April 5, 2013

The Daily Bankruptcy News

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Law:

Law firm mergers surge in 1st quarter 2013
(DBN)

Should Moms Only Work Part-Time?
(DBN)

Reflections on the Decreasing Affordability of Legal Education - More than 50% of Graduates Aren’t Making a Living
(DBN)

If You Want To Own A Home, Don’t Borrow Money To Go To Law School
(DBN)

Arizona cuts law school tuition, marking a first
(DBN)

Martoma, Gibson, Sullivan & Cromwell: Business of Law
(DBN)

Can Outside Firms Get Over the Discount Mentality?
(DBN)

Managing ‘Toxic’ Clients
(DBN)

Future of law includes big data, bigger competition and global jurisdictions
(DBN)

From Biglaw to Boutique: Good Eats
(DBN)

Judge: Robins Kaplan lawyer must stay away from S&P's Cahill counsel - “Egregious” conduct in a courtroom altercation over discovery
(DBN)

Four Keys to Teaching Young Partners How to Build Their Business
(DBN)

How to fix a ‘churn that bill’ mentality? --- Law Firms and Overcharging: The System Itself Is Rotten
(DBN)

What’s Going on at Edwards Wildman Palmer?
(DBN)

Lawyer saves teen client who appeared ready to leap from courthouse roof
(DBN)

Trailblazing women made white-collar crime an important field of study
(DBN)

Which State Has the Most Difficult Bar Exam?
(DBN)

Law firm fell victim to phishing scam, precipitating $336K overseas wire transfer, bank suit alleges
(DBN)

Sedgwick GC named in suit over alleged race-based firing
(DBN)

Sullivan & Cromwell’s M&A Hotline is Ringing
(DBN)

As more hackers target lawyers, here’s how to protect client data
(DBN)

Trial lawyers share their favorite tech tools in their litigation toolboxes
(DBN)

Alternative Careers For Law Grads: Busker
(DBN)

Mel Weiss Learns You Can’t Say Your ABCs Without D, U, and I
(DBN)

How This Woman Managed To Get Her Million-Dollar Prenup Thrown Out
(DBN)

Lawyer's suit jacket deflects judge’s objection to client’s T-shirt
(DBN)

'Craiglist Killer' Gets The Death Penalty
(DBN)

Dog-Killer Cops Face Kafkaesque Lawsuit
(DBN)

‘Pregnant man’ can’t divorce, wife gets no alimony, because they’re not legally wed, judge rules
(DBN)

Who Polices Prosecutors Who Abuse Their Authority? Usually Nobody
(DBN)

S-- and the Law in “The Good Wife”
(DBN)

Lawyer sentenced to life in murder of ex-wife and child of Eddy Curry
(DBN)

A 25-year sentence for a nonviolent, first-time drug offender
(DBN)

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Judges:

Bankruptcy judge had 2nd longest US record
(DBN)

Does Private Money Taint Judicial Seminars?
(DBN)

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Wall Street:

Which Supreme Court Justice Will Be Painted as a ‘Brilliant Politician’ This Time?
(DBN)

Stock futures signal dip ahead of payrolls
(DBN)

Stocks close higher; Dow Jones gains 55 points
(DBN)

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Layoffs:

23 Million Americans Are Unemployed Or Underemployed
(DBN)

Job Insecurity High as Layoffs Show Huge Surge
(DBN)

Some Troubling Demographic Trends To Consider Before The Jobs Report
(DBN)

The 18 Biggest Mass Layoff Announcements Of The Past Year
(DBN)

Your Job Prospects Depend on Where You're Looking
(DBN)

Workers seek severance from closed Pa. solar plant
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Municipalities:

Prince Rupert's Mayor Says Pulp Mill Headaches Could Lead City to Bankruptcy
(DBN)

What Stockton's Bankruptcy Means for the Rest of Us
(DBN)

Bankruptcy ruling not a clear win for Stockton, CalPERS
(DBN)

Stockton: Mayor's tax plan opposed by council
(DBN)

Stockton survives a bankruptcy test
(DBN)

San Bernardino gets small victory in bankruptcy court
(DBN)

Bankrupt San Bernardino Will Resume Payments to Calpers
(DBN)

The Best States To Make A Living
(DBN)

Most U.S. Cities in Two Years to Issue Debt in 2013, Survey Says
(DBN)

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Food/Beverage:

Mo. announces order in sweetener plant failure
(DBN)

USDA cites bankrupt company for PACA debts
(DBN)

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Economy:

Fed Is Weighing a Reaction to Stirrings of Recovery
(DBN)

'Slow Crawl' to Prosperity as Jobs Growth 'Dives'
(DBN)

Goldman: The Global Economy Is Slipping And Slowing Down
(DBN)

The American Public Is Clueless About The Devastating Consequences Of The Sequester
(DBN)

Weekly jobless claims climb to 385000, most in four months
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Survey: Most Americans Believe Housing Crisis Persists
(DBN)

Default servicing law firm sets up shop in Florida
(DBN)

Searching for Sugarman Salvation in IStar Land
(DBN)

ResCap, DOJ butt heads over insider bonuses
(DBN)

CFPB Charges Four Mortgage Insurers With 'Improper Kickbacks'
(DBN)

Freddie Mac: 30-year mortgage rate falls from 3.57% to 3.54%
(DBN)

U.S. charges N.Y. mortgage lender with defrauding government
(DBN)

Mortgage-Back Securities Case Loses Most Steam
(DBN)

