July 27, 2016

The Daily Bankruptcy News

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Law:

Salary Movement Trickles Down To Midwest Mainstay
(DBN)

Elizabeth Warren Was A Tough Law Professor, Just Ask Joe Kennedy
(DBN)

Prominent Restructuring Duo Join Skadden's Restructuring Practice in New York
(DBN)

What skills do new lawyers need now—and what can wait? Database lets you search for answers
(DBN)

An appeal from lawyer sentenced for wearing Black Lives Matter pin
(DBN)

How much do lawyers working in solo practice actually earn?
(DBN)

Amid Rent Debt, Bankruptcy Firm Seeks Chapter 11 Protection
(DBN)

Facing A Decline In Enrollment, Law School Seeks Federal Loan For Some Debt Relief
(DBN)

Laptops And Law Students: A Bad Combo?
(DBN)

Cornerstone Research: First Half Securities Suit Filings at Highest Level in Years
(DBN)

What 'Hamilton' teaches lawyers about framing a story
(DBN)

Ashurst exits continue as CFO quits
(DBN)

If You Really Want To Open The Legal Marketplace, Let Solo And Small Firm Lawyers Compete
(DBN)

Once lawyers know how to improve the situation, we no longer have an excuse for tolerating the status quo
(DBN)

Cory Booker & Perils of Eloquence - Implications for Trial Lawyers' Stylistics
(DBN)

Democracy And Law Firm Leadership
(DBN)

Finance And Law: Recessions And Lawsuits
(DBN)

$33M Legal Malpractice Suit Against Womble Carlyle Ends 'Amicably,' Lawyer Says
(DBN)

Florida Judge Gives Money Launderers A ‘How-To Guide’ To Getting Around Money Laundering Charges
(DBN)

Amal Clooney To Quit Practicing Law?
(DBN)

Lawyer Accuses Former Firm of Refusing to Pay Owed Bonuses So Its President Could Buy Private Jet
(DBN)

The 6 types of lawyer movies
(DBN)

Panel issues guidance on best-lawyer advertising
(DBN)

Many Lawyers Aren't Worried About Retirement - They Just Plan To Keep Working
(DBN)

A black man playing 'Pokemon Go' was surrounded by Iowa City officers with guns aimed at him
(DBN)

Shootout Erupts When Alleged Robbers Target Pokémon Go Players With Gun
(DBN)

Judge Orders Makeover for Alleged Robber With Nazi Tattoos
(DBN)

Mayor de Blasio under investigation for Long Island College Hospital sale
(DBN)

Will California Attorney Be Disciplined for Racist Comments?
(DBN)

TX AG Took Gift While Investigating Company
(DBN)

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Judges:

Drug smuggler pleads guilty for retaliating against judge by filing involuntary bankruptcy
(DBN)

Judge declares on Facebook his intent to ban plea bargains in assaults against police
(DBN)

7th Circuit orders new sentence after judge’s remarks on urban decay, riots and fatherhood
(DBN)

Two judges, best friends, bonded by gift of life
(DBN)

Pennsylvania judge resigns, attorney cites misconduct probe
(DBN)

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Wall Street:

U.S. stock futures rise, led higher by Apple
(DBN)

Stocks close flat as investors monitor company earnings
(DBN)

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Layoffs:

Shell to cut 25 percent of deep-water Gulf jobs
(DBN)

eBay to shed 2,400 jobs
(DBN)

Caterpillar Inc. expects more layoffs after disappointing second quarter
(DBN)

The high cost of layoffs, for workers and companies
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Retailing:

Auctioneers: Bid Expected For Stadium Naming Rights By End Of Week 'Indications of interest' in buying out Sports Authority's Broncos stadium naming contract
(DBN)

Attorneys Recast Retail Deal After Sports Authority Bankruptcy
(DBN)

Sports Authority Top-Executive Bonuses Draw Fire in Bankruptcy
(DBN)

Under Armour's Profit Tumbles As Sports Authority Bankruptcy Takes Toll
(DBN)

Liquidator’s deadline for Mile High stadium naming rights passes without a lead bidder
(DBN)

Aeropostale’s Sycamore Rift Goes to Trial as Vote Proceeds
(DBN)

Vivarte Loans Said to Fall After Hiring Debt-Restructure Expert
(DBN)

Under Armour Can Learn From Sports Authority
(DBN)

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Fishing:

Condo, vehicle creditors seek relief in Great Pacific bankruptcy
(DBN)

