July 6, 2015

The Daily Bankruptcy News

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Law:

Skadden Ranks No. 1 in Worldwide Deals
(DBN)

Who Gets the Notes? The ABA Sides With Firms
(DBN)

Lawyers in Dewey Trial Spar Over What Constitutes Proper Accounting
(DBN)

Jobs Report: Legal Services Industry Takes a Hit
(DBN)

The Post-Work World - Apocalypse For Lawyers
(DBN)

Words That Scare Women
(DBN)

Morgan Lewis Took Risks in Its Rebranding
(DBN)

Pillsbury Chair Takes Stock After Departures
(DBN)

Clients blamed for driving foreclosure firm to verge of bankruptcy Foreclosure Firm Pins Pending Demise on Non-Paying Clients
(DBN)

Lawyer is suspended for failing to disclose Paris trip that led to missed court dates
(DBN)

"He kept profits up, but at the expense of collegiality": Davies quits, Linklaters sources react
(DBN)

Decline in UK law firm merger activity
(DBN)

London firms announce outstanding results
(DBN)

LawProse: When do you capitalize “federal” and state”?
(DBN)

10 Mobile Apps to Simplify Life for Lawyers
(DBN)

What is the most underrated law school? The answer may surprise you
(DBN)

ABA Proposes Changes To Rules On Reporting School-Funded Jobs
(DBN)

Law School Sued After Firing Tenured Professors
(DBN)

Latham M&A Co-Chair Jumps to MoFo
(DBN)

BNY Mellon Lands Top WilmerHale Partner
(DBN)

A woman 'inadvertently triggered' an explosive device at a law office in Canada
(DBN)

Lawyers, Cabbies, and Uber
(DBN)

Law firm sues Vegas casino for refund of $3.4M they say partner transfered for gambling
(DBN)

Embattled lawyer says he can be accused of no more than chutzpah
(DBN)

How A Startup Attorney Uses Cloud Computing
(DBN)

Publish on LinkedIn Pulse to Establish Expertise
(DBN)

Law School Dean explains why "it may actually be a wonderful time to go to law school."
(DBN)

'Conscientious objectors' want to be exempt from issuing same-sex marriage licenses Gay Marriage Issue Roils Texas Town Montana man seeks license to marry additional wife, cites Roberts’ gay-marriage dissent Judges Who Do Weddings Can't Refuse Same-Sex Couples
(DBN)

Greatest Founding Fathers Ranked
(DBN)

7 bad habits that keep you from being successful
(DBN)

7 Simple Steps For A Successful Phone Interview
(DBN)

This $105 watch knocked everything else off my wrist
(DBN)

Judge tosses woman's parking ticket over missing comma
(DBN)

Securities allegations against Texas attorney general will be presented to grand jury Texas AG Pooh-Poohs Possible Felony Charge
(DBN)

Attorney and law student indicted in boating accident that cost passenger an arm
(DBN)

Insurers hacked tens of thousands of legal files to get an edge in worker’s comp cases, lawsuit says
(DBN)

Man punches his lawyer in court melee after being found not guilty of murder at trial
(DBN)

Hospital released man while he was delusional, says widow of slain attorney in lawsuit
(DBN)

Fox News Fan Sniffs Out Home Intruder
(DBN)

Oxford law student beat woman for spurning his advances
(DBN)

Man Dies Instantly After Launching Firework From Top of Head
(DBN)

Man Killed (By Alligator) Seconds After Mocking Gator Warning
(DBN)

Suits Is Back, Sans Secretary
(DBN)

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Judges:

Bring Popcorn for Bankruptcy Movie Series
(DBN)

Ted Cruz Is Right: The Supreme Court Needs Term Limits | The New Republic

The Supreme Court is ignoring a huge wave in American politics
(DBN)

Judge accused of stealing cocaine from evidence likely impaired, says lawyer in conviction challenge
(DBN)

Judge identifies 12 huge lies about justice in America
(DBN)

Justices' Financial Reports Shed Light on Alito 'Unrecusal'
(DBN)

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Wall Street:

 

U.S. stock futures slide as ‘Grexit’ risks rise after vote
(DBN)

Your market-panic survival guide
(DBN)Brace for possible return to the drachma, say analysts

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Layoffs:

New Job Market: Smaller Workforce, Sluggish Pay
(DBN)

ArcelorMittal Layoffs: MT Cutting 2,800 Jobs
(DBN)

BBC to cut 1,000 jobs
(DBN)

This industry has the hardest time filling jobs
(DBN)

Labor Force Participation Lowest Since 1977 Why US Labor Force Participation is So Low This Is Why Participation in the U.S. Workforce Has Plunged to Its Lowest Since 1977
(DBN)

Numbers of Unemployed for Over 26 Weeks Continues to Decrease
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Autos:

