October 23, 2015

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Ethical Violations, Clawback Upheld in Howrey Bankruptcy
(DBN)

After Dewey Saga, Lawyers Turn to Neglected Clients Doubts emerge about reasons for prosecuting Dewey trio
(DBN)

The ATL Office 100 Ranking: You Work In An Office, Not A Firm
(DBN)

US partner billing rates rise 5% in 2014/15
(DBN)

Cadwalader Showed Due Diligence in Advising Client Court Dismisses Long-Running Malpractice Case Against Cadwalader
(DBN)

How Law Firms Plan to Fuel Growth in the Next 12 Months
(DBN)

Bondholders Target Caesars' Restructuring Lawyers at Kirkland & Ellis Caesars creditors accuse U.S. bankruptcy lawyer of misleading judge
(DBN)

Law Firms Embracing Metrics in Calculating Partner Compensation
(DBN)

Middle Market Resisting eDiscovery Tools: BDO Survey
(DBN)

Prosser Steps Into New IRB Tax Case Against Fox Rothschild
(DBN)

Put Away Your Phone
(DBN)

Necessities For A Small-Firm Practice
(DBN)

Dinsmore opens Philadelphia office, plucks partners from local competitors
(DBN)

Indictment accuses Texas lawyer of submitting false oil spill claims; he said he had 44,000 clients
(DBN)

Judge tosses suit claiming sperm donor didn’t live up to billing
(DBN)

Lawyer gets 8 years for secretly settling clients’ cases and diverting money to himself
(DBN)

The Importance And The Danger Of A Law Firm Having ‘Values’
(DBN)

Billionaire nixes $20M gift after judge rules that college can’t be renamed
(DBN)

Pennsylvania AG remains at work despite suspended law license ‘No Law License? No Problem!’ Says Embattled State Attorney General
(DBN)

Lack of sleep linked to diabetes, heart disease
(DBN)

Mayer Brown, Et Al. - Is Legal Sector Heading Into The Fun Economy?
(DBN)

Under Indictment, TX AG Paxton Recuses Himself from Some Parts of Job
(DBN)

John Grisham Goes Rogue In Latest Novel
(DBN)

Slater & Gordon punishes its militant lawyers
(DBN)

There’s been a big change in how people are dying from gunshots in America
(DBN)

The Texas Law Hawk is back — and more bizarre than ever
(DBN)

Three Shot at Tennessee State University
(DBN)

Officer’s fake dog barks scare suspect into surrendering
(DBN)

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Judges:

Law clerk’s ‘owe me a beer’ text to BigLaw associate leads to review by federal judge Law Clerk Busted Getting Chummy With Lawyer Appearing Before The Court
(DBN)

Suspend judge for 90 days and fine her $20K for conduct in DUI case, panel tells top state court
(DBN)

Is This Judge Doing A Better Job Of Being The Defense Attorney Than The Defense Attorney?
(DBN)

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Wall Street:

 

S&P 500 ends at highest in two months
(DBN)

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Layoffs:

Big companies are cutting workers in a hurry
(DBN)

3M Q3 EPS Up, Lowers FY Forecast; To Cut 1500 Jobs In Restructuring
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

Microsoft has quietly laid off as many as 1,000 employees
(DBN)

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Retailing:

Why bankruptcy is a death sentence for retailers
(DBN)

A Guide to American Apparel: Scandal, Controversy, and the Move into Chapter 11 Bankruptcy
(DBN)

U.S. Consumers' Holiday Spending Intentions Best Since 2007
(DBN)

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Healthcare:

Newark Council Pushes State to Sell Saint Michael's to Prime Healthcare
(DBN)

HDL creditors to investigate execs, board members
(DBN)

Judge signs off on sale of Southern Regional Medical Center
(DBN)

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Coal:

Arch Coal - End Is Coming And It Makes Little Sense
(DBN)

North American Coal Corporation closes Jasper operation, eliminating 118 jobs
(DBN)

Kaye Scholer Successfully Represents Majority Lenders in Defeating TRO for Arch Coal Debt Swap
(DBN)

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Gambling:

Caesars Bondholders Turn Up Legal Pressure Kirkland's Sprayregen accused of wrongdoing in casino bankruptcy case
(DBN)

