March 25, 2013

The Daily Bankruptcy News

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Law:

The 100 Most Influential Lawyers
(DBN)

Attorneys of the Year 2012: Riihard Pachulski
(DBN)

New Texas Partners - 2013
(DBN)

Omar Alaniz
(DBN)

Camisha Simmons
(DBN)

Attorneys of the Year 2012: Lucia Coyoca
(DBN)

Alternative advice to high-flying women: Lean back --- How do you 'lean in' if you don't have someone to lean on? --- Note to Sandberg: Women Entrepreneurs "March In"
(DBN)

SNR Denton Names New EMEA Restructuring Partner --- Zoë Thirlwell
(DBN)

Dewey Estate Seeks to Dismantle Former Partner Claims
(DBN)

Blank Rome, Fish, Nixon Peabody, Sidley: Business of Law
(DBN)

Miami law firm shuts down; email demands return of office supplies
(DBN)

GA: Hourly rates in a time of moderation
(DBN)

Contract Lawyers: By 2020, you'll have lots of company
(DBN)

Guide to Change Management at Law Firms
(DBN)

DEP Secretary Mike Krancer stepping down April 15 to join Blank Rome
(DBN)

Antitrust plaintiffs' lawyer sanctioned in merger case
(DBN)

Terre Haute Attorney Charged with Theft In Connection With Bankruptcy Case
(DBN)

Revamping Career Services: Two Modest Proposals
(DBN)

Law student complaints lead to a smash music video
(DBN)

SSRN Law Professor Top 50 by Downloads
(DBN)

"Harnish v Widener School of Law" - Class action lawsuit claiming misleading job statistics not dismissed
(DBN)

From the Career Files: Eight Tips for Writing a Personal Statement
(DBN)

Billionaire Oil Baron Could Be Headed For The Most Expensive Divorce Ever
(DBN)

Punxsutawney Phil Busted
(DBN)

Millionaire Clifford Chance Partner Slums It For The Night
(DBN)

"With friends like this, who needs enemies"
(DBN)

7 Bizarre State Laws That Hit The Books This Year
(DBN)

California's Gun Repo Men Have a Nerve-Racking Job
(DBN)

Lawyer (Unsuccessfully)Charged With Client Assault During Hearing Sues Sheriff's Office
(DBN)

How Low Can a TV Show Go?
(DBN)

Gun deaths shaped by race in America
(DBN)

Geotropic Law Student Sues Law School Over Broken Chair
(DBN)

More Charges In Bizarre Case Involving A Chicago Cop Allegedly Attempting To Abduct A Banker
(DBN)

Prosecutor’s use of undercover paralegal in ethics spat brings reprimand
(DBN)

Say What?!
(DBN)

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Judges:

Durham judge files for bankruptcy
(DBN)

Tide of Criticism Meets Court Admin Office Idea for New Fee
(DBN)

Chief justice's gay cousin will attend Prop. 8 hearing
(DBN)

The conservative legal star who is fighting for gay marriage
(DBN)

A Line at the Supreme Court, and Some Are Paid to Be There
(DBN)

‘Vexatious litigator’ is suspect in courthouse bomb threats in five states
(DBN)

Lawyer of the Day: Stan Chesley, Disbarred Husband of a Federal Judge
(DBN)

Representing Celebrity Clients Sounds A Lot Like Dealing With Biglaw Partners
(DBN)

Amid Prosecution, CA Judge Calls it Quits
(DBN)

Panel Cautions Judge, Revives Foreclosure Proceeding, Criticizes "Independent Internet Research"
(DBN)

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Wall Street:

Stock futures signal rise after Cyprus deal
(DBN)

Wall Street Bonuses Are Expected To Jump 15 Percent This Year
(DBN)

Record U.S. stocks at lowest valuation since 1980
(DBN)

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Layoffs:

Boeing plans workforce reduction of about 2,000 this year
(DBN)

No layoffs as Powerwave explores options
(DBN)

Goldman: There Is No Sign Of An American Manufacturing Renaissance
(DBN)

31% of Employer Costs/Worker Go To Benefits
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Pensions:

Treasury urged to settle Delphi pension dispute
(DBN)

Delphi pension dispute costly
(DBN)

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Mail:

Congress Is Strong-Arming The Postal Service Into Bankruptcy Even Faster
(DBN)

