April 25, 2013

The Daily Bankruptcy News

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Law:

DOJ withdraws Kaye Scholer settlement as GSC saga rolls on
(DBN)

K&L Gates Adds Houston Restructuring & Bankruptcy Partner
(DBN)

Psychotherapist Explains Why Some People Actually Love Corporate Law
(DBN)

K&L Gates' Appeal of Le-Nature's Trustee $500 Mil. Suit Denied
(DBN)

Stealth Lawyer: Mark Russ Federman, Appetizing Shop Owner
(DBN)

Steps Can Be Taken To Avoid Overbilling By Outside Counsel
(DBN)

Are blended rates alternative fee arrangements?
(DBN)

Why The Billable Hour Endures
(DBN)

Don’t Let the Door Hit You On the…
(DBN)

Last Minute Ideas for Administrative Professionals Day (and Week)
(DBN)

Matt Lauer: If NBC had hired PR Reputation Guys they would have made as much hourly as David Boies
(DBN)

Federal Powers-that-be: Will they begin looking into law-firm bonuses?
(DBN)

Will F. Lee Bailey practice law again? Opinion sees good character and one $2M problem
(DBN)

Godfrey & Kahn to get $6.5M for work on Lehman Brothers bankruptcy
(DBN)

Judge Tosses Lawsuit Against Brooklyn Law School
(DBN)

ABA Panel Struggles for Answers on Law School Reform
(DBN)

How Much Does Your Law Professor Make? Berkeley Law Edition
(DBN)

Major Chinese firm Zhong Lun opens office in New York
(DBN)

Lawyer Not Liable for Failure to Make a Better Argument to Avoid an Error by the Trial Court
(DBN)

Boss’s Relationship to Paralegal Paramour Raised Public Issue for Free Speech Claim
(DBN)

The Early Lives Of The Boston Bombing Suspects --- Tamerlan Tsarnaev Actually Was On Government Lists Of Potential Terrorists --- Boston Bomber: US Wars Fed Our Radicalism --- Tarmerlan Tsarnaev Received Welfare --- Intelligence Agencies Didn't Share Information --- Feinberg begins evaluating how to compensate Boston Marathon victims --- Bombing Suspect Immediately Stops Talking After Government Reads Him His Miranda Rights
(DBN)

Those on Terror Watch List Can Still Buy Guns
(DBN)

71-Year-Old And Her Daughter To Get $4.2 Million For Being Shot By LAPD
(DBN)

Close Shave
(DBN)

Woman arrested 396 times tells parole board she can change
(DBN)

Appeals court OKs 180-day contempt term for millionaire who helped son, 16, get married
(DBN)

Read, Jose Canseco, Read.
(DBN)

Bishop armed with samurai sword saves neighbor from mugger
(DBN)

Say What?!
(DBN)

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Judges:

Spectator sells murder trial seat for $200, is scolded and told to give the money back
(DBN)

How Much Pot Do You Need to Roll a Joint? Ask Justice Sotomayor!
(DBN)

Supreme Court watchers keeping an eye on Justice Ruth Bader Ginsburg's possible retirement
(DBN)

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Wall Street:

US Stock Futures Little Changed
(DBN)

U.S. Stocks Close Mixed
(DBN)

Wall Street Jobs Plunge as Profits Soar
(DBN)

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Layoffs:

The quiet humanitarian disaster of long-term unemployment
(DBN)

Long-Term Unemployment Is The Biggest Crisis In America — How Much Do Politicians Care?
(DBN)

Low Interest Rates Have Yet To Spur Job Growth
(DBN)

Protesting for $15 an hour minimum wage
(DBN)

An Alternative Theory Of The U.S. 'Skills Shortage'
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Municipalities:

Bankrupt Alabama county hires new top attorney
(DBN)

Moody's says Detroit bankruptcy could mean further downgrades
(DBN)

Despite Initial Protests, Detroit Appears Resigned to Emergency Manager
(DBN)

Back to school is a condition of pay for Flint City Council, emergency manager says
(DBN)

Stockton, Creditors Tell Bankruptcy Judge Debt Talks Will Resume
(DBN)

US cities have a choice – pull together or go bust
(DBN)

States' tax revenue likely grew at beginning of year: report
(DBN)

10 most polluted cities
(DBN)

