September 8, 2014

The Daily Bankruptcy News

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Law:

J. Scott Victor On Men’s Role in Bridging the Gender Gap --- Sharon Levine on Setting Boundaries
(DBN)

Business of Law
(DBN)

Legal Sector Back in Positive Territory for 2014 After August Job Gain
(DBN)

A Look At Associate Compensation In The 1990s (Part 3)
(DBN)

Sheppard Mullin Chases The Cool Quotient in D.C.
(DBN)

A Tale of Unbundled Bankruptcy Legal Services
(DBN)

The Post #ILTA14 Guide to Stats, Facts, Quotes and Quips
(DBN)

Shattering the glass ceiling
(DBN)

Telecommuting presents challenges for law firms
(DBN)

Martindale Nolo Surveys Online Marketing Trends
(DBN)

Law Firms Often Fail to Analyze 'Past Due' Bills
(DBN)

Technology Brings Disruption to Lawyers, But Not Destruction
(DBN)

Plaintiffs Attorney Fees Slashed in BofA Case
(DBN)

The (Alleged) Uber-ification Of Legal Services
(DBN)

What’s Worse Than Billing A Client For Bottled Water? Billing Them For Sanctions
(DBN)

Another Big Law Partner Weds Hottie
(DBN)

How to Lure a Rival Managing Partner
(DBN)

You Don't Need Permission to Change Careers
(DBN)

Biglaw’s Big Dumb Teacher Tenure Lawsuits
(DBN)

Should Big Trouble For Big Banks Generate Big Legal Bills? Not Necessarily
(DBN)

Is Laughter the Best Medicine for Law Students? --- Humor Always High-Risk - In Law School Right Now It Could Be Highly Inappropriate
(DBN)

The ‘Death’ of Law Schools and the Five Stages of Grief
(DBN)

The 10 Worst Body Language Mistakes People Make While Giving Presentations
(DBN)

The Ultimate Guide To Fighting Procrastination
(DBN)

Most People Use Only 4 Apps
(DBN)

12 Hot New Apps You May Have Missed Recently
(DBN)

Cool Siri Tricks You Never Knew Existed
(DBN)

The Best Gadgets To Keep You Entertained While Traveling
(DBN)

How To Build A Suit Wardrobe To Last A Lifetime
(DBN)

Florida school forces new student to wear ‘shame suit’ after skirt deemed too short
(DBN)

Women’s College Under Fire For Banning Outfits
(DBN)

Drew Carey Offers $10,000 Reward For Cruel 'Ice Bucket Challenge' Prank
(DBN)

Every Second Of Jefferies CEO’s Ice Bucket Challenge Is Better Than The Last
(DBN)

Judge Rules Statements To Your Mother About Your Expected Bonus Don’t Equal A Legally Binding Contract With The Company Paying Your Bonus
(DBN)

Lawsuit: Teacher fired after being forced to raise grades for college president’s lovers
(DBN)

Day care that duct-taped kids to floor may have withheld water to avoid diaper changes
(DBN)

Here's What Chris Brown Says Jail Is Like For A Famous Singer
(DBN)

Bruce Levenson will sell Atlanta Hawks after releasing racist e-mail --- Here's The Email That Forced Hawks Owner Bruce Levenson Out Of The NBA
(DBN)

When the Police Steal Hundreds of Millions of Dollars from Motorists
(DBN)

Teacher Allegedly Locked Kids in Closet to Teach Them "How to Survive"
(DBN)

11 Hard Facts About Gun Violence in America
(DBN)

Ex-partner gets 64 months in $2.7M client theft case
(DBN)

Lawyer is charged with tampering with evidence in son’s murder case
(DBN)

Dick Cheney’s unedited bio stirs controversy among Wyoming lawyers
(DBN)

Woman faces negligent homicide case after allegedly surfing Facebook while driving at 85 mph
(DBN)

Nine-Year-Old in Pajamas Steals City Bus Just Because He Could
(DBN)

