September 1, 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

3-Column Formating

 

Law:

A lawyer's alleged double life could screw up one of the biggest antitrust settlements in US history Keila Ravelo: From ‘Women Worth Watching’ to Under Arrest
(DBN)

Restructuring Lawyer John Thompson Joins McGuireWoods as Partner in Washington Office
(DBN)

Midlevel associates give high rankings to their firms; is technology key?
(DBN)

Report: Revenue Grows By 4 Percent Among Am Law 100 Firms
(DBN)

BigLaw - Demand Flat, Revenue Up (Because Hourly Rates Keep Increasing - LOL)
(DBN)

Sidley Continues Rapid Expansion in Los Angeles With Former Klee Tuchin Private Equity Partner
(DBN)

Kaye Scholer MP on 'Superrich' Law Firms
(DBN)

UK: Dechert, Eversheds and Addleshaw latest firms to hike junior lawyer pay
(DBN)

Twitter erupts in anger as Amal Clooney is described as an ‘actor’s wife’ by Associated Press
(DBN)

Dealing With the 'Daddy Track': Men Face Challenges Going Part Time
(DBN)

Arent Fox Partner Moonlights as Montauk Nightclub Owner
(DBN)

How Can Law Firms Increase Revenue? Charge More
(DBN)

Bankruptcy Lawyer: Entering The Arena — Living Wholeheartedly
(DBN)

Billing Scrutiny Creates Tension Between Firm and Client
(DBN)

Ex-Biglaw Attorney Files Lawsuit Claiming His Former Firm Hung Him Out To Dry
(DBN)

Reed Smith Takes Bankruptcy Work Beyond Pennsylvania's Borders
(DBN)

Ex-lawyer accused of hypnotizing clients faces multicount indictment
(DBN)

What Does Gay Marriage Mean for Bankruptcy?
(DBN)

3 reasons firms are starting to embrace ‘prudent innovation’
(DBN)

Lawyer is suspended for courtroom disruptions, claim that marshal tripped her
(DBN)

After bankruptcy filing, attorney who stole $1.5 million has hearing postponed, again
(DBN)

Law Journal Apologizes For Article About Executing Law Professors, Professor Resigns
(DBN)

The Most Liberal And Conservative Law School Graduates
(DBN)

Using Statistical Caveats To Mislead Students About Law School
(DBN)

Law student kicked out of one school gets a second chance at another
(DBN)

California Bar Requires Unaccredited Law Schools To Disclose Dropout Rates
(DBN)

Three Signs Of A Dying Law School
(DBN)

Bill Your Clients For Watching TV? Seems Legit
(DBN)

The Fundamentals Of Bad In-House Jobs
(DBN)

Surveys Find Mixed Demand, Moderate Pay for Corporate Counsel
(DBN)

How are Quinn Emanuel and Hillary Clinton Alike?
(DBN)

Pa. Firms See Rates, Demand Rise Above National Averages
(DBN)

New Microsoft law office management platform offers group access to legal docs on any device Microsoft Debuts Matter Center for Office 365
(DBN)

LinkedIn just fixed one of its most annoying problems
(DBN)

Proven Ways Lawyers Can Get the Most Out of LinkedIn
(DBN)

To Stop Procrastinating, Start by Understanding the Emotions Involved
(DBN)

How to tell if someone is lying
(DBN)

Etiquette Of Loss Talk - Your Law Colleagues Just Lost Their Jobs
(DBN)

Drunk Lawyers - You May Have A Disease, But Thank You For Not Sharing
(DBN)

Tom Brady's suspension is going to be all-or-nothing after he failed to reach a deal with the NFL
(DBN)

How to determine if you are getting enough sleep
(DBN)

Asking for Referrals: Bad Idea, Fading Fast
(DBN)

5 ways to say 'I'm sorry' when you make a mistake at work
(DBN)

6 experts on what you should know about body language at work
(DBN)

No Guarantee of Public School Choice in Constitution, Appeals Court Rules
(DBN)

Lawyer For Sons of Confederate Veterans Really Puts Things In Perspective
(DBN)

Lawyer admonished for email exchange with ‘Deliverance’ taunt seeks to set aside the judgment
(DBN)

PA: Board Seeks Suspension of AG's Law License, Sources Say
(DBN)

Texas Jail Death Ruled a Homicide
(DBN)

No New Novel in Harper Lee Safe-Deposit Box
(DBN)

Village Council Sentences Two Sisters To Be R----
(DBN)

