March 24, 2014

The Daily Bankruptcy News

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Law:

Firm Rescinds Offer After Offeree Asks Too Many Questions
(DBN)

What Else Dewey Know About Zachary Warren?
(DBN)

Judge Allows Discovery to Proceed in Dewey Bankruptcy
(DBN)

Kirkland Tops $2 Billion in Revenue for First Time
(DBN)

Business of Law
(DBN)

Skadden, Fletcher Hedge-Fund Trustee Reach $4.25 Million Settlement
(DBN)

Your Second Job Out Of Law School
(DBN)

Job Interview: Managing Hostile Questions, Remarks
(DBN)

Displaced Lawyers: Old Lady's Guide for Starting Over
(DBN)

JD Class of 2014 with a Manhattan State of Mind: Glam often unsustainable
(DBN)

Will Most Law Schools Return to a 4 Course/12 Hour Load for Faculty?
(DBN)

Law School Accidentally Tells Students Exactly How Much Debt Their Classmates Have
(DBN)

Law Schools: More signs of the times
(DBN)

Jacoby & Meyers bankruptcy law firm in liquidation crisis
(DBN)

What My Twitter Suspension Reveals About Social Media for Lawyers
(DBN)

Female lawyers who dress too 'sexy'
(DBN)

From foreclosures to fighting for homes
(DBN)

Top NYC Law Firms Hit The Ice For Ice Hockey in Harlem
(DBN)

Former law firm worker gets 3 years in federal prison for $212K theft
(DBN)

Public Defender Drunkenly Asks Police For Drugs, Sets Résumé On Fire
(DBN)

Dallas, TX Law Firm: Making partner on coasts may be a piece of cake v. applying for $10 job
(DBN)

Father Gets Restraining Order Against Son's Bully
(DBN)

California drought puts spotlight on water theft
(DBN)

Judge grants change of venue for law school classmate charged in woman’s dismemberment
(DBN)

Connecticut chimp attack victim seeks right to sue state
(DBN)

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Judges:

Bankruptcy Judge Marilyn Shea-Stonum reflects on a career sorting out financial messes
(DBN)

Bankruptcy judge appointed to second term
(DBN)

Female lawyers: Still must dress conservatively to impress judges.
(DBN)

Justice Scalia's Intriguing Non-Answer Question To A Question About NSA Spying
(DBN)

Justice Ginsburg’s Cornell Yearbook from 1954
(DBN)

Judge is indicted, accused of making false residency claim
(DBN)

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Wall Street:

US Stock Futures Suggest Higher Open
(DBN)

Asia stocks higher despite weak China PMI
(DBN)

European Stocks Drop Amid Ukraine Tension
(DBN)

An early gain fades on Wall Street
(DBN)

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Layoffs:

The Long Term Unemployed's Real Problem
(DBN)

Here's Why Robots Taking Our Jobs Is A Good Thing
(DBN)

Ill. Budget Could Mean 13,400 Teacher Layoffs
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Autos:

Feds Reportedly Investigating Whether GM Hid Ignition Defect In Bankruptcy Filing
(DBN)

Now its GM's Turn in the Cross Hairs
(DBN)

GM missed 'red flags' on deadly ignition switches --- Pressures Mount on GM Recall --- Watchdogs Can't Believe It Took Regulators This Long To Spot Deadly GM Defects
(DBN)

GM ignition recall may haunt Delphi
(DBN)

At GM — 'cheaper' was job one --- GM’s Supplier-Squeezing Days Gave Birth to Flawed Models --- GM's Flawed Cars Born as Engineers Pushed Suppliers for Low 'China Cost'
(DBN)

GM, Toyota and 'Defect' Politics
(DBN)

GM's Barra to Testify at Congressional Panel Over Recalls
(DBN)

GM Faces Suits on Car Value
(DBN)

US eyes bankruptcy link in GM ignition defect probe
(DBN)

Judge to Toyota Motor Corp.: "Corporate Fraud Can Kill"
(DBN)

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Food/Beverage:

What Killed This Pizza Chain Star?
(DBN)

Dismal Declines on Multiple Fronts for Red Lobster, Olive Garden
(DBN)

Bankruptcy judge schedules closing date for sale of failed South Dakota beef packing plant
(DBN)

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Personal Finance:

When Your Identity Thief Is... Mom or Dad
(DBN)

Don't Take Out a 401(k) Loan—Even if You're Desperate
(DBN)

____________

Corporate Governance:

50 most loved CEOs in America
(DBN)

Who’s in Charge – Is the Board Responsible to Monitor Its Financial Advisor or Vice Versa?
(DBN)

Who to call when the barbarians are at the gate
(DBN)

____________

Telecoms:

LightSquared Able to Get $1 Billion Loan, Credit Suisse Says
(DBN)

LightSquared Confirmation Hearing Continues
(DBN)

Ergen tries 'email trick' in LightSquared case
(DBN)

____________

Bike-Sharing:

Citi Bike asking for more city funding to survive --- Citi Bike on the brink as de Blasio refuses bailout --- Needs millions to survive --- Citi Bike Needs 'Tens Of Millions' To Stay Afloat --- Citi Bike's Four Huge Problems
(DBN)

Portland's Alta Bicycle Share seeks help from investors as Citi Bike goes broke
(DBN)

____________

Healthcare:

Doctors Say Obamacare Rule Will Stick Them With Unpaid Bills
(DBN)

Three Rivers Hospital to interview two CEO candidates
(DBN)

Newfane residents try to save hospital
(DBN)

Health care providers tout "paradigm shift" as path to reining in costs
(DBN)

Where are the Positive Obamacare Stories?
(DBN)

Medical Bankruptcies: How the ACA Stands to Reduce Them
(DBN)

____________

Hockey:

Trenton Titans, the Flyers Farm Team, Folds in Chapter 7
(DBN)

____________

Alternative Energy:

Green Power's bankruptcy case may be dismissed
(DBN)

KiOR: The Fat Lady Warms Up Her Voice
(DBN)

____________

Private Equity:

Paul Capital's real failure is in the fees
(DBN)

____________

Tech:

Alydian Selling Hardware, Bitcoin Offers Accepted
(DBN)

____________

Mass Torts:

Quebec Oil-Train Disaster Report Filed With Prosecutors
(DBN)

____________

Apparel:

March 31 hearing set on Hardwick request
(DBN)

____________

Newspapers:

FLS case returns to court Monday
(DBN)

Dolan Co. Files Bankruptcy to Cut Foreclosure Business Debt
(DBN)

____________

Museums:

As Richmond mulls over a slavery heritage site, supporter of stalled museum speaks up
(DBN)

____________

Oil/Gas:

Buccaneer Energy suspends CEO, Names CRO
(DBN)

____________

Education:

Most California for-profit colleges lose state grants
(DBN)

Holding for-profit colleges accountable
(DBN)

____________

Economy:

Yellen's Bombshell, How Much Juice Is Left In The Fed's Punch Bowl For Stocks? --- Janet Yellen didn’t gaffe
(DBN)

Survey: Economists see US growth pickup this year
(DBN)

Graphs of key economic trends
(DBN)

Jeremy Grantham: The Fed is killing the recovery
(DBN)

Payday lending: the loans with 350% interest and a grip on America
(DBN)

IMF's Lagarde says can't do much about reform without US support
(DBN)

Wall Street to eye flash PMI data for March
(DBN)

Are the Suburbs Making People Live Paycheck to Paycheck?
(DBN)

Private charity and the safety net: Why philanthropy can’t replace government
(DBN)

Krugman: The Crime of 2010 --- Favoring Wealth Over Work
(DBN)

'The New Normal' Has Been Devastating For America
(DBN)

Deadly myth about millennials: The dark truth about a misunderstood generation
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

Despite Promises To Fight Mortgage Fraud, DOJ Basically Ignored It, Then Claimed Success With Faulty Stats
(DBN)

Federal judge took Wells Fargo to task over loan filings
(DBN)

