December 19, 2013

The Daily Bankruptcy News

View prior editions: Click Here
View prior case summaries: Click Here
Search prior headlines: Click Here
Search prior case summaries: Click Here

 

Law:

Associate Bonus Watch: Davis Polk
(DBN)

Jones Day Names Two New Bankruptcy Partners --- David Harding --- Thomas Wilson
(DBN)

Venable Names New Bankruptcy Partner --- Jennifer Nassiri
(DBN)

Snell & Willmer Adds New Bankruptcy Partner --- Timothy Dance
(DBN)

Bryan Cave appoints first female chair
(DBN)

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

ATL Holiday Card Contest: The Finalists!
(DBN)

Saluting the hard work of innovation
(DBN)

The Perils — And Pleasure — Of ‘Reply All’
(DBN)

5 Tips For Surviving The Holidays As A Contract Attorney
(DBN)

What Chinese Associates Make
(DBN)

Bingham sanctioned for slow discovery response in ex-associate’s sleep disorder suit
(DBN)

UK lawyer who shouted and swore at his associate is hit by fine
(DBN)

Work-at-home lawyer suspended partly for lack of a ‘bona fide office’
(DBN)

The ATL Interrogatories: 10 Questions with Richard J. Morvillo from Morvillo LLP
(DBN)

Law School To Offer ‘Hybrid’ Online J.D., But The Tuition Will Be Traditional As All Get Out
(DBN)

UC-Hastings Dean Admits Law Schools' Major Flaws
(DBN)

1Ls Per Law School Drops to 45-Year Low
(DBN)

The 15 Most Popular Paid iPhone Apps Of 2013
(DBN)

How Two Lying Witnesses In A Murder Case Stole 34 Years Of A Guy's Life
(DBN)

Cops Are Investigating The Death Of Another Person Linked To Ex-NFL Player Aaron Hernandez
(DBN)

Harvard Student Arrested For Bomb Threat Tried And Failed To Hide Identity With Anonymous Browser --- Friends Are Shocked He Could Be Responsible For Bomb Threat
(DBN)

Real Guy Named Walter White Gets 12 Years In Federal Prison For Selling Meth
(DBN)

U.S. Attorney Bharara Defends India Diplomat Strip-Search --- US Attorney Says Indian Diplomat Got Special Treatment During Arrest --- India Demands That US Drop Case Against Diplomat Who Was Strip-Searched In New York City
(DBN)

North Dakota Says Man In Same-Sex Marriage Can Also Marry A Woman
(DBN)

What Is George Zimmerman's Ex-Lawyer Getting Investigated For? --- George Zimmerman’s Defense Attorney Did ‘Nothing Wrong’ — Just Like His Client
(DBN)

Young Woman Dies After Tweeting That She Worked 30 Hours Straight
(DBN)

SantaCon Delivers Host of Legal Issues For Your Stocking
(DBN)

Lawyer Sues 'Fortune Teller' for Fraud After Alleged Theft
(DBN)

Pro se decision by accused pimp results in colorful testimony
(DBN)

Say What?!
(DBN)

______________

Judges:

What the Supreme Court’s justices should be reading
(DBN)

______________

Wall Street:

Stocks draw breath after taper gains
(DBN)

Fed boosts stocks to record close
(DBN)

10 Things You Need To Know Before The Opening Bell
(DBN)

5 reasons stocks didn't suffer a "taper tantrum" --- Why The Market Surged On The 'Taper' Announcement
(DBN)

______________

Layoffs:

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Aviation:

A woman’s personal no-fly list hell
(DBN)

Unruly Passengers Are Becoming A Serious Problem For Airlines
(DBN)

____________

Health Care:

Saint Francis Hospital losing $3 million a month
(DBN)

Health Quest offers to buy assets of struggling St. Francis Hospital
(DBN)

Saint Francis Hospital has lengthy list of creditors
(DBN)

Some answers on hospital's future
(DBN)

Who are the new uninsureds?
(DBN)

Insurers volunteer to extend payment deadline for health-care coverage to Jan. 10
(DBN)

