February 18, 2014

The Daily Bankruptcy News

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Law:

Delaware Invites Certified Questions from Bankruptcy Courts
(DBN)

Bankruptcy Partner Craig Wolfe Joins Sheppard Mullin
(DBN)

This Lawyer Won The Two Biggest US Financial Crisis Cases
(DBN)

Laterals: Delusions of Crowds
(DBN)

What Clients Don’t See (And Don’t Care About)
(DBN)

The 5 Deadly Sins Of Outside Counsel
(DBN)

How Soon Before One Law School's Troubles Spread?
(DBN)

To attract students, law schools at KU and UMKC engage in a tuition border war
(DBN)

Cooley, NYLS have largest enrollment declines since 2010-2011
(DBN)

Valentine’s Day Special: Online Dating Advice For Bankruptcy Lawyers
(DBN)

Business of Law
(DBN)

Canada: Claude Paquet and his team join BCF
(DBN)

George Zimmerman: I Was A 'Scapegoat' For Obama And The Government
(DBN)

Big Law Tax Partner Pleads Guilty to Tax Evasion
(DBN)

Now Comes The Jamie Casino Parody Videos
(DBN)

Hey, That's Privileged Communication! Or Is It?
(DBN)

Young small-town lawyers credit thank-you letter for invitation to White House state dinner --- 18 Legal Celebrities At The White House State Dinner
(DBN)

Investors spent $458M on legal start-ups in 2013; will 2014 be another big year?
(DBN)

Son-in-law charged in fatal Tennessee package bombing of retired bankruptcy lawyer and wife
(DBN)

Spying by N.S.A. Ally Entangled U.S. Law Firm --- Report: NSA Gave Blessing to Australia's ASD to Spy on Mayer Brown? --- Disclosure and Demurral: The Mayer Brown Spying Revelations
(DBN)

Textual citations make legal writing onerous, for lawyers and nonlawyers alike
(DBN)

Lawyer’s report for NFL backs up Miami Dolphins bullying claims, warns readers of vulgar content
(DBN)

What's Your LinkedIn Type?
(DBN)

Hashtag War: Biglaw Winos
(DBN)

'American Idol': Landing the Role of Season 13 Lawyer Is a lot Like Auditioning for the Show
(DBN)

A Ridiculous 94-Year-Old Law May Prevent New Jersey Drivers From Having Their Frozen Roads Salted
(DBN)

Murdered Wife Told Cops Her Husband Would Kill Her, But They Allegedly Never Translated Her Report
(DBN)

The True Story Of How The Presidency Was Almost A Three-Person Committee
(DBN)

25% in US Think Sun Revolves Around Earth
(DBN)

NSA: We Should've Been Honest on Phone Taps
(DBN)

Police Shoot, Kill 80 Year Old Man in His Bed
(DBN)

Southern California Police Beat and Taser an Innocent Deaf Man
(DBN)

Former Pediatrician Who Appeared On 'Oprah' Convicted Of Waterboarding
(DBN)

WI Man Receives 30-Month Internet Ban After Sending Random Craigslist Users To Neighbor's House
(DBN)

Sometimes It's Dangerous to Call the Cops
(DBN)

Mass Murderer Demands Better Video Games In Prison
(DBN)

Man Pursues, Shoots Teenage Girl Dead Over a Prank
(DBN)

Grand jury probe finds paralegal’s death in lawyer’s bathtub was accidental
(DBN)

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Judges:

Morris Stern , New Jersey bankruptcy judge, dies at 72
(DBN)

Ex-Justice Lays Down The Law
(DBN)

The Benchslap Dispatches: I Pity The Fool Who Tries To Talk Over Judge Posner
(DBN)

Justice Kagan: Not Ready For Her Close-Up?
(DBN)

Justice Scalia Has Gone too Far this Time
(DBN)

For high court, a fantasy league of their own
(DBN)

______________

Wall Street:

US futures steady ahead of Empire State data; Dow Jones up 0.05%
(DBN)

US stocks have their best week so far this year
(DBN)

Stocks Near Records as Caution Recedes
(DBN)

Global Stocks Erase 2014 Losses as $3 Trillion of Value Restored
(DBN)

______________

Layoffs:

America’s Labor Market Has Suffered Permanent Harm
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Alternative Energy:

China's Biggest Auto Parts Company Will Pay $150 Million For Assets Of Bankrupt Electric Carmaker Fisker --- Fisker goes to China's Wanxiang --- Wanxiang wins after quadrupling cash bid to $149 million
(DBN)

____________

Television:

With a Little Patience, Maybe the Astros Can Make Out Like Bandits on CSN Houston
(DBN)

CSN Houston owes $27 million each to Astros, Rockets, court records show
(DBN)

____________

Telecoms:

Falcone's LightSquared Files New Reorganization Plan --- New $2.65 Billion, Fortress-Backed Reorganization Plan
(DBN)

LightSquared bankruptcy plan creates uncertainties for Ergen
(DBN)

____________

Religion:

Archdiocesan reorganization plan raises fairness questions
(DBN)

Bankrupt archdiocese pays lawyers, not victims
(DBN)

N.J. archbishop's retirement home to include hot tub, pool
(DBN)

____________

Health Care:

Hope For NYC Hospitals: New York Wins $8 Billion Hospital Waiver , Cuomo Says --- $8B Medicaid waiver will help Brooklyn hospitals
(DBN)

Judge to hear med center's hospital bid
(DBN)

St. Francis sale hearing set for today
(DBN)

NRMC's dysfunction beat goes on
(DBN)

Boomers the Big Winners in Obamacare
(DBN)

____________

Hollywood:

Learn how Hollywood screwed over the VFX industry in Life After Pi
(DBN)

____________

Equipment Rentals:

Event Rentals Files Under Chapter 11, Seeks New Owner
(DBN)

____________

Autos:

Chrysler: The Trap of Corporate Welfare
(DBN)

____________

Adult Entertainment:

Girls Gone Wild Bankruptcy Auction Planned for April
(DBN)

____________

Gambling:

Whelan: Caesars meddling in Atlantic Club future
(DBN)

____________

Economy:

Consumer Confidence Stable in February
(DBN)

US Manufacturing Output Falls
(DBN)

Rich Guy: We Should Get More Votes than Poor
(DBN)

Billionaires Wealth Skyrocketing, Not Giving
(DBN)

Super Rich CEOs: Mad As Hell, Won't Take It
(DBN)

Tom Perkins, Like Lottery Winners, Got Lucky. So Why Blame the Poor?
(DBN)

Taxpayers Will Bail Out Rich Again
(DBN)

Food Stamp Use by Military Hits Record High
(DBN)

Why America's Two Biggest Cities Are Full Of Single People
(DBN)

IMF Paper Slams Reinhart-Rogoff
(DBN)

18 Surprisingly Critical Thoughts On Money From U.S. Presidents --- 32 American Presidents Share Their Best Life Advice --- In Wealth, Washington Was a Winner and Lincoln a Loser
(DBN)

Goldman: Here's What Our Clients Worry About The Most
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

Average 30-year fixed mortgage rate up, but barely
(DBN)

14 US Housing Markets With The Worst Foreclosure Rates
(DBN)

Lehman Reaches $767 Million Settlement of Freddie Mac Claim
(DBN)

Even The Pessimists Expect Home Prices To Rise For The Next Five Years
(DBN)

Chicago Spire financing draws objection
(DBN)

Murdered Satmar Slumlord May Have Stolen $3.6 Million, Records Show
(DBN)

____________

Municipalities:

Detroit's ' bankruptcy bond' to be challenged --- Detroit Bonds: Obligation or Just a Promise?
(DBN)

Moody's Sees Detroit COPs Repudiation as Isolated
(DBN)

Detroit's bankruptcy blueprint due out this week: Here's what to expect
(DBN)

Time to see whether Detroit's big bet on shedding its debt pays off
(DBN)

Mediator in Detroit Bankruptcy Walks Fine Line Between City, Creditors --- Q&A: What Is a Bankruptcy Mediator’s Role
(DBN)

What's at stake for Detroit's workers and retirees?
(DBN)

The Daunting Costs of Municipal Bankruptcy
(DBN)

How Detroit can build from bankruptcy
(DBN)

Here's Why No One Rides Detroit's 'People Mover' Train
(DBN)

Detroiters Without Cars Seek Jobs in Vain Amid Depopulated City
(DBN)

Detroit, China
(DBN)

Charles H. Wright Museum could be lost in bankruptcy
(DBN)

Patrolling a Bruised City
(DBN)

