December 9, 2014

The Daily Bankruptcy News

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Law:

Firms Predict Modest 2014, But Layoffs Less of a Threat
(DBN)

Pa. Firms Optimistic, But Stratification Could Be Coming --- PA: Firms See Strong Revenue, PPP in 'Investment' Year
(DBN)

Bermuda Insurer Could Crimp Dewey Defense Costs
(DBN)

Pillsbury Lawyers to See 'Radical Change' in New Office
(DBN)

Business Development: 5 Things That I Have Seen Work
(DBN)

Dentons hires restructuring head
(DBN)

Day Pitney Adds Insurance Insolvency Expert
(DBN) s

Innovative lawyer changed the way top firms operate
(DBN)

Five Big Firms Are on 100 Best Places to Work List
(DBN)

Elite law firms spin gold from getting cases before Supreme Court --- At U.S. court of last resort, handful of lawyers dominate docket
(DBN)

Chamber of Commerce forms its own elite law team
(DBN)

Lawyer dispenses advice from folding table in Harlem
(DBN)

Working From Home You Still Need to Show Up On Time
(DBN)

ILTA Survey: Security Is Top Worry
(DBN)

States Weighing in on Virtual Practice of Law
(DBN)

Shearman & Sterling Elects 13 New Partners
(DBN)

UK Lawyer Makes a Case for Litigation Funding in the US
(DBN)

May a lawyer call another lawyer unethical? Spate of inquiries spurs ethics opinion
(DBN)

Seyfarth's technology helped lure former Bingham McCutchen partner
(DBN)

At Barry law school, a tempest over an Instagram post
(DBN)

L.A. Times: Fewer Law School Grads Pass California Bar Exam
(DBN)

Bar Examiners Abandoning Commercial Law
(DBN)

InfiLaw's Acquisition of Charleston Law Hits Snag at ABA
(DBN)

Georgetown, Harvard Students Request Postponed Final Exams --- Columbia Law School Lets Students Postpone Exams Due to Grand Jury Decisions --- Minority Push to Delay Finals Spreads to Georgetown Law --- Law Students Speak Out Against Grand Jury Decisions
(DBN)

Black Law Students Ask For Race-Based Exam Extension?
(DBN)

Law School Defends Student Who Allegedly Made ‘Abhorrent’ Racist Remarks On Social Media
(DBN)

Lawyers Struggle To Live ‘Mortgaged’ Lives Under The Crushing Weight Of Student Loans
(DBN)

There is a London law firm version of Monopoly
(DBN)

24 Things Every Man Should Have In His Work Bag
(DBN)

Mark Cuban Has Added A Ton Of New Apps To His Phone — Here's What They Are
(DBN)

The Best iPhone Apps Of The Year, According To Apple
(DBN)

The Best iPhone 6 Case
(DBN)

The Best App For People Who Can't Remember Names Comes To Android
(DBN)

After lawyer on bicycle was struck and killed, sheriff’s department may limit computer use
(DBN)

Philly Mayor: 'Police Officers Increasingly Afraid Of Community' --- Eric Garner case: Protesters flood California highway, throw rocks, bottles at officers, police say --- 1.000 Protesters in Berkley Shut Down I-80 --- Chokehold protesters block traffic on Verrazano Bridge --- Poll: Americans Back Charges in Garner Death
(DBN)

NY AG to Probe Police Killings of the Unarmed
(DBN)

White Florida deputy shoots black man who witnesses say had hands up
(DBN)

Should ‘Girls’ Star Lena Dunham Be Prosecuted?
(DBN)

Texas Bill Would Ban "Affluenza" Defense
(DBN)

Former in-house lawyer admits $5M billing scheme, will reimburse
(DBN)

Legal Ad Boils Down To ‘Hey, Check Out This Girl’s B----’
(DBN)

Mug Shots: The Handlebar Men And The Donut Lady
(DBN)

Man faces felony theft charge for taking his own car from police impound lot
(DBN)

Say What?!
(DBN)

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Judges:

New Bankruptcy Judge in Oregon
(DBN)

Judge Uses Cartoons To Benchslap Jones Day
(DBN)

Dashcam video of wobbly judge turns up after her DWI case is dismissed for ‘lack of evidence’
(DBN)

Nine-Year-Old’s Arrest Prompts Call for Change by Federal Judge
(DBN)

Judge is no-show at legal ethics trial about her claimed psychotic delusions
(DBN)

Courthouse closed after bedbug is found in file room
(DBN)

Budget cuts: Judges forced to make their own lunches
(DBN)

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Wall Street:

Stock futures trade lower; China stocks plunge
(DBN)

Wall Street falls with energy shares; global data disappoints --- U.S. Stocks Extend Losses
(DBN)

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Layoffs:

 

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Politics:

Elizabeth Warren Supporters Are Preparing For War Against Wall Street
(DBN)

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Food/Beverage:

Hostess' Private Equity Owners Look To Gorge On Four-Fold Profits In Sale
(DBN)

McDonald's global sales continue to decline --- Customers get pickier
(DBN)

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Mass Torts:

BP's Gulf Liability Nightmare Won't Be Stopped by Supreme Court
(DBN)

