August 5, 2014

The Daily Bankruptcy News

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Law:

Al Togut On Avoiding Law Firm Bankruptcies
(DBN)

Troutman Sanders Adds Bankruptcy Group in New York
(DBN)

"Don't give me so much that you've given me nothing" - Remembering M. Caldwell Butler's Contribution to Bankruptcy Law
(DBN)

Business of Law
(DBN)

Beverly Hills Bankruptcy/Business Boutique Forms
(DBN)

Ex-BigLaw partner gets 6 months in massive tax-shelter case, must help pay $220M restitution
(DBN)

Fun With the Summer Associates: Firms and Their Perks
(DBN)

Why Summer Associates Should Be Worried About Offers
(DBN)

Absolutely Terrible Advice About Law School
(DBN)

This Is Law School? - Socrates Takes a Back Seat
(DBN)

How to Pick a Law School
(DBN)

Faculty, students stay positive after Court denies waiver to take bar
(DBN)

This is what America would look like without gerrymandering
(DBN)

Smaller Law Firms Get More M&A Work
(DBN)

Emerging Technology Shapes Future of Law
(DBN)

Blackface Is Not OK — Someone Please Tell This Biglaw Firm
(DBN)

Warren & Westbrook: Two More Authors = Six More Pages?
(DBN)

Power shift sees clients call the shots
(DBN)

Lawyerly Lairs: An Entertainment Lawyer Unloads His $5.3 Million Home
(DBN)

Who Answers Your Phone?
(DBN)

On In-House Self-Loathing: I Used To Be Smart!
(DBN)

Why Apple's iPad Sales Are So Awful
(DBN)

Hotel Fines Brides $500 For Every Negative Yelp Review Their Wedding Guests Leave --- Hotel That Fines Brides $500 For Negative Online Reviews Is Furiously Backtracking
(DBN)

Man ‘showing off’ shotgun to friends fatally shoots self in head to prove it is empty
(DBN)

Cops: 6-Year-Old Boy Drives Electric Toy Car Onto Highway
(DBN)

SWAT Team Called to Deal With 90-Year-Old Woman
(DBN)

Household Chores Were Not Forced Labor, Sixth Circuit Says
(DBN)

Jodi Arias To Represent Herself In The Death Penalty Phase Of Her Trial
(DBN)

Downey Jr. and Duvall star in ‘The Judge,’ acclaimed new movie that will headline film festival
(DBN)

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Judges:

Judge is charged with felonious assault, accused of punching, choking and biting his wife
(DBN)

Chemerinsky: First impressions of this term’s SCOTUS decisions were misleading
(DBN)

Ginsburg says she’s not retiring and asks: Who would you rather see on the court than me?
(DBN)

Posner Rips Conan Doyle Estate (Again) Over Sherlock Copyrights
(DBN)

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Wall Street:

US Stock -Index Futures Are Little Changed as AIG Gains
(DBN)

Late surge lifts Wall St; utilities sag
(DBN)

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Layoffs:

Huge Shortage Of Truck Drivers
(DBN)

Is There Really a Shortage of Construction Workers?
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Fraud:

SEC Charges Corporate Officers with Fraud Arising from Failure to Disclose Internal Controls Issues and Alleged Misrepresentations in SOX Certifications
(DBN)

Kansas man pleads guilty in bank fraud scheme
(DBN)

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Corporate Reform:

GM Financial hit with subprime subpoena
(DBN)

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Finance:

Banks see rising demand for loans --- "Broad-based pickup in loan demand"
(DBN)

Bank Lending Still Tight, S.F. Fed Study Finds
(DBN)

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Personal Finance:

The Worst Things To Buy In August
(DBN)

This Is the Equation for Happiness
(DBN)

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Education:

Shares Of For-Profit College ITT Are Getting Destroyed After Real Estate Deal Falls Apart
(DBN)

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Consumer Finance:

Not all Native Americans are Doing, Let Alone Getting Rich Off, Payday Loans
(DBN)

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Food/Beverage:

Investors sue ex-Quiznos execs, alleging fraud
(DBN)

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Economy:

Fed Says U.S. Banks Eased Loans Amid Broad Pickup in Demand
(DBN)

