July 27, 2015

The Daily Bankruptcy News

View prior editions: Click Here
View prior case summaries: Click Here
Search prior headlines: Click Here
Search prior case summaries: Click Here

Format For Mobile Device




Law:

Bankruptcy firm chief sues ex-associate for $1M over rival firm’s claimed software conspiracy
(DBN)

Big Law’s Here to Stay
(DBN)

The 2015 A-List
(DBN)

BigLaw moves to protect itself against raids on top lawyers
(DBN)

Take a Peek at Others' Paychecks [CHART]
(DBN)

Defense Lawyer Nixes Insurance Testimony on Dewey's Health
(DBN)

Business of Law
(DBN)

Is Law School Back in Vogue?
(DBN)

"Doing A Lusitania" - Will That Become Slang For Going To Law School
(DBN)

9 In 10 Students Drop Out Of Unaccredited Law Schools In California
(DBN)

Kaye Scholer MP’s Run-In with Prof. Kingsfield
(DBN)

Lawyer slapped with £2,000 fine for dropping big 'N-word' bomb
(DBN)

Law Firm Managers Should Use Technology But Remember Its Limits
(DBN)

The Top 10 Law Firms for Overall Diversity
(DBN)

Georgia sues Carl Malamud group, calls publishing state’s annotated code of laws online unlawful
(DBN)

Appellate Court Weighs In on Supermodel Stock Saga
(DBN)

Law Firm Ropes & Gray Expands to Over 300K SF in Rockefeller Center
(DBN)

Law Firms See Insurance as Bulwark Against Data Breach
(DBN)

Lawsuit claims Oakland NAACP president defrauded bankruptcy client
(DBN)

Law firm submits latest $40M bill in Madoff case, cites $553M recovery BakerHostetler reaches $700m tally in fees on Madoff liquidation
(DBN)

9 tips and tricks to get the most out of your iPhone's email app
(DBN)

The one unexpected skill every professional needs
(DBN)

5 Ways to Look Even Better on LinkedIn
(DBN)

7 ways to talk about yourself without sounding like a jerk
(DBN)

The last word on which types of collars require a tie
(DBN)

Appearance mistakes holding you back at work
(DBN)

If you're a balding guy, you should follow these simple rules
(DBN)

Not getting enough sleep might be way worse for you than we thought
(DBN)

11 lessons from 'The Art of War' on getting ahead at work
(DBN)

Louisiana shooter was able to buy a gun even after decades of mental problems
(DBN)

Police chases kill more people each year than floods, tornadoes, hurricanes and lightning — combined
(DBN)

The Questions About The Death Of Sandra Bland That Still Need To Be Asked
(DBN)

The Bigoted County Clerk Lawsuit We’ve All Been Waiting For
(DBN)

New York Magazine just dropped a bombshell Bill Cosby cover story
(DBN)

30% of lawyers in India are fake
(DBN)

______________

Judges:

U.S. judge in lawsuit against Jay Z over logo won't recuse
(DBN)

SCOTUS Popularity At All-Time High, Low
(DBN)

Former judge on work-release duty from jail
(DBN)

______________

Wall Street:

U.S. stocks poised to join in China selloff
(DBN)

European shares slide taking cues from Asia
(DBN)

Stocks Close Sharply Lower Amid Renewed Economic Worries
(DBN)

Why U.S. stocks are no bargain
(DBN)

Minefield for market with Fed, earnings, commodities
(DBN)

______________

Layoffs:

Mining Companies Slash Jobs as Commodities Prices Slide 6,000 people lose jobs at Anglo-American
(DBN)

Xerox to cut 3,000 jobs
(DBN)

Haggen to lay off over 700 in Southern California
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Coal:

Arch Coal's Future Gets Darker
(DBN)

Arch Coal’s Saving Grace Debt Swap Said to Draw Lender Fire
(DBN)

Is the sky falling for the coal industry or not?
(DBN)

Patriot Coal V. UMWA: How Bankruptcy Court Filing Affects Miners
(DBN)

