October 26, 2015

The Daily Bankruptcy News

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Law:

Law firms said to be focus of recent cyber attacks
(DBN)

Kirkland hires third restructuring partner in Hong Kong
(DBN)

The Law School Debt Crisis NY Times: A Majority Of Law Schools Are Scamming Students And Taxpayers Pasquale responds to New York Times' latest critique of law student loans
(DBN)

Kirkland & Ellis CIO: ‘We’re Doing Phishing Attacks on Our People’
(DBN)

From Sleepy 60s Miami to NYC: The Story of Greenberg Traurig
(DBN)

Cadwalader cleared of malpractice in Nomura case
(DBN)

Major insurer takes aim at legal costs
(DBN)

Shyness Is Not A Litigator Trait
(DBN)

The end of lawyering: A time to get creative
(DBN)

Theranos Represented By David Boies Aka "Michael Jordan Of Courtrooms"
(DBN)

At top law schools, law profs with PhDs and little legal experience become more common
(DBN)

Worst Law School Ever Is Now Suing Its Professors
(DBN)

For $100 Million, You Can Name Northwestern Whatever You Want
(DBN)

The University Of Everywhere - Law Schools Should Be Very Afraid
(DBN)

What Was This Law Professor Thinking? A Teaching Technique Triggers Terror In Students
(DBN)

Which Law School Has The Best Career Prospects? (2016)
(DBN)

Rainbow Vomit And Law Professor Advice
(DBN)

Using AI for processing is just the beginning
(DBN)

West Coast Employment Practices Continue To Dominate The Market
(DBN)

Debevoise UK heads: "We don’t do easy, we’re not a conveyor belt"
(DBN)

Retired General Replaced by Lawyer (ex-SCOTUS law clerk) as Special Envoy to Iraq, Syria
(DBN)

Storming The Court: A U.S. Senator Looks Back On His Law School Days
(DBN)

9 ways to start a conversation with absolutely anyone
(DBN)

Use These 7 Exercises to Become a Public Speaking Pro
(DBN)

How To Pack A Suit
(DBN)

New Mexico's secretary of state resigns amid fraud allegations
(DBN)

Pa. Code May Block Kane From Continuing as AG
(DBN)

Two More Women Accuse Bill Cosby of Misconduct
(DBN)

Barrister revealed as ‘crazy man who shouts at kids’ in viral YouTube video
(DBN)

Alleged r--- in courthouse restroom follows complaints of harassment by female lawyers
(DBN)

Nurse who was quarantined during Ebola scare sues Gov. Chris Christie
(DBN)

Most Americans are wrong about whether concealed carry makes us safer
(DBN)

Junior barrister becomes global hero after hopping off bike to challenge China supporters on human rights
(DBN)

Oliver Wendell Holmes Sure Had A Way With Words
(DBN)

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Judges:

Judge gives juror 5 days, fines her $500 for doing legal research during trial
(DBN)

9th Circuit OKs doubling of prison term for defendant who laughed at sentencing
(DBN)

A Supreme Court Justice’s Offensive, Racy Emails
(DBN)

New federal bankruptcy judge dons robe
(DBN)

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Wall Street:

Stock futures pause
(DBN)

U.S. stocks close higher Friday
(DBN)

A Wall Street 'Master of the Universe' nailed the millennial mindset with one simple story
(DBN)

History says a terrible market week is ahead
(DBN)

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Layoffs:

State Street to cut 200-600 jobs as profit falls short
(DBN)

J.C. Penney lays off 9% of its headquarters jobs
(DBN)

Credit Suisse Cuts Thousands of Jobs in Shakeup
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Hollywood:

Behind-the-Scenes Hollywood Firms End up in Bankruptcy
(DBN)

Relativity’s trip out of bankruptcy stalled by revisions
(DBN)

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Education:

The Rise and Fall of For-Profit Schools
(DBN)

Half of U.S. College Grads Agree Their Education Was Worth the Cost
(DBN)

2 relatives of Anamarc College owner agree to repay funds
(DBN)

Feds link Fattah Jr. to defunct , for-profit education firm
(DBN)

On crumbling campus, Morris Brown president seeks revival
(DBN)

Why '5+5+5=15' is wrong under the Common Core
(DBN)

____________

Coal:

Coal company plans to sell shuttered mines Alpha Natural Resources to sell at least 16 closed mines
(DBN)

Twenty-four States Sue Obama Over Coal Plant Emissions Rule
(DBN)

State, Advocacy Group Spar Over Permit For Bankrupt Miner
(DBN)

Miner health fund at risk due to Peabody, Patriot dispute
(DBN)

____________

Politics:

Law Firm Love For Hillary Hillary Calls Out Her Attorneys During Testimony The Most Likely Next President Is Hillary Clinton
(DBN)

