October 16, 2014

The Daily Bankruptcy News

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Law:

With Settlement, Marc Dreier Is Off the Hook for Court Testimony
(DBN)

Law Firms Face Slashed First-Year Billings
(DBN)

Pathways To Partnership: To Specialize Or Not To Specialize
(DBN)

28 Harvard Law Professors Blast University's New Sexual Misconduct Policy In Boston Globe Op-Ed
(DBN)

Too old to attend law school? Not for this 93-year-old, who is auditing courses at Yale
(DBN)

University of Louisville law school applications plummet; declines also at University of Kentucky, Northern Kentucky University
(DBN)

The Top 55 Law School Buildings
(DBN)

Do Too Many Faculty Stars Hurt Law School Performance?
(DBN)

LawProse: What’s wrong with initial-caps point headings?
(DBN)

Phrases Professionals Use To Get People To Trust Them
(DBN)

Firing A Client
(DBN)

Australian firms see dramatic drop in partner headcount
(DBN)

Who's Who: Global Commercial Litigation --- Trends
(DBN)

Firm goes into lockdown to protect identity of partner who made out with first year trainee at welcome party
(DBN)

The Most Entertaining Apps That Aren't Games
(DBN)

10 Things Every Man Should Add To His Wardrobe After College
(DBN)

Can You Wear a Sheath Dress and Jacket to an Interview?
(DBN)

Bengals Player Fined $25,000 For Dirty Ankle Twists After Tackles
(DBN)

Heckling Carmelo Anthony Costs Financial Services Employee His Job, Clean Arrest Record, Sweet Corporate Seats: Lawsuit
(DBN)

Woman gets jail time for overgrown yard
(DBN)

Parents May Be Liable for What Their Kids Post on Facebook, Court Rules
(DBN)

Uber Passenger: I Was Kidnapped
(DBN)

Woman is declared innocent after spending 17 years in jail; witness was ‘habitual liar,’ judge says
(DBN)

DA seeks release of man imprisoned 29 years, cites fake murder confession by teen ‘fed false facts’
(DBN)

"Unruly" Chore-Loving Freak Arrested for Mopping Aggressively
(DBN)

Sordid or educational? ‘Deadbeat’ TV show shames child-support scofflaws with real courtroom footage
(DBN)

S. Carolina: Stand Your Ground Not for Girls
(DBN)

Top state court nixes disbarment request of lawyer who admittedly stole $354K
(DBN)

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Judges:

5th Circuit judge explains remarks on race and crime; ethics complaint is tossed
(DBN)

Judge Refuses To Postpone Hearing Because Maternity Leave Isn’t A Good Enough Excuse
(DBN)

Same-Sex Marriage Judge Benchslap: Litigation Is Between One Plaintiff And One Defendant
(DBN)

Play FantasySCOTUS
(DBN)

Judge's Bid to Stop Creditors from Garnishing her Bank Accounts Rejected
(DBN)

Court announces total photo ban after earlier rule is flouted by multiple media outlets
(DBN)

Latest fallout in AG’s ‘p---gate’ probe: State supreme court judge sent or received over 200 emails
(DBN)

A Judicial Diva, Cleared Of Wrongdoing
(DBN)

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Wall Street:

US Stocks : Futures Slide More Than 1%
(DBN)

Asian stocks take a beating after US data
(DBN)

Markets Getting Crushed Again
(DBN)

Traders Are Blaming Yesterday's Sell-Off On 7 Things
(DBN)

It Was Only A Few Weeks Ago That Wall Street Was Sure Stocks Would Go Higher
(DBN)

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Layoffs:

Virginia - 565 State Worker Layoffs Possible
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Banking:

Bank of America Stock Slides Despite Smaller Than Expected Per-Share Loss --- Bank of America moves past worst legal costs, posts loss
(DBN)

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Food/Beverage:

Northern Beef's $30M loan hinged on $10 million in state funds, no taxes
(DBN)

