April 13, 2015

The Daily Bankruptcy News

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Law:

Associate Bonus Watch: Yet Another Firm Enhances Its Payouts
(DBN)

McGraw Hill GC: ‘Gut Checks’ Are Better than AFAs
(DBN)

Police: $40, Subway Card Stolen From Slain DC BigLaw Lawyer
(DBN)

In Cambridge, Lawyers Debate Future of Their Profession
(DBN)

Considering Merger? Spend Your Time Wisely…
(DBN)

Lawyer says his restitution for dodging thousands in train fares should reflect weekly pass rate
(DBN)

BigLaw partner moonlights as Masters caddy, thanks to deal cut at Amateur tournament
(DBN)

The Tyranny Of Title IX: How The Case Of The P--- Linking Law Professor Could Be Worse
(DBN)

On The Beaten Path? What Your Law School Ranking Says About Your Prospects For Making Partner
(DBN)

How Would Your Law School’s Ranking Change If It Merged With Another Law School?
(DBN)

The Working Stiffs Of Harvard Law School
(DBN)

Dershowitz Says He's "Vindicated" in Sex Abuse Case
(DBN)

Past Drug Charges Derail a Law Student’s Education
(DBN)

The Case Against Gay Marriage: Top Law Firms Won't Touch It
(DBN)

Apple Watch Deliveries Stretch Out Despite Scarce Store Crowds
(DBN)

5 apps that will boost your productivity right now
(DBN)

Apple Watch set to beat iPhone with 1 million sales Apple Watch sells out, but not due to demand
(DBN)

Staying up late might be bad for your health — but not because you're getting less sleep
(DBN)

Is your employer killing you?
(DBN)

Here’s what you should know about the 4 different types of men's shoulder styles
(DBN)

Here's how to avoid an awkward silence
(DBN)

Mom dangled son over cheetah exhibit before he fell in, Ohio zoo says
(DBN)

Cabbie Ordered to Pay $15,000 After Telling Women to Quit Kissing or Get Out
(DBN)

The Justice Department wants its employees to stop sleeping with pros
(DBN)

Police: Thousands Dead, Few Prosecuted Cleveland officer facing trial in 137-shot barrage says he cannot recall shooting 10 cops suspended over taped beating that was allegedly 'worse than Rodney King' Shocking new video shows shooting of unarmed black man that Tulsa reserve deputy claims to be an accident Think Walter Scott's death is 'another Ferguson'? Cops don't Here's when cops are justified in using deadly force Veteran NYPD officer explains what makes the Walter Scott shooting so troubling
(DBN)

Rancher ticketed for riding horse to Taco Bell
(DBN)

3 Year Old Picks Up Gun and Shoots 1 Year Old
(DBN)

How an Insurer Is Taking Money From the Fan Beaten at Dodger Stadium
(DBN)

DA’s office: Ex-lawyer charged in $1.2M theft got the money by having someone impersonate her client
(DBN)

An armored car spills cash on a highway in Texas, chaos ensues
(DBN)

Better Call Saul season 2 returns in 2016: Jimmy is one step closer to Saul Goodman; What to expect next in the series
(DBN)

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Judges:

Conn. Bankruptcy Judge Retires After 22 Years on Bench
(DBN)

10-year sentence for child s----- leads to recall effort for judge who imposed it
(DBN)

Should female justices be recognized with an ice cream flavor by Ben & Jerry’s?
(DBN)

Wisconsin chief justice sues over voter-approved measure that could demote her
(DBN)

Which SCOTUS Justice Went Drinking With George And Amal Clooney?
(DBN)

Sotomayor: Don't Blame the Justices for Politicization of SCOTUS
(DBN)

Is the Supreme Court broken?
(DBN)

The Justices Save the Big Rulings Until the End. Here's Why.
(DBN)

The Most Ridiculously Long Judicial Vacancies The Senate Still Hasn't Filled
(DBN)

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Wall Street:

Futures lower, Asian stock markets mostly higher Stock futures dip, but big earnings in sight
(DBN)

Boosted by GE surge, U.S. stocks close the week on a high note
(DBN)

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Layoffs:

OH: Republic Storage closes; nearly 300 lose their jobs
(DBN)

MBA: Job creation problem lies at nexus of hirings, opening and quits
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Healthcare:

People's Community head describes plans to end bankruptcy
(DBN)

Survey: Nearly 9 in 10 US adults now have overall health insurance coverage Rate of Uninsured Americans Drops to 11.9%
(DBN)

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Retailing:

Sears Nets $114 Million in Property Pact as Reshaping Continues Sears Holdings, Simon Property Group Enter Real Estate Joint Venture
(DBN)

Karmaloop’s business boomed, then unraveled
(DBN)

RadioShack Looks to Unload Defense Mobile Phones
(DBN)

