June 27, 2016

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Everyone’s A Winner With These Salary Raises Firm Announces Summer Bonuses… Not Raises Profits Per Partner At Top-Ranked Law Firms That Have Not Raised Salaries For Associates Nothin’ Says Lovin’ Like $180K In Your Paycheck Angry Associates Ask ‘Where’s My Money? Jones Day Finally Raises; Help Us Open Up Its ‘Black Box’ Of Compensation Brexit: Law firms mull pay freezes in wake of Leave vote
(DBN)

These law firms got ‘gold honors’ for advancing women lawyers
(DBN)

Vigilant rental car company may have thwarted earlier attempt on law prof’s life Evidence points to earlier Markel murder attempt
(DBN)

ABA threatened with 1-year suspension of law school accreditation powers
(DBN)

Why The New York Times Should Correct Remaining Factual Errors in Its Law School Coverage Temperature Rises In Debate Over NY Times Coverage Of The Law School Crisis
(DBN)

For-profit law school with $39K total tuition bill set to close
(DBN)

F. Lee Bailey, OJ Simpson's attorney, files for bankruptcy Famed attorney F. Lee Bailey files for bankruptcy in Maine 'It's not over yet,' says famed defense lawyer F. Lee Bailey
(DBN)

Keith Porcaro talks about how tech can make it easier to deliver legal services
(DBN)

Law firms run 24-hour hotlines for client questions after Britain votes to leave European Union London Lawyers Try to Ease Brexit Fears, Wait for Windfall
(DBN)

Big Bank CEOs Respond To Brexit In Comfortingly Predictable Fashion
(DBN)

British Lawyers Might Not Get Their Raise: And Other Ways Brexit Shot British Law In The Dick
(DBN)

Bankruptcy law firm opens Delaware office
(DBN)

Biglaw Gender Diversity Across U.S. Markets
(DBN)

To Be Successful You Don’t Even Have To Practice Law
(DBN)

An NFL Rooney Rule for Law Firms?
(DBN)

Biglaw Gender Diversity Across U.S. Markets
(DBN)

A Litigation Funding Pitch for Law Firms: You'll Get Paid
(DBN)

Lawyers With Drones… What Could Possibly Go Wrong?
(DBN)

Will Brexit Benefit Lawyers Now, Hurt Them Later? A Crazy Beginning to an Otherwise Normal Day
(DBN)

Leave The Law Behind, Are You Ready?
(DBN)

Test Case: Designing Woman — Can I Personalize My Sad, Empty Office On A Budget?
(DBN)

Congrats: Lawyers Are The Healthiest Eaters Of All
(DBN)

8 tiny things people use to judge your personality
(DBN)

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Judges:

If confirmed, Merrick Garland might be the wealthiest Supreme Court justice
(DBN)

This Community Court Judge Pays a Price for Doing His Job
(DBN)

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Wall Street:

Wall Street looks set for another rocky trading session U.S. Stock Futures Signal More Losses After 2016 Gains Wiped Out
(DBN)

Dow Closes Down 600 Points Bank stocks pounded as Brexit shocks markets
(DBN)

Wall Street ‘fear gauge’ sees sharpest jump since Aug. 24 on Brexit
(DBN)

Brexit has wiped $2 trillion (and counting) off global stock markets
(DBN)

Sheriff of Wall Street: Yes, the System is Rigged
(DBN)

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Layoffs:

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Travel:

7 ways to prevent jet lag, according to flight attendants
(DBN)

21 of the most absurdly inconsiderate airline passengers to ever fly the friendly skies
(DBN)

Just walking through the first class cabin may make airplane passengers more prone to 'air rage'
(DBN)

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Coal:

Feeling coal ’s pain
(DBN)

Coal operators, union reach tentative contract deal
(DBN)

Anglo American closing in on Australian coal mines sale
(DBN)

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Gambling:

For NWI casinos, it's been 20 years and $20 billion
(DBN)

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Media:

Former wrestler Hulk Hogan to serve on Gawker creditor committee
(DBN)

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Food/Beverage:

Southern Season files for bankruptcy protection
(DBN)

Northern Beef bankruptcy proceedings near end
(DBN)

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Mass Torts:

Garlock Creditors to Weigh in on Asbestos Settlement
(DBN)

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Celebs:

50 Cent is arrested for swearing during Caribbean performance
(DBN)

F. Lee Bailey, Lawyer for O.J. Simpson, Files for Bankruptcy
(DBN)

'Dance Moms' star expected to plead guilty to bankruptcy fraud in federal court today
(DBN)

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Payroll Services:

Firm owner held for trial on charges he stole from clients
(DBN)

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Education:

College accreditor voted to shut down
(DBN)

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Criminal Fraud:

7 Indicted for Bankruptcy Fraud
(DBN)

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Shipping:

Viking Supply Ships appeals to bondholders and Nordic Trustee
(DBN)

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Economy:

Consumer sentiment down even before Brexit news
(DBN)

The War on Stupid People
(DBN)

