December 1, 2016

The Daily Bankruptcy News

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Law:

Associate Bonus Watch: The Skadden Shoe Drops
(DBN)

Associate Bonus Watch: The First Magic Circle Firm Speaks
(DBN)

Associate Bonus Watch: Firm From The ‘Good’ Part Of Pennsylvania Matches
(DBN)

Associate Bonus Watch: Now These Are Some Sterling Bonuses
(DBN)

Associate Bonus Watch: A Biglaw Firm That May Sweeten The Bonus Pot
(DBN)

More About Making Partner At Sullivan & Cromwell (Part 1)
(DBN)

Defunct Heller Ehrman Opens Fight for Fees Before Calif. High Court
(DBN)

It’s That Time Of Year For The Law Firm Annual Report
(DBN)

Should Lawyers Avoid Online Legal Resources Because They’re Free?
(DBN)

Is Big Law Ready to Retire? Largest 401(k) Plans in the Industry
(DBN)

More women are attending law school, but at lower-ranked schools, study finds
(DBN)

More Law Degrees for Women, but Fewer Good Jobs
(DBN)

A Woman Lawyer’s Hard Lesson: You Can’t Have It All
(DBN)

General Counsel Compensation Jumped in 2015
(DBN)

Dean Resigns After Abysmal Bar Passage Numbers
(DBN)

Want Respect From the Business-Side? Focus on Fees, Report Says
(DBN)

4 Tips For Surviving Times Of Transition
(DBN)

Keeping It Casual: Nearly Six In 10 Lawyers Prefer Less Formal Work Environment, Survey Finds
(DBN)

Allen & Overy posts record half-year revenues with 13% hike
(DBN)

Meet the Law Student Who Snagged a Rhodes Scholarship
(DBN)

Alleged go-between is indicted in Markel case; misdirected ‘jerk’ email emerges in discovery tussle Noose Tightens Around In-Laws With Indictment in Murder of Jewish Professor Dan Markel
(DBN)

New York City police are looking for a thief who walked off with a bucket full of $1.6 million in gold flakes
(DBN)

Manhattan US attorney will stay in his position after Trump becomes president
(DBN)

Former Biglaw Mailroom Clerk Writes Book Called ‘The Law Firm That Called Me The N-Word’
(DBN)

16 secrets to being exceptionally likable
(DBN)

Prosecutor In Hot Water For Using A Wiretap To Spy On A Love Interest
(DBN)

Wisconsin law firm will close after most of its remaining lawyers join another firm
(DBN)

Disbarred lawyer threatens suit; he was accused of bringing pepper spray, stun gun to deposition
(DBN)

A former lawyer for Casey Anthony is held without bail in alleged drug smuggling scheme
(DBN)

Drunk Drivers Forced to Listen to Nickleback
(DBN)

Cop Killed Fleeing Suspect Claiming Total Fear
(DBN)

The latest research on rampage shootings shows gunmen rarely target gun-free zones
(DBN)

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Judges:

Judge Posner Slams 'Stupid' Decisions by Chief Justice Roberts, 'Silly' Stances by Scalia
(DBN)

Among Trump’s potential SCOTUS picks, these rate highest for ‘Scalia-ness,’ study says
(DBN)

Trump SCOTUS Shortlister Joan Larsen Is Fast-Rising Star
(DBN)

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Wall Street:

U.S. equities tread water as investors take stock
(DBN)

US stocks mixed at close of trade
(DBN)

The unofficial Goldman Sachs gift guide for 2016
(DBN)

Trump’s election win has been great news for Goldman Sachs
(DBN)

Here's what Wall Street's top performers expect from their bonuses this year
(DBN)

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Layoffs:

GoPro to Cut 15% of Jobs Amid Restructuring
(DBN)

Troy employees advised layoffs needed
(DBN)

DeKalb Medical lays off 60 workers, announces CEO resignation

Pittsburgh newspaper prints last edition, lays off 106
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Student Debt:

U.S. to Forgive at Least $108 Billion in Student Debt in Coming Years The US will forgive over $108 billion in student debt—wildly more than anyone thought
(DBN)

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Media:

What It Was Like to Manage Gawker During Its Hulk Hogan Debacle
(DBN)

Gawker Agrees to Alter Story About DailyMail.com in Settlement With Mail Online Daily Mail's price for Gawker settlement: Words, not money
(DBN)

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Education:

ITT's bankruptcy fallout includes warehouse of paperwork
(DBN)

Dowling cites bond burden in bankruptcy filing
(DBN)

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Solar:

Solar Company Verengo Cancels Bankruptcy Auction, Seeks Sale to Crius Energy Unit
(DBN)

SunEdison Inc Creditors, Shareholders do Battle Over Insurance
(DBN)

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Sporting Goods:

Investors, creditors strike deal in row over Performance Sports sale
(DBN)

Performance Sports gets court nod for stalking horse bid
(DBN)

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Asset Recovery:

How to Hide $400 Million
(DBN)

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Golf:

Las Cruces Country Club files for bankruptcy
(DBN)

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Healthcare:

U.S. judge allows investors to sue Palmaz Scientific founders for losses
(DBN)

Why the Medical Industry Isn't Panicking Yet Tom Price's Healthcare Agenda
(DBN)

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Coal:

Why Trump Will Be Unable To Save The American Coal Industry
(DBN)

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Economy:

Fed's Beige Book: Modest to moderate expansion, Tightening labor market
(DBN)

Fed: The economy continues to grow across much of America
(DBN)

Fed survey shows presidential election yet to effect economy
(DBN)

Trump's Middle Class: What Can be Done?
(DBN)

Consumer confidence now back to pre-recession levels
(DBN)

Why the Trump Team’s Economic Promises Will Be Hard to Execute
(DBN)

Numbers Don't Add Up for Trump's Trillion-Dollar Building Plan
(DBN)

Trump’s Short-Term Carrier Win Official: Carrier Deal About Federal Contracts Carrier: Trump Gave US State Incentives How Trump Plans to Keep Jobs in America: Pressure and Promises Trump's obsessive micromanagement could be a major liability as president The Sweeping Effects of Trump's Deal With Carrier
(DBN)

A pattern is emerging with Trump's deals to save US manufacturing jobs Carrier to Trump: We still believe in the benefits of free trade
(DBN)

NY Fed: Household Debt Increased Slightly in Q3 2016, Mortgage Delinquency Rates Declined
(DBN)

Personal Income increased 0.6% in October, Spending increased 0.3% U.S. Consumer-Spending Gain Moderates as Incomes Increase
(DBN)

Ross Brings to Commerce Resume Spanning Profit and Politics How Trump's commerce secretary pick helped save a local bank Ross: NAFTA is Starting Point on Day 1
(DBN)

Household Debt Service from 1990-2016
(DBN)

How baby boomers became the most selfish generation
(DBN)

Steven Mnuchin's Defining Moment: Seizing Opportunity From the Financial Crisis Steven Mnuchin: Banker with talent for reinvention Trump's pick for Treasury has financed some of Hollywood's biggest blockbusters of the past decade Bernie Sanders and Elizabeth Warren scorch Trump's Treasury secretary as 'hypocrisy at its worst' What the Treasury Secretary Actually Does (That Affects You) Mnuchin Made Millions From Financial Crisis
(DBN)

ADP: Private Employment increased 216,000 in November
(DBN)

Elizabeth Warren: Trump's Treasury secretary was the 'Forrest Gump of the financial crisis'
(DBN)

Report: Trump is considering Goldman Sachs president Gary Cohn for a big role in his administration
(DBN)

Trump’s new Treasury, Commerce nominees say no ‘absolute’ tax cut for the wealthy, predict faster economic growth Wealthy Seen Snaring a $21 Billion Gift With Trump Tax Overhaul
(DBN)

Many Boom-Time Startups Are Fizzling Out
(DBN)

Inflation is eating up American paychecks
(DBN)

The 15 US cities where residents have the healthiest finances
(DBN)

What Trump Might Do for Working-Class Families
(DBN)

Will Trump Trump China’s U.S. Shopping Spree?
(DBN)

