August 25, 2015

The Daily Bankruptcy News

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Law:

Baker & McKenzie Posts Lower Revenue, Makes Investments Baker & McKenzie Drops Behind DLA Piper as Gross Revenue Leader
(DBN)

Dewey Defense: GC Kept Mum As Firm Wooed Investors Dewey & LeBoeuf Time-Lapse Coverage: Trial Recap
(DBN)

Unhappy life of litigators highlighted by New Yorker
(DBN)

Law firms risk all by emphasis on profits per partners, says professor
(DBN)

Law Firms Eye Global Market Turmoil, China Plunge
(DBN)

Stocks Tanking? Lawyers Check Their Risk Exposure
(DBN)

GC Is Sick of Conflict Waivers
(DBN)

Ford GC: 'I Don't Try To Define Law Firms; I Try To Solve Problems'
(DBN)

Big Law’s Race and Gender Problem
(DBN)

Your Clients Want Alternative Fees: Is Your Firm Ready?
(DBN)

After Bingham Bolt-On, Morgan Lewis Subleases Unused Space
(DBN)

If You Think It - Please Don't Say It!
(DBN)

How To Answer Annoying Interview Questions
(DBN)

Glass 'both half full and half empty' for law firms
(DBN)

Bankruptcy Lawyer: What Is The Role Of Lawyers?
(DBN)

Bankrupt Prompt Pay Company Sues Lawyer, Firm
(DBN)

Ethics case alleges ‘settlement shakedown’
(DBN)

Law Grad Drowning In Debt Tries To Sell Law Degree On Craigslist
(DBN)

Practical-Skills Plan Divides Law School Association
(DBN)

Which T14 Law School Officially Has The Best Sense Of Humor?
(DBN)

Alaska’s first law school is satellite Seattle U campus
(DBN)

The Recurring Error: From First-Year Law Student Through Retirement
(DBN)

The Ashley Madison hackers alerted the company to the hack by taking over their computers and playing 'Thunderstruck' by AC/DC Ashley Madison is offering a $500,000 reward as police say there have been 2 unconfirmed suicides After Ashley Madison leak, feds rush to see if workers broke the rules
(DBN)

Here’s the sad truth about working over 60 hours a week
(DBN)

6 steps to staying calm under pressure
(DBN)

Surprising ways that caffeine affects your body and brain
(DBN)

There might be a new way to combat the terrible effects of sitting all day
(DBN)

Is This Racist? State Bar Can’t Tell If This Is Racist.
(DBN)

Peggy Hubbard's Video on Black Lives Matter
(DBN)

Lawyer buys and mans fire truck to help protect neighbors threatened by wildfires
(DBN)

Court Says the FTC Can Slap Companies for Getting Hacked
(DBN)

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Judges:

This judge didn't want to give a 55-year marijuana sentence. But the law forced him to.
(DBN)

Indiana county clerk banned from courthouse in dispute with judges
(DBN)

Texas judge sued by former employee for alleged sexual harassment
(DBN)

Where Can You Get A Ruth Bader Ginsburg Manicure?
(DBN)

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Wall Street:

Wall Street set to rebound after massive selloff; futures rally 3% Europe markets surge over 4% after 'Black Monday' Futures escalate gains after China slashes rates Dow futures spike up to 600 points after selloff World markets rebounding as China stocks dive
(DBN)

Closing bell: Stocks Get Clobbered In A Chaotic Day On Wall Street How bad was Monday's stock market crash? This chart puts it in context
(DBN)

Why the Dow crashed 1,000 points in 4 minutes None of the theories for the Black Monday market crash adds up But if you want a basic explanation ... VIX 'fear index' skyrockets to 7-year high
(DBN)

Here's how ugly it needs to get before they shut down the stock market NYSE Invoked Rule 48 to Stop the Carnage
(DBN)

Where will Buffett put his money as markets collapse?
(DBN)

Financial advisors to clients: Stay calm, carry on
(DBN)

Gen Y investors are just saying 'no' to stocks
(DBN)

New El-Erian: Stocks have a lot lower to go from here
(DBN)

Tim Cook emails Jim Cramer to say everything's fine
(DBN)

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Layoffs:

A&P to lay off 8,500 in New Jersey
(DBN)

DSM to cut up to 1100 jobs as it reorganizes
(DBN)

Boeing could be about to make 'several hundred' layoffs
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Celebs:

Before he self destructed: chronicling the fall of 50 Cent
(DBN)

50 Cent: Woman from sex tape case wants her 'pound of flesh'
(DBN)

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Television:

Failed Sports Network Cost Comcast $100M
(DBN)

