January 29, 2016

The Daily Bankruptcy News

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Law:

Revised outlook for growth in lawyer jobs is glum The Government’s Outlook On Jobs For Lawyers Is Bleak
(DBN)

Associate Bonus Watch: ‘Very Satisfying’ Bonuses — Plus A Pay Scale Overhaul
(DBN)

Job-offer rate for summer associates is at a 10-year high
(DBN)

Bankruptcy attorney fights judge's ruling to send her to jail
(DBN)

Atlantic Beach Attorney Charged With Embezzling From Bankruptcy Estate
(DBN)

Coming and Going Concerns
(DBN)

Ex-Howrey Chair Discusses His New Shop, Old Firm's Demise
(DBN)

UK: Kirkland Leads The Pack With "Rock Star Pay"
(DBN)

Freshfields top earner enjoys thicker pay packets despite profit plateau
(DBN)

These Nine Women Lawyers Love Two Things: Dancing, and Makin’ it Rain
(DBN)

Can You Say ‘No’?
(DBN)

Manage Expectations Before They Bite You
(DBN)

In-House ‘Strategic Sourcing’ Poses Questions for Law Firms
(DBN)

These top-ranked law schools have cut 1L class sizes by more than 25%
(DBN)

This Law School Will Pay You To Take The GRE To Save Its U.S. News Rank From The Dreaded LSAT
(DBN)

Is Homophobia Going To Cost This Law School Its Accreditation?
(DBN)

Today’s Tech: A Lawyer And Dragon Dictate (Also, Thanks For Nothing)
(DBN)

Poor, Black Lawyers Lack Work Ethic, Says Legal Recruiter
(DBN)

Megyn Kelly of Fox News handled law firm ‘macho culture’ as a former lawyer
(DBN)

Uber Needs To Uber Some Lawyers
(DBN)

Disbarment recommended for lawyer who called disciplinary counsel a 'pimp' and 'Oreo'
(DBN)

Retired lawyer handled pro bono case, called opposing counsel ‘lawyer babe,’ ethics complaint says
(DBN)

Judge threatens to jail lawyer who keeps arguing his client is victim of anti-Muslim hysteria
(DBN)

Defying his own son, Cliven Bundy rallies Oregon militants to ‘fight’ to the end Police Say Armed Oregon Militia Leader Ran a Roadblock and "Reached For His Waistband" Before He Was Killed Oregon Militia: We'll Leave if No Charges The FBI has released a video of the shooting death of the Oregon 'militia' member
(DBN)

'Affluenza' teen Ethan Couch set to return to US from Mexico Couch's Previous Problems with the Law
(DBN)

Eric Holder, in SF, Talks Big Law, Obama and the Future of Fraud
(DBN)

How David Boies Saved Natalie Portman's Troubled 'Jane Got a Gun'
(DBN)

Lawyer Hit With Bar Charges For Exposing The Warrantless Surveillance Program Under President Bush
(DBN)

Boston Police Sergeant Adopts Curious Defense To Allegedly Sending Picture of Himself To Teenage Girl
(DBN)

Lawyers for indicted activists behind Planned Parenthood videos blame ‘runaway grand jury’
(DBN)

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Judges:

The First Step To Being A Great Justice Is Being Humble
(DBN)

"Humble" U.S. Supreme Court Justice - Sonia Sotomayor Positions Herself As Everywoman
(DBN)

Arizona governor wants the state out of the 9th Circuit
(DBN)

9th Circuit upholds Arizona’s restrictions on judicial campaign activities
(DBN)

This Hitler-loving, gay-hating Oregon judge is so unethical that he might be a criminal, state panel finds
(DBN)

“Think Hard and Fast About Your Priorities”: Federal Judge Chastises Rep. Chaka Fattah For Not Paying His Criminal Defense Lawyers
(DBN)

White House: Obama doesn't want to serve on Supreme Court
(DBN)

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Wall Street:

Dow futures up triple digits on surprise BOJ rate move
(DBN)

Dow closes up triple digits as oil rises
(DBN)