Tax-Exempt Hospitals Face Growing Backlash for Spending Only 7.5% of Income on Charity Care
(DBN)

____________

Banking:

JPMorgan seeks $1 billion in FDIC suit
(DBN)

____________

Rail:

Auction OK'd for railroad in Quebec derailment --- Hearing set --- Bidding rules
(DBN)

Oil trains worry small towns
(DBN)

____________

Buses:

Atlantic Express Receives Three More Sale Approvals
(DBN)

School Districts scramble for bus service as company files for bankruptcy
(DBN)

Denver transit agency asks bankruptcy court to cancel DesignLine contract
(DBN)

____________

Economy:

The tapering begins: Fed to reduce bond purchases by $10 billion in January --- Bernanke to Congress: Thanks for Not Wrecking the Economy (Any Further) --- Fed Finally Starts to Tamper, but Slowly
(DBN)

The Bernanke Doctrine
(DBN)

Krugman On Bernanke's Legacy: He Helped Prevent A World Meltdown
(DBN)

Likely Yellen confirmation may be last US Senate vote of 2013 --- Yellen Fed appointment may hit snag --- Bernanke: You'll Get No Surprise From Janet Yellen
(DBN)

See How Wealthy Your Neighborhood Is --- Why There Are So Many Rich Counties Concentrated Around Washington, D.C.
(DBN)

Congress Is About To Do The Unthinkable — Agree On A Budget
(DBN)

More Evidence That There's Going To Be A Debt Ceiling Fight Next Year
(DBN)

Low Inflation Tests World's Central Banks
(DBN)

I started buying the signs that the homeless use to beg. Here's what happened
(DBN)

"Food stamps are cruel"
(DBN)

Three Big Economic Datapoints Are Coming Out Today
(DBN)

The government is giving way more housing aid to rich people than poor people
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

Homes returning to positive equity
(DBN)

Housing Starts Jump To Highest Level Since February 2008 --- Sign of housing pickup?
(DBN)

14 US Cities With Big Foreclosure Problems
(DBN)

Billionaire's Detroit Buying Spree Starts to Spread
(DBN)

New Jersey sues Credit Suisse over mortgage securities --- Credit Suisse Fraud Exceeded $1 Billion Loss, N.J. Official Says
(DBN)

ResCap Sues Banks Over Faulty Mortgages
(DBN)

___________

Municipalities:

Thrills and danger ahead on Detroit's wild bankruptcy ride
(DBN)

Orr, judge clash over Detroit's $350M deal --- Detroit to try to renegotiate $350M deal after bankruptcy judge raises issues --- Rhodes halts trial over swaps deal, orders city to renegotiate with banks
(DBN)

Detroit might sue swap counterparties -city attorney
(DBN)

Ex-Detroit Councilwoman McPhail expected to discuss soured loan deal from Kilpatrick era
(DBN)

Christie's delivers DIA report to Kevyn Orr
(DBN)

Detroit judge takes note of city’s expenses during bankruptcy
(DBN)

Detroit's Newly Elected Mayor Gets an Actual Job Description --- How Powerful Is Duggan? --- Orr & Duggan --- Duggan and Orr, buddies born of necessity, to lead Detroit
(DBN)

Can Mike Duggan Save Detroit
(DBN)

The often-overlooked roots of Detroit's bankruptcy
(DBN)

Straight talk about Detroit, Illinois pensions
(DBN)

Detroit retirees in cities across U.S. worry over possible pension cuts
(DBN)

Detroit Schools Fight for Market Share With Kids as Commodities
(DBN)

Yellow Lamborghini, Red Flags: South Carolina Pension's Reckless Gamble May Bankrupt State
(DBN)

____________

Retailing:

Loehmann's Doesn't Plan to Honor Store Credits
(DBN)

Online Retailer Faces Lawsuit After Fining Couple $3,500 For Negative Review, Then Dinging Their Credit Score
(DBN)

____________

Credit Reporting:

Elizabeth Warren’s bold new crusade: Keep employers out of your credit history
(DBN)

____________

Hotels:

Ukraine Investor Grabs Hotel Out of Foreclosure
(DBN)

