July 30, 2015

The Daily Bankruptcy News

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Law:

Associate Bonus Watch: A July Bonus Memo?
(DBN)

Q2 2015 Bankruptcy League Tables
(DBN)

In Defense of Law Firm Rankings
(DBN)

Ex-Manager Details Dewey & LeBoeuf’s False Accounting Entries Ex-Partner Says Dewey Failed to Pay Promised Compensation
(DBN)

Judge Focuses Issues in OSG Suit Against Proskauer
(DBN)

How To Stanch The Flow Of Blood When Lateral Moves Are Afoot
(DBN)

Should Law Schools Pay If Students Don't Get Jobs?
(DBN)

Honigman Adds Bankruptcy Partner In Detroit
(DBN)

Insurance law team jumps ship for lure of less pressure and lower billing rates
(DBN)

Ashurst begins rebuild of structured finance team after exit of nine US lawyers
(DBN)

Have we reached the end of the partnership model?
(DBN)

When Will The Legal Vertical Be Disrupted?
(DBN)

Tomorrow's law firm: You might not like what you find
(DBN)

New York ban on non-lawyer equity investment in law firms is upheld
(DBN)

Men, You Don't Have to Boil in Your Suit This Summer
(DBN)

Traveling to dangerous areas can leave lawyers vulnerable
(DBN)

Client survey shows nearly two-thirds are using alternative fee arrangements
(DBN)

At Best Firms for Women, Incremental Strides
(DBN)

ABA Panel: Better Student Debt Counseling Needed
(DBN)

8 hours of sleep can make you happier — plus 21 other discoveries from sleep-tracking devices
(DBN)

Can Technology Improve Partner Retention and Succession Strategies?
(DBN)

The one big problem with Windows 10
(DBN)

2 groups seek to solve law firms' security issues
(DBN)

3 common words that make you sound rude in emails
(DBN)

Will Law Firm Publishing Become Solely A Wire Service?
(DBN)

Mom Throws Dream Party for Personal Injury Lawyer-Obsessed Toddler
(DBN)

The Minnesota dentist accused of killing one of Africa's most famous lions reportedly closed his practice Goes into hiding Receiving threats online Yelp pulls reviews of dentist who killed Cecil Says He Didn't Know Hunt Was Illegal So you've shot a famous lion and the Internet hates you. Now what? Why dentists are so darn rich Why US prosecutors probably won't go after the lion-killing dentist from Minnesota Danger, excitement and maid service: How safari outfitters sell lion hunts to rich Americans Should lion hunting ever be legal? Rich American tourists kill hundreds of lions each year, and it’s all legal
(DBN)

Patriots owner trashes the NFL over Tom Brady's 'unfathomable' suspension Says he thought accepting Deflategate penalties would get Brady a better deal Tom Brady explains why he destroyed his cellphone before his meeting with the NFL A footnote buried in the NFL's 20-page Tom Brady decision suggests they could have tried to get his text messages anyway The most damaging part of the Deflategate punishment for the Patriots looks even worse Is Tom Brady's 'Coverup' Worse Than the Crime?
(DBN)

Man arrested for shooting down drone over property
(DBN)

Florida cop caught throwing peanuts at handcuffed homeless man
(DBN)

White police officer faces murder case in shooting of black motorist in license-plate traffic stop A Cincinnati prosecutor has released the body cam video of a shooting he calls 'the most asinine act' made by a police officer
(DBN)

Disbarred attorney charged with using another lawyer’s name in traffic-court case
(DBN)

Why Is There No YouTube For Legal?
(DBN)

Lawyer is flattered by toddler’s obsession with his TV ads Child Obsessed With Plaintiffs’ Lawyer Has Weirdest Theme Party Ever
(DBN)

Why Hollywood loves lawyers 100 years of law at the movies How the 'Golden Decade' of legal films still influences us today
(DBN)

An ex-NFL player caught his college teammate burglarizing his house on camera
(DBN)

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Judges:

Reversing the Decline of the Civil Jury Trial
(DBN)

Meet the judge who has become a national sensation as 'Bongo Lady'
(DBN)

Judge's movie night brings the court and the public closer together
(DBN)

Judge faces investigation over "lost luggage" case
(DBN)

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Wall Street:

 

U.S. stocks end higher after Fed leaves interest rates unchanged
(DBN)

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Layoffs:

United Taconite to idle, 420 jobs impacted
(DBN)

Relativity Lays Off 75 Staffers Prior to Potential Bankruptcy
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Personal Finance:

How rich people raise rich kids
(DBN)

9 signs your spouse could be lying about money
(DBN)

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Social Media:

Yelp shares crater after horrible reviews
(DBN)

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Finance:

Boeing could move work overseas due to Ex-Im saga
(DBN)

Businesses fume as Congress lets Export-Import Bank stay dead
(DBN)

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Gambling:

Caesars Loses Bid for Quick Appeal to Halt Bondholder Suits
(DBN)

