August 20, 2015

The Daily Bankruptcy News

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Law:

Are Lawyers Getting Dumber?
(DBN)

Is Big Law Kinder Than Amazon?
(DBN)

Wachtell Lipton Goes ‘Big Brother’ On Its Lawyers
(DBN)

Associates Challenge Biglaw Management — We Have The Memo!
(DBN)

Mayer Brown struggles to retain first years in London
(DBN)

What are the Right Metrics for Law Firm Success?
(DBN)

Ashley Madison Owner Taps Am Law Firms Amid Massive Hack Who Are The Lawyers, Law Profs, And Judges That Were Revealed In The Ashley Madison Hack? Hundreds of email addresses in Ashley Madison data dump are in big banks’ domains The Ashley Madison hack may have exposed information connected to 15,000 government and military email addresses There's an easy way to see if you've been affected by the Ashley Madison leak and previous massive hacks
(DBN)

Disbarment sought for 3 lawyers who ‘maliciously’ set up opposing counsel for midtrial DUI arrest
(DBN)

Cooley law dean offers explanation for enrollment decline, sees possible turnaround
(DBN)

Cumulative Percent Decline In LSAT By State
(DBN)

More LSAC Hi-jinks
(DBN)

Law Prof's Last Lecture: Unsolicited Advice for Future and Current Lawyers
(DBN)

Fox Rothschild MP: Not Convinced Overseas Offices Make Money
(DBN)

UK: Legal profession keeps growing like Topsy - up 18% over five years, bit is the party ending?
(DBN)

Could Librarians Lead Strategic Law Firm Practice Growth?
(DBN)

Legal profession moves en masse into app design
(DBN)

Old Lady Lawyer: The Battle Of The Ages
(DBN)

Corporations Are People, Now They Can Lie
(DBN)

New details about the upcoming super-sized iPad You might need a stylus to use the next iPad’s best feature
(DBN)

Windows 10 will let you turn a laptop on with your voice
(DBN)

This new LinkedIn app makes it easier to look up your coworkers
(DBN)

Robots coming to take our jobs, including lawyers
(DBN)

Man stops robber packing foot-long knife by chasing him with a sword
(DBN)

Reports from the NFL's settlement hearing with Tom Brady are out, and it sounds like the NFL got crushed
(DBN)

Cops Indicted For Murder Of Gregory Towns
(DBN)

Why People Will Continue To Be Eager To Enter Amazon’s Dark Jungle
(DBN)

Wrong man arrested on ‘troubling’ reality TV show has no civil rights case, 7th Circuit rules
(DBN)

Biglaw Trainee Strangled To Death In Her Home
(DBN)

Man charged with trying to halt plane he missed by chasing it on foot on the tarmac
(DBN)

Email secrecy claim by Pennsylvania’s AG appears at odds with newly released document
(DBN)

Personal injury lawyer storms off soccer field to head-butt spectator
(DBN)

Driver throws away parking fine - gets a second fine for littering
(DBN)

Lawyer accused of hypnotizing women gives up license
(DBN)

Music giant was run by its lawyers, according to leaked tape
(DBN)

Inmates say they worked for free for jail officials
(DBN)

Former Schulte Lawyer Dishes on Big Law Life in Debut Novel
(DBN)

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Judges:

A Delicious Judicial Diva: Donald Trump’s Older Sister, Judge Maryanne Trump Barry
(DBN)

Judge who helped smoking buddy get out of jail in domestic violence case is reprimanded
(DBN)

Clerk Alleges Judge Sexually Harassed Her, Has Stained Dress To Prove It
(DBN)

Looking at the Most Influential Writers Before the U.S. Supreme Court
(DBN)

Ex-Judge Suspended From Practice of Law Over Cocaine Theft
(DBN)

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Wall Street:

Stock futures point to 3rd day in the red
(DBN)

U.S. Stocks Slide
(DBN)

Growth fears hit stocks, oil, emerging markets
(DBN)

Outside the U.S., a silent crash is already underway 8 Signs Global Market Crash is Near
(DBN)

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Layoffs:

NetApp posts loss, to cut 500 jobs
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Food/Beverage:

A&P 'burning cash' in bankruptcy process
(DBN)

Bankruptcy Court hearing on labor contract provisions between A&P, unions put on hold
(DBN)

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Collectibles:

Stories of Weird Bankruptcy: The Trial of the Alabaster Medallion
(DBN)

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Student Debt:

Do Student Loan Borrowers Opportunistically Default? Evidence from Bankruptcy Reform
(DBN)

Fed: The Impact of Student Loan Debt on Small Business Formation
(DBN)

Obama administration plans to overhaul rules on student debt forgiveness
(DBN)

Why candidates' student loan fixes would be bad policy
(DBN)

5 Things About Grad-School Debt
(DBN)

Borrowing For College Set To Hit 5-Year Low
(DBN)

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Weather:

Report: Groundwater Pumping in California Has Land Sinking
(DBN)

Drought-stricken California farmers can look forward to floods. Then drought. Then floods.
(DBN)

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Retailing:

Target's quarterly sales outlook disappoints; shares dip Things are about to get more difficult for Target New Target COO's headache: Too few goods to keep shelves filled
(DBN)

American Eagle's comparable sales forecast disappoints
(DBN)

Sears posts quarterly profit on property sale
(DBN)

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Movies:

Relativity Lenders Ask Bankruptcy Court To Block Residuals Payments For Now Relativity Bankruptcy: Financier Wants Cap on Residuals, Profit Participation
(DBN)

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Telecoms:

How Sprint's Latest Moves Can Accelerate The Path To Bankruptcy
(DBN)

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Corporate Reform:

J.P. Morgan Chase said to be near $150 million SEC settlement
(DBN)

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Marinas:

Marina owner files injunction, bankruptcy Pier 36 owner files injunction, bankruptcy
(DBN)

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Education:

U.S. Clamps Down on College Fraud as Students Clamor for Relief
(DBN)

Personal records left behind at defunct charter school
(DBN)

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Skiing:

Landlords out to “destroy” Willard Mountain, longtime owner says
(DBN)

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Economy:

Inflation in America is all about one thing
(DBN)

Fed: First rate hike 'approaching' Fed policy makers see hike conditions as close to met Fed-watch: The great rate debate rages on Odds of Sept rate hike decline after minutes More embarrassment for Fed as minutes of July meeting released early
(DBN)

Fed's Kocherlakota floats increase in US inflation target
(DBN)

Fed's Williams: raising rates to pop housing bubbles 'very costly'
(DBN)

Chair Yellen, please take your victory lap!
(DBN)

The evidence doesn't back Bernanke on QE, St. Louis Fed paper says
(DBN)

Seniors, Not Millennials, Are Creating New Households
(DBN)

Fewer Young People Seek Jobs
(DBN)

Why Job Growth May Not Be as Bad as You Think (If You Went to College)
(DBN)

America’s falling fertility rate explained in four charts
(DBN)

The 5 worst cities for small-business owners
(DBN)

Tale of the Red Tape: $22 Billion in Savings from Cutting Ridiculous Regulations
(DBN)

US Debt Clock
(DBN

Economic Indicators Dashboard
(DBN)

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Real Estate:

Mortgage applications up in latest week : MBA
(DBN)

US housing costs continue to soar, CPI shows
(DBN)

RealtyTrac: Foreclosure filings up 7% in July
(DBN)

5 States Where Foreclosures Heated Up in July
(DBN)

US housing regulator targets more support for poor borrowers
(DBN)

Experts are worried about another housing crash in Miami
(DBN)

The CEOs of Fannie and Freddie deserve a raise
(DBN)

The largest single-building transaction in New York City history just closed at $2.6 billion
(DBN)

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Municipalities:

Detroit Sells First Municipal Bonds Since Emerging From Bankruptcy Detroit Disciplined in Return to Bond Market After Bankruptcy
(DBN)

Judge Spares Flint, MI Residents From Water Shutoffs -- But May Push City To Brink Of Bankruptcy
(DBN)

Our responsibility to help rescue Puerto Rico: New York City was in a similar spot in the 1970s
(DBN)

Vero Beach May Need to Consider Bankruptcy
(DBN)

US Cities Where Construction is Booming
(DBN)

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Aviation:

Airfares Fall By The Most In Nearly Two Decades
(DBN)

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Oil/Gas:

Thurs.: Crude oil keeps sliding, nears $40 a barrel
(DBN)

Weds.: There goes crude oil again ... Oil ends at lowest level since 2009 as supplies climb Energy shares walloped as oil inventories seen rising Rising inventories knock U.S. oil below $41 per barrel
(DBN)

