September 9, 2013

The Daily Bankruptcy News

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Law:

Layoff Watch: The Cutting Continues
(DBN)

Dewey and AMR Bankruptcies Collide in Fee Dispute
(DBN)

Legal Services Sector Adds 2,700 Jobs in August
(DBN)

Third-Year Class Wish List: Sesame Street And The Law
(DBN)

Third-Year Class Wish List: Sesame Street And The Law
(DBN)

Law Student Sues School For Making Him Retake a Class He Failed
(DBN)

How Long Does It Take A Law Student To Buy A Suit?
(DBN)

69% of Law Students Retained Their Conditional Merit Scholarships
(DBN)

Thinking Like a Lawyer, Designing Like an Architect
(DBN)

How A 'Punk' Bank Robber Became A Hugely Successful Law Student
(DBN)

First-Year-Associate Pay Is Flat But N.J. Firms Stay Competitive
(DBN)

Law Firm Arnall Golden Gregory Closes Miami Shop
(DBN)

Global Finance Deal of the Year, Public Restructuring: Greece's Debt Restructuring
(DBN)

SEC Attorney Lowers the Boom on the Agency
(DBN)

Harvard Business School's Experiment To Improve Gender Equality
(DBN)

The NSA Can Reportedly Access Most Smartphone Data --- The NSA Never Takes 'No' For An Answer
(DBN)

Is the Depiction of Law & Order on ‘Law & Order’ Influencing Jurors? --- Lawyer: TV Show Taints Cases
(DBN)

Driving Around Manhattan In 24 Minutes
(DBN)

How I Got Through 25 Years In Federal Prison
(DBN)

Mom Released After 2 Decades On Death Row
(DBN)

Suspension, Probation For Upskirt Invasions Of Privacy
(DBN)

Girlfriend, 69, found guilty of murder in slaying of lawyer, 79, and sentenced to life
(DBN)

Crime labs under the microscope after a string of shoddy, suspect and fraudulent results
(DBN)

Arkansas SWAT Team Kills 107 Year Old Man
(DBN)

Zimmerman's Wife: He's Selfish
(DBN)

Roadkill Now Legal
(DBN)

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Judges:

Top state court tells judge to cancel hearing on 30-day term for ex-teacher who admitted teen rape
(DBN)

Suspended judge is sentenced for contempt and ordered to undergo competency exam
(DBN)

Crime against fashion: judge locks up man for wearing fleece and tracksuit bottoms to court
(DBN)

To Boldly Go Where Few Judges Have Gone Before: How the Bench is Using a Pop-Culture Sci-Fi Classic to Explain its Decisions
(DBN)

Warren assails Supreme Court as too far right
(DBN)

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Wall Street:

US stock futures adopt upbeat tone
(DBN)

Stocks close mixed after volatile session
(DBN)

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Layoffs:

It's Clear That The US Job Market Is Dead In The Water
(DBN)

Labor Force Participation at 35 Year Low
(DBN)

The State Of American Jobs In 18 Charts
(DBN)

The Old Are Working, but Not the Young
(DBN)

Tepid Jobs Report Muddies Fed Plans
(DBN)

Fired MF Global Workers To Appeal Dismissal Of Lawsuit
(DBN)

Why The Fed Will Reduce QE Even Though The Job Market Sucks
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Celebs:

Are Martha Stewart and JC Penney Breaking Up?
(DBN)

Ex-Miami Dolphin Kenny Mixon Emerges From Bankruptcy With $18.51!
(DBN)

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Hotels:

Trenton hotel bankruptcy, sale plans follow more revelations about mounting costs
(DBN)

Grand Station Hotel bankruptcy headed to trial
(DBN)

Hotel Internet Provider iBAHN Files for Chapter 11 Bankruptcy
(DBN)

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Coal:

Job numbers hit two-year low after Patriot closes mines
(DBN)

Patriot Coal files bankruptcy reorganization plan
(DBN)

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Banking:

Banks bidding for Metropolitan
(DBN)

Arvest, Simmons seek marketshare with Metropolitan deal
(DBN)

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Education:

Possible Buyer Comes Forward for Morris Brown
(DBN)

Teachers fight for paychecks at Derrick Thomas' bankruptcy hearing
(DBN)

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Bankruptcy Crimes:

Bankruptcy fraud, jury tampering result in jail, fines
(DBN)

Woman sentenced for not revealing money for Mercedes to bankruptcy court
(DBN)

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Gambling:

Florida Gaming Corporation Obtains Order Establishing Procedures for Trading in Common Stock
(DBN)

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Retailing:

J.C. Penney's Dilemma: To File or Not File
(DBN)

Luxury retailer Neiman Marcus could be sold in $6B deal
(DBN)

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Money Market:

Settlement reached in Reserve Primary Fund lawsuit
(DBN)

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Consumer Finance:

Follow the Money: Payday Laundry Edition
(DBN)

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Electricity:

Energy Future Holdings, Texas Competitive CDS show severe stress
(DBN)

Edison Mission Demands Parent's Cooperation in Probe
(DBN)

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Economy:

Payrolls in U.S. Rise Less Than Forecast; Jobless 7.3% --- This Was a Very Bad Jobs Report
(DBN)

World Leaders Want Firms to Pay More Taxes
(DBN)

America's Car Recovery Explains Economy
(DBN)

Donald Kohn Speaks About Fed Taper
(DBN)

How Syria Makes It Less Likely That Larry Summers Will Be Fed Chair
(DBN)

Credit Suisse: It'll Take Missile Strikes On Syria During The FOMC Meeting For The Fed To Delay The Taper
(DBN)

The Federal Reserve Has A Demographics Problem — An Aging Society Is Making Monetary Policy Less Effective
(DBN)

Timeline on the Great Recession
(DBN)

Investors Think Central Banks Will Fail
(DBN)

Five years after Lehman, all tickety-boo?
(DBN)

How Ethnic Groups Are Divided Across America
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Left with nothing - Homeowners lose hundreds of thousands of dollars in equity over hundreds of dollars in tax liens.
(DBN)

DC tax liens lead to hundreds of home foreclosures --- Where tax lien foreclosures occur in the District
(DBN)

Five Years Later, Fannie Mae, Freddie Mac Remain Unfinished Business
(DBN)

Loss Mitigation Program: Sooner Or Later a Court May Lose Patience With a Dilatory Mortgagee
(DBN)

A Goldman Exec Bought The Only Freestanding Mansion In Manhattan For $14 Million
(DBN)

Wife breaks down in court as lawyer gets over 7 years in $30M mortgage fraud case
(DBN)

Bidder buys 1-foot-wide strip of Napeague land for $120,000
(DBN)

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Corporate Reform:

Inside the End of the U.S. Bid to Punish Lehman Executives
(DBN)

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Municipalities:

Detroit defends constitutionality of bankruptcy protection
(DBN)

NAACP asks judge to clear way for lawsuit protesting EM law
(DBN)

Detroit State Court Seeks Involvement in City Bankruptcy
(DBN)

Orr vows Detroit residents will soon see better city services
(DBN)

Detroit files response to bankruptcy objections
(DBN)

Report: $1 billion in bonus payments helped deplete Detroit pension funds --- Misspent retirement funds 'robbed' Detroit's General pension
(DBN)

Bankruptcy developments: Detroit files 135-page Chapter 9 justification and report says pension funds were misspent
(DBN)

Detroiters discuss consequences of bankruptcy at Conyers forum --- Crowd expresses anger over Detroit's bankruptcy at forum
(DBN)

Next move in Detroit bankruptcy happens Wednesday
(DBN)

Gov. Rick Snyder to journalists: Detroit's bankruptcy is a positive
(DBN)

The City Strikes Back: Legal Papers Argue Bankruptcy Was The Only Option
(DBN)

Detroit had no choice but bankruptcy , city says in response to creditors
(DBN)

Krystal Crittendon aids others in bankruptcy challenge
(DBN)

Three Signs Of The Havoc The Bankruptcy Process Is Wreaking On Detroit
(DBN)

Snyder, Dillon Subpoenaed In Detroit's Bankruptcy
(DBN)

Chongqing mayor full of advice for Michigan Gov. Rick Snyder on boosting economy
(DBN)

The truth about Detroit: Rush Limbaugh's top Detroit distortions
(DBN)

Detroit's vow to pay trade creditors follows bankruptcy precedents
(DBN)

Stockton: Pension fight is on
(DBN)

Stockton: What it's like living in a bankrupt city
(DBN)

Stockton: Ports balk at records request
(DBN)

The Story Of The DIA: 128 Years Of Fortune And Crisis
(DBN)

Detroit brings default risk front and center
(DBN)

Will interest rates delay JeffCo's plan to exit bankruptcy by end of 2013? --- How troubled Jeffco could miss its deadline to exit bankruptcy by end of year
(DBN)

A sense of civic frustration in beleaguered San Bernardino
(DBN)

Charleston, W. Va., fights to avoid Detroit-like bankruptcy
(DBN)

The Best City In The World
(DBN)

What's The Worst Thing That Could Happen In Your State?
(DBN)

NJ Poverty Hits 52 Year High
(DBN)

Rout Opens Opportunity for Investors Seeking Yield
(DBN)

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Alternative Energy:

Ohio Attorney General files lawsuits against defunct Perrysburg solar company
(DBN)

The Solar Revolution Is For Real
(DBN)

____________

Brokers:

Peregrine Founder Wasendorf Will Face Questions From Son
(DBN)

____________

Tax:

Tax Evaders Are Smuggling Money Out Of Switzerland In Their Underwear
(DBN)

