October 7, 2013

The Daily Bankruptcy News

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Law:

Law practice pays ‘too much too quickly to the wrong people doing the wrong thing’
(DBN)

Working But Worrying: Lawyers Deal With The Shutdown In ATL
(DBN)

Undocumented Immigrants Allowed To Practice Law In California
(DBN)

The Relationship Between Hours Worked And Productivity
(DBN)

Selling secrets of phone users to advertisers
(DBN)

NYPD Investigating Role Of 6 Cops At Biker Rally Where Driver Was Beaten --- Driver's Wife Describes Fear of Angry 'Mob' of Bikers
(DBN)

Haunting Pictures Of Insane Prisoners
(DBN)

Here's What It Was Like To Go To Harvard Law
(DBN)

Would-Be Law Student Responds To Rejection Letter As Only A Future Lawyer Can
(DBN)

Some of New York’s top law schools see drops in applications
(DBN)

LSAT Scores At Non-T14 Law Schools
(DBN)

Overcoming Stereotypes, One Study Room At A Time
(DBN)

Lawyer charged with 2nd-degree sexual assault allegedly had sex with intoxicated woman in his office
(DBN)

A-Rod is Just Another Lance Armstrong --- Alex Rodriguez Sues MLB Over ‘Witch Hunt’ --- Alex Rodriguez's Suit Against MLB Is The Year's Best Baseball Reading
(DBN)

Dakota Case Twists Again
(DBN)

FBI’s Case Against Silk Road Boss Is A Fascinating Read
(DBN)

Ku Klux Klan to Meet in Gettysburg
(DBN)

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Judges:

Nation's Chief Judges Brace for Shutdown's Full Force
(DBN)

Which federal court employees are essential? At least two courts say they all are
(DBN)

Minn. Supreme Court considers sanctions for lawyer’s anti-Catholic slurs at bankruptcy judge
(DBN)

Child's birthday cake at courthouse sparks struggle, arrest
(DBN)

Zero Hour Near For the Courts
(DBN)

Judge testifies against former court intern, calls witness stand ‘a different experience’
(DBN)

Second Circuit To Feds: Don’t Touch His Junk
(DBN)

What Kind of Appellate Lawyer Was Justice Roberts?
(DBN)

In new term, Supreme Court may steer to right on key social issues
(DBN)

Political gridlock puts Supreme Court at center of controversial social issues
(DBN)

The question facing Ruth Bader Ginsburg: Stay or go?
(DBN)

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Wall Street:

Markets Tumbling All Around The World — Economy Set To Slow — Debt Ceiling Crisis Grows
(DBN)

US stocks seen lower in second week of shutdown
(DBN)

The Wall Street Boiler Room Is As Good As Dead
(DBN)

How The Market Views The Debt Ceiling
(DBN)

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Layoffs:

Workers Stay Put, Curbing Jobs Engine
(DBN)

Steady Unemployment, but Only Because of Part-Time Work
(DBN)

Lockheed Martin to furlough 3000 workers
(DBN)

The 25 Best Companies To Work For If You Want To Get Promoted Fast
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Telecoms:

Dish Again Under Fire Over LightSquared Bid
(DBN)

Why Dish Should Have Kept Its Independent Committee
(DBN)

Buyers Said To Be Circling BlackBerry--Including Google
(DBN)

BlackBerry Accused in Suit of Inflating Shares With False Claims
(DBN)

Teletouch Communications to liquidate under bankruptcy protection
(DBN)

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Credit Counseling:

CFPB widens its debt settlement crackdown
(DBN)

___________

Credit Reporting:

Lenders see some crazy excuses for dings on credit reports
(DBN)

____________

Health Care:

Law shields churches, leaves pensions unprotected
(DBN)

Medical bankruptcy claims rising as residents struggle to pay bills
(DBN)

Obamacare Will Change Everything — And It Might Cause A Recession
(DBN)

One Woman's Hopeless Attempt To Sign Up For Insurance Through Healthcare.gov
(DBN)

A design critique of HealthCare.Gov --- A techie walks us through healthcare.gov’s two big problems
(DBN)

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Advertising:

The ripple effect of Lipman's bankruptcy
(DBN)

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Metals:

Ormet will close, put 700 out of work --- Ormet says shutting Ohio aluminum smelter immediately --- 'Tragic'
(DBN)

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Celebs:

Anthony tries to dismiss Gonzalez, Kronk claims
(DBN)

'Laptop lawsuit' rapper files for bankruptcy
(DBN)

The Broke and the Beautiful: MLB Edition
(DBN)

Tori Spelling and Dean McDermott Face Bankruptcy and Divorce?
(DBN)

‘Teresa Giudice brings lawyer to reunion show
(DBN)

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Corporate Reform:

Four Potential Candidates for CFTC Chairman
(DBN)

____________

Aviation:

Flight Attendants Demand Bondi Withdraw from Merger Suit
(DBN)

____________

Autos:

Chrysler IPO could be a shot in the arm
(DBN)

____________

Economy:

Families hoard cash 5 yrs after crisis
(DBN)

Here’s What Jobs Report Would Have Said
(DBN)

Economic Confidence Plummets as Gov't Shutdown Begins
(DBN)

Boehner: We're On The Path To Default If Obama Doesn't Negotiate On The Debt Ceiling --- Government Shutdown Enters 2nd Week With No End In Sight And Debt Limit Looming --- Shutdown Update and Schedule --- Americans See Current Shutdown as More Serious Than in '95 --- Experts See Potential Ways Out for Obama in Debt Ceiling Maze --- Can Obama ignore the debt ceiling? Three constitutional arguments provide a ‘yes’ answer --- Boehner Shifts To Fiscal Goals --- Top Five Quotes From the Sunday Talk Shows --- Goldman: If The Debt Ceiling Isn't Raised And The Treasury Runs Out Of Cash, Then Say Goodbye To 4.2% Of GDP --- No Way Out of Recession Sparked by Failure to Raise Debt Ceiling --- GOP May Take Debt Limit Deal to the Brink --- Boehner Secretly Defended A Special Obamacare 'Exemption' He Has Publicly Derided --- 32 Republicans Who Caused the Shutdown --- Analyst: One Key Thing Will Force Members Of Congress To Rethink Their Positions --- The Economist on Ted Cruz --- Closure Creates an Investor Opening --- Republicans Say Debt-Ceiling Negotiations Not New --- Full-Year Budget Report Will Be Delayed Due to Shutdown --- U.S.-Europe Trade Talks Hit by Shutdown --- US government work is losing cachet for some --- Pentagon Orders Furloughed Workers Back --- House Votes to Pay Furloughed Workers --- Maybe the government shutdown won’t clobber the economy, after all --- The ‘non-essential’ parts of government that shut down are actually quite essential --- 10 Unexpected Consequences of Shutdown --- Shutdown slows US bilateral talks to fight offshore tax dodgers --- Government shutdowns are even worse for Washington’s museums than you think --- Tea Party Leaders Announce Support For Deal In Exchange For Malia Obama :) --- The myths of debt ceilings, deficits and defaults --- 6 families hurt by the shutdown --- Absolutely everything you need to know about the government shutdown
(DBN)

Lew Says Congress ‘Playing With Fire’ on Debt Limit --- Morgan Stanley Economist: If We Breach The Debt Ceiling, Jack Lew Must Decide Which Law To Break --- 143-year-old law puts fear in officials during shutdown --- US Default Seen as Catastrophe Dwarfing Lehman --- Obama says expects Congress will raise debt ceiling before deadline --- Now Even China Is Lecturing Us About The Debt Ceiling Crisis --- Krugman: Hitting the Ceiling: Disastrous or Utterly Disastrous? --- What If Default Isn't a Disaster? --- Wall Street gets ready to trade defaulted US debt --- The most often repeated fact about US debt is wrong
(DBN)

What Will Happen To Interest Rates If The US Defaults
(DBN)

Treasuries Becalmed as Debt Cap Approaches With Gross Buying
(DBN)

BofA Slashes GDP Growth Forecasts Due To Crisis In Washington
(DBN)

When will the next US recession come?
(DBN)

. . .From When S&P Downgraded The US Credit Rating
(DBN)

The Uncomfortable Truth About What Treasury Can Do If We Breach The Debt Ceiling
(DBN)

Fed’s Lacker: Unknown Whether Shutdown Would Delay Decision on Bond Buying
(DBN)

Fed’s Kocherlakota: Must Do ‘Whatever It Takes’ to Aid Job Market
(DBN)

7 Unreliable Economic Indicators That Move Markets
(DBN)

An Economic Avalanche Is Coming
(DBN)

10 Stealth Economic Trends That Rule the World Today
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Richmond’s rules: Why one California town is keeping Wall Street up at night
(DBN)

7 States with most ‘zombie homes’
(DBN)

Mortgage Firm Data Key to Wall Street Probe, U.S. Says
(DBN)

Of Auction Sales and Fees: Going, Going, Going … Not Gone
(DBN)

Bankruptcy auction set for Miami development site
(DBN)

JC Penney woes add more angst to CMBS market
(DBN)

____________

Municipalities:

Now You See Them, Now You Don’t . . . Now Pay – One Court Weighs in on Insurer’s Continued Liability on Bonds Restructured Under a Chapter 9 Plan of Adjustment
(DBN)

Detroit bankruptcy could change muni market, Chicago Fed says
(DBN)

Detroiters Living Amid Ruins Resist Moving as City Reorganizes
(DBN)

Detroit union victory worth 'refund on deck of Titanic'
(DBN)

Detroit pension funds' 13th check OK'd by judge, but retirees shouldn't count the money yet
(DBN)

Detroit selling art means Kevyn Orr failed --- Detroit museum plan would aim to prevent art sale --- Protests planned against sale of Detroit Institute of Arts assets
(DBN)

Orr: No guarantees for pensions or Detroit Institute of Arts items
(DBN)

