September 25, 2014

The Daily Bankruptcy News

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Law:

The Cautionary Tale Of A Contract Attorney’s Biglaw Lawsuit
(DBN)

Scientific Study Concludes No One Trusts Lawyers
(DBN)

'Pervasive' Pattern Shifts $1.1B of Legal Work In-house
(DBN)

Legal Technology: Small Is Beautiful
(DBN)

Law School Dean Tells Us What He Really Thinks About Millionaire Donor
(DBN)

Judge nixes ex-lawyer’s plea to avoid weeks of handcuffed travel, says he must attend law firm trial
(DBN)

The View From Up North: To Rank Law Firms Or Not To Rank…
(DBN)

Profs at Low-Ranking Law Schools Win Genius Grants
(DBN)

Persistence Pays Off for Boies Schiller in Barclays-Lehman Brawl
(DBN)

Study On Moms Offers Clues on Career-Family Balance
(DBN)

How Successful People Deal With Stress At Work
(DBN)

Why The iPhone 6 Plus Bending Is A Non-Issue --- Apple Will Start Replacing Bent iPhones --- All Of The iPhone's Biggest Competitors Survived The Bend Test --- The Most Important Things To Consider If You're Trying To Decide Between The iPhone 6 And iPhone 6 Plus --- How To Downgrade Your iPhone If It Got Ruined By The iOS 8 Update --- How iOS 8 Completely Changed The Way You Use Your iPhone --- Suddenly, Apple Just Looks Accident-Prone
(DBN)

Going bald gracefully: How to lose your hair with dignity.
(DBN)

Multi-tasking makes your brain smaller
(DBN)

My Teenage Sweetheart Was Killed To Preserve Her Family's 'Honor'
(DBN)

A Huge Oil Company Is Rewriting Its Financial History To Help The CEO Avoid The Largest Divorce Award In US History
(DBN)

Tony Stewart not indicted: Other Driver May Have Been High
(DBN)

Montana man who served month in jail for rape now faces 10 years
(DBN)

Lawyer accused of taping sex with underage girl gets probation; plea agreement bars press release
(DBN)

Police Will Not Be Indicted in Shooting of Black Walmart Shopper Holding BB Gun --- Video: John Crawford dropped toy gun before he was killed by police in Walmart --- The feds are getting involved in another police shooting case
(DBN)

Cops: Mom Hid Infant In Trunk To Avoid Ticket
(DBN)

Silicon Valley Billionaire Vinod Khosla Forced To Allow Access To The Beach He Had Blocked
(DBN)

Cops: Drunken man took bath in holy water at church
(DBN)

ESPN Suspends Star for Anti-NFL Tirade
(DBN)

Police Offer To Return Harvested Pot Plants If Rightful Owner Just Gives Them A Call
(DBN)

New TV Show: Law Student Who Becomes A Garbage Man
(DBN)

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Judges:

Tentative Selection of Bankruptcy Judge for the District of New Jersey
(DBN)

Idaho's longest-serving judge, former bankruptcy judge, to leave active service
(DBN)

Ginsburg’s Reason Not to Retire Makes No Sense
(DBN)

Justice Ginsburg Suggests Senate Republicans Are Keeping Her At Her Job
(DBN)

Judge refuses to follow state supreme court order to dismiss voter ID suit, steps aside from case
(DBN)

Church-group dinners with indicted sewage official bring ethics trouble for two judges
(DBN)

Judge cuts millions from cost request, including $1.5M for copies
(DBN)

Judge suddenly resigns, takes plea in federal corruption case
(DBN)

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Wall Street:

Futures Slip Ahead Of Durable-goods Data
(DBN)

Wall St rebounds on robust housing data
(DBN)

Global stocks climb as Draghi fuels stimulus hopes, euro dips
(DBN)

US stocks advance after 3 days of declines
(DBN)

U.S. Stock Prices End Higher
(DBN)

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Layoffs:

Obama Adviser Says Policy Can Boost Workforce Participation
(DBN)

