November 4, 2014

The Daily Bankruptcy News

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Law:

Marshall Huebner: Repeat Chapter 11s Attributable to Variety of Factors
(DBN)

Harvey Miller: Chapter 11s Don’t Always Fix the Underlying Business
(DBN)

Blank Rome Welcomes New Bankruptcy Of Counsel in Philadelphia
(DBN)

Could Defections Derail The Edwards Wildman / Locke Lord Merger?
(DBN)

Inside The Rapidly Evolving World Of Law Firm Websites
(DBN)

The Incredibly Harsh Stigma Of Law School Debt
(DBN)

T14 Law Student Loses His Mind In School-Wide Email Over Stolen Apple
(DBN)

Are you successful? Don’t let others create the definition, prof says
(DBN)

In a rural county that lacks lawyers, no one seemingly wants to buy a successful law practice
(DBN)

Ropes & Gray Names 20 New Partners in Eight Offices Worldwide
(DBN)

The 13 Best New Apps You May Have Missed
(DBN)

Here's What Some iPhone 6 Plus Owners Are Saying About The Phone's Unwieldy Size
(DBN)

PGA golf star claims law firm stole $3M to help cover shortfall after managing partner embezzlement
(DBN)

Lawyer is reportedly missing, along with over $3 million in trust account
(DBN)

Here's The Right Way To Tuck In Your Shirt
(DBN)

Best Way To Spend Your Lunch Hour
(DBN)

A Miami Heat Player Has Strange Freakout On The Court, Rips His Jersey
(DBN)

ATL’s Legally Themed Halloween Costume Contest: The Finalists
(DBN)

Teen Kills Man Who Refused to Buy Him Beer
(DBN)

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Judges:

Vacancy - Bankruptcy Judgeship - District of New Jersey (Camden)
(DBN)

What GOP control of the Senate could mean for Obama’s judicial legacy
(DBN)

Supreme Court Rejects Challenge to Senate Filibuster Rule
(DBN)

Bats invaded courthouse as Halloween loomed
(DBN)

Do You Harbor Supreme [Court] Ambitions?
(DBN)

Former staff attorney for Texas appeals court sues chief justice over firing
(DBN)

Miami-Dade FAWL Gets its Wish, Celebrates NBC Canceling 'Bad Judge'
(DBN)

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Wall Street:

US Futures Trading Higher Ahead Of Factory Data
(DBN)

U.S. Stocks Close Mostly Lower --- Stocks Retreat as Energy Companies Slump With Oil
(DBN)

Jefferies’s ‘Scrappy’ Style Challenges Wall Street Norms
(DBN)

MCG Capital Liquidation Not Sign of Market Woes, KBW Says
(DBN)

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Layoffs:

Sprint to lay off 2,000 as losses mount
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Student Debt:

It's high earners who usually have big student-loan debt, data analysis shows
(DBN)

Driving Student Borrowers Into Default
(DBN)

U.S. students need more help dealing with loan companies
(DBN)

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Opera:

Opera is dead, in one chart
(DBN)

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Corporate Governance:

Why Women on Boards Does Not Equal Diversity
(DBN)

Business Judgment Rule Protects Board's Decision to Maximize the Value of an Insolvent Delaware Corporation Even If It Puts Creditors at Risk; But It Does Not Protect Transfers of Value from the Corporation to a Controlling Shareholder or Related Party
(DBN)

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Telecoms:

LightSquared has deal to end Chapter 11 under lender control - source
(DBN)

Dish's Ergen to Control LightSquared in Newly Announced Deal
(DBN)

UniTek Files Bankruptcy With Plan to Give Lenders Control --- UniTek Global Services Receives 100% Lender Support for Restructuring Plan
(DBN)

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Gambling:

Creditors Call Trump Entertainment Bankruptcy Plan a 'Charade'
(DBN)

Desperate Taj workers walk petition to Atlantic City mayor
(DBN)

Mayor says city can't give Taj tax relief
(DBN)

Can Las Vegas Casino's Survive a Market Crash?
(DBN)

Macau Casinos Witness Biggest Monthly Revenue Drop on Record
(DBN)

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Alternative Energy:

Mississippi warns KiOR it will seek debt, interest
(DBN)

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Celebs:

On Forbes 400 list before 2008 business bankruptcy, ex-billionaire has paid $141.07 to bankruptcy trustee
(DBN)

'Real Housewives of New Jersey' star Teresa Guidice quits the show, reports say
(DBN)

Teresa Giudice storms off set of reunion show
(DBN)

Wyly Asset Freeze Ordered by Judge to Stop Family Spending
(DBN)

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Economy:

ISM Manufacturing index increases to 59.0 in October
(DBN)

Global October PMI Data Comes In Weak
(DBN)

Fed’s Fisher: FOMC ‘Neutered’ Pledge To Keep Rates Low For ‘Considerable Time’
(DBN)

Gross calls deflation a 'growing possibility' threatening wealth
(DBN)

You Need Grad School to Understand Some of the Fed’s Policy Statements
(DBN)

Saudis Cut US Oil Prices Again
(DBN)

Gas is about to fall below $3 a gallon for first time since 2010 --- Cheap gas reignites America's love affair with gas guzzlers
(DBN)

U.S. Light Vehicle Sales unchanged at 16.35 million annual rate in October
(DBN)

Norway is world's most prosperous country
(DBN)

Money and happiness: The link between happiness and income is fraying
(DBN)

The 13 scariest charts about our country and our world
(DBN)

Where Next Financial Crisis Will Come From
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Share of First-Time Home Buyers Hits 27-Year Low
(DBN)

The incredible decline in young homebuyers
(DBN)

Fed Survey: Banks "eased standards for construction and land development loans"
(DBN)

Construction Spending decreased 0.4% in September
(DBN)

Prosecutors: Squatters tried to ‘homestead’ in foreclosed homes
(DBN)

Mortgage delinquencies and foreclosures down in September
(DBN)

American Realty's Sale of REIT Adviser Canceled --- American Realty Falls After RCS Drops Cole Purchase
(DBN)

Wall Street Cheers 3Q Results of Commercial Real Estate Firms
(DBN)

$16.2 million verdict against PHH slashed dramatically
(DBN)

Americans With Roommates Are Skyrocketing
(DBN)

Long-Awaited Chicago Spire Gets Final Nail in the Coffin --- Related to Spire developer: Where's the deed?
(DBN)

Hawaiian Lava Flow Declared A Major Disaster
(DBN)

World Trade Center reopens for business 13 years after 9/11 devastation
(DBN)

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Municipalities:

Bondholders Losing Ground To Retirees In Muni Bankruptcies
(DBN)

A symbol of Detroit blight in bankruptcy filing is finally demolished
(DBN)

Falsely Imprisoned for 26 Years, His Compensation Could Be Hurt By Bankruptcy 
(DBN)

Race for Michigan governor, post-Detroit bankruptcy, is a dead heat
(DBN)

The Pension Crisis In Illinois
(DBN)

PA: Distressed cities law stresses proactive role
(DBN)

13 top firms settle US SEC charges over Puerto Rico junk bonds
(DBN)

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Resorts:

Ex-billionaire's assets scrutinized by creditors
(DBN)

____________

Personal Finance:

How To Answer When Your Interviewer Asks 'Where Do You See Yourself In 5 Years?'
(DBN)

The Best And Worst Things To Buy In November
(DBN)

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Healthcare:

Hampden County Physician Associates bankruptcy hearing postponed
(DBN)

MA: Major medical group abruptly closes
(DBN)

____________

Electricity:

Bankruptcy judge says to allow Energy Future to begin Oncor auction with conditions --- Energy Future Judge Seeks Changes to Oncor Bidding Rules --- Energy Future Holdings gets closer to Oncor auction with judge's ruling
(DBN)

Judge OKs Longview Power discharge settlement
(DBN)

____________

Oil/Gas:

Tisch Says Trouble Is Opportunity as Diamond Offshore Plummets
(DBN)

Oil Is Crashing --- Oil Tumbles on Saudi Price Cut
(DBN)

Crashing Oil Prices Could Bring The US Fracking Boom To A Sudden And Disastrous End
(DBN)

____________

Politics:

What If Lerner Was Right About the Tea Party?
(DBN)

Churches Endorse Candidates, IRS Looks Away
(DBN)

How to stop voter fraud and increase turnout at the same time
(DBN)

