November 3, 2014

The Daily Bankruptcy News

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Law:

Stockton Bankruptcy Yields Big Bucks for Orrick
(DBN)

The State Of The Legal Job Market
(DBN)

Lawyers Decry Clawback Ruling in Dewey Case
(DBN)

Stat Of The Week: 3 Percent Of Biglaw Lawyers
(DBN)

UK: Diversity League Table reveals that just one in 200 partners is black
(DBN)

Charlie Geffen: “I’d have loved Ashurst to do a US merger"
(DBN)

Business of Law
(DBN)

Littler Receive Judicial Slapping Over Lawsuit
(DBN)

The Economic Value of a Law Degree: $1 Million
(DBN)

Law firm loses court battle to prevent judgment creditor of client from obtaining trust-account info
(DBN)

Norman Siegel: Some At Manhattan Equinox Sports Club Want To Ban "Ebola Nurse's Lawyer"
(DBN)

This Week by the Numbers: Salary Bumps, Cautious Law School Optimism and a Big Windfall
(DBN)

Infographic: Challenges of Law Firm Billing
(DBN)

Law School According To Kanye West
(DBN)

Could Law School Be Any Scarier?
(DBN)

What can you tell about a law school by its building?
(DBN)

Moot prospects for law schools in U.S., Japan
(DBN)

Bar exam posts single-largest drop in scores in history
(DBN)

Duquesne Prof Sues Dean, Law School For Discrimination After Tenure Denial
(DBN)

Thomas Jefferson School of Law offers academic merit scholarship to applicants with 2.0 UGPA/ 140 LSATs. --- More details on Thomas Jefferson's restructuring deal with bondholders
(DBN)

Law School Asks That Students Not Be Racist Idiots This Halloween
(DBN)

5 Things To Know Before Buying A Custom Suit
(DBN)

Your iPhone Has A Secret Undo Button
(DBN)

Rural areas face declining lawyer numbers
(DBN)

Sparks fly over mistranslated Orrick press release about new Ivory Coast office
(DBN)

Charles Schwab sues law firm and its client for libel over ‘chuck-you.com’ website
(DBN)

10 Top Investing Books For Biglaw Associates
(DBN)

Bad Arguments
(DBN)

Law Firm Lawsuit-Palooza: Am Law Firms Face Claims for Failed Deals, Firings
(DBN)

Holder: New AG Unlikely Before New Year
(DBN)

Aaron Hernandez: The Road From Play Action To Plagiarism Is… Murder!!!
(DBN)

Apple Is Reportedly Planning A 12-Inch iPad That Will Be Like Microsoft's Surface
(DBN)

The Steve Jobs Guide To Manipulating People And Getting What You Want
(DBN)

How Police Found Alleged Cop-Killer Eric Frein
(DBN)

The 29 States Where Tim Cook Could Have Been Fired For Saying He Was Gay
(DBN)

Police Say Ex-Boyfriend Emailed Photos Of Teacher To 250 High School Students
(DBN)

There's Been A 'Mass Release Of Felons' Because Of One FBI Agent
(DBN)

Only "Unhappy Women" Complain About Street Harassment
(DBN)

Ex-cop accused of torturing defendants will keep $4,000 monthly pension, state supreme court rules
(DBN)

Federal Civil Rights Charges Unlikely Against Ferguson Police Officer
(DBN)

2nd Circuit reverses jury verdict for police who shot family’s dog to death in its own yard
(DBN)

Surgeon sues surgical-gown manufacturer over claims that their product protects against Ebola
(DBN)

In Further Defense Of Jonathan Dach, The Yale Law Grad Dragged Into A Sex Scandal
(DBN)

Trick Or Cheat? A Pair Of Magicians Have Their Day In Court
(DBN)

Mom, 18, Arrested For Photo Of Toddler On Hook
(DBN)

"Identical" By Scott Turow - Comedy Of Errors
(DBN)

The 10 best legal movies of all time
(DBN)

Refs Try To Eject Cops Handling The Crowd At Football Game. Guess What Happened?
(DBN)

‘Spider-Man’ plans false-arrest suit against NYPD, seeks fair treatment of costumed superheroes
(DBN)