Man Divorces Wife Over Her 'Excessive And Insatiable Desire' For Sex
(DBN)

City of 574 People Has 14 Cops
(DBN)

Auto Shop Owner Finds Old Lottery Tickets in His Truck, Wins $2.9M
(DBN)

5-attorney law firm is lead sponsor for NASCAR driver, hopes he will win race and new clients
(DBN)

Shaq Has Applied For A Job As A Reserve Police Officer In Florida
(DBN)

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Judges:

Book Review: David Lat’s first novel, “Supreme Ambitions,” deftly dissects judicial power, how to get it and how to use (and abuse) it
(DBN)

Federal judge on courthouse shooter’s ‘hit list’ asked to step aside in cases against family members
(DBN)

Federal judge takes plea in domestic battery case, will not be convicted if he completes treatment
(DBN)

A Texas Judge Cited 'The Big Lebowski' In A Legal Decision
(DBN)

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Wall Street:

US stocks seen lower on Ukraine, China worries
(DBN)

S&P 500 Ends Week at Another Record High with Gains for Fifth Week in a Row
(DBN)

Robert Shiller: The Stock Market Is At A Pre-Crash Level, 'But...'
(DBN)

Master Of The Universe Throws Pee-Pants Tantrum After Being Rejected on Tinder
(DBN)

______________

Layoffs:

August’s Job Gain Suggests A Tougher Path To Full Employment
(DBN)

Don't Blame Boomers for Workers Leaving the Labor Force
(DBN)

5 Takeaways from the August Employment Report
(DBN)

The Market Basket Protests Showed Up In The Jobs Report --- August hiring slowed by manufacturing, retail
(DBN)

Jobs: Signs of strength, pockets of pain
(DBN)

Things You Should Never Say When You Quit A Job
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Autos:

Judge: GM Didn't 'Channel Stuff' Prior To IPO In 2010
(DBN)

Wiesmann Planned Cheaper Model Before Bankruptcy
(DBN)

Morgan Stanley: We Could See The 'Largest Decline In Used Car Prices In History'
(DBN)

GM to Introduce Hands-Free Driving
(DBN)

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Awards:

Carl Marks Student Paper Winners to be Recognized at TMA Annual
(DBN)

Mayer Brown Wins Insolvency Firm Of The Year Award At HK Law Awards 2014
(DBN)

____________

Nuclear:

USEC restructuring plan gets court OK
(DBN)

____________

Celebs:

The Broke and the Beautiful: Almost Over Edition
(DBN)

Sentencing postponed for 'Real Housewives of New Jersey' stars
(DBN)

'Real Housewives of New Jersey' Star Teresa Giudice Pleads Guilty to Fraud; Fired from ‘RHONJ’; May Face 35 Months of Imprisonment
(DBN)

Married Banker Pays $81K To Kiss Actress Elizabeth Hurley
(DBN)

5 Career Lessons From Joan Rivers
(DBN)

____________

Student Debt:

There Are Some Major Problems With Income-Based Student Loan Repayment
(DBN)

Should Colleges Foot the Bill for the Student Loan Crisis?
(DBN)

____________

Banking:

Unofficial Problem Bank list declines to 437 Institutions
(DBN)

U.S. Banks Have Positive Image for First Time Since 2007
(DBN)

Bank clients of Middle Eastern descent want answers on closed accounts
(DBN)

____________

Electricity:

Somervell County makes cuts as Comanche Peak’s value drops
(DBN)

Energy Future Bondholders Clueless About NextEra’s Stance On Oncor Deal --- Energy Future Holdings Bondholders Seek Answers About NextEra Offer
(DBN)

____________

Gambling:

Trump Taj Mahal Deals with Money Concerns while Trump Plaza Sets to Close --- Trump Plaza to Retain iGaming License Despite Closure
(DBN)

Sources: Taj To File For Bankruptcy , Close In November
(DBN)

Slot machines' decline shows Atlantic City woes
(DBN)

