July 22, 2014

The Daily Bankruptcy News

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Law:

Bracewell & Giuliani Adds Oil & Gas Workout Partner
(DBN)

Sea Change in GC Role Requires New Competencies
(DBN)

JD Class of '14, Jobless Former Associates, Booted Partners - Is Job Hunting in NY, San Jose or Even Bridgeport, CT the Problem?
(DBN)

UK: partner revenues reach new heights as market swings back into action
(DBN)

DLA Piper terminated highest number of equity partners in the UK
(DBN)

Diamond McCarthy files clawback suit against firm’s own ex-partner, over $1.4M Dreier trustee fee
(DBN)

Whither Change?
(DBN)

What Should Junior Biglaw Associates Spend On Engagement Rings?
(DBN)

Litigation funding: a driver for law firm growth?
(DBN)

Corporate life is as stressful as BigLaw
(DBN)

Law School Enrollment Slump Continues
(DBN)

God Told Her That YOU Should Pay For Her Law Degree
(DBN)

A Prominent Law Professor Is Shot At Home And Killed --- Legal Academic World Shaken by Shooting Death of FSU Professor --- Professor Dan Markel: Some Personal Recollections
(DBN)

Overcoming The Presumption Of Incompetence
(DBN)

A law firm cashes in on the management of data --- Winston & Strawn finds e-discovery a lucrative market niche; 400 lawyers vied for 10 recent openings
(DBN)

Merit will out? Are accountants better at partners than lawyers?
(DBN)

The IPO Market About to Go Crazy
(DBN)

Lawyer’s Crowning Achievement Comes From Focus On Posture, Not Posturing
(DBN)

9 Tricks For Waking Up Earlier
(DBN)

Here’s What Happens When The iPhone 6 Meets Sandpaper
(DBN)

Go Ahead, Blame Your BYOD Troubles on Millennials
(DBN)

5 Email Etiquette Rules You Might Be Breaking
(DBN)

Lawyers for Aaron Hernandez say attorney-client court chat was broadcast on Web
(DBN)

Lawyer Offers Advice To Pageant Queens, So Long As They’re Not ‘Chunkers’
(DBN)

Cops: Woman Tried To Shoplift Vibrator By Hiding Device Behind Her Child In Stroller
(DBN)

Lawyer sets fire to his own home after it was repossessed
(DBN)

Hopkins to Pay $190 Million to Settle Suit Over Accused Gynecologist
(DBN)

Ex-Wife of Fired Cop Says Police Chief Made Both of Them Join the KKK
(DBN)

Lawyer arrested for running gambling operation at law office
(DBN)

Defendant claims prosecutor tried to revoke her probation after she told his wife of their affair
(DBN)

Dad leaves twin baby girls in hot car, police find him having sex 30 feet away
(DBN)

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Judges:

Lawyer Smacks Judge Repeatedly With Flyswatter
(DBN)

Judicial Vacancies Jamming Up the System
(DBN)

Judges Describe Pitfalls of Long Vacancies
(DBN)

Judge goes easy on man in vicious Detroit beating, citing his fatherless upbringing
(DBN)

Savings produced by court budget cuts are exceeded by harmful economic effects, white paper says
(DBN)

Watch The Women Of The Supreme Court Gab About Judicial Gossip, Sex And The City Style
(DBN)

Judge Kozinski: Bring Back the Firing Squad
(DBN)

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Wall Street:

US futures rise on plane progress; earnings eyed
(DBN)

Stocks Drop While Treasuries Climb on Ukraine
(DBN)

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Layoffs:

Allergan To Cut 1,500 Jobs
(DBN)

Microsoft layoff news prompts a look at job cuts
(DBN)

White House Puts Fresh Focus on Federal Job Training Efforts
(DBN)

Here's How To Prepare For A Layoff
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Healthcare:

Massena Memorial Hospital reports net loss in June
(DBN)

Inequality in life expectancy has widened in America. But at least we’re narrowing inequality at birth.
(DBN)

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Healthcare:

Zynex names new CFO; in talks with lender
(DBN)

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Education:

Bryman College Operator Files for Chapter 11
(DBN)

The Best Colleges For Becoming A Billionaire
(DBN)

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Awards:

Alvarez & Marsal Named Global Turnaround Consulting Firm of the Year for Second Consecutive Year
(DBN)

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Pensions:

Delphi salaried retirees win battle in war for pension restoration
(DBN)

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Retailing:

Inside Dov Charney’s ouster at American Apparel
(DBN)

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Corporate Governance:

Discussion of Key Delaware Corporate and Commercial Decisions from 2014
(DBN)

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Economy:

Chicago Fed: "Index shows economic growth decelerated slightly in June"
(DBN)

Fed's Yellen Becomes a Populist
(DBN)

You Might Not Realize How Close The Fed Is To Achieving Its Goals
(DBN)

Americans’ checking accounts are filling with cash, but they’re afraid to spend it
(DBN)

Not Saving Enough? Americans Are More Worried Than a Year Ago.
(DBN)

Another Financial Crisis is Inevitable Promises the Fed Vice-Chairman
(DBN)

A quarter of the world’s most educated people live in the 100 largest cities
(DBN)

The History of Social Mobility
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Existing Home Inventory up 15.0% YoY on July 21st
(DBN)

Commercial Real Estate prices increased more than 11% year-over-year in May
(DBN)

PHH ordered to pay $16M in mortgage modification case
(DBN)

Settlement approved, Vinik takes control of Channelside
(DBN)

New York City Approves Controversial 'Poor Door' In Luxury Condo
(DBN)

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Municipalities:

Expert says Detroit debt-cutting plan 'feasible' but raises concerns --- Expert: Detroit's technology, workers threaten bankruptcy plan --- Expert: Detroit's bankruptcy plan could be 'more feasible' with key improvements --- The Report
(DBN)

Detroit workers vote for benefit-cutting bankruptcy plan --- Detroit pensioners back grand bargain --- Detroit ‘Pleased’ With Creditor Vote on Its Debt-Cut Plan
(DBN)

Detroit's turnaround is moving fast
(DBN)

Other Cities Poach Police From Detroit's Low-Wage Force
(DBN)

Snyder Says Detroit’s Bankruptcy Looms Less Large for Investors
(DBN)

Judge grants Macomb County vote on Detroit bankruptcy plan
(DBN)

Detroit suspends water shutoffs for 15 days --- Detroit to crack down on unauthorized water re-connections during 15-day pause in cutoffs
(DBN)

Distorted reality in Detroit
(DBN)

Detroit's Legacy Seen in Bondholder Security Demand
(DBN)

Mark Schauer would end Michigan's Emergency Manager system
(DBN)

Pennsylvania's Credit Rating Cut by Moody's on Budget
(DBN)

Puerto Rico seeks dismissal of US bond funds' lawsuit
(DBN)

Atlantic City Adrift as Casino Closings Sap Jobs Market --- Two casinos set to close may yet find buyers, says leader of Atlantic City union
(DBN)

Federal judge hears arguments on whether to dismiss appeal of Jeffco's bankruptcy plan --- Alabama county ratepayers say sewer bankruptcy settlement too pricey --- How did Sheila Tyson come up with a $14.7 billion figure for Jefferson County's bankruptcy?
(DBN)

American cities rise and fall; can they rise again?
(DBN)

Other cities feel sting of Detroit bankruptcy
(DBN)

Best and Worst States for a Life Well Lived
(DBN)

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Shipping:

In financial distress, Horizon Lines may look to sell Puerto Rican business
(DBN)

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Aviation:

Total liability in Flight 17 crash could climb to $1 billion --- Malaysia Airlines Privatization Likely As State-Owned Parent Seeks Greater Control: Reports --- Is Bankruptcy an Option for Malaysian Airlines?
(DBN)

The second accident in only four months could be catastrophic for Malaysia Airlines --- 'Go private or bankrupt - MAS' only options' --- Malaysia Airlines crash: Top British lawyer John Allen killed alongside his wife and three sons
(DBN)

MH17: Malaysia Airlines staff's emotional trauma after two disasters
(DBN)

Bizarre Items The TSA Confiscated From Travelers And Posted On Instagram
(DBN)

Poste Italiane puts conditions on Alitalia-Etihad deal -sources
(DBN)

The US Airports With The Cheapest Average Airfare
(DBN)

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Gambling:

Mississippi's Margaritaville casino closing
(DBN)

Suddenly, casinos look like a bad bet
(DBN)

Pain of Atlantic City casino closings far-reaching
(DBN)

Revel's potential is still attracting possible buyers
(DBN)

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Celebs:

Did Cheney Mason and Casey Anthony Commit Bankruptcy Fraud Over Book Deal?
(DBN)

Cynthia Bailey 2014 'RHOA' Bankruptcy: Husband Peter Thomas Files Chapter 11? Borrows $40 Thousand Dollars From 'Real Housewives of Atlanta' Star, Says New Report
(DBN)

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Autos:

Millikin's Still GC of GM: The Case For and Against
(DBN)

