May 7, 2015

The Daily Bankruptcy News

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Law:

Law School Cuts Graduation Events To Protect Profits
(DBN)

Bankruptcy Pro Eric Miller, Former FTI General Counsel And Chief Risk Officer, Rejoins DLA Piper
(DBN)

Biglaw Firm Gets Sued For Malpractice — And Elder Abuse?
(DBN)

'Human Capital' Theory Doesn't Explain Law Grad Earnings
(DBN)

Legal Sector: The Odds Are It's Filled With "Passers"
(DBN)

What Lawyers Put in Their Bios vs. What Clients Want
(DBN)

How To Build A Quality Litigation Finance Firm
(DBN)

Lawyers accused of DUI setup of opposing trial counsel fight to suppress video of paralegal
(DBN)

Congratulations to the Columbia Law Review for winning the ATL video contest
(DBN)

Law School Exam Website Crashes During Finals
(DBN)

Charleston School Of Law - It's Come To This The Charleston Saga, Cont'd (Updated): The Law School Bubble May Have Found Its Lehman Brothers Charleston School of Law to close? CSOL: The End Is Nigh
(DBN)

Class of 2014 has better job picture than prior year’s law school grads
(DBN)

This athlete has figured out a way to get free law school tuition
(DBN)

10 things you didn't know about texting on your iPhone
(DBN)

Worry Over Big Law Cybersecurity
(DBN)

More U.S. Mergers Predicted
(DBN)

Federal Judge Allows Prof's Lawsuit Against Law School, Faculty Colleague For Bullying To Proceed
(DBN)

LawProse: Ban “and/or”
(DBN)

Survey says, GC roles expanding beyond just legal
(DBN)

The Responsible Way Out Of The Law School Crisis
(DBN)

Suit Against Kirkland To Provide Guidance On Conflict Waivers?
(DBN)

These men found an innovative approach to work/life balance — trick the boss
(DBN)

Aide to California state attorney accused of running an occult police force claiming to be 3,000 years old
(DBN)

7 tips to avoid looking like a mess after a long flight
(DBN)

Here’s the Secret to Getting Way More Done During the Day
(DBN)

NFL investigation determines that the Patriots intentionally deflated footballs used in AFC Championship game Tom Brady likely knew Weirdest Thing About NFL Patriots Report
(DBN)

A woman being held hostage by her boyfriend managed to be rescued after asking for help through the Pizza Hut app
(DBN)

Baltimore mayor promises police body cameras by end of year Baltimore Mayor Asks Feds To Investigate Police Department
(DBN)

These cops are tired of white people getting freaked out by their black neighbors
(DBN)

“Because I feel like arresting you”: Minneapolis Police Officer Threatens To Break Leg Of Suspect In Videotaped Abusive Stop
(DBN)

Do Fans Suing Manny Pacquiao Have a Fighting Chance? Time for probe of Manny Pacquiao mess
(DBN)

God Sues Gays In Nebraska. God Has Terrible Grammar.
(DBN)

Meth Motels Keep Blowing Up
(DBN)

Amy Schumer Tackles Legal Classic
(DBN)

FBI: No ISIS Connections to Garland Gunmen
(DBN)

Cops: Parents Used Pot As "Bargaining Tool" Report: Parents Bribed Their Teens With Cocaine to Get Them to Do Chores
(DBN)

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Judges:

Bankruptcy Judge To Administer Oath In Citizenship Ceremony
(DBN)

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Wall Street:

Wall Street set to open sharply lower as yields weigh
(DBN)

World stocks swept lower as bonds, dollar struggle to steady China's Stocks Cap Biggest Three-Day Rout Since June 2013
(DBN)

U.S. Stocks Fall
(DBN)

Yellen cites 'potential dangers' in US stock valuations The Fed Chair Says Stocks Look Expensive. Here's What She Means Traders shrug off Yellen, bail on market anyway Allianz's El-Erian Says Stock Valuations "High"
(DBN)

Stock Market in for a Nasty Correction
(DBN)

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Layoffs:

Industrial giant Siemens to cut 4,500 jobs
(DBN)

Minntac layoffs pared to 400
(DBN)

Conduit Global lays off 592 employees
(DBN)

