July 7, 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

3-Column Formating

 

Law:

Law Firms Merging At Record Pace, Report Finds Law firm mergers continue at a blazing pace, survey says
(DBN)

U.S. Legal Sector Loses 800 Jobs in June
(DBN)

The Disruption Of Biglaw Might Come, Not From Startups, But Lawyers Themselves
(DBN)

For Summer Law Interns, the Livin' Is Easy
(DBN)

Secretaries At This Biglaw Firm Are About To Get Really Annoying (Or: A New Gimmick For Timely Time Entry)
(DBN)

Lawyer Seriously Injured After Bomb Explodes At Firm
(DBN)

Suit claiming Widener law school used misleading job stats can’t proceed as class action, judge says
(DBN)

Suits by law profs claim they were fired for opposing law school’s sale
(DBN)

Law School Dean Blindsided, Steps Down
(DBN)

LSU Law School Dean/Chancellor Steps Down Due To 'Major Policy Differences With Vocal Segment Of Faculty'; Tax Prof Claims Retaliation After She Filed Sexual Misconduct Complaint Against Faculty Colleague
(DBN)

Incoming Law Dean Says He Demanded Pay Cut Before Taking Job
(DBN)

One Response to the Crisis in the Law Business
(DBN)

2 Career-Limiting Mistakes Lawyers Make During Meetings
(DBN)

Bankruptcy Lawyer: Don’t Worry, You Can Practice Mindfulness And Still Be A Jerk
(DBN)

Morris Schneider Wittstadt officially files for Chapter 11 bankruptcy Atlanta Law Firm Missing $20 Million Seeks Chapter 11
(DBN)

Trio of Women Partners Leave Baker Botts for Hogan Lovells
(DBN)

Holder to 'Cool Off' for 19 Months at Covington: What That Means
(DBN)

Serve The Client. Do Justice. But Have Fun.
(DBN)

Columbia attorneys face malpractice suit over bankruptcy case
(DBN)

If the latest iPhone leak is true, there's bad news for new buyers
(DBN)

BYOD Privacy and Policies: How to Protect Your Business
(DBN)

2 texting tricks you didn't know you could do on your iPhone
(DBN)

Do these simple exercises at your desk to help prevent carpal tunnel syndrome
(DBN)

Everyone should invest in a decent pair of shoe trees — here's why
(DBN)

How to dress for summer weddings
(DBN)

5 simple ways to sleep better tonight
(DBN)

How can lawyers maximize relaxation while on vacation?
(DBN)

Starbucks coffee is about to get more expensive
(DBN)

5 insider tips for getting noticed on LinkedIn
(DBN)

Confederate flag debate unfurls in S.C. ‘The devil is taking control' State senate votes to remove Confederate flag from South Carolina Capitol
(DBN)

New York Giants take $60 million offer off the table after player injures hand lighting off fireworks
(DBN)

2 Women facing trial for wearing skirts
(DBN)

Freed from jail Thursday, accused airline stowaway attempter is arrested again Friday and Saturday
(DBN)

Man posing as security guard steals $75,000 from Oklahoma Wal-Mart
(DBN)

Floyd Mayweather has been stripped of the WBO welterweight belt he won by beating Pacquiao
(DBN)

11th Circuit OKs wire-fraud conviction of lawyer who impersonated state bar official
(DBN)

The Colorado theater gunman's family is at the heart of his insanity defense
(DBN)

Non-Comprehensive Ranking Of Idiots Who Blew Themselves Up.
(DBN)

Cincinnati Man Beaten Almost To Death As Crowd Laughs and Jeers
(DBN)

______________

Judges:

The SCOTUS Financial Disclosure Forms They Really Hope You Don’t Read
(DBN)

Supreme Court Justice Eric Holder? Eric Holder returns to ‘last stop’ job at Covington, offers thoughts on Snowden and US Supreme Court
(DBN)

Ex-Judge Posts Fake Escort Ads of Ex-Girlfriends
(DBN)

Courts Want Congress to Back Off
(DBN)

