August 5, 2016

The Daily Bankruptcy News

View prior editions: Click Here
View prior case summaries: Click Here
Search prior headlines: Click Here
Search prior case summaries: Click Here

Format For Mobile Device



Law:

$180K in ‘Some Pretty Irrational Places’
(DBN)

This shrinking law firm tops ‘A-List’; is it a ‘one-horse firm’? What Firms Are Atop The A-List? (2016)
(DBN)

Reinventing The Law Business: How Do I Make Partner In A Biglaw Firm? Tell Me The Truth, For Heaven’s Sake
(DBN)

The agony of invoices: When it comes to the math, humans are no match for machines
(DBN)

Why Are Lawyers So Happy?
(DBN)

BLP bungles pay freeze and now pays starting lawyers more than experienced lawyers
(DBN)

Diversity is a Business Imperative for Law Firms
(DBN)

Navigating Disruptions in Legal Service Delivery
(DBN)

Allowing Law Students To Fail The Bar Exam Is NOT A Good Way To ‘Diversify’ The Legal Profession
(DBN)

Greek lawyer had no idea he had qualified for the Olympics a year earlier until he read a website 3 months before the games began
(DBN)

Lawyer accused of s---ing client gets interim suspension
(DBN)

Governor who blocked public-defender budget increases is ordered to represent indigent defendant
(DBN)

Firm "shocked" at racist deluge after Sharia law advert
(DBN)

Litigation Funding Moves Into Mainstream
(DBN)

Can You Guess What This Person Was Charged With?
(DBN)

A Missouri public defender was so fed up with budget cuts he assigned a case to the governor
(DBN)

Pro-Trump Husband Arrested for Attacking Pro-Clinton Wife After Election Feud
(DBN)

Evaluating The Attorneys Of ‘The Night Of’
(DBN)

______________

Judges:

Man accused of slapping judge in smoking dispute is acquitted of hate crime, battery
(DBN)

Kozinski Declares War on 'Fat Briefs'
(DBN)

BK CD CA: Edict From Judge Maureen Tighe
(DBN)

Judge sues litigant who accused him of conspiring with bank in foreclosure case
(DBN)

Supreme Court Clerk Hiring Watch: An Analysis Of The October Term 2016 Clerk Class
(DBN)

Trump's Meaningless Vow on the Supreme Court
(DBN)

______________

Wall Street:

U.S. stocks set for gains as traders brace for upbeat jobs report
(DBN)

US stocks close mostly flat ahead of jobs report
(DBN)

______________

Layoffs:

Empire Mine stops production; More than 200 employees to be laid off
(DBN)

Trump Taj Mahal Casino to Close, Eliminating 3,000 Jobs
(DBN)

MetLife to Cut Costs by $1 Billion Through 2019
(DBN)

Dollar Tree to cut 370 Family Dollar jobs
(DBN)

FireEye plans hundreds of layoffs
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Politics:

Mike Pence Endorses Paul Ryan After Donald Trump’s Refusal
(DBN)

Trump Collapses In Battlegrounds Hillary Clinton soars to 15-point lead over Donald Trump How Did Trump Unravel the GOP? Will Trump Bail? Cows! Squirrels! Airplanes! The Many Thoughts of Donald Trump Democratic Senate nominee fires back after Donald Trump calls her state's capital a 'war zone' Giuliani: It's Newt Gingrich's fault everyone's saying there's a Trump 'intervention' Listen carefully to how Donald Trump says he'll fix a 'rigged' America Trump's presidential campaign is hurting his business Paul Ryan Is Standing By Donald Trump—at a Distance Paul Ryan Stands by Trump Endorsement, but Says It’s No ‘Blank Check’ Photos of Melania Trump suggest that she may have been working illegally in the United States Trump's Worst Enemy Donald Trump's Colorful Business Partners Will Donald Trump be able to hold on until November?
(DBN)

Donald Trump's New York Campaign Chair: President Obama "Is Not a Christian"
(DBN)

The difference in GOP rhetoric from this 1980 debate is astounding
(DBN)

Turns out a presidential candidate could win the election with just 22% of the popular vote
(DBN)

Elizabeth Warren on why Wall Street prefers Clinton: ‘Nuclear war is bad for business’
(DBN)

How Clinton and Trump Lost Our Trust
(DBN)

____________

Religion:

Attorneys fees mount in Duluth diocese bankruptcy
(DBN)

____________

Alternative Energy:

SunEdison Cancels Yieldco Payments, Fraying Relationships
(DBN)