Amazon Sues Websites Selling Product Reviews
(DBN)

Retailers come under fire for work schedules
(DBN)

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Golf:

Guy Who Tanked Lehman Now Tanking a Malibu Golf Course
(DBN)

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Manufacturing:

Milacron plans IPO in comeback from bankruptcy
(DBN)

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Soccer:

Parma: Players of debt-ridden club now do their own laundry Rock-Bottom Parma Stun Champions Juventus
(DBN)

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Autos:

Chassix receives bankruptcy court approval for $250M in financing
(DBN)

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Non-Profits:

Things just got worse for this social-services nonprofit
(DBN)

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Coal:

Bankruptcy Fears Cause Alpha Natural Resources Inc.’s Stock to Slip Another 16% in March
(DBN)

Why Peabody Energy Corporation's Stock Took a 33% Beating in March
(DBN)

Xinergy DIP loan nets interim court OK; final hearing set for May 5
(DBN)

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Food/Beverage:

Maui IHOP's owner files for bankruptcy protection
(DBN)

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Computers:

Xchange Technology trades bankruptcy for prosperity
(DBN)

Worldwide PC Shipments Slip Again in Q1
(DBN)

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Resorts:

Club founder ordered to appear in court for contempt hearing
(DBN)

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Museums:

Death knell sounded for 80-year-old Marin History Museum
(DBN)

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Aviation:

Airbus files court claim against Skymark Airlines
(DBN)

Report gives US airlines lower marks across the board
(DBN)

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Personal Finance:

What to say when an interviewer asks, ‘How much money do you want to make in your next job?’
(DBN)

All the awful mistakes people make in job interviews
(DBN)

The college degrees that will make you rich
(DBN)

7 signs you need to quit your job
(DBN)

The simple secret menu trick for getting a cheaper Big Mac
(DBN)

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Gambling:

Atlantic City fining powerless Revel casino $5,000 daily A.C. Revel casino fines begin, water and power stop
(DBN)

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Debt Collection:

The Amazingly Confusing Life Insurance Exemption From Creditor Claims
(DBN)

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Economy:

Middle Class, but Feeling Economically Insecure
(DBN)

Gap's tale of 2 brands shows how broke Americans really are
(DBN)

Job Opportunities Are Improving for College Graduates
(DBN)

Larry Summers has a major warning about the US economy
(DBN)

Top 20% pay more than 80% of income taxes
(DBN)

The Real Reason the Dollar is So Strong
(DBN)

Here's how much money millennials are earning in each state
(DBN)

New York Fed Provides Look at Regional Household Debt and Credit
(DBN)

Almost no one pays attention to the most important inflation indicator
(DBN)

Fed Heeds Wall Street’s Warning on Where Next Crisis May Come From
(DBN)

Charts That Show Dramatic Changes in U.S. Economy Since 1967
(DBN)

General Electric Resorts To Financial Engineering To Boost Stock Price GE to sell bulk of finance unit, return up to $90 billion to investors GE Tears Down the House that Jack Built GE Capital succumbs to changing regulatory climate GE Capital's Checkered Past The Lessons for Finance in the GE Capital Retreat GE's $23 billion financial asset sale to Blackstone, Wells Fargo will help it exit Fed oversight Krugman: A Victory Against the Shadows
(DBN)

GE Looks to Check Out of ‘Hotel California’ of Added Federal Oversight
(DBN)

Texas leads nation in generating export-supported jobs
(DBN)

Gwyneth Paltrow is living off food stamps this week, but what she bought for $29 is completely unrealistic
(DBN)

These Will Be the World’s 20 Largest Economies in 2030
(DBN)

15 Fortune 500 Companies That Pay No Taxes
(DBN)

Where the White People Live
(DBN)

Hotels near Record Occupancy Pace
(DBN)

Where Do Firms Go When They Die?
(DBN)

Economics professor: We're no closer to happiness than we were in the 1950s
(DBN)

Closing the gender wage gap could pull half of working single moms out of poverty
(DBN)

US Debt Clock
(DBN

Economic Indicators Dashboard
(DBN)

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Real Estate:

More Cities Post March Homes-Sales Gains
(DBN)

Deduction really isn’t a tax benefit
(DBN)

Millions facing higher premium rates for flood insurance
(DBN)

OR: Bankruptcy woes widen for developer
(DBN)

Aaron Chitrik files for Chapter 11 to prevent auction of Midtown office building
(DBN)

LA Times: Office Vacancy Rate Declines
(DBN)

Decreased Valuations Pose Challenge for CMBS Refi
(DBN)

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Municipalities:

Puerto Rico Power Bonds Rally as Creditors Seek to Repair System Puerto Rico, Investors Enlist Ex-IMF Officials
(DBN)

Atlantic City's path / Agree on cuts or end in bankruptcy Atlantic City needs a (wealthy) savior
(DBN)

