May 19, 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:

Kirkland partner offers ‘Top 10’ list of email topics that don’t require a firmwide blast
(DBN)

In Defense Of The Kirkland Partner’s Controversial Email
(DBN)

What Are Employers Looking For When They Hire New Attorneys?
(DBN)

Votes on Patton-Squire Merger Could Come Next Week
(DBN)

Moves by Law Firms Could Shift Profession's Center of Gravity
(DBN)

Economy Keeps Adding Jobs, But Not for Lawyers
(DBN)

Business of Law
(DBN)

‘Till Debt Do Us Part’: A Law School Graduation Proposal You’ve Got To See
(DBN)

DLA Piper launches probe over reports that partner referred to women as ‘gash’ in email exchange --- Sexist emails were exchanged with top lawyer Nick West
(DBN)

People Actually Trying To Defend ‘You Can Do Anything With A Law Degree’
(DBN)

If Software Is Eating the World, Is Law Next?
(DBN)

Unemployed Lawyer Plans Hunger Strike On Steps Of Supreme Court
(DBN)

Scalia: Law Schools Are Charging Students and Paying Professors Too Much
(DBN)

One step law schools could take: Lop off the third year
(DBN)

Georgetown Law School Graduates Are 3X More Likely to Work for Big Law
(DBN)

17 Law Schools in the Mid-Atlantic Region, Ranked by Graduate Employment Data
(DBN)

How the Northeast's Law Schools Rank Based on Graduate Employment
(DBN)

A&O mulls 20 per cent female partnership target in diversity push
(DBN)

Noisy pigeons force abandonment of law exam
(DBN)

The Republican Leading The Benghazi Probe Is Famous For His Courtroom Theatrics
(DBN)

Here's Why You Should Always Make The First Offer In A Negotiation
(DBN)

Cops take down drugstore robber carrying GPS-tagged pills
(DBN)

Sterling Turns to Pioneering Antitrust Attorney in Fight With NBA --- Long Shot for Sterlings to Stop a Forced Sale of the Clippers --- The Mystery of Donald Sterling's Hidden Life
(DBN)

Law firm covers bill for juror whose car was towed during trial of tow truck driver
(DBN)

The Crowd-Funded Sexual Misconduct Case Against A Yale Professor May Not Hurt Who You Think It Does
(DBN)

Man Wearing Bulletproof Vest Says “Shoot Me”, Dies From Gunshot Wound
(DBN)

______________

Judges:

Here's The New Favorite Way Supreme Court Justices Insult Each Other
(DBN)

Justice Scalia: The Current Law School Model Is ‘Not Sustainable’
(DBN)

______________

Wall Street:

US futures slip lower as sentiment wanes
(DBN)

Stocks Waver, Then Close Slightly Higher
(DBN)

____________

Layoffs:

The odds you’ll join the ranks of the long-term unemployed
(DBN)

Krugman: Unemployment: It’s Not Personal
(DBN)

How To Answer The Most Common Job Interview Question
(DBN)

There are some jobs now in manufacturing. Kids just aren’t interested in taking them.
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Retailing:

Is JC Penney on the road to recovery? --- JC Penney 'doesn't look like going broke' --- Analyst on J.C. Penney: Don't Chase This Rally
(DBN)

Wal-Mart Stores Given “Neutral” Rating
(DBN)

RadioShack running out of options
(DBN)

RadioShack lenders take hard line on store closings
(DBN)

____________

Banking:

Unofficial Problem Bank list declines to 502 Institutions
(DBN)

Bank Failure #7 in 2014: AztecAmerica Bank, Berwyn, Illinois
(DBN)

____________

Healthcare:

2 Iowa nursing homes seek bankruptcy protection --- Owner seeks bankruptcy protection for 2 nursing homes
(DBN)

Nicholas County Hospital closing due to finances
(DBN)

Long Beach emergency hospital unit to be up by July 1, officials say
(DBN)

Why it stinks to be uninsured
(DBN)

____________

Autos:

GM Judge Sets Rules for Multibillion-Dollar Recall Fight
(DBN)

Judge: GM customers must delay filing lawsuits until at least Sept. 1
(DBN)

GM Legal Dept. Probed Over Recall
(DBN)

Who Knew What When
(DBN)

General Motors hit with $35 million fine over defective ignition switch
(DBN)

