January 13, 2015

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Why troubled law schools may remain open
(DBN)

Associate Bonus Watch: New Year, New Money
(DBN)

King & Spalding Recruits Bankruptcy Litigator From Cadwalader
(DBN)

Bob Luskin Leaving Squire Patton Boggs for Paul Hastings
(DBN)

Cooley CEO Joe Conroy on London: "We put our money where our mouth is" --- Cooley prepares for 50-lawyer London launch
(DBN)

New York Prosecutors Hired at Boies Schiller
(DBN)

New Survey Of In-House Counsel Provides A Ray Of Sunshine For Law Firms
(DBN)

More Debate Over 2016 New Lawyer Job Projections
(DBN)

Locke Lord goes live with 1,000 lawyers in 23 cities
(DBN)

Milbank Elects Nine Lawyers to Partnership
(DBN)

Akerman Senterfitt settles FDIC suit in bank failure
(DBN)

Another law firm chooses Kansas City for back-office operations
(DBN)

As Firms Relocate Their Operations Hubs, Will There Be Layoffs?
(DBN)

Business of Law
(DBN)

Report: Law firm acquisitions down in 2014
(DBN)

Nonlawyers Gain Bigger Foothold in Legal Job Market
(DBN)

Lawyers could use Word and Outlook to manage docs with new product reportedly nearing launch
(DBN)

Study: People Suffer Separation Anxiety Without iPhones
(DBN)

Don't Let This Small But Increasingly Popular Grammatical Error Ruin Your Big Job Interview
(DBN)

See How Men's Style Has Evolved Over 100 Years
(DBN)

Planning to ‘make a big impact’: Cooley raids Edwards Wildman and MoFo’s City offices to launch in London --- ‘A watershed moment’: Q&A with Cooley's CEO on the firm’s London launch and philosophical decisions
(DBN)

NYC's business elite in panic over cop slowdown
(DBN)

Customs Police Catch Man With 94 iPhones Strapped To His Body
(DBN)

Dershowitz accuser linked to jailed Florida lawyer
(DBN)

The Seedy Lawyer in the Prince Edward Tale
(DBN)

Oil Tycoon Harold Hamm's Ex-Wife Wants More Money After Cashing $975 Million Check
(DBN)

Families Of The Sandy Hook Shooting Victims Are Suing The Town And School Board
(DBN)

Spoofers are using BigLaw firm names in phishing expeditions
(DBN)

Accused bank robber, 66, was simply trying to open an account, his lawyer argues
(DBN)

Lawyer doesn’t have to turn over Aaron Hernandez cellphone in murder case, top state court says
(DBN)

Say What?!
(DBN)

______________

Judges:

Notice Of Vacancy United States Bankruptcy Judge Alexandria, Louisiana
(DBN)

Notice Of Vacancy United States Bankruptcy Judge Fort Worth, Texas
(DBN)

Notice Of Vacancy United States Bankruptcy Judge McAllen, Texas
(DBN)

Former judge pleads guilty, admits taking bribe to cut jury verdict from $5.2M to $1M
(DBN)

Husband swears in wife as he retires and she takes his seat on the bench
(DBN)

Is Justice Ginsburg A ‘Bad Jew’?
(DBN)

______________

Wall Street:

U.S. Stock -Index Futures Advance
(DBN)

Stocks decline with oil
(DBN)

______________

Layoffs:

 

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Celebs:

Teresa Giudice Is "Doing Phenomenally" in Prison
(DBN)

George Clooney's Thank-You Speech To His Lawyer Wife Made Women Everywhere Swoon
(DBN)

A Lawyer’s Remarkable Résumé Finally Trumped Her Trophy Husband’s Fame
(DBN)

Tyron Smith, Ryan Howard and Income Inequality
(DBN)

____________

Payments Processing:

The Main Players That Face Disruption In the Payments Ecosystem
(DBN)

____________

Education:

The 50 Most Elite Boarding Schools In The US
(DBN)

____________

Politics:

Donald Trump 'Very Strongly' Considering 2016 Presidential Bid
(DBN)

Elizabeth Warren Says Government Hurts Business. Huh?
(DBN)

Elizabeth Ann Warren
(DBN)

____________

Gambling:

Did Caesars' Nonpayment Trigger Credit Default Swaps?
(DBN)

Hedge funds push for Caesars bankruptcy, seek examiner --- Appaloosa Claims “Plundering” By Caesars Insiders
(DBN)

Majority of Caesars Lenders Oppose Bankruptcy Proposal
(DBN)

Caesars Creditors Beat Apollo to Punch With Early Bankruptcy
(DBN)

Creditors attempting to block Caesars planned restructuring
(DBN)

Hedge funds put Caesars operating unit into Ch. 11
(DBN)

Caesars Entertainment Corporation Offers Consent Fee to Bank Lenders
(DBN)

Caesars in Temporary ‘Debtor Heaven’ With Involuntary Bankruptcy
(DBN)

Caesars Lenders Form Majority to Oppose Unit Bankruptcy Plan
(DBN)

Why Caesars Entertainment's Restructuring Plan Is A Long-Drawn-Out Battle
(DBN)

Apollo’s Bankruptcy Bet on Caesars Needs to Pass Fairness Test
(DBN)

Caesars OpCo bankers asked to nod rejig deal
(DBN)

____________

Construction:

Trulands countersue surety for $40M, saying it should have gone after more claims
(DBN)

____________

Museums:

Plan forgives loans on NASCAR Hall of Fame
(DBN)

____________

Dot-Coms:

Rebuilding History's Biggest Dot-Com Bust
(DBN)

____________

Economy:

Fed’s Lockhart: Likely to Support Rate Increase in Middle of the Year
(DBN)

Fed Not Impressed with Jobs Numbers
(DBN)

The US 'manufacturing renaissance' doesn't exist, says new report
(DBN)

Study: Dark Picture of Manufacturing Recovery
(DBN)

Much Of America Still Hasn't Recovered From The Recession
(DBN)

Deutsche Bank's 2015 Outlook For The World
(DBN)

Meredith Whitney Picked The Wrong America
(DBN)

Wealth Gap Increases Since the Great Recession
(DBN)

Democratic Plan for the Middle Class
(DBN)

Elizabeth Warren Wins, The Treasury Loses
(DBN)

U.S. inflation stays low while job growth surges
(DBN)

The recovery in U.S. Heavy Truck Sales
(DBN)

US Debt Clock
(DBN

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

The valuation process for LIHTC projects in financial distress: Part I
(DBN)

We Did The Math: Should You Buy Or Rent In These Major Cities?
(DBN)

FNC: Residential Property Values increased 5.2% year-over-year in November
(DBN)

Charts Show Exactly How A Housing Crisis Traps Countries In Years-Long Downturns
(DBN)

Consumer Agency Launches Tool To Help You Find A Cheaper Mortgage
(DBN)

Delinquencies "Spike" in November
(DBN)

JPMorgan Must Face Trustee's $500 Million MBS Suit
(DBN)

In San Francisco, $1,280 A Month Will Get You 280-Square-Feet
(DBN)

Phoenix Real Estate in December: Sales UP 9%, Inventory DOWN 2% Year-over-year
(DBN)

Appraisers worry new Fannie Mae program could bust deals
(DBN)

Here’s how falling oil prices could hit the mortgage industry
(DBN)

Affordable homes lagging behind in home price recovery
(DBN)

In resort towns, working class squeezed out as rich move in
(DBN)

Canadians remain top foreign U.S. homebuyers
(DBN)

____________

Municipalities:

Detroit’s Road Map
(DBN)

Detroit is down but absolutely not out
(DBN)

Exiting Municipal Bankruptcy Only a Step in Road to Recovery
(DBN)

Entering the fight? Birmingham City Council considers hiring lawyer to battle Jefferson County bankruptcy exit, sewer rate hikes
(DBN)

____________

Oil/Gas:

Mon: Oil Is Getting Crushed --- Oil Falls to 5 1/2-Year Low as Goldman, SocGen Cut Price Outlook --- Goldman: Oil Is Going To $39 --- Oil slumps 5 percent after Goldman slashes forecast --- Goldman Sees Need for $40 Oil as OPEC Cut Forecast Abandoned
(DBN)

Tues. A.M: Oil Below $45 --- Oil prices down again as UAE defends holding production
(DBN)

Wall Street falls as oil prices drag
(DBN)

How low can oil prices go? Welcome to the oil market’s old normal
(DBN)

Oil to Put Chill on U.S. Earnings Season
(DBN)

The Pros and Cons of Lower Oil Prices
(DBN)

This Furniture Store Will Give You Your Money Back If Oil Reaches $85 A Barrel This Year
(DBN)

The Great American Oil Bust Is Only Just Beginning
(DBN)

When-and where-oil is too cheap to be profitable
(DBN)

As oil plummets, how much pain still looms for US energy firms?
(DBN)

If You Think The Oil Crash Is Bad For Job Creation, Then You've Got The Big Picture Story All Wrong
(DBN)

The Pace At Which US Rig Counts Are Tumbling Is Unusually Intense --- North Dakota rig count at lowest level since Nov 2010
(DBN)

These Industries Benefit Most From Falling Energy Costs
(DBN)

The Energy Sector Could Be Even Riskier Than You Think
(DBN)

Some sure have egg … er, oil on their faces
(DBN)

Comptroller: Texas Budget to Be Hit Over Oil --- TX: Lower Oil Prices to Slow Economy, No Crash
(DBN)

UAE: OPEC Can't Protect World Oil Prices Forever
(DBN)

Rouhani: Countries Behind The Oil Price Drop Will Suffer
(DBN)

____________

Aviation:

Cyprus Airways 'hides' planes in Welsh airfield to avoid seizure
(DBN)

____________

Healthcare:

Bankrupt southern Indiana hospital heads to auction
(DBN)

Federal Complaints Filed Against Daughters of Charity Over Campaign of Intimidation, Harassment to Coerce Workers to Support Sale of Hospital Chain
(DBN)

Hospital Execs Continue to Threaten Employees with Bankruptcy and Job Loss to Create "An Atmosphere of Fear"
(DBN)

Man awakens from 12 years in 'vegetative state'... 'I was aware of everything'
(DBN)

___________

Awards:

Milbank Wins Five Turnaround Awards from M&A Advisor
(DBN)

____________

Corporate Governance:

Strine ruling could keep more cases in Delaware
(DBN)

____________

Religion:

Francis urges Muslim leaders to condemn religious-based violence
(DBN)

____________

Alternative Energy:

Suntech America Files for Bankruptcy Owing At Least $100 Million
(DBN)

____________

Religion:

Churches as an Alternative to Payday Lenders
(DBN)

____________

Autos:

Marchionne Says UAW’s Two-Tiered Wage System ‘Almost Offensive’
(DBN)

____________

Fraud:

Marc Jenson's attorney wants hearing to explore recusal of judge in fraud trial
(DBN)

____________

Credit Counseling:

Credit Counselor Has Ties to High-Interest Lenders
(DBN)

____________

New Bankruptcy Opinions
(2 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (19 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (12 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)

______________

Bankruptcy Reform:

ABI Chapter 11 Reform Commission Series: Oversight of the Case (Part II, Professional and Compensation Issues)
(DBN)

ABI Wants Chapter 11 Easier for Small Companies
(DBN)

____________

Jurisdiction:

Waiting for Wellness
(DBN)

____________

Retailing:

Tiffany's Is Crashing --- Cracks in luxury retail or Tiffany problem?
(DBN)

Salus Capital Offers RadioShack $500 Million Bankruptcy Loan --- RadioShack Just Got A $500 Million Lifeline --- RadioShack eludes certain death yet again --- RadioShack shares jump on financing rumors
(DBN)

