March 27, 2014

The Daily Bankruptcy News

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Law:

Merger Talks Between Patton Boggs, Squire Sanders Moving Forward
(DBN)

Outlook for Corporate Restructuring: Perry Mandarino --- Adam Levitin --- Sharon Levine --- Marc Leder
(DBN)

Lawyer sues to learn whether the FBI accessed his law firm’s computers
(DBN)

The Law Schools With The Most Heavily Indebted Graduates
(DBN)

March Madness: Weil’s Final Four
(DBN)

Who stalked whom? Ex-Schulte associate and his fiancee claim ex-girlfriend harassed them
(DBN)

SmallLaw: The Other Guys
(DBN)

Law Student Slams Undergrads Who Invade ‘Lawbrary’
(DBN)

Falsified discovery requests uncovered by metadata lead to suspension for lawyer
(DBN)

Russia Told America To Detain Tamerlan Tsarnaev Years Ago
(DBN)

Cops: Man Assaults Girlfriend with Anger Management Book
(DBN)

8 Things You Never Knew Your iPhone's Headphones Could Do
(DBN)

Federal judge awards $802K in attorney fees and costs in case over jail mail
(DBN)

Justices appear ready to accept that some corporations can assert religious freedoms under RFRA
(DBN)

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Judges:

Justice Scalia Condemns Violence Against Women — And Violence Against The English Language
(DBN)

Reflecting on judge's 'dirty old man' blog post and his take on women lawyers' attire --- Federal Judge Suggests That Women Lawyers Not Dress Like ‘Ignorant Sluts’ --- Judge: Post Script
(DBN)

Scalia's Stance On Hobby Lobby Is An Almost Complete Reversal Of One Of His Prior Opinions
(DBN)

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Wall Street:

Stock Futures Climb
(DBN)

US Stocks Fall Most in Two Weeks as Drop Worsens in Last Hour
(DBN)

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Layoffs:

Levi Strauss eliminating 800 jobs to cut costs
(DBN)

US Job Market Dropouts Are Increasingly Likely To Stay Out
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Religion:

Pope Francis Accepts Resignation Of 'Bling Bishop' --- Pope Francis Is Rattling The Vatican Bureaucracy By Ousting Italians And Appointing Foreigners
(DBN)

By the year 2130, the percentage of Americans who identify themselves as Christian will equal a little more than 1 percent
(DBN)

Cardinal Pell regrets legal play with victim: It wasn't Christian, but it was legal --- Pell 'shows sociopathic lack of empathy'
(DBN)

Survivors, supporters voice concerns over Milwaukee's bankruptcy plan
(DBN)

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Education:

Which College—and Which Major—Will Make You Richest?
(DBN)

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Fishing:

Pescanova's appeal to stop Chilean subsidiary's bankruptcy rejected
(DBN)

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Opera:

San Diego Opera closing explained: 'We are not bankrupt', petition to keep company open
(DBN)

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Gambling:

Casino suit halted by judge
(DBN)

Caesar's questioned over property transfers
(DBN)

Lender Looks to Buy Casino Miami Jai-Alai for $155M --- Casino Miami Jai Alai Auctioned Off For $155 Million
(DBN)

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Electricity:

Southern settles with noteholders in bankruptcy case --- Deal would keep rates at current levels --- Deal would include selling Highwood station
(DBN)

Energy Future Secured Lenders Said to Join 11th-Hour Negotiation --- Energy Future, Creditors Trying to Reach Debt-Restructuring Deal
(DBN)

TXU: Still Trying to Reorganize Debt
(DBN)

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Autos:

GM recall: Lawmakers, families condemn government bailout immunity
(DBN)

Barclays Analyst Says GM to Pay More Than $2 Billion Settlement for Recalls
(DBN)

Bertone looking for buyers as bankruptcy nears
(DBN)

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Celebs:

MC Hammer Contests Court Order to Pay $800K in Back Taxes
(DBN)

Scott Leaves Entire Estate to Mick Jagger
(DBN)

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Banking:

RBS Stress - Test Failure Seen Hindering US Unit Sale --- RBS to resubmit US capital plans after Fed objections
(DBN)

Citi among 5 banks to fail Fed ' stress test ' --- Citi and four other banks stumble in Fed stress tests
(DBN)

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Fraud:

Accountant is last remaining Madoff defendant after jury convicts 5 others in $17.5B scheme
(DBN)

