August 16, 2016

The Daily Bankruptcy News

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3-Column Formating

 

Law:

What’s Culture? No Bonuses to High-Ranking Partners at Gibson Dunn
(DBN)

What Do Chevron, Apple, and Chris Christie Have in Common?
(DBN)

The $180,000 Bill: Associate Salary Payment Made Easy
(DBN)

After $180K Salary Bump, What About Benefits in Big Law?
(DBN)

London lawyers tempted by dollar bonanza
(DBN)

Exit Not Voice: Law Firms Don't Change Because Clients Aren't Asking
(DBN)

Thompson & Knight Adds Bankruptcy, Restructuring Associate
(DBN)

Law Firm Growth Continues… Slowly
(DBN)

LegalZoom Co-Founder On ABA’s ‘Toothless’ Future Of Legal Services Report
(DBN)

Bankruptcy Lawyer: Now Can We Talk About Solutions To Lawyer Misery?
(DBN)

Suit: Lawyer, Firm Cooked Up Bogus Loan Scheme to Duck $245K Judgment Debt
(DBN)

Summer Associate Offer Rates (2016): A Guide For Incoming Law Students
(DBN)

In a brief, don’t say that something happened “on or about” a certain date.
(DBN)

15 Best Places to Live and Work in Big(gish) Law
(DBN)

How Women Can Demand Attention in a Room Full of Men
(DBN)

Female former prosecutor files pay bias suit
(DBN)

Daughter Disinherited After Marrying Jewish Man Loses Appeal
(DBN)

ASS Law Grad Knows Exactly What To Do With His Diploma
(DBN)

Partnership prospects at… Mayer Brown
(DBN)

After 21 of his clients received the death penalty, lawyer won’t take any more capital cases
(DBN)

Pennsylvania's attorney general has been found guilty of perjury Convicted Top Pennsylvania Prosecutor to Address Job Status Guilty of All Charges Over Leaked Grand Jury Documents
(DBN)

Conviction tossed for ‘Making a Murderer’ suspect; lawyer’s conduct was ‘inexcusable,’ judge says Lawyer Who Represented Brendan Dassey Of ‘Making A Murderer’ Speaks Out About His Conviction Being Overturned
(DBN)

For 4 Years, Mother Allegedly Pocketed Donations for Child's Fake Cancer
(DBN)

‘Criminal Minds’ Actor Lawyers Up After Firing
(DBN)

Police Can Rob Anyone of Their Belongings California Moves to Limit Police Seizures
(DBN)

DWI Prosecutor Arrested For . . .
(DBN)

Prosecutors obtained video recordings of lawyer-inmate meetings, hearing reveals
(DBN)

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Judges:

Supreme Court Justice Sotomayor says country, not court, has become more politicized
(DBN)

Is The ‘Kozinski Solution’ To The Problem Of Overlong Briefs Gaining Traction?
(DBN)

Judge Tells Citi To Sit Down And Shut Up
(DBN)

Court Strikes Unapproved Filing
(DBN)

Judge Faces Trial for Leaving Baby in Car Kids Left in Cars: We Only Prosecute Some
(DBN)

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Wall Street:

U.S. stocks hunt for another record session as dollar dives
(DBN)

Global Stocks Dip as Dollar Retreats
(DBN)

Stocks close at record highs as oil rallies
(DBN)

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Layoffs:

To fix budget gap, Baystate Health plans to cut 300 jobs
(DBN)

Merck cutting 148 Montco jobs
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Autos:

John Oliver Explains How Auto Lenders Are Bringing On The Next Subprime Crisis
(DBN)

GM CEO Barra Tells Jury Company Flubbed Fatal Ignition Flaw
(DBN)

VW May Face Criminal, Civil Penalties VW, DOJ Discuss Criminal Investigation
(DBN)

Judge Rules Duty to Warn Applies in Next GM Ignition Switch Trial
(DBN)

