April 20, 2016

The Daily Bankruptcy News

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Law:

CA To $190K!? Which Firm Raised First-Year Salaries?
(DBN)

3 Phrases Associates Should Avoid
(DBN)

Jones Day Doubles Down On Donald Trump
(DBN)

A Biglaw Associate’s Big Supreme Court Victory
(DBN)

What a Man! He's Taking Paternity Leave!
(DBN)

A Message For Lawyers & Law Students: Don’t Do Drama
(DBN)

Kilpatrick Transforms Library Into Modern Collaboration Hub - With Latte
(DBN)

Litigation Funding Race Escalates as Burford Hits $1B
(DBN)

Am Law Echoes: A Look at Rankings Past and Present
(DBN)

Why The ‘When In Doubt, Print it Out’ Philosophy Is Trouble For Lawyers
(DBN)

Are Law Schools Just Liberal Indoctrination Factories?
(DBN)

Pepper Hamilton cuts Freeh loose ahead of merger
(DBN)

I’ve Almost Finished Law School, and I’d Encourage More to Attend
(DBN)

JDs Can Become Entrepreneurs - Richard Nacht, JD & Serial Entrepreneur, Explains How He Did It
(DBN)

Two Different Portraits of Convicted Ex-Bryan Cave Lawyer
(DBN)

ABA Section of Legal Ed considers complaint over BYU Law’s expulsion of ex-Mormons
(DBN)

Harvard Law students campaign for free tuition
(DBN)

University Of Texas Law School Reallocates Tenured And Adjunct Faculty, Suspends Supreme Court Clinic
(DBN)

Law School Dean Completes Boston Marathon 8 Months Pregnant
(DBN)

9-lawyer group exits Carlton Fields for Duane Morris
(DBN)

The CLOC is ticking: Will lawyers embrace operational excellence?
(DBN)

There's an Explosion of Legal Startups
(DBN)

Apple quietly upgraded a crucial piece of the MacBook Air
(DBN)

Technology For Lawyers: Are You A Technology Dinosaur Or A Legal Techie?
(DBN)

Word for iOS updates -- Draw on an iPad, contextual commands on an iPhone
(DBN)

Apple Complies with Most US Data Demands
(DBN)

Sophisticated Thieves Posing As Drivers Stealing Truckloads Of Walnuts.. Suspects Hack Into Farms' Computers To Generate Delivery Paperwork
(DBN)

Above the Law Revue 2016: Dishonorable Mentions
(DBN)

Idris Elba’s Attorney Ex-Wife Speaks About Her Broken Heart
(DBN)

Transgender teen may sue over school’s restroom restriction, 4th Circuit says
(DBN)

Guy Tries To Marry His Computer — AGAIN — As Stupid Anti-Marriage Equality Protest
(DBN)

Off-duty time with Legal Eagles recreational hockey team set lawyer on path to become an NHL coach
(DBN)

Man serving 20-year term in drug case gets concurrent time in lawyer’s death
(DBN)

Georgia KKK imperial wizard killed after shooting at police during eight-hour standoff
(DBN)

Polygamy Is Constitutional. Here's Why.
(DBN)

A couple who got their home renovated on HGTV is suing, claiming shoddy work
(DBN)

Sandy Hook Judge Sets Trial Against AR-15 Maker Bushmaster
(DBN)

Ohio man shoots up own home with AK-47 after imagining a burglar
(DBN)

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Judges:

Bankruptcy Judge Fagone Appointed to 1st Cir. BAP
(DBN)

Circuit Seeks Comments On Reappointment Of 3 ED MI Bankruptcy Judges
(DBN)

Miami judge drops F-bomb on waiter, appears drunk on bench
(DBN)

Impaired judge ordered home from court could not remember her address, investigative report says
(DBN)

Grassley Blames Everyone but Himself
(DBN)

Donald Trump's presence is being felt in the biggest Supreme Court case of the year
(DBN)

Judge offers to pay girl's fine who stabbed pedophile who abused her
(DBN)

On Immigration, the Supreme Court Sounds Like Congress
(DBN)

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Wall Street:

Stocks stall as oil slips and dollar firms
(DBN)

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

Stocks close mostly higher, but tech companies lag
(DBN)

Goldman Sachs whiffs, profit crashes 60% Gundlach: If Trump wins the Republican nomination, he'll win the White House
(DBN)

The Murky Goldman Unit Where Revenue Fell 95%
(DBN)

Goldman Shows the Big Problem for Banks: Revenue
(DBN)

