March 12, 2015

The Daily Bankruptcy News

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Law:

Biglaw Mommy: Flex-Time And Fire Drills
(DBN)

Nationwide Layoff Watch: Sweeping Job Cuts For ‘Superior Legal Minds’ --- Kasowitz Benson confirms layoffs --- Layoffs Hit Kasowitz Benson
(DBN)

Jones Day to open office in Detroit
(DBN)

Rodgin Cohen: Don’t Give Up, Law Grads
(DBN)

Lifetime Value of Law Degree Drops Only $30k For Those Who Graduate Into a Poor Economy
(DBN)

Down With the Billable Hour, Up With Better Service
(DBN)

New Chair for Bob Lawless
(DBN)

No T14 Law Degree? No Problem! You Can Still Work At Sullivan & Cromwell
(DBN)

Winston & Strawn Pillages Pillsbury In Massive Lateral Raid --- Wake Up Call: Winston Hires Large Group From Pillsbury
(DBN)

The Overtime Fight For Document Review Continues
(DBN)

Sedgwick Settles $210 Million Legal Malpractice Case
(DBN)

Results Are In: What’s The “Hottest” Law Firm Practice Area?
(DBN)

Law Students Should Unionize To Negotiate Lower Tuition
(DBN)

Drop in Applications Spurs Changes at Law Schools
(DBN)

Practice Ready? Law Students and Practitioners Disagree
(DBN)

Dean Advises Other Deans to Punish Law Schools in U.S. News Peer Reputation Voting for Manipulating Rankings With School-Funded Jobs and Transfer Students
(DBN)

Paul Hastings Chairman on the Tragic, Avoidable Demise of a Law Firm
(DBN)

How to choose the right tie for every season
(DBN)

Winston Churchill wanted to give rare Magna Carta manuscript to US, documents show
(DBN)

Representing clients in China? Prepare to be hacked; BigLaw is a frequent target
(DBN)

5 hard-to-find iPhone tricks only power users know about
(DBN)

Flowchart: Which Apple Watch is For You?
(DBN)

Ferguson Removes Its City Manager --- Report: Ferguson Police Chief Tom Jackson is resigning --- 2 officers shot in Ferguson
(DBN)

Facebook Cites Ceglia Vanishing Act in Lawsuit Against DLA, Milberg
(DBN)

Utah lawmakers approve firing squads as execution back-up method
(DBN)

Thieves hijacked two trucks carrying $9.5 million in jewels
(DBN)

Man tries to avoid arrest by rolling in dog p---
(DBN)

Bail set at $2M for man accused of driving to mental hospital with girlfriend’s body in his vehicle
(DBN)

Paralegal takes plea in $600K law firm client theft; feds say he spent $550K on coin collection
(DBN)

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Wall Street:

Futures rise ahead of retail sales
(DBN)

Euro pulls out of dive, stocks edge higher
(DBN)

Euro slides to 12-year lows, US stocks close lower
(DBN)

Wall Street jobs rise for first time in four years
(DBN)

How Wall Street bonuses have exploded since 1986 --- Did you get a $173,000 bonus last year? The average on Wall Street was nearly that big
(DBN)

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Layoffs:

United Airlines to cut 332 jobs
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Banking:

Doral Financial files for Chapter 11 bankruptcy --- First Day Dec
(DBN)

Big Banks Struggle to Pass Fed's 'Stress Tests'
(DBN)

Huge day for banks as Fed rules on buybacks, dividends --- 29 Banks Approved to Return More Capital to Shareholders
(DBN)

Banks May Want to Consider Expiration Date for Top Job
(DBN)

The US banks passed the Fed stress test, but the US arms of two foreign banks failed
(DBN)

Two of Europe's biggest banks just got slammed by the Fed
(DBN)

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Retailing:

Worry about this bad sign for retailers
(DBN)

RadioShack's Bankruptcy : A Golden Opportunity For Amazon?
(DBN)

Cooley Selected as Co-Counsel to RadioShack Creditors’ Committee
(DBN)

Will Aeropostale Be The Next 90s Brand To Join Wet Seal And dELiA*s In Bankruptcy?
(DBN)

A department store no one talks about is beating Wal-Mart, Amazon, and TJ Maxx
(DBN)

I Was Wrong On Alco Stores
(DBN)

Sheriff's sale of vacant Rolling Acres Mall postponed again
(DBN)

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Healthcare:

Developer of Chesterfield senior housing files bankruptcy
(DBN)

Six Hospitals at Risk after Sale to Prime Healthcare Falls Apart
(DBN)

Daughters' deal fallout: Prime blasts Kamala Harris over 'blatantly false claim' - Silicon Valley Business Journal

Daughters of Charity owners start search for new buyer from scratch
(DBN)

