October 21, 2015

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Inside the Dewey & LeBoeuf Deliberations Dewey & LeBoeuf case could go to a retrial after jury fails to reach verdict Dewey Mistrial Recap Jury in Dewey Law-Firm Case Inundated by Details - Jurors faced piles of evidence, testimony that many said the group found hard to absorb
(DBN)

Associate Bonus Watch: Fried Frank Announces A New Bonus Policy
(DBN)

Accidental Payments and Quiz Cheating
(DBN)

New York Lawyers Resist Push to Make Attorney Discipline Less Secret
(DBN)

Meet The Billion-Dollar Biglaw Partners Behind The Madoff Case
(DBN)

Top Feeder Colleges For Law School Applicants
(DBN)

Despite All Efforts, Law School Posts Worst Bar Exam Performance Ever
(DBN)

OK, Stop It, Cornell Law School
(DBN)

Expecting M&A uptick, Baker Botts adds 25 Houston lawyers, wants 25 more in 2016
(DBN)

Can Legal Organizations Benefit From A Growth Mindset?
(DBN)

Are female lawyers more ethical than the male?
(DBN)

How to react to a bullying boss? Some responses could make matters worse
(DBN)

A Sensible Solution To The Problem Of Personal Email And Web Browsing At Work
(DBN)

Legal Practice and Legal Delivery: An Important Distinction
(DBN)

I’ll work for legal representation, electrician says in ads outside courthouse
(DBN)

19 business-etiquette rules every professional should know
(DBN)

Apple Tells Court it Can’t Unlock New iPhones
(DBN)

Cops: Man killed grandmother because she blew nose at dinner table
(DBN)

A crime associated with the Wild West is on the rebound
(DBN)

Medical Examiner: Airplane Biter Died After Drugs Burst in His Stomach
(DBN)

Husband’s tears weren’t protected by spousal privilege, appellate court rules
(DBN)

Ole Miss Students Reject Mississippi Flag TN: County Votes Down Confederate Flag
(DBN)

Concealed Permit: Shoots Himself in Theater
(DBN)

Muslim student arrested for homemade clock in Texas is moving to Qatar
(DBN)

Lawyer charged with stealing $5.7M from clients over two-year period
(DBN)

______________

Judges:

Judge’s fine alternative was ‘violation of bodily integrity,’ ethics complaint alleges
(DBN)

Holy F---! This Appellate Opinion Is So F----- Obscene!
(DBN)

If You Can't Afford to Pay the Fine, Alabama Judge Will Take Your Blood
(DBN)

______________

Wall Street:

Stock futures tread water
(DBN)

Global stocks slip as earnings, China weakness weigh
(DBN)

Market recovery collides with major resistance
(DBN)

______________

Layoffs:

Here's the unemployment rate in every state
(DBN)

Here’s Where All the Construction Workers Went
(DBN)

ESPN poised for big job cuts
(DBN)

Harley-Davidson plans 250 layoffs to fund new marketing, product development
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Fraud:

Beware of Bankruptcy Phone Scam
(DBN)

Life for one victim after Bernie Madoff's $64 billion Ponzi scheme Officials: Big Payout Coming for Most Madoff Victims Madoff Trustee Presses Forward With $1.2 Billion Payout Plan Majority Of Bernie Madoff Ponzi Scheme Victims Will Each Get $1 Million Back Madoff trustee: Allowable claims under $1.1M to be all paid
(DBN)

The Madoff investors who ‘will be made whole’
(DBN)

$1B in legal fees for recovery of Madoff losses is a ‘good return on investment,’ lawyer says
(DBN)

____________

Education:

Here's one more sign that the for-profit college industry is in trouble
(DBN)

For-Profit College Owner, Who Used S-------- As Lure, Goes On Trial
(DBN)

____________

Hollywood:

Relativity Makes Emergency Motion Over $30 Million in Promised Investment Backing Funding Deal Runs Into Trouble But TV Sale Is Complete
(DBN)

Relativity Owes Bankruptcy Team $4.8M+ For 2 Months Of Work
(DBN)

____________

Autos:

States probe VW over emissions, look for settlement money
(DBN)

____________

Metals:

Cheap imports, high inventories hurt Steel Dynamics ' profit
(DBN)

Ospraie's Anderson Sees `Miserable' Future for Metals and Oil
(DBN)

___________

Coal:

Arch Coal Fails to Win Protection of Debt-Swap
(DBN)

