July 21, 2016

The Daily Bankruptcy News

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3-Column Formating

 

Law:

3 Factors That Make Law Firms So Toxic
(DBN)

Are Big Law Firms Wrecking Capitalism?
(DBN)

More GCs Say Yes to Working From Home
(DBN)

Grads Of Mid- And Low-Tier Law Schools Hang Out Their Shingles To Survive In Brutal Job Market
(DBN)

Bankruptcy litigation
(DBN)

Big Law Associates Who Fail the Bar. What Happens to Them?
(DBN)

Lessons from $5 million Discovery Debacle
(DBN)

Former Dickstein Shapiro Chair Finds a New Gig
(DBN)

The Best Law Firms For Diversity (2017)
(DBN)

Does This Memo (A) Burn Every Bridge, Or (B) Burn Most Of The Bridges?
(DBN)

Mentoring — Should There Be An App For That?
(DBN)

15 types of people who make your workplace toxic and how to deal with them
(DBN)

How I trick myself into showing confidence when I don't have any
(DBN)

Apple Security Bug Lets Hackers Nab Your Mac and iPhone Passwords With 1 Text
(DBN)

Wrongly convicted man sworn in to the New York State Bar
(DBN)

One-time law firm partner without law degree is sentenced for unlicensed practice, forgery
(DBN)

R--- victim sues after court throws her in jail for a month over fears she wouldn’t testify
(DBN)

Obama, Caught Between Black and Blue Lives
(DBN)

Federal court strikes down seizure of NYC skyscraper believed to be owned by Iran
(DBN)

Boies Schiller Beats Fashion Model’s Malpractice Suit
(DBN)

Attorney Accused Of Hurling Coffee At Opposing Counsel During Tense Deposition
(DBN)

Lawyer twerks nose
(DBN)

Internal Inquiry Sealed the Fate of Roger Ailes at Fox • A big divide between Fox News’ Ailes, sons of Murdoch • Fox News not following typical script in response to sexual harassment case • What the Roger Ailes' Drama Says About Sexual Harassment in 2016
(DBN)

Video Shows Unarmed Black Man Pleading With Arms Raised Before Getting Shot by Police
(DBN)

Family Of Dead Toddler Decides Not To Sue Disney Over Alligator Attack
(DBN)

Big Law Firms Play Cameos in 'Wolf of Wall Street' Forfeiture Case
(DBN)

Boom time expected for lawyers as Pokémon Go sweeps nation, with legal actions multiplying in its wake
(DBN)

Military veterans disgusted, embarrassed by recent police killings
(DBN)

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Judges:

Prisoner is convicted for plotting wood-chipper murder of federal judge
(DBN)

White lawyer whines about ‘insensitive’ backlash after comparing black judge to a gorilla
(DBN)

Should Judges Delay Trials for Pregnant Lawyers?
(DBN)

Still A Conservative Court
(DBN)

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Wall Street:

Dow On Track To Snap Its Win Streak
(DBN)

Red-hot Dow rises for 9th day in a row
(DBN)

Laying Off Employees Has Been Good For Goldman Sachs
(DBN)

4 charts show Dow, S&P are overheating — and Wall Street is freaking out
(DBN)

Here's what a Trump win would really mean for the stock market
(DBN)

Ex-Wall Street Trade: Why I Quit
(DBN)

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Layoffs:

Halliburton reports $3.2 billion loss after failed Baker Hughes deal, cuts 5,000 jobs
(DBN)

50,000 suspended from jobs as Turkey targets education sector
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Hotels:

Allegria Hotel Sold For $27.4 Million at Bankruptcy Auction
(DBN)

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Alternative Energy:

TerraForm Global mulls parting ways with SunEdison • Solar Company SunEdison Wants To Sell Interests In Terraform Global
(DBN)

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Politics:

'This was my mistake': Speechwriter apologizes for Melania Trump plagiarism scandal
(DBN)

Jones Day Panel on Judiciary Plays to Republican Crowd
(DBN)

Donald Trump Sets Conditions for Defending NATO Allies Against Attack • Hedge fund manager explains why America does not need to be uneasy about a Trump presidency • Meet The Trumps: A guide to the GOP nominee's powerful, far-reaching family • Joe Scarborough slams Trump's children's influence on his campaign • How Trump's children reflect on the Republican candidate • Trump forgives nearly $50 million in loans to campaign • Report: The Trump campaign asked John Kasich to be the 'most powerful vice president in history' • Why Trump supporters don't mind that he isn't self-funding anymore • Why the Republican Convention Is So Mean • 'Lock Her Up': How Hillary Hatred Is Unifying Republicans • Why ‘Never Trump’ Never Really Happened in Cleveland • Trump isn’t uniting Republicans, but their loathing of Hillary Clinton sure is • The Republican convention’s fixation on locking up Hillary Clinton is really disturbing • How the 1990s Became Donald Trump’s Personal Crucible • Donald Trump's Great Gay Rock-Star Spectacle • What the elites get wrong: Why Trump voters are not “complete idiots” • Why Trump's Prosperous Supporters Are Angry, Too • Trump might try to purge the government of Obama appointees if elected • Trump campaign still weighing Glass-Steagall • The Republican Convention, Translated for Liberals
(DBN)

