July 8, 2015

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Law Firm Mergers Record Highest Midyear Number
(DBN)

Cravath's $295-an-hour interns court contempt
(DBN)

Summer associate perks proliferate; pay is $3,000 a week at some firms For The 10% Of Law Students Able To Snag A Summer Associate Position, The Living Is Easy
(DBN)

Dewey trial might put law firms off from listing on stock exchanges Dewey Trial Points to Clash of Big Law and Securities Markets
(DBN)

Alleged details emerge about the collapse of Butler & Hosch
(DBN)

OSG Malpractice Suit Against Proskauer Goes Forward
(DBN)

Mystery surrounds identity of HSBC ‘legal team’ involved in mock-execution video
(DBN)

Major Atlanta law firm files for Chapter 11 MSW Firm Says Bad Publicity From Creditors' Suits Sparked Its Bankruptcy Big Firm Files For Bankruptcy After $20 Million Goes Missing Once-mighty real estate boutique files for bankruptcy, a year after claimed $30M embezzlement
(DBN)

Quinn Slashes Summer Program. Should Your Firm?
(DBN)

Clifford Chance posts 2 per cent drop in PEP to £1.12m with revenue down to £1.35bn
(DBN)

Ashurst PEP drops nearly 4 per cent while revenue rises by £3m
(DBN)

Greek crisis hits international firms
(DBN)

How Much Should Your Law Firm Spend on Marketing?
(DBN)

Law Firms & The Landing Page
(DBN)

Mayer Brown sets up Hong Kong association with 280-lawyer firm
(DBN)

Wragges seals Gowlings tie-up to create Anglo-Canadian powerhouse
(DBN)

Norton Rose Fulbright posts "steady" global revenue of $1.792bn
(DBN)

Bankruptcy attorney suspended for two years for affairs with 4 clients
(DBN)

Bankruptcy prof steps in again to fill law dean gap at UNB
(DBN)

How I’m Looking For A Professional Services Provider In 2015
(DBN)

‘Just’ice Denied
(DBN)

Biglaw Partner’s Social Media FAIL
(DBN)

11 habits that can hurt your reputation at work
(DBN)

Answer these questions to find out if you're a workaholic
(DBN)

How to be interesting (in 12 simple steps)
(DBN)

Why small talk is so excruciating
(DBN)

Adopting this surprising habit of highly intelligent people can make you look smarter at work
(DBN)

FBI raids home of 'Subway diet' spokesman Jared Fogle
(DBN)

How to find out if someone unfriended you on Facebook
(DBN)

11 features Apple 'borrowed' from Android in the last year
(DBN)

When Must Lawyers Ethically Encrypt Data?
(DBN)

The Efficiency Checklist: 3 Technology Tips For Solo And Small-Firm Lawyers
(DBN)

The Devil Went Down To South Carolina
(DBN)

Prudes Ruin Beach S--, Send Man To Jail
(DBN)

Congress quietly renewed a ban on gun-violence research
(DBN)

S-- Addiction Not A Mitigating Factor In Disciplinary Proceeding
(DBN)

The Christian Terrorist Who Vowed to Kill Muslims and May Go Free
(DBN)

'Complicated' Support for Confederate Flag in White South America's Worst Racists? In the Northwest
(DBN)

Lawyer hurt by package bomb will return to work ASAP, bar president says
(DBN)

Lawyer can’t learn identity of anonymous Avvo critic absent defamation evidence, appeals court says
(DBN)

Woman Arrested For Calling 911 To Complain About Subpar Chinese Food
(DBN)

Fla. lawyers found guilty of arranging opponent's DUI arrest 3 lawyers ‘maliciously’ set up opposing counsel for midtrial DUI arrest, referee says
(DBN)

Lawyer is disbarred for ‘social media blitz’ intended to influence custody case and top state court
(DBN)

Time Warner owes $229,500 to woman it would not stop calling
(DBN)

Liar Liar: Former Dorsey & Whitney partner gets reciprocal discipline for throwing associate under the bus
(DBN)

Bodybuilders Brutally Punish Kid for Pop Tart
(DBN)

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Judges:

BK NV: New Mega Case - Turnberry/MGM Grand Towers, LLC
(DBN)

Second Circuit Takes Firm Stance On Educational Value Of Being Poor
(DBN)

Blogging judge calls political candidate “unfit’ for office’
(DBN)

7th Circuit criticizes lawyer for raising too many issues on appeal
(DBN)

