August 30, 2013

The Daily Bankruptcy News

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Due to the Labor Day holiday, the Daily Bankruptcy News will not publish on Monday, September 2, 2013

Law:

The Am Law Midlevel Survey Is Out, And People Are Thrilled To Work In Biglaw (Except The Women)
(DBN)

Junior Lawyers Claim to Be Loving Life at Big Firms. Really?
(DBN)

Associate Survey: Firms Slammed on 401(k) Funding
(DBN)

Why It's So Incredibly Depressing To Be A Lawyer
(DBN)

Firms Unite to Fight Howrey Unfinished Business Suits
(DBN)

Baby ban lawyer settles with firm
(DBN)

After all these years, many law firms are only giving lip service to alternative fees
(DBN)

Major US firms classify their lawyers by skin color
(DBN)

The Chart That Should Make Everybody Doing On-Campus Interviewing Absolutely Terrified
(DBN)

5 Things To Find Out About Your New Firm Before Making A Lateral Move
(DBN)

Driving Through Flyover Country: Conservative Pluralism And Finding The Good Life
(DBN)

Lawyers Are Basically Really Successful Muggers
(DBN)

You’ve Been Having Bad Dreams If Being A Lawyer Is Your ‘Dream Job’
(DBN)

Law Prof: Law Schools Still ‘Inaccurate’ On Employment Numbers
(DBN)

The Secret Law Dean Rules For Participating On The Deans’ Listserv
(DBN)

Three-year law school deserves second look amid upheaval
(DBN)

Making law school cheaper
(DBN)

Survey says: litigation to drive law firm growth
(DBN)

Top Secret US Intelligence 'Black Budget' Published For First Time After Being Leaked By Snowden --- Inside the Gov't's Black Budget for Spying --- Snowden impersonated NSA officials, sources say --- US Sees Israel as Spying Threat --- Leaked 'Black Budget' Show How The CIA Progressed From Spy Agency To Paramilitary Force
(DBN)

Zimmerman's Wife May Want Divorce
(DBN)

Ex-Pillsbury Lawyer's Ethical Lapses Spur Second Sanction
(DBN)

Defendant attorney in shooting case wants prosecutor booted because he lives in same neighborhood
(DBN)

Law firm’s exclusive ads on Philly buses violated antitrust law, competitor’s suit alleges
(DBN)

Hampton University Lectures Students On Twerking
(DBN)

Video of Allen & Overy partner reading p--- out loud
(DBN)

Former Kentucky Bar President Reprimanded
(DBN)

Firm’s website is so awful that it’s ironically extremely cool
(DBN)

Attorneys are federally indicted in claimed multimillion-dollar law practice frauds
(DBN)

Say What?!
(DBN)

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Judges:

Justice Ginsburg on the offensive
(DBN)

Want To See Judge Joe Brown Drunk? Well, Here You Go….
(DBN)

Courthouse crime blotter: A lawyer’s wallet is stolen at trial, another reports Rolex restroom theft
(DBN)

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Wall Street:

US Stock -Index Futures Are Little Changed Before Data
(DBN)

U.S. Stocks Rise as Economy Expands, Syria Concerns Ease
(DBN)

The Unauthorized Rules Of How To Dress At Goldman Sachs
(DBN)

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Layoffs:

Initial jobless claims drop to 331,000, near five-year low --- States with biggest changes in applications for unemployment aid, and key reasons, at a glance
(DBN)

There Are Many Fewer Jobs In Aviation Than There Used To Be
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Food/Beverage:

Cattle ranchers hope bankruptcy case buyer will reopen troubled South Dakota beef plant
(DBN)

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Aviation:

Both sides in antitrust lawsuit tell judge they are open to a settlement, but haven’t gotten anything from the other side --- American, US Airways offered to cede slots in Washington before DOJ filed lawsuit
(DBN)

Airline anti-trust case needs fair amount of time --- AMR, US Airways Clash With US on Rush to Trial in Merger Case
(DBN)

Transport Workers Union delivers thousands of signatures to stop lawsuit
(DBN)

