June 17, 2014

The Daily Bankruptcy News

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Law:

Legal Industry Shed 700 Jobs in May
(DBN)

New And Juicy Details Of Zachary Warren’s Alleged Role In Dewey Debacle
(DBN)

The impact of 'Generation Y' lawyers
(DBN)

Federal judge nixes receiver’s suit, says law firms aren’t ‘insurers of good behavior’ by clients
(DBN)

New Leadership for Bingham's Washington Office
(DBN)

Leaving Big Law: opportunity knocks
(DBN)

A Vacation From Solo Practice
(DBN)

The Diversity Crisis: Are Clients Easing Off?
(DBN)

Dean Ferruolo Criticizes Justice Scalia's Prescription for Law School Reform
(DBN)

Even The President Thinks Law School Is A Bad Idea
(DBN)

Seven Lessons for Litigators in 'Game of Thrones'
(DBN)

Lawprose: "while away"; "wile away"
(DBN)

Couples Include Social Media Clauses In Prenuptial Agreement
(DBN)

Abolish the Attorney-Client Privilege
(DBN)

Here's One Trick For Getting Busy People To Open Your Emails
(DBN)

Lawyers fail to protect client confidentiality
(DBN)

Attorney Suspended for Harassing Student Clerk
(DBN)

Lawyer who complained of ‘electronic torture’ by ‘illegally implanted microchips’ still practices
(DBN)

Which Awful Hit Band Did This Lawyer Leave Biglaw To Join?
(DBN)

Pistol-packing people of Walmart: Indiana man charged after gun goes off in checkout line
(DBN)

Thief Steals The Wrong Mercedes
(DBN)

Needed:‘Legal ninjas’
(DBN)

KFC Apologizes for Kicking Out a Little Girl Over Her Facial Injuries
(DBN)

Meth lab discovered in retirement community
(DBN)

Say What?!
(DBN)

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Judges:

SD NY Bankruptcy Court Wants Better Court Recording Software
(DBN)

ND TX Amends Ch. 13 No-Look Fee Rule
(DBN)

Unfinished Business For Bankruptcy, Magistrate Judges
(DBN)

Justices Divided Over 'Certiorari' Pronunciation
(DBN)

Woman accused of filing $100B liens on US attorney, chief federal judge, others faces Chicago trial
(DBN)

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Wall Street:

US Index Futures Rise Before Housing Data, Fed Meeting
(DBN)

Markets Are On The Rise...
(DBN)

Wall St ends up
(DBN)

Wall Street and A Dirty Little Secret
(DBN)

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Layoffs:

The Staggering Odds Of Getting A Job At Starbucks
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Celebs:

Supreme Court turns away Scottie Pippen's appeal in bankruptcy defamation case
(DBN)

CNET's Halsey Minor on Bankruptcy , Financial Disruption
(DBN)

Judge: JC Penney Interfered With Macy's Martha Pact
(DBN)

Sara Evans Ex-Husband -- I Only Got 25 Chickens to My Name
(DBN)

'Real Housewife' Sonja Morgan French Villa Goes Au Revoir In Bankruptcy Case
(DBN)

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Movies:

Aramid Entertainment Fund Files for Bankruptcy Over Suits
(DBN)

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Healthcare:

Senators Introduce Measure to Help Families Struggling with Medical Debt - The Medical Bankruptcy Fairness Act of 2014
(DBN)

US Healthcare Last Out of 11 Developed Nations
(DBN)

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Pensions:

Why private pensions are disappearing
(DBN)

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Oil/Gas:

PSL Units File for Bankruptcy With Plan to Sell Assets
(DBN)

Buccaneer Energy: Letter to Shareholders
(DBN)

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Corporate Reform:

Supreme Court's Recent Decision Might Time-Bar Government Litigation Against Banks
(DBN)

Does Bad Research Beat No Research? Durbin Amendment Data
(DBN)

Hedge fund to pay $2.2m fine for whistle-blower's demotion
(DBN)

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Electricity:

Co-op bankruptcy plan gets tentative approval
(DBN)

