June 14, 2013

The Daily Bankruptcy News

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Law:

Howrey's art collection: Not so valuable after all
(DBN)

Judge disqualifies Winston & Strawn in San Bernardino bankruptcy
(DBN)

Skin in the Game: Mixed Hourly and Contingent Fee Billing
(DBN)

Lawyer Suspended Two Years for Gaming Bankruptcy Court Process
(DBN)

Boutiques
(DBN)

Bank’s new cybersecurity audits catch law firms flat-footed
(DBN)

Female Attorneys Urged to Wear Less Revealing Outfits
(DBN)

Eric Holder Wants to Stop and Frisk the NYPD
(DBN)

Homeless Lawyer’s Pursuit of Happiness
(DBN)

After Classified Briefing Lawmaker Says NSA Revelations Are Only 'The Tip Of The Iceberg' --- N.S.A. Chief Says Phone Logs Halted Terror Threats --- NSA Scandal: US's Slippery Slope
(DBN)

The Government is Watching You
(DBN)

Could NSA surveillance help an accused bank robbery conspirator? His lawyer thinks so
(DBN)

How Much Did It Cost To Build Lego Law School?
(DBN)

The biggest changes coming to your iPhone
(DBN)

Lawyer Comes to Rescue of Bride and Groom
(DBN)

Lawyer is charged with assaulting co-worker after forcing his way into her home
(DBN)

10 Year Old Drives Drunk Grandma Home
(DBN)

Clifford Chance embarrassed by protesting cleaners
(DBN)

Law firm takes five years to reply to candidate
(DBN)

Law Firm Website of the Week: Saturday Night Fever Edition
(DBN)

Ladies, Is Your Firm on the List?
(DBN)

Say What?!
(DBN)

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Judges:

Justice Kagan Channels Tommy Tutone in SCOTUS Decision
(DBN)

Chief Justice Roberts assigns DC Circuit to review complaint against 5th Circuit judge --- Rare Formal Review Of Allegedly Racist Judge
(DBN)

Newly appointed judge is arrested and suspended without pay
(DBN)

Judge creates a stir by developing a dress code for female attorneys
(DBN)

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Wall Street:

US Stock Futures Signal Flat Open On Friday --- Stock Futures Fall Ahead of Data
(DBN)

Markets Going Nowhere After Weak Session In Japan
(DBN)

Stocks close more than 1 percent higher, Dow spikes over 15000
(DBN)

It Finally Comes Out: Elite Traders Are Getting Access To Data Before Everyone Else
(DBN)

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Layoffs:

RBS Cutting 2000 Jobs, As CEO Announces Departure
(DBN)

Initial jobless claims drop to 334,000
(DBN)

IBM layoffs update: Details on IBM job cuts surface
(DBN)

JPMorgan Cuts more Jobs
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Coal:

Patriot Coal Denies Walking Out Of Talks With Mine Workers Union --- Patriot Coal: Union 'distorted' facts on negotiations
(DBN)

Eastern US coal producer, union to resume negotiations
(DBN)

Union miners plan rally Monday in St. Louis
(DBN)

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Aviation:

American Airlines Parent Can Buy Back Bonds Tied to Airplanes
(DBN)

We’re looking for American Airlines to exit bankruptcy and merge with US Airways by the end of August
(DBN)

American Airlines plans to pack more people onto its planes --- American: We Know How to Make Flying More Miserable and We'll Do it
(DBN)

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Fraud:

Louis Pearlman Trustee Files Plan to Pay Jilted Investors
(DBN)

The Link Between Money And Corruption Is Far More Insidious Than We Thought
(DBN)

____________

Defaults:

Surge in defaults seen for $1T bond market
(DBN)

____________

Lehman:

St. Petersburg City Council approves $11.1 million settlement with Wells Fargo
(DBN)

____________

Economy:

Retail sales, jobs data show underlying economic strength
(DBN)

Weekly jobless claims drop by 12,000
(DBN)

Rail Traffic Continues To Stagnate
(DBN)

America Is Feeling Less Industrious
(DBN)

Rural America Loses Population for First Time
(DBN)

The Fed's other trillion dollar problem
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Freddie Mac: 30-year mortgage rate rises to 3.98%, 14-month high
(DBN)

Fed Board Couldn't Be Bothered to Vote on Multi-Billion Foreclosure Settlement
(DBN)

In re MDC Systems, Inc.: 502(b)(6) “Surrendered” to Common Sense
(DBN)

Fannie Mae housing outlook sees smoother road ahead
(DBN)

Refinancings Plunge as Bond Yields Rise
(DBN)

The Foreclosure Problem Just Got Worse In Nevada And Florida
(DBN)

Housing heat dissipates as supply begins to meet demand
(DBN)

Foreclosures Jump as Banks Bet on Rising US Home Prices
(DBN)

Lawyer takes plea in ex-police officer’s $4.7M real estate investment swindle
(DBN)

$42 million Mansion Sale Helps Resolve Bankruptcy
(DBN)

