February 13, 2015

The Daily Bankruptcy News

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Due to the Presidents' Day holiday, The Daily Bankruptcy News will not publish on Monday, February 16, 2015





Law:

Better Times for Law Firms, With More on the Horizon, Says Report --- The Report
(DBN)

BigLaw firm to require all workers to do 25 hours of community service each year
(DBN)

Police Release Video Of Person Of Interest In Hotel Stabbing Of BigLaw Associate --- Slain DLA Piper Lawyer Remembered as 'Someone so Talented'
(DBN)

Baker & Hostetler's Revenue Up, Profits Down
(DBN)

Should Firms Ban Sex Between Partners and Associates
(DBN)

Law school diversity improves, but not at most prestigious schools --- When ‘Diversity’ Means Helping Low-Ranked Schools Take Advantage Of Students
(DBN)

This Is The Best Brief About Dead Cats Ever
(DBN)

Experts: Here's how much sleep you really need
(DBN)

Unchain Thyself
(DBN)

Change Or Irrelevance? Your Pick
(DBN)

Today’s (Legal)Tech: The State Of Legal Technology In 2015
(DBN)

Meet 'Hewie' the social media savvy law firm dog
(DBN)

Kevin Durant Gets His Law Degree In 3 Days
(DBN)

This Proves That Lawyers Love To Bang Their Coworkers
(DBN)

Family faces $500K judgment for alleged ‘howling and explosively barking’ dog
(DBN)

Lawmaker pushes bill banning creation of ‘glow in the dark’ human-jellyfish hybrids
(DBN)

Speed camera repeatedly tickets teacher’s parked car
(DBN)

If You Like ‘Breaking Bad,’ You Better Watch ‘Better Call Saul’
(DBN)

FBI Chief: Hard Truths on Policing and Race --- ‘Everyone’s a Little Bit Racist’
(DBN)

70 Years for Homeowner Who Hunted Intruder
(DBN)

Woman dies after dropping charging iPhone into bathtub
(DBN)

Sheriff Joe Up for Contempt Hearing
(DBN)

Feds capture alleged art scammer who escaped during furlough for lawyer meeting
(DBN)

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Judges:

James Garrity Coming Back to New York Bankruptcy Bench
(DBN)

Are Alabama judges bound by federal court? Law prof says Roy Moore is right about at least one thing --- Alabama top court tosses probate judge’s petition seeking guidance on gay marriage --- CNN host destroys Roy Moore in epic interview: ‘Our laws do not come from God and you know that’
(DBN)

Ginsburg: ‘I Wasn’t 100 Percent Sober’ For State Of The Union Address
(DBN)

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Wall Street:

Wall Street to build on rally after Russia deal, oil at $60
(DBN)

Wall Street ends sharply higher on tech, Ukraine deal
(DBN)

Wall Street mistresses are winning the internet age
(DBN)

The 26 hottest power couples on Wall Street
(DBN)

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Layoffs:

Unemployment 6.3% Higher Than Reported
(DBN)

Sources: Marissa Mayer is firing people at Yahoo
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Gambling:

A.C. casinos' luck may be changing as 2015 starts with big bump in revenue
(DBN)

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Personal Finance:

How to raise kids who know the value of a dollar
(DBN)

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Autos:

GM turns to banks to help deal with activist investor group --- GM Frets Buyback Would Freeze Credit Rating --- Watchdog Criticizes Harry Wilson GM Buyback Scheme as Favor to UAW
(DBN)

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Aviation:

Auditors flag 'doubt' over Spicejet's going-concern viability
(DBN)

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Consultants:

Epiq Appoints Scott Olofson to Lead Corporate Restructuring Group
(DBN)

Experts say FTI Consulting may look at hiring entire Kroll India team
(DBN)

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Corporate Reform:

Lawmaker Warns of Battle Over Bank-Settlement Documents
(DBN)

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Shipping:

Baltic sea freight index at record low as weak sentiment bites
(DBN)

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Corporate Governance:

How Recent Fiduciary Duty Cases Affect Advice to Directors and Officers of Delaware and Texas Corporations
(DBN)

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Golf:

Once-Exclusive Golf Club Opens Books in Bankruptcy
(DBN)

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Non-Profits:

Bay Area Nonprofit Implodes Even with all the Usual Red Flags
(DBN)

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Festivals:

Bankruptcy lawsuit centers on BottleRock 2013
(DBN)

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Theme Parks:

Bankruptcy judge to decide if Conneaut Lake Park insurance case can proceed
(DBN)

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Religion:

Rabbi Accused of Secretly Videotaping More Than 150 Women
(DBN)

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Economy:

US retail sales weak; jobless claims jump --- Retail sales slump as gas savings go into America’s pockets --- US retail sales data point to slower economic growth
(DBN)

Jobless claims rise above 300K on energy layoffs
(DBN)

Or maybe truck driver isn’t the most common U.S. job
(DBN)

If you aren't rich by 45, you might as well give up
(DBN)

Here's what the $294 trillion market of global financial assets looks like
(DBN)

Top Ten Labor Markets in America
(DBN)

‘The Bachelor,’ billionaires and the problem with farm subsidies for the rich
(DBN)

World's highest proportion of female bosses: Nearly 60%
(DBN)

US Debt Clock
(DBN

Economic Indicators Dashboard
(DBN)

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Real Estate:

U.S. Mortgage Rates Rise From a 20-Month Low --- Freddie Mac: 30 Year Mortgage Rates increase to 3.69% in Latest Weekly Survey
(DBN)

Foreclosures Increase in January, "Clearing the deck"
(DBN)

CFPB takes action against three mortgage companies for false advertising
(DBN)

Does the housing finance industry have a short memory?
(DBN)

Houses Keep Getting Bigger
(DBN)

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Municipalities:

Detroit's $170M bankruptcy tab 'reasonable,' judge says --- Jones Day gets $58M
(DBN)

Illinois and Chapter 9: The Update
(DBN)

IL: Bill would let cities file for bankruptcy; But sponsor says it’s ‘no magic bullet’
(DBN)

Birmingham bankruptcy attorney to lead group monitoring Detroit
(DBN)

Puerto Rico prepares to debate value-added tax proposal
(DBN)

S&P cuts Puerto Rico debt rating after restructuring rule voided
(DBN)

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Retailing:

Retail sales plunge in January
(DBN)

RadioShack starts process to auction 1,700 store leases
(DBN)

RadioShack: The tough world of a company in bankruptcy
(DBN)

Rush on to nab Radio Shack stores --- RadioShack wants to auction closed store leases this month
(DBN)

Sprint Corp Helps Pick Up The Scraps of Radioshack
(DBN)

Hilco Streambank to Sell dELiA*s Intellectual Property
(DBN)

America's Largest Christian Bookstore Chain Files for Bankruptcy
(DBN)

Will Fashion Mall in Plantation be put up for auction? --- Fashion Mall bankruptcy auction approved, reorganization plan rejected
(DBN)

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Private Equity:

Apollo Lawyer Says Momentive Case Ruling Aids Private Equity
(DBN)

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Credit Cards:

American Express shares rocked by loss of Costco deal
(DBN)

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Oil/Gas:

Fri. A.M.: Oil tops $60 for first time in 2015, industry spending cuts support
(DBN)

Thurs. A.M.: Oil Halts 2-Day Drop as More Producers Cut Spending --- Oil bounces back above $56 as dollar weakens, majors cut
(DBN)

Global oil layoffs exceed 100,000
(DBN)

Energy executives party like oil’s at $99
(DBN)

Here's how a $50 drop in oil prices affects every country in the world
(DBN)

Wilbur Ross Eyeing Distressed Energy Securities
(DBN)

US oil sector slowing, on and offshore
(DBN)

China’s shale ambition: 23 times the output in 5 years
(DBN)

Crude oil headed for a U-shaped recovery: analyst
(DBN)

Santos is taking a £800 million asset hit on plunging oil prices
(DBN)

Total Write Downs Value of Canadian, US Oil Fields Amid Loss --- $6.5 billion impairment
(DBN)

Iraq's oil exports dip by 14 percent in January
(DBN)

Shell boss sees world oil supply lagging demand
(DBN)

Natural gas prices fall as withdraws stay low
(DBN)

Hercules Offshore lays of 30 percent of workforce
(DBN)

Driller: More than 1,000 field hands out of work as rigs decline
(DBN)

