August 28, 2014

The Daily Bankruptcy News

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Law:

Ex-Dewey UK partners could be sued by liquidators
(DBN)

Why The New Normal For Document Review Spells Disaster
(DBN)

Male Foley partner loses bias case over earnings
(DBN)

Is Delaware decision a sensible ‘chip in the attorney-client privilege’?
(DBN)

‘Immediate and severe’ action is taken against lawyer for firmwide email condemning gay marriage
(DBN)

The Law-School Scam
(DBN)

The View From Up North: Law Schools Acting Like Businesses
(DBN)

Business of Law
(DBN)

Robbins Geller Ordered To Pay Sanctions To Boeing Over `Confidential Witness' Who Wasn't
(DBN)

Stealth Disruption in Law Firms
(DBN)

Baker & McKenzie chooses Belfast for second global services center
(DBN)

How Two Stay-At-Home Moms Are Changing The Legal Industry
(DBN)

Things To Know Before Buying A Custom Suit
(DBN)

Words That Will Make You Seem Polite
(DBN)

Smartphones, Tablets, And Smartwatches Coming In 2014
(DBN)

Can Lawyers Cover Events Better than Mass Media?
(DBN)

The Procrastination Doom Loop—and How to Break It
(DBN)

Study: Nobody Is Paying Attention on Your Conference Call
(DBN)

Video shows moments before 9-year-old girl accidentally killed shooting instructor with Uzi
(DBN)

US court allows city 10 Commandments monument while other secular displays banned
(DBN)

Former managing partner embezzled $30M from law firm and affiliated title company, suit says
(DBN)

Homeless man who accepted award for Miley Cyrus is wanted by police
(DBN)

Greatest Ice Bucket Challenge
(DBN)

Here's What Happens When Someone Calls A SWAT Team On You As A Prank
(DBN)

Sister Of Accused Boston Marathon Bombers Arrested Over Alleged Bomb Threat
(DBN)

Cops: Babysitter stabbed man who refused her
(DBN)

In Memoriam: Miguel Sanchez, A.K.A Lionel Hutz
(DBN)

TX: Killed the Man Who Killed Sons: Not Guilty
(DBN)

John Lennon's Killer: Sorry, I Was an Idiot
(DBN)

______________

Judges:

Why the federal court record system PACER is so broken, and how to fix it
(DBN)

Judge accused of punching, choking and biting his wife is indicted and put on leave
(DBN)

Judge Posner’s Blistering Benchslaps At The Same-Sex Marriage Arguments
(DBN)

Judge in rape trial: ‘Conviction rates will not improve until women stop drinking so heavily’
(DBN)

Watch the Gifts, Ethics Committee Tells Judges
(DBN)

The Extreme Partisanship of the Robert's Court
(DBN)

Speed of ABQ Bankruptcy Court is best in nation
(DBN)

______________

Wall Street:

US Stock -Index Futures Slide After S&P 500 Above 2000
(DBN)

Markets Around The World Are In The Red
(DBN)

Stocks drift higher; S&P 500 holds on to 2000
(DBN)

How the Dow Has Changed
(DBN)

'Complete turmoil' in upcoming correction
(DBN)

Analyst: The Buyback Bonanza Is Ending And The Stock Market Bubble Is Making A Hissing Sound
(DBN)

______________

Layoffs:

What's the Real US Unemployment Rate? We Have No Idea
(DBN)

What I did after losing my job
(DBN)

‘Seismic’ 9th Cir. rulings nix FedEx claim its drivers aren’t employees, could cost company millions
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Personal Finance:

10 Easy Ways To Keep Yourself From Spending Too Much Money
(DBN)

High Food Prices Lead to Trade-offs Even in Upper-Income Households - Downgrading To Chicken
(DBN)

7 Stupid Beliefs Even The Smartest People Have About Money
(DBN)

____________

Debt Collection:

The business of collecting money from dead people
(DBN)

____________

Gambling:

Owner says Showboat will definitely close Sunday
(DBN)

You Have Until September 15 To Cash In Your Chips From Atlantic City's Bankrupt Revel Casino
(DBN)

Lady Luck abandons Atlantic City casinos
(DBN)

____________

Education:

Former For-Profit College Admissions Officer: It's 'Nothing More Than A Sales Job'
(DBN)

