September 16, 2014

The Daily Bankruptcy News

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Law:

Companies Curb Use of Outside Law Firms - Staff Attorneys, Which Don't Bill by the Hour, Are Cheaper, Often More Efficient --- Law Firms Face New Competition — Their Own Clients --- ‘In-sourcing’
(DBN)

Detroit Trial Elicits Unusual Apology from Kirkland
(DBN)

Firm Size a Driver in Higher Billing Rates, Report Finds
(DBN)

Attacking Indictment, Dewey Defendants Urge Dismissal
(DBN)

‘That model went away’: Law school dean reveals changing industry
(DBN)

Cheating Scandal Embroils Law School In Federal Lawsuit
(DBN)

The Candy Crush Law School
(DBN)

A Law School Dean Spills The Beans On The Realities Of The Legal Profession
(DBN)

Boyd faces $3 million deficit, 18 percent enrollment decline
(DBN)

Leaders of Midsized Firms Aim to Keep Practice Focus
(DBN)

Thomas Boggs, Founder of Patton Boggs, Dies
(DBN)

Ranking Summer Associate Programs: You Were Optimistic About Offers (And Getting Paid More) --- Choate Hall, Foley Hoag Take Top Spot in Summer Associate Survey
(DBN)

Pinning Your Partners: 3 Ideas For Ensuring That Your Firm Treats You Fairly
(DBN)

Dechert hires longtime Akin Gump exec as new COO
(DBN)

Why Lawyers Are Becoming the Next Design Stars
(DBN)

Up & Coming: Adine S. Momoh
(DBN)

Not Sleeping Enough - Could That Be Why Lawyers Struggle So Much Emotionally?
(DBN)

Wealthy Manhattan Lawyers - Aging Equal Opportunity Disease
(DBN)

BigLaw & Apple - What Should They Have in Common?
(DBN)

Attorney Who Called Opposing Counsel Gay Slur Suspended
(DBN)

The latest Chicago law firm to expand outsourcing isn't going overseas
(DBN)

The 4 Most Persuasive Words In The English Language
(DBN)

How To Spend The First 10 Minutes Of Your Work Day
(DBN)

5 Easy Ways To Become A Better Public Speaker
(DBN)

Comparing Arbitration Services from 3 Top Providers
(DBN)

Witnesses: ‘Django Unchained’ actress and boyfriend having sex in car before police arrived
(DBN)

Adrian Peterson To Play In Week 3 After Child Abuse Arrest --- Vikings’ Adrian Peterson says sorry for hurting son, 4, in latest incident to test new NFL policy
(DBN)

The Docket’s Red Glare: Francis Scott Key And The Star-Spangled Banner
(DBN)

From Lawyer To Novelist: An Interview With Helen Wan, Author Of The Partner Track
(DBN)

Ex-lawyer and former state Democratic party chief is federally charged in claimed $1.8M client fraud
(DBN)

Limbaugh on Sexual Assault: "No Means Yes If You Know How to Spot It"
(DBN)

Gravedigger Suspended After Posing for Photo With Dead Body
(DBN)

Over 100 colleges have acquired military equipment
(DBN)

Reported Domestic Disturbance Was Actually Noisy Couple Engaged In "Romantic Situation" On Living Room Floor
(DBN)

Mug Shots
(DBN)

Elderly Woman Didn't Want a Tattoo
(DBN)

Class Claims UBS Bank Swiped Billions by Closing Secret Accounts
(DBN)

Pawn Shop Gun Policy Backfires
(DBN)

Former prosecutor allegedly talks murder plan with would-be hit man
(DBN)

Guilty of grisly murder, Jodi Arias auctions ‘one-of-a-kind’ item—spectacles she wore at trial
(DBN)

Petit Family Convicted Killer Steven Hayes Sues Prison for Not Providing Kosher Cuisine
(DBN)

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Judges:

Federal Judge: I would uphold the death penalty for an innocent man rather than play games with the law
(DBN)

More on the PACER problem
(DBN)

Federal judge discloses his ‘stupid little trial’ remark after realizing juror may have heard it
(DBN)

Now this is how you deal with an abusive defendant
(DBN)

