October 16, 2015

The Daily Bankruptcy News

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Law:

Managing partners show declining confidence in the legal industry, survey finds
(DBN)

Sullivan & Cromwell Scales Back Vacation, Caps Overtime Dinners In Leaked Memo
(DBN)

Judge declines to declare mistrial in Dewey & Leboeuf criminal trial Zonked Dewey Jury Sent Home, Told ‘Root for the Mets’ Dewey Drama Continues as Defense Splits on Jury Endgame
(DBN)

Ex-Dewey CFO’s Law Firm Expands
(DBN)

Feds Accuse Sidley Lawyers of Harassing Witnesses
(DBN)

DLA partners investigated by SRA over Nuttergate DLA partner investigated by SRA over Gashgate DLA Piper silent on rumors of investigation
(DBN)

These BigLaw firms gained and lost the highest percentage of lawyers this year
(DBN)

Life After Being An AUSA
(DBN)

Transactional Work Is Going To Die (In Small Firms)
(DBN)

Figuring Out Your Small-Firm Billing Philosophy
(DBN)

Do You Recognize ‘Woman At A Meeting’ Speak?
(DBN)

Tight Market, Year-End Crunch Clouding Fiscal Outlooks in NJ
(DBN)

Who’s To Blame For The Falling Bar Exam Pass Rates?
(DBN)

How Biglaw Litigators Use 3D Printing
(DBN)

How Social Media is Changing the Practice of Law
(DBN)

Linklaters' Crowdsourcing Survey - LOL
(DBN)

The end of the law office versus the beginning of imaginarium
(DBN)

Failure-to-Re-Launch Lawyers - Probably You Were "Excellent Sheep"
(DBN)

Supreme Court considers case of litigant who ‘won’t take yes for an answer’
(DBN)

Law grad seeks to take the bar exam despite conviction for s**-related offenses in 1998
(DBN)

Appeals court nixes 10-year plea deal in claimed contract hit attempt on family lawyer
(DBN)

Ex hedge-fund honcho who hid computer in ceiling of his lawyer’s office convicted of fraud
(DBN)

Former House Speaker Hastert will plead guilty in hush money case, his lawyers say
(DBN)

Desperate, Unemployed Lawyer Arrested For Bank Robbery
(DBN)

Lawyer who blamed staff for layoffs suspended and firm shut down
(DBN)

Lawyer charged in incident at judge’s home was a crime victim minutes earlier, his counsel says
(DBN)

Louisville Escort Scandal Adds Lawyer From Bottom Of Trashcan
(DBN)

Cops: Man, 21, Beat Girlfriend Over Hamburgers
(DBN)

18% of lawyers would quit their job to go on The Apprentice
(DBN)

D.C. Church Claims Bike Lane Would Violate Freedom Of Religion
(DBN)

Bridge Of Spies: A Must-See Legal Thriller
(DBN)

Man takes plea in case over Facebook comments he made about trial
(DBN)

Cooley law grad who wanted to be a lawyer since 14 is a prosecutor at 20
(DBN)

Court Hears Arguments On Whether Defendants Can Bribe Class Action Plaintiffs
(DBN)

Court directs employer to allow worker to watch p--- during lunch hours
(DBN)

Protesting lawyer becomes unlikely star of Reddit Photoshop battle
(DBN)

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Judges:

5th Circuit OKs conviction that led to 20-year prison term for lawyer who bribed judge
(DBN)

Judge Denies Making 'Vulgar' Remarks in Courtroom
(DBN)

And This Is Why God Made Appellate Lawyers
(DBN)

______________

Wall Street:

 

Dow adds 200 points as stocks extend gains Stocks Rise as Stimulus Bets Spur $4.1 Trillion Gain; Oil Climbs
(DBN)

Wall Street bonuses likely to plunge because...
(DBN)

______________

Layoffs:

Lockheed to cut 250 jobs
(DBN)

$12M in bankruptcy settlement for ex-steel company workers
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Food/Beverage:

6 A And P-Owned Supermarkets May Close Soon, Report Says
(DBN)

A&P stores' cupboards go bare after auctions, sales
(DBN)

Landlord offers $775K for Fair Lawn Pathmark
(DBN)

A&P bankruptcy : Union backs down on demands
(DBN)

Manhattan Juice bar chain Organic Avenue is shuttering all 10 stores
(DBN)

Judge clears Haggen plan to quickly dispose of most stores Union calls auction 'drastically premature'
(DBN)

Burkle's Fresh & Easy Is Said to Prepare for Bankruptcy Filing
(DBN)

____________

Coal:

Fitch: Higher Default Rates Expected For US Coal Sector
(DBN)

Alpha Natural Discloses Payments to Climate Change Skeptic Chris Horner
(DBN)

Coal's Unlikely Champion? A Jersey Health Lawyer
(DBN)

____________

Politics:

Ben Carson Spent More Than Two-Thirds of His Third-Quarter Haul Chris Christie Raised $4.2 million Last Quarter, Spent $2.8 Million
(DBN)

Mr. Vice President, Are You Running for President?
(DBN)

