December 8, 2014

The Daily Bankruptcy News

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Law:

Associate Bonus Watch: No Billable Hours Requirement Still Equals High Bonuses At This Firm
(DBN)

Merger Or Acquisition? Will Locke Lord Follow The Morgan Lewis Model?
(DBN)

The Bingham Case Study - Part I
(DBN)

Robinson+Cole Elevates Bankruptcy Lawyer To Counsel
(DBN)

What's Hot And What's Not In The Legal Profession
(DBN)

Inflation-Adjusted Numbers Show BigLaw Continuing to Struggle
(DBN)

Legal Sector Jobs Hold Steady in November
(DBN)

Linklaters top earner receives £2.4m
(DBN)

Litigation funding: A US perspective
(DBN)

US law firms face onerous tax changes
(DBN)

Suspended Erie-area bankruptcy lawyer faces 2nd probe
(DBN)

The Legal Mastermind Behind New York's Record Bank Fines
(DBN)

Optical Company Sues Three Firms for Professional Malpractice That Led To Disallowance Of Secured Claim In Bankruptcy Case
(DBN)

Columbia Student Posts Epic Takedown Of Columbia
(DBN)

How Law Professors Can Help Failing Schools
(DBN)

Fall 2015 Law School Applicants Are Down 8.5%
(DBN)

The Most Conservative (Virginia) And Most Liberal (Berkeley) Elite Law Schools
(DBN)

The Over/Under on the Number of Law Schools Closing by 2018: One
(DBN)

Lawyers, Legal Consultants, And Other Hustlers - Don't Overdo LinkedIn
(DBN)

NYC officer cleared in chokehold death was sued by other black men --- Prosecutors In Ferguson And New York Chokehold Case May Have Screwed Up In The Same Way --- This Is The Video Of New York Cops Strangling A Man To Death That Is Tearing America Apart Right Now
(DBN)

How Many People Do Police Kill Every Year? --- What I've Learned from Two Years Collecting Data on Police Killings
(DBN)

A Surprising Reason You Might Not Be Getting Enough Sleep --- Sleep Deprivation Is Killing You and Your Career
(DBN)

Here's What You Should Wear To That Office Holiday Party --- 10 Things You Absolutely Shouldn't Say At The Holiday Office Party
(DBN)

The 9 Neckties Every Guy Should Own
(DBN)

Your Attire Speaks Volumes Before You Open Your Mouth
(DBN)

The Strange Reason Why Divorced Parents Might Be Legally Obligated To Pay For College
(DBN)

Billionaire’s ex-wife appeals $995M award in divorce case
(DBN)

Man who falsely claimed to have Ebola gets 10-year suspended sentence
(DBN)

Mark Wahlberg Wants Pardon for '88 Crime
(DBN)

Proud British Lady Says No Court Can Stop Her Illegal S-- Screams
(DBN)

Longtime law firm employee who stole at least $150K gets 2 years for tax evasion
(DBN)

Saudi extends detention of women drivers
(DBN)

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Judges:

Notice of Vacancy - US Bankruptcy Judge, Seattle, WA
(DBN)

ED WI: Susan V. Kelley Named Chief Bankruptcy Judge
(DBN)

Gavel Is Passed to Ninth Circuit's New Chief Judge
(DBN)

Federal Judge: "If the society we want depends upon a lack of skepticism we are nearly there"
(DBN)

S-- toy spurs bomb scare at federal courthouse
(DBN)

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Wall Street:

US Stock -Index Futures Decline After Equities Reach Records
(DBN)

Wall Street closes at records as the jobs report changed the picture
(DBN)

Investment banks lag rivals on profitability, efficiency -study
(DBN)

Wall Street's fear gauge dips on upbeat jobs report
(DBN)

30 Stocks Traders Are Shorting Like Crazy
(DBN)

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Layoffs:

BP to wield jobs ax as oil price slump takes toll: report
(DBN)

Decline in the Labor Force Participation Rate: Mostly Demographics and Long Term Trends
(DBN)

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

The 5 Best Apps For Finding A Job
(DBN)

