August 28, 2015

The Daily Bankruptcy News

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Law:

Prosecution says improper Dewey adjustments boosted revenue by 10 percent, assets by 1,000 percent Dewey & LeBoeuf GC talks of pre-collapse crisis Dewey Prosecution Rests, but Defense Gets the Last Word Dewey & LeBoeuf's Ex-Chairman Wants Fraud Charges Dismissed
(DBN)

Lawyer Cubicles Are Coming to New York Pod spaces But they will at least have windows
(DBN)

Legal Technology Landscape Rocked By Contract Attorney Overtime Decision
(DBN)

Big Firm Burnout and the New Virtual Lawyers
(DBN)

Global Selloff Puts a Record Year for Dealmaking Under Threat
(DBN)

From the magic circle dream to 'a grim reality of being over-worked, under-valued and unhappy'
(DBN)

Are US law firms raiding London rivals to poach top qualifying talent?
(DBN)

City of London lawyers highlight chance of stalling in global recovery
(DBN)

Just How Accurate Are Am Law’s Rankings? After Clash, American Lawyer Posts Higher Profits for Dentons
(DBN)

Bad productivity habits most people don't bother correcting
(DBN)

Ex-partner accused of bilking her BigLaw firms acted as her husband 'coercively demanded,' lawyer says
(DBN)

‘New Law’ offers alternatives to lawyers fed up with long hours of BigLaw, report says BigLaw refugees turn to NewLaw firms for quality of life
(DBN)

Reinventing the Law Business: How to Train Associates — 2 Missing Ingredients
(DBN)

SmallLaw Mentors
(DBN)

Sole practitioners have undergone miserable existence for 30 years
(DBN)

The Future Of Law And Technology: An Interview With Bloomberg BNA’s David Perla
(DBN)

Speculation mounts as publicly-listed firm Slater + Gordon delays results
(DBN)

Firms up pay tables for junior London lawyers
(DBN)

Interview Horror Stories: What Was She Thinking — Er, Drinking?
(DBN)

Corporate legal departments are more likely than others to click on phishing emails, study finds
(DBN)

‘Chat is the New Email’
(DBN)

6 Useful Apps for Attorneys
(DBN)

The State of Dictation on the Mac and iOS
(DBN)

All of the things we're expecting to see at Apple's big event
(DBN)

"Ashley Madison is a site where tens of millions of men write mail, chat, and spend money for women who aren't there" No, We’re Not Going To Start Firing People Exposed By Ashley Madison
(DBN)

6th Circuit nixes stay for clerk appealing federal court order requiring her to perform marriages
(DBN)

Texas attorney general's lawyer is withdrawing from his defense, citing unspecified 'issues' Paxton Pleads Not Guilty, Is Looking for New Counsel
(DBN)

P--- emails cited by Pennsylvania AG are unsealed; she says senders 'manufactured' case against her
(DBN)

Here's the best way to tell if someone's lying, according to science
(DBN)

2015 list of Legal Rebels
(DBN)

People who work long hours are way more likely to suffer a stroke
(DBN)

Polygamists are using the Supreme Court's same-sex ruling to defend polygamy The Brown Family Files Briefs In Sisters Wives Case In Denver
(DBN)

Judge orders mom to repay son for keeping $5K bar mitzvah gift from grandma
(DBN)

Man Busted After His Dog Tests Positive For Meth
(DBN)

Virginia Gunman Threatened Colleagues, Played Race Card for Years
(DBN)

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Judges:

A Supreme Court Justice of Few Words, Many of Them Other People's
(DBN)

The Ninth Circuit Hearts John Oliver John Oliver's influence on American culture becomes clear after he finds his way into an appeals court opinion
(DBN)

Tantrum, defamatory email, harassment alleged in feud between judges
(DBN)

Former TV judge goes to jail: Contempt term went from 1 day to 5 days as Joe Brown kept talking
(DBN)

Ethics panel backs judges' letters asking lawyers to consider community service
(DBN)

Is This Adversary Procedure? "Dr." Posner's Potent Prescription
(DBN)

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Wall Street:

Stocks set for lower open after roller coaster week Drop in Stock Futures Signal Halt to S&P 500's Relief Rally
(DBN)

Stocks climbing strongest ‘wall of worry’ in 5 years
(DBN)

Wild week for markets set to end with whimper
(DBN)

While Many Panicked, Japanese Day Trader Made $34 Million
(DBN)

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Layoffs:

Massive Mojave mine Molycorp to close, taking nearly 500 jobs
(DBN)

GTAT cuts workforce by another 40 percent
(DBN)

Bank cuts 280 positions in Center City
(DBN)