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Metals:

Ormet Wins Approval of Auction Process, Bankruptcy Loan
(DBN)

Bankrupt aluminum smelter melts opposition to USD 90 million DIP
(DBN)

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Golf:

Agreement on a deal to sell Woodcrest Country Club to developer
(DBN)

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Ethanol:

Judge rejects request to void ethanol plant sale
(DBN)

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Skiing:

Greek Peak customers welcome owners-to-be
(DBN)

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Bankruptcy Crimes:

Federal Jury Convicts Vallejo Woman Of Bankruptcy And Mortgage Fraud Scheme
(DBN)

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Fitness:

Allstar Fitness bankruptcy hearing: Judge will approve sale, ask for Padgett investigation
(DBN)

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Magazines:

Reader's Digest Files Plan for Bankruptcy Reorganization
(DBN)

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Awards:

Emory Bankruptcy Developments Journal Distinguished Award for Lifetime Achievement Banquet honoring Richard Levin
(DBN)

Rob Katz Named Turnaround Professional of the Year
(DBN)

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Retailing:

Retailers, Suppliers Split in Forecasting Spring Growth
(DBN)

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Alternative Energy:

Suntech Collapse Spurs Solar Volatility
(DBN)

Suntech execs held by Chinese --- China Bars Suntech's Shi From Leaving Country, Reports Say
(DBN)

The Rise and Fall of Suntech
(DBN)

Solar Giant's Bankruptcy Presents a Test
(DBN)

Suntech's bankruptcy: Beyond Profit
(DBN)

JA Solar and Renesola Rush to Reassure Creditors
(DBN)

Utilities Facing a "Mortal Threat" From Solar
(DBN)

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Consultants:

BearingPoint, Inc. Director and Officer Litigation Settlement Announced
(DBN)

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Bonds:

' Junk' Bonds Signal Trouble
(DBN)

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Economy:

More Americans Debt Free, Some Own More
(DBN)

America’s debt is hurting the economy — unless you look at actual, real data
(DBN)

Leverage In The Western World
(DBN)

Unfit For Work: The Startling Rise Of Disability In America
(DBN)

Why Washington Can't Stop Its Spending Habits
(DBN)

Boehner Declaring No Debt Crisis Revealed in Lending Data
(DBN)

Senate Has Finally Approved A Budget - First In 4 Years --- The Senate's $3.7 Trillion, Totally Meaningless, 5 a.m. Budget
(DBN)

Analysts tighten outlook for Fed exit from QE3
(DBN)

Why The Rich Don't Give To Charity
(DBN)

Global M&A Volume Rises on Large U.S. Deals
(DBN)

API: Oil Demand Suggests Slow Economy
(DBN)

Why Don't Republicans Love Deficits Anymore?
(DBN)

A secure retirement a fading dream for growing numbers
(DBN)

'Walking Dead': Zombies Thrive on Weak Economy
(DBN)

The Miserable Odds of a Poor Student Graduating From College (in 2 Graphs)
(DBN)

Fewer people expect tax refunds this year
(DBN)

How Chapter 11 Saved the US Economy
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Freddie Mac Indifferent to Homeowner Complaints
(DBN)

Housing Demand Up
(DBN)

Mortgages' Future Looks Too Much Like the Past
(DBN)

12 States Where Homeowners Are Deep Underwater
(DBN)

Why Your House Won't Get Back To Its Peak Value Until 2025
(DBN)

NY court reverses robosigning ruling against HSBC
(DBN)

The Saddest Story You Ever Heard
(DBN)

Senior Home Equity At Highest Rate Since 2009
(DBN)

274 Metros Cited On Improving Housing Market List
(DBN)

Congressman Cummings calls for hearing on mortgage servicing complaints
(DBN)

FHFA inspector general examination rattles mortgage servicing
(DBN)

Shadow Tenancy Driving Distressed Deals
(DBN)

FDIC plans sale of failed bank RMBS
(DBN)

Apartment Rent Growth Up 3.53% In February
(DBN)

Office, Industrial Vacancy Rates Declined In Q1
(DBN)

AG: Pinnacle clients paid for defective bankruptcy petitions
(DBN)

Sprawling and Struggling: Poverty Hits the Suburbs
(DBN)

