November 16, 2015

The Daily Bankruptcy News

View prior editions: Click Here
View prior case summaries: Click Here
Search prior headlines: Click Here
Search prior case summaries: Click Here

Format For Mobile Device




Law:

Biglaw Associate Is First Confirmed Fatality Of The Paris Attacks Hogan Lovells pays tribute to Paris associate Valentin Ribet Hogan Lovells in mourning after young lawyer murdered in Paris attacks
(DBN)

Which Biglaw Firm Is Entering The Contract Attorney Market?
(DBN)

Observations from the Echo Chamber of Client Development Conferences
(DBN)

Can You Be Fired For Revealing Your Pay?
(DBN)

Ex-Simpson Thacher managing clerk admits to stealing data
(DBN)

Lawyers Wrestle with Diversity Issue in Big Law (The S.F. Edition)
(DBN)

Least Sexy Part of a Big Law Merger: Formalizing It
(DBN)

Six partners take lead in race for top jobs at Allen & Overy
(DBN)

Vicious divorce battle between young corporate lawyer couple, aged 30 and 32, embarrasses megafirms
(DBN)

The Plague of Work-Induced Anxiety
(DBN)

Trying On Jobs, Trying on Shoes
(DBN)

Women, Drinking, and Overachieving
(DBN)

L.A. Times: Deans Of Some California Law Schools Say Low LSAT Scores Do Not Predict Bar Exam Failure
(DBN)

Apple's 13-inch iPad Pro Up Close
(DBN)

The Biggest Time-Saving Apps You Probably Aren’t Using
(DBN)

4 Ways the PDF Can Supercharge Legal Productivity
(DBN)

The Four Secrets To Sustaining High Job Performance
(DBN)

Congressional Showdown Over Law Student Loans Is Inevitable, With Law Schools The Likely Losers Is Washington Finally Tired of Welfare for Law Schools?
(DBN)

What Tools Can You Use To Start Your Own Law Firm?
(DBN)

FBI Has 1,000 Active Probes on ISIS in US
(DBN)

Suit says man feared murder charge after cop staged his own suicide as homicide
(DBN)

BigLaw lawyer who fell to his death is remembered for his kindness and humor
(DBN)

A man died in custody after the police tased him multiple times
(DBN)

Suit claims birth-control pill packaging errors led to 113 pregnancies
(DBN)

Lawyer dad is banned from posting son’s bail over police-shooting death of 6-year-old
(DBN)

'Zombie' arrested for passing out in stranger's home... Threatened to kill owner after being roused
(DBN)

Man Who Blew $718,000 on Manhattan Psychics Comes Forward To Tell His Grim Tale
(DBN)

Two Teenagers Stab Woman At Car Wash And Then Take Joy Ride With Dead Victim In Her Car
(DBN)

Denny's Customer Arrested After Alleged Pancake-Addled Rampage
(DBN)

______________

Judges:

Federal Judge Says His Overworked Colleagues Bench Close to Burnout
(DBN)

Judge backpedals on controversial order removing foster child from married same-sex couple
(DBN)

Nativity Scene on Courthouse Lawn Declared Unconstitutional
(DBN)

The Supreme Court is taking on its first abortion case in eight years
(DBN)

How Do Supreme Court Traditions Get Started?
(DBN)

Watch It: Jamie Lee Curtis Kicks Justice Scalia’s A--
(DBN)

Lawyer who criticized judge’s ‘stubbornly injudicious attitude’ is suspended
(DBN)

Hillary Clinton, if president, could appoint 4 Supreme Court justices
(DBN)

Life on the Bench
(DBN)

______________

Wall Street:

The weekend is over, and stocks are in the red Volatile day shapes up after Paris attacks
(DBN)

Paris attacks won't cause a correction: Wilbur Ross Investors scramble into safe havens after Paris attacks
(DBN)

______________

Layoffs:

Harvey Weinstein Company Planning Layoffs
(DBN)

Unwilling Part Time, Unemployed Alike in Financial Well-Being by Dan Witters
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Gambling:

Under Attack, DraftKings Said to Ask Partners to Pull Back DraftKings, FanDuel Punch Back With Lawsuits Against Schneiderman Daily Fantasy Sports in New York Court: A Legal Explainer Why Fantasy-Sports Sites Can Ignore Schneiderman for Now DraftKings, FanDuel Go on Offense Against New York Top Cop New Yorkers Can't Play Daily Fantasy Sports on FanDuel Anymore At Awkwardly Timed Conference, Daily Fantasy Players Ask: Is This the End? The NY Attorney General Is Trying To Ruin Sundays
(DBN)

Caesars Bid To Schedule Reorg Plan Hearing Draws Flak From Creditor Panels
(DBN)

Ex-Revel casino is new owner's biggest trouble _ and joy
(DBN)

____________

Retailing:

Unitranche debt complicates retailer RadioShack's bankruptcy case
(DBN)

Online shopping is killing impulse buys
(DBN)

J.C. Penney Falls After Signaling Slower Holiday Sales Gains
(DBN)

Nordstrom Has Analysts Worried on Economy
(DBN)

Americans are developing a new shopping habit
(DBN)

____________

Autos:

VW Deliveries Decline in October Amid Emissions Scandal Volkswagen Pauses Bond Issuance Amid Emissions Cheating Scandal VW Said to Seek as Much as 20 Billion Euros in Bridge Funds VW Tags 430,000 New Cars With Implausible Carbon Dioxide Ratings
(DBN)

Caparo chairman dead, company on brink of bankruptcy
(DBN)

Wall Street Underestimates Tesla's Cash Burn
(DBN)

The Biggest Auto Recall in the U.S. Is Also a Really Big Mess
(DBN)

Car loans hit $1 trillion for first time
(DBN)

____________

Coal:

Clinton's Coal Reparations - First put miners out of work. Then put them on the taxpayer dime. The Tricky Politics of Hillary Clinton's Plan to Modernize Coal Country
(DBN)

How Arch Coal Inched Closer to Bankruptcy after October 27, 2015
(DBN)

In Coal Country, No Cash In Hand For Billions In Cleanup
(DBN)

What's being done to help those impacted by Walter Energy layoffs
(DBN)

Clean Power Plan blocks view of real trouble dogging coal companies
(DBN)

Coal Burners Don't Totally Hate Obama's Plan
(DBN)

Obama climate plan puts squeeze on coal state governor
(DBN)

____________

Education:

Students Left in Crushing Debt as For-Profit College Empire Collapses
(DBN)

NYMA bankruptcy lawyers seek $200K in fees
(DBN)

____________

Religion:

Lawyers for Gallup Diocese say deal in bankruptcy case near
(DBN)

____________

Newspapers:

New loan offers emerge in Freedom bankruptcy
(DBN)

Freedom Communications' Pension Plan Is Underfunded by $155 Million
(DBN)

____________

Fraud:

Ernst & Young Loses Trial for Not Vetting Madoff -Tied Audits
(DBN)

First checks leave Durham victims underwhelmed
(DBN)

TelexFree case spawns counterclaims 'like high-stakes poker'
(DBN)

____________

Celebs:

`Bankrupt` 50 Cent spends 3K every month to stay fit
(DBN)

Bill Cosby Scores Victory Against Insurance Company
(DBN)

____________

Telecoms:

LightSquared Moves Closer to Transferring Airwaves to New Owners
(DBN)

____________

Orchestras:

Salem Chamber Orchestra In Bankruptcy
(DBN)

____________

Toll Roads:

Canadian Pension Funds Buys Chicago Toll Road
(DBN)

____________

Shipping:

Daewoo Shipbuilding Declines on Concern of Further Losses
(DBN)

____________


Economy:

Dollar Falls for Second Day as Fed Officials Stress Gradual Path
(DBN)

Deutsche Bank: A Bloated Fed Balance Sheet Threatens to Speed Up Rate Hikes The big problem with low interest rates
(DBN)

