September 15, 2014

The Daily Bankruptcy News

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Law:

Ex-BigLaw partner gets 13 months in tax case, admits he owes $924K to US
(DBN)

Pay Gap Increases Between Equity and Nonequity Partners
(DBN)

Different in the District – Howrey Judge Relies on D.C. Law to Keep Unfinished Business Claims Alive
(DBN)

Student Loans, Moral Hazard and a Law School Mess
(DBN)

Little-known law prof gets 34 percent of the vote in New York gubernatorial primary
(DBN)

Boston group gets $158K grant for bankruptcy help
(DBN)

Student Loans, Moral Hazard and a Law School Mess
(DBN)

On The Anniversary Of His Death: Why Lawyers Love David Foster Wallace
(DBN)

Rerouting a Case That's Gone Off the Rails
(DBN)

Business of Law
(DBN)

Three Cool Things The iPhone 6 Camera Can Do
(DBN)

Law School Gives Up On Actually Trying To Get Grads A Real Job
(DBN)

Rock Paper Scissors For Lawyers
(DBN)

Which Of Your Selves Comes Forward As A Lawyer?
(DBN)

Why You Should Never Send An Email That Says ‘Please Call Me'
(DBN)

Reinventing office space: Architects call for the 'death of the desk'
(DBN)

Vikings Star Running Back Adrian Peterson Indicted For 'Reckless Or Negligent Injury To A Child' --- Details emerge in Adrian Peterson child abuse case: ‘I’m all tearing that butt up when needed’
(DBN)

Obama 'shocked' by Ray Rice video, supports player suspension by NFL
(DBN)

The $45 billion reason the NFL ignores despicable behavior
(DBN)

Concussion Deal: 30% of ex-NFL Players Qualify
(DBN)

Bowing to pressure, NFL Carolina Panthers deactivate Hardy over assault conviction
(DBN)

Lawyer faces drunken-driving case and contempt hearing after allegedly coming to court intoxicated
(DBN)

Prosecutor whose bikini photo was reportedly found in inmate’s cell resigns $83K-a-year job
(DBN)

The Appropriate Men's Attire For Every Occasion
(DBN)

The Biggest iPhone Is Already Sold Out, But Plenty Of The Smaller Phones Are Still Available
(DBN)

10 Ways To Start An Email That No One Will Ignore
(DBN)

How To Write Emails Like A Powerful Person
(DBN)

Keep the Adrenaline Coming -- It Turns Out Stress Can Be Good For You
(DBN)

The Legal Trick Payday Lenders Are Using To Skirt The Law
(DBN)

District Attorney: NFL's Adrian Peterson Could Get Up To 2 Years In Jail
(DBN)

‘Django Unchained’ actress detained by cops because they assumed she was a hooker
(DBN)

Cop To Cameraman: ‘If You’re Invoking Your Rights, You Must Be Doing Something Wrong’
(DBN)

Breaking Bad? - Texas high school chemistry teacher arrested
(DBN)

Firing Squad Bill Advances in Wyoming
(DBN)

George Zimmerman Allegedly Threatened To Kill A Man During A Roadside Dispute
(DBN)

Pistorius Faces 15 Years in Prison After Manslaughter Conviction --- If Oscar Pistorius is telling the truth about Reeva Steenkamp, he’s a dangerous killer.
(DBN)

U.S. Judge Strikes Down Ohio’s Ban on Campaign Lies
(DBN)

Woman 'Not Sure' How Dead Body Ended Up In Her Trunk
(DBN)

Enraged minivan mom caught on camera berating motorist
(DBN)

California Man Allegedly Killed Ex-Girlfriend's Dog, Fed Him to Her
(DBN)

Woman Steals Merchandise, Leads Police On A Very Very Slow Cart Chase
(DBN)

Washington Supreme Court Holds State Of Washington Legislature In Contempt
(DBN)

Former White House lawyer gets 15-year sentence for attempted murder; wife tells of past abuse
(DBN)

______________

Judges:

Judge: Why I don’t favor the impeachment of Judge Fuller
(DBN)

Ex-judge once jailed for mailing live snake gets 40 years in drug case; feds say he killed witness
(DBN)

Building Legacy, Obama Reshapes Appellate Bench
(DBN)

Justices Get Schooled in Rap
(DBN)

Ginsburg Speaks Out on Congress, Women and the Constitution
(DBN)

Judge Punished For Going To Court Drunk, Peeing In The Street
(DBN)

