March 12, 2014

The Daily Bankruptcy News

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Law:

The 11 Best Law Schools In America --- The Upshot of the Latest U.S. News Law School Rankings
(DBN)

Snapshot: George Mesires
(DBN)

Duke Breaks Top 10 in U.S. News Rankings: Business of Law
(DBN)

Qui Tam: Partners
(DBN)

Who Will be Star Witnesses If Dewey Case Goes to Trial?
(DBN)

Beyond Biglaw: Battle Of The Titans
(DBN)

Business of Law
(DBN)

Seeking Hard-Working Lawyer To Make Less Than A Contractor
(DBN)

University of Detroit Mercy names new law school dean
(DBN)

Washington & Lee’s Dean Speaks — But Doesn’t Say Much
(DBN)

Apple releases iOS 7.1
(DBN)

Is it properly “brinkmanship” or “brinksmanship”?
(DBN)

This Client Looks A Bit Questionable
(DBN)

'Risk-Free' J.D. Offers Students a One-Year Escape Hatch
(DBN)

A Reporter Called About Your Case. Now What?
(DBN)

Senator Dianne Feinstein Rips The CIA, Says It May Have Violated Constitution By Spying On Congress --- Senate: OK to Spy on Us, Just Not Spy on Them --- Snowden slams hypocrisy --- CIA director: We didn't hack Senate computers
(DBN)

‘Mudslinging’ motions by McDonnell lawyers compare prosecutors to Caligula
(DBN)

California Man Gets 14 Years In Prison For Aiming Laser Pointer At Police Helicopter
(DBN)

'Homeland' Snipers Terrorize Confused Residents During Raid
(DBN)

FBI: Man headed to rehab gets drunk, forces flight diversion
(DBN)

Multi-Million Dollar Lawsuit Over Toilet Flushing
(DBN)

Pennsylvania Officer Seeks Continuance Based on Death Of His K9 Partner . . . Judge Declares Reason To Be Invalid And Dismisses Drug Case
(DBN)

Passengers from crippled Carnival ship seeking $5,000 a month -- for life
(DBN)

One-sentence SCOTUS dissent suggests court should consider issue of secret death-penalty drugs
(DBN)

Police Block Highway Lanes, Go Car-To-Car In Search Of Bank Robbers
(DBN)

Zimmerman all smiles at gun show
(DBN)

Pregnant mom who doesn’t want dad in the delivery room makes the rules, judge says
(DBN)

Lawyer says client took cyanide pill in court to commit suicide after guilty verdict
(DBN)

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Judges:

Immigration judge sacked for living with an illegal immigrant
(DBN)

'Sexist, racist and homophobic' judge apologies for 's----s are just w----s in training' outburst
(DBN)

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Wall Street:

U.S. Index Are Futures Little Changed After S&P 500 Drop
(DBN)

China concerns hitting sentiment
(DBN)

Everything's Going Down
(DBN)

Wall Street falls on profit-taking
(DBN)

Stock market in 'euphoria mode': Citi strategist
(DBN)

How investors may be getting fooled by buybacks
(DBN)

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Layoffs:

BLS: 4 Million Jobs Openings in January
(DBN)

Half of US J0bs at Risk Over Smart Computers
(DBN)

The 15 Best Cities For Job Seekers This Spring
(DBN)

3 Ways To Make Yourself Stand Out From Other Job Applicants
(DBN)

Fewer Confident Enough to Quit in Chilly Winter Job Market
(DBN)

UniCredit Plans ,8500 Job Cuts
(DBN)

Zurich Insurance to Cut About 800 Jobs Globally
(DBN)

Are Robots About to Take Our Jobs?
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Banking:

UniCredit posts shock 2013 loss of 14 bln euros after writedowns
(DBN)

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Electricity:

Power wholesaler Edison Mission clears bankruptcy --- Judge Approves Edison Mission Plan to Exit Bankruptcy
(DBN)

Tax fight looms large in Energy Future restructuring
(DBN)

Southern Montana Electric reports agreement with noteholders in bankruptcy dispute
(DBN)

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Resorts:

Credit Suisse buys 3 sections of resort
(DBN)

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Fraud:

SEC charges AgFeed audit committee chair in broader accounting fraud case
(DBN)

SEC Says AgFeed Case Shows Renewed Focus on Accounting Fraud
(DBN)

Dead Madoff Executive Blamed for Deceptive Computer Code
(DBN)

Madoff Ex-Aide Likened to Innocent in Sodom and Gomorrah
(DBN)

Defense lawyer: Madoff was villain, not client
(DBN)

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Mass Torts:

Lawyers want Freedom lawsuits in state court
(DBN)

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Tech:

Cyber-Security Group ISC8 Needs to Raise Funds
(DBN)

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Healthcare:

TLC Health stays afloat with bankruptcy court approval
(DBN)

Adams County supervisors split on bankruptcy negotiator for Natchez Regional
(DBN)

In churn of assisted living deals, an island of misery
(DBN)

Saint Francis Hospital files layoff notice as 'technicality'
(DBN)

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Compensation:

Fiat CEO's pay drops to $5 million in 2013
(DBN)

