July 1, 2013

The Daily Bankruptcy News

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Law:

Despite ‘fragile’ legal economy, managing partners say they don’t expect lawyer layoffs
(DBN)

The Weil Gotshal Layoffs - "Unthinkable . . . and Unavoidable" --- The True Cost of the Weil Layoffs
(DBN)

Which Firms Provide the Best Outside Counsel?
(DBN)

Goodwin, Minter Ellison, Pepper, Bingham: Business of Law
(DBN)

Q&A: Holland & Knight's Paul Kiernan
(DBN)

Want career satisfaction? Don’t chase money and prestige, lawyer survey suggests
(DBN)

Judge: Jefferson County can use sewer system revenues to pay bankruptcy legal fees
(DBN)

David W. Carickhoff Joins Archer & Greiner - Archer & Greiner
(DBN)

MoFo Wins Approval of ResCap’s Ch. 11 Plan Support Agreement
(DBN)

Ropes & Gray Obtains Supreme Court Review for Bankruptcy Client
(DBN)

Goodwin Procter to Close San Diego Office, Fire Staff
(DBN)

Jury awards $12.8M in negligence case against Stoel Rives and real estate leader
(DBN)

Good News For Divorce Lawyers, Bad News For Tax Lawyers?
(DBN)

50 simple ways you can market your practice
(DBN)

Ballard Spahr Merges With Stillman & Friedman, Enters NY Market
(DBN)

Bar President: 3Ls Should Get Paid for Internships
(DBN)

Law school graduates face tough job market, high student loan debt
(DBN)

Read This Before You Embarrass Yourself at a Summer Associate Lunch
(DBN)

Talent Assessment at Law Firms
(DBN)

Squire Sanders begins European and US managing partner selections
(DBN)

Law Dean ‘Retires,’ But We’re Not Sure It’s Voluntary
(DBN)

Law School’s Guerrilla Campaign To Inflate Its U.S. News Rank Turns Out To Be Too Dumb To Inflate Its U.S. News Rank
(DBN)

How to live up to your LGBT marketing
(DBN)

Baker & McKenzie Jumps to Office 2010 and Embraces Templates
(DBN)

Microsoft's Office App for the iPhone Scores Big — Really?
(DBN)

Cloud Computing Trend Raises Ethical Issues
(DBN)

Inquiry Points to Widespread Hacking By Law Firms
(DBN)

Texas Filibuster Star Rose From Teen Mom to Harvard Law
(DBN)

European officials lash out at new NSA spying report --- NSA reportedly has secret data collection agreement with several European countries --- Germany compares to 'Cold War' --- Rice: NSA leaks didn’t weaken Obama --- Retired general target of leaks probe --- Assange: More Revelations Coming --- Senators Accuse Gov't of Secret Law to Get Data --- Big Government is the Problem, Not Snowden --- How The NSA Collects Contents Of Internet Traffic
(DBN)

Hernandezing! --- SUV Towed From Hernandez's Uncle's Home Matches Vehicle Sought In Double Murder Case
(DBN)

Another NFL player arrested on gun charges
(DBN)

'How Rachel Jeantel went from star witness to train wreck' --- Witness Says He Thinks George Zimmerman Yelled For Help As Trayvon Martin Straddled Him --- Why Black People Understand Rachel Jeantel
(DBN)

Photo booth pictures lead to arrest of credit card fraudsters
(DBN)

Thief ID by name tattooed on arm
(DBN)

Public School Kids Trash Multi-Million Dollar Home In End-Of-Finals Party
(DBN)

Lawyerly Lairs: Legal Eagles Sell Their $3 Million Nest
(DBN)

Vermont law firm manager charged with embezzlement
(DBN)

Former NJ law firm partner sentenced for embezzlement
(DBN)

House arrest for disbarred lawyer in $400K client theft; another gets time in $885K case
(DBN)

Patton Boggs' Fee Fight Will Remain Public
(DBN)

A Fresh Look at Advance Waivers
(DBN)

'Joker' to wear harness anchored to floor during trial
(DBN)

Elderly man who picked dandelions for food gets $75 ticket
(DBN)

Six Gun Toting Alcohol Agents Pounce On College Kid Buying Bottled Water
(DBN)

