September 29, 2014

The Daily Bankruptcy News

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Law:

Law-Firm Merger Talks Enter Critical Stage - Morgan Lewis Identifies Bingham Partners Crucial to Going Forward on a Deal --- Stat Of The Week: The Bingham / Morgan Lewis Merger --- Two more pre-merger Bingham exits take Akin Gump partner haul to 28
(DBN)

Global law firm picks Tampa for services center, creating 100 jobs
(DBN)

A Bank, a Bankruptcy, and the World of Shariah Law
(DBN)

Freshfields "takes on Wall Street" and wants to discard magic circle tag in US
(DBN)

Covington Chair Fights Subpoena - He doesn't want to cool heels waiting to testify
(DBN)

Women Find a Way Back Into Big Law Careers
(DBN)

Weil Adds Bankruptcy Partner Ray Schrock in New York
(DBN)

Law firm seeks to join line of judgment creditors against ex-attorney Stan Chesley
(DBN)

‘How To Get Away With Murder’ Accurately Describes Life In Biglaw — But That’s About It
(DBN)

Lawyer gets probation for failing to report kickback scheme, says he didn’t want to rock the boat
(DBN)

Partner at Wall Street Firm Sues City Over ‘Occupy’ Arrest
(DBN)

It’s Weird But Going Crazy Might Be A Really Good Thing For Us Unhappy Attorneys
(DBN)

Bankruptcy judge allows privilege waiver request
(DBN)

The Mystery Woman (Former Bankruptcy Lawyer) Who Tried to Outdo Dillinger
(DBN)

After Bar Exam Scoring Snafu, Would-be Lawyers Get Crushing News
(DBN)

Law School Poster Appropriates Booties, Hurts Feelings
(DBN)

Reinventing Law School
(DBN)

How to Build a Better Law Professor
(DBN)

Everyone Hates This Poor Law Professor
(DBN)

Misidentified as a p--- star by DJs, former 1L testifies against radio station in privacy suit
(DBN)

Law Professor Claims Any Internet Company ‘Research’ On Users Without Review Board Approval Is Illegal
(DBN)

Debt Makes Law School a Gamble But Students Continue to Enroll
(DBN)

Your Firm Needs a Mobile Device Policy
(DBN)

Donald Verrilli: Possible Eric Holder Replacement --- In Picking Holder’s Successor, How Progressive Should Obama Go? --- Holder’s Most Heated Exchanges With Republicans --- Lawmakers Not Shy With Eric Holder Comments --- Eric Holder's business legacy: 'Too big to jail'? --- When The Confirmation Of The Next Attorney General Gets Political, Thank Eric Holder --- Where Does Holder Go From Here
(DBN)

Things Professionals Should Never Say When They First Meet Someone
(DBN)

Here's What It Actually Takes To Bend The iPhone 6 And 6 Plus
(DBN)

The Source of Bad Writing
(DBN)

George Clooney And His Lawyer Fiance Just Got Married --- Pre-Wedding Pics --- George Clooney Used 'Burner Phones' To Protect His Wedding From Hackers --- Who is George Clooney's New Wife Amal Alamuddin? --- Lawyer marries celeb to create global ‘Alamooney’ brand
(DBN)

Cops Tased man while he was praying for his dead son in ER: lawsuit
(DBN)

Man with horns on face, 666 tattoo on forehead is guilty in triple-murder case
(DBN)

Imprisoned ex-cop gets 18 months more for putting ‘Miami Mice’ recording of fellow officers online
(DBN)

Feds: NYC Mailman Hoarded 40,000 Pieces Of Undelivered Mail In His Home, Car, Locker
(DBN)

UPS Employee Swapped Stolen Diamond For Pot
(DBN)

'The Good Wife' Spoilers: Season 6, Episode 2 Brings 'Trust Issues'
(DBN)

'The Good Wife' Recap: First the Celebration, Now the Complaint
(DBN)

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Judges:

'Court's over:' Stair, longtime bankruptcy judge, retires
(DBN)

Jefferson County's probate court faces 'disaster' after bankruptcy filing of software vendor, judge says
(DBN)

Judge: I know who should replace Eric Holder as Attorney General, I just don’t know his or her name ("delicioso"???)
(DBN)

The Supreme Court Is Looking Out for the Rights of the Majority
(DBN)

2 Courts Permit Defendants to be Served on Facebook
(DBN)

FBI Invented Defendant to Catch Judge
(DBN)

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Wall Street:

Futures fall amid Hong Kong unrest, data jitters
(DBN)

