December 11, 2014

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Sidley Elevates Two Bankruptcy Lawyers To Partner
(DBN)

Associate Bonus Watch: Sullivan & Cromwell Bonuses Are Here!
(DBN)

Bonuses: Get It While You Can
(DBN)

Business of Law
(DBN)

Weil’s London Restructuring Team grows with internal promotion
(DBN)

2016 Grads Shouldn't Take Comfort in New Jobs Projection
(DBN)

The Bingham Case Study: Part Ii
(DBN)

Kirkland Poaches Winston & Strawn's Litigation Chair
(DBN)

Study: Women Law Professors Cited More Often
(DBN)

Law Schools: Better Understanding The Transfer Market
(DBN)

Law Students, Traumatized By Grand Jury Decisions, Demand... Exam Delays --- Should Law Students Get to Postpone Their Exams Because of the Garner and Brown Decisions? --- Law Schools Postpone Exams for Students Protesting Brown and Garner Decisions --- Elite law students want their finals postponed because of grand jury decisions. Not everyone is sympathetic
(DBN)

Bizarre Yelp lawsuit against bankruptcy over alleged fake positive reviews to finally move ahead
(DBN)

What the ...?
(DBN)

Big Law Still Makes Too Few Women Partners
(DBN)

Back In The Race: Trying To Save My Job When The End Is Near
(DBN)

Dechert Elects 11 New Partners
(DBN)

Someone Is Making A Reality Show About Contract Attorneys
(DBN)

Is the Bar Exam Broken? Or Are Law Students Dumber?
(DBN)

Retired lawyer sues Bill Cosby, says claims she lied about alleged sexual assault were defamatory
(DBN)

Lawyer With 3 Harvard Degrees Loses His Mind Over $4 Chinese Food Overcharge --- The Harvard Professor Who Complained About Overpaying $4 For Chinese Food Has A Good Point --- Harvard professor rages at Chinese restaurant: He may have even gotten the law wrong --- Professor apologizes for long email exchange over $4 over change
(DBN)

Contingency Fees: The Free-Market Deterrent To Frivolous Lawsuits
(DBN)

It Takes An Entire Law Firm Using Social Media To Distribute Content
(DBN)

Bad Habits That Are Killing Your Productivity
(DBN)

Review: Codification -- U.S. Code on the iPhone and iPad
(DBN)

Here Are The 10 New Apple Apps For Businesses
(DBN)

The Shoes You Need For Every Style Of Pants
(DBN)

The World’s Worst Neighbor Has Finally Been Brought to Justice
(DBN)

Grandma Fights Off Three Teens Trying to Steal Her Car
(DBN)

Man who pleaded guilty in lawyer’s shooting is sentenced along with two co-defendants
(DBN)

Family files RICO suit against lawyers and law firms over claimed barratry after auto accident
(DBN)

Lawyer Fired for Drinking at Work Not Entitled to Benefits
(DBN)

Obama: CIA Interrogators 'Violated Who We Are As A People'
(DBN)

The Beer-Battered Fish Did It: Man Allegedly Use Novel Claim In Effort To Avoid 10th DUI
(DBN)

A New, Baffling Detail From The Ray Rice Fiasco Makes The NFL Look Even Worse
(DBN)

NFL Has New Personal Conduct Policy
(DBN)

Say What?!
(DBN)

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Judges:

Judge Posner On SCOTUS' 1st Amendment Rulings: “Very nice for fat cats and enemies of abortion.”
(DBN)

Biglaw Partner Could Get Supreme Spanking For Bizarre Filing
(DBN)

If You Know This Guy, The Supreme Court Would Like To Talk To You --- A Guy Without A Lawyer Got The Supreme Court To Hear His Case — And Then Disappeared
(DBN)

Judge is suspended for 30 days over trip to lawyer’s hunting ranch after $1.2M case was settled
(DBN)

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Wall Street:

US Index Futures Gain After S&P 500 Rout as Oil Shares Rebound
(DBN)

Dow drops 268 points as oil prices continue to sink
(DBN)

Goldman Sachs Just Passed $1 Trillion In Deals For 2014
(DBN)

The Rise of Rich Man's Subprime
(DBN)

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Layoffs:

Qualcomm laying off about 600 employees
(DBN)

Boeing Plans 360 OC Layoffs
(DBN)

eBay said to mull massive jobs cuts
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Banking:

Former First Mariner holding company wins bankruptcy plan approval
(DBN)

BNY Mellon Cleared of Misconduct in Sentinel Case
(DBN)

Citigroup Braces for Big $2.7 Billion Legal Bills
(DBN)

JPMorgan to tweak excess capital in response to Fed's higher requirement -exec
(DBN)

JPMorgan Forecasts 'High Teens' Decline in Trading Revenue
(DBN)

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Ridesharing:

Uber facing a global onslaught of big problems --- Chicago plans app so taxis can compete with Uber, ridesharing services
(DBN)

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Retailing:

Marc Lore Buys Hukkster’s Remnants at Bankruptcy Auction
(DBN)

Wet Seal Loss Widens, Warns Of Bankruptcy; Stock Plunges 37% --- Wet Seal in Talks to Raise Capital
(DBN)

Abercrombie and Fitch's CEO Mike Jeffries To Step Down Immediately
(DBN)

RadioShack's Tussle With Its Lead Lenders Can Leave The Company Bankrupt
(DBN)

Lender sends mixed signals about RadioShack's bankruptcy
(DBN)

ISDA yet to decide on RadioShack credit event
(DBN)

RadioShack's Q3'15 Earnings Preview: The Company Has A Long Way To Go To Turnaround Its Business
(DBN)

Abercrombie, Delia's, Aeropostale: all your old favorite stores are in big trouble
(DBN)

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Mass Torts:

Garlock: Judge finds no ‘misconduct’ or ‘injustice’ that justifies reviewing landmark decision
(DBN)

Specialty Products Asbestos Plan Confirmed
(DBN)

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Education:

Senators Ask Dept. Of Education To Discharge Student Loans For Everest, WyoTech, Heald Students
(DBN)

Congress cuts federal financial aid for needy students
(DBN)

Congress sneaks through plan to make school lunches less healthy
(DBN)

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Bankruptcy Crimes:

Amherst man accused of bankruptcy fraud
(DBN)

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Economy:

Budget Deficit in US Narrows as Employment Growth Accelerates
(DBN)

Where Did Wage Growth Go?
(DBN)

Cartogram: Jobless Rate Change Since Great Recession
(DBN)

The Best Places To Work In 2015
(DBN)

We have a spending deal. Here's what's in it.
(DBN)

For the Soul of the Party: the Budget Showdown and Financial Reform
(DBN)

Study: Fewer Consumers Consider Financial Resolutions in the New Year
(DBN)

Quarterly Services Survey suggests upward revision to Q3 GDP close to 4.4%
(DBN)

Roubini: 'Make No Mistake: The Machines Are Coming'
(DBN)

US Debt Clock
(DBN

Economic Indicators Dashboard
(DBN)

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Real Estate:

FNC: Residential Property Values increased 5.7% year-over-year in October
(DBN)

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

Orlando tops for foreclosures 13 of last 14 months
(DBN)

Drop in repossessions cut US foreclosure activity in November
(DBN)

TransUnion: Mortgage delinquency in 2015 will hit lowest since recession
(DBN)

Preliminary Table of Distressed Sales and Cash buyers for Selected Cities in November
(DBN)

Millennials can afford to become homeowners — just not where many of them live
(DBN)

Halsey Minor yanks mega mansion off the market
(DBN)

Here's Where The Highest-Paid New Yorkers Live
(DBN)

Hovnanian shares rise after company tops estimates --- Toll Brothers misses 4Q profit forecasts
(DBN)

Bursting Housing Bubble Forces Court to Decide Liens - "Transactions more akin to rugby than bona fide property sales"
(DBN)

New York City’s top 10 hottest neighborhoods
(DBN)

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Municipalities:

Detroit bankruptcy declared over; emergency manager resigns --- Detroit’s bankruptcy, largest municipal bankruptcy in U.S. history, formally ending --- Detroit's Record $18 Billion Bankruptcy to End Wednesday Night
(DBN)

Detroit escapes emergency management, but governor tells other struggling cities: 'Don't plan on bankruptcy'
(DBN)