Traders haven't bet against stocks this aggressively since 2010
(DBN)

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Layoffs:

Altria Group cost cuts to cost jobs
(DBN)

Why companies aren’t in job-cut mode is a puzzler
(DBN)

Microfibres laying off 125
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Politics:

FactCheck: GOP Debate
(DBN)

The 2016 election will come down to this question
(DBN)

Trump Fact Check: "I never once asked that (Megyn Kelly) be removed" as a debate moderator. Trump's Power Play Skipping the debate could backfire The Populist Power of Donald Trump Trump praises Megyn Kelly’s moderating skills Billionaire Saudi prince fires back after Donald Trump promotes fake photo of him and Megyn Kelly Donald Trump cast a gigantic shadow over the Fox News debate Donald Trump was mentioned 10 times in the first 8 minutes of the debate Donald Trump mocks debate: 'They're all sleeping' Ted Cruz mocks Donald Trump during Fox News debate: 'If you guys ask me one more mean question!' Trump’s bid to woo vets met with skepticism Trump Foundation Has Given Little to Vets
(DBN)

Megyn Kelly drops anvils on Marco Rubio and Ted Cruz with brutal montages of their past statements
(DBN)

Cruz on the Spot, Rubio on the Hunt
(DBN)

Here's who has the best chance at being our next president
(DBN)

A former conservative activist has a fascinating explanation for the Republican Party's implosion
(DBN)

'They are burning money': Donors are unhappy with Jeb Bush's lavish spending
(DBN)

The Man Behind the 'Black Americans for a Better Future' Super PAC Is a White, Ted Cruz-Loving Billionaire When Ted Cruz Wanted to Be Part of the Establishment
(DBN)

Rand Paul Promises College Kids Letters of Recommendation to Show Up at His Rally
(DBN)

Sanders Slams Clinton On Leaving Iowa For Fundraiser With Financial Industry Executives Bernie Sander's Fiction Filled Campaign
(DBN)

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Financial Literacy:

US schools get failing grade for finance lessons
(DBN)

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Healthcare:

Risk Factor for Early Death in Cancer Patients: Bankruptcy
(DBN)

America's largest drugstore isn't happy with Theranos
(DBN)

New Beginnings filed for Bankruptcy Chapter 11 protection last Friday
(DBN)

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Celebs:

Abby Lee Miller Fraud Bankruptcy Case — Quitting Dance Moms Truth Abby Lee Miller’s Bankruptcy Fraud Case Delayed — In More Hot Water?
(DBN)

Wyly bankruptcy trial concludes Judge Gets 'Heartburn' in $2 Billion Tax Trial
(DBN)

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Economy:

A lesson for the Fed from BOJ Bernanke: Fed likely to add negative interest rates to toolkit
(DBN)

This may be a sign U.S. GDP is shrinking
(DBN)

Earnings hint we may be headed toward a recession
(DBN)

Jobless Claims Fall More Than Expected After U.S. Holidays
(DBN)

BlackRock's Rick Rieder Says Rising Debt Costs Curb Investment
(DBN)

Stress Test for 33 Banks Over Global Downturn
(DBN)

Fed’s December hike was a mistake: ex-BOE official
(DBN)

Durables dip may mean economy actually shrank
(DBN)

U.S. manufacturing is teetering on the edge Why the Manufacturing Contraction Might Not Signal a Recession
(DBN)

Confusion About the Financial Crisis Won't Die
(DBN)

Weaker economy? That won't stop the Fed: Economist
(DBN)

Q&A: Rudy Giuliani has identified the next big crisis
(DBN)

Economists Get Closer to Spotting Recessions
(DBN)

Three Charts That Show U.S. May Be Entering a Recession
(DBN)

Fourth-quarter earnings are dropping recession hints
(DBN)

Ka-Boom Goes The Bottom Of The U.S. Bond Market
(DBN)

Lower oil prices squeezing US manufacturing sector
(DBN)

Caterpillar gives strong profit view, cuts sales guidance
(DBN)

