February 11, 2015

The Daily Bankruptcy News

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Law:

Associate Bonus Watch: Akin Gump
(DBN)

Sheppard Mullin Names New Bankruptcy Partner
(DBN)

Fox Adds Bankruptcy Partner in New York
(DBN)

What Losing at Bankruptcy Law Taught Me About the Benefits of Strategic Partnerships
(DBN)

Some associates will earn less as gap widens between rich and super-rich law firms, columnist says
(DBN)

St. Louis: Bankruptcy Lawyer Willard leaves Carmody law firm, deciding what’s next
(DBN)

Beyond Biglaw: 3 Essential Junior Associate Qualities
(DBN)

Lawyerly Lairs: A Disgraced Dean’s Abandoned Abode
(DBN)

Law School Is Just Like High School — But Worse
(DBN)

Inside Out – From Firm To In-House
(DBN)

Apple CEO Cook: ‘Sitting is the new cancer’
(DBN)

Legal Aid Strike Offers Window Into NY Public Interest Compensation
(DBN)

Apple’s iPad Brainwashing Spell Seems To Be Wearing Off
(DBN)

Lost case was alleged motive for ex-prosecutor who pleaded guilty to soliciting murder of lawyer
(DBN)

Federal prosecutor’s ex-wife charged with attempted murder
(DBN)

He’s a lawyer, he’s a financial analyst. No, he’s stock photo man!
(DBN)

Lawyer suspended for hiring disbarred lawyer who used assumed name in client meetings
(DBN)

Former attorney and radio host gets nearly 6 years in $2.3M client-theft case
(DBN)

Lawyer pleads guilty in law firm embezzlement
(DBN)

Eric Holder comments on his avian nickname
(DBN)

Lawyer Botches $2 Fee, Loses $2.5 Million Lawsuit --- Top state court nixes $2.5M personal injury suit because filing fee was $2 short
(DBN)

Police: Self Defense? Shot Kid 16 Times
(DBN)

Alabama's constitutional crisis over same-sex marriage, explained --- Is There a Message Behind Supreme Court’s Gay Marriage Move in Alabama?
(DBN)

12 Things Every Lawyer Should Learn From Saul Goodman
(DBN)

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Judges:

This video of Ruth Bader Ginsburg talking about feminism is even better than you hoped
(DBN)

How To Get a Mediator Appointed in a Bankruptcy Case (Hint: In Some Courts, It’s Easier If She Wasn’t a Bankruptcy Judge)
(DBN)

SCOTUSblog can’t get Supreme Court press credentials under new policy; what about Denniston?
(DBN)

Judicial Council of the Second Circuit Announcement for Bankruptcy Judgeship
(DBN)

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Wall Street:

U.S. Index Futures Little Changed Before Greece Creditor Meeting
(DBN)

Stocks close higher despite Greece; Dow up triple digits
(DBN)

Another murder-suicide hits JPMorgan
(DBN)

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Layoffs:

Halliburton to Fire Up to 6,400 Workers
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Disruption:

We're setting the job market back 200 years
(DBN)

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Retailing:

RadioShack gets $10 million interim bankruptcy loan
(DBN)

Why Sprint and Radio Shack Are Shacking Up
(DBN)

Radio Shack Demise Sends Beacon For Beacon Brands
(DBN)

RadioShack Creditors Said to Include Harbinger’s Insurer F&G
(DBN)

Will RadioShack Corporation Store Deal Be A Game Changer
(DBN)

RadioShack to Accept Gift Cards Until Early March
(DBN)

Lessons from RadioShack: To Stay on Top, Figure Out What Got You There
(DBN)

What Does RadioShack's Bankruptcy Mean for Creditors & Shareholders?
(DBN)

Next RadioShack? Here Are The Most Troubled Retail Stores
(DBN)

Can J.C. Penney and Sears avoid RadioShack's fate?
(DBN)

Best Buy's secret advantage: Competitors like RadioShack keep dying
(DBN)

Haunting photos of a deserted mall
(DBN)

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Autos:

Bailout Architect Presses GM --- GM Bailout Veteran Seeks Spot on Board --- Harry Wilson Would Be ‘Very Very Valuable,’ Former GM Product Chief Says --- Investor hired last year by RadioShack to seek GM board seat
(DBN)

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Turnarounds:

Anatomy of a Turnaround: YRC Worldwide
(DBN)

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Gambling:

Revel Moves to Scrap Second Casino Sale as Deadline Passes --- Revel officially asks to cancel proposed sale
(DBN)

This casino just can't be bought --- Atlantic City's Revel Hotel & Casino Sale Falls Apart for the Second Time --- Will anyone buy Atlantic City's former Revel casino?
(DBN)

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Environmental:

Water company wants in on Freedom class action
(DBN)

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Celebs:

Strauss Kahn Trial: They Were H-----s?
(DBN)

80% of NFL Players Broke 3 Years After Leaving
(DBN)

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Agriculture:

Farmers' Profit Is Expected to Decline 32% in 2015
(DBN)

