December 1, 2014

The Daily Bankruptcy News

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Law:

Ex-Dewey Partner Altorelli Files for Bankruptcy
(DBN)

Associate Bonus Watch: 2 More Firms Announce, But Which Bonus Scale Did They Match?
(DBN)

After the Doldrums, a Boost of Confidence Among Law Firm Leaders
(DBN)

Biglaw Holiday Decision Tree: Do You Have To Work The Friday After Thanksgiving?
(DBN)

Law Firms And The No-Longer ‘New’ Normal: Insights On 7 Key Subjects
(DBN)

DLA Piper Nabs Ex-FDIC Chair
(DBN)

Partners in Law (and Life) Go to Bat for Banks
(DBN)

How To Quit Your Boring Corporate Law Job And Make It On Wall Street
(DBN)

Business of Law
(DBN)

Back In The Race: Failing Twice
(DBN)

A GC Goes Outside to Stay In-house
(DBN)

Difficult jobs market drives applications to top law schools
(DBN)

'I'm really disappointed': Plaintiff on embattled 9/11 law firm
(DBN)

Illinois Bar Exam Board Grants Nursing Mom Extra Time to Complete Test
(DBN)

Bankruptcy lawyer gets 3-year license suspension
(DBN)

DA’s men accused of stealing rare comics forfeited by in-house lawyer jailed in $9M theft scheme
(DBN)

Incredibly Useful Free Microsoft Apps
(DBN)

An Easy Way To Share Your Location When You're Traveling
(DBN)

You Can Now Use Your iPhone's Fingerprint Sensor To Unlock Your Mac
(DBN)

Yes, You Should Get The iPhone 6 Plus Instead Of The iPhone 6 --- The iPhone 6 Is Killing The Need To Own An iPad --- New Details On Apple's Giant-Sized iPad
(DBN)

Here Are All The Gadgets You Should Buy People For The Holidays This Year
(DBN)

14 Things Every Traveler Should Pack In Their Carry-On
(DBN)

Why self-proclaimed ‘type A’ personalities are overachieving monsters
(DBN)

Robots, Artificial Intelligence and the Future of Law Firms
(DBN)

Citing security concerns, Darren Wilson resigns from Ferguson PD --- Darren Wilson's Lawyer Explains Why His Client Resigned --- Full text resignation letter --- Two Arrests Made After Ferguson Police Officer Resigns --- Ferguson Mayor: Police Will Recruit More Minorities --- 'We Were Not After Wilson's Job, We Were After Michael Brown's Justice' --- Michael Brown Family Attorney Says Lawsuit Possible --- Ferguson Mayor: Darren Wilson Will Not Receive A Severance Package
(DBN)

Ferguson Grand Jury Documents: The Witnesses that Weren’t --- Some Ferguson Eyewitnesses Clearly Made Up Their Statements --- Key Passages from Police Officer Darren Wilson’s Testimony --- Darren Wilson Doesn't Think There's Any Racial Tension In Ferguson --- The racial bias embedded in Darren Wilson’s testimony --- Grand juries almost always indict, federal stats show; is there a shooting exception for cops? --- A one-chart summary of every Ferguson eyewitness's grand jury testimony
(DBN)

How segregation led to speed traps, traffic tickets and distrust outside St. Louis --- Ferguson: The Future of Race Relations in America --- Giuliani’s claim that 93 percent of black murder victims are killed by other blacks --- Giuliani: Michael Brown Death Never Should Have Gone to a Grand Jury --- How Often Do Cops Shoot Unarmed Black Men?
(DBN)

Obama to hold meetings Monday on Ferguson
(DBN)

Ray Rice Is Back In The NFL --- 5 Things We Learned From Janay Rice's Interview
(DBN)

The NYPD Wants Its Officers To Stop Cursing
(DBN)

Woman sues prosecutor and wife for defamation, says he sought n--- photos, wife lied to protect him
(DBN)

