October 20, 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

Law:

Milbank Hiring Partner Sees Big Uptick in 3L Recruits
(DBN)

New York law firm’s bond with most expensive office tower in US
(DBN)

Report: Rents Up, Square Footage Down for Am Law 200 Firms
(DBN)

It's Gonna Cost You: Rise in Corporate Litigation
(DBN)

Compliance biggest concern for law firms, insolvency No. 2
(DBN)

First-Year Associates Handbook
(DBN)

Settlement saves convicted attorney from making lengthy handcuffed trip to testify about law firm
(DBN)

Bankruptcy Lawyer Aces NPR Puzzle
(DBN)

Kramer Levin Becomes Target in TransPerfect Partners' Row
(DBN)

Buchanan Ingersoll & Rooney appoints new CFO
(DBN)

You've Been Rolling Your Shirtsleeves Wrong Your Entire Life
(DBN)

Lawyerly Lairs: A Skadden Associate’s Housing Hunt
(DBN)

Former employees sue Heenan Blaikie
(DBN)

Lawyer Says It’s Copyright Infringement To Use Her Own Blog Posts Against Her In Disciplinary Proceedings
(DBN)

Ron Klain: From Whiz-Kid Lawyer to ‘Ebola Czar’
(DBN)

Concierge Lawyer?
(DBN)

How Being A Law Student And Functional Human Don’t Always Have To Be Mutually Exclusive
(DBN)

18 Signs You Have A Terrible Boss
(DBN)

7 Ways You're Annoying Your Boss Without Realizing It
(DBN)

I'm Never Going To Upgrade My First-Generation iPad — Here's Why
(DBN)

10 Rules For Better Manners That Every Guy Should Commit To Memory
(DBN)

Darren Wilson's Side Of The Story In The Shooting Death Of Michael Brown
(DBN)

The FBI Director Hates Encryption Even Though The FBI Tells People To Use It
(DBN)

Riot Police Deploy Tear Gas as Pumpkin Festival Turns to Mayhem
(DBN)

Fake IRS agents scare consumers into paying up
(DBN)

Man accused of stealing restaurant's plumbing
(DBN)

Cops called after woman assaults boyfriend over bed covers
(DBN)

Drunk woman arrested, mistook jail for bar
(DBN)

DA: ‘Hit list’ shows inmate sought to kill 9 witnesses, suggesting methods and order of slayings
(DBN)

Cliven Bundy is Back
(DBN)

Lawyer gets 6 months for setting up school volunteer in faked drug case
(DBN)

Man charged with trapping, eating raccoons in apartment complex
(DBN)

Court: Facebook Not a Valid Way for Mom to Tell Dad She’s Pregnant
(DBN)

A Dose Of Reality In Week Four Of ‘How To Get Away With Murder’
(DBN)

______________

Judges:

Judge Edith Jones and the dismissal of the ethics complaint --- On being “uncomfortable” and “offended”–the ethics complaint against Judge Jones and the student affiants --- Marc Bookman and “The pot calling the kettle black” --- Fed Judge Cleared in Ethics Case
(DBN)

How Edith Jones Helped Prove Eric Holder Right: Lessons I Learned About Race After Defending A Judge Accused Of Racism
(DBN)

Why It Took Months to Reveal Fifth Circuit Misconduct Dismissal
(DBN)

Judge clears courtroom after noticing police report said arrestee claimed to have Ebola
(DBN)

Judges Are At Each Other’s Throats Over ‘P---gate’ Scandal
(DBN)

Ginsburg's Blistering Dissent on SCOTUS Tx. Voter ID Ruling
(DBN)

Judge Jails Woman For Wearing Pants To Court
(DBN)

______________

Wall Street:

US Index Futures Rise After Stocks ' Fourth Weekly Drop
(DBN)

Japan's Nikkei surges 4% as Asian markets rebound
(DBN)

European Stocks Fall as Earnings Miss Estimates
(DBN)

US shares rise as volatile Wall Street settles down
(DBN)

Market turmoil: A gift for mortgage refinancers?
(DBN)

