December 7, 2016

The Daily Bankruptcy News

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Law:

Associate Bonus Watch: Boies Schiller’s Bounty Linklaters and Freshfields sign on for Cravath bonus scale
(DBN)

The Wild West Elite: The Go-To Law Firms Of Texas, Colorado, And Utah
(DBN)

Top law firms increasingly go to court to collect fees; is it the new normal?
(DBN)

36 Law Firms Pilot Ideas to Resolve Gender Divide
(DBN)

Who’s To Blame For School’s ‘Horrific’ Bar Results? Maybe The California Bar Examiners.
(DBN)

Moneyball, Law Professor Style
(DBN)

Finals Are So Stressful At This T14 Law School That Students Are P------ On Bathroom Floors
(DBN)

If Every Client Shops On Fees, How Can I Compete On Value?
(DBN)

Law Isn’t Retail: Gender Expectations In The Legal Workplace
(DBN)

Don’t Waste Your Money On Law School When You Can Work In Fast Food And Make A Similar Salary
(DBN)

500 Hours Of Pro Bono Work: Bumped Down at Biglaw, Bankrupted At Small Law, And Barely Making A Dent Towards Access To Justice
(DBN)

Sheriff's Profane Rant On National Television Over Road Rage Shooting
(DBN)

Megyn Kelly: An 'underground army of women' at Fox News helped oust Roger Ailes for harassment
(DBN)

San Antonio lawyer pleads the 5th in bankruptcy proceeding
(DBN)

Prosecutor’s office paid ransom to regain access to its computers; international network busted
(DBN)

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Judges:

Federal judge who questioned meaning of ‘drop-down menu,’ didn’t instruct jurors is tossed from case
(DBN)

Trump could bring a different kind of diversity to the Supreme Court
(DBN)

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Wall Street:

Dow industrials aim for fresh all-time high
(DBN)

Stocks Build on Gains to Manage Higher Close
(DBN)

Wall Street banks are having a great time in trading
(DBN)

The ‘market,’ it turns out, doesn’t love Donald Trump’s policies
(DBN)

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Layoffs:

SeaWorld cutting 320 jobs in restructuring
(DBN)

Transamerica plans 800 layoffs
(DBN)

Alliance Castings to layoff more than 400 employees
(DBN)

GOP Readies Cuts to Federal Workforce Under Trump
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Politics:

Trump Says U.S. Should 'Cancel Order' for New Air Force One, Citing Costs Trump's tweet about Air Force One was wrong — here's the full story Boeing CEO Slams Trump, Gets Twittered Trump’s tweet cost Boeing shareholders more than $550 million China’s State Media Tells Donald Trump to ‘Stop Acting Like a Diplomatic Rookie’ President Trump’s Perpetual Campaign Trump team says Michael Flynn's son 'no longer involved' in transition after firestorm over fake-news controversy Trump sold all of his stock holdings in June, says transition spokesman Bob Dole organized Taiwan call Lobbying by Bob Dole Led to Trump’s Call With Taiwan Bob Dole's law firm was paid $140,000 to lobby Trump on behalf of Taiwan Alston & Bird Central to Trump's Taiwanese Phone Call Like LBJ, Trump Is Loving the Role of America’s Dealmaker Trump: It's Already Chaos
(DBN)

Wildly misleading 2014 Time story resurfaces as people try to prove Paul Ryan doesn’t care about poor people
(DBN)

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Retailing:

Michaels Same-Store Sales Slip Michaels cuts guidance after same-store sales decline
(DBN)

Investors just got another sign that Sears is doomed
(DBN)

Bankruptcy judge approves Jan. 12 auction date for American Apparel assets
(DBN)

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Mining:

Big mining's age of austerity far from over
(DBN)

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Hedge Funds:

Another hedge fund bites the dust
(DBN)

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Celebs:

'RHONJ' star Teresa Giudice wins bankruptcy court battle, still awaits big ruling
(DBN)

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Shipping:

Hundreds of shippers still waiting for cargo in Hanjin boxes 'held hostage' by out-of-pocket ports
(DBN)

Happy Holidays from Hanjin
(DBN)

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Healthcare:

Obamacare's 'Doomsday scenario' would double the uninsured rate by 2019
(DBN)

Health insurers list demands if Obamacare is killed
(DBN)

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Economy:

U.S. factory orders jump 2.7% in October
(DBN)

Trump's proposed policies could make things difficult for the Fed
(DBN)

Trump: 'We have to look' at trade 'almost as a war'
(DBN)

U.S. trade deficit jumps 18% in October
(DBN)

US wage growth points to an economy still in recovery
(DBN)

Poll: The Carrier deal has proven to be a big win for Trump Trump team defends Carrier deal
(DBN)

Dollar Gains on Fed Hopes
(DBN)

Did the Pentagon waste $125 billion of taxpayer money? Pentagon plays down study that found $125 billion in wasteful spending
(DBN)

After meeting with Trump, CEO of Japanese telecom company says it will bring 50,000 jobs to US Trump takes credit for SoftBank's $50 billion investment Here's what we know about Trump's $50 billion deal with a Japanese billionaire
(DBN)

Apple supplier Foxconn is in preliminary discussions to expand its US operations
(DBN)

15 things that may cost less in 2017
(DBN)

Gross Warns Investors on Trump Policies
(DBN)

Here’s the Problem With Trump’s Plan to Sell Health Insurance Across State Lines
(DBN)

How Realistic Are Trump’s Planned Trade Policies?
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

House Price Index Increased in October
(DBN)