____________

Financial Literacy:

Research says this is what you need to teach your kids in kindergarten if you ever want them to go to college or get a job 12 things to teach your kids about money before age 12
(DBN)

____________

Food/Beverage:

A&P made one mistake that undermined its business
(DBN)

UFCW Statement on A&P Bankruptcy Developments
(DBN)

Main Line SuperFresh stores to rebrand as ACME in wake of A&P bankruptcy
(DBN)

Popular Austin restaurant chain Z'Tejas files for bankruptcy
(DBN)

A man who knowingly sold tainted peanut butter that killed 9 people could be sentenced to life in prison
(DBN)

____________

Fraud:

MF Global creditors to recoup more as bankruptcy nears end
(DBN)

MF Global Brokerage to Sell Litigation Rights to Parent
(DBN)

____________

Financial Planners:

Bankrupt certified financial planners outed on professional website
(DBN)

____________

Autos:

Investigators Narrow GM-Switch Probe - U.S. Attorney largely rules out charging auto maker with bankruptcy fraud
(DBN)

Record $105 million fine for Fiat Chrysler over recalls
(DBN)

____________

Construction:

Bankruptcy trustee claims Trulands undervalued, raided company artwork
(DBN)

____________

Banking:

Ailing bank's holdings sold off
(DBN)

UBS sees profit jump 53% after early earnings release
(DBN)

____________

Gambling:

Caesars Examiner Center Stage as Bond Suits Threaten Bankruptcy
(DBN)

____________

Pensions:

What really happens when pensions disappear
(DBN)

____________

Taxis:

Taxis warn of industrywide collapse
(DBN)

How Uber Won the Big Apple
(DBN)

Uber Makes Its Pain New Yorkers' Problem
(DBN)

College President Becomes Uber Driver 'To Experience How Americans Work'
(DBN)

____________


Economy:

Philly Fed: State Coincident Indexes increased in 40 states in June
(DBN)

Gap Widening as Top Workers Reap the Raises
(DBN)

The least meaningful job in America
(DBN)

Half of the US population lives in 244 super-dense counties
(DBN)

The country is split on whether the economy is getting better
(DBN)

Here's each state's current unemployment rate
(DBN)

How your parents’ income determines your future
(DBN)

Why earnings are literally running out of gas
(DBN)

Businesses are getting steamrolled on the minimum wage. Here’s why.
(DBN)

The remarkably high odds you’ll be poor at some point in your life
(DBN)

Millennials' lack of debt may be a sign of trouble
(DBN)

US Debt Clock
(DBN

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

New-home sales tumble 6.8% in June; supply low Comments on New Home Sales
(DBN)

Home prices approach pre-crisis peak
(DBN)

A Tale of Two Residences
(DBN)

What Went Wrong at Wingspan?
(DBN)

Massive pay hikes for Fannie, Freddie CEOs fall under Congressional scrutiny
(DBN)

Darden Creditors Resisting Temptation to Carve Up Real Estate
(DBN)

What falling prices in the Hamptons are telling us
(DBN)

____________

Municipalities:

Puerto Rico should worry bond investors
(DBN)

PREPA Debt Moratorium May Foreshadow Puerto Rico s Plan
(DBN)

Puerto Rico Should Collect Unpaid Taxes, Hedge Fund-Backed Economists Say Puerto Rico Need to Cut Debt Doubted by Hedge-Fund Backed Study Puerto Rico can fix debt problems without default: economists
(DBN)

How Puerto Rico’s Inability to Pay Debts Would Affect Americans and Investors
(DBN)

Exodus from Puerto Rico could upend Florida vote in 2016 presidential race
(DBN)

Let Puerto Rico declare bankruptcy
(DBN)

Puerto Rico bondholders present debt plan
(DBN)

What a federal financial control board means to Puerto Rico
(DBN)

Judge rules against Chicago pension law Judge says 2014 Chicago pension overhaul unconstitutional
(DBN)

