August 26, 2015

The Daily Bankruptcy News

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Law:

Attorneys Spar Over Cause of Dewey & LeBoeuf's Demise
(DBN)

Too Many Law Students, Too Few Legal Jobs
(DBN)

Ford GC warns against diluting law firm brands through expansion plans
(DBN)

Do Law Schools Have it Too Easy?
(DBN)

LeClairRyan Opens Location in Wilmington With Bankruptcy Partner
(DBN)

Who Do I Sell To? Selling Legal Services is a New Ball Game
(DBN)

London pay bonanza - three firms boost junior wedge by as much as 9%
(DBN)

Contract lawyers go global
(DBN)

I Have AFA Discussions ‘Every Day’ Says Fox Rothschild MP
(DBN)

Beyond Biglaw: Interviewing For A Summer Associate Position
(DBN)

Why Lack Of Diversity Isn’t Biglaw’s Fault
(DBN)

Clients on Yelp Give Lawyers an Earful
(DBN)

Best Summer Associate Event Contest (2015): The Winner!
(DBN)

You Are Not Your Job
(DBN)

Lawyers Work Too Damn Much
(DBN)

Law Firms, Outsourcing & Cost-Efficiency - Think Philippines, Not India
(DBN)

Lawyer in federal perjury case takes stand, insists he didn’t coach witnesses to lie
(DBN)

US M&A revival poised to continue
(DBN)

Game Of Loans: Why Are Law Schools Winning?
(DBN)

To Win Clients, Mintz Levin Partner Hits the Waves
(DBN)

Law Firm Is Destroyed After Bus Crashes Into Building
(DBN)

5 Outside-the-Box Ways to Combat Work Stress
(DBN)

21 ways to leave a never-ending conversation without being rude
(DBN)

A former FBI agent reveals 7 ways your body betrays you when you're nervous
(DBN)

Pennsylvania's Attorney General Is Ordered to Stand Trial Penn Attorney General Dupes The Press
(DBN)

62% of Texas GOP Wants AG Paxton to Resign
(DBN)

A former HP executive assistant charged her $100,000 spa vacation to the company ... and will go to prison
(DBN)

Ferguson Cancels Thousands of Arrest Warrants
(DBN)

Court: Second Amendment Also Covers Those in US Illegally
(DBN)

Ashley Madison Lawsuits Pile Up There were only 3 ZIP codes in America without any Ashley Madison accounts
(DBN)

Anti-Semite Accused of 3 Murders Asks Kansas Jury to Be Patriots
(DBN)

Alabama Officer Shoots And Kills Man Wielding A Large Spoon
(DBN)

Federal judge orders lawyer who leaked docs to media to take ethics classes, do community service
(DBN)

Attorney Caught in Wiretapping Scandal Loses Appeal
(DBN)

Tax Lawyer's Fraudulent Inducement Claim Against Alvarez & Marsal Proceeds
(DBN)

Bride is arrested after her lawyer husband, 51, is found stabbed to death in their home just weeks after returning from their Vegas honeymoon
(DBN)

Woman Who Can't Spell Allegedly Keyed Her Friend's Car
(DBN)

Fact Check: Trump - "Many of the great scholars say that anchor babies are not covered" by the 14th Amendment.
(DBN)

Spotlight's on Tom Girardi's 'Real Housewife'
(DBN)

Train death lawyer was tortured by guilt she was not a good mother
(DBN)

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Wall Street:

Stock futures climb as China tries fresh stimulus
(DBN)

World shares sag as China jitters persist
(DBN)

Wall Street posts biggest rally of the year . . . but U.S. stocks turn sharply negative in final minutes Vicious selloff Stocks Give It All Back Dow drops 200 in biggest reversal since 2008
(DBN)

Wilbur Ross: Correction is in the 6th inning
(DBN)

You know it's bad when NYSE invokes Rule 48—twice
(DBN)

The stock market roller coaster is not being felt by most Americans for one simple reason
(DBN)

Awakening to Fed-Less Future, S&P 500 Slides Into Correction
(DBN)

These charts show how white and male Wall Street really is
(DBN)

