May 22, 2015

The Daily Bankruptcy News

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Due to the Memorial Day holiday, The Daily Bankruptcy News will not publish on Monday, May 25, 2015





Law:

Restructuring Community Pays Tribute to Harvey Miller
(DBN)

For Women Lawyers, Career Choices Have Price
(DBN)

Fox Rothschild Elevates New Bankruptcy Partner
(DBN)

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Trial attorney and wife give $10m to law school from which 3 generations of his family graduated
(DBN)

$72M payday for 2 small law firms OK’d by judge
(DBN)

A Long Road Back to Cravath
(DBN)

Harvard Law Jerk Confirms Everything You Thought About Harvard Law
(DBN)

New University Of Texas President Rejects 'Vulgar' Salary Slurped Up By His Counterparts At Other Colleges
(DBN)

Welcome To The Suck, Law Profs
(DBN)

Bar Exam Software Firm to Pay $2.1M Settlement
(DBN)

Those Social Media Pros For Law Firms - Like Doc Reviewers, Technology Could Eliminate Their Jobs
(DBN)

Seyfarth Shaw chair starts to tweet as other BigLaw heads shun Twitter
(DBN)

GW Law Speaker: Embrace the Struggle, Law Grads
(DBN)

Survey says: Aspiring GCs must develop skills, experience
(DBN)

Who’s the client? A trip to Ethics Boot Camp
(DBN)

Technology drives transformation in the legal department
(DBN)

Appeal Denied in Defunct Company Privilege Lawsuit
(DBN)

Australia follows US in client auction service for lawyers
(DBN)

Lawyers Acting Badly On A Train
(DBN)

What Makes Lawyers Happy?
(DBN)

Fury at HogLove as salary hike puts pay for new layers above existing lawyers
(DBN)

Young Eversheds partner collapses and dies at work
(DBN)

Why Are D.C. Lawyers Such Frigging Babies?
(DBN)

A Litigation Attorney And His Apple Watch
(DBN)

Newt Gingrich To Colonize Biglaw Firm Instead Of Moon
(DBN)

Yelp Gets In On The Law School Rankings Game
(DBN)

6 Warning Signs For When Not To Take On A Client
(DBN)

Notre Dame Threatens Suicide
(DBN)

Police Officers Arrested In Miami In Sweeping Fraud Case
(DBN)

We finally know how George Clooney proposed to lawyer Amal Alamuddin
(DBN)

Ex-lawyer publishes toe-curling story of mid-life crisis
(DBN)

A&O associate berates colleagues over spillage
(DBN)

Partner stars as gym's before-and-after poster boy
(DBN)

Pizza order reportedly leads to suspect in DC slayings
(DBN)

Grandchildren Fail To Clean Rooms . . . So Grandmother Kills Their Cat and Four Kittens With Hammer
(DBN)

Tiny bonsai tree worth $2K is stolen from museum, abandoned and recovered but was ‘severely pruned’
(DBN)

Man on trial in bail-jumping case exits courtroom as lawyers talk with judge in chambers
(DBN)

White police officer shoots two unarmed black men suspected of stealing beer
(DBN)

Grand Jury indicts all six Baltimore cops involved in the death of an unarmed black man
(DBN)

NYPD busts food cart vendor charging $30 a hot dog
(DBN)

Kidnap Survivor Found Murdered With Her Son
(DBN)

Ex-Football Player Pleads Guilty to Posting Revenge P----
(DBN)

Couple Killed by Fumes After Having S-- in Running Car
(DBN)

Judge reaffirms, then stays, Ala. same-sex marriage order
(DBN)

In Daredevil’s Final Episodes, Matt Finally Uses The Legal System
(DBN)

Say What?!
(DBN)

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Judges:

Authorities investigate pill found at bottom of judge’s water glass
(DBN)

The Unquenchable Thirst For Supreme Court Tea Leaves
(DBN)

Obama’s Game of Chicken with the Supreme Court
(DBN)

Posner’s Pottage
(DBN)

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Wall Street:

Stock futures sidelined ahead of Yellen
(DBN)

Stocks rise as investors look past mixed data; oil jumps
(DBN)

There's only one thing keeping 5 of the world's biggest Wall Street banks in business
(DBN)

The stock market is calm. Too calm
(DBN)

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Layoffs:

 

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Consultants:

Alvarez & Marsal Bolsters Commercial Restructuring Practice
(DBN)

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Retailing:

Creditors submit only bid to buy bankrupt Karmaloop No bidders for bankrupt Karmaloop CEO to be replaced
(DBN)

Delia’s, Coldwater Creek Live on After Stores Close
(DBN)

Retailer Cache gets final OK for loan after deal with creditors
(DBN)

