November 3, 2015

The Daily Bankruptcy News

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Law:

Simpson Thacher Avoids Billion-Dollar Lawsuit Over Epic Mistake
(DBN)

Leaked Memo: Which Biglaw Firm Is Gouging Employees On Health Insurance?
(DBN)

Survey: New Partners Optimistic There's Room at the Top
(DBN)

Hey, Boss, You Are Gorgeous!
(DBN)

The Unspoken Differences Between Biglaw And Small
(DBN)

Four Women and No Men, a Big Law Anomaly, Make Partner at Latham
(DBN)

Law School Deans Whine About The New York Times Calling Out Their Debt Scam
(DBN)

Should Big Firms Worry About Plummeting Bar Scores?
(DBN)

Dinsmore announces 3rd merger this year, opens California office via Leventhal Law acquisition
(DBN)

Meet the Next $2 Billion Law Firm
(DBN)

Arrest Warrant Issued for High-Profile Former Plaintiffs Lawyer Things Get Worse For A Disgraced Lawyer (Who’s Married To A Federal Judge)
(DBN)

Harvard Law School was built using a 'brutal' slaveowner's money, and students are starting to protest
(DBN)

How Is Yale Law School Like A Cruise Ship?
(DBN)

Bankruptcy Lawyer: 10 Tips For Overcoming Fear Of Public Speaking (Part 2)
(DBN)

Reputation Management Bro Destroys His, And His Client's, Reputation With Threatening Phone Calls To Defense Lawyers
(DBN)

Here’s the simple strategy extroverts use to win people over
(DBN)

Why Lawyers Can’t Ignore Technology
(DBN)

11 tips to stop saying 'um' forever
(DBN)

4 essential suits every man needs in his closet
(DBN)

The 18 best smartphones in the world
(DBN)

BlackBerry's New Android Smartphone Could Be Its Last Device
(DBN)

Fembots Populated Ashley Madison, Class Says
(DBN)

Prosecutor suspended for allegedly pulling gun on fake spiders
(DBN)

Sheldon Silver’s Attorneys Don’t Think Much Of The Case Against Their Client
(DBN)

Man goes on the lam during trial before learning days later that he was acquitted
(DBN)

Florida: Christian Version of Sharia Law
(DBN)

This college scandal makes it to ‘The Good Wife’
(DBN)

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Judges:

On This Day, Time Not on Justices’ Side
(DBN)

Second Circuit seeks comments regarding reappointment of Bankruptcy Judge Robert D. Drain
(DBN)

2 judges testify about romantic relationship, say they didn’t have to report it to chief judge
(DBN)

Supreme Court Clerks Flocking to Jones Day
(DBN)

Scalia Says Supreme Court Has Been Liberal Since He Got There
(DBN)

Oregon judge accused of screening out same-sex wedding applicants faces disciplinary hearing
(DBN)

Bankruptcy court team from Western District of Oklahoma wins national honor
(DBN)

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Wall Street:

Wall Street set to lose fizz
(DBN)

US stocks end higher as health-care, energy shares rally Dow back in black for 2015, S&P best since August
(DBN)

10 things you need to know before the opening bell
(DBN)

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Layoffs:

Standard Chartered is axing 15,000 jobs
(DBN)

Unemployed - Hold Out for Better Job, Study Says
(DBN)

AIG Posts Loss, Cuts Jobs as Icahn Calls for Breakup of Insurer
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Celebs:

'Dance Moms' star due in court for bankruptcy fraud charges 'Dance Moms' star pleads not guilty in bankruptcy fraud case
(DBN)

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Recycling:

Eugene metals recycler files for bankruptcy protection
(DBN)

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Convenience Stores:

Good Time Stores Files for Bankruptcy Reorganization
(DBN)

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Retailing:

American Apparel shutters NYC store in trendy neighborhood as part of bankruptcy reorganization
(DBN)

American Apparel Wins Final Loan Approval
(DBN)

APSCO Appliance & TV Centers Inc. moves ahead with reorganization
(DBN)

