January 7, 2016

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Norton Rose Fulbright Gets New Bankruptcy Partner
(DBN)

Morrison & Foerster Names New Bankruptcy Partner
(DBN)

Blank Rome Names New Bankruptcy Partner
(DBN)

Stinson Leonard Street Elects New Bankruptcy Partner
(DBN)

Harris Beach Names New Bankruptcy Partner
(DBN)

Paul Fleming Joins Dechert’s Restructuring Group
(DBN)

Offit Kurman Welcomes Bankruptcy Attorney Joyce Kuhns
(DBN)

Bankruptcy Litigation Pro Joins Phillips Nizer
(DBN)

Bieging Shapiro & Barber Welcomes Dallas Bankruptcy Partner
(DBN)

U.S. Law Firm Consolidation Accelerated in 2015 Wave of law firm pair-ups set to continue in 2016
(DBN)

What Do Lawyers Actually Do?
(DBN)

Maybe Your LinkedIn Profile Won’t Get You Disbarred!
(DBN)

Some Lawyers Still Hit Hard By Joblessness After The Recession
(DBN)

What Is Wrong With Dueling?
(DBN)

The Pink Ghetto: Shocking Stories About Harassment At Law Firms
(DBN)

Lawyer Became DuPont's Worst Nightmare
(DBN)

Deaf-Blind Harvard Law Grad Learning To… Surf?
(DBN)

These law schools accepted and lost the most transfer students; is Harvard too eager?
(DBN)

Female Law Students - Are Your Looks Holding You Back?
(DBN)

What Technologies Will Most Affect Big Law in 2016?
(DBN)

A New Metric to Evaluate Law Firm Quality
(DBN)

For Cheesehead Lawyer Due in Court, Packers Game Came First
(DBN)

The 3 classic tie knots every modern gentleman should know
(DBN)

How to Get Rid of Preloaded iPhone Apps
(DBN)

Obama’s Gun Plan: A Legal Assessment
(DBN)

Oregon 'militia' leader says he's doing the 'same thing' as Rosa Parks Oregon Occupier Warns FBI He'd Take Death Over Jail Cheers for Oregon Sheriff Who Told Militia 'Git'
(DBN)

Wisconsin governor Scott Walker: No pardon in ‘Making a Murderer’ case
(DBN)

Texas state trooper indicted for perjury related to arrest of Sandra Bland DPS to Fire Trooper Who Arrested Bland
(DBN)

Judge tosses $21.5M verdict for cruise-ship door injury, cites deleted emails
(DBN)

‘Affluenza’ teen’s mom will return to Texas for prosecution
(DBN)

Two Lawyers Accused of Billing New York State for Millions Over Decades
(DBN)

The Longest Legal Battle Ever
(DBN)

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Judges:

Colorado Gets New Bankruptcy Judge
(DBN)

Alabama Chief Justice Now In Open Revolt Against Supreme Court Over Gay Marriage Alabama chief justice orders probate judges to stop issuing same-sex marriage licenses
(DBN)

Judge Puts Racist In His Place — Which Is Jail
(DBN)

Utah judge who ordered baby removed from same-sex couple’s home retires
(DBN)

Judge is reprimanded for opinion referring to ‘iron fist and limp wrist’ of gay-marriage decision
(DBN)

Judge Whose N--- Photos Got Posted Online Breaks Her Silence
(DBN)

Judicial Kapelophiles
(DBN)

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Wall Street:

Dow poised to plunge again as China halt, oil spark rout Dow set for triple-digit losses amid rout
(DBN)

Dow drops 300-plus on North Korea H-bomb claims
(DBN)

It's pretty clear who the long-run winners on Wall Street are going to be
(DBN)

3 things every young Wall Streeter needs to know going into bonus season
(DBN)

The 'new normal' for Wall Street
(DBN)

Wall Street Promotion Logjam Endures With Fleming Latest to Exit
(DBN)

Apple plunges again, technician sees 29% drop
(DBN)

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Layoffs:

SolarCity to Eliminate 550 Nevada Jobs, Citing New Rates
(DBN)

Princess Yachts announce 350 job cuts
(DBN)

Monsanto says it will cut 1,000 more jobs
(DBN)

Report: Yahoo to cut 10% of its workforce
(DBN)

Macy's Firing Thousands in Downsizing
(DBN)

Morrison Healthcare files second layoff notice, 127 affected
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Politics:

Trump: I'll go down 5 points in the polls by saying this, but I think Obama's tears were real ‘Natural Born’ Quarrel Breaks Out Between Donald Trump and Ted Cruz Trump is blasting Paul Ryan's 'stupid' budget deal Trump urged to drop Clinton scandals Explaining Trump: Widespread Government Corruption
(DBN)

Ted Cruz had an amazing response to Trump’s concerns about his presidential eligibility Supreme Court To Desecrate Soldier Graves? Just Another Day In Ted Cruz’s Crazy Machine
(DBN)

The Questions Iowa Voters Are Asking Marco Rubio
(DBN)

Hillary Clinton’s Preferred Title for Bill? ‘First Mate’ or ‘First Dude’
(DBN)

Sanders vows to break up banks during his first year as president Elizabeth Warren Endorses Bernie's Wall Street Plan Bernie's Bad Break
(DBN)

Ryan path to presidency involves not running
(DBN)

Hank Greenberg Gives $10 Million to Super PAC Backing Jeb Bush
(DBN)

Rubio Promises to Rig the Game
(DBN)

Ben Carson wants to use 'secret shoppers' to monitor FHA, other agencies
(DBN)

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Computers:

Grail Semiconductor Files for Chapter 11 Bankruptcy
(DBN)

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Mining:

Noble Group Cut to Junk at S&P Following Downgrade by Moody's
(DBN)

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Economy:

ADP Says Companies in U.S. Increased Payrolls by Most in a Year Data point to economy's resilience
(DBN)

U.S. Job Creation Strong, but Down Slightly at End of 2015
(DBN)

World Bank cuts global growth forecast
(DBN)

Soros Sees Market Crises Like in 2008
(DBN)

U.S. services-sector growth slows 11-month low ISM Non-Manufacturing Index Decreased to 55.3% in December
(DBN)

Consumers More Confident in December
(DBN)

Americans' Assessments of Living Standards Brighter in 2015
(DBN)

Wall Street is 'underestimating' Fed rate hikes: Top official Market expects two hikes in 2016; that’s too few, says Fed’s Fischer
(DBN)

Richard Fisher: Fed Has No Ammunition Left
(DBN)

5 Things to Watch in the Fed’s December Minutes Minutes may show cracks in the Fed’s united front Fed minutes: For some, rate hike was 'close call'
(DBN)

9 charts that reveal how the American middle class has declined since 1970
(DBN)

A $500 Car Repair Bill Would Send Most Americans Scrambling
(DBN)

Finance executives are starting to worry about the US economy
(DBN)

More Mexicans are leaving the US than coming across the border
(DBN)

Marc Faber: Asset Markets Will Crash Like Titanic
(DBN)

US Debt Clock
(DBN

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

Mortgage Applications Drop 27% During Holiday Weeks
(DBN)

FL: Buildings in Palm Beach’s Bankers Row in contract to be sold out of bankruptcy
(DBN)

Reis: Apartment Vacancy Rate increased in Q4 to 4.4%
(DBN)

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Municipalities:

Retired San Bernardino police oppose cuts to pension
(DBN)

Debt-laden Detroit schools need state help: study Detroit Public Schools Face Bankruptcy: ‘We’re Running Out Of Money In April’
(DBN)

Creditors Cry Foul as Puerto Rico's Default is Smaller Than Expected
(DBN)

Flint: Gov. Aide's Email Shows Prior Knowledge
(DBN)

____________

Food/Beverage:

Chipotle sales crater 30% in December Chipotle is facing a federal criminal investigation How Big a Hit Has Chipotle Taken in Food Scare?
(DBN)

____________

Oil/Gas:

Oil Price Plunge Puts Law Firms on Both Sides of Bankruptcy Ledger
(DBN)

Thurs.: Crude below $33 as oil selloff deepens Brent oil at levels not seen since 2004
(DBN)

Oil tumbles below $34 on fears over gasoline storage build
(DBN)

Oil Producers Have $100 Billion Wiped Out in Worst Start to Year
(DBN)

Layoffs Expected to Continue in 2016 for Oil & Gas
(DBN)

Statoil Sees Risk of Deeper Slump as Oil Touches 12-Year Low
(DBN)

Will Oil Oversupply End in the Next 6 to 12 Months?
(DBN)

3 big reasons why oil is caught in a death spiral
(DBN)

Continuing Distress and Investment Opportunities in the Energy Markets
(DBN)

