September 14, 2015

The Daily Bankruptcy News

View prior editions: Click Here
View prior case summaries: Click Here
Search prior headlines: Click Here
Search prior case summaries: Click Here

Format For Mobile Device




Law:

Will Market Turmoil Boost Bankruptcy Practices?
(DBN)

New York Times writer calls out Dewey & LeBoeuf trial Dewey & LeBoeuf Case Expected to Go to Jury Soon
(DBN)

More ‘Shakeout’ Coming for Big Law
(DBN)

Lawyer Bikini Party: Not The Ideal Marketing Plan - BMC Doubles Down
(DBN)

Why Law Firms Can Never Be the Ritz-Carlton of Client Service
(DBN)

It’s Hard Out There For A Wannabe Law Prof
(DBN)

Bankruptcy Lawyer's Clients Testify Before Grand Jury
(DBN)

Don’t Complain About Unethical Adversaries. Beat Them.
(DBN)

92% Of Biglaw Partners Are White, Is This Problematic?
(DBN)

Female Lawyer Who Called Out Biglaw Partner’s Sexist Remarks Now Considered ‘Unemployable’
(DBN)

LinkedIn Is Not a Dating Site
(DBN)

ABA Listserv Devolves Into Racist Insults
(DBN)

Business of Law Business of Law (2)
(DBN)

The Napsterization of Legal Services
(DBN)

Practical Advice For New Lawyers
(DBN)

America’s Fragile Constitution
(DBN)

Child abuse reporting law is often trumped by lawyer’s duty of confidentiality, ethics opinion says
(DBN)

Police release sketch of man wanted for questioning in lawyer’s shooting
(DBN)

How to get the most money for your old iPhone
(DBN)

What it's like to use Apple's new iPhone 6S
(DBN)

5 common psychological errors that can keep you from making good decisions
(DBN)

Law student is charged with flying drone at stadium during U of Kentucky football season opener
(DBN)

Kentucky clerk Kim Davis heads back to work after jailing Ky. attorney general: No special prosecutor for clerk Kim Davis, and Others, Should Read the Bible Kim Davis doesn’t want a Bundy Ranch, tells armed militia group to stay away
(DBN)

Ex-tennis star James Blake: Fire NYC officer who tackled me Video
(DBN)

Trial court should not have dismissed law student’s disability complaint, 9th Circuit says
(DBN)

Mass Incarceration, Visualized
(DBN)

There is No War on Cops
(DBN)

Gay lawyer’s retaliation suit over a rescinded job offer is dismissed
(DBN)

Prison worker tells 'Today Show' what was going through her mind when she helped 2 inmates escape
(DBN)

Brave New World: Drone policing in US seen as 'Wild West'
(DBN)

Lawyer gets 48 months for defrauding estate of $2.3M
(DBN)

______________

Judges:

Florida Judges Banned from Wearing Colorful Robes Supreme Court Objects To Judges Making Fashion Statements On The Bench
(DBN)

A Juror Bill of Rights
(DBN)

Baked cookies and no-sidebars rule are part of federal judge’s jury-centric approach to trials
(DBN)

Justice Breyer Sees Value in a Global View of Law
(DBN)

______________

Wall Street:

Wall Street set to nudge down, brace for Fed week
(DBN)

US stocks end modestly higher as rally fades
(DBN)

This is the chart that has Robert Shiller seriously worried about the stock market Shiller: Investors haven’t been this worried about a stock-market bubble since 2000
(DBN)

Traders prepare for massive Fed-driven volatility
(DBN)

Where short interest is surging
(DBN)

______________

Layoffs:

How tight the US labor market has become
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Currency:

Charges filed against French head of defunct Bitcoin exchange
(DBN)

____________

Food/Beverage:

Court grants Haggen right to borrow money to continue operations
(DBN)

Haggen is closing 27 stores. But what about the rest?
(DBN)

