July 28, 2016

The Daily Bankruptcy News

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Law:

Ire Grows At Mid-Market Firms Failing To Match Their Peers
(DBN)

Am Law 100 Firm Raises Salaries… And Infuriates Associates
(DBN)

Do Associate Salary Raises Trickle Down?
(DBN)

Seeking Equal Pay for Women, Sedgwick Partner Sues Her Firm
(DBN)

How Diverse Is the Legal Industry?
(DBN)

The Best Midsize And Boutique Law Firms To Work For
(DBN)

These law firms are named the best for women
(DBN)

Reports Of Chaos At Day 1 Of The D.C. Bar Exam On Final Day of Bar Exam: Frustration, Relief, Drinking Plans
(DBN)

Taking the Bar Exam? Don’t Study, Finish Early
(DBN)

This Is Why We Don’t Let Students Run Law Schools
(DBN)

Dare to Bare It at the Office?
(DBN)

The Latest Revelations In The Dan Markel Murder Case
(DBN)

Bankruptcy Attorney, Replacement Both Get Suspended
(DBN)

The Best Midsize And Boutique Law Firms To Work For
(DBN)

9th Circ. Wants Calif. Justices' Input In Heller Dispute
(DBN)

Suit alleges law firm didn’t pay promised bonuses because of free-spending CEO
(DBN)

How Advanced Technologies Are Helping Litigators Win Cases
(DBN)

Firms stop workers from working for competitors. States are fighting back.
(DBN)

The End of the Freddie Gray Prosecutions: No Convictions
(DBN)

Over 70% of workers are unaware that the First Amendment doesn't protect them from getting fired over dumb social media posts
(DBN)

Law Firm Sues 20-Year-Old Waitress Over Unflattering Yelp, Facebook Reviews
(DBN)

TX: $3M Lottery Winner Invested It in Meth
(DBN)

Amal rumor mill in overdrive: Doughty Street barrister is ‘pregnant’ and/or to become ‘full-time fashion creator’

A Belch in Gym Class. Then Handcuffs and a Lawsuit.
(DBN)

Which movie lawyer are you? Take our quiz
(DBN)

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Wall Street:

Wall Street set for higher open as optimism about earnings takes hold
(DBN)

European stocks wobble as avalanche of earnings reports rolls in
(DBN)

Stocks close mixed after Fed; Apple posts best day in 2 years
(DBN)

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Layoffs:

 

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Corporate Reform:

This is what it's like when the 1% go to jail, according to a couple that ministers to their families
(DBN)

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Media:

Gawker’s Denton Tries Again to Halt $140 Million Court Judgment Gawker's Denton Gets Breathing Space For Hogan Appeal Gawker’s Denton Wins Short Halt to $140 Million Hulk Verdict
(DBN)

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Healthcare:

Hospital CEO says health care system broken, favors Medicare for all
(DBN)

7 hospital bankruptcies so far in 2016
(DBN)

Stringer: Public Hospitals Deficit to Jump to $515 Million by 2020
(DBN)

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Retailing:

Never mind Bullock’s — Target is the future of dying malls
(DBN)

Sports Authority plans to pay top executives $2.85 million in bankruptcy bonuses
(DBN)

Claire's banking on back-to-school sales to avoid bankruptcy
(DBN)

Hastings Can’t Find A Date, Kmart Finds The Rumor Mill
(DBN)

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Gambling:

Caesars Unit Bondholders Seek Sanctions Against Apollo
(DBN)

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Toys:

Toys ‘R’ Us Extends Debt Swap Early Deadline for Noteholders
(DBN)

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Aviation:

Boeing Reports First Quarterly Loss in 7 Years
(DBN)

The Little Airline That Couldn’t
(DBN)

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Compensation:

CEO Pay: $122 Million for Failure
(DBN)

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Autos:

Volkswagen Reports 56% Drop in After-Tax Profit
(DBN)

Fiat Chrysler ending car production in US
(DBN)

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Mining:

Anglo-American Posts Steep First-Half Loss
(DBN)

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Debt Collection:

Why you could soon face fewer calls from debt collectors
(DBN)

CFPB Unveils Overhaul of Debt Collection We’re working to improve fairness and transparency in the debt collection market for you Regulators propose huge overhaul of debt collection industry
(DBN)

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Economy:

Durable Goods Orders Fell 4% in June
(DBN)

Federal Reserve is Rethinking Everything
(DBN)