Red States Push to Keep Obamacare Subsidies
(DBN)

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Corporate Reform:

JPMorgan Chase Under Criminal Investigation as Pressure Mounts
(DBN)

____________

Tax:

Ex-UBS Banker's Acquittal Shows U.S. Prosecution Trouble
(DBN)

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Food/Beverage:

The Best Sandwich Hacks
(DBN)

How To Make The Perfect Flat White — The Coffee Beverage That Is About To Take New York By Storm
(DBN)

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Consumer Finance:

Military Veterans ‘Pension Advance’ Schemes Under Scrutiny As Predatory Lending
(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 (39 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (6 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:

Rising interest rates should not affect record low in corporate insolvency rates, says industry
(DBN)

WNY bankruptcies keep falling
(DBN)

HI: Bankruptcy filings in isles decreased 20% in October
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

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Constitution:

The Bankruptcy Clause, the Fifth Amendment, and the Limited Rights of Secured Creditors in Bankruptcy
(DBN)

____________

Sales:

Opportunistic Acquisitions: Buying Assets Through Bankruptcy
(DBN)

____________

Avoidance Actions:

"To The Extent": Lenders take note of recent Fifth Circuit bankruptcy decision
(DBN)

Ordinary Course of Business Preference Defense Clarified in a Recent SDNY Bankruptcy Court Decision
(DBN)

____________

Personal Bankruptcy:

An Anatomy of U.S. Personal Bankruptcy Under Chapter 13
(DBN)

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Plan Confirmation:

Momentive Postscript – Bankruptcy Rule 3018: Vote Changing on Chapter 11 Plans: You Can’t Have Your Cake and Eat It, Too
(DBN)

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TBTF:

Greenberg May Be Called to Testify at AIG Trial
(DBN)

Banks’ liquidity lifeline stirs debate
(DBN)

____________

Fraud:

Telexfree case: Government seeking action on plan
(DBN)

October 2014 Ponzi Scheme Roundup
(DBN)

____________

Sovereigns:

U.S. judge gives Argentina debt mediator more authority in negotiation
(DBN)

Soros, Bass funds ask London judge to protect investments in Argentine bonds
(DBN)

Elliott Tells Investors - Fund To Hunt For Argentine Assets
(DBN)

Argentina Warns U.S. Relations Could Worsen Over Appointee's Affiliations --- No official US response to CFK’s letter
(DBN)

Kicillof opens door to vulture funds dialogue after RUFO clause expires
(DBN)

After Kicillof's debt comments, Capitanich says Argentina’s stance 'remains the same'
(DBN)

Argentina Accuses Procter & Gamble of Tax Fraud, Halts Operations
(DBN)

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UK:

2014 Q3 insolvency statistics R3 comments
(DBN)

Germany warns 'no going back' if Britain curbs EU immigration: report
(DBN)

____________

EU:

What Does IMF’s Appointment of Crisis Veteran Say About Europe’s Economy?
(DBN)

EU Cuts Growth Outlook as Inflation Seen Below ECB Forecast
(DBN)

Conflict in EU Central Bank QE Plans
(DBN)

____________

PIIGS:

Monte Paschi eyes €2.1 billion capital increase --- Monte dei Paschi to Launch Cash Call to Cover Entire Shortfall --- Former Head Of The World's Oldest Bank Jailed --- Former Monte Paschi management convicted as crisis mounts
(DBN)

Greece proposes bad debt write-off for small businesses
(DBN)

Spain's Santander third-quarter profit jumps as bad loan charges fall
(DBN)

Staggering Unemployment Levels In Greece And Spain Show How Europe Is Failing
(DBN)

____________

Canada:

Scotiabank to cut 1500 jobs, close about 120 branches
(DBN)

____________

France:

French ferry company to use bankruptcy to sink EU aid ruling
(DBN)

____________

Asia:

Asia Factory Conditions Worsen
(DBN)

____________

Bulgaria:

Bondholders warn Bulgaria over cost of Corpbank failure
(DBN)

____________

Australia:

Australia’s Unemployment Rate Is Worse Than We Thought
(DBN)

____________

Russia:

The Russian Ruble Is Collapsing Again As Oil Prices Slide To New Lows
(DBN)

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