Union leaders say Haggen left 'mass of broken lives' Union: Haggen wrong for failing to tell workers about bankruptcy
(DBN)

Grocery Chain Bankrupt , Just Like That
(DBN)

Judge Tells A&P To Divert Managers' Incentive Pay For Severance Judge will not OK retention plan unless A&P increases severance payments
(DBN)

Last Sam's Joint restaurants going on auction block
(DBN)

Your Gross Office Coffee Machine Can Now Make Gross Soup
(DBN)

____________

Personal Finance:

An easy hack to save money at stores like Best Buy
(DBN)

5 Things That Will Cause Your Credit Score to Crash
(DBN)

____________

Lehman:

Long and complex road to winding down Lehman Brothers’ estate
(DBN)

____________

Movies:

Sony Classics to Release ‘The Bronze’ After Relativity Bankruptcy Filing
(DBN)

Relativity Asks Bankruptcy Court For An 11-Day Delay To File Key Information
(DBN)

Relativity Bankruptcy: Macquarie Wants Details About, And Time To Review, A Sale
(DBN)

____________

Bankruptcy Crimes:

St. Louis businessman pleads guilty to bankruptcy fraud
(DBN)

____________

Education:

Hilco Real Estate Announces September 30 Bankruptcy Auction Of New York Military Academy
(DBN)

The best public colleges in America 2015
(DBN)

Rise in student loan defaults driven by for-profit colleges, study says
(DBN)

Obama Releases ‘Scoreboard’ Giving Cost, Other Data on Colleges
(DBN)

The Rise of Victimhood Culture
(DBN)

____________

MLM:

Avon: Is Bankruptcy in the Cards?
(DBN)

____________

Soccer:

CSKA Sofia chief suggests bankruptcy is only way back to top tier
(DBN)

____________

Steel:

China's Steel Output Rises, Adding to Concern Over Global Glut
(DBN)

U.S. Steel asks USW for two-tier system, big concessions
(DBN)

U.S. Steel 'must be stopped' from moving jobs, production out of Canada, USW say
(DBN)

____________

Silver:

Auctioneers Prepare to Sell Historic Reed and Barton-Made Silver Antiques
(DBN)

____________

Fraud:

Rakoff Says Brokers Should Face Trial Despite Insider Trading Ruling
(DBN)

Was Tom Hayes Running the Biggest Financial Conspiracy in History?
(DBN)

You Don’t Have To Eat Lunch With The Guy Who Called You On Your Accounting Fraud, But You Can’t Fire Him
(DBN)

____________

Weather:

California Burning
(DBN)

____________

Non-Profits:

Ex-Community Action director Bill Davis, son face fraud, theft charges
(DBN)

Hero Program founder pleads guilty in federal court
(DBN)

____________


Economy:

Why The Fed's September Interest Rate Decision Is A Coin Flip Weak US consumer sentiment, tame inflation muddy Fed rate outlook Lesson for Fed: Higher Interest Rates Haven't Been Sticking BOE’s Forbes Sees Scope to Start Increasing Key Rate Sooner Kenneth Rogoff Slams One of the Most Popular Theories for What the Fed Should Do Next Wall Street Is Deeply Divided Over the Fed's Move US interest rate rise could trigger global debt crisis
(DBN)

Goldman Says Tighter Conditions After Market Sell-Off Equates to Three Fed Hikes
(DBN)

Wholesale Prices in U.S. Little Changed as Fuel Costs Drop
(DBN)

How America changed since the Fed gave us 0% rates
(DBN)

Cost of Living: 1975 v. 2015
(DBN)

It's never taken longer for US businesses to fill a job opening
(DBN)

What’s Most Likely to Shift Economy Toward Faster Growth? Consumers
(DBN)

We're witnessing pressure being released from the global financial 'fault lines'
(DBN)

Five Fiscal Deadlines to Watch This Fall
(DBN)

McConnell Opposes Shutdown Over Planned Parenthood, Aide Says
(DBN)

