October 1, 2014

The Daily Bankruptcy News

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Law:

Weil Gotshal Hops on the (Real Estate) Downsizing Bandwagon
(DBN)

Business of Law
(DBN)

Over- And Underrated Biglaw Practice Groups
(DBN)

Why Diligence Sucks, Why You Suck At It, And Why Robots Want Your Job
(DBN)

Kirkland Names 82 New Partners, 3 In Bankruptcy
(DBN)

BTI: Fearsome Foursome - Litigation Outlook
(DBN)

There’s Something Weird About These ‘Elite Lawyers’ Rankings
(DBN)

Magic circle firms lose ground in brand rankings to Norton Rose Fulbright and DLA Piper
(DBN)

Beyond Biglaw: In-House Talent — Access Denied?
(DBN)

Attorneys who can address clients’ operational problems as well as their legal ones have an edge
(DBN)

Less Debt, Fewer Defaults, and More IBR
(DBN)

Law schools adapt to 'new normal'
(DBN)

Dismissal of Fraud Claims Against Law Schools Affirmed
(DBN)

Hey, Let’s Make Law School More Expensive! Top School Dean Proposes Tuition Increase
(DBN)

Every Law School Mistake Ever, From One Lady
(DBN)

Does Law School Ignore Technology and Efficiency?
(DBN)

Prospective law school students worried for future
(DBN)

“Everything Must Change in Italy”
(DBN)

Dentons Hires New Insolvency Head In Paris
(DBN)

Best Jobs For Salary And Growth - Law Professors?
(DBN)

How This Lawyer Ended Up With $350,000 In Debt And Near Poverty-Level Income
(DBN)

Grandma arrested for pointing gun at 7-year-olds: ‘How does it feel to be scared?’
(DBN)

8 Rules For Running A Great Meeting
(DBN)

Critics want tough-on-Wall Street replacement for Holder --- Bharara Says Next Attorney General Should Share His Priorities
(DBN)

Oklahoma Police Chief: To Avoid Cop R---, Don't Break Any Laws
(DBN)

Tracy Morgan Blasts Walmart For Blaming Truck Accident On Him
(DBN)

Dad Mad at Chipotle for Saying No to Diaper Changing on Restaurant Tables
(DBN)

Man Arrested After Shooting Down Neighbor's Drone
(DBN)

Lawyer who pleaded guilty to assaulting intoxicated woman at his office gets 9 months
(DBN)

Pennsylvania Trooper Shot Dead During Gun Training
(DBN)

Three lawyers are accused of paying criminal justice staffer to send wealthy defendants to them
(DBN)

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Judges:

What Should Be Done With Judge Mark Fuller? --- 5-member committee investigating Judge Mark Fuller includes 1 woman --- Calls grow for federal judge in Alabama to resign --- So far, lawmakers not seeking impeachment
(DBN)

Texas judge is probably America's most avid judicial Tweeter; is it unseemly? --- Judges On Twitter: Is This A Problem?
(DBN)

The Guy Who Wrote Your Con Law Book Thinks The Supreme Court Sucks At Its Job
(DBN)

An insincere call for Supreme Court "transparency"
(DBN)

FBI created phony defendant to trap judge; 2nd judge now being investigated by conduct board
(DBN)

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Wall Street:

U.S. Stock -Index Futures Little Changed Before Jobs Data
(DBN)

Lackluster factory data hits world stocks, dollar strong
(DBN)

U.S. stocks fall in end-of-quarter selloff; Dow declines 0.17%
(DBN)

Maybe This Is Why Carmen Segarra Drove the Fed Nuts --- How Not to Regulate
(DBN)

Billionaire Hedge Fund Manager Explains To MBA Students How He Makes A Ridiculous Amount Of Money
(DBN)

A Major Wall Street Bank Is Reportedly Getting Out Of The Derivatives Game
(DBN)

______________

Layoffs:

Masco to spin off division, cut HQ staff by 40%
(DBN)

Lies, fear and tragedy: The crisis of part-time work
(DBN)

General Mills to Cut 700 to 800 Salaried Jobs
(DBN)

Boeing plans 2000 job cuts in military work in Washington
(DBN)

Swedish carmaker Saab sheds nearly third of staff
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Personal Finance:

6 Ways To Screw Up A Job Interview Before It Even Starts
(DBN)

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Gambling:

Macau Publishes The Worst Numbers Since The Global Financial Meltdown
(DBN)

Brookfield reportedly has top bid for bankrupt Revel Casino --- New Bidder Pledges $94 Million
(DBN)

Firm Raises Bid for Atlantic City's Revel to $110M
(DBN)

Revel auction still taking bids, did not adjourn
(DBN)

Atlantic City's $2.4B Revel casino about to be reborn in bankruptcy sale?
(DBN)

Acrimony surfaces in Revel casino auction
(DBN)

Revel casino bidder seeks auction delay
(DBN)

Four bidders vying for Atlantic City's Revel
(DBN)

Trump attorney tells judge Taj pensions must end for casino to stay open --- Trump Entertainment Bid to Stop Pension Payments to Get Bankruptcy Hearing
(DBN)

The US Gambling Industry Is Worth $240 Billion
(DBN)

____________

Healthcare:

Better bankruptcy laws could save your life - Bankruptcy filers make more money and live longer
(DBN)

Baptist Memorial to lay off 112 workers in cost-cutting move
(DBN)

Bankruptcy judge approves sale of Natchez hospital
(DBN)

Natchez Regional transferred to Community Health Systems
(DBN)

Judge: Obamacare Tax Subsidies Illegal
(DBN)

You can now track the billions that drug companies pay doctors and hospitals
(DBN)

____________

Construction:

The wife of Truland Group Inc. CEO asks federal court to protect assets
(DBN)

____________

Fraud:

Galvin warns of a 'rebranded TelexFree fraud'
(DBN)

____________

Batteries:

Exide Technologies Seeks Approval From Lenders to Extend DIP Financing Maturity Date
(DBN)

____________

Economy:

US consumer confidence slides in September
(DBN)

Credit Card Spending Drops in First Quarter
(DBN)

America's Equipment Is Getting Seriously Old
(DBN)

Family Spending on Gas Hits All Time Record
(DBN)

2 Charts: Economic Crisis Far from Over
(DBN)

Here's What The 4 Official Recession Indicators Are Signaling Right Now
(DBN)

Rich countries risk ‘permanently weak’ demand: IMF
(DBN)

The Youngest Billionaires On The Forbes 400: 11 Under 40
(DBN)

Job Woes Linger in 29 States as U.S. Recovers Unevenly
(DBN)

Why Lawmakers Dumped the Working Class
(DBN)

Pimco ETF Gross Ran Sees Record $446.5 Million Outflow --- The Pimco Perplex --- PIMCO's New Management Didn't Seem Too Thrilled To Talk About Life After Bill Gross --- A Major Pension Consultant's New Downgrade Of PIMCO Funds Could Trigger Another Wave Of Outflows --- Size matters: Pimco's Total Return Fund was too big
(DBN)

‘Collapse’ in business credit signal may mean economic weakness ahead
(DBN)

The 25 Coolest New Businesses In Brooklyn
(DBN)

Here's What Keeps The World's CEOs Up At Night
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Home prices rising at slowest pace since 2012 --- Growth Slows Again in July, Says S&P/Case-Shiller
(DBN)

Growth in home prices keeps slowing, and that’s still good news
(DBN)

Shiller: Housing Shows Signs of Weakness
(DBN)

The Housing Recovery Won't Be Over For Years
(DBN)

MBA: Mortgage Applications Decrease Slightly in Latest MBA Weekly Survey
(DBN)

Fannie Mae: Mortgage Serious Delinquency rate below 2% in August, Lowest since October 2008
(DBN)

House Prices: Real Prices and Price-to-Rent Ratio decline in July
(DBN)

Subcontractor Claims: What Can You Do Once Your General Contractor Files Bankruptcy?
(DBN)

Judge Dismisses Much of Thornburg Suit Against Banks
(DBN)

Court throws out two suits over Fannie, Freddie dividends
(DBN)

JP Morgan Is About To Face An Enormous Class Action Lawsuit By Investors
(DBN)

Bank of America to transfer Countrywide subprime loans to Select Portfolio Servicing
(DBN)

Supreme Court Will Not Consider the Securities Act Statute of Repose Issue in the Indy Mac Case After All
(DBN)

Working-Class Neighborhoods Are Disappearing From American Cities
(DBN)