Fourth Quarter GDP could see slow down as retail and auto sales remain low
(DBN)

Preliminary November Consumer Sentiment increases to 93.1
(DBN)

Wholesale Prices in U.S. Unexpectedly Fall for Second Month
(DBN)

Businesses Are Stocking More Than They’re Selling. What Does It Mean?
(DBN)

Americans Plan on Spending a Lot More This Christmas
(DBN)

Applications for U.S. Jobless Benefits Were Unchanged Last Week
(DBN)

Job Openings in U.S. Increased in September to 5.53 Million
(DBN)

Sales Rise Less Than Forecast as Americans Save Gas Money
(DBN)

Americans Are More Willing to Dip Into Their Savings
(DBN)

Global shares, euro fall, oil and gold up after Paris attacks
(DBN)

'We know that more attacks are being prepared, not just against France'
(DBN)

US states to turn away Syrian refugees
(DBN)

Debt Market Distortions Go Global as Nothing Makes Sense Anymore
(DBN)

Luxury-Jet Market Shrinking for First Time Since Lehman
(DBN)

What Job-Hopping Employees Are Looking For
(DBN)

LA area Port Traffic declined in October
(DBN)

Hotels: RevPAR up 35% over the last 6 years
(DBN)

US Debt Clock
(DBN

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

Housing Market Faces Slower Growth in 2016, Realtors Say
(DBN)

Here’s why millennials should stick to renting and ignore advice to buy a home
(DBN)

Someone is stealing For Sale signs in Phoenix and no one knows why
(DBN)

Hovnanian dogged by debt to fund past acquisitions
(DBN)

Housebuilders aren't worried about an interest rate rise because people can afford it
(DBN)

Blackstone is now 'the largest owner of real estate in the world'
(DBN)

Pittsburgh Mills mall faces foreclosure
(DBN)

____________

Municipalities:

NYC Pension Urges Hedge Funds to Ease Puerto Rico Crisis
(DBN)

Little-known hedgie plays hardball with Puerto Rico’s debt
(DBN)

Puerto Rico Faces a Grim Future
(DBN)

Puerto Rico Governor Says He ll Put People Before Bondholders
(DBN)

Bond Insurers Tumble Most Since July on Puerto Rico Concerns Bounce for bond insurers, but Puerto Rico default looms
(DBN)

$195M pension payment might derail Detroit's recovery
(DBN)

The Art of Bankruptcy and What Role the DIA Played in the Case
(DBN)

The Detroit Bankruptcy and the Regional Water Authority
(DBN)

For Detroit Retirees, Bankruptcy Still Part of Daily Life
(DBN)

Judging the Bankruptcy , One Year Later
(DBN)

Stockton: Lone holdout creditor's appeal to be heard Thursday
(DBN)

Atlantic City’s Financial Future Uncertain After Christie’s Veto Of Rescue Bills
(DBN)

____________

Food/Beverage:

Albertsons wins 12 local Haggen stores in bankruptcy auction
(DBN)

Bankruptcy court OKs sale of 36 stores to Gelson's, Smart & Final
(DBN)

A&P granted extension to file bankruptcy plan
(DBN)

A&P to shutter remaining stores soon, have more time to close deals
(DBN)

Deerfield files bankruptcy reorganization plan
(DBN)

____________

Oil/Gas:

Oil futures rise on supply disruption worries
(DBN)

IEA Says Record 3 Billion-Barrel Oil Stocks May Deepen Rout IEA Offers No Hope For An Oil-Price Recovery Oil Storage Levels Point To Longer Downturn
(DBN)

Record Oil Stockpiles Knock Futures Down Closer to $40 a Barrel
(DBN)

U.S. oil rig count ticks up after 10 weeks of declines
(DBN)

Goldman: Decline in Oil Prices boosted GDP by 0.2% in 2015
(DBN)

Noble Energy makes job cuts in Marcellus Shale, company-wide
(DBN)