Bank of England Sees Global Financial Risks
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Trump Treasury pick: Fannie Mae and Freddie Mac will be privatized Mnuchin: Time to Ditch Freddie, Fannie Privatization talk sends Fannie Mae, Freddie Mac stocks soaring to 2-year high
(DBN)

NAR: Pending Home Sales Index increased 0.1% in October, up 1.8% year-over-year
(DBN)

Home Values Rebound, but Not for Everyone

The Fed confirmed some of the most troubling trends in Manhattan real estate
(DBN)

Americans rush to refinance as mortgage rates keep rising
(DBN)

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Municipalities:

Dallas: Mayor's Posture on Pension Fund Will Inspire Only Panic Among Members
(DBN)

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Oil/Gas:

Oil, Gas Bankruptcy Fears to Linger Through 2017
(DBN)

OPEC Agrees to Cut Production in Drive to End Record Glut The OPEC Deal: Here Are The Details The surprise OPEC oil deal that was 2 years in the making OPEC Reaches Deal to Cut Oil Production Oil back above $50 as Opec agrees supply cut OPEC Crude Cut Could Push Oil to $75 Per Barrel in 2017 OPEC just burned short sellers and injected life into US fracking stocks OPEC Agrees To First Cut In Oil Production Since 2008 Oil Prices Spike As OPEC Agrees To Cut Production OPEC in first joint oil cut with Russia since 2001, Saudis take "big hit" $3 Billion In 3 Hours: Energy Mogul Hamm Cashes In On OPEC Deal The OPEC deal might not be a game-changer for the Saudis What the OPEC Production Cut Will Really Mean for Oil Prices Why OPEC negotiations are so important for Saudi Arabia and the oil price OPEC Oil Cuts May Revive US Fracking Boom OPEC Deal Pops Shares Of America's Oil Frackers OPEC Deal Could Be a Boon to World Economy Amid Shifting Dynamics Will OPEC's Cut Stop The Economic Time Bomb? OPEC Cut Could Give Lifeline to U.S. Shale Producers Texas Shale Is Big Winner as OPEC Deal Brightens Oil Outlook
(DBN)

Crude inventories shrink
(DBN)

OPEC deal gives oil best day in seven years
(DBN)

Here's Why the OPEC Oil Rally Is Likely to Be Short-Lived $1 Trillion Money Manager Downplays The OPEC Deal 4 factors that will decide how much juice is left in oil’s post-OPEC rally
(DBN)

The 10 largest upstream impairments recorded in U.S. oil & gas in 2016 so far
(DBN)

Chesapeake's Cash Flow Problems
(DBN)

Korean shipyard restructuring: what does it mean for offshore rig construction?
(DBN)

Oilfield Services See A Silver Lining In The Oil Price Bust
(DBN)

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Politics:

Trump Says He Will Take Himself Out of Business Operations Trump announces he will leave business ‘in total’ — leaving open how he will avoid conflicts of interest New stash of legal opinions detail hurdles for Trump on emoluments ban Trump faces challenges in separating from business - legal experts Trump's Business Is Not Too Big to Sell Vague Trump Vow to Exit Company Leaves Questions Unanswered Office of Government Ethics gushes over Trump move in bizarre tweetstorm Ethics Office Praises Trump, but He Did Not Say He’d Divest The Official U.S. Ethics Office Just Got Snarky With Donald Trump on Twitter Trump once accused his deputy commerce secretary's family of having 'a lot to hide' Secretary Of State 'apprentice': Down to the final 4 Trump's Cabinet picks are 'creatures of Wall Street' 'This is not about you': Obama gives his advice to Trump Still Short On Goldmanites, Trump Administration Eyeing Blankfein BFF Gary Cohn The FBI may have also been investigating Trump when Comey announced additional Clinton emails Trump seems way behind on intelligence briefings and national security appointments Donald Trump is assembling the richest administration in modern American history
(DBN)

Bernie Sanders: 'I wish to God I'd had the opportunity' to run against Trump
(DBN)

Many of Trump's Own Supporters Don't Think He'll Fix America
(DBN)

David Petraeus would have to inform his probation officer if Trump hires him as secretary of state
(DBN)

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Autos:

6 million Americans have stopped paying their car loans, and the Fed is worried
(DBN)

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Education:

Dowling College Oakdale And Brookhaven Properties To Be Sold In Bankruptcy
(DBN)

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Personal Finance:

How to split the bill when you're out to dinner with close family members
(DBN)

Here's a financial adviser's best advice on what to do if you live with someone who hates when you spend money
(DBN)

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Climate:

The West Antarctic ice shelf is breaking apart from the inside
(DBN)

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New Bankruptcy Opinions
(4 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (13 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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SCOTUS:

Argument preview: Structured Dismissal - Dismissing Chapter 11
(DBN)

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Discharge:

Chapter 7 Discharge: When Is In Rem Not In Rem?
(DBN)

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Exemptions:

CA: In re Diaz, a different view of the homestead exemption
(DBN)

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Bankruptcy Forms:

Pending Changes in the Bankruptcy Forms
(DBN)

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Interest:

What’s a Cure, Anyway? Ninth Circuit Holds Creditor Entitled to Post-Default Interest Rate
(DBN)

Ninth Circuit Requires Debtors to Pay Interest at Default Rate to Cure Default
(DBN)

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Automatic Stay:

Cutting Off Medicare Funding Is Exempt from the Automatic Stay, First Circuit Says
(DBN)

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Awards:

Who's Who: Restructuring & Insolvency 2017
(DBN)

American College of Bankruptcy Announces 2016 Pro Bono Grantees
(DBN)

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Corporate Reform:

Treasury Choice Steven Mnuchin Vows to 'Strip Back' Dodd-Frank
(DBN)

Future is cloudy for Dodd-Frank and financial regulatory agencies under Trump presidency
(DBN)

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Food/Beverage:

Logan's parent wraps up bankruptcy reorganization
(DBN)

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Retailing:

American Eagle Same-Store Sales Growth Disappoints
(DBN)

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Fraud:

Steve Cohen is paying $135 million to settle an insider trading case from his old hedge fund
(DBN)

November 2016 Ponzi Scheme Roundup
(DBN)

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Tax:

Coinbase ordered to turn over customers' records to IRS
(DBN)

Credit Suisse Said to Freeze Accounts in U.S. Asset Search
(DBN)

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Religion:

Twin Cities archdiocese's bankruptcy costs approach $12 million
(DBN)

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Corporate Governance:

Supreme Court Underscores Delaware Policy on Advancement for Directors and Managers
(DBN)

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UK:

Scotland's new Bankruptcy Act in force from today
(DBN)

Citi Said to Weigh Derivative Desk Move to Frankfurt on Brexit
(DBN)

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EU:

Malta last in insolvency rankings
(DBN)

EU Holds Its Breath Ahead of Italian Vote There's a huge chance that Italians will vote 'No' in the referendum What happens if Italy votes ‘no’ on Sunday
(DBN)

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PIIGS:

Greece backs out of gas deal pledged to creditors
(DBN)

Italy: Case law builds up confirming that claims assigned during an insolvency procedure cannot be set off
(DBN)

Italy’s exit from the Eurozone is almost inevitable
(DBN)

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Canada:

US Steel Canada bankruptcy protection extended again
(DBN)

Canadian Grocer’s Debt Is Priced as Junk
(DBN)

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Singapore:

Viewing The Hanjin Collapse In Singapore With A Different Lens: The Companies (Amendment) Bill 2017.
(DBN)

Singapore Restructuring & Insolvency Reform Update: A New Hub for Insolvency and Restructuring
(DBN)

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China:

Why China's Economy Has Suddenly Gone On a Tear
(DBN)

China's manufacturing sector hasn't looked this good in over 2 years
(DBN)

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India:

Crowds Are Literally Locking Bankers Up Over India's Cash Crunch
(DBN)

India - Bankruptcy Code On Its way!
(DBN)

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Mexico:

Mexico: Restructuring & Insolvency 2017
(DBN)

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South Korea:

Korea Household Debt Evokes 1997 Crisis
(DBN)

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Aruba:

Aruba's Tiara Air declared bankrupt
(DBN)

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Copyright 2016