November 13, 2014

The Daily Bankruptcy News

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Law:

Sources: Morgan Lewis trying to lock in Bingham rainmakers before agreeing to merger
(DBN)

Bingham Malpractice Accord Smoothed Way for Morgan Lewis Talks
(DBN)

Bingham McCutchen partners approve merger
(DBN)

Deal Work Gives Midsized Firms Hope for Strong 2014 Finish
(DBN)

How to curb the law firm exodus? Study looks at traits of those most likely to leave law practice
(DBN)

10 Telling Statistics from Optimistic Legal Departments
(DBN)

From Girls Gone Wild to Estate Dispute, Proskauer Finds Itself in Spotlight
(DBN)

Husband And Wife Attorney Duo Accused Of Stabbing Law Firm’s Managing Partner
(DBN)

Proskauer Pays GGW, as Salacious Suit Hits Late Partners' Estate
(DBN)

Texas: We need more lawyers?
(DBN)

Deans Dismayed by Declines in Bar-Pass Rates
(DBN)

Organ: MBE Is More to Blame Than Deteriorating Student Quality for Lower Bar Pass Rates
(DBN)

How GCs Are Using Technology to Manage Global Litigation
(DBN)

5 Things Law School Didn’t Teach You About Doc Review
(DBN)

Infilaw And The ABA
(DBN)

Back In The Race: Protecting Autonomy
(DBN)

How Not To Cry At Work, Win At Office Politics, And Other Great Advice From LinkedIn
(DBN)

The UK’s LSA in the US?
(DBN)

How a Business Lobby Plans to Stick It to Plaintiffs' Lawyers
(DBN)

The US Has Had The Western World's Worst Rate Of Homicide For At Least 60 Years
(DBN)

LinkedIn Users Are Suing The Site For Allegedly Ruining Their Job Search
(DBN)

I Made A Huge Mistake Ordering My New iPhone 6 Through My Carrier
(DBN)

Divorce: Man Pushes Wife's Vette in River
(DBN)

FBI Tried To Convince MLK To Kill Himself
(DBN)

Lawyer couple are charged in home invasion and stabbing
(DBN)

Racist Tweet Takes Down Prominent Westchester Lawyer
(DBN)

The View From Up North: Jian Ghomeshi’s Pre-Trial Foreplay
(DBN)

Man Pleads Not Guilty To ... In Walmart
(DBN)

Paralegal held hostage at law firm helped police negotiate with gunman
(DBN)

Former U.S. Olympian Is Writing Memoir About Her Secret Life As Las Vegas Escort
(DBN)

Cleaning worker who got new job with $3-an-hour pay raise faces possible suit over noncompete pact
(DBN)

Arkansas' Governor Will Reportedly Pardon His Son's Drug Conviction
(DBN)

Attorney Arrested For Breaking Into And Shooting Up Ex-Wife’s Home
(DBN)

Court overturns conviction of scientists over quake warning
(DBN)

There's Been A Huge Sea Change In America When It Comes To Arresting Kids
(DBN)

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Judges:

Ad Campaign Slams Supreme Court Secretiveness
(DBN)

Supreme Court 2016: The biggest year in the high court’s modern history will shape the next presidential election.
(DBN)

Federal judge: Eradicate poverty by locking up the poor?
(DBN)

Disciplinary counsel seeks judge’s suspension, says morning cases are often called in midafternoon
(DBN)

Attack ads will target SCOTUS as ‘least accountable’ branch of government
(DBN)

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Wall Street:

Stock futures higher on US, India agreement
(DBN)

U.S. Stocks Edge Lower
(DBN)

These 78 Goldman Employees Are The Happiest People On Wall Street Right Now
(DBN)

How to spend a $1 million bonus
(DBN)

Goldman Sachs defeats appeal over collapsed buyout --- Goldman Sachs handed win over Dragon founders
(DBN)

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Layoffs:

Elevated Level of Part-Time Employment: Post-Recession Norm?
(DBN)

Cuts in Military Mean Job Losses for Career Staff
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Tech:

Here's The Real Reason Apple's Sapphire Supplier Went Bankrupt
(DBN)

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Health Care:

Rumors of Sharon Regional’s demise are greatly exaggerated
(DBN)

Small Kentucky hospitals struggle to stay open
(DBN)

Fully-Insured Woman Faces Bankruptcy After Being Taken to Wrong Hospital --- "I was in a coma. I couldn't very well wake up and say, 'Hey, take me to the next hospital." --- There should be no 'wrong' hospital
(DBN)

Dallas Hospital Will Pay Ebola Victim's Family, Create Foundation In His Name
(DBN)

How To Make It Out Of A Free-Falling Elevator Alive
(DBN)

Michael Jackson Skin Doctor’s Destruction Nearly Complete
(DBN)

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Toll Roads:

Counties get investment bank help for Toll Road bid
(DBN)

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Cricket:

Bankrupt West Indies send India letter of apology
(DBN)

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Tax:

IRS Proposes Change In 1099-C Discharge Of Indebtedness Reporting - No Reporting Until Debt Is Actually Discharged
(DBN)

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Shipping:

More firms sue OW Bunker's units
(DBN)

Oil firms close in on bankrupt ship fuel trader OW Bunker
(DBN)

Little disruption to bunker supply due yo OW Bunker bankruptcy
(DBN)

S.Korean refiners consider legal action over OW Bunker losses
(DBN)

Fuel Oil Liquidity Hit by OW Collapse
(DBN)

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Paper:

PE-backed Expera to acquire certain assets of Old Town
(DBN)

Old Town residents happy about sale of mill, union official says work still needs to be done
(DBN)

Expert says future not bright for East Millinocket mill
(DBN)

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Economy:

Fed’s Kocherlakota Sees Low Rates Well Into Future
(DBN)

Why Aren't Millennials Saving Money?
(DBN)

Welfare Nation? - An America without safety nets
(DBN)

Why Are So Many Workers Still Part Time? Seven Charts
(DBN)

Obama taps investment banker for top Treasury finance post
(DBN)

Most Americans Aren't Enjoying the Recovery
(DBN)

Why The Dems Lost: Median Incomes Continue To Drop
(DBN)

Why the Fed is Flummoxed by the U.S. Labor Market:
(DBN)

US wholesale inventories rise modestly in September
(DBN)

Gas Prices Continue To Drop, But Increase Is Coming
(DBN)

Energy shortages ahead without major investment, IEA says --- US Shale boom masks threat to world oil supply: IEA
(DBN)

6 Hustles Warren Buffett Used To Make $53,000 By Age 16
(DBN)

US Corporations Now Stashing $2 Trillion Overseas
(DBN)

Oil Is Down Again
(DBN)

The 30 Least Prosperous Countries In The World
(DBN)

IMF Boss Christine Lagarde Says The G20 Isn't Creating Enough Jobs
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

When Home Buying is a Waste of Money
(DBN)

Foreclosures Starting to Rise Again
(DBN)

Latest Home Listing Report Ranks Most Expensive and Affordable Cities to Buy a Home --- The 20 Most Expensive Markets --- The 25 Cheapest Markets
(DBN)

For This Bast Amron Team, Guiding Boca Retail Sale Through Bankruptcy Had Its Challenges
(DBN)

Bank is Not Entitled to Deficiency Judgment Against Debtors Who Did Not Consent to Disposal of One of Two Properties Securing the Loan
(DBN)

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Municipalities:

Judge: Detroit Needs to Put Bankruptcy Plan in Motion --- Judge OKs quick start for Detroit's bankruptcy exit
(DBN)

Detroit bankruptcy judge wants $140M in fees resolved --- Detroit to resolve bankruptcy fee concerns in mediation
(DBN)

Jones Day beat out at least 10 top law firms to represent Detroit in bankruptcy
(DBN)

Foundations think out of box to aid Detroit
(DBN)

Orr reflects on EM role, assesses Detroit’s future
(DBN)

Finley: Banks Took the Big Hit for Detroit's Bankruptcy
(DBN)

Words of Spelman College grad a beacon in resolution of Detroit’s bankruptcy
(DBN)

Key figures in Detroit's bankruptcy journey
(DBN)

Why Detroit’s Pension Deal Is a Warning to Retirement Savers
(DBN)

Next: City to tackle $1.4B to-do list
(DBN)

Detroit must build on this moment
(DBN)

Detroit Turns Up
(DBN)

The Civil Rights Creditors: What the judge’s ruling means for them
(DBN)

Financial review commission holds first meeting --- Board begins financial oversight of Detroit --- Exiting Bankruptcy: The role of the Detroit Financial Review Commission
(DBN)

Why Detroit Won't Open A 'Floodgate' Of Municipal Bankruptcies
(DBN)

24 Pieces Of Priceless Art Saved By Detroit's Bankruptcy Plan
(DBN)

Atlantic City: Chris Christie to the rescue?
(DBN)

How Major Cities Dragged Down the Economic Recovery
(DBN)

Utah Heads The Best States For Business 2014
(DBN)

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Retailing:

Macy's expects higher same-store sales growth in holiday season --- Macy's cut its holiday forecast. So why is the stock rallying?
(DBN)

Big Chains Feel Shoppers Pull Back
(DBN)

Appliance store chain APSCO files for bankruptcy reorganization --- APSCO files for bankruptcy after GE takes action
(DBN)

JC Penney and the terrible costs of hiring an outsider CEO
(DBN)

Walmart Warns Healthcare Costs And Taxes Are Eating Into Profits
(DBN)

4 Americas: How Obamacare Affected Them
(DBN)

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Art:

Debt, a photo project
(DBN)

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Celebs:

“My Poor Choices And Actions Over Many Years Have Lead To This”: Ginuwine Blames Himself For Split From Solé
(DBN)

How this celebrity couple bounced back from bankruptcy
(DBN)

SEC Seeks $329 Million From Wylys in Illegal Trading Case
(DBN)

Teresa Giudice and husband Joe slash price of New Jersey mansion before prison
(DBN)

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Nonprofits:

Interfaith takes over operations at YMCA's Wauwatosa's Hart Park Senior Center
(DBN)

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Alternative Energy:

Short Sellers Don’t Believe Solar Stocks Can Continue Recent Run Higher
(DBN)

U.S. Expects $5 Billion From Program That Funded Solyndra
(DBN)

Obama's Green Program that Sparked Solyndra Scandal Turns Profit
(DBN)

Nordic Offshore Marine goes bust
(DBN)

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Oil/Gas:

OPEC Feeling Pain as Oil Slides to 4 Year Low
(DBN)

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Fraud:

SAC’s Martoma Denied Bid to Remain Free in Insider Case
(DBN)

A Longer Leash to Charge Rothstein Co-Conspirators?
(DBN)

$1 Billion Vanished Along With The Trading Site
(DBN)

Minnesota Inherits Petters Ponzi Fallout
(DBN)

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Environmental:

Anadarko Settlement Won't Bend to Critics
(DBN)

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Corporate Reform:

Switzerland Joins US And UK With Criminal Investigation Into Several Individuals In Forex Case
(DBN)

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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 (26 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (6 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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Professional Fees:

Nortel Spends Big Money in Bankruptcy
(DBN)

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Automatic Stay:

Recharacterization: When Your “Loan” Becomes a “Capital Contribution”
(DBN)

Computers Are People Too: “The Computer Did It” Is No Defense to Violations of the Automatic Stay
(DBN)

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Secured Debt:

Silence Is Golden: Second Lien Creditor Rights Post-Momentive
(DBN)

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DIP Finance:

Fifth Circuit Vacates DIP Financing Orders
(DBN)

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Discharge:

Debts Canceled by Bankruptcy Still Mar Consumer Credit Scores
(DBN)

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Sales:

When Things Do Not Go As Planned In A Bankruptcy Sale
(DBN)

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Workouts:

New York Appellate Division Decision Provides Comfort for Secured Lenders Negotiating With Their Defaulting Borrowers
(DBN)

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Recent Pleadings:

Bankruptcy Trustee Hits O'Melveney With Multi-Million $ Malpractice, Disgorgement, Avoidance Suit
(DBN)

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Student Debt:

Millennials Expect Student Loan Forgiveness
(DBN)

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Education:

The Renewed Pushback Against For-Profit College Rules
(DBN)

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Gambling:

Caesars weighs layoffs, but Strip might be spared
(DBN)

New Revel casino owners plan $200 million in renovations
(DBN)

Foxwoods to eliminate more than 80 dealer jobs
(DBN)

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Cutlery:

Cash-strapped Lamson seeks worker pay cuts
(DBN)

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Debt Collection:

It’s unethical for prosecutors to lend out letterhead to debt collectors, ABA opinion says
(DBN)

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Entrepreneurs:

Against All Odds: How One Woman Built A $5M Business From Bankruptcy
(DBN)

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Mass Torts:

Feinberg May Seek GM Ignition Victims in Regulator Files
(DBN)

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Sovereigns:

Mexico issues ‘anti-vulture’ debt --- New Mexico Bonds Learn From Argentina
(DBN)

Counting Pennies In Venezuela
(DBN)

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UK:

The Avoidance of Antecedent Transactions and Cross-border Insolvency: England and Wales
(DBN)

Gateley partner William Ballmann comments on latest R3 insolvency risk figures
(DBN)

BoE dismisses chief forex trader over 'serious misconduct'
(DBN)

Linklaters, Clifford Chance among firms advising as banks face record fines following forex probe
(DBN)

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EU:

Washington steps up calls on Europe to do more for its economy
(DBN)

Sign of the Times: Tightening Mortgage Rules in Europe
(DBN)

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PIIGS:

Pescanova's former president faces asset seizure
(DBN)

Italians Say No to Risk as Slump Takes Toll on Startups
(DBN)

Monte Paschi 'ploughs ahead' despite widening losses
(DBN)

Nama resumes pursuit of Dunne after legal move
(DBN)

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Russia:

Russia Appeals European Court's $50 Billion Yukos Damages Ruling
(DBN)

Crazy Things You Didn't Know About Russia
(DBN)

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Ukraine:

NATO: Yes, Russian Troops Are Pouring Into Ukraine
(DBN)

Ukraine Economy is Now in Free Fall
(DBN)

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Brazil:

Batista Awaits Insider-Trading Case Eating Japanese Food
(DBN)

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Mexico:

Mexico's Bold Move on Debt Restructuring Contracts
(DBN)

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