Is SandRidge Energy close to crumbling?
(DBN)

Dana Gas sees 'financially challenged' fourth quarter after loss
(DBN)

North Dakota drops - 1.1 million barrels of oil daily in September
(DBN)

Oil Theft Soars as Downturn Casts U.S. Roughnecks Out of Work
(DBN)

Alaska politicians eye sacred oil checks amid budget deficit
(DBN)

Hercules Emerges Quickly From Oil-Bust Bankruptcy
(DBN)

Chesapeake Lenders Flee Debt as Oil Rout Pummels Reserves Value
(DBN)

Energy’s “day of reckoning” may come in 2016
(DBN)

Lenders Tighten Screws on Oil Sands Producers
(DBN)

Saudis Go for War of Attrition in EU w/ Russia
(DBN)

Primera Energy's Brian Alfaro wins one in court as lawyers prep for trial
(DBN)

Oil Dealmakers Find Slim Pickings Among Premium-Priced Explorers
(DBN)

The Paris attacks will put pressure on oil prices
(DBN)

____________

Healthcare:

Meritus seeks outside funding to stave off insolvency
(DBN)

'Hold' on payment of Health Republic creates confusion, fear
(DBN)

Obamacare Signs Up 543,000 in Week One, Outpacing Last Year
(DBN)

Fading Obamacare Gains Put Drag on 16% Hospital Muni-Bond Rally
(DBN)

Two Georgia hospitals sought by California firm
(DBN)

50 layoffs announced at recently sold N.J. hospital
(DBN)

We Pay 130% More for Health Care From 2005
(DBN)

Americans Tilt More Negative Toward Affordable Care Act
(DBN)

Takeover fever spreads in healthcare industry
(DBN)

____________

Politics:

Echoing Trump, Cruz Releases Sweeping Plan to Crack Down on Immigration Did Ted Cruz Actually Support Legal Status for Undocumented Immigrants?
(DBN)

The GOP primary is now a total 'free for all' — and Republicans are getting nervous
(DBN)

Fact-checking the Iowa Democratic presidential debate
(DBN)

Bernie Sanders and Barack Obama: It's Complicated Sanders fact Check: Says income tax rates under Eisenhower were as high as 90 percent.
(DBN)

Clinton and Sanders Clash Over Banks, Donations Clinton Says Islamic State Must Be Defeated, Not Contained Hillary Clinton Invokes 9/11 in Defending Wall Street Ties Clinton Vows Not to Raise Taxes on Families Earning Less Than $250,000 FactCheck: Hillary Getting Tough on Wall St.?
(DBN)

Poll: Trump Surges To 42% Trump Targets Carson for ‘Pathological Temper’ in CNN Interview, "Child Molester"? Trump on Paris Attacks: What Parisians Need Are Guns 10 Moments from Trump's Iowa Speech Obama ripped Trump's mass deportation plan Paul Ryan Favors Legal Status for Immigrants Trump Wants to Send Home
(DBN)

Ben Carson Says ‘Boots On The Ground’ Needed in Terrorism Fight After Paris Attacks Ben Carson: Dollar Bill Has Star of David On It Surgery That Made Carson Didn't End Well
(DBN)

Rubio: Paris Attacks Wake-Up Call to ‘Clash of Civilizations’ Marco Rubio on Paris Attacks: ‘We Should Invoke Article 5′ Rubio's Plan to Defund Highways
(DBN)

5 Takeaways From the Paris Attacks and the Long War Against Terrorism
(DBN)

GOP Candidates Wants a War with Russia
(DBN)

Democrats Compete for Our Attention in Debate, and Fail
(DBN)

Only 1 Californian got custom oil map: Brown
(DBN)

____________

Accounting:

Jury Holds Ernst & Young Liable For Madoff Losses
(DBN)

____________

Personal Finance:

Fast food hacks that will change the way you order
(DBN)

Costs you should always negotiate
(DBN)

____________

 


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 (20 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)
(DBN)

Seminars - (Contact us to list your seminar)

