March 12, 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

3-Column Formating

 

Law:

Biglaw Mommy: Flex-Time And Fire Drills
(DBN)

Nationwide Layoff Watch: Sweeping Job Cuts For ‘Superior Legal Minds’ --- Kasowitz Benson confirms layoffs --- Layoffs Hit Kasowitz Benson
(DBN)

Jones Day to open office in Detroit
(DBN)

Rodgin Cohen: Don’t Give Up, Law Grads
(DBN)

Lifetime Value of Law Degree Drops Only $30k For Those Who Graduate Into a Poor Economy
(DBN)

Down With the Billable Hour, Up With Better Service
(DBN)

New Chair for Bob Lawless
(DBN)

No T14 Law Degree? No Problem! You Can Still Work At Sullivan & Cromwell
(DBN)

Winston & Strawn Pillages Pillsbury In Massive Lateral Raid --- Wake Up Call: Winston Hires Large Group From Pillsbury
(DBN)

The Overtime Fight For Document Review Continues
(DBN)

Sedgwick Settles $210 Million Legal Malpractice Case
(DBN)

Results Are In: What’s The “Hottest” Law Firm Practice Area?
(DBN)

Law Students Should Unionize To Negotiate Lower Tuition
(DBN)

Drop in Applications Spurs Changes at Law Schools
(DBN)

Practice Ready? Law Students and Practitioners Disagree
(DBN)

Dean Advises Other Deans to Punish Law Schools in U.S. News Peer Reputation Voting for Manipulating Rankings With School-Funded Jobs and Transfer Students
(DBN)

Paul Hastings Chairman on the Tragic, Avoidable Demise of a Law Firm
(DBN)

How to choose the right tie for every season
(DBN)

Winston Churchill wanted to give rare Magna Carta manuscript to US, documents show
(DBN)

Representing clients in China? Prepare to be hacked; BigLaw is a frequent target
(DBN)

5 hard-to-find iPhone tricks only power users know about
(DBN)

Flowchart: Which Apple Watch is For You?
(DBN)

Ferguson Removes Its City Manager --- Report: Ferguson Police Chief Tom Jackson is resigning --- 2 officers shot in Ferguson
(DBN)

Facebook Cites Ceglia Vanishing Act in Lawsuit Against DLA, Milberg
(DBN)

Utah lawmakers approve firing squads as execution back-up method
(DBN)

Thieves hijacked two trucks carrying $9.5 million in jewels
(DBN)

Man tries to avoid arrest by rolling in dog p---
(DBN)

Bail set at $2M for man accused of driving to mental hospital with girlfriend’s body in his vehicle
(DBN)

Paralegal takes plea in $600K law firm client theft; feds say he spent $550K on coin collection
(DBN)

______________

Wall Street:

Futures rise ahead of retail sales
(DBN)

Euro pulls out of dive, stocks edge higher
(DBN)

Euro slides to 12-year lows, US stocks close lower
(DBN)

Wall Street jobs rise for first time in four years
(DBN)

How Wall Street bonuses have exploded since 1986 --- Did you get a $173,000 bonus last year? The average on Wall Street was nearly that big
(DBN)

______________

Layoffs:

United Airlines to cut 332 jobs
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Banking:

Doral Financial files for Chapter 11 bankruptcy --- First Day Dec
(DBN)

Big Banks Struggle to Pass Fed's 'Stress Tests'
(DBN)

Huge day for banks as Fed rules on buybacks, dividends --- 29 Banks Approved to Return More Capital to Shareholders
(DBN)

Banks May Want to Consider Expiration Date for Top Job
(DBN)

The US banks passed the Fed stress test, but the US arms of two foreign banks failed
(DBN)

Two of Europe's biggest banks just got slammed by the Fed
(DBN)

____________

Retailing:

Worry about this bad sign for retailers
(DBN)

RadioShack's Bankruptcy : A Golden Opportunity For Amazon?
(DBN)

Cooley Selected as Co-Counsel to RadioShack Creditors’ Committee
(DBN)

Will Aeropostale Be The Next 90s Brand To Join Wet Seal And dELiA*s In Bankruptcy?
(DBN)

A department store no one talks about is beating Wal-Mart, Amazon, and TJ Maxx
(DBN)

I Was Wrong On Alco Stores
(DBN)

Sheriff's sale of vacant Rolling Acres Mall postponed again
(DBN)

____________

Healthcare:

Developer of Chesterfield senior housing files bankruptcy
(DBN)

Six Hospitals at Risk after Sale to Prime Healthcare Falls Apart
(DBN)

Daughters' deal fallout: Prime blasts Kamala Harris over 'blatantly false claim' - Silicon Valley Business Journal

Daughters of Charity owners start search for new buyer from scratch
(DBN)

