June 20, 2013

The Daily Bankruptcy News

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Law:

One in Three Lawyers Plans to Add Staff in Second Half of 2013; Litigation Driving Hiring
(DBN)

Husch Blackwell merges with Texas law firm Brown McCarroll --- In Wake of Polsinelli Raid, Husch Unveils Texas Tie-Up
(DBN)

Three Firms That Took Howrey Partners Settle 'Jewel' Claims
(DBN)

ACC Value Champions Offer Tips for Legal Savings
(DBN)

The Managing Partner's Role in Establishing a Firm's Culture
(DBN)

General counsel is heckled by own staff during keynote speech at legal conference
(DBN)

Fixing Outside Counsel Budget Forecasting With Data
(DBN)

Felony Charges for Practicing as In-House Counsel in New York Without Registering
(DBN)

Spitzer: Lanny Breuer at DOJ Was a "Disaster"
(DBN)

Buchanan Ingersoll to Pay Adelphia Investors $12 Mil
(DBN)

They Want Their Mani/Pedis
(DBN)

Could the ‘Desk Safari’ craze spread to law?
(DBN)

Law schools face facts: dwindling enrollment
(DBN)

Law school sues insurer, seeks coverage of civil racketeering case
(DBN)

Proto-Gunner Starts Gunning Over The Summer
(DBN)

Do law firms worry needlessly about SEO?
(DBN)

Moscow the Only Loser Among NLJ 350 Overseas Markets
(DBN)

Stealth Lawyer: Clare Dalton, Acupuncturist
(DBN)

Hidden Features Of iOS 7 --- Things Everyone Thinks The iPhone Can Do That It Actually Can't --- Review: TripIt -- manage flights, hotels, and other travel on your iPhone and iPad
(DBN)

Former Linklaters legal services supervisor faces fraud charge
(DBN)

Not A Popular Policy: Withholding 20 Percent of Partner Pay
(DBN)

Goin' Mobile - Survey finds benefits—and security risks—in the BYOD movement
(DBN)

'Extremely Dangerous' Former Professor Captured By Feds In Mexican Resort Town
(DBN)

Did cities violate right to counsel by providing ‘a warm body with a law degree’?
(DBN)

And Now We Know Why Paula Deen Always Keeps Her Mouth Full
(DBN)

Law Firm Bands Tuning Up for Homeless Benefit --- Lawyers Uncage the Rocker Within
(DBN)

Murder May Leave 911 Operator Liable
(DBN)

Lawyer faces bar and criminal cases over claimed thefts from firm, is also charged with burglary
(DBN)

A runaway witness, his glamorous lawyer and a sinister new twist
(DBN)

 

Stealing $630K from DC firm results in 18-month sentence for former finance chief
(DBN)

Watch the video: Road-rage fistfight near freeway exit; attorney is charged
(DBN)

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Judges:

US Bankruptcy Judge to come off bench
(DBN)

Justice Ginsburg : 'Optimistic' About Women in the Courts
(DBN)

‘Ratzilla’ problem at historic courthouse solved by adopted cat
(DBN)

Learned Hand Recorded a Single?!?
(DBN)

LegalZoom to Unveil Lawyer Vending Machines
(DBN)

Self-Medicating Judge Reinstated With Censure
(DBN)

Sotomayor's Beloved $3 Million World
(DBN)

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Wall Street:

Stock futures choppy as jitters set in before Fed
(DBN)

Global Financial Markets Are Selling Off
(DBN)

Bernanke and China send world stocks lower
(DBN)

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Layoffs:

WARN Act Considerations for Private Equity Firms (scroll down)
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Telecom:

Alcatel-Lucent's Cash Woes Won't Go Away
(DBN)

LightSquared Not Acting on $2 Billion Offer, Lenders Say
(DBN)

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Coal:

Patriot Talks With Aurelius and Knighthead for Exit --- Hedge funds consider financing Patriot Coal's restructuring
(DBN)

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Pensions:

Are Pensions Sacred?
(DBN)

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Education:

The Most Underrated Colleges In America
(DBN)

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Photography:

Kodak Reshapes Pact With Creditors
(DBN)

Kodak Will Keep Some Operations in Rochester
(DBN)

Hearings put Kodak on cusp of ending its bankruptcy
(DBN)

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Aviation:

The man who will be king: A Q&A with Doug Parker
(DBN)

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Economy:

7 candidates to succeed Bernanke at Fed
(DBN)

El-Erian: The Fed Better Be Right About The Economy
(DBN)

FedEx offers glum outlook on economic growth
(DBN)

Taper Tipoff? Bernanke Hints Easing End Is Nearing
(DBN)

Most major loan servicers not complying with mortgage settlement
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Banks not following mortgage standards --- Closer look: Mortgage servicers pass most key tests
(DBN)

Ally deal draws limited objections from ResCap creditors
(DBN)

Mortgage rates edge up, spurring push to refinance
(DBN)

Mortgage applications reverse, decline again
(DBN)

Wall Street REIT Success Gives Investors Hangover
(DBN)

CoreLogic: Housing recovery is durable, but not bulletproof
(DBN)

Stronger Prices Lift U.S. Homebuilders, But Better Job And Income Growth Is Needed For Long-Term Recovery
(DBN)

Belvedere LLC files for Chapter 11 bankruptcy
(DBN)

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Awards:

Ten Weil Tax Partners Recognized as Bankruptcy Tax Specialists
(DBN)

Weil Named Insolvency and Restructuring Law Firm of the Year
(DBN)

Haynes and Boone Highlighted in Chambers USA 2013
(DBN)

Haynes and Boone Repeats as Highest Ranked Texas-Based Firm in American Lawyer Diversity Scorecard
(DBN)

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Apparel:

Men's Wearhouse Fires Founder; He Fires Back
(DBN)

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Corporate Reform:

SEC Says It Will Seek Admission of Wrongdoing More Often
(DBN)

____________

Municipalities:

Kevyn Orr's office will talk health care, not pensions, first with unions
(DBN)

Constitution may not protect Detroit's pensions
(DBN)

'Same Old Song' for Dems steers Detroit to crash
(DBN)

Detroit Labor Groups Butt Heads With Bondholders Over City's Debt
(DBN)

Businessman Gilbert predicts Detroit bankruptcy
(DBN)

Anxiety in Detroit Over a Prized Car Trove
(DBN)

Detroit Creditors Asked to Take Haircut (at Sweeney Todd's Barbershop)
(DBN)

Hamtramck council vote opens door for state EM to fix finances
(DBN)

MI: Bill to dissolve insolvent school districts nears final OK in Senate
(DBN)

Gary, Ind. Shrinking a City to Save It
(DBN)

Jefferson County Enters the Home Stretch On the Backs of Bondholders
(DBN)

San Diego: Barnett Says: 'The District's Already Insolvent '
(DBN)

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Health Care:

Interfaith and Brooklyn Hospital merger unravels
(DBN)

Benchmark buys senior community out of bankruptcy as bondholders get a serious shave
(DBN)

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Vacuum:

Oreck reports a $5 million cash-flow deficit for May
(DBN)

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Traffic Management:

Hilco to Manage Asset Distribution Work in Highway Technologies Bankruptcy
(DBN)

____________

Corporate Reform:

Wall Street's Legal Plan Against Regulations
(DBN)

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Banking:

FDIC Sues Advanta Bank Execs for $219 Million --- Lawsuits revisit Advanta’s demise
(DBN)

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Fraud:

Ex-Goldman Trader Barred From Presenting Lawyers’ Advice
(DBN)

Ex-AMD Worker Seeks Probation in Insider Case Citing Aid to U.S.
(DBN)

Hedge Fund Managers Didn’t Know They Were Paying For Their Inside Information
(DBN)

____________

Distressed Investing:

Lone Star Raising $6 Billion Distressed Fund
(DBN)

____________

Autos:

Will GM Be "Government Motors" Forever?
(DBN)

Fiat Judge Seen Leaving Marchionne in Lurch Over Chrysler
(DBN)

Used EV Prices Will Drop 30 Percent in 2013
(DBN)

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New Bankruptcy Opinions
(No new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (21 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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Bankruptcy Statistics:

Interactive Bankruptcy Statistics Map
(DBN)

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Avoidance Actions:

Judge Rules for Verizon in $9 Billion Lawsuit Over Spinoff
(DBN)

Fourth Circuit Makes New Fraudulent Transfer Law
(DBN)

____________

DIP Finance:

Patriot in Talks With Investors to Provide Exit Funding
(DBN)

____________

Miscellaneous:

Bill on Bankruptcy : Lawyers Must Disclose Fees
(DBN)

____________

Celebs:

Backstreet Boys' Bankruptcy Claims 'Incomplete'
(DBN)

Casey Anthony threatens to 'disappear' over bankruptcy case
(DBN)

Casey Anthony bankruptcy attorneys: She may "simply disappear"
(DBN)

Fashion icons Dolce , Gabbana convicted in Italy of tax crime
(DBN)

Judge accepts testimony from Michael Jackson's 'ghost' in court
(DBN)

___________

Lehman:

Ex-Lehman CEO Fuld Sues Estranged Son-In-Law Over Apartment Loan
(DBN)

Lehman Europe creditors to get further $5.5 bln payout
(DBN)

____________

Hockey:

New Jersey Devils Being Crushed By $230 Million Of Debt
(DBN)

____________

Tax:

Tax Avoidance is Legal, Doesn't Mean Its Right
(DBN)

Darrell Issa Furious After Democrat Releases IRS Transcript That Blows Up His Investigation
(DBN)

Revocation of S Corp Election During Bankruptcy Upheld
(DBN)

____________

Retailing:

Playing Jenga With Sears Holdings Corporation
(DBN)

Mysterious Signals Emanating From Eddie Lampert
(DBN)

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Student Debt:

D.C. leads nation in student loan debt
(DBN)

Kicking Student Borrowers While They're Down
(DBN)

Starting a small business when you have student debt
(DBN)

____________

UK:

Codere bondholders face 50 pct haircut
(DBN)

Auditors acted as “cheerleaders” for questionable bank reporting
(DBN)

BDO appointed Hearts administrators
(DBN)

British Commission Calls for New Laws to Prosecute Bankers for Fraud
(DBN)

UK banks told to find further £13bn
(DBN)

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EU:

Cyprus says fully committed to implementing EU/IMF bailout
(DBN)

____________

PIIGS:

Spain's La Caixa puts off big property portfolio sale --- IMF Calls for Urgent Steps on Spain's Jobless --- A Troubling Sign Out Of Spain
(DBN)

Euro zone wrangling may cost Greece 2 bn euros in 2013
(DBN)

IMF praises Spain, Ireland reforms but warns of risks
(DBN)

Seán Dunne not 'au fait' with wife's business affairs --- Dunne won't say if wife Gayle will join list of creditors --- Methodical scrutiny in US of Sean Dunne finances extends to wardrobe
(DBN)

____________

Austria:

FCC Drops Alpine in Austria's Biggest Postwar Insolvency
(DBN)

Bank Austria, Erste have Alpine provisions
(DBN)

____________

Germany:

FCC's Alpine Germany files for insolvency
(DBN)

____________

China:

China factory activity hits 9-month low --- One Detail Almost Unbelievable
(DBN)

The Mechanism That Holds Chinese Banks Together Is Falling Apart
(DBN)

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