Supreme Court Not Done Remaking America
(DBN)

Judge not: GOP blocks dozens of Obama court picks
(DBN)

Pennsylvania Judge Steals Cocaine From Evidence Room and Possibly Compromises Murder Case . . . Given Misdemeanor Deal With No Jail Time
(DBN)

Awkward Reunion: Judge Recognizes High School Friend . . . During His Bond Hearing
(DBN)

______________

Wall Street:

Wall Street set for upbeat day
(DBN)

Stocks sink as investors take Greek ‘no’ badly Global markets take Greece's 'no' vote in their stride
(DBN)

Wall Street sounds off as the Chicago trading pits go quiet for the first time in 167 years
(DBN)

______________

Layoffs:

Technip to cut 6,000 jobs as low oil price hits sector
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Retailing:

American Apparel Cutting Workers and Costs to Improve Its Financial Pulse American Apparel's new motto: “If it ain't broke, don't fix it” American Apparel warns may need more capital
(DBN)

Family Christian Stores wants creditors to vote on its Chapter 11 plan
(DBN)

____________

Coal:

Walter Lenders Said to Seek Pay Cuts, Closures in Bankruptcy
(DBN)

Peabody Energy Corporation Wants “Paradise” Lyrics Struck Off
(DBN)

____________

Fraud:

Government: Accounting exec earned leniency in Madoff case
(DBN)

Ex-HomeGold exec Sheppard to make new bid for parole
(DBN)

Ninth Circuit Quashes Ex-NHL Owner Pocklington’s Jail Sentence
(DBN)

____________

Economy:

Service sector growth ticks higher in June: ISM survey
(DBN)

Consumer spending flat in June
(DBN)

Good Luck Finding a Place to Hide as Global Markets Crumble
(DBN)

The economic spasm that could overshadow Greece
(DBN)

America's fiscal history since 1948 illustrated in one beautiful chart
(DBN)

54% of American adults living with friends or relatives plan to move out within a year
(DBN)

A 'paid friend' of the 1% reveals what it's really like
(DBN)

10 Worst States for Making a Living
(DBN)

US Debt Clock
(DBN

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

Housing the second half of 2015 not so hot
(DBN)

AIG v. FRBNY in the Crosshairs It's time to rethink Fannie and Freddie in light of AIG
(DBN)

Here’s the team that caused the Detroit foreclosure crisis
(DBN)

Corpse found in $1M San Francisco house for sale
(DBN)

RBS to Pay $13 Billion as Settlement in MBS Case?
(DBN)

Here are the top 10 rental markets for real estate investors
(DBN)

____________

Municipalities:

U.S. court upholds ruling against Puerto Rico bankruptcy law, slams exclusion
(DBN)

Puerto Rico's Precarious Position Isn't So Unusual
(DBN)

Obama Urged to Convene Crisis Group Over Puerto Rico’s Debt
(DBN)

Puerto Rico Debt Crisis: Hillary Hedges, Other Presidential Candidates Support Bankruptcy Option
(DBN)

Puerto Rico’s Chances of Bankruptcy Look Weak to Credit Suisse
(DBN)

Athens on the Caribbean
(DBN)

How Puerto Rico’s 'death spiral' is affecting everyday life Crisis in Puerto Rico Causes Exodus to the U.S. ‘Promised Land’
(DBN)

Vulture Funds Have Puerto Rico Cornered
(DBN)

Investors Pull Most Cash From Muni Funds in 18 Months on Puerto Rico Headlines
(DBN)

Some Puerto Ricans, discouraged by financial crisis, plan to move off island
(DBN)

Puerto Rico Bonds No More in Favor with Investors
(DBN)

Atlantic City is going back to non-gambling attractions
(DBN)

The economic divide is wide in these communities
(DBN)

____________

Oil/Gas:

Oil crushed as correction gains momentum The 5 big reasons for oil’s dramatic price plunge Greece And Iran Provide One-Two Punch To Oil Prices Oil rises after huge selloff, outlook weak
(DBN)