Shifting mortgage default space chases out smaller players
(DBN)

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Aviation:

American Airlines says CEO's severance deal is legal --- American Airlines, creditors defend compensation proposals in merger deal --- American says CEO's $20 million payment is allowable, refutes bankruptcy trustee's objection
(DBN)

American Airlines retirees await decision on health insurance
(DBN)

Airline CEOs assure senators merger will benefit consumers
(DBN)

Eight Reasons Business Travelers Shouldn't Work on Planes
(DBN)

Sequestration’s Effects Felt at Nation’s Air Shows
(DBN)

FAA To Close 149 Air Traffic Control Towers Under Sequester: What It Means
(DBN)

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Entertainment:

'Girls Gone Wild' and Out of Control?
(DBN)

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Corporate Reform:

Justice Department Probing Whether JPMorgan Traders Tried to Hide 'Whale Trade" --- JP Morgan Wins ‘Crisis Management’ Award For London Whale Scandal
(DBN)

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Gambling:

Revel: Profit is 4 years off
(DBN)

As casinos struggle, tribes seek more federal aid
(DBN)

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Photography:

Shutterfly sues to shut down Kodak photo app
(DBN)

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Construction:

Stinger files for bankruptcy
(DBN)

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Health Care:

Quanah Hospital Files for Bankruptcy
(DBN)

Adirondack Health to Cut 18 Full-Time Jobs, Reduce Hours for Others
(DBN)

Employees, study subjects left hanging as next step for PRACS unclear
(DBN)

Universal Health plans in Fla. to be liquidated
(DBN)

Universal Health Care's woes raise question for policyholders
(DBN)

Corcoran hospital shuts down emergency room
(DBN)

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Celebs:

The Broke and the Beautiful: Put a Ring on It Edition
(DBN)

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Food/Beverage:

Sale of bankrupt Tully's not a done deal
(DBN)

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Banking:

After the 'London Whale'
(DBN)

“I thought, I thought that was, that was not realistic, you know, what we were doing” – The London Whale
(DBN)

Credit Suisse CEO pay jump to fuel banker bonus debate
(DBN)

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Fraud:

Fairfield Greenwich Madoff Settlement to Be Approved
(DBN)

John Thomas’s Belesis Aided Hedge-Fund Fraud, SEC Claims
(DBN)

Check Fraud Persists; Card Fraud Growing
(DBN)

Berjac bankruptcy: Oregon company collapses into legal tangle, criminal investigation
(DBN)

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Textbooks:

Cengage Learning hires restructuring advisers
(DBN)

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Private Equity:

Pressured, Investment Firm Is Said to Skip Fees
(DBN)

Buyout firms face squeeze as investors go direct for deals
(DBN)

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Sports:

MLB sues defunct Biogenesis clinic linked to PED distribution
(DBN)

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Debt Collection:

CFPB presents second annual report on Fair Debt Collection Practices Act
(DBN)

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Accounting:

GT and BDO told to buck up professional skepticism
(DBN)

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Tax:

U.S. Bankruptcy Court Puts the W[H]AM-O on Oregon's Joint and Several Liability Claim for Corporate Excise Taxes on Bankrupt WAMU Parent
(DBN)

Ex-Deutsche Bank banker gets 3-1/2 yrs prison in tax fraud
(DBN)

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Student Debt:

Recession recedes, but student debts worsen
(DBN)

States that have cut funding for higher ed since 2008
(DBN)

Imagine No College Debt (It Isn't Hard to Do)
(DBN)

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Compensation:

Fed pushes banks to ignore rivals when setting bonuses
(DBN)

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Mail:

Postal workers rally against cutting Saturday delivery
(DBN)

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Telecoms:

Otelco files for Chapter 11 bankruptcy
(DBN)

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Hedge Funds:

Falcone Follows Michael Jackson Path Taking Fortress Loan
(DBN)

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Autos:

Development Specialists, Inc. Secures Successful Bid for Bankrupt Toyota Dealership, Lighthouse Imports
(DBN)

Opel unions' failed German gambit plays into GM's hands
(DBN)

Why "Government Motors" Still Owes You
(DBN)

Pinewood Derby Forms an Adult League
(DBN)

Better Place Reports Loss Of $454 Million In 2012, Is “ Going Concern ”
(DBN)

