August 29, 2016

The Daily Bankruptcy News

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Law:

Law Firm Wants Gender Pay Suit in Arbitration
(DBN)

10 Rules For Effective Law Firm Committees
(DBN)

What We Need To Learn from Slater & Gordon
(DBN)

Study shows lawyers less adept at coping with uncertainty
(DBN)

Five Things First-Years Need To Do To Survive Biglaw
(DBN)

Climbing The Ladder: Tales And Wisdom From America’s Top General Counsel
(DBN)

4 Tips For A Strong Law Firm Website
(DBN)

Law Schools Battle in Court Over Name Change
(DBN)

Where To Spend (Or Save) When Starting A New Practice
(DBN)

The Women Who Tread Where Men Still Rule: A Place at the Table in a Man’s World
(DBN)

Ranking The Most Important Law Professors
(DBN)

Police video shows ex-wife of slain law prof Dan Markel reacting to news of his shooting The Dan Markel Case: A Notable New Document
(DBN)

Charles Harder, Hollywood’s favorite lawyer
(DBN)

'Making a Murderer' attorney seeks more evidence testing
(DBN)

Massachusetts lawyer wins $3K Ross prize for her fictional story ‘Another Shot’
(DBN)

Rapper goes to law school in pursuit of stability
(DBN)

Mike Pence once authored a comic strip about law school Mike Pence Is As Unfunny As Every Other Law Student
(DBN)

Lawyer snagged in FBI sting pleads guilty to money laundering conspiracy
(DBN)

Acts of Disbarred Lawyers Called 'Most Shocking, Unethical' Ever
(DBN)

Ryan Lochte is indicted in Brazil
(DBN)

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Judges:

Why This Federal Judge Won’t Curse In An Opinion
(DBN)

The embattled judge who sentenced Brock Turner to just 6 months in jail won't be hearing any more criminal cases
(DBN)

Another judge is in the spotlight after athlete avoids prison in indecent assault case
(DBN)

Misconduct charges say judge ran 'fast-food court'
(DBN)

Changing The Bizarre Customs Of The Supreme Court
(DBN)

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Wall Street:

Stock futures mixed as possibility for rate hike sets in
(DBN)

European stocks slump as Yellen’s rate hike message sinks in
(DBN)

Stocks Close Mixed After Rising, Falling On Fed Chatter
(DBN)

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Layoffs:

Hundreds laid off at Ashley Furniture
(DBN)

Anheuser-Busch Expects To Cut 5,500
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Gambling:

Caesars Must Face $11 Billion In Lawsuits Caesars Refused Court Shield in Operating Unit's Bankruptcy Case Judge Denies Caesars Litigation Reprieve in Bondholder Battle Caesars Must Face Judgment in Bondholder Suits, Court Rules
(DBN)

Tepper likely to win $11B lawsuit against Caesars: sources
(DBN)

Caesars shares fall after judge blocks shield from bondholder suits
(DBN)

Caesars Entertainment owners blamed for failure to reach deal
(DBN)

Caesars could be forced into bankruptcy after judge's ruling
(DBN)

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Solar:

1 Utility Could Make a Windfall From SunEdison's Bankruptcy
(DBN)

SunEdison Wants Class Actions Consolidated In New York
(DBN)

GCL-Poly to Buy SunEdison’s Material Business for $150 Million
(DBN)

D.E. Shaw set to enter race for SunEdison's TerraForm Power-sources
(DBN)

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Retailing:

Sycamore Partners, liquidators bid on bankrupt U.S. teen retailer Aeropostale
(DBN)

Aéropostale Loses Bid to Rein in Sycamore - Judge says private-equity firm can wield its credit-bid at the bankruptcy auction of the retail chain Aeropostale's Future In Doubt As Auction Looms
(DBN)

Aeropostale's 10K jobs in balance, auction pushed to next week
(DBN)

Sports Authority customer data sold to Dick's, but customers can opt out
(DBN)

Sears Workers: Why The Company is Failing
(DBN)

Chapter 11 Watch
(DBN)

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Media:

Hulk Hogan continues his assault on Nick Denton
(DBN)

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Healthcare:

St. Jude says report by short sellers 'false and misleading'
(DBN)

Latest bankruptcies highlight nursing homes' continued struggles
(DBN)

America's sickest have big health costs, can afford to pay the least
(DBN)

Health Insurers’ Pullback Threatens to Create Monopolies
(DBN)

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Celebs:

Charlie Sheen money woes
(DBN)

Blue Jackets' Jack Johnson shuts out creditor from his contract - report
(DBN)

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Aviation:

Delta pilots, seeking 37% raise, picket headquarters Airline employees are getting huge pay raises Southwest Airline pilots take to picket lines
(DBN)

Falcon Air Express loses bid to resume ops
(DBN)

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Food/Beverage:

Flying Star's creditors allege owners 'mismanaged' company
(DBN)

