May 2, 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

Law:

S&C's Work on Kodak Case Yields Key Deal and Big Fees
(DBN)

How The Am Law 100 Makes Its Money
(DBN)

Former Dewey Head's Payments Could Be Little
(DBN)

Howrey's Bankruptcy and Big Law Firms' Small Future
(DBN)

A Radical New Law School Ranking Comes Up With Predictable Results
(DBN)

Is the legal job market really that lousy? Conventional wisdom ignores the long term, law prof says
(DBN)

For New York Lawyers, Pro Bono Disclosure Now Required
(DBN)

Firms Eschew Mandatory Arbitration Clauses With Clients
(DBN)

Unemployment Filings on Rise for Ga. Lawyers
(DBN)

ALM Releases 2013 Alternative Fee Arrangement Report: Still Hazy After All These Years
(DBN)

MoFo Turns to Tokyo for Department Heads: Business of Law
(DBN)

Eversheds votes in Ireland chief as new international chairman
(DBN)

Is Cleavage the New Power Tie?
(DBN)

Miami attorney named president of American Bankruptcy Institute
(DBN)

FBI: New Suspects In Bombing Case Disposed Of Evidence To Help Tsarnaev 'Avoid Trouble' --- The Criminal Complaint Against The New Suspects In The Boston Bombing Case --- Dzhokhar Tsarnaev Allegedly Texted 'lol' To Friend Who Said He Looked Like Bombing Suspect --- 'Preliminary' Talks Are Under Way For A Plea Deal For Dzokhar Tsarnaev: Report
(DBN)

A Summer Associate Hook-ups Poll: The Criss-Cross Stratagem
(DBN)

Career Alternatives for Attorneys: Greeting Card Maker
(DBN)

New Bill: Gov't Gets Unprecedented Access to Your Info
(DBN)

5-Year-Old Accidentally Shoots, Kills His Sister Using A Rifle Made For Children
(DBN)

Amanda Knox Explains Why She Acted So Weird After Her Roommate's Murder
(DBN)

Police Burst Into School Wearing Hoodies and Firing Weapons In Unannounced Drill
(DBN)

Say What?!
(DBN)

______________

Wall Street:

Stock futures edge up ahead of ECB rate decision
(DBN)

Wall St drops on data, earnings
(DBN)

NYSE Margin Debt Is Near Its Highest Level Ever
(DBN)

______________

Layoffs:

How workers are getting screwed all around the world
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Food/Beverage:

Dylan Prime in Tribeca Files for Bankruptcy Over Taxes
(DBN)

The Best Mexican Food In Big Cities Around The US
(DBN)

90% Of Ground Turkey Contains Disease-Causing Bacteria
(DBN)

15 Etiquette Rules For Dining At Fancy Restaurants
(DBN)

______________

Alternative Energy:

Suntech Revenue Drops as Debt Restructuring Talks Advance --- To delay full-year 2012 results
(DBN)

Venture unit may give A123 a fresh start
(DBN)

______________

Finance:

Ally Financial Profit Surges on Gain --- Ally Focused on Repaying Treasury
(DBN)

______________

Photography:

Kodak to exit bankruptcy a different company --- Bankruptcy 's end: What Kodak's latest steps mean
(DBN)

______________

Coal:

Patriot CEO says proposed cuts are workers' best chance
(DBN)

______________

Hotels:

Israeli lender seeks to foreclose on Hotel Syracuse
(DBN)

______________

Municipalities:

Detroit mayoral candidates face off at public forum
(DBN)

California's bankrupt Stockton reaches debt settlement with Ambac
(DBN)

______________

Scrapbooking:

Scrapbook Supply Companies Clip out Chapter 11 Petitions
(DBN)

______________

Golf:

Lenexa golf club files bankruptcy to fend off foreclosure
(DBN)

______________

Economy:

Fed Blames Congress And Obama For Slow Economy --- Federal Reserve ponders possibility of increasing stimulus
(DBN)

Bank of America's Harris Says FOMC Statement Shows No Exit Yet
(DBN)

Fed Presses Ahead With Bond Buys as Inflation Slows
(DBN)

Companies hire less, manufacturing growth slows in April
(DBN)

Republicans Have A New Strategy On The Debt Ceiling, And Conservatives Already Hate It
(DBN)

The Pope Called One Of The Foundations Of The Global Capitalism System 'Slavery'
(DBN)

These CEOs Make A 1000 Times More Than Their Average Employee
(DBN)

New Study Shows That Expanding Medicaid Does Nothing To Improve People's Health
(DBN)

Hungry Pets Can Now Get Pet Food Stamps
(DBN)

Countries That Require People To Take Vacation
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