These Shale Drillers Could Soon Default As Credit Options Run Out
(DBN)

Eclipse Resources bonds fall as co. cuts back on production
(DBN)

Saudi Arabia's Oil War Pushes Brent Crude Below $35
(DBN)

Oil price plunge forces Alaska to freeze hiring
(DBN)

US gasoline stocks surge most since 1993; crude draws down: EIA
(DBN)

Fill 'er up! Gasoline prices set to tank
(DBN)

Kilduff: Time for an oil-industry bailout?
(DBN)

2016 Energy Outlook: Less Bad, But Not Good
(DBN)

E&P Impairments 2015 And Beyond: WARNING - The Tsunami Wave Train Rolls On
(DBN)

Petro Currencies Under Fire As Oil Keeps Sliding
(DBN)

Financially-Strapped Oklahoma Oil Firm Resists Call to Shut Down Wells Amid Earthquake Concerns
(DBN)

Saudis can afford cheap oil, but will be a grind Saudi Arabia Throws Down The Gauntlet, But To Whom?
(DBN)

New records show extent of damage from oil bust on North Dakota economy
(DBN)

____________

Finance:

Hung Loans: A battered market is about to face a 'real life test'
(DBN)

____________

Tax:

For Bankruptcy Purposes, the Ninth Circuit Bankruptcy Appellate Panel Asks: When is a Tax Return Not a Tax Return? — Then Provides An Answer Different From Other Circuits’
(DBN)

Secret plan shows the IRS wants to ‘get out of the business of talking with taxpayers’
(DBN)

____________

Personal Finance:

What job candidates hear when you ask questions like, 'What's your biggest weakness?' and 'Why do you want to work here?'
(DBN)

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Taxis:

San Francisco's Yellow Cab reveals possible plans for bankruptcy The largest taxi company in Uber's hometown is close to bankruptcy
(DBN)

Uber, Lyft helped facilitate slow death of San Francisco’s largest taxi company
(DBN)

Uber Black Drivers Protest, File Wage Lawsuit
(DBN)

____________

Gambling:

Caesars bankrupt division has net income of $29.6M in November
(DBN)

Two More Caesars Bondholder Lawsuits Must Go to Trial
(DBN)

____________

Distressed Investing:

'Turnaround Queen' Tilton's Fight With MBIA Goes On
(DBN)

Distressed Debt Outlook: Fortune May Favor The Brave In 2016
(DBN)

____________

Coal:

Bankruptcy judge OKs Alpha's bond contract
(DBN)

Walter Energy bankruptcy hearings continue in Birmingham Walter Energy Urges Approval of Asset Sale to Stalking-Horse Bidder
(DBN)

Indian coal barons’ $10 billion global mine investments may flounder
(DBN)

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Guns:

Colt's Bankruptcy Exit Roiled by Sciens Default
(DBN)

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Mass Torts:

Court Challenges to Pittsburgh Corning Plan of Reorganization Withdrawn
(DBN)

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Electricity:

Energy Future Faces New Hurdle in Bankruptcy Plan
(DBN)

____________

Awards:

Troutman Sanders Partner Harris Winsberg to be Inducted into American College of Bankruptcy
(DBN)

____________

Hollywood:

Relativity Turns to Kevin Spacey and Dana Brunetti to Run Its Film, TV Business
(DBN)

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Shipping:

Rough seas ahead for struggling shipyards in China
(DBN)

Hanjin Heavy asks creditors for breathing space
(DBN)

____________

Banking:

Wilmington Trust criminally charged U.S. indicts defunct bank
(DBN)

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Construction:

‘King of Cranes’ declares bankruptcy as accident victims’ families seek payout
(DBN)

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Travel:

Father Furious at TSA 10 Minute Pat Down
(DBN)

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New Bankruptcy Opinions
(5 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (86 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (13 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:

Restructuring Activity to Be Boosted By Flagging Commodities in 2016
(DBN)

Energy, Retail, Healthcare and Education Facing the Most Distress, Says AlixPartners Restructuring Survey
(DBN)

Bankruptcy filings decline in Pittsburgh region
(DBN)

Assessment: Is Your Company About to Fail?
(DBN)

______________

Discharge:

Discharge Injunction: There May Be More Nuances Than You Think
(DBN)

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Trustees:

Court Reopens Lawsuit Against Prominent Receiver Kenneth Welt
(DBN)

____________

Surcharge:

Fifth Circuit Affirms Secured Lender Surcharge
(DBN)

