November 5, 2014

The Daily Bankruptcy News

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Law:

Ralph Tuliano: Restructuring Is More Than a Numbers Game
(DBN)

Mark Roe: Are Chapter 22s Really So Bad?
(DBN)

Shaunna D. Jones: When Assigning Blame, Debtors Shouldn't Look Far
(DBN)

Worth Nothing, Failing Law Schools Are Kept on Life Support
(DBN)

Bingham Partner Retreat Canceled as Morgan Lewis Deadline Looms
(DBN)

Harvard Law Students Embarrass Harvard Law Profs
(DBN)

CLO Survey Has Bad News for Outside Counsel --- The Report
(DBN)

Willkie picks Houston to set up first new US office in over 30 years --- Willkie Opens Houston Office Amid Deal Boom --- Willkie Puts Down Stakes in Houston
(DBN)

Legal deserts
(DBN)

Law firms skew blue in political donations
(DBN)

Firms still paying for time billing
(DBN)

Business of Law
(DBN)

Beyond Biglaw: Sales Training (Part 1)
(DBN)

Ten Thoughts on Business Development
(DBN)

The Future of Legal Services – What Will They Look Like?
(DBN)

Willkie Farr team helps MPM with reorg and bankruptcy exit
(DBN)

Suddenly, The iPhone 6 Is Available To Buy Everywhere
(DBN)

How will a Republican-controlled Senate affect lawyers?
(DBN)

4 Essential Suits Every Man Needs In His Closet
(DBN)

Understand LinkedIn's Pitfalls for Lawyers
(DBN)

5 Small Scanners You Can Tuck into Your Pocket
(DBN)

How Far Will Facebook's Malicious Prosecution Case Against DLA Piper Go?
(DBN)

Post-Recession, Firms Try to Teach the Art of Rainmaking
(DBN)

Doctors Warn Sitting Leads To Deadliest Diseases Americans Face
(DBN)

This Bar Exam Failure Needs Your Help
(DBN)

No good deed goes unskewered at upcoming Brooklyn Law School Roast
(DBN)

White & Case to negotiate over Barclays dispute
(DBN)

The Bridge Builders: Connecting Solos To Clients
(DBN)

Adrian Peterson Reportedly Reaches Plea Deal To Avoid Jail Time
(DBN)

NFL: Ray Rice's Career in Judge's Hands
(DBN)

A-Rod Stays True To Form
(DBN)

Former state trooper is charged with sending DUI arrestees’ racy photos to his own phone
(DBN)

Juror recognizes defendant’s name on sample ballot in DA race
(DBN)

Lawyer Accused Of Extorting S-- From Clients, Amateur P---, Polygamy
(DBN)

Introducing The Dumbest Drug Smuggler Ever
(DBN)

Man Killed By Falling Tape Measure At Construction Site
(DBN)

Would a SCOTUS vacancy result in gridlock in a GOP-controlled Senate?
(DBN)

Cops: Woman drives into shopper for stealing parking spot at Walmart
(DBN)

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Judges:

Judge Sandra Segal Ikuta succeeds Bankruptcy Judge Eugene R. Wedoff as chair of the Advisory Committee on Bankruptcy Rules
(DBN)

On the clock in the Supreme Court
(DBN)

SD NY Kicks Off 225th Anniversary Celebration
(DBN)

Was top Pennsylvania court’s email with AG’s office ex parte? If so, it’s a big deal, experts say
(DBN)

For older women, sex isn’t as important, court says, igniting outrage
(DBN)

Where The Broke Courts Are Spending Their Money
(DBN)

Retired Judge Claims Courthouse Asbestos Gave Him Cancer
(DBN)

Judge Reveals The Disturbing Reason Almost Everybody Pleads Guilty
(DBN)

Judge calls former state supreme court judge’s apology letters ‘unsatisfactory,’ orders a do-over
(DBN)

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Wall Street:

Stocks : Futures pushing higher
(DBN)

US stock market psyched for GOP win --- Market predicting not just a GOP win, but a ‘wave’
(DBN)

Global shares fall on ECB report; Saudi move hits oil
(DBN)

Sex, Drugs and Investment Banking
(DBN)

