January 8, 2015

The Daily Bankruptcy News

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Law:

Weil tops rankings as worldwide M&A activity reaches pre-crisis levels in 2014
(DBN)

McGlinchey Stafford Elects Two New Bankruptcy Members
(DBN)

Blank Rome Opens New Pittsburgh Office --- Blank Rome raids Duane Morris and Reed Smith to open new Pittsburgh office
(DBN)

Business of Law
(DBN)

Kelley Drye Starts New Year with Leadership Shakeup
(DBN)

The 9 Highest Paying Jobs of 2014
(DBN)

Above the Law’s 2014 Lawyer of the Year Contest: The Winner!
(DBN)

No Snow Days For Contract Attorneys
(DBN)

Off-site support center helps firm cut staff costs by $22.6M
(DBN)

2015: The Year That The Law School Crisis Ended (Or Not)
(DBN)

The 25 Most Influential People in Legal Education
(DBN)

Non-lawyers Practicing Law? It’s Happening in Several States
(DBN)

25 Time-Management Tips Every Young Professional Should Know
(DBN)

Lawyer iPad stories
(DBN)

30 Under 30: The Top Young Lawyers And Policymakers (2015)
(DBN)

Hitting The Snooze Button Can Impair Your Ability To Function Effectively The Rest Of The Day
(DBN)

Norton Rose Fulbright names 14 new partners in the US
(DBN)

Dallas’ Munsch law firm playing Hardt to get
(DBN)

Down Under: Law graduate unemployment hits record high
(DBN)

Increasing profits is the biggest challenge of 2015, say 55 per cent of UK lawyers
(DBN)

Harvard Professor Is 'Thrilled' To Have A Chance To Prove He Wasn't Part Of A Financier's Underage Prostitution Ring --- Sued for defamation by lawyers he criticized in civil rights case, Dershowitz says they made his day
(DBN)

Jeffrey Epstein And A Long History Of Slime
(DBN)

The Prince, The Famous Lawyer and The Lurid S-- Scandal
(DBN)

The NYPD slowdown can only turn out badly for the police --- Evidence of Racial Bias in the NYPD
(DBN)

The U.S. has more jails than colleges. Here’s a map of where those prisoners live.
(DBN)

The Overcriminalization of America
(DBN)

Angry divorcée refuses $974M check from billionaire oil tycoon
(DBN)

The Most Common Names In The Legal Profession: Is Yours One Of Them?
(DBN)

Man beats murder rap but will serve at least 20 years for threatening trial witness
(DBN)

How An Elite Narcotics Team Became The Most Brazen Drug Thieves On The Texas Border
(DBN)

Orly Taitz Is Saying Stupid Stuff Again: Amal Clooney Edition
(DBN)

Res Ipsa Loquitor
(DBN)

Lawyer dad is charged with social-host violation over daughter’s ‘Playboy mansion’ themed party --- Drunken Playboy Party for Hundreds of Lingerie-Clad Teens - Took "a small army of sheriff's deputies" to shut down
(DBN)

Police to wear adult diapers during papal visit
(DBN)

Say What?!
(DBN)

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Judges:

The proud butcher
(DBN)

Detroit Judge Found to be Psychotic
(DBN)

California Auditor Issues Scathing Catalog of Judiciary Overspending
(DBN)

Drug-court judge resigns after ethics commission calls for her removal over alcohol-related conduct
(DBN)

‘Notorious RBG’ biography in the works will be co-authored by blog creator
(DBN)

What Ruth Bader Ginsburg Taught Me About Being a Stay-at-Home Dad
(DBN)

Flooded courtrooms closed; deluge blamed on defendant accused of breaking sprinkler in holding cell
(DBN)

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Wall Street:

U.S. stocks: Futures rally as investors hope selling rout is over
(DBN)

US Stocks Rebound After Sharp Selloff
(DBN)

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Layoffs:

Wet Seal closing over 300 stores; nearly 3,700 losing jobs
(DBN)

Standard Chartered Exits Cash Equities, Eliminates 4,000 Jobs
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Retailing:

Teen retailer Wet Seal closing two-thirds of its stores --- Wet Seal closes stores in effort to stay alive
(DBN)

Wet Seal Warns of Potential Bankruptcy Filing
(DBN)

Body Central in Default, Exploring Options as Mall Stores Suffer --- Body Central Said to Prepare to File for Bankruptcy Within Week --- Why retailers like Body Central are dying
(DBN)

Marks & Spencer Is Getting Crushed
(DBN)

Cold Retail Climate Hits More Women's Stores
(DBN)

JC Penney Surges After Sales Growth Picks Up Over Holidays
(DBN)

Why no one likes indoor malls any more
(DBN)

Reis: Strip Mall Vacancy Rate declined in Q4, Regional Mall Vacancy Rate Increased
(DBN)

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Gambling:

Caesars owners seek way out of gambling debt
(DBN)

Caesars Bankruptcy ‘Like Playing 3D Chess Blindfolded’
(DBN)

Caesars Creditors Split From Group to Seek Bankruptcy
(DBN)

Atlantic Club casino to be bought by PA real estate firm
(DBN)

____________


Economy:

Slumping demand for oil sends US trade gap to 11-month low
(DBN)

Fed's Evans: US might not hit target inflation rate until 2018
(DBN)

FOMC Minutes: "Participants would want to be reasonably confident that inflation will move back toward 2 percent over time"
(DBN)

ADP Says U.S. Private Sector Added 241K Jobs In December
(DBN)

Can the US Boom While the World Busts?
(DBN)

Elizabeth Warren: 8 ways to restore the middle class
(DBN)

The US Economy Is On The Verge Of Achieving Something That's Been Unthinkable For Years
(DBN)

GOP Officially Institutionalizes Voo Doo Economics
(DBN)

Most Don't Have Money for Simple Emergency --- 60 percent of Americans can't cover unexpected expenses
(DBN)

Global stocks and dollar rise after Fed, euro near 9-year low
(DBN)

5 Reasons Why the Collapse in Oil Prices Is Not Bad for the Economy
(DBN)

US Debt Clock
(DBN

Economic Indicators Dashboard
(DBN)

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Real Estate:

Suburbs and the New American Poverty - More people with low incomes now live outside of cities—and some areas are ill-equipped to deal with it.
(DBN)

Trulia: What falling oil prices mean for home prices
(DBN)

Weekly mortgage applications fall sharply over holidays
(DBN)

Fed minutes: “Housing sector generally remained slow”
(DBN)

Fannie Mae: Consumers not confident on housing investment
(DBN)

Radian: Mortgage delinquencies steadily decrease
(DBN)

MBA: Mortgage Applications Decreased Over Two Week Period in Latest MBA Weekly Survey
(DBN)

Obama to Cut FHA Mortgage Insurance Premiums to Boost Homeownership
(DBN)

Houston's high-end housing market may moderate in 2015
(DBN)

Where Rent Was Highest in 2014
(DBN)

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Municipalities:

DIA director Graham Beal to retire from museum in June
(DBN)

America is rooting for Detroit: Obama
(DBN)

The end of political snow plowing
(DBN)

Chris Christie Blames New Jersey Taxes For Losing Mercedes
(DBN)

States receive 'worst' rank, including least integrity, ugliest
(DBN)

____________

Oil/Gas:

Drilling Down: A Deeper Look into the Distressed Oil & Gas Industry
(DBN)

Federal Reserve officials say drop in oil prices probably will boost US growth
(DBN)

WTI Oil Pares Gain After Report Shows Fuel Supply Gains
(DBN)

Oil holds above $51 as traders search for bottom --- Oil Halts 4-Day Drop
(DBN)

Bank Of America Says Brent Crude Could Slide To $40
(DBN)

How $50 oil changes almost everything
(DBN)

Obama: Enjoy Your Gas Savings Because They Won't Last Forever
(DBN)

Why do oil companies keep pumping as price falls? They can't afford not to
(DBN)

Falling oil prices creating bankruptcies, job losses
(DBN)

Small Texas oil company files for bankruptcy protection --- Tiny Texas oil and gas producer files for bankruptcy protection
(DBN)

The Downside Of Low Oil Prices Could Be A Wave Of Defaults
(DBN)

Transocean to scrap seven more rigs, take $140M charge --- Transocean’s $9.1 billion debt may be cut to junk status
(DBN)

Oil driller says its high-tech rigs can’t compete with cheap crude
(DBN)

If Low Oil Prices Persist, How Will This Impact Major Oil Companies?
(DBN)

Goldman's Oil Guru: The $50 Barrel Is Right on Time
(DBN)

Oil producers who can ride out market control it
(DBN)

Learning from the oil market
(DBN)

Oil Down More Than 50% In Last 6 Months
(DBN)

No OPEC Member Has Formally Requested Emergency Meeting
(DBN)

Crude Oil Export Plunge Widens Canada Trade Deficit
(DBN)

China is bailing out the world's teetering oil producers
(DBN)

Limiting global warming means vast fuel reserves are 'unburnable'
(DBN)

____________

Mass Torts:

Travelers Stuck With $500M Tab in Manville Asbestos Saga
(DBN)

____________

Personal Finance:

Why you shouldn’t count on your family members to take care of you when you’re old
(DBN)

The Best Things To Buy Every Month Of The Year
(DBN)

Wealthy People Make Different Choices With Their Money Than The Rest Of Us
(DBN)

10 Tips That Will Save You Money And Make You Healthier
(DBN)

____________

Politics:

Warren Criticizes Clinton Record at Union Summit
(DBN)