______________

Layoffs:

Sprint Corp. to Layoff 452 jobs at its headquarters
(DBN)

Yellen Goes on Road to Investigate Health of the Jobs Market
(DBN)

BB&T cutting about 800 jobs
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Toll Roads:

Critics urge state officials to reclaim privatized Indiana Toll Road
(DBN)

____________

Politics:

Democratic candidates tap Warren to fire up party faithful
(DBN)

Bruce Rauner bullies reporter who exposed bullying of a female CEO
(DBN)

One Of Two Scenarios Will Play Out If Republicans Win The Senate
(DBN)

Why the Senate Doesn't Look Like America
(DBN)

____________

Religion:

Archdiocese reached out to victims' lawyer after years of battles
(DBN)

Hopes of Catholic church, Winona diocese reform rise after deal
(DBN)

Pope: 'God is not afraid of new things' --- Setback for pope as synod fails to agree --- Pope prepares to purge conservative cardinal
(DBN)

____________

Gambling:

Caesars Bringing Senior Lenders To Bargaining Table, Stock Soars 13%
(DBN)

Judge Voids Union Contract of Trump Taj Mahal Employees --- Workers furious --- Judge denies stay pending appeal
(DBN)

Will Atlantic City's Taj Mahal Be Saved?
(DBN)

Trump Casino Cuts May Save Taj Mahal at Union’s Expense
(DBN)

Straub attorney files appeal of Revel sale
(DBN)

Local 54 calls judge's decision on Taj contract a 'disgrace'
(DBN)

Donald Trump says upstate New York casinos will 'go down the tubes'
(DBN)

____________

Autos:

Mistake in GM Loan Could Come Back to Haunt JP Morgan --- Delaware high court says GM loan documents valid despite creditor error, could boost unsecured creditor recoveries 2-3 percent
(DBN)

General Motors General Counsel Millikin to Retire
(DBN)

A Surprising Look at General Motors' Sales After 26.5 Million Vehicles Recalled
(DBN)

____________

Cable Television:

Disruption: The Cable Bundle Is Slowly Coming Apart
(DBN)

____________

Fraud:

Here's Why The Wife Of Convicted Insider Trader Mathew Martoma Should Get To Keep Her House(s)
(DBN)

____________

Hedge Funds:

Steve Cohen's Still Killing It
(DBN)

____________

Lehman:

Lehman Says RMBS Trustees Imperil More Distributions
(DBN)

____________

Paper:

GNP East bankruptcy filing delays auction, ‘increases chances’ of East Millinocket mill restart, attorney says
(DBN)

____________

Celebs:

Scottie Pippen's former financial advisor found guilty of bank fraud
(DBN)

Catch Me If You Can: Bankrupt Moolah founder, Alex Green, accused of multiple identities by Dogecoin founder, Palmer Jackson
(DBN)

The Broke and the Beautiful: Guilty Again Edition
(DBN)

____________

Financial Privacy:

White House to Launch New Measures to Protect Against Identity Theft, Fraud
(DBN)

____________

Economy:

Consumer Sentiment in U.S. Increases to a Seven-Year High --- Consumer Sentiment: Cheaper Gasoline Seems to Trump Ebola Fears
(DBN)

Businesses Upbeat About Jobs, Economic Growth
(DBN)

48 Million Americans Now Live in Poverty
(DBN)

How Does Your State’s Economy Rank?
(DBN)

Janet Yellen's 4 Ways To Get Richer
(DBN)

Yellen: 'Greatly Concerned' About Rising Inequality In America --- 5 Quotes From Janet Yellen on Income and Wealth Inequality
(DBN)

The Highest Paid Employee At The Fed Makes $312,000, And It's Not Janet Yellen
(DBN)

Q&A With San Francisco Fed’s John Williams
(DBN)

Here's What The Official US Recession Indicators Are Signaling Right Now
(DBN)

Blackrock: Why Rates Will Stay Low For A Long Time
(DBN)

