June 10, 2015

The Daily Bankruptcy News

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Law:

As Jurors Fight Drowsiness, Bank Exec Takes Stand At Dewey Trial Prosecutors Cite Emails Suggesting Dewey Defendants Duped Lenders
(DBN)

UK court says ex-Dewey leader must repay $540K capital loan; he hopes US court will cancel it Barclays wins case over loans to law firm partners
(DBN)

Layoff Watch: Biglaw Firm Hands Out 100+ Pink Slips New Back Office at Littler Mendelson Prompts Layoffs
(DBN)

Law School Applications Keep Falling
(DBN)

Young Lawyers Could Face ‘Tax Bomb,’ Says Professor
(DBN)

After a Year of Departures, Firm Suffers Gut Punch
(DBN)

Boies, Schiller & Flexner to Move to NYC’s Hudson Yards
(DBN)

Elite Female Lawyers Still See Few Name Partners Among Them
(DBN)

Childless Women Are Scorned
(DBN)

Lawyerly Lairs: Skadden Royals Sell Their Palatial Pad For $11.8 Million
(DBN)

Gateley partners receive £25m from successful UK flotation It’s Easy To Joke About Money When You Own A $4.8M Stake Of Your Firm
(DBN)

Corporate Lawyers Get A New Toy
(DBN)

Barnes & Thornburg opens Dallas office with 2 partners from Gardere Wynne
(DBN)

Receiver Asks Court to Revoke Napoli's Access to Firm Funds
(DBN)

Freshfields chucks £500 pay rise at trainees as top partners take home nearly £1.5m
(DBN)

Nelson Mullins opens NYC office, expands capital markets practice
(DBN)

SCOTUS sides with Jenner’s Steege in Wellness case
(DBN)

2L Embarrassed On Late Night TV
(DBN)

Summer Fun For Law Students
(DBN)

Why lawyers will love iOS 9
(DBN)

Which MacBook? Choosing Between Stamina, Speed and Style in Apple’s Laptops
(DBN)

Why Data Visualization Is Becoming An Important Legal Trend
(DBN)

Lawyers Over-65 - Should ABA Develop Competency Tests As Is AMA
(DBN)

Expansion Strategy a Factor In Nelson Brown's Decline
(DBN)

11th Circuit OKs in-cell trial of defendant who said he would come to court ‘kicking and screaming’
(DBN)

Take it From The Tao: Know When to Stop Talking
(DBN)

GC: It’s My Job to Explain Business to Outside Lawyers
(DBN)

The Modern Gentleman has a critical decision to make when tying his tie
(DBN)

Apple's newest software will help fix one of the biggest problems with the iPhone
(DBN)

Superintendent drops charges for cheering at graduation; ACLU sees First Amendment violation
(DBN)

The Feds Have Their Own Crop Of Whacky-Tobacky In The Heart Of Mississippi
(DBN)

Kentucky Police Are Completely Awful
(DBN)

Lawyer tries to hire hitman to kill wife
(DBN)

'Jeoffrey' commits multiple torts against Catelyn and Sansa in Game of Thrones-inspired law exam
(DBN)

Sacked Apprentice lawyer wants you to fund her business
(DBN)

2nd Circuit: Man gets new trial in major tax fraud case because suspended lawyer lied to get on jury
(DBN)

Lawyer and self-described 'crook' lied her way onto a huge criminal fraud trial
(DBN)

Witness Declines to Comment by Stubbing Cigarette Out in Reporter's Face
(DBN)

Police: Man on stolen bulldozer smashed occupied house to smithereens, violating a protective order
(DBN)

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Judges:

Reid rips McConnell over judges
(DBN)

SEC Appointment of In-House Judges ‘Likely Unconstitutional’
(DBN)

Scalia skewers graduation platitudes at granddaughter’s commencement
(DBN)

Law professor: Supreme Court ruling against gay marriage would produce 'chaos'
(DBN)

Prosecutor seeks judge’s removal for allegedly interfering with intern’s drunken-driving arrest
(DBN)

Why Has a Key Federal Judgeship in Wisconsin Been Vacant for 2,000 Days?
(DBN)

Supreme Court justices rule in favor of companies they invest in, study finds
(DBN)

Did A Judge Just Undermine The Administrative State With SEC Ruling?
(DBN)

Scalia Gives Shout-Out To Creationists
(DBN)

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Wall Street:

 

AP analysis: More 'phony numbers' in reports as stocks rise
(DBN)

Stock pullback coming this summer: Analysts
(DBN)

Alleged Flash-Trade Mastermind Lived With Parents and Couldn’t Drive
(DBN)

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Layoffs:

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Mining:

What may be next for the last US rare earths miner
(DBN)

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Retailing:

What's next for Sears? Only Eddie Lampert knows for sure Is Sears Going Bankrupt ?
(DBN)

