March 26, 2015

The Daily Bankruptcy News

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Law:

16 US Law Firms Keep Partnership Club Elite
(DBN)

Biglaw Mommy: The Case for Flex-Time
(DBN)

Former Willkie partner accused of defrauding her firm faces scrutiny in credit-card cases Ex-Willkie Partner's Emails Prompt Settlement Questions
(DBN)

Burleson LLP Strengthens Bankruptcy Practice In Houston
(DBN)

BigLaw Looks To Clear Partnership Path For Pregnant Attys
(DBN)

Practice Humility to Land Business
(DBN)

Law Firm GC Can Have Attorney-Client Privilege
(DBN)

The 10 most popular law schools in America
(DBN)

Jennifer Rosato Perea named DePaul College of Law dean
(DBN)

How Morgan Lewis Plans To Maintain A “Common Culture” Amid New Growth
(DBN)

Partner to give up law license to end state bar probe of opposing counsel’s DUI arrest during trial
(DBN)

Fudging employment on job application merits lawyer’s suspension, ethics review board says
(DBN)

Uptick in Laterals Benefits Another Big Firm
(DBN)

Why Some Law Firms Are Like Ferraris
(DBN)

Why Not Make It Every Lawyer’s Job To Market And Sell?
(DBN)

Are You A Suckcessful Lawyer?
(DBN)

Judge Peck And The Machines
(DBN)

Apple could release 3 new iPhones this year Apple just invented an incredible technology that would help the iPhone further distance itself from every other smartphone
(DBN)

Suit says debt-collection law firm submitted false affidavits, seeks to void 1000s of judgments
(DBN)

Woman convicted of firing gun into McDonald's drive-thru window over missing bacon on burger
(DBN)

Yoga teacher flashed, abused boys at bar mitzvah
(DBN)

Bowe Bergdahl Officially Charged With Desertion, Faces Life Imprisonment
(DBN)

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Judges:

Justices talk budgets, prisons, and public engagement with House members
(DBN)

SCOTUS revives pregnancy bias case; Scalia says majority used ‘Supreme Wand’ Alabama redistricting challenge stays alive in SCOTUS; Scalia sees majority as ‘standby counsel’
(DBN)

Big Win For Pregnant Women Who Temporarily Need To Sit Down
(DBN)

Report Shows a Rise in Federal Caseload, Driven by Civil Filings
(DBN)

At The Supreme Court, All Bets Are Off
(DBN)

Judge Demands Parties 'End the Madness' With Pleadings
(DBN)

Evil law clerks
(DBN)

Facebook Friendship OK for Judge & Attorney
(DBN)

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Wall Street:

U.S. Index Futures Signal Stocks to Drop for Fourth Day on Yemen
(DBN)

U.S. Stocks Fall Sharply Nasdaq Composite Falls Most Since January as Tech Shares Tumble Dow loses 293, back in the red for 2015 Wall Street sinks over 1.5% at close
(DBN)

Stocks looking overvalued and headed for trouble Dow transports cast doubt on economy, stock market Nasdaq falls over 2%, posting its steepest drop in nearly a year
(DBN)

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Layoffs:

US Steel to temporarily idle Granite City, Illinois operations
(DBN)

Wells Fargo cutting 1,000 home loan servicing jobs 1000 layed off at Wells Fargo, sign of a better economy?
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Flooring:

Regulators confirm that they are investigating Lumber Liquidators
(DBN)

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Healthcare:

Ameris Health Systems working to reopen Crittenden Regional Hospital
(DBN)

After Prime decision, let’s have the ‘Harris standard’ for all California hospitals
(DBN)

Lawmaker wants to address medical billing surprises
(DBN)

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Fraud:

SIPC Congratulates MF Global Inc. Trustee On Major Milestone With Pending Distribution Of Nearly Half A Billion Dollars
(DBN)

MF Global's unsecured creditors seek $461 mln payout -trustee MF Global Inc. Trustee Seeks Authorization for Second Distribution to Unsecured General Creditors
(DBN)

