June 27, 2013

The Daily Bankruptcy News

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Law:

The Weil Layoffs --- Weil Peers See Layoffs As Isolated Event
(DBN)

Nationwide Layoff Watch: Sayonara, San Diego
(DBN)

Why Legal Secretaries Can't Find Jobs
(DBN)

Dewey's Remains, in a Long Island Warehouse
(DBN)

Will a Job at Sullivan & Cromwell Send You to the Therapist’s Office?
(DBN)

Survey: Lawyer Fees Rose 10 Percent (2010-2012), 4.8% Last Year
(DBN)

‘Legal rebels’ or just weavers of the new normal legal fabric?
(DBN)

Sidley Austin, Venable, Littler, Jones: Business of Law
(DBN)

Are Firms Hot for Grads with Practical Skills?
(DBN)

Stealth Lawyer: Will Meyerhofer, Psychotherapist
(DBN)

Bankruptcy Attorney Kevin Gleason Disciplined For Offering Bottle Of Wine To Bankruptcy Judge
(DBN)

FDIC accuses Akerman law firm of failing to protect a failed bank
(DBN)

Beware of Self-Promotion While Blogging
(DBN)

Is legal education solely law schools’ responsibility? ABA task force thinks not
(DBN)

Following Trend, Cincinnati Law Lowers Tuition for Some
(DBN)

Grisham book becomes a Broadway play
(DBN)

Lawyer decked at court hearing is still unable to work 6 weeks later; client charged in assault
(DBN)

Ousted Dean Might Sue Former Boss for Defamation
(DBN)

In 2009 Edward Snowden Said People Who Leak To Journalists 'Should Be Shot In The B----'
(DBN)

Reggae star’s sentence cut after judge concludes jury foreman did Web research
(DBN)

The Moment Aaron Hernandez Realizes He Is About To Be Arrested --- Hernandez charged with first degree murder --- Prosecutors Say Aaron Hernandez Made Some Incredibly Boneheaded Moves In Alleged Murder
(DBN)

Cleveland Browns Rookie Charged With Attempted Murder
(DBN)

All 27 NFL Players Who Have Been Arrested Since The Super Bowl
(DBN)

Star NFL Player Carjacked At Gunpoint
(DBN)

Cops: Man Robbed of C----- at Knifepoint
(DBN)

Court to Reconsider Case of “Irresistible Employee”
(DBN)

The Awesome Aftermath of the Cease-and-Desist Letter That Went Viral Worldwide
(DBN)

Man faces 13 years in jail for scribbling anti-bank messages in chalk
(DBN)

Man turns mother in for bank robbery after recognizing her in surveillance photos
(DBN)

Prominent Lawyer Fabricated Expenses Over 6 Years, Disciplinary Board Says
(DBN)

You’re fired! Dynamo Legal founder crashes out of the Apprentice in storm of criticism about his foray into the law
(DBN)

Chicago: Crowd Watches as Man Beaten Unconscious After Trying To Get His Stolen Cellphone Back
(DBN)

Like a fish needs a bicycle
(DBN)

11-Hour Filibuster Kills Texas Abortion Law ---How Harvard Law Grad Wendy Davis Stopped Texas, With The Help Of Hundreds of Thousands Of Her Friends --- Texas Governor Calls Special Section To Pass Filibustered Abortion Bill
(DBN)

Appeals Court Okays $675,000 Fine For Guy Who Illegally Downloaded 30 Songs
(DBN)

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Judges:

New bankruptcy judge for the W.D. Va.
(DBN)

Supreme Court Strikes Down Federal Anti-Gay Marriage Law --- Bill And Hillary Clinton Hail The Supreme Court Overturning DOMA (You Know, The One He Signed Into Law) --- Ways Life Just Got A Lot Easier For Same-Sex Couples --- Justice Kennedy: Court's Decision To Punt On Gay Marriage Ban 'Disparages' The Political Process --- Head Of 'American Family Association' Says It's Now Inevitable That You Will Have Sex With Your Horse --- Gov. Brown Issues Directive To Resume Same-Sex Marriage In 30 Days ---Chief Justice Roberts ' Lesbian Cousin To Marry --- Top Ten Notable Facts About the Gay-Marriage Decisions :)
(DBN)

Antonin Scalia's Gay Marriage Dissent Is Dripping With Contempt And Sarcasm --- 'Argle-Bargle' --- The 6 Most Outrageous Things Scalia Ever Said About Gays --- The Argle-Bargle Over Same-Sex Marriage
(DBN)

How Does This Week Affect The Legacies Of The Nine Supreme Court Justices?
(DBN)

Obama’s Supreme Court News Jinx Continues
(DBN)

Alito refers to Law Professors as part of “arrogant legal culture.”
(DBN)

Fla. Prosecutor's Suspension Doubled; Was Ex Parte BFFs With Judge
(DBN)

Mammon From Heaven: Minister Finds Couple’s Bracelet And Offers To Return It For A Hefty Price
(DBN)

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Wall Street:

Stock futures rise ahead of data, Fed speakers
(DBN)