New York Will Be First State With $15 Minimum for Fast-Food Workers
(DBN)

Goldman's entire outlook for markets and the economy in one big slide
(DBN)

Dollar Enters Pivotal Week With Crisis-Period Trades Uwinding
(DBN)

More choose to leave the US rather than pay taxes
(DBN)

Gig Economy: Legal Distinction That May Sink Uber
(DBN)

US Debt Clock
(DBN

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

Kramer Levin’s Neil Tucker on Foreclosures, Bankruptcies, Air Rights
(DBN)

Seventh Circuit Sets Title Insurance Precedent
(DBN)

Find out if your housing market is over- or underpriced
(DBN)

Here’s how the top three housing markets are ending summer
(DBN)

Palm Beach: Choice land may be sold as builder's companies file for bankruptcy
(DBN)

Sacramento: Real estate executive sent to federal prison for investment scam
(DBN)

North Las Vegas’ Park Highlands project would be impressive comeback tale
(DBN)

SF: North Bay real estate executive sent to federal prison for investment scam
(DBN)

Senator Seeks to Speed Bill Barring Fannie-Freddie Stake Sales
(DBN)

____________

Municipalities:

Puerto Rico Fails Without Washington Help, Morgan Stanley Says
(DBN)

How Congress Can Help Puerto Rico
(DBN)

Puerto Rico Debt Crisis: A Bond Guide as Potential Defaults Loom
(DBN)

Few Puerto Ricans Hold Out Hope for Economy
(DBN)

Detroit schools paying penalty in bond market post bankruptcy
(DBN)

Macomb intends to form own water authority
(DBN)

Wayne Co. to appeal blocking of consent agreement move
(DBN)

Hedge Funds Fill Gap in the U.S. Municipal Bond Market
(DBN)

America's city rankings set for Texas-sized shake up; Houston to edge past Chicago
(DBN)

____________

Celebs:

David Cassidy Snaps At Bankruptcy & Divorce Interview David Cassidy had his feathers ruffled
(DBN)

OJ Simpson appeal rejected by Nevada Supreme Court
(DBN)

'Real Housewives Of New Jersey' Teresa Giudice 'Doing Amazing' In Prison; Will She Come Out A Changed Person?
(DBN)

____________

Healthcare:

Bad reporting may cost Children's Hospital $36M
(DBN)

Children's Hospital future up in the air
(DBN)

Papas: Children's mission lost in bankruptcy fight
(DBN)

Texas company makes winning bid for Health Diagnostic Laboratory Connecting the dots between HDL and its buyer
(DBN)

Americans’ Views of Pharmaceutical Industry Take a Tumble
(DBN)

____________

Politics:

Trump says, ‘Enough with the nice!’ Jimmy Fallon to Donald Trump: How Did This Happen? 'Never Enough: Donald Trump and the Pursuit of Success' Nate Silver: 'Calm down,' Donald Trump won't win the GOP nomination Donald Trump is now using his favorite Jeb Bush zinger to mock his new top rival Doug Flutie: Donald Trump would ‘be scary as a president’ Trump’s fellow military academy alums recall school a bit differently The Donald and Jimmy Mutual Admiration Society Before Foreign Audience, Trump Says Obama and U.S. Get No Respect Least We Forget: Trump University Signs point to Republican hopefuls taking sharper aim at Trump Trump Calls CEO Pay a 'Joke' But Vows to Slash Corporate Taxes Why Trump has nothing to lose in the debate
(DBN)

Carly Fiorina's Tenure at Hewlett-Packard 'Was a Disaster,' Donald Trump Says Fact Check- Trump on Fiorina at HP Fiorina’s response to Trump insult was perfect
(DBN)

Ben Carson Brushes Off Criticism by Donald Trump
(DBN)

Does Jeb Bush Really Want to Upend the Bond Market?
(DBN)

