April 15, 2014

The Daily Bankruptcy News

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Law:

Ruling Weakens Dewey’s Defense to Former Employee Class Action
(DBN)

Layoff Watch: Not Everyone’s A Winner --- Layoffs And Firings Galore
(DBN)

Which Biglaw Firm Is Rescinding Offers?
(DBN)

The State of the Job Market – Some See Improvement, Others Skeptical
(DBN)

How law firm mergers can go wrong
(DBN)

The Secrets to a Healthy Law Firm Merger
(DBN)

Linklaters expands female leadership scheme across global offices
(DBN)

What GCs Want
(DBN)

Business of Law
(DBN)

Latham takes Bakers' crown as number one firm on top 30 international firms ranking
(DBN)

‘You Can’t Move Laterally From a Small Firm To A Big One!’
(DBN)

Do alternative fees work in litigation matters? These lawyers are using them
(DBN)

Are You Buying the Balanced Life Pitch?
(DBN)

Which Legal Sites Did Heartbleed Affect?
(DBN)

Is this the death of hourly rates at law firms?
(DBN)

Man with first name ‘God’ runs into credit-rating issues
(DBN)

Your Legal Documents Are Exposed To Heartbleed Too
(DBN)

Botched e-discovery can be an ethics violation, proposed opinion says
(DBN)

Haters Gonna Hate On Tuition-Cutting Law School
(DBN)

New Jersey Bridge Lane Closure Investigation Law Firm Notes Released
(DBN)

Hate crime charges planned after Jewish center slayings
(DBN)

Lawyer Suspended Three Months for Phantom Depositions on Time Sheets
(DBN)

Working girls embrace the sharing economy
(DBN)

Playboy lawyer jailed for girlfriend’s murder after 37 years
(DBN)

Man ordered to display ‘I am a bully’ sign is jeered during his punishment
(DBN)

Girl, 16, accused in robbery of PNC Bank during lunchtime
(DBN)

Men Who Allegedly Raped And Killed 4 Women Probably Wore Court-Ordered GPS Devices During The Crimes: Cops
(DBN)

Cliven Bundy's Unconstitutional Stand
(DBN)

Dog chosen for jury duty
(DBN)

Mug Shots
(DBN)

Say What?!
(DBN)

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Judges:

Notice of Bankruptcy Judge Vacancy for the District of Colorado
(DBN)

Scientist Awarded Chancery Court’s First Go-to-Jail Ticket
(DBN)

Justice Stevens Tries To Solve Gun Crisis The Dumbest Way Possible
(DBN)

Put Cameras in the Supreme Court
(DBN)

Judge Posner Includes Photograph Of Plaintiff In Banana Costume
(DBN)

No PJs
(DBN)

Man Sentenced to Life in Prison for Judge Beheading Plot
(DBN)

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Wall Street:

US Stock -Index Futures Little Changed Before Earnings Reports
(DBN)

The Market Isn't Looking So Great
(DBN)

Stocks Close Higher To Start The Week
(DBN)

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Layoffs:

Finding a Full-Time Job May Get Easier, But Not for Everyone
(DBN)

Anxiety Spreads Through West Point As Military Combat Roles Are Being Slashed
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Electricity:

Drama continues for EFH; new anonymous bonds buyer in the mix
(DBN)

Texas Railroad Commission will No Longer Accept Empty “Self-Bonding” for Energy Future Holdings’ Mining Operations
(DBN)

Mach Gen Restructuring Plan Confirmed by Bankruptcy Judge
(DBN)

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Shipping:

Genco Shipping pre-pack: debt in the driver’s seat
(DBN)

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Personal Finance:

12 Times Being Cheap Is Totally Worth It
(DBN)

Here's The Scary Money Habit That's Really Common Among Millennials
(DBN)

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Retailing:

Bankruptcy Lenders Have Tight Leash on Coldwater Creek
(DBN)

How Sears Lost Its Shirt
(DBN)

Coldwater Creek Wins Approval of Loan to Fund Liquidation
(DBN)

Bullish US retail sales brighten growth outlook
(DBN)

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Banking:

Citi's Bad Bank Doing Better Than Good One
(DBN)

Citi posts higher income as troubled assets perform better
(DBN)

First Mariner sale delayed as investment group files challenge
(DBN)

First Mariner chose National Penn's low bid because of regulatory concerns
(DBN)

Bank says ZeekRewards settlement key to its survival
(DBN)

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Pensions:

Supreme Court Ponders Changing the Rules on Nonspousal Inherited IRAs
(DBN)

Nonprofits Caught in Pension Crossfire Between Foundation, Unions
(DBN)

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Debt Collection:

Social Security Halts Efforts to Collect Decades-Old Debts
(DBN)

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Economy:

Deficit now expected to be even lower
(DBN)

Four Big Economic Events Are Coming Up Today
(DBN)

