June 10, 2014

The Daily Bankruptcy News

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Law:

Survey says BigLaw growth is highest since 2007, due to . . . foreign mergers
(DBN)

Supreme Court rules on bankruptcy court jurisdiction
(DBN)

These 2 Law Schools Show Why Legal Education Is A Disaster
(DBN)

Update On The Battle For Charleston
(DBN)

Law Professor Decides It’s Time To Stop Ripping Students Off
(DBN)

It's a Good Time to Be an Associate - Abroad
(DBN)

JD Class of 2014 - Will you be able to get any middle-class job, never mind one practicing law?
(DBN)

The Trouble with Billing Rates
(DBN)

Biglaw Firm Could Get Hit With Discovery-Related Sanctions
(DBN)

4 Top Tidbits From The Latest Batch Of Clinton Papers
(DBN)

Lawyers Ain’t Afraid Of No Ghosts
(DBN)

The Costs of Corporate Bankruptcy : How Little We Know
(DBN)

Houston law firms rank high in national survey
(DBN)

Expose Your Weakness — Now!
(DBN)

Two Fox Rothschild Lawyers Accused in Hotel Bilking Scam
(DBN)

Law firms can't call nonlawyers 'CEO' or 'chief technology officer,' ethics opinion says
(DBN)

Report: White supremacist Walmart ‘revolution’ shooters were kicked off Bundy ranch
(DBN)

Worthwhile Ways of Getting the GC's Attention
(DBN)

In-house and Outside Counsel Face Similar Challenges
(DBN)

5 Ways Your LinkedIn Profile Could Be Hurting Your Career
(DBN)

Are Your Outside Law Firms Endangering Your Files
(DBN)

How to Shine in Panel Interviews for In-house Jobs
(DBN)

Think You're An Introvert? You're Probably Wrong
(DBN)

8 Tricks For Falling Asleep On A Plane
(DBN)

Dear Lawyers: If Two Women Want You In Their Threesome, They’re About To Rob You
(DBN)

Lawyers say the real “Orange is the New Black” jail is worse than the fictional one
(DBN)

UK firm secures three-way
(DBN)

Donald Sterling Pulls Out Of Clippers Sale To Resume Lawsuit Against NBA
(DBN)

Shots fired into law firm wall; man is arrested
(DBN)

Do Jurors Have a Right to Wear Sneakers?
(DBN)

Bigmouth Law Professor Flubs Research, Defends Racists
(DBN)

Say What?!
(DBN)

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Judges:

District Of Delaware U.S. Bankruptcy Judgeship Vacancy
(DBN)

Ex-judge is sentenced to 4 years in federal corruption case
(DBN)

Judge fines man $50 for saggy pants despite lawyer's claim they revealed gym shorts
(DBN)

More Turnover In Corporate America’s Top Court
(DBN)

7th Circuit holds do-over after secret hearing was recorded but public argument wasn’t
(DBN)

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Wall Street:

Stocks futures slip ahead of jobs and inventory data
(DBN)

World stocks mostly rise on global growth optimism
(DBN)

Dow, SP 500 score fresh highs
(DBN)

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Layoffs:

Update: 41-Year-Olds and the Labor Force Participation Rate
(DBN)

The Grim Relationship Between Depression and Unemployment
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Healthcare:

Palm Drive - Open Our Hospital
(DBN)

Uninsured and on the Wrong Side of a State Line
(DBN)

VA Halted Visits by Turnaround Experts to Troubled Hospitals
(DBN)

Nearly 60,000 Veterans Face Delays Receiving Health Care - VA Audit --- 100,000 Vets Face Long Wait for VA Care --- Top VA Official: 'It Is Indefensible.'
(DBN)

Here Are The Leading Causes Of Death In 1900 Compared To 2010
(DBN)

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Retailing:

It's Time To Book Profits On J.C. Penney
(DBN)

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Alternative Energy:

U.S. Bankruptcy Court Approves June 18, 2014, Auction of Electric Motorcycle Maker Vectrix, Assets
(DBN)

