August 5, 2015

The Daily Bankruptcy News

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Law:

Malpractice lawsuit against Mayer Brown involves $1.5 billion mistake Creditors Blame Mayer Brown for $1.5B Gaffe
(DBN)

Law Firms Use More ‘Flexi’ Lawyers
(DBN)

Firm Partnership Ranks at K&L Gates Being Trimmed
(DBN)

Which Biglaw Firms Promote The Most (And Least) To Partnership?
(DBN)

The Right And Wrong Reasons To Form A Partnership
(DBN)

Beyond Biglaw: 3 Distasteful Lawyerly Traits
(DBN)

An Interview with Mark Cuban on Cyber Dust (for Lawyers)
(DBN)

Law schools should refine debt counseling and cut education costs, says report adopted by ABA House
(DBN)

Former Law Student's Loan Debt Not Dischargeable in Bankruptcy, Court Says
(DBN)

Judge Blocks Layoff of Tenured Law Professor
(DBN)

Florida Coastal Law School Knows How To Play Hard Ball
(DBN)

JD DISadvantage Job
(DBN)

The Road Not Taken: There Be Dragons Here
(DBN)

6 tips for convincing your boss to let you work from home
(DBN)

4 signs you need to stop working so hard
(DBN)

Psychologists discovered a weird trick to gaining people's trust
(DBN)

The Evolution Of Online Legal Research Tools
(DBN)

I haven't opened my Macbook since Windows 10 came out
(DBN)

Here's why you should never handle confrontations at work using email
(DBN)

US judge rejects settlement involving American Express over 'burn after reading' emails Rejected $79M AmEx settlement was ‘fatally tainted’ by lawyer’s conduct, judge rules
(DBN)

Felony Charges Could Cost TX AG's Law License
(DBN)

Georgia Seeks to Block Publication Of Its Laws - Copyrighted?
(DBN)

Unlike other suspects, Texas AG appears in his booking photo in a business suit
(DBN)

Suit claims painful shackling of school kids with ADHD violates Constitution and disability law
(DBN)

Sandra Bland's Family Sues Everybody
(DBN)

Former worker sues Safeway, says it did not stop customer’s harassment
(DBN)

No Moral Turpitude, No Suspension, For Felony Hit-And-Run
(DBN)

Yes, Someone Would Stoop This Low To Try To Avoid Getting A Speeding Ticket
(DBN)

Lawyer with a ‘hoarder tendency’ opens antique store with law office in back
(DBN)

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Judges:

Invitation for Public Comment on the Reappointment of U.S. Bankruptcy Judge Peter H. Carroll
(DBN)

Judge tells defendant he would do society a favor by killing himself Calls Defendant ‘Almost Worthless’
(DBN)

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Wall Street:

Stock futures tick higher
(DBN)

Stocks Fall, Apple Slammed
(DBN)

Apple stock implosion shreds $113.4B Bank of America downgrades Apple
(DBN)

Today's stock-market bubble is bigger than the dot-com boom
(DBN)

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Layoffs:

 

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Coal:

Bankruptcies and Regulation — A One-Two Punch for Coal Producers
(DBN)

Big Coal Disses Obama's Clean-Power Plan Coal States Pledge Massive Resistance to Obama Climate Rules The Winners and Losers of Clean Energy
(DBN)

Patriot Coal Seeks Approval of Backstop Commitment Agreements & Rights Offering Procedures
(DBN)

ISDA: Alpha Appalachia Holdings, Inc. Bankruptcy Credit Event
(DBN)

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Celebs:

50 Cent Bankruptcy : By The Numbers Inside the mansion 50 Cent spends $72K/month to run In 50 Cent's Bankruptcy Filing He Says He Has $10 Million In The Bank 50 Cent’s Bankruptcy Statement Includes 7 Cars Valued at Half Mil Bankrupt 50 Cent court documents reveal how his $25m vanished 50 Cent admits he spends $108,000 per month on things like grooming, gardening and clothing
(DBN)

9th Circuit sanctions Blixseth, attorney for frivolous appeal
(DBN)

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Debt Collection:

Collection Envelope Rulings Send Mixed Messages
(DBN)

Courts Rule No FDCPA Violations in Separate Cases
(DBN)

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Education:

Judge Limits Discovery in Trump RICO Case
(DBN)

How the US government may be partly to blame for skyrocketing tuition
(DBN)

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Compensation:

Companies may face new disclosures about CEO pay
(DBN)

