April 28, 2015

The Daily Bankruptcy News

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Law:

Harvey Miller, Bankruptcy Trailblazer, Dies at 82 In Memoriam: Harvey Miller (1933 - 2015) Harvey Miller , leading bankruptcy attorney, dies at 82 Harvey Miller , Lehman Lawyer in Biggest Bankruptcy, Dies at 82 SIPC Laments Passing Of Bankruptcy Attorney Harvey Miller Harvey Miller, Bankruptcy Law Pioneer, Dies - Partner at Weil Gotshal handled some of biggest bankruptcy cases, including Lehman, GM, Texaco GM’s lead bankruptcy attorney dies at 82 America’s foremost bankruptcy lawyer dies Harvey Miller, Bankruptcy Law Pioneer, Dies Harvey Miller, a leader in bankruptcy law, dies at 82 Weil Gotshal Partner, Titan of the Bankruptcy Bar, Dies Weil Gotshal’s Harvey Miller, Credited With Transforming Bankruptcy Law, Dies at 82 A World Without Harvey Harvey R. Miller, Renowned Bankruptcy Lawyer, Dies at 82
(DBN)

The 2015 Am Law 100: Rich and Richer Latham soars to top of Am Law 100 list with record $2.6B in revenue The Superrich Firms Pull Away Latham Becomes the New No. 1 A Challenging Year at Cadwalader The Year's Hottest Markets Some California Firms Made Big Moves Up and Down the AmLaw 100 List The 2015 Am Law 100: Revenues Rising, Profits Popping, And A New #1 Firm
(DBN)

Witness List: A Who’s Who of Dewey & LeBoeuf’s Recent History Dewey trial expected to be ‘long legal slog’; what type of jurors will defense seek? Jury selection begins in criminal trial of ex-Dewey leaders 5 Things to Know About the Dewey & LeBoeuf Trial Trial of Dewey trio expected to last six months
(DBN)

Entry-Level Hiring Starts Long Crawl Out Of The Abyss
(DBN)

An Actual, Anonymous Survey Of In-House Compensation
(DBN)

Baker & McKenzie Chair: The Shifting Economic Center of Gravity
(DBN)

Law grad from ill-fated class of 2010 had $328K in student debt and worked three jobs
(DBN)

Could This Be The Law School Graduate With The Most Student Loan Debt In The World?
(DBN)

Law Professor Who Sent P--- To Her Students Blames Everyone But Herself Let's Forget About the Bead Thing, Reminds Professor in WaPo Column
(DBN)

Law Revue Video Contest 2015: The Finalists!
(DBN)

Lawyer’s routine day in court ends when car bursts into flames in parking lot
(DBN)

Latest From The DLA Piper Associate Killing — A Secret Double Life
(DBN)

‘Here’s the Proposal: Pay Us Whatever You Want,’ Ballard Spahr Chair Recalls
(DBN)

Bankruptcy Lawyer: Why Every Lawyer Should Be Practicing Mindfulness (Part II)
(DBN)

Plenty of duds among the first 3,000 Apple Watch apps No f--- apps on the Apple Watch
(DBN)

10 things you didn't know your iPhone's camera could do
(DBN)

How to use LinkedIn to land your dream job 24 LinkedIn rules you might be breaking
(DBN)

‘I Look at Us as a Pit Crew on a Race Team,’ Says Dykema CIO
(DBN)

South Carolina's longest-serving sheriff sentenced to a year in prison for harboring illegal immigrants
(DBN)

80-year-old lawyer won biggest case of his career last year
(DBN)

Man admits role in scheme that scammed law firms, says he funneled $2.5M via 38 accounts last year
(DBN)

Company, 2 employees charged in death of worker cooked in oven with 12,000 pounds of tuna
(DBN)

Second-in-command of Tulsa police force resigns after fatal shooting of unarmed black man Baltimore cops get 'credible threat;' local college closed Baltimore Police Detain, Beat Journalists Baltimore is burning
(DBN)

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Judges:

Federal Judge: No stoner banks Bankruptcy Courts Remain Closed For Marijuana Businesses
(DBN)

Taming the Butterflies Before a Supreme Court Argument
(DBN)

Litigant’s F-word filing tells ‘geezer’ judge just what she thinks of his ‘blah, blah, blah’ finding
(DBN)

Judge Ordered to Take Social Media Course Judge rebuked for posting on Facebook about trials she was overseeing says ethics panel got it wrong
(DBN)

A Federal Judge and His Lost iPhone on a Utah Mountain
(DBN)

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Wall Street:

Wall Street on edge ahead of Fed; data and earnings eyed
(DBN)

Stocks close lower despite Apple up 1.5%
(DBN)

How much more Apple earns than everyone else
(DBN)

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Layoffs:

 

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Gambling:

Bankruptcy judge says Caesars can demolish Harrah's casino in Mississippi, despite objections Harrah's Tunica casino barges to be dismantled
(DBN)

