July 10, 2014

The Daily Bankruptcy News

View prior editions: Click Here
View prior case summaries: Click Here
Search prior headlines: Click Here
Search prior case summaries: Click Here

 

Law:

Confidence in Legal Industry Mixed Among Firm Leaders
(DBN)

Careers Gone Awry
(DBN)

How Much We're Using Our Mobile Devices
(DBN)

Washington & Lee Surrenders On Confederate Flag Issue
(DBN)

Prof who claimed ‘unnerving and creepy’ party behavior by law dean settles retaliation suit
(DBN)

How Successful People Beat The Afternoon Slump
(DBN)

How To Dress Like You're Powerful
(DBN)

LawProse: Why does it matter how you state a legal issue? --- Who’s who.
(DBN)

Tips For Making Deductions Like Sherlock Holmes
(DBN)

The Internet — A ‘Silk Route’ For The Ages
(DBN)

Former Biglaw Big Shot Seeks Work, How He Did It Will Amaze You.
(DBN)

15-month-old boy dies after being left inside hot car parked in affluent Connecticut town
(DBN)

Cops: Dad Hid Heroin In Baby's Diaper
(DBN)

Greetings From The Great White North
(DBN)

Gay Teacher Uses Creative Legal Tactic Against The School That Fired Him
(DBN)

After watching his grandfather, 84, shoot his dad, 11-year-old kills gramps with a shotgun
(DBN)

Jail visitor is accidentally locked up for 30 hours, finally breaks sprinkler head to escape
(DBN)

Donald Sterling Says He Will 'Never, Ever' Sell The Clippers, Calls His Wife A Pig
(DBN)

Man Claims His Uber Driver Tried Evading Authorities During A High-Speed Chase
(DBN)

This Dominatrix Needs A Lawyer. Any Volunteers?
(DBN)

CA pastor and parishioners plead guilty to forcing 13-year-old boy to dig his own grave
(DBN)

______________

Judges:

Judge accused of making up story that he was attacked with toilet
(DBN)

Runaway SUV crashes into courthouse, eliminating power and air conditioning
(DBN)

______________

Wall Street:

Futures Plunge As Fed Minutes Sink In --- U.S. Stock-Index Futures Drop After Bullard’s Comments
(DBN)

Dow Futures Down 135
(DBN)

Markets Are Tumbling After A Wave Of Ugly Data
(DBN)

Stocks Close Higher
(DBN)

U.S. Stocks Extend Gains After Fed Minutes
(DBN)

Faber: The Market Will Crash
(DBN)

______________

Layoffs:

It's Never Taken Longer To Fill A Job Opening In America
(DBN)

What A Hiring Manager Scans For When Reviewing Resumes
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Telecoms:

Falcone's Harbinger files $1.5 billion RICO suit vs. Ergen, Dish
--- Falcone wallops Ergen with $1.5B lawsuit in LightSquared battle
(DBN)

____________

Food/Beverage:

Brennan's to reopen as restaurant after bankruptcy sale
(DBN)

____________

Infrastructure:

Republicans Have Unveiled A Solution To The Looming 'Highway Shutdown,' And Conservatives Already Hate It
(DBN)

Goldman Sachs: Funding for Highway Construction Appears Likely
(DBN)

____________

Finance:

Loan Growth 'Is Crazy, It's The Boom, It's The Gold Rush'
(DBN)

____________

Tax:

Landmark Tax Evasion Law Quietly Kicks In
(DBN)

Emails Point to IRS Officials Using Instant Messages --- Lerner warned IRS employees to hide information from Congress
(DBN)

Ex-Swiss Banker Charged With Giving Data to WikiLeaks
(DBN)

Federal Banking Regulators Update Guidance on Tax Allocation Agreements
(DBN)

Cadwalader Takes Corporate Inversions to Another Level
(DBN)

____________

Oil/Gas:

Buccaneer bankruptcy slows gas fight with CIRI
(DBN)

____________

Gambling:

Showboat Closing Prompts NJ Lawmaker to Propose Changes
(DBN)

As Atlantic City's fortunes fade, casino workers fear bleak future
(DBN)

____________

Mass Torts:

Freedom Industries eyes tank teardown start Monday
(DBN)

____________

Retailing:

The American Apparel Saga Continues
(DBN)

American Apparel challenges default claim on $9.9 million loan
(DBN)

American Apparel Is Said to Strike Rescue Deal With Investor
(DBN)

American Apparel to Get $25 Million in Financing From Hedge Fund
(DBN)

Dov Charney loses support of American Apparel factory workers --- American Apparel Claims Charney is Still Its CEO
(DBN)

Dov Charney's Sleazy Struggle for Control of American Apparel
(DBN)

American Apparel Is Replacing Most Of Its Board In Deal Reached Between Hedge Fund And Ousted CEO
(DBN)

Retail 'funk' capsizes Container Store --- The Container Store CEO Gives A Shocking Warning About The State Of The Consumer
(DBN)

____________

Economy:

Fed advances discussion on exit strategy: FOMC minutes --- Fed Split on Signals for First Rate Increase --- Fed leans to ending bond purchases in October --- Path to exit becoming more concrete
(DBN)

Poll: U.S. Consumer Spending Declines in June
(DBN)

Thursday: Unemployment Claims
(DBN)

Jeremy Stein: The exclusive exit interview
(DBN)

Treasuries Rise as Fed's Caution Outweighs Stimulus Exit Plans
(DBN)

End Date Of QE Is Officially In Sight
(DBN)

Americans Aren't Moving
(DBN)

Why the decline in marriage among first-time mothers matters
(DBN)

Everyone's Trying To Figure Out What'll Be The Next Financial Timebomb
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

New report: DIA art worth more than $4.6 billion
(DBN)

The time is nigh for Bank of America's mortgage reckoning
(DBN)

Phoenix Real Estate in June: Sales down 11%, Cash Sales down Sharply, Inventory up 43%
(DBN)

Las Vegas Real Estate in June: YoY Non-contingent Inventory up 86%, Distressed Sales and Cash Buying down YoY
(DBN)

Mortgage Applications Increase in Latest MBA Weekly Survey
(DBN)

Here's How Long It Will Take To Have A Down Payment By Saving $10 A Day
(DBN)

Crumbs abrupt exit leaves questions for landlords
(DBN)

A Retailer That's Closely Tied To The Housing Market Is Crashing After A Profit Warning Due To The Economy
(DBN)

Protesters Swarmed A San Francisco Business That's Trying To Evict A 98-Year-Old Woman
(DBN)

____________

Municipalities:

Campaign Atmosphere Amid Detroit Vote on Debt Plan
(DBN)

New report: DIA art worth more than $4.6 billion
(DBN)

Detroit art sale could bring less than half collection's value -expert --- Expert Witness Report Of Michael Plummer
(DBN)

Expert witness in bankruptcy case costs Detroit over $500,000
(DBN)

Detroit reaches key labor deal with police union amid bankruptcy
(DBN)

Ficano Objects After Kevyn Orr Awards Raises To Detroit Officials, Others, In Midst Of Bankruptcy
(DBN)

Bedbugs infest city buses in Detroit
(DBN)

Detroit’s Orwellian Water Crisis: Is Water Dept. Engaging in Selective Shutoffs? --- Detroit water department just now sending shut-off crews to commercial customers
(DBN)

Detroit Shuts Off Water As it Tries To Collect Millions In Overdue Bills
(DBN)

EM: Pay bump for non-union employees intended to restore earlier cuts
(DBN)

Puerto Rico Representative Explores Bankruptcy Option
(DBN)

Stockton Judge Tells Calpers to Justify Bankruptcy Claims
(DBN)

Stockton May Reduce Pension Plans to Ease Bankruptcy Burden
(DBN)

Florida retains outside lawyers to sue Digital Domain
(DBN)

Memphis 'Blue Flu' symbol of police pension troubles
(DBN)

The States That Are Adding Jobs The Fastest
(DBN)

____________

Banking:

Legal Cloud Dims Citi Lights
(DBN)

Morgan Stanley slashes EPS estimates for Citi as settlement looms
(DBN)

____________

Corporate Reform:

Regulators Trying to Place Blame for the Financial Crisis Should Look Within
(DBN)

