June 25, 2014

The Daily Bankruptcy News

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Law:

The Examiners: Richard A. Chesley on Municipal Distress --- Lisa Donahue --- Philip Dublin
(DBN)

A Slow Start for 2014
(DBN)

A Biglaw Associate’s Terrible Dilemma
(DBN)

Former law student sues over D grade in contracts, seeks $100K for lost legal career
(DBN)

Columbia Questions Back Injury Because Student Still Got Good Grades
(DBN)

Culture vs risk: How to run a law firm in challenging times
(DBN)

What’s Your Merger Score?
(DBN)

Trent Lott, John Breaux plot Squire Patton Boggs comeback
(DBN)

Samsung and Quinn Emanuel must pay $2M for revealing ‘attorney’s eyes only’ info, judge rules
(DBN)

Nashville: Waller chairman to step down to return to bankruptcy practice, chairman emeritus status
(DBN)

U.S. Marshals: Bankruptcy lawyer brought loaded gun into federal courthouse
(DBN)

Edward Snowden's Lawyer Is One Bad-Ass Chick
(DBN)

7 Email Tips That Will Boost Your Productivity
(DBN)

Why iPads Are The Most Mediocre Litigation Tool Ever
(DBN)

Law Is A Social Business
(DBN)

This Law School Pays Male Faculty $44K More Than Female Profs
(DBN)

For Women in Midlife, Career Gains Slip Away
(DBN)

Law Professor: Only Prostitutes Would Directly Say "Yes" to Sex
(DBN)

Judge rejects ‘absurd’ claim by ex-clients, awards $500K in legal fees, blasts new counsel
(DBN)

An Alleged Thief Was Caught After Logging Into His Facebook Page While Robbing A Home
(DBN)

Report: Story of girl ejected from KFC over face scars a hoax
(DBN)

4-year-old foils sitter’s plot to blame ‘home invasion’ and robbery on ‘black men’
(DBN)

5-year-old Kentucky boy fatally shoots 2-year-old sister with gun he got for his birthday
(DBN)

School policy banning unvaccinated students during infection risk is upheld by federal judge
(DBN)

Report Shows How Militarized America's Cops Are
(DBN)

Man chooses vasectomy over longer prison term
(DBN)

Brain injury leads to suspension for lawyer; ‘I couldn’t stick to tasks,’ he says
(DBN)

Law firm toilets: a critical reflection
(DBN)

Mike Rowe Just Gave Every Sue-Happy Lawyer The Finger In This Public Shaming Of A Shoplifter
(DBN)

Arizona Opens Investigation Into Deadly Doggie Disneyland
(DBN)

NYT Skewers Obama's 'Slapdash' Legal Justification For Killing American By Drone
(DBN)

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Judges:

A growing consensus on SCOTUS: More than half its decisions this term are unanimous
(DBN)

Judge Tells Fast Food Worker To Get A 'Real Job'
(DBN)

Judge who gave one-month sentence to rapist orders 5-year term for vandal
(DBN)

Small claims loss morphs into bigger case for man accused of threatening judge
(DBN)

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Wall Street:

US Stock -Index Futures Are Little Changed Before Data
(DBN)

Stocks close sharply lower, Dow drops 119 points
(DBN)

Credit Suisse "Fear Barometer" Hits All Time High
(DBN)

10 Things You Need To Know Before The Opening Bell
(DBN)

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Layoffs:

Avon to Cut 600 Jobs as CEO McCoy Seeks to Trim Expenses
(DBN)

FL: State Steered Jobless to Debt Collectors
(DBN)

Great Questions To Ask During A Job Interview
(DBN)

15 Meaningful Jobs That Pay Really Well
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Healthcare:

Palm Drive Health Care District board president steps down
(DBN)

Final Michael Brown auction ahead
(DBN)

Bankruptcy court allows TLC to seek support dollars
(DBN)

Owner of two Amarillo retirement communities files for bankruptcy
(DBN)

Ex-Worker: I Kept a Secret Phoenix VA List
(DBN)

TriHealth to layoff 131 workers
(DBN)

Affymax Is Winding Up
(DBN)

Rural/Metro Holders Fight RBC Move to Cut Damages --- RBC’s Buyout Conflicts Justify Hefty Damages, Lawyer Says
(DBN)

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Student Debt:

5 Reasons Not To Consolidate Your Student Loans
(DBN)

Good news if you have student debt: It gets better
(DBN)

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Shipping:

Shipping company Nautilus files for US bankruptcy --- Nautilus Files for Bankruptcy After Container Rates Drop
(DBN)

Genco takes on shareholders as shipper looks to exit bankruptcy
(DBN)

