February 27, 2015

The Daily Bankruptcy News

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Law:

Judge Dismisses Icahn's Malpractice Suit Against Wachtell
(DBN)

DC Bar to Lawyers: It's OK to Change Firms: Business of Law
(DBN)

Are you smarter than a robot? Lawyers, surgeons make list of jobs being replaced by computers
(DBN)

Competing with Clerky
(DBN)

Greenberg Traurig Elevates Bankruptcy Attorney to Of Counsel
(DBN)

Attorney Photo

Today’s Tech: How A Solo Lawyer Uses A Surface Pro In His Practice
(DBN)

Texas Legal Market Stays Hot Despite Plunging Oil Prices
(DBN)

Federal judge: NFL commissioner and arbitrator erred in suspending ex-Vikings player Adrian Peterson
(DBN)

Lawyer gets 1-day suspended sentence in taxicab incident; civil rights suit by driver is ongoing
(DBN)

Lawyer Sprayed With Acid And Hit With A Hatchet
(DBN)

5 types of coworkers nobody wants to work with
(DBN)

Senate Panel Backs Loretta Lynch as Attorney General --- Lynch to Become US AG Despite HSBC Scandal
(DBN)

Prosecutor drops felony gun charge over retired schoolteacher’s antique flintlock pistol
(DBN)

Neighbor Torched Sex Offender's Future Home
(DBN)

Police investigate Former Linklaters partner
(DBN)

White & Case partner in court on harassment charge
(DBN)

An uncomfortable private jet trip allegedly shows the locker-room culture at Kleiner Perkins
(DBN)

Living in sin: Unmarried Florida couples can face jail for cohabitating — and hundreds have been charged
(DBN)

Suits Doesn’t Suit Me
(DBN)

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Judges:

Marshals arrest open-carry advocate carrying rifle outside courthouse
(DBN)

Book review: Law professor, feminist, and jurist extraordinaire
(DBN)

McGuireWoods given massive bench slap
(DBN)

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Wall Street:

US Stock Futures Edge Lower Ahead Of GDP Report
(DBN)

Wall Street holds near unchanged mark after data flurry
(DBN)

Goldman Sachs employees get $2 billion in options from 2008
(DBN)

Goldman Banker Rose Through Ranks While Undocumented
(DBN)

Countdown to the Stock Market Crash of 2016
(DBN)

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Layoffs:

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Gambling:

Bondholders Wary of Caesars Bid for a Bankruptcy Examiner
(DBN)

Power plant seeks to block Revel sale, liquidate property
(DBN)

Caesars Sells the Stakes of Its Ohio Casinos to Rock Gaming
(DBN)

Appeals court upholds decision giving millions in taxes back to defunct ND betting company owned by Bala
(DBN)

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Healthcare:

Response tough, critical to Children's Hospital possibly filing bankruptcy to avoid UMC takeover --- Is UMC's Offer to Save El Paso Children's Hospital Informal Bankruptcy? --- Former Children's Hospital board member calls UMC ultimatum "slap in the face"
(DBN)

Ombudsman keeps eye on Archer City Nursing Center residents
(DBN)

Rising Tide of Suicides in US Adults
(DBN)

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Photography:

Getty Images said to run tight on cash as profit drops
(DBN)

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Politics:

Former Congressman Kerry Bentivolio files for bankruptcy
(DBN)

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Theatre:

Naperville theater files for bankruptcy after owner charged with tax evasion
(DBN)

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Robotics:

Seegrid raises $11M, appears poised to exit bankruptcy
(DBN)

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Mass Torts:

Double-dipping asbestos law firms exposed
(DBN)

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Retailing:

Retail Therapy: Reorganizing Under Chapter 11
(DBN)

Sears 4Q loss narrows, sales slide as business shifts --- Sears Posts 11th Straight Quarterly Loss --- Could Sears Stores Disappear? --- Sears Extends Dismantling of Company
(DBN)

Eddie Lampert's incredible shrinking Sears empire
(DBN)

Investors not buying Lampert’s plan for Sears
(DBN)

A Tale of Two Lingerie Retailers
(DBN)

J.C. Penney makes progress but posts a loss
(DBN)

Radio Shack whodunnit sends junk bond warning
(DBN)

Why retailers’ downbeat guidance is misleading
(DBN)

Target reports $2.6 billion 4Q loss on closing Canada stores
(DBN)

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Finance:

Creditors Can Pursue Money Tree Claims
(DBN)

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Fraud:

Judge Denies Madoff Customer Status to FL Feeder Fund Group
(DBN)

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Debt Collection:

Of Drones and Debtors
(DBN)

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Economy:

It's official: America has deflation --- Inflation rate goes negative for first time since 2009 --- Rising Prices Apart From Fuel Back Fed's Inflation View
(DBN)

$74 Billion Food Stamp Program in Budget Crosshairs
(DBN)

Kansas City Fed: Regional Manufacturing Activity Expanded "Slightly" in February, Weaker Energy Sector
(DBN)

Orders for U.S. Durable Goods Increased 2.8% in January
(DBN)

Only one-quarter of Americans plan to retire
(DBN)

What Is 'Middle-Class Economics'?
(DBN)

Jobless claims surge 31000 to 313000 --- But hiring still strong
(DBN)

Corporate Borrowing Goes to Shareholders Now
(DBN)

Experian/Moody's Small Business Credit Index Hits A New High
(DBN)

Vehicle Sales Forecasts: Best February since 2002
(DBN)

Fed pulls a Jedi mind trick on the bond market
(DBN)

Racial Wealth Gaps: What a Difference 25 Years Doesn’t Make
(DBN)

Rising wages: With more jobs per unemployed worker, wages are rising.
(DBN)

Is Capitalism Killing the Planet?
(DBN)

Inequality rising most in China and Russia
(DBN)

The 10 most useless graduate degrees
(DBN)

US Debt Clock
(DBN

Economic Indicators Dashboard
(DBN)

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Real Estate:

The McMansion is back, and bigger than ever --- Why Are Developers Still Building Sprawl? --- Love Affair with Smaller Homes Quickly Died --- Why homebuilders keep building homes people want
(DBN)

New-Home Sales Are Surging. Why Aren’t Existing Homes As Hot?
(DBN)

FHFA: House prices edge up 1.4% in December
(DBN)

What $1 million buys in different housing markets
(DBN)

Philly: Loan on 1818 Market St. sent to special servicer
(DBN)

Freddie Mac: Mortgage rates increase three weeks straight
(DBN)

Foreclosure: The Movie… (finally!) coming to a screen near you
(DBN)

Shares of Tampa's Walter Investment Management hit by losses, federal investigations
(DBN)

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Municipalities:

Detroit bankruptcy leaders provide advice for city's future
(DBN)

Man Whose Murder Conviction Was Thrown Out Settles With Detroit For $2 Million
(DBN)

Bondholders split on merits of Chapter 9 for Puerto Rico agencies
(DBN)

Puerto Rico Bankruptcy Access May Aid Island, Goodlatte Says --- Puerto Rico's Agencies Want Bankruptcy Option to Boost Economy
(DBN)

Puerto Rico Running Out Of Plays In Losing Ratings Game
(DBN)

Puerto Rico seeks to be included under federal bankruptcy code --- Puerto Rico Bankruptcy Bill Could Offer Roadmap for Creditors
(DBN)

Cracks Starting to Appear in Public Pensions' Armor
(DBN)

Chadbourne Hosts Expert Panel on Future of Municipal Restructurings After Detroit and Jefferson County
(DBN)

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Student Debt:

Here's the letter 15 students refusing to pay their federal loans wrote to the Department of Education
(DBN)

Student Loan Delinquencies Continue To Rise Despite More Options For Borrowers
(DBN)

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Celebs:

De Niro Socked With $6.4 Million IRS Tax Lien --- A Cautionary Tale
(DBN)

Suit Accuses Joe Francis of Illegally Spending Girls Gone Wild Money
(DBN)

Texas Wyly brothers must pay $299 million in SEC fraud case: judge
(DBN)

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Oil/Gas:

Drilling Down: A Deeper Look into the Distressed Oil & Gas Industry Part 4—Smoke on the Water: The Hazy Law of Oil and Gas Leases on the Outer Continental Shelf
(DBN)

Energy Restructuring and Reorganization Part I – The Company
(DBN)

What Lenders and Investors in E&P Companies Need To Know
(DBN)

Fri. A.M.: Brent set for biggest monthly gain since 2009
(DBN)

Prepare to pay more for gasoline in coming weeks
(DBN)

There's more to oil's plunge than record-high supplies
(DBN)

Saudis' Bold Gambit Paying Off Just Three Months Later
(DBN)

Oil's Big Swings Are the New Normal
(DBN)

Oil Supplies Jump, Distillates at Record Low
(DBN)