Why We Need an All-Women SCOTUS
(DBN)

Why 2016 will be a Supreme Court election
(DBN)

Cruz once clerked for a chief justice, but he’s no longer a friend of the court
(DBN)

OK governor defies Supreme Court — Ten Commandments will stay at capitol
(DBN)

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Wall Street:

US futures tank on China plunge, Greece jitters
(DBN)

US stocks close higher as Greece debt talks proceed
(DBN)

Inside the life of a Wall Street intern: It's not very hard, but it's grueling
(DBN)

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Layoffs:

Army plans to cut 40,000 troops and lay off 17,000 The biggest and most disruptive layoffs in America are coming from the military
(DBN)

Dallas Morning News offers new round of buyouts to 30 employees
(DBN)

Microsoft preparing for more layoffs
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Fraud:

Corzine, Ex-MF Global Officials to Settle Investor Lawsuit For $64.5M
(DBN)

Man gets 18 months for 'pretty good' bankruptcy fraud that sprung cars from auto pound
(DBN)

The US is cracking down on a $68 million Ponzi scheme aimed at 'wealthy Chinese'
(DBN)

____________

Television:

TiVo Makes Pitch to Former Aereo Customers
(DBN)

____________

Retailing:

American Apparel couldn't live with Dov Charney—but can it live without him?
(DBN)

Reis: Mall Vacancy Rate unchanged in Q2
(DBN)

____________

Autos:

Russia and Argentina's auto markets have both endured massive collapses
(DBN)

Tesla’s biggest one-day drop in five months
(DBN)

____________

Tax:

Swindled payroll clients see a sliver of chance to recoup
(DBN)

____________

Education:

A surprising reason for rising college tuition
(DBN)

____________

Healthcare:

El Paso County to be directly involved in Children's Hospital's bankruptcy case
(DBN)

El Paso Children's Hospital has enough money to pay bills until end of month
(DBN)

Nurses Registry president agrees to pay $1 million to resolve government allegations
(DBN)

____________

Telecoms:

Nortel’s Bondholders and U.S. Division Lose Bid to Upset Ruling
(DBN)

____________

Convenience Stores:

A 'Complex' Bankruptcy for Gas-Mart USA
(DBN)

____________

Mining:

Fate of global rare earth miners rests on China smuggling crackdown
(DBN)

Oaktree Loan For Molycorp Nets Interim OK But DIP Fight Isn't Over
(DBN)

Victory Nickel blames falling oil prices for missing interest payments
(DBN)

____________

Guns:

Colt Defense Announces Financing Agreement with Creditors
(DBN)

____________

Environmental:

Limited court filings hint at spill case against Eastman, water company
(DBN)

____________

Debt Collection:

Robo-signing 2.0: Student Loan Collection
(DBN)

Texas Debt Collection Act Claims Not Limited To Borrowers
(DBN)

____________

Weather:

Seen Lots of Droughts, but This One's Different
(DBN)

____________

Economy:

IMF again warns Fed to hold off on rate hikes IMF to Congress: Do as I say, not as I do
(DBN)

US entering steady growth pace: IMF
(DBN)

Growth set to slow in major economies: OECD
(DBN)

US job openings hold at record high Job openings are at a record, but workers aren't quitting for them June Jobs Report - The Numbers
(DBN)

JPMorgan's ultimate guide to the markets and the economy
(DBN)

Why its wrong to say worker wages haven't gone anywhere since the 1970s
(DBN)

Greeks barely buy anything from the U.S. Are Greece and China repeating history? Greek turmoil will keep Fed’s hawks at bay Both Greece and China could 'ignite a global systemic meltdown'
(DBN)

This list of 'junk' companies keeps getting longer
(DBN)

There's a modern-day equivalent to hiding money under your mattress, and Americans are flocking to it
(DBN)

More Venture Capitalists Start To Fear Startup Bubble Will Soon Pop
(DBN)

Here Are Central Banks Who Have Been Getting it Right — and Wrong
(DBN)

The game is rigged against hard-working Americans
(DBN)

Long Term Drivers of Economic Growth & Profits
(DBN)

'Americans are definitely workaholics'
(DBN)

US Debt Clock
(DBN

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

Home prices rise 1.7% in May: CoreLogic House Prices up 6.3% Year-over-year in May
(DBN)

Mortgage Applications Increase in Latest Weekly Survey, Purchase Index up Sharply YoY
(DBN)

