August 19, 2015

The Daily Bankruptcy News

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3-Column Formating

 

Law:

The Dewey Trial: Sad Tears for the Victims Dewey Witness Says She Never Intended to Defraud
(DBN)

US law firms worried by lack of skills among law students
(DBN)

Lawyer’s repeated instructions to not to answer deposition questions draws sanction for Kramer Levin Kramer Levin sanctioned by court over unprofessional conduct
(DBN)

Many Black Lawyers Navigate a Rocky, Lonely Road to Partner Unconscious bias, exclusion from networks lead to dearth of minority law firm partners, prof says
(DBN)

Is competitive BigLaw similar to Amazon’s survival-of-the-fittest system? Legal profession cited as example of brutal environment by NY Times
(DBN)

Riker Danzig Nabs Dilworth Paxson NY-Based Bankruptcy Partners
(DBN)

Beyond Biglaw: There Are No Dog Days
(DBN)

And the Survey Says: What Clients Want
(DBN)

LeClairRyan opens in Delaware, its 3rd new office this year Law firm tapping into busy Delaware docket
(DBN)

This Law School’s Enrollment Is Down By Almost 80 Percent
(DBN)

What Law Schools Can Learn From Medical Schools
(DBN)

Law student summers: expectations vs reality
(DBN)

Welcome To Law School — Kung Fu Edition
(DBN)

Herbert Smith Freehills makes work from home program permanent after positive feedback
(DBN)

No There There For The Legal Tech Industry?
(DBN)

Try A Little ‘Configance’
(DBN)

Law firm project will provide school supplies to 23,000 students
(DBN)

The Cliff Notes to 7 Current Legal Industry Studies
(DBN)

Legal Departments Still Sheepish on Third-Party Bill Review
(DBN)

The 15 best watches under $5,000
(DBN)

How to make your iPhone run faster
(DBN)For Professionals: Confide app launches for Mac and PC
(DBN)

German carriers have reportedly revealed when Apple will release the iPhone 6S
(DBN)

Innovation Has Failed Big Law, Legal Ops Can Help
(DBN)

Selling Drugs Not A Great Way For Lawyers To Supplement Their Income
(DBN)

Lawyer gets home confinement for insider trading based on golfer’s tips
(DBN)

Lawyer arrested in alleged murder plot wants to represent client going to trial this week
(DBN)

Should Town And County Clerks Opposed To Gay Marriage Be Required To Issue Marriage Licenses To All Couples? Hood County clerk’s refusal to issue same-sex marriage license costs taxpayers $43,000
(DBN)

Tsarnaev Lawyers: Boston Marathon Bombing Wasn’t ‘Crime of Violence’
(DBN)

Two Georgia cops charged with murder for Tasering to death handcuffed black man who refused to walk
(DBN)

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Judges:

Judge who hit sheriff’s patrol vehicle in courthouse parking lot agrees to 90-day unpaid suspension
(DBN)

Benchslap Trifecta — Courting A Judge’s Ire
(DBN)

Confirming federal judges during the final two years of the Obama administration: Vacancies up, nominees down
(DBN)

A New Trend Among Supreme Court Clerks?
(DBN)

Ex-Judge Alleging Courthouse Asbestos Exposure Dies
(DBN)

WD PA: Brown Bag Lunch with the Bankruptcy Judges
(DBN)

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Wall Street:

Stock futures slip
(DBN)

US stocks close lower after mixed earnings
(DBN)

Investors haven't hated the US stock market this much since 2007
(DBN)

Warren Buffett’s favorite valuation measure signals stock markets are overvalued
(DBN)

______________

Layoffs:

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Retailing:

Wal-Mart cuts outlook on wage, e-commerce spending One alarming reason Walmart's profit is down How Much Higher Wages Are Costing Wal-Mart
(DBN)

Mayor declares local Wal-Mart a public nuisance
(DBN)

Romano’s Jewelers Stores Shut Down, Owe $58M in Claims
(DBN)

Lowe's sales beat on demand for appliances, outdoor equipment
(DBN)

____________

Personal Finance:

The Tooth Fairy is cutting back this year
(DBN)

Financial experts may have gotten this wrong for years
(DBN)

____________

Education:

Financially Troubled College Will Get $20 Million, if It Changes Its Name
(DBN)

DeVry profit plunges as enrollment drops
(DBN)

Black Arts: The $800 Million Family Selling Art Degrees and False Hopes
(DBN)

Mark Cuban says efforts to curb student debt could put liberal arts majors at risk
(DBN)

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Coal:

Remaining Patriot Coal Mines to Be Sold
(DBN)

Patriot Coal Leveraged Loan To See 80% Recovery Under Reorg Plan
(DBN)

UMWA miners protest Patriot bankruptcy arguments
(DBN)

Arch Coal Said to Seek Compromise With Lenders Against Debt Swap
(DBN)

Will Arch Coal file for Bankruptcy ?
(DBN)

West Virginia coal mining complexes are on the market
(DBN)

Committee Appointed In Alpha Natural Resources Case, Hires Milbank
(DBN)

____________

Celebs:

Desperate Duggars pitch TLC new show
(DBN)

1 of 6 NFL Stars Goes Bankrupt
(DBN)

Teresa Giudice's Jersey Shore home sold back to bank for $100 at auction
(DBN)

Former Subway rep Fogle nears plea deal: Report
(DBN)

____________

Healthcare:

U.S. Trustee Asks Hutcheson Medical Center Bankruptcy Be Dismissed; Says Hospital Too Far In Debt With No Reorganization Plan; Patient Care At Risk Trustee asks judge to terminate Hutcheson's bankruptcy protection
(DBN)

Quadruplets born to 65-year-old woman to leave hospital
(DBN)

____________

Economy:

US economy on track to grow 1.3 percent in third quarter: Atlanta Fed
(DBN)

Jeff Gundlach calls Fed hike a ‘bad idea,’ warns of ‘Pandora’s Box’
(DBN)

St. Louis Fed official: No evidence QE boosted economy
(DBN)

U.S. Lacks Ammo for Next Economic Crisis
(DBN)

Poll: Approval of Unions Rising Quickly
(DBN)

Goldman: Recession Not On The Horizon
(DBN)

Uh-oh: Americans are saving less for retirement
(DBN)

The 10 best US cities for small business owners
(DBN)

More Americans face hard choice: Drugs or groceries
(DBN)

Is Wal-Mart just the first victim of rising wages?
(DBN)

US Debt Clock
(DBN

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

U.S. Housing Starts Edge Up 0.2% Single - Family Houses Fuel Gains in US Homebuilding in July Housing starts highest since before Great Recession
(DBN)

The hottest zip codes in the US
(DBN)

Let’s tap the brakes on this supposedly positive housing data
(DBN)

Construction’s mixed July performance misses expectations
(DBN)

Where apartment construction is hottest
(DBN)

High Credit Quality Cited for Decline in Mortgage Delinquencies
(DBN)

____________

Municipalities:

Bankruptcy will cost Detroit on new bonds
(DBN)

Lessons for other municipalities from Detroit’s Chapter 9
(DBN)

After the Default: A Neoliberal Debt Solution For Puerto Rico
(DBN)

Chicago: Bankruptcy is the only way out
(DBN)

America's most (and least) educated cities
(DBN)

____________

Student Debt:

Grad-School Loan Binge Fans Debt Worries
(DBN)

Hillary Clinton and Marco Rubio agree: this is the best way to tackle student loans
(DBN)

CFPB Probes Education Department Loan Contractors Over Potentially Faulty Practices
(DBN)

____________

Oil/Gas:

Charts show Nymex oil could hit $38 and stick
(DBN)

Oil Prices Could Sink to $15
(DBN)

WTI oil rebounds, but sub-$40 levels may be on tap Oil prices plummet, then recover, after China’s cash injection Oil prices steady but oversupply a concern
(DBN)

KKR Losses May Reach $5 Billion From Samson, Energy Future Busts
(DBN)

Oil... lower it goes, better the bounce: Expert Analysts: Oil patch will come roaring back to life in 2017
(DBN)

How Much Pressure Will Iran Put On Oil Prices?
(DBN)

McClendon’s Marcellus Misadventure Exposes Lenders to More Pain
(DBN)

Official: The U.S. Oil Export Ban Is (Sort Of) Over
(DBN)

Singapore’s Jurong Aromatics Said in Debt Talks After Oil Plunge
(DBN)

Tension Growing In Kazakhstan As Oil Prices Batter Economy
(DBN)

Offshore oil auction draws low interest
(DBN)

Tx. Economy Still Great in Spite of Oil Prices
(DBN)

How the Worst Performing Oil Companies Are Making More Than Exxon
(DBN)

____________

Television:

The scariest chart in the history of cable TV
(DBN)

____________

Politics:

A Trip Down Donald Trump's Bankruptcy Memory Lane Donald Trump is only expanding his big lead What Would Happen to the Economy If Trump Got His Way Heidi Klum had the perfect response after Donald Trump said she's 'no longer a 10' For Mexicans, Trump’s bid is getting scarier Donald Trump is forcing other Republicans to say things they’ll regret about immigration Q&A: Explaining ‘Birthright Citizenship’ Rivals struggle to understand Trump’s appeal What Donald Trump gets about the electorate Political elites have lost control, and they hate that
(DBN)

Hillary Clinton is her own worst enemy Maybe Hillary Clinton just isn’t a very good candidate Hillary's email firm was run from a loft apartment with its servers in the bathroom Fact Check - Howard Dean: "There’s a tremendous other number of public officials who have done the same thing" as Hillary Clinton with a private email server. Clinton: 'No Idea' If Email Server Was Wiped 'Nothing to Worry About' Clinton Is Defiant as Email Cases Loom
(DBN)

Carly Fiorina's Business Record: Not So Sterling Carly Fiorina says raising minimum wage would lead to less opportunity CEO Fiorina Fought the Good Fight
(DBN)

Scott Walker’s Obamacare replacement plan, explained in 500 words
(DBN)

Marco Rubio's Obamacare replacement plan, explained
(DBN)

