July 12, 2016

The Daily Bankruptcy News

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Law:

These 10 law firms are ranked the most family-friendly
(DBN)

Incoming Law Firm Managing Partner Isn’t a Fan of Across the Board Pay Raises
(DBN)

What The Hell Is Perkins Coie Doing?
(DBN)

Reason for strained relationship with police The Dallas shooter was 'ostracized' by black power groups before he opened fire on police officers in Dallas Baton Rouge prosecutor recuses himself from Alton Sterling police shooting case Black man shot by officer in Minnesota had been pulled over 52 times by police Crime Scenes and Weapons of War Study: Police are no more likely to shoot at blacks than whites, but blacks get more rough treatment 'The most surprising result of my career': A Harvard economist found no evidence of racial bias in police shootings
(DBN)

Venable Back on Hook for $11.25M Facebook Con
(DBN)

Harvard Law Professor Responds To Devastating Diagnosis With Grace
(DBN)

Ethics And Technology Competence
(DBN)

How To Close A Law Firm - Practically And Ethically
(DBN)

5 Terrible Traits No Bankruptcy Attorney Should Have
(DBN)

This Lawyer Felt an Irresistible Tug Back to Big Law
(DBN)

7 Bits Of Real Advice For High Schoolers Who Want To Be Lawyers
(DBN)

Tough Calls for Referee in New York Firm Breakup
(DBN)

There’s a chasm at big law firms between partners and associates
(DBN)

Brexit fallout: Is it worth taking the New York bar exam?
(DBN)

Cheating Law Student Pissed Essay They Bought Isn’t Up To Snuff Cheating Law Student Isn't Atypical
(DBN)

The Cost of Harvard Law Versus Yale? Easy With This Calculator
(DBN)

11 things everyone is going to love about Apple's iOS 10 iOS 10 has changed the way I use my iPhone
(DBN)

Lawyers Won't Be Replaced By Robots Anytime Soon
(DBN)

DA drops charges against publisher and lawyer who sought information on court reporter payment
(DBN)

An Attorney Feels Like A Fraud In Their Dream Job
(DBN)

Bank of America Denies Existence of Alleged ‘Bro’s Club’
(DBN)

Black Dishwasher at Yale University Loses Job After Shattering "Racist, Very Degrading" Stained-Glass Panel
(DBN)

The owner of the convenience store where Alton Sterling was killed is suing the police
(DBN)

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Judges:

Two bailiffs die in courthouse shooting in Michigan; suspect is shot and killed
(DBN)

Ginsburg on Trump: ‘I don’t even want to contemplate’ his potential effect on the Supreme Court
(DBN)

Ginsburg Goes Rogue Did Justice Ginsburg Violate Judicial Ethics In Her Criticism Of Donald Trump?
(DBN)

Circuit Gives Us Bible, Star Trek, And Bourbon… And Really What More Is There To Life?
(DBN)

Turning Down The Opportunity To Be Chief Justice
(DBN)

The US Supreme Court uses email after all — or at least two justices do
(DBN)

SCOTUS Briefs: Opinions’ Basic Building Blocks
(DBN)

The Senate risks Election Day chaos: Imagine a Trump-Clinton standoff and a 4-4 Supreme Court
(DBN)

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Wall Street:

S&P 500 on track for fresh record after Alcoa earnings beat forecasts
(DBN)

Seeming to shrug off Brexit, S&P closes at a record high S&P 500 Sets New Record As Stock Rally Rolls On
(DBN)

The world is horrible right now, and the stock market seems to love it
(DBN)

With greater highs for stocks come greater risks
(DBN)

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Layoffs:

Layoffs Watch ’16: Goldman Sachs Is Spreading Out Its Tough Goodbyes This Fall
(DBN)

Seagate will eliminate 6,500 jobs
(DBN)

Bank of America announces 102 layoffs in Hillsboro
(DBN)

IM Flash to lay off 130
(DBN)

KeyCorp: 250 jobs
(DBN)

BG Group to cut more than 150 jobs in Houston, close office
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Politics:

This statistic shows why Trump supporters are anti-trade What Trump And The GOP Agree On: Tax Cuts For The Rich Betting markets see Mike Pence as Donald Trump’s running mate Anti-Trump Forces Unleash Plan to Pick Vice President at Convention Donald Trump could help -- but not save -- coal country Why Gingrich could be the ideal running mate for Trump 'They don't want to hear about it': Trump explains why he doesn't spend more time talking about Clinton's emails Can Donald Trump Really Win These Blue States? This Is What a Contested Convention Could Look Like Donald Trump's Anti-Establishment Scam Donald Trump’s ‘spiritual advisor’ sells eternal life for $1,144 by stealing from Harry Potter Possible Trump VP pick gave us his 3rd different answer on abortion in 2 days Judge strikes down Virginia law binding state Republican delegates to Trump Thousands of Wharton students, alumni, and faculty sign open letter opposing Donald Trump
(DBN)

Paul Ryan on whether Hillary Clinton perjured herself before Congress: 'We need to figure it out'
(DBN)

Bernie Sanders is finally about to come around
(DBN)

Voters Add to Election Turmoil by Threatening to Jump Party Lines
(DBN)

Koch: Voting for Trump or Clinton is like voting for cancer or a heart attack
(DBN)

Laws Posed Hurdles to Charging Hillary Clinton
(DBN)

GOP Platform Calls for Giving Away Federal Lands
(DBN)

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Retailing:

Mall Owners Push Out Department Stores
(DBN)

Southern Motion offers $9.3M for Hancock Fabrics headquarters
(DBN)

Customer information going, going, gone
(DBN)

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Celebs:

Sam Wyly’s battle with IRS, SEC reveal games of the superrich
(DBN)

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Gambling:

Caesars Entertainment, Caesars Acquisition amend merger deal
(DBN)

Caesars Mediation Continues, With Warning From Judge
(DBN)

The World Series of Poker Will Not Save Caesars
(DBN)

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Fraud:

Lawsuit Accuses Ex-Banco Cruzeiro Owners of Fraud
(DBN)

Lawyerly Lairs: A Harvard Law Fraudster’s $3.2 Million Mansion
(DBN)

Utah man pleads guilty in Ponzi scheme case
(DBN)

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Mining:

Shares of Cliffs Natural Resources Climb on Competitor's Bankruptcy, Chinese Iron Ore Demand
(DBN)

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Food/Beverage:

Revenue collapsed at Lewis Mills prior to bankruptcy
(DBN)

America's love affair with high-end burger chains might be over
(DBN)

Pacific Andes willing to meet lenders alleging fabrications of revenue, payments
(DBN)

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Autos:

Tesla may be in trouble
(DBN)

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Privacy:

Data Brokers: Companies Are Buying, Sharing Your Online Info. What You Can You Do About It?
(DBN)

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Economy:

Jobs roar back in June — but here’s why you shouldn’t get used to it
(DBN)

Fed's George says US interest rates are currently too low
(DBN)

The Fed needs to stop being such a wuss about the economy
(DBN)

Financial stability should not become Fed's third mandate: Mester
(DBN)

Consumer Borrowing Picks Up in May
(DBN)

Consumers’ Income Growth Expectations Improve from May
(DBN)

How the West Lost Faith in Globalization
(DBN)

One number sums up why earnings estimates are a joke
(DBN)

Slogging on the Economic Road Back to Normal
(DBN)

Starbucks to increase base pay of workers in October The brilliant management strategies of Howard Schultz, who just announced a pay raise for US employees of his $82 billion Starbucks empire
(DBN)

The Near Impossibility of Moving Up After Welfare
(DBN)

Low-paying crowdsourced jobs are attracting a lot of young, college-educated Americans
(DBN)

Obama adviser pushes jobless-benefits reform to counter next downturn
(DBN)

Social Security insolvency is now one year closer
(DBN)

Banks have slashed savings rates 900 times this year
(DBN)

The trillions spent by central banks has been a dud, says Bank of America
(DBN)

Delinquency Rates Rising: Is A New Crisis Approaching?
(DBN)

Why Those Millennials With Tons of Loans Won’t Refinance
(DBN)