Fed's Rosengren Sticks to 3% Growth Forecast, Sees End for QE --- I Can 'Easily Imagine' Us Holding Off On Rate Hikes Until 2016
(DBN)

Market Action Reinforces Need For Policy Patience: Fed's Rosengren
(DBN)

Here's What 'Normal' Monetary Policy Means
(DBN)

Here's Where The Richest 10% Control The Bulk Of A Country's Wealth
(DBN)

Millennials Are Intensely Conservative When It Comes To Investing
(DBN)

The 'New Mediocre' --- How to do better than the ' new mediocre '
(DBN)

America's Second Fastest-Growing Job Pays Less Than $10 An Hour
(DBN)

U.S. Debt Held by Foreigners Hits Record $6.07 Trillion
(DBN)

World's Richest Lose $26 Billion
(DBN)

Poor kids who do everything right don’t do better than rich kids who do everything wrong
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

Gain in Home Building Points to Sustained U.S. Growth --- Home building stays stuck in slow recovery mode --- Housing Starts Rise 17.8% Year-Over-Year In September --- Homebuilders Buck Turmoil With Best Gain in Nine Months --- Don’t Hold Your Breath for Double-Digit Increases in Housing Starts
(DBN)

Fannie Mae, Freddie Mac reach deal to ease mortgage lending
(DBN)

Fannie Mae Privileged Info Could Threaten Financial Markets: Sweeney
(DBN)

What $1 Million Buys You In New York City
(DBN)

New York City's 'Billionaire's Row' Is Being Abandoned
(DBN)

Here's why renters in America feel trapped
(DBN)

JPMorgan Is Planning To Build Massive New $6.5 Billion Headquarters In NYC
(DBN)

Deal struck to pay August Wilson Center stagehands
(DBN)

Stuyvesant Town, a Symbol of the Downturn, is Rising in Value
(DBN)

___________

Municipalities:

Detroit bankruptcy case to resume today
(DBN)

Light at the End of the Tunnel for Detroit’s Bankruptcy
(DBN)

Detroit bankruptcy case winds down, leaving loose ends to tie up
(DBN)

Detroit's 'Climb Out Will Take Years, Maybe Generations' -- Ron Fournier
(DBN)

Hard-nosed creditor turns Detroit investor --- Creditor becomes stakeholder in Detroit's future
(DBN)

Consultant: Kilpatrick deal doomed Detroit's finances
(DBN)

DIA chair defends double-digit compensation for execs
--- Defends 6-figure salaries
(DBN)

Will Detroit's Last Creditor Surrender Claim to DIA Collection?
(DBN)

Orr: Post- bankruptcy Detroit needs business to promote it to investors
(DBN)

FGIC deal for Joe Louis Arena leaves a funny taste
(DBN)

Detroit hands Joe Louis Arena, home of Red Wings, over to creditor
(DBN)

At Detroit's border, a barrier separates the haves from have-nots
(DBN)

United Nations officials to hear from Detroiters affected by water shut-offs --- Are Detroit's water shutoffs a violation of international law?
(DBN)

What’s best for Detroit post-bankruptcy?
(DBN)

How 'One Tough Nerd' Faced One Tough Reelection
(DBN)

The odd couple: Snyder and Duggan transcend labels
(DBN)

San Bernardino Police Want Deadline for Filing Plan
(DBN)

Bankrupt San Bernardino Seeks $125,000 Image Makeover
(DBN)

Stockton Judge: Pension Obligations Are Not Impervious to Impairment In Chapter 9 Bankruptcy. What Comes Next?
(DBN)

Puerto Rico mulls $2.5 bln debt sale to boost liquidity-sources
(DBN)

Scranton eyes impacts of Act 47 changes --- Act 47 changes not enough
(DBN)

Under bill, taxes could rise for workers in Pa.'s distressed cities — except Pittsburgh
(DBN)

Census Bureau: California still has highest U.S. poverty rate
(DBN)

AFSCME fights for underfunded pension benefits
(DBN)

____________

Oil/Gas:

A Massive Rout in Oil Drillers
(DBN)

Endeavour Obtains Interim Stock and Claims Order
(DBN)

