June 20, 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:

Jones Day Rankled by Kevyn Orr Website
(DBN)

Lateral Partner Recruiting: The Beauty Of Boutiques
(DBN)

Firms Must Change In Order To Survive And Thrive
(DBN)

Market Struggles to Absorb Record Law School Class of '13
(DBN)

Cleary pay soars even higher with new pay rises
(DBN)

Median salary is $95K for new law grads working in law firms, NALP study shows --- NALP: Law Grads Continue to Struggle to Find Jobs
(DBN)

Reinventing The Law Business: Creating Customers
(DBN)

Work/Life Balance, Biglaw Women, And Katy Perry
(DBN)

Partner disbarred after ripping off another firm's pitch document
(DBN)

Lawyers: Shifting Sideways for Related Career Paths
(DBN)

The 15 Most Prestigious Law Firms In America --- 2015 Vault Law Firm Rankings: The Nation’s 100 Most Prestigious Firms
(DBN)

Anecdotal Evidence That LLMs Are A Giant Cash Grab
(DBN)

Scathing Letter Suggests Smart Lawyer A Dumb -----
(DBN)

Solos: Think/Act Like Entrepreneurs, Not Lawyers (Part 5)
(DBN)

Blogging lawyer gets 30-day suspension for criticizing judge for ‘malfeasance’
(DBN)

LawProse: "who"; "whom"
(DBN)

Northwestern Law School’s late discovery of a student’s UPL conviction leads to litigation
(DBN)

Firms That Took Over Hourly Fee Matters Needn't Share Profits With Bankrupt Firm
(DBN)

Surprise House Vote Backs Limits On NSA
(DBN)

5 Proven Strategies That Will Make You A Better Negotiator
(DBN)

Cops: Six kids fell from atop moving car driven by drunk mother
(DBN)

Police: Dog's throat cut; Officer charged with animal cruelty
(DBN)

Cops: Man Put Hot Sauce In 3-Year-Old Boy's Mouth, Taped It Shut
(DBN)

Judge tosses rape charges against lawyer accused in paralegal assault; other counts remain
(DBN)

Attorney and client fined $15K for frivolous appeal after lawyer didn’t recall arguments
(DBN)

You can be a lawyer and simultaneously live your childhood Indiana Jones dream
(DBN)

Former BigLaw tax attorney gets 12 months for failing to file his own return
(DBN)

17 Bizarre Lawsuits That Actually Happened
(DBN)

You're Sanctioned! Judge Tells Donald Trump
(DBN)

Cuckolded Husband Barred from Suing Man Who Stole Away His Wife
(DBN)

Lawyer claims Donald Sterling threatened to take him out; judge denies protective order
(DBN)

______________

Judges:

You can find it all on the Web — except the justices’ financial reports
(DBN)

Wife of judge admits she poisoned him with antifreeze, gets 2 years in plea deal
(DBN)

One Woman’s Empathy Is Another Man’s Bias: On Judges With Daughters
(DBN)

Cop accidentally fires rifle while in courthouse, in front of judge
(DBN)

______________

Wall Street:

Stock futures seesaw, but indexes see weekly gains
(DBN)

Most Stocks Close With Slim Gains, S&P 500 Hits A New Record High
(DBN)

______________

Layoffs:

 

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Celebs:

Sentencing delayed for 'Real Housewives' stars Teresa, Joe Giudice
(DBN)

____________

Education:

Corinthian Colleges raises "going concern" doubts --- Federal Crackdown Puts Corinthian Colleges’ Future in Doubt --- Corinthian's Cloudy Future
(DBN)

____________

Resorts:

Former billionaire Blixseth hit with $200M judgment
(DBN)

____________

Telecoms:

Falcone, Other Harbinger Reps. Quit LightSquared Board
(DBN)

BlackBerry sends short-sellers scrambling
(DBN)

BlackBerry CEO: not seeking offer to sell
(DBN)

____________

Mass Torts:

Heavy Rain Muddies Freedom Industries Spill Site Demolition
(DBN)

____________

Infant Goods:

Kid Brands files Chapter 11 in Newark, NJ; has $49 million DIP
(DBN)

Kid Brands Files Bankruptcy With Plan to Sell Business
(DBN)

____________

Retailing:

RadioShack Is on Its Way to $0
(DBN)

____________

RVs:

McMahon's RV seeks bankruptcy protection
(DBN)

____________

Economy:

Gauge of US economy gains 0.5 percent in May
(DBN)

Philly Fed Manufacturing Survey suggests Solid Expansion in June
(DBN)

It's Official: The Boomerang Kids Won't Leave
(DBN)

US bonds fall as investors reposition for Fed, auction
(DBN)

Jobless Claims Drop as US Consumers Gain Confidence
(DBN)

The Ultra-Simple Explanation Of What The Fed Is Doing
(DBN)

Young People Are Much More At Risk To Be Poor Now
(DBN)

2030: The Year Retirements End
(DBN)

The Obamas Want Their Daughters To Get A Taste Of Life On Minimum Wage
(DBN)

College Costs Are Exposing The Mirage Of The American Dream
(DBN)

Poll: Fewer Blame Poverty on the Poor
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

Mortgage rates ease, Freddie Mac says: 30-year fixed averages 4.17%
(DBN)

BofA Must Face U.S. Suit Over Mortgage-Securities Fraud
(DBN)

____________

Municipalities:

Michigan Gov. Rick Snyder to sign Detroit bankruptcy 'grand bargain' legislation Friday
(DBN)

A Three-Hour Tour and Other Distractions
(DBN)

Police-Fire Pension Board supports “yes” vote on Plan of Adjustment
(DBN)

Vote on Detroit 'grand bargain' is key to bankruptcy end
(DBN)

Detroit manager lays out planned changes to city workers' pensions
(DBN)

Detroit Pension Fix Could Be Model For Other Cities Struggling To Fund Public Worker Retirement
(DBN)

Detroit creditor wants to know personal finances of retirees --- Detroit says creditor 'crosses the line'
(DBN)

Detroit Institute of Arts' 70 percent mark to $100 million goal 'sounds about right,' official says
(DBN)

Bankruptcy court: San Bernardino close to deal with police
(DBN)

San Bernardino Targets $190000 Firefighter Pay in Court
(DBN)

____________

Autos:

Barra on GM's bankruptcy protection
(DBN)

Details Emerge on GM's Victims Fund
(DBN)

GM Engineer Found Problem 8.5 Years Ago
(DBN)

Detroit Big 3: Five Years Later
(DBN)

____________

Politics:

Congress hits new low: Only 7% have confidence in the institution
(DBN)

Prosecutors accuse Gov. Scott Walker of running 'criminal scheme'
(DBN)

____________

Tax:

Supreme Court limits taxpayers' ability to fight IRS summons
(DBN)

____________

Healthcare:

Parkway Hospital back on the block
(DBN)

Feds oppose planned sale of Fairmont General
(DBN)

Hearing date scheduled on bids to buy former North Adams Regional Hospital
(DBN)

Group Files for Bankruptcy After Lawsuit
(DBN)

Oaklawn Hospital cuts 43 jobs
(DBN)

Most Obamacare exchange enrollees were previously uninsured, survey finds
(DBN)

____________

Fraud:

House panel subpoenaed in insider trading probe
(DBN)

____________

Private Equity:

Why Are Some Megadeals More Likely to Default?
(DBN)

____________

Gambling:

Revel says it will shut without buyer
(DBN)

Grim Revel-ation: Casino may close this summer
(DBN)

Atlantic City Casino Owner Files for Bankruptcy Protection
(DBN)

____________

Apparel:

American Apparel chairman: No chance of bankruptcy
(DBN)

