December 21, 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:

Associate Bonus Watch: A Laggard From Last Year Makes Amends
(DBN)

Associate Bonus Watch: Another Market Match (With Extra Cash For High Billers)
(DBN)

Associate Bonus Watch: West Coast Power Decides Not To Disappoint Its Associates This Year
(DBN)

Associate Bonus Watch: Small Firm, HUGE Bonuses!
(DBN)

Associate Bonus Watch: Cravath Scale ‘Blown Away’ By Rival Firm
(DBN)

Jones Day names new bankruptcy partner
(DBN)

10 Big Issues Facing the Legal Market in 2016
(DBN)

Like Obama, Big Law Chair Says ‘Law School Should Be Two Years’
(DBN)

NLJ: Law School Enrollment Slumps 5 Percent
(DBN)

At Midsize Firms, Practice of De-equitizing a 'Last Resort'
(DBN)

"Culling" Is Current Buzzword To Refer To Layoffs: Beware If You Hear It At Law Firm
(DBN)

Theranos - If It Crashes, Will Reputations Of Supporters (e.g. David Boies) Take Hit
(DBN)

Is Your Firm Spying On You?
(DBN)

Dentons Gets Bigger (Again)
(DBN)

Meet Sidley Austin’s New Diversity Leader
(DBN)

Hillary Clinton’s Legal Pedigree
(DBN)

Yale Students Sign A Petition To Repeal The First Amendment
(DBN)

Utah courts approve new job designed to fill legal gap
(DBN)

Allen & Overy women, you disappoint us
(DBN)

BigLaw program leads to 35% reduction in stress
(DBN)

LawProse: The Timing of a Joke.
(DBN)

The best smartphones of 2015
(DBN)

13 cool things you didn't know Siri could do
(DBN)

A lawyer reviews the iPad Pro, Smart Keyboard, and Apple Pencil Checking in with the iPad Pro
(DBN)

Ethical considerations of online file storage
(DBN)

4 habits of the most likable people in every office
(DBN)

7 science-backed ways to become more charismatic
(DBN)

Here's a simple trick to make people like you in 2 seconds
(DBN)

The case against sleeping in on weekends
(DBN)

A Harvard psychologist says these simple body-language tweaks can instantly boost your confidence The 7 worst body language mistakes job seekers make
(DBN)

Hate crimes against Muslim Americans have tripled since the attacks on Paris
(DBN)

Florida man tried to hire hit man to murder judge, legal team and one of his victims
(DBN)

Steve Harvey screws up, announces wrong winner for Miss Universe contest, internet loses its mind
(DBN)

Jeter's Underwear Deal Making Big Legal Stink
(DBN)

Ashley Madison users are now receiving blackmail demands in the post
(DBN)

Former Chicago lawyer charged with murdering his wife in 1973
(DBN)

Car repeatedly plows into pedestrians on Vegas Strip
(DBN)

Officer Acquitted After Tazing Man On The Ground 28 Times
(DBN)

Junk Mail: “Mailman Dave” Arrested After Delivering Mail To Law Firm N----
(DBN)

Winner of P------'s College Scholarship is a 48-Year-Old Texan Mom, Law Firm Administrator
(DBN)

Novel Biglaw offers nightmare setting as Christmas read
(DBN)

______________

Judges:

Police Probe Threats to Judge Who Took Oath on Quran
(DBN)

Florida judge canned for insane courtroom brawl with attorney
(DBN)

Judge is back on bench after sports injury damaged vision in both eyes
(DBN)

Judge cites safety concerns in barring officers from bringing guns into courtroom
(DBN)

SCOTUS ‘Loyalty Effect’ Justices tend to agree with presidents that pick them — but stray later
(DBN)

______________

Wall Street:

U.S. stocks set to rebound Santa rally ahead? Dow futures jump triple digits
(DBN)

US stocks tumble on global economic worries Wall St. slides on lower crude prices, stock options expiry
(DBN)

How 'The Devil's Financial Dictionary' defines 13 Wall Street words
(DBN)

Rate Rally Fizzles as Dow Ends Week With Slide
(DBN)

This elite bank paid its top partner a massive $12 million bonus
(DBN)

______________

Layoffs:

Coal company announces layoffs in West Virginia, Virginia
(DBN)

Toshiba to Fire Nearly 7,000 Workers
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Freight:

Amazon's next $400 billion opportunity Amazon in talks to lease Boeing jets to launch its own air-cargo business
(DBN)

