July 7, 2014

The Daily Bankruptcy News

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Law:

Remember Jones Day’s Hissy Fit C&D Letter? Here’s The Response!
(DBN)

Legal Sector Adds 1,200 Jobs in June
(DBN)

Summer Is Here: Time To Pack Your Bags And Lateral?
(DBN)

N.J. Justices Give OK to Volunteer Lawyers in Bankruptcy Cases
(DBN)

A-List Law Firms Have Feet of Clay
(DBN)

Contract Attorney's Overtime Case Against Quinn Emanuel to Move Forward
(DBN)

Bankrupt Law Firms Can't Claim Future Profits From Clients, Court Rules --- NY Court of Appeals to Bankruptcy Trustees: Partner Matters Are Not Law Firm Property
(DBN)

Designing your law office to save money and boost productivity—without sacrificing style
(DBN)

Clients take charge of pricing and demand alternatives
(DBN)

What the Rise of Pricing Officers Says About Big Law's Future
(DBN)

Clifford Chance and Allen & Overy in record cash haul
(DBN)

Lawyerly Lairs: A Powerful Paul Weiss Partner’s Penthouse — On Sale For $15 Million
(DBN)

Judge sanctions lawyer who claimed ‘rogue attorney’ appeared on his behalf
(DBN)

Suits Over Law School Come-Ons Wind Down
(DBN)

Law student jailed for framing boyfriend
(DBN)

Law firm video from 1981 is incredible
(DBN)

The Reign Of Windows At Work 'Is Coming To An End' And Macs Are Rising Fast
(DBN)

10 Tricks That Will Help You Appear Smart During Meetings
(DBN)

Ranked: The Best Smartphones In The World
(DBN)

Boehner: Here's Why I Have To Sue Obama Now
(DBN)

Conservatives Are Purposely Making Their Cars Spew Black Smoke To Protest Environmental Laws
(DBN)

The 13 Best Health And Fitness Apps --- The 12 Best Apps For Summer
(DBN)

Police Officer Caught Beating Up A Woman
(DBN)

Snowden Strikes Again --- Is There a Second NSA Leaker? --- NSA Hauls in Baby Photos, Resumes --- Soviet Defector's Unparalleled Trove Of KGB Secrets Made Public
(DBN)

America Should Get Rid Of The Jury Trial
(DBN)

Many Founding Fathers Were Shockingly Young When The Declaration Of Independence Was Signed In 1776 --- Inspiring Quotes On Life, Liberty, And The Pursuit Of Happiness From Every US President
(DBN)

Cop-Turned-Demonologist Says 'Possessions' on Rise
(DBN)

World's Worst Criminals
(DBN)

Poll: 90% Wants Background Checks for Guns
(DBN)

Congress on Border to Investigate Crisis --- Obama Under Pressure to Visit Border --- What's really happening on the border --- South Texas shows drama behind illegal immigration
(DBN)

Texas Rancher Discovers $2M Marijuana Growing Operation on His Land
(DBN)

Told of dad’s Web searches and sexting, judge OKs murder case in toddler’s hot-car death
(DBN)

Partner and associate arrested at law firm on drug charges
(DBN)

TX: Partner Arrested for Prostitution After Alleged $60-for-Sex Agreement
(DBN)

Lawyer cleared of assaulting wife who had affair with trainer
(DBN)

DLA Piper partner faked expenses because he "missed children's lives"
(DBN)

Man Attacked With Sword -- Over $6 Walmart Card
(DBN)

Robbers Sawed Hole in Bank Roof While Everyone Else Watched Fireworks
(DBN)

Man attacks neighbor with pitchfork
(DBN)

______________

Judges:

The Uncomfortable Question: Should We Have Six Catholic Justices on the Supreme Court?
(DBN)

Judge Sues After Getting Traffic Camera Ticket
(DBN)

Female Justices Issue Scathing Dissent In The First Post-Hobby Lobby Birth Control Exemption
(DBN)