Credit Suisse in $885 million settlement
(DBN)

Coming back from foreclosure as 'boomerang buyers'
(DBN)

After courtroom loss, Tampa Port Authority readies for Channelside fight
(DBN)

Global Water receives $4.3M from Sierra Negra settlement agreement
(DBN)

Favorable Demographics for Apartments
(DBN)

UFA Default Risk Index Rises in Q1
(DBN)

____________

Municipalities:

Bankrupt Detroit Says Swap Deal Objections Aren’t Valid
(DBN)

Kevyn Orr confident of Detroit rebound from bankruptcy
(DBN)

Retirees risk hurting themselves
(DBN)

Art sale could benefit retirees
(DBN)

Banks promise legal battle with Detroit if debt deal isn't approved
(DBN)

Marchers to drive evil spirit, Nain Rouge out of Detroit
(DBN)

Detroit Water Department threatens to shut off water of customers who haven't paid bills
(DBN)

Orr looks to private sector for help with Detroit water department mess
(DBN)

Snyder, Orr to discuss Detroit's future at NYC policy forum
(DBN)

Detroit prepares for historic debt deal vote
(DBN)

Is it “revenue stealing” instead of “sharing”?
(DBN)

Revenue sharing could have kept Lincoln Park out of financial crisis
(DBN)

Emergency Manager Could Be Coming To Royal Oak Township
(DBN)

Pontiac Mayor Leon Jukowski issues veto in pension dispute
(DBN)

Puerto Rico bond trading under FINRA examination
(DBN)

10 Huge Companies Dodged State Taxes for Five Years
(DBN)

Public pensions are eating taxpayers alive
(DBN)

Pension Futures: Funding levels fall
(DBN)

____________

Aviation:

Airlines' Add-On Fees Add Billions to Profits
(DBN)

New Debris Located in Search for Jet --- Another Sighting --- Hunt For Missing Malaysian Airliner May Finally Be On The Right Track --- Malaysia: French images show possible jet debris --- Searchers narrow area of focus, chase new possible sightings --- 'I saw missing plane days ago, but no one listened' --- Missing Jet Investigation: 'Suspicion Is Pointing Towards The Pilots' --- Malaysia Airlines Flight 370: Does new account debunk cockpit foul play theory? --- Pilots' mental health a concern in jet mystery --- U.S., U.K. Deeply Involved in Sparking Indian Ocean Search
(DBN)

Malaysia Airlines Has Been Missing Profits for Years
(DBN)

32 Injured When Train Derails At Chicago O'Hare International Airport
(DBN)

____________

Financial Privacy:

California drivers face big credit card breach
(DBN)

____________

Banking:

JPMorgan sued by investor over 'culture of lawlessness'
(DBN)

Unofficial Problem Bank list declines to 552 Institutions
(DBN)

____________

Electricity:

Size matters: EFH shakeup will ripple
(DBN)

Solving Utility Companies' Death Spiral
(DBN)

____________

Religion:

Nuns seek to retain lawsuit stay
(DBN)

Religious leaders fight to recover Harlem church from builders
(DBN)

____________

Fuel Supply:

Hundreds of prepaid heating oil customers await Pettit bankruptcy word
(DBN)

____________

Corporate Reform:

Operation Choke Point: the stop-and-frisk tactic of the financial industry
(DBN)

Annals of captured regulators, NY Fed edition
(DBN)

____________

Finance:

Bondholders’ rights and returns diluted
(DBN)

Growth of ‘cov-lite’ loans sparks debate
(DBN)

____________

Retailing:

Will Shuttering Stores Save RadioShack?
(DBN)

Growth spurt slowing at retailer Tilly's
(DBN)

How to fail in business while really, really trying
(DBN)

____________

Fraud:

Bernie Madoff speaks: Politics, remorse and Wall Street --- I'm Really Not Such a Bad Guy --- 4 Mind-bogglingly Un-Self-Aware Opinions From Bernie Madoff --- 6 chilling quotes from Politico's Bernie Madoff interview --- Madoff likens prison to a "college campus' --- The world according to Madoff gets more bizarre --- Madoff says Ponzi scheme was not betrayal of the Jewish people --- Madoff's Billionaires: The Fear and the Fury --- Bernard Madoff's advice to investors? Don't invest in stock market --- Clinton, Christie top Madoff's political hit list --- Madoff : 'JPMorgan knew' --- Judge Approves $218 Million JPMorgan Settlement for Bank’s Role
(DBN)

Madoff jury's questions spark legal sparring --- Deliberations in trial Of five former Madoff aides postponed due to sick juror
(DBN)

Court hearing scheduled Monday in halted DBSI trial
(DBN)

10-Month Sentence For Man Who Helped Sell Kim Rothstein's Jewelry
(DBN)

The US financial system and the scammers who love it
(DBN)

Lawyer Fired After Fraud Report Fights for Whistle-Blower Rights
(DBN)

____________

Rating Agencies:

S&P Judge Tentatively Rules It Must Face Deception Claims
(DBN)

____________

Toilet Seats:

Toilet seat maker pitching potential buyers as shutdown looms
(DBN)

____________

Opera:

The inside story of San Diego Opera's demise
(DBN)

____________

Currency:

Fumbling Mt. Gox CEO found 200,000 lost bitcoins in his own wallet --- Oh, here they are: Mt Gox finds 200,000 missing bitcoins
(DBN)

US Class Action Lawyer: Mt. Gox Wallet Discovery "Highly Suspect"
(DBN)

Finding Lost Bitcoin Could Mean IRS Finds You
(DBN)

Another Bitcoin Exchange on the Verge of Bankruptcy Halts Withdrawals
(DBN)

____________

Television:

CSN Houston bankruptcy case updates, financial details
(DBN)

Crane hopes Astros’ games will air blackout-free on MLB’s Extra Innings
(DBN)

____________

Resorts:

Colony judge reverses decision
(DBN)

____________

MLM:

Keep an eye on the FTC vs Burnlounge
(DBN)

____________

New Bankruptcy Opinions
(8 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (51 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)

______________

Bankruptcy Statistics:

 

Interactive Bankruptcy Statistics Map
(DBN)

______________

Local Rules:

ED PA Local Rules Committee Starts Work, Seeks Input
(DBN)

____________

Unexpired Leases:

Lease Assumption (and Rejection): It Ain’t So Until the Court Says So
(DBN)

____________

Assignability:

Ninth Circuit B.A.P. Affirms That Liquidating Trust Can Receive Joint Venture Interests Notwithstanding Transfer Restrictions in Operating Agreement
(DBN)

____________

Recent Pleadings:

Skadden Wants To Pay $4.25 Million To Settle Fletcher Claims
(DBN)

Asbestos Claimants Oppose Access To Garlock 2019 Statements - "No genuine need"
(DBN)

______________

TBTF:

"Dodd-Frank’s Intersection with the Bankruptcy Code Could Have Significant Impact for Unsecured Creditors"
(DBN)

____________

Insurance:

Insured's Bankruptcy Statements Doom Subsequent Claim for Stolen Property
(DBN)

____________

Litigation:

Conferring on Keywords & A Musical Judge
(DBN)

____________

Celebs:

Mel Gibson likely to fight for daughter's custody
(DBN)

RHONJ Teresa And Joe Guidice Guilty Reactions --- Brandi Glanville VS LIsa Vanderpump On Real Housewives
(DBN)

Memo: L’Wren Scott Was Not Shutting Down Her Company --- L'Wren finance rumors ripped to shreds --- Scott's suicide reveals tragic side of city's glitzy scene
(DBN)

The Broke and the Beautiful: Assante Edition
(DBN)

Wyclef Jean Is Broke, Claims Singer's Manager
(DBN)

____________

Credit Cards:

Appeals court upholds Fed's debit card 'swipe fee ' limits
(DBN)

____________

Consumer Finance:

Money Centers of America Files for Bankruptcy
(DBN)