Traders have literally no idea whether this is a financial crisis or not
(DBN)

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Layoffs:

Boeing to Lay Off Hundreds of Workers at Satellite Business - Prompted in part by stalled reauthorization of U.S. Export-Import Bank
(DBN)

Psychologists say something scary happens when you're unemployed for a while
(DBN)

Caterpillar announces another round of 450 layoffs
(DBN)

249 More Layoffs For Intuit
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Compensation:

These CEOs earn more than 200 times their workers
(DBN)

CEOs who earn at least 500x what their median employee makes
(DBN)

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Coal:

Giant Coal Company Bankruptcy Reveals Secret Ties to Climate Denial, GOP Dark Money Groups
(DBN)

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Food/Beverage:

Bankruptcy Judge Sets Sept 25 Auction for Z’Tejas Restaurants
(DBN)

McDonald's turnaround strategy has one major flaw
(DBN)

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Pensions:

Plaintiffs’ Lawyer Takes On Retirement Plans
(DBN)

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Fraud:

TelexFree principal criticizes Galvin settlement in alleged $1b fraud
(DBN)

Former JPMorgan analyst charged with leaking inside info on tech deals to friends
(DBN)

Alleged Schemer Wins Request For Victim Tax Returns; Government Objects
(DBN)

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Education:

These Former "Students" Say Trump University Was a Scam
(DBN)

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Celebs:

50 Cent mocks P Diddy as he compares him to a 'homeless man' in bizarre Instagram snap
(DBN)

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Economy:

New home sales rise; consumer confidence at seven-month high
(DBN)

Wage inflation looks like it's about to pick up
(DBN)

Fed will ease, not tighten: Bridgewater's Dalio October Fed Rate Increase Is Suddenly on Some Investors’ Radar A lot of analysts are saying the Fed will chicken out in September Much of Wall St still believes in Sept rate hike Five Fed banks renew calls for discount rate hike Everyone's got it backward — the market chaos is EXACTLY why the Fed needs to pull the trigger in September What the global market turbulence means for interest rates
(DBN)

As World Markets Drop, U.S . Economic Confidence Index at -14
(DBN)

US consumer confidence shows sharp rebound in August
(DBN)

CBO cuts budget deficit estimate by $60 billion
(DBN)

It usually takes a recession to bring down the stock market
(DBN)

One third of millennials now say they’re less than 100% straight
(DBN)

Joe Stiglitz Knows How to Solve Inequality, if Anyone Will Listen
(DBN)

US Debt Clock
(DBN

Economic Indicators Dashboard
(DBN)

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Real Estate:

Debtor Does Not Get a Free House After All
(DBN)

Why a 2009-style real estate meltdown is unlikely
(DBN)

MBA: Mortgage Applications Increase Slightly in Latest Weekly Survey, Purchase Index up 18% YoY
(DBN)

New Home Sales increased to 507,000 Annual Rate in July
(DBN)

Case-Shiller: National House Price Index increased 4.5% year-over-year in June
(DBN)

California pending home sales post strongest increase in six years
(DBN)

Here's the salary you have to earn to buy a home in 17 major US cities
(DBN)

Housing demand cools for 4th month straight
(DBN)

Mile High home prices -- city-by-city look
(DBN)

MBA: Housing demand to surge over next 10 years
(DBN)

America's 20 most expensive cities for renters
(DBN)

Why These Cheap Central Park Apartments Are Too Good to Be True
(DBN)

Judge may rule next month on Beach Club's insurance proceeds
(DBN)

Americans vs. Reality: Why Your Home is Not a Good Investment
(DBN)

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Municipalities:

Current, Former CPS Officials Dismiss Talk Of Possible Bankruptcy
(DBN)

Puerto Rico Delays Bond Sale
(DBN)

Puerto Rico power company drops Petrobras in new deal Puerto Rico utility PREPA negotiates two new supply contracts
(DBN)

IL: Bankruptcy proposal heard Bankruptcy for cities draws debate
(DBN)

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Awards:

Bankruptcy Partner Natasha Songonuga Named Among Profiles In Diversity Journal’s “Women Worth Watching”
(DBN)

