May 2, 2014

The Daily Bankruptcy News

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Law:

Perry Mandarino on the Rural/Metro Ruling --- Sharon Levine --- Paul Leake --- Marshall Huebner
(DBN)

Goodwin Procter Expands Financial Restructuring Practice with Addition of Five Attorneys from Stutman in New York
(DBN)

White & Case Leads Deal Q1 2014 Bankruptcy League Tables
(DBN)

The Biglaw Firm With The Best Brand In The Business (2014)
(DBN)

Retirement is not a moment in time
(DBN)

Millstein's Abrams Juggles TXU to Puerto Rico as Workouts Scarce
(DBN)

Firm offers new contracts to angry staff
(DBN)

ATL's approach to ranking law schools: decide what the result should be, then adjust the criteria accordingly?
(DBN)

Lawyer Asks Teacher What He Makes And Had To Listen To Some Dumb Poem
(DBN)

The Women’s Biglaw All-Star Team Of 2014
(DBN)

The Biggest Mistakes People Make When Networking
(DBN)

This Guy Left The Law To Make Crazy S-- Toys
(DBN)

Will The Sixth Circuit Get ‘A Rise’ Out Of This Former Bengal Cheerleader’s Dirty Case?
(DBN)

It’s Finals Period — Time To Find Somebody Else To Take Your Test For You
(DBN)

Contract Attorney Sues Former Employer; Schadenfreude Ensues --- Contract Lawyers: Lawsuits Are Sexy, But ...
(DBN)

Tacoma needs a law school like I need a hole in the head
(DBN)

Legal Sector: Layoffs no longer big news story
(DBN)

Attorney gets 5 years prison in Fla. Ponzi scheme
(DBN)

Legal Marketing: The New SEO Game (Hint: Keywords Play Minor Role)
(DBN)

Donald Sterling 'tyrannical' in court, NBA will learn --- In wake of Sterling scandal, NAACP leader is under scrutiny --- Was it legal to record Sterling's racist rant?
(DBN)

60 Students Arrested After Breaking Into New Jersey High School And Trashing It
(DBN)

Teacher’s one-month rape sentence is too short, Montana Supreme Court says in opinion chiding judge
(DBN)

7 Ways To Look Like A CEO, Even If You're Not
(DBN)

8 Affordable Shirts For Guys To Wear To Work This Summer
(DBN)

Cops: Middle Schoolers Plotted To Bake Pot Cookies In Home Ec Class
(DBN)

Say What?!
(DBN)

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Judges:

Bankruptcy judge Pamela Pepper nominated for district court bench
(DBN)

Tough Judge Richard Sullivan's Rulings Are in the Spotlight
(DBN)

Judge says posting on her Facebook page about case = transparency
(DBN)

Judge confusion over who's a ****ing ****head and who's a ***t
(DBN)

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Wall Street:

Wall Street Seen With Guarded Optimism Ahead Of Jobs Report
(DBN)

Markets Are Doing Nothing Ahead Of The Jobs Report
(DBN)

Dow, S&P 500 Edge Lower
(DBN)

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Layoffs:

Planned layoffs jump 17% in April: Challenger, Gray
(DBN)

American teens don’t want to work
(DBN)

What To Say If An Interviewer Asks If You Have Kids
(DBN)

Most Jobs Created in this Recovery are Low Wage
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Healthcare:

Tuomey Could File for Bankruptcy This Month
(DBN)

Wake Forest Baptist to lay off 350 employees as it continues restructuring
(DBN)

Lawmaker says debt from trust bankruptcy could cause some health care providers to fold
(DBN)

LBMC bankruptcy hearing adjourned to May 12
(DBN)

St. Francis Hospital advances on settling bankruptcy case
(DBN)

Federal bankruptcy judge questions whether city of Holyoke may be liable for geriatric authority's mounting debt
(DBN)

Massena Memorial Hospital watching dollars
(DBN)

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Video Games:

Schilling asked to testify in Rhode Island review
(DBN)

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Nonprofits:

Financially troubled nonprofit sells Music Circle property
(DBN)

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Equipment Rentals:

Classic Party Rentals’s Acquisition by Apollo Global Management Receives Court Approval; Path Cleared for Transaction Close in May
(DBN)

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Healthcare:

Fitch Downgrades Citrus Memorial Hospital's Bonds to C
(DBN)

Most Obamacare Enrollees Lacked Prior Health Insurance
(DBN)

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Education:

Atlanta, church offer to buy Morris Brown land
(DBN)

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Tax:

George F. Will: The heavy hand of the IRS
(DBN)

Bin Laden Son-in-Law’s Attorney Agrees to Prison Time On Tax Charges
(DBN)

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Economy:

Yellen's Fed Resigned to Diminished Growth Expectations
(DBN)

Consumer Spending in US Jumps by Most in Five Years
(DBN)

US spending sparks optimism after biggest jump in five years
(DBN)

Economists expect rise in jobs in April report
(DBN)

Profits Beat From MasterCard to Exxon as Economy Recovers
(DBN)

ISM Manufacturing index increased in April to 54.9
(DBN)

Global manufacturing bounces higher
(DBN)

Weekly jobless claims surprisingly jump to two-month high of 344,000 --- But Labor Market Is Seen Strengthening
(DBN)

How states fared on unemployment benefit claims
(DBN)

Fed Cuts Monthly Asset Purchases To $45 Billion At April Meeting
(DBN)

A global tour of the manufacturing PMIs
(DBN)

US April factory activity growth slows slightly: Markit
(DBN)

People In Texas Really Don't Want To Leave, While People In Illinois Want To Flee
(DBN)

Credit Managers’ Index Shows Signs of Distress Among Trade Debtors
(DBN)

Paul Ryan tries to ease tensions with black lawmakers on poverty
(DBN)

Why The Personal Saving Rate Is Tumbling
(DBN)

Miami’s Poor Live on $11 a Day as Boom Widens Wealth Gap
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Mortgage rates fall, 30-year fixed average at 4.29%, Freddie Mac says
(DBN)

Large home builders net orders last quarter "virtually flat" from year ago
(DBN)

House flipping becomes more profitable
(DBN)

Construction Spending Misses Expectations --- Public Construction Spending Lowest since 2006
(DBN)

Millionaires Are Living Cheap In New York's Rent-Stabilized Apartments
(DBN)

Miami developer files Chapter 11 on Jacksonville land --- Owner of riverfront land surrounding Downtown Wyndham files for bankruptcy
(DBN)

Kelleher's last chance to reach for skies over Chicago
(DBN)

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Municipalities:

Detroit Tries to Stay Afloat Through Negotiations
(DBN)

Detroit Emergency Manager Kevyn Orr expects to go back to Lansing in push for $350 million
(DBN)

Calpers Says Detroit Bankruptcy Ruling Threatens System
(DBN)

Crowds rally in Detroit to protest emergency management, bankruptcy plan
(DBN)

New Jersey Debt Rating Cut by Fitch on Revenue Shortfall
(DBN)

Journey to Chapter 9 trial stops in Sonoma
(DBN)

Puerto Rico’s Historic “Balanced” Budget
(DBN)

Mayor: Illinois cities should be able to file for bankruptcy
(DBN)

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Electricity:

Energy Future Holdings to pay $97 million to obtain two years of financing
(DBN)

Bankruptcy judge says to approve Energy Future Holdings interim $2.7 bln DIP loan
(DBN)

Energy Future's Bankruptcy Bargaining Now a Battlefield --- Attorneys pack courtroom for first EFH bankruptcy hearing --- First hearing packs three courtrooms
(DBN)

Energy Future Creditors, Lawyers Ready Chapter 11 Battle
(DBN)

Texas' Energy Future, creditors square off in bankruptcy hearing
(DBN)

Company says customers, retirees unaffected by bankruptcy
(DBN)

Texas Localities’ Revenue at Risk After Bankruptcy, Moody’s Says
(DBN)

TXU Bankruptcy Proves Bank Loans Are Not Always Best
(DBN)

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Autos:

GM Takes Recall Fight to Familiar Turf: Bankruptcy Court --- GM's fate in hands of bankruptcy judge...again
(DBN)

GM Wants Customers to Agree to Suspend Suits Within 10 Days
(DBN)

GM Asks Halt to Suits Relating to Bankruptcy
(DBN)

GM Asks Plaintiffs To Pretty Please Hold Off On Ignition-Related Lawsuits
(DBN)

Detroit automakers report mixed results in April US sales --- Ford, Chrysler Sales Miss Analysts' Estimates as GM Beats
(DBN)

U.S. Light Vehicle Sales decrease to 16.0 million annual rate in April
(DBN)

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Fishing:

Pescanova Seen Winning Creditor Vote for Debt Restructuring
(DBN)

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Retailing:

Carol's Daughter founder downplays bankruptcy report
(DBN)

