July 16, 2014

The Daily Bankruptcy News

View prior editions: Click Here
View prior case summaries: Click Here
Search prior headlines: Click Here
Search prior case summaries: Click Here

Law:

Dewey Defendant Suggests Prosecution’s Confusion As To ‘Very Basic Law School Stuff’
(DBN)

Diamond McCarthy Sues Former Partner to Recoup Dreier Bankruptcy Trustee Fee
(DBN)

Manhattan DA Seeks Stay Of Discovery in Dewey Case
(DBN)

Dewey Leaders Seek Dismissal of Criminal Charges
(DBN)

Howrey 'Jewel' Claims Sent Back to Montali
(DBN)

Legal Jobs Market More Complex Than Ever
(DBN)

Lawyer accused in murder-for-hire plot owed $314,000 to alleged target's client
(DBN)

Ex-bank exec is latest to face criminal case linked to ex-lawyer’s $1.2B scheme; victims to get $50M
(DBN)

Law firm operates ‘more like a factory’ in filing hundreds of thousands of debt suits, CFPB alleges
(DBN)

Illustrated Departure Memo Of The Day
(DBN)

ATL Law Firm Reputation Survey: Who Are The Early Front-Runners?
(DBN)

How Stress Messes With Your Metabolism --- How To Create A Life With The Perfect Amount Of Stress To Keep You Motivated But Not Kill You
(DBN)

Here's Why You Should Leave Work Earlier Every Day
(DBN)

Eighth Circuit: Political discrimination case against Iowa law school must be retried
(DBN)

Why SharePoint Is The Most Underutilized Legal Tool That Microsoft Has To Offer
(DBN)

Is It More Stressful To Work In-House Than At A Law Firm?
(DBN)

America's Most Famous Undocumented Immigrant Taken Into Custody At Airport --- The US Made This Intense Ad To Scare Central Americans Away From Coming Here Illegally
(DBN)

The Most Obnoxious Wall Street Bars Of 2014
(DBN)

City Attorney resigns after brothel reports
(DBN)

Why Some Unaccompanied Alien Children Can Stay In America And Others Can’t
(DBN)

German plan to take on NSA: Classical music and typewriters
(DBN)

Woman Robs 8-Year-Old Girl Selling Candy
(DBN)

Biglaw Partner Charged With Insider Trading On The Golf Course
(DBN)

Alex Rodriguez Is Getting Sued By His Own Lawyer
(DBN)

Man Arrested After Stabbing Watermelon
(DBN)

Two lawyers charged in alleged plot to extort millions from wealthy sheik
(DBN)

Man accidentally locked in jail visiting room for 30 hours sues
(DBN)

Police Find Bodies Inside Vacant Funeral Home
(DBN)

The World's Largest Floating Prison Is In . . . NYC
(DBN)

Dozens of Disney World workers arrested in child s-- stings
(DBN)

______________

Judges:

Tough Judge On Deals Scene: J. Travis Laster
(DBN)

Kozinski Dismisses Attorney's Claim Bankruptcy Judge Has Dementia
(DBN)

Federal judge won’t repeat name of Washington NFL team; policy disclosed in a footnote
(DBN)

SCOTUS approval is up 21 percentage points among Republicans
(DBN)

Lawyerly Lairs: A Judicial Diva’s $8.7 Million Penthouse
(DBN)

Man arrested after allegedly slapping, spitting on judge taking a cigarette break outside courthouse
(DBN)

We Need Elizabeth Warren on the Supreme Court
(DBN)

______________

Wall Street:

Futures rise with Bank of America ahead
(DBN)

Stocks close lower as investors digest earnings
(DBN)

The Nightmare Wall Street Is Living Right Now
(DBN)

JPMorgan, Goldman Sachs smiling today
(DBN)

Yellen Warns Some 'Valuations Appear Stretched'
(DBN)

______________

Layoffs:

Yellen Says 'Significant' Slack Remains In The Labor Market
(DBN)

Popular Jobs That Are Quickly Disappearing
(DBN)