Hedge Funds Helped Fan Financial Crisis: SF Fed Paper
(DBN)

American Companies Think The Unthinkable — Leaving The US
(DBN)

How Your Taxes Compare to Other Countries
(DBN)

Average tax bill for the 1% this year: $525,000
(DBN)

This WSJ Chart About Taxing The Rich Doesn't Tell The Whole Story
(DBN)

The Obamas Paid a 20% Effective Tax Rate -- Yours Is Probably Higher
(DBN)

How The US Government Spent Your 2013 Tax Dollars
(DBN)

Top Earners Feel the Bite of Tax Increases --- Rich People Might Be Dumping Stocks To Pay For Their Big Fat 2013 Tax Bills
(DBN)

40% of Rich Hiding Money Overseas
(DBN)

CBO: Affordable Care Act getting even more affordable
(DBN)

Yellen and Her Low Inflation Nonsense
(DBN)

How The Racial Makeup Of America Will Change In The Next 50 Years --- The Fastest Way To Understand America's Changing Demographics
(DBN)

Low Wage Workers Pay the Price Twice
(DBN)

5 Takeaways On Wealth and Inequality From Piketty
(DBN)

Tensions over money flows bode poorly for global economy
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Home Sellers’ Asking Prices Hit Five-Year High
(DBN)

Real estate firm chief and ex-associate charged in $1M ‘short sale’ mortgage-fraud scheme
(DBN)

Fannie Slams The Door Shut On 2 CO Law Firms
(DBN)

Boston: Hotel/condo developer's reorganization upheld
(DBN)

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Municipalities:

Five seek post as judge's expert witness in Detroit bankruptcy case
(DBN)

Detroit Judge to Consider Debt Crisis Veteran as Adviser
(DBN)

Bankruptcy negotiations delay Detroit budget presentation
(DBN)

City of Detroit close to pension deal, which could pave way for bankruptcy exit
(DBN)

Lawyers for Detroit Retirees Seek Emails Between Obama, Michigan Governor
(DBN)

Free Press columnist wins Pulitzer for bankruptcy commentary
(DBN)

Detroit: Bankruptcy water deal with suburbs is dead --- Detroit may end up privatizing water department --- How privatizing DDOT could save Detroit millions
(DBN)

Detroit outsourcing
(DBN)

Special Deals Allow Detroit To Collect Hundreds Of Millions In Extra Revenue
(DBN)

Detroit's parking ticket plan sparks outrage
(DBN)

Moody's sees 'signs of progress' in Detroit bankruptcy
(DBN)

Detroit to launch auction website for abandoned homes
(DBN)

Detroit Sells Homes for $1000
(DBN)

Detroit finance chief: Budget process is 'very fluid' --- Bankruptcy case delays Detroit's usual budget process
(DBN)

Detroit : A Story of Bankruptcy , Hope, and the Road to Settlement
(DBN)

If You Thought Detroit's Art Was Finally Safe, You Were Very Wrong
(DBN)

Private money, public projects: More U.S. states doing deals
(DBN)

Gov. Snyder declares financial emergency in Lincoln Park
(DBN)

An important step in Stockton's recovery
(DBN)

America's Dirtiest Cities
(DBN)

The Most Normal States In America
(DBN)

America's Fastest Shrinking Cities
(DBN)

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Fraud:

Pace of John Wiley Price investigation is hard to understand --- Parsing That Long John Wiley Price Story
(DBN)

Lawyers start mining the Medicare data for clues to fraud
(DBN)

Lawyer involved in Miami-NCAA case charged by Bar
(DBN)

Mexico bank regulator, Citigroup report second fraud at Banamex
(DBN)

DBSI: Idaho investment executive convicted on 78 fraud counts
(DBN)

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Tax:

H&R Block Doesn't Want to Do Your Penny-Ante Taxes
(DBN)

TurboTax Maker Linked to Grassroots' Campaign Against Free, Simple Tax Filing
(DBN)

____________

Alternative Energy:

Loan Program That Boosted Tesla Faces New Scrutiny
(DBN)

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Musical Instruments:

Brass Instrument Maker SE Shires Files for Bankruptcy
(DBN)

____________

Healthcare:

State officials approve Berkshire Medical's new ER in North Adams
(DBN)

Are more job cuts coming at Wake Forest Baptist Medical Center? - Greensboro
(DBN)

How Risky Is It To Be Uninsured? - Financial Risk
(DBN)

___________

Celebs:

Not So Fast! ‘Chrisley Knows Best’ Star Heading To Court With Creditors As Show Is Renewed — Will They Take His Reality TV Money??
(DBN)

MC Hammer files legal papers to block US tax officials
(DBN)

Judge: Michael Jackson's Mom Owes for Lawsuit
(DBN)

____________

Aviation:

'Unruly, Soaked' Man Tries To Open Door Of Southwest Plane Midair
(DBN)

