April 14, 2014

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

Law:

Law Firm Entry-Level Hiring Unlikely to Return to 2006 Levels
(DBN)

Layoff Watch: A Double-Digit Dump
(DBN)

Law Firms Continue to Merge Despite Previous Missteps
(DBN)

Survey Says: The Class Of 2011 Is Screwed, Forever
(DBN)

How Many Law Students Will Graduate in 2017 & 2018?
(DBN)

How Businesses Can Get Office For iPad On The Cheap
(DBN)

DLA Piper to Charge Up to $1,120 an Hour in Casino Bankruptcy
(DBN)

Dewey – Prosecuting The Victims
(DBN)

47: That's How Many Law Firms a Typical Company Uses
(DBN)

Top Law School Offers Graduation Tickets To LLMs First — All Hell Breaks Loose
(DBN)

Law student jailed for dealing crack cocaine
(DBN)

How To Spend Your Summer Before Applying To Law School
(DBN)

Fly-Over Country: Don't rule that out in entry-level, lateral job search
(DBN)

Organize Dissent
(DBN)

Ten Things Every Lawyer Should Know About Heartbleed
(DBN)

Men Not as Ethical as Women, Lessons for Attorneys in Ethics
(DBN)

Law School Rankings: Grads With Bar Passage-Required or J.D.-Advantage Jobs
(DBN)

Nevada Cattle Rancher Wins 'Range War' With Federal Government --- Armed crowd mobilizes to free cattle --- Cows With Guns :) --- Confiscated Cattle to be Released
(DBN)

Man Sentenced To Hold 'I Am A Bully' Sign After Harassing A Neighbor And Her Disabled Children For Years
(DBN)

Sharpton Pal Dishes On Coke Deal
(DBN)

Akin, Milbank Help Broker Big Matzo Swap
(DBN)

Suit: Casino claims gambler cheated; won $9.6m
(DBN)

FEDEX semi didn't brake before California crash
(DBN)

Report: Obama Let The NSA Exploit Heartbleed For National Security Purposes
(DBN)

Taxpayers held responsible for parents’ debts due to single sentence in farm bill
(DBN)

An uptick in service animals on airplanes is sparking controversy
(DBN)

Judge orders AIG to pay $7M to injured lawyer over insurer’s bad-faith conduct in accident case
(DBN)

One in Custody, Three Dead After Shootings at Kansas Jewish Facilities --- Jewish centre 'killer' yelled 'heil Hitler' as he shot victims --- White supremacist
(DBN)

11 Red Flags Cops Look For When They Pull You Over
(DBN)

People In Los Angeles Take Group Photo As Man Considers Suicide On A Freeway Overpass
(DBN)

______________

Judges:

Hon. Jean FitzSimon Receives the 2014 Jean Allard Glass Cutter Award
(DBN)

Respirators will be worn by judge, court staff and attendees at hearing in tuberculosis case
(DBN)

Courthouse security workers face charges over security-screening thefts
(DBN)

A beautiful book for the briefcase
(DBN)

______________

Wall Street:

U.S. Stock -Index Futures Little Changed Before Earnings
(DBN)

Markets Are Lower
(DBN)

Why The Big Selloff Could Have Way More To Go
(DBN)

Nasdaq Falls Below 4000 In Rough Week for Stocks
(DBN)

The Big Hedge Fund Unwind: Here's What's Driving The Brutal NASDAQ Selloff
(DBN)

Report: SEC Planning 'Purge' Of High-Frequency Traders
(DBN)

______________

Layoffs:

Report: Citi Cutting 200-300 Jobs
(DBN)

Bankrupt Companies and their Employees: Conscious Uncoupling
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Apparel:

Jones To Proceed With Purchase Of Hardwick Clothes
(DBN)

____________

Retailing:

Coldwater Creek to Honor Gift Cards
(DBN)

Coldwater Creek to Close all 365 Stores by Early Summer
(DBN)

Why Isn't Normcore Saving Coldwater Creek from Bankruptcy ?
(DBN)

Toys ‘R’ Us Leveraged Like ’05 as Loss Mounts
(DBN)

Sell-off, questions dog Sears Holdings
(DBN)

Al Lewis says beware of financier Eddie Lampert's latest Lands' End move
(DBN)

____________

Healthcare:

Pondering Palm Drive Hospital's future --- Palm Drive accepts emergency loan, seeks 'reimagine' proposals
(DBN)

Saint Francis Hospital's new name revealed
(DBN)

NARH emergency service restoration takes center stage
(DBN)

New studies show many Americans still struggling with medical debt
(DBN)

Everything that’s wrong with our drug pricing system
(DBN)

____________

Gambling:

After losing ground to California tribes, Reno casinos regroup
(DBN)

