April 7, 2014

The Daily Bankruptcy News

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Law:

The Puzzle in the Dewey & LeBoeuf Indictments
(DBN)

A Dewey Plea That May Yield More Than Anyone Expected
(DBN)

What’s Going On With Law Firm Benefits?
(DBN)

Business of Law
(DBN)

Study: Lawyers Are 3.6 Times More Prone to Depression
(DBN)

March 2014: Legal adds 700 jobs
(DBN)

Unbundling Outside Counsel Transactional Legal Services
(DBN)

Prominent Miami lawyer close to regaining license
(DBN)

California Attorney General Kamala Harris engaged to L.A. attorney
(DBN)

Erie judge weighs sanctions for bankruptcy lawyer
(DBN)

Lawyers’ definitions of virtual practice vary, but not when it comes to finding success
(DBN)

Top Tampa lawyer Barry Cohen owes $35 million in loans
(DBN)

Attorney Russell Adler pleads guilty to violating campaign finance laws
(DBN)

ATL March Madness: The Worst Law School In America — Finals
(DBN)

National Lawyers Job Loss Day: Stand tall in poverty, disappointment, lostness
(DBN)

Four Entrepreneurial Disciplines Necessary For Success
(DBN)

What’s It Like To Date A Lawyer?
(DBN)

Seven Skills Attorneys Have That The Rest Of The World Would Die For
(DBN)

How To Make Your iPhone's Battery Last Longer
(DBN)

Top Laptop Computers for Lawyers
(DBN)

Fort Hood Shooting: 'Escalating Argument' Preceded Attack --- Fort Hood Shooting May Have Been Over Paperwork
(DBN)

911 Operator Saves Father's Life Her First Day On The Job
(DBN)

Things That iPhone Users Say That Drive Android Users Crazy
(DBN)

Nine-month-old boy accused of murder
(DBN)

What Ku Klux Klan Gatherings Are Like Today
(DBN)

Depth of federal arms race should surprise, shock citizenry
(DBN)

Teacher Engages In Wild Fistfight With Student After Trying To Confiscate Bag Of Pot
(DBN)

Student Tells Principal He's Disappointed In Him, Gets Arrested
(DBN)

Lawyer Jailed After Protesting Jury Service in Email to Judge
(DBN)

Priorities in Legal Education and an Odd Analogy to Tennis Players' Arms
(DBN)

Nail-gun suicide CEO changed $1M life insurance beneficiary to wife
(DBN)

Benefited by $30B in annual cellphone sales, industry opposes anti-theft measures, columnist says
(DBN)

Incredibly Awkward Teacher Prank Is an April Fools Blessing
(DBN)

Motorist Suing Astrophysicist Over Big Bang
(DBN)

You Are What You Wear
(DBN)

The Most Ridiculous Laws In Every State
(DBN)

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Judges:

Applicants sought for bankruptcy judge in Milwaukee
(DBN)

Obama Picks up Pace on Judicial Picks, Tally Surpasses George W. Bush’s
(DBN)

Judge: After reading my blog, two people wrote to express the hope that I would die soon of my cancer
(DBN)

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Wall Street:

 

World stocks slip from six-year high --- Everything's Going Down
(DBN)

Momentum stocks sink; Nasdaq posts worst day since February
(DBN)

If You Want To Understand Why The NASDAQ Is Tanking, Just Look At Egypt
(DBN)

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Layoffs:

States Lose $5 Billion in Jobless Aid
(DBN)

Millions of Americans Forced to Work Part Time
(DBN)

Interview Questions You Should Never Answer
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Autos:

Victim-Compensation Dilemma Hangs Over GM --- Will General Motors Company Dare Play Its Get-Out-of-Jail-Free Card?
(DBN)

Can GM afford compensating victims for its malfunctioning cars?
(DBN)

Judge needs more time on GM recalled cars request
(DBN)

GM Investors Unshaken as Recall Cuts $3 Billion in Value
(DBN)

Firm Establishes Tip Line Seeking Information from Former GM and Delphi Employees Regarding Vehicle Recall
(DBN)

Auto Industry Task Force: Nobody Told Us About Those Switches!
(DBN)

GM In-House Lawyers Pulled Into Ignition Switch Probe
(DBN)

In Defense of 'Old General Motors'
(DBN)

GM recall repairs start Monday
(DBN)

Sen. Claire McCaskill: 'Moment of Truth' for General Motors
(DBN)

Lawmakers accuse GM of cover-up
(DBN)

