April 29, 2013

The Daily Bankruptcy News

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Law:

Partners At Wachtell Earn Far More Than At Any Other Firm
(DBN)

DLA Piper highest-grossing law firm in 2012, report says
(DBN)

An Am Law 100 Cheat Sheet
(DBN)

NALP2013: Entry Level Associates Need Not Apply
(DBN)

Hunton & Williams, Latham, Venable, K&L: Business of Law
(DBN)

Fenwick & West, MoFo, Dechert: Business of Law
(DBN)

Baker & McKenzie aims to double female representation among equity --- Baker & McKenzie shakes promotion approach to meet equality targets
(DBN)

Weil Gotshal branch rolls out range of alternative billing methods
(DBN)

Hogan Lovells defends firm's bonus scheme in face of partner criticism
(DBN)

Earnings Plateau, Profits Dip at Top N.J. Firms
(DBN)

Pa. Am Law 100 Firms Surpass National Revenue Growth
(DBN)

Investigators Are Pursuing 'Persons Of Interest' In Boston Bombings Probe--- Russia Had Wiretap On Boston Bombing Suspect In 2011 --- Lawmakers Seek More From Russia on Boston Bombers --- How U.S. Intelligence Screwed Up Its Chance To Stop The Boston Bombers --- I Knew the Boston Bombers' Mother --- Bombing suspects' mother says sons are completely innocent --- In Boston Marathon Bomb Case, Resources Aren't Equal --- Tsarnaev Family's Faded American Dream
(DBN)

Damn, It Feels Good to Be an Ivy Law Grad
(DBN)

Greenberg Settles with Heller Estate for $5 million
(DBN)

Whiny Law Student Gets Publicly Excoriated By ‘Miss Manners’
(DBN)

The Fourth Step in Leaving Law Behind — Facing Your Fears
(DBN)

Law Schools: Managing U.S. News & World Report - The Enron Way
(DBN)

Touro Law Recruits Undergrads for Fast-Track J.D. Program
(DBN)

Is Law School Reform Going to Come Top Down or Bottom Up?
(DBN)

Law schools see big decrease in applications
(DBN)

Affirmative action: Unequal protection
(DBN)

No corner office if you work at home
(DBN)

Judge Dismisses Malpractice Action Against Willkie Farr
(DBN)

Better for Lawyers: Android or iPhone?
(DBN)

Accountants surpass law firms in social media race
(DBN)

Clifford Chance picks BlackBerry over iPhone with deal for 1,600 new devices
(DBN)

Lawyer learns the hard way about limits of bank safe-deposit box protection
(DBN)

Law grad’s espionage indictment revealed; treaty thwarts extradition
(DBN)

Thousands Of Men Arrested For Claiming To Be A Fake Messiah
(DBN)

Draft Picks Have Tremendous Criminal ‘Upside’
(DBN)

The Great Surveillance Boom
(DBN)

Lawyer Says P*****-Severing Woman Had ‘Break With Reality.’ You Think?
(DBN)

‘Friends of Rosemary’ file amicus brief seeking to keep DA in office after 45-day DWI sentence
(DBN)

Postcard-only jail mail policy is unconstitutional, federal judge rules
(DBN)

Man Goes to Courthouse to Defend DUI Charge. Drunk.
(DBN)

Say What?!
(DBN)

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Judges:

Richmond lawyer named federal bankruptcy judge
(DBN)

Justice Breyer Fractures Shoulder
(DBN)

Pulitzer awarded for book on largely forgotten case defended by Thurgood Marshall
(DBN)

Gawker Tells Judge to ‘Talk to the Hand’
(DBN)

Scotus: O'Connor Regrets 2000 Election Role
(DBN)

Suspended Judge Argues Ticket-Fixing Is Not a Federal Crime
(DBN)

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Wall Street:

Wall Street stock futures trade higher
(DBN)

Global shares rise on central bank expectations, euro also up
(DBN)

US stocks close on mixed note
(DBN)

