November 15, 2013

The Daily Bankruptcy News

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Law:

Most Law-School Hires Graduated from Harvard, Yale or Stanford
(DBN)

More Equity Partner Cuts to Come?
(DBN)

Latest data reveals growing problems for OldLaw
(DBN)

UK: Confidence grows as top firms see half-year revenues climb
(DBN)

Goldman Sets Strict Limits on Hours. Will Law Firms Follow?
(DBN)

New York Bar Group Develops Alternatives to 'Big Law' Jobs
(DBN)

Is bigger really better? Supersized law firms generate skepticism
(DBN)

D.C. Managing Partners Talk Mergers
(DBN)

More Layoffs at Patton Boggs --- Patton Boggs Slims Down For The Holidays --- 10 attorneys and 35 staff
(DBN)

Partners Can't Really be Entrepreneurial
(DBN)

Falling On One’s Sword
(DBN)

Women Lawyers: Quit Your Bitchin’ Or You Might Have To Get Back In The Kitchen
(DBN)

You Really Won't Believe What This Law Firm Is Accused Of Doing
(DBN)

What is Law School For? Michigan Professor Offers Provocative Answer
(DBN)

Law School Professor Busted Lying To Federal Judge, Goes Back to Teaching Ethics
(DBN)

The Problems of Legal Education
(DBN)

Dean Frank Wu on Faculty Compensation
(DBN)

State Labor Board Dismisses Law Profs' Unfair Labor Practice Charge of 'Satanic' $666 Merit Pay Raise as Retaliation for Union Activities
(DBN)

Legal Education, On Sale Now!
(DBN)

Latham global chair Robert Dell to retire after two decades at the top
(DBN)

Don’t You Love It When Recent Law Grads Become The Test Case For Income Inequality?
(DBN)

Law Firm Mergers: Two Blinding Glimpses of the Obvious
(DBN)

Cory Booker Bags A Lovely Lawyer — Who Is She?
(DBN)

Mass. bankruptcy lawyer facing drug charges
(DBN)

How To Tell Your Story In 30 Seconds
(DBN)

9 Secrets To Being The World's Best Boss
(DBN)

Data Security Fears Intensify Among Law Firms
(DBN)

Formerly-Bankrupt PA Firm Settles With Former Client, Attorney for No Money
(DBN)

Hostile Waters: A Lawyer’s Analysis of the Incognito/Martin Dilemma in the Miami Dolphins Organization
(DBN)

How Colorado Prisons Made A Young Man Insane
(DBN)

Consumer Debt Expert Claims Cabal Smeared Him
(DBN)

Lawyer charged with using attorney credential in attempt to deliver drug to courthouse lockup
(DBN)

Gut-wrenching error by lawyer costs firm €8.5 million
(DBN)

Bonkers Law Firm Website of the Week
(DBN)

Lawyer Allegedly Perpetrated Massive Fraud Against Chevron
(DBN)

Gives a new meaning to "Bang on the drum all day."
(DBN)

Groups Of Teens In Brooklyn Are Playing A Game Called 'Knock Out The Jew'
(DBN)

Al Qaeda-Linked Militants Apologize for Cutting Off Wrong Guy's Head
(DBN)

Boyfriend Catches Guy in Bed with Girlfriend, Teaches Him Lesson
(DBN)

The Snowden Saga: Here's Everything We Know About The Leak Of The Century
(DBN)

Trial attorney slain outside his law office was targeted, police chief says
(DBN)

Say What?!
(DBN)

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Judges:

Kinder, gentler 2nd Circuit softens Scheindlin criticism, but sticks with removal order
(DBN)

If you were a young federal district judge, what should you takeaway from the Scheindlin/Second Circuit debacle?
(DBN)

Panel seeks ouster of judge who didn’t reveal conflicts; she calls probate-court cases ‘ministerial’
(DBN)

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Wall Street:

Stock Futures Rise as Markets Cheer Continuation of Easy Money
(DBN)

Dow, S&P 500 end at records after Yellen hearing
(DBN)

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Layoffs:

Lockheed Martin slashes 4,000 jobs
(DBN)

Jobless Claims Fall Less Than Expected
(DBN)

The Fastest-Growing Jobs Of The Last 3 Years
(DBN)

The 15 Most Sexist Jobs In America
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Aviation:

Heli USA Airways gets court OK to meet payroll
(DBN)

AMR Bid for Merger Suit Deal Turned on Meeting Number
(DBN)

Delta, United Unlikely to Get AMR Slots, US Official Says
(DBN)

Justice Department Criticized for Green Lighting American US Airways Merger
(DBN)

4 Useful Tips For Booking Your Thanksgiving Flights
(DBN)

Federal Probe: TSA Profiling is Worthless
(DBN)

FAA: Fla. pilot says passenger fell into ocean
(DBN)

Flight Canceled After Passengers Protest Ejection of Blind Man
(DBN)

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Retailing:

Wal-Mart profit beats estimates, outlook weak
(DBN)

Why Kohl's Is In Big Trouble
(DBN)

Nordstrom's third-quarter profit falls 6.2%
(DBN)

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Pigeons:

Pigeon King International trial to last upwards of eight weeks
(DBN)

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Buses:

Dispute could disrupt school transportation in Central Mass.
(DBN)

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Non-Profits:

Boys' Brigade facing bankruptcy
(DBN)

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Alternative Energy:

Valence Technology Exits Chapter 11
(DBN)

Suntech restructuring thrown into doubt
(DBN)

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Economy:

Janet Yellen defends Fed stimulus efforts at confirmation hearing --- Yellen Says It's 'Imperative' to Promote a Strong Recovery --- What the Yellen vote will tell us about today's Republican Party --- Yellen Defends Bond Buying, Plans to Tackle 'Too Big to Fail' --- Yellen Hasn't Voted Against Any Rate Increases --- Janet Yellen Made A Santa Claus Rally Much Likelier --- Yellen: Benefits of Fed stimulus exceed costs
(DBN)

Economists Are Slashing Their US GDP Estimates
(DBN)

U.S. consumer debt rises in third quarter by most since early 2008
(DBN)

US trade, labor data underscore sluggish economy
(DBN)

Elizabeth Warren Asks Janet Yellen If She Is Ready To Sink The Fed's Teeth Into Wall Street
(DBN)

Weekly jobless claims disappoint at 339,000 after upward revision
(DBN)

This Is What $11.28 Trillion Worth Of Household Debt Looks Like
(DBN)

Treasuries Not Good Enough as Swaps Collateral in CFTC Rule
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Average US rate on 30-year mortgage at 4.35 pct
(DBN)

Berkowitz Seeks to Acquire Insurers From Fannie, Freddie
(DBN)

Supreme Court Disparate Impact Housing Discrimination Case Settles
(DBN)

Fontainebleau Future in Question
(DBN)

As young people hunker down, homeownership dips
(DBN)

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Municipalities:

Dire predictions if Detroit bankruptcy is rejected --- If judge spikes Detroit bankruptcy , city on upswing could become a 'carcass' for creditors --- Experts predict 'free-fall crisis' if city found ineligible
(DBN)

Pension official: Idea of foundation funds 'very encouraging' in Detroit bankruptcy --- Judge explores private funding to protect DIA, pensions
(DBN)

Bankruptcy judge denies activist's request challenging Detroit EM appointments
(DBN)

Bankruptcy judge rejects Detroit's request to hide Barclays debt fees
(DBN)

Detroit bankruptcy case boils down to good faith
(DBN)

Way out of bankruptcy is hardest challenge
(DBN)

Detroit EM Orr says Duggan will be 'effective'
(DBN)

Detroit reaches first union deal since bankruptcy
(DBN)

