September5, 2014

The Daily Bankruptcy News

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Law:

Marc Leder on the Demands of Restructuring --- Shaunna D. Jones on How Firms Can Attract and Retain Employees --- Carol Flaton on Professional and Personal Support
(DBN)

Reinventing The Law Business: Profits Per Partner — A Good Servant But A Bad Master
(DBN)

Lawyer seeks to push Woburn law firm into involuntary bankruptcy
(DBN)

What’s it like to be the lawyer for Mark Cuban or Jerry Jones? Depends if you’re winning
(DBN)

Appeals Court Breathes New Life Into Fraud Case Involving BASF, Cahill Gordon
(DBN)

Pa. Law School Aims for 'Practice-Ready' Lawyers
(DBN)

Weil pays out millions to settle Slovakian ice cream negligence nightmare
(DBN)

Lawyerly Lairs: Ex-ACORN Attorney Sells $21 Million Townhouse
(DBN)

5 Reasons To Become A Legal Recruiter
(DBN)

Revenue Projections for 2014 a Mixed Bag at N.J. Firms
(DBN)

This Is Your Brain on Law School
(DBN)

19 Apps We Can't Live Without
(DBN)

Here’s Why Introverts Can Be The Best Leaders
(DBN)

How To Survive On Only A Few Hours Of Sleep
(DBN)

Suit targets billing by litigation support companies, names Jacoby & Meyers as a defendant
(DBN)

Former FSU law student takes plea, gets 3 years for shooting fellow student in the back
(DBN)

D.C. Circuit Court Agrees To Re-hear Obamacare Case --- President wins as appeals court revisits Obamacare case
(DBN)

Law profs should limit fear-inducing cautionary tales, article says
(DBN)

School bans 'unsupervised cartwheels' on playground
(DBN)

Can’t A Dude Put On Lipstick For The DMV?
(DBN)

Cops: Man Stabs Roommate For Being Loud During Threesome
(DBN)

In court after missing anger management courses, man attacks his public defender, authorities say
(DBN)

Billionaire's wife claims prenup signed under duress
(DBN)

Ex-Virginia Governor McDonnell Convicted in Corruption Trial
(DBN)

SAC* PM Asks Cops To Reserve House Calls For The Time He Kills A Guy Or Drives His Car Through Someone’s Living Room
(DBN)

Suspect Stops in Middle of Police Chase to Pet Cats
(DBN)

Lawyer disbarred for stealing sunglasses
(DBN)

Former top NYC lawyer sues police department, says she was arrested for standing on a sidewalk
(DBN)

The NYPD Is Going To Start Putting Body Cameras On Police Officers
(DBN)

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Judges:

Tucson attorney appointed as bankruptcy judge
(DBN)

Justice Scalia Says Executing The Innocent Doesn't Violate The Constitution
(DBN)

That Jerk Of A Judge Just Needs A Snack Break
(DBN)

A Federal Judge And His iPad (Part 2)
(DBN)

Public Wants Video in U.S. Supreme Court, Poll Shows
(DBN)

Judge convicted of prostitution misdemeanors, but acquitted of felony charges
(DBN)

Judge Posner "whacks" (truly) Wisconsin and Indiana
(DBN)

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Wall Street:

US Stock Futures Down; All Eyes On Jobs Report
(DBN)

US stocks end lower; caution before jobs report
(DBN)

Sam Zell: Stock market correction coming
(DBN)

Goldman Sachs Just Says 'Vice President' to Be Polite
(DBN)

Happy Days At 200 West Street
(DBN)

Why billionaires are bracing for a crash
(DBN)

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Layoffs:

9 Interview Mistakes That Could Cost You The Job Offer
(DBN)

Florida's planned layoffs rise by 33 percent
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Waste:

After Creative Recycling bankruptcy , state looks for a new e-scrapper
(DBN)

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Education:

A Former Hedge-Funder Guarantees He Can Get Your Kid Into An Ivy League School
(DBN)

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Coal:

Joy Global misses estimates as coal miners cut spending
(DBN)

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Personal Finance:

Why You Don't Want To Max Out Your Credit Card
(DBN)

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Television:

Sport Rights Fees Too Low, Says Raine Group Co-Founder
(DBN)

CSN Houston resolution moves into voting stages
(DBN)

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Fraud:

$6.4B Rogue Trader Jérôme Kerviel to Leave Prison After Four Months
(DBN)

USA Harvest founder Stan Curtis sentenced to 24 months in prison
(DBN)

Convicted $200 Million Ponzi Schemer Wins Resentencing After Appeals Court Tosses Two Convictions
(DBN)

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Student Debt:

Consumer advocates urge the Department of Education to crack down on student loan debt collectors
(DBN)

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Forfeiture:

Philadelphia makes millions by seizing homes in drug cases — even if owners aren’t charged
(DBN)

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Direct Marketing:

As Seen On TV has defaulted on two notes
(DBN)

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Healthcare:

Mary Washington Healthcare lays off 66 workers
(DBN)

Nursing Home Closes Suddenly, Leaving Residents Scrambling
(DBN)

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Economy:

2009 Stimulus: Taxpayers and Workers Were Gouged
(DBN)

Fastest Services Growth Since 2005 Lifts U.S. Expansion: Economy --- Is the Economy Finally Breaking Out?
(DBN)

US Weekly Jobless Claims Inch Up To 302000 --- How states fared on unemployment benefit claims
(DBN)

Private sector jobs are coming back --- US private job growth slows, but services sector bullish --- ISM Non-Manufacturing Index increased to 59.6% in August
(DBN)

U.S. labor costs fall in second quarter; productivity revised down
(DBN)

U.S. Payroll to Population Rate Flat at 44.9% in August
(DBN)

Real GDP per capita growth over the past 10 years: not what you’d think
(DBN)

Rogoff: Economy Still Tighter Than Thought
(DBN)

Fed survey highlights widening US wealth, income gap --- America's Highest Earners Are Bouncing Back Nicely
(DBN)

US fast-food workers arrested in protests for wage hike --- Fast-food worker strikes aren't what they appear to be --- Workers strike again, face arrests. What progress have they made? --- I'm Striking Because I Can Barely Afford To Eat On My McDonald's Salary
(DBN)

US productivity rose 2.3% in Q2
(DBN)

Oaktree fund betting big on economic downturn
(DBN)

Median Incomes Fell for All But Richest in 2010-2013, Fed Says
(DBN)

Millennials aren’t leaving their jobs — and that’s a big problem for the economy
(DBN)

Trade Deficit decreased in July to $40.5 Billion
(DBN)

Part-Time Jobs Are Increasing. But Don't Blame Obamacare -- Yet.
(DBN)

Nearly 1 in 10 California workers are illegals
(DBN)

Pat Robertson to 80-year-old who can’t pay bills: Keep tithing, get a job, sell your stuff on eBay
(DBN)

US Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Freddie Mac: Mortgage rates hold at year's low; 30-year average at 4.1%
(DBN)

Lower rates fail to fuel home buyers
(DBN)

Is Housing Such a Bad Investment? Maybe Not...
(DBN)

Blame bankers if housing market crashes
(DBN)

HUD selling $2.3 billion of non-performing loans
(DBN)

Homes affordable to 96% of recent college grads making median income
(DBN)

MBA: Mortgage credit availability drops in August
(DBN)

Baltimore: Pat Turner headed back to court as Westport investor sets stage for foreclosure
(DBN)

Angelo Mozilo Has No Idea Why People Still Want To Talk About Countrywide, He’s Yet To Be Inducted Into The CEO Hall Of Fame
(DBN)

How the Suburbs Got Poor
(DBN)

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Municipalities:

Detroit’s Bankruptcy Judge Challenges Major Creditors
(DBN)

Detroit begins confirmation arguments
(DBN)

Opening Arguments: Who talked for how long?
(DBN)

Detroit CFO Says Debt Plan Needed to Fund New Spending
(DBN)

Detroit official calls controls 'very poor' --- City had trouble keeping track of revenue, expenditures
(DBN)

Live tweets
(DBN)

Bankruptcy scorecard Day 3: Attorneys continue to blast plan of adjustment
(DBN)

Detroit CFO to return to stand in bankruptcy trial --- Insurer expected to assail Detroit CFO as bankruptcy trial resumes today
(DBN)

Detroit bankruptcy plan a 'road map' that may need adjustment -city's CFO --- Detroit CFO sees tough climb to reach revenue targets
(DBN)

Orr says rejection of bankruptcy plan would be 'catastrophic'
(DBN)

Creditor wants land, $200M stake in tunnel from Detroit
(DBN)

What shutting off running water to Detroiters reveals about city finances
(DBN)

Comeback state has miles to go
(DBN)

Detroit, hoping to leave bankruptcy, warns of 'downward spiral'
(DBN)

Puerto Rico Is Said to Hire AlixPartners to Lead Restructuring of Power Authority --- Puerto Rico Electric Taps AlixPartners’ Donahue in Restructuring
(DBN)

Port St. Lucie Refunds Munis for Studio That Made Tupac Hologram
(DBN)

Long odds for Atlantic City's next chapter
(DBN)

Puerto Rico taps Donahue for PREPA restructure
(DBN)

Things We Wish We'd Known Before Moving To San Francisco
(DBN)

____________

Financial Privacy:

Your stolen credit card data, on sale for $1
(DBN)

____________

Mass Torts:

BP Found Grossly Negligent In The 2010 Gulf Spill, Shares Tanking --- Fines May Rise --- 'Worst Case' BP Ruling to Force Billions More in Payouts --- BP’s walloping fine for “gross negligence” could wipe out a whole year’s profit --- Analyst: An $18 Billion Fine Is No Big Deal For BP
(DBN)