____________

Shipping:

Oil-Tanker Glut Deja Vu Souring Ross, Ardmore Investments
(DBN)

Oil spill blocks Houston ship channel, threatens wildlife preserves
(DBN)

____________

Bankruptcy Crimes:

Bankruptcy court officials accuse Vratsinas of embezzlement, fraud
(DBN)

____________

Debt Collection:

Time's Up for Debt Then (Maybe) Don't Send a Letter
(DBN)

Debtors' Prison — It Still Exists in 21st Century America
(DBN)

____________

Agriculture:

California drought: How water crisis is worse for almonds
(DBN)

____________

Sovereigns:

Brazil, Mexico, France to back Argentina in US Supreme Court
(DBN)

Stiglitz Backing Argentina Bid for Supreme Court Bond Appeal
(DBN)

Jubilee USA Files to Supreme Court in Landmark Debt Case
(DBN)

____________

UK:

Bankruptcy of Nick Griffin deals further blow to British National party
(DBN)

High street store closures slow in 2013
(DBN)

The Co-op Group is in turmoil
(DBN)

____________

EU:

Cyprus: One year on banks and business locked in no win situation --- Moody's raises Cyprus outlook to positive
(DBN)

Emerging Europe - the new hunting ground for bad loan investors
(DBN)

____________

PIIGS:

Moody’s says outlook for Irish banks remains negative --- ie: Slim pickings in bankruptcy swoop on Sean Dunne's K Club pad --- Trustee's $58,271.50 bill for working on Sean Dunne's case --- People with huge debts most likely to get writedown
(DBN)

Anti-austerity march turns violent in Spain --- Spain Reforms Bankruptcy Law to Facilitate Restructurings
(DBN)

Greece: Court rules 2012 bond haircut legal and warranted --- Greek bond yields drop as S&P says might raise ratings --- 'The Numbers Are Getting Better, The People Are Getting Worse'
(DBN)

____________

Canada:

Sears Home Services customers promised help from Sears
(DBN)

____________

France:

Future of La Redoute in doubt after unions reject deal
(DBN)

Huge Comeback For France
(DBN)

____________

Germany:

German LDK subsidiary, Sunways, enters insolvency for second time
(DBN)

____________

China:

Chinese Manufacturing Index Falls To 8-Month Low
(DBN)

China MOF Warns Of 'Significant Impact' From Fed Rate Hike
(DBN)

On your own
(DBN)

New private banks: China's treasure or booby trap?
(DBN)

Some debt defaults 'healthy' for China
(DBN)

China woes open doors to others
(DBN)

Chinese Families Pose With Everything They Own In Fascinating Photos
(DBN)

____________

MENA:

Doubts cast on new UAE bankruptcy law for restructurings --- UAE keen to issue bankruptcy law: DEC
(DBN)

Lebanon needs drastic steps to avoid bankruptcy
(DBN)

____________

Australia:

Top builders call for industry inquiry
(DBN)

Liquidator cites disproportionately high company insolvency rate in ACT
(DBN)

A fee for failure: Paying to go bankrupt makes no sense
(DBN)

____________

Ukraine:

Russian Troops May Invade Ukraine --- London has more to lose than most when it comes to scaring off oligarchs --- Putin Allies Targeted by EU Sanctions Over Crimea Joining Russia --- New sanctions are driving Russians to drink --- White House responds cautiously to Russian takeover of Crimea airbase --- Why eastern Ukraine will not follow Crimea to Moscow --- Putin ally suggests US sanctions on his bank have backfired --- Obama Calls For Emergency G7 Meeting To Discuss Repercussions For Russia
(DBN)

____________

Brazil:

Brazil's OSX says has 60 days to present restructuring plan
(DBN)

____________

Jamaica:

Proposed bankruptcy division in courts
(DBN)

Bankruptcy protections below par, says PwC director
(DBN)

____________

Jersey:

When "all does not mean "all"...
(DBN)

____________

Austria:

Austria names German banker as Hypo Alpe Adria chairman
(DBN)

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