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Biotech:

Court OKs sale of Atherotech assets to Chinese company
(DBN)

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Mass Torts:

Takata's Road to a Deadly Crisis
(DBN)

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Music:

SFX Disputes Creditor Call To Delay Ch. 11 Disclosure Action
(DBN)

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Economy:

Fed's Yellen says case for interest rate hike has strengthened Yellen Speaks, Stocks Rise Then Fall Treasuries Fall as Yellen Speech Signals Fed Rate Boost in 2016 For the Fed's Yellen 'conventional' unconventional policy is enough Fed's Mester: Makes sense for U.S. to start raising rates As Fed nears rate hikes, policymakers plan for 'brave new world' 2 Fed presidents play down chance of two rate hikes this year Dollar rockets to two-week high versus yen as Fed officials signal rate hikes
(DBN)

GDP Only Grew 1.1 Percent in 2Q
(DBN)

Central Banks Prepare for Brave New World
(DBN)

Initial Weekly Unemployment Claims Since 1971
(DBN)

Yellen Adds Kitchen Sink to Fed Toolkit
(DBN)

Consumers less optimistic about economy in August
(DBN)

U.S. jobs data to test case for rate hike
(DBN)

Fed could use reserves payments to stimulate U.S. economy: paper
(DBN)

Large Companies Sign Pledge to Reduce Gender Pay Gap
(DBN)

Banks are preparing for an ‘economic nuclear winter’
(DBN)

US Debt Clock
(DBN

World Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

PwC Reaches Settlement in Taylor Bean Lawsuit PricewaterhouseCoopers Settles $5.5 Billion Crisis Era Lawsuit
(DBN)

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Municipalities:

Puerto Rico's debt and pension woes come to a head
(DBN)

Treasury's Lew: Puerto Rico health funding urgent U.S. urges Puerto Rico task force to focus on healthcare
(DBN)

Puerto Rico’s Pensions: $2 Billion in Assets, $45 Billion in Liabilities
(DBN)

Court Strikes Down Puerto Rico 'Wal-Mart Tax'
(DBN)

PROMESA Off To A Non-Start - Governor Padilla Gets Time To Fill The Financial Lifeboats With A Select Few Before The Feds Show Up
(DBN)

The crumbling assumptions of US public pension plans
(DBN)

The Story Behind San Bernardino’s Long Bankruptcy
(DBN)

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Oil/Gas:

Oil rig count stalls after 8 weeks of growth
(DBN)

Oil above $48 on OPEC freeze hopes Oil prices pull back as investors lock in profits
(DBN)

Iran's Oil-Market Share Grab Seen Dimming Hopes for Freeze Talks
(DBN)

As oil stablizes, merger deals are back
(DBN)

McClendon’s Former Energy Unit to Discuss Debt Overhaul
(DBN)

4 pros and cons to buying oil and gas assets in bankruptcy
(DBN)

STX Offshore & Shipbuilding Aims to Stay Afloat
(DBN)

Look past OPEC freeze hype to really understand oil’s advance
(DBN)

OPEC export revenue tumbled to 2004 levels, EIA reports
(DBN)

Everything Points At Lower Oil Prices In The Next Weeks
(DBN)

Midstates unsecured creditors question new recovery proposal
(DBN)

Anadarko Petroleum Bleeding In Low Oil Environment, Forced To Sell Assets And Faces Liquidity Trouble
(DBN)

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Bankruptcy Crimes:

Long Beach resident Karl Robinson pleads guilty to bankruptcy fraud
(DBN)

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Mining:

Bad News for Minnesota’s Iron Range
(DBN)

Molycorp Urges Court To Convert, Not Dismiss, Mine's Ch. 11
(DBN)

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Politics:

How Donald Trump built his business empire Taxpayers built this New York golf course. Trump reaps the rewards Jim Rogers: If Trump does what he says there will be 'bankruptcy and war' ‘No Vacancies’ for Blacks: How Donald Trump Got His Start, and Was First Accused of Bias Donald Trump just threw a wrench into the debate about immigration Trump's 2,000-Mile Mistake Mika Brzezinski trashes Trump on 'Morning Joe': You don't know 'what you're doing to this country' Donald Trump's campaign is doing rhetorical backflips over his deportation force Top Republicans Who Won't Endorse Trump Donald Trump's new pitch to African-American voters is hitting a wall There’s a surprisingly similar theme in Donald Trump’s initial reaction to tragedies Trump Fact Check: Hillary wants to raise taxes on African-American owned businesses to as much as nearly 50 percent" How Trump wants to rule like Eisenhower
(DBN)

Clinton hints Clinton Foundation is 'winding down' Clinton leads Trump by 5 points in Reuters/Ipsos poll New Clinton ad attacks Trump's outreach to black voters Wolfowitz: I'm Probably with Hillary
(DBN)