Is a market storm coming? Ask an escort
(DBN)

56%: Our Kids Will Have It Worse
(DBN)

Why millennials aren't starting more businesses
(DBN)

This is how a central bank could kill off cash with negative interest rates
(DBN)

US Debt Clock
(DBN

Economic Indicators Dashboard
(DBN)

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Real Estate:

Mortgage rates fall for fourth week in a row
(DBN)

US Pending Home Sales Inch up in December
(DBN)

Now Texas in Top 5 States for Foreclosures
(DBN)

5 years before homeowner equity returns to normal
(DBN)

Where Housing Crisis Pain is Still Felt
(DBN)

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Municipalities:

Puerto Rico’s Debt Crisis: Why There’s No Quick Fix
(DBN)

Puerto Rico plans debt-exchange offer Friday
(DBN)

Bankruptcy and Bailouts: Where Puerto Rico Went Wrong
(DBN)

Morgan Stanley Paid New Jersey Widow Over Puerto Rico Losses
(DBN)

Rauner's bankruptcy talk didn't sandbag CPS borrowing
(DBN)

Illinois’ fiscal problems drive away GE, spur talk of bankruptcy, pension reform
(DBN)

Kentucky City Enters Mediation While in Bankruptcy
(DBN)

What Flint's Dirty Water and Detroit's Angry Teachers Have in Common Email: Michigan Officials Gave State Employees Bottled Water a Year Before Flint Residents Got It
(DBN)

Atlantic City's Former Emergency Manager Upbeat on Future
(DBN)

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Oil/Gas:

Crude rises on unlikely scenario for output cut
(DBN)

Back To The Future: This Plummeting Oil & Gas Market Is Unlike Any Prior Crisis
(DBN)

US energy M&A hits 5-year low amid 'survival mode'
(DBN)

Baker Hughes loses $1 billion in the fourth quarter
(DBN)

Believe it or not, oil is back in a bull market
(DBN)

Oil jumps as Russia says Saudis proposing global oil cut Russia says Saudis proposing 5 percent global oil cut OPEC delegates deny talk of Russia meeting: report Chances of OPEC, Russia oil deal slim to none Confusion On Saudi Proposed Production Cut See Oil Prices Spike
(DBN)

What’s Not to Like About Cheap Oil? Well ...
(DBN)

These energy companies are running low on cash
(DBN)

Pemex Lost $10.2B in 3Q: Mexico May Give Capital Boost
(DBN)

Rystad: $230 billion in oil projects mothballed because of cheap crude
(DBN)

Petrobras Cuts Managers to Save $440 Million a Year in Rout
(DBN)

Has Cheap Oil Become Bad For The Economy?
(DBN)

M&A Isn't Saving Oil US energy M&A hits 5-year low amid 'survival mode'
(DBN)

Do These Oil Companies Have 50% Downside?
(DBN)

This Oil Driller's Budget Would Barely Cover a Hamptons Home
(DBN)

Petrobras Staffers Idly Killing Time After Expansion Plan Gutted
(DBN)

Crude Carriers Cutting Speeds as World Swims in Glut of Oil
(DBN)

The oil price crash made this broker £125 million in the last two months
(DBN)

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Fraud:

A former NFL player is on trial for allegedly running a Ponzi scheme
(DBN)

Premier Cru: Trustee asks judge to order wine company's secret computer turned over Premier Cru: Bankruptcy proceedings begin in Berkeley wine scandal
(DBN)

It Turns Out That The Feds Have Been Onto Martin Shkreli For Years
(DBN)

Petters Ponzi Trustee Sets $160 Million Liquidation
(DBN)

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Religion:

Bankruptcy judge OKs plan to sell Twin Cities archdiocese chancery
(DBN)

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Student Debt:

Navient’s Financial Results Show Decade-Low Delinquency Rates
(DBN)

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Shipping:

A New Theory of Why Global Financial Collapse Is Coming Soon
(DBN)

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Education:

DeVry University Lawsuit Again Shows Downside of For-Profit Colleges
(DBN)

