Law:
What’s Going On At Kasowitz Benson?
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The Start of 2016 Brings Contraction to the Legal Sector
(DBN)
ABA Resolution Stirs Fears of Non-Lawyer Firm Ownership
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The Nobility of Good Lawyers With Bad Clients
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Don’t Wait Until After You Get Your Bonus To Start Looking
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Fried Frank hires partner to run restructuring practice
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Heidi J. Sorvino Joins LeClairRyan
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'Making a Murderer' has something in common with the most notorious case of the '90s
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Dechert PEP rises to $2.5m as revenue grows 6 per cent
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Law firm among pioneering employers who OK worker use of medical marijuana
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Big Law and Big Data: On What’s Legal and What’s Creepy
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UK: Kirkland & Ellis latest firm to join ‘100 club’ with junior lawyer pay boost - Legal Cheek
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Lawyers More Hungover Than Surgeons
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In The Attorney-Client Relationship, You Are The Service Professional
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Georgetown Law Tells Students: No Political Campaigning on Campus
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Crane collapse kills 1, injures 3 and hits New York legal community hard
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Science says these are the 15 best ways to manage stress
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Change Your Job? Or Change Your Perspective?
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10 habits of extremely boring people
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Nashville: ?H3gm's head on why one of city's biggest law firms is folding up its tent
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The best and worst ways to sign off a work email
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Microsoft's virtual assistant Cortana 'will get mad' if you 'say things that are offensive
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Phoenix City Council drops opening prayer to thwart Satanic group
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Contracts between cities and police unions guarantee complaints against cops will be kept secret
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Chicago policeman sues estate of teen he fatally shot
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California jury awards $5.7 million to former PTA president framed with drugs by angry parents
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Attorney defending his own murder-for-hire case says he was framed by jailhouse 'snitch'
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Doctor gets 30 years to life in landmark prosecution over patient OD deaths
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'Affluenza' kid Ethan Couch in a Big Boy Jail Now
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Rejecting 30-day recommendation, top court suspends lawyer for a year for s-- with client
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Former law firm office manager gets 27 months for stealing $265K over 30 months
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The Beauty Of Watching The Courtroom On Stage
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Judges:
Montana bankruptcy judge announces retirement
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Former judge sentenced to prison for five years for embezzlement
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Restaurant confab leads to arrest of 3 accused of planning to kidnap and rob judge
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Disgraced Former Judge Now Working At Chick-fil-A
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Chief Justice Roberts Wishes You’d Believe SCOTUS Isn’t Political
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Political War Against Kansas Supreme Court
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Wall Street:
Dow futures slip triple-digits as growth fears grip markets • Stock futures point to sharp losses for Wall Street
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Global stocks mostly fall amid economy jitters
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Pack your bags, Wall Streeters: Your jobs are moving to Nashville
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Why the rout could continue in the week ahead
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Jeremy Grantham says this isn’t the big bear market
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Too much cash, too few good stocks to invest in
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The only place left to invest if ‘Oilmageddon ‘ hits this market
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Gundlach Calls Financial Stocks Below Crisis Prices ‘Frightening’
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Layoffs:
US Jobs Report: Mining Down 7,000; Loss of 800 in Oil, Gas
(DBN)
Lost Oil Jobs Are a Drag
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Microfibres employee files lawsuit over WARN Act violation
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Chevron to cut 385 jobs in Covington, Lafayette
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Genworth to layoff about 200 Lynchburg employees
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Blackberry Cuts Jobs in Push to Profit
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National and State by State Unemployment Rates
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Animated Map of Unemployment
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Personal Finance:
7 billionaires who are extremely frugal
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The 11 smartest things to do with your money in your 20s
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Distressed Investing:
Get Ready For 37% More Motivational Tweets, Photoshoots On The Beach From Lynn Tilton • Lynn Tilton Steps Down From $2.5 Billion CLO Funds • Patriarch Steps Down From Zohar, Steps Back From MBIA Fight
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The Effects of Rising Interest Rates on Junk Bonds
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Food/Beverage:
Ovation Brands' closes 74 underperforming locations
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Scandal-ridden Iowa kosher slaughterhouse is back in business
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NY: Fairway facing danger of possible bankruptcy
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Corporate Reform:
Warren's Criminal Complaint
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Student Debt:
Politics could stymie loan plan
(DBN)
Why College Tuition Cuts Can Actually Lead to Higher Bills
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Need to slash student debt ? Watch out for rip-offs
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Coal:
Feds seeking settlement in coal mining lawsuits
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Bankrupt coal producer Alpha announces more planned layoffs
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Moratorium shakes coal stronghold
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Wyoming lawmakers facing falling revenues in budget session
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Walter Energy scores $50M lifeline, buyer for assets
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Peabody Energy Could File For Bankruptcy Unless Bowie Gets Financing
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Art:
When art imitates life: Student debt crisis on display at New York exhibit
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Aviation:
SeaPort declares bankruptcy
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Fraud:
FBI investigating East Bay wine company, bankruptcy trustee says
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Why Is the U.S. Still Sitting on $4 Billion in Madoff Money?
