September 2, 2015

The Daily Bankruptcy News

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Law:

Rising Rates Push Up Against Demand
(DBN)

Lawyer In Visa-MasterCard Antitrust Pact Got Confidential Information From Rival
(DBN)

Dewey Defense Loses Bid to Toss Fraud Case
(DBN)

The Billable Hour’s Slow Demise
(DBN)

Survey Reveals How Law Firms Spend on Tech
(DBN)

Blogging is big with BigLaw firms
(DBN)

Bankruptcy attorney sentenced to 4 months in prison for wire fraud
(DBN)

2015 Legal Rebels
(DBN)

Roundtable on change and challenge in the business of law
(DBN)

The Rise of the Megafirm
(DBN)

EEOC: Female law profs at the University of Denver are underpaid, violating the Equal Pay Act Law School Slammed By EEOC For Discriminating Against Female Professors — Potential $1.2 Million In Damages
(DBN)

West Point law prof resigns after arguing pacifist legal scholars could be attacked by military
(DBN)

Barack Obama might head back to Columbia University after his term—possibly as a professor
(DBN)

The (Mostly Liberal) Political Ideologies Of American Lawyers, Law Schools, And Firms
(DBN)

Only Scott Turow Can Get Away With Something Like This
(DBN)

Which materials do lawyers have to turn over to ex-clients? ABA committee cites 1977 opinion
(DBN)

Short sleepers are four times more likely to catch a cold: Researchers connect sleep loss to higher rates of illness
(DBN)

Kentucky clerk defies Supreme Court, denies marriage licenses to same-sex couples ‘under God’s authority’ Couples ask judge to hold Rowan Co. clerk in contempt Federal judge orders Kentucky clerk and her staff to court Kentucky Clerk Faces Potential Fines, Jail Time for Defiance
(DBN)

Video appears to show deputies fatally shooting man who had his hands in air; DA has second video Texas police bash ‘unethical’ news station for airing video of cops killing unarmed suspect Texas police are scrambling to order more body cameras after deputies shoot a man who may have been surrendering
(DBN)

Manhunt Underway After Suburban Chicago Cop Shot, Killed During Traffic Stop
(DBN)

Man and woman given 100 lashes in public for adultery
(DBN)

Women Accused Of Running 'Fight Club' For Kids Ages 4-6 At Daycare
(DBN)

Lawyer is charged with r----- client
(DBN)

Lawyerly Lairs Litigation: Big-Time Journalist v. Biglaw Partner
(DBN)

Lawyer gets 4 months for stealing from law firm, is ordered to pay $160K
(DBN)

Jealous Maryland man takes ‘fire selfies’ after burning down romantic rival’s house: police
(DBN)

Teen charged for impersonating policeman after trying to pull over a real cop
(DBN)

Associated Press Sues FBI Over Fake News
(DBN)

Murder rate is way up in dozens of US cities, but why?
(DBN)

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Judges:

Judge denies asking bailiff to handcuff pregnant prosecutor to keep her in court for trial
(DBN)

Benchslap All-Star Survives Perjury Prosecution
(DBN)

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Wall Street:

Dow futures jump almost 100 points as US stocks look set for rebound
(DBN)

Wall St. falls hard as weak China data stokes fears Wall Street braces for stormy Sept.: Dow plunges more than 400 points
(DBN)

S&P 500 may fall further 10-15%: Nomura's Janjuah
(DBN)

Morgan Stanley cuts S&P 500 price target
(DBN)

This safe-haven sector could be set to 'collapse'
(DBN)

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Layoffs:

ConocoPhillips, Penn West cut over 900 oil and gas jobs
(DBN)

Target lays off 235 in Twin Cities tech operations
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Retailing:

Radioshack Creditors Claim Pre- Bankruptcy Shenanigans Go Back To Early 2014
(DBN)

Plus Size Retailer Avenue Is In Trouble, They’re Going To Be Sold Again
(DBN)

Upside over for Best Buy?
(DBN)

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Religion:

St. Paul archdiocese parishes ask to see abuse claims
(DBN)

Minnesota Abuse Victims Seek to Restrict Access to Claims
(DBN)

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Amusement Parks:

Judge gives Conneaut Lake Park two weeks to revise bankruptcy statement
(DBN)

Bankruptcy judge urges Conneaut Lake creditors, trustees to make a deal
(DBN)

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Student Debt:

Thousands of graduates of a bankrupt college who still owe billions in loans finally got some good news
(DBN)

