June 11, 2014

The Daily Bankruptcy News

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Law:

Top Law School Dean Says We Haven’t Reached The ‘Bottom Of The Market’ Yet
(DBN)

Trustee Raises New Allegations Against Ex-Dewey Executives
(DBN)

6 attorneys fired by GM after law firm ignition-switch probe are reportedly identified
(DBN)

How many BigLaw firms represent same-sex marriage opponents? Zero
(DBN)

Which T14 Law School Is This Super Bowl MVP Repping?
(DBN)

Top global law firm’s London office has anti-homelessness spikes
(DBN)

How To Build a Web Presence to Retain Clients
(DBN)

The Rage-Inducing Word Versus WordPerfect Debate
(DBN)

Legal Eagle Wedding Watch: Wachtell It To My Heart
(DBN)

9 Things That May Surprise You About Going In-House
(DBN)

Beyond Biglaw: Up, Up and Away…
(DBN)

Northwestern Law Dean Daniel Rodriguez, "We're not seeing a big recovery," in Fortune Interview
(DBN)

Paul Evans Shoes
(DBN)

10 Things You Didn't Know You Could Do With Your iPhone
(DBN)

Habits Of Stressed-Out People
(DBN)

How To Work 80-Hour Weeks And Not Burn Out?
(DBN)

LawProse: Which do you suppose is correct: “supposed to” or “suppose to”?
(DBN)

Mayor Caught Tossing Dog Poop on Neighbor's Lawn
(DBN)

Lawyer issues boyfriend with ‘motion to compel’ him to buy her a puppy
(DBN)

Federal jury awards $4.7M to Yemeni-born man named Osama who was taunted and punched at work
(DBN)

Cops: 75,000 Bags Of Heroin, $100K In Cash Found At House Belonging To Ex-NFL Star
(DBN)

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Judges:

Court nominates new bankruptcy judge in Philadelphia
(DBN)

Erie judge blasts bankruptcy lawyer who he likened to a "sociopath", but steps away from review
(DBN)

Lawyer says he ended hunger strike outside SCOTUS after collapsing
(DBN)

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Wall Street:

US Stock Futures Signal Lower Open
(DBN)

Wall Street to mull World Bank warning
(DBN)

Markets Are Falling
(DBN)

US stocks end session flat on profit taking; Dow up 0.02%
(DBN)

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Layoffs:

Job Openings in U.S. Climb to Highest Level Since September 2007
(DBN)

The Real Reason That Young People Can't Find Jobs
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Retailing:

RadioShack Corporation Could Be Bankrupt Next Year --- RadioShack Corporation Disappoints With Wider Losses, Stock Dives --- RadioShack Is Collapsing --- RadioShack Is Racing To Close Stores To Avoid Insolvency --- RadioShack to close hundreds of stores --- 4 Problems Destroying RadioShack's Business
(DBN)

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Student Debt:

New Obama Student Loan Proposal - Swing and a Miss
(DBN)

Citing his own law school debt, Obama expands repayment caps on student loans
(DBN)

Hedge funds fret over US student loan reform
(DBN)

Students get debt relief so colleges can charge more
(DBN)

The Student Debt Crisis Requires More Radical Action Than Obama's Latest Move
(DBN)

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Healthcare:

Physicians United Struggled for Years
(DBN)

Palm Drive foundation kicks off campaign to reopen hospital
(DBN)

Florida's fastest-growing Medicare Advantage plan insolvent
(DBN)

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Religion:

Archbishop: Sex with Kids Not a Crime
(DBN)

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Aviation:

Airbus Group says Emirates cancels order for 70 A350 planes
(DBN)

Lufthansa Shares Plummet
(DBN)

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Shipping:

Overseas Shipholding on deck for Thursday with $1.35B exit loan
(DBN)

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Economy:

US wholesale stockpiles rose 1.1 percent in April
(DBN)

US Middle Class is Poorer That You Think
(DBN)

Small business optimism rises in May: NFIB
(DBN)

BLS: Jobs Openings increase sharply to 4.5 million in April
(DBN)

Even the Wealthy Living on Social Security
(DBN)

World Bank cuts growth outlook as Ukraine weighs
(DBN)

Chart: Austerity Cheerleaders Were Wrong
(DBN)

Dollar Will End Reign as Reserve Currency
(DBN)

Every Worker In America Should Love This Chart
(DBN)

These Are The Fastest-Growing And -Declining Last Names In The US
(DBN)

Parents Across The Developed World Say Their Kids Are Screwed
(DBN)

The World's Richest People Are Sitting On Gigantic Cash Piles That Haven't Earned Them Anything
(DBN)

IEA: World Energy Party is Over
(DBN)

Disruptive Forces Could Quickly Displace Oil
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

US foreclosure activity falls to 8-year low in May
(DBN)

Las Vegas Real Estate in May: Year-over-year Non-contingent Inventory Doubles, Distressed Sales and Cash Buying down sharply
(DBN)

FNC: Residential Property Values increased 8.4% year-over-year in April
(DBN)

MBA:"Strong Growth in Mortgage Application Volume Following Memorial Day Holiday"
(DBN)

BofA Mortgage Settlement Deal Deadlocked
(DBN)

Grand Rapids: Development to liquidate
(DBN)

Gundlach: Millennials See Buying A Home As A Risk, Not As A Security
(DBN)

