February 25, 2013

The Daily Bankruptcy News

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Law:

James Bond Stars in Dewey Art Auction
(DBN)

The Departing Skadden Partner, His Ex-Wife, And The Substance Of African-Americans --- Law firm partner's departure memo creates a stir
(DBN)

Thompson & Knight, Ogletree, Paul Weiss: Business of Law
(DBN)

Shearman Holds Revenue Steady, as Net Income Declines
(DBN)

Revenue, Profits, Head Count All Up at Proskauer
(DBN)

Kaye Scholer Sees Revenue, Profits Drop For Second Straight Year
(DBN)

Venable Sees Net Income, Profits Per Partner Rise in 2012
(DBN)

McGuireWoods Posts Growth in Gross Revenue in 2012
(DBN)

Allen & Overy names a new U.S. leader
(DBN)

New-look Dentons to go live on 28 March - and 2 April
(DBN)

What Legal Demographic is Ruled by Women?
(DBN)

Midsize firms are happy to sort through the remainders
(DBN)

K&L Gates posts 2012 financial results online; will other major law firms follow suit? --- K&L Gates Swing Wide Open
(DBN)

A Senior JPMorgan Deal Maker Returns to the Law
(DBN)

Law Firm Leaders Q&A: Duane Morris' Douglas Woloshin
(DBN)

Legal Project Management 1.0
(DBN)

The Go-To Law Schools
(DBN)

Law Prof: I May File Law School Ethics Charges
(DBN)

More Law School Non-Reform
(DBN)

Law School Transparency: Inside report --- The reliability of the employment data reported by law schools --- Doctors and lawyers
(DBN)

Property law professor battling leukemia teaches from hospital bed
(DBN)

The American Bar Association Is Finally Trying To Make Sure Law Schools Don't Lie
(DBN)

Law School Throws ‘Job Idol’ Competition, Grand Prize: Not a Job
(DBN)

Thies: Law school debt 'unsustainable' over long term
(DBN)

Senator Ted Cruz: HLS Full Of Communists
(DBN)

Lawyers Whose Lives Were Upset by Hurricane Find Time to Counsel Fellow Storm Victims
(DBN)

Man arrested at Pa. courthouse is charged with stealing files from Reed Smith
(DBN)

Law firm’s hijacked keywords not a privacy violation, appeals court says
(DBN)

Oscar Pistorius released on bail after tense court hearing --- Pistorius bail decision greeted with mixed opinion in South Africa --- Bizarre Twist In Oscar Pistorius' Case --- The 'Stars' Of The O.J. Trial Are Coming Out To Weigh In On Pistorius --- Elite, Gated, Alternate South Africa
(DBN)

The 12 Most Ridiculous Things FBI Agents Did Recently
(DBN)

Judge Sanctions Lindsay Lohan's lawyer For Plagiarism
(DBN)

Federal court says no 2nd Amendment right to concealed gun permit --- Court says Illinois must rewrite curbs on carrying concealed guns
(DBN)

Deal Near on Background Checks for Private Gun Sales
(DBN)

Million-dollar deadbeat dad, on the lam for nearly 20 years, enters guilty plea
(DBN)

Disbarred Lawyer Considered A Threat To Officials
(DBN)

Owning Your Online Presence
(DBN)

ABA Adopts Unbunding Resolution
(DBN)

News Briefs—K&L Gates Bares All; Groundhog Day Redux; Cultural Superiority; and More
(DBN)

Firm and two of its lawyers must pay $200K over frivolous patent case
(DBN)

Avvo Adds Reverse Auction ‘Legal Marketplace’
(DBN)

Mississippi Abolishes Slavery
(DBN)

World’s First Solicitor Harlem Shake Video
(DBN)

Lawyer was left trapped and forgotten in a jail for hours after trying to visit a client
(DBN)

Utah’s Trooper Of The Year Fired After Being Accused Of False DUI Arrests
(DBN)

The Extrajudicial Proclivities Of The NFL And NCAA
(DBN)

Town to pay $51K to settle federal suit over police shooting of family dog
(DBN)

Say What?!
(DBN)

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Judges:

Defendant attorney takes stand in latest corruption trial linked to convicted judge
(DBN)

Controversial judge is target of complaints; DA asks state AG to investigate
(DBN)

Judge of the Day: From the Bench to the Big House?
(DBN)

Judicial Ethics and Social Media: To Friend or Not to Friend?
(DBN)

Sotomayor on getting over her ‘reflexive terror’
(DBN)

The Other Crisis Facing the Federal Judiciary
(DBN)

CA: Judicial Council's Operations Remain Largely Shielded From Public Eye
(DBN)