Maine governor challenges 'son of a b----' politician to duel after leaving profanity-laced voicemail Maine Newspaper Apologizes for Its Governor Governor apologizes
(DBN)

Lawyer Sues Basically All Mainstream Media For RICO Violations For How They Report On Donald Trump
(DBN)

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Accounting:

PwC settles $5.5bn fraud detection lawsuit Settles $5.6B Negligent Auditing Case Mid-Trial
(DBN)

Fresh Start Reporting Critical for Companies Emerging from Bankruptcy
(DBN)

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Education:

ITT Tech's collapse could help former students wipe out their loans Crackdown on For-Profit Colleges May Free Students and Trap Taxpayers
(DBN)

Washers and dryers were added to 17 schools in Illinois and California and attendance rates shot up
(DBN)

Attorneys Spar Over Experts in Trump U. Case
(DBN)

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Electricity:

Energy Future wins court approval to exit bankruptcy TXU Energy, Luminant Cleared to Exit Bankruptcy - Court confirms plan of Energy Future units
(DBN)

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Metals:

How Bankrupt Is Horsehead Holding? Its Investors Want to Know
(DBN)

High noon for bankrupt Horsehead
(DBN)

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Shipping:

Creditors Weigh New Hanjin "Self-Rescue" Plan
(DBN)

Hanjin Shipping calls for help amid receivership threat
(DBN)

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Coal:

Feds to strengthen coal 'self-bonding' rule
(DBN)

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Taxis:

Taxi tycoon Evgeny Freidman owes $13M in taxes, NYC blasted for doing nothing about it
(DBN)

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New Bankruptcy Opinions
(7 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (22 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (7 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:

Top 10 states for ch. 11 filings (reporting over $10M in debt) if the 4 Texas court districts were counted as states
(DBN)

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Reclamation:

Reclamation Claims and Lien Priority
(DBN)

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Schedules:

Nice Explanation from Judge Alan Jaroslovsky of the Need for Accuracy in the Schedules
(DBN)

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Exemptions:

California Exemptions Bill is Defeated
(DBN)

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Proofs of Claim:

Circuit Split Deepens on Stale Claims as Violations of the FDCPA
(DBN)

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Means Test:

Ownership or Lease Not Required to Claim Auto Expense Deduction
(DBN)

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Insurance:

Appellate Court Vindicates Insurers’ Position That Coverage Dispute Is Not A Core Bankruptcy Matter
(DBN)

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Gambling:

Icahn, Union Argue Reasons for Trump Taj Mahal Closure
(DBN)

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Consultants:

Alvarez & Marsal Adds Miller to Restructuring Group in Atlanta
(DBN)

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Ethanol:

Ethanol producers Green Plains, KAAPA prosper as they snap up plants sold in bankruptcy
(DBN)

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Corporate Reform:

Maybe We Clamped Down Too Hard on Finance
(DBN)

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Religion:

Law professor to speak on church bankruptcies
(DBN)

Back-to-school legal troubles at 2 Catholic high schools
(DBN)

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Autos:

What If VW Can't Fix Its Diesel Engines?
(DBN)

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Telecoms:

Ex-Lightsquared CEO Takes Bankruptcy Suit To High Court
(DBN)

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UK:

Last 22 BHS finally close their doors today for the last time An 88-year-old retail giant disappears from Britain's high street
(DBN)

Former BHS boss says he was 'stitched up' by Sir Philip Green when he bought chain
(DBN)

The real casualty of Brexit: reputations of economists who predicted doom
(DBN)

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EU:

German economy minister says EU-US free trade talks have failed US to blame for trade talks failure: French minister
(DBN)

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PIIGS:

Greek PM renews debt relief request
(DBN)

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South Korea:

Hanjin Shipping may face court receivership Hanjin Shipping's creditors hint the shipper to head to court
(DBN)

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India:

Kingfisher Airlines case: Ex-chiefs of banks get summons from SFIO
(DBN)

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Bolivia:

Striking miners beat the Bolivian deputy interior minister to death
(DBN)

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China:

Chinese banks braced over industrial restructuring
(DBN)

Digging Into China’s Growing Mountain of Debt
(DBN)

Bankruptcy courts to deal with surge in bond defaults
(DBN)

China's Largest Private Shipbuilder to Cut 2000 Jobs in 2016
(DBN)

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South Africa:

Opposition calls for urgent meeting to rescue state airline
(DBN)

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New Zealand:

Canterbury's 'bloody problem': Hundreds of building-related firms failing
(DBN)

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Peru:

Peru changes bankruptcy law in bid to save historic La Oroya smelter
(DBN)

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Romania:

Number of insolvencies, down by 22% in Romania
(DBN)

Big Romanian energy producer goes into insolvency again with higher debt
(DBN)

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Australia:

An ounce of prevention is worth a pound of cure – Lessons from ASIC v Sino
(DBN)

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Germany:

German Insolvency Law – an overview
(DBN)

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