Linked in Lansing? Michigan’s Term Limits and Detroit’s Bankruptcy
(DBN)

The Bond Market is Watching
(DBN)

Five Bankruptcy Bits
(DBN)

Yes, Virginia, there is a bankruptcy
(DBN)

After rocky start, Orr, Duggan learn to trust each other as they run Detroit --- How the Bankruptcy is Helping Mayor Duggan
(DBN)

Detroit bankruptcy bond fight a watershed for municipal market
(DBN)

Detroit Emergency Manager to file plan with bankruptcy court this week
(DBN)

Court case could have $2.4 billion impact on struggling Ky. pension plan
(DBN)

Could Wayne County go bankrupt like Detroit?
(DBN)

Cities Creating the Most Middle Class Jobs
(DBN)

America's 20 Fastest Growing Cities
(DBN)

____________

Celebs:

The Broke and the Beautiful: Nostalgia Edition
(DBN)

Kyle Richards Responds to Brandi Glanville's Claim That She Started Lisa Vanderpump's Bankruptcy Rumor
(DBN)

Lisa Vanderpump Issues Ultimatum To Brandi Glanville
(DBN)

____________

Personal Finance:

The Crushing Mistake Killing Your Retirement
(DBN)

____________

Tax:

IRS is America's feared and failing agency
(DBN)

Is the fair tax really fair?
(DBN)

____________

Fraud:

Anonymous Critic Urges Judge to ‘Kill’ SAC Plea Deal
(DBN)

Madoff crony to spill his guts in court
(DBN)

Fraud case jury to view Madoff video
(DBN)

Government rests case in Madoff employees trial
(DBN)

A Ponzi Pandemic: 500+ Ponzi Schemes Totaling $50+ Billion in 'Madoff Era'
(DBN)

____________

Aviation:

A Ruthless Airline Changes How We Pay to Fly
(DBN)

Co-Pilot Hijacks Plane, Lands In Geneva Seeking Asylum
(DBN)

____________

Art:

Bankruptcy of Lender for Pledged Art and Antiques Leads to Arrests
(DBN)

____________

Rail:

New owner, new name: MMA to become the Central Maine and Quebec Railway
(DBN)

MM&A railway had repeated brake violations on the books
(DBN)

____________

Mass Torts:

Freedom Industries wants to fast-track bankruptcy process
(DBN)

Freedom provides more details in bankruptcy filing
(DBN)

Freedom, others have faced lawsuits before
(DBN)

Freedom execs' personal assets may be shielded
(DBN)

Freedom Industries has spent more than $1 million since spill
(DBN)

Counsel named to represent Freedom's unsecured creditors
(DBN)

Impunity in West Virginia as Criminal Law-Breaking Polluters Still Walk Free
(DBN)

Earl Ray Tomblin Bob Kiss and West Virginia American Water
(DBN)

____________

Retailing:

Dots CEO Leaves as Bankrupt Chain Seeks Buyer
(DBN)

Target’s Cyber Security Staff Raised Concerns in Months Before Breach
(DBN)

Banks Scorch Target for Giant Data Breach
(DBN)

American closing, nearly 1000 employees affected
(DBN)

Altrec, bankrupt Redmond outdoor gear e-tailer, has a buyer
(DBN)

____________

Credit Counseling:

Brooklynite Pleads to Debt Fraud Mission
(DBN)

____________

Corporate Reform:

Wall Street Fraudsters Beware
(DBN)

____________

Agriculture:

Choice Genetics USA to restructure
(DBN)

____________

Awards:

FN 2014 Legal Awards: Shortlist - Restructuring/bankruptcy team of the year
(DBN)

____________

New Bankruptcy Opinions
(4 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (39 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (11 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)

______________

Secured Debt:

Chapter 11 Claim: Nonrecourse + No Equity = Disallowed Claim… Or Maybe Not
(DBN)

____________

Avoidance Actions:

Kirkland Seeks $20.7 Billion in Damages From Anadarko
(DBN)

____________

Bankruptcy Reform:

Creditors Deserve Better Bankruptcy Reform
(DBN)

___________

Personal Bankruptcy:

Debtor, What Debtor?
(DBN)

____________

Sales:

Bankruptcy Court Limits Credit Bid Right In An Unnecessarily 'Rushed' Sale Process
(DBN)

____________

Professional Compensation:

Will the Fifth Circuit Clarify Pro-Snax?
(DBN)