Homeowner Injured and Dog Killed After Police Respond to Wrong House
(DBN)

Supremacist Gave Nazi Salute After Being Convicted of Killing 3 at Jewish Sites
(DBN)

Texts Show Teen Pushing Her Boyfriend To Suicide: "When Are You Gonna Do It?"
(DBN)

Cops: NYC Developer Left Friend to Die After Crashing Porsche in Long Island
(DBN)

Artist behind infamous Tom Brady courtroom sketch got a second chance, but it was 'a nightmare'
(DBN)

New York’s craziest custody case: Four parents, one child
(DBN)

______________

Judges:

6 writing tips from a sitting Supreme Court justice
(DBN)

A misleading story about Justice Thomas A Supreme Court Justice Who Does His Job Well, But Bores The New York Times While Doing It
(DBN)

WA State Senators Declare Supreme Court Order “Unconstitutional”
(DBN)

Bankruptcy judge in Topeka appointed head of Bankruptcy Appellate Panel
(DBN)

Retired judge who helped set swim record at 85 makes ‘best law decisions’ in the pool
(DBN)

Lawyers acquitted of coaching witnesses to lie; case a ‘scary attack’ on defense bar, counsel says
(DBN)

Rowan clerk loses Supreme Court fight
(DBN)

Facing Discipline, Judge Alleges Lawyers Conspired Against Her
(DBN)

Judge to 8, Don't Drive. Four Immediately Do It
(DBN)

______________

Wall Street:

Stock futures point to steep drop on China, data jitters
(DBN)

China jitters send stocks tumbling European markets fall as weak factory data piles on pressure Chinese factory data pull Asian shares lower
(DBN)

Wall Street's worst month in three years ends on a sour note
(DBN)

After Two Weeks of Market Turmoil, What’s Changed? Not Much
(DBN)

______________

Layoffs:

GT Advanced Technologies to cut staff, operating expenses by about 40%
(DBN)

HP told some employees to choose between becoming contractors with no benefits or being fired without severance
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Retailing:

RadioShack's creditors sue Standard General Creditors Sue Hedge Fund Over Chain’s Collapse Creditors sue former RadioShack stakeholders
(DBN)

Wal-Mart is cutting workers' hours after pay raise Walmart's Worker Hours Reduction Shows It Is Caught In A Classic Retailer Trap
(DBN)

Anna’s Linens Postpones Part of Auction
(DBN)

J.C. Penney upgraded by Deutsche Bank
(DBN)

____________

Economy:

IMF's Lagarde sees weaker than expected global economic growth
(DBN)

Here's what could move the most if the Fed hikes
(DBN)

Only the Fed can crash Wall Street
(DBN)

September shaping up as Fed's worst nightmare
(DBN)

Cost of living is increasingly out of reach for low-wage workers
(DBN)

History: FDR On Minimum Wage
(DBN)

Citibank: Slowing global warming would save the economy tens of trillions of dollars
(DBN)

The Glass Half-Full Economy
(DBN)

Chicago PMI at 54.4 in Aug vs 54.5 reading expected Midwest manufacturing activity expands less than expected in August
(DBN)

Goldman Sachs says this chart looks like this only when there's about to be a recession
(DBN)

Here's how fertility rates in the 10 biggest countries are expected to change by 2050
(DBN)

A major warning from the most reliable bellwether of the world economy
(DBN)

US Debt Clock
(DBN

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

Are REOs ready for a comeback?
(DBN)

Oil-Price Plunge Could Push Down Home Prices in Three States
(DBN)

Fannie Mae: 3 reasons why this oil glut won't crash housing
(DBN)

WeWork's financial projections may be hard to meet
(DBN)

Homebuilders call new labor law ruling crippling
(DBN)

____________

Municipalities:

Puerto Rico's religious leaders call for federal debt intervention
(DBN)

The Case For Puerto Rico Chapter 9 Extension
(DBN)

What Will It Take to Solve Puerto Rico’s Debt Crisis?
(DBN)

Puerto Rico finance plan delayed by a week
(DBN)

Puerto Rico Debt Crisis: America’s Greece?
(DBN)

De Blasio Not Invited on Cuomo-Led Puerto Rico Trip - Governor takes delegation of officials to the island to discuss ways to help its debt crisis
(DBN)

To save Puerto Rico from bankruptcy , face the facts
(DBN)

Illinois Lottery winners get $250K ... IOU
(DBN)

Kentucky City Claiming Bankruptcy May Not Be Broke, Moody's Says
(DBN)