Future of Family Christian Stores in flux as bankruptcy judge hears objections to sale Family Christian Stores awaits ruling after marathon hearing
(DBN)

Quicksilver – the Death Spiral Begins
(DBN)

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Satellites:

Ex-Im Hasn't Given Up on Recovering $100 Million NewSat Launch
(DBN)

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Environmental:

Settlement proposal filed in Freedom Industries lawsuit
(DBN)

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Autos:

Fiat Shares -- Worth More Dead Than Alive? Prosecutors Broadly Use Mail-Fraud, Wire-Fraud Statutes
(DBN)

____________


Economy:

Job openings jump to highest since December 2000 BLS: Jobs Openings increased to 5.4 million in April, Highest on Record
(DBN)

JPMorgan Economist: Get Ready for the Economy to Produce Way Fewer Jobs
(DBN)

Millennial job woes are a drag on the U.S. economy
(DBN)

Why Job Growth Isn't Helping Many Americans
(DBN)

Poll: CEOs Now Lukewarm on the Economy
(DBN)

Wholesale inventories up 0.4% in April, versus expectations for 0.2% gain
(DBN)

Ben Bernanke: I'm not sure so sure about that Wall Street Journal op-ed about the Fed
(DBN)

The US labor market is rapidly approaching a major milestone: full employment
(DBN)

Guess who's spending billions to create US jobs
(DBN)

Where Did All the Construction Workers Go?
(DBN)

FactCheck: US 6.6M Working Part Time
(DBN)

Gen X Is All Grown Up and Still Miserable
(DBN)

US Debt Clock
(DBN

Economic Indicators Dashboard
(DBN)

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Real Estate:

These Are the 13 Cities Where Millennials Can't Afford a Home
(DBN)

Las Vegas Real Estate in May: Sales Decreased 2.5% YoY
(DBN)

Mortgage Applications Increase in Latest Weekly Survey, Purchase Index up 15% YoY
(DBN)

What you’d need to earn in every state to rent a decent apartment
(DBN)

The baby boomer building boom
(DBN)

Foreclosure inventory sinks 25% in April The top 5 foreclosure hot spots
(DBN)

Hovnanian shares tumble as incentives weigh on earnings
(DBN)

Survey: Most Americans believe the housing crisis isn't over
(DBN)

Grove Estates collects confirmation
(DBN)

___________

Municipalities:

Puerto Rico Needs Reform, Not Bankruptcy
(DBN)

Setting the record straight on Puerto Rico
(DBN)

Puerto Rico Path to Easing Cash Crunch Hinges on Insurer Demands
(DBN)

Puerto Rico's debt crisis and the siren song of after-the-fact bankruptcy
(DBN)

PA: Municipal pension bill clears hurdle
(DBN)

Rauner Says Illinois Speaker Makes Millions From Tax System
(DBN)

Christie's pension cuts ruling reversed
(DBN)

____________

Oil/Gas:

Oil prices climb; demand forecasts ahead Crude oil is spiking
(DBN)

Boomerang Tube files of Chapter 11 bankruptcy protection
(DBN)

Primera Files Bankruptcy in Wake of Receivership Primera Energy opposes Chapter 11 trustee Tempers flare at Primera Energy bankruptcy hearing Alfaro loses control of Primera Energy’s assets
(DBN)

Three Possible Takeover Targets In The Canadian Oil Patch
(DBN)

A Glut For Natural Gas Too?
(DBN)

Cerberus Said to Plot Samson Workout Plan Against Blackstone
(DBN)

EIA: Major U.S Shale Plays Have Peaked, Expect Decline To Kick In
(DBN)

Saudi Arabia says it's pumping more oil to meet higher demand
(DBN)

____________

Corporate Reform:

Dentons client RBS ordered to hand over privileged documents in Libor case
(DBN)

Top banks pay $300 billion on post-crisis litigation - as costs continue to rise
(DBN)

Treasuries Collusion Said to Be Hunted in Next Wave of Probes
(DBN)

The bank that was ‘too big to jail’ will lay off 25,000 workers
(DBN)

Why Elizabeth Warren is wrong about the SEC
(DBN)

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Accounting:

As FIFA Scandal Grows, Focus Turns To Auditor KPMG
(DBN)

____________

Fraud:

July Trial Date For Cay Clubs Principals In Alleged $300 Million Ponzi Scheme
(DBN)

$102 Million Demand on Banks for Ponzi
(DBN)

Did European partner help Rezko stiff a creditor?
(DBN)

How Corrupt is America?
(DBN)

____________

Aviation:

American Joins Delta in Cutting Revenue Forecast as Demand Slips
(DBN)

____________

Politics:

Deep in debt, Rubio bought an $80,000 speedboat and leased a $50,000 luxury SUV Rubio said to have ‘struggled’ with his finances
(DBN)

