January 29, 2013

The Daily Bankruptcy News

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Law:

Law School Applications Crater --- Law school applicants could drop below 60,000 for the first time in 30 years
(DBN)

When It’s Not The Case For You
(DBN)

Jones Day, DLA, Sullivan & Cromwell: Business of Law
(DBN)

‘The . . . Toxic Notion That You Hire The Lawyer, Not The Firm’
(DBN)

We Are Always Discounting
(DBN)

Saddest Job Application You’ll Read Today
(DBN)

Quote of the Day: Pink Slips Are Coming To A Firm Near You!
(DBN)

Biglaw Perk Watch: Tax Equalization for Same-Sex Health Benefits
(DBN)

Freshfields and Linklaters emerge as top financial services advisers
(DBN)

UK: Top firms reduce debt, cut staff costs and increase capital in response to downturn
(DBN)

For lawyers who travel to China, routine data security procedures aren't nearly sufficient.
(DBN)

Is Katie Holmes Going to Law School?
(DBN)

The Future of the American Law School or, How the 'Crits' Led Brian Tamanaha Astray and His Failing Law Schools Fails
(DBN)

Things you can do with a JD: Collect welfare benefits
(DBN)

Law School Transparency: Various matters
(DBN)

Academic conferences should be done electronically
(DBN)

Poll results: Which law school will be the first to close?
(DBN)

Can Lawyers Stay in the Driver's Seat?
(DBN)

Gambling addiction cited by debt collection lawyer who says he's under investigation and will give up law license
(DBN)

Lawyers Behaving Badly Get A Dressing Down From Civility Cops
(DBN)

Lawyers Sing for Civility
(DBN)

Was mid-trial DUI a set-up by lawyer’s opposing counsel --- Lawyer Caught in Alleged DUI Honey Trap
(DBN)

Akin treated bias plaintiff more favorably, at least once, because of her race, 2nd Circuit says
(DBN)

Mom of 5 who blames nonpayment on memory lapse must pay law firm
(DBN)

Inside 'unseemly' lead counsel fight
(DBN)

FBI manhunt for disbarred attorney publicized after 2010 indictment is unsealed
(DBN)

Privilege protects lawyer conversations with their firm's in-house counsel, ABA brief says
(DBN)

Casey Anthony May Become a Paralegal, Attorney Says
(DBN)

O.J. Simpson's Lawyer Reveals The Key To Winning The Trial Of The Century
(DBN)

Police: Woman choked blanket hog
(DBN)

'The Good Wife' Recap: God, Bankruptcy And Promotions In 'The Seven Day Rule'
(DBN)

Accused of extorting indigent clients to increase his fees, former public defender faces trial
(DBN)

Unlock Your Cell Phone: $1M Fine, 10 Years in Jail, Maybe Both
(DBN)

Milwaukee Sheriff: Don't Call 911, Arm Yourself
(DBN)

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Judges:

Sonia Sotomayor has no clue what it's actually like to be a lawyer these days
(DBN)

Judge Sings Broadway Tune To Lament The Rudeness Of Lawyers
(DBN)

Name of woman who sued over herpes infection is revealed after a suspended justice protests
(DBN)

Anonymous hacks Sentencing Commission website; is it releasing information on SCOTUS justices?
(DBN)

Chief birthday
(DBN)

Ex-judge says he was bribed by Ecuadorians' suing Chevron
(DBN)

______________

Wall Street:

US stock futures drift in pre-market action
(DBN)

‘Wall St.’ flees NY for tax-free Fla. --- Private Equity Firms/Hedge Funds: Will Northeast Corridor BigLaw follow the money to Palm Beach County?
(DBN)

Are stocks a sucker’s bet?
(DBN)

______________

Layoffs:

Robots kill middle-class jobs
(DBN)

The Darkest Predictions For The Robot Economy Put Future Unemployment At 50-75 Percent --- What Should We Do If Robots Do Take Our Jobs ?
(DBN)