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Politics:

Hillary Clinton sits silently as the Benghazi committee erupts into a giant shouting match Hillary Clinton didn’t have an office computer Speaker Ryan all but guarantees President Clinton Clinton's Benghazi Hearing Lays Bare the Politics at Play GOP Congresswoman Asks Hillary Clinton If She Spent the Night Alone on Day of Benghazi Attacks Fireworks erupt between Clinton, Republicans at Benghazi hearing Hillary Clinton Caught In A Lie, Sort Of Sorry Congress: Here's the Real Villain of Benghazi FactCheck: Spin on Benghazi
(DBN)

Rubio's Immigration Magic Trick
(DBN)

Paul Ryan: 'I am ready and eager to be our speaker'
(DBN)

Ben Carson: Let's Abolish Medicare
(DBN)

Jeb Learned Wrong Lessons from Family
(DBN)

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Gambling:

U.S. prosecutor subpoenas DraftKings
(DBN)

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Economy:

Jobless claims inch up after two weekly drops Weekly Initial Unemployment Claims increased to 259,000, 4-Week Average Lowest since 1973
(DBN)

Junk-Bond Default Rate May Nearly Double in a Year, UBS Says
(DBN)

Kansas City Fed: Regional Manufacturing Activity "Steadied" in October
(DBN)

U.S. Jobless Claims Hover Near Lowest Level in Four Decades
(DBN)

Consumer Credit Default Indices Decrease in September
(DBN)

Caterpillar slashes outlook as profit falls 64%
(DBN)

Hey New Grads, Get Ready to Work Until 75
(DBN)

Union Workers Dropped Globally After 2008
(DBN)

US Debt Clock
(DBN

Economic Indicators Dashboard
(DBN)

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Real Estate:

Home sales beat expectations in September Existing U.S. Home Sales Rise to Second-Highest Level Since 2007 Existing Home Sales in September: 5.55 million SAAR
(DBN)

Black Knight: Delinquency rate rises for 2nd month to 4.9%
(DBN)

Freddie Mac: Mortgage rates continue to drop
(DBN)

Apartments: Q&A with NMHC Chief Economist Mark Obrinsky
(DBN)

NMHC: Apartment Market Conditions Slightly Tighter in October Survey
(DBN)

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Municipalities:

Puerto Rico Accounting Practices Cited as Hurdle to Senate Help
(DBN)

Puerto Rico faces humanitarian crisis without federal action -Treasury
(DBN)

Puerto Rico Agency Said in Talks With Insurers to Raise Cash
(DBN)

Puerto Rico’s New Debt Crisis Plan
(DBN)

Puerto Rico Said to Plan Lenders' Advisers Meeting Next Week
(DBN)

Puerto Rico looks to organ transplants to help cure ailing economy
(DBN)

The weird groupthink worsening Puerto Rico's economic crisis
(DBN)

Congress Pushed To Include V.I. In Puerto Rico Recovery Efforts
(DBN)

Puerto Rico is edging closer to bankruptcy
(DBN)

Bankruptcy and statehood: two hot topics at Puerto Rico hearings
(DBN)

Senate tackles Puerto Rican debt crisis Puerto Rico faces skeptical senators for Treasury turnaround plan Puerto Rico rescue plan raises eyebrows at Senate hearing
(DBN)

Puerto Rico Bonds Drop to Lowest Since August on Bankruptcy Plan
(DBN)

The Drastic Step to Save Puerto Rico
(DBN)

Illinois Downgraded by Moody's as State Budget Crisis Escalates
(DBN)

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Education:

U of Phoenix parent reports sharp drop in revenue
(DBN)

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Hollywood:

Relativity Reorganization Delayed Again by Bankruptcy Judge Relativity Bankruptcy: Judge Postpones Ruling On Last-Minute Debt Plan Relativity's trip out of bankruptcy stalled by revisions
(DBN)

Kavanaugh-Led Group Clinches Control of Relativity
(DBN)

____________

Oil/Gas:

Oil Heads for Second Weekly Drop as Stockpiles Exacerbate Glut
(DBN)

Troubled Energy Companies Fuel Moody's Watch List
(DBN)

U.S. Shale Drillers Running Out Of Options, Fast
(DBN)

