February 20, 2015

The Daily Bankruptcy News

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Law:

Kirkland Bankruptcy Bigwig Retires, But Big Assignments (and Fees) Abound
(DBN)

The law school bust claims its first victim
(DBN)

Few Answers in Case of Murdered Law Professor
(DBN)

Police found credit cards strewn throughout hotel room of slain DLA Piper associate, affidavit says --- Police Reveal More Details In Messerschmitt Killing
(DBN)

GM Names a New Top Lawyer
(DBN)

Legal Mal Suit Against Fox Rothschild Revived by NJ Court
(DBN)

Ex-clients sue Winstead contending ‘countless mistakes’ on loan workout cost them $20M
(DBN)

Partner Path Foggy As More Women Join Staff Atty Ranks
(DBN)

Law School Without the LSAT
(DBN)

Cooley Law Can’t Even Buy An Ad Without Screwing Up
(DBN)

Best and Worst Cities for Women and Minorities
(DBN)

White & Case Breaks Revenue and Profit Barriers
(DBN)

White & Case revenues increase, K&L figures are flat, while Cadwalader partner profits drop
(DBN)

King & Spalding breaks the $1m revenue per lawyer figure alongside 8% revenue boost
(DBN)

Client claims K&L Gates partner offered him sex for work
(DBN)

Want to avoid layoffs? Commitment to mission of your employer may help
(DBN)

An Unemployed Lawyer’s Words Of Wisdom: Not All Of Us Are ‘Financially Stable’
(DBN)

Which State Is Limiting How Many Times You Can Pee During The Bar Exam?
(DBN)

Reinventing The Law Business: Online Marketing – Yes? No?
(DBN)

What You Can Do In Biglaw to Get Ready For SmallLaw --- 10 Questions To Ask Before Joining A Small Firm As A New Lawyer
(DBN)

Bankruptcy Lawyer Reunited With Carjacked Dog --- The lawyer
(DBN)

Norton Rose Fulbright associate in $35m lottery win
(DBN)

Lawyer sanctioned $1M wins stay of collection efforts
(DBN)

Trick Out Your Mac
(DBN)

Why you shouldn't wear the same pair of shoes every day
(DBN)

Court Allows Woman To Sue Herself Over Wrongful Death Of Husband
(DBN)

Lawmaker is federally indicted over $3.7M in claimed payments by law firms
(DBN)

Lawyer who clicked on attachment loses $289K in hacker scam
(DBN)

Federal judge nixes TRO on new Chicago Cubs signs sought by rooftop seating companies
(DBN)

HSBC whistleblower spills Lynch evidence to Senate
(DBN)

Say What?!
(DBN)

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Judges:

BK WY: Retirement of the Honorable Peter J. McNiff
(DBN)

Improved Noticing for Debtors Reduces Court Costs
(DBN)

Standard Of Review: Judging The Judge
(DBN)

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Wall Street:

Futures little changed, S&P on track for flat week
(DBN)

Greek jitters push stock markets off highs
(DBN)

Stocks close mixed; Nasdaq up 7th straight day
(DBN)

A pair of indicators are flashing a warning for stocks
(DBN)

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Layoffs:

Changes in US Household Labor-Force Participation by Household Income
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Student Debt:

These are the Americans with more student debt
(DBN)

Americans are having more trouble paying off their student debt than their houses
(DBN)

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Autos:

GM hires new legal chief to replace man criticized by senators over ignition switch recall
(DBN)

Saab's Chinese-Backed Owner Offers Deal to Creditors
(DBN)

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Gambling:

Caesars Bonds Initially Valued at 14.9 Cents in Swaps Auction
(DBN)

Caesars Seeks to Disband Committee of Hostile Creditors
(DBN)

Trump Creditors Strike Deal To Support Icahn-Backed Plan --- Trump Entertainment Creditors Have Deal to Ease Bankruptcy Exit
(DBN)

Judge OKs Termination of Revel Sale to Florida Developer --- Revel Again Allowed to Scrap Bankruptcy Sale, Seek New Offers --- No sign of bidders
(DBN)

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Healthcare:

Friday deadline may trigger bankruptcy for California hospitals
(DBN)

Harris discusses looming decision on sale of Catholic hospitals --- Open Letter to Kamala Harris to Support Sale of 6 Hospitals to Prime Healthcare Services
(DBN)

Obamacare Barely Causes Ripple in Biz World
(DBN)

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Food/Beverage:

Federal judge sets trial date for former Adams Produce COO
(DBN)

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Lehman:

Lehman Brothers Inc. Trustee Receives Court Approval for Second Interim Distribution: $2.2B
(DBN)

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Weather:

NE: Latest Surge of Arctic Air to Freeze Eastern Half of US - Records From 1800's To Fall --- DC: Wind Chill -20
(DBN)