GM ignition switch case could lead to criminal charges: Senator --- Angry families want GM prosecuted for defects
(DBN)

GM files 200,000 pages of documents about recall to safety agency
(DBN)

GM Dealers Turn Therapists for Anxious Recall Customers
(DBN)

Year of hope, promise veers badly off course for GM
(DBN)

GM CEO Mary Barra's Testimony Before Congress Mocked In 'SNL'
(DBN)

Cerberus linked to Quayle and failed punt on Chrysler
(DBN)

____________

Politics:

Jim Moran Says Congress Is Underpaid
(DBN)

____________

Apparel:

Objection filed in Hardwick sale
(DBN)

____________

Banking:

Five years later, victims in New Frontier Bank failure have moved on
(DBN)

Deadline nears for First Mariner Bank bids
(DBN)

____________

Alternative Energy:

Much-Maligned Government Auto Loan Program To Target Suppliers
(DBN)

Creditor seeks bankruptcy steps for China bond default solar firm
(DBN)

Bankruptcy Sale Process Wraps Up for Hawaii Based Macadamia Nut Shell Powered Plant
(DBN)

Sunways on brink as search for investment stalls
(DBN)

____________

Food/Beverage:

Chinese investors in failed SD beef plant may be biggest losers
(DBN)

Next up for disruption: The grocery business
(DBN)

____________

Bankruptcy Crimes:

John Bujak will represent himself
(DBN)

Whitwell Man Goes to Prison for Lying in Bankruptcy Case
(DBN)

____________

Gambling:

Casino Debtor Wants To Hire Cozen To Get Its Slots License Fee Money Back From State
(DBN)

Another group of Caesars Entertainment Corp. lenders, bondholders wants details of company affiliate
(DBN)

____________

Environmental:

Understanding Anadarko Petroleum's $5 billion toxic cleanup settlement
(DBN)

____________

Silicone:

Momentive in Waterford may file for Chapter 11 bankruptcy
(DBN)

____________

Economy:

Brace yourself for ugly corporate earnings
(DBN)

Employers add 192,000 jobs in March --- Few Good Jobs Created
(DBN)

March jobs report: Private sector jobs finally back to 2008 peak, but...
(DBN)

This is a Job Recovery for the 1%
(DBN)

How The Global Wealthy Are Doing Better Than Everyone Else
(DBN)

Most U.S. Jobs Pay Under $20 an Hour
(DBN)

The State Of The Big Four Recession Indicators
(DBN)

Why Jeremy Stein’s Departure Is Important
(DBN)

More Wall Street Economists Now Expect The Fed To Hike Rates By 2015
(DBN)

How The US Population Changed In Just 6 Years
(DBN)

Here's What Job Creation Looked Like Under The Last 6 Presidents
(DBN)

The Difference In Career Prospects Between People Who Did And Didn't Go To College
(DBN)

Millenials hit hard; elder Americans recoup wealth
(DBN)

Americans Are On The Move, But In The Wrong Direction
(DBN)

The Staggering Statistic Threatening Your Retirement
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

The Abandoned Homes of the Great Plains
(DBN)

Survey: 55% of San Diego Homes for Sale Are Unaffordable --- Zillow: South Florida homes affordable, but many listings out of reach --- Report sees housing bubble echoes in Southern California
(DBN)

___________

Municipalities:

In her words: Detroit retiree gives her side
(DBN)

Detroit bankruptcy judge sets swaps ruling for April 11
(DBN)

Detroit in fight for diverted tax funds
(DBN)

Detroit's fast track to private water risks high rates, bad service, experts say --- What we'd lose by privatizing Detroit water --- Suburbs up the ante in Detroit water fight
(DBN)

Dave Bing looks ahead to better days for Detroit
(DBN)

Financial emergency declared in Lincoln Park
(DBN)

Steve Reed says he knows nothing of grand jury investigating his Harrisburg financial dealings
(DBN)

PA: Mayors lack good options for stemming fiscal slide
(DBN)

Chicago's pension fix: Pain now, or pay later
(DBN)

11 Fascinating Things About The History Of Manhattan
(DBN)

The Public Pensions Crisis in the U.S.
(DBN)

____________

Fraud:

Did Charles Keating Go to Jail for Nothing?
(DBN)

Mark Cuban Says SEC Plays Unfair With Evidence
(DBN)

Greenberg Fights Subpoena Seeking Clawback Money From Partner
(DBN)

____________

Healthcare:

Natchez Regional system is broken beyond repair
(DBN)

