July 24, 2014

The Daily Bankruptcy News

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Law:

Akerman Adds Bankruptcy Partner in Chicago
(DBN)

Feds and 15 states announce suits against law firms, attorneys and others over mortgage-relief work
(DBN)

Women and Minorities Who Push Diversity Get Negative Reviews
(DBN)

Dewey & Leboeuf: Connecting More Dots
(DBN)

How Bad Is Life In A Law Firm? A Sitcom Tries To Answer That Question
(DBN)

The Attorneys’ Psychologist (Part 2)
(DBN)

Lawyers who rejected $9.5M attorney fee will get $21.8M
(DBN)

UK: Pace of law firm recovery slows in first half
(DBN)

Which Law Schools Received the Most Applications For Fall 2013?
(DBN)

6 clues that you are about to be fired
(DBN)

LinkedIn May Not Be The Coolest Social Network, But It's Only Becoming More Valuable To Businesses
(DBN)

The iPhone 6 Is Coming In The Second Or Third Week Of September
(DBN)

Apple Will Have A New MacBook With Super-Sharp Screen This Fall
(DBN)

Tips For Getting Busy People To Read And Respond To Your Emails
(DBN)

Alexandra Marchuk v. Faruqi & Faruqi: Bad News For The Defendants
(DBN)

Biglaw Firm Mourns Partner Killed In MH17 Crash
(DBN)

‘Sovereign citizen’ must face charges, even if he is Crown Prince Emperor El Bey Bigbay Bagby
(DBN)

Black and white is the new orange? Sheriff buys jail jumpsuits after orange becomes 'cool'
(DBN)

Client trashes Manhattan salon over botched hairdo
(DBN)

Ghost Post? No! Never! Don’t Ever Do That…
(DBN)

Shirtless Wade McCree May Be Heading To The Supreme Court
(DBN)

McDonald's Worker Caught Selling Crack
(DBN)

75 Percent of Newark Police Stops Are Unconstitutional
(DBN)

Man charged with murder after body is found at Texas trial firm
(DBN)

Prisoner 'gouges his own eyes out' in protest at heat inside cell
(DBN)

High flying lawyer and cheerleader making leaps
(DBN)

Grandmother, grandson charged with running heroin ring
(DBN)

Inmate Who Appealed Arizona's Lethal Injection Methods Takes Nearly Two Hours To Die --- Study: Cognitive impairment, other mitigating factors present in cases of most executed inmates
(DBN)

San Diego Police Sued Over Stripper “Inspections”
(DBN)

The Secret Government Rulebook For Labeling You a Terrorist
(DBN)

Court Jails Three Journalists After Denouncing Them As Being Guided By The Devil
(DBN)

Unisom delirium blamed for lawyer’s actions in police standoff; judge tosses charges
(DBN)

Cops: Woman Crashes Into Motorcyclist After 'God Told Her' He'd Take The Wheel
(DBN)

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Judges:

Justice Ginsburg’s ‘Independence’ Was a Concern for Clinton White House
(DBN)

Judge says office revenue is 'not public money'
(DBN)

Mixed verdict in Philly ticket-fix conspiracy case: 2 judges acquitted, 4 guilty on only one count
(DBN)

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Wall Street:

US Stock Futures Trend Higher Before Earnings, Data
(DBN)

Mixed finish for US stocks
(DBN)

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Layoffs:

Dick's Sporting Goods Cuts 400 Jobs Since Americans Are Less Interested In Golf
(DBN)

Bombardier to Cut 1,600 Workers
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Corporate Reform:

BNP's Monstrous $9 Billion Fine Is Going Toward...New Office Carpets
(DBN)

Invoking Anti-Fraud Law, Louisiana Doctor Gets Rich
(DBN)

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Student Debt:

Even Pastors Are Struggling To Pay Off Their Student Loan Debt Today
(DBN)

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Electricity:

Dueling bids for regulated business put mega-bankruptcy in flux
(DBN)

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Education:

Magnolia going into court to keep 2 of its charters open
(DBN)

Some community colleges end federal direct student loans
(DBN)

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Construction:

A Reliable Construction Indicator Is Signaling Growth Through 2015
(DBN)

Claims mounting against D.C. region's largest electrical contractor
(DBN)

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Autos:

GM Seeks Broader Immunity From Suits Over Old GM Flaws
(DBN)

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Food/Beverage:

Owner of Wellington's Bella's Market closes 3 stores
(DBN)

Central Michel Richard Files for Bankruptcy Protection
(DBN)

Family of Slain Sbarro Employee Can Go After Insurance Money
(DBN)

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Retailing:

Edwin Watts Golf Shops nets court confirmation of reorganization plan
(DBN)

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Golf:

A Game of Golf? Not for Many Millennials
(DBN)

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Television:

Bankruptcy Judge returns Crane-McLane-Comcast lawsuit to state court
(DBN)

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Education:

LAUSD Probing Charter Schools, Say They're Financially Insolvent
(DBN)

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Economy:

IMF cuts US 2014 growth forecast to 1.7 percent
(DBN)