Three medical office buildings in Charlotte to be auctioned as part of bankruptcy proceeding
(DBN)

El Paso Children's Hospital Prognosis: Still The Same - Max Powers

The same blood test costs $10 — or $10,000
(DBN)

The health insurance deductibles are too damn high, in one chart
(DBN)

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Fraud:

TD Bank Payment Clears Way for Rothstein Bankruptcy Deal
(DBN)

3 sent to federal prison in massive Vegas tax fraud scheme
(DBN)

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Mining:

As Expected, Allied Nevada Files For Chapter 11
(DBN)

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Student Debt:

The Student Aid Bill of Rights: Enhancing Protections for Student Loan Borrowers
(DBN)

What's missing in President Obama's plan for student loan reform
(DBN)

Elizabeth Warren to Obama Administration: Help Me Tackle Student Debt
(DBN)

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Taxis:

Inside Big Taxi's Dirty War With Uber
(DBN)

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Economy:

A Little-Watched Report Is Boosting Estimates for U.S. Economic Growth in Late 2014
(DBN)

Most Americans, inexcusably, don't know Fed chief Yellen
(DBN)

The Fed Under Fire
(DBN)

Real Wages Are Rising
(DBN)

3 signals that the Fed is about to raise interest rates
(DBN)

US Millennials Among World's Least Skilled
(DBN)

Robert Reich: The 3 biggest myths plaguing the U.S. economy
(DBN)

Here's why Thomas Piketty doesn't think Republicans are 'really serious' about income inequality
(DBN)

US Debt Clock
(DBN

Economic Indicators Dashboard
(DBN)

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Real Estate:

U.S. Housing Policies Should Reflect Millennials Postcrisis Reality
(DBN)

Why the return of low down payment mortgages is a good thing
(DBN)

Freddie Mac: 2015 best year for home sales in 8 years
(DBN)

Houston Home Sales Fall for the First Time in Six Months
(DBN)

Creditors say Horizon Group Management defrauded them
(DBN)

Fannie, Freddie lobbyist played “big role” in NY AG’s mortgage finance investigation
(DBN)

IA: Appeals court dismisses Civic Partners' bankruptcy appeal
(DBN)

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Municipalities:

Supremacy's claws: How two judges are changing the pension debate
(DBN)

Puerto Rico's Agencies Don't Need Chapter 9 Bankruptcy
(DBN)

Detroit bankruptcy named 'Restructuring of the Year' as lawyers get accolades and firm announces Michigan office
(DBN)

Rockford mayor backs bankruptcy remedy for cities
(DBN)

PA: Pension issues a big concern for state's fiscal watchdog
(DBN)

Lincoln Institute CEO charts civic challenges to sustain solvency
(DBN)

America's Best and Worst Run Cities
(DBN)

TX: House Plan Would Fix State Pension Fund
(DBN)

Illinois pension reform hinges on 40 words --- Illinois Pension Bout Tests Nation Grappling With Shortfalls
(DBN)

California pension reform measure targets Calpers with May launch
(DBN)

Michigan, other states paying painful price now for tax incentives to lure business
(DBN)

The 25 most economically powerful cities in the world
(DBN)

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Celebs:

Why Warren Buffett is $72 billion richer than you
(DBN)

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Oil/Gas:

Thurs. A.M.: Brent climbs above $58 on contract covering, geopolitical tension
(DBN)

Weds. P.M.: Oil drops under $48 as crude supply rises --- U.S. crude stores up by 4.5 million barrels
(DBN)

From Crashing Crude Prices to Chapter 11: More O&G Bankruptcies
(DBN)

Get ready for oil deals: shale is going on sale
(DBN)

Shale Plays Suffer from More Than Declines
(DBN)

Preparing for and Adapting to Lower Oil Prices
(DBN)

Can U.S. shale survive a price war?
(DBN)

Dune Energy to begin 'swift' bankruptcy process
(DBN)

Hercules Offshore hires advisors as oil downturn crunches liquidity
(DBN)

Walter Energy engages legal counsel as liquidity levers dwindle
(DBN)

No One Knows Where Oil Prices Are Going
(DBN)

Why This Oil and Gas Producer Isn't Built to Last
(DBN)

The U.S. Has Too Much Oil and Nowhere to Put It
(DBN)

World Bank: OPEC Could be Finished Soon
(DBN)

Bracing for bankruptcy
(DBN)

Petronas prepares $7 billion bond as borrowing costs soar on oil
(DBN)

____________

Ethanol:

NYT: End the Ethanol Rip-Off
(DBN)

Advanced biofuel group breaks with ethanol allies on federal mandates
(DBN)

____________

Gambling:

Caesars attorney: Company ‘looking seriously’ at lost pension payments
(DBN)

Caesars Unit Replaces Financial Adviser After Perella Shakeup
(DBN)

