September 24, 2014

The Daily Bankruptcy News

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Law:

Training New Lawyers More Like New Doctors
(DBN)

Solving legal problems will take multidisciplinary help, says Richard Susskind
(DBN)

Associate: Working at Biglaw is like eating cockroaches
(DBN)

Poetry
(DBN)

Business of Law
(DBN)

Freshfields' US play - will it work?
(DBN)

2015 Vault Law 100
(DBN)

Stop Bullying The Partners You Work For
(DBN)

Law schools need to adapt for survival
(DBN)

Dramatic Employment Gains at 19 Law Schools
(DBN)

What Lawyers Can Learn From The Blur Offense
(DBN)

Women GCs on Leadership and Building Trust
(DBN)

Professor Laurence Tribe Calls Out Biglaw Pro Bono And Shares His Take On The Roberts Court
(DBN)

Shelly Sterling’s Lawyer Who Brokered Billion Dollar Los Angeles Clipper Sale Files For Bankruptcy – Claims To Be Nearly $7 Million In Debt
(DBN)

Ex-Dewey Executive D'Alessandro Can't Shake $9 Million Suit
(DBN)

SUNY-Buffalo Law School Dean Resigns Amidst Perjury Allegations in Lawsuit by Former Professor
(DBN)

The Case of the Disappearing Lawyers
(DBN)

Expert Witness Fees: An Infographic
(DBN)

How To Win An Argument
(DBN)

How Being A Perfectionist Is Holding You Back
(DBN)

How To Order Whiskey Like A Pro
(DBN)

What Is The Best Phone For Lawyers: iPhone 6 Plus Or Note 4?
(DBN)

iPhone 6 Plus Owners Are Reportedly Complaining That The Phone Bends When You Put It In Your Pocket --- The iPhone 6 Plus Really Does Have A Bending Problem --- How The iPhone 6's Camera Compares To The Galaxy S5, iPhone 5s, And Moto X --- This App Lets You Shoot Stunning iPhone Photos Like A Pro --- What We Want In The iPhone 7
(DBN)

‘Psychic lawyer’ bills $250 an hour for readings
(DBN)

Deadbeat Diplomats Owe NYC $16 Million in Unpaid Parking Fines
(DBN)

Man confesses to ’97 crime, fearing Walmart was messaging him about woman he killed
(DBN)

Ex-lawyer gets 20 years for charges including $4M client theft in case linked to fen-phen settlement
(DBN)

Killer Phil Spector Still Looking As Creepy As Ever In Most Recent Prison Mug Shot
(DBN)

Young adults view the criminal justice system very differently after Ferguson
(DBN)

Shock as female lawyer 'attempts suicide' in courtroom
(DBN)

Law firm sues ex-partner, says he billed client for $2.3M in fictional work
(DBN)

Fed Soc Chapter Offers Chick-fil-A At Gay Marriage Event With Disastrous Results
(DBN)

Mom goes to jail for ordering abortion pills without a prescription for her daughter
(DBN)

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Judges:

Federal judge: Would (and should) I perform a wedding ceremony for a gay couple in my courtroom?
(DBN)

Justice Kagan performs same-sex wedding, following in the footsteps of Ginsburg and O’Connor
(DBN)

Ruth Bader Ginsburg Tells The World When She’ll Retire
(DBN)

What To Expect When The Supreme Court Returns To Work Next Week
(DBN)

If a federal judge has committed domestic violence, Congress should impeach him
(DBN)

Judge Ousted For Improper Social Media Posts
(DBN)

Finally the US legal profession has embraced wigs!
(DBN)

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Wall Street:

U.S. Stock -Index Futures Advance Before Home-Sales Report
(DBN)

Weak economic data and corporate results peg back European shares
(DBN)

Wall Street ends lower, S&P 500 down for third straight day
(DBN)

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Layoffs:

20% of Jobless Workers Can't Find Employment
(DBN)

Krugman: Those Lazy Jobless
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Paper:

Great Northern Paper files for bankruptcy, lists more than 1,000 creditors
(DBN)

Shuttered Great Northern Paper to Liquidate in Bankruptcy
(DBN)

Bankruptcy filing appears to end era in Maine papermaking
(DBN)

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Lehman:

Barclays in $15M Settlement Tied to Lehman Acquisition
(DBN)