10 Companies Cutting the Most Jobs
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Mass Torts:

First documents filed pursuant to unsealing order in Garlock bankruptcy case
(DBN)

Gasket-Maker Moves to Seal Documents in Bankruptcy Case
(DBN)

BP's Gulf oil spill costs approach $50 billion
(DBN)

Judge says firms won't have to return BP oil spill payouts
(DBN)

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Gambling:

Revel auction adjourned until Tuesday
(DBN)

Revel auction may not end for several days
(DBN)

Attorney for Revel bidder: Auction process 'tainted'
(DBN)

Revel Lawyers Adjourn Casino's Bankruptcy Auction For Rosh Hashanah
(DBN)

Garces Group wants to stay in "Revel 2.0," hopes it remains a casino
(DBN)

Caesars' assets insufficient to satisfy lenders
(DBN)

Trump Taj Mahal unsecured creditor committee appointed; full list, contacts
(DBN)

Las Vegas Isn't About Gambling Anymore
(DBN)

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Pensions:

PBGC to take over James River Coal pension fund
(DBN)

The Effect of Firm Bankruptcy on Retiree Benefits, with Applications to the Automotive and Coal Industries
(DBN)

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Construction:

Approximately 92 vehicles selling in second wave of Truland vehicle auctions
(DBN)

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Healthcare:

Cost of Natchez Regional Medical Center sale, bankruptcy tops $1.6M
(DBN)

Defense attorneys poke at lawsuits' value in nursing home case
(DBN)

At least a dozen Rauner-linked companies went bankrupt
(DBN)

Defense attorneys poke at lawsuits' value in nursing home case
(DBN)

Partner in Rauner firm shared misgivings about associates in nursing home case
(DBN)

October auction set for bankrupt retirement center Skyline Manor
(DBN)

HHS: Obamacare coverage is reducing hospitals’ unpaid bills --- The huge impact of expanding Medicaid, in one chart
(DBN)

New York Times article on hidden hospital costs sparks calls for change, suggestions for consumers
(DBN)

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Baby Care:

Class action lawsuit filed against defunct baby care company
(DBN)

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Financial Privacy:

43% of Companies Had Data Breach Last Year
(DBN)

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Golf:

Durham lawyer to oversee financial restructuring of Woodlake Resort and Country Club in Chapter 11 case
(DBN)

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Economy:

Middle Class Squeeze: Wages Flat, Costs Up 33%
(DBN)

Fed should be 'exceptionally patient' on rates: Evans
(DBN)

Fed Economist Calls for ‘Urgency’ in Addressing Unemployment
(DBN)

Middle-class squeeze: From day care to health care
(DBN)

The Anatomy Of America's Finances In 10 Charts
(DBN)

A Simple Reason Why Fewer Americans Are Getting Married
(DBN)

Fewer People Head to College When The Economy Is Strong
(DBN)

Millennials Are Thinking About Their Future — And It Might Be In Suburbia
(DBN)

The “Typical” Billionaire Has $3.1 Billion and Other Fun Facts About the World’s Wealthy Elite
(DBN)

What Life Really Costs at $7.25 an Hour
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

What do bankruptcy mortgage servicing and ebola have in common?
(DBN)

The Controversy Continues Over Whether the Time for Assumption or Rejection of Integrated Nonresidential Real Property Leases and Other Contracts Should be Governed by Bankruptcy Code Section 365(d)(2) or Section 365(d)(4)'s Shorter Period
(DBN)

US new home sales at six-year high, but outlook challenging --- Sales Of New Homes Jump 18% In August, And July Better Than Initially Thought --- Not So August: Builders, Economists Still See Mediocre New-Home Sales in 2014
(DBN)

Mortgage Delinquencies increased in August
(DBN)

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

Lawler on Homebuilder KB Home and New Home Sales Report
(DBN)

KB Home Declines After Earnings Miss Analyst Estimates
(DBN)

AIA: "Architecture Billings Index Exhibits Continued Strength" in August
(DBN)

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Municipalities:

Mayor, City Council meet with Kevyn Orr on his future --- Council session on Orr stretches into evening --- Should he stay or should he go now? --- Council needs to step up, keep Orr on
(DBN)