Hobby Lobby Decision Motivating Others --- Hobby Lobby Case: Who Really Lost? --- Hobby Lobby and the cultural divide --- Legal Experts: Hobby Lobby Case Empowers Millions of Corporations to Sue Gov't
(DBN)

Will Alito be more influential than Scalia?
(DBN)

Who Would You Want On The Supreme Court?
(DBN)

______________

Wall Street:

US stocks look to Fed minutes after holiday --- Stock futures slip
(DBN)

Stocks close at all-time highs
(DBN)

27 Stocks Traders Are Shorting Like Crazy
(DBN)

The 45-Country All World Stock Market Index Sets An All-Time High
(DBN)

Why trading volume is tumbling, in five charts
(DBN)

______________

Layoffs:

The States With The Worst Unemployment Rate In The Country
(DBN)

40% of Jobless are Millennials
(DBN)

Here's What Hiring Managers Really Want To Know When They Ask Why You're Leaving Your Current Job
(DBN)

Teens, Blacks And The Uneducated Have It The Worst In The US Job Market
(DBN)

Many Millennials Are Overqualified For Their Jobs
(DBN)

Larry Page's Plan To Deal With All The Jobs That Are Getting Wiped Out By Technology
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Education:

Reports: Corinthian Colleges throws in the towel --- Colleges Start Closing Campuses --- To sell most operations
(DBN)

Possible closure of Everest College catches students by surprise
(DBN)

ITT's federal compliance scramble differs from Corinthian's shut down
(DBN)

____________

Corporate Governance:

Two Companies Say Yes to New ‘Loser Pays’ Option
(DBN)

____________

Baseball:

San Angelo Colts File for Bankruptcy to Save Stadium
(DBN)

____________

Television:

30-day extension granted in CSNH case to review new offer
(DBN)

____________

Corporate Reform:

How Obama can rein in Wall Street without going through Congress
(DBN)

____________

Resorts:

Colony Judge reversed again
(DBN)

____________

Oil/Gas:

Buccaneer Energy wants to auction Alaska oil and gas interest in bankruptcy proceedings
(DBN)

____________

Politics:

Waiting for Warren
(DBN)

The Elizabeth Warren Demonization Society
(DBN)

Hating on big banks and big business could be the next big thing in Washington
(DBN)

____________

Music:

Music Biz Alarm: All Albums Down 14% 1st Six Months 2014, Streaming Way Up: Kids Don’t Want to Own the Music
(DBN)

____________

Celebs:

Lawyer: Casey Anthony Lives Like a Hermit
(DBN)

Broke ‘Mambo Kings’ star had to borrow to bail out gal pal
(DBN)

____________

Alternative Energy:

Miss. gives KiOR 4 months to repay loan
(DBN)

____________

Nuclear:

USEC gives new meaning to "going nuclear"
(DBN)

____________

Coal:

No Bonds Left Behind in Rally Except Coal-Producer Debt
(DBN)

____________

Economy:

Unemployment rate falls to 6.1% --- Robust Job Gains Mask Soft Spots in Economy --- Is this the jobs recovery we’ve been looking for? --- Job gain stretches to 5 months in row --- People voluntarily leaving jobs at highest rate since 2009 downturn --- Hiring Pickup Aided By Rare Source of Strength: Governments --- Record Number of Americans Not in Labor Force in June --- What's the Real Unemployment Rate? --- More Employment Graphs: Duration of Unemployment, Unemployment by Education, Construction Employment and Diffusion Indexes
(DBN)

How Every U.S. State Has Fared Since The Recession, In 1 Graph
(DBN)

Lagarde: Global economic recovery could be 'less robust than expected' --- Global Recovery to Accelerate in 2015
(DBN)

US trade deficit shrank in May
(DBN)

Central Banks Are Ending Crisis-Era Policy Experiments
(DBN)