Top 10 housing markets impacted by oil prices
(DBN)

Analysts feel rise in gas prices are far from over
(DBN)

Oil Price Decline Leads to Consumer Price Index Drop
(DBN)

GDF Suez to lower spending on oil crash as 2014 profit falls
(DBN)

Deutsche Bank Downgrades Hercules Offshore
(DBN)

Premier oil suspends dividend after posting full-year loss
(DBN)

CGG to cut about 400 jobs after 2014 $1.2 billion net loss
(DBN)

KKR's Struggling Energy Firm Weighs Debt Options --- Samson Resources hires restructuring advisers-source
(DBN)

Slowdown at Hopkinsville Tubing Plant Results in 71 Layoffs
(DBN)

How 'Orphan' Wells Leave States Holding the Cleanup Bag
(DBN)

Add Bill Gross to list of oil plunge’s victims
(DBN)

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Television:

Aereo bankruptcy auction raises less than $2m
(DBN)

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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 (11 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)

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Bankruptcy Statistics:

Interactive Bankruptcy Statistics Map
(DBN)

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Venue:

Does the Bankruptcy Code Need a Venue Rule Reform?
(DBN)

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IP:

TiVo, Others Buy Scraps of Aereo at Bankruptcy Auction
(DBN)

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Indentures:

Recent Decisions Concerning the Trust Indenture Act Underline the Limits on Out-of-Court Restructurings
(DBN)

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Discovery:

6 Basic Limitations of Bankruptcy Rule 2004
(DBN)

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Professional Compensation:

Argument recap: Justices dubious of paying fees for defending bankruptcy fee applications
(DBN)

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Discharge:

Courts Rule in Favor of Discharge Injunctions – Even for Sold Debt
(DBN)

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Recent Pleadings:

Caesars Junior Creditor Committee Calls Foul On Kirkland As Debtor's Counsel: Not Disinterested, "Extensive Connections With Debtor's Private Equity Sponsors"
(DBN)

SCOTUS Amicus Curiae Brief Regarding Underwater Second-Lien Mortgages
(DBN)

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Alternative Energy:

Resale Prices Tumble on Electric Cars
(DBN)

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Taxis:

This is the financial proof that Uber is destroying taxi companies
(DBN)

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Tech:

Aereo gets less than half what it expected at bankruptcy auction
(DBN)

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Corporate Reform:

Hedge fund manager sues FBI for raiding his office and destroying his reputation and business
(DBN)

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Tax:

IRS Announces That It Will No Longer Refund FICA Taxes on Severance Payments
(DBN)

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Non-Bankruptcy Restructuring:

Two Recent District Court Decisions Give New Ammunition to Noteholders Opposing Nonconsensual Out of Court Restructurings
(DBN)

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Litigation:

Cornerstone Research Releases 2014 M&A Litigation Report
(DBN)

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Sovereigns:

Argentina's Bond Plan Halted After Judge Issues Bank Order --- Argentina shelves dollar-denominated bond sale --- U.S. judge orders JPMorgan, Deutsche to give Argentine bond papers --- Bonar turns into subpoena
(DBN)

Billionaire hedgie's outcry halts Argentina bond sale
(DBN)

The letter Wall Street sent to potential Argentina investors is hilarious
(DBN)

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UK:

£421m in bonuses outrageous RBS boss admits
(DBN)

Jackson – Insolvency Carve Out Indefinitely Extended – Great News For Insolvency Practitioners
(DBN)

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PIIGS:

Greece and eurozone are out of good options
(DBN)

Greek Yields Would Drop to 1% After Debt Deal, Varoufakis Says - Bloomberg Business
(DBN)

Greek protesters clash with police in first backlash against Syriza
(DBN)

Spanish court rejects state bailout for bankrupt motorways
(DBN)

German Parliament approves Greece's bailout extension
(DBN)

How IMF bent rules to hobble Greece with debt
(DBN)

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Ukraine:

Ukraine's Naftogaz Withheld Payment After Russia Cut Gas Supplies --- Russia could cut off gas to Ukraine by 'end of week' --- This time around, Russia-Ukraine gas feud is mostly hot air
(DBN)

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Japan:

Forget Greece, Japan is the world's real economic time bomb
(DBN)

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Russia:

Russia: Left out in the cold
(DBN)

Investors approve Petropavlovsk’s restructuring plan
(DBN)

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Singapore:

Ministry of Law consults on proposed amendments to Bankruptcy Act
(DBN)

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