Three medical office buildings in Charlotte to be auctioned as part of bankruptcy proceeding
(DBN)

El Paso Children's Hospital Prognosis: Still The Same - Max Powers

The same blood test costs $10 — or $10,000
(DBN)

The health insurance deductibles are too damn high, in one chart
(DBN)

____________

Fraud:

TD Bank Payment Clears Way for Rothstein Bankruptcy Deal
(DBN)

3 sent to federal prison in massive Vegas tax fraud scheme
(DBN)

____________

Mining:

As Expected, Allied Nevada Files For Chapter 11
(DBN)

____________

Student Debt:

The Student Aid Bill of Rights: Enhancing Protections for Student Loan Borrowers
(DBN)

What's missing in President Obama's plan for student loan reform
(DBN)

Elizabeth Warren to Obama Administration: Help Me Tackle Student Debt
(DBN)

____________

Taxis:

Inside Big Taxi's Dirty War With Uber
(DBN)

____________

Economy:

A Little-Watched Report Is Boosting Estimates for U.S. Economic Growth in Late 2014
(DBN)

Most Americans, inexcusably, don't know Fed chief Yellen
(DBN)

The Fed Under Fire
(DBN)

Real Wages Are Rising
(DBN)

3 signals that the Fed is about to raise interest rates
(DBN)

US Millennials Among World's Least Skilled
(DBN)

Robert Reich: The 3 biggest myths plaguing the U.S. economy
(DBN)

Here's why Thomas Piketty doesn't think Republicans are 'really serious' about income inequality
(DBN)

US Debt Clock
(DBN

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

U.S. Housing Policies Should Reflect Millennials Postcrisis Reality
(DBN)

Why the return of low down payment mortgages is a good thing
(DBN)

Freddie Mac: 2015 best year for home sales in 8 years
(DBN)

Houston Home Sales Fall for the First Time in Six Months
(DBN)

Creditors say Horizon Group Management defrauded them
(DBN)

Fannie, Freddie lobbyist played “big role” in NY AG’s mortgage finance investigation
(DBN)

IA: Appeals court dismisses Civic Partners' bankruptcy appeal
(DBN)

____________

Municipalities:

Supremacy's claws: How two judges are changing the pension debate
(DBN)

Puerto Rico's Agencies Don't Need Chapter 9 Bankruptcy
(DBN)

Detroit bankruptcy named 'Restructuring of the Year' as lawyers get accolades and firm announces Michigan office
(DBN)

Rockford mayor backs bankruptcy remedy for cities
(DBN)

PA: Pension issues a big concern for state's fiscal watchdog
(DBN)

Lincoln Institute CEO charts civic challenges to sustain solvency
(DBN)

America's Best and Worst Run Cities
(DBN)

TX: House Plan Would Fix State Pension Fund
(DBN)

Illinois pension reform hinges on 40 words --- Illinois Pension Bout Tests Nation Grappling With Shortfalls
(DBN)

California pension reform measure targets Calpers with May launch
(DBN)

Michigan, other states paying painful price now for tax incentives to lure business
(DBN)

The 25 most economically powerful cities in the world
(DBN)

____________

Celebs:

Why Warren Buffett is $72 billion richer than you
(DBN)

____________

Oil/Gas:

Thurs. A.M.: Brent climbs above $58 on contract covering, geopolitical tension
(DBN)

Weds. P.M.: Oil drops under $48 as crude supply rises --- U.S. crude stores up by 4.5 million barrels
(DBN)

From Crashing Crude Prices to Chapter 11: More O&G Bankruptcies
(DBN)

Get ready for oil deals: shale is going on sale
(DBN)

Shale Plays Suffer from More Than Declines
(DBN)

Preparing for and Adapting to Lower Oil Prices
(DBN)

Can U.S. shale survive a price war?
(DBN)

Dune Energy to begin 'swift' bankruptcy process
(DBN)

Hercules Offshore hires advisors as oil downturn crunches liquidity
(DBN)

Walter Energy engages legal counsel as liquidity levers dwindle
(DBN)

No One Knows Where Oil Prices Are Going
(DBN)

Why This Oil and Gas Producer Isn't Built to Last
(DBN)

The U.S. Has Too Much Oil and Nowhere to Put It
(DBN)

World Bank: OPEC Could be Finished Soon
(DBN)

Bracing for bankruptcy
(DBN)

Petronas prepares $7 billion bond as borrowing costs soar on oil
(DBN)

____________

Ethanol:

NYT: End the Ethanol Rip-Off
(DBN)

Advanced biofuel group breaks with ethanol allies on federal mandates
(DBN)

____________

Gambling:

Caesars attorney: Company ‘looking seriously’ at lost pension payments
(DBN)

Caesars Unit Replaces Financial Adviser After Perella Shakeup
(DBN)

