March 28, 2013

The Daily Bankruptcy News

View prior editions: Click Here
View prior case summaries: Click Here
Search prior headlines: Click Here
Search prior case summaries: Click Here

Format For Mobile Device

Due to the Easter holiday, The Daily Bankruptcy News will not publish on Friday, March 29, 2013

Law:

Dewey's former London landlord Prudential issues $10.3m claim
(DBN)

Restructuring partner Scott Greenberg joins Jones Day in New York
(DBN)

Stealth Lawyer: Lou Mongello, Disney Expert & Historian
(DBN)

Patton Boggs, Gibson, Susman Godfrey: Business of Law
(DBN)

The Rates Are Too Damned High!
(DBN)

Baker Botts secures $5.2 mln in drawn-out Asarco fee fight
(DBN)

Running Susskind in reverse
(DBN)

Execution is the New Strategy
(DBN)

Blackstone’s Cohen Must Answer Queries in McCourt Divorce
(DBN)

ATL March Madness: The Law Firm With the Brightest Future — Round 2
(DBN)

Which Law Schools Employed the Most Graduates as Real Lawyers Versus Real Baristas?
(DBN)

Law Students Show Themselves As The Smartest People Out On First Street
(DBN)

Former bankruptcy lawyer who wrote ‘Dork Diaries’ was once advised to avoid a writing career
(DBN)

No Bias in Firing of Former 63 Year Old Female Partner, Ropes Claims
(DBN)

The Mobile Lawyer
(DBN)

Reality bytes: New ABA rules require you to get with tech program—like it or not
(DBN)

Lax data security can cost you clients
(DBN)

Virtual law firm plans to multiply like magic
(DBN)

Leon Jaworski’s name is the first to go as his firm grows
(DBN)

The Incredible Rise Of Women In The Workplace
(DBN)

Libel claim fails because in-house lawyer’s letter was opinion, judge rules
(DBN)

Yale law librarian debunks ‘the whole 9 yards’
(DBN)

Reprimand Is Not Enough When Lawyer Uses Private Info to Counter Client’s Barbs
(DBN)

As trial looms for ex-DA accused in RICO enterprise case, feds make new accusations
(DBN)

COPS: Doctor may have killed 300
(DBN)

Who really killed bin Laden?
(DBN)

FBI Pursuing Real-Time Email Spying Powers
(DBN)

Unlikely allies join in a push to require warrants for access to digital communications
(DBN)

Man stranded on Disney’s ‘It’s a Small World’ ride wins pain and suffering damages
(DBN)

‘Monsignor Meth’ To Plead Guilty
(DBN)

Say What?!
(DBN)

______________

Judges:

Supreme Court DOMA Arguments: Kennedy Questions Obama
(DBN)

Still Cautious, Supreme Court May Overturn Federal Marriage Law
(DBN)

Supreme Ideals on Procreation: Just Say No to Gray Marriage!
(DBN)

Sorry, Justice Scalia: There’s no evidence that gay parents aren’t great parents
(DBN)

The eight exchanges you should read from gay marriage arguments
(DBN)

From Dumbledore to Nutella, gay marriage signs play for laughs
(DBN)

Creeping Privatization of Justice
(DBN)

What judges really think about the phrase ‘May it please the Court?’
(DBN)

A Prisoner Who Filed A Handwritten Brief Just Won His Supreme Court Battle
(DBN)

______________

Wall Street:

Stock futures signal flat to lower open
(DBN)

U.S. Stocks Close Lower
(DBN)

______________

Layoffs:

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Municipalities:

Stockton Creditors Say It Didn't Try to Avoid Bankruptcy
(DBN)

Ruling on Stockton bankruptcy eligibility seen Monday
(DBN)

Stockton's case may prove to be a model for other struggling cities
(DBN)

CalPERS isn't a white knight in Stockton's bankruptcy
(DBN)

Detroit Emergency Manager Says He'll Haggle With Bondholders
(DBN)

Newark Considers Curfews, Armed Guards For All Businesses
(DBN)

The 10 Happiest And Healthiest Cities In America
(DBN)

______________

Basketball:

Bob Cook's 7% share of Kings held in bankruptcy court being sold to Chris Hansen for $15.1 million
(DBN)

______________

Lehman:

Lehman to Pay Creditors, Affiliates $14.2 Billion on April 4
(DBN)

Lehman Settles Disputes Over Claims With Swiss Affiliate
(DBN)

______________

Economy:

‘Trickle-down consumption’: How rising inequality can leave everyone worse off
(DBN)

$1 Trillion in New Taxes from Health Reform is Coming
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

Banks Face Setback as FHFA Bans Force-Placed Commissions
(DBN)

Shiller: 'We're Living In A Totally Artificial Real Estate Economy'
(DBN)

Foreclosure attorney wins prize for uncovering ‘robosigning’
(DBN)

Analysts: Price appreciation is here for the long haul
(DBN)

OCC: Number of loans in foreclosure reaches a three-year low
(DBN)

Not enough homes: Sales down on low inventory --- Single Family REO inventories down 23.4% in 2012
(DBN)