Goldman Sets Its Sights on the 99%
(DBN)

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Layoffs:

Intel axes 12,000 jobs as it seeks to break away from PCs
(DBN)

Wright Career College bankruptcy costs 200 jobs
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Politics:

New York Primary Results: Clinton and Trump Post Strong Wins Trump and Clinton Gain More Than Delegates
(DBN)

Three failed deals show how Donald Trump's NYC footprint shrank over the years Donald Trump goes to war with the RNC Mitt Romney: Trump will win the nomination if Cruz and Kasich stay in the race Gundlach: If Trump wins the Republican nomination, he'll win the White House Donald Trump's home state might ultimately be his political graveyard New York City’s island of forgotten Republicans has finally found its voice The Internet may never let Donald Trump forget his 9-11 gaffe Trump's Ace in the Hole
(DBN)

Unpopularity Contest: Poll Shows Grim Outlook for 2016 Winner
(DBN)

Can We Please Stop Making This One Stupid Argument About Hillary Clinton’s Candidacy?
(DBN)

FactCheck: Bernie's Voter Turnout Claims
(DBN)

Florida Congressional Candidate Penned Gross Song(?) About B------ a Very Drunk Woman
(DBN)

Ted Cruz’s Yiddish ad tells New York Jews he is God’s chosen candidate GOP Rep. Peter King: I Hate Ted Cruz Cruz Loses to Ben Carson 'I'm getting sick of it': Sean Hannity blows up at Ted Cruz
(DBN)

The Appeal of Sanders and Trump in One Chart
(DBN)

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Weather:

Houston faces catastrophic losses after floods
(DBN)

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Electricity:

Hunt group asks for re-hearing on Oncor bid Hunt group seeks PUC do-over on $18B Oncor acquisition
(DBN)

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Food/Beverage:

Restaurant quarterly earnings: ‘It’s going to be choppy’
(DBN)

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Gambling:

Caesars Entertainment rolls dice on plan mediation – and loses
(DBN)

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Directories:

Phone Book Publisher Dex Media Preparing to File for Bankruptcy Nears third bankruptcy in seven years
(DBN)

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Tax:

Warren's Bill Would Make Taxes Less Awful
(DBN)

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Distressed Investing:

With Market Rebound, High Yield Bonds Return to ‘Extreme Overvaluation’ Status
(DBN)

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Steel:

Losing strength: US steel industry analysis
(DBN)

____________


Economy:

As Fed goes silent, so too go chances of April rate hike
(DBN)

Most tax ‘freeloaders’ are actually overtaxed
(DBN)

Negative Rates Have Overstayed Their Welcome, Here's Why Negative Interest Rates Confront Growing Chorus of CEO Critics
(DBN)

How the world's most important assets have performed in 2016
(DBN)

The one group unions don’t want getting a minimum wage in California? Union workers
(DBN)

People over 40 are way more productive when they work part-time
(DBN)

Early retirement might be in your future
(DBN)

Why Don’t Americans Save More Money?
(DBN)

The Secret Shame of Middle Class Americans
(DBN)

There's no evidence that low prices are boosting the world economy
(DBN)

US Debt Clock
(DBN

World Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Terminating a Distressed Tenant’s Lease?
(DBN)

Condominium Associations in New Jersey Score Big Win Protecting Pre-Petition Liens in Consumer Bankruptcy Cases
(DBN)

MBA: "Mortgage Applications Increase in Latest MBA Weekly Survey"
(DBN)

Preliminary Table of Distressed Sales and All Cash Sales for Selected Cities in March
(DBN)

Housing starts and building permits miss big Housing starts are in, and economy experts couldn't disagree more Housing Starts decreased to 1.089 Million Annual Rate in March
(DBN)

Fannie, Freddie Shareholder Lawsuit Looks Less Good When You Read The Law
(DBN)

Investors take bullish attitude to US real estate market
(DBN)

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Municipalities:

San Bernardino Proposes Shielding City from Damages in Police Misconduct Cases
(DBN)

What if the City of Chicago Files Bankruptcy?
(DBN)

In Illinois, Some Push Bankruptcy As Solution To Troubled Public Budgets
(DBN)

Atlantic City sues N.J. for $33.5 million in aid Christie vetoed
(DBN)

Senator Hatch raps House's Puerto Rico debt bill
(DBN)

Don’t Penalize Poor, Retired Puerto Ricans
(DBN)

Report: Officials to Face Criminal Charges Over Flint Water Crisis
(DBN)