The Banker Suspected Of Killing 2 Hookers Left Chilling Emails At Work
(DBN)

Man Allegedly Mad Jared Diet Didn't Work Robs Four Subways in Four Days
(DBN)

Driver Sought in Halloween Hit-and-Run That Killed Three Kids
(DBN)

2015 LMRM Panel To Demystify Defense of Legal Malpractice Claims In Bankruptcy Court: A Trend Every Lawyer with a Judgment-Proof Client Must Be Aware Of!
(DBN)

5 of the strangest lawsuits making headlines
(DBN)

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Judges:

Chief Judge Cracks Wise About Kardashian
(DBN)

You’re Not Going To Top This Halloween Costume: Ruth Baby Ginsburg
(DBN)

Federal judge: A judge, like the Fed Reserve chief, should care about income inequality
(DBN)

Judge faces ethics investigation over prosecutor’s viewing of live courtroom feed
(DBN)

Supreme Court to hear case on presidential 'signing statements'
(DBN)

Justice Sandra Day O'Connor on Why Judges Wear Black Robes
(DBN)

Judge: Why Innocent People Plead Guilty
(DBN)

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Wall Street:

European Markets And US Futures Are Down A Hair
(DBN)

US stocks end a turbulent month at a record high
(DBN)

Jefferies Exec Sage Kelly (Allegedly!) Lets Analysts Deal With His 28k Tabs
(DBN)

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Layoffs:

 

Here's The Best Way To Answer When An Interviewer Says 'Tell Me About Yourself'
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Oil/Gas:

Marion Energy Files Bankruptcy Owing More Than $100 Million
(DBN)

Marion Energy's U.S. Unit Files for Chapter 11 Oil - Company Has Lined Up a $4.2 Million Bankruptcy Loan
(DBN)

Bankrupt Buccaneer selling Alaska assets to its largest creditor
(DBN)

Declining Oil Prices makes it Imperative for Shale Oil Companies to improve their Value Chains
(DBN)

Is There Really an Oil Glut?
(DBN)

America's Energy Giants Warn Cutbacks Are Coming
(DBN)

20 percent decline in price of fuel recently has a reason
(DBN)

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Personal Finance:

How You?r ?Physical Appearance Impacts? ?Your Career
(DBN)

Psychologist: Here's How To Make The Most Of Your Commute
(DBN)

Why We Make Money Mistakes
(DBN)

____________

Religion:

Mars Hill dissolving, future of 13 church sites unknown
(DBN)

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Television:

We are finally nearing a resolution in the CSN Houston chaos --- Transition begins to Root Sports; Comcast plans appeal --- Astros, Rockets games to have wider TV audience
(DBN)

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Retailing:

Appellate Court: Unredeemed Borders Gift Cards Are Still Worthless
(DBN)

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Aviation:

Privatize Or Face Bankruptcy - analyst tells Malaysia Airlines
(DBN)

____________

Corporate Reform:

Senate Panel to Hold Hearing on Regulators’ Ties With Banks
(DBN)

Theme in Big Banks' Latest Earnings Reports: Legal Costs
(DBN)

It Takes Regulators to Punish Businesses
(DBN)

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Mass Torts:

Judge issues order detailing unsealing protocol in Garlock bankruptcy case
(DBN)

Asbestos firm seeks to transfer racketeering case against it to New York
(DBN)

____________

Fraud:

OH: More people come forward in FBI investigation of pyramid scheme
(DBN)

Zeek Receiver Files Clawbacks Against Canadian Net Winners
(DBN)

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Asset Protection:

The Insolvent Debtor - Are Charity And Family Gifts Still Possible?
(DBN)

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Steel:

GrafTech sales and profits continue to slump
(DBN)

____________

Economy:

Goldman: We Disagree With The Fed
(DBN)

U.S. Consumer Spending Drops Unexpectedly
(DBN)

Fed's Williams says central banks should refocus on inflation
(DBN)

Fed’s Lacker Says Inflation Is Low and Not a Problem --- Fed’s Lacker: U.S. Can Take Rate Rises Well
(DBN)

