August 10, 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

3-Column Formating

 

Law:

Lawyers Keep Lawyering On After JPMorgan's $1.5 Billion Bungle
(DBN)

Summer Associate Offer Rates (2015): A Round-Up
(DBN)

Two Big Law Firms Allegedly Involved In Discovery Shenanigans
(DBN)

U.S. Legal Sector Adds 200 Jobs in July
(DBN)

NJ: Bankruptcy lawyer joins Woodbury law firm of Sherman Silverstein
(DBN)

Your Lawyer May Soon Ask This AI-Powered App for Legal Help
(DBN)

Being Yourself In Your Role As A Lawyer
(DBN)

Law Firms Have Reined in Partner Board Memberships
(DBN)

At Gateley, Law Firm Sees IPO as Salve for Legal Industry’s Woes
(DBN)

The Pill = More Women Lawyers?
(DBN)

Firm Strategy: Understanding Industry Dynamics
(DBN)

GC: Call Me When I’m Not Sending You Work
(DBN)

Clinton Emails Generate Work for Big Law
(DBN)

Two firms monitor lawyers’ calls in bid to combat stress through voice analysis
(DBN)

TV bosses want Amal Clooney to replace Donald Trump on US Apprentice
(DBN)

Hourly Rates for Top Supreme Court Advocates Revealed
(DBN)

Apple is going to fix the most annoying thing about using WiFi on the iPhone
(DBN)

People can tell these 9 things about you from the way you look
(DBN)

12 rules for dating a coworker
(DBN)

When Apple will start selling the next iPhone
(DBN)

A close look at why the tablet market isn't coming back
(DBN)

Here's a Bluetooth keyboard for your smartphone that fits in your pocket
(DBN)

5 tell-tale signs someone is lying to you
(DBN)

Here's the trick to removing 'like' and 'um' from your vocabulary
(DBN)

Take Care Of Your Staff As Soon As You’re Able
(DBN)

Every man needs to know how to iron a button-down shirt
(DBN)

Texas Issues Death Certificate After Contempt Threat
(DBN)

Lawyer demands Game of Thrones-style 'trial by combat'
(DBN)

Judge Sentences Texas Man to Marriage Idiot Judge Orders Idiot Couple To Marry And They Comply Because Stupid
(DBN)

Real-life crime-fighting doctors combine the 'school-smarts of a doctor and the street-smarts of a detective'
(DBN)

The law office that helped inspire Harper Lee's novels is for sale in Alabama Why I refuse to read Harper Lee's record-breaking new book
(DBN)

Pennsylvania Attorney General Won’t Quit Over Leaks Charges
(DBN)

Cops Caught Misbehaving During Pot Dispensary Raid Sue Police Dept. To Prevent Recording From Being Used Against Them
(DBN)

4 murderers tried to dispose of a body using a method they learned on the TV show 'Breaking Bad'
(DBN)

Stoned Driver Took "Selfie" With Arresting Officer
(DBN)

Man seeking state police job takes polygraph test, gets 20 years in prison
(DBN)

San Francisco Bay area news crews targeted by robbers
(DBN)

Ferguson Still Pumps Out Arrest Warrants Tensions flare in Ferguson on police shooting anniversary... Crowd of 50 loot store
(DBN)

______________

Judges:

Appeals Court Apologizes for Misplacing Case for Five Years
(DBN)

Judicial Heroes’ Courthouses Named Landmarks
(DBN)

Judge in Dewey Trial Known for Fairness, Measured Approach
(DBN)

______________

Wall Street:

Stock futures point higher
(DBN)

Stocks close down after jobs numbers bolster Fed rate hike plans
(DBN)

A golden goose for investment bankers stopped laying eggs
(DBN)

______________

Layoffs:

10 professions with the best job security
(DBN)

States Where Unemployment is Still Above 7%
(DBN)

How rising unemployment rates change students' choice of majors — and it's different for men and women
(DBN)

CenturyLink plans 1,000-job layoff
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Television:

Cracks in the cable business send media stocks tumbling Cablevision CEO Doesn't See 'Landslide' of Cord-Cutting for Now People are finally panicking about cable TV
(DBN)

____________

Religion:

Reasonable end to bankruptcy Victim advocates decry settlement plan
(DBN)

____________

Food/Beverage:

Union, landlords, others raise issues in A&P bankruptcy
(DBN)

A&P Faces Opposition on Plan to Quickly Sell and Close Stores
(DBN)

Citing bankruptcy , A&P drops Closter Plaza legal fight
(DBN)

S. California bankruptcy creates Bello Family Vineyards troubles
(DBN)

____________

Fraud:

Co-owner of defunct Long Beach real estate firm convicted in $169 million Ponzi scheme
(DBN)

3rd payment made to investor victims in ZeekRewards
(DBN)

____________

Movies:

NBC Universal Emerges as Major Unsecured Creditor in Relativity Bankruptcy NBCU Makes Surprise Appearance on Creditor Committee Carat, Cinedigm, NBC Universal Lead Creditors Committee Why investors should have doubted Relativity Media's charming wunderkind
(DBN)

____________

Shipping:

Overseas Shipholding investors settle lawsuit with execs, others
(DBN)

Bunker supplier linked to OW fraud scandal declared bankrupt
(DBN)

____________

Coal:

Is Arch Coal Next for the Bankruptcy Line? Arch Coal Under Pressure Over Debt Dispute
(DBN)

Walter Energy's Asset Value Dropped in Second Quarter
(DBN)

The markets dig a grave for Big Coal
(DBN)

Manchin has question for coal opponents
(DBN)

____________

Tech:

Apple Watch killing watchmakers?
(DBN)

____________

Weather:

Here's where over 90% of the extra heat from global warming is going and the billions of dollars it's costing us
(DBN)

____________

Currency:

Japan court rules against Bitcoin compensation plea
(DBN)

____________

Aviation:

A flight leaving Norway was delayed almost 5 hours after nearly all crew members failed a Breathalyzer test
(DBN)

____________

Debt Collection:

New York law firms that act as debt collectors set back by court decision
(DBN)

____________

Economy:

U.S. economy adds 215K jobs Steady US job gains likely foretell a new era: Higher rates A solid month of job creation, but wages stagnate Jobs report gives Fed the cover to hike in September Only one thing can stop the Fed from raising rates in September
(DBN)

We're Making Life Too Hard for Millennials Millennials aren't as poor as you think.
(DBN)

Workers the Recovery is Leaving Behind
(DBN)

Fed’s Past, Present and Future Seen in Bank of England Data Dump
(DBN)

Why American Teens Aren't Working Summer Jobs Anymore
(DBN)

Consumer Borrowing in U.S. Increased More Than Forecast in June Consumers don’t think it’s the right time to buy
(DBN)

What Would Higher Interest Rates Mean for You?
(DBN)

Most people in advanced nations think their economy is bad
(DBN)

This map shows why a $15 minimum wage is a terrible idea
(DBN)

Need a job? Two industries are desperate for talent
(DBN)

The hardest states to find full-time work
(DBN)

America's biggest companies can't stop worrying about these 9 things
(DBN)

Bill Gross: Global Economy Dangerously Close to Deflation
(DBN)

Public and Private Sector Payroll Jobs: Carter, Reagan, Bush, Clinton, Bush, Obama
(DBN)

US Debt Clock
(DBN

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

Federal judge rules Bank of America hurt Jacksonville couple, must pay $204,000
(DBN)

Mortgage Rates at 4%
(DBN)

New Proposed Bankruptcy Rules: Focus on Periodic Statements
(DBN)

Bankrupt Developer Struever Could Be Tapped By Lucchino for Providence Stadium
(DBN)

Housing is so outrageously expensive in San Francisco the city can't hire enough teachers
(DBN)

This man collected 50,000 pennies to make a statement about paying his property taxes
(DBN)

Judge orders disgraced mortgage broker John Torgerson to pay $444K to victims
(DBN)

The Resurrection of America's Slums
(DBN)

Mastermind gets 15 years in ‘mind-boggling’ scheme to fleece Vegas HOAs of millions
(DBN)

____________

Municipalities:

Puerto Rico's struggle with $72B of public debt
(DBN)

How Puerto Rico got in over its head
(DBN)

Puerto Rico's 'death spiral' can be traced back to one mistake
(DBN)

Judge orders Flint to cut water rate, stop disconnections
(DBN)

Bank Freezes Carroll County's Credit Line
(DBN)

The debt bomb: Survival, suicide pacts and Illinois - Chicago Tribune

____________

Taxis:

Uber, Lyft And No More Loans: Twilight Is Here For Big-City Taxi Barons
(DBN)

____________

Oil/Gas:

Oil prices fall, weighed by weak Chinese data U.S. crude closes at second lowest price of 2015
(DBN)

Goldman sees oil staying lower for longer to end supply glut Poll: When will the oil supply glut end?
(DBN)

U.S. rig count grows again despite the price of oil still dropping
(DBN)

Bullish Bets On Oil Go Sour
(DBN)

The Game of Chicken Behind Low Oil Prices
(DBN)

