September 11, 2014

The Daily Bankruptcy News

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Law:

Locke Lord, Edwards Wildman Sign Letter of Intent to Merge --- 1,000-attorney firm --- Law Firm Merger Mania: Locke Lord And Edwards Wildman Might Combine --- Merger Madness: Locke Lord and Edwards Wildman Exchange Promise Rings
(DBN)

Hogan Lovells, Kirkland & Ellis and the Hong Kong partner swap
(DBN)

Redefining the Law Firm Career Ladder
(DBN)

More Extreme Low-Paying Lawyer Jobs!!!
(DBN)

Why Houston Is Hot: A Conversation With BakerHostetler’s Sameer Mohan
(DBN)

Third Circuit Gets It Right in Cahill Fraud Case
(DBN)

Do Women Lack Guts?
(DBN)

Lawyer Suspended From Practice For Being Lazy, Sarcastic
(DBN)

Legal history is made as judge approves order to serve papers via LinkedIn
(DBN)

The View From Up North: CBA Recommends Sweeping Changes to Canadian Legal Profession
(DBN)

BakerHostetler Mercilessly Mocked By The Tonight Show
(DBN)

Back In The Race: Letter To A Mentor
(DBN)

The Apple Watch Has Two Obvious Flaws --- Ellen DeGeneres Tweeted The Funniest Comment About The Apple Watch --- 3 reasons not to buy Apple Watch
(DBN)

5 Milestones For Measuring Blogging ROI
(DBN)

alt.legal: How To Hack The Law, According To Morpheus
(DBN)

Reward now $40K for lawyer-slay suspect; he’s said to clear throat loudly, may use red-stained money
(DBN)

5 Things Our Parents Did That Would Get Them Arrested Today
(DBN)

Source Claims Ray Rice Video Sent To NFL -- 5 Months Ago --- Goodell Asks Former FBI Director to Investigate --- Fox Guest : "Ray Rice Is The Victim"
(DBN)

Army Officer Barred From Wearing 'Offensive' Uniform At Daughter's High School
(DBN)

Zero Tolerance: Student's chapped lips lead to policy change request
(DBN)

Co-worker who texted juror about case gets reply text from judge
(DBN)

Ex-prosecutor blames Ambien, job pressure for Web posts he resigned over; says few were work-related
(DBN)

Judge Finds Oscar Pistorius Not Guilty Of Premeditated Murder
(DBN)

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Judges:

Federal judge on "actual innocence"
(DBN)

Judge who ordered deputy to shock ‘rude’ pro se defendant should be banned, says public defender
(DBN)

Former Texas judge is reprimanded for delayed rulings, mass case dismissal
(DBN)

Lawyer’s suit against cellphone-grabbing courthouse deputy is revived
(DBN)

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Wall Street:

Stocks seen lower as Obama vows to fight IS
(DBN)

US stocks up as Apple shares jump
(DBN)

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Layoffs:

Equity Investors: Be ForeWARNed
(DBN)

Long-term unemployed still at record levels
(DBN)

650 ramp, baggage workers at DIA face layoffs after United Airlines ends contract with SkyWest
(DBN)

Is Obamacare killing jobs? Recent studies suggest it is not
(DBN)

More than 1,000 line up at A.C. job fair
(DBN)

5 weird habits of happy employees
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Gambling:

Trump Casinos Lawyer Sees 'Significant Possibility' of a Shutdown --- Trump Taj Mahal seeks rescue with concessions from lender, union
(DBN)

The Trump Taj Mahal Has 30 Days To Turn Things Around
(DBN)

Trump Entertainment begins race to save AC casino
(DBN)

Judge OKs Trump Entertainment to continue operations --- Trump Entertainment gets interim operating cash
(DBN)

Early signs of Caesars’ financial weakness were ignored
(DBN)

Developer Offers to Buy Revel Casino for $90M --- Revel buyer seeks new image for Atlantic City
(DBN)

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Student Debt:

Student Debt and Default Weighing On More Senior Citizens
(DBN)

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Food/Beverage:

Associated Wholesalers on Track to Sell Itself by End of October
(DBN)

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Retailing:

RadioShack: Bankruptcy Is 'Imminent' --- RadioShack: Closing Its Doors For Good?
(DBN)

Radioshack's White Knight --- RadioShack seeks more capital; shares soar --- RadioShack restructuring begins to takes shape --- What Does the Future Hold For RadioShack?
(DBN)

Can RadioShack save itself by redesigning its stores?
(DBN)

Firm Estimates Staggering Numbers In Home Depot Breach
(DBN)

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Aviation:

Regional Airlines Not Sharing in Majors' Success
(DBN)

Ferrone's claim rejected; Rock Airport and Business Park sale can proceed
(DBN)

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Celebs:

Here's How Joan Rivers Pulled Herself Out Of A $37 Million Debt
(DBN)

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Religion:

No deal yet in Milwaukee archdiocese bankruptcy
(DBN)

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Mass Torts:

BP Says Lab Studies Can't Prove Spill's Harm, but New Evidence Says They Can
(DBN)

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Corporate Governance:

Delaware Chancery Court Upholds “North Carolina Only” Forum Selection Bylaw
(DBN)

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Oil/Gas:

Buccaneer bankruptcy leaves millions in unpaid bills
(DBN)

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Economy:

U.S. wholesale inventories rise 0.1% in July --- Slowest in 12 months
(DBN)

Vehicle Sales: Fleet Turnover Ratio
(DBN)

The only 2 words that will matter at the Fed next week
(DBN)

Paul Krugman: The Fed Should Wait Until It Sees 'The Whites Of Their Eyes'
(DBN)

Retirement savings: The poor get poorer
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Florida's Foreclosure Nightmare --- Home Foreclosure Activity on the Rise in August --- Foreclosures are back; are they coming to your city?
(DBN)

FNC: Residential Property Values increased 7.4% year-over-year in July
(DBN)

MBA: Mortgage Applications Decrease in Latest MBA Weekly Survey, Refinance Activity Lowest since 2008
(DBN)

Judge OKs Spire developer's request to find financial backers
(DBN)

MBA: Mortgage Application Volume Fell A Dramatic 7.2% --- Lowest level since 2000
(DBN)

Three bidders want land at Gamecock Park
(DBN)

Luxury Homes: Priced to Sell at $30 Million
(DBN)

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Municipalities:

Detroit Bankruptcy Trial Suspended for Settlement Proposal --- Trial suspended until next week amid settlement --- Syncora Makes Deal In Detroit Bankruptcy Case --- On brink of key breakthrough --- Syncora deal good end to dispute --- Syncora Interview
(DBN)

'Creative transactions' used to reach breakthrough agreement in Detroit bankruptcy case
(DBN)

Syncora-Detroit bankruptcy deal still needs other creditors' backing --- Syncora gets cash, access to property; what's left for FGIC? --- Creditor alliance collapses, putting Detroit closer to exiting bankruptcy
(DBN)

Detroit-Syncora Deal Said to Need BofA, Retiree Backing --- Detroit's Bankruptcy Deal Hinges on 2 Banks
(DBN)

What's next in Detroit bankruptcy trial
(DBN)

Detroit's new bankruptcy deal worth 26 cents on the dollar, up from 10 cents
(DBN)

Detroit Clears Bond Hurdle on Path Out of Bankruptcy
(DBN)

What happens as Detroit begins to fight its way back to prosperity
(DBN)

Bankruptcy cleared way for change
(DBN)

In Bankruptcy Case, Detroit Turns an Opponent into an Ally
(DBN)

With S&P downgrade, New Jersey now second-lowest rated state
(DBN)

How Atlantic City Became a Casino Wasteland
(DBN)

Christie Grappling With Bond Downgrades, Budget Shortfalls, Casino Closures
(DBN)

The 10 most dangerous cities in America
(DBN)

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Privacy:

Russian Hackers Publish Passwords To Nearly 5 Million Email Accounts
(DBN)

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Banking:

US bank investors may have to take a $50-billion rain check
(DBN)

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Cemeteries:

Involuntary bankruptcy of Tuscaloosa cemetery has many frustrated
(DBN)

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Bankruptcy Crimes:

Matthews is indicted for wire fraud
(DBN)

Couple indicted on 10 felony counts of theft and fraud
(DBN)

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Fraud:

Judge to Warden: Release Marc Dreier (For a Day)
(DBN)

Rothstein judges approve Ponzi victims' settlement plan worth more than $50M
(DBN)

Bizarre Mastro case twist regarding Linda Mastro's jewels
(DBN)

A Research Firm Called This Internet Company A Ponzi Scheme, And Now Its Stock Is Getting Crushed
(DBN)

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Accounting:

PwC to face U.S. lawsuit over Colonial Bank collapse - court ruling
(DBN)

Charlie Munger Totally Burned The Accounting Firm Of One Of His Companies
(DBN)

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Piping:

PSL surges 10%, sells arms in US via bankruptcy proceedings
(DBN)

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Movies:

Hollywood Jobs Plummeting
(DBN)

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Healthcare:

Only 1 bidder for Natchez Regional Medical Center
(DBN)

Crittenden Regional Hospital department acquired by local doctor
(DBN)

On-the-job health insurance premiums moderate --- Yes, you are paying a lot more for your employer health plan than you used to
(DBN)

Do Workplace Wellness Programs Work? Usually Not
(DBN)

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Corporate Reform:

Trading Probe Widens to Hedge Funds
(DBN)

U.S. SEC charges corporate insiders with disclosure violations
(DBN)

SEC Comment Letters Lead Insiders to Dump Shares
(DBN)

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Hockey:

Glendale $1 million short in first year of Coyotes deal
(DBN)

