October 2, 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:

Tampa law firm to lay off 150, close title company unit
(DBN)

Jurors Run Amok: Dewey Think The Prosecution Screwed Up This Trial?
(DBN)

Law firms suffer as extent of litigation work declines
(DBN)

Why Are Lawyers So Good At S--?
(DBN)

Law School Hosts Dumb Debate Or The Dumbest Debate?
(DBN)

Why Is Berkeley Law Segregating Its Black Students?
(DBN)

The L&E Firm of Tomorrow: Littler's Drive for Analytics Initiatives
(DBN)

Is LinkedIn helpful or headache? Blog post confessing disenchantment leads to connection requests
(DBN)

Watson, IBM's attempt to crack the market for artificial intelligence, is starting to be tested in the real world, answers bankruptcy questions
(DBN)

Are Collaboration Tools Overrated Or Just Misdirected?
(DBN)

I only have one major problem with the iPhone 6S
(DBN)

How A Biglaw Attorney Uses Apple Watch
(DBN)

Sidley Austin’s Marin Sees CIO Role as One of Leadership, Communication
(DBN)

Arpaio Ignored Legal Advice on Illegal Detentions, Attorney Says
(DBN)

Defense attorney holds his own in courthouse altercation with now-former client
(DBN)

Man convicted of robbing, r----- and murdering lawyer in her office gets life term
(DBN)

The Vatican says the pope didn't ask to meet Kentucky clerk Kim Davis and didn't offer her unconditional support
(DBN)

Pennsylvania AG Kathleen Kane faces new perjury charge
(DBN)

Prison time for lawyer accused of stealing $1.9M from PI settlements to 57 clients
(DBN)

Lawyer is reprimanded for Google ads linked to opposing lawyers in litigation
(DBN)

Gunman at Oregon college kills at least 9 Oregon Gunman: What's Your Religion?
(DBN)

Most Don't Realize Police Can Take Your Cash
(DBN)

Lawyer is ordered jailed for alleged sabotage of client’s psychiatric exam
(DBN)

______________

Judges:

Supreme Court Takes Up 13 New Cases
(DBN)

Republican Party Brutally Benchslapped
(DBN)

Judging Judges: The Three Fs – Firm, Fair and Friendly
(DBN)

______________

Wall Street:

US Stock Futures Rise
(DBN)

Stocks Close Mixed Ahead of Friday's Jobs Report
(DBN)

Here’s how ugly Q3 was for stocks and commodities
(DBN)

______________

Layoffs:

ConAgra to cut 1,500 jobs
(DBN)

Sprint to slash jobs
(DBN)

How Many Jobs Were Cut in September
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Consumer Finance:

With Consumer Lenders Under Regulatory Glare, Big Banks Tighten Purse Strings
(DBN)

____________

Aviation:

Transaero, Russia's biggest private airline files for bankruptcy Bankruptcy 'only option' for Russia's Transaero airline: minister Russia's Aeroflot says drops plans to acquire Transaero Transaero stock drops 38%, hits all-time low
(DBN)

United Airlines CEO Pledges to Stop Being Awful to Customers and Employees
(DBN)

We are not bankrupt , says Arik Air
(DBN)

____________

Food/Beverage:

A&P reveals $12.6 million in insider payments Payouts to A&P bosses criticized; chairman got $4.6M before bankruptcy
(DBN)

A&P kicks off bankruptcy auction for 82 stores
(DBN)

____________

Education:

Kentucky's only military school files bankruptcy
(DBN)

Report: Student Loan Debt Influences Graduates’ Views on Education Value
(DBN)

Ayotte introduces legislation to refinance federal student loans
(DBN)

____________

Autos:

The likelihood of a Volkswagen recall just went up
(DBN)

Fiat Chrysler to auto workers: Don't forget pain of 2009
(DBN)

____________

Finance:

Fast and easy loans come at price for small businesses Online Lenders Deluge Small Business
(DBN)