Regulators put GM on short leash --- Can GM regain confidence of regulators, consumers?
(DBN)

Are Heads About to Roll at GM?
(DBN)

GM's Attempt To Snuff Out Smoking-Gun Memos Breeds Own Smoking-Gun Memo
(DBN)

What's ahead for General Motors
(DBN)

Corporate culture: Behind the scenes at GM
(DBN)

69 Words GM Engineers Can't Use
(DBN)

Unsold Cars Piling Up at Dealerships
(DBN)

____________

Brokers:

District Court decision significantly raises bar to clawback claims in broker–dealer liquidations
(DBN)

____________

Mass Torts:

Judge OKs Freedom Industries’ sale of Poca Blending; legal costs pile up for bankrupt chemical company
(DBN)

CEO hopes town where 47 died will OK oil trains
(DBN)

____________

Economy:

The State Of The Four Official Recession Indicators
(DBN)

US industrial output posts biggest drop in more than 1-1/2 years
(DBN)

Consumer Sentiment Drops Due to Slow Wage Growth
(DBN)

Goldman Just Hacked Its Forecasts For US Housing And GDP Growth
(DBN)

The Case Against the Bernanke-Obama Financial Rescue
(DBN)

Credit Card Delinquencies and Debt Decline From 2013
(DBN)

How Thomas Piketty and Elizabeth Warren demolished the conventional wisdom on debt
(DBN)

Warren Buffett Admits His Biggest Weakness
(DBN)

How The US Is Still Racially Divided
(DBN)

In Michigan, a minimum wage hike that 'undercuts democracy'
(DBN)

US Safety Net Shrank for Poorest of the Poor
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

CoStar: Commercial Real Estate prices increased in Q1, Distress Sales just 10% of all sales
(DBN)

Updated Table of Distressed Sales and Cash buyers for Selected Cities in April
(DBN)

Real Estate Bubble Goes Global
(DBN)

9 Ways The American Home Has Changed Since The 1970s
(DBN)

Builders are breaking ground on more homes. But you won’t be able to buy them
(DBN)

Stuytown bid set for controversy
(DBN)

Apartments, Not Houses, Driving Recovery
(DBN)

Historic Va. plantation heading to auction
(DBN)

48 lots up for auction around Revel casino in Atlantic City
(DBN)

Mortgages for the Masses
(DBN)

___________

Municipalities:

Ambac Fights Detroit s LTGO Treatment as Offensive
(DBN)

Police union files objection to Detroit bankruptcy, calls city 'cynical'
(DBN)

Detroit bailout races Mackinac deadline
(DBN)

‘We can expect to see more Detroits,’ says bankruptcy adviser
(DBN)

Retiree documents: Detroit should go solo with water authority
(DBN)

Footage of The Abandoned Detroit Silverdome Is Very Eerie
(DBN)

A tree-planting army invades Detroit neighborhood to turn vacant land into future forest
(DBN)

CalPERS, San Bernardino agree to delay bankruptcy appeal
(DBN)

Pensions back on the agenda in Stockton's bankruptcy
(DBN)

Judge seems ready to say pensions not protected
(DBN)

Some Rhode Island Schilling bonds weaken with default risk
(DBN)

Flint May Be the Next City to Go Bankrupt
(DBN)

$125 Billion In Unfunded Pension Deficits Is Crowding Out Other Funding
(DBN)

The 25 Best US Cities For Small Business
(DBN)

____________

Education:

Congratulations, class of 2014: You’re totally screwed
(DBN)

10 Charts That New College Graduates Are Going To Hate
(DBN)

____________

Telecoms:

LightSquared Keeps Burning Cash
(DBN)

____________

Celebs:

Girls Gone Wild founder arrested
(DBN)

The Broke and the Beautiful: Dr. Dre Edition
(DBN)

NFL, lottery riches often lead to bankruptcy
(DBN)

Donnan found not guilty
(DBN)

____________

Politics:

The book on Elizabeth Warren
(DBN)

____________

Electricity:

Energy Future Sued by Lenders’ Trustee for $665 Million
(DBN)

Senior Lenders Buttress $665M Claim in Energy Future Case
(DBN)

Energy Future sued over bankruptcy refinance plan
(DBN)

Energy Future seeks OK for 2nd-lien DIP as it evaluates rival offer
(DBN)