Collins-Maxwell SD must make cuts to avoid bankruptcy
(DBN)

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Oil/Gas:

There Are No Unencumbered Assets in Texas
(DBN)

What Can Oil Pipelines Do as Shipper Bankruptcy Risk Increases?
(DBN)

Weds.: Oil is getting pounded
(DBN)

OPEC to resume talks on production freeze
(DBN)

Angst mounts as oil & gas uncertainty climbs
(DBN)

Chesapeake's Shale Fracking Spinoff Plans to File Bankruptcy
(DBN)

Hydrocarb Energy Corporation Files For Bankruptcy in Houston, Texas
(DBN)

US oil drillers seek limits on crude imports
(DBN)

One in four energy companies 'not prepared' for mounting legal risks, survey finds
(DBN)

Tues.: Oil Prices Regain Ground After Failed Doha Production-Freeze Talks Oil Back On Track As Markets Dismiss Doha
(DBN)

Seventy Seven Energy Plans to File for Bankruptcy
(DBN)

Linn Energy: Extension in Exchange Offer Deadline
(DBN)

This is how much more oil the US uses per person than China and India
(DBN)

Comerica Profit Hit Hard by Energy-Loan Weakness
(DBN)

OK, Now OPEC Is Officially Dead
(DBN)

What Twitter, Tesla Have In Common With Peabody And Energy XXI
(DBN)

Moody's downgrades Stallion Oilfield Holdings to Caa3; negative outlook
(DBN)

Who really controls oil (Hint: Not USA)
(DBN)

A bust hits Louisiana Oil Patch as rest of nation enjoys cheap gas
(DBN)

Saudi Arabia takes out $10bn in bank loans
(DBN)

Seventy Seven Energy to file for bankruptcy amid oil slump
(DBN)

Colombian Oil Producer Pacific Falls From Grace
(DBN)

Tulsa's Sheehan Pipe Line files for Chapter 11 bankruptcy
(DBN)

____________

Alternative Energy:

Why SunEdison Could Pull Its Yieldcos Into Bankruptcy
(DBN)

SunEdison May Be More Dead Than Alive
(DBN)

____________

Travel:

The worst seat on the plane is getting more difficult to avoid
(DBN)

____________

Retailing:

Why Are So Many Sporting Goods Stores Going Bankrupt?
(DBN)

Aeropostale Said to Bring In Advisers to Handle Strategic Review
(DBN)

____________

Fraud:

U.S. SEC sets penalties in two corporate fraud cases
(DBN)

Judge approves plan to give $172M to Petters' Ponzi scheme victims
(DBN)

____________

Debt Swaps:

Sorry Mom and Pop, No Distressed-Debt Recovery for You
(DBN)

____________

Tech:

Tech Startup PopExpert Files for Bankruptcy to Look for Buyers
(DBN)

The Price of Total Failure: $137M for the CEO
(DBN)

____________

Autos:

VW Owners Seek Trial If There's No Fix in Emissions Case VW Case Gives Judge the Role of a Lifetime
(DBN)

VW Diesel Scandal Dates Back to 1999 VW Diesel Scandal Pointed at Audi Engineers
(DBN)

Poised To Fail: Fiat Chrysler's biggest problem
(DBN)

____________

Healthcare:

A Big ObamaCare Exit
(DBN)

America's most vulnerable residents have made the biggest gains under Obamacare
(DBN)

____________

Aviation:

Berger Singerman Guides Cargo Airline From Bankruptcy to Sale
(DBN)

____________

Telecoms:

Thoughts on Nortel
(DBN)

____________

Celebs:

Clinton Portis Close To Being Evicted
(DBN)

____________

Student Debt:

Were your student loans discharged? This is what it means for your taxes
(DBN)

____________

 


New Bankruptcy Opinions
(4 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (10 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (4 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)

______________

Bankruptcy Statistics:

Triple negative – making sense of the current wave of corporate restructurings
(DBN)

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Bankruptcy Remoteness:

Bankruptcy Court Chips Away at Bankruptcy Remoteness of Special Purpose Vehicles
(DBN)

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Anti-Bankruptcy Clauses:

Illinois Bankruptcy Court Nullifies Lender's Right To Block Debtor's Bankruptcy Filing
(DBN)

____________

UCC:

"When Worlds Collide: Article 2 of The Uniform Commercial Code and Chapter 11"
(DBN)

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Exemptions:

Law proposal would protect $5,000 worth of firearms in bankruptcy proceedings
(DBN)

