June 1, 2016

The Daily Bankruptcy News

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Law:

ATL’s Top Law Firm Bankruptcy Practices
(DBN)

Former Dewey leader rethinks pro se plan for retrial, retains new defense lawyer
(DBN)

In Colorado, the number of practicing female lawyers drops sharply each decade, report says
(DBN)

Solving Biglaw’s Gender Gap
(DBN)

GC Says Less is More in Legal Memos
(DBN)

Shell Starts Scouting for a New Legal Ops Center
(DBN)

Texas Supreme Court Allows $1.29M Legal Mal Case Against DLA Piper
(DBN)

"The Rise of Independent Legal Contractors in Today's 'Gig' Economy"
(DBN)

Real Lawyers v. Cyborgs (Part 3)
(DBN)

Many of the most-profitable law firms have little presence on Twitter
(DBN)

A ‘seismic shift’ in Texas: BigLaw shops raid local firms for top talent and big bucks follow
(DBN)

Law Student Turns To Sugar Daddies For Financial Help, Graduates Law School Debt-Free
(DBN)

Report: Harvard Law Prof Hid Far Left Views To Chair Hiring Committee And 'Heavily Influence Hiring Critical Race Theorists'
(DBN)

Missouri Law School Dean Resigns Day After Lawsuit Filed Seeking Public Records Of Law Prof Running For Attorney General
(DBN)

Beyond Biglaw: Small-Firm Interview Tips (Part 1)
(DBN)

Battle Over Service Dog At Law School Graduation
(DBN)

Country Lawyers Feeling Good About Their Life Choices
(DBN)

Indiana law partnership closes after 100 years
(DBN)

In-House: The Devils You Know
(DBN)

Drew Peterson guilty of seeking contract hit on prosecutor in murder case
(DBN)

Tulsa Reserve Deputy Gets 4 Years in Prison for "Inadvertent" Shooting of Unarmed Man
(DBN)

If We Are Going To Have Zoos, They HAD TO Shoot That Gorilla Gorilla Boy's Family Probed by Authorities
(DBN)

The First Memorial Day
(DBN)

Prosecutors are trying to seize the San Bernardino shooter's $250,000 life insurance payment
(DBN)

Blind man sues McDonald's for refusing him drive-thru service
(DBN)

Car Intentionally Runs Over Couple on Motorcycle
(DBN)

Ex-lawyer found a new career as a pastry chef while in prison
(DBN)

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Judges:

Judge exceeded authority by ordering ethics classes for possibly 3,000 DOJ lawyers, brief says Justice Dept. pushes back against Texas judge's sanctions
(DBN)

Donald Trump’s smear campaign against a federal judge, explained
(DBN)

5-Year-Old Mexican Farm Worker Grows Up to Be US Federal Bankruptcy Judge
(DBN)

Alabama Judge Preaches States' Rights, Till He Disagrees With His State
(DBN)

Judge’s ‘bizarre and disturbing behavior’ entitles med-mal plaintiffs to new trial
(DBN)

Gender Dynamics At SCOTUS? Female Justices Interrupted More Often Than Male Justices
(DBN)

Trump's sister likes EPA better than he does
(DBN)

Judge Manipulated 9/11 Attacks Case
(DBN)

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Wall Street:

U.S. stock futures drop as investors stay stuck in a waiting game
(DBN)

Stocks close mixed as oil slips
(DBN)

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Layoffs:

When 87,000 Job Cuts Isn't Enough
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Accounting:

SEC targets companies that use make-believe accounting metrics in their financial statements Here’s how investors are duped each earnings season
(DBN)

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Retailing:

Austin Reed to Be Liquidated After Failure to Find a Buyer
(DBN)

Retailers are already nervous about Christmas
(DBN)

Abercrombie & Fitch expected to benefit from overlap with bankrupt teen retailers
(DBN)

Fall of Sports Authority reignites fight over Mile High name Denver Broncos Look to Take Sports Authority Name Off Mile High
(DBN)

Under Armour cut its guidance because it didn't see The Sports Authority bankruptcy coming
(DBN)

Sports Authority picks Melville-based A&G Realty Partners to sell store leases
(DBN)

What Went Wrong At Target?
(DBN)

JC Penney Eyes $2B Leveraged Loan to Refinance Existing Debt
(DBN)

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Student Debt:

There's an app for paying back your student loan
(DBN)

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Advisors:

Jefferies hires two restructuring investment bankers
(DBN)

M&A Dealmaker Spotlight: Andrew Miller, Senior Managing Director, Financial Restructuring Houlihan Lokey
(DBN)

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Alternative Energy:

Which Solar Companies Will Benefit Most From SunEdison's Bankruptcy ?
(DBN)

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Electricity:

Energy Future Holdings Chapter 11 Case – The Largest Game Ever of Texas Hold’em?
(DBN)

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Fraud:

N.Y. Mets owners reach revised deal with Madoff trustee
(DBN)

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Autos:

VW Profits Down 20% in 1Q on Scandal
(DBN)

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Shipping:

