July 21, 2015

The Daily Bankruptcy News

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Law:

Defense Lawyer Seeks to Distance Dewey Ex-Chairman from Accusations
(DBN)

Partners steer away from debt in wake of Dewey failure Law firms rely less on bank loans after Dewey collapse
(DBN)

Numbers soar among $1,000 per hour lawyers
(DBN)

Non-Rainmakers In Legal Sector - The Tragedy Of Trying Too Hard
(DBN)

Weil, Not Kirkland, Checks In For A&P's Chapter 22
(DBN)

5 Insights On Representing The Banking Industry, From Rodge Cohen Of Sullivan & Cromwell
(DBN)

Client loss rate falls to 10pc in law firms when five partners involved
(DBN)

Former Butler & Hosch employees say firm CEO’s statements are “disingenuous”
(DBN)

Magic Circle salary rise heats up as A&O catches Freshfields
(DBN)

Is A Law School Recovery Just Around The Corner?
(DBN)

Bankruptcy Lawyer: Why Self-Care Is Critical For Being A Good Lawyer
(DBN)

2 Thoughts On What To Do When You’re Exhausted And Just Want To Mail It In
(DBN)

Law Students: How To Make The Most Of Your Law Degree If You’re Not Going To Practice
(DBN)

Why an Ivy League Degree Won't Get You in This Door
(DBN)

Magic Bureaucrat Extends Gay Rights To The Workplace
(DBN)

Apple's iPhone 6S will reportedly address a complaint that's been bugging some iPhone owners
(DBN)

9 common behaviors that hurt your chances of success
(DBN)

Do these 5 things if you want to be the most-liked person in the office
(DBN)

How to stop procrastinating and start succeeding
(DBN)

The only situation in which to leave the buttons on a collar point unbuttoned
(DBN)

Here's how the New York convicts pulled off their shocking prison escape
(DBN)

Cosby's Attorney: Who Leaked the Deposition? How the New York Times obtained Bill Cosby’s deposition transcript without a court order or leak Cosby Deposition: What Was He Thinking?
(DBN)

‘Watchman’ Sales Exceed 1.1 Million Copies in First Week
(DBN)

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Judges:

Want to be a federal judge by 35? 9th Circuit’s Alex Kozinski shares some tips
(DBN)

Giving Thomas His Due
(DBN)

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Wall Street:

US stock futures waver with Apple earnings ahead
(DBN)

Stocks Close Slightly Higher Following Lackluster Session
(DBN)

How Wall Street makes its money now, in one chart
(DBN)

The Lowdown on New Highs: S&P 500 Gets to Record in 53% of Years
(DBN)

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Layoffs:

 

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Banking:

JPMorgan is $12.5 billion short of what the Fed wants it to have
(DBN)

Morgan Stanley Beats Estimates as Revenue Gain Tops Rivals
(DBN)

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Steel:

World’s Top Steelmaker Says Output Waning as Demand Stumbles
(DBN)

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Resorts:

Chinese firm seeks to dismiss bankruptcy case of Baha Mar resort
(DBN)

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Healthcare:

UMC, Children's: Neighbors in trouble together
(DBN)

UMC seeks to file own plan in El Paso Children's bankruptcy
(DBN)

Study: Probability of Obese People Reaching 'Normal' Weight Less Than 1%
(DBN)

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Autos:

The Incredible Disappearing American Car
(DBN)

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Celebs:

50 Cent rapping about how much money he has
(DBN)

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Fraud:

Corzine must face MF Global customer class action -US judge
(DBN)

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Economy:

September or Quits for Fed as Failing to Act Then Risks Delay
(DBN)

Fed's Bullard says better than 50 percent chance of Fed hike in September
(DBN)

12 Signs America is on the Decline
(DBN)

More Kids in Poverty Now Than During Recession
(DBN)

The states the most and least dependent on the federal government
(DBN)

New study shows that inequality is growing most in the US and UK
(DBN)

Most people aging out of the workforce consider retirement 'a romantic fantasy of the past'
(DBN)

Overtime Rules Send Bosses Scrambling
(DBN)

Commodities Are Crashing to 13 Year Low
(DBN)

US Debt Clock
(DBN

Economic Indicators Dashboard
(DBN)

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Real Estate:

Despite Lis Pendens, Subsequent Purchase with Notice Prevails!
(DBN)

Millions Still Owe More Than Their Home Is Worth
(DBN)

Detroit: Eastland Center in receivership after missing several loan payments
(DBN)

Chicago home sales hit new record high
(DBN)

Wingspan's Creditors Include Banks, Industry Vendors
(DBN)

Is Zillow in trouble?
(DBN)

The unbelievably lucrative business of escape rooms
(DBN)

10 best and worst cities for first-time homebuyers
(DBN)

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Municipalities:

Puerto Rico is not our Greece
(DBN)

Puerto Rico Must Pay Core Services Before Debt, Budget Head Says
(DBN)

Puerto Rico on the Brink Owes Investors $5 Billion in Next Year
(DBN)

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Student Debt:

Attorney Market for Discharging Student Loans
(DBN)

Presidential candidates ducking student loan problem
(DBN)

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Food/Beverage:

A&P files for Ch. 11 bankruptcy, 2nd time in five years
(DBN)

Which A&P Stores Are Closing?
(DBN)

A&P Bankruptcy Filing Indicates Likely Demise
(DBN)