Spending on political ads estimated to hit record $11.4 billion in 2016
(DBN)

____________

Food/Beverage:

Starbucks just made a major change to one of its most popular beverages
(DBN)

____________

Aviation:

How One Airline Ticket Can Equal Two Seats
(DBN)

____________

Mining:

Depressed metals make miners seem like a bargain
(DBN)

____________

Private Clubs:

Colorado developer makes $1.25M offer for KC Club building
(DBN)

____________

Guns:

Colt Threatens It Could Run Out Of Cash If Sale Barred
(DBN)

____________

Aerospace:

Carlyle's Sequa Said to Burn Through 44% of Cash; Loans Plunge
(DBN)

____________

Privacy:

Hackers Finally Post Stolen Ashley Madison Data The Ashley Madison hack, explained
(DBN)

____________

Movies:

RKA Film Financing Asks Relativity Bankruptcy Judge To Amend Sale Plan
(DBN)

____________

Environmental:

Guilty plea hearing Wednesday for W.Va. executive in spill
(DBN)

____________

New Bankruptcy Opinions
(6 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (28 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (13 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)

______________

Make-Whole:

Getting a make-whole premium upon bankruptcy?: courts say "probably not"
(DBN)

____________

Chapter 13:

Trustee’s Valuation of Unresolved Pre-Petition Cause of Action Rejected, Debtor Ordered To Provide Periodic Status Reports On Value
(DBN)

____________

Bankruptcy Reform:

ABI Commission Report – Small and Medium-Sized Debtor Enterprises
(DBN)

Fed: Insolvency after the 2005 Bankruptcy Reform
(DBN)

____________

Plan Confirmation:

Second Circuit Clarifies Standard for Extinguishing Liens in Chapter 11 Plans
(DBN)

9th Circuit to Finally Hear In re Zachary, Does Absolute Priority Rule Apply in Individual Cases?
(DBN)

____________

Cure:

Eleventh Circuit Holds That a Creditor May Demand Default-rate Interest as a Condition for Reinstating Loan
(DBN)

____________

Professional Employment:

Not All Expenses Of A Professional May Be Compensable By The Estate, Even In The Face Of A Clear Retainer Agreement And An Approved Employment Application!
(DBN)

____________

Gambling:

Apollo Said to Get Caesars Creditor Demand to Abandon Parent
(DBN)

____________

Recent Pleadings:

Akin Gump Slams DIP Lender's Criticism Of Committee's Legal Bills, 20/20 "Hindsight", Offers 10% Discount
(DBN)

______________

Litigation:

Federal judiciary considers dumping ‘ancient documents’ rule
(DBN)

____________

Corporate Governance:

A Look at the Modern Business Judgment Rule
(DBN)

Former Enron CFO says boards need to rock the boat and ask tough questions
(DBN)

____________

Mass Torts:

Defunct boiler maker, crippled by asbestos claims, files for bankruptcy again
(DBN)

____________

Notice:

Known or Unknown? Third Circuit Questions Standing in New Century Appeal
(DBN)

____________

Resorts:

US Judge Hints At Baha Mar's Chapter 11 Case Continuing
(DBN)

____________

Fraud:

Former Oak Rock CEO Gets 8 Year Sentence for Bank Fraud
(DBN)

Massachusetts TelexFree Victims Share $3.5 Million Bank Settlement
(DBN)

____________

Banking:

Trustee Hopes to Avoid Allied Bank Stock Auction
(DBN)

____________

Privacy:

Thieves stole 220,000 more individual tax records from IRS computer system than feds first thought
(DBN)

____________

Sovereigns:

BofA Says This Defaulted Argentina Bond Is Best Singer-Deal Bet
(DBN)

____________

UK:

Section 236 of the UK Insolvency Act 1986 – extra-territorial effect?
(DBN)

____________

PIIGS:

Greece Moves Forward With First Privatization Since Bailout Deal Greece gives German firm rights to run 14 airports Tsipras and Merkel face revolt over Greek bailout Greece relaxes capital controls, will allow 500 euro withdrawals Spanish parliament to approve new Greece bailout Austrian parliament backs Greek bailout Dutch coalition faces no-confidence vote over Greek bailout German MPs back deal Fitch upgrades Greece credit rating to CCC
(DBN)

____________

Canada:

Global glut keeps B.C. coal industry in check
(DBN)

____________

Poland:

Poland Updates its Covered Bond Legislation to Attract Foreign Investors
(DBN)

____________

China:

The world's top China analyst has a doomsday scenario
(DBN)

Why China's market misfires keep rattling markets
(DBN)

____________

Russia:

Lingering Slump Tests Putin’s Popularity
(DBN)

____________

MENA:

Iraq Hires Banks Including Citigroup for $6 Billion Sale
(DBN)

____________

India:

Bankruptcy Code to be Ready Soon
(DBN)

____________

Netherlands:

At least 1300 Dutch jobs gone in Imtech bankruptcy
(DBN)

____________

Denmark:

Denmark's Lundbeck to cut 1,000 jobs in restructuring
(DBN)

____________

 


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