Man accused of pointing banana at sheriff’s deputies faces felony menacing case
(DBN)

What it's like to wash down death scenes for a living
(DBN)

Cop Shoots Woman in Road Rage Incident
(DBN)

Ex-Dinsmore partner wins dismissal of sex-with-client ethics charges, despite accepting sanction
(DBN)

Top state court nixes lawyer’s drunken-driving conviction over blocked effort to consult counsel
(DBN)

Say What?!
(DBN)

______________

Judges:

Justice Ginsburg Undergoes Heart Procedure to Treat Coronary Blockage
(DBN)

Federal judge: On the utility of making Supreme Court Justices uncomfortable
(DBN)

Justice Is Swift as Petty Crimes Clog Courts - Cases Adjudicated in Minutes or Less, Often Without Lawyers
(DBN)

Why Supreme Court Cases Are Marathons - Average Age for a Hearing Is Nearly Six Years
(DBN)

The Tawdry Tale Of Justice Lori Douglas Comes To An End
(DBN)

______________

Wall Street:

 

European Markets Are Sinking
(DBN)

What Are Traders Chatting About Right Now? Energy Junk Bonds And Retailers
(DBN)

______________

Layoffs:

Weekly Initial Unemployment Claims increased to 313,000
(DBN)

GSK to announce US job cuts
(DBN)

Staff fear the chop in Samsung reshuffle
(DBN)

Possible Headline for Next Friday: "Best Year for Employment since the '90s"
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Celebs:

Tighten That Belt: Court Puts Billionaire on a Budget
(DBN)

Actor Burt Reynolds Selling Personal Memorabilia in a Bid to Save Home
(DBN)

Ex-Creed Frontman Broke and Homeless
(DBN)

Kim Dotcom : “I'm officially broke” after transferring remaining assets --- Kim Dotcom earned $40m while on bail, court hears --- Dotcom Bail Upheld Against U.S. Claims
(DBN)

Co-discoverer of DNA forced to sell Nobel prize to make ends meet
(DBN)

Financial adviser connected Blum to hockey player
(DBN)

"Mockingjay" Star Jennifer Lawrence Is Surprisingly Frugal
(DBN)

This reality TV star wants to teach you how to flip homes—for a $34,000 fee
(DBN)

Colleges face quandary over ties to Cosby
(DBN)

____________

Currency:

New bid to probe failure at biggest bitcoin exchange
(DBN)

Trustee Moves to Repay Creditors in Mt. Gox Bitcoin Exchange
(DBN)

Search for missing Mt. Gox bitcoins gathers pace
(DBN)

____________

Predatory Lending:

Payday lenders find home on Indian reservations
(DBN)

____________

Mass Torts:

Bankrupt asbestos defendant reaches settlement with insurers after 14-year litigation
(DBN)

____________

Paper:

Decline of Maine's paper mills hurts middle class
(DBN)

Suitors to bid Monday on Great Northern Paper mill
(DBN)

Bucksport mill closure pushed back to end of year
(DBN)

____________

Gambling:

Taj Mahal casino seeks new bankruptcy financing --- Carl Icahn Offers $5M Bankruptcy Loan to Trump Entertainment --- Icahn Says Taj Mahal is a 'bad investment' only he would make --- Bankrupt Trump Taj Mahal casino expects to run out of cash in mid-January
(DBN)

Creditors, hedge funds tangle over Caesars resources
(DBN)

Creditors feud over Caesars restructuring
(DBN)

Paul Singer looks to send Caesars to bankruptcy
(DBN)

____________

Environmental:

Bankruptcy judge awards funds to DEP for abandoned mine
(DBN)

____________

Resorts:

Treetops files Chapter 11 bankruptcy --- Treetops hopes to be bigger and better after bankruptcy
(DBN)

____________

Religion:

Financial records sought from Franciscan Friars
(DBN)

