October 28, 2015

The Daily Bankruptcy News

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Law:

Lawyers Bump Advertising Spending To $890 Million In Quest For Clients
(DBN)

Rising Rents Outstrip Profit Gains at Law Firms
(DBN)

New York Bar Exam Results Reveal Worst Pass Rates In More Than A Decade
(DBN)

Stop the AI madness!
(DBN)

As Baby Boomers Retire, Faith in Computers Grows, Report Finds
(DBN)

This Is How The ABA Plans To Address The Nationwide Problem With Bar Exam Failure?
(DBN)

Trimming Legal Department Makes Sense, GC Says
(DBN)

Beyond Biglaw: Pumping Your Book
(DBN)

Law Professor Keeps Rolling On Jeopardy!
(DBN)

Apple Fights DOJ Over Attempt to Unlock Seized IPhone Judge Questions Legal Authority To Force Apple To Unlock iPhones
(DBN)

Illinois governor’s SCOTUS brief was an ‘unauthorized filing,’ state AG’s office tells court
(DBN)

All Mac practice? Tech tips from four Mac-using lawyers
(DBN)

Apple’s results top targets as iPhone demand surges
(DBN)

The FBI will investigate case of student in South Carolina dragged out of her classroom by a police officer
(DBN)

Hey, Hobby Lobby Boss: Thou Shalt Not Steal
(DBN)

The Tumultuous History Of Baseball And The Law
(DBN)

In the past five years, at least six Americans have been shot by dogs
(DBN)

Police are searching black drivers more often, but finding more illegal stuff with white drivers
(DBN)

Black US citizen seeking refugee status in Canada on account of his race
(DBN)

Defining The Law Of Emoji
(DBN)

Holiday Epiphany For Misanthropic Lawyers - A Reverse Ebenezer Scrooge
(DBN)

United Airlines Apologized to Disabled Passenger Forced to Crawl From Airplane
(DBN)

911 Call: Employee Told Cops: "I Don’t Feel Comfortable" Letting John Henson In Store
(DBN)

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Judges:

Judge Joseph Irenas and Appellate Review of Bankruptcy Decisions – a Snapshot of a Lasting Legacy
(DBN)

Patience-Depleted Judge Reschedules Trial for 18th Time
(DBN)

The SEC's Kangaroo Courts
(DBN)

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Wall Street:

Stock futures rise after Apple results; Fed statement awaited
(DBN)

U.S. Stocks Slip Before Fed Amid Earnings Reports, Economic Data
(DBN)

Why this bull run in stocks is fraught with peril
(DBN)

This is the scare investors should be bracing for
(DBN)

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Layoffs:

Cummins to cut 2000 jobs due to weak demand for its engines
(DBN)

Michigan lithium-ion battery maker laying off 100 workers
(DBN)

Haggen layoffs mount as company downsizes its operation
(DBN)

Verso Notifies 300 Maine Workers Of Their Dismissal Date
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Politics:

History says economy does better under Democrats
(DBN)

Hillary Clinton Surges in Latest Iowa Poll Hillary Has a 41 Point Lead in Iowa
(DBN)

Some GOP ideas would cause recession: Ex-Bush aide
(DBN)

Ben Carson leads Donald Trump in new national poll NYT Examining Ben Carson's proposal for health savings accounts Ben Carson's Stabbing Story Full of Holes Why Ben Carson's Candidacy is Doomed
(DBN)

Will Trump lash out in GOP debate because of drop in polls? GOPer: THIS is the No. 1 threat to Trump
(DBN)

GOP hopefuls on Social Security, student loan debt
(DBN)

Jeb Bush rolls out proposals for Social Security, Medicare
(DBN)

Bernie Sanders Has Some Weird Thoughts About Student Loans
(DBN)

America’s biggest corporate political donors
(DBN)

Every governor running for president likes to tout his record. Here’s the reality.
(DBN)

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Corporate Reform:

Courts Apply Deferred-Prosecution Agreements to Corporations, Not People
(DBN)

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Resorts:

'Up To A Year' To Finish Baha Mar
(DBN)

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Pensions:

Pension problems expected to hammer UPS retirees
(DBN)

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Steel:

Baltimore to collect 'pennies on the dollar' from Sparrows Point's $7.3M overdue water bill
(DBN)

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Automation:

Bankrupt Wink adds Canary as a partner
(DBN)

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Education:

Sandy Weill's Wife Tells Struggling College To Go F*ck Itself
(DBN)

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Tax:

House GOP Starts Impeachment of IRS Head
(DBN)

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Religion:

Twin Cities archdiocese seeks reorganization extension
(DBN)

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Aviation:

Pilots at regional airline Republic approve new contract
(DBN)

This guy used a frequent-flyer loophole to take a $60,000 trip in a first-class suite on Emirates — here's what it was like
(DBN)

