July 13, 2016

The Daily Bankruptcy News

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Law:

Biglaw Firm Doesn’t Give Bonuses To First-Years
(DBN)

Lessons Learned From Dewey's Demise
(DBN)

Robins Kaplan Appoints Scott Gautier Co-Chair of National Restructuring and Business Bankruptcy Group
(DBN)

Beyond Biglaw: Interview With A ‘NewLaw’ Pioneer (Part 2)
(DBN)

Law Professor Speaking Out In Defense Of Black Lives Matter Identified
(DBN)

New 2-year law program will get grads to job market quicker, save them tuition costs, dean says
(DBN)

Women in Big Law: Where Firms Are Succeeding and Failing
(DBN)

Time to Regulate AI in the Legal Profession?
(DBN)

Turn Your Clients Into Raving Fans
(DBN)

Do People Regret Going To Law School?
(DBN)

Setting The Standard For Admissible Webpage Captures
(DBN)

Economist Roland Fryer Injects New Data Into the Debate About Police and Race, Generating More Debate About Data Is There Really a Racial Bias in Police Shootings? Here's What New Shooting Data Doesn't Tell You About Police Violence For black Americans, police traffic stops far from ‘routine’
(DBN)

Intern In Prosecutor’s Office Shares What He Really Thinks About The Black Community
(DBN)

9th Circuit reinstates investors’ claim against Venable over client’s alleged Facebook scam
(DBN)

Big Law Docket Scanner: Two Lawsuits Against a Global Law Firm
(DBN)

Suit in $2.2 Billion Buyout Targets Paul Hastings Lawyers
(DBN)

Sidley partner accused of tax fraud to face trial in 2017
(DBN)

Plaintiffs in BP oil spill case accuse their own lawyers of fraud
(DBN)

How Much Time Should You Spend Developing Your Online Footprint?
(DBN)

Thousands Attend Dallas Vigil for Fallen Officers Dallas ambush shooting prompts swift change in police tactics A Black Police Chief Reacts to the Dallas Attacks 'We're not as divided as we seem': Obama delivers powerful address at Dallas memorial service
(DBN)

Top 5 Reasons Not To Mess With Texas
(DBN)

Banned Financial Adviser Now Seeing Tiny Flaw In Her Plan Of Not Defending Herself From SEC
(DBN)

The Chihuahua Did It: Man Charged After Pet Tests Positive For Meth
(DBN)

Texas Attorneys Sing ‘Don’t Eat Your Weed’ In Viral Lawyer Advertising Video
(DBN)

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Judges:

Bankruptcy Judgeship Vacancy - Middle District of Pennsylvania (Harrisburg)
(DBN)

Supreme Court justices recused themselves 180 times in most recent term
(DBN)

Probe of federal judge’s alleged sexual harassment didn’t go far enough, committee says
(DBN)

Ruth Bader Ginsburg: Donald Trump is 'a faker' Donald Trump Angered By Justice Ruth Bader Ginsburg Saying She’ll Move To Foreign Nation If He’s Elected President
(DBN)

Did Justice Ginsburg’s comments on Donald Trump violate ethics rules?
(DBN)

Travesty of a Justice
(DBN)

It's Fine for Supreme Court Justices to Speak Their Minds
(DBN)

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Wall Street:

U.S. stock futures take breather after record run
(DBN)

Dow, S&P close at record high as Brexit fears ease Here’s who’s driving stocks to record heights
(DBN)

Wall Street hasn't felt all the Brexit pain—yet
(DBN)

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Layoffs:

 

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Alternative Finance:

LendingClub’s Newest Problem: Its Borrowers
(DBN)

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Retailing:

Sports Authority sells it customer database to Dick's Sporting Goods for $15 million
(DBN)

Hastings Entertainment will likely be put to auction July 20
(DBN)

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Autos:

Supplier Dispute Could Force General Motors To Shut 19 North American Assembly Plants Supplier bankruptcy threatens shutdown of GM plants
(DBN)

Fairness Doubts Sink $100M UCI Bankruptcy Loan
(DBN)

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Politics:

Trump Said Clinton Would ‘Make a Good President’ in 2008 Radio Commentary Justice Ginsburg Escalates Attack on Trump Amid Criticism Gen. Flynn: Vote For Trump to Overturn Abortion Rights 'Even against me, the system is rigged' Trump as an 'apostle of affluence' The Shaky Basis for Trump's 'Law and Order' Campaign Donald Trump Wishes a Swift Death Upon Ruth Bader Ginsburg Paul Ryan repeatedly forced to justify his support for Donald Trump at town hall event Ryan Pans Trump Deportation Plan How Trump’s Nomination Could Still be Stopped When Trump Dumped Sewage into the Hudson
(DBN)

The Last Stand of Dump Trump
(DBN)

