November 10, 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

Format For Mobile Device

Due to the Veterans Day holiday, The Daily Bankruptcy News will not publish on Tuesday November 11, 2014

 

Law:

Judge OKs criminal case against former Dewey leaders, grants separate trial to lower-level worker --- Judge Refuses to Dismiss Charges --- Judge Grants Former Dewey Client Manager Separate Trial
(DBN)

Philip C. Dublin: Extra Restructuring May Help Companies Survive, Thrive
(DBN)

Paul Leake: Chapter 11 Doesn't Guarantee Success
(DBN)

Jack Butler: Some Repeat Filings May Have No Clear Source of Blame
(DBN)

Cleveland Jones Day partners David Heiman and Heather Lennox led City of Detroit's exit from $18 billion bankruptcy
(DBN)

Legal Services Sector Down 2,000 Jobs Since January
(DBN)

Stat Of The Week: The Rich Get Richer
(DBN)

Business of Law
(DBN)

80 Law Schools Are at Risk of Closure, Mostly in California, Florida, Indiana, Michigan, Ohio, and Pennsylvania
(DBN)

An In-House Lawyer’s Interesting Compliment For Cravath
(DBN)

When Bar Scores Plummet, Who Will Examine The Examiners?
(DBN)

Obama Makes A.G. Choice That Blends In
(DBN)

Emails Show Holder’s Anger During ‘Fast and Furious’ Probe
(DBN)

Law Blog More Valuable Than Law Review in Landing Job
(DBN)

Old Lawyers Fight At Country Club, Submit Dueling Membership Revocation Letters --- On growing old
(DBN)

13 Apps You Should Use Every Day
(DBN)

ABA Recommends Approval of Sale of Charleston Law School to InfiLaw
(DBN)

$1B Doris Duke fortune managed by a once- bankrupt lawyer
(DBN)

9 Proven Tricks For Overcoming Anxiety And Fear
(DBN)

How To Take The Perfect LinkedIn Profile Photo
(DBN)

Why It's Important To Be Friendly For No Reason
(DBN)

8 Ways To Tell If Someone Is Not Leadership Material
(DBN)

7 Psychological Strategies for Mastering Negotiations
(DBN)

7 Signs You're About To Have A Midlife Crisis
(DBN)

Apple Just Fixed A Bug On iPhone That Put Undercover Cops At Risk
(DBN)

Homicide Rates For Countries Around The World
(DBN)

Could Yankees' Alex Rodriguez face further discipline by MLB?
(DBN)

Federal prosecutor will be nominated to replace Eric Holder
(DBN)

Interstellar British movie director and the brother accused of a murder plot that's out of this world
(DBN)

Woman sues nail salon, says pedicure resulted in leg amputation
(DBN)

Real life Shawshank
(DBN)

"The New Klan"
(DBN)

Soldier Back From Afghanistan Shot During 'Welcome Home' Celebration
(DBN)

A Vengeful Wife Tears 9/11 Law Firm Apart
(DBN)

Rumors swirl about Ferguson grand jury announcement
(DBN)

States where you can get high at a same-sex wedding
(DBN)

Cops: Walmart Worker, 18, Caught Using, Then Returning Old Spice Deodorant Sticks To Store Shelves
(DBN)

The Thrill Of Motion Practice On How To Get Away With Murder
(DBN)

______________

Judges:

Judge Steven Rhodes: 'A tour de force of legal acumen'
(DBN)

Bankruptcy Judge Sandra Klein addresses new citizens at Boston ceremony
(DBN)

Judge wins re-election but is now too old to serve on bench
(DBN)

Judge struck by wrong-way driver outside Las Vegas courthouse
(DBN)

Judge Writes Bitterly Funny Take-Down Of Another Judge's Anti-Gay Marriage Decision
(DBN)

After judge labels him as "creepy", lawyer seeks vindication
(DBN)

Sightless disability lawyer wins supreme court bid with hugs and ‘blind justice’ campaign slogan
(DBN)

______________

Wall Street:

Stock futures struggle for direction
(DBN)

Markets Are Mixed
(DBN)

Stocks Hit Record High
(DBN)

Goldman Sachs Hired More Yale Graduates This Year Than Any Other Company
(DBN)

Bonus Season Brings More Pain for Traders
(DBN)

