April 19, 2016

The Daily Bankruptcy News

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3-Column Formating

 

Law:

The 100 Best Law Firms For Women (2016)
(DBN)

Farmers Insurance to pay out $4m to female lawyers
(DBN)

Bankruptcy Lawyer: Diversity Fail: California Solo & Small Firm Summit
(DBN)

Fox Nabs Name Partner, Two Others From NJ Bankruptcy Firm
(DBN)

?????
(DBN)

Bankruptcy lawyer sentenced to 34 months in prison for collecting filing fees from clients without informing the bankruptcy court
(DBN)

Meet the Orthodox lawyer advising Trump on Israel
(DBN)

9th Circuit discharges $6K that bankrupt attorney owed ex-client
(DBN)

Do In-House Counsels Know About Legal Technology?
(DBN)

The Brain Drain Hasn’t Destroyed Biglaw… Yet (NALP 2016)
(DBN)

Confessions Of A Legal Recruiter: Why Talent Firms Are Worth It
(DBN)

Coming and Going Concerns
(DBN)

Count the Money! It’s Tax Day!
(DBN)

Princeton Review's Best 173 Law Schools (2016 Edition)
(DBN)

Virtual Reality & Legal Sector - Amazing Implications
(DBN)

Consensual sex with client leads to reprimand in one state, resignation from practice in another
(DBN)

Collaboration? Bah, Humbug.
(DBN)

Apple Leak Reveals 'All Glass' New iPhone
(DBN)

The Science of Making Friends
(DBN)

Supreme Court appears divided in challenge to Obama’s deferred deportations
(DBN)

Jailed for murder until at least 2033, woman ‘almost got out’ before fake court order was detected
(DBN)

Oscar Pistorius Will Be Sentenced in June for Murder of His Girlfriend
(DBN)

Lawyer is accused of defrauding investors in plaintiff-recruitment business
(DBN)

Lawyer ordered to disgorge $11.4M to former clients loses challenge to consumer bureau’s power
(DBN)

When the Cops Think the Law is the Problem
(DBN)

Is God a Spaghetti Monster? That's a Serious Legal Question
(DBN)

Former BigLaw IT engineer gets 9 years, owes $1.69M for hack into Locke Lord’s computer system
(DBN)

Can hacked data support fraud suit against Ashley Madison? Plaintiffs want to cite lawyer emails
(DBN)

For Arnold & Porter Litigator/ Novelist, a Sometimes Blurry Line Between Fact and Fiction
(DBN)

What Were You Thinking, North Carolina?
(DBN)

Judge: When Lies are Allowed in Contracts
(DBN)

Up to 450 mistakenly jailed on warrants for others in one California county over 5 years, suit says
(DBN)

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Judges:

Garland nomination focus of protests at Supreme Court hears immigration case
(DBN)

Why Republican Resistance to Vote on Supreme Court Nominee Remains Strong
(DBN)

When a Senator Passes Judgment on a Chief Justice
(DBN)

The Supreme Court Is All Tied Up What Should We Expect From the Supreme Court’s Showdown Over Immigration? U.S. top court appears unlikely to revive Obama immigration plan
(DBN)

Conservatives on Skids Before Scalia's Death
(DBN)

Immigration prompts role reversal at Supreme Court
(DBN)

Embattled Kentucky judge who highlighted jury diversity issues agrees to paid suspension
(DBN)

Lawyer Who Lied About His Mom Dying… Allegedly Lied Again TO THE SAME JUDGE
(DBN)

25 Years Later, Anita Hill Reflects on Thomas Episode
(DBN)

______________

Wall Street:

Dow on pace to rise further above 18000 as stock futures gain
(DBN)

Global Stocks Higher As Oil Prices Bounce Back
(DBN)

Dow closes above 18K for first time since July
(DBN)

The Federal Fleece Of Goldman Sachs Is Rooted In Unforgivably Idiotic Reasoning
(DBN)

Goldman Expected to Post Lower Profit
(DBN)

______________

Layoffs:

Fiat Chrysler To Cut 1300 Jobs At Michigan Plant
(DBN)

Nordstrom expects to cut up to 400 jobs in operational revamp
(DBN)

Seadrill Plans to Lay Off More Than 100 Workers in Houston
(DBN)

IA: Kinze Manufacturing to layoff 121 employees
(DBN)