Hillview's bankruptcy negative for small town government -Moody's
(DBN)

San Bernardino Pension Shift to Save $2.7 Million
(DBN)

Murder Rates Rising Sharply in Many US Cities
(DBN)

____________

Oil/Gas:

Tues.: Oil prices pull back after breathless rally Oil prices drop 3% as investors retreat from overnight gains Scotiabank Bank: Oil Going Back Under $50 Not so fast. Oil may test $30 again: Trader
(DBN)

US crude erases August losses on production data Oil Jumps to One-Month High as OPEC Ready to Talk to Producers OPEC concludes there is ‘no quick fix’ exists for low oil prices Oil ends 8.8% higher, capping huge 3-day gain Oil's Three Big Days Wipe Out a Month of Losses
(DBN)

The oil price explosion is totally detached from reality
(DBN)

New US oil data shows lower 2015 production: EIA
(DBN)

Famed oil bear loses his growl
(DBN)

OPEC concerned by oil drop, ready to talk to other producers
(DBN)

The oil crash has 'everyone on pins and needles' in Texas
(DBN)

Many Texas manufacturers see conditions worsening amid cheap crude
(DBN)

Speculators Still Control Oil Price Volatility
(DBN)

Sabine Creditors Want Investigation of Forest Merger
(DBN)

____________

Celebs:

Joel Silver Sued Over Real Estate, Art Loans - The controversial film producer allegedly owes $1.3 million to a restructuring firm.
(DBN)

____________

Politics:

Everything you want to know about Donald Trump’s bankruptcies Donald Trump favorability surges in Iowa Trump makes an appearance at Barclays Donald Trump has a secret weapon for wooing working class whites Donald Trump's new vicious jab at Jeb Bush is reminiscent of one of the most infamous attack ads For the first time in forever, Donald Trump doesn't have the outright lead in a poll Ben Carson might be the only man who can stop Donald Trump Trump is America's answer to Hugo Chavez Fact Check - Trump: "We have 93 million people out of work. They look for jobs, they give up, and all of a sudden, statistically, they're considered employed."
(DBN)

After Donald Trump goes nuclear on Jeb Bush, Jeb responds that Trump is soft on crime Fact Check: Bush: "I released all my emails."
(DBN)

Scott Walker backers seek reboot as campaign slumps
(DBN)

We need some moderate Republicans to start running for Congress
(DBN)

Jim Chanos on why Democrats should win 2016 election
(DBN)

150 more of Hillary Clinton’s emails have now been deemed classified
(DBN)

Rand Paul calls a wall between US and Canada 'a pretty dumb idea'
(DBN)

Biden faces a rough road to the White House Elizabeth Warren's Criticism of Joe Biden Complicates Vice President's 2016 Plans
(DBN)

If Donald Trump can do it, why not Kanye West?
(DBN)

Chris Christie Says He'll Be on the Main Stage in the Next Debate
(DBN)

Presidential Campaign Raises Echoes of '68 Race
(DBN)

Iowa Polls Reveal Hunger for Political Outsiders
(DBN)

____________

Retailing:

Penney's enters next phase of turnaround
(DBN)

____________

Mass Torts:

NYC asbestos judge sets plans for new rules governing cases
(DBN)

____________

Debt Collection:

11th Circ. Applies Narrow Definition to 'Debt Collector' Under FDCPA
(DBN)

____________

Shipping:

More of China’s shipbuilders face bankruptcy due to overcapacity
(DBN)

____________

Entertainment:

Apple may be thinking about taking on Hollywood
(DBN)

____________

Mining:

Molycorp Said to Draw Interest From Buyers for Assets Abroad
(DBN)

____________

Telecoms:

FCC's LightSquared Scandal: Another Solyndra In The Making?
(DBN)

____________

Celebs:

Trick Daddy Files For Bankruptcy: 3 Baby Mamas These Baby Mamas Are Expensive
(DBN)

‘Duck Dynasty’-Themed Ice Tea Maker Fights ‘Appearance Fee’ Bill
(DBN)

Tom Vucurevich, one of South Dakota's wealthiest men,says he's insolvent
(DBN)

____________

Resorts:

Baha Mar Bankruptcy Judge Holds Off on Dismissal Ruling
(DBN)

Baha Mar Plan Aims For Swift Completion
(DBN)

____________

Electricity:

Judge Seeks to Wind Up Energy Future's Bankruptcy
(DBN)

____________

New Bankruptcy Opinions
(8 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (31 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (40 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)-(9)-(10)
(DBN)

