March 28, 2014

The Daily Bankruptcy News

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Law:

Outlook for Corporate Restructuring: Mark Roe --- J. Scott Victor --- Anders J. Maxwell
(DBN)

Ex-Dewey Executive Canellas Cooperated With Vance Probe
(DBN)

Ex-Dewey Finance Director Pleads to Grand Larceny --- 6 other pleas expected to be unsealed soon --- Ex-Dewey finance director admits accounting was false --- Statement by Ex-Dewey Finance Director Points to Co-Workers --- The Identities Of The Dewey ‘Secret Seven’ Are Slowly Being Revealed
(DBN)

Business of Law --- Business of Law (2)
(DBN)

Firm blows £5m on a case management system
(DBN)

The Top 4 Lies Of Document Review
(DBN)

How New York's Biggest Law Firms Stay on Top
(DBN)

Microsoft Unveils Office for iPad --- 5 Things To Know About Microsoft Office For iPad
(DBN)

More Costly Work In-House, Less for Boutique Firms
(DBN)

Law professor pepper sprayed during lecture on vigilantes
(DBN)

Tenure under fire, law professors fight back
(DBN)

Wharton vs. Law: Fight Night
(DBN)

Kasowitz Feels Sting as Big Cases End
(DBN)

Official: Solicitors are less happy than their secretaries
(DBN)

Want To Outlive Your Law Job? Here’s How…
(DBN)

Lawyer, Too Poor To Network, Fears Homelessness
(DBN)

Fridays, In And Out Of Biglaw
(DBN)

3 Leading Indicators of Success
(DBN)

Firm's staff invited to bill extra £100k a year each
(DBN)

Wisc. Republican accuses Dem of ‘murdering’ grandkid to deflect cat leg-breaking conviction
(DBN)

Passion over pension: Weil Lawyer Quits Firm To Crowd-Fund His Debut Rap Album
(DBN)

Bridge-gate shocker: Christie probe clears Christie --- Chris Christie Says Aides in Bridge Scandal 'Inexplicably Stupid'
(DBN)

Newlywed gets 30 years for pushing her husband off of cliff in national park
(DBN)

Prosecutors: Oregon woman beat 4-year-old son to death because she thought he was gay
(DBN)

Say What?!
(DBN)

Mug Shots
(DBN)

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Judges:

ED MI Gets New Bankruptcy Judge
(DBN)

ND CA Judge Concerned By "Extra fees", Inexperienced Lawyers Charging As Much As Experienced Lawyers - Considers Institution Of Flat fee Guidelines
(DBN)

Judge Kopf Causes a Stir With Blog Post About Female Lawyers --- ‘Dirty old man’ federal judge hits ‘third rail’ with his fashion advice for women lawyers --- Why We Care About What Female Lawyers Wear
(DBN)

Salacious Sex Scandal Costs Judge His Job
(DBN)

A Benchslap Postscript: Mo’ Words, Mo’ Problems
(DBN)

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Wall Street:

Stock futures firm ahead of consumer data
(DBN)

Markets Are Rising
(DBN)

U.S. Stocks Waver --- US stocks extended losses for second straight day
(DBN)

Anyone Who Thinks Stocks Will Go Up If The Economy Grows Should Read This Quote From Warren Buffett
(DBN)

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Layoffs:

US jobless claims fall to four-month low
(DBN)

Expect Surge in Temp Jobs to Continue
(DBN)

Robots Coming For Our Jobs? Meh
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Awards:

Greenberg Traurig Receives Two M&A Advisor Turnaround Awards
(DBN)

Skadden Wins IFLR Restructuring Team Of The Year Award
(DBN)

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Banking:

News of Fed rejection came as shock to Citi --- Were Fed stress tests fair? --- Citi's Stress-Test Mess
(DBN)

Banks Redesign Capital Plans After Fed Stress Test
(DBN)

How Dodd-Frank Impacts Creditors Of Bankrupt Banks
(DBN)

Lewis, BofA Reach $25 Million N.Y. Settlement Over Merrill Deal
(DBN)

With Banking, What Happens in Europe Does Not Stay in Europe
(DBN)

The FDIC’s Administrative Claims Process for Failed Banks
(DBN)

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Personal Finance:

These Are The Worst Things To Buy In April
(DBN)

Stop Trying To 'Have It All' And Do This Instead
(DBN)

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Video Games:

Economic agency to meet on 38 Studios lawsuit
(DBN)

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Soccer:

Pittsburgh Riverhounds File For Bankruptcy Protection
(DBN)

Stadium 'domino effect' led to Riverhounds filing, minority owner says
(DBN)

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Arena Football:

Ex-Rush Arena Football owner David Staral Jr. in more hot water
(DBN)

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Autos:

Texas Judge To Hear 'Emergency Motion' on GM Recall April 4
(DBN)

Could GM Have Saved Lives With An Earlier Chevy Cobalt Recall?
(DBN)

Senator, lawyer urge GM to keep recalled cars parked
(DBN)

Feds Investigate GM For Bankruptcy Fraud, Ignore Own Behavior On Fannie And Freddie
(DBN)

