February 12, 2014

The Daily Bankruptcy News

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Law:

Associate Bonus Watch: Bingham McCutchen
(DBN)

Coolest Biglaw Partner Ever Is Making It Rain Jeffersons All Over Jay-Z, Beyoncé & Bill Clinton
(DBN)

Parent Begs Firms To Hire Son — Offers To Pay Part Of Son’s Salary
(DBN)

Cleary Gottlieb seeks $3M for Hurricane Sandy damage in suit filed against law firm’s insurer
(DBN)

Ex-lawyer who used his firm’s credit card to start new firm gets probation
(DBN)

Business of Law
(DBN)

Nine More Ex-Dewey Partners Hit With Clawback Suits
(DBN)

Boies Schiller Expands In D.C. By Hiring Young Legal Superstars
(DBN)

A dozen years out, most law school graduates glad they went
(DBN)

Bring Your Own Device, Don't Bring Your Own Drama
(DBN)

Woman sues in effort to prove she is alive
(DBN)

Aging attorneys are a lurking problem in the legal profession
(DBN)

On The Merits Of Celebrity Legal Gossip
(DBN)

US law firms are 'ineffective' on social media
(DBN)

Worst ‘Minority’ Law School Valentine’s Day Event Ever
(DBN)

Judge: No Sanctions for Lawyers Suing Skadden, Staffing Firm For Overtime
(DBN)

White & Case Sees Profits, Revenue Rise Again
(DBN)

Beyond Biglaw: Mediation Matters
(DBN)

Former district attorney gets 13 years in federal corruption case over his work as a prosecutor
(DBN)

That’s One Way To Pick A Jury. Maybe An Unethical One, But It Is One Way.
(DBN)

How To Pack A Suit So You're Not A Wrinkled Mess When Traveling
(DBN)

8 Ways To De-Clutter Your Workspace And Life
(DBN)

The Bizarre Case Of A Professor Charged With The Grisly Murder Of Her Rapist
(DBN)

Retired bankruptcy lawyer, 74, killed by parcel bomb sent to his home in mystery attack that also injured his wife
(DBN)

Retired lawyer, 59, gets world map tattooed on his back... and vows to color in every country his visits
(DBN)

Meet She-Hulk, heroine of new comic book series who can bench-press a bus and runs her own law firm
(DBN)

Republicans say Obama’s use of executive power is ‘unprecedented.’ The data say otherwise.
(DBN)

Say What?!
(DBN)

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Judges:

Judge Rebukes MoFo Over Apple v. Samsung Closing
(DBN)

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Wall Street:

Stock futures flatten out ahead of Bullard
(DBN)

Stocks Surge After Yellen's Big Testimony
(DBN)

The Unofficial Goldman Sachs Guide To Surviving Valentine's Day
(DBN)

Here's The Truth About That 1929 Stock Market Crash Chart That Everyone Is Passing Around
(DBN)

Goldman Sachs Apologized For Giving Out Nail Files And Mirrors At A Women's Coding Event
(DBN)

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Layoffs:

91 Million Americans Aren't Looking for Jobs
(DBN)

Lessons from Barclays' 12,000 Global Job Cuts: Shorter shelf lives for some career paths (with already short shelf lives)
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Personal Finance:

8 Lifestyle Changes That Can Improve Mental Health
(DBN)

15 Tips For Nailing A Phone Or Skype Interview
(DBN)

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Events:

Global Events Partners, Krisam Group File for Bankruptcy
(DBN)

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Electricity:

Energy Future Holdings reportedly seeks financing to use during bankruptcy --- Revives Talks on Bankruptcy Funding
(DBN)

Edison Mission Bankruptcy Reorganization Opposed by SEC
(DBN)

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Health Care:

St. Francis Hospital to sell to Westchester Medical Center
(DBN)

Public welcomes Westchester's bid, as long as jobs, services are preserved
(DBN)

Court documents show how Saint Francis chose Westchester Medical Center
(DBN)

Health Quest quits bidding process for St. Francis Hospital --- Saving Saint Francis: As Health Quest backs off, Westchester Medical looks to seal the deal
(DBN)

Two Alana Healthcare subsidiaries file for bankruptcy
(DBN)

Study: Health Care Reform Likely to Reduce Bankruptcy and Catastrophic Debt
(DBN)

Bob Costas is right: Going to work sick is a terrible idea
(DBN)

Are State ObamaCare Exchanges Headed For Bankruptcy ?
(DBN)

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Religion:

Helena Diocese liabilities are double its assets
(DBN)

Diocese of Helena files for bankruptcy, settles with Ursuline Academy victims
(DBN)