A stunning end for Body Central after 42 years
(DBN)

These Photos Show The Quick Death Of A Once-Beloved Mall Chain
(DBN)

____________

Food/Beverage:

Quiznos replaces CEO in latest restructuring move
(DBN)

____________

Personal Finance:

An Effective Monthly Budget Can Be Boiled Down To 7 Simple Steps
(DBN)

____________

UK:

U.K. Inflation Rate Drops to Lowest in Almost 15 Years --- All-Time Low Inflation Poses Big Risks For The Bank Of England --- Bank of England says to explain inflation fall on Feb. 11
(DBN)

Pension Pot Luck for English Trustees in Bankruptcy
(DBN)

Actress Anita Harris declared bankrupt
(DBN)

Lesson for Obamacare? UK health service 'in crisis'
(DBN)

____________

EU:

European Banks Are Reportedly Facing $52 Billion In Litigation Costs
(DBN)

Traders say ECB quantitative easing is a given, but split on the timing
(DBN)

____________

PIIGS:

Greek Market Fears Ease Over Election
(DBN)

Greece Can Learn from Brazil and Argentina
(DBN)

This time, will Greece exit the Eurozone?
(DBN)

Banks Ready Contingency Plans in Case of Greek Eurozone Exit
(DBN)

Greeks more pessimistic about country's economic prospects: Study
(DBN)

Former billionaire Sean Quinn agrees to pay creditors €20k from future earnings in next two years
(DBN)

ie: Big changes to bankruptcy rules
(DBN)

ie: Goldman Sachs to advise Government on pro bono basis
(DBN)

____________

Canada:

Cliffs Natural Resources: Bloom Lake Bankruptcy on the Horizon, JPMorgan Says
(DBN)

Vancouver real estate developer makes offer to buy bankrupt Wyndansea resort
(DBN)

Lac-Megantic settlement is just a fraction of what’s needed, town says
(DBN)

____________

France:

Charlie Hebdo to defiantly feature Prophet Muhammad cartoons, dodges bankruptcy
(DBN)

Muhammad is 'Charlie' in new Hebdo front page --- Charlie Hebdo goes from 60k to 3 Million Copies
(DBN)

Chilling Account Of How A Hostage In The Paris Market Siege Stole A Rifle From His Captor
(DBN)

White House: We Shouldn't Have Missed France's Unity March
(DBN)

The Palestinian President Is Dramatically Changing Course
(DBN)

Islam in Europe
(DBN)

____________

Russia:

Saving the Ruble Could Mean Bankrupting Companies
(DBN)

The Ruble Is Tumbling Further Along With Oil Prices
(DBN)

Goldman Sachs Just Slashed Its Forecast For The Ruble
(DBN)

Russian Banks Plead for Interest Rate Cut as Borrowing Costs Spiral
(DBN)

Russia's Huge Cost of Supporting the Rouble
(DBN)

Russian Economy Now in Crisis Mode
(DBN)

____________

MENA:

Dubai World gets majority creditor backing for $14.6 bln debt deal
(DBN)

Dubai World $14.6 billion debt deal creditor vote set for March
(DBN)

Dubai World turns to bankruptcy laws to push through $14.6bn debt restructuring
(DBN)

Saudi Cleric Condemns Snowmen As Anti-Islamic
(DBN)

____________

China:

Growth to drop below 7% in first quarter: economist
(DBN)

China developer Kaisa's bonds jump but battle ahead for offshore creditors
(DBN)

Kaisa default risks waking China property bears
(DBN)

____________

Australia:

Corporate undertakers dig in for downturn as insolvencies dry up
(DBN)

___________

Venezuela:

Venezuela Just Had A 'Let Them Eat Cake' Moment --- Venezuelan shortages, long queues spark violence, arrests
(DBN)

____________

Ukraine:

Hopes for Ukraine Peace Talks Fade After Summit
(DBN)

____________

New Zealand:

US site suspends bankrupt's crowdfunding scheme
(DBN)

____________

 


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