Phoenix Real Estate in June: Sales Up 20.5%, Inventory DOWN 16% Year-over-year
(DBN)

Fannie Mae raising mortgage modification interest rate yet again
(DBN)

San Francisco exhibiting potential signs of a housing bubble
(DBN)

Surging rent will turn a lot of renters into buyers
(DBN)

Here are the hottest 20 housing markets in America right now
(DBN)

Mortgage credit availability stalled in June
(DBN)

Countrywide: Behind the Curtain
(DBN)

____________

Municipalities:

Puerto Rico Lenders Said to Hire Davis Polk, Form New Group
(DBN)

The Puerto Rico crisis, explained in fewer than 500 words
(DBN)

Puerto Rico's governor considering appeal over Recovery Act decision
(DBN)

Franklin Advisers, OppenheimerFunds to work with Puerto Rico on credit plan
(DBN)

Hillary Clinton: Puerto Rico should have option of bankruptcy Hillary Clinton pushes 'fair shot' for debt-saddled Puerto Rico 2016ers tiptoe around Puerto Rico's debt bomb
(DBN)

Congress Pressured on Puerto Rico Bankruptcy Legislation Democratic Congressmen Working on Bills Granting Commonwealth Chapter 9 Benefits No. 2 U.S. House Democrat supports legislation to restructure Puerto Rico debt House Panel Chairman Seeks to Revive Puerto Rico Bankruptcy Bill
(DBN)

Puerto Rico Preemption Redux: Back to You, Congress
(DBN)

America's third-biggest school system is in financial trouble
(DBN)

Debt-ridden Puerto Rico fails in bid for municipal bankruptcy rights
(DBN)

Tremors from Puerto Rican debt crisis likely to be felt in CT
(DBN)

As Debt Crisis Looms, Puerto Ricans are Left Holding the Bag
(DBN)

Puerto Rico debt crisis: Is the island energy subsidiary to blame?
(DBN)

Detroit council to reconsider rejection of water rate hike
(DBN)

States ranked by fiscal performance
(DBN)

How New Jersey's fiscal woes stack up to other states
(DBN)

Illinois Budget Battle Approaches Meltdown
(DBN)

Can California Find a Way Out of Its Pension Calamity?
(DBN)

State spending battles go into overtime
(DBN)

States face shaky financial futures; pensions at risk
(DBN)

____________

Oil/Gas:

Crude oil is all over the place U.S. crude resumes fall as investors seek safe havens Oil prices are poised to fall further as Iran deal looms Why oil could revisit its lows and then some Don’t Panic, Nothing Has Really Changed In The Oil Markets
(DBN)

U.S. oil output still barreling toward 45-year record
(DBN)

Investors want Primera Energy's bankruptcy dismissed
(DBN)

Quicksilver Resources gets more time to reorganize
(DBN)

Apollo Appears Positioned as Winner Under Lightstream Debt Swap
(DBN)

The Market Has Already Moved Onto ‘Re-Fracking’
(DBN)

Market analysts are rethinking shale
(DBN)

Hugh Gas Projects Stranded by Climate Action
(DBN)

____________

Politics:

Donald Trump just took another hit Trump Cries: Some of My Comments Distorted Miss Universe Fires Back at Trump Now a clothing giant is cutting off ties with Donald Trump Donald Trump just gave the Donald Trump-iest statement possible
(DBN)

Clinton wants access for Puerto Rico to US bankruptcy laws Jeb Bush and Hillary Clinton support bankruptcy rights for Puerto Rico
(DBN)

Payday lenders gave $15M to GOP campaigns in 2014 races: report
(DBN)

Bernie Sanders has Hillary Clinton on edge
(DBN)

B------ owner considers run for Harry Reid's seat
(DBN)

____________

Personal Finance:

15 things you're better off buying used
(DBN)

How long it can take to pay off $2,000 in debt
(DBN)

Accountants share their 8 best money tips
(DBN)

These are the 5 worst deals in U.S. air travel
(DBN)

____________

Lehman:

Dick Fuld selling Sun Valley home
(DBN)

Lehman Case Shows Blurred Lines on Repos
(DBN)

Lehman Settles Derivatives Dispute Over Putnam Swaps
(DBN)

____________

Video Games:

Reporter kicked out of latest hearing on 38 Studios
(DBN)

____________

Software:

Judge appoints federal trustee to oversee Thinkstream
(DBN)

____________

Gambling:

Union: Hundreds lack health insurance at Taj Mahal casino
(DBN)

____________

Religion:

Supreme Court Asked to Take Milwaukee Archdiocese Cemetery Dispute
(DBN)

____________

Social Media:

Social Media Passwords: Property of the Estate?
(DBN)

____________

Religion:

Attorney releases more names of priests accused of abuse
(DBN)

____________

Mass Torts:

Ford accused Weitz & Luxenberg of gaming asbestos recovery system during $11M case; Firm denied claims
(DBN)

____________

Food/Beverage:

Shake Shack stock tumbles amid analyst's warnings
(DBN)

How Starbucks Gets Away With Charging a Fortune for Cheap Beans
(DBN)

Twinkies are not just back from the dead. Their baker may now be worth billions.
(DBN)

____________

Bankruptcy Crimes:

Dallas Man Pleads Guilty to Federal Offense in Bankruptcy-Related Case
(DBN)

____________

Student Debt:

Undue Hardship Discharge of Title IV Loans in Bankruptcy Adversary Proceedings
(DBN)

____________

Corporate Reform:

Report: JPMorgan to pay $125M in settlements over credit card probes
(DBN)

____________

Rail:

Arizona Railroad Approaches a Potential Final Chapter
(DBN)

____________

Shipping:

Samsun Logix bankrupt again
(DBN)

____________

Trucking:

4th Monthly Decline in Class 8 Truck Orders
(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 (17 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (5 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:

 

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Appeals:

Ninth Circuit Holds That Confirmed and Substantially Consummated Bankruptcy Plan is Appealable to District Court
(DBN)

Incorrect Time Stamp Means Revival of Bankruptcy Appeal, Panel Rules
(DBN)

____________

Professional Compensation:

U.S. Supreme Court: Attorney’s Fees Provisions Must be Strictly Construed
(DBN)

____________

Bankruptcy Poetry:

Climate Change
(DBN)

____________

Trustees:

A Tale of Two Circuits: Recent Applications of the Barton Doctrine
(DBN)

____________

 

Recent Pleadings:

 

______________

Litigation:

Opposition Research For Litigators (Part 2)
(DBN)

Litigation funding can be a 'win-win'
(DBN)

____________

TBTF:

Will Banks Living Wills Satisfy Regulators This Time?
(DBN)

Banks Promise No Lehman Moment By Relying On Unfinished Derivative Rule Change
(DBN)

Living wills no way to run banking industry: Bove
(DBN)

Three takeaways from State Street’s funeral plans in the event of disaster
(DBN)

Richard Levin to Testify about Bankruptcy Legislation before US House of Representatives Subcommittee
(DBN)

MetLife Calls the Regulators' Bluff
(DBN)

____________

 

Resorts:

Chinese firm blames bankruptcy of Bahamas resort on developer
(DBN)

Paradise Lost: Mounting Problems Stymie Baha Mar
(DBN)

Govt Blamed For Baha Mar Pay Delay
(DBN)

Paradise lost in The Bahamas?
(DBN)

Bahamas Super Resort Stalled in Bankruptcy
(DBN)

____________

Coal:

Bill introduced to shore up miners' pensions and health care
(DBN)

____________

Sovereigns:

Deutsche Bank accuses NML of harassment over Argentine bonds
(DBN)

Deutsche Bank moves to block subpoena
(DBN)

Greece Doing Best Argentina Impression Gets Fernandez's Approval
(DBN)

____________

UK:

Schemes of arrangement and why loan note investors should be wary of governing law amendment mechanisms
(DBN)

The UK EU Referendum: In or Out? Shake it all about….
(DBN)

U.K. Accounting Watchdog Probes RSA’s Irish Scandal
(DBN)

London Hedge Fund Fell for 'Coutts' Scam on Friday Afternoon
(DBN)

1000 criminal law firms to be cut from legal aid work Legal aid lawyers aren't on £200 an hour
(DBN)

Barclays fires CEO Antony Jenkins
(DBN)

UK: Fewer Shops Close As Retail Administrations Fall
(DBN)

____________

EU:

Europe's Headaches Are Just Beginning
(DBN)

Grexit would start 'the end' of the euro: Piketty
(DBN)

European Central Bank Holds Key to Greece's Future
(DBN)

Why German bonds could be riskier than Greece’s
(DBN)

Grexit would start 'the end' of the euro: Piketty Piketty's argument about Greece's debt has three massive holes in it
(DBN)