Hillary Clinton Will Campaign With Bernie Sanders Sanders has fiery response for Trump amid furious tweetstorm after the senator's Clinton endorsement Hillary Clinton is reportedly vetting a retired 4-star admiral for vice president Loretta Lynch Defends Hillary Clinton Email Investigation to House Lawmakers Loretta Lynch Can't Escape the Clinton Emails Lynch Spurns Republican Questions on Clinton E-Mail Decision Congress Moves on Clinton for Perjury
(DBN)

Bernie’s seven legacies
(DBN)

A Decade in Texas Changed Elizabeth Warren Docs show Warren does business with big banks she blasts
(DBN)

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Celebs:

50 Cent on bankruptcy : It didn't affect my lifestyle
(DBN)

Tori Spelling and Dean McDermott owe $259K in taxes
(DBN)

____________

Defaults:

Fitch: Energy Boosts First-Half HY Defaults Past 2015's Total
(DBN)

US high yield default rate at highest in 6 years
(DBN)

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Banking:

Ex-FDIC Chair: No Pain Ahead for US Banks
(DBN)

____________


Economy:

Americans' appetite for stuff is slowing down
(DBN)

Tech hiring is down 40% and nobody’s talking about it
(DBN)

CBO: In 30 Years, U.S. Will Have Highest Debt-To-GDP Ratio In Our History—141%
(DBN)

The Fed should be 'terrified' about the rise of delinquency rates
(DBN)

IMF sees "negligible" Brexit impact on U.S. growth
(DBN)

All of a Sudden, U.S. Economic Data Looking Good Again
(DBN)

JPMorgan to Raise Minimum Wage for 18,000 US Workers Dimon Wades Into Inequality Debate With a Raise for the Little Guy
(DBN)

Small Business Optimism Index Increased Again in June
(DBN)

Job Openings Declined in May, a Month of Weak Job Market Performance U.S. job openings fall to lowest level of 2016
(DBN)

Millennials are learning the hard way that your boss is not your friend
(DBN)

Fed has done all it can to fix US economy's non-structural issues, now it must hike rates
(DBN)

In Uncertain Times, CEOs Lose Faith in Forecasts
(DBN)

Investors keep record cash on US election fears
(DBN)

US Debt Clock
(DBN

World Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

CA: Shorewood Realtors filed bankruptcy but isn't broke
(DBN)

Owners could be pulling $260 billion more from their homes — here's why they aren't
(DBN)

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Municipalities:

The muni market in the post-Detroit and post-Puerto Rico bankruptcy era
(DBN)

Puerto Rico Governor Likely to Sign Water Utility Borrowing Bill
(DBN)

Puerto Rico's fiscal challenges not over
(DBN)

AL: Fairfield can't escape money problems
(DBN)

Chicago's Collapse Has Begun
(DBN)

Cash Strapped Towns Unpaving Roads
(DBN)

America's Top States for Business 2016: The full list
(DBN)

America's worst state for business in 2016 facing talent exodus
(DBN)

Parking System That Rescued Pennsylvania Capital Cut to Junk
(DBN)

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Oil/Gas:

Energy Failures Push U.S. High-Yield Default Rate to 6-Year High
(DBN)

Great American Oil Bust Rages On; Defaults, Bankruptcies Soar
(DBN)

Rig sales begin for bankrupt Hercules Offshore Hercules Drilling Rig Sold For $3m 94% Loss
(DBN)

Wall Street Debt Investors Circle Aubrey McClendon’s Permian Resources
(DBN)

US oil settles up 4.56 pct after 2-month lows Data Gap Whipsaws Oil Prices on Differing Views of Stockpiles
(DBN)

Oil market rebalancing could 'tip over,' IEA warns
(DBN)

C&J Energy Services Headed To Bankruptcy To Erase $1.4 Billion Debt C&J Energy filing for bankruptcy in the wake of tragedy
(DBN)

Oil well drilling permits up; Crash bottomed?
(DBN)

Oil Markets Still Oversupplied API Reports Biggest Oil Build in 10 Weeks Oil Glut Still Impacting Price Recovery
(DBN)

Why Venezuela's oil production plunged to a 13-year low
(DBN)

It Is Time To Short Oil
(DBN)

Citi says 'this time is different' for oil
(DBN)

Low oil prices push more oil companies into default
(DBN)

The Energy “Death List”: Who’s On It and Who’s Next?
(DBN)

Fossil fuel industry risks losing $33tn to climate change
(DBN)

Jefferies Reorganizes Energy M&A Leadership as Eads Evolves
(DBN)

London-listed oil explorer Trinity suspends shares as insolvency looms
(DBN)

Insolvency experts warn of widening impact of oil and gas downturn
(DBN)

Lightstream Pitches Recapitalization to Cut Debt by $904 Million
(DBN)

CBRE report shows Houston retail absorbed 1.5 million square feet during Q2
(DBN)

Oil cartel OPEC cuts world growth forecast OPEC sees global surplus shrinking in 2017
(DBN)