______________

Miscellaneous:

The Week Ahead
(DBN)

____________

Exemptions:

Creditors Can Reach Inherited IRA Under Kansas Law
(DBN)

____________

Bad Faith:

‘Litigation Gymnastics' Causes Ch. 7 Case Dismissal
(DBN)

____________

Prepacks:

Leveraged, Prepackaged and Dangerous
(DBN)

____________

Distressed Investing:

Distressed Investor Finds Covenant-Lite Loan Offers Little Protection – Quadrant Structured Products v. Vertin
(DBN)

____________

Personal Bankruptcy:

Modifying Mortgage Discrimination in Consumer Bankruptcy
(DBN)

____________

Serial Bankruptcy:

Repeat Studies of Repeat Filers: How We Should Learn About Law
(DBN)

____________

PACER:

CM/ECF Signatures
(DBN)

____________

Recent Pleadings:

After Centrix Principal Settles With Liquidating Trust, Trustee Wants Another Look
(DBN)

______________

TBTF:

End of ‘Too-Big-to-Fail’ Banking Era Endorsed by World Leaders
(DBN)

____________

Agriculture:

Turner trustee, broker hit partial deal
(DBN)

____________

Steel:

U.S. Steel Yield Surges as Metal Rout Imperils Turnaround
(DBN)

____________

Directories:

Dex Media -4% as it closes in on third bankruptcy in seven years
(DBN)

____________

Mining:

Miners Worldwide Are Money Pits
(DBN)

____________

Insurance:

Zenefits CEO responds to the rumors that his company is in trouble
(DBN)

____________

Student Debt:

One easy step to fix the student debt crisis
(DBN)

____________

Debt Collection:

Reports of ‘Phantom Debt Collection Scams’ Continue
(DBN)

Delaware joins national crackdown on illegal debt collection
(DBN)

Credit Card Companies Beware, California Appellate Court Finds That Their Evidence of Debt May Not Be Admissible
(DBN)

____________

UK:

Committee calls for views on Bankruptcy (Scotland) Bill
(DBN)

Commodity trader Cargill restructures , cuts jobs
(DBN)

Hogan Lovells joins magic circle trio in £13bn Northern Rock asset sale
(DBN)

Economic Crime Probes by London Police Plunge Amid Budget Cuts
(DBN)

Insolvency hits seven people every day in Northern Ireland
(DBN)

____________

EU:

Euro-Area Growth Misses Estimates as ECB Ponders More Stimulus
(DBN)

European markets are slumping after the attacks on Paris
(DBN)

'We are not terrorists' — Europe's 'open door' refugee policy is already coming under assault
(DBN)

Europe's Youths Yearn to Move as Prosperity Proves Elusive
(DBN)

____________

PIIGS:

Portugal's Third-Quarter GDP Stagnates, Missing Estimates Portugal Keeps Investment-Grade Rating Allowing QE Eligibility
(DBN)

State recoups €1 million from David Drumm’s bankruptcy estate
(DBN)

Ex-Anglo Irish bank chief pleads for release to fight legal quagmire
(DBN)

Greek Banks Ask Investors to Take Uncertain Leap of Faith
(DBN)

____________

Canada:

Canada Stocks Cap Worst Slide in Decade on Global Growth Fears
(DBN)

‘Feeding frenzy’ as Cash Store Financial set to leave bankruptcy protection
(DBN)

Canadian Oil & Gas Companies Struggle in Q3 2015
(DBN)

____________

France:

Defiant Paris Becomes a City at War France Vows to Destroy ISIS
(DBN)

France pounds ISIS stronghold in Syria
(DBN)

Turkey: 'This is not a time to play the blame game,' but we notified France twice about one of the Paris attackers Iraq says it shared information that France, U.S., Iran were targets
(DBN)

Here's one woman's horrific first-hand account of the Paris attacks inside the Bataclan theatre
(DBN)

French police arrest dozens in anti-terror raids
(DBN)

Paris attacks put dagger through heart of liberal Europe
(DBN)