Bankrupt fertilizer maker to lay off 200 workers
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Bonds:

Bill Gross' Last Months At PIMCO Were Spent On A Witch Hunt --- Pimco's ex-investors may not be better off
(DBN)

 

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Fraud:

Five ex-Madoff aides face up to 20 years in prison
(DBN)

Madoff Aide Hired in 1960s Will Be First to Learn Fate
(DBN)

Should you sell a Madoff claim?
(DBN)

Authorities Charge "Bernie Madoff of Orange County" With $11 Million Ponzi Scheme
(DBN)

Five years after collapse, Fair Finance investors still waiting
(DBN)

30-Year Sentence For Michigan Man Who Ran $46 Million Ponzi Scheme
(DBN)

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Oil/Gas:

Oil falls to 5-year low, hit by dollar, Saudi price cut
(DBN)

Leniency expected from oil creditors amid fall in prices
(DBN)

Oil slips towards $68 after Morgan Stanley cuts price forecast --- $65 Oil Was Inevitable
(DBN)

UBS: Here's What A $10 Move In Oil Does To GDP Around The World
(DBN)

U.S. gasoline prices fall to four-year low
(DBN)

US oil output growth to slow as global prices sink
(DBN)

The New Economics Of Oil: Sheikhs Vs. Shale
(DBN)

Why OPEC Will Tolerate Cheap Oil --- Here's What The Oil Cartel Is Up To
(DBN)

Massive Energy Bond Defaults Are the Next Big Worry
(DBN)

Falling oil prices: Why an oil bust won’t hurt the American economy or energy industry in the long run --- The Downside Of Lower Oil Prices In The U.S.
(DBN)

The Trouble With Cheap Oil
(DBN)

Fear and loathing in Oil City, Wyo
(DBN)

Assessing the fallout from the fall in oil prices
(DBN)

Falling oil prices could give West upper hand
(DBN)

What's wrong with the sharp drop in oil prices?
(DBN)

Small Oil Drillers Feel Brunt of Crude's Decline - Some Stocks Have Lost Half Their Market Value
(DBN)

More than $150 billion of oil projects face the axe in 2015
(DBN)

Connacher Oil and Gas Retains BMO Capital Markets in Process to Devise Strategy to Address Liquidity Issues, Capital Structure
(DBN)

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Paper:

Old Town mill sold for $10.5 million
(DBN)

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Festivals:

Uptown must return $500,000 to BR Festivals' creditors
(DBN)

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Economy:

The Incredible Shrinking Incomes of Young Americans
(DBN)

Hiring Surge Shows Strength of US Economy as Bears Flee --- U.S. factories show luster with bullish November hiring --- Bullish U.S. jobs report keeps Fed on track for mid-2015 rate hike
(DBN)

50 Straight Months Of Job Gains --- US Jobs Recovery in 6 Charts
(DBN)

Employment Report: Best Year for Employment since the '90s
(DBN)

More jobs created; but not all jobs are equal --- Jobs Report Hides Hardships of Many Workers
(DBN)

As Jobs Surge, Term Structure Of U.S. Unemployment Remains Distorted
(DBN)

The Future's so Bright ...
(DBN)

House-Senate Negotiators Close on Budget
(DBN)

U.S. factory orders fall for third straight month
(DBN)

Roubini: The Mother Of All Asset Bubbles Will Burst In 2016
(DBN)

Orwellian Wages and the Poverty Line
(DBN)

The Sad State Of American Inequality In 12 Charts
(DBN)

Consumer Credit Balances Expand
(DBN)

What The Next Financial Crisis Might Look Like
(DBN)

McDonald's Worker On Strike: 'Every Day Is A Struggle ... My Son Needs Clothes'
(DBN)

Millennials Are Crushing It In The Job Market
(DBN)

Emerging Markets Masking Corporate Foreign Debt, BIS Says
(DBN)

The Happiness Level Of Every Part Of The World In One Infographic
(DBN)

Grumpy Cat Has Earned Its Owner Nearly $100 Million In Just 2 Years
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Long-term mortgage rates hit lowest in 19 months
(DBN)