Expert: Bigger Market Selloff Coming
(DBN)

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Layoffs:

Warner Bros. Layoffs Beginning Tuesday to Eliminate Roughly 1,000 Jobs
(DBN)

6 Reasons You Didn't Get the Job (That No One Will Ever Tell You)?
(DBN)

Ford Fires 100 Factory Workers By Robocall On Halloween
(DBN)

PPL cutting 450 jobs
(DBN)

167 employees laid off at Bridgepoint Education
(DBN)

IBM reportedly cuts 50,000 jobs
(DBN)

The No. 1 Mistake People I Interview Are Making These Days
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Tech:

Apple to Stick With GT Advanced Deal After Unsealing --- GT Advanced Technologies Inc. Announces Amended Settlement Agreement With Apple
(DBN)

Judge releases details of latest Apple deal: GTAT will take a big loss
(DBN)

A Small Positive For GTAT On Its Apple Agreement
(DBN)

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Telecoms:

Sprint shares plunge 17 percent after disappointing outlook --- Sprint Needs Identity Beyond Cost Cuts, Promotions
(DBN)

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Awards:

US News: Best Law Firms for Bankruptcy
(DBN)

Milbank Partner Gregory Bray to be Inducted by The American College of Bankruptcy
(DBN)

Dickinson Wright Attorney Steven Howell to Receive the Barbara J. Rom Award for Bankruptcy Excellence
(DBN)

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Gambling:

Owner of Trump Plaza, Taj Mahal revises bankruptcy plan
(DBN)

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Consultants:

Epiq Systems Settles with Activist Investor Which Still Wants a Sale
(DBN)

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History:

There Are Alarming Economic Similarities Between Now And 1873
(DBN)

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Economy:

US factory orders slip in September
(DBN)

QE Worked, But Not As Advertised
(DBN)

Gallup Poll: October Consumer Spending Remains Stable
(DBN)

Trade Deficit increased in September to $43.0 Billion --- US Exports Decline in Sign of Global Slowdown
(DBN)

Apple borrowing billions to pay shareholders is everything wrong with capitalism today
(DBN)

Ayn Rand vs. Adam Smith: the only midterm election that counts
(DBN)

Singer's Elliott Says U.S. Growth Optimism Unwarranted as Data ‘Cooked’
(DBN)

Crashing Oil Prices Won't Kill The US Economy
(DBN)

Oil price swoon pulls WTI crude to 3-year low
(DBN)

Oil Keeps Tumbling
(DBN)

Gas now cheaper than milk
(DBN)

Look out below! Oil is not done falling
(DBN)

A Response to Piketty’s Capital from a Surprising Corner
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Home-price growth slows to two-year low
(DBN)

CoreLogic: House Prices up 5.6% Year-over-year in September --- CoreLogic: Home price growth "clearly slowing"
(DBN)

Status update for the top 5 housing markets
(DBN)

Mortgage credit availability drops again
(DBN)

The 25 Wealthiest Suburbs In America
(DBN)

Beazer Homes Is Headed For Bankruptcy
(DBN)

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Municipalities:

Detroit fire union rips bankruptcy judge over legal fee ruling
(DBN)

Snyder defeats Schauer in election for governor
(DBN)

Bankruptcy costs Detroit retirees
(DBN)

Controller John Chiang drops bombshell on California public pensions
(DBN)

Philadelphia Schools: Another Year, Another Budget Crisis
(DBN)

Tiny LA district is approving charter schools beyond borders
(DBN)

More taxes, outside help only ways for Greenville to exit Act 47
(DBN)

Five American Cities Back from the Dead
(DBN)

____________

Oil/Gas:

Hercules Offshore to lay off 324 workers
(DBN)

Buccaneer sells assets; wants $20M from state
(DBN)

____________

Aviation:

D-Day for MAS
(DBN)

____________

Healthcare:

Some former Hampden County Physician Associates doctors will join Sisters of Providence starting Wednesday
(DBN)

84% of Struggling Hospitals Put Population Health on Hold
(DBN)

Doctors Medical Center announces Election Day "Hail Mary" gambit
(DBN)

