September 18, 2013

The Daily Bankruptcy News

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Law:

The Soap Opera of ‘Dallas’: Now Starring Weil Gotshal --- Sidley Austin LLP Adds 8-Partner Team of Litigation and Private Equity Lawyers
(DBN)

Law firm growth… when is being #1 not very impressive?
(DBN)

Law students may work as unpaid interns on pro bono matters for law firms, Labor Department says
(DBN)

To cut costs, cut associates’ billable hours through technology
(DBN)

Biglaw, And Even Bigger Allegations Of Racism And Sexism
(DBN)

A Shinier, Happier Biglaw?
(DBN)

The profession is a time vampire
(DBN)

Ranking 2013′s Summer Associate Programs: You Were Very, Very Worried About Being No-Offered
(DBN)

Schiff Hardin Adds Andrew M. Minear To Bankruptcy Group
(DBN)

Quarles & Brady plans continued growth in Midwest and Florida, new chair says
(DBN)

Lawyer Billed 29-Hour Day To The Same Client And Didn’t Expect to Get Caught
(DBN)

My Asian Eyes
(DBN)

Is the ‘art of passing’ necessary for a Chinese American to survive in corporate law?
(DBN)

iOS 7 is out today; first iPhone 5s reviews are posted --- Everyone Loves The iPhone 5S --- 23 Startling Side-By-Side Comparisons Of How Apple's New iPhone Software Will Change Your Favorite Apps --- You Could Go To Jail For Hacking Your iPhone
(DBN)

Illinois lawyer and congressional candidate paid for law school with Miss America scholarship money
(DBN)

A Biglaw Innovation, Or Department Of Disappointment?
(DBN)

How To Stay Happy At Work When You Hate Your Job
(DBN)

Insurer sues own lawyer for $43M in Big Dig coverage case, says competing carrier was a client, too
(DBN)

Can you answer 10 questions from the US citizenship exam?
(DBN)

19 Famous Thomas Jefferson 'Quotes' That He Actually Never Said At All
(DBN)

N---- Attorney Gets Tased
(DBN)

Read The Full Letter From The CEO Of Starbucks Asking Customers To Stop Bringing Guns Into Stores
(DBN)

FISA Court: No Telecom Has Challenged Requests --- FISA court releases opinion upholding NSA phone program
(DBN)

Stunning Police Report Shows The Apparent Mental Instability Of Alleged Navy Yard Shooter --- Gunman Was Hearing Voices --- Police in Rhode Island say they warned Navy that suspect in Navy Yard slayings was ‘hearing voices’
(DBN)

Federal Judge Throws Out Major Convictions of Former Police Officers Due To Prosecutorial Misconduct.
(DBN)

Attorney ordered to pay more than $4 million for unsolicited faxes
(DBN)

Stephen Colbert Mocks Outrage Over Racist Reaction To Indian Miss America
(DBN)

Pig Drinks 18 Beers, Gets in Fight with Cow
(DBN)

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Judges:

Judge: Judiciary Planning for 'Worst-Case Scenario' on Budget Cuts
(DBN)

Daughter of courthouse shooter held without bail in ‘unique’ cyberstalking case
(DBN)

Justifying harsh sentencing through the power of a single image
(DBN)

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Wall Street:

US stocks seen up ahead of Bernanke speech
(DBN)

S&P 500 at six-week high ahead of Fed
(DBN)

SEC charges 23 firms with short selling violations
(DBN)

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Layoffs:

The Most Overrated Jobs 2013
(DBN)

12 Of The Most Undervalued Jobs In 2013
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Food/Beverage:

Judge allowing SD beef plant to hire banking firm
(DBN)

Buyer found for AgFeed's operations in China
(DBN)

Belle Foods' leaders buy company cars, iPads at bargain prices
(DBN)

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Rail:

Railway's assets may be sold to cover bankruptcy costs
(DBN)

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Electricity:

KKR to TPG Stakes Seen Cut Down in Energy Future Workout
(DBN)

Prepackaged EFH bankruptcy appears in jeopardy
(DBN)

Creditors Circle Energy Future Holdings Before Potential Bankruptcy
(DBN)

Energy Future Holdings creditors to meet, but no deal close -sources
(DBN)

EFH creditors seek bigger stake in reorganization, sources say
(DBN)

EFH owners dangle bigger cut for creditors in bankruptcy offer
(DBN)

Energy Future Holdings Is Discussing Bankruptcy Loan with Banks
(DBN)

Bankruptcy Judge Sides With Edison Mission in Chevron Dispute
(DBN)

Dallas-based Luminant Seeks to "Suspend Operations" at Martin Lake Power Plant Unit Due to Cheap Electricity Prices
(DBN)

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Alternative Energy:

Suntech Huge Debts Scares away Investors
(DBN)

Car-Battery Maker Ecotality Seeks Auction in Bankruptcy --- ECOtality fatality: Green company files for bankruptcy after 115M stimulus funding granted
(DBN)

Wisconsin's Helios Solar, Part of SolarWorld's CASM, Is Bankrupt
(DBN)