Four get federal prison time for mortgage-rescue fraud
(DBN)

___________

Municipalities:

Gilbert, Orr set to testify in bankruptcy trial today
(DBN)

Detroit bankruptcy trial continues amid reports of settlement --- Detroit's last major holdout creditor close to deal
(DBN)

Day 13: Detroit’s Bankruptcy Trial
(DBN)

Barclays boosts Detroit bankruptcy loan by $50 million
(DBN)

Bankruptcy scorecard Day 15: $50 million is a lot of cash to Rhodes
(DBN)

Detroit looking better to lenders, banker testifies --- Detroit Debt Plan to Win Lender Confidence, Buckfire Says --- Detroit should be able to borrow after bankruptcy -consultant
(DBN)

Detroit leaders display the art of governance
(DBN)

A Conversation With Detroit Mayor Mike Duggan
(DBN)

Detroit Mayor Says Making Buses Run on Time Is Job No. 1
(DBN)

Judge’s ruling doesn’t mean he was unsympathetic to those facing water shutoffs
(DBN)

Clean Potable Water a Human Right, Even in Detroit
(DBN)

Detroit school board votes to remove manager
(DBN)

Comcast to Follow 1 Million Who've Fled Bankrupt Detroit
(DBN)

Puerto Rico Bond Plans Slip Out
(DBN)

Stockton: Moment of truth as bankruptcy ruling expected today
(DBN)

The 15 Best Cities For Couples
(DBN)

What’s the Matter With Alabama?
(DBN)

____________

Retailing:

Sears Holdings Bid to Sell Canadian Operations Fails
(DBN)

Costco's Simple Strategy
(DBN)

Macy's to Hire 86,000 Employees to Manage Holiday Frenzy
(DBN)

___________

Sports:

How Much Each NFL Team Is Worth Compared To Its Owner's Worth
(DBN)

____________

Nuclear:

Power plant supplier USEC emerges from bankruptcy and changes name to Centrus Energy
(DBN)

____________

Celebs:

Jacqueline Laurita hiding her lavish lifestyle?
(DBN)

Lawyers Blast Bankrupt ‘RHONJ’ Star Jacqueline Laurita’s Attempt To Seal Court Documents Showing Her Big Spending—Despite Flaunting Her Lavish Lifestyle On Show
(DBN)

Bank Foreclosing On Home Of Goodie Mob's Khujo
(DBN)

Teresa And Joe Giudice Sentence: Couple Reportedly Throws 'Stay Strong' Bash Before Hearing
(DBN)

'Real Housewives' sentencing: Will Joe Giudice's decision to accept blame spare his wife prison time?
(DBN)

George Clooney Sold His Wedding Photo Rights To The Highest Bidder --- Clooney Spent $13 Million On Wedding?
(DBN)

____________

Lehman:

What It Was Like To Work At Lehman Brothers When It Collapsed
(DBN)

____________

Non-Profits:

Bankruptcy hearing for Metro Milwaukee YMCA held Tuesday
(DBN)

Milwaukee YMCA wins approval to sell four branches for $9 million
(DBN)

____________

Telecoms:

NII Holdings creditors committee appointed, full list
(DBN)

____________

Banking:

Banks trim 1,600 branches across country... Largest annual reduction on record
(DBN)

____________

Paper:

Cutler critical of LePage deal with Great Northern
(DBN)

____________

Chemicals:

Resin-Maker Reichhold Files for Bankruptcy to Pursue Sale
(DBN)

____________

Pensions:

Judge eyes Trump Entertainment pension obligations
(DBN)

____________

Alternative Energy:

IEA: Solar Power Wins by 2050
(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 (27 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (11 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:

Researchers Identify A Way To Foretell A Company's Stock Decline
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

______________

Bankruptcy Rules:

Proposed Bankruptcy Rule and Official Form Changes
(DBN)

____________

Cross-Border:

Second Circuit Vacates Bankruptcy Court's Refusal to Review Foreign Debtor's Sale of U.S. Asset
(DBN)

U.S. Causes of Action and Attorney Retainer Fund Sufficient Assets for Chapter 15 Recognition
(DBN)

____________

Automatic Stay:

The Reach of the Automatic Stay: One Court Reminds Us that Extending the Automatic Stay to Non-Debtors Is “Extraordinary Relief”
(DBN)