Standard General Cleared to Buy RadioShack Data
(DBN)

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Tech:

Pebble Apparently Can't Keep Up With Its Own Growth
(DBN)

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Debt Collection:

California One-Action Rule Preempted by Federal Debt Collection Improvement Act
(DBN)

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Economy:

US jobless claims rise; four-week average lowest since 2000 Layoffs remain low as jobless claims rise
(DBN)

US labor market resilient despite sluggish economy
(DBN)

Schiff: Fed's 'heroin' is about to wear off
(DBN)

More Parents Bankrolling Adult Children
(DBN)

Crises Are A Relationship Test for the Fed and Congress
(DBN)

The world's biggest economies had a bad May (except Japan)
(DBN)

Glaring signs 1999 is back?
(DBN)

Philly Fed Index Unexpectedly Indicates Slower Growth In May
(DBN)

12 things no one tells you about working for yourself
(DBN)

McDonald's workers: 'supersize my check' McDonald's Oak Brook headquarters swarmed with wage protesters
(DBN)

How Uber-type jobs are driving inequality, and what to do about it
(DBN)

If you thought income inequality was bad, get a load of wealth inequality
(DBN)

The Shockingly Short Life Spans of Public Firms
(DBN)

Our $58 Trillion Love Affair with Debt
(DBN)

US Debt Clock
(DBN

Economic Indicators Dashboard
(DBN)

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Real Estate:

Existing home sales hit 5.04 million units in April, vs. expectations of 5.24 million Sales crater, falling 3.3% Listing Shortage
(DBN)

US Housing Recovery: Too Few Homes for Sale
(DBN)

Distressed Sales and Cash buyers for Selected Cities in April
(DBN)

Average US rate on 30-year mortgage slips
(DBN)

Fannie Mae predicts strong spring homebuying season
(DBN)

It's getting more expensive to be a renter Zillow: Rents gallop past home values in April
(DBN)

Two North Texas malls languish as tenants flock to new centers
(DBN)

Fraud enforcement official arrested for mortgage fraud
(DBN)

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Municipalities:

Chicago is not on the road to becoming the next Detroit
(DBN)

Gov. Rauner softens some 'Turnaround Agenda' demands
(DBN)

San Bernardino Firefighters Wedgied by Their Own Petards
(DBN)

Calif. city could outsource fire, EMS services
(DBN)

Kansas Now Relishes Punishing Their Poor
(DBN)

Moody's downgrades Puerto Rico GDB notes to Ca from Caa1, GOs to Caa2 from Caa1; outlook negative
(DBN)

Christie Pension Albatross Has Investors Dumping New Jersey Debt
(DBN)

Americans Are Moving to These Cities These are the fastest growing cities in America — and they are not N.Y. or San Francisco
(DBN)

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Oil/Gas:

Brent crude oil steadies near $66 before long weekend Oil above $60, but where's the OPEC worry? Why Oil’s Rally Is Over
(DBN)

Drilling Efficiency To Keep Oil Prices Low
(DBN)

Why oil stocks aren’t out of the woods
(DBN)

OPEC may condemn the world to oil glut for years
(DBN)

Saudi Oil Supply Outpaces Rivals in Grab for Record China Demand
(DBN)

Clock Running Out For Struggling Oil Companies
(DBN)

How Saudi Arabia may cost Alaska state employees their jobs
(DBN)

Canada oil patch to see massive consolidation, analyst predicts
(DBN)

U.S. natural gas imports reach lowest level in 28 years
(DBN)

Lenders give Sabine Oil & Gas more time
(DBN)

Moody's Sees Doubling in Energy Firm Defaults
(DBN)

Canada adapting to cheaper oil to avoid going way of the auto industry
(DBN)

Latest bad news for oil-rich Alberta: more getting unemployment aid
(DBN)

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Student Debt:

There's a fight between angry student debtors and the Education Department over a law nobody knows how to interpret
(DBN)

In-Debt JDs, et al. - Good News, Your Loans Are 2016 Campaign Meme
(DBN)

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Flooring:

Lumber Liquidators CEO resigns 'unexpectedly'
(DBN)

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Corporate Reform:

How criminal charges became another day at the office for banks
(DBN)

Senate banking committee passes massive regulatory relief bill
(DBN)

Mary Jo White's SEC Is the Agency That Barely Moves
(DBN)

Lawsky To Start Legal Consulting Firm
(DBN)

One of Wall Street's biggest enemies is everybody's favorite law school graduation speaker
(DBN)

Were Bank Settlements Really Payments of Extortion to the Department of Justice??
(DBN)

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Fraud:

Life Partners bankruptcy trustee announces fraud findings
(DBN)

ZeekRewards receiver files for 10 more default judgments
(DBN)

