January 27, 2015

The Daily Bankruptcy News

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Law:

Associate Bonus Watch: WilmerHale’s Wily Ways?
(DBN)

Why Law School Is A Waste Of Money Unless You Get Into A Top School
(DBN)

Nixon Peabody to Merge With Smaller Chicago Firm
(DBN)

Law firm Haynes and Boone of Dallas opens Denver office with bankruptcy lawyer as administrative head
(DBN)

FYI, Your Mom REALLY Wants You To Date A Lawyer With A Prestigious Degree
(DBN)

Fixed-Fee Deals: 3 Traps For The Unwary
(DBN)

Your Worst Enemy in a Negotiation? Look in the Mirror.
(DBN)

New Theory Explains How The Patriots Could Have Manipulated The Footballs Without Breaking Any NFL Rules
(DBN)

The 3 Bags Every Man Should Own
(DBN)

Science Says Doing These Things Will Make You Seem Smarter
(DBN)

Big Data: Justice Department spies on millions of cars
(DBN)

Former prosecutor is charged for alleged tanning salon taping
(DBN)

Public Defender Arrested Because He’s Not A Prosecutor
(DBN)

Pennsylvania man shoots 15-year-old boy multiple times for throwing snowballs at his car
(DBN)

Say What!?
(DBN)

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Judges:

Posner ruling tosses Social Security judges’ grievance claim, compares them to assembly line workers
(DBN)

Many courts close early Monday, plan to stay shuttered Tuesday as predicted monster snowstorm looms
(DBN)

SCOTUS, 6th Circuit agree judge was immune from suit over affair with party in case
(DBN)

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Wall Street:

Stock Futures Modestly Lower as Blue-Chip Earnings Disappoint
(DBN)

US stocks close mildly higher on Greek elections
(DBN)

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Layoffs:

IBM set to cut 110,000 jobs, blogger claims --- IBM dismisses report of massive layoffs --- IBM: Layoffs Are Coming, But Nowhere Close To 100,000
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Autos:

GM ignition death toll hits 50 --- Claims against GM over ignitions pass 2800
(DBN)

George Soros wants to invest in or buy an auto dealership group just like Warren Buffett did last year
(DBN)

Vehicle Sales Forecasts: "Best January in 8 Years"
(DBN)

Investment riches built on auto loans to poor
(DBN)

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Weather:

NJ Bankruptcy Court Closed --- Boston, Worcester and Springfield, MA Closed --- SD NY Closed --- ED PA Closed --- 3rd Cir. Closed
(DBN)

Tues. A.M.: Blizzard Hits Northeast, but Without Full Force Feared
(DBN)

Blizzard Bears Down on Northeast --- 'Tidal wave of snow' to slam Northeast --- Airlines cancel 5740 flights ahead of monster storm
(DBN)

Will the East Coast snow storm close markets?
(DBN)

New Yorkers Are Flocking To Craigslist To Find 'Blizzard Boyfriends' And Girlfriends
(DBN)

Massachusetts Police Have A Humorous Warning For Drivers Before Massive Blizzard
(DBN)

Here's How This Big Blizzard Compares To The Top Five Storms In The History Of NYC
(DBN)

Grocery Stores Run Out Of Kale, East Coasters Freak
(DBN)

Uber Will Cap Surge Pricing During The Upcoming Blizzard
(DBN)

Insanely Long Lines At New York City Supermarkets
(DBN)

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Retailing:

SkyMall founder Bob Worsley calls bankruptcy “tragic”
(DBN)

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Gambling:

Court battle begins in dispute over bankruptcy venue for casino giant Caesars Entertainment --- Caesars makes its pitch for Chicago as bankruptcy venue --- Caesars battles creditors over venue for bankruptcy case
(DBN)

Caesars Says Creditor Deal May Die If Early Bankruptcy Stands
(DBN)

Caesars Debates Creditors Over Choice of Bankruptcy Court - Some Bondholders Believe Chicago May Be Too Favorable to Casino Operator
(DBN)

Caesars' Bankruptcy Plan: Already Under Attack?
(DBN)

How CDS Investors Pushed Caesars in Restructuring Talks
(DBN)

Hard Rock (again) dips toe into Atlantic City casino market
(DBN)

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Lehman:

Ex- Lehman Trader Continues Fight for $84.8 Million Bonus
(DBN)

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Banking:

Obama's Bank Tax Should Exempt Banks Under $100 Billion
(DBN)

Banks Take a Risk in Freezing a Debtor's Account During Chapter 7 Proceedings
(DBN)

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Resorts:

Soffer reduces liability in Fontainebleau Las Vegas bankruptcy settlement
(DBN)

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Corporate Governance:

International Comparison of Selected Corporate Governance Guidelines and Codes of Best Practice
(DBN)

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Asset Protection:

A Short History Of Asset Protection Trust Law
(DBN)

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Compensation:

S.E.C. Has Yet to Set Rule on Tricky Ratio of C.E.O.'s Pay to Workers'
(DBN)

____________


Economy:

CBO: Interest on federal debt will triple over coming decade --- Deficits have been shrinking for years. The CBO says that's about to change
(DBN)

Fed likely to continue to signal mid-2015 rate hike
(DBN)

Dallas Fed: Texas Manufacturing Activity Stalls and Outlook Worsens
(DBN)

The US Economy Is On A Serious Roll
(DBN)

Why is the GOP Talking About the Income Gap?
(DBN)

Bankruptcy: The Economy's Fuse Box
(DBN)

Survey: Majority of Consumers Stayed on Budget During the Holiday Season
(DBN)

Behind Sen. Elizabeth Warrens Treasury takedown
(DBN)

Solving the Puzzle of Stagnant Wages - Evidence points to growing government regulation like Dodd-Frank and policies that discourage investment
(DBN)

Inequality: Super Rich Plot Their Escapes
(DBN)

How Much Do You Need to be Super-Rich?
(DBN)

Middle Class Shrinks Further
(DBN)

Geography of Jobs
(DBN)

Here's Exactly How Much Wealth The World's Richest Billionaires Have
(DBN)

US Debt Clock
(DBN

Economic Indicators Dashboard
(DBN)

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Real Estate:

Ocwen Rejects ‘Baseless Allegations’ of Mortgage Investors, Denies Default
(DBN)

D.R. Horton reports Home Sales Soared Last Quarter
(DBN)

Black Knight: House Price Index up slightly in November, Up 4.5% year-over-year
(DBN)

Boomerang Buyers May Shake Up Real Estate Market
(DBN)

Here's What Median Rent Will Get You In Silicon Valley
(DBN)

Westport parcels to go to auction Wednesday
(DBN)

Indianapolis: Struggling strip centers reorganizing under bankruptcy
(DBN)

2014 not a robust year for Las Vegas homebuilders
(DBN)

Property lender Square Mile Capital is bouncing back
(DBN)

____________

Municipalities:

Kevyn Orr: Detroit water deal still makes sense
(DBN)

Financial adviser wary of Detroit's reliance on aid
(DBN)

Moody's downgrade complicates A.C. debt refinancing
(DBN)

Some Atlantic City bond yields hit record highs
(DBN)

20 Of The Safest Cities In The World
(DBN)

____________

Pensions:

6th Circuit botched contract law by favoring retiree benefits in ambiguous union pacts, SCOTUS says
(DBN)

____________

Oil/Gas:

US oil well shut-ins start as crude rout batters small producers
(DBN)

Tues. A.M.: Oil price recovers as dollar weakens against euro --- Oil falls to lowest level in almost 6 years on global glut --- OPEC minister sees oil price floor at $45 --- The Cure For Low Oil Prices Is Low Oil Prices --- Oil price 'too low': Saudi Aramco chief --- OPEC Chief: $200 Oil if Cutbacks Go Too Far
(DBN)

Hedge funds eye oil's fall
(DBN)

Saudis: Falling Oil Demand Biggest Concern
(DBN)

OPEC chief: oil prices could soon rebound --- WTI, Brent oil futures turn higher after bullish El-Badri comments
(DBN)

Things Are Bad In Texas
(DBN)

Oil collapse could trigger billions in bank losses
(DBN)

Falling oil prices help boost optimism of business economists
(DBN)

Oil Is Never Going To Reach $200, Not For Any Length Of Time At Least
(DBN)

No One At BP Is Getting A Raise This Year
(DBN)

Job Recovery All Oil & Fracking ? Hardly
(DBN)

Brazilian Oil Giant Petrobras May Take A Charge Equal To Almost Half Its Market Value
(DBN)

OPEC is now on life support: oil experts
(DBN)

Argentine Province to Defy Bonds Terms and Cut Royalties
(DBN)

Blame Oil: Opportunistic Thinking Amid the Oil Price Collapse
(DBN)

____________

Mass Torts:

BP to call first witnesses as it fights for lesser oil spill penalty
(DBN)

Boys Scouts Trial to Unveil 16 Years of Sex Files
(DBN)

____________

Toys:

Mattel CEO Resigns Amid Company's Struggles --- Mattel Replaces CEO as Sales Slump Extends to Five Quarters --- Mattel's problems won't end at change of guard --- Mattel CEO Resigns As Barbie Parent Company Struggles For Relevance
(DBN)

____________

Student Debt:

Tick... Tock: The Growing College Debt Crisis
(DBN)

____________

Television:

Most Young People Say They Have Stopped Watching TV
(DBN)

____________

Disruption:

That $1 Billion TransferWise Deal Is Exactly Why Mark Carney Worries About 'An Uber-Type Situation In Financial Services'
(DBN)

____________

Religion:

Bankruptcy case brings financial fears for Catholic schools
(DBN)

____________

Aviation:

JFK: Stuck on Tarmac for Six Hours
(DBN)

Cheaper fuel offsets airlines' storm losses
(DBN)

SkyMall Stumbles as Airlines Hone Their Sales Pitches
(DBN)

____________

Politics:

The Republican Party has not won a presidential election without either a Bush or a Nixon on the ticket since 1928.
(DBN)

____________

Hockey:

Jerry Moyes wins legal fight with NHL over Coyotes losses
(DBN)

____________

Food/Beverage:

Kum & Go, Hy-Vee bid on Dahl's assets
(DBN)

____________

Healthcare:

The Obama administration wants to dramatically change how doctors are paid
(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 (19 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (3 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)

______________

Miscellaneous:

Restructuring and Insolvency in the United States: overview
(DBN)

____________

Bankruptcy Reform:

Rethinking “Small” Business Bankruptcies
(DBN)

____________

Jurisdiction:

Wellness International Oral Argument: Supreme Court Justices Grapple With Implications of Narrowing Bankruptcy Court Powers
(DBN)

____________

Safe Harbors:

Second Circuit Applies Section 546(e) Safe Harbor to Protect Madoff Ponzi Scheme Payments
(DBN)

____________

UCC:

Lender Beware: Mistakenly Filed UCC-3 Statement Renders $1.5 Billion Loan Unsecured
(DBN)

____________

Insurance:

Life Partners Holdings, Inc. Announces Receipt of NASDAQ Letter Relating to Non-Compliance with Listing Rules
(DBN)

____________

Sovereigns:

The Nisman case and what it means for Argentina’s teetering economy
(DBN)

____________

UK:

British growth slows, but 2014 still fastest in seven years
(DBN)

Oligarch estate declared insolvent
(DBN)

Former oligarch died owing UK £46m, court told
(DBN)

Tens of thousands in court over council tax payments
(DBN)

Lone Star checks into Jurys Inn
(DBN)

Premier League footballers struggle with life after retirement
(DBN)

NI insolvency activity set to increase
(DBN)

____________

EU:

Banks look to Europe's stimulus plan to brighten grim results
(DBN)

Eurozone looks for dialogue after stunning Greece elections
(DBN)

____________

PIIGS:

Krugman: Ending Greece's Nightmare
(DBN)

Greece Must Repay Debt, Europe Officials Say --- Noonan sees scope for Greek debt cost cuts --- No debt forgiveness for Greece, say eurozone finance bosses --- Greece set for collision with creditors ahead of crucial talks --- Greece and Europe Dig In on Bailout Terms After Syriza Victory in Greek Election
(DBN)

Why Syriza's fairy tales will devastate Greece
(DBN)

Has the Greek Election Changed Anything? --- Is This the End of Austerity?
(DBN)

Despite Initial Tremors, Markets Mostly Shake Off Greek Election Results
(DBN)

Greek leftists ally with right against bailout after huge election win
(DBN)

The Greek voters' unlikely darling: Their taxman
(DBN)

Greece, 'Europe's Argentina ', Strikes Again
(DBN)

The lesson from Greece: A 1930s-style depression creates 1930s-style politics
(DBN)

____________

Canada:

Fee Adjustments in Canada Revisited
(DBN)

____________

France:

France Seeking Insolvency Law Change to Speed Up Restructuring
(DBN)

____________

Germany:

Managers back in court in Teldafax insolvency case
(DBN)

____________

Switzerland:

Saxo Faces Legal Battles as Clients Told to Cover Franc Losses
(DBN)

____________

Venezuela:

Venezuelan gas: $0.002 per black-market U.S. dollar
(DBN)

____________

Russia:

One-Fifth Of Russian Banks Could Collapse In 2015
(DBN)

US, EU Threaten New Russia Sanctions Over Ukraine
(DBN)

Russian Debt Collectors Could Be Banned From Seizing Family Pets
(DBN)

Russia Credit Rating Cut to Junk by S&P for First Time in Decade --- Market reaction muted
(DBN)

Russia's VIM Airlines files for bankruptcy
(DBN)

___________

Ukraine:

EU agrees 1.8 billion euros for Ukraine, to consider more
(DBN)

____________

Romania:

IMF expresses concern over Romania’s draft law on personal insolvency
(DBN)

____________

China:

China's 2014 factory profit growth at two-year low
(DBN)

____________

Austria:

Austria mulls bail-in for Hypo Alpe creditors
(DBN)

____________

Brazil:

Defaulting Sugar Producers Signal More Bond Pain to Come
(DBN)

____________

Australia:

Australia Iron Ore Has Crashed
(DBN)

____________


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