The World's First Stock Market Crash Happened Nearly 300 Years Ago
(DBN)

Lazard profit falls 40 percent as bank closes fewer big deals
(DBN)

Influential economist says Wall Street's full of 'crooks'
(DBN)

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Layoffs:

Here's What People Do When They Drop Out Of The Labor Force
(DBN)

When Good Jobs Go Away and Won't Be Back
(DBN)

No, the US doesn't have a shortage of scientists, engineers and mathematicians
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Rating Agencies:

Moody's S&P settle lawsuits accusing them of hiding risky investments
(DBN)

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Food/Beverage:

Twinkies ovens will fire up in 4 plants, refilling shelves
(DBN)

Here's What The Twinkies Comeback Trail Looks Like
(DBN)

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Publishing:

Apax Loads Up on Cengage Debt
(DBN)

Cengage Preparing to Pursue Debt Restructuring
(DBN)

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Health Care:

Trustee for Universal Health Care bankruptcy in for long haul
(DBN)

Will Obamacare end medical bankruptcies ? Probably not.
(DBN)

Doctors blast ethics of $100,000 cancer drugs
(DBN)

Millions can't afford to go to the doctor
(DBN)

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Finance:

Judge says creditors can vote on Arcapita liquidation plan
(DBN)

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Autos:

Too Big to Flail: Resolving Claims Efficiently in the GM Cases
(DBN)

Fisker Edges Closer to Bankruptcy as New Details Emerge
(DBN)

Fisker's DOE loan inspires bipartisan battle
(DBN)

GM Clears Way for Treasury to Accelerate Exit
(DBN)

Court OK's Peugeot Restructuring
(DBN)

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Banking:

Banks Seek Reputation Repair
(DBN)

Douglas County Bank, GA, Biggest Bank Failure of 2013
(DBN)

Parkway Bank, NC, Closed By Regulators
(DBN)

CFO: Big Banks Not Ready to Stand on Own
(DBN)

JPMorgan Names Zames Sole Bank COO as Bisignano Joins First Data
(DBN)

FDIC sues former leaders of Everett's Frontier Bank
(DBN)

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Economy:

Growth in U.S. Trails Forecasts as Defense Spending Falls
(DBN)

U.S. economy revved up, but it's probably temporary
(DBN)

Americans See Finances as Better, but Worse Than Pre-2008
(DBN)

Economic growth, at 2.5%, falls below expectations
(DBN)

The New Methods Of Calculating GDP Make The Economy 'Bigger' Than It Used To Be
(DBN)

Safe Bet? Central Banks Suddenly Start Buying Stocks
(DBN)

Obama's $76bn Corporate Tax Break Gamble
(DBN)

Public and Private Sector Payroll Jobs: Bush and Obama
(DBN)

Promises, Promises: Obama offers to break Social Security pledge, clashes with GOP on Medicare
(DBN)

Global Economic Confidence Little Changed Since 2009
(DBN)

Economy picks up, but still disappoints
(DBN)

Consumer Sentiment in US Fell to Three-Month Low in April
(DBN)

American Rail Traffic Growth Has Nearly Ground To A Halt
(DBN)

The mysterious difference between those who make it rich and those who don't
(DBN)

Army: No More Tanks; Congress: More Tanks
(DBN)

10 Most Socially Advanced Countries
(DBN)

How Big Are Underground Payrolls? Try $2 Trillion
(DBN)

Treasury Secretary Lew: Work remains to boost economy, job creation
(DBN)

The Growing Divergence Between Rich And Poor Economies May Become A Source Of Great Danger
(DBN)

Treasury: GM, Ally Execs Won't Get Pay Raises
(DBN)

12 Popular Myths About the US Economy
(DBN)

Everything You Need To Know About Corporate Earnings In One Huge Chart --- Revenue still missing as companies beat earnings
(DBN)

Krugman: Knaves, Fools, and Me
(DBN - NY Times - Paywall Limit Possible)

How The Fed Holds $2 Trillion (And Rising)Of US GDP Hostage
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Mortgage Eminent Domain: A Bad Idea That Refuses To Die
(DBN)