Still 'Government Motors,' Recall and All
(DBN)

Bertone Needs Buyers in Bankruptcy Case
(DBN)

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Personal Finance:

5 Steps To Retire Debt-Free
(DBN)

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Lehman:

Lehman Payout Tops $80 Billion, Creditors Get Another $17.9 Billion
(DBN)

Lehman Brothers Makes 550% Return From Formula One
(DBN)

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Publishing:

Mass. Lawyers Weekly publisher says it's 'business as usual' amid parent firm's bankruptcy
(DBN)

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Fuel Supply:

State AGs should protect small creditors in Norton Oil Co. bankruptcy
(DBN)

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Economy:

Weekly Jobless Claims Drop, GDP Growth Revised Up Slightly
(DBN)

The Absurd Way US Measures Inflation
(DBN)

Want to Reduce Crime? Get Rid of Cash
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Pending Sales of Existing Homes in US Decline for Eighth Month --- Sales Unexpectedly Drop
(DBN)

Housing’s Recovery Is Losing Momentum
(DBN)

Freddie Mac Said to Plan Risk-Sharing Bonds After Debt Soars
(DBN)

Reviewing Letters Of Credit As Security For Leases In Bankruptcy: Do You Receive What You Expect?
(DBN)

America's Booming, Busting, And Muddling Housing Markets
(DBN)

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Municipalities:

Detroit bankruptcy judge hiring his own expert on plan feasibility
(DBN)

Crunch time looms in Detroit bankruptcy
(DBN)

Detroit to file revised restructuring plan in bankruptcy court --- Detroit to reveal new bankruptcy restructuring plan Monday
(DBN)

The complicated relationship between the DIA and the city of Detroit
(DBN)

Detroit loosens latest swaps proposal --- 2 banks not required to support Detroit's debt-cutting plan
(DBN)

The State’s $350 Million: “Why I will vote against it”
(DBN)

Orr exploring options for Detroit water department: Suburban authority, private investment
(DBN)

Searchable Database of Detroit Creditors
(DBN)

The 8 Detroit creditors who will win and lose the most
(DBN)

Detroit: From ‘Heat Wave’ to deep freeze
(DBN)

Being Raped In A Bankrupt City
(DBN)

Mayor Of Charlotte Resigns Following Arrest On Federal Corruption Charges
(DBN)

What happens if public pensions bankrupt California cities
(DBN)

Puerto Rico to Detroit Buoyed by Insurance Comeback
(DBN)

North Las Vegas officials answer questions about budget troubles
(DBN)

Royal Oak Township board seeks consent agreement with state
(DBN)

States That Are Most Likely To Survive A Zombie Apocalypse
(DBN)

States, Cities Tackle Pension Liabilities; Watch Illinois, Detroit for Lessons
(DBN)

America's 10 fastest-growing cities
(DBN)

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Mass Torts:

Gov. Scott Walker Signs Bill Requiring Disclosure Of Asbestos Trust Claims
(DBN)

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Management:

7 Habits Of Remarkably Likeable Bosses
(DBN)

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Aviation:

World Airways Ceases Operations
(DBN)

What It's Like To Stare Into The Ocean All Day Looking For The Missing Malaysia Plane --- Fresh clues but bad weather --- New speed data shifts search for missing Malaysian jetliner nearly 700 miles --- Malaysia says new search area still challenging
(DBN)

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Compensation:

BofA's Moynihan gets 89% boost in annual comp
(DBN)

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Retailing:

Brookstone on the brink of bankruptcy --- Brookstone Nearing Prepack Deal With Spencer Spirit Holdings
(DBN)

Women's wear retailer seeks OK from bankruptcy court to sell store leases
(DBN)

7 Critical Mistakes Of 'The World's Worst Business'
(DBN)

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Celebs:

Betsey Johnson, Fashion Fairy Godmother, on Moving Forward
(DBN)

L’Wren Scott Left $9M To Mick Jagger, So Can The Tabloids STFU About Her ‘ Bankruptcy ’ Now?
(DBN)

Chrisley Knows Best Star Tracked in Bankruptcy
(DBN)

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Hedge Funds:

Harbinger’s Falcone Wasted Assets in Bailout, Investor Says
(DBN)

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Currency:

Report: Mt. Gox's explanation of losing thousands of bitcoins is doubtful
(DBN)

Mt. Gox CEO Karpeles refuses travel to U.S. for questioning
(DBN)

Tokyo court extends Mt. Gox bankruptcy investigation to May 9
(DBN)

Lawyer Given More Time to Review Mt. Gox
(DBN)

Bitcoin bloodbath as China shutters all trading sites
(DBN)

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Food/Beverage:

Canadian firm wins bidding for peanut butter plant
(DBN)

Million Jars of Peanut Butter Dumped in New Mexico
(DBN)

Aberdeen beef plant defies trend, maybe wisdom
(DBN)

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Art:

A sense of betrayal and suspicion grips the art world
(DBN)

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Telecoms:

Ergen says LightSquared could be worth $8.9 billion
(DBN)

Dish's Ergen presses case in LightSquared bankruptcy trial
(DBN)

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Distressed Investing:

MatlinPatterson Is Said to Seek $2 Billion After Missteps
(DBN)

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Alternative Energy:

Grid Sensor Startup OptiSense Files for Bankruptcy
(DBN)

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Credit Cards:

Wal-Mart sues Visa for $5 billion over card swipe fees
(DBN)

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Fraud:

No Jail Time For Madoff's Banking and Feeder Fund Pals
(DBN)

A man apart
(DBN)

Judge approves $2.85 million claw-back from Wasendorfs ex
(DBN)

____________

Agriculture:

Guar hearing resumes Monday; unpaid farmers remain frustrated
(DBN)

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Toll Roads:

Investment Firms Buy Chunk of Indiana Toll Road Debt From Bankia
(DBN)

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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 (24 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (17 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:

 

Interactive Bankruptcy Statistics Map
(DBN)

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Miscellaneous:

Coming and Going Concerns
(DBN)

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Sales:

Fisker: Another Layer Of Complexity
(DBN)

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Claims:

Rejecting Frenville (again), Third Circuit Extends Grossman’s and Broadens Scope of Prepetition Claims
(DBN)

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Recent Pleadings:

 

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TBTF:

Ally takes step toward 'free at last' with IPO --- Ally Financial IPO Provides An Exit For U.S. Treasury --- Ally Financial IPO May Generate $2.7 Billion for Treasury --- Ally Financial's stress test story
(DBN)

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Insurance:

Financial probe follows Colorado CEO's suicide
(DBN)

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Litigation:

Tech-savvy litigators give advice and recommend tools
(DBN)

Cornerstone Research Releases 2013 Securities Class Action Settlements Analysis
(DBN)

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Healthcare:

Hospitals Plot the End of Insurance Companies
(DBN)

Protesters occupying North Adams hospital --- Judge grants temporary injunction to halt North Adams Regional Hospital closure
(DBN)

Hospitals seek rescue lifeline from St. Peter's Health Partners
(DBN)

M*Modal: Obsolete Technology?
(DBN)

Obamacare tops 6 million signups
(DBN)

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Student Debt:

Proposals vary for tackling student debt
(DBN)

Wealth Gap Widens in US from Student Loan Debt
(DBN)

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Mass Torts:

Asbestos Defendants Want Access to 'Misrepresentation'
(DBN)

____________

Gambling:

Casino union pickets biggest Revel owner
(DBN)

Caesars Closing Miss. Casino Amid US Industry Woes
(DBN)

____________

Electricity:

Energy Future lines up jumbo bankruptcy loan --- $9 billion bankruptcy financing
(DBN)

Energy Future Said Close to Bankruptcy Road Map
(DBN)

___________

Tax:

The Government Will Keep Those FICA Taxes, Thanks
(DBN)

____________

Television:

Astros one of three teams to drop in value
(DBN)

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Sovereigns:

Brokerage calls for ‘vulture’ jurisdiction change
(DBN)

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UK:

Linder Myers avoids administration with Assure Law rescue deal
(DBN)

Mass layoffs at Camerons, Dundas, Beachcroft and Trowers
(DBN)

Insolvency regime reform is an opportunity for the UK to improve on its world class position, according to KPMG
(DBN)

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EU:

Euro-Area Economic Confidence Rises to Highest Level Since 2011
(DBN)

Charity documents 'human cost' of EU austerity
(DBN)

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PIIGS:

The Latest Amendment of Spanish Insolvency Law`, or a Guide to Run Away From Insolvency Procedures --- Deflation Hits Spain — Euro Tanks
(DBN)

Greece is pulling off an amazing recovery
(DBN)

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Ukraine:

Ukraine on verge of bankruptcy --- IMF Throws Ukraine A $27 Billion Financial Lifeline As Russian Tanks Sit Near The Border --- Windfall for hedge funds and Russian banks as IMF rescues Ukraine --- IMF says no need for Ukraine debt restructuring now --- Ukraine Debt Restructuring Still Possible --- Putin eyes Russia's own credit card system after Western sanctions --- Ukraine: UN condemns Crimea vote as IMF and US back loans --- EU could provide Ukraine with 850 million euros by June --- Senate, House Pass Russian Sanctions Called Putin Warning --- Obama Envisions Russia Sanctions Limiting Global Impact --- IMF throws Ukraine financial lifeline, Russian economy to slump --- Ukraine sees Russian gas price rising 79 percent in April
(DBN)

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Finland:

Finnish firms relying on Russian business face bankruptcy threat
(DBN)

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Jamaica:

Court system discourages debtors from seeking help
(DBN)

Accountants' body wants insolvency practitioners licensed
(DBN)

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Japan:

Panasonic sees spending $2.9 bln on restructuring this fiscal yr
(DBN)

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Brazil:

Batistas's MMX reports $153 mln Q4 net loss
(DBN)

Prosecutors fight to make Batista meet $1bn OGpar pledge
(DBN)

___________

China:

HSBC chief Gulliver plays down China default danger
(DBN)

China’s Developers Face Shakeout as Easy Money Ends
(DBN)

China's nervous savers press home need for deposit insurance
(DBN)

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