March 16, 2016

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Proof That Law Firms Don’t Really Care About Associate Development
(DBN)

Now that it’s an awful time to be a new lawyer, law schools need to prove their worth
(DBN)

The OFFICIAL 2017 U.S. News Law School Rankings Are Here!
(DBN)

Catching Up With Cadwalader: Partner Profits, Associate Bonuses, Lawyer Departures, And More
(DBN)

The ABA Intends To Hold Law Schools Accountable
(DBN)

Study Finds Growing Debt-Related Stress Among Law Students
(DBN)

Jacksonville: DOJ: Attorney/Trustee embezzled from bankruptcy estate Atlantic Beach attorney pleads guilty to embezzling funds as trustee during bankruptcy case
(DBN)

Beyond Biglaw: Chutes And Ladders
(DBN)

Harvard Law School finally removed the seal of a 'brutal slaveholder,' but not everyone agrees with the decision
(DBN)

ABA Council recommends 75% bar passage rate, paid externships
(DBN)

Technology In Trial (Part 1): How To Excel With Excel
(DBN)

Top U.S. Firms in London Match U.K. Peers in Revenues, Profits
(DBN)

Prosecutor Caught With His Pants Down
(DBN)

‘Pics Or It Didn’t Happen’ Gets Its Day In Court
(DBN)

The primary race you didn't hear about: Voters just ran a top Chicago-area prosecutor out of office
(DBN)

What happens to your brain when you check your phone all the time
(DBN)

Bill Will Stop Marriage Licenses in Alabama
(DBN)

When A Legal TV Show Spawns One Of Its Own
(DBN)

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Judges:

Report: Obama could announce Supreme Court pick today and he’s choosing between these 2 judges
(DBN)

Justice Department Warns Against Jail for Delinquent Court Fines
(DBN)

Guess Who’s Got A Birthday Today?
(DBN)

Another Pennsylvania judge has fallen victim to the 'P---gate' scandal
(DBN)

2015 Reports on Federal Courts Caseload and AO Activities Released In Federal Courts, Fewer Lawsuits But a Longer Wait
(DBN)

Judicial Conference Addresses Judgeship Needs Issues
(DBN)

Judicial Conference Says “No” to Expanding Cameras Pilot Program
(DBN)

The People Who Shape The Future (And Past) Of The Supreme Court
(DBN)

SCOTUS for law students: Lessons from history for rulings after Justice Scalia’s death
(DBN)

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Wall Street:

U.S. stock futures inch higher
(DBN)

US stocks edge lower as drug companies stumble
(DBN)

Jefferies Reports Loss on Trading Slump as CEO `Humbled'
(DBN)

We've never seen Wall Street turn on a stock this violently before
(DBN)

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Layoffs:

U.S. Oil Companies Cut 100,000 Jobs to Survive Slump
(DBN)

?State Street to lay off hundreds of high-level employees
(DBN)

Royal Bank of Scotland is axing jobs at its investment bank
(DBN)

New Figures Show Mississippi Has Nation's Worst Jobless Rate
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Politics:

Donald Trump and Hillary Clinton dominate 'Super-Duper' Tuesday Kasich vanquishes Trump in Ohio primary It's Now Trump vs. Cruz for GOP Nomination
(DBN)

Donald Trump scoops up all of the delegates from the Northern Mariana Islands How Donald Trump Treats the Little People
(DBN)

Donald Trump’s rise has one key Asian ally very worried
(DBN)

Rubio's Top Finance Guy is the "Vulture" Who Soaked Argentina Marco Rubio drops out after Donald Trump crushes him in Florida How Rubio’s campaign failed Donald Trump tweets 11-second Marco Rubio clip to bury him on the way out
(DBN)

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Hollywood:

Relativity Media Reveals New Film Schedule
(DBN)

Without Kevin Spacey or New Equity, Relativity Now Must Face Judgment Day
(DBN)

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Coal:

Peabody flags bankruptcy risk after missing payment Peabody Energy Raises ‘Going Concern’ Doubts in Filing
(DBN)