____________

Plan Confirmation:

Improper Calculation of Postpetition Interest Leads to Reversal of a Confirmation Order
(DBN)

____________

SCOTUS:

Cert Denied in FDCPA/PoC Case
(DBN)

____________

TBTF:

Guess What? Europe Fixed Its Too-Big-to-Fail Problem - Why hasn't America?
(DBN)

____________

Education:

Colleges Continue to Return Tuition Money in Bankruptcy Fights
(DBN)

Can the Next President Actually Save Public Universities?
(DBN)

____________

Coal:

Even in bankruptcy, Peabody draws coal protesters
(DBN)

These striking numbers show just how fast we’re switching off coal
(DBN)

The Political Death of American Coal
(DBN)

Peabody Energy Bonds Have Doubled Since Declaring Bankruptcy
(DBN)

Coal's demise threatens Appalachian miners, companies as production moves West
(DBN)

Coal tax pitched as good for Illinois' dwindling coffers
(DBN)

____________

Distressed Investing:

GSO Capital Hires Flannery For Distressed Investing Role
(DBN)

TCW Hires TPG's Purdy for Distressed Debt in Credit-Cycle Shift
(DBN)

____________

Amusement Parks:

Bankruptcy judge approves Conneaut Lake Park's land sale
(DBN)

____________

Sovereigns:

In the win column for Duane Morris lawyer: Argentine bond case
(DBN)

Holdouts to be paid first from new Argentina bond Argentina's New Bonds Gain in Early Trading Amid Jumbo Sale Argentina returns to international markets with $16bn debt sale 5 Things About Argentina's Record Bond Offering Argentina says sovereign bond had more than $60 bln in demand Gov’t cashes in as markets grab bonds
(DBN)

Holdouts to be paid US$9.3B as early as Friday
(DBN)

Argentina Bond Sale Just Too Good to Pass Up, Defaults Be Damned
(DBN)

Argentine Frigate to Set Sail as `Vulture' Conflict Concludes
(DBN)

The clause that wouldn't die
(DBN)

Argentina Opens Junk Bond Spree as Emerging Issuers Line Up
(DBN)

____________

UK:

Clifford Chance insolvency co-head leaves London for local firm
(DBN)

Will ‘Brexit’ Make Britain Poorer?
(DBN)

Lawyers will be worse off if Britain leaves EU, warns Treasury
(DBN)

Fact, Fiction and Brexit: Truth-Squadding the Arguments
(DBN)

Germans fear Brexit would be the beginning of the unraveling of Europe
(DBN)

Bond guru Jeff Gundlach says ‘Brexit’ won’t happen, but Twitter disagrees
(DBN)

Northern and Scottish towns lead insolvencies recovery
(DBN)

____________

EU:

How the financial crisis made Europe stronger
(DBN)

____________

PIIGS:

The Next Greek Crisis is Coming
(DBN)

Italy Hardens Resistance to Bank State-Bond Limits Before Talks Italy’s Atlante bank fund shoulders big burden Italy Bank-Rescue Fund Not Ready to Back Pop. Vicenza IPO
(DBN)

Italy's Bank Fund Shows Portugal a Path It May Struggle to Take
(DBN)

____________

Canada:

Nova Star Cruises files for bankruptcy over failed Yarmouth ferry
(DBN)

____________

Brazil:

Brazil’s wealthy are fleeing the country
(DBN)

Rio Warns of Fiscal Collapse as Brazil States Seek Debt Relief
(DBN)

Brazil Goes Easy on Wealthy Tax Dodgers to Help Plug Budget Gap
(DBN)

____________

India:

Bankruptcy law will help develop bond market: RBI
(DBN)

Bankruptcy Law in Next Few Weeks: FM
(DBN)

Execution will be key to bankruptcy law's success
(DBN)

Corporate debt worth $178 billion at default risk: BNP Paribas
(DBN)

____________

Australia:

Will Slater & Gordon Limited agree debt to equity swap with banks?
(DBN)

Lawyers who sold to Slater & Gordon nurse paper losses
(DBN)

Arrium's secret meetings three weeks before plug pulled
(DBN)

____________

Bahamas:

Bahamas government under attack for “delusional” handling of Chinese mega resort
(DBN)

____________

Russia:

Russian stocks rise after Dutch court Yukos decision Yukos shareholders say they will appeal "surprise" Dutch ruling
(DBN)

____________

China:

Bursting China’s Credit Bubble
(DBN)

China's economy is heading towards a train wreck
(DBN)

____________

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