Marines to shed 20,000 jobs
(DBN)

19 Awesome Jobs That Pay $80K Or More
(DBN)

This Is What You Need To Do After Losing Your Job
(DBN)

10 Phrases You Shouldn't Have On Your Cover Letter
(DBN)

Almost Half Overqualified for Their Jobs
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Retailing:

Up to a third of Barnes & Noble stores to close, report says
(DBN)

Jos. A Bank's worst nightmare is coming true
(DBN)

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Education:

Colleges Are Going To Start Going Out Of Business
(DBN)

School Specialty Inc. to file for bankruptcy --- School Specialty bakes sale into bankruptcy
(DBN)

Education Holdings 1 Prepacked Bankruptcy Is A Positive For Investors
(DBN)

______________

Aviation:

Report: American-US Airways merger talks in 'final stages'
(DBN)

AMR Bondholder Group Said to Favor Merger With US Airways
(DBN)

American Airlines battles a history of unsuccessful mergers --- Is American-US Airways merger ready for takeoff?
(DBN)

Union says ground workers at American Airlines would get immediate raises in event of merger
(DBN)

Latest court date set for co-owner of defunct Pace Airlines
(DBN)

Ground Dreamliner until problem solved
(DBN)

Your Biggest Carbon Sin May Be Air Travel
(DBN)

______________

Banking:

Former CEO of New Century Bank files for bankruptcy
(DBN)

FDIC releases list of 71 enforcement actions for December
(DBN)

RBS Said to Cut Bonuses to $393 Million as Libor Fine Looms
(DBN)

The Zombie Websites Of Dead Retailers
(DBN)

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Telecoms:

PowerWave files for bankruptcy
(DBN)

______________

Small Business:

Healthcare Costs, Taxes Worry U.S. Small Businesses Most
(DBN)

______________

Compensation:

Treasury watchdog takes aim at AIG, GM pay
(DBN)

______________

Economy:

Orders for Durable Goods in U.S. Rose 4.6%; Ex-Transport Up 1.3%
(DBN)

Fitch Backs Off on Downgrading US Debt
(DBN)

Paul Ryan: GOP Ready to Let Sequester Happen
(DBN)

Congress: US Deficit Wars Coming to an End
(DBN)

Dallas Fed Manufacturing Rises To 5.5, Beating Expectations
(DBN)

Fed waits for job market to perk up
(DBN)

Treasury 10-Year Yield Rises to 2% 1st Time Since April
(DBN)

U.S. Treasury to President: "Current Policy is Not Sustainable"
(DBN)

Why U.S. Income Inequality Is More Frightening Than Europe's
(DBN)

Why Americans still feel poor
(DBN)

Interest Rates Are Climbing, but May Not Last Long
(DBN)

Bernanke still chasing the elusive recovery
(DBN)

Don't Sweat a Budget Sequester: Honeywell CEO
(DBN)

US Facing Fresh Financial Shock to Economy
(DBN)

The 10 Business Schools For Getting Rich
(DBN)

Corporate America Squeezed Out It's Survival
(DBN)

Morgan Stanley Analyst: Every Investor I Met At Davos Was Worried About The Same Fed Scenario
(DBN)

The 20 Fastest Growing Countries In The World
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Pending Sales of Existing Homes in US Decreased 4.3%
(DBN)

‘The People’s Attorney’ radio host is charged in $10M mortgage fraud
(DBN)

Loan Buybacks: The Next Hand
(DBN)

Eminent Domain Proposals Shot Down in California
(DBN)

Banks To Specialty Mortgage Servicers: Take My Loans
(DBN)

Creditor alleges collusion in Vail Lake bankruptcy
(DBN)

Realtor president accused of diverting cash
(DBN)

Optimists Are Ignoring Two Key Points About The US Housing Recovery
(DBN)

Where Property Taxes Are Huge Compared To Property Values
(DBN)

____________

Art:

Museum to Lose 212 “Gifts” of Esmerian Folk Art to Bankruptcy Pool
(DBN)

______________

Photography:

Kodak seeks more time for bankruptcy plan
(DBN)

______________

Celebs:

They’re baaackkkk! … Randy and Evi Quaid are in the news again
(DBN)

______________

Food/Beverage:

Hostess Expects Bids for Drake's, Bread Brands --- Bids Firming Up
(DBN)

Hostess Selects Stalking Horse Bidders for Drake's® and Additional Bread Brands --- Bids for Hostess' Brands now total $440 million
(DBN)

In The Future, We Will Eat 60-Day-Old Bread
(DBN)

EuroFresh files for bankruptcy ,fields offer from NatureSweet --- 2nd bankruptcy
(DBN)

The Story Behind Little Debbie, Whose Owner May Buy Hostess's Drake's Brand
(DBN)

N.M. winery owner, facing collection on debt, files for bankruptcy
(DBN)

______________

MLM:

Federal, state regulators shut down Fortune Hi-Tech
(DBN)

______________

Brokers:

Peregrine Financial's ex-CEO's ex-wife sued over divorce money
(DBN)

______________

Ballet:

Bankruptcy won't stop the ballet
(DBN)

______________

Fraud:

Madoff Victims Can’t Sue SEC for Failed Oversight
(DBN)

How Identity Thieves Steal Billions in Fake Tax Refunds
(DBN)

Ex- Jefferies Trader Litvak Arrested for Securities Fraud
(DBN)

______________

Corporate Reform:

Obama recess appointees face calls for resignation
(DBN)

Obama plans to re-nominate Cordray as head of CFPB
(DBN)

_____________

Health Care:

Negative Outlook For Nonprofit Hospitals
(DBN)

12 Recent Hospital and Health System Layoffs
(DBN)

Health Care Spending Has Slowed for 3 Years
(DBN)

______________

Dairy:

Golden Guernsey owes $11.5M to creditors in bankruptcy
(DBN)

______________

Mass Torts:

Texas firm at center of asbestos fraud case seeks summary judgment
(DBN)

______________

Tax:

IRS can seek UBS records for taxpayers hiding income at Wegelin
(DBN)

10 Of America Strangest Federal Tax Laws
(DBN)

______________

Consumer Finance:

AG King blasts loan company bankruptcy
(DBN)

______________

Bankruptcy Crimes:

Buhl Man Pleads Guilty to Bankruptcy Fraud
(DBN)

______________

Marinas:

N. Idaho marina bankruptcy filing rejected
(DBN)

______________

Hotels:

What Adults Do In Hotel Rooms Takes Its Toll On LodgeNet
(DBN)

______________

Credit Reporting:

Simple Steps To Boost Your Credit Score By 100 Points
(DBN)

______________

Personal Finance:

Social Faux Pas Of Broke People
(DBN)

______________

Mail:

Post Office Now Officially on the Brink
(DBN)

______________

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 (37 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (33 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:

 

Interactive Bankruptcy Statistics Map
(DBN)

______________

Exemptions:

Exempt Assets May Be Surcharged to Remedy Debtor Misconduct
(DBN)

______________

Jurisdiction:

Colorado Bankruptcy Court Concludes it has Jurisdiction to Adjudicate Estate Counterclaims that are “Inextricably Linked” to Creditor’s Proof of Claim
(DBN)

______________

Executory Contracts:

If at First You Don’t Succeed, Don’t Try This! Delaware Bankruptcy Court Dismisses Debtor’s Tactic to “Circumvent” Third Circuit Decision Prohibiting Rejection of a Contract
(DBN)

______________

TBTF:

Treasury approved big pay raises at bailed-out AIG, Ally and GM, report says
(DBN)

______________

Litigation:

Getting a Grip on Litigation Holds
(DBN)

Document retention: Knowing how and when to destroy files
(DBN)

