June 30, 2014

The Daily Bankruptcy News

View prior editions: Click Here
View prior case summaries: Click Here
Search prior headlines: Click Here
Search prior case summaries: Click Here

 

Law:

Top Law Firms By Practice Area And Region
(DBN)

Flashback: Associate Compensation In The 1990s
(DBN)

McDermott's Layoff of Secretaries Spotlights Big Law's Tech Queasiness
(DBN)

Orwellian Law Firm Says Its Lawyers LOVE Their Lack Of Transparency
(DBN)

Global M&A at seven-year high as big corporate deals return
(DBN)

Business of Law
(DBN)

Bankruptcy law prof. under fire from angry investors
(DBN)

Attorney in Ford case has long history of disciplinary concerns
(DBN)

LawProse: Structuring a textual argument
(DBN)

Soul-Sucking BigLaw Jobs Are Coming Back in Fashion
(DBN)

MOOC Could Replace Many Law Professors, Now that Socratic Method Questioned
(DBN)

Things Are Looking Rosy for the Law School Class of 2018
(DBN)

JDs Waiting For First/Between Jobs: Should You Drive for Uber? --- Here's How Much Money You Can Really Earn As An Uber Driver
(DBN)

More Churn at Squire Patton Boggs as the Post-Merger Dust Settles
(DBN)

The Rise Of The “Social Professional” Networks
(DBN)

Meatloaf: Take That Off Your Menu, Lawyers (B2B, B2C)
(DBN)

We need to talk about paralegals
(DBN)

Small Firms: Steal Business from Big Law
(DBN)

How Technology Can Fuel Small Law Firms
(DBN)

Mass. Supreme Court: Lawyer Defendant Must Decrypt Computers for Police In Mortgage Fraud Case
(DBN)

Android L Is For Lawyers
(DBN)

3 Watches You Should Wear If You Want To Impress People
(DBN)

After Outcry, Ethics Committee Will Look Again at Opinion on 'Nonlawyer Officers' in Firms
(DBN)

The best photos from London Legal Pride
(DBN)

Legal malpractice plaintiff can’t sue for emotional distress, judge rules
(DBN)

Student Loans Lead To A Job — A Boob Job?
(DBN)

Customer Service Or Whatever
(DBN)

Attorney shot and killed; suspect lived nearby and had made threats
(DBN)

‘Austin Under 40’ lawyer arrested in FBI trafficking sting
(DBN)

Vendor Accidentally Shoots Woman At Gun Show
(DBN)

Dead Georgia boy's mom researched how kids die in cars: police
(DBN)

The 20 Least-Known Words In English
(DBN)

One Small Hole in Boehner's Plan to Sue Obama
(DBN)

Father Of Elliot Rodger: I Never Knew 'The Monster' That Was In My Son
(DBN)

Family Slits Young Couple's Throats Because They Married
(DBN)

Woman Formerly Sentenced To Death For Apostasy Has Taken Refuge In U.S. Embassy
(DBN)

Woman Sprayed Weed Killer In Child’s Face
(DBN)

Feds Say Madam Gave Frequent-User Discount Coupons
(DBN)

Cops: Erratic Shia LaBeouf Spit At Officer, Asked "Do You Know Who The F--- I Am?"
(DBN)

District May Be Liable for Bullied Teen's Suicide
(DBN)

County on the Hook After Juror Froze to Death
(DBN)

Man Charged In Use of Flare Gun In Road Rage Incident
(DBN)

School Defends Calling Kindergartner's Actions "Sexual Misconduct"
(DBN)

______________

Judges:

Rainbow Family Gathering includes federal courtroom
(DBN)

Supreme Irony? Court Has Its Own Buffer Zone
(DBN)

Judge: Another riff on my lack of an Article III toilet
(DBN)

An entertaining interview with Judge Posner
(DBN)

Supreme Court Clerk Hiring Watch: Looking Ahead To October Term 2015
(DBN)

______________

Wall Street:

U.S. stock market: Futures flat, but first-half gain in view
(DBN)

U.S. stocks rally into close ; end week lower
(DBN)

10 Things You Need To Know Before The Opening Bell
(DBN)

Goldman Sachs Trader Worth $35 Million Is The Poster Child For Bad Negotiating
(DBN)