Detroit's Post-Bankruptcy Plan to Be 'Normal' Again
(DBN)

Orr’s Final News Conference
(DBN)

As Orr goes, where will Detroit head?
(DBN)

Questions and answers on Detroit exiting bankruptcy
(DBN)

Snyder says restructuring exceeded expectations
(DBN)

White House heralds Detroit bankruptcy exit
(DBN)

A History Of Detroit's Fiscal Problems
(DBN)

Detroit exits bankruptcy, but huge challenges remain for the Motor City
(DBN)

Holdout creditor in Stockton bankruptcy denied higher claim
(DBN)

Atlantic City Has A Plan Hedge Funds Might Like --- Struggling Atlantic City to slash bond deal by 71%
(DBN)

Bankruptcy protection is one of several options for East Cleveland
(DBN)

San Bernardino's toxic politics threaten a return
(DBN)

The 35 Best Cities For Young Adults
(DBN)

America's Fastest Shrinking City
(DBN)

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Awards:

The American College of Bankruptcy Inducts Sidley Partner Jennifer Hagle as a Fellow
(DBN)

Benchmark 2015 US awards shortlist announced
(DBN)

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Oil/Gas:

Oil Is Going Nowhere
(DBN)

OPEC cuts 2015 demand forecast for its oil to lowest in a decade --- Oil tumbles on surprise supply hike, OPEC demand cut
(DBN)

Cratering oil price blamed on US production, Saudi 'treachery'
(DBN)

Iran Sees $40 If There’s OPEC Discord
(DBN)

The Oil Big Five: Looking into the short future of 2014
(DBN)

OPEC: Here's Who Really Controls Oil Prices
(DBN)

U.S. stocks fall most since October as energy renews selloff
(DBN)

Oil Futures Arrest Slide, Notching Gain for Day - Prices Remain Down About 40% From Highs Earlier This Year
(DBN)

Falling oil prices threaten to transform the industry
(DBN)

Energy stocks sink again as price of crude falls
(DBN)

BP to spend $1 billion on hundreds of job cuts, restructuring --- BP spends billions on restructuring
(DBN)

WTI Crude Declines as US Inventories Grow; Brent Slides
(DBN)

Oil worker wants homeless cuddle buddy
(DBN)

____________

Fraud:

US court overturns insider trading convictions of Todd Newman and Anthony Chiasson
(DBN)

Rothstein Creditors Set to Be Paid in Full
(DBN)

How the Whiff of Insider Trading Felled 2 Hedge Funds
(DBN)

Insider Trading Prosecutions Just Got Harder as Court Raises Bar
(DBN)

How Forensic Accountants Use Benford's Law To Detect Fraud
(DBN)

____________

Aviation:

Airlines to tap record profit run as oil decline widens margins --- Air fares seen dipping thanks to oil slump
(DBN)

Budget airlines are forcing the big guys to offer cheaper, less convenient seats
(DBN)

UTair rebuts rumors of bankruptcy
(DBN)

____________

Personal Finance:

Four Things All Millennials Should Do With Their Money
(DBN)

____________

Electricity:

Kirkland nets US$20m fees from energy sector's biggest bankruptcy
(DBN)

____________

Healthcare:

42.9 million Americans have unpaid medical bills
(DBN)

____________

Tax:

US Corporations' Secret Luxembourg Tax Deals
(DBN)

____________

Corporate Governance:

The Long Reach of Delaware's Corporate Influence
(DBN)

____________

New Bankruptcy Opinions
(6 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (31 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (15 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:

Interactive Bankruptcy Statistics Map
(DBN)

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Bankruptcy Reform:

ABI report calls for overhaul of outdated Ch. 11
(DBN)

American Bankruptcy Institute Commission to Study the Reform of Chapter 11: A Review of Significant Recommendations for Large Chapter 11 Cases
(DBN)

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Standing:

Can I Borrow Your Cause of Action for a Minute? Derivative Standing in the Seventh Circuit
(DBN)

____________

TBTF:

JPMorgan Can Adhere to Capital Rules, Maintain Payout, CFO Says
(DBN)

Congressional budget makes room for big bank bailouts once more
(DBN)

