July 15, 2014

The Daily Bankruptcy News

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Law:

Former Dewey Executives Seek Dismissal of Case, Saying They Were 'Scapegoats'
(DBN)

The "Voracious Greed" Behind the Dewey Failure
(DBN)

Elite Law Firms Dominate as Deals Proliferate
(DBN)

Who Is To Blame For Declining LSAT Applications?
(DBN)

In-House: If It Goes To People Above Me, Then It Goes To Me, Too
(DBN)

ABA opposes draft tax bills that would force many law firms to pay taxes on phantom income
(DBN)

This Poor Partner’s Migraines Mean More Money For The Firm
(DBN)

Legal Productivity Doesn't Happen in a Vacuum
(DBN)

As Economy Improves, Corporate Culture Should Too
(DBN)

3 Tips for Preserving Privilege During an Investigation
(DBN)

Mistaken ‘reply all’ email leads to suspension without pay
(DBN)

Firm sues ex-client over Yelp review that claims firm will ‘take everything you’ve got’
(DBN)

Biglaw Firm Makes It Possible For Associates To Do More Work
(DBN)

Why Co-Working Might Not Work For Lawyers — And What The Bars Can Do About It
(DBN)

Musical Chairs: Another Entrant Into The Houston Market
(DBN)

Ex-prosecutor jailed in lieu of $5M bond, accused of soliciting lawyer’s murder
(DBN)

18 Things Every Man Should Take Out Of His Closet And Burn
(DBN)

Eliminate These 8 Things From Your Day
(DBN)

11 Tiny Design Features That Show Apple's Insane Attention To Detail
(DBN)

6 Easy Ways To Improve Your LinkedIn Profile In 15 Minutes
(DBN)

Here's What Happens To Your Brain On Caffeine
(DBN)

Former White House Lawyer Convicted Of Attempted Murder
(DBN)

Report: Lawyer accused of stalking jury won't face discipline
(DBN)

21-Year-Old Hit And Killed By NYC Subway While Using Her iPad
(DBN)

How Admitted Drug Smugglers In New York May Be Getting Off With Zero Prison Time
(DBN)

Serial p---er
(DBN)

America's Most Famous Undocumented Immigrant Is Stuck At The Border
(DBN)

Cops, Courts, And Doughnuts
(DBN)

Couple Caught Having S-- On Chipotle Restaurant Roof
(DBN)

Woman's body found in suitcase on Philly street
(DBN)

5 Major Things We Know About 'Breaking Bad' Spinoff 'Better Call Saul'
(DBN)

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Judges:

9th Cir.: Unnamed Bankruptcy Judge Shows No Signs Of Dementia
(DBN)

Your Money's No Good Here - Bankruptcy Court Goes "Cashless"
(DBN)

Harry Reid: Judge Judy Would Throw Out Boehner's Lawsuit In 'Half A Second'
(DBN)

Lawyer sued by Judge Judy over TV ads says stations urged him to participate
(DBN)

Are Federal Judges Out Of Control?
(DBN)

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Wall Street:

Futures await Yellen, Goldman, retail sales
(DBN)

Dow closes above 17000
(DBN)

Investors Fear Worse Yet to Come
(DBN)

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Layoffs:

American Construction Workers Have Vanished
(DBN)

5 Things To Do When You Can't Find A Job
(DBN)

Massive Job Cuts Are Reportedly Coming For Microsoft Employees
(DBN)

USAF: 3,459 positions to be cut
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Politics:

Progressives turn from Obama to embrace Warren
(DBN)

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Autos:

Feds building criminal fraud case against GM --- Prosecutors To Use Toyota As A Model
(DBN)

Why GM's Ignition Defects Couldn't Have Happened To Anyone Else
(DBN)

____________

Retailing:

Your Closed Coldwater Creek Will Become…
(DBN)

Wal-Mart Refuses To Match Its Own Online Prices
(DBN)

____________

Television:

Astros, Rockets want court order they say will aid talks with prospective CSN Houston buyer --- Houston Teams Want Potential Buyers for Sports Channel Kept Secret
(DBN)

Progress possible as CSNH talks enter new phase
(DBN)

____________

Glass:

Anchor Hocking union workers reject company's plan to restructure contract
(DBN)

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Healthcare:

What's the plan for Specialty Hospitals of Washington post-bankruptcy?
(DBN)

Holyoke Geriatric Authority bid for bankruptcy protection rejected by court: Mayor Alex Morse
(DBN)

____________

Mass Torts:

Bankruptcy judge affirms $100 million settlement with New England Compounding Center
(DBN)

____________

Economy:

$83,000 Is The New $75,000 Happiness Benchmark For Annual Income
(DBN)

Americans are spending more money this summer, but not on fun stuff
(DBN)

Small Business Loan Approvals Increase
(DBN)

Janet Yellen Gives Her Clearest Comments Ever About How She Missed The Crisis And How She Sees The World
(DBN)

Crumbling roadways add costs to US Economy, White House says --- America's Infrastructure Is Becoming A Disaster --- Memo to Congress: Please don’t scuttle the recovery. Thanks --- Obama Backs GOP Highway Plan
(DBN)

WTO rules against US import tariffs on China steel, solar panels
(DBN)

US Corporations New "Exceptionalism" - Skipping Taxes --- Race to Cut Taxes Fuels Urge to Merge
(DBN)

CNBC's Liesman to Santelli: "It is impossible for you to have been more wrong"
(DBN)

Poll: US Reputation for Freedom in Major Decline
(DBN)

Not Dreaming: Gov't Really Is Worse Than Ever
(DBN)

Cheney: Forget Food Stamps and Highways. Spend More on Military
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Housing Tracker Existing Home Inventory up 13.1% YoY on July 14th
(DBN)

What's Missing in Citigroup's $7 Billion RMBS Deal
(DBN)

Fledgling suburb bankrolled by CalPERS recovers along with real estate market
(DBN)

Unicorp buys Colony assets at auction
(DBN)

____________

Municipalities:

Stage set for trial on city's exit plan
(DBN)

Detroit bankruptcy judge opens court to critics --- Rhodes hears from individual objectors to Orr's plan today
(DBN)

Detroit bankruptcy vote to be revealed next week
(DBN)

"Detroit Homecoming" reaches out to big Detroit names to return home
(DBN)

Judge Rhodes chides Detroit lawyers --- Detroit must pay $10K to retrieve secret documents, judge says
(DBN)

Attorneys discuss status of Detroit bankruptcy case during court hearing
(DBN)

Fitch: Few Surprises for Bondholders in Detroit LTGO Settlement
(DBN)

Hedge funds bet $745 million on Kilpatrick debt in Detroit's bankruptcy
(DBN)

Atlantic City Needs To Find Another Way To Make Money
(DBN)

Atlantic City's woes mount as Trump Plaza plans to close --- 1,000 Jobs Lost
(DBN)

As Casinos Start to Fall, Atlantic City Struggles to Rise
(DBN)

Atlantic City casino revenue, minus closure, rises
(DBN)

Atlantic City casino shake-out could be devastating to troubled city
(DBN)

Puerto Rico Utility May Default on January Interest Payment
(DBN)

The Most Financially Healthy US States
(DBN)

The California Budget Surplus
(DBN)

____________

Student Debt:

First State Sues Over Student Loan Fraud
(DBN)

Illinois AG sues over claimed student-loan debt-settlement ‘scams’
(DBN)

____________

Bankruptcy Crimes:

Corona bank fraud figure hit with new indictment
(DBN)

____________

Aviation:

Three US Airlines Will Still Fly You On A Competitor If There's A Snafu
(DBN)

Boeing to Squeeze 200 Passengers into 737
(DBN)

New Style of Airbus Seats: Saddle Up
(DBN)

____________

Food/Beverage:

President Of Carvel Predicts That Frozen Yogurt Chains Will Be The Next To Fall
(DBN)

How I plan to save Crumbs: Investor
(DBN)

Crumbs investors would run stores as franchises
(DBN)

____________

Currency:

Could a Bitcoin Exchange Constitute a “Stockbroker”?
(DBN)

BitOcean is latest contender for Mt. Gox assets
(DBN)

____________

Student Debt:

Many over 50 still pay student loans
(DBN)

