December 17, 2014

The Daily Bankruptcy News

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Law:

O'Melveney Names New Bankruptcy Partner
(DBN)

Law School Enrollment Continues Historic Decline --- 1L enrollment drops nearly 30 percent from 2010 high; when were figures last so low?
(DBN)

Law Firms’ Profit Projected to Grow by 5% in 2015
(DBN)

Beyond Biglaw: A Superstar League
(DBN)

Associate Bonus Watch: Which Biglaw Firm Is Shortchanging Its Associates?
(DBN)

Associate Bonus Watch: Gibson Dunn New York Bucks West Coast, Matches DPW
(DBN)

Associate Bonus Watch: 4 Firms Follow Davis Polk
(DBN)

What It’s Like To Be A Solo In-House Lawyer
(DBN)

Boies, Schiller & Flexner Elects New Partners
(DBN)

‘Brilliant’ Young Litigator Katrina Dawson Killed in Sydney Siege
(DBN)

Law prof, attorneys and students protest in rain at Los Angeles courthouse
(DBN)

10 Secret Features Hidden In Your Mac
(DBN)

10 Morning Rituals That Will Improve Any Guy's Appearance
(DBN)

A Surprisingly Large Number Of Americans Think Torture Is Justified
(DBN)

Lawyer and cafe manager killed in Sydney hostage siege hailed as heroes; why wasn’t suspect in jail?
(DBN)

Say What?!
(DBN)

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Judges:

Senate may confirm up to 88 federal judges in '14
(DBN)

Purported bankruptcy survey is a virus, federal appeals court warns electronic filers
(DBN)

Former judge is convicted for conspiring to plant meth under car of his accuser in ethics probe
(DBN)

Scalia, Kagan: Common ground often trumps ideology
(DBN)

Judge Benchslaps O’Melveny With Rolled Up Newspaper
(DBN)

Judge Declares Obama’s Immigration Overhaul Unconstitutional
(DBN)

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Wall Street:

US stocks : Futures higher; focus on inflation, Fed
(DBN)

Stocks close at day's lows; hit by Fed uncertainty
(DBN)

Jefferies Group woes keep on building --- Trading Plunge at Jefferies Seen as Bad Sign for Wall Street


(DBN)

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Layoffs:

Layoffs begin today at The New York Times
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Personal Finance:

12 Ways A New Job Could Cost You Money
(DBN)

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Retailing:

RadioShack Replaces Finance Chief Again - Struggling Electronics Chain Hires FTI Consulting, Warns Again of Possible Bankruptcy
(DBN)

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Gambling:

Taj Mahal owner begs Carl Icahn to save casino in last ditch effort
(DBN)

CEO asks Icahn to keep Taj Mahal open
(DBN)

As Caesars moves closer to a bankruptcy filing, impact on Horseshoe Casino looms
(DBN)

Caesars skips bond payment as default looms
(DBN)

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Fraud:

Dividing TelexFree assets a knotty task
(DBN)

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Telecoms:

LightSquared Has Now Lost $1.8 Billion Since 2012 Chapter 11 Filing
(DBN)

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Shipping:

Reports: OW Bunker, Altor Colluded to Hide Speculation at Collapsed Fuel Trader
(DBN)

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Furniture:

United wins bidding war for Furniture Brands plan
(DBN)

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Healthcare:

Nursing Home Owners May Be Liable for Fraud, Judge Says --- Judge issues ruling in $1 billion nursing home case, says IL governor's firm not responsible
(DBN)

American Laser Skincare Customers Not Feeling Pretty
(DBN)

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Politics:

Hillary Clinton quiet as Elizabeth Warren rises --- Warren could win the White House --- Fox host: 'Without question, Elizabeth Warren is the devil'
(DBN)

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Economy:

Yellen's Fed Cavalry Low on Ammo as World Crisis Concerns Spread
(DBN)

What Will the Fed Do Today? These Five Numbers Can Tell Us
(DBN)

Scramble for safety as rouble, oil sink
(DBN)

Here's The Budget For A Family Of 6 Living On $59,000 A Year
(DBN)

Hedge fund manager who remembers 1998 says prepare for pain
(DBN)

Oil plunge, Russia crisis challenge US Federal Reserve
(DBN)

National credit default rates continue to increase in November
(DBN)

US Debt Clock
(DBN

Economic Indicators Dashboard
(DBN)

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Real Estate:

Real Estate Recovery Uneven as U.S. Home Starts Fell in November
(DBN)

Boomers Seen Boosting New-Home Sales as Millennials Wait
(DBN)

Home builders nail best 3 months of 2014
(DBN)

Another regulator investigates Ocwen Financial
(DBN)

Mortgage applications fall 3.3.% for week despite continued low rates
(DBN)

Zillow: Number of underwater homeowners sliced in half
(DBN)

MERS wins in Rhode Island again
(DBN)

Mortgage Recording Requirements: Tiny Technical Defect Strikes Again
(DBN)

The biggest obstacle to a mortgage market recovery that nobody is talking about
(DBN)

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Municipalities:

Detroit getting $50 million to fight blight
(DBN)

Detroit retirement system holds meetings on cuts
(DBN)

Deadline approaching for Detroit pension help
(DBN)

San Bernardino has bankruptcy workplan, gag order loosened
(DBN)