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Mining:

Lynas Weighs Molycorp Bid as Rare Earths Suitors Open Talks
(DBN)

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Economy:

Regional Fed Manufacturing Surveys Weak Again in October
(DBN)

Consumer confidence retreats
(DBN)

Top 100 US CEOs Sitting on Retirement Funds of $5 Billion
(DBN)

Chance of recession highest in two years: Survey
(DBN)

Orders for U.S. durable goods fizzle again
(DBN)

Service-sector gauge at 9-month low
(DBN)

Why the Fed should just stop talking
(DBN)

How Mario Draghi will stop Janet Yellen from raising rates for years Fed’s hands are tied on interest-rate hike The real reason Yellen will hold off on the liftoff
(DBN)

Survey: Consumers Holiday Spending Reports Reach 14-Year High
(DBN)

Ryan Blasts Boehner Over New Budget Deal
(DBN)

Economic Outlook Shapes Views of Immigration
(DBN)

If you're too young to remember the financial crisis, then read Marc Andreessen's tweetstorm
(DBN)

US Debt Clock
(DBN

Economic Indicators Dashboard
(DBN)

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Real Estate:

Mortgage Acknowledgments: Can A Boo-Boo Be Fixed?
(DBN)

MBA: Mortgage Applications Decrease in Latest Weekly Survey, Purchase Applications up 23% YoY
(DBN)

HVS: Q3 2015 Homeownership and Vacancy Rates
(DBN)

The same culprits are re-inflating the housing bubble
(DBN)

10 States with the Most Zombie Foreclosures
(DBN)

The Homeownership Rate Is Near a 30-Year Low. Could It Be Hitting Bottom? Homeownership rate rises for first time in 2 years
(DBN)

Case-Shiller: National House Price Index increased 4.7% year-over-year in August Shiller's Concerned About a Housing Slowdown
(DBN)

Real Prices and Price-to-Rent Ratio in August
(DBN)

Look who’s starting to buy homes again
(DBN)

Developers say they hope it’s not the final frame for the Railyard
(DBN)

Minimum bid for Carver Center dropped to $10,000
(DBN)

August Home Prices in 20 U.S. Cities Appreciate at Faster Pace City-by-city look at house prices: Denver is on fire
(DBN)

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Municipalities:

Puerto Rico needs reform, not bankruptcy protection
(DBN)

The White House has a solid plan for Puerto Rico
(DBN)

Puerto Rico Bondholders Said to Hire Adviser Before Meeting
(DBN)

DPS could be insolvent by spring, state treasurer warns
(DBN)

San Bernardino mayor lists city’s progress despite bankruptcy
(DBN)

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Electricity:

Energy Future Plan Criticized by Oncor Creditors
(DBN)

When energy bills skyrocketed, these neighbors banded together to keep the lights on — and won
(DBN)

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Oil/Gas:

Weds.: Oil prices rebound
(DBN)

Oil prices fall as glut worries worsen Mourning Oil Prices: The Five Stages Of Grief
(DBN)

Oil Below $50 Signals Saudi Stocks Can't Defy History for Long
(DBN)

U.S. Shale Lifelines Running Thin
(DBN)

Next Few Weeks Will Reveal Full Extent Of Oil Industry Suffering
(DBN)

BP plans financial overhaul as profits cut nearly in half
(DBN)

Oil drops on talk of sale from U.S. reserves
(DBN)

Short-Sellers Target Big Oil
(DBN)

U.S. shale revolution isn’t dead yet
(DBN)

Next Few Weeks Will Reveal Full Extent Of Oil Industry Suffering
(DBN)

Shale drillers uncertain as US output dwindles
(DBN)

BP Sees Oil Prices Rising To $60 A Barrel In 2017, But Tough Cuts In US Production Needed First
(DBN)

Mass Torts: Fossil fuel companies risk plague of 'asbestos' lawsuits as tide turns on climate change Should The Government Sue Big Oil ?
(DBN)

Governments shouldn’t count on low oil prices: IEA
(DBN)

Americans to see lowest heating bills in years due to fuel glut
(DBN)

When the oil stops: 16×9 takes a closer look at old wells in Canada
(DBN)

Saudi Stocks Tumble as Government Studies Cutting Fuel Subsidies
(DBN)

This commodity has a serious problem: Gartman
(DBN)

Slumping oil prices lead American Eagle to bankruptcy
(DBN)

Nabors posts $296 million loss amid weakening oil field activity
(DBN)

RAAM Global Energy Company Files For Bankruptcy in Houston, Texas RAAM Global files Ch. 11, negotiating credit bid with term lenders
(DBN)

Shell cancels big Canadian oil sands project
(DBN)

Anadarko Petroleum down more than $2 billion in the third quarter
(DBN)

Sorting Through The Gems And Junk In The MLP Wreckage
(DBN)