____________

Debt Collection:

Chase Sued (Again) for Robo-Signing in Debt Collection
(DBN)

____________

Celebs:

Casey Anthony won't have to pay most debts
(DBN)

____________

Oil/Gas:

Anadarko Gets $9 Billion Cheaper for Takeover
(DBN)

____________

Awards:

GCG's Sarah Frankel Recognized as IWIRC's 2013 Rising Star
(DBN)

____________

Chemicals:

Tronox’s Bankruptcy Case Is Going To Edge Forward In A Fog
(DBN)

____________

Food/Beverage:

Buyer sought for bankrupt St Louis wholesale baker
(DBN)

Eagle Merchant Partners Acquires Second Largest Dairy Queen Franchisee in the U.S.
(DBN)

____________

Electricity:

Longview Power Cleared to Poll Creditors on Restructuring Plan
(DBN)

____________

Metals:

Libertas Copper wins approval to purchase copper rods from bankrupt Ormet
(DBN)

Ormet starts selling off machines, raw materials
(DBN)

____________

Logistics:

Stalking Horse Drops Out Of Global Track Bidding
(DBN)

____________

Skiing:

Ski center slaloms toward bankruptcy finish line
(DBN)

____________

Soccer:

Troubled Ascoli now bankrupt
(DBN)

____________

Privacy:

Target: 40 million credit cards compromised
(DBN)

____________

Religion:

Dorchester church files for bankruptcy
(DBN)

____________

Alternative Energy:

Del. judge OKs additional financing for Fisker
(DBN)

____________

New Bankruptcy Opinions
(4 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (26 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (24 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:

Triangle's Largest Bankruptcies of 2013
(DBN)

Top bankruptcies in Central Ohio for 2013
(DBN)

Twin Cities' Largest Bankruptcies of 2013
(DBN)

Rothstein saga saw wife Kim sent to prison, end of RRA bankruptcy
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

______________

Miscellaneous:

Wilmer: Bankruptcy and Financial Restructuring Group: 2013 Recap
(DBN)

____________

Cross-Border:

Comity and discovery requests in cross-border litigation
(DBN)

Former Anglo Irish bank granted U.S. creditor protection
(DBN)

____________

Jurisdiction:

Isn't Consent for Suckers?
(DBN)

____________

Plan Confirmation:

When “Fashionably Late” Doesn’t Pay Off – How Section 1141(a) Closes the Door on Recovery Under the “Common Fund” Doctrine
(DBN)

____________

TBTF:

Big Banks and the Failure of Bankruptcy
(DBN)

____________

Asset Protection:

Cook Islands, a Paradise of Untouchable Assets
(DBN)

____________

Opera:

New York City Opera's Aim to Refund Tickets, Pay Severance Is Denied
(DBN)

____________

Corporate Reform:

Jamie Dimon’s perp walk: Why it could be this year’s Christmas miracle
(DBN)

____________

Horticulture:

Big plant nursery files bankruptcy to halt foreclosure
(DBN)

____________

Data:

TransUnion Closes Acquisition of TLO After Judge Approves
(DBN)

____________

Corporate Governance:

The Worst CEO Screw-Ups Of 2013
(DBN)

____________

Fraud:

SAC Capital employee found guilty of insider trading --- Insider Focus Turns to Martoma
(DBN)

Madoff Trustee’s Bid to Pursue Assigned Claims Limited by SLUSA
(DBN)

Peter Madoff Disbarred
(DBN)

Auctions net $739000 for ZeekRewards customers
(DBN)

Taylor Bean Said to Reach Agreement in U.S. False Claims Lawsuit
(DBN)

____________

Hotels:

Why Detroit Cannot Be Fixed
(DBN)

____________

Brokers:

Court Approves Distribution to Peregrine Customers
(DBN)

____________

Theaters:

Subscribers, others owed nearly $1.98 million in Theater of the Stars’ bankruptcy filing
(DBN)

____________

Gambling:

Atlantic Club bankruptcy auction continues for second day; union objects to potential sale --- No winning bid for Atlantic Club after second day of auction
(DBN)

