November 8, 2013

The Daily Bankruptcy News

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Law:

A Peek At Partner Pay: Baker Botts, Covington & Burling
(DBN)

Business of Law
(DBN)

Layoff Watch: Law Firm Spreads Holiday Jeers, Trims Ranks Like Turkey
(DBN)

A&O reported to have lost $250m in the USA
(DBN)

Former adjunct law prof suspended for 90 days after taking plea in law-student harassment case
(DBN)

Law schools can’t sleep through the technological revolution
(DBN)

Trends in LSAT-taker, applications to law schools, and enrollments over 45 years
(DBN)

Hugh Hefner (We Mean, the Dean) Is Taking a Leave
(DBN)

Why Milbank Sends 4th-Years To Harvard
(DBN)

Nine Clawback Suits Filed In Ruden Bankruptcy
(DBN)

19 reasons why this is an excellent resume
(DBN)

America's 'Killer Elite' Lawyers Are All In One Prosecutor's Office In Manhattan
(DBN)

What Clients Want: Introductions to Other Clients
(DBN)

Thief squirrels away 140000 pounds of nuts
(DBN)

Lawyer Turns On Wife In Bizarre False Imprisonment Case
(DBN)

Mugshots Of Kids From The 1800s
(DBN)

Lawyer had cocaine delivered while at Law Society dinner
(DBN)

A New Miami Dolphins Bullying Anecdote Has Surfaced And It's Astonishingly Horrible
(DBN)

The Best And Worst Ways To Conduct Executions
(DBN)

13-Year-Old Boy Suspended For Wearing Fancy Purse
(DBN)

A Former Cop Explains How To Avoid Getting Arrested
(DBN)

Man Claims First Amendment Right To Take ‘Upskirt’ Pictures
(DBN)

Family members call for justice in slaying of black woman said to be seeking help after car accident --- Another Black Teenager Shot Dead — Is ‘Stand Your Ground’ To Blame?
(DBN)

Thieves Target Homes With Doggy Doors
(DBN)

Dad ‘unfit parent for refusing son McDonald’s’
(DBN)

Police stun stepdad trying to save son from fire
(DBN)

Say What?!
(DBN)

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Judges:

Stop-And-Frisk Judge Removed, Fights Back --- Brief says she was ‘completely blindsided’
(DBN)

Another federal judge blasts Prenda Law
(DBN)

Ex-probation officer to get 5 years in cocaine case ... unless he supplied drug that killed judge
(DBN)

Supreme Court Clerk Hiring Watch: The Early Word On October Term 2014
(DBN)

Judge Posner is 9th most influential scholar of all time --- How I Write: Richard Posner
(DBN)

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Wall Street:

US futures signal higher open; US jobs ahead
(DBN)

Markets Are Rising Everywhere Ahead Of The Big Jobs Report
(DBN)

US stocks fall as US GDP report fuels Fed concerns
(DBN)

Stocks look to jobs data for Fed clues
(DBN)

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Layoffs:

How To Lose A Job In 10 Days
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Gambling:

Atlantic Club casino seeks bankruptcy protection --- RIH Acquisitions Seeks Bankruptcy
(DBN)

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Lehman:

Lehman sues Credit Suisse to expunge $1.1 bln 'inflated' claims
(DBN)

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Trucking:

YRC Worldwide CEO Raises Threat of Bankruptcy
(DBN)

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Celebs:

Why Did Rapper DMX File?
(DBN)

Bankrupt Kate and Jon Gosselin Fight Over Children’s Alleged Developmental Issues, Money and Lawsuits
(DBN)

Professional Athletes Pick Up Wins in Bankruptcy Court
(DBN)

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Electricity:

Duke Energy customers protest rate hikes for defunct power plants
(DBN)

Energy Future Debt Fray Nears as Coupons Loom: Corporate Finance
(DBN)

Dynegy Posts Profit as Units Exit Chapter 11
(DBN)

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Metals:

Ormet Can Continue Operations Through Month's End
(DBN)