What could happen at (latest) Revel casino sale hearing
(DBN)

____________

Religion:

Isn’t It Time for Judge Randa to Step Down?
(DBN)

Catholic Church Claims It Can Refuse To Pay Victims Of Sex Abuse Because Of Religious Freedom
(DBN)

Vatican defrocks priest convicted of abusing boys
(DBN)

____________

Personal Finance:

Here's how much you should have saved up for retirement by now
(DBN)

8 super-successful people share their best advice on how to quit a job
(DBN)

I've been working from home for 7 years — here's what I've learned
(DBN)

7 times it just isn't worth it to buy generic
(DBN)

Only Idiots Don’t Play Politics
(DBN)

____________

Television:

Aereo Just Can't Let Go
(DBN)

____________

Pensions:

PBGC Study: Multiemployer Guarantee Will Cover a Smaller Share of Benefits in Future Plan Failures
(DBN)

____________

Viaticals:

Bankruptcy judge orders trustee to take reins at Life Partners
(DBN)

____________

Hotels:

Bonaventure Resort reports layoffs of 296 workers
(DBN)

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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 (19 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (8 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:

Survey sees potential for rise in Chapter 11 filings this year
(DBN)

Interactive Bankruptcy Statistics Map
(DBN)

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Bankruptcy Reform:

Obama OKs study to see whether student loans should be dischargeable in bankruptcy
(DBN)

Executory Contracts: Dysfunctional Analysis Part 1
(DBN)

March Madness Kicks Off – All About the ABI Report
(DBN)

____________

Involuntary Bankruptcy:

Three’s a Crowd: Payoffs, Numerosity, and Involuntary Petitions
(DBN)

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Corporate Governance:

An Alarming Liability Award Against Not-for-Profit Organization’s Directors and Officers
(DBN)

____________

Flooring:

Lumber Liquidators' Campaign Of Deception
(DBN)

____________

Batteries:

Exide closing Vernon plant to avoid criminal prosecution
(DBN)

____________

Toll Roads:

Australian company buys bankrupt Toll Road vendor
(DBN)

Australia's IFM Investors to pay $5.7 bln for Indiana toll road
(DBN)

Counties left in the dust in toll road bid plan?
(DBN)

____________

Education:

The Sad Fate of Sweet Briar's Professors
(DBN)

College Tuition Is Rising Faster Than Inflation
(DBN)

____________

Food/Beverage:

Lawsuit-riddled pasta maker is in hot water
(DBN)

____________

Celebs:

Josh Peck -- I'm Not Doing a Flick With My Bankrupt Bro Drake
(DBN)

Suspicious Fires Twice Destroyed Key Sharpton Records
(DBN)

____________

Golf:

Malibu Golf Club closes, owner files for Chapter 11 bankruptcy
(DBN)

____________

Electricity:

Energy Future nets OK for $750M partial repay of EFIH 2nd-lien notes
(DBN)

Oncor, up for sale, attracts multiple bidders
(DBN)

___________

Coal:

Coal Industry Takes Another Hit
(DBN)

____________

Distressed Investing:

This 27-Year-Old Made Millions Riding the Death Spirals of Penny Stocks - Lending failing companies money
(DBN)

____________

Sovereigns:

Argentina: Holdouts reject country’s appeal
(DBN)

____________

UK:

BOE’s Weale: Decision on Whether to Raise Rates Finely Balanced
(DBN)

RBS face £4m bill after seven-year pursuit of bankrupt developer fails
(DBN)

Morrisons just unveiled the worst profit results in eight years with a 52% plunge
(DBN)

____________

EU:

Piketty: The Euro Zone is Now a Monster
(DBN)

The collapse of the euro is fantastic news for Europe's recovery
(DBN)

Euro Plunge Is Picking Up Pace
(DBN)

____________

PIIGS:

A German king, a Greek crown - historic roots of troubled ties --- Greek-German ties are deteriorating
(DBN)

Meanwhile In Greece, "Emotional Apathy Sinking In"
(DBN)

Greek minister: 'radically opposed' to some privatizations
(DBN)

____________

Canada:

Province announces $7.6M in funding for Everest students --- Ontario government has done right by traumatized Everest students
(DBN)

Port authority interested in U.S. Steel land
(DBN)

Why Wal-Mart Succeeded Where Target Failed
(DBN)

____________

Ukraine:

IMF approves $17.5 billion loan program for Ukraine
(DBN)

US sends more security equipment to Ukraine, sanctions rebels
(DBN)

____________

China:

China's demand problem
(DBN)

China's biggest shipyard goes under
(DBN)

____________

Austria:

Haider comes back to haunt Austria's finances
(DBN)

Insolvency still possibility for Austrian bad bank Heta - watchdog
(DBN)

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