World drowns in oil as producers slug it out
(DBN)

Oil's slump will end in panic liquidation: Gartman
(DBN)

A Funny Thing Happened on the Way to $80 Oil
(DBN)

Citigroup report: Worries of $33 oil leaving markets “nervy”
(DBN)

Oil Prices Must Rebound. Here’s Why
(DBN)

Adding color to the balance sheet picture for oil and gas E&P firms
(DBN)

Oil Companies Sit on Hands at Auction for Leases
(DBN)

Halliburton layoffs on the Western Slope
(DBN)

CFO leaves struggling Goodrich Petroleum
(DBN)

Shell's 6,500 layoffs hit New Orleans as oil prices dive
(DBN)

Some see natural gas drillers as next buyers of battered oil fields
(DBN)

Bust in oil prices trigger mergers and acquisitions
(DBN)

Obama’s methane limits seen wiping out the marginal driller
(DBN)

Short These Oil and Gas companies. They are going to zero
(DBN)

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Politics:

Hillary Clinton had a testy press conference filled with questions about her email server IT firm hired by Hillary Clinton: ‘We would never have taken it on’ if we knew of the ensuing chaos Clinton's lawyer says her email server was wiped clean
(DBN)

Bush family donors gave half of Jeb Bush's presidential cash
(DBN)

Donald Trump and other GOP candidates want to radically alter a 150-year-old cornerstone of American citizenship Birthright citizenship: a history of futile conservative attempts to repeal law Does Constitution allow ban on birthright citizenship? Trump Is Forcing GOP Candidates Into an Immigration War Nobody Wants Trump Flunks Immigration Bill O'Reilly confronts Donald Trump on immigration Is Donald Trump an American Putin? Trump's $1 Land Deal with a Corrupt Mayor Trump's stock rises in political prediction markets Let's watch Donald Trump talk about Citizen Kane Donald Trump has emerged as the anger translator for the entire Republican cadre of presidential hopefuls Trump on polls: 'Only thing constant is Trump' Is Fear of Losing to a Woman the Root of Trump's Misogyny?
(DBN)

Jeb Bush has finally decided to firebomb Donald Trump
(DBN)

Perry Wants to Deconstruct the Federal Gov't.
(DBN)

Kasich: If I were king, I'd ban teachers' lounges so they can't complain
(DBN)

GOP Spending Money at Record Clip
(DBN)

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Coal:

Patriot Coal Approved to Poll Creditors on Chapter 11 Plan
(DBN)

Bankrupt Patriot Coal Finds Angel in Former Foe With a Tree Plan
(DBN)

With bankruptcy looming, Arch Coal up 46.6% on possible debt-swap compromise
(DBN)

Troubles With America’s First Clean Coal Plant Put Mississippi Power ‘on the Brink of Bankruptcy ’
(DBN)

Dominion Resources Black Warrior Trust Announces Updated Information on Walter Energy, Inc. Bankruptcy Proceedings
(DBN)

George Soros is Investing Millions in Coal
(DBN)

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Privacy:

7 things we've learned from the Ashley Madison leak
(DBN)

Are Ashley Madison users at risk of blackmail?
(DBN)

90,000 people paid Ashley Madison for its allegedly bogus 'full delete' service
(DBN)

Divorce lawyers expect surge in clients after hackers dump data from Ashley Madison dating site
(DBN)

Josh Duggar an Ashley Madison Member?
(DBN)

5 Ways To Deal With Your Ashley Madison Problem
(DBN)

____________

Lehman:

Lehman Brothers, the judicial gift that keeps on giving…..
(DBN)

Dick Fuld’s Sun Valley Estate Could Be Yours for $30 Million Fuld’s Sun Valley Estate Auction Postponed for Four Weeks
(DBN)

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Parking:

Boomerang Systems, Inc. Announces Voluntary Chapter 11 to Restructure its Balance Sheet and Secure New Financing
(DBN)

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Healthcare:

Barnabas Health hopes to buy bankrupt competitor hospital
(DBN)

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Festivals:

Could SFX go bankrupt?
(DBN)

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Mining:

How Oaktree Wound Up Pouring More Money Into Failing Molycorp
(DBN)