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New Bankruptcy Opinions
(4 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (36 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (16 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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Miscellaneous:

Week Ahead in Bankruptcy: AMR, Dewey & LeBoeuf, Penson Worldwide
(DBN)

International Restructuring NewsWire
(DBN)

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Plan Confirmation:

Second Circuit makes challenging implemented plans more difficult
(DBN)

The Seventh Circuit Expands Scope of Absolute Priority Rule to Protect Creditors
(DBN)

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DIP Finance:

Kodak and Lenders Close Financing Agreement
(DBN)

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Bankruptcy Documentation:

Dotting The i's and crossing the t's: Taking Authorization Seriously
(DBN)

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Cross-Border:

Fifth Circuit confirms denial of recognition to Mexican concurso that releases claims against non-debtors
(DBN)

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Administrative Claims:

Timing is Everything: Bankruptcy Court Determines that Post-Confirmation/Pre-Conversion Contract Not Entitled to Administrative Expense Priority
(DBN)

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Sales:

1 last auction likely of THR property
(DBN)

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Involuntary Bankruptcy:

Florida bankruptcy dispute ensnares US Bank - $5 million in punitive damages
(DBN)

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Recent Pleadings:

Wynn Wants Trustee In Girls Gone Wild Bankruptcy
(DBN)

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TBTF:

Senate votes to end advantages for ' Too Big To Fail ' banks
(DBN)

Bernanke on Sen. Warren and too big to fail banks: ‘I agree with her 100 percent’ --- Odd Political Bedfellows Agree: Banks Still Too Big To Fail
(DBN)

Half Of Americans Want To Break Up Banks That Are Too Big To Fail
(DBN)

The Real Reason Too - Big-to-Fail Banks Are Soaring
(DBN)

Investing in Too - Big-to-Fail Banks: More Dangerous Than It Looks
(DBN)

Sheila Bair on Big Banks' Greed and Impunity
(DBN)

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Municipalities:

San Bernardino Unions Seek Delay of Bid to End Contracts
(DBN)

Workers fleeing San Bernardino in droves since its bankruptcy
(DBN)

A City in Recovery: Vallejo After Bankruptcy
(DBN)

Calif. city heading to bankruptcy court --- Stockton's Fate Turns on Four-Day Bankruptcy Court Trial --- Trial is just the first step --- 'B' word is far from the minds of Stocktonians
(DBN)

City: We reached out to CalPERS
(DBN)

Pension Funds Wary as Bankrupt City Goes to Trial
(DBN)

Commission to Address L.A.’s Pending Insolvency
(DBN)

Jesse Jackson: Detroit EFM Sets 'Dangerous Precedent' --- Call issued to resist Detroit's EM --- Scores of critics denounce emergency financial manager for Detroit --- Gov. Rick Snyder: Despite protests, many Detroiters on board with emergency manager appointment --- Power Of Detroit Emergency Manager Is Scaring UAW And Local Union Officials
(DBN)

Kevyn Orr, Detroit Emergency Manager, Begins First Day Of State Appointed Job On Monday
(DBN)

Detroit manager to listen, then assess priorities
(DBN)

Detroit's new czar faces deep decay of city's neighborhoods
(DBN)

Motor City Revived as Detroit Withers to Motown Shadow
(DBN)

Flint leaders look to emerge from emergency manager control
(DBN)

Michigan Congressmen seek Emergency Manager law review
(DBN)

Syncora Opposes Forcing Jefferson County to Pay Warrants
(DBN)

School Closures Pit Race And Poverty Against Budgets
(DBN)

Central Falls receiver plans to leave
(DBN)

Judge says ‘all hell has broken loose,’ declares partial mistrial for high-paid Bell officials
(DBN)

Which Cities Are Best and Worst at Budgeting?
(DBN)

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Shipping:

Cargo Ship Losses Weigh on European Banks
(DBN)

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Sovereigns:

Argentina to invoke immunity act
(DBN)

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UK:

Fitch ready to strip UK of exclusive AAA rating
(DBN)

HMV on verge of emerging from bankruptcy
(DBN)

U.K. Supreme Court Sits in Secret for First Time
(DBN)

More Opal Group companies enter administration
(DBN)

Blockbuster's ailing UK stores sold to investment firm --- Blockbuster UK saved by rescue bid
(DBN)

