August 4, 2014

The Daily Bankruptcy News

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Law:

Legal Sector July 2014 Jobs Report - 200 Jobs Lost (sluggish trend continues)
(DBN)

Finding Your Passion Above The Law (Part 3)
(DBN)

UK law firm mergers soar
(DBN)

Government paralegals making up to $80K had little work to do, report says --- Paralegals Paid Up To $80K To Play Online, Watch TV
(DBN)

Decision due this year on US$20m fine threat to Chicago law firm
(DBN)

Goldman Sachs leveraged finance group loses enthusiasm for Linklaters
(DBN)

What Really Should Be in General Counsel's Skill Set
(DBN)

Insane And Awesome Lawyer Ad
(DBN)

Pivoting your career back to a law firm
(DBN)

Flashback: ATL Lawyer of the Year, 1974
(DBN)

Law School Dean Thinks Law School Is Important
(DBN)

ABA Poised to Adopt Sweeping Changes to Law School Accreditation Standards This Week --- Legal Education Due For a Makeover
(DBN)

Details Emerge in Murder of Dan Markel
(DBN)

Virginia Apologizes To UVA Student For Confusing Her With Jesus Christ
(DBN)

11 iPhone Camera Gadgets That Will Make Your Photos Much Better
(DBN)

5 Email Tricks You Didn't Know You Could Do On Your iPhone
(DBN)

Three Common Productivity Tasks That an iPad Performs Better Than a PC
(DBN)

The Role iPads Play for Lawyers Today
(DBN)

Facebook Went Down And People Started Calling The Cops
(DBN)

Coworkers You Should Never Friend On Facebook
(DBN)

Lawyer not required to report colleague’s mental lapses absent ethics violation, ethics opinion says
(DBN)

Firearms Instructor Accidentally Shoots Himself During A Lesson
(DBN)

Death Of Man Killed By NYPD Chokehold Ruled A Homicide
(DBN)

Woman 'Traumatized' After NYPD's Arrest Left Her N----
(DBN)

Racy Emails Emerge In Corruption Trial Of Former Virginia Governor
(DBN)

Private Prison Companies Could Make A Lot Of Money From The Migrant Border Crisis
(DBN)

Modern mafia bosses flaunt their wealth and power on Facebook
(DBN)

Things Not To Say (Or Admit) To A Law Enforcement Agent
(DBN)

Woman finds 80 skeletons crammed into Ikea bags
(DBN)

Should Attorneys Be Prevented From Googling Jurors During Voir Dire?
(DBN)

Grandmother sentenced to jail for public s-- at retirement community
(DBN)

Woman Allegedly Tries to Steal Police Car With Two Officers Inside
(DBN)

Don't Mess With Mr. Nguyen
(DBN)

Woman Eats Cookies For Breakfast, Roommate Attempts to Murder Her
(DBN)

The Hamptons police blotter
(DBN)

Cliven Bundy: God Told Me to Do It
(DBN)

'Knockout' video suspect will claim insanity
(DBN)

Arizona Inmate Was Injected 15 Times
(DBN)

Border militias moving across Texas
(DBN)

______________

Judges:

Justice Ginsburg: Supreme Court will take up same-sex marriage by 2016
(DBN)

Ruth Bader Ginsburg And The Myth Of The Indispensable Man
(DBN)

Obit: Judge Edwin D. Breland
(DBN)

Report from Review of Three Bankruptcy-Related Supreme Court Decisions
(DBN)

The education of Mr. Justice Jackson
(DBN)

Judges vote to unionize
(DBN)

Judge stopped trial because he had tickets for event - 'I've got tickets... they were bought a while ago'
(DBN)

______________

Wall Street:

 

S&P 500 suffers worst week since June 2012
(DBN)

Wall Street on Edge
(DBN)

______________

Layoffs:

Weak market blamed for coal layoffs
(DBN)

Army to force 550 majors to leave service
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Education:

CalVet Takes Action After Bryman College Declares Bankruptcy and Closes
(DBN)

____________

Aviation:

Court dismisses Freedom Air bankruptcy case
(DBN)

____________

Coal:

Pushing Back Against Obama's War on Coal
(DBN)

____________

Autos:

GM Recall Information Falsified at Website --- GM help site as defective as the switches, feds say
(DBN)

GM's faulty-ignition fund taking victims' claims
(DBN)

It's Preview Season For GM Claims
(DBN)

U.S. Light Vehicle Sales decline to 16.4 million annual rate in July
(DBN)

Americans Are Driving Ancient Cars, And That's Pushing New Vehicle Sales Higher
(DBN)

____________

Celebs:

The Broke and the Beautiful: Ne-Yo Edition --- Grammy winner Ne-Yo: Ex-manager owes me $8M
(DBN)