____________

Agriculture:

Audit Finds Failed Sugar Mill Cost Taxpayers $71M
(DBN)

____________

Personal Finance:

Times Spending More Will Save You Money
(DBN)

____________

Celebs:

'Octomom' gets community service for welfare fraud
(DBN)

____________

Debt Collection:

US consumer bureau sues debt-collection law firm
(DBN)

____________

Shipping:

Windsor Petroleum Transport Corporation And Several Affiliates Announce Restructuring --- Windsor files Chapter 11
(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 (30 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (10 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:

NV Ch. 11 Filings Continue Decline
(DBN)

Biz bankruptcies fall by 15 percent in NJ
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

______________

Secured Debt:

Fifth Circuit Affirms Section 506(b) Reasonableness Standard Applies to Oversecured Lender's Legal Fees in Non-judicial Foreclosure Sale
(DBN)

____________

Jurisdiction:

Supreme Court Clears-Up Pretty Big Procedural Uncertainty For Bankruptcy Courts
(DBN)

____________

Mining:

Boart Longyear Holds Talks With Restructuring Specialists
(DBN)

____________

Agriculture:

Audit Finds Failed Sugar Mill Cost Taxpayers $71M
(DBN)

____________

Gambling:

Donald Trump says to expect more casino closings
(DBN)

The grim warning for the gambling industry in Atlantic City's implosion
(DBN)

____________

Fraud:

Rothstein Ponzi 'feeder' charged with fraud
(DBN)

June 2014 Ponzi Scheme Roundup
(DBN)

Judge Set To Eventually Rule On TD Bank Sanctions
(DBN)

____________

Telecoms:

LightSquared, Ergen Reach Deal on Bankruptcy Plan --- Settlement deal
(DBN)

____________

Infrastructure:

Which states have the worst roads in America --- WH details state-by-state impact of highway fund insolvency
(DBN)

Fix Infrastructure Now, or Apologize for It Forever
(DBN)

____________

Accounting:

PwC hits out at "baseless" lawsuit
(DBN)

____________

Sovereigns:

Argentine debt holdout urges talks, says deal still possible
(DBN)

Argentina to Avoid Potential July 30 Bond Default, Blejer Says
(DBN)

____________

UK:

BIS Chief Fears the New Worldwide Debt Surge
(DBN)

UK Inflation Accelerates More Than Forecast to 1.9%
(DBN)

HMRC loses Rangers employee benefit trust appeal
(DBN)

____________

EU:

ECB's Draghi says appreciated euro a risk to recovery
(DBN)

____________

PIIGS:

Spain: Legal Reform On Bankruptcy Proceedings
(DBN)

Ex Gowex CEO could face over ten years in prison for account fraud --- Judge sets bail for shamed ex-boss of Spanish wifi firm --- Spain's Gowex files for bankruptcy, ex-CEO could face 10 years in jail --- Gowex Chief Orchestrated Sham Hiding Lies in Plain Sight
(DBN)

Portugal's Espírito Santo accelerates boardroom changes amid turmoil --- Portugal hopes new boss at BES marks fresh start for troubled bank --- Portugal Telecom Faces Espýrito Santo Default
(DBN)

ie: Just over 100 insolvency deals done in three months --- Insolvency service branded failure over 'pathetic figures' --- Insolvency Service reports 50% rise in bankruptcy applications --- Insolvency service ‘not fit for purpose’ --- Waterford developer freed from debts in New York --- Duff & Phelps acquires insolvency division --- Details of Dunne's family law cases to stay secret after court agreement
(DBN)

UniCredit CEO says banks agree on Alitalia debt restructuring
(DBN)

____________

Germany:

Karstadt may close around 20 stores to stem losses
(DBN)

____________

Ukraine:

Citigroup Lost $100 Million Because Ukraine Didn't Blow Up Enough
(DBN)

____________

MENA:

Israel Accepts Egypt Ceasefire Plan to End Gaza Fighting
(DBN)

____________

Mexico:

Alfa: Profile of a Turnaround
(DBN)

____________

Czech Republic:

NWR Rises as More Bondholders Accept Restructuring Plan
(DBN)

____________

 

 

 

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