Ally Again Says It Isn't Responsible for ResCap's Bankruptcy --- Ally Says Bondholder Group Pulls Support for ResCap Bankruptcy
(DBN)

Homeownership Falls to 1995 Levels
(DBN)

Sanction vs bank in foreclosure case went too far: appeals court
(DBN)

Shiller: Enough With The Happy Housing Talk -- House Prices Will Be Flat For 10 Years
(DBN)

Obama to Replace DeMarco at FHFA
(DBN)

Widespread principal reductions could save taxpayers $2.8 billion
(DBN)

Trump Developer Files for Bankruptcy Protection
(DBN)

Mortgage applications pick up after slump
(DBN)

N.Y. Federal Judge Revives MBS Claims Against Banks
(DBN)

Five Takeaways From the Latest Case-Shiller Report
(DBN)

___________

Retailing:

Incredible New JCPenney Ad: We Screwed Up
(DBN)

JCPenney is trying to get customers back
(DBN)

______________

Autos:

General Motors, Ford and Chrysler post strong April auto sales
(DBN)

GM to Invest 4 Billion Euros in Opel/Vauxhall
(DBN)

The Failed Electric Coda Sedan Was One Ugly Car
(DBN)

______________

Portraits:

CPI Files Bankruptcy to Liquidate Assets
(DBN)

______________

Banking:

Banks Feel Heat on Capital - Long-Term Debt Proposal Aims to Ensure Creditors Share in Cost of Failure
(DBN)

Libor-Scandal Litigation: After Federal Court Dismissal, Schwab Pursues State Court Suit
(DBN)

______________

Lehman:

Lehman Brothers sues Intel over $1 billion seized collateral
(DBN)

______________

Fraud:

Van Gilder pleads guilty to securities fraud in Delta Petroleum case
(DBN)

Wells Fargo Settles Ponzi-Related Lawsuit for $105M
(DBN)

______________

Construction:

Public Spending On Construction Hits Its Lowest Levels Since 2001
(DBN)

______________

Tax:

Reorganization Plan Qualifies for Bankruptcy Exception to NOL Limitation Rules
(DBN)

Ambac Seeks Bankruptcy Court Approval of Settlement with Government Resolving Dispute Arising out of Tax Treatment of Credit Default Swaps
(DBN)

Billionaire Tax Haven Liechtenstein Loses on Bank Reforms
(DBN)

______________

Telecoms:

Nortel Fight for $7 Billion Slowed by Appeal, Lawyers Say
(DBN)

______________

Entertainment:

"Girls Gone Wild" Chapter 11 Case - [Insert Joke Here]
(DBN)

______________

Mass Torts:

Austria's RHI settles last U.S. asbestos claims
(DBN)

______________

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 (28 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (87 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:

Hawaii bankruptcy filings decline 19 percent
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

______________

Miscellaneous:

Bill on Bankruptcy: Kodak Plan Bumps the Debt, Craters Stock
(DBN)

______________

Claims Trading:

New Fee Alert: New Claims Transfer Fee Takes Effect
(DBN)

______________

Eligibility:

Gay couple's legal move could lead to big changes
(DBN)

______________

Bankruptcy Bonuses:

Trustee asks bankruptcy judge to OK $728,300 in bonuses to employees of firm accused of violating N.J. campaign finance law
(DBN)

______________

TBTF:

The Case for Megabanks Fails
(DBN)

______________

Insurance:

Ambac Financial Group Emerges From Bankruptcy
(DBN)

______________

Politics:

The New House Finance Chair Went On A Luxurious Ski Vacation With Wall Street's Top Bankers
(DBN)

_____________

Electricity:

City votes to leave power business
(DBN)

______________

Fraud:

Defunct Madoff Brokerage Cost $774.8 Million to Liquidate
(DBN)

______________

Health Care:

More Personal Details on Obamacare
(DBN)

______________

Sovereigns:

Bill Gross: 4 Ways The Government Steals Your Money - There Will Be Haircuts
(DBN)

______________

UK:

UK Coal strives to save mines after crippling fire
(DBN)

Court issues arrest warrant for Lee Hendrie
(DBN)

Crude Broker Talk Surfaces in London Trading Probe
(DBN)

______________

EU:

EU: More Wealth Confiscation Coming
(DBN)

The European Implosion Continues
(DBN)

The Eurozone's strongest economy continues to contract
(DBN)

______________

PIIGS:

Greece Turning A Corner?
(DBN)

Bankruptcy officials add Manhattan project to Dunne probe
(DBN)

______________

France:

French Manufacturing Has Its Best Month In 4 Months, And It's Still Dismal
(DBN)

______________

China:

Gauge Shows Further Signs of Weakness in China
(DBN)

______________

Australia:

Australian tycoon Tinkler faces legal action for insolvent trading
(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