Northrop Grumman laying off 426 employees
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Gambling:

Caesars: More Losses Expected This Quarter
(DBN)

Judge delays decision on Caesars bankruptcy protocols
(DBN)

Caesars reports net revenue boost
(DBN)

Caesars’ OpCo to let creditors see pre- bankruptcy deals
(DBN)

Stockton University trustees authorize probe into purchase of Showboat casino
(DBN)

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Corporate Reform:

Dodd-Frank Rules Could Shave $895 Billion Off Economic Growth Over a Decade, Think Tank Says
(DBN)

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Environmental:

Freedom Industries execs charged in West Virginia chemical spill returning to court
(DBN)

Freedom will seek more money for cleanup
(DBN)

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Weddings:

Santa Barbara Business Gone. Many Upset People Looking For Their Money
(DBN)

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Agriculture:

Dropping the Iran sanctions could be bad for US pistachio farmers
(DBN)

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Newspapers:

The New York Times And Its March Towards Bankruptcy
(DBN)

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Social Media:

Social Media Assets in Bankruptcy: Facebook and Twitter Accounts Subject to Reach of Creditors
(DBN)

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Celebs:

Sonja Morgan Money Problems Serious? Net Worth, Bankruptcy Huge Topics On 'RHONY' As Castmates Try To Understand Fashion Brand Sonja Morgan on Bethenny Frankel: 'I don't feel like Bethenny understands'
(DBN)

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Retailing:

Fredericks of Hollywood Can Move Ahead With Authentic Bid
(DBN)

HRG's Insurer Says RadioShack Investment Wipes Out Profit
(DBN)

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Nutritional Supplements:

Natrol and Citibank exchange blows in Ch. 11 confirmation fracas
(DBN)

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Tech:

Bankruptcy Watchdogs Request Examination of GT Advanced Technologies' Spending
(DBN)

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Resorts:

Kamloops golf resort Tobiano rebuilds after near- bankruptcy
(DBN)

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Economy:

Yellen says risks from low interest rates are 'moderate'
(DBN)

Preview: Employment Report for April
(DBN)

Fed's George: 'Murky' to spot bubbles
(DBN)

Fed’s Lockhart Still Sees Rate Rise in Coming Months, Data Permitting
(DBN)

Kocherlakota: First-Quarter Economic Softness Is ‘Matter for Concern’
(DBN)

Social Safety Net Lifts 48 Million Out of Poverty
(DBN)

Mohamed El-Erian: US economy will disappoint in 2015 El-Erian warns of trouble as bond liquidity dries up
(DBN)

ADP: Fifth straight slowing in jobs creation ADP: Private Employment increased 169,000 in April
(DBN)

US productivity drops at 1.9 percent rate in first quarter
(DBN)

Be prepared for a stunning drop in the unemployment rate on Friday
(DBN)

Whether It's Yellen or Fischer Leading the Fed, a June Rate Hike Is Very Possible
(DBN)

The minimum wage around the world
(DBN)

Most millionaires say they're middle class
(DBN)

Demographics are Now Improving
(DBN)

GOP Wants $194Bn in Cuts to Gov't Employees
(DBN)

Nobel Laureate Joseph Stiglitz: 'There is no magic bullet' to fix income inequality
(DBN)

More than a third of US millennials would leave the country to get better parental-leave benefits
(DBN)

The finding that men are pretending to work 80-hour weeks says a lot about modern management
(DBN)

U.S. Minimum-Wage Employees Must Work 50 Hours a Week to Escape Poverty, OECD Says
(DBN)

Krugman: The Worst Ex-Chairman Ever
(DBN)

Bernanke Inc.: Lucrative Life of a Former Fed Chairman
(DBN)

US Debt Clock
(DBN

Economic Indicators Dashboard
(DBN)

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Real Estate:

Plan Confirmation Feasibility: “I Know It When I See It”?
(DBN)

MBA: Mortgage Delinquency and Foreclosure Rates Decrease in Q1, Lowest since Q2 2007
(DBN)

 

Claren Financial: The mortgage market faces 3 more years of recovery
(DBN)

MBA: Mortgage delinquencies and foreclosures drop in 1Q
(DBN)

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Municipalities:

Illinois governor says no bailout for Chicago
(DBN)