Oaktree Said Close to Hiring AlixPartners for Quiksilver Bid
(DBN)

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Consultants:

Epiq Systems Appoints Managing Director to Enhance Chapter 11 and Non-Traditional Bankruptcy Solutions
(DBN)

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Hollywood:

Relativity Bankruptcy: Financing Agreement Approved by Judge
(DBN)

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Coal:

Arch Coal Inc Stock Down 99% YTD, Is Bankruptcy On The Cards?
(DBN)

Beaten-Down Energy Companies Peabody, Consol, Arch Coal Rally
(DBN)

Senate Dems: Bill coal industry for climate costs
(DBN)

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Newspapers:

It's a Chapter 22 for Freedom Communications
(DBN)

The newspaper business' travails
(DBN)

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Ticketing:

Stranded Super Bowl Fans Would Get Payout Under Deal With Ticket Seller
(DBN)

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Debt Collection:

California settles debt collection suit with JPMorgan Chase
(DBN)

Settlement Offer Found Not To Be FDCPA Violation in Florida
(DBN)

Words Speak Louder Than Actions: Threatening Criminal Charges to Collect Debts
(DBN)

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Religion:

The Long Decline in American Church Construction May Soon End
(DBN)

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Hotels:

Agreement Reached for Immediate Marketing of Three Manhattan Hotel Properties for Gemini Real Estate Advisors Chapter 11 Plan Process
(DBN)

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Tax:

Tax Penalties for Restructuring Project Debt
(DBN)

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Cruise Lines:

US river cruise line files for bankruptcy protection
(DBN)

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Defaults:

Speculative-Grade Default Rate Hits 3-Year High: S&P
(DBN)

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Economy:

Manufacturing in U.S. Stagnated in October on Weak Exports US factories grow at slowest pace in 2½ years; hiring falls
(DBN)

Economic confidence waning worldwide: CEO survey
(DBN)

Economy: Weak and Strong at the Same Time?
(DBN)

Dr. Doom calls bubble, adding to gloomy calls
(DBN)

Why Ben Bernanke is ultimately a tragic figure
(DBN)

Americans Spend More on Stuff They Don't Need
(DBN)

What Stumped the Loquacious Larry Summers
(DBN)

Too many people are pretending to be rich
(DBN)

Kids in one of America's wealthiest towns use golf carts to trick-or-treat
(DBN)

US Overtakes Caymans as Super Rich Haven
(DBN)

US Debt Clock
(DBN

Economic Indicators Dashboard
(DBN)

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Real Estate:

In Mortgages, Here We Go Again? Not Quite
(DBN)

Senators demand answers on New Jersey zombie foreclosure crisis
(DBN)

For 7.5 Million the Housing Crisis Isn't Over
(DBN)

Plan to Ease State’s Foreclosure Crisis Has Mixed Results
(DBN)

Man returns home to find his house -- vanished
(DBN)

Developers who rise from the dead
(DBN)

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Municipalities:

Puerto Rico Fails to Provide 2014 Report by Deadline
(DBN)

Illinois Supreme Court should uphold Chicago pension deal
(DBN)

America’s Public Pension Crisis: How Congress Can Address Our $1.3 Trillion (And Growing) Unfunded Liability
(DBN)

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Construction:

US construction spending rises to 7-1/2-year high
(DBN)

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Autos:

EPA: VW cheated on Audi, Porsche diesel SUVs, too VW fires back at EPA and says it didn't cheat on second type of engine
(DBN)

VW is falling, again
(DBN)

No Credit? No Problem as Auto Lender Taps Subprime Bond Appetite
(DBN)

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Healthcare:

ObamaCare's Cascading Co-op Failures
(DBN)

Summit Healthcare REIT, Inc. announces the election of Suzanne Koenig as the newest member of its Board of Directors
(DBN)

Univita assets to be auctioned to pay creditors
(DBN)

Hutcheson Medical Center Bankruptcy Trustee Says Hospital Still Providing "Safe Quality Care" Hutcheson bankruptcy fallout: Walker County seeks to purchase Chickamauga clinic
(DBN)