Foresight shares tumbled after bankruptcy warning
(DBN)

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Retailing:

How Sports Authority went bankrupt—and who could be next to fall
(DBN)

How JCPenney CEO Ellison Plans to Turn Company Around
(DBN)

Here's How Dick's Plans to Capitalize on Sports Authority's Bankruptcy
(DBN)

American Apparel has a strategy that could save its business
(DBN)

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Student Debt:

Education Department Reviews Improving Debt Relief Process
(DBN)

CFPB Examines Problems in Student Loan Collections, Servicing
(DBN)

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Bike-Sharing:

Seattle Buys Insolvent Pronto Bike-Sharing Program
(DBN)

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Fraud:

Ex-Kit Digital CFO Pleads Guilty to Fraud, Faces Prison Time
(DBN)

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Currency:

Mizuho to face US lawsuit over Mt Gox bitcoin losses: ruling Mt. Gox Bitcoin Bank Case To Be Heard In US Court
(DBN)

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Awards:

Bankruptcy attorney to receive lifetime achievement award
(DBN)

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Newspapers:

Feds warn of anti-trust issues in newspaper auction
(DBN)

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Autos:

CalPERS and other big investors sue VW for $3.57 billion
(DBN)

Ritholtz: Subprime auto loans very different than subprime mortgages
(DBN)

GM Asks Circuit to Uphold Shield Against More Lawsuits
(DBN)

U.S. appeals court weighs extent of GM's bankruptcy protection
(DBN)

US Law Firm Wants Meeting with VW
(DBN)

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Economy:

CEOs think the economy is below its potential: Study
(DBN)

Goldman: US rates hikes are on the agenda
(DBN)

Fed 'Fiddling' While the Economy Burns: Stephen Roach
(DBN)

How Americans’ Perceptions of the Economy Have Changed in Just Three Months
(DBN)

CEOs Plan Less Hiring and See Growth Slowing in 2016
(DBN)

5 Things to Watch at the Fed Meeting
(DBN)

Manufacturing in New York finally expanded in March
(DBN)

Producer prices fall in-line with expectations
(DBN)

Low gas prices drag down US retail sales in February Retail Sales decreased 0.1% in February Weak US retail sales highlight risks to economic outlook
(DBN)

3 surprising reasons 20-somethings are failing at work
(DBN)

A Less Costly Stimulus for Battling Recession
(DBN)

US Debt Clock
(DBN

World Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

First-Time House Hunters Lose Out in Busy U.S. Homebuying Season
(DBN)

W.J. Bradley Mortgage Capital permanently closes down
(DBN)

The 11 best US cities for young people to buy a home
(DBN)

Homebuilder sentiment holds steady in March NAHB: Builder Confidence unchanged at 58 in March Homebuilder confidence holds at nine-month low
(DBN)

New Jersey's most expensive home just got a makeover and is back on the market for $48.8 million
(DBN)

Loan loss on St. Louis Outlet mall was total
(DBN)

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Municipalities:

Stage Set for Puerto Rico Debt Case at High Court
(DBN)

`Hamilton' Star Joins Democrats Seeking Help for Puerto Rico
(DBN)

PR Debt Readjustment Bill Introduced In Senate
(DBN)

State takeover of Atlantic City moves forward South Jersey Sees Few Alternatives as AC Takeover, Casino Expansion Bills Pass
(DBN)

Christie says no to any changes to Atlantic City takeover bill
(DBN)

After leading the city through bankruptcy , Jones Day grows its Detroit office
(DBN)

The Next Muni Trainwreck
(DBN)

The 6 states with the highest tax rates
(DBN)

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Oil/Gas:

Ruling on Pipeline Agreements in Sabine Chapter 11 Case Indicates Battles That Lie Ahead in Energy Company Bankruptcy Cases
(DBN)

Bankruptcy Court Cases Creating New Risks for MLPs
(DBN)

More Broken Contracts in the Pipeline?
(DBN)

Why Oil Firms' Borrowing Costs Are Soaring
(DBN)

Wed.: Crude turns higher after upbeat read on stockpiles
(DBN)