Lacker Says Markets May Be Surprised by Pace of Rate Rise
(DBN)

What should Buffett do with all that cash? --- Warren Buffett Is Sitting On A Gigantic War Chest, And Now He's Waiting For The Perfect Fat Pitch
(DBN)

Why It’s Worrying That U.S. Companies Are Getting Older
(DBN)

Here's How All 50 State Economies Are Doing, Ranked From Slowest To Fastest
(DBN)

Demographic Development Will Benefit The Economy For Years
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

NY banking regulator questions Ocwen's ties to affiliate
(DBN)

Home Ownership Among Young At Lowest Point Since Records Kept
(DBN)

Early mortgage data suggests July was strongest origination month yet
(DBN)

Existing Home Inventory up 13.6% YoY on Aug 4th
(DBN)

Goldman Sachs' Hui on House Price Seasonal Adjustments
(DBN)

Mortgage Monitor for June
(DBN)

Mortgage closing costs soar more than 20% in some states
(DBN)

Here's What $1 Million Buys In Housing Markets Across The US
(DBN)

These 10 Up And Coming Neighborhoods Are About To Be The Next Big Thing In Housing
(DBN)

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Municipalities:

Detroit residents get more time to deal with unpaid water bills --- Detroit to present new plan for water bill collection after shutoff protests
(DBN)

The 15 US Cities Where Poor Neighborhoods Are Expanding Fastest
(DBN)

Newark, San Bernardino Among 2014's Least Recession-Recovered Cities
(DBN)

Status of Stockton Pensions Still In Limbo
(DBN)

San Bernardino to solicit fire outsourcing proposals
(DBN)

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Debt Collection:

Debt Collection Law Firms Face Regulatory Scrutiny
(DBN)

Turning Paper into Cash: Post-Judgment Collection Methods
(DBN)

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Aviation:

AA retirees upset over promised health insurance money
(DBN)

Travelers: Prepare to Pay Even More for That Flight
(DBN)

US Government Expected To Ban In-Flight Cell Phone Calls Soon
(DBN)

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Retailing:

Is Wal-Mart Too Late With Its New Online Focus or Right on Time?
(DBN)

As cash and sales fall, RadioShack needs a reboot
(DBN)

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Politics:

GOP Congressman Accuses Democrats Of Waging 'War On Whites'
(DBN)

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Construction:

Bankruptcy court to hold first hearing on Truland Group Inc. this week
(DBN)

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Coal:

James River Coal balance sheet shows June loss
(DBN)

James River delays auction yet again as it pursues strategic transactions
(DBN)

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Mass Torts:

Breast-Implant Settlement Covers Related Procedure
(DBN)

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Celebs:

Bankruptcy helped former Lions DT Luther Elliss grow, teach others
(DBN)

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Gambling:

Caesars deals $2.6 billion loss in lender clash
(DBN)

Poll: N.J. residents split on gambling outside Atlantic City
(DBN)

Revel Casino's Future Will Become A Lot Clearer This Week
(DBN)

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Payment Processing:

Phoenix Payment Systems Files for Bankruptcy Protection
(DBN)

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Healthcare:

Bankrupt Omaha retirement center Skyline Manor to be sold
(DBN)

Hospital Mergers Bring Cost Fears
(DBN)

Studies: Thank the recession for the health spending slowdown
(DBN)

Obamacare Premiums to Increase 13.2%
(DBN)

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Banking:

J.P. Morgan Said Possible Losses Related to Litigation Could Be $4.6 Billion
(DBN)

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Furniture:

Mattress Source files Ch. 11, closes three stores
(DBN)

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Infrastructure:

Poll: We Want Roads, Don't Want to Pay
(DBN)

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Telecoms:

BlackBerry closes chapter on restructuring process -internal memo
(DBN)

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New Bankruptcy Opinions
(3 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (38 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (32 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:

Toledo: Local bankruptcy cases drop
(DBN)

FL: Courts seeing fewer bankruptcy filings
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

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Secured Debt:

Liens Are Not Protected by Constitution, Circuit Rules
(DBN)

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Avoidance Actions:

Ignorance Isn’t Always Bliss: Tenth Circuit Illustrates Limits of Good Faith and Subsequent Transferee Defenses Under UFTA
(DBN)

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TBTF:

AIG to pay $960 mln to settle crisis-era claims
(DBN)

S&P: Likely Place Large Banks On CreditWatch Post Bail-In Rule
(DBN)

____________

Insurance:

U.S. Bank v. Indian Harbor: Another Blow to the Restitution/Disgorgement Defense
(DBN)

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Autos:

General Motors Is Invoking 'Old' GM's Bankruptcy to Claim Protection From Some Lawsuits
(DBN)

Providence Targets GM Over Fleet of 'Defective' Vehicles
(DBN)

Prices Plummet On GM Cars Recalled For Ignition Defect
(DBN)

89 claims filed so far by GM victims & families
(DBN)

NHTSA says GM recall website isn't completely accurate
(DBN)

Senator Proposes Life Sentence for Execs that Delay Auto Recalls Resulting in Deaths
(DBN)

GM Financial Says DOJ Examining Subprime Loan Records --- GM Executive Doesn't Sound Very Worried About Subprime Auto Loans
(DBN)

____________

Student Debt:

This Guy Lived In A Van To Pay Off $32,000 Of Student Loan Debt
(DBN)

Ways To Pay Off Student Loans By Doing Good
(DBN)

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Sovereigns:

Argentina vs holdouts: plus ça change
(DBN)

Argentina loses bid to oust debt dispute mediator --- Griesa praises Pollack's 'great skill" and reveals he directed the use of 'default'
(DBN)

Argentina launches investigation into holdouts' possible misconduct
(DBN)

The Most Dangerous Politician In Latin America Just Got More Powerful
(DBN)

‘Vultures’ drive Argentina into default, turning debt relief accords to ashes
(DBN)

Overseas bankers attempt to resolve Argentina's debt impasse
(DBN)

Argentina's Default: A Not-So-Illogical Move
(DBN)

Some Economists Write U.S. Congress for Help with Argentina Default
(DBN)

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UK:

High Court Decision has Important Impact for Insolvency Professionals and Creditors
(DBN)

Nine in ten complaints against HMRC upheld
(DBN)

More Evidence That Scotland Will Face Financial Crisis If The Scots Vote For Independence
(DBN)

Trust forced into capital raise to stave off bankruptcy
(DBN)

Prison sentence, community service and costs awarded against bankrupt who hid interest in property
(DBN)

____________

EU:

After rescue of Portuguese bank, eurozone fears for future health
(DBN)

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PIIGS:

Portugal pays up for Espírito Santo --- Calm After a Bank's Collapse in Portugal Could Signal Eurozone Resiliency --- Espýrito Santo Saga Entangles Swiss Company --- Five Things to Know About Espirito Santo International --- Bradesco to write off $158 mln stake in Banco Espiríto Santo --- CDS changes too late for BES bondholders --- Banco Espirito Santo Swaps Seen Devalued in Restructuring --- Portugal bank collapse and rescue raises questions --- Credit Agricole profit hit by Banco Espírito Santo --- Portugal state loan for BES rescue bears incremental rate - finance minister
(DBN)

Over 15,000 Russians Stranded in Greece over Bankrupt Tour Operator
(DBN)

Juncker: "Greece is not Argentina," austerity model for avoiding default --- Juncker plays down full write-off for Greece
(DBN)

Fitch: Codere Restructuring Highlights Flaws in Spanish System
(DBN)

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Russia:

Energy Charter Treaty and the YUKOS/Russia experience
(DBN)

Russia Is Ready For Battle In Ukraine
(DBN)

27,000 Russian Tourists Stranded on Sanctions
(DBN)

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Bulgaria:

Construction sector warns of mass bankruptcy
(DBN)

Pressure Rises in Bulgaria Bank Crisis
(DBN)

Bulgaria's banking botch up
(DBN)

Caught in Indecision, Bulgarian Government Is Urged to Solve Banking Crisis
(DBN)

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India:

Ministry working on sweetening bankruptcy pill for sick companies
(DBN)

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Brazil:

Impsa’s Wind Power Energy Declared in Bankruptcy by Brazil Judge
(DBN)

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