American Apparel Founder Dov Charney Finally Gets Fired --- Inside the American Apparel Revolt --- Is Dov Charney The Most Disgraced CEO Of All Time? --- How American Apparel's Ousted CEO Dov Charney Could Get His Revenge
(DBN)

American Apparel bonds choppy after CEO terminated for cause
(DBN)

____________

Festivals:

Selling off what's left of defunct festival
(DBN)

____________

Chemicals:

Momentive value seen at $2-2.45B, 2nd-lien recovery at 12.8%-28.1%
(DBN)

Creditors to vote on Momentive's contentious restructuring plan
(DBN)

____________

New Bankruptcy Opinions
(2 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (27 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (7 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)

______________

Miscellaneous:

Win Rudy's Yankees Tickets!…
(DBN)

____________

Deepening Insolvency:

Deepening Insolvency Comes Up for Air
(DBN)

____________

Avoidance Actions:

Adelphia Decision Explores the Impact of Prepetition Fraud on Valuation Methodologies in Avoidance Actions
(DBN)

____________

Automatic Stay:

Fourth Circuit Reestablishes Subcontractors’ Right to Perfect Liens After Bankruptcy Filing
(DBN)

____________

Jurisdiction:

Stern Revisited: Big Questions Remain Unresolved
(DBN)

Supreme Court Upholds Bankruptcy Court's Limited Procedural Power
(DBN)

Supreme Court Approves Procedure to Consider Certain "Stern" Claims, While Failing to Address Other Issues Raised by Stern Decision
(DBN)

Supreme Court Reaffirms Role of Bankruptcy Courts in Arkison Decision
(DBN)

'Stern Claims' Remain Hazy Despite High Court Ruling
(DBN)

____________

Cross-Border:

Global Distress Signal - Developments in International and Cross-Border Insolvency
(DBN)

____________

Unexpired Leases:

Are You Not Entertained? The SDNY Weighs In On the Battle Between Sections 363(f) and 365(h) of the Bankruptcy Code
(DBN)

____________

Corporate Reform:

Court Ruling Protects Whistleblowers
(DBN)

____________

Tax:

How Credit Suisse Got Off Easy
(DBN)

IRS Will Now Accept an ‘I Was Clueless’ Defense for Offshore Tax Evaders
(DBN)

____________

Video Games:

Rhode Island police to interview lawmakers involved in 38 Studios job creation plan
(DBN)

____________

Sovereigns:

Argentina Backtracks as $16 Billion Claims Sink Talks
(DBN)

Argentina looking to negotiate with holdout creditors
(DBN)

Imminent Risk Of Default As Battle Between Argentina And Paul Singer's Elliott Continues
(DBN)

Argentina's Supreme Court loss may serve as a wake-up call
(DBN)

Gov't says no US mission scheduled to negotiate with vulture funds --- Argentina says it has no team for talks in debt battle
(DBN)

And Now Argentina Is In A Race Against Time
(DBN)

Ruling on Argentina Gives Investors an Upper Hand
(DBN)

Argentina shares fall on debt repayment doubts
(DBN)

U.S. Supreme Court Denies Foreign Sovereigns Special Protection From Post-Judgment Discovery
(DBN)

____________

UK:

Pre-packs must rescue reputation, says Graham
(DBN)

____________

EU:

EU ministers squabble over strict deficit limits
(DBN)

IMF: EU Recovery Not Strong Enough
(DBN)

____________

PIIGS:

Hearing on application brought by Quinn receivers is adjourned
(DBN)

____________

Ukraine:

NATO: Russia Is Placing Thousand Of Troops Along The Ukrainian Border
(DBN)

Ukraine, creditors in talks on possible debt restructuring : IIF
(DBN)

____________

MENA:

'The Middle East Has No Future' Why should we fight the inevitable break-up of Iraq? --- How the US Lost Billions in Iraq
(DBN)

Iraq bondholders eye default risk as conflict escalates
(DBN)

World Stock Markets Aren't Too Worried About Iraq
(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