June 23, 2015

The Daily Bankruptcy News

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Law:

Witness: Dewey Asked Top Earners to Forego Half of Salary Tempers flared when Dewey rainmakers learned of 50 percent pay cut, ex-partner testifies Dewey former rainmaker testifies on shock at 50pc pay cut Ex-Dewey Partner Details Law Firm Infighting
(DBN)

Which Firms Offer Women The Most Power And Highest Pay? (2015) Women Making Progress in Law Firms, but Still Behind Women See Success as GCs
(DBN)

After lawyer exodus, Las Vegas firm is winding down: Its website is blank, and 4 lawyers remain
(DBN)

Bickel and Brewer part ways; their firm will now be known as Brewer
(DBN)

Amal Clooney’s chambers-mate reported to be working on fees of £1.50 an hour
(DBN)

Bankruptcy attorney pleads not guilty in connection with threatening homeless man
(DBN)

Nixon Peabody Settles Into D.C. Office for Millennials
(DBN)

Which Law School Is Bringing Fashion Law Mainstream?
(DBN)

The Yale Law Student With The Profane T-Shirt Speaks
(DBN)

10 Behaviors of High Achievers
(DBN)

Bankruptcy Lawyer: 11 Reasons Why It’s So Hard Being A Lawyer (Part II)
(DBN)

Practice Pointer: Don’t Let Your iPhone Spellcheck Your Brief
(DBN)

5 Steps to Choosing a Trusted Cloud Provider
(DBN)

Tom Brady Time Suck: Traders, Lawyers Rush to Patriot's Defense With Damning Charts
(DBN)

S.C. Governor Calls for Removal of Confederate Flag Sen. Corker: Take Confederate Flag Down Families Trump Politicians in Responding to Charleston How Jeb Bush Handled Florida's Removal of Confederate Flag Mississippi May Redesign State Flag John Oliver Makes Obvious But Excellent Point About The Confederate Flag
(DBN)

Amurica And The 14th Amendment
(DBN)

What Is the Council of Conservative Citizens, the White-Supremacist Group That Inspired a Racist Manifesto?
(DBN)

In Praise Of Prejudice
(DBN)

The Great Prison Break
(DBN)

Supreme Court rules on behalf of stun-gunned pretrial detainee on excessive-force standard
(DBN)

Raisins are a healthy snack Takings clause applies to personal property, SCOTUS rules in ‘major blow’ to set-aside programs
(DBN)

Lawyer fatally shoots a client; no charges expected
(DBN)

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Judges:

Federal judge to Justice Kennedy: "Please zip the pie hole shut"
(DBN)

Appeals court rebukes judge for breastfeeding ban on mom who got a tattoo, overturns order
(DBN)

Rogue clerk may have altered records in more than 1,000 cases
(DBN)

Church-shooting bond judge was reprimanded for N-word advice; comments at hearing bring debate
(DBN)

Justice Kagan Cites Precedential Authority Of Comic Book
(DBN)

The Supreme Court and the Art of Saving the Best Opinions For Last
(DBN)

Prediction Panel: Chief Justice Roberts Will Surprise (Again)
(DBN)

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Wall Street:

Nasdaq set for new high as U.S. stock futures rise
(DBN)

US stocks close higher; Nasdaq, Russell 2000 at record
(DBN)

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Layoffs:

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Soccer:

Parma Declare Bankruptcy: Latest Details, Comments and Reaction Parma relegated to amateur league after being declared bankrupt
(DBN)

Mike Piazza, former Mets star, won't be saving the Parma soccer club
(DBN)

Parma: the football club milked for all their worth
(DBN)

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Student Debt:

Courts Rule That Disabled Woman Living Below the Poverty Line Must Repay Student Loans
(DBN)

Defaulting on federal student loans is stupid, not brave
(DBN)

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Security:

DOJ wants USIS parent company to pay damages despite bankruptcy filing
(DBN)

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Fashion:

After 2 bankruptcies in 3 years, a reinvented Ashley Stewart hits the full-figured runway
(DBN)

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Hotels:

Raleigh hotel files for bankruptcy protection
(DBN)

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Autos:

Manufacturing Contracts in Distress
(DBN)

Supreme Court won't hear Fiat Chrysler dealer case
(DBN)

The Resurrection of Fisker
(DBN)

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Pensions:

Could this one move boost nest eggs by $490B?
(DBN)

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Celebs:

Martha Stewart's Company Sold for a Song
(DBN)

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Alternative Energy:

Judge voids hundreds of solar leases in Arizona
(DBN)

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Guns:

Gun Maker Colt Delays Showdown With Bondholders
(DBN)

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Economy:

70 million Americans teetering on edge of financial ruin
(DBN)

It's time to embrace growth for the economy
(DBN)

Raising a child costs $245,000? How it adds up
(DBN)

15 states where jobs have not come back since crisis
(DBN)

Why the Fed is Printing Money Like Crazy
(DBN)

US Debt Clock
(DBN

Economic Indicators Dashboard
(DBN)

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Real Estate:

Tough Foreclosure Court: Attorney Handcuffed, Jailed
(DBN)

First-time buyers lift US home sales to 5-1/2-year high First-timers buying houses as hiring picks up
(DBN)

Soaring home prices not a 'bubble': Realtors
(DBN)

Existing home sales jumped in May, Realtors say
(DBN)

Housing is on the 'verge of a breakout'
(DBN)

Concerns lurk beneath the good news in May existing-home sales
(DBN)

States with the Highest Foreclosure Rates
(DBN)

Trustee proposes $625,000 Colony rec lease settlement
(DBN)

Wealthy foreigners bought $100B in US real estate
(DBN)

Bidding heats up as Detroit Fisher Building auction begins
(DBN)

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Municipalities:

Baltimore and Detroit Get Aggressive With Nuisance Properties
(DBN)

Illinois faces large pension shortfall, towns lack access to Chapter 9
(DBN)

Michigan launches initial fiscal review of Detroit's Wayne County
(DBN)

Welcome to school, Detroit kindergartners. Now pay up!
(DBN)

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Fraud:

Supreme Court blocks Madoff victims from recovering billions In blow to Madoff victims, top court rejects appeal Madoff Trustee’s High Court Rebuff May Cut Victim Recoveries
(DBN)

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Mining:

Midway Gold filing for bankruptcy protection
(DBN)

Mining Slump: Caterpillar Lays Off Workers
(DBN)

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Communications:

Unsecured creditors agree to drop lawsuit against Standard Register
(DBN)

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Mass Torts:

Canada Lays Charges Against Railway in Lac-Megantic Crash
(DBN)

Trustee Talks Strategy in Tainted-Steroids Settlement
(DBN)

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Healthcare:

Insurers, Hospitals Brace for Affordable Care Act Ruling
(DBN)

Million-dollar bills for hospital care surge in U.S.
(DBN)

Failed Hospital's Ex-Owner Pleads Not Guilty to Criminal Charges
(DBN)

Jackson County opposes SRHS pension solution, plans to tell all about system's financial dilemma
(DBN)

Hospital closing shows potential problems when for-profit management group is in charge - Winston-Salem Journal: Local News

Cancer drugs get a new consumer's guide
(DBN)

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Golf:

Emerald Falls Golf Course, facing a foreclosure sale, files for bankruptcy
(DBN)

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Retailing:

RadioShack Nears Final Reckoning in Bankruptcy
(DBN)

Teen retailers sweating over this next big test
(DBN)

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Compensation:

Top-CEO Pay Isn’t Driven By Talent, New Study Says
(DBN)

CEO Pay 300 Times Employees
(DBN)

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Oil/Gas:

Oil back above $60 on Greek debt summit
(DBN)

Speculators retreat from oil as OPEC oversupply crowds out shale
(DBN)

U.S. producing but not using more oil and gas US Oil Demand is Rebounding
(DBN)

Gulf spill debt could hit BP hard over next few years, says ratings agency
(DBN)

Saudis Set to Pump Maximum Crude Why the Saudis Are Going Solar
(DBN)