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Mass Torts:

A Stubborn Manufacturer Exposes The Asbestos Blame Game
(DBN)

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Environmental:

Groups drop class-action insurance settlement in W.Va. spill
(DBN)

Meeting produces more questions than answers on Freedom Industries
(DBN)

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Social Media:

Sean Parker's new social media company is shutting down in the UK
(DBN)

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Gambling:

Caesars retiree bitter after flow of pension checks stops
(DBN)

Caesars Judge to Weigh Shielding Parent From Creditor Suits
(DBN)

Chicago judge appoints former Watergate prosecutor to investigate Caesars business deals
(DBN)

Taj Mahal casino doesn't want college next door
(DBN)

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Video Games:

Remainder of 38 Studios equipment up for auction
(DBN)

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Newspapers:

Gatehouse Media to declare bankruptcy next week
(DBN)

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Celebs:

Todd Chrisley’s Chrisley & Company, Julie Battles Bankruptcy Deadline
(DBN)

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Banking:

New U.S. Bank Formation Weakest in 50 Years
(DBN)

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Coal:

Weak Chinese Demand Could Undermine Entire Coal Market
(DBN)

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Consumer Finance:

Obama, CFPB set to tackle payday lending
(DBN)

Car Title Loans Are the Most Predatory Auto Title Loans: Like Payday Loans, But Larger and Riskier
(DBN)

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Economy:

Factories in U.S. Feeling Pain of Rising Dollar, Slump in Energy Durable goods orders fall unexpectedly in February Durables data show business tightening belt
(DBN)

GDP Growth Estimates Tumble, Again
(DBN)

Weak Demand? Strong Dollar? U.S. Businesses Aren’t Investing Much
(DBN)

Forget When the Fed Will Raise Rates, How Is Still Problematic
(DBN)

The Long-Distance Relationship Between Americans and Jobs
(DBN)

Munger Says Prepare for Harder World as Purchasing Power Slides
(DBN)

UAW Chief Rejects Lower Wage Tier 'Too Many Damn Tiers!'
(DBN)

Vehicle Sales Forecasts: Best March since 2005
(DBN)

Fed Should Push Unemployment Well Below 5%, Paper Says
(DBN)

College Degree Is No Guarantee You'll Leave Ranks of Unemployed Quickly
(DBN)

Wealth inequality: Did Piketty ignore the housing market?
(DBN)

New Census data: Americans are returning to the far-flung suburbs
(DBN)

US Debt Clock
(DBN

Economic Indicators Dashboard
(DBN)

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Real Estate:

Manufactured Home Lien: Forget Perfection, You Need To Have A Lien In The First Place
(DBN)

Warning Signs in the Housing Market
(DBN)

Home prices outpacing wage growth in 76% of U.S.
(DBN)

Underwater second mortgages surface in Supreme Court case
(DBN)

New Home Prices: More homes priced in the $200K to $300K range
(DBN)

Freddie Mac: Mortgage Serious Delinquency rate declined in February
(DBN)

MBA: Mortgage Applications Increase in Latest Weekly Survey
(DBN)

Freddie Mac: Here are the 5 top improving metro markets for housing
(DBN)

Cleveland: Loan for 55 Public Square is sold for $12 million loss
(DBN)

Home eviction leads to grisly, tragic discovery
(DBN)

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Municipalities:

Wall Street looks ready to throw in the cards in Atlantic City
(DBN)

Puerto Rico meets creditors over $9 bln debt load
(DBN)

House panel seeks $4.1M cut in Detroit revenue sharing
(DBN)

Moral Bankruptcy Of Chicago's Elites - As the city approaches financial bankruptcy, Chicago's elite's line-their-pockets with taxpayer money
(DBN)

Bruce Rauner’s $78 Billion Quandary
(DBN)

Scranton police threaten to sue if raises to retirees not paid
(DBN)

