October 1, 2015

The Daily Bankruptcy News

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Law:

Dewey Jurors Ask: What Does it Mean to Deliberate? As Dewey Jury Deliberates, Questions About Prosecutors’ Strategy Take Center Stage Dewey & LeBoeuf Jury Queries Conspiracy Charge
(DBN)

The World's Best Known Law Firms
(DBN)

What's Driving the Pillsbury-Chadbourne Merger Talks?
(DBN)

The ‘Fundamental Shift’ In The Litigation Market That May Cost Lawyers Their Jobs
(DBN)

Business of Law
(DBN)

Kramer Levin is sanctioned $135K for deposition conduct
(DBN)

Law firm will disband after 143 years as end result of strategic planning process
(DBN)

Business Trial Lawyers To Examine Litigation Finance
(DBN)

We’re All Salespeople
(DBN)

Why Are Lawyers So Unpopular and Stressed?
(DBN)

Are You Being Exploited At Your Job?
(DBN)

The perils of poor posture: it starts with sitting
(DBN)

Law Professors and AALS Duke It Out Over Annual Meeting
(DBN)

You’ll Never Guess What Was Stolen At This T14 Law School
(DBN)

The View From Up North: Let’s Overthrow Your Evil Overlords (i.e., Equity Partners)
(DBN)

Vatican Confirms Pope Met With Kentucky Clerk Kim Davis
(DBN)

Do You Save Your Mother Or Your Girlfriend On The Chinese Bar Exam?
(DBN)

Three more women name Bill Cosby
(DBN)

District Attorney Bans Prosecutors From Owning Handguns Without Her Approval
(DBN)

Georgia Will Resume Selling Confederate License Plates
(DBN)

Manhunt underway after accidental release of killer
(DBN)

Lawyer who dodged train fare will pay restitution based on discounted weekly pass rate
(DBN)

Dallas DA: "The lawyers at the courthouse couldn't believe what they were hearing"
(DBN)

Auto Death: Caitlyn Jenner Won't be Charged
(DBN)

When Biglaw Attorneys Get Divorced, The Results Aren’t Pretty
(DBN)

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Judges:

Chemerinsky: 10 lessons from Chief Justice Roberts’ first 10 years
(DBN)

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Wall Street:

U.S. stocks set to rally again
(DBN)

How much the Dow needs to gain to turn Q3 positive
(DBN)

Carl Icahn says the U.S. stock market’s ‘joyride’ is over
(DBN)

Caesars and five other stocks to sell short
(DBN)

2015 Is Turning Out to Be a Terrible Year for Investors
(DBN)

Why the Dow’s three-quarter losing streak is a big deal
(DBN)

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Layoffs:

Wal-Mart to cut jobs at headquarters
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Autos:

Volkswagen's Eight-Decade Road to Disaster Really, VW? Volkswagen looks to American lawyers for help as it responds to emissions scandal Only suckers believed in VW’s clean diesel engine VW Board Now Needs to Prop Up Credit Rating The Other Victims of the Volkswagen Scandal: Dealers
(DBN)

Autoworkers reject Chrysler contract want a bigger piece of the industry’s recovery
(DBN)

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Celebs:

50 Cent Fights to Keep Underwear Deal Confidential
(DBN)

Robert De Niro reveals he shaved head for 'Bernie Madoff hair' on Late Night
(DBN)

20 Years Later: The OJ Trial and the Lethal Paralegal
(DBN)

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Paper:

Lincoln mill to continue operating through bankruptcy auction
(DBN)

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Food/Beverage:

Auctions set for A&P stores
(DBN)

Sandia Distributors files Chapter 11
(DBN)

Restaurant Performance Index declines, Indicates slower expansion in August
(DBN)

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Shipping:

Daiichi Enters Bankruptcy in Tokyo, New York
(DBN)

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Pharma:

The Martin Shkreli incident could shake up the entire drug industry
(DBN)

Extreme Rise in Some Drug Prices Reaches a Tipping Point
(DBN)

