February 13, 2013

The Daily Bankruptcy News

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Law:

Judge to hear staff of bankrupt NY law firm on class action
(DBN)

Gradenfreude: Kicking a Man When He’s Down (Law Firm Interview Edition)
(DBN)

Bonus Watch: Bingham McCutchen
(DBN)

The jury is in on law firm hiring: It's lousy
(DBN)

How Did You Come Up With That Fixed Fee?
(DBN)

Report urges law firms to tackle succession issues
(DBN)

NJ: Brick-and-mortar office requirements are relaxed for state’s lawyers
(DBN)

Buying In: Biglaw Real Estate
(DBN)

Gibson Dunn, Drinker Biddle, Venable: Business of Law
(DBN)

Survey of GCs Sees Cybersecurity Risk, Anxiety
(DBN)

Why Lateral Hiring Is So Inefficient
(DBN)

Baker & McKenzie adds bankruptcy and insolvency attorney
(DBN)

For Shook Hardy, Loss of Tobacco Client Hits Bottom Line
(DBN)

Blank Rome Sees Profits Soar 15.4 Percent, Revenues Rise 6.3 Percent
(DBN)

When asking a partner to leave
(DBN)

Greenberg Traurig profits drop
(DBN)

GrayRobinson's 2012 growth called 'nothing short of meteoric'
(DBN)

A Guide To Understanding In-House Legal Titles
(DBN)

Most Highly Regarded Firms: Mergers & Acquisitions 2013
(DBN)

Cravath may soon have its first non-equity partner, if Mary Jo White is confirmed as SEC chair
(DBN)

Just How Rich Is Mary Jo White, Debevoise Partner and Likely Future SEC Chair?
(DBN)

Threats, reprisals against lawyers, judges not so uncommon
(DBN)

Accused courthouse gunman’s son is detained in probation case at judge’s order
(DBN)

Marriage to a lawyer is an added nuptial stressor
(DBN)

New data should have every second-year law student extremely worried about getting a summer job
(DBN)

Law Schools Have No Shame
(DBN)

Law School Transparency: The function of criticism at the present time
(DBN)

"Drastic changes" in how we educate new lawyers?
(DBN)

National Jurist rankings conflict with US News’ top choices; law prof blasts methodology --- Pure Ridiculousness --- National Jurist in Competition to Displace Thomas Cooley Rankings as Biggest Joke in Legal Academia
(DBN)

Don't Feel Too Sorry For The SEAL Who Shot Bin Laden
(DBN)

Lehigh University Grad Sues The School For Giving Her A C+
(DBN)

Laid-Off Associate Is Now Celebrity Chef
(DBN)

Man Who Slipped On Gatorade Sign At Walmart Wins $1.3 Million In Damages
(DBN)

Murder defendant’s claimed threats against his attorneys have left him lawyerless
(DBN)

Two jurors jailed, case ends in defense verdict
(DBN)

Law Firm Producing Its Own P--- To Ensnare Copyright Violators?
(DBN)

Coroner Blames Coca-Cola Addiction For 31-Year-Old Woman's Death
(DBN)

Attorney Tried to Kill His Client
(DBN)

Financial incentives proposed for lawyers who relocate to state’s rural areas
(DBN)

O.J. Simpson Reportedly Hosted A Super Bowl Bash In His Jail Cell
(DBN)

Say What?!
(DBN)

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Judges:

Justice Ginsburg: The Senate Is 'Destroying The United States’ Reputation... As A Beacon of Democracy'
(DBN)

Judge pleads guilty to fixing traffic tickets; cases against 8 others still pending
(DBN)

$9,000 in prizes offered to law students who accurately predict Supreme Court outcomes
(DBN)

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Wall Street:

US stock futures advance on Wednesday
(DBN)

Stocks close at highest point of the year as Dow nears record
(DBN)

10 Things You Need To Know Before The Opening Bell
(DBN)

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Layoffs:

ING Cutting 2,400 Jobs as Fourth-Quarter Profit Misses Estimate
(DBN)

