September10_, 2014

The Daily Bankruptcy News

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Law:

Key Bingham Group Mulling Move Amid Merger Talks --- Will Bingham lose its London managing partner? Merger talks said to spur possible exodus --- Could Bingham Merger Talks Trigger More Partner Departures?
(DBN)

The Greatest Lawyer Letter Ever? — Champion
(DBN)

Lawyer Population, Wages Dominate Texas Legal Sector
(DBN)

Business of Law
(DBN)

Remembering Danny
(DBN)

Suit Tossed Against Barclays, Former Dewey Leaders
(DBN)

Jones Day welcomes insolvency partner in Brussels
(DBN)

Kirkland & Ellis Expands Global Restructuring Practice in Hong Kong --- Kirkland launches restructuring practice in Asia
(DBN)

McGlinchey Stafford Opens New York City Office
(DBN)

BuckleySandler is opening a London office
(DBN)

Suspended lawyer blames leisure lifestyle for misstatements, acknowledges snarky emails
(DBN)

Why Outside-The-Box Thinkers Make The Best Lawyers
(DBN)

Legal Rebels 2014
(DBN)

The ABA Doesn’t Care If Law Students Are Poor
(DBN)

Surprising Studies Show How Boredom Can Make You A Better Worker
(DBN)

How To Stop Putting Off A Task You Hate
(DBN)

Stasis
(DBN)

Legal Services - Nothing But Commodity (But Differentiation Demands Guts, Imagination)
(DBN)

Power Words You Should Be Using To Get People's Attention
(DBN)

First Impressions of Apple's iPhone 6 --- How To Use Apple's New Payment System In 4 Easy Steps --- This Is The Apple Watch --- Starts At $349, Will Ship In Early 2015 --- The iPhone 6 Will Be $199; The iPhone 6 Plus Will Be $299 --- 19 Things You Need To Know About The New Apple Watch --- What you need to know about the new Apple Watch --- If You Care About Battery Life, You Will Want The iPhone 6 Plus --- 8 things to know about the new iPhones --- Apple Shares Fall After Announcing iPhones, Apple Pay, Apple Watch --- How Apple's New Devices Will Shake Up The Smartphone, Smart Watch, And Payment Markets --- Apple Left Out Two Very Important Details About Its New Smartwatch --- Here's Everything You Need To Know About Apple's Best iPhone --- Every Apple Customer Gets The U2 Album For Free --- The Key Differences Between The iPhone 6 And The iPhone 6 Plus --- Here's How Apple Makes Using A Giant Phone Easy With One Hand --- Big Beautiful Photos Of The iPhone 6 --- Big, Beautiful Photos Of Apple's New Apple Watch --- iPhone 6 Will Have Really Fast Wi-Fi That Makes Phone Calls, Too
(DBN)

18 Apps That Every Modern Lady Should Have On Her Phone
(DBN)

Why Do We Sign For Things? A Rabbi, A Lawyer And A MasterCard Exec Explain
(DBN)

Disturbing Study Shows Why Cops Take Your Property To Pad Their Own Budgets
(DBN)

Civil asset forfeitures more than double under Obama
(DBN)

The NFL Never Asked Casino For The Rice Tape --- Ray Rice and the NFL's Compliance Fumbles --- The NFL thought the Ray Rice video was a firing offense. Fox News thought it was a joke. --- Ray Rice's Wife Criticizes NFL --- Rice Loses Sponsors; Wife Defends Him --- Can Ray Rice Still be Prosecuted for Domestic Violence? --- Goodell Facing Criticism Over Handling of Rice Case --- Ray Rice was indefinitely suspended. Why weren't these players? --- Raven's Ray Rice Likely to Keep $25 Million --- Ray Rice Prosecutors Defend No-Jail Deal Despite Video --- No, Ray Rice Should Not Be In Jail --- Former Ravens player Ray Rice got no special treatment in criminal case, lawyers say
(DBN)

Woman finds sister's convicted killer on Facebook
(DBN)

You really can get pulled over for driving while black, federal statistics show
(DBN)

Ferguson Council Considering Changes in Wake of Unrest
(DBN)

Woman Sues Over Lawyer's Alleged Plot to Kill Her
(DBN)

