January 12, 2016

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Arch Coal Taps Davis Polk in Latest Mining Bankruptcy
(DBN)

Which Law Schools Accepted And Lost The Most Students As Transfers?
(DBN)

Will This Law Firm Survive 2016?
(DBN)

A Law Firm’s Ambitious Dashboard: Inside the Cadwalader Cabinet
(DBN)

Burr & Foreman Adds Two Bankruptcy Partners In FL
(DBN)

The “Big Three” Annual Reports on Law Land
(DBN)

Georgetown: 2016 Report on the State of The Legal Market
(DBN)

Report: Legal Industry Still Lagging, But Forward-Thinking Firms Are Thriving
(DBN)

Above The Law’s 2015 Lawyer Of The Year Contest: The Winner!
(DBN)

Woman Who Will Have $210,000 In Student Loans Had No Idea Her Law School Was Being Sued Over Employment Statistics
(DBN)

Law School Is Teaching Future Lawyers To Hide Depression And Addiction Addiction & Depression - Lawyers May Be Able To Get Help On Stealth Basis
(DBN)

Here’s What Happened When a Law School Dean Challenged a U.S. News Ranker
(DBN)

Former clinical law prof is disbarred after apparently ignoring ethics probe
(DBN)

Would-be lawyer won’t have $260K in student loans erased; SCOTUS refuses to hear appeal
(DBN)

No Path But One: Law School Survival in an Age of Disruptive Technology
(DBN)

Former Brandeis President: Law Students Are Right to Worry
(DBN)

Bankruptcy Lawyer: How To Deal With Jerks
(DBN)

Magic circle firm Linklaters reveals what staff parties were like over 100 years ago
(DBN)

U.S. Probes Lawyers on Standard Chartered Sanctions Settlement
(DBN)

Lawyer told police of client’s alleged plot after speaking with ethics hotline
(DBN)

Taking Responsibility, In-House And Out
(DBN)

How Sean Penn's interview with 'El Chapo' Guzman led to his recapture Sean Penn interviewed El Chapo. Which one of them got played? Does Sean Penn face legal risk for El Chapo interview? Delta Force operators were on the mission to capture 'El Chapo' Guzmán White House: 'El Chapo' Guzmán bragging about his heroin empire is 'maddening' Will El Chapo Be Extradited? Mexico has started the process to extradite 'El Chapo' to the US
(DBN)

Armed Oregon occupation: Is it really about white poverty in the West? OR: Militia Starts Tearing Down Federal Fences
(DBN)

BigLaw firm to review Chicago in-house team after police shooting defense verdict is struck
(DBN)

Former Biglaw Partner Who Got Wasted On Plane And Caused Flight Diversion Charged With Airplane Assault
(DBN)

Ex-law firm worker stole $500K to pay for medical bills, $40K boat and $55K vehicle
(DBN)

Chris Archer found and tweeted a law school photo of Rob Manfred
(DBN)

David Bowie used to be a paralegal
(DBN)

Netflix's Making a Murderer: the directors explain what many have missed about the series
(DBN)

______________

Judges:

State doesn’t owe court reporter $744K, because judge settled without its OK
(DBN)

Suit claims Pacer is overcharging for docket reports because of counting error
(DBN)

Benchslap Unloads On District Judge For History Of Screwing Up Trials
(DBN)

Average age of SCOTUS justices climbs to almost record high
(DBN)

Judge writes poem teasing inmate who publicly soiled himself when a guard wouldn't let him go to the bathroom
(DBN)

Conservative Group Nears SCOTUS Payoff
(DBN)

Embattled AG Kathleen Kane seeks return of law license, points to suspended supreme court judge
(DBN)

Celebrity Sightings, SCOTUS Edition
(DBN)

______________

Wall Street:

Stock futures rise
(DBN)

Oil prices plunge 6% as stocks give up gains and sink Wall Street wobbles as health stocks, oil prices drop US end mostly higher, but energy sector hit by slump in oil
(DBN)

Wall Street to eye more China turmoil, oil glut
(DBN)

