June 17, 2013

The Daily Bankruptcy News

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Law:

NLJ 350 Regional Report: The Hot Markets, and the Cold
(DBN)

NYLJ 100: Regional Firm Growth Outpaces Larger Firms in 2012
(DBN)

Largest Law Firm Offices in the United States
(DBN)

The Reasons Behind Epstein Becker's Atlanta Retreat
(DBN)

The 9,000 Hour Man
(DBN)

Sullivan & Cromwell, Haynes & Boone: Business of Law
(DBN)

Nationwide Layoff Watch: Secretarial Separations Softened By Substantial Severance
(DBN)

Retired partner sues Patton Boggs, says firm discriminated by cutting his pay when he hurt his back
(DBN)

SJ Berwin revenue rises as firm prepares for 10 per cent PEP drop
(DBN)

Daily Routines of Smaller Firms Still Bedeviled by Storm
(DBN)

Howrey bankruptcy could bankrupt communities
(DBN)

Ladies, Just Because It’s Summertime Doesn’t Mean You Can Show Skin in Court
(DBN)

Lawyerly Lairs: Justice Sotomayor’s Former Boss Sells His $20 Million Townhouse
(DBN)

The “Hollow Middle”
(DBN)

Is the Tech Revolution Here Already?
(DBN)

Greenspoon Marder's Painful Acquisition Of A Dying Firm
(DBN)

Law Firm Mergers - The Hunters and the Hunted: The Dance Is On
(DBN)

Interview With Kenneth Kleinrock, Associate Dean for Admissions at NYU Law
(DBN)

Law School Tries To Pressure Students Into Snap Decision With ‘Buy Now’ Sales Tactic
(DBN)

Two-Year Law School? Don’t Rush the Paper Chase.
(DBN)

"Academic Doping" - We know that continues into working in law firms
(DBN)

Celebrity Chef Nigella Lawson Was Reportedly Assaulted By Her Husband At A Restaurant
(DBN)

8th Grader Arrested Over NRA T-Shirt Argument Now Faces A Year in Jail
(DBN)

Hot or Not: Are Lawyers Dateable?
(DBN)

‘Criminal barrister’ ranked 7th sexiest job ever by GQ Magazine
(DBN)

P--- trolling Prenda Law is “winding down” and desperate to avoid a costly appeal
(DBN)

Lawyers and the State of Surveillance --- PRISM is just part of a much larger and scarier surveillance program --- The Best Explanation Yet Of How The NSA's PRISM Surveillance Program Works --- New NSA Leak Reveals US Spied On Russian President And Other Dignitaries At G20 Summit --- How To Become Invisible To The NSA's Domestic Spying Program --- NSA, Corporations Already Swapping Your Data for Profits --- US: NSA Programs Broke Plots in 20 Nations --- US: NSA Probed Fewer Than 300 Phone Calls --- The US Surveillance Architecture --- The Security Industrial Complex --- Our Top Secret Message to Edward Snowden --- As Eric Holder promises justice, Snowden may have more US secrets stored on thumb drive --- GCHQ intercepted foreign politicians' communications at G20 summits
(DBN)

Man Handed A 3-Year Prison Sentence For Refusing To Pay For Dinner
(DBN)

Missing Florida Attorney's Firm Sued for $600,000
(DBN)

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Judges:

On the Supreme Court's docket --- Supreme Court Decision On Affirmative Action Looms --- Conservatives likely to write most remaining decisions in Supreme Court’s term --- Supreme Court gay-marriage rulings: Anything but simple
(DBN)

Why Justice Ginsburg should step down
(DBN)

Obama leads by a mile in women judicial picks, study says
(DBN)

Ex-judge faces case over speeding-ticket switch that put lawmaker and wife in jail
(DBN)

Whiskey or Sex Question Stumps Seattle Lawyer
(DBN)

L.A. Superior Court Fires 177, Demotes 139
(DBN)