____________

Lehman:

Lehman Avoids Ruling That May Have Blocked Payouts
(DBN)

B---- On Former Lehman Employee Just About The Size You’d Expect Of Someone Demanding Two $84 Million Bonuses For ’08
(DBN)

____________

Environmental:

Freedom Industries Charged in Fraud After Chemical Spill --- Criminal charges raise questions about funds in Freedom bankruptcy
(DBN)

____________

Gambling:

Revel seeks to switch buyers for ex-casino --- Revel Asks to Sell to Polo After Brookfield Drops Out
(DBN)

Straub says he's not planning to appear at Revel hearing Friday
(DBN)

Bill: $1M a year to train laid off casino workers
(DBN)

Fitch Provides Estimate of Recoveries for Caesars Entertainment Operating Company Creditors in Event of Bankruptcy
(DBN)

Taj liquidation hearing postponed
(DBN)

____________

Alternative Energy:

Welland biodiesel plant up for grabs
(DBN)

____________

Pensions:

Multiemployer pensions could face cuts --- 1.5 million pensioners may soon see benefit cuts
(DBN)

____________

Corporate Reform:

Fewer Corporate Criminal Prosecutions, But Not Always
(DBN)

Lawsky Said to Probe Barclays, Deutsche Bank FX Algorithm
(DBN)

Warren Angry About Dodd Frank Changes
(DBN)

____________

Autos:

US Auto Production Down for 3rd Month
(DBN)

Mahindra poised to seal deal for remnants of Saab car group
(DBN)

____________

Shipping:

Danish investors to investigate OW Bunker collapse
(DBN)

Aegean buys over OW Bunker oil worth $12.5m
(DBN)

____________

Coal:

Coal Provocateur Sees Profits in Coal’s Long, Slow Death
(DBN)

____________

Opera:

New York City Opera Seeks Approval of Sale Procedures, Identifies Stalking Horse Purchaser
(DBN)

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Sovereigns:

NY Appeals Court weighs up request to embargo Central Bank
(DBN)

Holding out the holdouts
(DBN)

US bond investors balk at Argentina swap offer
(DBN)

US Vs English Law: With Argentina, Elliott Wants To Decide
(DBN)

Elliott Won't Relitigate Argentine Dispute In London
(DBN)

UN Process Could Limit Default and Stop Predatory Funds
(DBN)

Venezuela's coming nightmare debt holdout saga? --- Venezuela GDP shrank 4.2 pct through third quarter, opposition says
(DBN)

Ukraine Bonds Slump as IMF Said to See $15 Billion Financing Gap --- Ukraine Seeks Bigger IMF Package as Bonds Slump to Record
(DBN)

Minister: “Ukraine is bankrupt ”
(DBN)

Ukrainian PM warns of possible default, calls for more Western help
(DBN)

____________

UK:

UK tax authorities urge lawyers to pay tax debts or face penalties
(DBN)

Governor Mark Carney sweeps aside secrecy at Bank of England --- Bank of England unveils major shake-up
(DBN)

Small companies face being locked out of the insolvency process
(DBN)

____________

EU:

Shares, oil steady ahead of crunch ECB loan offer
(DBN)

Europe's Latest Cheap Credit Scheme Is Falling Flat Again
(DBN)

____________

PIIGS:

In Austerity-Weary Ireland, Having to Pay for Water Is the Last Straw
(DBN)

____________

Canada:

Garth Drabinsky makes bid to reclaim Order of Canada
(DBN)

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Germany:

Germany's biggest Burger King franchisee files for insolvency
(DBN)

____________

France:

France Is About To Plunge Into Deflation
(DBN)

____________

Brazil:

Eon-Batista tie-up Eneva files for bankruptcy
(DBN)

E.ON Says Eneva Bankruptcy Protection Won't Have Big Impact on Earnings
(DBN)

Petrobras funding options run slim as scandal deepens
(DBN)

____________

China:

Apple supplier Wintek shutters China plants
(DBN)

China Tells Banks To Issue More Loans To Help Lift Flagging Economic Growth
(DBN)

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Norway:

Plummeting Energy Prices Have Exposed Cracks In Norway's Oil-Fueled Economy
(DBN)

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