May 1, 2014

The Daily Bankruptcy News

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Law:

Layoff Watch: Shaping Up For Summer
(DBN)

Carol Flaton on the Rural/Metro Ruling --- Philip C. Dublin --- Lisa Donahue --- Richard A. Chesley
(DBN)

Stark Gender Disparities in Income Shown in Law Firm Survey
(DBN)

Kirkland Grabs Role on Big Bankruptcy From Bygone Era
(DBN)

McGuireWoods Adds Restructuring Partner in London
(DBN)

3 Things Wrong With Above the Law’s Law School Rankings
(DBN)

The Law Schools With The Least-Indebted Graduates
(DBN)

Law school leaders are dividing into two camps: stuck v. serious
(DBN)

Can Columbia Trump Yale Law School
(DBN)

Creating a Good Internet Image
(DBN)

Work. Life. Balance.
(DBN)

The Rights Of Associates
(DBN)

On The Side
(DBN)

Anonymous Recruitment Director Answers Your Email Questions
(DBN)

Skadden Best Branded Law Firm for Third Year in a Row
(DBN)

Gordon Silver Opens Los Angeles Office On May 1, 2014
(DBN)

Don't Foul Out: Three Pointers for GCs From L.A. Clippers/Donald Sterling Crisis
(DBN)

Athletes Starving? Heisman Trophy Winner Caught Stealing Crab Legs From Publix
(DBN)

Hidden Camera Captures Teaching Assistants Choking, Beating Special Needs Students
(DBN)

What Donald Sterling could make if he’s forced to sell the Clippers --- Sterling: "Cash your chips old man" --- Here Are All The People Who Supposedly Want To Buy The Clippers --- Sports oligopolies and the economics of getting rid of Donald Sterling
(DBN)

Shoot First, Ask Questions Later — As Long As You Have Insurance
(DBN)

How To Survive Humiliation At Work
(DBN)

11 Signs Someone Is Lying To You
(DBN)

5 Classic Men's Shoes For Work And Play
(DBN)

Horrible Smog Causes Man To Seek Divorce
(DBN)

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Judges:

Supreme Court Corrects Justice Scalia's 'Cringeworthy Blunder' --- Justice Scalia Botches Precedent Written By… Justice Scalia
(DBN)

The Ginsburg-Scalia show
(DBN)

Sen. Cruz Praises Former Justice Stevens at Senate Hearing
(DBN)

NBA Commissioner Always Had the Makings of a Judge
(DBN)

Popular judge accused of using bench as ‘bully pulpit’ is reprimanded
(DBN)

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Wall Street:

U.S. Stock -Index Futures Little Changed Before Jobs Data
(DBN)

Dow Jones Industrial Average Closes at All-Time High of 16580
(DBN)

86 Years of U.S. Stock Market History
(DBN)

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Layoffs:

Net Employment Change by Major Industry, February 2010 to March 2014
(DBN)

US Truckers Have Been Stranded by Employers
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Healthcare:

Pittsfield hospital operator makes $4M bid for former North Adams hospital
(DBN)

Layoffs near at KMC; losses reach $3.4 million monthly
(DBN)

No ombudsman named to oversee BMC's use of ER
(DBN)

Tuomey preps for bankruptcy
(DBN)

Who Really Pays for Healthcare Surprising
(DBN)

____________

Celebs:

'Chrisley Knows Best' Cast Members to Lose Grand Mansion Amid Bankruptcy Filing?
(DBN)

____________

Autos:

US government says it lost $11.2-billion on GM bailout
(DBN)

Bankruptcy court may play a key role in GM class-action lawsuits
(DBN)

____________

Corporate Reform:

Criminal Liability Theories Aimed at Companies, Officers
(DBN)

Why Wall Streeters Don't Go To Jail
(DBN)

____________

Personal Finance:

How One Woman Paid Off $23,000 Of Debt In 15 Months
(DBN)

