December 9, 2015

The Daily Bankruptcy News

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Law:

Associate Bonus Watch: Two More Cravath Matches — Including One From A Major Player
(DBN)

Bonuses and the Reality of Big Law Associate Compensation
(DBN)

Associate Bonus Watch: Skadden Does Its Thing
(DBN)

Associate Bonus Watch: Another Hour, Another Match
(DBN)

Biglaw Bonuses Are Here, And Exactly The Same As Last Year... Which Is Weird
(DBN)

Jones Day surpasses Skadden Arps as world's biggest litigation earner
(DBN)

Allstate GC: Law Firm Rates Are Way Too High
(DBN)

A Law Degree: A Good Return on Investment?
(DBN)

PwC Wants to Be a Big Law Firm When It Grows Up
(DBN)

WalMart-based law firm is in an expansion mode
(DBN)

Are All Firms As Bad As F&D? A Conversation With ‘Biglaw’ Author Lindsay Cameron
(DBN)

Yale law librarians dispute ‘wildly erroneous’ claim on Bluebook’s origin
(DBN)

NYU Law Kids — Calm Down
(DBN)

Anderson: LSAC President 'Fundamentally Misunderstands' LSAT, Which LSAC's Own Studies Show Correlates With Bar Performance
(DBN)

Numerical credentials of law school applicants this fall up "significantly" from last year
(DBN)

Savvy Use of the Federal Rules Saves Time and Money: Privilege Review
(DBN)

After Setbacks, Pittsburgh Now a Hot Legal Market for Out-of-Town Firms
(DBN)

Dechert Elects 14 New Partners
(DBN)

Beyond Biglaw: Celebrating Failure - How to deal with setbacks
(DBN)

Judge calls St. Louis bankruptcy company "a massive rip-off operation"
(DBN)

How to simplify your life
(DBN)

See, Lawyers Can Foster Compromise
(DBN)

People are mocking Apple's latest iPhone accessory
(DBN)

11 ways to make your iPhone run faster
(DBN)

A Lawyer’s Guide to Social Media (Part 2): Facebook
(DBN)

A strong case for deleting your Facebook account forever
(DBN)

Are LinkedIn Profiles Better Credit Barometer than Loan Applications?
(DBN)

4 email apps you should be using instead of the one that comes with your phone
(DBN)

A dog owner whose animals killed a boy has been charged with murder
(DBN)

Cops: Gator ate burglary suspect
(DBN)

Source: Malik radicalized years ago The First Glimpse Into The Farook Family Confirms Twisted and Hateful Views Online lender Prosper made loan to Calif. shooter: Source The man who supplied guns to the California shooters is connected to their family by marriage Muslim groups have raised more than $100,000 for the victims of the San Bernardino shooting
(DBN)

Anti-Muslim Attacks on the Rise in US
(DBN)

In Michigan, You May Now Dance to the National Anthem
(DBN)

John Oliver Is The Criminal Justice Hero We Need
(DBN)

Man is released from prison after 15 years when DNA testing points finger at his brother
(DBN)

Woman is charged with fleeing accident scene after her own vehicle called 911
(DBN)

City Orders Removal of Ohio Man’s Zombie Nativity Scene
(DBN)

Nevada Assemblywoman Generously Offers to Shoot Syrian Refugees Herself
(DBN)

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Judges:

Ex-Judge Arrested With a Lot of Weapons
(DBN)

Judge repeatedly mistreated women, had ‘propensity to remove his pants in chambers,’ report says
(DBN)

Federal judge ran a mile barefoot to get help after home invasion
(DBN)

Does Posner resort to a ‘cheap debater’s trick’ in skewering Scalia’s ‘majoritarian theocracy’?
(DBN)

When a Federal Judge's Son is the Defendant, Courts Turn to Other Circuits
(DBN)

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Wall Street:

U.S. stocks on track for third down day in a row
(DBN)

Stocks Claw Back From Lows as Oil Concerns Ease U.S. stocks finish in red as crude-oil rout continues
(DBN)

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Layoffs:

Morgan Stanley to cut 1,200 jobs, take $150M charge To Tell A Whole Lot Of Employees To Clean Out Their Desks
(DBN)

Barclays Was Just Kidding About Getting Rid Of 7,000 Investment Banking Jobs
(DBN)

WalMart's Chinese Imports Cost 400,000 US Jobs in Past Decade
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Education:

The 50 colleges where students earn the highest salaries
(DBN)

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Travel:

The best airport bars in America
(DBN)

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Movies:

The company that owns those DVD-vending machines said sales are terrible, and now its stock is crashing
(DBN)

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Finance:

Q&A: What’s Next for the U.S. Export-Import Bank?
(DBN)

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Computers:

Children's tablet maker Fuhu files for bankruptcy, agrees to sale to Mattel
(DBN)

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Retailing:

Putting off holiday shopping? You're not alone
(DBN)

Walmart: Wage hikes are killing our profits
(DBN)

Warm Winter Weather Dampens Seasonal Apparel Sales
(DBN)

Being Broke Won’t Stop Dov Charney From Buying American Apparel
(DBN)

Staples Stock Is Getting Destroyed
(DBN)

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Gambling:

Harry Reid Offers Caesars Ent. a Legislative Lifeline
(DBN)

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Distressed Investing:

Oaktree's Marks Likens Distressed-Debt Conditions To Post-Lehman
(DBN)

Distressed Investor: We're ready to 'catch falling knives'
(DBN)

Dan Och Sees Opportunity From 'Cracks and Fissures' in Credit
(DBN)

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Coal:

Foresight Energy LP Stock Price Down 22.6% on Analyst Downgrade
(DBN)

Bankruptcy Risk Rising For Coal Stocks, JPMorgan Says
(DBN)

Bankrupt Alpha Natural Resources reaches agreement to reclaim WV mines
(DBN)

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Healthcare:

Tuesday Hearing Called Off As No Hutcheson Sale Is Reached
(DBN)

Shelley: Daughters of Charity deal carries warnings for the future of health care
(DBN)

Judge confirms hospitals' bankruptcy plan Judge approves joint plan for UMC, El Paso Children’s Hospital
(DBN)

Forest Park’s Frisco hospital seeks to halt finance partner from pulling out
(DBN)

Survey: Fewer Struggle to Pay Medical Bills
(DBN)

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Newspapers:

Tribune Working on Offer for Freedom Communications
(DBN)

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Brokers:

Boston Prime bankruptcy coming to a close, final claims due by January 5
(DBN)

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Economy:

Job openings fall; more people quit BLS: Jobs Openings "little changed" in October Fewer openings, but there is good news in job market
(DBN)

Hiring, Firing and Quitting Have Finally Gotten Close to Where Janet Yellen Wants Them
(DBN)

Here's how much millennials are earning annually across the US
(DBN)

For more Americans, it's debt till they die
(DBN)

This is how much debt the average American has
(DBN)

Aging population seen restraining US labor force growth
(DBN)

How the Low-Tax U.S. Stacks Up Against Other Countries
(DBN)

Fed official: Not raising rates in September was a ‘mistake’ Will The Fed Raise Rates This Month? $27 Billion Says Yes 5 signs the US economy isn't ready for a rate hike Gundlach Says the Fed Might Regret Raising Rates
(DBN)

Sales Worries Pull Down US Small-Business Confidence
(DBN)

Economists agree: economic models underestimate climate change
(DBN)

This is why Americans are overweight and broke
(DBN)

The lawyer who is looking to kill the ‘gig economy’
(DBN)

US Debt Clock
(DBN

Economic Indicators Dashboard
(DBN)

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Real Estate:

Freddie Unloads Over $1 Billion in Distressed Loans
(DBN)

Foreclosure Inventory and Rate Both Fell in October Ongoing Decline in Mortgage Lates, Foreclosures Much of Remaining Foreclosure Inventory is Concentrated in a Few States
(DBN)

Phoenix Real Estate in November: Sales up 6%, Inventory down 9%
(DBN)

Las Vegas Real Estate in November: Sales Decreased Slightly, Inventory Down YoY
(DBN)

