June 15, 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

Format For Mobile Device




Law:

Cooperator in Dewey trial admits some accounting tricks were his
(DBN)

Pitching a Prospective Client? GC Says Narrow Your Focus
(DBN)

Pitching for Law Business – The Best Way Is This . .
(DBN)

New York and London are world's toughest legal markets, says Cooley
(DBN)

Gains Exceed Losses at Firms Statewide
(DBN)

The World Of Legal Services Is Flat
(DBN)

The 25 best law schools in the US to make connections and get a job
(DBN)

Worst States for Job-Hunting Law-School Grads
(DBN)

Class ceiling? City firms enforce 'posh' hiring test
(DBN)

Whitewash: Kroll left dozens of bad LSATs out of UT report
(DBN)

We Just Want To Understand You, Millennials
(DBN)

Uber-Litigator Bert Fields Wants to Represent Artificial Clients Tom Cruise is not enough.
(DBN)

Mylan-Kirkland Decision Should Give Big Law Firms Shivers
(DBN)

Swimming Lessons For Baby Sharks — Practical Advice For New Lawyers
(DBN)

Mommy, Esq.: Babies on the Brain
(DBN)

0L Shrinkage America’s Law School Applications And Enrollment Just Keep Falling
(DBN)

Male lawyers see pay fall in UK for third year running
(DBN)

Behind Cooley’s London Opening Very Cooley
(DBN)

Ensure Long-Term Success for Your Firm’s Next Website
(DBN)

3 Things Law Students And Young Lawyers Can Learn From Chess Grandmaster Garry Kasparov
(DBN)

Canary Wharf law firm asks students to pay to do work experience/
(DBN)

To Be A Lawyer Is To Be A Manager (Though Hire A Manager When The Time Is Right)
(DBN)

Spring-Back Attorneys Return to Firm Practice
(DBN)

11 apps that will make you smarter
(DBN)

Survey: 27% of lawyers take recreational drugs
(DBN)

Dallas: Father Said Son Finally Snapped Dallas Gunman Strangled His Mother He Was Just Angry Over a Custody Case Dallas Gunman's Long Run-In with the Law But Of Course: Boulware Had Mental Health Issues
(DBN)

Prison Worker Planned to Move on w/ Escapees Residents forced to stay locked indoors while the search for 2 escaped murderers continues Prosecutor says escaped killers used contractors' tools, carefully returning them every night The similarities between the New York max security prison break and the show 'Prison Break' are unreal
(DBN)

Investigation reveals FBI agent's dramatic attempt to save Tamir Rice's life New documents reveal details about Cleveland police shooting of 12-year-old Tamir Rice The Almost Probable Murder of Tamir Rice Cleveland police officer who shot a 12-year-old boy: 'He gave me no choice'
(DBN)

Murderer who sent razor blade to judge won’t be charged; it was an accident
(DBN)

Mandatory Retirement Creates Succession Planning Problems For Top Law Firms
(DBN)

Where Is The Best Place To Live For A Lawyer?
(DBN)

Ex-prosecutor is disbarred for his role in capital murder conviction of innocent man
(DBN)

United States v. The Internet: America’s Most Wanted May Look A Lot Like You
(DBN)

'The most expensive divorce in history' just got a lot cheaper
(DBN)

Hollywood Big Law Divorce Trial
(DBN)

Felony Rap For Brawling Mom In Walmart Video
(DBN)

A Lawyerly Opinion of HBO’s ‘Silicon Valley’
(DBN)

5 Injured in Accidental Shooting at Waldorf Astoria
(DBN)

A Hunk A Hunk of Love – Elvis Lawyer’s Big Day
(DBN)

Research: law students love it d---- style
(DBN)

Woman who is 92 adopts her cousin
(DBN)

Woman had right to be drunk on her front steps -Iowa Supreme Court
(DBN)

Fugitive Found Driving Car With His Name On License Plate
(DBN)

______________

Judges:

Tampa judge becomes chief of one of nation's busiest bankruptcy courts
(DBN)

 

Justice Scalia finds out that if you live by the sword, you die by the sword
(DBN)

Don’t Threaten A Federal Judge — Yes That Applies To You Anonymous Commenters
(DBN)

Retired Judge James Bascue arrested in barricade situation
(DBN)

The High Cost Of Bringing A Judge To Justice
(DBN)

Samuel Alito Gets A Supreme Benchslap
(DBN)

Ruth Bader Ginsburg 'Amazed' at Icon Status at 82
(DBN)

Justice Anthony Kennedy: The Decider The voice of opposition past, Justice Kennedy may save Obamacare now
(DBN)

