September 3, 2014

The Daily Bankruptcy News

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Law:

The "Unfinished Business" Rule — Knocked out in New York, not yet in California
(DBN)

No Unfinished-Business Fees for Coudert: Business of Law
(DBN)

Beyond Biglaw: Putting Twitter To Work
(DBN)

Dewey Defendants Again Urge Dismissal of Criminal Charges
(DBN)

Changing Law Dept. Demands Drive Law Firm Changes
(DBN)

The Greatest Lawyer Letter Ever? — Finals
(DBN)

Defunct Firm Must Continue Paying Office Sublease
(DBN)

How Do You Disrupt The Legal Industry? Offer Value The Big Firms Can't Match
(DBN)

Freshfields bolsters US M&A and finance practices with new group heads from Wachtell and Skadden
(DBN)

Lawyer who billed corporate client for his sanctions is reprimanded
(DBN)

Malpractice Suit Proceeds Against Fox Rothschild
(DBN)

Litigation Funding Sometimes a 'Necessary Evil' for Lawyers
(DBN)

Key Accounting Principles That Every Lawyer Must Know
(DBN)

Law Firms that Discount have more Past Due Clients | Business of Law Blog
(DBN)

Revisiting The 0L Mind
(DBN)

UNLV Law School Faces $3 Million Budget Shortfall Due to 25% Enrollment Decline
(DBN)

Law School - More Discouraging News
(DBN)

Pioneering Latina Moran Stepping Down as UCLA Law Dean
(DBN)

Don’t Go to Law School: International Edition
(DBN)

An Ivy League Alum Explains How Prestige Can Destroy Lives
(DBN)

Suffolk law school offers buyouts to all tenured faculty
(DBN)

This Week In Law Schools In Trouble
(DBN)

Law Schools Boost Enrollment After Price Cuts
(DBN)

Fear-Based Instruction Can be Harmful to Law Students, Says Paper
(DBN)

Five Stress-Reducing Apps for the iPhone
(DBN)

Texas Lawyer's 2014 Winning Women
(DBN)

Head of DOJ Criminal Fraud Section to Rejoin Simpson Thacher
(DBN)

Lawyer Arrested, Charged in Alleged Murder for Hire Plot to Kill Witness
(DBN)

10 Principles for How and When to Use Mediation
(DBN)

A Stunningly Detailed Look At The iPhone 6
(DBN)

Tim Cook Could Have Another Trick Up His Sleeve To Sell More iPads To Businesses
(DBN)

Why Jennifer Lawrence’s Leaked Photos Should Be Important to Lawyers
(DBN)

Lawyer is accused of threatening boyfriend with gun, shooting out his truck windshield
(DBN)

Resume tips: Quantify your accomplishments and list quirky interests
(DBN)

Male Statutory Rape Victim Required To Pay Child Support
(DBN)

Lawyer Charged With Impersonating . . . A Transformer?
(DBN)

North Carolina Brothers Declared Innocent And Freed After 30 Years In Prison
(DBN)

Brawl Breaks Out At Wedding... After Groom Hits On Employee During Reception... Who Is Pregnant
(DBN)

Grandma Let Tyke Steer Car (With Obvious Results)
(DBN)

Lawyer is accused of persuading client to invest $120K in his cat litter box invention
(DBN)

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Judges:

A Judge's Status, Robed in Silence In New York
(DBN)

Some SCOTUS amicus briefs cite unsupported ‘facts’ and studies published only on the Internet
(DBN)

Two judges censured for in-chambers sex, among other conduct
(DBN)

Judge: The latest really big screwup with PACER and CM/ECF requires a quick fix, then serious reflection, but not utter disdain for a judicial records system that is a triumph of good government
(DBN)

Judge Apologizes for Having Sex in Court
(DBN)

The Supreme Court 'What-If' Game
(DBN)

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Wall Street:

Futures climb on Ukraine's claims of cease-fire
(DBN)

Stocks close mostly lower; S&P retreats from record
(DBN)

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Layoffs:

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Fraud:

Madoff Trustee Wants To Re-Sue Banks
(DBN)

Credit Suisse says is investigating allegations of trader misconduct
(DBN)

Sino-Forest executives deny any fraud at OSC hearing
(DBN)

Insider Traders In US Face Increasingly Long Prison Terms
(DBN)

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Aviation:

Another Passenger Fight Over Reclining Seats Has Caused A Flight To Be Diverted --- It's no longer safe to recline your airplane seat --- Anger at 30,000 feet: Airline passengers on cramped jets are fighting one another for legroom --- American Airlines: We Aren't Changing Reclining-Seat Policies
(DBN)

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Mass Torts:

Asbestos plaintiffs’ attorneys fight against transparency laws for bankruptcy trusts
(DBN)

