May 4, 2016

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Kirkland & Ellis Lawyers to Get ‘Emotional Fitness’ Training
(DBN)

Clifford Chance Appoints New Global Restructuring Head
(DBN)

Law School Graduate Employment Data Shows Decline in Legal Jobs Employment data for 2015 law school grads released by ABA Legal Ed Section WSJ: Latest ABA Data Show Declining Job Prospects For Law School Graduates
(DBN)

Dentons launches agile working across UK
(DBN)

The Potential Pitfalls of Professional Social Media Sites
(DBN)

My office is my sofa: why more lawyers are working from home
(DBN)

Survey shows 'explosive' use of litigation financing
(DBN)

Sued after posting video of brawl with neighbor, law partner loses bid for SLAPP protection
(DBN)

World's First Publicly Traded Law Firm Won't Go Bankrupt
(DBN)

The Evolution Of Legal Jobs
(DBN)

Law School Rankings: Federal Judicial Clerkships
(DBN)

Tulsa To Vote Today On Whether To Strip Founder's Name Off Law School Building Due To KKK Ties
(DBN)

After U.S. News Stopped Giving Full Weight To Law School-Funded Jobs, 52% Of Those Jobs Disappeared
(DBN)

Beyond Biglaw: Imperfect Information
(DBN)

Youngest Equity Partner at Katten Shares Her Tips for Junior Lawyers
(DBN)

Guys, this is the one thing you need to keep your dress shirts clean
(DBN)

Dykema Cox Smith Taps Dallas Litigator for Management Role
(DBN)

21 common body language mistakes even smart people make
(DBN)

A Harvard psychologist explains the key to spotting a liar
(DBN)

Court rules food theft 'not a crime' if hungry
(DBN)

Firefighter accused of setting blazes -- he helped extinguish
(DBN)

Judge blocks Confederate monument's removal
(DBN)

Hulk suing Gawker again
(DBN)

Tennessee’s "Shampoo Licensing" Law Hit With Stinging Complaint
(DBN)

52 Years After Being Wrongfully Convicted, Man Finally Gets Exonerated And Has One Thing On His Mind
(DBN)

Law Guy Spoils Game Of Thrones For Entire Student Body
(DBN)

Sheldon Silver sentenced to 12 years in prison
(DBN)

Law Student Turns 2-Year Suspension For Stealing Laptop Into 20-Year Prison Sentence By Tampering With Larceny Conviction Record
(DBN)

Landlord Arrives In Limo To Turn Herself In After Stealing Dog In Dispute Over Property
(DBN)

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Judges:

Judge Merrick Garland: His Jurisprudence and Potential Impact on the Supreme Court
(DBN)

Lawsuit challenges Senate inaction on Garland
(DBN)

Scalia’s Comcast legacy is at stake in Google Adwords case
(DBN)

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Wall Street:

U.S. stock futures drop with private-payrolls report on tap
(DBN)

U.S. stocks end at 3-week low as energy, banks sell off
(DBN)

The Wall Street tactic that costs German taxpayers roughly $1 billion a year
(DBN)

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Layoffs:

Nearly 200 Cargill workers face possible layoffs
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Personal Finance:

1 in 6 newlyweds admits to this financial secret, and it's not good
(DBN)

The best and worst things to buy in May
(DBN)

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Retailing:

Teen retailer Aeropostale has filed for bankruptcy Aeropostale Files for Bankruptcy in Latest Retailer Meltdown Aéropostale Files for Bankruptcy Protection DIP Dec First Day Dec
(DBN)

Trouble in 'teen retail'
(DBN)

Sports Authority, still seeking buyer, says it's not liquidating Sports Authority pushes back on liquidation talk; gets bankruptcy financing OK Sports Authority Anticipates Buyer for ‘Major Portions’ of Stores
(DBN)

Fairway Bankruptcy Filing A Warning For Retailers
(DBN)

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Aviation:

Republic's Deal With Delta Wins Bankruptcy Court Approval Bankruptcy Judge Approves Key Republic Settlement With Delta
(DBN)

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Celebs:

Lawyer for Teresa Giudice's creditors wants to reopen bankruptcy case
(DBN)

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Alternative Energy:

Appaloosa Management Calls for Probe of SunEdison
(DBN)

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Telecoms:

Ruling brings Nortel Networks bankruptcy case closer to end
(DBN)

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Financial Literacy:

Financial Literacy? What's the Point?
(DBN)

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Distressed Investing:

US Leveraged Loan Default Rate Slips to 1.69% in April
(DBN)

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Gambling:

Another state bans fantasy sports sites for violating gambling laws
(DBN)

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Taxis:

Uber Plans To Kill Surge Pricing, Though Drivers Say It Makes Job Worth It
(DBN)

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Pensions:

Teamsters retirees await word on deep pension cuts
(DBN)

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Metals:

Horsehead shareholders get equity committee in bankruptcy proceedings
(DBN)

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Education:

Students Of Defunct Anthem College Could Get Debt Relief
(DBN)

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Economy:

Just give the US a flat tax: Blackstone CEO Schwarzman
(DBN)

Fed May Start Reverse Quantitative Easing
(DBN)

Why the Gig Economy May Not Put a Dent in Income Inequality How Obamacare is fueling the gig economy
(DBN)

Americans with these types of jobs retire early
(DBN)

Business Still Feeling Damage Done in 2008, Says Dryden
(DBN)

US Economy may be Grinding to a Halt
(DBN)

2016 Is Already a Record Year for Failed U.S. Deals
(DBN)

U.S. Light Vehicle Sales increase to 17.4 million annual rate in April
(DBN)

The Projected Improvement in Life Expectancy
(DBN)

New Fed Bailout-Prevention Rule to Reach Beyond Banks U.S. rule would shield failed banks from hedge funds in future crisis
(DBN)

Retirement overconfidence: The bad and the good
(DBN)

US Debt Clock
(DBN

World Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Bankruptcy Update: District Court Prohibits Chapter 13 Debtors From Compelling Mortgagee to Accept Title to Surrendered Property
(DBN)

Who Can Go After Banks for the Foreclosure Crisis?
(DBN)

CoreLogic: House Prices up 6.7% Year-over-year in March
(DBN)

Million-dollar home market slumps
(DBN)

Freddie Mac’s First Quarter Loss Undermines Shareholder Lawsuits Freddie Mac's rough first quarter will likely embolden calls for GSE reform
(DBN)

Bank of America reaches $190M settlement with FHLB Seattle
(DBN)

Oregon town considers seizing abandoned foreclosures to fight blight
(DBN)

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Municipalities:

Puerto Rico’s Hedge Fund Deal May Be First of Many Twists and Turns
(DBN)

Puerto Rico Bank Debt Agreement Looks Easier Said Than Done
(DBN)

How To Turn Puerto Rico Into Hong Kong
(DBN)

It’s Not Hedge Funds That Caused Puerto Rico to Fail to Manage Its Debts
(DBN)

Lew Urges Congress to Act to Solve Puerto Rico Debt Crisis Lew: Puerto Rico crisis is 'immediate and real' Lew warns of chaotic unwinding on Puerto Rico debt Puerto Rico could face financial chaos without Congress plan: Lew
(DBN)

House panel near unveiling new Puerto Rico debt bill Congress Dithers As Puerto Rico's Debt Bomb Ticks
(DBN)

Vultures and Chains: Artists Protest Puerto Rico Debt Crisis
(DBN)

Plan to restructure Detroit schools advances during sickout
(DBN)

If we won't listen to adults, listen to a child Detroit teachers to return to classroom after 2-day sick-out
(DBN)

Prieto bill a test of Christie's influence Democrats draw new battle line over Atlantic City
(DBN)

The ‘Citigation’ Phenomenon: Municipalities Teaming up With Plaintiffs’ Firms to File Suits Municipalities find new funding source by filing class-action suits
(DBN)

This map shows how much money you need to make to live in the 7 biggest US cities
(DBN)

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Oil/Gas:

U.S. oil industry bankruptcy wave nears size of telecom bust
(DBN)

Age of Cheap Oil, Natural Gas Just Beginning
(DBN)

Oil prices in holding pattern ahead of weekly supply update
(DBN)

Why Oil Prices Will Likely Drop Below $40 Soon
(DBN)

U.S. energy CEOs ready for new drilling as oil prices plot upward path
(DBN)

Fed Survey: Credit Quality in Oil Regions "deteriorated somewhat" Oil town Americans late on car loan payments
(DBN)

Oil Prices Fall Back as Rally Hits a Ceiling Oil Down 2nd Straight Day, Rising Output Reignites Glut Worry
(DBN)

Low Oil Prices Drive Record Profits for U.S. Airlines
(DBN)

Despite Shale Glut, US Imports More Foreign Oil
(DBN)

Pipe dreams still alive for selected few in U.S. energy rout
(DBN)

Houston's office market is melting down
(DBN)

CorEnergy hopes to dodge losses from second major tenant's bankruptcy
(DBN)