What I'd do to fix the debt crisis: Lindsey Graham
(DBN)

What Bernie Sanders said about not being a billionaire
(DBN)

How CNN Dumbed Down the Democratic Debate
(DBN)

8 charts that explain the first Democratic debate
(DBN)

So Long Bobby Jindal?
(DBN)

Trump, Carson Threaten to Boycott Debate
(DBN)

____________

Pensions:

Retired truck drivers could see their pension checks cut in half
(DBN)

____________

Hedge Funds:

The news keeps getting worse for hedge funds
(DBN)

____________

Asset Protection:

Charging Order Jurisdictional And Foreign LLC Issues Become Clearer In Vision Marketing
(DBN)

____________

Finance:

Why The IPO Troubles Of First Data And Albertsons Show Turn In Bull Market For Risky Debt
(DBN)

____________


Economy:

Jobless Claims in U.S. Fall to Match Lowest Level Since 1973
(DBN)

More Cracks Showing Up in US Economy
(DBN)

Study: Contagion That Led to Great Recession
(DBN)

Whether a Job Requires a Degree May Shift with the Economy
(DBN)

Negative rates work their way on to radar for a few at the Fed
(DBN)

US Corporates' $119 Billion Interest Bill Shows That The Fed's QE Worked Just Fine
(DBN)

10 Questions on the U.S. Debt Ceiling
(DBN)

The misery index has hit a 59-year low — surprised?
(DBN)

The U.S. Economy Is Slowing: Blanchflower
(DBN)

Why Social Security Checks Likely Won’t See a Big Increase in 2017, Either Social Security discounts data on elderly inflation How (and why) to make your Social Security act like the walking dead
(DBN)

U.S. budget deficit hits fresh Obama-era low U.S. Budget Gap Hits Eight-Year Low as Tax Receipts Reach Record
(DBN)

Report: ‘Crony Capitalism’ Hurts the U.S. Economy
(DBN)

If the U.S. Government Treated Poor People as Well as It Treats Banks
(DBN)

Economist to Dudley: No one knows what Fed’s doing Why Investors Are Betting Against a December Rate Hike Fed policymakers downplay divisions on US rate hike Fed's Mester says economy can handle hike
(DBN)

How Congressional Chaos Could Make It Harder to Measure Economic Growth
(DBN)

American manufacturing is in a recession Factories look bad in Philly Fed, Empire State
(DBN)

Millennials to employers: We want our dogs at work
(DBN)

Is There Fourth-Quarter Trouble for Corporate Debt?
(DBN)

How Much Does a Big Mac Cost Around the World?
(DBN)

US dethroned as world's billionaire capital
(DBN)

Things Americans Fear the Most
(DBN)

US Debt Clock
(DBN

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

Freddie Mac: Mortgage rates stay below 4%
(DBN)

Why Can't Something Be Done About Our Broken Home Mortgage System?
(DBN)

____________

Municipalities:

How Bad Are Puerto Rico's Debt Problems?
(DBN)

Understanding the Difficulties of Puerto Rico's Debt
(DBN)

Puerto Rican leaders call on U.S. for help as default looms
(DBN)

Puerto Rico Bonds Show Skepticism for Quick Relief From Treasury
(DBN)

CA: School board declines to comment on potential bankruptcy
(DBN)

Most California cities back new pension strategy despite cost
(DBN)

Winning Illinois lottery an exercise in futility
(DBN)

Texas Comptroller Issues a Wake Up Call
(DBN)

Muni Market Proving Haven for Buyers of Junk Issuers Amid Rout
(DBN)

____________

Banking:

Citigroup profit soars as lower costs trump revenue fall
(DBN)

Goldman earnings miss as bond trading slumps Goldman Plays Outdated Debt Game
(DBN)

____________

Pharma:

Valeant subpoenaed by US prosecutors; shares slump
(DBN)

____________

Resorts:

No Baha Mar Deal Before Nov 2 Is 'Chilling Prospect'
(DBN)

____________

Alternative Energy:

Texas AG Settles Lawsuit Over Mislabeled, Foreign Solar Panels
(DBN)

____________

Celebs:

‘Dance Moms’ Stars Seemingly Throw Shade At Abby Lee Miller On Twitter After Bankruptcy Fraud Charges
(DBN)

____________

Oil/Gas:

Recent Chapter 11 filings
(DBN)

Oil prices fall after inventory data show a big build Rising inventories, falling crude U.S. Crude Inventory Build Stuns Oil Markets
(DBN)

Coming Down the Pipeline: US Energy Credit Lines Face 35-40% Cuts
(DBN)

Is The Oil And Gas Fire Sale About To Start?
(DBN)

How Banks Funded the U.S. Oil Boom and (So Far) Escaped the Bust
(DBN)

Commodity Meltdown: 19 Oil and Gas Companies in Bankruptcy
(DBN)

A severance tax is the least of their worries - these are tough times for frackers
(DBN)

Playing pass-the-risk in the shale patch
(DBN)

Analyst: Chance Of Oil Dropping To $20 Is Less Than 50%
(DBN)

