March 10, 2014

The Daily Bankruptcy News

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Law:

Dewey: Inmates running the asylum --- Could Dewey & LeBoeuf Be the Enron of the Legal World? --- Searching for Zachary Warren, the Other Dewey Defendant --- 'Blatant Accounting Fraud' at Dewey --- Emails Aren't Only Challenge in Dewey Defense, Experts Say
(DBN)

Patton Boggs Will Survive, Even With More Reductions, Managing Partner Says
(DBN)

Legal Services Sector Sheds 300 Jobs in February
(DBN)

Is the End of the Country's Lawyer Glut Really Here?
(DBN)

The Decision: Top-20 Law School At A Discount, Or Top-10 At Full Price?
(DBN)

Law School Keeps Price-Gouging Students Up Until The End With Outrageous Graduation Fees
(DBN)

Making Law School Millennial-Friendly
(DBN)

The Great Law School Brain Drain
(DBN)

Consider the Legal Educator's Dilemma
(DBN)

Finding Your Passion In The Law
(DBN)

An Honest Lawyer’s Advice For Young People: Don’t Go Into Law — You’ll Regret It
(DBN)

Claims And Counterclaims Fly As CIA And Senate Exchange Fire
(DBN)

4 law firm hot shots ignored maxim: Don't email
(DBN)

Dentons unveils restructure in wake of Salans and Fraser Milner Casgrain merger
(DBN)

Business of Law
(DBN)

Name partner of shuttered Fla. law firm faces criminal case, wants to ‘get on with his life’
(DBN)

What You Need To Know About The Construction Of A Suit Jacket
(DBN)

High school principal charged with trying to burn down school
(DBN)

Report: FBI urged charges against Sheriff Joe
(DBN)

Man Arrested, Charged With Unlawful Wiretapping For Filming Cop
(DBN)

Discarded Starbucks cup puts police on trail of suspect
(DBN)

This is either the best or worst lawyer commercial ever made
(DBN)

Princesses plead for help as they claim they are being held against their will
(DBN)

Massachusetts Lawmakers Ban 'Upskirting'
(DBN)

Bill to protect schoolchildren from discipline over gun-shaped toaster pastries moves ahead in Fla.
(DBN)

The true lives of low-level drug dealers: “What’s the point of surviving if you can’t live?”
(DBN)

Father of Sandy Hook Killer: He Was Evil
(DBN)

Homeland Security Detained US Citizen Inside The US, Used Intercepted Emails To Quiz Her About Her Sex Life
(DBN)

FBI Probes Gladiator School Prison in US
(DBN)

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Judges:

Bankruptcy Judge Elizabeth Perris to Retire in 2015
(DBN)

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Wall Street:

US Stock -Index Futures Are Little Changed
(DBN)

S&P 500 ends at another record after strong jobs data
(DBN)

______________

Layoffs:

This is what a job in the U.S.’ new manufacturing industry looks like
(DBN)

The Unemployment Rate for Blacks Has Always Been at Least 60 Percent Higher Than for Whites
(DBN)

Don't Be Afraid To Ask These 5 Tough Questions In A Job Interview
(DBN)

College Grads Push Low Paid Workers Out
(DBN)

Indiana Limestone bankruptcy leaves labor an open question
(DBN)

Pa. Second-Worst in the Nation for Job Growth
(DBN)

Illinois Employers Plan 1,000 Layoffs Soon
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Education:

Morris Brown gets court's OK to sell some property
(DBN)

California's coding-camp crackdown
(DBN)

____________

Electricity:

Rising Expectations for KKR Amid Energy Future Bankruptcy Talk
(DBN)

Changing Times For Electric Utilities
(DBN)

____________

Aviation:

Why a US Airways Pilot Kept American Pilots From His Jumpseat
(DBN)

Missing Flight to Weigh on Airline's Finances --- Vietnamese Searchers Spot Suspected Plane Debris --- Frustrated Relatives Demand Action From Airline, Government --- More 'Suspect Passports' Found From Missing Malaysia Flight --- How At Least 2 Passengers Were Able To Board The Malaysia Flight With Stolen Passports --- Pentagon Data Suggests Malaysian Airliner Didn't Explode --- Thai police target 'passport ring' in vanished flight probe --- Why The Malaysia Airlines Jet Might Have Disappeared --- Race for Clues in Malaysia Airlines Jet's Fate --- Distraught Families Await Word in Hotels
(DBN)