In bankruptcy trial, battle over the value of the Detroit Institute of Arts will return to center stage
(DBN)

Bankruptcy v. The Constitution? Detroit attorney argues for civil rights creditors
(DBN)

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Celebs:

'Jersey Shore' Star 'The Situation' Indicted On Tax Fraud Charges
(DBN)

Teresa Giudice Buying New Home In Cash? ‘Credit Is In The Toilet’
(DBN)

Teresa Giudice Downgrades And Moves Into An Apartment, Instead Of A Smaller Home?
(DBN)

Billy Preston's Bankruptcy Case Finally Settled, Eight Years After His Death
(DBN)

Shelly Sterling's attorney for Clippers' sale files for bankruptcy
(DBN)

Chart Shows How Little Of College Sports Revenues Goes To The Athletes
(DBN)

Federal jury says Patti LaBelle entourage not responsible for injury to West Point cadet
(DBN)

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Student Debt:

Fewer people are defaulting on their student loans --- But it’s not clear why
(DBN)

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Paper:

GNP bankruptcy expected to delay mill auction, attorney says
(DBN)

Delaware court to determine where GNP bankruptcy will be heard
(DBN)

Operator of Maine mills not to blame for Great Northern bankruptcy, state says
(DBN)

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Telecoms:

Nortel Creditor Fight Over $7 Billion Heard by Two Judges
(DBN)

LightSquared Losses Accelerate In August
(DBN)

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Coal:

Walter Energy: No Reason For Bankruptcy In The Short Term
(DBN)

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Personal Finance:

The Average 401k Balance By Age
(DBN)

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Fraud:

Florida trustee sues BMO Harris bank for $24 billion in Petters case
(DBN)

Marc Dreier Pens Legal Plea From Prison
(DBN)

Marc Dreier Wants To Avoid Con-Air Trip To Manhattan, Here Is Why
(DBN)

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Banking:

TruPS Holders Have Standing to Commence An Involuntary Bankruptcy Case Against a Bank Holding Company
(DBN)

'I was terrified we'd lose all our money': banks tell US customers they won't work with Americans
(DBN)

Walmart's Checking Account Deal Will Further Pressure Banks
(DBN)

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Junk Bonds:

Junk-Bond Investors Start to See Warning Signs
(DBN)

____________

Autos:

Miss a Payment? Good Luck Moving That Car
(DBN)

Wisconsin crash victims' families drop suit against GM
(DBN)

To settle or fight in court in GM recall saga
(DBN)

Swedish Carmaker Saab to Cut One Third of Staff --- Saab Auto Owner Running Out of Road
(DBN)

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Consultants:

Entrepreneurs Who Cash Out Look for Meaningful Second Acts - Jonathan Carson: Water From Air
(DBN)

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Aviation:

Pilots, Air France negotiating way to end strike --- Air France backs down on new low-cost unit --- Air France-KLM Scraps European Expansion Plan - Bows to Pilots' Demands in Bid to End Crippling Strike
(DBN)

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Oil/Gas:

Drug Cartels Are Stealing Billions Worth Of Oil From Mexican Pipelines
(DBN)

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Compensation:

Why CEOs Are Wildly Overpaid, In One Chart
(DBN)

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Corporate Governance:

Companies With Women On The Board Crush Companies That Are Only Men
(DBN)

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Religion:

Diocese of Orange unveils planned alterations for former Crystal Cathedral
(DBN)

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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 (19 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (43 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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Avoidance Actions:

District court holds that section 550(a) of the Bankruptcy Code does not apply extraterritorially to allow for recovery of subsequent transfers received abroad by a foreign transferee from a foreign transferor
(DBN)

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Eligibility:

Judge denies bankruptcy protection to Denver marijuana business
(DBN)

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Jurisdiction:

Supreme Court Provides Guidance to Bankruptcy Courts in Addressing "Stern Claims" and Holds that "Stern Claims" May Proceed as Non-Core Claims
(DBN)

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Plan Confirmation:

Momentive Performance Court Rejects Market-Based Cramdown Interest Rate, Casts Doubt on Make-Whole Claims
(DBN)

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Bankruptcy Reform:

False Premises of Bankruptcy Reform Agenda
(DBN)

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Professional Compensation:

Supremes to Decide If They Will Hear Texas $5M Bankruptcy Fee Fight Case
(DBN)

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Miscellaneous:

The Weil Bankruptcy Blog: 2014 Mid-Year Review
(DBN)

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TBTF:

Watchdog Says Treasury Let GM, Ally Give Executives Big Raises During TARP
(DBN)

Top GM execs paid $1 million in last year of bailout
(DBN)

U.S. Treasury Denies Allowing 'excessive' Executive Pay at GM, Ally
(DBN)

Former AIG CEO Maurice Greenberg's Lawsuit Against US Government Goes To Trial --- AIG shareholders sue government claiming their $182 bn bailout wasn’t favorable enough
(DBN)

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Food/Beverage:

The Disappearing Middle Class Is Becoming The Fast-Food Industry's Biggest Problem
(DBN)

Michelin Reveals The Best Restaurants In NYC Where You Can Eat For Under $40
(DBN)

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Mail:

9 charts that explain the US Postal Service
(DBN)

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Corporate Reform:

Bond king Bill Gross at Pimco under scrutiny by the SEC
(DBN)

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Sovereigns:

Argentina v. the Hedge Funds
(DBN)

Griesa to decide whether Argentina's in contempt of court --- Argentina must explain to Judge Griesa why it is not in contempt of court
(DBN)

US Federal Court Threatens Argentina with $50,000 a Day Fine for Contempt
(DBN)

CFK denounces vultures' 'economic terrorism' to UN General Assembly
(DBN)

Argentina Bondholders Said to Consider Dropping Waiver Plan
(DBN)

German Finance Minister caught in Argentine debt row --- Argentina says Germany 'hostile' toward its debt revamp efforts
(DBN)

Griesa asks Argentina to show why it should not be declared in contempt
(DBN)

Moody’s: Argentina’s 'decline' a threat to Latin America region
(DBN)

Eurnekian: 'If it is in Soros' hand to do something, I think he will'
(DBN)

Argentina uses drones to spot wealthy tax evaders
(DBN)

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UK:

Eccentric Billionaire Mike Ashley Just Bet $70 Million On Tesco's Resurgence
(DBN)

Former GM Product Czar Says Tesla Is 'Grossly Overvalued'
(DBN)

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EU:

Euro drops to 14-month low amid Germany concerns
(DBN)

Euro Shows Draghi Succeeding Where Loans Fall Short
(DBN)

Weidmann: Euro Crisis is Not Yet Behind Us
(DBN)

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PIIGS:

Spanish village for sale – for the price of an apartment
(DBN)

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Canada:

U.S. Steel Canada says funding from parent company "appropriate" for sale process
(DBN)

U.S. Steel plan seeks quick sale of Hamilton plant
(DBN)

US Steel bankruptcy protection is legal but flawed
(DBN)

Allocation of Nortel's $7.3B of assets still divisive issue
(DBN)

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Germany:

German business confidence tumbles
(DBN)

Qimonda Insolvency Administrator and Infineon Reach Partial Settlement --- Infineon says existing provisions to cover Qimonda settlement
(DBN)

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MENA:

Why bombing ISIS helps al-Qaeda
(DBN)

The US Has Begun Bombing ISIS Oil Refineries
(DBN)

Islamic State fighters advance in Syria despite US strikes
(DBN)

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China:

China Getting Used to the ‘New Normal’ of Slower Growth
(DBN)

China Hunts Down Corrupt Officials Who Fled Abroad
(DBN)

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Ukraine:

As Ukraine's debt tangle unwinds, Russia holds key thread
(DBN)

Ukraine prepares to close Russia border to halt 'intervention'
(DBN)

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Brazil:

Batista Faces New Charges in Brazil
(DBN)

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Jamaica:

Where is the new Bankruptcy Bill?
(DBN)

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