Making Detroit grit chic
(DBN)

Gosling on Detroit: 'It was pretty dangerous'
(DBN)

San Bernardino firefighters union sues city
(DBN)

Former downtown development partner lists $11.5M in debt
(DBN)

Ohio lawmaker calls for an East Cleveland bailout
(DBN)

Saginaw County trying to find $136 Million to fund county retiree healthcare
(DBN)

Former Enron trader Arnold may launch national PR push to reform pensions
(DBN)

Reform of NYC Pension May Follow CALPER’s Script
(DBN)

Democratic mayors call for pension reform 10 mayors take fellow Democrats to task on pension fix
(DBN)

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Oil/Gas:

U.S. oil rig count down 42 as industry’s slowdown accelerates
(DBN)

An update on oil prices Crude oil futures rally $1 as China stimulus bets fuel risk appetite Oil rises, supported by US drilling slowdown Oil Futures Rally But Fundamentals Remain Weak World Oil Demand On The Rise Says Saudi Oil Minister Saudi's Plan to Extend the Age of Oil
(DBN)

O&G survey: How companies are managing the downturn
(DBN)

Forest Oil Loophole Lures Second Energy Firm to Skip Bond Payout
(DBN)

What's Really Behind The U.S Crude Oil Build
(DBN)

Oil Merger Mania: The Best Way to Make (and Lose) Money Exxon might be next in line for mega deal, analysts say EnCap raises $6.5 billion to pour into North American oil firms
(DBN)

Shell Bets the Oil Age is Near an End
(DBN)

The world's biggest private equity firms are fighting over Shell's scraps
(DBN)

Oil Markets Reaching a Bottom?
(DBN)

Oil Stocks: Don't Believe the Liquidity Hype
(DBN)

IEA: Iran's oil output could rise significantly 3-5 years post-nuclear deal
(DBN)

Creditors seek $230M from Moreno
(DBN)

Creditors Seek To Take Over Connacher Oil & Gas
(DBN)

Analysts and Oil Prices Pummel Halcon Resources Corp's Stock, Sending It Down 19% in March
(DBN)

U.S. households to save $700 this year on gasoline
(DBN)

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Radio:

Price For James Crystal Radio Stations In Bankruptcy Sale: $5.5 Million
(DBN)

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Hockey:

Interest in Erie Otters' fate stays high, in and out of court Most early bidders want to keep Otters in Erie Bankruptcy Case Aims to Move Erie Otters Sale Forward Otters say bankruptcy won't affect team
(DBN)

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Fraud:

Motion lists evidence being gathered against TelexFree
(DBN)

Sentencing Commission Adopts New Framework For Fraud Cases
(DBN)

VA: Moncure sentencing delayed to analyze losses
(DBN)

Judge waves plastic handcuffs, threatens Jeff Parsons with jail time in THR case
(DBN)

New York woman with eight husbands denies fraud charges
(DBN)

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Mass Torts:

AZ: Gov. Ducey signs bill to limit asbestos claims, require disclosure of bankruptcy trust claims
(DBN)

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Software:

Florida Department of Law Enforcement pulls contract from Louisiana vendor with bankruptcy history
(DBN)

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Student Debt:

Nine AGs ask Department of Education to forgive debts of Corinthian College students
(DBN)

Disaster looms with student loan bankruptcy consideration
(DBN)

Group urges student loan 'debt strike'
(DBN)

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Social Media:

Owner of Bankrupt Gun Store Chooses to Stay in Jail So He Can Keep Facebook, Twitter Accounts
(DBN)

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Celebs:

10 Notorious Tax Cheats: Real Housewives Stars Teresa And Joe Giudice Faced A Staggering 50 Years
(DBN)

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Shipping:

Private Equity's Bet on Shipping Falters as Deal Boom Ends
(DBN)

Judger Shipbuilding files for bankruptcy
(DBN)

ABG Shipyard’s lenders call for stake sale
(DBN)

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Weather:

California's New Era of Heat Destroys All Previous Records
(DBN)

Our Weird US Weather
(DBN)

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New Bankruptcy Opinions
(3 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (27 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (11 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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Miscellaneous:

The Week Ahead
(DBN)

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Professional Compensation:

Fifth Circuit Reverses Pro-Snax Fifth Circuit adopts bankruptcy fees test used in other courts The Opinion
(DBN)

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Academia:

New and Improved Warren & Westbrook, now with Porter & Pottow!
(DBN)

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Bankruptcy Reform:

ABI Commission Report – Section 552(b) and the “Equities of the Case”
(DBN)

Weil’s March Madness: the 2015 Champion is …
(DBN)

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Reclamation:

Reclamation, Administrative Claims and Other Possibilities for Recovery When a Factor Has Not Approved Orders
(DBN)