Why Chicago is 5th in the nation in distressed home sales
(DBN)

The 12 states with the hottest housing markets
(DBN)

18 Years Prison for Foreclosure Vampire
(DBN)

Top Ten Tax Cases (And Rulings) Of 2015: #5- The Role Of Partnership Liabilities In Foreclosures
(DBN)

The smart money is getting out of real estate
(DBN)

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Municipalities:

Update on Puerto Rico
(DBN)

Walmart vs. Puerto Rico?
(DBN)

House Democrats try to help Puerto Rico in U.S. spending bill
(DBN)

Puerto Rico denies stalling on bills amid bankruptcy debates
(DBN)

PREPA extends deadline for restructuring support agreement
(DBN)

Virtual Bankruptcy for Puerto Rico
(DBN)

Puerto Rico governor to visit Washington seeking help for island
(DBN)

Puerto Rico's governor tells US Senate the island can not repay debts
(DBN)

Puerto Rico Steps Up Lobbying Effort Amid Congressional Inaction
(DBN)

A look at Detroit's improvements since bankruptcy exit
(DBN)

Scams, ignorance burn foreign buyers of Detroit properties
(DBN)

Atlantic City’s Jobless Rate Fell Most in October. How Does Your City Compare?
(DBN)

Why the Mortgage Industry is a Threat to Detroit's Rebound
(DBN)

3 Texas cities have heaviest taxpayer burdens in US
(DBN)

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Oil/Gas:

Distressed Oil and Gas Sales to Avoid Bankruptcy
(DBN)

Chevron CEO: 'Hundreds of billions of dollars are being taken out of the business right now'
(DBN)

Oil Price Fall Leaves Investors Down $700bn
(DBN)

Crude prices pare losses, but global oversupply not going away
(DBN)

Even cheaper oil would do a world of good for all
(DBN)

Oil price hits fresh post 2009 lows as glut grows WTI oil sinks below $37 for first time since 2009 Oil plunges can get even worse than this Oil Swings Between Gains and Losses After Slipping to 2009 Level
(DBN)

When Oil Turns 40, the Aches Turn Into Real Pain
(DBN)

Oil is in free fall
(DBN)

An Oil Recession?
(DBN)

Global Rig Count Imploding, Except Middle-East
(DBN)

Lowest gas prices in nearly 7 years as oil plunges
(DBN)

Moody's: Oil, Gas Is Profound Credit Hazard in 2016
(DBN)

2016 Spells More Gloom For Oil Producers
(DBN)

Driller becomes 18th to seek bankruptcy in Texas
(DBN)

Some offshore supply vessel companies teetering on bankruptcy OSV Owners Face Bankruptcy Risk
(DBN)

OPEC's price war is crushing American producers
(DBN)

Energy & Exploration Partners files Chapter 11; has $135M DIP Loan
(DBN)

The real danger of the oil collapse
(DBN)

Investors pick drilling winners as oil nears $35
(DBN)

El Nino heat wave makes energy declines even worse
(DBN)

Oil selloff drives commodity-linked currencies to multi-year lows
(DBN)

Suicide rate in Alberta leaps 30% in wake of mass oilpatch layoffs
(DBN)

EQT GP Holdings LP Hits New 1-Year Low Following Analyst Downgrade
(DBN)

Ultra Petroleum Corp. Sets New 12-Month Low on Analyst Downgrade
(DBN)

Range Resources Corp. Hits New 1-Year Low Following Analyst Downgrade
(DBN)

These might be the 3 worst CEOs in the energy sector
(DBN)

‘Window dressing’ trade: more bad news for oil
(DBN)

The 'god' of crude oil trading is looking awfully human
(DBN)

Houston energy job losses could hit nearly 19,000, GHP says
(DBN)

Struggling Texas oil field workers may be fleeing state, report says
(DBN)

These states are getting clobbered by oil's crash
(DBN)

Kinder Morgan Cuts Dividend by 74 Percent to Conserve Cash
(DBN)

The death of OPEC is exaggerated
(DBN)

