November 25, 2015

The Daily Bankruptcy News

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3-Column Formating

Due to the Thanksgiving holiday, The Daily Bankruptcy News will not publish on Thursday and Friday: November 26 - 27, 2015


 

Law:

Lawyers who work the most appear least likely to regret their career choice, Indiana study finds
(DBN)

Burleson's Ending Operations By End Of 2015 - About 60 Lawyers Jobless Struggling Firm Will Close Its Doors By Year’s End, Leave All Lawyers Jobless The Law Firm that the Slumping Energy Market Blew Up Burleson: Size Made Firm Vulnerable
(DBN)

Lawyers Commuting In Metro Areas - Getting In/Out Fast
(DBN)

Law school grads are bombing the bar, and it's a sign of trouble for legal education California’s bar pass rate is at a 29-year low; these states also saw a drop Law Schools Are To Blame For Dizzying Drops In Bar Exam Passage Rates
(DBN)

Law Firm Life Is Terrible For Your Health
(DBN)

Weil Elects New Restructuring Counsel
(DBN)

Bankruptcy and Real Estate Litigator Phillip Wang joins Rimon Law’s San Francisco Office as Partner
(DBN)

Brownstein Hyatt closes Phoenix office
(DBN)

How To Start A (Career) Revolution
(DBN)

Don't Let the Grapes Sour When Lawyers Depart
(DBN)

Prominent Law Prof Sanctioned For Ethics Violation
(DBN)

The Law Firm Selection Guide
(DBN)

Legal Tech Black Friday Edition
(DBN)

Lunching with the Right Wing
(DBN)

Beyond Biglaw: 3 Things Lawyers Should Be Thankful For
(DBN)

UK: Job losses, falling profits and rising debt for Walkie Talkie law firm
(DBN)

Lawyer Glut Continues Into 2020, Bar Passage Rates Go On Plummeting, Loan Debt 6 Figures
(DBN)

9 signs you're working with a psychopath
(DBN)

How to get powerful people to notice you
(DBN)

Claimed ‘Harvard-educated attorney’ is neither a grad nor a lawyer, authorities say
(DBN)

Lawsuit urges top state court to explain powers of AG Kathleen Kane, whose law license is suspended
(DBN)

White supremacists shoot 5 Black Lives Matter activists protesting Jamar Clark’s killing in Minneapolis Police arrest two suspects in shooting of Minnesota Black Lives Matter protesters
(DBN)

The Chicago police shooting video is so different from the official story of a year ago that it looks like a cover up Officer charged with 1st-degree murder 'abused his authority' in firing 16 shots at a teenager Chicago Police Officer's Long History of Misconduct Complaints
(DBN)

Chicago Law Partner Caught Tweeting From Federal Trial Apologizes
(DBN)

As Year Ends, These Wacky Episodes Are Proof That Law is Never Dull
(DBN)

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Judges:

SD TX: 2015 Judicial Evaluation Results
(DBN)

New courthouse nativity display puts founding fathers, Lady Liberty next to Bill of Rights in manger
(DBN)

Roberts on Supreme Court's Changing Face (Beards Optional)
(DBN)

Judicial Gobbledygook: The Readability of Supreme Court Writing
(DBN)

Judge Busted For Litany Of Inappropriate Facebook Posts
(DBN)

Judge: You Don't Care About Women's Health
(DBN)

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Wall Street:

Stock futures rise
(DBN)

Wall Street ends higher, driven by energy amid global tension
(DBN)

Hedge funds are betting billions that these 19 stocks are going down
(DBN)

A sign that Wall Street is going to have a lousy Christmas
(DBN)

Deutsche Bank's CEO says paying big bonuses to bankers is like giving candy to babies The words you never thought you would hear from a big bank CEO
(DBN)

______________

Layoffs:

US Steel to Lay Off Thousands of Workers
(DBN)

Expedia lays off 40 percent of Orbitz staff in Chicago
(DBN)

America has lost faith in the job market
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Food/Beverage:

Judge greenlights sale of bankrupt Olga's Kitchen assets
(DBN)

The 14 best New York City restaurants for eating out on Thanksgiving
(DBN)

A&P sues bidder of deal gone bad
(DBN)

Haggen's Plan Was Poor Even Without FTC
(DBN)

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Fraud:

Family Business Called a $40 Million Ponzi
(DBN)

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Corporate Governance:

Personnel Files and Documents Relating to "Hand-Picked" Directors Ruled Discoverable in Breach of Fiduciary Duty Action Against Private Equity Firm
(DBN)

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Autos:

Volkswagen may be headed for an easy fix in emission-cheating crisis
(DBN)

VW’s ‘Defeat Device’: Cost and Culprit
(DBN)

Takata Manipulated Testing Data
(DBN)

____________

Banking:

Bank Profits Rose to $40.4 Billion in Third Quarter, FDIC Says
(DBN)

Banks Should Have Say in Tougher Stress Test, Rodgin Cohen Says
(DBN)

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Electricity:

Energy Future, creditors reach settlement over bankruptcy plan
(DBN)

____________

Shipping:

Pioneer Marine Plunges into Red Again
(DBN)

____________

Distressed Investing:

Debt Traders Have Few Havens Left in a Tumultuous World
(DBN)

____________

Economy:

Goldman Sachs: Lots of pain, no gain in 2016
(DBN)

Consumer confidence declines again in Nov
(DBN)

U.S. Economic Confidence Index Unchanged at -13
(DBN)

US third-quarter GDP growth revised up to 2.1% Inventories boost US third-quarter GDP
(DBN)

Ralph Nader wrote Janet Yellen a sexist letter. Her response is a fantastic
(DBN)

New agonies, alliances as Fed debates post-liftoff plan
(DBN)

This economy needs ultra-low interest rates just to stay afloat
(DBN)

Deutsche Bank: Larry Summers' Gloom is Right
(DBN)

Global debt defaults near milestone
(DBN)

Income inequality makes the rich more Scrooge-like, study finds
(DBN)

Morgan Stanley: One Big Shock From Downturn
(DBN)

Congress Wants Billions from Fed Piggy Bank
(DBN)

Slide in Home Ownership Threatens the Dream
(DBN)

US Debt Clock
(DBN

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

US Home Prices Jump in September by Most in More Than a Year
(DBN)

Housing Prices Inch Up, No Sign Of Peak
(DBN)

Bankruptcy Court Order Compelling Cessation Of Foreclosure Challenge, Surrender of Property Upheld on Appeal
(DBN)

MBA: Mortgage applications drop 3.2%
(DBN)

CFPB: Complaints against Ocwen are falling
(DBN)

Here's the salary you have to earn to buy a home in 19 major US cities
(DBN)

UBS on Worldwide Housing Bubble
(DBN)

Scores of creditors affected, as Harford-based developer Clark Turner files for bankruptcy
(DBN)

____________

Municipalities:

Puerto Rico's Dec. 1 Deadline: A Guide as Possible Defaults Loom
(DBN)

Puerto Rico's Odious Debt
(DBN)

New Jersey Can't Pay Its Share for Rail Tunnel, Moody's Says
(DBN)

____________

Healthcare:

Judge pulls plug on ailing Hutcheson; CEO gives up fight to save hospital
(DBN)

Fighting Closure, St. Joseph Medical Center Will Submit ‘Improvement Plan’ To Feds
(DBN)

Blame Obamacare for soaring drug costs: AEI
(DBN)

Motion denied to delay Hutcheson layoffs for a couple weeks
(DBN)

Reedley hospital pays creditors from bankruptcy
(DBN)

AZ. Health Insurance Co-op to close Shop Dec 31.
(DBN)

Layoffs expected at Youngstown-area Mercy Health facilities
(DBN)

____________

Politics:

Trump doubles down on waterboarding: ‘Even if it doesn’t work, they deserve it’ 'Don't do this': Bill O'Reilly lectures Donald Trump over racial retweet Donald Trump declares massive victory on his widely disputed claim about 9/11 Congressman Keith Ellison rips Donald Trump for inspiring attacks against minorities The media has no idea how to deal with Donald Trump's constant lying The American moral emergency that is Donald Trump Trump campaign hints ‘special interests’ behind media are hiding proof US Muslims celebrated 9/11 Donald Trump's Real Secret To Riches: Create A Brand And License It Trump says he can predict terrorism: 'I can feel it'
(DBN)

Is Ben Carson just misunderstood?
(DBN)

Ted Cruz just rocketed upward in a new Iowa poll
(DBN)

Marco Rubio’s operation is relying on unprecedented dark money spending Rubio's Right: Time for Boomers to Let Go
(DBN)

The Rise and Fall of Bobby Jindal
(DBN)

Republicans Who Support Bernie Sanders
(DBN)

____________

Gambling:

1% of daily fantasy players take home almost all of the payouts — meet the sharks and the fish they prey on
(DBN)

Straub to buy Revel power plant, end litigation
(DBN)

____________

Education:

Famous Harvard professor denounces college protests, says campuses have to be open to 'dangerous ideas'
(DBN)

A political-correctness backlash at Princeton
(DBN)

____________

Retailing:

Tiffany's sales are falling Tiffany shares in decline after earnings warning
(DBN)

'Muted' Black Friday Forecast for Retailers, With TVs, Toys Giving a Lift
(DBN)

J. Crew Bonds Now Trade at 25 Cents as Investor Concerns Mount
(DBN)

Some Black Friday Deals Actually Cost More
(DBN)

____________

Oil/Gas:

Russian jet downing boosts oil prices Oil at 2-week highs on Mideast tensions
(DBN)

Oil prices add to gains, but oversupply concerns persist
(DBN)

Chesapeake Energy Haunted By A Bad Deal, Bankruptcy Looms?
(DBN)

The Cost to Produce a Barrel of Oil
(DBN)

U.S Drillers’ Operating Loses Could Surge In 2016
(DBN)