____________

Student Debt:

Obama administration: No bankruptcy relief for student debt
(DBN)

Dept. of Ed.: Undue Hardship = Certainty of Hopelessness or Total Incapacity
(DBN)

2 court cases that could change student loan debt Why student loan borrowers should pay attention to these two court cases
(DBN)

Supreme Court May Hear Student Loan Debt Case - The case focuses on clarifying law on borrowers’ ability to discharge student loan debt if they file for bankruptcy
(DBN)

____________

Biotech:

The Fallout: What Happens When Biotech Companies Fail?
(DBN)

____________

Alternative Energy:

Oakridge Global Energy Solutions Adds Restructuring Expert To Board
(DBN)

____________

Retailing:

Hilo Hattie selling flagship store fixtures Hilo Hattie begins new chapter in business with liquidation sale
(DBN)

Retail: October Seasonal Hiring vs. Holiday Retail Sales
(DBN)

____________

Mining:

Bankruptcy filing puts Johnson Camp Mine sale on hold
(DBN)

____________

Food/Beverage:

Yum Bondholders Face Rising Leverage, Junk Status in Split
(DBN)

Restaurants and Bars Near Penn Station You’ll Actually Want to Visit
(DBN)

Oprah Faces Long Odds in Rescuing Debt-Laden Weight Watchers
(DBN)

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Hedge Funds:

Hedge funds see biggest decline since 2008
(DBN)

____________

Advisors:

Perella Weinberg Sues Former Partners Over Rival Restructuring Venture
(DBN)

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Distressed Investing:

Junk-Bond Investors Said to Seek Cheat Sheets in Sale Documents
(DBN)

___________

Economy:

Rich Americans got a lot richer last year
(DBN)

Quit bad-mouthing the economy, says chart
(DBN)

This is what the average American made last year
(DBN)

Just How Bad Was the 2009 Global Recession? Really, Really Bad
(DBN)

The Gender Pay Gap Widens as Men’s Earnings Grow Twice as Fast as Women’s
(DBN)

Is there a rebellion at the Federal Reserve?
(DBN)

Five Bad Reasons For The Fed To Raise Rates Now And One Good Reason Not To
(DBN)

Get Used to It. Low Rates Are Here to Stay.
(DBN)

Decline in Unions Damaged Middle Class
(DBN)

BLS: Thirty-seven States had Unemployment Rate Decreases in September
(DBN)

$50 Trillion In Debt: This is what the '3rd wave' of the 2008 financial crisis looks like
(DBN)

Goldman: Only 85K needed to drop jobless rate
(DBN)

The Debt Ceiling Cost of U.S. Debt-Ceiling Gridlock Borne Out at Treasury Auction Debt-Limit Deadlock Leaves Bond Investors Wondering What's Next
(DBN)

Krugman: More Artificial Unintelligence
(DBN)

The Fall of a High-Yield Fund Echoes 2007 Crunch
(DBN)

US Debt Clock
(DBN

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

Mortgagee's Lack of Good Faith May Lead to Forfeiture
(DBN)

JP Morgan: $90Bn in Short Sales Not Covered
(DBN)

Housing starts jump to 3-month high but permit decline could signal looming slowdown Housing Starts increased to 1.206 Million Annual Rate in September Comments on September Housing Starts
(DBN)

Millennials are starting to buy homes, and they're headed to the suburbs
(DBN)

Think your rent's too darn high? Just wait Boomer Doomer - The Other Side Of High Rents
(DBN)

Which cities give you the highest return on a rental investment?
(DBN)

People are worried this could be the next US 'subprime' crisis
(DBN)

Demand for rental apartments boosts US housing starts Dangers behind growth in apartment building
(DBN)

San Francisco squatter sold 11 paintings from mansion
(DBN)

Montgomery County Loses Over $24 Million To Bankrupt Developer: Report
(DBN)

____________

Municipalities:

Illinois Could Sacrifice Sacred Cows Amid Drawn-Out Budget Battle
(DBN)

Puerto Rico 'superbond': A bailout by any other name
(DBN)

Puerto Rico's Utility Chief Confident on Deal With Insurers
(DBN)

Puerto Rico Said Struggling to Reach Debt Deal With Hedge Funds
(DBN)

Wilbur Ross Weighs in on Puerto Rico's Problems
(DBN)

Snyder's plan to fix Detroit's schools will fall on deaf legislative ears
(DBN)