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Toll Roads:

Texas 130's private operator plans to leave toll road behind
(DBN)

Lenders to Take Over Private Texas Toll Road
(DBN)

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Corporate Reform:

The 'Fire Sale' Fears Driving Big Banks' Push to Delay Volcker Rule
(DBN)

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Coal:

As Coal Mining Declines, Community Mental Health Problems Linger
(DBN)

Coal Industry, Feeling Cornered, Peeks at Big Tobacco Playbook
(DBN)

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Derivatives:

The rise and fall of the credit default swap market
(DBN)

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Environmental:

YPF Can Finance Maxus’ Bankruptcy Plan, Judge Says
(DBN)

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Media:

Peter Thiel Pens Op-Ed Over Gawker Bankruptcy : "I Am Proud" to Support Hulk Hogan's Case Peter Thiel: Gawker sale doesn't mean an end for free speech Billionaire Who Helped Bankrupt Gawker Says He Would Do It Again Peter Thiel says he'll finance more Gawker-type privacy fights Peter Thiel: Journalists Don’t Need to Worry About the Fact That I’m Suing a Media Company Into Oblivion
(DBN)

Here’s how the Gawker Media auction will work
(DBN)

Will New Gawker Owner Be Responsible for Hulk Hogan’s $140 Million Award?
(DBN)

Why Gawker matters: Bankruptcy auction could make or break the 'voice of a generation'
(DBN)

Here Are the Most Likely Bidders in Gawker Media’s Bankruptcy Auction
(DBN)

Ziff Davis Agrees To Assume Gawker CBA, Union Says Univision bids for Gawker, challenging Ziff Davis: sources
(DBN)

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Pensions:

What would a government bailout of PBGC look like?
(DBN)

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Alternative Energy:

SunEdison Monthly Report Shows $6.2 Billion In Equity
(DBN)

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Economy:

Fed’s Williams says inflation target should be increased
(DBN)

NY Fed: August "General business conditions index fell five points to -4.2"
(DBN)

Freight Shipments, Spending Declined in July
(DBN)

Empire State index swings back to negative ground
(DBN)

The only way to fix the economy might be for the stock market to 'collapse'
(DBN)

U.S. Government Bonds Fall as Investors Await Fed Speeches, Minutes
(DBN)

The world's largest shipping company has 2 dire warnings for the global economy
(DBN)

Krugman: Wisdom, Courage and the Economy
(DBN)

A Hail Mary Retirement Plan for Those With Nothing Saved
(DBN)

Retirees Need $130000 Just to Cover Health Care, Study Finds
(DBN)

A Conservative Push for Paid Family Leave
(DBN)

The 10 best states in the US to live a rich life
(DBN)

These Six Charts Show Why The Average American Is Fed Up
(DBN)

Why college isn’t the ‘great equalizer’ between poor and more affluent students
(DBN)

Germany and Saudi Arabia are facing the same lurking disaster
(DBN)

"It’s Surreal" - Negative Yielding Debt Rises To Record $13.4 Trillion
(DBN)

US Debt Clock
(DBN

World Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Helpful Cases for Mortgage Servicers Attempting to Comply with Mortgage Servicing Regulations After a Bankruptcy Discharge
(DBN)

Tighter Underwriting Rules Cut Portion of Mortgages to Blacks, Report Says
(DBN)

SEC Investigation of Global Ministries Adds More Complexity
(DBN)

Why US homebuilders are bullish on the economy US home builder sentiment rises in August as sales improve
(DBN)

FNC: Residential Property Values increased 4.8% year-over-year in June
(DBN)

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Municipalities:

Puerto Rico is going to get worse before it gets better
(DBN)

Puerto Rico Electric Extends AlixPartners Pact for $6.7 Million
(DBN)

Puerto Rico's General Fund July net revenues up 6.2 pct yr/yr
(DBN)

Puerto Rico delays $252M worth of tax refunds amid crisis
(DBN)

