June 23, 2016

The Daily Bankruptcy News

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Law:

Allstate Joins In-House Furor Over Associate Raises Corporate clients wary they are the money tree being shaken
(DBN)

The Updated List: Which Biglaw Firms Have Raised Base Salaries? Here’s Why You Don’t Deserve The Same Raise… In Pictures Wait — WHO Just Raised Associate Salaries? Back In The Race: Will The $180K Biglaw Starting Salaries Attract A New Group Of Law School Lemmings? Will In-House Lawyers Benefit From Associate Raises?
(DBN)

As Big Firms Up Associate Pay, Regional Firms See an Opening
(DBN)

New report uncovers growing dissatisfaction with traditional law firms
(DBN)

Is Work-Life Balance a Hopeless Goal in the Legal Profession?
(DBN)

The View From Up North: Why Are Toronto First-Year Salaries Stagnant?
(DBN)

Longtime Staffer Lobs Bias Lawsuit at Jones Day
(DBN)

Dewey Execs ‘Lied’ and 16 More Quotes From Aric Press
(DBN)

Deloitte Sees Opportunity with Half of all GCs
(DBN)

Flush with Cash, Latham & Watkins Extends Lateral Spree
(DBN)

Move Over Wachtell, There’s A New Firm At The Top — Vault Top 100 Firms (2017)
(DBN)

Is law school a ‘fruitful choice’? Pay boost for JDs suggests a benefit, study says
(DBN)

Is This Law School’s Name Change A Good Idea?
(DBN)

University Of Houston Dean Threatens To Sue South Texas Over Name Change To Houston College Of Law
(DBN)

Unranked law school changes its name; blogs see possibility of confusion
(DBN)

Two Men Charged In Markel Murder-for-Hire As Police Continue To Investigate Ex-Wife’s Family
(DBN)

Five Years Ago, We Said Law Firms Would Stop Using These By 2016
(DBN)

Prince Harry’s Ex On Why She Left Her Magic Circle Law Firm
(DBN)

Remind Yourself Of Your Proper Place In The Firm… Useless Cog
(DBN)

Grit: Lawyers have it, to a greater or lesser degree. It is what keeps us going against the odds.
(DBN)

Here's the easiest way to undo the harms of sitting all day
(DBN)

A corporate lawyer-turned-traveler shares the 7 biggest misconceptions people have about her 8 years on the road
(DBN)

14 scientific tricks to beat stress, anxiety, and fear
(DBN)

A relationship expert shares the trick to getting your way in any situation
(DBN)

Houston lawyer sues Starbucks for alleged burns from spilled coffee
(DBN)

Former House Speaker Dennis Hastert is reporting to prison
(DBN)

A Sit-In on the House Floor Over Gun Control Democrats Fight Back on Gun Control White House Accuses Senators of Cowardice on Gun Control
(DBN)

______________

Judges:

Study: Women, Minorities Underrepresented on State Courts
(DBN)

In an apparent first, Supreme Court opinion includes link shortener A Short-Handed Supreme Court Picks Its Path
(DBN)
(DBN)

Justice Alito Sells Exxon Stock After Years of Case Recusals
(DBN)

Judge Now Cool With Taking Allegedly Ethically Challenged Hedge Fund At Its Word
(DBN)

NM Supreme Court restricts judges' use of social media
(DBN)

SCOTUS Losing Authority as Vacancy Persists, Former Judge Says
(DBN)

Justices Disclose Privately Paid Trips and Gifts Majority of U.S. Supreme Court justices are millionaires
(DBN)

A Short-Handed Supreme Court Picks Its Path
(DBN)

______________

Wall Street:

U.S. stocks set for gains after Brexit polls point to ‘stay’ vote
(DBN)

Stocks close lower as Street counts down to Brexit vote
(DBN)

Why Record Buybacks Are a Troubling Signal
(DBN)

______________

Layoffs:

Workers with Disabilities See Long-Delayed Improvement as Job Market Tightens
(DBN)