Riley: RI Investment Adviser “Sell Providence RI Bonds”
(DBN)

____________

Celebs:

Attorney Fees in Sam Wyly Bankruptcy Reach Over $5M
(DBN)

Bankrupt Resort Founder Blixseth Remains Behind Bars
(DBN)

Airport worker sues Halle Berry and husband for $5M over shoving incident
(DBN)

Bill Cosby Loses His Attorney
(DBN)

____________

Awards:

Luis Rivera Honored with Paskay Professionalism Award
(DBN)

____________

Oil/Gas:

Oil struggles ahead of producers’ meeting, data
(DBN)

OPEC is About to Crush the US Oil Boom US Oil Output Slide is Looming
(DBN)

Day Of Reckoning For U.S. Shale Will Have To Wait
(DBN)

Oilfield Services Not Expecting Rebound Until Late 2016
(DBN)

Halliburton CEO: The oil industry's 'day of reckoning' is near
(DBN)

Schlumberger Braces For More Tough Times
(DBN)

Genel cuts 2015 oil output forecast
(DBN)

Vitol Sees Oil Struggling to Break Above $60 per Barrel by End-2016
(DBN)

Paragon Offshore: Loses Contract To Noble
(DBN)

Exco Resources Targets 18% Reduction in Debt Load With Loan Plan
(DBN)

Frank's announces more layoffs
(DBN)

The oil price crash is making markets more efficient
(DBN)

Moody's downgrades Pacific Drilling to Caa2 from B3; negative
(DBN)

BHP Billiton pares petroleum spending plans
(DBN)

North Dakota’s Jobless Rate Falls as its Workforce Shrinks
(DBN)

Tanker activity shows global crude market is saturated
(DBN)

OPEC wages war upon itself, while woolly worm predicts warm US winter
(DBN)

Kemp: OPEC Has Stalled The Shale Revolution
(DBN)

OPEC, non-members to hold unusual meeting
(DBN)

Mideast nations face $1 trillion budget gap if oil keeps falling: IMF
(DBN)

____________

Motorcycles:

Harley skids after profit miss, shipment outlook ‘We have to raise our game’
(DBN)

____________

Personal Finance:

You're basically saving no money buying that big flat-screen TV on Amazon
(DBN)

____________

Gadgets:

Quirky Inventors Seek Path to Reclaim Products
(DBN)

____________

Healthcare:

Audit exposes deficit as troubled C.W. Williams health center emerges from bankruptcy
(DBN)

Medical device maker Cardiac Science files for bankruptcy protection
(DBN)

Buyers moving to snap up Hutcheson properties as auction looms
(DBN)

Tuomey Hospital Avoids Bankruptcy with Settlement of Record Stark/FCA Verdict
(DBN)

____________

Alternative Finance:

Lessons from TrustBuddy
(DBN)

____________

Guns:

Colt Defense unsec’d creditor committee urges rejection of proposed reorg plan
(DBN)

____________

Pensions:

Labor, pension managers square off over benefits
(DBN)

____________

Rail:

Railcar orders show biggest drop since 1980s
(DBN)

____________

New Bankruptcy Opinions
(0 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (46 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (12 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)

______________

Involuntary Bankruptcy:

3rd Circuit Affirms Bad Faith Involuntary Bankruptcy Dismissal Increasing Risk of Punitive Damages
(DBN)

____________

Bankruptcy Rules:

BK CO: Court Solicits Comments On LR Changes
(DBN)

____________

Avoidance Actions:

Seventh Circuit Insulates Good Faith Casino from Insider's Fraudulent Transfer Liability
(DBN)

____________

Appeals:

Appealing to the BAP
(DBN)

Beyond Biglaw: Handicapping An Appeal
(DBN)

____________

Automatic Stay:

Busted! Sixth Circuit Holds Creditor’s Threat to Pursue Criminal Charges Against Debtor Falls Outside Criminal Prosecution Exception to Automatic Stay
(DBN)

____________

Chapter 13:

Undisbursed Funds Go To Debtor upon Dismissal
(DBN)

____________

Escrow:

An Appellate Court Shows How To Analyze Escrow Accounts in Bankruptcy
(DBN)

____________

Corporate Reform:

Dewey Mistrial Tarnishes Manhattan DA Attack on Corporate Fraud
(DBN)

BNY Mellon Wins Approval of $180 Million Forex Settlement
(DBN)

____________

Insurance:

Missouri Appeals Court Affirms That Insolvency Exclusion Bars Indemnity Coverage for Refusal to Pay
(DBN)

____________

Museums:

Evergreen museum property could go on the auction block
(DBN)

____________

Electricity:

Oncor sale to Hunt Consolidated currently held up Energy Future Sues to Force Sale of Oncor Minority Stake
(DBN)

____________

Politics:

What Clinton or Sanders could mean for taxes
(DBN)

Polls: Hillary Clinton lead expands The math is clear: Hillary Clinton has better odds of becoming president than anybody else — by far
(DBN)

Trump, Carson want Secret Service protection
(DBN)

Rubio’s energy plan is boilerplate conservatism, but his spin on it is … novel Campaign Watchdog Says Ads Starring Rubio Cross Line
(DBN)

Trump’s Big Dump: The Rise and Fall of Atlantic City Panicked establishment gets ready for war against Trump Trump's Republican critics pushing for GOP-backed takedown Poll: Trump Hits Highest Mark Yet, But Carson Is Close Behind Trump Fact Check: "We have the highest tax rate anywhere in the world." Watch Trevor Noah Struggle to Say ‘Donald Trump Is Right’ Donald Trump's Atlantic City Casino Industry Dealing Examined by CBS News Trump Fact Check: Says Bernie Sanders is going to "tax you people at 90 percent."
(DBN)

Democrats Go Negative on Joe Biden’s Prospects: ‘Hard Road Forward’ A simple guide to what Joe Biden actually believes in Joe Biden for President? Media Buzz Ignores How Veep Worsened Student Debt on Big Banks' Behalf
(DBN)

What Campaign Donations Can't Buy
(DBN)

Paul Ryan spells out conditions for run at speaker's job Ryan Will Run for House Speaker if Freedom Caucus Disarms Freedom Caucus Wary of Ryan's Demands
(DBN)

Ted Cruz's Leap Into the Unknown
(DBN)

John Oliver rips politicians who use fake ‘founding father’ quotes — and it’s hilarious
(DBN)

___________

Ethanol:

Ethanol Created More Problems Than It Solved
(DBN)

____________

Gambling:

Wilmington Trust sues Caesars over guarantee on unit's notes
(DBN)

____________

UK:

The End Of P&A: New law capping insolvency fees after complaints about overcharging
(DBN)

Pearson shares slump on profits warning
(DBN)

Cuts could leave renewables firms bankrupt
(DBN)

Ex-Barclays CEO Diamond Says He's Competing With Banks in Repo
(DBN)

The One Thing Tesco's Big Data Algorithm Never Predicted
(DBN)

____________

EU:

The revised EC regulation on insolvency proceedings seeks to resolve practical concerns
(DBN)

EU says Starbucks, FIAT profited from illegal tax breaks
(DBN)

Draghi May Lack What It Takes to Do Whatever It Takes on Prices
(DBN)

EU Weighing Haircut Possibilities for Failing Clearing Houses
(DBN)

____________

PIIGS:

Greece's Bailout Costs Could Rise Over Life of Loans, ESM Says
(DBN)

____________

Canada:

The Return of “Trudeau-mania”
(DBN)

The Impact of Canada’s Political Shift
(DBN)

Canada Has a New Government, and Some Nasty Old Problems Trudeau's Ambition Meets Canada's Economy
(DBN)

Canada's new growth strategy: Spend big
(DBN)

A New Era For Canadian Oil And Gas, For Better Or Worse
(DBN)

Larry Summers: Canadian election proves that an anti-austerity message is a winning one
(DBN)

____________

Russia:

Russian Banks File Bankruptcy Lawsuits Against Transaero
(DBN)

S7 Airlines Co-Owner Filyov Agrees to Buy Control of Transaero
(DBN)

____________

China:

A Debt Balloon With Nowhere to Go But Down
(DBN)

China vs. United States: A Tale of Two Economies
(DBN)

For Mongolia, China's Slowdown Is Provoking Emergency Response
(DBN)

China Defaults Seen Rising After Sinosteel Misses Payment Sinosteel's Not-Default and More Moral Hazard
(DBN)

China's Stocks Fall Most in Month as Small-Caps Lead Declines
(DBN)

____________

Venezuela:

Venezuela to Keep Making International Debt Payments, Govt Says
(DBN)

____________

Turkey:

Turkish Bank Debt Is Souring
(DBN)

____________

 


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