____________

Food/Beverage:

Crumbs Wins Court Approval to Reopen Under Dippin' Dots Management
(DBN)

Creditors still eating up Hostess
(DBN)

Will Demoulas saga's next chapter involve bankruptcy?
(DBN)

Market Basket feud ends with sale to former CEO
(DBN)

____________

Electricity:

As Energy Future extends reorg timetable, NextEra withdraws proposal
(DBN)

Bankrupt Energy Future will soon propose auction process
(DBN)

____________

Retailing:

RadioShack lifeline in sight as cash dwindles --- Radio Shack Seeks Lifeline From Bankruptcy --- RadioShack Surges 19% on Possible Bankruptcy Rescue Plan
(DBN)

Where Are They Now: The Great Suburban Mall Store Demise
(DBN)

Best Buy Vs. RadioShack: Which One Will Fail First?
(DBN)

____________

Fraud:

4 Lessons Every Investor Can Learn From Enron
(DBN)

____________

Coal:

US Coal Heartland in Economic Freefall
(DBN)

Judge OKs sale of 3 James River Coal mines
(DBN)

Why abundant coal may have ‘cursed’ the Appalachian economy
(DBN)

____________

Compensation:

The obscure part of Obamacare that takes on executive pay
(DBN)

Companies plan to loosen purse strings on pay
(DBN)

____________

Corporate Governance:

Companies say goodbye to chief operating officers
(DBN)

____________

Chemicals:

In cram-down fight, Momentive loses the battle, but wins the war
(DBN)

____________

Economy:

US Economy Forecast to Grow by 1.5 Percent in 2014
(DBN)

Credit Card Debt Increasing Across the Nation’s Largest Metro Areas
(DBN)

CBO Offers Mixed Forecast of U.S. Budget, Economy for Next Decade --- CBO Projection: Budget Deficits in Future Years to be Smaller than Previous Forecast --- Deficit falls to $506 billion in 2014, but debt continues to rise
(DBN)

US Economy Growing Slower Than White House Predicted
(DBN)

The New Federal Budget Forecast Is Completely Unrealistic
(DBN)

Americans still negative about economy --- Why We're So Down in the Dumps About the Economy
(DBN)

U.S. Budget Gap Narrows to Smallest Since 2007, CBO Says --- CBO forecasts $506 billion budget deficit for 2014
(DBN)

Rosenberg: 'History Suggests That The Next Recession Is At Least Four Years Away'
(DBN)

The Market Expects The US Economy To Expand For Another 5 Years
(DBN)

JPMorgan's long-term bet on a US recovery
(DBN)

Fewer economists believe US policy on right track
(DBN)

Yellen's View on Slack Labor Market Muddied by Pent-Up Wage Deflation
(DBN)

Our Bifurcated Recovery
(DBN)

2008: Worse than the Great Depression?
(DBN)

Americans Are Feeling Pretty Good About Everything
(DBN)

Consumer Confidence in U.S. Rises to Almost Seven-Year High
(DBN)

Gallup: Economic Confidence Index Unmoved at -16
(DBN)

Medicare: Not Such a Budget-Buster Anymore
(DBN)

How Poor Are America's Poorest? U.S. $2 A Day
(DBN)

Australia's Ex-Foreign Minister: 'Swivel-Eyed Neo-Cons' Bankrupted America And Drained Its Military Strength
(DBN)

Who's In The Office? The American Workday In One Graph
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

Who Wants to Build the Chicago Spire?
(DBN)

Freddie Mac: Mortgage Serious Delinquency rate declined in July, Lowest since January 2009
(DBN)

MBA: Mortgage Applications Increase in Latest MBA Weekly Survey
(DBN)

Average 30 Year Fixed Mortgage Rates decline to 4.11%, No "Refi Boom" in Sight
(DBN)

Zillow: Case-Shiller House Price Index expected to slow further year-over-year in July
(DBN)

4 charts show how even Realtors are losing confidence in housing
(DBN)

Fannie Mae Changes Waiting Periods for Buyers With Prior Short Sale
(DBN)

Why immigrants weathered the housing bust better than the U.S.-born population
(DBN)

Nashville: MDHA properties in jeopardy due to unexpected tax bill, bankruptcy possible
(DBN)

Bank offers free cat visits to boost mortgage lending
(DBN)

