November 26, 2014

The Daily Bankruptcy News

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Due to the Thanksgiving holiday The Daily Bankruptcy News will not publish on Thursday and Friday, 11/27-11/28, 2014



Law:

Morgan Lewis Chair Jami McKeon breaks down the Bingham deal --- Morgan Lewis Completes Its Conquest Of Bingham McCutchen
(DBN)

Law School Is Still Worth It Even If You Don't Get Into Harvard Or Yale
(DBN)

Skadden's Senior Associate Bonuses Top the Market - For Now ... --- More firms, including Cravath, jump on BigLaw bonus bandwagon; Skadden says some will get $110K --- Associate Bonus Watch: 3 More Firms Match Simpson --- Associate Bonus Watch: One More Firm Matches The Simpson Scale --- Associate Bonus Watch: Davis Polk Beats Simpson!
(DBN)

The $160K BigLaw BigLie?
(DBN)

Cadwalader Elevates Two Bankruptcy Lawyers To Special Counsel
(DBN)

Bingham McCutchen Diaspora Brings Bevy of Lateral Moves
(DBN)

Big British Firm Seeks US Merger Partner in 2015
(DBN)

Judge: Patton Boggs Rep'd Opponent in 'Substantially Related' Matter
(DBN)

Reinventing The Law Business: In Defense Of The Billable Hour
(DBN)

Legal Scholars: Obama's Immigration Actions Lawful
(DBN)

Business of Law
(DBN)

A Client’s Worst Nightmare: When Your Attorney Becomes a Bigger Foe Than Your Adversary
(DBN)

Pepper Hamilton’s nonlawyer CEO is leaving the firm
(DBN)

Why Attorney Websites Are A Waste Of Time For Most Law Firms
(DBN)

Beyond Biglaw: Holiday Party Time
(DBN)

Not All Electronic Signatures Are Created Equal
(DBN)

Apple's New iPhone Ad Shows Off One Of The Best Features Of iOS 8
(DBN)

Missouri Governor Orders More Troops as Ferguson Erupts --- Two FBI Agents Shot Near Ferguson --- Ferguson Burning --- This Is What Ferguson Looks Like The Day After Riots --- Protesters torch police car as troops guard Ferguson --- Michael Brown's Family Lawyer Accused The Ferguson Prosecutor Of Being Too Cozy With The Police --- Why Most Police Shootings Don't End With Prosecutions --- Missouri’s ‘officer-friendly’ use-of-force law likely helped Ferguson officer avoid charges --- Ferguson case demonstrates the potential shortcomings of eyewitness testimony --- Darren Wilson Has A 'Clean Conscience' About Michael Brown's Death --- A Mock Cross-Examination Of Darren Wilson’s Testimony --- A Closer Look at Officer Wilson's Testimony --- The Ferguson Lie
(DBN)

Prosecutor: Lawyer had s-- with captive girl, 14 - at his office
(DBN)

FSU Shooter Myron May Had Bright Legal Career
(DBN)

HBO Has Hired 160 Lawyers In Anticipation Of Its New Scientology Documentary
(DBN)

The 12 Countries Where The Most Homicides Occur
(DBN)

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Judges:

Law firm secretary is accused of forging judge’s signature to delay eviction
(DBN)

Court worker files HIPAA suit, says she was searched daily after misconstrued remark
(DBN)

Posner: ‘Outlandish’ attorney fees in settlement were part of a ‘selfish deal’
(DBN)

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Wall Street:

Stock futures slightly higher, investors await flurry of data
(DBN)

Wall Street ends little changed after mixed data batch
(DBN)

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Layoffs:

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Student Debt:

Who will qualify for student-loan help?
(DBN)

This little student loan deal could spell big trouble for borrowers
(DBN)

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Opera:

Sale of New York City Opera's Remaining Assets Expected in Early 2015
(DBN)

Judge Denies NY City Opera An Extension For Bankruptcy Reorganization
(DBN)

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Batteries:

EFH companies at odds over $5.2 billion battery proposal
(DBN)

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Autos:

GM and Chrysler bankruptcy supported by Canadian misinformation
(DBN)

Saleen says it's out of money, owes millions
(DBN)

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Fuel Oil:

Bankruptcy Court OKs Sale Of Fuller Oil
(DBN)

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Economy:

Consumer confidence falls, despite expected rise --- Lowest since June --- U.S. Economic Confidence Index Dips Four Points to -10
(DBN)

US third-quarter growth revised higher on consumer, business spending --- US economy grew at 3.9% pace in Q3
(DBN)

US household debt edges higher in Q3 -survey
(DBN)

NY Fed: Household Debt increased in Q3 2014, "Deleveraging process has ended"
(DBN)

US Wage Growth Slower Than Thought
(DBN)

The top 400 households got 16 percent of all capital gains in 2010
(DBN)

New U.S. Auto Loans Are Highest in Nine Years, New York Fed Says
(DBN)

Crude Oil Is Tumbling --- Saudis: The Oil Market Will 'Stabilize Itself Eventually'
(DBN)

GM: US Economy Fine, Others Soft or Slowing
(DBN)

Millennials are closing the gender wage gap
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Home Prices in 20 U.S. Cities Increase at a Slower Pace --- Annual growth slowest in two years --- Case-Shiller: National House Price Index increased 4.8% year-over-year in September
(DBN)

South Florida price gains are highest in nation
(DBN)

Southern California home prices flat in September, Case-Shiller says --- Metro Detroit home prices rebound back to early 2008 --- Miami home prices up 10.3 percent in September --- Seattle-area home prices keep cooling --- City-by-city look at home prices
(DBN)