US to sell nonperforming Fisker Auto loan next month --- Fisker Automotive May Win Second Chance
(DBN)

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Banking:

Ex-JPMorgan Trader's Lawyer Says Client Relied on Whale
(DBN)

Ex-JPMorgan Traders Could Face 20 Years in Prison
(DBN)

Court decision to be made soon on Mercantile sale
(DBN)

Equity Bank bid for Illinois bank at auction, didn't get it
(DBN)

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 Mass Torts:

BP Wants Spill Settlement Rejected, Victims Claim
(DBN)

Victims' families object to Quebec committee's quest for role in MMA
(DBN)

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Hedge Funds:

Co-founder of defunct hedge fund Diamondback launches new firm
(DBN)

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Autos:

Chrysler IPO continues ripple effect of auto company bailouts
(DBN)

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Economy:

Your Ultimate Guide To The Most Anticipated Fed Announcement In Years
(DBN)

Yellen Seen as Likely Fed Nominee in Survey After Summers Exit
(DBN)

New Fed chief, whoever it is, faces trial by fire
(DBN)

8 Trillion Reasons Bernanke Needs To Mind His Language
(DBN)

US budget deficit expected to shrink, then rise to 3.5 percent of GDP by 2023: CBO --- US on 'unsustainable' budget course --- CBO: Interest to Spike Debt to 100% of GDP
(DBN)

CBO: Budget Office Warns That Deficits Will Rise Again Because Cuts Are Misdirected
(DBN)

15% of Americans living in poverty
(DBN)

American Median Incomes By Race Since 1967
(DBN)

Food Stamp Diet: Panera Bread CEO Living On $4.50 A Day
(DBN)

Consumer Prices in US Rose Less Than Forecast in August --- Consumer prices up 0.1% in August
(DBN)

US Recovery Could Send Dollar Crashing
(DBN)

Bernanke Saves Companies $700 Billion as Apple to Verizon Borrow
(DBN)

The Youngest Billionaires On The Forbes 400: 20 Under 45
(DBN)

Inside The GOP Civil War That Could Turn Into A Debt Ceiling Or Government Shutdown Disaster --- The Coming Budget Crisis Could be the Worst---- Did Ted Cruz Just Force Republicans Into Shutting Down The Government?
(DBN)

IRS Enforcement at Risk as Collections Drop 9% Amid Cuts
(DBN)

Why Being Overworked Can Feel Like Being Poor
(DBN)

Rich People Are Increasingly Investing In Farms And Rail Cars
(DBN)

RAND: US Strength is Economic Strength
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

US Builder Confidence Steady, Rates a Concern
(DBN)

Homebuilder Sentiment Is Decoupling From Reality
(DBN)

Fall in Home Loans Pushing Fed Away From Taper in Mortgage Bonds
(DBN)

Versace mansion sells for $41.5 million --- Well Below Listing Price --- Versace Mansion: An Inside Look
(DBN)

NC: Price real estate firm in bankruptcy
(DBN)

Georgia Land Trust, TAS Bankruptcy Trustee Agree To Preserve Sale Terms
(DBN)

Here's How Much Money You Could Be Making If You Rent Your New York Apartment Out On Super Bowl Weekend
(DBN)

Wife of reputed mob figure pleads guilty in mortgage con
(DBN)

US Government Set To Seize New York City Building Linked To Iran In 'Largest Ever Terrorism-Related Forfeiture'
(DBN)

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Municipalities:

Obamacare Is Secretly A Bailout Of State And Local Governments
(DBN)

Will Detroit bankruptcy lead to others? U.S. Conference of Mayors weighs in
(DBN)

Judge opens mediation talks in Detroit bankruptcy --- Detroit, creditors launch bankruptcy case talks --- Judge acting as mediator in Detroit bankruptcy : Deals are better than 'horrendous' litigation
(DBN)

Will Detroit's bankruptcy end irresponsible lending?
(DBN)

Detroit bankruptcy case hearings on Thursday
(DBN)

Rick Snyder: I tell the Chinese that Detroit is a bargain
(DBN)

Can Kevyn Orr Fix Detroit?
(DBN)

Retirees Committee In Detroit Bankruptcy Blasts EM Orr, Gov. Snyder, Asks For Stay Pending Higher Court Ruling
(DBN)

Can Detroit leverage DIA art to resolve bankruptcy ? --- The state of Michigan's museums in the digital age
(DBN)

Council votes for Pa. capital incinerator sale
(DBN)

Republicans can't blame the ghost of Coleman Young for Detroit's bankruptcy
(DBN)

Houston No. 2 in GDP growth
(DBN)

Can PA drink its way out of debt?
(DBN)

Why Wayne County needs an emergency manager
(DBN)

Pontiac Emergency Manager Order Postpones Democracy For City After Financial Crisis
(DBN)

CalPERS optimistic about San Bernardino pension payment
(DBN)

San Bernardino: City current on payments to infrastructure bank
(DBN)

This Map Shows Whether Your City Is Booming Or Busting
(DBN)

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Fraud:

Corzine Operated 'Scheme' at MF Global, Trustee Alleges
(DBN)