Price tag for the American dream: $130K a year --- American Dream Alive but Unrecognized
(DBN)

Small Business Borrowing Increases For Third Consecutive Month
(DBN)

Is Inflation Coming?
(DBN)

Yes, the Fed is worried about jobs
(DBN)

25 Scariest Moments of the Financial Crisis
(DBN)

Why Everyone Is Starting To Freak Out That We Might Be Headed For A 'Construction Shutdown'
(DBN)

Nearly Half Of Americans Just 'Guess' How Much They'll Need For Retirement
(DBN)

Baby boomers worse off than those starting work in 1990s
(DBN)

America's Breadbasket Going Dry
(DBN)

Inflation Is Finally Right Around The Corner
(DBN)

6 Tips For Millennials To Succeed In Business
(DBN)

Washington's Next Big Bailout
(DBN)

U.S. Seen as Biggest Oil Producer After Overtaking Saudi Arabia
(DBN)

The Hamptons Economy Is Booming
(DBN)

Bond Anxiety in $1.6 Trillion Repo Market as Failures Soar
(DBN)

The 40 Biggest Economies In The World In One Chart
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

FL: Business Restructuring And Bankruptcy Litigation Firm Lease Brickell Key Office
(DBN)

Why Home Price Gains Are Slowing
(DBN)

A Major Problem In The Apartment Rental Market Is Finally Showing Signs Of Easing
(DBN)

SunTrust Fraud Claims Settled for $320 Million
(DBN)

$5 Million Mansion Completely Destroyed By Massive Fire
(DBN)

Developers Have Better Option If Boom Turns To Bust
(DBN)

TX: Developer planning apartments near UTA files for bankruptcy
(DBN)

Bankrupt Atlanta real estate investor allegedly stashed $650,000 at Vegas casinos
(DBN)

Ex-mob boss' son convicted in looting of FirstPlus mortgage firm
(DBN)

Americans falling out of love with shopping malls
(DBN)

____________

Municipalities:

Detroit: My Complication Had A Little Complication
(DBN)

Bond Insurer Wins Bid to Challenge Detroit Bankruptcy --- Syncora Can Fight Detroit Over $15 Million Casino Take
(DBN)

Appeals court to hear Detroit bankruptcy eligibility appeal this month
(DBN)

Pivotal vote on Detroit bankruptcy plan to conclude this week
(DBN)

Detroit lists hundreds of contracts it wants to reject in bankruptcy
(DBN)

Detroit bankruptcy bills top $75M so far
(DBN)

Testing Ground for a New Detroit
(DBN)

What 5 Southwest Detroit Teens Think About Bankruptcy And Their Neighborhoods
(DBN)

Canadians fight to keep water on for 79,000 in Detroit
(DBN)

Nonprofit to manage 'grand bargain' pension donations
(DBN)

Puerto Rico: How a territory falls between bankruptcy regimes
(DBN)

Illinois Barred from Cutting Health Insurance Subsidies for Retired Workers --- Illinois Supreme Court throws wet rag on pension reform plan --- Illinois Supreme Court ruling could be omen for pension reform lawsuit
(DBN)

Adelanto continues to eye bankruptcy filing
(DBN)

Lincoln Park Becomes Latest City Under Michigan’s Control
(DBN)

Facing Potential Bankruptcy, Missouri Town Is Leaving Its Residents To Fend For Themselves As Flood Waters Threaten To Overflow
(DBN)

Once fabled Atlantic City hits free fall
(DBN)

Bankruptcy isn’t option, but state can default Experts: Don’t be fooled, N.J. isn’t too big to fail
(DBN)

The Real List Of The 19 Best US Cities For Millennials
(DBN)

The 10 most dangerous cities in America
(DBN)

10 States with the Most Student Debt
(DBN)

____________

Autos:

Prove GM fraud on court, if you can, bankruptcy judge tells lawyers
(DBN)

Green Light or Yellow Light? Mark Lanier, Robert Hilliard Disagree on Benefits of GM's Feinberg Plan
(DBN)

