August 20, 2013

The Daily Bankruptcy News

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Law:

Blame it on BigLaw: Firms of 100-plus lawyers cut hiring the most, causing a ripple effect
(DBN)

How Did Law Firms Fare In The First Half of 2013?
(DBN)

Swiss Lawyer, Sheppard Mullin, DLA Piper: Business of Law
(DBN)

‘I’ll Get This To You On Friday’
(DBN)

Am Law 200 Cafeterias Clean Up Their Act
(DBN)

Spring (Fall) Cleaning For Law Firms
(DBN)

Lawyerly Lairs: A Biglaw Partner’s Attractive Nuisance?
(DBN)

McKool Smith, Kilpatrick, Manatt Phelps: Business of Law
(DBN)

Jackson Walker's Success Impresses
(DBN)

Obama Said to Consider Caldwell for U.S. Criminal Chief --- Former Enron Prosecutor Expected to Be Named to Justice Dept. Post
(DBN)

Results of Q2 2013 Bankruptcy League Tables
(DBN)

Law school opposing bar-passage rate disclosure gets free speech ‘smackdown’
(DBN)

Cooley Law Plans To RAISE Tuition, Will Consider LOWERING Standards
(DBN)

$4.4M slashed from budget, 12 laid off at Thomas Jefferson School of Law
(DBN)

Law School Rankings: Who Has The Most Important Professors?
(DBN)

Meet Darius Charney, the stop-and-frisk lawyer inspired by his students
(DBN)

Suspect is arrested after ‘liking’ police department’s riot photo
(DBN)

Lawyer accused of secretly taping s-- with client gives up his license
(DBN)

Lawyer Allegedly Fondles His Clients, But ‘Only The Special Ones’
(DBN)

Man Pays Fine In All Coins — 18 Workers Forced To Spend All Day Counting The Money
(DBN)

Here's How Much That Gigantic Pile Of Money On 'Breaking Bad' Is Worth
(DBN)

Judge Awards $4.1 Million To Homeless Couple Shot 15 Times By The LAPD
(DBN)

18-Year-Old Charged With Murder After Tweeting About Speeding And Then Allegedly Crashing Into A Cyclist
(DBN)

Caidence Leadbitter, 3, cited by police for antisocial behavior
(DBN)

Say What?!
(DBN)

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Judges:

Federal bankruptcy court closes shop in McAlester
(DBN)

6th Circuit Narrows The Field For Vacant Judge Position: Applebaum, Lawniczak, Randel, Randon, Teicher
(DBN)

Ethics probe ordered after lawyer’s acquittal in court corruption case
(DBN)

Federal Probe Into McCaffery Referral Fee Issue Deepens
(DBN)

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Wall Street:

US Stock -Index Futures Retreat Amid Fed Tapering Bets
(DBN)

Markets Are Tumbling Around The World
(DBN)

Stocks Drop for a Fourth Straight Day
(DBN)

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Layoffs:

US unemployment rate down slightly in July 2013 vs. 2012 --- Unemployment rates rise in most US states in July
(DBN)

The Number Of Jobs Is Increasing Faster Than The Number Of Workers
(DBN)

Line For Carpenter's Union Jobs Spans Two Manhattan Blocks
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Photography:

Kodak's Possible Emergence from Bankruptcy
(DBN)

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Aviation:

The Man Who Blocked the AMR -US Airways Merger
(DBN)

American, city of Fort Worth reach agreement to terminate lease
(DBN)

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Politics:

Democrats' CFO candidate out after bankruptcies emerge
(DBN)

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Awards:

New York Law Journal Selects 16 Lifetime Achievers
(DBN)

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Autos:

Revstone Asks Judge to Throw Out Committee's Chapter 11 Plan
(DBN)

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Rail:

Irving subsidiary might buy insolvent Montreal, Maine and Atlantic railway operations
(DBN)

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Economy:

Payrolls Rose in 32 US States in July, Led by California
(DBN)

Bond bubble finally bursting? Rates creep up
(DBN)

Last Bernanke Years Shows No Sign of Buyer's Remorse
(DBN)

Fed : Banks Still Need to Bolster Capital Controls
(DBN)

U.S. CFOs More Upbeat
(DBN)

Debt, Delinquencies Generally Decrease But Student Loans Problematic, Report Says
(DBN)

America's Productivity Problem
(DBN)

US bond yields hit 2-year high; emerging currencies slide
(DBN)

U.S. Manufacturers Gain Ground
(DBN)

Here's How Many Minutes Of Working Minimum Wage It Takes To Buy A Big Mac All Around The World
(DBN)

Credit Suisse: The End Of Zero Interest Rates May Create A 'Huge Financial Disruption Akin To The End Of A War'
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Third Circuit Permits Reopening of Reorganization Case to Enforce Debtor’s Purchase Option in Real Estate Lease
(DBN)

How to Go Bankrupt, the Millionaire’s Way!
(DBN)

Federal changes could stall housing market
(DBN)

FHA Cuts Waiting Time for Bankrupt , Foreclosed Borrowers
(DBN)

Widow who lost $280K home over $6 tax penalty wins court hearing
(DBN)

A NYC High Rise Is Putting In Separate Entrances For Rich And Poor Renters --- In Defense Of The 'Poor Door': Why It's Fine For A Luxury Condo Developer To Keep Its Low-Income Units Separate
(DBN)