Former Sugar Land mayor, downtown development partner files for bankruptcy
(DBN)

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Awards:

Haynes and Boone Bankruptcy Practice Nominated as Chambers USA Team of the Year
(DBN)

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Oil:Gas:

Thurs. A.M.: Oil prices surge after Saudi air strikes in Yemen Gain in crude inventories beats expectations again
(DBN)

Weds. A.M.: Oil Rises After U.S. Crude Output Gain Shrinks, Dollar Slips Oil gains on weaker dollar, though US storage build limits rise
(DBN)

Oil Slide a Boon to Some Big Bankruptcy Firms
(DBN)

Here's the next big hit that could put more oil and gas companies into distress
(DBN)

North Dakota oil rig count drops below 100
(DBN)

Oil Price Fall Forces North Dakota to Consider Austerity
(DBN)

GE increases oil field equipment job cuts to 575
(DBN)

Halliburton closing Minot facility, transferring many jobs
(DBN)

Experts: New Mexico oil patch could lose 2,000 jobs
(DBN)

Schlumberger Ltd. to pay $232M in sanctions violations case Schlumberger Unit to Plead Guilty to Violating Iran, Sudan Sanctions
(DBN)

America's oil supply is running over Behind the Historic U.S. Oil Supply Glut Oil Inventories Rose 8.3 Million Barrels
(DBN)

Bankrupt Gasfrac gets court approvals to sell most assets
(DBN)

US shale oil firms raise enough equity to avoid loan reset squeeze
(DBN)

Hundreds of jobs lost in North Sea as oil giants announce cutbacks Shell Cuts More North Sea Staff And Shifts
(DBN)

In Texas Oil Towns, Price-Crash Shows Up in Slowing Rent Growth
(DBN)

Oil stockpiled by Iran awaits sanctions' end to hit market
(DBN)

____________

Compensation:

Female execs should be flipping out about their compensation When Companies Perform Poorly, Female Execs Face Bigger Docks in Pay
(DBN)

____________

Education:

Why more U.S. colleges will go under in the next few years
(DBN)

Apollo Falls Most in Four Years as New Enrollment Slumps
(DBN)

Everest College students left in the lurch
(DBN)

____________

Aviation:

South Carolina aviation business files for bankruptcy
(DBN)

Distraught Germanwings pilots refuse to fly Germanwings: Why 8 Minutes of Silence? Senior military official: A pilot on the Germanwings flight was locked out 2 vital clues stand out after the unsolved Germanwings crash
(DBN)

____________

Soccer:

New points penalty for Parma
(DBN)

____________

Student Debt:

The Student Loan Borrower Bill of Rights: The Law of the Land?
(DBN)

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Credit Counseling:

FTC Slams SoCal 'Credit Repair' Group
(DBN)

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Distressed Investing:

Deferred tax assets: compounding value in distressed M&A
(DBN)

____________

Consultants:

Houlihan Lokey gearing up for an IPO later this year
(DBN)

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M&A:

Buyout Firms Feel Pinch From Lending Crackdown
(DBN)

____________

Turnarounds:

Survey Says: Energy, Resources Will See Most Turnaround Activity in 2015
(DBN)

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Publishing:

Family Christian Bankruptcy Felt by Authors, Agents
(DBN)

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New Bankruptcy Opinions
(2 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (24 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (14 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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Miscellaneous:

March Madness: Weil’s Final Four
(DBN)

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Bankruptcy Cost:

The High Cost of Saving a Failing Business: When small firms file for bankruptcy protection, the cost is often $100,000 to $300,000, and sometimes twice that
(DBN)

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Professional Compensation:

The Supreme Court Considers “Fees For Fees”
(DBN)

____________

Lehman:

A Second Home Run? Post-Petition Interest Claims Against Certain Lehman Entities May Be a Multiple Of the Underlying Derivative Claims' Face Amount
(DBN)

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Lien Stripping:

Predicting the Winners in Bank of America Cases
(DBN)