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Celebs:
Rich Dad Broke Dad?
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The Sad Financial Future That Awaits Many NFL Players
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Teresa Giudice paid off $414K restitution, lawyer says
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Tori Spelling and Dean McDermott Reportedly Move for the 7th Time in 5 Years
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Dershowitz: OJ Simpson’s ‘dream team’ was actually a nightmare team
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Trick Daddy Facing Foreclosure After Bankruptcy Dismissal
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Borgata Wants $170,000 in Unpaid Debts from Former NFL Star Clinton Portis
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Pharma:
KaloBios Won’t Get Bankruptcy Trustee to Oversee It
(DBN)
Shkreli No Longer to Blame for $750 Pill
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Hotels:
FL: Beachfront hotel files bankruptcy reorganization
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Bay Area Airbnb Hosts Cry Foul Over Weak Super Bowl Weekend Demand
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Soccer:
Parma Storm to Top of Italy's 4th-Tier Just Months After Bankruptcy
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Mass Torts:
Asbestos Bill Hearing Set as John Crane Files RICO Suits
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Shipping:
Dry-Bulk Shipping: Hitting the Bottom • Dry-bulk shipping under water as bankruptcies rise
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Paper:
Verso reaches agreement with creditors for debt reorganization
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Electricity:
Oncor to regulators: Hunt deal could raise rates
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Pensions:
Teamsters pension crisis driving deep cuts for retirees
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Newspapers:
Chicago: Is The Sun-Times In Trouble? Board Member Tells Staff Not To Worry
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New York Times is Profitable, but Barely
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Metals:
Noranda Aluminum files for bankruptcy • Expects To Receive Up To $165 Million In New Financing To Enhance Liquidity
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Zinc shines amid the gloom but what lurks in New Orleans?
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Lehman:
Lehman Bros. hit the rocks, but lives on as Scotch
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Economy:
Wages rise, unemployment falls. Is Main Street beating Wall Street? • US created 151K jobs in Jan; unemployment rate at 4.9% • U.S. Unemployment Drops to an Almost Eight-Year Low • Here’s four reasons the January jobs report is fishy • What’s Behind January’s Higher Wage Growth • The January Jobs Report in 12 Charts • Bill Gross: U.S. Underemployment Rate Didn't Change
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Treasury yields rise as the jobs report boosts expectations for hawkish Fed
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Economic Reality: We Are Not Growing Enough
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OECD indicators: Slowdowns ahead for Japan, U.S.
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Is It 2008 All Over Again?
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Big Companies Pull Back After Rough Quarter
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Fed to raise, but a recession is unlikely: Economist • Economists React to January’s Jobs Report: ‘Leaves Open a March Rate Hike by the Fed’
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JP Morgan: US recession risk is growing
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Here's an explanation of the cozy relationship between the Fed and the Treasury
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So this is what 'full employment' looks like?