Stocks Close Up 1%, Dow Soars 150
(DBN)

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Layoffs:

Layoffs At CNN
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Government Contracts:

Congresswoman Attacks Man Over Veterans Disabilities
(DBN)

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Food/Beverage:

Meatcutter's union sues Nebraska Prime; owners' dispute at climax
(DBN)

Townsends bankruptcy brings new lawsuit
(DBN)

The Best New BBQ Restaurants In America
(DBN)

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Photography:

Court OKs Kodak restructuring framework
(DBN)

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Fraud:

Fastow: Enron Didn't Have to Go Bankrupt
(DBN)

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Bowling:

Bankruptcy Judge Clears AMF Bowling, Bowlmor Merger
(DBN)

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Convenience Stores:

Embattled Cooper-Booth seeking legal action against high-ranking ex-employee who took customer list
(DBN)

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Shipping:

Nobu Su welcomes U.S. bankruptcy court ruling
(DBN)

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Tax:

IRS Fought Oversight in Tea Party Cases
(DBN)

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Religion:

Capuchins protected abusers for years, self-audit reveals
(DBN)

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Aviation:

American Airlines announces cash tender offer for $1.2 billion in outstanding debt
(DBN)

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Economy:

US economy grows at slower 1.8 pct. rate in Q1
(DBN)

Tax Bite Curbs US Growth Along With Consumer Spending
(DBN)

Treasurys Hold Gains After Weak 5-Year Auction
(DBN)

Central Banks Say No Swift End to Easy Money
(DBN)

Interest rate spike emerges as a concern for the Fed
(DBN)

Business Feels Pinch of Swift Rate Rise
(DBN)

Forbes' Most Powerful List Is Dominated By Women
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Mortgage applications fall 3%
(DBN)

S&P lifts debt ratings on D.R. Horton, PulteGroup
(DBN)

FHFA Nominee Watt Faces Senate Skeptics at Hearing Today
(DBN)

Senators launch effort to replace Fannie Mae and Freddie Mac
(DBN)

Ally's $2.1 billion payment to ResCap gets court approval --- Judge Approves ResCap Bankruptcy Settlement, to Order Unsealing of Examiner's Report --- Ally Financial Statement on Approval of the ResCap Plan Support Agreement
(DBN)

The Examiner's Report --- ResCap Bankruptcy Examiner Report Erodes Some Creditor Arguments --- ResCap Had $3 Billion in Ally Claims, Examiner Finds --- ResCap agreed to bonehead deal, examiner says
(DBN)

Warren is winning in ResCap report flap
(DBN)

ResCap to Pay $230M to End Foreclosure Reviews
(DBN)

BofA Just Made A Huge Upward Revision To Its Home Price Forecast
(DBN)

Unnamed Mideast buyer offers $2.1B for Empire State Building
(DBN)

Higher LTVs lead to steep price drops: Pro Teck
(DBN)

Tight credit weighs on homeownership rate
(DBN)

Calif. developer bids for historic Ore. mill site
(DBN)

EC Closing Corp. files for Ch. 11 bankruptcy
(DBN)

Spokane: Developer files for bankruptcy
(DBN)

Renzi Could Lose Brickell Site If Judge Approves Proposed Sale
(DBN)

Changing market leaves investors cautious on housing
(DBN)

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Awards:

Restructuring team of the year
(DBN)

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Personal Finance:

Marriage Market For Rich NYC Divorcees
(DBN)

Looking for Mr. FICO: Singles using credit score to filter dates
(DBN)

____________

Student Debt:

Bipartisan proposal to keep student loan rates low faces uncertain prospects as Harry Reid objects
(DBN)

Student-Loan Rates Set to Double Unless Congress Acts
(DBN)

Equifax Reports New Credit for Student Loans in Q1 2013 Increases More Than 20% Year-Over-Year
(DBN)

Sallie Mae Shows Learning is Lucrative --- for Lenders
(DBN)

Grad Student Lived On A Boat For 14 Months To Escape Student Loan Debt
(DBN)

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Celebs:

Paula Deen's 4 Casino Restaurants To Close After Being Dropped By Caesars --- Walmart dumps --- Orders for Paula Deen cookbook surge --- Lawyer defends tweet about ‘doing Paula Deen in a strongly metaphorical sense’
(DBN)

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Municipalities:

Showdown in Detroit is sign of emergency manager's growing power
(DBN)

If Detroit opted for bankruptcy , experts say wouldn't encourage others
(DBN)

Gary Brown resigns council seat for $225K job on Detroit EM's team
(DBN)

Where's Charles Pugh? Kevyn Orr moves to halt his salary; lawyer accuses council president of misdeeds with teen
(DBN)

What's at Stake for Muni Bond Investors in Detroit Insolvency
(DBN)

Pension safety net won't help City of Detroit retirees
(DBN)

CalPERS wants lien on local government assets
(DBN)

Governor appoints emergency manager in Hamtramck
(DBN)

Covanta to settle incinerator lawsuit against Harrisburg, Pa.
(DBN)

Emergency manager in Flint will be Michael Brown
(DBN)