Demand for oil in China slipped 2.7 percent in May
(DBN)

EIA Cuts 2016 US Oil Demand Growth Forecast
(DBN)

Ex-Green Field CEO Can't Bring GE Into Asset-Stripping Case
(DBN)

____________

Coal:

Unloved Coal Seen Surging as China Cuts Collide With La Nina
(DBN)

____________

Student Debt:

Share of Student Loan Debt-Laden Borrowers Rising
(DBN)

Why all government student loans are not created equal
(DBN)

The student loan problem no one is talking about
(DBN)

Woman Will Have To Pay Off Debt Before Becoming A Nun, Convent Says
(DBN)

____________

Distressed Investing:

Junk-Bond Defaults Keep Climbing
(DBN)

____________

Gambling:

Workers OK contract for 3 Atlantic City casinos amid strike
(DBN)

____________

Media:

Lawsuits Push Gawker’s Nick Denton to Brink of Bankruptcy
(DBN)

Gawker Says Hogan Is 'Intent' On Destroying The Publisher
(DBN)

____________

Hollywood:

Relativity Fights Netflix Appeal Over Right To Stream Films
(DBN)

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New Bankruptcy Opinions
(4 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (19 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (0 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:

Sharp Increase in Commercial Filings Underway
(DBN)

Bankruptcy filing trends
(DBN)

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Proofs of Claim:

Filing Proof of Claim on Time-Barred Debt Not an FDCPA Violation, 8th Circuit Court Rules
(DBN)

Circuits Starkly Split on Filing Time-Barred Claims as Violations of the FDCPA
(DBN)

____________

Mediation:

Mandatory Mediation & Good Faith: “You can lead a horse to water, but . . . “
(DBN)

____________

Avoidance Actions:

Creditor Rights and Entrepreneurship: Evidence from Fraudulent Transfer
(DBN)

Creditors Benefit from Seventh Circuit’s Interpretation of “Ordinary Course of Business” Defense to Preferences
(DBN)

____________

Secured Claims:

Property and The True-Sale Doctrine
(DBN)

____________

Tax:

Discharge of Late Tax Return Debt in Bankruptcy: Fixing BAPCPA's Draconian Hanging Paragraph
(DBN)

____________

Insurance:

Illinois seeks to shut down state Obamacare insurer
(DBN)

____________

Exemptions:

Debtor May Still Claim Homestead Exemption Even If He Was Kicked Out
(DBN)

____________

Property of the Estate:

Can US Bankruptcy Law Extend to Virtual Reality Entities?
(DBN)

____________

TBTF:

Yes, Banks Can Be Too Big to Jail. Get Over It
(DBN)

____________

Structured Dismissal:

U.S. Supreme Court to Weigh in on Structured Dismissals and Settlements Circumventing the Bankruptcy Code’s Priority Scheme
(DBN)

____________

Healthcare:

When May Antitrust Not Stop a Health Care Combination? When a Court Decides other Federal Law May Compel It.
(DBN)

____________

Celebs:

Erin Andrews' Stalker Must Pay $28 Million Despite Bankruptcy
(DBN)

Memphis Bleek Reportedly Files For Bankruptcy
(DBN)

____________

Shipping:

Hanjin Shipping reportedly looking to push back restructuring deadline
(DBN)

____________

UK:

Struggling firms are clinging on during EU uncertainty as 'paralysis' takes hold
(DBN)

Brexit Adds Chill to Slumping Commercial Property Sector
(DBN)

World’s largest money manager warns Brexit may push U.K. into recession
(DBN)

UK economy was struggling before Brexit vote: Survey
(DBN)

Two Tata steel suppliers have gone bankrupt in recent weeks says AM
(DBN)

The “3 Rs” of Education: Reading, Writing and… Restructuring?
(DBN)

UK: Consumer Spending Already Slowed
(DBN)

Why insolvent EU clients will be more of a problem
(DBN)

____________

EU:

Europe's 'nightmare scenario' is coming true
(DBN)

____________

PIIGS:

Ireland’s Economists Left Speechless by 26% Growth Figure
(DBN)

____________

Canada:

Union and steelworkers in Ontario demanding probe into U.S. Steel Canada's creditor protection
(DBN)

Nexen to Cut 350 Jobs in Canada After Oil-Sands Explosion
(DBN)

____________

MENA:

A bunch of ugly warning signs are bubbling up in Saudi Arabia
(DBN)

____________

Hong Kong:

The corporate insolvency process in Hong Kong - key changes in 2016
(DBN)

____________

Bahamas:

Rollins Wants Inquiry Into Baha Mar
(DBN)

____________

Australia:

Turnbull win keeps insolvency reforms on the agenda
(DBN)

Bankruptcy rise as West Aussies do it tough
(DBN)

The 8 causes of Dick Smith's collapse Dick Smith creditors miss out on $260m
(DBN)

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