Layoffs Watch ’16: Goldman Sachs
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Coal:

Solar Industry Welcomes Coal Workers With Open Arms
(DBN)

Who Pays for Mine Cleanup After Big Coal Goes Bankrupt ?
(DBN)

Feds, questioning reclamation plan, play trump card in Alpha Natural Resources bankruptcy
(DBN)

____________

Distressed Investing:

Blackstone Takes Minority Stake In Distressed-Debt Specialist Marathon Asset Management
(DBN)

____________

Politics:

Trump defends 'brilliantly' using bankruptcy laws Donald Trump Brings Back the Talk of Default Milbank: Trump doing to the Republican Party what he did to Atlantic City Trump’s top example of foreign experience: A Scottish golf course losing millions Donald Trump Doesn't Have The Cash To Self-Fund Unless He Sells Prized Properties Former Romney Fundraiser: Trump Campaign 'in Crisis' Donald Trump Sticks With ‘King of Debt’ Moniker I'll fund my own campaign, with or without the GOP Donald Trump Attacks Hillary Clinton as ‘Corrupt’ Trump’s Adult Children Flex Muscle Inside Campaign Donald Trump blasts Hillary Clinton in speech Rendell throws cold water on Trump's speech Donald Trump’s Clinton attack speech reveals just how little he understands the world Donald Trump just gave the most normal, most compelling speech he’s ever given Does 'Deadbeat Donald' Have Any Money? Donald Trump Says Hillary Clinton Doesn't Have the 'Temperament to Be President' Donald Trump: Clinton Is Raising ‘Blood Money’ Will Trump’s Campaign Drown in Debt?
(DBN)

House Republicans Seek to Eliminate IRS Chief’s Paycheck
(DBN)

Election Uncertainty Takes Toll on Business
(DBN)

Bernie Sanders admits the inevitable: “It doesn’t appear that I’m going to be the nominee”
(DBN)

Clinton, armed with zingers, goes after Trump on the economy Clinton uses Trump's words to warn of his economic impact Clinton: Trump Is "Going After Me Personally Because He Has No Answers on the Substance" Hillary Clinton to campaign with Sen. Elizabeth Warren Monday in Cincinnati Why Hillary Clinton Probably Won’t Pick Elizabeth Warren as a Running Mate
(DBN)

Former Goldman Sachs CEO supports Elizabeth Warren Scott Brown: Liz Warren has ‘creepy ... obsession’ with me Elizabeth Warren bashes Trump at Democrat State Convention Hillary Wants Warren On The Ticket As Much As Wall Street Does
(DBN)

Chaos On House Floor As Dems Shout Down Paul Ryan Paul Ryan's tweet criticizing the Democratic sit-in on gun control is backfiring quickly
(DBN)

____________

Personal Finance:

Why the best travel rewards credit cards aren't travel rewards cards at all
(DBN)

Traveling for work? How to bring the family along and keep everybody happy
(DBN)

I Knew The Interview Was Over When This Happened
(DBN)

____________

Aviation:

VLM Airlines Files For Bankruptcy
(DBN)

____________


Economy:

Yellen May Face Tougher Crowd in House Appearance
(DBN)

Yellen: I'm 'very hopeful' that economic growth will pick up
(DBN)

Consumer Spending On the Rise in April
(DBN)

Millions of U.S. Consumers Are Escaping Subprime
(DBN)

11M Americans Spend 1/2 Their Income on Rent
(DBN)

How Much Does It Cost to Raise a Child?
(DBN)

Why we should give every adult $1,000/month for free
(DBN)

High school graduates are way worse off today than 40 years ago
(DBN)

Disruption: The New Economy?
(DBN)

The most unaffordable place to live in America is…
(DBN)

White Americans no longer the majority in many U.S. counties
(DBN)

Getting Serious About Trumponomics
(DBN)

US Debt Clock
(DBN

World Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

US homes sell at strongest pace since 2007 Existing Home Sales increased in May to 5.53 million SAAR
(DBN)