Gundlach: A 'Grexit' would be the beginning of the end of the euro
(DBN)

____________

PIIGS:

Greek leader says country preparing detailed rescue plan REPORT: Greece just laid down its plans for another 3-year bailout Tsipras says new deal must offer ‘light at end of tunnel’ for Greece Greek leader calls for a new deal with Europe for beleaguered Greeks Tsipras 'confident' of Greek debt deal Greece in or out? It's a 'close call' ECB: No deal, no more Greek ELA Europe is planning humanitarian aid for Greece — something usually reserved for war zones Euro zone gives Greece until Sunday for debt deal EU Economics Commissioner: Up to Greece to Have Deal by Sunday
(DBN)

How a Chaotic Grexit Could Wipe Out $1.4 Trillion in Global M&A
(DBN)

Oil Development Best Hope for Greece
(DBN)

Greece clings to eurozone hope as Alexis Tsipras battles banking collapse Tsipras' Victory Is Greece's Loss Greece can pay wage, pensions next week: Official To Greeks, German offers of help sound more like a threat Eurozone summit possible on Sunday to back plan for Greece: sources Barack Obama pushes Angela Merkel to back down as eurozone leaders openly prepare for Greek exit EU's Tusk: Greece's final deadline is this week Greece: A Look at the Major Disagreements Between the Country and European Leaders Staying or going? Four key ways to avoid a euro exit It took only 2 days for everyone to realize that the Greek vote was an 'irrelevant circus' Greece’s new money could be many, not one… Solutions for Greece needed within days, EU leaders warn Kinder, Gentler IMF Austerity Stance Came Too Late to Aid Greece Greece needs — and deserves — some Keynesian remedies Europe is blowing itself apart over Greece - and nobody seems able to stop it Nowotny Says Greek Bridge Loan Option Needs Discussion Here's What Could Happen Next in Greece Greece, Dead Or Alive, Is Bearish Greece is losing financial access to the internet How Greece's Bank Bailout Benefited Greeks Why Greece's economy can’t just grow its way out of this mess A Yale economist's take on the Greek debt crisis Greek firms fear slow death as bank freeze cuts off imports EU’s Oettinger says Greece likely to issue IOUs, could pave way to Grexit Greece's lenders: who has most to lose? Greece’s Debt Restructuring, Like Others, Is No Morality Tale Is Grexit legal? EU lawyers try to make it so The silver lining in a ‘Grexit’ A couple of strange ways Greece’s crisis could end Hot Euro, drachma, bitcoin? Greece’s currency options Swiss airline pilots 'carry cash' for Greek flights
(DBN)

Material changes to the Italian Bankruptcy Law Proposed new rules to facilitate debt restructuring of Italian companies
(DBN)

Bank of Italy warns bad loans market may not reach adequate size
(DBN)

Nama defiant over sale of €5.7bn in loans to US fund US law firm backs Project Eagle investigations
(DBN)

Bankrupt Corrie star Ryan Thomas jets off on fifth holiday this year
(DBN)

____________

Canada:

Nine West stores caught in bankruptcy protection
(DBN)

Halifax Rainmen replacement franchise still possible, says NBLC commissioner
(DBN)

____________

MENA:

UAE Cabinet okays draft law on bankruptcy
(DBN)

____________

China:

Accusations fly over China stock meltdown Here's a simple explanation of why Chinese stock markets are in free fall right now China's stockmarket crash: A red flag
(DBN)

More than 40% of Chinese stocks in trading halt
(DBN)

China's investors see savings 'fall into an abyss'
(DBN)

China’s stock-market collapse is not over yet
(DBN)

Copper sinks to 2009 lows as China jars markets
(DBN)

People driving with IV drips sticking out of the window is now a common traffic violation in China
(DBN)

China’s $3 Trillion Stocks Rout Puts Car Sales in ‘Meat Grinder’
(DBN)

Hong Kong stocks down 8% amid China sell-off
(DBN)

Chinese stock markets continue nosedive as regulator warns of panic
(DBN)

China’s stock crash is just beginning: Gold
(DBN)

____________

Argentina:

No, Argentina isn’t a role model for Greece
(DBN)

____________

Iceland:

The Lawyers Who Saved Iceland's Economy
(DBN)

____________

Russia:

Recession in Russia is hitting Chinese border towns
(DBN)

____________

Australia:

Restructuring and insolvency developments in Australia’s commodity and mining sectors
(DBN)

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