June 3, 2014

The Daily Bankruptcy News

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Law:

Top NY court to hear arguments on unfinished-business claims concerning failed law firms --- Attorneys and Creditors Face Off in Court Over Fee Dispute
(DBN)

Pillsbury Winthrop will move some legal work to its back-office operations center in Nashville
(DBN)

Buchanan Ingersoll & Rooney opens Denver office with banking attorneys
(DBN)

More Partner Departures At Bingham
(DBN)

Law Firm Failure and the Fees That Follow
(DBN)

Federal Judge Stays SEC Case Against Dewey Leaders
(DBN)

Economists back up lawyers in merger reviews
(DBN)

Seventh Circuit calls class action settlement ‘scandalous,’ removes Paul Weiss as attorney --- Pella Class-Action Settlement Is So Bad Judge Tosses Lawyer And His Father-In-Law Lead Plaintiff
(DBN)

The Top 10 Law Schools For Best ‘Social Life’ (2014)
(DBN)

Retired Wash U law professor is elected president of Malawi
(DBN)

Biglaw Will Turn You Into A Big Jerk, Says Famous Ex-Associate
(DBN)

This lawyer took two lower-paying jobs in a row and was happier; now he writes on SCOTUS for the NYT
(DBN)

Do Solos And Smalls Have A Hometown Advantage?
(DBN)

BigLaw: (Brutal) Lessons Learned
(DBN)

The Best 50 iPhone Apps
(DBN)

Why lawyers will love iOS 8
(DBN)

10 Best "Party" Law Schools?
(DBN)

Was motorcycle trip a rainmaking event? Appeals court says no, denies workers comp to injured lawyer
(DBN)

Women Are All Scheming Biatches Per Female Divorce Attorney
(DBN)

Woman loses $13K in juror scam
(DBN)

The NRA Condemns Gun Activists --- Gun Activists Cut Up NRA Member Cards Over Criticism Of AR-15s In Restaurants
(DBN)

San Francisco Cops Have A Truly Bizarre Plan To Catch Bike Thieves
(DBN)

A Conversation With John Grisham
(DBN)

Texas Lawyer Gets 20 Years for Felony Theft
(DBN)

Two 12-Year-Olds Allegedly Stabbed Third to Please Mythological Creature, To Be Tried As Adults
(DBN)

Man Stabbed to Death Over Wedding Leftovers and Cans of Sterno
(DBN)

Driver Blames 'Time Warp' for Crash That Killed N.Y. Trooper
(DBN)

Casey Kasem's Wife's Biblical Raw Meat Attack
(DBN)

Obama circumvents laws with ‘signing statements,’ a tool he promised to use lightly
(DBN)

There's A Huge Problem With Donald Sterling's $1 Billion Case Against The NBA --- How Much Every NBA Team Is Worth Based On The Clippers' $2 Billion Price Tag --- Donald Sterling Sued by Alleged Ex-Lover for Racial Discrimination, Sexual Harassment
(DBN)

Mug Shots
(DBN)

Say What?!
(DBN)

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Judges:

NV BK Court Introduces Electronic POC Filing
(DBN)

Report: Lawyer uses wife’s car, with her judicial license plate, to park in courthouse lot
(DBN)

Federal Judge On Female Court Attire: Once more into the fray, but gently
(DBN)

Judge Allegedly Punches A Public Defender After Berating Him In Court
(DBN)

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Wall Street:

US stocks seen lower despite upbeat China data
(DBN)

Stocks recover after manufacturing report revised
(DBN)

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Layoffs:

The Slowest Jobs Recovery In The World
(DBN)

Barclays Said to Start Cutting Jobs in Investment Banking Unit
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Fraud:

Icahn, Mickelson insider trading hard to prove --- If Phil Mickelson Traded On Carl Icahn's Tips, He's A Hero For Doing So --- Taste for Risk Fueled Career of Bettor in Probe
(DBN)
(DBN)

9th Circuit Affirms BurnLounge Judgment
(DBN)

Ex-Refco Executives Hit With $672 Million Court Judgment
(DBN)