The only major U.S. industry cutting jobs
(DBN)

US oil drillers add rigs despite crude prices collapse -Baker Hughes
(DBN)

Cook Inlet Energy faces involuntary bankruptcy petition
(DBN)

What's happening in the oil market right now is 'unprecedented'
(DBN)

What Airlines Can Teach the Energy Sector about Adversity
(DBN)

Surviving the oil industry
(DBN)

To please investors, Big Oil makes deepest cuts in a generation
(DBN)

Oilfield jobs decline in July
(DBN)

U.S. shale drillers struggle amid slumping prices: Kemp
(DBN)

EOG Resources CEO: Expect US production declines in 2nd half
(DBN)

Oil to see only slight recovery in 2016, Moody’s says.
(DBN)

For Norway, Oil at $50 Is Worse Than the Global Financial Crisis
(DBN)

____________

Radio:

Colorado investor buying North Carolina radio station
(DBN)

____________

Healthcare:

El Paso: In hospital bankruptcy, key players give starkly different versions of events
(DBN)

Winsted nursing home's owners still in bankruptcy court
(DBN)

____________

Retailing:

Does Sears Management Really Think It Can Avoid Bankruptcy?
(DBN)

____________

Celebs:

Bankruptcy Puns: Available Today For Only Fifty Cents On The Dollar
(DBN)

50 Cent Bankruptcy Watchdog: ‘You Can’t Get a Dollar Outta Me’
(DBN)

Here's how 50 Cent says his entire $25 million fortune vanished
(DBN)

6 ways 50 Cent says he tricked the world into believing he was rich
(DBN)

Teresa Giudice More Prison Time For Fraud
(DBN)

____________

Bankruptcy Crimes:

Bossier City man gets 10 months for bankruptcy fraud
(DBN)

____________

Student Debt:

Education Department Plan Is an Incursion into Banking, Industry Says
(DBN)

____________

Video Games:

38 Studios Settlement Reached for $12.5 Million with Adler Pollock, Stokes, and Saul
(DBN)

____________

Politics:

What Trump didn't say about his four big business bankruptcies Going Bankrupt Like Trump Did Is for High Rollers, Not Homeowners Donald Trump's claim about never going bankrupt got quite a bit of traction What Donald Trump gets right about bankruptcy Trump: Treat me 'fairly' or I'll run 3rd party PolitiFact fact checks Donald Trump's claim that Mexico sends criminals to the U.S. Trump on the Ropes at the First Debate Watch: Trump, Kelly spar over comments on women Donald Trump disinvited to speak at RedState event 'The Republican Party Created Donald Trump' Republican candidates pile on Donald Trump for his 'offensive' attack against Megyn Kelly Donald Trump doubles down on 'mess' Megyn Kelly and blasts 'total loser' activist in epic statement Carly Fiorina Says Donald Trump's Perceived Insinuation Is Nothing New Donald Trump Says He 'Cherishes' Women Donald Trump Then and What He Says Now Trump: Trump and China give opposing lessons in failure Jeb's got the woman problem, not me Donald Trump's campaign is in the middle of a major shakeup — and everyone's pointing fingers in the 'civil war' Meet the real people who want Donald Trump to be president
(DBN)

Icahn Says He'll Be Right There at Treasury for President Trump
(DBN)

5 takeaways for business from the Republican presidential debates
(DBN)

The Republican race just got more interesting
(DBN)

Is Starbucks's Howard Schultz the Liberal Donald Trump?
(DBN)

All the Ways They Tried to Outshine Trump
(DBN)

Which GOP Candidates Got Money From “The Donald?”
(DBN)

Fiorina to GOP field: 'Game on' Carly Fiorina’s Debate Performance Invites New Scrutiny of HP Tenure Will Her H-P Past Doom Her? What You Need to Know About Carly Fiorina Carly Fiorina, Republican Debate Winner, Is The Daughter Of The Late 9th Circuit Judge (And Tax Prof) Joseph Sneed
(DBN)

John Kasich’s Standout Performance in GOP Debate
(DBN)

GOP Hopeful Compares Marriage Equality To Slavery, Takes On ‘Rogue’ Supreme Court
(DBN)

____________

New Bankruptcy Opinions
(3 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (25 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (15 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:

Rochester region's bankruptcy filings dip 2.8 percent
(DBN)

July Chapter 11 Filings Spike, Up 77% Y/Y
(DBN)

______________

Miscellaneous:

The Week Ahead
(DBN)

____________

Bankruptcy Reform:

The ABI Commission on Business Bankruptcy Reform: The Sale of All or Substantially All of the Debtor's Assets and Proposed Creation of "Section 363(x)"
(DBN)

