July 19, 2016

The Daily Bankruptcy News

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3-Column Formating

 

Law:

‘Happy’ Salary News Sours: First-Year Match Coming, But No Raises Until January Biglaw Firm Finally Announces Below-Market Raises For First-Years, May ‘Completely Screw’ Everyone Else
(DBN)

$180K, Raw Intelligence, And Experience
(DBN)

How GC Pay Stacks Up in the Corporate Ladder
(DBN)

Legal Tech: Exclusive Results Of A New Small-Firm Survey
(DBN)

Law Firm Misses Out On Legal Work, Sues The (Potential) Client
(DBN)

Bankruptcy Lawyer: The Unexpected Benefits Of Mindfulness
(DBN)

Preparing Yourself and Your Client for Chapter 11: Part I of II – The Petition Package, Filing the Case, Filing Fees, and First Days
(DBN)

DocuSign Leads To Sanctions For Calif. Bankruptcy Atty Attorney Sanctioned for Using DocuSign for Bankruptcy Filing
(DBN)

Lawyer Ad: Clever? Sexist? Both?
(DBN)

Trump’s VP pick practiced law at a small firm; he wouldn’t wish law school ‘on a dog I didn’t like’
(DBN)

5 Ways For Bankruptcy Attys To Nail Their First-Day Motions
(DBN)

String of Exits at King & Wood Mallesons
(DBN)

Vault.com Survey Placed This Law Firm at the Top
(DBN)

Why Gibson Dunn represented a New York financier for only 16 days
(DBN)

Akerman Expands in Four Cities as Houston's Beirne Maynard Shuts Its Doors
(DBN)

Has Paul, Weiss Secured Roger Ailes’s Ouster?
(DBN)

Pay freeze at London law firm brought on by Brexit ‘uncertainty’
(DBN)

How To Survive As A Legal Secretary
(DBN)

Tannenbaum Helpern Expands its Corporate and Bankruptcy Groups
(DBN)

Pokémon Go Could Kill You, Warns Law Professor
(DBN)

Fourth police officer is acquitted in Freddie Gray’s death
(DBN)

Baton Rouge gunman was seeking out police, top state cop says Gunman ‘Intentionally Targeted, Assassinated’ Officers in Louisiana Baton Rouge Sniper: What is Washitaw Nation?
(DBN)

For Police 2016 Could End Up Deadliest Year Since 1973
(DBN)

Wild Hamptons party fallout spreads
(DBN)

A Drunk Teenager Knocked on the Wrong Door
(DBN)

Two Lawyers’ Foray Into Children’s Books — With A Twist
(DBN)

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Judges:

What this Tampa bankruptcy judge's appointment says about the region's caseload
(DBN)

The Liberal Argument Against The Supreme Court
(DBN)

President Barack Obama Condemns ‘Washington Dysfunction,’ Demands Judge Merrick Garland Be Given A Hearing
(DBN)

Justice Ginsburg: Political and Efficient All Wrapped Up in One
(DBN)

9th Circuit Judicial Conference – Almost Surreal Experience
(DBN)

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Wall Street:

U.S. stock futures pull back, with Goldman Sachs earnings on tap
(DBN)

US stocks close at record highs, Dow hits 7th straight day of gains
(DBN)

Investors should get ready for U.S. stocks to slide?
(DBN)

______________

Layoffs:

Missouri hospital to lay off 200 employees
(DBN)

Bank of America cuts more than 2,600 jobs
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Retailing:

Bankrupt Aeropostale Preparing To Sell Off Its Assets At Auction Aeropostale Says Standalone Reorg Plan ‘Not Feasible,’ Seeks Asset Sale
(DBN)

Hastings Owner May Get Going-Concern Bid At Ch. 11 Auction
(DBN)

Two 'interested parties' named in possible Hastings sale
(DBN)

Birks Group Could Be The Next Bankruptcy Case
(DBN)

____________

Politics:

‘Spending money like a drunken sailor’: Trump bankers question his portrayal of financial comeback Paul Ryan: Trump Not ‘My Kind of Conservative,’ But GOP Must Get Behind Him It matters that Donald Trump is very vulgar Donald Trump used the first night of GOP convention to stir his base into a frenzy Melania Trump just spoke at the GOP convention — here are 10 things you might not know about her Melania Trump’s speech appeared to lift from parts of Michelle Obama’s 2008 convention address The first night of the GOP convention was angry and boring Rudy Giuliani brings down the house with fiery GOP convention speech Donald Trump called into Fox News during the RNC and competed with his own convention Guess Who Donald Trump Wants To Channel In His RNC Acceptance Speech Donald Trump Is "Too Busy" To Learn Anything GOP Attacks Clinton as Dissidents Silenced The Candidate of Calamity
(DBN)

Clinton Unleashed: Trump most dangerous ever to run for president!
(DBN)

Republican platform calls for reinstating Glass-Steagall
(DBN)

Hillary & Donald: Separated at Birth?
(DBN)

Divided America: For Some It's Only Trump
(DBN)

HUD Sec. Broke Law by Endorsing Clinton
(DBN)

____________

Gambling:

Health care offer withdrawn as Taj Mahal strike continues
(DBN)

____________

Museums:

Philly bankruptcy trustee weighed in hiring Please Touch Museum's CEO
(DBN)

____________

Economy:

Fed Officials Gain Confidence They Can Raise Rates This Year
(DBN)

‘Too nice’ economist says Donald Trump would kill 3.5 million jobs
(DBN)

S&P 500: Sea Of Defaults Does Not Lead To A Crash
(DBN)

Don't Try This Crazy Trick on the Economy
(DBN)

Why Corporations Suddenly Love Workers
(DBN)

US Debt Clock
(DBN

World Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

______________

Municipalities:

ISDA determines 'failure-to-pay' event has occurred on Puerto Rico debt
(DBN)

DCI Group Doubles Down in Puerto Rico Debt Debacle
(DBN)

Chicago Pension Shortfall Swells to $33.8 Billion
(DBN)

State board moves forward on $150M DPS loan over school board objections State board OKs $385M in financing for Detroit schools
(DBN)

Judge extends restraining order in East Detroit schools
(DBN)

____________

Oil/Gas:

Private-Equity Firms (Finally) Finding Value in the Oil Patch
(DBN)

Why You Shouldn't Write Off Citigroup's Energy -Loan Troubles Just Yet
(DBN)

Drillers betting that oil rally won’t last Oil Producers Prepare for Second-Half Slump as Rally Sputters
(DBN)

Why Another Oil Price Downturn Is A Distinct Possibility
(DBN)

Oil Falls Back To Two Month Lows On Product Glut
(DBN)

Hercules, Lenders Have Revealed Enough, Judge Says
(DBN)

Hercules Creditors Defend Bid For Privileged Docs In Ch. 11 Probe
(DBN)

Clash of Hedge Funds Redefines Distress in Lightstream Debt Swap
(DBN)

Drillers closing financial gap with spending cuts
(DBN)

Saudis expand tanker fleet to boost exports
(DBN)

Prices at the pump continue to fall
(DBN)

Oil and gas downturn leads to rise in corporate insolvencies
(DBN)

North Sea Field Shutdowns To Climb As Brexit Deepens Oil Gloom
(DBN)

Aker blocks Rem Offshore bond restructuring, aims for industrial solution
(DBN)

____________

Autos:

Legal Solutions Blog GM hit with ‘switch from hell’ decision
(DBN)

GM Might Have to Pay $1B In Stock After 2nd Circ. Ruling
(DBN)

Creditors Win More Time to Take on GM Lenders
(DBN)

Maryland Official Says States Plan to Sue VW Over Cheating
(DBN)

____________

Defaults:

US companies at risk of default close to record highs says Moody's
(DBN)

____________

Music:

Bankrupt SFX Ended Month $5.5 Million Richer Than It Started It
(DBN)

____________

Celebs:

'RHONJ' star Teresa Giudice ordered into mediation with bankruptcy trustee
(DBN)

“Real Housewives” Star Teresa Giudice Could Face Big Court Fines In Bankruptcy Case
(DBN)

The Next Teresa? New Jersey Housewife Siggy Flicker’s Bankruptcy Secret EXPOSED
(DBN)

50 Cent Once Again Cuts Price For Farmington Mansion
(DBN)

Rapper 50 Cent discusses bankruptcy dealings, new TV show
(DBN)

____________

Coal:

After court approval, questions linger on Alpha's future
(DBN)

Murray Energy working with investment banks on debt relief: sources Murray Energy in Talks to Avert Bankruptcy
(DBN)

____________

Electricity:

Buffett Bid Electrifies Oncor Electric Bankruptcy Process
(DBN)

Texas' billion-dollar power struggle: Warren Buffett, NextEra, Hunts vie for Oncor
(DBN)

____________

Lehman:

Flipping on Flip Provisions: Lehman Bankruptcy Court Rules Flip Provisions Enforceable in Bankruptcy
(DBN)

____________

Paper:

Estate of bankrupt GNP seeks repayments from hardware store, staffing firm
(DBN)

____________

Student Debt:

Public Counsel legal action on behalf of Corinthian students re: private student loan debt
(DBN)

____________

Corporate Reform:

World's 20 Biggest Banks Paid £252Bn in Fines
(DBN)

____________

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 (27 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (8 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)

______________

Tax:

Even if Tax Debts Are Not Discharged, Penalties Can Be, Judge Boroff Rules
(DBN)

____________

Preclusion:

An Allowed Claim Doesn’t Bar an FDCPA Suit from Attacking the Same Debt
(DBN)

____________

Executory Contracts:

Chancery Says Ex-Hipcricket Exec. Nicked Trade Secrets
(DBN)

____________

Tax:

Sell Your Twinkie And Eat It Too: A Trending Tax Strategy
(DBN)

____________

Defaults:

A Gauge of the Weakest Companies Has Shrunk for the Wrong Reason
(DBN)

____________

Free and Clear Sales:

General Motors: Protection Granted in Section 363 Sale Orders is Only as Good as the Notice Given
(DBN)

____________

Avoidance Actions:

Expanding the Defense of Ordinary Course and Widening the Range of Acceptable Payments During the Historical Period
(DBN)

____________

Sanctions:

First Circuit Affirms Sanctions Order From Massachusetts Bankruptcy Court Requiring Bankruptcy Attorney to Return to Law School For Ethics Class
(DBN)

____________

Contract Attorneys:

Improper Use of Contract Attorneys, Failure to Disclose Terms – This Case Has It All.
(DBN)

____________

Disqualification:

O'Melveny Rips Trustee's Evidence Qualms In Gibson DQ Row
(DBN)

____________

Sovereigns:

The Hidden Risk to Sovereign Bonds
(DBN)

Sovereign debt restructuring: what can we learn from Argentina, Greece and Ukraine?
(DBN)

____________

UK:

Insolvency appointments up by 30%, figures show
(DBN)

Administrator revises up the amount City Link creditors are due
(DBN)

A huge US bank is ignoring Brexit warning signs and buying a nearly $400 million new London HQ
(DBN)

Consumer deposits need greater protection in retail insolvencies
(DBN)

Quarter of pubs facing closure in Northern Ireland
(DBN)

Creditors approve fashion retailer's restructure
(DBN)

____________

EU:

EU court says bank rescue possible without hitting investors
(DBN)

EU Stance in Italian Bank Bail-In Talks Boosted by Court Ruling
(DBN)

____________

PIIGS:

EU sticks to Greece optimism despite Brexit worries EU, Greece seek debt deal by year end EU: Failure To Continue Reforms Could Put Greek Recovery At Risk
(DBN)

US Treasury chief to travel to Greece to talk reform
(DBN)

The home of the ex-head of Greece's bank rescue fund has been raided in a tax evasion probe
(DBN)

These Sicilian Mortgages Show How Difficult It Is to Rescue Italian Banks - Bloomberg

____________

Canada:

‘Pretty disgusting’: Urbancorp restructuring leaves hundreds of families without homes or deposits
(DBN)

Alberta in Worse Recession in History
(DBN)

____________

Venezuela:

Venezuela’s Inflation Is Set to Top 1,600% Next Year
(DBN)

____________

Japan:

Japan Is a Bankruptcy Waiting to Happen
(DBN)

____________

China:

Chinese Developer Defaults But Doesn’t Change Its Ways
(DBN)

S&P warns China's corporate credit levels expected to climb
(DBN)

____________

India:

Banks With Assets No One Wants Undercut India’s Debt Recast Plan
(DBN)

____________

 


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