July 31, 2015

The Daily Bankruptcy News

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3-Column Formating

 

Law:

K&L Gates Chair On Partner Exodus: Isn’t This to Be Expected? Déjà Vu All Over Again: Peter Kalis Of K&L Gates Strikes Back At Law360
(DBN)

Morgan Lewis Responds to MassMutual GC’s Takedown of Bingham
(DBN)

Shrinking number of law graduates boosts employment rate for class of 2014
(DBN)

Biglaw Firm Sued By A Fortune 500 (Former) Client
(DBN)

Why Social Media Matters for Law Firms
(DBN)

5 Things I Miss About Biglaw (Part 1)
(DBN)

Moneyball for Litigation? A Conversation with Premonition’s Toby Unwin
(DBN)

Law Schools Fight Bar Association Over How Graduates' Jobs Are Counted
(DBN)

Law Librarians May Have Killed World’s Biggest Copyright Troll
(DBN)

Restructuring & Insolvency expansion continues at King & Wood Mallesons with the appointment of Tim Klineberg
(DBN)

If You Like Watching Lawyers Make Awkward Music Videos… Here You Go
(DBN)

Meet ROSS, ‘the world’s first artificially intelligent attorney’
(DBN)

These ‘time hacks’ helped lawyer juggle practice with side business
(DBN)

Manhattan judge rules that chimpanzees aren't people
(DBN)

Air passenger suing for back injury 'caused by sitting next to obese man'
(DBN)

Law grad wins gold at Pan American Games, qualifying for 2016 Olympics
(DBN)

Zimbabweans can't understand why Americans are so upset over 'Cecil the lion'
(DBN)

Lawyer who faked records of court-ordered counseling should get 5-year suspension, panel recommends
(DBN)

A businessman used 'Find My iPhone' to find his phone after it fell from a plane
(DBN)

Lawyer is suspended partly for his ‘racist, sexist, homophobic and offensive’ language
(DBN)

Employee is accused of stealing $50K from law firm during her first weeks on the job
(DBN)

Framing A Subpar Suits Episode
(DBN)

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Judges:

Ruth Bader Ginsburg reveals the 'most disappointing' Supreme Court decision of her career
(DBN)

Judge Kozinski Makes Federal Forestry Regulations Fun
(DBN)

Judge’s ‘aggressive’ cross-examination of defense witnesses leads to overturned conviction
(DBN)

Does SCOTUS Need a Code of Conduct?
(DBN)

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Wall Street:

U.S. stock futures wobble
(DBN)

US stocks mixed at close of trade
(DBN)

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Layoffs:

Expecting 'prolonged downturn,' Shell says it will cut 6500 jobs this year
(DBN)

Mondelez plans 600 layoffs in Chicago
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Guns:

Colt Union Seeking State Aid As Troubled Gunmaker Fights Through Bankruptcy
(DBN)

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Food/Beverage:

Stick a fork in Whole Foods? Whole Foods’ sales are at the worst point since the recession
(DBN)

A&P bankruptcy sets showdown with labor
(DBN)

A&P Hires Gordon Brothers for Store Liquidations
(DBN)

The Great A&P Heading To Its Final Checkout
(DBN)

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Retailing:

Jay Goffman: Balance Shoppers' Privacy With Need to Maximize Value Lisa Donahue: Buyer Beware Jack Butler: Consumers Face Pain and Opportunity in Bankruptcy
(DBN)

Back from the dead: 12 retailers get another shot
(DBN)

Texas Attorney General Says RadioShack Knowingly Sold Gift Cards That Would Soon Expire
(DBN)

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Movies:

The mini-mogul behind Relativity Media said he'd change Hollywood, now he faces bankruptcy
(DBN)

Relativity Files for Chapter 11 Bankruptcy Relativity Media’s Path to Bankruptcy Ryan Kavanaugh's Relativity Media Files for Bankruptcy Protection Relativity Media Files For Bankruptcy : What Went Wrong Relativity to Strengthen Balance Sheet and Recapitalize Company -- $45M DIP
(DBN)