____________

Discharge:

Vratsinas hiding cash from bankruptcy court, lawsuit claims
(DBN)

____________

Jurisdiction:

Jurisdiction: toward the definitive Anna Nicole Smith biopic
(DBN)

____________

Plastics:

Bioplastics maker Cereplast files for Chapter 11 protection
(DBN)

____________

Banking:

Cornerstone Research: FDIC Lawsuits Continue to Mount, Individuals Contributing Out-of-Pocket to FDIC Claims Settlements --- Report Says FDIC Failed Bank Litigation on the Rise
(DBN)

Foreign banks bracing for tough US Fed capital rules
(DBN)

____________

Sovereigns:

Argentina vs hedge funds: second chapter of appeal before the US Supreme Court
(DBN)

Sovereign Immunity and Sovereign Debt
(DBN)

____________

UK:

Insolvency fee proposals unfair
(DBN)

Insolvency practitioner fee changes: Unintended and unwanted
(DBN)

Insolvency licensing: If it's not broken don't fix it
(DBN)

UK: Their Fall of the Middle Class
(DBN)

UK Inflation Unexpectedly Slows to Below BOE's 2% Target
(DBN)

Undervaluing property and shares: Insolvency considerations
(DBN)

Former Jaeger chairman Harold Tillman calls for a US-style bankruptcy laws
(DBN)

Outlook: Chapter 11 is not a bankruptcy panacea, but it does have its merits
(DBN)

Former Barclays Employees Charged by UK Over Libor Rigging
(DBN)

Reader’s Digest UK company sold for £1
(DBN)

Hell's Kitchen winner Terry Miller declared bankrupt
(DBN)

BOE Can’t Stop the Craving for London. Time to Worry?
(DBN)

Co-op Asks Public: ‘What Should We Do?’
(DBN)

Bankrupt footballer forced to repay millions
(DBN)

Westcountry towns feature in financial distress top ten
(DBN)

Lloyds In Tax Dispute With HMRC Over Now Defunct Irish Unit
(DBN)

___________

EU:

Barmy Brussels at it again! Now EU wants to ban the word bankrupt --- Bankruptcy 'an ugly word' --- Push to banish "bankruptcy" from the English language
(DBN)

____________

PIIGS:

Mellon considers bankruptcy in UK if NAMA talks fail --- 'The stress of being in debt is ravaging, it is the new cancer' --- Tulisa's former boyfriend Jody Latham declared bankrupt over tax
(DBN)

Pescanova Hidden Debt Lenders Face 90% Losses
(DBN)

Greek yields near post- restructuring lows as lenders set to return
(DBN)

Italy's Sorgenia hopes to strike debt deal with banks ...
(DBN)

____________

Canada:

MOE targeting ‘convenient victims,’ lawyers charge
(DBN)

Test for granting leave to sue court-appointed receiver
(DBN)

____________

France:

Last French Beret Maker Fights for Survival in Hollande Test
(DBN)

____________

Japan:

Japan Growth Trails Forecast Before Tax Rise
(DBN)

____________

Brazil:

Batista's Oil Company OGP Files Bankruptcy Emergence Plan
(DBN)

Batista's Oleo e Gas Participações SA abandons seven oil exploration leases
(DBN)

Batista's OSX In Talks With Cerberus, Others
(DBN)

____________

Austria:

Austria won't rule out Hypo insolvency --- Hypo Alpe Debt Cut Four Steps --- Hypo insolvency dangerous but not ruled out
(DBN)

Austrian central bank head chides government over Hypo bank
(DBN)

____________

Singapore:

New bankruptcy cases hit four-year high --- Do rising Singapore bankruptcies signal trouble ahead?
(DBN)

____________

Australia:

Bankruptcy battle goes on
(DBN)

Mineralogy Drops Bid for Bankruptcy of Citic Pacific Unit
(DBN)

____________

Vietnam:

Economists push Vietnam to use bankruptcy as restructuring tool for weak banks
(DBN)

____________

MENA:

Rollover Likely as Dubai’s $10 Billion Debt Deadline Looms
(DBN)

____________

China:

What Everyone Gets Wrong on China
(DBN)

____________

Argentina:

Argentina: A Century of Decline
(DBN)

____________

Malaysia:

Bankruptcy on the rise in Malaysia, says Anwar
(DBN)

____________

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