Short sale tax break passes in House
(DBN)

Horizon Group Management files for bankruptcy after losing class-action suit
(DBN)

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Municipalities:

The Need for Greater Transparency in Municipal Bankruptcies
(DBN)

Fair and Unfair Discrimination in Municipal Bankruptcy
(DBN)

Detroit's manager to resign as city exits bankruptcy --- Orr to resign soon, leave Detroit with one-time surplus
(DBN)

Detroit's bankruptcy bonanza still in mediation
(DBN)

Aerial Photos: Detroit's Urban Fabric Looks Like 'A Moth-Eaten Blanket'
(DBN)

Detroit may not exit bankruptcy until Dec. 15
(DBN)

Next up: Illinois municipal bankruptcy ? --- Muni bankruptcy ? Chicago is not Detroit
(DBN)

California Town Seeks Financial Salvation in Imprisonment
(DBN)

East Cleveland is on the verge of bankruptcy
(DBN)

Largest NJ Public Employee Pensions Bankrupt, Moody's Report Says
(DBN)

In Providence, Bankruptcy is a Solution
(DBN)

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Gambling:

Casino Construction Ends Up in Bankruptcy, Resurrection
(DBN)

Taj Mahal Casino Closing In Atlantic City Pushed to Mid-December --- Taj Mahal plans Dec. 20 closure
(DBN)

Caesars Judge to Rule Soon on Hearing Creditor Suit
(DBN)

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Coal:

Patriot Coal warns of cuts at Union County mines
(DBN)

Appalachia ponders a future without coal
(DBN)

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Aviation:

Mueller Gets Hardest Airline Job at Malaysia Air
(DBN)

Qantas gets lift as turnaround strategy kicks in
(DBN)

Russian air carrier UTair involved in bankruptcy proceedings --- Avialeasing investment company files lawsuit for bankruptcy of UTair airline
(DBN)

"Strange Odor" Turns U.S. Airways Flight Into a Vomit-Soaked Nightmare
(DBN)

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Personal Finance:

8 Steps I Used To Pay Off $81,000 Of Debt In Less Than 3 Years
(DBN)

Understanding Student Loan Repayment Plans
(DBN)

5 Student Loan Myths That Are Costing You Money
(DBN)

14 Financial Tasks To Check Off Your List Before 2015
(DBN)

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Mass Torts:

Judge shoots down lawyer claims in Garlock bankruptcy
(DBN)

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Retailing:

US holiday shopping discounts deepen, last longer
(DBN)

dELiA*s, Inc. Files For Bankruptcy Protection --- Delia's to liquidate merchandise
(DBN)

US teen retailers going out of fashion
(DBN)

The Politics of Retailers’ Holiday Sales
(DBN)

American Eagle shares fall on weak outlook
(DBN)

Details of Deb Stores Holding's Proposed Debtor-in-Possession Financing Facility --- Deb Shops abandoned by its owners and likely headed into liquidation
(DBN)

Radio Shack Bankruptcy Watch: O War, thou son of Hell!
(DBN)

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Toll Roads:

Critics of Toll Road deal off track
(DBN)

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Trucking:

Ex-CEO of defunct Tulsa trucking firm named in fraud indictment
(DBN)

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Debt Collection:

Banks Fear Crackdown on In-House Debt Collections
(DBN)

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Tech:

GT Advanced Creditors Object to Proposed Apple Settlement
(DBN)

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Alternative Energy:

Biofuels company files for Chapter 11
(DBN)

‘Stranded assets’: Will efforts to counter warming render energy reserves worthless?
(DBN)

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Shipping:

Overseas Shipholding Group Asks U.S. Court Who to Pay for OW Bunker Bill
(DBN)

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Pensions:

Immediate multiemployer reforms urged --- Lame-Duck Congress Nears Last-Minute Vote On Sweeping Pension Reform
(DBN)

Employers' woes push union pension plans to collapse
(DBN)

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Politics:

Republican Message Sinks In Even as Obama Economy Gains Strength
(DBN)

GOP Matches Truman Era High in House
(DBN)

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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 (28 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (59 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:

Phoenix bankruptcies lowest in seven years
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

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Miscellaneous:

The Week Ahead
(DBN)

Fifth Circuit Review: November 2014
(DBN)

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Bankruptcy Reform:

ABI Commission Unveils Chapter 11 Recommendations
(DBN)

Bankruptcy commission would reduce barriers to Chapter 11 exit
(DBN)

ABI Commission's Report on Bankruptcy Reform and the LSTA's Response
(DBN)

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Sales:

Bankruptcy Sales: It Is A Good Idea To Confirm You Are Acquiring Everything You Need Before You Close
(DBN)

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Jurisdiction:

'Fairfield Sentry' and the Second Circuit's Latest on Jurisdiction
(DBN)

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Professional Compensation:

Should an Estate Professional Be Paid for Defending Fees?
(DBN)

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IP:

Bankruptcy Court Bakes Trademark Protection Into Section 365(n)
(DBN)

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TBTF:

Large U.S. Banks Additional Capital Requirements
(DBN)

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Baseball:

San Angelo Colts Rack up Errors in Bankruptcy Proceedings
(DBN)

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Education:

Corinthian Colleges Campuses In California Will Likely Be Shut Down
(DBN)

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Celebs:

How waning fame and fated investments left these boyband stars bankrupt
(DBN)

The 27 Weirdest Things In Burt Reynolds' Auction
(DBN)

Cash Money Paying Artists?
(DBN)

Former NBA star Antoine Walker: Life after losing $110 million
(DBN)

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Banking:

Unofficial Problem Bank list declines to 407 Institutions
(DBN)

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Non-Profits:

2011 report raised red flags
(DBN)

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Healthcare:

American Laser Skincare to Liquidate
(DBN)

Bankruptcy trustee recovers $10M toward Northern Berkshire Healthcare debt
(DBN)

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Golf:

Bankruptcy trustee wants money back
(DBN)

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Sovereigns:

US hedge fund places bets on Argentine debt
(DBN)

Plan to negotiate debt revisions wins key UN vote
(DBN)

UN set to create framework for global bankruptcy process in wake of Argentina debt crisis
(DBN)

US judge’s name is a household word in Argentina
(DBN)

Is Venezuela Headed For a Default?
(DBN)

Model law is the key to protecting ‘unprotected’ government debt
(DBN)

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UK:

Waterford Crystal pension deal close to being finalized
(DBN)

Premier Foods’ demand to suppliers raises concern
(DBN)

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EU:

ECB's loans offer clues in QE guessing game
(DBN)

Bank on 'Super Mario' to give Europe a monetary jolt
(DBN)

EU earns 'fail' grade over bank capital regime
(DBN)

European Stocks Are Sliding
(DBN)

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PIIGS:

Italian court orders new trial for bankers in Parmalat scandal
(DBN)

Dunne blames high costs for giving up fight to escape debts
(DBN)

Waterford Crystal pension deal to go to Cabinet
(DBN)

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Canada:

Tanking oil prices threaten profits at Canadian banks
(DBN)

Mexx bankrupt but Toronto stores still open (for now)
(DBN)

Paper trail: The decline of Canada's forestry industry
(DBN)

Resolute to Close Canada Newsprint Plants on Low Demand
(DBN)

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Australia:

Australian banks may need $42b to guard against risk --- Big four Aussie banks face shake-up
(DBN)

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China:

Cao remembered for bankruptcy law role
(DBN)

'Gold-Obsessed' Chinese Officer Took $5 Billion
(DBN)

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Vatican:

Vatican financial reform czar finds huge amount off books
(DBN)

Prosecutor freezes accounts of ex-Vatican bank heads
(DBN)

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Japan:

Japan's economy is in even worse shape than feared, data shows
(DBN)

Japan's Recession Deepens as Election Looms for Abe
(DBN)

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Norway:

Iron ore miner Northland Resources files for bankruptcy
(DBN)

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Ukraine:

NBU declares Bank Cambio insolvent
(DBN)

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MENA:

Dubai World Restructuring Set To Adopt Bankruptcy Law
(DBN)

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