September 19, 2013

The Daily Bankruptcy News

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Law:

NALP: Associate Salaries Bobble But Remain Essentially Flat --- Median BigLaw pay for new associates rebounds to $160,000
(DBN)

The Weil Gotshal Dallas Departures: A Deeper Dive
(DBN)

The Trend Toward Legal Onshoring
(DBN)

Stealth Lawyer: Havona Madama, Kid Klass Founder
(DBN)

Anderson Kill Adds Bankruptcy Partner
(DBN)

Future Lawyers Should Pay Full Price For A Top Law School Even If They Get A Full Ride Elsewhere
(DBN)

Cadwalader, Akin Gump, Katten, Kirkland: Business of Law
(DBN)

Who Represents America's Biggest Companies 2013
(DBN)

The Aspiring Lateral: Downsizing From Biglaw
(DBN)

Leveraging Legal Background: You might have to trudge on to Plan D, E, or F
(DBN)

Lawyers, Law Students, Staff: You should be hanging out in LinkedIn Communities
(DBN)

Beware the drizzle makers
(DBN)

The Biggest Changes Coming To Your iPhone Today --- The iPhone 5S Is By Far The Fastest Smartphone In The World --- Good News, Apple Fans! It Seems Like The New iPhones Are Actually Pretty Cool --- How To Switch Off IDFA iPhone Tracking In iOS 7 --- Call Blocker Feature In iPhone's iOS 7 Update
(DBN)

Professor: I Lost Tons Of Critical Files Because Of Dropbox
(DBN)

How To Organize And Clean Your Desk In Five Easy Steps
(DBN)

Court: Facebook ‘Like’ Is Protected By the First Amendment
(DBN)

A Lawyer Turned Entrepreneur Comes To The Aid Of Busy Parents
(DBN)

Dealing With a New Business Plan
(DBN)

Does the way that lawyers are encouraged to think and work make them vulnerable to depression?
(DBN)

Dean Of New Law School Gets Emotional, Mangles Shakespeare, Doesn’t Mention Tuition
(DBN)

Two-year law degree opens doors
(DBN)

22-Year-Old Who Confessed To Drunk Driving Death In YouTube Video Changes His Plea To Guilty
(DBN)

Woman Stabs Roommate for Refusing to Stop Listening to The Eagles
(DBN)

NSA Admits That Snowden's Data Theft Was Incredibly Easy
(DBN)

Navy Yard Shooter Reportedly Carved Messages Into The Guns He Used For Massacre --- Navy Yard shooter Aaron Alexis was 'not happy with America' --- Psychiatric Drug Connection to Navy Shooter --- Here's Why The Alleged Navy Yard Shooter Was Able To Buy A Gun --- There Will Be Another Mass Shooting, And Here's What Data Tells Us About It --- UCLA Professor Made A Disgustingly Dark Joke About Mass Shootings --- The Gun Rights of the Mentally Ill --- Gun Store Owner Refused to Sell Alexis AR-15
(DBN)

Judge Appoints Professors From "Fancy Ivy League" Schools To Fix Stop & Frisk
(DBN)

Self-published $10 law school casebook a good deal for buyer and seller, co-author says
(DBN)

Lawyer admits napping at trial, but rates his performance an 8 or a 9
(DBN)

Mich AG: Marriage is for regulating sexual relationships to make sure you're having babies
(DBN)

John McCain's Response To Vladimir Putin's Op-Ed Is Finally Here, And It Is Blistering
(DBN)

Midget P--- Heist Results In Burglary Charge
(DBN)

Baby Messiah regains moniker
(DBN)

Man Arrested For Performing Exorcism on 80-Year-Old Girlfriend
(DBN)

Man Named R--er Is Indicted On Three R--- Charges
(DBN)

Why Gun Owners Claim They Need To Bring Firearms To Starbucks --- Starbucks CEO Tells Employees They Can't Ask Gun-Toting Customers To Leave --- Did Newtown Prompt Starbucks’s Shift on Guns?
(DBN)

Texas wades into evolution debate at textbook hearing - "National embarrassment"
(DBN)

Man, 54, Jailed For Trying To Forcibly Exorcise Devil Out Of His 80-Year-Old Girlfriend
(DBN)

The Internet Has Raised $72,000 For The Homeless Guy Who Returned $40,000 In Lost Money
(DBN)

