January 15, 2015

The Daily Bankruptcy News

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Law:

Sullivan & Worcester Names New Bankruptcy Partner
(DBN)

Business of Law
(DBN)

William Mitchell launches new law school hybrid, welcomes 85 students for 1 week of on-campus class
(DBN)

American University Law Prof Slams George Washington's 'Predatory' Poaching of 54 Its Students (Out of 97 Transfer Students)
(DBN)

Charge out rates for partners rise fastest in Philadelphia
(DBN)

Girls Gone Wild’s Bankruptcy Lawyers Want Tax Money Back
(DBN)

A Legal Secretary’s Super-Salacious Harassment Suit
(DBN)

Alexandra Marchuk v. Faruqi & Faruqi: 5 Observations From Inside The Courtroom
(DBN)

When I Grow Up I Want To Be A Lawyer
(DBN)

Lawyer’s personal assets, bank accounts at risk as opponents seek to collect $1M sanction
(DBN)

Meet a Very Funny Lawyer
(DBN)

Vulgarity claims made against former Arnstein & Lehr managing partner
(DBN)

The 5 Worst People To Sit Next To On A Doc Review Project
(DBN)

Because Prestige Is The Ultimate Aphrodisiac
(DBN)

M&A “Cultural Due Diligence”
(DBN)

Why Giving Away Free Legal Forms Is Good Business
(DBN)

Nonlawyer Legal Technicians: Access to Justice? Or Will They Make Things Worse?
(DBN)

The 13 Best New Apps You May Have Missed Recently
(DBN)

E-Mail Loses Favor as Sony Embarrassment Changes Worker Habits
(DBN)

99 Sites That Every Professional Should Know About
(DBN)

7 Soft Skills Everyone Needs To Be Successful At Work
(DBN)

8 Warm And Stylish Winter Jackets For Men
(DBN)

The Basic Belt Guide For Men
(DBN)

NASCAR driver accused of assault says ex is trained assassin: "trained assassin"?
(DBN)

Prosecutor: Don't Pardon Mark Wahlberg
(DBN)

Lawyer faces felony charge over claimed threat to state trooper during traffic court hearing
(DBN)

Does ‘martyr mentality’ of nonprofit lawyers keep salaries low?
(DBN)

Former US attorney for Nevada gets 18 months for not filing federal tax returns
(DBN)

The Fake Kidnapping Phone Call Is The Scariest Scam In New York Right Now
(DBN)

Man accused of driving stolen car to court hearing in prior car-theft case takes plea deal
(DBN)

Police Remind Twitter Followers That They Shouldn't Call 911 To Find Out What's On TV
(DBN)

Woman reports son missing -- says he left home in 1995!
(DBN)

Circuit: Law School Can Expel Student With Criminal Past
(DBN)

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Judges:

RI Bankruptcy Court: Press Can Use Laptops In Court, But No Pictures!
(DBN)

Obama’s Supreme Court justices: Elena Kagan and Sonia Sotomayor have elite and populist styles
(DBN)

Ex-judge is latest to get time in federal ticket-fixing case targeting Philadelphia traffic court
(DBN)

Judge Mines for Classic Rock Gold!
(DBN)

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Wall Street:

US stocks : Futures tumble as Swiss shock markets
(DBN)

U.S. Stocks Take Tumble
(DBN)

JPMorgan Sees 10% Decline in 1Q Trading Revenue on Unit Sales
(DBN)

Wall St. drops on global economic worries --- Stocks Plumb Fresh Lows on Weak Retail, Global Growth Worries
(DBN)

Wall Street Intern Posts N--- Selfies From Bank's Bathroom, Then Quits Job To Pursue Career In P---
(DBN)

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Layoffs:

 

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Healthcare:

Chicagoland firm buys Phoenix surgical hospital out of bankruptcy
(DBN)

Johnson Memorial Declaring Bankruptcy, Being Purchased By Saint Francis
(DBN)

Schumer says Medicare funding at risk for rural hospitals
(DBN)

Meet Marc Farrell, the guy who says he's going to turn around Specialty Hospital in Washington
(DBN)

Houston hospital system reducing workforce by more than 200
(DBN)

CHI Health Unveils Cutbacks, Layoffs
(DBN)

Coakley allows Quincy Medical Center closure with new conditions --- Coakley requires Steward to maintain Quincy emergency room for one year
(DBN)

Post-bankruptcy, new Specialty Hospital of Washington owners replace management team
(DBN)

How the drive for profits is shaping end of life care - Hospices recruiting healthy patients?
(DBN)