BP Wants Gulf Spill Administrator Out
(DBN)

Halliburton pays $1.1bn to settle Gulf of Mexico suits
(DBN)

Utility opposes $2.9M deal in W.Va. spill case
(DBN)

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Theme Parks:

Conneaut Lake Park Moves Forward with Bankruptcy
(DBN)

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Fishing:

Pescanova requests creditors' meeting for five subsidiaries
(DBN)

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Health Care:

BMC Closes on North Adams Hospital Property
(DBN)

8 facts that explain what’s wrong with American health care
(DBN)

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Economy:

US Manufacturing Grows at Fastest Pace in Three Years --- America Is The Best And France Is The Worst
(DBN)

Manufacturing, construction data point to sturdy US growth
(DBN)

Fed: Consumers Have Hoarded Money
(DBN)

Goldman Sachs' Forecasts For Everything
(DBN)

CBO, Fed Growth Forecasts Unattainable, Northwestern’s Gordon Says
(DBN)

US construction spending hits highest level in 5-1/2 years
(DBN)

World's Most Miserable Countries
(DBN)

Inflation in leading economies slows in July: OECD
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Federal Program Helps Keep Some Delinquent Borrowers in Their Homes
(DBN)

MBA: Mortgage Applications Increase in Latest MBA Weekly Survey
(DBN)

CoreLogic: House Prices up 7.4% Year-over-year in July
(DBN)

Construction Spending increased 1.8% in July
(DBN)

Judge Orders New Foreclosure Auction After Rejecting $5,200 Sale - Disclosure of Lender's Maximum Bid Chilled Competitive Bidding
(DBN)

Banks Beat FDIC Suit Over Mortgage-Backed Securities
(DBN)

Angelo Mozilo: 'No, No, No, We Didn't Do Anything Wrong'
(DBN)

Deadlines near in Chicago Spire bankruptcy case
(DBN)

Boomers Face Big Housing Crunch
(DBN)

Next Housing Crisis: Aging Homes
(DBN)

Toll Profit Jumps After Luxury Homebuilder Raises Prices
(DBN)

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Municipalities:

Who is Judge Steven Rhodes?
(DBN)

Detroit: "Now Is Not the Time for Defiant Swagger..."
(DBN)

Detroit bankruptcy trial scorecard, Day 1: Strategies revealed
(DBN)

Detroit's bankruptcy trial begins; here's what to expect in the next 6 weeks
(DBN)

Openings to resume in Detroit bankruptcy trial
(DBN)

Find consensus to end bankruptcy trial
(DBN)

Where things stand with Detroit's bankruptcy plan
(DBN)

Detroit water shutoffs face court decision
(DBN)

Detroit Bankruptcy Trial Gets Underway
(DBN)

Attorney: Detroit needs debt plan to survive --- 'Detroit won't recover' without grand bargain
(DBN)

Detroit's bankruptcy judge weighs action on water shut-offs
(DBN)

Detroit's trial of the century begins, and the outcome is anything but certain
(DBN)

Detroit Bankruptcy: Was Motor City Hooked on Philanthropy?
(DBN)

Detroit's creditors seek to derail historic bankruptcy trial as it begins
(DBN)

Creditors: Keep mediation secrets quiet in Detroit bankruptcy --- Judge denies hold-out Detroit creditor motions to block evidence
(DBN)

Syncora’s Strategy in Detroit Bankruptcy Proceedings Backfires
(DBN)

Detroit Bankruptcy Trial to Start After Fight Over Water
(DBN)

Why the Chips Are Down for Atlantic City
(DBN)

Where things stand at start of the trial for Detroit's plan to exit bankruptcy
(DBN)

Bankruptcy Judge Will Weigh In On Detroit Water
(DBN)

____________

Banking:

Banks' Fee Bonanza Dries Up - Changes in Rules and Customer Behaviors Squeeze What Was a Key Source of Revenue
(DBN)

Bank of America Still in Big Trouble
(DBN)

____________

Corporate Reform:

US Adopts New Rules to Prevent Another Financial Meltdown
(DBN)

____________

Gambling:

As Atlantic City Casinos Fall One By One, 8,000 Workers Will Be Unemployed --- AC casino workers react to casino closings
(DBN)

Donald Trump Is Gloating About 'Getting Out' of AC Casinos
(DBN)

Revel Casino closes: why lights on Atlantic City boardwalk are dimming
(DBN)

Atlantic City loses again as Revel shuts
(DBN)

Last call for Atlantic City's casinos
(DBN)

Fading slot machines measure Atlantic City's decline
(DBN)

What It Was Like At 'Last Call' For Atlantic City's Revel Casino
(DBN)

Warren Says She'll Vote for Casino Repeal
(DBN)