Detroit finds out going broke is expensive
(DBN)

Wake up, Detroit: Belle Isle lease is a good deal
(DBN)

A World Series won’t save Detroit
(DBN)

How corruption deepened Detroit's crisis
(DBN)

Six Decades in Detroit
(DBN)

Forget tinkering; San Bernardino needs wrenching changes
(DBN)

Stockton: Daylight at end of tunnel?
(DBN)

California's cities face pension woes
(DBN)

Suburb Of America's Most Dangerous City Wants To Change Its Mailing Address
(DBN)

Consensual plan preferable but this legal, some say risky, move also an option for Jeffco's bankruptcy exit
(DBN)

Jefferson County tried to dupe ratepayers, sewer debt might not be legal, plaintiff lawyers say
(DBN)

Puerto Rico Debt Troubles Regulators
(DBN)

Lawyer complains about ex-Bell official's plea
(DBN)

A look at pension problems, solutions in US cities --- Political, popular obstacles block pension changes
(DBN)

____________

Fraud:

Staffers' Trial Will Be Another Madoff Reckoning
(DBN)

Bernard Madoff's inner circle goes on trial
(DBN)

____________

Banking:

American banks' loan-to-deposit ratio is at a 30-year-low
(DBN)

____________

Education:

The 50 Most Expensive Boarding Schools In America
(DBN)

____________

Social Media:

Bankrupt firm jumps 700% after traders mistake it for Twitter
(DBN)

____________

Alternative Energy:

Abound Solar Cleanup Could Cost Nearly $4M
(DBN)

____________

Politics:

Warren Uses Star Power to Push Tough-on-Wall-Street Agenda
(DBN)

Poll: Anger At Government Soars
(DBN)

The shutdown is a Republican civil war
(DBN)

Which of Congress's Richest Members are Giving Up Their Pay During the Shutdown?
(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 (27 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (14 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)

______________

Claims Trading:

Solus Rides a Boom in Bankruptcy Claims
(DBN)

____________

Discharge:

Bankruptcy Judge Sends a Message to Bank of America
(DBN)

____________

Bankruptcy Reform:

At 8, BAPCPA falls short of goals
(DBN)

____________

Sales:

Upset Bids in Section 363 Sales
(DBN)

____________

Avoidance Actions:

Summer/Fall 2013 Avoidance Action Report Released
(DBN)

____________

Oil/Gas:

OPEC Chief To West: Actually, You Guys Are Making More Money Taxing Oil Than We Are From Producing It
(DBN)

____________

Turnarounds:

Former CEOs Talk Rebuilding Reputations
(DBN)

____________

Insurance:

Subcontractor Default Insurance — A Cautionary Tale
(DBN)

___________

Litigation:

FRCP Reform: Prospects for Reducing Disputes and Gamesmanship
(DBN)

Text Messaging as Uncharted Territory in E-Discovery
(DBN)

____________

Opera:

The Frenzied Last-Act Effort to Save City Opera --- City Opera's Board Should be Pilloried --- The curtain closes on the 'People's Opera' --- Now the lawyers will write the libretto
(DBN)

____________

Brokers:

MF Global Customers Seek Closure With Final Payments
(DBN)

____________

Pensions:

Woodruff says his $1M fee saves CNMI govt nearly $13.8M
(DBN)

____________

Student Debt:

Student-Loan Defaults are Still Soaring Thanks to Washington's Neglect
(DBN)

____________

Corporate Governance:

Raising The Bar With A New Corporate Governance Index?
(DBN)

____________

Sovereigns:

Don't even think about it, Argentina. (And tell us if you do.)
(DBN)

____________

UK:

Blue star Duncan James on bankruptcy : 'I felt like I was drowning' --- 'I sold my mum's house to get by'
(DBN)

Liverpool may be bankrupt in three years says Mayor
(DBN)

____________

EU:

Regulator fines Bank of Cyprus for non-disclosure on Greek debt
(DBN)

Inquiry: Cypriot crisis is ex-president's fault
(DBN)

____________

PIIGS:

ie: Most in State insolvency scheme can't afford fees --- Judge orders Sean Dunne to reveal deals with wife Gayle
(DBN)

Telecom Italia eyes Italy restructuring , halts network plan -union
(DBN)

Greek gov't to submit draft budget to Parliament --- Greece expects economic growth _ at last _ in 2014 --- Greek lawmakers say Germany owes reparations
(DBN)

____________

Brazil:

OGX Said to Weigh Bankruptcy Protection Filing in a Month
(DBN)

Drum beat grows louder for OGX default
(DBN)

____________

France:

French Regions Face Welfare Squeeze
(DBN)

____________

MENA:

Supreme Court temporarily blocks Better Place sale freeze
(DBN)

____________

Asia:

World Bank slashes growth forecasts in Asia
(DBN)

____________

Serbia:

Serbia Near Bankruptcy , Awaits $1 Billion UAE Loan
(DBN)

____________

Japan:

For 'zombie' Fukushima operator, fresh financing masks long-term woes
(DBN)

____________

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