July 3, 2014

The Daily Bankruptcy News

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Due to the Independence Day holiday, The Daily Bankruptcy News will not publish on Friday, July 4, 2014

Law:

Much Maligned Law School Cuts First-Year Class, Announces Layoffs
(DBN)

What Happens When You Lose The Law School Lottery
(DBN)

What GCs Really Think About Law Firm Marketing
(DBN)

Record-Setting Law Firm Merger Pace Continues
(DBN)

Back In The Race: Does Experience Matter?
(DBN)

A Wachtell Lipton Partner’s Mysterious Departure
(DBN)

Why We Hated Being Summer Associates
(DBN)

Take The ATL Summer Associate Reality Check
(DBN)

Preventing Depression Among Lawyers
(DBN)

Law School Lemmings
(DBN)

More Rankings Based on LSAT, Employment, and Citations
(DBN)

Judge finds for Womble Carlyle in discrimination lawsuit over fired employee
(DBN)

Gossip and News Roundup
(DBN)

HP Hired The Lawyers Who Were Suing It And Could Pay Them Up To $30 Million
(DBN)

Cooley Law School loses 6th Circuit defamation appeal --- Cooley Law Suffers Setbacks Financially and in Court
(DBN)

11 Tips to Make Sure BYOD Isn't BYO Headache
(DBN)

Lawmaker lied to FBI about son’s law firm job, feds say; did lobby group fund son’s $50K raise?
(DBN)

Solo claims two law firms stole his website content, harming his Google search-result position
(DBN)

A Legal Preview of House v. Obama
(DBN)

Congressman Denied Access to Immigrants --- Undocumented Children Are Now Being Housed At 4 Different Military Bases
(DBN)

Habits That Exude Success
(DBN)

PA high school principal cancels musical theatre production over same-sex wedding scene, claims no gays in his town
(DBN)

FL ‘sovereign citizen’ names imaginary nation to claim ‘diplomatic immunity’ from traffic laws
(DBN)

School suspension of boy, 7, who chewed pastry into gun shape is upheld by hearing officer
(DBN)

Walgreens employee fired for eating $1.39 bag of chips accepts $180K settlement
(DBN)

Man With Only One Arm Fined for Riding His Bike With Only One Brake
(DBN)

Guy Dusts Off Classic Domino's Pizza Prank, Finds It Still Works
(DBN)

Man whose mugshot went viral now has Hollywood modeling agent, but remains in jail on $1.1M bail
(DBN)

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Judges:

60 years of growing polarization at the Supreme Court
(DBN)

A ‘specious unanimity’? Concurrences in some unanimous SCOTUS cases are as angry as dissents
(DBN)

WD MI: Investiture Ceremony - Judge Gregg
(DBN)

Judge Posner says: The American people know more about the CIA than they know about the federal judiciary.
(DBN)

The Story Of Why One Of America's Most Renowned Judges Is Feuding With Antonin Scalia
(DBN)

Who Do You Take Seriously In The Hobby Lobby Debate? --- 'Hobby Lobby' Leaves Employers in Limbo, Say Critics --- For Corporate America, Opposing Birth Control Is A Terrible Idea
(DBN)

How the Supreme Court Changed America This Year
(DBN)

Judge erred by jailing man over $508.27 debt, observers contend
(DBN)

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Wall Street:

US futures edge higher with focus on data
(DBN)

Global shares near record highs
(DBN)

Stocks Close at Record Highs as US Hiring Surges
(DBN)

Goldman ‘Boys Club’ Accused of Mocking Women as 'Bimbos' and 'Party Girls' --- Lawsuit Alleges Sexual Harassment, Unequal Pay, And Menial Tasks Given To Female Employees At Goldman Sachs
(DBN)

Google Is Being Forced To Censor The History Of Merrill Lynch — And That Should Terrify You
(DBN)

10 Things You Need To Know Before The Opening Bell
(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 Judge Says Hiding Switch Defect Would Have Been Fraud --- Will U.S. Bankruptcy Judge's Comments Affect General Motors Stock?
(DBN)

Lawyer says newer GM owners can't sue over ignition recalls
(DBN)

Bankruptcy Judge Sets Schedule for GM Ignition Switch Fight --- Bankruptcy Judge Sets Schedule for GM ‘Economic Victims’ Fight
(DBN)

Feinberg Hears GM Victim Tales Month Before Program Start
(DBN)

GM Opens Its Wallet -- Holman Jenkins Jr. on GM's plan to compensate for defects
(DBN)