Fearing bankruptcy, Washington counties get creative
(DBN)

4 options loom as Wayne County weighs financial crisis
(DBN)

___________

Celebs:

50 Cent is the new Lehman Brothers
(DBN)

50 Cent Proposes Bankruptcy Professionals
(DBN)

7 Ways Donald Trump and 50 Cent Are the Same Person
(DBN)

Ex-NBA star went from $108 million to bankruptcy NBA's Antoine Walker offers young athletes financial advice after bankruptcy
(DBN)

Celebrity status with a big income doesn’t guarantee financial smarts
(DBN)

____________

Politics:

Election 2016: John Kasich talks Wall Street, time at Lehman
(DBN)

This is Hillary Clinton’s Elizabeth Warren moment Hillary's Email Troubles Deepen Hillary Clinton's first truly interesting economic proposal Hillary Clinton is trailing the 3 strongest Republican candidates in 3 key swing states AFL-CIO may delay endorsement of Clinton as 2016 presidential candidate
(DBN)

Donald Trump is surging some more in a fresh batch of polls Donald Trump tops CNN poll of 2016 Republicans Dennis Rodman just endorsed Donald Trump Donald Trump still battling lawsuits from defunct Trump University On Sunday, Donald Trump Showed Why His Campaign Is Doomed Why Donald Trump is rich and you’re not How Donald Trump treats numbers differently from most people
(DBN)

As Democrats fret over 'sharing economy,' GOP moves in
(DBN)

Poll: GOP Approval Lowest in Decades
(DBN)

Jeb Hit by Backlash Against Medicare Stance
(DBN)

FactCheck: Sanders on State of the Rich
(DBN)

Ex-Idaho Rep. Phil Hart settles federal tax dispute
(DBN)

____________

Movies:

Lenders ready to push Relativity into bankruptcy : sources
(DBN)

____________

Shipping:

Grain Shipper Files for Bankruptcy, Citing Biotech-Corn Battle
(DBN)

Lithuanian Shipping Company files for bankruptcy
(DBN)

____________

Oil/Gas:

Drop in commodity pricing, liquidity drives upstream bankruptcy filings
(DBN)

Oil prices fall, pressured by China rout
(DBN)

Traders Now Playing for $40 Oil
(DBN)

Sudden Drop in Crude-Oil Prices Roils U.S. Energy Firms' Rebound
(DBN)

This Is Why A Serious Decline In U.S Shale Plays Is Not Far Away
(DBN)

Default worries close bond market door to E&P names
(DBN)

U.S. Oil Rig Count Adds 21 Last Week, Largest Increase This Year Return to drilling sends rig count up by 21
(DBN)

More job losses coming to U.S. shale WSJ: More Oil Industry Layoffs Coming
(DBN)

Saudis Expand Price War Downstream
(DBN)

The oil crash has done nothing for America
(DBN)

Deals are down in Texas, but that's likely to change
(DBN)

Top energy bosses buck trend of falling executive pay
(DBN)

Tax planning when investing in distressed assets
(DBN)

‘Seller Capitulation’ fueling increase in sale of energy sector assets
(DBN)

Q&A series: Financial distress in the energy sector
(DBN)

Sefton Resources update on former Executive Chairman litigation
(DBN)

9 Reasons Why We Should Be More Worried About Low Oil Prices
(DBN)

How low energy earnings are hurting the S&P 500
(DBN)

Oil Price Rout Set To Inflict Real Pain On Russia
(DBN)

Will ‘Corner Office Syndrome’ Be The Downfall Of Canada’s Oilfield Services?
(DBN)

____________

Tech:

Failed Tech Startups Fuel Insolvency Firms
(DBN)

____________

Labor:

Union a winner as labor law trumps stay in Taj Mahal bankruptcy
(DBN)

____________

Human Resources:

Corporate Resource Services Chapter 11 Petition Filed
(DBN)

____________

Resorts:

Building The Chinese Century Hits A Wall At Baha Mar
(DBN)

____________

Hockey:

Oilers, Erie Otters reach debt deal
(DBN)

____________

 


New Bankruptcy Opinions
(5 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 (23 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:

 

______________

Miscellaneous:

The Week Ahead
(DBN)

____________

Bankruptcy Reform:

Proposed Law Would Prevent Stripping Off Recall Obligations In Bankruptcy
(DBN)

____________

Plan Confirmation:

Divided Ninth Circuit Directs Review of Lender's Appeal from Cramdown Order
(DBN)

____________

Avoidance Actions:

Judge Bauer Reversed, Trustee Clawback Power Strengthened
(DBN)

____________

Safe Harbors:

Assignee of Swap Early Termination Payment Not Entitled to Safe Harbor Protection from Automatic Stay
(DBN)

____________

Obituaries:

John Sherman Estey, 89, former law firm chairman
(DBN)

____________

Electricity:

Energy Future favors Hunt debt repayment plan About face: Hunt Consolidated still in running to get Oncor Amended Energy Future Plan Would Give Option for Bondholder Buyout of Oncor
(DBN)

____________

Healthcare:

Doctors Hospital in Pontiac files for bankruptcy again
(DBN)

El Paso Children's Hospital defends hiring consultants
(DBN)

Imris set to emerge from bankruptcy pending sale approval
(DBN)

Parkview, CMHC battle over hospital land, assets
(DBN)

St. Vincent Healthcare sanctioned for seeking debt eliminated in bankruptcy
(DBN)

____________

Education:

Bankruptcy Court Wants to Discharge Spousal Consolidation Student Loans. Educational Credit Management Corporation Says, "Not So Fast."
(DBN)

____________

Consumer Finance:

5 most debt-burdened cities in America
(DBN)

____________

Retailing:

American Apparel on brink of bankruptcy as investors expect 'horrible' results
(DBN)

Amazon is up 26,939% from its first trading day
(DBN)

Retail just lost its 2nd busiest shopping season
(DBN)

____________

Bankruptcy Crimes:

Plea hearing scheduled in Hoover case
(DBN)

____________

Asset Protection:

Hiding Assets In Sham Trust Results In Alter Ego Finding And Denial Of Discharge
(DBN)

____________

Personal Finance:

Advice For Parents With Children Living At Home After College
(DBN)

____________

Mass Torts:

Houston MDL dismisses 30,000 asbestosis cases statewide
(DBN)

____________

Religion:

Diocese wants to hold 'bling' bishop accountable for excesses
(DBN)

Animated map shows how major religions spread around the world
(DBN)

____________

Credit Reporting:

U.S. alleges credit monitoring company failed to offer services paid for
(DBN)

____________

Sovereigns:

‘Vultures’ spat turns into legal labyrinth
(DBN)

Will Wall Street's Most Famous Vulture Batter Ukraine?
(DBN)

____________

UK:

Payday lender to provide £20m in redress
(DBN)

____________

PIIGS:

Debt conundrum to keep Greek banks in months-long freeze Capital controls: how Greece is protecting its banks Greece financially cut off from the rest of the world, looks to protect its banks in months-long freeze Greek bank deposits fell by 8 billion euros in June - ECB Why Greece Should Leave the Eurozone New Greek bailout talks to begin Greece bailout monitors question access to ministries The real reason Greece worried everybody Greece wants the IMF to join in upcoming bailout talks Greek PM Tsipras under pressure over covert Syriza drachma reports Greek stock market will remain closed on Monday, might reopen on Tuesday - official sources Austerity is bad but bankruptcy is 'much worse,' says Greece's top spokesman Greece, the Sacrificial Lamb Greek officials reportedly wanted to raid central bank reserves to prepare a return to the drachma Greece Really Should Leave The Euro, The Economics Is Entirely Clear Here The great Greece fire sale Yes, there really was a secret plan to hack the Greek state and bring back the drachma
(DBN)

Ex-head of Portuguese bank BES put under house arrest
(DBN)

EU opens in-depth study of Portugal's Banif restructuring
(DBN)