The Northeast is about to get slammed with another round of subzero temperatures and more snow
(DBN)

____________

Art:

Can an Owner Keep Himself and His Art Out of Bankruptcy Court When the Gallery Goes into Bankruptcy?
(DBN)

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Economy:

Improving Job Market Bolsters U.S. Consumer Confidence
(DBN)

Applications for US unemployment aid plummet to 283K
(DBN)

Obama, in Economic Outlook, Paints Picture of a Tough Slog
(DBN)

Obama and Middle Class Wage Stagnation
(DBN)

Poll: Most Favor Higher Minimum Wage
(DBN)

Fed Worry: When Everyone Runs for the Exit
(DBN)

Factory activity improves at slower rate in Philly region
(DBN)

Part-time-job searches are hot in states with low unemployment
(DBN)

U.S. consumers might not be up to job of getting economy humming
(DBN)

Obama Aide Furman Says Oil Cost Drop Offsets Slowdown Abroad
(DBN)

How the sharing economy is reshaping spending
(DBN)

Caterpillar CEO, US Falling Behind
(DBN)

US Debt Clock
(DBN

Economic Indicators Dashboard
(DBN)

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Real Estate:

Land Contracts: Mortgage Priority and Other Complications
(DBN)

Freddie Mac Will Pay U.S. $900 Million on Fourth-Quarter Profit
(DBN)

Early Read on Existing Home Sales in January
(DBN)

Quarterly Housing Starts by Intent
(DBN)

US average rate on 30-year home loan 3.76 percent
(DBN)

How to buy your first apartment in New York City
(DBN)

___________

Municipalities:

Q&A: Detroit bankruptcy judge on pensions, DIA, fees
(DBN)

Showdown in Stockton: CalPERS Needs Dentist and Everyone Else Needs to Talk
(DBN)

Puerto Rico Bankruptcy Bill Set for Feb. 26 U.S. House Hearing
(DBN)

Puerto Rico’s Default Risk High in Next Two Years, Moody’s Says
(DBN)

Chicago's Untenable Pension Crisis
(DBN)

San Bernardino creditors cry foul at city's plan to hire PR firm
(DBN)

Wayne County's bond rating slammed by financial woes
(DBN)

America's poorest cities revealed
(DBN)

Scott Walker skips debt payment due to budget shortfall, then dines with supply-siders
(DBN)

NY towns look to secede to PA over taxes, hydrofracking
(DBN)

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Retailing:

RadioShack creditors say insider bid 'freezes' competition
(DBN)

Creditors say RadioShack's bankruptcy doesn't add up
(DBN)

RadioShack bankruptcy “an assisted suicide?”
(DBN)

Hedge Fund Wades Into RadioShack's Rough Waters - Standard General seeks to lead the electronics retailer out of bankruptcy court
(DBN)

Creditors lining up to oppose RadioShack store sale to Standard General
(DBN)

What does Radio Shack's bankruptcy signal about the future of retailing?
(DBN)

The end of RadioShack, through the eyes of a store manager
(DBN)

RadioShack’s bankruptcy was tied to a distorted view of the future
(DBN)

Questions Raised at First Hearing for Family Christian Stores Bankruptcy
(DBN)

Sears CDS Bearish After RadioShack Bankruptcy
(DBN)

Wal-Mart to give nearly 40% of US workers pay raises --- Behind Wal-Mart’s boost in hourly wages: a court fight --- The Wal-Mart pay rise may not even show up in jobs report --- The profit motive behind Wal-Mart’s minimum wage hike --- How Wal-Mart's CEO Came to Support a $1 Billion Wage Hike
(DBN)

Woman Head-Butts Employee Inside Walmart In Brawl Over Bad Customer Service
(DBN)

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Oil/Gas:

Thurs. P.M.: Oil prices off more than 4 percent --- US markets hit as oil price falls --- The oil price --- Oil price falls amid worries about global oversupply --- Oil cuts loss as supply hike not as large as anticipated --- Another wild day for oil
(DBN)

Best Shale Driller Halts Oil Growth Amid Oversupply --- Largest US shale group sees growth halt --- US shale leader EOG Resources confidence no match for cheap oil
(DBN)

How a 71-year-old statistic became the new go-to data for oil traders in a collapsing market
(DBN)

Why everyone — even Warren Buffett — got oil prices wrong
(DBN)

Technip confident of staying in work despite oil price drop
(DBN)

Ensco cutting hundreds of jobs in Houston and beyond
(DBN)

More Houston energy companies reveal job cuts
(DBN)

Marathon Oil to cut hundreds of jobs
(DBN)

Energy-dominated office market in for reset
(DBN)

Photo of stored drilling rigs says lots about oil, natural gas
(DBN)

