December 27, 2016

The Daily Bankruptcy News

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Law:

Law Firms' Accounts Pose Money-Laundering Risk
(DBN)

'Twas The Night Before Christmas (Legal Edition)
(DBN)

‘Twas The Night Of The Filing
(DBN)

KWM latest: 40 partners quit since October as City rallies to save trainees
(DBN)

Trumps pick of bankruptcy lawyer for ambassador to Israel sparks hot debate
(DBN)

For Giving Families Hope During The Holidays, Brittany Byrd Is My Inspirational Attorney Of The Year
(DBN)

Reinventing Professionals: Where is the legal industry headed in 2017?
(DBN)

Scientists discovered an absurdly easy way to seem convincing
(DBN)

Students file $5 million class action against Charlotte School of Law
(DBN)

Law school enrollment trends over 40+ years
(DBN)

Tax Prof Nancy Shurtz Blasts University Of Oregon For Improperly Releasing Error Filled Report As 'Public Retaliation And Shaming'
(DBN)

As First Lady, Melania Trump Will Apparently Push Forward With $150 Million Lawsuit Against Unknown 70-Year-Old Blogger
(DBN)

Mississippi officials arrest African American man in 'Vote Trump' church arson case
(DBN)

10 habits of genuinely charming people
(DBN)

22 business-etiquette rules every professional should know
(DBN)

The Lawyer At The Center Of ‘Miracle On 34th Street’
(DBN)

Appeals court vacates 'unconscionable' life sentence for New Orleans man over theft of $15 from 'bait vehicle
(DBN)

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Judges:

Trump Inherits Over 100 Court Vacancies
(DBN)

Profiling State Justices on Trump’s List of Possible SCOTUS Candidates
(DBN)

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Wall Street:

Futures point to a flat open on Wall Street Wall Street stocks set for a postholiday struggle; retailers in focus
(DBN)

Stocks close flat as Dow fails to reach 20000 ahead of Christmas
(DBN)

Party Like It’s 2007
(DBN)

S&P 500 expected to rise only 4% by end of 2017
(DBN)

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Layoffs:

 

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Personal Finance:

Here's how to split the restaurant bill in any situation
(DBN)

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Travel:

A flight was delayed after someone named their Wi-Fi hotspot 'Samsung Galaxy Note 7'
(DBN)

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Coal:

Peabody Creditors Reportedly Back Debt Plan
(DBN)

Peabody Preparing To Shift Mine Cleanup Costs To Public? Peabody Energy reorganization plan lacks mine cleanup coverage details
(DBN)

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Retailing:

The Holiday Shopping Season Is Losing Some of Its Power The 12 companies that need the holiday season the most
(DBN)

Mall melees break out across the US in day-after-Christmas shopping spree
(DBN)

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Gambling:

Caesar's Operating Arm Resolves Lender Disputes Over Bankruptcy Exit Caesars Reorganization Back on Track After Lenders Reach Accord
(DBN)

The 2016 Caesars Bankruptcy Proceedings That Seemingly Would Never End
(DBN)

Christie to decide on effort to punish Icahn for closing Trump Taj Mahal
(DBN)

Trustee Goes Whole Hog With Caesars Plan Objection
(DBN)

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Mining:

Bankruptcy judge approves sale of Magnetation
(DBN)

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Fraud:

Platinum Partners arrests are scant consolation for alleged victims
(DBN)

107 former Justice officials think this case was handled unjustly
(DBN)

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Pharma:

Martin Shkreli Says ‘Of Course’ He’d Raise Drug Price Again
(DBN)

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Radio:

iHeart Lenders Said to Oppose Exchange Offer in Messy Debt Saga
(DBN)

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Treasure:

Case drags on as defendant Tommy Thompson says he can't remember where the treasure is
(DBN)

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Healthcare:

Local elected officials weigh-in on Central Iowa Health Care bankruptcy
(DBN)

Governors Close Ranks Against ACA Repeal
(DBN)

GOP Explores Heath Care Benefit Cuts
(DBN)

The Poorest Americans Die Younger Than the Poorest Costa Ricans
(DBN)

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Mass Torts:

U.S. judge approves settlement for Lac-Megantic oil train disaster victims
(DBN)

Court issues ruling on new contamination claims
(DBN)

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Shipping:

2016 – the most turbulent year in container shipping's 60-year history
(DBN)

K Line launches court action against APL Logistics over false bankruptcy warnings
(DBN)

Sales of STX unit Goseong Offshore & Shipbuilding fall through
(DBN)

Single bidder for Korean shipbuilder STX French unit
(DBN)

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Economy:

Consumer Sentiment in U.S. at 12-Year High After Trump Win
(DBN)

U.S. Consumer-Spending Gains Slowed in November
(DBN)

