November 4, 2013

The Daily Bankruptcy News

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Law:

Bankruptcy industry getting a taste of its own medicine
(DBN)

Big law coming under cost pressure
(DBN)

Will continuing to ban nonlawyer ownership make US firms and clients less competitive?
(DBN)

Business of Law --- Business of Law (2)
(DBN)

Boies Schiller Sanctioned - GC ID'd Conflict Early On
(DBN)

LeClairRyan opens ‘legal solutions center’ in collaboration with tech company
(DBN)

Survey: New Partners Feel Well-Prepped and Well-Paid
(DBN)

Is Greenberg's New Residency for Recent Law Grads the Beginning of the End of the Associate?
(DBN)

Video: Lawyer robbed as she leaves work holds onto handbag as she is dragged down street
(DBN)

Work Less, Earn More: Take the Risk, Become the Boss
(DBN)

Ranked: The Best Smartphones In The World
(DBN)

Fiscally Weak But Boston Strong
(DBN)

The Gentleman's Guide To Buying Gorgeous Shoes Without Going Broke
(DBN)

A Guide to Pearls
(DBN)

Police arrest two men found with slain law student’s cellphone
(DBN)

Wyoming law dean resigns, cites lack of ‘meaningful consultation’ on recent decisions
(DBN)

Poor Funding And Maybe Politics Force Popular Dean To Resign
(DBN)

Yoga anyone? Law school offers wellness program
(DBN)

How LSAC Recalculates Your GPA For Law School Admissions
(DBN)

Big Slump for LSAT --- LSAT Taker Numbers Fall 45 Percent Since 2008
(DBN)

As Clients Speak, Are Law Firm Leaders Listening?
(DBN)

Snowden Leaks Reveal That The NSA Is 'The Amazon Of Intelligence Agencies' --- Snowden Says Calls For Reform Prove Leaks Justified --- Spying And World Politics Go Hand In Hand --- Europe's spies work together --- Ex-NSA Director Has A Radical Idea For Handling The Snowden Leaks --- Mystery Deepens Over Job for Snowden --- No Morsel Too Minuscule for All-Consuming N.S.A. --- Snowden Appeals for Clemency --- NSA revelations boost corporate paranoia about state surveillance --- More NSA Leakers Followed Snowden’s Footsteps, Whistleblower Lawyer Says
(DBN)

Pregnant Army Wife Stabbed By Intruder While Video-Chatting With Her Deployed Husband: Survives To Give Birth
(DBN)

How A Murderous Few Minutes Unfolded For TSA Officers At LAX --- Gunman 'wanted to kill TSA and pigs' --- Sent 'suicide text' to family --- Shooter Hated The Government --- Police Had Warning --- LAX Gunman: "Patriot Movement" Docs on Him --- What We Know About Alleged LAX Gunman Paul Ciancia
(DBN)

Paper: Bieber busted sneaking out of Brazilian brothel
(DBN)

Supreme Court to Hear New Public Prayer Case
(DBN)

Toll worker steals driver's wallet at toll booth
(DBN)

"I don't like that bar anymore"
(DBN)

Tapes show mentally ill prisoners forced from cells with pepper spray in CA
(DBN)

Trucker Who Ran Over a Policeman Was Looking Up Escorts While Driving
(DBN)

Dog Saves Camper From Bear Attack, Camper Eats Dog To Survive
(DBN)

10 trials that changed the world
(DBN)

FEDS: Navy Commander Sold Secrets To Malaysian Businessman For H------, Gaga Tickets
(DBN)

Police Chief Threatens Citizen with Arrest for Facebook Complaint
(DBN)

Crime in the Hamptons Is Exactly Like You'd Expect
(DBN)

Can the Government Tell You You’re Fat?
(DBN)

______________

Judges:

Houston: 2013 Bankruptcy Judge Evaluation Questionnaire Results (scroll to page 31)
(DBN)

On Second Thought… - Is it awful when a judge concedes possible error?
(DBN)

D.A. Rips Judge On Radio Show, Judge Calls In, Hilarity Ensues
(DBN)

Judge Dons Fairy Godmother Costume
(DBN)

Judge Wizmur To Receive Joseph M. Nardi Jr. Distinguished Service Award
(DBN)

