July 29, 2015

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Katten Partner Takes Stand at Dewey & LeBoeuf Criminal Trial
(DBN)

50 best law firms for women are named These are the best law firms for working moms
(DBN)

GC Slams Bingham on Diversity, Doubts Industry Can Change Bingham McCutchen was dropped by insurer over diversity, says GC
(DBN)

Biglaw Partner Whose Mid-Air Meltdown Caused Plane Diversion Is Sorry… That She Got Caught
(DBN)

Litigation Funding Looks at Bankruptcy Court Chilmark Partners and Burford Capital Launch Bankruptcy Litigation Financing Joint Venture
(DBN)

Origination Credit Days Should End
(DBN)

Ethics: Ch. 7 Attorneys Can Disburse Entire Trust Fund Flat Fee To Themselves Prepetition
(DBN)

Former Dickstein Partner: ‘I Wasn’t Looking to Move’
(DBN)

Sidley Hires Manatt Litigation Leader in L.A.
(DBN)

Dentons Dacheng unlikely to seal merger before 2016
(DBN)

Magistrate Rejects Settlement Over Size of Attorneys’ Fees
(DBN)

Avvo raises another $71.5M to fund continued expansion
(DBN)

UK: "Solicitors 'in denial' about threat from accountants"
(DBN)

UpCounsel Model Cuts Out Overhead, Partner Pool - Win-Win For Small Business, Solo Lawyer
(DBN)

Legal Process Outsourcing Comes Back Onshore
(DBN)

In the Future, More Legal Tech to Serve Corporate Clients
(DBN)

Hey, Law Students, Read The Syllabus First
(DBN)

Law School Dean Allegedly Begged Graduates Not To Take The Bar Exam — On The Day Before The Test
(DBN)

Why All Attorneys Should Learn About Entrepreneurship In Law School
(DBN)

Merchants say lawyer should lose $32M fee award over alleged email contact with opposing counsel
(DBN)

Two lawyers face charges for allegedly relying on illegal recordings in court cases Wiretap Act Charges Against Lawyers a 'Wake-Up Call'
(DBN)

Five reasons you hate LinkedIn so much
(DBN)

Facebook has added one of LinkedIn's most abused features
(DBN)

A New Way To Work Old Email?
(DBN)

5 apps for spying on your spouse
(DBN)

See how PC compares to Mac with Windows 10
(DBN)

Bankruptcy Lawyer: 10 Tips For Dealing With Infuriating Emails (Part I)
(DBN)

3 Admirable Lawyerly Traits
(DBN)

35 habits that will make you irreplaceable at work
(DBN)

11 clothing and style hacks for the modern gentleman
(DBN)

Turns out people make these snap judgments about you within seconds of meeting you
(DBN)

Ferguson cops must face excessive force suit; plaintiff was charged for bleeding on their uniforms
(DBN)

Parents of Colorado shooting victim sue ammo dealers, face $200K court fees, bankruptcy
(DBN)

Watch what happens when regular people try to use handguns in self-defense
(DBN)

4-game suspension for Patriots’ Tom Brady upheld NFL: Brady ordered cell phone destroyed There's a hole in Tom Brady's excuse for destroying his 4-month-old cellphone
(DBN)

ATM workers forget bag, man drives off with $150K
(DBN)

Accuser’s court filing blasts Cosby’s ‘media blitz,’ notes that he didn’t realize she was gay
(DBN)

Can a Public Defender Really Handle 700 Cases a Year?
(DBN)

Killing of Cecil was ‘legal,’ claims vilified dentist Cecil the Lion: the killing that’s enraged the internet, explained Getting Zimbabwe To Prosecute Walter Palmer Will Be Tricky
(DBN)

Landscaper Gets Year In Prison For Running Over Family Of Ducks With Lawnmower
(DBN)

'It sounds like a funny way to run a B&B'
(DBN)

Why the Louisiana movie theater gunman was able to buy a gun
(DBN)

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Judges:

Bio: Judge Neil Bason
(DBN)

Toddler who died in hot car was son of judge
(DBN)

Judge’s luggage rant at British Airways lawyers
(DBN)

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Wall Street:

U.S. stock futures nudge higher
(DBN)

Stocks bounce as oil recovery boosts energy; Fed meeting eyed Wall Street ends sharply higher as China jitters ebb
(DBN)

Wall Street's trading interns don't have time to use the restroom
(DBN)

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Layoffs:

Relativity Media to lay off up to 100 as bankruptcy nears
(DBN)

Arizona state universities mull layoffs as they grapple with $99M in budget cuts
(DBN)

Chevron to cut 950 jobs in Houston, 1,500 companywide
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Credit Reporting:

A Law to Kill Zombie Debts That Outlasted Bankruptcy
(DBN)

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Movies:

Major Layoffs to Hit Ryan Kavanaugh's Relativity This Week Relativity in Ruins
(DBN)

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Hotels:

Nassau makes tax deal with bankrupt Allegria hotel
(DBN)

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Resorts:

Treetops Resort emerges from bankruptcy after reorganization
(DBN)

Baha Mar Developer Izmirlian Wants Lender to Get Rid of Contractor
(DBN)