San Francisco housing market becomes nearly unaffordable
(DBN)

Idaho Supreme Court secures MERS role as beneficiary
(DBN)

The invidious “down payment requirement” meme
(DBN)

While Wronged Homeowners Got $300 Apiece in Foreclosure Settlement, Consultants Who Helped Protect Banks Got $2 Billion
(DBN)

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Retailing:

After JCP 'Ackfires' - George Soros Buys Big
(DBN)

J.C. Penney’s Johnson Cleanup Includes Unpaid Contractors
(DBN)

A Different Kind of Plan B for J.C. Penney's Real Estate
(DBN)

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Municipalities:

New Chapter in Municipal Bankruptcy
(DBN)

San Bernardino is making progress against bankruptcy
(DBN)

San Bernardino bankruptcy could spell the end of the city
(DBN)

Allen Park: Emergency manager order wipes several city commissions
(DBN)

Harrisburg mayoral candidates on bankruptcy : Avoid it, 4 of 5 say --- Harrisburg debt crisis solution imminent with incinerator sale
(DBN)

Altoona: Act 47 leads to officers' exodus
(DBN)

Primacy of pensions in city bankruptcy may be issue for U.S. court in July
(DBN)

21 Excellent Cities For Financial And Emotional Prosperity
(DBN)

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Tax:

Billionaires Flee Havens as Trillions Pursued Offshore
(DBN)

Tax cheats pony up $5.5 billion in IRS amnesty program
(DBN)

GAO: IRS May be Missing Offshore Tax Evasion
(DBN)

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Coal:

Union miners, others, to rally Monday in St. Louis as Patriot bankruptcy case begins
(DBN)

Will More Debt-Laden Spin-offs Sue their Parent Companies?
(DBN)

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Celebs:

The Broke and the Beautiful: Supermodel Edition
(DBN)

Millionaires Who Lost It All and Got It Back
(DBN)

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Bankruptcy Crimes:

Feds: Bankruptcy scam freed impounded vehicles
(DBN)

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Electricity:

GFalls eyes deal to sever ties with power co-op --- Great Falls To Pay Millions in Bankruptcy Deal
(DBN)

Does Wall Street Understand Utilities?
(DBN)

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M&A:

Report: Cross-Border M&A Activity to Rise
(DBN)

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Compensation:

Mark Zuckerberg Joins The $1 Salary Club --- Made $2.3 Billion Last Year
(DBN)

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Entertainment:

Girls Gone Wild Founder Francis slapped with restraining order
(DBN)

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Trucking:

Many Questions in Pilot Flying J Kickback Case --- FBI court documents recount 'gray side' of Pilot Flying J --- Shadowy figures - one a mole - were key to federal raid --- Pilot Flying J president Mark Hazelwood also under scrutiny --- Affidavit: Pilot Flying J official targeted Hispanics--- Truck stop royal family falls on hard times --- Trucking company files for restraining order against Pilot Flying J --- Equity firm stands by its investment in Pilot Flying J
(DBN)

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Fraud:

Judge won't block SEC use of recording against Goldman's Tourre
(DBN)

The Biggest Price-Fixing Scandal Ever
(DBN)

Allen Stanford Told to Disgorge $6.7 Billion in SEC Case
(DBN)

New York judges split on fraud standards in SEC cases
(DBN)

Galleon Group Co-Founder Surfaces on Horseback
(DBN)

Feds seek prison for Conn. ex-hedge fund manager
(DBN)

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Oil/Gas:

Geokinetics Wins Approval of Reorganization Plan
(DBN)

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Accounting:

SEC turning to technology to spot accounting abuses
(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 (24 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (15 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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Bankruptcy Reform:

ABI Chapter 11 Commission Field Hearing - 4/20/2013 (video)
(DBN)

Bankruptcy Laws Receive Inflation Adjustments
(DBN)

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Bankruptcy Compensation:

Bankruptcy Judges Sour On Golden Parachutes
(DBN)