A Protective Method for the Vessel Owners Following the Collapse of O.W. Bunker: The Second Circuit Approval of Interpleader Actions in Hapag-Lloyd Aktiengesellschaft V.U.S. Oil Trading LLC
(DBN)

Failing Shipbuilders
(DBN)

Lessons from the Rise and Fall of STX Offshore & Shipbuilding
(DBN)

STX Offshore court rehabilitation
(DBN)

Hyundai Heavy's self-rescue plan approved
(DBN)

Hyundai Merchant Marine Secures Debt Rollover
(DBN)

Daewoo Shipbuilding to cut wages, sell assets to stay afloat: report
(DBN)

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Economy:

Consumer confidence lowest since late 2015
(DBN)

Consumers boost spending by most in nearly 7 years
(DBN)

U.S. Economic Confidence Index Improves Slightly
(DBN)

Why Everyone Disagrees on the Economy
(DBN)

'Act now or risk another deep downturn,' OECD warns
(DBN)

There's Little Positive About Negative Rates
(DBN)

Small business job growth declines in May: IHS-Paychex
(DBN)

The Quiet Worker Recovery
(DBN)

Texas manufacturers post weakest month in a year
(DBN)

Many millennials expect to work until they die
(DBN)

Study Shatters Myth That Millionaires Migrate To Low Tax States
(DBN)

US companies issued a massive $517 billion of debt last year — but it's not a problem
(DBN)

Death rate in US rises for first time in a decade NYT
(DBN)

US Debt Clock
(DBN

World Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

City by city look at U.S. house prices shows every metro gaining ground
(DBN)

Salt Lake City Landlord to Tenants: If You Don't "Like" (On FB) Living Here, You Can Leave
(DBN)

Mortgage applications drop 4.1% over Fed rate uncertainty
(DBN)

SEC fines First Mortgage $12.7M, bans 6 execs for defrauding Ginnie Mae investors
(DBN)

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Municipalities:

The Puerto Rico rescue we need
(DBN)

Puerto Rico Has Already Been 'Berned' By Sanders' Policies
(DBN)

How bad deal will make life worse in Puerto Rico
(DBN)

Puerto Rico , Illinois And California: Public Pension Dominoes
(DBN)

Puerto Rico's born-again farmers dig for victory in island's debt battle
(DBN)

Puerto Rico faces colonial-style takeover to ease debt
(DBN)

Is Your State the Next Puerto Rico ?
(DBN)

DPS bankruptcy , Flint water focus at Mackinac conference
(DBN)

Illinois Heads for Year Two Sans Budget as Compromise Collapses
(DBN)

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Oil/Gas:

Gasoline prices hit highest point of 2016 as demand spikes Driving Season Could Jolt Oil To $60 Driving Season Could Jolt Oil To $60
(DBN)

Oil heads for fourth straight monthly gain
(DBN)

U.S. March oil demand rises 2 percent year-on-year -EIA
(DBN)

Why We Need $120 Oil
(DBN)

Dana Gas CEO Expects ‘Bumpy Road’ for Oil as Shale Sets Floor
(DBN)

Investors Beware: These 3 Oil Companies Could Go Bankrupt
(DBN)

Some Energy Fallen Angels Find Their Wings
(DBN)

Brazil’s Corruption Probe Likely to Expand to Other Petrobras Suppliers
(DBN)

Residents to start return to fire damaged Canadian oil city
(DBN)

Scotiabank profit falls 12%, hurt by energy loans
(DBN)

The Offshore Oil Business Is Crippled And It May Never Recover
(DBN)

Why the Oil Majors Face Inevitable Decline Why the Oil Majors Face Inevitable Decline
(DBN)

Court ruling could cast shadow over Brazil offshore oil sector
(DBN)

S&P: Distress Ratio Eases as Oil & Gas Issues Exit Sample
(DBN)

With oil near $50, Wyoming oil companies dust off drilling plans
(DBN)

BP Oil Cargoes in Limbo at Terminal as Venezuela Can’t Pay its Bills
(DBN)

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Politics:

A Word of Advice for Hillary Clinton Fact-checking Hillary Clinton on her email statements How much of the pro-Sanders vote is really anti-Clinton? Jerry Brown endorses Hillary Clinton Clinton’s lead over Trump may be bigger than you think Clinton Aide Declines To Answer Questions About Email Server
(DBN)

Legal Community Shuns Trump in Campaign Contributions Where Did Donald Trump Send Veterans' Millions? Why One Bernie Supporter Is Tempted to Vote for Trump The myth of Teflon Trump How Donald Trump could win Trump Fact Check: "the windmills are killing hundreds and hundreds of eagles." Trump Gave Millions to Vet Groups AFTER Media Report Questioning Donations Trump to Media: How Dare You Question Me
(DBN)

Is a mystery anti-Trump candidate about to enter 2016 race?
(DBN)

Poll: Voters feel disconnected despite 2016 campaign passion
(DBN)

The alliance between Big Business and the Republican party is in shambles
(DBN)

