July 11, 2016

The Daily Bankruptcy News

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3-Column Formating

 

Law:

First-Years Get Raises… Everyone Else Gets A Warm Glass Of Confusion Holdout Firm Flip-Flops On Salary D.C. Heavyweight Announces Tentative Future Raises Raises Have Slowed Down… Associate Anger Has Not Elite Boutique Firms Continue To Outdo Biglaw When It Comes To Associate Salary Raises T-Minus 7 Days Until BakerHostetler Gets Their Raise Game In Order The Great Associate Salary Raises of 2016
(DBN)

Diving Deeper, More Millennial Lawyer Survey Results
(DBN)

Latham raids Ashurst again with restructuring partner hire Leading Restructuring and Insolvency Partner to Join Latham & Watkins in London
(DBN)

A Law Firm Should Hire Apprentices, Not Interns
(DBN)

King & Wood Mallesons scouting for US merger
(DBN)

After 20 Years Of Teaching, I Am Banning Laptops In My Law School Classroom
(DBN)

Harvard Law Professor Sees 'Blessing' In Alzheimer’s Diagnosis At Age 63
(DBN)

Law Professor Pens 6-Page Response To Students Who Criticized His 'Black Lives Matter' Shirt
(DBN)

Managing Partners on Change: Client's Don't Ask, Partners Resist
(DBN)

What top Chicago law firms charge clients for corporate and litigation work
(DBN)

New All-Time Record for Legal Fees?
(DBN)

Top Chef Can Teach Big Law about Customer Service
(DBN)

Downsizing Continues at Law Firm Libraries
(DBN)

Legal Sector Holds Steady In June, Adding 100 Jobs
(DBN)

After Nixing Summer Program, Quinn Emanuel Lures 3Ls with $35K Bonus
(DBN)

At Blaqwell, Watching the Ink on Big Firms' Bottom Lines
(DBN)

Post-Brexit jitters: UK firm freezes pay amid ‘political and financial uncertainty’
(DBN)

Don’t Fear the Robot, Says Richard Susskind
(DBN)

White & Case Tops 1st-Half For Deal Work
(DBN)

Bankruptcy lawyer ‘schooled’ for misleading submissions
(DBN)

What Law Firms Can Learn From Samantha Bee And Her Centaur With Laser Eyes
(DBN)

48 tips on becoming more powerful
(DBN)

21 subtle signs your coworkers hate you
(DBN)

Why your paralegals hate you
(DBN)

The most common blunders people make with LinkedIn
(DBN)

Georgia Man Called Police, Then Shot Responding Officer A Divided Nation, United in Grief Dallas Mayor Mike Rawlings: ‘We Have Led the Next Generation Down a Vicious Path’ Dallas Police Chief: Shooter Seemed Delusional Dallas Police Killer Took a Sudden, Violent Turn BLM Protesters Condemn Dallas Violence It Isn't BLM Calling for Others to Kill Police The Dallas Shooting and the Advent of Killer Police Robots Dallas Gunman Amassed Arsenal in Home A week of bloodshed has further divided a nation already fractured over race These are the police officers who died in the Dallas shootings President Decries Shootings As Acts That 'Should Trouble Us All' Obama reaches out to battered nation after rage of ‘demented’ Dallas gunman Police Shootings Test Trump, Clinton’s Resolve on Deep U.S. Divisions The Ethics of Blowing Up the Suspect The Silence of the NRA Cop Pulled Philando Over for His Wide Nostrils Hundreds Arrested in New Protests Across US Police Clash With Protesters in St. Paul In Dallas, Police Lives Are Mourned But Rage Continues to Boil Over Lawyers Who Wore Badges Lament Shootings of, by Police
(DBN)

SEC Says Texas AG Paxton Can't Wriggle Away
(DBN)

Firm staffer found guilty of assaulting paralegal at firm Christmas party
(DBN)

Pete Rose Says Lawyer Nemesis Defamed Him
(DBN)

Ashley Madison's Threats if One Disputes Bills
(DBN)

Kids Selling Their Bodies to Rich Older Men
(DBN)

Law student complains that essay bought online was not up to scratch
(DBN)

Prisoners Break Out, Save Guard
(DBN)

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Judges:

This Federal Judge Just Loves Nerding Out
(DBN)

BK ND IN: Bankruptcy judge position accepting applications
(DBN)

Ohio Court Sanctions Lawyer For Sharing Publicly-Available Court Documents With Journalists
(DBN)

