July 22, 2016

The Daily Bankruptcy News

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3-Column Formating

 

Law:

A Delayed And Below-Market Pay Raise — But Associates Seem Happy, Actually
(DBN)

Lawyers, the algorithms are better than you (at some things)
(DBN)

Business is Great for Big Law. Wait…
(DBN)

Is Airbnb’s Top Lawyer the New Archetype for the Legal Profession?
(DBN)

Biglaw Partner Eviscerates Trump’s Cease-And-Desist Letter
(DBN)

Orrick Welcomes Restructuring Lawyer Evan Hollander
(DBN)

Litigation Finance: Financing bankruptcy proceedings
(DBN)

What Would President Trump Do With The Criminal Justice System?
(DBN)

New auction-style website asks lawyers to bid for cases
(DBN)

Law Firms Deny Liability In $173M Morgan Drexen Battle
(DBN)

10 Male Behaviors That Annoy Female Lawyers
(DBN)

Law firm accounts housed 'hundred of millions' in laundered money, say federal prosecutors
(DBN)

BakerHostetler Seeks $35M In Fees For Madoff Trustee Work
(DBN)

Reinventing The Law Business: D&S And The World Outside — Two Perspectives
(DBN)

SmallLaw Financial Mistakes To Avoid
(DBN)

Eversheds’ European strategy is putting its US hopes at risk
(DBN)

Want To Be Deeply In Debt? Go To Law School!
(DBN)

Georgetown 3L: Law School Is A Terrible Idea For Most People
(DBN)

Allen & Overy attempting to trademark 'Brexit Law'
(DBN)

Update your Apple devices now to fix a terrifying security bug
(DBN)

DocReviewPad Update
(DBN)

Apple Leak Reveals Massive New iPhone 7
(DBN)

6 insights to help 'awkward' people give the perfect presentation
(DBN)

An unarmed black man was shot by US police as he was trying to help an autistic man Video shows black behavioral therapist lying down with his hands up before police shot him ‘I Don’t Know’: Most Accurate Police Justification For Shooting Black People Yet
(DBN)

Fox News CEO steps down two weeks after he is sued for alleged sexual harassment
(DBN)

Lawyer TV Ads Pay Homage to ‘Better Call Saul’
(DBN)

Congresswoman's N---- Pics Posted Online, Feds Investigating
(DBN)

Girl Burned Alive For Not Working Hard Enough
(DBN)

Lawsuit: School Officials Want Transgender Students to Wear ‘Bright Green Wristbands’
(DBN)

Lawyer Turned Sports Reporter Clay Travis Dishes On What It’s Like To Leave The Law, CLE Credits, And College Football
(DBN)

______________

Judges:

Kate McKinnon As Ruth Bader Ginsburg Is Everything
(DBN)

Cert petition says judge’s 89-page opinion was ghostwritten by prosecutors; how common is it?
(DBN)

SCOTUS Usually Steers Clear of Politics … Sort of
(DBN)

Judges crash courthouse wifi watching movies instead of doing their work
(DBN)

______________

Wall Street:

U.S. stocks poised for a return to winning ways
(DBN)

European stocks slip as earnings reports roll in
(DBN)

US stocks close lower, Dow snaps 9-day winning streak
(DBN)

What Happens When There Are Limits on Bankers’ Bonuses?
(DBN)

______________

Layoffs:

FMC cuts 1,000 jobs as it preps for merger
(DBN)

Schlumberger cut more than 8,000 jobs in 2nd quarter
(DBN)

ConocoPhillips to shed 1,000 jobs
(DBN)

131 layoffs coming at York Haven's Brunner Island
(DBN)

Georgia Power cutting 270 jobs
(DBN)

730 warehouse employees in Ontario CA given layoff notices
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Celebs:

No one wants to buy 50 Cent's incredible $6 million mansion that he's been forced to sell due to bankruptcy
(DBN)

Dallas Judge Snubs Sam Wyly’s Attempt to Shelter His Home and Annuities
(DBN)

____________

Corporate Governance:

Corporate Heavyweights Back Governance Practices
(DBN)

____________

Media:

Gawker Media is bankrupt and up for sale, but its revenue and traffic are better than last year, says Nick Denton
(DBN)

____________

Healthcare:

Bankruptcy Courts Lack Subject Matter Jurisdiction Over Medicare Issues, Eleventh Circuit Rules
(DBN)

Effective turnaround programs for distressed health-care systems
(DBN)

Services to continue at bankrupt Pioneer hospital
(DBN)

____________

Education:

Black colleges: Obama's loan forgiveness rules could bankrupt us
(DBN)

____________

Finance:

Leveraged Lending Guidelines, New Debt Structures and Pitfalls in Bankruptcy
(DBN)

Banks and Marketplace Lenders Absorb a Blow Under the Supreme Court’s Refusal to Hear Madden v. Midland Funding, LLC
(DBN)

____________

Lehman:

Pointing a Finger at the Fed in the Lehman Disaster
(DBN)

____________

Gambling:

No deal, in Taj Mahal casino strike
(DBN)

____________

Economy:

Philly Fed Manufacturing Survey showed Contraction in July
(DBN)