What could happen at (latest) Revel casino sale hearing
(DBN)

____________

Religion:

Isn’t It Time for Judge Randa to Step Down?
(DBN)

Catholic Church Claims It Can Refuse To Pay Victims Of Sex Abuse Because Of Religious Freedom
(DBN)

Vatican defrocks priest convicted of abusing boys
(DBN)

____________

Personal Finance:

Here's how much you should have saved up for retirement by now
(DBN)

8 super-successful people share their best advice on how to quit a job
(DBN)

I've been working from home for 7 years — here's what I've learned
(DBN)

7 times it just isn't worth it to buy generic
(DBN)

Only Idiots Don’t Play Politics
(DBN)

____________

Television:

Aereo Just Can't Let Go
(DBN)

____________

Pensions:

PBGC Study: Multiemployer Guarantee Will Cover a Smaller Share of Benefits in Future Plan Failures
(DBN)

____________

Viaticals:

Bankruptcy judge orders trustee to take reins at Life Partners
(DBN)

____________

Hotels:

Bonaventure Resort reports layoffs of 296 workers
(DBN)

____________

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 (19 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)

______________

Bankruptcy Statistics:

Survey sees potential for rise in Chapter 11 filings this year
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

______________

Bankruptcy Reform:

Obama OKs study to see whether student loans should be dischargeable in bankruptcy
(DBN)

Executory Contracts: Dysfunctional Analysis Part 1
(DBN)

March Madness Kicks Off – All About the ABI Report
(DBN)

____________

Involuntary Bankruptcy:

Three’s a Crowd: Payoffs, Numerosity, and Involuntary Petitions
(DBN)

____________

Corporate Governance:

An Alarming Liability Award Against Not-for-Profit Organization’s Directors and Officers
(DBN)

____________

Flooring:

Lumber Liquidators' Campaign Of Deception
(DBN)

____________

Batteries:

Exide closing Vernon plant to avoid criminal prosecution
(DBN)

____________

Toll Roads:

Australian company buys bankrupt Toll Road vendor
(DBN)

Australia's IFM Investors to pay $5.7 bln for Indiana toll road
(DBN)

Counties left in the dust in toll road bid plan?
(DBN)

____________

Education:

The Sad Fate of Sweet Briar's Professors
(DBN)

College Tuition Is Rising Faster Than Inflation
(DBN)

____________

Food/Beverage:

Lawsuit-riddled pasta maker is in hot water
(DBN)

____________

Celebs:

Josh Peck -- I'm Not Doing a Flick With My Bankrupt Bro Drake
(DBN)

Suspicious Fires Twice Destroyed Key Sharpton Records
(DBN)

____________

Golf:

Malibu Golf Club closes, owner files for Chapter 11 bankruptcy
(DBN)

____________

Electricity:

Energy Future nets OK for $750M partial repay of EFIH 2nd-lien notes
(DBN)

Oncor, up for sale, attracts multiple bidders
(DBN)

___________

Coal:

Coal Industry Takes Another Hit
(DBN)

____________

Distressed Investing:

This 27-Year-Old Made Millions Riding the Death Spirals of Penny Stocks - Lending failing companies money
(DBN)

____________

Sovereigns:

Argentina: Holdouts reject country’s appeal
(DBN)

____________

UK:

BOE’s Weale: Decision on Whether to Raise Rates Finely Balanced
(DBN)

RBS face £4m bill after seven-year pursuit of bankrupt developer fails
(DBN)

Morrisons just unveiled the worst profit results in eight years with a 52% plunge
(DBN)

____________

EU:

Piketty: The Euro Zone is Now a Monster
(DBN)

The collapse of the euro is fantastic news for Europe's recovery
(DBN)

Euro Plunge Is Picking Up Pace
(DBN)

____________

PIIGS:

A German king, a Greek crown - historic roots of troubled ties --- Greek-German ties are deteriorating
(DBN)

Meanwhile In Greece, "Emotional Apathy Sinking In"
(DBN)

Greek minister: 'radically opposed' to some privatizations
(DBN)

____________

Canada:

Province announces $7.6M in funding for Everest students --- Ontario government has done right by traumatized Everest students
(DBN)

Port authority interested in U.S. Steel land
(DBN)

Why Wal-Mart Succeeded Where Target Failed
(DBN)

____________

Ukraine:

IMF approves $17.5 billion loan program for Ukraine
(DBN)

US sends more security equipment to Ukraine, sanctions rebels
(DBN)

____________

China:

China's demand problem
(DBN)

China's biggest shipyard goes under
(DBN)

____________

Austria:

Haider comes back to haunt Austria's finances
(DBN)

Insolvency still possibility for Austrian bad bank Heta - watchdog
(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 reach us at 281-402-3957 or 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 2014