April 22, 2016

The Daily Bankruptcy News

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Law:

Now That There Aren’t As Many Law Students, Hiring Has Stabilized (NALP 2016)
(DBN)

Skadden Shines on SunEdison's Bankruptcy Outage
(DBN)

Women lawyers at Wall Street firms rarely promoted to partner, study finds
(DBN)

A&O and Freshfields auction work experience to highest bidder
(DBN)

Prince Knew Law Firms Just Wanted His ‘Extra Time’
(DBN)

Ex-Lawyer Who Lied to Lenders in Maxim Deal Gets Jail
(DBN)

What To Do When You’re The Only Female Lawyer In The Room
(DBN)

Jailed Hedge-Fund Manager Sues Lawyer Over `Rushed' Home Sale
(DBN)

Syracuse University online law program will try Socratic method
(DBN)

Law Partners - No time to be selling your house in the Hamptons, and other reasons to worry
(DBN)

For Law Firms, Diversity Is A Matter of Choice
(DBN)

How Two Men Started a Law Firm After a Trip to Fire Island
(DBN)

I’d Rather Be A Lawyer Than A Punk Rocker
(DBN)

Pro Se Filing Tells It Like It Is
(DBN)

Some Lessons Learned — The Hard Way — About In-House Hiring
(DBN)

Whining Millennials Or Structural Discrimination?
(DBN)

Lawgeex Free Contract Review Could Be A Gamechanger
(DBN)

Harvard Law Student Is Rude, Insufferable And Anti-Semitic
(DBN)

When can two lawyers from different firms divide a fee in a referral arrangement?
(DBN)

KEL law firm broke rules on bankruptcy fees, lawsuit alleges
(DBN)

Bankruptcy attorney suspended for theft, s----- misconduct
(DBN)

Here is the perfect way to end an email — and 27 sign-offs you should usually avoid
(DBN)

The head of TED says the best public speakers have one thing in common
(DBN)

There’s the Wage Gap. And Then There’s the Sleep Gap
(DBN)

There’s a reason it’s so hard to sleep in a new place
(DBN)

The real reason you’re not sleeping
(DBN)

FBI paid more than $1.3M to crack iPhone
(DBN)

Today’s Tech: Trial Technology In The Classroom And Courtroom
(DBN)

Typing on Glass
(DBN)

So, You Want To … Get the Best Mobile Email App
(DBN)

A high-school basketball star has been arrested and is accused of actually being 30 years old
(DBN)

Ex-DA is labeled a ‘s----- predator’ at news conference; defense lawyer complains of ‘smear tactic’
(DBN)

Suit claims ‘Love It or List It’ overcharged homeowners and did shoddy rehab work
(DBN)

The Growing Cost of North Carolina's HB2
(DBN)

There are only two countries on the planet that currently jail people for being too poor to pay the government for getting arrested
(DBN)

Firm sent opposing counsel a picture of a cat
(DBN)

Transaction Gone Bad: A Deal Lawyer Gets Sentenced To Prison
(DBN)

Ex-Barclays Analyst And Frontrunner For Worst Roommate Of Year Missed A Little Meeting In Manhattan Supreme Court
(DBN)

U.S. Supreme Court Rules Iran Must Pay 1983 American Bomb Victims
(DBN)

Homeland Security lawyer admits forging documents that could have led to Mexican man’s deportation
(DBN)

Ashley Madison plaintiffs cannot sue anonymously over hack, judge says
(DBN)

Michigan Court Rules That Man Cannot Be Charged With Driving Drunk In His Own Driveway
(DBN)

Rahm Emanuel Announces 'Immediate' Reforms to Chicago Police After Scathing Report
(DBN)

Man Swerves Car Into Fresh Concrete And Then Things Got Even Worse . . .
(DBN)

Lawyer accused of surreptitiously buying client’s property is hired as city attorney
(DBN)

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Judges:

Obit: Dean Gandy, 89, ex-Dallas bankruptcy judge who resigned to protest congressional inaction over court powers
(DBN)

What The New York Times and Alabama Chief Justice Roy Moore Agree On
(DBN)

SCOTUS: Blood Tests and Bad Lawyering
(DBN)