____________

Coal:

Coal company that recruited laid-off Eastern Kentucky miners warns it may cut jobs
(DBN)

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Healthcare:

Ugly Situation After Skin Care Clinic Closes
(DBN)

No plan, but TLC keeps options open
(DBN)

____________

Chemicals:

Mississippi Phosphates to idle DAP production
(DBN)

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Corporate Reform:

Banks Urge Large Clients to Take Cash Elsewhere
(DBN)

____________


Economy:

ATL Fed says not enough jobs for rate hike
(DBN)

The Collapse of the American Middle Class
(DBN)

Economy Heading To Pre-Recession Levels
(DBN)

Fed signals rate guidance likely to stay for now
(DBN)

Consumer Borrowing Falls Below Estimates for October
(DBN)

15% of firms expect to add jobs
(DBN)

More Employment Graphs: Duration of Unemployment, Unemployment by Education, Construction Employment and Diffusion Indexes
(DBN)

How the Rising Dollar Could Trigger the Next Global Financial Crisis
(DBN)

US Income Inequality and Sales of Luxury Cars
(DBN)

Three Nightmare Economic Scenarios That Could Trigger Recession In 2015
(DBN)

The Ten Reasons Why There Will Be Another Systemic Financial Crisis
(DBN)

How Much Federal Money Goes to States
(DBN)

US Debt Clock
(DBN

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

Zillow: Renting is twice as expensive as buying
(DBN)

FNC: More Long Term Home Owners selling in 2014
(DBN)

Phoenix Real Estate in November: Sales down 4%, Cash Sales down Sharply, Inventory up only 3%
(DBN)

Coakley urges less restrictions on Fannie and Freddie buyback
(DBN)

Top Mortgage Firms To Offer Downpayments As Low As 3 Percent
(DBN)

Foreign Investors Scoop Up High-Profile U.S. Towers
(DBN)

Homeowner fights double foreclosure smackdown
(DBN)

New York’s $500,000-a-Month Apartment Nabs a Tenant
(DBN)

____________

Municipalities:

Detroit’s Museum of Masterworks Shoulders $350 Million Burden
(DBN)

Orr's legacy in Detroit marked by restraint
(DBN)

Illinois municipalities could face bankruptcy issues
(DBN)

Rally protests Detroit water shutoffs
(DBN)

Kilpatrick frat brother Beasley convicted of conspiracy
(DBN)

Detroit's Municipal Bankruptcy: An Uncertain Solution
(DBN)

San Bernardino City Manager under fire
(DBN)

____________

Fraud:

Madoff trustee loses appeal on clawbacks
(DBN)

Preferred Investors Will Keep Madoff Payments
(DBN)

Bad news for Bernie Madoff victims
(DBN)

Former Madoff Executive Gets 10 Years in Prison
(DBN)

Investors Win Madoff 'Fictitious Profits' Appeal
(DBN)

Madoff Aide Gets a Sentencing Break for Not Being Madoff --- Judge says he was not ‘evil at heart’
(DBN)

____________

Paper:

Old Town mill to reopen after judge OKs sale
(DBN)

____________

Autos:

Congress Asked to Investigate Whether Obama Administration Delayed GM Ignition Switch Recall
(DBN)

Takata bankruptcy fears could force bailout
(DBN)

____________

Oil/Gas:

Oil Is Crashing --- Oil dives 4%, hits another five-year low --- Oil Fights Back --- Oil bounces back from sharp losses, but analysts stay wary
(DBN)

Attorneys Say Shale Work Still Strong Despite Low Oil Prices
(DBN)

Gas: $2 and still falling --- $2 gas is back! Is that good?
(DBN)

Will Oil Prices Recover In 2015?
(DBN)

The People Saving The Most On Cheap Gas Prices Probably Don't Even Care
(DBN)

Low Oil Prices Are Putting The Freeze On Fracking Projects Around The World
(DBN)

The Oil Giants Are Starting To Slash Costs --- Big Oil hits the brakes on shale spending --- Here come oil company cutbacks --- Conoco Just Slashed Capital Budget 20%
(DBN)

New Study Claims US Shale Gas Quantities Grossly Exaggerated
(DBN)

Tesla's stock plunges along with oil prices --- As gas gets cheaper, truck sales pick up
(DBN)

Why An Oil Crash Is Exactly What Obama Needs
(DBN)

____________

Awards:

AlixPartners Congratulates Holly Etlin on Being Named Woman of the Year in Restructuring by the International Women's Insolvency and Restructuring Confederation
(DBN)

____________

Aviation:

Indonesia airline Merpati explores debt-to-equity swap
(DBN)

'Nut rage' delayed plane --- Air Lines Exec Who Fired A Crew Member Over Macadamia Nuts Has Resigned
(DBN)

Don't Take A Pill To Sleep On Planes Because You Might Get A Blood Clot And Die
(DBN)

____________

Non-Profits:

YMCA blindsides community
(DBN)

____________

Baseball:

Colts bankruptcy opposed by court trustee
(DBN)

____________

Pensions:

Study: Public Pensions at Risk Worldwide
(DBN)

____________

Gambling:

Mayor: Tax-stabilization bill should save Taj Mahal
(DBN)

____________

Environmental:

Company president in chemical spill facing charges --- Southern Faces Federal Criminal Charges for Bankruptcy and Wire Fraud in January MCHM Spill
(DBN)

____________

Coal:

Mechel Quarterly Loss Widens Ninefold on Weak Coking Coal Prices
(DBN)

____________

Consultants:

GCG Promotes Brian Burke to Vice President
(DBN)

____________

Corporate Reform:

CFPB fields myriad complaints from within
(DBN)

____________

Brokers:

Peregrine Customers in Line to Recover Millions More
(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 (20 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (11 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)

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Bankruptcy Reform:

Reform Commission Full Report
(DBN)

ABI Chapter 11 Reform Report Release - The National Press Club 12/08/2014
(DBN)

The Slow Food Movement May Be Coming to Chapter 11
(DBN)

ABI Proposes Key Changes To SME Chapter 11 Bankruptcy
(DBN)

ABI Commission Report: Highlights of Proposed Chapter 11 Reforms
(DBN)

Bankruptcy Law Overhaul Would Mean Big Changes --- What The ABI Bankruptcy Overhaul Doesn't Include
(DBN)

Chapter 11 Reform or Re-Form? ABI Proposes Wholesale Changes to Bankruptcy Law
(DBN)

Bankruptcy Group Offers Congress Ideas to Ease Chapter 11 --- Bankruptcy Panel Pushes US Lawmakers to Fix Law
(DBN)

Proposed US bankruptcy rule changes spark debate from lenders
(DBN)

Secured Lender Recoveries in Bankruptcy May Decline
(DBN)

House Passes Bank Bankruptcy Bill – Pressure Now on Senate to Act
(DBN)

____________

Miscellaneous:

Jones Day: Business Restructuring Review
(DBN)

____________

Derivatives:

How the Bankruptcy Code Should Treat All Derivatives
(DBN)

____________

Plan Confirmation:

New York Court Closes Courthouse Doors to Unregistered Noteholders
(DBN)

____________

Retailing:

RadioShack Says Four Term Violations Without Merit --- RadioShack doesn't believe lenders' demand for payment has merit
(DBN)

RadioShack’s bitter whine
(DBN)

Stick a Fork in RadioShack, Because It's Done
(DBN)

With No Presumption of Prudence, RadioShack Faces New Lawsuit
(DBN)

Holiday shopping death watch: the life and demise of great American retailers
(DBN)

A 1990s teen icon dies as Delia's liquidates stores
(DBN)

Pep Boys swings to a surprise loss
(DBN)

____________

Celebs:

It’s Christmas For Teresa Giudice On Twitter After She Files Lawsuit Against Her Bankruptcy Lawyer
(DBN)

Teresa Guidice Replaced by Caroline Manzo During Jail Sentence
(DBN)

Gary Dourdan’s Ex Wants Her Payday From Alleged Assault, Despite his Bankruptcy
(DBN)

____________

Shipping:

Aegean buying up OW Bunker oil
(DBN)

____________

Alternative Energy:

Seneca Bioenergy files for bankruptcy protection
(DBN)

____________

Opera:

Bankrupt NYC Opera board votes to transfer name
(DBN)

Investors Seek to Revive N.Y. City Opera
(DBN)

____________

Tech:

GT Advanced creditors object to Apple settlement
(DBN)

____________

Tax:

Deutsche Bank Sued by U.S. Over Alleged Tax Scheme
(DBN)

____________

Sovereigns:

NML Won't Participate in London Case Over Argentine Bonds
(DBN)

____________

UK:

Carney claims to have solution to the too big to fail conundrum
(DBN)

Public school principal quits, pressured to segregate boys and girls and teach Muslim classes
(DBN)

Big Miss For UK Manufacturing As Output Crumbles In October
(DBN)

Tesco warns on profits for the fourth time in months
(DBN)

____________

EU:

Someday, Draghi will thank Weidmann for blocking QE
(DBN)

____________

PIIGS:

Banco Espirito Santo's Former Investment Bank Arm Sold to Haitong Securities of China
(DBN)

It's Time to Start Paying Attention to Greece Again --- Greece Is Crashing --- Greek markets plunge --- Ten Percent of Bad Debtors Have Large Bank Accounts
(DBN)

____________

Canada:

Mexx declares bankruptcy affecting 95 Canadian stores
(DBN)

Connacher’s Woes: Over-Levered and at the Mercy of Global Economic Forces
(DBN)

____________

Russia:

Putin's Ruble Troubles Start Crossing Borders
(DBN)

Russian retailers feel the rouble pinch
(DBN)

____________

China:

China Banks Press to Lend More of Deposits
(DBN)

China Tanks
(DBN)

____________

Korea:

Lenders brace for massive losses on tech firm's financial scam, bankruptcy
(DBN)

Household debt triggers concerns
(DBN)

____________

Australia:

Leading Australian Insolvency and Litigation Partner Joins Squire Patton Boggs
(DBN)

____________

MENA:

Kuwait finalizing GCC's first insolvency law
(DBN)

____________


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