Trump camp admits Melania speech passages came from Michelle Obama’s speech • Why Melania Trump may have liked Michelle Obama’s speech • Melania Trump's Plagiarism Confirms Your Fears • Melania Trump and plagiarism in politics, explained • Trump Doesn't Write His Own Stuff. Why Should Melania? • Trump Campaign’s Plagiarism Sacrificial Lamb Opens Up Questions Of Election Law Violations • Melania Trump's speechwriter is absent from campaign's June expenses • The Sketchy Ethics of Donald Trump Jr.’s Speech
(DBN)

Michael Moore: 'I Think Trump Is Going to Win. I'm Sorry'
(DBN)

Mitch McConnell Loudly Booed at RNC
(DBN)

Donald Trump and Chris Christie are reportedly planning to purge the civil service
(DBN)

Clinton closes in on VP choice: Kaine and Vilsack leading the way • Fact Checking the GOP Rush to Blame Hillary Clinton • Trump Raised Nearly as Much Campaign Money as Clinton Did Last Month • A Trump Advisor's Call for Clinton to Be 'Shot' and the Limits of Political Speech • Secret Service launches investigation after Trump adviser says that Clinton should be 'shot for treason'
(DBN)

'You picked a fight with the wrong state,' Elizabeth Warren tells Exxon, Texas congressman
(DBN)

In Cleveland, Sea of White Reflects Republican Party's Election Math Problem
(DBN)

Ted Cruz booed at RNC after not endorsing Donald Trump • Ted Cruz Derails the Convention • Ted Cruz Steals the Spotlight from Mike Pence at the Republican Convention • Ted Cruz Makes a Big Gamble With Convention Speech • Cruz Delegates Angered By Non-Endorsement of Trump • Thunderous Boos Rain Down on Cruz for Not Endorsing Trump • Ted Cruz’s Refusal to Endorse Trump: ‘That Took a Lot of Cojones’ • The chaos during Ted Cruz’s speech was even worse than it seemed on TV
(DBN)

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Media:

Gawker Founder May Declare Bankruptcy over Hulk Hogan Case
(DBN)

____________

Shipping:

Hanjin Shipping creditors may extend rescue program
(DBN)

____________

Lehman:

Two New York Judges Disagree on Anti-Ipso Facto Law and Lehman Flip Clauses
(DBN)

____________

Tech:

Denver IT, tech training company files for bankruptcy
(DBN)

____________

Healthcare:

Hearing set in Coshocton hospital bankruptcy
(DBN)

Judge OKs management contract for Pioneer
(DBN)

VA: Assisted living facility set to exit bankruptcy
(DBN)

____________

Economy:

Consumer Spending Returns to Steady Pace in May
(DBN)

Here's why America can't get over the financial crisis
(DBN)

Negative Yields Infecting Credit Markets as Investors Capitulate
(DBN)

More than 1 in 3 Young Adults Worried About Debt
(DBN)

What if There Just Aren’t Enough Jobs to Go Around?
(DBN)

A quarter of Americans worry about running out of money in retirement • Why Trump's Prosperous Supporters Are Angry, Too
(DBN)

Bonds will tell you all you need to know about banks
(DBN)

Which Countries Have the Most Immigrants?
(DBN)

What the GOP platform says about taxes
(DBN)

Magical Economic Thinking at the G.O.P Convention
(DBN)

The Return of American Hunger
(DBN)

S&P: Growth in Global Credit Demand to Continue. Then: Slow Burn or ‘Crexit’? • Is a ‘crexit’ next? Global company debt will swell to $75 trillion through 2020 • Corporate debt seen ballooning to $75 trillion: S&P
(DBN)

Americans Are Happier at Work Than They Have Been for Years, and Here's Proof
(DBN)

A Nation at Half-Mast
(DBN)

US Debt Clock
(DBN

World Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

When Is Involuntary Vesting Incompatible with Surrender? – When a Court Says So
(DBN)

Higher US mortgage rates slow loan demand: MBA
(DBN)

The cost of buying vs. renting a home in all 50 states
(DBN)

Orange County Median Home Prices Hit New Record
(DBN)

AIA: Architecture Billings Index "remains on solid footing" in June
(DBN)

MBA: "Mortgage Applications Decrease in Latest Weekly Survey"
(DBN)

Existing Home Sales: Take the Over
(DBN)

