October 10, 2014

The Daily Bankruptcy News

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Due to the Columbus Day holiday, The Daily Bankruptcy News will not publish on Monday, October 13, 2014

 

Law:

J. Scott Victor: Prepa Restructuring Depends on Energy Alternatives --- Ralph Tuliano: Prepa Restructuring Features Usual, Unusual Challenges
(DBN)

Survey: Client Efforts to Tamp Down Legal Costs Are Gaining Steam
(DBN)

NY To $190K? Not So Fast, Because $160K Salaries Are No Longer The Norm --- Change in BigLaw ranks leads to shrinking prevalence of $160K starting pay
(DBN)

Which law firms lost the highest percentage of lawyers in the last year?
(DBN)

The ATL Power 100 Law Firm Rankings
(DBN)

DLA Piper founder spams lawyers with memoirs
(DBN)

Lawyer amazes as "Law Hawk"
(DBN)

Law Firms in Phila. Market Looking In-House for Talent
(DBN)

Akerman leaving SunTrust International Center in favor of Brickell City Centre
(DBN)

Attorney shuts down police stop of black handyman: ‘Now please leave our neighborhood’
(DBN)

Yale Law Students Love H-----s
(DBN)

Law Schools With The Best Professors, According To Princeton Review's 2014-15 Ranking
(DBN)

Elon Law to cut total tuition by nearly $14K and offer law degree in 2.5 years for all
(DBN)

Northwestern is rated top law school for career prospects; which schools topped other categories?
(DBN)

Lawyerly Lairs: From A Big House To The Big House And Back Again — Mel Weiss’s $19 Million Mansion
(DBN)

How To Make Yourself Memorable When You Meet Someone
(DBN)

Much To Gain And Little To Lose From Using The Right Recruiter (Part 2)
(DBN)

How To Make The Most Of Your iPhone's Camera In iOS 8
(DBN)

Online Drug Dealers Are Using The US Postal Service As Drug Mules
(DBN)

Alabama pastor confesses: I’ve been having sex with church members — and I have AIDS
(DBN)

Racketeering suit says law firm aided sunken-treasure fraud, seeks $10M in damages
(DBN)

No charges for officers who maimed toddler in botched raid
(DBN)

Paralegal faked emails and misled clients
(DBN)

Ex-lawyer makes splash on The Apprentice --- Competing Apprentice claims "I'm a glamorous lawyer"
(DBN)

Adrian Peterson Faces Arrest After Drug Admission
(DBN)

Credit card charge of $600 isn’t processed, sending man to jail, but same card is good for $1K bail
(DBN)

Municipal worker who struck her own parked car with city vehicle seeks reimbursement for damage
(DBN)

New Jersey high school cancels football season over ritual r----- hazing
(DBN)

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Judges:

Federal Judge: Is a chimp a person? - "I think I may have sentenced a chimp or two"
(DBN)

SCOTUS: Tea With POTUS?
(DBN)

The Apolitical Supreme Court is Dead
(DBN)

A Blind Item Revealed: A Federal Judge Whose Clerks Must Cut His Grapefruit
(DBN)

Judge faces obstruction charge after claimed hit-and-run accident
(DBN)

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Wall Street:

U.S. stocks : Fall in futures point to more pain for Wall Street
(DBN)

Global shares hit six-month low as growth worries mount
(DBN)

Global Plunge Continues
(DBN)

Stocks Drop As Volatility Comes Back
(DBN)

Markets Tumble, Oil Crashes
(DBN)

Morgan Stanley: Stocks That Will Thrive Even If The Economy Gets Worse
(DBN)

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Layoffs:

 

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Hedge Funds:

John Paulson's Fund Crashed 10.6% In September
(DBN)

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Fraud:

Madoff emails from prison defending employees
(DBN)

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Retailing:

Haunting Photos Of Deserted Sears Stores
(DBN)

Family Dollar fourth quarter profit drops, same store sales improve marginally
(DBN)

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Gambling:

Union makes counteroffer to save Taj Mahal casino
(DBN)

Owner of Trump Taj Mahal accuses union of harassing clients
(DBN)

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Food/Beverage:

Hiller's markets memo warns employees of possible mass layoffs
(DBN)

Diner Takes Prices Off Its Menu, Asks Customers To Pay What God Wants, And Triples Its Revenue
(DBN)

Crumbs Cupcakes to Reopen in Midtown After Restructuring
(DBN)

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Telecoms:

Globalstar Says Short Seller's Criticisms Are Flawed
(DBN)

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Coal:

In An Absolutely Brutal Day For The Market, Nothing Got Slammed More Than Coal Stocks
(DBN)

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Lehman:

Lehman in $350m settlement with Canary Wharf Group over rent owed
(DBN)

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Awards:

Commercial Law League Selects 2014 Robert E. Caine Leadership Award Winner
(DBN)

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Libraries:

Lessons from Swets
(DBN)