____________

Canada:

Lessons from Nortel crash ignored, say investors
(DBN)

Target's struggle to sell stores exposes Canada's weak retail leasing market
(DBN)

____________

Jamaica:

Interim insolvency boss gets $10-million salary
(DBN)

____________

Russia:

Russian austerity: Putin fires 110,000 officials
(DBN)

____________

China:

Shanghai plunges 8% as Beijing seems to pull back Chinese stocks just had their worst day since 2007
(DBN)

Why everyone blames China for slumping commodity prices
(DBN)

____________

Moldova:

A brazen bank robbery and Russian money laundering have plunged Moldova into one of the most bizarre financial crises on earth
(DBN)

____________

New Zealand:

First rise in bankruptcies since 2009
(DBN)

____________

France:

France Loves Its Farms But Cannot Pay For Its Farmers Forever - Either Adapt Or Disappear
(DBN)

French vote could send shockwaves across Europe
(DBN)

____________


The Daily Bankruptcy News is primarily a curated news link gathering service.   Most of the headlines contained in the publication are a collection of links to stories posted on the Internet by various third party publications.  Such content is owned by third party sources, not The Daily Bankruptcy News, and in some cases, these links change or expire, which means you may not be able to view some news stories in prior editions of the Daily Bankruptcy News. The DBN subscription fee is not a fee for access to the content of the links, but is a charge for the considerable work involved in gathering, organizing and presenting the links. Use of this site and The Daily Bankruptcy News is subject to our Terms of Use. If you received The Daily Bankruptcy News via email (and you have a paid subscription account), to view a news story, click on the headline, and the story should open in your web browser. To view additional stories, click back to the email and click on additional headlines, which will cause new stories to open in your web browser.  You can view the Daily Bankruptcy News on the web by clicking here.

Advertising
Advertising is available in The Daily Bankruptcy News. Click here for details  Feel free to contact us with any questions.

Passwords/Subscriptions
Access to certain links in The Daily Bankruptcy News is available only to readers holding a paid service subscription. These links are currently marked with a "DBN" notation. The cost of a subscription is $62/year, payable annually.  Volume discounts are available for sites with multiple users. Click here to see a schedule of discounts. Complimentary subscriptions are available for full-time educational and governmental employees and for full time students. For information about discounts or educational/governmental subscriptions, contact us by clicking here. A separate password is required for each member of a firm wishing access to restricted links.

New readers can receive a free password good for 30 days by clicking here. 30-day passwords are not available to readers who have previously had a password, even if the password was associated with a different email address used by the reader. Refunds are not available after purchase.

Readers who wish to change their passwords should click here. Readers who have forgotten their password should click here.

Adding Your Email Address To The Distribution List
If you would like to start receiving The Daily Bankruptcy News by email each day, click here, and fill in the information requested. There is no charge to be placed on the distribution list to receive the headlines, although access to many of the links behind the headlines requires a paid subscription (see above, under Passwords). If, after adding your email address to the distribution list, you do not receive an email confirming the addition, please contact us by clicking here for help.

Removing Your Email Address From The Distribution List
If you already receive The Daily Bankruptcy News by email and you wish to remove your email address from the distribution list, click here and send the email that should appear. You do not need to type anything in the body of the email message. Note that the email asking for removal must be sent from the same email address which is on our distribution list. If you do not receive an email confirming deletion of your email address from the distribution list, contact us by clicking here for help.

If receive the publication forwarded from an older email address, you will need to contact us as described below for help removing that older address from our distribution list.

Press Releases/News Tips
Please send press releases and news tips to admin@bkinformation.com

Contact Us
The Daily Bankruptcy News is published each business day by BKINFORMATION.COM, L.L.C. You can phone or text us at 281-402-3957. You can email us at accounting@bkinformation.com (email inquiries are usually answered substantially more quickly than phone inquiries). Our mailing address is 935 Eldridge Road, No. 350, Sugar Land, Texas 77478.

Copyright 2015