Owner of North Adams Reg. Hospital Files for Bankruptcy --- Court documents: Bankruptcy filing for North Adams Regional Hospital parent estimates assets up to $10 million, liabilities up to $50 million
(DBN)

Bankruptcy Attorney Appointed To Oversee NBH Assets
(DBN)

Scientist: Twenty simple signs to spot a psychopath
(DBN)

Medicaid enrollment jumps by 3 million
(DBN)

Stroke Victim Heard Doctors Talking About Donating His Organs
(DBN)

Republicans Expand Obamacare
(DBN)

____________

Mass Torts:

Garlock's asbestos fight spreading
(DBN)

Report: W.Va. spill co president 'bears no fault'
(DBN)

Be Glad That Corporate Liability Is Limited
(DBN)

____________

Aviation:

Military aviation charters hit economic turbulence
(DBN)

Mexico ends bid to revive Mexicana airline --- Mexicana de Aviacion declared bankrupt , sale of assets ordered
(DBN)

Etihad expected to seek Alitalia stake
(DBN)

AirAsia apologizes for “no missing plane” article
(DBN)

Black Box Found? --- More Ships Rush To Area In The Ocean Where The Black Box May Have Been Heard
(DBN)

___________

Hotels:

National Republic Bank's biggest borrower is a bankrupt Indianapolis hotel operator
(DBN)

____________

Electricity:

Everything's Bigger in Texas… Even Bankruptcy
(DBN)

Energy Future Recoveries Shrink for Some Creditors, S&P Says
(DBN)

____________

Celebs:

Lenny Dykstra Officials Re-Opening Investigation Into Fight With Cops --- Dykstra Says LA Deputies Whaled on Him
(DBN)

Boyband Blue allegedly $3000 in debt
(DBN)

Charles Barkley: ‘There’s nobody cheaper than Scottie Pippen and Michael Jordan’
(DBN)

Drake Bell opens up about money troubles
(DBN)

Janice Dickinson Plans to Pay off Plastic Surgery Debts
(DBN)

____________

Currency:

The Beauty of Bitcoin Bank Runs
(DBN)

Challenging Times Equal Suits and Air Travel for Bitcoin Foundation Lawyer
(DBN)

Bitcoin's Boosters Struggle to Shore Up Confidence
(DBN)

Fed Economist Explains Something About Bitcoin That Almost Nobody Understands
(DBN)

____________

Tax:

Lawsky Holds Credit Suisse in Crosshairs Over US Client Tax Probe
(DBN)

Caterpillar Likely to Face Closer IRS Scrutiny
(DBN)

IRS doles out $53M to whistle-blowers in 2013
(DBN)

The Next Offshore Tax Target: Cayman Islands
(DBN)

____________

Religion:

Atlanta Archbishop Selling $2.2 Million Mansion
(DBN)

Victims object to Archdiocese of Milwaukee's bankruptcy plan
(DBN)

____________

Shipping:

Shipper Genco reaches bankruptcy restructuring deal --- Genco Equity Shareholders To Be Virtually Wiped Out
(DBN)

Investors snap up shipping loans as global economy lifts trade prospects
(DBN)

____________

Pensions:

Furniture Brands reaches deal with federal agency on pension costs
(DBN)

____________

Television:

As TV Show Idles, Core in Need of Refinancing
(DBN)

____________

Mining:

North American Palladium Ltd: North American Palladium: Is It Really Possible To Avoid Bankruptcy?
(DBN)

____________

Environmental:

Feds Hope $5 Billion Settlement A Lesson For Polluters
(DBN)

____________

New Bankruptcy Opinions
(10 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (32 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)

______________

Bankruptcy Statistics:

More litigants acting as their own attorneys
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

______________

Avoidance Actions:

Fourth Circuit Emphasizes Subjective Prong of Good Faith Defense to Fraudulent Transfer Action
(DBN)

Anadarko Petroleum: Free At Last
(DBN)

Seventh Circuit Reads Bankruptcy Safe Harbor Broadly to Insulate Preferential Settlement Payment to Commodity Broker
(DBN)

Eighth Circuit strengthens preference defense
(DBN)

Kodak bankruptcy -related lawsuits streamlined
(DBN)

____________

Claims:

Proof Of Claim: Get Too Aggressive And Your Proof May Go Poof
(DBN)

No Blurred Lines Here, Confidential Means Confidential (Even if No Nuclear Launch Codes Are Involved)
(DBN)

____________

Exemptions:

Judge Permits Homestead Exemption to Shield Assets
(DBN)

