June 21, 2016

The Daily Bankruptcy News

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Law:

A Biglaw Behemoth’s Weak-Sauce Raise Another Round Of Raises To Start The Week The 2016 Salary Increase: Which Firms Have Announced Raises? How Will Legal Technology Impact The Move To $180K? Why $180k Is The Wrong Way To Motivate Associates And Attract Top Talent Allen & Overy ups London-based US NQ lawyer pay packets to £124,000 King & Spalding, Alston Raise Associate Pay GCs Wary of Rate Hikes as Firms Increase Associate Pay
(DBN)

The Murder Of Dan Markel: In Defense Of Charlie Adelson Update On Murder-For-Hire Investigation Into Dan Markel's Death: In Defense Of Charlie Adelson
(DBN)

Decaying Law Firm Brands
(DBN)

Jones Day Pivot to Trump Account - New Coke of 21st Century?
(DBN)

Foreign Law Firms on Edge as Venezuela Teeters
(DBN)

Dentons, Referral Industry Square Off Ahead of New Network Launch
(DBN)

Hearing resumes in allegations against bankruptcy lawyer accused of relationship with client
(DBN)

Coming and Going Concerns
(DBN)

Is This Really A Summer Associate Scandal?
(DBN)

At Which Firms Are Women Thriving? Findings From The ATL Law Firm Gender Diversity Index
(DBN)

9 Tips For Client Meetings
(DBN)

Why lawyers will love watchOS 3
(DBN)

Ban These Words From Your Vocabulary To Sound More Confident At Work
(DBN)

The Robots Lawyers Have Arrived...
(DBN)

Arizona Law School Preying On Low-Information Prospective Law Students
(DBN)

Tom DeLay: People keep forgetting that God ‘wrote the Constitution’
(DBN)

Supreme Court declines consideration of law banning some semi-automatic assault weapons Lawmakers Set for New Showdown on Gun Control
(DBN)

Released court transcript reveals judge's logic behind sentencing the ex-Stanford swimmer convicted of sexual assault to just 6 months in jail
(DBN)

Starbucks customers may seek damages over underfilled lattes: judge
(DBN)

Mateen: 'Chilling, calm, and deliberate' A Muslim man who attended the same mosque as the Orlando shooter reported him to the FBI in 2014
(DBN)

Case of law grad convicted in slaying tests Delaware’s death penalty law
(DBN)

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Judges:

Justice Clarence Thomas may step down from court after election SCOTUS Retirement Watch: Clarence Thomas To Hang Up His Robe?
(DBN)

Judge fired for watching p--- in chambers loses unfair dismissal claim
(DBN)

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Wall Street:

U.S. stock futures rise ahead of Yellen speech
(DBN)

US stocks close higher as Brexit worries wane
(DBN)

Goldman Sachs expects steep dropoff in U.S. demand for stocks
(DBN)

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Layoffs:

Regency Hospital in Fort Worth to close, 152 jobs lost
(DBN)

RBS is planning to cut 900 jobs
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Coal:

Peabody Is Paying Laurence Tribe to Fight Climate Plan
(DBN)

Alpha Natural reorganization plan not viable -U.S. government
(DBN)

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Retailing:

PacSun BK Auction Canceled
(DBN)

CDS Price Changes Shows Increase in Retail Risk
(DBN)

Modell's and Sports Direct Discussing a Joint Bid for Sports Authority
(DBN)

Sports Authority may have buyers for 200 stores
(DBN)

Denver Broncos can cancel Sports Authority sponsorship, bankruptcy court says
(DBN)

My attorney costs how much!!?? Sports Authority bankruptcy fees top $1,000 an hour
(DBN)

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Entertainment:

SFX Entertainment's Bondholder-Supported Restructuring Terminates
(DBN)

Restructuring plan to save TomorrowWorld producer falls apart
(DBN)

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Autos:

Ex-VW CEO Faces Probe in Germany
(DBN)

VW Ready with $10 Billion Diesel Plan
(DBN)

