September 10, 2015

The Daily Bankruptcy News

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Law:

Dewey Defense: 15 Reasons to Doubt the Prosecution’s Case Former Dewey & LeBoeuf Executives' Lawyers Give Final Arguments at Fraud Trial Dewey Defense: No 'Shred' of Evidence in Case Against Davis DA Failed to Show Ex-Dewey Chair's Guilt, Defense Says Dewey & LeBoeuf Exec Had 'No Motive' To Defraud, Jury Hears
(DBN)

Seyfarth Adds Bankruptcy Litigator in New York
(DBN)

Morgan Lewis Adds Insurance/Restructuring Pro
(DBN)

Want to Be Successful Do Triage, Be Adaptable, and Have Loyal Outside Counsel
(DBN)

Are You Ready for the Cubicle?
(DBN)

The Keys to Law Firm Survival Today
(DBN)

A third of job-hunting junior UK lawyers seek to leave the law
(DBN)

Skadden in Spotlight Over Yahoo’s Alibaba Spinoff Plan
(DBN)

You Won't Believe This Law Firm Memo From The 1950s
(DBN)

Ted Kennedy’s Widow, Vicki, Embarks on New Legal Career
(DBN)

Bar Passage Rate Isn’t The Most Important Thing, It’s The Most Basic Thing
(DBN)

Does Your Potential Spouse Have To Be Better Than Perfect?
(DBN)

Comings and Goings in Big Law
(DBN)

UK: Addleshaws enters booming contract lawyer market
(DBN)

The Tom Brady & Hillary Clinton Schools Of Quasi-Discovery
(DBN)

Millennial lawyers are getting sick of their jobs even faster than previous generations
(DBN)

Was it ‘misogynistic behavior’? BigLaw partner is chided for comment on ‘stunning’ LinkedIn photo Biglaw Partner Taken To Task Over ‘Sexist’ And ‘Misogynistic’ Behavior LinkedIn lawyers: Did this weak sexism really warrant shaming? Lawyer Charlotte Proudman in 'stunning' profile photo row says men use LinkedIn ‘like Tinder’
(DBN)

20 ways to avoid getting burned out at work
(DBN)

Why lawyers will love the iPhone 6s and the iPad Pro
(DBN)

Apple's unveils new giant iPad Apple just admitted Microsoft is right Everyone's freaking out about the price of the 'Apple Pencil' Apple announces a stylus — a product Steve Jobs hated ‘With stylus and keyboard, cheapest iPad Pro is nearly $1,000’ Apple's new iPad Pro feels enormous The biggest mistake Apple made with the new iPhone Don't make this mistake when you buy a new iPhone Apple exec describes the iPhone's coolest new feature as 'trying to read minds'
(DBN)

A new iPad mini
(DBN)

Here are the new features coming to the Apple Watch Apple is bringing some killer apps to the Apple Watch
(DBN)

Apple just announced its new iPhones Apple’s Cook touts next iPhone as game changer Apple announces new phones with 3D Touch technology Apple: We changed 'everything' for the new iPhones Apple just fundamentally changed the iPhone
(DBN)

Apple is trying to destroy the Nintendo Wii
(DBN)

Apple's plans land with a thud
(DBN)

Connecting The Dots With Strategic Law Blogging
(DBN)

Confidence In Legal Advice Comes With Time
(DBN)

Court Backs Facebook in Privacy Fight With Defense Lawyers
(DBN)

Here are 11 reasonably priced suits you can shop for fall
(DBN)

Kim Davis' Lawyer Says Forcing Clerk To Do Job Is Like Making Her 'Grant A License To S------- Children' Kim Davis Betrayed: Deputy Clerk Will Continue to Issue Marriage Licenses Whether She Likes It or Not
(DBN)

Man ticketed for broken windshield in parking lot of auto glass repair shop: ‘Definitely a bummer’
(DBN)

Teen who sent texts to boyfriend encouraging suicide is charged with manslaughter
(DBN)