Appeals court rules Flexible Flyer in West Point closing didn't violate the law in layoff
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Personal Finance:

Run Your Family Like A Business? - A new generation of parents is taking solutions from the workplace and transferring them to the home
(DBN)

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Private Equity:

Buyout-Boom Shakeout Seen Leaving One in Four to Starve
(DBN)

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Education:

Judge OK's Lon Morris final bankruptcy plan
(DBN)

Former Lon Morris employees to be paid in full
(DBN)

JISD Board of Trustees approves LMC properties purchase
(DBN)

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Photography:

Kodak Locks Down Lens Licensing Deal
(DBN)

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Student Debt:

How to get student loans forgiven
(DBN)

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Gambling:

Report: Revel casino hires bankers, lawyers to prepare for possible bankruptcy --- Explores Prepackaged Bankruptcy
(DBN)

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Economy:

Lew Tells Senate U.S. Must Avoid Self-Inflicted Sequester Wounds --- McConnell invokes "read my lips" promise --- Reid: Senate Dems Will Introduce Sequester Replacement Plan --- McConnell 'not interested” in last ditch talks to avert sequester --- Sequester is going to happen, McConnell says --- Service Chiefs Detail Sequestration Consequences
(DBN)

Congress Lacks Plan to Halt U.S. Spending Cuts as Deadline Nears
(DBN)

US posts $3 billion budget surplus for January
(DBN)

Five signs Americans are forgetting recession's lessons
(DBN)

Tax Changes Screw The Upper Middle Class
(DBN)

2013 State of the Union Drinking Game
(DBN)

From euro jitters, world walks into currency wars
(DBN)

Obama calls for $9 minimum wage
(DBN)

Obama Wants America To Remember One Chart In The State Of The Union
(DBN)

Obama: These Are The 17 Things We Can Do To Grow The Economy
(DBN)

Obama's Ambitious, Unlikely State of the Union Speech
(DBN)

Obama to Republicans: Can We Just Move On?
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Report: Rules Could Exclude Nearly Half of Recent Mortgages
(DBN)

Defense attorneys say judges wrongly allow 'robo-witnesses'
(DBN)

U.S., states near settling with more mortgage servicers on abuses
(DBN)

An Overview of President Obama’s Refinancing Proposals
(DBN)

Fannie Mae Rebuffed on Insurance Plan
(DBN)

Robo-signing:Ex-president of mortgage processor DocX pleads guilty to racketeering in Michigan case
(DBN)

Ex-Rothstein partner Russell Adler named in foreclosure suit
(DBN)

Lehman to sell Manhattan building to RXR, Walton Street
(DBN)

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Credit Counseling:

Debt Reduction Attorney Wins Partial Victory
(DBN)

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Celebs:

Creditor Alleges John L. Smith Tried to Conceal Assets in Bankruptcy
(DBN)

From Bank To Broke! Elton John's '£400K Monthly Spending Habit' To Toni Braxton's Double Bankruptcy – Celebrities With Money Woes
(DBN)

Donald Trump is not an ape, mogul says in Bill Maher lawsuit
(DBN)

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Banking:

Excel Epically Failed JP Morgan During The London Whale Trade
(DBN)

Arizona bank to buy OC lender
(DBN)

Prominent Former Bank Still Wheeling and Dealing
(DBN)

Judge denies Wells Fargo attempt to fight financial crisis suit
(DBN)

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Food/Beverage:

Fast Food Workers Reveal The Most Underrated Menu Items
(DBN)

Zacky kin poised -- again -- to buy bankrupt turkey company
(DBN)

Cardile Bros. Mushroom owes creditors $2.99 million
(DBN)

Getting the ducks in a row
(DBN)

10 Dishes That Only Exist In New Orleans
(DBN)

Some scary facts about your beef burger
(DBN)

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Municipalities:

San Bernardino: Unions seek to fight city's pay cuts --- Police seeking lawsuit against San Bernardino
(DBN)

The 10 Most Expensive Cities In The United States
(DBN)

Snyder Says He's Picked Candidates for Detroit Emergency Manager
(DBN)