With The Future Of SCOTUS In Mind, Justice Ruth Bader Ginsburg Shudders At The Thought Of A Trump Presidency
(DBN)

How to Write Like Antonin Scalia
(DBN)

Justice Thomas, Undaunted
(DBN)

Ruth Bader Ginsburg, No Fan of Donald Trump, Critiques Latest Term - The New York Times
(DBN)

Chief Justice John Roberts' game of chess
(DBN)

UK Court: Stop with the ‘grandiloquent’ advocacy
(DBN)

The nation's legal system needs a full Supreme Court
(DBN)

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Wall Street:

U.S. Stock-Index Futures Advance as Growth Optimism Returns
(DBN)

Stocks close near record high, fueled by strong jobs report
(DBN)

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Layoffs:

Northern Indiana audio equipment maker idling 125 workers
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Alternative Finance:

Another US marketplace lender is in trouble
(DBN)

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Politics:

Democrats Add Bernie Sanders’s $15 Minimum Wage Call to Party Platform
(DBN)

Hillary Clinton Resists Characterization of Email Handling as Careless
(DBN)

Donald Trump had years of troubles in Atlantic City Fact Check: Donald Trump has 'bankrupt four separate businesses' Donald Trump Heads to the Hill Donald Trump is teasing his vice-presidential announcement in an Apprentice-esque public fashion 'I don't like mosquitoes!' Who in the GOP Supports Trump, or Doesn't Donald Trump’s Comments Intensify Concerns Among Republican Donors Why Donald Trump is considering a general for his running mate Donald Trump might pick a Democratic retired general as his running mate
(DBN)

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Celebs:

NBA star reveals what he learned from losing $100 million
(DBN)

Teresa Giudice's Net Worth Problems Not Over? Malpractice Lawsuit And Tax Lien Are Causing More Drama
(DBN)

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Retailing:

Bankruptcy Court Resolves Another Dispute Between Sports Authority And Consignment Vendors
(DBN)

At Bankruptcy Hearing, Hastings Finds Some Hope
(DBN)

Draw Another Circle Taps Cooley As Ch. 11 Corp. Counsel
(DBN)

Can Hastings pick up the pieces and stage a comeback?
(DBN)

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Museums:

Judge OKs sale of aviation museum buildings in Oregon
(DBN)

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Fishing:

Citing stalled Peru sale, opposition to Pacific Andes’ bankruptcy mounts
(DBN)

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Economy:

U.S. Job Growth Rebound Calms Fears of Economic Swoon
(DBN)

Global economy 'grim' and G20 must step up to fix it: China
(DBN)

2016 Rate Hike Still Possible 2016 Rate Hike Still Possible
(DBN)

Most American families can't afford a new car, study finds
(DBN)

Something crazy is happening to the Swiss bonds, and it's a sad sign for the world economy
(DBN)

US Needs a Good Old-Fashioned Depression
(DBN)

The earnings recession may be about to end
(DBN)

G-20 Says Industrial Overcapacity Has Put Dent in Global Trade G-20 Trade Ministers See Global Investment Falling Up to 15%
(DBN)

This map shows how bad income inequality is in your state
(DBN)

Crazy Levels Of Debt Another financial crisis? Soaring global debt since 2008 raises risk as world economy sputters
(DBN)

26M Americans are Now "Too Poor to Shop"
(DBN)

Nowhere Fast: Drifting World Economy Skirts Worst But Still Lags
(DBN)

China: The Global Economy is Grim
(DBN)

Justice Department Overruled Recommendation to Pursue Charges Against HSBC, Report Says - DOJ Afraid Of 'Global Financial Disaster'
(DBN)

US Debt Clock
(DBN

World Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Regional Mall Vacancy Rate Increased in Q2 2016
(DBN)

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Municipalities:

Federal Judge Declines Commonwealth’s Lawsuit Stay Requests
(DBN)

Why Puerto Rico's Default Isn't All Bad News
(DBN)

Promesa for Whom?
(DBN)

A Stumble May Lead Puerto Rico Forward
(DBN)

A lifeline for Puerto Rico
(DBN)

Detroit, D.C. offer clues to the future of Puerto Rico's public pension funds
(DBN)

Are General Obligation Bonds Really Safe? Puerto Rico Just Taught Us Otherwise
(DBN)