____________

Pharma:

Savient Gets Bankruptcy Court OK to Sell Substantially All Assets to Crealta Pharmaceuticals
(DBN)

____________

Tax:

No Discharge of Debt for Single Debtors Giving Late Notice, IRS Tells SB/SE Agents
(DBN)

____________

UK:

UK unemployment rate prompts rate rise talk
(DBN)

Cross Border Restructuring and Insolvency Update - December 2013
(DBN)

____________

EU:

Europe moves towards scheme to close failing banks
(DBN)

30 % of small businesses in Cyprus bankrupt
(DBN)

____________

PIIGS:

IBRC granted bankruptcy protection in United States
(DBN)

Italy's Sorgenia asks banks for debt repayment freeze
(DBN)

____________

Germany:

Reports: Germany's Famous Nurburgring In Bankruptcy
(DBN)

____________

Brazil:

Brazil's OSX sees bondholders accepting delayed interest payment
(DBN)

____________

Japan:

Tepco formally declares surviving Fukushima No. 1 reactors defunct
(DBN)

____________

 

 

 

The Daily Bankruptcy News is primarily a curated news link gathering service.   This means that most of the headlines contained in the publication are a collection of links to stories posted on the Internet by various third party publications.  Such content is owned by third party sources, not The Daily Bankruptcy News, and in some cases, these links change or expire, which means you may not be able to view some news stories in prior editions of the Daily Bankruptcy News. The DBN subscription fee is not a fee for access to the content of the links, but is a charge for the considerable work involved in gathering, organizing and presenting the links. Use of this site and The Daily Bankruptcy News is subject to our Terms of Use. If you received The Daily Bankruptcy News via email (and you have a paid subscription account), to view a news story, click on the headline, and the story should open in your web browser. To view additional stories, click back to the email and click on additional headlines, which will cause new stories to open in your web browser.  You can view the Daily Bankruptcy News on the web by clicking here.

Advertising
Advertising is available in The Daily Bankruptcy News. Click here for details  Feel free to contact us with any questions.

Passwords/Subscriptions
Access to certain links in The Daily Bankruptcy News is available only to readers holding a paid service subscription.  These links are currently marked with a "DBN" notation. The cost of a subscription is $58/year, payable annually.  Volume discounts are available for sites with multiple users. Click here to see a schedule of discounts. Complimentary subscriptions are available for full-time educational and governmental employees and for full time students. For information about discounts or educational/governmental subscriptions, contact us by clicking here. A separate password is required for each member of a firm wishing access to restricted links.

New readers can receive a free password good for 30 days by clicking here. 30-day passwords are not available to readers who have previously had a password, even if the password was associated with a different email address used by the reader. Refunds are not available after purchase.

Readers who wish to change their passwords should click here. Readers who have forgotten their password should click here.

Adding Your Email Address To The Distribution List
If you would like to start receiving The Daily Bankruptcy News by email each day, click here, and fill in the information requested.  There is no charge to be placed on the distribution list to receive the headlines, although access to many of the links behind the headlines requires a paid subscription (see above, under Passwords). If, after adding your email address to the distribution list, you do not receive an email confirming the addition, please contact us by clicking here for help.  

Removing Your Email Address From The Distribution List
If you already receive The Daily Bankruptcy News by email and you wish to remove your email address from the distribution list, click here and send the email that should appear.  You do not need to type anything in the body of the email message. Note that the email asking for removal must be sent from the same email address which is on our distribution list.
If you do not receive an email confirming deletion of your email address from the distribution list, contact us by clicking here for help.

If receive the publication forwarded from an older email address, you will need to contact us as described below for help removing that older address from our distribution list.

Press Releases/News Tips
Please send press releases and news tips to admin@bkinformation.com

Contact Us
The Daily Bankruptcy News is published each business day by BKINFORMATION.COM, L.L.C.  You can reach us at 281-402-3957 or at accounting@bkinformation.com (email inquiries are usually answered substantially more quickly than phone inquiries). Our mailing address is 935 Eldridge Road, No. 350, Sugar Land, Texas 77478.

 

Copyright 2013