December 2, 2014

The Daily Bankruptcy News

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Law:

Locke Lord and Edwards Wildman to merge into 1,000-attorney firm --- Law Firm Merger Mania: Locke Lord / Edwards Wildman Deal Wins Approval --- Locke Lord, Edwards Wildman Pair Up
(DBN)

Venable Adds Bankruptcy Partner
(DBN)

Managing Partner Sends Cheerful Holiday Reminder That Associates May Be Fired Tomorrow
(DBN)

Davis Polk ups bonus ante for midlevel associates by $10K as more firms follow Simpson’s lead
(DBN)

Who Is Biglaw’s $8 Million Man?
(DBN)

Firms' Managing Partners Optimistic: Business of Law
(DBN)

Wichita: Redmond & Nazar to join Hinkle Law Firm
(DBN)

Does being a lawyer protect your brain?
(DBN)

On Bragging Effectively (In Résumés And Briefs)
(DBN)

Venable Sues Ex-Client Over $300K in Legal Fees --- Venable sues ex-client over $300K bill, claiming fraudulent inducement
(DBN)

Why Legal Professionals Want Law School To Stay 3 Years
(DBN)

Law School's 3Ls Ineligible To Take July Bar Exam
(DBN)

Law school grad is paying off her loans doing string art
(DBN)

Law School Becomes Buyers' Market as Competition for Best Students Increases
(DBN)

Business Insider's Law School Ranking: 2014
(DBN)

How lawyers can use social media responsibly to promote their clients' cases
(DBN)

10 perfect holiday gifts for lawyers
(DBN)

18 Gifts Every Young Gentleman Would Love
(DBN)

Experience To Have Before 40
(DBN)

Do You Have To Pay Taxes On Your Holiday Party Drinks?
(DBN)

The 7 tips of Christmas: How to have a holly, jolly and safe holiday party at work
(DBN)

Feds say 1789 law requires Apple to help government get encrypted smartphone data
(DBN)

Scalia: What Ferguson Grand Jury Got Wrong --- Spokesman Who Attacked Rams’ Ferguson Protest Was Fired From Police Job in 2001 for Misconduct --- Ferguson protesters lawyer up after scores of arrests
(DBN)

Cop stops black man for walking with hands in his pockets.
(DBN)

The Year in Jewel Heists: Thieves Get Smarter, Take More Loot
(DBN)

Janay Rice: Goodell Lied About What He Knew
(DBN)

Lawyer accused of violent home invasion denied bond
(DBN)

Justice Scalia Suggests The First Amendment Doesn't Protect Angry Facebook Rants
(DBN)

A Sneak Peek At 'Better Call Saul'
(DBN)

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Judges:

Hoffman tabbed to chief judge of US Bankruptcy Court
(DBN)

Bankruptcy Court Announces Cyber Monday Deals: Higher Fees, New Rules, and Revised Forms
(DBN)

After heart stent surgery last week, Ginsburg is back on the bench
(DBN)

How Do Misdemeanor Courts Handle So Many Cases? – The Short Answer
(DBN)

New Chief Judge for Ninth Circuit Court of Appeals
(DBN)

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Wall Street:

US stock futures make gains
(DBN)

European Stocks Follow China Higher as Oil, Ruble Decline
(DBN)

Stock markets kept in check by doubts over growth
(DBN)

Report: 'FIN4′ hackers are gaming markets by stealing insider info
(DBN)

10 Things You Need To Know Before The Opening Bell
(DBN)

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Layoffs:

Chemical maker Huntsman to cut about 900 jobs
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Autos:

Saab owner requests extended bankruptcy aid; new owner in wings
(DBN)

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Education:

Regulation for Profit - Have the feds got a deal for you
(DBN)

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Nonprofits:

YMCA files reorganization plan --- Less reliance on fitness centers
(DBN)

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Paper:

Competitors meet deadline for bids on bankrupt GNP mill, setting up public auction Tuesday morning
(DBN)

East Millinocket mill up for auction today
(DBN)

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Alternative Energy:

Sidley guides LDK Solar through restructuring
(DBN)

Rest in Peace: The Fallen Solar Companies of 2014
(DBN)

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Retailing:

Black Friday Sales Mean Nothing For Total Holiday Sales
(DBN)

No, Black Friday Sales Were Not Down 11%
(DBN)

Retailers That Won Black Friday
(DBN)

Amazon’s new debt plans raise a red flag at Moody’s
(DBN)

The Decline and Fall of the RadioShack Retail Empire
(DBN)

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Corporate Governance:

Single-Member LLC's Veil Pierced
(DBN)

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Fraud:

November 2014 Ponzi Scheme Roundup
(DBN)

Wylys Should Pay $329 Million for Fraud, SEC Tells Judge
(DBN)