10 Cities with the Highest Foreclosure Rates
(DBN)

___________

Municipalities:

Creditor rips Detroit's 'grand bargain' in scathing court filing
(DBN)

Q&A: Detroit bankruptcy's unprecedented speed worth the expense
(DBN)

Babies Pay for Detroit's Fall With Mortality Above Mexico
(DBN)

Ron Paul weighs in on Detroit's no-goat policy
(DBN)

Michigan leaders finding common ground in Detroit's bankruptcy process
(DBN)

KY pension board to discuss bankruptcy ruling
(DBN)

The 10 Worst States To Make A Living
(DBN)

The Ten Most Corrupt States in America
(DBN)

____________

Autos:

General Motors: Bankruptcy Doesn't Cure Culture
(DBN)

GM Lawyers Told Carmaker of Switch-Defect Punitive Risk
(DBN)

Safety Group Calls GM Report 'Elaborate Whitewash'
(DBN)

GM CEO Barra promises no limit on victim compensation
(DBN)

GM Announces 4 More Recalls
(DBN)

G.M. Chief Says Death Tally Could Rise in Ignition Flaw
(DBN)

GM CEO Barra: We will do 'right thing' for victims
(DBN)

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Trucking:

New Century Transportation shuts down
(DBN)

____________

Opera:

Met Head Says Opera Risks Failure Unless It Cuts Labor Bill
(DBN)

Contract Talks + Field of Poppies = Met Bankruptcy ?
(DBN)

____________

Chemicals:

Momentive restructuring plan-support pact faces a slew of objections
(DBN)

____________

Personal Finance:

Here's How Much You Should Be Spending On Wedding Gifts
(DBN)

4 Surprisingly Frugal Spending Habits Of Wealthy People
(DBN)

4 Reasons Why You Hate Your Job
(DBN)

Telecommuting Mistakes To Avoid
(DBN)

5 Signs You're Not Leadership Material
(DBN)

Great Gifts For Father's Day
(DBN)

____________

Currency:

Bitcoin Mining Company Enters Chapter 11 Bankruptcy
(DBN)

____________

Computers:

Longtime Apple-accessory distributor Dr. Bott files for bankruptcy
(DBN)

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New Bankruptcy Opinions
(8 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (33 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)

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Bankruptcy Statistics:

 

Interactive Bankruptcy Statistics Map
(DBN)

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Jurisdiction:

SCOTUS Closes Statutory Gap in Bellingham
(DBN)

Executive Benefits Provides (Some) Clarity on Stern v. Marshall
(DBN)

Applying Its Stern v. Marshall Ruling On The Power Of Bankruptcy Courts, The U.S. Supreme Court Issues A Narrow Decision In Executive Benefits Case
(DBN)

____________

Avoidance Actions:

LLC Membership Transfer: Is Expulsion of a Member a Preferential Transfer?
(DBN)

____________

Mass Torts:

Asbestos lawyers accuse Garlock of coverup
(DBN)

Bankruptcy judge hears Freedom’s attorney, consultant fee motions
(DBN)

Judge questions value of work by Freedom's lawyers
(DBN)

Supreme Court denies BP on spill payment freeze
(DBN)

Garlock accused of fraud while alleging fraud by asbestos attorneys
(DBN)

____________

Politics:

Hillary Backtracks From 'Dead Broke' Comments... 'I Fully Appreciate How Hard Life Is For So Many' --- Dead Broke Clintons Now Worth $100 Million
(DBN)

Tea Party Scores Stunning Victory --- Who is David Brat? --- The Guy Who Beat Eric Cantor Last Night Has Very Interesting Economics Research --- Eric Cantor's Stunning Loss For the first time in history, the House majority leader has lost in a primary. Nobody saw it coming. --- Seismic Consequences of Cantor's Loss
(DBN)

____________

Media:

Lessons Learned From The Tribune Co. Bankruptcy
(DBN)

____________

Electricity:

Warren Buffett Plans To Massively Increase His Bets On Solar And Wind
(DBN)

Ram Power Defaults & Sale Unlikely, Bankruptcy Possible
(DBN)

Longview Power Can Halt Lawsuit Threatening Restructuring
(DBN)

EFIH 1st-lien DIP loan enters secondary atop par issuance
(DBN)

___________

Festivals:

Stockton's Asparagus Festival calls it quits
(DBN)

____________

Corporate Governance:

New bill could nix top Delaware court’s OK of loser-pays rule for attorney fees in corporate cases
(DBN)

____________

Celebs:

Judge says ‘Top 40’ radio personality Casey Kasem must be fed, hydrated and medicated
(DBN)

____________

Sovereigns:

'US supports Argentina in vulture funds dispute'
(DBN)

Argentina's Dispute With Hedge Funds Goes To Pope Francis
(DBN)

Judge says Cleary Argentina memo is privileged, he won’t ‘make use of it’
(DBN)

____________

UK:

UK manufacturing output hits three year high
(DBN)

U.K. Unemployment Falls; Payrolls Surge to Record High
(DBN)

Creditors owed £6.5m after Villa Parade failure
(DBN)

____________

PIIGS:

KKR Said Interested to Invest in Spain Company-Loan Pools
(DBN)

____________

Canada:

Fee Adjustments in Canada: Bank of Nova Scotia v Diemer and Re TNG Acquisition Inc.
(DBN)

____________

Brazil:

Batista's bankrupt OSX names new chief executive
(DBN)

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