October 29, 2015

The Daily Bankruptcy News

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Law:

As Bankruptcy Filings Fall, Big Firms Forge Path Through Slowdown
(DBN)

Associate Bonus Watch: It’s A ‘Sin’ To Make This Much Money
(DBN)

Do Associate Bonuses Create Perverse Incentives?
(DBN)

Latham & Watkins Names New Bankruptcy Partners
(DBN)

Cleary Gottlieb Names New Restructuring Partner, Counsel
(DBN)

An Interview with Sharon Levine of Lowenstein Sandler
(DBN)

Cleary Gottlieb builds up counsel numbers but plays safe on partners
(DBN)

Firms Still Reviewing Strategy in Wake of Recession, Clients Want to See More
(DBN)

Layoff Watch: More Lawyer Jobs Slashed Due To Weak Market
(DBN)

No ‘Appreciable Progress’ for Women in Partnership Ranks
(DBN)

Law Firms Risk Replacement as Boards Focus on Cybersecurity
(DBN)

Corporate Counsel to Outside Firms: Get With the Tech or Else
(DBN)

Five practical tips on how to network
(DBN)

Need a Lawyer? Legal Ads Are Proliferating, Says New Report This law firm will spend more than $25M in legal advertising this year, report says A Dubious Legal Distinction
(DBN)

Is Legal Scholarship Barren of Meaning?
(DBN)

Don’t Baby Law School Applicants
(DBN)

An Inside Look At A T14 Law School’s Unemployment Rate
(DBN)

NY Times Has Pulled A Loose Thread On The Legal Education Establishment’s Sweater
(DBN)

‘Grow’ your law school? The what, why and whether of Denver Law
(DBN)

University of West Los Angeles School of Law Granted Re-Accreditation by California State Bar
(DBN)

Baker & Hostetler's Madoff Tab Tops $715 Million
(DBN)

The Bonfire Of The Vanities: A Conversation With Preet Bharara And Tom Wolfe
(DBN)

When Your Career Is On The Chopping Block
(DBN)

Smart-dressing law student slams ‘tracksuit slob’ classmates for judging her
(DBN)

Downsized In-House Legal Department Works For Lear - Could Be Hybrid Model For Future Lear GC explains why legal team is getting smaller
(DBN)

4 Rules Entrepreneurs Should Understand Before Pitching Their Products To Attorneys
(DBN)

Mysterious barrister lifts lid on cocaine-fueled life at the bar
(DBN)

Former House Speaker Dennis Hastert Pleads Guilty
(DBN)

S.C. officer fired after throwing student across classroom Students called South Carolina cop filmed attacking girl ‘Officer Slam’ Another Lesson in Race, Policing and Mistrust
(DBN)

Judge Dismisses Case Against ‘Drone Slayer’ Who Shot Down Drone From Back Porch
(DBN)

Criminal lawyer accused of charging clients $1M for ‘guaranteed’ dismissals gets 15 years
(DBN)

??????????
(DBN)

A D.C. cop tried to break up a group of teens. It ended in an impressive dance-off.
(DBN)

St. Louis Prosecutor Pleads Guilty To Covering Up Police Brutality
(DBN)

Using taxi as getaway car points police to bank robbery suspect
(DBN)

Hackers Threaten to Release KKK Names
(DBN)

Hasbro Says Toy Hamster Looks Nothing Like Fox News Anchor
(DBN)

Sometimes DNA Evidence Lies
(DBN)

Woman Molested During Flight From Dubai
(DBN)

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Judges:

Ex-Detroit bankruptcy judge to mediate VW suits
(DBN)

Judge Kathryn C. Ferguson Becomes the 6th Chief Bankruptcy Judge for the District of New Jersey
(DBN)

Justice Ginsburg's Warning To A Dysfunctional Nation
(DBN)

A Discussion With Judge Andrew B. Altenburg
(DBN)

Public officials with moral qualms about laws should resign or enforce the law, Justice Kennedy says
(DBN)