Puerto Rico appeals for options to restructure $9 billion in muni debt Puerto Rico faces battle to avoid default Feds Not Riding to Puerto Rico Rescue Echoes Playbook on Detroit
(DBN)

Marathon Sees Prepa Debt Among ‘Best Ideas’ in Gundlach Echo
(DBN)

City of North Las Vegas to dump 'integrity' from core values
(DBN)

Chicago teachers 'insulted' over request for 7 percent pay cut
(DBN)

Christie appointee paid $70,000 for 3 months' work on Atlantic City finances AG: Kevyn Orr billed $950 an hour to advise Atlantic City
(DBN)

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Banking:

2 former top Wilmington Trust executives indicted in bank fraud case, both deny any wrongdoing Hid 'credit turds': 2 bankers indicted for Wilmington Trust collapse; 4 face SEC rap
(DBN)

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Oil/Gas:

Thurs.: Crude oil slips on supply jitters

Oil's bull run hides a deep disconnect, crude traders warn The Great Oil Price Recovery Of 2015: Wait, What? Oil hits 2015 peak after first US crude drawdown since January Here's Why the Oil Rally Might Not Last Oil top may be in, could get ugly: Analyst Oil Sector May Not Cause Financial Apocalypse After All
(DBN)

Hedge funds are in love with crude oil
(DBN)

Chesapeake Energy Posts Big Loss, High Cash Burn, Amid Oil Slump
(DBN)

Transocean swings to a loss on $881 mln in charges
(DBN)

Continental Resources swings to loss
(DBN)

Investors eye BDC portfolios for signs of more pain from energy sector
(DBN)

Oil company job cuts: Is the worst over?
(DBN)

Wilbur Ross Sees Little Downside In His Basket of Oil and Gas Debt Holdings
(DBN)

Big Oil Companies Find Gains in Trading
(DBN)

What Alberta's shocking election results could mean for the oil sands
(DBN)

Big Oil's Disruptive Climate Change - Real Risk Of Stranded Assets
(DBN)

Why the World's Appetite for Oil Will Peak Soon
(DBN)

Will ' Oil Factories' Burst The Saudi Bubble?
(DBN)

One Industry Cashing In Big On Cheap Oil
(DBN)

Is This The Top For Oil Prices For Now?
(DBN)

How oil is causing bond yields to spike
(DBN)

David Einhorn's Scathing Anti-Fracking Thesis Is Literally A Joke
(DBN)

The Tesla battery heralds the beginning of the end for fossil fuels
(DBN)

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Steel:

AK Steel joint venture files for Chapter 11 bankruptcy
(DBN)

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Bankruptcy Crimes:

Federal Grand Jury Indicts San Antonio Businessman in Tax, Mail and Bankruptcy Fraud Schemes
(DBN)

Michael Stamp will 'undoubtedly' be charged in bankruptcy fraud case, wife's attorney says
(DBN)

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Coal:

Coal, gas segments weigh on Dynegy results
(DBN)

Walter Energy, spun out of Jim Walter home, may face bankruptcy
(DBN)

EPA Rule Is Redrawing the U.S. Coal Map
(DBN)

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Hockey:

Another hockey rink sent to lender's penalty box
(DBN)

Final Bankruptcy Hearing for Otters
(DBN)

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Healthcare:

Patients Not Hurt When Hospitals Close
(DBN)

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Media:

News Corp's Profits Fall 50%
(DBN)

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Corporate Reform:

Banks expected to settle FX probes for billions
(DBN)

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Alternative Energy:

Tesla Claims 38,000 Battery Orders in 1 Week
(DBN)

____________

Nuclear:

Does Russia Really Own 20% Of The US’ Uranium Reserves?
(DBN)

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Shipping:

Two Sainty Marine executives resign
(DBN)

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Golf:

Neighbors irked by possible Saginaw Golf Course redevelopment
(DBN)

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Paper:

Former Great Northern Paper mill owner fights $9 million ruling
(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 (22 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:

Neural Network Model Predicts Whether A Bank Can Go Bust
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

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Plan Confirmation:

Supreme Court Bankruptcy Decision Strengthens Creditor Leverage in Plan Negotiations
(DBN)

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Property of the Estate:

Are Domain Names and Telephone Numbers Property of the Estate?
(DBN)

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Avoidance Actions:

9th Circuit Addresses Novel Bankruptcy Issue
(DBN)

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DIP Finance:

More Than Half of EveryWare’s $100 Million DIP Loan Is Prepetition Debt
(DBN)

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TBTF:

Yellen Says Fed ‘Remains Watchful’ on Fixing Banking System Risk
(DBN)

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Food/Beverage:

Wendy's to sell 640 restaurants, assets
(DBN)

____________

Education:

Corinthian Colleges' Lean Business Model Leaves Little for Creditors
(DBN)

Corinthian College declares bankruptcy ; former Corinthian students still can't
(DBN)

What’s Behind Bankruptcy Lawsuits Over College Tuition?
(DBN)

The Truth about Student Loans for For-Profit Colleges
(DBN)

Senate Dems call for DOJ probe of Corinthian College
(DBN)

Career Education to Sell or Close All Its Career Colleges
(DBN)

Another Career College Group Shuts Down As the For-Profit Education Industry Implodes
(DBN)

The Truth About Student Loans for For-Profit Colleges
(DBN)

“Higher education lobby” pushes back against federal regulation attempts
(DBN)

How quickly will states get to zero in funding for higher education?
(DBN)

Lawyers in Sweet Briar dispute meet at Attorney General's Office
(DBN)

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Mass Torts:

Asbestos-Victim Families May Face Govt. Repayment Issue
(DBN)

DuPont’s Teflon Neighbors Worry Chemours Won’t Pay Bills
(DBN)

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Television:

Al Jazeera America Chief Reportedly Threatened to Bankrupt Ali Velshi Al Jazeera America's 'Culture of Fear' and 'Disarray' Has Network in Turmoil
(DBN)

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Politics:

Bernie Sanders Proposes Bill to Break Up Big Banks and Pressure Hillary Clinton
(DBN)

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Trucking:

TransVantage Bankruptcy Leads to Multiple Lawsuits against Motor Carriers
(DBN)

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Fraud:

Zeek Receiver Seeks $6 Million From Foreign Net Winners
(DBN)

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UK:

Using Insolvency Powers to Make Claims for Fraud: Important Supreme Court Decision
(DBN)

Directors cannot rely on defense of illegality to avoid liability for breach of fiduciary duty
(DBN)

A guide to the insolvency aspects of the new Deregulation Act and Small Business, Enterprise and Employment Act
(DBN)

Distressed debt purchaser makes successful misrepresentation claim against issuer
(DBN)

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EU:

How the UK General Election might influence the Recast EU Insolvency Regulation
(DBN)

European bond rout keeps up pace
(DBN)

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PIIGS:

Greek assembly passes bill on rehiring public servants
(DBN)

EU, IMF shoot down Greece "rift" rumor Greece Faces Pending Deadline as ECB Eyes Haircut Option
(DBN)

Greece makes $224M payment amid 'nail-biting' talks
(DBN)

Greece’s scariest deficit isn’t in money
(DBN)

Greece Saunters Across the Autobahn
(DBN)

Greek Deputy FinMin dismisses reports over transferring family's cash abroad
(DBN)

Is this how Greece is avoiding bankruptcy?
(DBN)

Greece overturns civil service reforms
(DBN)

US accused of destroying Banca Privada d’Andorra
(DBN)

Italian businessman steps in as white knight to save Borsalino
(DBN)

PwC claims €1bn Quinn Insurance action 'poised on cliff'
(DBN)

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Canada:

US Steel Canada asks for extension on creditor protection
(DBN)

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Germany:

German industrial orders up less than expected in March
(DBN)

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Serbia:

Serbia to end protection for indebted state firms - prime minister
(DBN)

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Mexico:

Mexican homebuilder Homex says reaches deal to restructure debt
(DBN)

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Ukraine:

LPC-Bondholder group scuppers debt negotiations for Ukraine's Metinvest
(DBN)

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China:

More pain ahead for China steel
(DBN)

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Argentina:

BlackRock to Schroders Warn of Argentina's $20 Billion Bond Glut
(DBN)

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Africa:

Mugabe turns to West as bankruptcy looms for Zimbabwe
(DBN)

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