January 3, 2014

The Daily Bankruptcy News

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Law:

Litigation Department of the Year
(DBN)

Lawyer Writes Absurd Demand Letter And Gets Called Out In Court
(DBN)

Founder leaves 120-lawyer Texas firm due to disagreement about its future direction
(DBN)

Weil Gotshal Tax Partner Sontag Joins Paul Weiss in N.Y.
(DBN)

Dewey Know Where Former Chairman Steven Davis Is Going Next?
(DBN)

Memorable Quotes for 2013
(DBN)

Beyond Biglaw: Learning To Litigate
(DBN)

The Life of An Attorney: Myth vs. Reality
(DBN)

Response to Brian Leiter's "American Law Schools: The New Economic Realities"
(DBN)

For the first time since 2010, a Skadden fellow is from an unranked law school
(DBN)

Building an Innovative Law Library By Subtracting Essential Services
(DBN)

UK: Life inside the City elite
(DBN)

10 Annoying Habits That Could Cost You Your Job
(DBN)

The New York Times To Obama: Let Snowden Come Home --- Feds Furious at New York Times Editorial --- New NSA Computer Can Hack Anything
(DBN)

Suspended lawyer drops suit over her nude photos
(DBN)

'Wanted' Banker Who Faked His Suicide Captured After Cops Stop Him For Tinted Windows
(DBN)

Oregon’s Weird Placenta Law Will Leave A Bad Taste In Your Mouth
(DBN)

Apple outside counsel agreements have most favored nation clause
(DBN)

Dallas Attorney Dies in Shootout With Police
(DBN)

California Supreme Court Rules An Illegal Immigrant Can Get His Law License
(DBN)

Seeking Sex With Opposing Counsel Leads To Suspension
(DBN)

Teen Throws Boiling Water in Girl's Face for Unfriending Him on Facebook
(DBN)

Say What?!
(DBN)

______________

Judges:

Chief Justice Roberts says continued budget cuts would create safety risk, commercial uncertainty
(DBN)

Jurist Prudence? Candid Judges Speak Out --- Federal judge gives up his celebrated blog after story airs criticism
(DBN)

Delaware Bankruptcy Court Closed Due To Weather --- ED PA Closed --- ED NY Closed --- SD NY Closed
(DBN)

______________

Wall Street:

U.S. Stock Futures Steady
(DBN)

Markets Aren't Doing Anything
(DBN)

Wall Street starts 2014 with decline; investors take profits
(DBN)

______________

Layoffs:

Find Cheap Health Care If You're Unemployed
(DBN)

Maryland casino to interview Atlantic Club workers
(DBN)

13 Resolutions Every Job Seeker Should Make
(DBN)

Up to 700 International Paper workers to lose jobs next month during 2nd round of layoffs
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Alternative Energy:

Fisker seeks rejection of Chinese suitor it blames for its bankruptcy --- Bidding War
(DBN)

Winter weather delays Fisker's bankruptcy hearing
(DBN)

Wanxiang's last-minute bid for Fisker could restart Karma production, add Atlantic hatchback
(DBN)

Fisker, proposed buyer, talk sale of Boxwood plant
(DBN)

Fisker sale takes another twist
(DBN)

Odds dim for Fisker production in Delaware
(DBN)

A U.S. Solar Company Makes A Rare Move: Setting Up Factory In China
(DBN)

____________

Telecoms:

LightSquared Said It Should Benefit From Regulatory Approval
(DBN)

____________

Celebs:

Eddie Montgomery Files For Bankruptcy
(DBN)

The Best Celebrity Legal Mishaps in 2013
(DBN)

____________

Food/Beverage:

Groeb Farms Exits Bankruptcy Protection With Sale to Peak Rock
(DBN)

Wal-Mart Forced to Recall Donkey Meat
(DBN)

____________

Retailing:

Archiver's to close all scrapbooking stores
(DBN)

____________

Fraud:

December 2013 Ponzi Scheme Roundup
(DBN)

Why SAC Capital's Steven Cohen Isn't in Jail --- SAC’s Cohen Focus of Trial as Martoma Rebuffs U.S.
(DBN)

Zeek owner netted more than $10 million
(DBN)

A Real 'Wolf Of Wall Street' Broker Wouldn't Stop Pitching To An SEC Lawyer That Threatened To Report The Firm
(DBN)

____________

Economy:

Unemployment benefit claims fall as signs point to growing economy
(DBN)

IMF Warning: West's Debt Too High, Needs Mass Write-Offs
(DBN)

Gloomy Americans foresee a downhill slide to 2050
(DBN)

The Fed Is About To Strike Back
(DBN)

2014 Poll: Americans Have Little Faith in Government
(DBN)

Growth in Manufacturing to Help Propel U.S. Expansion
(DBN)

All men are created unequal
(DBN)

Billionaires begin 2014 a half-trillion dollars richer: The biggest winners and losers --- The Rich Got a Whole Lot Richer in 2014
(DBN)

Here Are The States That Everyone Moved Into And Out Of In 2013
(DBN)

The Number Of People Living Under $1 A Day
(DBN)

Will 2014 Be the Year the Economy (Finally) Works for Workers?
(DBN)

Millennials May Finally Be Wising Up About Debt
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

Buy-and-rent investors get squeezed
(DBN)

Freddie, Fannie May Be Too Profitable to Close
(DBN)

Construction spending: Strongest pace in years --- Home construction reaches fastest pace since 2008 --- Construction Spending Report Confirms That Some Data Are Just Way Too Unreliable
(DBN)

Stroock moves to toss Tribeca Summit malpractice claims
(DBN)

CFPB seeking information on mortgage closing process
(DBN)

10 Hot Housing Markets To Watch In 2014
(DBN)

___________

Municipalities:

Detroit Bond Insurer Ambac Opposes New Deal on BofA Swaps Contract --- Creditors fight bankrupt Detroit's new swaps settlement; judge to hear arguments Friday
(DBN)

BlackRock steps into Detroit bonds fight
(DBN)

How much can Detroit cash in from regional water deal? City isn't saying
(DBN)

Cautious optimism for post- bankruptcy Detroit
(DBN)

Stockton's 2013: Crucial progress — with setbacks
(DBN)

Bankruptcy Over, But Jefferson County, Ala., Will Remain in the News
(DBN)

The Best and Worst Run Cities in America
(DBN)

____________

Student Debt:

How A Private Company Stacked The Deck Against Student Loan Debtors
(DBN)

The NYT on Intermediaries and Student Loans
(DBN)

____________

Health Care:

Former St. John's Hospital to be converted to residential
(DBN)

Private Investment Firm to Reopen Closed Texas Hospital
(DBN)

Relief, confusion as new health benefits begin
(DBN)

Catholic Employers File Crazy Lawsuit That Claims Filling Out A Form Violates Their Religious Freedom
(DBN)

Bad News for Obamacare: More Insurance Sends More Patients to Pricey ERs
(DBN)

____________

Autos:

Marchionne's Fiat-Chrysler coup the beginning, not the end --- Marchionne Completes Chrysler Mission on a Florida Beach
(DBN)

The Fiat-Chrysler Combination Still Faces Hurdles
(DBN)

With Fiat-Chrysler Deal, Investment Banks Miss Out on Lucrative Fees
(DBN)

Fiat's Deal for Chrysler: What's the Upside?
(DBN)

____________

Weather:

More Than 1,500 US Flights Canceled As Blizzard Barrels Toward Northeast
(DBN)

Winter Storm Blasts The Northeast --- Unreal Aerial View Of Major Snowstorm Slamming The Northeast
(DBN)

The Latest Forecast For How Much It's Going To Snow All Around New York
(DBN)

How The Winter Storm Is Impacting Transit In The Northeast
(DBN)

____________

Aviation:

The final chapter in the Evergreen International Airlines story
(DBN)

Employees pick new American Airlines logo
(DBN)

____________

Oil/Gas:

Rating agencies predict a Milagro bankruptcy
(DBN)

____________

Credit Reporting:

The Evidence on Pre-employment Credit Checks
(DBN)

____________

Toll Roads:

Fast Texas Toll Road Struggles to Pick Up Drivers
(DBN)

____________

Tobacco:

Bankruptcy trustee wants to destroy tobacco companies' books
(DBN)

____________

New Bankruptcy Opinions
(5 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (20 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (7 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:

Nine NH businesses end 2013 filing for bankruptcy
(DBN)

Largest Oregon bankruptcies of 2013
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

______________

Bankruptcy Reform:

Creditors Deserve Better Bankruptcy Reform
(DBN)

____________

Bankruptcy Bonuses:

Bankruptcy Watchdog Objects to Green Field Energy Bonuses
(DBN)

LightSquared Seeks to Extend Management Bonus Package
(DBN)

____________

Secured Debt:

Creditor Didn't Look Before It Leaped: Loses Right To Stop 363 Sale and Credit Bid
(DBN)

____________

Miscellaneous:

Cooley: Absolute Priority Newsletter
(DBN)

____________

Jurisdiction:

Chemerinsky: SCOTUS bankruptcy case tops a busy January session
(DBN)

Ninth Circuit Holds Bankruptcy Courts Have Broad Jurisdiction to Construe Confirmed Plans and Confirmation Orders
(DBN)

____________

Recharacterization:

Recharacterization: The Debate
(DBN)

____________

Finance:

Prepayment Premiums and Make-Whole Payments
(DBN)

____________

Litigation:

The Dolan Company Appoints Chief Restructuring Officer
(DBN)

Watch List: Career Changes in EDD
(DBN)

Do Not Be A Deposition Baddie
(DBN)

____________

Fuel Distribution:

Finance co.’s bankruptcy puts a chill on Upper Valley propane business
(DBN)

____________

UK:

40 Scots a day will be made bankrupt in 2014 according to BDO LLP
(DBN)

Number of 'zombie businesses' fell in 2013
(DBN)

Father-and-son insolvency team recognized for their expertise
(DBN)

Leonard Curtis overtakes Begbies as top insolvency administrators
(DBN)

Baker Tilly blames “low-balling” for decline in profits
(DBN)

BNP Leader Nick Griffin Is Very Happy About Being Declared Bankrupt
(DBN)

Retail administrations fall in 2013
(DBN)

____________

EU:

Euro zone factories end 2013 on a high, but France a worry: PMIs
(DBN)

Three Ways for Europe to Cut Its Debt Load
(DBN)

____________

PIIGS:

Spain's Codere in debt talks to avoid insolvency
(DBN)

ie: Who is set to gain from bankruptcy shake-up? --- It's time to accept that for many, their financial situation is hopeless --- 2013 Business Failures Down 19% compared to 2012
(DBN)

____________

Canada:

Appeal court rules unpaid Hwy. 407 tolls aren't a reason to deny bankrupt drivers permits
(DBN)

____________

France:

Manufacturing Report From France Is Just Plain Ugly
(DBN)

____________

China:

China’s Banks Adopt ‘Living Wills’ to Plan for Less Predictable Future
(DBN)

10 Ways Shopping At Wal-Mart In China Is Completely Different From How It Is In The US
(DBN)

____________

Lithuania:

Number of bankrupt companies in Lithuania grew by 14% in 2013
(DBN)

____________

North Korea:

Kim Jong-Un May Have Killed His Uncle With A Pack Of Hungry Dogs
(DBN)

____________

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