Trump Entertainment Gets More Time to Control Bankruptcy Case
(DBN)

Wynn Resorts profit drops 72 percent in 2nd quarter
(DBN)

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Shipping:

World’s Top 3 Shipbuilders Post Record Loss on Deep-Sea Failures
(DBN)

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Distressed Investing:

Credit Giants Weigh In On Distressed-Debt Market
(DBN)

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IP:

Sometimes Your Collateral is Source Code, which is Actually Nothing
(DBN)

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Economy:

FOMC Statement: No Change in Policy, No Clues for September The Fed is still waiting Stifel: FOMC will not raise interest rates in September These Economic Reports Will Determine When the Fed Will Raise Rates
(DBN)

How large will the first Fed Funds Rate increase be?
(DBN)

Can you guess Janet Yellen's single favorite word?
(DBN)

Raising wages to $15 would do this to fast food prices
(DBN)

Today marks the end of an era
(DBN)

Americans are losing confidence in the economy
(DBN)

US Debt Clock
(DBN

Economic Indicators Dashboard
(DBN)

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Real Estate:

US Pending Home Sales Slip in June Weak home purchase contracts hint at pause in sales activity
(DBN)

Share of seriously underwater foreclosures hits new low
(DBN)

Here are the 10 healthiest housing markets
(DBN)

This is why you can't blame Millennials for low homeownership rates
(DBN)

Bill to kill $3M raises for Fannie, Freddie CEOs gains momentum
(DBN)

Demand growing for rent-to-own homes
(DBN)

Why Is This Man Smiling? He Knows Something About Debt
(DBN)

____________

Municipalities:

Chapter 9 and Federal Courts: The Detroit Blueprint
(DBN)

Treasury’s Lew Says Puerto Rico Crisis Must Be Resolved Locally
(DBN)

"We own it. It is ours. We are responsible for it. It is our colony, and we rule over it. It is $73 billion in debt."
(DBN)

Puerto Rico Missing Bond Payment Might Bring Woe, if Not Default
(DBN)

U.S. Investigates Ex-UBS Puerto Rico Adviser Over Loans for Debt Funds
(DBN)

Hedge Funds Want Puerto Rico To Fire Teachers To Pay Them Back
(DBN)

Duggan hails ‘major upgrade’ in city’s bond rating
(DBN)

San Bernardino, police negotiators agree on contract
(DBN)

Governance Reform and the Judicial Role in Municipal Bankruptcy
(DBN)

____________

Retailing:

Marc Leder: Good Business Sense Should Protect Shoppers Sharon Levine: Existing Safeguards Protect Shoppers Shaunna D. Jones: Don’t Disrupt Bankruptcy’s Level Playing Field
(DBN)

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Politics:

Donald Trump rages after lawyer describes his 'absolute meltdown' at deposition Donald Trump’s lawyer apologizes for ‘inarticulate comment’ about marital r--- The bizarre story of Donald Trump’s fake university Donald Trump touted a poll that said he'd be an 'unmitigated disaster' against Hillary Clinton The GOP's real pickle: If/when Trump bows out Kochs freeze out Trump Donald Trump’s surge is all about less-educated Americans Trump schools Republican establishment Donald Trump: 'I'll ride into the sunset' if my campaign tanks The Donald v. The World
(DBN)

A high-profile Democratic congressman was just indicted on almost 30 corruption-related charges
(DBN)

The media are punishing Sanders and Trump
(DBN)

Rick Perry Channels Warren in 'Too Big to Fail' Speech
(DBN)

Akin Gump and Sullivan & Cromwell donate to Hillary Clinton camp
(DBN)

____________

Celebs:

50 Cent on bankruptcy filing: 'It’s strategic'
(DBN)

An ex-NBA player who blew nearly $100 million is turning his life around while working at Starbucks
(DBN)

70s Star David Cassidy Talks Bankruptcy Auction
(DBN)

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Oil/Gas:

Crude oil is spiking Oil Rises After U.S. Crude Stockpiles Decline Amid Output Drop
(DBN)

Anadarko and Hess Cross Swords With Saudi Arabia
(DBN)

Long-Predicted U.S. Shale Production Collapse May Not Materialize Yet
(DBN)

Anadarko CEO: Outlook still uncertain for shale comeback
(DBN)

Miller Energy hopes to avoid bankruptcy
(DBN)

Samson Resources to file for bankruptcy protection
(DBN)

Buccaneer bankruptcy demand hits businesses, agencies
(DBN)

Ceramic Proppant Is Going To Zero
(DBN)

Oil Majors Resigned To Lower Oil Price Environment
(DBN)

How oilfield services providers are getting through the night
(DBN)

____________

Agriculture:

California Drought Could Wipe Cities Off Map If Their Water Runs Out
(DBN)

____________

Movies:

Embattled Relativity Starts Layoffs Amid Chapter 11 Expectations Chapter 11 Planned for Thursday, Mass Layoffs Underway
(DBN)