Indian Government: Casual Sex Means You're Legally Married
(DBN)

Judge Orders Town's speed Cameras Seized, Fines Reimbursed
(DBN)

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Judges:

Judges in secret court upset with their portrayal
(DBN)

Is Anthony Kennedy 'the first gay justice'?
(DBN)

5 Things About Justice Ginsburg (That You Might Not Know)
(DBN)

Lawyers Group Raises Concerns over Judicial Budget Cuts
(DBN)

What Does It Mean When Scalia Loses It?
(DBN)

Don’t let DOMA fool you — the Supreme Court is restricting your rights
(DBN)

SCOTUS: Slew of Pro-Business Rulings
(DBN)

Supreme Court term ends with no easy way to label it
(DBN)

What's on Tap for Next Term
(DBN)

The Real John Roberts Emerges
(DBN)

The Talented Justice Kagan
(DBN)

The not-so-reclusive justices
(DBN)

Supreme Court Clerk Hiring Watch: That’s So Gay
(DBN)

From sharecropping to the U.S. Supreme Court
(DBN)

______________

Wall Street:

Stock futures higher ahead of manufacturing data
(DBN)

Markets Brace for Post-Fed World
(DBN)

TrimTabs reports bond losses amounting to US$47.2 billion in June
(DBN)

EU watchdog: looks like investment banks colluded
(DBN)

______________

Layoffs:

44% of College Grads are Underemployed
(DBN)

Thanks for nothing, college!
(DBN)

Chart: Job Recovery by Metro Compared to Pre-Recession Peak Employment
(DBN)

WARN Act Decision: How Private Equity Might Avoid “Single Employer” Status
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Religion:

'Prepare to be shocked,' Milwaukee archbishop warns of priest sex files --- Timeline
(DBN)

550 people in Milwaukee archdiocese file sex-abuse claims
(DBN)

St. Callistus Catholic Church moves to Crystal Cathedral site
(DBN)

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Bankruptcy Crimes:

Politician Hart may face criminal charges
(DBN)

____________

Bigamy:

Stanton bankruptcy trustee seeks ex-wife's financial records
(DBN)

____________

Retailing:

Orchard Supply Gets Approval to Hold Store Closing Sales
(DBN)

____________

Non-Profits:

Goodwill: How CEO Brad Burger turned the KC company around
(DBN)

____________

Television:

Trustee Who Won Big Judgment Against Luken Asks Lifting Of Automatic Bankruptcy Stay
(DBN)

____________

Gold:

BlackRock’s Hambro Says Gold Slump May Lead to Bankruptcies
(DBN)

____________

History:

Did the Founding Fathers Have Bad Credit?
(DBN)

____________

Economy:

Fed Officials Weigh In on Bernanke Comments
(DBN)

Fed’s Williams: Fed Bond Buying Outlook Depends On Economy
(DBN)

How Next Debt-Ceiling Fight Could Play Out
(DBN)

It's A Massive Week For The US Economy
(DBN)

Jobs Report Dominates Holiday-Shortened Week
(DBN)

Consumers’ Hopes Running Ahead of Paychecks
(DBN)

Banks sell record sums of US debt... Investors pull $23.3 billion out of funds -- in week --- 'Unprecedented' $80 Billion Pulled From Bond Funds
(DBN)

Food Prices Linked to Obesity Rates
(DBN)

How Many Jobs Are Needed Between Now And December To Reach The Fed's Target For Tapering?
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

Deutsche Bank Settles LA Foreclosure Case
(DBN)

Shadow Inventory Still Haunts Banks
(DBN)

Institutional investors sidelined while GSEs' future hangs in limbo
(DBN)

Southeastern housing markets remain lackluster due to shortages
(DBN)

Raleigh: William Peace University announces purchase of Seaboard Station
(DBN)

Investors raise concerns on reps and warrants as RMBS market improves
(DBN)

____________

Hotels:

Reorganizing a “Refuge from Home Life”: Debtor Rides Rising Hotel Market to Cramdown Confirmation
(DBN)

____________

Banking:

Has a Banking Superman Met His Kryptonite?
(DBN)