SF: Creditors score legal win in Transbay land deal case
(DBN)

___________

Student Debt:

Matt Taibbi Joins The Student Loan Crisis Bandwagon: Good Seats Still Available
(DBN)

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Municipalities:

Lawyer hired to watch Detroit legal team expenses
(DBN)

Detroit Must Fight in Court to Prove It is Eligible for Bankruptcy --- Detroit residents submit objections to city's bankruptcy filing --- Detroit Bankruptcy Should Be Dismissed, Union Tells Court --- Pension Funds Dispute Math in Detroit Bankruptcy --- Detroit Retirees Choose Their Weapon In Battle Against Bankruptcy --- DIA will not object to Detroit bankruptcy filing --- Attorney general says pensions protected; DIA says art safe as retirees challenge Detroit bankruptcy --- Dozens of creditors, others file objections --- Bankruptcy beefs don't offer alternatives --- The last front in the battle to prevent Detroit's bankruptcy --- Creditors File Objections to Detroit Bankruptcy --- Constitutional, good faith arguments unlikely to halt Detroit bankruptcy --- Detroit bankruptcy plan assailed
(DBN)

Detroit bankruptcy challenged on constitutional grounds
(DBN)

Is Detroit's Bankruptcy Filing Credible Or A Charade?
(DBN)

Lawyer hired to ensure Detroit legal team expenses are reasonable --- Judge appoints $600-an-hour attorney to keep tabs
(DBN)

It Takes A Village: Detroit, Chapter 9, and Litigotiation
(DBN)

Detroit Officials, Pension Funds to Meet --- How underfunded are Detroit's pensions? City, pension reps meet to haggle
(DBN)

Detroit's Breakdown Will Hit You
(DBN)

Detroit's salvage solution
(DBN)

Some Detroiters To Turn Celebration Of MLK March Into EM Protest
(DBN)

Detroit Schools to Test Muni Market With $92 Million Note Offer
(DBN)

The Shadow of Detroit: Pension Gaps Threaten Cities and States
(DBN)

Does San Jose Know the Way to Detroit ? Let's Hope Not
(DBN)

Stockton: Process starts to find city manager
(DBN)

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Hollywood:

Post-Production Giant CineMedia Files for Bankruptcy
(DBN)

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Banking:

Fed Wants U.S. Banks to Pay $440M for Bank Regulation
(DBN)

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Celebs:

Halsey Minor Mansion: CNET Founder Selling Los Angeles Mansion After Bankruptcy Filing
(DBN)

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Health Care:

American Homecare expects to remain open
(DBN)

Trustee seeks permission to sell Saint Catherine building, land
(DBN)

Home Medical Provider, Landauer Heathcare Holdings, Inc., And Affiliates, Seek Protection in Chapter 11
(DBN)

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Fraud:

SEC, Falcone reach new settlement deal after first rejection
(DBN)

____________

Coal:

Patriot Coal Deal Reached, But Fight Still on Against Peabody Energy
(DBN)

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New Bankruptcy Opinions
(3 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (28 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (11 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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Sales:

Court-Approved Asset Sales: Does the Long Arm of the Court Have Any Grip on the Purchaser Post-Closing?
(DBN)

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Compensation:

Excel Paid $3.4M to Chairman Who Steered Company Into Bankruptcy
(DBN)

____________

Furniture:

Furniture Brands stock hovers below $1 amid bankruptcy speculation
(DBN)

Struggling Furniture Brands Taps Restructuring Advisers
(DBN)

____________

Art:

Artist Mocks Detroit Museum's Possible Asset Sale
(DBN)

____________

Metals:

Ormet seeks liquidity to keep two aluminum potlines open
(DBN)

____________

Electricity:

TXU May File for Bankruptcy , Richards Says --- Marathon’s Richards Sees TXU Debt Restructuring Before November
(DBN)

____________

Distressed Investing:

How To Invest Like Eddie Lampert
(DBN)

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Commodities:

Aluminum Warehouse Hoarding Claims Flawed - Citi
(DBN)

____________

Sports:

Miami Jai-Alai files discloses Chapter 11 filing
(DBN)

____________

Corporate Reform:

Obama feels 'urgency' about finishing Dodd-Frank rules
(DBN)

____________

Logistics:

Bahrain investor sells US logistics operator to domestic rival
(DBN)

____________

Education:

More students than ever rely on federal college aid
(DBN)

For-profit school strikes $10M settlement deal over charges it inflated job-placement rates
(DBN)

____________

Tax:

Caymans Accord Makes It Tougher for Wealthy to Hide Money
(DBN)

____________

UK:

Investors likely to receive scraps or nothing in RSM Tenon deal
(DBN)

Insolvency expert urges retailers to remain cautious
(DBN)

Sports insolvencies fall post-Olympics – R3
(DBN)

____________

China:

Banks Bypass China's Loan Limits
(DBN)

____________

MENA:

US Military Aid to Egypt : An IV Drip, With Side Effects --- Ex- Egypt leader Mubarak ordered released over corruption case
(DBN)

Cairo's Day of Rage
(DBN)

____________

Australia:

High-profile Australian actor Vince Colosimo facing bankruptcy --- Why Vince Colosimo is facing bankruptcy
(DBN)

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Copyright 2013