March 18, 2016

The Daily Bankruptcy News

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Law:

Why Organic Growth Is Not Enough for Big Law
(DBN)

Why This Lawyer Left a $1.9M PPP Law Firm to Join Dentons
(DBN)

Full-time female lawyers earn 77 percent of male lawyer pay
(DBN)

Smart Kids Stay Away From Law School, Girls Take Over
(DBN)

Embracing nontraditional ways to bill and budget can be profitable
(DBN)

Expert systems turn legal expertise into digitized decision-making
(DBN)

K&L Gates and ‘The Shark Tank of Law Firms’
(DBN)

A Record Year for Mintz Levin
(DBN)

When will lawyers rise (like elevators) to the occasion?
(DBN)

4 Leading Litigators Leave Cadwalader For Greenberg Traurig
(DBN)

Reinventing The Law Business: What Courses To Take In Law School To Get A Job And Build A Career
(DBN)

ATL March Madness: Best Law School Scandal
(DBN)

What You Can Do While You’re A Lawyer (Part 2): Small Businessperson
(DBN)

U.S. News Law School Rankings: Few Shifts at the Top, Plenty Below
(DBN)

Law Schools with High Dropout Rates Could Face ABA Wrath
(DBN)

Will More Law Firms Retreat From China?
(DBN)

14 apps every modern gentleman should have on his phone
(DBN)

7 surprising things your physical appearance says about you
(DBN)

Workaholics have this one dangerous health risk in common
(DBN)

11 signs your job is making you miserable
(DBN)

How do you automate a law practice? Here are some practical tips
(DBN)

Body in garden? Renting a grow house? Lawyer advises on ‘dark underbelly’ of sharing economy
(DBN)

Misadventures In Attorney Advertising: We’ll Do The S--- Work
(DBN)

Jenner & Block Atty's Affair Bars Advisers From Caesars Case
(DBN)

Mass murderer calls microwaved prison meals ‘worse than waterboarding’
(DBN)

Case cracked: Neighbor accused of egging senior’s home over 100 times faces felony vandalism charge
(DBN)

On ‘Better Call Saul,’ A Man Got To Have A Code
(DBN)

Kerry: ISIS Has Committed Genocide
(DBN)

Unanimous US Senate OKs contempt resolution against Backpage, the first in 20 years
(DBN)

Rancher Cliven Bundy Denied Bail
(DBN)

Texas Official Reportedly Used Taxpayer Money To Get 'Jesus Shot'
(DBN)

Hearing canceled for lawyer charged in ‘bizarre’ attempt-murder case
(DBN)

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Judges:

This is Supreme Court pick Merrick Garland's most famous vote
(DBN)

A Full Run-Down On Reactions to Obama SCOTUS Nominee Garland
(DBN)

Supreme Court nominee sold his comics to pay for law school
(DBN)

The Biglaw Roots Of Your Next(?) Supreme Court Justice, Merrick Garland
(DBN)

Supreme Court Nominee Merrick Garland Will No Longer Hear Cases in March
(DBN)

GOP Leaders Shut Down SCOTUS Talk
(DBN)

The Garland Nomination: The Unstoppable Force Meets The Unmovable Object
(DBN)

I Clerked for Merrick Garland. Here's Why He Should Be Confirmed
(DBN)

Merrick Garland 'Has Not Rested for a Day in His Life'
(DBN)

Inside Merrick Garland's Financial Disclosure Reports
(DBN)

Every Supreme Court justice went to Harvard or Yale Law School — here's where they went for undergrad
(DBN)

Senate: Some in GOP Open to SCOTUS Pick Hatch May be Open to Lame Duck Confirmation Schumer: Lame Duck Confirmation Undercuts GOP's Whole Argument!
(DBN)

Federal Judge Retires Amid R--- Allegations He says retirement is due to disability
(DBN)

Judge Who Once Worked As S------- Found Dead In Home
(DBN)

The Judge Roberts Allegations — Perspectives Of A Roberts Clerk
(DBN)

Federal judge testifies at trial of man accused of trying to kill him
(DBN)

Lawyers who pointed out judge’s ex parte courtroom chat say fee for recordings just shot up
(DBN)

Suit claims Judge Judy’s ‘astronomical’ pay wiped out profits due company
(DBN)

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Wall Street:

Dow futures rise as blue chips aim for sixth gain in a row
(DBN)

Stocks Close Stronger as Dow Moves Into Positive Territory for 2016
(DBN)

Market's message to the Fed: We don't believe you
(DBN)

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Layoffs:

A lot of people who make over $350,000 are about to get replaced by software The Robots Are Coming for Wall Street
(DBN)

Trinity Tank Car to lay off about 850 workers in Longview area
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Autos:

US Appeals Court Considers GM Bankruptcy Protection Rulings
(DBN)

VW Said in Talks With U.S. Over Two Funds to Pay for Pollution
(DBN)

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Politics:

Harry Reid torches 'cowardly' GOP over Donald Trump
(DBN)

Opening The Books On Donald Trump's Business Deals In Atlantic City Donald Trump is a warning about the state of capitalism: 'The blunt fact is that it is breaking down' Stephen Colbert says this last-ditch effort to get rid of Trump could be 'the death of the GOP' The Kremlin is furious about Donald Trump's latest campaign ad This could be a big Trump flaw in general election Trump Fact Check: Under the Iran nuclear deal, "we give them $150 billion, we get nothing." Anonymous Released Private Info on Trump
(DBN)

This candidate's supporters have the worst credit score
(DBN)

Marco Rubio Will Probably Endorse the Man He Called a 'Liar' Mere Weeks Ago
(DBN)

Cruz's Wacky, Extreme Foreign Policy Team
(DBN)

The Grim Reality of American Politics
(DBN)

These are the Supreme Court cases Republicans are terrified Merrick Garland will help decide
(DBN)

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Student Debt:

A billion-dollar company is trying a new perk to attract millennials: Paying employees' student loan debt
(DBN)

Bankruptcy Lawyer on Reddit's AMA Says 'Student Loans Are Killing Millenials'
(DBN)

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Shipping:

Eagle Bulk anticipates bigger operating loss for 2015
(DBN)

Mercator's creditors take action to sell bulker
(DBN)

Creditors eye self-rescue plan for ailing Hyundai Merchant
(DBN)

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Hedge Funds:

Pershing Square May Be Cut to Cusp of Junk by S&P on Valeant
(DBN)

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Trucking:

Premium Transportation port trucking firm files bankruptcy
(DBN)

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Satellites:

Intelsat Creditors Said to Discuss Debt Swap, Cash Injection
(DBN)

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Economy:

Tough Road for Great Recession's Victims
(DBN)

About That U.S. Manufacturing Renaissance ...
(DBN)

US current account trade deficit hits $484.1 billion in 2015
(DBN)

Philly Fed Manufacturing Survey, March Index Unexpectedly Turns Positive In March
(DBN)

US weekly jobless claims total 265000 vs 268000 estimate
(DBN)

Here's every US state's January unemployment rate
(DBN)

How to Really Make America Great Again
(DBN)

The 10 happiest countries in the world The 19 unhappiest countries in the world
(DBN)

The 10 fastest-growing jobs for college grads
(DBN)

Lack of Retirement Savings Spans Several Generations: Survey
(DBN)

As U.S. Ports Go, So Goes the U.S. Economy
(DBN)

US Debt Clock
(DBN

World Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Exploding population sends rents soaring in Dallas
(DBN)

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Municipalities:

Lessons on Puerto Rico Bonds from the Financial Crisis
(DBN)

Puerto Rico needs freeze on lawsuits to face debt crisis -governor
(DBN)

Puerto Rico Illustrates Need for New Public Employee Pension Disclosures
(DBN)

Puerto Rico: Help Still Wanted
(DBN)

State House passes $48.7M in emergency funding for Detroit Public Schools
(DBN)

If CPS ever misses a debt payment, property owners would see taxes jump
(DBN)

Mediating Detroit’s Pension Disputes: The Process Explained
(DBN)

Conyers Introduces Bill To Regulate State Emergency Managers Conyers pushes law to penalize states with EM laws The Bill
(DBN)

Flint water crisis: Michigan governor tells Congress he will not resign
(DBN)

Lead Tainted Water in 100's of Schools/Day Cares
(DBN)

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Newspapers:

Tribune Publishing wins auction for OC Register parent DOJ may block Tribune’s bid for Freedom Communications due to antitrust issues
(DBN)