____________

Plan Confirmation:

Second Circuit Articulates the Standard for the Extinguishment of Liens Under a Chapter 11 Bankruptcy Plan
(DBN)

Second Circuit Holds That a Chapter 11 Plan May Extinguish a Lien When the Lienholder “Participates in the Bankruptcy Proceedings”
(DBN)

____________

Discharge:

Delaware District Court Addresses Dischargeability in WCI Communities Appeal
(DBN)

____________

Bankruptcy Forms:

Pending Changes in the Bankruptcy Forms
(DBN)

____________

Proofs of Claims:

Can Filing a Claim in a Debtor’s Bankruptcy be a Violation of the Fair Debt Collection Practices Act? Maybe, But in this Case the Bankruptcy Court Rules in Creditor’s Favor
(DBN)

____________

Litigation:

In a Deposition, Tell the Client to Answer the Questions
(DBN)

____________

Insurance:

Tenth Circuit: D&O Insurance Policy’s Insured vs. Insured Exclusion Unambiguously Precludes Coverage for FDIC’s Failed Bank Claims
(DBN)

____________

Credit Reporting:

Banks, credit bureaus urged to stop reporting erroneous debts; 20% of consumers have credit report mistakes
(DBN)

Car insurers don't care if you drive well
(DBN)

____________

Theatre:

What will happen to the Surflight Theatre?
(DBN)

____________

Education:

New Mexico Academy of Healing Arts files for Chap. 7 bankruptcy
(DBN)

____________

Autos:

Tesla loses more than $4,000 on every car it sells What 8 Wall Street analysts are telling clients about Tesla
(DBN)

____________

Resorts:

Baha Mar: Too big to fail for The Bahamas
(DBN)

____________

Golf:

Trump International Golf sale hits a bunker
(DBN)

____________

Electricity:

Junior creditors close to taking control at Oncor
(DBN)

____________

Personal Finance:

Personal-Finance Lessons From the Greek Crisis
(DBN)

____________

Sovereigns:

Tango With Creditors Takes a Twirl
(DBN)

Griesa grants vulture funds hearing to discuss motion for sanctions
(DBN)

New deal for debt overhangs?
(DBN)

Seven countries near bankruptcy
(DBN)

Ukraine Bonds End 6-Week Rally as Investors Count Debt-Deal Risk Ukraine Takes Talks to Templeton Turf as Debt Payment Looms
(DBN)

____________

UK:

Late payments put a quarter of small firms at risk of insolvency
(DBN)

Economy showing signs of recovery with business insolvency numbers down
(DBN)

____________

PIIGS:

Greek government says discussing draft of third bailout deal Greek Government Officials Pore Over Third Bailout Agreement Here's why Greece's next bailout is far from a done deal Greece Seeks Resolution to Aid Deal as Creditor Talks Progress Finland Throws Support Behind Greek Bailout It Says Won’t Work Greek yields fall as new bailout deal seen near Greek Debt Talks Have 'More Optimistic Tone'
(DBN)

Irish developer who planned to build Chicago spire sues NAMA
(DBN)

____________

Canada:

Insolvencies rising in Sask
(DBN)

Canada Stocks Fall as Oil Producers Drop With Banks After Jobs
(DBN)

Herbal Magic Files for Bankruptcy and Closes Stores
(DBN)

Appeals court decision gives hope to US Steel Canada pensioners
(DBN)

____________

Germany:

German Industrial Production Drops as Chinese Slowdown Looms
(DBN)

____________

France:

French Supreme Court rules out liability for undercapitalising companies
(DBN)

____________

MENA:

Gulf Stocks at Mercy of Oil Price in Qatar-Led Retreat
(DBN)

____________

Venezuela:

With no money to buy food, 82% of Venezuelans go without
(DBN)

Conviasa Woes Worsen as Venezuela Crisis Deepens
(DBN)

Venezuela is tilting toward a major social crisis
(DBN)

____________

Indonesia:

66 coal firms go bankrupt in Jambi
(DBN)

____________

China:

How everything in China is shrinking
(DBN)

Producer prices in China slid to a six-year low in July
(DBN)

China inflation rate rises to 1.6%
(DBN)

Chinese exports nosedive China's imports are plunging
(DBN)

Nobody believes China's growth figures — and the truth could be much worse
(DBN)

UBS Wary as China Cleans Up Debt Mess
(DBN)

____________

Cyprus:

Cyprus: New Insolvency Laws
(DBN)

____________

Brazil:

The world's seventh largest economy is in a downward spiral
(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 reach us at 281-402-3957 or 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 2014