September 30, 2015

The Daily Bankruptcy News

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Law:

Dewey Jury Questions Suggest Indecision Still no verdict in Dewey case as jurors ask judge about procedure for undecided members Jury Drama Drags on at Dewey & LeBoeuf Trial
(DBN)

Starting associate pay of $160K is common--but not as common as in 2009
(DBN)

In-house lawyers start to search out revenue generators
(DBN)

Latham tops Global 100 with $2.6B in earnings; revenue is up 4.5% overall
(DBN)

Was lawyer’s courtroom selfie photo a breach of decorum? Is It Ethical To Take Selfies With Your Acquitted Client?
(DBN)

Which states had the greatest growth in lawyer population?
(DBN)

Citi Analyst: There is a ‘Fundamental Shift’ in the Litigation Market
(DBN)

Are the Worst Days for Law Firms Behind Them?
(DBN)

All the Wrong Career Moves, and How to Avoid Them
(DBN)

Five Legal Startups You Should Get to Know
(DBN)

Baker & McKenzie Tops Latest Global Brand Survey
(DBN)

The State Of The Legal Profession In 2015
(DBN)

What the jobs are: New tech, new client needs create a new field of legal operations
(DBN)

Drastic change needed in 'outdated and unworkable' lawyer advertising rules, says report
(DBN)

Every Tenure Letter Ever Written
(DBN)

Columbia Law School’s Very Public Fail
(DBN)

Beyond Biglaw: Effectively Ending Engagements
(DBN)

Majority of general counsel admit to using cut & paste templates for drafting thousands of contracts
(DBN)

What’s In It For Me?
(DBN)

24 ways to influence even the most resistant people
(DBN)

How to prevent yourself from getting ‘office bod’
(DBN)

People are complaining that the new iPhone fingerprint sensor is TOO good
(DBN)

Insiders are stealing data without law firms even realizing it
(DBN)

The perils of mixing personal and professional email
(DBN)

Google unveils everything Apple did, but cheaper
(DBN)

Lawyers Urge Caution on Wearable Devices on the Job
(DBN)

That Dumb Old Facebook Copyright Hoax Is Going Around Again
(DBN)

Adobe's PDF product has a new face, new skills
(DBN)

Hands-On With Google’s New Nexus 6P and Nexus 5X Smartphones
(DBN)

Restructuring Pros Use Flip Phones: "If you're calling somebody about the biggest transaction or bankruptcy of their life, you want to sound like you're sitting next to them"
(DBN)

You Are Already Behind Enemy Lines — Protecting Yourself From Email Attacks
(DBN)

LawProse: Is “pursuant to” ever useful?
(DBN)

New '.law' suffix could set off a domain gold rush
(DBN)

These lawyers battle in the boxing ring as well as the courtroom
(DBN)

Ralph Nader opens his American Museum of Tort Law
(DBN)

South Carolina courts tackle quality-of-life issues
(DBN)

Judge sends sheriff to seize husband’s devices after spyware is found on wife’s phone
(DBN)

Indicted estate planning lawyer to take plea; victims say she stole millions
(DBN)

This lawyer is now representing a death row inmate he reported on as a TV newsman
(DBN)

Brazen robbers targeting posh eateries in New Orleans
(DBN)

Maryland man sues Ashley Madison, alleging fraudulent misrepresentations
(DBN)

How 40,000 'women' on Ashley Madison shared just six email addresses
(DBN)

What NFL's expedited Deflategate appeal means for Brady, league
(DBN)

US Violent Crime Rates Still Declining
(DBN)

Kim Davis’s Lawyers Get A Little Too Aggressive In Latest Promotion Kim Davis' lawyer says she met with pope
(DBN)

Bill Cosby Stripped of More Honors
(DBN)

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Judges:

John Roberts marks 10 years as chief justice by taking the long view
(DBN)

Brooklyn judge: Assault victims were ‘no angels’ — violence is just part of their ‘culture’
(DBN)

U.S. appeals court backs SEC's use of in-house trials
(DBN)

11th Circuit History Lesson!
(DBN)

Convicted judge can’t get pension back, even after felony is reduced to a misdemeanor
(DBN)

Are weeds protected by the First Amendment? Posner thinks not
(DBN)

SCOTUS About to Go Conservative Again
(DBN)

______________

Wall Street:

U.S. stocks set for gains
(DBN)

Stocks mixed: Nasdaq deeper into red for 2015
(DBN)

How much worse can it get for stocks?
(DBN)

