May 20, 2015

The Daily Bankruptcy News

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Law:

Law firms warned of dangers of over-expansion
(DBN)

Which Law Firm Is Cynically Screwing Over Its Associates?
(DBN)

Biglaw Partner Arrested Cadwalader Partner Arrested for Disorderly Conduct
(DBN)

Buyer Power Is Here to Stay
(DBN)

BigLaw is entrenched in inefficiency, says author
(DBN)

Best In-House Legal Departments (2015)
(DBN)

Sidley Austin LLP Adds New Restructuring, Energy Partner in Houston
(DBN)

Sidley Austin law firm aims to grow Houston's capital markets group, by acquisition if necessary
(DBN)

After its' first lateral hire in 125 years, firm considers opening door to lateral recruits
(DBN)

GCs: Ability to Mitigate Cybersecurity Risks Remains Top Concern
(DBN)

Evaluating Outside Counsel With 3 Key Metrics
(DBN)

Good Decisions Key to 30 Successful Years at Munsch Hardt
(DBN)

Networking For Misanthropes – Pre-Networking
(DBN)

Biglaw’s Top Rated Summer Programs
(DBN)

BakerHostetler point finger at employees over data security
(DBN)

JP Morgan aims to attract women lawyers through back-to-work scheme
(DBN)

Georgia's 2014 Law Grads Found Job Market Was Still Hard
(DBN)

Two William Mitchell Law Profs Drop Lawsuit Over Abrogation Of Tenure In Merger With Hamline After Four Faculty Accept Buyouts, Part Time Status
(DBN)

Survey shows law school grads favor aggressive tuition-lowering tactics
(DBN)

The Value Of Perks
(DBN)

Adventures in junior lawyer advertising: The Texas Law Hawk is back
(DBN)

15-hour a day lawyer and mother turns her train commute into an e-book
(DBN)

Public Interest Lawyers Are Happier
(DBN)

7 signs you lack emotional intelligence
(DBN)

The Apple Watch will finally be in stores 'by June'
(DBN)

Law firm sponsors marijuana professorship Q&A: How Denver Law's Pot Professorship Came to Pass
(DBN)

The story behind the biker gang feud that erupted in a shootout at a Texas restaurant From motorcycle enthusiasts into criminal syndicates: biker gangs, explained
(DBN)

Police cash confiscations still on the rise
(DBN)

Facebook seeks to gag lawyer who specializes in online bullying
(DBN)

Wrongful Conviction Has Happy Ending — Well, Depending How You Feel About More Lawyers
(DBN)

Law Grad/E----- Dancer/G----- Takes The Main Stage On ‘The Bachelorette’
(DBN)

"Just Teasing?"
(DBN)

Hipster Lawyers
(DBN)

NFL player's wife sues the financial firm she worked for, claims it harassed her for being married to a black man
(DBN)

Patriots to accept NFL penalty for 'Deflategate'
(DBN)

Say What?!
(DBN)

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Judges:

Supreme Court Justices Officiate Lots of Weddings Ruth Bader Ginsburg officiated a same-sex wedding, and everyone's looking for clues
(DBN)

Three Wisconsin justices skip law grad ceremonies amid dispute over the rightful chief justice
(DBN)

Judge agrees to $10K fine for cursing at store owner who displayed a rival’s campaign sign
(DBN)

Texas judge is admonished for ‘New York Jew’ and Muslim beard comments, marathon court session
(DBN)

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Wall Street:

US stock futures sit tight ahead of Fed minutes
(DBN)

US stock market drifts from latest record highs
(DBN)

The incredible shrinking Wall Street banks?
(DBN)

Survey: Wall Street ethics still an oxymoron
(DBN)

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Layoffs:

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Awards:

2015 Chambers Rankings: Bankruptcy
(DBN)

National Law Journal Names Jenner & Block Bankruptcy Head Catherine Steege an “Outstanding Woman Lawyer”
(DBN)

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Privacy:

The RadioShack bankruptcy shows you can't trust a company's privacy pledge
(DBN)

FTC, State Regulators, and Apple Weigh in on RadioShack Customer Data Sale
(DBN)

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Gambling:

UNLV law professor is a key player in Caesars Entertainment bankruptcy case
(DBN)

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Mass Torts:

Asbestos defense attorney on FACT Act: ‘Nobody should be against transparency’
(DBN)

Judge approves $200M settlement in New England Compounding Center case
(DBN)

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Amusement Parks:

Conneaut Lake Park Loan Approved in Court Judge approves another $150K loan for Conneaut Lake Park to open
(DBN)

Creepy, Abandoned Theme Parks Left to the Elements
(DBN)

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Coal:

Many American Coal Producers Are on the Brink of Bankruptcy
(DBN)

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Newspapers:

The great devaluation of the American daily newspaper
(DBN)

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Aviation:

Airline owned by Estonian tycoon nears bankruptcy
(DBN)

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Celebs:

Arrest Warrant Issued for Girls Gone Wild Founder Joe Francis
(DBN)

____________


Economy:

Ex-Fed official: Hike rates now or risk a tantrum
(DBN)

Fed minutes could put nail in coffin of June rate move Rate hike not right until early 2016: Fed's Evans Is this what keeps Janet Yellen up at night?
(DBN)

A delayed Fed rate hike may not be all that good for stocks
(DBN)

Walmart CEO reveals what Americans are really doing with their money
(DBN)

1Q growth could be stronger than reported: SF Fed
(DBN)

Fed's Evans: Natural Jobless Rate in US May Be Lower Than 5%
(DBN)

This commodity is next to crash: BofA
(DBN)

Millennials will buy homes and have kids: Citi
(DBN)

Spring rebound may be in the cards after all
(DBN)

A 'villain' of the financial crisis is trying to make a comeback, and Wall Street can hardly believe it
(DBN)

L.A. planning to raise minimum wage by 67%
(DBN)

The best indication of what a federal $12 minimum wage could mean for poor places comes from Puerto Rico
(DBN)

US Regulators Warn of Cyber Threat to Financial System
(DBN)

Yellen Says Regulators Ready to Act as Panel Cites Risks
(DBN)

US Debt Clock
(DBN

Economic Indicators Dashboard
(DBN)

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Real Estate:

Housing Starts in U.S. Surge to Seven-Year High, Permits Climb Quarterly Housing Starts by Intent
(DBN)

At last there’s a tailwind for U.S. economy: housing
(DBN)

Mortgage Applications Decrease in Latest Weekly Survey
(DBN)

How law firm shutdown may affect foreclosure court
(DBN)

‘It’s a seller’s market:’ West MI home prices on the rise as inventory dwindles
(DBN)

Sacramento Housing in April: Total Sales up 9% Year-over-year
(DBN)

Moncure spars with bankruptcy attorneys over assets
(DBN)

Contractor and Bookkeeper Both Sentenced to Prison for Mortgage Fraud
(DBN)

TX Ranch Hits Market For $713 Million
(DBN)

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Municipalities:

Here Are the Winners and Losers of Puerto Rico's Debt Crisis
(DBN)

Moody's downgrades Newark, last of seven N.J. cities on review
(DBN)

Chicago: My Kind of Bankruptcy ?
(DBN)

We have a municipal bond crisis in Chicago: Advisor
(DBN)

As Illinois runs out of options in budget crisis, tax rises seen in the cards
(DBN)

JPMorgan Chase Voice: The Road To Rebuilding Detroit
(DBN)

Atlantic City Banks on New Jersey Backstop in Bond-Market Return Atlantic City tests the markets with bond sale
(DBN)

Muni risk rises as pensions are put first
(DBN)

These Are the Best U.S. Cities for Jobs (And They May Surprise You)
(DBN)

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Oil/Gas:

Weds. A.M.: Oil prices rise on US stock draw, strong Japan data
(DBN)

Tues. A.M.: Crude oil is getting smoked Cashin: Oil on verge of breaking down US crude settles down 3.65%, at $57.26 a barrel
(DBN)

Why an oil price recovery won’t mean oil patch recovery
(DBN)

Flood of new cash sustains US oil firms; energy dealmakers gripe
(DBN)

Current and future perspectives for the oil and gas sector - 8% of suppliers headed for bankruptcy, 42% for consolidation
(DBN)

Local fracking bans are banned under a new Texas law
(DBN)

The oil industry faces a big problem, and it's not related to what lies below the ground
(DBN)

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Tech:

Jawbone's last $300 million loan came with harsh terms, says report
(DBN)

Etsy shares plummet on unexpected quarterly loss
(DBN)

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Banking:

Deutsche Bank's retail chief is quitting because he's unhappy with the bank's restructuring plan
(DBN)

____________

Politics:

79 Members Of Congress Have Been In Office For At Least 20 Years
(DBN)

One reason Clinton’s finances might not damage her in the campaign
(DBN)

____________

Healthcare:

El Paso Children's Hospital Announces Restructuring Plans Children's Hospital CEO announces bankruptcy filing Expert: Bankruptcy filing for Children's Hospital appears to be 'Hail Mary' Local officials react to El Paso Children's Hospital filing for bankruptcy Senator Rodríguez Disappointed With El Paso Children's Hospital Bankruptcy Filing County Judge not pleased Children's Hospital Bankruptcy: Parents worried; staff reassured Judge Mott to preside over El Paso Children's Hospital bankruptcy filing
(DBN)

Montana company to take over Saratoga nursing home
(DBN)

KS takes over nursing home because operator is insolvent
(DBN)

You Don’t Want to Be Old in These States
(DBN)

It's Not Just You -- Those Health Insurance Deductibles Are Getting Scary
(DBN)

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Retailing:

Wal-Mart sales miss estimates as shoppers save more, spend less
(DBN)

What Home Depot's Results Say About the Economy and Housing
(DBN)