______________

Layoffs:

JP Morgan to Fire Another 3,000 Workers
(DBN)

Job Growth Is Picking Up. But What About All the Sidelined Workers?
(DBN)

3 Theories For The Rise of Invisible Unemployment In America
(DBN)

Here's What Recruiters Look At In The 6 Seconds They Spend On Your Résumé
(DBN)

What To Put On Your Résumé When You Have No Relevant Work Experience
(DBN)

Here's What To Say When You're Asked About Salary In A Job Interview
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Auto Racing:

Three more teams face F1 ruin as handout plan is rejected
(DBN)

'No room for beggars in F1,' says Ecclestone
(DBN)

____________

Tech:

GT Advanced reveals dark side of doing business with Apple: 'Put on your big boy pants and accept the agreement' --- GT Advanced Pulls No Punches, Calls Apple a “Bully” --- Sapphire supplier accuses Apple of bait-and-switch as details go public --- These Brutal Quotes Allege Dealing With Apple Is Nasty Business
(DBN)

Apple Says It 'Bent Over Backwards' To Help Its Bankrupt Sapphire Supplier
(DBN)

Apple Suppliers Shunned as GT Bankruptcy Sparks Selloff
(DBN)

Are Apple suppliers canary in coal mine?
(DBN)

____________

Gambling:

“Carl Icahn made $350 million from Trump Entertainment in Atlantic City”
(DBN)

Singapore casinos brace for battle as VIP volumes fall
(DBN)

____________

Retailing:

Sears explores sale-leaseback of buildings --- Sears tries the real estate angle, shares pop
(DBN)

DW Investment help RadioShack stave off bankruptcy
(DBN)

Seasonal Retail Hiring at Record Level
(DBN)

____________

Healthcare:

Dendreon Files for Chapter 11 Bankruptcy
(DBN)

Questions in Quincy
(DBN)

Steward Health Care: Quincy Medical Center employees will find employment at Steward
(DBN)

Quincy mayor questions legality of hospital closure
(DBN)

Crittenden Regional Board Extends Liability Coverage, Then Files for Bankruptcy
(DBN)

Crittenden Hospital's Directors, Officers Compensation Could Pay Off
(DBN)

Vinita hospital to seek bankruptcy protection
(DBN)

When to close a hospital
(DBN)

Supreme Court Grants Cert. to Hear Challenge to IRS's Expansion of Affordable Care Act Tax Credit
(DBN)

The huge new threat to Obamacare, explained in 2 minutes
(DBN)

Hospitals Fall After Top Court Clouds Future of Obamacare
(DBN)

____________

Celebs:

How American Sniper’s Death Caused a Headache for a Texas Hedge Fund Manager
(DBN)

'RHONJ's' Teresa Giudice Had a Glam Squad to Make Her Look Great for Court Sentencing Thanks to a Loan From 'Just Desserts'
(DBN)

Report: CSI Star Gary Dourdan Files for Bankruptcy Again
(DBN)

Report: R&B singer Ginuwine on verge of bankruptcy
(DBN)

Bankrupt Wyly sued by ex-wife over $500,000-a-year support
(DBN)

As Lawyer Bills Pile Up, SEC Target Sam Wyly Defends Budget
(DBN)

SEC seeks to double $200 million damages award against businessman Wyly
(DBN)

____________

Autos:

New GM Calls $10 Billion Lawsuit Against It ‘Misleading’
(DBN)

GM ordered new switches months before recall --- GM Placed 'Urgent' Order Of Half-Million New Ignition Switches
(DBN)

Feds' auto agency needs to get in gear
(DBN)

____________

Economy:

US unemployment rate falls to 6-year low of 5.8% on solid job growth --- Falling Jobless Rate Brings Hope for Unhappy U.S. Voters
(DBN)

Forget the Unemployment Rate
(DBN)

Consumer Credit in U.S. Climbs on Demand for Car, Student Loans
(DBN)

Revenue Softness Worries Investors
(DBN)

Update: Prime Working-Age Population Growing Again
(DBN)

The economy’s Achilles heel: Despite faster growth, wages are still going nowhere
(DBN)

A Radical Solution to Global Income Inequality: Make the U.S. More Like Qatar
(DBN)