Stocks Close Higher in Rebound Rally on Economy News
(DBN)

Secret Goldman Sachs tapes show regulators still respect bankers too much --- The 'Ray Rice Video' Of Wall Street Has Arrived --- Inside the New York Fed: Secret Recordings and a Culture Clash --- Goldman: That Fed Official Who Secretly Recorded Us Desperately Wanted To Work Here
(DBN)

Elizabeth Warren wants to probe if Fed is too close to big banks
(DBN)

John Hussman Just Issued His Strongest Warning Of A Stock Market Crash Yet
(DBN)

Why do people on Wall Street make so much money?
(DBN)

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Layoffs:

10 Companies Cutting The Most Jobs
(DBN)

7 People Who Quit Their Jobs In The Most Unforgettable Ways
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Healthcare:

Ex-partner details nursing home investment struggles
(DBN)

Bruce Rauner signs of unraveling, desperately adds $2.25 million to his campaign
(DBN)

GTCR Owned At Least 12 Firms That Went Bankrupt
(DBN)

Judge to determine fate of Miss-Lou health care Monday
(DBN)

NRMC decision expected today; Federal court hearing slated to approve plan
(DBN)

Hospital coming to end of sad, costly chapter for county
(DBN)

Sources: RAC audits for hospital loosely handled
(DBN)

Some hospitals bill rape victims for tests, care
(DBN)

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Retailing:

RadioShack shareholder in talks to boost liquidity
(DBN)

Speculation Heats Up for Sears Canada Bankruptcy
(DBN)

Sears Canada Seeking Bankruptcy Lawyer? Company Denies Report
(DBN)

The Sorry Life of a American Retail Manager
(DBN)

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Alternative Energy:

Vision Industries Files for Voluntary Chapter 11 Bankruptcy Protection
(DBN)

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Soccer:

Riverhounds to detail Chapter 11 bankruptcy reorganization plan
(DBN)

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Banking:

Unofficial Problem Bank list declines to 432 Institutions
(DBN)

Bankruptcy Trustee Lacks Standing to Bring Derivative Claim Against Bank’s Directors After Bank’s Closure and Receivership by FDIC
(DBN)

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Gambling:

Supply companies with ties to bankrupt casinos face losses
(DBN)

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Paper:

Great Northern Paper’s bankruptcy and moving beyond the ‘doubts of today’
(DBN)

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Food/Beverage:

6 Restaurants Struggling With High Food Prices
(DBN)

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Economy:

U.S. GDP Grew 4.6% In Second Quarter 2014, Up From Earlier Estimates
(DBN)

Economists slash Q3 GDP forecast, see growth ahead
(DBN)

Geneva Report warns record debt and slow growth point to crisis
(DBN)

Final September Consumer Sentiment at 84.6
(DBN)

Fisher Says Fed Must Weigh Wage Pressures in Setting Rate Policy
(DBN)

Report: Bill Gross Was Going To Be Fired Tomorrow For 'Increasingly Erratic Behavior' --- Bill Gross Begins Second Act As Bond Guru At Tiny Janus Fund --- CEO Douglas Hodge Cites 'Overwhelming' Relief at Pimco --- PIMCO Is Already Bleeding Billions --- Thousands Of Financial Advisors Will Now Be Forced To Answer A Very Uncomfortable Question About PIMCO
(DBN)

Americans Have No Idea How Bad Inequality Is
(DBN)

Morgan Stanley on Income and Wealth Inequality
(DBN)

Q3 Review: Ten Economic Questions for 2014
(DBN)

Merrill and Nomura Forecasts for September Non-Farm Payrolls
(DBN)

The End of Economic Growth in the West
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Holder’s Departure Signals End of Big Mortgage Cases
(DBN)

Why the next pick for U.S. Attorney General has huge implications for the housing industry
(DBN)

States Where Homebuyers Are Getting 50% Off On Foreclosed Homes
(DBN)

The Most Expensive Place To Buy A Home In Every State
(DBN)

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Municipalities:

Bankruptcy case resumes; judge to rule on water shutoffs
(DBN)

Detroit's bankruptcy end more clear than Orr's future
(DBN)

End of the Orr Era, almost
(DBN)

Duggan, city council not totally free to govern
(DBN)

Kevyn Orr: No discussions taking place on new job until Detroit clears historic bankruptcy
(DBN)

Kevyn Orr's work is not done --- Detroit Politicians Regain Control as Manager Shifts Role
(DBN)

