August 27, 2013

The Daily Bankruptcy News

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Law:

The $1,000-an-Hour Bankruptcy Lawyer Moonlights as Energy Healer
(DBN)

Rainmaker Q&A: Bilzin Sumberg's Scott Baena
(DBN)

Yikes! Are D.C. Law Firms In Trouble?
(DBN)

Growth in Global Disputes Brings Big Paychecks for Law Firms
(DBN)

Musical Chairs: David Bernick Departs From Boies Schiller
(DBN)

Michael F. Holbein
(DBN)

Can GCs Persuade Firms to Have More Women Partners?
(DBN)

The old boys' network is alive and well
(DBN)

Lawyerly Lairs: Everything Is Bigger In Texas (Part 2)
(DBN)

The Power of Mindfulness in the Practice of Law
(DBN)

2013 ILTA survey reveals that law firms buy a lot of iPads and iPhones
(DBN)

Bring in the FBI: Your Paranoia Is Justified
(DBN)

R.I.P. The End Of The Law Futurist
(DBN)

Dear Obama, Instead Of Talking About Law Schools, You Could Actually Do Something
(DBN)

Debating The Utility Of The Third Year Of Law School
(DBN)

OCI Week: 5 Mistakes Made in Legal Resumes
(DBN)

Attorney Told She Was ‘Not That Pretty’ Can Advance Sex Bias Claims Against City
(DBN)

The 16 Things You Should Do At The End Of Every Work Day
(DBN)

Either Wachtell Is A Cult Or This Business Insider Piece Is Missing Something
(DBN)

Fortune-teller accused of bilking $17M from best-selling romance novelist
(DBN)

Attorney Disbarred For Hiding Assets For The Missus
(DBN)

Want to reduce stress and boost your confidence? Strike a power pose
(DBN)

New York Yankees' Steroid Story Takes Nasty, Surprising Turn
(DBN)

Don't Call the Law in Louisiana
(DBN)

County Pays $2.6 Million To Family After Swat Team Raids Home, Starts Fire That Kills Innocent Man, and Blocks Fire Trucks Rushing To The Scene
(DBN)

South Carolina Restaurant Refuses To Serve Black Patrons — Denny’s Redux
(DBN)

Lawyer is not thrilled by George Zimmerman visit to gun manufacturer
(DBN)

Lawyer who pleaded guilty to helping clients hide assets posts bond with $500K work of art
(DBN)

You'd think they would have seen that coming
(DBN)

City bans homeless people from its downtown
(DBN)

The 5 Most Intense Moments From This Week's Episode Of 'Breaking Bad'
(DBN)

Say What?!
(DBN)

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Judges:

West Michigan bankruptcy court will get two new judges next year
(DBN)

Judge Preska: Budget Cuts Hurting SDNY, Including BK Courts --- There's No Sequestering the Sixth Amendment
(DBN)

Verbal tussle with judge nets escalating days in jail for assault defendant
(DBN)

Judge faces 45 ethics charges, is accused of delaying trials and defendants’ release
(DBN)

Justice for Sale: TX judge took bags of cash to influence court outcomes
(DBN)

Justice Ginsburg shows us (again) that law is not politics
(DBN)

Scalia and Ginsburg are really disappointed in the Supreme Court. But only one of them is right to be.
(DBN)

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Wall Street:

Stock futures fall, weighed by Syria, debt worries
(DBN)

Stocks fall on talk of strike on Syria
(DBN)

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Layoffs:

"For Laid-Off Older Workers, Age Bias Is Pervasive"
(DBN)

Long-Term Unemployed Baby Boomers in 2013
(DBN)

Workers Of America Are Getting Screwed
(DBN)

Some Good Jobs News Out Of Texas
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Aviation:

American Airlines' parent company reports earnings of $292 million --- Profit doubles
(DBN)

Union Tensions Emerge over AMR-US Air Merger
(DBN)

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Celebs:

IRS To Michael Jackson's Estate: Who's Bad?
(DBN)

The Broke and the Beautiful: McDreamy Lawsuit Edition
(DBN)

Judge In Paula Deen Case Mulls Sanction Of Plaintiff's Lawyer
(DBN)

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Shipping:

Overseas Shipholding May Owe $460 Million or More to IRS
(DBN)

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Telecoms:

Nortel's $7.5bn court clash delayed
(DBN)

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Fraud:

Madoff trustee reaches $98 million settlement with Maxam fund
(DBN)