Man, Woman Arrested After Police Pull Over Filthy Minivan
(DBN)

Son of Proskauer Special Counsel Allegedly Filmed/Distributed S-- Act w/o Girlpal's Permission
(DBN)

Corporate Lawyers Breaking Bad
(DBN)

If lawyers programmed GPS nav devices . .
(DBN)

______________

Judges:

All clear given at Aberdeen bankruptcy building
(DBN)

CO: Law Clerk Position
(DBN)

Oops: Appeals Court Cites Forgotten Evidence in Ruling
(DBN)

This 'Bad' New NBC Show Is Already Having Behind-The-Scenes Problems
(DBN)

Heather “Digby” Parton’s screed about Justice Scalia’s “depravity” and the death penalty gives new meaning to the word “dishonest.”
(DBN)

Justice Kagan Matches Her Portrait
(DBN)

Supreme Court Clerk Hiring Watch: Into 2016 We Go — Plus SCOTUS Clerk Bonus News
(DBN)

Courthouse shooter is tackled by county official, dies at scene
(DBN)

Supreme Court Justices Simply Make Up Facts
(DBN)

______________

Wall Street:

US Index Futures Little Changed
(DBN)

Global stocks lower on growth worries, Fed jitters
(DBN)

Stocks Extend Losses
(DBN)

If You're A Hedge Fund Dude, This Is The Personal Ad For You
(DBN)

Blackrock: 3 Market Trends To Watch As The US Economy Improves
(DBN)

______________

Layoffs:

BLS: Jobs Openings at 4.7 million in July, Up 22% Year-over-year
(DBN)

The 20 Best Cities For Job Seekers This Fall
(DBN)

12 Things You Should Never Say On Your Last Day Of Work
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Corporate Reform:

Warren Blames Bank Regulators for Lack of Prosecutions
(DBN)

No Banker Crimes? Don’t Make Me Laugh!
(DBN)

An Enemy Far More Threatening Than Elizabeth Warren Could Soon Have Major Power Over Wall Street
(DBN)

____________

Education:

US News & World Report Announces the 2015 Best Colleges --- US News college rankings: Princeton holds on to top spot. Is it really No. 1? --- New College Rankings Remind Us Of What's Wrong With American Higher Education
(DBN)

I Did My Daughter's Homework For A Week And It Nearly Killed Me
(DBN)

____________

Healthcare:

20 hospital closures, bankruptcies so far in 2014
(DBN)

Mayor Mayo Issues Statement on St. Francis' Potential 300 Layoffs
(DBN)

____________

Mass Torts:

Asbestos Litigation Summit Tackles Issues of Trust
(DBN)

____________

Fraud:

Madoff Pays the Ultimate Price
(DBN)

Mastro case gets new life in court
(DBN)

Feds Charge 6 With Running $500 Million Offshore Laundering Scheme
(DBN)

Former TierOne exec pleads guilty to fraud charges
(DBN)

____________

Corporate Governance:

Del. Judge Blesses Forum Bylaw Aimed at Scuttling M&A Suits
(DBN)

Companies Get New Weapon to Fight Deal Lawsuits
(DBN)

SC: Behind the Veil and the Blurred Distinctions of Entity Liability
(DBN)

Can Shareholders Bring “Direct” Mismanagement Claims Against Directors of Maryland Corporations?
(DBN)

____________

Tax:

Inversion Delusion
(DBN)

____________

Currency:

Hackers Have Gained Control Of Satoshi Nakamoto's Email Account And Are Threatening To Reveal His Identity
(DBN)

____________

Politics:

Lawyer who dropped out of state senate race sues to get his name removed from ballot
(DBN)

Hillary Clinton's Approval Numbers Return to Earth — WSJ/NBC Poll
(DBN)

____________

Coal:

Patriot Coal Corp Mine in W. Va. - Plans 150 Layoffs
(DBN)

____________

Finance:

Export-Import Bank likely extended, but only until December --- Boehner on Import Export Bank Reprieve
(DBN)

____________

Golf:

Trump-Branded Golf Course in Puerto Rico Continues to Struggle
(DBN)

____________

Economy:

US Job Openings Stay Near 13-Year High; Hiring Up --- Why companies picked up hiring
(DBN)

Map: Where people feel good and bad about how their country is doing
(DBN)

World Economic Forecast: Dim to Gloomy
(DBN)

Business Leaders Worry About Income Inequality And Revolution
(DBN)

NFIB: Small Business Optimism Index increases in August
(DBN)

The state of the American consumer
(DBN)

Late-Payment Rate on US Auto Loans Rose in 2Q
(DBN)

Ode to a F----- Generation
(DBN)

US Fed official's bank capital comments pressure stocks
(DBN)

Business Spending Plans Haven't Been This High Since December 2007
(DBN)

How To Break Into The Upper Class
(DBN)

Elizabeth Warren and Paul Krugman on the Middle Class
(DBN)

To fix the economy, let's print money and mail it to everyone
(DBN)

Fast-food workers stop Miami traffic demanding a $15 wage
(DBN)

Why you need a bachelor's degree to be a secretary today
(DBN)

The surprising truth about downward mobility in US higher education
(DBN)

9 reasons why the economy stinks, according to Alan Greenspan
(DBN)

Most Influential 50 Are the Bankers, Investors Who Move Markets
(DBN)

Survey Says: Everything You Know About Millennials Is Wrong
(DBN)

Welfare recipients can use debit cards to buy marijuana
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

Jackson & Associates law firm merges with The Wolf Firm
(DBN)

A Manhattan Parking Spot Now Runs You a Cool $1 Million
(DBN)

Abandonment: When Property Drops Out of the Bankruptcy Estate
(DBN)

Las Vegas Real Estate in August: YoY Non-contingent Inventory up 39%, Distressed Sales and Cash Buying down YoY
(DBN)

Trulia: Asking House Prices up 7.8% year-over-year in August
(DBN)

Fannie Mae widens credit box for failed homeowners
(DBN)

Registry Company Can Assign Mortgages, Superior Court Says
(DBN)

Elevation Chandler demolition OK'd, deadline March 2015
(DBN)

____________

Municipalities:

Syncora, Detroit reach deal in principle over city bankruptcy --- Detroit bankruptcy breakthrough: Deal on debt
(DBN)

Detroit bankruptcy trial focuses on Detroit Police and Fire Departments --- Day 6: Detroit bankruptcy trial live blog recap
(DBN)

Detroit Police cars were 'probably the worst I had ever seen,' chief
(DBN)

Land deal with Detroit creditor may have merit
(DBN)

Deal reached to overhaul Detroit water agency --- The water deal…and what they said about it in court --- Detroit New Water Agency to End Suburban Standoff --- Detroit water deal: Motown's reinvention --- Lawmaker has doubts about $50-million Metro Detroit water deal
(DBN)

Detroit Mayor Mike Duggan on city's revival: 'The next milestone will be to end the bankruptcy'
(DBN)

Detroit's bankruptcy trial and the city's future
(DBN)

Why Detroit-Windsor Tunnel plays key role in bankruptcy deal
(DBN)

Robert Reich: Housing segregation destroyed Detroit
(DBN)

Detroit's revival leaves many in the cold
(DBN)

Detroit bankruptcy could set precedent
(DBN)

Local Metropolitan Detroit Industrial Disposition Team is awarded contract to sell Detroit's excess municipal transportation and utility maintenance assets
(DBN)

Trump Entertainment files for bankruptcy again in blow to AC
(DBN)

Decades of standing pat made Atlantic City a loser, say veteran workers
(DBN)

Caesars’ Loveman Says Worst Is Over for Atlantic City
(DBN)

Donahue may bring tough love to Puerto Rico power agency
(DBN)

Chicago Water Bonds Seen Shielded From Pension Woes
(DBN)

Scranton controller warns against spending
(DBN)

States Too Generous in Tax Abatements for Biz
(DBN)

Here's The Most Affluent Town In Every State
(DBN)

33 Things Every New Yorker Should Do This Fall
(DBN)

____________

Lehman:

Giants Stadium sues Lehman for $302 million bankruptcy claim
(DBN)

Lehman's Land Legacy--Plots & Ploys
(DBN)

US court revives Lehman employee lawsuit over retirement plan
(DBN)

