September 16, 2013

The Daily Bankruptcy News

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Law:

Major Law Firm Trying To Support Stressed Lawyers After Longtime Partner's Suicide --- Firm to review stress management --- Top lawyer told bosses plans to kill himself before committing suicide --- Friends pay tribute
(DBN)

Bankruptcy Lawyer: Letting Lehman Fail Was 'Tragic Error'
(DBN)

Jones Day, Gibson Dunn, Wilson Sonsini: Business of Law
(DBN)

Lawyer refunds $8200 in fees to bankruptcy client $6371 in debt
(DBN)

Arent Fox lays off about 20 support staffers, while Schulte Roth offers buyouts
(DBN)

Inquest Convenes in Hogan Lovells Partner Death
(DBN)

Lawyers & Marketing: Try tactics out on small scale
(DBN)

Custom Apps Created by Law Firms – Brilliant Marketing
(DBN)

Legal Sector: Unless your job produces revenue, be prepared to lose it
(DBN)

Female GCs Worse Off than Female Equity Partners
(DBN)

5 Rules Every New Associate Must Know (But No One Will Tell You)
(DBN)

Law schools take fewer students as job market remains glum
(DBN)

At law schools , a struggle to get students
(DBN)

What Is This Creepy Law Professor Doing???
(DBN)

What’s The Best Predictor Of Bar Exam Success? It’s Not The LSAT
(DBN)

Cooley Changes Name Like It’s Heading Into The Witness Protection Program
(DBN)

Face a classic word challenge and increase your personal power
(DBN)

Clifford Chance trainee lawyer faces firing after flip remarks in YouTube video
(DBN)

Man apparently seeking help killed by police
(DBN)

Firing at Man in Times Square, Police Wound Two Bystanders
(DBN)

The True Story Of How The US Almost Had A Fourth Branch Of Government
(DBN)

After Gaining Right To Free Speech, Corporations Could Get Right To Religious Freedom, Too
(DBN)

Former lawyer reportedly took $4M from victims, including his wife
(DBN)

Suspended: Lawyer's Comment In Letter To Opposing Counsel Had No Purpose Other Than Embarrassment Or Harassment
(DBN)

Three Things Your In-House Legal Recruiter Won't Tell You
(DBN)

Judge to US: Release NSA Data on Calls
(DBN)

California lawmakers pass bill allowing undocumented immigrants to obtain law licenses
(DBN)

Sanction For Settlement Conference Verbal Threat
(DBN)

A $4.2M mistake? Lawyer is liable for faxing ‘mundane advice’ to accountants, 7th Circuit says
(DBN)

New Miss America Hit by Racist Tweets
(DBN)

Medical Examiner In Zimmerman Case Sues For $100 M, Claims Prosecution Threw Case
(DBN)

26 Reasons Saul Goodman Deserves His Own Spin-Off
(DBN)

‘Better Call Saul’ is new ‘Breaking Bad’ spinoff; website touts two-for-one shoplifting defense
(DBN)

Town Bans Women from Voting
(DBN)

Say What?!
(DBN)

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Judges:

Indiana Judge Accused Of Multiple Violations
(DBN)

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Wall Street:

U.S. Futures Celebrate Summers Exit as Treasuries, Stocks Rally
(DBN)

Major Averages Close Higher For The Session And The Week
(DBN)

Poll: Americans Still Angry at Wall Street
(DBN)

Investor Optimism Index Loses Most of 2Q Gains
(DBN)

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Layoffs:

Report Suggests Nearly Half of U.S. Jobs Are Vulnerable to Computerization
(DBN)

Popular Jobs In The Future
(DBN)

Why Your Employer Really Wants To Pay You With A Prepaid Debit Card
(DBN)

Intel Is Shutting Down A Plant In Massachusetts And Laying Off 700 People
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Aviation:

American Airlines CEO can get $20M after merger, judge rules --- Judge cites AMR workers' sacrifices in rejecting CEO severance --- Why American's Tom Horton won't get his $20M payout --- Bankruptcy judge explains nixing American Airlines CEO's severance
(DBN)

U.S. Bankruptcy Judge files his confirmation of American Airlines’ reorganization plan
(DBN)

Air travelers lose with fewer choices
(DBN)

United Airlines to honor tickets issued for $0 in glitch
(DBN)

Rental Car Companies Find New Ways to Steal
(DBN)

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Hedge Funds:

Hedge funds reap rewards from bet on Lehman
(DBN)

Hedge Funds Designed to Decimate Capital
(DBN)

Banks Allying With Hedge Funds as Capital Rules Bite
(DBN)

