October 5, 2015

The Daily Bankruptcy News

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Law:

Dewey Trial Puts Ban on Written Jury Instructions in Sharp Relief Ahead of Hurricane, Dewey & LeBoeuf Jury Soldiers On
(DBN)

Layoff Watch: Law Firm Suddenly Leaves 150+ Jobless
(DBN)

Florida, Utah lead nation in growth of lawyer population Where Lawyers Live and How Far Their Dollar Goes
(DBN)

Am Law 200 Firms Spending $10M on Business Development
(DBN)

US Adds 4700 Legal Jobs in September
(DBN)

US firms pay most and hire more graduates in London
(DBN)

DLA Piper to double attorney roster in Philadelphia
(DBN)

Diversity in Law Firms Lags
(DBN)

Your Guide For Making A Lateral Move To New York
(DBN)

Latham, Davis Polk, Top Capital Markets Tables
(DBN)

Even More Bluebooking Errors In The Bluebook
(DBN)

4 Ways Law Firms Can ‘Lean In’
(DBN)

The law firm’s 466% turnover increase, the ex-senior partner’s fraud and the ambiguously worded press release
(DBN)

How To Struggle Through Law School The Right Way
(DBN)

Northwestern suspends "accelerated JD" program
(DBN)

Interview Horror Stories: The One With A Happy Ending
(DBN)

Rosier picture for law school admissions this coming year
(DBN)

Apparently This Is How You Cook Like A Lawyer
(DBN)

Private Law May Be A Business, But Lawyers Are Not Simply Businesspeople
(DBN)

There’s only one good reason to buy the new iPad mini
(DBN)

America's gun problem, explained
(DBN)

Jeb Bush on mass shooting: "stuff happens"
(DBN)

Father of Oregon shooter rips US gun laws: 'How was he able to compile that kind of arsenal?' Oregon Gunman's Sorry Childhood in LA More Background on Oregon Gunman Oregon Gunman Left Angry Note US: 1,004 Days and 993 Mass Shootings Another mass shooting, and another set of pathetic rationalizations by law professors
(DBN)

Failure To Accommodate? Man fired for flatulence, lawsuit says
(DBN)

Secret Service Agents Dug Through Personal Info To Discredit Legislator Investigating Agency Wrongdoing
(DBN)

Kentucky Governor Is Having None Of Kim Davis’s Shenanigans
(DBN)

Clifford Chance takes on Uber with drivers pooping in gardens attack
(DBN)

George Clooney 'feels like an idiot' when talking to lawyer wife Amal
(DBN)

Federal judge: Psychologist did not need state license to give advice to parents in newspaper column
(DBN)

New Jersey priest pulled gun on 8-year-old because he’s a Dallas Cowboy fan
(DBN)

The Dog Did It: Man Faces Challenging Insurance Claim
(DBN)

A Lawyer's Guide to 'How to Get Away With Murder,' TV's Best Show
(DBN)

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Judges:

SCOTUS docket shuns bankruptcy cases
(DBN)

Profile of Judge Meredith A. Jury
(DBN)

Here are the major cases the Supreme Court will tackle in the new term
(DBN)

Supreme Court Watch: Of Moose And Men… And Hovercrafts
(DBN)

Ex-judge is awarded $7M by St. Louis jury in disability suit
(DBN)

Pennsylvania AG says email linked to current state justice had racial and misogynistic jokes
(DBN)

Lawyer blasted by federal appeals court for forwarding judge email did nothing wrong, state bar says
(DBN)

Did Posner opinion calling murder conviction ‘nonsense’ violate precedent? SCOTUS to decide
(DBN)

Six Benchslaps to Brighten Your Day
(DBN)

Inmate’s claim that Pennsylvania’s top justice should have recused himself gets SCOTUS review
(DBN)

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Wall Street:

U.S. stock futures point higher
(DBN)

Stocks rise as investors see Fed delaying hike
(DBN)

The chart Obama-haters love most—and the truth behind it
(DBN)

Markets are back at panic levels, says Credit Suisse
(DBN)