Bernie Sanders had the perfect response to Larry David's impersonation of him At Key Iowa Dinner, Sanders Sharply Criticizes Clinton's Record
(DBN)

Trump Huge on Ego in Bloomberg Politics/Des Moines Register Iowa Poll Trump Still Doesn't 'Know About' Carson's Seventh Day Adventist Faith Trump's controversial time in AC under new scrutiny When Donald Trump Hated Ronald Reagan
(DBN)

Ben Carson Tells Donald Trump ‘I Have Plenty of Energy’ Ben Carson Would Reshape, Not Eliminate, Medicare and Medicaid Ben Carson Compares Women Seeking Abortions to Slave-Owners Ben Carson’s Debate Strategy: Copy Marco Rubio’s Style What Carson's Surge Doesn't Mean Ben Carson: Intensify the War on Drugs
(DBN)

Jeb Bush Orders Across-the-Board Pay Cuts for Struggling Campaign Jeb Bush: More Conservative Than You Think
(DBN)

Realtor.com Chief Economist Jonathan Smoke announces run for President
(DBN)

The GOP has a new Speaker, but he's stuck with the same doomed strategy
(DBN)

____________

Weather:

Hurricane Flooding May Cost Texas Billions After Mexico's Luck
(DBN)

Americans Have Never Been So Sure About Climate Change—Even Republicans
(DBN)

The Strongest El Nino in Decades Is Going to Mess With Everything
(DBN)

"Worst Storm in History" Barely Damages Mexico
(DBN)

____________

Environmental:

County may spend $2 million on Exide cleanup
(DBN)

____________

Shipping:

OW Bunker appeal fails
(DBN)

Stuck in the Bunker – OW and Retention of Title
(DBN)

____________

Healthcare:

HHSC objects to Chapter 11 bankruptcy plan
(DBN)

Children’s bankruptcy settlement debated
(DBN)

Catholic health system seeking buyer to repay millions in debt
(DBN)

Bankruptcy court approves transaction between Southern Regional Medical Center, Prime Healthcare Foundation
(DBN)

Does Medical Crowdfunding Reduce Bankruptcy Rates in the United States? An Empirical Analysis
(DBN)

____________

Awards:

Attorney joins bankruptcy institute board
(DBN)

____________


Economy:

The fall of America's middle class may be tied to another key trend
(DBN)

Most Americans have less than $1,000 in savings
(DBN)

Economists are starting to warn about the risk of a new U.S. recession
(DBN)

Ben Bernanke has no patience for the idea that Fed policy is hurting savers
(DBN)

Bernanke Says Yellen's Tough Decision Turns on Global Headwinds
(DBN)

Yellen, consensus-builder, needs to send strong signal at Fed meet
(DBN)

How To Make $3 Trillion Disappear
(DBN)

Europe just made it harder for the Fed to raise rates
(DBN)

Bernanke and Lehman, Revisited
(DBN)

The Fed's Next Big Decision May Not Be About Rates
(DBN)

America's economic boom, crash, and epic comeback in maps
(DBN)

Banks are seriously discussing negative interest rates for consumers
(DBN)

Larry Summers: The global economy is facing a 'dangerous' situation
(DBN)

Markit October Flash Manufacturing PMI Unexpectedly Rebounds
(DBN)

Discover Card President: Consumer spending looks pretty soft to us
(DBN)

How the Global Financial Crisis Drove Down Collective Bargaining
(DBN)

An Enduring Mystery of the ‘Gig Economy’: Why Are So Few People Self-Employed?
(DBN)

Do We Know What We Owe? Consumer Debt as Reported by Borrowers and Lenders
(DBN)

Gave His Workers $70,000, but Then What?
(DBN)

GOP Hasn't Got the Votes to Up Debt Limit Lew: Raise debt ceiling to avoid ‘terrible accident’
(DBN)

US Debt Clock
(DBN

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

Large Q3 Drop in Seriously Underwater Properties
(DBN)

Cash sales share drops to 9-year low
(DBN)

Labor Shortages Trip Up Big Home Builders
(DBN)

Are we seeing the end of California's housing juggernaut?
(DBN)

Here’s proof why Millennials should buy not rent
(DBN)

Judge places Dargey's projects, company into receivership
(DBN)

Morgan Stanley has a bleak prediction for San Francisco renters
(DBN)

Sam Zell Edges Out of Apartments
(DBN)

____________

Municipalities:

US Treasury supports broad bankruptcy protection for Puerto Rico Obama is trying to rescue Puerto Rico
(DBN)

Elizabeth Warren Rips the Obama Administration on Puerto Rico
(DBN)

S&P maintains CC rating on Puerto Rico after U.S. Treasury proposal
(DBN)