Crashing Oil Prices Are Great ... And Also, Very Bad
(DBN)

When 'No Brainer' Trades Go Spectacularly Wrong
(DBN)

____________

Food/Beverage:

Crumbs' Grand Reopening Doesn't Address Two Of Its Biggest Problems
(DBN)

Jimmy Kimmel Asks Anti-GMO People What GMOs Are
(DBN)

____________

Electricity:

Creditors take aim at Energy Future plan for sale of Oncor stake
(DBN)

____________

Healthcare:

South Nassau completes purchase of bankrupt Long Beach hospital
(DBN)

Dallas Hospital Loses Patients, Money on Ebola --- Presbyterian Hospital Launches PR Campaign
(DBN)

Ebola: Much worse to come --- Dallas Hospital Becomes 'Ghost Town' --- Staff in TX Ebola Case Asked to Avoid Public Spaces --- Life in Quarantine for Ebola Exposure: 21 Days of Fear and Loathing --- Obama Dismisses Ebola 'Hysteria' --- Ebola Suits Against Texas Hospital Likely Wouldn’t Be Easy to Win --- Support builds for travel ban --- Travel Ban Over Ebola May Bring Other Troubles --- 'It Doesn't Work': Experts Slam Ebola Travel Ban --- There Was An Ebola Scare At The Pentagon --- U.S. Hospitals Aren't 'Ebola-Ready' --- The Ebola Crisis In Dallas Exposes One Critical Gap In The US Public Health System --- Here's What Makes Ebola So Simple And Deadly ----New York City's Rats Are Carrying Viruses No One's Seen Before --- Panic On The Ebola Cruise: 'It's Like A Floating Petri Dish' --- A Reporter Trapped On The 'Ebola Cruise' Is Tweeting The Truth About It --- Officials Scramble to Find Shoppers at Bridal Store Visited by Ebola Patient --- Ebola Discoverer: 'Without A Vaccine I’m Not Sure We Can Stop Ebola’ --- Children In Ebola Ground Zero --- Here's What Happens If You Survive Ebola --- Ebola Is 'Jerking Us Back To The 19th Century' --- Tracking Ebola in the United States --- Labs asked to plan for producing Ebola drug --- As Ebola Fear Spreads, So Does the Risk of Economic Contagion --- Ebola Cases Raising Employment Law Issues --- Hospitals Sweat Potential Ebola Liability --- Nurse at Dallas Ebola Hospital Hires Lawyer --- The Texas law that could make it hard for Ebola patients to sue
(DBN)

____________

Personal Finance:

20 Fees To Stop Paying Right Now
(DBN)

How To Avoid Getting Ripped Off On A Rental Car
(DBN)

5 Interview Questions You Should Always Prepare For
(DBN)

This Is What You Need To Say In A Resignation Letter
(DBN)

____________

Awards:

Fairfield lawyer named NACBA state chair
(DBN)

____________

Tech:

What Scares Apple About Its GTAT Contracts?
(DBN)

A Man Invested In An Apple Supplier Wrote A Heartbreaking Letter About The Company's Bankruptcy
(DBN)

GT Advanced Technologies Inc Suspended By NASDAQ
(DBN)

IBM Whiffs, Stock Plunging
(DBN)

____________

Aviation:

U.S. Airlines to Deliver Strong Profits - However, Concerns About Ebola, Economic Slowdown
(DBN)

Richard Branson's Virgin Just Bought An Airline For 88 Cents
(DBN)

____________

New Bankruptcy Opinions
(3 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (35 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (23 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)

______________

Miscellaneous:

The Week Ahead
(DBN)

____________

Cross-Border:

Korean phone-maker Pantech files bankruptcy in U.S.
(DBN)

____________

Sales:

Strategies For Acquiring Assets In U.S. Bankruptcy Cases-Changes In The Law
(DBN)

____________

Automatic Stay:

Can You Inadvertently Waive Your Automatic Stay Rights Goodbye?
(DBN)

Stay Relief: What Happens to “Unreasonable” Fees?
(DBN)

