May 12, 2015

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Richard Levin, veteran bankruptcy lawyer, to switch firms Cravath’s Levin To Join Jenner Mandatory Retirement Forces Cravath Bankruptcy Guru To Join Jenner Cravath Bankruptcy Partner Departs for Jenner & Block Esteemed Restructuring and Bankruptcy Lawyer Richard Levin Joins Jenner & Block as New York Partner
(DBN)

Sanitation worker, day trader among jurors selected in trial of Dewey leaders
(DBN)

Brett Miller: Student Loan Debate is More Complex Than Bankruptcy Question Perry Mandarino: Student Debt Could Be Next Bubble, But Shouldn’t be Addressed by Bankruptcy Reform Adam Levitin: Discharge Private Student Loans, But Federal Loans Have Safety Net
(DBN)

Bankruptcy Lawyer: Flying Solo: 10 Things I Wish I Knew (Part 1)
(DBN)

Amid resignations, law firm Gordon Silver figuring out what's next
(DBN)

Which Biglaw Firm Has The Best Parental Leave Policy? Law Firm Didn’t Need John Oliver To Shame Them Into Being Good To Moms
(DBN)

Another Law School In Trouble?
(DBN)

California Should Adopt Uniform Bar Exam, Says Law School Dean
(DBN)

U.S. News Gives 0Ls Law School Advice, Fails
(DBN)

Law Schools With the Most Competitive LSAT Scores
(DBN)

Deep Down, Law Students Learn Like Cavemen, New Article Says
(DBN)

GC: Better Fee Arrangements Through Volume
(DBN)

An Embarrassing Law Firm Advertising FAIL
(DBN)

Orrick Chair: Cost of Parent Leave Program Well Worth It
(DBN)

A New Bar for Paid Parental Leave at Law Firms?
(DBN)

Foley Hoag To Open New York City Office
(DBN)

Police officer sues Starbucks after being burned by cup of free coffee; jury awards nothing
(DBN)

George Zimmerman shot, injured in road rage incident
(DBN)

6 ways to master the iPhone calendar app
(DBN)

7 simple LinkedIn photo tricks that will dramatically increase your chances of landing your dream job
(DBN)

6 proven ways to calm your nerves before speaking in public
(DBN)

How to instantly connect with people you don't know
(DBN)

How to spot a compliment with an ulterior motive
(DBN)

The Vindication of Edward Snowden
(DBN)

Woman gets life without parole for running her 9-year-old granddaughter to death
(DBN)

‘It’s Just Lunch’ Date Leads To ‘It’s Just H-----’ Infection, Lawsuit
(DBN)

NFL to suspend Brady for Deflategate: reports
(DBN)

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Judges:

This actress is slated to play Ruth Bader Ginsburg in movie about her life
(DBN)

Boat Named For Bankruptcy Judge returns To Service
(DBN)

Poll: Nearly Half Doubt Supreme Court’s Impartiality in Obamacare Case
(DBN)

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Wall Street:

Stock futures fall as bonds get battered
(DBN)

Stocks close lower as renewed bond selloff puts Street on edge
(DBN)

Why this hot market is suddenly cooling off
(DBN)

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Layoffs:

Fossil confirms restructuring efforts have included staff cuts
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Distressed Investing:

Burkle’s Yucaipa Sues Distressed-Debt Investors for Fraud
(DBN)

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Aviation:

American reports decline in passenger traffic, key revenue figure
(DBN)

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Bankruptcy Crimes:

Woman pleads guilty to bankruptcy fraud in Maine
(DBN)

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Education:

Former Students Seek to Shape Corinthian Colleges Bankruptcy
(DBN)

Everest University changes course
(DBN)

Forgive and Forget: Bankruptcy Reform in the Context of For-Profit Colleges
(DBN)

Zenith Education Group lays off 131 people at Thornton call center
(DBN)

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Software:

GCE software firm fined $9 million
(DBN)

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Politics:

Elizabeth Warren hits back at Obama in Pacific Rim trade fight
(DBN)

Republicans balk even as economists tout free trade
(DBN)

Presidential candidate Ben Carson wants to change the role of the Supreme Court
(DBN)

Bush: Pamela Geller is Not a Hero
(DBN)

Perry's Skewed Logic on Import-Export Bank
(DBN)

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Weather:

A rash of deadly tornadoes wrecked parts of Texas and Arkansas
(DBN)

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Amusement Parks:

Conneaut Lake Park has more time, more money to reorganize, reopen Judge OKs funding Conneaut Lake Park needs to open
(DBN)

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Small Business:

How small businesses get hooked on ‘financial equivalent of crack’
(DBN)

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Economy:

More evidence U.S. job creation has lost sizzle
(DBN)

Research: Natural Rate of Unemployment under 5% and Falling
(DBN)

Demographics, Unemployment Rate and Inflation
(DBN)

Fed's Dudley Says Interest Rate Increases Will Mark Regime Shift
(DBN)

Here are the 4 things Goldman Sachs knows about millennial parents
(DBN)

Stock buybacks may be a factor in slow wage gains
(DBN)

Labor force participation rate near record low
(DBN)

More Employment Graphs: Duration of Unemployment, Unemployment by Education, Construction Employment and Diffusion Indexes
(DBN)

Millennials Have Taken Over the Workforce
(DBN)

Ouch! That bond selloff cost how much?
(DBN)

The Projected Improvement in Life Expectancy
(DBN)

US Debt Clock
(DBN

Economic Indicators Dashboard
(DBN)

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Real Estate:

Nomura found liable for selling toxic mortgages to Fannie, Freddie
(DBN)

Goldman Sachs Ordered to Pay $80 Million Plus Interest in Mortgage Case
(DBN)

House Flippers Are Back Together With Wall St. What Could Possibly Go Wrong?
(DBN)

What’s holding back first-time homebuyers?
(DBN)

FNC: Residential Property Values increased 4.6% year-over-year in March
(DBN)

NAR: Tight inventory, demand push home prices higher in first quarter
(DBN)

Recent Nevada Supreme Court Opinions Impact Deficiency Actions
(DBN)

Historic Properties of Embattled Owner Sell in Bankruptcy Auction for $37M
(DBN)

Median home price in San Jose, Calif., hits $900,000
(DBN)

Suspended lawyer gets 12 months in federal prison for his role in $3.5M mortgage fraud
(DBN)

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Municipalities:

Detroit Ready To Begin New Round Of Massive Water Shut-offs
(DBN)

Detroit and Deaccessioning—the Museum Responds
(DBN)

Detroit delays bond sale related to bankruptcy exit
(DBN)

Puerto Rico Utility Battles to Restructure Debt
(DBN)

Assessing Bond Insurers' Exposure to Puerto Rico Still Tough
(DBN)

Jefferson County: State Rate Setting Authority vs. The Bankruptcy Code
(DBN)

San Bernardino bondholders lose out versus Calpers, judge rules San Bernardino Judge Rejects Bond Suit Over Pension Debt
(DBN)

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Oil/Gas:

American Eagle Energy Files for Chapter 11 American Eagle Energy Becomes Fourth Shale Bankruptcy American Eagle Energy Enters Bankruptcy
(DBN)

Get ready for another oil price dip: Goldman Sachs
(DBN)

Energy debt investors reap gains on oil rise, but risks loom
(DBN)

A Slow Squeeze on Indebted Oil Firms Has CFOs Looking to October
(DBN)

OPEC says you can forget about $100 oil for at least the next 10 years
(DBN)

New fears in the Canadian oil patch
(DBN)

Nigeria: Banks' exposure to Oil & Gas hits N2.943trn
(DBN)

Noble's Rosetta Deal Is OPEC's Problem - Deals and financing are putting off a shakeout in the U.S. oil sector
(DBN)

Morgan Stanley Selling Oil Business
(DBN)

____________

Corporate Reform:

Citigroup says could plead guilty to settle forex probe Citigroup Says U.S. Declines to Prosecute on Libor Rigging
(DBN)

Many Banks to Plead Over Forex Rigging
(DBN)

____________

Mass Torts:

Death toll from defective GM ignition switches rises to 100
(DBN)

____________

Distressed Investing:

Monomoy Capital Partners Hires David Robbins to Lead Investments in the Debt Securities of Underperfroming Middle Market Businesses
(DBN)

Cerberus Eyes Brazil Deals as Slumping Economy Creates Bargains
(DBN)

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Startups:

Kevin O'Leary of 'Shark Tank' invests in 27 companies and says the only ones making money have this trait in common
(DBN)