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Hollywood:

Relativity Tells Court It Has Addressed Main Objections To Bankruptcy Exit
(DBN)

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Personal Finance:

7 toxic money habits you need to break right now
(DBN)

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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 (31 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (4 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:

Fitch: Higher-Than-Average Multiples, Stronger Recoveries Amid Industrial/Manufacturing Bankruptcies
(DBN)

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Avoidance Actions:

Seventh Circuit Holds Illinois Tax Sales May Be Set Aside as Fraudulent Transfers
(DBN)

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Property of the Estate:

Mere Physical Possession Not Legally Cognizable Property Interest
(DBN)

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Bankruptcy Alternatives:

Be Careful What You Wish For: Eleventh Circuit Finds that an Assignment for the Benefit of Creditors Cannot be Converted into a Bankruptcy without Specific Authorization
(DBN)

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Litigation:

Do New e-Discovery Rules Favor the Defense?
(DBN)

____________

Autos:

Ford posts record earnings as demand for SUVs soars
(DBN)

Fiat Chrysler's New Strategy: Ignore the Future
(DBN)

VW: Some Diesels Can't Be Fixed
(DBN)

____________

Coal:

Coal Bankruptcy 101: Companies Are Leaving Workers and Communities In the Lurch
(DBN)

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Derivatives:

Derivatives Mean U.S. Cities Get No Free Pass From Crisis Legacy
(DBN)

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Taxis:

Uber isn't to blame for Yellow Cab bankruptcy
(DBN)

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Retailing:

Quiksilver U.S. Plan of Reorganization Confirmed
(DBN)

The Little Boutique That Joined, Then Divorced, American Apparel
(DBN)

Walmart Closures Leaving Small Towns 'Broken,' Residents Say
(DBN)

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Sovereigns:

Azerbaijan talks aid with IMF, plans to revise budget
(DBN)

____________

UK:

Amanda Staveley sues Barclays for almost £1bn
(DBN)

Bankruptcies tumble to 25 year low - why there's nothing to celebrate
(DBN)

Insolvency practitioners have 'nothing to fear' from new guidance
(DBN)

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PIIGS:

Creditors heading to Greece amid bailout 'progress' Creditor representatives to return to Athens on Saturday
(DBN)

Monte dei Paschi Posts Yearly Profit After Restating Accounts
(DBN)

Italy Banks’ Bad Debt Guarantee System Ready by End March
(DBN)

Italy is set up for a showdown with the European Union
(DBN)

Italian Banks on Losing Streak After Bad-Loan Deal Disappoints
(DBN)

Novo Banco Bond Investors Said to Hire Clifford Chance, PLMJ
(DBN)

ie: New bankruptcy legislation comes into force from today
(DBN)

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Canada:

Oil price plunge spurs restructuring shift at Canada banks, law firms
(DBN)

Alberta Hit Hard By Oil Crash As Unemployment Skyrockets
(DBN)

Energy industry on ‘pins and needles’ ahead of Alberta royalty review
(DBN)

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South Korea:

Samsung warns of more pain as profit falls 40%
(DBN)

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Brazil:

Restructuring Experts Say Brazil Will Be Their Hot Spot in 2016
(DBN)

Brazil court upholds OAS bankruptcy plan, paving way for asset sales
(DBN)

Bradesco's Provisions for Bad Loans Surge 27%, Forecast Worsens
(DBN)

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Australia:

Queensland Nickel creditors to meet
(DBN)

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MENA:

End to Saudi Algosaibi debt saga inches closer as creditors meet
(DBN)

Al Gosaibis seek Saudi consent to settle dispute over $6bn debt
(DBN)

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Russia:

Russia’s Great Shift Downward
(DBN)

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Bahamas:

PM: You'll Cheer With Me When Baha Mar Opens
(DBN)

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China:

Someone used more modern metrics to measure the Chinese economy — and it's ugly
(DBN)

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Japan:

The Bank of Japan just stunned global markets by announcing negative interest rates
(DBN)

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