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Education:

Students filing complaints against Morrison University
(DBN)

Colleges with the highest-paid grads
(DBN)

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Alternative Energy:

Suntech liquidators put asset transfers on hold
(DBN)

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Personal Finance:

4 times it’s OK to lie to kids about money
(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 (22 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (27 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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Due Process:

Publication Notice in The Wall Street Journal and the Orange County Register May Not Be Sufficient Notice to Unknown Creditors
(DBN)

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Avoidance Actions:

Only Debtor's Intent Relevant in Fraudulent Conveyance Claim
(DBN)

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DIP Finance:

Is TMT Procurement the Death Knell for Debtor in Possession Financing in the Fifth Circuit or Just a Pebble in the Ocean?
(DBN)

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Plan Confirmation:

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

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Bankruptcy Reform:

Bill Seeks to Smooth Banks' Bankruptcy Path
(DBN)

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TBTF:

Fed chief says he can ‘assign’ capital rules for insurers
(DBN)

Fed ready to stiffen rules for major banks
(DBN)

The Fed wants capital, not punishment
(DBN)

Delamaide: Big banks need to run for cover
(DBN)

Goldman, Morgan Stanley Likely To Face Steeper Capital Requirements
(DBN)

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Sovereigns:

Argentina Wins Overwhelmingly At UN, But 11 No Votes Matter Most --- Kicillof says UN debt restructuring resolution 'historic,' telling vulture funds 'no more'
(DBN)

The UN takes the first step to debt restructuring
(DBN)

Argentina touts UN resolution against vulture funds
(DBN)

Argentina's abuse of Keynes
(DBN)

Argentina Bonds Judge Won't Enforce Citigroup Subpoena --- Judge Griesa will wait for appeals court ruling before acting on holdouts' Citibank subpoena
(DBN)

Judge doesn't think Argentina violating his order
(DBN)

Griesa expected to decide on Citibank's payouts to bondholders in new hearing
(DBN)

Lower House debates new bond swap bill
(DBN)

Argentina's Congress passes debt restructuring law
(DBN)

Capitanich calls lawmakers to 'vote for the country' on debt swap bill
(DBN)

Escaping Default Via Venezuela Proves Painful
(DBN)

The Curse Of Cristina Kirchner?
(DBN)

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UK:

This Should Scare The Heck Out Of People Who Want Scottish Independence
(DBN)

Scotland's $25 billion question: How much oil?
(DBN)

New poll says Scotland likely to stay in the U.K
(DBN)

RBS would leave Scotland in case of independence --- RBS, Lloyds to Lead Financial Exodus on Scottish Yes Vote
(DBN)

Krugman: Even More On Scotland
(DBN)

The Domino Effect Of Support For Scottish Independence Has Already Started
(DBN)

Scottish independence: Blow to Yes campaign as BP and Standard Life claim breakaway will harm business
(DBN)

Scotland risks becoming Argentina of the north says Nangle
(DBN)

Scots won't get independence from a Yes vote
(DBN)

An Incident In Scotland With Gordon Brown Captures Everything About The Independence Debate
(DBN)

Cash Store creditors set for £85m hit
(DBN)

A Dark Art: the recharacterization of fixed charges under English law
(DBN)

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EU:

EU not happy with Cypriot foreclosures law, aid could be delayed
(DBN)

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PIIGS:

Greek auditor blocks major state property sale -sources
(DBN)

'There will still be defaulting debtors, there will still be restructuring' --- Former Anglo Chairman Seán FitzPatrick granted legal aid
(DBN)

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France:

France breaks 2015 deficit-cutting promise
(DBN)

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Germany:

Restructuring Karstadt holds crunch meeting
(DBN)

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MENA:

Al Gosaibi & Brothers sets up steering committee for debt restructuring
(DBN)

Kerry in Iraq for Islamic State Talks
(DBN)

Obama's New Plan Against ISIS --- President Clears Strikes Within Syria --- Obama's New Legal Rationale for ISIS Strikes --- The Most Revealing Line in Obama's Speech --- 6 Takeaways from Obama's Speech --- Obama ISIS Plans Risks Global Backlash --- 4 Most Depressing Moments in Obama Speech --- Obama Announces New ISIS Strategy — And It's Already Being Shredded --- Obama and War: How Long? How Much Money? By What Authority?
(DBN)

The ISIS Caliphate Is Is Not Economically Sustainable
(DBN)

Difference Between a Muslim and Jihadist
(DBN)

Saudi Arabia's Clerics Condemn IS But Preach Intolerance
(DBN)

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Argentina:

Pescarmona Hires Advisers Before Debt Payment Deadline
(DBN)

HSBC executives accused of 'aggravated tax evasion'
(DBN)

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Venezuela:

Maduro says Venezuela can pay debt, blasts default fears
(DBN)

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China:

Merrill Lynch: China Will Go the Way of Japan
(DBN)

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