Cash-strapped London village to sell art masterpiece
(DBN)

Feared liquidator to the stars faces inquiry over errors
(DBN)

Joe Swash: I'm A Celeb...debt me out of here
(DBN)

Mayor Of London Devastated By Interview About His Checkered Past
(DBN)

Court orders stockbroker who defrauded £32m to pay nominal £1 fee
(DBN)

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EU:

Cyprus turns to EU in last-ditch bid for bailout --- Cyprus told: take bank levy or leave euro --- Cyprus, European Union Reach Draft Bailout Deal --- Cyprus secures bailout, avoids bankruptcy --- Bank of Cyprus haircut 'around 30%' --- Cyprus' Bankruptcy Solution: Tax the Rich --- Cyprus endgame: What happens if its banks collapse? --- Russia's PM lambasts deal to rescue Cyprus' ailing banking sector --- Cyprus lawmakers approve key bills for bailout --- Cyprus Bankruptcy On 'Knife Edge', EU Warns Only 'Hard Choices Left' --- Cyprus leader issues resignation threat amid talks to avoid bankruptcy --- Cyprus creates "solidarity fund", allows capital controls --- Some Cyprus Savers Could Lose A Quarter Of Their Bank Deposits In New Deal --- Cyprus Makes Fitful Progress Toward a Deal on Bailing Out Its Banks --- Report: Cyprus Agrees To New Plan To Tax Deposits --- Cyprus Waits On EU, 25% Bank Tax Seen --- Cyprus Races To Complete Rescue Plan As Time Runs Out --- Cypriot MPs adopt dramatic measures in bid to avoid country going bankrupt --- Cyprus Should Let the Banks Go Bankrupt --- Cyprus: too small to care --- Why Cyprus Will Pay Dearly --- The Cyprus banks that have transfixed the world --- The ECB is Threatening the Nuclear Option in Cyprus --- Merkel: The Cyprus Business Model Is Dead --- How The Crisis In Cyprus Spreads --- Why Russian Oligarchs Are Laughing Off The Cyprus Haircut --- Wealthy Russians Ensnared as Cyprus Crisis Deepens --- Schiff: The Cyprus Plan Was Too Transparent To Survive In A World Dependent On Deceit --- What The ECB Would Have To Do If Cyprus Left The Euro --- Businesses in Cyprus left high and dry due to bank closures --- 1000 bank workers stage march on Cyprus presidency --- Major Cyprus Bank Is Lowering Its ATM Withdrawal Limits Again --- What are the Russians playing at? --- No Matter Outcome, Cyprus Crisis Is Blow to Business
(DBN)

Why Nothing's Getting Fixed In Europe
(DBN)

It's Official: Banks In Europe May Now Seize Deposits To Cover Their Gambling Losses
(DBN)

Imagine Logging Into Your Bank And Seeing This
(DBN)

Citi: Cyprus Set A Bad Precedent, And Is Long-Term Negative For The Euro
(DBN)

Socgen: 'Depression For Cyprus'
(DBN)

UBS: Contagion Risks Are Alive And Well
(DBN)

Moody's: Even With The New Deal, Cyprus Could Still Default And Leave The Euro
(DBN)

ECB's Emergency Cash Becomes Last Bulwark Against Chaos
(DBN)

Cyprus Refuses to Learn From Its Mistakes
(DBN)

Europe Has A Crisis — And It's Much Bigger Than Cyprus
(DBN)

Future of rescue deals lies in 'bail-ins': small euro states
(DBN)

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PIIGS:

ie: NAMA secures judgment orders prior to bid for bankruptcy in UK --- Bankrupt star Shane gets no offers for mansion --- ie: Insolvency applicants who can get bus won't be allowed a car
(DBN)

Spain, Italy debt up as Cyprus seeks crisis solution
(DBN)

EU prepares to blow final whistle on Spain's debt-ridden football clubs --- Rescue financing alternatives in Spain
(DBN)

Greek Jobless Rate of 29% Seen
(DBN)

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Canada:

Legal claims discontinued in Bre-X scandal
(DBN)

Canada to set higher capital requirements for key banks
(DBN)

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France:

Repurchasing distressed debts: a solution to banks' problems?
(DBN)

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Australia:

Removing insolvency practitioners – should there be an easier way?
(DBN)

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