April 4, 2014

The Daily Bankruptcy News

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Law:

Brookstone Bankruptcy Yields Roles for Half-Dozen Firms
(DBN)

Should Zachary Warren Have Hired A Lawyer Sooner?
(DBN)

Move a firm from ‘normal’ to ‘better’ by focusing on clients, getting creative with lawyer training
(DBN)

Business of Law
(DBN)

Does Your Desk Job Hurt? How To Prevent Pain Associated With Sitting
(DBN)

Headhunters. Huh. What Are They Good For?
(DBN)

In Legal Industry First, GLA McKenzie Long & Hugeo Opens Antarctica Office :)
(DBN)

How I Almost Became Another Lawyer Who Killed Himself
(DBN)

Former AG Alberto Gonzales is new law dean at Belmont
(DBN)

Which Law School Just Cut Tuition By 15 Percent?
(DBN)

Everything You Need To Know About iPhone 6
(DBN)

Georgia high school holds its first non-racially segregated prom
(DBN)

This Guy Got Hurt Acting Like A Moron. What Happens Next Will Not Surprise Anyone Reading A Site About Lawyers.
(DBN)

Ft. Hood Gunman Sought Mental Health Treatment --- Boehner Wants Gun Control for Mentally Ill
(DBN)

Appeals court OKs late med-mal suit alleging ‘dead’ woman actually froze to death in hospital morgue
(DBN)

Student Falls To His Death After Eating Pot Legally Purchased In Colorado
(DBN)

Estate dispute caused by ‘E-Z Legal Form’ is a ‘cautionary tale,’ says justice
(DBN)

Worker mistakes woman’s body for April 1 prank, is fired but not criminally charged
(DBN)

Florida Woman Drives Through a CVS
(DBN)

Driver Accidentally Hits Child, Is Brutally Attacked By Witnesses
(DBN)

The heir, the judge and the homeless mom: America's prison bias for the 1%
(DBN)

Say What?!
(DBN)

______________

Judges:

New Maine Bankruptcy Judge Takes Bench
(DBN)

"I Hate You": Rogue court stenographer causes chaos for New York legal system
(DBN)

The Devastating, Sneaky Genius of John Roberts’ Opinions
(DBN)

The John Roberts Project
(DBN)

Man who asked white supremacist to kill judge gets 60 years
(DBN)

DuPont heir’s sentencing judge gets security detail after child rape case makes national news
(DBN)

Courthouse bomb-threat charges result from Wal-Mart surveillance footage of cellphone purchase
(DBN)

"The Romanian Mumble"
(DBN)

Judge: Should a federal trial judge demand to know who is paying the attorney fees?
(DBN)

Supreme Court Justice Sotomayor: 'Sometimes You Have To Do the Unexpected'
(DBN)

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Wall Street:

U.S. Stock -Index Futures Advance Before Payrolls Report
(DBN)

US stocks dip ahead of Friday's March jobs report; Dow ends flat
(DBN)

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Layoffs:

UPS Fires 250 Employees For Staging A 90-Minute Protest To Defend A Coworker
(DBN)

GOP Fails to Add Amendments to Jobless Bill
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Corporate Reform:

Why Is The FBI Scrutinizing Citigroup's Operations In Mexico?
(DBN)

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Autos:

Why victims claims may have died with the 'Old GM'
(DBN)

The Culture of General Motors - Another financial-crisis lesson in the virtues of an honest bankruptcy
(DBN)

What do you recall? - GM is forced to confront its faults
(DBN)

Barra as Change Agent Collides With 32 Years as Daughter of GM
(DBN)

GM Attempted Ludicrous 'Fix' for Defective Ignitions in 2005
(DBN)

GM seeks more help from outside crisis managers
(DBN)

Chiefs at Big Firms Are Often Last to Get Bad News
(DBN)

Watch Jon Stewart Explain How GM's Recall Math Adds Up To 'F--- It!'
(DBN)

GM's Interrogation on the Hill: Mary Barra's Trial by Senate
(DBN)

____________

Apparel:

Ecko Unltd. seeks Chapter 11 bankruptcy protection, citing changing trends, recession effects
(DBN)

____________

Brokers:

Trustee: MF Global Customers to Be Fully Paid Back --- MF Global customers to recoup $6.7 billion as final payout starts
(DBN)

____________

Food/Beverage:

Paula Deen's Savannah Restaurant Closes
(DBN)

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Retailing:

Mall Staple Brookstone Files for Bankruptcy Protection --- Spencer Spirit to buy Brookstone as part of bankruptcy plan --- Enters Chapter 11 to sell equity
(DBN)

