August 6, 2013

The Daily Bankruptcy News

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Law:

More July jobs reported for the legal sector after two months of losses
(DBN)

Reengineering the Law Firm
(DBN)

Why The Legal Profession Isn't Recovering With The Rest Of The Economy
(DBN)

Are Baby Boomers to blame for the lousy lawyer job market? --- Sorry, But You Don’t Have A Job Because The Market Is Glutted With Baby Boomers
(DBN)

Simpson Thacher, Ropes & Gray: Business of Law
(DBN)

Sincere, Empathetic Marketing Best Attracts Clients
(DBN)

We interrupt your regularly scheduled law practice for this massive disruption
(DBN)

Riddle Me These: Questions From An In-House Lawyer
(DBN)

What they don’t teach you about trial work in law school
(DBN)

Miami Bankruptcy Attorney Thomas Lehman Faces Malpractice Claim
(DBN)

Judge Slashes Fees of Flat-Fee Bankruptcy Lawyer Who Failed to Keep Time Records
(DBN)

After Sanctions, Law Firm In P--- Suits Dissolves
(DBN)

A Word To Government Lawyers Taking The Plunge
(DBN)

Law student devises 'terrifyingly easy' way to spy on people
(DBN)

Lawyers’ Social Media Use Grows Modestly, ABA Annual Tech Survey Shows
(DBN)

BARBRI Layoffs Speak To The Changing Expectations Of Law Students
(DBN)

Lawyer, 65, opens own solo firm, says ‘I should have done it 25 years ago, but couldn’t’
(DBN)

Lawyer says going to lunch saved his life in office shooting spree
(DBN)

Members of Congress Denied NSA Information --- U.S. directs agents to cover up program used to investigate Americans
(DBN)

Ex-client sues law firm, says it withheld key info in real estate development project
(DBN)

How to Avoid Jury Duty, #10: F-Bomb After Being Selected
(DBN)

Anti-Feminist Lawyer, Formerly Of Cravath, Loses Ridiculous Bottle Service Discrimination Suit
(DBN)

New 'Breaking Bad' Trailer Foreshadows An Epic Showdown
(DBN)

This Guy Stole A Woman's iPhone But Didn't Disable Dropbox — So . . .
(DBN)

Judge Blasts Firm for 'Usurious' Retainer Agreement
(DBN)

The worst attempt at a fraudulent personal injury claim ever?
(DBN)

This 7-Year-Old Is Banned From Talking About Fracking—Ever
(DBN)

Lawyer creates two YouTube homages to himself
(DBN)

Utah beauty queen charged with bomb making
(DBN)

Boa Constrictor That Escaped From Reptile Zoo Kills 2 Children
(DBN)

'Atrocious attempt at shoplifting'
(DBN)

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Judges:

Archdiocese creditors seek order to review whether judge has conflict
(DBN)

Report: Judge bans law firm he blames for not getting court appointment
(DBN)

Judge Allegedly Pounds Gavel, Stripper
(DBN)

Can Congress impose ethics rules on the US Supreme Court?
(DBN)

Ex-judge convicted of lying to FBI should be suspended, disciplinary panel says
(DBN)

Burglar addresses judge as 'Your Majesty' as he pledges to quit crime
(DBN)

Judges attend lavish conferences on taxpayer dime amid budget cuts
(DBN)

A Night In The Clink For A T-Shirt?
(DBN)

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Wall Street:

Stock futures flat
(DBN)

Stocks mixed at close after Friday's jobs report
(DBN)

29 Stocks That Traders Are Shorting Like Crazy
(DBN)

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Layoffs:

The Trend Toward Part-Time Employment: A Closer Look
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Aviation:

US Airways-AMR Wins EU Nod to Create World's Largest Airline
(DBN)

Fire Department Footage Shows How Girl Died In Aftermath Of Asiana Crash Landing
(DBN)

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Hotels:

Airbnb Guests Trashed $2.5 Million Condo, Setting Off A Saga That Cost Owner $25,000
(DBN)

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Food/Beverage:

Beef plant has a long road
(DBN)

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Shipping:

Excel Maritime Creditors Ask Court to Terminate Exclusivity Period
(DBN)

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Fraud:

July 2013 Ponzi Scheme Roundup
(DBN)

US Spies on the Hunt for Insider Traders
(DBN)

Fabulous Fab' verdict is vindication for SEC lawyer
(DBN)

Wall Street After Fabulous Fab: Business As Usual
(DBN)

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Politics:

Indicted Assemblyman Schroeder to face two hearings over bankruptcy, sanctions
(DBN)

St. Joseph County commissioner files bankruptcy
(DBN)

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Portraits:

Lifetouch may purchase CPI’s assets for $3.3 million, judge rules
(DBN)

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Hockey:

The Phoenix Coyotes’ ownership saga is over
(DBN)

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Commodities:

LME, Goldman sued over aluminum storage
(DBN)

How 2008 Turned Banks into Commodity Kings
(DBN)

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Alternative Energy:

Creditors antsy over idle Pocatello plant's future
(DBN)

SolarWorld secures bondholder backing for overhaul
(DBN)

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Economy:

Americans With Best Credit in Decades Drive US Economy
(DBN)

Services Expansion Points to a Pickup in US Growth --- Fastest pace in five months
(DBN)

Fed's Fisher Says More Contenders Considered for Fed Chief --- Former Obama aide: Working for Summers was 'stimulating, enjoyable' --- Female Pols Push Janet Yellen For Federal Reserve Chair --- Stiglitz: Janet Yellen's Steady Hand Is Precisely What America Needs At The Federal Reserve --- Most at Gathering of Economists, Analysts Back Yellen for Fed Chair --- Choice of next Fed chair opens old Democrat wounds
(DBN)

Fed's Fisher says stimulus tapering should begin this fall --- Fed’s Fisher: Central Bank Needs to Untangle ‘Monetary Gordian Knot’ --- Four Charts to Track Timing for QE3 Tapering
(DBN)

Morgan Stanley: The Fed's Decision To Taper In September Is Now Dependent On A Single Data Release
(DBN)

What Happens if Unemployment Gets to 7% Before Fed Is Ready?
(DBN)

Budget Bedlam This Fall
(DBN)

Millennials are hopeless, and it’s all our fault
(DBN)

The Hidden Price of Poverty
(DBN)

Demand for Business Loans Increasing, Credit Eases --- Fed Survey: Banks eased lending standards, "experienced stronger demand in most loan categories"
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Home ownership, the 'American dream'
(DBN)

HSBC revenues sag, says may face $1.6 billion US mortgage lawsuit hit
(DBN)

Mortgage closing costs are on the way up
(DBN)

Late-payment rate on mortgages fell in 2Q
(DBN)

Obama Said to Call for Limited U.S. Mortgages Role
(DBN)

Obama to insist market provides 30-year mortgages
(DBN)

Former Bear Stearns Mortgage Executives Have Plum Jobs on Wall Street
(DBN)

RealAuction.com files for Chapter 11
(DBN)

Patrick Turner's $225 million Westport lawsuit dismissed
(DBN)

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Retailing:

Struggling JC Penney hires marketing chief
(DBN)

Brutal Conditions In Amazon's Warehouses Threaten To Ruin The Company's Image
(DBN)

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Tax:

You Can't Drive 55: NY Suspends Driver's Licenses For Tax Delinquents
(DBN)

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Municipalities:

Reaction strong to Orr's 'dumb, happy and rich' comment --- Kevyn Orr's Office Attempts To Explain The Emergency Manager's 'Dumb, Lazy' Comment --- Emergency boss backs away from critique of Detroit --- Pensioners Are Demanding An Apology --- Let Kevyn Orr eat crab cake
(DBN)

Schuette defends divided role in Detroit bankruptcy case
(DBN)

Detroit launches 2-month review of city assets
(DBN)

Confirmed: Detroit Hires Christie's To Appraise DIA
(DBN)

A Plan to Avert the Pension Crisis --- Detroit Ch. 9 may set pension precedent
(DBN)

Bankruptcy not a path to municipal reform
(DBN)

Detroit bankruptcy points up the folly of following the path of good intentions for 60 years
(DBN)

Detroit: What kind of product do we want to offer?
(DBN)

Orr health plan
(DBN)

Detroit's Bankruptcy Doesn't 'Just Happen'
(DBN)

Stabenow/Levin: Detroit comeback already has begun
(DBN)

Detroit takes the long road back by starting small
(DBN)

Detroit's Devotion to the Automobile Paved Way for Its Undoing
(DBN)

Detroit mayoral candidates head to primary with unclear responsibilities under city bankruptcy ---- Council President: Detroit Downfall Not A Reflection Of Its People
(DBN)

Tuna fish, not cat food: Detroit retirees rally against pension threats
(DBN)

Some Detroit advocates question why feds won't bailout bankrupt city
(DBN)

Detroit's bankruptcy is a bracing dose of reality
(DBN)

The Detroit Bail-In Template: Fleecing Pensioners to Save the Banks
(DBN)

George Will on Bankrupt Detroit: 'Self-Government Has Failed'
(DBN)

Will Detroit drive away bond buyers?
(DBN)

No Detroit Fallout Across US as GO's Stage Rally
(DBN)

Michigan Hometown to Kellogg Plans $16 Million Muni Bond Sale
(DBN)

Muni sales volumes head higher
(DBN)

Citigroup: Yield Jump to Crimp Muni Debt Issuance
(DBN)

Detroit and The Risk of Chasing Yield
(DBN)

Ind. senator to push for municipal bankruptcy law
(DBN)