10 Biggest Frauds in Recent US History
(DBN)

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Religion:

Federal appeals judges question Milwaukee archdiocese's claims about cemetery trust fund --- Judge asks about cost of Milwaukee cemeteries
(DBN)

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Electricity:

Here's How Much Obama's New Carbon Rule Will Really Cost
(DBN)

Texas Needs Biggest Cut to Comply With Climate Plan
(DBN)

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Hockey:

The Coyotes Bankruptcy : A Retrospective - Part I
(DBN)

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Consultants:

Prime Clerk Expands Its Senior Consulting Team
(DBN)

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Waste:

Former Creative Recycling CEO mired in lawsuit as company faces Regions suit, layoffs
(DBN)

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Corporate Reform:

France questions massive fine US wants for bank
(DBN)

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Apparel:

Hardwick Clothes rejects last minute rival offer
(DBN)

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Economy:

ISM Reports That Manufacturing Activity Decelerated In May --- ISM corrects May factory data after hours of confusion --- U.S. Factories Expanded in May, Recalculations of ISM Data Show --- A Cringeworthy Economic Data Blunder Rocked Wall Street
(DBN)

A Third Of America's 18- To 34-Years-Olds Live With Their Parents
(DBN)

Krugman: On Inequality Denial
(DBN)

Fed-induced wealth raw deal for 99%: Piketty
(DBN)

Rate rises will come despite lower bond yields
(DBN)

Economy is Back, but You Don't Feel Recovered
(DBN)

Today We'll Get A Good Sign About Whether The Economy Really Recovered
(DBN)

Our Economy May Never Fully Recover
(DBN)

Recovery Behind the Political Extremism?
(DBN)

Bonds: Signaling Recession or a Crash?
(DBN)

Elizabeth Warren: 'Wealth trickles up'
(DBN)

GOP: Pay for Roads with Less Mail Delivery
(DBN)

Seattle approves $15 minimum wage
(DBN)

Is it too expensive to be poor in America?
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Nearly 2 million modified mortgages face interest rate resets
(DBN)

Housing Tracker Existing Home Inventory up 10.5% year-over-year on June 2nd
(DBN)

Bankruptcy Court Holds that Section 521(a)(2) Is More Than a Mere Notice Statute
(DBN)

Idaho luxury home items center of legal battle
(DBN)

10 Things That Will Make It Harder To Sell Your Home
(DBN)

How The Boom In Apartment Buildings Is Hurting The Job Market
(DBN)

Judge stalls sale of Colony estate as two developers vie for assets
(DBN)

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Municipalities:

Why the federal government should help bail out Detroit
(DBN)

Business buys into Detroit's progress
(DBN)

Senate panel to consider Detroit bankruptcy bills
(DBN)

Detroit bankruptcy adviser: More U.S. cities to go bankrupt
(DBN)

Detroit EM office reviews bids to privatize Water and Sewerage Department
(DBN)

Protesters oppose repayment of 38 Studios bond
(DBN)

Puerto Rico Proves Worst Debt Produces Best Return
(DBN)

S&P puts New Jersey on notice of possible ratings cut
(DBN)

San Bernardino continues budget cut talks
(DBN)

Pension crisis demands action
(DBN)

The 10 Most Expensive US Cities To Live In
(DBN)

The Drunkest States In America
(DBN)

Cities with Under 4% Unemployment
(DBN)

How To Behave On The Subway In 5 Major Cities
(DBN)

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Healthcare:

Edgewater Medical Center Could Be Sold to Developer for $7.5 Million
(DBN)

Kern Medical Center plans department closures, layoffs
(DBN)

Layoffs Begin At Yukon-Kuskokwim Health Corporation
(DBN)

Hartford HealthCare Announces Job Cuts
(DBN)

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Construction:

U.S. construction spending hit five-year high
(DBN)

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Tax:

US says 77000 banks, firms sign up to fight tax evasion
(DBN)

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Retailing:

RadioShack Earnings Preview: Is The Company Going Bankrupt ?
(DBN)

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Autos:

The Man Behind The Big Report Due Soon On GM's Recall Crisis
(DBN)

GM investigation reaching pivotal moment
(DBN)

'Dead' cars help GM sales dodge recall backlash
(DBN)

Auto Buyers Load up on Record Amount of Loans
(DBN)

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Celebs:

Teresa Giudice Husband Joe Giudice Turning to Alcohol As Sentencing Date Nears? RHONJ Husband Spotted Drunk and Solo at Nightclub Amid Fraud Trial
(DBN)

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Fishing:

Deloitte: Pescanova was in bankruptcy since 2011
(DBN)

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Telecoms:

Nortel's body lies a mouldering in the grave but the lawyers keep marching on
(DBN)

____________

Politics:

GOPer Changes Name To Cesar Chavez, Becomes A Dem To Run In Hispanic District
(DBN)

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Small Business:

Banks Plan to Offer More Small Business Loans - But most businesses’ perceptions about access to credit have not changed.
(DBN)

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New Bankruptcy Opinions
(1 new opinion today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (30 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)

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Bankruptcy Statistics:

WD NY bankruptcy filings continue to decline
(DBN)

Toledo: Bankruptcy filings fall for 13th straight month
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

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Recharacterization:

BAP Holds Recent Supreme Court Decisions Do Not Limit Power to Recharacterize Debt to Equity
(DBN)

Court Denies Creditor Derivative Standing to Seek Recharacterization of Equity Sponsors' Debt Claims
(DBN)

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LBOs:

LBO Defaults Set to Reach A High This Year, Fitch Says
(DBN)

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Sales:

Successful Bidder Must Pay Damages (In Addition to Forfeiting Deposit) After Backing Out of Sale – At Least in Certain Circumstances
(DBN)

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Rights Offering:

OSG Bankruptcy Highlights Usefulness of Rights Offerings
(DBN)

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Recent Pleadings:

Senior Subdebt In Momentive Cries Foul
(DBN)

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eDiscovery:

Let’s Not Print Social Media For Productions
(DBN)

Standing Committee OKs Federal Discovery Amendments
(DBN)

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Food/Beverage:

Contractor says Hellwig recruited him to return to beef plant project
(DBN)

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Shipping:

Bell tolls for Eagle Bulk
(DBN)

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Oil/Gas:

Cook Inlet gas explorer Buccaneer Resources files for bankruptcy --- Troubled Buccaneer files for bankruptcy, ending bid to produce Cook Inlet oil, gas
(DBN)

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Personal Finance:

6 Monthly Costs To Drop Right Now
(DBN)

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Mattresses:

Shelton Factory Seeks Bankruptcy Protection
(DBN)

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Compensation:

Pay rises for senior bankers hit 10% Financial Times
(DBN)

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Television:

Deadline nears for reorganization plan in CSN Houston case
(DBN)

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Resorts:

Judge rules against Jack Antaramian, saying he had no right to foreclose on Naples Bay Resort club
(DBN)

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Mass Torts:

Judge clearing way for demolition of Freedom Industries tanks
(DBN)

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Religion:

5 things to know about Milwaukee church bankruptcy
(DBN)

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Sovereigns:

Did Argentina lie to the U.S. Supreme Court?
(DBN)

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UK:

Corporate insolvencies likely to rise through 2014
(DBN)

HMRC nets a record £23.9bn in tax revenue
(DBN)

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EU:

New World Resources outlines debt restructuring
(DBN)

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PIIGS:

Deserted Blackjack Tables Showing Codere's Hand
(DBN)

Etihad details criteria for equity investment in Alitalia
(DBN)

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Hong Kong:

Liquidators urge speedy action on Hong Kong corporate rescue bill
(DBN)

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Brazil:

Brazil's Oleo e Gas expects Atlanta field first oil in late 2015
(DBN)

Pimco-Led Group Closer to Control of Batista's Oil Unit
(DBN)

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China:

China PMIs fuel hope economy is stabilizing, property still a wild card
(DBN)

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New Zealand:

Postie Plus put in administration, shares suspended
(DBN)

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