October 22, 2014

The Daily Bankruptcy News

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Law:

Bingham McCutchen Latest Big Law Firm Facing Trouble --- Bingham chief admits to rough spot
(DBN)

Business of Law --- Business of Law (2)
(DBN)

Professional Warfare In Contract Work - Newbies Accept Peanuts, Experienced Face Wage Deflation
(DBN)

Musical Chairs: Kirkland & Ellis Loses Another Prominent Private-Equity Partner
(DBN)

U.S. Virgin Islands Sues Buchanan Ingersoll Over Tax Issues
(DBN)

Weil loses PE rainmaker to Kirkland & Ellis
(DBN)

Beyond Biglaw: Top Of Mind
(DBN)

In Defense Of Jonathan Dach
(DBN)

New Business Development - Hustle In PetSmart, 12-Step Meetings At Upscale Locations
(DBN)

DLA Piper accuses Facebook of intimidation as firm responds to fraud allegations
(DBN)

New York Weighs Overhaul of Bar Exam
(DBN)

Top Scorer on Florida Bar Exam Is IRS Agent
(DBN)

Wayne State law school plans to freeze tuition --- Law Schools for Sale
(DBN)

Mat Staver Resigns As Dean Of Liberty School Of Law
(DBN)

Law schools revamp for new era and anemic job market
(DBN)

What Law Schools Can Learn from Dental Schools in the 1980s Regarding the Consequences of a Decline in Applicants
(DBN)

New Attack Ads Brutalize Rival Law School
(DBN)

Tips for attorneys when speaking with the news media
(DBN)

Tricks For Sitting At Your Desk Without Hurting Your Back
(DBN)

A Simple Guide To Matching Your Socks And Shoes
(DBN)

Why Americans Are Stressed Out At Work
(DBN)

Use of Profanity Lands Lawyer in Jail
(DBN)

7 Questions To Ask Yourself Before Starting An Office Romance
(DBN)

The 5 Jackets Every Gentleman Should Wear This Fall
(DBN)

iPad mini 3: Is it Good for Business? --- Lenovo Yoga Tablet 2: Android and Windows Tablets for Business --- Mini tablets compared
(DBN)

The 11 Most Popular Apps Employees Use At Work
(DBN)

Donald Sterling Quits Suing Everybody
(DBN)

Uber Driver Allegedly Threw Rider On the Street and Smashed Her iPhone
(DBN)

For More Teens, Arrests by Police Replace School Discipline
(DBN)

Suspect in shooting spree angry police didn't kill him
(DBN)

As suspension ends for Yankees' Alex Rodriguez, woes continue
(DBN)

Woman Is Taken Hostage By Bank Robbers On High-Speed Chase; Later Killed By Police Who Fire Over 600 Bullets Into The Car
(DBN)

Las Vegas DA to seek county OK for reality TV show about cold and closed cases
(DBN)

"The Good Wife" - Cockroach As Tipping Point
(DBN)

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Judges:

State Supreme Court Justice Suspended Over Huge P--- Email Scandal --- Court Kicks Supreme Court Justice To Curb --- When Ron Castille Called Seamus McCaffery a “Sociopath” --- Castille's scathing opinion lays bare dysfunction on Pa.'s highest court --- Rough justice
(DBN)

Pennsylvania Supreme Court suspends its own Justice McCaffery, asks for ethics investigation
(DBN)

RI Bankruptcy Court Closed . . .By Squirrel
(DBN)

Obama picks favorite SCOTUS decision of his tenure, sees downside to becoming a justice
(DBN)

Judges in China Are Quitting in Droves
(DBN)

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Wall Street:

US Index Futures Decline as Investors Weigh Forecasts
(DBN)

U.S. stocks jump; Nasdaq enjoys best day in 21 months
(DBN)

U.S. Stocks Surge; Nasdaq Up 2.4%
(DBN)

Why Stocks Are Surging Back
(DBN)

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Layoffs:

Hard Truths Every Job Seeker Should Know
(DBN)

Kimberly-Clark to cut more than 1,000 jobs
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Politics:

Some Democrats Think The 'Warren Wing' Of The Party Can Save Them From An Election Day Disaster
(DBN)

13 Things We Just Learned About Conservatives And Liberals In America
(DBN)

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Tax:

Swiss bank secrets begin to emerge
(DBN)

Ninth Circuit Decision Provides Significant Support for Taxpayers Seeking to Discharge Tax Debt in Bankruptcy
(DBN)

Obama Just Scored His First Huge Victory In His Battle Against Inversions
(DBN)

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Aviation:

Lufthansa pilots threaten more strikes
(DBN)

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Tech:

Frustration mounts as latest GTAT bankruptcy hearing begins
(DBN)

GT Advanced nears deal over Apple secrecy - lawyer --- Lawyer Says Accord With Apple Isn't Final Yet --- Apple and GT have cut a deal
(DBN)

GT Advanced reaches bankruptcy deal with Apple, will sell off more than 2,000 sapphire furnaces to pay debt --- GT Advanced Allowed to Wind Down After Deal With Apple
(DBN)

GT Advanced stock up more than 100 percent on talk of Apple settlement --- GTAT And Apple May Reach A Deal. Doesn't Mean The Stock Is Worth Anything
(DBN)

GT Advanced may soon be clear of that $50 million Apple penalty
(DBN)

GTAT wants to lay off 47 in New Hampshire
(DBN)

Apple fiasco is the latest failed subsidy scheme
(DBN)

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Celebs:

‘Hottest Girl in America’ Settles With Girls Gone Wild
(DBN)

'RHONJ' Teresa Giudice Broke! Bravo Star Loses Major Endorsement Deal Amid Major Money Troubles
(DBN)

‘Real Housewives’ prison drama: Crisis manager quits, prosecutors riled up
(DBN)

Teresa Giudice asks to serve term in halfway house
(DBN)

Dallas billionaire who used to own Michaels arts and crafts chain files for bankruptcy one year after $400M judgment in SEC fraud case
(DBN)

‘Jersey Shore’ Star Pleads Not Guilty to Tax Fraud
(DBN)

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Gambling:

Hearing set for Trump casino name lawsuit
(DBN)

Caesars to enter into formal talks with bank lenders
(DBN)

Bankruptcy Judge: Union Did Not Negotiate in Good Faith
(DBN)

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Economy:

Unemployment Rates Fall in 31 US States Last Month --- Unemployment Rate Below 5% in 15 States
(DBN)

Global Growth Woes Threaten to Beset U.S. Economy
(DBN)

Wealth is outpacing income...a scary sign
(DBN)

They Built That — On Minimum Wage
(DBN)

The Head Of The New York Fed Gave Wall Street A Chilling Ultimatum
(DBN)

Zombie Ideas That Keep on Losing --- If Being Wrong About the Economy Is Wrong, I Don’t Wanna Be Right
(DBN)

Some Of Warren Buffett's Favorite Stocks Have Been Getting Slammed
(DBN)

Study: Minimum Wage Hike Doesn't Kill Jobs
(DBN)

LA area Port Traffic in September: Imports Highest since 2006, Exports Soft
(DBN)

Former world’s richest man Nelson Bunker Hunt dies in modest circumstances in US after losing his fortune
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Existing home sales hit highest level in 2014 --- Existing Home Sales in September: 5.17 million SAAR, Inventory up 6.0% Year-over-year
(DBN)

California Foreclosure Starts Lowest Since 2005
(DBN)

Housing Market Slows Due to Student Loan Debt, Credit Access
(DBN)

Mortgage-Backed Securities: “It Is The Rare Ordinary Human Being Who Understands Them”
(DBN)

Ocwen's Stock Tumbles On New York Regulator Backdating Accusations
(DBN)

Rural areas seek piece of subprime-loan settlement
(DBN)