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Economy:

IMF cuts US growth outlook, says full employment years off --- Urges Boosting Minimum Wage
(DBN)

Here's Where America's Minimum Wage Earners Work
(DBN)

The Fed’s unemployment conundrum
(DBN)

Fed: Industrial Production increased 0.6% in May --- Factories Boost US Output as Builders Gain Confidence
(DBN)

Foreign holdings of U.S. debt hits new record
(DBN)

Fed tinkers with plumbing just as it turns on spigot
(DBN)

With economy hazy, Fed is unlikely to shift course
(DBN)

China Bigger Than U.S. With $14 Trillion in Company Debt
(DBN)

Real estate quagmire sinks Gen X, Y fiscal hopes
(DBN)

Federal Revenue Through May: $1.9 Trillion
(DBN)

What Have We Learned From Thomas Piketty? --- You know Piketty is onto something when everyone’s trying to prove him wrong --- Economist Puts Together Great Explainer Of Inequality And Piketty
(DBN)

NY Times: Piketty Protégé: $7.6 Trillion of World's Wealth Is Stashed in Tax Havens, Evading $200 Billion Taxes/Year
(DBN)

The Modern Economy
(DBN)

History Of Oil Prices
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

NAHB: Builder Confidence increased to 49 in June --- Home Builders' Confidence Index Posts First Gain Since December
(DBN)

Existing Home Inventory up 13.7% year-over-year on June 16th
(DBN)

Homestead's meager assets will leave investors in lurch
(DBN)

Body Found Hanging in House Likely Dead for Years
(DBN)

A partial win for homeowners suing MERS for robosigning and foreclosure fraud
(DBN)

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Municipalities:

Fitch withdraws rating on Detroit
(DBN)

Detroit council gives final OK to transfer DIA assets to trust
(DBN)

Bond insurer, charities agree to June 26 hearing to settle dispute over subpoenas, document requests in Detroit bankruptcy
(DBN)

Detroit mayor aims to revitalize crumbling housing stock with auctions and demolition program
(DBN)

Artful Courtroom Strategies: The DIA prepares for the city’s bankruptcy trial
(DBN)

Detroit Street-Light Project Lets Life Go On After Dark
(DBN)

Detroit’s Police Chief: How he’s fighting crime in the bankruptcy era
(DBN)

Revamping Act 47 | State would tighten rules on recovery act
(DBN)

Christie doesn't want N.J. to wind up like Detroit due to 'unsustainable' pensions
(DBN)

Rhode Island lawmakers approve budget; to pay for Schilling bonds
(DBN)

Companies Cash In on Tax-Credit Arms Race
(DBN)

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Religion:

Pope tells super rich, bankers to find some ethics --- Ditches bulletproof Popemobile... 'At my age I don't have much to lose'
(DBN)

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Furniture:

Mattress Source files bankruptcy , plans to close handful of stores
(DBN)

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Tax:

Medtronic Is Biggest Yet to Renounce U.S. Tax Citizenship
(DBN)

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Mass Torts:

Quebec government seeks $409 million from train company
(DBN)

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Autos:

GM hopes bankruptcy will stall ignition switch claims
(DBN)

Justice Dept. Takes Hard Look at G.M.'s Handling of Issues
(DBN)

The GM Bankruptcy Just Keeps Helping GM
(DBN)

4 Months Into GM Recall, Only 7 Pct. of Cars Fixed
(DBN)

GM recalls this year hit 20 million --- Auto Maker Now Sees Costs Related to Recalls Totaling $2 Billion
(DBN)

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Aviation:

Bankruptcy trustee for Myrtle Beach-based Direct Air seeking payment from acquisition firm
(DBN)

Company offers alternative to Rock Airport bankruptcy plan
(DBN)

Delayed landing in Atlanta blamed on controller 'joke'
(DBN)

The 10 Worst Things You Can Ask A Flight Attendant
(DBN)

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Personal Finance:

10 Ways Any Guy Can Improve How He Looks
(DBN)

The 8 Worst Financial Mistakes Newlyweds Make
(DBN)