Q3 earnings season could be turbulent for stocks
(DBN)

Wall Street strategists cut 2015 S&P 500 forecasts; small rise seen: poll
(DBN)

Global markets to log worst quarter since 2011
(DBN)

The definitive ranking of Wall Street investment banks in every business line
(DBN)

______________

Layoffs:

Here's What Whole Foods Offers to Laid-Off Employees
(DBN)

Chesapeake Energy lays off 740 workers companywide
(DBN)

Amplify Education Laid Off an Estimated Two-Thirds of Staff, 800 jobs
(DBN)

Bank of America Is Bidding ‘A Couple Hundred’ Bankers Adieu
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Food/Beverage:

Buyers, Investors Paying Up for Tasty Food Deals
(DBN)

Haggen promises laid-off workers here will be paid on time
(DBN)

Whole Foods CEO: We're facing a 'tectonic shift'
(DBN)

____________

Education:

Higher Ed in Distress: Is There a Restructuring Solution?
(DBN)

Lawsuit: College prep company is insolvent, owes millions
(DBN)

3 charts that should terrify America's small colleges
(DBN)

____________

Coal:

Walter Energy, Buying Time For Reorg Plan Talks, Nets OK To Use Cash Court extends Walter Energy's ability to use cash collateral through Oct. 21
(DBN)

____________

Hollywood:

Relativity Executive Bonus Details to Remain Secret
(DBN)

____________

Fraud:

$72M judgment upheld against Huntington Bank in Barton Watson's Cyberco scheme
(DBN)

Banker Tied To Rothstein's Massive Ponzi Scheme Will Plead Guilty
(DBN)

____________

Paper:

Another blow to Maine paper industry: Old Town mill to close
(DBN)

____________


Economy:

Consumer confidence nears post-recession top Consumer Confidence: Here Today, Gone Tomorrow?
(DBN)

A third of couples go into debt for their wedding day
(DBN)

IMF: Financial Crisis if Interest Rates Raised
(DBN)

A Global Recession?
(DBN)

How rich are the Forbes 400, really?
(DBN)

The Average American Worker Earns Less Today Than 40 Years Ago
(DBN)

GE moving jobs to Canada, blames US Congress on Ex-Im Bank
(DBN)

IMF warns of coming spike in emerging market company failures IMF Flashes Warning Lights for $18 Trillion in Emerging-Market Corporate Debt
(DBN)

BofA Sees Junk-Bond Train Wreck as Pain Spreads Across Market
(DBN)

Low Bond Liquidity May Trap Investors When Rates Climb, IMF Says
(DBN)

The Young People Who Got Screwed by a Strong Economy
(DBN)

US Debt Clock
(DBN

Economic Indicators Dashboard
(DBN)

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Real Estate:

Home Prices in 20 U.S. Cities Increased 5% in Year to July U.S. Home-Price Growth Remains Strong in July, Case-Shiller Says S&P/Case-Shiller: July sees amazing annual home-price gains
(DBN)

The hottest 20 places to buy a home right now
(DBN)

83% of Mortgages Sold by Government to Banks and Hedge Funds End in Foreclosure
(DBN)

Mortgage applications drop after big jump
(DBN)

Cash sales in June drop to 31%
(DBN)

CHLA unveils plan for massive GSE reform, ending profit sweep
(DBN)

Tough News for Lenders – Major NC Supreme Court Decision on Collection of Post-Foreclosure Deficiencies
(DBN)

____________

Municipalities:

Senate Finance Committee on Puerto Rico Statements: Pedro R. Pierluisi Melba Acosta Douglas Holtz-Eakin Sergio M. Marxuach Orin Hatch Ron Wyden
(DBN)

Puerto Rico Demands Same Bankruptcy Help As States Get (Which is none ??????)
(DBN)

U.S. Sen. Hatch says no help for Puerto Rico unless better disclosure
(DBN)

Puerto Rico Congressman: We feel like 2nd class citizens
(DBN)

Puerto Rico officials press lawmakers for bankruptcy power Puerto Rico Looks for Help From Washington
(DBN)

Puerto Rico Debt Crisis Eludes U.S. Fix, Top Republicans Say
(DBN)

Puerto Rico's Congressman at Odds With Governor Over Debt Crisis
(DBN)

Can a Puerto Rico Bankruptcy Be Revisited?
(DBN)

UBS Unit to Pay $34 Million in Settlements Over Puerto Rico Bond Funds
(DBN)