Anchorage Group to Lead Bidding on Relativity Media at Bankruptcy Auction
(DBN)

Relativity Media's Bankruptcy Filing Ripples Beyond Hollywood
(DBN)

Relativity TV Could Be Prime Target in Post-Bankruptcy Auction
(DBN)

Relativity's Downfall And The Hard Road For Second-String Film Studios
(DBN)

Relativity Bankruptcy : The Fallout for Its Movies
(DBN)

As Relativity Implodes, Filmmakers Are Left in Limbo
(DBN)

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Fraud:

Insider Trading Debate Heads to High Court
(DBN)

Ex-Wilson Sonsini Employee Sentenced to Two Years for Insider Trading
(DBN)

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Agriculture:

California judge says she'll likely uphold water cuts for farmers in drought
(DBN)

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Autos:

Post- bankruptcy Chassix gets new board, $300M in new financing
(DBN)

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Aviation:

Debris Discovery May Back Theory on Missing MH370
(DBN)

Checked bag fees are here to stay: United Airlines
(DBN)

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Taxis:

Freidman's cab companies named among N.Y. state's worst tax scofflaws
(DBN)

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Healthcare:

Nobilis Health Corp. approved to purchase Victory Plano Hospital LP
(DBN)

Bankruptcy judge limits Children's Hospital consultant fees
(DBN)

Bankruptcy judge rules EP Children's Hospital pay UMC $1.2M+ per month; debate over rent dominates hearing
(DBN)

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Banking:

Deutsche Bank Legal Tab Passes $12 Billion With Bills to Follow
(DBN)

FBI says hackers are shaking down big banks
(DBN)

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Economy:

US jobless claims increase, but still near cycle lows
(DBN)

US second-quarter GDP gains speed on consumer spending US GDP a dud but gives Fed inflation glimmer it needs The Worst Expansion Since World War II Was Even Weaker Economists React to Second-Quarter GDP: ‘By No Means Satisfying’ America is growing again! GDP report puts Fed on track for September hike Q2 GDP: Investment
(DBN)

Americans’ Sour Turn Puts Economic Worries Back in Spotlight
(DBN)

Feldstein: Middle-class incomes are doing fine
(DBN)

US govt: Years of growth weaker than we thought
(DBN)

Gross: Low rates are the problem, not the solution Low-interest rate cure creating 'zombie' economy
(DBN)

Get ready to relive the 2008 crisis: Albert Edwards
(DBN)

‘Boomerang’ Millennials Get Cozy at Home More young adults are living with their parents Why are more millennials living at home today than at the height of the recession?
(DBN)

Prepare for the Return of Budget Battles, Debt Drama and Other Washington Uncertainty
(DBN)

Alan Greenspan: This is 'extremely dangerous'
(DBN)

White House Warns States On Job-Licensing Requirements
(DBN)

What it’s like to be a part of the world’s richest 1 percent, in 15 incredible photos
(DBN)

US Debt Clock
(DBN

Economic Indicators Dashboard
(DBN)

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Real Estate:

Average US Rate on 30-Year Mortgage Falls to 3.98 Percent
(DBN)

See also Housing supply falls further, feeding prices
(DBN)

Zillow Forecast: Expect Case-Shiller National House Price Index up 4.3% year-over-year change in June
(DBN)

Ocwen Financial posts lower quarterly profit
(DBN)

'Housing Bubble 2' has bloomed into full magnificence
(DBN)

Detroit: A tale of two housing markets
(DBN)

Hundreds of thousands of NJ homes are 'seriously underwater,' report says
(DBN)

San Francisco housing prices are so insane a Wharton grad is converting shipping containers for people to live in illegally
(DBN)

More homeowners drowning in debt
(DBN)

Austin business owner wins $1 million+ in wrongful foreclosure case
(DBN)

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Municipalities:

Why Puerto Rico's debt crisis isn't contagious
(DBN)

