June 26, 2013

The Daily Bankruptcy News

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Law:

Big Law's Troubling Trajectory
(DBN)

The Weil Winnowing: A Closer Look At The Layoffs --- Weil Gotshal layoffs may signal big-law bloodletting --- Are The Weil Layoffs The Start Of A Biglaw Trend? --- Weil Peers See Layoffs As Isolated Event
(DBN)

Patton Boggs says 17 partners are exiting; some may open a Dallas office for Holland & Knight
(DBN)

Pachulski Stang Adds Attorney in Wilmington
(DBN)

Fox Rothschild Planning Bankruptcy Growth In Denver
(DBN)

Mystery Departure Solved: Ex-Sidley Austin Partner Hit With Ethics Charges
(DBN)

Lawyer Fees, Linklaters, Simpson Thacher: Business of Law
(DBN)

Big Law Hiring Went Up 27 Percent. Really.
(DBN)

Vault Rankings Are Out: Which Firm Is The Most Prestigious In The Land?
(DBN)

Biglaw’s Summer Flings: Reflections On And Advice For Summer Associates
(DBN)

5 Trends in In-House Counsel Compensation
(DBN)

Supreme Court: Past voting discrimination can no longer be held against states
(DBN)

Courts Broaden What Counts as 'Pro Bono' for Reporting Rule
(DBN)

ABA Proposal Alarms Law School Diversity Advocates
(DBN)

Bar Exam Suicide Inspires Call To Action
(DBN)

Putin says Snowden at Russian airport, signals no extradition --- The US Inadvertently Handed Moscow A Pretense To Detain, Search Snowden --- Former US Official: The NSA Thinks Edward Snowden Copied 'Almost Everything That Place Does' --- Edward Snowden Is Both A Patriot And A Traitor --- Why Ecuador might shelter Snowden --- Edward Snowden's Choice Of Ecuador Is Riddled With Problems --- Snowden sent encrypted digital copies of NSA files to others
(DBN)

10 Tips For Staying Cool In The Summer While You're Wearing A Suit
(DBN)

12 Essential Apps Every Smartphone Owner Should Download
(DBN)

Will written on tablet computer because no paper was at hand is valid, judge rules
(DBN)

Flamboyant criminal defense lawyer calls ethics case ‘a badge of honor’
(DBN)

Lawyer fights $25K contempt fine, says it couldn’t be imposed on Sunday
(DBN)

Ethics case launched over $69K in cab fare reimbursement for former partner
(DBN)

Prosecutor star witness in Trayvon Martin case has tweeted about case, getting high, and her 'court nails' --- Dershowitz: Knock-knock joke could be grounds for mistrial motion
(DBN)

Police Force Under Fire For Demeaning Treatment Of Woman In Roadside Stop
(DBN)

Husband and Wife Lawyer Duo Once Accused of Planting Drugs Now Suing For Defamation
(DBN)

Man convicted for s-- with discarded couch
(DBN)

EMT who ignored dying pregnant woman while on coffee break cleared of official misconduct charge
(DBN)

$1.2 Million In Cash On Airplane Bound For The Federal Reserve Has Been Stolen
(DBN)

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Judges:

The Secrets of Bankruptcy Judge Selection
(DBN)

What to Celebrate and Lament About the Fisher Decision --- Justice Ginsburg: The Conservative Justices Displayed 'Hubris' While Completing Their 'Demolition' Of The Voting Rights Act --- Justice Ginsburg: There's Still Racism In The South, And Minority Voters There Need Protection From Discrimination --- Chief Justice Says 'Country Has Changed' --- The Chart Chief Justice Roberts Used To Prove That A Key Provision Of The Voting Rights Act Is Outdated --- Chief Justice Roberts frames Congress for Voting Rights Act demise --- Roberts Lame Logic on Voting Rights Act --- Obama Blasts The Supreme Court For Striking Down A Key Provision Of The Voting Rights Act --- Where The Voting Rights Act Mattered In Last Year's Election
(DBN)

Justice Alito Keeps Acting Like A Grumpy Teenager --- Justice Samuel Alito’s middle-school antics --- Did Alito roll his eyes during Ginsburg dissent?
(DBN)

Justice Alito was a jerk to Justice Ginsburg, but she can take care of herself
(DBN)

Justice Ginsburg's Record-Breaking Day
(DBN)

Who Has Two Thumbs and Gets to Be a Spoiled Brat? This Federal Judge!
(DBN)

SCOTUS sides with adoptive couple
(DBN)

Chemerinsky: Silence is not golden, Supreme Court says
(DBN)