Weak Demand From Major Consumers Puts A Cap On Oil Price Growth
(DBN)

The surprising case for $100 oil
(DBN)

Pemex Rating Cut by Moody's on Falling Output, Low Oil Prices
(DBN)

____________

Personal Finance:

A New York subway map shows calories burned by walking between stops instead
(DBN)

____________

Student Debt:

You Could Get Your Student Debt Wiped Out
(DBN)

What Would Effective Counseling for At Risk Student Loan Borrowers Look Like?
(DBN)

____________

Software:

Law enforcement software firm Thinkstream may be headed for a quick sale
(DBN)

____________

Celebs:

Don't Try This At Home: Avoid These 10 Money Missteps That Landed Reality TV Stars In Trouble
(DBN)

Todd’s Chrisley and Company, Julie Chrisley Bankruptcy Case Back On
(DBN)

____________

New Bankruptcy Opinions
(2 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (23 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)
(DBN)

Seminars - (Contact us to list your seminar)

______________

Tax:

Payroll Clients Cheated Out of $28 Million
(DBN)

____________

Avoidance Actions:

Venue Transfer Granted for a Fraudulent Transfer Adversary Proceeding
(DBN)

____________

Trustees:

Diamondhead Casino Bankruptcy - and the Challenge to Trustee Appointments
(DBN)

____________

Prepacks:

Millennium Lab Holdings a/k/a RxAnte files a Prepack in Chapter 11
(DBN)

____________

Personal Bankruptcy:

Ninth Circuit permits lien-voidance for Chapter 20 debtors
(DBN)

____________

Bankruptcy Forms:

New Bankruptcy Forms Make It Easier to File Without an Attorney
(DBN)

____________

Interest:

Another Case Involving a Truck, But Not to Worry – This One Is Not About Interest Rates!
(DBN)

____________

Valuation:

Do Market Prices Improve the Accuracy of Court Valuations in Chapter 11?
(DBN)

____________

Hollywood:

Excerpt from Relativity Media LLC’s Corrected Disclosure Statement for Plan Proponents’ Plan of Reorganization Pursuant to Chapter 11 of the U.S. Bankruptcy Code
(DBN)

____________

Coal:

Bankrupt Walter Energy set to auction U.S. coal assets
(DBN)

Indika Bond Buyback Has Rating Companies Worried About Distress
(DBN)

____________

Mining:

Iron ore crash turns up heat on miners
(DBN)

____________

Rail:

Why the heck is Amtrak still in business after losing money 44 years straight?
(DBN)

____________

Travel:

4 airline fees worth paying for a happier flight
(DBN)

Best Carry-On Luggage
(DBN)

____________

Defaults:

Fitch: US Lev Loan Default Rate Rises Post Millennium Chapter 11
(DBN)

____________

Finance:

High yield bond prices fall further as some constituents notch large declines
(DBN)

US Loan Fund Assets Continue to Dwindle, Though Outflows Ease
(DBN)

Junk-Bond Losses Pile Up as Traders Flee Any Whiff of Bad News
(DBN)

____________

Corporate Reform:

The Risk in Rolling Back Wall Street Reform
(DBN)

____________

Sovereigns:

Argentina's Credit Outlook Raised by Moody's After Macri Victory Debt Looms
(DBN)

____________

UK:

EasyJet and IAG shares fall after Russian crash
(DBN)

____________

EU:

Europe's refugee crisis could set off another debt crunch
(DBN)

Turkish downing of jet fighter spurs Europe stock declines
(DBN)

ECB Warns Asia Risks Rising as Fed Liftoff Tests Stability
(DBN)

Draghi's `Whatever It Takes' Was Confidence Trick, Stiglitz Says
(DBN)

____________

PIIGS:

The $400 billion ripoff that could destroy the Greek bailout
(DBN)

Drumm’s bankruptcy setback could weaken him in extradition fight Ex-Anglo boss David Drumm told to accept extradition or be jailed
(DBN)

Portugal just got a new prime minister and he's being propped up by radical left wingers and communists
(DBN)

Abengoa starts insolvency proceedings after potential investor backs off Spanish Banks Fall on Concern Abengoa Failure May Lead to Losses
(DBN)

____________

Canada:

Business jet weakness will drive Bombardier revenue down in 2016
(DBN)

____________

China:

Special Report - Insolvency & Restructuring In China
(DBN)

Price Losses in China Iron Ore Market Appear Unstoppable
(DBN)

Defaults Shake Indifference to Risk in Overheated China Bonds
(DBN)

____________

Ukraine:

Russia Halts Natural Gas Supplies to Ukraine as Prepayments End
(DBN)

____________

Bosnia:

Bosnia's national air carrier to finalize its bankruptcy by years end
(DBN)

____________

Chile:

Chile Car Dealer Misses Coupon, Agrees to Debt Restructuring
(DBN)

____________

Brazil:

Brazil Tycoon Arrested as Police Probe Development Bank Loans
(DBN)

____________

 


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