September 12, 2014

The Daily Bankruptcy News

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Law:

Weil Partners: Restructuring Doesn’t Have to Stay a Male-Dominated Field
(DBN)

Top Law School Plans Tuition Hikes To Make Up For $3M Budget Deficit
(DBN)

Bingham's entire London office may ditch firm
(DBN)

Business of Law
(DBN)

Squire Patton Boggs' Website Fails to Keep Up with Merger
(DBN)

4 top partners, including insolvency chair, will exit NY law firm to establish new office for competitor
(DBN)

Law firm merger talks continue with a planned deal to create Locke Lord Edwards
(DBN)

Strong Litigation Demand Continues to Power Davis Polk Growth
(DBN)

Polsinelli Attorneys Call on Law Firms to Help Close Gender Gap
(DBN)

Older Law Students with Loans Could Spend Senior Years in Poverty
(DBN)

Student and faculty memorial being held for Dan Markel
(DBN)

GCs Want Law Firms That Are Partners, Not Just Lawyers
(DBN)

'Mystery woman', ex-bankruptcy lawyer offered deal for 2 years prison
(DBN)

Linklaters paralegal jailed for defrauding firm of $140,000
(DBN)

America's 10 most overrated jobs
(DBN)

Managing Partner Confirms That Biglaw Is Really Just A Big D--- Measuring Contest
(DBN)

4 Things Powerful People Never Do
(DBN)

Gentlemen, Here's What You Need To Step Up Your Fall Shoe Game
(DBN)

11 Outdated Style Rules Every Guy Can Stop Following
(DBN)

What Do The World's Top Watchmakers Think of Apple Watch? --- Smart watches compared
(DBN)

Here's How Much The iPhone 6 Will Cost On Every Major US Carrier --- Which iPhone Should You Buy?
(DBN)

LinkedIn for Dummies Lawyers Part 2: Building Your LinkedIn Network
(DBN)

Legal Blogging - Seven Habits of Successful Lawyers
(DBN)

NSA Threatened Yahoo with Huge Fines Over Customer Data
(DBN)

Eyewitnesses agree Michael Brown was shot with his hands up
(DBN)

Uber Is Being Sued After A Driver Allegedly Put A Blind Person's Service Dog In The Trunk Of A Car
(DBN)

Anchorage police confirm Palin family involved in heated brawl
(DBN)

Female Senators Demand NFL Adopt 'Zero Tolerance Policy For Domestic Abuse' --- A Carolina Panthers Player Was Found Guilty Of Assaulting A Woman In July, And He Played In Week 1 --- Ex-FBI Director To Investigate NFL's Handling of Ray Rice --- Well Bully For John Mara And Art Rooney
(DBN)

NFL Investigation Leads to Questions on Law Firm Choice
(DBN)

The Ray Rice of Judges May Keep His Job --- NFL's Ray Rice Loses Job for Knocking Out Wife, Federal Judge Mark Fuller Keeps Lifetime Appointment After Beating Wife Bloody --- From Ray Rice to a federal judge, is the system too lenient in domestic violence cases?
(DBN)

Elementary school teacher shoots self through leg with concealed weapon
(DBN)

Judge: Pistorius Negligent in Killing of Girlfriend
(DBN)

Lawsuit Sez Baseball Team Sucks At Baseball, Life
(DBN)

Lawyer disbarred for naming his firm after a cash machine
(DBN)

Police arrest suspect charged in Boston Scientific lawyer’s murder after citizen spots him on foot
(DBN)

Prosecutor resigns amid video voyeurism investigation
(DBN)

Meet the Lawyer Claiming He Was Tricked Into Selling Grammy Awards Tickets
(DBN)

Lawyer is convicted for helping frame school volunteer
(DBN)

Woman Busted For Motorcycle Session
(DBN)

5 Movies That Make Lawyers Look Great
(DBN)

______________

Judges:

The Sixth Circuit Has A New Chief, An Ex-Bankruptcy Judge
(DBN)