Berger Singerman Partner Christopher Andrew Jarvinen Becomes a Fellow of the American Bar Foundation
(DBN)

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Oil/Gas:

Oil prices waver, but stay above $39 a barrel
(DBN)

Bad oil-and-gas loans soar as BMO profit tops estimates
(DBN)

For Oil Producers Cash Is King, and That's Why They Just Can't Stop Drilling
(DBN)

Oil companies cheaper to buy than assets after rout, Exxon partner says
(DBN)

The worry list of energy names
(DBN)

Iran says will reclaim full oil market share post-sanctions Iran's Oil Investments Shrink to `Almost Nothing' on Crude Slump
(DBN)

Oil Investors Betting on Payout Cuts Ignore Years of History
(DBN)

Oil plunge has gone too far, Morgan Stanley says
(DBN)

Oil is falling, but Eagle Ford, Bakken output on the rise
(DBN)

From Venezuela to Iraq to Russia, Oil Price Drops Raise Fears of Unrest
(DBN)

Without Saudi support, talk of OPEC emergency meeting is just noise Oil crash puts pressure on Saudis to curb production OPEC's $900 Billion Mistake
(DBN)

Oil expert: 'hard times' ahead for producers
(DBN)

Lessons from the oil market's "lost decade"
(DBN)

Hercules Offshore Restructuring Support Agreement Approved
(DBN)

Broken BP Refinery Unit Reopens, Falling Gas Prices Should Drop Even More Refinery fix to drop gas prices by 20-50 cents
(DBN)

Transocean shares sink as board seeks dividend suspension Transocean to Drop Investor Payout as Cheap Oil Saps Demand
(DBN)

Cobalt’s CFO resigns
(DBN)

GE Cuts 250 Jobs, Closes Foundry at Lufkin Unit - Slide in oil prices has led to a drop-off in demand for the drilling equipment
(DBN)

Oil is the biggest investing opportunity: Strategist
(DBN)

____________

Politics:

Donald Trump thinks the rich should pay more in taxes than everyone else Donald Trump is back to bashing Megyn Kelly Fox News goes to war with Donald Trump Trump Burning Bridges with Fox News Hispanics Frown on Trump, but Not Rest of GOP Field Donald Trump's favorability with Hispanics Donald Trump supporters are 'mad as hell,' and it's why they're so heavily drawn to Trump Donald Trump is blowing everyone else out of the water in 2 key states Woman sees Donald Trump in her tub of butter Donald Trump Laps Rivals in South Carolina Poll, Mocks Lindsey Graham ‘Nothing Disqualifies Trump’ Among Virginia Focus Group Participants Donald Trump is constantly repeating this Jeb Bush zinger Just Build Trump's Stupid Wall Everything's coming up Trump: How chaos is feeding the beast that is Trump 2016 Why people who voted for Obama twice are suddenly in love with Donald Trump Pollster’s Legs Wobble After Fawning Donald Trump Focus Group Trump has until Sept. 30 in SC to rule out third-party run State GOP leaders plot to tie Donald Trumps hands
(DBN)

GOP rival: Donald Trump is getting his support from the 25% of my party that thinks Obama is Muslim
(DBN)

Jeb Bush pours fat on the ‘anchor babies’ fire
(DBN)

Run, Joe, Run. But You'll Have To Do It Without Elizabeth Warren. Joe Biden, Elizabeth Warren have a frosty past A Biden-Warren ticket could transform the 2016 election
(DBN)

Fact check: Hillary Clinton says Donald Trump and Jeb Bush are the same on immigration Why it might be good for Hillary Clinton if Joe Biden runs
(DBN)

Scott Walker’s nonsensical China statement reveals one of his biggest weaknesses
(DBN)

Democratic candidates want the rich to pay for fatter Social Security checks
(DBN)

How more stock market chaos could rock the presidential campaign
(DBN)

____________

 


New Bankruptcy Opinions
(4 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (18 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)

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Miscellaneous:

Bankruptcy in the Americas
(DBN)

Lookback Period: Eight Weeks
(DBN)

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Mootness:

Hedge Fund Appeal Denied in Tribune Media Bankruptcy Case
(DBN)