Why the wealthy stopped smoking, but the poor didn’t
(DBN)

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Gambling:

Thurs.: Part of US casino company files for bankruptcy --- Caesars Unit Files for Chapter 11 Bankruptcy - More Than 80% of Company's Senior Bondholders Are on Board With Restructuring Plan --- Caesars puts largest unit into Chapter 11 bankruptcy --- Caesars Entertainment Has Filed For Chapter 11 Bankruptcy --- Caesars unit files for bankruptcy --- Caesars unit says it filed Chapter 11 in bid to trim debt --- Caesars Entertainment unit files for Chapter 11 bankruptcy --- Caesars Entertainment's unit files for bankruptcy --- Caesars rolls the dice in bankruptcy court --- Caesars Entertainment Bets It's the Las Vegas Version of Too Big to Fail
(DBN)

Why Did Caesars Choose Chicago?
(DBN)

Caesars unit to file for bankruptcy Thursday in Chicago --- Thursday is zero hour for Caesars bankruptcy
(DBN)

5 Things Things to Know About the Caesars Restructuring
(DBN)

Caesars Casino Firm Reveals $18bn In The Red
(DBN)

Caesars Sets Up Creditor Showdown With Second Bankruptcy
(DBN)

Markets split on endgame for Caesars' looming bankruptcy
(DBN)

Creditors seek to put on a hold Caesars' looming bankruptcy
(DBN)

Goldman Sachs helped Apollo in Caesars bet: sources
(DBN)

Reports: Caesars Entertainment Bankruptcy Venue Uncertain --- Fight Brews Over Choice of Bankruptcy Court for Caesars Unit
(DBN)

Creditors lose bid for emergency hearing on Caesars bankruptcy
(DBN)

Glenn Straub and Revel Casino Hotel
(DBN)

Meet The Mogul Who Thinks He Can Turn Around Atlantic City's Biggest Casino Fail
(DBN)

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Celebs:

How Jack Johnson's Parents Left Him Millions In Debt
(DBN)

Jamie Oliver’s Istanbul Restaurant Seeks Bankruptcy Safeguard
(DBN)

'RHONJ' Star Teresa Giudice Life in Prison: The Vultures and Why Joe Didn’t Visit Last Week
(DBN)

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Autos:

It took the Grim Reaper to restructure GM
(DBN)

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Economy:

US businesses expanded stockpiles in November
(DBN)

Yellen Gears Up for First Rate Increase Since 2006
(DBN)

Stock, bond markets tumble as Swiss let franc soar --- The Swiss Franc Is Out Of Control --- Swiss franc jumps 30 percent after Swiss National Bank dumps euro ceiling
(DBN)

Fed President: 4% Jobless, No Wage Pressures
(DBN)

US companies see growth 3-3.5 per cent through mid-2015
(DBN)

Fed Saw Consumer Spending Rise
(DBN)

U.S. Retail Sales Reflect Consumer Caution Despite Lower Gas Prices
(DBN)

Head of Philadelphia Fed Urges Return to 'Normal' Monetary Policy
(DBN)

Fed’s Beige Book: Texas economic activity expanded at a “slightly slower” pace from mid-November through late December
(DBN)

U.S. Stocks Slide, Global Bonds Rally Amid Growth Concern
(DBN)

15 Awesome Jobs That Pay More Than $90,000
(DBN)

Over 40 million American workers don't have paid sick leave. Obama wants to change that
(DBN)

Split Fortunes Stalk U.S. Children in School as Inequality Waxes
(DBN)

US Debt Clock
(DBN

Economic Indicators Dashboard
(DBN)

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Real Estate:

A mortgage rebound would be absolutely huge for Well Fargo
(DBN)

MBA Stevens: CFPB mortgage rate tool needs to be taken down
(DBN)

CoreLogic: 41,000 completed foreclosures in November--- U.S. Foreclosures Drop to a Level Last Seen in 2006 --- "Foreclosure inventory down 35.5 percent nationally from a year ago"
(DBN)

Foreclosure starts increase two months straight
(DBN)

Beige Book: Economy picked up in late 2014 but not housing
(DBN)

Barclays: California situation could destroy Ocwen
(DBN)

What to Do With a Half-Finished Neighborhood
(DBN)

U.S. Home Lending Set to Bounce Back in 2015 After Slump
(DBN)

Southern California December Home Sales up 4% Year-over-year
(DBN)

Sacramento Housing in December: Total Sales up 1.5% Year-over-year, First YoY increase since Oct 2012
(DBN)

FL: Judge rejects developer's reorganization plan
(DBN)