Florida interested in Showboat casino --- Developer mulls $20M plans for closed Atlantic City casino
(DBN)

Shaping the future of closed Atlantic City casinos
(DBN)

Argosy bankruptcy case dismissed, mayor looks forward to riverfront development
(DBN)

____________

Healthcare:

Where Have All the Rural Hospitals Gone?
(DBN)

Some good news — and some concerning news — for health insurance premiums
(DBN)

Fate of bankrupt Mart nursing home up in the air
(DBN)

Why your fear of medical debt is entirely justified
(DBN)

____________

Economy:

Plosser, Fed's lone dissenter, warns again on risks of waiting to hike U.S. rates --- Fed's Plosser says doubts legislation forcing Fed to adopt rule-based policy
(DBN)

Kocherlakota: Interest Rates Are Too High
(DBN)

Millennials are saying no to credit cards
(DBN)

These 9 tweets nail millennials and housing
(DBN)

Morgan Stanley: Messed Up World Economy
(DBN)

Geopolitical crises to hit global growth: Lagarde
(DBN)

Fed’s Rosengren: ‘Significant’ Slack Calls for ‘Patient’ Monetary Policy
(DBN)

US economy generated only 142,000 jobs in August
(DBN)

Survey: Consumers’ Debt Levels Decline Since 2010
(DBN)

5 Events That Could Spark the Next Great Recession
(DBN)

Obama vs. Reagan: Jobs, Growth, Investing
(DBN)

Research: Much of Recent Decline in Labor Force Participation Rate due to "ongoing structural influences"
(DBN)

Slowdown in Hiring Brings Letdown on Growth Outlook
(DBN)

New Paper From The Fed Shows Piketty Was Right: The Rich Get Richer While The Middle Class Suffer
(DBN)

Did Unemployment Benefits Boost Jobless Rate? Only Slightly, Fed Paper Says
(DBN)

Wall Street: The Fed's First Rate Hike Is Coming In Q2 2015
(DBN)

Prime-Age Working Population Growing Again
(DBN)

Krugman: Conservatives Want 'To Push Us Back To 1894'
(DBN)

Did Ben Bernanke save the U.S. economy? Paul Krugman thinks so
(DBN)

The WSJ again wrings its hands over the struggling 1%
(DBN)

How America's Suburbs Got So Miserable
(DBN)

Homeless-Man-Turned-Billionaire Shares The Secret To The American Dream
(DBN)

Ranks of street vendors swell amid weak economy
(DBN)

An odd approach to attacking crony capitalism
(DBN)

The surprising places we go when we leave the cities we’re from
(DBN)

About 30% of Ca. Kids Illegal or Don't Speak English
(DBN)

More Dollar Stores Than McDonald's in America
(DBN)

M.B.A. Students - 44% Expect Parents To Be "Angel Investors"
(DBN)

Housing the Baby Boomers Is Going to Be a Big Problem
(DBN)

Americans will pay $155K in ‘useless fees’ in a lifetime: analysis
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Improperly Indexed Mortgage: How Far Does Your Record Review Need to Go to Be Safe?
(DBN)

10 Most Affordable Housing Markets in US
(DBN)

The states with the priciest homes for sale
(DBN)

Housing walks a tightrope
(DBN)

Latest Release Shows Sizable Revisions in S&P/Case-Shiller “National” Home Price Index
(DBN)

DBSI officials appeal fraud convictions
(DBN)

Crumbs Bake Shop Bankruptcy Highlights Commercial Landlord/Tenant Issues in Bankruptcy
(DBN)

The Most Expensive Home For Sale In The US
(DBN)

____________

Municipalities:

Detroit bankruptcy trial stretches into second week
(DBN)

City budget depends on revenues and future 'adjustments'
(DBN)

Detroit Bankruptcy Trial Gets Under Way
(DBN)

Judge asserts control as bankruptcy trial gets under way
(DBN)