Spyker Being Forced to Liquidate Some Assets --- Doesn't bode well
(DBN)

Giant Corporations, Giant Failures
(DBN)

Your Car Recalled? Buy a New One! --- Recalls aren't stalling GM's sales
(DBN)

____________

Electricity:

EFH bankruptcy at critical juncture
(DBN)

____________

Healthcare:

What Happens If You Spend Too Much Time In The Sun
(DBN)

____________

Personal Finance:

How to pay less for everything
(DBN)

Don't Fall For These 5 Pricing Tricks
(DBN)

10 things rich people do better than you
(DBN)

7 Easy Hacks That Could Save Major Cash
(DBN)

The Humble First Jobs Of 15 Highly Successful People
(DBN)

5 As Seen On TV Products That Are Actually Worth Your Money
(DBN)

Why Retiring Early Is Nearly Impossible
(DBN)

____________

Gambling:

Odds stacked against casino refinancings
(DBN)

Casino freebies fail to lift Atlantic City revenue
(DBN)

Fight over Detroit's casino revenue resurrected by appeals court
(DBN)

____________

History:

Lessons From The Financial Crisis Of July 1914
(DBN)

President Harding’s steamy love letters to go on display
(DBN)

Stray period in Declaration of Independence copy causes ‘serious misunderstanding,’ scholar says
(DBN)

Celebrate July 4th Like Our Founding Fathers Intended: By Questioning The Government
(DBN)

____________

Telecoms:

Nortel bankruptcy trial turns to European concerns in battle over money
(DBN)

____________

Sports:

Steve Donner, former Rochester Knighthawks and Amerks owner, files for bankruptcy
(DBN)

____________

Banking:

Unofficial Problem Bank list declines to 465 Institutions
(DBN)

____________

Currency:

Man recovers $500,000 in bitcoins he mistakenly sent to defunct Mt. Gox
(DBN)

EU banks watchdog advises lenders to shun bitcoins
(DBN)

____________

Infrastructure:

US transportation chief visits Rhode Island, Connecticut to discuss highway fund insolvency
(DBN)

With highway funding in jeopardy, gas-tax hike is on the table
(DBN)

____________

Museums:

Please Touch Museum backers want $58 million immediately
(DBN)

____________

New Bankruptcy Opinions
(5 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (22 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (5 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:

Toledo: Local bankruptcy filings continue their decline
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

______________

Miscellaneous:

Week Ahead
(DBN)

Outlook For Corporate Restructuring
(DBN)

____________

Jurisdiction:

Justices to weigh power of bankruptcy judges
(DBN)

Supreme Court Prepares for Stern v. Marshall Round 3
(DBN)

____________

Plan Confirmation:

Court Quashes Chapter 11 Debtor's Blatant Gerrymandering
(DBN)

____________

Secured Debt:

U.S. v. Ron Pair Enters.
(DBN)

____________

Restructuring:

Investment Bankers Are Drooling Over This $100 Million Samsung Restructuring Fee Bonanza
(DBN)

____________

TBTF:

Agencies Release Public Sections of Resolution Plans
(DBN)

____________

Aviation:

Airlines Are Cracking Down On Screening Smartphones And Shoes After Increased Threats From Al Qaeda
(DBN)

Planes Tumble Into River
(DBN)

Flight returns to Seattle after chanting passenger
(DBN)

Airfares to be Based on Your Private Info
(DBN)

____________

Retailing:

Missed deadline could make American Apparel bankrupt
(DBN)

American Apparel in financing talks
(DBN)

11th-Hour Talks Are Crucial for American Apparel
(DBN)

____________

Fraud:

U.S. House Panel Says It Can Ignore SEC Subpoenas in Insider-Trading Probe
(DBN)

Former fraudsters and money launderers hit the lecture circuit; ex-lawyer earns up to $6K per speech
(DBN)