Senator Hatch says Puerto Rico faces "enormous fiscal challenges"
(DBN)

Hillview residents upset over property tax increase following city's bankruptcy
(DBN)

Cities with Fastest Growing Economies
(DBN)

____________

Mining:

Mining & Metals: Weathering the storm no more
(DBN)

Glencore shares just came roaring back What Are the Prospects for Glencore's Recovery? Glencore Said to Plan Meeting With Debt Investors After Rout Glencore Extends Gains in London, Says It Has No Solvency Issues Glencore Credit-Line Concerns Are `Overblown,' Macquarie Says Glencore's shares rebound, but the story is far from over
(DBN)

____________

Politics:

Power Rankings: Here's who has the best chance at being our next president
(DBN)

Donald Trump Is Not Going Anywhere: "He campaigns in poetry in much the same way a wild hog sips chardonnay" Forbes gave Trump’s net worth a $5.5 billion haircut Trump: ‘If Russia wants to go and fight ISIS, you should let them' Inside The Epic Fantasy That's Driven Donald Trump For 33 Years Donald Trump clobbers 'bankrupt' Forbes for 'embarrassing' $4.5 billion net-worth valuation The Art Of The Trump: Just How Did Someone So Crazy Become So Rich? Donald Trump, the Santa Claus of tax reform Donald Trump's tax plan is all talk Math in GOP White House front-runner Donald Trump's tax plan doesn't always add up Trump's Used Beds, Mirrors and TVs Can All Be Yours Trump Tax Plan A Triumph Of Showmanship Over Common Sense Conservatives Analyze Trump Tax Plan Tom Brady Walks Back Donald Trump Endorsement Bill O'Reilly confronts Donald Trump after Fox News boycott: 'You have to be kind of presidential'
(DBN)

Jeb Bush to Donald Trump: I'm 'flattered' that you stole my tax plan Jeb's Poll Numbers are Just Horrible
(DBN)

Ben Carson's first 10 fact-checks
(DBN)

New Batch of Clinton E-Mails Comes Due Amid Pile of Lawsuits
(DBN)

Kasich Fact Check: "When I left Washington, we had a $5 trillion surplus."
(DBN)

Ted Cruz Sternly Rebuked by GOP Shunned Cruz Trashes Congress in Speech How Mitch McConnell Outfoxed Ted Cruz Rand Paul on Cruz: He's Done for in the Senate
(DBN)

____________

Shipping:

Sinking Rates Send Shippers Sailing to Bankruptcy
(DBN)

Daiichi Chuo bankruptcy: Shipper's post-boom rebuilding ran aground with China's slowdown
(DBN)

____________

Oil/Gas:

Paragon Offshore: A Discussion Of Cash Flows, Bankruptcy And Restructuring
(DBN)

Black Gold Runs Red
(DBN)

Chesapeake slashes 15% of workforce
(DBN)

The oil crash just gave this industry its best quarter in 7 years
(DBN)

Even The Majors Are Getting Crushed
(DBN)

Shale Firms Secure Loans Amid Low Oil Prices
(DBN)

Rescue Funding Could Fall Flat For Companies Needing A Life Vest
(DBN)

TPH: Production from Big Three shale plays will suffer with $50 oil
(DBN)

Rig repair firm, apology for mistreated workers
(DBN)

____________

Personal Finance:

7 signs you aren't as good with money as you think you are
(DBN)

____________

Concerts:

Concert promoter SFX is looking to jettison assets, explores fire sale
(DBN)

____________

Healthcare:

El Paso Children's Hospital gives details it says shows it agreed to UMC deal
(DBN)

The $37.1 million sale of Health Diagnostic Laboratory Inc. still leaves many questions
(DBN)

SRHS pension gets a trustee, retirees told good news coming
(DBN)

HDL buyer to dissolve brand
(DBN)

____________

Electricity:

Hunt group files for takeover of Oncor power utility Ray Hunt Launches Bid to Takeover Oncor
(DBN)

____________

Gambling:

Revel judge approves more than $17.8 million in fees
(DBN)

____________

Non-Profits:

FEGS Execs Got Fat Payouts as Bankruptcy Loomed Amid Rampant Mismanagement
(DBN)

____________

Hotels:

Hotel Conneaut operator files for bankruptcy
(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 (24 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (2 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)

______________

Eligibility:

Another Marijuana Bankruptcy Case Bites the Dust as the Arizona Bankruptcy Court Dismisses an Involuntary Case Filed Against a Medical Marijuana Dispensary
(DBN)