Cash-poor Bill the Butcher paid for CEO’s fancy Queen Anne home
(DBN)

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Retailing:

US retail sales drop in September on autos, gas --- U.S. Retail Sales Give Cautionary Sign On Consumer Demand --- Retail Sales in U.S. Dropped More Than Forecast in September
(DBN)

Recent Studies Show Varied Predictions on Households’ Holiday Spending
(DBN)

RadioShack negotiates store closings with lender
(DBN)

Wal-Mart Is Drastically Cutting Back On Building Supercenters
(DBN)

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Television:

Comcast won't ask appeals court to intervene before CSN ruling
(DBN)

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Religion:

Kansas City diocese agrees to settle 30 lawsuits for $10 million
(DBN)

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Politics:

The Top Senate Republican Has No Clue How Obamacare Actually Works?
(DBN)

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Toll Roads:

Toll Road board deals with bankruptcy , other issues
(DBN)

____________

Tech:

Apple Is Waging An 'Unusual And Unprecedented' Battle To Keep Its Secrets In A $1.5 Billion Bankruptcy Case
(DBN)

Apple Told to List Items to Seal in GT Advanced Case
(DBN)

Sapphire production problems at GTAT may have started back in February
(DBN)

GT Advanced delays hearing on sealed documents, wind-down
(DBN)

Execs at Apple sapphire supplier sold $10M worth of stock before bankruptcy
(DBN)

GT Advanced Technologies: Non-GAAP Signals
(DBN)

Bankrupt Apple supplier may spark bidding war
(DBN)

____________

Fraud:

Steve Cohen Introduces Incentive Bonus For Employees Who Refrain From Insider Trading (Seriously)
(DBN)

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Prisons:

What a Struggling Jail Means for Investors, Small Towns --- As Prison Population Sinks, Jails Are a Steal
(DBN)

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Economy:

NY Fed: Empire State Manufacturing Survey indicates "business activity grew modestly" in October --- New York factory growth at slowest pace in 6 mos.
(DBN)

Treasuries Rally Biggest Since 2009 on Fed Speculation
(DBN)

U.S. Inflation Gauge Turns Lower
(DBN)

With Stock Prices Tumbling, Investors See Fed Pushing Back Rate Hikes
(DBN)

Fed Survey Finds 'Subdued' Price Gains, 'Modest' Wage Growth
(DBN)

U.S. Budget Deficit Reaches Lowest Since 2007 on Revenue Jump --- Why deficits have fallen so dramatically
(DBN)

Retail Sales decreased 0.3% in September
(DBN)

Wal-Mart offers bleaker outlook for sales and profit growth
(DBN)

Janet Yellen Still Feels Good About Growth
(DBN)

Dem Senator Says Middle Class Is $200K A Year
(DBN)

Banks are winning, we are losing, but that's okay
(DBN)

Top economists say Piketty is wrong about wealth inequality. They misunderstood him.
(DBN)

Bill Gates: The 3 Most Important Business Lessons I've Learned From Warren Buffett
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Judges appear split over highly charged rent-stabilization case
(DBN)

Who’s more likely to own a home, a firefighter or a lawyer?
(DBN)

Former ‘People’s Attorney’ radio host is tried in $10M mortgage-fraud case over real estate closings
(DBN)

___________

Municipalities:

Detroit bankruptcy deal could be revealed today
(DBN)

Detroit bankruptcy judge hears from residents --- ‘Praying for justice’: Detroit residents sound off on historic bankruptcy --- Detroit bankruptcy judge getting an earful --- Detroiters get chance to put city's bankruptcy plan on trial --- Detroit activist allowed to question Orr in court
(DBN)

United Nations human rights experts to explore Detroit water disconnections, update recommendations
(DBN)

Day 19: Detroit’s Bankruptcy Trial
(DBN)

Detroit bankruptcy scorecard: Day 20
(DBN)

Detroit bankruptcy scorecard: Day 21
(DBN)

Group helps connect the Detroit diaspora
(DBN)

