August 21, 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:

Bank VP Details Crumbling Relationship With Dewey
(DBN)

Being A Law School Dean Right Now Is Really, Really, Really Hard
(DBN)

Who Is To Blame For The Dumbing Of The Legal Profession? Are Lawyers Getting Dumber? Empty Theory or Troubling Trend US questions the smartness of new entrants to the law
(DBN)

LSAT Takers Fall 34% Since 2010 The Continuing Decline In LSAT Takers
(DBN)

Reinventing The Law Business: Where Is The Legal Profession Heading? (Part 5)
(DBN)

Reed Smith Associates Say What's Very Wrong (at least in their perception) At Firm
(DBN)

Associates At This Biglaw Firm Are Under Direct Orders From Managing Partner Not To Say ‘Thank You’
(DBN)

Biggest challenge for law firms is finding new customers
(DBN)

BigLaw names appear on Ashley Madison dating lists How to Search Ashley Madison Data Ashley Madison Lawyers Up After Breach Divorce lawyer says of Ashley Madison hack: 'It's going to be Christmas in September' Josh Duggar admits to p--- addiction and being ‘unfaithful’ to wife: ‘I have been the biggest hypocrite ever’ If the hack doesn’t kill Ashley Madison, these lawsuits could The Ashley Madison hackers have released a second load of data — it's twice as big as the first AshleyMadison.com Hack = Good News For Divorce Lawyers, Bad News For Other Sectors Ashley Madison using copyright law to try to limit attack leak Ashley Madison founder emails leaked in new data dump
(DBN)

Is She Dallas' Most Beautiful Lawyer?
(DBN)

Lawyer jobs in decline because of AI, says Stanford Uni lecturer
(DBN)

Can Litigation Funding Thrive on Bankruptcy ?
(DBN)

Why not eliminate quarterly earnings reports, Wachtell co-founder suggests
(DBN)

Akin Gump Defends Fees for Representing Cal Dive Committee
(DBN)

Legal departments show vulnerability to phishing attacks
(DBN)

A Deflategate Email Exchange Part II
(DBN)

5 Best Practices to Improve SEO for Your Firm’s Website
(DBN)

Common workplace anxiety dreams and their meaning
(DBN)

6 simple tricks to improve the way you react to stress
(DBN)

3 habits that make great employees burn out
(DBN)

Banker shirts don't look like this anymore
(DBN)

When working too much isn't a badge of honor: the difficult reality of workaholism
(DBN)

Judge says lawyer defending himself in trial for shooting man who refused to leave outside his law office 'lost the jury'; mistrial is declared
(DBN)

Chinese lawyer numbers grow by 20,000 a year
(DBN)

Anonymous 'cyberbullying' by prosecutors deprived cops of fair trial, 5th Circuit says
(DBN)

2 Suspects Arrested In Lawyer’s Brutal Murder
(DBN)

Dad who let 15-year-old drive gets prison time after fatal accident
(DBN)

Paraplegic convict to be hung 'from his wheelchair'
(DBN)

In Praise Of Jack Soloff, Suits’s Smarmy Savior
(DBN)

______________

Judges:

Judge apologizes for taking ‘judicial note’ that ‘Greeks never pay taxes’
(DBN)

Dissenter blasts Posner’s Internet research Benchslaps Fly Over Judges Doing Factual Research On The Internet Dr. Posner Will See You Now: 7th Circuit Judges Reignite a Spirited Debate over Judicial Internet Research
(DBN)

Interning for Sotomayor: 'Opportunity of a Lifetime'
(DBN)

Justice Sonia Sotomayor Attends Unveiling of Her Mural
(DBN)

______________

Wall Street:

U.S. stocks eye a reprieve despite ‘mortal blow’ from Chinese data
(DBN)

Wall Street poised for another torrid day of trading
(DBN)

Dow, S&P and Nasdaq all shed 2% as Street frets Just how bad was Thursday's market carnage? US stocks suffer worst loss of 2015 as markets end in a rout Markets dragged down by global meltdown fears
(DBN)

Get ready: A correction is coming
(DBN)

S&P 500 slump could be biggest bull signal of all
(DBN)

Why it’s great news that investors are dumping U.S. stocks
(DBN)

A quarter of S&P, a third of Dow in bear territory
(DBN)

______________

Layoffs:

HP's layoffs will exceed 55,000 people, CFO says
(DBN)

Colorado-based Curian Capital to lay off its 224 employees ahead of closure
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Retailing:

Stage Stores to close 90 locations
(DBN)

Sears sales soften in 2nd quarter
(DBN)

Cost-Cutting Is the Key to J.C. Penney's Turnaround
(DBN)

____________

Healthcare:

Brunswick hospitals await bankruptcy judge's merger decision Judge OKs merger of Brunswick hospitals Judge OKs $7.9 million sale agreement for Brunswick hospital
(DBN)