Forest Park Medical Center in Dallas closed on Oct. 30, management works to reopen
(DBN)

Why the Story Failed at Valeant and Theranos
(DBN)

Bankruptcy judge orders Georgia hospital to shut down
(DBN)

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Resorts:

Chinese Bank Forecloses on Stalled Baha Mar Resort
(DBN)

Export-Import Bank of China Appoints Receiver for Troubled Baha Mar Resort
(DBN)

Roberts Says Receivership Of Baha Mar Is 'Positive' News
(DBN)

Izmirlian Blasts Baha Mar Receivership
(DBN)

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Politics:

Congressional Hispanic Caucus Opposes Donald Trump Appearance on NBC’s ‘SNL’ Trump, the business owner, joins struggle over when to carry gun Trump seeks votes with anti-trade message Donald Trump’s Line on Iraq Is the Harvard of Harvard Comparisons Debate On Debates: Trump to negotiate directly with networks Trump Fact Check: Kasich "got lucky with a thing called fracking"
(DBN)

Ben Carson overtakes Trump to lead in WSJ poll What Ralph Nader and Ben Carson don't get about interest rates
(DBN)

The one hot bookies’ bet right now is Rubio
(DBN)

Chris Christie to GOP Rivals: ‘Stop Complaining’ About Debates
(DBN)

Conservatives Don't Have a Secret Formula for Growth
(DBN)

Jeb Campaign Resets For Fifth Time
(DBN)

Paul Fact Check: The debt limit deal "allows President Obama to borrow unlimited amounts of money."
(DBN)

Denials quickly follow 'Anonymous' list of alleged KKK members
(DBN)

GOP Debate Revolt Crumbles
(DBN)

Revolving Door Between Congress and Lobbyists Speeding Up
(DBN)

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Student Debt:

What We're Buying With $1 Trillion in Student Loans
(DBN)

How the Government Polices What Student Debtors Spend
(DBN)

The Obama Administration’s Shameful Handling of a Student Loan Scandal
(DBN)

Student Financial Aid Firm Sued for Taking Advantage of Applicants
(DBN)

Why It's So Hard to Get Rid of Student Debt
(DBN)

Education Department Lets Student Loan Contractor Off The Hook For Money Owed To Taxpayers -- Again
(DBN)

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Oil/Gas:

Oil edges up, but supply likely to cap gains
(DBN)

Energy loan losses to rise, regulator says
(DBN)

US Oil Production Starts to Fall Significantly
(DBN)

Get Ready for Big Oil 2.0 Reality Setting In For The Oil Majors
(DBN)

Mixed manufacturing numbers, ongoing oversupply weighs on crude
(DBN)

Rig ‘Graveyard’ Looms as Statoil Cuts North Sea Drillers Loose
(DBN)

Don’t Expect A Breakout In Oil Prices Any Time Soon Low Oil Prices Could Persist Through 2016 When Will We See Pickup in the Price of Oil?
(DBN)

Energy 'Capitulation' Will Hit in 6 to 12 Months
(DBN)

Republic Resources files Chapter 11
(DBN)

Who's happy about sub-$50 oil ? Refiners reaping a windfall Here's why gas still isn't as cheap as oil
(DBN)

Milagro Oil & Gas Plan Effective
(DBN)

Flush with Cash, Chinese Companies Score Bargains on North American Oil Assets

Hilco Industrial to Conduct Oilfield and Oil Well Support Equipment Auction
(DBN)

Russian crude output hits another post-Soviet record Crude futures fall by 1% amid record Russian output
(DBN)

OPEC squabbles over oil price as revenues shrink
(DBN)

Is ConocoPhillips' Exit from DeepWater A Harbinger of The Sector Drying Up?
(DBN)

Canada: Cuts continue in oil and gas sector as companies struggle to reduce costs
(DBN)

5 Houston energy companies make distressed company watch list
(DBN)

An earnings recession is looming
(DBN)

What short sellers mean to a rally in oil
(DBN)

That Time I Tried to Buy an Actual Barrel of Crude Oil
(DBN)