Ruling Lets Bankrupt Woman Keep Rare Mormon Scripture
(DBN)

____________

Politics:

Democrats have a new internal battle: the middle class vs. the poor
(DBN)

Social Media Backfires On Congressman's Aid For Going After Obama's Daughters
(DBN)

List Of Hillary Clinton's Demands For Her $300,000 College Speeches
(DBN)

Ah, Those Congressional Pensions
(DBN)

____________

Television:

Aereo law firm Fish & Richardson stands in line for payment on a $117K legal tab
(DBN)

____________

Food/Beverage:

Loleta Cheese Factory won't close despite having filed for bankruptcy
(DBN)

____________

Autos:

GM Told to Show Ex-CEO Performance Review in Switch Case
(DBN)

Bob Lutz: Wall Street Doesn't Get Car Business
(DBN)

Is Saleen on the verge of bankruptcy ?
(DBN)

____________

Healthcare:

Largest hospital , health systems layoffs of 2014
(DBN)

____________

Tax:

Did Some Lost IRS Emails Go to White House?
(DBN)

____________




Economy:

Personal Income increased 0.2% in October, Spending increased 0.2%
(DBN)

Fed rattled by elusive inflation, but loath to sound alarm yet
(DBN)

'Twelve Days of Christmas' Items Will Cost you $116,273 This Year
(DBN)

Obama to Veto Permanent Tax Breaks for Corporations
(DBN)

Fresh Signs of a Global Slump Pose a Challenge to U.S. - Low-Growth Outlook Raises Questions Whether Weak Demand Could Dent American Economy
(DBN)

Hotels: Occupancy Rate Finishing 2014 Strong, Best Year since 2000
(DBN)

NACM's Credit Manager Index for November Slips to 55.8
(DBN)

Black Friday Weekend Spending Tumbles 11% as Shoppers Stay Home

Vehicle Sales Forecast: "Strongest November since 2001"
(DBN)

Land of opportunity? - Poor kids who do everything right don’t do better than rich kids who do everything wrong
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

US mortgage lenders to relax standards
(DBN)

Mortgage apps fall 4.3% despite low mortgage rates
(DBN)

Tensions Mount for Residents After Co-op Goes Bankrupt
(DBN)

Fannie Mae: Mortgage Serious Delinquency rate declined in October, Lowest since October 2008
(DBN)

Freddie Mac: Here are the top 5 improving metro markets for housing --- The 12 hottest housing markets right now
(DBN)

New Home Sales at 458,000 Annual Rate in October --- New home sales squeak out weak gain in October --- The Census Bureau is cooking the new home sales numbers
(DBN)

Pending home sales reverse course
(DBN)

Case-Shiller House Price Index year-over-year change expected to slow further in October
(DBN)

A few comments on the Seasonal Pattern for House Prices
(DBN)

Thousands can buy back homes they lost to foreclosure
(DBN)

Now Might Not Be A Bad Time To Invest In Shopping Malls
(DBN)

Decades-old Merrimack Valley contractor and developer files for bankruptcy
(DBN)

____________

Municipalities:

Detroit argues delaying bankruptcy plan pending appeal would force 'return to the drawing board'
(DBN)

Legal fees for Detroit pension funds to be reviewed
(DBN)

Detroit's reputation improves among biz --- Business survey: Michigan should spend to aid Detroit recovery
(DBN)

Another view of post-bankruptcy Detroit
(DBN)

The future of Detroit
(DBN)

Can riverfront hotel become resort within Detroit?
(DBN)

Wall Street Journal column missed the point regarding DIA, Detroit and bankruptcy
(DBN)

We need to rethink foreclosure in Detroit
(DBN)

Water talks to continue after Detroit bankruptcy
(DBN)

Stockton, bond firm renew fight over city's bankruptcy appeal
(DBN)

Stockton: Bankruptcy Exit Should Move Ahead
(DBN)

