November 1, 2013

The Daily Bankruptcy News

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Law:

Rumored BigLaw Mergers Are Blockbusters
(DBN)

Efficiency Is the New Legal Pedigree
(DBN)

The Real Lessons of the Dewey & LeBoeuf Collapse
(DBN)

US News: America's Best Law Firms 2014 --- Best In Bankruptcy
(DBN)

Judge Skeptical of Overtime Pay Suit Against Skadden
(DBN)

How the Magic Circle Lost the Battle for New York
(DBN)

Baby Boom: For Second Year in a Row, Large Firms Continue to Bring In More Baby Lawyers
(DBN)

Allen & Overy increases associate salaries across the board
(DBN)

The World’s Most Powerful Lawyers and Law School Graduates
(DBN)

Slaughter and May and Linklaters lovebirds face court for insider dealing
(DBN)

Denver: High-profile bankruptcy lawyer accused of violating federal rules to attract clients
(DBN)

The Law Schools Where Students Have The Best 'Social Life'
(DBN)

Number of LSAT Test Takers Is Down 45% Since 2009 --- LSAT Tea-Leaf Reading: October 2013 Edition
(DBN)

Legal Education: We’re Never Coming Back
(DBN)

5 Ways To Stay Awake In Class (That You Might Not Know About)
(DBN)

Halloween-over: Law School Bans Alcohol In Building Named After Beer
(DBN)

The Haunted House Always Wins
(DBN)

iDevices in the news
(DBN)

Law Firms Should Use Proactive, Curated Approach to Online Marketing
(DBN)

BYOD and Beyond: ACC Addresses Security Risks in the Digital Age
(DBN)

Ex-Rite Aid GC's Suit Against Duane Morris Revived
(DBN)

The Many Roles of the Generalist Counsel
(DBN)

Jimmy Kimmel Pranks People With 'Scented iPhone'
(DBN)

Biden’s niece sports black eye in court
(DBN)

Is Your Employee Texting While Driving? You May Be Liable
(DBN)

Lawyer mom accused of planting drugs in PTA volunteer's car pleads guilty
(DBN)

Obama Orders NSA To Stop Spying On The World Bank, IMF --- Kerry: Some NSA Spying Went Too Far --- Angry Over Surveillance, Tech Giants Bolster Defenses --- Famous Data Leaker Hired to Work Around Russian Web Data
(DBN)

Gigantic Drug-Smuggling Tunnel Found Under US-Mexico Border
(DBN)

Victims in $6M client-theft case to get $3.25M; accused lawyer may not be competent for trial
(DBN)

This Is How You Shame Prosecutors For Their Stupid Motion
(DBN)

Bonkers Law Firm Website of the Week: Chairman Edition
(DBN)

5th Circuit Reinstates Texas Abortion Restrictions
(DBN)

Severed finger left at scene of alleged copper caper leads to suspect’s arrest
(DBN)

'Produce a Corpse'
(DBN)

Lawyer undergoes extreme body modification to become Vampire Lady (complete with horns)
(DBN)

24 bombs found at NC man's barricaded home
(DBN)

A NYC Delivery Truck Backed Over A $300,000 Ferrari Yesterday
(DBN)

How A Writer Cracked Open A Decades-Old Murder Case In Greenwich, Conn.
(DBN)

Men In 'Scream' Masks Pull Off $300,000 Armored Car Heist In Philadelphia
(DBN)

Police Kill 72 Year Old Homeowner
(DBN)

'Noxious Odor' That Shut Down School Turns Out to Be Axe Body Spray
(DBN)

TX: Pepper Spraying Kids into Submission
(DBN)

Say What?!
(DBN)

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Judges:

Spookpreme Court Justices
(DBN)

2nd convicted murderer wins retrial due to drug case now faced by presiding judge
(DBN)

GOP senators block DC Circuit nominee; will Democrats change filibuster rules?
(DBN)

Circuit Orders Judge Off Stop/Frisk Case --- Here Are The Media Interviews That Got The Stop-And-Frisk Judge Removed From The Case --- In removing stop-and-frisk judge, U.S. court enters rare territory --- The Preposterous Removal of Judge Scheindlin --- Legal Ethics Experts Split on Stop-and-Frisk Order
(DBN)

The Swing Justice
(DBN)

Is the Constitution Written Like the Da Vinci Code?
(DBN)

Some Things You Just Can’t Say To A Judge
(DBN)

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Wall Street:

Dow Futures Rise As China Manufacturing Hits 18-Month High
(DBN)

U.S. stocks close lower; curbing October gains
(DBN)

Wall Street Firms Poised to Disappoint Bankers on Bonuses
(DBN)

The Most Obnoxious Bars On Wall Street
(DBN)

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Layoffs:

Obama: Nothing More Important Than Creating US Jobs
(DBN)

The 10 Most Valuable College Majors
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Electricity:

Chevron Asks Judge to Reconsider Edison Mission Ruling
(DBN)

What does the future hold for Energy Future Holdings?
(DBN)

Energy Future Creditor Talks Said to Fail as Payment Planned
(DBN)

Energy Future Holdings talks break off; bankruptcy filing delayed --- Energy Future Holdings bankruptcy delayed as creditor talks break down
(DBN)

Energy Future Debt Payment Risks Ire of Creditors as March Looms --- EFH payment gives little recourse to frustrated creditors
(DBN)

Southern seeks return of money paid to some creditors before bankruptcy filing
(DBN)

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Coal:

Patriot Coal Working on $576 Million in Bankruptcy -Exit Financing
(DBN)

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Retailing:

How JCPenney Could Ruin The Industry's Holiday Season
(DBN)

____________

Economy:

US jobless claims declined by 10,000 last week
(DBN)

The 1% Think the Economy is Doing Great
(DBN)

Bill Gross to 1%: We must pay more in taxes --- Pimco's Bill Gross Wants Capital And Labor Taxed Equalized --- PIMCO Founder Pledges to Donate Fortune Before Death --- Bond Billionaire Bill Gross: I Got Rich At The Expense Of The Poor And Now I Feel Guilty
(DBN)

Families Brace for Food Stamp Cuts
(DBN)

Citi: This Is What Will Happen To The World In The Next 4 Years
(DBN)

Federal Reserve: No Changes Now But Bernanke Swan Song Could Be Surprising
(DBN)

The Senate Is Careening Toward Another 'Nuclear Option' Confrontation --- Congress Wants to Avoid Another Shutdown
(DBN)

Fortune Interview: Larry Summers
(DBN)

Senator Paul Predicts Yellen to Win Confirmation to Fed
(DBN)

The 15 Best Countries For You To Move To Right Now
(DBN)

The Fed Left One Big Question Unanswered
(DBN)

Right Now, The Global Economy Is Looking Surprisingly Strong
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Housing's top 'turnaround' markets may surprise you
(DBN)

High Home Ownership Is Strongly Linked To High Unemployment
(DBN)

Foreclosure king ‘created chaos on the courts’ and should be disbarred, referee says
(DBN)

Fannie Mae Sues Banks For $800 Million Over Libor Rigging
(DBN)

Average rate on 30-year mortgage at 4.1%
(DBN)

Property Hot Spots Renew Easy-Money Bubble Fears
(DBN)

Here's What The Massive New Global Real Estate Boom Really Looks Like
(DBN)

LR developer sentenced to 30 months in prison
(DBN)

____________

Municipalities:

Detroit bankruptcy judge speaks at national conference in Atlanta
(DBN)

Detroit bankruptcy case hot topic at legal conference
(DBN)

Cops in bankrupt Detroit forced to buy own uniforms
(DBN)

Detroit's bankruptcy case draws national spotlight
(DBN)

Chapter 9 positions drawn on pensions
(DBN)

Jefferson County in New Creditors Deal With JPMorgan Concessions --- Deal to get county of bankruptcy by the end of 2013 --- Who made most concessions
(DBN)

Here's What Big Companies Are Revealing About Puerto Rico's Economic Crisis
(DBN)

20 Things To Do Next Time You Visit Los Angeles
(DBN)

____________

Gambling:

Miami Jai Alai Chapter 11 trustee gets to deal with $120 million in debt
(DBN)

____________

Alternative Energy:

Suntech to challenge U.S. bondholders' bankruptcy push
(DBN)

____________

Brokers:

MF Global Suing JC Flowers Over Dividends Paid Before Collapse
(DBN)

____________

Aviation:

US Airways, American consider merger settlement
(DBN)

A Brief Taste of How the Market May React to a US Airways-American Merger
(DBN)

FAA Says Electronic Devices Now Allowed In-Flight. So Why The Heck Were We Turning Them Off All This Time?
(DBN)

American Pilots Are Not Happy About Passengers Getting To Use Phones During Takeoff And Landing
(DBN)

Why the Longest Nonstop Flights are Ending
(DBN)

Here's How To Become A 'Trusted Traveler' And Bypass Airport Security Lines For Good
(DBN)

____________

Student Debt:

ABI To Hold All-Day Program on the Next Big Thing, the Dischargeability of Student Loan Debt
(DBN)

____________

Politics:

The New Republican Civil War
(DBN)

Cruz's Dad: Send Obama Back to Kenya
(DBN)

The Rising Cost of Gridlock
(DBN)

____________

Tax:

John Huntsman's Dad Was the Secret Source on Romney's Tax Returns
(DBN)

____________

Food/Beverage:

Feds investigate Aberdeen beef plant and EB-5 program
(DBN)

____________

Metals:

Power To Stay On At Ormet
(DBN)

____________

Telecoms:

Google sued over Nortel patents it had tried to acquire
(DBN)