Woman’s condo is sold at auction because of $95 overdue tax bill; she says she never received notice
(DBN)

The Top 10 U.S. States Where Chinese Are Investing in Real Estate
(DBN)

The 25 Biggest Landowners In The US
(DBN)

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Municipalities:

Bankruptcy judge to hear from handpicked expert --- Live blog 8:30 am: Bankruptcy judge's adviser to testify
(DBN)

Orr testifies again in Detroit bankruptcy trial
(DBN)

Judge drops hints as Detroit bankruptcy case nears finish line
(DBN)

Judge wants settlements, loan, fees in Detroit's closing arguments
(DBN)

Detroit pension investment board, VEBA trustees identified in key bankruptcy step
(DBN)

Scrap metal, Joe Louis Arena key to Detroit bankruptcy exit plan
(DBN)

Hedge funds ready to go along with Detroit bankruptcy
(DBN)

The 9th Plan of Adjustment: a draft is filed
(DBN)

Man chosen as Harrisburg's next treasurer resigns after earlier bankruptcy disclosed --- Harrisburg City Council has 30 days to pick new City Treasurer
(DBN)

New Act 47 provisions could mean more accountability for distressed cities – and less local control
(DBN)

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Electricity:

Energy Future Judge Delays Oncor Bids to Hear Creditors
(DBN)

____________

Fraud:

No Protection in Ponzi Schemes: Utah Bankruptcy Court Limits Investors’ Ability to Retain Returns on Investments
(DBN)

On Trial's Eve, Rothstein Feeder Fund Owner Agrees to SEC Settlement
(DBN)

Rothstein Investor Seeks Reversal of Arbitration Order
(DBN)

NY regulator says Ocwen backdated foreclosure letters to borrowers
(DBN)

Former SAC Manager Martoma’s Bid to Delay Prison Denied
(DBN)

Corporate fraud
(DBN)

___________

Food/Beverage:

McDonald's earnings ugly; shares tumble --- 3 Reasons Americans Are Abandoning McDonald's --- McDonald’s Vows Fresh Thinking
(DBN)

Coca-Cola Shares Tank After Management Warns On Profits
(DBN)

The Best New York City Restaurant For Every Kind Of Cuisine
(DBN)

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Hedge Funds:

Hedge Funds Were Caught On The Wrong Side Of Two Big Trades Last Week
(DBN)

____________

Personal Finance:

20 Easy Ways To Make Grocery Money Go Further
(DBN)

How To Calculate The Tip In Under 30 Seconds
(DBN)

Here's Exactly What To Say When Your Kid Asks, 'Are We Rich?'
(DBN)

____________

Banking:

Fed to big banks: Clean up your act or you're done
(DBN)

More About that Fed Culture Crackdown on Banks
(DBN)

NY Fed spotted JPMorgan 'Whale' risks four years before scandal: report --- The Fed's Inspector General Has Found Problems With The NY Fed's Handling Of JP Morgan's 'London Whale'
(DBN)

____________

Television:

New network for Rockets, Astros awaits bankruptcy judge's approval
(DBN)

____________

Oil/Gas:

Oil and Gas: troubled times
(DBN)

A New Wave Of Investors Is Betting On Small-Town Oil Drilling — And Winning
(DBN)

____________

Alternative Energy:

LDK Solar USA Files Chapter 11 Bankruptcy
(DBN)

____________

Media:

The Most- And Least-Trusted News Outlets In America
(DBN)

____________

Currency:

Bitcoin Trader.Biz Shuts Down: Scam or Theft? (Plus, Details on Panamanian Bankruptcy Laws)
(DBN)

____________

Student Debt:

CFPB's Loan Report Attacks Lenders Rather Than Empowering Students
(DBN)

____________

Retailing:

As Sears Shrinks, It's Taking on Role of Landlord
(DBN)

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New Bankruptcy Opinions
(4 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (19 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (13 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:

Interactive Bankruptcy Statistics Map
(DBN)

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IP:

Supreme Court's denial of review of Jaffe v. Samsung Electronics Co. preserves U.S. rights of licensees of Chapter 15 foreign debtors
(DBN)

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Avoidance Actions:

Preference Exposure? Keep Calm and Carry On (in the Ordinary Course of Business)
(DBN)

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Mass Torts:

Panel explores asbestos attorney fraud, lack of repercussions
(DBN)

____________

Litigation:

The Advantages of Contacting Opposing Counsel 34 Minutes After Inadvertent Disclosure of One Email
(DBN)

____________

Bankruptcy Crimes:

Former Barrington Hills couple face bankruptcy fraud charges
(DBN)

‘King of Foreclosures’ Arrested, Charged with Bankruptcy Fraud
(DBN)

Boise man admits concealing business asset during bankruptcy
(DBN)

____________

Healthcare:

Berkshire Health Systems Investing $6M in North County
(DBN)

Companies Try to Escape Health Law's Penalties - Shifting Employees to Medicaid
(DBN)

Attorney to act as 'eyes, ears' for county in NRMC bankruptcy
(DBN)

Daughters of Charity Health System Employees Sue Hospital Chain to Protect Pensions of Nearly 9,000 Workers and Retirees
(DBN)

The incredible cost savings that are possible when patients can actually shop around

The US Is Placing New Restrictions On Travelers From West Africa
(DBN)

Why Infant Mortality Is Higher In The US
(DBN)

____________

Construction:

Trustee to investigate whether Truland Group Inc. sold its art for a fair price
(DBN)

____________

Corporate Reform:

Corporate criminal liability
(DBN)

____________

Theme Parks:

Court delays sheriff's sale of Conneaut Lake Park
(DBN)

____________

Management:

5 Tips To Grow A Successful Business From Bankruptcy
(DBN)

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Financial Privacy:

Feds: Hackers Have Stolen 519 Million Financial Records in 2014
(DBN)

____________

Sovereigns:

Sovereign Bond Reforms Could Do More Harm Than Good To Developing Nations
(DBN)

____________

UK:

UK shortfall in tax receipts adds to problem of cutting deficit
(DBN)

MPC votes 7-2 to keep UK interest rates on hold
(DBN)

Milsted Langdon welcomes first female insolvency practitioner
(DBN)

Pension freedoms expose pots to bankruptcy orders - Entire pensions may be lost
(DBN)

Homebase to close one in four stores
(DBN)

____________

EU:

Europe's Biggest Ever Stress Tests Look Ugly
(DBN)

Almost one in 10 big eurozone banks will fail ECB stress tests
(DBN)

European Central Bank Stress Tests Could Shake Bank Ratings, S&P Says
(DBN)

Euro sell-off after report ECB looking at corporate bond buys
(DBN)

____________

PIIGS:

Italian police say discovered huge 1.7 bn corporate fraud
(DBN)

Dunne family secures planning to build $22m New York project
(DBN)

____________

Canada:

Clothier Boutique Jacob Inc. to shut down
(DBN)

RB Energy meltdown highlights tough times for lithium, rare earth firms
(DBN)

____________

Ukraine:

EU Approval Of A $40 Billion Gas Pipeline Would Send A Ominous Signal To Ukraine
(DBN)

____________

Russia:

Former Yukos Shareholders Say Russia Not Willing to Cooperate
(DBN)

Russia Will Be Plunged Into A Recession If Oil Prices Fall Further
(DBN)

____________

China:

China economy grows at slowest pace in 5 years
(DBN)

The Chinese Property Market Is In A Nosedive
(DBN)

China: Our Economic Growth Still Reasonable
(DBN)

We knew China was rich. But not this rich.
(DBN)

____________

Austria:

An Austrian Problem For German Banks
(DBN)

___________

Tunisia:

Tunisia economy needs three years of 'painful' reform
(DBN)

____________

MENA:

Rise In Divorce In Iran Signals A Seismic Shift For Women
(DBN)

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