25 Million Jobs in a Decade: How Can It Happen?
(DBN)

Weekly Unemployment Claims Since 1971
(DBN)

Fed Nowcast: 1.8% for both 2016:Q4 and 2017:Q1
(DBN)

Nobel Economist: 'I don’t think globalization is anywhere near the threat that robots are'
(DBN)

What a Trade War With China Could Do to the Economy Trump’s Threats on Trade Endanger US Jobs Talk of Tariffs from Team Trump Makes Economists Very Nervous How China could pose the biggest challenge for Trump yet
(DBN)

Experts Warn of a Coming Fiscal Crisis as Trump Prepares to Take Charge
(DBN)

Republicans have a massive plan to overhaul the tax code Before Trump’s tax plan, there was ‘voodoo economics’ and ‘hyperbole’ Even WalMart Hates the GOP Tax Plan
(DBN)

A core part of the American dream has changed
(DBN)

Recession, market crash next year, expect rate cuts: Rickards
(DBN)

American consumers are not borrowing as much as you think
(DBN)

Vehicle Sales Forecast: Sales Over 17 Million SAAR Again in December, On Track for Record Year in 2016
(DBN)

Thousands of workers got raises after Obama's overtime law failed
(DBN)

Pope says Christmas 'hostage' to materialism, God in shadows
(DBN)

Minimum Wage Going Up in 21 States
(DBN)

Trump Against the American Worker
(DBN)

Why Are Americans Less Charitable Than They Used to Be?
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Annual improvement in mortgage delinquency rates is beginning to slow as market "normalizes"
(DBN)

Distressed Sales and All Cash Sales for Selected Cities in November
(DBN)

The Real Story About Rising Home Prices
(DBN)

New Home Sales increase to 592,000 Annual Rate in November U.S. new home sales rise to four-month high Comments on November New Home Sales
(DBN)

Home Price Recovery Masks Shortfalls
(DBN)

Foreclosures Hit Near-Decade Low
(DBN)

The 20 most expensive homes sold in America in 2016
(DBN)

How Deutsche's big bet on Wall Street turned toxic Deutsche Bank tells staff no bailout needed for U.S. settlement: source Donald Trump and Christmas help banks to a settlement with the US over mortgages CEO’s Winning Gamble May Keep Scrooge From Deutsche Bank Bonuses DOJ: $60Bn in Fines for Toxic Mortgages
(DBN)

In Rare Step, US Sues Barclays Over 2008 Financial Crisis Why Barclays CEO Staley Opted for War When Dimon Chose Surrender
(DBN)

Wells Fargo Reaches Deal With ResCap Over Toxic Mortgages
(DBN)

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Municipalities:

Hartford bankruptcy looming? First Bankruptcy, Then We Can Fix Hartford
(DBN)

Weak fiscal operations, high debt cause Guam bond ratings to drop Fitch downgrades Guam bonds
(DBN)

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Oil/Gas:

Energy Bankruptcy Year End Reports
(DBN)

Drillers Extend Revival as Oil Trades Near 17-Month High
(DBN)

Oil prices rise amid investor optimism over production cuts for 2017 Oil Prices Up as Investors Remain Positive Oil edges further above $55 ahead of supply cut deal Key Metric Likely Won't Reflect Oil Rally
(DBN)

The Unsustainable $60 Oil Spike In 2017
(DBN)

US Shale Producers To Gulp Saudi Market Share Of Oil
(DBN)

Bonanza Creek Energy to file for bankruptcy
(DBN)

RIP Memorial?
(DBN)

Seadrill Restructuring: What To Expect
(DBN)

Oil bankruptcies decline as prices rise
(DBN)

Trio of energy firms to start 2017 with bankruptcy
(DBN)

Energy junk bond defaults double in 2016
(DBN)

SunTrust Agrees to Provide $2MM DIP for Dakota Plains Holdings
(DBN)

Rig count up 16, third week of double-digit growth
(DBN)

Investors Betting on Oil Price Drop Flee as Production Cuts Near Investors Again Bet on $100 Oil
(DBN)

Trump's Energy Policy: 10 Big Changes The Overstated Impact Of Trump On Oil
(DBN)

Is the Oil Party Over?
(DBN)

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Politics:

Trump is now doing many of the things he criticized Hillary Clinton for Trump Vineyard Wants More Foreign Workers Trump tweets his win dispelled gloom, lifted markets, and spurred Christmas sales Credit Suisse Changes Mind Re: Betting On President Trump’s Reasonableness Trump: The UN 'is just a club for people to get together' and 'have a good time' A Mom-and-Pop Empire, Amplified by the Trump Name How Stephen Colbert and Jon Stewart Helped Elect Trump Top Trump aide Jason Miller abruptly backs out of administration job Trump lashes out at media over storm surrounding his foundation Trump says he'll shutter controversial foundation The Civil War Brewing in the West Wing Trump's Win Was Unusual But Not Historic Trump tells TV host he welcomes a new nuclear arms race Trump: US must 'greatly strengthen' nuclear capability Trump's Nuclear Boast Is Obama's Modernization Plan Nuclear arms expert: There's a huge contradiction in Trump's thinking on nuclear arms Trump gushes over 'very nice' Christmas letter from Putin amid mounting tension between the countries Trump questions the US's nuclear arsenal — here's how the US's nukes compare with Russia's Continuing battle with media, Trump avoids news conference Lessons From 2016 for the News Media, as the Ground Shifts
(DBN)

Trump co-chair wishes death on Obama, calls 1st lady male
(DBN)

4 Washington state electors to be fined $1,000 for faithless vote
(DBN)

RNC's Christmas message hailing 'new king' ignites political firestorm
(DBN)

In an increasingly polarized country, even economic progress can’t get voters to abandon their partisan allegiance
(DBN)

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Autos:

A Whole Lot of Hurt in Auto Lending May Be Coming
(DBN)

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Newspapers:

69% of US Population Still Reading Newspapers
(DBN)

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New Bankruptcy Opinions
(2 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (2 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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Bankruptcy Statistics:

Weekly Bankruptcy Claims Trading Activity
(DBN)

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Trustees:

Everybody Lies on Social Media - Just Ask Bankruptcy Asset Hunters
(DBN)

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Tax:

Circuit Split Emerging on Dischargeability of Late Returns
(DBN)

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Plan Confirmation:

Plan Proponents Beware of “Death Trap” Traps in Chapter 11 Plans and Disclosure Statements
(DBN)

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Discharge:

Claim for Attorney Fees Incurred Post-Chapter 11
(DBN)

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SCOTUS:

Book on Bankruptcy and SCOTUS to be Published in April 2017
(DBN)

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Professional Compensation:

New York Bankruptcy Court Saves Investment Bankers’ Transaction Fees
(DBN)

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Aviation:

Republic offers equity to airlines, lessors, manufacturers
(DBN)

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Electricity:

It's 'Business As Usual' For Coffeen Plant In Chapter 11
(DBN)

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Student Debt:

Bankruptcy Becomes an Option for Some Borrowers Burdened by Student Loans
(DBN)

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Defaults:

Global corporate defaults hit 150 for 2016
(DBN)

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Solar:

SunEdison Has Settlement Offer From TerraForm Power
(DBN)

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Education:

DeVry University Students To Benefit From $100 Million FTC Settlement
(DBN)

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UK:

Britain could 'indefinitely' pay billions for former EU workers' pensions despite Brexit
(DBN)

This Goldman Sachs flowchart tells you everything you need to know about how Brexit should play out
(DBN)

Brexit Eyed In UK SME Insolvency Rate
(DBN)

Brexit is a ‘God-given opportunity’ to steal trade from UK: Wilbur Ross
(DBN)

Philip Green demands Dominic Chappell pays into BHS pension deal
(DBN)

______________

EU:

European Lenders Limp Into 2017 After $12.5 Billion Settlements
(DBN)

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PIIGS:

Italy bails out Monte dei Paschi after it fails to get cash How JPMorgan could not save Italy's problem bank Italy set to put in around 6.5 bln euros to salvage Monte Paschi: Report Monte dei Paschi Rescue Cost Jumps as Deposits Fall
(DBN)

Is the Italian Banking Industry on the Road to Recovery? Italy's Bank Rescue Is a Precarious Balancing Act
(DBN)

Greek minister sends Dickensian jibe for Xmas
(DBN)

______________

Canada:

Canada’s Economy Shrinks on Worst Factory Output Since 2013
(DBN)

______________

China:

Chinese cities are undergoing an insane housing boom with prices up as much as 43% in a year
(DBN)

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MENA:

Saudi Arabia's national debt has exploded since the oil crash
(DBN)

______________

India:

ICICI Bank registers the first case under the bankruptcy code
(DBN)

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Ukraine:

Deposit Guarantee Fund admits poor results in recovering failed banks’ assets
(DBN)

Risks remain high for lenders in Ukraine's agricultural sector
(DBN)

______________

South Korea:

Number of marginal companies reaches 4,300
(DBN)

______________

Singapore:

Singapore Court Of Appeal Sets Out Test For Exercise Of Discretion To Order Buy-Out In Lieu Of Winding-Up.
(DBN)

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Brazil:

Orascom aims for two of nine seats on board of Brazil's Oi
(DBN)

Strapped Brazilian Governments Embrace Privatization
(DBN)

______________

Bahamas:

Bahamas: Another Victim of Caribbean Debt Crisis
(DBN)

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