Nearly 80% Of NFL Athletes Blow All Their Money — Here's Who Didn't Mess It Up
(DBN)

Creditors Accuse Jacqueline Laurita And Chris Laurita Of Purposely Delaying Bankruptcy Trial To Avoid Debts
(DBN)

Lenny Dykstra: Out of Prison, and Still Headstrong
(DBN)

____________

Aviation:

Would a Name Change Help Malaysia Airlines?
(DBN)

____________

Student Debt:

Families are finding alternatives to student loans
(DBN)

____________

Healthcare:

NRMC announces employee pay cuts
(DBN)

Bankruptcy Court OKs BMC Bid for Northern Berkshire Healthcare
(DBN)

State Auditor Probing Fiscal Health of Kentucky's Rural Hospitals
(DBN)

One of the healthcare sectors is not like the others --- Hospital jobs are declining again
(DBN)

____________

Boating:

Buoyant market for yachts as rich return... Sales of luxury crafts at highest level since financial crisis
(DBN)

____________

Retailing:

Retailer Dots Bounces Back After Shutting Down in Bankruptcy
(DBN)

Remember these stores? Retailers that went bust
(DBN)

Love Culture's plans approved over Simon's objection
(DBN)

____________

Television:

CSN Houston Still Bankrupt , Still Not Coming to a TV Near You
(DBN)

____________

Food/Beverage:

Judge Rules Allens Inc. Must Pay $2M Claim
(DBN)

____________

Construction:

Army Corps delayed payments on Utah project tied to Truland
(DBN)

____________

Economy:

Economy adds 209,000 jobs in July; unemployment rate edges up to 6.2 percent
(DBN)

Sorry Obama, this is not the best job market since 1997 --- For Jobs, 2014 Has Been the Best Year of the Recovery—By Far --- The US Labor Market Looks Tight
(DBN)

Manufacturing Job Creation Eases To 13-Month Low
(DBN)

Wall Street Worries You're Being Paid Too Much
(DBN)

College Grads Group Saw Their Unemployment Rate Fall — For The Wrong Reasons
(DBN)

Not so golden: Wealth gap lasting into retirement --- Retirees Are Happily Living On Only 66% Of Their Previous Income
(DBN)

Demographics: Prime Working-Age Population Growing Again
(DBN)

Watch hospitals replace factories
(DBN)

Public and Private Sector Payroll Jobs: Carter, Reagan, Bush, Clinton, Bush, Obama
(DBN)

Corporate Debt Is Piling Up
(DBN)

Greenspan: The US Economy Is 'Running Out Of Buffer'
(DBN)

More and more Americans are living with the ‘double burden’ of concentrated poverty
(DBN)

The amazingly rapid suburbanization of poverty
(DBN)

How 16 Of The Oldest Companies On Earth Have Been Making Money For Centuries
(DBN)

What People Earn Has Little Or No Relationship To Their Worth To Society
(DBN)

Buffett's Berkshire billions billowing --- Warren Buffett: How to Avoid Going Broke
(DBN)

Krugman On Ryan: Con Men Aren’t Stupid --- Quadrillions and Quadrillions --- Knowledge Isn’t Power
(DBN)

Actually, Some Material Goods Can Make You Happy
(DBN)

TPG Is Said to Seek $12 Billion Fund After Boom-Era Busts
(DBN)

Obama Order: Companies Must Admit Wrongs
(DBN)

Poll: 75% Say Our Two Wars Were Failures
(DBN)

US Cities Homeless Crackdown, Ethic Cleansing?
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

Lawler: More Builder Results and Summary Table
(DBN)

Construction Spending decreased in June
(DBN)

Banks Burdened With Compliance Costs Outsource Home Loans
(DBN)

Settlement reached in Lake Las Vegas lawsuit against Bass brothers
(DBN)

JPMorgan Mortgage-Bond Accord Mostly Accepted by Trustees
(DBN)

Frightening Growth of Suburban Slums
(DBN)

____________

Municipalities:

Federal judges put a halt to appeals in Detroit bankruptcy case
(DBN)

Come on, Judge Rhodes — take Detroit's bus tour of hope and despair --- Detroit Bankruptcy bus tour: Your turn to tell creditors where to go
(DBN)

Detroit's resilience must be seen to be believed
(DBN)

Detroit poised for takeoff, but still needs big private sector assist
(DBN)

Mayor Duggan takes over DWSD, now what?
(DBN)

Groups keep pressure on Detroit over water shut-offs
(DBN)

Levee district in St. Peters files Chapter 9 bankruptcy
(DBN)

A Puerto Rican Solution for Illinois
(DBN)

Puerto Rico Debt Load Defied as Bonds Extend Rally
(DBN)

Toledo Loses Its Water Supply to Toxins
(DBN)