____________

Municipalities:

Puerto Rico Sued for Diverting Cash After Federal Law Passed
(DBN)

Hedge funds sue Puerto Rico governor • Puerto Rico's Creditors Are Suing the Island and Its Governor • Hedge Funds Sue Puerto Rico's Governor, Claiming Money Grab
(DBN)

Puerto Rico's New Law Is A Rearrangement Of The Deck Chairs On The Titanic
(DBN)

Mired in debt , Puerto Rico gave millions to Monsanto
(DBN)

DLA Piper sets up shop in Puerto Rico
(DBN)

Lessons learned from Detroit: A judge's perspective
(DBN)

Insured Bond Pricing in the Biggest Municipal Bankruptcy in History: The Case of Detroit
(DBN)

Texas A&M: Let the Rust Belt Cities Die
(DBN)

Detroit razes 10,000th vacant structure under blight plan
(DBN)

Six Numbers Showing Detroit's Pension Problems
(DBN)

____________

Oil/Gas:

Atlas Resource Partners: Bankruptcy Almost Imminent
(DBN)

The Risk Oil Drillers Couldn't Hedge Away
(DBN)

Oil will rise again, but until then it will be more volatile than ever
(DBN)

Oil Prices Rebound From Two-Month Low • Oil settles higher after ninth weekly US crude drawdown • Oil Extends Gain From Two-Month Low as U.S. Inventories Decline • Saudi Arabia Offers Hope For An Oil Price Rally
(DBN)

An Ugly Hump Day for Oil
(DBN)

Moody’s: Paid-to-Pump Oil Executives Bad for Bondholders
(DBN)

Goldman Sachs: Oil, Gas Will Need Up to 100K Workers for US Shale Growth
(DBN)

Oil prices won't suffer a 2015-style price collapse, says Citi's Morse
(DBN)

C&J Energy Services Commences Voluntary Reorganization Under Chapter 11 Of The US Bankruptcy Code • C&J Energy Services Files for Bankruptcy • C&J Energy files for bankruptcy to cut $1.4 billion in debt • First Day Dec
(DBN)

CCMP Capital Said to Write Down Value of Newark Stake to Zero
(DBN)

Oil patch earnings season will bring more red ink
(DBN)

Trump's 'king of energy' gets GOP stage
(DBN)

Are Energy Junk Bonds Worth The Risk?
(DBN)

Oil Price Drivers
(DBN)

____________

MLM:

Ackman Targeted The Wrong MLM: Primerica Will Collapse Before Herbalife
(DBN)

Ackman still believes Herbalife's business will disappear
(DBN)

How Can You Abandon Bill Ackman In His Time Of Greatest Need?
(DBN)

____________

Fraud:

Betrayal, corruption, and manipulation: 2 big-name traders have been charged with 'front-running'
(DBN)

US Justice Department sues Malaysian state to seize $1 billion involved in ‘an international conspiracy'
(DBN)

SignalShare Files Bankruptcy
(DBN)

____________

Autos:

Ford's Chance Of Bankruptcy Is Not 49%
(DBN)

The cost of Volkswagen emissions scandal could grow with new lawsuits
(DBN)

Electric Cars to Overtake Gas by 2027
(DBN)

____________

Pensions:

It’s Time for Delta, Not the PBGC, to Pay Its Pensioners
(DBN)

____________

Consultants:

FTI Consulting Strengthens Performance Improvement Practice In Corporate Finance & Restructuring Group
(DBN)

____________

Religion:

Clergy abuse timeline: How the Twin Cities archdiocese got here
(DBN)

Ramsey County drops charges against archdiocese
(DBN)

____________

Retailing:

No, Actually Malls Aren’t Dead: Three Reasons Why
(DBN)

All Hastings Entertainment assets will be sold
(DBN)

____________

Turnarounds:

Surviving a Restructuring: Developing a Strategy for Small- and Medium- Sized Debtors
(DBN)

Pimco's New Turnaround Man: Manny Roman
(DBN)

____________

Transportation:

Elon Musk’s ‘Master Plan’ for Tesla: Solar power, fully autonomous car-sharing and heavy vehicles
(DBN)

____________

Religion:

Twin Cities Archdiocese Admits Wrongdoing in Abuse Coverup
(DBN)

____________

Toys:

Mattel's loss widens on sales slump
(DBN)

____________

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 (34 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 Statistics:

Q2 2016 Business Bankruptcy Filings by Number of Employees
(DBN)

Corporate bankruptcies on the up
(DBN)

______________

Jurisdiction:

Reach of Bankruptcy Panels Gets Second Hearing by 9th Cir.
(DBN)

Ozenne to be Heard by the 9th Circuit en banc
(DBN)

____________

Bankruptcy Remoteness:

Deals Considered Bankruptcy-Proof Combust
(DBN)

____________

Unexpired Leases:

Subjective Intent to Assume Unexpired Lease of Nonresidential Real Property Deemed Insufficient
(DBN)

____________

Sales:

Second Circuit Clarifies Notice Requirement for Successor Liability Protection in Chapter 11 Asset Sale Orders
(DBN)

____________

Notice:

Creditor Can't Prove Notice Not Received in Ch. 7 Case
(DBN)

____________

Secured Debt:

Lenders Beware: Failure to Investigate Suspicious Facts Can Void Your Security
(DBN)

____________

Miscellaneous:

Webinar: Eye on Bankruptcy: Leading Bankruptcy Opinions From June 2016
(DBN)

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Avoidance Actions:

Suspicious Minds: Lender's Failure to Investigate and Search For "Possible Dirt" Leads to Fraudulent Transfer Liability
(DBN)

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Personal Finance:

My big, fat overgifted wedding
(DBN)

____________

Coal:

Republicans have no real answer for the collapsing US coal industry •Why Donald Trump Won't Bring Coal Jobs Back to West Virginia
(DBN)

Judge allows Peabody Energy to pay property taxes
(DBN)

____________

Art:

High-end art sales suffer global slump
(DBN)

____________

Student Debt:

Feds Take Another Shot at Improving Student Loan Servicing
(DBN)

What If the Student-Debt Collector Were a Real Live Human Being Who Helped You?
(DBN)

Government on Track to Forgive Up to $131,000 Each in Student Debt for Thousands of Doctors
(DBN)

____________

Sovereigns:

Venezuela’s Bonds Propelled by Speculation PDVSA Is Eyeing Swap
(DBN)

____________

UK:

English Court decides who can be a foreign representatives under Cross-Border Insolvency Regulations 2006
(DBN)

Brexit is the UK’s version of a corporate turnaround
(DBN)

Britain Negotiates Its EU Exit With a Weak Hand
(DBN)

IMF Say Brexit Will Batter the Global Economy
(DBN)

Have We Learned Nothing from 2008?
(DBN)

U.K. retail sales fall in June on bad weather
(DBN)

____________

EU:

When it comes to banks in Europe, where there’s smoke, there’s fire
(DBN)

Here’s what to expect as ECB meets in wake of Brexit vote
(DBN)

Debt Issuance Can't Keep Up With the ECB's Hunger for Bonds
(DBN)

____________

PIIGS:

Italian Banks On Verge Of Bankruptcy • Court ruling puts Renzi bank plan in doubt • Why Italy’s bank crisis could be ‘ticking time bomb’ •Italy doesn’t have a banking crisis; it has a euro crisis
(DBN)

Greece: Parliament's economists warn over policy mix
(DBN)

Day of reckoning for world's oldest bank
(DBN)

____________

Canada:

Essar Algoma insolvency case approaches finish line
(DBN)

Essar Steel Algoma stakeholders will make the call on company’s future
(DBN)

Time for new rules on creditor protection
(DBN)

____________

Brazil:

Brazil’s Anatel Indicates Judicial Administrator For Oi
(DBN)

____________

Singapore:

S'pore to bolster position as debt-restructuring centre
(DBN)

____________

India:

FM to head panel for speedy execution of Bankruptcy Code
(DBN)

____________

Malaysia:

US sues to seize $1 billion in assets tied to Malaysian state fund • 1MDB Bondholders Watch If Any Seized Assets in U.S. Repatriated • US Links Malaysian Prime Minister to Millions Stolen From Development Fund • UBS, Standard Chartered Targeted by Singapore for 1MDB Lapses• As 1MDB Scandal Unravels, Singapore Seizes $177 Million in Assets • Were You at the 1MDB Party? • "Wolf of Wall Street" Has Ties to Massive Malaysian Fraud • If Spending $13 Million In Stolen 1MDB Funds Over A Period Of Three Days In Vegas Is Wrong, The Prime Minister Of Malaysia’s Stepson Doesn’t Wanna Be Right
(DBN)

1MDB scandal: Singapore uncovers lapses at DBS, UBS, Standard Chartered
(DBN)

____________

Turkey:

Turkey Unrest Deals New Blow to Banks Struggling With Bad Loans
(DBN)

Turkey in State of Emergency Has Rating Cut to BB
(DBN)

Turkey $9 Billion Bond Rout Signaled by Swaps After Botched Coup
(DBN)

Turkish Government Orders 1,577 Deans To Resign In The Expanding Crackdown After the Coup Attempt
(DBN)

____________

Russia:

Banks Surviving Russian Purges Brace for ‘Most Painful’ Step Yet
(DBN)

____________

Australia:

Arrium's overseas bankers baulk at Whyalla loan
(DBN)

____________

 

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Copyright 2016