December 19, 2014

The Daily Bankruptcy News

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Law:

Associate Bonus Watch: Massive Disappointment At A Major Firm
(DBN)

Binder & Binder Files for Chapter 11 --- Social security disability firm Binder & Binder files for bankruptcy
(DBN)

Business of Law
(DBN)

Bonus babies - Why big end-of-year payouts for junior attorneys are a double-edged sword
(DBN)

Linklaters partners resign after office party fist fight --- Two Linklaters partners fall on swords after Oktoberfest brawl
(DBN)

In-house lawyers reveal which firms offer the worst perks
(DBN)

SmallLaw Holiday Party Networking Guide
(DBN)

Law firm appeals ruling that ex-client can discover communications with in-house counsel
(DBN)

Special Snowflake Syndrome Trigger Warning: I’m A Jerk
(DBN)

LawProse: layman; layperson; lay person.
(DBN)

SMU Law Prof's Comments Prompt Sexual Harassment Policy Review
(DBN)

Which Law Schools Are Shedding Full-Time Faculty?
(DBN)

Brad Pitt gets a pass on LA jury duty because his presence is too distracting
(DBN)

Lawyer who filed nearly identical briefs in 31 appeals gets stayed suspension
(DBN)

After a career change, Blind Melon guitarist is a BigLaw lawyer
(DBN)

The Ultimate Holiday Guide: 65 Last-Minute, Lawyerly Gift Ideas
(DBN)

Ferguson Witness Floated Bizarre Phone Tale
(DBN)

Glamorous Solicitor of the Year 2014: Round Two
(DBN)

Court filing says attorney took up to $15M or more from clients, seeks freeze on bank accounts
(DBN)

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Judges:

Justices Scalia and Kagan Duck Washington for Hunting Getaway
(DBN)

Odor in the court! Another judge complains of ‘repugnant stench’ from filing by state AG’s office
(DBN)

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Wall Street:

 

US stocks within striking distance of records after monster rally
(DBN)

Wall Street skyrockets; Dow closes up over 400 points
(DBN)

Wall Street Firms Endure Lost Decade After Goldman Peak in 2007
(DBN)

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Layoffs:

 

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Autos:

GM Bankrupt Predecessor Tells Car Maker to Pay for Price Drops
(DBN)

'Old GM' trust says it shouldn't pay ignition claims
(DBN)

Dutch car maker Spyker declares bankruptcy
(DBN)

Disruption: Rise of the car-sharing apps poses threat to auto sector
(DBN)

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Healthcare:

Contention surrounds sale of six California Catholic hospitals
(DBN)

Bankruptcy completed, Specialty Hospital of Washington sold to Silver Point Capital
(DBN)

Deal To Save Five Hospitals Derailed
(DBN)

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Telecoms:

LightSquared Files Restructuring Plan Including Phil Falcone
(DBN)

Latest LightSquared Ch. 11 exit plan would give Harbinger equity
(DBN)

Nortel U.S. Unit Wins Court Approval for Bondholder Deal
(DBN)

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Gambling:

Deal could save Trump Taj Mahal, report says --- Icahn Gambles to Keep New Jersey’s Taj Mahal Casino Afloat
(DBN)

Union: Taj will stay open even without Icahn deal
(DBN)

Trump Taj Mahal deal falls apart, union says
(DBN)

As Deal To Save Trump Taj Mahal Falls Through, Icahn Pledges $20 Million In Financing
(DBN)

Atlantic City bill package postponed amid Taj Mahal dispute
(DBN)

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Shipping:

OW Bunker bankruptcy investigation into allegations of derivatives misselling and fraud
(DBN)

Bankrupt Danish firm exec wanted in Italy
(DBN)

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Education:

Advocates petition for Corinthian sale safeguards
(DBN)

White House releases snapshot of plan to rate U.S. colleges --- Obama Spells Out College-Ranking Framework
(DBN)

Former student files class action against University of Phoenix, says it sold her ‘pipe dream’
(DBN)

Private colleges are a waste of money for white, middle class kids
(DBN)

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Tech:

GT Advanced Technologies Issues Response to Apple's Statement Following Release of October 8th Declaration
(DBN)

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Tax:

Congress Handcuffs IRS Enforcement --- IRS warns of possible shutdown
(DBN)