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Healthcare:

Blowing the Whistle on Bankrupt Relators
(DBN)

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Pharma:

Valeant $400M offer only qualified bid for insolvent U.S. cancer vaccine maker
(DBN)

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Economy:

Job Openings in U.S. Rose in December to Highest Since 2001
(DBN)

The Missing Wage Jolt --- Millennial wage gains: Too little, too late?
(DBN)

How growing income inequality is hurting Social Security
(DBN)

Food Stamp Use Finally Falling in America
(DBN)

2 voting Fed members see rate hikes looming --- Fed’s Lacker Says June ‘Attractive Option’ for Raising Rates
(DBN)

Richmond Fed’s Lacker: Skills Gap Contributes to Widening U.S. Inequality
(DBN)

Sen. Warren Opposes “Audit the Fed” Bill
(DBN)

Clueless in Kentucky: Rand Paul’s ideas about the Fed make absolutely no sense --- ‘Audit the Fed’ likely not what you’d imagine
(DBN)

News Coverage of Global Economy Turns Negative
(DBN)

Finance chiefs vow action to bolster growth at G20 meet --- G-20 pledges monetary, fiscal action if needed
(DBN)

US wholesale stockpiles record smallest gain in 17 months --- Weak US wholesale stocks point to cut in Q4 growth estimate --- U.S. Economic Growth Estimates for the Fourth Quarter Are Dropping After A Strong Six-Month Stretch
(DBN)

Home Depot Goes on Hiring Binge Looking for 80k Workers
(DBN)

Giving housing to the homeless is three times cheaper than leaving them on the streets
(DBN)

US Corporations Aren't Fleeing High Taxes
(DBN)

Map: When morning rush hour hits America
(DBN)

US Debt Clock
(DBN

Economic Indicators Dashboard
(DBN)

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Real Estate:

CFPB takes action against NewDay Financial
(DBN)

MBA: Mortgage Applications Decrease in Latest MBA Weekly Survey
(DBN)

FNC: Residential Property Values increased 5.0% year-over-year in December
(DBN)

Las Vegas Real Estate in January: Sales Decline, Non-contingent Inventory up 13% YoY
(DBN)

Trulia: Asking House Prices up 7.5% year-over-year in January
(DBN)

Construction Costs Are Rising as Economy Improves
(DBN)

Keen-Summit Capital Partners Retained by Bankruptcy Trustee to Auction Medical Office Building Portfolio in Charlotte, NC
(DBN)

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Municipalities:

Another failed Revel sale typifies Atlantic City's woes
(DBN)

Puerto Rico: Beware buyer
(DBN)

Puerto Rico Municipal Restructurings: Back to The Negotiating Table
(DBN)

Puerto Rico hurtles toward financial catastrophe
(DBN)

Treasure Island: Puerto Rico Bids To Become New Age Tax Haven
(DBN)

Puerto Rico yields at record high as setbacks mount
(DBN)

Puerto Rico governor seeks new value-added tax
(DBN)

Duggan: 'Detroit is now on the road to recovery' --- On track for first balanced budget in 13 years --- Duggan can save Detroit, but not if people leave
(DBN)

Kansas Weighs Risky Bet to Cover Its Pension Needs
(DBN)

More State Takeovers of Public Schools Possible
(DBN)

PA: 562 municipalities administer pension plans that are ýdistressedý and underfunded by at least $7.7 billion
(DBN)

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Oil/Gas:

Weds. A.M.: Oil slips below $56 on expectations oversupply to linger
(DBN)

Tues. P.M.: Crude falls as IEA says US shale oil output fall to be limited --- US oil output "party" to last to 2020-IEA --- Oil Prices Drop 5%, Extending Losses --- Biggest Oil Trader: Prices Could Dive Again --- Oil at $55 is Here to Stay
(DBN)

Low oil price won't spur global growth: Moody's
(DBN)

US Gulf Coast Oil Imports Down
(DBN)

Top oil analyst: The worst is yet to come
(DBN)

Falling Oil Prices Threaten Houston Building Boom
(DBN)

How much oil does the US have? It depends on who's counting.
(DBN)

Halliburton Cutting Jobs Due to ‘Challenging Environment’
(DBN)

Endeavour seeks time to rework reorg plan in wake of oil price declines
(DBN)

Tullow Oil scraps dividend after first loss in 15 years
(DBN)

Drilling Slows Down --- Why rig cuts won't save oil : Goldman
(DBN)

Oil market will 'never be the same': IEA chief
(DBN)

Oil layoffs could come back to haunt the industry
(DBN)

Top energy watchdog: Russia will be the big loser
(DBN)

Don’t Look to the Market for a Consensus on Oil Prices
(DBN)

Global Geophysical nets reorganization plan confirmation --- Global Geophysical Services emerges from bankruptcy
(DBN)

Oil Price Decline Now Threatens US Banks
(DBN)

Williston ND: Now We're Frightened
(DBN)

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Awards:

Young Conaway Partner to Be Inducted as ACB Fellow
(DBN)