____________

New: Take Our Bankruptcy Reform Issues Survey
(DBN)

Bankruptcy Bonuses:

Brookstone's Bankruptcy Bonuses
(DBN)

____________

Insurance:

BSA/AML Enforcement Trends and D&O Liability
(DBN)

____________

Retailing:

Brookstone Gets Court Approval of Bankruptcy Financing
(DBN)

Is Game Stop the next Blockbuster?
(DBN)

Sears launches a fast fashion Hail Mary
(DBN)

Making retailers liable for damages from hacking
(DBN)

____________

Telecoms:

Dish Chairman Ergen Sues Falcone Over Handling of LightSquared Bankruptcy --- Ergen seeks permission to sue Falcone for self-interest in LightSquared case
(DBN)

____________

Personal Finance:

10 Financial Rules To Live By
(DBN)

13 Habits Of Fit And Lean People
(DBN)

How To Be Happier At Work In Less Than 10 Minutes
(DBN)

The Ultimate Cheat Sheet For What You Should Do With All Of Your Money
(DBN)

___________

Disaster:

Mudslide Victims in Washington State Grapple With Debt Burden
(DBN)

____________

Oil/Gas:

Vantage appeals TMT sales
(DBN)

Judge OKs shares sales to pay down troubled TMT loan
(DBN)

____________

Public Transit:

New York's bikeshares system seeks cash infusion
(DBN)

____________

Opera:

San Diego: Opera board member donates million
(DBN)

____________

Sovereigns:

Bondholders don't get mad, they get even
(DBN)

Argentine GDP Warrants Drop After Capitanich Rules Out Payment
(DBN)

Argentina Faces Default as "Vulture Funds" Won't Give Up on Their Prey
(DBN)

____________

UK:

BoE's Haldane says funds can also be "too big to fail"
(DBN)

Turnround investor Moulton considers move for UK Coal assets
(DBN)

UK Coal’s insolvency could cost PPF £180m
(DBN)

UK scrambles to save bank emergency lending programme
(DBN)

Kaupthing creditors fear Investec intends to walk away from £150m debt
(DBN)

Punch Taverns to request waivers
(DBN)

____________

EU:

The Euro Zone Economy Is Feeling Frost In The Spring
(DBN)

New approach to business failure and insolvency
(DBN)

U.S. Firms Fill Lending Gap in Europe
(DBN)

Was the Cyprus bail-in fair?
(DBN)

Anger simmers in Cyprus despite bailout ‘success’
(DBN)

The real reasons why Draghi flirts with QE
(DBN)

____________

PIIGS:

Cerberus buys £4.5bn Northern Irish loans from Ireland's NAMA --- Bank shelves multiple debt scheme --- ECB raises serious concerns about Anglo deal --- Ireland’s ‘growthless jobs’ recovery proves perplexing for Central Bank
(DBN)

Ittierre Might Avoid Bankruptcy
(DBN)

Is Spain AAA? --- New headache for Spanish banks: zombie companies
(DBN)

Greece in no rush to tap bond markets, finmin says
(DBN)

____________

Canada:

Livent auditor Deloitte ordered to pay $84.8-million for failing detect fraud
(DBN)

Quality Meat Packers In Creditor Protection
(DBN)

The Olympic Village Developer Is Bankrupt
(DBN)

City of Montreal Plans 2,205 Layoffs Over 5 Years
(DBN)

____________

China:

Non-performing debts a booming business in China
(DBN)

Fund houses brace for more China defaults
(DBN)

Chaori Says Bondholder Seeks to Force Restructuring
(DBN)

Asia Developing Economies to Grow at Slower Pace as China Cools
(DBN)

Deadbeat Chinese shipyards stick banks with default bill
(DBN)

____________

Ukraine:

Pro-Russians storm government offices in eastern Ukraine --- A rude awakening to a new world order --- Call for Russia to ban McDonald's as chain closes Crimea branches --- Moody's downgrades Ukraine to 'default imminent' --- Ukraine: Battling over an economic midget --- What Would Reagan Do About Russia's Seizure of Crimea? --- Russia Seen on Verge of Recession as PMI Shows Contraction --- Making sense of Ukraine's new 'survival' taxes --- Ukraine Prime Minister: Russia Is Trying To Take Eastern Ukraine --- Ukrainian Officer Killed in Crimea
(DBN)

____________

Hong Kong:

A Financial Typhoon Warning For Hong Kong
(DBN)

____________

Australia:

No accounting for Deloitte taste
(DBN)

____________

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