____________

Going Out of Business:

Syracuse Rug Seller to Shut Down—For Real This Time
(DBN)

____________

Personal Finance:

How To Save Even More Money At Ikea
(DBN)

How Long It Takes To Recoup The Cost Of A College Degree
(DBN)

____________

Tax:

Even a Tax Authority May Sometimes Have to Pay
(DBN)

Some Swiss Banks Pull Out of US Tax Program
(DBN)

Debt From KPMG Tax Shelter Survives Bankruptcy
(DBN)

____________

Construction:

Truland Group Inc. trustee to let BMO Harris pursue claim to NSA data center work
(DBN)

____________

Accounting:

What's in a name? The Arthur Andersen revival
(DBN)

____________

Weather:

Calif. Drought; Neighbors Against Neighbors
(DBN)

____________

New Bankruptcy Opinions
(0 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (33 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (17 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:

Rochester-area bankruptcy filings dip in August --- Buffalo bankruptcy filings fall 16.4 percent in August
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

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Corporate Governance:

LLC Managers Beware: Get Involved With Member Distributions By an Insolvent LLC and You May Be Personally Liable
(DBN)

____________

Plan Confirmation:

Bankruptcy Court Holds That Secured Creditors Can Be “Crammed Down” With Below-Market Rate Replacement Notes
(DBN)

____________

Sales:

Eleventh Circuit Directs Bankruptcy Court to Vacate Sale Order Based on New Evidence that Involuntary Bankruptcy Case Was Filed In Bad Faith
(DBN)

____________

Batteries:

Exide nets plan exclusivity extension through Dec. 10
(DBN)

____________

Education:

Loan debt has some for-profit colleges in hot water
(DBN)

Morrison University Shuts Down Over Bankruptcy Issues
(DBN)

____________

Religion:

$600K in fees OK’d in sex abuse-related case
(DBN)

____________

Debt Collection:

Law firm’s app block calls, evaluates Telephone Consumer Protection Act claims
(DBN)

____________

Electricity:

After bold moves, Dynegy could eventually eye Energy Future
(DBN)

____________

Arenas:

Ice-rink bondholders face big loss under bankruptcy plan
(DBN)

____________

Sovereigns:

Holdouts give vultures a bad name
(DBN)

UN urged to swoop on vulture funds
(DBN)

Sovereign debt plan takes on holdouts
(DBN)

Hedge Fund Seeks Proof from Citigroup on Argentina Threat
(DBN)

____________

UK:

Bank of England set to hold rates at record low 0.50%
(DBN)

UK services growth at highest in 10 months
(DBN)

Lengthy bans for failed law firm's lawyers --- £13m shortfall, 2,500 dissatisfied clients: former members of legal firm Wolstenholmes get combined 70 years’ director disqualifications
(DBN)

Minuscule Converted Apartments Are Fetching Massive Rents In London
(DBN)

Tesco Workers Describe Working For Britain's Most Troubled Supermarket
(DBN)

It's Looking More And More Like Scotland May Just Vote To Go Independent
(DBN)

UK accountancy watchdog fines Mazars £2m over pension fund advice
(DBN)

____________

EU:

Hollande, Draghi agree on threat from low growth, low inflation
(DBN)

QE best way to mend Europe financial fragmentation
(DBN)

Europe Crisis Is Resistant to Medicine of Low Rates
(DBN)

Draghi's new deal
(DBN)

ECB stress tests: Some banks will fail
(DBN)

____________

MENA:

ISIS Beheads American Journalist Steven Sotloff, Monitoring Group Says --- US says Sotloff beheading video is authentic --- New Report Details The Horrific 'Ethnic Cleansing' By ISIS In Iraq --- ISIS’s Cruelty Toward Women Gets Scant Attention --- Why ISIS is Our Problem
(DBN)

Egyptian Clerics Issue Fatwa Banning Online Chats Between The Sexes
(DBN)

Religious Police Beat Husband After He And His Wife Use a Women-Only Checkout Line At Supermarket
(DBN)

____________

Ukraine:

Putin Is Preparing For A Long Fight In Ukraine
(DBN)

Ukraine may need bigger bailout if conflict continues in 2015 -IMF
(DBN)

Ousted Ukrainian President Sued for $1.5 Billion in New York
(DBN)

Ukraine Says Russia and Ukraine Agree on Cease-Fire --- Ukraine: 'Cease-Fire', Russia: Nope
(DBN)

____________

Russia:

Russia Is Seeing A Huge Drop In Tourism
(DBN)

____________

Bulgaria:

Bank Seizure Leaves Bulgarians Stranded
(DBN)

____________

China:

Anonymous says Chinese chemical company is 'a massive fraud'
(DBN)

____________

 

 

 

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