France Widens Crackdown at Home as Bombs Rain on Islamic State
(DBN)

____________

Brazil:

Petrobras Seeks Funding Alternatives to Counter Junk Debt Yields
(DBN)

____________

China:

China's Steel Output Heading for a Fall, Noble Group Warns
(DBN)

These indicators suggest China's economy is not growing anywhere near 7%
(DBN)

____________

Ukraine:

Ukraine Bonds Show Higher Risks Than Peers Post-Restructuring
(DBN)

____________

Russia:

Half of Russia's Richest People Are Planning to Cash Out
(DBN)

____________

Japan:

Japan's economy is back in recession...again
(DBN)

____________

Cayman:

What directors should do in the zone of insolvency
(DBN)

____________

MENA:

Oil Slump May Prompt U.A.E. Spending Cuts, Central Bank Says
(DBN)

____________

India:

Modi government goes high on reforms; new bankruptcy law on anvil
(DBN)

____________


The Daily Bankruptcy News is primarily a curated news link gathering service.   Most of the headlines contained in the publication are a collection of links to stories posted on the Internet by various third party publications.  Such content is owned by third party sources, not The Daily Bankruptcy News, and in some cases, these links change or expire, which means you may not be able to view some news stories in prior editions of the Daily Bankruptcy News. The DBN subscription fee is not a fee for access to the content of the links, but is a charge for the considerable work involved in gathering, organizing and presenting the links. Use of this site and The Daily Bankruptcy News is subject to our Terms of Use. If you received The Daily Bankruptcy News via email (and you have a paid subscription account), to view a news story, click on the headline, and the story should open in your web browser. To view additional stories, click back to the email and click on additional headlines, which will cause new stories to open in your web browser.  You can view the Daily Bankruptcy News on the web by clicking here.

Advertising
Advertising is available in The Daily Bankruptcy News. Click here for details  Feel free to contact us with any questions.

Passwords/Subscriptions
Access to certain links in The Daily Bankruptcy News is available only to readers holding a paid service subscription. These links are currently marked with a "DBN" notation. The cost of a subscription is $62/year, payable annually.  Volume discounts are available for sites with multiple users. Click here to see a schedule of discounts. Complimentary subscriptions are available for full-time educational and governmental employees and for full time students. For information about discounts or educational/governmental subscriptions, contact us by clicking here. A separate password is required for each member of a firm wishing access to restricted links.

New readers can receive a free password good for 30 days by clicking here. 30-day passwords are not available to readers who have previously had a password, even if the password was associated with a different email address used by the reader. Refunds are not available after purchase.

Readers who wish to change their passwords should click here. Readers who have forgotten their password should click here.

Adding Your Email Address To The Distribution List
If you would like to start receiving The Daily Bankruptcy News by email each day, click here, and fill in the information requested. There is no charge to be placed on the distribution list to receive the headlines, although access to many of the links behind the headlines requires a paid subscription (see above, under Passwords). If, after adding your email address to the distribution list, you do not receive an email confirming the addition, please contact us by clicking here for help.

Removing Your Email Address From The Distribution List
If you already receive The Daily Bankruptcy News by email and you wish to remove your email address from the distribution list, click here and send the email that should appear. You do not need to type anything in the body of the email message. Note that the email asking for removal must be sent from the same email address which is on our distribution list. If you do not receive an email confirming deletion of your email address from the distribution list, contact us by clicking here for help.

If receive the publication forwarded from an older email address, you will need to contact us as described below for help removing that older address from our distribution list.

Press Releases/News Tips
Please send press releases and news tips to admin@bkinformation.com

Contact Us
The Daily Bankruptcy News is published each business day by BKINFORMATION.COM, L.L.C. You can phone or text us at 281-402-3957. You can email us at accounting@bkinformation.com (email inquiries are usually answered substantially more quickly than phone inquiries). Our mailing address is 935 Eldridge Road, No. 350, Sugar Land, Texas 77478.

Copyright 2015