Jeannette won't likely succeed in bankruptcy
(DBN)

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Hollywood:

Sorting out the financial crisis in special effects
(DBN)

Rhythm & Hues bankruptcy sends shockwaves through visual-effects industry
(DBN)

Should FSU refund the $2 million West Palm paid for defunct animation campus?
(DBN)

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Oil/Gas:

Unsecured creditors want trustee or liquidation in ATP bankruptcy
(DBN)

DoJ takes aim at ATP
(DBN)

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Retailing:

Bakers' leases to be auctioned Feb. 18
(DBN)

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Aviation:

The American-US Airways Deal: You're Going to Pay More
(DBN)

Concessions on routes likely to get US Air-AMR off the ground
(DBN)

American-US Air merger to help budget carrier Allegiant get jets
(DBN)

Potential American Airlines merger has some worried fares will rise
(DBN)

Chicago may escape drawbacks of American-US Airways merger
(DBN)

Merger With AMR May Send US Airways Shares Surging
(DBN)

Hannibal’s Crossing Of The TSA: Man Sues Agency After Arrest For Airport Joke
(DBN)

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Pensions:

IRS Allows Distressed DB Pension Plans to Modify Payouts
(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 (24 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (12 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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Professional Employment:

U.S. Trustee, advisers settle in GSC bankruptcy case
(DBN)

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Leases:

Lording Over Unsecureds: A Commercial Landlord’s Claim for Indemnification
(DBN)

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Recent Pleadings:

ResCap Wants CRO
(DBN)

Dewey Plan Objection Says Plan Is: "Designed and conceived to perpetrate a fraud on the firm's former partners"
(DBN)

After Bidder No Shows, Journal Register Cancels Auction, Goes With Stalking Horse
(DBN)

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Litigation:

Vetting Arbitrators for Possible Conflicts of Interest
(DBN)

Privilege Issues That Arise When Dealing with Outside Consultants
(DBN)

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Insurance:

New Twist on the Question of an Insurer’s Duty to Defend Criminal Proceedings
(DBN)

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Fashion:

Back From Bankruptcy, Betsey Johnson Debuts Lower-Priced Dress Line And Activewear
(DBN)

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Fraud:

Bernie Madoff Bankruptcy Trustee & Chief Council Talk to CNBC's Scott Cohn
(DBN)

Madoff trustee seeks to boost payout to over $5 billion
(DBN)

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Religion:

Abuse Victims Welcome Pope's Retirement --- Lawyer hints at suits from victims of abuse
(DBN)

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Mass Torts:

Panel centralizes meningitis litigation in Mass.
(DBN)

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Corporate Governance:

Survey sees little improvement in governance
(DBN)

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Brokers:

MF Global Parent Answers JPMorgan Objections to Liquidation
(DBN)

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Corporate Governance:

Restructuring Experts: Recession Didn’t Improve Corporate Governance
(DBN)

Shareholder watchdogs should be unmuzzled
(DBN)

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Sovereigns:

NML May Demand Information From Argentina’s National Bank
(DBN)

BNY Mellon, bondholders to argue in Argentina appeal of U.S. ruling
(DBN)

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UK:

Bank of England expected to lower UK GDP growth forecasts
(DBN)

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EU:

Draghi says ECB would only use bond-buy plan to address "major problems"
(DBN)

I’m About to Go Insolvent and I’m Not a Bank—Can and Will the Government Bail Me Out?
(DBN)

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PIIGS:

Sean Dunne to face bankruptcy proceedings in US court
(DBN)

Greece produced budget surplus
(DBN)

Arthur Cox takes lion's share as Irish state legal fees revealed
(DBN)

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Canada:

Indalex: What Are the Pension Implications?
(DBN)

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France:

Peugeot reaffirms recovery goals as loss balloons, $ -6.7B
(DBN)

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Czech Republic:

State spending on wages of bankrupt companies grows in 2012
(DBN)

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Offshore:

Uruguay is basically a giant offshore bank account
(DBN)

11th Circuit: Taxpayers must report on offshore accounts
(DBN)

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