____________

Dismissal:

Taking A Stand Where Few Have Trodden: Structured Dismissal Held Clearly Authorized By The Bankruptcy Code
(DBN)

____________

Executory Contracts:

Questioning the Executoriness of Trademark Licenses in Integrated Agreements
(DBN)

____________

Avoidance Actions:

Uniform Voidable Transactions Act Approved by Uniform Law Commission to Replace UFTA
(DBN)

____________

TBTF:

The A.I.G. Trial Is A Comedy
(DBN)

Fed Didn’t Want to Make AIG Bailout Loan, Lawyer Says
(DBN)

Greenberg suit claims AIG was penalized
(DBN)

Court Throws Out Lawsuits Related to Fannie Mae, Freddie Mac Profits
(DBN)

Auto bailout moves center stage in Senate race
(DBN)

____________

Distressed Investing:

Ex-Tricadia's Black Said to Get $300 Million for New Fund
(DBN)

____________

Corporate Reform:

Preet Bharara Tells Why Wall Street Executives Aren't in Jail Over Crisis
(DBN)

Whistleblowers Under Threat in Supreme Court Case, Lawmakers Warn
(DBN)

____________

Sovereigns:

Why The US Is Telling Argentina How To Pay Off Its Debt
(DBN)

Fernandez Blames the U.S. for Judicial Decision about Hedge Funds
(DBN)

Argentina's President Sees Jewish Conspiracy?
(DBN)

Kirchner says US plotting to oust, kill her --- ‘If something happens to me, look north’, Cristina warns
(DBN)

Argentina Lobbies U.S .State Dept As Judge Rules Contempt
(DBN)

Government makes Par coupon payment deposit --- Argentina defies US court order --- A Judge's Rage Goes Ignored
(DBN)

Gov’t says Griesa contempt order 'baseless, has no impact’
(DBN)

US calls on Argentina "to normalize relations with all bondholders" --- US insists Argentina needs to agree 'with all its bondholders'
(DBN)

CFK blasts US attaché Sullivan over warning message
(DBN)

Sovereign Debt Update
(DBN)

____________

UK:

Former Rangers director shown red card
(DBN)

Rangers repay loans
(DBN)

UK top court overturns 180 divorces by Italians over ‘conspiracy to pervert the course of justice’
(DBN)

Shares In Britain's Three Biggest Supermarkets Are Getting Demolished
(DBN)

UK manufacturing activity slows to 17-month low
(DBN)

____________

EU:

Germany fights on two fronts to preserve the eurozone
(DBN)

EU says Ireland swapped Apple tax deal for jobs --- Apple Could Owe Over $8 Billion In Unpaid Taxes
(DBN)

Europe's €500 Billion Money Market Nightmare Is Coming True
(DBN)

____________

PIIGS:

It Is Ugly In Italy
(DBN)

The Catalan Government Has Suspended Its Independence Campaign
(DBN)

Greek banks win restructuring plan reprieve in ECB tests - sources
(DBN)

After The International Financial Crisis – The Litigator’s Role In A Normal World
(DBN)

____________

Canada:

Canadian Economic Growth Stalls Unexpectedly
(DBN)

Ernst & Young agrees to C$8 mln settlement in Sino-Forest audit
(DBN)

___________

Germany:

German Federal Court of Justice Clarifies "Opt-in" Rules Under the German Bonds Act
(DBN)

Ugly Data Out Of Germany
(DBN)

____________

Russia:

Investment banks prepare for tough winter in Russia
(DBN)

Mechel +42% on hopes for compromise deal with creditors
(DBN)

Russia's Chief Justice Advocates A Return To Serfdom
(DBN)

____________

Finland:

Nickel miner Talvivaara gets debt cut plan, still lacks financing
(DBN)

____________

South Korea:

One out of three law school graduates can't find a job
(DBN)

____________

Hong Kong:

Occupy Hong Kong Just Escalated
(DBN)

Hong Kong Seeks to Wait Out Protesters
(DBN)

China's 'Facts On The Ground' In Hong Kong
(DBN)

____________

MENA:

Iraqi Pilots Mistakenly Airdropped Food, Water, And Ammunition To ISIS
(DBN)

____________

Norway:

Noreco plunges as output shutdown in UK threatens solvency
(DBN)

____________

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