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Banking:

Fed’s Dudley Says Banker Pay Rules Could Help Curb Risk-Taking
(DBN)

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Alternative Energy:

Energy Dept. failed to report concerns before green-tech firm filed for bankruptcy
(DBN)

Sun almost set on Suntech Power as liquidation looms
(DBN)

Suntech Says US Bankruptcy Bid Could Derail Restructuring
(DBN)

Greenville approves United Solar payback agreement
(DBN)

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Autos:

Fiat Exec: No Recovery in Italy
(DBN)

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Economy:

Commerce Department report indicates the economy is losing momentum
(DBN)

Weekly jobless claims drop to 336000, near pre-shutdown level
(DBN)

US Economy Grew 2.8% in 3Q --- Economy Up, but Details Less Upbeat

(DBN)

Economy Still in Structural Decline
(DBN)

Being A Young Adult In America Is A Financial Nightmare
(DBN)

US government shutdown could distort jobs report
(DBN)

Goldman: Here Are 5 Trends In The US Economy That Will Affect Q4 GDP
(DBN)

Economist Tyler Cowen Explains Why The Future Will Be Awesome — For About 15% Of Us
(DBN)

America Won't Be The No. 1 Economy By 2030
(DBN)

Actually, Poor And Middle-Class Americans Are Richer Than Their Counterparts 35 Years Ago
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Fannie Mae, Freddie Mac near bailout repayments
(DBN)

Average US Rate on 30-Year Mortgage at 4.16 Pct.
(DBN)

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Municipalities:

Testimony ends in Detroit bankruptcy trial --- Live blog replay: Day 8 of Detroit bankruptcy eligibility hearing
(DBN)

Detroit bankruptcy trial moves to closing remarks
(DBN)

Snyder aide wanted governor to have final say on bankruptcy
(DBN)

Police union leader: Detroit bankruptcy negotiators had no desire to strike deal
(DBN)

Former state Treasurer Andy Dillon finishes Detroit bankruptcy testimony
(DBN)

Bing says bankruptcy 'inevitable'
(DBN)

Detroit Pension Offer Not 'Serious,' Greenhill's Robins Says
(DBN)

Dillon: State not likely to bail out Detroit police, firefighter pensions
(DBN)

Top Michigan Official: Detroit Bankruptcy 'Looks Premeditated'
(DBN)

Live blog: Snyder aide Rich Baird takes stand --- Dick Baird Says He Worked For Rick Snyder, Not State
(DBN)

Governor's team speaks at Detroit bankruptcy trial
(DBN)

Michigan Emergency-Manager Law Underfunded, Ex-Official Says
(DBN)

Duggan, Orr must manage realities --- Obama officials congratulate Mike Duggan on election victory
(DBN)

Detroit's violence leaves blood on everyone's hands
(DBN)

Detroit takes first steps to fix troubled lighting
(DBN)

Issues that brought Detroit to bankruptcy haunts other Michigan cities
(DBN)

Flint voters elect 2 ex-convicts to City Council
(DBN)

Stockton: 'Hard work' begins now, says police chief after passage of Measure A
(DBN)

Disorder at City Hall is the order of the day in Stockton
(DBN)

The 35 Best Cities For Young Adults
(DBN)

New Video Shows Mayor Ranting About Wanting To Kill Someone
(DBN)

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Retailing:

Penney monthly same-store sales rise for first time since 2011
(DBN)

Why Dollar Stores Are Killing Discount Chains
(DBN)

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Banking:

UBS to buy back toxic asset fund for $3.76bn
(DBN)

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Aviation:

Freedom Air may fly again, under new management
(DBN)

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Coal:

Patriot eyes bankruptcy emergence next month
(DBN)

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Tax:

IRS Refunded $4bn to Identity Thieves
(DBN)

7 Business Travel Expenses You Never Knew You Could Write Off
(DBN)

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Cemeteries:

Gov. Robert Bentley urges Carver Memorial Gardens bankruptcy trustee to continue burials, offers to help raise money for repairs
(DBN)