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Distressed Investing:

For Wells Fargo’s Fred Berens, There’s Profit in Turmoil
(DBN)

Oaktree Nears $10 Billion Finish Line for Distressed Debt Funds
(DBN)

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Management:

Successfully Navigating Disruption
(DBN)

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Banking:

Bankruptcy Judge Considers Allied Bank Auction Golden Moments in Acme Bankruptcy Court
(DBN)

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Religion:

Minnesota Archdiocese, Abuse Victims at Odds Over Claims Deadline
(DBN)

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Compensation:

Despite Federal Regulation, C.E.O.-Worker Pay Gap Data Remains Hidden
(DBN)

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Education:

This might be the death blow for an imploding college
(DBN)

American Boychoir School in Princeton files for bankruptcy
(DBN)

Stanford's tuition giveaway program is a dangerous idea
(DBN)

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Bankruptcy Crimes:

Feds arrest law firm “runner” as he tries to board plane
(DBN)

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Agriculture:

Turner Grain's Dale Bartlett Asks for Chapter 7
(DBN)

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Politics:

Hillary Clinton Announces 2016 Presidential Bid Where They Stand: Clinton on issues of the 2016 campaign 'Everyday Americans need a champion and I want to be that champion' Hillary faces an unusual problem in her campaign The Definitive H&H Hillary Clinton Scouting Report
(DBN)

Rand Paul gets scolded by Fox News hosts Rand Paul walks out of interview Rand Paul Wants Non-Violent Offenders to Get Fines, Not Jail Time
(DBN)

John Boehner just uses Leonardo DiCaprio GIFs to explain entitlement reform
(DBN)

This billionaire hedge funder is quietly bankrolling Ted Cruz's campaign
(DBN)

Paul Krugman: Whether Hillary Clinton or Elizabeth Warren, the difference between Democrats and GOP is stark
(DBN)

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Sovereigns:

Citigroup: Big Troubles In Little Argentina
(DBN)

Getting Ukraine's bondholders from B to A
(DBN)

Main players in Ukraine debt battle prepare to face off
(DBN)

Grenada adds warrants to bond restructuring
(DBN)

Nobel economist Joseph Stiglitz backs UNCTAD's work on debt workouts
(DBN)

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UK:

Phones 4u collapses and no money guarantee for creditors
(DBN)

Lawyers recover £5m from fraudsters' Caribbean accounts
(DBN)

BHS buyers tipped off to deal by rejected suitor
(DBN)

Gordon Brothers Europe expands Valuation & Corporate Recovery team
(DBN)

Luxury golf club enters administration
(DBN)

TLT to defend 26 former Halliwells partners Ex-Halliwells partners switch lawyers to TLT in liquidator dispute
(DBN)

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EU:

The eurozone's economic crisis is far from over
(DBN)

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PIIGS:

Greece May Have Blown Best Hope of Debt Deal
(DBN)

ECB president 'blew up' over a proposal that could have solved the Greek crisis in 2010
(DBN)

Greece's banks hamper economic recovery Time is running out for Greek banks
(DBN)

Greece’s poor are back to where they were in 1980
(DBN)

Greece: Orthodox Church offers up property to raise funds for country's debt
(DBN)

Euro zone officials shocked by Greece's stance Eurozone officials slammed Greece for acting ‘like a taxi driver' as it 'just kept asking for money'
(DBN)

Greek finance ministry hits back at German newspaper report
(DBN)

Even Spain—Spain!—is getting paid to borrow money now
(DBN)

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Canada:

Ottawa to report $1.8 billion gain on GM
(DBN)

Ontario judge authorizes U.S. Steel Canada to look for buyers
(DBN)

Customer plans funeral as Target leaves Canada
(DBN)

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China:

Major Warning Signs From China's Economy
(DBN)

China's First Bond Default Suggests a Reform Attempt
(DBN)

China’s economic growth to slow: World Bank
(DBN)

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Brazil:

Creditors agree not to execute on OGX DIP financing
(DBN)

Judge charged in landmark Brazilian trial
(DBN)

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Cyprus:

Cyprus: Insolvency row turns from theatre to farce
(DBN)

Insolvency framework vote this week
(DBN)

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Hungary:

Hungarian investors want full reparation as brokerage falls Hungary Broker Clients to Get Compensation in Hit to Banks - Bloomberg Business
(DBN)

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Ukraine:

Negating Russia's Veto Over Ukraine's IMF Package
(DBN)

Ukraine Debt Rating Now Super-Duper Junk
(DBN)

S&P expects Ukraine's GDP to fall by 7.5% in 2015
(DBN)

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Austria:

German lenders should write off half of bonds from Austria's Heta - Bundesbank
(DBN)

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Malaysia:

Is Malaysia's 1MDB a tragedy or farce?
(DBN)

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