One Reason for Inflation Softness Might Be the Season, Fed Research Suggests
(DBN)

Fed readjusting to new policy era after recovery from financial crisis
(DBN)

Yellen's false premise
(DBN)

Best Out Of Three Rounds: Obama vs. Reagan On The Economy
(DBN)

Heart Of Inequality Problem
(DBN)

Almost Half Of Millionaires Support Raising Taxes On The Rich
(DBN)

Small Business Divided Over Minimum Wage Votes
(DBN)

Central bankers are caught in their own trap
(DBN)

Economists say China slowdown will cause global pain but leave US relatively unhurt
(DBN)

Here's How Much Income Puts You In The Top One Percent Of Your Age Group
(DBN)

11 Staggering Facts About The Texas Economy
(DBN)

Feds Made $20 Billion in Secret Purchases
(DBN)

60,000 Vets Get Triple Benefits Legally
(DBN)

The Reason Why We Turn Back The Clocks For Daylight Savings Every Year --- Studies Cast Doubt on Value of Daylight- Saving Time
(DBN)

Shadow Banking Assets Hit Record $75T
(DBN)

Factory growth ebbs in Europe & Asia, making case for more stimulus
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Financial Woes Pile Up at American Realty Capital
(DBN)

FBI Opens Criminal Probe Into American Realty Capital Amid Accounting Meltdown
(DBN)

Special Inspector General of the Troubled Asset Relief Program report: Homeowners lost in the shuffle
(DBN)

Calculating Title Insurance Claims: Reduction in Value vs. Insured Claim
(DBN)

Google CEO Larry Page: Million Dollar Houses In Silicon Valley Should Only Cost $50,000
(DBN)

Ballard Spahr denies conflict of interest in Pat Turner's Westport case
(DBN)

Plan to Restart Chicago Spire Project Fizzles, Leaving Future in Doubt --- The Saga of the Chicago Spire Quickly Approaching Its End --- Would-be Chicago Spire developers lose coveted property
(DBN)

Former loan officer is 2nd to be charged in huge Charleston mortgage fraud
(DBN)

Former mortgage fraud ring defendant who was acquitted, sued by her lawyer for $135,000 fee
(DBN)

6 housing boomtowns that haven't come back
(DBN)

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Municipalities:

What's next after Detroit bankruptcy ruling?
(DBN)

Different pension rulings expected in Stockton, Detroit bankruptcies
(DBN)

Obama urges Snyder's defeat despite common ground
(DBN)

DIA can learn from PR mess
(DBN)

Atlantic City bust: How a storied gambling destination lost its lustre
(DBN)

Bankruptcy judge offers mixed ruling on pension permanence --- City Bankruptcy And Pension Ruling Not As Bad As It Seems
(DBN)

CalPERS Hails Stockton Bankruptcy Ruling
(DBN)

Stockton shows that bankruptcy is no way to cut pension debt
(DBN)

Stockton Bankruptcy Plan Sets Bad Precedent For Muni Investors – Moody’s
(DBN)

Judge Who Said He Could Whack Pension in Stockton Bankruptcy Doesn’t Do It
(DBN)

Challenges abound after favorable bankruptcy decision
(DBN)

Act 47: Pennsylvania Says Enough Is Enough. Or Is It? --- Brenner: Act 47 no magical solution
(DBN)

Pension cuts a key in municipal bankruptcies
(DBN)

Columbus ranked "Brokest City in America"
(DBN)

5 Cities That Have Really Recovered From the Recession
(DBN)

States Slashing Education Spending
(DBN)

____________

Corporate Governance:

Business Judgment Rule Protects Board's Decision to Maximize the Value of an Insolvent Delaware Corporation Even If It Puts Creditors at Risk
(DBN)

____________

Healthcare:

Palm Drive Hospital on the Ballot - Support vs. Skepticism
(DBN)

Here's The Worst-Case Scenario For Ebola In The US
(DBN)

Terminally Ill Woman Who Fought For Her Right To Die Commits Suicide --- Do Physician-Assisted Death Laws Deserve to Die With Dignity?
(DBN)