Lawyer Who Dissed Client Online Suspended
(DBN)

Lawyer Serves Eviction Notice Upon Overdue Baby
(DBN)

TSA Officer Arrested After Allegedly Stealing $7,500 Wristwatch and Then Destroying It
(DBN)

Attorney defends lawyer who had s-- with client
(DBN)

Texas woman arrested with pistol in . . .
(DBN)

Lawyer left abusive F-bomb voice mails, ethics complaint alleges; he decries ‘ridiculousness’
(DBN)

30-day suspension for s-- with client isn’t too lenient, lawyer argues
(DBN)

A Timeline of Celebrity Divorce Queen Laura Wasser's Ride to the Top
(DBN)

A pastor who was exposed as an Ashley Madison user killed himself
(DBN)

Did Harper Lee write a true-crime novel? Lawyer’s wife says she has the first chapter
(DBN)

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Judges:

Eight Provocative Passages from Judge Richard Posner’s New Book
(DBN)

Judge in Hot Water Over Courthouse Hitler Picture
(DBN)

7th Circuit overturns unique halvsies procedure for judicial elections
(DBN)

Supreme Court justice pinpoints the most crippling problem facing college students
(DBN)

Ex-prosecutor indicted over alleged text offer to pay $20K to get opponent to exit judicial campaign
(DBN)

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Wall Street:

US stocks set for slight rebound after steep pullback
(DBN)

Stocks give it all back Stocks close down 1.4% despite global rally
(DBN)

It looks like the S&P 500 is going to fall another 26%
(DBN)

20 Year-Old Hedge Fund Summer Intern Wouldn’t Lower Himself To Working At Goldman Sachs If His Life Depended On It
(DBN)

Lazard Intern Aims To Capitalize On “Endless Opportunities” In P---
(DBN)

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Layoffs:

Pimco May Lay Off Employees Because Daddy Went Out For Cigarettes And Never Came Back
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Personal Finance:

5 ways commuting ruins your finances — and life
(DBN)

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Student Debt:

Getting colleges’ skin in the student-loan game
(DBN)

Student Loans: Bankrupting The American Dream
(DBN)

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Food/Beverage:

Haggen Holding Enters Chapter 11 Amid Albertsons Lawsuit The Saga Continues Here's how much Haggen owes former CEO, workers, creditors Shoppers not surprised Haggen filed for bankruptcy protection
(DBN)

Haggen bankruptcy: Failure is the 'fastest' in modern grocery store history
(DBN)

Haggen's Complaint Against Albertson's
(DBN)

$6 million 'trust' fund for executives an issue in A&P bankruptcy case
(DBN)

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Coal:

Patriot Coal Executives Must Sit for Questioning, Judge Rules
(DBN)

Coal’s Decline Is Choking Appalachia Towns
(DBN)

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Fraud:

Star of “ Startup.com ” Charged With Accounting Fraud
(DBN)

Maui Ponzi Scheme Judgment Pushed to October
(DBN)

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Resorts:

Baha Mar Comments On Bahamian Supreme Court Ruling
(DBN)

Baha Mar Appoints 'Restructuring' Chief
(DBN)

The big, risky Baha Mar bet
(DBN)

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Economy:

Uh oh: We're back to pre-recession debt levels
(DBN)

Agreement on September Rate Increase Eludes Fed Summers warns the Fed against interest-rate rise World Bank economist: Fed should not hike Deutsche Bank: Why the Fed won't do anything this month Rate hike dilemma puts Fed between the US and a hard place This is what could tip Fed's hand
(DBN)

UN World Food Price Index drops most since 2008
(DBN)

Harvard Business School alums say top U.S. priority should be fighting inequality
(DBN)

There have never been so many open U.S. jobs Why US Job Openings Are Surging, While Hiring Plods One Chart Shows There's Hope for Job Seekers
(DBN)

Inside the Fight Over Productivity and Wages
(DBN)

Consumer credit jumps $19.1 billion in July Consumer Debt Hits $3.45 Trillion
(DBN)