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Magazines:

Time Inc. feels blow after Source files for Chapter 11
(DBN)

Distributor Shuttering Could Mean Magazine Shortage
(DBN)

Source Home Entertainment Bankruptcy is All Kinds of Ugly
(DBN)

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Mass Torts:

Revealed: What happened the night of the oil train disaster
(DBN)

A year later, Lac-Megantic remains in grip of 'train from hell'
(DBN)

W.Va. water contamination class actions consolidated
(DBN)

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Celebs:

Legal Woes Mount for Funk Legend George Clinton
(DBN)

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Debt Collection:

State May Have to Defend its Debt Collection Practices After Settlement
(DBN)

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Economy:

Consumer Confidence in US Increases to Highest Since 2008
(DBN)

Change in private manufacturing jobs, by county
(DBN)

Business leaders say climate change threatens economy --- Hardcore Capitalists Warn That Climate Change Is A Big Deal For American Businesses
(DBN)

Richmond Fed Misses
(DBN)

Five years into the recovery, Americans might finally be feeling better
(DBN)

How Thomas Piketty and Elizabeth Warren Demolished the Conventional Wisdom on Debt
(DBN)

Business battle among states heats up

It Looks Like One Of The Big Things Holding Back The Economy Is Finally About To Turn Around
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

New home sales soar in May, hit highest level since 2008 --- New Home Sales increase sharply to 504,000 Annual Rate in May
(DBN)

Case-Shiller: Comp 20 House Prices increased 10.8% year-over-year in April
(DBN)

Why the housing market is off track
(DBN)

Mortgage Loans in Foreclosure Process Lowest since July 2008
(DBN)

Rise in Home Prices Is Slowing, and That's a Good Thing
(DBN)

Map: The age of housing in every zip code in the U.S.
(DBN)

Entireties Property, Etc.: Who Can Grab the Rents?
(DBN)

Zillow's Top Economist Nails It On The State Of The Housing Market
(DBN)

Don't Be Fooled By Reports Of Rising Home Prices
(DBN)

The Difference Between Wealthy US And Chinese Home Buyers
(DBN)

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Municipalities:

Frustrated Detroit workers question 'hybrid' pension plan
(DBN)

EFF to Jones Day: Don't Be A Trademark Bully
(DBN)

Would-be creditors seek dump trucks, nuclear research from bankrupt Detroit
(DBN)

City attorney: Detroiters should 'stand up and say no' to EM process
(DBN)

City Attorneys Think a Detroit Tour Would Be Good for Bankruptcy Judge
(DBN)

Snyder casts yes ballot to accept partial payment from bankrupt Detroit
(DBN)

Detroit EM: Police, firefighters not retiring en masse
(DBN)

Detroit lighting debt illuminates bankruptcy stigma
(DBN)

Detroit will continue to face major challenges even after bankruptcy
(DBN)

Mark Schauer questions Detroit bankruptcy "Grand Bargain" with state
(DBN)

Lawyer: Creditors want to shield judge from Detroit's 'human reality'
(DBN)

Detroit groups reach out to UN as water customers are tapped out
(DBN)

Chinese investors discovering lure of Motor City
(DBN)

NJ: Pension reform must be revisited
(DBN)

Fed's Dudley warns over Puerto Rico's debt load
(DBN)

Be Afraid, Be Very Afraid: The "Nuclear Solution" to Underfunded Public Pensions
(DBN)

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Banking:

Fed grants four banks more time to submit capital plans
(DBN)

____________

Electricity:

Energy Future Investors Float Oncor Takeover Via NextEra --- Energy Future Crown Jewel Creates Rift
(DBN)

New restructuring proposal emerges in Energy Future bankruptcy
(DBN)

Energy Future unit rejects NextEra's $2.3 bln bankruptcy plan
(DBN)

EFIH first-lien lawsuit opens new front in make-whole claims fight
(DBN)

____________

Finance:

Ex-Im Bank Faces Test as Republican Back Lender's Demise
(DBN)

US Speaker Boehner: House GOP 'Discussing' Fate of Ex-IM Bank
(DBN)

White House says Ex-Im Bank looking seriously at fraud allegations
(DBN)

Tea Party About to Score Big Washington Win
(DBN)

____________

Retailing:

With Iconic RadioShack At Crossroads, Leveraged Loan, High Yield Bond Investors Ponder Recoveries
(DBN)

____________

Politics:

Elizabeth Warren Has An Interesting Way Of Dodging 2016 Speculation --- Understanding Elizabeth Warren’s mission in Washington
(DBN)

Does America like its candidates poor?
(DBN)