Richmond: Lawyers push for second auction of Jefferson properties
(DBN)

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Municipalities:

Why So Many Big Bankruptcies?
(DBN)

Half Atlantic City's casino revenue lost in 8 years --- Revenue drop not as steep as expected
(DBN)

Municipal pension plans problems continue to grow, Pa. auditor says
(DBN)

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Oil/Gas:

Drilling Down: A Deeper Look into the Distressed Oil & Gas Industry Part 2—Treatment of Oil and Gas Interests in Bankruptcy
(DBN)

Thurs.: Oil Is Falling Again
(DBN)

Weds: Beaten-Down Oil Rises Sharply
(DBN)

Weds P.M.: Oil Is Ripping Higher
(DBN)

$50 Per Barrel May Be The New Ceiling For Oil Prices
(DBN)

BP cuts 200 staff, 100 contractors as oil prices fall --- BP to cut North Sea jobs as oil price plummets
(DBN)

Oil Recovery Seen by Gulf Producers as Slump Spurs Demand
(DBN)

The Oil Freak-Out Is Everywhere
(DBN)

Why Shale Oil Isn't Driving Down Global Oil Prices
(DBN)

Crude Oil Futures Gain on Speculation Losses Excessive
(DBN)

UAE: Cut Shale, Not OPEC Production
(DBN)

The End Of OPEC As We Know It
(DBN)

Fed's Beige Book: Continued Growth, but Some Slowing in Oil-Producing Areas
(DBN)

Falling oil posing threat to economic growth: Fed --- Oil price drops help some, hurt others in US economy - Fed --- Cheap oil can be good for stock market
(DBN)

Barclays cuts E&P sector, says oil price recovery expectations could disappoint
(DBN)

Oil Continues Down Its Slippery Slope: Where's The Bottom? --- Oil : Why nobody knows how low it will go --- Wall Street Now Sees Oil Around $40
(DBN)

Some funds that got out of oil early start moving back in
(DBN)

Arctic Explorers Retreat From Hostile Waters With Oil Prices Low
(DBN)

EIA forecasts temporary peak in US oil output in May
(DBN)

Government Predicts Shale Slowdown as Oil Falls --- U.S. Shale Oil : What Doesn't Kill Me Makes Me Stronger
(DBN)

The Good, Bad, and Ugly of Plunging Oil Prices --- The Unintended Consequences of Cheap Oil
(DBN)

Oil fall could lead to capex collapse: Gundlach --- Gundlach: Low Oil Means 'Collapse' in Hiring, Spending
(DBN)

Oil price falls hard on some Halliburton workers
(DBN)

North Dakota rig count drops sharply as oil price tumbles
(DBN)

Tullow Oil takes $2.2bn hit from oil price collapse
(DBN)

Dubai Declare: Shale Oil is Dead
(DBN)

OPEC Sees Less Demand for Its Crude; Prices to Slow U.S. Supply
(DBN)

Iran's Budget Assumes $40 Oil After Prices Decline 33%
(DBN)

Shell scraps plans for multi-billion dollar petrochemical plant
(DBN)

Cheap oil ? That's just one worry for Petrobras
(DBN)

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Electricity:

Judge okays Oncor auction, to begin March 2
(DBN)

Bankruptcy judge OKs Energy Future Holdings to move ahead on Oncor auction
(DBN)

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Education:

The "Overwhelming Incentives" to Avoid Bankruptcy For Higher Education Institutions
(DBN)

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Retailing:

US retail body estimates holiday sales rose 4 pct on year
(DBN)

Why you shouldn't panic over retail sales miss
(DBN)

RadioShack Stock Moves Toward Zero
(DBN)

RadioShack Is Dead, and Salus Capital Is Playing Weekend at Bernie's
(DBN)

RadioShack Prepares Bankruptcy Filing - Struggling Electronics Chain, in Talks with Lenders, Could File as Soon as Next Month
(DBN)

Distressed Debt: RadioShack bonds stuck at lows ahead of liquidity deadline
(DBN)

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Religion:

MN: Archdiocese weighs bankruptcy , but what would it mean?
(DBN)

Helena diocese reorganization plan OK'd by judge
(DBN)

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Tax:

State Tax Inequality Index
(DBN)

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Personal Finance:

25 Awesome Things You Can Buy For Under $25
(DBN)

Here's What You Really Sound Like In Job Interviews
(DBN)

5 Highly Insightful Questions ?To Ask In Every Job Interview
(DBN)

12 Hacks For Surviving This Freezing, Icy Weather
(DBN)

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Shipping:

Shippers Pay Over $10M to Avoid OW Bunker-led Arrests
(DBN)

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New Bankruptcy Opinions
(9 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (150 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (5 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:

3 Companies That May Not Last Through 2015
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

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Jurisdiction:

Supreme Court Weighs Power of Bankruptcy Judges
(DBN)

Oral Argument Transcript
(DBN)

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Insurance:

Proceeds of Insurance Policy Are Property of Estate
(DBN)

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Automatic Stay:

Banks Take a Risk in Freezing a Debtor's Account During Chapter 7 Proceedings
(DBN)

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Corporate Reform:

FBI raids offices of 'Wolf of Wall Street' exec
(DBN)

The House Just Voted To Delay The Most Important Rule From The Financial Crisis
(DBN)

____________

Mass Torts:

EnPro Resolves Asbestos Lawsuit and Initiates Quarterly Dividend --- Garlock offers revised bankruptcy deal for asbestos claims
(DBN)

Garlock Deal With Future Asbestos Claimants Sets Up Battle With Present Ones
(DBN)

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Banking:

US and EU banks expect US$300b litigation bill
(DBN)

JPMorgan, Wells Fargo Results: A Tale of Two Big Banks
(DBN)

JP Morgan Chase Profit Falls 7%
(DBN)

Jamie Dimon: Banks are Under Assault
(DBN)

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Fraud:

Suit Accuses Franklin Resources Billionaire of Defrauding Investor's Heir
(DBN)

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Lehman:

Lehman Brothers To Sell Another $2.5 Billion In Unsecured Claims - Process To Wind Down Its Holdings Expected To Continue For Several More Years
(DBN)

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Consumer Services:

MN: Waldorf Nevens dry cleaning chain files for bankruptcy protection
(DBN)

___________

Politics:

How Elizabeth Warren Is Yanking Hillary Clinton to the Left
(DBN)

In presidential politics, does grammar really matter?
(DBN)

The Political Win That Could Make Elizabeth Warren the Next President of The United States 
(DBN)

Run, Warren, Run
(DBN)

Mitt's Multiple Personalities
(DBN)

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Alternative Energy:

Lawsuit alleges fraud by KiOR executives, investors
(DBN)

U.S. Solar Jobs Climb 22% as Clean Power Aids Economic Recovery
(DBN)

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Student Debt:

New Student Loan Case: No Discharge When Income-Based Options Exist
(DBN)

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Currency:

Bitcoin revealed: a Ponzi scheme for redistributing wealth from one libertarian to another
(DBN)

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UK:

5 New Years Resolutions for UK Insolvency Office Holders (And Their Staff)
(DBN)

Scheme hot topics
(DBN)

Tesco Is Junk
(DBN)

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EU:

As Eurozone Eyes New Stimulus Plan, Some Question Its Merits --- Devil May Be in the Details on European Central Bank Bond Buying
(DBN)

Mario Draghi fights a battle for independence at the ECB
(DBN)

German economy grew 1.5 percent in 2014
(DBN)

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PIIGS:

Greek anti-bailout party Syriza cements lead before vote
(DBN)

Greek central government surplus falls short of forecast
(DBN)

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Canada:

Maudore Receives a Further Extension to Make a Proposal
(DBN)

Mexx Canada liquidating stores before closing doors the end of February
(DBN)

Canada’s Atrophied Factory Sector Faces Challenges
(DBN)

____________

France:

France Follows Freedom of Speech Rally With Crackdown On Free Speech
(DBN)

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China:

Bond woes leave Kaisa wide open
(DBN)

Chinese developers' shares fall as Kaisa's woes ripple across sector
(DBN)

____________

Russia:

Russia appeals for calm as crisis forces it to cut budget
(DBN)

Russian Finance Minister: We'll Lose $45 Billion If Oil Is At $50 In 2015
(DBN)

Russia Is Losing Control Over The European Gas Market
(DBN)

Russia's Economic Crisis Is Affecting The Future Of The Brooklyn Nets
(DBN)

Russian Bank Chair: 'The Entire Economy Will Be Under Control Of The State'
(DBN)

Russian Economy Minister Cites Lenin Saying 'The Era Of Peace Is Over'
(DBN)

____________

Ukraine:

Mriya Creditors Seek New Management in $1 Billion Restructuring
(DBN)

Ukraine Lurches Back Toward War as Merkel Eyes Rapid Minsk Talks
(DBN)

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Australia:

Unemployment rate drops to 6.1%, 37,000 jobs created
(DBN)

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Venezuela:

Bondholders Spurning Chavez's Venezuela Disciple
(DBN)

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