October 30, 2015

The Daily Bankruptcy News

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Law:

U.S. judge rejects creditors' request to remove Caesars' lawyers
(DBN)

A Day in the Life of a Big Law Partner
(DBN)

Firms face life or death challenge over innovation, says Lexis report
(DBN)

Hogan Lovells fights subpoena for its files
(DBN)

Desperate law schools are admitting too many poorly qualified students.
(DBN)

Bonus culture delivers wrong messages to associates, says NY law professor
(DBN)

Dumping Your Spouse Could Jump-Start Your Career
(DBN)

The ‘Nice To Haves’ For A Small-Firm Practice
(DBN)

Women In Law: Making Rain, Climbing the Ladder and Forging Your Path
(DBN)

Law Firms Could Go Paperless by 2020 Going Paperless May Mean Less Rental Space for Law Firms
(DBN)

Why Lawyers Should Not Feel So Sure Of Themselves
(DBN)

Kilpatrick Townsend to merge with 21-lawyer Dallas firm
(DBN)

Baker Botts increases California presence with San Francisco launch
(DBN)

UK 200: Latham still number one international firm in London
(DBN)

GC: Big Law Firms May Have Tough Time In Detroit
(DBN)

Dean Allard Responds To New York Times Editorial On The Law School Crisis
(DBN)

New Owner To Turn Charleston Law School Into Non-Profit, Ending Possibility Of Sale To Infilaw
(DBN)

Harvard Law To Digitize All Case Law For Free; Are Paid Competitors Worried? Ravel and Harvard "Free the Law": You've Read the News, Now Watch The Movie: Spine-tingling Scenes of Libra-cide
(DBN)

4 Attorneys Paved the Way to Kill bin Laden
(DBN)

It's not just the iPad — the entire tablet market is in decline
(DBN)

The new iPhone update is shutting off some people's alarms and making them late to work
(DBN)

The 11 best new iPhone and Android apps you might have missed recently
(DBN)

I had a speech coach analyze my voice and found out I’m making 4 huge mistakes
(DBN)

Believe it or not, the comb-over is suddenly in vogue
(DBN)

Want to be more productive? New desk lets user work while lying down
(DBN)

Prosecutor Pulls Pistol On Fake Spiders Decorating Office
(DBN)

Attorney testifies in murder case, says he found spent bullet in then-client’s home
(DBN)

Flight attendant admits he smuggled cocaine in his spandex
(DBN)

Sometimes Being Vindicated Doesn’t Help At All
(DBN)

Witch wins protective order against warlock in Salem court
(DBN)

Pig’s head-carrying Christians ejected from Muslim festival may collect damages, 6th Circuit says
(DBN)

Storm isn't over for Ashley Madison cheaters
(DBN)

Attorney Talks About The Apple Watch
(DBN)

BigLaw v. The Rest Of Us: A car park comparison
(DBN)

Retired Florida cop will use ‘stand your ground’ defense after gunning down moviegoer who threw popcorn at him
(DBN)

For One Illegal Poacher, the Most Dangerous Game of All Was the Lion that Ate Him
(DBN)

Unexpected excitement as trainee vomits on lawyers at awards
(DBN)

Law firm website depicts senior partner as laughing crow
(DBN)

Twin Sisters Arrested For Armed Robbery
(DBN)

Report: Houdini-Like Outlaw Sheriff's Deputy Can't Stop, Won't Stop
(DBN)

How To Not Get Away With Bad Storytelling
(DBN)

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Judges:

Former Chief Judge of the U.S. Bankruptcy Court of the District of Maine Joins Bernstein Shur
(DBN)

Discipline recommended for judge who put woman on probation, then wrote her seeking relationship
(DBN)

Why Is Rubio Blocking His Own Judicial Nomination?
(DBN)

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Wall Street:

U.S. stocks eye small gains
(DBN)

U.S. stocks come under pressure after weaker economic data
(DBN)

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Layoffs:

General Mills to cut more jobs and close more plants
(DBN)

The 12 jobs most at risk of being replaced by robots
(DBN)

Deutsche Bank Bonus/Layoffs Watch ’15: The Bonus Is You Get To Keep Your Job l advisers face uncertainty as bank retrenches
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Politics:

The best ideas and worst ideas of the Republican debate 3 winners and 3 losers from Republican debate The conservative war on the mainstream media hit a new phase at the GOP debate How Republican debate stands up to fact checking GOP has itself to blame for shoddy debate format GOP debate comes up short on tax, budget solutions Zingers! The debate's best quotes College-level speaking not required at GOP debate Who Won The Third Republican Debate In Terms Of Temperament? Nobody Ben Carson Wants Debate Changes, Citing ‘Gotcha’ Debate Fantasy Follow-Up Questions From GOP Debate
(DBN)