Judge Clears Fisker Creditors to Vote on Chapter 11 Payout
(DBN)

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MLM:

Ackman: I Believe Arrests Are Coming In The Herbalife Story
(DBN)

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Fraud:

Who Has Dibs On Rothstein Saga?
(DBN)

Dancing Kia Hamster Was Collecting Disability
(DBN)

____________

Hotels:

Canyon Ranch Hotel in Miami Beach could get new management after bankruptcy sale
(DBN)

____________

Economy:

Goldman's Top Economist Just Made The Call We've Been Waiting 5 Years To Hear
(DBN)

Half of College Grads Rely on Parent's Money
(DBN)

Fed's Tarullo mulls new rules for bank boards
(DBN)

Private debt, not U.S. deficit, stalls growth
(DBN)

The Fed Is Struggling To Pick Up Useful Signals From The Unemployment Rate
(DBN)

1 in 10 New Yorkers don’t have bank accounts
(DBN)

Consumers’ First-Quarter Credit Card Payoffs are Declining Credit card data analysis shows overall debt could increase $41.9 billion by the end of this year, but default rates seem to be stabilizing.
(DBN)

IMF warns of key risks despite end of 'Great Recession'
(DBN)

The wealthiest countries in the world
(DBN)

Recession-Related Racism
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

5 Lessons From Buying A House In Westchester While Poor?
(DBN)

Phoenix Real Estate in May: Sales down 21%, Cash Sales down 40%, Inventory up 47%
(DBN)

Cook County home repossessions double in May
(DBN)

Las Vegas Back From the Bust Revives Dead Projects
(DBN)

Housing Tracker Existing Home Inventory up 10.9% year-over-year on June 9th
(DBN)

Lawler on Hovnanian: Home Sales Soft without “Big Deals”
(DBN)

May US Foreclosure Activity Down 26%
(DBN)

Length of Time To Dispose of CMBS REO Properties Increasing
(DBN)

____________

Municipalities:

Detroit bankruptcy trial delayed three weeks --- Judge pushes hearing on debt plan to Aug. 14
(DBN)

Detroit automakers commit $26 million to aid bankrupt city's retirees --- Pledges to DIA's goal, grand bargain are almost too good to be true --- Contributions from Auto Giants Could Be Contagious
(DBN)

Amid cooperation over Detroit 'grand bargain,' retirees' votes key question
(DBN)

Detroit retirees, mulling pension cuts, inundated with legalese
(DBN)

Bill prohibiting 38 Studios payment to be heard
(DBN)

Stockton Bankruptcy Judge May Issue Two Rulings
(DBN)

____________

Celebs:

George Clooney And Lawyer Bride Planning Venice Wedding
(DBN)

____________

Music:

Disruption: The Day The Music Died
(DBN)

____________

Banking:

1st Mariner buyers win regulatory approval
(DBN)

____________

Autos:

GM's successful bankruptcy reorganization still political, economic controversy
(DBN)

How G.M.'s Lawyers Failed in Their Duties
(DBN)

GM ignition-switch plaintiffs seek to reopen case settled in 2008
(DBN)

Woman sues GM over criminal conviction resulting from car crash
(DBN)

General Motors Cases Consolidated, Sent to Federal Court in Manhattan --- New York judge to oversee GM lawsuits
(DBN)

In Wake of GM Report, Plaintiffs’ Lawyers Begin to Marshal Forces
(DBN)

GM’s legal department increasingly the focus of investigations after ignition switch defect
(DBN)

A (Partial) List of People Who Had A Chance To Change GM's Culture
(DBN)

GM investors may use meeting to grill CEO Barra
(DBN)

Families Affected By GM Negligence Protesting at Detroit HQ
(DBN)

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Personal Finance:

6 Things You Should Never Borrow Money To Buy
(DBN)

7 Common Pieces Of Financial Wisdom You Shouldn't Follow
(DBN)

Parents Are Spending $1,000 To Have Professionals Pack Their Kids' Suitcases For Summer Camp
(DBN)

____________

Mass Torts:

Attorneys address Garlock ruling’s impact on asbestos defense attorneys
(DBN)

SCOTUS: BP Keep on Paying Your Spill Claims
(DBN)

____________

Shipping:

Genco equity panel charges company valuation cherry-picks data
(DBN)

____________

Corporate Governance:

Sorry, But the CEO's Divorce Is the Board's Business
(DBN)

____________

Uranium:

GAO: Feds broke laws to help uranium company
(DBN)

____________

Gambling:

IRGC attorney asks Pa. judge to dismiss Iowa casino Chapter 11 filing
(DBN)

Bankruptcy hearing begins in Pennsylvania which could delay Argosy Casino closure
(DBN)

____________

New Bankruptcy Opinions
(3 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (21 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)

______________

Bankruptcy Statistics:

Interactive Bankruptcy Statistics Map
(DBN)

______________

Equity:

Did Law v. Siegel Sound the Death Knell for the Equity Powers of the Bankruptcy Court?
(DBN)

___________

Jurisdiction:

Supreme Court Rules on Scope of Bankruptcy Authority --- Supreme Court Decides Case With Echoes Of Anna Nicole Smith --- Still Stern --- Unanimous Supreme Court Closes Statutory Gap, Leaves Other “Core” Stern Questions For Another Day --- Stern II, now time for Stern III --- The Supremes Dodge Again
(DBN)

Bankruptcy Doesn't Have to Be So Messy
(DBN)

____________

Precedent:

Third Circuit Predicts Pa. High Court View on Bankruptcy Issue
(DBN)

____________

Pensions:

US Pensions 'Cash Negative' by 2016
(DBN)

____________

Currency:

CoinLab Agrees to Support Mt. Gox's U.S. Bankruptcy Efforts
(DBN)

____________

Politics:

Hilary: 'We Came Out Of White House Dead Broke'...
(DBN)

____________

Student Debt:

Obama Announces Expansion Of Student Loan Relief Plan That Will Help 5 Million With College Debt
(DBN)

Student loan debate in DC spotlight
(DBN)

Democrats, GOP spar on student loan debt
(DBN)

Warner says US student debt has surpassed credit card debt
(DBN)

Student Debt Blows Chill Wind At Housing Recovery
(DBN)

The growth of student loan debt: causes and consequences
(DBN)

____________

Finance:

Banks search for loopholes in leveraged loan guidelines
(DBN)

Energy Future casts long shadow on Index returns, default rates
(DBN)

____________

Aviation:

Khazanah Says Malaysian Air Funds Allows Time for Restructuring
(DBN)

____________

Publishing:

Dolan Co. Bankruptcy Plan to Give Lenders Ownership OK’d --- Dolan Co. prepackaged reorganization plan nets confirmation
(DBN)

____________

Mining:

Veris Gold Files Nevada Bankruptcy to Shield U.S. Assets
(DBN)

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Accounting:

Deloittes Enter the Legal Arena
(DBN)

____________

Sovereigns:

Judge Won't Act On Argentina Default Memo
(DBN)

US Supreme Court to decide on holdouts
(DBN)

____________

UK:

U.K. Industrial Output Rises Most Since 2011
(DBN)

____________

PIIGS:

Wilbur Ross to Cash Out 5.5% Bank of Ireland Stake
(DBN)

US official queries if Seán Dunne and Gayle Killilea are divorced--- Bankruptcy trustee to seek Irish court documents
(DBN)

____________

Brazil:

Economists cut view of Brazil's economic growth
(DBN)

____________

China:

China's Half-Hearted Plan To Stimulate The Economy
(DBN)

China's Most Famous Ghost City Got Even Worse In The Last 4 Years
(DBN)

China Now Has More Millionaires Than Any Country but the U.S.
(DBN)

____________

Israel:

Director of bankrupt Hadassah Medical Center resigns
(DBN)

____________

Ukraine:

Nationwide Pyramid Scheme Run By A Yanukovych Crony Squeezed $11 Billion From Ukraine
(DBN)

____________

Netherlands:

Sharp fall in bankruptcies
(DBN)

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