June 22, 2016

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Will Associate Raises Lead To An Exodus From New York? Nineteenth-Century Law Firm Pays Twenty-First-Century Cravath Scale Let’s Hear From The Furious Associates At Firms That Haven’t Matched! Associate Salary Raises Yet to Catch Fire in Asia Am Law Top 20 Firm Announces… Raises? It’s Hard To Tell From This Announcement Prodigal Law Firm Returns To Cravath Scale Did Firms Raise Salaries High Enough?
(DBN)

Is The Second-Tier NYC Salary Market Emerging?
(DBN)

Ropes & Gray Seeks Fees for Gawker Bankruptcy Work
(DBN)

Feast and no famine for DC summer associates Big Law Firms Shower Summers with Swag
(DBN)

EY Hires Norton Rose Fulbright Partner As Big Four Continue Push Into Law
(DBN)

King & Spalding’s New York Office Adds Financial Restructuring Partner
(DBN)

Dorsey Adds Bankruptcy Attorney in Palo Alto
(DBN)

New Bryan Cave Partner Enhances Bankruptcy’s Distressed Asset Sales Group in New York Office
(DBN)

Dickinson Wright Continues Expansion into Southeast, Opens Ft. Lauderdale Office With Bankruptcy Partner And Others
(DBN)

The Global 20 Law Firms Revealed (2016)
(DBN)

Law School a Solid Investment, Despite Pay Discrepancies
(DBN)

How To Pitch Yourself
(DBN)

4 Tips For Bankruptcy Associates Looking To Make Partner
(DBN)

This Law Firm is Giving Its Associates Tickets to ‘Hamilton’
(DBN)

Morgan Lewis partner is vetting potential Clinton running mates
(DBN)

Finance And Law: Are Lawyers Overpaid?
(DBN)

Firms Must Plant Roots In These Cities To Compete
(DBN)

Robins Kaplan Expands Parental Leave Benefits
(DBN)

Hedge Fund Really Wishes Feds Could Have Been Satisfied With A Mismarking Settlement
(DBN)

Are Robots Going to Take Our Legal Jobs?
(DBN)

The FT Global General Counsel 30
(DBN)

Wal-Mart law firms are already in the US
(DBN)

Beyond Biglaw: On The Stigma Of Living ‘At Home’
(DBN)

This subtle body language trick will make people like you
(DBN)

The worst kind of pants a man can wear, according to women
(DBN)

What to do if your nosy coworker is driving you insane
(DBN)

3 people were arrested driving to New York with a cache of loaded weapons and bulletproof vests
(DBN)

For Bar Exam Studiers: Tort Law — Set To Verse!
(DBN)

'This is pure nonsense': UCLA law professor explains the flawed logic of the judge who sentenced the ex-Stanford swimmer to 6 months in jail
(DBN)

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Judges:

Merrick Garland gets a ‘well-qualified’ rating from ABA ABA Comes Out Swinging for Merrick Garland
(DBN)

MS: US Judge speaks on misconceptions about bankruptcy
(DBN)

Suspended Chief Justice Roy Moore Denies Going Rogue
(DBN)

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Wall Street:

U.S. stock futures in holding pattern in countdown to Brexit vote
(DBN)

US Stocks Close Slightly Higher As Brexit Fears Ease
(DBN)

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Layoffs:

As Low-Skilled Jobs Disappear, Men Drop Out of the Workforce
(DBN)

WY: Mead announces $248M in budget cuts, nearly 700 layoffs
(DBN)

Company in Jacksonville to cut 163 jobs
(DBN)

May Unemployment Rates by State
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Celebs:

'Dance Moms' star Miller to plead guilty to bankruptcy, currency charges 'Dance Moms' star to 'accept responsibility' for fed charges
(DBN)

3 pro athletes defrauded out of $30 million by their investment adviser
(DBN)

Many Professional Athletes Would Be Well Served If They Learned To Say "No"
(DBN)

‘Girls Gone Wild’ guy loses $3M case
(DBN)

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Environmental:

Maxus Bankruptcy Deal Faces Opposition From OxyChem
(DBN)

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Media:

How the Gawker Media Bankruptcy Will Work
(DBN)

Hulk Hogan Challenges Gawker Over Bankruptcy Sale
(DBN)

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Gambling:

Caesars amends restructuring agreement with senior creditors
(DBN)

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Pensions:

Lawmakers Ask GAO to Probe Central States Fund Finances
(DBN)

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Economy:

Fed Chair Janet Yellen Says Minorities Have Yet to Benefit from Economic Recovery Yellen backs away from using negative rates in downturn Fed’s Yellen says Brexit could have significant economic repercussions Potential for 'Brexit' adds to need for rate hike caution, Fed's Janet Yellen says Janet Yellen Hints That Fed May Hold Back on Raising Interest Rates Recap: Fed Chairwoman Janet Yellen’s Report to Congress
(DBN)