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Wall Street:

Stock index futures point to flat to higher open
(DBN)

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Layoffs:

Yahoo! tells employees to stop working from home --- Why Marissa Mayer Told Remote Employees To Work In An Office ... Or Quit
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Celebs:

Wayne Newton Estate Up for Sale, Auction Amid Legal Battle
(DBN)

Former Razorback Coach John L. Smith's Request To Limit Public Access to Bankruptcy Documents
(DBN)

Ex-KISS Guitarist Is On The Brink Of Losing His Upstate New York Home
(DBN)

Curt Schilling’s Bloody Sock From Game 2 of 2004 World Series Sells for $92,613 at Auction
(DBN)

US joins fraud lawsuit against Lance Armstrong
(DBN)

Robert Swift, Ex-Seattle SuperSonics Star, Refuses to Leave His Foreclosed Home
(DBN)

Casey Anthony bankruptcy lawyer seeks delay in venue hearing
(DBN)

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Personal Finance:

13 Things You're Better Off Buying Used
(DBN)

7 Money Moves You Should Never Hide From Your Tax Preparer
(DBN)

______________

Aviation:

How US Airways snagged the merger with American Airlines
(DBN)

Tonight Show ad spoofs the American Airlines-US Airways merger
(DBN)

FAA outlines operational impacts if sequester spending cuts go into effect
(DBN)

American Airlines warns managers: If you say something about the merger, we gotta disclose it
(DBN)

Pilot unions meet with US Airways executives
(DBN)

American Airlines asks court to OK severance pay, retention bonuses for execs, managers
(DBN)

The end of cheap airfare
(DBN)

______________

Hollywood:

The Broke and the Beautiful: ‘Seventh Son’ Edition
(DBN)

Red Ink Spills Across Visual Effects Industry
(DBN)

VFX Pros To Stage Oscar Protest
(DBN)

And the Oscar goes to...the Life of Pi visual effects company filing for bankruptcy protection
(DBN)

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Resorts:

Antaramian crafts plan to turn Naples Bay Resort over to his company
(DBN)

Paulson-Owned Resort Group Chapter 11 Exit Plan Approved
(DBN)

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Corporate Reform:

SEC: Really, We're Back on the Beat
(DBN)

Why The Justice Department Is Suing S&P
(DBN)

Consumer Bureau Said to Warn Banks of Auto Lending Suits
(DBN)

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Food/Beverage:

El Cajon Brewing Company struggling with bankruptcy
(DBN)

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Economy:

Bernanke's Stimulus Spurring US Employment in Housing-Autos
(DBN)

Both Sides Point Fingers on Sequester --- Fed courts, DOJ prepare for big cuts --- Why 40 Percent Of Americans Aren't Afraid Of The Sequester --- Republicans May Have Found A Brilliant Way To Win The Sequester --- Will: The Manufactured Sequester Crisis --- Fault-Finding Grows Intense As Cuts Near --- Hard Budget Realities as Agencies Prepare to Detail Reductions --- The White House Is Pressuring Republicans On The Sequester By Warning Of Drastic State-By-State Cuts
(DBN)

Fed Leaves a Win-Win for Treasurys
(DBN)

Fed: Don't Worry if We Lose Money
(DBN)

Gov't downsizes amid GOP demands for more cuts
(DBN)

Without Taxpayer Aid, Big Banks Would Only Break Even
(DBN)

The Rise Of Consumer Culture
(DBN)

Don't Weep for Boomers Close to Retirement
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

The US Is Running Out Of Homes To Sell
(DBN)

Housing: It’s Becoming a Seller’s Market
(DBN)

6.78% of Home Loans 90 Days Past Due
(DBN)

Rising Prices Shrink Ranks of Underwater Borrowers
(DBN)

No US prison time for Mastros, French judge rules
(DBN)

Freddie Mac revamps insurance procedures for Hurricane Sandy borrowers
(DBN)

Ill. Supreme Court issues rules on foreclosures
(DBN)

California captures 40% of aid from the national mortgage settlement
(DBN)

____________

Compensation:

Citigroup CEO tops $10 mil in salary
(DBN)

Now Up: The "Third Wave" of Executive Compensation Litigation
(DBN)

______________

Banking:

Jain won't be sanctioned in libor case: report
(DBN)

Sunrise Bank shutdown averted by last-minute capital infusion
(DBN)

FDIC details loans that shuttered American Marine Bank
(DBN)

Banks Turn Punishment Into Chance to Ditch Bad Loans
(DBN)

______________

Newspapers:

Car dealer Ernie Boch Jr. says he's interested in bidding for The Boston Globe
(DBN)

More Newspaper Layoffs Likely to Follow Journal-Register's Sale
(DBN)

Pension obligations, other debt led Journal Register Co. into second bankruptcy
(DBN)

______________

Aviation:

A Look Inside the American Airlines/US Airways Merger
(DBN)

The Best Airline Captain Announcement Ever Came On A British Airways 747 After All Four Engines Failed...
(DBN)

TSA vs. 3 Year Old with Spina Bifida
(DBN)

______________

Health Care:

The Most Infuriating Paragraph You Might Ever Read About The Healthcare System
(DBN)

Advanced Living Technologies files for Ch. 11 bankruptcy protection
(DBN)

5 Restructuring Activities Healthcare CEOs Have Initiated
(DBN)

Why your boss is dumping your wife
(DBN)

______________

Fraud:

Madoff Victims Suffer Major Setback In Federal Appeals Court
(DBN)

Madoff to FBN: Maintain Scrutiny on Banks and Feeder Funds
(DBN)

Revisiting Reasonable Reliance in Credit Fraud Cases
(DBN)

Attorney Maria Elena Perez blazes her own path in defense of former UM booster Nevin Shapiro
(DBN)

Consumer Complaints May Offer Insight Into Pyramid Schemes
(DBN)

Current S&P Employees Star in Suit
(DBN)

______________

Startups:

A Famous Angel Explains The Four Biggest Mistakes Startups Make
(DBN)

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Coal:

Miner retirees furious over lost benefits and pensions --- Miners to protest again at Peabody headquarters --- Legislation to protect retired coal miners from Patriot bankruptcy --- Rockefeller, Rahall to introduce miners pension bill
(DBN)

Patriot Coal 2012 loss widen to USD 730.6 million
(DBN)

______________

Corporate Governance:

Einhorn’s Apple Victory Seen as Legal Precedent in Corporate Governance
(DBN)

______________

Gambling:

Streak of bad news persists on Boardwalk
(DBN)

Snake eyes
(DBN)

Centaur Gaming Acquires Indiana Grand Casino, Indiana Downs
(DBN)

______________

Municipalities:

Stockton: City plots emergence from bankruptcy
(DBN)

The only path for Stockton
(DBN)

Broke city pays many $100K-plus
(DBN)

City manager may be too expert --- San Bernardino City Council stands by new city manager Allen J. Parker despite prior personal bankruptcies
(DBN)

San Bernardino: This is living within one's means?
(DBN)

L. Brooks Patterson: State-appointed manager for Detroit the only option left for Michigan Gov. Rick Snyder
(DBN)

Bankruptcy filing may be bad option for Detroit
(DBN)

The Uniquely American Way to Dictatorship
(DBN)

Detroit prepares for EM; Snyder has short list of candidates
(DBN)

Snyder: People already turning down Detroit job
(DBN)

Detroit: Skid row
(DBN)

Detroit's Race for Mayor Offers Uncertain Prize --- Would an emergency manager ruin 2013 Detroit elections?
(DBN)

Former Detroit auditor general, once Benton Harbor's EFM, claims Motor City's fiscal meltdown was decades in making
(DBN)

The Revel going belly-up is no shock; the whole plan for A.C. was bankrupt from the beginning
(DBN)

Camden, AC Among Top 20 Most Miserable Cities --- Detroit named 'most miserable US city'
(DBN)

CREW Los Angeles Panel Recap
(DBN)

America's 20 Dirtiest Cities
(DBN)

18 Cities Freaking Out Over the Sequester
(DBN)

______________

Skiing:

Auction could determine ski resort's future
(DBN)

______________

Alternative Energy:

Bankrupt Abound Solar Dealt Another Blow
(DBN)

______________

Credit Reporting:

Facebook & Credit Scores
(DBN)

10 things credit bureaus won't say
(DBN)

______________

Mass Torts:

Epicenter of Gulf Oil Spill Confronts BP
(DBN)

BP Seeks to Prove Oil Spill Errors Weren’t Grossly Negligent --- How Likely is a BP Spill Settlement?
(DBN)

______________

Brokers:

Corzine Avoids Lifetime Futures Ban, for Now: Regulator
(DBN)

Assessing client money claims following the MF Global collapse
(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 (42 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (62 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:

Bankruptcy Week Ahead: Hostess to Hold First Bankruptcy Auction
(DBN)

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Sales:

In a bankruptcy sale free and clear of liens, claims, and interests, the First Circuit Bankruptcy Appellate Panel adopts an expansive definition of the term interest
(DBN)

______________

Plan Confirmation:

Bankruptcy Court for District of Delaware Approves Use of Post-Petition Lock-Up Agreements and Permits Release of Non-debtor Parties by Non-voting Creditors
(DBN)

Market Test Required for Plans Giving Equity to Insiders
(DBN)

______________

Recent Pleadings:

Penson Gets 10.5M Stalking Horse --- Seeks D&O Access --- Files Amended Plan
(DBN)

ResCap Bondholders Want End To Exclusivity, Says Case Stalemated
(DBN)

Dewey Files Plan Confirmation Memorandum --- Creditors Committee Supports
(DBN)

______________

Professional Compensation:

Nortel US seeks to hide some fees amid cash battle
(DBN)

______________

Litigation:

Emerging Legal Guidelines on Discoverability of Social Media in Federal Courts
(DBN)

Winning Less May Mean More to Your Client in the End
(DBN)

Five tips to handle e-discovery in a crisis
(DBN)

10 Tips to Build a Trial Presentation Database
(DBN)

A license to steal?
(DBN)

______________

Predatory Lending:

Major Banks Aid in Payday Loans Banned by States
(DBN)

______________

Ethanol:

Firm holds out hope for reopening of South Bend ethanol plant
(DBN)

______________

Basketball:

Bankruptcy Court To Rule On Hansen-Maloof Sacramento Kings Sale Documents
(DBN)

______________

Telecoms:

PowerWave Bankruptcy Further Delays D.C. Metro Wireless Expansion
(DBN)

Angel Telecom Announces Acquisition of Assets of Vivaro Corporation
(DBN)

______________

Electricity:

It’s past time for a remedy at EFH
(DBN)

Biggest LBO Failure Becomes Energy Future Purgatory for KKR
(DBN)

Beartooth Co-op trustees describe bankruptcy plan as ‘totally inadequate’
(DBN)

______________

Agriculture:

Judge deems Rakhra case futile
(DBN)

Feedlots, meatpackers closing with fewer US cows
(DBN)

______________

Bowling:

Bowling business back in the gutter
(DBN)

______________

Brokers:

Judge OKs framework for payment to MF Global creditors
(DBN)

______________

Financial Literacy:

Disclosure 2.5: Moving from the Lab to the Field
(DBN)

______________

Religion:

Bankruptcy judge to hear victim test cases in Milwaukee
(DBN)

Indiana Mega-Church Faces New Foreclosure Lawsuit
(DBN)

______________

Accounting:

Big Four dismiss claims they are failing shareholders
(DBN)

Competition Commission aims to break Big Four dominance
(DBN)

______________

Sovereigns:

Don't Fix It, Call It a Risk Factor!
(DBN)

Argentina Bets on Skeptical U.S. Judges to Avoid Crisis
(DBN)

______________

UK:

Loss of triple-A credit rating 'largely symbolic', says Vince Cable
(DBN)

To Save The British Economy, David Cameron Has To Do The Hardest Thing Any Politician Ever Has To Do
(DBN)

Shameless Star Tina Malone Reveals IVF Treatment Plans
(DBN)

______________

EU:

In euro zone, clouds still mask silver lining
(DBN)

The last remaining hope for Europe is slipping away
(DBN)

______________

PIIGS:

Italian Politics --- 15 Reasons Why The Italian Election Matters To The World --- Italian Election Guide --- Berlin Tries Not to Fiddle, But Rome May Burn --- Bankruptcy graveyard in Italian election battleground --- Paul Krugman: Outsiders Are Right To Be 'Terrified' Over The Italian Election --- Goldman: There's Almost A 50% Chance Of A Negative Outcome In Italy
(DBN)

Half of Greeks contribute to tax evasion --- Health bubble contributed to state's ills --- Private sector forced to bail out state --- Anastasiades has talked to two countries about a loan --- Greek economy to contract in 2013, recover next yr-cenbank
(DBN)

Troika to review Portugal bailout , revisions seen --- Austerity’s poster child Portugal says economy is doing way worse than it realized
(DBN)

______________

Canada:

Charges laid in bankruptcy fraud investigation
(DBN)

______________

France:

Are the French Really That Lazy?
(DBN)

______________

Cyprus:

EU must be convinced that Cyprus is facing bankruptcy
(DBN)

Cypriot conservative romps to presidential victory
(DBN)

______________

Lithuania:

Lithuanian Siauliu Bankas Agrees to Assume Insolvent Ukio Assets
(DBN)

______________

Estonia:

Division of expenses between pledge creditors in bankruptcy proceedings
(DBN)

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India:

Wall Street doctors come to rescue PEs in India
(DBN)

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