How Google, GE and U.S. Firms Play the Tax ‘Audit Lottery'
(DBN)

Luxembourg Agrees to Share Details of Corporate Tax Deals
(DBN)

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Awards:

Milbank - Milbank Partner Dennis Dunne Named Outstanding Restructuring Lawyer 2014
(DBN)

Ira Dizengoff Named Among 2014’s “Outstanding Restructuring Lawyers”
(DBN)

Brett Miller Named Outstanding Restructuring Lawyer
(DBN)

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Television:

Aereo, Broadcasters Battle On In Court
(DBN)

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Economy:

Jobless Claims in U.S. Decrease to Lowest Level in Six Weeks
(DBN)

Philly Fed survey shows factory activity slowed
(DBN)

FBI: 90% Of US Companies Could Be Hacked Just Like Sony
(DBN)

Seven Things We Think We Know After The Fed's Big Meeting
(DBN)

How the Federal Reserve boosted the economy with a single word — "patient"
(DBN)

Life Expectancy Increases by Six Years
(DBN)

Is the American middle class doing better than we think?
(DBN)

Hardest-Working States In America
(DBN)

Biggest Threat to Boomers' Retirement Plans
(DBN)

The unbelievable rise of single motherhood in America over the last 50 years
(DBN)

US Debt Clock
(DBN

Economic Indicators Dashboard
(DBN)

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Real Estate:

Fannie Mae: Will housing make full recovery in 2015?
(DBN)

Ocwen accused of stalling short sales
(DBN)

CoStar: Commercial Real Estate prices increased in October
(DBN)

FL: Office building owner files Chapter 11 to stall foreclosure
(DBN)

Cheap gas makes suburban houses more valuable
(DBN)

Manhattan luxury apartments smash records
(DBN)

Tacoma real estate developers will have their estates liquidated
(DBN)

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Municipalities:

The Need for Greater Transparency in Municipal Bankruptcies
(DBN)

Post-bankruptcy, many Detroit retirees face a year of hard adjustments
(DBN)

Gov. Rick Snyder says he doesn't want to appoint more emergency managers
(DBN)

Creditor to oppose San Bernardino bankruptcy plan favoring Calpers - source
(DBN)

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Celebs:

Teresa Giudice Raided By Feds; Assets Seized To Satisfy Debts! --- District Attorney Denies Teresa Giudice's Home Was Raided
(DBN)

Court Says Brad Pitt Is Far Too Handsome For Jury Duty
(DBN)

Alternative Rock God Decides To Be A Lawyer, Joins Biglaw Firm
(DBN)

Ex-billionaire due before judge for contempt hearing --- Judge orders Montana ex-billionaire, embattled real estate mogul Blixseth jailed for contempt
(DBN)

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Oil/Gas:

Oil jumps three percent to $63 as energy firms slash investments --- Oil Prices Shuffle Between Gains and Losses
(DBN)

Oil plunges as market seeks bottom --- Oil rallies above $60, heads for fourth weekly decline on glut
(DBN)

Oil's Drop Hits Big Investors Hard
(DBN)

Will Oil Price Drop Trigger Change for Law Firms?
(DBN)

Gasoline Spending In America Hasn't Been This Low In 11 Years
(DBN)

Is The Oil Implosion Supply Or Demand Driven? Here Is The Very Simple Answer, Thanks To Saudi Arabia
(DBN)

Saudi Arabia Can't Afford To Have Oil Prices This Low For Very Long
(DBN)

North Sea Oil Industry Close to Collapse
(DBN)

Where Are Oil Prices Headed In The Long Run?
(DBN)

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Photography:

Judge: Suits against Kodak's Perez, others to go ahead
(DBN)

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Retailing:

Credit Derivatives Traders Might Not Let RadioShack Corporation Go Bankrupt
(DBN)

RadioShack Says Chief Marketing Officer Jennifer Warren Has Left - Exit Marks Second Top-Level Executive Departure During Critical Holiday Sales Drive
(DBN)

Retailers Are Desperate To Get Cash-Strapped Americans To Spend This Holiday
(DBN)

Radio Shack Bankruptcy Watch: Cut me, Mick!
(DBN)

Amazon's Penny Pricing Glitch Nearly Ruined This Company Because It Was Holding Its Xmas Party When The Crisis Hit
(DBN)

