August 22, 2016

The Daily Bankruptcy News

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3-Column Formating

 

Law:

I Have Been A Law Firm Partner For A Year. How Is It Different From Life As An Associate?
(DBN)

What Happens When A Partner Departs?
(DBN)

Meh Midyear Report For Biglaw
(DBN)

Legal Industry: Wake Up and Smell the Data!
(DBN)

For Midsize Firms, Salary Hikes Raise Rate Dilemma
(DBN)

Firing A Few Law Firms Isn't Enough; Why Clients Must Ask For Change
(DBN)

Report: E-Discovery Sanctions Decisions Have Fallen Off
(DBN)

Gibson Dunn is Set to Make a Big Hire in New York
(DBN)

Judge Orders Moses & Singer to Hand Over Docs Under Crime-Fraud Rule
(DBN)

How Weak Client Email Security Exposes Outside Counsel to 'Spillover' Breach Risks
(DBN)

‘You need to be on your best possible form’ for grouse shooting says partner in advice column to women
(DBN)

This GC Is on a Mission to Improve Legal Writing
(DBN)

Bakers hits five-year high with 8 per cent revenue boost to $2.6bn Baker & McKenzie revenue up to five-year high
(DBN)

Murdered Lawyer Only The Latest Bizarre Twist In Bizarre Divorce Case
(DBN)

State seeks plastic surgery records in Markel case
(DBN)

Lewis & Clark Law School Flunks Crisis Communications 101 Lewis & Clark Law School Finally Acknowledges Theft Of Exams
(DBN)

BYU law school says ABA probe is closed; group had alleged religious discrimination
(DBN)

Law School’s Downward Spiral And The ‘Shredding Of Your Self-Worth’
(DBN)

Ken Starr Completely Out At Baylor Law School ‘Mutually agreed separation’
(DBN)

Billionaire Cautions That Law School Is Great — For Accumulating Debt
(DBN)

Plan Your Schedule, But Not Too Much
(DBN)

Goldman Sachs Doesn’t Want To Pay *Its* Legal Fees, Either
(DBN)

Mindfulness And Emotional Eating
(DBN)

Prosecutors entitled to warrant for Aaron Hernandez cellphone, being held by his lawyer, court says
(DBN)

US swimmer agrees to charity payment to avoid prosecution in robbery scandal, lawyer says Lochte: 'I Overexaggerated' Robbery Story, Says He Was 'Intoxicated' During First T.V. Interview Lochte: I Exaggerated but Didn't Lie
(DBN)

With Final Bills Paid, Nancy Lanza's Estate Declared Insolvent
(DBN)

Judges Orders Lawyer Not to Post Case-Related Prayers on Social Media
(DBN)

Feds: Unfair to Hold Poor Defendants Who Can't Afford Bail
(DBN)

Police Chief Fires Officer For Responding To Active Shooter Call In Which Three Were Murdered
(DBN)

Federal Judge: Religious Liberty Includes a Right to Fire LGBTQ Employees
(DBN)

Interracial Couple Allegedly Stabbed by White Supremacist
(DBN)

Woman Allegedly Stole Ambulance Because She Missed ‘The Last Bus’
(DBN)

Navy SEAL Forfeits $6.8 Million Because He Wrote About Bin Laden Raid
(DBN)

Judge Orders Lawyers Who Won ‘Happy Birthday’ Lawsuit Get $4.62 Million, Too
(DBN)

Federal Judge Refers Sheriff Joe for Contempt
(DBN)

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Judges:

Unions, Ledbetter Warn of Supreme Court Implications of Election
(DBN)

Judge Sam Bufford to Teach in Romania
(DBN)

Don’t bet on Ruth Bader Ginsburg retiring if Clinton becomes president Ginsburg pays tribute to Scalia
(DBN)

As Donald Trump Falters, Democrats Plan to Press Fight for Supreme Court
(DBN)