Seminars - (Contact us to list your seminar)

______________

Mootness:

Equitable Mootness: Concurring Opinions in Conflict
(DBN)

____________

Bondholders:

Judge Scheindlin Rules in Caesars that Trust Indenture Act Bars “Core” Impairments; Certifies the Issue to the Second Circuit OR What’s the Deal with the Caesars Parent Guarantee Litigation? [PART I]

____________

Jurisdiction:

Bankruptcy Court Jurisdiction Raises Constitutional Questions With Economic Consequences
(DBN)

____________

Personal Finance:

Woman buried her life savings under her kitchen, and it turned to mush
(DBN)

The 9 smartest things to do with your money in your 20s
(DBN)

____________

Food/Beverage:

Hearing set for Tuesday for bankrupt A&P and its unions
(DBN)

McDonald's is messing with your McMuffin
(DBN)

____________

Coal:

Patriot Coal Bankruptcy Auction Set
(DBN)

Coal Cos. Should Focus on Liquidity to Avoid Default
(DBN)

____________

Hockey:

Sources: Islanders owner wins bid to take over bankrupt ice rink
(DBN)

____________

Healthcare:

UMC wants $860K a month in rent from Children's
(DBN)

Pediatricians criticize UMC's CEO Jim Valenti's comments Deposition by UMC's Valenti angers Children's doctors
(DBN)

Children's Hospital will have cash to operate until October
(DBN)

Children's asks to hire contractor for payroll, HR services
(DBN)

Brigham to cut 100 jobs
(DBN)

Miramar-based Univita files for Chapter 7 bankruptcy
(DBN)

____________

Religion:

The pope doesn't care about capitalism
(DBN)

Payouts don't always bring healing, clergy abuse victim says
(DBN)

____________

Social Media:

Ashley Madison says it's still growing by hundreds of thousands of users
(DBN)

____________

Awards:

International Women's Insolvency and Restructuring Confederation Announces "Rising Star" Award Finalists
(DBN)

Announcing the Wichita Business Journal's 2015 Bankruptcy Lawyer of the Year
(DBN)

____________

Aviation:

Republic Airways' financials getting closer scrutiny as standoff with pilots intensifies
(DBN)

____________

Sovereigns:

US appeals court rules for Argentine central bank in bond case The Opinion
(DBN)

US Appeals Court backs Argentina: sovereign immunity for Central bank funds
(DBN)

Central Bank Alter-Ego Theory Rejected
(DBN)

Argentine Central Bank Assets Can't Be Seized by Bondholders Decision reverses earlier ruling that would have opened nation's reserves to hedge funds
(DBN)

____________

UK:

Dodgy Directors Top Trumps
(DBN)

____________

EU:

Eurozone jobless falls to lowest since early 2012
(DBN)

____________

PIIGS:

Italy: Parliament introduces amendments to Insolvency Act
(DBN)

Grexit may be better for Greece: Euro architect Greek Polls Suggest Tough Election Test for Alexis Tsipras
(DBN)

____________

Canada:

Insolvency up 10% in Canada in June 2015
(DBN)

Things are getting even uglier in Canada
(DBN)

Canada's Oil-Dependent Alberta Province Projects Record Deficit
(DBN)

____________

China:

China manufacturing sector is losing steam, fast
(DBN)

Don't Confuse China's Slowing Economy With Its Plunging Stock Market
(DBN)

China's Bond-Rating Firms Dole Out Downgrades
(DBN)

3 Major Lessons From China Crisis That Wasn't
(DBN)

How to Handle China’s Slowing Economy
(DBN)

Beijing bumbling is now China’s biggest problem
(DBN)

China is experiencing something worse than a hard landing
(DBN)

China just made a desperate move to get more people to buy houses
(DBN)

____________

India:

SBI says bankruptcy code can't solve all problems for banks
(DBN)

____________

Russia:

Russia's Mechel signs debt restructuring deal
(DBN)

Russia manufacturing PMI falls for 9th month
(DBN)

____________

Brazil:

Brazil court frees DIP loan for OAS under certain conditions
(DBN)

____________

Germany:

German Unemployment Drops as Economy Brushes Off Global Slowdown
(DBN)

____________

Poland:

Poland's manufacturing PMI falls sharply in August
(DBN)

____________

Hungary:

Banks expect 40,000 borrowers to file for personal bankruptcy
(DBN)

____________

Australia:

Is Australia Sliding Into Recession?
(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 reach us at 281-402-3957 or 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 2014