Judge allows papers to be served via LinkedIn account
(DBN)

Supreme Court Justice Didn’t Know What An ‘Ivy League’ School Was
(DBN)

______________

Wall Street:

US Stock -Index Futures Retreat as Investors Weigh Fed
(DBN)

Europe shares lower on China data, Fed fears
(DBN)

US stocks decline on Fed speculation after retail sales climb
(DBN)

______________

Layoffs:

WARN notices go to 3100 Taj Mahal casino workers
(DBN)

How to hire millennials—and weed out the bad ones
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Telecoms:

Harbinger Files New Proposal for Smaller LightSquared Unit
(DBN)

____________

Aviation:

60 per cent of Air France flights canceled Monday due to pilots' strike
(DBN)

Lufthansa Pilots to Strike on Tuesday
(DBN)

The Best Airports In America To Get Stuck In
(DBN)

____________

Retailing:

RadioShack Considering Financing Package from UBS, Hedge Fund --- RadioShack mulls $585 mln financing package from UBS, Standard General
(DBN)

RadioShack stumbles down road taken by many failed U.S. retailers
(DBN)

RadioShack: What's working, what's not
(DBN)

RadioShack Corp is evaluating a $585 million financing package
(DBN)

RadioShack mulls financing from banks
(DBN)

Fitch downgrades RadioShack's credit rating
(DBN)

RadioShack Mixes Nostalgia With Thunder Tumbler
(DBN)

3 Charts That Show Why RadioShack Is Doomed
(DBN)

RadioShack: Going Concern Doesn’t Mean Going Away
(DBN)

Tough Times Ahead as RadioShack Heads toward Bankruptcy
(DBN)

RadioShack stumbles down road taken by many failed U.S. retailers
(DBN)

RIP Sears?
(DBN)

____________

Newspapers:

Owner of Dozens of Newspapers Seeks Buyers
(DBN)

____________

Government Contracts:

The mysterious bankruptcy case of Government Computer Enterprises
(DBN)

____________

Credit Cards:

Prosecutors target credit card thieves overseas
(DBN)

____________

Bankruptcy Crimes:

Palm Beach County couple faces bankruptcy fraud charges
(DBN)

____________

Banking:

Unofficial Problem Bank list declines to 435 Institutions
(DBN)

Investors Are Panting For A Risky New Form Of Bonds Issued By Banks
(DBN)

____________

Awards:

IWIRC Rising Star Announcement 2014
(DBN)

____________

Alternative Energy:

KiOR board member criticizes management in resignation letter
(DBN)

____________

Television:

Cable Disruption: Verizon Could Blow Up TV As We Know It Next Year
(DBN)

____________

Fraud:

Vaughan Ponzi scheme fallout drags on
(DBN)

Al Moriarty's financial victims: How 100 people lost their savings
(DBN)

Andy Madoff's $16M Fortune Angers Victims
(DBN)

____________

Corporate Reform:

'Flipped' Bankers Aid U.S. in Foreign-Exchange Probe
(DBN)

____________

Movie Theaters:

People Aren't Going To The Movies
(DBN)

____________

Debt Collection:

Wages of Millions Seized for Past Debts
(DBN)

____________

Economy:

Fed: Missing Workers Never Coming Back
(DBN)

Fed Chief Yellen Seeks Interest-Rate Consensus
(DBN)

Consumer sentiment highest in more than a year
(DBN)

Global Public Downbeat about Economy
(DBN)

OECD cuts growth forecasts
(DBN)

Retail sales solid in August
(DBN)

Federal Reserve creates financial stability committee
(DBN)

World Waits For White Smoke From The Fed --- 8 Forces Pushing US Interest Rates --- Central Bank Debates How Soon, and How Quickly, It Should Start Boosting Rates
(DBN)

FOMC Preview: More Tapering
(DBN)

Global economy can't afford to lose working women: Lagarde
(DBN)

America Is On The Verge Of Losing Its Place In The World As No. 1
(DBN)

America's Poor, Deeper in Debt Than Ever
(DBN)

What Men's Underwear Can Tell Us About The Economy
(DBN)

Working and Retired Changes Social Security
(DBN)

Here's What $1 Used To Get You
(DBN)

The 27 Scariest Moments Of The Financial Crisis
(DBN)

Central Banks' Banker Warns: Central Banks Are Inflating Asset Prices Around The World
(DBN)

Here's What The Global Economy Looked Like In Year 1
(DBN)