Why the Municipal Pension Crisis Will Worsen
(DBN)

N.J. avoids credit rating downgrade despite pension, road funding woes
(DBN)

VI Officials: Bond downgrade means more government debt
(DBN)

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Oil/Gas:

Oil & Gas Bankruptcies Offer Opportunities For Investors
(DBN)

Brent crude rises to $48 a barrel on talk of producer action
(DBN)

SandRidge Energy seeks to emerge from bankruptcy next month
(DBN)

Paragon Offshore Moves to Protect Restructuring Deal
(DBN)

Quicksilver Ch. 11 Plan Confirmed After Vote-Trading Tussle
(DBN)

Maxus Reaches Deal With Objectors Over $63M DIP Loan
(DBN)

Templar Energy Urges Lenders To Restructure Out Of Court
(DBN)

What The Fall Of OPEC Means For Global Oil Markets
(DBN)

Iraq, Iran and Russia are all in the way of a deal between oil producers Oil Rises As Saudis Eye Russia Energy Triangle With Iran, Turkey Russia sparks oil rally, but Saudis still hold the cards
(DBN)

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Sporting Goods:

Performance Sports Falls as Delayed Financials Threaten Default
(DBN)

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Politics:

What We Learned About Trump’s Supporters This Week Go Ahead and Lie, Donald. You're Protected. Donald Trump Courts the Gun Zealots I Support You, Donald Trump. Now Release Your Tax Returns Why I don’t think it makes sense to attribute Trump’s support to economic anxiety Trump Argues United States Should Have Carried Out War Crime in Iraq To some conservatives, “real Americans” and “ordinary folks” are getting a raw deal. But just because it seems that way doesn’t make it so Will Donald Trump Permanently Alienate Republican Women? Donald Trump's Latest Webpage Tries a New Recruitment Tactic Wall Street Journal tells Trump he should ‘turn the nomination over’ to Pence if he can’t ‘behave’ A century of data shows that Donald Trump is wrong about the jobs impact of immigration How Donald Trump’s Assertions About Obamacare Premium Increases Can’t Be True How Closely Is Trump Adviser Paul Manafort Tied to Vladimir Putin? Donald Trump and the $12.7 million Ukraine connection The Republican nominee long used the media to project his fairy tale self-image but now blames the industry for his flailing campaign Yale Republican Club Members Quit Over Donald Trump Endorsement
(DBN)

President Clinton will need Bernie’s 'Political Revolution' to get things done What Clinton’s 2015 income tax return tells us Clinton's economic plan: New taxes, more rules and a few good ideas Lawmakers Outline Potential Perjury Case Against Clinton in Letter to U.S. Attorney
(DBN)

How the presidential candidates would tackle student debt
(DBN)

Warren 'can't imagine' joining a Clinton administration
(DBN)

Giuliani: No US Terror Attacks Before Obama
(DBN)

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Shipping:

Economic Slump Sends Big Ships to Scrap Heap
(DBN)

Hanjin Shipping loss widens to $433m in first half Has Hanjin made a breakthrough days ahead of court receivership
(DBN)

Big Three Shipyards Cut 5,000 Jobs in First Half
(DBN)

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Defaults:

For CFOs, Defaults Can Offer Valuable Lessons
(DBN)

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Retailing:

Gift Cards Denied Priority Status in Delaware, Contravening Prior Delaware Decision
(DBN)

Retailers Predict Bankruptcy if Back-to-School Sales Fizzle
(DBN)

This year has been a nightmare for retail
(DBN)

'Walmart destroyed retail'
(DBN)

Claire’s Corners Bondholders With $800 Million Debt Swap Plan
(DBN)

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Gambling:

Striking Taj Mahal workers revisit Icahn's NY office
(DBN)

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Accounting:

PwC Auditor Defends Methods In $5.5B Taylor Bean Trial
(DBN)