The 20 Supreme Court decisions we're still waiting for
(DBN)

Judge suffers bite wounds in court battle
(DBN)

Uh, ‘Robots’ Aren’t Better Than Humans At Predicting Supreme Court Decisions
(DBN)

______________

Wall Street:

Investors Rattled by Greek Bailout Impasse Stock futures point to losses after more failed Greek talks
(DBN)

Stocks close lower, with Dow off more than 100 points
(DBN)

______________

Layoffs:

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Celebs:

How professional athletes lose everything
(DBN)

Former Lt. Gov. Mark Darr, wife file for bankruptcy
(DBN)

Creditors ask judge to keep former billionaire in Montana jail where he's been since April
(DBN)

Melissa Gilbert Owes the IRS $360,000
(DBN)

____________

Food/Beverage:

N.Y. firm's Saladworks purchase will settle internal dispute, report says
(DBN)

Olga's files for Chapter 11 bankruptcy Cost of Olga's in Compuware Building pushed chain into bankruptcy, exec confirms
(DBN)

____________

Healthcare:

Victory Parent Company, LLC and Four Texas Medical Centers Voluntarily File Under Chapter 11
(DBN)

EPCH Bankruptcy : Ombudsman to oversee hospital; mediation dates set
(DBN)

A deeper look inside bankruptcy proceedings
(DBN)

HDL's chances in Chapter 11 depend on numerous factors
(DBN)

California’s largest nursing home owner under fire from government regulators
(DBN)

The average American woman now weighs as much as the average 1960s man
(DBN)

____________

Guns:

Bankruptcy On The Horizon For Colt
(DBN)

____________

Electricity:

Energy Future Holdings creditors said to join with Hunt for Oncor bid NextEra leads pack of bidders for Texas utility Oncor
(DBN)

____________

Startups:

5 Reasons Why My IoT Startup Failed
(DBN)

Let it go, let it go… Sunset of my first startup
(DBN)

____________

Autos:

Plaintiffs'' Lawyers Bring Racketeering Claims Against GM in Ignition Suits
(DBN)

Why Mexico is Winning the Auto Jobs
(DBN)

____________


Economy:

US Consumer Sentiment Rises to 94.6
(DBN)

The Mythical Link Between Income Inequality and Slow Growth
(DBN)

America's Total Net Worth Just Hit a Record High
(DBN)

US economic data is getting better, but the Fed is still likely to hold off on a rate rise What Fed meeting will tell us about a 2015 rate hike Fed moves closer to policy change in week ahead Tale of Two Job Markets Makes Fed’s Timing a Tough Call
(DBN)

The average wage for almost every job in America
(DBN)

The $15 minimum wage debate Here's how much you need to make in each state to rent a two-bedroom apartment
(DBN)

Companies die off in droves at this milestone
(DBN)

The World’s Most-Spoken Languages In A Single Infographic
(DBN)

Warren Buffett was right, trains are awesome at telling you what's going on in the economy
(DBN)

The 13 fastest-growing economies in the world
(DBN)

Why So Many Americans Are Unmarried
(DBN)

America's Seniors Find Middle-Class 'Sweet Spot'
(DBN)

Four ways Westeros explains our economy
(DBN)

US Debt Clock
(DBN

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

Homeowner, appraiser home value opinion gap widens
(DBN)

This fundamental problem with the housing market is stopping lots of people from buying a home
(DBN)

Pittsburgh: Clairton will not obstruct plan to repair, sell complex of distressed properties
(DBN)

Rental surge to drop homeownership rate to 61.3% by 2030
(DBN)

Zillow: Number of underwater borrowers falling, but many still in serious danger
(DBN)

CEO gets federal prison for real estate investment scam
(DBN)

4 Million Homeowners Still Underwater
(DBN)

Foreign investors pose threat to residential real estate
(DBN)

Here are the hot job markets where rent is soaring
(DBN)

____________

Municipalities:

Wayne County seeks to soothe securities buyers' concerns of bankruptcy
(DBN)

Michigan county selling notes amid possibility of bankruptcy Fitch Maintains Rating Watch Negative on Wayne Co., MI's GOs
(DBN)

Chicago mayor eyes $1.1 billion bond sale to restructure debt
(DBN)

San Bernardino: Broken City
(DBN)

Building for the Future, in California's Famously Failed City
(DBN)

Puerto Rico's terrible economy is causing a population exodus
(DBN)

The benefits of bankruptcy
(DBN)

Detroit water, sewer system lease approved by regional authority Regional water authority OKs 40-year lease of Detroit system
(DBN)