With FDIC Help, John Kanas Remakes Subprime Lender BankUnited
(DBN)

Tiny New Jersey Bank Accounts for Quarter of Fed Discount-Window Loans
(DBN)

____________

Environmental:

Kodak sheds its environmental worries
(DBN)

___________

Compensation:

An Unstoppable Climb in C.E.O. Pay
(DBN)

The World's Most Outrageous Pension Deal?
(DBN)

____________

Hollywood:

With Tom Cruise, Brad Pitt and Will Smith flopping, what next for Hollywood?
(DBN)

____________

Alternative Energy:

Suntech strikes yet another deal with bondholders
(DBN)

____________

Aviation:

American Airlines officer gives glimpse inside meetings held last week
(DBN)

Airline recruits women -- to save fuel
(DBN)

____________

Mass Torts:

The Pros and Cons of an Asbestos Bill
(DBN)

____________

Fraud:

Arizona executives sentenced in ND bank fraud case
(DBN)

Supreme Ct. to consider fight over frozen assets
(DBN)

The confessions of Andy Fastow
(DBN)

____________

Health Care:

Trustee gains authority to sell Saint Catherine land, building
(DBN)

Study: Americans Less Healthy Than They Think
(DBN)

7 Ways Businesses Can Dodge Obamacare
(DBN)

50% of States Give Up Billions on Medicaid
(DBN)

____________

Awards:

Restructuring Team of the Year shortlisted firms pulled a diverse range of companies - and even a country - back from the brink last year
(DBN)

Hillary Rodham Clinton to receive ABA’s highest award
(DBN)

____________

Municipalities:

Experts: If Detroit files for bankruptcy, case likely to stay local
(DBN)

Brace yourself for bankruptcy , Detroiters
(DBN)

Caught in a political web, DIA ponders fate amid complex bankruptcy talks
(DBN)

Detroit: Looks like a case of while Nero plays ...
(DBN)

New players could come into the city with a Detroit bankruptcy
(DBN)

Sell Detroit
(DBN)

Downtown Detroit tenants hold meeting to fight back against evictions
(DBN)

Rogue Detroit councilman staying at Seattle Hotel
(DBN)

Curry County on brink of insolvency
(DBN)

One Year Later: Bankrupt Stockton Making Strides, But Recovery Time Unknown
(DBN)

Initiative to change pension system could bankrupt city, Tucson official warns
(DBN)

13 Cook County Municipalities In Worse Shape than Bankrupt Stockton, Calif.
(DBN)

Alabama county files exit plan to end $4.2 billion bankruptcy
(DBN)

JPMorgan to pay JeffCo $3.4M
(DBN)

____________

Brokers:

MF Global recordings show Corzine 'can't play deaf and dumb and blind'
(DBN)

Where’s the Corzine criminal probe? --- Here's Why There Will Be No Criminal Charges In The MF Global Case
(DBN)

New Insight into MF Global's Frenzied Final Days
(DBN)

Corzine Defense to Misuse of Customer Cash Is Off Point
(DBN)

____________

Magazines:

Reader's Digest Association Plan Of Reorganization Approved By Court
(DBN)

____________

Defense:

Armor maker mired in dispute
(DBN)

____________

Distressed Investing:

Hedge Funds: How They Invest Their $2.4 Trillion War Chest
(DBN)

____________

Tech:

Micron, Elpida to complete merger in August, say observers
(DBN)

____________

Startups:

33 Startups That Died Reveal Why They Failed
(DBN)

____________

Defaults:

Fitch: Mid-Year Default Activity Steady with 2012; Market Size and Composition Evolve
(DBN)

____________

Electricity:

Bankruptcy case lurches on: SME settlement discussions heat up
(DBN)

____________

Student Debt:

Sen. Warren spars with student lender Sallie Mae over loan rates --- Sen. Warren's Bill Gets Cold Shoulder as Student Loan Rates Spike
(DBN)

____________

New Bankruptcy Opinions
(5 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (43 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (43 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)

______________

Finance:

Committee's Attack upon Lender's Make-Whole Premium Denied
(DBN)

____________

SIPA:

Bankruptcy Court Finds Some Repo Participants Are Not SIPA "Customers"
(DBN)