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Travel:

Luxury Link Ceases Operations, Leaves Prepaid Bookers in the Lurch
(DBN)

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Privacy:

In Bankruptcy , CIOs Must Balance Privacy Promises with Maximizing Data
(DBN)

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Hockey:

LECOM emerges as investor in local bid for Erie Otters
(DBN)

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Education:

FL: Acclaim Academy charter schools file for Chapter 7 bankruptcy
(DBN)

11 Year Old Graduates from Calif. College
(DBN)

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Food/Beverage:

Pizzeria Regina Files for Ch. 11 Bankruptcy
(DBN)

McDonald’s Must Win Over Franchisees to Escape Slump
(DBN)

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Politics:

Rubio: 'Living above his means'?
(DBN)

Jeb: George Spent Way Too Much Money
(DBN)

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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 (13 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (6 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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Avoidance Actions:

Deprizio, Shmeprizio: A Waiver of Indemnification Can Shield an Insider Guarantor from Liability (at Least in the Ninth Circuit)
(DBN)

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Jurisdiction:

Will “Wellness” Make Us Better?
(DBN)

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Corporate Governance:

New Decision Clarifies Rules Regarding Derivative Standing for Creditors in Delaware Court of Chancery
(DBN)

Delaware Offers New Guidance on Enforcing Fiduciary Duties
(DBN)

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TBTF:

U.S. Senator Vitter withdraws amendment on bank capital minimums
(DBN)

?A Progress Report on the Resolution of Systemically Important Financial Institutions, Martin J. Gruenberg, Chairman, FDIC
(DBN)

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Litigation:

Spoliation and the long-awaited federal e-discovery rule changes
(DBN)

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Insurance:

Life Partners Trustee Alleges Wide-Ranging Death-Bond Fraud
(DBN)

Lumbermen’s ordered into financial rehabilitation
(DBN)

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Bankruptcy Crimes:

NW Indiana accountant accused of fraud faced 34 counts
(DBN)

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Lehman:

Lehman Suing Over Soured Mortgage Loans
(DBN)

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Celebs:

Tim Blixseth Petitions Supreme Court for Release From Jail - Founder of Yellowstone Club resort jailed for contempt over the millions he owes his creditors
(DBN)

Dallas billionaire Sam Wyly's first mass art collection auction produces record results
(DBN)

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Personal Finance:

What I wish I had known about money in my 20s
(DBN)

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Healthcare:

Another member of El Paso Children's Hospital board resigns Bankruptcy judge leaning towards mediation in El Paso Children's Hospital case Distrust soured relations between UMC and EL Paso Children's
(DBN)

Many Insured Americans Can't Afford Health Care Americans with Obamacare Are Still Afraid of Big Medical Bills
(DBN)

Republicans may again thwart Obamacare-hating conservative’s efforts to save eyesight
(DBN)

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Coal:

Murray Energy Founder/CEO Robert Murray sees bankruptcies, layoffs coming to the industry
(DBN)

Murray Energy to Lay Off Around 1,400
(DBN)

More Bad News For Peabody Energy - Are We Seeing The End Of The Coal Industry?
(DBN)

Patriot Said to Pick Blackhawk Mining as Stalking-Horse Bidder
(DBN)

Patriot Coal Committee Appointed
(DBN)

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Autos:

Can Takata survive the massive airbag recall?
(DBN)

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Rail:

CEO of Wilmington's Vertex Rail just filed for bankruptcy for former company
(DBN)

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Mass Torts:

Man who caught listeria-related meningitis sues Blue Bell
(DBN)

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Sovereigns:

On Ukraine's external debt, EU suggests dialog
(DBN)

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UK:

Insolvency profession saves 230,000 jobs
(DBN)

Bloxham partner who helped bring down the firm won’t pay a cent in fines
(DBN)

Pension Protection Fund – new guidance on Insolvency Practitioner fees
(DBN)

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PIIGS:

Varoufakis courts controversy anew with taping remark Greek optimism about imminent deal not justified: Schaeuble Merkel, Hollande and Tsipras to meet in Riga to give push to debt talks Yanis Varoufakis should forget Grexit, the EU will starve Greece of cash 'We can't just throw Greece of the euro' - Juncker warns ahead of crunch summit Greek official says 'closer to a deal' after Riga talks Merkel, Hollande urge Tsipras to complete current bailout
(DBN)

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Germany:

Better Protection For Bank Customers Under New German Law
(DBN)

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Hungary:

KDNP submits personal bankruptcy bill
(DBN)

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Brazil:

Brazil's economy hit by recession; unemployment surges
(DBN)

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MENA:

Iran Rejects Access to Military Sites, Scientists
(DBN)

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