Receiver says 3 district fire stations to be sold
(DBN)

____________

Oil/Gas:

Oil falls below $60 as dollar strengthens
(DBN)

Oil layoffs reach 150,000, recruiting firm says
(DBN)

Kemp: Global Oil Demand Slowed to a Crawl
(DBN)

US chemicals companies thrive on shale boom's cheap gas
(DBN)

Saratoga Resources nets new reprieve from lenders on defaulted bonds
(DBN)

Boomerang gets breathing room from bankruptcy court
(DBN)

The Dark Side Of The Shale Bust Don’t Believe The Hype On U.S. Shale Growth
(DBN)

Judge approves $145M bankruptcy loan for Boomerang Tube, victim of oil-price downturn
(DBN)

____________

Coal:

Coal Shares Tumble Amid Concerns Over Mine-Liability Funding Alpha's woes highlight need to reclaim coal mines
(DBN)

First Arch, now Peabody: Employee sues coal company over retirement plan
(DBN)

____________

Television:

Astros, Rockets set to make nine figures off Comcast lawsuit
(DBN)

____________

Education:

Corinthian Colleges Grilled Over How It Failed
(DBN)

Chris Christie: Debt Free College is Wrong
(DBN)

____________

Hockey:

Coyotes file suit over lease cancellation
(DBN)

____________

Cosmetics:

Towson cosmetics company sold after bankruptcy
(DBN)

____________

Student Debt:

When Supporting a Cause Undermines It
(DBN)

Student Loans - The Game Has Changed, So Shop Around
(DBN)

Those Student Loans - How To Default, Then What To Do Next
(DBN)

____________

Theatre:

Ocean County Throws Its Support Behind Rescue Plan for Surflight Theater
(DBN)

____________

Soccer:

Parma receive two offers
(DBN)

Blatter Plans to Un-Resign from FIFA
(DBN)

____________

Agriculture:

Attorney Fees in Turner Grain Case Adding Up
(DBN)

California Curtails Farmer's Water Use California Slashes Senior Water Rights
(DBN)

____________

Religion:

Helena Diocese names perpetrators of abuse; many at western Montana parishes
(DBN)

Archbishop John Nienstedt Announces Resignation
(DBN)

____________

Gambling:

Surviving Atlantic City casinos' May revenue up 5.3 percent
(DBN)

____________

Guns:

Gun maker Colt files for Chapter 11 bankruptcy protection Gun maker struggled after loss of Army contract and missed filing deadline for annual report Colt Defense, 179-Year-Old Gunmaker, Files for Bankruptcy Colt Defense Announces Fast Track Restructuring
(DBN)

____________

Fraud:

Kentucky man to spend 12 years in prison for insane fraud scheme
(DBN)

MLM Law Firm Pays $1.175 Million To Settle Zeek Receiver's Lawsuit
(DBN)

Florida Man Gets 10-Year Sentence For $3 Million Ponzi Scheme Targeting Teachers
(DBN)

____________

Politics:

Sen. Warren responds to Jamie Dimon you-don't-get-it swipe Warren says Dimon’s irked because she knows his tricks
(DBN)

Hillary Clinton thinks she can sell bigger government to fix the economy
(DBN)

Marco Rubio, like a lot of Americans, is terrible with money
(DBN)

Jeb Bush Prepares to Formally Announce Presidential Campaign
(DBN)

____________

Retailing:

RadioShack Files Bankruptcy Plan After Standard General Sale
(DBN)

U.S. Trustee Objects to RadioShack’s Proposed Plan Confirmation Schedule
(DBN)

What Went Wrong at J. Crew?
(DBN)

Can Frederick's of Hollywood become relevant again?
(DBN)

____________

 


New Bankruptcy Opinions
(11 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (38 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (15 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:

Return of the Turnaround?
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

_____________

Miscellaneous:

The Week Ahead
(DBN)

____________

Jurisdiction:

Supreme Court Finally Decides Whether Consent to Bankruptcy Court's Final Adjudication of "Stern Claims" Is Constitutional
(DBN)

Bankruptcy Judges Might Not Be Able to Remand Removed Cases!
(DBN)

____________

Lien Stripping:

Supreme Court Rejects Stripping of “Out-of-the-Money” Junior Mortgage Liens
(DBN)

____________

Management:

How to Motivate Executives to Perform at Their Highest Level Through A Bankruptcy
(DBN)

____________

Corporate Governance:

Delaware Legislature Passes Fee-Shifting Bylaw Prohibition — What Questions Remain?
(DBN)

____________

Prose:

An entertaining footnote about metaphors!
(DBN)

____________

Litigation:

The Process of Picking Litigation Investments
(DBN)

____________

TBTF:

Big Banks' Deal-Making Days Aren't Done
(DBN)

____________

Mass Torts:

Negotiating a solution for NECC and fungal meningitis victims
(DBN)

General Motors Accused Of Recall Cover Up King & Spalding 'conspired' on crucial information in fatal GM case, lawyer claims
(DBN)

GM Plaintiffs Try Crime-Fraud Exception to Get Documents
(DBN)

____________

Telecoms:

NII Holdings Adviser Says No Litigation Estimate Made
(DBN)

____________

Shipping:

Ships Scrapped as Freight Rates Fall
(DBN)

ABG Shipyard gets CRO
(DBN)

____________

Weather:

Apocalyptic scenes as lions, tigers, bears escape from zoo
(DBN)

Rich Californians: We Should Get Water, Let Them Eat Cake
(DBN)

____________

Communications:

Who else is bidding on Standard Register?
(DBN)

____________

Aviation:

Profits Up: Airline Fliers Still Face Bumpy Ride
(DBN)

Cyprus seeks buyers for defunct Cyprus Air trademark, logo
(DBN)

____________

Sovereigns:

EU backs anti-'vulture' debt reform
(DBN)

____________

UK:

Business distress levels in the East now the lowest in the UK, R3 survey reveals
(DBN)

Academies in poorly-funded areas face cash crisis
(DBN)

Clerys to close as court appoints liquidators
(DBN)

English courts: "Loss" and the 1992 ISDA Master Agreement - common sense prevails
(DBN)

Major Funds Plan to Leave London Over EU
(DBN)

Shakespeares merger loosens grip of London law firms in regions
(DBN)

HMRC pays out highest-ever amount to tax whistleblowers
(DBN)

____________

EU:

The eurozone was a dream of unity. Now Europe has turned upon itself
(DBN)

Is the ECB allowed to prevent eurozone bond market panics?
(DBN)

____________

PIIGS:

Greek stocks, bonds are collapsing on default fears Greece on 'brink of disaster,' calls emergency meeting The possible scenarios How a Greek debt deal could work Out of Options and Time, Tsipras Faces Greece’s Moment of Truth
(DBN)

Oettinger: EU needs to prepare for 'state of emergency' in Greece German finmin spokesman says time is running out for Greece
(DBN)

IMF sees tough choices in Greek deal
(DBN)

Germany says Europe is losing patience with Greece German finance ministry denies report it preparing for a state's insolvency Fiscal summit between Greece, creditors collapses without €7B deal Talks fail to reach deal to avert Greek default Greek Debt Deal; Tsipras Still Asking For What He Knows Is Impossible Greek Talks Seek Agreement as Germany Warns of Euro Exit Greek Premier: Elections or referendum out of the question Greece in last-ditch talks to broker deal before deadline Cost of saving Greece Financial Engineering to Athens's Rescue Greece running out of options to avoid capital controls The Price of Letting Greece Go Bankrupt and Out of the Eurozone Is Too High Defaulting Greek PM 'will accept compromise as long as debt relief is given' Greek banks are on their last legs. Grexit beckons Greek State Minister: Wherever the IMF Goes, Harsh Austerity Is Imposed Greece's Creditors Are Waiting, Luxembourg's Bettel Says Contemplating A Greek Bankruptcy , And A Kiss Greeks Who Want to Keep Euro Are Tired of Tsipras's Brinksmanship
(DBN)

____________

Canada:

Court hearing to decide whether $432-million settlement for victims can go ahead
(DBN)

At Day's End, Nortel Bankruptcy Judges Land on What is Fair and Reasonable
(DBN)

____________

Finland:

Finland is in a 'grave' situation
(DBN)

____________

Australia:

Gina Rinehart's family battle over mining empire resumes
(DBN)

BBY may have misused client funds, traded insolvent Ex-BBY boss Glenn Rosewall under focus for collapse
(DBN)

____________

Ukraine:

Trust falls, Ukraine shutters cash-thin banks
(DBN)

____________

Iceland:

The long road back
(DBN)

____________

Mexico:

Why Mexico’s Bank Bonds Are Hot Even as Economic Growth Fizzles
(DBN)

____________

Africa:

175 Quadrillion Zimbabwean Dollars Are Worth $5
(DBN)

18 States Bankrupt , Can't Pay Workers' Salaries
(DBN)

____________

China:

Stand Back: China's Bubble Will Burst
(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 phone or text us at 281-402-3957. You can email us 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 2015