Detroit EM Kevyn Orr on Mike Duggan, City Council: 'There's no interest in engaging in mischief, foolishness' --- What Orr has to say about the transfer of power
(DBN)

Effort to privatize city parking likely to expire without Orr
(DBN)

Plans detailed for new Detroit oversight board
(DBN)

Detroit's elected officials regain control of city
(DBN)

Detroit's Historic Market Key to City's Future
(DBN)

Here's The Vibrant Detroit Neighborhood A New York Times Columnist Considers An 'Urban Wasteland'
(DBN)

Bankruptcy Witnesses: Who’s up next?
(DBN)

State panel approves bond deals for Detroit bankruptcy
(DBN)

Stockton's day in court looms
(DBN)

Kentucky Pension Crackdown Bankrupts Health Agency
(DBN)

Act 47 revisions approved by Senate
(DBN)

Stalled Mall Impedes Christie’s Plan After Casinos Fail
(DBN)

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Personal Finance:

8 Financial Rules That Apply To Everyone And Their Money
(DBN)

$4.35 to Get Your Money? ATM Fees Surging --- 3 Stupidly Simple Ways to Make Sure You Never Ever Pay ATM Fees
(DBN)

Larry Ellison Has Secured $10 Billion Worth Of Credit For His Personal Spending
(DBN)

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Aviation:

Why Air France's Pilots Are Striking And Costing The Airline $25 Million A Day
(DBN)

Air France Pilots End Strike
(DBN)

PEOPLExpress suspends flights until October 16
(DBN)

This New Design For Airplane Seating Will Make Flights Much More Enjoyable
(DBN)

FAA fire suspect charges --- Few Flights Resume at Chicago O'Hare
(DBN)

____________

Consumer Finance:

Obama Administration Closing Loopholes in Military Lending Act
(DBN)

____________

Tax:

Judge Imposes ‘Staggering’ Civil Sanction Against Wyly Bros.
(DBN)

____________

Religion:

Arrested Catholic Archbishop’s computer contained over 100,000 images of children
(DBN)

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Mass Torts:

Next asbestos bankruptcy could see Garlock-style fight or Bondex-style deal
(DBN)

First GM victims accept Feinberg settlement
(DBN)

Trustee Probes Companies Tied to Lac-Megantic Train Derailment
(DBN)

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Toll Roads:

How The Toll Road Bankruptcy Could Impact Indiana
(DBN)

____________

Celebs:

Jacqueline Laurita’s Bankruptcy Settled? She Owes $1 Million!
(DBN)

RHONJ Teresa Giudice To Divorce Joe After October 2 Sentencing?
(DBN)

Joe Giudice Is 'Absolutely' Going To Jail, But What About Teresa?
(DBN)

A power ranking of reality TV stars facing financial ruin
(DBN)

Mutya Buena is bankrupt . Or is she? Hmm
(DBN)

The perfect storm that banks, and busts, athletes
(DBN)

Donald Trump, neighbors bicker over golf course
(DBN)

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Oil/Gas:

At least two firms to bid on Buccaneer
(DBN)

Rising Interest Rates Could Stop Energy Boom
(DBN)

____________

Fraud:

Fairfield Liquidator Wins New Chance to Void Madoff Deal
(DBN)

Madoff son was under scrutiny until day he died
(DBN)

A Look At JPMorgan Chase's 20 Years of Watching Madoff Commit Crimes
(DBN)

SEC Alleges California Marketing Company, eAdGear, Is $129 Million Ponzi And Pyramid Scheme
(DBN)

'Seller's Remorse' Claim Revived by 2nd Circuit
(DBN)

____________

Student Debt:

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

We All Lose Under Current Student Loan Bankruptcy Rules
(DBN)

____________

Corporate Reform:

Record SEC Award May Spur More Firms to Develop Whistle-Blowing Practices
(DBN)

Corporate Whistleblowing, From the Whistler's POV
(DBN)

How Wall Street Defies Regulation
(DBN)

____________

New Bankruptcy Opinions
(5 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 (16 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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Miscellaneous:

The Week Ahead
(DBN)

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Notice:

Serving Bankruptcy Motions on Banks, the IRS and Other Entities Subject to Special Service of Process Rules
(DBN)

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Avoidance Actions:

Delaware Bankruptcy Court Adopts “Subsequent Advance” Approach to Preference New Value Defense
(DBN)

Barry Mukamal, Trustee in Southern Air Holdings Bankruptcy, Files Preference Actions
(DBN)

Third Circuit Resolves Competing Bankruptcy Estates In Allen
(DBN)