These charts show you can’t blame China for U.S. stock-market selloff
(DBN)

Why stocks still aren’t even close to being cheap
(DBN)

Markets may see 1998-style correction: Wells Fargo
(DBN)

An ‘extremely normal, realistic’ 26% drop on S&P 500 is taking shape
(DBN)

Bearish J.P. Morgan says sell stocks on any rally
(DBN)

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Layoffs:

Blackhawk Mining: 146 Jobs
(DBN)

BP to cut 4,000 jobs as oil price plummets
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Student Debt:

Supreme Court Denies Appeal on Student-Loan Discharge
(DBN)

Sanders beats the student loan drum. Loudly.
(DBN)

____________

Politics:

Donald Trump hammers away at Ted Cruz's citizenship Donald Trump Targets Ted Cruz Does Donald Trump want to make stuff from China more expensive? Man heckles Donald Trump at rally: 'Tell some jokes!' Donald Trump's Abuse of Power Former N.H. Gov Sununu: Trump Is Rich but ‘Not Bright’ Trump widens lead over Cruz in Iowa poll
(DBN)

Bloomberg Can't Quite Give Up His Presidential Dreams
(DBN)

One senator finally 'endorses' Bernie Sanders What If Sanders is the Democrats Best Bet?
(DBN)

Marco Rubio Says Ted Cruz’s Tax Plan Contains a ‘Sneaky’ VAT
(DBN)

Paul, Fiorina bumped from next prime-time GOP debate The next Republican debate will have the fewest candidates onstage yet
(DBN)

Wall Street Tough Talk From Both Sides of the Aisle
(DBN)

This Does Nothing To Dispel The ‘Bill Clinton As A Creeper’ Meme
(DBN)

Problem solvers? Where six presidential candidates find common ground
(DBN)

What became of last year’s State of the Union ideas
(DBN)

Democratic, Republican Identification Near Historical Lows
(DBN)

Belt-tightening for ex-presidents? Bill that would cap taxpayer expenses for ex-presidents heads to Senate
(DBN)

____________

Food/Beverage:

California’s Premier Cru wine retailer files for bankruptcy Owes customers almost $70 million for wines Wine store accused of running pyramid scheme files for bankruptcy
(DBN)

____________

Mining:

How to Mint Money in Mining
(DBN)

Mining Ready for M&A Revival as Producers Fight for Survival
(DBN)

Glencore Debt Swaps Jump to Six-Year High as Copper Price Slides
(DBN)

Special Report on Creditor Recoveries in Chapter 11 Bankruptcies of Mining Companies
(DBN)

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Derivatives:

Credit Swaps Panel Adopts Rules to Mitigate Conflict of Interest
(DBN)

____________

Defaults:

Fitch: Coal Producer Bankruptcy Bumps Up US Default Rates, Again
(DBN)

____________

Gambling:

Will Lenders Roll Snake Eyes? Seventh Circuit Says Caesars May Be Entitled To Injunction.
(DBN)

Fantasy Sports Win New York Court Approval to Keep Operating
(DBN)

____________

Hollywood:

Relativity Media Settles Dispute With Sony Over ‘The Bronze’
(DBN)

____________

Farming:

The Crop Surplus is Bad News for America's Farms
(DBN)

____________

Economy:

Data hints slowdown in U.S. jobs growth to come
(DBN)

State of Obama's Union Is Booming
(DBN)

Economy is Awesome, for Some
(DBN)

Global Economy: One Step Forward, One Back
(DBN)

Economies Ranked for All 50 States
(DBN)

Fed's Lockhart Says Global Markets Drop Won't Hurt U.S. Outlook Lockhart: Not Enough New Data for March Rate Hike
(DBN)

The Alice-in-Wonderland Consequences of QE
(DBN)

One Wall Street bank could win big from the Fed lift-off
(DBN)

Global risks are main concern for US: Lockhart
(DBN)

Where the jobs were, and weren't, in 2015
(DBN)

The rich are paying more in taxes, but not as much as they used to
(DBN)

Consumer Loan Delinquencies Edged Up in Third Quarter
(DBN)