____________

Hotels:

Boca Raton hotel sold in bankruptcy auction
(DBN)

____________

Apparel:

Jones has lone bid on Hardwick
(DBN)

____________

Food/Beverage:

Quantum Foods to liquidate after sales deal falls through
(DBN)

____________

Aviation:

Thinner Economy Seats vs. First Class
(DBN)

____________

Currency:

U.S. states take lead in writing bitcoin rules
(DBN)

____________

Chemicals:

Momentive creditor panel ‘reluctantly’ objects to DIP
(DBN)

____________

Oil/Gas:

Federal Oil Price Controls in Bankruptcy Cases: Government Claims for Repayment of Illegal Overcharges Should Not Be Subordinated as 'Penalties' under 11 U.S.C. §726(a)(4)
(DBN)

____________

Lehman:

Lehman’s Lesson: Keep It Simple
(DBN)

____________

New Bankruptcy Opinions
(11 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 (8 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: Sbarro Seeks Bankruptcy Exit
(DBN)

____________

Credit Bidding:

Virginia Bankruptcy Court Applies Fisker to Limit Lender’s Credit Bid
(DBN)

Credit Bid Buyers Beware: Delaware Bankruptcy Court Caps Credit Bid
(DBN)

____________

Avoidance Actions:

Valuing Tendered Shares in Fraudulent Transfer Cases
(DBN)

____________

Cross-Border:

Pushing the Borders of Chapter 15: When a Foreign Representative "Flouts" the Purposes of Cross-Border Insolvency in the United States
(DBN)

Cross Border Solution Of Banking Groups: International Initiatives And U.S. Perspectives
(DBN)

____________

Distressed Investing:

Attacks on Loan to Own Strategies Continue
(DBN)

____________

Settlements:

Delaware Bankruptcy Court Allows Debtor to Drop Lease Settlement for Higher Offer
(DBN)

____________

Recent Pleadings:

Coldwater Creek Committee Slams DIP Loan: Debtors "Abdicated Fiduciary Duties", "Gave Away The Syore"
(DBN)

______________

TBTF:

Summers, Taleb in epic battle over big banks
(DBN)

Faith-Based Markets
(DBN)

AIG Lied During Government Bailout, Former Executive Says
(DBN)

____________

Fraud:

Ex- SAC Capital Trader Steinberg sentenced to 3½ years
(DBN)

US judges review central element of insider trading law
(DBN)

Rogue trader Kerviel in last-minute bid to avoid prison --- Rogue trader demands to see Hollande
(DBN)

Judge delays ruling on release of Merrill in TelexFree case
(DBN)

Bernie Who? Many Investors Unaware of Madoff Fraud, Study Shows
(DBN)

____________

Corporate Governance:

The changing role at the top
(DBN)

____________

Gambling:

Lawyers tussle over Argosy bid to keep Sioux City casino open
(DBN)

____________

UK:

Bank Of England Warns Of 'Deep' Problems In British Housing Market
(DBN)

Chris Sutton declared bankrupt after being given "bad financial advice" from fraudster
(DBN)

Legal claims over RBS cash call near 4 billion pounds
(DBN)

____________

EU:

Deutsche Bank prepares 8 bln euro capital hike, Qatar to take stake
(DBN)

____________

PIIGS:

Portugal exits bailout program
(DBN)

Moody's upgrades Ireland's credit rating by two notches
(DBN)

Monte Paschi foundation chairwoman to leave in June -report
(DBN)

____________

Ukraine:

'Project Ukraine': Russia Has Been Planning Its Moves For Months --- Why Crimea Takeover? Oil, Oil and More Oil --- Putin Orders Troops Near Ukraine Back to Base
(DBN)

____________

Switzerland:

Swiss Voters Reject $25 An Hour Minimum Wage
(DBN)

____________

Brazil:

Batista's OSX presents restructuring plan --- OSX Proposes Repaying Creditors Over 24 Years
(DBN)

Eike Batista Says Failed Co Debt Will Take 25 Years To Pay Back
(DBN)

OSX Restructuring Plan Foresees Leasing, Partnerships at Shipyard
(DBN)

____________

Pakistan:

ICCI urges SBP to formulate balanced bankruptcy law --- Businessmen demand bankruptcy law
(DBN)

____________

China:

Rogoff: China is the Next Bubble to Burst
(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