China and Grexit fears drain investor confidence FT
(DBN)

‘Holding and hoping,’ investors face a long-term bear market
(DBN)

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Layoffs:

AMD To Cut Roughly 500 Jobs and Outsource Development Services
(DBN)

Southeastern Grocers confirms 250 layoffs
(DBN)

What's the real unemployment rate?
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Hollywood:

Relativity Bankruptcy: Stalking Horse Bidder to Pay $125M for TV Assets Relativity Creditors to Get TV Assets for $125 Million Debt Cut
(DBN)

Ryan Kavanaugh in Negotiations to Take Back Most of Bankrupt Relativity Ryan Kavanaugh Wins Back Relativity Media Minus TV Assets Relativity Says Movie Assets to Be Taken Over by Kavanaugh
(DBN)

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Celebs:

German club pushed into bankruptcy after Snoop Dogg snubs a concert
(DBN)

David Cassidy facing hit-and-run charge in crash on the day his home was auctioned
(DBN)

Dustin Johnson files second lawsuit, now implicates former financial adviser
(DBN)

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Golf:

West Richland faces off with golf course owner in bankruptcy court
(DBN)

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Retailing:

American Apparel files for bankruptcy Bankruptcy ends mounting chatter surrounding the Los Angeles firm American Apparel Files for Bankruptcy Protection After Losses One-time arbiter of edgy made-in-America cool American Apparel files for Chapter 11 bankruptcy protection American Apparel files for bankruptcy protection Struggling fashion retailer will continue trading during its efforts to cut down debts Troubled clothes retailer American Apparel has filed for US bankruptcy protection Embattled clothing company plans store closures, debt restructuring Another Sad Chapter For The Once Dominating Clothing Company Hiring a CEO who hasn't been accused of a variety of gross behavior wasn't enough to revitalize American Apparel The American Apparel bankruptcy gives ousted CEO Dov Charney a slim chance of getting his company back The unraveling is complete Here is what ousted CEO Dov Charney thinks about the American Apparel bankruptcy
(DBN)

American Apparel's Road To Bankruptcy Littered With Lawsuits
(DBN)

The Legacy of the RadioShack Bankruptcy and the Importance of PII
(DBN)

Aeropostale's Liquidity Situation Has Become Desperate
(DBN)

JC Penney cuts its pension obligation
(DBN)

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Healthcare:

Advanced Medical Spa owner Dr. Efrain Gonzalez declares business bankruptcy
(DBN)

Potential bidding war heats up for Southern Regional Medical Center
(DBN)

Natchez Regional leaders accused of negligence
(DBN)

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Aviation:

Transaero on Brink of Collapse as Aeroflot Walks Out on Merger Transaero stock drops 53%, hits all-time low Russian Second Largest Airline in Crisis as Bankruptcy Looms
(DBN)

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Gadgets:

Quirky's Bankruptcy Leaves Its Inventors in Limbo
(DBN)

____________

Fraud:

First brokers stand trial over Libor
(DBN)

Self-Described "Idiot" Charged With $1.5 Million Ponzi Scheme
(DBN)

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Personal Finance:

What your credit score says about your love life
(DBN)

____________

Electricity:

For Hunts, Oncor deal nearly a decade in the making
(DBN)

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Debt Collection:

Feds Order $44.1M in Relief for Illegal Debt Collection Tactics
(DBN)

CFPB Orders Indirect Auto Finance Company to Pay $48.3M in Relief and Penalties for Illegal Debt Collection Tactics
(DBN)

Congress shouldn’t force IRS to use private debt collectors
(DBN)

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Finance:

CLOs Increased Low-Quality Loan Holdings in a Reach for Yield
(DBN)

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Economy:

October hike ‘ruled out’ as economists say 2015 hike unlikely Bank Stocks Fall as Jobs Report Threatens 2015 Rate Hike Traders Don't See Fed Moving Until at Least March, Futures Show
(DBN)

Obama: Spending Gridlock Threatens U.S. Economic Growth
(DBN)