Flagging Global Economy? - Oil Has Been Getting Crushed
(DBN)

Americans Won't Relax, Even Late at Night or on the Weekend
(DBN)

It costs 1.6 cents to make one penny
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

HSBC to Pay $550M to Settle U.S. Mortgage Bond Claims
(DBN)

IndyMac Settlement Leaves Tolling Question Unresolved
(DBN)

Zombie Homes Haunt Florida Neighborhoods
(DBN)

Housing: "Price cuts are back"
(DBN)

Top Reasons Millennials Shouldn't Buy a Home … Yet --- Top 7 Reasons You Might Love Renting
(DBN)

Here’s why mortgage rates won’t hit 2014 expectations
(DBN)

Improved monthly Case-Shiller shows housing recovery weaker than thought
(DBN)

Title Insurer Owes $4.9M for Failure of Mortgages
(DBN)

Underwater homeowners hold their breath
(DBN)

Woman admits pranks aimed at driving couple from home she wanted
(DBN)

____________

Municipalities:

Settling Detroit: Remembering General Unsecured Creditors
(DBN)

Nobody wants to look like the bad guy. Even the bad guy.
(DBN)

Detroit's bankruptcy trial resumes Monday
(DBN)

Detroit Creditors Seek Delay in Trial After Syncora Deal
(DBN)

Detroit End In Sight As Deals Leave FGIC Last Major Bankruptcy Holdout
(DBN)

Cost of Detroit's Historic Bankruptcy Reach $126 Million
(DBN)

Detroit end in sight as deals leave FGIC last major bankruptcy holdout
(DBN)

Grand Rapids auction company to help to sell off Detroit's surplus transportation fleet
(DBN)

Striving for Settlements: Mediations ongoing in bankruptcy case
(DBN)

Water authority's question: How much does Detroit pay? --- Regional water authority outlook runs hot and cold
(DBN)

Those Detroit water shutoffs? Blame ‘em on botched bookkeeping
(DBN)

What is Detroit suburbs' responsibility?
(DBN)

Puerto Rico's New Bankruptcy Law: A Quick Fix?
(DBN)

Puerto Rico Finds It Has New Friends in Hedge Funds --- Hedge funds buy $4.5 billion in Puerto Rican bonds
(DBN)

In Bankruptcy Court, San Bernardino, 2, Union, 0
(DBN)

Atlantic City going broke again
(DBN)

Gambling on Atlantic City’s Future
(DBN)

A Tale of Two Nations: The Best and Worst States for Credit Conditions
(DBN)

Pension crisis spills over into suburbs
(DBN)

This CA City Could Vanish From The Map
(DBN)

US wealth gap putting the squeeze on state revenue
(DBN)

____________

Healthcare:

Bankruptcy sales for distressed hospitals: 4 questions to ask before you begin
(DBN)

Paul Krugman: One Of The Biggest 'Facts' About The US Healthcare Debate Might Be Wrong
(DBN)

NRMC sale needs proper autopsy soon
(DBN)

Fate of retirement payments for NRMC employees unknown
(DBN)

Workers feel pinch as employers rein in health insurance costs
(DBN)

Healthcare costs often are shrouded in secrecy
(DBN)

____________

Autos:

Initial death toll from GM ignition flaw to be announced
(DBN)

Will New Technology Devastate Auto Industry?
(DBN)

Nissan Faces Battery Plant Cuts
(DBN)

GM Just Told Dealers To Stop Selling Corvettes
(DBN)

Why Americans Aren't Buying Volkswagens Anymore
(DBN)

____________

Student Debt:

Student Loan Debt Burdens More Than Just Young People --- Student Debt Grows For Retirees --- US treasury collects $150m in student loan payments from social security benefits --- Seniors Forced Into Poverty As Education Department Demands Payment
(DBN)

Student debt over $50K is on the rise
(DBN)

____________

Gambling:

Trustee objects to new bid date, break-up fee for Revel
(DBN)

Filings add to complications of Revel bankruptcy
(DBN)

Deal To Sell Padlocked Revel Hits Potential Roadblock
(DBN)

Atlantic City casino revenues down 1.2 percent --- Online gaming helps Atlantic City casinos top August 2013 revenues
(DBN)

Sports Bets Won’t Help Atlantic City Much, Moody’s Says
(DBN)

South Florida developer gambles on Atlantic City
(DBN)

Caesars moves to restructure $24 billion debt --- Caesars Says Restructuring Talks Starting With Creditors
(DBN)

