December 9, 2013

The Daily Bankruptcy News

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Law:

Associate Bonus Watch: Willkie Farr and Shearman & Sterling
(DBN)

Legal Services Sector Sheds 1,100 Jobs in November
(DBN)

Bankruptcy Attorney Joins Cole Schotz' New York Office
(DBN)

A Divide in Legal Education, New Report Says
(DBN)

Independent Law Schools Hurt by Enrollment Decline, S&P Says --- Stand-alone law schools most at risk --- Thomas Jefferson Falls to Junk Bond Status
(DBN)

Public Law School Tuition Cuts Are Less Than Meet the Eye
(DBN)

Did the Market for Law Firm Associates Peak 25 Years Ago?
(DBN)

Business of Law
(DBN)

When will law grads and law jobs reach equilibrium? Between 2015 and 2021, depending on who you ask
(DBN)

Hundreds of lawyers join the ranks in N.J. despite tough job market
(DBN)

The Am Law 200's Failure of Leadership
(DBN)

I never open e-holiday cards, but when I do …
(DBN)

Unemployed, Underemployed, Unhappy Lawyers/Law Students: Sunk costs
(DBN)

Succeeding In The World Of Small Firm Practice
(DBN)

The Legal Department as Economic Development Engine
(DBN)

Bankruptcy attorney running for U.S. Congress - Plans to attack entitlements, leave Obamacare alone
(DBN)

50 ways that you can make good use of Siri on your iPhone
(DBN)

2013 holiday gift ideas for tech-savvy lawyers
(DBN)

Lawyers' Favorite Gadgets Get a Holiday Upgrade
(DBN)

Retaliation Suits Put Firms Up Against the 'Ropes'
(DBN)

7 Holiday Party Conversation Starters
(DBN)

Nelson Mandela: 1918-2013 --- Q&A: Nelson Mandela's lawyer --- Family, politicians battle over "Brand Mandela" --- In Reagan Era, Mandela Was Still Listed as a Terrorist
(DBN)

New Details Revealed About Ryan Lanza's Interrogation After The Sandy Hook Massacre
(DBN)

A Biglaw Partner In Big Trouble --- Big Law Attorney And His Nephew Charged With S------- Assaulting An 18-Year-Old Man
(DBN)

Judge Agrees That Public Defenders Amounted To Little More Than 'A Warm Body With A Law Degree' --- 'Little more than a formality'
(DBN)

Police: Newlyweds 'Just Wanted To Murder Someone Together'
(DBN)

Dismissed law student practiced law, is fined $1K by state supreme court
(DBN)

Lawyer Falls For Nigerian Inheritance Scam, Gets Suspended
(DBN)

Police Officer Who Shot At Fleeing Minivan Filled With Children Has Been Fired
(DBN)

Yale Law School Beatbox
(DBN)

How California Is Surviving the "Cold Snap"
(DBN)

18-Year-Old Arrested After Stealing Wreckage of Paul Walker Crash
(DBN)

Florida Man Files Police Report over Voodoo Curse
(DBN)

America 2006-2011: 172 Mass Killings
(DBN)

US Tech Giants Slam NSA Surveillance
(DBN)

Cop Brandished Gun At Washington, DC Snowball Fight?
(DBN)

On eighth try, defendant gets a lawyer he likes—the wrestling ‘Apocalypto’
(DBN)

Local Police Departments Have Been Driving Fake Cell Towers Into Neighborhoods To Collect Phone Data
(DBN)

Another Lawyer Going On The Bachelor (scroll down to Andi)
(DBN)

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Judges:

On the Integrity and Secrecy of Judges
(DBN)

U.S. Court Says “I Don’t Understand” to Foreign Litigant’s “Language Barrier” Defense
(DBN)

Lawyer is accused of courthouse bomb threat
(DBN)

Judge Baer vs. Justice Alito
(DBN)

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Wall Street:

U.S. Stock -Index Futures Are Little Changed
(DBN)

Markets Are On The Rise
(DBN)

Stocks jump after strong jobs report
(DBN)

Heady Rally Unlikely to Repeat Next Year
(DBN)

Why ' taper terror' is frightening investors
(DBN)

'The Wolf Of Wall Street' Is Epic
(DBN)

The Best and Worst Investments of 2013
(DBN)

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Layoffs:

New Jobless Claims Fell to 298,000
(DBN)

Paul: Jobless Benefits a Disservice to Workers --- Why Rand Paul Is Wrong About Unemployment In One Chart
(DBN)

Five key numbers behind the jobs recovery
(DBN)