____________

Oil/Gas:

Marcellus driller declares bankruptcy
(DBN)

____________

Social Media:

LivingSocial Nears Bankruptcy
(DBN)

____________

Corporate Reform:

With Sixth Payout, SEC Whistleblower Program Gains Steam
(DBN)

Why Bankers Still Aren't Chastened
(DBN)

J.P. Morgan, Regulators Wage War of Wording
(DBN)

____________

Fraud:

Madoff Urged Realistic Backdated Trades, Jury Told
(DBN)

____________

Autos:

Senators Probe Auto Dealer Financing
(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 (18 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (11 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:

 

Interactive Bankruptcy Statistics Map
(DBN)

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Professional Compensation:

New Chapter 11 Fee Guidelines… Will They Really Help to Contain Attorney’s Fees?
(DBN)

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Jurisdiction:

Don’t Invoke the Ghost of Anna Nicole Lightly: Ninth Circuit Summarily Rejects Undeveloped Challenge to Bankruptcy Courts’ Constitutional Authority
(DBN)

____________

Avoidance Actions:

Bankruptcy Judge Upholds Ordinary-Course Defense
(DBN)

____________

Miscellaneous:

Chadbourne: International Restructuring NewsWire
(DBN)

____________

TBTF:

Why Washington Fails Too Big to Fail
(DBN)

____________

Health Care:

Obamacare Had Just 248 Signups In First Days --- Desperate Government Hires Google and Oracle Experts To Fix The Obamacare Website --- Here's What's Wrong With This Obamacare 'Winners And Losers' Chart --- Watch President Obama Promise That You Can Keep Your Health Plan Under Obamacare --- Obama Says Health Law Critics 'Grossly Misleading' --- Canceled Health Insurance Leave Many on Edge --- Cruz Puts Staff on Health Insurance Exchange --- Congress Governs Itself Under Obamacare --- 4 Fixes Designers Would Make to Obamacare Exchanges
(DBN)

IRS eases rules on healthcare flexible spending accounts
(DBN)

The American Health Care System Sucks
(DBN)

Michael Brown's heart attack hasn't stopped flow of other bad news
(DBN)

____________

IP:

Atari Wins Approval to Send Plan to Vote: Bankruptcy
(DBN)

Judge’s ruling means bankruptcy for Biax
(DBN)

____________

Sovereigns:

Elliot Management hopeful a 'consensual resolution' is achieved with Argentina
(DBN)

____________

UK:

RBS Sees 'Substantial' Full-Year Loss After Setting Up Bad Bank --- R.B.S. to Split Off Troubled Loans of About $61 Billion Into 'Bad Bank" --- RBS avoids being split into 'good' and 'bad' banks
(DBN)

New Baker Tilly research shows personal insolvencies down nine per cent this year
(DBN)

Britain's 430,000 Zombie Businesses 'Need To Be Brought Back To Life'
(DBN)

More Good Economic News, This Time From The UK
(DBN)

I'll settle for £300m: Wife of 'bankrupt' tycoon insists he's still worth billions in divorce battle
(DBN)

____________

EU:

Eurozone unemployment reaches new record high
(DBN)

____________

PIIGS:

Fagor’s Polish Unit Seeks Creditor Protection in Spanish Court --- Fagor Says It May Seek Full Creditor Protection on Debt Woes
(DBN)

____________

Germany:

Germany’s Insolvency Reform Enables Loan-To-Own Strategies
(DBN)

Insolvent German DIY chain Praktiker attracts second bid-sources
(DBN)

Insolvent "Gherkin" owner IVG to restructure with court consent
(DBN)

Germany Furious at US Economic Criticism
(DBN)

____________

France:

Hollande Holds Firm on Taxing France's Soccer Stars at 75%
(DBN)

____________

Brazil:

OGX Sold Only Producing Unit Hours Before Bankruptcy Filing
(DBN)

Eike Batista to sit on both sides of debt talks
(DBN)

After OGX's bankruptcy , time for the big questions
(DBN)

Batista Eleventh-Hour Sale Needs Creditor Approval, Lawyer Says
(DBN)

OGX says $850 mln Petronas deal may end up in arbitration
(DBN)

Batista's Bravado, Even After His Company's Bankruptcy
(DBN)

Shares of Brazil's crippled oil giant OGX hit bottom
(DBN)

Eike Batista's Oil Company to Receive Much-Needed Cash
(DBN)

Batista swaggers his way through OGX bankruptcy
(DBN)

What now for Batista's Brazil projects?
(DBN)

____________

China:

The Party’s About To End For China’s Local Governments
(DBN)

China's factories solid as recovery takes hold
(DBN)

____________

Vietnam:

Vinashin Gets New Name as Vietnam Restructures State Companies
(DBN)

____________

Japan:

Tepco Split Looms as Utility Lacks Motive to Fix Fukushima
(DBN)

____________

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