What I Wish I Had Known About Money When I Was 21
(DBN)

____________

Banking:

Barclays Bankers Better Get Ready For A Culture Shift
(DBN)

____________

Fraud:

SEC charges Utah-based retirement fund with fraud, freezes assets
(DBN)

Madoff's penthouse is up for sale again
(DBN)

Five signs your boss is a crook
(DBN)

____________

Brokers:

Corzine, Other MF Global Defendants Ask for More Insurance Money
(DBN)

____________

Currency:

Why A Group Of Rich Investors Is Trying To Bail Out Mt. Gox
(DBN)

Mt. Gox Trustee Wants Bankruptcy Case to Move Forward
(DBN)

____________

Gambling:

Restructurings: Waterford Gaming Joins LCD's Watchlist Of At-Risk Debt Issuers
(DBN)

Betting on Casinos, Part II
(DBN)

____________

Video Games:

Schilling asked to testify in Rhode Island review
(DBN)

____________

Lehman:

Lehman Trustee Plans $4 Billion Payout to Brokerage Creditors
(DBN)

____________

Golf:

Golf Club Dues Remain In Play After Chapter 7 Sale
(DBN)

____________

Economy:

US GDP falls to 0.1% growth rate – worse than expected --- BEA: Real GDP increased at 0.1% Annualized Rate in Q1 --- U.S. Economic Growth Slows To a Crawl in First Quarter --- Growth Freezes Up as U.S. Business Spending Slumps
(DBN)

The GDP Report Actually Wasn't That Bad --- Goldman's Take On The GDP Report --- Here's An Easy Way Of Seeing What Added To And Subtracted From GDP --- 3 Optimistic Takes On The Ugly GDP Report
(DBN)

Cost of Great Recession on the Human Body
(DBN)

Fed to scale back bond purchases by another $10 billion
(DBN)

Fed says economy improving a little --- FOMC Statement: More Taper, Economic Growth "picked up recently" --- Economists React to Fed Statement: ‘Entirely as Expected’ --- Parsing the Fed: How the Statement Changed
(DBN)

Traders keep bets on July 2015 for first Fed rate hike
(DBN)

Greenspan: Don't Blame Fed for the Crisis
(DBN)

Survey: Yeah, Rich Getting Richer
(DBN)

Private sector adds 220K jobs in April: ADP --- ADP Says Private Sector Added 220K Jobs In April, But Other Data Suggests Uneven Regional Hiring
(DBN)

Biggest Explosion In Health-Care Spending In Over 30 Years Has Big Impact On GDP
(DBN)

Nearly Half of New Yorkers Are Struggling to Get By, Study Finds
(DBN)

House to Hold Hearing on Poverty
(DBN)

Why China Is About To Become The World's Biggest Economy — Even Though People Thought This Was Years Away --- Everybody chill out: China’s economy is still only half the size of ours
(DBN)

The Countries Where It's Easiest To Become A Self-Made Billionaire
(DBN)

More reasons why the U.S. is the best place to be rich
(DBN)

GOP Blocks Minimum Wage Increase
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Landlord Lease Claims: Avoiding the Statutory Cap – Round 1
(DBN)

Rents Soar To Record High As Homeownership Rate Plunges To 19 Year Low
(DBN)

Fannie Mae, Freddie Mac may need $190 billion in big downturn -regulator
(DBN)

FHFA Violating Its Role As Fannie, Freddie Conservator: Legal Expert
(DBN)

Suspect arrested in in murder of Menachem Stark, Brooklyn business man found dead in dumpster --- Two in custody
(DBN)

Deutsche Bank Says Landlord Ruling May Flood Courts
(DBN)

Wholesale AE Coached Brokers in Mortgage Fraud
(DBN)

___________

Municipalities:

Kevyn Orr: Speedy vote on state cash for Detroit bankruptcy settlement would help process
(DBN)

Lawmakers' 10-bill package governing $350M bankruptcy payment could come next week
(DBN)

