June 16, 2014

The Daily Bankruptcy News

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Law:

Dewey Prosecutors: Former Client Manager Zachary Warren Was Key To Fraud Scheme
(DBN)

Dewey & LeBoeuf Former Employees Could Get Back Pay/Benefits, Violation of WARN Act
(DBN)

Business of Law
(DBN)

Fees Are Off the Table After Firm's Bankruptcy
(DBN)

In N.Y. Lateral Talks, Pa. Law Firms Selling Size, Cost-Benefit
(DBN)

A Tale of 2 Associates: How polish and attention to detail can win the motion
(DBN)

Solos: Think/Act Like Entrepreneurs, Not Lawyers
(DBN)

UK: The end of the legal market as we know it is nigh
(DBN)

Grit And A Growth Mindset
(DBN)

Everything You Need To Know About The iPhone 6
(DBN)

Five Things To Do This Summer (Before Law School)
(DBN)

Guess What This Law School Is Doing To Attract More Students?
(DBN)

Jocelyn Benson Named Dean at Wayne State, Youngest Woman Dean in American Law School History
(DBN)

Book Review: The Good Lawyer: Seeking Quality in the Practice of Law
(DBN)

Substance abuse counselor gets 55 years to life after driving with dying man on windshield --- Only Drunks Understand What Went Down
(DBN)

Dumb Jurors Get Man Stabbed To Death
(DBN)

Thieving lawyer's defense: "Wife “had become accustomed to a lavish lifestyle"
(DBN)

Appeals Court Says Using Open WiFi May Be A Crime
(DBN)

Workers Forced To Tell Bosses ‘I Love You’ To Honor Onionhead God, Says EEOC
(DBN)

This Lawyer Quit His Job, Moved To China, And Started A Wildly Successful S-- Toy Business
(DBN)

Robot doctors, online lawyers and automated architects: the future of the professions?
(DBN)

OJ Simpson Trial: Where Are They Now?
(DBN)

Police: 450-Pound Florida Man Had Marijuana Stashed In His . . .
(DBN)

It's Becoming Increasingly Likely Nigeria's Kidnapped Girls Will Never Come Home
(DBN)

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Judges:

With the Dogs Out, the Supreme Court Turns to Blockbuster Finale --- Supreme Court to decide 17 more cases --- Key decisions loom
(DBN)

Hillary Clinton Goes to Costco, Runs Into Sonia Sotomayor
(DBN)

How to Take Out a Supreme Court Justice
(DBN)

Many Americans View High Court Decision Making With Some Skepticism
(DBN)

The Outside Game of Justice Scalia
(DBN)

Judges shouldn’t be rubber stamps
(DBN)

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Wall Street:

Wall Street to mull events in Iraq, Ukraine

Stocks Are Falling
(DBN)

Markets Are Slipping Again...
(DBN)

Friday: US stocks edge higher amid Iraq worry
(DBN)

The Fed could inadvertently jolt markets this week
(DBN)

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Layoffs:

New Data Answers Whether 20-Somethings Should Take Jobs They Are Overqualified For
(DBN)

Pay raises going mostly to select industries
(DBN)

Laid off New Century driver files suit over lack of notice --- New Century pays drivers, employees as operations winds down --- Trucking firms seek to hire laid-off drivers
(DBN)

Almost 200 lose jobs as Chicago window maker closes
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Corporate Reform:

France Sees Fairer BNP Settlement as U.S. Talks Progress
(DBN)

US seeks $10bn from Citi
(DBN)

____________

Healthcare:

Charlestown hospital works toward financial viability
(DBN)

Fairmont General to proceed with sale to Alecto
(DBN)

Whitehouse, Warren Introduce Measure to Help Families Struggling with Medical Debt
(DBN)

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Personal Finance:

4 Surprisingly Easy Ways To Build Wealth
(DBN)

Resetting Your Family After the Recession
(DBN)

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Autos:

GM Says It Has a Shield From Some Liability
(DBN)