Shot fired into federal judge’s home
(DBN)

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Wall Street:

US Stock Futures Advance as China's Cash Crunch Eases
(DBN)

Stocks bounce higher on strong economic reports
(DBN)

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Layoffs:

Some Unemployed Keep Losing Ground
(DBN)

The Slow Jobs Recovery in Charts
(DBN)

Every Student And Parent Should See These Charts On Earnings By Major
(DBN)

7 brutally honest rejection letters
(DBN)

Army to Cut Brigades at 10 US Bases
(DBN)

Airline employment fell slightly in April from a year earlier
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Logistics:

US Trustee: iGPS Is Worth More, $49M Sale Isn't in Creditors' Interests
(DBN)

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Municipalities:

Chapter 9 Municipal Bankruptcy Eligibility Standards Set in City of Stockton
(DBN)

Munis Extend Worst Losses Since 2008 as Illinois Sets Sale --- Illinois Tests the Market’s Mettle
(DBN)

Texas hedge fund billionaire seeks California pension reform
(DBN)

Puerto Rico - a vacation oasis overrun with high debt
(DBN)

Phil Power: Detroit will not prosper without reversing population drain
(DBN)

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Economy:

Consumer confidence soars in June
(DBN)

Durable goods orders rise, house prices jump
(DBN)

Financial Stress Index Hits Scary Levels
(DBN)

Poll: Obama Gets Low Marks on Jobs, Economy
(DBN)

The US economy is doing great
(DBN)

Feral Hogs Could Also Root Up Business Spending
(DBN)

What Else Is on the Fed's Mind?
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Foreclosure Processor EC Closing Joins Prommis in Bankruptcy
(DBN)

ResCap Said to Reach Accord With Fed to End Foreclosure Review
(DBN)

ResCap Seeks Ally Deal Approval Before Probe Report
(DBN)

Another Conflicted Foreclosure Review: PricewaterhouseCoopers and Ally/ResCap
(DBN)

DOJ: Former Lender Processing Executive Sentenced to 5 Years in Prison
(DBN)

Tales of A First-Time Homebuyer
(DBN)

Home Prices Soar, And Have Their Best Month In The History Of The Case-Shiller Index --- Home Prices Rise 12.1% From Last Year --- A Look at Case-Shiller, by Metro Area
(DBN)

Soaring Mortgage Rates Shouldn't Stop The Housing Recovery
(DBN)

LPS: Foreclosure inventory level hits four-year low
(DBN)

A ‘powerful victory’ for landowners? SCOTUS rules for property owner denied a building permit
(DBN)

Senators launch bill to boost secondary mortgage market
(DBN)

The 10 Fastest-Growing Suburbs In America
(DBN)

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Consultants:

Eric Kerwood Joins KCC As Director Of Corporate Restructuring Services
(DBN)

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Municipalities:

Stockton: Officials - Choice is between tax, cuts --- Stockton City Council moves ahead on tax plan
(DBN)

Bankruptcy threat recedes as Atwater, California, approves budget
(DBN)

Out of bankruptcy , Base Village eyes the future
(DBN)

Rhode Island Lawmakers Back Covering Schilling Debt Bill
(DBN)

The Real Reason People Leave California For Texas
(DBN)

The Smartest Cities In America
(DBN)

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Corporate Reform:

Jon Corzine, the Biggest Little Target the Feds Can Sue --- Jon Corzine's Last Act: Fighting Federal Regulators
(DBN)

Top Court Clears Way for State's Claims Against Greenberg, AIG
(DBN)

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Food/Beverage:

Garrison’s, Joe’s on Juniper, and more file for Chapter 11
(DBN)

40 Meals You Should Eat In Your Lifetime
(DBN)

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Cruise Ships:

Carnival's Painful Limbo Contest: Lower Fares, Sinking Profits --- Cruise Operator Carnival Is Dropping CEO Mickey Arison
(DBN)

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Celebs:

Sly Stone Wants Ex-Manager's Bankruptcies Tossed
(DBN)

Will Casey Anthony tell the truth in a new deposition?
(DBN)

Casey Anthony wins small victory in judge's ruling
(DBN)

Casey Anthony defamation suits to proceed in federal court
(DBN)

Kim Kardashian Sent Out Fake Baby Photos To See Which Friends Would Sell Them
(DBN)

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Television:

Equity Media's Bankruptcy Trustee Scores $47.4M Verdict Against Former CEO Luken
(DBN)

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Health Care:

Biggest cause of personal bankruptcy: Medical bills
(DBN)