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U.S. consumer credit rose by $21.3 billion in December
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Why consumers may keep economy from sinking
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The 7 States Doing the Worst Economically
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'Blow out' US job growth won't last: UBS Economist
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Why there are so many recession predictions right now
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Why a Recession Could Arrive Without a Yield Curve Warning
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America's earnings recession deepens
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Almost everything lost value in January
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Obama: U.S. Has Strongest, Most Durable Economy in World
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These 9 charts tell the definitive story of the US labor market
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Millions of Americans Will Call in Sick the Monday After the Super Bowl
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Most Americans Can’t Guess the Average CEO’s Salary. Can You?
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Lending to emerging markets comes to a halt
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Highs and lows of the American economy, as told through Super Bowl ads
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Despair, addiction, financial struggles and the rise of suicide in white America
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Florida households' burgeoning debt crisis
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Low oil prices as much pain as gain for economy
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Hedge Funds Bet on Risks in U.S. Blue-Chip Debt
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US Debt Clock
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Economic Indicators Dashboard
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Real Estate:
Is homeownership worth it? Not in these cities
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MBA: Mortgage credit slightly loosens in January
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HSBC reaches $470 million deal over abuses • Justice Department Reaches $470 Million Joint State-Federal Settlement with HSBC to Address Mortgage Loan Origination, Servicing and Foreclosure Abuses
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Counsel's Corner: Dealing with Declines in Default Inventory
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Hedge Fund Manager Kyle Bass is Shorting A Real Estate 'Ponzi Scheme'
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New mortgage companies have ties with subprime lenders
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Wall Street Pulls Back From Mortgage Market That Fed Made Boring
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Municipalities:
Puerto Rico Acknowledges Ceding Control Key to Debt Accord
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Puerto Rico's Restructuring Plan Shows It's Not Serious Yet
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Puerto Rico's 'Fuzzy Math'
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Puerto Rico To Pursue Debt Exchange Even If Allowed to Restructure
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Puerto Rican Officials Warn Congress of Major Defaults Without Restructuring
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Puerto Rico emergency fiscal measures to be exhausted by June
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CPS: “Not even cash-strapped Puerto Rico” • Rahm: Rauner bankruptcy rhetoric raised CPS’ borrowing cost • Chicago Schools Pay Bigger Bond-Market Penalty Than Puerto Rico • You've got to know when to fold 'em, Bruce
(DBN)
The Man Stopping Illinois From Digging a Deeper Fiscal Hole
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Is bankruptcy next for Detroit Public Schools?
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Fixing both Flint and its water pipes • What Nobody Is Talking About in Flint
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Erin Brockovich: This City is the Next Flint
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Detroit's cautionary tale
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Atlantic City could run out of cash Feb. 24, attorney says
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Borgata won't pay taxes until Atlantic City pays $62.5M refunds
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The war in San Bernardino isn't about terror
(DBN)
GOP governors aim to fix struggling cities
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Judge says Woonsocket cannot modify retirees' health-care benefits
(DBN)
Glacier County Helps Cash-Strapped Browning
(DBN)
FBI Arrests Nearly Every Single Elected Official In A Texas Town Facing Bankruptcy
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Jefferson County's Ch. 9 Case to be Argued Before Appellate Court
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The Next Bankruptcy To Hit Your Portfolio
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Politics:
The Vote for Bankruptcy Reform that Haunts Hillary Clinton • Hillary Clinton says she never changed her vote because of donations. Elizabeth Warren disagrees. • That Time Elizabeth Warren Accused Hillary Clinton of Switching Her Vote Because of Campaign Donations • Clinton: Sanders 'Grabbing at Straws' W/ Bankruptcy Bill Attack • Elizabeth Warren Book Completely Undermines Hillary Clinton
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This botched intro was the most entertaining moment of the GOP debate • Fact-checking the Republican New Hampshire presidential debate • FactCheck: GOP Debate
(DBN)