GM Bankruptcy Judge Urges Focus on Due Process Issues
(DBN)

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Finance:

The companies with the most to lose from the Ex-Im Bank battle
(DBN)

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Corporate Reform:

The way for regulators to hit a bank where it hurts: a ban from markets
(DBN)

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Opera:

Revival Is on the Table for Bankrupt New York City Opera
(DBN)

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Religion:

Randy White's Church Aims to Turn Bankruptcy Into Blessing
(DBN)

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Funeral Industry:

With mausoleum closed, bankruptcy trustee put in charge of Memory Gardens
(DBN)

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Hotels:

Bankruptcy auction set for part of Canyon Ranch Hotel in Miami Beach
(DBN)

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Telecoms:

LightSquared strikes new $3B restructuring deal, but Dish's Ergen looms as a stumbling block
(DBN)

Inmarsat Not Yet Received LightSquared Payment Under Cooperation Agreement
(DBN)

Harbinger To Get 12.5% Of LightSquared Under New Bankruptcy Plan
(DBN)

MIG to explore sale in Chapter 11
(DBN)

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Economy:

Yellen: Seeing pockets of increased risk-taking
(DBN)

Yellen sees little threat to financial stability
(DBN)

Yellen: Monetary policy not the right tool to curb financial excesses
(DBN)

Consumers are Still Cautious About U.S. Economy
(DBN)

Why the world is choking on debt: Nouriel Roubini
(DBN)

US factory orders hurt by defense; investment appetite positive
(DBN)

Global warming, aging to hit global growth: OECD
(DBN)

ADP Says Private Sector Added 281K Jobs In June, Other Data Suggests Slight Slowdown In Small Business Hiring --- What the Strong ADP Data Mean for Jobs Report
(DBN)

Conservatives say the U.S. has done enough to create equality for blacks. Young liberals agree
(DBN)

Preview: Employment Report for June --- Get Ready For The Most Exciting Jobs Report In A Long Time
(DBN)

32 States Trail US in Job Recovery
(DBN)

Nevermind the headlines, today's jobs report is all about discouraged workers
(DBN)

Benjamin Button counties: Where the median age is getting younger
(DBN)

How bad policy is making the Great Recession’s damage permanent
(DBN)

Thursday: Employment Report, Trade Deficit, Unemployment Claims, ISM Service
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

MBA: Mortgage Applications Decrease Slightly in Latest MBA Weekly Survey
(DBN)

Reis: Apartment Vacancy Rate unchanged in Q2 2014 at 4.1%
(DBN)

Missing Piece Of The Housing Recovery
(DBN)

Rigid Credit Score Standards Hold Back Housing Recovery
(DBN)

The Most Expensive Celebrity Homes In New York City
(DBN)

WI: Connelly Filing bankruptcy? Downtown developer allegedly met with attorney Monday
(DBN)

Vinik prevails at Channelside auction --- Vinik wins Channelside auction but faces court battle --- Port board accepts Vinik bid for Channelside
(DBN)

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Municipalities:

Creditors Win Bid to Challenge Detroit Bankruptcy --- Syncora Can Fight Detroit Over $15 Million Casino Take
(DBN)

Bankrupt Detroit subpoenas news publication over Kwame Kilpatrick award --- Detroit bankruptcy lawyers probe award for Kilpatrick pension deal
(DBN)

So Calling a Detroit Politician a Dictator Online Can Get You Sued
(DBN)

Duggan is making his mark early as Detroit mayor
(DBN)

Cash-Strapped Utility Drains Puerto Ricans
(DBN)

Puerto Rico Drops to Level Unprecedented for Bonds
(DBN)

Puerto Rico begins circling default (again)
(DBN)

Puerto Rico is in a tight spot over its $70 billion in debt yet again
(DBN)

Is Puerto Rico going to default?
(DBN)

West Hazleton opts for help after Act 47
(DBN)

These 10 States Carry The Most Credit Card Debt In The Country
(DBN)

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Shipping:

US judge clears way for Genco Shipping to exit bankruptcy
(DBN)

Genco Wins Approval of Restructuring Plan and Valuation
(DBN)

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Television:

Disgruntled cable carrier drops complaint against CSN Houston — for now
(DBN)

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Politics:

Poll: Obama Worst Modern-Day President
(DBN)

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Fraud:

TelexFree President Seeks to Free Frozen Funds
(DBN)

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Food/Beverage:

Fresh & Easy Bankruptcy Exit Plan Approved, Creditors Paid In Full
(DBN)