US Debt Clock
(DBN

World Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Underwater Mortgages Continue to Decrease in Q1 2016 "425,000 Borrowers Out from Underwater on Mortgages" in Q1 Many borrowers still owe too much on their home
(DBN)

House Prices to National Average Wage Index
(DBN)

Phoenix Real Estate in June: Sales up 9%, Inventory up 7% YoY
(DBN)

A US regulator is already worrying about the next property bubble
(DBN)

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Municipalities:

Federal Government Enacts New Restructuring Law for U.S. Territories and Their Instrumentalities
(DBN)

How a Broke Little Island Beat the Hedge Funds
(DBN)

Lists of Candidates for the Puerto Rico Board Are Prepared
(DBN)

Fresh From Record Default, Puerto Rico Plots Bond-Market Return
(DBN)

Building on Sand
(DBN)

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Oil/Gas:

Texas upstream and oil field services bankruptcies include 44 cases through Q2
(DBN)

Oil prices fall on concerns of fading supply disruptions The Bears Are Back – Oil Slides On Negative Sentiment Refiner Pain And Macro Economic Fear Drive Crude Lower Oil Falls to Two-Month Low as US Rig Count Rises, Dollar Firms
(DBN)

Gasoline prices continue monthlong slide
(DBN)

Busted E&P Bonds Lead Sector’s Gains, Pumped Up by Oil ’s Rebound
(DBN)

Dakota Plains Amends Forbearance Agreement; Eyes Aug. 1 Restructuring Plan
(DBN)

OPEC Up 300,000 Barrels per Day from May; Venezuelan Output Sinks to 13-Year Lows
(DBN)

Making the Case for Energy Distressed Debt
(DBN)

New Gulf Returns From Chapter 11 With New Name, Eagle Ford Acreage
(DBN)

Viking Supply Ships to put new proposal to bondholders
(DBN)

Distressed-Debt Investors Burnt by Oil Become Coupon Clippers
(DBN)

Petrobras Oil, Gas Output Jumps to Record after Slumping During Repairs
(DBN)

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Pensions:

The biggest companies in America have a record $600 billion retirement problem
(DBN)

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Music:

Music startup Crowdmix is going into administration
(DBN)

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Corporate Reform:

House committee says HSBC wasn’t prosecuted due to ‘too-big-to-jail’ fears George Osborne helped HSBC avoid US criminal charges for money laundering
(DBN)

The Bad CHOICE Act
(DBN)

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Tax:

UBS CEO A Little Stunned Swiss Government Doesn’t Have Bank’s Back On Tax Evasion
(DBN)

IRS Clarifies Definition of 'Taxpayer' in Sec. 108
(DBN)

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Media:

Gawker's Chief Restructuring Officer Says There Are 55 Potential Bidders
(DBN)

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Coal:

Does Peabody's bankruptcy doom US coal usage?
(DBN)

How the Sierra Club Became the Owner of a Massive Coal Reserve
(DBN)

UMWA reaches tentative labor deal with coal miners Alpha, Contura
(DBN)

The Government Should Get Out of the Coal Business
(DBN)

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Museums:

Buyer steps up for the troubled Evergreen Aviation & Space Museum
(DBN)

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Steel:

Essar Steel says mineral lease termination 'invalid'
(DBN)

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Autos:

Fiat Chrysler Botched-Recall Suit Sent To Bankruptcy Court
(DBN)

UCI Defends $100M DIP Loan Against Creditor Objections
(DBN)

Elon Musk’s pedestal is crumbling, exposing Tesla risks
(DBN)

General Motors seeking to get equipment from supplier in bankruptcy case
(DBN)

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Private Equity:

Wynnchurch Capital Expands its Team with the Addition of Alison Miller
(DBN)

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Soccer:

Football Creditors Rule: Is The Football League’s new insolvency policy a step in the right direction?
(DBN)

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Debt Collection:

A state-sanctioned ' debtor's prison'
(DBN)

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Hollywood:

Post- Bankruptcy , Relativity Seems Stuck in Limbo
(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 (17 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (22 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:

Tracking Bankruptcy Risk Using Predictive Analytics
(DBN)

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Structured Dismissal:

Jevic Holding: The Case That Keeps On Giving
(DBN)

