September 30, 2013

The Daily Bankruptcy News

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Law:

Did lease make 450 Dewey partners personally liable for default? Suit seeks unpaid rent
(DBN)

Who’s eating law firms’ lunch?
(DBN)

Death of a Leader
(DBN)

So, You Want to Go In-House?
(DBN)

As The Weil Turns: More Texas Turmoil
(DBN)

Simpson Thacher Advises KKR on Panasonic: Business of Law
(DBN)

Associates Outraged Over Access To Personal Email Being Blocked By Firm
(DBN)

Enough With the At-Work Kissing
(DBN)

Associate of ex-NFL player Aaron Hernandez indicted in shooting death
(DBN)

Politicians Are Now Promising To Make MORE Law Schools , If Elected
(DBN)

Law schools at a crossroads: Weak job prospects, high tuition causing fewer to apply
(DBN)

A different take on the ABA Task Force Draft Report on the Future of Legal Education
(DBN)

Is Business School A Better Bet Than Law School?
(DBN)

Klassy Student Posts All His Offer Letters For His Fellow Students
(DBN)

10 law firm ads that are so bad they’re good
(DBN)

Lawyer 'posted n---- photos of prosecutor ex-girlfriend on Twitter after they broke up'
(DBN)

Advice On Work-Life Balance From Extraordinarily Busy People
(DBN)

How You Can Manage Your Time Well Enough In Order To Leave The Law
(DBN)

How To Detect When People Are Lying
(DBN)

Associates: Workplace Social Media Use Up, Unevenly
(DBN)

Lawyer reevaluates life and leaves big-firm lifestyle to focus on family, friends and health
(DBN)

40 Things Every Self-Respecting Man Over 30 Should Own
(DBN)

20 Signs That You Are A Psychopath
(DBN)

Lawyering In The Shadow Data: Digital Wakes and Pattern Recognition
(DBN)

Lawyers Stay Connected to LinkedIn While on Move
(DBN)

NSA analysts spied on love interests --- Welcome to the Security State, America
(DBN)

Judge denies former New Orleans mayor's bid to delay trial
(DBN)

Review: The iPhone 5S Is As Close To Perfect As You're Going To Get
(DBN)

Pastor Shot, Killed During Church Service
(DBN)

NYPD: 3-year-old found with 14 bags of marijuana in backpack
(DBN)

Man Catches Cops Removing Pro-Gun Signs From Yard
(DBN)

Tales of horrific torture emerge from Kenya mall attack
(DBN)

Women who drive risk damaging their ovaries?
(DBN)

How 'Breaking Bad' Was Like No Other Show That Came Before It
(DBN)

Breaking Bad: Is Final Episode a Trade Secret? --- Here Are Some Wild 'Breaking Bad' Finale Gifs To Close Out The Series --- 5 Great 'Breaking Bad' Mashups To Console You After Sunday's Finale --- Advertisers Paid As Much As $400,000 For A 30-Second Ad On Sunday's 'Breaking Bad' Finale
(DBN)

Assistant District Attorney: I Feel Bad About Watching 'Breaking Bad'
(DBN)

Mother and son arrested for strong-arm robbery spree
(DBN)

Man Barks at K-9 Officer at DUI Checkpoint, Gets Arrested
(DBN)

The Best Arrest Report of All Time
(DBN)

Rape victim’s lashes increased – because her lawyer publicized her barbaric sentence
(DBN)

Criminals Recruiting Members on Twitter
(DBN)

School Suspends Students For Playing With Airsoft Guns In Their Own Yard
(DBN)

Police Department Acquires Military Tank
(DBN)

Texas Store Owner Shoots and Kills Man Stealing Beer
(DBN)

Mom pushing baby in stroller beats attacker bloody with bike pump
(DBN)

______________

Judges:

Court to remain open — for now
(DBN)