____________

Corporate Reform:

JPMorgan Admits It Didn't Tell Clients About Conflicts
(DBN)

____________

Retailing:

A nightmare for retailers
(DBN)

Some 17 percent of Americans have not yet started holiday shopping Discounts lie ahead for last-minute shoppers
(DBN)

Lazard’s Eric Roth talks holiday retail strategies, trends
(DBN)

____________

Celebs:

'Real Housewives of New Jersey' star to be released from prison: paper
(DBN)

Wyly Family Loses Bid to Unfreeze Assets Tied to Stock Fraud
(DBN)

50 Cent net worth: 'Bankrupt' rapper promotes new music after cutting price for mansion
(DBN)

Ex-NFL star eyes bankruptcy over $5m debts Clinton Portis owes nearly $5 million, counts mother as creditor
(DBN)

David Hasselhoff-Endorsed Start-up Enters Bankruptcy
(DBN)

Lenny Dykstra Plays Bad Santa
(DBN)

____________

Food/Beverage:

Historic New Jersey winery works to stay open
(DBN)

A&P bankruptcy : 'It could have been a lot worse'
(DBN)

The healthiest breakfasts you can order at 11 fast-food restaurants
(DBN)

____________

Furniture:

AZ: The RoomStore files for bankruptcy protection
(DBN)

____________

Distressed Investing:

Are Junk Bonds Pointing To Economic Doom?
(DBN)

What you need to know about high-yield bonds — and why they're freaking everyone out
(DBN)

Third Avenue says fund seized up before collapse amid redemption flood
(DBN)

____________


Economy:

Prospects still slim for major global economic pickup U.S. economy is on solid ground — for now
(DBN)

The economy is weaker than the Fed thinks
(DBN)

An Ambiguous Omen, U.S. Household Debt Begins to Rise Again
(DBN)

Where There’s Distress in the U.S. Economy
(DBN)

U.S. Workers May Finally Catch a Break as Wages Look Set to Rise
(DBN)

Tim Cook: Apple chooses Chinese factories because U.S. lags in skills
(DBN)

Affordable Housing and Jobs Are Too Far Apart
(DBN)

Wall Street is starting to worry about the R-word
(DBN)

US Economy Gains New Jobs; Unemployment at 7-year Low Here's every US state's unemployment rate
(DBN)

Where the Jobless Rate Is 2.3%, Here’s What Happened to Wages
(DBN)

21 best jobs of the future
(DBN)

Goldman Sachs: Don't have kids
(DBN)

Here's the new Fed dot plot
(DBN)

Why Inflation May Overrun the Fed
(DBN)

Fed's Lacker says four rate hikes in 2016 would be gradual
(DBN)

Fed to raise rates again in March, follow up with fewer hikes: Reuters poll
(DBN)

IMF reforms clear last hurdle
(DBN)

Do Minimum-Wage Boosts Reduce Reliance on Government Assistance?
(DBN)

The Grim News About Demographics and Federal Spending
(DBN)

How much money exists in the entire world, in one chart
(DBN)

The IMF Changes its Rules to Isolate China and Russia
(DBN)

US Debt Clock
(DBN

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

NYC investor looking to scoop up Berjac of Oregon bankruptcy claims
(DBN)

Million-dollar houses differ hugely from city to city
(DBN)

Fed hikes interest rates: what it means for homebuyers, owners, and mortgage refinancers
(DBN)

____________

Municipalities:

Puerto Rico electric utility said to reach tentative debt plan
(DBN)

Inside the Billion-Dollar Battle for Puerto Rico's Future
(DBN)

Puerto Rico Deal Is Only a Small Fix for $70 Billion Debt Crisis
(DBN)

Sen. Warren Introduces Puerto Rico Emergency Financial Stability Act
(DBN)

Lew: Congress missed 'crucial' chance to help Puerto Rico Restructuring needed for Puerto Rico debt solution -Treasury's Lew
(DBN)

'Common sense steps' needed to help Puerto Rico: WH
(DBN)

Puerto Rico government pays Christmas bonuses
(DBN)

Congress Passes Omnibus Without Puerto Rico Aid
(DBN)

Congress might actually do something about Puerto Rico's debt crisis next year
(DBN)

Insurer, Bondholders Slam San Bernardino on Financials
(DBN)

Default More Likely for Puerto Rico Without Big US Budget Help
(DBN)