New Legally Blonde film could feature Elle Woods as a Supreme Court judge
(DBN)

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Wall Street:

Stock futures stumble
(DBN)

Wall Street climbs after Fed in volatile trading
(DBN)

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Layoffs:

Deutsche Bank to cut 35,000 jobs in shake-up
(DBN)

A&P notifies state of layoffs at Montvale corporate headquarters
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Student Debt:

The Effect of Switching from a Brunner to a Totality Test for Student Loan Bankruptcy
(DBN)

Interview With Student Loan Activist Alan Collinge On Bankruptcy Protection
(DBN)

Budget bill rider would allow student debt collectors to robocall your cellphone
(DBN)

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Celebs:

5 Famous NFL Players Who Lost Their Fortunes
(DBN)

Dykstra Admits Extorting MLB Umpires
(DBN)

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Politics:

Republicans face off on taxes, gun-free zones GOP debate: Who won...and who lost Ted Cruz and Marco Rubio won the Republican debate Fact checking the CNBC GOP Presidential Debate GOP Debate: Fact-checking the candidates' claims Republican debate: CNN’s Reality Check team inspects the claims Insiders, outsiders stake claims in GOP presidential debate The third Republican presidential debate, explained All out war on CNBC Analysis: A Free for All GOP Debate
(DBN)

Carson, Trump will be center of attention at Republican debate These are the 3 enemies of the GOP debates thus far
(DBN)

Trump: I have no apology for bankruptcies Trump defends his Atlantic City tenure again at GOP debate Donald Trump: Boy am I good at solving debt problems Donald Trump's Logic: 4 Bankruptcies Show His Skill With Debt Trump: I carry a gun on occasion Trump to Iowa: ‘What the hell are you people doing to me?’ If Trump isn’t winning, he’s whining The Donald Has Filed For Bankruptcy Multiple Times. What's His Strategy, and What Can It Teach You? s CNBC Debate Will Be “Unfair” A Humbler Donald Trump Pleads With Iowans: 'I'm Not Leaving' The most interesting thing about Donald Trump's thoughts on tech is how boring they are Trump Fact Check: "I never said that" Marco Rubio was Mark Zuckerberg’s personal senator.
(DBN)

Why Hillary Clinton Is Rising in the Polls Now Ads Position Hillary Clinton as Champion of Working Women Hillary Clinton’s progressive problem: Explaining the past she can’t quite manage to escape What Hillary Clinton said on Stephen Colbert’s show, and what she might have meant
(DBN)

Top Bernie Sanders aides say Hillary would make a ‘great vice president’ Why millennials love Bernie Sanders, and why that may not be enough
(DBN)

Ben Carson believes the world was literally created in 6 days Ahead of debate, new spotlight on Carson reveals gaps in his platform Stop Losing to Ben Carson! What to Make of Carson's Surge Ben Carson, Beating All Comers Ben Carson Will Be Best-Liked Candidate on Debate Stage Ben Carson's disappearing act Carson Fact Check: Says he "didn’t have an involvement with" nutritional supplement company Mannatech. Ben Carson vs. Ben Carson
(DBN)

Third GOP Debate a New Shot for Carly Fiorina Fiorina adds detail to antiabortion story: Planned Parenthood Carly Fiorina's wildly misleading "92 percent" claim about women and jobs Carly Fiorina's controversial record as CEO, explained
(DBN)

Kasich indicates his GOP rivals Trump and Carson are crazy
(DBN)

It was not a good night for Jeb Bush ...
(DBN)

Florida Newspaper: Marco Rubio ‘Ripping Us Off’, Should Quit Senate Marco Rubio's $6 Trillion Problem
(DBN)

Ted Cruz is wrong about inflation
(DBN)

6 ‘presidential’ quotes Rand Paul totally made up
(DBN)

Charles Koch — oops! — praises Obamacare
(DBN)

As Speaker, Paul Ryan Can Finally Get Tax Overhaul Done
(DBN)