Feds sue to block California newspaper deal Los Angeles Times deal is target of federal anti-trust suit U.S. Seeks to Block Tribune’s Deal for Orange County Register Publisher
(DBN)

Investors walk out as auction for OC Register, Press-Enterprise erupts into all-day battle
(DBN)

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Pharma:

Valeant is getting hammered, again
(DBN)

Creditors may put the screws to Valeant as default risk looms Valeant Declines on Report That Drugmaker Faces Lender Pressure
(DBN)

Valeant Isn't Going Broke, CEO Pearson Reassures Staff
(DBN)

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Personal Finance:

5 things to say in your cover letter if you want to get the job
(DBN)

James Altucher makes an argument for not paying back your credit card debt
(DBN)

One mom sent her millennial son a bill — including $1,000 for being an unappreciative jerk
(DBN)

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Oil/Gas:

Oil and Gas Gathering Contracts: Contracts Running With the Land or Running On Empty?
(DBN)

Bankruptcy Judge Rules E&P Companies Can Reject Some Midstream Contracts
(DBN)

Thurs. PM: Oil At 2016 High, US Crude Above $40 On Output Freeze Hopes Oil Prices Jump As Dollar Hits 5-Month Lows
(DBN)

Energy companies drain loans before banks clamp down
(DBN)

Energy Sector Defaults Could go like Dominos Fitch: $40 billion more energy debt could default this year
(DBN)

Why Global Debt Growth May Extend The Oil Glut
(DBN)

Penn Virginia reports a miserable year Can Penn Virginia Corporation Stock Decline To $N/A?
(DBN)

LINN Energy And LinnCo: The Countdown Is On Linn Energy - Who Says Bankruptcy Isn't Profitable? LINN Energy flags Chapter 11 risk as creditors come calling Linn Energy: 30 Days Or Less Until Bankruptcy? Will The Fall Of Linn Energy Save The Oil Industry?
(DBN)

Gulf Keystone stock tanks as insolvency risk looms
(DBN)

Odebrecht Oil & Gas To Miss Perp Interest Payment
(DBN)

Southcross Energy says parent company may file for bankruptcy
(DBN)

S&P upgrades SandRidge credit rating after interest payment
(DBN)

U.S. petroleum firm Venoco files for bankruptcy Petition
(DBN)

New Source Energy declares bankruptcy
(DBN)

Chesapeake Energy considering 1.5-lien debt exchange
(DBN)

Alta Mesa Taps Remainder of Revolving Loan After Scrapping Debt Swap Deal
(DBN)

Seeming Progress Comes With More Headaches at Troubled Energy Companies
(DBN)

Aubrey McClendon Left His Biggest Backer With Billions to Lose
(DBN)

Saudi Arabia’s oil chief sees a world after fossil fuels
(DBN)

Largest U.S. Refinery Now Belongs To Saudi Arabia
(DBN)

US is Exporting Its Oil Everywhere
(DBN)

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Coal:

Giants Topple In The Beleaguered Coal Industry
(DBN)

With bankruptcy looming, Illinois mine exemplifies self-bonding fears
(DBN)

Peabody Energy: No Options Left
(DBN)

Peabody Energy: in the pits
(DBN)

Federal funds to aid layoff-hit Appalachian coal communities Obama administration offers $66 million to aid coal communities
(DBN)

Coal miner Foresight still in talks with creditors
(DBN)

Natural gas to overtake coal as leading US electricity source this year
(DBN)

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Bankruptcy Fraud:

Faiger Blackwell of Burlington faces 2-year prison sentence for concealment of bankruptcy assets and other federal charges
(DBN)

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Alternative Energy:

Billionaire's War On SunEdison: What Does Tepper See in Terraform?
(DBN)

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Tech:

GTATQ's Stock Is About To Become Worthless
(DBN)

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Brokers:

RCS Capital Gets Approval for Restructuring Support Agreement
(DBN)

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Apparel:

Karmaloop founder can’t escape $5 million debt
(DBN)

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Pensions:

Study Finds Public Pension Promises Exceed Ability to Pay
(DBN)

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Gambling:

Caesars examiner: Paul Weiss was probably conflicted – but not liable
(DBN)

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Religion:

Religion is Dying Out in America
(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 (15 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (5 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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Cross Border:

Respected Conclave Proposes Important Revisions to Chapter 15 of the U.S. Bankruptcy Code
(DBN)