Trump and Clinton Push Radically Different Cures for the Economy
(DBN)

U.S. Economy Looks Likely to Weather ‘Brexit’ Storm How Economic Officials in Washington Are Responding to ‘Brexit’ Obama’s Remarks on ‘Brexit’ and Globalization How hard will Brexit hit the US economy? An economist explains four more ways Brexit will decrease global stability How bad will Brexit get? Here's what top economists are saying. Brexit: what it means for the US economy Here’s why Brexit probably isn’t a ‘Lehman moment’ Brexit’s Impact on Global Economy Depends on Leaders Seven Lessons From the U.K.'s Departure
(DBN)

750k Californians past Age 65 are still working
(DBN)

Used Big Rig Truck Sales Tank
(DBN)

US Debt Clock
(DBN

World Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

10 years after housing peaked, US is more of a renter nation
(DBN)

How Housing’s New Players Spiraled Into Banks’ Old Mistakes
(DBN)

Countrywide Mortgage Devastation Lingers as Ex-Chief Moves On
(DBN)

Here’s the No.1 thing Americans sacrifice to pay for their home
(DBN)

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Municipalities:

Fitch Downgrades Puerto Rico's IDR and Related Ratings to 'C'; Maintains Rating Watch Negative
(DBN)

Puerto Rico stays firmly in the US pre-election headlines
(DBN)

Puerto Rico Governor suspends payments on infrastructure debt
(DBN)

Creditors Sue Puerto Rico Fearing Island Will Default on Debt
(DBN)

Lin-Manuel Miranda On Why Puerto Rico's Debt Crisis Is A ‘Life Or Death Issue’
(DBN)

Congress' Plan to Save Puerto Rico Could Ruin It Instead
(DBN)

Menendez pushes to amend Puerto Rico bill even as threat of default looms
(DBN)

Will taxpayers be on the hook for Puerto Rico's debt?
(DBN)

Who Pays for Police Misconduct in Bankrupt Cities?
(DBN)

Could CEOs be new fix for failing Michigan schools?
(DBN)

Engineering firm says Flint ignored its advice on water switch
(DBN)

____________

Oil/Gas:

US Oil Drillers Cut Rigs After 3 Weeks of Additions
(DBN)

Turmoil at one of the world's largest oil producers might drive up prices
(DBN)

Oil Prices Largely Steady in Wake of ‘Brexit’ Oil prices stabilize after Brexit vote, but refined products glut looms
(DBN)

Houston’s oil job growth ‘a little bit sobering’
(DBN)

The Oil Industry Needs To Change Its Strategy And Fast
(DBN)

Supply Risks Loom, Creating Potential for Higher Oil Prices
(DBN)

Dallas' Breitling Energy: $80 Million Fraud
(DBN)

Offshore Record Bad News for Oil Glut
(DBN)

Iran's Oil Boom Fizzles Out
(DBN)

Guide to Insolvency in the UK Oil and Gas Industry
(DBN)

____________

Politics:

Professor: Warren’s visit ‘will feed speculation’ as possible VP pick Elizabeth Warren joining Hillary Clinton in Cincinnati for their first joint campaign event
(DBN)

Trump's support plummets in new poll Trump Bankruptcy Math Doesn't Add Up Donald Trump is taking a nosedive in the polls The Re-Re-Re-Re-Reboot of Trump A GOP delegate is suing to avoid voting for Trump Has Donald Trump Found the Formula for Attacking Hillary Clinton? George Will to Leave Republican Party Over Donald Trump’s Impending Nomination Trump: Debt Will Affect America More Than Brexit In Need Of Help, Trump Finds Few Willing To Work For Him Fact Check: Donald Trump called pregnant employees "an inconvenience." Fact Check: "We don't know anything about Hillary in terms of religion." Delegate Poll: Trump Doesn't Have the Votes Delegate Sues To Avoid Voting for Trump Trump Embraces Executive Orders to Avoid Congressional Gridlock
(DBN)

America’s ‘Brexit’ Is Coming
(DBN)

Donald Trump targeted by Henry Paulson in op-ed endorsing Hillary Clinton
(DBN)

The Gaps in Hillary Clinton’s State Department Calendar Clinton's Warning About Accessible Emails
(DBN)

Bernie Sanders Says He Will Push for His Positions in Hillary Clinton’s Administration Can Sanders supporters form a sustainable movement? Why Bernie Sanders Plans to Vote for Hillary Clinton
(DBN)

Moving abroad if Trump or Clinton wins? Not so fast
(DBN)

Paul Ryan's Plan? Hide the Numbers
(DBN)

____________

Autos:

EU commissioner: Volkswagen should pay Europeans the same compensation as US drivers
(DBN)

____________

Retailing:

Sports Authority: No big bid for lots of stores; meeting soon on Broncos stadium name
(DBN)

Sports Authority gets more time to plan creditor payoffs
(DBN)

Dick's Sporting Goods bids on 17 Sports Authority stores -source
(DBN)

