November 17, 2015

The Daily Bankruptcy News

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Law:

Amid Mounting Pressure, Law Firms Must Change
(DBN)

Vinson & Elkins Adds David Meyer to Restructuring Practice in New York
(DBN)

Weltman, Weinberg Welcomes Return of Bankruptcy Attorney From Military Mobilization
(DBN)

Forshey Prostok Adds Bankruptcy Attorney
(DBN)

Greenberg Traurig Adds Bankruptcy Energy Pro Iskender Catto
(DBN)

CA: New Name Partners for Bankruptcy Boutique
(DBN)

Trustee says Minneapolis lawyer's bankruptcy filed in bad faith
(DBN)

Indiana Adds Some Bankruptcy to Its Bar Exam
(DBN)

Which Law School Can Get You A Job Counseling Future Astronauts?
(DBN)

Bankruptcy Lawyer: Loving What Is Different
(DBN)

Need money for an expert witness, legal fees or bail? Some turn to crowdfunding
(DBN)

Chadbourne and Pillsbury merger talks collapse Merger talks after two months
(DBN)

Half Price Lawyers is back in business
(DBN)

Firm explains benefits of insourcing
(DBN)

Did This Biglaw Firm Get Benched In Daily Fantasy Sports Litigation?
(DBN)

Andrews Kurth To Face $200mm Legal Malpractice Judgment?
(DBN)

Vice President Joe Biden Wants Law Students To ‘Pay Attention’ To Bluebooking Rules
(DBN)

Former prosecutors sue embattled AG Kathleen Kane
(DBN)

‘Pastafarian’ wears colander for driver’s license photo after state OKs exception to headgear rule
(DBN)

Lawyer is sanctioned for ‘deploying boilerplate claims’ and ‘utterly frivolous’ arguments
(DBN)

A slew of states are saying they'll refuse Syrian refugees, but they might have 'no legal authority' Senator Ted Cruz will introduce a bill to stop Syrian refugees entering the US
(DBN)

Left to pay bill and arrested after man exits blind date mid-meal, woman also loses most of lawsuit
(DBN)

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Judges:

Ten Years Of The Roberts Court
(DBN)

Meet the Professor Who Interviewed 9 Supreme Court Justices
(DBN)

Judge in controversial foster-child case steps aside from further involvement
(DBN)

Federal Appeals Judges Open Up About Clerk-Hiring Preferences
(DBN)

Do Supreme Court Justices Need Litmus Test?
(DBN)

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Wall Street:

Wall Street eyes stronger start
(DBN)

U.S. Stocks Rally as Energy Leads Rebound Amid Paris Aftermath
(DBN)

Paris attacks: Why tragic events are yielding muted market reaction
(DBN)

Warren Buffett's Berkshire Reduces Stake in Goldman Sachs by 13%
(DBN)

These Wall Street Jobs Are Poised for Biggest Swings in Pay
(DBN)

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Layoffs:

Johnson Controls announces 277 more layoffs in Milwaukee
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Healthcare:

St. Elizabeth, HealthPoint make offer on Owenton, Ky. hospital
(DBN)

Doctors: Loan documents were forged
(DBN)

Forest Park Frisco looks to hold auction
(DBN)

EP Children’s reports big losses in September
(DBN)

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Gambling:

Casinos, Hotels Likely to See Restructurings, Says Ballard Spahr’s Harner
(DBN)

Daily fantasy-sports site FanDuel is running 2 to 3 days behind paying out players
(DBN)

Judge Denies DraftKings, FanDuel Requests for Restraining Order
(DBN)

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Coal:

Groups clash with Wyoming over Alpha bonding
(DBN)

Coal may take another hit
(DBN)

Arch Coal Inc: Here's Why Investors Should Sell It
(DBN)

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Economy:

Empire State index remains deeply negative in November Manufacturing in New York Shrinks for Fourth Month
(DBN)

Why So Many Hate This Recovery
(DBN)

End of the Dollar's Hegemony
(DBN)

Surging U.S. stock buybacks dwarf innovation spending
(DBN)