OPEC has ceded to the US its power over oil price --- OPEC Production Cut May Not Be Needed After All --- OPEC Won’t Regain Strength Until US Shale Production Slows In 2030s
(DBN)

Saudi oil output rising amid fight for market share
(DBN)

Hedge Funds Bet More On Energy Stocks In 4Q 2014
(DBN)

Guar: Cheap oil gives new company new problem
(DBN)

Oil-Drop Pain Spreads to Saudi Arabia's Energy Behemoth - Aramco looks for cut costs, asking oil-services providers for deals; pushing for a phone-bill discount
(DBN)

____________

Credit Cards:

The hits keep coming for American Express
(DBN)

____________

Politics:

Giuliani Backs Off on Obama Doesn't Love America Comment
(DBN)

____________

Agriculture:

This is the only commodity to fall more than oil
(DBN)

____________

Banking:

HSBC whistleblower: You have to know how banks work to understand just how big this scandal is
(DBN)

____________

 


New Bankruptcy Opinions
(2 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (27 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)

______________

Bankruptcy Statistics:

Interactive Bankruptcy Statistics Map
(DBN)

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Bankruptcy Remoteness:

The Not-So-Remote Possibility of the Bankruptcy of a Bankruptcy Remote Entity | Lending Law Report

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Avoidance Actions:

Fraudulent Transfer Claims and Unreasonably Small Capital
(DBN)

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Sales:

Credit Bids: Recent Developments in Acquisition Finance
(DBN)

____________

Discharge:

All Late-Filed Taxes Now Nondischargeable?!
(DBN)

A Texas Bankruptcy Lawyer's Blog: Recovering Attorneys' Fees in Dischargeability Litigation
(DBN)

____________

Recent Pleadings:

Ceasars Takes Shots At Second Lien Committee
(DBN)

______________

Debt Collection:

The debt collector that runs Texas
(DBN)

____________

Tax:

Swiss Leaks
(DBN)

___________

Electricity:

Energy Future's 'Make-Whole' Tender Offer Survives Appeal
(DBN)

____________

Aviation:

Shinsei, Daiwa offer to support Skymark bankruptcy rehab
(DBN)

Stop 'manspreading' on planes
(DBN)

____________

Consultants:

FTI Consulting Reports Fourth Quarter and Full Year 2014 Results, EBITDA Down Due To Decline In "High-Margin" Bankruptcy Work
(DBN)

____________

Fraud:

Insurance Defrauds Hurricane Sandy Victims
(DBN)

____________

Sovereigns:

Argentina says considering offer to resume debt revamp talks
(DBN)

____________

UK:

U.K. Probes Investment Banks – But Why?
(DBN)

Alarming industry proposals to turn back the clock and restore bankruptcy to a punitive procedure
(DBN)

____________

EU:

Euro Region Economy Strengthens Amid Wrangling on Greece
(DBN)

____________

PIIGS:

Germany and Greece are about to go head to head --- Varoufakis Meets Euro Partners; Seeks to Avoid Default --- Politicians, media strike out at German refusal of Greek loan proposal --- Greek PM confident on extension, calls for 'historic' political decision
(DBN)

Germany snubs Greece: What to watch for next --- Germany may have just put the nail in Greece's Euro zone coffin --- Would Germany Shoot Itself In the Foot? --- Germany rejects Greece debt proposal --- Euro zone will not accept unilateral Greece decision: Latvia finance minister --- Greeks nervous about Friday's loan extension meeting --- 'Germany's gone too far': Rejection of Greek debt plan draws quick Twitter reaction --- Greece blinks, asks to extend bailout – and Berlin still says “Nein”
(DBN)

Greek, German Leaders Discuss Bailout-Extension Proposal - Phone call came hours after Germany rejected Athens's request for an extension
(DBN)

Greece dances around words to keep anti-bailout public on side
(DBN)

‘Grexit’ would have limited contagion: S&P
(DBN)

Syriza's scattergun
(DBN)

Europe’s firewalls may not be enough to stem Grexit investor panic
(DBN)

Drumm hires high-profile US defense lawyer
(DBN)

____________

Canada:

C$ sharply weaker after oil price fall
(DBN)

Calgary housing boom poised for bust in oil reversal
(DBN)

Will Cameco Corporation Go Bankrupt ?
(DBN)

____________

Russia:

Russia could burn through its reserves in a year
(DBN)

____________

Switzerland:

Switzerland flexes parliamentary muscle as scrutiny of HSBC intensifies
(DBN)

____________

Latvia:

New Latvia Law Takes on Legacy of Bad Mortgages
(DBN)

____________

Ukraine:

IMF confident $40 bln package for Ukraine will come together
(DBN)

____________

MENA:

Kuwait's Investment Dar confident about debt-for-assets deal
(DBN)

ISIS Burns 40 People Alive
(DBN)

____________


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