June 11, 2015

The Daily Bankruptcy News

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Law:

Gaslighting
(DBN)

Biglaw Mommy: Losing It
(DBN)

Why women are judged far more harshly than men for leaving work early
(DBN)

Dewey Recap: Focus on Firm's Borrowing Ex-Controller Testifies He Altered Dewey Accounting Records Ex-Dewey Controller Admits to Making False Financial Adjustments
(DBN)

She Draws a Crowd: Chatting with Courtroom Artist Elizabeth Williams
(DBN)

Another Firm Tries To Screw Over Young Lawyers
(DBN)

White & Case ups London NQ pay by 20% to a whopping £90k White & Case puts pressure on Magic Circle with London pay hike
(DBN)

Why I'm Glad I Gave Up My Dream Of Going To Law School
(DBN)

The Fight Over Charleston Law School
(DBN)

Furiously Fighting: Holland & Knight Wants $815,000 in Fees From Bankruptcy
(DBN)

Dickstein Bankruptcy Lawyers Launch New York Boutique
(DBN)

Kirkland & Ellis Ejected Kirkland's Conflict Woes Worsen
(DBN)

Dentons starts talks with 21 firms over potential mergers
(DBN)

Metro workers to blame in lawyer’s falling death for not finding him until 4 days later, suit says
(DBN)

British woman facing 3 months in prison for 's-------- n---- on sacred mountain causing deadly earthquake'
(DBN)

Woman arrested for assaulting boyfriend with hamburger
(DBN)

Mother Arrested After Leaving Children in Closed Car at Courthouse As She Surrendered On Earlier Charge Of Leaving Children in Closed Car
(DBN)

Apple will let iPhone users block all the ads they see on the web
(DBN)

How Philadelphia seizes millions in ‘pocket change’ from some of the city’s poorest residents
(DBN)

Police are much less likely to solve homicides when the victims are black
(DBN)

The Dark Side of McKinney Texas Policing the McKinney of Pool Parties What Was Officer Casebolt Thinking? Lawyer: Officer Casebolt was Under Severe Work Stress McKinney cop let 'emotions get the better of him': lawyer And My Friday in McKinney, Texas Tx. Pool Party: Seismic Shift in US Suburbs Now - the Austin Police Video
(DBN)

Lawyer accused of using forged power of attorney to help pull off double murder wins mistrial
(DBN)

Prosecutor’s conjectural slurs lead to overturned murder conviction
(DBN)

Pennsylvania AG sues firm, saying it misrepresented law in debt collection letters
(DBN)

Walmart Brawler Insists She Is A Good Mom, Adding, "I Don't Raise My Children To Take Any S----!!”
(DBN)

Law student ‘hired hit man to stab to death boyfriend’
(DBN)

Government Doesn’t Have To Give You Your Organs Back
(DBN)

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Judges:

Scene clear after report of suspicious package at U.S. Bankruptcy Court in downtown Columbia
(DBN)

Recusal motions: When you strike at a king, you must kill him.
(DBN)

Chief Justice Called Out On Race By Federal Judge
(DBN)

Why The DOJ Got Benchslapped In Austria
(DBN)

State Supreme Court May Lose Funding For Doing Its Job
(DBN)

With Senate control, will the GOP stop confirming circuit court judges?
(DBN)

Judge jails pizza shop owner for being ‘self-centered jerk'
(DBN)

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Wall Street:

Futures lower, global stocks mostly higher US stocks to take cue from retail sales data
(DBN)

Dow, S&P post biggest one-day gains in month Stocks halt selloff, Treasury yields spike
(DBN)

Why Dow might be set up for a 4,000-point collapse
(DBN)

Credit Suisse: 'There is a 60% to 70% chance that we end up in an equity bubble'
(DBN)

Is the world’s worst stock bubble about to burst?
(DBN)

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Layoffs:

Johnson Controls to lay off 310 in N.J.
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Accounting:

CFO Narcissism and Financial Reporting Quality
(DBN)

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Privacy:

RadioShack, AT&T, And Verizon Come To Agreement Over Customer Data RadioShack sale protects most customer data
(DBN)

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Personal Finance:

Forget skipping coffee. Here's how to really save money.
(DBN)

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Retailing:

Firms that lost Family Christian auction say it was 'rigged'
(DBN)

Luxury goods face a global reckoning
(DBN)

J. Crew Replaces Head of Women's Design, Cuts 175 Jobs
(DBN)

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Mass Torts:

Oil Firms Put Millions Into Compensation Fund for Train Blast
(DBN)

CP Rail denies responsibility in Lac-Mégantic tragedy
(DBN)

Feds hope to seize boat, BMW of Framingham compounding company
(DBN)

Philadelphia was especially tough place to fight asbestos claims, bankrupt company's attorney testified
(DBN)

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Soccer:

John Oliver buys Trinidad TV time to taunt notorious FIFA scoundrel into snitching on his buddies
(DBN)

Parma allowed to negotiate sale
(DBN)

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Hockey:

Arizona Coyotes’ future cloudy as City of Glendale calls special meeting to consider canceling lease agreement Arizona Coyotes will sue Glendale if city cancels $225M arena deal Glendale votes to cancel lease deal with Coyotes
(DBN)

Judge sets July 10 for Erie Otters sale
(DBN)

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Aviation:

EPA Says it will set rules for Airplane Emissions
(DBN)

Airlines could soon shrink the size of luggage you’re allowed to carry on
(DBN)

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Corporate Reform:

U.S. Consumer Bureau Expands Oversight to Nonbank Auto Lenders
(DBN)

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Economy:

Get used to it: Interest rates are heading higher
(DBN)

World Bank latest to urge Fed to hold rates until 2016
(DBN)

Consumers got hired, but did they shop?
(DBN)

U.S. Manufacturers Temper Expectations for Hiring and Investment
(DBN)

Consumers Start 2015 With More Credit Card Debt
(DBN)

US budget deficit drops to $82.4 billion in May The Shrinking Deficit
(DBN)

Weidner: Greed will cause next financial crisis
(DBN)

Schwarzman Warns of Next Financial Crisis
(DBN)

Where There's Still a Middle Class Poll: 79% Say Middle Class is Shrinking
(DBN)

Are Wages and Benefits Growing Faster Than We Think?
(DBN)

This is the state that grew fastest in 2014
(DBN)

US Sharing Economy: No One's an Employee
(DBN)

The Growth of ‘Multiracial’ America
(DBN)

Quarterly Services Survey suggests upward revision to Q1 GDP
(DBN)

How the $15 minimum wage could become a new dividing line in the 2016 primary
(DBN)

US Debt Clock
(DBN

Economic Indicators Dashboard
(DBN)

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Real Estate:

A lower home-ownership rate is ‘new normal’
(DBN)

FNC: Residential Property Values increased 5.3% year-over-year in April
(DBN)

The Housing Recovery is a Big Fat Lie
(DBN)

Miami Beach condos owned by convicted mobster hit auction block
(DBN)

Cerberus to buy 4,200 Houses in US Bulk Purchase
(DBN)

Darien office complex hit with $23 million foreclosure suit
(DBN)

Greenspan: Real Estate is Stagnating
(DBN)

New York Renters Move at Frenzied Pace in Search of Deals
(DBN)

The history of housing in 5 charts
(DBN)

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Municipalities:

Bondholders renew fight against CalPERS in San Bernardino bankruptcy
(DBN)

Who’s responsible for Chicago teacher pensions? CPS may get short-term fix, but long-term woes are enormous
(DBN)

Bankruptcy Won't Help Beaumont
(DBN)

Exoneree's Suit Puts Cleveland in Ugly Light
(DBN)

____________

Fraud:

TelexFree creditors meeting could attract a crowd TelexFree Trustee Provides Update On Claims, Losses, And Clawbacks
(DBN)

Rothstein Investors Pay Portion of Award to Defunct Law Firm
(DBN)

Appeals Court Affirms Convictions of R. Allen Stanford Associates
(DBN)

Authorities Bust Craigslist Ponzi Scheme
(DBN)

____________

Oil/Gas:

OPEC: No rise in crude demand on horizon OPEC pumping at highest level since Aug 2012: IEA OPEC Swears by Market Stability OPEC’s push for market share is working, slowly but surely Global demand for oil rising: IEA
(DBN)

U.S. crude output is highest in 40 years
(DBN)

EIA productivity report: Is it all downhill from here?
(DBN)

Kirk Spano says it’s beginning of end of oil age
(DBN)

Boomerang Tube Enters Bankruptcy, Plans to Hand Control to Lenders
(DBN)

U.S. Ousts Russia as Top World Oil, Gas Producer in BP Data
(DBN)

Driller asked to show it's not causing Texas quakes
(DBN)

____________

Distressed Investing:

Maglan Capital’s CIO Talks Distressed Investing
(DBN)

____________

Student Debt:

Elizabeth Warren attacked Democrats and Republicans over student debt
(DBN)

Paying Student Loans Is Hard. Do It Anyway.
(DBN)

Student-Loan Refinancing Boom Could Cost U.S. Taxpayers Billions
(DBN)

Tax Liability On Forgiven Debt Could Hit Lawyers Hard
(DBN)

Why students should be able to kill their college debt
(DBN)

When Supporting A Cause Undermines It
(DBN)

____________

Gambling:

NJ casino regulators approve Icahn to own Trump Taj Mahal
(DBN)

____________

Politics:

The selective liberalism of Hillary Clinton
(DBN)

De Blasio to Skip Clinton Rally, Praises Rival Sanders
(DBN)

Jamie Dimon Says He's Unsure If Elizabeth Warren Understands Global Banking System
(DBN)

Sen. Marco Rubio faced foreclosure; sold house for $18,000 loss
(DBN)

Elizabeth Warren Calls Out Education Department Over Student Loans
(DBN)

____________

Religion:

Pope Francis Sets Up Court to Address Mishandling of Abuse Cases The Catholic church just took a huge step to hold predators accountable for their behavior
(DBN)

Parishioners of Massachusetts church get breathing room in long standoff
(DBN)

Vatican Signs On To FATCA To Help U.S. Track Down Tax Evaders
(DBN)

____________

Education:

Help for Victims of College Fraud
(DBN)

Arne Duncan: Some For-Profit Colleges Have "the Ethics of Payday Lending"
(DBN)

____________

Healthcare:

Moody's affirms Baa3 for Blue Mountain Hospital District, outlook remains negative
(DBN)

Study: 3 North Texas Hospitals Are Among The Nation’s Highest In Price Mark-Ups
(DBN)

Elderly Doctor and Wife Accused of Running $77 Million Pill Ring
(DBN)

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New Bankruptcy Opinions
(7 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (14 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:

Interactive Bankruptcy Statistics Map
(DBN)

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Bankruptcy Reform:

ABI Commission Report – Assignment of Voting Rights
(DBN)

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Jurisdiction:

Nortel Opinion Interprets Supreme Court's Wellness Opinion
(DBN)

Wellness SCOTUS Decision Presents Potential Cost Savings in Litigation
(DBN)

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Lien Stripping:

SCOTUS Rules that Completely Underwater Liens Ride Through, At Least in a Chapter 7 Case
(DBN)

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Corporate Governance:

Reporting Consequences and Other Considerations for Changes in Directors or Executive Officers of a US Public Company
(DBN)

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Plan Confirmation:

Sixth Circuit Joins Appellate Courts Holding That The Absolute Priority Rule Applies In Individual Chapter 11 Cases
(DBN)

What's Next: Denial of Plan Confirmation and the Supreme Court's Decision in Bullard v. Blue Hills Bank
(DBN)

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Discharge:

Seventh Circuit Holds that a Debt Created by Fraud may be Discharged if the Fraud was Perpetrated by the Debtor’s Agent, so long as the Debtor was not Complicit in the Fraud
(DBN)

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Secured Debt:

Security Agreement: When Drafting You Better Say What You Mean
(DBN)

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Litigation:

How Burford Capital Does Litigation Finance
(DBN)

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Guns:

Iconic gunmaker Colt is on the brink of bankruptcy
(DBN)

____________

Celebs:

Teresa Giudice's Lawyer: 'Nothing Has Been Seized from Her and Nothing Will Be'
(DBN)

____________

Electricity:

NextEra pulling ahead to take over Oncor NextEra Said to Be Frontrunner for Energy Future's Jewel
(DBN)

____________

Private Clubs:

Padlocked Kansas City Club files for bankruptcy
(DBN)

____________

Coal:

Arch Coal : Why Investors Should Not Rule Out A Turnaround
(DBN)

____________

Sovereigns:

The Anti-Greece Also Wants To Be The Anti- Argentina
(DBN)

Argentina : Just Pay the Vulture Funds Already
(DBN)

We need a global mechanism to resolve international debt crises
(DBN)

____________

UK:

Insolvency Service takes action to protect pension funds
(DBN)

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EU:

German holders of Greek bonds can seek compensation: European Court
(DBN)

European Central Bank Economists Find That Austerity Works
(DBN)

____________

PIIGS:

Risk of Greek insolvency is rising: ECB official German central bank chief says time running out for Greece Merkel Tells Tsipras to Back Talk With Action
(DBN)

Greece’s Groundhog Day may be giving way to Judgment Day
(DBN)

Greek stocks surge on deal hopes
(DBN)

ECB increases emergency funding for Greek banks ECB’s Hansson: Would ‘Re-Assess’ Greek ELA Should Collateral, Country’s Debt Profile Change Talks on €7bn Greek aid inconclusive Germany leans on Greece to improve reform plans Why Greece is more like Puerto Rico than California S&P downgrades Greece deeper into junk S&P: Default Likely If No Debt Deal Why Europe must keep Greece in the family Leftist firebrands make compromise a hard sell for Greece's Tsipras Anxious Greeks pull money from banks amid fears of capital controls Merkel Considers Greek Options Wall Street jumps on report Germany may consider Greece aid Merkel, Hollande hold off on expected Tsipras meeting IMF's "never again" experience in Greece may get worse
(DBN)

____________

Canada:

Athabasca University facing insolvency
(DBN)

Canadians Will Get Financial “Report Card” on Thursday
(DBN)

Enfield Hardware's creditors are owed over $6 million
(DBN)

The View From Up North: Who’s More Litigious, Canada or the United States?
(DBN)

____________

India:

RBI debt restructuring scheme is a good move: Aditya Puri
(DBN)

____________

China:

China's Troubling Robot Revolution
(DBN)

Could Wenzhou be China's Detroit?
(DBN)

These are the Chinese provinces and cities most at risk of defaulting
(DBN)

____________

Ukraine:

Bombs Didn’t Stop This Ukrainian Steelmaker. Creditors Might
(DBN)

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