February 3, 2014

The Daily Bankruptcy News

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Law:

Associate Bonus Watch: Very Elated At Vinson & Elkins
(DBN)

McDermott Woos Two Kirkland Finance Partners
(DBN)

Quinn Emanuel announces work-from-anywhere program --- Quinn Emanuel Will Pay To Make Associates Go Away For A While
(DBN)

Breaking Up Is Hard to Do
(DBN)

Business of Law
(DBN)

These lawyers wind down with amped-up vacations
(DBN)

Enhancing the Client Experience: Moving From Receptionist to Concierge
(DBN)

2 handy gadgets for road warriors
(DBN)

Summer Associates Or Lateral Hires: Is There A Right Way To Build A Firm?
(DBN)

I Actually Can’t Believe This Lawyer Put This Ad On TV
(DBN)

Want The Courage To Leave Biglaw? Get A Dog
(DBN)

Why Amanda Knox Is Completely Innocent And The Italian Justice System Is Utterly Insane --- How The UK Sees Amanda Knox
(DBN)

Which law firm is the oldest in the United States?
(DBN)

It’s time to look at regulation of ‘quasi-legal’ work done by lawyers
(DBN)

Judge Shows Compassion Toward Law Firm for Leak --- Judge sanctions Samsung and counsel over release of confidential info in big-bucks Apple patent suit
(DBN)

Dylan Farrow Details Alleged Abuse At The Hands Of Woody Allen
(DBN)

A New Florida Trial Is Reminding Everyone Of George Zimmerman And Trayvon Martin
(DBN)

High-speed-chase suspect is allowed to leave state to attend Super Bowl
(DBN)

NJ Governor Christie Knew of Bridge Lane Closures, Former Official’s Attorney Says --- Christie's Office Attacks Claims of Ex-Ally's Lawyer
(DBN)

Man used tow truck to steal abandoned cars from Atlanta highways
(DBN)

Police Chop Off Woman’S Hair
(DBN)

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Judges:

Trial begins for judge facing misdemeanor battery charge in dog-waste dispute
(DBN)

Meet the chief judge of the nation’s most divisive, controversial and conservative appeals court
(DBN)

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Wall Street:

US Stock -Index Futures Drop Before Manufacturing Report
(DBN)

Markets Falling Again — Japan Officially Enters Correction
(DBN)

US stocks fall on disappointing earnings; Dow dips 0.94%
(DBN)

Most Expect Stock Turmoil to Pass
(DBN)

10 Things You Need To Know Before The Opening Bell
(DBN)

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Layoffs:

The 20 Happiest Jobs In America
(DBN)

United Airlines dumps Cleveland, 460 jobs go away
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Corporate Reform:

Jamie Dimon's Pay Raise Proves Regulators Don't Get It At All
(DBN)

DOJ Opens Probe Into Firms' Finance Dealings With Libya
(DBN)

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Credit Counseling:

Debt-relief firms have dubious record
(DBN)

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Health & Beauty:

Creation's Garden files for bankruptcy --- CEO Awaits Murder Trial
(DBN)

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Food/Beverage:

Is Quiznos Headed for Bankruptcy?
(DBN)

Companies seek payment via PACA
(DBN)

Speculators buying up Mamtek bonds - Buyers banking on big jury award or settlement
(DBN)

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Mass Torts:

9-figure fund expected for fiery derailment victims
(DBN)

Maine rail bankruptcy likely to spawn more lawsuits
(DBN)

World Fuel Services Sued Over Deadly Derailment
(DBN)

There Should Be a Nuclear Option for Railroads
(DBN)

For Grace, a long road out of bankruptcy court
(DBN)

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Alternative Energy:

Suntech Power planning bankruptcy filing in US --- Suntech Signs Restructuring Support Agreement
(DBN)

Solar Insurance Costs Halve as Cheap Panels Quash Premium
(DBN)

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Video Games:

Bill in General Assembly would stop RI's payments on 38 Studios debt
(DBN)

Curt Schilling and 38 Studios might be getting their own Rhode Island law
(DBN)

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Electricity:

IRS Asks Court to Reject Edison Mission's Ch. 11 Plan
(DBN)

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Shipping:

World Trade's Dirty Secret: Abandoned Ships
(DBN)

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Student Debt:

US Senators Blast Student Loan Profits
(DBN)

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Television:

Crane doing all he can to get Astros on TV
(DBN)

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Advertising:

Here Are All The Ads You Saw In The Super Bowl
(DBN)

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Economy:

Krugman: A world economy destined to seesaw between bubbles and depression
(DBN)

Roubini: Optimism About Emerging Markets
(DBN)

How Will History See Bernanke’s Legacy?
(DBN)

Fisher: Fed Not World’s Central Bank
(DBN)

Fisher Blames Politics for Slow Recovery
(DBN)

Tucker Carlson: Poor people get ‘consumed with envy’ of the 1 percent
(DBN)

4 Big Economic Datapoints Are Coming Out Today --- Monday: Auto Sales, ISM Mfg Survey, Construction Spending
(DBN)

Investment Manager Explains Why 99.5% Of Americans Can Never Win
(DBN)

The Bone-Chilling, Heart-Wrenching Process Of Counting The Nation’s Homeless
(DBN)

Millennials at 30: It's the Economy Not Us
(DBN)

US: Fastest Growing and Shrinking Economies
(DBN)

100 Years of 1% --- And 10%
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

An Astonishing Share Of Homebuyers Are Paying All Cash
(DBN)

Judge Approves Bank of America’s $8.5 Billion Pact
(DBN)

Morgan Stanley: We Don't See Bubbles Developing In The Hotter Local US Housing Markets
(DBN)

Remember The Housing Market 'Shadow Inventory' That Had Everyone Completely Freaked Out?
(DBN)

14 Cities Where House Flippers Are Making A Bunch Of Money
(DBN)

Saga of Opus East, a failed Rockville-based real estate titan, continues in court
(DBN)

The Decrepit Rotting Mansions That Were Owned By Global Billionaires
(DBN)

Arch Capital Closes Acquisition of CMG Mortgage Insurance, PMI Operating Platform
(DBN)

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Municipalities:

Detroit's Debt Restructuring Plan 'Complicated' --- Pension, bondholder cuts at core of Detroit plan
(DBN)

Detroit Said to Demand New Swaps Deal From BofA, UBS
(DBN)

Detroit sues over pension debt deal that quickened bankruptcy --- The Lawsuit, With Exhibits --- Enough Talk, Says Orr; Lawsuit Will Show If Kwame's Pension Debt Deal Was Legal --- City of Detroit sues its own pension funds --- Detroit Criticizes Its Former Mayor in Lawsuit --- 'Disastrous' pension deal
(DBN)

Detroit Ends Fight Over Retiree Health Care for 2014 --- Source: Detroit retirees get a better deal in health care benefits settlement
(DBN)

Detroit's African-American museum needs to be spared, too
(DBN)

How mediation has put Detroit bankruptcy on the road to resolution
(DBN)

Detroit Bankruptcy Exit Plan Threatens Munis as Pensions Favored
(DBN)

Benchmark Detroit: Measuring the Progress of Bankruptcy
(DBN)

Survey of Mich. local leaders: Detroit bankruptcy right, but don't cut pensions
(DBN)

How the next 2 weeks will shape Detroit's future
(DBN)

Jones Day Earns $17 Million in Detroit Bankruptcy So Far
(DBN)

Crowd turns out in response to Normandy school crisis
(DBN)

Rochester: Trouble on the horizon?
(DBN)

Drought-hit California unable to supply state water --- 'Worst drought in 500 years' --- US Cattle Herd Lowest Since 1951
(DBN)

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Personal Finance:

24 Things Millennials Need To Realize About The Real World
(DBN)

For Some, Retirement Is Out of Reach. For Others, Boring.
(DBN)

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Aviation:

Lifestyles of the Rich and Stranded
(DBN)

Collapsed Brindabella Airlines owed creditors $37,697,050
(DBN)

Abu Dhabi-based Etihad enters ‘final’ assessment for Alitalia takeover
(DBN)

Kingfisher says to appeal winding-up plea by creditor
(DBN)

Investors seek to put Eastern Air Lines back in the skies
(DBN)

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Telecoms:

Private equity-backed LightSquared agree on restructuring plan with creditors to get out of bankruptcy
(DBN)

LightSquared, creditors working on consensual restructuring
(DBN)

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Oil/Gas:

Tuscany International Files Bankruptcy on Low Rig Use
(DBN)

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Tax:

US IRS chief says no delay in tax-dodger law; some have doubts
(DBN)

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Retailing:

America's Shopping Malls Are Dying A Slow, Ugly Death
(DBN)

Bankruptcy filing puts Dots on the spot
(DBN)

Report: Eddie Bauer in sale talks with men’s suit retailer
(DBN)

Struggling Retailers Report Change in Shopping Trends
(DBN)

Could Wal-Mart Be the Next Giant Failure in Retail?
(DBN)

Retail Wrecks: Amazon to JC Penney
(DBN)

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Coal:w

Essar Global infuses $150 million into Trinity Coal
(DBN)

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Debt Collection:

Third Circuit Holds that Debt Collectors Must Generally Comply with the Bankruptcy Code and the Fair Debt Collection Practices Act
(DBN)

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New Bankruptcy Opinions
(2 new opinion today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (45 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (96 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:

Bankruptcy filings fall in Ohio for fourth consecutive year
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

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Miscellaneous:

Cravath: Recent Developments in Bankruptcy Law
(DBN)

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Sales:

Are Credit Bids in a Deep Freeze?
(DBN)

Lenders beware: Delaware bankruptcy court limits the amount of a secured lender's credit bid
(DBN)

Credit Bidding in the Wake of Fisker Automotive
(DBN)

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Discharge:

Bankruptcy Court Authorized to Determine Debtor’s Wage Act Liability
(DBN)

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Defamation:

Bite Your Tongue . . . Or Wave the Flag of Absolute Judicial Privilege
(DBN)

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Avoidance Actions:

Avoidance Recoveries: Who Can Be Sued And When?
(DBN)

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Involuntary Bankruptcies:

Sixth Circuit Holds that Section 303(i) Authorizes Reimbursement of Costs and Fees Incurred in Collateral Proceedings, but Bankruptcy Courts Lack Authority to Impose 'Serious' Noncompensatory Punitive Damages
(DBN)

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Claims Trading:

Buyer Beware: Courts Put Claims Trades Under a Microscope
(DBN)

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Cross-Border:

Skadden: Non-US Cos. Can Effectively Restructure Using Ch. 11
(DBN)

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Religion:

Catholic diocese to file for bankruptcy protection --- Helena Diocese filing for bankruptcy in wake of child sex-abuse lawsuits --- Hundreds of abuses cases
(DBN)

Diocese bankruptcy : Church sunk by $15 million abuse settlement
(DBN)

'Not your typical bankruptcy ' filed by Montana diocese
(DBN)

Lawsuit against St. Ignatius Ursuline Academy to proceed, lawyers say
(DBN)

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Celebs:

The Broke and the Beautiful: New House Edition
(DBN)

Vince Young looking to dismiss bankruptcy petition
(DBN)

Baywatch Star Nicole Eggert Files for Bankruptcy — Report --- '90s TV Star Files for Bankruptcy — She Has HOW Much in Bank Account?
(DBN)

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Pensions:

A Long Fight to Get What Was Theirs, in a 401(k)
(DBN)

PBGC Revives Partition Authority
(DBN)

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Sovereigns:

“Dog-Eared” debt and the IMF's sovereign restructuring ideas
(DBN)

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UK:

Kerry Katona denies reports that she is facing third bankruptcy --- Kerry Katona & George Kay reveal all about bankruptcy claims
(DBN)

UK: Real Wages Have Fallen for 50 Years
(DBN)

UK Manufacturing Grows for 10th Month as Expansion Cools
(DBN)

Lloyds Falls as Rising Redress Bill Signals No 2013 Dividend
(DBN)

Hull 'bankruptcy tourism' company crashes
(DBN)

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EU:

Euro Zone Jobless Chart Flatlining
(DBN)

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PIIGS:

The History of the IMF and Greece's Bailout --- Greek manufacturing activity grows for first time in over four years
(DBN)

ie: No sign of light for the ordinary Joe shackled by mortgage --- New insolvency system 'too expensive for the people who need it most'
(DBN)

Bankia misses expectations but boosts lending --- Sale and purchase of a Productive Unit in Spanish liquidation insolvency proceedings
(DBN)

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Canada:

Eagle River Casino to remain open despite bankruptcy
(DBN)

Beleaguered Heenan Blakie loses over 30 partners
(DBN)

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Poland:

Bankruptcy down by a third
(DBN)

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Argentina:

Argentina Bonds Plunge Most as Emerging Markets Tumble
(DBN)

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