Fed: Rates to Stay Unchanged for Months
(DBN)

Can the World Deal With a New Bank Crisis?
(DBN)

S&P: $10.3T of Corporate Debt Set to Mature Over Next 5 years
(DBN)

US Debt Clock
(DBN

World Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Pending home sales eke out 0.2% gain in June
(DBN)

Colony case: Close to closure?
(DBN)

Housing Prices Have Finally, Fully Recovered
(DBN)

Leases: How About Those Attorneys’ Fees?
(DBN)

Affordability constraints hold back pending home sales
(DBN)

Cash sales this year lowest start since 2008
(DBN)

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Municipalities:

Virgin Islands Echoes Puerto Rico as Utility’s Bonds Cut to Junk
(DBN)

Atlantic City May Default Without State Aid, Moody’s Says Moody’s: AC likely to default Monday
(DBN)

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Oil/Gas:

Oil tumbles 2 pct after unexpected U.S. crude, gasoline stock build Here’s the key factor pushing oil prices toward $35 a barrel Oil Near Three-Month Lows as Stocks Accumulate
(DBN)

Oil nears a fresh bear market: 5 things to watch
(DBN)

Crude Rally Unwinds Completely – Expect $40 Oil
(DBN)

Oil Industry About To Be Burned Again By Fall In Oil Prices
(DBN)

The Oil-Price Recovery Is Drowning in Gasoline
(DBN)

Plentiful supply pressuring oil prices Petroleum stockpiles grow despite strong demand
(DBN)

Oil companies cutting their way to profits, report says
(DBN)

Twin Butte Energy's Angry Creditors Hire Help for Better Deal
(DBN)

Atlas Resource Partners Files for Chapter 11 Bankruptcy Atlas Resource Partners Enters Bankruptcy With Debt-Cut Plan First Day Dec
(DBN)

Oil producer Halcon Resources files for bankruptcy protection Halcon Resources, US Oil Explorer, Files for Bankruptcy First Day Dec
(DBN)

Judge moves to end Sabine Oil's bitter bankruptcy
(DBN)

False Sense Of Hope Was Raised For Linn Investors
(DBN)

Weatherford loses $565M despite massive job cuts
(DBN)

Shell Earnings Tumble to 11-Year Low on Oil, Weaker Refining
(DBN)

Swiber to wind up, biggest Singapore casualty of oil slump
(DBN)

Judge moves to end Sabine Oil's bitter bankruptcy Sabine To Win Approval Of Chapter 11 Plan
(DBN)

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Politics:

Mayor of Detroit jabs Trump with bankruptcy joke Donald Trump breaks silence on student debt Bloomberg Calls Donald Trump a Con Man Can Donald Trump win? 'Anything is possible,' Obama tells Savannah Guthrie Donald Trump Wanted a ‘Showbiz’ Convention. Hillary Clinton Got One. Three-fourths of evangelicals support Donald Trump. Blame the "prosperity gospel." Trump invites Russian hackers to find Clinton's missing emails Trump's Nationalist Appeal Fades When He Starts Winking at Putin Donald Trump Tells NBC's Katy Tur to "Be Quiet" Trump: Baltimore prosecutor in Freddie Gray case 'ought to prosecute herself' No plans to release tax returns as pressure mounts, Trump aide says
(DBN)

‘Someday a woman will be president’ T-shirts banned by Walmart in 1995 for offending ‘family values’ Whatever your politics, a woman winning a presidential nomination is a hugely important milestone Supporters nervous Clinton won’t carry Pennsylvania Elizabeth Warren Calls VP Pick Tim Kaine 'Valuable' for Clinton Team Obama to Seek to Define Legacy While Making Case for Clinton Hillary Clinton is telling the truth to white working-class voters. She might be better off lying
(DBN)

Hillary Clinton’s Legal Career On Display At The DNC
(DBN)

Democrats Ignored Cybersecurity Warnings Before Theft
(DBN)

Hero Ex-City Councilman Charged With Stealing DNC Parking Passes and Food Vouchers
(DBN)

Bill Clinton Recalls Budding Love at Yale Law
(DBN)

The villain of both conventions: Goldman Sachs
(DBN)

Bernie Sanders Knocks the Convention Dead with speech attacking the 1%
(DBN)

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Education:

How Clinton’s ‘Free College’ Could Cause a Cascade of Problems
(DBN)