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Debt Collection:

Congress Set to Allow Robocalls to Cellphones
(DBN)

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Electricity:

Fees in Energy Future Holdings' Bankruptcy to Exceed $200M
(DBN)

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Economy:

FOMC Statement: No Rate Hike Fed leaves target interest rate at zero, but a December hike is still on table Complete text 4 Takeaways From the Fed's Announcement How Yellen got Fed doves to go along with hike hint
(DBN)

Krugman: Check Out Our Low, Low (Natural) Rates
(DBN)

Here's How You Know The Economy Is Not Growing Fast Enough
(DBN)

10 Charts on the Obama Economy
(DBN)

Parsing the Fed: How the October Statement Changed from September
(DBN)

Ben Bernanke reveals the biggest financial risk in the global economy
(DBN)

GOP Hopefuls Rail Against Debt-Ceiling Deal Budget deal will require 15 million older Americans to pay more for Medicare
(DBN)

CEOs have millions more put away for retirement than their workers Top execs have 900 times the average Joe’s savings
(DBN)

The Best and Worst Countries to Run a Business, According to the World Bank
(DBN)

Study: Millennial Small-Business Owners are Active Borrowers with High Delinquency Rates
(DBN)

Chart: Stop Complaining About Long Workweek
(DBN)

The Sharing Economy's Monopolies
(DBN)

US Debt Clock
(DBN

Economic Indicators Dashboard
(DBN)

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Real Estate:

Ocwen posts big loss, erasing profits for 2015
(DBN)

MBA: Mortgage Applications Decrease in Latest Weekly Survey, Purchase Applications up 23% YoY
(DBN)

WA: Brinkman files for bankruptcy
(DBN)

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Municipalities:

A Macabre Idea for Reviving the Puerto Rican Economy
(DBN)

Puerto Rico close to default precipice
(DBN)

Larry Summers: Puerto Rico is a test of whether financial interests control Washington
(DBN)

Obama Administration’s Legislative Proposal to Address Puerto Rico’s Fiscal Crisis
(DBN)

How the U.S. Should Fix Puerto Rico
(DBN)

Puerto Rico utility PREPA's bond insurers present terms -source
(DBN)

Puerto Rico Fiscal Crisis: Private Business Likely to Feel the Pinch
(DBN)

The 'Land of Lincoln' is still sinking
(DBN)

Puerto Rico's Debt Crisis Revives Debate on Statehood
(DBN)

Puerto Rico government bank that issues bonds announces drop in liquidity amid economic crisis
(DBN)

Puerto Rico Governor May Not Seek Re-Election, Report Says
(DBN)

Puerto Rico Default Won't Derail Market, Bond Insurer Says
(DBN)

Big U.S. Cities Are Adding Jobs, Cutting Jobless Rates. How Does Yours Rank?
(DBN)

California Clarifies and Enhances Protection for Municipal General Obligation Bonds
(DBN)

Jacksonville Pension Bled Money as Funding Shortfall Doubled
(DBN)

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Retailing:

Hawaii retailer Hilo Hattie to auction off store fixtures, office equipment and memorabilia
(DBN)

Quiksilver Asked Court to Approve Sale of Shoe Brand
(DBN)

Will other retailers follow REI and close on Black Friday?
(DBN)

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Hollywood:

Weinstein Co. Must Face Bankrupt DVD Distributor's Fraud Claim
(DBN)

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Oil/Gas:

Oil tops $45 to settle at highest level in a week Oil prices jump on smaller inventory build Why oil is soaring despite 5 weeks of rising supplies
(DBN)

Low Oil Prices Could Bankrupt OPEC in 5 Years -- but Crush Rest of World in 3
(DBN)

Too Much Oil at Too Small of a Price for Producers
(DBN)

Nabors CEO: Expect more exits from U.S. oil patch in fourth quarter
(DBN)

Sabine Oil & Gas Strikes First, Seizing Control of Bankruptcy Litigation
(DBN)

