August 20, 2014

The Daily Bankruptcy News

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Law:

Law Grads Feel ‘Practice Ready,’ Employers Seem To Disagree
(DBN)

The Greatest Lawyer Letter Ever? — Elite Eight
(DBN)

It’s Never Too Early To Quit
(DBN)

Business of Law
(DBN)

11th Circuit reverses bankruptcy sale, criticizes lawyer
(DBN)

Still no suspects named in fatal shooting of law prof
(DBN)

Ashurst hires major restructuring team in Asia
(DBN)

How Do Texas Firms Fare on Revenues, Head Count?
(DBN)

Law School Begins: Here's A Message to the New Crop of 1L's
(DBN)

Four N.Y. Schools Buck Trend in Declining Applications
(DBN)

Charleston School of Law kicks off new year amid uncertainty over ownership
(DBN)

The Case for Undergraduate Law Degrees
(DBN)

Salary Gap: Most Lucrative Industries Pay Women the Least
(DBN)

Beyond Biglaw: Warming the Chair (Part 2)
(DBN)

A Portrait Of A Prosecutor: 5 Fun Facts About Preet Bharara
(DBN)

The Benefits of Going Paperless
(DBN)

Progressive dads are screwing over women at work
(DBN)

Here’s What 'Business Casual' Really Means
(DBN)

Here’s How Your Clothing Affects Your Success
(DBN)

2014 ABA Tech Survey shows more attorneys using iPhones, but iPad use holds steady
(DBN)

New York Times Slams 'Overzealous Prosecution' Of Rick Perry
(DBN)

District Attorney Will Empanel Grand Jury In NYPD Chokehold Death Case
(DBN)

Rick Perry Produces An Over-The-Top Attack Video To Respond To His Indictment --- No arrest for Gov. Perry, but mug shot to be taken --- Gov. Perry Shows up to be 'Processed' --- Rick Perry's Mug Shot
(DBN)

Two People Shot, 78 Arrested, Buildings Set Afire in Ferguson --- The Front Page Of The St. Louis Post-Dispatch Says It All --- Decision of Whether to Charge Ferguson Police Officer Could Take Weeks --- The Unnerving Precedent Of Using The National Guard To Quell Civil Unrest --- Federal Police Misconduct Probe of Ferguson Cop Faces Likely Hurdles --- Pentagon Slams Critics of Police Militarization --- ISIS militants encourage Ferguson protesters to embrace Islamic extremism
(DBN)

Woman shoots 7-year-old grandson she mistook for an intruder
(DBN)

Brooklyn lawyer in high heels and dress chases down and catches teenage mugger
(DBN)

Women's Football League Sues over Wages
(DBN)

Accepting 243-pound pot shipment from undercover cop leads to lawyer’s disbarment
(DBN)

Mystery complainant sends ethics claim to 42 state bars; law firm seeks postal records for answers
(DBN)

‘Let’s kill all the lawyers’ quote is popular on novelty gift items
(DBN)

New Orleans Police Officer Turns Off Body Camera Minutes Before Shooting Suspect In Forehead
(DBN)

Man Fakes His Own Death to Avoid Marrying Girlfriend
(DBN)

Man accused of posting naked photos of ex on Web said lawyer told him he could do so
(DBN)

Cross-Dressing Mafia Boss Arrested
(DBN)

Man Charged With Second-Degree Felony for Vandalizing Banksy Graffiti
(DBN)

Cops: Woman Beat Man, 64, Over Gas Passing
(DBN)

Future Mind-Altering Drugs Could Make Prisoners Think They're In Jail For 1,000 Years
(DBN)

______________

Judges:

Lawyers for Arrested Federal Judge Say He Is 'Taking the Situation Very Seriously'
(DBN)

Judge to sex abuser mom: ‘You may be the vilest b*tch that I have ever met’
(DBN)

Provocation isn’t an excuse for lawyer’s F-word email, judge says
(DBN)

Breyer's Two Decades as the "Cold-Fish" Justice
(DBN)

