January 22, 2016

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Lawyer ordered arrested by bankruptcy judge claims an appearance of ‘vengeance’
(DBN)

Managing Partners Losing Faith In The Economy
(DBN)

Citi Law Firm Chair: Reed Smith Layoffs Won’t Be an Outlier
(DBN)

‘Bonus!’ An In-House Perspective
(DBN)

Associate Bonus Watch: A Former Bonus Leader Takes A Tumble
(DBN)

Jenner & Block Names Two New Bankruptcy Partners
(DBN)

Seward & Kissel Welcomes Bankruptcy Attorney Robert J. Gayda in New York
(DBN)

Prominent New York financial services attorney charged in the stabbing death of his doctor wife
(DBN)

Number of LSAT Test-Takers Increased For Fifth Consecutive Period
(DBN)

Living in the Present and Being a Mother in Big Law
(DBN)

Why GC Uses Four Go-To Law Firms
(DBN)

Clifford Chance beats Chadbourne to top global project finance rankings
(DBN)

A&O ordered to pay out €65k to dismissed associate
(DBN)

Former Howrey Chair Hangs Up Shingle
(DBN)

You Lost Your Job In A Law Firm – What Do You Do Now?
(DBN)

Which Biglaw Firm Is Dealing With A Bed Bug Infestation?
(DBN)

An Interview with the Lawyer who Retired at 33
(DBN)

How To Tell If An Email Needs To Be Answered Right Away
(DBN)

If You Think You’re A ‘Victim,’ Don’t Be A Lawyer
(DBN)

India plans to crack open national legal services market
(DBN)

School district has to pay private school tuition of bullied student, federal appeals court says
(DBN)

As full-time law faculty numbers shrink, law school administrator numbers grow
(DBN)

When The Drama Of The Courtroom Is Played For Laughs
(DBN)

Oregon governor defies feds to slam inaction on militants’ ‘spectacle of lawlessness’ Oregon militant was convicted of murdering father -- but says he can legally carry a gun
(DBN)

Is Wisconsin Suppressing Info on Steven Avery?
(DBN)

2 research-backed ways to charm everyone you meet
(DBN)

Apostrophes, explained
(DBN)

These Charts Explain How Millenials Dominate the Legal Tech Industry
(DBN)

Will Big Law Increase Cloud-Adoption in 2016?
(DBN)

Forty Alleged Victims and Counting in New England Prep School Abuse Scandal
(DBN)

' Affluenza ' teen to return to Texas within weeks, attorneys say
(DBN)

The Golden T--- 2016
(DBN)

Man's Gun Goes Off in Theater Seriously Wounding Woman
(DBN)

Georgia Grand Jury Indicts Police Officer Who Fatally Shot N---- and Unarmed Air Force Vet
(DBN)

Law lecturer takes out restraining order against student
(DBN)

Convicted Killer: Amanda Knox was There
(DBN)

Miami Doctor Attacks Uber Driver
(DBN)

A hero cop gets shot during a traffic stop and gives out the ticket anyway
(DBN)

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Judges:

Facing new conduct probe, judge fights back in First Amendment suit
(DBN)

Texas courthouse gun bans are being reconsidered based on state AG’s opinions
(DBN)

Robots Could Make the Supreme Court More Transparent
(DBN)

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Wall Street:

Dow futures leap 200 points as oil prices surge again
(DBN)

World stocks, oil soar as Draghi the dove tames global bears
(DBN)

US stocks end higher, fueled by rally in oil
(DBN)

Goldman Sachs: We're investing deeply in artificial intelligence
(DBN)

Compensation At Goldman Sachs Rises 5% Even As Profits Tumble 65%
(DBN)

This chart puts the magnitude of the ongoing stock market plunge into perspective
(DBN)

Dow could fall 5,000 points and still not be ‘cheap’
(DBN)

Morgan Stanley’s CEO just can’t make sense of what is going on in the markets
(DBN)

Barclays, Deutsche Bank Face Slowdown at Investment Bank Units
(DBN)

10 cartoons that sum up the stock market panic
(DBN)

______________

Layoffs:

The world's largest education company is slashing 4,000 jobs
(DBN)

This is the staff memo the CEO of Barclays' investment bank just sent out Barclays to Chop 1,000 Investment-Bank Jobs
(DBN)

Southwestern Energy to lay off 1,100 workers amid oil slump
(DBN)