Conn's Has Been Deemed A Perfect Short
(DBN)

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Corporate Reform:

How a Memo Cost Big Banks $37 Billion
(DBN)

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Personal Finance:

End Every Job Interview With These 5 Questions
(DBN)

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Religion:

Milwaukee Archdiocese Reaches $10.3 Million Insurance Settlement
(DBN)

Trial approved for legal malpractice case against diocese's bankruptcy lawyers
(DBN)

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Mass Torts:

British American Tobacco reaches $575 mln litigation settlement
(DBN)

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Waste:

Creative Recycling Systems files for voluntary Chapter 7 liquidation
(DBN)

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Distressed Investing:

Caesars, Forest Oil Bond Docs Under A Microscope As Distress Takes Hold
(DBN)

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Consultants:

Gordian Group Appoints Fred Zeidman as Chairman
(DBN)

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Pensions:

Everything Bailed Out but Pensioners
(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 (45 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (21 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:

Dividing Up the Assets After a Bankruptcy
(DBN)

Summary of the ABI Commission's proposed changes to Chapter 11 of the Bankruptcy Code
(DBN)

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Finality:

It Ain’t Over Till It’s Over – - Final Judgments in Bankruptcy
(DBN)

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Avoidance Actions:

Good Faith Transferee in a Fraudulent Transfer Action can only Retain Transfers Equal to the Value It Provided to the Debtor
(DBN)

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UCC:

When is a Typo in a Loan Document More Than Just a Typo?
(DBN)

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Sales:

Section 363 Sale Order Enjoining Successor Liability Claims Not Subject to Subsequent Attack by State Agencies
(DBN)

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TBTF:

US Says MetLife Is Too Big to Fail
(DBN)

Ally's Six-Year Bailout to End as US Will Sell Stake
(DBN)

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Insurance:

D&O Insurance: Eleventh Circuit Holds Insured v. Insured Exclusion’s Applicability to FDIC Failed Bank Claims Ambiguous
(DBN)

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Financial Privacy:

Sony Might Have Just Been A Practice Run
(DBN)

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Politics:

Amid Warren's Rise, a Democratic Split Becomes Apparent
(DBN)

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Environmental:

Feds: Southern’s wealth ‘disappeared’ since Freedom leak
(DBN)

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Sovereigns:

Cleary Gottlieb lawyer comes 4th in FT worst political jobs ranking
(DBN)

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UK:

Tesco's Financial Nightmare Is Even Worse Than Anyone Thought
(DBN)

Law firm prepares class action against Quindell
(DBN)

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EU:

IMF to hold back Cyprus bailout funds
(DBN)

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PIIGS:

Espirito Santo Bank responds to another customer lawsuit
(DBN)

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Canada:

‘There will be some blood': Will Canada’s oilpatch be able to withstand the price onslaught?
(DBN)

City council says no to Orchestra London funding request
(DBN)

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Germany:

Rise in German business morale points to better fourth quarter
(DBN)

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Russia:

Russian Bank Run Could Be ‘in the Cards’
(DBN)

Putin's insane-sounding quote about bears is essential for understanding Russia today
(DBN)

Putin blames 'external factors' for Russia's economic crisis
(DBN)

Putin says Russia is 'not in a crisis' but here's why you should be worried
(DBN)

The EU Is Putting The Screws To Putin
(DBN)

Putin says economy to rebound, wants end to Ukraine crisis
(DBN)

Poll: 80 Percent Back Putin Even as Ruble Falls
(DBN)

Western sanctions may last for decades: Russian minister
(DBN)

Here Is A List Of All The Companies Most Exposed To The Russian Downturn
(DBN)

Russia's Richest Are Getting Demolished
(DBN)

Russia's cash already fled. Here's where it went
(DBN)

Google is bigger than the entire Russia market
(DBN)

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Ukraine:

Ukraine’s Mriya Creditors Propose $1 Billion Restructuring Plan
(DBN)

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Switzerland:

Swiss National Bank Goes Negative on Interest
(DBN)

What are Negative Interest Rates?
(DBN)

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Latvia:

Amendments to Insolvency Law in Latvia postponed
(DBN)

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MENA:

OPEC States Scramble to Avoid Debt Default
(DBN)

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India:

Why Spicejet Crisis Is A Bad News For The Industry?
(DBN)

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