Mug Shots
(DBN)

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Judges:

Underneath His Robes: N--- Photos Of A Federal Judge?
(DBN)

University of Portland student gets help, inspiration from controversial Supreme Court Justice Clarence Thomas
(DBN)

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Wall Street:

Fed kicks stock futures , global markets higher
(DBN)

Global Markets Are Going Gangbusters
(DBN)

Wall Street ends at record, Fed maintains stimulus
(DBN)

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

______________

Layoffs:

Danger Will Robinson! - The Less Obvious Dangers Of The Robot Economy
(DBN)

Air France plans to cut 2,800 jobs
(DBN)

Wells Fargo Cutting 1,800 More Jobs in Mortgage Business
(DBN)

Report: BlackBerry could cut 40% of workforce
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Corporate Reform:

SEC to unveil CEO pay ratio rule, adopt municipal adviser rule
(DBN)

Why The Businessmen I Met In Prison Didn't Think Of Themselves As Criminals
(DBN)

US prosecutor cautions against white-collar sentencing revamp
(DBN)

Watchdogs won’t prevent the next Lehman
(DBN)

____________

Lehman:

Here's What Happened When Former Lehman Brothers Partied On The 5th Anniversary Of The Bank's Collapse
(DBN)

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Brokers:

Trustee Alleges Corzine Masterminded MF Global Scheme
(DBN)

____________

Oil & Gas:

Rebounding from bankruptcy
(DBN)

____________

Fraud:

Rotten tomato case: Prosecutors want Salyer to pay $33 million in restitution
(DBN)

Claudio Osorio Sentenced To 12½ Years For Fleecing Investors
(DBN)

____________

Coal:

Unions Cite Patriot Coal as Example of Bankruptcy Law Hurting Workers
(DBN)

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Radio:

With station in bankruptcy , future of WHYL unknown to staff, listeners --- Ben Barber off the air as WHYL faces bankruptcy
(DBN)

____________

Special Effects:

VFX Creator Gravity Files for Bankruptcy
(DBN)

____________

Economy:

Fed Stands Pat on Bond-Buying Effort --- Caveats on Recovery Are Behind Decision --- Bernanke Resets Fed Policy by Doing Nothing --- The Fed Has Lost All Credibility --- After Fed's Announcement, Confusion and Relief on Wall Street --- Bernanke says unemployment hasn't improved enough to slow stimulus --- 3 Things Need To Happen Before The Fed Will Even Think About Tapering Again --- No taper! Did Bernanke fool the Street? --- Fed pumping brings back talk of currency war --- Ben Bernanke Felt The Need To Correct A Big Mistake --- Ben Bernanke Goes Hardcore Dove --- The Fed Had To Delay The Taper Because Congress Is Insane --- A Morgan Stanley Analyst Nailed The Fed In One Sentence Last Week
(DBN)

Dollar index falls to 7-month low on Fed decision
(DBN)

The Entire State Of The US Economy, The Fed, And The Stock Market In One Disturbing Paragraph
(DBN)

Fed Front-Runner Yellen Seen as More Independent
(DBN)

US CEOs less optimistic about economy - survey --- Top CEOs Downgrade Outlook As Washington Threats Loom
(DBN)

Food stamp rise belies economic recovery
(DBN)

Women Waiting Tables Provide Most of Female Gains in U.S.
(DBN)

BofA: Here Are 7 Reasons Why The Fed Isn't Done 'Printing' Money
(DBN)

Economists: Tapering Is Not Tightening --- Here's Your Ultra-Simple Explanation Of What The Heck 'Tapering' Is
(DBN)

What happens when the U.S. government shuts down? --- The GOP Civil War Just Exploded Messily Into The Public --- White House to Agencies: Prepare for Shutdown --- Gov't Shutdown Tied to Ending Obamacare --- Fringe Republicans Prepare To Shut Country Down If They Don't Get Exactly What They Want --- Here's What Will Happen If Those Idiots In Washington Shut The Government Down --- CBO: Gov't Shutdown is Bad for the Economy --- Krugman: Things Come to a Head
(DBN)

FedEx stock up even though economy still "tepid"
(DBN)

16 Times When Ben Bernanke Was A Total Badass
(DBN)

The Mismeasure of Poverty
(DBN)

Financial Crisis Caused 5,000 Suicides
(DBN)

Five Years Later, The Bailed-Out Banks Still Aren't Lending
(DBN)