GM’s rebuke
(DBN)

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Fraud:

Fired Broward lieutenant imprisoned for five years in Rothstein case
(DBN)

Shuttered reBar owner sentenced for grand larceny, tax fraud
(DBN)

‘Sovereign citizens’ get 10 years for duping debtors with phony federal treasury scheme
(DBN)

Scott Rothstein Ponzi Scheme: A Settlement, Finally
(DBN)

____________

Apparel:

Inside The Brooklyn Factory That Makes Suits For America's Most Powerful Men
(DBN)

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Personal Finance:

Here's The Difference Between Good And Bad Debt
(DBN)

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Student Debt:

Many over 50 are still saddled with student loans
(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 (18 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (8 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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Avoidance Actions:

The Uniform Voidable Transactions Act and Conflict of Laws
(DBN)

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Professional Compensation:

Bankruptcy Court discusses lawyer's method of getting paid via postdated checks
(DBN)

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Proofs of Claim:

Eleventh Circuit Extends FDCPA to the Filing of Bankruptcy Proofs of Claim
(DBN)

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Miscellaneous:

Fitch: Weak Emerging Market Insolvency Regimes Drive Caution
(DBN)

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TBTF:

For Banks Near Cutoff, Bigger Isn't Necessarily Better
(DBN)

____________

Corporate Reform:

4 years later, Dodd-Frank is still only halfway implemented --- System still broken
(DBN)

Sen. Warren says Consumer Financial Protection Bureau is working
(DBN)

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Resorts:

Lawsuit: Former Scrub exec ‘secretly undermined’ negotiations
(DBN)

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Politics:

Long-dead Pillowtex reborn as unlikely issue in U.S. Senate race in Georgia
(DBN)

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Food/Beverage:

Herbalife Plummets --- Ackman Vows to Unveil Enron-Like Fraud
(DBN)

21 Crumbs stores have no chance of reopening
(DBN)

Crumbs Receives Approval of First Day Motions, Outlines Procedures in 363 Sale
(DBN)

____________

Tax:

Senate Report: Tax Move Helped Hedge Funds Save Billions --- The Solution To The Senate's Report On Hedge Funds Tax Dodging Billions
(DBN)

New Information Deepens the Mystery of the Missing IRS Emails --- IRS seeks help destroying another 3,200 hard drives
(DBN)

Global crackdown on offshore secret tax accounts yields €37bn
(DBN)

Do Zombies Have To Pay Taxes? ?
(DBN)

____________

Banking:

Credit Suisse reports second quarter loss --- Hit by costly US tax settlement --- Credit Suisse trims operations after loss
(DBN)

Bankruptcy trustee proposes Myrtle Beach-based Beach First bank settlement leaving little for shareholders
(DBN)

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Mass Torts:

Co. at center of spill in bankruptcy court Tuesday
(DBN)

BP Claimant, Attorneys, Ordered to Return Settlement Cash
(DBN)

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Sovereigns:

Default by default
(DBN)

New meeting with Griesa to focus on stay
(DBN)

Argentina again requests stay ruling from Judge Griesa --- Seeks Delay of Bond Rulings as Talks Proceed
(DBN)

____________

UK:

Law firms will close over cuts, warns new President
(DBN)

Selling secured assets in a UK administration
(DBN)

Rangers decision QC declares himself bankrupt
(DBN)

____________

PIIGS:

BlackRock: Greece Is Most Likely to go Bankrupt --- Over 1/4 of Greeks Indebted, Outstanding Loans Valued at EUR 67 B
(DBN)

Nama bids to ease bankruptcy fears --- Dail 'will rush to fix defect in insolvency legislation'
(DBN)

____________

Canada:

Comment Period Closes for Canadian Government Public Consultation Process on Insolvency Law Reform
(DBN)

Jacob given another month by court to restructure
(DBN)

____________

Ukraine:

Ron Paul Defends Russia After Malaysian Plane Crash --- France Defies Allies Amid MH17 Crisis --- Ukraine Rebels Hand Over Black Boxes From Downed Malaysia Passenger Jet --- Train Moves Bodies From Conflict Zone --- Why Putin Is Willing to Take Big Risks in Ukraine --- MH17 Evidence Tampered With
(DBN)

____________

Australia:

D&O down under
(DBN)

____________

China:

China's Total Debt Surges To 251% Of GDP
(DBN)

____________

Russia:

Russian Billionaires Have Lost More Than $14 Billion In 2014
(DBN)

Russian Sanctions to Hit Germany Economy
(DBN)

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