June 26, 2015

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Ex-Dewey Finance Partner Recalls Fateful 2010 Bond Offering
(DBN)

Yet Another Large Firm Shuts Down, Leaving Nearly 300 Jobless
(DBN)

Which Biglaw Firm Is Being Compared To A ‘Sweatshop’?
(DBN)

The Silk Road Sequel: Legal Services Version
(DBN)

Reinventing The Law Business: Where Is The Legal Profession Heading? (Part 1)
(DBN)

Do These Charts Spell Doom For Solo Practice?
(DBN)

Want to be a Lawyer? Maybe You Shouldn't Sue Your Law School
(DBN)

Managing the Work-Life Balance in Big Law
(DBN)

Biglaw Blinders
(DBN)

BigLaw firms must face receiver’s suit over client’s $7B Ponzi scheme, federal judge rules
(DBN)

Young partners wobble under weight of funding retired partners
(DBN)

Lawyers accused of directing paralegal to friend litigant will get New Jersey Supreme Court hearing
(DBN)

Slater & Gordon Falls Most on Record Amid Quindell Investigation
(DBN)

Blockchain Technology Will Transform the Practice of Law
(DBN)

DLA partners caught calling ex-client a "nutter"
(DBN)

Lawyer's 'Kill the Gays' Proposition Put Out of Its Misery
(DBN)

7 outdated fashion rules that men can now ignore
(DBN)

Legal Precedent Set By The ‘Devious Defecator’
(DBN)

Judge orders return of $167K seized from motorist, says federal prosecutors didn’t tell whole story
(DBN)

Going Back to High School (Not Literally) To Revisit ‘To Kill A Mockingbird’
(DBN)

South Carolina's Nelson Mullins Joins Chorus On Confederate Flag
(DBN)

N.C. Man Corners Market On Confederate Flag
(DBN)

Texas Veterinarian Will Not Face Charges After Killing Neighbor’s Pet Cat With A Bow and Arrow and The Boasting About the Kill on Facebook
(DBN)

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Judges:

How the Justices Ruled on This Year’s Biggest Cases
(DBN)

A Gasp, Some Giggles and a Shrug: The Scene Inside the Supreme Court Scalia fumes about ‘SCOTUScare’ Justice Scalia's Dissent on Obamacare Subsidies: Key Excerpts Majority Ruling on Health Insurance Subsidies: Key Excerpts Obama once trashed the Supreme Court justice who just saved his legacy In Obamacare Rematch, Verrilli Prevails Again Here's the moment Obama found out the Supreme Court had saved Obamacare again The Biggest Takeaways From the Supreme Court Obamacare Ruling Justice Scalia Fails in His Attempt to Deny a Widow Healthcare, and He is Really Mad Justice Scalia slammed Chief Justice Roberts in his Obamacare dissent John Roberts brilliantly trolled his dissenting colleagues on Obamacare
(DBN)

SCOTUS Finally Gets The Recognition It Deserves
(DBN)

Tough judge gives drug-ring chief a plea deal, to free up courtroom for trials in other cases
(DBN)

Justice Scalia Is A Sad, Sad Man
(DBN)

Clarence Thomas attacked his colleagues for saving a law aimed at desegregating America
(DBN)

Clarence Thomas Can’t Tell A Basketball Court From A House
(DBN)

9th Circuit boots judge, revives news media case over late access to court civil complaint filings
(DBN)

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Wall Street:

Stock futures point to wary open
(DBN)

World Stocks Fall Before Crunch Weekend for Greece
(DBN)

Stocks close lower under Greece pressure; transports lag
(DBN)

Friday could be the year’s biggest trading day for this reason
(DBN)

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Layoffs:

General Mills to cut 675-725 jobs under new restructuring plan
(DBN)

Nearly 300 employees will lose jobs, bankruptcy law firm says in layoff notice
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Celebs:

Teresa Giudice's 'Real Housewives of New Jersey' News: Probation Department Yet to Sign Off on Reality TV Return, Has She Acted Her Last Scene?
(DBN)

Scott Storch: 'New songs will pull me out of bankruptcy '
(DBN)

Why the Martha Stewart Deal Could Go South
(DBN)