Forget the 1% - It is the 0.01% who are really getting ahead in America
(DBN)

Why the top 1 percent dominates more in the U.S. than anywhere else
(DBN)

85 Richest have as Much Money as Poorest 3.5B
(DBN)

Even the Rich Have Qualms About the Economy: Survey
(DBN)

The Most Unequal Countries In The World
(DBN)

A Global Boom, but Only for Some
(DBN)

IMF'S Lagarde: I Will Belly-Dance For Congress If I Have To
(DBN)

The World Bank Is In Trouble
(DBN)

Global Financial Crisis: The US Turning Point
(DBN)

13 Maps That Define America
(DBN)

The Highest-Paying Job In Every State
(DBN)

Here's How Much It Costs To Feed A Family In Every State
(DBN)

Cities Creating the Most Middle Class Jobs
(DBN)

The 'Temporary' Recession Tax You're Still Paying
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

Housing’s Long March to Normal
(DBN)

HOA Liens Reign Supreme Under Nevada’s Interpretation of the Uniform Common Interest Ownership Act
(DBN)

Update: 2015 Housing Forecasts
(DBN)

Pat Turner's lawyers want to know who's trying to take his land
(DBN)

The Strange Story Of The America's Most Fought-Over Office Block
(DBN)

Phoenix Real Estate in October: Sales up 2%, Cash Sales down Sharply, Inventory up only 6%
(DBN)

Forestdale Village LLC, developer of a 55-plus community on Cape Cod, filed for Chapter 11 bankruptcy protection
(DBN)

America's New Most Expensive Home For Sale
(DBN)

A 270-Square-Foot Attic Apartment Has Room For A Guest Bed And Home Office
(DBN)

Any Positive News a Boon for Detroit Housing Market
(DBN)

___________

Municipalities:

How Detroit stayed cool on tense bankruptcy journey --- Heroic efforts led Detroit out of bankruptcy
(DBN)

Full Confirmation Ruling --- Summary
(DBN)

With Bankruptcy Ending, Detroit Hears Warnings Not to Make Same Mistakes
(DBN)

Judge, a mediator in bankruptcy, sees hope for Detroit
(DBN)

The best quotes from Detroit's bankruptcy ruling --- Judge: 'Now is time to restore democracy to the people' --- Bankruptcy judge: This 'must never happen again' --- Rhodes on pensioners, DIA, Kevyn Orr and more
(DBN)

Detroit Judge’s Expert Says Voters Risk Derailing Plan
(DBN)

Detroit Comeback Hangs on Repairing Rickety Municipal Government
(DBN)

U.S. judge hails settlements in Detroit bankruptcy plan
(DBN)

Detroit, Bond Insurer Reached Haircut Deal Over Haircuts
(DBN)

Rosen gives behind-the-scenes look at bankruptcy case
(DBN)

Hackel critical of Detroit bankruptcy ‘celebration’
(DBN)

Detroit EM Kevyn Orr: 10 key accomplishments made throughout bankruptcy negotiations
(DBN)

The Powerful New Panel That Will Oversee Detroit's Recovery
(DBN)

Detroit bankruptcy judge to review attorney fees
(DBN)

Finley: Banks paid for Detroit's bankruptcy
(DBN)

In Detroit Bankruptcy, Art Was Key to the Deal --- 'Grand Bargain' Will Help Save Detroit — And Its Art --- Detroit's Art Is Spared as It Exits Bankruptcy --- How Detroit Saved Its Art Collection From The Bill Collectors --- Detroit bankruptcy presented a "once in a lifetime" opportunity for foundations
(DBN)

Berman: Out of shame, a miracle fix for a broken city
(DBN)

The inside story of Detroit's historic bankruptcy case
(DBN)

Experts: Detroit bankruptcy not US roadmap
(DBN)

Detroit Bankruptcy : The cast of characters
(DBN)

Duggan: Detroit EM's office is empty
(DBN)

Detroit Bankruptcy Taught Muni Investors Painful Lessons
(DBN)

Detroit Rises: From bankruptcy , Detroit emerges buoyant --- Detroiters have no time to rest after bankruptcy
(DBN)