Catholic Church: Bankruptcy good and bad
(DBN)

Nevada judge to act as mediator in Stockton Diocese bankruptcy
(DBN)

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Trucking:

YRC Said to Boost Rate on $700 Million Refinancing Term Loan
(DBN)

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Aviation:

Thousands Of Flights Canceled As Yet Another Winter Storm Looms
(DBN)

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Autos:

Why America Stopped Driving
(DBN)

Moody's Downgrades Fiat Credit Rating
(DBN)

Execs Axed as Car Sales Slow
(DBN)

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Telecoms:

LightSquared Seeks to File New Plan This Week
(DBN)

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Economy:

Plosser Says 'I'm Worried' Fed May Be Too Late in Raising Rates
(DBN)

U.S. job openings decline unexpectedly in December --- Job openings fall in December from 5-year high
(DBN)

BLS: 4 Million Jobs Openings in December
(DBN)

Janet Yellen Is Taking A View Of The Labor Market That Has Huge Implications For Monetary Policy
(DBN)

Bad jobs reports won't change tapering: Yellen
(DBN)

Here’s why the unemployment rate doesn’t matter anymore
(DBN)

Yellen: "expect a great deal of continuity in the FOMC's approach to monetary policy"
(DBN)

Krugman: Inequality and Indignity
(DBN - NY Times - Paywall Limit Possible)

The 0.1% are leaving the 1% behind
(DBN)

Confident, people quit jobs: Why that may be bad
(DBN)

Economy May Be in Slow Lane for Some Time
(DBN)

NFIB: Small Business Optimism Index increases in January
(DBN)

John Boehner Has Done A Masterful Job With The Debt Ceiling --- Here Are All The Republicans Who Voted To Avoid A Potential Economic Calamity
(DBN)

Millennials Have It Worse Than Any Generation In 50 Years
(DBN)

$$$ Value of college? For millennials, $17,500 a year
(DBN)

9 Reasons Every 20-Something Needs A Side Hustle
(DBN)

Fewer Seniors Live in Poverty
(DBN)

Record number of Americans give up citizenship
(DBN)

4 Official Recession Indicators
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Mortgage “Strip Off” in Chapter 7: Dewsnup Fails to Prevail – Go Figure
(DBN)

MBA: Mortgage Applications decrease in Latest Survey
(DBN)

Phoenix ARMLS: Total Sales down 17.1% in January, Distressed Sales down 59.6%, Inventory up 29%
(DBN)

30-Year Fixed Mortgage Rates increase slightly to 4.14%
(DBN)

Home Prices Rose in Fewer U.S. Markets in Fourth Quarter
(DBN)

Fewer affordable houses, even as credit eases
(DBN)

Chase's 'Secret' Deal With Feds Faces Challenge
(DBN)

Americans Think It's Easy To Get A Mortgage
(DBN)

5 New York Neighborhoods Where You Can Still Find A Bargain Apartment
(DBN)

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Municipalities:

Federal circuit panel to consult mediator about appeal on Detroit bankruptcy
(DBN)

Detroit's bankruptcy pension deal could dim golden years
(DBN)

Puerto Rico Selling GO Bonds 'In the Near Term,' GDB Says
(DBN)

Puerto Rico’s Slide
(DBN)

Now Fitch Downgrades Puerto Rico
(DBN)

Battered Cities Vie for Next 'Silicon Valley' Title
(DBN)

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Fraud:

Court Officers in Stanford, Madoff Cases Ask Supremes for Standing to Sue on Behalf of Creditors
(DBN)

Expanded Scope of Ponzi Scheme Presumption Upheld on Appeal
(DBN)

Former Rothstein firm lawyer convicted of aiding his fraud by impersonating state bar official
(DBN)

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Credit Reporting:

5/3 Bank accidentally reported some customers as filing for bankruptcy
(DBN)

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Golf:

Bankrupt Doonbeg course becomes newest addition to Trump collection
(DBN)

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Video Games:

SOE President Defends Curt Schilling, Calls RI Governor an 'Idiot'
(DBN)

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Alternative Energy:

Horizon Technology Finance to Provide DIP Loan to Xtreme Power
(DBN)

Fisker Automotive set to auction assets
(DBN)

Two Mass. battery firms vie to buy carmaker
(DBN)

Solar Panel Demand Pulls Makers Out of Debt
(DBN)

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Gambling:

When the House Is Losing: Managing Casinos Through Restructuring
(DBN)

Stakes Are High in Las Vegas Transformation
(DBN)

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Brokers:

Corzine fails to win dismissal of MF Global customers' lawsuit --- MF Global Judge Says Corzine Must Face Some Suit Claims --- Why Corzine must be held accountable
(DBN)