US Airways Tweeted An Extreme P--- Image And Left It Up For A Long Time --- US Air Apologizes
(DBN)

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Apparel:

Jones to keep negotiating for Hardwick
(DBN)

____________

Religion:

Gallup Diocese to mount advertising campaign on claims process
(DBN)

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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 (19 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (18 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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DIP Finance:

Break-Up Fees Available to Lenders too?
(DBN)

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Bankruptcy Rules:

MD PA: Public Notice regarding Proposed Amendments to Local Bankruptcy Rules and Forms
(DBN)

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Cash Collateral:

Cash Collateral Orders Revisited Following ResCap
(DBN)

Tenth Circuit Affirms Order Allowing Debtor to Use Oversecured Creditor's Cash Collateral to Pay Professionals
(DBN)

____________

Sales:

Judge may limit credit bid on Free Lance-Star
(DBN)

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Settlements:

A Practical Guide to Bankruptcy-Proofing Settlement Agreements
(DBN)

____________

Venue Reform Leads Survey Results
(DBN)

Telecoms:

LightSquared Says It Was Right to Shut Dish Chairman Charlie Ergen Out of Restructuring Plans
(DBN)

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Currency:

Mt. Gox founder won't attend US bankruptcy hearing --- 'Not Willing to Travel to US' for Bankruptcy Trial
(DBN)

'Bitcoin Millionaire' Indicted For Allegedly Funelling Cash To Silk Road
(DBN)

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Education:

States Crack Down on For-Profit Colleges, Student Loan Industry
(DBN)

More Business Students Are Asking Mom and Dad for Tuition Money
(DBN)

____________

Autos:

More tests ahead for GM after documents show culture of denial
(DBN)

Hedge Fund Manager Makes Lonely Defense of G.M.
(DBN)

GM CEO Seeks New Spokesman, Replaces Human Resources Head
(DBN)

Lawmakers Release 250,000 GM Recall Documents
(DBN)

Did GM Pull A Pinto?
(DBN)

Fisker Creditors Reach Deal to Split Cash From Sale of Operations --- Fisker creditors to receive $35 million
(DBN)

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Corporate Governance:

Hedge Funds Wield Risky Legal Ploy to Milk Buyouts
(DBN)

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Opera:

Closing an Opera With 'Dignity'
(DBN)

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Mass Torts:

Asbestos Defendants Seek Access to Bankruptcy Documents
(DBN)

Deadline set for victims to bring claims in deadly oil train derailment
(DBN)

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Brokers:

Stockbrokers Who Fail Test Have Checkered Records
(DBN)

____________

UK:

CBW hires insolvency practitioner to focus on SMEs
(DBN)

UK pawnbroker Albemarle & Bond rescue saves 628 jobs
(DBN)

UK Inflation Rate Falls to 1.6%, Lowest in Four Years
(DBN)

Punch Taverns says continues negotiations with stakeholders
(DBN)

____________

EU:

Europe Stocks Decline as Investors Weigh Ukraine Violence
(DBN)

Europe's Delusion of Economic Growth
(DBN)

____________

PIIGS:

Greece's economy is still a huge mess
(DBN)

Spain's Pescanova gets reprieve on debt restructuring deadline --- Pescanova Seen Seeking to Extend Restructuring Vote Deadline
(DBN)

ie: SME credit crisis 'will last five more years'
(DBN)

Banca Monte dei Paschi di Siena Considers Raising Up to ý5 Billion
(DBN)

____________

Canada:

Approval of a SISP in a BIA proposal: Re Colossus Minerals Inc.
(DBN)

Canadian payday loan provider seeks bankruptcy protection
(DBN)

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France:

Peugeot Releases Reorganization Plan
(DBN)

____________

Ukraine:

The US Is Considering Arming Ukrainian Forces --- Ukraine Says Operation in East Begins --- Putin Calls Obama About Ukraine, And The Conversation Is Tense--- Putin's Pain Threshold Presents Sanctions Dilemma --- Why Putin May Stand Down --- Ukraine Open to Vote on Regional Autonomy --- No sign of crackdown as Ukraine deadline passes --- War Fears Grow --- Ghosts of WWI --- Pentagon: Russian jet buzzed US warship --- Ukraine asks for UN peacekeepers --- Kiev's troops invisible in east Ukraine --- EU plans to increase sanctions on Russia --- West struggles to show united front --- Russia doesn't need to do another Crimea in east Ukraine. All it needs to do is sow chaos --- International Bailout of Ukraine, Like Greece Rescue, Faces Major Risks
(DBN)

____________

China:

China engineers ‘Potemkin defaults’ to mask debt reality
(DBN)

Housing Trouble Grows in China --- Too Much of a Good Thing: A China Property Glut FAQ
(DBN)

Yangtze River Delta becomes epicentre for China credit risk
(DBN)

China Tightens Oversight of Trusts as Default Risk Rises
(DBN)

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