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Gambling:

Caesars Entertainment Corp Pops as Much as 14% After Reports About Anti-Money Laundering Settlement
(DBN)

Caesars in restructuring pact with first-lien leveraged loan holders Company says deal is similar to one with first-lien bondholders announced in August Caesars strikes a deal with largest lenders over restructuring efforts
(DBN)

Casino workers prepare for strike
(DBN)

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Electricity:

Ten Years After: How Entergy New Orleans survived Hurricane Katrina
(DBN)

Breaking down Hunt's $19B bid for Oncor
(DBN)

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Economy:

Goldman: Don't freak out about a global recession
(DBN)

Larry Summers: The Fed could take this sucker down
(DBN)

Yellen Confronts Greenspan Oasis Warning as She Weighs Rate Rise
(DBN)

What the Stock Market Sell-Off Means for the Fed and Interest Rates
(DBN)

US inflation probably lower than reported, Fed study says
(DBN)

Rising Rate Jitters: Why?
(DBN)

Barclays: The Fed will yield to the market
(DBN)

Commodities Slump to 16-Year Low on Mining, Oil Stocks
(DBN)

US Debt Clock
(DBN

Economic Indicators Dashboard
(DBN)

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Real Estate:

Black Monday hits housing, mortgage finance worse than Dow, Nasdaq Dow crash will only temporarily slow housing stocks
(DBN)

Colony owners suffer blow in court
(DBN)

Fannie Mae economic outlook for the second half of 2015 less upbeat
(DBN)

Toll Brothers profit falls, but orders rise
(DBN)

Homeowner’s insurance costs twice as much with poor credit
(DBN)

HUD moves to officially revise FHA lien pecking order
(DBN)

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Municipalities:

Puerto Rico May Not Get Supreme Court to Take Up Restructuring Case
(DBN)

Puerto Rico says water authority not at risk; investors wary
(DBN)

Detroit and Puerto Rico, a tale of two issuers
(DBN)

The Nobel Prize and Puerto Rico
(DBN)

Puerto Rico’s Private Sector Calls for Chapter 9
(DBN)

Puerto Rico Will Soon Become America's Greece
(DBN)

After Detroit: Fiscal lessons learned for other U.S. municipalities
(DBN)

San Bernardino: In key bankruptcy move, city OKs county fire service
(DBN)

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Movies:

Relativity Lender Pushes to Postpone Bankruptcy Hearing
(DBN)

Relativity Media Stung by Request to Delay Key Hearing
(DBN)

Relativity Fires Back At Manchester As Bankruptcy Judge Keeps Tuesday Hearing
(DBN)

Twentieth Century Fox Lines Up for Relativity Bankruptcy Hearing
(DBN)

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Oil/Gas:

Tues.: Oil prices rally 2%, try to regain $39 level Oil rallies but still near 6-1/2-year lows
(DBN)

Oil Prices Driven Lower By Everything Except Fundamentals
(DBN)

Crude oil collapses to a stunning new low Oil prices tumble again as stock market trembles Oil falls below $40 per barrel again amid wider rout Merciless Market Rout Drags Oil Further Down
(DBN)

The SemCrude Bankruptcy: Commodity Traders Prevail Against Related Fraud and U.C.C. Claims
(DBN)

Director: $20 oil wouldn't surprise me
(DBN)

Worst Junk-Bond Bet Wipes Out Junior Creditors of KKR's Samson
(DBN)

Some Oil Companies a Few Weeks Away From Bankruptcy
(DBN)

Houston’s laid-off oil workers face uncertain futures
(DBN)

Oil Price Rout and Stunned US Workers
(DBN)

Aurelius, Farallon Take Aim at Sabine Oil’s Senior Lenders
(DBN)

Only An OPEC Cut Can Save Oil Prices From Falling Further
(DBN)

Abengoa bond worries are not a one-off
(DBN)

Sinopec Oilfield Service posts wider loss
(DBN)

Gasoline Is Both Incredibly Cheap and Absurdly Expensive
(DBN)

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Politics:

Trump: Hedge funders don't do anything but 'move around papers' — and it's embarrassing we don't tax them more Donald Trump has millions invested with 'paper pusher' hedge fund managers Trump blames China, ‘poor planning’ for market rout How Trump plans to turn gawkers into hardcore supporters Donald Trump's failed 1989 board game Donald Trump is catnip for TV news — and he's dominating the competition If you want to understand Donald Trump, look to the success of the European far-right Mark Cuban: There's one word that sums up Donald Trump Practical Strategy Lessons From Jimmy Carter, Jason Day And Donald Trump Donald Trump’s USA Inc. will kill our climate, our economy and our democracy Can the Republican Party Survive Trump?
(DBN)