Schwarzman: We're in great shape for a rate hike
(DBN)

Quiet Ports Spur Slowdown Fears
(DBN)

Parties' Divide on the Economy Widens
(DBN)

8 things boomer parents could afford that millennials can't
(DBN)

CIA Director Expects More ISIS Attacks
(DBN)

We're Living Longer. That's Great, Except for Social Security.
(DBN)

Mobility Is More Important Than Ever, and Here’s Who’s Missing Out
(DBN)

Consumer Credit Markets Remain Strong
(DBN)

Once Again Wall Street Controls Central Banks
(DBN)

US Debt Clock
(DBN

Economic Indicators Dashboard
(DBN)

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Real Estate:

Bad news if you purchased your house in 2005-07
(DBN)

Fed Study: Housing Boom Looks Less Precarious
(DBN)

Fed Economic Letter: "What’s Different about the Latest Housing Boom?"
(DBN)

Phoenix Real Estate in October: Sales up 2%, Inventory down 11%
(DBN)

HUD: FHA'S 2015 Annual Report Shows Capital Reserves Now Exceed 2%, First Time Since 2008
(DBN)

San Francisco Fed: We don't see a housing bubble forming
(DBN)

Texas Selling Dirt Bonds at Record Pace as Residents Flood State
(DBN)

House passes bill to cap Fannie, Freddie CEO pay Fannie and Freddie CEO Pay Cap at $600,000 Approved by House
(DBN)

Former developer of Waikiki Landing project files for Ch. 11 bankruptcy
(DBN)

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Municipalities:

As Puerto Rico Faces Dec. 1 Payment, “Vulture Fund” Refuses To Negotiate
(DBN)

Rhodes: Bankruptcy Critical for All of Puerto Rico
(DBN)

Houston's Conundrum: Closing Its Pension-Funding Gap
(DBN)

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Oil/Gas:

Brent oil gains, but focus hones in on global oversupply
(DBN)

Oil and gas companies are heading towards default
(DBN)

Struggling US oil producers get credit lifeline amid downturn
(DBN)

Billionaire Pickens Energy Fund Loses Half Its Value in Downturn
(DBN)

Marathon HOVENSA bankruptcy auction continues
(DBN)

Worrying Signs For North Dakota’s Oil Industry
(DBN)

More oil companies will sell off assets to pay debts: Fitch analysis
(DBN)

The Oil Producer's Dilemma - Shale Puts A Ceiling On Oil Prices
(DBN)

Enbridge cuts 5% of workforce
(DBN)

Norske Skog Asks Unsecured Bondholders to Extend Maturities
(DBN)

Job losses continue across Texas as services firms cut back
(DBN)

Brazil Oil Industry's Future in Doubt
(DBN)

Amid price slump, oil producers still bullish on West Texas
(DBN)

Why stocks are taking their cues from crude-oil prices
(DBN)

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Paper:

Verso considering sale of Maine mill, bankruptcy Verso Corp. new owner of NewPage, considering bankruptcy, has cut 80 Dayton-area jobs Verso paper under pressure as company warns of possible Ch.11
(DBN)

Problems plague owner of Point, Rapids mills
(DBN)

Norwegian paper maker Norske Skog seeks debt restructuring
(DBN)

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Newspapers:

Where is the Money Going? - Bankrupt Parent of O.C. Register Stopped Funding the Pension
(DBN)

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Politics:

Rival campaigns are starting to fear Ted Cruz
(DBN)

Donald Trump Would Consider Shutting Down Mosques In Wake Of Paris Attacks Trump: I'm the reason Macy's stock dropped
(DBN)

Obama rails against Ted Cruz and other GOP candidates for 'shameful' refugee comments
(DBN)

Rubio Is Right About Welders
(DBN)

Carly Fiorina Hit President Trump Right In His Whartons
(DBN)

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Fraud:

Ernst & Young Found Negligent, Liable for Losses of Madoff Investor
(DBN)

Audio released by WikiLeaks suggests a multi-billion-dollar scandal of misappropriated disability funds
(DBN)

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Autos:

Sins of the Fathers? New GM’s Liability for Ignition Switch Claims
(DBN)

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Concerts:

Music promoter SFX on bankruptcy watch after rough third quarter
(DBN)

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Food/Beverage:

Bankrupt Lube to be sold for $25 million
(DBN)

2nd bidder emerges to buy Olga's Kitchen
(DBN)

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Shipping:

STX Offshore in Deep Financial Crisis
(DBN)

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Corporate Reform:

DOJ: Some executives ought to be “nervous” about its get-tougher crusade against corporate crime
(DBN)

One US state has more finance whistleblowers than any other
(DBN)

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New Bankruptcy Opinions
(5 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (56 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 Remoteness:

Are Subsidiaries Really Bankruptcy Remote?
(DBN)

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Interest:

Delaware Bankruptcy Court Addresses When, if Ever, Unsecured Creditors are Entitled to Postpetition Interest in Chapter 11 (Part 2)
(DBN)

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Student Debt:

Carrying Student Debt? You May Be In for a Lot of Robo-Calls
(DBN)

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Golf:

Bankruptcy judge OKs Woodhaven Country Club reorganization plan
(DBN)

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Education:

EDMC agrees to $95.5 million settlement, will improve recruiting process
(DBN)

College Pays Off, on Average. Your Results May Vary.
(DBN)

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Debt Collection:

$59M settlement in ‘sewer service’ debt-collection suit; 190,000 default judgments may be vacated
(DBN)

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Metals:

Too little, too late for the US aluminum industry?
(DBN)

Decline in Copper Prices Picks Up Steam
(DBN)

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Retailing:

Mall Owners Find Silver Lining in Retailer Busts
(DBN)

Home Depot quarterly same-store sales beat estimates
(DBN)

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Music:

Pandora Acquires Bankrupt Rdio For $75 Million
(DBN)

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Insurance:

Lincoln General Insurance Company Enters Liquidation in Pennsylvania
(DBN)

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UK:

U.K. Inflation Rate Stays Below Zero for a Second Month
(DBN)

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PIIGS:

Greece secured deal with lenders on foreclosures
(DBN)

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Canada:

Western Law receives $2.5 million for insolvency programs
(DBN)

B'nai Brith sells Alzheimer's residence
(DBN)

Canadian Factory Sales Unexpectedly Decline in September
(DBN)

Essar Steel Algoma's debtor financing scrutinized by Ontario judge
(DBN)

Poor oil outlook may thicken economic troubles
(DBN)

Ontario pension funds lost $2.4B from oil , coal investments: Report
(DBN)

Canada Provincial Bonds Sold at Record Pace by Foreign Investors
(DBN)

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France:

France Mobilizes 115,000 Security Personnel
(DBN)

Hollande: ISIS Cannot Be Contained, Must Be Destroyed
(DBN)

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MENA:

Dubai Sees Return of Expat Flight as Banks Brace for Bad Loans
(DBN)

More than $1 bln in "skips" hit UAE banks, coordinating to stem flow
(DBN)

ISIS is setting a trap for Europe
(DBN)

Obama: ISIL Does Not Represent Islam
(DBN)

Paris attack suspect was already on West’s kill list
(DBN)

Obama rules out US troops on the ground to fight ISIS in Iraq and Syria
(DBN)

Falling oil prices puts small UAE businesses at risk of default
(DBN)

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Cayman:

Winding up win sets Cayman precedent
(DBN)

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Iceland:

Gee, Iceland Sentenced 26 Bankers to Jail
(DBN)

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Ukraine:

Russia's Putin says offers Ukraine better terms to restructure debt
(DBN)

Putin's Deal for Ukraine Isn't Enough
(DBN)

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Hong Kong:

Disgraced lawyer accused of hiding assets in bankruptcy bid
(DBN)

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Australia:

Non-payment of SG a key insolvency signal
(DBN)

Small business hardest hit by insolvencies
(DBN)

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China:

Shanshui Says Local Government Facilitated Some Creditor Talks
(DBN)

China, Brazil Are Left Out of M&A Boom That's Sweeping the Globe
(DBN)

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