February 12, 2015

The Daily Bankruptcy News

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3-Column Formating

 

Law:

A million dollars a year is no longer enough
(DBN)

Inequality: Partnership pay gap increases
(DBN)

Arent Fox Counts Another Record Year, But Stays Comfortable in Size
(DBN)

Lawyers see big pay growth after first 10 years of career, a new report shows
(DBN)

UBS predicts difficult litigation environment for banking sector
(DBN)

How one man dropped out of law school and built a business that earns him as much as $40,000 a month
(DBN)

Clifford Chance: A lockstep out of time
(DBN)

Mayer Brown boosts revenue by 7 per cent to $1.2bn in 2014
(DBN)

Cooley’s revenue rocketed by 19 per cent to $802m in 2014
(DBN)

Sidley Austin financial results show 9.5 per cent growth in year-end revenue
(DBN)

Bank stamps out hourly billing
(DBN)

Donations to inmate prison accounts yield reprimand for West Virginia lawyer
(DBN)

Biglaw Associate Stabbed To Death In D.C. Hotel Room
(DBN)

Kennedy, Ginsburg Clerks Join Boies Schiller | Legal Times
(DBN)

Law Student Loses His Mind In Nasty Note, Wishes Decades Of Debt Upon Classmates
(DBN)

Suit claims departing lawyers weren’t paid promised bonuses
(DBN)

Partners - The New Retirement Age Could Be 100+
(DBN)

Marketing: Wash, Rinse, And Repeat
(DBN)

The 10 best iPhone apps on sale right now
(DBN)

14 things you didn't know your iPhone headphones could do
(DBN)

12 ways women unknowingly sabotage their success
(DBN)

Science says people decide these 9 things within seconds of meeting you
(DBN)

Why Following Generic Job Search Advice Is Not Enough
(DBN)

Jeb Bush Needs A Contract Attorney
(DBN)

Bakers Who Declined Service to Same-Sex Couple Found to Violate Anti-Discrimination Law
(DBN)

Chicago team stripped of Little League World Series for faking a map and using players from other neighborhoods
(DBN)

Lawyer blamed for reversed verdict feels vindicated by appellate ruling that judge abused discretion
(DBN)

Costa Concordia captain sentenced
(DBN)

Boss builds wall of money after bankruptcy rumors
(DBN)

Police: 3 Muslim students killed over parking
(DBN)

Say What?!
(DBN)

______________

Judges:

Ex-U.S. bankruptcy judge returns to bench after more than 15 years --- Morgan Lewis Partner James L. Garrity Reappointed to Federal Bankruptcy Court --- Attorney Is Returning to Bankruptcy Bench
(DBN)

Federal Judge: The Alabama Attorney General fails in his most important duty --- Minister arrested after trying to perform same-sex marriage at probate judge’s office
(DBN)

Ruth Bader Ginsburg thinks the country is ready for gay marriage
(DBN)

______________

Wall Street:

U.S. Stock Futures Gain on Ukraine Accord as S&P 500 Nears Peak
(DBN)

U.S. Stocks End Flat
(DBN)

______________

Layoffs:

Kennametal offers buyouts to 1,000 U.S. white-collar workers
(DBN)

Barclays cuts hundreds of jobs in London and Asia
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Environmental:

Feds seek plea hearings for 2 in W.Va. chemical spill case
(DBN)

____________

Politics:

Elizabeth Warren on vaccine science
(DBN)

Cruz the Lawyer Loved Huge Jury Awards
(DBN)

____________

Gambling:

Revel sale hangs by a thread after court hearing, yelling match --- Judge denies request to extend Revel sale deadline
(DBN)

Glenn Straub’s Revel Casino deal on verge of collapse --- Straub's bid to extend deadline to buy Revel denied by judge
(DBN)

3rd round of bids, lower price possible for ex-Revel casino
(DBN)

Fincen Hits Trump Taj Mahal With Record AML Penalty --- U.S. fines bankrupt Taj $10M, but can't collect
(DBN)

____________

Agriculture:

Pot grower facing bankruptcy
(DBN)

____________

Retailing:

BRiley providing DIP financing for Wet Seal
(DBN)

How bad blood may have hurt Salus Capital in the RadioShack bankruptcy
(DBN)

RadioShack Still Has a Shot - a Long Shot
(DBN)

RadioShack's $3 million in executive retention bonuses
(DBN)

Laid-off RadioShack employees lose severance pay
(DBN)

Target lays off 550 in Twin Cities as fallout from Canadian closings
(DBN)

The Average American Mall Explained In 6 Charts
(DBN)

____________

Autos:

Now GM Has Too Much Money? It Depends On Who You Ask.
(DBN)

____________

Celebs:

Jailed ‘Real Housewife’ Teresa Giudice got a job and joined a club
(DBN)

Ex-Wife of Alexander's Heir Seeks Bankruptcy , Luxury Flat Sale
(DBN)