____________

Bankruptcy Reform:

More Companies File Second Bankruptcy After Reforms
(DBN)

Should student loans be dischargeable in bankruptcy ?
(DBN)

____________

Standing:

Panel Says Herbalife Heir Lacks Standing to Appeal Settlement Approval in Bankruptcy Dispute Trust Beneficiary Has Limited Standing To Object in Chapter 11 says Ninth Circuit Ninth Circuit Sidelines Young Herbalife Heir
(DBN)

____________

TIA:

Mark Roe: End the Trust Indenture Act’s Bondholder Voting Ban Richard Chesley: Marblegate Shouldn’t Cause Rush to Bankruptcy Court Sharon Levine: Rulings May Deter Companies from Registering Bonds
(DBN)

____________

Trustees:

Bankruptcy trustee may be tossed from all of his cases due to hotel bill, 5th Circuit says
(DBN)

____________

Plan Confirmation:

Are Some Creditors More Equal Than Others ? Gifting as an Exception to the Absolute Priority Rule
(DBN)

____________

Safe Harbors:

Code's Safe Harbor Provision Continues to Expand
(DBN)

____________

Corporate Governance:

Thinking About Directors’ Duties and Directors’ Liabilities
(DBN)

____________

Chapter 13:

Caulkett Does Not Apply in Chapter 13
(DBN)

____________

Sales:

Avoiding Successor Liability in Distress Sales
(DBN)

____________

TBTF:

Warren and Vitter Call for End of 'Too Big to Fail'
(DBN)

____________

Corporate Reform:

House committee grills CFPB director on TRID, HMDA and more
(DBN)

____________

Resorts:

Baha Mar Talks 'Need Two Sides'
(DBN)

____________

Retailing:

No Letup In Sight For Retailers' Tough Times
(DBN)

____________

Student Debt:

Central State students carry most student loan debt in nation
(DBN)

Actually, You Can Discharge Student Debts and the Feds Want to Make It Easier
(DBN)

2016 Breakdown: The Candidates on Student Loan Debt
(DBN)

Agency Slams Student Loan Servicers
(DBN)

Consumer Regulator Considers Student Loan Rules To Fix ‘Widespread Failures’
(DBN)

____________

Awards:

Lawyer wins national award for pro bono debt relief program in Massachusetts
(DBN)

____________

Taxis:

Another Taxi Bankruptcy: Farb, Inc. in Massachusetts – Is This the Uber Effect?
(DBN)

____________

Autos:

3,200 Workers in Volkswagen's Only U.S. Plant Watch and Wait Dozens of VW lawsuits will almost surely be consolidated, but where? Board Member: VW Staff Acted Criminally County wants $100 million for Volkswagen fumes VW's Promised Diesel Fix is Just for Europe
(DBN)

Fiat Chrysler under-reported deaths and injuries, US safety regulator says
(DBN)

Devious Device Disables Debtors’ Car
(DBN)

____________

Bankruptcy Crimes:

Joplin: Judge delays sentencing in fraud case
(DBN)

____________

Alternative Energy:

Atlantic Hydrogen Inc. Files for Bankruptcy
(DBN)

____________

Sovereigns:

History: Spain declares bankruptcy
(DBN)

____________

UK:

A Guide to European Restructuring and Insolvency Procedure
(DBN)

Powerful Changes to UK Insolvency Legislation – Are You Ready?
(DBN)

LM action group criticizes rising costs of insolvency
(DBN)

How the banks ignored the lessons of the crash
(DBN)

____________

EU:

Europe stocks set for worst quarter in 4 years
(DBN)

____________

PIIGS:

Scientists are learning more about how the ancient Greek 1% lived
(DBN)

EU Says Probe Still Open on Italy's Existing Deferred Tax Assets
(DBN)

Portugal election could shock if austerity wins votes
(DBN)

____________

Brazil:

Brazil's economy continues to plummet with no relief in sight
(DBN)

Shree Renuka Sugars seeks to protect its Brazil mills from creditors
(DBN)

Insolvency on Brazil electricity market grows - traders
(DBN)

____________

Norway:

Second Bergen Group subsidiary files for bankruptcy
(DBN)

Liquidity Squeeze Is on for Norway Bonds as Oil Drop Drains Cash
(DBN)

____________

Japan:

Japan output slide hints at recession
(DBN)

____________

Singapore:

Singapore's Jurong Aromatics goes into receivership on debt woes Singapore petrochemical firm may go bankrupt
(DBN)

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