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Taxis:

As competition from Uber heats up, Brookline cab company files for bankruptcy
(DBN)

Stunning pictures of Paris in chaos as anti-Uber taxi drivers ambush cars and set fires
(DBN)

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Electricity:

Energy Future Says It's Close to Deal to Resolve Bankruptcy Energy Future plans to hand Oncor to creditors, end bankruptcy Energy Future plans to hand Oncor to creditors, Hunts fighting for control Energy Future Holdings calls off sale of power business amid $42 billion bankruptcy
(DBN)

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Mining:

The poster child for what was once a 'can't lose' investment is filing for bankruptcy Boom in once-scarce ‘rare earth’ metals ends in US miner’s bust
(DBN)

Molycorp reaches restructuring deal with senior noteholders
(DBN)

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Corporate Reform:

From Student Debt To Home Foreclosures, State AGs Take Growing Consumer Protection Role
(DBN)

CFPB publishes 8,000 complaints against banks, lenders, financial institutions
(DBN)

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Lehman:

Lehman says Related Cos., Barclays rigged deals
(DBN)

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Economy:

Americans finally started spending in May Biggest gain in 6 years Robust US consumer spending buoys economic growth outlook
(DBN)

Jobless claims rise slightly but still point to low layoffs Jobless Claims in U.S. Hold Below 300,000 for a 16th Week
(DBN)

Why the Economy Feels So Lousy
(DBN)

These 10 Countries Boast the World's Highest Share of Thriving Citizens
(DBN)

A Greece default would probably have a miniscule impact on the US economy
(DBN)

Millennials top boomers in U.S., and majority of kids under 5 aren’t white
(DBN)

Twice as many are now forced to delay marriage
(DBN)

Capitalism in America: Americans have never been anti-business, as long as its power is balanced by democracy
(DBN)

US Debt Clock
(DBN

Economic Indicators Dashboard
(DBN)

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Real Estate:

Average US rate on 30-year mortgage edges up to 4.02 pct.
(DBN)

Meet the Man Who Is Lending to the Recently Foreclosed On and Bankrupt
(DBN)

The Haunted House Lawsuit All Home Sellers Should Know About
(DBN)

The Supreme Court just granted a huge victory to fair-housing advocates
(DBN)

Chitrik’s Midtown building asks $31.5M in bankruptcy auction
(DBN)

Case Against Vacant Slumlord Now In Federal Court
(DBN)

Detroit backed off suing lenders over risky mortgages, blight
(DBN)

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Municipalities:

Puerto Rico Approaches A New Fiscal Year With Mounting Debt, Rising Taxes, Fewer Public Services
(DBN)

New Jersey's largest city is a mess
(DBN)

N.J. Senate passes a rescue package for Atlantic City
(DBN)

Scranton mayor wants Pennsylvania to manage city pension funds
(DBN)

Billions in state borrowing drops: Moody's report
(DBN)

Muni Buyers Bedazzled by Junk-Bond Yields Let Protections Slip
(DBN)

America's top states to live in 2015
(DBN)

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Politics:

Republican presidential candidates are not happy about the Supreme Court Obamacare ruling Mike Huckabee: The Supreme Court just issued 'an out-of-control act of judicial tyranny' Ted Cruz is bashing John Roberts after years of praising him 'Yes!': Hillary Clinton cheers Supreme Court after Obamacare ruling
(DBN)

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Guns:

Bankrupt gunmaker Colt is 'now in a free-fall Chapter 11'
(DBN)

Colt Defense settles DIP loan spat, leaving Sciens on outside looking in
(DBN)

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Fraud:

Supreme Court’s Denial of Cert Preserves Safe Harbor for Madoff Victims
(DBN)

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Corporate Governance:

Study delineates pay of best, worst CEOs
(DBN)

Delaware bans bylaws imposing legal fees on plaintiffs in losing shareholder litigation
(DBN)

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Healthcare:

Supreme Court Upholds Obama's Health-Law Subsidies Insurance Industry Relieved as Supreme Court Upholds Health-Law Subsidies Obamacare decision spurs health care rally Citi: This was last big challenge to Obamacare Obamacare challenges aren't over yet
(DBN)

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Religion:

The reviled Westboro Baptist Church makes a ton of money by suing communities that don't let them protest
(DBN)

Archdiocese persisted in its sin
(DBN)

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Weather:

California Hedges on Water Cuts; Managers Call Situation 'Chaotic'
(DBN)

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Pensions:

Pensions on the cutting block. Are you at risk?
(DBN)

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Hockey:

Erie Otters sold at auction for $7.225 million, will stay put
(DBN)

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Student Debt:

When your Social Security check disappears because of an old student loan
(DBN)

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Oil/Gas:

Oil Prices Fall as Greek and Iran Deal Deadlines Loom
(DBN)

Survey: Most oil and gas hiring managers see more layoffs, smaller headcounts in near future
(DBN)

Cal Dive International 363 Sale, Bid Procedures Approved
(DBN)

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Shipping:

Danish investors sue bankrupt OW Bunker for $120 mln
(DBN)

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Compensation:

US CEO Pay Up 54% Since 2009
(DBN)

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New Bankruptcy Opinions
(4 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (13 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (8 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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Miscellaneous:

Coming and Going Concerns
(DBN)

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Bankruptcy Reform:

The ABI Commission on Business Bankruptcy Reform: Paying "Critical Vendors"
(DBN)

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Bankruptcy Reform:

ABI Commission Report – Plan Settlements & Compromises
(DBN)

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Bankruptcy Poetry:

Red Sox Nation
(DBN)

___________

Avoidance Actions:

Everything Has Its Own Value: 7th Circuit Holds That Forbearances by a Lender May Be Considered When Determining Reasonably Equivalent Value
(DBN)

____________

TBTF:

Greenberg Says Appeal in AIG Case Is About Future of U.S.
(DBN)

Greenberg Gets Ready For Round 2
(DBN)

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Litigation:

Litigation Finance: 10 Questions To Help Advise Your Client
(DBN)

When We Lose a Case, We Lose the Money, Says Burford CEO
(DBN)

____________

Education:

For-Profit Schools Fail to Topple Regulations
(DBN)

The Obama administration has scrapped plans to rate colleges
(DBN)

The 15 colleges where business majors get the best return on their investment
(DBN)

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Mass Torts:

Garlock bankruptcy plan includes national ads targeting asbestos victims
(DBN)

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Telecoms:

Greek Telecom's Creditor Loses 2nd Circuit Appeal
(DBN)

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Environmental:

Judge lets prosecutors stay on W.Va. chemical spill case
(DBN)

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Soccer:

Parma hung out to dry by ham-fisted owners once more
(DBN)

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Retailing:

Former RadioShack, Creditors Move Toward Broad Resolution
(DBN)

Anna's Linens folding up after filing for bankruptcy
(DBN)

The ugly secret behind why J. Crew's sales have tanked
(DBN)

____________

Sovereigns:

Everyone who was hoping that Argentina's baloney would end next year just got hosed
(DBN)

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PIIGS:

Greek Minister Says Proposed Deal 'Clearly Unviable' Merkel: 'i Won't Yield To Greek Blackmail' Greece given Monday deadline for a deal Greece's enigmatic prime minister has 48 hours to make a decision that will shape his country's future for decades
(DBN)

Attempt to seal Greek deal fails, talks to resume Saturday Merkel says Greek deal needed before markets open Monday-sources Greece talks have 'lost ground': Merkel Greece talks to go down to the wire amid fears of imminent banking collapse If there's no Greece deal, then what? Greece is being blackmailed. Exiting the eurozone is its way out Ireland won't support debt relief Athenians at bay Father of 'Grexit': Disaster if Greece leaves Planning The Bank Holiday Bill Gross thinks there is less than a 50% chance we get a deal in Greece IMF expects Greece will make the June 30 debt payment deadline Greece will survive, but will the euro or the EU?
(DBN)

Relief In Sight For Spanish NPL Investors
(DBN)

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Brazil:

Brazil's unemployment rate set to climb further through 2016
(DBN)

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China:

China shares fall sharply; Greece weighs
(DBN)

____________

India:

The Indian central bank chief who saw the 2008 crash coming thinks the world is now facing Great Depression-era problems
(DBN)

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