Trump says gun-free zones are targets for ‘sickos and for the mentally ill.’ Is he right? A screenshot from his Web site reveals Donald Trump’s true feelings about immigration What Trump was trying to say about immigration Donald Trump’s entire debate performance on immigration was a massive flip-flop This is the one thing that sets Donald Trump apart from other negotiators
(DBN)

Secretaries, billionaires, and Ted Cruz’s strange kind of populism Ted Cruz Tax Plan Would Yield Big Gains to Top 1% — Report Cruz adds to GOP divide on how best to overhaul tax system Cruz's Simple Flat Tax Plan Cruz Fact Check: "Under Barack Obama and the big government economy, the median wage for women has dropped $733."
(DBN)

Carly Fiorina and the problem of smiling while woman Forina Fact Check: "92 percent of the jobs lost during Barack Obama’s first term belonged to women." Cornered Carly Fiorina turns hostile rather than explain why she lied during Wednesday’s GOP debate
(DBN)

There’s actually a big economic fight happening in the Democratic Party
(DBN)

Bernie Sanders has a pretty revolutionary idea to change America’s post offices
(DBN)

Ben Carson’s Mannatech Problem Carson: 'I was wrong' about oil subsidies Huh? Carson's Healthcare Overhaul
(DBN)

Five Revealing Economic Exchanges From the Republican Debate Best quotes about business from 10 candidates at Republican presidential debate
(DBN)

Bankruptcies emerge as issue in several mayoral races
(DBN)

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Cameras:

GoPro plummets 18% to an all-time low after weak earnings and ugly guidance
(DBN)

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Resorts:

Izmirlian 'Planned To Make Baha Mar Redundancies'
(DBN)

Baha Mar may not open for another year
(DBN)

Baha Mar Founder Said to Offer Funding to Prevent Liquidation
(DBN)

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Electricity:

Energy Future Holdings Fights $460 Million Interest Claim
(DBN)

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Banking:

Deutsche Bank's New Strategy of Trimming Clients, Jobs
(DBN)

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Shipping:

The big-box game
(DBN)

____________

Fraud:

Ex-Skadden Lawyer Who Botched Suicide Pleads Guilty To Running $5M Ponzi Scheme
(DBN)

Florida Woman Gets 9-Year Sentence For $25 Million Ponzi Scheme
(DBN)

Stanford's Appeal Denied; 110-Year Sentence Stands
(DBN)

Charles Bennett - Sad Ending To Ponzi Scheme, But Not A Life
(DBN)

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Economy:

Inventories hurt US third-quarter GDP, domestic demand strong America's Merchandise Trade Gap Shrinks to Seven-Month Low Inventory Correction Masks Resilient Demand in U.S. GDP Report
(DBN)

Treasuries Decline as Chances of 2015 Fed Rate Boost Reach 50%
(DBN)

Senate OKs debt limit, budget bill, sends to Obama
(DBN)

US economy slowed to 1.5% growth rate in third quarter U.S. Economy Slows, but Consumers Are Still Spending Economists React to Third-Quarter GDP: ‘Growth Should Pick Up’
(DBN)

The World Bank's Distorted Rankings
(DBN)

What U.S. Growth Looks Like Without the Government Spending Slowdown
(DBN)

Fed's New Neutral Policy of Zero or Negative Rates
(DBN)

Why the market is misreading the Fed decision
(DBN)

Why Education Reform Can’t Fix American Inequality
(DBN)

Weekly Initial Unemployment Claims increased to 260,000, 4-Week Average Lowest since 1973
(DBN)

Americans have spent their gas savings on gas
(DBN)

This Kardashian headline shows why two Nobel winners say the economy is broken
(DBN)

Larry Summers: The Wall Street Journal published the 'single most confused analysis' of the Fed I've read this year
(DBN)

Bernanke’s Biggest Blunder
(DBN)

The 2 US jobs suffering the biggest wage declines
(DBN)

US Debt Clock
(DBN

Economic Indicators Dashboard
(DBN)

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Real Estate:

New Case Poses Threat to Mortgage Servicers in Bankruptcies
(DBN)

NAR: Pending Home Sales Index decreased 2.3% in September, up 3% year-over-year
(DBN)

Freddie Mac: Mortgage rates barely waver, move lower
(DBN)

Data show even housing is now getting a bit wobbly
(DBN)