Pharmacist Tied To Deadly Meningitis Outbreak Was Arrested
(DBN)

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Politics:

George W. Bush's Daughters Are Not Republicans
(DBN)

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Celebs:

16 Items From The Bizarre Jackson Family Bankruptcy Auction
(DBN)

Ex-Va. governor guilty of public corruption
(DBN)

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Hotels:

Hotel Demand Strongest on Record
(DBN)

____________

Gambling:

Revel Nightclub Operator Makes Pitch to Keep Clubs Open
(DBN)

Atlantic City’s Taj Mahal may be headed for bankruptcy
(DBN)

Tumult at 2 Trump casinos as Plaza shutdown nears
(DBN)

Trump Taj Mahal could file Chapter 11 ‘within days’ – report
(DBN)

____________

Tax:

No Free Lunch for Companies as IRS Weighs Meal Tax Rules
(DBN)

Business Pays A Lot Of State And Local Taxes
(DBN)

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Aviation:

The US Airlines With The Most Legroom For Economy Passengers
(DBN)

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New Bankruptcy Opinions
(4 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (25 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (23 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:

Cause of Decline In Bankruptcy Filings? High Yield Debt
(DBN)

Bankruptcies down in Delaware, US
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

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Avoidance Actions:

Caveat Debtor: Liens Preserved Pursuant to Section 551 Subject to Defects Under State Law
(DBN)

Only Debtor's Intent Relevant in Fraudulent Conveyance Claim
(DBN)

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Miscellaneous:

Catching Judge Sontchi's "Flurry of Opinions"
(DBN)

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Plan Confirmation:

Momentive files amended plan to clear path to cram-down confirmation
(DBN)

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TBTF:

MetLife meets fate at ‘too big to fail’ panel
(DBN)

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Oil/Gas:

Matagorda Island Gas Seeks Chapter 11 Protection
(DBN)

____________

Retailing:

Panic at the mall: Wet Seal dives 29% on bleak forecast
(DBN)

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Compensation:

Top employees to see big bonuses this year and next
(DBN)

____________

Football:

NFL star's new playbook: Keep pros from going broke
(DBN)

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Religion:

Milwaukee archbishop says he's awaiting abuse survivors' plan for compensation
(DBN)

____________

Museums:

DIA Director: Museums Should Step Very Carefully 'In Times of Crisis'
(DBN)

____________

Nuclear:

A-Bomb Recycler Seeks Bankruptcy Exit as Uranium Recovers
(DBN)

____________

Accounting:

Ladies Still Need Entire Panels Made Up of Dudes to Talk About Ladies in the Profession
(DBN)

____________

Sovereigns:

I.M.F. Considers Rules to Force Bondholders to Share Cost of Restructuring
(DBN)

UN Treaty Could Enact Global Bankruptcy Process and Stop Predatory Funds
(DBN)

Argentine Economist Says Bond Holdouts Should Be Paid
(DBN)

Argentina votes to move debt , ignores US ruling it's 'illegal'
(DBN)

Hedge Funds, Others Meet With Argentine Official On Impasse --- Argentina's Lopez Said to Meet With Investors Over Debt Swap
(DBN)

Argentina has handed the vultures leverage
(DBN)

Argentina's Debt Crisis: In the Shadows of the Vultures
(DBN)

NML warns of 'contempt, risks' to third parties which enter new debt swap
(DBN)

Argentina Says It’s No Venezuela as Price Cap Law Debated
(DBN)

Argentina legal plot moves to its lower house
(DBN)

Argentina swap plan gets cold reception in New York
(DBN)

CFK blames vulture funds for mudslinging
(DBN)

___________

UK:

Bank of England holds rates despite unflagging recovery
(DBN)

Tram museum plan at risk
(DBN)

Co-op Group returns to profit
(DBN)

____________

EU:

The reluctant firefighters at the ECB start dousing the flames
(DBN)

ECB Cuts Rates, Announces Stimulus to Combat Low Inflation --- ECB cuts rates, launches asset purchases
(DBN)

The Euro Is Getting Destroyed After Stunner From The ECB
(DBN)

QE goes to Europe, sends Dow to latest test
(DBN)

El-Erian: What the ECB's Moves Mean for the World
(DBN)

Eurozone Economy: Zero Growth
(DBN)

____________

PIIGS:

Italy court upholds U.S. ruling on Parmalat damages to Citibank --- Parmalat ordered to pay Citibank $431 mln - lawyers
(DBN)

Greece pledges reform push as EU/IMF bailout talks in Paris end --- International lenders will return to Greece in late September
(DBN)

____________

Canada:

Consumer Debt Increases in Canada
(DBN)

____________

Ukraine:

Putin's Game: Shadow War Until Assured of Veto Over Ukraine's NATO Ambitions
(DBN)

NATO: Russian aggression was wake-up call
(DBN)

____________

Russia:

New Sanctions Are About To Slam Russia
(DBN)

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