How a Jefferson County court ruling "riled" Wall Street and sewer bond investors
(DBN)

California Bankruptcy Judge Rules that State Law Does Not Protect Pension Fund from Municipal Bankruptcies
(DBN)

San Bernardino mayor: Police union claim untrue
(DBN)

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Healthcare:

The Second Ebola Nurse Was On Commercial Flights And Now The CDC Is Looking For The Other Passengers --- Frontier jet made 5 flights before taken out of service in Ebola scare --- Airline Stocks Fall --- CDC Director: Texas Nurse 'Should Not Have Traveled On A Commercial --- Ebola nurse Amber Vinson called CDC several times before flying'
(DBN)

Am Law Firms in Africa See Minimal Effects of Ebola - For Now
(DBN)

Why Ebola Is Such A Uniquely Terrible Virus --- Dallas hospital learned its Ebola protocols while struggling to save mortally ill patient
(DBN)

After A Month Of Silence, We Finally Know What Happened To Emory's Third Ebola Patient
(DBN)

Ebola Is Making Experts Rethink Life-Saving Procedures That Risk Exposure
(DBN)

Ebola in the Financial Suite
(DBN)

Obama to hold Ebola meeting at White House
(DBN)

____________

Awards:

Lawyers Who Lead by Example 2014 Awards
(DBN)

____________

Tax:

A $55 Billion Merger Designed To Dodge Taxes May Be Falling Apart
(DBN)

____________

Entertainment:

Netflix Shares Get Crushed After HBO Says It Will Launch Standalone Streaming Service
(DBN)

____________

Hedge Funds:

Billionaire Hedge Fund Manager John Paulson's Inversion Bet Falls Sharply
(DBN)

US hedge fund Elliott Advisors pays unnamed London executive £38m
(DBN)

____________

Non-Profits:

Wolf Sanctuary in Colorado Files for Bankruptcy
(DBN)

____________

Corporate Reform:

Citi Chairman Has An Idea Re: Bank Regulators (Hint: There Should Be Fewer Of Them)
(DBN)

____________

Electricity:

Judge Lets Bankrupt TXU Pay Out Executive Bonuses
(DBN)

____________

Student Debt:

Report says private student borrowers can't get help
(DBN)

The Best And Worst States To Live With Student Debt
(DBN)

____________

Currency:

Moolah Plans Company Return Despite "Critical Bug" and Locked Bitcoin Exchange
(DBN)

Controversies Begins to Surround Moolah and “So-Called” Alex Green
(DBN)

____________

Video Games:

Filing argues Corso owes $232,800 to 38 Studios
(DBN)

____________

Mass Torts:

Dispute Narrows Over 'Misrepresentation' Evidence in Asbestos Case
(DBN)

Resin manufacturer files for bankruptcy; asbestos cases are stayed
(DBN)

Court: Statute of limitations for asbestos bankruptcy trust's insurance claim has not run out
(DBN)

Peanut farmers deal with fallout from salmonella
(DBN)

____________

Education:

Trump liable in AG's suit against unlicensed 'Trump University'
(DBN)

____________

Class Actions:

California District Court Finds Bankrupt Named Plaintiffs Not Adequate Representatives
(DBN)

____________

Coal:

Why outlook is bleak for US coal producers
(DBN)

____________

Bankruptcy Crimes:

Suit: FBI took assets owed for child support
(DBN)

____________

New Bankruptcy Opinions
(6 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (20 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (38 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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Corporate Governance:

Fiduciary Considerations for Pre-Bankruptcy Transactions
(DBN)

____________

Bankruptcy Reform:

Consumer Regulator Vows Bankruptcy Reform Action As Student Loan Borrowers Suffer
(DBN)

____________

Public Court Access:

U.S. judge in GT Advanced bankruptcy questions need to seal documents
(DBN)

GT Advanced Confidentiality Hearing With Apple Delayed
(DBN)

____________

Bankruptcy Bonuses:

Federal judge approves EFH $20 million executive bonus plan
(DBN)

____________

SPEs:

Enron and the Special Purpose Entities-Use or Abuse? -- The Real Problem -- The Real Focus
(DBN)

____________

Litigation:

Small Firm Prevails With DIY Predictive Coding
(DBN)

____________

TBTF:

AIG Bailout Trial Turns to Whether U.S. or CEO in Charge
(DBN)

____________

Autos:

GM sued for $10 billion over losses on recalled cars
(DBN)

Morgan Stanley Sees 'Biggest Drop In History' For Used-Car Prices
(DBN)

Toyota Recalls Another 1.75 Million Cars
(DBN)

____________

Gambling:

Carl Icahn Ready, Willing To Man The Craps Table At Trump Taj Mahal
(DBN)

Trump Casino Turns to Christie as Icahn Seeks State Aid
(DBN)

Trump Casinos Fate, Union Fight to Be Decided This Week
(DBN)

Revenue falls as Atlantic City casinos close
(DBN)

Trump Casino Turns to Christie as Icahn Seeks State Aid
(DBN)

Expected Caesars Entertainment subsidiary bankruptcy doesn't mean casino will close
(DBN)

____________

Celebs:

'Real Housewives' star Joe Giudice back in court again?
(DBN)

'Real Housewives' star wavers on taking plea deal
(DBN)

Teresa and Joe Giudice: Leading Separate Lives
(DBN)

'The Real Housewives of New Jersey' star Teresa Giudice reportedly planning to tape videos for daughters to watch during jail time
(DBN)

Mrs Amal Clooney on marriage and marbles
(DBN)

____________

Personal Finance:

10 Ridiculously Easy Ways To Save Money Right Now
(DBN)

____________

Oil/Gas:

Suddenly the Law of Supply and Demand Now Applies to Oil
(DBN)

Oil Analysts on the Fall Off in Prices
(DBN)

____________

UK:

Warren Buffett Has Begun Dumping Stock In The World's 2nd Largest Retailer --- Buffett: I Screwed Up on Tesco
(DBN)

____________

EU:

Europe Is Flirting With A New Kind Of Economic Meltdown That Hasn't Been Seen Since The 1930s
(DBN)

Eurozone inflation slumps as currency bloc faces triple-dip recession
(DBN)

Europe's 'Fear Index' Is Surging
(DBN)

____________

PIIGS:

Portugal to stick with austerity program in 2015
(DBN)

Greece Is In Full-Blown Stock Market Collapse --- Greek stocks plummet as bond yield surge threatens bailout exit --- Why Greek Markets Collapsed --- ECB Said to Be Undecided on Easing Greek Collateral Requirements
(DBN)

Drugs And S-- Help Bring Italy Out Of Recession
(DBN)

Sean Dunne's wife disputes ownership of painting seized from K Club house --- Lloyds sells troubled Irish loan book to Lone Star
(DBN)

UniCredit, Italy’s biggest lender, to dispose of more than €5bn in bad loans --- AnaCap buys €1.9bn of non-performing loans from UniCredit --- Italy's Tax Cut Is 'The Biggest Ever Done'
(DBN)

____________

Canada:

Post-Filing Interest in a CCAA Proceeding: Re Nortel Networks Corp.
(DBN)

The View From Up North: Has The CBA Crossed The Line?
(DBN)

____________

Russia:

Putin Warns Of "Nuclear Power Consequences" If Attempts To Blackmail Russia Don't Stop
(DBN)

____________

MENA:

Egypt Working On Bankruptcy Law
(DBN)

US Forces Found 5,000 Chemical Weapons in Iraq - Just Not the Ones Bush Claimed Were There
(DBN)

____________

Brazil:

MMX Mineracao seeks bankruptcy protection in Brazil --- Batista's Brazilian iron-ore unit files bankruptcy petition
(DBN)

____________

Mexico:

Citigroup’s Mexico Unit Fined $2.2 Million Over Loan Controls
(DBN)

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