Prominent Finance Guy On Twitter Pleads Guilty To Running A Fraudulent Investment Scheme
(DBN)

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Telecoms:

Dish's Ergen Says Technical Issue Killed LightSquared Bid
(DBN)

Dish's Ergen Says LightSquared Proposal Treats Him Unfairly
(DBN)

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Bike Sharing:

As Citi Bike Approaches Anniversary, Worries Abound
(DBN)

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Economy:

US durable goods orders, shipments rebound in February
(DBN)

St. Louis Fed President Bullard Says Jobless Rate Expected To Fall Below 6% This Year
(DBN)

Shiller: We Should Start Preparing For A Day When Inequality May Be Much Worse Than It Is Now --- Income Equality: A Search for Consequences
(DBN)

Americans Still Bummed About the Economy
(DBN)

American Dream a Nightmare for Unemployed
(DBN)

Monopoly's “House Rules” and What America Thinks of Capitalism
(DBN)

US Food Prices Are up 19% in 2014
(DBN)

The next financial crisis looms: Here’s where it may come from
(DBN)

States use farm bill loophole to stem food stamp cuts
(DBN)

The Great Depression: Made Up to Spread Socialism?
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Judge says she'll OK Chicago Spire settlement deal --- Kelleher: 'Huge interest' in new Spire deal
(DBN)

Bank of America to pay $9.3 billion in mortgage claims
(DBN)

Federal Court Declares a Portion of Nevada's Deficiency Statute Unconstitutional
(DBN)

Hilco Real Estate Announces a Bid Deadline of June 19, 2014 for Real Property in Furniture Brands Bankruptcy
(DBN)

NY: Village IHOP location hit with curious bankruptcy filing
(DBN)

Final report issued in Garnaas bankruptcy
(DBN)

Grand jury probing title company whose CEO killed self with a nail gun
(DBN)

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Municipalities:

Judge gives Detroit more time to consider dumping leases
(DBN)

Retirees: Show us pension deal
(DBN)

Orr urges unions to reach agreement or risk funding toward pensions
(DBN)

Home demolitions turn Detroit into blank canvas
(DBN)

Russian oligarchs and Brazilian millionaires interested in DIA? Orr was speaking metaphorically
(DBN)

Public Pension Millionaires
(DBN)

The Least Federally Dependent States in US
(DBN)

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Oil/Gas:

Global Geophysical Seeks Chapter 11 Bankruptcy Protection
(DBN)

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Retailing:

Specialty retailer Brookstone plans bankruptcy filing
(DBN)

Target missed warning signs leading to breach: Senate report
(DBN)

Food Stamp Use Now Troubling to Walmart
(DBN)

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Distressed Investing:

U.S. Distressed Debt Spreads Reach 5-Year High
(DBN)

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Mass Torts:

Plaintiff Lawyers Oppose Manufacturer's Lonely Quest To Open Asbestos Claims Files
(DBN)

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Healthcare:

What's Next For Bankrupted Northern Berkshire Healthcare
(DBN)

North Adams Regional Hospital protest planned, 109-bed hospital to close Friday --- Hospital closing due to financial status, leaving 500 jobless --- Patients, workers prepare for battle
(DBN)

Natchez hospital bankruptcy petition filed
(DBN)

Interfaith Hospital Gets New Leadership --- State commits to Interfaith
(DBN)

Missouri Chamber: 1000 hospital jobs cut in 6 months
(DBN)

Progress at another beleaguered Brooklyn hospital?
(DBN)

Former Assets Of Bankrupt Integrated Medical Systems Inc. Up For Bid
(DBN)

Universal Health employees want answers about 401(k) money
(DBN)

Why Employers will Stop Offering Health Insurance
(DBN)

The Most and Least Healthy Counties in America
(DBN)

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Aviation:

Italy sees Etihad-Alitalia deal decided soon
(DBN)

Malaysia Airlines Is Baffled By The Negative Comments It's Getting --- Chicago firm moves toward suit over Malaysia plane --- Thai satellite finds 300 floating objects in jet search
(DBN)

Malaysia Airlines Flight 370: How much will families be paid? --- Struggling Malaysia Air May Need Government Bailout
(DBN)

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Currency:

Mt. Gox Creditors Band Together to Recover Assets
(DBN)

Some Mt. Gox Customers Want Founder out During Bankruptcy
(DBN)