Defendant forced to repeat his facebook comment calling judge a "c---"
(DBN)

Pacer fees are too high, class action alleges
(DBN)

TX Gov blasts Roberts, calls U.S. Supreme Court a 'political body'
(DBN)

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Wall Street:

Stock indexes close lower as market snaps three-day rally
(DBN)

Regulators introduce new rules to curb Wall Street pay Wall Street Bonus Pay Restricted Under Regulators' Proposal Regulators Don't Want Bankers to Be Paid for Taking Risk
(DBN)

U.S. Money Managers Avoid Brunt of Dodd-Frank Bonus Crackdown
(DBN)

Lazard's Revenue Declines in Quarter
(DBN)

Why American equities are close to a record high
(DBN)

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Layoffs:

Schlumberger cuts 2,000 more jobs
(DBN)

Lockheed Martin to let go roughly 200 more IT workers
(DBN)

Gulf Island warns of 227 possible layoffs
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Corporate Reform:

Elizabeth Warren wants to know why disgraced hedge fund manager allowed back into banking Warren Criticizes SEC for Allowing Steven Cohen’s Return to Hedge Funds Steve Cohen's New Firm Says It Won't Seek Investments Until 2018
(DBN)

Elizabeth Warren questions SEC's ability to protect investors
(DBN)

Why the S.E.C. Didn’t Hit Goldman Sachs Harder
(DBN)

CFPB likely to seek curbs on bank account access by payday lenders
(DBN)

____________

Politics:

Top Aide Says Trump’s Attacks on Delegate Process ‘Misunderstood’ Let’s Get This Straight About the Convention Donald Trump Plans to Adopt More-Traditional Campaign Tactics Meet the “new” Donald Trump: He’s reinventing his campaign — and that should terrify the Republican Party Donald Trump is acting presidential! But there are two problems. 'Pure political correctness': Donald Trump criticizes decision to put Harriet Tubman on $20 bill Melania Trump reveals what habit she wishes Donald would give up Donald Trump’s Path 'I'm not going to blow it' Trump Wave Builds in Steel Town Forsaken by World Economy Trump Is Getting Great People (for the Wrong Side) Business: The Trump Way
(DBN)

Anyone who wants to be president needs to understand these 5 maps
(DBN)

How Superdelegates Will Help Put Clinton Over the Top Report: 82 corporations that paid for Hillary Clinton speeches have actively sought to sway the government Hillary Clinton's Short List for Vice President Will Include Women, Speculation About Warren
(DBN)

Ted Cruz hammers Donald Trump over comments on North Carolina's 'bathroom law' Donald Trump and the Art of the Transgender Bathroom Deal Ted Cruz just released a bizarre attack ad featuring a terrifying Hillary Clinton impersonator
(DBN)

John Kasich says DC residents can't vote because they vote for Democrats Strange: The John Kasich Interview
(DBN)

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Healthcare:

New Jersey Abortion Clinic Files for Bankruptcy
(DBN)

Get Ready for Huge Obamacare Premium Hikes in 2017
(DBN)

Florida Cardiologist in Medicare Case Files for Bankruptcy
(DBN)

____________

Gambling:

Casino Union Asks Caesars to Block Apollo, TPG Votes
(DBN)

Las Vegas Sands is getting slaughtered
(DBN)

____________

Pharma:

Valeant Stock: The Firm Has "No Real Value" and Will Go Bankrupt
(DBN)

Valeant Reportedly Wants This Guy as its New CEO
(DBN)

____________

Software:

Microsoft's Profits Fall by 25%
(DBN)

____________


Economy:

U.S. Jobless Claims Unexpectedly Drop to Lowest Level Since 1973 Weekly Initial Unemployment Claims decrease to 247,000 Jobless Claims Point to Big April Jobs Growth
(DBN)

Mid-Atlantic Manufacturing Falls Back into Contraction Philly Fed Manufacturing Survey showed Slight Contraction in April
(DBN)

These 4 charts have global slowdown written all over them
(DBN)

Earnings recession or economic recession: which one of these indicators is lying?
(DBN)

On the U.S. economy, is the glass half full, or half empty?
(DBN)

Not All Money Troubles Are Created Equal
(DBN)

