April 30, 2015

The Daily Bankruptcy News

View prior editions: Click Here
View prior case summaries: Click Here
Search prior headlines: Click Here
Search prior case summaries: Click Here

Format For Mobile Device




Law:

Remembering Harvey R. Miller: The Evolution and Changing Environment of Bankruptcy Reorganization Law and Practice
(DBN)

US trustee wants Burns & Levinson bounced as Karmaloop counsel
(DBN)

Firms Seek New Ways to Respond to Shrinking Bankruptcy Filings
(DBN)

Biglaw Mommy: Women Of Biglaw, Unite?
(DBN)

With Fewer in Law School, Job Prospects Improve
(DBN)

Bankruptcy and Bad Behavior - The Real Moral Hazard: Law Schools Exploiting Market Dysfunction
(DBN)

Court Orders Top Biglaw Firm To Pay $1.3 Million In Fees
(DBN)

Work-Life Balance Is NOT Work-Fun Balance
(DBN)

Law School Grads' Jobs Rate Rises - But There's a Catch
(DBN)

GC: Firms Will Have to Change
(DBN)

Accountancy firms predicted to jettison hourly billing before lawyers
(DBN)

Norton Rose Fulbright Names New Global Chair
(DBN)

Corporate Counsel Say Law Firms Are Becoming More Tech-Savvy
(DBN)

‘Just Win, Baby’ – The Path To Prosperity In A Plaintiffs’ Firm
(DBN)

Barack Obama To Teach Law School Classes After Presidency Ends?
(DBN)

Group salutes bankruptcy lawyer’s advocacy
(DBN)

Cox Smith, on the year ahead
(DBN)

Convicted of egging prosecutor’s cars, man gets a reprieve from state’s top court
(DBN)

5 Secrets to Submission Success in Legal Rankings
(DBN)

3 sleep hacks that will make you feel rested and more productive
(DBN)

7 psychological tricks that will make you instantly smarter
(DBN)

FBI: Disbarred Attorney Sentenced to Prison for Bank Fraud
(DBN)

In West Baltimore, some residents see rioting as a rational response to daily despair Baltimore neighborhood at the center of riots was a ticking time bomb Baltimore Curfew Meets Resistance Report: Baltimore police won't release report on Freddie Gray's death to the public Prisoner: Freddie Gray Trying to Hurt Himself
(DBN)

Law School Finals Delayed Amid Baltimore Protests
(DBN)

Public defender asks private lawyers to help represent hundreds arrested in Baltimore
(DBN)

How Responsible Are Lawyers For Injustice In Ferguson?
(DBN)

Indian lawyers turn to discounts, bargains and estimates on fees
(DBN)

______________

Judges:

What Should Judges Do in Chapter 11?
(DBN)

Judicial campaign finance reformers just won a massive victory at the Supreme Court States may ban judicial candidates from personally asking for campaign cash, SCOTUS rules Excerpts: Supreme Court Ruling on Judicial Fundraising Bans
(DBN)

Justice Alito: Why Not Let 4 Lawyers Marry One Another?
(DBN)

Sheriff Joe Arpaio’s lawyers protest federal judge’s questions during contempt hearing
(DBN)

Justice Scalia Makes Completely Tone-Deaf Joke During Gay Marriage Arguments
(DBN)

Wendell Pierce Set as Clarence Thomas in HBO's 'Confirmation'
(DBN)

______________

Wall Street:

Fed caution, weak economic growth weigh on stock futures
(DBN)

Stocks close lower amid weak GDP, Fed statement
(DBN)

______________

Layoffs:

U.S. Steel CEO: Layoff notices nationwide rise to 9,000
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Corporate Reform:

U.S. SEC proposes disclosure rules on executive pay versus performance Will new CEO-pay rules pay off?
(DBN)

____________

Celebs:

'RHONJ' Star Teresa Giudice Is Doing WHAT in Prison?!
(DBN)

____________

Gambling:

Caesars to Face Multiple Probes of Pre- Bankruptcy Actions
(DBN)