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New Bankruptcy Opinions
(6 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (15 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (4 new filings today)
(DBN)

Bankruptcy Code (html) - Bankruptcy Code (pdf) Prior BK Codes (pick year from list) - 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:

Nation’s Highest Bankruptcy Rates Found in the South
(DBN)

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Safe Harbors:

Seventh Circuit Rejects 546(e) Safe Harbor Protection for Transfers that Involve Financial Institutions that Act Only as Conduits
(DBN)

Delaware Bankruptcy Court Holds Section 546(e) Safe Harbor Does Not Bar a Litigation Trust, as a Creditor-Assignee, From Asserting State Law Constructive Fraudulent Transfer Claims
(DBN)

Delaware Bankruptcy Court Disagrees with Second Circuit on Implied Preemption of State-Law Fraudulent Transfer Claims Brought by Creditors
(DBN)

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Reaffirmation:

‘Chutzpah of the Year’ award?
(DBN)

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Avoidance Actions:

Over Four Hundred Years of Law on Fraudulent Transfers, Flushed Down the Drain
(DBN)

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Healthcare:

Westchester Meadows to lay off 89
(DBN)

Hebrew Healthcare Entering Chapter 11 Bankruptcy
(DBN)

Aetna Will Abandon ACA Patients In More Than 500 U.S. Counties Ditching 70% of its Obamacare business
(DBN)

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Furniture:

Stein World creditors left adrift?
(DBN)

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Make-Whole:

No Turnover of the Make-whole Amount in the EFH Bankruptcy
(DBN)

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Subordination:

Enforceability of Subordination Provisions in Synthetic CDOs – Lehman Revisited
(DBN)

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Tender Offers:

Use of Tender Offers in Bankruptcy to Effect a Pre-confirmation Settlement
(DBN)

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TIA:

Trust Indenture Act Litigation by Plaintiff Firms May Interfere With Out-of-Court Restructurings
(DBN)

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Automatic Stay:

California Judge Adopts Minority View on Automatic Termination of the Stay
(DBN)

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Effect of Confirmation:

Chapter 13 Confirmation Bars Garnishment to Pay Child Support
(DBN)

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Jurisdiction:

Bankruptcy Court Sometimes Lacks Jurisdiction over Tax Disputes, Judge Rules
(DBN)

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Ch. 13:

Chapter 13 Remains a Haven from Paying Support Even after BAPCPA Amendment
(DBN)

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Religion:

Stockton Diocese hit with harassment lawsuit
(DBN)

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Student Debt:

Nation’s capital has the most crippling student debt in America, study finds
(DBN)

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Celebs:

Food Network personality owes law firm $27K: lawsuit
(DBN)

50 Cent Says 'P.I.M.P.' Suit Blocked By Bankruptcy Shield
(DBN)

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Weather:

Disasters like Louisiana floods will worsen as planet warms, scientists warn
(DBN)

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Debt Collection:

Judge rules creditors' uncompleted phone calls to debtors still considered 'communication'
(DBN)

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Mining:

Miner BHP Billiton suffers $6.4 billion loss
(DBN)

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UK:

Brexit Could Be Delayed to Late-2019 as Government Not Ready
(DBN)

Here are the countries British businesses are most likely to move to post-Brexit
(DBN)

Brexit is 'a significant change for the worse' for Britain's jobs market
(DBN)

More Than 80 Percent of Partners in U.K. Expect to See Law Firm Job Cuts Because of Brexit
(DBN)

Trowers & Hamlins freezes pay
(DBN)

Lee Causer joins Moore Stephens’ insolvency team
(DBN)

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EU:

Banks across Europe are considering taking a drastic step to avoid negative rates
(DBN)

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Canada:

Ontario automakers faced more pain in 2009 crisis than Alberta has in ongoing oil woes
(DBN)

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Brazil:

Credit Suisse: Court in Brazil Stops Banco Santo Deal
(DBN)

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