U.S. Shale Is Too Adaptive For The Saudis To Kill
(DBN)

Schlumberger Hints At More Cost Cuts Oil slump cut Schlumberger’s profits nearly half, CEO says
(DBN)

____________

Hockey:

Florida Panthers may get more tax dollars to curb financial losses
(DBN)

____________

Fraud:

After Mistrial, Feds Will Retry Cay Clubs Founder In November
(DBN)

Bank Hit With $72 Million Judgment For Role In $100 Million Ponzi Scheme
(DBN)

Judge OKs $18 million Fair Finance interim distribution
(DBN)

Galleon founder Rajaratnam, fund sued by his brother for $13.5 mln
(DBN)

____________

Retailing:

Quiksilver wins court approval of Oaktree bankruptcy loan
(DBN)

American Apparel lays out post- bankruptcy plan American Apparel sees bright future after bankruptcy
(DBN)

____________

Accounting:

Accounting for Law Firms: Best Practices Lawyers Should Know
(DBN)

____________

Healthcare:

Hospital Shares Swoon as HCA Earnings Projection Disappoints
(DBN)

Children's doctors react to newly filed joint plan
(DBN)

How Will Sale of Saint Michael's Transform Healthcare in Newark?
(DBN)

Forest Park's business model is broken, and there's no easy cure More health woes for I-10 corridor
(DBN)

____________

 


New Bankruptcy Opinions
(4 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (21 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (13 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)
(DBN)

Seminars - (Contact us to list your seminar)

______________

Claims Trading:

Judge Revokes Sale of Firm's Bernard Madoff Claim
(DBN)

____________

Sealed Filings:

Want to Know a Secret? Go to Bankruptcy Court
(DBN)

____________

Discharge:

Penalty Owed to a Governmental Unit is Dischargeable in Chapter 13 - But Not Chapter 7 - Bankruptcy, Even if it Arises from Fraud
(DBN)

____________

Bankruptcy Reform:

Bankruptcy Law Had Unintended Impact on Businesses
(DBN)

Ten Years On, Bankruptcy Reform Proves a Bipartisan Triumph
(DBN)

Bankruptcy Reform Worked, But Didn't Go Far Enough
(DBN)

____________

Conflicts:

Not All Conflicts of Interest Can Be Waived!
(DBN)

___________

TIA:

Barbarians at the (marble)gate?
(DBN)

____________

Plan Confirmation:

Section 1144 Action Moot After Findings of Substantial Consummation
(DBN)

____________

Awards:

Jacoby to be Inducted as American College of Bankruptcy Fellow
(DBN)

____________

Litigation:

Litigation Finance Firms: Clients Tell Us About The Players That Matter
(DBN)

____________

Insurance:

New Delaware Filing – Affirmative Insurance Holdings, Inc.
(DBN)

____________

Autos:

Volkswagen: Where were the lawyers? U.S. Pursues Several Paths in Volkswagen Probe VW’s Dieselgate Scandal Could Cost Up To $87 Billion In Total
(DBN)

____________

Gambling:

Fresno's Club One files for bankruptcy protection
(DBN)

How Will the Government Change the Game for Daily Fantasy Sports? Daily Fantasy Sports Sites Ordered to Shut Down in Nevada
(DBN)

____________

Mass Torts:

Ex-Employee of AkinMears Sues Firm, Alleges Millions Owed For Arranging Financing To Buy Cases
(DBN)

____________

Celebs:

Cent Responds to Rick Ross' Comments About His Bankruptcy Case
(DBN)

Heyl: With 'Dance Moms' star charged, imagine the spinoff possibility
(DBN)

Randy Quaid and Wife Released from VT. Jail
(DBN)

____________

Electricity:

Power plant's fall comes five years after rise
(DBN)

____________

Steel:

Court approves Sparrows Point settlement, dismisses bankruptcy
(DBN)

____________

Opera:

Opera Lyra shuts down current season
(DBN)

____________

Student Debt:

Sheila Bair pinpoints cause of student debt crisis
(DBN)

Feds Fight To Make Bankrupt Man, Unemployed For A Dozen Years, Pay Back Student Loans
(DBN)

____________

Sovereigns:

'Vulture fund' gets image reboot on EMC deal
(DBN)

Brazil & Argentina : Only One Getting Real
(DBN)

Russia is lone holdout from Ukraine debt swap deal
(DBN)

Russia Insists Ukraine Should Pay Debt or File for Bankruptcy $3bn debt paves way for Russia-Ukraine legal battle
(DBN)

____________

UK:

Insolvency expert: Winding-up petition 'catastrophic' for Northampton Town
(DBN)

PwC and Cattles settle £1.6bn auditors' negligence claim
(DBN)

Slater & Gordon rival goes bust
(DBN)

____________

Brazil:

Fitch Takes Various Actions on Brazilian Corporates
Fitch Cuts Brazil to Cusp of Junk Amid Worsening Recession (DBN)

____________

Indonesia:

S&P warns of defaults after Indonesia telecoms firm seeks debt restructuring
(DBN)

____________

China:

‘Zombie companies’ should be weeded out
(DBN)

____________


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