Bankruptcy deals' aid comes with strings attached
(DBN)

Federal judge weighing constitutionality of Michigan's emergency manager law
(DBN)

Plan floats Detroit oversight panel after bankruptcy
(DBN)

Snyder: Detroit oversight can be done through consent agreement
(DBN)

Local road advocacy group wades into Stockton bankruptcy case
(DBN)

Stockton: Creditor won't budge on debt
(DBN)

Defaults Fall to 2009 Level as Riskiest Debt Rises
(DBN)

'Financially distressed' cities look for exit from state Act 47 recovery plans
(DBN)

Cities, states to lose big if highway fund disappears
(DBN)

Krugman: The Folly of Prudence
(DBN)

____________

Electricity:

Energy Future Bankruptcy Opens With Battle Over Venue
(DBN)

Energy Future has $11.8 bln to fund operations, challenges bondholders --- Energy Future Heads to Court to Line Up Bankruptcy Financing
(DBN)

Chapter 11 surprise — sometimes junior debt holders win
(DBN)

Junior creditors are testy over Energy Future Holdings bankruptcy
(DBN)

Energy Future Bankruptcy Pits Marathon Against Apollo
(DBN)

Texas-sized bankruptcy began with tacos at the Capitol
(DBN)

How TXU's 'bankrupt' owners could still win
(DBN)

Energy Future Holdings dishes out millions in executive compensation while filing for bankruptcy
(DBN)

Energy Future Winners and Losers: Buffett's 'Big Mistake'
(DBN)

Energy Future Holdings Could Find New Life Through Bankruptcy
(DBN)

Oncor spared in Energy Future Holdings bankruptcy
(DBN)

Oncor's ring fence has a $100M hole, analyst says
(DBN)

Utility's Demise Is a Boon for Blackstone
(DBN)

A Texas-sized bankruptcy for giant Texas energy deal
(DBN)

Fitch Downgrades IDRs of Energy Future Holdings Corp, EFIH, & TCEH Following Chapter 11 Filing
(DBN)

The Disastrous Energy Future Bankruptcy Is A Great Example Of The Perils Of High-Yield Investing
(DBN)

Texas utility bankruptcy reaches Colorado's shores
(DBN)

Energy Future Holdings files 2013 earnings
(DBN)

No clean slate for TXU heirs after bankruptcy exit
(DBN)

____________

Healthcare:

North Adams Regional Hospital: Berkshire Medical Center preparing now for pre-opening inspections
(DBN)

St. Francis Hospital bankruptcy plan gains OK
(DBN)

Krugman: Health Care Politics In One Sentence
(DBN)

Fitch Downgrades Citrus Memorial Hospital's Bonds; Maintains Evolving Watch
(DBN)

____________

Autos:

Grading the GC of General Motors
(DBN)

____________

Banking:

BNP Paribas Is Bracing Itself For A Fine 'Far In Excess' Of $1.1 Billion
(DBN)

First Mariner Bank price tag rises by $1M as local investors await regulatory approval
(DBN)

The Conundrum With the Banks
(DBN)

____________

Tax:

Could Britain be the next big tax haven?
(DBN)

Swiss Enabler to Plead Guilty in Credit Suisse Tax Case --- Credit Suisse Pressure Increases With Enabler's Guilty Plea
(DBN)

Pfizer's Pursuit Of AstraZeneca Highlights A Huge US Tax Loophole
(DBN)

____________

Fishing:

Pescanova expects new bailout bid to go through, as Pescafina plan gets nod
(DBN)

____________

Compensation:

For 15 Months Of Work, Marissa Mayer's Compensation As CEO Of Yahoo Has Been $214 Million
(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 (35 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (6 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)

______________

Jurisdiction:

Supreme Court Set to Rule on Waiver of Article III Rights
(DBN)

____________

Bankruptcy Fees:

Notice of Fee Changes Effective June 1, 2014
(DBN)