A&P Files Bankruptcy Again After Suppliers Threaten Cutoff
(DBN)

A&P was ‘the Wal-Mart of its day.’ Now it’s filing for bankruptcy
(DBN)

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Oil/Gas:

Crude oil breaks $50 Oil prices struggle around $50-a-barrel mark
(DBN)

Oil Guru Who Called 2014 Slump Sees a Return to $100 Crude
(DBN)

Wall Street Lenders Growing Impatient With U.S. Shale Revolution
(DBN)

Iran seeks to regain oil market share regardless of price
(DBN)

After The Fire, The Fire Still Burns
(DBN)

US Banks Prepare for More Oil Loan Defaults
(DBN)

Samson Creditors Said Facing August Deadline to Obtain Financing
(DBN)

Here are the break-even oil prices for 13 of the world's biggest producers
(DBN)

Actually, Iraq is the oil market's biggest problem
(DBN)

Hotelier bankruptcy signals strain brought by oil and gas downturn
(DBN)

Halliburton is still getting slammed by the oil crash Halliburton profits fall 93 percent amid downturn
(DBN)

$2 gasoline on the way, but not until the fall
(DBN)

The number of temporarily sealed wells in the Gulf of Mexico is growing
(DBN)

Primera Energy is now under the control of Jason Searcy
(DBN)

Dallas-based Comerica Bank sees stock fall thanks to drop in energy loans, hike in provision for credit losses
(DBN)

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Politics:

John McCain responds to Donald Trump: 'I'm not a hero' John McCain describes what it was like to be a war prisoner in Vietnam Trump is right about McCain — in a way Trump Lived It Up as McCain Fought to Survive Brutal Wall Street Journal editorial shreds Donald Trump and his defenders How to handle a bully like Trump Donald Trump Is An Equal-Opportunity Offender Rick Perry compares Trump to cancer Barney Frank has a one-line zinger to sum up Donald Trump's candidacy Conservative Media Turns Against Donald Trump, For the Most Part Why GOP Can't Really Discredit Trump
(DBN)

Then There Were 16: John Kasich to Enter GOP Fray
(DBN)

Jeb Bush Takes Aim at Revolving Door in Washington
(DBN)

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Tech:

Hackers may have just cost Ashley Madison $200 million
(DBN)

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New Bankruptcy Opinions
(3 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 (10 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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Miscellaneous:

A Texas Bankruptcy Lawyer's Blog: Fifth Circuit Report: June 2015
(DBN)

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Executory Contracts:

Kentucky Bankruptcy Court Holds That Coal Mining Lease is Not an Executory Contract or Unexpired Lease and is Transferable Pursuant to Section 363 Despite an Anti-Assignment Provision
(DBN)

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Finance:

Delaware Bankruptcy Court Implicitly Enforces Agreement Among Lenders in Unitranche Loan
(DBN)

Oak Rock Financial District Court Addresses The Applicable Legal Standard For True Participation Agreements
(DBN)

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TBTF:

Fed to adopt new capital surcharges for eight largest US banks
(DBN)

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Consumer Finance:

U.S. to Expand Military Lending Act in Effort to Protect Service Members
(DBN)

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Movies:

Ryan Kavanaugh’s Relativity Considers Bankruptcy Amid Urgent Debt Pressure
(DBN)

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Debt Collection:

Eighth Circuit BAP Gets it Wrong in FDCPA Case
(DBN)

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Gambling:

Caesars Seeks Junior Creditors Approval for Restructuring Deal
(DBN)

Caesars lawsuit vs second-lien noteholders dismissed by NY court
(DBN)

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Privacy:

The hackers who stole the Ashley Madison data could sell it online for big money The Biggest Mistake AshleyMadison Customers Made: Using Their Credit Cards Ashley Madison is allowing its users to delete accounts for free - Business Insider
(DBN)

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UK:

Newly listed Gateley predicts £60 million revenue
(DBN)

Begbies Traynor finds more food firms in distress
(DBN)

Welfare costs risk making Northern Ireland as bankrupt as Greece
(DBN)

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PIIGS:

Greek banks face full nationalization National Bank of Greece Creditors Offer Funds to Prevent Losses Greece Becomes More Expensive After VAT Hikes How Greek Firms Are Coping With Massive Tax Hikes Greece pays the IMF Cash Limit Still Drag on Economy As Greece's banks reopen, the plot in Germany thickens Greece is turning into a 'zombie' state that exists solely to pay off debts How Greek firms are coping with massive tax hikes What Greek crisis? In Mykonos, the party don’t stop Grexit Deferred: The End of the Beginning for Greece? New Data Show How Bad Things Were for Greek Banks the Week Capital Controls Were Introduced Varoufakis Reveals Pegged Currency Plan for Greece, Admits Mistakes
(DBN)

This $1.2 billion 'ghost airport' is worth just $10K This billion-dollar 'ghost' airport is a creepy symbol of Spain's economic crisis
(DBN)

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Canada:

Alberta insolvency rates rise as oilsands slump
(DBN)

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Japan:

Toshiba CEO resigns over massive accounting scandal
(DBN)

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India:

No of defunct cos up 35% this fiscal
(DBN)

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Ukraine:

Insolvent banks owe over Hr 37 billion to the central bank
(DBN)

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Offshore:

BVI and Cayman insolvency law – a comparison
(DBN)

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