____________

Fraud:

Ex-Jefferies Trader Litvak Convicted of Defrauding Buyers
(DBN)

Ex-law partner of convicted Fla. Ponzi schemer charged with campaign contribution violations
(DBN)

Attorney Russell Adler charged in Rothstein Ponzi fraud
(DBN)

____________

Tech:

US Tech Company Had 20 Employees On Missing Malaysia Airlines Flight --- Loss Of 'Very Important' Employees On Malaysia Flight A Big Blow To US Tech Company
(DBN)

____________

Museums:

Here are 2 challenges the Everson museum faces in staging a comeback
(DBN)

____________

Corporate Governance:

RBC Judge Finds Conflicts Tainted Rural/Metro Buyout --- DE Judge: RBC Liable Over 2011 Buyout of Ambulance Operator Rural/Metro
(DBN)

RBC Ruling Strikes a Blow to Banks
(DBN)

RBC rapped over ‘staple financing’ advice
(DBN)

____________

Tax:

Alleged Tax Fugitive’s Bankruptcy Lawyers Want to Question Island Leader
(DBN)

____________

Healthcare:

Bankruptcy not a cure all for NRMC
(DBN)

NRMC baloney impossible to eat
(DBN)

Blood-suckers in Brooklyn: how the old world medicine of leeches survives
(DBN)

____________

Autos:

Bankruptcy terms limit GM liability in crash lawsuits
(DBN)

____________

Television:

Comcast, Rockets reply to Astros' bankruptcy appeal arguments
(DBN)

____________

Publishing:

Seeking a buyer, HDA faces lawsuit
(DBN)

____________

Student Debt:

Lowest proportion of students attending top choice colleges, cost and financial aid a factor
(DBN)

____________

Economy:

Economy adds 175,000 jobs in February; unemployment rate up to 6.7%
(DBN)

Economy Shaking Off Effects of Weather as US Payrolls Climb
(DBN)

Bernanke says energy a 'bright spot,' upbeat on jobs data
(DBN)

Expats renounce citizenship over U.S. tax hassles
(DBN)

Five Bears Who Turned Bullish During Five-Year Rally
(DBN)

Global debt exceeds $100 trillion as governments binge, BIS says
(DBN)

Morgan Stanley: The Treasury Market Is In Trouble
(DBN)

19 Things America Does Better Than The Rest Of The World --- Six Ways America Is Worse Than A Third-World Country
(DBN)

4 States Where the Rich Got Richer at the Expense of the Poor
(DBN)

Financial Crisis at 5: States Pick Up Pieces
(DBN)

Soros Blasts Parasite Banks
(DBN)

Highest Minimum Wage States Wins the Jobs
(DBN)

Pew Research Study Shows Millennials Are Optimistic About Future
(DBN)

CA: Most Millionaires, Most on Food Stamps
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

Household Mortgage Equity Withdrawal Is Still Negative
(DBN)

Mortgage Market Gets Reshuffled - Business of Servicing Home Loans Is Moving Away From Banks
(DBN)

Westhus Reaping Fannie Windfall to Rival Big Short
(DBN)

Woman Dead For Six Years Found Only After Mortgage Payments Stopped --- How Mummified Michigan Woman Went Unnoticed
(DBN)

'Boomerang' buyers get another chance at homeownership
(DBN)

New-Home Building Is Shifting to Apartments
(DBN)

Developer given eight years in prison for defrauding banks
(DBN)

Involuntary bankruptcy is rare, but contractors want to find if Weiss Homes has assets to pay debts
(DBN)

___________

Municipalities:

Judge reschedules trial on Detroit bankruptcy plan --- City scrambles for creditor support
(DBN)

Mayor Mike Duggan building relationships to rebuild Detroit
(DBN)

DIA grand bargain could prove to be a work of art, but not a done deal
(DBN)

Detroit’s Income Tax: Unique? Collectible? Copied?
(DBN)

Picking Apart Detroit To Make It Whole Again
(DBN)

A GoPro On The Train That Runs Through Bankrupt, Decrepit Detroit
(DBN)

What can Detroit learn from post-Katrina NOLA?
(DBN)

Crime and faith in a bankrupt city
(DBN)