Global Markets' Strength Doesn't Reflect Economic Outlook, Central Banks Say
(DBN)

______________

Layoffs:

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Aviation:

American Airlines' bankruptcy tallied more than $414 million in legal fees and expenses
(DBN)

Malaysia Airlines facing financial turbulence
(DBN)

MH370 Investigators Find Evidence Of Mysterious Power Outage During The Early Part Of Its Flight
(DBN)

____________

Gambling:

Caesars to close Showboat Casino in Atlantic City
(DBN)

Casino owner gambles on Showboat closing
(DBN)

Snake eyes for Revel again
(DBN)

Atlantic City casino shutdown needed, analysts say
(DBN)

Did NJ pensions place wrong bet on Revel?
(DBN)

Slot manufacturer Bally eliminates 270 jobs
(DBN)

____________

Celebs:

NY Assemblywoman Gabriela Rosa Resigns, Pleads Guilty To Sham Marriage, Bankruptcy Lies --- ’Til jail do us part
(DBN)

The Broke and the Beautiful: Equestrian Edition
(DBN)

After five months, Brown auctions expected to wind down
(DBN)

____________

Electricity:

NextEra Pursues Bid for Control of Energy Future’s Oncor
(DBN)

Hunts enter fight for Oncor --- Hunt Family, Pension Fund Seek to Invest in Energy Future Holdings
(DBN)

Longtime EFH critic Fraser gives his thoughts on Oncor's next owner
(DBN)

Texas lawmaker warns against hedge funds 'flipping' Energy Future unit
(DBN)

____________

Healthcare:

Natchez: Hospital officials hope to hear about MDA board decision
(DBN)

CHI St. Vincent announces layoffs
(DBN)

Healthcare Spending Is Entering A 'New Normal'
(DBN)

____________

Shipping:

STX Dalian starts bankruptcy reorganization
(DBN)

____________

Autos:

GM Victims’ Lawyer Says Feinberg to Offer Uncapped Fund
(DBN)

GM Pushed For Punitive Damages
(DBN)

New Documents Reveal GM Criminal Probe Likely Picking Up Steam
(DBN)

GM recalls extra 500,000 vehicles
(DBN)

GM's 'Culture' Blamed for Current Crisis
(DBN)

GM Exec Knew of Ignition Problem in 2005
(DBN)

____________

Economy:

Wealth Levels, Wealth Inequality, and the Great Recession
(DBN)

Wage Growth: Still Stagnant
(DBN)

NY Times Debate: Is Contemporary Capitalism Compatible with Christian Values?
(DBN)

Map: Where Economy is Really Fast
(DBN)

The US Economy Is About To Experience One Of Its Most Intense And Critical Tests In A Long Time
(DBN)

Jobs, cars seen cementing U.S. spring rebound
(DBN)

The Shifting Shape of Age Around the World
(DBN)

Warren: Economy Rigged, Conservatives Agree
(DBN)

Inflation: Food prices + gas prices = Major consumer stress
(DBN)

The world has 53.3 years of oil left
(DBN)

Sorry: Rich People Don't Create the Jobs
(DBN)

Martin Armstrong Warns Civil Unrest Is Rising Everywhere: "This Won't End Pretty"
(DBN)

Many Face Emergency Savings Crisis
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

Foreclosure Sale: In a Race With a Bankruptcy Filing, Who Wins?
(DBN)

Middle District of Tennessee Ruling Highlights Post-Petition Lease Payment Issues in Bankruptcy
(DBN)

Home Loans: Subprime No Longer Dirty Word
(DBN)

Perkins & Will, Garrett Kelleher venture trade barbs in Chicago Spire bankruptcy case
(DBN)

Lightning owner Jeff Vinik is back in Channelside Bay Plaza race
(DBN)

Ex-developer Dillin works to sort out tangled finances
(DBN)

Moncure still silent in bankruptcy case
(DBN)

San Francisco Has Become America's Largest Gated Community
(DBN)

____________

Municipalities:

US bankruptcy Judge Steven Rhodes tells Detroit to stop leaking bankruptcy plan vote results --- Detroit bankruptcy ballots counted in California in unfamiliar election
(DBN)