Rents Are Booming, But for How Long?
(DBN)

AIA: Architecture Billings Index increased "Sharply" in May
(DBN)

Foreclosure Inventory down 29% YoY
(DBN)

The Impact of Mortgagor Bankruptcy on the Real Estate Mortgagee: Current Problems and Some Suggested Solutions
(DBN)

Lawyerly Lairs: A Disbarred Lawyer’s $11 Million Beach House
(DBN)

____________

Municipalities:

Democrats could slow passage of Puerto Rico rescue bill
(DBN)

The Critical Word For Puerto Rico Is Insolvency
(DBN)

Puerto Rico Governor Asks Senate to Approve Debt-Relief Bill
(DBN)

Let Puerto Rico help itself
(DBN)

PROMESA: Puerto Rico's "Restructure" at $4.25 an Hour
(DBN)

Puerto Rico's Options Dwindle as Senate May Delay Rescue Bill
(DBN)

Is Chicago bankruptcy such an awful idea?
(DBN)

Michigan suit accuses two companies of giving negligent advice on Flint water
(DBN)

____________

Religion:

Gallup Diocese Clergy Abuse Settlement Approved
(DBN)

____________

Oil/Gas:

7 Stages Of Grief: Impact of Oil Downturn on Energy Attys
(DBN)

Wyoming Continuing to Tighten Its Belt
(DBN)

Oil ends lower after small U.S. drawdown; choppy ahead of Brexit vote
(DBN)

Company-wide Fridays off no longer affordable for some oil and gas firms
(DBN)

State Doesn’t Have $165 Million To Plug Abandoned Wells
(DBN)

Alberta Energy Regulator tries to stem tide of orphan wells
(DBN)

$52 Billion Worth of Oil Producers Gone From the Oil Market
(DBN)

OPEC Registers First Collective Deficit Since 1998
(DBN)

Saudi energy minister just declared the oil glut over: report World's 2nd-Biggest Sovereign Fund Sees Oil Glut Until Mid-2017
(DBN)

Saratoga Resources, Inc. Files Notice of Hearing on Approval of Adequacy of Disclosure Statement for Joint Chapter 11 Plan of Reorganization
(DBN)

Energy XXI Disclosure Statement Hearing Delayed as Opposition Grows
(DBN)

Giving Up on Oil Recovery, European Banks Head for Exit on Loans
(DBN)

____________

Fraud:

SEC Readies Case Against Merrill Lynch Over Notes That Lost 95%
(DBN)

____________

Retailing:

Bankruptcy Court Agrees To Let Sports Authority Out Of One Of Its Team Sponsorships
(DBN)

Sports Authority Dropped The Ball. Now It's Anyone's Game
(DBN)

Bon-Ton Stores Leaseback Agreement Falls Apart
(DBN)

____________

Healthcare:

Health Republic's Curious Liquidation: Part 2
(DBN)

The Largest Healthcare Fraud Takedown in U.S. History
(DBN)

____________

Education:

Some colleges appear too big to fail, report argues
(DBN)

Judge's ruling means termination proceedings can resume against Macon Charter Academy
(DBN)

For-profit college watchdog fighting to stay alive
(DBN)

____________

Credit Reporting:

NJ District Court Slams Consumer Attorney for FCRA Suit Filed without “Meaningful Review or Investigation”
(DBN)

____________

Exhibitions:

Premier Exhibitions Floats Sale of Titanic Items
(DBN)

____________

Tech:

$50M for lawyers makes GTAT bankruptcy one of the most expensive case in NH history
(DBN)

____________

Media:

How Gawker Could Have Avoided Financial Responsibility for the $140 Million Hulk Hogan Sex Tape Verdict
(DBN)

____________

Fraud:

SEC: Pro Athletes Duped Out Of Over $30 Million In 'Ponzi-Like' Scheme
(DBN)

____________

Gambling:

Judge Allows Caesars Unit to Advance Its Restructuring Plan
(DBN)