89 Job Cuts Announced At UConn Health
(DBN)

Pittsburgh: Allegheny Technologies lays off 250
(DBN)

Expect More Pink Slips at Morgan Stanley Morgan Stanley Shrinks Its Workforce Most in Three Years: Chart
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Retailing:

Vestis Retail Group Initiates Chapter 11 Proceedings
(DBN)

____________

Politics:

No Experience Necessary: Meet Trump’s Orthodox Israel Advisor Republican Chairman Seeks to Halt Rules Changes as Trump Complains Donald Trump warns of voter anger if he loses convention Donald Trump Remembers When the Towers Came Down on 7-11 Trump’s Bully Pulpit Poll: Trump Leads Nationally with 40% Trump's Faulty Rear View Politics Is Trump Setting Up to Intentionally Lose?
(DBN)

Party Nominations, Rules and Democracy
(DBN)

Sanders's Practically Unprecedented Success Bernie Sanders announces sweeping housing agenda
(DBN)

Cruz: I have 'zero interest whatsoever' in being Trump's VP pick
(DBN)

GOP Worries About Holding the Senate Too
(DBN)

Poll: Over 50% Don't Like Clinton, Cruz, Trump
(DBN)

____________

Fraud:

IRS Urges Americans: Come Clean Now, Before We Read Panama Papers
(DBN)

The Panama Papers - A Small Part of a Larger Challenge?
(DBN)

Tax Attorneys See Reason for Clients to Worry About Panama Papers Inquiries
(DBN)

Theranos: Feds Began Criminal Investigation
(DBN)

____________

Alternative Energy:

SunEdison's Complex Finances Make Potential Bankruptcy `Messy' SunEdison bankruptcy seen as 'complex' and 'messy'
(DBN)

SunEdison shares fall amid bankruptcy fears
(DBN)

Questions raised over aid for Toledo solar-panel maker
(DBN)

____________

Coal:

Peabody Energy's Bankruptcy : It's More Than Just the Coal Market
(DBN)

Peabody explains bankruptcy filings
(DBN)

Peabody switched from self-bonding for state mine cleanups before bankruptcy filing
(DBN)

Arch Coal says it will lose $720 million over the next 3 years
(DBN)

Foresight Energy Obtains Lender Consent for Debt Restructuring
(DBN)

____________

Economy:

America is Not Going Broke
(DBN)

The U.S. Occupations at Greatest Risk of a Labor Shortage
(DBN)

Jobless Numbers: Early Signs of Recession
(DBN)

Most Still Don't See That Vibrant Economy
(DBN)

The debt slaves are starting to revolt
(DBN)

45% of Americans pay no federal income tax 57% of Americans Say Their Income Taxes Are Too High. Only 55.5% Pay Income Tax. What?
(DBN)

Compared to most countries, we’re undertaxed
(DBN)

The Forgotten Recession That Damaged US
(DBN)

Why Poor Americans Have Some of the Highest Electricity Bills
(DBN)

Paying Up for Being Poor
(DBN)

U.S. Wealth And Income Inequality
(DBN)

Traditional retirement: May it rest in peace
(DBN)

States With The Highest And Lowest Tax Rates
(DBN)

The Sub-Zero Club: Getting Used to the Upside-Down World Economy
(DBN)

US Debt Clock
(DBN

World Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

Home-builder confidence treading water just as sector counted on for growth NAHB: Builder Confidence unchanged at 58 in April
(DBN)

Foreclosure Filings at Lowest Mark in Nearly a Decade
(DBN)

What Makes Housing Too Expensive
(DBN)

Lack of inventory hindering housing recovery
(DBN)

Early Look at Existing Home Sales in March
(DBN)

Dallas investment firm at the center of Wall Street’s bet on low-income homebuyers
(DBN)

____________

Municipalities:

Puerto Rico: Legislative Update
(DBN)

Does Canyon Capital Have a Conflict in its Puerto Rico-Fueled Proxy Fight with AMBAC?
(DBN)

Puerto Rico's Bondholders Divided in Fight Over Federal Rescue
(DBN)

Hillary Clinton Calls Out Hedge Funds for Profiting Off Misery in Puerto Rico
(DBN)

Puerto Rico Debt Legislation: Where It Stands in Congress
(DBN)

Puerto Rico Debt Crises: Time is Running Out!
(DBN)