New funding models for Doctors Medical Center in San Pablo proposed
(DBN)

TLC Health hopes to emerge from Chapter 11 by Jan. 1
(DBN)

Medical Marijuana: What Happens in Bankruptcy (Not Much)
(DBN)

Columbus Regional to eliminate 219 jobs, includes 99 layoffs
(DBN)

3-D-printed organs are on the way
(DBN)

____________

Derivatives:

Industry Coalition Objects to FSB Proposal on Bankruptcy Early Termination Rights
(DBN)

Hedge Fund, Investor Groups Hammer Swaps 'Stays'
(DBN)

____________

Food/Beverage:

Nell’s Shurfine Market sale approved by bankruptcy court
(DBN)

Quiznos Has One Last Hope For Its Business
(DBN)

Is The McDonald's 'Secret Menu' Real?
(DBN)

Here's How Much It Costs To Open A Fast Food Franchise
(DBN)

____________

Personal Finance:

7 things you really shouldn’t have delivered
(DBN)

Should the man always pick up the check at dinner?
(DBN)

These Frugal Habits Are Actually Just Wastes Of Money
(DBN)

____________

Mass Torts:

Judge: Garlock bankruptcy case a ‘long, strange trip,’ ultimately led to public access
(DBN)

Garlock Has No One but Itself to Blame for Bankruptcy, Says Attorney for Asbestos Plaintiffs' Law Firm
(DBN)

BP ups attack on Gulf of Mexico administrator
(DBN)

____________

Retailing:

Two Dozen Retailers Won’t Open on Thanksgiving–And They’re Shaming the Ones That Will
(DBN)

Michael Kors sees slowing same-store sales on muted spending --- Why Michael Kors Can't Afford to Cut Prices
(DBN)

____________

Pensions:

Nortel Bondholders Fight Canadian Retirees for $1 Billion
(DBN)

PBGC claims $40M in Asahi Tec settlement
(DBN)

____________

Fraud:

Supreme Court to Take on Whistleblowers
(DBN)

Judge chooses to 'cheat justice,' sentences prominent S.I. businessman to probation, $4.8 million for bank fraud
(DBN)

____________

Lehman:

Investor hopes rise for huge settlements in ex-Lehman RMBS
(DBN)

____________

Banking:

Ex-Bank CEO Says He Led A Double Life As A CIA Agent And Hunted Osama Bin Laden
(DBN)

____________

Autos:

GM Could Face $2 Billion Tab If Bankruptcy Shield Falls
(DBN)

Uber’s ‘Thousands’ of Car Loans Said to Include Risky Subprime Borrowers
(DBN)

Half of GM's Recalled Vehicles Not Repaired --- G.M. Offers $25 Cards to Owners Who Get Ignition Switches Fixed
(DBN)

____________

Education:

Ivy League schooling still packs a serious wallop
(DBN)

____________

Politics:

Elections Are Democratic Disaster
(DBN)

Harry Reid Congratulates Mitch McConnell On Becoming Majority Leader --- Republicans Have Taken Over The Senate With Victory In Iowa --- Battle for the Senate: How the GOP did it
(DBN)

First Black Sen Elected in South Since Reconstruction
(DBN)

Exit Polls Showed a Very Angry Electorate
(DBN)

____________

New Bankruptcy Opinions
(1 new opinion today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (18 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (3 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)

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Tax:

Give and Take: Delaware Bankruptcy Court Dismisses Trustee’s Turnover and Avoidance Claims Relating to Debtor’s Net Operating Losses
(DBN)

____________

Avoidance Actions:

New Value Does Not Need to Remain Unpaid
(DBN)

____________

Mootness:

Stop in the Name of Equity: Second Circuit Affirms Dismissal of Appeals in Chapter 11 Liquidation Proceedings as Equitably Moot
(DBN)

____________

TBTF:

Hedge Funds Decry Swaps Changes Meant to Allow Big-Bank Failures
(DBN)

____________

Litigation:

How NOT to do PC searches: Experts explain dangers of Rule 41 changes
(DBN)

Litigation Finance: Transaction Structures
(DBN)

____________

Resorts:

Developer of bankrupt Montana luxury club grilled
(DBN)

____________

Television:

What Houston Lost to Finally Get the Rockets and Astros on TV Again
(DBN)

____________

Photography:

Kodak wants to close Chapter 11 case --- Kodak is Racking up Fees and Wants to Close its Chapter 11 Case
(DBN)

____________

Corporate Reform:

JPMorgan prepares for cost of criminal investigation
(DBN)

____________

Celebs:

A Melancholy List of Edgar Allan Poe’s Debts, From His Bankruptcy Petition
(DBN)

Wyly Widow Gives Bankruptcy Court Details of Homes, Furs --- Wyly Bankruptcy Won't Block SEC Asset Freeze --- N.Y. judge to Wylys: You can’t keep SEC away by declaring bankruptcy
(DBN)

'RHONJ' Teresa Giudice Prison Sentence Fallout: Companies Cut Ties With Bankrupt Bravo Star! --- Teresa Giudice's Net Worth Suffers
(DBN)
(DBN)

Teresa Giudice Filming Real Housewives of NJ Now, Report Says - Prison sentence will be part of it
(DBN)

Chrisley Knows Fraud? Bankruptcy Trustee Claims Reality Stars May Have Used Shady Behavior To Hide Cash From Creditors
(DBN)

Jacqueline Laurita bankruptcy lawsuit stalls: ‘RHONJ’ star to pay $1 million
(DBN)

Retrial May Await Anna Nicole Smith's Lawyer
(DBN)

Gone in an Instant: How One NBA Player Lost $110M
(DBN)

____________

Sovereigns:

Argentina asks US appeals court to reverse Griesa's contempt ruling
(DBN)

George Soros, Kyle Bass Battle With Paul Singer In UK Court
(DBN)

Hedge fund owner says will ‘continue search for Argentine assets to seize’
(DBN)

Griesa widens battleground
(DBN)

Will Argentina Settle with Holdouts in 2015?
(DBN)

Kicillof rejects rumors of vulture funds negotiations as ‘pure lies’
(DBN)

The plot thickens
(DBN)

US reply to Argentina: Soderberg's responsibilities as public servant not linked to bonds' dispute
(DBN)

____________

UK:

The future for pensions in bankruptcy
(DBN)

UK Services Index Slumps to 17-Month Low as Economy Cools
(DBN)

Insolvency in the charities world – the pension scourge
(DBN)

Don’t fear the insolvency practitioner
(DBN)

David James forced into auctioning signed memorabilia after becoming bankrupt
(DBN)

Premier League footballers: four who went bankrupt
(DBN)

An Update on the Bankruptcy and Debt Advice (Scotland) Act 2014
(DBN)

Lawyers brought in to study background of Phones 4u’s collapse
(DBN)

Analysis Of An Alternative Finance Bankruptcy - Why Did Albemarle & Bond Go Under?
(DBN)

Rolls-Royce to cut 2,600 staff, appoints new CFO
(DBN)

11,000 Farepak cash claims remain unpaid - eight years after the Christmas savings club collapsed
(DBN)

____________

EU:

Eurozone PMI Makes For An Ugly Reading
(DBN)

Efforts to make resolving insolvency easier in Europe are proceeding slowly
(DBN)

EU slashes eurozone growth forecast
(DBN)

All The Ways The Euro Crisis Is Actually Much Worse Than The Great Depression
(DBN)

EU economic growth outlook dims on rising geopolitical risks
(DBN)

European shares extend losses after report on challenge to Draghi
(DBN)

Too Many Children Are Living With Unemployed Parents In Europe
(DBN)

Warnings from Japan for the eurozone
(DBN)

____________

PIIGS:

Artworks to be returned to Seán Dunne's wife and son
(DBN)

____________

Canada:

Scotiabank Cuts Most Jobs Among Canada Banks in a Decade
(DBN)

School bankruptcy leaves parents high and dry
(DBN)

____________

Bahamas:

Bank of Bahamas: $69m loss drove insolvency fears
(DBN)

____________

Bulgaria:

Corpbank's bankruptcy postponed due to a mysterious investor with links to Bulgaria, Malta and Russia
(DBN)

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