November 26, 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

 

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)

______________

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)

______________

Wall Street:

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

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

______________

Layoffs:

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Student Debt:

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

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

____________

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)

____________

Batteries:

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

____________

Autos:

GM and Chrysler bankruptcy supported by Canadian misinformation
(DBN)

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

____________

Fuel Oil:

Bankruptcy Court OKs Sale Of Fuller Oil
(DBN)

____________

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)

______________

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)

____________

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)

____________

Mass Torts:

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

____________

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)

____________

Television:

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

____________

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)

____________

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)

____________

Electricity:

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

____________

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)

____________

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)

____________

Bonds:

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

____________

Travel:

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

____________

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)

______________

Bankruptcy Statistics:

Interactive Bankruptcy Statistics Map
(DBN)

______________

Plan Confirmation:

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

____________

Automatic Stay:

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

____________

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)

____________

Local Rules:

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

____________

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)

____________

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)

____________

Aviation:

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

____________

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)

____________

Telecoms:

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

____________

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)

____________

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)

____________

EU:

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

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

____________

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)

____________

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)

____________

Germany:

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

____________

India:

Rajan Seeks More Power for India’s Banks Over Big Bad Defaulters
(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 sto ries 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