The real reason people want Elizabeth Warren for VP Trump: Elizabeth Warren Is An 'Ineffective' Woman With A 'Big Mouth'
(DBN)

Kristol Eyes Conservative Lawyer David French for Independent Presidential Run
(DBN)

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M&A:

Cheap Money: Goldman's $8 Billion Debt Assist
(DBN)

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Turnarounds:

Turnaround triage
(DBN)

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Coal:

The US coal industry is in a futile war - Report
(DBN)

Donald Trump Talks Energy Policy, Proposes To Cripple The U.S. Coal Industry
(DBN)

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Pensions:

Pension Funds Pile on the Risk Just to Get a Reasonable Return
(DBN)

Ex-CEO of CalPERS Sentenced to Prison
(DBN)

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Travel:

The best cell phone options to consider when traveling
(DBN)

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Tobacco:

Smoking bans around the world are killing the tobacco industry
(DBN)

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Healthcare:

Borrowers Request Approval for Sale to HCA Holdings
(DBN)

HCA agrees to buy Forest Park hospital in Dallas for $135 million
(DBN)

UnitedHealth to exit California's Obamacare market
(DBN)

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Compensation:

Bonus Compensation Clawbacks Are New Norm
(DBN)

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New Bankruptcy Opinions
(3 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (19 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (12 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:

Finance And Law: The Pros And Cons Of Monte Carlo Simulations In Valuation
(DBN)

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SCOTUS:

Justices reject union appeal over Trump Taj Mahal bankruptcy
(DBN)

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Interest:

Secured Creditors Must Be Diligent to Protect Post-Petition Interest and Costs
(DBN)

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Critical Vendors:

Impact of Critical Vendor Payments … More Critical Than Ever
(DBN)

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Insurance:

Are you Covered? The Insured v. Insured Exclusion
(DBN)

Securing Lender Access to Insurance Proceeds in Bankruptcy
(DBN)

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Mediation:

6 Reasons Why Bankruptcy Mediation is a Process, Not a One-and-Done Session: Part Six — Differing Priorities
(DBN)

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Aviation:

Republic Airways lands key deal with United Airlines
(DBN)

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Education:

For-profit college students earn less than before they enrolled, study suggests
(DBN)

Trump University case shows consequences of court secrecy
(DBN)

Unsealed Trump University documents reveal aggressive sales tactics
(DBN)

New York attorney general slams Donald Trump's 'phony' and 'shameless' Trump University the same day hundreds of pages of internal documents were unsealed
(DBN)

Trump University employees were encouraged to be vague about prices when soliciting new members
(DBN)

Here's the song Trump University sales people were instructed to play during seminars
(DBN)

Trump U Workers Call the School a Lie, Scheme
(DBN)

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Fraud:

Ashland man in TelexFree case seeks to suppress evidence
(DBN)

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Bankruptcy Crimes:

ID: Rigby Man Sentenced for Bankruptcy Fraud
(DBN)

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Chemicals:

Vertellus Files Ch. 11; Lenders to Buy Assets for $454M Credit Bid
(DBN)

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Sovereigns:

A Venezuelan default could be messier than Argentina’s
(DBN)

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UK:

Rescue Culture or Rogues’ Charter – Is Proposal A Step Too Far?
(DBN)

Barclays Banker Charged With Passing Inside Information to Plumber
(DBN)

Britain's property prices are going to crash because homes are becoming unaffordable
(DBN)

OECD warns Brexit could send shocks through global markets
(DBN)

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EU:

Europe Still Has Work to Do on Jobs
(DBN)

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PIIGS:

It’s not just Brexit — Greece, Spain, France are also on the brink
(DBN)

Greece, Creditors Closer to Completion of Bailout Program Review Greece and Creditors Spar Over Legislation Changes
(DBN)

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Canada:

Insolvency rate jumps 43.5% in Alberta
(DBN)

Second phase of Essar Steel Algoma sale and investment process is done
(DBN)

The Impact of Bankruptcy Reform on Insolvency Choice and Consumer Credit
(DBN)

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Australia:

Could Banks Down Under Go Under?
(DBN)

Dick Smith’s digital resurrection and lessons for those buying trademarks out of bankruptcy
(DBN)

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Russia:

Russia's Mechel secures $5bn debt restructuring with shareholders
(DBN)

Russia's hard times aren't over yet
(DBN)

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MENA:

Oil Change: Affluent Saudi Arabia Goes to Work
(DBN)

____________

China:

Chart shows China’s debt bubble bigger than subprime bubble
(DBN)

China could be about to plunge us all into a world of pain
(DBN)

Corporate China Does Not Make Money
(DBN)

China official May manufacturing PMI unchanged from April, ahead of forecasts
(DBN)

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South Korea:

Does Korea Have Any Appropriate Plan For Shipbuilding Sector Restructuring?
(DBN)

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Ukraine:

Ukraine's Defense: Russian Suit Part of a "Broader Strategy of Aggression"
(DBN)

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India:

Global Funds See More Pain for Indian Banks After S&P Downgrade
(DBN)

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