Bitcoin exchange sees unexplained transactions
(DBN)

Bitcoin Exchange MtGox Hands Over Electronic Records and Other Documents to Police
(DBN)

Mt. Gox Creditors Ask Court to Order CEO Karpeles to U.S.
(DBN)

Taxes Won't Kill Bitcoin, but Tax Reporting Might
(DBN)

Given That Bitcoin Is A Thing Of Value It Was Always Going To Be Taxed As A Thing Of Value
(DBN)

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Toilet Seats:

Wood Toilet Seat Maker, One-time Giant, Seeks Buyer
(DBN)

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Compensation:

Dismantling CEOs' golden parachutes
(DBN)

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New Bankruptcy Opinions
(4 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (29 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (5 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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Bankruptcy Reform:

House Judiciary Committee Holds Hearing on Chapter 11 of the Bankruptcy Code --- Exploring Chapter 11 Reform: Corporate and Financial Institution Insolvencies; Treatment of Derivatives --- Witnesses: Christopher Sontchi --- Seth Grosshandler --- Jane Vris --- Thomas Jackson --- Michelle Harner
(DBN)

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Discharge:

Debtor Committed Defalcation by Spending Brother's Money During His Incarceration
(DBN)

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TBTF:

Fed: Taxpayer subsidy for 'Too Big To Fail' banks? $8.5 billion
(DBN)

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Sovereigns:

Odious Debt, Dubious Notion?
(DBN)

Hedge Fund World Snickers As Elliott Sues Argentina Over Space Plans
(DBN)

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Television:

Houston Sports Channel Asks to Rerun Ads
(DBN)

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Personal Finance:

61 One-Sentence Rules That Will Make You Better With Money
(DBN)

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Alternative Energy:

Biofuel Startup KiOR Threatens to Veer Off the Road
(DBN)

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Consumer Finance:

There are almost as many payday lenders as McDonald's and Starbucks --- Payday loans trap people in 'spider webs of debt' --- CFPB Report Points to Payday Lending Clampdown
(DBN)

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Food/Beverage:

Sunland sale still in limbo
(DBN)

Battle over closed peanut butter plant not over
(DBN)

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Agriculture:

Elevator bankruptcy settlement proposed
(DBN)

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Bankruptcy Crimes:

Litchfield Park business owner pleads guilty to federal charges of hiding assets
(DBN)

Ex-exec indicted on fraud charges
(DBN)

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Sovereigns:

The Pari Passu Posse Arrives. (And Paul Singer Goes to Space.)
(DBN)

Mexico backs Argentina's U.S. legal battle with "vulture funds"
(DBN)

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UK:

“Simplification” of insolvency regulation
(DBN)

Going broke to avoid taxman is latest celeb trend, warns leading bankruptcy expert
(DBN)

RBS Said to Consider $550 Million Sale of Irish Hotel Assets
(DBN)

Fitch: Co-op Bank Capital Raising Flags Strategy Execution Risks
(DBN)

Fitch Revises Lloyds Banking Group's Outlook to Negative
(DBN)

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PIIGS:

Bank of Spain sees growth but high joblessness --- Spanish economy to grow 1.2% in 2014, says central bank --- Fitch Revises Popular's Outlook to Negative; Affirms at 'BB+'
(DBN)

Italy's Financial Woes Play Out on the Opera Stage
(DBN)

Greek court rejects Dias' bid for bankruptcy protection
(DBN)

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Ukraine:

US Intelligence: Russia May Be Getting Ready To Invade Eastern Ukraine --- Radicals Keep Ukraine on Edge as Loyalties Start to Fray --- Ukrainian Women Have Launched a Strike Against Russian Men --- IMF hopes to announce $15 billion for Ukraine on Thursday --- IMF says it will provide Ukraine with up to $18B in assistance over next 2 years
(DBN)

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Russia:

Crimea only a temporary distraction from Russia's economic woes, expert says --- The Economic Costs Of Annexing Crimea Are Mounting For Russia
(DBN)

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China:

Second branch of Chinese bank swamped as depositors pull cash
(DBN)

How rumor sparked panic and three-day bank run in Chinese city
(DBN)

Chinese police detain suspect after rumor sparks rural bank run
(DBN)

Jiangsu Province rural banks not at risk
(DBN)

Where Is China's Debt Bomb Hiding?
(DBN)

Citic Group outlines massive restructuring
(DBN)

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