____________

Cross-Border:

The fate of once-mighty Nortel’s last billions lies in the hands of two men
(DBN)

____________

Corporate Governance:

LLC Operating Agreement: Is A Purchase Option Enforceable Against A Bankrupt Member?
(DBN)

Conflicting Reports on Women in Corporate Leadership
(DBN)

____________

TBTF:

Hank Greenberg Challenges AIG Bailout --- Six years after AIG bailout, trial asks: was it legal?
(DBN)

Revisiting AIG’s Rescue, With Cameos From Warren Buffett, Hillary Clinton
(DBN)

Court Casts a New Light on a Bailout
(DBN)

Bernanke, Geithner, And Paulson Will Head To Washington To Answer Questions About The AIG Bailout --- Greenberg Team to Grill Bernanke, Geithner on AIG Bailout
(DBN)

____________

Litigation:

3 E-discovery Trends You Can't Afford to Ignore
(DBN)

____________

Sovereigns:

UN rights body condemns 'vulture funds'
(DBN)

‘It is the first time an int’l institution will investigate vulture funds’
(DBN)

Argentina Bond Hedge Funds Said to Support Citibank Payment
(DBN)

Griesa lets Citigroup make US$5M payment
(DBN)

The Go-To Law Firm For Governments in Default
(DBN)

Argentina Bond Fight on Tenterhooks
(DBN)

Germany tones down clash over 'vulture funds'
(DBN)

____________

UK:

Tesco's woes stem from a chain of stock irregularities
(DBN)

How hapless haggling caused Tesco's headaches
(DBN)

Phones 4U collapse chills ‘junk’ market
(DBN)

Balfour Beatty Shares Tumble After Profit Warning On Construction Services
(DBN)

Relief for Rock and B&B bondholders
(DBN)

____________

EU:

The ECB And The Fed Are Living In Alternate Universes
(DBN)

Apple Under Investigation Over 'Illegal' Tax Agreement That Allegedly Saved It Billions
(DBN)

Europe's Bad Weekend
(DBN)

____________

PIIGS:

ie: Thousands of professionals seek help to go bankrupt
(DBN)

Catalonia Defies Spain And Calls Secession Vote
(DBN)

The Troika threats to bankrupt Ireland
(DBN)

Fearing political crisis, Greece plots escape from bailout
(DBN)

Fosun ups bid for Portugal's Espirito Santo healthcare unit
(DBN)

____________

Germany:

Charges Filed Against Former Hypo Real Estate Managers
(DBN)

____________

MENA:

Dubai Amlak's shareholders back debt restructuring
(DBN)

One Of The World's Most Influential Sheiks Has Issued A Fatwa Against ISIS
(DBN)

US Veterans Send Fox News An Open Letter About 'B---- On The Ground' Joke
(DBN)

Boehner: ‘At Some Point, Somebody’s Boots Have to Be on the Ground’ --- Americans Expect U.S. to Send Troops to Fight Islamic State
(DBN)

Boots on the Ground: Poll Shows Americans Ready to Respond --- Poll: 70% of troops say no boots on ground in Iraq
(DBN)

Obama: U.S. underestimated ISIS , overestimated Iraq army
(DBN)

Feds Name 12 Backers of Middle East Terrorism
(DBN)

Afghanistan: Taliban Kills 100, Beheads 15
(DBN)

____________

Ukraine:

Ukraine's Poroshenko Is Starting To Lose Support As Putin Gets His Way
(DBN)

Ukraine Backs Off From EU-Backed Russia Gas Deal
(DBN)

____________

Russia:

The Arrest Of A Billionaire Does Not Bode Well For Russia's Economy
(DBN)

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Australia:

Babcock & Brown investors claim $113m
(DBN)

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Hong Kong:

Hong Kong Pro-Democracy Movement Gets Global Support
(DBN)

The Story Behind The Turmoil In Hong Kong --- Pic --- Drone Footage Shows The Enormous Extent Of The Protests
(DBN)

Hong Kong Protests Deepen Retail Gloom As China Visitors Stay Away
(DBN)

Rivals Tiananmen Square Crackdown 25 Years Ago --- Hong Kong Protests Swell as Police Withdraw
(DBN)

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China:

Chinese Industrial Profits Fall In August
(DBN)

____________

Uganda:

New law to rescue the bankrupt
(DBN)

____________

Isle of Man:

Isle of Man’s archaic insolvency laws must change
(DBN)

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Brazil:

Unit of Brazil's OSX gets approval to stop payments
(DBN)

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