CalPERS’ Bankruptcy Deals ‘Haven’t Solved Funding Problems’ --- CalPERS deal with San Bernardino bad for bondholders, credit firm says
(DBN)

Ferguson Seeks Rapid Repairs to Avoid Fate of Riot-Torn Cities
(DBN)

Illinois Fights Court Block of $111 Billion Deficit Fix
(DBN)

Vallejo first to test no pension cut in bankruptcy
(DBN)

Here Are The 10 Worst States To Retire
(DBN)

____________

Oil/Gas:

2 Crucial Shale Basins Are In The Red
(DBN)

Expect oil glut, US shale bankruptcies: Analyst
(DBN)

Here Are The Breakeven Oil Prices For Every Drilling Project In The World
(DBN)

Bakken Oil Sweet Spots Petering Out
(DBN)

WTI Crude Oil Falls Below $70 --- Low Oil Prices Put The World Economy At Risk In The Longer Term --- Oil Price Plunge Great for World Economy --- Here's What A Sustained $20 Drop In Oil Prices Does To The World's Major Economies
(DBN)

Oil at $40 Possible as Market Transforms Caracas to Iran
(DBN)

Oil Giant: Crude Could Crash To $30
(DBN)

US petroleum stocks in free fall --- This Stock Chart Perfectly Sums Up The Whole Oil Crash Story --- The World's Oil Giants Got Crushed --- Here Are The Stock Market's Winners And Losers When The Price Of Oil Plunges --- Even After Selloff, Energy Stocks Find Few Buyers --- Wall Street Isn't Ready To Bail On The Shale Boom
(DBN)

There's Trouble In US Energy Junk Bonds
(DBN)

Does the Oil Price Collapse Put the High Yield Market at Risk?
(DBN)

OPEC's message to US shale: Drop dead --- Inside OPEC room, Naimi declares price war on US shale oil --- Oil prices keep plummeting as OPEC starts a price war with the US --- Bloomberg: OPEC No Longer Controls Oil --- Will OPEC bankrupt US shale producers?
(DBN)

For Some Nations, Saudi Arabia's Oil Price War Is An Existential Threat
(DBN)

Oil Nations Wasted Chance to Build Economies
(DBN)

Oil producers may cut expenses
(DBN)

One Hedge Fund Manager Nailed The Oil Crash Story Months Before It Happened
(DBN)

The Cure For Low Oil Prices
(DBN)

A simple guide to the sudden collapse in oil prices
(DBN)

8 States Where Gas Will Fall Below $2
(DBN)

It Was an Oil Bubble
(DBN)

Pigs Still Don't Fly
(DBN)

After A Bloodbath In Oil, What Next?
(DBN)

Iran Wary of Oil 'Shock Therapy' as OPEC Vies for Market Share
(DBN)

Texas towns test oil and gas supremacy on fracking
(DBN)

____________

Awards:

Mouser appointed to College of Bankruptcy
(DBN)

____________

Football:

The NFL's Indentured Servants
(DBN)

____________

Retailing:

Holiday Weekend Retail Sales Sink - Total Spending Fell 11% for Four-day Period, NRF Says, Partly Because of Early Promotions --- Online sales strong, stores suffer on Black Friday --- Why Some Shoppers Aren't Shopping on Black Friday --- Pictures That Will Make You Glad You Stayed Home On 'Black Friday Eve'
(DBN)

Americans Bought Guns at a Record-Setting Rate on Black Friday
(DBN)

This Game Company Sold 30,000 Boxes Of Bull Poop As A Black Friday 'Deal'
(DBN)

Cyber Monday deals: Where to find them --- The Best Cyber Monday Deals In Tech
(DBN)

____________

Personal Finance:

9 Signs Your Lifestyle Is Becoming Too Expensive To Sustain
(DBN)

50 Fantastic Holiday Gifts For $50 Or Less
(DBN)

9 Tips To Negotiate Down The Price Of Just About Anything
(DBN)

____________

Student Debt:

Student Loan Bankruptcy Servicer Seeks Its Own Special Bankruptcy Exemption
(DBN)

The student debt burden is worse than you even realize
(DBN)

How I Beat Sallie Mae in Court ... 4 Times
(DBN)

Season’s Greetings From Your Loan Servicer
(DBN)

____________

Education:

How dozens of failing for-profit schools found an unlikely savior: a debt collector
(DBN)

Students still enrolled in defunct Creekview school
(DBN)

____________

Heating Oil:

N.H. oil dealer sold in bankruptcy court
(DBN)

____________

Alternative Energy:

Solarmax parent company to file for insolvency
(DBN)

____________

Bankruptcy Crimes:

Amherst man charged with bankruptcy fraud
(DBN)

____________

Shipping:

Fleet-owning unit of bankrupt OW Bunker taken over-fleet manager
(DBN)

Liquidator stakes claim on Singapore OW Bunker companies assets
(DBN)

KPMG stakes OW claim
(DBN)

Wrangle over OW Bunker’s Singapore assets
(DBN)

____________

Skiing:

Curiosity piqued by lost ski areas
(DBN)

____________

Auto Racing:

Financially-troubled F1 team Caterham set to retain 2014 car as administrator pursues buyer
(DBN)

____________


New Bankruptcy Opinions
(5 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (25 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (24 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:

Belly Up: The 10 Largest Bankruptcies in 2014
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

______________

Automatic Stay:

Happy Thanksgiving: In Case You’re Wondering, The Automatic Stay Protects Cranberries, Too!
(DBN)

____________

Miscellaneous:

Mistakes Happen, But…
(DBN)

____________

Bankruptcy Litigation:

You Don't Get Three Strikes when Filing a Complaint - Lessons from Tropicana
(DBN)

____________

Exit Strategy:

Two Cases Illustrate How to Bring a Chapter 11 Case to a (Successful) End
(DBN)

____________

Corporate Governance:

Gavin v. Tousignant: A Refresher on How Bankruptcy Courts Interpret Officers’ and Directors’ Duties
(DBN)

Battle Builds in Delaware Over Fee-Shifting Bylaws
(DBN)

____________

Avoidance Actions:

Satcon Technology Corp. Preference Actions Update
(DBN)

____________

Bankruptcy Reform:

Washington's Quiet Bankruptcy Rewrite
(DBN)

___________

Obits:

Jean Braucher, In Memoriam
(DBN)

____________

TBTF:

Bloomberg: Fed Plans to Oversee GE Capital Like Bank-Holding Company
(DBN)

____________

Insurance:

How CNO returned from the brink
(DBN)

____________

Public Relations:

Bulldog Reporter Bankruptcy Leaves Trail of Unpaid Journalists
(DBN)

____________

Banking:

Unofficial Problem Bank list declines to 408 Institutions
(DBN)

FDIC: Banks Prosper, Problem Institutions Remain
(DBN)

____________

Tech:

More secrets could come from GT Advanced bankruptcy
(DBN)

____________

Aviation:

This airline is making flights to Europe as cheap as $99
(DBN)

MAS quarterly loss widens
(DBN)

Airlines' Stocks Are Taking Off As The Oil Price Crashes
(DBN)

9 Airports Where Flying Will Get a Lot Worse
(DBN)

Strike snarls flights, disrupts 150,000 Lufthansa passengers
(DBN)

____________

Brokers:

U.S. agency seeks to revoke registration of now-defunct Longwood brokerage
(DBN)

____________

Taxis:

Taxi medallions have been the best investment in America for years. Now Uber may be changing that
(DBN)

Confessions of an Ex-Uber Driver
(DBN)

____________

Sovereigns:

US judge Griesa denies payment to European creditors
(DBN)