GOP Won't Help Puerto Rico
(DBN)

A rescue plan for Puerto Rico
(DBN)

Financial Control Board No Savior for Puerto Rico, S&P Says
(DBN)

Puerto Rico's Financial Crisis Could Lead to Much Worse
(DBN)

Puerto Rico Has Already Been Milked Dry -- Bernie Sanders And Elizabeth Warren Tell Bankers
(DBN)

Congress Should Help Puerto Rico Restructure Its Debt
(DBN)

Sanders: Wall Street may need to take 'haircut' on Puerto Rico loans
(DBN)

Puerto Rico a Step Closer to Possible Debt Restructuring
(DBN)

Will Snyder's DPS plan work?
(DBN)

Detroit navigating road to recovery
(DBN)

Appeal pursued in long-running dispute over Detroit water shutoffs
(DBN)

The 10 most expensive places to raise a family
(DBN)

____________

Oil/Gas:

US oil settles down 1.7%, at $44.60 a barrel Oil prices stable after heavy drop Soaring U.S. Dollar Sees Crude Tumbling Again
(DBN)

US shale is running out of options The oil industry's 'day of reckoning' is near
(DBN)

Crude Oil Supplies Are Enormous
(DBN)

Some U.S. bond funds bet on high-yield survivors of oil carnage
(DBN)

Moody's: Oil & Gas Not Making the Grade
(DBN)

Barclays Thinks Oil Will Be at $85 in 2020
(DBN)

The trends that will keep the oil price below $60/B
(DBN)

Maersk Will Cut Up to 12% of Oil Jobs After Prices Slump
(DBN)

Oil Service Firms Deepen Job Cuts as No Rebound Yet
(DBN)

Saudi Arabia could run out of financial assets within five years
(DBN)

Oil down as dollar offsets China move; glut hits prompt US crude
(DBN)

Oil rig count drops for 8th straight week
(DBN)

US Manipulation of Oil Price Backfires on Saudi Arabia
(DBN)

Exco: Debt Restructuring Moves Improve Optionality And Survival Case
(DBN)

Exporting Oil May Not Have the Impact You Think It Will
(DBN)

Oil investors should have read the manual all the way to the end
(DBN)

China Investment Firm Buys Tx. Oil Fields
(DBN)

Bankrupt E&P Accused Of ‘Ponzi-like’ Scheme Offers Louisiana Assets
(DBN)

Despite thousands of oil industry layoffs, Houston growth won’t be slowed much
(DBN)

U.S. oil rig count down just one, but Permian sees a sharper pullback
(DBN)

Abu Dhabi calls $50 oil a 'gift to the world'
(DBN)

____________

Retailing:

Amazon shows the US economy is in great shape Amazon is not a place people want to work
(DBN)

19 tricks stores use to make you spend more money
(DBN)

____________

Personal Finance:

Here's how much you need to earn to live comfortably in New York City while still saving money
(DBN)

____________

Resorts:

2000 Baha Mar employees laid off
(DBN)

____________

Banking:

The Myth of the Disappearing Free Checking Account
(DBN)

Crash Strands Users of Prepaid 'RushCard'
(DBN)

____________

Lehman:

Lehman Brothers Awarded Attorney Fees in Loan Feud
(DBN)

____________

Finance:

US House to start voting Monday on revival of shuttered Ex-Im bank
(DBN)

____________

Fraud:

Financial adviser faces prison for role in fraud
(DBN)

____________

Autos:

Jones Day & VW - Smart Legal/Branding Move To Prevent Contamination Of Possible Evidence
(DBN)

UAW threatens strike against General Motors GM Reaches Tentative Pact With UAW Workers, Avoiding Strike
(DBN)

GM to cut a shift at Orion Assembly
(DBN)

Federal Judge Slams 'Shocking' DOJ Deal with GM Over Safety Defect
(DBN)

Volkswagen Inquiry's Focus to Include Managers Who Turned a Blind Eye Officials Worry VW Cheated for Years
(DBN)

____________

Museums:

How the 'Please Touch' was able to stay open in bankruptcy
(DBN)

____________

 


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 (24 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (7 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)

______________

Safe Harbors:

Court Vacates Landmark 546(e) Safe Harbor Decision
(DBN)

____________

Miscellaneous:

The Week Ahead
(DBN)

Why does bankruptcy still feel like the ultimate taboo?
(DBN)

Fifth Circuit Report: August-September 2015
(DBN)

____________

Bankruptcy Reform:

BAPCPA at 10: Was It Good or Bad
(DBN)

Secured Creditor Trade Group Responds to ABI Commission Report
(DBN)

____________

Avoidance Actions:

Bankruptcy trustee accuses neurosurgeon of hiding assets
(DBN)

____________

Plan Confirmation:

Report About Oral Argument In re Zachary: Absolute Priority Rule In Individual Ch. 11s
(DBN)

____________

Involuntary Bankruptcy:

No Bad Blood in the Bankruptcy Court: Third Circuit Holds That Bad Faith Is a Basis for Dismissing Involuntary Petitions
(DBN)

____________

TBTF:

Is Dodd Frank Orderly Liquidation Authority Necessary to Fix Too-Big-to-Fail?
(DBN)

____________

Student Debt:

Court Rules That Student Loan Company Isn't Above the Law
(DBN)

The Student Loan Scandal That Won't Die
(DBN)

Why Student Loans Are So Difficult To Discharge In Bankruptcy
(DBN)

____________

Insurance:

D&O Insurance: Two Federal Appellate Courts Issue Rulings Confirming Carriers’ Coverage Denials
(DBN)

____________

Corporate Reform:

It's getting harder to put Wall Streeters behind bars Has It Become Impossible to Prosecute White-Collar Crime?
(DBN)

Behind the SEC’s Record Year: Padded Stats or Pathbreaking Cases?
(DBN)

Lois Lerner Won't Be Charged in IRS Scandal
(DBN)

____________

Pharma:

Drugmakers Are Distancing Themselves From Valeant The case of the company trying to sue...itself? What the drop in Valeant's stock says about hedge funds' herd mentality Valeant : Too Risky to Touch Valeant's Bond Investors Feel the Pain Amid 'Trust' Issues Valeant must untangle web of allegations on Monday call Valeant skids after firm says 'in full compliance'
(DBN)

Martin Shkreli Won't Suffer Because Of That $1-A-Pill Competitor
(DBN)

____________

Biotech:

Why biotech has a fondness for failure
(DBN)

____________

Tax:

Inside Swiss Banks' Tax-Cheating Machinery
(DBN)

____________

Food/Beverage:

Haggen's bankruptcy could be a blow to local businesses
(DBN)

Haggen and the law of unintended consequences
(DBN)

Montana restaurant owners file bankruptcy
(DBN)

Hilco Streambank to Market All Intellectual Property Associated With The Great Atlantic & Pacific Tea Company.
(DBN)

Some ex-A&P stores change hands, others prep to close
(DBN)

Ropes & Gray LLP: Key Food Stores Acquires 23 A&P Stores
(DBN)

____________

Sovereigns:

An Argentine bond breakthrough, via Belgium? Argentina Ballot Seen as First Step Toward Bond-Market Return
(DBN)

Judge Griesa rules in favor of 'me too' Argentine bond holders
(DBN)

____________

UK:

British Steel Dies, But Carmaking Thrives
(DBN)

UK Steel industry in Crisis
(DBN)

Barclays, HSBC and RBS face $900m forex rigging bill as firms gear up for raft of UK litigation
(DBN)

____________

PIIGS:

Cerberus Preferred Bidder for $7 Billion of Irish Bad Loans
(DBN)

Government Debt in France and Italy Swells to Euro-Era Highs
(DBN)

Three days that saved the euro
(DBN)

____________

China:

Chinese Official Economists: China Should Grow At 6% - 7% For Some Years
(DBN)

China's companies are a snake eating its own tail
(DBN)

Barclays to BlackRock Say the China Rebound Rally Won't Last
(DBN)

China Pessimism Is Overblown, IMF says, Citing Booming Services Sector
(DBN)

Who's Afraid of China?
(DBN)

A China twist: why are malls closing if consumption is rising?
(DBN)

____________

Australia:

Too big to fail is alive and well
(DBN)

____________

Argentina:

Argentina votes with economy in chaos Can a New President Fix Argentina's Crazy Economy? Argentina Election Won't Make Investors Rush In
(DBN)

Argentina won't likely cry much for Cristina Fernandez
(DBN)

____________

BVI:

Ogier gains offshore insolvency star
(DBN)

____________

Africa:

Loans leave Ghana on the edge of bankruptcy
(DBN)

South Africa's Evraz to defend its rescue against parent in court
(DBN)

____________

Ukraine:

Ukraine PM says won't repay Russian debt if no restructuring deal-paper
(DBN)

____________

Mexico:

Mexico's Homex Tumbles as Trading Resumes After 20-Month Halt
(DBN)

Lawyer arrested for allegedly helping Mexican drug kingpin escape from prison
(DBN)

____________

MENA:

Israel Debt Risk Gains Most in 14 Months as Violence Rises
(DBN)

____________

Russia:

Russia’s biggest bank: Our three black swans
(DBN)

____________

Switzerland:

Swiss private bank Hottinger faces bankruptcy
(DBN)

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