Cleaning up Lehman: Failed Bank Selling More California Land
(DBN)

Lehman Brokerage Unsecured Creditors to Start Getting Money
(DBN)

____________

Gambling:

Trump Entertainment Resorts Files for Bankruptcy Protection --- Trump casinos file Chapter 11; seek concessions --- We're closing Nov. 13 if we can't reduce expenses --- And Atlantic City's Next Dead Casino Is... --- Trump Casinos File Bankruptcy Amid Unions Health Dispute
(DBN)

Rainforest Cafe sues to stay open at Atlantic City’s doomed Trump Plaza Casino
(DBN)

Wall Street sharks circling the financially bleeding operator of Horseshoe Baltimore
(DBN)

____________

Food/Beverage:

C&S bids to acquire AWI, White Rose in Chapter 11 --- Increasing competition led to bankruptcy
(DBN)

Associated Wholesalers Seeks Bankruptcy, Plans Asset Sale
(DBN)

McDonald's August Sales Highlight Struggles in Key Markets --- Another dip in same-store sales --- Kids Are Too 'Sophisticated' To Go To McDonald's --- Worst Sales Decline In 10 Years
(DBN)

Former Starbucks Employee Reveals What Baristas Really Think Of Pumpkin Spice Latte Season
(DBN)

Restaurant Owner Writes Scathing Facebook Post After Philadelphia Eagles Player Leaves A 20-Cent Tip
(DBN)

____________

Distressed Investing:

Wilbur Ross – The King Of Bankruptcy
(DBN)

____________

Autos:

Why Smart People Aren't Impressed By Luxury Cars
(DBN)

____________

Oil/Gas:

The End Of Fracking Is Closer Than You Think
(DBN)

US: World Oil Demand Up 38% by 2040
(DBN)

____________

Awards:

LawDragon Selects Top 500 Lawyers For 2014
(DBN)

____________

Personal Finance:

Consider This Before Leaving A Job To Pursue Your Dream
(DBN)

How I Manage 13 Separate Credit Cards Without Going Into Debt
(DBN)

10 Major Advantages To Owning A Home
(DBN)

____________

Failure:

What 11 Extremely Successful People Learned From Failure
(DBN)

____________

Tax:

Strong Support for Congressional Action on Inversions — WSJ/NBC Poll
(DBN)

S&P: Inversions Could Lead to Credit Downgrades
(DBN)

____________

Religion:

Talks between Archdiocese, bankruptcy creditors continue
(DBN)

____________

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 (25 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)

______________

Bankruptcy Statistics:

Distressed Company Watch List
(DBN)

WD PA Filings Down 17% in August YtY
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

______________

Avoidance Actions:

District Court Adopts Subjective Good Faith Defense for Fraudulent Transfer Claims in SIPA Case
(DBN)

____________

Interest:

Post-Petition Interest: Not Very Predictable
(DBN)

____________

Plan Confirmation:

US judge rules Momentive creditors cannot change votes --- Senior Lenders Can't Change Vote --- Bankruptcy court rejects Momentive noteholders’ bid to change plan votes
(DBN)

Momentive Senior Noteholders Lose Fight for Make-Whole Premium
(DBN)

Momentous Decision in Momentive Performance Materials: Cramdown of Secured Creditors – Part I
(DBN)

____________

IP:

A Closer Look At Recent Trends At The Intersection Of Intellectual Property And Bankruptcy Law
(DBN)

____________

Due Process:

Publish or Perish: How Much Publication Notice Is Enough to Provide Notice to Unknown Creditors?
(DBN)

____________

Jurisdiction:

Mind the Statutory Gap (aka A Jurisdictional Mess)
(DBN)

____________

Recent Pleadings:

 

______________

TBTF:

Lawmakers Press Regulators to Lessen Risks Banks Pose to Financial System
(DBN)

Banks to Pay Price for Choice to Be Big, Fed's Tarullo Says
(DBN)

Moody’s to redo ratings of bank debt
(DBN)

____________

Retailing:

RadioShack: Bankruptcy Imminent, Webush Says --- RadioShack Corporation Shares Sink; Analyst Says Bankruptcy Imminent --- CDS Widens, Bonds Dip --- Troubled Radio Shack worth $0 a share?
(DBN)

