March 31, 2016

The Daily Bankruptcy News

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3-Column Formating

 

Law:

When Do Law Firms Have to Disclose a Data Breach?
(DBN)

Cybercriminal targets elite law firms Beware Of Big Hacking In Biglaw Threats of Litigation After Data Breaches at Major Law Firms
(DBN)

DLA Piper associate fired for concealing case dismissal
(DBN)

Seven Fired Professors Return To Work At Charleston Law School, Despite 48% Decline In Enrollment
(DBN)

Aggregate Spend Goes Global
(DBN)

Suit by laid-off lawyers says Reilly Pozner jettisoned 17 at law firm to avoid sharing $391M verdict
(DBN)

We Learn By Doing, Not Just By Watching
(DBN)

Someone Stole A Kennedy Statue From This Law School
(DBN)

The Anna Alaburda Aftermath: The Self-Righteous Celebration And Thomas Jefferson School Of Law’s Empty Victory
(DBN)

A Curious Law School Pitch To Prospective Students
(DBN)

Oklahoma Accepts Computer Illiteracy In Bankruptcy Court As Mitigation: Censure Imposed
(DBN)

18 passive aggressive email phrases that are sure to annoy the recipient
(DBN)

7 things no man should wear in the spring — and what they should wear instead
(DBN)

A Right To Counsel: The U.S. Supreme Court's Near-Epiphany on Public Defenders
(DBN)

Law allowing pretrial freeze on assets untainted by crime violates Sixth Amendment, SCOTUS rules Defendants Can Spend `Untainted' Money On Lawyers, A Divided Court Rules
(DBN)

Free Rolling Stones concert in Cuba was lawyer’s idea
(DBN)

Would-Be Law Grad Convicted Of Stealing From School Allegedly Altered Court Records To Make It Look Like He Was Acquitted
(DBN)

Defrauded builder claims convicted bankrupt lawyer enjoys lavish lifestyle despite restitution order
(DBN)

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Judges:

Law School Rankings By Influential Judicial Alumni: Michigan Is #1
(DBN)

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Wall Street:

U.S. stock futures slip ahead of jobless claims
(DBN)

Stocks close off session highs in extended post-Yellen rally
(DBN)

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Layoffs:

Williams Lays Off 10% of Workers in North America
(DBN)

The world's largest investor is reportedly cutting jobs
(DBN)

BlackRock Planning To Cut 3% Of Global Headcount
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Politics:

Here’s how to find out which of your friends like Donald Trump Donald Trump mercilessly mocked on Twitter for saying a reporter's pen could have been 'dangerous' The Donald Trump Guide to Gaslighting the Woman Your Employee Lied About Grabbing Cooper confronts Trump over Heidi Cruz tweet: "That's the argument of a 5-year-old" Trump vows to appoint Supreme Court justices who will investigate Hillary Clinton’s emails Trump reneges on pledge to support GOP presidential candidate if he loses nomination Donald Trump Endorses "Punishment" For Women Who Get Abortions Simple Battery Is Not As Vile As Donald Trump Trump’s Path Runs Through the Rust Belt Trump campaign releases letter confirming IRS audit Trump's Tax Lawyers Say 2002-2008 Returns No Longer Under Audit Lawyers say Donald Trump under 'continuous' IRS audit
(DBN)

An Ethicist Reads "The Art of the Deal"
(DBN)

Bible-thumping Alabama governor expelled from church after racy phone calls go public
(DBN)

Virginia Gov. Vetoes Religious Exemption Bill
(DBN)

From Whitewater to Benghazi: A Clinton-Scandal Primer
(DBN)

The Way Out of the Republican's Dead End
(DBN)

Will Paul Ryan Commit Political Suicide?
(DBN)

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Food/Beverage:

Snoop Dogg Says He'll Save Roscoe's Chicken And Waffles
(DBN)

Pizza restaurant chain Giordano's explores sale -sources
(DBN)

Buffets Inc. bankrupt , may not pay outbreak victim's damages
(DBN)

Conspiracy? Albertsons Buys Back Grocery Stores At A Bargain
(DBN)

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Alternative Energy:

Court Approves $1.5M for Abengoa for Bankruptcy Financing
(DBN)

TerraForm Global Distances From SunEdison On Bankruptcy Risk
(DBN)

Bankruptcy Shadows Two High-Profile Solar Companies
(DBN)

How Wall Street's Favorite Solar Company Spent Itself to the Brink
(DBN)

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Coal:

The Coal Industry Is On The Brink Of Collapse
(DBN)