With the pressure on, Robotic Rubio has a breakdown • Marco Rubio, Please Call Dan Quayle • Chris Christie crushes it by beating up on his stunned rival • Marco Rubio defends his 'robotic' moment: 'I would pay them to keep running that clip' • Marco Rubio: I would tell rape victim ‘it’s a terrible situation’ but have the rapist’s baby anyway
(DBN)
Donald Trump: Here's the one area where Bernie Sanders and I agree • Donald Trump on New Hampshire: 'I don't think I need it' to win the nomination • Donald Trump dismisses audience after getting booed at the debate • Trump Again Relies on Star Power Rather Than a Good Ground Game • Trump Booed During Exchange With Bush • How Donald Trump Explains His Platform Through Profanity • Trump Fact Check: "Right now we’re the highest taxed country in the world." • Donald Trump really did try to take an elderly widow's house for a limousine parking lot
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Hillary Clinton: Marco Rubio's comments about abortion are 'pretty pathetic' • Hillary Clinton's Flint water crisis visit drawing supporters, critics • Hillary Clinton Slaps Back at Sanders and Warren: ‘I’m Not Going to Sit and Take it Anymore!’ • Clinton Dodges Details Of Speeches That Earned Her Millions • Mystery: Hillary's Speeches That Made Millions • Clinton Says She's Unsure What Sanders Means by 'Wall Street'
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Both Clinton and Sanders are wrong about money in politics
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Bernie Sanders and Larry David Team Up on Saturday Night Live • Saturday Night Live had Bernie Sanders meet Larry David — on board a sinking ship • Sanders pushes Clinton to defend Wall Street contributions, speaking fees • With Elizabeth Warren by his side, Bernie Sanders could win • Why Bernie Sanders Can't Govern • Bernie Sanders’ refusal to reveal his economic advisers is an ominous sign
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Carly Fiorina Won’t Go Quietly After Debate Snub
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Cruz is Wrong About CNN's Reporting • The Nastiness of Ted Cruz
(DBN)
Elizabeth Warren Looms Large In 2016 Presidential Race • Elizabeth Warren's hard choice in Democrats' White House run • Warren blasts Goldman Sachs CEO, defends Sanders • How the Fight Over Wall Street Shows the Democratic Divide
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Oil/Gas:
Midstream Contract Acreage Dedications at Risk
(DBN)
Mon.: Crude oil slips as Saudi, Venezuela meeting yields little
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Fri.: Oil falls in volatile trade as glut concerns face OPEC cut uncertainty
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World's Largest Energy Trader Sees a Decade of Low Oil Prices
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Traders are placing huge bets on the future of oil
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Big oil dividends are no longer untouchable
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Prolonged oil slump sparks second wave of cuts to 2016 budgets
(DBN)
Three Charts That Examine the Week of Woes for Oil
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Here's How Oil Companies Are Scrambling to Survive the Price Crash • As Big Oil shrinks, boards plot different paths out of crisis
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Oil prices may counterintuitively crash further because of oil producers' high debt levels
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Drillers shut down dozens of rigs last week, biggest pull-back since April 2015 • U.S. Rig Count In Free Fall: Plunges By 48 In One Week • In Spite Of Plunging Rig Count, Oil Erases Earlier Gains
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Oil Output Due to Price Crash is Down Just 0.1%
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Wood Mac: Producers Continue to Run Loss-making Oilfields • Despite Huge Losses Oil Companies Reluctant To Shut In Production • Loss-making Oil Fields Unlikely To Be Shut Willingly
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Low prices predicted to spur 1980s-style oil tech boom
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Moody's: Oil, Gas Loans Not Likely to Choke Big U.S. Banks
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The Unexpected Bank to Survive the Oil Price Decline
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Gas Prices Are Plunging. So Why Is Everyone Freaking Out?
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Producers keep pumping, even with oil prices falling
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This is the big problem with Obama's $10 per barrel tax on oil • Oil tax law? It's not going to happen: Bernstein • Here’s how much Obama’s oil tax would add to the price of gasoline • Obama: Cheap gasoline prices drove oil tax decision • Texas oil producers: Obama's $10-per-barrel tax proposal is a 'death sentence'
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Saudi, Venezuela talk of OPEC, non-OPEC cooperation to stabilize oil market • Saudi, Venezuela Oil Ministers Hold 'Successful' Talks on Market
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Why Analysts Are Changing Tune on Exxon, Chevron and ConocoPhillips
(DBN)
Tullow Oil to pin hopes on West Africa as profits slump
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Diamond Offshore Drilling posts 4Q loss
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Sterling Resources on the brink as creditors call in debts
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Emkey Companies, LLC Files For Bankruptcy in Dallas, Texas
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Linn Energy stock plummets as it weighs potential bankruptcy
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Linn Energy Taps Remaining $919M Under Credit Facility
(DBN)
Linn Energy : Game Over?
