July 23, 2014

The Daily Bankruptcy News

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Law:

Ex-Dewey & LeBoeuf Executives Settle With Bankruptcy Trustee
(DBN)

Merger talk involves Morgan Lewis once more
(DBN)

Law School Applicant Pool Continues to Shrink --- Applications down 37 percent since 2010; first-year class could be smallest in 40 years
(DBN)

Change afoot in American civil justice system
(DBN)

The Greatest Letter Ever? The ATL Lawyer Letter Bracket — Day 1
(DBN)

A Law Firm’s Absurd Personal Grooming Rule That Brings Winning Results At Trial
(DBN)

In-house Litigators Cite Frustrations and Challenges
(DBN)

High applications to new law school show ‘pent-up demand,’ law dean says; tuition is $14K
(DBN)

Why One Law School Is Bucking The Downward Trend On Applications
(DBN)

Law prof’s shooting wasn’t a burglary gone bad; he was ‘intended victim,’ police say --- More Memories Of Professor Dan Markel
(DBN)

Longtime attorney gives up practice to help lawyer-patients deal with ‘spirit-killing’ profession
(DBN)

Beyond Biglaw: When You Need It, Build It
(DBN)

101-year-old lawyer is still working at Fox Rothschild
(DBN)

Faces of the Border Crisis --- Border Agent Draws Gun on Boy Scout
(DBN)

Habits That Will Help You Beat The 3 P.M. Slump
(DBN)

The 6 People You Need In Your Professional Network
(DBN)

Apple’s real iPad problems are the iPhone and Mac
(DBN)

11 Habits Of Extremely Boring People
(DBN)

Tips For Getting Along With Anyone
(DBN)

Ways To Destroy Your Reputation At Work
(DBN)

Donald Sterling Is In Danger Of Defaulting On $500 Million In Loans If He Refuses To Sell The Clippers --- Doc Rivers Quitting Clippers If Donald Sterling Stays
(DBN)

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Judges:

6th Circuit says man can’t sue judge who had affair with his wife during child-support case
(DBN)

Judge: ‘“You’re An A**hole, Dan” Is Not How An Attorney Should Address Her Adversary.’
(DBN)

Jurors submit 281 questions to judge in hiring corruption trial
(DBN)

Kozinski dissent: ‘Firing squads can be messy’ but they are better than lethal injection
(DBN)

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Wall Street:

US Stock -Index Futures Rise Amid Earnings Reports
(DBN)

Solid earnings drive more gains in US stocks
(DBN)

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Layoffs:

9 Things Interviewers Wish They Could Tell Every Job Candidate
(DBN)

30 Smart Answers To Tough Interview Questions
(DBN)

Don’t give up on America’s long-term unemployed just yet
(DBN)

Arch Coal to lay off 213 workers
(DBN)

Broadcom winds down baseband unit, cuts 2500 jobs
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Mass Torts:

Travelers ordered to pay over $500 mln in asbestos case
(DBN)

For Freedom Industries, a Small Price to Pay for Poisoning West Virginia Water
(DBN)

Freedom insurance settlement hits potential snag
(DBN)

Lac-Mégantic's 'train from hell' goes to auction
(DBN)

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Aviation:

CLEAR Zips Back Into the Fast Lane
(DBN)

Malaysia Airline says future secure --- Best Thing For Malaysian Air May Be to Go Bust --- Carrier Losing $1.6 Million/Day; Crisis Management Experts Suggest Hiring Risk Expert as CEO
(DBN)

Honolulu suspends routine flight operations
(DBN)

Experts Say MH17 Passengers Were Probably Unconscious Before They Knew What Was Happening --- MH17: US Finds No Direct Russian Link
(DBN)

The spin-offs that followed Air Canada's bankruptcy
(DBN)

US airlines are still flying over these war zones
(DBN)

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Gambling:

Heist is latest dis for battered Atlantic City casinos
(DBN)

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Banking:

Bet on Failed Bank IndyMac Creates Windfall
(DBN)

US Slams Deutsche Bank for Inadequate Oversight
(DBN)

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Alternative Energy:

South Korean Company Buys ClearEdge Power
(DBN)

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Hockey:

Glendale mayor believes Coyotes' deal with city was done in violation of state law
(DBN)

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Corporate Governance:

Bylaws and Arbitration
(DBN)

Plaintiffs lawyers fight ‘loser-pays’ bylaw adopted in middle of shareholder suit
(DBN)

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Currency:

Mt. Gox Creditors' Meeting Delivers Few Answers and One Apology
(DBN)

