May 28, 2013

The Daily Bankruptcy News

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Law:

Nationwide Layoff Watch: Staff Attorneys Getting Shafted
(DBN)

Sheppard Mullin, BakerHostetler, Cornell: Business of Law
(DBN)

Latham & Watkins, Kirkland, Weil Gotshal: Business of Law
(DBN)

Week Ahead in Bankruptcy : Coda, ResCap and AMR
(DBN)

Racial Diversity Efforts Ebb for Elite Careers, Analysis Finds
(DBN)

Berger Singerman's Business Reorganization Team Receives High Rankings In The World-Famous Chambers USA 2013 Guide
(DBN)

Howrey trustee hired to recover money in Dewey --- Ex-Dewey Partners Face New Foe in Firm's Bankruptcy
(DBN)

The rise of the fourth branch of government
(DBN)

Is The Moment Ripe? Notable Increase In Law School Applications --- Law School Applications Are Up (But Down)
(DBN)

‘Boys Clubs’ can be a source of workplace gender bias, partner says
(DBN)

Andrew Balbus, a Bankruptcy Lawyer with a Mission to Help
(DBN)

7 Things You Should Never Wear To The Office On Summer Fridays
(DBN)

Insurance lawyer falls to his death while inspecting roof for storm damage
(DBN)

Appeals court cuts ‘unconscionable’ legal bill from $44M to perhaps $3M
(DBN)

Summer Reading List — Tomorrow’s Lawyers
(DBN)

MBA Salary Expectations: Sober Reckoning or Wishful Thinking?
(DBN)

UK: Calls to Privatize the Courts
(DBN)

Bar Admission ‘Anniversary’ Plaques? Don’t Be That Guy
(DBN)

Man Jumps Off Building, Lands On And Kills Young Girl Walking Below
(DBN)

Oregon Teen Allegedly Planned An Attack Bigger Than Columbine
(DBN)

Former Bush Adviser's Son Charged In Alleged Murder With A Hatchet
(DBN)

Justice Department defends journalist email search
(DBN)

Judge apologizes for lack of transparency in leak probe
(DBN)

Why Sheriff Joe's Day May be Numbered --- Judge: Sheriff Joe Did Do Profiling
(DBN)

Prosecutor May Probe Facebook Over Girl Who Killed Herself After Online Bullying
(DBN)

Officials: Gunman in Texas rampage was Marine
(DBN)

Policemen Pop Post-It Note Perpetrator
(DBN)

Assault With A Deadly . . . Garden Gnome?
(DBN)

Man says Walmart suspected him of kidnapping kids -- because they're biracial
(DBN)

Judge blocks bid to stop 'Brooklyn D.A.' show
(DBN)

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Judges:

Sotomayor takes SCOTUS chief justice seat to re-enact famous baseball case
(DBN)

Sitting judge is held and under federal investigation
(DBN)

Judges You’d Totally Want To Hang Out With This Weekend
(DBN)

Judge McCree Gets Off On Robbing Cradles
(DBN)

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Wall Street:

U.S. Stock Futures Climb After S&P 500 Posted Weekly Loss
(DBN)

Markets Are Rallying All Around The World
(DBN)

Economic Reality Finally Cracks Market Fervor
(DBN)

Wall Street Intern Mistakes
(DBN)

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Layoffs:

Job Creation Under the Last 5 Presidents
(DBN)

12 Jobs That Must Evolve Or Die
(DBN)

There's Been A Mass Exodus From The US Workforce, And It's Going To Continue For Decades
(DBN)

Black Unemployment Is Still Shamefully High
(DBN)

Fight continues to help laid off Vertis workers
(DBN)

In the Future We’ll All Be TaskRabbits
(DBN)

Talent Shortage: Employers Struggle to Fill Vacancies
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Autos:

What Better Place's bankruptcy tells us about the future of electric cars --- The lesson from Better Place’s bankruptcy: Be more like Tesla --- Renault plays down collapse of Israeli-US battery firm --- How The Better Place Bankruptcy Is Relevant To Tesla's Achilles' Heal --- The fall of Better Place: When vision isn't enough --- Renault to End Better Place Partnership After Bankruptcy
(DBN)

Henrik Fisker bidding with Hong Kong tycoon to get his company back
(DBN)

Where are they now (Fisker edition)? The story gets even weirder
(DBN)

Can Investor Revive Tesla Rival Fisker, Buy DOE Loan?
(DBN)

Attorneys for government, unsecured creditors file objections to CODA bankruptcy plan
(DBN)

May Vehicle Sales forecast to be at or above 15 million SAAR
(DBN)

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Awards:

Ericka Johnson Appointed to Leadership Roles in ABI, IWIRC
(DBN)

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Mass Torts:

Pittsburgh Corning Judge Approves Plan, Rejects Insurers
(DBN)

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Golf:

Woodcrest's $10.1M sale gets approved
(DBN)

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Credit Reporting:

Here's What We Can Tell About You Based On Your Credit Score
(DBN)

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Agriculture:

Madonia Family in Bankruptcy ; Tomato Farms, Land for Sale
(DBN)

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Fraud:

New bankruptcy petition filed in Soddy-Daisy Ponzi scheme case
(DBN)

$6.8M scam leaves trail of foreclosures, bankruptcies
(DBN)

Judge keeps trustee on Vaughan case
(DBN)

Peter Madoff's New York mansion up for sale
(DBN)

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Economy:

The Lesson of a Falling Bridge
(DBN)

America: Where the Poor Don't Get Holidays Off
(DBN)

The Long-Term Costs of the Sequester Battle in America
(DBN)

On Memorial Day, America Honors Soldiers By Cutting Their Benefits
(DBN)

Definition of generational cohorts
(DBN)

TARP transactions cost the federal government less than expected
(DBN)

11 Skyscrapers That Predicted History's Worst Financial Crises
(DBN)

Nations Around The World Are Getting Smoked By Corporations
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Buffett's Berkshire Thinks This Bankruptcy Deal Stinks
(DBN)

Zillow: 44% with Mortgages Can't Sell Home
(DBN)

WCI plans $150 million IPO
(DBN)

N.Y. Assembly passes 'shadow docket' legislation
(DBN)

Ally settlement may be a boon for ResCap bondholders
(DBN)

Illinois Legislature and Court Clarifies Confusion on Mortgage Requirements after In re Crane
(DBN)

Appraisers Go After Chase for Fees from Failed AMC
(DBN)

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Student Debt:

In Showing Undue Hardship, Court Is Not Allowed To Come Into Your House and Repurpose Your Wife
(DBN)

7 million students brace for surge in loan rates
(DBN)

Pricking the college loan bubble
(DBN)

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Health Care:

It Looks Like Obamacare May Not Be A 'Train Wreck' After All
(DBN)

High-End Health Plans Scale Back to Avoid ‘Cadillac Tax’
(DBN)

Mysterious 'Alien Hand Syndrome' Is Embarrassing And Terrifying
(DBN)

IRS role in Obamacare
(DBN)

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Aviation:

AMR's $20 Million Severance Pay for CEO Horton Opposed by US --- Severance package from AMR again under fire
(DBN)

AMR Seeks to Buy Back Bonds Ahead of US Airways Merger
(DBN)

Citigroup Presses AMR to Decide on Credit-Card Tie
(DBN)

40% Of People Never Use Their Frequent-Flyer Miles
(DBN)

Plane Passengers Use Shoelaces To Stop Guy From Trying To Open Exit Door
(DBN)

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Tax:

The IRS Scandal Is a Test: Is It Too Hard to Fire Misbehaving Bureaucrats?
(DBN)

IRS controversy puts White House counsel in spotlight
(DBN)

IRS was Right to Flag Some Groups
(DBN)

If Corporate Profits Are at an All-Time High, Why Are Corporate Taxes Near a 60-Year Low?
(DBN)

Eric Schmidt's Justification For Google Paying Only £10 Million In Tax On £12 Billion In Sales
(DBN)

Credit Suisse warns of U.S. tax spat escalation if talks fail
(DBN)

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Accounting:

Grant Thornton Settles Claims from Winstar Bankruptcy
(DBN)

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Municipalities:

Who takes hit in city bankruptcies: bondholders or workers?
(DBN)

States sinking in pension plan debt
(DBN)

Stockton And San Bernardino Bankruptcies Follow Divergent Paths
(DBN)

San Bernardino: City enters legal quagmire with recalls
(DBN)

Economist faults both Stockton plans
(DBN)

Detroit emergency manager ponders a sell-off
(DBN)

Battle brewing over Detroit museum collection --- Detroit Museum Says No to Sales --- Says art collection a public trust, not for sale --- Met Director Decries Detroit Bid to Pillage Own Museum
(DBN)

The DIA has just received its last gift --- DIA backers band to fight potential sale of artwork --- Met director decries idea of Detroit pillaging the DIA collection
(DBN)

On DIA, Orr tells the truth
(DBN)

Detroit's foundations spread money through broken city
(DBN)

What crisis? Detroit pension fund trustees jet to Hawaii
(DBN)

Bankruptcy question clouded in Groton
(DBN)

Mayor of fiscally distressed Harrisburg ousted --- Will a new face in the mayor's office improve Harrisburg's image?
(DBN)

California's New Problem: Too Much Money --- Jerry Brown is Restoring the California Dream
(DBN)

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Coal:

James River Coal: How Its Debt Swap Affects Valuation And Bankruptcy Risk
(DBN)

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Manufacturing:

Bankrupt Keene manufacturing company sues buyer of its assets
(DBN)

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Office Supplies:

Chordus Inc. files Ch. 11 bankruptcy
(DBN)

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Non-Profits:

Iconic Not-For-Profit Agency Emerges Out of Bankruptcy
(DBN)

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Data:

Will Phillip Frost bid for TLO in bankruptcy?
(DBN)

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Ethanol:

Struggling Ethanol Makers Hope to Snap Back
(DBN)

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Personal Finance:

I Am A Trust Fund Baby And I Did Nothing To Earn It
(DBN)

The Three Cheapest Things You Can Buy At Costco
(DBN)

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Health and Beauty:

Fat-Melting Laser Distributor Files for Bankruptcy
(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 (25 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 Bonuses:

Trustee Opposes $20 Million Payout To American Airlines CEO
(DBN)

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Miscellaneous:

The Bankruptcy Files: Big Ideas Go Bust
(DBN)

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Bankruptcy Statistics:

Interactive Bankruptcy Statistics Map
(DBN)

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Eligibility:

Bankruptcy Court Construes Operating Agreement to Determine Chapter 11 Filing Authority
(DBN)

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Discharge:

US Supreme Court Deciphers "Defalcation" in Bullock: A Canonical Exercise in "Reading Law" (Scalia/Garner)
(DBN)

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Finance:

Make Whole: In re School Specialty, Inc.
(DBN)

____________

Examiners:

Unseal ResCap report
(DBN)

____________

Recent Pleadings:

UST Objects to AMR Disclosure Statement, Slams Horton Payment and Payment of Committee Members' Legal Fees
(DBN)

Trustee Denied Stay Of Order Forcing Him To Step Down From All Pending Appointments
(DBN)

______________

TBTF:

Regulating Bank Governance: Mandating CEO-Chairman Division at Too-Big-to-Fail Banks
(DBN)

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Celebs:

Former Razorback Coach John L. Smith Settles Transfer Dispute in Bankruptcy Case
(DBN)

13 Of The Ugliest Celebrity Bankruptcies In History
(DBN)

Billy Joel clarifies bankruptcy rumors
(DBN)

IRS Targets Dionne Warwick's Tax Debt
(DBN)

The Broke and the Beautiful: Sinbad Edition
(DBN)

Amanda Bynes Showed Up To Court Looking Disheveled In A Blonde Wig
(DBN)

All-American Cheese Racer Skunks Brits :)
(DBN)

The 17 Most Hated Celebrities Of The Year
(DBN)

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Furniture:

Judge OKs shredding of Linwood's records
(DBN)

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Sovereigns:

Citibank Asks US Court for Argentina Bond -Payment Assurances --- Citibank Argues Bond Rulings Don't Apply to Argentina Branch
(DBN)

Argentina Bond Judge Says He Can't Rule on Citigroup Request
(DBN)

Argentine case a test for debt restructurings, states IMF
(DBN)

Rating agencies alert to Argentina debt ruling, souring economy
(DBN)

Bondholders spark US legal drama over Argentine debt
(DBN)

IMF frowns at holdouts' case
(DBN)

IMF launches broad review on sovereign debt restructurings
(DBN)

____________

UK:

UK: 20% of Shops Will Fail by 2018
(DBN)

U.K. Banks Cut 189,000 With Employment at Nine-Year Low
(DBN)

More Irish moving to Britain for bankruptcy --- Ireland needs to sort bankruptcy tourism
(DBN)

Irish property developers penalized for trying to abuse UK bankruptcy system
(DBN)

High-living bankrupts are laughing at all of us
(DBN)

Rangers fans tell Platini to ferme la bouche after bankruptcy claim
(DBN)

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EU:

The Only Difference Between The US And Europe That Matters
(DBN)

Germany Will Now Gamble on Stimulus
(DBN)

Restructuring expert appointed interim CEO of Bank of Cyprus
(DBN)

The Youth Unemployment Chart That Could Destroy Europe
(DBN)

German Home Boom as Europe Stagnates Set to Hurt Merkel Bid
(DBN)

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PIIGS:

Spain's Route to Recovery: What's Missing? --- Shares in Spain's Bankia fall 20 pct after cash injection --- Bankia stock tumbles after new shares hit market
(DBN)

ie: Banks must face reality and solve the mortgage crisis for all our sakes --- Banks, we're watching you on debt relief offers --- Ulster Bank missed Dunne '12 times' --- Two bankrupt Irish developers penalized in UK for hiding assets
(DBN)

The Sad Decline Of Italy's Once Massive Appliance Industry
(DBN)

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Canada:

Americans Are a Lot More Miserable About the Economy Than Canadians
(DBN)

Suddenly bankrupt: People with great credit scores are hurtling into crisis
(DBN)

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France:

French Consumer Confidence Collapsing
(DBN)

As Rich Parisians Flee the Taxman, Real Estate Prices Fall
(DBN)

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Netherlands:

Dutch independent retailer Free Record Shop files for bankruptcy
(DBN)

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China:

Bankruptcy trustees reveal their real value
(DBN)

China’s Millennials Face Tough Job Market
(DBN)

China is starting to get embarrassed about its tourists’ obnoxious behavior abroad
(DBN)

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