Americans’ Satisfaction With Job Aspects Up From 2005
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Aviation:

SkyGreece president calls bankruptcy rumor ‘bunch of BS’ Unpaid Landing Fees the Cause of SkyGreece Delays, Only Official Statement from Airline Thus Far: “Bankruptcy is a Bunch of BS” SkyGreece ceases operations after grounding flights, stranding passengers
(DBN)

Will Republic Airways File For Bankruptcy ? Shares Plunge
(DBN)

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Coal:

The crumbling of Big Coal: Appalachia reels as an industry meets its demise
(DBN)

Appalachian coal country wants Republican nod for federal aid
(DBN)

Here's What's Fueling Peabody Energy Corporation's 40% Surge
(DBN)

Peabody's secondary loan pricing steady despite restructuring reports
(DBN)

Peabody Energy Corporation: How The Company Intends To Restructure Its Debt Amid Weak Coal Prices
(DBN)

US met coal miner Walter seeks $1.9 billion debt equity swap
(DBN)

Patriot Coal's unsecured creditors fear mine workers may strike
(DBN)

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Economy:

US second-quarter GDP growth revised sharply higher to 3.7 percent GDP revision depicts a far stronger U.S. economy
(DBN)

Claims for Jobless Benefits in U.S. Fall to Three-Week Low
(DBN)

El-Erian: Fed Will Wait Until December for Rate Hike
(DBN)

US economy can handle a rate hike: BlackRock
(DBN)

A dangerously misleading idea threatens to derail the American economy
(DBN)

Consumer Spending Rebounds After Weak First Quarter
(DBN)

Rogoff Has Warned About Chinese Economy for Years
(DBN)

10 most expensive places to raise a family in the U.S.
(DBN)

Higher food prices don't hurt everyone equally
(DBN)

Here's what you need to earn to be in the top 1% in 13 major US cities
(DBN)

Moody's is chopping global growth expectations because of China
(DBN)

US Debt Clock
(DBN

Economic Indicators Dashboard
(DBN)

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Real Estate:

Housing market is set for the 'mother of all corrections'?
(DBN)

Here’s what top housing economists think about pending home sales today
(DBN)

Pending Home Sales Up Just 0.5% In July On Short Supply
(DBN)

Share of in-foreclosure sales hits 15-year low
(DBN)

August Wilson Center board announces two new members, $300,000 in funding and new programming
(DBN)

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Municipalities:

Puerto Rico Spends More Than $60 Million on Debt Restructuring
(DBN)

NY Fed President: Congress Should Let Puerto Rico Restructure Debt
(DBN)

Puerto Rico bondholders coalition launched
(DBN)

Investors Are Worrying About Puerto Rico's Debts While Puerto Rican-American Citizens Are Dying Due to Lack of Decent Health Care
(DBN)

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Politics:

Voters described presidential candidates with one word — and the results were brutal
(DBN)

When rosy results were trumped up for the Donald’s casinos There's Evidence That Trump's Polling Support Is Overstated Donald Trump ripped the Bush dynasty 33 times in a 35-minute interview Republicans stay mostly silent in face of Trump’s bigotry and misogyny The havoc that Trump wreaks — on his own party Welcome to Trumpmerica Donald Trump is Just Like Henry Ford Trump numbers soar as he attacks public figures Trump's lean campaign structure breaks the mold Donald Trump is making fools of his fans Trump: I’m OK with raising taxes on myself Univision's CEO just ripped into Donald Trump Trump and the Problem of Passionate Politics Here's who can stop Trump
(DBN)

Christie: Obama has made inequality worse than ever
(DBN)

Perry Emerges as the GOP's Voice of Reason
(DBN)

Everyone's obsessed with 'anchor babies' — here are the facts
(DBN)

FactCheck: Cruz's claims about cemetery crosses
(DBN)

The questions candidates should be asked in the next GOP debate
(DBN)

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Personal Finance:

15 things you shouldn't waste your money on
(DBN)

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Oil/Gas:

Fri.: Oil falls, still eyes weekly gain after prior day's leap
(DBN)

Oil prices surge 7%, US crude rises above $41 Oil soars 10% for biggest 1-day rise since 2009
(DBN)

Why Saudi Arabia Won’t Cut Oil Production
(DBN)

Slide in Kansas oil industry continues to stress producers
(DBN)

Oil & Gas issues push S&P U.S. distress ratio to 4-year high
(DBN)

Sefton Resources moves to fight bankruptcy case
(DBN)

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Retailing:

Filene’s Basement to return as online retailer
(DBN)

Jackalope purchased at foreclosure auction for $4.6 million
(DBN)