First Amendment battle on Supreme Court steps – literally
(DBN)

Obama not guilty of 'court packing'
(DBN)

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Wall Street:

US stock futures leap ahead of Fed meeting
(DBN)

Wall Street is Pushing Risk Again
(DBN)

Will the Stock Market Party On? It's All Up to the Fed.
(DBN)

Wall St slides in volatile week, eyes on the Fed
(DBN)

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Layoffs:

Are Long-Term Unemployed Taking Refuge in Disability?
(DBN)

Questions to ask in a job interview
(DBN)

US cities can't hire tech workers fast enough
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Coal:

Patriot's legal, advising fees tops $57M during bankruptcy
(DBN)

Patriot Coal, UMWA willing to keep talking
(DBN)

Retired coal miners, supporters to rally again
(DBN)

Billionaire’s Money Woes Irk Business Owners
(DBN)

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Aviation:

Longer Customs Lines With Extreme Waits Frustrate Travelers
(DBN)

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Batteries:

Exide files for Chapter 11 bankruptcy
(DBN)

Advocacy group claims Exide not meeting cleanup standard
(DBN)

Exide Gets Interim DIP Financing OK After Bankruptcy Filing
(DBN)

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Autos:

GM sites in bankruptcy trust more valuable without buildings
(DBN)

Miles EV files for bankruptcy alongside Coda's troubles
(DBN)

How Fisker burned through $1.4 billion on a 'green' car
(DBN)

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Student Debt:

Oregon man's case highlights hard road to student loan relief
(DBN)

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Baseball:

Financial Benefits Received by Frank McCourt in Dodgers Sale --- Dollars and sense for Frank McCourt, Dodgers and NFL --- Dodgers to keep more than $6 billion from TV contract in tentative pact
(DBN)

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Gambling:

Randall Fine: Turning around struggling Atlantic City casino operator Revel
(DBN)

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Religion:

Calif. Credit Union Squeezed by Soured Mortgages to Churches
(DBN)

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Tax:

1099-C Tax Filing By Lender Discharges Borrower From Mortgage Liability
(DBN)

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Economy:

IMF : US budget cuts too fast, slowing recovery --- Warns US economic recovery has been slowed by 'ill-designed' cuts
(DBN)

Central Banks Failure to Communicate Boosts Bond Yields
(DBN)

US factory output rise just 0.1 percent in May --- America Has Way Too Much Manufacturing Capacity --- Manufacturing Remains Below Prerecession Levels
(DBN)

Fewer Americans Expect to Be Better Off in a Year
(DBN)

Poll: US is Still Going in the Wrong Direction
(DBN)

Why This Week's Fed Meeting Is The Most Hotly Anticipated One In A Long Time
(DBN)

The Inflation Chart That Has To Be Worrying Bernanke
(DBN)

Higher food and gas costs push up US wholesale prices 0.5 pct. in May; core prices tame
(DBN)

Treasuries End Longest Losing Streak in 4 Years as Fed Bets Ebb
(DBN)

Heeere's Bernanke: Will the Fed Finally Get Specific?
(DBN)

Can The World Afford Higher Interest Rates?
(DBN)

Consumers, Manufacturers Can’t Agree on Whether Glass Is Half Full or Half Empty
(DBN)

Will Obamacare Crush the Middle Class?
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Watchdog Has Issues With ResCap Sealing Examiner's Report
(DBN)

Deficiency Judgment Recovery Rate: 1/5th of 1 Percent
(DBN)

Funding Commitment: “Inure to the Benefit of the Parties Hereto” May Not Mean What You Think It Means
(DBN)

Zillow: Housing inventory turnaround begins
(DBN)

Housing-Inventory Crunch Could Be Easing
(DBN)

Housing, Inflation and Fed, Oh My!
(DBN)

Judge orders ex-Ark. developer to jail until trial
(DBN)