Trulia: Asking House Prices increased in March, Rents "flatten"
(DBN)

Where Investing in Rental Homes Is Most Profitable
(DBN)

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Fraud:

Report: Jeff Skilling may get early release
(DBN)

SAC's Steve Cohen Didn't See This One Coming
(DBN)

Why Steven Cohen Has Nothing to Worry About
(DBN)

With three recent setbacks, maybe Steve Cohen should dump the Picasso
(DBN)

Can a judge really block the SEC's $600 million settlement with Steven Cohen?
(DBN)

How to hide $8.3 billion
(DBN)

The Cahill Prosecution In Massachusetts: Vagueness Is Still A Problem After Skilling
(DBN)

Charity Can Be A Sign Of Fraud
(DBN)

Petters clawback suit targets another ex-Polaroid CEO
(DBN)

U.S. charges New York assemblyman, others with corruption --- THIRD New York politician busted for taking bribes
(DBN)

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Brokers:

Corzine strategy led to MF Global collapse: trustee --- Report Blasts Former CEO Corzine --- Report Hints at Possible MF Global Suit --- Corzine risky strategies sped MF Global decline ---'Negligent conduct' --- MF’s Global ‘warning’ --- MF Global Report: By The Numbers --- The Report
(DBN)

MF Global bankruptcy exit plan primed for court hearing
(DBN)

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Coal:

Patriot president and CEO: lack of union concessions will lead to liquidation
(DBN)

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Telecoms:

Pac-West Telecomm files for Chapter 11 protection
(DBN)

Showdown Looms Over LightSquared Wireless Venture
(DBN)

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Bankruptcy Crimes:

Man pleads guilty in $14M bank fraud
(DBN)

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Banking:

Wells Fargo's Legal Woes Continue
(DBN)

NY banks’ shotgun wedding
(DBN)

30 States Probing Banks
(DBN)

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Startups:

The Story Of A Failed Startup And A Founder Driven To Suicide
(DBN)

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Corporate Governance:

HP chairman quits as fallout over Autonomy sale rolls on
(DBN)

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Gambling:

Revel bankruptcy papers show up in one odd place
(DBN)

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Environmental:

Spill has couple on edge of bankruptcy
(DBN)

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Autos:

Detroit's Big Three Are Back, Right?
(DBN)

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Debt Collection:

As economy flails, debtors' prisons thrive
(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 (23 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (29 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:

Commercial Bankruptcy Filings Drop 27% in Q1/13
(DBN)

Arizona bankruptcies bump up in March
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

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Bankruptcy Bonuses:

U.S. Trustee Balks at ResCap Bonus Proposals for Executives
(DBN)

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Secured Debt:

Eighth Circuit BAP Affirms Lender’s Loss of Possessory Lien
(DBN)

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Finance:

Lenders Beware: You Might Not Be in the Clear When a Title Search Comes Up All Clear
(DBN)

______________

Recent Pleadings:

MF Global Trustee Issues Report, Blames Corzine
(DBN)

Committee In School Specialty Sues Bayside For Fraudulent Transfer
(DBN)

______________

TBTF:

The Growing Sentiment on the Hill For Ending 'Too Big To Fail'
(DBN)

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Obits:

Robert Saul Blau, bankruptcy lawyer
(DBN)

______________

Skiing:

Greek Peak to stay open, possibly expand, says Senator Schumer
(DBN)

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Health Care:

LCI Holdco Prepares For Emergence From Bankruptcy
(DBN)

Mental health center seeks bankruptcy protection
(DBN)

Universal Health Care members re-enrolled in other programs after company bankruptcy
(DBN)

War Against Superbugs Likely Unwinnable: Doctors
(DBN)

It’s easier to apply for green card than Obamacare
(DBN)

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Asset Protection:

9 Fabulously Wealthy People That Reportedly Keep Money Offshore
(DBN)

Mysterious mail triggers global tax-haven probe
(DBN)

A who's who of politicos and plutocrats have been linked to offshore tax havens
(DBN)

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Awards:

Mintz Levin’s Bankruptcy, Restructuring and Commercial Law Practice Receives Community Impact Award in 7th Annual M&A Advisor Awards
(DBN)

Mesirow Financial Consulting Named Restructuring Firm of the Year and Turnaround Consulting Firm of the Year for 2012
(DBN)

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Aviation:

Cyprus Airways Threatened With Bankruptcy
(DBN)

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UK:

Insolvency practitioners to be handed cross-border guidelines
(DBN)

KPMG Cobbetts report details £90m liabilities and potential SRA probe --- Cobbetts partners face scrutiny from SRA and administrators
(DBN)

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EU:

Draghi Signals ECB Stands Ready to Ease Policy If Needed
(DBN)

ECB signals rate cut on the agenda
(DBN)

Cyprus economy may shrink 13 pct in 2013, government spokesman says --- Investors see default risks in Cyprus despite bailout --- Carlyle’s Rubenstein Says Cyprus Scaring Depositers --- Is Cyprus turning into a zombie economy? --- Numbness gives way to anger in Cyprus
(DBN)

"The ECB's main preoccupation has become the playing of chicken with governments"
(DBN)

Europe to Shut 10 Refineries as Profits Tumble
(DBN)

______________

PIIGS:

Greece: Drastic cut in labor costs --- Dozens of Greek-owned offshore firms not registered for tax, report says
(DBN)

Police: Italian priest stole $5.1 million from hospital
(DBN)

______________

MENA:

Bread riots or bankruptcy: Egypt faces stark economic choices
(DBN)

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