May 8, 2013

The Daily Bankruptcy News

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Law:

Cadwalader bankruptcy co-chairs to leave for O'Melveny & Myers --- O'Melveny Snags Cadwalader Bankruptcy Leaders --- Bankruptcy co-chairs leap from Cadwalader to O’Melveny, along with another partner --- O'Melveny to Add Preeminent Restructuring Team
(DBN)

Advisers' Tab in Dewey Bankruptcy Hits $23.6 Million
(DBN)

Will litigation financing lead to ‘reversal of epic proportions’ in hard-hit legal market?
(DBN)

Shearman Kuwait Deal, Baker & McKenzie: Business of Law
(DBN)

Kathy Bazoian Phelps Interviewed
(DBN)

Reconsidering the Conventional Wisdom on the Legal Job Market
(DBN)

Repositioning Your Bankruptcy Practice
(DBN)

Howrey and Heller United on Clawback Question
(DBN)

New federal agency sues 2 law firms over debt-relief fees; one attorney is also criminally charged
(DBN)

Linklaters hikes NQ pay by £2,500 as firm unveils 2013-14 salaries
(DBN)

A Blinking Light Locating A Weak Point In An Argument
(DBN)

Tracking Numbers Key to Duane Morris' Project Management
(DBN)

Some Reflections on the Am Law 100 Rankings
(DBN)

Gossip Keeps Life Interesting At The Firm
(DBN)

You're Fired (The Five Things You Must Do Right Away)
(DBN)

The Secrets of Mingling at Legal Events
(DBN)

LinkedIn is 10 years old : Now a personal CRM system for lawyers
(DBN)

How Much Does Your Law Professor Make? Michigan Law Edition
(DBN)

Adding Athleticism To Law School Graduation Ceremonies
(DBN)

Yale Law Students Refuse To Participate In Most Impressive Students List
(DBN)

Website Allows Comparison Shopping for Law Schools
(DBN)

Recent law school grad job rate ticks up sharply
(DBN)

Law Deans Scramble
(DBN)

What Law Students Aren't Learning, and Why It Matters
(DBN)

The ATL Top 50 Law Schools: A Roundup of Criticism
(DBN)

Law License Plates: Models, Bottles, and Tax Studs
(DBN)

Sorry, But Whips and Chains Don’t Excite Foxy Knoxy
(DBN)

Arrested & Beaten for Dozing in Class
(DBN)

Dynamo Legal founder’s eyebrows
(DBN)

Judge Refers 'P****-Trolling' Law Firm to Feds
(DBN)

Neighbors Reportedly Saw Women On Leashes In Backyard Of Kidnapping Suspect's House --- Kidnapping Victim Was Hanging Out With Suspect's Daughter Right Before She Disappeared --- Elizabeth Smart: Give The Cleveland Kidnap Victims Some Privacy --- Kidnapping Suspect's Son: 'The House Was Always Locked, There Were Places We Could Never Go'
(DBN)

Woman Busted for DUI While Celebrating Getting Her License Back From Prior DUI [Seriously]
(DBN)

Fake Nuns Busted After Hiding Cocaine Under Habits
(DBN)

Man Arrested After Trying To Return Pipe Bomb At Gun Buyback - "God no longer wanted him to use that bomb to blow up the Hollywood sign"
(DBN)

Two 7-Year-Old Boys Suspended For Pretending Pencils Were Guns
(DBN)

Say What?!
(DBN)

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Judges:

Prenda Boldly Benchslapped Where No One Has Gone Before
(DBN)

The High Price of the Federal Bench
(DBN)

Daughter of Delaware courthouse shooter seeks custody of slain mom’s 3 kids
(DBN)

Judge jails lawyer and client over tardy arrival for jury selection
(DBN)

Alito and Roberts are the most pro-businesses justices since 1946, study finds
(DBN)

Melvin sentenced to 3 years of house arrest, 2 years of probation for using state employees for campaign work
(DBN)

Scalia can see clearly now
(DBN)

______________

Wall Street:

Stock futures drift after Dow's 15000 milestone
(DBN)

US stocks close with Dow above 15000
(DBN)

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Layoffs:

Best Cities for Jobs in 2013
(DBN)

BLS: Job Openings decreased slightly in March
(DBN)

The labor market won’t be healthy until people feel like they can quit their jobs
(DBN)

US job postings fell in March; hiring slowed
(DBN)