What will Obama do if Biden runs for president? The Biggest Divide Between Joe Biden And Elizabeth Warren Family issues weigh heaviest on Biden as he considers a 2016 campaign
(DBN)

Praise For Hillary Clinton’s Lawyer — From A Surprising Source
(DBN)

One of the GOP’s strongest candidates seems completely befuddled on an issue spearheaded by Donald Trump
(DBN)

Bush: People should ‘chill out’ over ‘anchor baby’ issue
(DBN)

There's an ominous precedent lurking over Hillary Clinton's email scandal
(DBN)

2016 Hopefuls Seize on Wall Street’s Wild Day
(DBN)

Obama feeling 'feisty,' ready to take on 'crazies'
(DBN)

Does Elizabeth Warren regret not running for president?
(DBN)

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Healthcare:

Feud escalates over future of troubled Newark hospital
(DBN)

Barnabas and Newark hospital avert clash in bankruptcy hearing
(DBN)

Victory's San Antonio hospital sold
(DBN)

Financing deal paves way for HDL sale
(DBN)

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Education:

Government Agencies Object to Corinthian Colleges Liability Releases
(DBN)

The Coddling of the American Mind
(DBN)

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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 (10 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)-(9)-(10)
(DBN)

Seminars - (Contact us to list your seminar)

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DIP Finance:

Molycorp Lender Fight Highlights Costly Crossroads Of Structural Priming And DIP Lending
(DBN)

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Avoidance Actions:

Preference on Single Payment Loses to Ordinary Course Defense
(DBN)

Furniture Brands International - 93 Additional Preference Claims Filed
(DBN)

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Lien Stripping:

Here Today, Gone Tomorrow: Confirmation of a Chapter 11 Plan Could Strip Your Liens if You’re Not Careful
(DBN)

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Contempt:

Adversary Complaint or Motion: How to Prosecute Contempt Proceedings in Bankruptcy
(DBN)

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Bonds:

Southern District of New York Recognizes Bondholders’ Rights Under Section 316(b) of the Trust Indenture Act
(DBN)

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Litigation:

During Depositions, It Pays to Be Nice to Your Opponent
(DBN)

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Advisors:

Guggenheim Hires Jefferies’s Rohan for Restructuring Role
(DBN)

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Mass Torts:

Ten times more deaths linked to faulty switch than GM first reported
(DBN)

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Debt Collection:

Bona Fide Error Defense Shields Debt Collectors From Liability For Mistaken Interpretation Of Statute Of Limitations
(DBN)

FDCPA Lawsuits Up Sharply YTD in 2015 vs. 2014
(DBN)

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Resorts:

Baha Mar Accuses Cca Of 'Still Withholding Documents'
(DBN)

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Mining:

BHP Billiton profit plunges 86% in commodity slump
(DBN)

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Religion:

Milwaukee archdiocese to file bankruptcy plan amid sex abuse settlement Archdiocese of Milwaukee plan would pay more sexual abuse victims
(DBN)

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Fraud:

Lawyer who made fortune over p--- threats charged with fraud
(DBN)

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Student Debt:

Student loan debt: America's next big crisis
(DBN)

Fact Check: Is Refinancing Student Debt Really Good Policy?
(DBN)

A fix for student loan debt
(DBN)

Hillary's debt-free college plan comes with a hefty price-tag
(DBN)

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Retailing:

Best Buy shares soar 11% after earnings easily beat
(DBN)

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PIIGS:

Greece Gets Something Right! How Greece outflanked Germany on debt relief Greek bank bonds: brace yourself for bail-in
(DBN)

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Canada:

Nine West’s Canadian stores sold to U.S. owner of brand; new subsidiary to run business
(DBN)

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China:

China cuts interest rates and reserve requirement China cuts interest rates for fifth time in 9 months
(DBN)

Chinese stocks got obliterated again on Tuesday
(DBN)

What analysts are saying about China's stock crash Exactly how panicky should we be about China? China’s ‘Black Monday’: 2015 stock-market gains swamped by panic There's no saving China now
(DBN)

China record capital outflows
(DBN)

The next shoe to drop in China? The banks
(DBN)

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Russia:

Moscow Commercial Court dismisses My Bank bankruptcy hearing
(DBN)

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India:

FM: Plan to bring in new bankruptcy code soon
(DBN)

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Ukraine:

Belarusian bank of Ukrainian banker declared bankrupt
(DBN)

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Romania:

Owner makes demands to save Romanian insurer from bankruptcy
(DBN)

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