Debt Explosion Unchanged: Looks the Same as Five Years Ago
(DBN)

Thursday: Existing Home Sales, Unemployment Claims, Philly Fed Mfg Survey
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Assumption of a Real Property Lease and Then, Ten Months Later, Assignment? SDNY Gives the Green Light in a Case of First Impression
(DBN)

Housing Starts, Permits Miss Expectations
(DBN)

New home permits hit 5-year high, as expected
(DBN)

Home-Loan Drop Pushes Fed Away From Mortgage Bond Taper
(DBN)

U.S. mortgage applications jumped 11% last week
(DBN)

Home Builders Buoyed by Fed Decision, August Home Starts
(DBN)

Realtors to Regulator: Don’t Lower the Loan Limits
(DBN)

Jordache chief top bidder for Versace estate
(DBN)

Beale Street Future Returns to Bankruptcy Court
(DBN)

___________

Municipalities:

Avoiding Next Detroit Means Watching Muni Ratings, Fischer Says
(DBN)

Fitch: Detroit Likely to Default on General Obligation Bonds Next Month
(DBN)

Fitch: If Detroit's Novel Bankruptcy Filing Goes Through, We May Have To Reevaluate Everyone Else's Muni Bonds
(DBN)

Jones Day Surpasses Cap on Detroit Contract
(DBN)

City union wants more time to question EM Kevyn Orr on bankruptcy
(DBN)

Snyder on upcoming deposition: 'What I'm going to tell them is the truth'
(DBN)

Detroit residents gearing up to derail Detroit's bankruptcy --- Retirees, residents speak out against Detroit bankruptcy in letters filed with court
(DBN)

The two ‘Detroits’
(DBN)

This time Detroit's revival is different
(DBN)

Pensioners Face Betrayal in Detroit's Bankruptcy Push
(DBN)

Detroit Clerk Candidate D. Etta Wilcoxon Is Bankruptcy Expert Of Sorts
(DBN)

Detroit may use water department funds to pay pension debts, Orr says --- Money Meant for Sewer Repair
(DBN)

Mediator tells Detroit creditors: 'Open your minds'
(DBN)

Detroit bankruptcy is not deterring $55 million Rivertown development
(DBN)

What should Detroit look like after the bankruptcy ?
(DBN)

Plan to fix Harrisburg finances goes to Pa. court --- Seeks Approval for $362 Million Recovery Plan
(DBN)

For cities in Act 47 program, a proposed way out
(DBN)

____________

Health Care:

Walgreen Joins Rush To Employer Exchanges, An Alternative To Obamacare
(DBN)

US care homes firm Chatsworth files for bankruptcy
(DBN)

Edgewater Hospital’s Medical Records
(DBN)

Layoffs coming to Cleveland Clinic in plan to reduce budget by $330 million
(DBN)

Vanderbilt University Medical Center cutting several hundred more jobs
(DBN)

As enrollment in health care law looms, some states erect roadblocks
(DBN)

6 things boomers need to know about Obamacare
(DBN)

____________

Aviation:

American Airlines, US Airways employees head to Washington to lobby for merger
(DBN)

What The Airlines' Merger Defense Means for You
(DBN)

US Airways' Biggest Union Wants Contracts Before It Backs Merger
(DBN)

Air France Drops Profit Goal, Putting 2800 Jobs at Risk
(DBN)

Drunk, Dancing Scots Forced Emergency Landing
(DBN)

____________

Celebs:

Robin Williams: 'Divorce is expensive'
(DBN)

____________

Shipping:

TMT Hails U.S. Court Win in Bankruptcy Dispute
(DBN)

____________

Banking:

JPMorgan Said to Pay $900 Million to Settle Whale Probes
(DBN)

____________

Personal Finance:

The Many Faces of Retirement: New Lives, Dashed Dreams, High Hopes
(DBN)

____________

Lehman:

Lehman Makes Its Mark on Bankruptcy's Landscape
(DBN)

____________

Alternative Energy:

Crippling Debts Deepen LDK Crisis
(DBN)

Suntech edges closer to bankruptcy with no investors
(DBN)

____________

Tobacco:

Tobacco company bankruptcy settlement approved
(DBN)

____________

New Bankruptcy Opinions
(2 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (16 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (17 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:

Sacramento's business bankruptcy rate is worst in nation
(DBN)

