April 17, 2013

The Daily Bankruptcy News

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Law:

You’ve Got (No)Mail! Major Law Firm Blocks Employee Email Access
(DBN)

Why DLA Piper’s co-CEO ended up in San Diego (Hint: it’s a numbers thing)
(DBN)

Firm denies bias claims by lawyer who said he was treated as ‘token black associate’ --- Ropes Adds Details to Defense Against Ex-Associate's Bias Claim
(DBN)

Restructuring Pros Revel in Conference Site
(DBN)

Pregnant at Work
(DBN)

Firing Clients
(DBN)

Pricing contract lawyers
(DBN)

Suicide Pricing
(DBN)

Debevoise, Littler, Freshfields, Cooley: Business of Law
(DBN)

Is It Unlawful for Attorneys to Pilfer Clients?
(DBN)

Departure Memo Of The Day: Guy Burns A Bridge With Burger King On The Way To Law School
(DBN)

Chevron grills U.S. lawyer in $19 bln Ecuador pollution case
(DBN)

Limited Retainer or General; Legal Malpractice or Not
(DBN)

Company sues former law firm, says failure to detect issues before IPO cost millions
(DBN)

S&P Dumps All Over Stand-Alone Law Schools
(DBN)

The Decision: Tempted By The ‘T14′
(DBN)

Law School Students Use Passion and Flexibility in Struggling Job Market --- Sounds S--y. Or Stupid.
(DBN)

Comparing the Law Schools of the South
(DBN)

People Are Paying Way Too Much To Go To Mediocre NYC Law Schools
(DBN)

Cash Cow: Law School Enrollment Dropoff Causes University-Wide 20% Departmental Budget Cuts
(DBN)

Is There A Talmudic Masekhet On Sock-Puppets? There’s A Law Professor Who Needs To Know
(DBN)

Boston Tackles 'Complex Crime Scene' --- "Mystery Man" On Boston Roof Was Probably Just Tenant On Deck Of Luxury Rental Building --- Massachusetts General Thanks Employees For 'Overwhelming' Support During Tragedy --- Fallen Soldier's Father Becomes A Hero After The Boston Marathon Bombings --- Defining Terrorism Isn’t So Easy --- Security heightened at Boston airport after blasts --- Courts closed in at least one county Tuesday after Boston Marathon deaths and bomb threat --- Paul Lippe: Pressing ahead and refusing to be terrorized --- Boston Marathon bombs packed with gunpowder, shrapnel --- Bombing Probers May Seek Clues From Earlier U.S. Attacks --- Boston Bomb Probe Will Be 'Fast-Moving and Intense'
(DBN)

California Teen Woke Up With Drawings On Her Body After Alleged Assault
(DBN)

TX: Woman, 84, Hires Hit Man to Kill DA
(DBN)

California lawyer and his wife are slain in their home
(DBN)

Want free advice? Don't ask me about the law
(DBN)

Attorney withdraws from murder defense after being charged with groping client’s mom at law office
(DBN)

New York lawyer sues Brooks Brothers, claims it gave him wrong suit after alterations
(DBN)

Bar cites email from missing lawyer in emergency suspension case over missing law firm millions
(DBN)

Rejected client bit law firm intake worker before partner prevailed in office fistfight, police say
(DBN)

Ex-employee takes plea in $376K copy machine toner theft from Fried Frank
(DBN)

A Caribbean Cruise From Hell
(DBN)

Widow Claims Truck Smothered Husband
(DBN)

Mug Shots
(DBN)

Say What?!
(DBN)

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Judges:

Like all of Washington, Supreme Court on heightened alert
(DBN)

When Judge Rakoff Tells You to STFU, You Listen
(DBN)

Lurid Complaint Against Georgia Judge
(DBN)

The Supreme Court Is Hearing A Heartbreaking Adoption Dispute
(DBN)

SCOTUS Rules That Subrogation Claimant Takes Subject To Common Fund Rights Of Counsel, But With A Clearer Subrogation Contract Counsel Would Have Lost Fees
(DBN)

Outraged Judge Orders Merger Undone
(DBN)

Prurient Interest Gets Judge In Hot Water
(DBN)

Scalia Calls Voting Act A 'Racial Preferment'
(DBN)

Bankruptcy judge named dean of Campbell law school
(DBN)

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Wall Street:

German Market Falls Hard Out Of Nowhere — US Futures Go Red
(DBN)

Stocks Recover From Worst One-Day Drop in 2013
(DBN)

A Former Banker Explains How Wall Streeters Work 100 Hours A Week And Keep Their Social Lives
(DBN)

How Goldman Sachs Made A Fortune In The First Quarter --- Revenue from client trading drops
(DBN)

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Layoffs:

Man Brilliantly Quits His Job To Pursue Dream Job With Resignation Letter Written On A Cake
(DBN)

CEO Donates His $3.6 Million Bonus To Employees
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Electricity:

Energy Future Issues Salvo as KKR, TPG Seek to Retain Stake
(DBN)

Energy Future Unit Loans Fall After Pre-Packaged Bankruptcy Plan
(DBN)

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Education:

Jobs safe despite School Specialty bankruptcy
(DBN)

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Health Care:

The SCOOTER Store Holdings, Inc. files Chapter 11
(DBN)

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Coal:

Looking At The Effects Of Patriot Coal's Bankruptcy
(DBN)

Peabody: Patriot CEO 'countered both by history and his own actions'
(DBN)

Peabody asks court to dismiss Patriot lawsuit
(DBN)

Patriot Coal Creditors Oppose Control Extension
(DBN)

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Corporate Reform:

The CFPB's Effects On Mortgage Banking
(DBN)

SEC's Aguilar urges end to mandatory arbitration agreements
(DBN)

The DOJ is invoking wartime powers to extend statutes of limitations for financial crimes
(DBN)

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Telecoms:

Dish's $25.5B bid for Sprint Nextel
(DBN)

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Economy:

Cars, utilities lift US industrial output in March --- Factory Production in U.S. Unexpectedly Decreased in March
(DBN)

Fed Officials Stress Need for QE After Jobs Slowdown
(DBN)

Why This Is The Worst Recovery On Record
(DBN)

Consumer Prices Unexpectedly Fall 0.2%
(DBN)

Citi Economic Surprise Index Goes Negative
(DBN)

Fed Regional Bank Directors Saw Moderate Expansion Amid Risks
(DBN)

Why Gold is Falling as Global Fears Rise
(DBN)

IMF: 'mildly ironic' that gridlock spawned US deficit reduction
(DBN)

Bombshell New Paper Claims That Microsoft Excel Coding Error Is Behind The Reinhart-Rogoff Study On Debt --- Holy Coding Error, Batman --- Austerity's Giant Embarrassing Error --- How influential was the Rogoff-Reinhart study warning that high debt kills growth? --- Economists defend case for austerity
(DBN)

The Bitcoin collapse continues
(DBN)

IMF Slashes Growth Forecasts All Around The World --- Global GDP Outlook In One Huge Map
(DBN)

Sequester Hit Small Businesses the Hardest
(DBN)

U-Haul Top Moving Destinations
(DBN)

Babies Who Will Rule The World
(DBN)

The 9 People With The Most To Lose As Gold Crashes
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Housing Starts at Highest Level Since 2008 - Surpass 1 million in March --- Seven-Year High for Multifamily --- Single-Family Housing Starts Down 4.8% In March
(DBN)

Foreclosure defense lawyer is missing; his law partner says at least $6M in firm money is gone
(DBN)

Motion Filed to Have Carter’s Grove Mansion Owner Apprehended
(DBN)

Signs That The Housing Recovery Is Stalling
(DBN)

Single-Family Home Builders Still Cautious
(DBN)

Equifax Reports Home Finance Write-Offs Decreased Nearly 23% in First Quarter
(DBN)

National Bankruptcy Services relocates to Addison
(DBN)

Survey: Homeowners’ Biggest Regret? Didn’t Buy Bigger
(DBN)

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Aviation:

Remember these dates in the AMR bankruptcy case
(DBN)

American Airlines workers to get stake in company
(DBN)

Airline Mergers Mean Higher Prices and Higher Profits
(DBN)

Judge leaves door open for $20M severance award for AMR CEO
(DBN)

Computer glitch: AA grounds all flights through 5 pm ET
--- From inside American Airlines’ travel hell --- Stranded American Airlines passengers let their frustration show on Instagram --- Systems Are Back, But Expect More Delays And Cancellations
(DBN)

______________

Trucking:

Second search warrant executed against Pilot: 'It's ongoing'
(DBN)

______________

Fraud:

Wife Of Tax Advisor Jack Brown "Pleads The 5th" Numerous Times At Bankruptcy Creditors Meeting
(DBN)

RRA trustee, creditors working on plan B
(DBN)

Madoff trustee’s “bluster” insufficient to block feeder fund settlement
(DBN)

______________

Bankruptcy Crimes:

Illinois couple get probation for bankruptcy fraud
(DBN)

______________

Television:

Alfacam expects bankruptcy
(DBN)

KIT Digital Says It Could File for Chapter 11 This Month
(DBN)

______________

Retailing:

Fitch: JC Penney Draw on Revolver Seen as Stop-Gap Measure
(DBN)

Court temporarily blocks Penney from selling Martha Stewart goods
(DBN)

______________

Banking:

Pace of FDIC Failed Bank Litigation Filings Slows
(DBN)

Europe Votes to Curb Banker Bonuses
(DBN)

Fitch: Mixed Recoveries for Creditors in U.S. Retail Bankruptcies
(DBN)

______________

Tax:

IRS Requests Comments On Ch. 11 Notice
(DBN)

Austria Accuses United States, United Kingdom of Allowing Tax Havens
(DBN)

______________

Celebs:

Feds in NY: Russian mob ran celebrity poker games
(DBN)

______________

Scrapbooking:

Creative Memories files Chapter 11, lays off employees
(DBN)

______________

Oil/Gas:

D&L files for bankruptcy
(DBN)

______________

Hotels:

Hotel bankruptcy causes concerns
(DBN)

______________

Tech:

Yahoo Stock Drops On Revenues Miss
(DBN)

______________

Entertainment:

Girls Gone Wild Brands to Be Run by Bankruptcy Trustee
(DBN)

______________

Corporate Governance:

Delaware and the sham of shareholder ownership
(DBN)

______________

Alternative Energy:

Chinese solar giant defaults on bonds because it can’t come up with $24 million
(DBN)

LDK Solar Takes a Step Closer to Bankruptcy
(DBN)

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New Bankruptcy Opinions
(5 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Chapter 7, 12 & 13 Private Trustee Locator
(DBN)

Recent Ch. 11 Filings (25 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (14 new filings today)
(DBN)

Bankruptcy Code - Prior BK Codes - Bankruptcy Rules
(large downloads)

UCLA-LoPucki Bankruptcy Research Database
(DBN)

Bankruptcy Jobs:

(1)- (2)- (3)- (4)- (5)- (6)- (7)- (8)- (9)- (10)
(DBN)

Seminars - (Contact us to list your seminar)

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Bankruptcy Statistics:

Interactive Bankruptcy Statistics Map
(DBN)

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Personal Bankruptcy:

Ch. 13 Post-Confirmation Funds Returned to Debtor after Conversion to Chapter 7
(DBN)

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Sales:

Release Given by Chapter 11 Debtor Binding on Chapter 7 Trustee
(DBN)

______________

Cross-Border:

2nd Circuit defines 'center of main interests' in Chapter 15
(DBN)

______________

Litigation:

Project Management: The Human Hand That Guides E-Discovery
(DBN)

Managing Exhibits in Trial
(DBN)

______________

Municipalities:

Section 903 – In Chapter 9 Does Federal Law Trump State Law or Vice Versa?
(DBN)

Protesters interrupt Detroit City Council meeting
(DBN)

Pact would reunite Detroit EFM Kevyn Orr with former boss at Jones Day
(DBN)

Is Jones Day Sh-t Or Shinola? Detroiters Blast Bankers’ Takeover; Council To Vote April 16
(DBN)

Despite Public Outcry, Detroit City Council Okays $3.35 Million Jones Day Pact
(DBN)

Detroit takes step to restructure debt despite protests
(DBN)

Real Estate Billionaire Is Making A Giant Bet On Detroit
(DBN)

Rate spike may lead to U.S. muni 'Armageddon' -SEC commissioner
(DBN)

'Creative' pleading can't get Assured past bankruptcy stay
(DBN)

______________

Basketball:

Bankruptcy judge approves sale of 7 percent stake in Kings
(DBN)

______________

Brokers:

Ex- MF Global Broker Sentenced to 5 Years for Illegal Trades
(DBN)

Peregrine Financial Trustee Claim Draws Fire
(DBN)

______________

Lehman:

Lehman Judge Approves Key Deals; Brokerage Payback Imminent
(DBN)

Court OKs Lehman settlements to free up $15 billion for customers
(DBN)

______________

Skiing:

Judge approves Snö Mountain sale
(DBN)

______________

Rating Agencies:

S&P Sued by More Australian Towns Trying to Recoup Losses
(DBN)

______________

Sovereigns:

Italy's Pari Passu Scrubbing
(DBN)

______________

UK:

Increase in late payments to pension schemes could signal trouble for employers, says expert
(DBN)

Linklaters client RBS loses CoA case against Highland Capital - "fraudulent representations"
(DBN)

Earnings Of UK Workers Now Growing Slower Than During The Financial Crisis
(DBN)

Ernst & Young called in to save foundation hospital
(DBN)

______________

EU:

Cyprus braces for Russian cash exodus
(DBN)

European car sales fall again in March
(DBN)

______________

PIIGS:

Accounting scandal deepens at Spain's Pescanova --- Bank of Spain deliberates fate of Santander CEO --- Moody’s Points to Lost Decade for Spanish Housing
(DBN)

______________

Canada:

Fairness prevails: Ontario Court applies “fraud upon the bankruptcy law” principle to void provision of contract
(DBN)

Canada Has Got Problems
(DBN)

______________

Germany:

Germany raids hundreds of homes looking for tax cheats
(DBN)

______________

France:

Moody's Cuts Peugeot Bank to Junk
(DBN)

______________

South Korea:

Why South Korea is under stress and college graduates there earn less than if they didn’t have a degree
(DBN)

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