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Opera:

New York City Opera Sets Hit the Auction Block
(DBN)

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Fraud:

JPMorgan Banker Backed $200 Million Madoff Loan in 2008
(DBN)

Madoff Yelled About Aide Who Knew Everything: Secretary
(DBN)

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Apparel:

Billabong’s Downfall May Signal The Death Of The Entire Surfwear Industry
(DBN)

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Health Care:

Obama: 'i Am Sorry' --- Contrite Obama apologizes for healthcare insurance pledge, website
(DBN)

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Retailing:

Lawsuit claims late Sandy insurance payments pushed retailer into bankruptcy
(DBN)

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Agriculture:

Will Feds Bankrupt Small Farms With Food Safety Rules?
(DBN)

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New Bankruptcy Opinions
(4 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (9 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (10 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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Miscellaneous:

Bill on Bankruptcy : Listening in the Dark at the NCBJ
(DBN)

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Bankruptcy Reform:

Bankruptcy Reform Commission 11/7 Field hearing- Witness Statements: Thomas J. Salerno --- Prof. George W. Kuney --- Maria Chavez-Ruark --- Courtney Engelbrecht Barr --- Kathleen M. Miller --- Prof. Anthony J. Casey --- Prof. S. Todd Brown

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Tax:

Decisions Address FDIC Claims to Defunct Bank Tax Refunds
(DBN)

Tampa loses tax fraud crown to Miami in new audit
(DBN)

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Secured Debt:

Chapter 20 in the Eleventh Circuit: Modification of Secured Claims Impermissible Without Discharge
(DBN)

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Recharacterization:

Bankruptcy Court Declines to Recharacterize Transfers from Insider as Equity Despite Lack of Documentation
(DBN)

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Involuntary Bankruptcy:

Thanks for the Help, But We Are Not Going to Pay You
(DBN)

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TBTF:

Dudley Sees Cultural, Ethical Lapses at Many Firms
(DBN)

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Litigation:

Credit Crisis Litigation Update: It is Settlement Time
(DBN)

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Insurance:

The PMI Group Inc Updates on Bankruptcy Situation
(DBN)

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Sovereigns:

Argentine bondholders offer deal to holdout creditors
(DBN)

Elliott Has No Interest in Argentine Bondholder Talks
(DBN)

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UK:

Late payments "a greater threat" than insolvency
(DBN)

Barclays, Deutsche Bank Lose Bid to Block U.K. Libor Lawsuits
(DBN)

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EU:

ECB cuts rates to new low, sees protracted low inflation --- ECB President Mario Draghi Discusses Shock Decision To Cut Rates In Press Conference
(DBN)

Euro zone bonds rally after surprise ECB rate cut
(DBN)

Eurozone Crisis is Not Over Yet
(DBN)

Draghi running out of bazookas in ECB's arsenal
(DBN)

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PIIGS:

Mondragon: Trouble in workers’ paradise
(DBN)

ie: Personal insolvency deals 'suitable only for few' --- Bankrupt developer Dunne plans to work 'into his 70s' in US --- 'Greedy cow' wife turned down £32m – husband
(DBN)

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France:

S&P Downgrades France To AA
(DBN)

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Finland:

Talvivaara in “Advanced Talks” to Avoid Bankruptcy
(DBN)

Norilsk has no plans to help Finland's Talvivaara
(DBN)

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Austria:

Austrian Banks Forced to Prepare in Case of Bankruptcy
(DBN)

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China:

China's ailing solar panel makers see the light, on a farm
(DBN)

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Brazil:

OGX highlights flaws in Brazil's bankruptcy laws
(DBN)

OSX Said Planning to File for Bankruptcy Protection Today
(DBN)

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Korea:

Korea's 38th-largest Conglomerate on Brink of Bankruptcy
(DBN)

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Vietnam:

More bankers arrested in Vietnam over loans given to bankrupt seafood exporter
(DBN)

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Copyright 2013