Judge Allegedly Ejects Sikh Man From Courtroom Because He's Wearing A Turban, Orders Him To Remove 'That Rag'
(DBN)

A Young Superstar Makes Her Supreme Court Debut
(DBN)

Lobbyist who wrote book about Justice Scalia might need his help
(DBN)

Blocked nomination of first Black openly gay federal judge
(DBN)

Top 10 Cases on Supreme Court Docket for 2013-2014 Term
(DBN)

______________

Wall Street:

Stock futures sink on shutdown, Italy, China fears
(DBN)

Markets Are Crumbling All Around The World As Government Shutdown Gets Close
(DBN)

US stocks drop as fiscal impasse frays nerves; Dow down 0.46%
(DBN)

______________

Layoffs:

Long-term unemployment is a catastrophe
(DBN)

Siemens CEO Kaeser Cuts 15,000 Jobs to Catch Up With GE, ABB
(DBN)

47% of jobs at risk of being automated in next 20 years
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Hollywood:

Former Rhythm & Hues Employees Reach Settlement
(DBN)

____________

Television:

CSN Houston faces ‘total gridlock;’ Comcast/NBC wants bankruptcy trustee to oversee troubled network --- Involuntary bankruptcy petition --- CSN Houston bankruptcy filing surprises Astros --- Astros release statement --- Astros accusing Comcast of filing improper bankruptcy --- CSN Houston claims bankruptcy to avoid being terminated: And the enraged Astros cry foul --- Bankruptcy could promote more unrest among partners, attorney says
(DBN)

____________

Telecoms:

Hawaiian Telcom HoldCo Inc (HCOM): Hawaiian Telcom Is An Undervalued Post-bankruptcy Telecom
(DBN)

Shareholders Sue Charlie Ergen, Dish Directors
(DBN)

Blackberry Lost $965M in 2Q
(DBN)

The Rise & Fall of Blackberry
(DBN)

BlackBerry Desperate Breakup Fee Seen Deterring Buyers
(DBN)

____________

Alternative Energy:

The end for dish-Stirling CSP technology? Infinia files for bankruptcy
(DBN)

____________

Furniture:

Bankruptcy court trustee files objection over Furniture Brands breakup fee
(DBN)

____________

Finance:

Make-Whole Premiums Get to "Pass Go" in Bankruptcy Court
(DBN)

____________

Video Games:

38 Studios video game headed to auction block
(DBN)

____________

Lehman:

Lehman Brothers' U.K. Unit Pays Creditors $7.8 Billion
(DBN)

____________

Financial Literacy:

Students Become Authors by Writing Book on Defunct Paper Mill
(DBN)

Financial Literacy in Crisis
(DBN)

____________

Autos:

Chrysler IPO turns into game of chicken
(DBN)

Old GM Cuts Nova Scotia Debt Claims to $1.55 Billion
(DBN)

GM U.S. Dealer Profit Surges to 9 in 10 Validating Cuts
(DBN)

___________

Economy:

A Fed love story: Janet Yellen meets her match --- Yellen Probably Will Be Fed Chair, Senate Democrat Says --- Janet Yellen record gives pointer to Fed policy if Obama picks her as chair
(DBN)

Consumer spending increased 0.3 percent in August as income grew
(DBN)

The State Of The Big 4 Recession Indicators
(DBN)

Our Economic Recovery Just an Illusion
(DBN)

Billionaire's Solution to Income Inequality
(DBN)

Edwards: Fed Uses Housing to Cover Inequality
(DBN)

There's Still An Incredible Lack Of Inflation In The World
(DBN)

Food Stamp Cuts are Dumb
(DBN)