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Television:

Catching up on some of the CSN Houston bankruptcy case fine print
(DBN)

Houston Astros Denied Halt to Network Bankruptcy on Appeal
(DBN)

Judge gives attorneys clearance to reorganize CSN Houston
(DBN)

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Banking:

First Mariner Lines Up $2.5 Million Bankruptcy Loan
(DBN)

Wells Fargo tops First Mariner bankruptcy creditor list
(DBN)

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Weather:

Here's What California's Historic Drought Will Do To The Economy
(DBN)

National Weather Service Calls Storm Headed For Atlanta A 'Catastrophic' Event Of 'Historical Proportions' --- Historic Ice Storm Headed Towards the South
(DBN)

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Tax:

Insolvency + Tax Season = Good News?
(DBN)

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Corporate Reform:

Senate’s Warren Pushes to Require Board Votes on Banks
(DBN)

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Politics:

Congressional candidate Hardy says business bankruptcy not an election issue
(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 (17 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (16 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:

The Connection Between Individual Liberty and Article III Courts
(DBN)

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Divorce:

Divorce and Bankruptcy May Give Spouse a Fresh Start But Not a Second Bite at the Apple
(DBN)

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Sales:

Third Circuit Holds That Personal Injury Plaintiffs’ “Mere Continuation” Successor Liability Claims Against Purchaser of Bankrupt Debtor’s Assets Belong to Bankruptcy Estate, Not Plaintiffs
(DBN)

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Automatic Stay:

Connecticut District Court and Bankruptcy Court Differ on Extent to Which the Automatic Stay Automatically Terminates Upon Second Bankruptcy Filing
(DBN)

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Litigation:

Do Proposed Federal Rules Change Narrow Scope of Discovery?
(DBN)

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CROs:

Bridging the Credibility Gap: Why Lenders Insist Distressed Borrowers Hire CROs
(DBN)

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Corporate Governance:

Aurelius Decision: Creditors of an Insolvent Texas Company Can't Sue Directors Until After It's Too Late
(DBN)

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Celebs:

Former Baywatch star Donna D'Errico files for bankruptcy ... and claims she only has $20 to her name
(DBN)

Bankruptcy cleared up, Vince Young focuses on NFL comeback
(DBN)

Rihanna Was 'Effectively Bankrupt ' Back In 2009 --- Rihanna's accountant 'caused bankruptcy '
(DBN)

I am not going bankrupt , not renting out my place, claims Preity Zinta
(DBN)

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Personal Finance:

The Best Things To Buy Every Month Of The Year
(DBN)

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Food/Beverage:

Report: Fox & Hound, Champps parent nears $120M bankruptcy deal
(DBN)

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Financial Privacy:

PayPal president's card hacked for shopping spree
(DBN)

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Turnarounds:

Bonds.com Explores Strategic Alternatives
(DBN)

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Coal:

Patriot Coal Plant Spills Waste 2 Months After Bankrupt
(DBN)

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Tax:

IRS Worker Charged with Stealing from Filers
(DBN)

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Pensions:

AOL Won't Explain How Obamacare Costs $7M
(DBN)

Why Exactly Did Tim Armstrong Need to Make Cuts, Anyway?
(DBN)

AOL’s Armstrong fired woman in 2005 while pregnant: suit
(DBN)

AOL's Tim Armstrong Violated Decency, Not Privacy Laws
(DBN)

AOL reversed its controversial 401(k) policy. These 4 companies are sticking with it.
(DBN)

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Sovereigns:

Argentina to file bond petition on Feb. 17 to U.S. Supreme Court -report
(DBN)

Argentina to fire its last round in battle with bond holdouts
(DBN)

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UK:

Barclays: the hidden numbers that tell the real story
(DBN)

Here's How Barclays Bonuses Work
(DBN)

Deloitte comments on the recent Insolvency Service figures
(DBN)

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PIIGS:

Portugal takes big step toward full market return
(DBN)

Shatter: Ireland needs to remove stigma of bankruptcy
(DBN)

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Austria:

Cooperation with healthy banks over Hypo ruled out
(DBN)

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Australia:

Toyota Has Dealt The Australian Auto Industry A Death Blow --- End of the Line for Australia's Automakers
(DBN)

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China:

Chinese Trade Booms
(DBN)

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Israel:

The Jewish king of US corporate bankruptcy
(DBN)

What the US and Israel can learn from each other on corporate bankruptcy
(DBN)

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MENA:

Richard Branson "flabbergasted" UAE has no bankruptcy law
(DBN)

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