Puerto Rico bill to be reworked; Sanders calls for debt audit
(DBN)

Atlantic City takeover threat reopens residents' old wounds
(DBN)

Atlantic City rescue now hinges on Prieto accepting compromise
(DBN)

Are N.J.'s top lawmakers closer to an Atlantic City compromise?
(DBN)

Atlantic City mayor: Takeover makes 'no sense'
(DBN)

San Bernardino Bankruptcy Plan Would Shield Police From Claims
(DBN)

New Wormhole in Chicago’s Pension Black Hole
(DBN)

Debt payments sinking Detroit Public Schools: transition manager
(DBN)

Why the Great Divide Is Growing Between Affordable and Expensive U.S. Cities
(DBN)

____________

Oil/Gas:

Oil Rebalance Pain Falls To U.S. Shale Amid Saudi-Iran Rivalry
(DBN)

Mon. PM: Oil Prices Fall 5% in Asia After Doha Talks Fail to Bring Production Freeze Crude falls on Doha, but analysts expect rebound Oil Pares Drop as Kuwait Worker Strike Counteracts Doha Failure Oil market stumbles but recovers after OPEC impasse
(DBN)

A huge power struggle in Saudi Arabia threatens to dismantle an oil price recovery
(DBN)

US energy groups benefit amid volatility
(DBN)

Who Is To Blame For Doha's Failure?
(DBN)

Moody’s Ratings Downgrades Become Another Thorn in Oil Patch
(DBN)

Bankruptcy case shutting off flow of interest in distressed MLP deals
(DBN)

Gulf Stocks Hit on Concerns About Impact of No Oil Cap Deal Russia Says Saudi, Other Gulf Countries Added Last-Minute Demands at Doha Meeting
(DBN)

OPEC and Falling Oil Prices
(DBN)

'The pain is set to deepen' for most of OPEC's 13 members
(DBN)

Saudis want to inflict more pain on oil producers: Kilduff
(DBN)

Why the US and Saudi Arabia still need each other
(DBN)

Get ready for an epic post-Doha battle for oil market share
(DBN)

4 bankruptcies to know in Texas energy this week
(DBN)

Last Shot For Linn
(DBN)

Breitburn Energy Partners Reaches New 52-Week Low
(DBN)

Goodrich's bankruptcy deal mirrors those proposed recently by other struggling oil producers
(DBN)

Pacific Exploration reaches restructuring deal with Catalyst
(DBN)

Oil and markets: do ha, ha
(DBN)

Meet the 30-year-old titan emerging as the global oil market’s new top dog
(DBN)

____________

Food/Beverage:

Fairway working on bankruptcy deal to keep the struggling chain in business Fairway reportedly preparing to restructure in bankruptcy
(DBN)

Logan’s Roadhouse Skips Bond Interest Payment, Continues Talks with Noteholders
(DBN)

____________

Education:

Midwest Career College Abruptly Closes Doors, Files For Bankruptcy
(DBN)

____________

Tax:

IRS Clarifies That a Typical "Bad Boy Guarantee" Will Not Cause an Otherwise Nonrecourse Financing to Be Treated as Recourse
(DBN)

Eleventh Circuit Adds its Voice to Late-Filed Return Issue
(DBN)

____________

Pipelines:

SAWS: Banks Not Cooperating On Renegotiating Vista Ridge Loan
(DBN)

____________

Newspapers:

Can Newspapers Survive the Internet?
(DBN)

____________

Autos:

VW Cheating Code Words Said to Complicate Emissions Probe
(DBN)

____________

Electricity:

Hunt group says it can’t buy Oncor under the terms of last month’s PUC order, asks for rehearing
(DBN)

____________

Shipping:

Zhejiang Shipbuilding goes bankrupt
(DBN)

Hanjin Shipping faces risks of undergoing creditor-led conditional workout program
(DBN)

____________

Pharma:

Valeant is about to face some tough choices
(DBN)

____________

New Bankruptcy Opinions
(10 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (20 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (6 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)

______________

Mootness:

Ninth Circuit Rulings on Equitable Mootness in Transwest and Sunnyslope Impact Third Party Investors
(DBN)

____________

Insurance:

Please Buckle Your Seatbelts and Check Your D&O Insurance: A Gloomy Forecast Is Ahead
(DBN)

____________

Avoidance Actions:

Second Circuit Limits Creditors’ Ability to Claw Back LBO Payments
(DBN)

____________

Insurance:

Please Buckle Your Seatbelts and Check Your D&O Insurance: A Gloomy Forecast Is Ahead
(DBN)

____________

TBTF:

Kashkari lays out new reasons why nation's biggest banks pose risks to taxpayers
(DBN)

____________

Celebs:

Financial Reform Crusader Elizabeth Warren Gets The Comic Book Treatment
(DBN)

Teresa Giudice Update: ‘Real Housewives of New Jersey’ Star Gets No Love From Fans
(DBN)

____________

Travel:

Faster way to avoid long airport security lines
(DBN)

____________

Defaults:

Junk Bond Defaults Set To Reach Two-Year High – Fitch
(DBN)

____________

Pensions:

The Fight to Move PBGC Premiums Off-Budget Goes to Capitol Hill
(DBN)

____________

LBOs:

Apollo Said to Offer Exit to Loan Buyers Who Took LBO Gamble
(DBN)

____________

Healthcare:

GAO: VA Has Still Not Fixed Waiting Times for Veterans
(DBN)

Lawsuits Surge After Nonprofit Health System Outsources ER Services
(DBN)

____________

Sovereigns:

Argentina finally returns to international bond market
(DBN)

Argentina Planning $15 Billion Bond Sale in Market Return Argentina's massive bond set to price Tuesday Argentina wows market with first bond in 15 years Argentina's return to markets oversubscribed
(DBN)

Mediator: Nixing court orders speeded Argentina settlements
(DBN)

'Argentina is back'
(DBN)

____________

UK:

Brexit Would Lead to 6% Drop in U.K. GDP, Government Warns
(DBN)

U.K. Will Be ‘Permanently Poorer’ If It Leaves E.U., Says Treasury Secretary
(DBN)

Britain 'set for bankruptcy amid £1.85 trillion of hidden debt'
(DBN)

Sky News got the CEO of collapsed $2.7 billion startup Powa to debate the future of the High Street
(DBN)

Brexit campaign rules hit law firm events and research
(DBN)

____________

PIIGS:

Italy's Atlas fund part of banking reforms: Officials Italy Bank Lifeline Buys Time as Atlas Fund Shows Herculean Task
(DBN)

Greece and its creditors eye a quick deal after a long delay Talks with creditors to resume but review up in the air Greece Creditors Push for More Austerity IMF Participation Crucial for Greece Deal, EU's Moscovici Says Creditors Return to Greece Bringing Measures Worth €8 Bln
(DBN)

Bank of Ireland facing significant haircut on Keenan loans
(DBN)

ie: Bankruptcy applications fall as PIAs surge; ISI
(DBN)

____________

Canada:

Supreme Court of Canada will not hear appeal of disputed $15-million D&O liability claim from Onex
(DBN)

____________

Austria:

Austria's FMA Said to Tell Heta Creditors to Write Down Debt
(DBN)

____________

China:

S&P Ratings warns over rising default risks at Chinese state-run companies
(DBN)

It's All Suddenly Going Wrong in China's $3 Trillion Bond Market
(DBN)

____________

Australia:

Arrium administrator and Morgan Stanley agree to work on $75 mln debt
(DBN)

Arrium creditors meeting sees businesses demand answers over outstanding payments
(DBN)

Another $200m needed to preserve Arrium
(DBN)

____________

Mexico:

Pemex Isn't Mexico's Only Debt Problem as States Owe $28 Billion
(DBN)

Arrium creditors , employees to meet at Whyalla
(DBN)

____________

India:

Debt-ridden US brewery firm paid Mallya Rs 1.7 crore as salary in 2015 Indian Court Orders Mallya's Arrest as Pressure Builds on Loans
(DBN)

____________

Russia:

Mechel signs debt restructuring deal with Sberbank
(DBN)

____________

Bahamas:

Baha Mar: Receivers ‘delusional’ if thinking Sarkis’s offer can be beaten
(DBN)

____________

Malaysia:

Malaysia's 1MDB at Risk of Default as Partner Ends Bond Support
(DBN)

1MDB expects bondholders to be paid amid dispute with partner
(DBN)

1MDB's Abu Dhabi Woes Put Restructure in Doubt, Moody's Says
(DBN)

____________

South Korea:

Gov't set to pick new industries for restructuring
(DBN)

____________

 


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