Jeffco commissioners prepare for crucial closed door meetings with lawyers on bankruptcy
(DBN)

11 American Cities That Are Shells Of Their Former Selves
(DBN)

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Health Care:

Doctors baffled by woman who cries blood
(DBN)

____________

Mass Torts:

Pfizer's Quigley Allowed to End Nine-Year Bankruptcy Case
(DBN)

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Newspapers:

Bankruptcy court approves sale of publisher
(DBN)

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Furniture:

Bank sale won't be affected by Eagle Inds. Chapter 7 filing
(DBN)

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Corporate Reform:

SEC Is Set to Try Out Guilt Plan
(DBN)

____________

Bankruptcy Crimes:

Creston man sentenced for bankruptcy fraud
(DBN)

Woman sentenced to serve 27 months in prison, pay restitution
(DBN)

____________

Construction:

Materials provider seeks money amid Ballenger Construction bankruptcy proceedings
(DBN)

____________

Coal:

Patriot Coal Files Motion With The Bankruptcy Court To Modify Collective Bargaining Agreements And Retiree Healthcare Benefits; Company Also Files Lawsuit Against Peabody Energy
(DBN)

____________

Television:

Luken Communications co-owner to fight Chattanooga bankruptcy
(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 (19 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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Sales:

Bankruptcy Sales and Successor Liability - beware of attacks on so-called “free and clear” sales
(DBN)

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Trustees:

Lawyer gave cash to bankruptcy trustee as thank-you, not bribe, defense says; federal jury acquits
(DBN)

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Discharge:

Plaintiff in Putative Securities Class Action Lacks Standing to Opt-Out of Plan Release
(DBN)

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Cross-Border:

Chapter 15: An Effective Aid to Foreign Administrators and Creditors for Collecting and Liquidating Assets in the U.S.
(DBN)

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Eligibility:

High court ruling bittersweet for Florida same-sex couples
(DBN)

____________

TBTF:

Biggest Banks' Wind-Down Plans Seen Failing to Cut Risks
(DBN)

FDIC’s Hoenig Says Another Crisis May Resurrect Bailout Specter
(DBN)

Two Federal Reserve presidents: Dodd-Frank will not prevent bailouts
(DBN)

Reining in too-big-to-fail proves a challenge
(DBN)

A.I.G.'s Former Chief Can Pursue Narrower Suit Against U.S.
(DBN)

____________

Pensions:

Do no harm: Protecting retirees in shaky pension plans
(DBN)

____________

Tobacco:

Renegade sale hearing may be pushed back
(DBN)

____________

Humor:

Smart Joke Explanations
(DBN)

___________

Brokers:

Regulators To Go After Corzine's Hedge Fund and Brokerage Fraud
(DBN)

____________

Accounting:

Accounting board seeks 'going concern' self-test for US firms
(DBN)

____________

Sovereigns:

IMF Greek apology shows need for bankruptcy code
(DBN)

Something Happened At The Supreme Court
(DBN)

Tourists Grab Bondholder Cash as Reserves Sink
(DBN)

Everyone's Got Supreme Court News - Argentina Edition
(DBN)

Pari passu: judgment day
(DBN)

____________

UK:

Falling corporate insolvency stats only half the story
(DBN)

Blood on the high street as big names set for insolvency
(DBN)

Tougher fraud sentencing proposed
(DBN)

Robson Scott Associates in bid to grow revenue
(DBN)

The Co-operative Bank – first use of “bail-in” powers by the UK’s Prudential Regulation Authority – or not?
(DBN)

George declares war on welfare Britain: Osborne gets tough on benefits
(DBN)

____________

EU:

ECB is ready to act but governments must reform, says Draghi
(DBN)

EU Ministers Fight Over Aid Plans for Failing Banks
(DBN)

European Economic Confidence Improves More Than Forecast
(DBN)

EU reaches deal on failed banks
(DBN)

Europe strikes deal to push cost of bank failure on investors --- Deal Decrees Writedowns
(DBN)

____________

PIIGS:

ie: Insolvencies 17pc lower in first half --- Why did almost no one realize that Anglo Irish was not just illiquid but insolvent? --- Warning over shortage of personal insolvency experts --- O'Donnells fail in new bankruptcy bid --- A dark, cruel comedy at the expense of the Irish taxpayer
(DBN)

____________

Austria:

Strabag SE eyes assets of insolvent Alpine Bau
(DBN)

Austria finance minister upbeat on chances for EU deal on Hypo Alpe
(DBN)

____________

France:

France Officially in Recession
(DBN)

____________

Vatican:

In bold move, Pope names panel to reform Vatican bank
(DBN)

____________

China:

Two Of China's Biggest Banks Have Stopped Lending At Some Of Their Branches
(DBN)

China’s ghost cities epitomize the problem with printing money Paul Krugman-style
(DBN)

Li’s Shock Treatment to China Lenders Evokes Ex-Reformer
(DBN)

____________

MENA:

The Outgoing Sheikh Of Qatar Pulled Off A Financial Miracle
(DBN)

____________

Norway:

Norway's economic star begins to lose its shine
(DBN)

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