Pending Home Sales index declines in February
(DBN)

Short sales are growing longer
(DBN)

MBA: Mortgage Applications increase in latest survey
(DBN)

Gundlach: The Southern California Housing Market Hasn't Been This Crazy Since The '80s
(DBN)

Fannie/Freddie to Homeowners: Do Nothing and Help Will Arrive
(DBN)

Pending Home Sales Index Falls 0.4%, Missing Expectations
(DBN)

Some US Housing Markets Have Seen Hundreds Of Homes Sell Within Hours Of Their Debut
(DBN)

Fannie Mae, Freddie Mac ward off megabucks transfer tax claims
(DBN)

The Luxury Real Estate Market In Downtown Manhattan Is Booming
(DBN)

___________

Aviation:

A Strange Tale: How Muni Bonds Will Become Shares Of The Largest Airline
(DBN)

Judge indicates support for American-US Airways deal
(DBN)

Judge questions American Airlines’ request for approval of $20 million in CEO compensation --- AMR, US Airways Merger Hits Hurdle in Court on Horton Pay --- AMR Bonuses Draw Flack; Merger With US Air Doesn't --- Horton payout debated at AMR bankruptcy hearing --- AMR merger approved, but $20M CEO severance/bonus on hold --- Tom Horton's Severance is Probably in the Golden Parachute Bag if the Court Applies the Business Judgment Rule Rather Than Section 503(c)of the Bankruptcy Code
(DBN)

AMR Corp. and the UCC file additional responses to U.S. Trustee objections on eve of hearing
(DBN)

On Verge Of Bankruptcy, Kingfisher Airlines Loses Airplanes
(DBN)

______________

Health Care:

Drama Unfolds In San Diego Hospice Bankruptcy
(DBN)

______________

Retailing:

Hey Walmart, It's Hard to Make Sales When Store Shelves Are Empty
(DBN)

Wal-Mart may get customers to deliver packages to online buyers
(DBN)

______________

Gambling:

Revel would have closed without emergency money
(DBN)

______________

Hollywood:

Before troubled $20 million grant, Digital Domain had lots of help from Tallahassee
(DBN)

Warner Bros. Disputes That Its VFX Work Is Assumed in Rhythm & Hues Sale
(DBN)

______________

Coal:

UMWA bringing thousands to protest Patriot bankruptcy plan --- Plans huge Patriot rally in W.Va. on Monday
(DBN)

Murray objects to bankruptcy
(DBN)

______________

Autos:

German union bosses approve Opel deal despite split
(DBN)

______________

Awards:

AlixPartners' John Dischner Named to Turnaround & Workout's 'People to Watch' List
(DBN)

______________

Derivatives:

Derivatives May Again be Biggest Risk for Global Economy
(DBN)

______________

Compensation:

AIG sets compensation clawback policy for executive wrongdoing
(DBN)

EU Governments Approve Banker Pay Curbs as U.K. Objects
(DBN)

______________

Food/Beverage:

Police restrain crowd from taking food after supermarket evicted - Food thrown out instead
(DBN)

______________

Tax:

What The IRS Doesn't Want You To Know
(DBN)

U.S. asks Liechtenstein for data in tax evasion probe
(DBN)

______________

Banking:

Survey: Americans say FDIC deposit insurance too high at $250,000
(DBN)

FDIC Sues New Century Bank Officers for $33 Million
(DBN)

Judge rules JPMorgan must face lawsuit over investments in Lehman
(DBN)

Bank Credit Risk Rises for 10th Day in Longest Streak Since 2011
(DBN)

______________

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 (20 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (17 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)

______________

Bankruptcy Statistics:

Going for Broke: U.S. Bankruptcy Filings [Infographic]
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

______________

Miscellaneous:

Bill on Bankruptcy: Freud, Marx Brothers, Madoff
(DBN)

______________

Plan Confirmation:

Partial Dirt-for-Debt Plans: No Cushion? No Confirmation
(DBN)

______________

Litigation:

Predictive coding is on the rise in courts
(DBN)

______________

Alternative Energy:

Sunset for Suntech
(DBN)

______________

Fraud:

Ex-Nixon Peabody Partner's Co-Defendant Gets 10-Year Term in Ponzi Scheme
(DBN)

Madoff Fraud and JP Morgan Chase's Actions
(DBN)

______________

Retailing:

JCPenney Exec Delivers Candid Assessment Of The Company's Turnaround Strategy
(DBN)

______________

Personal Finance:

Couple Explains What It Took To Pay Off $160,000 Of Debt During A Recession
(DBN)

9 Mistakes That Kill Your Credit
(DBN)

Groups Of Adults Turn To Cooperative Households To Save Money
(DBN)

______________

Printing:

Champion Industries defaults on debt
(DBN)

______________

Celebs:

Why Dionne Warwick Might Get Out of Paying $10M to the IRS
(DBN)

______________

Health Care:

Chapter 9 Bankruptcy Hits Hardeman County Hospital in Texas
(DBN)

Layoffs coming to Pleasant Valley Hospital
(DBN)

Study: Health Care Overhaul to Raise Cost of Claims 32%
(DBN)