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Insurance:

D&O Insurance: Late Notice and Excess Coverage
(DBN)

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Trustees:

Chapter 7 Trustee Suspended
(DBN)

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Food/Beverage:

U.S. Pension Agency to Take Over A&P Plans
(DBN)

McDonald’s workers say they hate all-day breakfast
(DBN)

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Retailing:

If Sports Authority wants out, Broncos have naming rights options
(DBN)

Sports Authority Sues Dozens of Suppliers Sports Authority Sues More Than 160 Suppliers
(DBN)

This chart shows why department stores like Macy's, Sears, and JCPenney are dying
(DBN)

?Ex-American Apparel CEO Charney sues lawyers for malpractice
(DBN)

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Corporate Reform:

A Suit Against Bharara For Going After Hedge Funds Survives A Motion to Dismiss
(DBN)

See Misconduct at Work? - Maybe it's wise to think twice before reporting it
(DBN)

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Hollywood:

Relativity announces $400 million in film financing
(DBN)

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Hotels:

Plaza Hotel to hit auction block
(DBN)

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Distressed Investing:

Ex-Paulson partner snags Bain Capital co-founder's backing for new hedge fund
(DBN)

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Ethanol:

It's Final: Ethanol is Of No Use
(DBN)

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Mass Torts:

EnPro, Garlock reach $480 mln settlement on asbestos claims
(DBN)

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Awards:

Chambers Global Top 30
(DBN)

Robert C. Furr of Furr & Cohen, PA Will be Inducted as a Fellow in the American College of Bankruptcy
(DBN)

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Celebs:

Bankrupt David Cassidy Only Has $478 In The Bank
(DBN)

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Healthcare:

Presence Health plans 250 layoffs to cut costs
(DBN)

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Tax:

Examining the Income Tax Treatment of Restructuring Costs
(DBN)

IRS Memo on Bad Boy Guarantees May Recharacterize Non-Recourse Debt as Recourse Liability
(DBN)

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Debt Collection:

CFPB’s Cordray Hints at Extended Debt Collection Rulemaking Timeline at House Hearing
(DBN)

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Sovereigns:

Why Argentina's Debt Deal Spells Bad News
(DBN)

Governors join holdouts bill debate at the Senate
(DBN)

Suitors line up as gov't readies bonds sale
(DBN)

Small Argentina creditors say 'frozen out' of settlements
(DBN)

Why island nations are less likely to default
(DBN)

New IMF Debt Rules Draw Praise, Criticism
(DBN)

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EU:

Discouraged Workers Dog Europe’s Recovery
(DBN)

Euro Falls First Time in 4 Days as Praet Says ECB Can Cut Rates
(DBN)

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PIIGS:

The Strategic View: Spain Corporate Restructuring 2016
(DBN)

Once a Darling, Spanish Solar Company Abengoa Faces Reckoning Spain's Abengoa seeks 7-month debt standstill to restructure
(DBN)

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Canada:

Davie shipyard boss calls Canada's national shipbuilding strategy 'bizarre'
(DBN)

U.S. Steel accused of ‘oppressive conduct’ as pension fight heats up
(DBN)

A Reminder That Directors Of A Bankrupt Corporation May Be Liable For Unpaid Wages
(DBN)

Increasing indebtedness squeezing British Columbians
(DBN)

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India:

Insolvency Code to make start, exit easy for startups: Nirmala
(DBN)

End of good times, Vijay Mallya may step down from United Breweries board Heineken eyes control of indebted Indian tycoon's brewery Where is Vijay Mallya?
(DBN)

Essar Steel struggling to execute plan to improve financial health
(DBN)

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South Africa:

Edcon Secured Creditors Rally for Talks With Bain Retailer
(DBN)

Glencore Deal Questioned by Top South African Party Official
(DBN)

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China:

China's No. 3 Developer Makes Deals as Default Risks Escalate
(DBN)

Kaisa Wins Over 80% of Creditors After Sweetening Debt Plan
(DBN)

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Chile:

Auto company restructures US$700 million debt
(DBN)

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Japan:

Japan 10-Year Yield Drops to Record, Below Negative Deposit Rate
(DBN)

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Venezuela:

Electricity Crisis: Venezuela to Shut Down for a Week
(DBN)

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Brazil:

Why Brazil is Freaking Out
(DBN)

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