Caesars gets temporary extension to keep control of bankruptcy
(DBN)

Revel may not open this season, owner says There is now power into the Revel building, future still murky
(DBN)

____________

Student Debt:

Some on Wall Street say $1.2 trillion in student debt could trigger the next market crash
(DBN)

AZ: Lawmakers Want Debt Free College
(DBN)

____________

Personal Finance:

How to answer the 10 most common interview questions
(DBN)

The 'George Clooney Effect' explains why younger women often pair up with older men
(DBN)

____________

Finance:

PennantPark, A BDC, To Buy Assets Of Struggling Rival Lender MCG Capital
(DBN)

____________

Fraud:

Madoff Settlements to Bring in $11.1M More
(DBN)

____________

Religion:

Diocese names priests, sisters, staff accused of sexual abuse
(DBN)

Creflo Dollar: Demons Stole by Private Jet
(DBN)

____________


Economy:

Fed points to softer US labor market, weak economic growth Parsing the Fed: How the Statement Changed in April from March US economy stumbles in first-quarter as weather, low energy prices weigh Noting Slower Economy, Fed Appears No Closer to a Rate Hike Fed lowers economic outlook but stays mum on rate plans Fed: All calendar references removed Fed keeps its options open as it sees better days ahead The Fed says the economic slowdown is temporary and markets don't know what to think Here's what changed in the new Fed statement Complete text Here’s the ‘wild card’ for a Fed hike this year
(DBN)

Fed, White House choose not to mention the D-word
(DBN)

U.S. economic growth slows to 0.2 percent, grinding nearly to a halt First Take: 3 things that undercut GDP in first quarter Another Year, Another Weak First Quarter for GDP. What Gives? Who murdered first-quarter GDP?
(DBN)

Consumers holding on to their wallets for dear life
(DBN)

Income Inequality Is Costing the U.S. on Social Issues
(DBN)

The Bad News (Poverty) and Good News (Education) About Millennial Parents
(DBN)

National Credit Default Rates Remain Flat Despite Jump in Bank Card Defaults in March
(DBN)

One in five elderly Americans dies broke
(DBN)

For boomers, it's the retirement that never was
(DBN)

PIMCO hire Bernanke as senior adviser
(DBN)

Apple warns of ‘material’ financial hit from probe FT
(DBN)

Generation X Now Wants to Run the World
(DBN)

The jobs most likely to make you drink
(DBN)

US Debt Clock
(DBN

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

Pending Sales of Previously Owned U.S. Homes Rose 1.1% in March Spring home sales ‘starting off on solid footing’
(DBN)

Do millions of Americans face impending housing peril?
(DBN)

Judge reopens TH Properties bankruptcy case
(DBN)

Foreclosure Sales: When Is the “Deed” Done?
(DBN)

Deep-dish profit: Giordano's buildings sell for $14 million
(DBN)

Ocwen, Assurant to pay $140 million to settle force-placed insurance suit
(DBN)

___________

Municipalities:

Emanuel to civic group: City's fiscal hole 'dug over many, many years'
(DBN)

Chicago Wants Out of Complex Finance Deals
(DBN)

Can Evans save Wayne County?
(DBN)

How Two Billionaires Are Remaking Detroit in Their Flawed Image
(DBN)

Detroit’s Ravaged Packard Plant Looks to Europe for Renaissance
(DBN)

Facing insolvency , Puerto Rico contemplates VAT Puerto Rico's debt crisis has left the US territory with no good options
(DBN)

Jeb Bush Endorses Puerto Rican Statehood
(DBN)

The California Metro Area With a European-Style Jobless Rate
(DBN)

____________

Oil/Gas:

Here's why oil is rallying to its highest level this year
(DBN)

U.S. oil inventories rise by almost 2 million barrels, but below expectations
(DBN)

For Sale: Used Oilfield Machinery - Firms try to unload equipment after collapse in oil prices and U.S. drilling
(DBN)

Domino Effect of Disappearing Oil Jobs
(DBN)

Moody's: Banks Oil Losses Manageable
(DBN)