Judge OKs bankruptcy plan; a 'miraculous' outcome --- Judge OKs plan for Detroit to exit from bankruptcy --- Detroit Bankruptcy Plan is Last Effort to Restore City’s Former Glory --- A tuneup for the Motor City? --- Detroit bankruptcy ruling good for retirees, but city has long way to go --- Judge OKs Detroit bankruptcy-exit plan, lets city slash over $7B from its debtload
(DBN)

Detroit: Now all we must do is live within our means --- Detroit has endured — but it can do more than that --- Detroit's third act
(DBN)

City of Detroit retirees and what they're losing
(DBN)

Dentons congratulates Detroit and its Retirees
(DBN)

Now comes the hard part for Detroit
(DBN)

Detroiters have wait-and-see attitude about ruling --- Reactions to Detroit bankruptcy approval --- Gov. Rick Snyder on judge's approval of Detroit bankruptcy plan --- DIA, state officials, Gilbert and others react to Detroit bankruptcy
(DBN)

9 ways Detroit is changing after bankruptcy
(DBN)

With its art collection saved, DIA looks to the future
(DBN)

Behind Detroit's 'grand bargain' to emerge from bankruptcy
(DBN)

The 10 key events that helped Detroit exit bankruptcy
(DBN)

Then and Now: 8 graphs showing Detroit's progress
(DBN)

Finding $816 Million, and Fast, to Save Detroit
(DBN)

Detroit 2024: What will the city look like in 10 years?
(DBN)

Bankruptcy's success will be determined by our children
(DBN)

City looks to reinvest after bankruptcy
(DBN)

Questions, Answers About Detroit's Bankruptcy
(DBN)

Stockton Pensions Dodge Bankruptcy Bullet, But Future Retirees Beware
(DBN)

Despite Earlier Ruling, Stockton Judge Confirms Plan Leaving Pension Obligations Intact
(DBN)

United Airlines pulls out of struggling Atlantic City
(DBN)

____________

Shipping:

World's largest ship fuel supplier goes bankrupt
(DBN)

Ship fuel market in turmoil after OW Bunker files for bankruptcy
(DBN)

The OW Bunker bankruptcy and questions of corporate governance and oversight
(DBN)

OW Bunker Reports 2 Employees to Police, Declares Bankruptcy
(DBN)

Failed Hedging Positions by Bunker Provoke Investor Rebuke
(DBN)

____________

Personal Finance:

9 Items You Shouldn't Buy At Wal-Mart
(DBN)

Here's When To Use Debit Instead Of Credit
(DBN)

Just Saving Money Won't Make You Rich
(DBN)

____________

Fraud:

Sommet Group founder guilty in $20 million fraud
(DBN)

____________

Banking:

Unofficial Problem Bank list declines to 419 Institutions
(DBN)

Bank Failure #17 in 2014: El Paseo Bank, Palm Desert, California
(DBN)

____________

Education:

My For-Profit College Degree is Worthless
(DBN)

New Battle Over For-Profit Colleges
(DBN)

Here's What A Single Course Costs A 4-Year Student At The Most Expensive Colleges In The US
(DBN)

____________

Weather:

Coldest air of the season set to blast 42 U.S. states: forecasters
(DBN)

____________

Pensions:

Kodak retirees adapt after bankruptcy
(DBN)

____________

New Bankruptcy Opinions
(3 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (28 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (109 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
(DBN)

Fifth Circuit's Bankruptcy Opinions from October 2014
(DBN)

____________

Constitution:

The Takings Clause in Bankruptcy: Making Sense of the Different Outcomes for Secured and Unsecured Claims
(DBN)

____________

Discharge:

Bankruptcy Court Bars Future Claimant from Seeking to Avoid Effect of Discharge
(DBN)

____________

Avoidance Actions:

The Problem with Preferences
(DBN)

____________

Trustees:

Opening For Ch. 7 Panel Trustee in DE
(DBN)

____________

Automatic Stay:

Automatic Stay: What Happens When a Case is Reopened?
(DBN)

Automatic Stay Prevents Attachment of After-Acquired Judgment Lien
(DBN)

____________

Recent Pleadings:

5th Cir. To Reconsider Pro-Snax Standard En Banc --- En Banc Motion
(DBN)

______________

TBTF:

Solvency, Lost in the Fog at the Fed
(DBN)