Bondholders file proposed class action against Volkswagen
(DBN)

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Student Debt:

Compassion and Common Sense Enter Student Loan Discharge Arena
(DBN)

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Hedge Funds:

Hedge Funds Still Can't Figure Out a Way to Avoid a $25 Billion Tax Bill
(DBN)

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Trucking:

A Bill Hall Jr. trucking company files for bankruptcy in San Antonio
(DBN)

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Economy:

The Fed Gets an Attitude Adjustment
(DBN)

An Arbiter of Recessions Sees ‘Clouds on the Horizon’ for the U.S. Economy
(DBN)

Fannie Mae: Economic growth will probably stay slow and stable
(DBN)

El-Erian Links ‘Strange Risks’ Like Brexit to Faltering Economy
(DBN)

More older Americans are working than at any time since the turn of the century
(DBN)

How Brexit (and Donald Trump) could upend the global economy
(DBN)

If 100 People Lived On Earth
(DBN)

Moody's: Trump Plans Could Cost GDP Trillions Experts: President Trump Would Start The Best Recession
(DBN)

The Global Economy Isn't Broken
(DBN)

US Debt Clock
(DBN

World Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

There's a storm brewing in the real-estate market
(DBN)

Fourth Circuit Precludes Modifying Default Interest on Home Mortgage Loan
(DBN)

Phoenix Real Estate in May: Sales up 6%, Inventory up YoY
(DBN)

FNC: Residential Property Values increased 5.6% year-over-year in April
(DBN)

10 Years On: Homeowners Richer, Renters Hurt
(DBN)

Why a 30-year home mortgage may leave you house poor
(DBN)

FTC shuts down "appalling" multi-million dollar mortgage relief scam - Law firms accused of falsely promising rescue from foreclosure
(DBN)

Pimco Says ‘Storm Is Brewing’ in U.S. Commercial Real Estate
(DBN)

Starwood Said to Offer $1.2 Billion U.S. Shopping Malls for Sale
(DBN)

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Municipalities:

How Atlantic City's tax base plunged and debt skyrocketed over the last 40 years
(DBN)

Yet another call for CPS bankruptcy History not a guide for possible Chicago Public Schools bankruptcy
(DBN)

Gov Rauner sounds off on budget crisis, CPS Gov. Rauner: Bankruptcy for CPS Might Be 'Best Option'
(DBN)

Detroit school board member bucks state, backs bankruptcy
(DBN)

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Oil/Gas:

Oil Prices Rise as Global Stocks Surge Oil Rallies With Risk-On Rebound
(DBN)

Why We Can Expect Cripplingly Higher Oil Prices In The Near Future
(DBN)

U.S. offshore regulator to unveil tougher environmental safeguards, more bankruptcies coming?
(DBN)

A Quick Trip to the Oil Patch Shows Energy -Related Losses Rising
(DBN)

Oil Prices to Fall Below $40 in Third Quarter — BAML
(DBN)

Saudi Oil Exports Fall to 6-Month Low as Refineries Buy Less
(DBN)

Uncompleted wells could hold back oil price rebound
(DBN)

Gasoline prices dip noticeably for 1st time in months
(DBN)

What happens to oil if there's a Brexit?
(DBN)

What Is $11 Billion in Russian Oil Really Worth?
(DBN)

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Politics:

Wall Street cash or Elizabeth Warren: Hillary's choice Wall Street threatens to revolt if Clinton taps Warren for VP: ‘We just can’t trust you’
(DBN)

U.S. Economy Would Be ‘Diminished’ Under Trump’s Economic Plan, New Analysis Says House Speaker Offers Republicans an Out for ‘Very Strange Situation’ of Donald Trump Trump walks back support for allowing armed clubgoers after NRA says it 'defies common sense' Donald Trump has been all over the place with his positions on guns post-Orlando Donald Trump’s campaign manager is out Donald Trump to Announce Religious Advisory Board Donald Trump said it's illegal for delegates to change the rules on him, but it's not Those 'Dump-Trump' Republicans Are Getting Kind of Weird Trump's Best-Case Scenario SCOTUS won't back Trump's Muslim immigration ban, says top White House lawyer Trump Did Not Pay Any Taxes In At Least Five Years 20% of Donald Trump’s campaign spending goes to Trump businesses Trump's fund-raising disaster
(DBN)