Retailers fear millennials and Gen Z
(DBN)

____________

Healthcare:

FL: Chapter 11 filing for long-shuttered hospital
(DBN)

Judge continues hearing in Stokes hospital dispute
(DBN)

____________

Banking:

U.S. Regional Banks Thumped by ‘Brexit’
(DBN)

U.S. banks' stress tests may offer comfort in Brexit tumult
(DBN)

Bank Shares Plummet Around the World, but Europe Fares Worst European bank stocks set for worst two-day loss ever in post-Brexit fallout Shares in RBS and Barclays were briefly halted after huge losses
(DBN)

Banks begin moving some operations out of Britain
(DBN)

____________

Hotels:

John Q Hammons Hotels File for Bankruptcy Protection John Q. Hammons Hotels files for bankruptcy First Day Dec
(DBN)

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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 (101 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (7 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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Bankruptcy Statistics:

Single-Asset Real Estate Filings Inched Up in Q1 2016
(DBN)

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Cross-Border:

Anguilla Private Bank Struggles for Answers on Funds
(DBN)

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Miscellaneous:

The Week Ahead
(DBN)

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Avoidance Actions:

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

____________

Privilege:

ICYMI . . .The Transactional Common Interest Privilege in New York–Common, But Not So Privileged
(DBN)

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Professional Compensation:

Penrod Giveth and Bos Taketh Away
(DBN)

____________

Discharge:

New Putative FCRA Class Action May Signal a Trend
(DBN)

____________

Gambling:

Los Angeles group buys Bossier City casino after bankruptcy
(DBN)

Investor looking to freeze out fellow billionaire in Caesars fight
(DBN)

____________

Personal Finance:

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

____________

Sovereigns:

Could debt forgiveness be the interim solution?
(DBN)

Mozambique Yields at Record as IMF Warns of Debt Distress Risk
(DBN)

____________

UK:

Brexit’s Article 50: How 250 words could chart Britain’s future U.K.’s sovereign credit rating outlook lowered to ‘negative’ at Moody’s Brexit Longer-Term Economic Waves Could Take Years to Play Out The European Parliament wants Britain to exit as soon as possible Why Brexit could take 10 years, and what investors should do More than 3 million people have now signed a petition for a second EU vote Brexit: Could there be a do-over referendum? What a Failure to Predict Brexit Means for the U.S. Could Britain Break Up? Brexit: What Happens Next? Why Britain Left George Soros: Brexit will lead to the 'disintegration of the EU' How Will the U.K. Leave the European Union Legally and Logistically? In victory for Brexit, a defiant protest against globalization Brexit Fallout Roils U.K. Labour Party Investors Facing Bleak Outlook and Anxious Markets as Brexit Standoff Begins This Is How Brexit Could Be Good For the World 7 Things That Will Make You Feel Much Better About Brexit The U.K.’s Old Decided for the Young in the Brexit Vote Brexit Has British Expats Worried—and Very Angry Who Voted for the Brexit? Why Brexit Is So Bad for the Global Economy Brexit blindsided markets, but now there's opportunity, Mohamed El-Erian says Brit's reaction to Brexit vote: ‘Oh, jolly good. Well done us’ The Britons who voted to divorce from the EU confused a boring marriage with a bad one Brexit was a rejection of Britain's governing elite. Too bad the elites were right. Brexit is terrifying — and no, not because of the economics Brexit is a middle finger from the baby boomers to young people Brexit: What Happens Next Week, Next Month? Boris Johnson’s first big statement on Brexit is made of half-truths, magical thinking, and outright lies
(DBN)

What's the British Equivalent of 'Moving to Canada'?
(DBN)

Ten-year UK government bond yields fall below 1% for first time
(DBN)

____________

EU:

Business in Europe Is Cast Into Uncertainty
(DBN)

U.K. Vote Sets Off Shockwaves Across Europe
(DBN)

'The euro is gone within three to five years,' one expert says
(DBN)

Brexit will hurt the UK. But it could save the European Union.
(DBN)

The case that Brexit is — and isn’t — the end of the European project
(DBN)

Alan Greenspan says Brexit is the ‘tip of the iceberg’ for Europe
(DBN)

Europe After Britain
(DBN)

____________

PIIGS:

Italy may be the next domino to fall
(DBN)

Varoufakis: Many Would Vote Against EU if Given Chance
(DBN)

____________

Canada:

“Alberta, Alberta: What Is a Secured Lender/Noteholder To Do with Canadian O&G Collateral?”
(DBN)

____________

India:

The toxic loan problem in Indian banks may have peaked
(DBN)

____________

Nigeria:

Lagos is Nigeria's richest state as 15 others set to go bankrupt
(DBN)

____________

Australia:

Dick Smith disaster should spark insolvency fix
(DBN)

____________

India:

SFIO seeks loan details from banks to Vijay Mallya-owned defunct Kingfisher Airlines
(DBN)

____________

Austria:

Austria Loses Third AAA Badge as Moody’s Bemoans Weak Growth
(DBN)

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