Judge plans to take plea in case over $3M federal investment-fraud scheme, his lawyer says
(DBN)

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Wall Street:

Futures dip ahead of data, Fed eyed
(DBN)

World stocks hit one-month low, focus on Fed
(DBN)

Stocks Close Mixed
(DBN)

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History:

94 Years Ago Today, A Terrorist Attacked Wall Street With 100-Pounds Of Dynamite
(DBN)

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Layoffs:

United Offers $100,000 Buyouts to Flight Attendants
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Aviation:

Air France strike as Europe faces low-cost shakeup --- Air France, Lufthansa Hit by Strikes in Fight for Future
(DBN)

Air France says disruption will increase as strike continues
(DBN)

____________

Lehman:

Financial Crisis, Six Years On: Liquidating Lehman --- Where the Lehman Liquidation Stands Today
(DBN)

Lessons learned from Lehman Brothers
(DBN)

____________

Food/Beverage:

If You're In One Of These Professions, You're Probably A Coffee Addict
(DBN)

Dairy that had Filed for Bankruptcy Rebounding
(DBN)

The Power of a Trust Fund Claim: Paying Milk Producers First
(DBN)

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Banking:

Ranking the Biggest U.S. Banks: A New Entrant in Top 5
(DBN)

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Bankruptcy Crimes:

Couple faces criminal charges for hiding pricey items from bankruptcy
(DBN)

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Health Care:

Resurrection of Crittenden Regional complicated, but could still happen
(DBN)

Walking Wounded: ‘They stole my life’ - Trial in Bankruptcy Court is expected to conclude next week
(DBN)

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Telecoms:

NII Holdings Files Bankruptcy as Users Seek Faster Phones --- Assets of $2.89B, debts of $3.47B
(DBN)

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Mass Torts:

Motions ask bankruptcy judge to keep Garlock evidence sealed
(DBN)

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Personal Finance:

7 surefire ways to waste your money
(DBN)

____________

Economy:

Factory output drops for 1st time in 7 months --- Sharp auto production drop weighs on US factory output --- Factory Output Drops 0.4 Percent in August --- New York's Manufacturers Are Hot
(DBN)

Yellen Rate Raises Seen as Gradual in Survey as Inflation Muted
(DBN)

Fed-Watchers Are Obsessing Over The Phrase 'Considerable Time'
(DBN)

Goldman's Hatzius: Expect "Considerable time" to remain in FOMC Statement this Meeting
(DBN)

Eight keys to Fed's September meeting
(DBN)

Outlook darkens on global economy, OECD says
(DBN)

Marriott Invites Tips for Maids, but Why Not Just Pay More?
(DBN)

White House uses Lehman Brothers collapse anniversary for minimum-wage push
(DBN)

Oil hits 26-month low under $97 on weak China data
(DBN)

How the Super Rich Got Richer
(DBN)

Welfare’s weak response to the recession, in one chart
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Here’s what millennials want when buying a home
(DBN)

Everyone agrees there must be housing finance reform
(DBN)

Former HUD Secretary: Housing assistance programs in dire need of reform
(DBN)

Freddie Mac: Here's why multifamily growth rules housing
(DBN)

Liquidation not needed, developer HDG Mansur tells court
(DBN)

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Municipalities:

The Week’s Witnesses
(DBN)

Reality saps drama out of Detroit bankruptcy
(DBN)

Detroit Reaches a Deal With a Key Creditor, but Others Balk at Plan --- Detroit reaches bankruptcy deal with fiercest creditor
(DBN)

Syncora Gets 13.7% in Detroit Bankruptcy Deal; FGIC Fights
(DBN)

Syncora Gets $45 Million in Debt in Detroit Bankruptcy
(DBN)

Detroit judge refuses timeout in bankruptcy trial
(DBN)

Bankruptcy Scorecard: Day 8
(DBN)

Not everyone is thrilled about bankruptcy deal
(DBN)

The week that Detroit's bankruptcy ended?
(DBN)

Detroit bankruptcy creditor apologizes --- The Syncora Apology…and what the judge said about sanctions
(DBN)

Where things stand with Detroit's bankruptcy plan
(DBN)

After bankruptcy, is there enough money?
(DBN)