Brookfield Renewable CEO Says Weighing Sale of Wind Farms
(DBN)

____________


Economy:

July jobs report: Will it be dazzling, ugly or more in line?
(DBN)

This map shows what $100 is actually worth in your state
(DBN)

The jobs report leaves out a big part of the economy
(DBN)

Obama Is Right on the Trans-Pacific Partnership
(DBN)

`Helicopter Money' Is Coming to the U.S.
(DBN)

The Fed Is Losing Control of Monetary Conditions
(DBN)

US Debt Clock
(DBN

World Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

New U.S. mortgage rules aim to stop wrongful foreclosures
(DBN)

Private Fixed Investment in Offices, Lodging and Malls Since 1959
(DBN)

Real estate prices could drop by 5%
(DBN)

Maturity Defaults Push CMBS Delinquencies Up in July
(DBN)

____________

Municipalities:

Federal appeals court hears arguments against Michigan's emergency manager law
(DBN)

Debt Restructuring Deal For Puerto Rico Power Authority Will Not Restore Agency To Financial Health
(DBN)

Puerto Rico task force asks for help in charting island's economic course
(DBN)

Crystal City on the verge of bankruptcy
(DBN)

____________

Oil/Gas:

Oil jumps nearly 3% as US crude rises firmly above $40 on short-covering Oil Soars 6 % As Andy Hall Warns Of A “Violent Reversal”
(DBN)

Chesapeake Energy cut debt by $1 billion
(DBN)

W&T Offshore warns of potential bankruptcy after $121 million loss
(DBN)

Ryckman Still Facing Hurdles As Ch. 11 Confirmation Nears
(DBN)

Activist Investors About To Shake Up The Oil Patch
(DBN)

Maxus Energy's Creditors Blast DIP Loan As Scheme By Parent
(DBN)

Crude slump sees oil majors' debt burden double to $138 bn
(DBN)

Where Is The Value In The Oil Patch?
(DBN)

Houston-based oil producers cut costs but still post losses
(DBN)

If Billionaire Oil Traders Are Right About $80 Oil , Buy This Dip
(DBN)

Oil Traders See Glimmer of Profit Ahead in Storing Crude at Sea
(DBN)

____________

Gambling:

Carl Icahn is fleeing Atlantic City after burning $100 million on the Trump Taj Mahal Icahn: Union got Taj Mahal casino workers to kill own jobs
(DBN)

The rise and fall of Trump's once-crown jewel, the Trump Taj Mahal
(DBN)

Carl Icahn can profit from Trump Taj Mahal casino flop
(DBN)

____________

Coal:

Bankrupt coal miner Peabody proposes $11.9 mln in executive bonuses Peabody Wants To Pay Execs $12M To Keep Hustling In Ch. 11
(DBN)

____________

Student Debt:

Is the government making money off your student loans?
(DBN)

Best & Worst States for Student Debt
(DBN)

____________

Retailing:

Retail Outlets Are on the Outs
(DBN)

Golfsmith Is Considering Filing for Bankruptcy Golf’s Lost Appeal Leaves Nike, Golfsmith Singing Bogey Blues
(DBN)

____________

Defaults:

S&P: 107 Global Corporate Defaults so far in 2016
(DBN)

US Leveraged Loan Defaults Hit 16-Month High of 2.17%
(DBN)

____________

Electricity:

Energy Future Seeks Court's Approval on Deal With NextEra
(DBN)

____________

Lehman:

Lehman Bros. Suit Over Credit Swap Terminations Narrowed
(DBN)

____________

Debt Collection:

FDCPA Case Law Review for July 2016
(DBN)

____________

 


New Bankruptcy Opinions
(11 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (18 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (37 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)

______________

Bankruptcy Statistics:

US oil and gas bankruptcies rise above 90 as the crude downturn continues
(DBN)

Massive decline in bankruptcies leaves lawyers with less work
(DBN)

Ohio bankruptcies continue steady fall
(DBN)

______________

Receivers:

Missouri Commercial Receivership Act Creates a New Statutory Scheme Which Presents a More Robust Remedy
(DBN)

____________

Safe Harbors:

7th Circ. Limits Section 546(e) Safe Harbor
(DBN)

____________

Mediation:

How Mediation Developed — A Local Example (Part 2)
(DBN)

____________

Aviation:

SeaPort hit with $500K FAA fine; plans to come out of bankruptcy later this year
(DBN)

____________

Exemptions:

Divorcing Couples Not Stuck with Exemptions Claimed at Filing
(DBN)

____________

Maritime:

Maritime Law and Insolvency.
(DBN)

____________

UK:

Analysts Think the Plunge in Sterling is Only Just Beginning
(DBN)

What Brexit will do to Britain, according to the Bank of England
(DBN)

Brexit’s Toll Starts to Show in Prices of Consumer Goods
(DBN)

Goldman Sachs warned it may have to 'restructure' its post-Brexit business in the UK
(DBN)

Simmons & Simmons chops lawyers
(DBN)

Two more law firms blame Brexit as they freeze pay
(DBN)

Addleshaws cancels bonuses and pay reviews for all partners
(DBN)

Ashurst: Changing remuneration is not enough
(DBN)

____________

PIIGS:

But we ARE worried! Italy’s Bank chief says don’t fret over £304BILLION debts
(DBN)

Bain buys 1.1 bln euro Spanish property and loan portfolio
(DBN)

____________

India:

Bankruptcy, insolvency related work out from Fin Min domain
(DBN)

____________

Netherlands:

Jones Day adds partner Jasper Berkenbosch to Business Restructuring & Reorganization Practice in Amsterdam
(DBN)

____________

Brazil:

Brazil's Oi refers investor meeting request to bankruptcy judge
(DBN)

____________

Australia:

Rockingham ' bankrupt capital of Australia': tough times bite for locals
(DBN)

____________

Russia:

New Witness Filing in Ongoing Yukos Battle
(DBN)

____________


The Daily Bankruptcy News is primarily a curated news link gathering service.   Most of the headlines contained in the publication are a collection of links to stories posted on the Internet by various third party publications.  Such content is owned by third party sources, not The Daily Bankruptcy News, and in some cases, these links change or expire, which means you may not be able to view some news stories in prior editions of the Daily Bankruptcy News. The DBN subscription fee is not a fee for access to the content of the links, but is a charge for the considerable work involved in gathering, organizing and presenting the links. Use of this site and The Daily Bankruptcy News is subject to our Terms of Use. If you received The Daily Bankruptcy News via email (and you have a paid subscription account), to view a news story, click on the headline, and the story should open in your web browser. To view additional stories, click back to the email and click on additional headlines, which will cause new stories to open in your web browser.  You can view the Daily Bankruptcy News on the web by clicking here.

Advertising
Advertising is available in The Daily Bankruptcy News. Click here for details  Feel free to contact us with any questions.

Passwords/Subscriptions
Access to certain links in The Daily Bankruptcy News is available only to readers holding a paid service subscription. These links are currently marked with a "DBN" notation. The cost of a subscription is $63/year, payable annually.  Volume discounts are available for sites with multiple users. Click here to see a schedule of discounts. Complimentary subscriptions are available for full-time educational and governmental employees and for full time students. For information about discounts or educational/governmental subscriptions, contact us by clicking here. A separate password is required for each member of a firm wishing access to restricted links.

New readers can receive a free password good for 30 days by clicking here. 30-day passwords are not available to readers who have previously had a password, even if the password was associated with a different email address used by the reader. Refunds are not available after purchase.

Readers who wish to change their passwords should click here. Readers who have forgotten their password should click here.

Adding Your Email Address To The Distribution List
If you would like to start receiving The Daily Bankruptcy News by email each day, click here, and fill in the information requested. There is no charge to be placed on the distribution list to receive the headlines, although access to many of the links behind the headlines requires a paid subscription (see above, under Passwords). If, after adding your email address to the distribution list, you do not receive an email confirming the addition, please contact us by clicking here for help.

Removing Your Email Address From The Distribution List
If you already receive The Daily Bankruptcy News by email and you wish to remove your email address from the distribution list, click here and send the email that should appear. You do not need to type anything in the body of the email message. Note that the email asking for removal must be sent from the same email address which is on our distribution list. If you do not receive an email confirming deletion of your email address from the distribution list, contact us by clicking here for help.

If receive the publication forwarded from an older email address, you will need to contact us as described below for help removing that older address from our distribution list.

Press Releases/News Tips
Please send press releases and news tips to admin@bkinformation.com

Contact Us
The Daily Bankruptcy News is published each business day by BKINFORMATION.COM, L.L.C. You can phone or text us at 281-402-3957. You can email us at accounting@bkinformation.com (email inquiries are usually answered substantially more quickly than phone inquiries). Our mailing address is 935 Eldridge Road, No. 350, Sugar Land, Texas 77478.

Copyright 2016