____________

Currency:

Bankrupt Mt. Gox gets revival offer from investor group
(DBN)

Bitcoin bound for ‘guns and gold crowd’
(DBN)

____________

Telecoms:

LightSquared confronted by near bankruptcy, adds more loans valued USD74 million
(DBN)

____________

Debt Collection:

Florida Says No Turnover Orders Against Foreign Assets In Sargent
(DBN)

____________

Economy:

Preliminary April Consumer Sentiment increases to 82.6
(DBN)

Q1 Review: Ten Economic Questions for 2014
(DBN)

The IMF Is Sleepwalking Into Another Global Economic Catastrophe
(DBN)

High fees eroding many 401(k) retirement accounts
(DBN)

Your taxes are really low
(DBN)

Beef Prices Highest Since 1987
(DBN)

Robert Shiller Actually Has A Solution For Exploding US Inequality
(DBN)

The most important fact we rarely admit in talking about segregation and poverty
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

Update: The Mortgage Debt Forgiveness Tax Break
(DBN)

JP Morgan Losing Money on Every Mortgage
(DBN)

FNC: Residential Property Values increased 9.0% year-over-year in February
(DBN)

Tough times triggered reordering of list of top Las Vegas builders
(DBN)

Leader of bankrupt Miss. mortgage company indicted
(DBN)

Zelman still Bullish on New Home Sales, Cuts forecast for Existing Home Sales
(DBN)

___________

Municipalities:

Updated plans for Detroit bankruptcy to be filed today
(DBN)

Detroit's settlement with banks approved --- Swaps deal reasonable for city --- Detroit closer to exiting bankruptcy --- Detroit's $85 Million Swaps Fight Hints at Tough Battle
(DBN)

Orr hopes to steer Motown out of the blues
(DBN)

Unions: Detroit bankruptcy plan puts art above people --- You can’t have the art --- Bidders Are Clamoring for Detroit's Artwork, But the City Isn't Selling --- Detroit bankruptcy case, bondholders and the future of the DIA
(DBN)

Market rise could help restore city pension cuts
(DBN)

Amid crisis, Detroit urged to outsource more
(DBN)

Wayne County requests mediator in regional water talks --- Macomb County executive wants Detroit mayor, not emergency manager in water department talks
(DBN)

Rigid rules possible under proposed Act 47 revision --- Proposed changes to Pa. distressed-city law aired
(DBN)

Puerto Rico bonds sink as commonwealth hires restructuring experts
(DBN)

Rhode Island default on 38 Studios debt a real threat
(DBN)

Proposals in Harrisburg fail to reflect reality
(DBN)

____________

Tax:

Chance Of IRS Audit Is The Lowest In Years
(DBN)

Can government seize your tax refund to pay relative's debt?
(DBN)

After Contempt Votes, What’s Next for Lois Lerner?
(DBN)

The Tough, The Sweet and the Nosy
(DBN)

____________

Autos:

The Smoking Gun Memo In The GM Recall Crisis --- Some at GM Brass Told of Cobalt Woe --- Sidelined GM Engineer Signed Off on Ignition Work-Around --- What's Done in the Dark --- The Story Just Keeps Getting Worse --- GM slow to act on recalls, House documents show --- Ga. parents: GM knew of defect in daughter's car
(DBN)

General Motors Dilemma May Leave Scar on Bankruptcy Law
(DBN)

GM Records Show Co-Workers Stymied In-House Investigator
(DBN)

Bad blood cited between GM, ignition switch supplier Delphi
(DBN)

Most deaths in recalled GM cars happened before 2009 bankruptcy
(DBN)

Are cost-squeezing days over at the post-bankruptcy 'new GM'?
(DBN)

Lines blur between old, new GM
(DBN)

Pa. Senator to DOJ: GM Needs to Compensate Recall Victims
(DBN)

Here Are The Greatest Hits Of The Legendary Car Design Group That Just Went Bankrupt
(DBN)

Canceled dealerships ruling keeps Chrysler case in the courts
(DBN)

____________

Agriculture:

Desperate Californian Farmers Are Drilling For Water Like Never Before
(DBN)

____________

Celebs:

The Broke and the Beautiful: Twins Edition
(DBN)

Near Bankrupt Tori Spelling Divorce: Cheating Dean McDermott Confirms Affair on New Show
(DBN)

Not So Fast! Joe Giudice Still Owes Ex-Business Partner $260,000
(DBN)

Quaid Sues Bail Bond Firm That Got Him Out
(DBN)

____________

Tech:

ReconRobotics creditors seeking Chapter 11 bankruptcy
(DBN)

____________

Compensation:

The Pay at the Top
(DBN)

Jamie Dimon got a huge pay cut. Or a huge raise. It’s hard to tell.
(DBN)