Hutcheson, Erlanger Stop Warring For 60 Days While Focus Is On Rescuing Troubled Fort Oglethorpe Hospital
(DBN)

Hospitals remain stressed, but don't blame the ACA
(DBN)

Americans Want Medicare to Negotiate Better Deals on Drugs
(DBN)

____________

Manufacturing:

Monitor Financial Distress in Your Supply Chain
(DBN)

____________

Tech:

Lavaboom Encrypted Email Startup Declares Bankruptcy
(DBN)

____________

Corporate Reform:

Banks face another $65 billion in litigation and fines
(DBN)

Panicking banks ban mobile phones, swearing and even emojis in bid to avoid repeat of Libor humiliation – but new rules could drive traders away because they ‘stop the job being fun’
(DBN)

____________

Coal:

Arch, Peabody Soar for Second Day Amid Optimism Over Debt Swap
(DBN)

What Cheap Gas Did to Tens of Thousands of Coal Jobs
(DBN)

____________


Economy:

Jobless claims rise for 4th straight week Still-low 277,000
(DBN)

Leading economic index drops 0.2%
(DBN)

How the Financial Meltdown Changed Our Spending Habits
(DBN)

Disappointing business surveys intensify growth fears
(DBN)

Yellen's Learned These Five Things About the Economy Since July
(DBN)

Citi: The Markets Read the Minutes Wrong, and the Fed Will Hike in September Economists predict September hike: CNBC Survey
(DBN)

Why the Fed would be nuts to raise interest rates now
(DBN)

Strong Philly Fed survey counters N.Y. gloom
(DBN)

More Americans See Themselves as "Haves" Than "Have-Nots"
(DBN)

Europe has a lesson for the US on jobs
(DBN)

Telecommuting for Work Climbs to 37%
(DBN)

Millennials are trying to avoid debt at all costs
(DBN)

US Debt Clock
(DBN

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

Existing Home Sales Hit 8-Year High In US Market; First-Time Buyers Squeezed Out
(DBN)

Fed's Williams: Rate hikes impact home prices
(DBN)

Mortgage rates barely nudge, stay below 4%
(DBN)

Bidding wars hold back first-time home buyers
(DBN)

Bank of NY Mellon sued for over $2B in soured mortgages
(DBN)

Once-secret brief filed by federal prosecutors details scheme to defraud Vegas HOAs
(DBN)

US Home Sales Soar in July to Fastest Pace Since Early 2007
(DBN)

Is Detroit really the hottest housing market right now?
(DBN)

California cool: Home sales drop 4% despite price plateau
(DBN)

Ocwen partners with housing advocates to help troubled owners
(DBN)

Second Circuit Holds Servicing Transfer Notice Not Exempt from FDCPA
(DBN)

Fannie Mae finds familiar buyer for second non-performing loan sale
(DBN)

____________

Municipalities:

Bankruptcy Solution May Leave Puerto Rico Marooned
(DBN)

Kentucky Town Becomes First to File for Bankruptcy Since Detroit
(DBN)

Municipal Debt Crisis Returns to Haunt US
(DBN)

____________

Television:

The American television business is now 'structurally impaired'
(DBN)

____________

Celebs:

No one wants "Real Housewives" stars’ $100 home at auction
(DBN)

____________

Politics:

Trump: Low US Wages Not a Bad Thing Trump Says Clinton E-Mail Issue ‘Incompetence or Criminal’ Trump Says U.S. Tax Code ‘Too Complicated’ Trump to Pope Francis: 'ISIS wants to get you' Donald Trump Bests Jeb Bush in New Hampshire Town Hall Duel Trump Vows to See If ‘Anchor Babies’ Constitutionally Protected Trump as Commander in Chief? Tune in for a Foreign Policy Reality Show Flamboyant Trump evolved into cautious businessman Trump Bashes $4 Billion In IRS Refunds To Illegals Trump Slams H-1B Visas, but...... Two men who attacked a homeless Latino man said they were inspired by Donald Trump Mark Zuckerberg just called out Donald Trump Meet The Trumps: A guide to the GOP front-runner's powerful, far-reaching family
(DBN)

Here's who has the best chance at being our next president
(DBN)

Time magazine has a reality check for America
(DBN)

U.S. Said to Probe How Classified Data Got on Hillary Clinton’s Server
(DBN)

Rubio: overhaul of US tax code would benefit cities like Detroit
(DBN)

H-P's only true growth is a Carly Fiorina legacy
(DBN)

Poll: Post-Debate, Images of Fiorina, Carson and Kasich Improve
(DBN)

GOP Official: I Joined Ashley Madison for Opposition Research
(DBN)

____________

Student Debt:

Loan relief eyed for students hurt by Corinthian Colleges bankruptcy
(DBN)