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Food/Beverage:

The Hottest New York Restaurants For 2015
(DBN)

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Debt Collection:

Defendants Charged In Massive Debt Collection Scam
(DBN)

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Taxis:

Here's How Much You Need to Drive for Uber, Lyft and Sidecar to Cover Your Car Insurance, Other Costs
(DBN)

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Economy:

Manufacturing in US Grew More Than Projected in November --- But still healthy
(DBN)

Factories Humming in U.S. Even Amid Global Slowing
(DBN)

Lower Gas Prices: How Big A Boost For the Economy? --- Gasoline (Inflation-Adjusted) Since 1980
(DBN)

Could gas prices go as low as $2 per gallon?
(DBN)

Fed welcomes energy drop, shrugs off disinflation threat
(DBN)

As oil prices plunge, wide-ranging effects for consumers and the global economy
(DBN)

Bernanke orders probe of possible information leak
(DBN)

House nearing vote on tax break package
(DBN)

Dudley: Financial Market Reaction Key To Pace Of Rate Hikes
(DBN)

Head of New York Fed doesn't know when to keep mouth shut
(DBN)

Fischer, Dudley See Oil Slump Spurring US Consumers to Spend
(DBN)

Deflation Is Going To Cause A Scary New Kind Of Debt Crisis
(DBN)

Restaurant Performance Index increased in October
(DBN)

Conference Board Consumer Confidence Index Declines
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

New-Home Prices Surge Despite Lackluster Demand
(DBN)

Dodgy Home Appraisals Are Making a Comeback
(DBN)

Short sale tax break expiration could slam 170K with massive tax bills
(DBN)

Soaring mortgage fees could cost first-time buyers hundreds of dollars more a month
(DBN)

Will rising interest rates choke off housing recovery?
(DBN)

Housing losing momentum? Not if but when
(DBN)

This chart shows home price expectation over the next 12 months
(DBN)

The great divide in California’s housing market
(DBN)

Housing: Demographics for Renting and Buying
(DBN)

Kahn loses portion of Village at Sandhill to foreclosure
(DBN)

Highland Seeks $250 Million From Credit Suisse in Trial
(DBN)

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Municipalities:

Detroit Can't Blow Its Second Chance
(DBN)

Kevyn Orr to address Detroit-area business leaders
(DBN)

SEC Raises Pressure on Borrowers as Leniency Ends
(DBN)

Key pension question unanswered in Stockton ruling
(DBN)

Is Bankruptcy for Providence on the Table?
(DBN)

Advisor to Gov. Christie Recommends Emergency Manager for Atlantic City
(DBN)

Muni Mania: A Timeline
(DBN)

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Aviation:

Fort Lauderdale-based airline files Chapter 7 bankruptcy
(DBN)

American Airlines asks to extend deferral on pensions
(DBN)

A Doctor Made A Bomb Joke In An Airport And Was Fined $90,000
(DBN)

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Nutritional Supplements:

Bodybuilder’s Supplement Company Hits the Auction Block
(DBN)

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Religion:

PI Lawyers Win $319K Judgment Against Church, Which Then Files For Bankruptcy
(DBN)

Attorney wants records from Franciscan Friars
(DBN)

Stunning Photos Of The World's Largest Animal Sacrifice
(DBN)

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Oil/Gas:

Oil Is Slipping Again After Yesterday's Rally --- Oil steadies below $73 after hitting five-year lows --- Oil Prices Remain Volatile After Rebound
(DBN)

Falling Oil Prices Could Lead to Massive Junk Bond Defaults
(DBN)

OPEC is wrong to think it can outlast U.S. on oil prices
(DBN)

These U.S. oil producers have the most to lose
(DBN)

Oil Investors May Be Running Off a Cliff They Can’t See
(DBN)

Why crude oil will average $80 a barrel in 2015
(DBN)

Can the U.S. Fracking Boom Survive With Oil $65 Per Barrel?
(DBN)

The Crude Crash Is Costing The World's Oil Producers $1.5 Trillion A Year
(DBN)

Can The Commodities Carnage Get Worse?
(DBN)

The downside of oil independence
(DBN)

5 Things to Know About Low Oil Prices
(DBN)

KKR-Backed Samson’s Bonds Plunge as Energy Rout Deepens
(DBN)

World's Top Oil Producers --- Where the US Gets Its Oil
(DBN)

Billionaire Shale Pioneer Says Drilling Will Slow
(DBN)

Making sense of oil’s plunge
(DBN)

How plunging oil prices could affect you
(DBN)

Oil Mogul Hamm Still Loses Half of Fortune
(DBN)

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Opera:

New York City Opera's Remaining Assets Expected to Sell in January
(DBN)

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Gambling:

Elliott Seeks Caesars Bankruptcy
(DBN)

Taj Mahal shuts Chairman's Tower
(DBN)

Revel Without a Cause: The Spectacular Fall Of Atlantic City's Biggest Casino
(DBN)

U.S. judge blocks New Jersey sports betting law
(DBN)

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Shipping:

Provisional liquidators from KPMG clarify debt collection status
(DBN)

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Auto Racing:

Caterham F1 Team Sold For Just $1.60
(DBN)

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Construction:

Robert and Mary Truland dispute items sought by XL Specialty
(DBN)

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Health Care:

CW Williams health center files for bankruptcy protection
(DBN)

A trip to the ‘wrong’ hospital shouldn’t bankrupt you
(DBN)

TLC's bankruptcy hearing delayed
(DBN)

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New Bankruptcy Opinions
(0 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 (22 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:

WD NY Bankruptcy filings drop 3.8 percent in November
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

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UCC:

But I Didn’t Mean to…Subjective Intent Does Not Determine the Effect of a UCC Termination Statement
(DBN)

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Bankruptcy Reform:

House passes financial institution bankruptcy bill
(DBN)

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Avoidance Actions:

Fifth Circuit Narrows Meaning of 'Value' in Good Faith Lender's Fraudulent Transfer Defense
(DBN)

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Bankruptcy Rules:

Amendments To The Federal Rules Of Bankruptcy Procedure, Including One Shortening The Time For Serving A Summons, Take Effect December 1, 2014
(DBN)

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Plan Confirmation:

A Deep Dive Into Case v Los Angeles Lumber Products, The Most Important Corporate Reorganization Case of the Great Depression
(DBN)

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Secured Debt:

SCOTUS to Settle Chapter 7 Lien-Stripping Circuit Split
(DBN)

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Cross-Border:

Introduction To Recognition Under Ch. 15
(DBN)

Power to Assist Foreign Insolvency Proceedings in the British Virgin Islands
(DBN)

Indonesia's Bumi units file for U.S. creditor protection, shares surge
(DBN)

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Exit Strategy:

Taking a Stand Where Few Have Trodden: Structured Dismissal Held Clearly Authorized by Bankruptcy Code
(DBN)

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TBTF:

Greenberg’s AIG Suit in Hands of Judge Unfazed by Stars
(DBN)

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Weather:

How Climate Change Has Altered Life On Earth In The Past 20 Years
(DBN)

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UK:

UK schemes able to expedite wind-up process after High Court ruling
(DBN)

More directors under investigation after businesses fail
(DBN)

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EU:

Atradius Expects EU Insolvencies to Remain High Despite Improving Economic Growth
(DBN)

Krugman: Being Bad Europeans
(DBN)

The $375 billion Europe wants to invest but doesn't have
(DBN)

“Slow-motion disaster”: Paul Krugman sounds the alarm about Europe’s economic mess
(DBN)

Too soon to declare that Europe has ‘made the wrong bet’
(DBN)

Fitch: European Carmakers to Benefit from Restructuring & Recovering Demand
(DBN)

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PIIGS:

Espirito Santo receiver files lawsuit against bank resolution
(DBN)

Two Former Banco Espýrito Santo Employees Named as Suspects in Probe
(DBN)

Irish bankruptcies surge in first half of the year
(DBN)

5 Countries Where Espírito Santo Is Involved In Money-Laundering Probes
(DBN)

Seán Dunne case over assets transfers to wife to be fast-tracked by Commercial Court
(DBN)

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France:

Thousands of French business owners protest
(DBN)

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Russia:

Russia Sees First Recession Since 2009 With Slump Next Year
(DBN)

Russia's Economy Has Shrunk So Much It's Now Almost The Same Size As Spain
(DBN)

Falling oil drags ruble to another record low against dollar
(DBN)

Plunging Oil Takes Russian Ruble with It
(DBN)

Russia's South Stream pipeline falls victim to Ukraine crisis, energy rout
(DBN)

Tensions Between Russia And NATO Escalating
(DBN)

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Ukraine:

Change of leadership in Crimea means property grab
(DBN)

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China:

Economists React: China’s Manufacturing Sector on the Slide
(DBN)

China’s Challenge on Deposit Insurance: Create Risk but Not Panic
(DBN)

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Japan:

The Moody’s Move: How Long Can Japan Defy Gravity?
(DBN)

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Venezuela:

Venezuela: On borrowed time - As the economy crumbles, so do the institutions holding up the regime
(DBN)

Falling Oil Prices and Venezuela's Future
(DBN)

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MENA:

Israel: Bankruptcy judgments triple since 2008 as debtors are better informed
(DBN)

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Cayman Islands:

Cayman Court clarifies the law on claw-back claims
(DBN)

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