66 million Americans have no emergency savings
(DBN)

Not Just the 1%: The Upper Middle Class Is Larger and Richer Than Ever
(DBN)

How the Fed is already using helicopter money
(DBN)

If the world were normal, this would signal that we're 'on the cusp of a major recession'
(DBN)

A look at the global economic malaise through Deutsche Bank
(DBN)

US will spend $2.6 trillion less on health care than expected before Obamacare, study projects
(DBN)

US Debt Clock
(DBN

World Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Middle-Income Families Are Increasingly Losing Ground on Affordability, Despite a Housing Recovery
(DBN)

A Surprise Twist in the Fannie and Freddie Appeal
(DBN)

Congressman, mortgage relief pioneer found guilty on raft of corruption charges
(DBN)

____________

Municipalities:

U.S. Senate to debate Puerto Rico debt bill, Democrats want changes
(DBN)

Congress Throws Puerto Rico A Lifeline
(DBN)

The Takeover of Puerto Rico
(DBN)

Debt Talks Between Puerto Rico and Its Creditors End Without a Deal
(DBN)

Puerto Rico: The New Argentina ?
(DBN)

Puerto Rico Panel Approves Power Utility Fee to Repay Debt
(DBN)

Puerto Rico Hit With Lawsuit as Key Debt Negotiations Stall
(DBN)

Snyder signs $617 million Detroit schools bailout package
(DBN)

Detroit City Council approves bond refunding, pension funding
(DBN)

____________

Oil/Gas:

Oil prices slip after two-day rally as market turns cautious U.S. oil hits $50 on hopes U.S. inventories will shrink
(DBN)

Get Ready For $80 Oil
(DBN)

E&P Borrowing Base Scorecard Spring '16: Addicted To Debt
(DBN)

$1 Trillion In Spending Cuts Could Lead To An Oil Price Spike
(DBN)

Creditors put financial squeeze on Eagle Ford operator
(DBN)

Oil Bust Pushes Producers Together To Make Cost Cutting Count
(DBN)

Quarter of PE firms plan oil buyouts by end of year -survey EY: Private Equity Warms Up To Oil Deals With $1T Warchest
(DBN)

Kemp: Global Oil Demand Shows No Sign of Peaking
(DBN)

Paragon Offshore Starts Push for Approval of Bankruptcy Plan Paragon Offshore's plan for exiting bankruptcy comes under fire
(DBN)

Venezuela’s oil production could fall half a million barrels a day in 2016, Barclays says
(DBN)

____________

Politics:

The 5th bankruptcy? Trump campaign finance report shocks media political pundits Clinton’s new line on Trump’s business career: “He’s Mitt Romney but bad at his job” Hillary hits her stride as she savages Trump’s business record Donald Trump defends dismal campaign finance report: 'I understand money better than anybody' Trump's money woes reverberate Trumponomics Gets Scarier When You Actually Study It 'He doesn't have the cash': Mark Cuban questions whether Trump is 'as rich' as he claims after FEC report Trump shrugs off campaign money woes Trump's Cash-Starved Campaign Seeks Top Donors in New York Voters trust Trump over Clinton on economy Donald Trump bid for Detroit casino showed off campaign style New York Strips Donald Trump of Homeowner Tax Break — At His Request Why Is Donald Trump Begging for Money As If He's Broke? Trump spent nearly $1 million on swag: You should see what his properties got I’m going to say something very unpopular in Silicon Valley: Trump is right about some big things Where is Donald Trump’s campaign money going? To Donald Trump. Clinton Will Hit Trump On Taxes in Ohio Economic Speech Stunning poll result shows nearly half of GOP voters still don’t want Trump as their nominee Donald Trump just collapsed in a key swing state Donald Trump thought he could overpower the NRA. He was wrong. Trump On Cusp of Losing Even Republicans Inside Trump's Most Valuable Tower: Felons, Dictators and Girl Scouts
(DBN)

Bernie Sanders’s Call to Reform the Superdelegate System Gets Traction
(DBN)

Hillary Clinton Blasts Donald Trump's Business Record, Warns He Would ''Bankrupt America'' Fact checking Clinton's speech on Trump's business practices Hillary Clinton slams Donald Trump's economic plan point by point in searing speech Clinton says Trump's books on business 'all seem to end at Chapter 11'
(DBN)

Why Hillary Clinton Needs Elizabeth Warren as V.P.
(DBN)

Will Hillary Pick a Fellow Lawyer for her Running Mate?
(DBN)

____________

Bankruptcy Crimes:

Oregon father and son scammed investors in business fraud conspiracy, indictment alleges
(DBN)

____________

Personal Finance:

8 signs you're headed straight for debt
(DBN)

What to do when you're offered a job and you need more time to decide
(DBN)

The 10 best US states for retiring rich
(DBN)

____________

Student Debt:

This Bank Wants to Pay Down Your Student Loans
(DBN)

Some Private Student Loans Eligible for Automatic Discharge in Bankruptcy
(DBN)

____________

Distressed Investing:

Recent Regulatory Updates in Distressed Debt and Restructurings: What Lies Ahead in 2016
(DBN)

____________

Shipping:

Hyundai Merchant Marine earns another month
(DBN)

Hanjin Shipping Received Warning from Financial Authorities
(DBN)

____________

Baseball:

Money woes continue for Fresno Grizzlies, audit shows
(DBN)

____________

Retailing:

Sears workers reveal mistakes that are killing the company
(DBN)

Bankruptcy court says Broncos can cancel Sports Authority sponsorship
(DBN)

____________

New Bankruptcy Opinions
(5 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (14 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)

______________

Discharge:

Supreme Court Holds That “Actual Fraud” Under Section 523(a)(2)(A) of the Bankruptcy Code May Include Fraudulent Transfers That Occur Without False Representations
(DBN)

Each Third Party Release Must Be Economically Justified, District Judge Holds
(DBN)

____________

Jurisdiction:

Do Bankruptcy Courts Have Jurisdiction Over Out-of-the-Money Claims Disputes?
(DBN)

____________

Mediation:

Preparing for Multiparty Mediation: A Checklist — Part One, Introduction
(DBN)

____________

Avoidance Actions:

Bankruptcy Preferences and the Ordinary Course Defense: Recent Decision Rescues Supplier
(DBN)

Second Circuit Defines Adequate Capitalization in Fraudulent Transfer Case
(DBN)

____________

Cross-Border:

Recognition of Foreign Insolvency Proceedings under Chapter 15 of the Bankruptcy Code
(DBN)

____________

Property of the Estate:

Bankruptcy Judge Allows Debtor to Retain Inherited IRA
(DBN)

____________

Adequate Protection:

Courts Trending Toward Motion Date to Begin Adequate Protection Payments
(DBN)

____________

Religion:

Judge, survivors sign off on Gallup Diocese settlement
(DBN)

____________

UK:

The dirty secret about the Brexit vote: It’s all a sham
(DBN)

The Brits Have No Good Options on Europe Vote
(DBN)

Proposed 90-day moratorium for failed firms may hit creditors
(DBN)

Bankrupts likely to keep pension pots from creditors following High Court ruling
(DBN)

Insolvency Cases Alerter
(DBN)

Hornby FY loss widens ; reveals restructuring plan
(DBN)

My Local grocery stores teeter on bankruptcy brink
(DBN)

____________

EU:

Brussels to intervene on bailing in bank bondholders
(DBN)

____________

PIIGS:

Greece to get EU bailout tranche Tuesday
(DBN)

____________

Canada:

Warburg Among Private Equity Sideswiped by Canada Gas Rout
(DBN)

Will the Redwater Decision Encourage Reckless Abandon(ment) of Oil and Gas Wells in Alberta?
(DBN)

____________

China:

The laws of economics say that China is heading for a Great Depression
(DBN)

Debt-ridden China developers on tightrope walk
(DBN)

____________

Venezuela:

Almost the entire nation of Venezuela is too broke to eat
(DBN)

____________

Brazil:

Soaring bankruptcies pose no threat to Brazil banks, group says
(DBN)

Brazil's Oi Downgraded by Fitch After Bankruptcy Protection Filing
(DBN)

Oi: call for help
(DBN)

Oi Bankruptcy Causes Shockwaves in Brazil’s Financial System
(DBN)

S&P downgrades Brazil's Oi to 'in default'
(DBN)

Billionaire Sawiris Expresses Interest in Brazil Carrier Oi
(DBN)

Oi’s Bankruptcy Filing Drags Down Banco do Brasil’s Shares
(DBN)

Brazil Stocks Slump as Oi's Record Bankruptcy Filing Hits Banks
(DBN)

Oil Shares Plunge on Brazil's Biggest Bankruptcy Filing
(DBN)

Brazil telecom watchdog says not intervening in Oi
(DBN)

Oi Bankruptcy Filing Torpedoes Stock of Services Provider Contax
(DBN)

Oi Rivals Seen Gaining While Bankruptcy Puts Brazil M&A Hopes on Hold
(DBN)

Oi bankruptcy spotlights Brazilian debt problems
(DBN)

Next steps for Oi in Brazil's bankruptcy process
(DBN)

A 55% Haircut Might Just Be Best Deal That Gol Creditors Can Get
(DBN)

____________

South Korea:

Ex-CFO of Daewoo Shipbuilding summoned over alleged accounting fraud
(DBN)

____________

Hong Kong:

Winding up and insolvency law in Hong Kong - key changes in 2016
(DBN)

____________

Iceland:

Iceland Forces Bondholders to Take 38% Discount in Krona Auction
(DBN)

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