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Chevron Downgraded, First Time Since 1987
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Linn Energy CEO eligible for $6.9 mln award as firm restructures
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Chesapeake Energy : The Next Domino To Fall?
(DBN)
Pacific E&P Works to Make Bond Payments as Deadline Looms
(DBN)
BG fourth-quarter profit declines 54 percent
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This is oil's endgame
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Low oil prices may pave way for another int’l crisis: PEW
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Low oil prices can bankrupt developing nations
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Pride And Prejudice And Zombie Oil Companies
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Big Oil Opts for Payouts Over Debt Rating
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Oil Conundrum: It's Even Worse Than We Thought
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Oil prices plunge, North Dakota sees budget deficit
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Oil's latest slump takes a heavy toll on Bakersfield
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Slowdowns in oil , gas industries mean smaller checks for landowners
(DBN)
Oil's Drop Puts Pressure on Algeria's Government
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$100 Trillion In Value (Of Oil ) Wiped Out
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As Big Oil shrinks, boards plot different paths out of crisis
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Banking:
Credit Suisse brings home the pain • Credit Suisse surprises market with large loss
(DBN)
Small Milwaukee credit union closed by state regulator
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New Bankruptcy Opinions
(6 new opinions today - DBN)
Bankruptcy Court Web/Pacer Site Directory
Chapter 7, 12 & 13 Private Trustee Locator
(DBN)
Recent Ch. 11 Filings (42 new filings today)
(DBN)
Recent Ch. 11 Adversary Proceeding Filings (9 new filings today)
(DBN)
Bankruptcy Code - Prior BK Codes - 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:
Corporate Bankruptcy Filings Rise Nearly 13% in January • January Commercial Bankruptcy Filings Up 12%
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Total Bankruptcy Filings Continue to Decrease
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Wake sees 25% drop in business bankruptcies
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MD PA: Regional bankruptcy filings continue downward trend
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Texas bankruptcies expected to increase 30 percent in 2016
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Bankruptcy filings down in Connecticut
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Bankruptcy Reform:
BAPCPA 10 Years Later: the Effectiveness and Necessity of Bankruptcy Reforms Remain In Question
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Chapter 12 bankruptcy must be amended
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Miscellaneous:
The Week Ahead
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Plan Confirmation:
Good News for Creditors in Individual Ch. 11 Cases
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Privilege:
Unsettled Question: Another Court Rules That Bankruptcy Client Worksheets Are Privileged
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Re-Filing:
Quick Blurb About Section 109(g)
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Schedules:
Let's Be Careful Out There: The Danger of Omitting Assets
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TBTF:
When The Next Too-Big-To-Fail Bank Fails
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Bank break-ups: here we go again
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Healthcare:
MI hospital to be bought out of bankruptcy
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Prime Healthcare's purchase of bankrupt NJ hospital gets go-ahead
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Go Ye seeks market value on land; bank says it owes $290K
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Autos:
Volkswagen is going to offer generous compensation to 600,000 American car owners
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Volkswagen May Delay Reporting Earnings, Annual Shareholders Meeting By 4-6 Weeks
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Emissions Lies Haunt VW as It Faces Tougher Justice Department
(DBN)
New Jersey Sues VW Over Emissions
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How General Motors Is Preparing for the Next Recession
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Tesla Struggles As Musk Steers It Off Course • The Long Downward Slide of Tesla
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Entertainment:
A Booming Market for Art That Imitates Life After the Financial Crisis
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Mining:
Anglo American investors call for more ‘aggressive’ cuts • It's Existential for Anglo American as CEO Faces His Investors
(DBN)
Anglo CEO Sees No Respite to Mining Gloom Amid Tougher 2016
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Genworth Prepared for Asset Sales as Market Shuns Borrowers
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Noble's Bank Debt Prices Signal Concern That Worst Isn't Over
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Shark-Cage Diving Out, Austerity In for Global Mining Chiefs
(DBN)
Australia's Iron Ore State Has Rating Cut by Moody's Amid Rout
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Debt Collection:
Is this robocall illegal? The line blurs for people with student debt
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Awards:
Akin Gump Plays Key Role in 2015 Restructuring Deal of the Year arrow
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Results of Q4 2015 Bankruptcy League Tables
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Retailing:
Bankruptcy talk surrounds Sports Authority
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For American Apparel, now out of bankruptcy, it's 'the start of a new day'
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Shoppers pay farewell visits to Joyce Leslie
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Walmart's closures leave gaping voids throughout small-town America
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Religion:
Diocese of Duluth opens books for bankruptcy
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Consultant to review diocese finance records
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Bankrupt woman gets to keep rare first-edition Book of Mormon
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Insurance:
FBI, IRS search former insurance magnate's offices
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Education:
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Arbitration:
Bill Seeks to Limit Use of Arbitration to Avoid Courts
(DBN)
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Sovereigns:
Venezuelan default: Worse than Argentina?