Sen. Elizabeth Warren supporters host parties to encourage presidential run
(DBN)

The Governor Of Connecticut Had A Parade For Himself And Almost No One Came
(DBN)

____________

Healthcare:

Deer Meadows bondholders to get $23.6M
(DBN)

SNF's bankruptcy protected Medicare certification, judge rules in 'nightmare decision' for govt
(DBN)

It's Union vs. Union in Proposed Hospital Sale
(DBN)

Hospitals' sale: Prime is the only buyer who can keep facilities open
(DBN)

Trying to Scare People Away from Obamacare
(DBN)

Workers 'squeezed' by health insurance: Study
(DBN)

____________

Alternative Energy:

Owners of two Minnesota wind farms file for bankruptcy court protection
(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 (18 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (4 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)

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Automatic Stay:

Does the Reopening of a Bankruptcy Case Re-Impose the Automatic Stay?
(DBN)

Pushing Past The Glamour Of Trial: The Quiet Skill Of Potential Case Evaluation
(DBN)

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Litigation:

Financial Analysis Of Litigation Funding Transactions
(DBN)

___________

Paper:

New owner poised to restart Old Town pulp mill
(DBN)

____________

Batteries:

Exide Technologies Enters Into Backstop Agreement With Supporting Noteholders
(DBN)

____________

Weather:

Arctic Blast from Hell About to Hit US
(DBN)

____________

Celebs:

Burt Reynolds memorabilia auction brings in $2.5 million
(DBN)

Price slashed on desperate-to-sell Giudice NJ mansion
(DBN)

The Remaining NFL Playoff Quarterbacks Have A Huge Gap In Career Earnings
(DBN)

____________

Sovereigns:

Is the Odious Debt Doctrine an “Out” for Argentina?
(DBN)

Venezuela Bondholders Dismiss Maduro as Default Looms
(DBN)

Kicillof stands behind government’s anti-vulture strategy
(DBN)

____________

UK:

UK health system critical as waiting times worst in decade
(DBN)

Bank of England accused of incompetence in run up to crash
(DBN)

The Bizarre Animal Code Names BofE Used For Failing Banks
(DBN)

Retail administrations drop 35% in 2014
(DBN)

Tesco to Cut Prices, Close Unprofitable Stores
(DBN)

Irwin Mitchell appoints Stephen George as restructuring and insolvency partner
(DBN)

Hundreds of Scottish jobs at risk as fashion chain USC moves to appoint administrators
(DBN)

Death of UK deep coal mines nears
(DBN)

High Court judge disagrees on whether creditors can access bankrupt's pension savings where pension not in payment
(DBN)

____________

EU:

Deflation Threat Rises As Euro Plumbs New Depths
(DBN)

Euro's Drop is a Turning Point for Central Banks Reserves
(DBN)

Europe's Worst-Case Economic Scenario Has Arrived And There May Be No Way Out
(DBN)

Europe's Retail Sales Got A Christmas Boost In November
(DBN)

European stocks climb, fueled by QE expectations
(DBN)

____________

PIIGS:

Criminal cases loom for disgraced Drumm in the US and at home --- State begins Drumm extradition process --- Drumm faces large legal bills if he fights any attempt to extradite him --- Any attempt to extradite David Drumm fraught with difficulty --- US judge damns David Drumm with withering words
(DBN)

Merkel Spokesman: No, We Aren't Planning For A Grexit --- Merkel wants Greece to stay in the euro zone --- UK Elections Could Pave The Way For Greece's Euro Zone Exit
(DBN)

Portugal Telecom shares plunge in value amid fraud investigation
(DBN)

___________

Canada:

Maudore Announces Bankruptcy of its Subsidiary Aurbec Mines Inc.
(DBN)

____________

France:

France's deadliest terror attack in at least two decades --- Cop begging for life executed --- 12 Killed At Paris Humor Mag
(DBN)

7 Arrested In Paris Shooting Investigation; 2 Gunmen Still At Large --- Gunmen In Paris Shooting Reportedly Spotted In Northern France --- Policewoman Shot Dead In Paris This Morning
(DBN)

____________

Germany:

German industry orders suffer unexpected slump in November
(DBN)

____________

Japan:

Japan’s birth rate problem is way worse than anyone imagined
(DBN)

____________

Poland:

Poland Plans Job Cuts, Mine Sales to Rescue Top EU Coal Producer
(DBN)

____________

China:

China fourth-quarter GDP growth may slow to 7.2%
(DBN)

Why Chicago law firms are learning Mandarin
(DBN)

Kaisa default points to troubling debt scenario
(DBN)

____________

Russia:

Rouble's woes spread to other ex-Soviet currencies
(DBN)

Russia Is Using Western Courts To Go After Its Wealthy Fugitives
(DBN)

____________

Cyprus:

Final bill of insolvency package ready
(DBN)

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