Lawmakers eye options amid Pennsylvania budget deal's defeat
(DBN)

____________

Autos:

This is why Volkswagen wants to settle with diesel owners right now
(DBN)

How Feinberg Plans to Help VW Settle Diesel Scandal
(DBN)

____________

Fraud:

Shkreli resigns as Turing CEO after securities fraud arrest Shkreli: Authorities targeted me over hike Shkreli's lawyer hikes fees by 5,000 per cent :)
(DBN)

Feds: Company Touting 5% Weekly Returns Was Multi-Million Dollar Ponzi Scheme
(DBN)

Former Lawmaker's Son-in-Law Gets Two Years For $6 Million Ponzi Scheme
(DBN)

Former Bank VP Gets 2.5 Years For Role In Rothstein Ponzi Scheme
(DBN)

____________

Oil/Gas:

At crunch time for U.S. drillers, warm weather threatens meltdown
(DBN)

Oil plays the role of Grinch this year
(DBN)

Brent crude skids to lowest since 2004
(DBN)

US oil rig count jumps
(DBN)

Magnum Hunter roundtable discussion highlights potential stumbling blocks to reorg proposal
(DBN)

New Gulf Joins Energy's Chapter 11 Parade
(DBN)

Magnum Hopeful in Bankruptcy Despite $1 Billion in Debt “Don’t Worry, It’s Just Bankruptcy! We’ll Still Be A Leader in Shale!”
(DBN)

Gas prices in the US are at a 6-year low
(DBN)

Iraqi oil minister says oil prices are too low
(DBN)

Carnage In U.S. Natural Gas As Price Falls Off The Chart
(DBN)

Energy companies facing labor, bankruptcy and stock issues
(DBN)

Big opportunity in oil price drop
(DBN)

OPEC's in jeopardy, and its members can't hold on forever
(DBN)

Oil Prices Slam Louisiana Job Market
(DBN)

Don't Expect Wave of Commodity Defaults
(DBN)

Oil Producers Face Crude Change of Economics
(DBN)

____________

Alternative Energy:

Solar Tax Credit to Spur $40 Billion in U.S. Investment, Add Hundreds of Thousands of Jobs, by 2020
(DBN)

____________

Hollywood:

Feud Between Relativity Founder, Consultants Erupts in Bankruptcy Filings
(DBN)

____________

Religion:

Lawyers for Gallup Diocese say deal in bankruptcy case near
(DBN)

Archdiocese, Ramsey County reach landmark settlement in clergy abuse
(DBN)

Minnesota archdiocese settles civil case with county prosecutor
(DBN)

Foohey on Black Churches in Bankruptcy
(DBN)

____________

Religion:

Why these Americans are 'done' with church, but not with God
(DBN)

____________

Healthcare:

El Paso County accuses consultants of mismanaging hospital El Paso county says law firm overcharged them in Children's Hospital bankruptcy case
(DBN)

Lehigh Regional Medical Center's sale delayed
(DBN)

Drug Overdose Deaths Rose 14% From 2013 To 2014 (at all-time high)
(DBN)

____________

Education:

Cooking school that trained Julia Child to close US campuses
(DBN)

The 17 US colleges where students earn salaries over $75,000 a decade after attending
(DBN)

22 MBA programs where graduates earn more than $110,000 right out of school
(DBN)

____________

Student Debt:

What Every Millennial Wishes You Understood About Student Loan Debt
(DBN)

____________

 


New Bankruptcy Opinions
(8 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (20 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (9 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)

______________

Miscellaneous:

The Week Ahead
(DBN)

Lookback Period: Six Weeks (Part 3)
(DBN)

___________

Secured Debt:

Well-Reasoned "True Sale" Opinion from Middle District of Pennsylvania Bankruptcy Court
(DBN)

____________

Foreign Law:

MIG, LLC – Virgin Islands Law According to Judge Gross
(DBN)

____________

Bankruptcy Poetry:

Coal
(DBN)

____________

TBTF:

The True Story of the ‘Greatest Corporate Failure in American History’
(DBN)

____________

Politics:

In at least one huge deal in L.A., Trump got schooled The way Trump is funding his campaign presidential campaign is 'maybe unprecedented' Trump's Ceiling Is His Wallet Donald Trump left Joe Scarborough stunned after being asked about Vladimir Putin killing journalists ABC's George Stephanopoulos confronts Donald Trump over his praise for Vladimir Putin Donald Trump: Prove to Me That Putin Has Killed Anyone Donald Trump trashes congressional Republicans after latest budget deal Firebombing Trump could doom or resurrect Bush's campaign How does Vladimir Putin love Donald Trump? Let me count the ways Here's Bernie Sanders's explanation for Donald Trump's rise
(DBN)