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Economy:

Job openings rise in January, but hiring slows
(DBN)

OECD : Emerging Economies Holding Back Global Recovery --- OECD predicts sluggish global growth --- OECD : Growth in Advanced Economies Gains Momentum
(DBN)

NFIB: Small Business Optimism Index declines in February
(DBN)

PIMCO Trustee Blasts Bill Gross' $200 Million Salary That Could Be Used To Hire 2000 Teachers
(DBN)

Corporate debt fever rises to new record in 2014
(DBN)

What Hath QE Wrought? Jeff Gundlach Reveals How The Fed Has Massively Distorted Global Markets
(DBN)

US Multinationals Are Now Holding Nearly $2 Trillion Cash Overseas To Avoid Taxes
(DBN)

CBO: Federal Deficit through February $148 billion less this year than it was in fiscal year 2013 --- 60 Years of Budget Deficits in One Chart
(DBN)

Inequality: An upheaval of society like we haven’t seen in 700 years
(DBN)

The Real Debt Crisis We Aren’t Talking About
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Supreme Court to Decide Securities Act Statute of Repose Issue in IndyMac MBS Case
(DBN)

Phoenix ARMLS: Total Sales down 17.4% year-over-year in February, Distressed Sales down 61%, Inventory up 37%
(DBN)

The foreclosure crisis is still burning years after the housing crisis ended
(DBN)

Senate banking leaders reach deal on Fannie, Freddie bill outline --- Fannie Mae, Freddie Mac Would Be Eliminated in Senate Bill --- Fannie, Freddie dive --- Hedge Funders' Beloved Fannie And Freddie Trade Is Getting Demolished
(DBN)

Here's How Much Real Estate A Million Dollars Buys You In Every Major US City
(DBN)

Half Of New Yorkers Are Paying Rent They Can't Afford
(DBN)

Why bank CEO wrote letter for disgraced developer Michael Pouls
(DBN)

Spire backers in negotiations ahead of 2-day trial
(DBN)

Man who once led gilded life has until Friday to remove hoarded items from upscale NYC home
(DBN)

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Municipalities:

Detroit's bankruptcy gain may be others' pain
(DBN)

Upside-down bankruptcy plan may cost Detroiters dearly
(DBN)

Detroit: Retiree committee will be protected against lawsuits in bankruptcy case
(DBN)

Detroit Homestead Act
(DBN)

It Takes Two: City using pair of PR firms during bankruptcy
(DBN)

Detroit-Puerto Rico parallels
(DBN)

Puerto Rico's $3.5 bln bond sale meets strong demand, despite 'junk' label
(DBN)

$3.5B Puerto Rico Bond Yields 8.727%; $16B In Orders Received
(DBN)

Puerto Rico's 'junk' label no hurdle in $3.5 bln bond sale
(DBN)

Niagara Falls: Touma Still Pushing for Second Vote On Restructuring Board
(DBN)

“Minimize Regret,” ex-EM in Benton Harbor advises
(DBN)

The 21 Coolest Small Businesses In Boston
(DBN)

This Tiny Florida City May Be The Most Corrupt Place In America
(DBN)

U.S. state revenue growth has slowed sharply
(DBN)

The Hidden Line in Obama’s Budget and What it Means for Cities and Metro Areas
(DBN)

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Retailing:

Is JC Penney The Next Great American Comeback Story?
(DBN)

Weak sales dog teen-focused Urban Outfitters
(DBN)

Are Malls Over?
(DBN)

Burlington Outlet Village scheduled for auction --- Burlington Outlet owner Jim Anthony expects to file Chapter 11 to stall foreclosure auction
(DBN)

Honk's pushes through bankruptcy , now has 6 stores
(DBN)

Ashley Stewart looks to shed 27 stores in Chapter 11
(DBN)

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Aviation:

American Eagle's forecast disappoints, shares slip
(DBN)

Airline Industry Profit Outlook Cut as Ukraine Spurs Fuel Price
(DBN)

Investigators Widen Look Into Plane's Disappearance --- Malaysia Airlines flight disappearance highlights Thailand's booming passport-forging industry --- Satellite firm turns to crowdsourcing in search for missing Malaysia plane --- Investigators skeptical of terrorism --- Malaysian military says missing jet changed course --- Malaysia military tracked missing plane to west coast: source --- Search Extends To Mountains, Jungle --- Malaysia Airlines Flight was “Hundreds of Miles” Off Course --- More information raises more questions --- Confusion clouds search --- Some Countries Grow Impatient With Search for Malaysia Airlines Flight
(DBN)

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Labor:

DesignLine worker complaint may go to mediation
(DBN)

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Alternative Energy:

From bankrupt EV maker to building-scale energy storage contender
(DBN)

Renewable Energy Is Getting Ready For A Boom That Could Rival Shale Oil And Gas
(DBN)

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Autos:

US Senate seeks hearings on GM recalls: aide --- House, Senate committees to hold hearings on GM recall --- US House panel requests auto recall documents from GM
(DBN)

GM might not pay for recall deaths
(DBN)

Culture at GM blamed for recall delay
(DBN)