Ex-Goldman Trader’s Bitcoin Exchange to Fill Mt. Gox Void
(DBN)

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Movies:

Control of Parker movie awarded to investors
(DBN)

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Construction:

Lights out for D.C.'s largest electrical contractor
(DBN)

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Economy:

Key Measures Show Inflation mostly at or below Fed's Target in June
(DBN)

Fed Chair Yellen Is Right To Be Worried About Economic 'False Dawns'
(DBN)

America's 10 Fastest Shrinking Companies
(DBN)

Millennials Prefer Cash Investments Over Stocks, Real Estate
(DBN)

The State Of Economic 'Misery' Around The World
(DBN)

First Look at 2015 Cost-Of-Living Adjustments and Maximum Contribution Base
(DBN)

The 9-to-5 workday is practically an invitation to ethical lapses. Here’s why.
(DBN)

Seven charts that leave you no choice but to feel optimistic about the US economy
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Delaware Judge Faults Ocwen for Pushing Homeowners to Bankruptcy
(DBN)

Homes sales improve but stress remains
(DBN)

A Few Comments on Existing Home Sales
(DBN)

Strong Arm Powers: For Want of An “S” the Mortgage Was Lost
(DBN)

Why you may be paying for someone else’s mortgage relief
(DBN)

PHH Challenging Huge Award in Modification Lawsuit
(DBN)

Judge sets trial to determine August Wilson Center's future
(DBN)

YouTube restores video of protest at eviction lawyer’s seminar
(DBN)

The 15 Most Expensive Homes For Sale In The New York City Suburbs
(DBN)

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Municipalities:

Bond insurers vow to fight Detroit financial plan
(DBN)

Detroit’s record bankruptcy is likely to hit investors much harder than pensioners
(DBN)

Detroit bankruptcy pension cuts approved, with only half casting votes
(DBN)

Detroit Deal May Mean Pension Cuts Elsewhere
(DBN)

Vote on plan of adjustment major win for Orr; other obstacles remain
(DBN)

Detroit’s Bankruptcy Repudiation of COPs Defies History
(DBN)

Detroit mayor Mike Duggan joins trend of starting private nonprofit fund to support 'Detroit's agenda'
(DBN)

A New Site Allows You to Pay a Detroit Resident's Water Bill
(DBN)

Detroit's Fight for Water Rights Is Showing How to Battle (and Beat) Austerity
(DBN)

'Water affordability fair' scheduled for Detroit residents
(DBN)

Puerto Rico debt crisis headed for U.S.-style bankruptcy resolution
(DBN)

Hedge fund sues Puerto Rico over new bond law --- BlueMountain Capital Fights Puerto Rico Restructuring Law
(DBN)

Painful reckoning looms for Puerto Rica bondholders
(DBN)

Why New Jersey's pension crisis is just heating up
(DBN)

Steve Wynn Knew Back In The 1980s That Atlantic City Was Doomed For Obsolescence --- When the chips are down in AC, everyone loses --- Atlantic City Workers Stunned As Casino Economy Begins to Crash --- Atlantic City-area politicians seek 4-month delay in closings of Showboat, Trump Plaza casinos
(DBN)

Here's How Much Government Employees Make In Each State
(DBN)

Fiscal Distress and Politics: The Bankruptcy Filing of Bridgeport as a Case Study in Reclaiming Local Sovereignty
(DBN)

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Resorts:

It's Getting Ugly Now In One Bal Harbour. Partner Wants $17.5 Million For Fraud
(DBN)

The Colony chess game coming to a painful close
(DBN)

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Healthcare:

Federal Appeals Court Deals Potentially Huge Blow To Obamacare --- Healthcare Premiums Would Explode If Obamacare Ruling Stands --- Second federal appeals court rules on health-care law, setting up a same-day circuit conflict --- Split Rulings Over Obamacare Point to Another Supreme Court Showdown --- Here’s what Obamacare’s authors said they actually meant
(DBN)

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Compensation:

Study Finds That Narcissistic CEOs Have The Highest Salaries
(DBN)

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Tax:

Companies Are Dodging US Taxes Like Never Before, And Lawmakers Are Worried
(DBN)

Up to 25 more US companies set to move overseas to cut tax bills
(DBN)

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Food/Beverage:

When the cupcake crumbles
(DBN)

Ackman misfires on Herbalife "death blow," shares surge
(DBN)

Herbalife CFO: We May Sue Bill Ackman
(DBN)

Bill Ackman just enriched a man he loathes with his failed Herbalife "death blow"
(DBN)