Bank of America: Rail Traffic Is Saying Something Worrying About the U.S. Economy
(DBN)

Earnings recession continues, but the consumer is OK
(DBN)

Where Are All the High-School Grads Going?
(DBN)

Nearly half of college grads are underemployed
(DBN)

Main Street braces for rising health-care costs
(DBN)

Loads of Americans are moving out of these 18 states
(DBN)

19 big companies' profits are about to vanish
(DBN)

Q&A: Robert Reich on the ‘Vicious Cycle of Wealth and Power’ He Says Threatens Capitalism
(DBN)

Survey: More Consumers Use Savings than Credit Cards for Unexpected Expenses
(DBN)

US Debt Clock
(DBN

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

Apartment vacancies rise for first time in 6 years
(DBN)

US Real Estate 25-60% Overvalued
(DBN)

First Time Foreclosure Starts Lowest on Record
(DBN)

Why homeowners are leaving billions on the table
(DBN)

Chase edges closer to fulfilling $4B consumer relief requirement
(DBN)

Hackers are stealing closing funds by intercepting lawyer-client email, experts say
(DBN)

Midtown Manhattan Vacancies to Rise as Large Offices Empty
(DBN)

____________

Municipalities:

Puerto Rico's crisis threatens to cut gas, power supplies
(DBN)

Assured Guaranty Responds to Puerto Rico Governor’s Comment on Insurers’ Suit Challenging Constitutionality of Revenue Clawback
(DBN)

Puerto Rico Electric Says Not Enough Cash to Make July Payments
(DBN)

Congress Slow to Heed Ryan's Call to Help Puerto Rico in Crisis
(DBN)

Chicago Moves Toward Borrowing Another $2.65 Billion in 2016
(DBN)

' Insolvent ': City of Harvey is worse than broke, experts say
(DBN)

____________

Oil/Gas:

Oil Plunge Sparks Bankruptcy Concerns Half of US shale drillers may go bankrupt : Analyst Plunging prices could force a third of US oil firms into bankruptcy
(DBN)

Oil & Gas Bankruptcy Issues: Part 1 Current Industry Situation and Background
(DBN)

OPEC waiting for US oil companies' bankruptcy
(DBN)

As smaller oil companies die off, fighting over the remains
(DBN)

Texas drilling activity slumps
(DBN)

Tues.: Oil slips toward $30, traders bet on more falls Oil is about to crash past $30 a barrel Oil Extends Losses From 12-Year Low as Stockpiles Seen Expanding Oil forecasts slashed as price nears $30 Oil Slump: How Much Further Will It Go?
(DBN)

Mon.: U.S. Oil Prices Drop Below $32 a Barrel - Prices Suffer From Continued Fears of China Slowdown Oil below $32 on Nymex for first time since 2003 Worst oil bust in 45 years brings US crude below $31 a barrel
(DBN)

Gundlach Called Oil and Junk in 2015. What Will He Predict for 2016?
(DBN)

BP to slash thousands more jobs in face of oil downturn
(DBN)

First profit fall in 48 years looms over the energy sector
(DBN)

At private Goldman confab, US oil drillers add to glut woes
(DBN)

For private oil traders, any risk is worth taking
(DBN)

Hedge Funds Greet 2016 by Curbing Bullish Oil Bets to 5-Year Low
(DBN)

5 Oil & Gas Companies With Performance Worthy of "The Walking Dead"
(DBN)

Oil price approaching big banks' worst-case scenarios
(DBN)

Oil Seen Heading to $20 by Morgan Stanley on Dollar Strength
(DBN)

Low oil price a 'double-edged sword': Airbus
(DBN)

Crashing Oil Prices And Dropping Rig Count Take Their Toll On U.S. Output
(DBN)

Mounting calls on Wall Street for $20 oil Oil could fall to $20, but not for the reason you think
(DBN)

Petro States Dipping Into Coffers As Oil Price Reality Kicks In
(DBN)

Tugboats Left Useless by U.S. Shale Boom Finally Have Job to Do
(DBN)

____________

Distressed Investing:

The Junk-Bond Market’s Newest Big Buyer: Goldman Sachs Goldman debt fund snaps up buyout ' junk bonds '
(DBN)

Billionaire Wilbur Ross: I like this sinking stock
(DBN)

Leveraged Loan, High Yield Bond Players Step Cautiously Into 2016
(DBN)

Lasry slams 'misleading' report of junk bond fund trouble
(DBN)

Third Avenue Sees Assets Fall 21% in Quarter as Investors Flee
(DBN)

____________

Travel:

Nine ways to make air travel productive
(DBN)

____________

Celebs:

Teresa Giudice Already Planning Book Signings For Days After The End Of Bankruptcy Fraud Prison Sentence
(DBN)

9 questions about Bill Cosby you were too embarrassed to ask
(DBN)

Aging Mogul Fights $2.2 Billion Tax Bill
(DBN)

____________

Healthcare:

McKesson's stock tumbles after downbeat profit outlook
(DBN)

2 Texas hospitals file for bankruptcy : 5 things to know
(DBN)

____________

Personal Finance:

What hiring managers really want to know when they ask, 'What are your hobbies?'
(DBN)

____________

Advisors:

AlixPartners completes CEO succession
(DBN)

____________

Debt Collection:

Critics Fret as IRS Prepares to Sic Debt Collectors on Tax Scofflaws
(DBN)

Debt Collection Foul Play: CFPB Sanctions Practice Reminiscent of Robo-Signing
(DBN)

____________

Electricity:

Texas Regulator Urged to Reject Oncor Sale on Ratepayer Concerns
(DBN)

Oncor CEO against sale to Ray Hunt
(DBN)

____________

Autos:

VW Emissions Litigation Gets a Hand from Former FBI Head
(DBN)

CEO: Volkswagen Will Buy Back Some Cars
(DBN)

Volkswagen CEO Manages to Make Everything Worse Again
(DBN)

Sweden to Open Fraud Probe into Volkswagen
(DBN)

GM ignition switch trial: Did Obama protect the automaker?
(DBN)

GM ignition nightmare goes on Here's Who Helps Decide GM's Fate in Next 100 Car Crash Cases
(DBN)

____________

Newspapers:

Philadelphia newspapers, website donated to non-profit institute
(DBN)

____________

Mass Torts:

California Decision Rejects Longstanding Contractor Immunity from Strict Liability, Calls Asbestos Bankruptcy Trusts “Collateral Sources”
(DBN)

____________

New Bankruptcy Opinions
(3 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (57 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (8 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)

______________

Avoidance Actions:

BNY Mellon Faces Reversed Ruling in Sentinel Bankruptcy
(DBN)

Ninth Circuit Panel Rules for Creditors Over Investors in Viatical Settlement Dispute
(DBN)

____________

Plan Confirmation:

BK ED NY: Court Adopts Procedural Guidelines for Prepackaged and Prenegotiated Chapter 11 Cases
(DBN)

____________

Litigation:

The Case for Mixing Litigation Finance and Big Law
(DBN)

____________

SCOTUS:

Cert Denied In Case Challenging Legal Fees In Dismissed Involuntary Cases The Court of Appeals Opinion Background
(DBN)

____________

Deadlines:

Section 108(c) – Extension of Time to Commence or Continue a Civil Action
(DBN)

____________

Retailing:

Macy's Could Leave a Trail of Dead Malls
(DBN)

American Apparel receives $300 million buyout offer backed by ex-CEO Charney Meet the Investors Willing to Bet $300 Million on Dov Charney
(DBN)

American Apparel gets approval of reorganization plan from all voting classes
(DBN)

American Apparel Lenders Boost Takeover Bid, Countering Charney
(DBN)

Activist investor Starboard urges Macy's to strike real-estate deals
(DBN)

Kohl’s considers going private
(DBN)

Joyce Leslie in Chapter 11, Liquidation Likely
(DBN)

____________

Apparel:

Under Armour's stock drops after Morgan Stanley slashes rating, price target
(DBN)

____________

Education:

Apollo explores 'change in control' as profit, enrollment skid University of Phoenix for sale Does Anybody Want To Buy A Dying For-Profit College For A Billion Dollars?
(DBN)

Bankruptcy judge: "Everyone gets a trophy and a juice box"
(DBN)

____________

Healthcare:

Austin hospital owners file bankruptcy papers
(DBN)

____________

Metals:

USW Will Be Active Participant in Sherwin Alumina Bankruptcy
(DBN)

____________

Guns:

Gun maker Colt poised to exit bankruptcy Chapter 11 Plan Changes - Private-equity owner Sciens Capital missed funding deadline, forcing revamp
(DBN)

____________

Fraud:

Investors sue company rescued by Shkreli for return of $5 mln
(DBN)

____________

Corporate Reform:

Report: SEC Filed a Record Number of Enforcement Actions in FY 2015, Aggregate Fines and Penalties Declined
(DBN)

____________

Coal:

West Elk Mine owner files for bankruptcy
(DBN)

Coal company's bankruptcy affects KC bank
(DBN)

Deal averts Montana coal mine shutdown
(DBN)

Arch Joins Coal Industry's Bankruptcy Parade
(DBN)

Arch Coal Files for Bankruptcy in Latest Blow to U.S. Miners
(DBN)

Arch Coal's Pre-Destined Bankruptcy Filing Arch has $275M DIP Loan
(DBN)

Arch Coal bankruptcy could have bonding repercussions
(DBN)

Arch Coal asks US bankruptcy court to ease its cleanup costs
(DBN)

New gloom for Rockies coal with Arch bankruptcy filing
(DBN)

Arch Coal: First Day Declaration First Day Motions
(DBN)

The Carnage in Coal Country
(DBN)

____________

Sovereigns:

Meet 2016's worst economic performers, from Venezuela to Greece
(DBN)

____________

UK:

Haslers appoints Dumville as new insolvency partner
(DBN)

U.K. industrial production slumps in November
(DBN)

RBS ends tussle over outside firm pay with go-to law firms reappointed
(DBN)

____________

EU:

BNP Senior Debt Deal Shows Legal Muddle Facing EU Bond Investors
(DBN)

____________

PIIGS:

Greece: Fiscal gap to be the tough point in talks with creditors
(DBN)

Greece Renews Challenge to Creditors' Austerity Policies
(DBN)

No Cuts in Greek Primary Pensions, Minister Says Ahead of Talks
(DBN)

Discrimination at Portuguese bank Novo Banco sets a dangerous precedent
(DBN)

____________

Canada:

Bank of Canada finds business sentiment deteriorated
(DBN)

Oil price plunge hits Calgary companies
(DBN)

____________

China:

China’s slowdown, financial mayhem cast long shadow across world
(DBN)

China slowdown may be set to end this year: OECD
(DBN)

Here's what spooked China on Sunday night
(DBN)

Executives from the most notorious hedge fund blowup of the 1990s are back — and they want a piece of China
(DBN)

Chinese growth rate of 6.5% ‘very difficult’ to achieve to 2020
(DBN)

‘Wolves’ sway China’s manipulated markets
(DBN)

The wild cards that could send China into a tailspin aren't looking that wild
(DBN)

China Car Sales Growth Drops To 3-Year Low In 2015
(DBN)

____________

Russia:

Russian assets get bruising from oil price slump
(DBN)

How The Oil Collapse Stole Russia's Christmas
(DBN)

____________

Brazil:

Brazil bankruptcy filings hit record last year
(DBN)

____________

South Africa:

Rand Meltdown Brings South African Recession, Junk Rating Closer
(DBN)

____________

Australia:

Australia's Dick Smith CEO resigns; receiver seeks buyers
(DBN)

____________

Singapore:

Singapore's Next Bond Default Looms Amid Pacific Andes Skirmish
(DBN)

____________

MENA:

Saudi Debt Risk on Par With Junk-Rated Portugal as Oil Slides
(DBN)

____________

Hong Kong:

Liquidators’ Personal Liability For Costs - Hong Kong
(DBN)

____________

 


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