Economists React to the September Jobs Report: ‘Nothing Good to See Here’ Poor jobs report puts dark cloud over U.S. economy Will jobs miss push Fed back to easing mentality? September Jobs Report – The Numbers Jobs Report in 11 Charts The U.S. Still Needs 2.7 Million Jobs More Employment Graphs: Duration of Unemployment, Unemployment by Education, Construction Employment and Diffusion Indexes
(DBN)

Why Corporate America Isn’t Hiring
(DBN)

Obama won't sign any short-term spending bills
(DBN)

Most American Get Free Stuff from Gov't
(DBN)

Companies Getting Loads of Corporate Welfare
(DBN)

Emerging market turmoil flashes warning lights for global economy
(DBN)

Investors Set to Pull $541bn out of Third World
(DBN)

The Expectations Of A Fed Rate Hike Are Collapsing, Even In The Long Term
(DBN)

Global commodity price slump sends ripples around the world
(DBN)

Fed's Dudley: US 'A Long Way' From Having Bubble Fighting Tool Kit
(DBN)

Ailing global economy starts to weigh on U.S.
(DBN)

How Not to Prevent the Next Financial Meltdown
(DBN)

Ben Bernanke: More execs should have gone to jail for causing Great Recession
(DBN)

Young Americans Are Giving Up on Getting Rich
(DBN)

Global Economy Not Looking Great: Razon
(DBN)

US Debt Clock
(DBN

Economic Indicators Dashboard
(DBN)

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Real Estate:

Here's what the job creation implosion means for housing Housing experts explain September's hot mess jobs report
(DBN)

Ex-NFL star sentenced to five years in prison for mortgage fraud
(DBN)

New Residential to repay $2.5B in mortgage servicer advances
(DBN)

____________

Municipalities:

Let Puerto Rico Go Bankrupt
(DBN)

Puerto Rico's PREPA extends creditor agreement, negotiates with insurers
(DBN)

Puerto Rico Energy Commission Rejects Insurer s Rate Increase Petition
(DBN)

Judge rejects Detroit pensioners' bankruptcy appeal
(DBN)

Stockton's Pension Struggles Offer Lessons for California
(DBN)

Connecticut, America's Richest State, Has a Huge Pension Problem
(DBN)

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Oil/Gas:

Oil Gains a Second Day as U.S. Drilling Slumps to Five-Year Low
(DBN)

Jobs report: Thousands more oil and gas cuts in September
(DBN)

Oil Bulls Lose Faith in Recovery as Russia Adds to Global Glut
(DBN)

Houston energy company files for bankruptcy protection
(DBN)

Oil prices climb as rig count tumbles Oil rebounds on largest rig count drop since April
(DBN)

Oil Drillers Bet Choking Wells Will Keep Shale From Going Bust
(DBN)

Should Oil Field Services Companies Stand Their Ground More?
(DBN)

Exxon, Chevron Outlooks Cut to Negative by S&P in Oil Slump
(DBN)

Saudi Aramco Cuts Crude Pricing to Asia, U.S. Amid Weak Demand
(DBN)

Investors Are Asking Tough Questions About 'Yieldcos'
(DBN)

Banks aren’t cutting back credit to US shale firms, for now
(DBN)

Russian Crude Output Highest Since Fall Of Soviet Union
(DBN)

Oil’s slump plays havoc with the junk-bond market
(DBN)

How the Primera Energy case made bankruptcy court history; Alfaro in his own words
(DBN)

4 Oil Trends to Be on the Lookout For in 2016
(DBN)

Monarch Energy Still Interested in Hovensa, Despite Obstacles
(DBN)

Suncor Formally Begins Offer for Canadian Oil Sands for $3.29 Billion
(DBN)

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Politics:

SNL kicks off season with devastatingly brutal lampoon of Donald Trump Donald Trump Says Arming More People Would Stop Mass Shootings Trump holds onto lead as rivals nip at his heels Remember When Trump Air Crashed? Trump Fact Check: Among Syrian refugees, "there aren't that many women, there aren't that many children."
(DBN)