Petters Fundraiser Seeks Reduced Sentence
(DBN)

The Saddest Line In The New York Attorney General's Lawsuit Against Donald Trump's Alleged 'Sham' 'University' --- Donald Trump Blames Obama
(DBN)

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Photography:

Learning to share: Kodak’s U.S. vs. international bankruptcy and the shareholder dilemma
(DBN)

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Economy:

Durable-Goods Drop Imperils Outlook for U.S. GDP Pickup --- July orders for factory goods plunge
(DBN)

Tuesday: Case-Shiller House Prices, Consumer Confidence, Richmond Fed Mfg Survey
(DBN)

Obama Officials Said Divided on Fiscal Debate Strategy
(DBN)

Report: Larry Summers likely to the Fed nod --- If Larry Summers Becomes Fed Chair, He Better Be Worth It --- Will Obama Make the Fed Even Worse?
(DBN)

The 5% recovery: Why most are still in recession --- Why It Still Feels Like Recession To 95% Of America
(DBN)

America Resilient Five Years After Great Recession
(DBN)

US Treasury to reach debt ceiling in mid-October
(DBN)

Cashin: Bernanke's worrying parallel to the 1930s
(DBN)

Krugman: News Flash: The CBO Isn’t Stupid
(DBN)

Wall Street's 5 Most Dangerous Financial Innovations
(DBN)

Why Do Education and Health Care Cost So Much?
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

ResCap Examiner Asks to be Discharged
(DBN)

Eminent Domain Scheme Has a Tax Problem
(DBN)

Richmond's "plan relies not on a novel use of eminent domain but on one endorsed by the conservative Supreme Court of 1935"
(DBN)

MERS Wins Dismissal of Minnesota Counties’ Filings Suit
(DBN)

Existing Home Inventory is up 21.4% year-to-date on Aug 26th
(DBN)

Mortgage Wars Part 2--Attack of the Robo-Signers
(DBN)

JPMorgan told to pay Blavatnik $42.5 mln over mortgage losses
(DBN)

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Municipalities:

Detroit Mediator Orders Syncora Into Swaps Accord Talks
(DBN)

Detroit Bankruptcy Judge to Consider Eligibility Objections, Swaps Dispute
(DBN)

Lessons you can learn from Detroit bankruptcy
(DBN)

Detroit bankruptcy objections based on pensions must wait
(DBN)

Detroit Bankruptcy Judge Speeds Up Part of Eligibility Fight
(DBN)

Detroit Pensions: Determining the True Liability
(DBN)

Why did Detroit declare bankruptcy ?
(DBN)

National Commentary Wrong About Detroit's Failure
(DBN)

Detroit’s Toxic Legacy –Bankrupt City Faces Environmental Challenges
(DBN)

How Detroit's Bankruptcy Impacts the Muni Market
(DBN)

Erase Blight. Erase Debt. In Bankrupt Detroit, It's All The Same
(DBN)

“Vulture” Hedge Funds Getting Ready to Swoop On Detroit
(DBN)

Which American City Will Be the Next Detroit?
(DBN)

Bankrupt Jefferson County Says Creditors Need to Revise Plan
(DBN)

Here's what Jeffco officials told the three major bond rating agencies in New York on Monday
(DBN)

Pa. court gets new plan to fix Harrisburg finances --- Harrisburg Receiver Releases Rescue Plan for Insolvent City --- Harrisburg to sell burner, lease parking; no bankruptcy --- For Harrisburg residents, the plusses and minuses of the debt relief deal
(DBN)

Specter of bankruptcy: Vallejo faced with buying out 2001 water system bond
(DBN)

EDC votes to let 38 Studios trustee explore claims
(DBN)

New Orleans Rolling in Cash Sees Rebirth: Real Estate
(DBN)

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Coal:

Bankrupt Patriot posts wider losses in July
(DBN)

Patriot Coal Corporation Equity Ownership In Patriot Coal Shares Threatened By Bankruptcy Proceedings
(DBN)

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Health Care:

Shutdown of Brooklyn hospital postponed --- Put off to at least Sept. 11
(DBN)

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Student Debt:

Will Twerk For Loan Forgiveness! Ridiculous Responses To Obama’s Fictional Student Debt Plans --- Obama Announces Plan to Forgive All Student Loans :)
(DBN)

Parents face the student loan double whammy
(DBN)

Decades to pay off school debt—is it worth it?
(DBN)

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Corporate Reform:

The SEC's New Policy Requiring Admissions of Wrongdoing: What Are the Implications?
(DBN)

Bove: Banks reeling from 'the government vendetta'
(DBN)

Justice Dept. Again Signals Interest to Pursue Financial Crisis Cases
(DBN)

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Education:

Judge gives Morris Brown until Sept. 6 to present new reorganization plan
(DBN)

Morris Brown: No plans to sell dorm for Falcons stadium
(DBN)

Former Lon Morris College employees set to receive missed wages
(DBN)

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Ethanol:

Buffalo Lake's ethanol plant is sold in bankruptcy
(DBN)

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Pensions:

Fed study boosts pension fight of Delphi's salaried retirees
(DBN)

Pinching Pensions to Keep Wall Street Fat and Happy
(DBN)

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Tech:

Asset bidding war looms for NY electronics company
(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 (10 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:

Puerto Rico bankruptcies drop 2% in July, up 3% YTD
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

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Avoidance Actions:

I Thought I Went to Law School to Avoid Math: Calculating Recovery in a Chapter 7 Liquidation in the Context of a Preference Action
(DBN)

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Litigation:

Not Certifiable: To Appeal or Not to Appeal, That Is the Question
(DBN)

____________

TBTF:

What Did AIG's Government Watchdog Know?
(DBN)

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Compensation:

Five Years After TARP, Misgivings on Bonuses
(DBN)

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Banking:

JP Morgan told to pay billionaire Blavatnik $50m in damages
(DBN)

U.S. judge tosses BofA suit vs FDIC over $1.7 bln investor losses
(DBN)

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Retailing:

J.C. Penney Files Prospectus for Sale of Ackman’s Stake
(DBN)

Ackman's Pershing Sells Stake in J. C. Penney for $504 Million --- Ackman’s J.C. Penney Sale Ends Failed Saga to Agitate for Change
(DBN)

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Cash Management:

Appeals court brightens odds for customers of bankrupt Sentinel --- Court reverses ruling on Sentinel loan in blow to BNY Mellon
(DBN)

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Agriculture:

Del Monte bids nearly $35 million for Madonia farmland at auction
(DBN)

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Mass Torts:

Jury awards longtime smoker $12.5M in case against Philip Morris
(DBN)

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Finance:

Ebay-Style Peer Loans Spur Wall Street Asset Craze
(DBN)

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Tax:

Geneva Mansions Sell at Discount as Tax Scares Expats
(DBN)

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Sovereigns:

Now things are getting a bit crazy - Argentina style.
(DBN)

Elliott vs Argentina : Enter the crazy
(DBN)

Argentina Appeal Loss Brings End of Defaulted Bond Fight Closer
(DBN)

Argentina rejects court order to pay 'vulture fund' --- Melconian: Vulture funds are 'goodwill people,' Argentina is 'untrustworthy'
(DBN)

Argentina gains time despite "harsh" ruling
(DBN)

The Argentinian Debt Crisis in Historical Perspective
(DBN)

Argentina to Reopen Debt Swap After Adverse U.S. Court Ruling
(DBN)

Argentine president, spurning US courts, says holders of bad debt can collect in Buenos Aires
(DBN)

US 'vultures' shake up the world of sovereign debt
(DBN)

____________

UK:

Estate agency insolvencies 'up 57%' in last year
(DBN)

English Police Hunt Person Who Killed And Barbecued One of Queen’s Swans
(DBN)

Kodak bankruptcy might mark beginning of UK pension battle
(DBN)

____________

EU:

Europe’s Single Bank Rule Book Falls Apart as North Races Ahead
(DBN)

____________

PIIGS:

Greeks turn to non-EU countries to exit crisis --- Debt of Sisyphus: Greek economy’s coma is a misguided political experiment
(DBN)

ie: Judge says former Wexford hurler must ‘face up to the realities’ of bankruptcy --- Bankrupt GAA star will face jail if he 'fails to co-operate'
(DBN)

Start-Ups Fill Void Left by Spain’s 26% Unemployment Rate
(DBN)

Portugal raises $1.34 billion amid recovery hopes
(DBN)

____________

Germany:

Sunselex Germany files for insolvency - International subsidiaries are not affected
(DBN)

German Business Confidence Rises to Highest in 16 Months
(DBN)

____________

MENA:

Israeli to buy bankrupt Better Place electric-car company
(DBN)

Obama Holds Syria Accountable in Attack, Kerry Says
(DBN)

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