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Movies:

Defiant Ryan Kavanaugh on Relativity Mess: 'I Will Win'
(DBN)

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Credit Counseling:

FTC bans 4 former credit repair executives from the industry
(DBN)

____________

Pensions:

GE Saved Billions Slashing Retirees' Benefits
(DBN)

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Building Materials:

Lumber Liquidators is crashing
(DBN)

____________

Personal Finance:

8 items you should never buy used
(DBN)

____________


Economy:

Fed's Lockhart: September hike if no weakness
(DBN)

A warmup act for Friday's job number
(DBN)

Global Economic Growth to Slow
(DBN)

Black Unemployment Falls Below 10%, Still Twice the Rate for Whites
(DBN)

The economies of all 50 US states and DC from worst to best
(DBN)

New ‘gig’ economy spells end to lifetime careers
(DBN)

Only one commodity has escaped the total collapse in prices
(DBN)

US Debt Clock
(DBN

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

Home prices rose an amazing 6.5% annually in June
(DBN)

Mortgage applications rose 4.7%, led by refinancing
(DBN)

Expect things to get worse for Ocwen
(DBN)

MERS wins big once more in Federal Court of Appeals
(DBN)

Freddie Mac net income soars 700% to $4.2 billion
(DBN)

Developers accuse local bank of civil RICO charges in lawsuit
(DBN)

Why the Texas housing market is on fire despite oil price declines
(DBN)

Georgia island retreat files bankruptcy, property owners claim 'mismanagement and malfeasance'
(DBN)

____________

Municipalities:

Picking a Judge to Preside over a Municipal Bankruptcy
(DBN)

Puerto Rico has triggered the biggest municipal default in US history
(DBN)

Puerto Rico Looks to Washington for Help White House: Puerto Rico needs orderly process to restructure Can Washington Fix Puerto Rico's Mounting Debt Crisis?
(DBN)

Puerto Rico investors could try to force payment on bonds -filing
(DBN)

Hedge Funds to Puerto Rico: Close Your Schools and Pay Us
(DBN)

Here's why Puerto Rico's broke
(DBN)

Puerto Rico Debt Crisis: A Bond Guide as Potential Defaults Loom
(DBN)

What Will A Puerto Rican Default Mean For Its Bondholders?
(DBN)

A UBS branch manager in Puerto Rico tried to warn officials about bad loans
(DBN)

The Governor Who Has Figured Out How to Fix Bridges and Pensions
(DBN)

Orange County moves closer out of bankruptcy
(DBN)

____________

Gambling:

Caesars creditors would control proposed real estate trust Caesars Newly Amended Restructuring Support Agreement
(DBN)

Judge to Weigh Caesars Appeal at End of September
(DBN)

Caesars Turns Profit in Q2, Catches Bankruptcy Break Caesars Margin Climbs as Revenue Rises, Marketing Costs Slashed
(DBN)

____________

Student Debt:

Are Big Changes Coming to Student Loan Bankruptcy Rules?
(DBN)

Citibank investigated over student loan servicing
(DBN)

How to get your student loans forgiven
(DBN)

Why many have student debt regrets
(DBN)

____________

Politics:

Donald Trump: Shut Down the Government to Defund Planned Parenthood Donald Trump Dominates Republican Field in Pre-Debate Bloomberg Poll Donald Trump had a brilliant response to Gawker giving out his cellphone number Pushing Policy in the Age of The Donald This one map shows how obsessed America is with Donald Trump Economists: Trump's latest boast about jobs and China is ‘completely implausible' Donald Trump has mesmerized the GOP
(DBN)

Fox lineup: Rick Perry out, Chris Christie in
(DBN)

How Jeb Bush Spent His Years on Wall Street
(DBN)

FBI looking into the security of Hillary Clinton’s private e-mail setup
(DBN)

Hillary's Mega-Donors are Bush's Too
(DBN)

____________

Oil/Gas:

US Oil Production Finally Starting to Decline
(DBN)

Global Oil Product Demand Is 'Very Strong': Neste CFO
(DBN)

Oil Prices Are Set to Recover: Lundin's Heppenstall
(DBN)

Study: Crude Prices On Track To Fall Further
(DBN)

Dune Energy sells off Texas, Louisiana oil fields for $19 million
(DBN)

MRC Global cuts more jobs as profits dip
(DBN)

Targa Resources profit falls more than half
(DBN)

Plains All American profit down by more than half
(DBN)