Sorry, No Sign of a Jobs Liftoff
(DBN)

In the hourly wage economy, flash strikes are emerging as a way to fight for better pay
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Aviation:

American Airlines, US Airways to form largest air carrier Monday
(DBN)

The new American Airlines
(DBN)

After merger, American Airlines faces long task of integration
(DBN)

American Airlines Seen Buoyed as CEO Dodges Merger Snags
(DBN)

Supreme Court justice denies stay in airline merger
(DBN)

NY judge: Bankruptcy judge 'correct in all respects' with his OK to American-US Airways merger
(DBN)

A Tricky Airline Merger, but With Labor's Blessing
(DBN)

Man falls asleep on United Express flight making connection in Houston; wakes up in dark, empty plane
(DBN)

S&P Cuts Qantas Credit to Junk
(DBN)

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Health Care:

Healthcare Industry Lost Jobs in September
(DBN)

Paul Krugman: Obamacare Has Won --- Republicans Change Obamacare Attacks as Website Functions
(DBN)

The Massively Different Pricing Of 2 Identical Drugs Shows Something Deeply Wrong With The US Healthcare System
(DBN)

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Mass Torts:

Delaware Supreme Court Defines Unexhausted Insurance Policies as Property of Dissolved Corporations
(DBN)

Settlement Fund Pays Adult Escort Service For Lost Income From Deepwater Horizon Disaster
(DBN)

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Telecoms:

U.S. court upholds trial plan over defunct Nortel's $7.5 billion cash
(DBN)

The Rise and Fall of BlackBerry: An Oral History
(DBN)

Judge clears FiberTower's creditors to vote on restructuring
(DBN)

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Gambling:

Bankrupt NJ casino has $17.7M assets, $16.8M debts
(DBN)

Future Could Hold Several Possibilities for Revel Atlantic City
(DBN)

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Security:

Livingstone exits IPC
(DBN)

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Economy:

Fed's Evans: Open to December taper , but prefers to wait --- Jobs report moves Fed closer to 'QE' taper --- Comfort with taper , retail data to define week ahead --- Fed closer to strategy for tapering --- Fed Closes In on Bond Exit --- Taper Tea Leaves
(DBN)

Improving Economy: Is It Real?
(DBN)

Did The Missing Link To The Economic Recovery Just Arrive?
(DBN)

Why 2014 Could Finally Be The Year For The US Economy
(DBN)

The Global Economy In Two Lines
(DBN)

Age of Austerity Nearing End May Boost Global Economy
(DBN)

Personal Incomes Decline
(DBN)

US: 20% Become Affluent
(DBN)

Why Americans Are So Angry
(DBN)

Why Obama Can't Save the Middle Class
(DBN)

Girl in the Shadows: Dasani's Homeless Life
(DBN)

Lawmakers Press For Budget Deal
(DBN)

Goldman: The Hot New Theory For Why The Economy Is So Bad Is Wrong
(DBN)

McKinsey: World Needs $57 Trillion to Grow
(DBN)

The Entire Debate About The US Economy In One Huge Slide
(DBN)

The Dominant Religious Group In Every US County
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

FHA to pull back on big mortgages
(DBN)

LA sues Bank of America , alleges discriminatory mortgage lending, wave of foreclosures
(DBN)

These Will Be The 10 Hottest American Housing Markets In 2014
(DBN)

The 10 Most Affordable Suburbs In America
(DBN)

Foreclosure Procedures: Dot Those i’s and Cross Those t’s… Or Else
(DBN)

Berger Singerman Wraps Up Little-Known Bankruptcy
(DBN)

Senators Urge Against Loan Fee Increase in Budget Deal
(DBN)

BofA $500 Million Countrywide Settlement Wins Court Approval
(DBN)

California man sentenced to jail in foreclosure rescue scam
(DBN)

___________

Municipalities:

5 pension cut scenarios for retired Detroit workers; Orr mum on extent of cuts --- Playing Pension Games --- Detroit's Emergency Manager Weighs Pension-Fund Takeover --- Pensions in play in Detroit bankruptcy: What's equitable? --- Detroit pensions must be protected, state constitution requires responsibility --- Bankruptcy ruling serves notice to public workers --- Nowhere to hide public pension woes --- A pension ruling that sends labor a message --- Illinois And Detroit Hand Union Workers A Lifeline: Will Unions Accept The Gift? --- Democrats' Credibility At Stake In Detroit Pensions --- Expert says municipal pension cuts would be alarming and not the right path
(DBN)

Detroit bankruptcy ruling a snap back to reality
(DBN)