Oklahoma rig manufacturer files for bankruptcy protection
(DBN)

Oil Field Services To Bear The Brunt Of Price Collapse
(DBN)

We Are Witnessing A Fundamental Change In The Oil Sector
(DBN)

Bust? What Bust? Franklin Sees Opportunity in Shale
(DBN)

Shell profit up 7% despite sharp fall in revenue
(DBN)

Oil Drop Opens Door to Megadeals
(DBN)

Fitch: Energy Defaults Resurface in U.S. Leveraged Loans
(DBN)

KBR reports income up after restructuring that 1,000 cut jobs, 11 business segments
(DBN)

Europe’s biggest oil refiner joins those predicting end of boom
(DBN)

Pickens: Don't Worry, Oil is Coming Back
(DBN)

____________

Education:

Your college has closed? Try this troubled for-profit school, Education Department advises
(DBN)

For-profit college's collapse is particularly devastating for this veteran
(DBN)

Eaton Vance Joined Buyers’ Revolt That Killed Louisiana Bond
(DBN)

____________

Flooring:

Lumber Liquidators says DoJ seeking criminal charges, shares plunge Lumber Liquidators sets aside $10 million as DOJ probes
(DBN)

____________

Golf:

NFL owner Bob McNair buying bankrupt Charleston golf course
(DBN)

____________

Internet:

Yelp is crashing after earnings miss
(DBN)

____________

Restaurants:

The eyesore on the North Shore: Workers prepare for last Chattanooga chapter about Casey's barge leaving
(DBN)

____________

Housewares:

EveryWare Bankruptcy Loan Wins Final Court Approval
(DBN)

____________

Privacy:

Will RadioShack Intellectual Property Sale Go Through?
(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 (21 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (9 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:

Interactive Bankruptcy Statistics Map
(DBN)

_____________

Involuntary Bankruptcy:

The Eleventh Circuit Wallops Involuntary Bankruptcy Petitioners
(DBN)

____________

IP:

DE Chancery Interprets Bankruptcy Code to Find Jurisdiction Over IP
(DBN)

____________

Indentures:

Recent Decisions Concerning The Trust Indenture Act Underline The Limits On Out-Of-Court Restructurings
(DBN)

____________

Litigation:

The Hazy Line Around Disqualifying eDiscovery Vendors
(DBN)

____________

Insurance:

Corporate Loan Provisions Aimed at Proxy Campaigns Trigger D&O Litigation
(DBN)

____________

Awards:

Berger Singerman Named Top Mid-Size Workplace By The Sun Sentinel
(DBN)

____________

Consultants:

Epiq Systems Names Jill Bauer as Managing Director, Chapter 7 Bankruptcy Solutions and Fiduciary Services
(DBN)

____________

Mass Torts:

Illinois county does booming business in asbestos lawsuits
(DBN)

____________

Electricity:

Oncor Sale May Offer a Way Out for Former TXU
(DBN)

____________

Sovereigns:

Debt restructuring: Kicillof calls for 'urgent intervention of all countries'
(DBN)

President faces off with holdouts over rates
(DBN)

Kicillof denies dumping 'vulture funds' conflict on next gov't
(DBN)

____________

UK:

Sainsbury's struggles as Cairo court sentences boss Mike Coupe to jail in bizarre legal drama
(DBN)

Scottish construction bankruptcy numbers fall
(DBN)

Scotland feels insolvency pain – despite UK's 'austerity gain'
(DBN)

Fewer IT firms going bust in 2015, shows Exaro Insolvency Index
(DBN)

Royal Bank of Scotland reports heavy loss
(DBN)

Company and personal insolvencies sink to pre-recession lows
(DBN)

KPMG administrators called in to collapsed paper maker
(DBN)

____________

EU:

Eurozone inflation rises to 0%
(DBN)

____________

PIIGS:

Greece signals concessions in crunch talks with lenders
(DBN)