What SNL got right - and wrong - in this fake ad about bad presidential candidates
(DBN)

Clinton donors defecting to Biden backers
(DBN)

Neither Bush nor Rubio is placing above 4th in Iowa or New Hampshire
(DBN)

Joe Biden: Elizabeth Warren Reveals Divergence With Vice President, Decision On Candidacy Forthcoming Warren outlines differences with Biden
(DBN)

Ted Cruz's Isolation in the Senate Grows
(DBN)

____________

Environmental:

Judge to decide soon in chem spill company bankruptcy Freedom bankruptcy all but settled
(DBN)

____________

Tech:

Judges reject bonus plans for executives at bankrupt companies
(DBN)

____________

Mass Torts:

Efforts Fail to Have Insurance Policy Buy Out Require Insured to Step into Shoes of Defunct Carriers
(DBN)

Garlock seeking info from asbestos firms to boost racketeering claims
(DBN)

Asbestos reforms needed to protect first responders and veterans
(DBN)

____________

Biotech:

US Bankruptcy Court OKs Cancer Genetics' Buy of Response Genetics' Assets
(DBN)

____________

Laundry:

York County laundry plant to be sold in bankruptcy restructuring
(DBN)

____________

Awards:

International Women's Insolvency and Restructuring Confederation Names Jodi Daniel Cooke 2015 Rising Star
(DBN)

____________

Mining:

Why Glencore's Unraveling Won't Turn Into The Next Lehman
(DBN)

Mining Jobs Decline by 10,300 in September
(DBN)

Glencore shares jump 71%
(DBN)

Standard Chartered Most at Risk From Commodities, Bernstein Says
(DBN)

____________

Telecoms:

2nd Circ. Grants Emergency Stay In LightSquared Ch. 11 Row
(DBN)

____________

Asset Protection:

Minnesota Attorney Suspended For Assisting With A Fraudulent Transfer
(DBN)

QPRT Deemed Revocable And Fails To Protect Home
(DBN)

____________

Privacy:

Experian hacked: 15 million people’s credit data stolen in breach
(DBN)

____________

Non-Profits:

Union demands payout for former employees of defunct nonprofit
(DBN)

____________

Radio:

Will Cumulus File For Bankruptcy? Cumulus CEO Shoots Down Bankruptcy Rumors
(DBN)

____________

Education:

College Enrollment Declines as Student Loan Debt Rises
(DBN)

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New Bankruptcy Opinions
(3 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (36 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (10 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)

______________

Bankruptcy Statistics:

AACER: September Sees Second-Lowest Monthly Bankruptcy Filing Total of 2015
(DBN)

Bankruptcy filings in Buffalo and Rochester drop 6.4 percent
(DBN)

Bankrupt Firms and the Stock Market Efficiency: Predicting the Recovery Rates for the Unsecured Creditors
(DBN)

______________

Miscellaneous:

The Week Ahead
(DBN)

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Discharge:

Judge: Lawyer Can’t Dodge $364,000 Contempt Fine Using Bankruptcy
(DBN)

____________

Sanctions:

Judge Nixes Lawyer's Bid to Appeal Bankruptcy Sanctions Order Lawyer can’t avoid $364K contempt sanction by filing Chapter 7 bankruptcy, court rules
(DBN)

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Personal Bankruptcy:

SD CA: General Order Covering Ch. 13 Cases Amended
(DBN)

Big Ninth Circuit Win for 'Chapter 20' Debtors
(DBN)

CCP 1717 – Getting Attorneys Fees
(DBN)

Keep Stripping
(DBN)

Debt, Poverty, and Personal 'Financial Distress'
(DBN)

____________

Equitable Mootness:

The Seasons May Change, But the Law is Staying the Same: Ninth Circuit’s Superseding Decision Simply Restates Prior Decision
(DBN)

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Plan Confirmation:

Extinguishment of Liens in Bankruptcy Proceedings
(DBN)

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TBTF:

U.S. system to prevent financial crisis ‘likely to fail,’ experts warn
(DBN)