'Big Brother' Champ Drowning In Debt
(DBN)

____________

Aviation:

Skymark's $612 Million Airport Slots Is Route Out of Bankruptcy
(DBN)

Woman gets jail term after 'nut rage' on airline
(DBN)

United Won't Take It's $70 First Class Tickets
(DBN)

____________

Religion:

More Twin Cities clergy accused of abuse
(DBN)

____________

Economy:

Initial jobless claims have plunged
(DBN)

This is how much you need to be in the wealthiest 1%
(DBN)

Federal Reserve's Fisher to Congress: Butt out
(DBN)

The Fall And Rise Of U.S. Inequality, In 2 Graphs
(DBN)

US budget deficit running 6.2 percent higher than last year
(DBN)

Inside the inflation measure one Fed official prefers
(DBN)

What’s behind the ‘Audit the Fed’ battle
(DBN)

Stronger US growth seen in 2015; Fed to hike rates in June: Reuters poll
(DBN)

In the Trenches, Recruiters See the Skills Gap Up Close
(DBN)

A financial crisis-era economic warning sign has appeared
(DBN)

Household Formation within the “Boomerang Generation”
(DBN)

US Debt Clock
(DBN

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

Cash home sales decline for 23rd straight month
(DBN)

US foreclosure activity rises 5 percent in January, 15-month high
(DBN)

Hedge fund investor demands HLSS terminate Ocwen relationship
(DBN)

Mortgage applications drop a hefty 9% after strong January gains
(DBN)

Flagship C. Wonder leases up for grabs following company's bankruptcy filing --- A&G Realty Partners Retained by C. Wonder to Manage Sale of Store Leases and Several Office Spaces in New York City
(DBN)

Renters become majority of market as prices of rents increase, report shows
(DBN)

Arlene Farkas files for bankruptcy to save apartment
(DBN)

____________

Municipalities:

Bankruptcy Court Decides That The Bankruptcy Code Preempts California State Pension Laws
(DBN)

Fitch: Execution Risk the Near Term Concern for Puerto Rico; Court Ruling Less Significant
(DBN)

Puerto Rico's Municipalities
(DBN)

Puerto Rico Recovery Act Ruling Reaffirms Creditor Expectations
(DBN)

Puerto Rico’s controversial proposal would fine the parents of obese children
(DBN)

Stockton bankruptcy judge's pension warning must be heeded
(DBN)

Eight things we learned from the Detroit bankruptcy
(DBN)

Bankrupt San Bernardino, Calif. bondholders, clash in court over pension debt
(DBN)

13 cool New York City spots that even real New Yorkers probably don't know about
(DBN)

____________

Oil/Gas:

Weds. P.M.: US crude stockpiles rise setting record for fifth week - EIA --- U.S. crude inventories continue to soar
(DBN)

EIA: Record Oil Inventories, Gasoline Prices expected to average $2.33/gal in 2015
(DBN)

As Oil Price Drops, Texas Lenders Watch for Fallout
(DBN)

Lower oil price to hit US oil and gas lending: Kemp
(DBN)

World's Best Oil Traders: Rout is Not Over
(DBN)

Oil's Survival Of The Fittest
(DBN)

Goldman: The Plunge in Rig Count Isn't Enough to Stop Oil From Tumbling
(DBN)

OPEC basically confirmed that it's in a price war with the US
(DBN)

Fed’s Fisher: Low Oil Prices Will Stay for Now
(DBN)

Russia's oil industry is getting 'crushed'
(DBN)

Volatile Oil Prices Not the First Rodeo for US Energy Markets
(DBN)

New U.S. drilling index: Rig counts are misleading
(DBN)

UK: Drilling operator to cut 230 jobs
(DBN)

Trapoil, Tullow losses underscore oil plight
(DBN)

National Oilwell Varco Faces Revenue Decline
(DBN)

Houston oil equipment giant to cut nearly 2,000 jobs
(DBN)

Halliburton the latest to feel the oil price pinch
(DBN)

Houston's 2015 Success Hinges on Oil
(DBN)

Baker Hughes to shut plant as part of 7,000 job cuts
(DBN)

Will Gulf Keystone Petroleum Limited And Enquest Plc Go Bust In 2015?
(DBN)

Oil's slump a blow to Mexico amid touted energy reforms
(DBN)

Nine oil refiners beating the odds and what could sink them
(DBN)

Why Oil Prices Will Rebound Quickly
(DBN)

Kuwait shrugs off oil price drop; plans $116bn spend
(DBN)

____________

Fraud:

Former Charlotte hedge fund manager sentenced to 7 years in prison
(DBN)

Two more ex-clients sue Stanfill
(DBN)

____________

Pharma:

Valeant to buy bankrupt vaccine maker Dendreon --- Dendreon shares drop 71 percent
(DBN)

____________

Private Equity:

Private equity firms are treating junior bankers like 'star athletes'
(DBN)

