December 23, 2014

The Daily Bankruptcy News

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Due to the Christmas holiday, The Daily Bankruptcy News will not publish on December 24 and 25, 2014





Law:

Law school faculty numbers shrink 11 percent since 2010; which schools shed the most full-timers?
(DBN)

Law School No Longer Default - Slim Pickings For Best And Brightest
(DBN)

In Partner Promotions, Boies Schiller Sees its Future
(DBN)

Legal Services - New Study Documents (again) High Rate Of Clinical Depression
(DBN)

The Debut Of iPhools
(DBN)

David Boies Is Fighting For Your Right To Watch Terrible Cinema
(DBN)

Law School And Student Loan Debt: Be Careful
(DBN)

D.C. Circuit Revives Law Prof's Discrimination Claim Over Tenure Denial
(DBN)

'Law Schools Shouldn't Despair: If History Is Any Guide, the Legal Profession Will Be in Vogue Again Before Too Long'
(DBN)

Lawyer is beaten unconscious in New Orleans; neither his Rolex nor his cash was taken
(DBN)

Jury awards ‘grave immoral sinner’ Catholic teacher $1.9 million for in vitro fertilization firing
(DBN)

Elf charged with DWI --- Man Dressed As Santa Shoots 2 At Gas Station
(DBN)

Turkish President: Birth Control Is 'Treason'
(DBN)

Manhattan Socialites Accused Of Mistreating Their Nanny Are Now Trapped In Italy
(DBN)

Law Students Identified Another Possible Suspect In The 'Serial' Murder Case
(DBN)

Lawyer is reprimanded for lying about appeal; client repeated assertion in TV interview
(DBN)

Here's Your First Good Look At 'Breaking Bad' Prequel 'Better Call Saul'
(DBN)

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Wall Street:

US stocks : Futures inch up as Dow eyes 18000
(DBN)

Stocks Rally To A Record High
(DBN)

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Layoffs:

Employees at Montana Firm Get $7.3M in Settlement awards
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Oil/Gas:

Oil falls towards $60 on Saudi supply comments
(DBN)

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Gambling:

Caesars Surges on Merger with Sister Company as Casino Restructures
(DBN)

Bankruptcy on Horizon for Leon Black’s Caesars Entertainment
(DBN)

As Caesars Deals, a Showdown in Las Vegas Awaits
(DBN)

Caesars faces rough road as re-org, bankruptcy looms
(DBN)

Caesars deal boosts assets before bankruptcy
(DBN)

Caesars Merger Seen Aiding Debt Load
(DBN)

Trump Entertainment Eyes New Financing From Icahn
(DBN)

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Asset Protection:

Another Notable Year in Asset Protection
(DBN)

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Aviation:

Eastern Air Lines Is Back After Being Gone For Over 20 Years
(DBN)

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Fraud:

Madoff Trustee Seeks to Pay $322 Million to Investors
(DBN)

Madoff ponzi scheme: Payout to victims to total more than $7bn
(DBN)

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Tax:

Rep. Michael Grimm Expected to Plead Guilty to Tax Fraud: Official
(DBN)

The Greatest Tax Story Ever Told: How Davis Polk Created the First Inversion, Then Celebrated With an Opera
(DBN)

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Opera:

Met Opera credit rating downgraded despite labor deal
(DBN)

Auctioning of New York City Opera delayed
(DBN)

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Banking:

The FDIC's Bank Holding Company Heist - Recapitalizing a failing subsidiary bank with the assets of the parent firm is contrary to law
(DBN)

America's Best and Worst Banks for 2015
(DBN)

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Economy:

Philly Fed: State Coincident Indexes increased in 44 states in November
(DBN)

Chicago Fed: Index shows "Economic Growth Accelerated" in November
(DBN)

Fed is Wrong About Our Economic Recovery
(DBN)

US Debt Clock
(DBN

Economic Indicators Dashboard
(DBN)

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Real Estate:

Sales of U.S. Existing Homes Decrease More Than Forecast --- Slowest pace in 6 months in Nov. --- Existing home sales collapse 6.1% in November
(DBN)

Existing Home Sales in November: 4.93 million SAAR, Inventory up 2.0% Year-over-year
(DBN)

Get Ready: Foreclosed Homeowners are Back
(DBN)

Wells Fargo Ordered to Pay $54.8 Million in Class-Action Lawsuit
(DBN)

The truth about a housing "recovery" in 2015
(DBN)

Lack of millennial homebuyers drags on housing
(DBN)

The juiciest real estate lawsuits of 2014
(DBN)

Mortgage Servicer Privity with Borrowers
(DBN)

Ocwen executive chairman to step down in $150 mln settlement --- What the Ocwen agreement means for Ocwen and beyond --- Here’s what Ocwen did wrong
(DBN)

The 22 Most Expensive Homes Sold This Year
(DBN)

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Municipalities:

Board OKs $195M for Detroit pension funds --- State gives final OK to Detroit 'grand bargain' payment
(DBN)

$500K gift to fire dept. closes firm's Chap. 9 role
(DBN)

California Issuers Risk Higher Costs With Stockton
(DBN)

CA: Financially stressed cities?
(DBN)

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Oil/Gas:

Oil prices slide after early gains on hopes of firm US data
(DBN)

Crude resumes fall to $56 a barrel
(DBN)

OPEC Sources: Oil Will Be Above $70 In A Year
(DBN)

Saudi Oil Minister: I Don't Care If Prices Crash To $20 — We're Not Budging
(DBN)

$1 Trillion Stranded in Oil Field Investments
(DBN)

Oil Companies to Cut Spending 25% in 2015
(DBN)

Katie Couric and the Net Petroleum Exporter Myth
(DBN)

Natural Gas Prices Are Crashing
(DBN)

Oil prices and Saudi diplomacy
(DBN)

Gas prices have fallen for record 88 straight days
(DBN)

Here's How Much Money Americans Will Save Thanks To Cheaper Gas
(DBN)

US airlines confront cheap oil's flip side: costly hedges
(DBN)

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Corporate Reform:

US hits French company with record bribery fine --- Alstom to pay record $772 mln
(DBN)

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Retailing:

Wet Seal Could Be The Next '90s Icon To Die
(DBN)

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Healthcare:

Bankruptcy Sales for Distressed Hospitals: Four Questions to Ask
(DBN)

Specialty Hospitals of Washington emerges from bankruptcy with new CEO
(DBN)

Public Hospitals Serve the Poor — with Lawsuits
(DBN)

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Pensions:

The Real Risk of Pension Plans: They Give Retirees False Security
(DBN)

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Religion:

Francis: Vatican administration is sick with power, greed --- Blistering attack on Vatican bureaucrats' 'lust for power'
(DBN)

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Celebs:

IRS to auction New York Mets deal owed to Darryl Strawberry
(DBN)

When Reality Television Gets Real: Housewives in Bankruptcy
(DBN)

How The Founder And CEO Of American Apparel Went From Mega-Mogul To Sleeping On Friend's Couch
(DBN)

Blixseth to Stay in Jail
(DBN)

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Coal:

Trinidad-area mine owner files bankruptcy
(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 (10 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (2 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:

 

Interactive Bankruptcy Statistics Map
(DBN)

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Bankruptcy Reform:

Proposed Bankruptcy Fixes Would Try to Make Bankruptcy Cheaper
(DBN)

Recommendations of the ABI Commission to Study the Reform of Chapter 11: Preference Claims
(DBN)

House Passes Financial Institution Bankruptcy Act of 2014
(DBN)

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Avoidance Actions:

Not all Dollars are Equal – the Risk of Receiving Payments from Non-obligated Affiliates
(DBN)

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IP:

Trademark Licensees May Be Protected in a Licensor's Bankruptcy Even After a "Free and Clear" Sale
(DBN)

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Professional Fees:

Creditor's Claim for Attorney Fees Not Entitled to Secured Status
(DBN)

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Cross-Border:

Chapter 15: section 363 review trumps comity
(DBN)

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Sovereigns:

Boston Investment Company Sues Ecuador Over Bond Default
(DBN)

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UK:

Consummating a UK/US Distressed Asset Sale
(DBN)

Insolvency In The Fashion Retail Sector: Understanding and Managing the Risks of an Insolvent Asset Acquisition
(DBN)

Britain's Recovery Isn't As Strong As Expected
(DBN)

More retailers in distress says Begbies
(DBN)

Tesco profit overstatement: PwC faces double investigation by accountancy watchdog FRC
(DBN)

Trader goes missing after £130m of clients' cash disappears
(DBN)

____________

EU:

Update: Proposed Amendment to EC Insolvency Regulations
(DBN)

Cyprus Airways isn't far from closure, ministry
(DBN)

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Canada:

The Canadian Economy Doesn't Work With Oil Prices At These Levels
(DBN)

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Russia:

Rouble strengthens as Russia forces exporters to dump foreign cash reserves --- Russia's Recession Risk Seen at Record as Oil, Ruble Hit Growth
(DBN)

Ex-minister Kudrin warns of 'full-fledged crisis' in Russia
(DBN)

Russia bails out bank following ruble slide --- Russia Lawmakers Pass Bank Support Measures After Rescuing Trust
(DBN)

Russia in recession in 2015, ruble to stay pressured
(DBN)

Russia's Roseneft Repays $7bn in Debt
(DBN)

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Romania:

New Insolvency Law In Romania
(DBN)

____________

Australia:

Mirabela Nickel Restructuring: An Australian First
(DBN)

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Croatia:

Restructuring in Croatia: Hard Choices for Lenders
(DBN)

____________

Hong Kong:

Recognition of Foreign Liquidators in Hong Kong
(DBN)

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Copyright 2014