How the government could shut down in three weeks
(DBN)

Two in Every Five U.S. Children Spend at Least a Year in Poverty
(DBN)

14% of U.S. households struggle to put food on the table
(DBN)

5 reasons kids in America are falling behind
(DBN)

Another flashing red light in the junk-bond market
(DBN)

Corporate debt deals are surging. Here's why
(DBN)

Experts: Another Gov't Shutdown is Coming
(DBN)

Uber Economy: Return to 1900 Sweatshops
(DBN)

The 18 most 'miserable' countries in the world
(DBN)

In 18 Nations, Women Cannot Get a Job Without Their Husband’s Permission
(DBN)

Al-Qaeda calls for death of US business figures
(DBN)

The 20 best cities for job seekers this fall
(DBN)

Starting a Business is Easy (for Harvard Business Grads)
(DBN)

Student-Loan, Health-Care Debt Most Risky as Spreads Widen in Three-Month Period
(DBN)

US Debt Clock
(DBN

Economic Indicators Dashboard
(DBN)

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Real Estate:

Strong Arm Powers: Does Sovereign Immunity Trump a Claim Based on State Law?
(DBN)

Sue Your Bank, Keep Your Home, Repeat
(DBN)

10 Places Where It Makes More Sense to Rent Than Own
(DBN)

Mortgage Apps. down 6.2%, as Refinancing Slides
(DBN)

Freddie Mac makes it easier to get a mortgage modification
(DBN)

Hovnanian posts worse-than-expected loss
(DBN)

HUD OIG: More than 25,000 household using public housing despite higher incomes
(DBN)

Pittsburgh: Former loan officer at defunct South Hills mortgage company pleads guilty to fraud
(DBN)

Developer files Chapter 11 over $39M in debt on Broward, Palm Beach home developments
(DBN)

____________

Municipalities:

Puerto Rico to Make Debt Restructuring Proposal in a Few Weeks Puerto Rico Investors May Shun Debt-Exchange Offer, Moody's Says Puerto Rico plan still leaves $12B debt gap Puerto Rico's plan to pay off its debt falls $14 billion short Puerto Rico Plan Calls for Spending Cuts, Tax Overhaul How Puerto Rico hopes to break its debt spiral and fix its broken economy Puerto Rico advisers: Reforms, debt cuts needed
(DBN)

Puerto Rico's recovery plan faces much doubt, many obstacles Puerto Rico Confronts Higher Hurdles in Debt Restructuring Plan What Puerto Rico's New Plan Means
(DBN)

Puerto Rico Fiscal and Economic Growth Plan Will Puerto Rico's Growth Plan Allay Their Debt Woes?
(DBN)

Puerto Rican governor slams Trump
(DBN)

Puerto Rico Gaining Political Support to Declare Bankruptcy
(DBN)

Teachers work for free as Pa. schools go insolvent
(DBN)

How Detroit students experienced the city's bankruptcy
(DBN)

Lawyer for lottery winners: 'The state is violating the Illinois lottery law'
(DBN)

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Oil/Gas:

Will We See Bankruptcies in the Oil Sector?
(DBN)

Oil dips under $45 as EIA cuts price forecasts Oil falls as supply glut, demand worries offset equities gains Oil heads lower as Saudi battles for market share US oil settles down 3.9%, at $44.15 a barrel
(DBN)

Oil firms cutting another 700 Texas jobs
(DBN)

An Energy Firm's Collapse Casts Ominous Sign Over Mortgage Bonds
(DBN)

Canadian Oil Producers First to Shut Off Taps
(DBN)

Oil companies ‘worth more alive than dead’: Bank CEOs show willingness to go easy on troubled sector
(DBN)

Another Bankruptcy Court Examines Overriding Royalty Interests
(DBN)

Oil Prices Show Little Response to Lower Output Forecasts
(DBN)

More Iranian Oil Could Hit The Market Now That Iran Deal Is Assured
(DBN)