Hawaii Remains State With Least Stress
(DBN)

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Oil/Gas:

The “Peculiar” Lease: Powell and the Treatment of Oil and Gas Leases
(DBN)

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Health Care:

CA: State sues financially troubled hospital chain
(DBN)

Why one doctor quit healthcare in America
(DBN)

Lawmakers, aides may get Obamacare exemption
(DBN)

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Student Debt:

Are Student Loans Becoming a Macroeconomic Issue?
(DBN)

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Distressed Investing:

Ex-Goldman Executives Said to Target $4 Billion for Special Situations Fund
(DBN)

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Alternative Energy:

California’s dream to be the Saudi Arabia of solar dries up in the desert
(DBN)

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Consumer Finance:

Federal regulators and Texas officials act to curb payday loans
(DBN)

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Economy:

Orders for U.S. Durable Goods Decline by Most Since August --- Points to sluggish economy
(DBN)

Wealthiest Americans Only Winners in Recovery, Pew Says
(DBN)

12 Signs The Economy Is Weaker Than You Think
(DBN)

Two Key Datapoints Coming Out Today
(DBN)

Obama's Budget Would Lead to the Highest Federal Tax Rate in 4 Decades
(DBN)

Travellers Are Livid About Flight Delays Caused By The Sequester --- Budget Cuts Back in Spotlight as Flight Delays Mount --- Pilots On Sequester Flight Delays: 'This Could Get Ugly' --- Flight Delays And Harry Reid's Sequester Strategy
(DBN)

Where the Budget Cut Pain Is Really Being Felt
(DBN)

Here's What A National Internet Sales Tax Will Cost You
(DBN)

Citigroup: "Major work" in shedding assets done
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Despite Improvement in Loan-Mod Defaults, Report Raises Alarms
(DBN)

CA: Foreclosures Down on New Laws
(DBN)

Judicial foreclosure timelines, regulations challenge servicers
(DBN)

Credit proves a hurdle for potential homebuyers
(DBN)

Housing's wealth effect is gone and probably not coming back
(DBN)

Hear That Boom? 'Spec' Homes Are Back
(DBN)

AIA: Architecture Billings Index indicates increasing demand for design services in March
(DBN)

MBA: Mortgage Applications Increase, Purchase Index highest since May 2010
(DBN)

Down Payment Rules Are at Heart of Mortgage Debate
(DBN)

Deutsche Bank can't shake L.A. claims over foreclosure blight
(DBN)

Sequester creates cracks in HUD's structure
(DBN)

CFPB provides clarification on qualified mortgage rule
(DBN)

How Much Has the Single Family Housing Market Shifted to Rentals (in numbers)?
(DBN)

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Celebs:

Bankruptcy judge issues arrest warrant for former Michael Jackson doctor once dubbed the 'dermatologist to the stars' --- Arnie Klein WANTED
(DBN)

Why So Many Wealthy Athletes Wind Up Broke
(DBN)

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Autos:

Obama administration warned of Fisker troubles a year before suspending loan
(DBN)

Exec: Fisker may file for bankruptcy
(DBN)

Republicans slam U.S. bet on electric carmaker Fisker
(DBN)

U.S. government, Fisker grilled over loans to green carmaker
(DBN)

3 Lessons From Fisker's Flameout
(DBN)

Fiat spurns Europe, eyeing the rest of Chrysler and a US listing
(DBN)

Automakers are getting crushed in Europe
(DBN)

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Waste:

Carlyle's Synagro seeks bankruptcy sale to Swedish firm --- Files to implement $455M sale to EQT
(DBN)

Synagro Technologies' bankruptcy will bring jobs to Baltimore
(DBN)

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Photography:

The impact of Kodak's decline
(DBN)

______________

Entertainment:

New Girls Gone Wild Leader Sues Founder Joe Francis
(DBN)

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Electricity:

The Biggest Energy Private Equity Deal is on the Verge of Collapse
(DBN)

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Brokers:

MF Again
(DBN)

Strategic Posturing Behind the Suit Against Corzine
(DBN)

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Engineering:

Workers Hurt By Bosses' Scandal
(DBN)

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Retailing:

Why Wall St. is Fighting the Online Sales Tax
(DBN)

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Mass Torts:

Ten More Cities Beat Deadline to Sue BP
(DBN)