'We won't surrender': Firebrand Greek minister risks fresh schism with Europe Greece has days for reform deal, must start third bailout talks - official Greece considers selling ports to reach deal with EU/IMF - government source Greek endgames It's time to start thinking the unthinkable Grexit could cause a recession 'of unprecedented magnitude' and a 50% currency devaluation
(DBN)

Moody's rating agency downgrades Greece's debt to junk.
(DBN)

Italy promises rapid action to simplify bankruptcy procedures
(DBN)

Spain's economy is booming
(DBN)

____________

Canada:

Charges laid in a number of bankruptcy fraud investigations
(DBN)

____________

Austria:

Austria reckons with its own little Greece as bank pain spreads
(DBN)

____________

Dominican Republic:

Economy chief says Dominican businesses need a bankruptcy law
(DBN)

____________

Serbia:

Private sector to take cost of Serbia's bad loans - central bank
(DBN)

____________

China:

When equities no longer equitable: applying the Deep Rock Doctrine in PRC
(DBN)

____________

Australia:

Goldman Sachs says Australia at risk of losing AAA rating
(DBN)

____________


The Daily Bankruptcy News is primarily a curated news link gathering service.   Most of the headlines contained in the publication are a collection of links to stories posted on the Internet by various third party publications.  Such content is owned by third party sources, not The Daily Bankruptcy News, and in some cases, these links change or expire, which means you may not be able to view some news stories in prior editions of the Daily Bankruptcy News. The DBN subscription fee is not a fee for access to the content of the links, but is a charge for the considerable work involved in gathering, organizing and presenting the links. Use of this site and The Daily Bankruptcy News is subject to our Terms of Use. If you received The Daily Bankruptcy News via email (and you have a paid subscription account), to view a news story, click on the headline, and the story should open in your web browser. To view additional stories, click back to the email and click on additional headlines, which will cause new stories to open in your web browser.  You can view the Daily Bankruptcy News on the web by clicking here.

Advertising
Advertising is available in The Daily Bankruptcy News. Click here for details  Feel free to contact us with any questions.

Passwords/Subscriptions
Access to certain links in The Daily Bankruptcy News is available only to readers holding a paid service subscription. These links are currently marked with a "DBN" notation. The cost of a subscription is $62/year, payable annually.  Volume discounts are available for sites with multiple users. Click here to see a schedule of discounts. Complimentary subscriptions are available for full-time educational and governmental employees and for full time students. For information about discounts or educational/governmental subscriptions, contact us by clicking here. A separate password is required for each member of a firm wishing access to restricted links.

New readers can receive a free password good for 30 days by clicking here. 30-day passwords are not available to readers who have previously had a password, even if the password was associated with a different email address used by the reader. Refunds are not available after purchase.

Readers who wish to change their passwords should click here. Readers who have forgotten their password should click here.

Adding Your Email Address To The Distribution List
If you would like to start receiving The Daily Bankruptcy News by email each day, click here, and fill in the information requested. There is no charge to be placed on the distribution list to receive the headlines, although access to many of the links behind the headlines requires a paid subscription (see above, under Passwords). If, after adding your email address to the distribution list, you do not receive an email confirming the addition, please contact us by clicking here for help.

Removing Your Email Address From The Distribution List
If you already receive The Daily Bankruptcy News by email and you wish to remove your email address from the distribution list, click here and send the email that should appear. You do not need to type anything in the body of the email message. Note that the email asking for removal must be sent from the same email address which is on our distribution list. If you do not receive an email confirming deletion of your email address from the distribution list, contact us by clicking here for help.

If receive the publication forwarded from an older email address, you will need to contact us as described below for help removing that older address from our distribution list.

Press Releases/News Tips
Please send press releases and news tips to admin@bkinformation.com

Contact Us
The Daily Bankruptcy News is published each business day by BKINFORMATION.COM, L.L.C. You can phone or text us at 281-402-3957. You can email us at accounting@bkinformation.com (email inquiries are usually answered substantially more quickly than phone inquiries). Our mailing address is 935 Eldridge Road, No. 350, Sugar Land, Texas 77478.

Copyright 2015