Collateral Damage: How A Cancer Diagnosis Hurts Employment and Finances
(DBN)

New Jersey's Rogue Spinal Surgeon
(DBN)

____________

Electricity:

Judge will decide today on how EFH's auction of Oncor moves forward
(DBN)

Energy Future's Speedy Bankruptcy Hinges on Oncor Ruling
(DBN)

____________

Celebs:

RHONJ Teresa Giudice prison advice from 'Orange is the New Black' star
(DBN)

Shane Filan: Glad to be bouncing back after losing everything
(DBN)

The Broke and the Beautiful: 38 Studios Settlement Edition
(DBN)

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Non-Profits:

Bankruptcy trustee freezes YMCA's assets
(DBN)

____________

Politics:

Democrats Are In Deep Trouble
(DBN)

This Man May Soon Be One Of The Most Powerful People In America
(DBN

GOP Win Could Spark Wall Street Party
(DBN)

Voters Favor GOP by Slim Margin for Control of Congress, WSJ/NBC News Poll Shows
(DBN)

Washington Post: GOP Will Sweep It All
(DBN)

Politics, The Economy and Real Facts
(DBN)

Both Parties Claim Upper Hand on Ground Game for Election Day
(DBN)

Civil Rights Group: Encouraging Americans To Vote Is Not "Voter Fraud"
(DBN)

____________

Education:

For-profit colleges face 'gainful employment' rule
(DBN)

____________

Pensions:

Bankruptcy judge explains pension cut hurdles
(DBN)

Senators back Delphi Salaried Retirees effort to restore pensions
(DBN)

____________

Temporary Staffing:

Trustee for bankrupt Able Body staffing firms sues Synovus Bank
(DBN)

____________

Auto Racing:

F1 bankruptcy costs American his chance at USGP
(DBN)

____________

Movies:

Digital Domain Flop: Judge Orders Return of $18 Million in State Tax Credits By Defunct Special Effects Company
(DBN)

____________

Shipping:

Funds target shipping despite restructures
(DBN)

____________

Student Debt:

Study: Student Debt Not That Bad
(DBN)

____________

Consultants:

FTI Consulting Tops Q3 Earnings & Guides Higher; Shares Up
(DBN)

____________

Agriculture:

AgFeed Industries Shareholders Sue Hormel Foods
(DBN)

____________

Telecoms:

Americans Pay Most for Slowest Internet
(DBN)

____________

Bankruptcy Crimes:

Springfield man sentenced for bankruptcy fraud
(DBN)

____________

Franchises:

10 famed US franchises that faced financial ruin
(DBN)

Franchise players: How to avert financial disaster
(DBN)

____________

New Bankruptcy Opinions
(9 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 (__ 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:

The Week Ahead
(DBN)

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Cross-Borders:

Corporate Bankruptcy Tourists Land in U.S.
(DBN)

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Plan Confirmation:

Recent “Family Farmer” Case Shows How Secured Creditors Can Avoid Being Plowed Down By Unfair Cramdown Provisions
(DBN)

____________

Lien Stripping:

SCOTUS Asked About Wholly-Unsecured Liens In Ch. 7
(DBN)

____________

Safe Harbors:

Is this Harbor Safe? Second Circuit Set to Explore Limits of Bankruptcy Code Section 546(e) | Wiley On Bankruptcy
(DBN)

____________

Proofs of Claim:

Think Twice: Signing Proofs of Claim for Clients
(DBN)

____________

Intercreditor Agreements:

Ruling Shows Weaknesses of First Lien/Second Lien Intercreditor Agreements
(DBN)

____________

Exemptions:

A More Ancient Household Goods Rule
(DBN)

____________

Court Access:

US Bankruptcy Judge says he intends to “completely unseal” document related to GTAT bankruptcy
(DBN)

____________

UCC:

Delaware Supreme Court Finds UCC Termination Filings Valid Despite Lack of Lender's Intent
(DBN)

____________

TBTF:

Boies Poised for Possible Upset in AIG $25 Billion Bailout Trial
(DBN)

____________

Tech:

Judge to Unseal GT Advanced Bankruptcy Filing Documents
(DBN)