Tech company: No indication that Clinton's e-mail server was 'wiped' Hillary Clinton's private emails may be recoverable Everything We Know About the Hillary Clinton E-Mails (and a Few Things We Don't)
(DBN)

Poll: Bernie Sanders Leads Hillary Clinton by Double Digits in Iowa, N.H.
(DBN)

Andrew Cuomo Showers Praise on Joe Biden
(DBN)

How the Presidential Campaign Got Religion
(DBN)

Rick Perry steps down 'with no regrets' Trashes Trump, Defends Immigrants in Exit Speech Pro-Perry Super-PAC Mulls How To Spend Leftover Millions Rick Perry Super-PACs to Return Leftover Donations
(DBN)

Scott Walker Tumbles to 3 Percent in Iowa in Latest Quinnipiac Poll
(DBN)

Kasich Says He Backs Obama on Bringing Syrian Refugees to U.S.
(DBN)

Defiant Christie Deflects Criticism
(DBN)

With Donald Trump Attacks, Is Bobby Jindal Auditioning to Be the Next Rick Perry?
(DBN)

The GOP race for president reminds Warren Buffett of 'kids playing bumper cars'
(DBN)

John McAfee running for President in new Cyber Party
(DBN)

____________

Oil/Gas:

Rig count drops for second week in a row
(DBN)

Oil Trades Near $45 a Barrel as Surplus Seen Lasting Into 2016 Oil prices dip as demand stalls, but US supported by rig cut
(DBN)

Oil Caps Weekly Drop as Goldman's Outlook for Surplus Worsens
(DBN)

IEA Sees U.S. Shale Oil Shrinking in 2016 on Price Slump IEA Sees Oil Supply Outside OPEC Falling by Most Since 1992
(DBN)

IEA upgrades demand, slashes non-OPEC supply…and oil prices tank
(DBN)

Canadian Stocks Slump as Oil Price Slides on Goldman Outlook
(DBN)

Will OPEC change its ways as oil continues to tumble?
(DBN)

Royalty checks shrink as oil, gas prices tumble
(DBN)

Iraq warns oil companies of spending cuts
(DBN)

Iran Sees Crude Oil Price at $42-$50 in Year to March 2017
(DBN)

Oil Servicers Say 'Fat Trimming' Will Become New Norm
(DBN)

____________

Resorts:

Liquidators to take possession of bankrupt Bahamas resort
(DBN)

____________

Museums:

Please Touch Museum, $60 million in debt, files for bankruptcy
(DBN)

Basketball Hall of Fame roars back from financial brink
(DBN)

____________

Retailing:

Retailer Quiksilver Wins Preliminary Loan Approval in Court Debut
(DBN)

Conn's Portfolio Restructuring
(DBN)

Quiksilver to close 27 stores
(DBN)

What Happened To Tower Records?
(DBN)

____________

Religion:

Church's escape from bankruptcy put on hold
(DBN)

Cuba Tries To Get Right With God Before Papal Visit
(DBN)

Leader of fundamentalist church employed 1,400 in violation of wage law, feds say
(DBN)

Child-molester priest and abused woman seek to buy St. Paul archdiocese chancery, open resource center Abuser's bid for St. Paul chancery raises questions
(DBN)

____________

 


New Bankruptcy Opinions
(7 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 (19 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)

______________

Miscellaneous:

The Week Ahead
(DBN)

____________

Jurisdiction:

Some Rosh Hashanah Reflections on the Talmud, Wellness, and the High Court
(DBN)

____________

Distressed Investing:

Oaktree’s Howard Marks On ‘The Riskiest Thing in The World’
(DBN)

____________

Coal:

Patriot Coal auction postponed
(DBN)

Why Would George Soros And Leon Black Buy Arch Coal?
(DBN)

____________

Guns:

Colt Almost Clear of Bankruptcy
(DBN)

Colt says creditors put resolution to lease dispute at risk
(DBN)

____________

Aviation:

Great Lakes shuffles management, hires turnaround pro
(DBN)