Look At What A Government Shutdown Affects, And You'll See Why It Could Last A Long Time --- This weird law dictates how government shutdowns work --- If Congress Fails to Pass a Funding Bill, Can Obama Defy a Shutdown? --- Regulators Set Plans for Government Shutdown --- Factbox: What would happen if the US government shuts down? --- House stands firm against Obamacare, Senate won’t budge --- ‘Chances of a Government Shutdown at 99.9%’ --- The House Majority Whip Just About Guaranteed A Government Shutdown --- How Obama can win the debt standoff in 3 steps --- 25 in GOP Buck Cruz on Gov't Shutdown --- CEOs Try to Take on Gov't Shutdown --- CEOs literally can’t believe they have to deal with the debt limit again --- ‘Shame on us’: How businesses brought the debt limit mess onto themselves --- Fools and Fixers
(DBN)

GOP States Have More Government Jobs
(DBN)

Not Raising The Debt Ceiling Is Either A Crisis Or A Historical Calamity --- Assessing the Real Risk of a U.S. Debt Default
(DBN)

Q3 Review: Ten Economic Questions for 2013
(DBN)

Blackstone Warns Of 'Epic Credit Bubble'
(DBN)

MAP: The Countries That Collect The Most And Least In Taxes
(DBN)

Gasoline Prices down 35 cents per gallon year-over-year
(DBN)

No, the Fall of Lehman Didn’t Cause the Financial Crisis
(DBN)

Hedonism Makes Comeback as Monaco Pitches Post-Crisis Yachts
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

Forceful mayor's drastic plan to stop foreclosures
(DBN)

Property Transfers: What Goes On In Probate Court Stays In Probate Court – Wrong
(DBN)

Freddie Mac: Mortgage Serious Delinquency rate declined in August, Lowest since April 2009
(DBN)

Trustee named for Tacoma developers Price and Um
(DBN)

Former Eastgate Mall to become solar farm
(DBN)

Invasion of Skunks Stinks Up Manhattan Neighborhoods
(DBN)

____________

Municipalities:

Westbrook Says Detroit Bankruptcy May Set Precedent
(DBN)

Following Chapter 9 Plan, Monoline Insurer Must Continue to Make Payments on Old Bonds
(DBN)

Detroit Bankruptcy Court Refuses Stay of Chapter 9 Eligibility Hearing Under Stern v. Marshall
(DBN)

A Proposal to Freeze Pensions in Detroit --- Detroit pension proposal would shut out new hires --- Pension freeze painful, necessary --- Proposal would push workers, retirees into 401(k) plan
(DBN)

Detroit Union Motion May Revive '13th' Pension Check Policy
(DBN)

Criminal Probe As Former Board Trustees Defend Giving Away $2 Billion Of Pension Money Over 20 Years
(DBN)

$300 million strategy unveiled to help Detroit --- Feds Sending Bankrupt Detroit $320M Aid Package --- Video: EM Orr and Mayor Bing discuss $300 million aid package --- Cash Infusion Won't Dent Debt --- White House to help bankrupt Detroit demolish buildings, hire firefighters
(DBN)

Roundtable: Building momentum in bankruptcy
(DBN)

Detroit's bankruptcy : Broke city, broken management
(DBN)

Detroit Bankrupt News: How's It Going For the Motor City?
(DBN)

Consultants' contracts soar to more than $62 million for Detroit --- Bankruptcy Consultants' Billing Meters Keep Spinning And Spinning ...
(DBN)

Treasury Official Named Lead on Detroit Bankruptcy
(DBN)

Lessons from Detroit bankruptcy
(DBN)

With A Little Creative Thinking, Detroit Can Again Thrive
(DBN)

Undisclosed Bankruptcy Contracts Sidestep Openness Pledge
(DBN)

Finley: 'Art from The DIA Is Going To Be Taken'
(DBN)

If Detroit Tunnel Goes on the Block, Windsor Wants It
(DBN)

Oakland County, Mich., Opts For Private Placement In Wake of Detroit's Bankruptcy
(DBN)

The Murky Muni Market in the Post-Detroit Bankruptcy Era
(DBN)