America's Retail Workforce May Already Be Getting Squeezed By Obamacare
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Small Appliances:

Oreck files for bankruptcy , eyes sale
(DBN)

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Lehman:

Citigroup sues Barclays over losses tied to Lehman
(DBN)

Citi Didn’t Stress Too Much About That Whole Lehman Bankruptcy Thing
(DBN)

Lehman puts Ritz-Carlton Maui resort up for sale
(DBN)

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Economy:

Job Openings in the US Drop From Almost Five-Year High --- Slow Hiring Holding Back Job Market
(DBN)

Disposable Personal Incomes Are Rising For The Wrong Reasons
(DBN)

Middle-Aged Americans Most Worried About Finances
(DBN)

Warren Buffett To Women: Stop Holding Yourself Back
(DBN)

Hedge Funder: Bernanke Is 'Uprooting The Basic Stability Of Society'
(DBN)

Elizabeth Warren urges repeal of sequester, higher taxes for the wealthy
(DBN)

Economists see signs of growth for financial services sector
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Home Prices Are Climbing At The Fastest Pace Since March 2006
(DBN)

Here's What Is Really Behind Home Price Gains
(DBN)

Existing Home Inventory is up 12.2% year-to-date on May 6th
(DBN)

Trulia: "Rent growth has slowed"
(DBN)

Survey: Majority of Americans forecast home prices to rise
(DBN)

Fannie Mae, KPMG agree to pay $153 mln to end shareholder lawsuit
(DBN)

Pro se homeowner wins rare federal stay of sale in foreclosure case
(DBN)

Majority of surveyed Americans expect home prices to rise
(DBN)

The future of the secondary mortgage market remains foggy
(DBN)

Judge Lets ResCap Control Bankruptcy Case for 30 More Days
(DBN)

Homeownership Linked to Higher Unemployment
(DBN)

Banks Not Especially Eager To Start Handing Out Mortgages To People With Credit Scores In The Low 400s Yet
(DBN)

Florida Default-Prone Bonds Proving Most-Wanted
(DBN)

Defunct Parkway Point Condo Plan Gets New Hope, Press
(DBN)

Developer on trial files for bankruptcy
(DBN)

____________

Aviation:

Key revenue measure falls at Southwest Airlines
(DBN)

______________

Credit Counseling:

Debt-Repair Firm Charged in First CFPB Criminal Referral
(DBN)

NY officials vow attack on predatory debt-fixing
(DBN)

_____________

Publishing:

Borders Bankruptcy Wends On
(DBN)

______________

Celebs:

Trump Ocean Club in Panama Wants to Keep Deal With Namesake Under Wraps
(DBN)

Casey Anthony lawyers due back in court --- Bids for Casey Anthony's Life Story Are Completely Unbelievable
(DBN)

Casey Anthony trustee withdraws plan to sell her life story in bankruptcy
(DBN)

______________

Accounting:

1 In 5 Companies Is Cooking The Books?
(DBN)

______________

Autos:

Hasty Deal to Save Chrysler in Depths of Crisis Returns to Haunt
(DBN)

______________

Alternative Energy:

Konarka Technologies Files for Chapter 7 Bankruptcy Protection
(DBN)

______________

Municipalities:

Moody's: muni defaults have increased since financial crisis
(DBN)

Moody's Says Cities View 'Strategic Default' as Less Taboo
(DBN)

Good Faith: Not Always as Easy as it Sounds
(DBN)

Calpers: bankrupt San Bernardino has more cash than first admitted
(DBN)

San Bernardino, creditors point to progress in bankruptcy court
(DBN)

Judge may set workout deadline in biggest U.S. muni bankruptcy
(DBN)

Hedge funds in search of distress take a look at Detroit
(DBN)

______________

Corporate Governance:

Tracking Changes in Women's Corporate Roles
(DBN)

______________

Photography:

Kodak Pension Deal Was No Snap Decision
(DBN)

______________

Consumer Credit:

Slower Consumer Credit as People Use Plastic Less
(DBN)

______________

Fraud:

Lawyer who defended father-son investor team joins Morgan Lewis
(DBN)

Merkin investors must wait for Madoff payout
(DBN)

Investors argue against liquidation in Belmont case
(DBN)

______________

Corporate Reform:

White Makes Case for Bigger S.E.C. Budget
(DBN)