For-profit blames accreditor scrutiny ripple effect for closure
(DBN)

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Involuntary Bankruptcies:

Bankruptcy Court Freezes Settlements In Charter Bus Crash Lawsuit
(DBN)

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Coal:

Peabody reaches coal mine cleanup deal with three U.S. states
(DBN)

Peabody seeks leniency on cleanup during bankruptcy
(DBN)

Illinois Looking for Better Deal in Coal Cleanup?
(DBN)

Peabody Energy agrees to $32M ‘superpriority’ claim for NM coal mine cleanup
(DBN)

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Food/Beverage:

Analyst Warns of Restaurant Downturn
(DBN)

Italian restaurant chain files again for bankruptcy
(DBN)

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New Bankruptcy Opinions
(9 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (73 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (34 new filings today)
(DBN)

Bankruptcy Code - Prior BK Codes (pick year from drop down list) - 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:

June 2016 Bankruptcy Filings Down 6.9 Percent
(DBN)

8 Well Know Companies That May Not Survive
(DBN)

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Avoidance Actions:

U.S. judge revives $6B intentional fraud claim in Lyondell bankruptcy
(DBN)

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Sales:

The Second Circuit Articulates Standard For Determining Scope of Free and Clear Sale Provision and Highlights Procedural Due Process Concerns That Bear on Enforcement
(DBN)

Are Buyers of Assets Acquired from Debtors in Section 363 Bankruptcy Sales Protected from Debtors’ Product Liability Claims?
(DBN)

You Can’t Buy Me Love and You Can’t Buy a 363(f) Order
(DBN)

____________

Bankruptcy Reform:

Did Bankruptcy Reform Inflict the Rise in Structured Finance?
(DBN)

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Distressed Investing:

Risky Debt Looks Easy. It Isn't
(DBN)

Distressed debt diva Lynn Tilton on ‘unfair’ SEC trial: ‘You don’t believe it could happen’
(DBN)

____________

Celebs:

Abby Lee Miller Gives an Update on Bankruptcy Fraud Charges: "I Made Mistakes Along the Way"
(DBN)

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Fraud:

Fund Lawyer Who Worked With Goldman Holds 1MDB Clues, U.S. Says
(DBN)

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Music:

SFX Entertainment Eyes Reorg Plan, Handing Equity to DIP Loan Lenders
(DBN)

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Insurance:

Insurer’s Coverage Denial Relieves Policyholder’s Obligation to Obtain Consent to Settlement
(DBN)

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UK:

Minister says rise in Scots going bankrupt goes against longer-term trend
(DBN)

Number of people going insolvent jumps more than one fifth
(DBN)

Another post-Brexit economic survey shows a collapse in activity — this time in retail
(DBN)

Boss of bankrupt budget holiday firm Low Cost Holidays warns more travel agents could collapse
(DBN)

Brexit Hitting UK Economy Hard
(DBN)

Increase in insolvency figures expected
(DBN)

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PIIGS:

Households on the Hook for Italy's Next Bailout
(DBN)

Isolux Creditors Agree $2.2 Billion Debt-Restructuring Deal
(DBN)

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Canada:

No benefits, no raises: Judge says no to any changes at the former Stelco Steelworkers' benefits decision postponed in U.S. Steel Canada bankruptcy hearing
(DBN)

Canada’s biggest residential landlord is the most shorted company in North America
(DBN)

Publisher Torstar cuts dividend as loss widens, advertising down
(DBN)

Alberta to audit coal mines to ensure there's money for cleanup
(DBN)

Canada’s Suncor Energy Swings to Loss on Production Cuts from Wildfires, Low Oil Prices
(DBN)

____________

MENA:

Egypt asks IMF for $12 billion loan amid struggling economy
(DBN)

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Brazil:

Oi Investor Tanure Escalates Board Spat With Court Filing
(DBN)

Aurelius Said to Amass Oi Stock as Bankruptcy Battle Deepens
(DBN)

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South Korea:

Ex-CEO of Daewoo Shipbuilding indicted over accounting fraud
(DBN)

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India:

Global Investors Say Lower Prices on Indian Stressed Debt Needed
(DBN)

Indian junk's strange allure has investors in a stupor
(DBN)

____________

Singapore:

Swiber’s Wind-Up Flags Rising Risks Singapore Bondholders Face
(DBN)

New Singapore rules designed to reduce number of bankruptcies
(DBN)

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