GTAT's Apple Deal Could Come Undone
(DBN)

ARC Energy Is Trying To Step On GTAT's Throat
(DBN)

____________

Alternative Energy:

Deadline passes and state receives no payment from KiOR
(DBN)

____________

Gambling:

Creditors blast reorganization plan for Trump Entertainment
(DBN)

Taj Mahal workers to give AC mayor petition
(DBN)

Las Vegas Mega Flops: 3 Casinos That Squandered Away Billions
(DBN)

____________

Fraud:

Trustee seeks 'false profits' from Petters investors
(DBN)

SEC Charges Former Turnaround Professor
(DBN)

Two More Executives Charged In Alleged $300 Million Cay Clubs Ponzi Scheme
(DBN)

___________

Batteries:

Exide Chapter 11 Bankruptcy Loan Is Extended
(DBN)

Exide nets OK for its amended DIP at the cost of plan exclusivity
(DBN)

____________

Sovereigns:

CFK blasts Obama for 'vulture' official
(DBN)

AFTA: A group that has become increasingly aggressive through the years
(DBN)

Fitch ratings lowers Argentina Par bonds under foreign law to "D"
(DBN)

Hedge Fund Thinks Fighting Argentina Over Bonds Looks Fun
(DBN)

'Vultures' campaign against Argentine corruption
(DBN)

Bonds So Distressed Even Panic-Stricken Junk Outperforms Them
(DBN)

Argentina's Disturbing New Low
(DBN)

____________

UK:

Tesco eyes £1bn from bank sale
(DBN)

Rise in restriction orders to stop bankrupts salting away cash and favoring a creditor
(DBN)

Insolvency crisis deepens: Record numbers taking drastic action to manage their debt
(DBN

England Retires Some of Its WWI Debt
(DBN)

Angela Merkel Threw Down A Huge Ultimatum To David Cameron
(DBN)

UK Manufacturing PMI Climbed To A 3-Month High
(DBN)

____________

EU:

This Week, We'll Learn How Much The Eurozone Economy Stinks
(DBN)

Deflation Hit More Eurozone Products in October
(DBN)

____________

PIIGS:

Monte Paschi Ex-Chairman Mussari Convicted in Siena Case
(DBN)

Italy's PMI Signals A Worrying Slide
(DBN)

Spain's Factories Hold At 4-Month High
(DBN)

Cost of bankruptcy petitions reduced, halving previous expense
(DBN)

____________

Canada:

Denis St-Onge honored by the Canadian Bar Association
(DBN)

Seniors struggle with debt, bankruptcy as more of them help adult children
(DBN)

____________

Germany:

Germany's Flagship Bank Is Fragile
(DBN)

____________

France:

France's Industry Just Recorded Its Sixth Month Of Shrinkage
(DBN)

____________

Australia:

Should bank capital levels distress Australian regulators?
(DBN)

Bankruptcies rise in FY14
(DBN)

____________

China:

China slowdown to bruise global economy
(DBN)

China’s growth in danger of slowing more sharply
(DBN)

In Sign of Slowing Economy, China's Underwriting Industry Takes a Hit
(DBN)

____________

Bulgaria:

Bulgarian Parliament Rejects Plan to Bail Out Corporate Bank
(DBN)

Corpbank's bankruptcy to be announced on Thursday
(DBN)

Hostages of Bulgaria's Corpbank III.: Homeless and without money in just a day
(DBN)

____________

MENA:

The Impact of UAE Insolvency Law Reforms
(DBN)

ISIS Kills 50 in Iraq
(DBN)

US-backed forces in Syria suffer big setback
(DBN)

ISIS: Obama's Quagmire
(DBN)

Boko Haram Denies Ceasefire, Says Kidnapped Girls Are Now Married
(DBN)

____________

Africa:

South Africa's ruling party denies being bankrupt
(DBN)

____________

Argentina:

AFIP suspends Procter & Gamble for fiscal fraud, capital flight
(DBN)

Fitch Says Argentina to Remain in Recession Until 2016
(DBN)

____________

Russia:

Russia Is Doubling Down On Its Disastrous Ukraine Adventure
(DBN)

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