Spencer's $147 Million Stock Offer May Have Competition at Bankruptcy Auction
(DBN)

Brookstone Succumbs to the Sharper Image Flu
(DBN)

The real reason Brookstone filed for bankruptcy
(DBN)

Epiq Aids Brookstone in Bankruptcy , Sale
(DBN)

Barnes & Noble investor cutting stake
(DBN)

Walmart and food stamps: The conglomerate donates billions to anti-hunger charities and lobbies hard for SNAP
(DBN)

____________

Banking:

How Dodd-Frank impacts creditors of bankrupt banks
(DBN)

____________

Economy:

U.S. Trade Deficit Worsens In February, Spurring Downshift in GDP Projections
(DBN)

The Jobs Report Could Be An Absolute Beast
(DBN)

New Jobless Claims Jump
(DBN)

Fed Board Member Stein Announces Resignation --- Taper advocate to leave the Fed
(DBN)

Jobless claims rise, but remain low heading into Friday's jobs report
(DBN)

Fewer Americans Identify As Middle Class Following The Great Recession
(DBN)

Why Don't the 1 Percent Feel Rich?
(DBN)

Service firms grow more quickly, hire more
(DBN)

Report says blacks, Latinos losing economic ground
(DBN)

How the Rich and Poor Spend Money Today—and 30 Years Ago
(DBN)

Billionaires’ crybaby club: Someone get these whiners a bottle!
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

Mortgage Rates in the US Increase Slightly
(DBN)

Did the foreclosure rate really get cut in half?
(DBN)

Report Finds That Nationwide Foreclosure Inventory is 35% Down YTY
(DBN)

Government Profits From Continued Control Of Fannie And Freddie
(DBN)

____________

Municipalities:

Detroit Manager Says City May Exit Bankruptcy by October
(DBN)

Detroit bankruptcy plan calls for revitalizing Detroit city airport
(DBN)

Detroit Creditor Seeks Reams of Museum's Art Records
(DBN)

Detroit bankruptcy judge sets swaps ruling for April 11
(DBN)

Live Tweeting: Orr says he wants Detroit bankruptcy settled by Oct. 15
(DBN)

Live blog: Detroit 'swaps' deal hearing
(DBN)

Another interpretation of Detroit’s EM era
(DBN)

Orr sets record straight on stalled water talks --- Oakland County seeks alternatives to 'monopolistic' Detroit water and sewer
(DBN)

The death of a great American city: why does anyone still live in Detroit?
(DBN)

Can Another Detroit -Style Pension Crisis Be Avoided?
(DBN)

Fitch: North Las Vegas Could Become Insolvent
(DBN)

Puerto Rico and Beyond: An Analysis Of The Municipal Debt Of U.S. Territories
(DBN)

____________

Healthcare:

North Adams Regional Hospital files for bankruptcy liquidation, but work to reopen ER continues
(DBN)

Northern Berkshire Healthcare Files Chapter 7 Bankruptcy
(DBN)

The States With the Most Expensive Health Insurance
(DBN)

Ted Cruz Facebook poll on Obamacare doesn’t go according to plan
(DBN)

____________

Currency:

Bankruptcy Judge Really Wants To Meet Mark Karpelès
(DBN)

____________

Awards:

Brown Rudnick Honored with "IFLR Americas Award" in Restructuring
(DBN)

____________

Alternative Energy:

After Fisker Debacle, Obama Revives Stalled Green Car Loan Program
(DBN)

Suzlon Acquires Illinois Wind Farm From Bankrupt EME
(DBN)

____________

Gambling:

Casinos Close as Revenue Falls in Gambling-Saturated U.S.
(DBN)

____________

Aviation:

After record profits, Southwest wants to make 40% of its workers part-time
(DBN)

Flying to Become Even More of a Nightmare
(DBN)

____________

Religion:

Bankruptcy for Twin Cities Archdiocese considered
(DBN)

____________

Environmental:

Anadarko Pays Billions in Settling Kerr-McGee/Tronox Toxins Case
(DBN)

Largest Environmental Bankruptcy Settlement Ever Announced by Anadarko Petroleum
(DBN)

____________

Auto Racing:

Engström Motorsport faces bankruptcy for a third time
(DBN)

____________

Fashion:

Ecko Licensee Files for Bankruptcy Protection
(DBN)

____________

Staffing:

Business Lessons Learned
(DBN)

____________

Television:

Astros file another appeal in CSN Houston case
(DBN)

