May 13, 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:

Ex-Dewey Leaders Fight Trustee's Bid to Reclaim Payments
(DBN)

Could Raises At Global Law Firms Signal More Raises For All?
(DBN)

The Generational Divide In Perceptions Of In-House Counsel
(DBN)

Rookie Prosecutors in Massachusetts Make Less than Courthouse Custodians
(DBN)

Law Student Turns Down Summer Job With Salary Of ‘McDonald’s Hourly Worker’
(DBN)

Why bankruptcy lawyers shouldn't try medical malpractice cases
(DBN)

Small firms go entrepreneurial
(DBN)

Business of Law
(DBN)

Law firms treat men better than women
(DBN)

The mobile client
(DBN)

It's Time to Fix Legal's No. 1 Problem
(DBN)

New GoodReader App Improves PDF Management, Editing
(DBN)

It’s Official: LinkedIn is Shutting Down CardMunch
(DBN)

Lawyers Will Crave Lenovo ThinkPad 8 Tablet
(DBN)

Lawprose: "what"
(DBN)

The Huge Comma Mistake That Even Educated People Make
(DBN)

The Office Workout You Can Do At Your Desk In 4 Minutes
(DBN)

6 Reasons Why E-Newsletters Beat Blogging As A Content Marketing Tool for Lawyers
(DBN)

Judge sanctions insurer $50K because its lawyer couldn’t settle dog-bite case for $750K
(DBN)

BigLaw tax chief loses personal IRA case; rollovers for all taxpayers now limited to one per year
(DBN)

Trial By Combat: It Was Real And Spectacular
(DBN)

Oscar Pistorius has anxiety disorder, psychiatrist says; his mom slept with a gun under her pillow
(DBN)

Man suspected of stealing toilet from restaurant
(DBN)

Shoot to become a Mars colonist or a lawyer? Texas man must decide
(DBN)

Top London lawyer loses damages claim against law student who 'breached his confidentiality' by telling his daughter and colleagues about their liaisons
(DBN)

Slain woman called police an hour before law grad killed her, '48 Hours' says
(DBN)

Donald Sterling Criticizes Black People, Rips Magic Johnson For Having HIV In Trainwreck CNN Interview --- Donald Sterling: Magic Johnson Should be Ashamed to Have HIV
(DBN)

? The Good Wife Is an Accidental Racist
(DBN)

Say What?!
(DBN)

______________

Judges:

Partisan split on Supreme Court is extraordinary by historical standards, study says
(DBN)

Judge Posner Responds to Latest Criticism in Feud
(DBN)

Judge: Is law merely politics by another name?
(DBN)

Supreme Court puts its legitimacy at risk
(DBN)

Liberals Wants Senate to Block Judicial Picks
(DBN)

Thoughts On The Letter Of The Law — And How To Get A SCOTUS Clerkship With Weak Grades
(DBN)

A History of Supreme Court Snark
(DBN)

Judge Who Posted Sex Ad Retires From Bench
(DBN)

______________

Wall Street:

US Stock -Index Futures Are Little Changed After Record Close
(DBN)

US Stocks Rally; S&P 500, Dow Hit Record
(DBN)

______________

Layoffs:

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Telecoms:

Nortel’s remaining $7.3 billion up for grabs in bankruptcy courts
(DBN)

____________

Electricity:

Energy Future Creditors Seek Seats on Bankruptcy Panel
(DBN)

Bond Trustees Named to Energy Future's Creditor Committee
(DBN)

____________

Celebs:

Coaches Gottfried, Franchione testify at Donnan bankruptcy trial
(DBN)

George Clooney's Lawyer Fiancee Amal Alamuddin Wears Huge Engagement Ring
(DBN)

NFL players warn rookies: Stop spending!
(DBN)

____________

Fraud:

Texas' Wyly brothers committed fraud, US jury finds --- Wylys Used Offshore Trusts to Hide Trades Jury Finds
(DBN)

TelexFree co-owner who fled to Brazil may be elusive
(DBN)

Prosecutors Seek Sentence of More Than Five Years for SAC Employee
(DBN)

Pay Dispute Threatens Some High-Cost Legal Cases in Britain
(DBN)

Michigan Man Convicted Of $46 Million Ponzi Scheme
(DBN)

____________

Healthcare:

Sale of Long Beach Medical Center, nursing home OKd by bankruptcy judge
(DBN)

Palm Drive non-profit requesting mediation
(DBN)

Douglas hospital fined for deficiencies
(DBN)

Nicholas County Hospital announces closing, will file for bankruptcy
(DBN)

Whistleblower lawsuit exposes health company for Medicare fraud
(DBN)

Turns Out Obamacare Premiums Aren't More Expensive After All
(DBN)

____________

Pensions:

Pension Funds Wrestle With What to Do With Cash From Private Equity
(DBN)

New York state pension ends fiscal year with record assets
(DBN)

The Supreme Court saddles up for an attack on retiree benefits
(DBN)

____________

Electricity:

SME reorganization plan moves toward final hearing
(DBN)

____________

Agriculture:

Bankruptcy Trustee’s Action For Crop Reinsurance Proceeds Is Time-Barred
(DBN)

___________

Currency:

Bitcoin miner startup slapped with involuntary bankruptcy petition
(DBN)

____________

Religion:

Diocese: August deadline for sex-abuse claims
(DBN)

____________

Economy:

U.S. Posts Smaller Budget Surplus in April Than Forecast
(DBN)

Housing, Autos Could Damp Retail Sales
(DBN)

Tuesday: Retail Sales, Q1 Household Debt and Credit
(DBN)

10 Calm Parts of Tim Geithner’s Memoir
(DBN)

The Mysterious Death of Entrepreneurship in America
(DBN)

America’s Nine Most Damaged Brands
(DBN)

Why society is failing to stop global warming
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

Lawler: Preliminary Table of Distressed Sales and Cash buyers for Selected Cities in April
(DBN)

Housing Tracker Existing Home Inventory up 9.4% year-over-year on May 12th
(DBN)

Update: Framing Lumber Prices
(DBN)

MBA: Applications for New Home Purchases Increased in April 2014
(DBN)

___________

Municipalities:

Bankruptcy judge blasts Detroit lawyers for release of confidential documents --- In wake of $16.6M bill, judge asks Jones Day to explain disclosure of confidential Detroit docs
(DBN)

U.S. objects to Detroit debt plan in bankruptcy court --- Oakland, Macomb counties object to Detroit's bankruptcy plan --- Objections all around to Detroit bankruptcy plan
(DBN)

Detroit Three automakers mull Grand Bargain donation in tens of millions
(DBN)

Detroit creditors begin voting on bankruptcy plan amid pension discord
(DBN)

Pensions vs. Art in Detroit's Bankruptcy
(DBN)

DIA seeks to block removal of artworks for valuation in bankruptcy fight
(DBN)

Dissecting the bankruptcy cuts to Detroit savings plans
(DBN)

Lawmakers to hold hearing on Detroit bankruptcy
(DBN)

Bolger's union demand imperils 'grand bargain' in Detroit bankruptcy
(DBN)

In Michigan, Mixed Feelings on Aid to Detroit
(DBN)

Detroit Tries to Sell Itself, One House at a Time
(DBN)

Bankruptcy end no partisan goal
(DBN)

Detroit's manager to make city's case before lawmakers --- Bills tied to Detroit aid on fast track as Kevyn Orr heads to Lansing
(DBN)

Bankrupt California city poised for comeback
(DBN)

Bankrupt Stockton Defends Financial Plan In Court
(DBN)

Franklin Templeton Investments Opposed To Stockton’s Bankruptcy Plan
(DBN)

Ambac, MBIA Earnings Will Gauge Muni Bond Recovery --- Ambac Announces First Quarter 2014 Results
(DBN)

Doral Financial Gains As Co. Seek Payments from Puerto Rico - Demands $230 Million
(DBN)

Desert Hot Springs looks to avoid bankruptcy
(DBN)

Rhode Island on Negative Watch by S&P on 38 Studios Default Risk
(DBN)

Creditor Tells Bankruptcy Judge Stockton Is Recovering, Firms Deserve Better Settlement
(DBN)

Stockton in 'fight for its life'
(DBN)

California Puts $750M into Retaining Companies
(DBN)

Taxes, Job Market Causing People to Leave Illinois
(DBN)

The best and worst states for business
(DBN)

____________

Aviation:

American Airlines: Exiting Bankruptcy Into A Successful Turnaround Has Added Value
(DBN)

US Airways Pilots Still Fight for Pension Payouts, 11 Years After Bankruptcy Case
(DBN)

Rock Airport bankruptcy gets closer to resolution
(DBN)

Court Mulls $53M Settlement of Class Suit by Former TWA Pilots
(DBN)

____________

Weddings:

Wake Forest wedding venue Crenshaw Hall files for bankruptcy – again
(DBN)

____________

Furniture:

Easy Life Furniture prepares to exit
(DBN)

____________

Food/Beverage:

Quiznos Wins Bankruptcy Court Approval of Its Recovery Plan
(DBN)

Court ruling keeps hidden the Benda investigation
(DBN)

The Skinny On Subscription Food Services
(DBN)

Etiquette Rules For Dining At Fancy Restaurants
(DBN)

____________

Autos:

GM Ignition-Switch Death Suit Should Be Revived, Lawyer Says
(DBN)