Chief Judge Of Patent Court Compares Killing Bad Patents To Genocide
(DBN)

Censure for Judge Scheindlin --- A cheap shot
(DBN)

The Delicate Balance of Booting Judges
(DBN)

______________

Wall Street:

Stock futures higher; factory orders ahead
(DBN)

Stocks Rise; Dow, S&P Gain For 4th Week
(DBN)

10 Things You Need To Know Before The Opening Bell
(DBN)

______________

Layoffs:

Low Wages Force More Than Half Of Fast Food Workers To Rely On Government Assistance
(DBN)

All Around The World, Labor Is Losing Out To Capital
(DBN)

What Recruiters Look At During The 6 Seconds They Spend On Your Resume --- 6 Skills You Should Always Highlight On Your Resume
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Electricity:

Energy Future Holdings says talks with creditors break off
(DBN)

Energy Future interest payment buys time to restructure
(DBN)

Regulation all bad? It's softening impact of Energy Future Holdings' fall
(DBN)

____________

Autos:

US government shutdown debacle doesn't stop auto industry in October --- Detroit sales strong: Chrysler up 11%, Ford rises 14%, GM zips 16%
(DBN)

____________

Award:

Greenberg Traurig Bankruptcy Head to Receive Judge Learned Hand Award
(DBN)

Professor G. Ray Warner Received Bankruptcy Judges’ Excellence in Education Award
(DBN)

____________

Newspapers:

Freedom Communications Owners Face Suit - Former newspaper owners sue buyer over withheld payment
(DBN)

Businessman wants to buy Philadelphia Inquirer
(DBN)

____________

Mass Torts:

Appeals Court to Review Approval of BP Settlement --- BP spill payouts slow after court ruling
(DBN)

____________

Textbooks:

Apax May Sit on Both Sides of Cengage's Bankruptcy
(DBN)

____________

Tax:

Why Bankruptcy Is Rarely If Ever An Effective Means Of Dealing With A Tax Liability
(DBN)

Former law partner is convicted in tax-shelter scheme
(DBN)

____________

Advertising:

Mobclix Ceases All Operations; Files Voluntary Chapter 7 Petition
(DBN)

____________

Rail:

Managers at bankrupt Maine railway could face layoffs
(DBN)

____________

Fraud:

Report: SAC Will Plead Guilty To Insider Trading As Soon As Monday
(DBN)

____________

Economy:

Citi: Rich Families Are Hoarding Cash
(DBN)

Euro falls on potential ECB rate cut; Wall St rises
(DBN)

US Manufacturing Up the Most in Five Years
(DBN)

Collapse in US Infrastructure Spending
(DBN)

Older Americans reject major Social Security changes, poll finds, but support raising tax cap
(DBN)

1 in 7 Americans Face Food Stamp Cuts --- Food stamp cuts create high demand for food bank supplies --- Food Banks “Panicking” Over Demand Following Welfare Cut
(DBN)

Gas Prices Are Declining, And It's Turning Into Real Wealth Gains For Americans
(DBN)

Here's What It Would Take For The Fed To Start 'Tapering' As Soon As December
(DBN)

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

Here's What Americans Are Doing Every Minute Of The Day
(DBN)

Here's How Much Berkshire Hathaway Made On Financial Weapons Of Mass Destruction In Q3
(DBN)

Homeland Security Employees Refer to Overtime Pay as a "Candy Bowl"
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

Single Asset Real Estate Case: How Single is Single?
(DBN)

____________

Municipalities:

Detroit, bankruptcy creditors talking in private
(DBN)

Trial continues, but Detroit, creditors making plans that presume bankruptcy --- Detroit's bankruptcy trial resumes today; testimony likely to focus on unions --- Trial enters 6th day
(DBN)

Bankruptcy Judge Predicts Supreme Court Will Answer Questions Over Slashing Pensions
(DBN)

‘We’ve Already Sacrificed’: Detroit Retirees Speak Out On Bankruptcy
(DBN)

Detroit could try on 'Boots' plan
(DBN)

Governor to testify in Detroit bankruptcy trial
(DBN)

Who is it that's promising to fix Detroit, Satin?
(DBN)

Detroit Recovery Begins Where Philadelphia and Leipzig Converge
(DBN)

Risqué website seeks naming rights to Detroit landmark
(DBN)