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Gambling:

Caesars bankrupt division reports $29.1 million profit in July
(DBN)

Interested buyers emerge for Stockton's Showboat property
(DBN)

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Coal:

Coal play: Virginia environmentalist follows Soros, buys into beleaguered fossil fuel
(DBN)

Will Arch Coal Succeed in Avoiding Bankruptcy ?
(DBN)

Coal's Worst Days Behind It
(DBN)

Judge urges coal company, union back to bargaining table
(DBN)

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Economy:

US factory activity slows; construction spending up solidly US manufacturers grow at slowest pace in two years
(DBN)

Top Fed official: ‘Good reason to believe’ inflation will rise
(DBN)

Heading for a filibuster Christmas?
(DBN)

It's Quantitative Tightening as $12 Trillion in Reserves Fall
(DBN)

Report: More than half of immigrants on welfare
(DBN)

The surging ranks of America's ultrapoor
(DBN)

China manufacturing contracts, euro zone and US slows China fears hit stocks and oil, boost volatility IMF: Markets Should Brace for China Problems
(DBN)

Nation With Crumbling Bridges and Roads Excited to Build Giant Wall
(DBN)

US Debt Clock
(DBN

Economic Indicators Dashboard
(DBN)

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Real Estate:

CoreLogic: House Prices up 6.9% Year-over-year in July
(DBN)

US construction spending rises to seven-year high
(DBN)

Mortgage applications soar 11.3% on brief rate dip
(DBN)

Zillow: Mortgage access remains a barrier to potential buyers
(DBN)

____________

Municipalities:

Puerto Rico, the Fed & the Book of Leviticus
(DBN)

Puerto Rico's PREPA, bondholders have framework for deal -sources
(DBN)

Puerto Rico stakeholders skeptical that Erika was to blame for recovery plan delay
(DBN)

Puerto Rico Said Preparing for Development Bank Talks With Bondholders
(DBN)

Puerto Rico Electric Power Authority and creditors inch toward agreement
(DBN)

Pennsylvania school district faces bankruptcy amid budget deficit
(DBN)

Detroit: Tying Water Bills to One's Income?
(DBN)

Central Coventry Fire: Judge says high court might have to settle tax-hike issue in bankruptcy plan
(DBN)

____________

Oil/Gas:

Brent back below $50 as oil prices keep sliding
(DBN)

Energy sector off more than 3%, biggest S&P 500 loser Oil falls as much as 8% on weak Chinese data Slowdown in Chinese manufacturing erases crude’s gains What happened to oil's bounce?
(DBN)

World’s Top Oil Trader Vitol Sees Price at $40-60 to ’16
(DBN)

ConocoPhillips to cut 10 percent of global workforce Cumulative job cuts at ConocoPhillips to approach 15 pct
(DBN)

Canada’s Penn West to cut workforce 35 percent, slash spending
(DBN)

W&T Offshore to sell Permian assets for $376 million
(DBN)

Aker Solutions Sheds Up to 500 Jobs Amid Downturn
(DBN)

Alfaro pitching oil and gas investments again
(DBN)

Russia's Rosneft Says Can Weather Oil at $40 per Barrel
(DBN)

Productivity Gains Prevent Collapse Of U.S Light Tight Oil Production
(DBN)

Saudi Stocks Cap Worst Month in Seven Years as Oil Resumes Slide Saudi Arabia refuses to bow to pressure to cut oil production
(DBN)

Dallas Fed: "Texas Manufacturing Activity Holds Steady, but Outlooks Deteriorate"
(DBN)

Buckingham Oil Interests Inc. files for bankruptcy
(DBN)

Texas edges out North Dakota in this oil list
(DBN)

____________

Politics:

Trump's Independent Wealth Is a Plus for Many Voters Trump upends GOP message on economy
(DBN)

Why Jeb Bush Is Taking a Right Hook to Donald Trump Trump vs Bush: The gloves are now off Jeb Bush, Donald Trump Get Antisocial on Social Media
(DBN)

How the season of Trump changed Scott Walker 10 questions with Scott Walker
(DBN)

Rubio to to Attend Campaign Event in Puerto Rico on Friday
(DBN)

Clinton Emails: 'How's Our Friend Martin Doing?' Emails From Clinton's Secretary Days Hint at Her Presidential Bid Clinton Sent Emails Now Ruled Classified
(DBN)

How Joe Biden could run a different kind of middle-class campaign
(DBN)