Bernie Wins: Will regain access to key data after brawl with national Democratic party
(DBN)

Hillary Clinton is already looking ahead to the general election
(DBN)

A majority of Americans favor a path to citizenship for immigrants living in the US illegally
(DBN)

One in four Americans would bomb the fictional kingdom in “Aladdin”
(DBN)

Hillary Clinton Keeps Rivals at Bay in Democratic Presidential Debate Democratic Debate in Two Minutes Clinton and Democrats pounce on Trump in debate The 3rd Democratic debate, in charts The debate moderators missed the opportunity to ask about a real Democratic divide ‘Sorry!’ Hillary Clinton was MIA as the Democratic debate returned from intermission How Hillary Clinton Won the Debate Months Ago Democratic candidates were asked an odd question about their spouses
(DBN)

Tina Fey and Amy Poehler bring Sarah Palin and Hillary Clinton back to SNL SNL perfectly captured the dynamics of the Republican presidential race
(DBN)

Elizabeth Warren fought Wall Street in last year's omnibus. This year it paid off.
(DBN)

____________

Gambling:

Money can’t buy love (yet) for Atlantic City casino owner
(DBN)

Casino rebuts Muddy Waters's claims
(DBN)

NFL more boring without DraftKings, FanDuel
(DBN)

____________

Aviation:

Court rules airline pilots can't ride share like Uber
(DBN)

____________

Horse Racing:

New bid date for Balmoral Park assets
(DBN)

____________

Guns:

The gun industry’s biggest threat is Obama leaving office
(DBN)

____________

Sovereigns:

Banker to the World Bill Rhodes Counting on Argentina Turnaround
(DBN)

Russia, Ukraine and the not so exceptional IMF loan After Default to Putin, What's Next for Ukraine-Russia Bond Row
(DBN)

____________

UK:

Britain's coal mining days are over
(DBN)

Britain's crazy property market is making 200 people a day millionaires
(DBN)

____________

EU:

Europe's year from hell may presage worse to come
(DBN)

____________

PIIGS:

Why 2016 could bring a new Greek crisis
(DBN)

Spain is voting right now in one of the most unpredictable national elections in history Spain in new political terrain after election Spanish banks slump after election sparks Greek-style uncertainty
(DBN)

Spain's debt-laden FCC group board okays 710-mln-euro capital increase
(DBN)

Spanish stocks fall
(DBN)

Bank of Italy governor calls to temper EU bank rescue rules: Reports
(DBN)

Abengoa Banks Said to Agree Initial Terms for Loan to Pay Bills
(DBN)

____________

Canada:

Canada: Oil Industry to Lose 100,000 Jobs
(DBN)

____________

Ukraine:

Russia sees court fight after Ukraine 'defaults' on $3B bond
(DBN)

Ferrexpo-linked bank to be liquidated
(DBN)

____________

India:

Govt to push Bankruptcy Bill in Parliament Ten Things to Know About Proposed Bankruptcy Code Sensex Rises 217 Points After Introduction Of Bankruptcy Bill
(DBN)

Jaitley's Excellent Reform For India: The New Bankruptcy Code
(DBN)

Rising interest cost points to worsening corporate finances
(DBN)

____________

Bahamas:

Preliminary plan in place for bankrupt Bahamas resort
(DBN)

____________

Brazil:

Brazil's OAS creditors pass bankruptcy plan, Invepar deal
(DBN)

Brazil speeds leniency for corrupt firms to save jobs
(DBN)

Investors on edge: Brazil to scale back austerity?
(DBN)

____________

China:

A private survey of businesses in China uncovered a 'particularly disturbing' trend
(DBN)

____________

Japan:

Toshiba sees $4 billion loss in this fiscal year
(DBN)

____________

Azerbaijan:

Azerbaijan's currency lost almost half its value overnight
(DBN)

____________

Australia:

‘Safe Harbour’ For Insolvent Trading: Australian Reforms Encourage Business Activity
(DBN)

Moody faces bankruptcy as hearing adjounred
(DBN)

____________

Mexico:

ICA Skips Debt Payment as $1.35 Billion Bond Default Looms
(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