Journalism Review Salutes Detroit Free Press Bankruptcy Project
(DBN)

Michigan Offers First G.O. Since Detroit Bankruptcy
(DBN)

Vallejo poised to make same financial decisions that led to bankruptcy
(DBN)

Jefferson County Selling $1.7 Billion in Debt in Bankruptcy
(DBN)

What the Jefferson County Commission didn't say about its new bankruptcy plan
(DBN)

Judge Delays Jefferson County Bankruptcy Confirmation Hearing to Nov. 20
(DBN)

Rob Ford Calls Himself Best Mayor, Pledges to Stop Getting "Hammered"
(DBN)

Cities' Revival Curbed By Red-Ink Budgets
(DBN)

____________

Retailing:

Wal-Mart kick starts holiday shopping online
(DBN)

Retailer Edwin Watts Golf Shops files for bankruptcy
(DBN)

Depressing Photos That Show That Kmart Is Dying
(DBN)

____________

Corporate Reform:

JPMorgan Discloses Eight DOJ Probes From Asia to Madoff --- Discloses wider probes of hiring, currency trading --- JPMorgan Says It's Cooperating With Currency-Trading Probes
(DBN)

Big banks undergoing greater scrutiny by government agencies
(DBN)

____________

Food/Beverage:

Sunland bankruptcy leaves NM farmers scrambling
(DBN)

The Best Sandwich From Every US State
(DBN)

8 Amazing Sandwiches You've Probably Never Heard Of
(DBN)

Tricks To Make Starbucks Visits Better
(DBN)

____________

Personal Finance:

20 Items Under $20 Everyone Should Buy
(DBN)

____________

Alternative Energy:

Suntech Has A Friend In Wuxi But Foes In NY
(DBN)

Bankrupt Fisker bought by one of Asia's richest men
(DBN)

____________

Aviation:

U.S. seeking divestitures from American, US Airways
(DBN)

US Airways/American Merger Trial Is Set for Takeoff
(DBN)

Swift Air execs’ request to postpone depositions denied
(DBN)

Creditors Propose Trust for Ex-Employees of Bankrupt Mexicana Airlines
(DBN)

Bondholders Encounter Unexpected Turbulence: Second Circuit Grounds Make-Whole Provision in AMR
(DBN)

Air France sets tough conditions for Alitalia investment: report
(DBN)

Two Small Planes Had a Fiery Midair Collision and Everyone Lived
(DBN)

____________

Television:

CSN Houston's Crash And The Potential Consequences
(DBN)

____________

Imaging:

Can Eastman Kodak Rise Again?
(DBN)

____________

Celebs:

Former NFL Star Andre Rison Talks Overspending and Bankruptcy
(DBN)

____________

Environmental:

US Bankruptcy Court approves $14 million settlement for cleanup of Oklahoma Superfund site
(DBN)

____________

Start Ups:

How Not To Pitch Your Business On 'Shark Tank'
(DBN)

____________

Brokers:

MF Global Targets Payment to Former Executive
(DBN)

____________

Accounting:

PriceWaterhouse Sued for $1 Billion
(DBN)

____________

Oil/Gas:

When Will the Shale Bubble Burst?
(DBN)

Gasoline Prices Giving Drivers Whiplash
(DBN)

____________

Metals:

Ohio Regulator Says AEP Must Supply Power to Ormet Facility
(DBN)

____________

Tech:

Velti U.S. Unit Files for Bankruptcy Protection in Delaware --- Velti to sell businesses to Blackstone, US ops file for bankruptcy
(DBN)

Tech Sector Is In A Massive Bubble
(DBN)

____________

Finance:

Carfinco Stalking Horse to Acquire Western Funding Incorporated
(DBN)

____________

New Bankruptcy Opinions
(3 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (38 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (51 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:

HI: Bankruptcy filings continue descent
(DBN)

Buffalo: Bankruptcy filings drop 7.5 percent in October
(DBN)

Toledo: Bankruptcy cases fall 5% locally in October
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

______________

Discharge:

Ninth Circuit Rules that Withdrawal Liability May Be Discharged in Bankruptcy
(DBN)

____________

Miscellaneous:

Cravath: Recent Developments in Bankruptcy Law
(DBN)

____________

Administrative Claims:

Administrative Expense Requests Not Subject to 502(d) Disallowance
(DBN)

____________

Bankruptcy Reform:

Reform Commission Nov. 1 Hearings: Witness Statements - Dennis F. Dunne --- William K. Snyder --- Brady C. Williamson --- Mark A. Gittelman --- Prof. Anne Lawton --- W. Clarkson McDow
(DBN)

____________

Sales:

The Results Are In: Readers Split, But Advantage Process!
(DBN)

____________

E-Discovery:

Homebodies - Conference attendees say they prefer to keep e-discovery in-house
(DBN)

____________

Banking:

US Fed sets tough tests in annual bank health war games
(DBN)

If It Looks Like a Bank, Regulate It Like a Bank
(DBN)

Second Jackson County Bank Seized By FDIC
(DBN)

Bank Tellers Ask Banks: Please Don't Replace Us With Video Screens
(DBN)

____________

Telecoms:

Fairfax Said to Be Short of Financing for BlackBerry Bid --- BlackBerry pie, anyone? Banks say no thanks --- BlackBerry Co-Founders Might Join Cerberus And Qualcomm In Buyout Bid
(DBN)

Bankrupt LightSquared sues Deere & Co, GPS industry titans --- Sues GPS Manufacturers Over Alleged Broken Promises
(DBN)

____________

Health Care:

Interfaith supporters, de Blasio to ask bankruptcy judge for more time
(DBN)

At Least 3.5 Million Americans Have Now Had Their Health Insurance Policies Canceled Thanks To Obamacare --- For consumers whose health premiums will go up under new law, sticker shock
(DBN)

Critical Weeks Begin for Health Law Rollout
(DBN)

HealthCare.gov: How political fear was pitted against technical needs
(DBN)

____________

Politics:

Obama's Approval Rating Down To 40%
(DBN)

Mitt Romney Says Chris Christie Can 'Save Our Party,' And Disses Ted Cruz
(DBN)

Rand Paul Wishes He Could Challenge His Critics To A Duel
(DBN)

____________

Sovereigns:

Bondholders lose bid to lift stay in Argentina litigation
(DBN)

Argentina and Elliot, Again
(DBN)

____________

UK:

Fewer firms collapsing as economic picture brightens
(DBN)

Number of people going insolvent edges up
(DBN)

IVAs soar as struggling borrowers opt for ' bankruptcy lite'
(DBN)

R3 comments on Q3 insolvency statistics
(DBN)

Bankruptcy Tourism explained
(DBN)

Cross Border Restructuring and Insolvency Update
(DBN)

Insolvency expert takes over as independent law firm chairman
(DBN)

UK's PRA watchdog backs Co-op bank's restructuring plan
(DBN)

____________

EU:

Burden-sharing back on the agenda as AQR gets under way
(DBN)

____________

PIIGS:

Greeks fear more violence after Golden Dawn members shot dead
(DBN)

Lenders should set aside post-bailout funds for Ireland, says IMF official --- Delay to McNamara's British bankruptcy exit --- McNamara walks free of his €1bn debts --- Shane Filan warns One Direction to save their millions
(DBN)

Hedge fund interest could spur Portuguese bank debt revival
(DBN)

Spain's manufacturing sector expands for third straight month
(DBN)

____________

Canada:

Former Directors and Officers of Bankrupt Company Reach $4.75 Million Settlement with the Ministry of Environment over Cleanup Orders
(DBN)

Contractual Clause a “Fraud Upon the Bankruptcy Law”
(DBN)

____________

Germany:

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

____________

Brazil:

Batista Offers USD $46 Million "to Save" OSX
(DBN)

The Man Who Flew Too High
(DBN)

For Brazil's Batista, fall of OGX has been sudden and sharp
(DBN)

Brazil regulator may fine OGX for natural gas unit sale -paper
(DBN)

Brazil may finally escape from the samba clichés
(DBN)

Brazil watching warily for fallout from Latin America’s biggest bankruptcy
(DBN)

Brazil's EBX empire crumbling
(DBN)

UBS says Itaú, Bradesco cut loan exposure to Batista's Grupo EBX
(DBN)

____________

China:

China Services Index Rises to Year's High in Rebound Sign
(DBN)

Shunfeng scoops up bankrupt Suntech unit
(DBN)

____________

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