Detroit ends bankruptcy trial's first week with witness on both sides of debt-cut fights --- Detroit CFO John Hill finishes testimony --- Detroit Ends Week With Witness From Stockton Bankruptcy --- Consultant testifies on city services, restructuring plans --- Consultant: Detroit won't have money outside bankruptcy to reinvest --- Detroit needs to shed debt to afford improvements -witness --- Bankruptcy scorecard Day 3 --- Recap: Day 4 notes from Detroit bankruptcy court --- Live blog
(DBN)

Charts presented at trial break down reinvestment in Detroit's bankruptcy plan
(DBN)

Creditor Rips Debt Plan in Detroit Bankruptcy Case
(DBN)

Orr: Rejecting bankruptcy plan would be 'catastrophic' --- Kevyn Orr vs. Detroit’s Creditors: What’s at Stake?
(DBN)

Detroit's top financial officer: Higher taxes in bankrupt city wouldn't fix long-term finances
(DBN)

Detroit fire alert system that you will struggle to believe
(DBN)

The bankruptcy of Detroit and the division of America --- Robert Reich Shows Us The Importance Of Being Able To Exit Detroit --- Economic Equality Crusader Robert Reich Leaps Into a 'Greater Detroit' Fantasy
(DBN)

A Plan to Fix All of America's Detroits
(DBN)

Why Detroit's bankruptcy case could impact you
(DBN)

All Sides Show Their Cards on Detroit Institute of Arts Collection as Bankruptcy Trial Begins --- The Fine Art of Pricing Detroit’s Collection
(DBN)

A safer Detroit means big fines and racial profiling for black residents
(DBN)

Requiem for Atlantic City, the city built on failure
(DBN)

Where does A.C. go from here?
(DBN)

N.J. Considers Ending Atlantic City’s Gambling Monopoly
(DBN)

AC minus the tiara
(DBN)

Chris Christie loses a big Atlantic City bet, posing another challenge for 2016 run
(DBN)

Politicians Are Killing a Great American Town
(DBN)

Fiscal recovery: Act 47 communities need more than five years
(DBN)

The Most Common Ancestry In Each NYC Neighborhood
(DBN)

____________

Television:

CSN Houston Still Dying, But Drayton McLane Got Paid
(DBN)

Attorneys sort out issues in CSNH dispute
(DBN)

Rockets, Astros to ask judge to let CSN Houston creditors vote on acquisition
(DBN)

____________

Apparel:

Blue Jeans Losing Their Grip On American Hips
(DBN)

Quiksilver Shares Are Crashing
(DBN)

____________

Religion:

Milwaukee Archdiocese, sex abuse victims resume mediation Monday
(DBN)

As mediation begins, here are 5 things to know about the Milwaukee archdiocese's bankruptcy
(DBN)

Pastor admits role in $15 million mortgage fraud scheme
(DBN)

____________

Personal Finance:

Some High Earners Live Paycheck to Paycheck. Here's How to Break the Cycle of Overspending
(DBN)

CFPB Warns Credit Card Issuers Against Deceptive 0% Offers
(DBN)

9 Career Lessons From Joan Rivers On How To Be Successful
(DBN)

How To Be The Most Popular Person In The Office
(DBN)

____________

Politics:

Elizabeth Warren: When it counted most, Hillary sided with the vultures --- Elizabeth Warren's unvarnished view of Hillary Clinton in 2004
(DBN)

Bridgeport mayor facing drug charge files for bankruptcy
(DBN)

Obama: Golfing after condemning James Foley's execution was a mistake
(DBN)

Just don't call these consultants lobbyists - "Strategic consultant" helps in bankrupt hospital deal
(DBN)

____________

Education:

The 50 Most Expensive Boarding Schools In America
(DBN)

____________

Finance:

Judge Drain: Make That ‘Make Whole” Clause Explicit and Clear
(DBN)

____________

Tobacco:

Phelps tries to stop liquidation of bankrupt tobacco companies
(DBN)

____________

Agriculture:

Turner Grain President Dale Bartlett Files for Bankruptcy
(DBN)