Lehman Ruling Bites Hedge Funds
(DBN)

____________

Aviation:

Flight Attendant Reveals How To Be A Really Good Passenger
(DBN)

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Celebs:

Sonja Morgan Bankruptcy Update: She’s Desperate To Save Her NYC Townhome!
(DBN)

Teresa Giudice Carries $2K Valentino Purse While House-Hunting
(DBN)

'Real Housewives' stars Joe, Teresa Giudice list Lincoln Park rental property for $179,900
(DBN)

When The Checks Stop Coming In: Celebrities Who Are Legitimately Broke
(DBN)

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Non-Profits:

Four Milwaukee YMCA centers up for bankruptcy sale approval
(DBN)

John Oliver Debunks The Miss America Pageant's Claim That It Gives $45 Million In Scholarships
(DBN)

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Golf:

Woodlake Owners File for Bankruptcy
(DBN)

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Tech:

Elon Musk's Companies Have Been Tanking, And He's Lost $1.7 Billion
(DBN)

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Banking:

IASB unveils new accounting rules
(DBN)

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Education:

Seminar: 09-30-14 – Rightsizing the Right Way: Restructuring and Realignment in Higher Education
(DBN)

College Rankings by Billionaire Alumni
(DBN)

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Newspapers:

Los Angeles Register To Cease Publication Immediately --- Five months after launch
(DBN)

Layoffs hit Freedom Communications as it ceases publication of LA Register
(DBN)

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Television:

Fine-Tuning Sports Broadcasting Valuations
(DBN)

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Furniture:

Easy Life Furniture files for bankruptcy
(DBN)

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Oil/Gas:

Miller makes bid for Buccaneer as gas dispute continues
(DBN)

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Economy:

US manufacturing activity holds near four and a half year high --- Manufacturing Is Picking Up On The East Coast
(DBN)

Richmond Fed: "Manufacturing conditions strengthened in September"
(DBN)

Dallas Fed's Fisher, Philadelphia Fed leaders to retire in 2015 --- Dallas Fed hires search firm to find Fisher replacement
(DBN)

Fed's Kocherlakota says low inflation gives room for stimulus
(DBN)

America Is No. 1 In Low-Paying Jobs
(DBN)

Is the Recovery Real? 3 Stats to Watch
(DBN)

Middle Class Hasn't Gotten a Raise in 15 Years
(DBN)

Most Americans Believe We're Still In A Recession
(DBN)

ATA Trucking Index increased 1.6% in August
(DBN)

Chemical Activity Barometer "Pace of Growth Slows for Leading Economic Indicator"
(DBN)

22 maps and charts that will surprise you
(DBN)

The Impact Of The US Shale Revolution Is Summed Up Nicely In This Simple Chart
(DBN)

Americans Back to Driving Like Crazy
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Home Prices Rise Less Than Expected
(DBN)

FHFA: House Prices increase 0.1% in July, Up 4.4% Year-over-year
(DBN)

Delayed Recording: Sometimes Late Is No Better Than Never
(DBN)

Will subprime mortgage lending 2.0 be a disaster?
(DBN)

New Survey Finds That Millenials Are Psyched About The Old School American Dream
(DBN)

Manhattan Condo to Be Listed at $130 Million
(DBN)

NYC Luxury-Condo Buyers Await New Towers as Sales Slow
(DBN)

Here's What You Can Rent For $3,000 A Month In San Francisco
(DBN)

___________

Municipalities:

Witnesses: Detroit water shutoff moratorium too risky --- Detroit consultant: A moratorium on water shut-offs would be 'problematic' --- Lawyer: Detroit water shutoffs hurting city in poverty --- Detroit official says water plan is working --- Water Shutoffs Hearing: Day Two --- Judge will make Detroit water decision Monday
(DBN)

City leaders meet to discuss Orr's future in Detroit
(DBN)

Orr is object of desire for Detroit council that shunned him
(DBN)

Detroit City Council has votes to remove Kevyn Orr as EM, 'move forward,' Andre Spivey claims
(DBN)

Cadillac Ditches Detroit for NYC
(DBN)

Reappraising the city’s real estate
(DBN)

Coral Gables' new city manager withdraws; prior bankruptcy filing
(DBN)