San Bernardino has yet to move beyond bankruptcy
(DBN)

Stockton's bankruptcy and pension reform
(DBN)

Chris Christie's latest big lie: Bankrupt scare tactics
(DBN)

Christie Pension Fixes Range From Unlikely to Unpalatable
(DBN)

Adelanto officials say disincorporation last resort
(DBN)

____________

Mass Torts:

Parties Exchange Accusations in Asbestos Case
(DBN)

Bankruptcy Judge Vows to Move Asbestos Case Swiftly
(DBN)

For victims, tainted peanut butter trial a chance for justice
(DBN)

Prosecutor: Ga. peanut plant faked lab results
(DBN)

Locomotives from bankrupt railroad to be auctioned
(DBN)

____________

Alternative Energy:

ME: Owls Head solar energy company, supported by state funds, files for bankruptcy
(DBN)

LDK Solar has amassed funds needed to exit insolvency
(DBN)

Obama’s Delay on Renewable Fuel Puts Producers in Bind
(DBN)

____________

Tax:

Up to $20 Billion In Tax Revenue Potentially Lost
(DBN)

Inversions: Investors May Be Hit with Tax Bills
(DBN)

____________

Banking:

Unofficial Problem Bank list declines to 451 Institutions
(DBN)

Morgan Stanley Once Made A 6-Figure Loan To A Man Whose Only Collateral Was An Unredeemed Lottery Ticket
(DBN)

What that $34 overdraft fee is really costing you
(DBN)

____________

Weather:

California declares war on lush lawns
(DBN)

Calif. Governor Declares Emergency on Fires
(DBN)

Drought: Lake Mead, Before and After
(DBN)

Scientists May Have Solved Siberian Crater Mystery
(DBN)

____________

Video Games:

Judge says Raimondo must be deposed on 38 Studios
(DBN)

____________

Gambling:

Revel Aims to Secure a Buyer to Prevent Shutdown
(DBN)

____________

Labor:

Class Certification Granted to Former MF Global Employees Seeking Vacation Pay
(DBN)

____________

Distressed Investing:

Distressed Acquisitions
(DBN)

____________

MLM:

Sometimes, life is like a box of cacao products
(DBN)

____________

Personal Finance:

Here's What To Do When Your Partner Is Lying About Money
(DBN)

15 Cognitive Biases That Mess With Your Money
(DBN)

12 Ways To Spend Less At Any Restaurant
(DBN)

____________

Nonprofits:

YMCA of Metropolitan Milwaukee updates ongoing restructuring effort
(DBN)

KidsPeace out of bankruptcy
(DBN)

____________

Finance:

Make-Whole Provisions Continue to Cause Controversy
(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 (8 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:

HI: Bankruptcy filings continue to decline
(DBN)

Bankruptcies keep declining in Buffalo area
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

______________

IP:

Key Court Holds Trademark License Survives Bankruptcy
(DBN)

Uncertainties Remain Following the Eighth Circuit's En Banc Decision in Interstate Bakeries
(DBN)

____________

Bankruptcy Reform:

Bill Would Let 'Medically Distressed' Cast Off Student Loans
(DBN)

Puerto Rico To Get Chapter 9?
(DBN)

____________

Discharge:

Creditors: Delete a discharged debt from a credit report or face possible liability
(DBN)

____________

Interest:

Post-Petition Interest: Default Rate Is Not a Slam Dunk
(DBN)

____________

Recent Pleadings:

Thornburg Mortgage Trustee's $94 Million Suit Against Barclays Moves Forward
(DBN)

Baker Botts Seeks SCOTUS Review of 5th Circuit Decision Denying $5.2 Million For Defending Fee App
(DBN)

______________

TBTF:

Too big to fail is going out of style, says new GAO report --- ‘Too-Big-To-Fail’ Becomes Too-Hard-To-Solve in GAO Study
(DBN)

Big Banks Still a Risk
(DBN)

____________

Litigation:

Less Is More: Proposed Rule 37(e) Strikes the Right Balance
(DBN)

Social Media Hearsay Objections
(DBN)

____________

Fraud:

Judge Won't Compel Arbitration in Stanford Case
(DBN)

Cheating Banker Gets Mercy After Wife’s Plea to Judge
(DBN)

How Common or Rare is Corporate Fraud ?
(DBN)

____________

Sovereigns:

Global System Is Needed for Debt Restructuring
(DBN)

Argentina blames US mediator for debt default --- U.S. Judge Rejects Argentina's Appeal for New Mediator --- Argentina's lawyers criticize mediator, judge says 'cool down'
(DBN)