____________

Student Debt:

Questions of Cost in Plan to Aid Defrauded Students
(DBN)

Blaming personal finance victims for their moral failings is easy. They’re not the problem.
(DBN)

The default in our student loans
(DBN)

Student Debt Strikers Call Fed's Loan Forgiveness Plan a Bureaucratic Sham
(DBN)

Committee Requests Freeze on Student Loan Collection in Bankruptcy of For-Profit College Corinthian students ask court to freeze debts
(DBN)

____________

Disruption:

Now disruptors are going after the financial sector
(DBN)

Why disruption happens a lot less often than CEOs think
(DBN)

____________

Weather:

U.S. has its wettest May on record
(DBN)

____________

Coal:

Peabody Energy: Give ‘Em Credit But It’s Still All About Coal Prices
(DBN)

Unsecured creditors object to Patriot's bankruptcy loan
(DBN)

____________

 


New Bankruptcy Opinions
(10 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Chapter 7, 12 & 13 Private Trustee Locator
(DBN)

Recent Ch. 11 Filings (34 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (31 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:

Interactive Bankruptcy Statistics Map
(DBN)

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Avoidance Actions:

Standard Register creditors file suit over WorkflowOne deal
(DBN)

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Cross-Border:

Pitfalls for Foreign Enterprises Seeking To Restructure Under the Bankruptcy Code
(DBN)

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Litigation:

eDiscovery Is Moving to the Cloud
(DBN)

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Insurance:

D&O Insurance: Debtor-in-Possession Claims and the Insured vs. Insured Exclusion
(DBN)

____________

Privacy:

The best ways to keep your identity safe, according to the world's top security experts
(DBN)

____________

Soccer:

FIFA's Jack Warner allegedly stole $750,000 of Haiti earthquake money
(DBN)

Administrators announce Parma bid not valid
(DBN)

____________

Gambling:

Casino union to Icahn: Benefit elimination 'not OK'
(DBN)

In Atlantic City, the gold's turning to sand
(DBN)

____________

Education:

Face it: America’s experiment with for-profit colleges has failed
(DBN)

When a for-profit college goes under, who should pay?
(DBN)

____________

Guns:

Gun maker Colt heads toward bankruptcy showdown with bondholders
(DBN)

____________

Personal Finance:

Five Things I Was Willing to Give Up to Save Money
(DBN)

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Auto Racing:

Ferrari: New rules must not bankrupt teams
(DBN)

____________

Banking:

These Are Global Banking's Winners and Losers Since the Crisis
(DBN)

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Radio:

Bankruptcy Buy Results in Big ROI
(DBN)

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Catalog and Mail Order:

Can CVSL Inc. Avoid Bankruptcy ?
(DBN)

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Celebs:

Todd Chrisley's Wife Tolls Company Bankruptcy Case
(DBN)

____________

Mass Torts:

Report: GM investigated for wire fraud
(DBN)

____________

Sovereigns:

A judge ruled Argentina owes $5.4 billion, not $1.7 billion -- and everyone is freaking out
(DBN)

Belgium to Block ''Vulture'' Funds from Profiting on Government Debt
(DBN)

____________

UK:

U.K. looks at new crackdown on markets
(DBN)

____________

EU:

S&P Cuts Ratings on European Banks
(DBN)

Will HSBC Job Cuts Be a Blueprint for European Banks?
(DBN)

European Equities Contract as Greece Approaches Economic Crossroads
(DBN)

____________

PIIGS:

Grexit would be 'start of the end for the eurozone,' says Tsipras German FinMin Schaeuble: Things With Greece Are Still Complicated European Commission President: Meeting Tsipras Now a Waste of Time Greek Govt: We Have Compromised, Expect Institutions to Meet Us Half Way
(DBN)

New Greek Budget Plan Falls Short of Last Week’s Pledge EU officials swiftly dismiss new Greek reform offer Germany's Schaeuble says differences remain Greece working to revise proposal to seal deal by Wednesday-source Greeks chose poverty, let them have their way It's time to end the pretense: Greece will never fully repay its bailout loans Greek exit would trigger eurozone collapse - Tsipras
(DBN)

Pensions in Greece Feel the Pinch of Debt Negotiations
(DBN)

____________

Canada:

B.C. Court of Appeal Affirms Refusal to Certify Business Practices and Consumer Protection Act Claims
(DBN)

____________

France:

Despite the recovery, more and more companies go bankrupt
(DBN)

____________

Germany:

German BaFin permits origination, restructuring and prolongation of loans to German borrowers by certain funds without a banking license
(DBN)

____________

India:

Banks see new bad debt rules as step in right direction
(DBN)

____________

Serbia:

Most of 526 companies undergoing privatization will file for bankruptcy
(DBN)

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