Microsoft - Layoffs Could Top 5,800
(DBN)

How Veteran Unemployment Compares To Overall Unemployment
(DBN)

10 Simple Steps To The Perfect Job Interview
(DBN)

The 20 Best Jobs For Work-Life Balance
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Fraud:

$50 million forfeiture deal in Rothstein case
(DBN)

Madoff sons took millions for real estate, trustee alleges -- Madoff Sons Deleted E-Mails, Hindered Probe, Trustee Says
(DBN)

Andrew Madoff responds to new allegations
(DBN)

Gowex conquerer Gotham City shrouded in mystery
(DBN)

____________

Television:

Is the CSN Houston Madness Almost Over? Maybe
(DBN)

____________

Healthcare:

Venerable N.Y. Hospital Closed in 2010 to Reopen as E.R.
(DBN)

____________

Distressed Investing:

Hedge Funds Turn to Raves, Madoff Claims on Distress Scarcity
(DBN)

____________

Healthcare:

Struggling Meadowlands Hospital needs state-imposed manager, union and legal advocates say
(DBN)

M*Modal Receives Approval to Emerge From Chapter 11
(DBN)

____________

Mining:

Boart calls in restructuring gurus
(DBN)

Boart Longyear shares fall on fear of restructuring
(DBN)

____________

Economy:

Fed's Yellen says US recovery incomplete, defends loose policy --- Fed's Yellen Signals Low Rates as Recovery Not Yet Complete
(DBN)

Retail Sales in US Showed Broad-Based Increase in June
---
Here's Why Retail Sales Missed And No One Cares --- Economists encouraged by some parts of the retail sales report
(DBN)

Empire State Manufacturing Survey at 4 Year High in July
(DBN)

CBO: Dark Skies for Future Deficits
(DBN)

US Businesses Rebuild Stockpiles at Steady Pace
(DBN)

The Sharp, Sudden Decline of America's Middle Class
(DBN)

Elizabeth Warren Destroys Janet Yellen Over JPMorgan's 'Living Will'
(DBN)

Despite dropping deficits, debt picture a concern, watchdog says
(DBN)

10 Brands That Might Not Survive 2015
(DBN)

Lew Calls for Economic Patriotism
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

Staying on Leased Property After a Bankruptcy 363 Sale
(DBN)

Citi Settlement: Cold Comfort for Homeowners
(DBN)

The banking industry is paying up for the housing crisis. This is what you need to know.
(DBN)

Mortgage Applications Decrease in Latest MBA Weekly Survey
(DBN)

Yellen: The Housing Market Overall Continues To Be 'Disappointing'
(DBN)

JP Morgan; If Foreclosures Are More Difficult Then We'll Lend Less On Mortgages
(DBN)

Flowchart: Whether To Buy Or Rent A Home
(DBN)

The New 'It' Buildings In New York's Luxury Real Estate Market
(DBN)

The future of Channelside hangs in the balance --- Latest court battle begins over Channelside Bay Plaza's fate
(DBN)

Developer who failed in Norristown files for bankruptcy
(DBN)

___________

Municipalities:

Detroit Workers Plead for End to Bankruptcy Pain --- Detroit bankruptcy judge hears complaints on pension cuts, water shutoffs
(DBN)

Retiree breaks down during hearing for objectors to Detroit's plan --- Detroit residents plead with judge to keep pensions, benefits intact
(DBN)

Detroit bankruptcy judge: DWSD water shutoffs causing 'bad publicity' for city --- Hurting Detroit's reputation --- Detroit Bankruptcy Judge Steven Rhodes wants report on water shutoffs
(DBN)

Poll: Struggling Michigan cities deserve unique solutions rather than Detroit-like grand bargains
(DBN)

DIA to make major Grand Bargain announcement
(DBN)

Atlantic City Playing one last card
(DBN)

Trump Plaza is closing. This is just the latest sign of Atlantic City's dramatic decline
(DBN)

____________

Personal Finance:

11 Psychological Tricks Restaurants Use To Make You Spend More Money
(DBN)

10 Common College Purchases That Are A Waste Of Money
(DBN)

____________

Retailing:

The Quiet Hedge Fund That Came to American Apparel's Rescue
(DBN)

US Retail Sales Tick up 0.2 Percent in June
(DBN)

____________

Politics:

Elizabeth Warren bashes Wall Street in West Virginia
(DBN)

Progressives turn from Obama to embrace Warren
(DBN)

Hillary Clinton Hinted About Her Run For The Presidency On 'The Daily Show'
(DBN)

Dick Morris: Warren could beat Clinton
(DBN)

____________

Electricity:

Energy Future pulls out of Optim Energy auction
(DBN)

____________

Celebs:

‘RHONJ’ star Jacqueline Laurita and husband struggle with their finances
(DBN)

____________

Asset Protection:

Mississippi Enacts Self-Settled Asset Protection Trust Legislation
(DBN)

____________

Mass Torts:

'We're this close': Freedom ready to tear down chemical tanks
(DBN)

____________

Weather:

Downtown L.A. driest since records started in 1877
(DBN)

California's Drought Is 'The Greatest Water Loss Ever Seen,' And The Effects Will Be Severe
(DBN)

____________

Infrastructure:

House to take up highway bill as deadline looms
(DBN)

House passes highway bill as deadline looms
(DBN)

Highway Trust: We Didn't Build That
(DBN)

Tea Party Comes Out Against Highway Bill
(DBN)

____________

Education:

Here's A Map Of The REAL Most Expensive College In Each State
(DBN)

____________

Autos:

GM Has A Long History Of Stonewalling Federal Probes Into Fatal Crashes [Report]
(DBN)

____________

New Bankruptcy Opinions
(2 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (17 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (10 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)

______________

Secured Debt:

Code vs. Contract: Fifth Circuit holds that Section 506(b) Governs Recovery of Proceeds from a Foreclosure Sale After the Automatic Stay Has Been Lifted
(DBN)

____________

Settlements:

Miami Judge Nixes Ban on Lender Suits Against Fontainebleau Officers
(DBN)

____________

Plan Confirmation:

Lender Beware: Ensure Plan Releases are Limited to Debtor’s Obligations
(DBN)

____________

Professional Compensation:

Fifth Circuit Panel Urges Re-Examination of Pro-Snax
(DBN)

____________

Bankruptcy Reform:

Hearing: H.R. ____, the “Financial Institution Bankruptcy Act of 2014”
(DBN)

____________

TBTF:

Warren presses Yellen to get tougher on big banks and their ‘living wills’
(DBN)

____________

Food/Beverage:

Woman Sets New Record For The Most Expensive Starbucks Drink Order Ever
(DBN)

____________

Telecoms:

U.S. bondholders argue for full payments in Nortel bankruptcy case
(DBN)

____________

Theme Parks:

Santa's Land Owner Files For Bankruptcy
(DBN)

____________

Gambling:

Revel nets OK for asset-bidding procedures; sale hearing seen Aug. 8
(DBN)

____________

Tax:

House slashes IRS tax enforcement budget
(DBN)

Lew pushes for crack down on tax inversions
(DBN)

____________

Sovereigns:

Singer Deal Bets Extend Bond Sale Waiting Game
(DBN)

Defaults not same after Argentina
(DBN)

____________

UK:

HMRC publishes list of chargeable avoidance schemes
(DBN)

New rules ‘could save 2,000 firms a year’
(DBN)

HMRC's latest Weapon is Pointed Straight at Taxpayers
(DBN)

____________

EU:

Investors to sue Cyprus over seized deposits
(DBN)

____________

PIIGS:

Comprehensive Overall Solution for Greece's Debt by August 15
(DBN)

Gayle Killilea Dunne's former US lawyer disbarred --- Gayle Killilea to lose €60k after ex-lawyer files for bankruptcy
(DBN)

Oi partners could sue Portugal Telecom over debt deal -source --- Espírito Santo family saga is unlikely to end happily --- Portugal Telecom loses chunk of Oi merger
(DBN)