AIG Ex-Chief Willumstad Says He Was in Dark About China
(DBN)

FSB Tells World's Largest Banks to Hold Big Capital Cushions
(DBN)

MetLife Prepares for Possible Court Fight on 'Too Big to Fail' - Insurer Hires High-Powered Corporate Attorneys
(DBN)

Global Regulators Unveil Too Big to Fail Bank Rules
(DBN)

____________

Religion:

Documents Detail 50 Years Of Chicago Priests Abusing Children
(DBN)

Twin Cities archdiocese to cut budget, staff at central office
(DBN)

Judge rules for insurer in archdiocese bankruptcy issue
(DBN)

____________

Oil/Gas:

Small Shale Oil Firms Have Big Debt Issues
(DBN)

KKR prepares more Samson asset sales as oil prices plunge-sources
(DBN)

Endeavour Obtains Final Stock and Claims Order for Trading Requirements
(DBN)

____________

Food/Beverage:

The slow decline of fast food in America
(DBN)

____________

Alternative Energy:

KiOR says it owes $312M because it missed payment
(DBN)

KiOR Receives Bid for Assets; Refocus on Research
(DBN)

____________

Aviation:

American Airlines Crew Reject Union Contract
(DBN)

Worried spacecraft passengers ask for refunds
(DBN)

Why everyone still hates the airline industry, in one tweet
(DBN)

____________

Politics:

Obama Takes Blame for Midterm Rout
(DBN)

____________

Lehman:

Lehman Brothers Said to List New York NYLO Hotel for Sale
(DBN)

____________

Corporate Reform:

Wall Street Banks Have Been Hoarding Billions For One Legal Settlement — And It's Almost Here
(DBN)

Regulators Hit Lenders for Risky Loans
(DBN)

____________

Television:

Houston Fans Can Watch the Astros & Rockets -- Finally
(DBN)

____________

Pharma:

Dendreon files for Chapter 11 bankruptcy --- The Next Chapter in Dendron's Troubled History: Chapter 11 Bankruptcy
(DBN)

____________

Soccer:

Riverhounds will be clear of bankruptcy by end of year
(DBN)

____________

Sovereigns:

Argentine bondholders file for 'me too' at Judge Griesa's court: claims reach 6.5bn
(DBN)

Argentina tells NY judge new lawsuits seek $4.7 Billion
(DBN)

English court involved in Argentine bonds dispute with hedge funds
(DBN)

Paul Singer wants to use US judiciary as his personal police
(DBN)

Argentina Selling Up to $1 Billion in Local Bonds as Peso Slips
(DBN)

____________

UK:

Government ploughed 'over half a billion' into cash-strapped NHS Trusts
(DBN)

Mark Carney: No more bank bail-outs
(DBN)

US law firms line up to sue Tesco
(DBN)

____________

EU:

Europe braced for some dismal figures
(DBN)

ECB door remains open to QE despite doubts over impact
(DBN)

Eurozone Investor Confidence Beats Expectations
(DBN)

____________

PIIGS:

Italy's President Might Resign 5 Years Early
(DBN)

The Great Irish Bank Heist
(DBN)

Dunne pulled legal bid hours before Nama deposition
(DBN)

Spanish Court Upholds Charges Of Tax Fraud Against Princess Cristina
(DBN)

Spain Outshines Euro Area as Draghi Morality Tale Echoes
(DBN)

81% Of Catalans Vote For Independence From Spain In Symbolic Referendum
(DBN)

____________

Canada:

Law firms win honors as top employers
(DBN)

____________

France:

French President Francois Hollande Might Give Up
(DBN)

France: Now is our winter of discontent
(DBN)

____________

Bulgaria:

Depositors in Bulgaria’s Corpbank to Initiate Collective Action at ECJ, ECtHR
(DBN)

Bulgaria's CorpBank: A Tangled Web Of Fraud
(DBN)

____________

Russia:

Russian Economy to Stagnate in 2015 Undermined by Sanctions
(DBN)

'Putin's Revenge'
(DBN)

____________

MENA:

ISIS Forums Have Gone Dark After Rumors Of Leader's Death
(DBN)

Gaza's businessmen facing bankruptcy
(DBN)

____________

New Zealand:

Supreme Court reverses "super priority" for Inland Revenue on insolvency
(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