Stockton unveils its Chapter 9 exit plan --- Plan Favors Retirees Over Creditors --- Stockton Bankruptcy Plan Would Pay Pensions, Cut Bond Debt --- Stockton says has outlines of pension bond settlement --- CalPERS payments unaffected --- The Plan
(DBN)

Bankrupt Stockton, California says has deals with key creditors
(DBN)

McNerney: White House ignoring Stockton's struggle
(DBN)

Life in Puerto Rico becomes costlier amid crisis
(DBN)

The States With The Highest Percentage Of Native-Born Residents
(DBN)

____________

Fraud:

Law Firms Fight For Share Of $6 Million In Rothstein Fees
(DBN)

New Rothstein Ponzi cash released: See who gets paid - Database
(DBN)

CFTC alleges $42 million ethanol futures fraud against bank
(DBN)

SEC, billionaire Mark Cuban set for insider trading trial
(DBN)

Bank of America fraud trial spotlights whistleblower awards
(DBN)

Madoff's Longtime Accountant Is in the Soup --- Deadline Approaching, U.S. Is Weighing More Charges in Madoff Case
(DBN)

SEC Freezes $800 Million Ponzi Scam
(DBN)

Joseph Nacchio: ‘It’s Life on Mars’
(DBN)

____________

Health Care:

Obamacare Wouldn't Have Helped Breaking Bad's Walter White Get Cancer Treatment
(DBN)

States Across The South Ignore, Resist Health Care Exchanges
(DBN)

Here's What The Average American Man Looks Like Compared To Other Countries
(DBN)

____________

Coal:

Benefits suit dismissed against Arch, Peabody
(DBN
)

Patriot subsidiaries file for bankruptcy
(DBN)

____________

Gambling:

Interim CEO Hartmann leaving position at Revel in Atlantic City
(DBN)

____________

Tax:

US, Panama in talks on tax evasion pact:Treasury
(DBN)

____________

Banking:

Unofficial Problem Bank list declines to 690 Institutions
(DBN)

The JP Morgan apologists of CNBC
(DBN)

Investor Says Sterling Bank Execs Rolled Him
(DBN)

JPMorgan, Citigroup Lose Bid to Throw Out FDIC Lawsuit
(DBN)

____________

Politics:

Populist Left Makes Warren Its Hot Ticket
(DBN)

____________

Distressed Investing:

Banker Alan Levan is Un-Distressed
(DBN)

Playing in the Distressed Field
(DBN)

____________

Student Debt:

Elizabeth Warren Calls For Big Changes To Student Loans
(DBN)

____________

Education:

Judge OKs $101,000 in legal expenses for Silver State Helicopters
(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 (74 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (98 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)

______________

Chapter 12:

Oregon Court Approves Cram-Down Provisions of Tree Farmer’s Plan of Reorganization
(DBN)

____________

Ipso Facto:

Virginia Court Holds State LLC Law Constitutes Invalid Ipso Facto Clause
(DBN)

____________

Avoidance Actions:

In re Tribune: Defendants Successfully Challenge Individual Creditors Standing But District Court Rules that Section 546(e) Safe Harbor Does Not Bar Individual Creditors' State Law Based Constructive Fraudulent Conveyance Claims
(DBN)

Pirinate Consulting, Trustee in NewPage Bankruptcy, Files Preference Actions
(DBN)

____________

SPEs:

No More Separation Anxiety – Court Confirms Operational Separateness of Bankruptcy Remote Entity
(DBN)

____________

Preemption:

Is Federal Preemption Assignable?
(DBN)

____________

Insurance:

What to Watch in the World of D&O
(DBN)

____________

Litigation:

Panic Panacea: Bring E-Discovery Inside Your Law Firm
(DBN)

____________

Opera:

New York City Opera Facing Bankruptcy On Monday --- Final Day for NYC Opera to Raise Funds; $2 Million of $7 Million --- Fundraising nowhere near enough --- Opera Takes What Is Expected to Be a Final Bow --- Drama Behind City Opera --- Desperate New York City Opera Seeking Money From Famous Scam Artist --- The Demise of the New York City Opera: 'Do You Think the Fat Lady Has Really Sung?'
(DBN)

