May 8, 2014

The Daily Bankruptcy News

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Law:

The US lawyer bubble has conclusively popped
(DBN)

Ex-Howrey Partners Disgruntled With $4.2 Million Settlement
(DBN)

Bankruptcy trustees in court battle over unfinished business
(DBN)

Patton Boggs pays Chevron $15 million to settle fraud charges --- Concedes Fighting Chevron in Ecuador Was Folly --- Raises The White Flag
(DBN)

The World Doesn't Need 'Fewer' Lawyers, It Needs More Poor Lawyers?
(DBN)

Poor Lawyers - Ditch fantasy that if only you have worked on Wall Street
(DBN)

Those Law School Loans: Never better time to file for bankruptcy, getting them discharged
(DBN)

Business of Law
(DBN)

How Did Biglaw Fare In The First Quarter Of 2014?
(DBN)

In The Business Of Document Review, Contractors Lose
(DBN)

ATL Law School Rankings: All About The Jobs
(DBN)

Entering The Race: Advice For Law Students
(DBN)

Dean Lawrence Mitchell Was Making Out… Where?
(DBN)

Law Professor Doesn’t Want Her ‘Ghetto’ Award
(DBN)

Becoming an In-house Generalist, One Topic at a Time
(DBN)

Why In-house Lawyers Are Afraid of Math
(DBN)

"If I was on trial, I'd want a psychopath to represent me"
(DBN)

LawProse Lesson #162: Singular or plural pronoun with an entity?
(DBN)

New MacBook Air Review: Can the Best Get Better?
(DBN)

Why lawyers need to shower more
(DBN)

Don’t choose law as career – say 4 in 10 lawyers
(DBN)

Former In-House Lawyer Pleads Guilty to Theft, Gets 40-Year Prison Sentence
(DBN)

Brooklyn Man Arrested After Posting Of Cat Kicking Incident
(DBN)

Cleveland Kidnapping Survivor Forgives Ariel Castro In New Book About Her Harrowing Ordeal
(DBN)

Vet admitted keeping five caged dogs alive for their blood
(DBN)

Disbarred lawyer who stole $9 million sentenced to 40 years
(DBN)

Former law firm worker sent to prison for theft
(DBN)

9 charmingly vulgar lawyer personalized number plates
(DBN)

People Are Willing To Go To Extreme Lengths To Retrieve Their Stolen Smartphones
(DBN)

Cops: Parking meter officer stole $89K in coins
(DBN)

Cops: Baby mamas teamed up to ambush, assault father of their children
(DBN)

Islamist group massacres hundreds as Nigeria offers reward for kidnapped teen girls --- Boko Haram Kills 300
(DBN)

The Lethal Injection Cocktail Being Used In US Prisons Isn't Even Used On Animals
(DBN)

How The Owner Of A Wildly Popular Restaurant Chain Got Away With Murder
(DBN)

‘Affluenza’ teen’s family settles suit with paralyzed boy for $1.6 million
(DBN)

‘The Psychic Lawyer’: Probably Not A Psychic. Is He Even A Lawyer?
(DBN)

Lawyer charged with raping massage parlor workers pleads guilty
(DBN)

90 Year Old WWII Vet Busted as Drug Mule
(DBN)

Say What?!
(DBN)

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Judges:

Judge Can Ethically Participate As fashion Model For Law-Related Fundraiser
(DBN)

Survey: Majority of Americans want term limits for Supreme Court justices, think high court is too political
(DBN)

Lawyer Literally Shocks Witness In Court, Gets In Big Trouble With Judge
(DBN)

Supreme Court Clerk Hiring Watch: Are Any Spots Left For October Term 2014?
(DBN)

Sotomayor tangles even with Ginsburg in court opinions
(DBN)

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Wall Street:

US Stock -Index Futures Little Changed
(DBN)

US stocks close higher; Nasdaq trims losses
(DBN)

Wall Street's Secret Weapon On Capitol Hill
(DBN)

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Layoffs:

Barclays to Cut 7,000 Jobs at Investment Bank --- Barclays Bank to Fire 19,000
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Politics:

Rauner 'comfortable' with nursing home bankruptcy court setback
(DBN)

Ray Nagin's wife files for bankruptcy --- Day before home set for foreclosure sale
(DBN)