Inflation: Another "False Alarm"?
(DBN)

There Are Too Many People In The World Living On Less Than $1.25 A Day
(DBN)

The many stubborn kinds of inequality that children face growing up in the U.S.
(DBN)

Don’t think Obama has reduced inequality?
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Feds Sue Law Firms in Foreclosure Relief Scams
(DBN)

Dispute over AWC covenants going to trial
(DBN)

Housing Inventory: NAR and Housing Tracker
(DBN)

AIA: Architecture Billings Index increased in June
(DBN)

Mortgage Loans in Foreclosure Process Lowest since May 2008
(DBN)

Chicago: Owing biggest creditors $136 million, developer seeks refuge in bankruptcy
(DBN)

FL: Office condo owner files Chapter 11 to halt foreclosure auction
(DBN)

McGraw Hill Financial Receives Wells Notice From SEC Regarding S&P's Rating Of Six Commercial Mortgage Backed Securities Transactions In 2011
(DBN)

Murder-suicide does not have to be disclosed to home buyer, state supreme court says
(DBN)

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Municipalities:

Painful Progress in Detroit
(DBN)

They voted, now what? Looking forward to the bankruptcy trial
(DBN)

Detroit bankruptcy expert: City's top priorities are improved information systems, highly skilled employees
(DBN)

Bond Insurers: Fight Against Detroit Bankruptcy Plan to Continue
(DBN)

Crowdfunding campaign seeks to help Detroit residents pay water bills
(DBN)

Why Coleman Young was not the cause of Detroit's bankruptcy
(DBN)

Creditor: Detroit pensioners may pay 'consequences' of Kilpatrick deal
(DBN)

Film charts Detroit's 'slow motion catastrophe'
(DBN)

How Detroit's Grand Bargain leaves out little guys with lawsuits
(DBN)

Welcome to Dysfunction Junction
(DBN)

Bankrupt Detroit set for $650m building boom
(DBN)

What cities can learn from Detroit’s bankruptcy
(DBN)

Water Shutoffs: Detroit's Katrina?
(DBN)

S&P puts negative outlook on Illinois credit rating
(DBN)

Atlantic City's Credit Rating Cut Two Steps to Junk by Moody's
(DBN)

NYC 'Least Happy' City in America --- The 10 Unhappiest Cities in America
(DBN)

Christie Says NJ Must Cut Retiree Benefits Or Face Bankruptcy
(DBN)

Bell ex-mayor, convicted in scandal, filled with 'shame' and 'remorse'
(DBN)

Once teetering toward insolvency, North Las Vegas has a new executive who’s prepared for tough decisions
(DBN)

Desert Hot Springs financial director Amy Aguer steps down
(DBN)

Texas governor's startup fund is not all it seems
(DBN)

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Autos:

GM Recalls Continue as Newer Model Camaros, Cadillacs Flagged
(DBN)

GM to estimate settlements
(DBN)

Will General Motors Be Charged With Crimes?
(DBN)

Creditors OK Fisker liquidation plan
(DBN)

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Aviation:

Three Ways Malaysia Airlines Can Deal With Its Uncertain Future --- Will Double Disasters Put Malaysia Airlines Out of Business?
(DBN)

After Two Disasters, Can Malaysia Airlines Still Attract Passengers?
(DBN)

Malaysia Prepares to Prosecute Those Responsible for Downing Flight 17
(DBN)

Facing Bankruptcy, Cyprus Airways officially up for sale
(DBN)

Air Algerie Flight Reported Missing
(DBN)

America's Own MH17
(DBN)

Family Asked To Leave Southwest Flight After Tweet
(DBN)

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Currency:

Mt. Gox Trustee Will Consider Returning Bitcoin Unconverted
(DBN)

Mt Gox creditors want payouts in Bitcoins
(DBN)

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Fraud:

Ex-Jefferies Executive Litvak Gets Two Years for TARP Fraud
(DBN)

Feds, Bankruptcy Settle Battle Over Rothstein Assets
(DBN)

Florida lawsuit calls Digital Domain “de facto Ponzi scheme” --- Florida Sues Former Digital Domain Executives
(DBN)

AgFeed disclosure statement hearing set for Aug. 21
(DBN)

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Mass Torts:

Quebec Police Seizes Lac-Megantic Lead Locomotive Being Auctioned
(DBN)

Asbestos Claimants Fire Back As Charlotte Bankruptcy Case Draws National Attention
(DBN)

Transparency Still Needed to Resolve Asbestos Claims on the Merits
(DBN)

Bankruptcy Court Schedules Hearing on Motion to Reopen Estimation Proceedings in Garlock Asbestos Proceedings
(DBN)

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Gambling:

Will two Atlantic City casinos get a reprieve?
(DBN)

Mayor: 6 potential buyers for Revel casino --- Atlantic City mayor confident Revel will find buyer
(DBN)

Moody's cuts Atlantic City's bond rating to junk
(DBN)

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Healthcare:

NY: Upscale retirement home files for bankruptcy
(DBN)

M-Modal expects to emerge from bankruptcy in coming weeks
(DBN)