Indiana bill may provide a glimpse at the playbook for muni bankruptcy
(DBN)

Does Charleston's pension obligations mean bankruptcy is in the future?
(DBN)

Jefferson County Investors Seek Plan Vote as Exit Nears
(DBN)

Jefferson County response to Birmingham, Bessemer in bankruptcy filing: Why is sewer financing any of your business?
(DBN)

Stockton's woes came from mistakes, not corruption, state says --- Stockton rips state Controller
(DBN)

San Bernardino: City OKs contract with union representing mid-management
(DBN)

Battle Creek, Mich., Delays Bond Sale - Cites Detroit's bankruptcy filing
(DBN)

Will This Teetering Northeastern City Be the Next Detroit?
(DBN)

A Tale of Two Cities: Detroit and San Jose
(DBN)

Public Pensions Up 12% Get Most in 2 Years as Stocks Soar
(DBN)

America's Urban Distress: Which States And Regions Set Up Their Cities To Fail?
(DBN)

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Photography:

Kodak shareholders in court to prevent cancellation of stock
(DBN)

____________

Newspapers:

A family dynasty gives up The Washington Post --- Newspapers Are Billionaires' Latest Trophies --- Bezos and the bonfire of the old media
(DBN)

Am Law Firms Headline Globe, Post Sales
(DBN)

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Golf:

Golf course’s pace of play frustrates bank
(DBN)

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Agriculture:

Debt-ridden farmers seek permission to sell organs
(DBN)

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New Bankruptcy Opinions
(7 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (132 new filings today - includes missed filings from yesterday)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (44 new filings today - includes missed filings from yesterday)
(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:

Fitch: US Personal Bankruptcies Set to Drop for Third Straight Year --- Dip in US bankruptcy rate aids investors
(DBN)

2013 Bankruptcies On Pace for Post-Crisis Low
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

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Cash Collateral:

Assigned Rents Cannot Be Used to Administer Debtor’s Bankruptcy
(DBN)

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Discharge:

Not Credible Debtor Forgot About $70K In Safe Deposit Box
(DBN)

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Abstention:

On Abstention, Multi-Part Tests and Being Mistaken for David Bowie
(DBN)

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Personal Bankruptcy:

Bankruptcy petition preparers running afoul of law
(DBN)

____________

Recent Pleadings:

UST Says Proposed Highway Tech Settlement Turns Priorities Upside Down
(DBN)

______________

Privilege:

Email Correspondence Is Not As Privileged As You Might Assume
(DBN)

____________

Insurance:

D&O Insurance: Because Policy Clauses Conflict, D&O Insurer Must Cover Interrelated Claims
(DBN)

____________

Coal:

Trinity Coal Halts Bankruptcy Auction to Discuss Reorganization
(DBN)

____________

Health Care:

Cascading Hospital Closures Loom Over Brooklyn
(DBN)

Bankrupt psychiatric hospital to stay open
(DBN)

Montefiore to Buy Sound Shore for $58.6M
(DBN)

County Is First Responder in Ambulance Company's Bankruptcy
(DBN)

Rural/Metro fully operational despite bankruptcy
(DBN)

____________

Debt Collection:

Southern Bank not easy on delinquent borrowers
(DBN)

____________

Celebs:

Teresa Giudice Posts Smiley Beach Photo … Because What Fraud Charges?!!
(DBN)

Michael Moore tells film festival crowd Detroit bankruptcy is 'personal'
(DBN)

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Autos:

America's car fleet hits new old age record
(DBN)

____________

Art:

Detroit's Art Collection Might Be Sold
(DBN)

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Mass Torts:

BP Cites New Fraud in Spill Settlement
(DBN)

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Banking:

FDIC suing former Wakulla Bank lending officials
(DBN)

Court allows Mercantile Bancorp to proceed with bankruptcy
(DBN)

____________

Telecoms:

KIT digital Restructuring Approved; Prepares to Exit Bankruptcy
(DBN)

____________

Bankruptcy Crimes:

Former Federal Fugitive Sentenced in California for Nationwide Foreclosure Scam
(DBN)

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Toll Roads:

Owner of Foley Beach Express bridge files bankruptcy
(DBN)

____________

UK:

Insolvencies for co-ops could ease PPF entry – lawyers
(DBN)

UK: Privatization Isn't Working
(DBN)

____________

PIIGS:

Italian Recession Becomes Longest On Record
(DBN)

____________

Canada:

Privilege Will Not Shield a Trustee Where There Is a Conflict of Interest
(DBN)

____________

Japan:

IMF calls for far-reaching reforms in Japan amid ballooning debt
(DBN)

____________

Brazil:

Eike Batista Is Slowly Becoming The Poster Boy For Everything That's Wrong With Brazil
(DBN)

Corporate slowdown puts focus on insolvency law
(DBN)

____________

Australia:

Record number of Australians file for debt agreements
(DBN)

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