Defunct SkyGreece Airlines issues update for its passengers
(DBN)

Bankrupt regime the bane of Africa's airlines
(DBN)

It Just Got Harder to Hop Another Flight When Yours Is Grounded
(DBN)

Airline Seats Will Continue to Shrink
(DBN)

The TSA has a master key for your locked luggage and now people are making copies
(DBN)

____________

Corporate Reform:

Justice Department releases guidelines to foster pursuit of individuals in corporate wrongdoing Thinking About the Justice Department’s New Policy Directive Targeting Corporate Executives
(DBN)

The DOJ Is Finally Conceding it Prosecutes Corporate Crime All Wrong
(DBN)

DOJ Stance on Corporate Prosecutions Praised by Judges
(DBN)

Why More Aggressive White-Collar Prosecutions Still Won't Net The Big Fish
(DBN)

Wall Street Banks to Settle CDS Lawsuit for $1.87 Billion
(DBN)

CEO Leaves United Over Corruption Very Rich
(DBN)

____________

Construction:

The Construction Industry Struggles to Rebuild its Worker Ranks
(DBN)

____________

Golf:

Kalispel Tribe crafts deal for country club
(DBN)

____________

Consumer Finance:

Pitfalls for the Unwary Borrower Out on the Frontiers of Banking
(DBN)

____________

Jewelry:

Shamrock Jewelers' Anthony Simpson in jail on Louisiana warrant
(DBN)

____________

Student Debt:

Recent Federal Student Loans Look A Lot Like Subprime Mortgages
(DBN)

Thousands of students seek college debt discharges
(DBN)

The White House is trying to make it easier for college students to get financial aid
(DBN)

____________

Sovereigns:

Brazil's Options Narrow As UN Votes On Global Bankruptcy Measure
(DBN)

Argentina hails UN sovereign debt vote UN backs debt restructure plan to avoid Argentina-like cases
(DBN)

Debt campaigners hail UN vote as breakthrough
(DBN)

Ukraine Plays Down Holdout Threat Saying Debt Deal on Course
(DBN)

____________

UK:

Litigants Beware – No Second Bite At The Cherry
(DBN)

Shaun Ryder: 'Avoiding bankruptcy cost me £5m'
(DBN)

Bankrupt Corrie show star Ryan Thomas lives it up on SIXTH holiday this summer time despite unpaid tax bill
(DBN)

Bankruptcy changes: Five things you need to know about the insolvency regime
(DBN)

Midlands firms save jobs after MGC Hayles' insolvency
(DBN)

____________

EU:

Why Germany just closed its borders to refugees 'We can't take any more!' Munich overwhelmed by record influx Hungary threatens mass arrests As crisis escalates, Berlin says refugees can not choose where to live
(DBN)

The Roots of the Migration Crisis
(DBN)

Germany FM: World Economy is a Bubble
(DBN)

____________

PIIGS:

Greek bailout mistakes were made: European FinMins
(DBN)

Greek Election Deadlock Beckons as Campaign Enters Last Week
(DBN)

Pre-insolvency proceedings under the EU regulation on insolvency proceedings: the Spanish case
(DBN)

____________

Canada:

Canadian household debt ratio hits highest level on record
(DBN)

Oil Price Increase Will Not Come Fast Enough To Save Alberta
(DBN)

____________

France:

French restructuring – court enforced debt-for-equity swaps now possible: The Révolution continues!
(DBN)

____________

China:

China stocks close sharply down on data, Fed uncertainty
(DBN)

China unveils details of state-firm reforms as growth sputters
(DBN)

China released a raft of economic data over the weekend, and most of it was weak Growing challenge for Beijing
(DBN)

China Inc. Resists Li Reform Push as Debt Swells Most Since 2012
(DBN)

China to make state firms stronger, restructure zombie firms
(DBN)

What Do U.S. Economists Think of Official China Statistics? ‘Only a Fool Would Believe Them’
(DBN)