Chassix finds support for Chapter 11 exit plan Chassix Receives Court Approval of Restructuring and Recapitalization Plan
(DBN)

Ford Recalls 433K Because Engines Won't Shut off
(DBN)

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Mining:

Bankruptcy Lessons: What We Can Learn From Molycorp's Rise and Fall Molycorp woes continue despite rare earths' glow Molycorp Lines Up New Bankruptcy Loan from Oaktree Howard Marks’ Oaktree Outfoxes Apollo In Molycorp Inc Bankruptcy
(DBN)

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Bankruptcy Crimes:

Cranberry couple under investigation on bankruptcy fraud allegations
(DBN)

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Gambling:

Caesars pitches court on bonuses for its restructuring staff
(DBN)

Stockton seeks new Showboat buyer, says Straub not serious Straub, Stockton try to get out of Showboat deal
(DBN)

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Retailing:

One More Piece from RadioShack's Legacy Dismantled
(DBN)

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Communications:

Former Standard Register workers fight lawsuit
(DBN)

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Theme Parks:

Conneaut Lake Park turnaround to be arduous task
(DBN)

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Corporate Reform:

SEC Rule Would Allow Companies to Take Back Executive Bonuses Controversy Surrounds SEC’s New Proposed Dodd-Frank Executive Compensation Clawback Rules
(DBN)

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Non-Profits:

Stamford's Yerwood Center plans to file for bankruptcy
(DBN)

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Mass Torts:

BP's $18.7 Billion Oil-Spill Deal Still Leaves Lesser Messes 5 Things To Know About BP's Deepwater Horizon Oil-Spill Settlement
(DBN)

Can DuPont Spin Off Its Liabilities?
(DBN)

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Fraud:

Fraud Victims Take to the Streets—and Skies
(DBN)

Law grad gets 6 years for Ponzi scheme said to have cost investors $9.2M
(DBN)

Judge Rejects Latest Gupta Bid to Nullify Conviction
(DBN)

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Economy:

US unemployment falls to 7-year low Solid Hiring Expected for June as US Job Market Nears Normal
(DBN)

Greek jitters lift safe-haven Treasurys
(DBN)

5 Reasons to Fear the New Global Middle Class
(DBN)

Whites Have Least Faith in American Dream
(DBN)

Worst Case Scenario for the Global Economy
(DBN)

22 fascinating facts about the majority of Americans
(DBN)

The world's second-largest economy could face a full-blown stock market crash
(DBN)

16 charts that illustrate America's global dominance
(DBN)

70 Maps That Explain America
(DBN)

US Debt Clock
(DBN

Economic Indicators Dashboard
(DBN)

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Real Estate:

Sources: Morris Schneider Wittstadt declaring bankruptcy, closing immediately
(DBN)

Blessing in Disguise: Greece Crisis Could Cool Property Market
(DBN)

The most expensive ZIP code in the US is no longer in Silicon Valley
(DBN)

AK: St. John's Troubles Continue with Chapter 11
(DBN)

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Municipalities:

Puerto Rico debt mess a boon for lawyers
(DBN)

Will the IMF Bail-Out Puerto Rico?
(DBN)

Puerto Rico: The Greece of the Caribbean?
(DBN)

Puerto Rico crisis in America's back yard
(DBN)

Puerto Rico crisis serves as warning to investors
(DBN)

Puerto Rico Crisis Leaves Few Market Ripples as Yields Fall
(DBN)

Island debtor: Congress must focus on helping Puerto Rico
(DBN)

Puerto Rico: "Always the Hurricanes Blowing… And the Money Owing…"
(DBN)

Puerto Rican debt crisis sets off fresh fight in Congress Puerto Rico wants to do the one thing it isn't allowed to do to try to solve its money problems
(DBN)

Puerto Rico signals Chapter 9 push with Steven Rhodes, ex-Detroit judge, on board
(DBN)

Despair and Anger as Puerto Ricans Cope With Debt Crisis
(DBN)

The one, simple fix every government could make right now to help avoid another debt disaster
(DBN)

San Bernardino firefighters to get year-overdue raises
(DBN)

Not just Detroit: residents of nearby Michigan city face $11,000 water bills
(DBN)

How Motor City Came Back From the Brink…And Left Most Detroiters Behind
(DBN)

California Near the Top of World's Economies
(DBN)

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Privacy:

Privacy Protections in Bankruptcy
(DBN)

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Oil/Gas:

Mon: Oil tumbles 4%
(DBN)

Fri: Oil Advances as Expanding U.S. Payrolls Signal Greater Fuel Use
(DBN)

Iraq’s Oil Exports Climb to Record With Output at All-Time High
(DBN)

Regulators Warn Banks on Loans to Oil, Gas Producers
(DBN)

A Bad Week For Crude Oil
(DBN)

There is a new problem for US shale
(DBN)