Technip to lay off 6,000 workers
(DBN)

Primera Energy owner remains defiant in bankruptcy court hearing
(DBN)

SandRidge - Abandon All Hope, Ye Who Enter Here 2.0
(DBN)

Denver oil company to study ' strategic alternatives '
(DBN)

____________

Corporate Reform:

SEC’s clawback proposal leaves a big loophole
(DBN)

____________

Politics:

Donald Trump deletes tweet attacking rival Jeb Bush’s Mexican wife Trump doubles down Fact Check: The Art of the Deal, is "the No. 1 selling business book of all time." Supporters Keep Trump in Business
(DBN)

Christie Doubles Down on Gutting Social Security and Medicare
(DBN)

The Thug Running Maine
(DBN)

Federal Judge: Senator Ted Cruz is not fit to be President
(DBN)

____________

Healthcare:

Children's makes $1M payment to UMC
(DBN)

County plans on making filing in Children's Hospital bankruptcy case on Wednesday
(DBN)

National company acquires Kendallwood Hospice
(DBN)

Here are the most and least obese states in America
(DBN)

____________

Convenience Stores:

Convenience store operator Gas-Mart USA files bankruptcy petition
(DBN)

____________

Personal Finance:

The 11 worst money mistakes to make in your 30s
(DBN)

____________

Education:

NYMA submits reorganization plan
(DBN)

____________

Financial Advisors:

CA: Investment firm Blue Companies seeks bankruptcy protection as some investors demand cash
(DBN)

____________

Banking:

HSBC fires staff over sick 'team building' video
(DBN)

____________

Aviation:

US airports claim Gulf carriers causing 'devastating consequences'
(DBN)

____________

Food/Beverage:

We Tried to Spend $50 at 100 Montaditos. We Failed.
(DBN)

____________

Celebs:

Judge to ex-billionaire: 'Where's the money?'
(DBN)

Paterson welding artisan, renovator of Stature of Liberty, filed for bankruptcy
(DBN)

Teresa Giudice Update: 'Real Housewives Of New Jersey' Star Posed With Family To Mark Sixth Month in Jail
(DBN)

____________

Electricity:

Texas AG calls out attorney in Energy Future bankruptcy AG’s office tells EFH bankruptcy lawyer to curb ‘insinuations’
(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 (31 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)

______________

Bankruptcy Reform:

If It Ain’t Broke, Don’t Fix It: ABI Commission Recommends No Change To Judicial Valuation
(DBN)

____________

SCOTUS:

SCOTUS asked to hear case involving bankruptcy sanctions against tribe
(DBN)

____________

Jurisdiction:

Narrow Means Narrow
(DBN)

____________

Personal Bankruptcy:

CD CA: Are Voluntary Retirement Contributions Deductible When Computing Net Disposable Income in Chapter 13?
(DBN)

____________

TBTF:

Biggest U.S. Banks Would Sell Off Brokerage Units in Bankruptcy
(DBN)

Fed and FDIC Release Public Portions of Banks' Living Wills Bank living wills reveal Wall St victims U.S. banks post detailed crisis plans to avoid breakup threat Big U.S. Banks Refile 'Living Wills' After Regulatory Rebuke
(DBN)

____________

Auto Racing:

Motor racing-Lotus F1 team have winding-up petition adjourned
(DBN)

____________

Telecoms:

Nortel U.S., Bondholders Lose Bid to Overturn Cash Ruling
(DBN)

____________

Resorts:

Baha Mar bankruptcy hits snag in Bahamian Supreme Court Mitchell Says Bankruptcy Filing Was 'Act Of Unfairness' Baha Mar Workers Rally In Support Of Developers
(DBN)

____________

Mining:

Molycorp gets interim bankruptcy financing as negotiations with creditors continue
(DBN)

____________

Sovereigns:

Greece has additional anti-vulture legal shield
(DBN)

____________

UK:

The UK's manufacturing sector just did the exact opposite of what George Osborne wants
(DBN)

Rolls-Royce shares are still cratering
(DBN)