Oil services giant Schlumberger axes 10,000 jobs after $1bn loss
(DBN)

Nephron Pharmaceuticals files layoff notice for 250 employees - Orlando Business Journal
(DBN)

679 jobs could be lost at U.S. Steel's Lone Star plant in Texas
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Startups:

90% of the billion-dollar unicorn startups are in trouble
(DBN)

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Retailing:

Dov Charney testifies: American Apparel's 'impossible' board won't give him a fair shot Tells court of 'character assassination' Dov Charney assails ‘faithless’ board Dov Charney Testifies in Bankruptcy Court, Doesn't Make a Ton of Sense
(DBN)

Monday ruling decides fate of Dov Charney deal for American Apparel
(DBN)

Sports Authority said to be near bankruptcy filing
(DBN)

Sports Authority said struggling to avoid bankruptcy filing
(DBN)

Hancock Fabrics on brink of bankruptcy ?
(DBN)

Macy's Buyout Would Be a Miracle on 34th Street, Investors Say
(DBN)

____________

Healthcare:

Montana doctor charged with 400 felonies to file bankruptcy
(DBN)

US judge allows HDL to question BCBS entities in bankruptcy case
(DBN)

Employers push limit of Obamacare by excluding outpatient surgery in plans
(DBN)

____________

Fraud:

Polk man jailed for sale of Mercedes, Ferrari in violation of order
(DBN)

Shkreli Plans to Plead the Fifth at Congressional Hearing
(DBN)

____________

Computers:

Mattel Wins Auction for Bankrupt Nabi Tablet Maker
(DBN)

____________

Shipping:

Eagle Bulk Shipping Wins Default Waiver on Debt Payment
(DBN)

Cheaper to Rent Oil Tanker Than a Ferrari
(DBN)

____________

Paper:

Apollo-backed Verso said preparing for bankruptcy this week
(DBN)

____________

Hollywood:

Relativity And Investors Preparing $500M Fraud Case Against Colbeck Capital
(DBN)

Netflix Leads The Parade Of Objectors To Relativity's Bankruptcy Exit
(DBN)

Relativity's Ryan Kavanaugh Lashes Out at Netflix
(DBN)

____________

Gambling:

Report: Caesars Asset Transfers Were Fraudulent
(DBN)

Court-appointed probe will slam Caesars for fraud
(DBN)

____________

Celebs:

Don McLean's Wife: It's Been Years of Abuse
(DBN)

____________

Education:

Chicago's South Side College May Go Broke Over State Budget War
(DBN)

____________

Religion:

Ex-Archbishop Nienstedt leaves Michigan diocese amid discord
(DBN)

Bronx Priest Active in Local Politics Suspended in Abuse Case
(DBN)

____________

Economy:

US jobless claims rise to six-month high Spurs labor market worries Claims increase to 293,000
(DBN)

Philly Fed's outlook for manufacturing falls to a 3-year low
(DBN)

Bond Traders Bet on Slowest Fed Yet as Soros Sees No More Hikes
(DBN)

U.S. Growth May Struggle to Find Support From the Third Quarter’s Strongest Industries
(DBN)

Consumer Credit Default Rates Stabilize
(DBN)

Lazard's Parr: Optimistic despite 'awful' negatives
(DBN)

Here's what the 4 official recession indicators look like right now
(DBN)

Key Measures Show Inflation close to 2% in December
(DBN)

Global Economy: Time to Freak Out?
(DBN)

America's Best Days May Be Behind It
(DBN)

There was a private meeting in Davos for chairmen — this is what worried them the most
(DBN)

Ray Dalio: There is no engine to drive global growth
(DBN)

Four Fed Rate Increases in 2016? Its Peers Say No
(DBN)

U.S. jobless claims rise to six-month high
(DBN)

Here's how likely you are to become a millionaire based on your education and race
(DBN)

Full Employment Is A Workers' Best Friend, Not The Minimum Wage
(DBN)

Goldman: Deal Pipeline Is Still Strong
(DBN)

What CBO’s Debt Projections Suggest About Congress and the Budget Process
(DBN)

Majority of Americans Dissatisfied With Corporate Influence
(DBN)

George Soros: The world is running into something it doesn't know how to handle
(DBN)

These are the 10 states with the highest taxes
(DBN)

The best jobs of 2016 all have one thing in common
(DBN)

US Debt Clock
(DBN

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

Mortgage rates continue falling over global economic concerns 3.81 percent
(DBN)