Iran will freeze its oil output once it reaches 4 million barrels per day Oil producers to meet in April to hash out production deal
(DBN)

Private equity emerges as lender of last resort for U.S. energy firms
(DBN)

Tues. PM: Oil down 3 percent on technical pressure, US stockpile worry Oil Falls As Short Covering Seems To Have Run Its Course
(DBN)

Oil's Global Supply Glut Is Creating Oil's Next Supply Shock
(DBN)

Time To Put The Oil Production Freeze Hoax Narrative Behind Us - Speculators Slash Net Long Positions
(DBN)

Oil Companies Capex Down More Than 50% for 2016
(DBN)

Is Fracking Industry Too Wounded to Respond as Oil Prices Bottom Out? Many Shale Companies Are Unable to Ramp Up Oil Output
(DBN)

Linn Energy says bankruptcy may be 'unavoidable' Linn Energy says Chapter 11 looming Linn Energy Skips Interest Payment, Warns of Chapter 11 Linn Energy Shutting in 1000 Wells, Eyeing Potential Bankruptcy
(DBN)

Linn Energy creditors at risk of collateral damage Linn Energy's creditors in trouble for unsecured bond swaps
(DBN)

Energy XXI delays interest payment on unit Energy XXI says it will defer two interest payments
(DBN)

Quantum Announces Event of Default Under Bridge Bank Credit Facility and Resulting Cross-Default under Senior Secured Convertible Notes
(DBN)

Chesapeake Isn't Going Bankrupt
(DBN)

Kentucky’s ‘At The Well’ Rule for Determining Royalties Owed Under an Oil and Gas Lease
(DBN)

Lightstream Resources, Oil Firm That Cut A Deal With Apollo Braces For New Debt Squeeze
(DBN)

Lightstream Weighs Bond Deal as Credit-Line Cut Looms
(DBN)

The Problem With This Oil Rally
(DBN)

What the World's Leading Energy Sector Insiders Fear Most
(DBN)

This is what Texas oil industry carnage looks like in black and white
(DBN)

Pressures Build in Oil-Shipping Business
(DBN)

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Personal Finance:

23 things worth paying extra for
(DBN)

5 ways I save money without even realizing
(DBN)

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Food/Beverage:

Chipotle says sales recovering, but down 26 percent in Feb.
(DBN)

5 Strange Things We Learned About Sudden Closures Of Old Country And HomeTown Buffets
(DBN)

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Pensions:

The world is facing a pension disaster
(DBN)

____________

Religion:

A s-- abuse scandal is rocking the Catholic Church in France
(DBN)

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Gambling:

Caesars Entertainment Could Face Up To $5.1B In Damages, Bankruptcy Examiner Says Bankruptcy Examiner Finds Plausible Claims Against Caesars Caesars could face $5 billion hit from unit's bankruptcy: examiner
(DBN)

The Report
(DBN)

Richard Davis, star negotiator, wraps up year probing Caesars
(DBN)

____________

Mining:

Molycorp bankruptcy gets messy
(DBN)

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Debt Collection:

Second Circuit Approves Debtor’s FDCPA Lawsuit After Receiving Bankruptcy Discharge
(DBN)

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Corporate Reform:

Congressman Rolls Out New Plan to Revamp Dodd-Frank
(DBN)

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New Bankruptcy Opinions
(4 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (22 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (242 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)

______________

ADR:

In Praise of ADR and More Litigation Control
(DBN)

Slashing Reorganization Costs by Early Mediation: Helena Diocese Shows the Way
(DBN)

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Ch. 13:

Secured Creditors Beware: Ninth Circuit Holds a Chapter 13 Debtor may Avoid Liens Even if not Entitled to a Discharge
(DBN)

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Cross-Border:

Brexit: Implications for cross-border insolvencies and restructurings
(DBN)

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Class Actions:

Get to the Head of the Class Promptly: Class Representatives Must be Diligent when Defendants File for Bankruptcy
(DBN)

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Exemptions:

The Intersection of Bankruptcy and Health Savings Accounts: Are HSA Accounts Exempt From Bankruptcy Estate?
(DBN)

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Bankruptcy Forms:

BK SD NY: Pending Changes in Bankruptcy Forms Effective April 2016
(DBN)

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Miscellaneous:

2016 March Madness: Weil Bankruptcy Blog’s Elite Eight
(DBN)

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TBTF:

U.S. bank insurer approves surcharge for larger institutions
(DBN)

Why Break Up the Banks? A Smart Man Explains
(DBN)

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Corporate Governance:

Directors And Officers’ Ultimate Escape From Personal Liability
(DBN)

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Pharma:

Valeant Plunges Most Ever on Forecast Cut, Warning Over Debt Valeant struggling to stay ahead of creditors given ongoing filing delay Why Investors Are Dumping the Stock Valeant Suffers Biggest Drop on Record, What's Next? Bill Ackman Loses About $1 Billion on Valeant Worst-Ever Drop Valeant Stock Still Too Expensive Even After Shares Crash 40% Valeant Slashes Guidance, Warns of Possible Default; Shares Cut in Half Valeant Shatters Creditor Calm as Debt Casts Bigger Shadow
(DBN)

____________

Celebs:

Kevin Spacey Won’t Be Relativity Chairman
(DBN)

Bill Cosby seeks to use homeowners’ umbrella policy to pay legal bills
(DBN)

____________

Healthcare:

Bankruptcy Risk Still Looms After MannKind Earnings
(DBN)

The Surprisingly High Cost of Beating Cancer
(DBN)

Shuttered East Bay hospital could become boutique hotel
(DBN)

____________

Tech:

Ybrant Unit Files for Bankruptcy Over Price on Lycos Deal
(DBN)

____________

Sovereigns:

Sovereign Default in the US
(DBN)

Argentina Forced Into 30 Year-Debt to Pay Vulture Funds
(DBN)

Argentina lawmakers edge towards defaulted debt settlement
(DBN)

Argentine arbiter in debt talks shoots back at bondholder claims
(DBN)

Lower House debates holdouts bill Holdouts bill: Lower House marathonic session continues with rough debates Kicillof criticizes agreement with holdouts Argentines Tell Lawmakers Not to Hand Country to Vulture Funds
(DBN)

Argentina debt deal seen gliding toward congressional approval
(DBN)

Argentina and the Vultures: the Political Economy of the Settlement
(DBN)

____________

UK:

ICAEW takes on insolvency solicitors ICAEW set to regulate solicitors acting as insolvency practitioners
(DBN)

One Click Bankruptcy
(DBN)

New blow for Rangers creditors as legal claim on £18m oldco liquidation pot is put on hold
(DBN)

____________

PIIGS:

Ireland’s NAMA Seeks Bids for Loans Once Worth $5.2 Billion
(DBN)

A new proposed, comprehensive reform of Italian insolvency proceedings: continuity and innovation
(DBN)

Abengoa Said to Step Up Efforts for Debt Restructure Support
(DBN)

Athens proposes bank charge again
(DBN)

____________

Canada:

CHCH bankruptcy : Channel Zero and its web of companies trigger federal investigation
(DBN)

Target Canada fallout continues as court lifts ban on co-tenancy rights
(DBN)

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South Korea:

SMEs can be subject to corporate workout
(DBN)Student Debt:

____________

China:

China Traders Hold Noses at Plan to Repackage Bad Loans as Bonds
(DBN)

China Needs Caution as It Mulls Debt-Equity Swaps, CBRC Says
(DBN)

China may swap 'zombie' companies for 'zombie' banks
(DBN)

Bounty Hunter Tracks Chinese Companies That Dupe Investors
(DBN)

China Premier Li: will try to avoid mass layoffs in restructuring
(DBN)

____________

Russia:

Russia Arrest Said to Be Linked to Deutsche Bank Trading Probe
(DBN)

____________

MENA:

Saudi Arabia's banks are pointing to more bad news for the country's economy
(DBN)

____________

Estonia:

147 companies went bankrupt in Estonia in 2015
(DBN)

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