Credit Suisse seeks sentencing delay until decision on pension asset management waiver
(DBN)

Commerzbank May Pay Up To $800 Million To Settle A US Probe Into Dealings With Sanctioned Countries
(DBN)

____________

Agriculture:

Farmers lost $9.7 million in failed grain elevator
(DBN)

____________

Religion:

Finance czar aims to steer Vatican 'off the gossip pages'
(DBN)

Judge Approves Without Walls Property Auction
(DBN)

____________

Aviation:

Airlines give upbeat view of revenue trends
(DBN)

EU to approve state aid for Poland's LOT airline
(DBN)

7 Airlines That Will Make You Love Flying Again
(DBN)

____________

Financial Literacy:

American teens can't read a pay slip --- In financial literacy, US teens score below Latvia
(DBN)

____________

Personal Finance:

This Man's Story Will Scare You Out Of Ever Cosigning A Loan
(DBN)

5 Money Talks To Have Before You Get Married
(DBN)

The Best Career Advice You Never Hear
(DBN)

____________

Shipping:

Genco exits Chapter 11 bankruptcy protection
(DBN)

____________

Accounting:

PwC must face $1 billion lawsuit over MF Global collapse
(DBN)

____________

Rating Agencies:

Credit Rating Companies Still Broken
(DBN)

____________

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 (19 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (11 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)

______________

Executory Contracts:

Leases and Executory Contracts in Chapter 11
(DBN)

____________

Jurisdiction:

Supreme Court to Consider Bankruptcy Court Jurisdiction Issues in Fall 2014
(DBN)

Uncertainty Abounds Regarding Consent to Bankruptcy Court Adjudication
(DBN)

____________

Committees:

Chapter 11 Plan Provision Allowing Individual Members of Official Committee to be Reimbursed for Professional Fees and Expenses Held Invalid
(DBN)

____________

Electricity:

Energy Future postpones hearings after judge questions plans
(DBN)

Energy Future delays DIP hearing, cites ‘beneficial developments’
(DBN)

EFH asks court to delay hearings on Oncor
(DBN)

____________

Celebs:

Real Housewives' Teresa Giudice talks family as she and husband Joe face prison sentencing
(DBN)

Ex-New Orleans Mayor Ray Nagin Gets A Decade In Prison For Corruption
(DBN)

Singer Charlotte Church 'bankrupt' after blowing up $45 million fortune
(DBN)

Court to determine if celebrity debtor’s wife is his ‘puppet’
(DBN)

George Clooney Slams 'Completely Fabricated' Daily Mail Story About His Impeding Nuptials To Lawyer
(DBN)

Toronto Mayor Rob Ford 'Broke Things' And 'Got Into Fights' While In Rehab
(DBN)

Lawyer/Real Housewife’s Husband Sentenced To 8 Years In Prison
(DBN)

Justin Bieber charged with vandalism, takes plea, will pay $80K to fix to egg damage to nearby home
(DBN)

____________

Politics:

Boehner: No Impeachment
(DBN)

____________

Nonprofits:

CAPWN files Chapter 11 bankruptcy
(DBN)

____________

Fraud:

Investigators Find a Web of Companies Duping Retirees
(DBN)

Short-Sale Superhero ‘Garbage Man’ Takes Out Market Trash
(DBN)

Madoff's Only Remaining Son May Go on Trial
(DBN)

____________

Sovereigns:

Argentines Taunt Singer as Soccer Chants Turn to Bonds
(DBN)

Don't reward the people who hold Argentina to ransom
(DBN)

Dechert, Funds Win New York Debt Fight with Africa's DRC
(DBN)

Vulture funds are showing their true colors
(DBN)

Need for bankruptcy court on sovereign defaults
(DBN)

The World's 25 Most Fragile States
(DBN)

____________

UK:

National law firm sues Insolvency Service over failed bid for contract
(DBN)

New rules 'could save insolvent companies'
(DBN)

Rangers case rumbles on as taxman loses appeal over player 'loans'
(DBN)

Scottish insolvencies drop --- Problems remain
(DBN)

‘Tsunami’ of lawsuits after crackdown creates £5bn tax bill
(DBN)

____________

PIIGS:

Portugal's Espirito Santo family eyes debt relief measures --- Banco Espirito Santo woes fail to fuel crisis fears --- A Troubled Portuguese Bank Has The Country's Interest Rates Surging
(DBN)

Greece hires banks for new three-year bond --- Bailed-out Greece looks to raise money through bonds after forced four-year absence --- Protests as Greece approves power company privatisation
(DBN)

Pain in Spain: Tech firm's collapse rattles faith
(DBN)

And Now, Italy's Economic Recovery Is In Doubt
(DBN)

Is Dunne 'puppet master' over wife Gayle, US judge asks lawyers
(DBN)

____________

France:

Economists Are Running Out Of Ways To Describe How Bad It Is In France
(DBN)

____________

Asia:

An Outlook on Turnaround and Restructuring in Asia-Pacific 2014
(DBN)

____________

Russia:

Bankruptcy law is option for Russia's Mechel, minister says
(DBN)

____________

India:

Bankruptcy laws need to be fair to entrepreneurs
(DBN)

____________

Australia:

Chapter 11 again mooted as an option for Australia's insolvency regime
(DBN)

____________

 

 

 

The Daily Bankruptcy News is primarily a curated news link gathering service.   This means that most of the headlines contained in the publication are a collection of links to stories posted on the Internet by various third party publications.  Such content is owned by third party sources, not The Daily Bankruptcy News, and in some cases, these links change or expire, which means you may not be able to view some news stories in prior editions of the Daily Bankruptcy News. The DBN subscription fee is not a fee for access to the content of the links, but is a charge for the considerable work involved in gathering, organizing and presenting the links. Use of this site and The Daily Bankruptcy News is subject to our Terms of Use. If you received The Daily Bankruptcy News via email (and you have a paid subscription account), to view a news story, click on the headline, and the story should open in your web browser. To view additional stories, click back to the email and click on additional headlines, which will cause new stories to open in your web browser.  You can view the Daily Bankruptcy News on the web by clicking here.

Advertising
Advertising is available in The Daily Bankruptcy News. Click here for details  Feel free to contact us with any questions.

Passwords/Subscriptions
Access to certain links in The Daily Bankruptcy News is available only to readers holding a paid service subscription.  These links are currently marked with a "DBN" notation. The cost of a subscription is $58/year, payable annually.  Volume discounts are available for sites with multiple users. Click here to see a schedule of discounts. Complimentary subscriptions are available for full-time educational and governmental employees and for full time students. For information about discounts or educational/governmental subscriptions, contact us by clicking here. A separate password is required for each member of a firm wishing access to restricted links.

New readers can receive a free password good for 30 days by clicking here. 30-day passwords are not available to readers who have previously had a password, even if the password was associated with a different email address used by the reader. Refunds are not available after purchase.

Readers who wish to change their passwords should click here. Readers who have forgotten their password should click here.

Adding Your Email Address To The Distribution List
If you would like to start receiving The Daily Bankruptcy News by email each day, click here, and fill in the information requested.  There is no charge to be placed on the distribution list to receive the headlines, although access to many of the links behind the headlines requires a paid subscription (see above, under Passwords). If, after adding your email address to the distribution list, you do not receive an email confirming the addition, please contact us by clicking here for help.  

Removing Your Email Address From The Distribution List
If you already receive The Daily Bankruptcy News by email and you wish to remove your email address from the distribution list, click here and send the email that should appear.  You do not need to type anything in the body of the email message. Note that the email asking for removal must be sent from the same email address which is on our distribution list.
If you do not receive an email confirming deletion of your email address from the distribution list, contact us by clicking here for help.

If receive the publication forwarded from an older email address, you will need to contact us as described below for help removing that older address from our distribution list.

Press Releases/News Tips
Please send press releases and news tips to admin@bkinformation.com

Contact Us
The Daily Bankruptcy News is published each business day by BKINFORMATION.COM, L.L.C.  You can reach us at 281-402-3957 or at accounting@bkinformation.com (email inquiries are usually answered substantially more quickly than phone inquiries). Our mailing address is 935 Eldridge Road, No. 350, Sugar Land, Texas 77478.

 

Copyright 2014