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Directories:

Dex Media Skips Interest Payment as Lenders Organize Dex Media fails to make Sept. 30 interest payment on PIK high yield bonds
(DBN)

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Soccer:

Ex-Parma chief Manenti banned 5 years for bankruptcy role
(DBN)

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Gambling:

Caesars' new CEO shocked with lack of casino innovation
(DBN)

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Marketing:

Affinion Debt Jumps as Apollo Set to Hand Control to Lenders
(DBN)

Company Buffett sold last year files Chapter 11
(DBN)

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Education:

New York Military Academy sold in bidding war to Chinese investors
(DBN)

Former Millersburg Military Institute files for bankruptcy, canceling sale
(DBN)

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Aviation:

Flying first class isn’t what it used to be
(DBN)

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Amusement Parks:

Conneaut Lake Park's creditors oppose bankruptcy statement
(DBN)

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Coal:

Longview coal backer bankruptcy threat cools
(DBN)

Coal is Problem for Glencore, Other Miners
(DBN)

Bankruptcy Lawyers Strip Cash from Coal Miners’ Health Insurance
(DBN)

The Plot to Make Retired Coal Miners Broke
(DBN)

Fitch Downgrades Arch Coal's Sr. Secured Credit Facilities
(DBN)

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Economy:

US jobs sector gains, Midwest manufacturing stumbles
(DBN)

Fed Would Have Hiked Rates on Old Standards
(DBN)

ADP: Private Employment increased 200,000 in September
(DBN)

Lagarde Says Fed Hike, Slower China to Test Global Economy Are Lagarde's Comments on Slower Global Growth Correct?
(DBN)

Another Year Near Zero?
(DBN)

The US economy is telling 2 stories
(DBN)

2016 will be a tug of war between recession and recovery
(DBN)

US Manufacturers Got Crushed in September US Manufacturing Now in a Recession
(DBN)

Chicago PMI declined sharply in September
(DBN)

US Job Sector Gains
(DBN)

From heroes to bystanders? Central banks' growth challenge
(DBN)

$18 Trillion In Emerging Market Corporate Debt: Insolvency Risk?
(DBN)

The Biggest Reason Workers Don’t Save for Retirement
(DBN)

The Metric That Matters More Than Male U.S. Workers’ Earnings
(DBN)

Borrowing Costs Set to Rise? Watch for Fallen Angels
(DBN)

Senate Bill Passes to Avert U.S. Government Shutdown
(DBN)

One number captures the incredible toll of women’s inequality everywhere
(DBN)

Most Competitive Countries in the World
(DBN)

‘Destruction of wealth’ as stocks near a bear market
(DBN)

Rail service shutdown could cost economy $30 billion, group says
(DBN)

World's Biggest Pension Fund Is Moving Into Junk and Emerging Bonds
(DBN)

Are Millennials Financially Screwed?
(DBN)

US Debt Clock
(DBN

Economic Indicators Dashboard
(DBN)

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Real Estate:

Commercial Landlord Dispute – Dismissal for Cause and the Interplay of Sections 349 and 1112
(DBN)

In U.S. Home Prices, an East-West Divide
(DBN)

Fannie Mae: Mortgage Serious Delinquency rate declined slightly in August, Lowest since August 2008
(DBN)

Most U.S. Investors Say Area Housing Prices Are Rising
(DBN)

MBA: Mortgage Applications Decrease in Latest Weekly Survey, Purchase Applications up 20% YoY
(DBN)

Brokers: Rely on Broker Statements at Your Peril
(DBN)

High-Income Texans Find Homes in Public Housing
(DBN)

Elizabeth Warren takes to the streets against REO, NPL investors
(DBN)

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Municipalities:

Congress balks at Puerto Rico debt relief—for now
(DBN)

Puerto Rico Development Bank Said to Start Creditor Debt Talks
(DBN)

Puerto Rico Planning New Corporate Tax to Replace Excise Levy
(DBN)