U.S. oil rig count jumps up by a dozen, the first increase in 2015
(DBN)

BP to settle Deepwater Horizon claims for $18.7 billion
(DBN)

In the oil patch, challenges breed creativity and collaboration
(DBN)

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Celebs:

Teresa Giudice hits 6-month mark in prison
(DBN)

No End in Sight for Yellowstone Club Founder's Jail Time
(DBN)

LeAnn Rimes, Eddie Cibrian Struggle For Cash? Couple Unable To Pay Three-Year-Old Debt As Singer's Greatest Hits Is Set For Release
(DBN)

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Resorts:

Bahamas $3.5bn resort files for bankruptcy after extensive development delays Baha Mar Hearing Delayed, Frustrating Efforts to Pay Employees Baha Mar Wins Approval to Tap Loan Bahamas concerned about US ruling for resort developer
(DBN)

La Paloma lender wins appeal of bankruptcy plan
(DBN)

Bahamas concerned about resort bankruptcy
(DBN)

Baha Mar's Bankruptcy Is Already an Issue in the Bahamas
(DBN)

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Golf:

Nature reclaiming Seven Falls; county work stalled
(DBN)

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Cemeteries:

Homestead Cemetery closes, to file for bankruptcy
(DBN)

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Social Media:

Bankruptcy court standoff over social media passwords breaks new legal ground
(DBN)

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Student Debt:

Former Corinthian Students: Saddled With Debt, Hoping For Relief
(DBN)

Something Borrowed Makes You Blue - Student Debt And Joint Returns
(DBN)

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Debt Collection:

Madden v. Marine Midland Funding
(DBN)

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Music:

Quincy Jones: There Is No More Music Industry
(DBN)

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Trucking:

Class 8 Orders Down Again
(DBN)

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Currency:

MTGOX extends deadline for compensation claims
(DBN)

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Electricity:

Law firms feast on EFH case
(DBN)

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Soccer:

South American Soccer in Financial Crisis After Arrests
(DBN)

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Shipping:

Shipping Industry Gloomiest Since 2009 in Survey as Glut Endures
(DBN)

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Politics:

'This decision will not stand': Republicans seek common cause against same-sex marriage
(DBN)

NASCAR Moves Away From Trump Golf Tours Won't Back Trump After His Remarks About Mexicans Why Donald Trump's Corporate Allies Are Finally Abandoning Him Serta Will Stop Selling Donald Trump Mattress Line in Latest Defection Reelz Buys Rights to Miss USA Pageant as Networks Drop Trump Ted Cruz: 'I Salute Donald Trump'
(DBN)

Jim Webb Announces Presidential Campaign
(DBN)

Clinton unveiling 2016 policy ideas on families, economy
(DBN)

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Coal:

JW Resources, backed by HIG Capital affiliate, files Chapter 11
(DBN)

Report: Walter Energy bankruptcy talks accelerate
(DBN)

Patriot Coal fails to disclose leaders' pay in court filings
(DBN)

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Healthcare:

El Paso Children's Hospital future in jeopardy
(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 (15 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (52 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:

Filings Data for Central District of California
(DBN)

Bankruptcy Filings Fall 12 Percent for the First Half of 2015, Commercial Filings Drop 19 Percent
(DBN)

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Jurisdiction:

Supreme Court Further Clarifies Stern v. Marshall
(DBN)

Meet the New Sharif: Bankruptcy Court Jurisdiction in the Wake of Wellness International
(DBN)

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Bankruptcy Reform:

The ABI Commission and Preference Actions: The Practical Impact on your Practice
(DBN)

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Avoidance Actions:

Petters Strikes Again: Amended Minnesota Fraudulent Transfer Act Does Not Shelter Certain Charitable Contributions
(DBN)

Fifth Circuit Seeks Mulligan on Texas Law Question in Golf Channel case
(DBN)

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Safe Harbors:

District Court Holds Swap Claim Assignee Not A Swap Participant Entitled To Safe Harbor Rights
(DBN)

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Bankruptcy Poetry:

Being fired
(DBN)

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Discharge:

Bankruptcy Lawyer to State Court Attorneys: Call Me Before Trial, Arbitration, or Default Prove Up
(DBN)

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Professional Compensation:

The “ American Rule ” Prevails: The Supreme Court denies certain fees in bankruptcy cases
(DBN)

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TBTF:

U.S. Banks Keep Thousands of Units After Push to Simplify Them
(DBN)

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Sovereigns:

Deutsche Bank in legal wrangle over Argentine bond issue
(DBN)

'Vulture fund' says near to accelerate Argentine debt
(DBN)

Argentina Risks Forcing Bondholder Hand as Scioli Hardens Stance
(DBN)

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UK:

The bankruptcy squeeze – a blow to creditors and a boon to debtors
(DBN)