We are all Detroit: The real story behind the city's pension fight
(DBN)

City Versus Suburb A Longstanding Divide In Detroit --- Suburbs can't abandon Detroit again
(DBN)

Benton Harbor emerges from financial emergency
(DBN)

Is Chicago the Next Detroit?
(DBN)

After spending nearly $20 million over decade, Jefferson County to scrap financial system
(DBN)

North Las Vegas explores its dwindling options for economic recovery
(DBN)

Declining enrollment is forcing school districts in WNY to consider merging in order to survive
(DBN)

NYC Property Tax Change Seen Yielding $4 Billion Windfall
(DBN)

Public Pension Red Alert
(DBN)

US public pensions need more than investment windfall
(DBN)

Buffett: Public Pensions Are a 'Financial Tapeworm'
(DBN)

____________

Currency:

Did the real Satoshi Nakamoto just say Newsweek has wrong guy? --- Alleged Bitcoin creator denies he's the one --- The only way we can take bitcoin seriously
(DBN)

Japan just realized that it’s now the center of the bitcoin universe
(DBN)

Hackers Hit Mt. Gox Exchange's CEO, Claim To Publish Evidence Of Fraud
(DBN)

Lost in translation: the tangled tale of Mt. Gox's missing millions --- Hackers Claim Mark Karpeles Lied About Bitcoin Balance --- Hackers claim MtGox still has access to 'missing' Bitcoin --- Mt. Gox hackers post Bitcoin balances on CEO's own blog --- Anonymous hackers uncover alleged proof of MtGox fraud from site’s CEO
(DBN)

Bitcoin Backers Propose Goxcoin to Cover MtGox Losers
(DBN)

Bitcoin refuses to flip: Virtual currency stays strong despite bankruptcies
(DBN)

Bankrupt Bitcoin exchange attacked 150,000 times per second
(DBN)

For Bitcoin Sleuths, Things Get Curiouser and Curiouser
(DBN)

Forget Mt. Gox: Bitcoins Will Still Be Your Future Currency --- Why bitcoin isn't dead yet --- Here's why Bitcoin matters
(DBN)

Roubini: 'Bitcoin Is A Ponzi Game And A Conduit For Criminal Activities'
(DBN)

____________

Gambling:

Caesars Casino Sale Seen Ending in Losses for Bondholders
(DBN)

____________

Chemicals:

Plextronics $32.6M sale to Solvay America receives OK
(DBN)

___________

Retailing:

RadioShack execs take care of No. 1
(DBN)

The Mall Is Dead, And It's Taking Sbarro With It --- Why Mall of America is expanding as many retailers implode
(DBN)

Why JC Penney May Be a Better Turnaround Bet Than Sears
(DBN)

JC Penney Faces a Long Road to Breakeven
(DBN)

____________

Celebs:

The Broke and the Beautiful: Guilty Edition
(DBN)

Teresa Giudice says she's keeping her kids 'protected' after pleading guilty
(DBN)

'Chrisley Knows Best': Inside Todd Chrisley's $45 Million Bankruptcy Case
(DBN)

____________

Video Games:

RI senator denied access to 38 Studios case documents
(DBN)

____________

Festivals:

Court probes festival's large debts
(DBN)

____________

Politics:

Norquist: Only 6 Who Can Win in 2016
(DBN)

Top Senate Republican Vows To 'Crush' The Tea Party Everywhere
(DBN)

____________

Alternative Energy:

Why The Future Of Solar Is Bright Despite Subsidy Cuts
(DBN)

Delaware company said to be interested in buying troubled Pasco biofuels firm
(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 (29 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (16 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)

Spreecast: Blackstone’s Steve Zelin on What’s Ahead in Bankruptcy
(DBN)

______________

Bankruptcy Statistics:

 

Interactive Bankruptcy Statistics Map
(DBN)

______________

Exemptions:

Scalia Throws Bankruptcy Surcharging To The Mat
(DBN)

The Supreme Court Says, “No Need to Spare the Rod, but Don’t Spoil the Fraudulent Debtor’s Exemptions Either”
(DBN)

Fifth Circuit Erodes Protection for Texas Homesteads Sold After Filing
(DBN)

____________

Humor:

____________

Cross-Border:

1924 and today
(DBN)