Puerto Ricans Are Hopeless?
(DBN)

Puerto Rico, bondholders start restructuring talks over financing arm -source
(DBN)

House Urged to Investigate Hedge Fund Role in Puerto Rico Crisis
(DBN)

Pensioners lose appeal of Detroit bankruptcy cuts
(DBN)

How a $15 Million Legal Bill Put a Kentucky Town in Bankruptcy
(DBN)

Detroit Jobs Crank Up Alongside Auto Industry
(DBN)

Despite Cities' Fiscal Optimism, There Are Reasons to Worry
(DBN)

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Student Debt:

Student Loan Defaults Dip as Borrowers Use Income-Based Payments
(DBN)

Democrats Urge Government to Refund Billions in Student Loans
(DBN)

Student loan burden doesn't explain low Millennial homeownership
(DBN)

Bosses may offer to chip in on your student loan
(DBN)

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Mining:

There's another mining company that's doing even worse than Glencore
(DBN)

Here's the Glencore 'Lehman' conspiracy theory
(DBN)

Glencore Bond Investors Remain Wary on Debt Repayment Risk Does Glencore Have Zero Equity Value?
(DBN)

Glencore's Credit Rating at Risk If Commodity Slump Doesn't Stop
(DBN)

Glencore Cuts Further 340 South Africa Jobs as Coal Prices Drop
(DBN)

____________

Politics:

When Donald Trump Dabbled In Stocks: Why He Started Buying And How Much He Made More candidates should be like Trump, and tell us who'd fill key administration jobs Donald Trump's Defunct Trump University The Subject Of Fraud Allegations Trump Fact Check: The unemployment rate may be as high as "42 percent" America’s biggest competitor really isn’t China Trump, should he fall: 'Well, I'm not a masochist' Even Conservatives Admit Trump's Tax Plan Would Add Trillions to the Deficit
(DBN)

Elizabeth Warren should (still) run for president Think-tank economist quits under Warren fire
(DBN)

Poll Shows Why Rand Paul Is in Danger of Becoming an Also-Ran Rand Paul: 'What do you want me to do, set myself on fire?'
(DBN)

Jeb Bush suggests black voters get ‘free stuff’. So does he. Jeb On The Washington Redskins Name: 'I Don't Find It Offensive'
(DBN)

The best emails from the US State Department's massive Hillary Clinton document dump
(DBN)

The House Republican civil war, explained
(DBN)

Cruz Defining Politics Downward
(DBN)

Indiana GOP Leader Resigns, Blames Canadians for S-- Video Texted From His Phone
(DBN)

____________

Oil/Gas:

Oil edges higher on uptick in market sentiment
(DBN)

Oil inventories rising as refineries slow down; crude price dips
(DBN)

Ripple effects could delay Houston's recovery from oil slump
(DBN)

Oil stabilizes as Syria, hurricane offset crude build
(DBN)

Fund Managers Have Their Own ‘Black Monday’ Thanks To The Saudis
(DBN)

Vantage Drilling bonds drop amid restructuring discussions
(DBN)

Unemployment Payouts More Than Double in North Dakota
(DBN)

Oil Drillers Spared More Misery by U.S. Judge's Fracking Ruling
(DBN)

Oil companies are having a tougher time making money
(DBN)

Alaska Facing Tough Choices Without Arctic Oil
(DBN)

America's Oil Output Refuses to Collapse. Here's One Reason Why.
(DBN)

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Hollywood:

Judge Orders Relativity to Drop Extra Office Space in Santa Monica
(DBN)

Relativity Bankruptcy: ‘Limitless’ Team & Fox Say They May Challenge A Sale
(DBN)

____________

Social Media:

The End of Civility: "Yelp for People" Coming
(DBN)

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New Bankruptcy Opinions
(11 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (19 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (16 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)

______________

TIA:

Adam Levitin: Recalibrate the TIA for Today's Debt Markets Jay Goffman: Rulings Could Prompt More Prepacks
(DBN)