Relativity Media’s Likely Bankruptcy Likely To Be A Fierce, Wild Ride
(DBN)

Relativity Media's highflying chief heads for crash landing
(DBN)

____________

Electricity:

Judge Approves Optim Energy Plan to Exit Bankruptcy
(DBN)

____________

Banking:

Only 3 new banks opened in America in last 5 years
(DBN)

____________

Healthcare:

Med-tech company Imris is headed for bankruptcy exit
(DBN)

____________

Bankruptcy Crimes:

Ridgeland man sentenced to prison for bankruptcy fraud
(DBN)

____________

Taxis:

Embattled taxi kingpin's financial headaches just got $16M worse
(DBN)

____________

Food/Beverage:

Allens' trustee: Put deal to court
(DBN)

____________

 


New Bankruptcy Opinions
(5 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (16 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (84 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:

US corporate bankruptcies down
(DBN)

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Cross-Border:

OAS Chapter 15 decision sheds new light on cross-border insolvency practice, but may add complexity to financial institutions' global credit risk management
(DBN)

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Sales:

Credit Bidding: Not An Absolute Right (And What Does That Mean?)
(DBN)

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Bankruptcy Reform:

ABI Commission Report – Orders Resolving Chapter 11 Cases
(DBN)

10 Years Later: What Have We Learned from BAPCPA?
(DBN)

____________

Involuntary Bankruptcy:

Litigants Beware: Filing an Involuntary Bankruptcy Could Make You a Debtor Rather than a Creditor
(DBN)

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Bankruptcy Alternatives:

Alternatives to a Bankruptcy Filing
(DBN)

____________

TBTF:

Senate Banking, Housing and Urban Affairs Committee: The Role of Bankruptcy Reform in Addressing Too-Big-To Fail Witnesses: Randall D. Guynn Professor John B. Taylor Professor Thomas H. Jackson Professor Simon Johnson
(DBN)

Senate Subcommittee Examines Strategies for Ending ‘Too Big to Fail’
(DBN)

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Litigation:

Is Litigation Finance Right for Your Client?
(DBN)

Cornerstone Research Releases Midyear Securities Litigation Report
(DBN)

____________

Religion:

Advocates seek Vatican inquiry of Newark, NJ, archbishop
(DBN)

____________

Coal:

Arch Coal Says Lender Objections to Debt Swap Have No Merit
(DBN)

Battered Coal Industry Still Boasts A Few Good Opportunities
(DBN)

Peabody records $1.2b loss for first half 2015
(DBN)

Peabody Energy - Thoughts About Bankruptcy And The Hedging Program
(DBN)

Alpha to sell six mines, chapter 11 expected
(DBN)

'Period of weakness' for coal business
(DBN)

____________

Student Debt:

Millennial and Gen X Minorities Regret Student Debt the Most
(DBN)

We Just Got Some New Data on America's Student Loan Burden
(DBN)

Student Loan Pains Grip Navient Investors Seeing Funding Squeeze
(DBN)

____________

Privacy:

In Bankruptcy, Private Data Stays Private
(DBN)

____________

Electricity:

11 maps that explain energy in America
(DBN)

____________

Fraud:

Judge Approves Settlement With Madoff Investor Plaza Investments
(DBN)

Rothstein Financial Adviser Faces up to 5 Years on Guilty Plea
(DBN)

____________

Education:

Now You Can Pay for College With Frequent Flyer Miles
(DBN)

____________

UK:

Bankruptcy rates at lowest level for 15 years
(DBN)

____________

PIIGS:

Lagarde urges for 'inevitable' Greek debt relief Greece is having trouble agreeing to the bailout it agreed to Alexis Tsipras vows not to be 'blackmailed' by Syriza rebels Pressed by left, Greece's Tsipras vows 'thus far and no further' Greece can only get what it wants from the lender it hates With Grexit narrowly avoided, some banks say buy Greek bonds Greek stock market unlikely to reopen this week Varoufakis reveals cloak and dagger 'Plan B' for Greece, awaits treason charges El-Erian: In Defense of Greece's Yanis Varoufakis
(DBN)

____________

Canada:

Modernizing Ontario’s Business Law: Expert Panel Releases its “Wish List”
(DBN)

____________

China:

Lagarde Says China Economy Strong Enough to Weather Stock Plunge
(DBN)

Chinese stocks were having an OK day ... until the end of the day
(DBN)

____________

Brazil:

Brazil Gives Borrowers With Record Debt a Lifeline: More Credit, But No Bankruptcy Option
(DBN)

____________

Ukraine:

Lagarde Signals IMF Board Will Back Latest Ukraine Bailout Tranche
(DBN)

____________

Bulgaria:

Amendments to Bulgaria's Bank Insolvency Act Pass 2nd Reading in Parliament
(DBN)

____________

Turkey:

Bankruptcies to see 10 pct increase in 2015, insurer says
(DBN)

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