In gubernatorial races, it's the economy, 'stupid'
(DBN)

____________

Furniture:

Carl's Furniture closes last stores
(DBN)

____________

Corporate Governance:

American Apparel founder wears his defiance proudly
(DBN)

Charney’s journey: from school peddler to American Apparel boss
(DBN)

Fired American Apparel founder attacks ‘hateful’ board
(DBN)

Can American Apparel CEO Dov Charney be 'cured?'
(DBN)

____________

Gambling:

Revel hunts for buyer
(DBN)

____________

Television:

Could CSN Houston Give A La Carte a Boost?
(DBN)

____________

Religion:

Seattle Archdiocese settles abuse lawsuits for $12 million
(DBN)

____________

Telecoms:

Judges to hear Nortel bond interest issue
(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 (16 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (9 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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Exemptions:

Inherited IRAs Need A Re-Examination
(DBN)

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Insiders:

Ex-President Surely Feels Like a Room without a Roof: Happy Not to Be Deemed an Insider
(DBN)

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Tax:

Bankruptcy’s Corporate Tax Loophole
(DBN)

____________

Bankruptcy Reform:

The Chapter 14 Proposal in the Senate
(DBN)

The Case in Brief Against Chapter 14
(DBN)

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Consumer Finance:

Credit Default Rates Reach Eight-Year Low in May
(DBN)

____________

Autos:

General Motors Plans to Offer a Broad Payout
(DBN)

Plaintiffs Push for More From GM's Compensation Plan
(DBN)

How Can General Motors Get Congress to Shut Up?
(DBN)

GM Pension Plan Still Deep in the Red
(DBN)

____________

Aviation:

Etihad Airways Agrees to Take 49% Stake in Alitalia
(DBN)

CEO: Malaysia Airlines needs radical change --- On borrowed time, MAS says weighing 'all options' --- MAS non-executive directors return RM396,000 fees for 2013
(DBN)

____________

Fraud:

2nd accountant pleads guilty in Madoff scam --- 15th defendant convicted for role in $17.5B scheme
(DBN)

TelexFree is back in bankruptcy court
(DBN)

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Personal Finance:

12 Surprising Downsides Of Getting Rich
(DBN)

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Soccer:

As the World Cup Rages, Rival Ownership Groups Spar for Control of Pittsburgh Soccer Team
(DBN)

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Sovereigns:

News of the Obvious: NML et al. Oppose the Stay
(DBN)

Defend Argentina from the vultures
(DBN)

Argentina default risk still high, despite talks
(DBN)

ISDA rejects Argentina credit event call
(DBN)

Argentine holdouts say would discuss extension in good faith
(DBN)

Billionaire Elliott Spurs Profits for All Argentine Bonds
(DBN)

Argentina Bondholder Holdouts Urge Judge to Oppose Delay
(DBN)

Argentina's war with Wall Street
(DBN)

Argentina takes anti-vulture funds ad campaign to European media
(DBN)

Stay: crucial incentive for investors
(DBN)

____________

UK:

Jane Norman enters administration for second time in three years --- Stripped down Jane Norman is placed in administration
(DBN)

____________

EU:

Fitch: Technical Failures Most Likely Outcome of ECB Stress Test
(DBN)

Turkey Tells EU Cyprus “ Defunct ” State
(DBN)

$4750 Plus Three Years Is Price of Debt-Free Life
(DBN)

____________

PIIGS:

High noon for O'Reilly as AIB breaks ranks --- O’Reilly to sell his estate as €22m judgment entered against him --- Dunne bankruptcy official seeks Swiss and Irish legal actions
(DBN)

____________

France:

It's Bad In France
(DBN)

____________

Germany:

Survey: German consumers increasingly optimistic
(DBN)

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Denmark:

Danish watchdog names six banks as "systemically important"
(DBN)

____________

MENA:

Dubai Market Crashes --- Dubai Stocks Extend Rout With Biggest Drop Since August --- Stocks Plunge as Builder Questions Swirl --- Syrian Jets Bomb Rebel Towns Near Iraq --- ISIS Takes Iraq Oil Refinery --- ISIS-Led Militants Attack One Of Iraq's Largest Air Bases As US 'Advisors' Deploy
(DBN)

____________

Ukraine:

Ukraine army helicopter 'shot down' despite ceasefire --- Rebels down Ukrainian helicopter as Putin reins in Russian forces
(DBN)

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Romania:

Romania passes new insolvency code
(DBN)

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Sweden:

Saab owner pledges assets to save the company
(DBN)

____________

China:

China's property sector is primed for a shake-up
(DBN)

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