April 8, 2014

The Daily Bankruptcy News

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Law:

Layoff Watch: 52 Lawyers And Staff Sent Packing
(DBN)

Weil Hires Senior Goldman Bankruptcy Specialist for London Office --- Weil expands market-leading European Restructuring practice with hire of Andrew Wilkinson
(DBN)

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

How Do Law Departments Select Vendors
(DBN)

We Need To Start Talking To Law Students About Depression And Suicide --- Law Professors, Law Students and Depression . . . Coming Out
(DBN)

Don’t Blame ‘Diverse’ Students For Your Poor U.S. News Rank
(DBN)

Law School Adds Horse Racing Concentration — Pay Off Those Loans By Figuring Out The Ponies!
(DBN)

Yale Law Says: Practical Training Is For Little People
(DBN)

Dinner With A Law School Dean
(DBN)

How To Not Be A Jerk Over Email
(DBN)

ESPN 30 for 30: The Law School Gunner
(DBN)

To be a top legal leader, you must be a top business leader
(DBN)

Improve Your Online Marketing Presence
(DBN)

'Bachelorette' Lawyer Wants Legal Mal Case Out of Bankruptcy Court
(DBN)

Firm is using Google Glass to get a leg up
(DBN)

3 Things That Solos Do That Make Me Embarrassed To Be A Solo
(DBN)

No Navigator, No Parachute, No Problem: Financial results From First Quarter of Flying Solo
(DBN)

Bill Zimmerman joining Eron Law as former firm disbands
(DBN)

Post-Contract Lawyer: You still might be doing temp work
(DBN)

How Sitting Is Killing You
(DBN)

8th Cir. axes $900K verdict because lawyer told personal law school sex-harassment story at closing
(DBN)

I Went To A Fight And A Charity Hockey Match Broke Out
(DBN)

Homeless Man Discovers ATM That Keeps Giving Out Thousands Of Dollars
(DBN)

Al Sharpton's Secret Work As FBI Informant --- Al Sharpton: I Wasn't a FBI Informant
(DBN)

Pistorius Takes Stand in Murder Trial
(DBN)

Suspended lawyer faces criminal charges, is accused of setting girlfriend on fire
(DBN)

Lawyer Sues Lacrosse Team For Not Playing His Son Enough
(DBN)

Cops: Woman hit 123 mph on highway with her children, ages 3 and 5, in backseat
(DBN)

Airline Passenger Attempts Suicide During Flight
(DBN)

This Woman's MacBook Was Stolen, So She's Posting These Photos Of The Alleged Thief All Over The Web
(DBN)

Lawyer Who Improperly Solicited 12 Out-Of-State Clients Ordered To Provide Pro Bono For 12 In-State Clients
(DBN)

The 50 Most Comfortable Prisons in the World
(DBN)

Not Okay
(DBN)

Judge awards $53K engagement ring to woman dumped via text message
(DBN)

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Judges:

Judge jails in-house lawyer who complained in email about being selected for jury service
(DBN)

Lawyers seek to exclude mention of adult videos, allegedly used to bribe judge, from trial
(DBN)

Bankruptcy Court Sponsors exhibit depicting fate of Jewish lawyers in Nazi Germany
(DBN)

Judge 'sold thousands of law exam answers'
(DBN)

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Wall Street:

Wall Street in focus after 3-day selloff
(DBN)

US stocks fall; Nasdaq 3-day loss worst since 2011
(DBN)

S&P 500 Erases Gain for Year as Tech Shares Extend Slide
(DBN)

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Layoffs:

Millions of Americans Aren't Working. Why?
(DBN)

Goldman's Top Economist Makes An Extremely Important Argument About The Job Market
(DBN)

Disability Has Had A Huge Impact On The Labor Force Participation Rate
(DBN)

The Fastest-Growing Jobs In America - Depressing
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Tech:

Speech-Technology Company DynaVox Files for Bankruptcy
(DBN)

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Pensions:

Hearing set to determine whether Furniture Brands pension plan deal stands
(DBN)

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Banking:

Credit Suisse's Growing Headache
(DBN)

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Food/Beverage:

Sbarro Pizza Seeks Bids in Auction With 31 Potential Buyers
(DBN)

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Aviation:

Search for Flight 370 Picks Up Signals
(DBN)

Nine Kingfisher trademarks put up for sale
(DBN)

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Fraud:

Florida lawyer gets 10 years for role in massive insurance Ponzi scheme
(DBN)

Lawyers disagree on whether DBSI officials misled investors
(DBN)

Former HomeGold executive requests parole after heart attack
(DBN)

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Economy:

A Basket of Labor Data Suggests Job Gains Will Continue
(DBN)

Americans Owed Less on Their Credit Cards in February
(DBN)

Fed’s Bullard: Encouraged by Rebound in March Jobs Data
(DBN)

Here's How Many Americans Could Come Up With $2,000 Right Now If They Needed It In An Emergency
(DBN)

Consumer Credit Soars to $3.1 Trillion
(DBN)

How Household Debt Has Radically Changed In Seven Years
(DBN)

Americans Spend More on Taxes Than Food, Clothing, Housing -- Combined
(DBN)

Government often has 10 agencies doing one job
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Consortium of foundations bids to buy August Wilson Center
(DBN)

Receiver subpoenas former Wilson Center auditor for records
(DBN)

Homebuyer Traffic in March Was Down From Last Year
(DBN)

The 27 Richest Neighborhoods In Southern California
(DBN)

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Municipalities:

How Detroit's crucial bankruptcy might still come unraveled
(DBN)

Oakland, Macomb, creditors file objections to Detroit bankruptcy document
(DBN)

Creditors say Detroit bankruptcy plan lacks needed details
(DBN)

Fate of pensions, DIA hangs on vote
(DBN)

City going after worker retirement savings in bankruptcy
(DBN)

Pension cuts will lead to more crime, poverty in Detroit, union argues
(DBN)

Snyder envisions a post- bankrupt Detroit
(DBN)

Snyder says Detroit will exit bankruptcy by fall
(DBN)

Detroit Water Customer Oakland County Attacks Debt-Cut Plan
(DBN)

Surreal Before And After Photos Of Post-Industrial Detroit
(DBN)

$45 parking tickets coming to Detroit
(DBN)

Getting serious about saving Detroit
(DBN)

Emanuel's pension plan "no panacea," Moody's says
(DBN)

Pensions pose latest challenge for Chicago mayor
(DBN)

Stockton: City, creditor still a ways apart
(DBN)

Puerto Rico Finance Arm Hires Restructuring Lawyers --- Puerto Rico Hires Bankruptcy Lawyers --- Puerto Rico hires a second US restructuring firm
(DBN)

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Coal:

James River Coal files for bankruptcy protection --- Files After Price Drops Idle Mines
(DBN)

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Healthcare:

Palm Drive votes to close core services, files for bankruptcy
(DBN)

Bankruptcy Court Makes Emergency Services A Priority
(DBN)

Nurses protesting at hospital bankruptcy hearing
(DBN)

BMC committed to emergency facility in North County, but it might not be at NARH
(DBN)

Stat Shows That Obamacare Is Working
(DBN)

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Religion:

Anderson church emerges from bankruptcy
(DBN)

Pope Francis opts to keep scandal-plagued Vatican bank alive
(DBN)

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Accounting:

Livent auditor ordered to pay $85M to creditors
(DBN)

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Gambling:

Union turning up heat on Revel as sale looms
(DBN)

For most Atlantic City casinos, 2013 was ugly --- Profits plunged 35 percent in 2013
(DBN)

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Environmental:

Anadarko Surges As It Puts Tronox Lawsuit Behind It
(DBN)

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Banking:

Citi Is Bracing to Miss a Profit Target
(DBN)

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Shipping:

New Study Raises Threat of Bankruptcies for Container-Shipping Industry
(DBN)

Overseas Shipholding Approved to Sign $300 Million Equity Deal
(DBN)

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Resorts:

Judge Orders Former Forbes 400 Member Tim Blixseth To Pay $41M To Yellowstone Club Creditors
(DBN)

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Hotels:

The Practical Aspects Of Terminating And Unwinding Hotel Management And Branding Relationships
(DBN)

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Politics:

Another Family Values Congressman Exposed
(DBN)

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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 (58 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (10 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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Avoidance Actions:

Seventh Circuit Opens the Barn Door for Use of Constructive Trusts as a Preference Defense
(DBN)

New value defense preserved for three-party transactions
(DBN)

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Equity:

The Supreme Court Addresses the Scope of the “All Writs” Provision in the Bankruptcy Code
(DBN)

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Insurance:

First Circuit: D&O Insurer Must Advance Failed Bank Directors and Officers’ Defense Expenses
(DBN)

D&O Insurance Coverage for Subpoena Response Costs
(DBN)

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Litigation:

Don’t Call Discovery Over Document Retention Policies Premature After You Admit Destroying Relevant Discovery
(DBN)

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Celebs:

'Chrisley Knows Best' TV Show: Todd Accused of Hiding Assets?
(DBN)

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Retailing:

Coldwater Said to Plan Liquidation After Bankruptcy
(DBN)

Sears CEO Slices Off Assets, Leaves Less for Bondholders
(DBN)

Sears Shares Are Getting Hammered
(DBN)

Brookstone's CEO Explains to Conan Why It's Going Bankrupt
(DBN)

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Autos:

GM's tough call: How to pay recall victims
(DBN)

Comedy in Tragedy: The Daily Show on GM Liabilities
(DBN)

GM Dealers Assuring Customers Of Recalled Vehicle's Safety
(DBN)

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Currency:

Mt. Gox’s Karpeles Beyond U.S. Bankruptcy Court Reach, His Lawyer Says
(DBN)

The Troubling Holes in MtGox's Account of How It Lost $600 Million in Bitcoins
(DBN)

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Sovereigns:

Elliot Takes Battle Over Argentine Debt To Nevada
(DBN)

NML Capital Seeks Information on Argentine Funds
(DBN)

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UK:

FoH hails 'hugely positive' Hearts developments
(DBN)

Former Hearts owner Vladimir Romanov arrested
(DBN)

UK: Five More Years of Middle Class Misery
(DBN)

Bidders for pawnbroker A&B emerge
(DBN)

Co-op Bank delays issuing results again
(DBN)

Punch Seeks Debt Test Waiver to Gain Time for Restructuring
(DBN)

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EU:

EU deal on bank failures risks unraveling
(DBN)

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PIIGS:

Spain's banks to shoulder some burden of zombie companies
(DBN)

We'll go bust unless workers take a pay cut, Irish Rail warns
(DBN)

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Canada:

Livent decision could pave way for new suits against auditors
(DBN)

A failure to communicate: trustee's claim to non-exempt equity in bankrupt's property should be declared at time of assignment in bankruptcy
(DBN)

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Lichtenstein:

Cops Hunt Hedge Fund Boss in Banker's Murder - Smartcar getaway
(DBN)

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Czech Republic:

New rules for individual's business debt relief
(DBN)

Czech minister says coal miner NWR needs new capital to avert collapse
(DBN)

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Ukraine:

Ukraine at Risk of Civil War, Warns Russia
(DBN) --- This Putin Graffiti Sums Up Ukraine Right Now
(DBN)

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China:

China's next bond default looms as polyester firm declares bankruptcy
(DBN)

Chaori Solar Shares Tumble as Huatesi Polymer Enters Bankruptcy --- Chaori Solar Falls 5% After Bondholder Seeks Bankruptcy
(DBN)

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MENA:

Holyland project on verge of bankruptcy
(DBN)

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