Argentina says ''biased'' judge won't end debt standoff --- Judge Griesa: "The Debts Weren't Extinguished. There's No Bankruptcy, No Insolvency Proceedings. The Debts Are Still There." --- Judge to Argentina: Settlement 'only avenue' to resolve dispute --- US judge scolds Argentina over debt crisis remarks --- Stop spouting 'half truths' over default, US judge tells Argentina --- Argentina debt talks must continue after default: US Judge --- Where Do We Go Now?
(DBN)

New York judge allows payment to bondholders based in Europe
(DBN)

Paris Club confirms first receipt of Argentina arrears
(DBN)

Argentina's Secret Plan to Escape Default
(DBN)

Twisted Logic Contagion, WaPo Edition
(DBN)

Fitch Downgrades All Argentina Corporations in Wake of Default
(DBN)

A Costly, Lose-Lose Situation for Argentina and the Holdouts
(DBN)

Everything you need to know about Argentina’s weird default --- Lessons Learned, What Happens Next
(DBN)

Now Everything Is In Motion For Argentina To Pay Out Billions
(DBN)

Business as unusual after Argentina's second default --- Why Argentina's Default Isn't Too Surprising Or Unusual
(DBN)

You Can Blame Argentina's Default on a Handful of Greedy Hedge-Funders --- A man of contradictions --- A Great Victory for Speculators --- Argentina and Singer caught in financial tango --- How a Hedge-Fund Billionaire and an Octogenarian Judge Pushed a Whole South American Country Into Default --- The posterboy of the 1 per cent who can bring down a country
(DBN)

Debt Ruling Shows a Callous Disregard to the Effects on Argentina
(DBN)

For Argentina, debt default is a solution not a problem
(DBN)

The President Of Argentina Compared Her Country's Default To Violence In Gaza --- Argentina comes full circle as crisis clouds Kirchner's sunset
(DBN)

Argentina: Solo Deadbeat
(DBN)

Argentina’s Default Is a Warning to Frothy Government Bond Markets
(DBN)

Argentina Defaults On Its Debt....Again --- Argentina Is in Default, and Also Maybe in Denial --- Argentina: Defaults can differ --- Argentina tries to cap fallout from default mess --- Argentina's Fernandez Denies Default Ruling as Bonds Sink --- ISDA declares Argentina in default, bonds extend losses
(DBN)

Argentina Needs to Make Good on Its Promises to Investors
(DBN)

Be Fair to Argentina's Creditors, Too
(DBN)

Why Argentina's Default Triggers $1B in Swaps
(DBN)

Argentina equities still hot despite the country's debt woes — really
(DBN)

Argentine Bonds Fall Second Day as No Deal Seen Imminent --- Argentina 85-Cent Defaulted Bonds Show There's Still Hope
(DBN)

____________

UK:

Gherkin owners fight back against receiver’s move to sell tower
(DBN)

Britain's Biggest Train Fare Dodger Has 2 Mansions
(DBN)

The 9 Worst Things To Do In London
(DBN)

UK housebuilding grows at fastest rate since 2003
(DBN)

Personal insolvencies in Scotland decrease
(DBN)

____________

EU:

The euro zone needs to make it easier for investors to buy restructured assets off the bloc's banks
(DBN)

Hedge funds eye a profit from European bank research retreat
(DBN)

____________

PIIGS:

Moody's Upgrades Greece Credit Rating
(DBN)

Portugal's Troubled Banco Espirito Santo Crashes Into Financial Purgatory --- Banco Espirito Santo Wasn't A Systemic Problem, Rather A Specific And Local One --- Banco Espirito Santo Junior Bonds Slide as Bailout Forces Losses --- Reports: Portugal rescuing Banco Espirito Santo --- ISDA to Rule on Espirito Santo Financial Bankruptcy Event --- Portugal Will Quarantine Banco Espirito Santo At A Cost Of 4.9 Billion Euros --- European stocks flat after Portugal bank bailout
(DBN)

____________

Russia:

The Real Yukos Shocker
(DBN)

Obama: 'Russia Doesn't Make Anything'
(DBN)

Russian Sanctions Begin To Backfire
(DBN)

Fascinating Facts About The Majority Of Russians
(DBN)

ECHR judge says Russia has grounds to contest ruling on Yukos
(DBN)

____________

China:

China official nonmanufacturing PMI drops in July
(DBN)

____________

MENA:

Some lenders eye exit as Dubai World seeks to revise $25 bln debt deal
(DBN)

Israel withdraws most troops from Gaza --- US Appalled by Airstrike at UN School
(DBN)

Islamic State seizes Iraq's biggest dam
(DBN)

Tankers Wander Ocean with Kurd's Oil for Sale
(DBN)

Kuwait's Investment Dar Loses Protection Against Creditor Legal Claims
(DBN)

____________

Korea:

More debtors apply for bailout program
(DBN)

____________

 

 

 

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