____________

Healthcare:

Alta Healthcare District ends bankruptcy
(DBN)

AC Nursing Center real estate posted for foreclosure
(DBN)

With nursing home sale close, TLC Health extends layoff notice
(DBN)

Children's Hospital's July losses down, but still heavy
(DBN)

9 recent hospital bankruptcies, closures
(DBN)

____________

Alternative Energy:

Why the Solyndra mistake is still important to remember
(DBN)

____________

Taxis:

The Struggles of New York City’s Taxi King
(DBN)

____________

Debt Collection:

Collection Complaints Top CFPB s List
(DBN)

____________

Distressed Investing:

Jefferies Distressed-Debt Loss Said to Near $100 Million in 2015
(DBN)

____________

Celebs:

Teresa Giudice: Why Doesn't Anyone Want To Buy Her & Joe's Beach House?
(DBN)

____________

Video Games:

38 Studios battle racking up money for lawyers
(DBN)

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Gambling:

Caesars Bondholders Denied Quick Ruling on $7 Billion Pledge
(DBN)

Ruling Paves Way for Trial on Caesars Creditor Lawsuit - Issue: Whether asset-shuffling deals harmed holders of billions of dollars in bond debt
(DBN)

AFL-CIO urges boycott of Icahn casinos in Atlantic City
(DBN)

Judge blocks union from beaming messages onto Icahn casinos
(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 (29 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (29 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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Miscellaneous:

Lookback Period: Eight Weeks (Part 2)
(DBN)

Lookback Period: Eight Weeks (Part 3)
(DBN)

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Marijuana:

Growing Medical Marijuana, Problematic in Bankruptcy, and Out
(DBN)

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TBTF:

Trial in $40 Billion Lawsuit Against AIG Bailout Begins
(DBN)

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Recent Pleadings:

Not So Fast . . . Debtor Accuses Committee Of "Ambush Litigation" Through Waiver Of Rule Requiring Disclosure Of Professionals Hired By Court-Approved Professionals Original Objection
(DBN)

Asarco Redux: UST Fights Professionals' Efforts To Contract Around Asarco
(DBN)

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Litigation:

Lawmakers Taking Closer Look at Litigation Funding
(DBN)

How trials are more like plot-driven movies than character-driven novels
(DBN)

____________

Finance:

High yield bond prices fall to 2015 low; California Resources leads decliners
(DBN)

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Resorts:

Baha Mar files Chapter 11 'viable framework' reorganization plan in Delaware
(DBN)

Bahamas credit rating downgraded in wake of resort bankruptcy
(DBN)

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Consultants:

EPIQ Systems Downgraded to “Sell”
(DBN)

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Electricity:

Massive Bankruptcy Tests Texas Utility Regulators
(DBN)

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Movies:

Russian Film Distributor West Goes Bankrupt
(DBN)

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Mining:

Mining lawyers could be hit by stock market downturns
(DBN)

China's Shrinking Copper Appetite is Killing US Jobs
(DBN)

____________

Food/Beverage:

The Case of the Missing Bodybuilding Shake Ingredients
(DBN)

____________

Fraud:

The Bernie Madoff movie is getting closer to happening Michelle Pfeiffer to play Bernie Madoff's wife, Ruth
(DBN)

____________

Environmental:

Judge moves toward approval of Freedom bankruptcy plan
(DBN)

____________

Sovereigns:

Weil Advises on High Profile Ukrainian Sovereign Debt Restructure
(DBN)

Ukraine's bondholders jump at debt restructuring deal
(DBN)

Ukraine has not approached Russia over debt restructuring
(DBN)

____________

UK:

Brazil, bribes and backward tracing – only in Jersey
(DBN)

Former Tesco CEO Clarke Said to Face Questioning by Prosecutors
(DBN)

____________

PIIGS:

Greece's top Supreme Court judge named caretaker PM New Study Forecasts Increase in Greek Insolvencies in 2015 and 2016
(DBN)

____________

Canada:

The oil crash just spilled into Canada's broader economy
(DBN)

Ford City Warns of Bankruptcy in EDA Letter
(DBN)

____________

China:

Xi just changed the rules of the game in China — and that makes things scarier for everyone
(DBN)

Chinese stocks surge with Beijing suspected
(DBN)

____________

Latin America:

“Hot Money” Flees Latin America, Triggers Currency Bloodbath, Risk of Mega Debt Crisis
(DBN)

____________

Russia:

Russia c.bank puts top-60 bank Investtorgbank under temporary administration
(DBN)

____________

Brazil:

Petrobras Rises 9% Along With Oil, Scoffs At Bankruptcy
(DBN)

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