Federal prosecutors in New York open criminal probe of GM: source
(DBN)

GM Criminal Probe of Recalls Seen Complicating Barra Turnaround
(DBN)

Valukas, no stranger to GM probes, faces 'witch hunt' on tight deadline
(DBN)

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Religion:

Philadelphia archdiocese limits tuition aid to abuse victims' children
(DBN)

$600K Stolen from Joel Osteen's Mega-Church
(DBN)

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Bankruptcy Crimes:

‘Real Housewives’ Stars Teresa And Joe Giudice Take A Plea; Will Joe Be Deported?
(DBN)

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Weddings:

Brides Scramble as Wedding Venue Closes
(DBN)

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Buses:

Bankruptcy court approves DesignLine liquidation plan to pay creditors
(DBN)

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New Bankruptcy Opinions
(8 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (28 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (30 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:

Distressed Company Watch List
(DBN)

AZ: Valley bankruptcies still decline, but at snails pace
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

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Interest:

Default Interest: Is a Mortgagee Entitled to Collect the Contract Rate, or Must It Be Reasonable?
(DBN)

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Environmental:

Circuits Still Split Over Enviro Fines In Bankruptcy
(DBN)

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Currency:

Japanese bitcoin exchange files bankruptcy case in Texas
(DBN)

Foreign Bitcoin Exchanges and Chapter 15
(DBN)

How Will Mt. Gox Bankruptcy Affect the Future of Bitcoin?
(DBN)

$500 Million Worth Of Bitcoin Has Been Stolen Since 2010
(DBN)

A Guy Tries To Explain Bitcoin To Conan O'Brien
(DBN)

Judge Freezes U.S. Assets of Mt. Gox CEO, Related Companies
(DBN)

New York opens door to regulated bitcoin exchanges
(DBN)

Texas regulators issue order against company soliciting bitcoin investments
(DBN)

Beware Bitcoin - U.S. brokerage regulator
(DBN)

Why bitcoin may be the future of corporate M&A
(DBN)

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Derivatives:

Insurer Consortium Offering Coverage for Derivatives Clearinghouses
(DBN)

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Awards:

Greenberg Glusker’s Bankruptcy Group Named Winner of M&A Advisor Turnaround Award
(DBN)

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Telecoms:

LightSquared Says Dish Was Interested in Acquisition as Early as 2012
(DBN)

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Television:

Astros want lawsuit against McLane, Comcast moved back to state court
(DBN)

CSN Houston Owners Actually Agreed on Something – Legal fees
(DBN)

More Details on Prospect Park Networks Bankruptcy
(DBN)

Prospect Park Owes ABC $1.7 Million
(DBN)

What a soap opera! The hard-luck story of Prospect Park Networks
(DBN)

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Corporate Reform:

When Whistleblowers Were American Heroes
(DBN)

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Personal Finance:

5 Unexpected Ways To Work Smarter, Not Harder
(DBN)

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UK:

OECD predicts UK recovery will be strongest in G7 over first half of 2014
(DBN)

Scotland 'one of world's wealthiest countries'
(DBN)

Women begin to dot the U.K.’s law firm landscape
(DBN)

Divorce, bankruptcy and osteoarthritis: the reality of retirement for many footballers
(DBN)

Fans shed no tears as Rangers end Jack Irvine's PR contract
(DBN)

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EU:

ECB to take tough stance in health check on banks
(DBN)

Time runs short as Europe haggles over key bank reform
(DBN)

Cyprus's outgoing central bank chief hits back as replacement is named
(DBN)

European banks face double hit from emerging market slide and ECB crackdown
(DBN)

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PIIGS:

Greek tax collectors getting anger management classes --- How Trichet threatened to cut Greece off
(DBN)

Greek public sector workers strike as job cuts run into 5th straight year
(DBN)

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Canada:

Canadians seem to be 'reaching the limit' on bloated debts
(DBN)

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France:

Vivarte, creditors pursue consensual restructuring
(DBN)

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Germany:

German insolvencies on 16-year low as strong economy sustains jobs and businesses
(DBN)

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Ukraine:

EU Offers Ukraine Millions in Trade Relief to Steady Its Economy --- Russia Scraps Fifth Bond Auction as Crimea Crisis Deepens Slump --- Sanctions Against Russia within Days --- Citi Massively Cuts Its Growth Forecast For Russia Thanks To The Ukraine Crisis --- 10 Reasons Why Russia Invaded Ukraine --- Tribalism, Chess, And Economics In Ukraine --- $650 Billion In Corporate Kremlin Debt Complicates Western Sanctions Over Ukraine --- Sanctions nerves ripple through Moscow --- New Putin-Backed Prime Minister In Crimea Used To Be A Gangster Named 'Goblin' --- Losing Crimea Could Sink Ukraine's Offshore Oil and Gas Hopes --- Ukraine Warns of Russian Troop Buildup as Premier to Meet Obama
(DBN)

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China:

China Sets Clock To End Cap on Rates
(DBN)

Markets hold breath as China's shadow banking grinds to halt
(DBN)

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Denmark:

EU Commission approves restructuring aid for Danish bank FIH
(DBN)

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