NJ: Bankruptcy court can't transfer casino license to new Revel owner
(DBN)

New owner of Atlantic City's Revel casino may not have 99 problems, but it sure seems like it
(DBN)

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Celebs:

Nicole Eggert 'unloads Los Angeles home for $1.15m to cover bills
(DBN)

Ballers gone bankrupt
(DBN)

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Retailing:

Is North American Retail on the Verge of Collapse?
(DBN)

Wal-Mart's sudden closure has crippled a California city
(DBN)

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Tech:

1 in 3 of babies are learning how to use smartphones before they can walk or talk
(DBN)

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Native Americans:

Lower Brule Sioux leader asks feds to freeze funds to tribe
(DBN)

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Distressed Investing:

Tai joins Newfleet as firm expands into distressed debt
(DBN)

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Toll Roads:

Solus's Pucillo Calls Troubled Toll Roads Best Distressed Wager
(DBN)

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Healthcare:

Daughters of Charity lays off staff; State blocks new patients to physician group
(DBN)

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Weather:

Climate Change to Worsen Nat Cat Impact on Creditworthiness: S&P Report
(DBN)

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Economy:

US services sector growth cools in April
(DBN)

America's kids are finally moving out
(DBN)

True Stories of Life on the Dole
(DBN)

Debt addiction may send us the way of the Mayans
(DBN)

Why you should stop worrying and learn to love inequality
(DBN)

US Debt Clock
(DBN

Economic Indicators Dashboard
(DBN)

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Real Estate:

Freddie, FHFA loans hit risk highs in March
(DBN)

Gallup: Americans not as optimistic about homeownership
(DBN)

Ocwen’s road ahead: Well, can't get any worse
(DBN)

Making a Fannie and Freddie we could live with
(DBN)

The Rent Is Due! The Best Cities for Apartment Dwellers
(DBN)

Another auction scheduled for Goshen Plaza
(DBN)

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Municipalities:

Christie appointee leaving role as aide to Atlantic City emergency manager One half of Christie's Atlantic City emergency management team is leaving
(DBN)

Wayne County Exec Unveils Deep Cuts to Avoid Bankruptcy
(DBN)

Puerto Rico hurtles toward default Puerto Rico Debt Slides Amid Wrangling on Tax Plan to Raise Cash Gundlach’s Fund Doubles Holdings of Junk-Rated Puerto Rico
(DBN)

Illinois Governor Bruce Rauner Has Met the Enemy and It Is Unions
(DBN)

Chicago’s Fiscal Stress: New Term, Same Problems The Tax Man Cometh
(DBN)

The Best and Worst Cities to Launch a Business
(DBN)

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Oil/Gas:

Fitch: Energy Default Rate Likely to Rise in 2015
(DBN)

Protection against operator bankruptcy filing
(DBN)

Oil-Industry Debt Mounts Up - Bond issuance so far in 2015 is up 10% year on year; pressure to pump
(DBN)

Oil prices fall as stockpiles continue to rise Oil falls as US crude stockpiles set for another high
(DBN)

Oil price hovers at four-month high BofA raises oil price forecasts for 2016 Traders: Decline in Oil Prices are Over
(DBN)

Why this oil price collapse could be different
(DBN)

Could Low Oil Prices Really Kill the US Fracking Industry?
(DBN)

Lower rig count should support oil prices
(DBN)

Natural-gas futures drop to lowest level in nearly 3 years
(DBN)

Investors Step Up Bets on Oil Price Recovery
(DBN)

Economic activity in Texas is still plunging Texas manufacturing slips again as oil and gas orders disappear
(DBN)

Oil companies seek lasting cost cuts after crude price plunge
(DBN)

Oil and gas drilling remains slow in Wyoming amid low prices
(DBN)

If OPEC is dead, how is Saudi Arabia still calling the shots
(DBN)

Gulf states feeling the pinch as oil prices remain low
(DBN)

BP says oil spill bill over $2 billion would be “severe”
(DBN)

UK: Subsea equipment firm goes under with 20 jobs lost
(DBN)

Sabine, Walter Energy In Spotlight On LCD's Restructuring Watchlist
(DBN)

Refining helps BP and Total weather oil price drops
(DBN)

Tracking capital investment in oil and gas 
(DBN)

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Politics:

Elizabeth Warren on Hillary Clinton's embrace of her populist message: 'Eh'
(DBN)

Elizabeth Warren's team reportedly thinks she 'can get Hillary to do whatever the hell she wants'
(DBN)

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Aviation:

Judge says 'not now' on more stock for old AMR shareholders
(DBN)

Don't Believe Everything You Read: Lower Fuel Prices Aren't Why US Airlines Are Earning Big Profits
(DBN)

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Education:

For-Profit College Shuts Down Dozens Of Campuses, Leaving Thousands Of Students Without A School 16,000 for-profit college students now face a major problem
(DBN)

This 159-year-old college is spending millions of dollars in a last-ditch effort to stay alive
(DBN)