Weekly Initial Unemployment Claims declined to 253,000 3 Month Low
(DBN)

'An event of this magnitude could trigger an even greater global collapse than Lehman Brothers'
(DBN)

The American Cities Creating The Most White-Collar Jobs 2016
(DBN)

Far from middle class: why JPMorgan's wage hike is not worth celebrating
(DBN)

The Emerging-Markets Debt Time Bomb
(DBN)

US Debt Clock
(DBN

World Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

Existing Home Sales increased in June to 5.57 million SAAR Existing Home Sales Increase in June
(DBN)

Mortgage rates tick up but linger near record lows, Freddie Mac says
(DBN)

The real estate market is about to either take off or collapse
(DBN)

NYC seems to have a 'don't ask, don't tell' policy towards rent
(DBN)

____________

Municipalities:

New Puerto Rico Law Goes to Court
(DBN)

PROMESA Shields Puerto Rico Behind a New Automatic Stay
(DBN)

Assured Guaranty Files Motion to Lift Stay and Challenge the Commonwealth’s Executive Orders Diverting PRHTA Pledged Toll Revenues Not Subject to Clawback
(DBN)

Want to run a failing Michigan school district? There's a class for that
(DBN)

____________

Oil/Gas:

Distress In The Oil And Gas Industry: What Happened To The Price Of Oil?
(DBN)

Oil prices could stay low for another 3 years
(DBN)

Crude prices struggle after a week of losses Oil Rally Hopes Crushed As Inventories Hit All-Time High
(DBN)

U.S. drillers to cut $150 billion from budgets by 2017, Wood Mac says
(DBN)

Oil and Gas Deals Outpacing 2015
(DBN)

Schlumberger Joins Halliburton in Calling Bottom of Oil Downturn
(DBN)

Keppel Sees Prolonged Dearth of Oil-Rig Orders Amid Supply Glut
(DBN)

Linn Energy: When Hedges Are Not Enough
(DBN)

More pain in second quarter for Alberta's oilpatch, but signs of rebound
(DBN)

More Pain Seen for US Oil Over Glut
(DBN)

Halliburton Report: Company Loses $148 Million From Operations With Venezuela
(DBN)

____________

Politics:

Trump Supporters Feel Worse Off Than Others Trump: It's Midnight in America Ivanka steals the show FactCheck: Trump's Acceptance Speech Trump's secret weapon is his charm — but his convention speech wasn't charming at all How Donald Trump failed in his disaster of an acceptance speech Does Trump Always Pay His Bills? Trump Fact Check: "America is one of the highest-taxed nations in the world." Donald Trump's Dark Vision Ivanka Trump Takes On Tough Role How One Trump Contractor Survived The Taj Mahal Irony The grand irony of Donald Trump using American Apparel for his campaign t-shirts The latest Republican convention disaster shows Donald Trump is a terrible dealmaker A Harvard law professor reveals what ‘Star Wars’ teaches us about Donald Trump Donald Trump’s NATO comments are the scariest thing he’s said Trump Ignores the Reason America Defends the World Trump Aide Manafort Not Apologizing to Clinton Over False Allegation Trump delegate sent home after hoping ‘brave snipers’ would shoot some ‘n******’ Mark Cuban Brings the Heat in Donald Trump Roast with Stephen Colbert Why Mark Cuban went from saying Trump is the "best thing" for America to #NeverTrump Donald Trump's New York Times interview reveals a dangerously lazy mind at work Donald Trump's NATO comments make Vladimir Putin 'a very happy man' Donald Trump on NATO, Turkey’s Coup Attempt and the World Here's what Trump's health care plan would actually do Why Trump is the Bernie Madoff of politics
(DBN)

'Ronald Reagan would be ashamed': Clinton campaign slams Donald Trump's controversial NATO suggestions Arizona Republican calls out GOP insanity: ‘Stop saying Hillary belongs in jail’
(DBN)

‘Selfish’ Ted Cruz Draws Widespread GOP Fire for Breaking Loyalty Pledge Over Insults Ted Cruz: I Can’t Back a Man Who Attacked My Family Ted Cruz defends RNC speech in epic tirade: I won't back Trump 'like a servile puppy dog' 'Condemned to Republican hell': Ted Cruz faces GOP knives for anti-Trump message at RNC speech Lindsey Graham: Mark Cuban explains why he's no longer voting for Donald Trump Ted Cruz did not help his 2020 odds by shivving Trump Filmmaker Michael Moore: 'Sorry,' but Trump likely to win People taunted Heidi Cruz as she left the Republican National Convention after Ted Cruz's speech Not Everyone is Booing Ted Cruz For Not Endorsing Donald Trump
(DBN)

Sanders has no desire to be the Cruz of the Democratic convention, aide says
(DBN)

Warren and Castro out of the running to be Clinton's vice president?
(DBN)

4 Major Myths in the GOP Party Platform
(DBN)

____________

Fraud:

Judge shrinks Madoff trustee $905 million lawsuit versus Florida firm
(DBN)

Settlement Ends Much of Litigation Against MF Global’s Corzine
(DBN)