____________

Food/Beverage:

Organic Avenue’s Assets For Sale in Chapter 7 Bankruptcy
(DBN)

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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 (29 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (25 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:

Polsinelli Distress Index For Q3 2015
(DBN)

Northwest Ohio bankruptcies down
(DBN)

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Miscellaneous:

Lookback Period – Six Weeks, Pt. 2
(DBN)

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Avoidance Actions:

Radio Shack Preference Lawsuit – Ordinary Course Defense
(DBN)

RadioShack Preference Litigation has Begun - En Masse
(DBN)

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Insiders:

Severance Payments May be Recoverable in a Company’s Bankruptcy
(DBN)

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Bankruptcy Rules:

BK ND IL: Proposal to Amend the Local Rules of the Bankruptcy Court
(DBN)

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Chapter 13:

Who "Presides" over Chapter 13 Plan Confirmation Hearings? Superdelegation and Gatekeeping in Bankruptcy Courts
(DBN)

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Mootness:

Third Circuit Judges Debate the Future of Equitable Mootness
(DBN)

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PACER:

The Last Screen: A Cautionary Tale
(DBN)

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Calendaring:

On Blaming the Paralegal for the Calendar Mistake
(DBN)

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Secured Debt:

Second Circuit Rules That Lien Is Extinguished Under Chapter 11 Plan Only if Secured Creditor Participates in Case
(DBN)

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Litigation:

Sorry, You Can't Have Your Day in Court
(DBN)

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TBTF:

Here's the official list of banks that are too big to fail
(DBN)

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Electricity:

Energy Future Holdings seeks end to bankruptcy at trial
(DBN)

Even Warren Buffett isn’t making money on Energy Future Holdings
(DBN)

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Fraud:

Law Firms, Banks Face Fallout from Stanford Ponzi Investors
(DBN)

Scandal – Fall from grace: the Baptist Foundation collapse
(DBN)

What if they held a trial and one side didn't show up?
(DBN)

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Awards:

US News: Best Bankruptcy Law Firms
(DBN)

Who's Who: Most Highly Regarded In Litigation 2015
(DBN)

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Gambling:

Bankruptcy Judge Clears Sale of Shuttered Caesars Casino
(DBN)

Caesars saga lacks clarity but possibilities abound
(DBN)

MGM Resorts to spin off 10 properties into public company
(DBN)

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Banking:

The CEO of Credit Suisse nailed the banking industry's biggest problem in a sentence
(DBN)

UBS just warned profits are going to be killed
(DBN)

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Sovereigns:

Argentina stand on ‘vultures’ isn’t soft
(DBN)

Argentina: Scioli blames New York judge as debts boost Macri’s chances
(DBN)

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UK:

Scotland: Bankruptcy consolidation bill introduced
(DBN)

Pre-pack deal scrutiny pool launched
(DBN)

Business liquidation rate 'at record low'
(DBN)

The English High Court pierces the corporate veil using the “evasion principle”
(DBN)

____________

EU:

Bank Watchdog in Sweden Exposes Europe to Uncomfortable Truth
(DBN)

ECB Spent 64 Billion Euros on QE Last Month as Stimulus Reviewed
(DBN)

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PIIGS:

National Bank of Greece Offers Debt Swap Following Stress Tests
(DBN)

Greece's Economy Is in the Recovery Room
(DBN)

Spanish Parliament Passes Bill Amending Insolvency Act
(DBN)

____________

Canada:

Money flooding out of Canada at fastest pace in developed world
(DBN)

Oil crash pushing Fort McMurray to the breaking point
(DBN)

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South Korea:

Taking on Korea's 'zombie companies'
(DBN)

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Netherlands:

VVD senator quits over home nursing firm bankruptcy report
(DBN)

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Chile:

Bond Default Looms as Chile Regulator Intervenes La Araucana
(DBN)

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India:

Banks Not Invited to India's Red-Hot Financing Party
(DBN)

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China:

No Place Safe in China-Led Downturn
(DBN)

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MENA:

Gulf's private-sector growth slows as price of oil falls
(DBN)

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