January 15, 2013

The Daily Bankruptcy News

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Law:

Report: The Boom Years Are Not Coming Back, Get Used to It --- Tide out for law firms --- Boom years for law firms were an aberration, report says
(DBN)

Report on law firm industry is cautiously optimistic for 2013
(DBN)

Matt Covington Joins Conway Mackenzie As Managing Director And Head Of Los Angeles Office
(DBN)

Trio of Am Law Firms Advising as Bankrupt Hostess Taps Buyer for Brands
(DBN)

Linklaters takes lead legal role as HMV enters administration
(DBN)

You Can Have a Brilliant Career (Even if Paul Weiss Disses You)
(DBN)

Biglaw: Welcome to the New Normal (Which is not unlike the old normal.)
(DBN)

Indictment: Ex-Mayer Brown CIO helped bilk law firm of $4.8M in vendor billing and kickback scheme
(DBN)

Forced Flu Shots? Can’t Sick People Just Stay Home?
(DBN)

When Nothing’s Working
(DBN)

Prospective juror who Googled murder defendant gets unusual sentence
(DBN)

Are You Desperate Enough to Pay for Legal Experience?
(DBN)

BigLaw -- Is There a Woman Problem?
(DBN)

Stop The Audit Letter Lunacy!
(DBN)

One in five UK firms likely to seek external investment
(DBN)

Is the New York 50 Hour Requirement Changing the Future of Law Student Pro Bono?
(DBN)

London firms lead 'living wage' scheme
(DBN)

5 Signs You Need to Leave Your Law Firm Job
(DBN)

Dean of unranked law school may be highest-paid in nation
(DBN)

Law School Transparency: Bust out
(DBN)

Famous Author Reveals You're Never Too Old To Regret Going To Law School
(DBN)

What, You Thought the New England Law Dean Worked for Free?
(DBN)

No more 3Ls? Proposal would let law students skip their third year
(DBN)

Dean’s Ouster Inspires Outrage From Trustees, Joy From Students
(DBN)

200 brawl at baby shower
(DBN)

Two Deaf Twins In Belgium Allowed To Die In Unique Euthanasia Case
(DBN)

How two pals from torts class are getting a shot at stardom
(DBN)

Say What?!
(DBN)

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Judges:

Quote of the Day: Justice Thomas Speaks!
(DBN)

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Wall Street:

Stock futures track lower after Bernanke speech
(DBN)

Stocks End Mixed
(DBN)

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Layoffs:

Chapter 11 for the Labor and Employment Law Practitioner
(DBN)

Thousands apply for 200 jobs at Target
(DBN)

Former Hostess workers scramble following job loss
(DBN)

The Rise of Robots and the Decline of Jobs
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Mass Torts:

Supreme Court Seeks Views On Pfizer Bid To Block Quigley Asbestos Lawsuits
(DBN)

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Alternative Energy:

Centrotherm confident of exiting insolvency soon
(DBN)

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Consultants:

Deloitte Acquires Strategic Consulting Firm Monitor
(DBN)

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Brokers:

Peregrine Financial's ex-CEO faces sentencing on Jan. 31
(DBN)

Direct Markets Holdings files to liquidate
(DBN)

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Health Care:

Fitch Cuts West Penn's Credit Rating to "C"
(DBN)

Court Says State Went Too Far in Receivership of Insolvent Fla. CCRC
(DBN)

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Economy:

Why the platinum coin is off the table
(DBN)

A US Default Would Be The Financial Equivalent Of This Painting Of Hell
(DBN)

Tim Geithner Sends Letter To Congressional Leaders About Timing And Consequences Of Hitting The Debt Ceiling
(DBN)

GOP Governors to Shift Taxes onto Consumers
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Home sales up 6% in 2012, first gain since 2005
(DBN)

National foreclosure inventory drops: LPS
(DBN)

Blavatnik Takes JPMorgan to Trial for Subprime Loss
(DBN)

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Awards:

Kramer Levin's Corporate Restructuring and Bankruptcy Practice Selected as One of Law360's Top Bankruptcy Practice Groups of 2012
(DBN)

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Education:

TX: State's Oldest Junior College Goes On The Auction Block
(DBN)

Lon Morris College auction to continue Tuesday in Dallas
(DBN)

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Media:

Tribune Co. buyout and bankruptcy: Culture shock
(DBN)

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Aviation:

AMR shares surge again, hit 52-week high
(DBN)

American Airlines firms up orders for 787, 737 MAX
(DBN)

AMR Shares Are Still Fool's Gold
(DBN)

Boyd Group: There’s very little route overlap between US Airways, American Airlines
(DBN)

Lawsuit: ‘Sham’ United office dodges sales taxes
(DBN)

