July 31, 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:

Biglaw Firm Ordered To Make A Video Apologizing For Discovery Abuses
(DBN)

Did prior merger cause financial issues for Bingham?
(DBN)

The 25 Highest-Grossing Firms in D.C. --- Revenue for Top-Earning Law Firms Inches Up --- Akin Reclaims Its Lead as Patton Revenue Slides
(DBN)

Business of Law
(DBN)

Why the Big Four First Failed to Crack the Legal Market
(DBN)

Zen and the Art of Lawyering
(DBN)

Are Hostile Blog Posts Clues to Dan Markel Murder Mystery?
(DBN)

Would-Be Lawyers Take To Twitter To Scream At ExamSoft Over #Barghazi
(DBN)

Don’t Go Into Debt, Become A Lawyer For Free! --- Want to avoid the costs of law school? These students try ‘reading law’ path to law license
(DBN)

The Law Schools With The Highest LSAT Scores
(DBN)

Law Firm Hiring Picking Up; Generalists, More Experience in Demand
(DBN)

9 Easy Steps For Engaging Your Top 20 Clients
(DBN)

Which Type Of Coffee Gives You The Most Energy
(DBN)

7 Timeless Fashion Rules Every Young Man Should Learn
(DBN)

No matter what anyone tells you, guys: Sweatpants are not the new jeans an hour ago
(DBN)

11 Things You Didn't Know You Could Do With Your iPad
(DBN)

Cops accuse FL woman of child neglect for letting 7-year-old son walk to the park alone
(DBN)

Teens Are Setting Themselves On Fire In Hopes Of Becoming Social Media Famous
(DBN)

Footage shows sheriff’s deputies Tasing man at least 15 times before he died
(DBN)

Flying Hatchet Nearly Impales Woman in Car on I-95
(DBN)

Where Are Refugees to the U.S. Coming From?
(DBN)

Titles of Nobility Awarded by States
(DBN)

Woman Accused of Eating Dead Bird on Train Was Just Excited
(DBN)

Lawyer-turned-witness ordered to prison for US tax fraud
(DBN)

50 Shades of Rover
(DBN)

3 Worthwhile Alternatives To Law School
(DBN)

Want to find a career outside the law? Consultants and authors provide help
(DBN)

______________

Judges:

Can You Keep a Secret? Can the Bankruptcy Court? Bankruptcy Courts Must Adequately Demonstrate the Basis for Sealing Proceedings from the Public, Media
(DBN)

How An 81-Year-Old Supreme Court Justice Became An Unlikely Pop Culture Icon
(DBN)

Judge told lawyer to run down down to local Chinese restaurant — for an interpreter
(DBN)

Law student won $100k by 'guessing answers from host's reactions'
(DBN)

Someone Really Wants To Shut Up Judge Posner
(DBN)

______________

Wall Street:

US Index Futures Slide
(DBN)

Stocks stay flat after Fed report delivers no surprises
(DBN)

______________

Layoffs:

Private Sector Reins in Pace of Hiring
(DBN)

17 High-Paying Jobs For People Who Don't Like Stress
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Banking:

Barclays profit dips 50% on decline in trading business
(DBN)

A global merger boom could help cure banks of their trading doldrums
(DBN)

BNP Paribas Posts $5.8 Billion Loss on US Settlement
(DBN)

WMI Liquidating Trust Announces Cash Distribution Of Approximately $78 Million
(DBN)

____________

Management:

6 Types Of Toxic CEOs
(DBN)

____________

Fraud:

Malpractice Suit By Stanford Receiver Dismissed Against Proskauer, Chadbourne
(DBN)

Former Madoff Employees’ Case Lingers Post Conviction
(DBN)

TelexFree co-owner pleads not guilty in alleged fraud
(DBN)

____________

Gambling:

Revel bankruptcy judge says execs could get $1.75 million in bonuses if resort sells
(DBN)

____________

Personal Finance:

A Psychologist Shares His Key To Financial Happiness
(DBN)

____________

Glass:

Missed deadline increases chances for Anchor Hocking bankruptcy
(DBN)

____________

Celebs:

Teresa Giudice Doesn't Deny Rumors About Leaving 'Real Housewives of New Jersey'
(DBN)

Foreclosure in Utopia for Rundgren
(DBN)

____________

Resorts:

Orlando's Legendary Parliament House Resort Files For Bankruptcy
(DBN)

____________

Healthcare:

Providers Collecting Old Patient Debts Beware
(DBN)

Unions seek to halt Daughters of Charity hospitals sale to Prime Healthcare
(DBN)

Surgeon walks away from deal to buy former Universal Health Care building in downtown St. Pete
(DBN)

____________

Currency:

Tokyo Police Launch Investigation Into Mt. Gox Bitcoins --- MPD, U.S. authorities to probe bitcoin withdrawals from Mt. Gox
(DBN)

Bitcoins stolen from Mt. Gox several times through hacking
(DBN)

____________

IP:

Hilco Streambank Hired To Sell Kid Brands Trademarks
(DBN)

____________

Military:

Small-Dollar Loans to Servicemembers, the Electronics Version (or an Easy Way to Get Around the Military Lending Act)
(DBN)