Shell takes $2 bln write-down on oil sands Shell’s Scrapped Oil Sands Project Highlights Major Issue For Canada Shell Has Biggest Loss in More Than a Decade
(DBN)

Weak oil prices hit Russia’s sovereign-wealth fund
(DBN)

Occidental Petroleum to Exit Bakken Shale Amid Heavy Losses
(DBN)

Anadarko CEO: “Growth will not be rewarded” amid cheap oil
(DBN)

Weak prices 'may hurt ratings' of oil and gas firms
(DBN)

Oil majors rush cuts to hit $60 break-even
(DBN)

Are investors in the Canadian fossil fuel sector in denial
(DBN)

NatGas Glut Mirrors The Problems Facing Oil Markets
(DBN)

Statoil posts $330 million loss in third quarter
(DBN)

Suncor Posts Loss Amid Oil Crash Even as Company Cuts Costs
(DBN)

ConocoPhillips Reports Loss as Oil Crash Limits Shale Growth
(DBN)

Why EBITDA is so misleading for E&Ps these days
(DBN)

Judge declines to freeze Alfaro's assets The Opinion
(DBN)

Shell swings to loss on $7.9 billion charges
(DBN)

Gas Powered Cars Could Go Extinct by 2050
(DBN)

Downsizing with dignity as challenge as oilpatch layoffs mount
(DBN)

How OPEC is likely ruining your retirement
(DBN)

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Coal:

Arch Coal Inc: Bankruptcy Is Here... Almost
(DBN)

Arch Coal Running Out of Options
(DBN)

Mines delinquent on taxes big part of Kanawha County budget deficit
(DBN)

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Paper:

‘A lot of people might be out of work soon’: Lincoln lowers tax rate
(DBN)

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Personal Finance:

The complicated product that is leaving some retirees deeper in debt
(DBN)

You're About to Lose $50,000 in Social Security
(DBN)

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Awards:

Pittsburgh lawyer Robert Bernstein honored by American College of Bankruptcy
(DBN)

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Resorts:

Predictions For Baha Mar’s Future
(DBN)

Resort’s Reputation Has Been Tarnished
(DBN)

AG defends govt’s handling of Baha Mar crisis
(DBN)

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Food/Beverage:

New Bedford seafood company files for chapter 11 bankruptcy
(DBN)

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Environmental:

LA County to spend $2M to speed cleanup of battery recycler
(DBN)

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Consumer Finance:

Will This Online Lender's Risky Business Model Hold Up?
(DBN)

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Bankruptcy Crimes:

Real estate investor, medical business owner get prison time over bankruptcy, tax charges
(DBN)

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Trucking:

Trucking Industry Sees Swooning Demand
(DBN)

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Gold:

World's Biggest Gold Miners Answer Price Slump With More Output
(DBN)

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New Bankruptcy Opinions
(9 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (22 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (9 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:

Bankruptcy Filings declined 11% in Fiscal 2015, Lowest Filings since 2007 Fiscal Year Bankruptcy Filings Continue Fall
(DBN)

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Mootness:

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

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Chapter 13:

Are your clients entitled to a chapter 13 discharge if they have missed post petition mortgage payments?
(DBN)

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Free and Clear:

High court asked to rein in confusion over 2 key bankruptcy issues
(DBN)

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Insurance:

Please, SIR, the Plaintiffs Want Some More: The Southern District of Ohio Weighs in on the Treatment of Self-Insured Retentions in Bankruptcy
(DBN)

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Chapter 13:

BK SD CA: Court Seeks Comments On Mandatory Ch. 13 Plan
(DBN)

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Bankruptcy Policy:

What is Right About Bankruptcy Law and Wrong About its Critics
(DBN)

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Default Interest:

Postdefault Interest Rates in Bankruptcy
(DBN)

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TBTF:

Stephen Colbert asked Hillary Clinton if she'd let big banks fail: 'Yes, yes, yes, yes, yes, yes'
(DBN)