Bankruptcy: American Airlines seeks fifth exclusivity extension, through April 1
(DBN)

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Food/Beverage:

Dippin' Dots bankruptcy case at end
(DBN)

Flowers unit bids for Wonder bread
(DBN)

Flowers Foods Isn't Loafing Around
(DBN)

Unions may face uphill climb if Flowers buys Hostess assets
(DBN)

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Alternative Energy:

Solar Trust of America: A Look At The Company In Chapter 11
(DBN)

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Dairy:

With Golden Guernsey's Bankruptcy, Is Wisconsin Losing Its Dairy Dominance?
(DBN)

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Publishing:

Closing the Book on Bankruptcy - How Houghton Mifflin Harcourt purged its balance sheet of a debt load that was devouring its operating cash flow
(DBN)

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Corporate Reform:

SEC settlements reach highest level since 2007
(DBN)

JP Morgan faces enforcement actions: report
(DBN)

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Personal Finance:

13 Common Mistakes That Can Blow Your Finances
(DBN)

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Recycling:

Fifth Third Bank is biggest lender in Wood Energy Group bankruptcy
(DBN)

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Mail:

U.S. Postal Service directed to speed up cost-cutting measures
(DBN)

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Municipalities:

Bankruptcy Court Denies Request To Allow Officials the Right to Challenge Jefferson County Decision
(DBN)

California Could be Next Oil Boom State
(DBN)

A Poorer San Bernardino, and a More Dangerous One, Too
(DBN)

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Banking:

Barclays, Deutsche Bank to cut pay up to 20 percent: sources
(DBN)

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Fraud:

Allen Stanford victims to receive $55 mln under receiver plan
(DBN)

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New Bankruptcy Opinions
(1 new opinion today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (27 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (21 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:

2012 Year in Review – Part 2
(DBN)

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Bankruptcy Statistics:

MD PA: Bankruptcy filings drop in 2012
(DBN)

2012 Nebraska bankruptcy filings drop 12 percent
(DBN)

Bankruptcies keep falling in WNY, US
(DBN)

NC: Wake bankruptcies continue to go down
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

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Bankruptcy Bonuses:

U.S. Trustee Balks at ResCap's 'Ordinary Course' Bonus Plan
(DBN)

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Automatic Stay:

S.D.N.Y. Bankruptcy Court Weighs the “Lease or Rental Agreement” Requirement of Section 362(b)(22)of the Bankruptcy Code
(DBN)

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Recent Pleadings:

In Case Already Inflamed With Counsel Conflict Allegations, Creditors Seek To Remove Trustee As Well
(DBN)

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Autos:

US stake sale of GM to revive image
(DBN)

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TBTF:

Too Rich to Lose Money? AIG, the Takings Clause and the Roberts Court
(DBN)

Who owns AIG's MBS fraud claims? Billions ride on the answer
(DBN)

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Sovereigns:

Ex-Argentina Central Banker Allowed to File Bond Argument
(DBN)

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UK:

Banks under pressure over deferred bonus plan
(DBN)

Times are hard: Westlife's Shane Filan left with just his wedding ring
(DBN)

50 management jobs to go at Insolvency Service
(DBN)

Tough approach from HMRC signals insolvency risk
(DBN)

The crunch bunch
(DBN)

HMV stops accepting vouchers as administrators are called in --- HMV leaves social gap in High Street
(DBN)

12,679 retailers have a high risk of insolvency
(DBN)

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EU:

EU Factory Output Falls Again
(DBN)

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PIIGS:

Greek-Cypriots Flee to Arab Countries For Jobs --- Lagarde Backs Reforms, Says Revenues Needed --- Tsipras Wants Bailout Terms Revised --- Schaeuble Tells Tsipras No Option to Austerity --- Greece Asks EU Help To Catch Tax Cheats --- Electric Bills Up 9%, Government Agencies Won’t Pay --- Greece passes key tax increases --- Greece faces decision over tax evasion scandal
(DBN)

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Canada:

Court dismisses fraud charges against 3 Nortel execs
(DBN)

Former Nortel executives claim ‘vindication’ after fraud acquittal
(DBN)

Nortel Creditors Start Mediation on Splitting $9 Billion
(DBN)

Mapping bankruptcy
(DBN)

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Germany:

German Growth Slowed as Debt Crisis Dampened Investment
(DBN)

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MENA:

Swiss hold Mubarak millions as Egypt remains volatile
(DBN)

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Russia:

Ryazan Region Reportedly Heading to Bankruptcy
(DBN)

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Australia:

Bond Risk in Australia Rises, Credit-Default Swap Prices Show
(DBN)

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Belize:

Belize Rejecting Argentine Default Model Spurs Region-Best Rally
(DBN)

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