April 27, 2016

The Daily Bankruptcy News

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3-Column Formating

 

Law:

The 2016 Am Law 100: Trouble Ahead? Growth Slowing Even at Elite Law Firms
(DBN)

Bryan Cave Adds Bankruptcy Partner
(DBN)

Dentons Still Chasing $2 Million from Former McKenna Partners
(DBN)

Does Dentons’ verein structure shield it from conflict claim? Malpractice suit says the answer is no
(DBN)

GC Wants ‘Cult’ Devotion from Outside Counsel
(DBN)

NW: A Long-Neglected Market Gets A Raise
(DBN)

New York’s February Bar Exam Results Reveal Worst Pass Rates In More Than A Decade
(DBN)

Feds Charge Former Conn. Bankruptcy Attorney With Embezzlement
(DBN)

Law Firms Saw Slowest Revenue Growth Since Recession
(DBN)

More Law Firms Take Aim at Associate Student Loan Debt
(DBN)

Hit With Defections, K&L Gates Stays the Course
(DBN)

California Biglaw King John Quinn Says Firm Will Surf Out Its PPP Problems, Man
(DBN)

Beyond Biglaw: Freedom From Financial Obsession
(DBN)

Ex-Squire Patton Boggs associate reveals 'blatant' gender discrimination and sexual harassment in explosive Reddit Q&A
(DBN)

3 Online Tools Making It Easier To Leave Biglaw And Start Your Own Practice
(DBN)

Your Nightmare Recommendation Letter From A Law Professor
(DBN)

How Newly Announced Acrobat Features Will Help Us Be Efficient
(DBN)

Two BigLaw partners writing on firm stationery are among four lawyers supporting Hastert
(DBN)

Touches weren’t s-----, says Berkeley law prof facing second disciplinary process
(DBN)

Are law school applications rising? So far applicant pool is larger and stronger, law prof says
(DBN)

Law firm to pay $1M to settle CFPB action over debt-collection practices
(DBN)

The Art Of Playing Dumb
(DBN)

Amal Clooney takes aim at Donald Trump
(DBN)

Here’s the Memory Trick That Science Says Works
(DBN)

California bill would allow judges to fine jurors for online misdeeds
(DBN)

Prince's death could lead to 'messy litigation' says lawyer
(DBN)

Lawyer Who Threatened Over Soup Backs Down Lawyer Sent Demand Letter Over $2.25 Bowl Of Soup — And He Was Right To Do It
(DBN)

Woman sues sperm bank over donor mix-up
(DBN)

Colorado Supreme Court declines to hear gay wedding cake case
(DBN)

Police Chief Admits "Errors Were Made" After Arrest of 10 Elementary School Students
(DBN)

Use the Tamir Rice Money to Teach Kids Not to Get Killed by Us, Cleveland Police Union Says
(DBN)

Mother Faces Child Welfare Inspection and Questioning After Allowing Her Children To Play Alone In Their Fenced-In Backyard
(DBN)

Sanctions of $18K against defendant lawyer and his counsel are upheld by New York appeals court
(DBN)

Law Firm Associate Struck By SUV, Killed While Pushing Baby In Stroller
(DBN)

Lawyer eats incriminating evidence to clear client
(DBN)

Parents Sentenced To 20-Year Terms For Child Abuse Including Forcing Them To Eat Hot Dog Smoothies
(DBN)

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Judges:

New jury will be picked after juror questions judge about lack of diversity
(DBN)

Court officers who got parking discount by paying at juror rate must pay up
(DBN)

Think Supreme Court Justices Can’t Estate Plan? Wrong.
(DBN)

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Wall Street:

Dow futures drop after Apple whiffs on earnings
(DBN)

US stocks mostly trade higher as energy sector rises
(DBN)

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Layoffs:

Freeport Cuts Energy Jobs After Posting Sixth Straight Loss
(DBN)

Coach announces 300 job cuts
(DBN)

Baystate Health asks for $10 million in state money to avert 200 layoffs
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Healthcare:

Record Municipal Junk Bond for Hospital Set as Market Draws Cash
(DBN)

Healthcare providers take heat over debt collection lawsuits against patients
(DBN)

Troubled Hixson-based nursing home chain asks bankruptcy court for OK to sell business
(DBN)

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Politics:

How New Jersey Saved Trump From Going Bust Trump Can't Beat Clinton. Who Says? Supporters could walk away from a ‘presidential’ Trump US oil baron Harold Hamm endorses Trump for president Donald Trump Welcomes Stars’ Departures for Canada Five Questions and Answers About Donald Trump’s Foreign Policy Address Trump Wins Big in Disability Country 'The presumptive nominee'
(DBN)

Republicans' anti-Trump 'corrupt bargain' takes America back to 1824
(DBN)

Hillary Clinton delivers a near-knockout blow — and sends a clear message
(DBN)

Carly Fiorina as Ted Cruz’s vice-presidential running mate? Could be. Time is running out for Trump’s foes
(DBN)

Why next year is going to be a disaster for Paul Ryan's presidential dreams
(DBN)

Here's who has the best chance at being our next president
(DBN)

Sanders Names Elizabeth Warren As Possible VP Pick
(DBN)

The Guy Who Screwed America's Economy Hearts Hillary Clinton
(DBN)

Chart: The Coming GOP Demographic Disaster
(DBN)

Senate GOP Collapsing Around McConnell
(DBN)

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Distressed Investing:

Zohar Funds Turn Up Heat
(DBN)

$1 trillion bubble is unprecedented
(DBN)

____________

Alternative Energy:

How some SunEdison creditors scored a safe, lucrative debt deal
(DBN)

SunEdison's Exiting CFO, Brian Wuebbels, Has Yet to Leave Post
(DBN)

The 2 huge mistakes that sent Wall Street's nightmare stock into bankruptcy
(DBN)

Solar Companies Are In A Race To The Bottom
(DBN)

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Television:

Roberts Broadcasting alleges lawyer was negligent in bankruptcy case
(DBN)

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Aviation:

Management company for Mansfield’s airport files for bankruptcy
(DBN)

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Gambling:

Caesars Makes Settlement Offer to Bondholder Group
(DBN)

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Shipping:

Third Circuit Decisions Affirms Contractual Extension/Modification of Maritime Liens
(DBN)

Hanjin Shipping, Hyundai Merchant Merger Talks
(DBN)

____________

Economy:

Consumer confidence slips in April to below-forecast reading
(DBN)

Charles Koch: System is Rigged for Wealthy
(DBN)

There's been one key change since the last Fed meeting
(DBN)

US durable goods orders rebounds, but investment still weak
(DBN)

How the state of the economy is literally killing people
(DBN)

The $7 Trillion Market Flood of Negative Yield Debt
(DBN)

Chemical Activity Barometer "Accelerated" in April
(DBN)

No, millennials didn't just surpass Baby Boomers How are Millennials faring financially? The good and the bad.Millennials And 'Their Destruction of Civilization'PSA: If you're 20 or younger, you are NOT a millennial
(DBN)

Most Millennials Now Reject Capitalism
(DBN)

US Debt Clock
(DBN

World Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

City-by-city look at home prices as signs of slowing growth appear
(DBN)

Case-Shiller: National House Price Index increased 5.3% year-over-year in February
(DBN)

Real Prices and Price-to-Rent Ratio in February
(DBN)

Gallup poll finds most Americans believe real estate is best investment
(DBN)

Amid strengthening economy, home sales fall short
(DBN)

There are some 'troubling issues' for first-time home buyers
(DBN)

Chilly forecast for luxury property market post-Panama Papers
(DBN)

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Municipalities:

House GOP leader: No help for Puerto Rico before deadline
(DBN)

U.S. House Republican leader sees Puerto Rico bill before July
(DBN)

U.S. House Republican leader sees Puerto Rico bill before July
(DBN)

Pass PROMESA, secure Puerto Rico's future
(DBN)

Riley: Puerto Rico and Providence on My Mind
(DBN)

Puerto Rico Senate to Weigh in on Changes to Debt Moratorium Law
(DBN)

Ryan to ‘Hamilton’ creator: We’re making progress on Puerto Rico
(DBN)

IL: Lawmakers might not get paid either
(DBN)

'Detroit Resurrected' tells complex tale of largest municipal bankruptcy
(DBN)

NJ: State takeovers of financially distressed school districts should end, Asm. Wimberly says
(DBN)

Should Atlantic City mayor and other top officials take pay cuts during crisis?
(DBN)

Fitch: US Emergency Managers and Interventions Are No Panacea
(DBN)

Flint mayor: City shouldn't pay manager's water legal bills Flint Citizens Sue EPA for $220 Million
(DBN)

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Tax:

LuxLeaks Trial Shows Peril of Blowing Whistle on Tax Dodgers
(DBN)

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Oil/Gas:

Buying and Selling RBLs: What You Always Wanted to Know but Were Afraid to Ask
(DBN)

Top 10 E&P Bankruptcy Cases
(DBN)

Weds.: Oil is at 2016 highs
(DBN)

Tues.: Crude prices jump 3 percent on gasoline rally, weak dollar Crude Oil Rises to Five-Month High as Market Seen RebalancingUS Oil Prices Settle at New 2016 High
(DBN)

Oil's Magic Number Becomes $50 A Barrel For Promise of Recovery
(DBN)

Texas, Oklahoma, Wyoming: Oil Woes Start to Hit Hard
(DBN)

In Senate hearing, experts warn of uncertainty around oil prices
(DBN)

Energy dividends are unsustainable: Hedge fund CEO 'Big Oil ' may have to cut dividends: Goldman's Jeff Currie
(DBN)

Exxon Stripped of AAA Rating by S&P Exxon Mobil Loses Top Credit Rating It Held Since Depression
(DBN)

BP could see deeper spending cuts amid low crude prices, CFO says
(DBN)

S&P cuts Hercules Offshore to CCC– on forbearance agreement
(DBN)

Bankruptcies continue in US shale oil industry
(DBN)

Trinity River Resources, LP Files For Bankruptcy in Austin, Texas
(DBN)

Natural Gas Prices Continue to Retreat
(DBN)

With No End to the Oil Downturn in Sight, Young Workers Move to Plan B
(DBN)

Perella Weinberg Said In Merger Talks With Tudor Pickering
(DBN)

Ouch. Oil companies lose whopping $67 billion
(DBN)

The 5 Biggest Oil Bankruptcies of All Time
(DBN)

Pioneer's Strong Results Show America's Oil Boom Is Just Taking A Breather
(DBN)

Linn Completes First Exchange in Bid to Protect Investors Was LinnCo LLC's Exchange Offer Really a Success?
(DBN)

SembMarine shares slump as client files for bankruptcy
(DBN)

Blackhill Partners Completes Restructuring of RAAM Global Energy Company
(DBN)

Oil Fallout: Husky’s Relief Comes at Somebody Else’s Expense
(DBN)

Oil, Shale and the Pursuit of Happiness
(DBN)

Saudis Release Vision of Life After Oil
(DBN)

China is hoarding oil
(DBN)

____________

Coal:

China Bans Some New Coal Power Plants, Spelling More Bad News For A Troubled Industry
(DBN)

Mead: State gov’t agencies must start slashing budgets
(DBN)

Coal plays a role primaries
(DBN)

The Coal Market's Meltdown Cut Deeply Into Alliance Resource Partners, L.P.'s Earnings
(DBN)

____________

Personal Finance:

Why my friends moved to the Midwest in search of financial security
(DBN)

____________

Electricity:

Commissioners Shouldn't Back Down on Oncor
(DBN)

____________

Fraud:

There's going to be a huge 'Panama Papers' data dump
(DBN)

Clues to Jailed Fund Manager's Millions Sought in Panama Leak
(DBN)

Delaware's $1 Billion Opacity Industry Gives U.S. Onshore Haven
(DBN)

A Trump University case is going to trial — and Donald Trump may have to testify
(DBN)

____________

Awards:

2016 Vault Law 100
(DBN)

____________

Travel:

TSA Found 73 Guns Just Last Week
(DBN)

____________

Telecoms:

Allied Fiber files for bankruptcy protection, seeks alternative options for dark fiber network
(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 (11 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)

______________

Sanctions:

Sanctions? In Delaware Bankruptcy Court? Yes
(DBN)

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Avoidance Actions:

Delaware Preference Update: New Value, Prejudgment Interest and Early Payment Ordinary Course Defenses
(DBN)

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Pensions:

Sunny side up or sunny side down (what is it with pension liabilities . . .)?
(DBN)

U.S. Pensions Solve New Debt Equation. Answers Vary by Billions
(DBN)

____________

Jurisdiction:

Asserting Personal Jurisdiction Over Foreign Banks
(DBN)

____________

Mediation:

Why Bankruptcy Mediation is a Process, not a One–and Done Session: A Different Mediation Model
(DBN)

____________

Personal Bankruptcy:

Section 707(b) applies to Converted Case
(DBN)

____________

TBTF:

New Rule Proposed for Big U.S. Banks’ Liquidity
(DBN)

Big Banks Forced to Rely on Long-Term Funding in U.S. Plan
(DBN)

____________

Retailing:

Sports Authority Scraps Reorganization Bid, Will Liquidate Sports Authority Is Giving Up on Getting Out of Bankruptcy Sports Authority gives up hope of survival, will go to auction
(DBN)

Sports Authority Gets Tentative Offers for Parts of Chain
(DBN)

Coach's Warning to Department Stores
(DBN)

____________

Autos:

Products Liability Plaintiffs Prevented From Seeking Recovery Against New GM Because the Bankruptcy Court Found Their Claims Were Not Assumed by New GM
(DBN)

Mitsubishi Admits to Manipulating Fuel Testing for Decades
(DBN)

Cadillac Announces Timeline for Salvation
(DBN)

VW Legal Endgame in Emissions Scandal
(DBN)

This Billionaire Family Could Fix VW, But It's Not
(DBN)

VW's Bleak Options for Dealing with Recalls
(DBN)

____________

 

Sovereigns:

Singer reiterates praise for gov't Paul Singer praises Macri but warns about negative impact from Collective Action Clauses
(DBN)

Argentina’s Make-Believe Happy Ever After
(DBN)

____________

UK:

Brexit Could Mean Big Business for London Bankers and Lawyers
(DBN)

Billionaire Green Under Pressure to Help Plug BHS Pensions Hole
(DBN)

RSM predicts personal insolvencies to remain flat but Debt Relief Orders to rise
(DBN)

Woes of BHS and Austin Reed Deepen Britain's High Street Crisis
(DBN)

Billionaire Green Faces Parliamentary Probe Over BHS Pension Topshop billionaire vs. 20,000 pensioners Green’s responsibilities and the BHS debacle
(DBN)

There's huge pressure on 2 former owners of collapsed BHS who made millions from the business
(DBN)

Squire Patton Boggs wins role in Austin Reed administration
(DBN)

SeaEnergy 'taking advice' from insolvency practitioners
(DBN)

____________

EU:

Is Europe’s NPL Problem Hampering Monetary Policy?
(DBN)

____________

PIIGS:

Decision to deny bankruptcy 'illogical' - Drumm
(DBN)

The ECB is finally helping out Greece ECB could move quickly on funding Greek banks after a deal
(DBN)

Negotiations Stall Between Greece and International Creditors Euro Finance Chiefs Won't Meet Thursday as Greece Talks Drag On Greece is calling up Europe for an emergency meeting Greek Bonds Slide With Stocks as Tsipras Asks for Euro Summit
(DBN)

___________

Canada:

Court Backs Israeli Bondholders as Urbancorp Restructures Debt
(DBN)

____________

China:

China May Loosen Bad-Loan Provision Rules
(DBN)

China's Plan to Clear Bad Loans Could Backfire, IMF Staff Warn
(DBN)

China Steelmaker Default Risks Flag Rising State-Firm Debt Woes
(DBN)

It's possible we are seeing China's 'Lehman moment'
(DBN)

____________

India:

Mallya Faces Expulsion From India Parliament by Ethics Panel
(DBN)

Vijay Mallya told to disclose foreign assets to banks
(DBN)

`Fugitive' Mallya Fears Arrest in India as Lenders Seek Payment
(DBN)

Joint Parliament Standing Committee clears Bankruptcy Law: Arun Jaitley Insolvency and Bankruptcy code: Jaitley hints at discussion in ongoing Parliament session
(DBN)

____________

Sri Lanka:

Sri Lanka Seeks Investor for Airline Mired in $3.2 Billion Debt
(DBN)

____________

India:

Bankruptcy Code must cover overseas assets too: House panel
(DBN)

____________

Ukraine:

Billionaire Akhmetov's DTEK Wins Debt Payment Pause From Court
(DBN)

____________

South Korea:

S. Korea vows to restructure ailing shipbuilders Gov't takes on failing shippers and shipbuilders
(DBN)

____________

Japan:

Japan's Growing Poverty Defies Glib Explanations
(DBN)

____________

Singapore:

Insolvency Series 2016: Counterparty Insolvency
(DBN)

____________

Brazil:

Brazil banks brace for fresh wave of loan refinancing deals
(DBN)

____________

Venezuela:

Venezuela just created a 2-day workweek for public sector workers
(DBN)

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