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Distressed Investing:

Hedge funds seek long term money for distressed debt wagers
(DBN)

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Metals:

Horsehead Shareholders Press Challenge to Bankruptcy Plan
(DBN)

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Telecoms:

Oi files for bankruptcy protection
(DBN)

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Bankruptcy Crimes:

Pittsburgh Doughnut Chain Founder Admits To Federal Charges
(DBN)

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Horticulture:

Plant Grower Zelenka Farms Files for Bankruptcy, Blaming Rain
(DBN)

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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 (10 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (14 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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Avoidance Actions:

Making Sausage – – The Seventh Circuit Examines the “Ordinary Course” Preference Defense
(DBN)

Do Bankruptcy Code clawback provisions reach transactions occurring in other countries?
(DBN)

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Contempt:

Bank and its president held in contempt by bankruptcy court
(DBN)

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Litigation:

Bankruptcy litigation
(DBN)

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Dismissal:

No American Horror Drama TV Series, but Close: Chapter 11 Case Dismissed as Resembling “Walking Dead”
(DBN)

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Insurance:

Concerns Raised about Coverage with Ohio Insurer's Demise
(DBN)

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Pharma:

Black Horse to Provide $3MM DIP for KaloBios Pharmaceuticals
(DBN)

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Celebs:

'Dance Moms' star accused of bankruptcy fraud now facing money laundering charge
(DBN)

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UK:

Here's what will happen on Friday if Britain votes to leave the EU
(DBN)

U.K. Hedge Funds Are Loudly Divided on Brexit
(DBN)

Big Businesses Redouble Efforts to Ward Off Brexit
(DBN)

French Economy Minister Warns Brexit Vote Could Splinter E.U.
(DBN)

The simplest way to understand how a Brexit would affect the US
(DBN)

Vote for Brexit is ‘financial suicide’ for British homeowners: Wilbur Ross
(DBN)

How Jo Cox’s murder changed everything about the Brexit vote
(DBN)

European stocks surge 3.5% as Brexit fears ease
(DBN)

Brexit is a 'distraction' from the real problems facing the world economy
(DBN)

Rising NHS trust deficits spark investor concerns
(DBN)

BHS pension fund trustees raised alarm over Sir Philip Green's sale to bankrupt
(DBN)

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EU:

El-Erian: EU's troubles far from over even if Brexit doesn't happen
(DBN)

Distressed investing in Europe
(DBN)

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PIIGS:

Greece receives billions in promised loans from creditors
(DBN)

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Canada:

Lawyer for accused in Lac-Mégantic disaster wants to see more evidence
(DBN)

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Brazil:

Rio Must Get Federal Aid to Avoid Olympic Shame: Official
(DBN)

Oi files for USD19.2bn bankruptcy protection This Company Just Filed Brazil's Biggest Bankruptcy Ever Brazilian Telecom Oi Files for Bankruptcy Protection as Creditors Hang Up Telecom Oi files for Brazil's biggest bankruptcy Brazil's Oi sees normal operations during bankruptcy protection Portugal halts trading of Oi's largest shareholder Oi Files for Brazilian Record $19 Billion Bankruptcy Protection
(DBN)

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Venezuela:

Venezuela 2016 Default Likely, PDVSA May Go First, Moody’s Says
(DBN)

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Netherlands:

No more bonuses for bosses of bankrupt firms: new law
(DBN)

____________

China:

China's onshore defaults could spill over to offshore bonds-S&P
(DBN)

Does China's Debt Bomb Mean Exploding Bonds?
(DBN)

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Bolivia:

Junk-Bond Darling Bolivia Is in Moody’s Crosshairs Amid Deficit
(DBN)

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Copyright 2016