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Bankruptcy Crimes:

New Haven couple pleads guilty in federal tax, bankruptcy fraud case
(DBN)

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Agriculture:

Trustee seeks to recoup $9M in payments by Pennfield to vendors
(DBN)

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Economy:

Jobless claims in the US dip to an eight-year low --- Drop in claims points to labor market strength
(DBN)

Bullard says market view of Fed's rate path a "mistake"
(DBN)

Economists Downgrade Their Inflation Outlook
(DBN)

Citi: Here's What The World's Big Economies Will Do In The Next 4 Years
(DBN)

When it comes to the economy, Obama has a Bush problem
(DBN)

Most Economists Confident in Fed’s Exit Tools
(DBN)

US wholesale inventories grow more than expected --- US wholesale stockpiles rise in August by most in 4 months as sales fall sharply
(DBN)

Janus's Gross: The global economy is slowing down
(DBN)

World finance officials, in Washington, seek solutions for a weak and uneven global economy
(DBN)

Poor nations are way more optimistic than rich ones
(DBN)

Christine Lagarde urges US to approve IMF reform
(DBN)

Why the Federal Reserve Isn't Worried About Inflation (or Stock Bubbles)
(DBN)

Here's How Rich People Made Their Money, According To Rich People
(DBN)

Oil Plunges To A 23-Month Low
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

US Mortgage Rates Fall to Lowest in a Month --- Mortgage rates down for third straight week
(DBN)

Housing: Appears Inventory build is Slowing in Previous Distressed Markets
(DBN)

If Congress Won't End GSE Conservatorship Soon, FHFA Can
(DBN)

Trulia: Asking House Prices up 6.4% year-over-year in September
(DBN)

Brooklyn Home Prices Reach Record
(DBN)

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Municipalities:

City of Detroit, creditor talk land, parking garages --- Detroit talks with holdout creditor move to New York as clock ticks
(DBN)

The Detroit Bankruptcy Attorneys: For the city and creditors
(DBN)

County board votes in favor of water deal with Detroit
(DBN)

US Attorney: Violent crime is falling in Detroit
(DBN)

Reports predict default, deeper debt, for Harrisburg
(DBN)

Federal judge: Pensions not as protected as you think
(DBN)

Map: Which states get hurt most by plunging oil prices?
(DBN)

10 States with the Worst Quality of Life
(DBN)

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Celebs:

12 Donald Trump Businesses That No Longer Exist
(DBN)

Steve Moore's Unique Millionaire Lifestyle - Texas Millionaire Lives In A Low-Income Housing Complex
(DBN)

'I just want to apologise': Joe Giudice says sorry to wife Teresa --- Joe and Teresa Giudice aren't sorry for their crimes, but will be after prison --- 'RHONJ' Teresa Giudice Prison Sentence Fallout: Bravo Co-Star And Friend Kim DePaola Speaks Out --- Joe & Teresa Giudice's Sneaky Prison Strategy?
(DBN)

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Financial Privacy:

How to protect yourself from bank hackers
(DBN)

____________

Politics:

Great Northern Paper Bankruptcy an Issue in Maine’s Race for Governor
(DBN)

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Personal Finance:

7 Things That Make You Look Cheap Without Actually Saving Money
(DBN)

This Trick Will Make Your NYC Commute A Lot Easier
(DBN)

6 Money Mistakes The Rich Don't Make
(DBN)

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Tech:

GT Advanced to Request to Wind Down Sapphire Operations
(DBN)

Apple, GT Advanced in Secret Session With Bankruptcy Judge --- Apple given time to block info in GT bankruptcy case: ruling
(DBN)

GT Advanced closed court hearing was to seek permission to close the sapphire plant
(DBN)

Lots of questions, few answers at first GT Advanced Technologies bankruptcy hearing
(DBN)

GT says knotty confidential pact rules out bankruptcy explanation --- Apple Supplier Asks Bankruptcy Court To Keep Documents Secret --- GTAT asks for secret hearing in bankruptcy proceedings
(DBN)

Sapphire crystal firm sues Apple for infringement
(DBN)

____________

Television:

Comcast loses key CSN Houston ruling, clearing sale to AT&T
(DBN)

Comcast starts process to appeal judge's decision in bankruptcy case
(DBN)

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Finance:

Banks wary of refinancing highly leveraged US loans
(DBN)

____________

Distressed Investing:

Distressed debt & bankruptcy restructuring rankings for Q3 14
(DBN)

____________

Healthcare:

New Jersey Union Takes Trump Obamacare Battle to Icahn
(DBN)

The Insane Scene That Unfolded After A Guy On A Plane Said 'I Have Ebola'
(DBN)

Ebola Now Entrenched and Expanding in Africa
(DBN)

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Education:

Work Hard, Play Hard: The 20 Most Intense Colleges In America
(DBN)

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Aviation:

Air Armenia denies “verge of bankruptcy ”
(DBN)

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Alternative Energy

The Bell Tolls for KiOR
(DBN)

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Batteries:

Exide Technologies Receives Approval From Lenders to Extend DIP
(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 (12 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:

Interactive Bankruptcy Statistics Map
(DBN)

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Bankruptcy Policy:

Econometric Optimization of Fresh Start Policy
(DBN)

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Miscellaneous:

Reed Smith: Commercial Restructuring & Bankruptcy Alert
(DBN)

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Sales:

Credit bidding challenges in bankruptcy
(DBN)

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Cross-Border:

Brazilian Reorganization Plan: Fundamentally Fair or Wholesale Trampling of Creditors’ Rights?
(DBN)

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Avoidance Actions:

Dilution Of Corporate Stock As A Fraudulent Transfer
(DBN)

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Safe Harbors:

Change in Derivatives Doesn't Resolve Question of Safe Harbors
(DBN)

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TBTF:

Bernanke Says Didn't Know Basis for Interest on AIG Loan
(DBN)

A.I.G. Had No Better Offer, Bernanke Testifies in Trial
(DBN)

Bernanke takes the stand: Has anything changed since the AIG bailout? --- Ben Bernanke : ' AIG Bankruptcy Would Have Been Catastrophic --- Bernanke Defends Government's AIG Rescue in Court
(DBN)

The secret alias Bernanke used as he tried to save the economy
(DBN)

Bernanke AIG Testimony Ends Week of Bailout Architects
(DBN)

Geithner Testifies That Government Had Right to Act to Avert A.I.G. Bankruptcy
(DBN)

Jon Stewart blasts ex-AIG chief: ‘Go f--- yourself’ for crying over $184 billion bailout
(DBN)

The AIG Trial Is as Ridiculous as It Is Entertaining
(DBN)

U.S. Long-Term Debt Rule Will Be Stricter for Big Banks
(DBN)

Are Regulators About to Let Another Bank Get Too Big to Fail?
(DBN)

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Sovereigns:

IMF proposals seek 'more robust legal framework' for sovereign bonds
(DBN)

"Holdouts" reveal alleged money laundering operations of business people close to Cristina Fernandez
(DBN)

Kicillof repeats call for more 'vulture' controls
(DBN)

Argentina digs its heels in
(DBN)

Argentina May Ignore Bond Judge Sanctions, TIG Case Shows
(DBN)

Argentina Has Offers From Investors for Financing, Kicillof Says
(DBN)

____________

UK:

Bank of England holds interest rates at historic low of 0.5% till November
(DBN)

Tods Murray collapses, 50 jobs lost --- Scotland Law Giant Faces Tough Times
(DBN)

Olswang's CEO resigns in mysterious circumstances
(DBN)

____________

EU:

Germany's Schaeuble says fiscal stimulus can't fix Europe
(DBN)

IMF: The Eurozone Will Slide Back Into Recession 'If Nothing Is Done'
(DBN)

European Stocks Hit Hard by Growth Fears
(DBN)

At the AIG trial, lessons for Europe
(DBN)

ECB says to release bank stress test results on October 26
(DBN)

____________

PIIGS:

One Of The Most Famous Irish Tax Loopholes Is About To Die
(DBN)

Last rites for Espirito Santo Financial Group
(DBN)

____________

Canada:

US Steel bankruptcy court to see secret deal with feds
(DBN)

Judge OK’s U.S. Steel’s $185M loan, workers worry about future
(DBN)

Framework set for U.S. Steel restructuring
(DBN)

Canadian Lawyer Draws 9 Year Jail Term for Ponzi Scheme
(DBN)

____________

Germany:

The Analyst Who Predicted Germany's Horrible Industrial Numbers Has Another Terrifying Forecast
(DBN)

As Growth in Germany Fades, Merkel Hints at a Shift in Economic Policy
(DBN)

Germany is killing its economy – and Europe’s, too
(DBN)

Germany needs 'small miracle' to avoid recession after exports fall by 5.8%
(DBN)

____________

MENA:

ISIS Issues Media Guide
(DBN)

Iraqi Lawmaker: ISIS Has Abducted 25,000 Yazidi Girls
(DBN)

US Frustrated Turkey Withholds Military Help on ISIS
(DBN)

Islamic State threatens to take Iraqi province
(DBN)

____________

Ukraine:

Russia's Ukraine Trump Card Coming Into Play
(DBN)

US Diplomat: No Sanctions Relief For Russia Until Forces Leave Ukraine
(DBN)

Ukraine to sack one million officials?
(DBN)

____________

China:

Is China's economy really bigger than the USA's?
(DBN)

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Africa:

Liberia Is Going Into Recession
(DBN)

____________

Australia:

Edelsten stares down bankruptcy with debts up to $50m --- Geoffrey Edelsten's assets handed to administrator, moving him closer to bankruptcy
(DBN)

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