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Radio:

iHeartCommunications alleges Elliott bought credit default swaps in effort to collect ‘windfall’ through bankruptcy
(DBN)

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Aviation:

Creditors value Kingfisher Airlines' trademarks in the millions
(DBN)

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Debt Collection:

Fourth Circuit Rules FDCPA Does Not Apply to Consumer Finance Company Collecting Debt on Its Own Behalf, Even if It Acquired the Debt After Default
(DBN)

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Mining:

Molycorp Wins Approval to Exit Chapter 11 Bankruptcy
(DBN)

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Celebs:

Hecker to be released from prison 1 year early
(DBN)

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Corporate Reform:

This Is Where Bad Bankers Go to Prison
(DBN)

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Economy:

US private sector adds 200,000 jobs in March: ADP
(DBN)

The Fed Rate Hike Talk Was Nonsense
(DBN)

What in the Economy Is Janet Yellen Looking at?
(DBN)

The financial stranglehold on American families Since the Recession, We're Spending Again—But With Less Income Americans Spending 14% More While Earning 13% Less
(DBN)

Central banks 'running out of time' to reflate economies: Bill Gross
(DBN)

Why Do We Bail Out Banks And Not Steel Works? Because
(DBN)

Women are scrimping on clothes, but splurging on this
(DBN)

WSJ: ‘Twas Kyle Bass That Killed Bear Stearns
(DBN)

US Debt Clock
(DBN

World Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Subtenants, Beware of Bankruptcy and Commercial Leases
(DBN)

Zillow Forecast: Expect Slightly Slower Growth in February for the Case-Shiller Indexes
(DBN)

Escrow Funds: Who Gets to Keep the Cash?
(DBN)

Housing Costs For Low-Income Renters Up A Crushing 50% Since 90s, New Study Says
(DBN)

MBA: "Refinance Applications Down, Purchase Applications Up in Latest MBA Weekly Survey"
(DBN)

Mortgage Rates Drop After Yellen Speech
(DBN)

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Municipalities:

Puerto Rico: PROMESAnkruptcy
(DBN)

The Legal Battles Over the Status of Puerto Rico and Other Unites States Territories
(DBN)

COFINA Senior Bondholders Believe Puerto Rico Discussion Draft is a Positive Step
(DBN)

Puerto Rico Utility's Creditors Extend Deadline for Rate Plan
(DBN)

House Conservatives Balk at Early Draft of Puerto Rico Bill
(DBN)

Puerto Rico's Government Development Bank Risks Receivership
(DBN)

Bankruptcy rocked Detroit...Now it's plotting a comeback
(DBN)

Atlantic City Downfall Tests New Jersey's Record Rescuing Cities The governor fiddles as Atlantic City fails
(DBN)

San Bernardino Approves Deal to Settle Bankruptcy Bond Fight San Bernardino bondholders agree to settlement in city bankruptcy
(DBN)

Bankrupt Kentucky city reaches repayment deal
(DBN)

Resolving the Racism at the Heart of Flint's Water Crisis Flint crisis isolates Snyder
(DBN)

Detroit Public Schools indictments may throw wrench in legislative school fix
(DBN)

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Oil/Gas:

Oil prices slide as US crude stocks hit record Oil slumps, but stays on track for best month in almost a year
(DBN)

5 OPEC Members on Verge of Collapse
(DBN)

US Oil Production Looks To Dip Below 9 Million Barrels A Day
(DBN)

How the Oil Market Is Like the Housing Bubble
(DBN)

The Extend-and-Pretend Oil Market
(DBN)

US oil companies only halfway done tapping Wall Street cash this year
(DBN)

US crude oil stockpiles rise less than expected in week - EIA
(DBN)

Oil rallies into another inventory build
(DBN)

Climbing U.S. well completions won’t crush oil prices, analysts say
(DBN)

Energy Sector Bracing For A Rough First Quarter Earnings Season As Producers Are Hammered
(DBN)

Dubai will now charge passengers to fly through its airports because of the oil crash
(DBN)

SandRidge eyes bankruptcy, restructuring in US shale bust SandRidge hires advisers to evaluate options including bankruptcy
(DBN)

Tengasco 2015 Loss Widens, Revenue Slumps as Oil Prices Decline
(DBN)

Swift Energy Wins Approval of Chapter 11 Reorganization Plan
(DBN)

Chaparral Energy expects debt default, eyes filing bankruptcy
(DBN)

Bankruptcy Court Denies Sabine Creditors' Committee’s Motion to Pursue Claims Against Wilmington Trust
(DBN)