____________

Food/Beverage:

Bankruptcy judge approves sale of 43 Belle Foods stores to AWG
(DBN)

See How Much Caffeine Is In Coffee From Your Favorite Chains
(DBN)

____________

Newspapers:

GateHouse Media files for Chapter 11 in Delaware --- In bankruptcy , but GateHouse holdings to grow --- GateHouse Files for Bankruptcy as Part of Fortress Plan
(DBN)

____________

Retailing:

Should J.C. Penney Take a Tip From American Airlines?
(DBN)

____________

Celebs:

The Broke and the Beautiful: Diamond in the Rough Edition
(DBN)

Victoria's Secret Model Sued For Allegedly Trashing Her New York Apartment
(DBN)

Law firm sues the Four Tops, claiming unpaid legal fees
(DBN)

Teresa and Joe Giudice Break Their Silence!
(DBN)

____________

Apparel:

How Converse went from bankruptcy to a $1.4 billion business
(DBN)

____________

Religion:

The Richmond Christian Center has filed Chapter 11 bankruptcy --- Bankruptcy buys time
(DBN)

____________

Mass Torts:

BP Battles for Billions in New Gulf Trial Phase --- Federal trial over Gulf oil spill to resume
(DBN)

____________

Aviation:

U.S. Rebuffs Data Request from AMR, US Airways
(DBN)

SpiceJet falls as auditor warns over net worth
(DBN)

____________

Ships:

As Chinese take business disputes abroad, ships caught in legal web
(DBN)

____________

Sovereigns:

Don't Cry for Me Argentine Bondholders: Avoiding Supreme (Court) Confusion
(DBN)

Argentina Bonds Extend Slide as Investors Bank Recent Gains --- Argentina Bonds Rally Despite Risk
(DBN)

____________

UK:

Duncan James declared bankrupt
(DBN)

The Cunning Plot of the Rt. Honorable Saboteur
(DBN)

Construction insolvencies continue to fall
(DBN)

London leads falling insolvency levels
(DBN)

Insolvency hits 12-month low as firms thrive
(DBN)

____________

EU:

Euro zone current account surplus puts Germany in dock
(DBN)

EU bank bailout roulette awaits Monte dei Paschi investors
(DBN)

Europe’s jobless rate at record seen resisting recovery for now
(DBN)

____________

PIIGS:

ie: Banks use the least best option on mortgage arrears - Main solution being offered to distressed borrowers involves repossession --- Many debtors too poor for insolvency --- Tom McFeeley was flush with cash: now we have to pay --- Gathering fails to halt flow of insolvencies in hospitality sector
(DBN)

Greek authorities arrest neo-Nazi party leaders --- Troika leaves Greece to complete prior actions and 2104 budget ahead of loan release --- Troika Announces Pause in Aid Discussions With Greece
(DBN)

When Hope Fails: Why Italian Banks Better Be Praying Draghi Can Still Do "Whatever It Takes" --- Italian bond futures dive on election risk
(DBN)

____________

China:

China Manufacturing Growth Slower Than Expected
(DBN)

____________

MENA:

Bahrain's Arcapita eyes new investments after first Gulf Chapter 11 --- Arcapita Redux: Same Name, New Investment Plans
(DBN)

____________

New Zealand:

Bankruptcy fails to rein in Terry Serepisos
(DBN)

Court backs bankrupt's right to occupy business premises
(DBN)

___________

Australia:

Government wins battle for bankrupt Clem7 tunnel
(DBN)

____________

Brazil:

Brazil OGX, OSX to file for bankruptcy protection - report --- OGX Upheaval Portends Deeper Bond Loss for Pimco
(DBN)

Has Brazil Blown It?
(DBN)

____________

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