Federal Judge: If Judge Fuller won’t resign, the Chief Judge of the Circuit and the Circuit Judicial Council should strip of him handling cases for as long as the law allows --- Mark Fuller can't stay on bench
(DBN)

More Benchslaps — But Mild Ones — From Judge Richard Posner
(DBN)

Lawyer sues for copies of courtroom videos, says judge’s demeanor is an election issue
(DBN)

Judge sacked after he orders defendant to be electrocuted
(DBN)

Judge banned from bench due to online comments, disclosing confidential info on celebrity’s adoption
(DBN)

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Wall Street:

US Stocks : Futures Flat
(DBN)

Stocks close mixed ahead of data
(DBN)

10 Thing You Need To Know Before The Opening Bell
(DBN)

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Layoffs:

The Chances That An Internship Will Land You A Job In Your Industry
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Credit Cards:

MasterCard loses EU court battle over cross-border fees
(DBN)

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Healthcare:

The "pay less, get more" era of health care
(DBN)

How Much 14 Everyday Life Factors Affect How Long You Live
(DBN)

____________

Corporate Reform:

No Crimes? That’s The Biggest Lie of the New Century
(DBN)

Six Years After Lehman’s Bankruptcy, Wall Street Is as Reckless as Ever
(DBN)

Enron-Busting `Godzilla' Aids Government's Hunt for Crime
(DBN)

____________

Mass Torts:

Republic Powdered Metals joins Bondex in bankruptcy as part of deal
(DBN)

Man pleads not guilty to fraud in 2012 U.S. meningitis outbreak
(DBN)

Defense rests after just an hour in salmonella case
(DBN)

____________

Fraud:

Former Sacramento Capitals owner prepares to accept sentence for fraud
(DBN)

Jailed investor Moncure freed while probe continues
(DBN)

A ‘Cringeworthy’ Evening With The Real ‘Wolf Of Wall Street’
(DBN)

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Gambling:

Expert Says a Revel Buyer Will Need Very Deep Pockets To Succeed
(DBN)

Atlantic City's Revel bought for fraction of development cost
(DBN)

Revel Bidder Straub Considering Atlantic City’s Showboat
(DBN)

Odds in Trump's favor, despite AC's woes: Trump Jr.
(DBN)

____________

Lehman:

Lehman selling claims for about $619 million
(DBN)

____________

Economy:

Jobless claims rise to two-month high --- Weekly Initial Unemployment Claims increase to 315,000
(DBN)

Charts: State of the US Consumer's Finances
(DBN)

US Budget Deficit for 11 Months Shrinks 22% as Economy Grows
(DBN)

Fed to tighten policy in second-quarter next year; 55 percent probability: poll --- Fewer Economists See Fed Rate Hikes Starting Before Next Summer
(DBN)

Fed's rate guidance on chopping block, new exit plan nears
(DBN)

Krugman: Wall Street Is Wrong, Janet Yellen Is Making Exactly The Right Move On Inflation
(DBN)

Growth In The Second Quarter Was Absolutely Massive --- Goldman Sachs Revises Q2 GDP estimate to 4.7%
(DBN)

WSJ Survey Shows Optimism on U.S. Economy, but Not So Much for Rest of World
(DBN)

The Other 1 Percent
(DBN)

A Simple Equation: More Education = More Income --- Where to go to college if you want the highest starting salary
(DBN)

Health insurance premiums are eating American workers' raises --- One place we don't see Obamacare working — our paychecks
(DBN)

Obamacare Participants Worse Off, But Don’t Blame Washington — Blame States, Paper Says
(DBN)

The Reality Of A 'Lost Boys' Generation
(DBN)

How Rich People Are Using High-End Pawn Shops
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

Foreclosures Up 7% in August: Is the Housing Crisis Really Over?
(DBN)

Mortgage Rates Tick Up a Bit in Latest Survey
(DBN)

Mortgage rates were supposed to rise this year. Here's why they didn't.
(DBN)

Home Sales slow in SoCal and Bay Area
(DBN)

Loan Forgiveness Isn’t the Best Use of Government Resources, Paper Says
(DBN)

Developers Ponder Hotel in Defunct TWA Terminal After Balazs’ Exit
(DBN)