U.K. Manufacturing Grows at Slowest Pace in Over Two Years
(DBN)

U.K. Services Strengthened More Than Forecast in June
(DBN)

Government rules out legal action against Comet directors after probe
(DBN)

Scheme hot topics
(DBN)

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EU:

EU accounting rules could mask onset of another financial crisis
(DBN)

Quartet of crises threatens Europe's core
(DBN)

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PIIGS:

Oxi: EU stunned as Greeks back Alexis Tsipras with emphatic no to bailout austerity Finance Minister Varoufakis resigns Yanis Varoufakis: the controversial 'accidental economist' 'Toxic' Varoufakis is out: Time for a deal? Yanis Varoufakis in His Own Words 'Tsipras should tread lightly' Greek PM says Athens ready to return to negotiating table What happens in the next 48 hours Economists Weigh Up Grexit Options Greek minister warns of perils of Grexit Brace for possible return to the drachma, say analysts Markets tumble as Greece heads for the exit Referendum Result Takes Greece, and Eurozone, Into the Unknown The Meaning Behind Greece's 'No' Vote in the Referendum Greece After The No Vote: Four Options For Greek Banking Europe on a 'collision' course after Greek vote
(DBN)

Greeks voting on their future in Europe With 20% of votes counted, 60% of Greeks say 'No' Thoughts on the Greek Referendum and the Democracy Mismatch in Public Debt Crises Mirage of Economic Turnaround Masked New Greek Crisis in the Making Greece Analysis: When No doesn't mean No (and Yes doesn't mean Yes) Why Greece’s ‘no’ vote is really no vote at all Why the Greek referendum is the referendum from hell A referendum that will sink or rescue the Greek economy Greek bailout vote too close to call as polls close Counting underway in Greek referendum; some give edge to 'No' vote Greece votes 'No' We just got the clearest sign yet that Greece could be kicked out of Europe if it votes 'No' Greece's economy will be in ruins if there's a 'no' vote Greek Premier Wins, but Still Faces Difficult Tasks Greeks defy Europe with overwhelming referendum 'No' Tears on Greek island as voters despair Greece voters split between those queuing at soup kitchens and those hiding cash Greece Faces Another Income Inequality Squeeze Game Outlook for Greece Will Be Uncertain Even After Referendum Creditor and judge over Greece: when countries go bankrupt Greek lenders prepare for collapse if voters say no to Europe Greek kids tell us what life is like at the moment Russia Taking Full Advantage Of Greek Crisis Varoufakis says Greek banks are not insolvent Survey Says: Greece Won't Kick Creditors To The Curb, Or Leave Euro How to jump Greece's next debt hurdle Collapse of Greek Bailout Deal Brings Surprise Boost to German Coffers Greek crisis causes rift in drug industry Greece's Universities Lose Access to Digital Journals Due to Non-Payment Greece Crisis 101: No way out IMF Raises Referendum Stakes With Call for More Aid for Greece and Debt Relief Forgotten Origins of Greece's Financial Crisis Here's the Grim Future That Awaits Greece's Babies Born in the Crisis
(DBN)

Italy: Beautifying bankruptcy
(DBN)

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Canada:

Former Oiler owner avoids jail time
(DBN)

Oliver Predicts Canada’s Shrinking Economy Will Avoid Recession
(DBN)

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Germany:

Creditors of wind park firm Prokon reject bid in favor of own plan
(DBN)

German Factory Orders Fell in May as Greece Damped Optimism
(DBN)

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Russia:

Report: U.S. Government May Seize Russian Property In Yukos Case US Court issues papers to Russia over Yukos affair
(DBN)

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Australia:

Indian billionaire gives receivers a taste of the receiving end
(DBN)

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Denmark:

High Court refuses to grant anti-suit injunction restraining insolvency proceedings in Denmark
(DBN)

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Brazil:

Shunning celebrity, judge in Petrobras probe downplays his power
(DBN)

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Ukraine:

Ukrainian banks face huge losses from populist loan law - finance minister
(DBN)

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China:

Calling time on China's credit and stock market party
(DBN)

Chinese Stocks Just Lost 10 Times Greece's GDP
(DBN)

Chinese Tycoons Lose $34 Billion in June
(DBN)

China’s Stocks Decline in Biggest Three-Week Plunge Since 1992
(DBN)

China Futures Exchange Halts Some Short Sales
(DBN)

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Indonesia:

Indonesian govt appeals against Bakrie Telecom debt restructuring Indonesia Government Challenges Own Court’s Bakrie Workout
(DBN)

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Argentina:

Murder, drug cartels and misery counter Argentina's claims of falling poverty
(DBN)

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Singapore:

The impact of housing credit on personal bankruptcy
(DBN)

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Slovakia:

Restructuring the Slovak restructuring proceedings ý one step forward or two steps back?
(DBN)

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