GM Ignition Switch Death Suit Refiled Over Fraud Claims
(DBN)

Hertz Attempts to Buy Back in Bankruptcy 10 Locations It Sold Due to Competition Concerns
(DBN)

Treasury chief didn't know auto task force fired GM's Wagoner
(DBN)

Chrysler posts $690-million, 1st-quarter loss
(DBN)

'A whole new ball game for Chrysler': Analyst
(DBN)

____________

Consultants:

AlixPartners Gets Early Win in Trade-Secrets Suit Against McKinsey --- Ex-AlixPartners Consultants Barred From Using Trade Secrets
(DBN)

____________

Corporate Governance:

When the Majority Doesn’t Rule
(DBN)

____________

Chemicals:

Momentive seeks court approval of RSA, backstop agreement
(DBN)

Apollo's Momentive Sues Trustees Over Interest Payments
(DBN)

____________

Politics:

Wisconsin Democrat’s bike business hasn’t paid state income taxes for three decades
(DBN)

____________

Lehman:

Lehman Trade a Gift That Keeps Giving for Paulson to King Street
(DBN)

____________

Financial Literacy:

Millennials Have No Idea How Credit Scores Work
(DBN)

____________

Startups:

The 10 Worst Myths About Entrepreneurs
(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 (21 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (47 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)

______________

Credit Bid Survey Results: A New Trend Developing?
(DBN)

Cross-Border:

U.S., Canadian courts begin unusual trial over Nortel billions
(DBN)

____________

Sales:

Free Lance-Star lender turned down in appeal
(DBN)

____________

Bankruptcy Remoteness:

Oregon Bankruptcy Court Throws Out Pre-Bankruptcy Waiver
(DBN)

____________

Eligibility:

Wisconsin Bankruptcy Court Says “I Do” to Same-Sex Spouses’ Bankruptcy Petition
(DBN)

____________

Recent Pleadings:

 

______________

Insurance:

Lender Liability Coverage: Contractual Liability Exclusion Does Not Preclude Coverage for Interrelated Claim
(DBN)

____________

Oil/Gas:

Fracking: A border tale of boom and bust
(DBN)

____________

Hotels:

Vegas Is Tearing Down This Empty Hotel That Never Opened
(DBN)

____________

Banking:

Welcome the new era of bank downsizing
(DBN)

Banks Inside Walmarts Making Out on Fees
(DBN)

2 Banking Giants Implore U.S. Authorities to Go Easy
(DBN)

____________

Retailing:

How Can RadioShack Avoid Bankruptcy ?
(DBN)

____________

Mass Torts:

Trustee Seeks OK for $100M Tainted Steroid Settlement
(DBN)

Chemical spill company in bankruptcy court Tuesday
(DBN)

____________

Shipping:

Vulture Investors Won't Be Propping Up Genco's Price For Much Longer
(DBN)

Genco Shipping official equity committee appointed; full list
(DBN)

____________

Brokers:

MF Global trustees seek tighter leash on Corzine's legal fees
(DBN)

____________

Personal Finance:

9 Habits That Will Help You Build Wealth On A Small Salary
(DBN)

____________

Manufacturing:

Bankruptcy judge approves $22M Hedwin Corp. sale
(DBN)

____________

UK:

UK: Fear of public exposure shames stars into paying taxes
(DBN)

Houses Prices In Britain Are Rising Really Fast
(DBN)

____________

EU:

€151M inflow to European high yield funds
(DBN)

German Central Bank May Support 'significant' ECB Easing
(DBN)

The Most Famous Housing Crash In Europe Is Starting To Turn Around
(DBN)

German Economic Sentiment Plunges
(DBN)

____________

PIIGS:

UniCredit returns to profit as bad loans fall
(DBN)

Quinns’ receiver seeks time to consider explanation for blank laptop hard drive
(DBN)

____________

Canada:

New Brunswick cautioned to make cuts now to avoid bankruptcy
(DBN)

Pensioners settle in for Nortel hearings
(DBN)

Canada prosecutors charge driver in Lac-Megantic railway crash --- Three people, rail company face charges
(DBN)

____________

France:

Vivarte considers debt restructuring options
(DBN)

____________

Ukraine:

Russian declares Ukraine must pay its gas bill or be cut off --- Europe's Nightmare Is Starting
(DBN)

____________

Russia:

Tatarstan Airlines bankruptcy hearing postponed until May 27
(DBN)

____________

Brazil:

Eike Batista Files Appeal of Court Order That Froze About $55 Million
(DBN)

____________

Australia:

'Wolf of Wall Street' Jordan Belfort tries to bankrupt Australian former partner
(DBN)

____________

South Korea:

Chonghaejin on verge of bankruptcy
(DBN)

____________

China:

More Slowdown In China
(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