Quiznos Says It Has Exited Bankruptcy; Court Says Different
(DBN)

The Best-Tasting Fast Food In America
(DBN)

11 Worst Fast Food Restaurants in America
(DBN)

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Video Games:

Questions about 38 Studios
(DBN)

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Aviation:

State fund plans to take Malaysia Airlines private for restructuring: sources
(DBN)

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Roads:

With No Transport Funding Fix, USDOT to Cut Payments to States Next Month
(DBN)

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Bankruptcy Crimes:

John Wiley Price declines to say whether he’ll meet with feds
(DBN)

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Entertainment:

Prince Music Theater threatens to close due to funding woes
(DBN)

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Alternative Energy:

Court approves Martifer Solar USA sale to BayWa
(DBN)

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Celebs:

Warren Sapp Flooded With Bankruptcy Insults For Stiffing Waitress
(DBN)

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Healthcare:

Children's Hospital of Orange County lays off 89 employees
(DBN)

Eastern Niagara Hospital announces 60 layoffs
(DBN)

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Education:

Poorly Performing For-Profit Colleges Likely Closing
(DBN)

Corinthian Colleges Is Closing. Its Students May Be Better Off as a Result
(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 (14 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (3 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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Jurisdiction:

It’s About Time!: Supreme Court Grants Cert to Decide Meaningful Stern v. Marshall Questions
(DBN)

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Eligibility:

Local gay couple wants to file jointly for bankruptcy
(DBN)

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Sales:

Rights of First Refusal in Bankruptcy Sales – Bankruptcy Court Finds Provision in Operating Agreement Unenforceable
(DBN)

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TBTF:

Regulators Release Latest 'Living Wills' for Big Firms
(DBN)

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Litigation:

3 Rules for Using Metadata in Litigation
(DBN)

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Electricity:

Energy Future execs, directors paid $25.5M before bankruptcy
(DBN)

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Retailing:

Americans falling out of love with shopping malls
(DBN)

Store Closures May Send More Mid-Market Retailers Into Spending Spiral
(DBN)

Target 'respectfully requests' shoppers don't pack heat --- Target announces but won't enforce gun ban
(DBN)

Ousted American Apparel CEO hands over stake to hedge fund
(DBN)

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Student Debt:

Dems Rush To Propose Student Loan Legislation In Election Year
(DBN)

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Mass Torts:

Freedom wants new environment official
(DBN)

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Sovereigns:

Argentine Consensus Emerges: Pay Off Debt
(DBN)

Hedge funds challenge Kicillof to meet them on Thursday in Washington
(DBN)

Don’t Cry for Them: The World’s Biggest Sovereign Defaults Since 2000
(DBN)

Don’t go bust for me, Argentina: How bankruptcy laws are bankrupting states
(DBN)

Argentina wants bond payment unfrozen if debt talks to go on
(DBN)

US bank caught in bonds litigation requests guidance from Judge Griesa
(DBN)

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UK:

HMRC pay up first powers could trigger 'wave of insolvencies' --- HMRC rejects insolvency fear claims
(DBN)

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EU:

Eurozone growth stalls as France's decline worsens
(DBN)

Cypriot Economy Expected to Return to Growth Next Year --- Cyprus growth outlook tempered by nonperforming loans - IMF --- Banks getting to grips with bad loans
(DBN)

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PIIGS:

Alitalia pilots and flight crew set strike for July 20 --- Bank Wants Union Support Prior To Alitalia Investment
(DBN)

Samaras Says Greece Is No Argentina, Has Confidence of Markets
(DBN)

Ireland Trims 20% off 2016 Debt Repayment in Bond Buyback, Swap --- AIB calls in receiver as Anthony O'Reilly loses fight for delay
(DBN)

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India:

India saw one bankruptcy suicide every three hours in 2013
(DBN)

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Kazakhstan:

Kazakhstan’s New Rehabilitation and Bankruptcy Law
(DBN)

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Serbia:

Serbia: not bankrupt , yet
(DBN)

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Mexico:

Collection South Of The Border Against Seashore Village Held In Fideicomiso Trust
(DBN)

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China:

Chinese bank sues local govt property company in rare public spat
(DBN)

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Czech Republic:

Billionaire Threatening Liquidation Spurs Record NWR Selloff
(DBN)

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Brazil:

Bankruptcy Basics Under Brazilian Law
(DBN)

Brazil's Caixa eyes sale of distressed loans, sources say
(DBN)

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S. Korea:

Pantech, Korea's 3rd largest smartphone manufacturer, to go bankrupt
(DBN)

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