Aeropostale blames “mom” shoppers for P.S. closures
(DBN)

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Banking:

Bankers Learn What Happens in Vegas Can Land Back in D.C.
(DBN)

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Fraud:

SEC Investigates Possible Hedge Fund Collusion Against Bill Ackman's Massive Herbalife Short
(DBN)

New York's Attorney General Expands Probe Into High-Frequency Traders
(DBN)

Douglas L. Bates Heads to Prison for Role in Rothstein Ponzi Scheme
(DBN)

Ron Wilson's office furnishings, truck, guns to be auctioned
(DBN)

Accused Ponzi Schemer Faces 45 More Years in Prison
(DBN)

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Currency:

Mt. Gox Settlement Decision Delayed, As Trustee Seeks US Bankruptcy Approval
(DBN)

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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 (25 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:

Rochester: Region's bankruptcy filings drop 19 percent in April
(DBN)

Toledo: Bankruptcy filings down 13% in region
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

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Standing:

On Having Standing to Object to a Bankruptcy Settlement, the Seventh Circuit Holds that Money Isn’t Everything
(DBN)

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New: Take Our Credit Bid Survey

TBTF:

US weighs risks of 'nuking' big banks
(DBN)

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Corporate Reform:

Rigged market? SEC busts the NYSE
(DBN)

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Personal Finance:

The Best Things To Buy In May
(DBN)

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Celebs:

Celebrity tax woes
(DBN)

Todd Chrisley Bankruptcy: Reality Star's Mother-in-Law Involved in Bank Lawsuit After Giving Family $10 Million Loan?
(DBN)

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Shipping:

Genco Paid More Than a Million to Chairman in Year Before Bankruptcy
(DBN)

Shareholders lose early fight in Genco case
(DBN)

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Mass Torts:

Will Fourth Circuit Decision To Unseal A CPSC Case Be A Boon To Asbestos Defendants?
(DBN)

Bankrupt Pittsburgh Corning lifts Kane to CEO
(DBN)

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Photography:

C&A Marketing Acquires Calumet Photographic at Bankruptcy Auction
(DBN)

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Food/Beverage:

Smashburger holds an auction
(DBN)

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Alternative Energy:

ClearEdge files for Ch. 11 bankruptcy protection
(DBN)

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Compensation:

The Real Story Behind Rising CEO Pay
(DBN)

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Student Debt:

Proposed Bill Would Eliminate Automatic Default For Private Student Loans
(DBN)

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Brokers:

Corzine asks judge for OK to pay his lawyers
(DBN)

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UK:

Popularity of UK Scheme of Arrangements to Restructure Foreign Companies Continues — Boundaries of Application Further Extended
(DBN)

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EU:

Eurozone Unemployment Is The Ugliest Chart In The World --- Euro Unemployment Holds at 11.8% as Crisis Legacy Lingers
(DBN)

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PIIGS:

Spanish Bonds Continue Incredible Rally
(DBN)

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China:

China tried to undermine economic report
(DBN)

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Ukraine:

Putin's Promises To Eastern Ukraine Could Bankrupt Russia --- Putin Wants Ukraine's Troops Out of East --- Why Police Aren't Stopping The Pro-Russia Takeover In East Ukraine --- The Alarming State Of Ukraine — And Unnerving Threats From Russia — In One Map --- Ukrainian President: We Have Lost The East To Russia --- Mastercard Is Really Worried About Putin's Plan For Russian Payment Cards --- Pro-Russian protesters storm prosecutor's office in Ukraine's Donetsk --- BP left exposed as Russia warns of sanctions --- IMF says Ukraine needs modified bailout if it loses the east --- Things Heat Up, As Ukrainian Government Launches New Offensive In Eastern Town --- 'Ukrainian economy is caving in on itself'
(DBN)

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Japan:

Sony issues third profit warning in 6 months
(DBN)

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China:

China's Slowdown: You Can Bank On It
(DBN)

A Partial Primer to China’s Biggest Shadow: Entrusted Loans
(DBN)

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Mexico:

Mexico homebuilder Homex files for bankruptcy, seeks financing --- Homex Bonds Climb After Builder Files for Bankruptcy Protection
(DBN)

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Finland:

Bankrupt WinWind finds buyer
(DBN)

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Iceland:

Iceland Must Drop Bank Creditor Program, World Bank Adviser Says
(DBN)

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Australia:

Australia Warned of Looming Debt Crisis
(DBN)

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