Caesars Creditors to Vote on Plan, But Confirmation Fight Awaits
(DBN)

____________

 


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 (16 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (23 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)

______________

TBTF:

What to Watch for in Fed’s Stress Tests of Big Banks
(DBN)

Fed Vice Chairman Defends Central Bank’s Handling of ‘Too-Big-to-Fail’
(DBN)

____________

Professional Employment:

In Chapter 11 Disclosure, No Firm Is Above the Rules
(DBN)

____________

Reopening:

Court's Conditions to Reopen Closed Bankruptcy Case OK
(DBN)

____________

Cross-Border:

Brazil's Oi Seeks Bankruptcy Protection in the U.S.
(DBN)

____________

Discharge:

Credit One Can't Compel Arbitration With Discharged Debtor
(DBN)

____________

Jurisdiction:

Wholesale Assignment of Causes of Action Does Not Establish “Related To” Jurisdiction in Delaware Bankruptcy Court
(DBN)

6th Cir.: Bankruptcy Courts Can Sanction as ‘U.S. Court'
(DBN)

____________

Chapter 12:

Continuing to Farm Is Not Prerequisite for Relief in Chapter 12
(DBN)

____________

Bankruptcy Remoteness:

Delaware Bankruptcy Court: provision granting creditor veto over debtor’s decision to file bankruptcy violates federal public policy
(DBN)

____________

Sales:

Chapter 11 Bankruptcy Sale: So Who Needs a Plan of Reorganization Anyway?
(DBN)

____________

Chapter 13:

Debtor may not modify default interest rate
(DBN)

____________

Mediation:

A “Mediation Order on Steroids” – The In re Syngenta Case
(DBN)

____________

Healthcare:

Justice Department Announces Biggest Medicare Fraud Crackdown
(DBN)

Billing errors, unpaid taxes signaled trouble for now bankrupt Pioneer Health Services
(DBN)

____________

Celebs:

'Dance Moms' star Abby Lee Miller to plead guilty to tax fraud, report says
(DBN)

Sonja Morgan News: Is ‘Real Housewives Of New York’ Star Broke?
(DBN)

____________

Hedge Funds:

The hedge fund at the heart of an insider trading case is now down double digits
(DBN)

Platinum Partners Said to Be Raided by FBI Amid Bribes Probe
(DBN)

____________

Alternative Energy:

SunEdison Appoints John S. Dubel Chief Executive Officer
(DBN)

SunEdison CEO Chatila Resigns From Bankrupt Renewables Giant
(DBN)

Competition clouds prospects for solar power
(DBN)

____________

UK:

Nearly half of Brexit supporters think the referendum is rigged
(DBN)

Americans are unaware, unconcerned about Brexit: Survey
(DBN)

Voting gets underway in the U.K.’s Brexit referendum
(DBN)

Brits couldn’t care less about all those “expert” opinions on the Brexit
(DBN)

Pension fund wants new insolvency experts to investigate BHS collapse
(DBN)

Pension Issues On Corporate and Personal Insolvency
(DBN)

Brexit Risks Losing Corporate Tax Break Worth Billions in U.K.
(DBN)

____________

EU:

EU wants bank failure to look the same from Germany to Malta
(DBN)

____________

PIIGS:

ECB Restoring Greek Banks’ Access to Cheap Funding ECB lends a helping hand to Greece
(DBN)

____________

Canada:

Canadian Oil Asset Deals Seen Hurt by Surprise Alberta Ruling
(DBN)

Alberta Energy Regulator releases interim measures in response to Redwater Decision
(DBN)

____________

India:

India’s New Bankruptcy Code: Will anyone risk their neck to give a haircut?
(DBN)

____________

Venezuela:

Venezuela President & Senior U.S. Official In Talks
(DBN)

____________

Iceland:

Iceland's Terms Look Like a Default to Many
(DBN)

____________

China:

China bankruptcies surge as government targets zombie enterprises
(DBN)

____________


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