Puerto Rico nears default as debt restructuring beckons
(DBN)

Puerto Rico Risking Point of No Return With Debt Payment Default
(DBN)

Puerto Rico: Who Should Pay the Debt ?
(DBN)

BlackRock: Puerto Rico Needs to Slash Debt by 44%
(DBN)

Gov. Snyder Confirms Financial Emergency In Wayne County
(DBN)

Moody's raises Detroit's credit rating to B2
(DBN)

In Post-Detroit Bankruptcy Era, California Protects Investors Before Pensioners
(DBN)

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Coal:

Why Alpha Natural May Be Planning to File for Bankruptcy
(DBN)

Alpha Bankruptcy Plan Shows Mines Must Die for Others to Live
(DBN)

Arch Coal: TL lenders ask admin agent to not cooperate with exchange
(DBN)

Another coal giant may be about to go under
(DBN)

Why Coal Companies Are Collapsing in Such Spectacular Fashion
(DBN)

Indonesia's Berau seeks to extend debt moratorium to U.S.
(DBN)

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Electricity:

Moody’s warns of risks in Hunt’s bid for Oncor
(DBN)

Energy Future Holdings Corp. Bankruptcy Establishes Deadline for Filing Claims Related to Current or Future Asbestos Injury
(DBN)

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Oil/Gas:

Crude poised for worst month of 2015
(DBN)

Linn Energy plunge shows oil-sector pain isn’t over
(DBN)

Shell to cut 6500 jobs as cheap oil hurts profits Shell and Centrica are cutting 12,500 jobs as oil prices fall Continued Low Oil Prices Cause Oil Majors To Cut 10,000 More Jobs
(DBN)

How Cheap Oil Is Fueling a Surge In New Factories
(DBN)

Energy Sector Implodes, No Turnaround Happening - The Great Shadenfreude
(DBN)

The Saudis don't have as much clout as everyone says
(DBN)

Buying oil stocks at these prices is just spilling money
(DBN)

Oil to hit low $30s by the end of 2015: Kilduff
(DBN)

US Senate energy panel votes to lift oil export ban
(DBN)

Some Smaller Drillers Faring Well
(DBN)

ConocoPhillips swings to loss in second quarter
(DBN)

Pioneer Energy reports quarterly loss
(DBN)

Calpine reports 86 percent net income dip
(DBN)

Enterprise Products Partners profit falls in second quarter
(DBN)

Oil companies on the brink as capex projects are canceled
(DBN)

Big oil is worried about Tesla's success
(DBN)

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Celebs:

50 Cent was literally throwing wads of cash into the air right after filing for bankruptcy 'Bankrupt' rapper 50 Cent has 24-bathroom house with a nightclub in it
(DBN)

'Conan' yanked a video of 50 Cent talking about his bankruptcy
(DBN)

Duggar family bankrupt? Jim Bob and Michelle seek funds from fans after TLC cancels 19 Kids and Counting
(DBN)

Teresa Giudice House: Reality Star Sues Bankruptcy Attorney For Putting Her In Jail, Files Malpractice Lawsuit
(DBN)

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Politics:

More trouble for Hillary Judge Explodes Over Hillary's Email Delays
(DBN)

Donald Trump's lead grows over Jeb Bush and other Republican rivals in new poll 'The Winston Churchill Of Our Time'? Donald Trump Winning Facebook by a Landslide What I Learned From Donald Trump's Supporters Mark Cuban: I would consider being Donald Trump's VP if he asked me 7 new zingers for Donald Trump The Kochs Freeze Out Donald Trump Trump wants to deport all unauthorized immigrants & let the “really good” ones back in
(DBN)

Mitt Romney rips Ted Cruz on Twitter for Obama terror comments
(DBN)

Rand Paul Reports Relatively Modest Personal Wealth
(DBN)

Rick Perry’s radical proposal to put Wall Street in its place Could America's financial reform candidate be...Rick Perry? Rick Perry's Progressive Wall Street Agenda
(DBN)