China Bank and Contractor Want Baha Mar Bankruptcy Tossed
(DBN)

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Education:

Corinthian Students, Creditors Can Vote on Liquidation Plan
(DBN)

22 college majors with the highest starting salaries
(DBN)

2015’s States with the Best and Worst School Systems
(DBN)

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Hotels:

Some Investors Bet on Puerto Rico Hotels
(DBN)

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Mining:

Freeport-McCoRan launches business review to cut costs
(DBN)

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Shipping:

Turnaround Tuesday: Struggling Shipper FreeSeas Raises Cash
(DBN)

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Economy:

UPS fires warning shot across the bow of the stock market and the Fed
(DBN)

U.S. Economic Confidence Index Continues Downward, at -14
(DBN)

Fed Is Likely to Delay 1st Rate Hike in 9 Years a Bit Longer Faster pace of Fed hikes could spook market Fed meeting may bring more volatility than expected
(DBN)

Rout in gold tells us the world is changing Gold may fall to $350 an ounce
(DBN)

A 0.1% Fed rate hike? Some think it could happen China not a major factor for Fed: Richard Fisher Fed rate hike would 'crush' US housing: Analyst
(DBN)

Rich people, surrounded by other rich people, think the U.S. is richer than it really is
(DBN)

US Consumer Confidence Falls Back Sharply in July
(DBN)

From rents to haircuts, Americans start to feel price hikes
(DBN)

U.S. Household Formations on the Rise: Hipster Economics
(DBN)

$1 of every $5 spent in US will be on health care
(DBN)

Millennials should no longer dream of ever becoming millionaires
(DBN)

US Debt Clock
(DBN

Economic Indicators Dashboard
(DBN)

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Real Estate:

Home-price gains highest in 3 cities: Case-Shiller
(DBN)

Real Prices and Price-to-Rent Ratio in May
(DBN)

Mortgage applications tick up slightly
(DBN)

SIGTARP report reveals massive failure of HAMP
(DBN)

DR Horton sees pickup in entry-level home sales Homebuilder D.R. Horton Rises, But Will Price Gains Slow?
(DBN)

Are Home Prices Again Breaking Records? Not Really Home Prices in 20 U.S. Cities Climbed at Slower Pace in May
(DBN)

This is why loan fraud is running rampant
(DBN)

LandAmerica bankruptcy coming to a close
(DBN)

Lawyerly Lairs: Litigator Leaves The Pierre, Selling $23 Million Apartment
(DBN)

Home Ownership Dips to Lowest Level in Almost 50 Years
(DBN)

Office vacancies improve in Phoenix but still above 20 percent
(DBN)

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Architecture:

Manhattan Architecture Firm WASA Studio Files for Bankruptcy
(DBN)

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Municipalities:

Federalism Form and Function in the Detroit Bankruptcy
(DBN)

De Blasio Demands Feds Let Puerto Rico Declare Bankruptcy
(DBN)

Former PR Governor: Island Needs Bankruptcy Law
(DBN)

Puerto Rico seeking alternative to $3 bln bond deal -governor's office
(DBN)

Puerto Rico default Q&A: 'Sell right now'
(DBN)

Vulture funds demand brutal austerity measures from bankrupt Puerto Rico
(DBN)

Puerto Rico Doesn't Have To Default: Report
(DBN)

Lew Warns That Puerto Rico Crisis Could Get Costly for U.S. Lew Says No Federal Bailout for Puerto Rico Treasury secretary urges expedited bankruptcy filing for Puerto Rico Letter from Secretary Lew to Senator Hatch about Puerto Rico
(DBN)

Puerto Rico Lacking Unified Voice in Congress Hurts Aid Efforts
(DBN)

Puerto Rico's Debt Woes Prompt Rallies From New York to Florida
(DBN)

Obama administration urges Congress to help Puerto Rico
(DBN)

Why US may not help Puerto Rico
(DBN)

Chicago Pension Reform--What Is Plan B?
(DBN)

Detroit Sets August Date for First Bond Sale Since Bankruptcy
(DBN)

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Oil/Gas:

Crude Oil Climbs From Four-Month Low as U.S. Equities Rebound
(DBN)

Fitch: Energy, Metals/Mining Defaults Hit Leveraged Loans
(DBN)

Billionaire said to be considering sale of U.S. shale gas holdings
(DBN)

BP posts $6.3 billion loss, warns of more layoffs ahead How Big Was BP’s $5.8 Billion Loss?
(DBN)

A renewed sense of gloom has washed over the oil markets
(DBN)

NOV courting competitors amid downturn
(DBN)

Statoil CEO: Oil Will Be $80 Per Barrel In 2018
(DBN)

Why Oil Prices Could Go Even Lower
(DBN)

Chevron cutting 1,500 jobs to help cut costs by $1B
(DBN)

Oil Companies Near Bankruptcy
(DBN)

Anadarko Petroleum posts 73 percent decline in net income
(DBN)

Struggling Swift Energy hires firm to weigh financial options
(DBN)

Pemex reports 11th straight loss
(DBN)

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Festivals:

Bankruptcy auction features Shakespeare statue
(DBN)