Layoffs and surgical unit closure at St. Elizabeth Medical Center in Utica
(DBN)

Bankruptcy Judge Approves Scooter Store Auction Plan - Set for Aug. 6th
(DBN)

10 Exotic Locations For Your Next Plastic Surgery Procedure
(DBN)

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Fraud:

Former U.S. politician pleads guilty to Facebook IPO fraud
(DBN)

Feds clearing decks for CalPERS fraud trial
(DBN)

$11.5M Picasso seized by U.S. authorities as Italy prosecutes painting's owner for fraud
(DBN)

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Student Debt:

Warren wants answers from Sallie Mae
(DBN)

'Debt relief' firms misleading student loan borrowers
(DBN)

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Aviation:

American Airlines cut 4,800 jobs in last year
(DBN)

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Shipping:

AKD Expects Creditors to Pursue ARA Vessel Arrests as Bankruptcies Escalate
(DBN)

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New Bankruptcy Opinions
(6 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (24 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (5 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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Plan Confirmation:

Artificial Impairment of Claims: Can The Tail Wag The Dog in Confirming a Plan?
(DBN)

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Jurisdiction:

Stern Files: Back to the Supreme Court!
(DBN)

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Corporate Governance:

Delaware Judge Approves Forum Selection Bylaws --- Delaware Chancery Court: Forum Selection Bylaw Valid
(DBN)

Creditors of Colorado LLC Have No Standing to Sue Members Who Received Unlawful Distribution
(DBN)

Yahoo Shareholder To Marissa Mayer: 'I'm A Dirty Old Man And You Look Attractive'
(DBN)

Men's Wearhouse Throws Fired Founder George Zimmer Under The Bus
(DBN)

George Zimmer Wanted to Regain Control
(DBN)

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Brokers:

Holding Corzine to account would be a hollow victory --- Jon Corzine Is Probably Not Going to Jail
(DBN)
(DBN)

CFTC May Sue Ex-MF Global Executive Edith O'Brien
(DBN)

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Banking:

BofA, Citi Sued by University of California Over Libor
(DBN)

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Personal Finance:

14 Services For The Super Rich You Never Knew Existed
(DBN)

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Photography:

Kodak Creditors Cleared for Vote on Bankruptcy Plan --- Following bankruptcy, new Kodak set to emerge on Sept. 3
(DBN)

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Autos:

CODA Auto Emerges From Bankruptcy With Focus On Grid Storage
(DBN)

How old GM is cleaning up vacant sites
(DBN)

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Mass Torts:

BP Fights Gulf Spill Payments as Claims Attorney Resigns
(DBN)

Mass-Tort Litigation Leaves Philadelphia, Rises Elsewhere
(DBN)

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Tax:

IG: IRS Credit Cards Used For Wine, P--- --- Kazoos, Stuffed Animals, Nerf footballs
(DBN)

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Hockey:

NHL willing to give Glendale 5 years to pay off $25M owed for Coyotes arena deal
(DBN)

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Retailing:

Barnes & Noble Tanks on Disastrous Earnings Report
(DBN)

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Finance:

Small business lending freeze spread evenly across all bank sizes
(DBN)

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Sovereigns:

Argentina asks US Supreme Court to hear debt appeal - report
(DBN)

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UK:

Co-op Bank investors hire Brown Rudnick to fight losses
(DBN)

Stockbroking father and son banned for 10 years
(DBN)

Pensions payoff to rise for axed staff
(DBN)

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PIIGS:

La Seda de Barcelona hopes to halt insolvency with debt deal
(DBN)

Former Anglo chief filed for bankruptcy in US --- Anglo Irish Bank’s John Bowe and Peter Fitzgerald Defend Secret Phone Call Contents --- The men behind the Anglo Irish scandal --- Anglo Irish Bank tapes: executives mock Germans amid bailout --- Ireland's rage over Anglo-Irish rescue revelations is justified – Enda Kenny
(DBN)

Siena edging towards bankruptcy --- Italy Restructuring Update - June 2013
(DBN)

ECB ex-chief Trichet hits back at IMF over Greece
(DBN)

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China:

PBOC Says It Will Ensure Stability of China Money Market
(DBN)

My Brother Is Being Held Hostage At The Factory He Founded In China --- US Businessman Held at China Plant Says All Calm
(DBN)

China Can Bail Out All Of Its Banks, But Can It Stomach A Major Bankruptcy?
(DBN)

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Austria:

Austria Starts New Stimulus After Insolvency Shows Not Immune
(DBN)

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Netherlands:

More small hospitals risk bankruptcy
(DBN)

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