Detroit bankruptcy: Battle intensifies on three fronts
(DBN)

Don't loot Detroit's art museum to pay the city's creditors --- Sell artwork to pay creditors --- What bankruptcy means for DIA --- New fund hopes to protect DIA artwork from Detroit's bankruptcy --- Meet The Detroit Millionaire Who Is Putting His Money Where His Mouth Is To Save The City's Art --- New Detroit Institute of Arts proposal sounds like a win-win --- Detroit bankruptcy sale sans mural --- Is Art the Answer for Detroit's Bankruptcy ?
(DBN)

Orr discusses key issues facing Detroit --- Detroit's Bankruptcy Chief Tries to Steer Around Challenges
(DBN)

In Shepherding Detroit Bankruptcy, Lawyer Tackles a Job He Didn’t Ask For
(DBN)

Detroit Ruling Sheds New Light on Jones Day Role
(DBN)

Detroit , bankruptcy and Anna Nicole's legacy
(DBN)

Appeals Process Begins for Determination of Detroit’s Bankruptcy Eligibility
(DBN)

China's Newest City: We Call It " Detroit "
(DBN)

Auto show organizers try to calm anxiety over Detroit's finances
(DBN)

How Detroit's Bankruptcy Impacts Investors
(DBN)

Duggan's plans include speedier Detroit house demolitions
(DBN)

Detroit bankruptcy judge approves street lighting proposal
(DBN)

Detroit's next mayor to meet with Obama
(DBN)

The saddest, most tragic fact about $18 billion in debt and liabilities: It did not have to happen
(DBN)

Don't forget about the jobs in Detroit
(DBN)

Pensions Aren’t Sacred and Art Isn’t Priceless: What the Detroit Bankruptcy Ruling Means
(DBN)

Detroit ruling opens threat to NY worker pensions
(DBN)

The big split in California's economy
(DBN)

Pension woes for bankrupt California city
(DBN)

JeffCo comeback gets some love from Forbes
(DBN)

Bankrupt city pays for new trash cans with crowdfunding
(DBN)

Pension ruling likely to hit other US cities --- Cutting Detroit pension benefits would set awful precedent across country --- After Detroit, Who Will Cut City Pensions Next?
(DBN)

Pension threats in Illinois, Detroit rattle government workers
(DBN)

Illinois Passes Pension Reform
(DBN)

Detroit bankruptcy ruling reverberates in Scranton
(DBN)

Deluge of Muni Debt on Tap
(DBN)

The IRS Throws a Wrench Into Public Pension Reform
(DBN)

Puerto Rico’s Economic Crisis Spurs Exodus From Island, Fears About American Retirement Plans --- UBS Puerto Rico faces 'Whopper' of a problem over muni bond funds
(DBN)

10 US Cities Where Poverty is Soaring
(DBN)

Things New Yorkers Do
(DBN)

____________

Fraud:

Bernie Madoff Still Doesn't Care What You Think Of Him
(DBN)

Bernie Madoff sweated scam's intricate details
(DBN)

Billions More in Recoveries at Stake in Two Madoff Court Cases
(DBN)

Recovering Money Lost in Bernard Madoff's Ponzi Scheme
(DBN)

Madoff : Prison Is Like Camp
(DBN)

JPMorgan said in talks over Madoff warnings
(DBN)

Madoff fraud still stings ex-clients 5 years later
(DBN)

Judge hits Goldman Sachs for its 'silence' as rogue trader gets jail time
(DBN)

Judge denies Minn. businessman Petters ' appeal --- Rejects Petters' "Final Con" To Reduce Sentence
(DBN)

Ex-SAC Fund Manager Seeks to Use Cohen to Buoy Defense
(DBN)

JPMorgan Asks Judge to Keep Draft U.S. Fraud Suit Secret
(DBN)

Texas Men Charged in $18 Million Oil-and-Gas Ponzi Scheme
(DBN)

____________

Autos:

A Bumpy Road Ahead for General Motors?
(DBN)

____________

History:

How 3 Countries Lost Their Position As The World's Dominant Financial Power Over The Last 800 Years
(DBN)

____________

Food/Beverage:

Quiznos Is In A Vicious Downward Spiral --- Crisis Quickens at Quiznos --- Why Quiznos could go from toasty to just plain toast --- Why Don't You Eat at Quiznos Any More? --- Quiznos Reaches Agreement With Lenders, Equity Partners
(DBN)

Peanut Butter Plant Can Resume Limited Operations
(DBN)

Judge orders liquidation of landmark New Orleans restaurant
(DBN)