Chicago Fed: "Index shows economic growth below average in March"
(DBN)

Economy Remains Stuck in Mud
(DBN)

Philly Fed: State Coincident Indexes increased in 41 states in March
(DBN)

More ugly news about the global economy
(DBN)

Uber Drivers' $100 Million Deal May Set Pace for Gig Economy
(DBN)

If you have no idea who Harriet Tubman is, you're not alone As the $20 bill gets a new face, Andrew Jackson's sins are recalled 8 amazing facts about Harriet Tubman Greta: Put Harriet Tubman on a New $25 Bill The US is finally putting a woman on the $20 bill — but 48 other countries beat us to it The conservative meltdown over the Harriet Tubman $20 bill Jackson Never Wanted to Be on the $20 Bill Anyway Treasury says Andrew Jackson going to back of $20 bill not getting kicked off it
(DBN)

Suicides in the U.S. Climb After Years of Declines
(DBN)

“Boom Bust Boom” chastises economists, with some help from songs and puppets
(DBN)

US Debt Clock
(DBN

World Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

Ninth Circuit: Affordable Housing Restrictions Do Not Limit Value of Secured Claim in Bankruptcy Cram Down
(DBN)

Fixed mortgage rates hold steady, hovering at three-year lows
(DBN)

Mortgage delinquency rate proves housing market is healing
(DBN)

Home Prices Are Not Rising Much FHFA Home Price Index Rises 0.4% in February
(DBN)

Home prices see highest increase since 2007
(DBN)

America's Wealth Effect From Rising Home Prices Has Been Cut in Half
(DBN)

California home sales slowed way down in March
(DBN)

Discouraged in your home search? You aren't alone
(DBN)

Retailers Bolt Older Malls for Fancier Digs
(DBN)

Greater Des Moines developer Stanbrough, now in Florida, claims he's bankrupt
(DBN)

____________

Municipalities:

U.S. House speaker cites progress on Puerto Rico debt bill
(DBN)

Top US House Democrat: Hopeful action on Puerto Rico bill comes next week
(DBN)

Congress Caught in the Middle on Puerto Rico
(DBN)

Congress' Plan For Puerto Rico Restructuring Is Bad For Bondholders, Muni Market
(DBN)

Puerto Rican Filmmaker's Tribeca Screening Shows Island's Grit
(DBN)

Once-broke California county to offer muni bonds
(DBN)

Boardwalk Bankruptcy
(DBN)

Atlantic City water utility cut to junk on restructuring concern
(DBN)

____________

Alternative Energy:

Wall Street's nightmare stock just filed for bankruptcy SunEdison Files for Chapter 11 Bankruptcy Protection SunEdison files for Chapter 11 bankruptcy SunEdison Files for Bankruptcy , What's Next? SunEdison files for bankruptcy protection: Report SunEdison Files for Bankruptcy After Acquisition Binge SEIA Statement on SunEdison Bankruptcy Filing
(DBN)

Petition First Day Dec
(DBN)

SunEdison Files For Bankruptcy Testing Billionaire David Tepper's TerraForm Power Trade David Tepper Profits on TerraForm Stake After SunEdison Bankruptcy
(DBN)

SunEdison yieldcos say they’ll be OK after parent company’s bankruptcy
(DBN)

SunEdison Bankruptcy Winners And Losers
(DBN)

SunEdison Collapse Leaves Renewable Energy Developers Unfazed
(DBN)

Hedge Funds Biggest Losers in SunEdison's 'Magic Money Machine'
(DBN)

SunEdison's Epic Failure Had Little to Do With Clean Energy
(DBN)

Bankrupt SunEdison sticks to India growth plans - Asia head SunEdison Seeking Equity Partners for Operations in India
(DBN)

SunEdison bankruptcy makes its Texas solar growth more foggy
(DBN)

SunEdison seeks examiner to probe recent transactions The Motion
(DBN)

Renewable energy has bad managers too
(DBN)

____________

Personal Finance:

How to stop arguing about money with your spouse
(DBN)

27 signs you don't need to worry about money
(DBN)

____________

Oil/Gas:

Russia, Saudis to pump as much as possible: IEA
(DBN)

Fri: Oil rises on signs of slowing production
(DBN)