CNN changes debate rules after Fiorina outcry
(DBN)

Survey: Many Government Employees Use Personal Email for Work
(DBN)

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Pensions:

Feds take control of Standard Register pension plan
(DBN)

Market Tumble Causes Pension Roller Coaster
(DBN)

____________

Mining:

Chinese, Japanese buyers reportedly interested in Molycorp's assets
(DBN)

____________

Debt Collection:

Medical debt collectors up in arms over FCC ruling
(DBN)

____________

Taxis:

Judge gives Uber drivers class action status Uber Driver Lawsuit Just Got a Lot Bigger
(DBN)

____________

Aviation:

Republic Squeeze Worsens as Pilot Union Lets Local Skip Vote
(DBN)

For Airlines And Agents, A Reversal of Fortunes
(DBN)

____________

Defaults:

Loan default rates climb in August amid weakness in Energy sector
(DBN)

U.S. speculative-grade corporate default rate hits two-year high
(DBN)

____________

Personal Finance:

The do’s and don’ts of good credit for Millennials
(DBN)

____________

 


New Bankruptcy Opinions
(10 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (25 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (29 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)

______________

Bankruptcy Statistics:

Western New York bankruptcy filings drop 8.8 percent
(DBN)

Distressed Company Watch List
(DBN)

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Automatic Stay:

Judge Silverstein's First Published Opinion - Scarborough-St. James Corporation
(DBN)

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Professional Compensation:

Delaware Takes on Baker Botts v. ASARCO & Fee-Defense Costs
(DBN)

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Avoidance Actions:

Actions Speak as Loudly as Words in Deprizio Waivers
(DBN)

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Impairment:

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 II]
(DBN)

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Litigation:

Good headings show you've thought out your arguments well in advance
(DBN)

How clients' backgrounds may shed light on their motivation for litigation
(DBN)

Crowdfunding can be a great way to finance your case--or destroy it
(DBN)

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Food/Beverage:

Judge recommends increase in severance payments for A&P workers
(DBN)

Judge lets A&P limit seniority bumping; unions granted higher severance
(DBN)

A&P looks to spend hourly severance savings on executives
(DBN)

Mixed results for A&P, unions in judge's ruling, report says
(DBN)

Lemonis Relinquishes Crumbs Stake to Dippin’ Dots Owner
(DBN)

Organic food company files for bankruptcy
(DBN)

____________

Nutritional Supplements:

Bodybuilding Supplement Maker Sues Mr. Olympia Contest
(DBN)

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Healthcare:

Hutcheson Medical Center trying to sell clinic to Dade County
(DBN)

U.S. Trustee Asked Bankruptcy Court To Stop "Fire Sale" Of Hutcheson Medical Center Clinic
(DBN)

Hutcheson Medical Center Unsecured Creditors Committee Asks Trustee Be Appointed For Fort Oglethorpe Hospital; Asks Bankruptcy Not Be Dismissed
(DBN)

Children's Hospital says money not meant for rent
(DBN)

____________

Corporate Reform:

UBS just settled with a hedge fund over deals its staff called 'crap' and 'vomit'
(DBN)

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Sovereigns:

'Vulture funds now have less fire power'
(DBN)

____________

PIIGS:

Bank of Portugal turns to second bidder for Novo Banco
(DBN)

In Italy, a renaissance beckons for distressed deals after years of stagnation
(DBN)

____________

Canada:

Canada arguably in recession after 2nd straight GDP decline Canada PM Harper says it's a bump, not recession
(DBN)

Canada Illustrates Plight of Rich but Resource-Dependent Countries
(DBN)

Penn West cuts 400 jobs, mostly in Calgary
(DBN)

____________

Croatia:

New Bankruptcy Law Takes Effect in Croatia
(DBN)

____________

Russia:

Russia's Mechel Turns to Bondholders After $2 Billion Loan Deal
(DBN)

____________

China:

China fooled the world, and now comes the Great Unwinding
(DBN)

____________

Argentina:

Argentina Tells HSBC to Remove Executives in Tax Evasion Dispute Central Bank ousts local HSBC president
(DBN)

____________

Australia:

Australia has slowest quarterly growth in 4 years Australia second-quarter economic growth hits lowest in two years
(DBN)

____________

China:

Moody's raises red flag over China's public finances
(DBN)

China's weird policy messages leave investors confused
(DBN)

____________

India:

Why government should institute a bankruptcy code, besides lower rates
(DBN)

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