Guam's children will grow up with 'a lot of debt' Financial turmoil in Puerto Rico puts Guam under watch
(DBN)

Here's what it would take to knock muni bonds off course
(DBN)

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Oil/Gas:

Weekly U.S. Oil Rig Count: The Summer Of Drilling Morgan Stanley warns that rising rig count could undo the rally
(DBN)

Oil falls on economic woes; drillers adjust to lower prices Oil falling below $40 a barrel again isn't out of the question Oil falls further under $50 on Asia demand concern
(DBN)

Crashing Gasoline Futures Drag Oil Prices Lower Cheap gasoline saved consumers $480 last year, study says
(DBN)

Energy bankruptcies dominate Houston's legal industry
(DBN)

Energy ‘death list’ proves prescient
(DBN)

Rebounding Oil Prices Capped By Strong Dollar
(DBN)

C&J hopes to restructure, avoid bankruptcy under another CEO C&J Energy Services Enters Into Restructuring Support Agreement
(DBN)

Midstates Get Court's OK To Poll Creditors On Ch. 11 Plan
(DBN)

Mired in debt, Tuscany Energy joins list of failed juniors
(DBN)

New study: US brimming with oil reserves, but . . .
(DBN)

Crude Oil Prices and Debt Trading
(DBN)

Houston's schools adjust to an oil bust, after gearing up for a boom
(DBN)

‘Wild downhill oil ride’ claims 35,000 jobs in Texas Oil Industry Faces Huge Worker Shortage
(DBN)

Drilling ramp up could get snagged on labor problems
(DBN)

Oil Crisis Pushes Houston Office Vacancy Rates to 20-Year High Slump In Oil Prices Wreak Havoc on Houston’s Commercial Real Estate
(DBN)

Office rents are rising in Denver, even as oil and gas companies flood market with space to sublease
(DBN)

U.S. economy rebounds, but energy still struggles
(DBN)

Private equity investors to increase investment in oil and gas sector
(DBN)

Falling US Oil Output Not Enticing Enough For Wary Investors
(DBN)

____________

Steel:

Essar Steel Minnesota files for bankruptcy after Dayton pulls mineral leases
(DBN)

Essar Steel Minnesota's Chapter 11 Bankruptcy - Another Victim Of The Chinese Steel Industry
(DBN)

Essar Steel Minnesota Loses Mineral Leases, Files Bankruptcy
(DBN)

Essar Steel's US Unit Hits Ch. 11 With $1B Debt
(DBN)

____________

Coal:

Cleanup obligation is core to plan for coal giant Alpha to exit bankruptcy
(DBN)

Bond substitution for 2 Wyoming coal mines praised
(DBN)

Pa. regulators, coal industry say money secure for mine cleanup
(DBN)

Peabody asks court to be allowed to pay property taxes
(DBN)

Deutsche Bank Pulls Back from Deals in Coal Mining Sector
(DBN)

Alpha Natural Resources Nets Reorg Plan OK
(DBN)

____________

Healthcare:

Franklin Hospital officials: We're not going bankrupt anytime soon
(DBN)

Federal judge grants second extension on Go Ye plan
(DBN)

____________

Pensions:

Pension covering hundreds of YRC Worldwide employees faces insolvency
(DBN)

Protecting Nest Eggs and Other Retirement Benefits in Bankruptcy
(DBN)

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Shipping:

Tanker Operator SCF’s PRISCO bid makes waves
(DBN)

____________

Fraud:

The Shadowy Jewish Couple Behind Trump's Infamous Institute
(DBN)

____________

Currency:

Bitcoin supply to be cut in half Bitcoin ‘Miners’ Get Set for Another Pay Cut Bitcoin 'miners' face fight for survival as new supply halves
(DBN)

____________

Gambling:

Odds Making The Caesars Bankruptcy: Tepper Vs. Black - Playing The Tale Of The Tape
(DBN)

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Distressed Investing:

'Fallen Angel' ETFs Bet Big on Further Energy Renaissance
(DBN)

____________

Banking:

U.S. banks' wealth management profit engine seen stalling
(DBN)

____________

New Bankruptcy Opinions
(7 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (21 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (7 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 Remoteness:

Bankruptcy Courts Closing In – Will An Agreement Requiring Unanimous Consent To File For Bankruptcy Be Effective?
(DBN)

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Involuntary Bankruptcy:

Creditors Face Limits on Involuntary Bankruptcy Petitions against Non-Profit Health Care Entities
(DBN)