Fingers Fly at Court-Reporting Championships
(DBN)

______________

Wall Street:

Futures dip ahead of Fed minutes
(DBN)

European Markets Are Down, Asian Markets Are Up, Futures Are Down
(DBN)

Stocks close higher as home construction rebounds
(DBN)

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Layoffs:

The Thing Employers Look For When Hiring Recent Graduates
(DBN)

Experts Predict How AI and Robotics Will Impact Jobs
(DBN)

It's Not a Skills Gap: U.S. Workers Are Overqualified, Undertrained
(DBN)

Many Who Have Left US Labor Force Are 'Open To Anything' To Return
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Financial Literacy:

Boys Learn More About Money Than Girls
(DBN)

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Healthcare:

Hospital in northeast Houston closes
(DBN)

Circle Family Healthcare staff owed $600K in back wages
(DBN)

Union says Trumbull Memorial to lay off 47 nurses
(DBN)

Alcohol is still the deadliest drug in the United States, and it’s not even close
(DBN)

____________

Shipping:

Container Shipping Rise Bodes Well for World Trade
(DBN)

____________

Fraud:

Zeek Receiver: Distributions To Start September 30; Foreign Clawbacks Coming In "Near Future"
(DBN)

CEO of bankrupt oil company sentenced in scheme
(DBN)

Federal appeals court refuses to delay Swenson sentencing in DBSI
(DBN)

3rd Circuit upholds insider-trading conviction based on information gleaned through AA friendship
(DBN)

Tennessee Man Gets 14-Year Sentence For $18 Million Ponzi Scheme
(DBN)

___________

Food/Beverage:

Crumbs Submits Bidding Procedures
(DBN)

Lemonis wins Crumbs bakery with unsweetened $6.5M bid
(DBN)

Elizabeth Warren Slams Market Basket As Company Battle Drags On
(DBN)

Solution still eludes Market Basket board
(DBN)

Loan repayment is key to Market Basket sale
(DBN)

Sued A&P execs near deal
(DBN)

____________

Farming:

Court Mishandled Cows After Farm Bankruptcy
(DBN)

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Theme Parks:

Conneaut Lake Park trustees seek more information before filing for bankruptcy
(DBN)

____________

Economy:

Almost Half Don't Think the Recession is Over
(DBN)

US housing market improving, inflation pressures muted --- Key Measures Show Low Inflation in July
(DBN)

Don’t count on U.S. consumer to save economy --- American Consumer is Back, with an Asterisk
(DBN)

Dollar hits multi-month highs on US-economy optimism
(DBN)

Will Yellen rattle markets from Jackson Hole?
(DBN)

Why Obama is getting zero credit for the improving US economy
(DBN)

America’s recession-torn construction belt
(DBN)

The poor get poorer: Low-wage jobs still dominate
(DBN)

Your paycheck has been shrinking for 5 years
(DBN)

Krugman: War Is Bad For The Economy
(DBN)

Robert Shiller: Bonds, housing are also pricey
(DBN)

65% of Americans Say Millennials Are “Entitled,” 58% of Millennials Agree
(DBN)

Early Look at 2015 Cost-Of-Living Adjustments and Maximum Contribution Base
(DBN)

National Credit Default Rates Remain at Historical Lows
(DBN)

Americans only take half of their paid vacation
(DBN)

Best, Worst Countries to Find Full Time Jobs
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

Mortgage Applications Are Going Nowhere — Here's Why That Tells Us Nothing About The Health Of Housing --- 3 reasons mortgage apps don't reflect housing strength
(DBN)

Mortgage Enforcement: Dot Those “i”s and Cross Those “t”s – Or Else
(DBN)

Housing Improves in Fits and Starts
(DBN)

BofA Accused of Rolling USA for $900 Million
(DBN)

SEC probes Ocwen for dealings with related companies
(DBN)

Housing Starts increase to 1.093 million Annual Rate in July --- Comments on July Housing Starts --- Housing starts soar in July; construction boosts Home Depot profit --- Secret housing indicators buried in Home Depot’s earnings
(DBN)