Utah Ponzi operator gets prison term for $49M scheme
(DBN)

Heinz trades targeted by SEC unauthorized -Cayman Islands firm
(DBN)

N.H. Banking Dept. seeks expenses from bankruptcy court for FRM Ponzi probe
(DBN)

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Media:

ESPN Top Creditor in Agency Bankruptcy
(DBN)

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Health Care:

CDC Threat Report: 'We Will Soon Be in a Post-Antibiotic Era'
(DBN)

Laid Off And Looking For Health Insurance? Beware Of COBRA
(DBN)

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Celebs:

The Word: Robin Williams is back on TV because he's broke --- Williams returns to TV, sells house to pay debts
(DBN)

Casey Anthony lawsuits can go on, federal bankruptcy judge says
(DBN)

Courtney Love Looks to Sue Ex-Attorney Over Bizarre Kurt Cobain Estate Fraud Claims
(DBN)

Frank McCourt donates $100M to Georgetown U. in DC
(DBN)

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Aviation:

American Eagle Flight Attendants Question Merger Benefits
(DBN)

American Eagle flight attendants wonder about their future
(DBN)

AA workers again waiting for resolution
(DBN)

Republic Airways extends Frontier-sale deadline
(DBN)

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IP:

Copyright in tattoos in videogames: will a bankruptcy appellate panel tell us all (or at least something)?
(DBN)

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Education:

The 25 Best College Professors In America
(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 (28 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (13 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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Valuation:

Court Holds That Experts’ Valuation Testimony Has Little Value
(DBN)

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Safe Harbors:

Safe Harbors: Armageddon looting machine
(DBN)

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Recent Pleadings:

Having Your Cake and Eating It Too: Detroit Tells Judge That Syncora Attorney Names As Witness Is Hiding Behind Privilege
(DBN)

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Evidence:

341 Transcripts: The Hearsay Rule and Limits on Their Use as Substantive Evidence
(DBN)

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Litigation:

Judge Clarifies ESI Preservation Duty and Spoliation Consequences
(DBN)

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TBTF:

Ally Says It Is Better Able to Withstand a Downturn Than Before
(DBN)

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Retailing:

Holiday Shopping Season Could be Weakest Since 2009
(DBN)

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Brokers:

Report details Corzine 'scheme' at MF Global
(DBN)

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Resorts:

Naniloa trustee asks bankruptcy court for extension on ground lease --- Naniloa trustee hopes to find buyer before Hilo hotel loses its lease
(DBN)

Kenoi: It’s time to cancel this lease and start over
(DBN)

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Lehman:

Ex-Lehman Brothers Bankers Getting the Band Back Together
(DBN)

Lehman Sign Sells for $14,915, Five Years After Collapse
(DBN)

Lehman investor suffers hammer blow at Christie's sale
(DBN)

Stop Blaming Lehman and Banks, Congress Created the Collapse
(DBN)

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Corporate Reform:

US Commission Is Looking Into Reducing Sentences For 'White Collar Crimes'
(DBN)

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Telecoms:

FiberTower Plan Would Hand Control to Bondholders
(DBN)

LightSquared lost $56.7m in August as auction nears
(DBN)

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Finance:

Bahrain Bahrain's Arcapita Emerges From US Bankruptcy --- Goldman Sachs Loan Leads Bahrain's Arcapita Out of Chapter 11
(DBN)

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Magazines:

S-- Doesn't Always Sell: Penthouse publisher goes bust --- id the Internet Help Kill Penthouse? --- What Bankruptcy Says About S--
(DBN)

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Tech:

Endicott Interconnect Could Face Bid from Secured Debt Holders
(DBN)

Endicott Unsecured Creditors Challenge $16 Million in Secured Debt
(DBN)

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Distressed Investing:

Jim Chanos: These Are The Kinds Of Companies We're Looking At Right Now
(DBN)

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UK:

Landmark RBS court case result overturned
(DBN)

The 10 Best Pubs In London
(DBN)

Bank of England raises UK growth forecast after robust data
(DBN)

Three hundred more men killed themselves in Britain in 2009 as financial crisis triggered spike in suicide rates around the world
(DBN)

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PIIGS:

ie: US court allows Nama to seize Dunne land --- Irish to Keep Chunk of Anglo Irish Loans as Wealth Funds Circle
(DBN)

Spain's Pescanova to request 75 percent haircut on debt - source
(DBN)

Greece's Societal Crisis Hits Its 'Red Line'
(DBN)

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Canada:

Charges Laid in Bankruptcy Fraud Investigation
(DBN)

Objections raised to Quebec committee role
(DBN)

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Germany:

9ff & SpeedArt file for insolvency
(DBN)

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Japan:

TEPCO delayed tackling radioactive water in 2011 due to bankruptcy fears
(DBN)

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Finland:

Finnish retailer Tiimari to file for bankruptcy
(DBN)

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China:

China's Second Richest Man Injured In Suspected 'Revenge Attack' By Fired Workers
(DBN)

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Mexico:

40,000 tourists stranded in Acapulco
(DBN)

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