____________

EU:

The euro will be stuck with austerity unless it learns to embrace democracy
(DBN)

Greek Crisis is Undermining the Philosophy of a United Europe
(DBN)

____________

PIIGS:

Athens stock market to remain closed until Wednesday New Greek Finance Minister Thrown Into the Hot Seat - Last chance Yanis Varoufakis says Greece is being 'fiscally waterboarded' Euro falls as markets await Greek news Greece’s ‘no’ vote portends chaos and pain ECB turns up the pressure on Greek banks Greek Speak: A guide to the country's debt crisis lexicon The Catharsis of a Greek Exit Europe could discuss cutting Greek debt - Germany's Gabriel Not Time for New Bailout Talks, Germany Says 'Few changes' in new Greek proposals: German media Juncker: 'We will not reach a deal with Greece today' 'Grimbo' may lead to Grexit but after a potentially long period, Citi analysts say
(DBN)

European Central Bank opts not to expand funds for flailing Greek banks Germany Stays Tough on Debt Relief for Greece The ECB just tightened the screws on Greece Greek banks are running out of money ECB maintains Greek banks' aid, but adjusts haircuts European Central Bank’s Nowotny: If Greece Misses Payment, Funds Will Be Cut Off After ‘no’ vote, punishment begins in Greece Greece Just Taught Capitalists A Lesson About What Capitalism Really Means Here’s Greece’s big fear after ‘No’ vote: Official Germany sees no reason to restart talks Merkel says door for talks remains open Piketty: Germany has no standing to lecture Greece ‘48 Hours Away From Unrest’ Predictions on what lies ahead for Greece: Experts Greece does not mark the end of the euro debacle, merely the beginning The European Union is dying before our eyes New Greek finance minister is a change of style, not substance A huge shift in who owns Greek stocks Robert Shiller's shocking call: Buy Greek stocks! Fear and trepidation in Athens' Beverly Hills How one Greek village voted for the unknown Jubilation in Syntagma tinged with fear Greece, the non-obvious lesson of a crisis Greek citizens: 'It's like being in a war without weapons' Barclays' Chief U.S. Economist Thinks The Spillover Risk Of Grexit 'Is Contained At This Point In Time' A Corpse Can't Carry Out Reform in Greece. Here's What Can. Bill Gross: 'We are in the eye of the hurricane' with Greece Greece's Problems Explained in Six Charts Debt Relief Should Be Greece's Parting Gift Wilbur Ross: Greece is a Kabuki show, not a tragedy
(DBN)

Like Greece, Italy needs to leave euro: Grillo IMF: Italy's Renzi Needs to Push Forward With Deeper Reforms Italy Amends Bankruptcy Act and Other Laws to Facilitate Restructurings and Reinforce Creditors’ Rights
(DBN)

Spain tries to avoid being Europe’s next Greece
(DBN)

Fewer bankruptcies as Spain emerges from economic slump
(DBN)

Portugal not associated with Greece's financial troubles: official
(DBN)

____________

Canada:

Halifax Rainmen files for bankruptcy, months after championship forfeit Halifax basketball team files for bankruptcy ‘We did everything we could have done’
(DBN)

Man is arrested in law firm bombing; Winnipeg police warn lawyers to watch for suspicious packages
(DBN)

____________

MENA:

UAE moves towards enacting new insolvency law UAE approves bankruptcy law decriminalizing bounced checks
(DBN)

____________

China:

China's stockmarket crash
(DBN)

Over 20% of China stocks now in trading halt
(DBN)

China Brokers Dust Off Wall Street Playbook From 1929 Crash
(DBN)

Wild ride in markets hits Beijing's credibility
(DBN)

China's desperate attempts to control the stock market will end badly
(DBN)

El-Erian: Keep a close eye on Chinese stocks
(DBN)

Here's the 21-day, 42% plunge on 'China's Nasdaq,' the ChiNext Index
(DBN)

'The Great Fall of China' is hitting other markets
(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 reach us at 281-402-3957 or 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 2014