Puerto Rico's electric authority reports on restructuring efforts
(DBN)

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Oil/Gas:

Oil plunge takes price below $55 a barrel
(DBN)

Brent Crude Oil Is Holding Below $60
(DBN)

Oil's Demise Is A Symptom Of Something Larger
(DBN)

OPEC signals "wait and see" approach could last a year
(DBN)

Benchmark U.S. Oil Rebounds After Slipping Below $55 --- Oil Musters Small Rally, Falls Again
(DBN)

Kick Oil When It's Down
(DBN)

Brent below $60: Prepare for 'dramatic' spending cuts
(DBN)

Oil price drop 'good for Britain' – Chancellor Osborne
(DBN)

This Is Why The Oil -Price Crash Will Maul The U.S. Economy
(DBN)

Oil Is Headed Toward A Major Recovery If History Has Taught Us Anything
(DBN)

Falling Oil Prices Are Forcing Wall Street Analysts To Rethink 2015
(DBN)

Eight countries that win and lose big from oil plunge
(DBN)

Ticking time bombs: Where oil's fall is dangerous
(DBN)

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Environmental:

Ex-Freedom president seeks prosecutors' disqualification
(DBN)

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Aviation:

SpiceJet cancels flights as fuel credit lines are cut off
(DBN)

Airlines Poised for $12 Billion Global Windfall on Oil Collapse
(DBN)

Terrifying video emerges of turbulent American Airlines flight forced into emergency landing
(DBN)

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Tech:

Bankrupt NH firm to sell sapphire furnaces to pay Apple
(DBN)

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Apparel:

Charney terminated by American Apparel --- American Apparel Executives Call for Charney's Return
(DBN)

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Mass Torts:

Arrests under way in deadly NECC meningitis outbreak
(DBN)

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Bankruptcy Crimes:

Federal jury convicts North Huntingdon man
(DBN)

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Horse Racing:

Lawsuit leaves horse tracks facing bankruptcy , attorney says
(DBN)

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Autos:

GM Customers Say Carmaker Should Pay for ‘Callous Cover-Up’
(DBN)

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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 (21 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (4 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)

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Bankruptcy Statistics:

Interactive Bankruptcy Statistics Map
(DBN)

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Bankruptcy Reform:

What Did The ABI Chapter 11 Commission Recommend On Intellectual Property Licenses And Bankruptcy Issues?
(DBN)

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Personal Bankruptcy:

Supreme Court Grants Certiorari on Chapter 13 Bankruptcy Appeal Issue
(DBN)

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Corporate Governance:

Slouching Towards Bankruptcy: Corporate Fiduciaries Escape Liability in Ultimate Escapes
(DBN)

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Food/Beverage:

Darden Restaurants swings to second-quarter loss
(DBN)

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Opera:

Investors Have a Deal for Spurned New York City Opera Ticketholders
(DBN)

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Sovereigns:

Argentina to appeal US judge Griesa’s discovery request
(DBN)

The IMF's Way Forward for Sovereign Restructuring
(DBN)

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UK:

Scottish debt cases in court on the rise
(DBN)

UK unemployment rate at 6-year low of 6 percent
(DBN)

Orchestra London Bailout Unlikely --- Orchestra London Likely to Consider Bankruptcy
(DBN)

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EU:

The Impending First Revision to the EU Insolvency Regulation: An Update
(DBN)

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PIIGS:

Greek government faces first test in crucial presidential vote
(DBN)

Keep Lending Us Money, But Don't Tell Us What to Do
(DBN)

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Russia:

Russia Tries Emergency Steps for Second Day to Stem Ruble Rout --- Russia Is Throwing The Kitchen Sink At The Ruble --- The Russian Central Bank's Massive Failure To Halt The Ruble's Collapse
(DBN)

Russian Bank Manager: 'This Is The End Of The Banking System'
(DBN)

There is only one cure for what plagues Russia
(DBN)

The Collapse of Putin's Economic System
(DBN)

'A Sense Of Panic' May Force Putin To Sack His Government --- Putin Now Faces 'One Of Those Guns Or Butter Moments'
(DBN)

Putin Wants Ukraine Talks To Resume As Soon As Possible
(DBN)

Sanctions depend on Putin's choices: Kerry --- Russia: We Have The Right To Put Nuclear Weapons In Crimea
(DBN)

Russia in crisis: Analysis of a meltdown
(DBN)

Here's Why The Russian Ruble Is Collapsing
(DBN)

The Timing Of Russia's Currency Crash Is Really Bad
(DBN)

Russians fear worse crisis than 1998 ruble crash
(DBN)

Russians Are Buying Cheese The Same Way People Bought Weed In 1980s Brooklyn --- Russians Are Scrambling To Get Their Hands On US Dollars
(DBN)

Who loses if Russia implodes?
(DBN)

European Court Case on Yukos Ungrounded, but Russia Must Submit: Moscow
(DBN)

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China:

Carmaker Geely warns earnings will halve
(DBN)

China's Geely shares drop most in 12 years
(DBN)

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Brazil:

OSX Brasil Recovery Plan Faces Possible Delay Again
(DBN)

Brazil Judge Gives Pescarmona’s WPE Bankruptcy Protection
(DBN)

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MENA:

School attack: Taliban 'burn teacher alive in front of pupils and behead children'
(DBN)

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