Third Circuit Again Reviews Equitable Mootness Doctrine for Bankruptcy Appeals
(DBN)

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Avoidance Actions:

Trustee Fails to Prove Debtor's Insolvency
(DBN)

____________

Debt Collection:

6th Circuit Holds That FDCPA Protects Corporations
(DBN)

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Insurance:

California Supreme Court Gets it Right in Fluor Corp.: Insurers Barred From Refusing Coverage Based on Policyholders’ Assignment of Rights Under Policies After Loss Has Occurred, Thereby Reversing Prior Henkel Decision
(DBN)

____________

Religion:

Federal Bankruptcy Court Orders Haredim To Withdraw Beit Din Proceeding, Rules Beit Din's Actions Void From The Moment They Were Taken
(DBN)

Milwaukee Catholic Archdiocese files bankruptcy plan
(DBN)

Some victims say archdiocese's plan doesn't go far enough
(DBN)

Victim group seeks independent review of clergy abuse claims
(DBN)

____________

Retailing:

American Apparel Said to Seek Advisers for Bankruptcy Deal Talks
(DBN)

USA Discounters Seeks Bankruptcy Protection Company That Sued Soldiers Closes Its Stores
(DBN)

____________

Gambling:

Union: 'Last chance' for Icahn to avoid strike at Taj Mahal casino
(DBN)

____________

Movies:

Relativity Media Allowed to Auction Off Assets in Bankruptcy Judge clears path for sale of troubled film studio What's Next for Relativity Media
(DBN)

RKA Film Financing Withdraws Objections To Relativity Bankruptcy ‘We Need to Get on With Business’
(DBN)

Relativity Bankruptcy Judge Rejects Biggest Objection to Studio Sale
(DBN)

Relativity Wants Money to Keep Key Staffers Relativity Bankruptcy Judge Approves Payments to Guilds, Key Vendors
(DBN)

____________

Healthcare:

Spectrum Analytical 'saved' with $5 million sale to Belgian company
(DBN)

Commissioners look at ending services for Children's Hospital County Commissioners ask UMC to show them a budget that doesn't subsidize El Paso Children's
(DBN)

____________

Electricity:

Judge looks to end Energy Future bankruptcy
(DBN)

Energy Future Holdings bankruptcy could end if judge approves Hunt Consolidated plan to buy Oncor
(DBN)

Judge cites statute of limitations in tossing much of feds' suit against Luminant
(DBN)

____________

Resorts:

China: Baha Mar No ‘People’s Champion’
(DBN)

____________

Asset Protection:

Asset Recovery 2015: Trends
(DBN)

Asset Recovery 2015: Leading Practitioners
(DBN)

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Distressed Investing:

Danger Signs That Made Fund Exit 25% of Assets Are Flashing
(DBN)

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UK:

Kaplan Law School to close
(DBN)

Sugababes star Jade Ewen declared bankrupt
(DBN)

____________

PIIGS:

Italian Bankruptcy Law Reform Emphasizes Flexibility for Borrowers, Active Role for Creditors
(DBN)

____________

China:

PBOC to inject 140 billion yuan
(DBN)

China's rate cut failed to stop stocks from getting hammered again
(DBN)

Goldman Sachs: Now is the time to buy Chinese stocks
(DBN)

Has China’s economic miracle already peaked?
(DBN)

China triggers one of history’s largest spikes in volatility
(DBN)

China: Nobody understands us
(DBN)

China's stock market crash, explained
(DBN)

Who loses most from chaos in China — and some possible silver linings
(DBN)

Q&A: Why the Chinese slowdown everybody knew was coming is causing a freak-out
(DBN)

China Falls Back on Rate-Cut Lever to Stem Stock Market Rout
(DBN)

China Ghost Town Points to Shifting Fortunes
(DBN)

____________

South Africa:

S.Africa's Eskom wants compensation if Glencore can't supply coal
(DBN)

____________

India:

The job market in India is so bad that the government received 75,000 applications for 30 low level jobs
(DBN)

____________

Ukraine:

Ukraine's PrivatBank restructuring gets investor nod
(DBN)

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