Bondholders suffer from Singapore-listed China Fishery's bankruptcy bid
(DBN)

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Pensions:

Detroit Was Just the Beginning: The Crisis of City Pension Systems
(DBN)

The Pension Crisis Is Coming For All of Us
(DBN)

Why Pensions’ Last Defense Is Eroding
(DBN)

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Celebs:

Why Media Companies And Celebrities 'Go Broke'
(DBN)

Billionaire who went bust is out of jail and still owes millions
(DBN)

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Distressed Investing:

Cash Wave Pointed Toward Junk Bonds
(DBN)

BlueMountain Distressed Debt Head Said to Exit Amid Losses
(DBN)

Pimco, Prudential Say Next Big Buy in Junk Is the U.S. Consumer
(DBN)

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Compensation:

CEOs Are Paid Fortunes Just to Be Average
(DBN)

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Coal:

How Coal Industry Bankruptcies Could Hurt the Environment
(DBN)

Alpha Natural Resources Successfully Emerges From Bankruptcy
(DBN)

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Autos:

VW Judge Signs Off on $14B Emissions Settlement VW Owners Might Keep Driving Dirty Diesels After Settlement The Only Winners in VW's Mess: Owners
(DBN)

Lawyers Restart GM Ignition Switch Litigation
(DBN)

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Insurance:

Driverless Cars Threaten to Crash Insurers’ Earnings
(DBN)

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Economy:

Fed may edge closer to rate hike
(DBN)

Sizing Up Clinton and Trump's Economic Plans At Democratic Convention, Economic Messages Reveal Tensions
(DBN)

Consumer Credit Default Rates Steady in June
(DBN)

US Factory Towns Stop the Bleeding
(DBN)

Maybe Negative Yields Are a Sign of Prosperity
(DBN)

Economists Give Up on Milton Friedman's Biggest Idea
(DBN)

A Professor Explains How the Fed Made a Huge Mistake With Lehman
(DBN)

Caterpillar’s outlook is the gloomiest so far this earnings season
(DBN)

Hillary Clinton Committed to ‘New Approach’ on Trade Deal, Not Tweaks, Aide Podesta Says
(DBN)

Clinton wants to change capital gains taxes
(DBN)

US Debt Clock
(DBN

World Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

The Housing Market Continues to Cool
(DBN)

One Woman's 10-Year Fight to Save Her Family From Foreclosure
(DBN)

U.S. Home-Price Increases Maintained Strong Pace in May
(DBN)

How Much House Do Americans Really Own?
(DBN)

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Municipalities:

Puerto Rico: Congress and Supreme Court Shape a Path Towards Financial Recovery
(DBN)

Supreme Court Nixes Puerto Rico Insolvency Law, but Congress Legislates New Path
(DBN)

Hatch to Lead Congressional Task Force on Puerto Rico Growth
(DBN)

How Many Mayors Can Puerto Rico Afford?
(DBN)

Junk-rated U.S. municipalities shine brighter with record low rates
(DBN)

66ers ball club seeks handout from bankrupt San Bernardino
(DBN)

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Oil/Gas:

Oil , Gas Companies Tighten Cash Flow at Expense of Future Growth
(DBN)

Oil industry can be its own worst enemy
(DBN)

Why Oil Prices Are On A Crash Course This Fall
(DBN)

Energy Companies Buy Time by Paying Debt Interest With More Debt
(DBN)

Do rig counts still matter?
(DBN)

Will Falling Oil Crater the Stock Market?
(DBN)

Oil prices fall to 3-month lows Slow Panic: Oil Drops 2% As U.S. Stockpiles Continue to Grow Oil heads back to $30/bbl and probably lower Crude Falls Again As Short Positions Surge Oil falls close to three-month low as oversupply weighs Low Oil Prices Kill Off 7 Billion Barrels Of Oil Production Morgan Stanley Predicts Plummeting Oil Prices - $35 Likely
(DBN)

Texas oil job cuts eased in June, economist says
(DBN)

BP 2nd-quarter earnings fall 45 percent
(DBN)

Valero’s profits tumble 40 percent in 2nd quarter
(DBN)

Anadarko posts $700 million loss — and that’s an improvement
(DBN)

Schlumberger: Global Supply Deficit Likely If Demand Growth Continues
(DBN)

Paragon Offshore Lenders Want Privileged Settlement Docs
(DBN)

Emerald Oil Moves Closer to Bankruptcy Sale
(DBN)