Lawyer sues judge who sentenced her to jail time for refusing to remove a Black Lives Matter button in court
(DBN)

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Wall Street:

Dow futures tread water as buyers won’t jump in until Yellen speaks
(DBN)

Stocks close lower, but Nasdaq posts first 8-week win streak
(DBN)

Quote of the Day: Goldman CEO Reflects on Lessons from Law School
(DBN)

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Layoffs:

12 Companies Firing the Most People
(DBN)

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Autos:

Tesla could get steamrolled
(DBN)

Angry Suppliers Halt Volkswagen Factories VW Supplier Dispute Expands Shutdowns
(DBN)

Lawyers Say Bosch Worked 'Hand-in-Glove' with VW in Emissions Fraud
(DBN)

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Celebs:

Lou Pearlman, Orlando boy-band mogul, dies in prison
(DBN)

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Solar:

Solar Companies Aren't Learning From Their Mistakes
(DBN)

SunEdison Yieldco Said to Seek Sale of U.K. Solar Portfolio
(DBN)

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Coal:

Colorado county, coal giant Peabody in dispute over back taxes
(DBN)

Bankrupt coal companies get break on clean-up costs
(DBN)

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Mass Torts:

Company wants its lawsuits against asbestos attorneys to be consolidated; firm argues cases aren’t related
(DBN)

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Healthcare:

Struggling Meadowlands Hospital may get new buyer
(DBN)

BB&T Can't Show Cardiologist Entered Bankruptcy in Bad Faith
(DBN)

Obamacare's Public Option Is No Longer Defensible
(DBN)

Obamacare: Slow Motion Death Spiral
(DBN)

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Taxis:

Lyft Tried to Sell Itself to Others and Failed
(DBN)

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Hedge Funds:

All the Fun Is Going Out of Hedge Funds
(DBN)

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Insurance:

Life Partners Customers Face Tough Investment Decisions - Trust is strained as firm’s customers try to navigate bankruptcy process and complex alternatives being offered
(DBN)

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Economy:

Household debt back to housing boom levels
(DBN)

The Great American Retirement Crisis
(DBN)

Here's every state's July unemployment rate
(DBN)

Fischer Signals 2016 Rate Hike With Economy Nearing Fed Goals
(DBN)

27 Years of Economic Pain for Most Americans
(DBN)

Yellen to say ‘ready’ for another rate hike in Jackson Hole It could be a tough week for Janet Yellen
(DBN)

Rabobank: Why the Fed can’t admit it won’t hike this year
(DBN)

U.S. economy providing ammo for higher interest rates
(DBN)

Report: Middle Class Jobs Are Finally Rebounding
(DBN)

Central bankers are doing something that hasn't happened in 5,000 years — and drastically changing the world economy
(DBN)

Where Median Incomes Have Fallen the Most
(DBN)

Six myths about the U.S. economy that are just plain wrong
(DBN)

If You Feel Poorer, It Might Be Because You Are
(DBN)

America's retirement crisis is happening, and it's going to affect everyone
(DBN)

The 10 worst places in America to start a business
(DBN)

Report: U.S. Army Fudged Trillions of Dollars in Accounting
(DBN)

US Debt Clock
(DBN

World Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

A New Mortgage-Backed Securities Crisis for Law Firms?
(DBN)

County looking to stop repeated bankruptcies being used to avoid paying property taxes
(DBN)

JPMorgan to receive $645m as part of litigation settlement with FDIC and Deutsche Bank
(DBN)

Bankrupt Variant Wants To Drop Claims Against Ex-CEO, Atty
(DBN)

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Municipalities:

Puerto Rico General Fund Allocations Up 74 Percent Since FY2014
(DBN)

How Milwaukee Shook Off the Rust
(DBN)

____________

Oil/Gas:

Oil prices hammered by increase in U.S. rig count
(DBN)

Wilbur Ross's next big bet: oil and gas pick-up
(DBN)