Bella's Markets in 3 Colorado towns closing; empty shelves focus of investigation
(DBN)

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Pensions:

Judge orders PBGC to turn over documents in Delphi pension suit --- Delphi retirees cheer federal ruling
(DBN)

Unions, Christie clashing again over pensions --- Christie: Public workers' benefits must be cut
(DBN)

Why more companies want pensions off their books
(DBN)

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Environmental:

GM bankruptcy: How corporate polluter saved $16 million on Ley Creek cleanup
(DBN)

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Autos:

GM Sales Surge Amid Recalls as Barra Quality Sells
(DBN)

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Nightlife:

Greenwich Village nightclub bankruptcy unearths partner dispute
(DBN)

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New Bankruptcy Opinions
(3 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (15 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (12 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:

Rich States, Poor States: The Disparate Impact of BAPCPA on High- and Low-Median Income State Residents
(DBN)

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Plan Confirmation:

Court Thwarts Debtor's "Obvious Gerrymandering" to Obtain Plan Confirmation
(DBN)

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Liquidation:

Disposition Firms Maximize Value by Leaving No Stone Unturned
(DBN)

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Miscellaneous:

The Benefits of Failure - Four years after the passage of Dodd-Frank, a reminder that bankruptcy works - even for big financial houses
(DBN)

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Discharge:

Release Me! Release Me!: S.D.N.Y Bankruptcy Court Upholds Certain Non-Consensual Non-Debtor Releases Granted by Unimpaired Creditors and Equity Holders
(DBN)

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Recent Pleadings:

DLA Piper Pays $100,000 To Resolve Employment App Controversy
(DBN)

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Education:

For-Profit That Took Over 4 Corinthian Campuses Files for Bankruptcy
(DBN)

Bryman College owner with San Jose, Hayward schools files for bankruptcy
(DBN)

Historically black colleges face uncertain future
(DBN)

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Celebs:

Sonja Morgan Drops The Price Of Her NYC Home By Nearly $500K — Needs To Sell To Help Pay Off Debts?
(DBN)

Carmelo Anthony becomes venture capitalist
(DBN)

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Television:

Even under Chapter 11, red ink keeps piling up for CSN Houston
(DBN)

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Skiing:

Bankrupt Mount Baldy ski resort is up for sale
(DBN)

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Sovereigns:

U.S. Judge Denies Argentina More Time to Negotiate --- Judge orders Argentina, holdouts to meet until deal reached
(DBN)

Argentina Just Played Its Final Card... And It Lost
(DBN)

Holdout fund decries Argentina's position ahead of hearing --- 'Argentina's leaders have no interest in negotiating'
(DBN)

Exorbitant privilege, meet pari passu
(DBN)

Argentine bonds reverse gains after debt case hearing
(DBN)

US Judge Griesa rejects stay request, Argentine lawyers say deal not possible by July 30 without stay
(DBN)

Argentina Caught in Bond Limbo as $539 Million Held Up by Griesa
(DBN)

US takes draconian position on Argentine debt
(DBN)

Argentine default in balance as government refuses to capitulate
(DBN)

Let's Not Pay Our Debts Because … “I choose Argentina ”
(DBN)

Argentines Ready For A Lost Year
(DBN)

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PIIGS:

ΒοG: Two thirds of Greek enterprises face problems in debt servicing --- Number of firms filing for bankruptcy in Greece drops
(DBN)

Luxembourg accepts Espirito Santo stakeholder's creditor protection claim --- Portugal's BCP easily raises 2.25 bln euros despite BES woes --- Espirito Santo family woes mount as Rioforte seeks creditor protection
(DBN)

Sorgenia restructuring deal with banks very close
(DBN)

ie: Mental capacity law added to insolvency cases --- Sean, Gayle and a 'secret' Swiss bank account
(DBN)

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MENA:

FAA Halts All US Flights To Israel
(DBN)

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China:

China’s enormous bad debts may mean good times for bankruptcy experts --- Looming Bad Loans Are Good News For Distressed Debt Investors
(DBN)

As credit dries up, troubled Chinese steel makers lose lifeline
(DBN)

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Russia:

Court to hear former Yukos owners $103 billion suit vs Russia --- Ruling in Yukos shareholders' $100-bln suit against Russia expected Monday
(DBN)

Russia Sanctions: Economic Meltdown Scenario --- Sanctions: Top 10 Russian Targets
(DBN)

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India:

RBI working on system for exit by businesses facing bankruptcy
(DBN)

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