____________

Healthcare:

Grady Hospital makes surprise bid for Southern Regional
(DBN)

Millennium Health Lenders Said Sparring Over Bankruptcy Proposal
(DBN)

Hutcheson Medical Center laid off 58 employees
(DBN)

Judge grants request to dismiss Scooter Store bankruptcy
(DBN)

____________


Economy:

U.S. Jobless Claims Are Near Decade Lows Small-businesses hiring has picked up: NFIB
(DBN)

U.S. Factory Activity Slows to Slowest Pace Since 2013 US factories show vulnerability to chill in global economy
(DBN)

Roubini: Mideast meltdown No. 1 global risk
(DBN)

Bernanke, in new memoir, recalls the 'surreal moment' of Lehman's failure
(DBN)

October rate rise is possible: Fed’s Lacker Yellen ally sees Fed rate-hike move soon
(DBN)

Why Millennials and Gen-Xers Are Faced with Filing for Bankruptcy
(DBN)

Hotels are sprouting up everywhere
(DBN)

Indicator with 96% hit rate predicts 18% rally
(DBN)

For 2 in 3 American workers, no job will ever be good enough
(DBN)

US Debt Clock
(DBN

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

Senator Elizabeth Warren to Join Call to Alter Sales of Distressed Loans
(DBN)

Manhattan real estate hits new price record
(DBN)

____________

Municipalities:

Chicago Plagued by in Split Opinion in Bond Ratings
(DBN)

Puerto Rico Planning New Corporate Tax
(DBN)

Puerto Rico Power Utility Gets Extension From Bondholders
(DBN)

Puerto Rico Advisory Board Backed by Leader of U.S. House Panel
(DBN)

Chicago Plagued by in Split Opinion in Bond Ratings
(DBN)

____________

Oil/Gas:

Oil Rises as Russian Strikes in Syria Raise Middle East Tension
(DBN)

Texas shed 28,300 oil and gas jobs since December
(DBN)

Bankruptcies pile up, as oil forecasts remain dim
(DBN)

Will the Shakeout in Energy Lead to Defaults?
(DBN)

Penn West Seen Selling Most-Prized Oil Assets as Debt Weighs
(DBN)

Cook Inlet Energy parent company files for bankruptcy protection
(DBN)

How Hurricane Joaquin could sink oil prices
(DBN)

Energy: Samson Resources’ Prenegotiated Reorganization Plan with Fulcrum Debt
(DBN)

Chesapeake Energy renegotiates $4 billion line of credit, sparking bondholder selloff Chesapeake bonds tumble as co. amends $4B revolving loan, making it secured
(DBN)

Primera Energy parties submit final arguments before judge
(DBN)

U.S. a net oil exporter to Mexico for first time in decades
(DBN)

Energy conferences face cancellation amid low oil prices
(DBN)

Houston Real Estate Feeling Oil Price Drop
(DBN)

____________

Politics:

Donald Trump is what's wrong with American bankruptcy laws Donald Trump's bankruptcies reveal how fat cats win Trumpocrisy: The Donald's Finances and the Art of Ignoring Conflicts and Contradictions Donald Trump's pivotal childhood experiences in 'The Art of the Deal' include punching his second-grade teacher in the face
(DBN)

Bernie Sanders is serious about winning
(DBN)

Carson: 'Hitler' could happen here
(DBN)

Hillary Clinton email: More classified messages
(DBN)

____________

Weather:

Could Hurricane Joaquin be another Superstorm Sandy?
(DBN)

____________

Video Games:

38 Studios figure Michael Corso settles for $45K in bankruptcy court
(DBN)

____________

Food/Beverage:

Managers of Georgia peanut plant get prison for salmonella
(DBN)

____________

Lehman:

Judge Rules for J.P. Morgan in $8.6 Billion Lehman Lawsuit
(DBN)

____________

Mining:

Glencore Rises to Cut Weekly Loss After Roller Coaster Few Days
(DBN)

Glencore Debt Swaps Normalizing Shows Imminent Credit Risk Eases
(DBN)

Glencore's Wild Ride Has Investors Asking: Can It Happen Again?
(DBN)

Glencore scrambles on asset sales, debt concerns
(DBN)

____________

Prisons:

How Local Governments Got Burned by Private Prison Investments
(DBN)

____________

Student Debt:

Obama administration backs easier bankruptcy path for private student loans
(DBN)

The Delinquent Borrowers Leading a Student Loans Revolt
(DBN)

Feds Near Creation of Student Loan Servicing Regime
(DBN)

CFPB Reports Widespread Student Loan Servicing Problems
(DBN)

____________

Coal:

Alpha Natural Resources to close Greene County coal mine
(DBN)

Arch Coal Said Planning to Pay Interest Due Thursday on Its Bond
(DBN)

Feds, states, others oppose Patriot Coal reorganization plan
(DBN)

____________

 


New Bankruptcy Opinions
(9 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 (5 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)

______________

Bankruptcy Statistics:

Rochester: Bankruptcy filings drop 20 percent in September
(DBN)

Toledo: Bankruptcy filings fall in region
(DBN)

HI: Bankruptcy filings fewer due to isles’ improved economy
(DBN)

____________

TIA:

Brett Miller: Expect Courts to Continue Wading Into Bondholder Battles Jack Butler: It’s Bad Public Policy to Empower Holdout Bondholders J. Scott Victor: Practical Impairment Leads to Chapter 11
(DBN)

Does Your Bond Deal Seem Too Good To Be True? Maybe it Violates the Indenture
(DBN)

____________

Eligibility:

Bankruptcy Plans Go Up in Smoke: Marijuana Grower Denied Relief
(DBN)

____________

Prepacks:

Prepackaged Bankruptcy: Is It Right for Your Company?
(DBN)

____________

TBTF:

MetLife Fighting Systemic Tag Asks Why Buffett Gets Pass
(DBN)

____________

Electricity:

Energy Future Holdings – Kicking a Very Large Can Down the Road
(DBN)

____________

Religion:

Judge in archdiocese bankruptcy balks at adding new costs
(DBN)

____________

Hollywood:

Relativity Drama Ratchets Up as Ryan Kavanaugh Bids for His Bankrupt Company
(DBN)

Ron Burkle Joins Group That Could Keep Ryan Kavanaugh Atop Much of Relativity Media
(DBN)

Relativity Media Hides Names of Top Moneymakers in Court Filings
(DBN)

____________

Corporate Governance:

Merrill Faces Lawsuit Over Zales Buyout
(DBN)

____________

Defaults:

Speculative-grade default rate rises to 26-month high
(DBN)

____________

Fraud:

September 2015 Ponzi Scheme Roundup
(DBN)

____________

Sovereigns:

Griesa issues new deadline
(DBN)

Argentine spirits lifted by reform hopes
(DBN)

Sovereign debt litigation – local impact of foreign judgment
(DBN)

____________

UK:

HMRC to take SRA to court over the collapse of Manches
(DBN)

____________

PIIGS:

Once Poorer and Needing Rescue, Portugal Leaves Drama to Greeks
(DBN)

____________

Canada:

Rising household debt leading to spike in insolvency filings, bankruptcies in Alberta
(DBN)

____________

Russia:

Russia prepares for wave of bankruptcy filings under new law Russians Start Filing for Bankruptcy as New Law Enters Force
(DBN)

____________

India:

Muslim man beaten to death over rumors he had eaten beef
(DBN)

____________

Brazil:

Brazil banks ready to withstand tough cycle, central bank says
(DBN)

____________

MENA:

Bahrain mulls new legislation on bankruptcy
(DBN)

As oil wealth dwindles, Saudi Arabia faces change
(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