____________

Oil/Gas:

U.S. Oil Could Return to 2008 Low of $32 in Citigroup View Likelihood of Oil in the $30s Increases Fresh Sell Off For Oil. Bear Market Here To Stay? Supply, Demand Equilibrium Further Away Than Ever Before 5 reasons oil is sliding toward $40 a barrel Feels like 1986: Oil on track for longest weekly losing streak in 29
(DBN)

Oil falls after weak Chinese factory data
(DBN)

Why Oil Still Has a Long Way to Fall
(DBN)

5 Things to Know About Cheap Oil
(DBN)

Refinery Outages Add Pressure on Oil as Worsening Glut Looms
(DBN)

US crude's break-even cost: How low can it go?
(DBN)

The Oil Patch Mess: How Did We Get Here?
(DBN)

Miller Energy reaches tentative deal on SEC charges
(DBN)

Oil and gas listings on job websites fell by half after industry cutbacks
(DBN)

Saudi stocks bear market as oil slides on supply glut
(DBN)

____________

Ethanol:

Repeal the Ethanol Mandate
(DBN)

____________

Movies:

Relativity Hits the Auction Block: Who'll Bid on the Wreckage?
(DBN)

____________

Food/Beverage:

Starbucks is transforming coffee shops into bars
(DBN)

____________

Gambling:

Caesars examiner probe expanded to include 2008 LBO
(DBN)

Caesars Junior Creditors Seek Stake in Parent Company
(DBN)

____________

Paper:

Verso expected to lay off 300 employees at Jay mill
(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 (11 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (42 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)

______________

Exit Strategy:

Structured dismissals are a new bankruptcy exit trend
(DBN)

____________

Avoidance Actions:

Tenth Circuit Insulates First-Time Transaction from Preference Attack
(DBN)

____________

Discharge:

Eleventh Circuit Holds Filing Proof of Claim on Previously Discharged Debt Violates Discharge Injunction
(DBN)

____________

Bankruptcy Prediction:

Bankruptcy in Groups
(DBN)

____________

Sales:

Confidentiality Issues Arising Under Section 363 of the Bankruptcy Code
(DBN)

____________

Make-Whole:

Chesapeake Remand Decision Sets Damages at Make-Whole Price and Offers Food for Thought on Bankruptcy Litigation Strategy
(DBN)

____________

Exemptions:

Texas family personal property exemption to increase to $100,000
(DBN)

____________

Resorts:

Rosewood Files Motion To Terminate Baha Mar License Rosewood Hotels wants out of Baha Mar
(DBN)

____________

Fraud:

MF Global creditors will get almost all their money back
(DBN)

Cal Poly to pay $480,000 to rid Moriarty’s name from scoreboard
(DBN)

Judge orders billionaire Rennert, holding company to pay back $213 mln
(DBN)

____________

Personal Finance:

Signs you're financially unstable
(DBN)

____________

EU:

European stocks plunge on China, Greece worries
(DBN)

The eurozone PMI just beat analyst expectations for August
(DBN)

____________

PIIGS:

Greek bank bonds: brace yourself for bail-in Greek PM to resign, seek snap election in September Factbox: Greek constitution on snap elections Merkel Dubbed Cowardly on Greece by Biggest German Daily Greek Bonds Fall With Italy’s as Tsipras Said to Plan Elections Syriza rebels form new anti-austerity party in Greece Poll: Greeks See Germany as Country’s Biggest Threat Germans begin the looting of Greece
(DBN)

____________

Canada:

Post-secondary students seek bankruptcy advice
(DBN)

First Nickel goes into receivership
(DBN)

McCaffrey Haute Couture bankruptcy sale attracts hundreds to find discount dresses
(DBN)

____________

Germany:

German consumer sentiment set to fall in September
(DBN)

____________

China:

China's manufacturing data is utterly terrifying
(DBN)

Xi's big plan may be backfiring
(DBN)

Barclays: China's currency will plunge another 10%
(DBN)

____________

Finland:

Santa Claus files for bankruptcy in Finland Finland's Economic Plight Worsens, Santa Office Faces Bankruptcy
(DBN)

____________

Russia:

Banning Brie and bulldozing geese
(DBN)

Russia Hones Rescues for Cash-Strapped Firms Too Big to Fail
(DBN)

____________

South Africa:

Administrators for Glencore South African coal unit suspend supply deal with Eskom Glencore’s Legal Dispute in S. Africa Over 8-Cent Coal Deepens
(DBN)

____________

Latin America:

China and oil are hurting Latin America
(DBN)

____________

MENA:

ISIS Beheads Leading Archaeologist Who Reportedly Helped Hide Artifacts And Refused To Reveal Their Location
(DBN)

____________

Brazil:

Brazil Has Yet Another Big Mess on Its Hands After State Default
(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