Prosecuting bankers: Blind justice
(DBN)

______________

Food/Beverage:

In bankruptcy , many Applebee's may close
(DBN)

13 Mouthwatering Cicada Dishes For The Summer :)Freform
(DBN)

Dinner At The NEW Best Restaurant In The World
(DBN)

______________

Non-Profits:

Hearing on Seven Counties bankruptcy offers glimpse of coming arguments
(DBN)

______________

Politics:

Bankruptcy judge orders probe of Hart's finances
(DBN)

Poll: Americans Are Pretty Cool With Politicians Cheating on Their Spouses As Long As It's Not With A Pros
(DBN)

______________

Gambling:

Revel takes steps to restructure finances, ownership
(DBN)

______________

New Bankruptcy Opinions
(2 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (22 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)

______________

Bankruptcy Statistics:

Are These Companies in Danger of Going Bankrupt?
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

______________

Recent Pleadings:

 

______________

Cross-Border:

Recognition of Offshore Insolvency Proceedings: 'Fairfield Sentry'
(DBN)

______________

Insurance:

N.Y. Appeals Court Revives Bond Insurer's Claims Against Goldman Sachs
(DBN)

Was the BofA, MBIA settlement a true win-win?
(DBN)

______________

Entertainment:

'Girls Gone Wild' founder convicted of assault
(DBN)

______________

Finance:

Banks (Finally)Ready to Start Lending Again
(DBN)

______________

Telecoms:

Nortel Networks : U.S. Court Refuses to Delay Nortel Trial over $7.3 Billion
(DBN)

______________

Health Care:

Jury seated, openings begin in Vegas hep C trial
(DBN)

______________

Education:

Only 150 of 3500 U.S. Colleges Are Worth the Investment
(DBN)

Jobs Of The Future Don't Require A College Degree
(DBN)

______________

Retailing:

JC Penney Cites Ousted CEO's Plans in Sales Miss
(DBN)

Penney sales tumble again, amid hopeful signs
(DBN)

Blackstone funds exit General Growth Properties
(DBN)

______________

Oil/Gas:

Lenders Led by Credit Suisse Win ATP Auction --- ATP Oil & Gas to Sell Assets to Lenders After Auction
(DBN)

______________

Student Debt:

Someone Actually Made a Horror Movie About Student Debt
(DBN)

______________

Yachts:

Yacht Path debt estimated at $21M
(DBN)

______________

Hedge Funds:

Hedge Funds Are Getting Their Teeth Kicked In This Year
(DBN)

______________

Credit Reporting:

FTC puts background check sites on notice
(DBN)

______________

Tax:

“Auditing” an EDNY Decision with a Plethora of Tax Issues
(DBN)

Taxman Sends Message With Lauryn Hill Verdict
(DBN)

______________

Coal:

Patriot Coal exclusivity extended to Sept. 2; trustee bid denied
(DBN)

King Coal Losing Crown as U.S. Gains Energy Independence
(DBN)

______________

UK:

SRA: we expect more large law firms to go under
(DBN)

Insolvencies - At a 5 year all time low
(DBN)

Australia’s publicly traded Slater & Gordon raising $64M to buy more UK personal injury firms
(DBN)

Watchdog bans Kerry Katona ad for 2,000% APR payday lenders Cash Lady
(DBN)

______________

EU:

France, Germany's Bond is Fraying
(DBN)

France, Germany's Bond is Fraying
(DBN)

Euro Zone to Speed Up Banking Union
(DBN)

German Industrial Production Comes In Much Better Than Expected
(DBN)

The ECB May Start Buying Up Bad Loans From Southern European Banks
(DBN)

______________

PIIGS:

Portugal sells bonds for first time since bailout
(DBN)

Eight things we learned about Sean Dunne from his bankruptcy
(DBN)

IMF Lauds Greece, But Cites Tax Cheats
(DBN)

Germans are buying up homes that Italians can no longer afford
(DBN)

______________

Germany:

German banks seek to shed over 600 bln euros in assets
(DBN)

______________

Brazil:

Regulator seeks speedy resolution of Grupo Rede bankruptcy
(DBN)

______________

China:

China's Ghost Cities: Myth v. Reality
(DBN)

Have A Problem With Your China Counterparty? DO NOT Go Visit Them.
(DBN)

______________

MENA:

Dubai says looking at alternate plan for debt repayment
(DBN)

______________

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