How Fortune 500 companies plan to cut health costs: Act like Medicare
(DBN)

Electronic Health Records: Doctors Want to Keep Patients Out
(DBN)

______________

Television:

Rochelle Park-based Arab TV company files for bankruptcy
(DBN)

______________

Corporate Reform:

JPMorgan Chase Faces Full-Court Press of Federal Investigations
(DBN)

______________

UK:

Bubbles and bankruptcy: a British history
(DBN)

BOE Says U.K. Banks Have Capital Shortfall of $38 Billion
(DBN)

Amendments to the European Insolvency Regulation: How Would "Opting In" Affect the UK Finance Market?
(DBN)

Insolvency tax dodgers face five-year scrutiny by HMRC
(DBN)

Thiam’s $35.5 Billion Secret Deal Ignites U.K. Regulator’s Wrath
(DBN)

______________

EU:

Cypriot Banks Open Doors After Two Weeks as Customers Hunt Cash --- Calm Gives Way to Tension in Cyprus as Banks Reopen --- Cyprus readies capital controls to avert bank run --- Making up a euro solution on the fly --- BofA: 'Banks Will Never Look The Same Post-Cyprus' --- Cyprus Banks Are About To Reopen, And So Far It's Just A Bunch Of Reporters Hoping To Witness A Bank Run --- Convoy Of Trucks Reportedly Hauling Tons Of Fresh Euros As Cyprus Banks Prepare To Reopen --- G4S Readies Guards as Cypriot Banks Prepare to Open --- No money allowed to leave country --- A Furious Cyprus Begins Investigating Who Breached The Capital Controls
(DBN)

______________

PIIGS:

Allied Irish says restructuring done as loss narrows --- ie: Insolvency reforms 'won't stop bankruptcy tourism'
(DBN)

______________

Germany:

German unemployment rises unexpectedly in March
(DBN)

______________

France:

Hollande Economic Woes Masked by Cyprus Fig Leaf
(DBN)

______________

Brazil:

Brazil's CAOA says creditor rift likely to sink BVA deal
(DBN)

______________

The Daily Bankruptcy News is primarily a curated news link gathering service.   This means that most of the headlines contained in the publication are a collection of links to stories posted on the Internet by various third party publications.  Such content is owned by third party sources, not The Daily Bankruptcy News, and in some cases, these links change or expire, which means you may not be able to view some news stories in prior editions of the Daily Bankruptcy News. The DBN subscription fee is not a fee for access to the content of the links, but is a charge for the considerable work involved in gathering, organizing and presenting the links. Use of this site and The Daily Bankruptcy News is subject to our Terms of Use. If you received The Daily Bankruptcy News via email (and you have a paid subscription account), to view a news story, click on the headline, and the story should open in your web browser. To view additional stories, click back to the email and click on additional headlines, which will cause new stories to open in your web browser.  You can view the Daily Bankruptcy News on the web by clicking here.

Advertising
Advertising is available in The Daily Bankruptcy News. Click here for details  Feel free to contact us with any questions.

Passwords/Subscriptions
Access to certain links in The Daily Bankruptcy News is available only to readers holding a paid service subscription.  These links are currently marked with a "DBN" notation. The cost of a subscription is $58/year, payable annually.  Volume discounts are available for sites with multiple users. Click here to see a schedule of discounts. Complimentary subscriptions are available for full-time educational and governmental employees and for full time students. For information about discounts or educational/governmental subscriptions, contact us by clicking here. A separate password is required for each member of a firm wishing access to restricted links.

New readers can receive a free password good for 30 days by clicking here. 30-day passwords are not available to readers who have previously had a password, even if the password was associated with a different email address used by the reader. Refunds are not available after purchase.

Readers who wish to change their passwords should click here. Readers who have forgotten their password should click here.

Adding Your Email Address To The Distribution List
If you would like to start receiving The Daily Bankruptcy News by email each day, click here, and fill in the information requested.  There is no charge to be placed on the distribution list to receive the headlines, although access to many of the links behind the headlines requires a paid subscription (see above, under Passwords). If, after adding your email address to the distribution list, you do not receive an email confirming the addition, please contact us by clicking here for help.  

Removing Your Email Address From The Distribution List
If you already receive The Daily Bankruptcy News by email and you wish to remove your email address from the distribution list, click here and send the email that should appear.  You do not need to type anything in the body of the email message. Note that the email asking for removal must be sent from the same email address which is on our distribution list.
If you do not receive an email confirming deletion of your email address from the distribution list, contact us by clicking here for help.

If receive the publication forwarded from an older email address, you will need to contact us as described below for help removing that older address from our distribution list.

Press Releases/News Tips
Please send press releases and news tips to admin@bkinformation.com

Contact Us
The Daily Bankruptcy News is published each business day by BKINFORMATION.COM, L.L.C.  You can reach us at 281-402-3957 or at accounting@bkinformation.com (email inquiries are usually answered substantially more quickly than phone inquiries). Our mailing address is 935 Eldridge Road, No. 350, Sugar Land, Texas 77478.

 

Copyright 2013