Jones Day and digital rights group face off in war of words over Detroit bankruptcy parody site
(DBN)

Mediation session on pension debt ordered in Detroit bankruptcy
(DBN)

Michigan: Unions Agree on Detroit Bankruptcy Plan
(DBN)

Detroit bankruptcy raises Orr's profile across U.S.
(DBN)

New advisers line up for post-bankruptcy pension plans
(DBN)

Detroit Bankruptcy Judge Rejects Insurer Requests
(DBN)

Judge to Tour Detroit, But Without RoboCop
(DBN)

'Dreams' system was nightmare for city of Detroit
(DBN)

This Woman Wants the UN to Keep Detroit from Shutting Off People's Water
(DBN)

Retired Harrison Township attorney advocating for city of Detroit retirees
(DBN)

Conyers appeals to Obama, others to restore water service to delinquent customers in Detroit
(DBN)

Fire union accuses San Bernardino of 'hiding' money
(DBN)

Inaction on San Bernardino budget a threat to bankruptcy
(DBN)

With casinos closing, Atlantic City considers future --- Atlantic City is shrinking ... that's a fact
(DBN)

Puerto Rico agency debt slumps as law fuels default fears
(DBN)

Puerto's Rico Default Plan May Spread Pain Beyond Utility
(DBN)

U.S. Investment Firms Challenge Puerto Rico Restructuring Law--- Holders of Puerto Rican Electric Company Bonds Sue Island’s Government
(DBN)

The Puerto Rico Public Corporation Debt Enforcement and Recovery Act
(DBN)

Most Puerto Rico Electric Debt Lacks Lifeline for Investors
(DBN)

Lincoln Park officials expect emergency manager soon
(DBN)

The Risks States Take for Their Distressed Cities
(DBN)

Bond lawyer to settle 38 Studios suit for $4.37 million
(DBN)

____________

Retailing:

American Apparel denied loan waiver
(DBN)

The Road to Dov Charney's Ouster at American Apparel
(DBN)

American Apparel adopts shareholder rights plan
(DBN)

Ex-American Apparel CEO demands personal photos back --- American Apparel moves to block Dov Charney from retaking control
(DBN)

Golden State Mall shut down leaves customers, tenants in turmoil --- People who paid money to Golden State Mall may be out thousands
(DBN)

Deadline Nears at West Coast Ports Which Could Disrupt Retailers
(DBN)

____________

Banking:

These World Banks Made The Most Profit Last Year
(DBN)

____________

Corporate Reform:

BNP Paribas braces for $9 billion fine: reports --- BNP Paribas Said to Plan Guilty Plea Monday in U.S. Probe -- BNP Paribas Is On The Verge Of Coughing Up Its Entire 2013 Pretax Income --- BNP Paribas's Looming U.S. Settlement to Cap Troublesome Period
(DBN)

Barclays hires WilmerHale, ex-SEC litigator in dark pools probe
(DBN)

___________

Telecoms:

LightSquared reaches bankruptcy deal; mediator blasts Ergen --- LightSquared Mediation Succeeds Without Ergen --- Ergen Sidelined in Battle With Falcone Over LightSquared
(DBN)

____________

Education:

3 Trends Are About To Create A Higher-Education Earthquake
(DBN)

New Technology Is Turning Education Upside Down
(DBN)

____________

Tax:

Lois Lerner's Lawyer Dismisses IRS Tax Scandal As "Politics'
(DBN)

What Taxpayers With Offshore Accounts Need to Know Before Confessing to the IRS
(DBN)

____________

Finance:

All is not lost for Ex-Im Bank amid Republican jockeying
(DBN)

____________

Food/Beverage:

Five Guys franchisee files for bankruptcy
(DBN)

____________

Lehman:

Lehman Haunted by $780 Million London Skyscraper Claim
(DBN)

____________

Ratings:

Fitch Updates Distressed Debt Exchange Rating Criteria
(DBN)

____________

Personal Finance:

Google's New Flight Search Could Save You Thousands Of Dollars On Airfare
(DBN)

The Fabulous Life Of Bill Gates, The Richest Man In The World
(DBN)

____________

Pensions:

Pensions becoming scarce in private sector
(DBN)

____________

Politics:

The Growing Flap Over Hillary’s Mega Speaking Fees --- Team Clinton: Hillary Has Given 'Dozens' Of Free Speeches
(DBN)

Paging Elizabeth Warren : This is your moment --- Warren, Booker are Dems' secret weapons
(DBN)

Loser of Republican Congressional Primary in Oklahoma Plans to Contest Election …Claims Body Double of “Dead” Incumbent Defeated Him
(DBN)

Goldman: Congress to Screw Everything Up
(DBN)

____________

New Bankruptcy Opinions
(2 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (31 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (24 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)

______________

Miscellaneous:

The Week Ahead
(DBN)

____________

Jurisdiction:

Did The Supreme Court Finally Explain Marathon And Stern ? Executive Benefits’ Impact on Bankruptcy Court Jurisdiction
(DBN)

____________

Avoidance Actions:

Side-Stepping Exposure to Bankruptcy Litigation: Fraudulent Transfers and Centralized Cash Management Systems
(DBN)

____________

Executory Contracts:

Eighth Circuit Holds that Trademark License Included in Substantially Performed Integrated Asset Purchase Transaction Is Not an Executory Contract Subject to Rejection
(DBN)

____________

Sales:

Two New Cases Cast A Shadow Over Credit Bidding
(DBN)

____________

Recent Pleadings:

UST Slams MedLab Plan For Overbroad Exculpations
(DBN)

______________

Litigation:

The Consequences of Conferences During Depositions – Citations and Interesting Views
(DBN)

Deploying the 30(b)(6) Deposition
(DBN)

____________

Fraud:

The tangled saga behind Mastro's escape --- Mastro chartered private jet from Toronto to Portugal --- Who helped the Mastros flee? Trustee points to Normandy Park man
(DBN)

HP Will Settle In Its Suit Over Autonomy Deal
(DBN)

Halliburton decision could be more impactful than it appears
(DBN)

US seeks more than eight years prison for SAC's Martoma --- "U.S. v Martoma" - Should the sentence be for illegal gain of $275 million or $9.3 million
(DBN)

"Buy Side" By Turney Duff - Inside Hedge Funds
(DBN)

Nagle faces sentencing for role in Schuylkill Products fraud
(DBN)

Rothstein Law Partner Russell Adler Gets 30 Months
(DBN)

____________

Mass Torts:

N.C. Bill 648 passes Senate without proposed bankruptcy transparency amendment
(DBN)

Freedom Industries Told by Judge to Keep Public Informed
(DBN)

Freedom Industries demolition delayed by asbestos
(DBN)

Freedom reaches $3 million deal with insurance company
(DBN)

Judge defends secrecy in spill co. bankruptcy case
(DBN)

BP seeks return of millions in oil spill damage payments
(DBN)

Ex-BP executive can be charged with obstructing Congress: U.S. court
(DBN)

____________

Funeral Industry:

'A dreadful situation' for families seeking to bury loved ones at bankrupt Cullman Memory Gardens
(DBN)

____________

Currency:

The US Just Auctioned Off About 30,000 Bitcoins
(DBN)

____________

Metals:

A buyer for the Ormet plant
(DBN)

____________

Sovereigns:

US vulture fund ruling pushes Argentina towards second bankruptcy
(DBN)

As Argentina's options narrow, investors bet against gov't
(DBN)

Argentina must pay 'vulture' funds by Monday, judge rules
(DBN)

Argentina Learns The Downside Of Global Finance
(DBN)

Screw turns on debt -ridden Argentina
(DBN)

US judge warns Argentina over illegal debt payments --- Judge urges Argentina to negotiate
(DBN)

Argentina Blasts US Judge for Blocking Debt Repayment --- Judge blasts Argentina over $539 million bank transfer--- Argentina Accuses US Judge of Abusing Power --- Argentina Blames US Court's 'Absurd' Ruling --- Argentina , Judge On Collision Course
(DBN)

Ruling Risks New Argentine Default as Monday Deadline Approaches
(DBN)

Argentina in default as contest with holdouts enters endgame
(DBN)

Argentina's cronies are fair game
(DBN)

Argentina's Debt Fight: Why It Matters
(DBN)

____________

UK:

Law graduates hit by stiff competition
(DBN)

Business conditions looking brighter for IT suppliers as insolvencies fall
(DBN)