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Ethanol:

Energy Producers Fight Over Ethanol Mandate
(DBN)

Ethanol Fueled Nightmares Could be Over
(DBN)

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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 (161 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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Bankruptcy Statistics:

Tampa Bay bankruptcy filings drop as economy improves
(DBN)

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Miscellaneous:

Coming and Going Concerns
(DBN)

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Recharacterization:

Tenth Circuit Declares “No Recharacterization Without Justification”
(DBN)

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TBTF:

Can Bankruptcy Cure the Too Big to Fail Problem?
(DBN)

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Insurance:

5 Insurance Insolvency Tips for Corporate Policyholders
(DBN)

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Student Debt:

These borrowers regret their student loans most
(DBN)

An Alternative to Student Loans, But Not a Great One
(DBN)

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Finance:

Congress fails to revive Export-Import bank: How will it impact US businesses?
(DBN)

GE may be shipping $10 billion worth of work overseas
(DBN)

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Religion:

Judge Chides Lawyers on Twin Cities Archdiocese Bankruptcy Fees
(DBN)

Judge won't extend deadline for archdiocese bankruptcy claims Archdiocese clergy abuse victims have until Aug. 3 to file claims
(DBN)

New Jersey Archbishop Could Be Next To Come Before Vatican Abuse Tribunal
(DBN)

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Corporate Governance:

CEO Pride Goeth Before A Fall, Study Finds
(DBN)

Advancement Claim Addressed in Receivership Context
(DBN)

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Gambling:

5 things to keep in mind as the Caesars bankruptcy progresses
(DBN)

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Corporate Reform:

Elizabeth Warren's Crusade to Separate Investment and Commercial Banks
(DBN)

House Democrats Spar Over CFPB's Auto-Lending Rules
(DBN)

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Environmental:

Mississippi Phosphates set to plead guilty in pollution case
(DBN)

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Lehman:

Lehman Increases Money Recovery Estimate to $92.2 Billion
(DBN)

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Telecoms:

Mudrick Joins FrontFour Suing Lightstream on Debt Swap Exclusion
(DBN)

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Bankruptcy Crimes:

Clarizio hid cash, assets after filing bankruptcy , say feds
(DBN)

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Education:

Slick for-profit college marketing is starting to backfire
(DBN)

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Sovereigns:

Ukraine, Bondholders Move Closer to Deal
(DBN)

Merkel allies want investors to bear brunt of state defaults
(DBN)

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UK:

Holders of senior bank debt face rising risks
(DBN)

English schemes of arrangement: some practical advice for proponents
(DBN)

One of Britain's biggest fuel companies has been crushed by the collapse in oil prices
(DBN)

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EU:

Eurozone Inflation Subdued as Unemployment Rises
(DBN)

Germany’s Schaeuble emerges as Europe’s strongman
(DBN)

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PIIGS:

Tsipras calls Syriza party referendum on bailout Tsipras Survives for Now as Party Rebels Blast Greece Rescue IMF: No Bailout For Greece IMF lays it on the line over Greek bailout Greece says IMF is taking part in bailout talks Greece’s Problem Is More Complicated than Austerity Greek PM defends controversial 'Plan B' for euro zone exit
(DBN)

Spain's economy motors on at fastest pace since before financial crisis Spain is showing every other European economy how it's done
(DBN)

Is Ireland’s Economy Really Growing Almost as Quickly as China’s?
(DBN)

Parmalat settles ratings dispute with Standard & Poor's
(DBN)

Italy is the most likely country to leave the euro
(DBN)

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Canada:

Canadians Hand U.S. Junk Buyers Worst Losses Since Credit Crisis
(DBN)

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Russia:

US imposes further sanctions on Russian, Ukrainian firms and people
(DBN)

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Switzerland:

Switzerland's central bank lost $51 billion and the franc is getting hammered
(DBN)

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China:

China shares have worst month in 6 years
(DBN)

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