____________

Tax:

Republicans, Democrats on Senate Panel Issue Dueling Reports on IRS Controversy
(DBN)

____________

Food/Beverage:

Smashburger Stores Up for Auction
(DBN)

Former Starbucks Employee Reveals What Baristas Really Think Of Your Coffee Orders
(DBN)

____________

Education:

What to do when your college shuts down
(DBN)

____________

Corporate Reform:

Thinking about the Criminalization of American Business
(DBN)

____________

Brokers:

Judge Allows Corzine and Others to Tap MF Global Insurance
(DBN)

____________

Accounting:

FASB Issues New ASU To Fill The Gap In GAAP Guidance Regarding Going-Concern Uncertainties
(DBN)

____________

New Bankruptcy Opinions
(1 new opinion 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 (7 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:

August Bankruptcy Filings Register Largest Percentage Drop in 2014
(DBN)

Bankruptcy petitions show NM property rich, cash poor
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

______________

Miscellaneous:

The Week Ahead
(DBN)

Winners of Rudy's Tickets Announced
(DBN)

____________

Avoidance Actions:

Delaware Bankruptcy Court Weighs in on Subsequent New Value Circuit Split
(DBN)

____________

Professional Fees:

Asarco tells Supreme Court that no court split exists over fee dispute
(DBN)

____________

Secured Debt:

I'm a Secured Creditor so I'm Entitled to Default Interest, Right?
(DBN)

____________

Sales:

Eleventh Circuit Vacates Bad-Faith Asset Sale --- Unwinds 363 Sale Because Bankruptcy Case Filed in Bad Faith
(DBN)

Bankruptcy Court Upholds Secured Creditor's Right to Credit Bid, Rejects 'Chilling' Argument
(DBN)

____________

Recent Pleadings:

Stockton Holdout Slams Plan: Unfair Discrimination - 100% For Pensions But Less Than 1% For Creditor
(DBN)

______________

Cross-Border:

Geoffrey Edelsten’s US bankruptcy trustee launches Federal Court case for Australian assets
(DBN)

____________

Mass Torts:

Fraud charges reinstated against Cahill Gordon over asbestos case --- Asbestos Cover-Up Burns Victims' Families
(DBN)

Gulf of Mexico oil spill could haunt BP for years to come
(DBN)

Gulf of Mexico residents hail ruling against BP
(DBN)

Judge's Ruling May Encourage BP to Settle
(DBN)

Supreme Court could settle punitive damage question in BP case
(DBN)

____________

Aviation:

How American Airlines Could Inherit US Airways' Seven-Year Old Pilot Seniority Battle
(DBN)

Big Drop In Waits At Airport Security Checkpoints
(DBN)

Flier Charged With In-Flight Molestation
(DBN)

Airlines have never been better at making certain your flight is full
(DBN)

Six Months On, Families Cling To Grim Reminders Of Malaysia's Missing Flight MH370
(DBN)

____________

Fraud:

Scott Rothstein's Relationship with Then Gov. Charlie Crist at Center Stage in Nasty Governor's Race
(DBN)

HP Believes This Email Shows Autonomy 'Covered Up' Lack Of Revenue In $11 Billion Deal
(DBN)

Judge OKs $50M Settlement Between Prosecutors, Rothstein Law Firm Trustee
(DBN)

Zeek receiver goes after Canadian 'net winners'
(DBN)

____________

Sovereigns:

Waiting for December
(DBN)

Argentina says discusses mechanism of currency swap with China
(DBN)

Pollack fails to reach deal on new meeting --- Argentina and holdouts again disagree before Pollack; end of September another deadline
(DBN)

‘They aren’t vulture funds, they are predators’
(DBN)

Argentina says 'many creditors' want to swap into local law debt --- Holdouts warn about "contempt of court"
(DBN)

Argentina swap plan gets cold reception
(DBN)

Argentina, Bondholders Have Exchange Of Euphemisms, Hand-Signals, Code Words
(DBN)