AIA: "Architecture Billings Index Ends Year on Positive Note"
(DBN)

A third of the most expensive apartments in New York are empty most of the time
(DBN)

CA: Short sellers can’t be sued for balance of debt, court rules
(DBN)

____________

Municipalities:

The Case for Allowing U.S. States to Declare Bankruptcy
(DBN)

AC elected officials to consider bankruptcy Tuesday
(DBN)

3 things you should know about a possible Atlantic City bankruptcy
(DBN)

Bankruptcy may not solve Atlantic City's problems, expert says
(DBN)

Sweeney says it's 'idiotic' to say Atlantic City will declare bankruptcy Sweeney says Atlantic City officials won't get permission from N.J. to file for bankruptcy
(DBN)

Chicago Public Schools Bankruptcy?
(DBN)

Chicago school district announce plans to cut bureaucrats CPS set to announce layoffs Friday
(DBN)

The pros and cons of a bankruptcy for CPS
(DBN)

Illinois Governor Backs Some of Democratic Fix for Pension Funds
(DBN)

The Horrible State of Detroit's Schools
(DBN)

Puerto Rico Sued by Third Bond Insurer to Halt Tax-Revenue Raid
(DBN)

Puerto Rico Utility Debt Deal at Risk as Lawmakers Hit Deadline
(DBN)

US Treasury Secretary Urges Congress to Act on Puerto Rico
(DBN)

U.S. judge to join two bond insurer lawsuits against Puerto Rico
(DBN)

Puerto Rico's Updated Fiscal Plan Supports Federal Financial Control Board
(DBN)

Would Flint crisis happen in wealthier, whiter community? Doctor's Fight to Expose Flint's Water Crisis
(DBN)

Bankruptcy : The Divergent Cases of the City and the County of San Bernardino
(DBN)

____________

Mining:

With Stage Set for Molycorp Endgame, Uncertainty Still Reigns
(DBN)

Barrick Estimates Up to $3 Billion Impairments as Gold Falls
(DBN)

____________

Oil/Gas:

Seward & Kissel Forms Energy Finance Restructuring Team
(DBN)

Oil is now rocketing Why this oil rebound may not exactly mean a bottom Oil rises 7% above $31 as cold snap boosts demand Oil has ‘definitely’ bottomed: Vedanta Resources
(DBN)

Oil Markets Are Balancing Faster Than IEA Would Have Us Believe
(DBN)

Oil spikes from 12-year low as equities rally, shorts cover Oil surges as signs of US output correction emerge Oil rallies hard, but this is not the bottom
(DBN)

Moody's puts 120 energy firms on review over bleak oil outlook
(DBN)

Goldman Sachs Sees Oil Markets Turning Bullish Soon
(DBN)

Imminent Energy Defaults Will Impact These Banks
(DBN)

BP CEO fears worst oil crisis in 30 years
(DBN)

Oil Rout Prompts Moody's to Consider Shell, Total for Downgrade
(DBN)

Will Falling Oil & Gas Prices Finally Force a Sell-Off?
(DBN)

This Time, Cheaper Oil Does Little for the U.S. Economy
(DBN)

Energy Taps a Lifeline
(DBN)

One way that low oil prices are very clearly hurting the economy.
(DBN)

Oil prices fall near 2003 lows on oversupply, demand worries
(DBN)

Shale Gas Drillers Emerge as Refuge for Investors in Rout
(DBN)

Oil can reach $20 this year because 'the Saudis are willing to play the long game'
(DBN)

Morgan Stanley CEO: How to make a killing on oil
(DBN)

Freeport-McMoRan Battles the Oil Slump
(DBN)

Travelers Says Risk From Energy Junk Bonds Is `Quite Manageable'
(DBN)

Southwestern Energy to cut 40 percent of workforce
(DBN)

Schlumberger Cuts Another 10,000 Jobs as Crude Rout Deepens
(DBN)

Landowners Seek Special Committee to Represent Their Unique Interests in Samson Resources Bankruptcy
(DBN)

What The Big Banks Say About Their Energy Exposure
(DBN)

The Ever Suffering Oil Industry
(DBN)

Why you should worry about cheap oil
(DBN)

No sign Saudi Arabia will ride to oil market rescue No end to oil rout as Saudi Arabia plays tough Kemp: Saudi Arabia's Dwindling Oil Revenues And The Challenge Of Reform
(DBN)

As crude’s crash punishes Venezuela, calls for OPEC help grow
(DBN)