____________

Safe Harbors:

Bankruptcy Judge Criticizes Bankruptcy Code Section 546(e)
(DBN)

____________

Executory Contracts:

Executory Contracts: Sometimes Debtors Can Be Choosers!
(DBN)

____________

Privilege:

GCs Challenge Ruling Denying Privilege to Defunct Corporations
(DBN)

Remand Of Covington & Burling Disqualification Order
(DBN)

____________

Recent Pleadings:

Court Confirms Dreier Plan
(DBN)

______________

TBTF:

Countering 'Too Big to Jail'
(DBN)

Why Only One Top Banker Went to Jail for the Financial Crisis
(DBN)

Ex-AIG CEO Denied Jury Trial in Long-Running Civil Case
(DBN)

____________

Politics:

Elizabeth Warren's Moment
(DBN)

____________

Corporate Governance:

Survey: Existing and Potential Bank Directors Unwilling to Serve Due to Fear of Personal Liability
(DBN)

____________

Retailing:

Tough Choices Ahead For Coldwater Creek Workers
(DBN)

Barnes & Noble: Going out of business?
(DBN)

Millennials Are Becoming A Huge Problem For Retailers
(DBN)

____________

Video Games:

RI to use state funds for next payment to 38 Studios investors
(DBN)

____________

Telecoms:

Sorenson Communications exits Chapter 11
(DBN)

____________

Food/Beverage:

Sbarro Agrees to Pay Unsecured Creditors $1.25 Million
(DBN)

____________

UK:

Liquidations up from 2013, research reveals
(DBN)

Q1 2014 insolvency statistics – R3 comments
(DBN)

Insolvency Practitioners Association elects New President
(DBN)

Corporate Insolvency Remains Low at the Start of 2014
(DBN)

Insolvency and bankruptcy get worse
(DBN)

U.K. Manufacturing Grows More Than Forecast on Exports
(DBN)

Software developers suffer as IT companies endure rising insolvencies
(DBN)

Administrations update - the contributory rule and set-off of competing claims
(DBN)

A scheme too far? Scheme of arrangement sanctioned for Dutch company with New York law governed obligations
(DBN)

Retrospective extension of court appointed receiverships and COMI in bankruptcy - two recent decisions
(DBN)

Taalus creditors braced for £3m shortfall
(DBN)

____________

EU:

Cyprus taps markets for 1st time after bailout
(DBN)

____________

PIIGS:

Anglo Irish scandal 'a sorry story'
(DBN)

Italy Court Gives Dolce And Gabbana 18 Months In Jail In Tax Case
(DBN)

Codere Wins Reprieve in Debt Talks to Avert Insolvency Process
(DBN)

In Tax Wars Greeks Turn to After-Hours Dragnets
(DBN)

____________

Canada:

Mayor Rob Ford Is Headed To Rehab
(DBN)

____________

China:

China rejects sign it may soon be No. 1 economy
(DBN)

Chinese Manufacturing PMI Rises Less Than Expected
(DBN)

____________

Hong Kong:

Hong Kong Court further clarifies the legal principles in respect of winding up an unregistered overseas company
(DBN)

____________

Ukraine:

IMF says Russia has entered recession: report --- IMF Warns Further Sanctions Will Prolong Russian Recession --- Why the sanctions against Russia probably won’t work --- Masked gunmen tighten grip on eastern Ukraine --- Kiev Says It's 'Helpless' To Restore Order In East Ukraine --- Fitch Says U.S. Limiting Putin Sanctions to Help Bondholders --- Putin Isn't Blinking Over Ukraine — But His Time Is Running Out --- Here's What Ukraine Owes And The Help It Will Receive --- IMF approves $17bn bailout for Ukraine amid ongoing tensions --- Ukraine billions sought by US and UK
(DBN)

____________

MENA:

Israeli panel proposes new rules for managing debt-troubled firms
(DBN)

____________

 

 

 

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