Oil and gas execs say companies still recruiting to keep up with talent lost in layoffs
(DBN)

The Buyer-Seller Gap: Oil & Gas Acquisitions Report
(DBN)

____________

Healthcare:

Bankrupt Hospital Allowed to Recover Medicaid Provider Fees Paid to State
(DBN)

Hutcheson Medical Center patients at risk?
(DBN)

Advocate Calls Hutcheson Situation "Significantly Destabilized" In Bankruptcy Court Document
(DBN)

Holzer Health System plans to eliminate 100 jobs
(DBN)

County objects to bankruptcy consultant’s fees
(DBN)

____________

Gambling:

Caesars cancels Mississippi Tunica auction amid lack of bidders
(DBN)

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Asset Protection:

Silver Bars and Fraudulent Transfers in Rego Group
(DBN)

Nevada Ponzi Man Gets 12 Years
(DBN)

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New Bankruptcy Opinions
(5 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (18 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (9 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)

______________

Avoidance Actions:

House Wins! 7th Circuit Holds that “Good Faith” Defense Under Section 550(b)(1) Applies to Casino in Fraudulent Transfer Action
(DBN)

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Involuntary Bankruptcies:

Bad Faith Dooms Involuntary Bankruptcy Petition
(DBN)

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DIP Finance:

The Court: “Where Do you get a Right Under 364 for That Purpose?”
(DBN)

____________

Bankruptcy Rules:

BK NV: Local Rules Project – Request for Public Comment
(DBN)

Commercial Law League Presents Webinar on New Rules and Forms
(DBN)

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Corporate Governance:

Rights of Creditors Will be Determined by Contract Terms and Fraudulent Conveyance Statutes; Creditors' Derivative Fiduciary Duty Claims Will Succeed Only in the Rarest of Circumstances
(DBN)

____________

Coal:

Some Patriot Coal Workers To Be Re-Hired
(DBN)

Arch shareholders reject debt swap offer, pushing company to bankruptcy brink
(DBN)

Arch Coal: Is This The End?
(DBN)

Few Options Left for Arch Coal After Debt Swap Falls Apart
(DBN)

Coal mining union says West Virginia should build new plants if EPA rules upheld
(DBN)

More Trouble in Coal Country: Health Care at Risk for 12,000 Retired Miners and Their Families
(DBN)

Hillary Clinton calls on Peabody to do 'the right thing'
(DBN)

____________

Celebs:

Boxers Who Rely on 50 Cent's Firm for Fights Aren't Happy
(DBN)

Rhode Island reopens probe into loan to former Red Sox player's company
(DBN)

Bill Cosby accuser sues former DA for alleged defamation
(DBN)

Jared Fogle Brags in Secretly Recorded Tapes About S-- With Children
(DBN)

Lenny Dykstra says he hired PIs to get details on umps, better calls in games
(DBN)

____________

Hedge Funds:

Hedge fund assets take biggest plunge since 2008
(DBN)

____________

Hollywood:

Relativity Bankruptcy : Planned Court Showdown Over Financing Deal Fizzles
(DBN)

____________

Autos:

Volkswagen posts $1.9 bln loss, warns on profit
(DBN)

____________

Student Debt:

U.S. Student Debt Rose to Almost $29,000 for Graduates in 2014
(DBN)

Millions More to Qualify for Student-Loan Modification Program
(DBN)

____________

Food/Beverage:

NM: Flying Star Cafe's Jean Bernstein shares how real estate factored into Chapter 11 bankruptcy
(DBN)

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Finance:

House Votes Overwhelmingly to Reopen Import Export Bank
(DBN)

____________

Taxis:

Uber Survey: Turnover High, Wages Low
(DBN)

____________

UK:

Is London’s Housing Bubble About to Burst?
(DBN)

____________

PIIGS:

Sean Dunne's wife seeks to cross examine American bankruptcy lawyer
(DBN)

____________

Canada:

Canadian dollar slides as oil sinks below $43 US a barrel
(DBN)

____________

India:

Bankruptcy Code a predominant requirement to deepen bond market
(DBN)

____________

Brazil:

Brazilian banks' Q3 profits squeezed by recession, defaults
(DBN)

____________

Russia:

Weak oil prices hit Russia’s sovereign-wealth fund
(DBN)

____________

China:

China stocks fall
(DBN)

China Steel: Massive Demand Slump
(DBN)

'I wouldn't know that there was any economic issue at all in China'
(DBN)

____________

MENA:

Two Iranian Poets Sentenced to 99 Lashes for Shaking Hands with Opposite Sex
(DBN)

____________

Asia:

Axis Falls Most Among Asia Banks as Bad Debt Weigh on Profit
(DBN)

____________

Argentina:

Argentina Sells Less Notes in Auction Even After Rate Rise
(DBN)

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