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Retailing:

Perry Mandarino: Responsibility Lies With Consumers Anders J. Maxwell: Retail Distress of More Concern Than Consumers Mark Roe: Assure Consumers That Gift Cards, Privacy Will be Protected
(DBN)

Lawsuits and tough competition are driving American Apparel toward bankruptcy
(DBN)

Birks Group Is On The Verge Of Bankruptcy
(DBN)

REITS Are A Very Bad Idea For Department Stores
(DBN)

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Politics:

Trump lawyer backtracks on spousal r--- remark Christie: Trump would hurt presidential credibility Fact Check: Trump: The number of illegal immigrants in the United States is "30 million" Donald Trump sells Manhattan home for $21 million Donald Trump exaggerated his wealth, analysis finds Donald Trump’s net worth — according to someone who isn’t Donald Trump Meet Roger Stone: Donald Trump adviser and longtime GOP dirty trickster
(DBN)

Fact Check: Obama: "The economy, by every metric, is better than when I came into office."
(DBN)

Why Hillary Clinton should be listening to Janet Yellen
(DBN)

See Congress polarize over the past 60 years, in one beautiful chart
(DBN)

Separating viable 2016 candidates from the trolls
(DBN)

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Theme Parks:

Trustees of Conneaut Lake Park to file formal bankruptcy plan this week
(DBN)

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Healthcare:

UMC of El Paso proposes $587M budget
(DBN)

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Currency:

Deadline for filing claims against MTGOX expires
(DBN)

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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 (13 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (21 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:

Bankruptcy Filings Down 12 Percent Since Last June
(DBN)

Distressed Company Watch List
(DBN)

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Cross-Border:

OAS S.A. Part II – SDNY Holds That Austrian Financing Subsidiary Has Its Center of Main Interests in Brazil
(DBN)

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Recent Pleadings:

Allied Nevada Equity Committee: KEIP Is A Wolf KERP In Sheep's clothing
(DBN)

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Litigation:

To Nail Your Closing Argument, Follow This Kirkland Partner's Guide
(DBN)

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TBTF:

Living Wills From AIG, Prudential Need More Detail, Agencies Say
(DBN)

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Tax:

House to Obama: Fire the Head of the IRS or We'll Impeach Him
(DBN)

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Religion:

Clergy abuse victims to ask court to extend Aug. 3 claims deadline
(DBN)

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Taxis:

Taxi King Friedman Pushed into Bankruptcy
(DBN)

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Coal:

Coal Dividends Going Way of Dinosaurs as Peabody Ends Payout
(DBN)

Coal and gas producer Consol Energy trims budget, dividend
(DBN)

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Celebs:

50 Cent Shrugs Off Tabloid Headlines Over Bankruptcy Filing
(DBN)

15 Stars You Never Knew Bounced Back From Bankruptcy
(DBN)

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Student Debt:

Teacher Discharges Loads of Student Loans in Bankruptcy . ECMC Fights Back.
(DBN)

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Banking:

Meanwhile, Back at the FDIC Failed Bank Litigation Ranch
(DBN)

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Steel:

U.S. Steel Posts Wider Loss, Revenue Decline
(DBN)

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Communications:

Standard Register gets extension for Chapter 11 plan; sale to Taylor Corp. now expected to close this week
(DBN)

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Bankruptcy Crimes:

Mass. tech exec charged with tax evasion and bankruptcy fraud
(DBN)

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Credit Reporting:

Bill Would Allow Consumers To Sue When Bankrupt Debt Isn’t Removed From Credit Reports
(DBN)

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Environmental:

Mississippi Phosphates accused of polluting waters
(DBN)

Judge wants Freedom bankruptcy disclosure simplified
(DBN)

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Personal Finance:

How much money you need to save each day to become a millionaire by age 65
(DBN)

Science says parents of successful kids have these 9 things in common
(DBN)

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Sovereigns:

UN sets principles for debt restructuring framework UN committee agrees on nine principles for restructuring sovereign debts UN moves closer to creating global bankruptcy system for indebted countries UN Votes On Global Bankruptcy Process As Key Greek Questions Remain Unasked
(DBN)

Dare to default: the case for letting governments go bust
(DBN)

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UK:

Insolvency Service: Personal insolvencies at 10-year low
(DBN)

Migrants are trying to storm the Eurotunnel to get into England
(DBN)

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EU:

German Independent Panel Favors Euro Exit for Insolvent Nations
(DBN)

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PIIGS:

Greece’s Plan B shows way to leave the euro Long way to go: Greece is miles away from a bailout
(DBN)

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Canada:

Canadian Nine West shoe store owner gets reprieve from its creditors
(DBN)

New Brunswick senior insolvency spike far outpacing population
(DBN)

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Austria:

Austrian Bad Bank "Black Swan" Bail-In Is Unconstitutional, Austria Declares
(DBN)

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China:

China's stock market crash has come at the worst possible time for Beijing
(DBN)

Why China is desperate to prop up the stock market
(DBN)

China shares fall again as Beijing scrambles to calm markets Chinese farmer invested life savings, lost it all
(DBN)

China stocks surge in final 30 minutes
(DBN)

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