New York's Transportation Authority Could Be $15 Billion In The Hole
(DBN)

The 10 Best Cities For New College Grads
(DBN)

____________

Tax:

US clampdown on tax maneuver leaves its mark --- U.S. Rule Targets Medtronic Tax-Free Use of Foreign Cash --- Shares Of The Companies That Were Planning On Dodging US Taxes Are Tumbling
(DBN)

Wall Street Reacts To Obama Administration's Move To Stop Companies From Leaving America --- Business groups lash out at inversion crackdown
(DBN)

IRS Lets Thieves Steal $5.2bn from Taxpayers
(DBN)

Camp: 9th Circuit on 'Willful Attempts to Evade or Defeat Taxes' Under Bankruptcy Code § 523(a)(1)(C)
(DBN)

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Fraud:

Bankruptcy Judge: Felon’s Name Must Stay on Scoreboard
(DBN)

Florida hedge funds seek $24 billion in Petters-related case
(DBN)

Law Firm Founder Dreier Ordered to Testify in New York
(DBN)

TelexFree trustee seeks subpoena of bank documents
(DBN)

Appellate Court: Ponzi Schemer's Loss Calculation Must Account For Payments To Victims
(DBN)

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Politics:

Senator Elizabeth Warren for Vice President!
(DBN)

____________

Personal Finance:

6 Money Moves To Help You Sleep Better At Night
(DBN)

How To Ask For A Prenup Without Causing A Breakup
(DBN)

____________

MLM:

Bill Stiritz Herbalife Losses
(DBN)

Herbalife Shares Have Recovered All Of The Losses Of Monday's Plunge
(DBN)

____________

Debt Collection:

More Lenders Garnishing Wages Over Debt
(DBN)

Debt collection is the top legal risk for small business
(DBN)

____________

Management:

Why You Should Hire People Who Have Failed
(DBN)

____________

Healthcare:

Nursing home trial focuses on confusing sale
(DBN)

Echo Therapeutics Suspends Operations To Conserve Liquidity
(DBN)

More insurers line up to sell Obamacare plans in 2015, HHS says
(DBN)

11 Charts That Should Make People Really Embarrassed About The US Healthcare System
(DBN)

Maybe 1.4 Million Ebola Cases by January --- The worst-case scenario for Ebola
(DBN)

____________

Gambling:

Deadline looms for Revel offers
(DBN)

Attorney: Revel expected to go to auction
(DBN)

AP source: Revel has received 'multiple' offers for closed casino; auction could be Wednesday
(DBN)

Straub mum on Revel competition, but talks of plan for university
(DBN)

Company wants to end Revel brand agreement
(DBN)

Trump Plaza assets up for sale
(DBN)

Icahn eyes white knight role for Trump Taj: Report
(DBN)

Sprinkler company seeks to end work at Taj Mahal
(DBN)

____________

Student Debt:

Elizabeth Warren to Republicans on student debt: 'Come and talk to us'
(DBN)

____________

Weather:

Study says natural factors, not humans, behind West Coast warming
(DBN)

____________

Corporate Reform:

US Companies Hear the Sound of Whistleblowing Overseas
(DBN)

Report: SEC Probing Pimco For Artificially Boosting Returns
(DBN)

____________

Mail:

USPS ability to remain self-funding “questionable”
(DBN)

____________

Telecoms:

Nortel not just Canadian company: U.S. lawyer
(DBN)

BlackBerry Thinks This Weirdly Shaped Phone Is Going To Save The Company
(DBN)

Indonesia's Bakrie Telecom sued in the U.S. over $380 million bond
(DBN)

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New Bankruptcy Opinions
(1 new opinion 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 (36 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)

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Avoidance Actions:

Double Dipping? Section 503(b)(9) and the New Value Defense to Preference Liability
(DBN)

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Committees:

Committee Members' Professional Fees And Expenses: To Pay Or Not To Pay, That Is The Question
(DBN)

____________

Recent Pleadings:

Bankruptcy Court Won't Dismiss Clawback Complaint Against Dewey COO
(DBN)

In BF Labs Case FTC wants Eric Johnson As Receiver
(DBN)

______________

TBTF:

Wall St. Bankrolls Ex-Executive as He Sues Over A.I.G. Bailout
(DBN)

____________

Toll Roads:

Indiana Toll Road operator set for short bankruptcy trip
(DBN)

Lessons of the Indiana Toll Road Bankruptcy
(DBN)

Indiana Toll Road revenue has increased, but debt costs ballooned
(DBN)

Critics worry of Indiana Toll Road spending cuts
(DBN)

____________

Retailing:

RadioShack: Hopes That New Products & Initiatives Can Lift The Mobility Business
(DBN)

After Home Depot hack, reports of fraudulent activity on credit and debit cards
(DBN)

____________

Religion:

Mediation between Milwaukee archdiocese, creditors ends with no resolution
(DBN)

Montana Catholic church bans aging gay couple after they marry to protect assets --- Black pastors rally against gay marriage
(DBN)

____________

Consumer Finance:

Subprime loans are making a comeback, and it's a disaster
(DBN)

____________

Sovereigns:

Citigroup to request hold on Argentina payment prohibition
(DBN)

Gov't insists on the need of allowing payment ahead of Griesa hearing
(DBN)

New Argentina Debt Crisis Spells Trouble for Custodian Banks
(DBN)

Argentina payment plan adds to creditor frustration
(DBN)

Hedge Funds Circling Venezuela as Yields Top 15%
(DBN)

Ukraine Eurobonds plunge as markets sense restructuring pain --- Ukraine needs more financial help, IIF says
(DBN)

____________

UK:

R3 research suggests North East 'zombie business' numbers are rising
(DBN)

Barclays takes $77M hit from British and US fines
(DBN)

Lawyers play key roles in Tesco profits inquiry
(DBN)

One Big Question Surrounds The Investigation Of Tesco, The Supermarket That Miscounted £250 Million In Profits
(DBN)

How to avoid the SME bankruptcy ravine
(DBN)

New corporate recovery partner in at Gateley
(DBN)

Judge postpones final reckoning in Kate Bleasdale bankruptcy case
(DBN)

____________

EU:

EL-ERIAN: One More Round Of Sanctions Could Send Europe Into Recession
(DBN)

EU faces danger from non-performing loan overhang
(DBN)

Cyprus: Race against time for bankruptcies bill
(DBN)

____________

PIIGS:

Spanish Gambling Firm Codere Restructures Debt
(DBN)

____________

Canada:

Lawyers argue over Nortel's $7.3 billion assets in closing arguments --- Competitors eye lucrative remains
(DBN)

Nortel was multinational firm, not Canadian, US unit argues
(DBN)

U.S. Steel to get $185 million loan from parent company to keep operating
(DBN)

Bentley Homes customers left in lurch after company declares it's broke
(DBN)

____________

Germany:

Deutsche Bank's Fitschen, former CEOs Breuer and Ackermann charged over court statements
(DBN)

____________

France:

Chairman Of Fined French Bank BNP Paribas To Leave Bank
(DBN)

____________

China:

China May Miss 2014 Growth Target
(DBN)

China trader Sinosteel says facing financial problems but no debt crisis
(DBN)

____________

MENA:

Report: Major Jihadists Figures Killed In Opening Salvo Of US Bombings In Syria --- Pentagon: US Strikes In Syria Disrupted 'Imminent Attack Plotting' By Al Qaeda --- Al-Qaida-Affiliated Group Was in 'Final Stages' of Planning Attacks Against the West
(DBN)

U.S.: Syria Strikes 'Only the Beginning' --- U.S. Reports Significant Damage in First Wave of Syria Strikes --- President Underscores Support From Five Arab Allies for Offensive Against Islamic State --- Arab States Remain Muted About Syria Strikes ---
(DBN)

Meet The Khorasan, The Terrorist Group That's Suddenly A Bigger Threat Than ISIS
(DBN)

Are US Airstrikes on Syria Legal? --- US in Legal Knots Over Shifting Rationale for Syria Airstrikes
(DBN)

We Don't Have the Money to Fight ISIS
(DBN)

US-Led Coalition Bombs ISIS By Iraqi-Syria Border --- Someone Bombed ISIS Near The Turkey Border
(DBN)

____________

Russia:

Vultures Circle Around Russia's Mechel
(DBN)

Mechel Extends Record Drop
(DBN)

Billionaire Businessman Held Under House Arrest As Russian Elite Watches
(DBN)

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