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Financial Literacy:

Most People in the World Have No Idea How to Manage Their Money
(DBN)

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Pensions:

Wells Fargo's take on public pensions in the U.S.
(DBN)

____________

Bankruptcy Crimes:

Opening statements held in former prosecutor's bankruptcy fraud trial
(DBN)

____________

Electricity:

Bankruptcy judge to hear Southern’s latest reorganization plans
(DBN)

Bankruptcy’s Silver Lining for Energy Future’s Coal
(DBN)

Energy Future Asks Lenders to Share in Bankruptcy Financing
(DBN)

Energy Future Moves Ahead on Bankruptcy Debt Exchange Offer
(DBN)

____________

Coal:

Judge OKs financing deal for James River Coal
(DBN)

____________

Economy:

US firms less productive in first quarter
(DBN)

Janet Yellen's Big Warning --- The four big economic messages from Yellen’s Congressional testimony --- Yellen Sees Indicators Pointing to Rebound in Spending, Production --- Yellen Says ‘High Degree’ of Accommodation Still Needed --- Foresees continued low borrowing rates --- Points to Housing Risk
(DBN)

Thursday: More Yellen, Unemployment Claims
(DBN)

JPMorgan Shut Down A World-Famous Economist's Bank Account With No Warning
(DBN)

Economy Not Keeping Up With Population Growth
(DBN)

World Economy Stabilizes in Great Moderation 2.0
(DBN)

Advice to High School Graduates: 'You Are Not Special'
(DBN)

Marriage Rates Are Near Their Lowest Levels In History — Here's Why
(DBN)

The Most Impressive Dynasties In America
(DBN)

The Boomer's Retirement and Our Economy
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

Wells Fargo Cuts Amount of Potential Mortgage Litigation Losses - $911 Million
(DBN)

California Foreclosure Starts Hover Near 8-Year Low
(DBN)

Phoenix Real Estate in April: Sales down 12%, Cash Sales down 33%, Inventory up 49%
(DBN)

MBA: Refinance Share of Mortgage Applications under 50% for first time since 2009
(DBN)

Using Bankruptcy to Reduce Foreclosures: Does Strip-Down of Mortgages Affect the Supply of Mortgage Credit?
(DBN)

Robert Edelman’s Very Bad Day in Bankruptcy Courte
(DBN)

____________

Municipalities:

Detroit's six-month bankruptcy tab totals $36 mln-report
(DBN)

See how much Detroit is paying in bankruptcy lawyer and consultant fees
(DBN)

Poll: Voters back Snyder's plan to aid Detroit
(DBN)

Joe Schwarz says 'honored' to be on list of bad guys
(DBN)

Michigan may tap 'rainy day fund' for $195 million lump sum
(DBN)

Ex-city council president Charles Pugh says stress led him to abandon Detroit
(DBN)

Dallas Has the Highest Household Debt in US
(DBN)

____________

Health and Beauty:

Next Industry Disruption? Makeup - Mink 3D Prints Makeup At Home
(DBN)

____________

Music:

Hopedale musical instrument maker files for bankruptcy
(DBN)

____________

Celebs:

Mekhi Phifer Files For Bankruptcy, Owns Segway and Leather Bed at Least
(DBN)

Todd Chrisley Wife Julie Chrisley Seeks Bankruptcy Trial
(DBN)

Ex-UGA coach took millions, court told
(DBN)

____________

Student Debt:

Elizabeth Warren’s student loan bill: Smart, flawed, obviously doomed
(DBN)

Durbin, Reed, Warren: Student Loan Debt Is Hurting America's Middle Class
(DBN)

____________

Personal Finance:

How To Get A Bigger Inheritance From Your Parents
(DBN)

____________

Food/Beverage:

Whole Foods Stock Plummets as Natural and Organic Food Competition Grows
(DBN)

Fast-Food Workers Plan Massive Global Protest
(DBN)

____________

Alternative Energy:

SPI Solar thrown US$21.75 million lifeline
(DBN)

Fuel cell maker Hydrogenics' loss triples; shares slump
(DBN)

____________

Mass Torts:

Ford granted access to Garlock bankruptcy trial filings
(DBN)

Plant manager of defunct peanut firm to enter new plea
(DBN)

They're Back: Freedom Industries Execs Return to Action in West Virginia
(DBN)