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Chapter 7:

Chapter 7 Debtors’ Access to Counsel Threatened by B.A.P. Opinion
(DBN)

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Utilities:

Internet Service a Utility in Bankruptcy? It Might Be Now.
(DBN)

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IP:

Bankruptcy Pitfalls: How an infringer's bankruptcy could impact your IP rights
(DBN)

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Mediation:

Total Artificial Heart: How Bankruptcy Provides a Valuable Service – And a Proactive Mediation Suggestion
(DBN)

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Automatic Stay:

How Reporting a Crime May Subject You to Sanctions
(DBN)

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Mass Torts:

Estimation of Tort Claims in Bankruptcy: A Powerful Step Towards Plan Confirmation
(DBN)

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Lehman:

New York Bankruptcy Court Dismisses Lehman Bros. Special Financing Inc.'s Lawsuit to Recover Over $1 Billion of Swap Agreement Distributions
(DBN)

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Awards:

Bankruptcy Partner Annette Jarvis Named Utah State Bar Lawyer of the Year
(DBN)

2017 Vault 100
(DBN)

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Student Debt:

How New Jersey Has Embraced “State-Sanctioned Loan-Sharking” to Students
(DBN)

'I'm A Student-Debt Slave.' How'd We Get Here?
(DBN)

Parents Are on the Hook for Nearly Every New Private Student Loan
(DBN)

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Resorts:

Owners of Lake Tahoe's famed Cal Neva resort file for bankruptcy
(DBN)

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Celebs:

Erin Andrews: Bankruptcy Won't Save the Perv
(DBN)

Professional Athletes Often Suffer From Bad Financial Advice
(DBN)

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Construction:

Jail for Birdsall exec in pay-to-play scheme
(DBN)

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Healthcare:

Appeals court rules bankruptcy court did not have authority to block Medicare/Medicaid from cutting off reimbursement
(DBN)

Florida Heart Center Asks Judge to Approve Justice Department Settlement
(DBN)

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UK:

Brexit: Impact On Restructuring And Insolvency For Companies
(DBN)

How Britain may get the last laugh on Europe Brexit Betting: There is a good chance Article 50 may never be triggered
(DBN)

BOE set to cut rates for the first time in 7 years on Brexit backlash
(DBN)

After Brexit, Law Firms Face Uncertainties Too But With Benefits
(DBN)

JP Morgan: Your next finance job could be in Madrid
(DBN)

Begbies Traynor turns profit as insolvency figures slump
(DBN)

Nigel Farage's brother Andrew is declared bankrupt after Brexit
(DBN)

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PIIGS:

No acute crisis in Italy, stop asking for public money for banks- EU's Dijsselbloem Italy warned to abide by 'strict' EU bank rescue rules
(DBN)

Italy PM’s Tuscan nightmare: the fall of ‘Daddy Monte’
(DBN)

Italy's economy faces 2 completely lost decades
(DBN)

Greece: Taxpayers face hefty income tax obligation
(DBN)

Bank of Greece chief sees recession bottoming out soon
(DBN)

Portugal banking crisis
(DBN)

Banks, investors set Portugal Telecom CDS auction for July 21
(DBN)

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Canada:

The Bankruptcy Case Time Bomb That's Ticking in the Heart of the Patch
(DBN)

Planes, Leaves and Appeals: Appeals Under Section 193(c) of the Bankruptcy and Insolvency Act
(DBN)

Alberta to cut royalty rates in effort to squeeze out more oil, gas production
(DBN)

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Panama:

Panama: Bankruptcy reforms
(DBN)

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Japan:

Tightening Workforce Could Compel Healthy Japanese to Toil to 80
(DBN)

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Brazil:

Workers Party deals drove rise and fall of OAS, Brazil builders
(DBN)

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China:

China's Zombie Companies Stay Alive Despite Defaults
(DBN)

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Australia:

'Diamond' Joe Gutnick bankrupt owing $275 million
(DBN)

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South Korea:

Creditor's Track Emerging as a New Way of Corporate Restructuring
(DBN)

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India:

Should India create a ‘bad bank’ to battle NPA’s?
(DBN)

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