Raleigh CIO tasked with saving Detroit
(DBN)

Detroit Retirees Meet To Discuss Health-Care Extension Negotiations
(DBN)

Jefferson County to hold public hearing Friday on $1.74B sewer debt issuance
(DBN)

Jefferson County's historic bankruptcy could end in three weeks
(DBN)

Who'll get paid from JeffCo's $1.8B sewer debt sale?
(DBN)

State and local governments playing with fiscal fire
(DBN)

The 15 Most Popular Cities for Millennials
(DBN)

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Tech:

Cisco shares skid 12% on profit warning
(DBN)

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Health Care:

Quinn signs bill to refund $8.4M related to now-defunct Wood River hospital
(DBN)

Jackson Health System, once near bankruptcy, ends year with $45 million surplus
(DBN)

Obama Made A Choice That's Hurting Obamacare Now
(DBN)

Obama: OK, You Can Keep Your Crappy Health Insurance Plans --- Obama Announces Obamacare Change That Will Let More People Keep Health Plans --- Here's The Letter Detailing How The Obama Administration Wants To 'Fix' Obamacare --- Sorry, You Still May Not Be Able To Keep Your Plan --- Insurers say Obama offer to reverse cancellations may disrupt new markets --- Insurance Commissioners Have No Idea How Obama's Obamacare 'Fix' Is Going To Work --- California health exchange still debating what to do on cancellations
(DBN)

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Personal Finance:

Wealthy NYC Parents Can Now Hire A Professional Chef To Teach The Nanny To Cook
(DBN)

Goldman Exec: How Women Can Get Their Husbands To Do The Dishes And More Around The House
(DBN)

5 Strange Things That Could Damage Your Credit
(DBN)

Multi-Millionaire Feeds Loved Ones Cat Food in the Name of Frugality
(DBN)

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Bankruptcy Crimes:

Laie Woman Convicted for Hiding Assets During Bankruptcy Filing
(DBN)

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Fraud:

Man Convicted Of Running $100 Million Bogus Navy Charity --- Harvard law grad faces at least 10 years after conviction in $100M veterans charity fraud
(DBN)

Madoff Victims Rooting for Stanford Victory
(DBN)

BNY Mellon Raised Madoff’s Credit by $225 Million in 2006
(DBN)

Another Rothstein Rosenfeldt Attorney Sanctioned In Florida --- Your Russ Adler Update!
(DBN)

SAC CEO Cohen's Art Collection Tallies $77M Plus
(DBN)

SAC money manager loses bid to delay insider trading case
(DBN)

SAC Prosecutors Will Call CFO to Stand
(DBN)

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Corporate Reform:

Wall Street watchdog puts up fight in Calif. broker cases
(DBN)

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Politics:

Elizabeth Warren Should Run Against Hillary Clinton --- Chuck Schumer on Elizabeth Warren : Primaries 'killer' --- Elizabeth Warren : Not Ready for Presidential Prime Time
(DBN)

Elizabeth Warren Joins the Battle to Overhaul the Senate Filibuster
(DBN)

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Celebs:

Alec Baldwin Wins Stalker Case, Calls Photographer a “C---------- F--”
(DBN)

Teresa And Joe Giudice Fraud Update
(DBN)

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Banking:

Moody's cuts ratings on 4 big US banks
(DBN)

Former JPMorgan 'Whale' supervisor opposes US extradition
(DBN)

JPMorgan's #AskJPM Twitter Hashtag Backfires Against Bank
(DBN)

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Flatware:

Sherrill Manufacturing, America's only remaining flatware maker, emerges from bankruptcy with a new focus
(DBN)

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Credit Cards:

Credit-Card Rewards Programs Examined by U.S. Consumer Bureau
(DBN)

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Food/Beverage:

Fresh & Easy Plots Real Estate Sale to Fortress Unit
(DBN)

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Trucking:

Will Teamsters Union Play Ball With YRC's Struggling Turnaround?
(DBN)

YRC Worldwide shares plunge more than 20 percent
(DBN)

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New Bankruptcy Opinions
(1 new opinion today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (26 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)

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Bankruptcy Statistics:

 

Interactive Bankruptcy Statistics Map
(DBN)

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Professional Compensation:

Jury Is Still Out on Impact of New Bankruptcy Fee Rules
(DBN)

Fee examiner approves USD 240 million payout to Eastman Kodak
(DBN)

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Plan Confirmation:

A Debtor’s Cries for Separate Classification of Garden Variety Unsecured Claim Fall on Deaf Ears
(DBN)

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Bankruptcy Reform:

Changes in the works for Chapter 13 bankruptcy filings
(DBN)

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Jurisdiction:

Fifth Circuit Holds That Stern Eliminates Bankruptcy Court's Power to Decide Non-Core Actions by Consent
(DBN)

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Finance:

Prepayment Premiums and Make-Whole Payments
(DBN)

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Miscellaneous:

Bill on Bankruptcy
(DBN)

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Proofs of Claim:

Proofs of Claim: Attorney Signatures and the Risk of Loss of Privileges
(DBN)

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TBTF:

Big Banks’ Use of Bailouts Show Need for New Rules, Senators Say
(DBN)

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Autos:

How One Struggling Auto Company Used Chapter 15 to Protect its U.S. Assets
(DBN)

Federal bankruptcy court orders Delphi to pay $23.3M for cleanup of Flint, Saginaw, Ohio properties
(DBN)

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Shipping:

STX Pan Ocean Losses Rise
(DBN)

Can This Dry Shipper Solve Its Debt Problems?
(DBN)

Ex-Overseas Shipholding Officials Ask Judge to Toss Suit
(DBN)

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Gambling:

Atlantic Club Casino Has Had Five Suitors
(DBN)

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Agriculture:

Former Customers of Defunct Grain Elevator File Loss Claims
(DBN)

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Textbooks:

Apax may create conflict of interest in Cengage bankruptcy
(DBN)

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Sovereigns:

Argentina's Debt Follies
(DBN)

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UK:

Paul Bhattacharjee killed himself after being declared bankrupt
(DBN)

Inside the bankrupt all-year-round Christmas theme parks where the grotty grottoes are crying out for a visit from Santa
(DBN)

80 redundancies at Lyons Davidson
(DBN)

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EU:

Euro-Zone Recovery Falters
(DBN)

EU Citizenship Goes On Sale, And A Price War May Follow
(DBN)

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PIIGS:

Ireland to exit Europe's emergency room --- Ireland Exits Bailout With No Backstop: A Good News Story? --- First debt settlement certs granted to brother and sister --- Ireland to exit bailout program without backstop
(DBN)

Italy's budget at risk of breaking EU rules
(DBN)

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Canada:

Embattled Toronto 'Crack Mayor' Outdoes Himself --- Spirit Airlines Says It's "Not Smoking Crack" with Cheap Toronto Deal --- Charlie Sheen Falls for Fake Story, Writes Bizarre Poem to Rob Ford
(DBN)

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Germany:

Sale of insolvent German DIY chain Max Bahr collapses - sources
(DBN)

German firm liable in breast implants case
(DBN)

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China:

An Animal Rights Group Posted Ads All Over China Telling People Not To Eat Cats And Dogs
(DBN)

Shunfeng Says Liquidators Haven’t Approved Suntech Acquisition
(DBN)

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Hong Kong:

Hong Kong's Economy Is In The Calm Before The Storm
(DBN)

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Argentina:

People In Argentina Are Living Like Moguls Thanks To The Currency Black Market
(DBN)

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Finland:

Talvivaara seeks court-supervised overhaul to avoid bankruptcy --- Talvivaara CEO: Bankruptcy would directly eliminate 1600 jobs
(DBN)

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