Cheap oil means 1,500 Middle East bankers looking for jobs
(DBN)

Oil plunge upends state budget session in New Mexico
(DBN)

Schlumberger warns of “abrupt” cancellations
(DBN)

Keppel Uncertainty Prolongs as Brazil Client Delays Decision Keppel sets aside $230m for possible losses in Brazil
(DBN)

Oil and gas companies dumping space onto downtown Fort Worth office market
(DBN)

Forget the glut, oil has entered irrational territory, say analysts
(DBN)

The oil crash is killing the NHL
(DBN)

Will the election make oil credit crisis worse?
(DBN)

Santos Sees Writedowns as Sales Slump 24% Amid Oil Collapse
(DBN)

____________

Politics:

This Is a Test of the U.S. Political System
(DBN)

Donald Trump shares bizarre image of a balding Ted Cruz Trump Fear Stalks Davos as Elite Pray for Spring Reality Check Donald Trump's Father and Woody Guthrie Clinton Library to Release Documents on Trump Dealings with Bill Clinton Trump Calls for More Ethanol in Our Gas 'Cruz is going down' One of the most influential conservative publications is using an entire issue to try to stop Donald Trump Argentine president calls Donald Trump a 'very tough negotiator' Here's National Review's cover trying to hold the line against Trump Good Luck With That, National Review Trump Could Be Called as Witness at Bergdahl Trial Trump: Bible Flub Not My Fault
(DBN)

Campaigner-in-Chief Bill Clinton Is Worried Clinton's Very Bad, Horrible Week
(DBN)

Ted Cruz says this 2-year-old tweet proves Donald Trump is a phony Cruz: 'Establishment' cozying up to Trump The Hate-Cruz, Tolerate-Trump Republicans GOP Senators Warn of Revolt Over Cruz
(DBN)

Everyone is raving about Bernie Sanders' 'powerful' new ad Bernie Sanders Releases Tax Plan: 54% Top Rate On Income, Capital Gains & Dividends, Double The Estate Tax
(DBN)

Goldman Sachs contributions surge despite attacks
(DBN)

Rubio Rounds Up the Welders Vote (but Skips the Philosophers)
(DBN)

____________

Autos:

VW to EU Diesel Owners: Pound Sand
(DBN)

Obama’s right, and wrong, on autos
(DBN)

Trial Over Fatal Ignition Switch Stars Liar, GM Will Tell Jury GM Trial Foe Accused of Lying Hires Criminal-Defense Lawyer
(DBN)

____________

Travel:

2,653 Guns Found in Airport Luggage in 2015
(DBN)

Pilot: Flying While Drunk
(DBN)

____________

Compensation:

Dimon's Pay Jumps 35% to $27 Million
(DBN)

____________

Debt Collection:

The Erosion of Lawyer Independence
(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 (15 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (6 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)

______________

Bankruptcy Statistics:

 

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Press:

Was there a leak in Molycorp's bankruptcy proceedings? Bankruptcy judge to reconsider order requiring Bloomberg sources' disclosure
(DBN)

____________

Rules:

Key Considerations for Bankruptcy Practitioners Regarding Amended Federal Rules of Civil Procedure
(DBN)

Proposed Amendments to the Massachusetts Local Bankruptcy Rules
(DBN)

____________

Personal Bankruptcy:

Why So Many Ch. 13s? - A Modest Proposal for Protecting Consumer Debtors in the Poorest Jurisdictions
(DBN)

____________

Claims Trading:

Disclosing Claims-Trading Prices Would Hurt Debtors, Creditors
(DBN)

____________

Safe Harbors:

The Impact of the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 Repo 'Safe Harbor' Provisions on Investors
(DBN)

____________

Automatic Stay:

Illinois Court Holds BK Automatic Stay Does Not Revoke TCPA Consent, Strikes Class Claims
(DBN)

____________

Contempt:

Jewelry Store Owner Found in Contempt By Bankruptcy Judge Judge orders marshals to arrest former Shamrock Jewelers owner
(DBN)

____________

Avoidance Actions:

Lenders are Required to Investigate Suspicious Loan Transactions
(DBN)

____________

Executory Contracts:

Limited Liability Company Interests as Property of a Debtor’s Estate – Is the Operating Agreement Executory?
(DBN)

Limited Liability Company Interests as Property of a Debtor’s Estate – Executory Agreements and the Conundrum of Section 365
(DBN)