BP lawsuit funder announces credit increase
(DBN)

______________

Rating Agencies:

Suddenly, Banks Are Victims
(DBN)

Rating Agency: Gimme A Break! Nobody Actually Believed Us!
(DBN)

______________

Food/Beverage:

The Best Fast Food In America
(DBN)

How To Book A Table At An Impossible-To-Get-Into Restaurant
(DBN)

______________

Construction:

When the Owner Fails
(DBN)

______________

Tech:

Atari Update
(DBN)

______________

Tax:

IRS Cannot Subpoena Law Firm's Documents Concerning Tax Client
(DBN)

Apple's tax dodge --- Apple reports $43.6 billion in revenue and $9.5 billion in profit
(DBN)

IRS issued billions in improper refunds, report says
(DBN)

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New Bankruptcy Opinions
(2 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (41 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (52 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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Miscellaneous:

Cravath: Recent Developments in Bankruptcy Law
(DBN)

Bill on Bankruptcy: Lawyers Easily Make Simple Words Complicated
(DBN)

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Bankruptcy Litigation:

Accounting Company Held in Contempt For Failure to Comply With Trustee’s Subpoena
(DBN)

______________

Plan Confirmation:

In re Lothian Oil: No Tolling of Statute of Limitations for Chapter 11 Plan Revocation
(DBN)

SARE Tactics: Placeholder Plans May Not Suffice to Protect a Single Asset Real Estate Debtor from Losing Chapter 11 Protections
(DBN)

______________

Professional Compensation:

Kaye Scholer cedes $1.5M in Chapter 11 fees, OKs new policy to end US Trustee's disclosure case - ABA Journal
(DBN)

______________

Cross-Border:

Comity in Chapter 15 - and Its Limits
(DBN)

The UNCITRAL Model Law on Cross Border Insolvency
(DBN)

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Disclosure:

Transparency Is the Rule in Chapter 11ýExcept for CEOs
(DBN)

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DIP Finance:

Delaware Bankruptcy Court Gives an “A+” to 37% Make-Whole Premium Re: Loan Contract Language
(DBN)

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Recent Pleadings:

Circuit Court Calls Weil On Conflict
(DBN)

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TBTF:

Too-Big-to-Fail Bill Seen as Fix for Dodd-Frank Act’s Flaws
(DBN)

Vitter Brown Too Big To Fail Bill
(DBN)

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Litigation:

Appeals Court Rejects Adoptive Business Records Rule and Requires Direct Proof That Predecessor Creditor's Documents Were Business Records
(DBN)

Fifth Amendment Fundamentals for Corporations
(DBN)

What We've Got Here Is Failure to Communicate
(DBN)

Authentication and Access for Social Media Evidence
(DBN)

______________

Defaults:

Fitch: U.S. High Yield Default Rate Slips to 1.6% in March, On the Move in April
(DBN)

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Corporate Reform:

The GOP's New Tactic Against the CFPB
(DBN)

"Bankers Need A Spanking"
(DBN)

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Education:

It’s time to air Cooper Union’s dirty laundry
(DBN)

Here's How Little Math Americans Actually Use at Work
(DBN)

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Defense:

As Pentagon Cuts, Contractors' Fortunes Diverge
(DBN)

______________

Sovereigns:

Harry's Here! -- Everyone Wants a Piece of NML's Pari Passu Pie
(DBN)

Vulture funds come under sovereign fire
(DBN)

______________

UK:

Bankruptcy levels show fresh fall
(DBN)

Barclays promises "rigorous" pay review
(DBN)

KPMG administrators arrange pre-pack of BGM Group
(DBN)

UK dodges triple-dip recession
(DBN)

Sale of Lloyds' branches collapses
(DBN)

______________

EU:

Austerity debate rages in Europe
(DBN)

______________

PIIGS:

Spanish Unemployment Hits 27.2% — Highest Since They Began Keeping Records
(DBN)

Swiss bank may be interviewed in Sean Dunne's US bankruptcy case
(DBN)

Greek state workers plan to rally against job-cut law
(DBN)

Italy's New Leader Throws Down Gauntlet on Austerity
(DBN)

______________

South Korea:

S. Korea Economy Grows at the Fastest Pace in Two Years
(DBN)

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Copyright 2013