S------- Suffering From Low Oil Prices
(DBN)

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Mining:

One of the world's biggest miners is about to cut two-thirds of its workforce
(DBN)

Miners swept up in commodities slump
(DBN)

Anglo American Restructuring Slump Helps Some Hedge Funds
(DBN)

Anglo American's Overhaul: Dire Straits in Mining
(DBN)

Could private equity fill the mining M&A vacuum?
(DBN)

It's All Gone Wrong for One of World's Biggest Mining Companies
(DBN)

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Food/Beverage:

Chipotle Takes Another Hit After More Than 20 Athletes Fall Ill
(DBN)

Bankrupt juice chain Organic Avenue to live again
(DBN)

Grocery Outlet gets approval to buy 6 Fresh & Easy stores
(DBN)

A&P Wins Approval to Sell Food Emporium Brand to Key Food
(DBN)

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Fraud:

SEC Sues ZeekRewards Ponzi Promoter
(DBN)

Jury Convicts Florida Trio In $80 Million 'Virtual Concierge" Ponzi Scheme
(DBN)

Donald Trump sued for fraud in California and New York
(DBN)

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Personal Finance:

12 things you should never say on your first day at work
(DBN)

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Corporate Reform:

Why it’s hard to hold corporate executives accountable for crime
(DBN)

U.S. Redoubles Bond-Fraud Pursuit, Seeing Victory in Lost Appeal
(DBN)

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New Bankruptcy Opinions
(3 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (16 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (5 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:

Kansas better than average on bankruptcy filings, Missouri worse
(DBN)

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TIA:

No Way to Run a Railroad: Scholars' Letter on the Trust Indenture Act Amendment
(DBN)

Congress Is Wrapping A Huge Gift For Private Equity Titans
(DBN)

Law Professors Ask Congress to Delay Changes in Debt Law
(DBN)

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Automatic Stay:

In Considering Motions to Sever, District Courts Might Effectively Shift the Burden to Plaintiffs to Show Why the Automatic Stay Should Not Be Extended to Nondebtor Defendants
(DBN)

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TBTF:

AIG going from too big to fail to too big to succeed?
(DBN)

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Politics:

Trump: Visitors Would Be Questioned on Religion Under ‘Temporary’ Muslim Ban Donald Trump defends proposed ban on Muslims: ‘What I’m doing is no different than FDR’ Trump Tells Barbara Walters His Muslim Friends Agree With His Proposed Ban on Muslims Donald Trump: White House Says Disqualified From Presidency 'That's not who America is': CNN's Chris Cuomo battled Donald Trump in an intense interview 'Unhinged': Republicans are slamming Donald Trump's 'outrageous' proposal to stop Muslims from entering the US Watch the Worst of Donald Trump's Wild Media Tour Republican rival goes nuclear: 'Trump's a race-baiting, xenophobic, religious bigot' Donald Trump wants to 'close the internet off in some ways' to stop children being radicalized The Huffington Post publishes scathing Donald Trump op-ed, reverses coverage of his campaign Analyst: President Trump would mean a ballooning deficit and higher interest rates Two new Iowa polls showed wildly different results for Donald Trump A fed up Joe Scarborough cut to commercial break to get Donald Trump to stop interrupting him Philadelphia newspaper compares Donald Trump to Hitler Experts: Trump's Muslim entry ban is 'ridiculous,' 'impossible,' and 'blatantly unconstitutional' One tweet that shows how expertly Donald Trump is manipulating the media Donald Trump wants Bill Gates to ‘close that Internet’ to stop the Islamic State Trump vs. the World Trump says WashPost is Amazon tax shelter: Huh? Paul Ryan: Trump comments not 'who we are as a party' Warns That Trump Rhetoric Could 'Doom' Republican Party Each of the Republican candidates calling Trump unfit for the presidency also pledged to support him if he’s the nominee Fox's Shepard Smith torches Donald Trump's plan: 'The worst, darkest part of all that is America' A hair surgeon explains what's going on with Trump's hair
(DBN)

Is an immigration ban on Muslims unconstitutional? Legal Experts: Trump's Idea Unconstitutional
(DBN)