US forfeiture case says stolen funds landed in Shearman account, seeks ‘Wolf of Wall Street’ profits
(DBN)

____________

Tax:

Tax Treatment of Bankruptcy Related Expenses
(DBN)

Priority of Tax Liabilities in Bankruptcy
(DBN)

____________

Coal:

This could finally be the end of coal's 5-year death march
(DBN)

False Dawn for Coal
(DBN)

____________

Alternative Energy:

SunEdison Gets Nod On $80M Sale Of Solar Energy Project
(DBN)

____________

Insurance:

Brooke Ex-CEO Complains Of Lackadaisical Estate Oversight
(DBN)

____________

Hotels:

New York's Allegria Hotel bought out of bankruptcy
(DBN)

____________

Retailing:

Aeropostale to challenge Sycamore's status as creditor
(DBN)

Sports Authority naming-rights selloff goes into overtime Sports Authority to Sell Denver Broncos Stadium Naming Rights
(DBN)

Hastings to close all its 126 stores nationwide Liquidators Win Ch. 11 Auction For Assets Of Hastings Parent
(DBN)

Objection filed in Hasting's bankruptcy case
(DBN)

16 Fastest Dying Retailers in America
(DBN)

Closing Time For Sports Authority, Layoffs For Everyone Else
(DBN)

____________

New Bankruptcy Opinions
(2 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (20 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (6 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)

______________

Valuation:

The Evolution Of Valuation In Bankruptcy
(DBN)

____________

Sanctions:

Sanctions motion claims lawyer flung coffee at Venable partner during deposition
(DBN)

____________

Miscellaneous:

Michael Fiddy, Co-Chair of DLA Piper's Global Restructuring Group, reflects on significant restructuring developments around the World
(DBN)

____________

Bankruptcy Remoteness:

Delaware Bankruptcy Court: provision granting creditor veto over debtor's decision to file bankruptcy violates federal public policy
(DBN)

Freedom of Contract in LLC Structure Is Not Absolute Where Parties Seek Bankruptcy Relief
(DBN)

____________

Cross-Border:

Chapter 11 Of An English Company - 19 Entertainment Limited
(DBN)

US and English Courts welcome most- but not all- foreign debtors
(DBN)

____________

Guaranties:

Enforcing Personal Guaranties
(DBN)

____________

Professional Compensation:

Baker Botts v. ASARCO: Equal Opportunity Application of Supreme Court's Prohibition on Fee Defense Reimbursement
(DBN)

____________

Safe Harbors:

Second Circuit Upholds Bankruptcy 'Safe Harbor' for Securities Transactions
(DBN)

____________

Mediation:

They’re in a bit of a pickle — Part Three: Conflicts of Interest for Bankruptcy Judges as Mediators in Chicago
(DBN)

Bankruptcy Court Nixes Contrarian Capital Bid for Energy Future Mediation
(DBN)

____________

Qui Tam:

Qui Tam Motions and Settlements
(DBN)

____________

Sales:

Second Circuit: “Free and Clear” Asset Sale in GM Bankruptcy Does Not Shield GM from Liability for Pre-Sale Ignition Switch Defects
(DBN)

____________

Student Debt:

The Debt Man Can Only Ring Thrice in Student-Loan Robocall Plan
(DBN)

____________

Bankruptcy Reform:

How to Catch a Falling Giant: FIBA Moves Closer to Realization
(DBN)

____________

UK:

Government hits creditors with £8m insolvency fees hike
(DBN)

Britain just got its first concrete sign that Brexit is going to destroy the economy
(DBN)

Brexit vote raises second-half concerns for these companies
(DBN)

Leicester City Football Club: The Legendary Rise That Almost Never Happened
(DBN)

Joint evidence session between the work and pensions and business innovation and skills select committees on the collapse of BHS
(DBN)

____________

EU:

Direct Access To Insurers Of Insolvent Entities At Last? Third Parties (Rights Against Insurers) Act 2010
(DBN)

____________

PIIGS:

Allowing VAT Claim Haircuts May Boost Italian Restructuring Market
(DBN)

Greece: Court rules against “haircut” on bonds human rights challenge
(DBN)

Greece Pays ECB on Maturing Government Bond
(DBN)

____________

Canada:

Risk of abandoned oil and gas wells on the rise in BC
(DBN)

Transfer of Operatorship of Oil and Gas Assets Upon Insolvency
(DBN)

____________

Brazil:

Oi Creditors Said to Seek Broader Support on Restructuring Plans
(DBN)

Brazil banks slump, blog says Odebrecht mulls bankruptcy
(DBN)

____________

Australia:

Australian Insolvency Law Reforms Aim To Increase Business Restructuring Opportunities
(DBN)

____________

Malaysia:

U.S. Prosecutors’ 1MDB Case Divides Malaysia U.S. lawsuits link Malaysian leader to stolen money from 1MDB fund
(DBN)

____________

Venezuela:

Rothschild Said to Approach PDVSA Creditors to Form Group
(DBN)

____________

MENA:

IMF urges UAE to prioritize bankruptcy law to help SMEs
(DBN)

Fatwa Against Pokemon Go
(DBN)

____________

 


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