How will the new water authority work?
(DBN)

Detroit, Don't Take Water Away From Those Who Can't Afford It
(DBN)

Detroit City Council approves $275M in bankruptcy exit financing
(DBN)

DIA director talks about Detroit bankruptcy battle
(DBN)

Pensions May Be Key to Stockton Bankruptcy Exit
(DBN)

Scranton Stalked by Bankruptcy Mulls Selling Sewers
(DBN)

Breathing Life Into Allentown: Pennsylvania Comes to the Rescue
(DBN)

Trump bankruptcy filing negative for Atlantic City: Moody's
(DBN)

A city in search of salvation from all the wrong sources
(DBN)

Moody's analyst: Flint unlikely to follow Detroit into bankruptcy -- unless it loses retiree lawsuit
(DBN)

Income Inequality Is Now Hitting State Governments --- States' sales tax dependence cited in wealth gap report --- Report ties sales-tax reliance to rising income inequality
(DBN)

Which States Have The Highest Percentage Of Single Adults
(DBN)

____________

Retailing:

Bankruptcy isn’t what it used to be
(DBN)

RadioShack CFO Resigns Amid Financial Woes --- Etlin Interim CFO --- Why the CFO’s Resignation Might Be Good News for RadioShack --- RadioShack Corporation Hires Bankruptcy Expert As CFO
(DBN)

Creditor Syncora bets big on downtown Detroit's future
(DBN)

RadioShack: Does New CFO And New Capital Equal $2 Per Share? --- Don't Touch RadioShack Stock: It's Probably Worthless
(DBN)

RadioShack CFO Resigns Less Than a Year into Job --- RadioShack CFO resigns in midst of financing talks
(DBN)

RadioShack CFO resigns amid reports of bankruptcy rescue package --- AlixPartners MD named interim CFO
(DBN)

Why Amazon should buy a bankrupt RadioShack
(DBN)

Sears borrows $400m from CEO’s hedge fund
(DBN)

Retail Sales Bounce Back in August
(DBN)

____________

Pensions:

Why Pensions Went Away
(DBN)

____________

Autos:

At least 19 deaths tied to flawed GM cars --- Count may grow, Feinberg says --- GM receives 125 death claims for ignition defect
(DBN)

____________

Electricity:

Energy Future eyes early 2015 for Oncor auction -sources
(DBN)

What Is the Most Efficient Source of Electricity?
(DBN)

____________

Gambling:

Judge Oks Revel Casino Hotel Auction on Sept. 24 --- Casino goes to auction after heated hearing
(DBN)

As Another Casino Topples, Atlantic City Tries to Reinvent Itself
(DBN)

Revel bidder says parts of building could reopen quickly
(DBN)

Revel Draws New Interest After Straub’s $90 Million Offer
(DBN)

Who Benefits From The Bankruptcy Of Trump Entertainment Resorts?
(DBN)

Las Vegas: Visitor Traffic on pace for record in 2014, Convention Attendance Returning
(DBN)

Obamacare Aids NJ Casino Workers After Christie Opposed Law
(DBN)

____________

Tech:

Silicon Valley Investor Says High-Profile Failures Are Just Around the Corner
(DBN)

____________

Fraud:

Stanford's 'Net Winners' Lose at Fifth Circuit
(DBN)

Guilty Plea In $30 Million Landscaping Ponzi Scheme
(DBN)

Tenn. feed company agrees to fraud settlement
(DBN)

AgFeed Settles Accounting Fraud Case for $18 Million
(DBN)

____________

Politics:

Democrats slam Hogan on bankruptcy, debt
(DBN)

____________

Education:

UPenn Named Top Party School In The Country
(DBN)

____________

Banking:

Goldman, Citi, others release stress tests
(DBN)

____________

New Bankruptcy Opinions
(2 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (37 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (9 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)

______________

Sales:

Eleventh Circuit Unwinds Bankruptcy Sale Years Later, After Finding Involuntary Case was Filed in Bad Faith
(DBN)

Credit Bid (Round 2): What Does It Take to Show “Cause”?
(DBN)

____________

Foreign Law:

Delaware Bankruptcy Court Requires English Translation of Foreign Documents Supporting a Proof of Claim
(DBN)