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Personal Finance:

6 things you should never spend your money on
(DBN)

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Food/Beverage:

Fresh Produce Buyer Plans to Save More Than Half of Stores
(DBN)

Why people are rejecting McDonald’s
(DBN)

____________

Student Debt:

Here's when you can get out of paying back student debt
(DBN)

____________

Mining:

Molycorp Could Run Out Of Cash By October
(DBN)

Worst for Caterpillar, mining may finally be over
(DBN)

This could be the next sector to rally
(DBN)

____________

Coal:

What's causing Walter Energy's woes?
(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 (17 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (5 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:

Interactive Bankruptcy Statistics Map
(DBN)

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Subordination:

Momentive Plan Confirmation Affirmed: Subordination Dispute
(DBN)

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Cross-Border:

Chapter 15 Cross-Border Insolvency Means Comity and Cooperation; Not Necessarily Comedy and Concern
(DBN)

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Sanctions:

Judge: Blixseth unwilling to comply with orders
(DBN)

____________

Shipping:

Sainty Marine dismisses bankruptcy possibilities
(DBN)

____________

Healthcare:

Court allows Saint Catherine trustee to destroy property
(DBN)

Federal government accuses Hutcheson of $1.4 million fraud
(DBN)

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Flooring:

Must Lumber Liquidators’ new woe: Insurers are balking
(DBN)

____________

Fraud:

Financier Lynn Tilton wants U.S. judge to block SEC fraud case
(DBN)

____________

Sovereigns:

Argentina sues Citigroup over debt repayments
(DBN)

ICMA publishes creditor engagement clauses for sovereign debt issues
(DBN)

New 'vulture' threat: Aurelius tries to block Bonar 24 payment Argentine Bonds Fall After Hedge Fund Asks to Block Payment Argentina reacts to hedge funds attempt to block a fresh debt emission
(DBN)

Argentina debt holdouts seek to broaden scope of court injunction
(DBN)

Paul Singer's Billion Dollar Hedge Fund Is Going to War Over $58,000
(DBN)

____________

UK:

UK taxpayers could lose £13.5 billion on the Royal Bank of Scotland bailout
(DBN)

Britain could leave the EU as early as next year
(DBN)

____________

PIIGS:

Greece pays IMF $836M one day early: Sources Greece made its IMF payment, but it still could be out of cash in two weeks
(DBN)

I.M.F. and Central Bank Loom Large Over Greece's Debt Talks Yikes Greece clears IMF hurdle but don't relax just yet Eurogroup meeting: Greece says deal will be 'difficult' Germany Shows Openness Toward Greek Referendum on Bailout Program Greece not planning bailout referendum Could Greece ever pay off all its debt? Upcoming IMF repayment is just the tip of the iceberg Clock ticking on Greece's debt crisis as talks resume Making sense of the options for Greece Greece is not making 'progress' — it's hurtling toward a default Eurogroup hails Greek progress, says more effort needed The Lessons for Greece's Economy From 70 Currency Union Breakups 4 ways Greece’s epic debt drama may play out Greek drama? More like 'The Kardashians' Bankers look ready to mop up Greece on the cheap
(DBN)

____________

Canada:

Lowe's Canada acquires 13 former Target locations
(DBN)

Target Corp. may be responsible for Canadian store leases
(DBN)

____________

China:

Interest rate cut puts China banks' profits on the line
(DBN)

China has been caught off guard by the 'sharpness of the downturn'
(DBN)

China's central bank is just getting started
(DBN)

China's high-risk rate cut
(DBN)

Risk of Default Spurs Officials' Rescue Effort
(DBN)

____________

Japan:

Sharp restructuring plan: Japanese firm's long-term survival remains in doubt
(DBN)

____________

Bulgaria:

Prosecutors open investigation against Bulgaria’s CCB administrators Bulgarian Prosecution Suspects KTB Quaestors of Deliberate Mismanagement
(DBN)

____________

Singapore:

Changes to bankruptcy laws proposed
(DBN)

____________

Nepal:

Nepal hit by two more large earthquakes
(DBN)

____________

MENA:

Billions of Libya's national resources are at risk
(DBN)

____________

Russia:

Putin's Next Takeover? $34bn in Oil Money
(DBN)

____________

 


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