Major civil rights groups join push to recapitalize Fannie Mae, Freddie Mac
(DBN)

13 US housing markets where speculators are making a killing flipping homes
(DBN)

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Municipalities:

Puerto Rico Leaves Bondholders Guessing on December Payments
(DBN)

A balanced plan for Puerto Rico
(DBN)

Puerto Rico's Debt Crisis Is Kind of Congress's Fault
(DBN)

Detroit natives wary as recovery threatens to push them out
(DBN)

America's Most Dangerous Cities: Detroit Can't Shake No. 1 Spot
(DBN)

History: Ford to City: Drop Dead in 1975
(DBN)

Dallas's Credit Rating Cut by Moody's Over Growing Pension Debt
(DBN)

____________

Corporate Reform:

Goldman Sachs Fined $50 Million For Fed Data Leak
(DBN)

____________

Autos:

A new study estimates that the VW emissions cheat will cause 59 premature deaths in the US
(DBN)

As many as 20 VW employees could be responsible for emissions cheating
(DBN)

The Clown Show at Volkswagen
(DBN)

History Points To A Light At The End Of The Tunnel For Volkswagen
(DBN)

Volkswagen unable to quantify cost of legal risks
(DBN)

____________

Education:

This article about for-profit education from 10 years ago shows just how quickly the industry has declined
(DBN)

Detroit Public Schools: 93% Not Proficient in Reading; 96% Not Proficient in Math
(DBN)

____________

Personal Finance:

How I paid off $80,000 of debt in 3 years, starting with a salary of $40,000 a year
(DBN)

One decision could save you thousands of dollars on your student loans
(DBN)

7 things successful people never pay for
(DBN)

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Oil/Gas:

Fri.: Crude prices pull back on U.S. worries
(DBN)

Crude prices choppy amid economic data, abundant supplies
(DBN)

Will Less Money From Banks Lead O&G Players to Hire More Lawyers?
(DBN)

Conoco posts quarterly loss, cuts 2015 spending target ConocoPhillips suffers biggest earnings loss since ’08 crash
(DBN)

Shell posts largest loss in 16 years amid oil price slump
(DBN)

Oil Majors’ Earnings Highlight Wider Industry Woes Major oil companies unveil the damage of $45 crude
(DBN)

For oil industry , next few weeks will be brutal
(DBN)

Oil industry slipping into the red as outlook dims
(DBN)

Samson Chief Randy Limbacher Resigns Amid Bankruptcy Setbacks
(DBN)

Shell CEO: “We have to live within our means”
(DBN)

Marathon Oil cuts dividend 76 percent
(DBN)

BP Adjusts To Oil Slump, Plans Divestments Of Up To $13 Billion Through 2016
(DBN)

Oil Companies Curtail Spending on Everything - Except Dividends
(DBN)

How to Adjust to Any Oil Price Scenario
(DBN)

Noble Energy planning more layoffs, company confirms
(DBN)

Pioneer Energy posts quarterly loss
(DBN)

These Private Equity Giants Are Selling Their Shale... To China
(DBN)

Sovereign Wealth Funds Face Their Rainy Day
(DBN)

China's Oil Giants Lose Almost All Profits Amid Crude Crash
(DBN)

Samson restructuring deal 'in jeopardy'
(DBN)

____________

Debt Collection:

Cell Phone Ringing? It May Be a Robocaller for Uncle Sam's Debt Robocallers may win big after federal budget deal U.S: No Robo-Calls, Unless You’re Collecting Government-Backed Debt
(DBN)

Four Plead Guilty in Alleged $31M Collection Scheme
(DBN)

____________

Weather:

El Nino: The companies that lose — and win
(DBN)

____________

Awards:

TMA Global Elects Gowling's David Cohen as 2016 President
(DBN)

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Food/Beverage:

Haggen's risky expansion largely bankrolled itself
(DBN)

____________

Debt Collection:

NY Senator calls for end to zombie debt
(DBN)

____________

Celebs:

These Two! Starring George and Amal
(DBN)

Bankrupt rapper 50 Cent boasts about lavish Ferrari-themed birthday party for 3-year-old son Sire
(DBN)

Neighbors Be Damned, Phil And Lisa Falcone Continue Tradition Of Scaring The Bejeus Out Of Passersby On Halloween
(DBN)

____________

Pharma:

Valeant shares fall as it cuts ties with mail-order pharmacy Philidor
(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 (19 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (212 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)

______________

Distressed Investing:

As Defaults Rise, Distressed-Debt Investors Seek an Edge by Buying the DIP
(DBN)