19 Awesome Perks For Workers At Hedge Funds
(DBN)

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Personal Finance:

How To Dress Like A Wall Street Hotshot Without Spending Cash Like One
(DBN)

____________

Autos:

Defunct Georgia car dealer cost Michigan pensions millions
(DBN)

Fiat No Closer to Deal on Chrysler Stake
(DBN)

Chrysler to file for Listing This Week
(DBN)

Government closer to selling all GM stock
(DBN)

____________

Apparel:

Men's Wearhouse Has Been Crashing Since The Ouster Of Founder George Zimmer
(DBN)

____________

Lehman:

Lehman's Cold Dead Hand Is Still Reaching Out For Money
(DBN)

In Lehman's Shadow, Ex-CEO Fuld Carries On, Quietly --- Ex-Lehman CEO can't get a job on Wall St
(DBN)

"You work for Lehman? I thought that went bust"
(DBN)

Payouts for ex-Lehman staff 'equal to salaries'
(DBN)

Lehman's Legacy to US: Inequality for You
(DBN)

Lehman Haunts Banks Even After Shares Triple
(DBN)

Lessons learned from Lehman, but risks remain
(DBN)

The Lehman Anniversary: Five Years In Charts
(DBN)

The day Lehman Brothers hit the canvas and stayed down
(DBN)

Lehman Brothers + 5 years
(DBN)

The meaning of Lehman (take 2) --- The meaning of Lehman (take 3)
(DBN)

Lehman Brothers collapse: five years on, we're still feeling the shockwaves
(DBN)

The Death Of Lehman Brothers: What Went Wrong, Who Paid The Price And Who Remained Unscathed Through The Eyes Of Former Vice-President
(DBN)

Greg Gentile: Bankruptcy 'a Blessing in Disguise'
(DBN)

Why Lehman Wasn't Rescued
(DBN)

Lehman Brothers five years on: 'I think we were singled out'
(DBN)

Five Years After Lehman Brothers and the Financial Crisis, What’s Changed?
(DBN)

The Lehman Brothers London Headquarters Sign That Sold For Over $66,000 Is Hitting The Auction Block Again
(DBN)

Some Lehman creditors benefit handsomely from the bankruptcy
(DBN)

____________

Student Debt:

Student loans top $1.2 trillion
(DBN)

____________

Economy:

Here it comes: Are you ready for the Fed to taper? --- Federal Reserve chiefs finally face QE decision day
(DBN)

What The Fed's Taper-Lite Actually Means
(DBN)

The Great Recession in Charts
(DBN)

44% Don't Know How US Economy Works
(DBN)

Consumer confidence tumbles as interest rates rise
(DBN)

Global: Where Corporations Want to Invest
(DBN)

BofA Warns on Future Economic Growth
(DBN)

Larry Summers out of running for Fed chairman --- Summers Withdraws from Race to Become Fed Chief --- Under consideration for Fed, Summers suspends Citigroup role --- Summers needs to junk his Wall Street friends --- In race for Fed chair, Larry Summers reaches out to Elizabeth Warren --- Democrats harden opposition against Summers for US Fed --- Republicans Holding Next Fed Chairman's Fate Stay Quiet --- Summers done in by two sets of critics --- For Summers, Path to Fed Job Gets Bumpier --- Tester to vote 'no' on Summers --- Summers Seen Prone to Tighter Credit Than Yellen in Poll --- Larry Summers Knew Exactly What Was Coming Months Before The Financial Crisis Got Ugly
(DBN)

14 Questions About The Federal Reserve You Were Too Embarrassed To Ask
(DBN)

Morgan Stanley: The Fed Has 'Heavy-Caliber Ammunition In Reserve'
(DBN)

Zients to Become Obama Economic Advisor
(DBN)

What we get wrong when we talk about 'the financial crisis'
(DBN)

Explaining the Financial Crisis: Why Do We Still Not Know What Happened?
(DBN)

How Lehman Brothers’ failure has become an anniversary for bank bashing
(DBN)

Who really fixed the financial crisis?
(DBN)

Our Financial System is Not Stronger
(DBN)

Banks Keep Financial Crisis Door Open
(DBN)

Obama to use Lehman anniversary to cite progress
(DBN)

US retail sales data point to slow growth
(DBN)

TARP didn't save banks, it ruined them: Kovacevich
(DBN)

We're Almost at Break Even on TARP
(DBN)

The Most Dangerous Idea In Economics Today Is That The Government Is Broke
(DBN)

A Number Of Troubling Trends Are Redefining The Modern American Family
(DBN)

