November 20, 2014

The Daily Bankruptcy News

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Law:

More Fallout From The Morgan Lewis / Bingham McCutchen Deal --- Morgan Lewis-Bingham deal is unique — even for law firms --- Morgan Lewis - Bingham McCutchen Hybrid - Who Loses Out? --- Workers reportedly get pink slips at Bingham global services center
(DBN)

Bankruptcy Lawyer: Cancer, hope and giving thanks
(DBN)

Think tank sues Winstead for $1M, says firm helped CEO secretly settle with worker by promoting her
(DBN)

Prof. Ken Klee on bankruptcy in the Supreme Court
(DBN)

Another Year of Steady Growth for In-house Salaries
(DBN)

Business of Law
(DBN)

Are 2016 law grads in luck? New stats say lawyer jobs will exceed graduates that year
(DBN)

Back In The Race: Contemplating Change
(DBN)

Conquering Boredom As A Document Reviewer
(DBN)

Amid Corporate Stress, Lawyers' Ethics Still Count
(DBN)

Why Did So Many People Flunk the Bar Exam This Year?
(DBN)

9 Things That Law Firm Managing Partners Get Wrong About Social Media
(DBN)

Here's How Apple Can Save The iPad
(DBN)

Truth About iPhone 6 Plus: What It's Like Spending 60 Days With Apple's First Phablet
(DBN)

Lawyer Who Allegedly Stabbed Managing Partner Might Have Had Plans To Attack Other Attorneys From Same Firm
(DBN)

Lawyer is reprimanded for including noncompete provision in associate’s contract
(DBN)

A look inside the 2014 Ames Moot Court Competition
(DBN)

Which law firms got perfect scores for LGBT inclusion?
(DBN)

You've Been Tying Your Scarf All Wrong — Here Are 3 Ways To Stay Warm
(DBN)

Couple "fined" for unfavorable online hotel review
(DBN)

Lawyer Accused Of Hypnotizing Clients Into Sex Acts --- Emergency license suspension sought
(DBN)

Cops: 350-pound thief sat on stolen rib eye steaks in motorized scooter
(DBN)

Mississippi Group Wants To Declare Christianity A State Religion
(DBN)

New Mother Denied The Right To Breastfeed During Bar Exam
(DBN)

Amazing LA jail gay wing has drag shows, weddings, and pole dancing
(DBN)

5 Things to Know About the Ferguson Grand Jury
(DBN)

Radio host: Men forced to r--- because women ‘whip up’ a ‘huge amount of energy’
(DBN)

‘We ain’t taking no n------ here’; fire chief refuses to help black family in traffic accident
(DBN)

Prosecutors Need To Get Religion About Disclosure Obligations
(DBN)

Alabama lawyer’s slaying was a contract killing, alleged go-between testifies
(DBN)

Did burglars target attorneys’ home based on their law firm website profiles?
(DBN)

Jury awards $186 million to woman demoted and fired by AutoZone for being pregnant
(DBN)

A Broker Has Been Banned From The Industry For Allegedly Stealing $1 Million Worth Of Office Supplies
(DBN)

3 Students Shot At Florida State University, Gunman Killed
(DBN)

Say What?!
(DBN)

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Judges:

The View From Up North: Courtroom Poetry Scandal
(DBN)

The Supreme Court Won’t Be Getting Another Sotomayor Anytime Soon
(DBN)

When judges say too much
(DBN)

The Supreme Court - Selective empathy
(DBN)

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Wall Street:

Stocks seen lower ahead of inflation, housing data
(DBN)

Stocks Are Sliding
(DBN)

Fed Releases Minutes, Markets Shrug
(DBN)

U.S. Stocks Resume Declines
(DBN)

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Layoffs:

Alpha will cut 412 coal jobs in deal with Rosebud Mining Co.
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Tech:

GT Advanced Tech creditors chafe at settlement deal with Apple
(DBN)

GT Advanced-Apple Accord Hearing Put Off Till Dec. 10
(DBN)

Inside Apple's Broken Sapphire Factory --- Apple's Suppliers Kept Making Mistakes With Sapphire Screens
(DBN)

Noteholders To Probe GT Advanced
(DBN)

Qualcomm CEO more cautious on future revenue growth
(DBN)

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Religion:

Federal judge says no to ex-priest's claim in Archdiocese of Milwaukee bankruptcy case
(DBN)

Lawyer for Lynn Attacks Child Endangerment Conviction
(DBN)

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Fraud:

Does Knowing You Are a Banker Make You More Dishonest?
(DBN)

Feds charge Deca Financial founder in $5M fraud
(DBN)

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Payroll Services:

Firms in a bind after payroll operators charged with fraud
(DBN)

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Health and Beauty:

American Laser Skincare closes 100 clinics
(DBN)

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Auto Racing:

What bankruptcy? Marrusia F1 reportedly heading to Abu Dhabi
(DBN)

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Shipping:

OW Bunker’s Units Seek Sale of Stranded California Oil
(DBN)