____________

Celebs:

Teresa Giudice to Be Placed Under House Arrest?
(DBN)

Joe & Teresa Giudice Don’t Think He’ll Be Deported, Source Reveals
(DBN)

____________

Agriculture:

Rabo Agri files lawsuit against Turner Grain
(DBN)

____________

Electricity:

Energy Future Bid for More Time for Bankruptcy Plan Draws Support
(DBN)

____________

Tax:

Congressman Introduces Legislation to Stop Tax Inversions
(DBN)

We're Number 32!
(DBN)

____________

Religion:

Has Francis Done Enough for Sex Abuse Victims?
(DBN)

Members of congregations to play greater role in Catholic churches
(DBN)

Pope Francis performs first papal marriage ceremony since 2000
(DBN)

____________

Celebs:

Joan Rivers’ $150 Million Legacy Includes Lifetime Pampering For Her Beloved Four Dogs
(DBN)

____________

Lehman:

Surviving the last days of Lehman Brothers
(DBN)

A Different Kind of Lehman Bros. Remembrance
(DBN)

6 Years Later, 7 Lessons from Lehman's Collapse
(DBN)

What Happened to Lehman Brothers' Bankers?
(DBN)

____________

Ratings Agencies:

Pension funds can sue Moody’s and Standard & Poor's
(DBN)

____________

Weather:

A Major Accounting Firm Just Ran the Numbers on Climate Change
(DBN)

Super-rich make last stand against California drought --- How Long Can Calif. Survive Without Water?
(DBN)

Towns west of Fort Worth fear running out of water
(DBN)

150 Major Corporations Now Bracing for Carbon Pricing
(DBN)

What If There's No Rain for Decades?
(DBN)

____________

Insurance:

Bailout Lawsuit Hangs Over AIG
(DBN)

____________

New Bankruptcy Opinions
(3 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Chapter 7, 12 & 13 Private Trustee Locator
(DBN)

Recent Ch. 11 Filings (20 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:

Vt. foreclosures, bankruptcies plunge
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

______________

Miscellaneous:

The Week Ahead
(DBN)

____________

Finance:

Litigating Make-Whole Premiums in Bankruptcy
(DBN)

____________

Bonds:

Secured Bonds Are More Likely To End Up Distressed – Fridson
(DBN)

____________

Lender Liability:

A Refresher on Lender Liability
(DBN)

____________

Plan Confirmation:

Momentous Decision in Momentive Performance Materials Part IV: Make-Wholes and Third Party Releases
(DBN)

____________

Sales:

Credit Bid: Loan-to-Own Strikes Out
(DBN)

Diamond-Encrusted Sunglasses Are a Girl’s Best Friend
(DBN)

____________

IP:

Protecting the Rights of IP Licensors, Licensees in Bankruptcy
(DBN)

____________

Recent Pleadings:

UST Objects To Kirkland Fee App: "An inordinate amount of the fees and expenses relate to the process of obtaining compensation"
(DBN)

______________

TBTF:

Trial Over AIG Bailout Carries Risk for Insurer
(DBN)

____________

Education:

Morrison students told to seek refunds, pursue degrees
(DBN)

____________

Celebs:

The Broke and the Beautiful: Vintage Edition
(DBN)

Jackson family auction has La Toya's s-- toys, Janet's b---
(DBN)

____________

Mass Torts:

Law Firms Want Settlement Records Sealed in Asbestos Litigation
(DBN)

A New Look at the Litigation Privilege in Asbestos Case
(DBN)

N.J. Asbestos Litigation Still Active And Still Evolving
(DBN)

Investors Haul In Nearly Half the Tobacco Settlement Cash
(DBN)

____________

Finance:

Tea Party Targets an Agency that Actually Reduces the Deficit
(DBN)

____________

Politics:

Bernie Sanders: Presidential run is not about Hillary, it's about the 'collapsing' middle class
(DBN)

Wide Partisan Gaps On Key 2014 Issues
(DBN)

"No airplanes will be flown at children" --- Mark Sanford, Argentinian Gal Pal Call Off Wedding
(DBN)

____________

Sovereigns:

CFK signs Sovereign Debt bill: We can pay, we want to pay, we will pay
(DBN)

Argentina confident on bond payment after law approval
(DBN)

You Can Keep Argentina From Servicing Its Debt, But You Cannot Stop Its Posturing
(DBN)

Problems seen with new Argentine debt payment law
(DBN)

The UN is not the solution for a rogue debtor
(DBN)