Resolute Energy Cuts Revolver Loan Borrowing Base to $105M
(DBN)

Midstates Petroleum issues bankruptcy warning
(DBN)

Superior Energy eliminates dividend
(DBN)

Railroad Stocks Hit Hard By Oil And Coal Collapse
(DBN)

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Personal Finance:

5 signs you aren't ready for a mortgage
(DBN)

17 tips to save money, from a woman who lived on $14,000 a year
(DBN)

Here are 10 things you should never say to someone struggling financially
(DBN)

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Pharma:

Valeant Asks Its Lenders for Some Slack
(DBN)

____________

Education:

For-Profit College Must Pay $1.1 Billion for Duping Students
(DBN)

Students Defrauded by For-Profit College Can Get Debt Forgiven
(DBN)

____________

Distressed Investing:

Jefferies Said to Hire Goldman's Femenia for Distressed Debt
(DBN)

____________

Healthcare:

Akers' Loss Widens in 2015, Revenues Deteriorate Y/Y
(DBN)

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New Bankruptcy Opinions
(12 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (Temporarily Unavailable)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (4 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)

______________

PACA:

A Loss for the Broccoli Bar: Fifth Circuit Rules that Attorneys’ Fees Cannot be Paid from PACA Trust Assets
(DBN)

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Tax:

Bad Boys, Bad Boys…Whatcha Gonna Do When They Come Tax You?
(DBN)

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Telecoms:

Fees in Nortel bankruptcy case now surpass US$1.2B
(DBN)

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TBTF:

MetLife isn't 'too big to fail' anymore MetLife: Are We Still Breaking Up?
(DBN)

MetLife Decision Could Torpedo Dodd-Frank Risk Protections
(DBN)

What you need to know about SIFIs – The Short Answer
(DBN)

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Autos:

US jury finds General Motors ignition switch was defective Jury: GM car's bad ignition switch not cause of crash Bell Tolls for Car Owners in GM Ignition Suits
(DBN)

Worst-Case Recall Could Cost Takata $24 Billion
(DBN)

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Awards:

The American College of Bankruptcy Announces 2016 Distinguished Service Award Recipients
(DBN)

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Entertainment:

Will Hawaii’s Bankrupt Circus Fold Its Tent?
(DBN)

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Fraud:

SEC Bans Prominent Biotech Investor Steven Burrill From Securities Industry For Theft
(DBN)

Future Income Payments agrees to settle alleged debt relief fraud case
(DBN)

____________

Pensions:

Fate of 400,000 Teamster Pensions Rests in Ken Feinberg's Hands
(DBN)

____________

Newspapers:

Judge: Digital First can pay $2 million less for newspapers
(DBN)

____________

Retailing:

Retailer Bankruptcies in the U.S.: Are Gift Card Holders Just Another Class of Creditors?
(DBN)

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Banking:

Banks on the Cusp of Their Uber Moment
(DBN)

____________

Sovereigns:

Argentina Senate addresses holdouts bill
(DBN)

'We have to pay because there is a sentence'
(DBN)

Argentina Edges Closer to Settling with Predatory Vulture Funds
(DBN)

Argentina approves deal to end debt standoff with creditors Argentina approves historic agreement to pay US creditors Argentina Senate Approves Plan to End Bondholder Dispute
(DBN)

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UK:

Bankruptcy applications move online in April
(DBN)

Britain sacrifices steel industry to curry favor with China
(DBN)

Tata Steel 'prepares to sell UK business' with thousands of jobs at risk
(DBN)

____________

EU:

European banks: New rules, old problems
(DBN)

____________

PIIGS:

Time for deal with Greece's creditors is running short
(DBN)

____________

Canada:

Montreal's Beyond the Rack files for creditor protection
(DBN)

Sault steelmaker’s future ore supplier headed for bankruptcy
(DBN)

____________

China:

China's top bankers warn of tougher trading environment
(DBN)

S&P cuts China sovereign credit outlook to negative; maintains AA- rating
(DBN)

Chinese Stock-Index Futures Drop After S&P Cuts Rating Outlook
(DBN)

15000 Layoffs? China's Bust is the West's Suffering
(DBN)

____________

Mexico:

Loss at Mexico's ICA quintuples as debt woes mount
(DBN)

____________

Brazil:

Brazil's Gol faces no insolvency risk in short term -CEO
(DBN)

____________

MENA:

Saudi Arabia continues to progress the development of a new insolvency law
(DBN)

____________

Australia:

Gig's up as Musicians Union faces insolvency
(DBN)

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