Fast Food Workers Reveal The Best Menu Items That No One Ever Orders
(DBN)

____________

Derivatives:

Fully Clothed CDS
(DBN)

____________

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 (17 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (19 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)

______________

Bankruptcy Statistics:

WNY bankruptcy filings continues decline
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

______________

Jurisdiction:

In Detroit : debt and Anna Nicole Smith
(DBN)

____________

Sales:

'Allied' May Expand Circumstances for Reopening a Bankruptcy Auction
(DBN)

____________

Avoidance Actions:

Denied! Judge schools trustee seeking refund for tuition
(DBN)

____________

Cross-Border:

Fourth Circuit Protects Rights of Patent Licensees in Cross-Border Bankruptcy Case
(DBN)

____________

Awards:

FL: Most Effective Lawyers
(DBN)

____________

TBTF:

Celebrations of Too Big to Fail’s Demise Are Premature
(DBN)

Pension funds too big to fail?
(DBN)

SIGTARP proves that some bankers aren’t too big to jail
(DBN)

____________

Pensions:

The Real Reason for Pensions
(DBN)

___________

Retailing:

JC Penney facing SEC inquiry on finances
(DBN)

Amazon by the Numbers: $3.3B in Shipping Losses
(DBN)

Guitar Center And Big Box Retail
(DBN)

____________

Electricity:

Energy Future Holdings CEO has hope for spring deal with creditors
(DBN)

Edison Mission Bondholders Turn to Wilder for Bankruptcy Help
(DBN)

____________

Tax:

Q&A With Kirkland & Ellis' Sara Zablotney
(DBN)

____________

Private Equity:

UBS Sells Distressed Credit To KKR, Sound Point
(DBN)

____________

Furniture:

Former Furniture Brands executives want access to insurance money
(DBN)

____________

Skiing:

Small Wyoming ski areas looks for ways to survive
(DBN)

____________

Fitness:

Members Want Money Back After Bankruptcy Court Closes Gym
(DBN)

____________

Celebs:

NFL Bankruptcies, Moral Hazard And The Evolution of Sports Agents
(DBN)

The Broke and the Beautiful: Dappy Edition --- Is Dappy going on Celebrity Big Brother to avoid bankruptcy? Sadly not... --- Dappy dismisses bankruptcy reports
(DBN)

Heidi Montag talks plastic surgery, bankruptcy and motherhood
(DBN)

Paris Hilton's Brother Bloodied in Attack Ordered By Lindsay Lohan
(DBN)

____________

Politics:

Warren Hits Banks, Expands Base to Solidify Senate Power
(DBN)

Elizabeth Warren Fires Back at Centrist Dems on Social Security
(DBN)

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Education:

Why universities are money pits
(DBN)

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Corporate Reform:

'Volcker rule' finally at finish line --- Wall Street frets as Volcker Rule nears vote --- After vote, lawsuits likely next hurdle for Volcker rule --- Volcker Rule to Force Banks to Comply With Five Regimes --- Tougher Volcker Rule Targets CEOs
(DBN)

One Gov't Agency Sends 103 Bankers to Prison
(DBN)

Glass-Steagall Fans Plan New Assault If Volcker Rule Deemed Weak
(DBN)

____________

Lehman:

Lehman Brothers suing Wellmont for $21 million
(DBN)

____________

Apparel:

PBGC denies bankruptcy interference
(DBN)

____________

Coal:

Is There a Future for Coal ?
(DBN)

____________

Sovereigns:

US government intervenes in favor of Argentina in defaulted- bonds case
(DBN)

____________

EU:

What Europe Really Needs Is a Bankruptcy Union
(DBN)

____________

PIIGS:

ie: Sean Dunne sent bankruptcy all-clear in 'error' --- Developer Dunne's appeal against his bankruptcy fails --- 'Compelling evidence' Dunne filed in US to avoid Irish bankruptcy law --- New bankruptcy laws aren't sole panacea to ills of heavy debts
(DBN)

Greece passes 2014 'growth' budget --- Greece: Public sector no longer too large
(DBN)

Top Monte Paschi investor says to vote for cash call delay
(DBN)

____________

China:

First China Default Seen as Record $427 Billion Debt Due
(DBN)

China Trade Surplus Hits Four-Year High as Exports Rise
(DBN)

____________

Brazil:

Brazil judge puts hold on plan for joint OSX, OGX bankruptcies
(DBN)

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Netherlands:

Dutch Supreme Court: Fortis was mismanaged
(DBN)

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Copyright 2013