____________

UK:

Massive Pile Of Uncertainties Coming Out Of Scotland --- The Queen Is Not Telling The Truth About Scottish Independence --- David Beckham Has Been Brought In To Save Great Britain --- Simpsons' Willie backs Scottish Independence --- Why Ditching The UK Would Be A Tragedy For Scotland --- Investors Are Fleeing Scotland: 'Most Professionals Are Cacking Themselves. They Are Terrified Of Independence' --- 23 Pictures That Will Make You Want To Visit Scotland --- Scots Independence Campaign Nears Climax as Polls Diverge --- Razor-Close Polls Are Giving People False Hope In The Scottish Independence Vote
(DBN)

Deutsche Bank: Scottish Independence Would Be One Of The Greatest Blunders Ever, Leading To Years Of Misery
(DBN)

Clive Palmer loses half his fortune in a year
(DBN)

Thousands of jobs at risk as Phones 4U plunges into administration
(DBN)

____________

EU:

EU Needs Billions to Revive Economy
(DBN)

Cyprus: Next bailout tranche withheld --- Bailout money for Cyprus on hold over foreclosures
(DBN)

Is Sweden the EU's Next Domino to Fall?
(DBN)

EU ministers promote 'investment' but options unclear
(DBN)

Banks resume lending abroad as confidence returns to sector
(DBN)

EU airlines face more turbulence
(DBN)

Another Huge Independence Movement Is About To Send Shockwaves Through Europe
(DBN)

____________

PIIGS:

Ireland's Early IMF Pay-Off Gets Initial Euro-Area Approval
(DBN)

Dunne bankruptcy hearing to be heard in December
(DBN)

Guccio Gucci Arrested For Fraudulent Bankruptcy
(DBN)

Italy: Recent developments in insolvency law
(DBN)

Greece Just Dodged A Huge Fiscal Bullet
(DBN)

Banco Espírito Santo rescue team heading Novo Banco quits --- Bank of Portugal picks new CEO for BES successor Novo Banco --- Former Lloyds Banker To Lead Portugal's 'Good Bank,' Novo Banco
(DBN)

____________

China:

China: Output growth plunges to lowest in five years
(DBN)

China Reported A Ton Of Economic Data And All Of It Was Bad
(DBN)

China Is Weakening, And It's Bringing Down Everything Else
(DBN)

____________

Venezuela:

Venezuela rout turns into opportunity
(DBN)

Meet the Academic 'Hitman' Who Infuriates Venezuela's President
(DBN)

____________

MENA:

International Support Grows for U.S.-led Campaign Against Islamic State --- Arab States Willing to Do Air Strikes on ISIS
(DBN)

US Intel Agencies Uncertain About Danger from ISIS
(DBN)

Obama: Assad Shooting At American Planes Would Lead To His Overthrow
(DBN)

The Syrian Civil War Is On The Verge Of Getting Even Worse
(DBN)

Voters Back Obama's Plan on Islamic Militants, Poll Finds
(DBN)

ISIS Is Attracting Female Jihadis From America's Heartland
(DBN)

ISIS Became The Richest Terrorist Group Ever By Raising Money Like A Mafia
(DBN)

David Cameron Vows Action Against Islamic State After Beheading of British Man --- Beheading of British Aid Worker Spurs Coalition Fight Against Islamic State
(DBN)

US Threatened To Prosecute Families Of The 2 Murdered Americans If They Paid A Ransom To ISIS? --- US denies threatening Foley family over raising ransom
(DBN)

____________

Russia:

Obama Deals Crushing Blow To Russian Oil
(DBN)

Fresh Sanctions Catch Russia's Oil Industry Off Guard
(DBN)

Messy Tomato Fight to Protest Russian Sanctions
(DBN)

Russia predicts revenue shortfall through 2017
(DBN)

____________

Australia:

' Bankrupt ' Edelsten claims mother helped pay $1.5m in expenses
(DBN)

House prices down and may fall further, says peak central bank
(DBN)

Australians Face Repayment Shock on High-Risk Mortgages
(DBN)

Asbestos victims slam James Hardie move to pay in installments
(DBN)

____________

Brazil:

Brazil's Eike Batista accused of market manipulation --- Prosecutors seek to freeze Brazilian tycoon's assets --- Batista May Face Trial Within One Year, Lawyers Say
(DBN)

____________

Jamaica:

Parliament finds a way out of Insolvency Bill muddle
(DBN)

____________

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