December 14, 2016

The Daily Bankruptcy News

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Law:

Partner profits increase even as law firm demand remains flat; is it an unsustainable model?
(DBN)

Vinson & Elkins Names New Bankruptcy Partner
(DBN)

The Legal Industry Is Still On Life Support
(DBN)

Report to Law Firms: 2017 Ain’t Looking Great Citi Report Claims Growth Will Remain Slow in 2017
(DBN)

Susman Godfrey Touts Top-End Associate Bonuses
(DBN)

Most Firms Feel Assured in Cybersecurity Abilities, but is That False Confidence? Facing a Data Breach Suit Without the Data Breach? Scary.
(DBN)

Wells Fargo Scandal Spins Off Work to Web of Law Firms
(DBN)

Is ‘More Than 50%’ of Harvard Law School on Drugs?
(DBN)

Crowell and Herrick Feinstein are reportedly discussing a merger
(DBN)

Dentons bows out of race for KWM EUME business
(DBN)

Linklaters partners face longer route to the top after lockstep shake-up
(DBN)

Susman's Santa: Bonuses Up to $140K and Designer Canapes!
(DBN)

Associate Bonus And New Partner Watch: Susman Godfrey
(DBN)

Congratulations To The 2017 Skadden Fellows
(DBN)

Bankruptcy MVP: Skadden's Jay Goffman
(DBN)

Brad Hildebrandt is ‘Bullish … Conservatively Bullish’ on Law Firms
(DBN)

Lawyer seeks to identify author of three-word ‘horrible’ Google review
(DBN)

Is Doxing Unethical For Lawyers?
(DBN)

Law Student Shot In Head, Killed In Officer-Involved Shooting
(DBN)

California Bar Exam Results By Law School (2016)
(DBN)

Tiffany Trump Tours Another Top-Flight Law School
(DBN)

5 Ways E-Discovery Will Change in 2017
(DBN)

20 of the fastest growing business apps in 2016
(DBN)

How To Fit It All Into Your Schedule
(DBN)

Former Tenured Prof Sues Atlanta's John Marshall Law School For Racial Discrimination
(DBN)

Lawyer Takes On Scourge Of Christmas Music
(DBN)

Ze Has Arrived
(DBN)

Oklahoma may force businesses to post signs in bathrooms urging women not to get abortions
(DBN)

Biglaw Associate Sues D.C. Metro After Terrible Accident BigLaw firm represents one of its associates in $50M suit over subway station injury
(DBN)

Variety Fuels Billion-Dollar Litigation Finance Funds Of Tomorrow
(DBN)

Why You Should Consider Leaving Law For Law
(DBN)

Lawyer quit job after three weeks over 'nightmare' commute
(DBN)

Court: Wife May Not Use Facebook to Notify Husband of Divorce
(DBN)

‘Westworld’ Co-Creator Keeps Her Law License Active, Just In Case
(DBN)

Police Literally Drag Woman Off Plane for Allegedly Not Following Boarding Procedure
(DBN)

Law firm partner resigns amid Christmas party grope claims
(DBN)

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Judges:

Disgraced Judge Cleared of Racial Bias Claims
(DBN)

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Wall Street:

Dow looks likely to hang tight just under 20,000, as Fed decision looms
(DBN)

U.S. stocks close at records; Dow closes just shy of 20000
(DBN)

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Layoffs:

Biogen to cut more than 200 jobs
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Politics:

Exxon CEO Rex Tillerson Faces Senate Dissent as Potential State Pick Trump's first big battle Let Trump's Election Stand Exxon CEO Has the Skills for a Better Russia Policy CIA: Why Russia Wanted Trump to Win Ethics experts: 'Nothing of consequence has changed' Trump Isolates Himself with CIA Attack The Coming GOP War Over Russia Trump's choice for Secretary of State called the trade agreement Trump regularly roasts a 'promising development'
(DBN)

The cringeworthy 2011 moment when Rick Perry couldn't remember the name of the department he is now tapped to lead
(DBN)