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Fraud:

Firms Sweat Liability - Chadbourne, Proskauer deny sharing blame in $7 billion Stanford scheme
(DBN)

Prominent Doctor Said to Be Tied to Insider Trading Case at SAC
(DBN)

____________

Student Debt:

Taxpayers Should Worry When JPMorgan Gets Crowded Out Of The Student Loan Business
(DBN)

____________

Autos:

Ford's Alan Mulally denies reports of early exit, to stay through 2014
(DBN)

S&P Approval of GM, Ford Reflects Industry Recovery
(DBN)

South Bend company taking over defunct Mich. van maker --- Energy Department loses $42M on loan to defunct Michigan company that made vans for disabled
(DBN)

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Imaging:

Post- bankruptcy Kodak cause for guarded optimism
(DBN)

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New Bankruptcy Opinions
(5 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (26 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (65 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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Jurisdiction:

Seventh Circuit sides with Sixth Circuit in Stern Split
(DBN)

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Professional Compensation:

Michigan District Court Rejects Blanket Fee Reduction, Requires Specific Explanation of Fee Awards and Reductions
(DBN)

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Avoidance Actions:

Limitation Period for Trustee Avoidance Action Expanded?
(DBN)

Third Circuit Finds That Pennsylvania’S Fraudulent Transfer Statute Allows Punitive Damage Awards
(DBN)

Litigation Trustee Starts Mass NewPage Corporation Bankruptcy Preference Adversary Proceedings
(DBN)

____________

Mass Torts:

Possible Fraud By Lawyers Cited in Deepwater Horizon Oil-Spill Fund
(DBN)

BP Spill Claims Administrator Cleared in Ethics Probe
(DBN)

____________

Health Care:

Fairbanks behavioral center to file bankruptcy , reorganize
(DBN)

Obamacare Insurance Costs Affordable, Kaiser Survey Finds
(DBN)

90% of Large Employers to Keep Health Care
(DBN)

IBM to transfer US retirees to healthcare exchanges next year
(DBN)

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Food/Beverage:

Why the Tax Man Might Help Abolish Automatic Tipping
(DBN)

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Sporting Goods:

N.J.'s Prince aims to bounce back into tennis players' hearts, hands after bankruptcy
(DBN)

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Rail:

Railroad seeks financing for 2-person crews
(DBN)

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Religion:

Bankruptcy looming for Stockton diocese --- Sex Abuse Lawsuit Settlements Could Bankrupt Diocese of Stockton
(DBN)

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Museums:

Va. slavery museum pondering options to stop sale
(DBN)

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Agriculture:

Sale of Madonia farming empire approved by bankruptcy court
(DBN)

___________

Non-Profits:

Will This Dance Group’s Fast Footwork in the Face of Bankruptcy Be Sufficient?
(DBN)

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Pensions:

Pensions Are Still Making Ludicrous Assumptions About Future Returns
(DBN)

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Sovereigns:

Judge could lift debt ruling stay, pushing Argentina toward a destabilizing default
(DBN)

A victory for vultures on Argentinian debt
(DBN)

Argentina before the NY appeals court hoping ‘vulture’ funds litigation extends into 2014/15
(DBN)

Argentina Exchange Bondholders Seek Rehearing in Appeal Case
(DBN)

____________

UK:

The Scottish Professional Football League new insolvency rules
(DBN)

Trek builder boldly goes bankrupt
(DBN)

Deloitte hit with record-breaking £14m MG Rover fine
(DBN)

____________

EU:

Eurozone Investor Sentiment Explodes
(DBN)

____________

PIIGS:

Monte Paschi Wins Backing From EU's Almunia for Aid Plan
(DBN)

ie: New insolvency office faces flood of applications --- 4500 people contact Insolvency Service before opening --- Fears raised over personal insolvency fees --- We can finally turn the tables and say 'no' to lenders --- Debt deals could be more trouble than they're worth --- Jillian hopes to be among first to 'wipe slate clean' --- Yates shaken by public ire after return from exile --- Insolvency official highlights spouses --- Spouse of bankrupts must buy share to secure home --- Irish seek new EU credit line to ease bailout exit
(DBN)

Greek premier promises recovery from 2014
(DBN)

____________

China:

China's Huge Wealth Gap
(DBN)

Benign inflation adds to sense Chinese economy is recovering
(DBN)

Chinese Zombies Emerging After Years of Solar Subsidies
(DBN)

____________

Slovenia:

Slovenia Liquidates Two Banks to Stave Off Cyprus Fate
(DBN)

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MENA:

Calls for a new bankruptcy law are getting louder
(DBN)

US Strikes on Syria Will be Limited
(DBN)

Obama Sets Tuesday for Big Speech on Syria
(DBN)

____________

Norway:

Norway Has More Money Than It Knows What To Do With
(DBN)

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