Here are the most active states for mortgage fraud schemes
(DBN)

____________

Municipalities:

Bankrupt Detroit offered bigger loan secured by art
(DBN)

$4 billion loan no grand bargain for Detroit
(DBN)

Detroit says investor demand for water/sewer bonds is big
(DBN)

Detroit Water Crisis: Shutoffs Resume After Month-Long Moratorium
(DBN)

Squatters on the Rise in Cash-Strapped Detroit
(DBN)

Scranton pension funds will be broke in 3 to 5 years
(DBN)

Shamokin receives DCED loan, prepares to pay vendors
(DBN)

N.J.'s Atlantic County has U.S. biggest metro employment drop in July
(DBN)

California city looks to quit Calpers, fears it can't afford to
(DBN)

____________

Politics:

Elizabeth Warren to appear on Letterman
(DBN)

Liberals' Greatest Hope for President in 2016 Keeps Ignoring Them
(DBN)

____________

Tax:

How companies shrink their taxes by leaving U.S.
(DBN)

Goldman Sachs, Skadden, Arps Still on Kings of Inversion Deals
(DBN)

Warren Buffett Is A Tax Avoider. Good For Him. --- Blame Burger King deal, not Warren Buffett --- Warren Buffett Complicates Inversion Argument For Dems --- Buffett's Curveball in Tax-Inversion Debate
(DBN)

Warren Buffett is 'betting against America' on Burger King. Or is he?
(DBN)

'Inversions' turning tax reform upside down
(DBN)

Burger King and the whopper about global taxation
(DBN)

Burger King's Tax Inversion Might Not Be A Winning Strategy For Investors
(DBN)

Tim Hortons makes more money than Burger King and Dunkin’ Donuts, combined
(DBN)

____________

Aviation:

Malaysia Airlines' Employees Are Quitting, And A Whole Bunch More Are About To Get Laid Off
(DBN)

These Photos Show Just How Bad Business Is For Malaysia Airlines Right Now
(DBN)

Here's What 'Business Class' Is Like on Europe's Ultra-Cheap Budget Airline
(DBN)

Airplane scuffle helps entrepreneur's sales take off --- Americans strongly agree: You shouldn’t stop people from reclining on planes --- No Wonder Passengers are Fighting Over Legroom on Airliners
(DBN)

Serial airline stowaway attempter is now in Arizona, where she has been arrested again
(DBN)

____________

Autos:

GM's Ignition-Switch Fund Has Already Received More Than 100 Death Claims
(DBN)

Saab owner Nevs to go into administration --- Saab Auto's Chinese-Backed Owner Goes Bust --- Saab maker NEVS asks court for debt moratorium to secure funding
(DBN)

Arachnophobia Hits Suzuki
(DBN)

____________

Healthcare:

Lake Shore Health closure plan withdrawn --- Lake Shore hospital plans to stay open under its own management
(DBN)

Dosher trustees vote to offer early retirement to help ease hospital's financial troubles
(DBN)

Westgate Nursing Home exits bankruptcy
(DBN)

Vidant Health Expects 175 Positions Cut, Surplus Reduced In 2015
(DBN)

____________

Ratings Agencies:

SEC Votes 3-2 to Complete Rules Curbing Conflicts at Credit-Rating Firms
(DBN)

____________

Telecoms:

Corinne Ball: LightSquared Contest Continues: Court Denies 'Unfair' Plan
(DBN)

____________

Small BUsiness:

Small Business' Big Mistake: Contractors
(DBN)

____________

Education:

Education Management restructuring to lower debt by $1.1 bln
(DBN)

Students of Anthem College Las Vegas face uncertain future
(DBN)

____________

Student Debt:

How Far Can the Student Loan Refinance Bill Go?
(DBN)

____________

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 (14 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)

______________

Bankruptcy Statistics:

NV July Ch. 11 Filings Up 7% YtoY --- Jan-Jul Down 33% YtoY
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

______________

Avoidance Actions:

Fraudulent Transfers between Foreign Parties Not Recoverable under Section 550(a)(2)
(DBN)

____________

Sales:

To (Credit) Bid Or Not To (Credit) Bid, That Is The Question
(DBN)

____________

Bankruptcy Litigation:

Failure to Provide a Translation Does not Translate to Victory
(DBN)