Howard University Lays Off Staff, Upsets Students
(DBN)

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Consultants:

Huron Consulting Group Adds Senior Restructuring Expert
(DBN)

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Personal Finance:

How much you have to save every year if you want to put your kids through college
(DBN)

3 life hacks that will save you up to 10 hours a week
(DBN)

5 words you should never use to describe yourself in an interview
(DBN)

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Hockey:

OHL gets lawyer in Otters' bankruptcy
(DBN)

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Non-Profits:

Malden-based anti-poverty agency files bankruptcy
(DBN)

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Religion:

Attorneys say settlement in abuse case against St. John's
(DBN)

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Guns:

Colt Teeters on the Edge of Bankruptcy: How This Gun Maker Missed the "Obama Boom"
(DBN)

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Coal:

Alpha Natural Resources Sees Light At The End Of The Tunnel
(DBN)

___________

Corporate Reform:

Warren's Wall Street Reforms Would Just Make Banks Riskier
(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 (13 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (9 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:

Q1 2015 Bankruptcy League Tables

March 2015 Bankruptcy Filings Down 12 Percent
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

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Avoidance Actions:

Liability for Preferential Transfer May Be Reduced by Subsequent New Value
(DBN)

Fraudulent Transfer Damages: Creditor Windfall, Creditor Claims Cap, or Equitable Determination by the Court?
(DBN)

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IP:

Trademark Licensor Rights Trump Bankrupt Licensee
(DBN)

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Professional Compensation:

Can Estate Professionals Be Paid If Their Efforts Produce Nothing of Substance?
(DBN)

An 8-Year Battle Comes to an End, Creditors Awarded Millions
(DBN)

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Finance:

Make Whole Provisions: the Need to Aggressively Walk Back Aggressive Collection Provisions
(DBN)

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Contempt:

9th Circuit denies Yellowstone Club founder Tim Blixseth's request to be released from jail
(DBN)

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Personal Bankruptcy:

What are a Debtor’s Obligations to accomplish surrender of Personal Property under 11 U.S.C. 1325 (a)(5)(C)?
(DBN)

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Brides:

Fort Lauderdale bridal shop files for bankruptcy
(DBN)

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Mass Torts:

General Motors Responsible for 90 Deaths, 163 Injuries Caused By Faulty Ignition Switch
(DBN)

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Fraud:

Creditors seek millions from Knoxville financial planner
(DBN)

Court: Trustee Can Recover Ponzi Investor's Principal And Profits
(DBN)

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Sovereigns:

Debt be not proud
(DBN)

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UK:

Tesco's Dunnhumby ends exclusive JV in US ahead of possible sale
(DBN)

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PIIGS:

Greece moves to sideline Varoufakis after reform talks fiasco Bank of France chief hints at relegating Greece's Yanis Varoufakis from discussions Change to Greek bailout negotiating team fuels market hopes Broke country's finance minister cracking under the pressure? Greek finance minister may lose influence Playing the Blame Game Over Greece The coming defaults of Greece Reuters poll: 40 percent chance Greece exits the euro zone - traders Does a default automatically mean a Grexit? Sure, Greece Can Default Without Leaving The Euro; But Will It Be Allowed to? Deal with Creditors or Face Disaster, Bankruptcy and the New Drachma Ifo Chief: Bankruptcy Is Better for Greece and Europe
(DBN)

Greece's prime minister just promised a referendum if his deal with Europe isn't good enough
(DBN)

Greece's Alexis Tsipras optimistic bailout deal will happen by May 9
(DBN)

The James Dean Movie That Explains the Greek Debt Negotiations
(DBN)

Court gives Brian O'Donnell more time to prepare case due to impending eviction from mansion
(DBN)

____________

Austria:

NordLB to sue for repayment bonds of Austria's defunct Hypo -CEO
(DBN)

Austria's Heta "bad bank" can be wound down in three to five years
(DBN)

Carinthia: Austria's own mini-Greece
(DBN)

____________

Cyprus:

ECB says aid review judgment on Cypriot insolvency law outstanding
(DBN)

____________

Russia:

Russian Cross-Border Bankruptcy: Enforcing Foreign Bankruptcy Court Judgments
(DBN)

Observing Bankruptcy Law: A Prerequisite for a Company's Success
(DBN)

Putin accuses 'quasi-partners' of counting on Russia collapse
(DBN)

____________

Nepal:

Economic Toll Expected to Be Massive
(DBN)

____________

China:

Here's the next big Chinese company in huge trouble
(DBN)

____________

Brazil:

Petrobras Fallout Pushes Even Untainted Borrowers Toward Default
(DBN)

Petrobras writedown may give new ammunition to class-action suit
(DBN)

Biggest Brazil Builder Freezes New Investments on Funding Fears
(DBN)

____________

Africa:

South Sudan needs new sources of revenue to avoid bankruptcy
(DBN)

____________

Mexico:

Mexico's Geo says creditors approve debt restructuring plan
(DBN)

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