Second Circuit allows limited post-judgment discovery under the Foreign Sovereign Immunities Act to determine whether certain assets fall within the commercial-activity exception
(DBN)

Argentine president back at work, vows to fight "extortion"
(DBN)

Argentina's economic woes prompt exodus to USA
(DBN)

____________

UK:

RBS Said to Start Shutting Restructuring Businesses in Europe
(DBN)

Pension fund trustees permitted to sell on debts owed to scheme
(DBN)

Using IP to raise debt finance
(DBN)

Law Firm Organizes U.K. Lawsuit Against Tesco, Financed by Litigation Funding Firm
(DBN)

If You Think Black Friday Gets Insane In The US, Check Out This Video From England
(DBN)

Report: Former Rangers owner arrested
(DBN)

Co-operative Bank says 'no surprise' if it fails UK stress test
(DBN)

Directors suspected of wrongdoing in 30% of insolvencies
(DBN)

Insolvency firm sued over £1m fees
(DBN)

____________

EU:

Europe's Industry Is On The Edge Of A Recession
(DBN)

SolarMax insolvency: lack of pan-European policy harms industry, says expert
(DBN)

The European Central Bank Could Decide On Quantitative Easing Early Next Year
(DBN)

It's Only A 'Matter Of Time' Before The European Central Bank Unleashes Full-Blown QE
(DBN)

Europe strives for consistency as MREL consultation begins
(DBN)

ECB could fix euro zone flaw with risk-free bond, says think tank
(DBN)

____________

PIIGS:

Greece Said to Weigh IMF Role in Credit Line in Samaras Reversal --- Germany's Schaeuble says ministers to discuss Greek credit line early Dec
(DBN)

Portugal may recapitalize state-owned bank --- Two Suspects Named in Espirito Santo Investigation After Raids
(DBN)

Why Italy's stay-home shoppers terrify the euro zone
(DBN)

____________

France:

In France, New Review of 35-Hour Workweek
(DBN)

____________

Germany:

German Manufacturing Slump Pulls Euro Area Near Stagnation
(DBN)

____________

Russia:

Russia Makes A Desperate Plea To The EU
(DBN)

Russia's Economy Ministry: 'We Will Not Collapse'
(DBN)

The Russian Rouble Is Collapsing To New Record Lows --- The Ruble Just Crashed To An All-Time Low --- Ruble Rally Turns to Rout as Fortunes Tied to Sinking Oil
(DBN)

Sanctioned Russian firms struggle to turn East for bonds
(DBN)

The Majority Of Russians Believe Their Troops Are Not Fighting In Ukraine
(DBN)

____________

China:

China launches draft rules for insurance of bank deposits --- But... weren't my deposits already insured? Yours, an average Chinese depositor
(DBN)

China's $6.8 Trillion Financial Crisis
(DBN)

China's Economy Shows More Weakness
(DBN)

China Home Prices Fall For 7th Straight Month
(DBN)

China plays big role in oil's slide
(DBN)

____________

Japan:

Moody's downgrades Japan's credit rating --- In fading Japan hinterland, skepticism doubt 'Abenomics' will cure ills
(DBN)

____________

MENA:

Iraq's economy in tatters amid ISIL war
(DBN)

Gulf Markets Weaken on Falling Oil Prices
(DBN)

Iraqi army paying salaries of 50,000 nonexistent soldiers
(DBN)

____________

Bulgaria:

Trading in CorpBank's stocks resumed
(DBN)

____________

Venezuela:

The Oil Crash Is Now Forcing Venezuelan Government Pay Cuts --- Venezuela's President Vows To Get Oil Prices Back To 'Where They Should Be'
(DBN)

Oil Rout Ripples Through Latin America as Projects Slow
(DBN)

____________

India:

India Is Loving The Oil Crash
(DBN)

____________

Switzerland:

Swiss activists seek ban on holiday eating of cats, dogs
(DBN)

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