____________

Plan Confirmation:

Two Recent Circuit Court Decisions on Cram Down
(DBN)

____________

UCC:

The 2010 Amendments to Article 9 of the UCC: A Primer
(DBN)

____________

IP:

Intellectually Bankrupt?: The Comprehensive Guide to Navigating IP Issues in Chapter 11
(DBN)

____________

Sales:

Credit Bid: “This Is Not Rocket Science”
(DBN)

____________

TBTF:

Big banks' bankruptcy plans not up to snuff
(DBN)

___________

Litigation:

Judge Steals the Show at Georgetown E-Discovery Program
(DBN)

____________

Autos:

Delaware Gov. Markell: Fisker has 2 options for future
(DBN)

Old GM creditors to mediate dispute over $3 billion in claims
(DBN)

Is GM's recovery for real?
(DBN)

GM now using taxpayer money to create jobs in Mexico
(DBN)

Tesla Speeds Ahead with $35,000 Car
(DBN)

____________

Celebs:

Bankruptcy Plan OK'd for Anna Nicole's Stepson
(DBN)

The Broke and the Beautiful: Cable Ready Edition
(DBN)

Jimmy Carter Gives Advice to Paula Deen ---Paula Deen is being persecuted, her robber says
(DBN)

____________

Banking:

Federal agency declares Ochsner credit union insolvent
(DBN)

____________

Sovereigns:

Argentine approach on YPF settlement sets floor for deal
(DBN)

____________

UK:

Administrations up once more
(DBN)

Number of Scottish firms going bust falls 73%
(DBN)

Restructuring & Corporate Recovery Update - June 2013
(DBN)

PPF to take on UK Coal pensions
(DBN)

Starting UK insolvency proceedings against a company already in insolvency in another member state.
(DBN)

UK Economy: Pre-Crisis Levels to Remain Elusive
(DBN)

Business outlook improves as insolvencies fall in some UK regions
(DBN)

PwC accused of helping NHS avoid tax
(DBN)

Better pension payoff for longer workers in company insolvency
(DBN)

£1.86bn lost for retail creditors
(DBN)

Fraud squad probing Craig Whyte's Rangers takeover --- Takeover probe deepens
(DBN)

Better news for construction sector
(DBN)

Insurance insolvencies doubled in May
(DBN)

____________

EU:

Axel Springer eyes cost cuts of over 20 million euros: CEO
(DBN)

Euro-zone unemployment hits record high
(DBN)

PMI: Europe is Coming Back
(DBN)

____________

PIIGS:

US court decision on Dunne bankruptcy fate due --- Business failures slow --- Merkel, Kenny slam former Irish bank directors --- Ireland risks slip from EU poster boy to problem child
(DBN)

Spain lenders brace for tough year-end as new rules bite --- Spanish PMI Rises To 50, As New Business Increases For The First Time Since April, 2011
(DBN)

Italian Manufacturing Shows Big Improvement — Production Increases For The First Time In Nearly 2 Years
(DBN)

____________

Canada:

Lounor Exploration Files Notice of intent under the Bankruptcy and Insolvency Law
(DBN)

____________

Germany:

German PMI Shrinks In June
(DBN)

____________

France:

Big Upturn In French PMI
(DBN)

____________

China:

China's Message to Banks: No More Easy Money, Lax Oversight
(DBN)

Why China May be Headed Towards a Crash
(DBN)

____________

Vatican:

'Monsignor 500' and suitcases full of cash in Vatican bank scandal --- Vatican Accountant Accused of Smuggling $26 Million in Private Jet With Ex-Italian Spy
(DBN)

____________

Austria:

So Far Three Construction Companies Involved in Take-Over of Alpine
(DBN)

____________

MENA:

Recent Developments in Insolvency and Restructuring in the Middle East
(DBN)

Egypt braces for storm --- Morsi defiant --- Millions Protest --- Staggeringly Huge --- Muslim Brotherhood Headquarters Get Completely Ransacked
(DBN)

____________

Australia:

Australia's Manufacturing Sector Shows Major Improvement
(DBN)

Pawnbrokers Thriving as Poorest Aussies Bear Brunt of Slowdown
(DBN)

____________

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