GM accused of hiding from reopened lawsuit
(DBN)

Now States Are Lining Up to Take on GM
(DBN)

Rattner says he saw ' GM nod' and ' GM salute' during rescue
(DBN)

GM Recalls Nearly 600000 More Vehicles
(DBN)

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Food/Beverage:

New Orleans Chef's Businesses Cook up Bankruptcy Filing --- NOLA: Bankrupt Stella chef Scott Boswell: 'We can no longer be in the luxury food business' --- Chef Scott Boswell's businesses, including Stanley, file for bankruptcy
(DBN)

Owner Of Progreso Produce Charged With Multiple Counts Of Fraud
(DBN)

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Fraud:

Rothstein Law Firm Pleads Guilty to Criminal Conspiracy Charge
(DBN)

TelexFree co-owner finds refuge in Brazil
(DBN)

Ex-Goldman Director Gupta's Last Days of Freedom
(DBN)

____________

Mass Torts:

Bankruptcy judge allows most of Freedom’s fees and expenses
(DBN)

Water company calls Freedom spills ‘completely unacceptable’
(DBN)

____________

Trucking:

Prospect: Portfolio Debtor Files For Bankruptcy, Meet New Century Transportation
(DBN)

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Oil/Gas:

July hearing set for Kenai Loop gas payments
(DBN)

____________

Publishing:

Dolan Co. plan goes effective as brouhaha among equity heats up
(DBN)

____________

Electricity:

Southern co-op’s bankruptcy plan appears headed toward approval
(DBN)

____________

Retailing:

Why RadioShack Needs to File for Bankruptcy Protection Now
(DBN)

Retail Sales Increase Slightly in May Economists are predicting growth in the GDP and consumer spending this year as the economy continues to rebound
(DBN)

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Corporate Governance:

The Series LLC And The Plight Of Unsecured Creditors
(DBN)

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Economy:

Wholesale Prices in U.S. Unexpectedly Decreased in May
(DBN)

Policy Makers Wrestle Over How Fast Economy Can Grow in the Long Term
(DBN)

FOMC Preview: More Tapering
(DBN)

The Nation's Economy, This Side of the Recession
(DBN)

Record number of Americans draining retirement accounts
(DBN)

Income gap widens as American factories shut down
(DBN)

A Cantor Effect for Businesses and the G.O.P.
(DBN)

Stocks are booming, but not the economy
(DBN)

Everything is not terrible
(DBN)

8 Myths About The Super Rich
(DBN)

The Millennials: A Generation Of Savers?
(DBN)

How the Collapse of Iraq Would Affect America
(DBN)

Wall Street Excesses Still Pose Greatest Risk
(DBN)

David Brat’s victory is part of broader rise of religion in economics
(DBN)

Cost of insuring against bank defaults back at pre-crisis levels
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Citigroup, BofA Said to Face US Lawsuits as Talks Stall
(DBN)

Goldman Wins Dismissal of $450 Million Mortgage-Bond Suit
(DBN)

A Second Chance to Help Families Save Their Homes
(DBN)

Mortgage Rates Continue to Climb
(DBN)

Foreclosure Law Firm Facing Eviction From Office: Karma?
(DBN)

Conservatives are from McMansions, liberals are from the city
(DBN)

How Student Loan Debt Is Holding Back First-Time Homebuyers
(DBN)

As the Foreclosure Crisis Ebbs, Cleveland Picks Up the Pieces
(DBN)

Texas Homeowners Intentionally Burned Their $700,000 Villa That Was Hanging Off A Cliff
(DBN)

Bankruptcy proceedings end for 6 Gouletas ventures
(DBN)

IA: Developer Kline files for bankruptcy from prison
(DBN)

Sears Methodist Retirement System files for bankruptcy
(DBN)

Deconstructing the Channelside chaos
(DBN)

US: 10 Fastest Moving Housing Markets
(DBN)

____________

Municipalities:

Bankruptcy Court Declines to Force Municipality into Mediation of Dispute Unrelated to Chapter 9
(DBN)

Detroit bankruptcy deal would limit pension cuts
(DBN)

Savings cuts may be wild card in Detroit bankruptcy vote
(DBN)

New York appraisers to evaluate entire DIA collection
(DBN)

Foundations in grand bargain ask judge to quash subpoenas --- Lawyer accuses Detroit creditor of harassing foundations
(DBN)

Detroit reaches more bankruptcy deals with creditors --- Reaches Deal With Bondholders --- Detroit reaches bankruptcy deal with largest union, some bondholders --- Detroit bond holder deal brings bankruptcy resolution closer
(DBN)

Gov. Rick Snyder could be the country’s most unusual Republican. Can he save Detroit?
(DBN)

Detroit fights blight by selling off vacant homes
(DBN)

Is Detroit becoming a Chinese city?
(DBN)

White House's Detroit liaison taking new job
(DBN)

Orr to stay into October? Says he would if bankruptcy case not closed
(DBN)

Shinola Shines On In Detroit, Moves Past Local Criticism
(DBN)w

Chicago Is Facing Financial Calamity — And Rahm Emanuel May Not Be Able To Save It
(DBN)

Leaving distress behind: Bill would hasten exit from Act 47 program
(DBN)

Pension Funds, Dancing a Two-Step With Ratings Firms
(DBN)

Be Afraid, Be Very Afraid: The "Nuclear Solution" to Underfunded Public Pensions
(DBN)

Pittsburgh Rebirth Tainted as Pension Fuels Deficit --- What Pittsburghers need to know about the Act 47 plan
(DBN)

Puerto Rico Scrambles to Plug Budget Hole as Unions Flex Their Muscles
(DBN)

Nonprofits still cautious on pension bankruptcy
(DBN)

States with the 5 Worst Economies
(DBN)

The bonds holding American cities together may be in trouble
(DBN)

____________

Compensation:

The Reason CEO Pay Is So High Right Now Has Little To Do With Greed
(DBN)

____________

Student Debt:

Paycheck Garnishes For Student Loans Jump
(DBN)

Student debt weighing on young Americans' net worth
(DBN)

Why the private sector is so afraid of student debt
(DBN)

Finding Shock Absorbers for Student Debt
(DBN)

A Republican from Wisconsin Has the Best Plan for Fixing Our Student Debt Crisis --- Escaping the Student-Debt Trap
(DBN)

High Cost to Focusing on Student Loans Over Saving
(DBN)

____________

Funeral Services:

Defunct funeral home sued by families
(DBN)

____________

Chemicals:

US Trustee says Momentive disclosure statement lacks information
(DBN)

____________

Religion:

Lutheran church once tied to voucher program declares bankruptcy
(DBN)

____________

Gambling:

Argosy seeks court order to remain open
(DBN)

____________

Video Games:

38 Studios: Carcieri among 30 depositions scheduled
(DBN)

____________

Education:

Shuttered Center for Digital Imaging Arts maintained close ties with Boston University
(DBN)

____________

Tax:

Another Huge Merger Will Result In American Company Moving Headquarters To Ireland
(DBN)

____________

Currency:

The Man Allegedly Responsible For The Fall Of MtGox Is Tweeting Again
(DBN)

____________

Banking:

Unofficial Problem Bank list declines to 494 Institutions
(DBN)

____________

Shipping:

Overseas Shipholding Group outlines issue price on exit loans
(DBN)

____________

New Bankruptcy Opinions
(1 new opinion today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Chapter 7, 12 & 13 Private Trustee Locator
(DBN)

Recent Ch. 11 Filings (24 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)

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Discharge:

Daycare Owners Can't Escape Possible Abuse Damages in Bankruptcy
(DBN)

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Miscellaneous:

The Week Ahead
(DBN)

The prevalence and utility of 'roadmap' decisions in bankruptcy mega-cases
(DBN)

____________

Secured Debt:

Equity Begets Flexibility: Valuing a Secured Creditor's Claim in Bankruptcy and Allocating Post-Petition Interest
(DBN)

____________

Cross-Border:

Comity and drama: current trends in cross-border insolvencies
(DBN)

____________

Sales:

Bankruptcy Sale: No Stay Pending Appeal, Then No Appeal?
(DBN)

____________

Jurisdiction:

Supreme Court's Decision in Bellingham Leaves Key Stern v Marshall Questions Unanswered
(DBN)

Supreme Court Confirms Bankruptcy Court Authority to Issue Reports and Recommendations On Core Matters
(DBN)

____________

Preclusion:

Collateral Estoppel's "Valid Judgment" Requirement, and What that Means for Bankruptcy Practitioners in the Third Circuit
(DBN)

____________

Safe Harbors:

Seventh Circuit Reads Bankruptcy Safe Harbor Broadly
(DBN)

____________

Avoidance Actions:

Ruling Explains and Extends Application of Good Faith Defense to Fraudulent Transfer Actions in SIPA Context
(DBN)

Defending Preference and Claw-Back Actions in the Wake of the Supreme Court’s Bellingham Decision
(DBN)

____________

IP:

Eighth Circuit reconsiders trademark licenses in bankruptcy
(DBN)

____________

Aviation:

Bankruptcy trustee strikes deal with two more Myrtle Beach-based Direct Air founders
(DBN)

Alitalia board votes to accept Etihad offer, rapidly do deal: CEO
(DBN)

____________

Prisons:

Temporary receiver appointed for insolvent jail
(DBN)

____________

Politics:

What if your cell phone buzzed every time someone gave your congressman a ton of money?
(DBN)

____________

Celebs:

The Broke and the Beautiful: Stella! Edition
(DBN)

Lawyer's wedding to George Clooney could be off
(DBN)

Radio legend Casey Kasem dies at 82
(DBN)

How Fox News Anchor Megyn Kelly Landed Her First TV Job After 10 Years As A Lawyer
(DBN)

____________

Coal:

Bankruptcy court OKs James River Coal bonuses
(DBN)

____________

Hotels:

Riverside: New legal fight over downtown hotel
(DBN)

____________

Bankruptcy Crimes:

Nicholasville woman pleads guilty to federal bankruptcy charges
(DBN)

____________

Sovereigns:

Sovereign Debt Rules in Play With Argentina at Court: Q&A
(DBN)

____________

UK:

Review of pre-packaged administrations backs voluntary scrutiny
(DBN)

Comet collapse sparks fresh calls for urgent review of debt laws
(DBN)

____________

EU:

Europe faces the horrors of its own house of debt
(DBN)

____________

PIIGS:

Where Is Greece's IMF Apology?
(DBN)

Divorce not on cards for Sean Dunne and Gayle Killilea --- Dunne divorce 'curveball' stirs the interest of chattering class --- Gayle holds tight to her $6000 Chanel bag
(DBN)

____________

Australia:

Low insolvency rates signal calm before the storm for SMEs
(DBN)

____________

MENA:

Militant Group Taking Over Iraq Is Bragging Of The Mass Execution Of 1,700 People --- The Blueprint For The Islamic State Being Established In Iraq And Syria --- Iraq's Long Unraveling --- Iraq Nears a Tipping Point --- Iraq Militants Claim Soldier Massacre; U.S., Iran Near Talks
(DBN)

____________

Brazil:

Brazil court approves restructuring of Batista's Oleo e Gas
(DBN)

____________

Ukraine:

Ukraine crisis: Kiev faces halt of Russian gas supplies --- Russia vows to cut off gas supply to Ukraine after deadline passes --- Imperils Supplies To Europe
(DBN)

____________

South Africa:

South Africa’s Credit Rating Cut to One Level Above Junk by S&P
(DBN)

____________

MENA:

Abu Dhabi's Al Jaber Group signs debt restructuring
(DBN)

____________

 

 

 

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