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Exemptions:

Massachusetts Bankruptcy Court Holds that Homestead Protection is Available for Certain Home Offices
(DBN)

____________

Retailing:

Lender asks judge to intervene in RadioShack auction RadioShack auction headed for courtroom showdown
(DBN)

RadioShack’s sale hearing has numerous objections
(DBN)

RadioShack Buyer Sees Rescued Jobs, Creditor Fears Steep Losses
(DBN)

Bidding War to Determine RadioShack's Fate - Salus offer includes $270 million cash Vs. Standard General's bid of $16.4 million Salus Capital fights Standard General's bid for RadioShack Hedge Fund Fighting To Keep RadioShack Brand Alive
(DBN)

The End May Be Nigh For RadioShack
(DBN)

RadioShack plan to sell customer data stirs up opposition New York threatens action if RadioShack sells customer data More Than 20 States Ask Court to Keep RadioShack From Selling Customers' Personal Data
(DBN)

Empty Stores Haunt Landlords as More Retailers Plan Cuts
(DBN)

Karmaloop Bankruptcy: Was Kazbah Good for Fashion Startups?
(DBN)

____________

Tech:

Credit Suisse sees years of pain ahead for IBM
(DBN)

____________

Politics:

Cruz Rails Against Crony Capitalism
(DBN)

Ted Cruz Inherits 'Birthers' With Presidential Bid
(DBN)

____________

Shipping:

Bankruptcy risks loom for container carriers
(DBN)

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Sovereigns:

Argentina minister says Citigroup bond deal is illegal 'Agreement between Citigroup, vulture funds break Argentine law' Argentina sees a "scam" in Citigroup debt deal
(DBN)

Griesa seeks to block Euroclear from processing payments
(DBN)

____________

EU:

The EU Bank Recovery and Resolution Directive: moving towards full implementation
(DBN)

____________

PIIGS:

Greece fails in bid for early cash release, reforms awaited Euro Area Gives Greece Five Days to Deliver plan
(DBN)

Moscow-friendly Greece could 'paralyze' NATO: US expert
(DBN)

Why Greece is Stuck With the Worst of All Worlds Right Now
(DBN)

Greek debt defiance and the potential for a eurozone Grexit Greek Central Bank Governor Stournaras Says Grexit Isn’t An Option Greek central bank governor urges more debt relief
(DBN)

ie: One-year bankruptcy to be discussed by TDs at 'special meeting'
(DBN)

Seán Dunne begins Supreme Court appeal against Irish bankruptcy
(DBN)

____________

Canada:

Winnipeg businessman says city pushing him to bankruptcy
(DBN)

Brian Gallant stands by 6 ministers from Atcon loan fiasco
(DBN)

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Germany:

German consumer confidence just jumped to a 14-year high
(DBN)

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Austria:

Austrian 'bad bank' KA Finanz will need no more aid -CEO
(DBN)

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BRICS:

Crumbling BRICS
(DBN)

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Russia:

Russia's heavy drinkers turn to moonshine, cleaning products
(DBN)

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Vietnam:

Vietnam's Top Rice Exporter Faces Bankruptcy
(DBN)

____________

Hungary:

Hungary's Orbán admits ordering ministries to take funds from bust-prone brokerages
(DBN)

Erste Bank dismisses reports of financial troubles
(DBN)

____________

Ukraine:

Ukraine Bonds Drop as Moody's Adds to Default Concern Amid Talks
(DBN)

Ukraine's whole banking system is falling apart
(DBN)

____________

MENA:

Dubai World gets approval to restructure $14.6 bln debt
(DBN)

____________

Brazil:

Brazil builder linked to Petrobras scandal files for bankruptcy Galvao Engenharia Files for Bankruptcy Protection Amid Probe
(DBN)

Eike Batista’s fall from grace
(DBN)

____________

Yemen:

Yemen is descending into chaos Crude oil prices are surging as fighting rages in Yemen
(DBN)

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