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Bankruptcy Reform:

Bill Would Make Student Loans Dischargeable, Restore Statute of Limitations
(DBN)

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Appeals:

Ninth Circuit on Finality: “It ain’t over ’til it’s over”
(DBN)

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Plan Confirmation:

Extinguishment of Liens in Bankruptcy Proceedings
(DBN)

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Jurisdiction:

The Reach of Bankruptcy Courts
(DBN)

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Avoidance Actions:

Litigating the Ordinary Course of Business Defense – Summary Judgment and the Stanziale v. Industrial Specialists Decision
(DBN)

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TBTF:

Global Regulators Reach Agreement On Bail-In Bonds Plan For Top Banks
(DBN)

____________

Ethanol:

Sen. Pat Toomey seeks to shred biofuel mandates as part of oil exports bill
(DBN)

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Defaults:

Fitch: U.S. Leveraged Loan Default Rate Could Approach 2% in 2015
(DBN)

____________

Weather:

Hurricane Joaquin is coming — and it already has 115 mph winds What Hurricane Joaquin means for East Coast
(DBN)

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Religion:

Judge Puts Milwaukee Archdiocese Settlement to a Vote
(DBN)

____________

Retailing:

Judge signs off on RadioShack bankruptcy plan
(DBN)

Wal-Mart preparing hundreds of HQ job cuts: sources
(DBN)

____________

Hotels:

Hotel Conneaut owners fighting over whether company can seek bankruptcy protection
(DBN)

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Lehman:

The United States Bankruptcy Court for the Southern District of New York Deals Loss to Lehman in Interpreting Loss Under ISDA Master Agreement
(DBN)

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Healthcare:

Bankruptcy lawyer says deadline circumstantial in Children's bankruptcy
(DBN)

Workers Slammed by Higher Health Care Costs
(DBN)

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Sovereigns:

Governments Turn to the UN to Avoid Paying Their Debts
(DBN)

Argentina keeps options open on $5.9 billion bond payout due Oct. 5
(DBN)

Perry Capital Said to Sell Almost 50% of Argentine Bond Position
(DBN)

Kicillof: 'Next gov't will have to strongly negotiate with vulture funds'
(DBN)

US Judge Thomas Griesa calls for new hearing on December 1
(DBN)

____________

UK:

Begbies Traynor Buys Insolvent Insolvency Specialist P&A
(DBN)

____________

PIIGS:

Greek Bank Bondholders May Avoid Bail-In, Recap Fund Chief Says
(DBN)

How Greece could collapse the eurozone
(DBN)

____________

Canada:

Personal insolvency filings in Alberta up 28 per cent from 2014
(DBN)

More Canada Debt Headed for Distress, Says Trilogy's Kupferberg
(DBN)

Ontario to Collect More Data on Bonds Amid Liquidity Concerns
(DBN)

Charges Laid in Bankruptcy Investigation
(DBN)

____________

Russia:

Kremlin doesn't rule out Transaero bankruptcy Russia's Change of Plan on Transaero Bailout Lifts Aeroflot
(DBN)

Why millions of Russians could file for bankruptcy today Chaos Feared as Millions of Russians Gain Right to Go Bankrupt
(DBN)

Putin's Economic Might Is Withering Away
(DBN)

____________

Poland:

Poland wants its energy groups to help restructure coal mining
(DBN)

____________

Norway:

Deutsche Bank Says Norwegian `Billionaire' Vik Is Hiding Assets
(DBN)

____________

Sweden:

Sweden Moves Towards 6 Hour Work Day
(DBN)

____________

China:

Shaky China, Asia activity surveys leave world outlook vulnerable
(DBN)

Chinese SMEs are struggling
(DBN)

China PMI beats in September A tale of two China PMIs: Manufacturing still contracting
(DBN)

____________

Austria:

German Creditors Challenge Failure of Austrian Hypo Alpe- Adria- Bank
(DBN)

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