Will Low Prices Kill Off The North Sea Oil Patch?
(DBN)

'Blood & Oil ': The oil bust is about to go mainstream
(DBN)

U.S. Oil Producers May Lose 500,000 Barrels a Day on Funding Gap
(DBN)

Consolidation in the energy sector
(DBN)

Icahn rival bets against Cheniere, calls LNG industry a “looming disaster”
(DBN)

Continental Resources will reduce spending by $350 million
(DBN)

Barclays: Oil companies to cut North American spending up to 15 percent next year
(DBN)

Investors flee biggest U.S. crude oil fund as volatility surges
(DBN)

Solid Energy insolvent , bank creditors support orderly selldown
(DBN)

The Oil Bust Is Great For Business Here
(DBN)

____________

Politics:

Donald Trump mocks rival Carly Fiorina's face: 'Look at that face, would anyone vote for that?' Trump: Our Country Run by Very Stupid People A zero vote for Trump: CFO survey Donald Trump 2016: Washington insider Trump just put CNN in an awkward position Donald Trump trashes Black Lives Matter: 'I think they're trouble' Donald Trump just trolled Jeb Bush with a video touting him as a cure for insomnia Among Trump’s N.H. Backers, Colorful Histories in State Politics Trump has done an atrocious job of telling the truth during the campaign so far
(DBN)

How Carson surged with one-sixtieth of Trump's air time
(DBN)

FactCheck: More Spin on Clinton's Emails Clinton IT Guy Pressed to Accept Immunity
(DBN)

Joe Biden bides time as Hillary Clinton slides
(DBN)

Former fugitive John McAfee filed paperwork to run for president — here’s a look at his extraordinary life
(DBN)

Refusing to own a gun may cost Jeb Bush dearly FactCheck: Jeb on Florida Job Creation
(DBN)

Ted Cruz, Donald Trump Lead Rally Against Iran Nuclear Deal
(DBN)

Marco Rubio Platform: Puerto Rico Debt Crisis Will Not Be Solved By Chapter 9 Bankruptcy Laws
(DBN)

____________

Retailing:

Sears GC Defends Company’s Shake-Up
(DBN)

Barnes & Noble shares plunge 15%
(DBN)

American shopping malls have suffered another blow
(DBN)

A tough road ahead for Macy's CEO Terry Lundgren
(DBN)

Quiksilver Files for Bankruptcy Protection in Delaware Quicksilver CFO Cites Port Delays in Bankruptcy Cedes Control to Creditors Wipeout Quiksilver Postpones Filing of Third Quarter 2015 Form 10-Q and Cancels Scheduled Conference Call Oaktree-Backed Plan, DIP Loan Support of 73% of U.S. Secured Noteholders Quiksilver dollar bonds trade without accrued interest after Chapter 11 filing
(DBN)

____________

Celebs:

Bankrupt David Cassidy To Auction Florida Home
(DBN)

Lawyer Claims 'Jersey Shore' Star Michael 'The Situation' Sorrentino Didn't Pay Him
(DBN)

Amal Clooney: Beautiful Yes. Famous Yes. But Is She a Good Lawyer?
(DBN)

Pop star JoJo talks of repaying debts to her lawyers over years
(DBN)

____________

Privacy:

New York health insurer hacked, over 10 million members possibly affected
(DBN)

____________

 

 

 


New Bankruptcy Opinions
(6 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (17 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (12 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)

______________

Subordination:

Decoding the Code: Bankruptcy Code Section 510(a) – Subordination Agreements in Bankruptcy
(DBN)

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Discrimination:

Employee Fails to Prove Termination Due to Bankruptcy
(DBN)

____________

"Claim":

“Conduct” Test Now the Rule in the Seventh Circuit – But We Still Don’t Know How the Seventh Circuit Will Deal With Due Process Concerns
(DBN)

____________

Avoidance Actions:

The Million Dollar Typo
(DBN)

____________

Default Interest:

Eleventh Circuit Reverses Denial of Lenders' Claim for Default-Rate Interest
(DBN)

____________

Corporate Reform:

United Airlines' former CEO will get $4.9 million cash and free flights as severance — but he may have to give it all back
(DBN)

US to Focus More on White-Collar Criminals
(DBN)

____________

Aviation:

Republic Air Rises as Mediators Set Meeting With Pilots Union
(DBN)

A plane in Las Vegas caught on fire before taking off
(DBN)

____________

Debt Collection:

Debt buyers fined for using misleading practices to collect payments
(DBN)

NYC Quietly Publishes Guidance That Helps to Reconcile Its Debt Collection Rules with Those of New York State
(DBN)

Consumer watchdog charges top two bad debt buyers
(DBN)

____________

Education:

New England Colleges Team Up to Fight Controversial Tuition Lawsuits
(DBN)

____________

Movies:

Relativity Studios postpones three films amid bankruptcy woes
(DBN)

____________

Lehman:

Lehman Trustee Begins Third Payout to Brokerage Creditors
(DBN)

____________

Taxis:

Uber Has Hit a Speed Bump in New York
(DBN)

Former Uber driver was an employee, rules California department
(DBN)

____________

Mass Torts:

Judge denies asbestos firms' motions to dismiss racketeering cases against them
(DBN)

____________

Corporate Governance:

Advancement Claims Not Entitled to Priority in LLC Receivership
(DBN)

____________

Religion:

As Pope visit nears, US abuse victims say Church remains obstacle to justice
(DBN)

The Catholic Church is fighting to block bills that would extend the statute of limitations for reporting sex abuse
(DBN)

____________

Healthcare:

UMC, Commissioners Court ask Children's for joint plan
(DBN)

____________

Alternative Energy:

Wind power growth faces sharp decline without federal aid, report says
(DBN)

____________

Gambling:

Judge moves lawsuit among Caesars' creditors to Chicago
(DBN)

ACR Energy says Revel owner looking to "flip" property
(DBN)

____________

Consultants:

Cowen forms special situations group; announces new hires
(DBN)

____________

Sovereigns:

Top economists call for support on ‘vultures’
(DBN)

United Nations General Assembly to vote on debt restructuring principles
(DBN)

Europe should back debt crisis principles at the UN
(DBN)

Ukraine to bypass banks on restructuring offer - sources
(DBN)

____________

UK:

Morrisons store closures puts 900 jobs at risk as profits slide
(DBN)

32 incredible powers of Queen Elizabeth II you didn't know she had
(DBN)

Britain won't raise interest rates anytime soon
(DBN)

UK Serious Fraud Office Chief Serious About Putting Libor Riggers Behind Bars, Not Interested In “But but but everyone else was doing it” Excuses
(DBN)

____________

EU:

9 questions about the refugee crisis you were too embarrassed to ask Europe’s migration and asylum policy disintegrates before our eyes
(DBN)

French industrial production drops unexpectedly
(DBN)

European leveraged loan default rate hits lowest point since 2008
(DBN)

____________

PIIGS:

Spain is entering a whole new world of pain
(DBN)

Greek unemployment inches up; still at record high
(DBN)

Who would want to be a Greek PM? Well, these guys do
(DBN)

____________

Canada:

Which Are Ontario’s Best Regional Firms?
(DBN)

____________

Germany:

Germany's history explains why it's so accepting of refugees — and why it wants austerity for Greece
(DBN)

____________

China:

China stocks drop as Nikkei reverses big gains
(DBN)

Economist: China situation spells global recession Next: A China-led world recession?
(DBN)

'China won’t see a hard landing in the economy'
(DBN)

China deflation risks grow, foreign central banks on alert
(DBN)

____________

India:

Bankruptcy code will be finalized shortly: Mundra
(DBN)

____________

Brazil:

Brazil's credit rating downgraded to junk
(DBN)

Rio de Janeiro's Bursting Real-Estate Bubble
(DBN)

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