____________

Economy:

US economy bounces back in second quarter --- Growth rate surges to 4 percent --- There's One Big Problem With Today's Strong GDP Report --- GDP Report Still Leaves Economy Tilted Toward Tepid --- US GDP chartbook: All the numbers you need to see
(DBN)

US banks braced for large deposit outflows
(DBN)

GDP growth is the same it’s always been. That’s the good and bad news.
(DBN)

The Recovery Doesn't Look As Good After A Revision Buried In Today's GDP Report
(DBN)

Fed talks up economy but gives no hint of earlier rate hike
(DBN)

FOMC Statement: More Tapering --- Growth Rebound Stokes Fed Debate --- Fed Stays The Course --- Fed cites better economy; cuts bond buys again --- Fed more confident in job market but nods to pickup in inflation --- Behind the Fed's promise about short-term rates
(DBN)

Private-sector job growth tops 200,000 for fourth month: ADP
(DBN)

Fed meeting may give clues on interest rates
(DBN)

Alan Greenspan: 'We Are Running Out Of Buffer In The Economy'
(DBN)

Managers are nearly twice as likely as service workers to get paid time off
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

Struggling homeowners wait to get mortgage relief. And wait. And wait.
(DBN)

Bank of America fined $1.3B for bad mortgages --- Ordered to pay for Countrywide fraud
(DBN)

The Smallest Piece Of Private Property In New York City Is The Size Of A Large Slice Of Pizza
(DBN)

'Cozy Cottage' In San Francisco Costs $379K
(DBN)

___________

Municipalities:

Detroit’s Emergency Manager Reverses Course on Financial Watchdog
(DBN)

Detroit files fifth amended plan
(DBN)

Detroit creditor makes case before U.S. appeals court
(DBN)

Detroit, Syncora fight over casino money in appeals court-report --- Appeals court wary of Syncora bid to block Detroit casino cash
(DBN)

Duggan right guy for city water job
(DBN)

Detroit bankruptcy fight detours to Ohio courtroom
(DBN)

Rating Humanity's Response to Detroit's Water Crisis
(DBN)

California cities don't fare well in recovery rankings
(DBN)

Bankrupt San Bernardino looks at marijuana sales to raise funds
(DBN)

The appeal of unhappy cities
(DBN)

____________

Distressed Investing:

How One Billionaire's Bet On LyondellBasell Turned Into The Greatest Deal In Wall St. History
(DBN)

____________

Religion:

Wis. archdiocese bankruptcy case sent to mediation
(DBN)

Bankruptcy judge orders Milwaukee Archdiocese to pay attorney fees
(DBN)

Archbishop says he didn't mismanage abuse scandal --- Archbishop Nienstedt won't resign
(DBN)

Church, Not Insurers Pay, in Phoenix Priest Abuse
(DBN)

Pope Francis sounds too much like Obama to be honored by Congress, Republican says
(DBN)

____________

Autos:

Fiat 2Q profits drop by 55 percent
(DBN)

Lawyer Sues GM on Behalf of 658 Plaintiffs
(DBN)

____________

Infrastructure:

The 'Highway Cliff' Is Back, And It's Rearing Its Ugly Head Just Days Before A Potential 'Shutdown'
(DBN)

____________

Corporate Reform:

The Cost of New Banking Regulation: $70.2 Billion
(DBN)

____________

Mass Torts:

Jury selection continues in 2009 contaminated peanuts case
(DBN)

Jurors told salmonella trial may exceed 2 months
(DBN)

____________

Food/Beverage:

EB-5: Loan relied on secret, offshore investors
(DBN)

Crumbs Suitor Lemonis a Cupcake Critic—And Cupcake Baker, Too
(DBN)

____________

Tax:

Official At Center Of IRS Scandal Called Conservatives 'Crazies'
(DBN)

____________

Politics:

Obama To Republicans: ‘Stop Just Hatin’ All The Time’
(DBN)

____________

Prisons:

Temporary overseer appointed for Wyatt jail through June 2015
(DBN)

____________

Coal:

New World Resources Seeks Creditor Protection in New York
(DBN)

____________

Museums:

Philadelphia’s Please Touch Museum Says Hands Off --- Banks Eye Up Lincoln Logs As Bankruptcy For The Please Touch Museum Seems Inevitable
(DBN)

____________

Batteries:

Exide’s DIP Lenders Approve DIP Financing Increase by $60MM
(DBN)

____________

Education:

Harvard Is Only The 7th Best College In The Country, According To Forbes
(DBN)

____________

Movies:

AMC Entertainment Profit Falls as Hollywood Slate Slumps
(DBN)

____________

Publishing:

Good Enterprises trustee: some creditors got early, excess payments
(DBN)

____________

Retailing:

Goldman Sachs Predicts The Slow Decline Of Wal-Mart And Target
(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 (13 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)

______________

SIPA:

SIPC's Brokerage Account "Insurance" Scam: Take It from a Comptroller of the Currency
(DBN)

____________

Valuation:

Valuing a Secured Creditors Collateral: A Time Frame
(DBN)

____________

Discharge:

Creditors: Delete a discharged debt from a credit report or face possible liability
(DBN)

____________

Exit Finance:

IPOs back from bankruptcy
(DBN)

____________

TBTF:

Dodd-Frank doesn't end 'too big to fail'
(DBN)

____________

Glass:

Deal gives Anchor Hocking parent until March to turn glassmaker around
(DBN)

____________

Sovereigns:

No deal: Argentina in default as talks fail --- Argentina in default. Blames 'vultures.' But world pretty much shrugs. --- Argentina Teeters on Default as Talks Collapse --- Argentina's second debt default could have been avoided --- S&P: Argentina cut to selective default --- Argentina Braces For Market Reaction To Second Default In 12 years --- Argentina in default after missed payment, says S&P --- Argentina in default as 'vulture fund' talks drag on --- What Happens Now That Argentina Is in 'Selective Default' --- Argentina Defaults According to S&P: What Now? --- Latest twist in Argentina saga raises hopes of deal
(DBN)

It Depends, Argentina Edition
(DBN)

What Would a Default Change for Argentina?
(DBN)

Argentina credit story grows murkier as talks collapse
(DBN)

Argentina 2033 bond stable after talks to avoid default collapse
(DBN)

Argentina's Default Dancers Trip as Music Stopped
(DBN)

Argentina Decides Talking To Paul Singer Maybe Not Worse Than Defaulting At Midnight
(DBN)

Argentina Finally Makes An Offer Worth Listening To
(DBN)

Paul Singer Doesn't Understand Why We're So Obsessed With His Little Argentina Investment --- 'Vultures' again circle as Argentina faces possible default crisis --- Will Singer's Prophecy Come True if Argentina Defaults?
(DBN)

In Hedge Fund, Argentina Finds Relentless Foe
(DBN)

It's not just hedge funds that own Argentine bonds
(DBN)

Collective action clauses in focus
(DBN)

Q. & A.: Exploring What's Behind the Battle Over Argentina's Debt
(DBN)

Argentina Debt Crisis Is Contained: GMP's Miller
(DBN)

Axel Kicillof Is Argentina's Secret Weapon Against Default --- Kicillof holds New York press conference --- Kicillof confirms no deal with holdouts reached, Argentina will analyze other options to pay bondholders
(DBN)

Argentine Banker Said to Propose Accord to Avert Default
(DBN)

Clock ticking on Argentine default
(DBN)

Today's the Day for Argentina and Its Vultures
(DBN)

A Timeline Of Argentina's Sordid History With Default
(DBN)

Final Round For Argentina Vs. Billionaire Paul Singer's Elliott As Default Is Hours Away
(DBN)

Argentines shrug off risk of default
(DBN)

What Are the Ripple Effects if Argentina Defaults?
(DBN)

Argentina CDS Holders Face Likely Wait
(DBN)

Argentina president 'spent £20k a DAY having papers delivered' as country faces bankruptcy
(DBN)

____________

UK:

Manufacturing sector suffers nearly 20% increase in insolvencies
(DBN)

Bank of England unveils plans to lock up bankers' bonuses for seven years --- London's bankers can now be forced to pay back bonuses long after
(DBN)

Britain Upholds Ban of Defunct Hedge Fund's Former Chief
(DBN)

Euler Hermes net income up 4.1% for H1
(DBN)

Proposed Insolvency Act changes for IT and telecoms providers
(DBN)

____________

EU:

IMF says Cyprus will need more spending cuts --- IMF: if bill not passed, Troika will come back
(DBN)

Eurozone inflation falls to fresh low of 0.4%
(DBN)

____________

PIIGS:

Ex-Irish Bankers Spared Jail May Scrub Graffiti Instead --- Fitzpatrick challenges legal costs ruling after being found not guilty --- Liquidator for firm that owes NAMA more than €71m --- Dunne claims email accounts hacked and NAMA data leaked
(DBN)

How a Portuguese banking mess took down a dynasty --- Major Portuguese Bank Crashes --- Banco Espirito Santo Plunges After Posting 3.6 Billion-Euro Loss --- BES seeks capital as key staff suspended after massive losses
(DBN)

____________

Canada:

Canada’s Economy May Be Stuck in Low Gear for Next Few Years
(DBN)

The View From Up North: Phantom Of The Opera Disbarred
(DBN)

____________

MENA:

To celebrate Muslim religious holiday, Islamic State jihadists issue 30-minute killing spree on video
(DBN)

Sheer Carnage As Israel Pounds Gaza
(DBN)

____________

Russia:

Yukos Hunting Rosneft, Gazprom Assets From Venezuela to Vietnam
(DBN)

Russia ordered to pay additional $2.7b over Yukos
(DBN)

Russian officials at odds over Mechel bailout
(DBN)

How to tell if the new sanctions on Russia are working
(DBN)

A Russian Soldier's Instagram Posts May Be The Clearest Indication Of Moscow's Involvement In East Ukraine
(DBN)

____________

Korea:

?Korean handset maker Pantech saved from bankruptcy
(DBN)

____________

Bulgaria:

German Intelligence: Russia Has An Interest In Bulgaria's Bankruptcy
(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