'The Financial States Of America' With Tons Of Economic Data
(DBN)

Five Years After Lehman, Could Another Collapse Be On The Horizon?
(DBN)

Obama Says Republican Agenda Will Worsen Economic Inequality --- Obama to GOP: Don't risk an economic backslide --- Poll: 44% Oppose Raising Debt Ceiling
(DBN)

Welfare and work: Taxing hard-up Americans at 95%
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Pricey homes in Richmond's eminent domain plan
(DBN)

ResCap Judge Approves Bankruptcy Deal With Insurer FGIC
(DBN)

Homes Are Not Investment Vehicles
(DBN)

California Inland Empire Still in Housing Tailspin
(DBN)

Developer Glenn Straub prepares to bid on former Versace mansion
(DBN)

Suburban field of dreams now littered with weeds, debris, lawsuits
(DBN)

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Municipalities:

How Chapter 9 Bankruptcy Has Pushed Detroit's Mayor Aside
(DBN)

Finally, dispelling the myths behind Detroit's decline --- Detroit's 6-Decade Fall Into Financial Hole
(DBN)

For decades, Detroit leadership was blind to city's mounting problems
(DBN)

Gilt trip: Detroit's bankruptcy mediation is unfolding in a 'million dollar courtroom'
(DBN)

How To Explain Living In A Bankrupt City
(DBN)

Union leaders, pastors meet with Obama administration, members of Congress seeking plan for Detroit
(DBN)

White House Plans To Send Some Money To Detroit During Bankruptcy
(DBN)

Detroiters back city with clothes on their backs
(DBN)

Detroit looks to health exchange to resolve bankruptcy
(DBN)

A glimpse into Detroit life
(DBN)

Groom: Detroit's Bankruptcy Filings - What Comes Next?
(DBN)

Charles Pugh resigns from Detroit City Council
(DBN)

Somehow, Illinois Will Have To Find An Extra $210 Billion Over The Next 10 Years
(DBN)

Stockton: No joy in Mudville
(DBN)

Bankruptcy proceedings raising tension between Stockton, Ports
(DBN)

San Bernardino: Mayoral candidate forum focuses on bankruptcy
(DBN)

Did Democracy Bankrupt Our Cities?
(DBN)

Foothill-Eastern Toll Road Driving Toward Largest Bankruptcy Since Detroit's: Report
(DBN)

____________

Health Care:

Expansion by the Acquisition of Financially Distressed Health Care Facilities and Companies: Opportunities and Challenges
(DBN)

The SCOOTER Store shutting down after federal scrutiny, CBS probe
(DBN)

Fairbanks mental health organization cutting staff
(DBN)

The Dawn Of A Bright New Day In Health Coverage
(DBN)

53% Still Disapprove of Obamacare
(DBN)

14 Oddball Reasons We're Living Longer Today
(DBN)

____________

Retailing:

Retail Sales in US Increase Less Than Forecast
(DBN)

____________

Fraud:

Will Traders Leave SAC Capital?
(DBN)

____________

Religion:

California diocese weighs bankruptcy over sex-abuse claims
(DBN)

Dark days for church
(DBN)

Milwaukee archdiocese seeks abuse settlements
(DBN)

____________

Chemicals:

After the fall, former Nova Chemicals CEO's life takes a new path
(DBN)

____________

Corporate Reform:

Ex-Wall Street chieftains living large in post-meltdown world
(DBN)

In post-Lehman clean-up, top banker prosecutions stumble
(DBN)

Firm That Broke the Buck in 2008 Fails to Reach SEC Deal
(DBN)

How to Deter Misbehavior by Bankers
(DBN)

____________

Bankruptcy Crimes:

FBI: Former Machesney Park Man Charged with Bankruptcy Fraud
(DBN)

Photos, Bankruptcy Fraud, May Finish Career Of Attorney
(DBN)

____________

Office Supplies:

Judge to approve National Envelope sale without auction
(DBN)

____________

Tobacco:

New owner of defunct Mocksville companies' cigar brands in dispute
(DBN)

____________

Movies:

He Bet on Financial Crisis, Used Profits for Documentary on It
(DBN)

____________

Ethanol:

Wall St. Exploits Ethanol Credits, and Prices Spike
(DBN)

____________

Pensions:

From bankruptcy filing to settlement deal
(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 (29 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (43 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)

______________

Sales:

363 Asset Sales: Delaware Bankruptcy Court Agrees That “It ain’t over ’til it’s over”
(DBN)

____________

Involuntary Bankruptcy:

Blixseth bid for $3.3M in fees put on hold
(DBN)

____________

Adequate Protection:

It’s Called "Adequate" – Not "Automatic" – Protection
(DBN)

____________

Standing:

Committee of Bondholders Lacked Standing to Vote on Debtor's Plan of Reorganization
(DBN)

____________

Ipso Facto:

Ipso Facto Clause Works for AMR, Second Circuit Says
(DBN)

____________

Recent Pleadings:

Girls Gone Wild Trustee Says Debtor's Counsel Owes $50,000 - Employment Never Approved
(DBN)

______________

Bankruptcy Bonuses:

Court shouldn't rubber-stamp bankruptcy bonuses
(DBN)

____________

TBTF:

'Too big to fail' is still a threat to the financial system
(DBN)

Still too big to fail
(DBN)

Why GM Still Owes Taxpayers
(DBN)

A Former Lehman Brothers Employee Describes How Crazy The Trading Floor Was On That Fateful Day
(DBN)

Senator Warren Questions Progress Ending Too Big to Fail
(DBN)

____________

Weather:

Hundreds still unaccounted for in deadly Colo. floods
(DBN)

US Has Coolest Summer Since 2009
(DBN)

____________

Alternative Energy:

Troubled electric car-charging company eyes bankruptcy
(DBN)

U.S. Considers Auction of Fisker Loan
(DBN)

Suntech CEO David King Latest Executive to Leave Solar Maker --- Suntech CEO follows three directors out door
(DBN)

____________

Coal:

Peabody Asks Court To End Its Funding For Patriot Coal's Retirees
(DBN)

____________

Agriculture:

Trying to Protect Crop Sale Claims: Title Retention Does Not Help
(DBN)

____________

Resorts:

Bankruptcy court approves Dyer Mountain sale
(DBN)

Naniloa resort faces closure --- Hawaii land board denies lease payment extension for bankrupt Naniloa hotel --- Jobs in jeopardy
(DBN)

____________

Furniture:

Furniture Brands chose fast, controversial path
(DBN)

____________

Celebs:

Casey Anthony can’t plead Fifth in deposition, says lawyer for defamation plaintiff
(DBN)

Did unpaid, newbie prosecutor imperil case by thanking juror Tom Hanks? Contact leads to plea deal
(DBN)

The Broke and the Beautiful: Not Movin' on Up Edition
(DBN)

____________

Food/Beverage:

Bankrupt beef plant to pay bills, seeks sale
(DBN)

____________

Banking:

State closes The Community's Bank in Bridgeport
(DBN)

Where's Snowden When You Really Need Him?
(DBN)

____________

Sovereigns:

Argentina formally requests US Supreme Court to review Appeals court favoring holdout hedge funds
(DBN)

____________

UK:

Brendan O'Carroll: The shocking story of the star of Mrs Brown's Boys
(DBN)

Recovery and insolvency experts urge retailers to seek help before shutting up shop
(DBN)

____________

EU:

ECB's Draghi says euro zone recovery "fragile"
(DBN)

The idea that the eurozone storm is over is delusional. It's merely resting
(DBN)

Investors in Europe See a Glass Half Full and Rising
(DBN)

The next financial bogeyman
(DBN)

____________

PIIGS:

ie: Hierarchies of privilege remain well protected --- It's about saving rotten banks – not helping debtors --- Broke and desperate but too poor for a debt deal --- Department of Justice seeks volunteers for insolvency complaints panel --- Trophy home 'guardian' has blown whistle on PIP folly --- Stafford let mask slip on how our betters cope with crash --- Struggling families with no assets won't get debt deals --- Former clients of IBRC to challenge bankruptcy bid
(DBN)

____________

Canada:

The untold story of how Canada survived the financial crisis
(DBN)

Gray Aqua bankruptcy case transferring to NB
(DBN)

Furniture Brands Canada declares bankruptcy
(DBN)

Seniors' Bankruptcy rate alarming
(DBN)

____________

Brazil:

Brazil's Caixa Halts Loans to Batista's OSX Shipbuilder
(DBN)

OGX Prepares to Tap Creditors for Cash to Avert Bankruptcy
(DBN)

OGX Elects Board Members, Batista May Come Under More Pressure
(DBN)

Batista’s Colombia Coal Mines Sale Latest Deal as Empire Shrinks
(DBN)

____________

India:

Weird Things That Happen In India
(DBN)

____________

Vietnam:

New bankruptcy law to help defaulted businesses die more easily
(DBN)

____________

Israel:

Israel's Channel 10 again on verge of bankruptcy
(DBN)

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