Spill company wants to sell to related business
(DBN)

____________

Steam:

Concord Power and Steam, which proposed flopped steam plant, files Chapter 7 bankruptcy
(DBN)

____________

Lighting:

Oryon Technologies Filing for Chapter 11
(DBN)

____________

Fishing:

Pescanova to continue under Deloitte administration until September
(DBN)

____________

Student Debt:

Student Loans to Cost More This Fall
(DBN)

____________

Tech:

Day of Reckoning Coming for Yahoo CEO
(DBN)

____________

Autos:

Tesla Loses $50M in First Quarter
(DBN)

____________

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 (20 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)

______________

Bankruptcy Statistics:

Total Business Filings in April from 2008-2014
(DBN)

Bankruptcies drop, credit scores rise for Phoenix
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

______________

Prepacks:

5 Tips For A Perfect Prepackaged Bankruptcy Plan
(DBN)

____________

Obits:

Rich Roberson
(DBN)

____________

Venue:

Court Suspends TelexFree Bankruptcy, Grants Motion To Transfer Venue To Massachusetts
(DBN)

____________

Cross-Border:

Chapter 15 Recognition of a Foreign Main Proceeding: Balancing Parties’ Interests
(DBN)

____________

New: Take Our Credit Bid Survey

TBTF:

Bankruptcy Is Preferred Path for Big-Bank Failures, Hoenig Says
(DBN)

____________

Banking:

U.S. Trustee Questions Process of Selling Banks in Bankruptcy
(DBN)

____________

Debt Collection:

A 20th Century Debate About Imprisonment for Debt
(DBN)

____________

Compensation:

JP Morgan compensation plan rejected by Glass Lewis
(DBN)

____________

Healthcare:

Nurses Union: NARH Viable as Full-Service Hospital
(DBN)

Saint Francis Hospital changes: What you need to know
(DBN)

Artist jailed in Houston as her cash is tested for Michael Brown's fingerprints --- Arrest made in case of Michael Brown's missing fortune
(DBN)

Most people pay Obamacare premiums
(DBN)

Workers would rather save up for retirement than pay for health care
(DBN)

____________

Telecoms:

Nortel hearing a cross-border spectacle
(DBN)

____________

Tax:

Congress Holds IRS' Lois Lerner in Contempt
(DBN)

____________

Fraud:

Former bank president admits stealing millions in Ponzi scheme
(DBN)

Trustee: Madoff Victims Could Get All Their Money Back
(DBN)

Bayou's Israel Seeks Release Saying Prison Almost Killed Him
(DBN)

TelexFree owner appears to have left US
(DBN)

Rakoff deals new blow to Madoff trustee
(DBN)

____________

Movies:

Court to turn over "Birth Of Innocence" Parker movie assets to film editor
(DBN)

____________

UK:

Another unrated insurer “heading for liquidation”, says SRA – as it rejects ban
(DBN)

Music streaming business in administration
(DBN)

Farming: R3 business analysis report says farm businesses and agriculture now least likely sector to fail
(DBN)

EC cross-border proposals risk 'protection shopping', says DfT head
(DBN)

Restructuring & Corporate Recovery Update - May 2014
(DBN)

____________

Canada:

Former Canucks owner Arthur Griffiths tries to avoid declaring bankruptcy
(DBN)

Rob Ford Wants Everyone to Know Rehab Is Awesome
(DBN)

____________

Ukraine:

Putin Pulls Troops Back from Ukraine Border --- Rebels In East Ukraine Region: 'We're Already Not In Ukraine' --- Time Is Running Out For Ukraine And Russia To Avoid A New Gas War --- Why Putin Needs East And South Ukraine --- US Official: We Will 'Maximize The Cost' If Putin Doesn't Change Tune On Ukraine --- Legal minefield of Russia sanctions worries bond investors
(DBN)

____________

Australia:

When “insolvency remoteness” is closer than you think
(DBN)

____________

Poland:

Gdynia-Kosakowo Airport declared bankrupt
(DBN)

____________

MENA:

Saudi Arabia’s Algosaibi family asks creditors to agree debt deal
(DBN)

____________

Iceland:

Biggest Icelandic Mortgage Bank to Be Wound Down Amid Losses
(DBN)

____________

 

 

 

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