Baton Rouge among lowest business bankruptcy rates
(DBN)

Top 5 Highest Business Bankruptcy Locales: Sacramento, Bakersfield, Riverside-San Bernardino, Colorado Springs, Denver
(DBN)

Top 5 Lowest Business Bankruptcy Locales: New York, Nassau-Suffolk, Baton Rouge, Honolulu, Miami
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

______________

Finance:

Second Circuit Affirms Bankruptcy Court's Denial of Loan Trustee's Attempts to Obtain Payment of Make-Whole Amount
(DBN)

____________

Bankruptcy Bonuses:

Court Clears Exide to Pay $16 Million in Bankruptcy Bonuses
(DBN)

____________

Safe Harbors:

The Code's Safe Harbor Defense: Still Vital and 'Extremely Broad'
(DBN)

____________

Avoidance Actions:

Threatening Letters Sent to 140 MF Global Vendors
(DBN)

____________

Recent Pleadings:

CalPERS Can't Thwart Bankruptcy - San Bernardino Wins Eligibility Fight
(DBN)

______________

TBTF:

Sen. Warren Urges Quick Action To Limit Risk from Big Institutions
(DBN)

Still too big to fail
(DBN)

____________

Litigation:

9 Ways to Cut E-Discovery Costs
(DBN)

____________

Setoffs:

Third Circuit: Offset Settlements Are Monetary Damages
(DBN)

____________

Compensation:

SEC Will Unveil CEO Pay Ratio Rule
(DBN)

____________

Telecoms:

LightSquared Auction May Foil $2 Billion Offer, Lenders Say
(DBN)

LightSquared and Lenders Battle Over Bankruptcy Auction Rules
(DBN)

____________

Retailing:

AIG's Miller Says Retail Next Industry Under Threat
(DBN)

Bloomingdale's Figured Out How To Stop Customers From Wearing Expensive Items Once And Returning Them The Next Day
(DBN)

JCPenney Just Killed Free In-Store Wi-Fi To Save Money
(DBN)

____________

Tax:

Beanie Babies Creator Warner Will Admit Tax Evasion
(DBN)

____________

Religion:

Abuse fallout: Stockton diocese on brink of bankruptcy
(DBN)

____________

Imaging:

Kodak no longer bankrupt , but bankruptcy lives on
(DBN)

____________

Magazines:

Stiff competition puts Penthouse in the poorhouse
(DBN)

FriendFinder lays bare debt-for-equity swap
(DBN)

Penthouse Owner FriendFinder Can Use Cash in Bankruptcy
(DBN)

____________

Autos:

GM Share Sale Leaves U.S. Room to Exit Automaker in 2013
(DBN)

Chrysler's IPO Could be Coming Soon
(DBN)

Wall Street veteran leads UAW trust in fight with Fiat over Chrysler
(DBN)

____________

Museums:

Great Platte River Road Archway Bankruptcy Plan Approved
(DBN)

How the Archway moves forward following bankruptcy
(DBN)

____________

Biofuels:

Middletown Indiana embarrassed, bankrupt by E-Biofuels $100 million scam --- US attorney charges Middletown firm with selling fraudulent biofuels
(DBN)

____________

Environmental:

State to undertake $500K clean-up of Pottstown Plating
(DBN)

____________

Sovereigns:

Pari passu poetry (doggerel, more like it...)
(DBN)

____________

UK:

US law firm hires top prosecutor from UK financial watchdog
(DBN)

Top restaurateur declared bankrupt
(DBN)

Cobbetts clear-up fees revealed
(DBN)

SRA puts 1,200 law firms on financial stability watchlist – how many more will join them?
(DBN)

____________

EU:

EU Plan Would Toughen Rules for Libor, Other Gauges
(DBN)

____________

PIIGS:

ie: State may be left with Anglo loans --- Liquidators try to protect $1bn of Anglo assets --- 'You forfeit it all and become an economic zombie'
(DBN)

Markets bet on more aid for Portugal without private sector losses
(DBN)

The Front Pages Of Today's Greek Newspapers Show The Atmosphere Of Fear And Loathing After Activist's Murder
(DBN)

____________

Australia:

Alan Bond battled demons after his wife's death
(DBN)

Print National caught in $23m insolvency
(DBN)

____________

China:

Fitch: China Credit Boom Out of Control
(DBN)

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