Intervention May Be Close To Resolving Lender Dismissal Row
(DBN)

Energy Investor Atinum Hits Ch. 11 After $365M Debt Default
(DBN)

In Venezuela's murky oil industry, the deal that went too far
(DBN)

Valero's Unflattering Imitation of Big Oil
(DBN)

Oil Bulls Headed Over Demand Cliff
(DBN)

U.S. Oil-Train Boom Is Ending
(DBN)

Statoil falls to loss, cuts capital expenditure
(DBN)

Going, going, gone: Oil and gas auctions reflect industry woes
(DBN)

Oil Majors Lost One Engine; Now The Second One Is Sputtering
(DBN)

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Politics:

Donald Trump's Atlantic City Record Attacked on Day One of DNC At DNC, striking Taj Mahal workers say A.C.'s plight could spread if Trump elected There’s One Person Donald Trump Did Not Try to Mess With: Michelle Obama Guess Who's Clothing Line is Made in China? What Exactly Was Donald Trump Saying About Cory Booker? Pro-Trump Singing Kids To Sue Trump Campaign For Reneging On Deal
(DBN)

Sanders Supporters, Your Shouting Will Not Protect You Sanders to revert to independent for rest of Senate term The DNC Is Very, Very Sorry for Those Mean Things They Said About Bernie
(DBN)

Hillary Clinton Officially Becomes First Woman to Win Major Party Nomination Hillary Clinton’s Historic Moment Divides Generations of Women Democrats Launch Operation Humanize Hillary Bill Clinton's Lapse Into Trumpism Biggest Names in GOP Backing Clinton Democratic Machine Chose Clinton Long Ago. But Why? Millennials can’t stand Clinton — and plan to vote for her
(DBN)

Wikileaks DNC Email Dump: The Worst of the Worst Listed The Inside Battle to Oust Wasserman Schultz Perkins Coie lawyer’s ‘push back’ advice on Bernie Sanders is in emails revealed by WikiLeaks DNC Lawyers Now Implicated in Email Leaks as Giving 'Pro-Hillary' Advice
(DBN)

Did Slaves Really Build The White House? Bill O'Reilly: Actually, the Slaves Who Built the White House Had It Pretty Good
(DBN)

Elizabeth Warren: Donald Trump’s Divisive Tactics Empower Those At The Top Elizabeth Warren’s devastating Trump hit: She drew a straight line from Jim Crow to Donald Trump Warren Heckled, Booed During DNC Speech
(DBN)

Bill Clinton's speech made Hillary human again
(DBN)

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Healthcare:

Bankrupt hospital company accuses Texas tribe of fraud
(DBN)

HI: Embattled medevac firm files bankruptcy
(DBN)

BIND Therapeutics Announces Two Bidders Join Pfizer’s Stalking Horse Bid in Auction for BIND’s Assets BIND Therapeutics Determines Pfizer’s $40 Million Bid Is Highest and Best
(DBN)

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Chemicals:

David Einhorn Bets Citron Research Is Wrong About Chemours Being Designed For Bankruptcy
(DBN)

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Museums:

For Museums, the Road to Insolvency Can Be Paved With Huge Checks
(DBN)

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Student Debt:

Good News On Student Loans ... For Some
(DBN)

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Banking:

Deutsche Bank profit tumbles 98% Deutsche Bank's Pain Turns Chronic

(DBN)

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Fraud:

Deloitte Resigns as 1MDB Auditor Malaysia won’t shield its citizens from foreign 1MDB investigations
(DBN)

Judge shrinks Madoff trustee $905 mln lawsuit vs Florida firm
(DBN)

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Mass Torts:

Insurance payouts frozen in bus settlement case
(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 (25 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (42 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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Unfair Trade Practices:

Bankruptcy Court Rejects Unfair-Practices Claim Against Insurer Accused of Aiding and Abetting Conversion of Trust Funds
(DBN)

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Tax:

Are Those Taxes Owing On Your Late-Filed Tax Return Dischargeable? Maybe, But You Better Be In The Right Circuit
(DBN)

DBSI Trustee Wants IRS To Return All Ponzi Funds
(DBN)

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Bankruptcy Alternatives:

Assignment for the Benefit of Creditors: Stay of Litigation
(DBN)

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Appeals:

Back to Square One … Eighth Circuit Bankruptcy Appellate Panel Reverses Motion to Dismiss Bankruptcy Case Based on Reversal of Three Year Old Ruling
(DBN)