Here's What A UK Couple With Two Children Must Earn To Meet 'Basic Needs'
(DBN)

____________

PIIGS:

Debt-hit ex-tycoon Anthony O'Reilly is facing ruin --- The downfall of Sir Anthony O'Reilly is not totally surprising --- End of an empire as Tony O'Reilly considers bankruptcy in Bahamas
(DBN)

UniCredit, unions agree 2,400 job cuts - union
(DBN)

Economics and demand will test restructured Spanish deals
(DBN)

____________

Canada:

No investor money at risk says head of bankrupt Reeves firm
(DBN)

Closing expected on bankrupt railroad's Canadian assets
(DBN)

____________

Australia:

Media baron facing bankruptcy
(DBN)

____________

China:

China drives home message that golf courses are not the fairway to heaven
(DBN)

____________

MENA:

It's 'Flee Or Be Killed' In Tikrit, Iraq Right Now --- The Worst Of The Insurgency Is Over
(DBN)

The 'Islamic Caliphate' Is Now A Reality --- ISIS Declares New Caliphate in Iraq
(DBN)

____________

Serbia:

Serbia could go bankrupt, says PM
(DBN)

____________

 

 

 

The Daily Bankruptcy News is primarily a curated news link gathering service.   This means that most of the headlines contained in the publication are a collection of links to stories posted on the Internet by various third party publications.  Such content is owned by third party sources, not The Daily Bankruptcy News, and in some cases, these links change or expire, which means you may not be able to view some news stories in prior editions of the Daily Bankruptcy News. The DBN subscription fee is not a fee for access to the content of the links, but is a charge for the considerable work involved in gathering, organizing and presenting the links. Use of this site and The Daily Bankruptcy News is subject to our Terms of Use. If you received The Daily Bankruptcy News via email (and you have a paid subscription account), to view a news story, click on the headline, and the story should open in your web browser. To view additional stories, click back to the email and click on additional headlines, which will cause new stories to open in your web browser.  You can view the Daily Bankruptcy News on the web by clicking here.

Advertising
Advertising is available in The Daily Bankruptcy News. Click here for details  Feel free to contact us with any questions.

Passwords/Subscriptions
Access to certain links in The Daily Bankruptcy News is available only to readers holding a paid service subscription.  These links are currently marked with a "DBN" notation. The cost of a subscription is $58/year, payable annually.  Volume discounts are available for sites with multiple users. Click here to see a schedule of discounts. Complimentary subscriptions are available for full-time educational and governmental employees and for full time students. For information about discounts or educational/governmental subscriptions, contact us by clicking here. A separate password is required for each member of a firm wishing access to restricted links.

New readers can receive a free password good for 30 days by clicking here. 30-day passwords are not available to readers who have previously had a password, even if the password was associated with a different email address used by the reader. Refunds are not available after purchase.

Readers who wish to change their passwords should click here. Readers who have forgotten their password should click here.

Adding Your Email Address To The Distribution List
If you would like to start receiving The Daily Bankruptcy News by email each day, click here, and fill in the information requested.  There is no charge to be placed on the distribution list to receive the headlines, although access to many of the links behind the headlines requires a paid subscription (see above, under Passwords). If, after adding your email address to the distribution list, you do not receive an email confirming the addition, please contact us by clicking here for help.  

Removing Your Email Address From The Distribution List
If you already receive The Daily Bankruptcy News by email and you wish to remove your email address from the distribution list, click here and send the email that should appear.  You do not need to type anything in the body of the email message. Note that the email asking for removal must be sent from the same email address which is on our distribution list.
If you do not receive an email confirming deletion of your email address from the distribution list, contact us by clicking here for help.

If receive the publication forwarded from an older email address, you will need to contact us as described below for help removing that older address from our distribution list.

Press Releases/News Tips
Please send press releases and news tips to admin@bkinformation.com

Contact Us
The Daily Bankruptcy News is published each business day by BKINFORMATION.COM, L.L.C.  You can reach us at 281-402-3957 or at accounting@bkinformation.com (email inquiries are usually answered substantially more quickly than phone inquiries). Our mailing address is 935 Eldridge Road, No. 350, Sugar Land, Texas 77478.

 

Copyright 2014