What A Chinese Real Estate Tycoon Thinks About Your China 'Bubble'
(DBN)

55% Chance China Pulls Down World Economy
(DBN)

____________

MENA:

UAE insolvency law to follow US Chapter 11 bankruptcy proceedings
(DBN)

Egyptian security forces shoot at Mexican tourist group, kill 12
(DBN)

____________

Russia:

Putin’s airline rescue creates debt trap for strongest firms
(DBN)

Why Vladimir Putin Won't Be Helping OPEC to Cut Oil Production
(DBN)

Russia's Biggest Banking Crashes of the Last 2 Years
(DBN)

____________

Africa:

Why Nigeria Airways Went Down
(DBN)

____________

Brazil:

Brazil's Junk Relapse Makes Its Bonds Even Riskier Than Russia
(DBN)

Brazil Real Volatility at Six-Month High After S&P Downgrades
(DBN)

____________


The Daily Bankruptcy News is primarily a curated news link gathering service.   Most of the headlines contained in the publication are a collection of links to stories posted on the Internet by various third party publications.  Such content is owned by third party sources, not The Daily Bankruptcy News, and in some cases, these links change or expire, which means you may not be able to view some news stories in prior editions of the Daily Bankruptcy News. The DBN subscription fee is not a fee for access to the content of the links, but is a charge for the considerable work involved in gathering, organizing and presenting the links. Use of this site and The Daily Bankruptcy News is subject to our Terms of Use. If you received The Daily Bankruptcy News via email (and you have a paid subscription account), to view a news story, click on the headline, and the story should open in your web browser. To view additional stories, click back to the email and click on additional headlines, which will cause new stories to open in your web browser.  You can view the Daily Bankruptcy News on the web by clicking here.

Advertising
Advertising is available in The Daily Bankruptcy News. Click here for details  Feel free to contact us with any questions.

Passwords/Subscriptions
Access to certain links in The Daily Bankruptcy News is available only to readers holding a paid service subscription. These links are currently marked with a "DBN" notation. The cost of a subscription is $62/year, payable annually.  Volume discounts are available for sites with multiple users. Click here to see a schedule of discounts. Complimentary subscriptions are available for full-time educational and governmental employees and for full time students. For information about discounts or educational/governmental subscriptions, contact us by clicking here. A separate password is required for each member of a firm wishing access to restricted links.

New readers can receive a free password good for 30 days by clicking here. 30-day passwords are not available to readers who have previously had a password, even if the password was associated with a different email address used by the reader. Refunds are not available after purchase.

Readers who wish to change their passwords should click here. Readers who have forgotten their password should click here.

Adding Your Email Address To The Distribution List
If you would like to start receiving The Daily Bankruptcy News by email each day, click here, and fill in the information requested. There is no charge to be placed on the distribution list to receive the headlines, although access to many of the links behind the headlines requires a paid subscription (see above, under Passwords). If, after adding your email address to the distribution list, you do not receive an email confirming the addition, please contact us by clicking here for help.

Removing Your Email Address From The Distribution List
If you already receive The Daily Bankruptcy News by email and you wish to remove your email address from the distribution list, click here and send the email that should appear. You do not need to type anything in the body of the email message. Note that the email asking for removal must be sent from the same email address which is on our distribution list. If you do not receive an email confirming deletion of your email address from the distribution list, contact us by clicking here for help.

If receive the publication forwarded from an older email address, you will need to contact us as described below for help removing that older address from our distribution list.

Press Releases/News Tips
Please send press releases and news tips to admin@bkinformation.com

Contact Us
The Daily Bankruptcy News is published each business day by BKINFORMATION.COM, L.L.C. You can phone or text us at 281-402-3957. You can email us at accounting@bkinformation.com (email inquiries are usually answered substantially more quickly than phone inquiries). Our mailing address is 935 Eldridge Road, No. 350, Sugar Land, Texas 77478.

Copyright 2015