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New Bankruptcy Opinions
(9 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (16 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (49 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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Involuntary Bankruptcy:

Dueling venues and the (almost) futility of involuntary bankruptcy
(DBN)

Landlords Are Entitled To Priority Treatment of Lease Payments Which First Come Due During the Gap Period of an Involuntary Bankruptcy
(DBN)

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Unclaimed Funds:

Are You Owed Money From a Decades-Old Bankruptcy Case?
(DBN)

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Mootness:

Tribune survives Aurelius court challenge to bankruptcy plan The Opinion
(DBN)

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Unexpired Leases:

Nonresidential Leases: What Does It Take To Avoid Deemed Rejection?
(DBN)

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Plan Confirmation:

Claim Purchasing as a Strategy to Avoid a Cramdown
(DBN)

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Avoidance Actions:

Ninth Circuit Holds that Absolute Waiver of Subrogation Rights Insulates Insider-Guarantor from Preference Exposure
(DBN)

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Investigations:

Firm that vetted Snowden reaches $30 mln settlement with US
(DBN)

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Environmental:

Mississippi Phosphates pleads guilty in pollution case
(DBN)

Last official charged in chemical spill pleads guilty
(DBN)

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Fraud:

It is done, says MF Global trustee Judge Paves Way for Nearly Full Recoveries for MF Global Brokerage Creditors
(DBN)

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Watches:

Nobody is buying Swiss watches anymore apart from the 'astonishing' French
(DBN)

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Currency:

Bitcoin exchange CEO to face new criminal allegations
(DBN)

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Labor:

Why McDonald's Could Suddenly Be Responsible for Millions of New Employees
(DBN)

Feds Bust Trucking Firm for 1099 Workers
(DBN)

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Electricity:

To stave off bankruptcy , PSC grants rate hike to Mississippi Power
(DBN)

Justice Department moves to block Energy Future restructuring
(DBN)

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Banking:

Fourth Circuit Affirms Dismissal of All Claims Against Failed Bank’s Directors, Revives Negligence Claims Against Bank’s Officers
(DBN)

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UK:

Co-op Bank tripled its net loss – and it looks like the pain is going to continue
(DBN)

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EU:

New personal insolvency laws cover (almost) all of Europe
(DBN)

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PIIGS:

NPL innovation – examples from Italy
(DBN)

Greece receives bailout cash, repays €3.4 billion to ECB: reports A Way of Life Drowned by Greece's Crisis
(DBN)

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Canada:

Canada is 'getting clocked' by something far bigger than oil
(DBN)

Company behind canceled Jon Bon Jovi concert declares bankruptcy
(DBN)

US Steel restructuring process won’t be fractured
(DBN)

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China:

It wasn't 'dumb money' – the rich gambled away the most cash in the China share collapse
(DBN)

Asian lenders see loan books rapidly deteriorate over Chinese slowdown
(DBN)

China injects nearly US$100 bil into banks for economy lift; stocks reverse loss
(DBN)

Fed Turns Wary Eye to China as Liftoff Looms
(DBN)

These are the western luxury brands most exposed to China's economic troubles
(DBN)

Citi: China could lower its growth target for 2016 to just 6%
(DBN)

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Russia:

Putin's Economy May Be in Even Worse Shape Than It Looks Putin resorts to USSR tactics to hide unemployment Russia Rewrites Growth Blueprint as Recession Dooms Consumer
(DBN)

Russian police break up 'contraband cheese' gang Cheese It: It's Russia's Calamari Cops
(DBN)

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Australia:

Qantas is about to announce the biggest turnaround in Australian corporate history
(DBN)

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Brazil:

Brazil economic activity falls more than expected in June
(DBN)

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Venezuela:

Cash-strapped Venezuela may sell off gold, Citigroup says
(DBN)

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Asia:

Ghosts of 1997 financial crisis return to haunt Asia
(DBN)

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Kazakhstan:

Kazakhstan's currency just lost a quarter of its value overnight
(DBN)

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Netherlands:

Royal Imtech bankruptcy threatens 500 Netherlands businesses
(DBN)

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Nigeria:

Insolvency & Restructuring In Nigeria
(DBN)

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Lithuania:

Lithuania's retail chain Fresh Market is subject to bankruptcy
(DBN)

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Venezuela:

Sagging oil prices have Venezuela virtually bankrupt
(DBN)

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