Fitch Maintains Rating Watch Evolving on Citrus Memorial Hospital's Bonds
(DBN)

Indiana CCRC Leans on New Fee Model After Chapter 11 Bankruptcy Filing
(DBN)

Did the Supreme Court already tip its hand on Obamacare subsidies?
(DBN)

Why Other Nations Spend Less on Healthcare
(DBN)

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Personal Finance:

11 Tips For Saving Money At Starbucks
(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 (18 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (7 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:

The Deal Announces Results Of Q2 2014 Bankruptcy League Tables
(DBN)

Mid-Year Chapter 11 Bankruptcy Update: From One Extreme To The Other
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

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Claim Allowance:

Court Rules That Creditors May Assert Full Amount of Claim Despite Partial Recovery From Third Parties
(DBN)

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Discharge:

Indecent Disclosure: How the Failure to Disclose a Third-Party Release Led to Its Undoing
(DBN)

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Injunctions:

Justice Story, Bankruptcy Injunctions, and the Anti-Injunction Act of 1793
(DBN)

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Trustees:

CD IL Looking For Ch. 7 Trustees
(DBN)

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Cross-Border:

Essar restructures finances; gets cash infusion
(DBN)

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Recent Pleadings:

 

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Litigation:

Advisen Releases 2014 First Half Corporate and Securities Litigation Report
(DBN)

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TBTF:

Barney Frank Challenges GOP’s ‘Too Big to Fail’ Arguments
(DBN)

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Celebs:

Judge 'Gives Girls Gone Wild' Founder $US5,000 Daily Fine Until He Returns Luxury Cars
(DBN)

Casey Anthony 3 Years Later Working As Live In Maid For Former Attorney May Be Facing New Legal Troubles For Bankruptcy Disclosures
(DBN)

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Brokers:

Brokers Bankruptcy Filings Keep Them In Business And Investors Potentially In Peril
(DBN)

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Sovereigns:

U.S. Supreme Court’s Ruling on Argentine Debt Has Worldwide Implications For Foreign Investment And Debt Restructuring
(DBN)

Argentina: RUFO Clause Should Not Impede Settlement
(DBN)

Argentina delays debt negotiations further: 6 days to default
(DBN)

Argentina Debt Default: The Real Cost
(DBN)

Argentina: Possible Default Won't Collapse Economy
(DBN)

Argentina debt mediator postpones start of New York talks - Argentine delegation "could not get here in time"
(DBN)

Bond Holders Shockingly Expect to Be Repaid
(DBN)

And if Argentina defaults. What then?
(DBN)

In defiant speech CFK openly brushes aside any default "because Argentina has paid" --- Argentine president says debt stance not made on a whim --- Argentina Won't Sign Deal That Endangers Future, Fernandez Says
(DBN)

____________

UK:

Q1 Scottish corporate insolvencies up 36% on last year --- Fewer individuals in Scotland facing insolvency
(DBN)

Move to get ‘benign bankruptcy’ in UK irrelevant, Supreme Court told
(DBN)

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EU:

Stalled recovery leaves Europe defenseless against economic shock from Russia --- The Eurozone Economy Had A Much Better July Than Expected
(DBN)

Could another banking crisis happen in Europe?
(DBN)

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PIIGS:

Spanish Guarantees in Rem: Heading towards Cram Down? --- Spain’s Gowex scandal raises ghost of a German defeat
(DBN)

EU clears National Bank of Greece's restructuring plan
(DBN)

The Former CEO Of Troubled Banco Espirito Santo Has Been Detained
(DBN)

US judge directs Gayle Killilea Dunne, Nama to resolve dispute --- US ruling on Drumm's bankruptcy is imminent
(DBN)

____________

Canada:

Essar Steel Algoma staves off third round of bankruptcy protection
(DBN)

___________

France:

Sick Man of Europe: France May Turn to Fascism
(DBN)

____________

Ukraine:

Tragedy Fails to Quiet Ukraine --- The Dutch Could Punish Putin All By Themselves --- Why The EU Still Won't Approve Tough Sanctions On Russia --- U.S.-Germany Tensions Sway EU Sanctions on Russia --- German Officials Say The EU Will Hit Putin With Biting Sanctions --- Ukraine Rebel: 'It Was Awful. That Was When I Realized It Was A Civilian Plane'
(DBN)

____________

MENA:

ISIS to Shopkeepers: Mannequins Must Wear Veils
(DBN)

FAA ban marks Israeli setback, Hamas 'victory' --- EU Airlines Suspend More Israel Flights --- Kerry meets with Netanyahu amid Israeli anger over ban on U.S. flights --- FAA Lifts Ban On Flights To Israel
(DBN)

____________

Russia:

Yukos investors await ruling in $100bn claim against Russia --- Countdown Begins for Ruling in $114 Billion Yukos Case
(DBN)

Restructuring debts of Russia's Mechel better than bankruptcy - Putin aide
(DBN)

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China:

Chinese Manufacturing Beats Expectations, Surges To 18-Month High
(DBN)

China's Financial Markets Will Explode To $53.6 Trillion By 2030
(DBN)

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