Emerald Oil Gets Nod On $110M Lead Bid
(DBN)

Energy Stocks Slide as Weekend Nears
(DBN)

Oil Companies Need Prices to Keep Rising Past $50 a Barrel $50 Crude Won’t Fuel Big Oil’s Comeback $50 Crude Won’t Fuel Big Oil’s Comeback
(DBN)

How Louisiana's sinking coast is becoming Big Oil's $100 billion problem
(DBN)

Some Shale Drillers Return to Oil Patch Shale drillers party like it’s 2014 as oil finds bull market
(DBN)

Oil Enters a Bull Market Oil heads to best week since April
(DBN)

Subsidiaries of Trinity E&P file for bankruptcy protection
(DBN)

Private Equity Jumps Into The Oil Patch Published 2 days ago
(DBN)

____________

Politics:

A New York Times investigation found that Donald Trump's US empire has twice as much debt as his public filings reveal Report: Trump-Owned Companies Owe at Least $650 Million Donald Trump the Mortgage Broker Was in Trouble From Moment One Trump’s Campaign Shakeup Is Likely Too Little, Too Late Trump Campaign to Get More Help From RNC’s Chief Strategist Donald Trump Faces Backlash After Attempt To Win Over Black Voters Trump Campaign Raises $36.2m in July LA Times Poll Had Trump in the Lead Again Report: Donald Trump's Campaign Was Hacked, Too Why Trump Could Only Happen in America Trump Campaign Backpedals on Mass Deportation: It's 'To Be Determined' Donald Trump's campaign is still spending remarkably little
(DBN)

Trump tax break among 7 times critics say Christie enriched friends
(DBN)

Report: Hillary Clinton Says Colin Powell Told Her to Use Personal Email Powell Fires Back at Hillary’s FBI Interview: I Used Secured State Computer to Access Classified Emails Clinton Avoids Deposition But Must Still Answer E-Mail Questions
(DBN)

Noted law prof defends his Trump tweet, says he underestimated Twitterverse cynicism
(DBN)

O’Melveny Partners Straddle Both Sides of the Presidential Race
(DBN)

Trump's Ties to Wachtell and Other Weirdness
(DBN)

Trump Draws Ire of Atlanta Legal VIPs
(DBN)

In a Normal Campaign Season, Candidates Could Have a Tax Debate
(DBN)

____________

Steel:

Essar liabilities surpass assets
(DBN)

____________

Media:

4 takeaways from the bankruptcy sale of Gawker Media On The Demise Of Gawker.com: Unsparing, Satiric And Brutal
(DBN)

Univision to Pay Gawker's Nick Denton $16,666 a Month Not to Compete Nick Denton really needs to rent out his condo (and fast)
(DBN)

Did I Kill Gawker?
(DBN)

What's next for Gawker writers?
(DBN)

____________

Prisons:

There Were Only 13 Federal Private Prisons… But Closing Them Is Still A Big Deal
(DBN)

Private Prison Operators Shrug Off U.S. Policy Shift
(DBN)

____________

Bankruptcy Crimes:

Ellisville, Missouri Woman Indicted on Bankruptcy Fraud Charges
(DBN)

____________

Banking:

Bank Mergers Heading for Seven-Year High, Pushed by Costly Rules
(DBN)

____________

Retailing:

Foot Locker CEO: ‘Malls Are Far From Dead’
(DBN)

____________

Tax:

New York has a new top tax deadbeat.
(DBN)

____________

Accounting:

$5.5B Damages in PwC Trial Not a Sure Thing
(DBN)

____________

Shipping:

Hanjin misses key deadline, moves closer to receivership
(DBN)

____________

Gambling:

Private equity firm bosses to get $370M windfall in Caesars mess
(DBN)

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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 (8 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)

______________

Priority Claims:

Delaware Bankruptcy Court Rules Gift Cards Not Eligible for Priority Treatment
(DBN)