Fitch: U.S. CREL CDO Delinquencies Fall Slightly
(DBN)

New York Scheduled Foreclosure Auctions Jump 95 Percent in May to 31-Month High
(DBN)

Virginia court: Mortgage servicers can foreclose, despite alleged promises to borrower
(DBN)

American Pacific Financial Corp: Elderly investors continue to wait for financial resolution
(DBN)

Years after foreclosure, debt lingers
(DBN)

Agency MBS hit bumps due to Fed tapering
(DBN)

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Health Care:

OnCure Holdings, Affiliates File Petitions Under Chapter 11
(DBN)

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Maritime:

Restructuring & Beyond: The marine industry's routes to safety
(DBN)

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Retailing:

Orchard Supply files for Chapter 11; Lowe's may buy assets --- $205 Million
(DBN)

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Pensions:

Chrysler Plans To Freeze US Salaried Employee Pensions By 2014 --- Analyst: Chrysler pension freeze consistent with nationwide trend
(DBN)

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Celebs:

The Broke and the Beautiful: Music Edition
(DBN)

'RHONJ' star Teresa Giudice admits that bankruptcy is far from over
(DBN)

Halsey Minor Tries Again for Bankruptcy After Missed Deadline
(DBN)

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Fraud:

SEC Opposes Fabrice Tourre's Request to Exclude Scheme Claim
(DBN)

____________

Banking:

Bankruptcy lawyer accuses banking heir Vucurevich of hiding assets
(DBN)

Deutsche Bank Horribly Undercapitalized
(DBN)

Bank Profits Seen Buffeted by Rising Rates, No Growth
(DBN)

____________

Metals:

Montenegro eyes bankruptcy for stricken aluminium plant
(DBN)

____________

Tobacco:

Phelps’ bankruptcy trustee wants to seize $103,764 found in safe-deposit boxes
(DBN)

____________

Private Equity:

Hilbert puts private equity management firm into chapter 11
(DBN)

____________

Mass Torts:

Cramer: Bankrupt Company a ‘Buy, Buy, Buy?’
(DBN)

____________

Photography:

Electronics Giants Push Back Against Kodak Retiree Deal
(DBN)

____________

Corporate Governance:

Court of Chancery Appoints Receiver to Conduct Annual Meeting
(DBN)

____________

Politics:

Obama's Approval Rating Plummets, And Among Young People The Drop Is Stunning
(DBN)

____________

Accounting:

Accountant Named Miss USA
(DBN)

____________

Non-Profits:

America's Worst Charities
(DBN)

____________

Shipping:

Slump leaves dry bulk groups in doldrums
(DBN)

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Consumer Finance:

Young Americans Ditching Credit Cards
(DBN)

____________

Corporate Reform:

Global rate-rigging crackdown escalates
(DBN)

ABA leader calls for streamlining of ‘overwhelming’ and ‘often ineffective’ federal criminal law
(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 (45 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (12 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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Discharge:

Professor Kenneth N. Klee on the Supreme Court's Holding in Bullock v. BankChampaign, N.A.
(DBN)

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Miscellaneous:

Week Ahead in Bankruptcy : Eastman Kodak, THQ
(DBN)

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Safe Harbors:

Circuit Court Affirms Broad Reading of Safe Harbor
(DBN)

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Professional Compensation:

Department of Justice Issues New Fee Guidelines for Professionals in Larger Chapter 11 Cases
(DBN)

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Recent Pleadings:

UST Says ResCap Examiner's Report Should Be Unsealed - Public Has A Right To Access
(DBN)

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Litigation:

Still No Rummaging Through Social Media in Discovery
(DBN)

____________

Insurance:

Insurer Breaching Duty to Defend Cannot Rely on Policy Exclusions to Disclaim Duty to Indemnify
(DBN)

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Municipalities:

Detroit on Bankruptcy's Brink Stops Paying Some Debts, Orr Says --- Detroit to default on some of $18.5bn debt, says emergency manager
(DBN)