AMR Regional-Jet Order Delayed as Merger Suit Imperils Financing
(DBN)

Airline stocks rally after merger developments
(DBN)

Don't Count on Lower Airfares if the American-US Airways Merger Tanks
(DBN)

Airline Merger Fight Set to Become Slugfest
(DBN)

American, US Airways say merger at risk
(DBN)

Judge delays ruling on American bankruptcy again --- Will the judge decide anything, any time soon? --- Indicates he's leaning toward confirming --- Arguments for Exit-Plan Approval 'Persuasive'
(DBN)

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Banking:

US banks earn record $42.2B in 2nd quarter
(DBN)

America’s New Pastime: JPMorgan Investigations
(DBN)

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Telecoms:

Lenders Seek December Auction for LightSquared Assets --- LightSquared Shouldn't Run Bankruptcy Auction, Lenders Say
(DBN)

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Convenience Stores:

Bankruptcy Sale Offer Five Former BP Connect Stores
(DBN)

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Economy:

Q2 GDP Got Revised Way Up
(DBN)

Growth Exceeds Estimates as U.S. Weathers Budget Cuts
(DBN)

Jobless Claims in U.S. Fell More Than Forecast Last Week
(DBN)

Fed's Lacker Says Central Banks' Future Hinges on Role as Lender
(DBN)

Here's the Really Big Fed Deal
(DBN)

Summers as Fed Chief a Black Swan --- Summers Schooled by Rates at Harvard Wants Job Setting Them --- Summers as Smart as He Thinks He Is: Hunt
(DBN)

Yellen Backed by U.S. Labor Boss to Head Federal Reserve
(DBN)

US claims, growth beat estimates; stir new taper speculation
(DBN)

What Has Changed Since Lehman Failed? --- Lehman's morbid legacy
(DBN)

Is USA's love affair with the automobile over?
(DBN)

America's 10 Fastest-Growing Companies
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Paulson: Freddie, Fannie Still Big Threat
(DBN)

Wall Street’s Rental Bet Brings Quandary Housing Poor
(DBN)

Gundlach: The Housing Market Is The Achilles Heel Of The Economy, And It Looks Vulnerable
(DBN)

Village at Knapp's Crossing bankrupt
(DBN)

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Pharma:

Judge approves K-V's bankruptcy reorganization plan
(DBN)

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Electricity:

Power plant operator Longview Power files for bankruptcy
(DBN)

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Municipalities:

Why Municipal Bankruptcy is Rare (and Should Be)
(DBN)

Detroit seeking $350 mln financing to terminate swaps deal
(DBN)

Conyers to hold forum on Detroit bankruptcy filing
(DBN)

Detroit emergency manager: We dug this hole, we'll dig out
(DBN)

Detroit officials and creditors meet behind closed doors --- Creditors to question Orr on debt settlement deal
(DBN)

Retired city workers hire 2 law firms for Detroit bankruptcy case
(DBN)

Detroit: A tale of two cities unfolds
(DBN)

Far from bankrupt: Michigan art museums thrive despite economic woes
(DBN)

Biggest Michigan Market Test Coming Sept. 10 From Oakland County
(DBN)

Judge Gives San Bernardino Bankruptcy Protection, then Takes Aim at Pension Fund
(DBN)

California's Brown Signs Law to Strengthen Local Fiscal Controls
(DBN)

Harrisburg Lawyer Kaufman: Recovery Plan Intricate, Solid
(DBN)

Picking Over the Bankrupt Carcass
(DBN)

Democrats See Weapon in Tax Breaks Given by Republican Governors
(DBN)

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Student Debt:

Consumer bureau: Too few use loan forgiveness
(DBN)

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Mass Torts:

BP Loses Renewed Bid to Halt Spill Settlement Payments
(DBN)

BP Win on Spill Insurance Withdrawn by U.S. Appeals Court
(DBN)

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Health Care:

Majority oppose GOP plan to defund Obamacare, poll finds
(DBN)

Judge approves Rotech plan to leave bankruptcy
(DBN)