Husky cuts spending plan again to help ride out oil's collapse
(DBN)

Caterpillar doesn't foresee digging out in 2015
(DBN)

Cenovus Layoffs To Affect 15 Per Cent Of Staff, Suspend Salary Increases
(DBN)

Houston Housing Market Losing Energy
(DBN)

Are Oil Price Declines Good for the Economy?
(DBN)

Texas solar jobs increasing
(DBN)

The far reaching impact of lower oil prices
(DBN)

Shell chief: Oil majors can't simply deny climate change anymore
(DBN)

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Student Debt:

Taxpayers getting an education? Obama student loan forgiveness program swells by $22B
(DBN)

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Compensation:

America's 100 Most Overpaid CEOs
(DBN)

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Tax:

HSBC banker-priest in eye of SwissLeaks storm
(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 (17 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (7 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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Bankruptcy Reform:

ABI Chapter 11 Reform Commission Series: Labor and Benefits
(DBN)

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Avoidance Actions:

Ninth Circuit Applies "Dominion Test" to Determine Initial Transferee Status for Purposes of Allocating Fraudulent Transfer Liability
(DBN)

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Sanctions:

Sixth Circuit Bankruptcy Appellate Panel Affirms $200,000 Attorney Sanctions
(DBN)

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Bankruptcy Rules:

Bankruptcy Rules Revised to Match Appellate Procedure
(DBN)

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Litigation:

You Needn’t Keep Everything Forever: No Sanctions for Non-Party’s Failure to Produce because of Retention Polices, Technology Changes
(DBN)

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Banking:

Fed: New Stress Test Results Out March 5
(DBN)

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Celebs:

'The Partridge Family' Cast Now: David Cassidy Reportedly Files For Chapter 11 Bankruptcy , Has Over $300K Debt
(DBN)

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Fraud:

Former Tifton Bank President and CEO Indicted for Bank Fraud
(DBN)

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Hotels:

Hotels: Solid Start to 2015
(DBN)

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Weather:

Shovels, Not Gavels, in Snowy Boston --- Boston's Record-Setting Snowfall Turns Neighbor Against Neighbor
(DBN)

NASA: US May be Facing a Coming Megadrought
(DBN)

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Sovereigns:

Recent developments in sovereign debt restructuring: a step in the right direction?
(DBN)

London court to rule on restructured debt
(DBN)

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UK:

Pensions and bankruptcy: a difference of opinion
(DBN)

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EU:

Germany faces impossible choice as Greek austerity revolt spreads
(DBN)

The EU insolvency consultation: two years on
(DBN)

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PIIGS:

Greece will do 'whatever it can' to reach a deal with the EU on Monday
(DBN)

Greece, eurozone agree to technical talks on bailout --- Deal elusive but Tsipras sounds conciliatory tone --- Merkel keeps up the heat on Greece
(DBN)

Greece’s bailout expires at the end of February – and no-one knows what will happen next
(DBN)

Greece Backtracked on Plan to Extend Bailout
(DBN)

We won't blackmail EU says Greek PM
(DBN)

People in Greece put off paying taxes in January and that could hurt chances for a new deal
(DBN)

Emergency loan for Greece, extreme central banking and the elixir of life
(DBN)

'Grexit' would be no easy ride for austerity-weary Greeks --- What's So Bad About A Grexit ? --- What consequences Greece's bankruptcy may entail
(DBN)

Seven charts explaining what's going on in Greece right now
(DBN)

What the EU summit leaders said - and what they really think
(DBN)

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Canada:

What Wal-Mart knows about Canada and Target will never learn
(DBN)

A New Target for Distressed Investors: What Claims Traders Need to Know About Target Canada and Canadian Insolvency Law
(DBN)

Long list of small businesses wait for cash as Target’s cheque bounces
(DBN)

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Germany:

Germany just proved everyone wrong
(DBN)

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Sweden:

Sweden cuts rates below zero as global currency wars spread
(DBN)

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Germany:

Germany Insolvencies cases fall by 5 per cent in 2014
(DBN)

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Ukraine:

The EU has threatened Russia with more sanctions if the Ukraine cease-fire fails
(DBN)

Russians are starting to show some bitterness over the annexation of Crimea
(DBN)

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