June , 2016

The Daily Bankruptcy News

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3-Column Formating

 

Law:

U.S Legal Sector Adds 100 Jobs • Legal Industry Sees Slight Gain in Employment
(DBN)

Layoff Watch: Left Longing For A Paycheck After A Long Weekend
(DBN)

What’s Behind The New Am Law 200 Numbers?
(DBN)

More Details From The Dan Markel Murder Investigation, Plus A Closer Look At The Adelson Family
(DBN)

Dewey & LeBoeuf Case Inspires Musical Parody for CLE Credit
(DBN)

Law Firm Finances: How To Take The Sting Out Of Collections
(DBN)

Corroding Pipelines Prevent Partnership For Many Minority Lawyers
(DBN)

California Assembly passes bill requiring state bar to relinquish control of its board to nonlawyers
(DBN)

The Fortune of Misfortune: How Elena Ramirez Enriched Her Practice During Bankruptcy and Downsizing
(DBN)

Advice For Snagging An Offer
(DBN)

The Hot New Rich Person Accessory Is Two NYC Apartments For Different Days Of The Week
(DBN)

Solicitor General Don Verrilli’s Surprising Credit Card Debt • Will Donald Verrilli End Up Heading to This Big Law Firm?
(DBN)

Business Casual Can Be Complex, Especially for Women • JP Morgan just relaxed its office dress code in a huge way • The real reason why you should care about what you wear to the office
(DBN)

Diner Owner with 'Dictator Obama' Omelet Guilty of Welfare Fraud
(DBN)

Ken Starr Fails Deposition 101 • Oops: Mr. Starr Didn't Mean to Admit That
(DBN)

Man hurt by SWAT team as he tried to cash check can seek new $3.3M award from Bank of America
(DBN)

Appeals court rejects bid to throw out fraud indictment against Texas AG
(DBN)

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Judges:

Five Things to Know About Donald Trump’s Criticism of Judge Gonzalo Curiel • Why Trump is So Angry at Judge Curiel
(DBN) • Legal Experts Alarmed by Trump's Assaults • Donald Trump Continues To Spew Vitriol About ‘Hater’ Judge • Trump Doesn't Trust a Muslim Judge to Give Him a Fair Ruling Either • Trump's Attack on Judge Gonzalo Curiel and the Lessons of the 1998 Court Case 'Macdraw Inc.' • Alberto R. Gonzales: Trump has a right to ask if Judge Gonzalo Curiel is fair • Top Republicans rip Trump’s comments on Latino judge • Trump and the Rule of Law • For Trump, No Such Thing as an Unbiased Judge

Toledo: $104M secured for upgrades to federal courthouse
(DBN)

U.S. escalates ethics battle with judge in immigration case
(DBN)

Trump Should Learn From His Sister, Says Former Federal Judge
(DBN)

This Federal Judge Is As Obsessed With Game Of Thrones As The Rest Of Us
(DBN)

Retirement ends 54-year career of longest-serving US court clerk
(DBN)

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Wall Street:

US stock futures higher, global shares mixed
(DBN)

Stocks close slightly lower after jobs miss
(DBN)

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Layoffs:

Arch laying off workers at North Fork's last coal mine
(DBN)

Mining Down 10,000 Jobs
(DBN)

Kinder Morgan cuts more than 100 jobs
(DBN)

Smart Bike Maker Vanhawks Runs Out of Money, Lays Off Entire Staff
(DBN)

Ocwen lays off 120 employees as cost-cutting continues • Ocwen stock soars on layoff report
(DBN)

UMass Boston warns almost 400 lecturers: Layoffs are looming
(DBN)

Robots Taking White Collar Jobs Too
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Gambling:

Ahead of Caesars hearing, warring creditors agree to bury proposed reorg plan, not to praise it
(DBN)

Atlantic City's Showboat is reopening — but without casino
(DBN)

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Education:

NY AG: We're Going to Get Money Back from Trump U
(DBN)

Trump University Is Example of Big Business, Political Culture of Fraud and Scams
(DBN)

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Alternative Energy:

How SunEdison's Bankruptcy Impacts TerraForm Power and TerraForm Global • It Could Take Years for TerraForm Power and TerraForm Global Bets to Pay Off • Bondholders to TerraForm Power and TerraForm Global: You're in Default
(DBN)

SunEdison: Go-Time For Shareholders
(DBN)

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Fraud:

Petters lawsuits poised to move forward
(DBN)

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Religion:

Judge Says Constitution May Protect Bankrupt Archdiocese
(DBN)

To understand Pa. battle over clergy abuse victims law, look to Delaware
(DBN)

Pope: New Law to Deal with Abuse Priests • With new policy on bishop cover-ups, Pope Francis quietly ends plan for separate tribunal
(DBN)

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Retailing:

Auction set for Sports Authority leases
(DBN)

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Fraud:

Intrigue, offshore connections to Sacramento in 'Panama Papers' leak
(DBN)

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Tech:

ownCloud Folds in U.S. as Its Founder Starts New Firm
(DBN)

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Celebs:

50 Cent's Gold Bentley Makes an Appearance in Brooklyn
(DBN)

Dance Moms Spoilers: Abby Lee Miller Asking Delay in Judge for $5M Fraud Case
(DBN)

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Environmental:

Montana seeking money for Gold King Mine cleanup
(DBN)

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Autos:

UCI Granted Approval of Key Motions in First Step of Plan to Restructure Debt
(DBN)

Auto Leasing Rates Reach Record High
(DBN)

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Distressed Investing:

Rebound in distressed debt boosts investors
(DBN)

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Corporate Reform:

Are Richard Cordray's days as CFPB director numbered?
(DBN)

Hensarling Said to Target Volcker Rule in Bid to Undo Dodd-Frank
(DBN)

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Economy:

Weak U.S. Jobs Report Kills Hopes for June Fed Rate Hike • Economists React to the May Jobs Report: ‘An Unqualified Dud’ • The May Jobs Report in 12 Charts • Just 38,000 New Jobs Created • Goldman Sachs: Jobs number is an outlier • Where Did the Jobs Go? • Poor May jobs report sows fresh doubt about economy • The US may have actually lost jobs in May, economist says
(DBN)

Eyes on Yellen for rate-hike signals after payroll data shocks • Weak Hiring Pushes Back Fed's Plans • If the Economy Is Sinking, Policy Makers Are Far From Prepared • What the Fed Should Do Next • Fed's Rosengren still expects an interest rake hike, despite weak jobs report
(DBN)

More than one-in-three chance of a recession, J.P. Morgan says
(DBN)

Private jobs up 173000, report says
(DBN)

Growth slows at US services firms • Slowest pace since February 2014
(DBN)

Record 94,708,000 Americans Not in Labor Force
(DBN)

Where Wages Are Worth the Most and Least
(DBN)

States Adding and Losing the Most Jobs
(DBN)

FactCheck: Obama Oversells the Economy
(DBN)

Yes, a Six-Figure Income Means You're Affluent
(DBN)

The Land Below Zero: Where Negative Interest Rates Are Normal
(DBN)

US Debt Clock
(DBN

World Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

U.S. Mortgage Rates Continue to Uptick in June
(DBN)

U.S. Houses Are Still Getting Bigger
(DBN)

11 Charts on How Homes Have Changed
(DBN)

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Municipalities:

Breaking Down Puerto Rico's $2 Billion in Debt Owed on July 1
(DBN)

Here's Your Guide To The Puerto Rico Debt Crisis
(DBN)

The chances of a legislative solution for Puerto Rico are growing slimmer
(DBN)

Pass plan to end crisis in Puerto Rico
(DBN)

Aloha, Puerto Rico
(DBN)

Proposed control board for Puerto Rico would cost $370M
(DBN)

A Soft Referendum in Puerto Rico
(DBN)

Even with cash from the state, bankruptcy is still a threat to Atlantic City
(DBN)

Atlantic City could lose 4 more casinos if NJ expands gambling
(DBN)

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Oil/Gas:

Weekly U.S. Oil Rig Count: A Lot Of New Rigs • Oil Rig Count Jumped by 9 Last Week, Hedge Funds Can't Decide Direction • U.S. Oil Rig Count Sees A Sizable Increase
(DBN)