Revenue Drops Sharply at Barnes & Noble
(DBN)

JC Penney Sets $350M Bond Offering; Existing Debt Surges In Trading
(DBN)

US states probe Home Depot breach, senators seek FTC investigation
(DBN)

____________

Celebs:

N.J. 'Real Housewives' Teresa and Joe Giudice put Montville home on market for $4M
(DBN)

‘My Five Wives’ Star Bankruptcy Final – Gets Huge Debt Wiped Clean
(DBN)

____________

Sovereigns:

When vulture funds circle, who will make debt repayments fairer?
(DBN)

U.N. to negotiate legal framework for sovereign debt restructuring --- UN assembly approves creation of debt restructuring framework --- Argentina right to seek global debt restructuring: Stiglitz
(DBN)

Restructuring debt restructuring
(DBN)

The IMF And Sovereign Debt
(DBN)

Argentina: Lower House committee clears Sovereign Payment bill for debate--- Cristina asks opposition to vote 'responsibly' on Sovereign Payment bill --- Lower House committee clears debt restructuring bill for debate
(DBN)

Argentina concedes creditors do not want in on bond swap
(DBN)

Kicillof: Vulture funds are working to force peso devaluation
(DBN)

____________

UK:

The Scottish independence referendum, explained
(DBN)

Scotland: Tallying the costs of going it alone --- Investors pull cash ahead of vote
(DBN)

Scottish trainees and newly-qualified solicitors in yawning pay gap compared with English cousins
(DBN)

What will Scotland use for money if it becomes independent? --- The currency options for an independent Scotland
(DBN)

Spanish Bonds Tumble as Scotland Swing Spurs Catalan Comparisons
(DBN)

Mark Carney: Britain Got The Jobs, America Got The Profits
(DBN)

Ex-BGC Broker Loses Bullying Case as Judge Says Insults Common
(DBN)

____________

EU:

Unenviable Choices At The European Central Bank
(DBN)

Draghi's Case For Quantitative Easing in Europe
(DBN)

Obstacles loom for Mario Draghi's loans plan
(DBN)

Investors snap up covered bonds in race to beat ECB
(DBN)

____________

PIIGS:

Krugman: The Structural Fetish
(DBN)

____________

Canada:

Former Livent executive hit with 15 year trading ban
(DBN)

Questions on sale still surround Negro Community Centre
(DBN)

GM Canada “ambushed” dealers in 2009, court told --- GM dismisses 'ambush' allegations as 'hyperbole'
(DBN)

____________

France:

French Deficit Set to Rise for First Time in Five Years
(DBN)

____________

Brazil:

Brazil insolvency rate up in August
(DBN)

Moody's threatens to downgrade Brazil as economy stalls
(DBN)

Moody's adds to pressure on Rousseff --- Brazil Rating Outlook Cut to Negative by Moody's on Growth
(DBN)

____________

Russia:

1 In 3 German Companies Expect Business With Russia To Decline Sharply This Year --- Big money disagrees on investing in Russia
(DBN)

Russia Threatens to Bankrupt Western Airlines by Closing Its Airspace
(DBN)

____________

Ukraine:

The IMF's New Cold War Loan To Ukraine
(DBN)

____________

MENA:

Saudi's Algosaibi says creditors' steering committee formed
(DBN)

US Air Raids In Iraq Are Inadvertently Fueling Sectarian Warfare
(DBN)

Taking on ISIS Could be a Huge Fiscal Fiasco
(DBN)

20 Facts About ISIS Leader Baghdadi
(DBN)

Libya Moves Closer to Becoming a Failed State
(DBN)

____________

Malaysia:

How the Malaysians Used a Skyscraper to Fool the World
(DBN)

____________

Venezuela:

Venezuelan Rout Deepens as Default Specter Raised
(DBN)

Venezuelan Bonds Rebound As Investors Weigh Default Risks
(DBN)

Hugo Chavez's Absence Felt on Wall Street Bond Desks
(DBN)

____________

Latvia:

Ukraine's KVV Group to buy Latvia's insolvent steelmaker
(DBN)

____________

 

 

 

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