____________

Mass Torts:

Pepsi Can't Recoup Asbestos Insurance Payouts From Federal-Mogul
(DBN)

W.R. Grace makes $490M final payment to asbestos trust
(DBN)

____________

Tax:

Law firms that threatened legal action over HSBC files
(DBN)

You Say Debt, I Say Tax Dodging
(DBN)

Bank of America Unit Aided Tax Avoidance
(DBN)

IRS apologizes for seizing bank accounts of small businesses
(DBN)

____________

Environmental:

Take It From Freedom Industries: How NOT To Handle A Major Chemical Accident
(DBN)

____________

Corporate Reform:

Banks May Have Overplayed Their Hand Fighting Wall Street Regulation
(DBN)

____________

Soccer:

Angry players confront ex-Wolves star Michael McIndoe outside court
(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 (23 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (9 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:

Interactive Bankruptcy Statistics Map
(DBN)

______________

Miscellaneous:

International Restructuring Newsletter
(DBN)

____________

Lien Stripping:

Supreme Court to Consider Eleventh Circuit Decisions Upholding “Strip Off” of Junior Mortgage Liens
(DBN)

____________

Indentures:

SDNY Broadly Interprets Trust Indenture Act to Limit Non-consensual Out-of-Court Restructurings
(DBN)

____________

Sales:

Not Necessarily Free and Clear: Imposing Debtor’s Unemployment Insurance Ratings Onto Purchaser?
(DBN)

____________

Consumer Bankruptcy:

Consumer Bankruptcy Circles the Globe
(DBN)

____________

TBTF:

5 Lessons from America's First Too-Big-To-Fail Bank
(DBN)

____________

Recycling:

South Florida paper recycler files Chapter 11
(DBN)

____________

Personal Finance:

Loads of Americans literally hide money under the mattress. Bad idea
(DBN)

20 gifts women actually want for Valentine's Day
(DBN)

Ivanka Trump explains why work-life balance is 'impossible'
(DBN)

____________

Healthcare:

5 key lessons to prevent your hospital from going the way of RadioShack
(DBN)

The Collapse of Berkeley Health Center
(DBN)

Why medical debt is the most dangerous kind
(DBN)

People's Health leader expresses hope to emerge from bankruptcy
(DBN)

CEOs in Prime Healthcare-Daughters of Charity deal worry AG conditions could scuttle deal
(DBN)

____________

Sovereigns:

Expired Debt Clause Still Alive And Well In Argentine Economy Minister’s Head
(DBN)

____________

UK:

Pensions will have to cut benefits in face of record deficits
(DBN)

MPs knew of HSBC Swiss tax evasion claims in 2011
(DBN)

Serious Fraud Office told to pay £6m in failed case against insolvency practitioner
(DBN)

Is London A Sunnier Clime For Litigation Finance?
(DBN)

____________

PIIGS:

Greek PM Tsipras in Brussels as clock ticks on EU bailout --- Greece: Who wants what and why
(DBN)

Greece could spur Europe’s experiment with bonds that go ‘pop’
(DBN)

EU Chiefs Take Up Greece With Merkel Due to Meet Tsipras --- Greece torpedoed a deal at the last minute --- Here is what we think happened in the 'missing hour' when the Greece bailout deal collapsed
(DBN)

U.S. stocks may take it in stride if Greece quits euro
(DBN)

Eurozone and Greece face off as key bailout talks start
(DBN)

German watchdog - Greece responsible for own banks this year
(DBN)

Did Germany Fulfill their Promises? Did Austerity in Greece Deliver?
(DBN)

Greece 'may go elsewhere' for new debt deal --- Germany tells Greece to accept bailout or 'it's over' --- Greece Faces Tough Battle on Debt at Key Meeting --- "Bankrupt but Free": Greeks support push against EU austerity
(DBN)

Stunning Rallies Happening in Greece
(DBN)

____________

Canada:

Hickman Equipment: 10-year probe too long
(DBN)

____________

Russia:

Obama describes how he views Putin and Russia
(DBN)

Ex-Yukos Shareholders Compensation Claim From Rosneft Legitimate - Court
(DBN)

____________

China:

China's increase in debt is massive and unsustainable
(DBN)

Chinese developer Kaisa reviews refinancing, restructuring options
(DBN)

____________

Brazil:

Police seize boats from Brazilian ex-billionaire Eike Batista
(DBN)

____________

Ukraine:

Ukraine's finance minister hopes talks with creditors will start in March
(DBN)

World leaders have reached an agreement on a Ukraine peace plan
(DBN)

IMF, Ukraine agree to $17.5B bailout deal
(DBN)

Ukraine is getting a $40 billion international bailout
(DBN)

____________

MENA:

Kuwait Finance House rejects Investment Dar's debt-for-assets plan
(DBN)

____________

Netherlands:

Supreme Court renders groundbreaking decision on partnership bankruptcies
(DBN)

____________

 


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