Lowe's misses Street 1Q forecasts
(DBN)

Dick's Sporting Goods gives downbeat outlook
(DBN)

Where has the American shopper gone?
(DBN)

____________

Construction:

Trulands settle multimillion-dollar lawsuit, avoid trial
(DBN)

____________

Taxis:

Largest Taxi Owner Gene Freidman Appears in Court to Press for Relief
(DBN)

Capital One Sued by Taxi Finance Firm Jilted for Uber
(DBN)

____________

Guns:

Colt extends bond swap deadline after low response
(DBN)

Colt Defense Receives Default Grade After Ultimatum to Creditors
(DBN)

____________

Fraud:

MF Global Investor Lawsuit Against Brokers Makes Progress
(DBN)

The number one thing that makes you susceptible to fraud
(DBN)

Cancer charities allegedly misused $187 million in donations, bought luxury cruises and cars
(DBN)

____________

Corporate Reform:

UBS agrees to pay $545M in manipulation probes
(DBN)

5 of the world's biggest banks are expected to plead guilty in an unprecedented criminal case
(DBN)

____________

 


New Bankruptcy Opinions
(3 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (25 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (13 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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Bankruptcy Finance:

It's Not About You: No Profits On Replacement Loans in Bankruptcy
(DBN)

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Avoidance Actions:

Hey Insiders, the Ninth Circuit Just Gave You a Leg-Up on Avoiding Preference Exposure on Guaranteed Debt
(DBN)

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Cross-Border:

OAS Bondholder Fight Spills Into New York Bankruptcy Court
(DBN)

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Insurance:

D&O Insurance: The Major Shareholder Exclusion
(DBN)

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Litigation:

Is the Debate on Predictive Coding Ending?
(DBN)

How SharePoint Is An Underutilized E-Discovery Tool: A Pictorial Walkthrough
(DBN)

___________

Education:

Corinthian collapse sparks effort to cancel student loan debt
(DBN)

Call to wipe away Corinthian students’ debt grows louder
(DBN)

Education Dept. Readies Debt-Forgiveness Plan for Ex-Corinthian Students
(DBN)

Sen. Bernie Sanders wants free tuition at four-year public colleges. Here’s why it won’t work.
(DBN)

Minorities and poor college students are shouldering the most student debt
(DBN)

Why it’s good news that fewer people are going to college
(DBN)

____________

Environmental:

Ex-chemical company execs want trial moved outside W.Va.
(DBN)

____________

Alternative Energy:

Yingli Green Crashes 12% on Looming Bankruptcy Concerns
(DBN)

____________

Bankruptcy Crimes:

Sentencing for Stamp Farms co-owner Melissa Stamp adjourned in bankruptcy fraud case
(DBN)

____________

Furniture:

Oregon furniture maker, once lauded as onshore manufacturing success, files for bankruptcy
(DBN)

___________

Personal Finance:

6 pieces of misguided financial advice that need to die
(DBN)

____________

Sovereigns:

Citi Barred from Exiting Custodian Role by Argentine Court
(DBN)

____________

UK:

Why DPAs will be bad news for D&O insurers
(DBN)

Burberry slides the most since Oct. 2013
(DBN)

____________

EU:

European shares return to near multi-year highs
(DBN)

Harmonising insolvency law – nice, but not necessary
(DBN)

5 bubbles that Draghi’s QE is already blowing
(DBN)

___________

PIIGS:

The Greek government just admitted it won't make the next IMF payment without a bailout deal European leaders rejected the Greek budget yet again Greek Finances to Stagger On Longer Than You Think Merkel Seeks to Head Off Party Revolt Against Greek Deal The hidden cry for help in Greece’s Eurovision song ECB ensnared in politics as it faces vote on Bank of Greece loans History tells us how the Greek drama could end
(DBN)

____________

Canada:

CIBC reports insolvencies rising for the first time since the recession
(DBN)

Banks Willing to Take 75% Cut on Hydro IPO Fees: Sousa
(DBN)

Bankruptcy, foreclosure and exodus batter Calgary’s housing market
(DBN)

Insolvency on rise in Sask. by nearly 11%
(DBN)

____________

France:

France slammed by IMF for record-high spending
(DBN)

____________

Germany:

What Should Be Done With A German Zombie Bank?
(DBN)

____________

China:

Foreign investors warned over inconsistency as China moves ahead on bankruptcy
(DBN)

China's party is running out of booze
(DBN)

The booming solar company that made its chairman one of China's richest men just imploded
(DBN)

____________

Russia:

Russia’s Richest Billionaire Says Sanctions Are Losing Impact
(DBN)

____________

Japan:

Japan's Economy Grows as Investment Gains, Inventories Rise
(DBN)

____________

Hong Kong:

Formerly hot Hanergy plunges 47%, wipes $18.6 billion from value
(DBN)

____________

Austria:

Carinthia given €343 million lifeline
(DBN)

____________

Finland:

Number of bankruptcies continues to fall
(DBN)

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