November housing supply in Northwest reaches all-time low
(DBN)

Toll Brothers earnings slide 16% on impairment, warranty charges
(DBN)

Trump Tower brokers now marketing taxpayer-funded Secret Service as a perk to wealthy buyers
(DBN)

The world's tallest luxury building can't get its super-rich buyers to pay full price
(DBN)

Trump's Immigration Policy Could Devastate the Housing Market
(DBN)

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Municipalities:

Sixth Circuit Finds Bankruptcy Court Cannot Force City to Provide Services in Chapter 9
(DBN)

Battered San Bernardino is one step closer to exiting years-long bankruptcy Judge approves San Bernardino, California's plan to exit bankruptcy San Bernardino bankruptcy plan gets judge's OK, clearing way for exit Judge Authorizes San Bernardino to Exit Bankruptcy
(DBN)

The State Level Pension Crisis: Houston, Texas Police Edition
(DBN)

Michigan Republicans drop bills to cut municipal retiree health care Amid backlash, Michigan's GOP backs off health care cuts
(DBN)

Junk-rated Chicago schools plan new kind of bond issue
(DBN)

Appeals court delays collection of Beatrice Six judgment, county considering bankruptcy
(DBN)

Dallas Bankrupted by Pensions? Bond Market Doesn’t Think So
(DBN)

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Oil/Gas:

Oil Prices Pause After Rallying to Year High Oil falls on production cut skepticism, OPEC and Russia output rise Oil falls from 16-month high as OPEC production keeps rising OPEC Cheating Will Cap Oil At $52 OPEC Cheating Will Cap Oil At $52
(DBN)

Oil Reacts Stoically As API Reports Biggest Cushing Inventory Build Since 2008
(DBN)

Court Confirms Key Energy's Bankruptcy Exit Plan
(DBN)

Oil-Output Cuts Could Hit Russian Energy Companies
(DBN)

Junk energy companies rush to primary market
(DBN)

After Oil Crisis Cull, Norway’s Junk Market Emerges Transformed
(DBN)

Billionaire Rocca Expects Oilfield Lift From Trump’s Trade Plans
(DBN)

The Fallacy Of Increasing U.S. Oil Production Post-OPEC Agreement
(DBN)

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Fraud:

The Supreme Court just dealt a blow to Wall Streeters accused of insider trading Supreme Court Backs Prosecutors Over Tips From Friends, Family in Insider-Trading Cases Supreme Court Puts Price On A Brother’s Love Supreme Court upholds insider trading conviction for secondhand tippee
(DBN)

One of the kings of the '90s dot-com bubble now faces 20 years in prison
(DBN)

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Coal:

US Senate leader pushes for extension of coal miner healthcare
(DBN)

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Electricity:

California gas power plant La Paloma files for bankruptcy
(DBN)

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Corporate Reform:

Goldman Sachs chief strategy officer says 'not so fast' on regulatory rollback
(DBN)

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New Bankruptcy Opinions
(8 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (19 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (10 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:

The top 15 filing districts for chapter 11 cases reporting over $10 million in liabilities for 2016 year-to-date
(DBN)

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Cross-Border:

Abengoa's U.S. unit, holdout creditor spar over bankruptcy plan Role of Abengoa in spotlight at US bankruptcy showdown
(DBN)

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Barton Doctrine:

Creditors Committees’ Members May Not Be Sued Absent Bankruptcy Court’s Permission
(DBN)

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Settlements:

Deciding Who Should Get First Dibs in Bankruptcy Liquidations
(DBN)

Supreme Court Case Has Bankruptcy World on Edge
(DBN)

New Mexico Judge Avoids the Jevic Controversy by Requiring Payment on Priority Claims
(DBN)

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TBTF:

Ending TBTF with Three Surgical Strikes
(DBN)

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Mediation:

A List of Bankruptcy Districts that HAVE and HAVE-NOT Adopted Local Mediation Rules
(DBN)

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Autos:

UCI’s Plan of Reorganization Confirmed by Bankruptcy Court
(DBN)

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Gambling:

Caesars unit's bank lenders threaten to end bankruptcy deal
(DBN)

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Labor:

SEIU's Texas branch files for bankruptcy SEIU Texas files for bankruptcy after losing suit That time the SEIU in Texas declared bankruptcy
(DBN)

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Bankruptcy Crimes:

Bankrupt ex-Chili's franchise owner denies fraud charges
(DBN)

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UK:

Smoother Brexit Hopes for Banks But No Special Deal
(DBN)

Doing the Post-Brexit London Lawyer Shuffle
(DBN)

UK arm of turbine manufacturer in administration
(DBN)

One of Europe's most influential business people confirms Brexit has killed appetite to invest in London
(DBN)

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PIIGS:

Distressed Italian bank seeks investor with $1.1 billion Italy’s Banca Monte dei Paschi to meet eurozone banking regulator
(DBN)

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China:

N---- selfies used as collateral for Chinese loans
(DBN)

China's Big Savers Are Racking Up More Debt
(DBN)

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Singapore:

Gender gap in bankruptcy
(DBN)

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MENA:

Busy Bankruptcy Lawyers Put Egypt Economic Overhaul on Notice
(DBN)

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Brazil:

Brazil's Oi wireless carrier CEO to meet creditors
(DBN)

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India:

Bain, CDPQ Rush to Help Lenders Clear $120 Billion Bad Debt
(DBN)

A Step Closer To Solving the Insolvency
(DBN)

Changes in debt recovery laws growth positive
(DBN)

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Copyright 2016