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Avoidance Actions:

Finally A Clear Ruling On A Much Needed Bankruptcy Preference Defense
(DBN)

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Estoppel:

Debtor Claims to Be Business Trust, Gets Stuck in Bankruptcy
(DBN)

____________

Chapter 13:

Proposed Bankruptcy Rule Changes: Word Counts to HELOCs
(DBN)

7th Circuit Holds Section 1329 Permits Post-Confirmation Plan Modification
(DBN)

____________

Discharge:

Mom goes bankrupt paying for son's incarceration, court scolds O.C. for pursuit of debt
(DBN)

____________

Privilege:

More Deal Lawyers Talking About Attorney-Client Privilege
(DBN)

____________

Interest:

Post-Petition Interest in a Solvent Case: What Interest Rate Controls?
(DBN)

____________

Food/Beverage:

Judge approves bankruptcy sale of Southern Season Sale to Delaware retailer for $3.5 million gets judge’s OK
(DBN)

____________

Couriers:

North Mill Provides $3MM DIP Factoring Facility for EZ Worldwide
(DBN)

____________

Personal Finance:

These money lessons will last your kids — and you — a lifetime
(DBN)

4 Things Great Listeners Do
(DBN)

Scientists asked 5,500 Americans to reveal their 'relationship deal breakers' — here's what they learned
(DBN)

17 quick and easy daily habits that can significantly improve your life
(DBN)

____________

UK:

A lifeboat with conditions: new guidance from the PPF
(DBN)

Almost one in ten owes more than £20,000, R3 survey reveals
(DBN)

The UK Court exercises its discretion against making an administration order
(DBN)

The Brexit Question That Nobody Asked
(DBN)

BHS buyer used £1.5m loan from the firm to save his home from being repossessed
(DBN)

____________

PIIGS:

'Nobody believes in anything anymore': Why Greece's economic crisis is not over
(DBN)

____________

Canada:

New Brunswickers going further in debt
(DBN)

Trudeau’s Cure for Canada’s Slump? Architects and Accountants
(DBN)

____________

MENA:

Saudi bankruptcy draft law to protect small businesses
(DBN)

In Egypt, IMF Deal Brings Austerity Few Can Afford
(DBN)

Nakheel Repays $1.2 Billion Bond, Ending Dubai Debt Saga
(DBN)

____________

China:

Bond Vigilantes Win Victories Opposing China Debt-Equity Fix
(DBN)

China Is Grappling With Hidden Unemployment
(DBN)

____________

Belgium:

Bankruptcy statistics in Belgium: July 2016
(DBN)

____________

Nigeria:

Insolvency Bill : Reviewing 36 -year old law to save businesses
(DBN)

____________

India:

Has the strategic debt restructuring experiment run aground
(DBN)

____________

Singapore:

New Singapore Rules Designed To Reduce Number Of Bankruptcies.
(DBN)

Bankruptcy Act Reforms for A More Rehabilitative Framework Took Effect.
(DBN)

____________

Hong Kong:

Important Changes Under The Companies (Winding Up And Miscellaneous Provisions) (Amendment) Ordinance 2016 - Part 1 : Increased Creditor Protection.
(DBN)

____________

Brazil:

Brazil Traders Who Spurned 55% Bond Haircut Are Vindicated
(DBN)

Oi creditor group seeks alternative recovery plan
(DBN)

____________

Ukraine:

Promised Prosperity Never Arrived in Russian-Held Crimea, Locals Say
(DBN)

____________

Japan:

Japan's Economic Woes Deepen as Manufacturers' Mood Hits a 3-Year Low
(DBN)

____________

Panama:

Panamanian money services company bankrupt with $22m in debt
(DBN)

____________

Russia:

Number of bankrupt construction companies in Russia grows twofold
(DBN)

Deutsche Bank's $10 Billion Russian Scandal
(DBN)

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