February 6, 2013

The Daily Bankruptcy News

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Law:

Pepper Hamilton names Louis Freeh as its chair
(DBN)

I Should Have Been a Garbage Man
(DBN)

Total number of law schools and law students, 1964 to the present
(DBN)

The Downsizing of Legal Education
(DBN)

How the Job Market for Law School Grads Crumbled (and How It Could Come Back to Life)
(DBN)

The President Of A Tiny, Struggling Law School In The Hills Of Vermont Explains Why It Should Still Exist
(DBN)

Will California Threaten Lawyer Livelihood with Legal Technicians?
(DBN)

In a Law School Recession, How Washington and Lee is Thriving
(DBN)

Buying In: The Biglaw Report Cards
(DBN)

This Attorney Wants To Overhaul The Billable Hour System
(DBN)

Barclays GC is Latest Executive Casualty of LIBOR Scandal
(DBN)

Venue dispute stalls Greenberg bias suit
(DBN)

Shook Lawyer Claims He Didn't Know Florida Law Barred Ponzi Schemer Shapiro's Sports Agency Buy
(DBN)

Former No.2 DOJ official joins law firm in Washington
(DBN)

Lawyer Suspended For Helping Client Avoid Tax Lien
(DBN)

The Strange Story Of The ‘Lawyer By Day, Pop Singer By Night’ Who Refuses To Disclose Her Real Identity
(DBN)

The world's weirdest laws
(DBN)

Client attacks lawyer, tries to flee, continues trial in restraints
(DBN)

A ‘profoundly disturbing’ memo? DOJ white paper outlines legal basis for targeted killings of Americans --- Legal Experts Fear Implications of White House Drone Memo --- The White House is "Judge, Jury and Executioner" of Both Drone and Cyber-Attacks
(DBN)

If Your Defense Is "Advice of Counsel" You Have To Have Followed The Advice
(DBN)

How to Bust Your iPhone Out of iTunes
(DBN)

Former Child Actor Isn't Scared Of The Law School Bubble
(DBN)

Florida Disciplines Officers Found To Be Ignoring Emergency Calls To Finish Lunch, Coffee, or Just Chat With Friends
(DBN)

Prison guard pregnant with cop killer's child
(DBN)

Cops arrest 10-year-old for bringing toy gun to school... 'Brandishing a weapon'
(DBN)

City Workers Paint Disabled Parking Box Around Woman’s Car And Then Tow The Car As Illegally Parked
(DBN)

Say What?!
(DBN)

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Judges:

Justice Ginsburg Swats Down Paul Clement’s Latest Attempt To Blow Up Recess Appointments
(DBN)

Quote of the Day: A Latina Who Isn’t Wise On Jokes --- Sotomayor takes up case of the Funniest Justice
(DBN)

Sonia Sotomayor To Stephen Colbert: You'll 'Find Out Soon Enough' Where I Stand On Gun Rights
(DBN)

Sonia Sotomayor: How do you know I'm not a conservative?
(DBN)

Rare court of inquiry is convened over judge’s work as a prosecutor in 1987 murder case
(DBN)

Federal Law Clerk Hiring Crisis
(DBN)

Recently Re-Elected Chicago Judge Is Legally Insane
(DBN)

Woman Gets 30 Days In Jail For Giving The Finger To A Judge
(DBN)

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Wall Street:

Stock index futures point to slightly higher Wall Street open
(DBN)

U.S. stocks close down after Dow's rally to 14000 mark
(DBN)

Aiming at Wall Street's 2nd Favorite Tax Break
(DBN)

Traders Search for Pullback Trigger as Fears Rise
(DBN)

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Layoffs:

A Case for College: The Unemployment Rate for Bachelor's-Degree Holders Is 3.7 Percent
(DBN)

How the IMF could save millions of jobs
(DBN)

Service sector grows in January, job index at seven-year high: ISM
(DBN)

Everybody Chill Out About the Rise of Robots
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Aviation:

Travel Agents Accuse Batavia Air of Bankruptcy Foul Play
(DBN)

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Retailing:

J.C. Penney Fight With Creditors Could Force Bankruptcy
(DBN)

51 companies that are revolutionizing retail
(DBN)

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Trucking:

Polar Corp. acquires Beall Transport Equipment assets
(DBN)

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Education:

Lon Morris College liquidations hearing: The art of the deal
(DBN)

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Municipalities:

Can Oakland Avoid Bankruptcy ?
(DBN)

Wrapping Up the Short, Successful Chapter 9 Case of Mammoth Lakes
(DBN)

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Banking:

Trustee’s lawsuit accuses Commerce of money laundering
(DBN)

The Curious Case Of Charter Bank
(DBN)

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Economy:

CBO: Deficit to Fall to $845 Billion --- Deficits to shrink through 2015, but debt to deepen: CBO
(DBN)

Why the U.S. Government Never Has to Pay Back All Its Debt
(DBN)

Chief Executives’ Confidence in U.S. Economy Improves in Survey
(DBN)

Most U.S. States See Gains in Economic Confidence in 2012
(DBN)

Monthly U.S. Economic Confidence Matches Five-Year High
(DBN)

Obama proposes short-term budget fix, Republicans swiftly object
(DBN)

CBO to U.S. Economy: You Are *This* Screwed in 2013 If the Sequestration Happens
(DBN)

Debunking the myth of the "hidden prosperity of the poor"
(DBN)

America's fiscal future: low growth, a slowly shrinking deficit and high unemployment
(DBN)

Fed Says Internal Site Breached by Hackers, No Critical Functions Affected
(DBN)

Boomers Aging Worse Than Past Generation
(DBN)

The Worst CEOs of 2012
(DBN)

8,830,026: Americans on Disability Hits New Record
(DBN)

Home Prices, Stock Rallies, and the Wealth of a Nation
(DBN)

Goldman predicts an unprecedented decline in government spending
(DBN)

Income Tax Can't Fund Government Americans Want
(DBN)

Sequestration and Social Services: Facing the Inevitable
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Home prices post biggest gains in over 6 years
(DBN)

Housing Already Shows Signs of New Bubble
(DBN)

NY judge finds Flagstar liable for $90.1 mln in mortgage case
(DBN)

Palm Beach mansion bankruptcy plan envisions $74M sale
(DBN)

Admitting New Partners in a Real Estate Workout
(DBN)

Florida's foreclosure king attorney faces possible bar discipline
(DBN)

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Brokers:

MF Global and Client Money Entitlements
(DBN)

Corzine's Crime of the Century
(DBN)

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Mass Torts:

BP Deepwater bill rises by $4.1bn
(DBN)

BP hit by new $34bn Deepwater Horizon claim
(DBN)

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Video Games:

Pioneering Videogame Firm Atari Gets Lifeline --- Former Atari CEO bids to save his old gaming company
(DBN)

Atari secures financing to fund day-to-day business while it evaluates strategic options
(DBN)

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Agriculture:

Grant Family Farms leaves hole in grocery stores
(DBN)

_____________

Alternative Energy:

Solar Parts Maker Satcon to Liquidate --- Seeks to liquidate after failing to find a buyer
(DBN)

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Aviation:

Ex-Comair chief Ryan Gumm tapped to run Pinnacle Airlines
(DBN)

Kingfisher Losses Mount As Planes Sit Idle
(DBN)

‘Million Miler’ lawsuit against airline is allowed to proceed
(DBN)

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Lehman:

Lehman Couldn't Handle the Risk Management Truth
(DBN)

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Student Debt:

Student loan risk already part of consumers’ FICO scores
(DBN)

Record Number of Graduates Default on Student Loans
(DBN)

New Frontier for the Yield-Hungry: Student Loans
(DBN)

Subprime Student Debt Is a Huge Red Flag
(DBN)

Student loan defaults: Yale sues over unpaid loans
(DBN)

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Fraud:

Nevin Shapiro's attorney Marc Levinson vague on details of agency acquisition
(DBN)

Trustee files reorganization plan for RRA bankruptcy
(DBN)

California Man Pleads Guilty in $80M Ponzi Fraud
(DBN)

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Software:

SCO Asks the Bankruptcy Court to Let It Destroy Its Business Records
(DBN)

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Credit Counseling:

Colorado AG settles with debt settlement company
(DBN)

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Religion:

Vatican official thanks media for uncovering Church abuse
(DBN)

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New Bankruptcy Opinions
(2 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (33 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (15 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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Miscellaneous:

The Year in Bankruptcy: 2012
(DBN)

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Bankruptcy Statistics:

New bankruptcy cases down again in Michigan
(DBN)

US commercial Chapter 11 bankruptcies fall 36 pct in January
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

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Professional Compensation:

Use Caution: New S.D.N.Y. Fee Guidelines Take Effect Today
(DBN)

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Sales:

Credit Bidding, Security, and The Obsolescence of Chapter 11
(DBN)

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Pensions:

PBGC takes over pension plan of auto parts manufacturer Findlay
(DBN)

______________

Celebs:

Attorney: Armstrong Won't Pay Back Bonuses
(DBN)

Lance Armstrong Under Investigation for Obstruction, Witness Tampering, and Intimidation
(DBN)

______________

TBTF:

Ally working to repay Treasury stock in "near future"
(DBN)

Q&A with Hank Greenberg and Larry Cunningham
(DBN)

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Corporate Reform:

US lawsuit casts blame for financial crisis on Standard & Poor’s; high ratings deemed fraud --- Says Analyst Wrote A Parody Of 'Burning Down The House' --- S&P E-Mails on Mortgage Crisis Show Alarm and Gallows Humor--- Justice Department Faces Uphill Battle in Proving S.& P. Fraud --- The Complaint
(DBN)

Financial Models at Heart of Lawsuit Against S.&P.
(DBN)

S&P Lawyer Says That DOJ Investigation Into It Accelerated After The 2011 Downgrade
(DBN)

S&P Attorney Abrams on U.S. Lawsuit --- S&P Won’t Employ First Amendment Defense in U.S. Ratings Lawsuit
(DBN)

The Chickens Come Home to Roost for Standard & Poor's
(DBN)

How S&P 'burned down the house'
(DBN)

U.S., S&P Settle In for Bitter Combat
(DBN)

Some S&P Analysts Weren’t Happy With S&P’s Whole “Trying To Rate Deals” Thing
(DBN)

Calif. attorney general sues Standard & Poor's
(DBN)

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Tax:

Foreigners' accounts in US banks eyed in tax crackdown
(DBN)

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Autos:

Fisker May be Bailed Out by China
(DBN)

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Shipping:

Overseas Shipholding Wins Approval of $25 Million Loans
(DBN)

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Debit/Credit Cards:

18 charged with stealing $200M by getting 25,000 credit cards for fake individuals
(DBN)

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UK:

Should the government red card the football creditor rule?
(DBN)

Cattles launches legal battle against former auditor PwC
(DBN)

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EU:

Hollande defies Berlin with call on currency
(DBN)

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PIIGS:

Massive Spanish Corruption Scandals Gets Weirder With Claims Of Forgery And Half-Truths --- “It is all untrue, except for some things” - Spain's prime minister on corruption charges --- Expect Long-Term Damage in Spain: JPMorgan --- Young and Stuck Spain's Well-Educated Move Back to Madre
(DBN)

Italy's Third Biggest Bank Is Expected To Reveal The Details Of 3 Bad Derivatives Trades That Cost Nearly $1 Billion
(DBN)

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Australia:

The bankrupt , the wheeler-dealer and the mysterious metals finder
(DBN)

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China:

China Police Chief Accused Of Having 192 Houses
(DBN)

China Just Approved A New Plan To Crush Income Inequality
(DBN)

______________

MENA:

Pakistan's 'Terror Tax'
(DBN)

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