____________

Disclosure:

Court of Appeals Reminds Debtors That Honesty Is Not Only the Best Policy, But Is Required
(DBN)

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Mootness:

11th Circuit Restricts Equitable Mootness
(DBN)

____________

Laches:

Flight attendant’s years of delay grounds his attempt to reopen United’s bankruptcy
(DBN)

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Litigation:

The Biggest Issues That Fluster Lawyers in e-Discovery
(DBN)

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Healthcare:

The Shocking Collapse of Forest Park Medical Center
(DBN)

Forest Park Austin's Real Estate Property Owner Files For Bankruptcy
(DBN)

MannKind Corp. Sinks Again On Bankruptcy Concerns
(DBN)

Passage nears in N.J. Legislature on hospitals-towns tax deal
(DBN)

____________

Autos:

VW CEO says that it could take the car maker 2-3 years to recover from diesel scandal Volkswagen is confident that it can fix emission-cheating diesels in the US Volkswagen shares hit hard on US Justice Dept bankruptcy-inducing approach VW likely to buy back 115,000 US cars: Report
(DBN)

Bankruptcy judge terminates contract for failed robotic parking operation
(DBN)

____________

Celebs:

Wylys, IRS heading into epic court battle Wyly Fortunes Hinge on $3 Billion `Difference of Opinion' Texas tycoon Wyly engaged in massive tax fraud, IRS tells court Dee Wyly denies knowledge of offshore trusts
(DBN)

Will judge in Cosby criminal case allow similar r--- claims as evidence?
(DBN)

____________

Student Debt:

Are You There, SCOTUS? It’s Me, Tetzlaff. The Harsh Bankruptcy Discharge Rules Are Not Protecting The Integrity Of The Federal Student Loan Program
(DBN)

____________

Farming:

Little chance of payment for unsecured creditors in elevator bankruptcy
(DBN)

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Religion:

FL: Church in Jupiter files bankruptcy
(DBN)

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Retailing:

Why More Retailers Could Default in 2016
(DBN)

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Debt Collection:

The Demise of the “Profession” of the Practice of Law for Consumer Collection Attorneys
(DBN)

____________

Corporate Governance:

The Judge Who Shoots Down Merger Lawsuits
(DBN)

Senate Bill Would Require Disclosure Concerning Corporate Boards’ Cybersecurity Expertise
(DBN)

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Sovereigns:

Argentine Central Bank Swaps Notes for 16B in New Sovereign Bonds
(DBN)

____________

UK:

Goldman Sachs chart: Decline in British with driving licenses
(DBN)

The Conundrum of Collective Consultation
(DBN)

UK entrepreneurs set to liquidate companies over tax rule changes
(DBN)

UK warns of 'dangerous cocktail' of economic threats
(DBN)

Unsecured S&A creditors face uncertain wait
(DBN)

Parabis: unsecured creditors set to lose millions
(DBN)

____________

EU:

Merkel has run out of bazookas to help Europe
(DBN)

Europe's Already Bleak Outlook Shields Bonds From Market Turmoil
(DBN)

____________

PIIGS:

Italy's Jobless Rate Falls to Three-Year Low in Boost for Renzi
(DBN)

For Greece, 2016 Brings New Challenges
(DBN)

How the SYRIZA-led government privatized Greek banks
(DBN)

____________

Canada:

Oil and gas M&A trends in Canada
(DBN)

____________

Germany:

German manufacturing orders rise sharply
(DBN)

____________

China:

China market tumbles, triggering shortest trading day in its history
(DBN)

China lets yuan fall faster, share trading suspended as prices tumble
(DBN)

China's all-important services sector is slowing to a crawl
(DBN)

The trouble with China (it’s intensifying in 2016)
(DBN)

China FX reserves fall, biggest ever annual drop
(DBN)

How debt, dollar and the Chinese economy could tie Fed’s hands
(DBN)

____________

Croatia:

Consumer Bankruptcy Act Introduces Consumer Bankruptcy into the Legal System
(DBN)

____________

Australia:

Insolvency experts called in to Clive Palmer's Queensland nickel refinery Refinery fate a tale of two Clives
(DBN)

____________

Brazil:

BTG-Backed Rig Venture Said to Mull Bankruptcy Filing in Brazil
(DBN)

____________

Belgium:

2015 job losses due to bankruptcy at 7-year low
(DBN)

____________

India:

Light at the end of the tunnel
(DBN)

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