Report: A Unit Of Portugal's Troubled Espirito Santo Will File For Creditor Protection
(DBN)

____________

Canada:

Deloitte ordered to pay another $33-million in Livent negligence case
(DBN)

Budget leaves Ontario drowning in debt --- Debate Over Ontario's Finances Clear from Ratings Agency Positions
(DBN)

____________

Ukraine:

Post-Apocalyptic East Ukraine
(DBN)

____________

MENA:

Libya's Most Important International Airport Ransacked By Militants, 90% of Planes Destroyed
(DBN)

____________

Luxembourg:

Restructuring and insolvency in Luxembourg --- Restructuring and insolvency in Luxembourg (part 2)
(DBN)

____________

China:

China growth picks up as stimulus kicks in
(DBN)

China's Economy Continues to Defy Gravity. That May Not Be a Good Thing
(DBN)

____________

Austria:

World Bank to Be Hit by Austria's Hypo Alpe Bond Wipeout
(DBN)

____________

The Daily Bankruptcy News is primarily a curated news link gathering service.   This means that most of the headlines contained in the publication are a collection of links to stories posted on the Internet by various third party publications.  Such content is owned by third party sources, not The Daily Bankruptcy News, and in some cases, these links change or expire, which means you may not be able to view some news stories in prior editions of the Daily Bankruptcy News. The DBN subscription fee is not a fee for access to the content of the links, but is a charge for the considerable work involved in gathering, organizing and presenting the links. Use of this site and The Daily Bankruptcy News is subject to our Terms of Use. If you received The Daily Bankruptcy News via email (and you have a paid subscription account), to view a news story, click on the headline, and the story should open in your web browser. To view additional stories, click back to the email and click on additional headlines, which will cause new stories to open in your web browser.  You can view the Daily Bankruptcy News on the web by clicking here.

Advertising
Advertising is available in The Daily Bankruptcy News. Click here for details  Feel free to contact us with any questions.

Passwords/Subscriptions
Access to certain links in The Daily Bankruptcy News is available only to readers holding a paid service subscription.  These links are currently marked with a "DBN" notation. The cost of a subscription is $58/year, payable annually.  Volume discounts are available for sites with multiple users. Click here to see a schedule of discounts. Complimentary subscriptions are available for full-time educational and governmental employees and for full time students. For information about discounts or educational/governmental subscriptions, contact us by clicking here. A separate password is required for each member of a firm wishing access to restricted links.

New readers can receive a free password good for 30 days by clicking here. 30-day passwords are not available to readers who have previously had a password, even if the password was associated with a different email address used by the reader. Refunds are not available after purchase.

Readers who wish to change their passwords should click here. Readers who have forgotten their password should click here.

Adding Your Email Address To The Distribution List
If you would like to start receiving The Daily Bankruptcy News by email each day, click here, and fill in the information requested.  There is no charge to be placed on the distribution list to receive the headlines, although access to many of the links behind the headlines requires a paid subscription (see above, under Passwords). If, after adding your email address to the distribution list, you do not receive an email confirming the addition, please contact us by clicking here for help.  

Removing Your Email Address From The Distribution List
If you already receive The Daily Bankruptcy News by email and you wish to remove your email address from the distribution list, click here and send the email that should appear.  You do not need to type anything in the body of the email message. Note that the email asking for removal must be sent from the same email address which is on our distribution list.
If you do not receive an email confirming deletion of your email address from the distribution list, contact us by clicking here for help.

If receive the publication forwarded from an older email address, you will need to contact us as described below for help removing that older address from our distribution list.

Press Releases/News Tips
Please send press releases and news tips to admin@bkinformation.com

Contact Us
The Daily Bankruptcy News is published each business day by BKINFORMATION.COM, L.L.C.  You can reach us at 281-402-3957 or at accounting@bkinformation.com (email inquiries are usually answered substantially more quickly than phone inquiries). Our mailing address is 935 Eldridge Road, No. 350, Sugar Land, Texas 77478.

 

Copyright 2014