Wilbur Ross once ushered deal for Trump to keep Taj Mahal
(DBN)

Little Confidence in Trump from ConLaw Scholars
(DBN)

Labor secretary saved these burger chains from near bankruptcy
(DBN)

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Bankruptcy Crimes:

Lynchburg man pleads guilty to bankruptcy fraud
(DBN)

Bend businessman admits to federal tax fraud
(DBN)

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Television:

Lawsuit Claims Private Equity Giant and 21st Century Fox Schemed to Strip 'American Idol' Producer
(DBN)

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Banking:

Another Wells Fargo Fraud Proves Financial System Still Broken Wells Fargo just failed a huge test for a second time
(DBN)

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Economy:

The war between Yellen and Trump
(DBN)

Message to Yellen: Don’t dodge questions on Trump stimulus plans
(DBN)

Fed expected to raise interest rates but won't tell market what it wants to hear
(DBN)

'Bond king' Gundlach says US 10-year Treasury yield above 3% will harm stocks, housing
(DBN)

Jose Canseco Sets Uncharacteristically Modest Goals For Fed Chairmanship
(DBN)

Americans More Willing to Cut Social Security
(DBN)

Consumers’ Outlook on Credit Availability Improves in November
(DBN)

Credit Card Debt Could Cause Next Financial Meltdown
(DBN)

One key thing is missing from small business owners' euphoria over Trump's win
(DBN)

American Opportunity Stalls: 'We're Not as Connected to Each Other'
(DBN)

S&P 500 companies to save $87.1 billion if Trump tax plan passes
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Here's how a Fed rate hike will impact mortgage payments in 12 major US cities
(DBN)

Manhattan Site for Supertall Condo Finds New Owner at Bankruptcy Auction
(DBN)

Trump's Treasury Pick Has a $230 Million Blemish on His Record
(DBN)

MBA: New home sales rise 12% in November
(DBN)

Mortgage Equity Withdrawal as Percent of Disposable Income Since 1980
(DBN)

Foreclosure inventory decreases more than 30% in October
(DBN)

7 housing predictions for 2017
(DBN)

Harvard: The housing crisis for Baby Boomers is on the way
(DBN)

The Trump Tower bubble has popped
(DBN)

Manhattan apartment sales prices are skyrocketing
(DBN)

____________

Municipalities:

Puerto Rico's path forward shouldn't include old advisers
(DBN)

Mayor: Bankruptcy is 'not an option' for Providence
(DBN)

Detroit’s taxpayers gouged even more as NBA’s Pistons join arena plan
(DBN)

Retirement Fund For Dallas Workers Nearly Ruined
(DBN)

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Oil/Gas:

Oil Prices Slip as Doubts Arise Over Production Cuts
(DBN)

Oil trades near $53 after OPEC-driven rally as shale gains seen
(DBN)

U.S. Shale Finally Sees Production Rise
(DBN)

OPEC: Has The Cheating Already Begun?
(DBN)

Energy XXI Plan of Reorganization Confirmed By Court
(DBN)

Goldman Sachs: US shale will hit back at Saudi Arabia in 2017
(DBN)

Here's how US shale companies are cutting costs
(DBN)

Patterson-UTI buys Seventy Seven Energy in $1.76-billion deal
(DBN)

Leaked Memo Reveals Trump’s Energy Priorities
(DBN)

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Logistics:

New Jersey Shipping Firm Can Leave Bankruptcy
(DBN)

______________

Healthcare:

10 hospital bankruptcies in 2016
(DBN)

Why US Life Expectancy is Decreasing What Kills Americans Varies Widely by Region
(DBN)

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Media:

Judge Approves Gawker Settlement As Hulk Hogan Is Set To Be Paid Gawker's Liquidation Plan, $31M Hogan Deal Gets Court's OK
(DBN)

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Retailing:

Sears Holdings Posts Another Ugly Loss: Bankruptcy Looms Ahead
(DBN)

Neiman Marcus Loss Widens as Sales Slide
(DBN)

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Student Debt:

Losses on Private Student Loans Hit Lowest Level Since 2008
(DBN)

Education Department officials say they will work through Jan. 20 to review claims of defrauded students, but borrowers and advocates call for more urgency
(DBN)

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Coal:

Peabody Bondholders Tout Donald Trump's Plan to Roll Back Emission Rules
(DBN)

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Agriculture:

Fact check: Feinstein way off the mark when she said ‘tens of thousands’ of California farmers going bankrupt
(DBN)

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Mass Torts:

"UnSettled" documentary, on asbestos lawsuits brought against businesses, to hold screening
(DBN)

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Religion:

The Supreme Court Case That Could Bankrupt Religious Schools and Hospitals
(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 (12 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)

______________

Involuntary Bankruptcy:

Involuntary Exposure – Do a Petitioning Creditor's Losses End in the Bankruptcy Court?
(DBN)

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Mediation:

Mediation Confidentiality: The Second Circuit’s Sensible Standard for Disclosure
(DBN)

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Committees:

Ninth Circuit Gives Creditors’ Committee Members Limited Litigation Protection
(DBN)

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TBTF:

Feds slap curbs on Wells Fargo, find 'living will' lacking Feds slap restrictions on Wells Fargo after finding bank unprepared Wells Fargo Faces Limits After Second Living Will Failure Wells Fargo Sanctioned by U.S. Regulators for 'Living Will' Deficiencies Wells Fargo bankruptcy would damage markets, regulators say
(DBN)

______________

Insurance:

Life Partners exits bankruptcy with plan to repay investors Life Partners Inc. Exits Bankruptcy, Begins Returning Assets to Investors
(DBN)

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Barton Doctrine:

Yellowstone and the Barton Doctrine in the Third Circuit
(DBN)

______________

Appeals:

Missing One Briefing Deadline Doesn’t Justify Dismissing an Appeal
(DBN)

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Disclosure:

New York Judge Requires Hedge Funds to Disclose Their Investors
(DBN)

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Celebs:

Real Housewives Of New Jersey star Teresa Giudice shares photo of daughters after judge approves her bankruptcy settlement
(DBN)

Bankrupt former NBA star Darius Miles’ belongings to go on the auction block
(DBN)

Cosby Shows Wit, Mental Agility At Court Hearing
(DBN)

______________

Autos:

GM Appeals Bankruptcy-Shield Ruling to U.S. Supreme Court GM asks top US Supreme Court to reverse ignition switch ruling
(DBN)

______________

Shipping:

Judge Says Hanjin Must Disclose US Assets
(DBN)

The fall of Hanjin shipping
(DBN)

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UK:

Prohibited names and partnerships under Section 216
(DBN)

Post-Brexit Britain Faces a Pay Squeeze
(DBN)

____________

PIIGS:

PM Tsipras Hints that Greece's Creditors are 'Foolish Technocrats'
(DBN)

Row Between Creditors Could Damage Greek Bailout
(DBN)

Italy's Biggest Bank to Fire 14,000
(DBN)

______________

Canada:

Kredl's on Brink of Bankruptcy , Claims Province Reneged on Deal
(DBN)

______________

Belguim:

Sheraton Brussels Hotel forced to close due to bankruptcy
(DBN)

______________

Brazil:

Brazil's Big Companies Hinder Its Struggle to Recover
(DBN)

______________

Mexico:

Now It’s Her Turn to Bring ICA Back From $1.35 Billion Default
(DBN)

______________

India:

A level playing field for debtors and creditors
(DBN)

______________

Bahamas:

Bankrupt Bahamas megaresort sold; phased opening in April How China Rescued Then Ruined The Caribbean's Largest Resort Project Tracking Baha Mar’s development trek
(DBN)

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Australia:

ASIC reports on corporate insolvencies
(DBN)

Nathan Tinkler’s plan to escape bankruptcy
(DBN)

______________

Germany:

Developments, Decisions and Strategies – Reforms in German Insolvency Plan Proceedings and its Meaning for Investors
(DBN)

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Copyright 2016