December 29, 2015

The Daily Bankruptcy News

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Law:

What’s Going On at Dickstein Shapiro? — An Update on the Bryan Cave Talks
(DBN)

Bankruptcy Lawyer: Surprise! Lawyers Are Problem Drinkers (And Worse)
(DBN)

'Tis the Season for a Law Firm Scamming
(DBN)

Embattled Bankruptcy Attorney Claims Judge Targets Lawyers
(DBN)

The Legal Cost Disease
(DBN)

Hot-Shot Attorney Knows The Value Of Looking Good
(DBN)

M&A activity tops $5 trillion in record 2015
(DBN)

At Harvard Law, A Sex-Assault Case That Won't Go Away
(DBN)

The 2-Year Law Education Fails to Take Off
(DBN)

Grand jury: No charges in Tamir Rice killing Prosecutor: ‘Perfect storm of errors’ Tamir 'had been warned that his pellet gun might get him into trouble' "We don't second-guess police officers"
(DBN)

Most cops who kill people still aren’t charged. But charges are getting more common.
(DBN)

Cop says he shouldn't be fired for s-- on duty
(DBN)

Truck Driver Ignores Signs Banning Trucks and Limiting Weight and Destroys Indiana Historic Bridge . . . Faces $135 Fine
(DBN)

Illinois’ Attorney General Thinks All Forms Of Fantasy Sports Are Illegal Gambling
(DBN)

Man killed in bungled condom machine robbery
(DBN)

'Affluenza' teen taken into custody in Mexico
(DBN)

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Judges:

Breyer: Country’s ‘stronger tradition of civil liberties’ makes another mass internment unlikely
(DBN)

This Supreme Court Justice Actually Has Better Things To Do
(DBN)

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Wall Street:

US stocks eye higher open as oil gains
(DBN)

US stocks open lower to kick off final week of 2015 Stocks drop as oil tumbles: S&P 500 turns red U.S. stocks close lower, weighed by falling oil
(DBN)

Wall Street’s forecast for 2016: Worse than 2015
(DBN)

Is Fed setting up market for a fall?
(DBN)

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Layoffs:

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Personal Finance:

Why Ryan Broyles lives like he made $60,000 last year and not $600,000
(DBN)

10 things not to buy in 2016
(DBN)

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Software:

Bankruptcy court approves Thinkstream sale
(DBN)

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Celebs:

50 Cent Lists Support For Grandfather In New Bankruptcy Documents
(DBN)

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Mining:

Molycorp Lays Out Financial Estimates for Creditors - Company says it would be worth $252 million at most in liquidation scenario
(DBN)

Judge upholds Magnetation contract with steel buyer
(DBN)

Freeport's Moffett Departs as Miner Confronts Commodity Rout
(DBN)

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Debt Collection:

Minnesota Law Firm Impacted by Debt Collection Scam
(DBN)

Massachusetts law firm is accused of suing debtors without ‘meaningful attorney involvement’
(DBN)

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Student Debt:

When You Weren’t Paying Attention Congress Shook Up The Student Loan Market
(DBN)

Student Loan Companies Can Be Sued
(DBN)

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Fraud:

Shkreli hired same audit firm for KaloBios, Retrophin
(DBN)

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Golf:

Judge holds former Silverstone golf course owner in contempt
(DBN)

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Pensions:

Buyer Beware! Purchasers in Asset Sales Liable for Multiemployer Pension Plan Withdrawal Liability
(DBN)

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Data Centers:

Data Center Provider Steel Orca Files for Bankruptcy
(DBN)

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Distressed Investing:

Debt distress level at highest since recession
(DBN)

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Economy:

Why Janet Yellen is Betting on a Comeback for Inflation What Fed rate hike? Interest rates hold steady for 2nd straight week
(DBN)

The Fed's Next Moves
(DBN)

Goldman: America's 'children in the basement' won't be moving out any time soon
(DBN)

Why it feels like everyone is on vacation
(DBN)

New Year’s resolutions for the global economy
(DBN)

Income Growth, Labor Market Improvement Keep Consumer Spending Strong
(DBN)

Is Rising Global Debt a Cause for Concern?
(DBN)

US Debt Clock
(DBN

Economic Indicators Dashboard
(DBN)

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Real Estate:

Buying still more affordable than renting for most of country
(DBN)

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Municipalities:

Puerto Rico's Debt Trap
(DBN)

Puerto Rico is on the brink of a big default
(DBN)

Republicans seeking taxpayer bailout for Puerto Rico investors Bond Predators’ on Puerto Rican Debt Want Their Bailout
(DBN)

Half Of Puerto Rico's General Fund Debt Is Either Optional Pay, Or Invalid COFINA Bonds- Bankruptcy Is Not A Solution
(DBN)

Can Puerto Rico Pay Up?
(DBN)

Puerto Rico: How Important Is General-Obligation Debt Payment?
(DBN)

Puerto Rico governor: U.S. backtracking on island's independence
(DBN)

San Bernardino's Chapter 9 Plan Rejected
(DBN)

Michigan governor pitches pricey plan to fix Detroit schools
(DBN)

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Retailing:

Holiday spending up 8 percent; online sales surge Holiday shopping uptick fueled by gas, web
(DBN)