____________

Metals:

Alcoa Cut to Junk by Fitch
(DBN)

____________

Electricity:

Mach Gen to Eliminate $1 Billion in Debt in Bankruptcy Exit
(DBN)

____________

Religion:

Deadline to file claims against Gallup diocese
(DBN)

Pope Apologizes for Sexual Abuse by Priests
(DBN)

____________

Alternative Energy:

McKinsey: Solar PV is disruptive and world-changing
(DBN)

____________

Silicone:

Momentive Performance Materials files for bankruptcy
(DBN)

____________

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 (54 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (42 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:

Interactive Bankruptcy Statistics Map
(DBN)

______________

Miscellaneous:

The Week Ahead
(DBN)

____________

Executory Contracts:

All or Nothing: Delaware Bankruptcy Court Decision in Physiotherapy Holdings Addresses Contract "Integration" for Purposes of Assumption Under Section 365(a)
(DBN)

____________

Plan Confirmation:

Debt Fund Enjoined From Voting on Chapter 11 Plan Because It Is Not a "Financial Institution" Under Assignment Eligibility Clause of Loan Agreement
(DBN)

____________

Sales:

Peanut Butter Maker Takes More Bread in 363 Sale, Leaves Winning Bidder in a Jam
(DBN)

____________

Banking:

Allentown's National Penn Bank bids for Baltimore bank
(DBN)

Unofficial Problem Bank list declines to 530 Institutions
(DBN)

____________

Bankruptcy Crimes:

Federal court filings detail allegations against John Wiley Price
(DBN)

MS: Man indicted, accused of bankruptcy fraud
(DBN)

Warren County woman accused of bankruptcy fraud
(DBN)

____________

Fraud:

DBSI Judge Confronts FBI Agent’s Tragic Death During Trial
(DBN)

The Wall Street second-chances rule: scandal makes the rich grow stronger
(DBN)

More Rothstein Fallout, Kim Rothstein's Jeweler Sentenced
(DBN)

____________

Corporate Reform:

CFPB’s upcoming agenda
(DBN)

____________

Mass Torts:

Insurer, Bondex want to use sealed evidence of asbestos attorneys’ misrepresentations
(DBN)

Insurers Join in Efforts to Unseal Asbestos 'Misrepresentation'
(DBN)

___________

Television:

No resolution comes from mediation session between Astros, Comcast and Rockets
(DBN)

____________

Pensions:

Thought Secure, Pooled Pensions Teeter and Fall
(DBN)

____________

Student Debt:

Sen. Warren Proposes Allowing Student-Loan Borrowers to Refinance Debt
(DBN)

Elizabeth Warren decries US college loan profits
(DBN)

Who Is Responsible for the Student Loans After Divorce?
(DBN)

____________

UK:

Co-operative Group to reveal £2bn-£2.5bn pre-tax loss
(DBN)

Tax lie-ability company written-off after Insolvency Service investigation
(DBN)

Late payment causes a fifth of insolvencies
(DBN)

Punch Taverns brings in independent restructuring specialist
(DBN)

Travel agency insolvencies soar as buyers book for themselves
(DBN)

____________

EU:

ECB Pioneer Confronts Too-Big-to-Fail Banks With Newly Won Clout
(DBN)

Europe's top banks cut 80,000 more staff in post-crisis overhaul
(DBN)

Mario Draghi hedges on ECB's stimulus options --- A stronger euro would trigger looser ECB policy – Draghi
(DBN)

The EU-US love-hate relationship
(DBN)

NeXovation files EU complaint over sale of Nuerburgring
(DBN)

Why QE Won't Work As Well In Europe As It Does In The United States
(DBN)

Euro zone's February output suggests gradual recovery strengthening
(DBN)

____________

PIIGS:

Greek coalition eyes exit from crisis after issuing bond --- 'Great Stretch' to secure Greek debt return --- Greek yields rise as market comeback euphoria fades
(DBN)

____________

Canada:

Montreal Judge Awards Bixi Bike-Share Assets to Montreal Furniture Mogul
(DBN)

____________

Ukraine:

Pro-Russian Protests Spread in Ukraine --- Russia Accuses Ukraine Of Reckless Aggression, In Breathtaking Propaganda --- Ukraine calls emergency meeting of national security council --- Armed men seize police station in eastern region --- Ukraine to Mobilize Military After Deadly Clashes in East With Pro-Russian Forces --- Russia's Strategy In Eastern Ukraine Will Be Very Hard To Stop --- Europe closer to brink of 'gas war'
(DBN)

____________

Brazil:

Regulators accuse Batista of insider trading
(DBN)

____________

The Daily Bankruptcy News is primarily a curated news link gathering service.   This means that 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 $58/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