____________

Sovereign Debt:

IMF unveils true picture of debt
(DBN)

____________

Debt Collection:

Debt collection firm DECA faces legal battles
(DBN)

____________

Bankruptcy Crimes:

Consultant convicted of bankruptcy fraud
(DBN)

____________

Shipping:

Private equity catches shipping wave
(DBN)

____________

Golf:

Prairie Village country club finds itself in the rough
(DBN)

____________

Food/Beverage:

Republic of Texas Hopes To Exit Bankruptcy Soon
(DBN)

____________

UK:

Lenders take control of LA fitness gyms
(DBN)

____________

EU:

EU Aims For Deal On Tackling Failing Banks
(DBN)

Eurozone banks' sovereign exposure hits new high
(DBN)

Big banks face up to €10bn in legal costs
(DBN)

____________

PIIGS

Spain Changes Bankruptcy Law to Help Companies Restructure --- Spain Overhauls Rigid Bankruptcy Laws to Help Ailing Firms --- Santander Headquarters Owner Files for Protection From Creditors --- Spain struggles to pull together multibillion euro highway bail-out
(DBN)

ie: How to lose it all in double time --- Nama curiously tight-lipped on breakdown of fee bonanza --- When the dust settles, who's still standing? --- Law firm in Dunne bankruptcy seeks payment --- From buying flats in Bulgaria on a credit card to bankruptcy --- McNamara finally discharged from his €1.2bn bankruptcy
(DBN)

____________

Canada:

Canada Unexpectedly Loses Jobs In February
(DBN)

Penn West loss widens on charges as restructuring continues
(DBN)

____________

France:

French steel firm Ascometal goes into administration
(DBN)

____________

Germany:

German industrial production rises in January
(DBN)

Taylor Wessing helps German insolvency administrator claim damages
(DBN)

____________

Brazil:

Brazilian Billionaire, Eike Batista, Has Lost His Fortune
(DBN)

Want to Own a Piece of Latin America's Biggest Bankruptcy?
(DBN)

____________

Ukraine:

Ukraine considers debt reprofiling --- Bank of Russia says preventing bankruptcy of Ukraine bank's Moscow unit --- The Standoff In Crimea Has Been Nothing But Bad News For Russia's Economy --- Ukraine Recruiting Its Oligarchs To Prevent Pro-Russia East From Seceding --- 'EU has to fudge the admission criteria to make Ukraine eligible' --- Kerry's Troubling Threat Over Crimea --- Former Russian Oligarch: The Kremlin Is Lying About Ukraine --- Obama Advisor: US Won't Recognize Crimea Annexation --- Crimea and the morality of secession --- Russian Forces Tighten Grip On Crimea --- Crimea: Thousands Take Part in Rival Protest Rallies --- Liam Neeson And Obama Send A Message To Putin In 'SNL' Cold Open --- Putin mocks the West and threatens to turn off European gas supplies --- Republicans Press Obama Over Crimea --- Hague Says Russia Could Provoke Shooting Conflict in Ukraine --- Ukraine Crisis: Deep and Dark Roots --- Bush's Defense Secretary Destroys GOP Talking Points Against Obama's Handling Of Crimea --- Will Ukraine Be Putin’s Undoing?
(DBN)

____________

China:

Default threat: Bubble behind the Chinese Wall
(DBN)

Chaori to Sell Solar Farms to Repay Bondholders After Default
(DBN)

China Gets Demolished
(DBN)

5 Signs China's Credit Markets Are Weakening
(DBN)

Here's The Chart Of Chinese Exports Everyone Will Be Talking About Today
(DBN)

____________

Austria:

Austria's Nowotny Prefers Hypo Alpe Bad Bank Over Insolvency --- Nowotny supports Hypo bad bank without state guarantees
(DBN)

Hypo Group’s Final Report Eagerly Awaited
(DBN)

S&P: Hypo Group Bankruptcy Would Trigger Downgrade in Austrian Banking Sector
(DBN)

Austria's Hypo bank wind-down may spell austerity measures
(DBN)

____________

Serbia:

Devastated Serbia economy puts hope in election and reform
(DBN)

____________

Venezuela:

Panama demands Venezuela pay $1bn debt
(DBN)

____________

North Korea:

Kim Jong Un Elected with 100% of the Vote
(DBN)

__________

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