Palm Beach County Developer Settles With BBX Capital For $44 Million
(DBN)

Bidding War Breaks Out For 2 Boston Parking Spaces
(DBN)

Wealthy Towns Are Running Out Of Mansions
(DBN)

Terms set for some Triad Guaranty transfers
(DBN)

____________

Student Debt:

Federal Government Profiting Handsomely Off Your Debt
(DBN)

IBR May Not Bar Some Student Debtors from Shedding Debt
(DBN)

Student Loan Twofer: Both Senate Rate Cap Bills Shot Down
(DBN)

The Student Debt Crisis Is Everyone's Problem
(DBN)

US's Boehner:Admin Has 'Cynical" Strategy On Student Loan Bill
(DBN)

Obama's Republican Student - Loan Plan
(DBN)

4 Signs You Shouldn't Cosign That Student Loan
(DBN)

____________

Religion:

Stockton bishop addresses sexual abuse, diocese bankruptcy
(DBN)

____________

Municipalities:

San Bernardino Judge Bars Law Firm From Bankruptcy Case --- CalPERS wins round in city's bankruptcy case
(DBN)

Stockton Retiree Group Accepts $5 Million Settlement
(DBN)

Closed-End Funds and ETFs Face Detroit Bankruptcy Risks After Downgrade from S&P
(DBN)

Detroit Yielding 16% Drives Nuveen Bet on Repayment
(DBN)

Moody's cuts Detroit bond ratings on bankruptcy risk
(DBN)

Key players in city restructuring
(DBN)

Insurers, not mutual funds, would take the hit if Detroit debt goes bad
(DBN)

Creditors to meet with Detroit's emergency manager --- Detroit creditors brace for haircuts, or worse --- Stakes high as Orr asks creditors today for big sacrifice --- Detroit Emergency Manager Bans Mobile Phones at Creditor Meeting
(DBN)

AG opinion: Art pieces can't be sold to pay debt
(DBN)

Detroit's darkest days
(DBN)

Law being proposed could dissolve Pontiac schools, other struggling districts --- House passes bill to dissolve insolvent school districts
(DBN)

Most Dangerous Cities In America
(DBN)

____________

Food/Beverage:

Ten years on, reborn Parmalat is still fighting legal battles
(DBN)

The 9 Deadliest Foods On The Planet
(DBN)

____________

Politics:

Trustee seeks Schroeder's financial papers
(DBN)

Approval of Congress Hits New Record Low
(DBN)

Federal judge clears way for foreclosure on former Rep. Hart's log home
(DBN)

There Is Still No Conservative, Pro-Middle Class Agenda
(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 (16 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (10 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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Poetry:

"Perfect, Tender" - a U.C.C. Love Poem
(DBN)

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Miscellaneous:

Commercial Restructuring & Bankruptcy Alert
(DBN)

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Guarantors:

Satisfaction Not Guaranteed – Claims Against Guarantors in Bankruptcy
(DBN)

____________

Jurisdiction:

Use it or Lose it: Waiver of Article III Adjudication in a Post- Stern World
(DBN)

____________

Safe Harbors:

Circuit Court Affirms Broad Reading of Safe Harbor
(DBN)

____________

Cross-Border:

Establishing an Establishment – An Olympian hurdle?
(DBN)

____________

Recent Pleadings:

Objection Says Virgin Offshore Plan Shortchanges P&A Liabilities --- Brief
(DBN)

DLA Dodges Malpractice Claim From Insolvent Hospital
(DBN)

______________

Oil/Gas:

US Shale Boom Might End Soon
(DBN)

ATP, DIP Lenders At Odds Over Budget, Look For Path Forward
(DBN)

Struggling for Cash, ATP Abandons Gomez Oil Drilling Field
(DBN)

____________

Alternative Energy:

How China’s solar boom fizzled and went bust 10 hours ago
(DBN)

____________

Autos:

IBM denying services to clients of Better Place post- bankruptcy
(DBN)

____________

Insurance:

Federal Insurance Office (Finally) Issues Its First Report
(DBN)

____________

Celebs:

CNET Founder Minor's Bankruptcy Dismissed Over Missed Deadline
(DBN)

____________

Engineering:

Birdsall Pleads Guilty In Corruption Scheme
(DBN)

____________

Banking:

Elizabeth Warren pushes two-tiered banking regulation
(DBN)

____________

UK:

Liz Bingham talks insolvency
(DBN)

Madoff's UK operation was 'warehouse' for 'stolen money'
(DBN)

____________

EU:

Buba Vice President: Common European Insolvency Law Won't Happen in Next Decade
(DBN)

European M&As could rise despite risks, unstable economy
(DBN)

Euro-Zone Risks Return to Fore
(DBN)

____________

MENA:

UAE bankruptcy law needed to develop financial markets
(DBN)

UN says more accountability needed on Afghanistan's Kabulbank scandal
(DBN)

____________

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Copyright 2013