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Gambling:

Bankruptcy date a subject of contention for Caesars and creditors
(DBN)

____________

Coal:

Clinton blasts Patriot Coal bankruptcy plan
(DBN)

Retired miners screwed over in coal bankruptcy plan
(DBN)

Time to jump on the George Soros coal train
(DBN)

Coal's Catch-22: How Coal Companies Bend Environmental Rules and Why They Might Get to Keep Doing It
(DBN)

One of the most unpopular CEOs in recent history is finally facing justice
(DBN)

____________

Food/Beverage:

Free beer until UCF wins could be brewing bankruptcy for local bar
(DBN)

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Autos:

VW Chief Warns of Existential Threat Could Volkswagen Go Bankrupt ? Volkswagen looks to American lawyers for help as it responds to emissions scandal VW began using emissions software in 2008 Emissions Scandal Pushes VW to the Limits VW Claims Mount as Lawyers Vie for Leading Role, Friendly Court
(DBN)

____________

Student Debt:

5 ways to get a college degree without lots of debt
(DBN)

ED Offers Recommendations To Improve Student Loan System, Better Protect Borrowers
(DBN)

Arne Duncan Resigns Amid Legacy-Threatening Student Debt Crisis
(DBN)

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Pensions:

Central States Teamsters pension fund seeks permission to cut benefits
(DBN)

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Resorts:

Bahamian project’s bankruptcy case dismissed
(DBN)

____________

Religion:

Vatican Fires Gay Priest
(DBN)

____________

Corporate Reform:

Bernanke: The DoJ should've locked up more people for causing the financial crisis
(DBN)

____________

Credit Counseling:

Two firms, two lawsuits and a twisted tale of consumer debt settlement
(DBN)

____________

Credit Reporting:

Debtor Sues Lenders for Alleged Violations of the FCRA Related To Bankruptcy Discharge
(DBN)

____________

Sovereigns:

Argentina's Scioli Urged by Ally to Pursue Accord With Creditors
(DBN)

Argentina Hands 135% Return to Bondholders Who Braved Crises Reserves plunge US$787 million due to BA bond Argentina plans new debt issue after $5.9 billion bond payment
(DBN)

BofA Banker Leading Argentina Bond Deals Sees More Sales in 2015
(DBN)

Moody's: Argentina continues to face economic and credit challenges
(DBN)

Ukraine Kept Waiting by IMF for Next $1.7 Billion Loan Payment
(DBN)

____________

UK:

IT added to list of essential services to protect insolvent companies
(DBN)

British steel crisis deepens as SSI UK goes into liquidation
(DBN)

U.K. Services Expand at Slowest Pace in More Than Two Years
(DBN)

U.K. Said to Eye Full Lloyds Exit With 2016 Sale to Institutions
(DBN)

____________

EU:

European high yield bonds slide to 2-year low in secondary market
(DBN)

____________

PIIGS:

Grexit on Ice Cyprus Seeks €4 Billion in Damages from Greece for Laiki Bank Tsipras Will Walk Tightrope With Unveiling of New Greek Budget Sapin Says Greece Must Fulfill Promises as Soon as Possible
(DBN)

Portugal government re-elected despite painful austerity
(DBN)

____________

Canada:

Northern pulp mill gets final payment under now-defunct Job Fund
(DBN)

____________

Ukraine:

IMF boosts Ukraine eurobond sale as growth darkens
(DBN)

Russia and Ukraine Plan Debt Talks This Week, Siluanov Says
(DBN)

____________

Russia:

Who Benefits From Russia's Bankruptcy Law?
(DBN)

Stung by 50% Sberbank Loss, Motley Fool Stands by Russian Lender
(DBN)

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Poland:

Bankruptcies down by 34% y/y
(DBN)

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China:

China's Slowing Growth May Lead to Bankruptcies, Consolidation in Shipping Sector
(DBN)

____________

Turkey:

The Two-Day Trick Masking Turkey's Short-Term Debt Habit
(DBN)

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