____________

TBTF:

Megarich Plaintiffs, Legally Adrift
(DBN)

AIG’s Ex-CEO Says He Took the Job to Help His Country
(DBN)

Fed lists problems with banks' stress test submissions
(DBN)

Fed Weighs Using Bank Stress Tests for Crisis Prevention
(DBN)

____________

Coal:

Walter Energy: A Look At Its Runway If It Wants To Avoid DIP Financing
(DBN)

____________

Awards:

IWIRC Names Lauren F. McKelvey 2014 Rising Star
(DBN)

____________

Apparel:

GoLite files for Chapter 11 bankruptcy reorganization
(DBN)

____________

Banking:

Unofficial Problem Bank list declines to 426 Institutions
(DBN)

Bank Failure Friday: NBRS Financial, Rising Sun, Maryland,15th Failure of 2014
(DBN)

____________

Newspapers:

Former WaPo chief warns of ruin when advertisers 'wake up' and pull out
(DBN)

____________

Currency:

Moolah Back Tracks on Bankruptcy
(DBN)

____________

Education:

Bank of America Signs Off on Plan to Save Corinthian: Prelude to a New Deal?
(DBN)

____________

Tax:

Swiss Bank Reckoning is Far From Over
(DBN)

____________

Agriculture:

Farmers, Hedge Fund Strike Deal Over Payments for Guar
(DBN)

____________

Retailing:

Retailer Alco Stores Secures Interim Loan Approval
(DBN)

Sears up for sale? Not this year at least
(DBN)

____________

Sovereigns:

' Argentina must audit the debt taken between 1976 and 2013'
(DBN)

Argentina to launch $1bn two-year bond
(DBN)

'Vulture Fund' Says Argentina Hasn't Learned
(DBN)

____________

UK:

Mk One founder jailed after string of fashion bankruptcies
(DBN)

Central bankers placate rates fears
(DBN)

Why London Is The World Divorce Capital
(DBN)

Tesco staff 'misled auditors’ over black hole
(DBN)

Rolls-Royce Shares Crash
(DBN)

____________

EU:

The ECB Suffers A Stunning Leak
(DBN)

State of Europe's Banks Could Send New Jolts
(DBN)

____________

PIIGS:

Donald Trump: Sean O'Rourke is an a------
(DBN)

Shane Filan on bankruptcy : 'It is a form of gambling'
(DBN)

Huge Rally In Greece --- Greece does not see big surprises in ECB stress tests-paper
(DBN)

Espirito Santo family's main holding companies to be liquidated
(DBN)

____________

France:

EuroPoker Files for Bankruptcy in French Court
(DBN)

Small Business Owners Explain Why France Is A Nation In Decline
(DBN)

____________

Germany:

Lufthansa Strikes Just Grounded Thousands Of Flights
(DBN)

Store chain Karstadt to name new boss with closures in view
(DBN)

German turnaround deals remain elusive
(DBN)

____________

Australia:

Aussies sign up to lifetime of debt
(DBN)

____________

Malaysia:

Rising trend in youths going bankrupt worrying
(DBN)

____________

Russia:

Russian Legal Market Turns Bearish for International Firms
(DBN)

Moody's downgrades Russia's rating
(DBN)

Putin: 'Global Economy Would Suffer If Oil Prices Remain At $80 Per Barrel'
(DBN)

Yukos ex-owners want Russian assets in EU seized
(DBN)

____________

Jamaica:

Insolvency Bill now passed in Senate
(DBN)

____________

China:

Suntech's foreign bondholders still waiting
(DBN)

China’s Rapid Growth Model Is About To Slam Into A Wall
(DBN)

Neither Hong Kong Protesters Nor The Government Is Backing Down
(DBN)

Chinese Eating Rare Mammal to Extinction
(DBN)

Debt-Laden Zombie Firms Threaten China
(DBN)

____________

MENA:

Saudi contractor MMG says board approves recovery plan
(DBN)

Dubai judge approves liquidation of local Espirito Santo unit
(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 stories 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