Most Trump supporters would back him in third-party run, poll shows
(DBN)

Donald Trump unloads on Chris Christie with multipronged attack
(DBN)

Ted Cruz is even less electable than Donald Trump
(DBN)

Hillary Clinton's Right-Hand Woman Takes On Trump: 'I'm A Proud Muslim' Hillary Clinton's Plan To Rein In Wall Street Misses The Mark Hillary Clinton blasts Donald Trump in open letter to American Muslims
(DBN)

Democrats' extraordinary state election losses under Obama
(DBN)

JebBush.com now redirects to Trump's campaign website
(DBN)

Study: Jeb Bush’s tax plan is 4 times as expensive as his brother’s tax cuts Jeb Bush's Last Resort: Donald Trump Is a Clinton Plant
(DBN)

Carson: My Tracking Plan is Ridiculous
(DBN)

Carly Fiorina Town Hall Was Empty
(DBN)

What Becomes Decisive Issue in 2016 Campaign as Economy Fades?
(DBN)

Jon Stewart hammers Mitch McConnell over 9/11 responders bill in emotional ‘Daily Show’ return
(DBN)

Elizabeth Warren Versus the Bond Market This is what good government looks like: Why Elizabeth Warren is the senator America needs
(DBN)

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Paper:

Cleanup concerns emerge in Lincoln mill bankruptcy
(DBN)

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Telecoms:

LightSquared strikes spectrum deal and exits bankruptcy
(DBN)

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Autos:

U.S. Suits Over Volkswagen Emissions to be Weighed in San Francisco
(DBN)

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Hedge Funds:

Hedge-Fund Rout Leaves Pensions With Little to Show for the Fees
(DBN)

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Sovereigns:

IMF Executive Board lifts ban on lending to nations with past-due sovereign debts
(DBN)

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UK:

Dreamland creditors: Meeting called to arrange payment of £2.9 million debts
(DBN)

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EU:

Europe ends sharply lower as miners slip; oil eyed
(DBN)

The $1 Trillion Liability Stalking Some European Bond Investors
(DBN)

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PIIGS:

David Drumm beefs up legal team to fight bankruptcy appeal
(DBN)

Bankruptcy Credit Event Triggers Some Abengoa Swaps, ISDA Says Abengoa: A Deeper Dive Into The Capital Structure Fails To Uncover Much Opportunity
(DBN)

EU, creditors put Greece finances under the microscope Greece expected to miss privatization target
(DBN)

Going bust in south 'will end bankruptcy tourism'
(DBN)

Foreign investors buy into Spanish restructurings
(DBN)

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Canada:

Canadian Stocks Head for Two-Year Low
(DBN)

Walter Energy Canada enters CCAA protection
(DBN)

Calgary office towers teem with 'palpable paranoia'
(DBN)

Chlorophyll under the protection of the Bankruptcy Act
(DBN)

The Bank of Canada just said the 3 most controversial words in central banking: 'negative interest rates'
(DBN)

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MENA:

Why inequality isn’t driving the rise of the Islamic State
(DBN)

Is ISIS trying to start World War III?
(DBN)

What no one wants to admit about fighting ISIS: the US has only bad choices
(DBN)

Sales of “Trump Home” products have been suspended across the Middle East
(DBN)

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Brazil:

Brazilian president's woes deepen
(DBN)

Brazil alternative energy projects threatened by Abengoa's woes
(DBN)

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Offshore:

Claims Jersey heading for bankruptcy 'inaccurate'
(DBN)

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Australia:

Insolvency reforms don't go far enough
(DBN)

'Short a Few Quid': Bankruptcy Stigma in Contemporary Australia
(DBN)

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Ukraine:

IMF changes lending rules in boost for Ukraine
(DBN)

IMF's dilemma: to help or not to help Ukraine, if Kiev defaults
(DBN)

Russian Prime Minister Says Ukraine `Swindlers' Won't Repay Debt
(DBN)

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Brazil:

BTG Pactual stock plunge tops 51% since CEO arrest
(DBN)

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Copyright 2015