9 Ways To Make Money Fast
(DBN)

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Telecoms:

This Is BlackBerry's Best Shot for a Turnaround
(DBN)

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New Bankruptcy Opinions
(0 new opinions 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 (9 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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Contracts:

Contract Remedies in the Face of Imminent Default – What Happens to State Law Adequate Assurance and Anticipatory Breach in Bankruptcy?
(DBN)

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Exemptions:

Supreme Court Denies Exemption for Inherited IRAs But Texas Debtors May Still Be Able to Keep Them
(DBN)

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Recent Pleadings:

Petitioning Creditors In Howrey Case Claim Trustee's Firm Conflicted Because It Hired Their Attorney
(DBN)

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TBTF:

AIG s Collapse: The Part Nobody Likes to Talk About
(DBN)

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Insurance:

Florida Judge Approves Deal for Heritage to Assume Sunshine State Policies
(DBN)

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Banking:

U.S. banks seen falling short of new debt funding rule
(DBN)

The World's 21 Strongest Banks
(DBN)

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Golf:

Chinese investors buying up golf courses
(DBN)

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Awards:

Turnaround/Distressed Debt Firm of the Year: Apollo
(DBN)

____________

Sovereigns:

U.S. Supreme Court rejects Argentina debt case --- A quick one-two punch: Argentina loses discovery case, too --- Supreme Court Sides With Holdout Creditors in Argentina Debt Case --- Argentina Dealt Double Blow by Justices --- Argentina faces fresh default --- Paul Singer Wins Big --- Bond Vultures' Bet Against Argentina Pays Off --- Now What? --- The Supreme Court Went Completely Hardline On Argentina --- No relief for Argentina on debt
(DBN)

Argentina debt plunges after US Supreme Court rejects appeal
(DBN)

Argentine Leader Slams Hedge Fund 'Extortion' --- Argentine Leader Says She Won't Honor $1.3 Billion In Debt After Supreme Court Loss --- Fernandez Court Rebuff Gives Argentina Two-Week Deadline
(DBN)

Argentina vows to service debt despite new legal blow
(DBN)

Justices: Foreign Nation's Assets Subject to Discovery --- US Supreme Court Rules in Favor of Worldwide Discovery Against Foreign Sovereigns
(DBN)

Message on Argentina : Don't be a debt deadbeat!
(DBN)

Is Another Argentina Default Coming?
(DBN)

Argentina stocks plunge after US court ruling on debt
(DBN)

Bad day to be a recalcitrant sovereign debtor
(DBN)

Argentina’s bond drama: pathway to peace or a new Falklands?
(DBN)

After Argentina
(DBN)

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UK:

Analysis: How the pre-pack administration process could be improved
(DBN)

Insolvency hits retailers hardest for five years
(DBN)

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EU:

ECB Likely to Refrain From New Measures for Next Months
(DBN)

Europe's lame ducks attract restructuring bets
(DBN)

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Canada:

Lac-Mégantic disaster: Quebec goes after MMA for $409 million
(DBN)

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Ukraine:

Russia Cuts Gas Supply to Ukraine as Tensions Soar --- Unpaid bills, mounting tensions --- Ukraine proposes peace with separatists --- Europe faces gas shortage --- A look at the Russian-Ukrainian gas dispute --- Ukraine Says Russia Has 38,000 Troops on Border Amid 'Invasion'
(DBN)

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MENA:

Iraq: We Broke It but We Can't Fix It --- Pat Robertson unloads on Bush for latest Iraq crisis: ‘We were sold a bill of goods!’ --- US Prepares for Talks with Iran Over Iraq --- ISIS War Chest May be $2bn and Growing --- Cash is king: Here’s how Baghdad might fall to the Islamist rebels - Plain old bribery --- Brookings Expert Makes A Sobering Prediction About Iraq --- US Troops Positioned In Iraq As Iran Prepares Shia Militias
(DBN)

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Brazil:

Brazil's OSX posts $1 billion loss in first quarter
(DBN)

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