Nabors posts $37 million loss as rig demand declines
(DBN)

NRG stock drops sharply after earnings loss
(DBN)

Oil and gas equipment makers had a better June, but business is still down 40 percent
(DBN)

7 Oil Companies Near Bankruptcy
(DBN)

Moody’s expects more oil companies to default as banks restrict lending
(DBN)

Why Traders Are So Bearish on Crude Oil
(DBN)

Oil prices won't bounce back until 2017
(DBN)

Samson Resources close to filing for bankruptcy protection
(DBN)

____________

Religion:

Claims against Twin Cities archdiocese pour in from sex abuse victims, former priests, employees
(DBN)

Archdiocese settles sexual abuse claims for $21 million 330 to Share $21 Million in Abuse Settlement Questions and answers about the archdiocese abuse settlement Interim archbishop: Flood of abuse claims is 'staggering'
(DBN)

____________

Resorts:

Baha Mar Given Leave To Appeal Bahamian Bankruptcy Ruling
(DBN)

____________

 


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 (18 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (6 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)

______________

Mootness:

Equitable Mootness In The Third Circuit: Dead Or Alive?
(DBN)

____________

Government Contracts:

Preserving Value for Government Contractors in Bankruptcy
(DBN)

____________

Default Interest:

The Cure: Eleventh Circuit Entitles Lender to Default-Rate Interest
(DBN)

____________

Avoidance Actions:

In a Case of First Impression at the Circuit Level, Ninth Circuit Holds an Insider Who Waives his Right to Indemnification from the Debtor is not a “Creditor” for Purposes of Preferential Transfers Under Sec. 547 of the Bankruptcy Code
(DBN)

____________

Litigation:

FRCP amendments could be e-discovery game changer
(DBN)

____________

Aviation:

Skymark Creditors Reject Delta, Opt for Funding Plan Backed by ANA
(DBN)

Here's why flights to New York City are delayed so often
(DBN)

Simple etiquette rules to remember the next time you fly
(DBN)

The lies people tell to get an upgrade to first class
(DBN)

The best (and worst) frequent-flier programs
(DBN)

____________

 

Shipping:

Alix Partners On The Container Shipping Industry: "Minimal improvements in the carriers' ability to stave off bankruptcy"
(DBN)

____________

Mining:

Default Rate for U.S. Mining Companies Jumps to Highest in Five-Plus Years
(DBN)

____________

Food/Beverages:

Under financial water, Nirvana put on auction block
(DBN)

____________

Autos:

New York bankruptcy judge limits claims brought against GM over ignition switch
(DBN)

____________

Retailing:

A troubling sign that Sears is close to death
(DBN)

Can Lawsuit-Laden American Apparel Skirt Bankruptcy ?
(DBN)

____________

Television:

Millennials aren't getting cable because they can't afford it
(DBN)

____________

Theme Parks:

Trustees of Conneaut Lake Park want to sell off parts of its valuable 300-acre property
(DBN)

____________

Healthcare:

EPCH physicians fear uncertainty in bankruptcy hearings
(DBN)

CA: Medicare readmission penalties bleed cash from San Diego hospitals
(DBN)

____________

Software:

Trustee wants Bellue's son to manage Thinkstream during bankruptcy
(DBN)

____________

Sovereigns:

7 Countries Near Bankruptcy
(DBN)

Elliot Management: The Hedge Fund That Foreclosed on a Warship
(DBN)

IMF Says Ukraine Bailout Faces ‘Significant Uncertainty’
(DBN)

____________

UK:

Pension Protection Fund Issue New Pre-Pack Administration Guidance
(DBN)

____________

EU:

Eurozone retail sales fall sharply in June
(DBN)

This chart of Greece and Germany's debt shows how utterly abnormal both countries are
(DBN)

____________

PIIGS:

Greece needs $103 billion Greek bank shares are getting absolutely obliterated for the third day running Greece Sees Bailout Deal in Time to Meet $3.5 Billion Due to ECB Greece and lenders strike upbeat tone, deal seen on bailout Why there may never be ‘second Greece’ Greece May Be Open For Business, But Private Equity Firms Are Wary The Need for a Bad Bank in Greece
(DBN)

The Spanish economy just blew analyst expectations out of the water Cracks are beginning to show in the facade of Spain's most important economic region
(DBN)

____________

Canada:

Are we in a recession? These small business owners certainly think so
(DBN)

Clothing retailer Laura's files for creditor protection, plans to restructure
(DBN)

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