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DIP Finance:

Delaware Bankruptcy Court Upholds Make-Whole Claim Equal to 37 Percent of Loan Principal
(DBN)

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Turnarounds:

Deloitte: Turnarounds and Democracy Don't Mix
(DBN)

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TBTF:

Trying to Slam the Bailout Door
(DBN)

Banks are Too Big to Fail Again
(DBN)

The Seductive Simplicity of a New Banking Bill
(DBN)

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Litigation:

Litigation Funding: States Object to 'Payday' Lawsuit Lending
(DBN)

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Insurance:

Ambac strikes deal to bar Lemonides from board
(DBN)

Bond insurer MBIA retains Weil as it looks to avoid takeover -source
(DBN)

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Pensions:

Why Unions Want to Cut Retiree Pension Benefits
(DBN)

Loans Borrowed Against Pensions Squeeze Retirees
(DBN)

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Telecoms:

Investment firms to share majority ownership under KIT digital plan
(DBN)

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Aviation:

AMR stock symbol may not survive US Airways merger
(DBN)

American Airlines Seeks $3.25 Billion in New Financing
(DBN)

Bankruptcy court approves antitrust settlements between American Airlines, Orbitz and Travelport
(DBN)

CEO: Parker, Walsh and Rich appear at Phoenix event
(DBN)

U.S. House joins Senate in passing bill to end air traffic control furloughs
(DBN)

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Awards:

TMA to Honor Award-Winning Chapters at the TMA Senate
(DBN)

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Elder Debt:

Disguised loans plunge retirees further into debt
(DBN)

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Corporate Reform:

CFPB Director Cordray remains unconfirmed three months after appointment
(DBN)

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Sovereigns:

Enforcement against State assets: France's latest contribution to the Argentinean saga
(DBN)

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UK:

Big Four “wield undue influence” over tax system, say MPs
(DBN)

Government to introduce new sanctions on IPs this summer
(DBN)

Consortium buys insolvency business Duff & Phelps
(DBN)

Audit reforms are a great compromise: no one is happy --- “Nudge” in right direction but leave many unsatisfied
(DBN)

Begbies Traynor secures new debt facilities
(DBN)

Balfour slumps after shock profit warning
(DBN)

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EU:

If not now, when will ECB cut rates?
(DBN)

Cyprus One Month Later: Uncertainty Has Broken The Morale Of The People --- Bank of Cyprus converts portion of uninsured savings to equity
(DBN)

Luxembourg Is Not The Next Cyprus
(DBN)

The Horrendous State Of The European Consumer
(DBN)

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PIIGS:

Failure of Spain's Pescanova lifts lid on culture of secrecy --- Spain sees GDP at -1.3 percent in 2013, deficit at 6.3 percent --- Spanish regulator proposes Deloitte as Pescanova administrator --- Spain’s economy is in tatters --- Spain needs more time to meet austerity targets --- The Spanish 27.2% Fiction
(DBN)

CJEU: Ireland "breached obligations" by failing to guarantee workers' pension entitlements
(DBN)

Greece passes reform law to unlock more IMF rescue loans --- Bill to cut 15,000 civil servant jobs --- Taxpayers facing a barrage of obligations in next nine months --- New payment plan for overdue taxes could see state confiscating deposits --- Is eurozone poised to soften position on austerity?
(DBN)

Shortage of pizza-makers as Italians are too proud
(DBN)

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Germany:

Germany's Aggressive Hunt For Tax Evaders Is Paying Off
(DBN)

Germany Should End Austerity, Not Ireland
(DBN)

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France:

French court rejects Peugeot cutbacks challenge
(DBN)

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Iceland:

Iceland Ousts Government IMF Praised Amid Austerity Fatigue
(DBN)

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MENA:

Report: The CIA Has Paid Tens Of Millions Of Dollars To The Afghan President's Office Over The Last Decade
(DBN)

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Denmark:

Danes as Most-Indebted People in World Lose Appetite For Credit
(DBN)

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