Wikileaks founder Assange claims US supports 'vulture funds' in dispute with Argentina
(DBN)

Venezuelan Default Suggested by Harvard Economist
(DBN)

____________

UK:

5 Things to Consider Ahead of Scotland's Independence Vote --- The British Pound Is Getting Destroyed After Scotland Poll Stunner --- Scotland Would Have To Win 4 High-Risk Bets For Successful Independence --- Paul Krugman Has An Important Warning To Scotland --- Don't let me be last Queen of Scotland: Monarch in talks with PM over UK break-up --- Scottish-Law Bonds: A Thorny Question
(DBN)

Bankrupt Miquita Oliver wears scruffy old tracksuit to star-studded Adidas event
(DBN)

____________

EU:

For Europe's vast unemployed, hopes remain dim
(DBN)

Draghi pins hopes on ‘orphan child’ plan --- Draghi's Case For ECB Quantitative Easing
(DBN)

Insolvent businesses could face extra holiday pay claims
(DBN)

Investor Sentiment In Europe Crashes
(DBN)

____________

PIIGS:

Banco Espirito Santo: The billion dollar fall from Grace
(DBN)

Greek PM announces cuts to crisis-era taxes --- Greece starts to 'stand on its feet' --- Greek workers stage anti-austerity demonstration in Thessaloniki
(DBN)

EU positive about Ireland's early pay back of IMF loans: EU official
(DBN)

____________

Canada:

Myron Gottlieb reaches tentative deal with OSC in Livent financial scandal
(DBN)

Mercator Minerals Announces Resignation of Directors and Officers
(DBN)

____________

Germany:

Germany's Trade Surplus and Exports Reach All-Time Highs
(DBN)

____________

Ukraine:

'Listen To The Sound Of The Ceasefire': Russian Shelling Shakes Ukraine Truce --- The War In Ukraine: Reversal Of Fortune --- Ukraine's Pro-War Party Is Collapsing In The Polls --- Ukraine Fighting Threatens Peace Deal --- Ukraine Ceasefire Already Breached --- Ukraine crisis: Russia could hit EU with flight ban
(DBN)

Ukraine’s Falling GDP Could Create Bond Problems
(DBN)

Russia May Boost Sanctioned Rosneft With $40 Billion As Debt Piles Up --- Russian PM: We're Not Scared Of Western Sanctions --- Moscow defiant as sanctions loom --- Russia Threatens More Retaliatory Sanctions
(DBN)

____________

MENA:

U.S. Expands Iraqi Bombing Campaign
(DBN)

Obama Is About To Unveil His ISIS Game Plan
(DBN)

John Kerry: ISIS Will Be Destroyed Within 3 Years
(DBN)

Arab League Chief: Confront ISIS --- Army Chief: Don't Rush into War with ISIS
(DBN)

____________

South Africa:

Bizarre twist in R200 million business scam: Fake bankruptcy lawyer?
(DBN)

____________

Brazil:

Dozens of Brazil politicians accused in Petrobras scandal
(DBN)

____________

Netherlands:

One in four Dutch egg farmers in financial trouble
(DBN)

____________

Uzbekistan:

Uzbekistan introduces responsibility for intentional bankruptcy
(DBN)

____________

Australia:

Palmer 'was close to insolvency '
(DBN)

Geoffrey Edelsten Says He Could Be Up To $50m In Debt As US Lawsuit Targets His Aussie Assets --- Faces losing multiple properties, shares and cars as U.S bankruptcy trustee chases him
(DBN)

Australia's Western Desert calls administrators as iron ore price plunges
(DBN)

____________

India:

C Sivasankaran: Once the country's most astute deal maker, now a bankrupt entrepreneur
(DBN)

____________

Vietnam:

“Zombie banks” exist as State Bank prevents them from going bankrupt
(DBN)

____________

Japan:

Japan Says Economy Contracted 7.1 Percent in 2Q --- Bad News Piles up for Japan’s Economy
(DBN)

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