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Argentina in $6.5bn offer to debt holdouts • Argentina proposes that holdout creditors accept 25 pct. haircut
(DBN)
Argentina Bond Battle Drags on as Elliott Spurns Macri's Offer
(DBN)
Argentina Debt Deal Faces Hurdles Despite Bond Offer
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‘We are now throwing the towel against the ‘vultures’’
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US hopeful Argentina can reach deal with holdout creditors
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Ukraine Bonds Haven't Had It This Bad Since Debt Deal: Chart
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UK:
Company had to expressly agree to foreign court's jurisdiction, rule senior judges
(DBN)
A quarter of North Sea oil platforms 'could be scrapped in 10 years'
(DBN)
Fee paid to avoid tax partner's bankruptcy: disallowed
(DBN)
Bankruptcy adds twist to Duncan Ferguson tale
(DBN)
One of Apple's UK partners is in full-blown crisis mode and shares are tanking
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EU:
Why European Banks Keep Getting Clobbered • Why a selloff in European banks is ominous
(DBN)
European Distressed Debt Market Outlook 2016
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Europe's Economic Outlook Darkens, Sends Shudder Through Markets
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Italy-Germany Yield Spread Widens by the Most in Seven Months
(DBN)
European shares hit 16 month low as financials falter
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US firms face tax crackdown in Europe: Report
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PIIGS:
Portugal budget risks 'non-compliance' with European Union rules
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Portugal, private investors agree to share control of TAP airline
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Why pensions are the new flashpoint in Greece's crisis • Greeks riot as creditors come calling
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More creditors take on Abengoa
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Spanish liquidation plan grounds for postponing bankruptcy order
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Cheap Cigarettes Are Burning Greece's Finances
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Drumm now decides to come home - but only after running out of road
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Canada:
Financial watchdog closes German unit of Canada's Maple Financial
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Canada Unemployment Rate Rises With Alberta’s Highest Since 1996
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Anxious Stelco pensioners await bankruptcy court ruling
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$200,000 a Year to Nothing
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Germany:
Disposal of pledged stocks by an insolvency administrator
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MENA:
Revealed: why the UAE government is struggling to reform insolvency law
(DBN)
Rising from the ashes: The UAE's insolvency dilemma
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China:
The rapid pace of China's currency reserve depletion is 'simply unsustainable'
(DBN)
China's Reserves Plunge While Stresses Mount
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As China’s economy unravels, Beijing’s attempts at damage control are growing increasingly desperate
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Russia:
Russian staycations leave hotspots hard-hit
(DBN)
Russia VEB's board to talk about aiding bank at end-Feb/early March -FinMin
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Netherlands:
Dutch company in talks to take over bankrupt V&D
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India:
Hole in Delhi takeover pot
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Romania:
Romanian billionaire's companies enter insolvency
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Malaysia:
Saudi minister: Funds to Malaysia PM not ‘donation’
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