Bankruptcy plan of Latrobe doctor Monsour faulted
(DBN)

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Autos:

Fitch Upgrades GM to Positive
(DBN)

Americans Driving Less --- Highway Deaths at 60 Year Low
(DBN)

Gumpert May Finally Be Down For The Count
(DBN)

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Non-Profits:

Manhattan Dance Studio to Close Unless it Raises Money, and Fast
(DBN)

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Celebs:

Kelly Rutherford acting as her own lawyer in custody battle
(DBN)

Michael Vick set to end bankruptcy, paying back $20M
(DBN)

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Awards:

2013 TMA Turnaround and Transaction of the Year Award Winners Announced
(DBN)

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Fraud:

Victims Of China's 'Bernie Madoff' Don't Understand Why He Had To Be Executed
(DBN)

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Consumer Finance:

GE plans to exit US retail lending
(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 (57 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (155 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:

Bill on Bankruptcy : Appeals Court Changes the Law on Fraud
(DBN)

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Jurisdiction:

Seventh Circuit’s Latest On Stern May Constitute Dicta
(DBN)

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Avoidance Actions:

Transferee Wins Settlement Battle, Loses Avoidance War
(DBN)

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Tax:

Tax Sharing Agreements in Bankruptcy – A Tale of Two Jurisdictions
(DBN)

U.S.-Swiss Tax Deal Impacts U.S. Account Holders and Dozens of Swiss Financial Institutions
(DBN)

U.S. Outlines Penalties for Swiss Banks in Tax Probe
(DBN)

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Personal Bankruptcy:

9th Circuit Stiffens Its View of Chapter 13 Plans
(DBN)

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TBTF:

' Too Big to Fail ' Banks to Get Leverage Ratio Boost
(DBN)

Big Fines Won't Solve Too Big to Fail
(DBN)

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Batteries:

Atlanta company's bankruptcy a gold mine for professional firms
(DBN)

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Brokers:

Broker Use of Client Assets as Collateral Faces Limits
(DBN)

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Politics:

How California Is Turning The Rest Of The West Blue
(DBN)

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Sovereigns:

Should NML move to lift the stay?
(DBN)

Argentina's financial fate now depends on the U.S. Supreme Court
(DBN)

Vulture funds urged NY judge Griesa to call off hearing --- Judge Griesa looking into latest announcements by president Cristina Fernandez --- Judge Griesa calls off government-bonholders audience
(DBN)

Not Crying for Argentina but Fearful of a Ruling
(DBN)

US Court Ruling Boosts Vulture Funds at Developing World's Expense
(DBN)

Singer hits mysterious note
(DBN)

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UK:

BDO hands Farepak creditor payment to Insolvency Service
(DBN)

More than half of students get no parental help
(DBN)

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EU:

Economic Confidence Is On The Rise In Europe
(DBN)

Europe's Horrific Unemployment Situation Is Stabilizing
(DBN)

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PIIGS:

Blackstone in talks to buy stake in hotels once owned by Dunne --- Nama says Dunne claims $44m debt to wife Gayle Killilea
(DBN)

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Canada:

Gray Aqua to face 30-day restructuring process --- Salmon anemia hit company hard
(DBN)

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North Korea:

Kim Jong-Un's Ex-Girlfriend Reportedly Executed --- Why You Shouldn't Necessarily Trust Those Reports Of Kim Jong-un Executing His Ex-Girlfriend
(DBN)

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MENA:

Abramowitz bid for Better Place fails
(DBN)

Obama: US Attack Will Send Assad Strong Signal
(DBN)

England Votes Not to Bomb Syria --- US And France Set To Strike Syria As UK Bows Out --- US Lawmakers On Both Sides Are Skeptical About Military Action In Syria
(DBN)

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Brazil:

Batista's Brazilian empire was sunk by more than hubris --- Batista sells more of stake in oil company OGX
(DBN)

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India:

India needs efficient bankruptcy law in corporate bond market: RBI
(DBN)

The Weirdest Things About America
(DBN)

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