Ferguson, Missouri Is Part Of A Growing Suburban Poverty Trend
(DBN)

Chicago: Owing $170 million, developer settles with lender, seeks bankruptcy
(DBN)

Vinik will soon close on Channelside --- A look back at Channelside Bay Plaza drama
(DBN)

Colony Association vows to fight $5.1 million demand
(DBN)

___________

Municipalities:

Detroit bankruptcy : Syncora's last stand?
(DBN)

Detroit asks bankruptcy judge to order apology from adversarial creditor --- City lawyers criticize bond insurer of 'distortions,' 'half-truths'
(DBN)

Detroit bond deal can't send taxes to pensions, Syncora says
(DBN)

Here's what Kevyn Orr's daily schedule looks like over one week
(DBN)

Puerto Rico's PREPA CRO duties to include financial restructuring
(DBN)

Atlantic City Grapples With Empty Spaces
(DBN)

Value Of 100 Dollars By State
(DBN)

Where Each Big US City Falls On The Political Spectrum
(DBN)

____________

Telecoms:

Nortel settlement may be in sight as Canadian judge denies U.S. bondholders $1.6-billion in post-claim interest
(DBN)

NII Holdings Misses Interest Payment, Eyes Debt Restructure
(DBN)

____________

Banking:

Can the FDIC Assert Direct as Well as Derivative Claims of Stockholders of Failed Banks? The Seventh Circuit Says “No (But Maybe They Should)”
(DBN)

____________

Autos:

Is Saab Cursed?
(DBN)

Saab in 'talks' with investors
(DBN)

____________

Golf:

The Golf Business Is Terrible --- Dick's Sporting Goods expects golf to keep withering, shrinks business
(DBN)
]

____________

Electricity:

Energy Future Keeps a Lid on Questions About Solvency
(DBN)

Chicago Bears in Bankruptcy Brawl
(DBN)

____________

Retailing:

Aeropostale hires old CEO to save teen brand --- Desperate Aeropostale Turns To Former Cupcake CEO For Help
(DBN)

____________

Construction:

Trustee overseeing Truland bankruptcy opposes extension to file financial data
(DBN)

Truland given extension to file financial data despite lacking money or people to help
(DBN)

____________

History:

40 maps that explain the Roman Empire
(DBN)

____________

Tax:

The Tax Dodge That Has Plagued the U.S. for More Than a Decade
(DBN)

____________

Gambling:

Bankrupt Revel tells customers to cash in their chips now
(DBN)

Bag of Bankrupt Casino's Money Falls Out of Armored Truck
(DBN)

Showboat gambling to cease on Aug. 31; Revel to close two days later
(DBN)

Caesars works to upgrade balance sheet, but analysts unimpressed
(DBN)

More NJ casinos? You betcha!
(DBN)

____________

Finance:

Square Wants to Compete With Small Business Lenders
(DBN)

____________

Fragrances:

Elizabeth Arden posts biggest ever loss
(DBN)

____________

Celebs:

Anna Nicole Smith's estate loses bid for millions
(DBN)

____________

Recycling:

Grand Jury: ‘No prosecutable criminal case’ on Ball Ground Recycling
(DBN)

____________

Cutlery:

Lamson & Goodnow files for bankruptcy
(DBN)

____________

New Bankruptcy Opinions
(2 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 (2 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:

Fitch: US TMT Companies Lower Reorganization Multiples in Bankruptcy Compared to Other Corp Sectors
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

______________

Avoidance Actions:

Tenth Circuit Clarifies UFTA's Good Faith and Subsequent Transferee Defenses
(DBN)

____________

Recent Pleadings:

Private Equity Firm Can't Dodge WARN Bullet, Court Says Employees Adequately Pleaded "Single Employer"
(DBN)

______________

TBTF:

TBTF and the Futility of the Living Will
(DBN)

Regulators' Rebuke of 'Living Wills' Proves Dodd-Frank Is Working
(DBN)

____________

Corporate Reform:

N.Y. Financial Watchdog Fines Standard Chartered $300 Million
(DBN)

____________

Aviation:

Creditors prefer Rock Airport bankruptcy plan
(DBN)

Government panel to launch review of JAL bailout
(DBN)

Hello? Hello?! Flight Aborts Landing As Air Traffic Controllers Nap
(DBN)

____________

Mass Torts:

Freedom Industries Files Creditor-Payment Plan
(DBN)

____________

Education:

5 Signs Your College is in Serious Financial Trouble
(DBN)

____________

Sovereigns:

Argentina Bond Fight Hits TV as Holdouts Cite 97-Year-Old
(DBN)

Argentina to Sidestep US Ruling by Paying Bonds Locally --- Argentina suggests debt swap to dodge US court ruling
(DBN)

The “vulture funds” are tired of being portrayed as the bad guys in Argentina’s debt crisis
(DBN)

Elliott Casts Wide Net For Argentine 'Corruption'
(DBN)

Argentina plans legislation to take back control of debt
(DBN)

Argentina Default Shutting Buenos Aires Bond -Sale Window
(DBN)

Argentina Farmers Struggle to Finance Crops After Default
(DBN)

Citibank Could Lose Argentina Branch Over Court Order --- Citi tells Griesa its banking license in Argentina is at risk because of the 'holdouts case'
(DBN)

Argentina's jobless rate rises as it battles recession
(DBN)

ISDA delays Argentina CDS auction until September
(DBN)

____________

UK:

Deloitte accused of costing taxpayers £50m for botched administrations
(DBN)

Lehman pensions safeguarded for 2500 UK employees --- Lehman Brothers' staff win pensions after 6-year battle
(DBN)

Offshore tax evaders face new criminal offence
(DBN)

Are London house prices finally falling back to earth?
(DBN)

Rebels Inside The Bank Of England Are Fighting Mark Carney's Low Interest Rate Regime
(DBN)

UK bank hit with $300 million New York fine
(DBN)

____________

EU:

U.S. investors flee Europe
(DBN)

Cyprus: Binding resolution sought for insolvency
(DBN)

____________

PIIGS:

Too early for crisis-hit Greece to claim victory --- Wages and salaries drop more in 2013
(DBN)

Irish banks in limbo as ECB stress testers pore over data
(DBN)

____________

Canada:

Canadian runaway train disaster blamed on 'weak safety culture,' poor oversight
(DBN)

Lac-Mégantic report condemns Transport Canada
(DBN)

Lac-Mégantic: ‘This thing did not just happen’ because of engineer, lawyer says
(DBN)

____________

France:

The Most Unpopular President In Modern French History Is Speeding Up Reforms
(DBN)

____________

Brazil:

Brazil iron miner MMX shares tumble on report may file bankruptcy --- MMX Said to Pursue Asset Sale to Avoid Bankrupt Filing --- Brazil miner MMX says not filing for bankruptcy, denies report
(DBN)

Brazil’s presidential election features two frontrunners with amazing stories
(DBN)

Trading probes on Brazil's Batista due in 2015: regulator
(DBN)

____________

South Africa:

Business rescue provisions in Companies Act ‘groundbreaking’, says Davies
(DBN)

Moody's downgrades South African banks --- S.Africa cenbank disputes Moody's banks' downgrade
(DBN)

____________

Iceland:

Iceland’s last giant volcanic eruption cost the global economy $5bn. Is that about to happen again? --- Just To Let You All Know...
(DBN)

____________

Ukraine:

Ukraine’s Next Crisis? Economic Disaster
(DBN)

'Everything Is Coming To A Head' For Russian-Backed Separatists In Ukraine
(DBN)

____________

MENA:

American Photojournalist Murdered By ISIS
(DBN)

The Curse of the New Islamic State
(DBN)

Oil Companies Turning Away from Middle East
(DBN)

____________

Romania:

Fly Romania asks for insolvency
(DBN)

____________

China:

Bank of China Doubles Money for Bad Loans as Growth Slows
(DBN)

____________

 

 

 

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