Lawsuit filed against Brian Alfaro, Primera Energy lands in bankruptcy court More twists in Alfaro legal battle
(DBN)

Texas Has Lost Billions from Oil Price Fall
(DBN)

Oil Cargos at Sea Can't Find Buyers
(DBN)

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Education:

Settlement saves Sweet Briar; lawyer to be at college helm, along with new board members
(DBN)

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Shipping:

Insolvent Shipbuilders' New Orders Not Welcomed
(DBN)

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Defaults:

Corporate defaults are here
(DBN)

Investors are exiting high yield bond funds as defaults rise and risk weighs heavy
(DBN)

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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 (23 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (2 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:

Payroll Gains Easing Bankruptcies
(DBN)

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Jurisdiction:

Wellness International: Litigants May Consent to Adjudication by Bankruptcy Courts
(DBN)

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Consignment:

Protecting Consignors' Interests and Rights to Recover Property
(DBN)

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Exemptions:

Alabama Homestead and Personal Property Exemptions Increased
(DBN)

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Non-Profit:

Considerations When Lending to a Not-for-Profit Entity
(DBN)

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Professional Compensation:

Bankruptcy Lawyers Can’t Get Paid Their Fees in Defending Their Fees?? The Supremes Got It Right
(DBN)

Supreme Court Holds Professionals Are Not Entitled to Fees for Defending Fee Applications
(DBN)

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Bankruptcy Reform:

The ABI Commission on Business Bankruptcy Reform: Director and Officer Fiduciary Duties and Lender Liability
(DBN)

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Subordination:

Mandatory Subordination of Claims Arising from the Purchase or Sale of Securities
(DBN)

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Litigation:

5 Notable Litigation Technology Trends
(DBN)

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Personal Finance:

4 Ways to Bridge the Retirement Income Gap
(DBN)

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Bankruptcy Crimes:

Utah Man Pleads Guilty to Fraudulently Concealing and Transferring Assets in Bankruptcy
(DBN)

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Aviation:

Governments Should Address Subsidy Spat, American Air CEO Says
(DBN)

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Sovereigns:

Ukraine Struggles to Restructure Its Sovereign Debt
(DBN)

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UK:

Bank executives face 10-year bonus clawbacks
(DBN)

The missing millions of ex-Wolves star Michael McIndoe
(DBN)

Banker who concealed '£20m Turner painting' after bankruptcy avoids prison
(DBN)

Clerys staff dismiss new owner's promise of 1700 jobs
(DBN)

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EU:

Eurozone economy revives despite Greece
(DBN)

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PIIGS:

Greece Given 48 Hours to Reach Financial Deal
(DBN)

2 main points of contention in the Greek debt saga Syriza hardliners warn Tsipras over betrayal Greek offer to creditors stirs angry backlash at home Greece divided over reforms and future Report: The ECB just approved more emergency funding for Greek banks Greece in Worst Spot Than US in 1933
(DBN)

Greece : Still No Deal Psst! Here's the secret about Greek debt drama Do we need to fear a Grexit? Greece and Its Creditors Show Signs of Headway in Debt Talks What happens if Greece defaults to the IMF? Missing IMF payment may not be default Greece proposals broadly accepted by creditors: economy minister The devil will be in the detail ECB Has Your Back If Greece Breakdown Tips Markets Into Turmoil Greece's Banks Teeter as Brinkmanship Prevails Greece's day of destiny turns to farce with phantom eurozone summit Global markets rally on Greek optimism Greece's health crisis: Basic medical supplies hard to find 8 Greece truths you can’t ignore Greece reveals EU’s fatal flaw
(DBN)

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Canada:

Ottawa lays new charges in Lac-Mégantic disaster
(DBN)

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France:

France is back in business
(DBN)

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Brazil:

Petrobras Probe Blindsides Odebrecht Bondholders on CEO Arrest
(DBN)

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China:

Chinese junk bonds: The red badge of investing courage
(DBN)

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Japan:

Sharp CEO faces calls for resignation as shareholder anger mounts
(DBN)

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