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Safe Harbors:

Court limits the scope of bankruptcy safe harbor for settlement payments in connection with a securities contract under section 546(e)
(DBN)

____________

Limitations:

Standing In The Debtor's Shoes: Lender’s Derivative Breach of Fiduciary Duty Claim Not Time-Barred Because of Its Knowledge
(DBN)

____________

Mootness:

Tenth Circuit Examines Three Versions of Appellate Mootness
(DBN)

____________

Corporate Governance:

Delaware judge rules DFC Global was sold too cheaply in 2014
(DBN)

____________

RSAs:

Not So Swift: Delaware District Court Gives Remedial Lesson in Basic Contract Law Finding that an RSA Would Likely Be Enforced According to Its Terms
(DBN)

____________

Chapter 13:

National Chapter 13 Plan Form Getting Closer
(DBN)

Chapter 13 Trustee Must Return Funds to Debtor Following Dismissal of Case
(DBN)

____________

TBTF:

The Fed's focus on 'too big to fail' won't save taxpayers from the next bailout
(DBN)

____________

Post-Confirmation:

Some Much Needed Transparency Required on Liquidating Trustees, Liquidating Trusts, Plan Documents, and Other Post-Confirmation Matters
(DBN)

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Miscellaneous:

5 Bankruptcy Cases To Watch In The Second Half Of 2016
(DBN)

____________

Media:

Hulk Hogan vs. Gawker: A timeline
(DBN)

Gawker Founder Nick Denton Lowers Asking Price of His Soho Rental
(DBN)

Gawker Preps For Bankruptcy Auction, Leading Bid is $90M
(DBN)

____________

Student Debt:

Student Loans, Rising Tuition Fuel Increase in Consumer Debt
(DBN)

____________

Sovereigns:

Moody’s Cuts Mozambique Ratings On Expected Defaults
(DBN)

____________

UK:

Investors brace for a BoE rate cut next week
(DBN)

Uncertainty stalks UK commercial property investors
(DBN)

Elite law firms sanguine on Brexit fallout Credit Suisse CEO on Brexit chaos: 'Some of our people worked 36 hours straight' Here are 2 reasons why property fund suspensions could get nasty Brexit result 'not legally binding', say 1,000 lawyers Playing for Time After Brexit Here's How to Avoid Another Brexit ‘Ordinary Guy’ Files Suit to Force Brexit Vote in Parliament Brexit Adds to Pension Funds’ Pain Brexit: Breaking Up Amicably Is Hard to Do
(DBN)

Men more likely to go bankrupt over a business
(DBN)

Austin Reed creditors face big losses
(DBN)

____________

EU:

IMF Warns Brexit Will Impinge on Eurozone Economic Growth
(DBN)

Lew Heads to Europe for Financial Talks
(DBN)

Europe has reached a fork in the road
(DBN)

Deutsche Bank Chief Economist: "Europe Is Seriously Ill", Banks Need €150 Billion Bailout
(DBN)

____________

PIIGS:

Italy's stagnant economy is poised to tear up the eurozone What’s the problem with Italian banks? Italian banks: Essential repairs
(DBN)

Greece: Dozens more companies set to go bust by the end of this year
(DBN)

Portugal’s Bonds Set for Longest Run of Declines in Five Months
(DBN)

____________

Canada:

Insolvency filings spike in oil -producing provinces, federal data show
(DBN)

Wildfires Add To Torment for Canada's Oil -Sands Producers
(DBN)

Canada's Oil -Sands Industry Girds for Leaner Times
(DBN)

Court Ruling could lead to more bankruptcies and more orphan wells
(DBN)

____________

Brazil:

Oi investor urges new board after Brazil bankruptcy filing
(DBN)

Firms lobby for role administering Oi bankruptcy
(DBN)

____________

India:

Decoding the new bankruptcy law
(DBN)

Diageo to pursue Indian tycoon Vijay Mallya over diverted funds
(DBN)

____________

South Korea:

Prosecutors expose fake insolvency lawyers
(DBN)

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Singapore:

Personal liability of directors in the case of corporate insolvency
(DBN)

____________

Australia:

Dick Smith leaders accused of inflating profits to meet expectations
(DBN)

Companies, administrator, debtor battle over Clive Palmer nickel refinery
(DBN)

____________

China:

China Tightens Corporate Bond Borrowing Rules as Defaults Spread
(DBN)

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