____________

LLCs:

The Death of an LLC: What’s Trending in LLC Dissolution Law?
(DBN)

____________

Coal:

Could Peabody be the next miner headed for bankruptcy ?
(DBN)

The War on Coal Exists, but Miners Are the Targets
(DBN)

Is This A Sign Of Stabilizing Coal Markets?
(DBN)

Federal government fighting Alpha Natural Resources’ executive bonus plan
(DBN)

Texas Loses Court Case Over Clean Power Plan
(DBN)

____________

Rail:

Canadian Pacific's profit misses as freight volumes decline
(DBN)

Union Pacific stock goes off the rails again
(DBN)

Oil bust takes heavy toll on railroads
(DBN)

____________

Bankruptcy Crimes:

Graves sentenced for false statements in bankruptcy proceeding
(DBN)

____________

Weather:

East Coast blizzard already a travel nightmare Massive winter storm: Here's the detailed forecast Meteorologists are running out of adjectives to describe the East Coast blizzard
(DBN)

____________

Mail:

The Postal Service Is Delivering Itself Into Bankruptcy , Audit Shows
(DBN)

____________

Distressed Investing:

High-Yield Funds Suffer Second-Biggest Weekly Outflows in Year
(DBN)

Junk Bond Market Braces for What Could Be a $117 Billion Logjam
(DBN)

____________

 

Sovereigns:

Peru could use legal tip from Brazil or Argentina
(DBN)

Argentina-style legal drama looms if Venezuela defaults on debt
(DBN)

Argentina's Macri says creditor talks not going so well Argentina's Macri hopes for creditor deal early in 2016 Argentina pledges to honor debts owed to holdout creditors Argentina 'wants to put offer on table' for debts
(DBN)

____________

UK:

Value shoe retailer Brantano UK placed under administration
(DBN)

Rogue charter? The abolition of the Jackson carve out for insolvency claims
(DBN)

One of the UK's biggest media companies is cutting nearly 1,000 jobs
(DBN)

____________

EU:

Draghi: No limits to how far we will go Draghi: Risks rising, need to think about stimulus 4 key takeaways from Draghi’s speech
(DBN)

Eurozone composite PMI falls in January
(DBN)

France and Germany are in a worse shape than people thought
(DBN)

Europe gropes for alternative to the failed EU
(DBN)

Banks' Wait for Clarity on EU Market Overhaul Will Soon Be Over
(DBN)

____________

PIIGS:

ie: Bankrupt numbers to double
(DBN)

Greeks From All Walks Of Life Unite Against Austerity Measures Thousands protest pension reforms in Greek capital
(DBN)

Greece: Surprise!
(DBN)

New cash crunch looms for Abengoa as viability plan discussed
(DBN)

Monte Paschi Rebounds as Authorities Edge Closer to Bad Bank
(DBN)

Italy could trigger Europe’s next crisis
(DBN)

Four Prime Ministers Later, Italy's Debt Is Still Growing
(DBN)

____________

Canada:

Primus Canada wins creditor protection as it negotiates sale
(DBN)

Poloz Sounds Fresh Alarm on At-Risk Canada Oil-Sands Producers
(DBN)

____________

China:

Christine Lagarde: We have faith in China, despite volatility
(DBN)

China Vice President Vows to 'Look After' Stock Market Investors
(DBN)

China’s Steel Industry Fights For Survival
(DBN)

____________

Austria:

Creditors Scuttle Austrian Bid to Dodge Carinthia Insolvency Insolvency threatens Austrian province as creditors reject offer
(DBN)

Major group of Heta creditors says rejects bond buyback offer
(DBN)

____________

Nigeria:

Court orders defunct Air Nigeria to pay N475m to ‘sacked’ workers
(DBN)

____________

India:

Finance Ministry Briefs Panel on Insolvency, Bankruptcy Code
(DBN)

____________

Argentina:

US won't oppose development loans to new Argentine govt
(DBN)

____________

Australia:

Palmer in frame for $60m clawback Clive Palmer pledges $250 million backing for Queensland Nickel refinery Clive Palmer denies putting business interests ahead of Queensland Nickel workers
(DBN)

Dick Smith creditors ' meeting to be delayed until August David Jones hit by Dick Smith fallout More angst for Dick Smith creditors and shareholders
(DBN)

____________

Russia:

Russian c.bank revokes Vneshprombank's license as banking pain spreads
(DBN)

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