Thurs.: Oil Prices Drop in Volatile Trade Oil steadies after supply data triggers spike to five-month highs
(DBN)

OPEC secretary-general says cartel may discuss oil freeze at June meeting
(DBN)

Why Are Bankrupt Oil Companies Still Pumping?
(DBN)

Third Great Oil Bust: This Time It's Different
(DBN)

Moody’s: Banks could cut driller credit by 15 percent
(DBN)

New Gulf Wins Approval of Chapter 11 Plan
(DBN)

As Oil Jobs Dry Up, Workers Turn to Solar Sector
(DBN)

Schlumberger Cuts 2,000 More Jobs in Full-Scale Industry Crisis
(DBN)

Can CorEnergy's Rent Roll Survive Energy XXI's Bankruptcy?
(DBN)

Mid-States Supply bought by Staple Street in bankruptcy court sale
(DBN)

?HII Technologies' Chapter 11 reorganization plan approved
(DBN)

$91 Billion In Capex Cuts, A Serious Hangover For Oil
(DBN)

Schlumberger Q1 Tops, But Industry 'Deteriorating'
(DBN)

Does Freeport-McMoran's Oil and Gas Restructuring Finally Signal The Bottom For Oil Prices?
(DBN)

Oil Majors Lose Faith In The North Sea – 100 Shut Downs Looming
(DBN)

____________

Compensation:

Executive pay has crashed, and now things are getting worse
(DBN)

____________

Pensions:

One of the nation's largest pension funds could soon cut benefits
(DBN)

____________

Shipping:

Former Portland ferry operator files bankruptcy, owes city $62K Some Maine businesses don't expect to be paid in Nova Star bankruptcy
(DBN)

Gov't Presses Hyundai Merchant Marine to Exert Last-Minute Efforts to Avoid Bankruptcy
(DBN)

Foreigners cut their holdings of Hyundai Merchant bonds
(DBN)

Hyundai Merchant Marine to Become KDB's Subsidiary
(DBN)

Hanjin Group Chairman to cede control over Hanjin Shipping to creditors Hanjin Shipping files for receivership Hanjin Shipping Seeks Debt Revamp as Cash Dwindles on Slump
(DBN)

____________

Transit:

California mass transit cracks down on 'manspreaders'
(DBN)

____________

Financial Advisors:

Despite parent's bankruptcy , Cetera recruits $200 million team
(DBN)

____________

Tech:

Jumio to Proceed on Schedule with Sale Process
(DBN)

____________

Printing:

Cenveo first and second lien holders hire lawyers; asset sale proceeds under scrutiny
(DBN)

____________

Food/Beverage:

TravelCenters of America acquires Quaker Steak & Lube
(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 (49 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (3 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:

Debt Structure When Bankruptcy Law Offers Incentives to Restructure
(DBN)

______________

Discharge:

Too Little, Too Late: Ninth Circuit Holds Confirmation Objection Insufficient to Revive Untimely Complaint Objecting to Dischargeability of Debt
(DBN)

____________

Personal Bankruptcy:

Sale to Vulture Fails Business Judgment Test
(DBN)

____________

Mediation:

Don’t Let This Happen to You: Milwaukee Archdiocese Bankruptcy – Part One, The Mediations
(DBN)

____________

TBTF:

FDIC chief: Megabank failure would not mean crisis
(DBN)

____________

Avoidance Actions:

Seventh Circuit Finds Tax Sale Avoidable
(DBN)

____________

Retailing:

Aeropostale Said to Prepare Bankruptcy Filing as Soon as This Month Aeropostale shares plunge amid bankruptcy fears
(DBN)

Why some sporting goods retailers struggle in a tough market
(DBN)

Spate Of Bankruptcies Raises Question: What's Wrong With The Sporting Goods Business?
(DBN)

The quick success and slow decline of an icon
(DBN)

End of the game for Sport Chalet
(DBN)

Sears to close 68 Kmart, 10 Sears stores this summer Sears to close another 78 stores, 5 percent of total
(DBN)

____________

Autos:

Volkswagen Reaches Deal with U.S. Authorities Over Diesel Emissions Scandal Volkswagen reaches 'substantial' settlement to buy back, repair cars Volkswagen takes 'step on the road to making things right' with DOJ deal VW has struck a deal over its emissions-cheating scandal, and it could cost over $10 billion Volkswagen's Redemption Tour VW Satisfies Government With Diesel Buyback Plan, What About VW Car Owners? Volkswagen Owners Ponder Next Move After Company’s Diesel Emissions Deal Hubris Made Volkswagen Settle With the U.S.
(DBN)

Mitsubishi Motors Admits Fuel Efficiency Manipulation Mitsubishi scandal deepens after US regulator demands test data
(DBN)

GM’s Profit More Than Doubles Soaring Profits, No Wall Street Love
(DBN)

____________

Art:

LA Dealer Douglas Chrismas's Bankruptcy
(DBN)

____________

Hollywood:

Netflix Attempt to End Relativity Deal Dismissed in Bankruptcy Court
(DBN)

____________

Resorts:

A federal judge is demanding jailed former billionaire Tim Blixseth reveal what happened to hundreds of millions of dollars he diverted from a luxury Montana resort
(DBN)

____________

Education:

$20 Billion In Tax Credits For College Fails To Increase College Attendance
(DBN)

____________

Fraud:

How Enron Used Accounting for Prepaid Swaps to Delay its Bankruptcy for a Decade: The Untold Story
(DBN)

The journalists behind the 'Panama Papers' have no interest in cooperating with the US government
(DBN)

____________

Celebs:

Louis C.K. says he's 'so not broke' after revealing he has millions in debt
(DBN)

ESPN fires Curt Schilling for anti-trans Facebook post
(DBN)

The Legal Battle Over Prince’s Name Prince hated contract law so much he once changed his name to an unpronounceable symbol
(DBN)

Judge wants jailed tycoon to reveal fate of diverted cash
(DBN)

____________

Distressed Investing:

There's no stopping the US junk bond train — for now
(DBN)

____________

Sovereigns:

Argentina bond prices rally strongly in blockbuster return
(DBN)

Banks get higher fees in bond deal
(DBN)

Argentine Bonds Are Still Junk...But for How Long?
(DBN)

Mozambique Bondholders Organize, Seek Legal Advice
(DBN)

Greece's Secret Debt Evoked in Mozambique $1 Billion Hole
(DBN)

Memo to Regulators: Sovereign Debt Can Be Risky
(DBN)

____________

UK:

Banks are 'duping customers over their mortgage debts' - insolvency expert
(DBN)

British monarchy valued at $84 billion
(DBN)

Probability of Brexit Drops to 20% as Polls Move Against `Leave'
(DBN)

Scotland: One of nation's richest men is bankrupt with debts at £2m‏
(DBN)

Why the U.S. Doesn't Want Britain to Secede
(DBN)

____________

EU:

Draghi: Helicopter money isn't coming any time soon
(DBN)

____________

PIIGS:

Insolvency figures show 10% increase in failing businesses
(DBN)

Greek talks with lenders fraught as fears grow of default IMF to Scrutinize Greece’s 2015 Deficit Data Contingency Measures Add Hurdles on Greece-Creditors Agreement Greek government agrees in principle with creditors on pension reform Greece Eyes Path to Lifeline as Fiscal Resurrection in Doubt
(DBN)

____________

Canada:

Nova Scotia claim against bankrupt D'Eon Fisheries gets new life
(DBN)

Downgrades surge amid commodities rout
(DBN)

____________

India:

Mallya Offers $240 Million to Indian Court as Intent to Pay Debt Broke Vijay Mallya owns 3 condos in New York's Trump tower
(DBN)

Chances of bankruptcy law passage brighten
(DBN)

____________

China:

George Soros says China looks 'eerily' like the US in the run up to the financial crisis
(DBN)

Asian banks' bad debt pile highest since global financial crisis
(DBN)

____________

Brazil:

Brazil's OAS creditors to take over Invepar stake
(DBN)

Brazil: The Darkest Hour
(DBN)

____________

Australia:

Queensland Nickel to be wound up after creditors vote Queensland Nickel liquidators pursue $300m from Clive Palmer's companies Closed Palmer refinery 'needs millions'
(DBN)

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Copyright 2016