Bankruptcy 101 for Investors: Acquiring a Debtor's Assets in a Bankruptcy Case
(DBN)

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Escrow:

Don’t Count Your Escrows Before They Hatch
(DBN)

____________

Involuntary Bankruptcy:

Third Circuit Affirms Dismissal of Good Involuntary Petition for Bad Faith
(DBN)

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Litigation:

Litigation Finance: Is Champerty An Issue? Are Communications With Funders Protected by Attorney-Client Privilege?
(DBN)

____________

Recent Pleadings:

Samson Committee Claims Kirkland Covered Up Conflict
(DBN)

______________

Student Debt:

Now there's an employee benefit that helps pay your student loans
(DBN)

New Rules Expand Student Loan Repayment Plan
(DBN)

____________

Aviation:

Quebec's $1 billion bailout to Bombardier is a 'gamble on the unknown'
(DBN)

Boeing Loses $17Bn Order from China
(DBN)

Bombardier CEO: We were overwhelmed
(DBN)

____________

Religion:

Judge grants Archdiocese six more months, nixes requested advisers
(DBN)

First hearing for Minnesota archdiocese facing criminal charges for failing to curb abuse
(DBN)

____________

Construction:

Contractor Payments: Take the Money and Run, Even if the Bankruptcy Trustee Later Comes Calling
(DBN)

____________

Healthcare:

Bankruptcy deadline near for PVGH
(DBN)

Bankruptcy or death: The high cost of fighting cancer
(DBN)

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Insurance:

Life Partners Trustee Seeks To Recover $91 Million for Creditors
(DBN)

____________

Sovereigns:

Big Hedge-Fund Windfall in Store If Macri Wins Argentina Runoff
(DBN)

Griesa urges gov’t to resume debt talks
(DBN)

____________

UK:

Personal insolvencies up for first time in a year
(DBN)

Insolvency increase driven by a rise in IVAs
(DBN)

Insolvencies in Scotland down by a quarter since 2014
(DBN)

Construction insolvencies fall to record low
(DBN)

Barclays' board just secretly signed off on a huge restructuring
(DBN)

From bad to worse: how administration turned even uglier amid legal battles
(DBN)

Kids Company once got 20% of all the government's charity funding Ministers were warned about Kids Company finances six times, NAO report finds Thirteen years of concerns about Kids Company Founder of bankrupt Kids Company charity brags of 'ghetto strategies' to secure more taxpayers' cash
(DBN)

Former Rangers owner Craig Whyte declared bankrupt
(DBN)

Bank of Moscow Can Sue `Banana King' for Fraud, U.K. Judge Says
(DBN)

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PIIGS:

JPMorgan to pay Parmalat $47M to settle dispute
(DBN)

____________

Canada:

Court of Appeal Confirmation: The "Interest Stops Rule" Applies in CCAA Proceedings
(DBN)

Union rejects proposal, Essar Steel Algoma struggles continue
(DBN)

Liquidated damages clause in employment contract backfires on Quebec employer
(DBN)

2015 Annual Cross Country Check-Up (Ontario)
(DBN)

Why investors are shorting Canada's housing market
(DBN)

___________

China:

Why China is ending its one-child policy
(DBN)

How Analysts Calculate China's True Bad-Loan Burden
(DBN)

State-Controlled Oil Firms Feel Brunt of China's Slowdown
(DBN)

____________

India:

Draft Bankruptcy Law Likely in 10 Days
(DBN)

Govt eyes bankruptcy reform to end decades of gridlocked projects
(DBN)

____________

Venezuela:

Venezuela running out of cash, selling its gold
(DBN)

____________

Austria:

BayernLB says Austria to pay $1.3 billion in Heta settlement
(DBN)

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Brazil:

Distressed debt sales get under way in Brazil
(DBN)

Two Tales of Brazil Steelmaking as Currency Collapse Lifts Debt
(DBN)

____________

Ukraine:

IMF urges Russia and Ukraine to talk on debt restructuring
(DBN)

IMF to Consider Lending-Policy Change That Would Help Ukraine
(DBN)

____________

Mexico:

Rothschild Hiring Spurs Tumble in ICA Bonds After Earnings Miss
(DBN)

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Australia:

Australian Freezing Orders Are Valuable Recovery Devices
(DBN)

Boutiques and national firms go head to head for Australian work
(DBN)

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Japan:

Bank of Japan stands pat on stimulus
(DBN)

____________

Singapore:

Insolvency Practitioners' Fees - A New System for Approval
(DBN)

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