Detroit Recovery Plan Threatens Underpinnings of Muni Market
(DBN)

Proposal for Creditors - Executive Summary --- Proposal for Creditors
(DBN)

Pennies or Bankruptcy, Detroit Tells Creditors
(DBN)

Orr's offer called aggressive --- Intense mix of reactions
(DBN)

Ugly numbers leave Detroit's retirees wondering what's ahead
(DBN)

Detroit Peddles Its Municipal Assets to Avoid Record Bankruptcy
(DBN)

Detroit Begs Creditors for Help
(DBN)

Detroit vs. Its Creditors
(DBN)

Detroit Continues to Grapple with Prospect of Municipal Bankruptcy
(DBN)

GM, Chrysler support Detroit as it teeters on brink of bankruptcy
(DBN)

Analysis: Kevyn Orr laying groundwork for potential Detroit bankruptcy
(DBN)

Motown's Best Hope
(DBN)

Odds in Orr's favor to put Detroit on track — if everyone gets onboard
(DBN)

The $1.25 Billion Price Tag For Fixing Detroit
(DBN)

Residents: Kevyn Orr's report offers hope that services could improve --- Good times ahead for deadbeat Detroit?
(DBN)

A better future for Detroiters
(DBN)

Chapter 9 bankruptcy : Answers to key questions
(DBN)

Orr's Detroit restructuring plan: An overview of proposed moves
(DBN)

Kevyn Orr wants to lower Detroit taxes
(DBN)

S&P cuts Detroit bond ratings on expected default --- Detroit in default if pension certificate payments not made-Fitch
(DBN)

After opening gambit, Detroit manager's next move vexes creditors
(DBN)

Kevyn Orr's Big List: 10 Things He's Doing To Save Detroit
(DBN)

How hedge funds can help Detroit avoid bankruptcy
(DBN)

11 Charts That Show Why Detroit Is Falling Apart And Heading For Bankruptcy
(DBN)

Fresno among cities still teetering on edge of bankruptcy
(DBN)

California's inland city budgets still weak
(DBN)

How A Michigan City Became The Most Dangerous Place In America
(DBN)

Why 3 Of America's Most Dangerous Cities Are In Wealthy Connecticut
(DBN)

Controversial Pick for Detroit Retirement System GC
(DBN)

Muni bond insurers take beating in California Chapter 9 bankruptcies
(DBN)

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UK:

U.K. Territories to Sign Tax-Cooperation Code
(DBN)

Co-op Bondholders Face Losses --- Co-Op Bank Plans to Trade Shares in London as It Raises Capital
(DBN)

Introduction of Scottish-wide debt repayment test will benefit creditors
(DBN)

Bank of England's King bemoans slow pace of bank restructuring
(DBN)

Bank Fines on Risk Management Failures Rose Sevenfold in U.K.
(DBN)

Extravagant, expensive, bankrupt — Northern Ireland resort a fitting location for G8 Summit
(DBN)

Michelin Star Gives Way to $10 Meal in Ulster Slump
(DBN)

Turnaround specialist to open new Welsh offices
(DBN)

____________

EU:

Euro Becomes the Port in a Storm
(DBN)

Obama Faces Tough Sell on Europe Austerity at G8
(DBN)

____________

PIIGS:

Seán Dunne makes fresh appeal on dual bankruptcy
(DBN)

Greek PM raises stakes on broadcaster's closure --- IMF's Lagarde: Didn't Break Any Rules on Greece --- Attac study says where rescue funds for Greece end up
(DBN)

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Germany:

Life in the bust lane
(DBN)

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New Zealand:

NZ broadcaster MediaWorks in receivership, new owners lined up
(DBN)

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China:

Analyst Says China's Credit Bubble Is Unlike Anything In The History of The Modern World
(DBN)

Record Number of Chinese Graduates—And No Jobs
(DBN)

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