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Trustees:

Desperate Times Call for Desperate Measures: Delaware Bankruptcy Court Doesn’t Answer in Syntax-Brillian , Denying Motion to Remove Trustee
(DBN)

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Prepacks:

3 Tips For Acing A Prepackaged Ch. 11
(DBN)

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Cross-Border:

Brazilian Telecom Company Oi Wins U.S. Court Protection
(DBN)

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Avoidance Actions:

Judge Allows Tyson's $13.7M Claim in Quantum Bankruptcy
(DBN)

Quantum Foods: The Intersection of Preference Litigation and Administrative Claims
(DBN)

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Professional Compensation:

Oaktree, Paul Hastings Battle Over $5M Molycorp Legal Tab
(DBN)

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Chapter 13:

Chapter 13 Plans are Just About Written in Stone
(DBN)

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Sales:

2nd Circ. GM Ruling Shows Value Of Debtor's Disclosures
(DBN)

Inadequate Notice Limits "Free and Clear" Sales in Bankruptcy
(DBN)

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Settlements:

Eleventh Circuit Permits Lower Court Judgment to Be Vacated After Settlement
(DBN)

Supreme Court to Resolve Circuit Split Over Structured Dismissals
(DBN)

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Sanctions:

"As A Result Of Respondent's Conduct, The Bankruptcy Court And Opposing Party Were Required To Endure A Proceeding Which Was Groundless"
(DBN)

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Food/Beverage:

Coming recession could be ‘worst ever’ for restaurant stocks
(DBN)

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Hotels:

New York investor asks judge to toss Hammons Hotels bankruptcy , allow lawsuit to proceed
(DBN)

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Property of the Estate:

Easy Come, Alter Ego Go: Creditors Lose Standing to Pursue Debtor’s Shareholders and Directors
(DBN)

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Bankruptcy Remoteness:

When a "Golden Share Veto" is Trumped by Federal Public Policy
(DBN)

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Receivers:

Unauthorized Transfers of Receivership Property: Void, Voidable or Ok?
(DBN)

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Proofs of Claim:

Against the Grain: Bankruptcy Court Allows FDCPA Claim to Proceed Despite Res Judicata Argument
(DBN)

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Mediation:

What Should be the Mediator’s Role in Documenting a Settlement Agreement?
(DBN)

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UK:

Goldman Rapped in U.K. for ‘Authority Without Accountability’ in Soured Deal
(DBN)

The Conduct of the Likes of Sir Philip Green Is an Affront to Every Hardworking Business Owner in This Country UK lawmakers blame Philip Green for BHS collapse Sir Philip Green is threatening legal action against the chair of a parliamentary inquiry into the collapse of BHS 'Too much leverage': Internal memos on Goldman Sachs' losing performance on the doomed BHS pension plan How the BHS pension fund collapsed while Sir Philip Green made £307 million How the BHS pension fund collapsed while Sir Philip Green made £307 million
(DBN)

UK PM May concerned by lawmakers' damning report on BHS
(DBN)

UK retailers saw biggest fall in sales in 4 years after Brexit vote
(DBN)

Think the Brexit Shock is Over?
(DBN)

If they’re lucky, British millennials will barely earn more than Generation X in their lifetimes
(DBN)

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PIIGS:

ie: Gibraltar-based Enterprise Insurance 'hopelessly insolvent '
(DBN)

Greek Finance Ministry Denies Allegations that Prolonged Negotiations Inflated State Debt
(DBN)

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Canada:

Largest shareholder in Sault Star parent company wants to buy steel mill
(DBN)

Alberta takes legal action against power companies’ secret, ‘Enron clause’ to protect consumers
(DBN)

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Brazil:

Record bankruptcies pressure Brazil banks as recession bites
(DBN)

Brazil Court Names Judicial Administrator for Oi
(DBN)

Oi seeks large debt cut, $1 bln cash from creditors, Globo says
(DBN)

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China:

Steel firm and creditors see no love lost in public battle
(DBN)

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Japan:

A Quick Guide to Japan's Government Debt
(DBN)

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MENA:

UAE- Call to expedite bankruptcy law will help SMEs
(DBN)

An Overview of the UAE Insolvency Regime and its Effectiveness
(DBN)

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Singapore:

Changes to bankruptcy laws to kick in Aug 1 New bankruptcy system to foster rehabilitative environment to bankrupts
(DBN)

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Russia:

Is it possible to Restructure in Russia?
(DBN)

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