____________

IP:

American Sniper’s Widow Sues Bankrupt Training Company He Founded
(DBN)

____________

Eligibility:

DOMA Ruling Fails to Provide Clarity for Bankruptcy Law Cases
(DBN)

____________

Make-Whole:

New York Bankruptcy Judge Disallows Payment of Make-Whole Premium
(DBN)

____________

TBTF:

White House Touts Financial Overhaul on Anniversary of Crisis
(DBN)

____________

Insurance:

D&O Insurance: Though Specific Litigation Exclusion Does Not Apply, Subsequent Suits Related to Prior Claim Not Covered
(DBN)

Parties Spar Over Court's Role in Insurance Liquidation Process
(DBN)

____________

Agriculture:

Harvest Problems Crop Up in Turner Grain President's Bankruptcy Case
(DBN)

____________

Celebs:

Toni Braxton Bankruptcy 2014: Singer Settles Case Four Years After Filing
(DBN)

Teresa and Joe Giudice to list vacation house ahead of fraud sentencing
(DBN)

Trustee places Penn on year's probation in bankruptcy case
(DBN)

____________

Hedge Funds:

CalPERS Kicks Hedge Funds To The Curb
(DBN)

____________

Sovereigns:

'US does not support the debt debate at the UN'
(DBN)

Argentine debt: Appeasing the 'vultures'
(DBN)

Willing to Wait 15 Months? There's Good News
(DBN)

____________

UK:

John Oliver Humiliates Both Sides Of The Scottish Independence Campaign
(DBN)

If Scotland Says Aye, What Happens Next?
(DBN)

Independence Would Trigger A Demographic Timebomb In Scotland Requiring A Massive Tax Increase
(DBN)

Scottish banks show their true colors
(DBN)

Europe's Biggest Bear Warns The Pound Could 'Plunge Into The Abyss' If Scotland Goes Independent
(DBN)

6,000 People Will Lose Their Jobs As Wireless Carriers Walk Away From Cash-Starved Phones 4U --- Phones 4u Bonds Plummet After Losing Mobile Contracts --- Phones 4u staff likely to miss out on redundancy payments
(DBN)

Accusations fly after Phones 4U collapse
(DBN)

Phones 4u Administrators Have Two Days to Reopen U.K. Stores
(DBN)

Prince Harry Just Turned 30 — And Stepped Into A Massive Inheritance
(DBN)

____________

EU:

5 Questions About the ECB's Asset Buying
(DBN)

Cyprus: Supreme Court focuses on foreclosures
(DBN)

____________

PIIGS:

Main amendments to the Spanish Insolvency Act introduced by Royal Decree Act 11/2014 and how they affect Spanish in-court restructurings
(DBN)

____________

Canada:

Walking a Mile in the Trustee’s Shoes: How s. 38 of the BIA can allow creditors to revive dismissed claims
(DBN)

____________

France:

France’s Prime Minister Says 'We'll Be F-----' If The Economy Doesn't Bounce Back
(DBN)

____________

Germany:

German property firm IVG says insolvency over, eyes listing
(DBN)

'The German Recovery Is Petering Out'
(DBN)

____________

Russia:

How Russia Can Fight the Yukos Award
(DBN)

____________

MENA:

Broad Coalition Vows to Back Fight Against Islamic State - Group of 26 Countries Pledges Support 'By Any Means Necessary'
(DBN)

US Rules Out Military Cooperation With Iran Against ISIS As Supreme Leader Bashes 'US Offer'
(DBN)

How The World's Richest Terrorist Operation Makes Money
(DBN)

The US Just Expanded Its War Against ISIS
(DBN)

Obama's Dangerously Vague New War
(DBN)

____________

Ukraine:

Evidence Is Mounting That Russian Paratroopers Lead The Fight In Eastern Ukraine
(DBN)

Putin's Playbook
(DBN)

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Finland:

Cities scratch together savings with hospital closures and real estate sales
(DBN)

____________

Jamaica:

House committee says Bankruptcy Bill not user-friendly
(DBN)

____________

Australia:

HWL Ebsworth continues to expand Restructuring & Insolvency offering with Brisbane appointment
(DBN)

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