Schlumberger Limited's Ominous Warning to Oil-Field Service Investors
(DBN)

Oil’s big slump looks like the 1980s ‘Lost Decade’
(DBN)

Crude demand seen tempering next year amid balance sheet deterioration
(DBN)

Women ‘don’t understand fracking’ says expert: Report
(DBN)

Saudi Arabia Burns Cash As Oil Falls
(DBN)

Why Crude Oil Prices May Hit $130 a Barrel in 2017
(DBN)

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Pharma:

The man going after Valeant went on an epic rant on live TV Inside Valeant's Unknowns and Company Statement Valeant's web keeps getting wider
(DBN)

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Celebs:

Here's how much 50 Cent is paying Robins Kaplan LLP
(DBN)

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Personal Finance:

7 rules for battling 'zombie' debt
(DBN)

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Corporate Reform:

Is The New SEC Clawback Rule A Mistake?
(DBN)

Regulator: Banks Repeating Same Mistakes
(DBN)

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Turnarounds:

Thain Sees His Fixing Days Over After Third Turnaround Effort
(DBN)

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Debt Collection:

Biloxi Brings Back Debtors' Prison
(DBN)

____________

Guns:

Colt Defense - Unions Appeal Auction Bid Procedures to Protect Rights Under Collective Bargaining Agreement and, Meanwhile, No Qualified Bid Has Been Received for Colt's Assets.
(DBN)

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Museums:

Please Touch Museum makes strategic hire for fundraising campaign
(DBN)

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New Bankruptcy Opinions
(1 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (29 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (4 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)

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Automatic Stay:

Ninth Circuit Holds That Debtor May Recover Attorneys' Fees Incurred Prosecuting Action for Damages Relating to Violation of Automatic Stay
(DBN)

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Ch.11 Trustees:

Slavery + Chapter 11
(DBN)

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Avoidance Actions:

Eleventh Circuit Holds Indirect Benefits May Constitute Reasonably Equivalent Value Under Section 548
(DBN)

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Mass Torts:

Claim Aggregation & Litigation Finance - That's Where Money Is Made (for some) Inside Massive Injury Lawsuits, Clients Get Traded Like Commodities
(DBN)

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Mining:

Cash-Starved Mines Draw New Money on Bet Metal Slump Ending Soon
(DBN)

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Food/Beverage:

A&P bankruptcy a case of greed
(DBN)

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Awards:

Risa Wolf-Smith Selected as American College of Bankruptcy Fellow
(DBN)

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Eligibility:

Bankruptcy Court Holds That Same-Sex Couples in Registered Domestic Partnerships Are Not “Spouses”
(DBN)

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Student Debt:

American farmers want student loans forgiven
(DBN)

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Sovereigns:

European bondholders to BoNY: 'Pay or step aside' Argentina's Euro Debt Holders Tell Bond Trustee to Step Down
(DBN)

Judge Griesa rules in favor of 'me too' Argentine bond holders
(DBN)

US Judge Rules Against Argentina in Vulture Fund Case
(DBN)

Argentine Front-Runner for President Is Expected to Resolve Standoff With U.S. Hedge Funds
(DBN)

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Canada:

Bankruptcy trustee can sue to recover funds in Golden Oaks case
(DBN)

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EU:

Mario Draghi And The European Central Bank Seem To Be Responding
(DBN)

Draghi's Signal Adds $190 Billion to Negative-Yield Universe
(DBN)

Eurozone PMI surprise rise signals no China hit
(DBN)

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PIIGS:

Portugal Can't Change Course on Budget Restraint, s Says
(DBN)

Corporate Bankruptcies Down 15.8% in Greece in 2014
(DBN)

Greece's creditors demand further reforms
(DBN)

____________

 

Russia:

Russia's Sberbank has created 100 pct provisions for Transaero debt - CFO
(DBN)

Russia’s biggest bank: Our three black swans
(DBN)

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Iceland:

Iceland does what the US won’t: 26 top bankers sent to prison for role in financial crisis
(DBN)

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Ukraine:

Ukraine's New Era Falls Short, Feeding Chorus of Discontent
(DBN)

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Germany:

Germany Braces for $3.4 Billion VW Tax Shortfall as Crisis Hits
(DBN)

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