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Consultants:

Ronald R. Sussman and Michael Epstein Lead Asset Recovery & Cost Saving Programs at FRS
(DBN)

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Personal Finance:

This policy is the key to getting dads to do their share of the housework
(DBN)

Your lifetime earnings are probably determined in your 20s
(DBN)

How Gas Station Attendant Built Fortune
(DBN)

5 truly awful Valentine’s Day gifts
(DBN)

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Food/Beverage:

Operations at SoCal HPP Juice Co-Packer Said to be Unaffected by Bankruptcy | BevNET.com

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Investigations:

Altegrity Clears Initial Bankruptcy Hearing
(DBN)

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Coporate Reform:

Senators Warn Wall Street: No Free Ride on Small-Bank Bills
(DBN)

Goldman head Blankfein to banks: Stop whining about regulations
(DBN)

Thiel Never Met a Regulation He Didn't Hate
(DBN)

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Fraud:

Billionaire Rennert Deny MagCorp Dividends Funded Hampton’s Meg-Mansion
(DBN)

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Toll Roads:

2 counties continuing effort to lease Indiana Toll Road
(DBN)

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New Bankruptcy Opinions
(0 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (17 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (6 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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Bankruptcy Statistics:

Bankruptcy Filings Continue Five-Year Downward Trend in January
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

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UCC:

UCC Lien Termination Error May Result in Huge Loss for Lender
(DBN)

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Jurisdiction:

Losing at Dodge Ball: Understanding the Supreme Court’s Implied Authorization of Consent in Executive Benefits Insurance Agancy v. Arkinson and Why Revision of 28 U.S.C. § 157(b) Is Critical for Clarity
(DBN)

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Avoidance Actions:

Preference Actions filed in CPI, Corp.
(DBN)

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Professional Compensation:

Attorney Fees: Following Local Law Can Mean the Difference Between Collecting or Not
(DBN)

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Bankruptcy Bonuses:

RadioShack Proposes Up to $3 Million in Bankruptcy Bonuses
(DBN)

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TBTF:

Republicans eye bill to limit U.S. rescues of failing banks
(DBN)

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Shipping:

Rebound In Dry Shipping Rates Not Likely In The Near Future
(DBN)

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Lehman:

Bundesbank gets money back from Lehman collapse
(DBN)

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Receiverships:

An Analysis of Ohio's Amended Receivership Law
(DBN)

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Electricty:

Energy Future to Float New Chapter 11 Restructuring Proposal
(DBN)

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Aviation:

American or Southwest — who’s right about fuel prices?
(DBN)

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Golf:

Exclusive Charleston golf club bankrupt, seeks to be sold
(DBN)

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Politics:

Fact Check: Ted Cruz - "92 million Americans aren't working."
(DBN)

Confessions of a Congressman: 9 Secrets from the Inside
(DBN)

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Tax:

Top 7 Nations for Dodging Taxes
(DBN)

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Sovereigns:

Argentina: 'Neither the President, nor the Economy Minister will pay vultures what they ask' --- Argentina Won't Meet 'Obstinate' Holdout Demands, Kicillof Says
(DBN)

Holdouts say there are no negotiations with gov't
(DBN)

US holders of defaulted Argentine bonds step up campaign for full repayment of loans
(DBN)

Greece and Argentina , Similar But Not the Same
(DBN)

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UK:

 Restructuring & Corporate Recovery Update - February 2015
(DBN)

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EU:

Robert Tchenguiz to invoke European human rights law to protect assets
(DBN)

Geithner: Europe in Worse Shape than Japan
(DBN)

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PIIGS:

Greece is facing a day of reckoning
(DBN)

EU's Juncker steps up contacts with Greece, scant progress so far --- Germany lowers hopes of reaching deal on Greek bailout soon --- No plan for Greece ready, Athens must extend bailout by Feb 16-Moscovici --- Investors Hold Fire Ahead of Greece Talks
(DBN)

Greece Says "No Way Back" In Bid To Rewrite Bailout Deal
(DBN)

Grexit Supported By 1 In 2 Germans
(DBN)

Greece is trying to recover $2.8 billion through a ruthless crackdown on tax evasion
(DBN)

What a Greek exit would mean for U.S. stocks
(DBN)

Greek banks solvent at the moment, ECB's Jazbec says
(DBN)

Germany kills hope of quick Greek accord
(DBN)

Protect Yourself (and Make Money) From a Greek Exit
(DBN)

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Canada:

Waste-to-energy pioneer Plasco enters bankruptcy protection
(DBN)

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Australia:

Can an adjudication determination be enforced by an insolvent company?
(DBN)

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India:

Bankruptcy panel report seeks changes in Cos Act
(DBN)

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Ukraine:

Ukraine asked Russia to restructure debt
(DBN)

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Turkey:

Why Did Turkey Seize Bank Asya?
(DBN)

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MENA:

Arcapita and the Need for Mideast Restructuring Regimes
(DBN)

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Russia:

S&P Downgrades Russia Debt to Junk
(DBN)

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