Amazon: Prime members in 'tens of millions' Amazon signs up 3 million for Prime in one week
(DBN)

Holiday Retail Sales: Winners and Losers of 2015
(DBN)

TigerDirect Has New Owner, Won’t Accept Returns
(DBN)

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Oil/Gas:

Oil down 3 percent, Brent near 11-year low on fears of weaker 2016 Oil Prices Slip After Dour Economic Data from Japan Oil Prices Charging Lower As Oversupply Concerns Plague Traders
(DBN)

Saudi Arabia Cuts Dependence on Oil Amid Slump in Crude Prices Record $98B deficit Saudis Plan Unprecedented Subsidy Cuts to Counter Oil Plunge
(DBN)

Oil Bankruptcies Mark Devastating End Of The Year For U.S. Drillers
(DBN)

$10 Trillion Investment Needed To Avoid Massive Oil Price Spike Says OPEC
(DBN)

As crude oil prices plunge, so do oil exporters’ revenue hopes
(DBN)

There's one sector hedge funds are just itching to shake up in 2016
(DBN)

Oil companies brace for a grim 2016 amid sustained price crash
(DBN)

Crude Oil Prices Are Weak as Iran Ramps Up Exports
(DBN)

The Economics of Oil: Outlook for 2016
(DBN)

Supply outlook clouds crude’s rally
(DBN)

Report: Shale gas surge will export benefits abroad, leaving marginal U.S. gains
(DBN)

Spring Debt Check: The Bellwether That Squeezes Oil, Gas Companies?
(DBN)

Weatherford Might Need $1 Billion To Prevent Bankruptcy
(DBN)

Shell cancels contract for Transocean rig
(DBN)

Will Shale Oil Bankruptcies Upend Oil States International?
(DBN)

Land Drillers Are Trading Below Cost
(DBN)

Oil slump weighing on housing markets in Texas, North Dakota
(DBN)

Texas manufacturers post strong December despite weak outlook
(DBN)

JPMorgan's McClellan Says Low Oil Will Cut Demand for Bonds
(DBN)

UK North Sea Oil Companies Get Leaner Amid Oil Price Crash
(DBN)

Senate to take up HOVENSA deal Tuesday
(DBN)

Short Sellers Increase Bets in Major Oil Stocks
(DBN)

Asian energy sector falls as oil prices dip again
(DBN)

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Politics:

Trump wants you to believe he's no fan of hedge funds Donald Trump unloads on 'lowlife' newspaper publisher after critical editorial
(DBN)

Clinton vs. Trump: Still A Dead Heat
(DBN)

Ben Carson on the brink: ‘A process like this is pretty brutal’
(DBN)

Soros blasts Cruz, Trump for stoking fear
(DBN)

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New Bankruptcy Opinions
(2 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (12 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)
(DBN)

Seminars - (Contact us to list your seminar)

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Bankruptcy Statistics:

6 Companies That Won't Be Around in 2017
(DBN)

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Small Business:

“Traps for the Unwary”: § 1129(e) and “Small Business Debtors”
(DBN)

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Contracts:

LOI: Delaware Supreme Court Pens Must-Read Contract Decision
(DBN)

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Corporate Governance:

Must CEO gender gap is still huge, and getting worse
(DBN)

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Distressed Investing:

PwC audit found no problems at Third Avenue's failed junk bond fund
(DBN)

The Outlook for High-Yield Debt in 2016
(DBN)

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Healthcare:

Forest Park Medical Center’s hospitals headed for acquisition, but by whom?
(DBN)

Additional Forest Park hospitals likely headed for bankruptcy in 2016
(DBN)

Obamacare no cure for working poor
(DBN)

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Advisors:

Millstein & Co. Expands Corporate Restructuring Business
(DBN)

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Defaults:

U.S. Companies Led the World in 2015 Debt Defaults, S&P Says
(DBN)

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Shipping:

Survival of the Fittest for Bulker Firms in 2016
(DBN)

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Television:

Failed Golf Channel Back9Network Files for Bankruptcy
(DBN)

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Religion:

Gallup Diocese case attorney says deal ‘nonbinding’
(DBN)

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IP:

The Impact of Rejection on Trademark Licensees’ Rights in Bankruptcy: the Latest Decision on an Issue that Has Courts Divided
(DBN)

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Coal:

Judge allows rejection of Walter Energy's union deals UMWA releases statement following Walter Energy ruling
(DBN)

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Sovereigns:

Argentina looks for 2nd law firm to resolve lawsuit over debt
(DBN)

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PIIGS:

Irish banker David Drumm again seeks release from U.S. prison, citing risk to his safety and other factors
(DBN)

Social security reform a test for Tsipras
(DBN)

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Canada:

Shoreline Energy bankruptcy wraps up tough year for Calgary’s junior oilpatch
(DBN)

Private school for star athletes in financial disarray
(DBN)

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Brazil:

Allen & Overy, Cleary Gottlieb Caught Up in Brazil's Bad Times
(DBN)

In Brazil's Bad Year, These Corporate Borrowers Were Hardest Hit
(DBN)

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Russia:

Russian banker Gitelson seeks his own bankruptcy
(DBN)

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India:

Creditors' dues find precedence over tax recovery in insolvency bill
(DBN)

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Estonia:

Bankruptcy of Estonian Air announced
(DBN)

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