House Prices: Real Prices and Price-to-Rent Ratio in September
(DBN)

Freddie Mac: Mortgage Serious Delinquency rate declined in October, Lowest since December 2008
(DBN)

Lake Las Vegas Ex-Owners Settle Suit for $115 Million
(DBN)

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Municipalities:

Revel fights city's collection of back taxes --- Trump casinos, Atlantic City agree on tax
(DBN)

Puerto Rico to freeze public transportation, road projects amid legislative impasse on oil tax
(DBN)

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Mass Torts:

”Unsealed Garlock documents could be ‘double-edged sword’”
(DBN)

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Celebs:

Andy Cohen says Teresa and Joe Giudice were not easy guests
(DBN)

Phil Falcone Resigns From Harbinger Group, Collects $40.3 Million
(DBN)

Bankruptcy Of NHL's Jack Johnson: Another Sad Case Of Parents Blowing An Athlete's Money
(DBN)

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Television:

Aereo lawyer: 'Very substantial interest' in assets --- Aereo Assets Eyed by Fortune 500, Internet Companies
(DBN)

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Retailing:

Here Are the Stores that Won't Be Open Thanksgiving Day
(DBN)

Opening stores on Thanksgiving doesn't boost sales
(DBN)

10 retail tricks that could make you spend more
(DBN)

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Gambling:

Caesars Lenders Said to Agree to Make Unit Property Firm --- Caesars Swaps Jump as Lenders Said to Agree on REIT Plan
(DBN)

Caesars Lenders Seek Receiver, Claiming Unit Was Looted
(DBN)

Bankruptcy wrangling for ex-Trump, Revel casinos
(DBN)

Companies would suffer if Revel sale not salvaged
(DBN)

Trump seeks repayment of $150K in driveway rent
(DBN)

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Electricity:

EFH, Sierra Club settle environmental suits and EFH’s $6.45 million claim for legal fees
(DBN)

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Religion:

Twin Cities Archdiocese sues insurers, saying firms won't pay abuse claims
(DBN)

Houston: Catholic Charities Accused of Covering Up Years of Abuse by Employees
(DBN)

Pope Demands Immigration Reform
(DBN)

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Corporate Reform:

Small Town Canadian Values versus JPMorgan Chase
(DBN)

HSBC under scrutiny again as allegations over leaking of info to hedge fund emerge
(DBN)

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Bonds:

Chesapeake Redeemed $1.3 Billion in Bonds Late, Court Says
(DBN)

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Travel:

Thomas Cook Plunges as Harriet Green Replaced as CEO
(DBN)

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New Bankruptcy Opinions
(5 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (12 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (35 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)

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Bankruptcy Statistics:

Interactive Bankruptcy Statistics Map
(DBN)

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Plan Confirmation:

Loan to Own: A Potpourri of Bankruptcy Attacks
(DBN)

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Automatic Stay:

Ninth Circuit BAP Reluctantly Holds That a State Court Civil Contempt Proceeding is not Subject to the Automatic Stay
(DBN)

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Property of the Estate:

Interest in an LLC: Property or a Contractual Right? You Decide (But We Are Warning You the Stakes Are High)!
(DBN)

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Local Rules:

SD CA Seeks Comments On "Combined Plan of Reorganization and Disclosure Statement" Local Rule
(DBN)

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TBTF:

AIG trial testimony concludes with flurry of documents
(DBN)

U.S. Fed spots flaws in Wells Fargo resolution plan --- Regulators Give Passing Grade to Wells Fargo Plan on Theoretical Bankruptcy - Fed Says Big Bank's Bankruptcy Plan Is Better Than Peers
(DBN)

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Food/Beverage:

Now Unhappy, Happy's Pizza Founder Is Convicted Of Tax Fraud
(DBN)

The Best Way To Cook A Turkey Is To Grill It
(DBN)

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Aviation:

American Air's Envoy: 'An Airline That Is Coming Apart'
(DBN)

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Currency:

Bitcoin exchange Kraken to help in Mt. Gox bankruptcy
(DBN)

Glimmer of hope for creditors in MtGox investigation
(DBN)

Japan's bitcoin community hears Mt. Gox's final death rattle
(DBN)

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Telecoms:

Inmarsat Gets Payment Due From LightSquared, Warns On Further Payments
(DBN)

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Sovereigns:

S. Court rules against Griesa, favors gov’t
(DBN)

UN slams NML in human rights row
(DBN)

A better way to restructure government debt
(DBN)

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UK:

Distressed about the end of Distress?
(DBN)

UK Government Confirms Direct Recovery of Tax Powers Not Intended to Restore Crown Preference on Insolvency
(DBN)

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EU:

Euro zone torpor hits German, French, Italian firms
(DBN)

Juncker Unveils Investment Plan To Kick Start EU Growth
(DBN)

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PIIGS:

Bank of Spain sees risks of low inflation, low growth in euro zone
(DBN)

Greek bailout talks resume in Paris
(DBN)

Nama asks US court to postpone Dunne bankruptcy trial until May
(DBN)

Pilloried Anglo Irish Bondholders Might Just Get Repaid
(DBN)

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Canada:

Canada’s $9-billion auto sector bailout lacked proper oversight, says Auditor General
(DBN)

What's next for Canadian family with million-dollar US medical bill?
(DBN)

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Germany:

German businesses suffer fallout as Ukraine sanctions take hold
(DBN)

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India:

Rajan Seeks More Power for India’s Banks Over Big Bad Defaulters
(DBN)

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