Creating an E-Discovery Model in a Company or Law Firm
(DBN)

Combing through the Big Data universe
(DBN)

How Civil Attorneys Can Seek Criminal Justice for Clients
(DBN)

Dropbox and the Impact of Personal Cloud Storage on ESI
(DBN)

The Case for Native
(DBN)

______________

Municipalities:

Michigan Gov. Snyder sees review team report in February
(DBN)

Blighted home that says Detroit is going bankrupt: Families flee leaving whole streets empty and broken because governor has not made enough cuts
(DBN)

Letter: Corvallis should be nervous at realistic prospect of bankruptcy
(DBN)

San Bernardino City Council imposes cuts on police, other unions
(DBN)

San Bernardino, already in trouble, now searches for new manager
(DBN)

RI: Capitol avoids bankruptcy with new pension plan
(DBN)

Displaced Sandy Victims Say City Housing Is Unlivable, Rodent-Infested
(DBN)

Best- and worst-run cities in America
(DBN)

Pivotal week in Jefferson County's attempts to solve its historic bankruptcy filing
(DBN)

Sandy Recovery Bill: The Details
(DBN)

Cities Where People Can't Find Work
(DBN)

______________

Celebs:

Casey Anthony sued for $100,000 by volunteer group which wasted days searching for missing daughter's body
(DBN)

Casey Anthony explains bankruptcy in interview --- The real reason Anthony filed for bankruptcy
(DBN)

Casey Anthony -- Kills It in Debt School
(DBN)

Casey Anthony leaves a Houston company in the lurch: Tot Mom flees debt, compared to O.J.

Lawyer: Casey Anthony 'living on kindness of friends'
(DBN)

Famous people who filed for bankruptcy
(DBN)

Canada to Randy Quaid: Time to Go
(DBN)

______________

Shipping:

Ship Owners Worry About Global Economy
(DBN)

______________

Coal:

Patriot Coal seeks trust to limit retiree health costs
(DBN)

Miners to stage mass protest over Patriot Coal bankruptcy
(DBN)

______________

UK:

Business insolvencies fall in 2012
(DBN)

Freshfields sees Bank of England fees drop as financial crisis work subsides
(DBN)

IT insolvencies increase by nearly a quarter in 2012
(DBN)

More than 100 insurance failures during 2012 
(DBN)

UK Firms Fear 'Downward Spiral'
(DBN)

Britain's Economy Is a Disaster and Nobody Is Entirely Sure Why
(DBN)

U.K. consumers reduced debt, increased savings in 2012
(DBN)

Premier in a dive after turnaround chief makes shock exit
(DBN)

______________

PIIGS:

Scandal of Italy's Monte Paschi means questions for Draghi --- Derivatives at core of bailout --- Seat PG suspends payment of 42.2 mln euro interest
(DBN)

Irish banks at mercy of international paymasters --- Fitch affirms Bank of Ireland support-driven ratings
(DBN)

Italy Sells Bills as Rates Drop to Lowest Since March 2010
(DBN)

ie: The Personal Insolvency Act 2012: A solution to our personal debt crisis?
(DBN)

______________

Canada:

The Biggest Housing Bubble in the World Is in ... Canada?
(DBN)

TD Joins Five Canadian Lenders in Moody's Credit Downgrade
(DBN)

_____________

France:

France Bankruptcy Comment, Labor Protests Put Sapin in Hot Seat
(DBN)

______________

Iceland:

Iceland Wins Case on 2008 Refusal to Cover Foreign Deposits
(DBN)

______________

MENA:

UAE to Issue New Bankruptcy Legislation Soon, WAM Reports
(DBN)

______________

Japan:

Welfare payments in Japan to be slashed 6.5% to root out 'comfortably poor'
(DBN)

______________

China:

Tripling in Debt to $1.7 Trillion Drags on Economy
(DBN)

______________

Australia:

Adelaide court declares former ABC founder Eddy Groves bankrupt
(DBN)

______________

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