____________

Municipalities:

From Chrysler and General Motors to Detroit
(DBN)

More mediation ordered over potential Detroit bankruptcy deal --- Mediator Orders New Round of Talks
(DBN)

Settlement options shrink for Detroit creditor
(DBN)

Detroit's bankruptcy trial: What happened this week and what comes next
(DBN)

In Bankrupt Detroit, Nature Reclaims Debris Mounds on Vacant Land
(DBN)

Bankruptcy creates 'unique opportunity' for regional water board
(DBN)

Cold realities of new water authority deal sink in for Detroit suburbs
(DBN)

Empty Detroit homes accrue millions in water bills
(DBN)

Tech experts offer to replace Detroit firefighters pop can alert system
(DBN)

Overworked Detroit Jailers Passing Out: Sheriff
(DBN)

San Bernardino Can End Firefighters’ Contract, Judge Says
(DBN)

Public Pensions Are Still Marching To Their Death
(DBN)

Pensions' Unfunded Liabilities Still Going Up
(DBN)

Can insurance companies save public pensions?
(DBN)

Fair and Unfair Discrimination in Municipal Bankruptcy
(DBN)

Lawmakers all in on gambling as revenue crutch
(DBN)

Missing from California's Economic Comeback: Los Angeles
(DBN)

____________

Retailing:

RadioShack Says It May Need More Capital --- Warns Of Bankruptcy --- Running out of cash --- RadioShack Q2 Loss Wider than Expected, Revenues Miss --- The end might be in sight --- Is RadioShack going to file for bankruptcy ?
(DBN)

S&P chops RadioShack corporate credit rating to CCC-
(DBN)

RadioShack's Last Hope for Survival: Shrinking Fast in Bankruptcy
(DBN)

RadioShack Rescue Raises Question of What's Worth Saving
(DBN)

RadioShack's biggest challenge: Making you care
(DBN)

The slow, sad decline of RadioShack, one of the great brands of the ’80s
(DBN)

Death May Be At RadioShack's Door
(DBN)

RadioShack: Last-drink saloon
(DBN)

Retailers Are Bizarrely Replacing Human Workers With Robot Mannequins
(DBN)

____________

Politics:

Ted Cruz Got Booed Off The Stage At A Christian Event After Praising Israel
(DBN)

GOP candidate comes out as Sandy Hook truther during debate
(DBN)

____________

Clubs:

Historic Black-Owned Swim Club Seeks Bankruptcy
(DBN)

____________

Construction:

Truland Group Inc.'s largest creditor, BMO Harris Bank, moves for receiver
(DBN)

____________

Student Debt:

Comparison of Outstanding Federal Student Loan Balances by Age Group, 2005 and 2013
(DBN)

Rep. Foxx Urges Reforms to Student Loan Crisis
(DBN)

Brookings student loan study updated; CBA launches website to dispel student loan myths
(DBN)

Private student loan can outlive student
(DBN)

____________

Corporate Governance:

Want Better Governance Put Women on the Board
(DBN)

____________

Toll Roads:

Indiana Toll Road Operator Weighs Bankruptcy Filing
(DBN)

____________

Chemicals:

Apollo’s Momentive Wins Court Approval of Bankruptcy Plan
(DBN)

____________

Tax:

DOJ's Focus on Swiss Banks Goes Beyond Switzerland
(DBN)

____________

Hotels:

Hotels: Occupancy up 4.5%, RevPAR up 10.6% Year-over-Year
(DBN)

____________

Education:

Settlement could resolve many lawsuits against Mountain State University
(DBN)

____________

New Bankruptcy Opinions
(8 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

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

Recent Ch. 11 Adversary Proceeding Filings (4 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 Debt: Deluxe Entertainment, Endeavour join Restructuring Watchlist
(DBN)

LoPucki: Bankruptcy Survival
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

______________

Bankruptcy Reform:

House Panel OKs Bankruptcy Path for Big Bank Failures
(DBN)

____________

Plan Confirmation:

Momentous Decision in Momentive Performance Materials: Subordination Is as Subordination Does
(DBN)