____________

Food/Beverage:

Prime Choice Foods files for bankruptcy protection
(DBN)

Brewzzi restaurant companies file for bankruptcy
(DBN)

Gayety's files for bankruptcy; stores to remain open
(DBN)

____________

Mass Torts:

Insurers sue asbestos trust for records, say they suspect fraud
(DBN)

A Case Study from a Judicial Perspective: How Fairness and Integrity in Asbestos Tort Litigation Can Be Undermined by Lack of Access to Bankruptcy Trust Claims
(DBN)

Fraud and Abuse in Mesothelioma Litigation
(DBN)

Is Disaggregation the Answer to the Asbestos Mess?
(DBN)

5 Ways the Lac-Mégantic Crash Changed How We Ship Crude by Rail
(DBN)

After Lethal Crash, Town Fears Return of Oil Trains
(DBN)

Facts and numbers on the Lac-Mégantic rail disaster
(DBN)

Freedom OK’d to hire new environmental consultant
(DBN)

Gender in Asbestos Law: Cui Bono? Cui Pacat?
(DBN)

The “Every Exposure” Cases and the Beginning of the Asbestos Endgame
(DBN)

The Evolution of Asbestos Litigation
(DBN)

____________

Sovereigns:

Argentina Is Getting Exactly What It Deserves
(DBN)

Debt vultures endanger the world
(DBN)

Hedgie Paul Singer's 'vulture investing' paid off royally
(DBN)

U.S. urges Argentina to find solution with holdout investors
(DBN)

Only Cristina Fernandez knows whether Argentina will default again or not
(DBN)

Argentina to 'reach a deal' with holdouts --- ' Argentina will negotiate but will not commit suicide' --- Argentina to Hold Talks w/US Mediator on Holdouts
(DBN)

Argentina will not make holdouts offer on Monday
(DBN)

Argentina gets set for debt talks by calling US judge biased
(DBN)

Lessons From Argentina's Bond Battle
(DBN)

Argentine Eurobond Holders Sue Euroclear, BNY Mellon: Tiempo
(DBN)

The world’s 10 riskiest sovereigns
(DBN)

____________

UK:

UK's Asda says up to 1,360 jobs to go in store restructuring
(DBN)

UK High Court approval of client money resolution agreement
(DBN)

____________

PIIGS:

Spain's Gowex to file for bankruptcy , says accounts were false --- Gowex Heads for Bankruptcy After Boss Admits Years of 'Unfaithful' Accounting --- Gotham Shows The Value Of Short Selling As Gowex Enters Bankruptcy --- Gotham, Valiant, Short Sellers, To Make $60 Million Off Lets Gowex Collapse --- Struggling Gowex a short-selling target months ahead of bankruptcy --- Insurers to cover withdrawal of solar and wind subsidies
(DBN)

Sean Quinn in terrifying Good Friday death threat
(DBN)

___________

Canada:

Albertans most immune to bankruptcy, but for how long?
(DBN)

Wynne whistles past the fiscal graveyard
(DBN)

____________

France:

France-Corsica ferry SNCM needs court protection-minister
(DBN)

French workers face ban on wine at work
(DBN)

____________

Germany:

German Industrial Production Drops
(DBN)

____________

Poland:

Parliament passes new consumer bankruptcy bill
(DBN)

____________

Brazil:

Brazil Not Seeing Spike in Tourists for World Cup; Productivity Down 30% --- Majority of Brazilians Expect World Cup to Hurt Economy
(DBN)

____________

Austria:

Austrian president in no rush to sign Hypo haircut law
(DBN)

____________

Serbia:

Debt-laden Serbia braces for painful reforms
(DBN)

____________

MENA:

Dubai's Wild Stock Market Suffers Another Epic Crash
(DBN)

Zero Hour Approaching for Baghdad
(DBN)

____________

Ukraine:

IMF Close to Agreeing Aid Package for Ukraine
(DBN)

____________

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