Houston sports television deal harmful to fans
(DBN)

____________

Shipping:

Genco admits bankruptcy plan
(DBN)

____________

Credit Cards:

BofA Close to Credit Card Settlement
(DBN)

____________

New Bankruptcy Opinions
(4 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (34 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (23 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:

Chapter 11 Caseload Up 26 Percent in March from February
(DBN)

First Quarter Bankruptcy Filings Fall 12 Percent from 2013, Commercial Filings Drop 22 Percent
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

_____________

Avoidance Actions:

Anadarko Settles Kerr-McGee Cleanup for $5.15 Billion --- Anadarko Reaches $5.15 Bln Settlement On Pollution Claims --- Anadarko Erases 'Silkwood' Uncertainty With $5 Billion Tronox Settlement
(DBN)

Statement by Tronox
(DBN)

"This is the best move Al Walker has ever made"
(DBN)

Why Anadarko Petroleum Corp. Stock Hit an All-Time High
(DBN)

____________

Trustees:

No Trust? Time for a Trustee
(DBN)

____________

Bankruptcy Reform:

Symposium On Ch. 11 Reform:

Creditor Conflict and the Efficiency of the Corporate Reorganization Process
(DBN)

The Value of Soft Assets in Corporate Reorganizations
(DBN)

Statutory Erosion of Secured Creditors' Rights: Some Insights from the U.K.
(DBN)

Judicial Oversight of Financing in Detroit's Restructuring and Beyond
(DBN)

The Logic and Limits of Liens
(DBN)

An Empirical Investigation of Leases and Executory Contracts
(DBN)

Default Penalties in Chapter 11
(DBN)

When Does Some Federal Interest Require a Different Result? The Use and Misuse of Butner v. United States
(DBN)

What Is a Lien? Lessons from Municipal Bankruptcy
(DBN)

Derivatives and Collateral: Balancing Remedies and Systemic Risk
(DBN)

Rules of Thumb for Intercreditor Agreements
(DBN)

The (Il?) legitimacy of Bankruptcies for the Benefit of Secured Creditors
(DBN)

The Bankruptcy Clause, the Fifth Amendment, and the Limited Rights of Secured Creditors in Bankruptcy
(DBN)

Priority in Going-Concern Surplus
(DBN)

The Board's Duty to Keep Its Options Open
(DBN)

The Role of Secured Credit in Chapter 11 Cases: An Empirical View
(DBN)

____________

Plan Confirmation:

Del. Bankruptcy Court Approves Electronic Balloting Procedures
(DBN)

____________

Newspapers:

Advance strikes again, axing 167 jobs at The Star-Ledger, reducing newsroom staff by 40
(DBN)

____________

Personal Finance:

Why Women Are Weirder About Money Than Men
(DBN)

____________

Fraud:

Trustee Seeks To Expand The Scope Of Petters Clawbacks
(DBN)

Seattle Woman Rejects Plea Agreement, Pleads Guilty To All 110 Counts For $126 Million Payday Loan Ponzi Scheme
(DBN)

Prominent Law Firm Pays $4.25 Million To Settle Ponzi Claims
(DBN)

____________

EU:

 Restructuring & Corporate Recovery Update - April 2014
(DBN)

From the Dept. of Irony: Russian Banks Lead Europe In Takeovers
(DBN)

Draghi talks QE, but counts on Easter Bunny --- Draghi Seen Forging Different QE Path From Fed
(DBN)

This is How Mario Draghi Does a Putdown
(DBN)

What ‘Mr Grexit’ Did Next
(DBN)

____________

PIIGS:

El-Erian: Caution optimism about Greece's return to capital markets --- Greece plans April bond market comeback from default-sources
(DBN)

ie: Insolvency Service reports significant rise in bankruptcies --- ie: Insolvency service admits slow start of four write-downs
(DBN)

Spain's Five-Year Yield Drops Below America's on ECB Speculation
(DBN)

____________

Mexico:

Feds probe Citigroup over $400M fraud involving Banamex
(DBN)

____________

China:

Paying for the grey - As a pensions crisis looms, China looks at raising the retirement age
(DBN)

Hong Kong investors at a disadvantage when firms with assets in China go bankrupt
(DBN)

____________

Ukraine:

Russia hikes gas prices for Ukraine by 80 percent --- McDonald's Closes Crimea Branches Due to 'Reasons Beyond Our Control'
(DBN)

____________

Australia:

Federal Government begins charging for bankruptcy applications
(DBN)

____________

MENA:

Syria's Economy to Take 30 Years to Recover
(DBN)

____________

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