____________

Avoidance Actions:

An Argument for Creating an Exception to Section 547 for Payments on Intraday Overdrafts
(DBN)

____________

DIP Finance:

The Fifth Circuit Narrowly Construes “Good Faith” in the Context of Lending to a Debtor
(DBN)

____________

Cross-Border:

Harmonizing Choice-of-Law Rules for International Insolvency Cases: Virtual Territoriality, Virtual Universalism, and the Problem of Local Interests
(DBN)

____________

Professional Compensation:

SCOTUS may decide whether fees are allowable for defending fee applications
(DBN)

____________

Secured Debt:

Large Punitives Award Against Bank in Loan Foreclosure
(DBN)

____________

Celebs:

Teresa And Joe Giudice Sentence: 'The Real Housewives Of New Jersey' Star Reportedly 'Crying' Selling Mansion Before Hearing
(DBN)

Teresa Giuidice Fired Update, Divorce Plans: Real Housewives of New Jersey Star Divorcing Joe After Sentencing To Save Bravo Job?
(DBN)

Teresa and Joe Giudice defend their marriage
(DBN)

Michael Jackson's family treasures
(DBN)

____________

Autos:

GM largely finished with vehicle recalls
(DBN)

____________

Electricity:

Longview Power seeks OK to settle pollution suit
(DBN)

____________

Personal Finance:

Quitting My Corporate Job For My Startup Dream Completely Ruined My Life
(DBN)

____________

Sovereigns:

'We have put future credibility at stake'
(DBN)

Argentina's Congress passes debt restructuring law --- 'Those who voted against favor vulture funds'
(DBN)

'Argentina will return to foreign markets'
(DBN)

Vulture funds reach BA province classrooms
(DBN)

____________

UK:

The clean-up operation - Huw Merriman on winding up Lehman Brothers' UK business
(DBN)

Restaurant insolvencies up as costs rocket and spending falls
(DBN)

Top Scottish law firm shifts cash to English banks ahead of referendum
(DBN)

Scottish 'Yes' vote poses significant risk to UK growth forecasts --- Vote may deliver economic disaster for U.K.
(DBN)

Top banks plan move in case of Scots' independence
(DBN)

Europe Is Silently Terrified That Scotland Could Secede
(DBN)

Why Scotland Wants To Ditch England And Go It Alone
(DBN)

Bank of England's Kohn urges banks to focus on risks from end to QE
(DBN)

Statutory Erosion of Secured Creditors' Rights: Some Insights from the United Kingdom
(DBN)

____________

EU:

Vulture funds could hold crisis-hit EU nations to ransom
(DBN)

____________

PIIGS:

Greek Unemployment Is Still Unbelievably Bad
(DBN)

Banco Espírito Santo secretly lent funds to controlling shareholder
(DBN)

____________

Canada:

Hearing date for accused in Lac-Megantic case to be set in January
(DBN)

Golden Oaks investors feud over receiver's role in bankruptcy
(DBN)

Bankruptcy casts doubt over downtown Vancouver casino proposal
(DBN)

____________

Russia:

Yukos Minority Shareholders Defeat Russian Federation in Swedish Proceedings
(DBN)

Sanctions: The West Is Threatening To Cut Off Russian Oil Exploration In The Arctic
(DBN)

Obama Says U.S. to Join EU in Tightening Russia Sanctions
(DBN)

Bankruptcy Epidemic Wipes Out 2 More Travel Agents
(DBN)

____________

MENA:

Iraq Is Going To Be A Mess Even If Obama's Plan Works
(DBN)

Kerry wins Arab states' support for US campaign against Islamic State
(DBN)

____________

Australia:

Australia jobs rise by most on record, in huge surprise
(DBN)

____________

Venezuela:

Spectre of default looms over Venezuela despite oil reserves
(DBN)

As Venezuela economy worsens, fears of default
(DBN)

Venezuela Promise to Pay Every Dollar of Debt Triggers Rally
(DBN)

____________

China:

China Lender Faces $650 Million of Defaults From Shadow Banking
(DBN)

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