Fed's Disaster Plan Is Bitter Pill for Debt-Averse Wells Fargo
(DBN)

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Hedge Funds:

S&P 500 vs Hedge Fund Returns Since 2011
(DBN)

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Education:

Judge Rules Defunct For-Profit College Is Liable for $530 Million in Damages Corinthian Colleges Ordered to Pay Damages to Students
(DBN)

Corinthian Colleges Loses Federal Lawsuit As Education Department Faces Reckoning
(DBN)

California student test scores among worst in US
(DBN)

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Aviation:

Bankruptcy Reprieve: One Hurdle Down For Republic Airways
(DBN)

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Communications:

Bankruptcy court grants more time to former Standard Register entity
(DBN)

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Healthcare:

Statement Ok'd for Children's reorganization
(DBN)

Bankruptcy judge approves $5.7 million sale of Nurses Registry to Louisiana company
(DBN)

Court: Medicare, Medicaid can't be cut during home's bankruptcy appeal
(DBN)

Hutcheson board questions critical report
(DBN)

Almost Half of Obamacare Co-Ops to Close
(DBN)

More Seeking Low Cost Health Care in Mexico
(DBN)

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Autos:

Christie Agrees Those Behind Bad GM Switches Should Be in Jail
(DBN)

Millikin Faces Subpoena as GM Bellwether Looms
(DBN)

Why VW Is “Too Big To Fail”
(DBN)

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Hotels:

Ousted Hotel Conneaut operator considering court fight to get hotel back
(DBN)

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Taxis:

So the Uber Surge Price Theory Doesn't Work?
(DBN)

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Sovereigns:

New York hearing with vultures ends
(DBN)

Argentina: Holdouts dispute, a Cristina Fernandez legacy for the next government
(DBN)

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UK:

Personal insolvency numbers rise sharply Personal insolvencies long-term decline continues
(DBN)

The UK steel industry – the beginning of the end?
(DBN)

Scottish corporate failures fall but concerns over offshore debt recovery tactics
(DBN)

How ministers gave millions to Kids Company despite repeated warnings from officials
(DBN)

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EU:

The Quantitative Easing Experiment Is Failing
(DBN)

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PIIGS:

Spanish Insolvency Law Amended with a Welcome Reform to Article 90.1.6º
(DBN)

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Canada:

US Steel claiming $2.2 billion in debt owed by former Stelco
(DBN)

U.S. Steel wants court to make Canadian operation pay $2.2 billion debt
(DBN)

Devon Energy Cuts 15% Of Staff In Canada
(DBN)

Oilpatch expected to lose $2.1-billion this year
(DBN)

Lawyer Fights Incurable Cancer With Humor, Hope, And An Amazing Blog
(DBN)

Algoma discussing fourth Canadian insolvency
(DBN)

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MENA:

Low oil prices threaten savings, economies of Middle East countries
(DBN)

Israeli Grocer Alon Slides as Default Concern Boosts Competitors
(DBN)

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Africa:

A New OHADA Uniform Act on Insolvency and Restructuring in Africa
(DBN)

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Brazil:

The Use of Chapter 15 by Brazilian Companies: A Case Study
(DBN)

How A Lone Oil Rig Embodies the Brazil Boom That Never Was
(DBN)

Brazilians Pay 414% on Credit Card Interest
(DBN)

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Ukraine:

Russia minister: We're not taking part in Ukraine debt restructuring talks
(DBN)

Putin Tests English Debt Law as Ukraine Feud Heads to London
(DBN)

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India:

Government may set up special regulator to look into bankruptcy cases, new code tilts in favor of creditors
(DBN)

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Russia:

Bankruptcy in Russia: New Instruments of Protection of Creditors’ Rights
(DBN)

Russia Oil Production Poised for Record as Industry Defies Slump
(DBN)

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South Korea:

Daewoo Shipbuilding Gets Rescue from Creditors
(DBN)

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