Oil Slides on US Rig Count Rise, Economy Concerns
(DBN)

Some drillers set to boost spending as oil rises, Evercore says
(DBN)

Eagle Ford Halts Decline As Texas Oil Production Spikes
(DBN)

Mining, Oil And Gas Jobs In The U.S. Drop For 20th Month in a Row
(DBN)

US Crude Oil Exports Rose to Record 591,000 Bpd in April
(DBN)

Warren Resources Lawyers Lay Out Plans to Exit Bankruptcy Proceedings • Warren Resources Inc. files for Chapter 11 in Houston • Moody's downgrades Warren Resources' PDR to D-PD on bankruptcy filing
(DBN)

Oil price plasters over OPEC rifts, for now
(DBN)

Oil May Not Be Ready To Breach $50
(DBN)

Strategist optimistic oil prices will rebound to USD100 by 2017
(DBN)

8 Big Oil and Gas Analyst Upgrades and Downgrades Too Big to Ignore
(DBN)

Chaparral considers $100 million stock offering
(DBN)

Hercules Offshore files for bankruptcy for second time in a year • Hercules Offshore, Inc. Files Voluntary, Pre-Packaged Chapter 11 Case to Facilitate Orderly Asset Sales, Maximize Value for Stakeholders
(DBN)

Moody’s downgrades Halliburton and Baker Hughes
(DBN)

The end of the road for SeaEnergy
(DBN)

Have we learned anything from the failures of the ’70s?
(DBN)

Gheit: OPEC is Finished • Why OPEC’s Inaction Didn’t Harm Oil Markets
(DBN)

Russia Plans to Boost Oil Production 185K BPD
(DBN)

Colombian Oil Patch Needs $70 Billion To Survive
(DBN)

Husky asset sales point to uneven growth in energy mergers
(DBN)

UK: 32% of oil and gas firms 'planning more job cuts'
(DBN)

US oil , gas drillers forced to refocus on value
(DBN)

____________

Politics:

As Plaintiff And/Or Defendant, Trump Is Greatest • Trump's dubious business partners reflect poorly on critical skills he would need as president • Trump: Mexican-Americans Ain't Americans • New Poll: Clinton Over Trump by Double Digits • Just One Day Later Ryan Denounces Trump • Trump and the Fear of Evil in America • Trump Can't Win in Muhammad Ali's America
(DBN)

Elizabeth Warren trashes ‘proven failure’ Trump in blistering Massachusetts speech • Elizabeth Warren Slams Donald Trump's "Huge Conflicts of Interest"
(DBN)

President Obama Warns Democrats to Avoid Violence • Donald Trump Blasts Violent Protesters as ‘Thugs’ • Hillary Clinton Condemns Anti-Trump Violence but Says Trump Deserves Some Blame
(DBN)

Judge Orders More Clinton Emails Released • Clinton Even Closer to Clinching Nomination After Puerto Rico Win
(DBN)

Defiant Sanders signals he will fight on to Democratic convention
(DBN)

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Coal:

Serious concerns over the future of coal company Peabody Energy
(DBN)

U.S. environmental groups question Arch Coal's bankruptcy exit plan
(DBN)

Peabody Energy and Bowie Resource Holdings going to court over $358M mine sale that fell through
(DBN)

____________

Software:

Thinkstream Plan Confirmed • Bankruptcy court OKs Thinkstream liquidation plan, effectively ending case, trustee says
(DBN)

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Disruption:

Lessons From Kodak
(DBN)

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Shipping:

Danaos to finish charter talks with HMM by June
(DBN)

Korean shipbuilders speed up restructuring
(DBN)

HHI, Samsung Heavy Win Creditors ' Approval on Self-restructuring • Samsung Heavy Industries indicates group funding if business sours
(DBN)

Run aground, China shipbuilders nervously await the next high tide
(DBN)

____________

Agriculture:

Focus in Turner Grain Case Shifts to K.B.X.
(DBN)

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New Bankruptcy Opinions
(7 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (33 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (9 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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Discharge:

Supreme Court’s discharge exception ruling gives creditors more options
(DBN)

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Miscellaneous:

The Week Ahead
(DBN)

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Avoidance Actions:

Third Circuit Agrees, No Aggregation of Claims Among Creditors to Defeat Preference Minimum Thresholds
(DBN)

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Bankruptcy Remoteness:

Blocking Member Provision in LLC Agreement Designed to Prevent Bankruptcy Filing Unenforceable
(DBN)

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Recent Pleadings:

UST Questions Latham's Request For An Evergreen Retainer
(DBN)

UST Slams Non-Consensual Third-Party Releases IN Fairway Plan
(DBN)

______________

Pensions:

Congress Must Act To Save Central States Pension Fund
(DBN)

OECD: World Faces Pensions Crisis
(DBN)

Businesses Fight for Their Right to a Lousy Retirement Plan
(DBN)

____________

Healthcare:

Another New Beginnings Care nursing home closes
(DBN)

The Death Rate is Rising in America
(DBN)

____________

Student Debt:

Doral Company Ran Massive Student Loan Debt Scam, Feds Say
(DBN)

College Loan Glut Worries Policy Makers
(DBN)

Report Slams Accreditor as ‘Incapable’ of Assessing College Quality
(DBN)

____________

UK:

The slippery advisers who enabled the human tragedy at BHS will likely never be held to task - that's the real scandal
(DBN)

BHS sale: Sir Philip Green's strategy condemned for 'giving the keys to a five-year-old' • Former BHS owner sent abusive message to chief exec after chain collapsed
(DBN)

BHS creditors wiped and 1,000 jobs to go as Sir Philip Green gets £35m
(DBN)

Goldman Sachs exposed by leaked BHS email
(DBN)

BHS investors set to face grilling from MPs over £1 takeover
(DBN)

Change at UK retailer BHS is brutal but worth it
(DBN)

Runaway debt levels expose 14 million Brits to grave new financial risks
(DBN)

The debt that sank Fairline: Yacht builder collapsed owing creditors £6.2m
(DBN)

Tata pension consultation is step in right direction
(DBN)

____________

PIIGS:

Leaks Expose IMF Chief Overruling Pro-Debt Relief IMF Negotiator
(DBN)

With first review almost in the bag, gov't eyes next reforms
(DBN)

Spain Must Get Deficit Efforts on Track, Central Bank Says
(DBN)

____________

Canada:

Cassels law firm opens Calgary office as oil collapse cools market
(DBN)

Creditors winning lawsuit would be 'game over' for Deepak Int'l
(DBN)

Canadian Banks Not Over the Worst Impact from Oil Crunch
(DBN)

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Finland:

Finland's Talvivaara says may face bankruptcy
(DBN)

Finland Loses Last Top Credit Rating as Moody's Downgrades Debt
(DBN)

____________

India:

Arun Jaitley warns defaulters won't be allowed to 'sleep well',
(DBN)

India needs a framework to resolve cross-border bankruptcies
(DBN)

India eyes mechanism for "commercially prudent" settlement of bad loans
(DBN)

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Australia:

Court affirms importance of economic hourly rates when appointing insolvency practitioners
(DBN)

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China:

How China Fell Off the Miracle Path
(DBN)

Lew Says China's Overcapacity Skewing Markets; U.S. to Push Cuts
(DBN)

China’s Factory to the World Is in a Race to Survive
(DBN)

China's Debt Load Is (Much) Higher Than Previously Thought, Goldman Says
(DBN)

China’s Real Unemployment Rate Might Be 3 Times the Official Figure
(DBN)

____________

Brazil:

Brazil’s Distressed-Debt Market Predicted to Jump 9% This Year
(DBN)

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Estonia:

Claims worth EUR 120.9 mln filed against bankrupt Estonian Air
(DBN)

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Latvia:

Insolvency law is a racket, say foreign investors
(DBN)

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Switzerland:

Swiss Reject Plan to Pay Everyone $2,500 • Why Swiss voters said 'No' to a guaranteed basic income
(DBN)

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Nigeria:

Desperate for Funding, Nigeria Prepares to Face Bond Investors
(DBN)

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