Lawyer: OW Bunker Management Must Have Known What Was Going On Between DOT and Tankoil
(DBN)

OW Bunker Looking for Quick Sale of Stranded Bunkers
(DBN)

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Paper:

Short-term fate of Old Town mill to be decided in bankruptcy hearing
(DBN)

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Tax:

A Legal Victory For Strippers Is Bad News For The '1099 Economy'
(DBN)

Feds freeze 1,000 student accounts at Florida college, charge 21 in $1.9M tax-refund scheme
(DBN)

Secured Lender Primes Earlier Federal Tax Lien in Fourth Circuit Split Decision
(DBN)

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Economy:

FOMC Minutes: "a few expressed concern that inflation might persist below the Committee's objective for quite some time"
(DBN)

With Wary Eye on Global Tumult, Fed Opted to Stay on Policy Path for Now
(DBN)

US: Record Consumer Debt & Taking on More
(DBN)

Oil and gold price plunge does not signal a global recession, experts say
(DBN)

Brent Oil Drops for Fourth Day on Euro-Area Slowdown
(DBN)

The Fed Has No Idea How To Tell The Market It's Going To Raise Rates
(DBN)

Millennials Believe Just One Year on the Job -- or Less -- is Plenty --- Why It's So Hard for Millennials to Find a Place to Live and Work
(DBN)

What It's Like To Raise 2 Kids Making $600 A Month At McDonald's
(DBN)

Elon Musk Is Not Alone In His Belief That Robots Will Eventually Want To Kill Us All
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Fannie-Freddie Overseer Urged to Seek Exit From Conservatorships
(DBN)

Single-family housing starts, permits make huge jump in October
(DBN)

Housing Starts Fall 2.8% As Builders Plan For More Multi-Family Down The Road
(DBN)

MBS Investors are Entitled to Increased Bankruptcy Distributions
(DBN)

AIA: Architecture Billings Index shows slower expansion in October
(DBN)

MBA: Mortgage Applications Increase in Latest MBA Weekly Survey
(DBN)

Another Chicago Spire victim: architect Santiago Calatrava
(DBN)

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Municipalities:

How Detroit Was Reborn - The inside story of Detroit's historic bankruptcy case
(DBN)

After Detroit's Close Call --- A court ruling saved the DIA's artwork, but other museums whose works are government-owned might not be so lucky
(DBN)

Judge denies stay, tosses most of emergency manager law challenge; one claim to go forward --- Judge: EM lawsuit can proceed on racial grounds
(DBN)

A New Playing Field For Distressed Municipalities
(DBN)

Joint effort must be made to save Atlantic City
(DBN)

The 15 Hottest American Cities For 2015
(DBN)

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Autos:

Arizona Sues GM For $3 Billion Over Recalls
(DBN)

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Retailing:

Report: Lender drops out of negotiations with RadioShack
(DBN)

Target's Balancing Act
(DBN)

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Awards:

Vinson & Elkins Partner Bill Wallander Named Fellow of American College of Bankruptcy
(DBN)

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Aviation:

The Unfriendly Skies - Now there’s only one major American airline that lets you check in a bag for free
(DBN)

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Corporate Reform:

New York’s financial regulator wants bankers where it can see them
(DBN)

Feds Collect $24.7B in Penalties - Mostly From Big Banks
(DBN)

DOJ Called Mum on Deals with Bigwigs
(DBN)

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Brokers:

Judge orders trial over US Bank's role in Peregrine fraud
(DBN)

____________

Gambling:

Casino workers to march against Icahn --- Icahn ire on display as workers assemble in A.C.
(DBN)

Trump Casino Bankruptcy Judge Asks If Time to Liquidate
(DBN)

Taj Mahal to Stay Open If Union Drops Contract Appeal
(DBN)

Caesars Lender Silver Point Said to Exit Debt Negotiations
(DBN)

Caesars, creditors consider turning unit into REIT
(DBN)

Caesars Shares Are Going Bonkers
(DBN)

Caesars reveals plan after creditor walks away --- Caesars to Split Casinos, Management in $18.4 Billion Restructuring
(DBN)

Brookfield Property Partners pulls out of Revel acquisition
(DBN)

____________

Newspapers:

Judge approves auction plans for News Publishing Company
(DBN)

____________

Golf:

Owners of closed golf courses must clean up their land
(DBN)

____________

Politics:

Obama Faces Skeptical Public on Immigration Action --- Even Democrats Are Freaked Out By Obama's Railroading Of Immigration Reform --- Republicans Blast 'Emperor' Obama's Immigration Order --- Legal Panel At Federalist Society Begrudgingly Accepts Obama's Immigration Powers --- G.O.P. Unveils Immigration Plan: “We Must Make America Somewhere No One Wants to Live” :)
(DBN)

Detroit’s Immigrants Sustain City as Debate Consumes Washington
(DBN)

FactCheck: Keystone XL Claims
(DBN)

____________

Mass Torts:

Garlock: Hodges approves $2.4M in fees and expenses for ACC
(DBN)

____________

Taxis:

Uber is so over for many ride-sharers --- A Leaked Internal Uber Presentation Shows What The Company Really Values In Its Employees --- Uber's terrible, horrible, no good, very bad day --- And Now A Senator Has Some Uncomfortable Questions For Uber --- Uber Badly Needs Adult Supervision --- Here's How Much Uber Drivers Really Make
(DBN)

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Personal Finance:

10 Things Not To Buy On Black Friday
(DBN)

42 Things You Can Do Right Away To Spend Less Money
(DBN)

____________

Credit Counseling:

Debt settlement firm owner gets 9 years prison for fraud scheme
(DBN)

____________

Television:

Bankruptcy Amid Labor Dispute With DirecTV
(DBN)

____________

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 (18 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)

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Bankruptcy Statistics:

Forty-Four Percent of Chapter 15s Filed in S.D.N.Y. in 2014
(DBN)

Ch. 11s Fall 24 Percent in Week Ended Nov. 14 from Year Ago Pace
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

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Bankruptcy Fees:

New and Increased Miscellaneous Bankruptcy Fees Effective December 1, 2014
(DBN)

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Bankruptcy Forms:

Changes in the Bankruptcy Forms Effective December 1, 2014
(DBN)

____________

Bankruptcy Rules:

Amendments Adopted by the Supreme Court to be Effective December 1, 2014
(DBN)

____________

CBAs:

Section 1113 Applies to Expired Collective Bargaining Agreements
(DBN)

____________

Professional Compensation:

Judge Approves More Fees for Nortel Advisers
(DBN)

___________

Discharge:

Ninth Circuit Expands the Limits of Post-Confirmation Injunctions and Non-Debtor Releases Under A Chapter 11 Plan
(DBN)

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Privacy:

Bankruptcy Sales of Personally Identifiable Information: Does it Satisfy the Privacy Policy?
(DBN)

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Resorts:

Judge rules against Colony Lender in damages claim
(DBN)

____________

Health Care:

Hutcheson Medical Center filing for Chapter 11 protection
(DBN)

Nearly half of revenues collected from Natchez Regional
(DBN)

How 13 Million Americans Could Lose Insurance Subsidies
(DBN)

Prescription Drug Costs to Jump $1.3 Trillion
(DBN)

Do Supplements Work?
(DBN)

____________

Banking:

University of Zurich claims banking industry culture favors dishonesty
(DBN)

____________

Signs:

Chicago Sign Company Files Bankruptcy
(DBN)

____________

Celebs:

NY Times: Al Sharpton's Influence Grows, As Do His Unpaid Taxes --- Lessons From Rev. Al Sharpton's $4.5 Million Tax Bill --- Al Sharpton: Working Out Tax-Debt Issues
(DBN)

____________

Art:

Intimate Portraits Of People In Debt Shed Light On A Hidden American Crisis
(DBN)

____________

UK:

Bankrupt David James in auction frustration
(DBN)

UK retail sales rose by 0.8% in October as prices fell
(DBN)

EU should keep limit on bank bonus, adviser says in blow to UK
(DBN)

Confused UK redundancy law involving Woolworths’ insolvency before the European Court this week
(DBN)

____________

EU:

What recovery? Surveys show Eurozone slowing again in November
(DBN)

Euro-Area Growth at Risk as Factories, Services Weaken
(DBN)

Germany Just Dragged Europe's Growth To A 16-Month Low --- Industry Flatlines In Another Shocker For Germany
(DBN)

____________

Brazil:

Eike Batista insider trading trial a landmark for Brazil
(DBN)

____________

MENA:

Treasury orders cuts in Hebrew University pensions
(DBN)

Taxpayers From U.K. to Korea Take on Risk to Help Dubai’s Growth
(DBN)

____________

Switzerland:

Switzerland's Eurofin in Process of Largely Shutting Down -- Sources
(DBN)

____________

Russia:

Russia's Banking Giants Suddenly Look Vulnerable to Sanctions
(DBN)

Moscow court to consider defamation lawsuit against ex-tycoon Khodorkovsky
(DBN)

____________

Ukraine:

Russia Has Basically Blown Up Crimea's Banking System --- Russia Is Moving Combat Aircraft To The Ukrainian Border
(DBN)

____________

Iceland:

Ex-head of Iceland bank Landsbanki jailed 12 months
(DBN)

____________

China:

Crashing Steel Prices Lead To Largest Chinese Bankruptcy, "Will Be Followed By Others"
(DBN)

China manufacturing shows weakness
(DBN)

US asset management firm: Chinese debt timebomb ticking away
(DBN)

Distressed Debt in China? Ain’t Seen Nothing Yet, Buyers Say
(DBN)

Muddy Waters’s Block Says He’s Shorting Superb Summit Group
(DBN)

____________

Japan:

Japan's Demographic Nightmare
(DBN)

The Abenomics death spiral
(DBN)

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