____________

Recent Pleadings:

Release The Hounds: Constar Wants To Sic Diamond McCarthy On Litigation Targets
(DBN)

____________

TBTF:

Living Wills Could Hasten Bank Divestitures
(DBN)

____________

Banking:

Big U.S. banks prepare to make even more money
(DBN)

Banks’ $128B settlement tab is twice last year’s profits
(DBN)

Feds: Russians Hacked American Banks
(DBN)

___________

Guns:

Smith & Wesson Shares Are Tanking --- People Aren't Buying Guns --- Here Are The States Where Tons Of Americans Are Getting Gun Background Checks
(DBN)

____________

Brokers:

Progress for victims of MF Global
(DBN)

PwC must face $1 bln lawsuit over MF Global advice
(DBN)

____________

Sovereigns:

Argentina wants deal with all holdout investors together
(DBN)

Kicillof urges Congress not to become 'Judge Griesa’s clerk office'
(DBN)

'Paying vultures means passing debt problems to future governments'
(DBN)

Argentina Set for Second Strike as Default Deepens Economic Woes
(DBN)

Soros’s Argentine Bond Bet Revealed in Lawsuit in London
(DBN)

Cry for Argentina
(DBN)

Hedgie Kyle Bass crying as Singer, Argy dispute deepens
(DBN)

Argentine Senate committees approve debt swap bill
(DBN)

Ex-U.S. Cabinet Members Lobbying For Elliott
(DBN)

Capitanich: 'Argentina is under speculative attack'
(DBN)

____________

UK:

UK mortgage approvals show shift from new rules
(DBN)

Begbies Traynor partner up for major award
(DBN)

Cobbetts' bank debt deferred pending legal action
(DBN)

RBS Sued by Bankrupt U.K. Student Housing Firm Over Libor
(DBN)

Deloitte sees continued revenue growth
(DBN)

PwC to face $1bn lawsuit
(DBN)

The main golf clubs that have closed down
(DBN)

____________

EU:

Can Mario Draghi save the euro again?
(DBN)

Eurozone Borrowing Costs Fall To Record Lows
(DBN)

The US And European Economies Are Decoupling
(DBN)

Cyprus: BOCY braces for more battles
(DBN)

European Bank Cleanup Drives $1.72 Trillion of Asset Sales
(DBN)

Euro-Area Confidence Falls as Spain Price Drop Fuels ECB Woes
(DBN)

Cheapest Bonds Extend Drop as Creditors Meet
(DBN)

____________

PIIGS:

'Bankrupt' Italian couple caught on luxury yacht
(DBN)

US court told of plans by creditors to block Dunne's bankruptcy --- Next phase in Sean Dunne vs Nama battle beckons
(DBN)

____________

France:

The Underwhelming Case Against the IMF's Christine Lagarde --- Bland Lagarde will escape the Bretton Woods curse
(DBN)

____________

Ukraine:

Ukraine Says More Tanks Roll In From Russia Despite Talks
(DBN)

Let's be clear on this: Russia is invading Ukraine
(DBN)

Ukraine Braces for Second Front
(DBN)

____________

MENA:

Obama Is Trying To Enlist A Bunch Of Countries To Hit ISIS Harder --- Obama May Not Get The International Help He Wants To Fight ISIS
(DBN)

Hundreds Of Westerners Have Joined ISIS — Here's Where They Came From
(DBN)

How The World's Richest Terrorist Group Makes Millions Every Day
(DBN)

Yazidis: Forget Food, We Need Weapons
(DBN)

____________

Hong Kong:

The status of foreign liquidators recognized in Hong Kong
(DBN)

____________

Argentina:

Gov't vows to 'monitor' RR Donnelley bankruptcy to guarantee jobs
(DBN)

____________

Chile:

Chile’s La Polar Creditors Agree to Receive 67% of Company
(DBN)

____________

Iceland:

Dutch State Recoups Icesave Funds in Full by Selling Claim
(DBN)

____________

Africa:

In Africa a Bright Idea in Banking Leaves a Trail of Ruin
(DBN)

____________

China:

China's Largest Bad-Debt Manager Says Goldman, Warburg, Others To Buy $2.4 Billion Stake
(DBN)

China: Protests Over Falling Home Prices
(DBN)

____________

 

 

 

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