BP drops $1 billion seafood industry spill payments fight
(DBN)

Shell Profit Plunges 83%
(DBN)

Texas handling the oil crash pretty well
(DBN)

Oil exposure fuels new pain for banks
(DBN)

Oil Price Upheaval Cuts Into Large U.S. Refiners’ Earnings
(DBN)

Hedges spike as producers look to lock in higher oil prices
(DBN)

Petrobras Boomtown Turns Desolate as Refinery's Billions Vanish
(DBN)

____________

Celebs:

50 Cent berates airport worker he suspects of drug use — but who is actually autistic
(DBN)

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Politics:

WSJ editors warn Puerto Rico inaction could turn Florida blue
(DBN)

Trump Win Just Latest Tremor Shaking GOP Trump Gains Clear Path to Nomination Backlash for Trump’s China trade US Military Leaders Disagree with Trump Trump: US Should Shoot Down Russian Jets Donald Trump’s War on Truth Pressure Mounts on GOP Leaders to Fall in Line Behind Trump How 'Stop Trump' failed This is what has to happen for Donald Trump to beat Hillary Clinton
(DBN)

The End of Politics As We Know It
(DBN)

Ted Cruz Drops Out After Crushing Defeat in Indiana How Can Cruz Even Return to the Senate? OMG: Does This Mean Carly Won't be Vice President? Cruz says Trump has it right: ‘Dad killed JFK, he’s secretly Elvis, Jimmy Hoffa’s buried in his backyard’ Cruz Explodes Ted Cruz Calls Trump ‘Amoral,’ ‘Liar’ and ‘Narcissist’ in Fresh Attack Why Indiana Gov. Mike Pence Stands With Ted Cruz
(DBN)

Hillary Clinton’s Growing Problem With Independents
(DBN)

Trump vs Clinton: Why this election could be the nastiest in history
(DBN)

The crisis in the Republican Party is even worse than it looks 'My Party Has Lost Its Way': Lindsey Graham rips Donald Trump's 'yearning' for dictators GOP May Lose Business Owners to Democrats Daily News mourns the death of the Republican Party, 'killed by epidemic of Trump'
(DBN)

Laid-Off Coal Worker Wants Explanation From Hillary Clinton
(DBN)

Bernie Sanders Wins Indiana Primary
(DBN)

____________

Mass Torts:

Another big verdict in talc case against Johnson & Johnson
(DBN)

J&J Faces Growing Threat of Lawsuits Over Talc and Cancer
(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 (31 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)

______________

Avoidance Actions:

Section 546(e) Safe Harbor Preempts Individual Creditors' State Law Constructive Fraudulent Transfer Claims
(DBN)

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Jurisdiction:

Wellness International Network v. Sharif : An In-Depth Review
(DBN)

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Mediation:

6 Reasons Why Bankruptcy Mediation is a Process, not a One-and-Done Session: Part Two — Need For Quick Resolution
(DBN)

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Student Debt:

Ellen DeGeneres stumbles into the student debt debate
(DBN)

Student Debt Is About to Set Another Record, But the Picture Isn’t All Bad
(DBN)

Education Department Alters Student Loan Default Rates U.S. Department of Education Updates Colleges’ Student Loan Default Rates
(DBN)

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Fashion:

Shoe Designer for Ellen Tracy, Elie Tahari Files for Bankruptcy
(DBN)

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Shipping:

Hanjin Shipping to begin creditor -led workout program this week
(DBN)

Samsung Heavy pressed to map out self-restructuring plan
(DBN)

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Fraud:

Bored Feds Now Contemplating Charging Martin Shkreli With All The Crimes
(DBN)

Stratton Oakmont Memories Resurrected in New Scam
(DBN)

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Autos:

Takata Survival Seen Getting Harder With Wider Air-Bag Recalls
(DBN)

____________

Healthcare:

Prime completes purchase of Saint Michael’s Medical Center in Newark
(DBN)

____________

Predatory Lending:

Bankrupt cancer survivor gets shock: $300 loan balloons into $40,000 debt in 2 years
(DBN)

____________

Electricity:

Three possible results Wednesday from battle over Oncor and why you should care
(DBN)

____________

Food/Beverage:

Fairway Files for Bankruptcy Amid Questions Over Future of Iconic New York Markets Fairway Grocery Stores Slide Into Bankruptcy Supermarket Operator Fairway Enters Bankruptcy Fairway Group Files Prepackaged Chapter 11 in Manhattan Fairway sinks into bankruptcy
(DBN)

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Sovereigns:

Pollack: 'The holdouts funds created an existential threat'
(DBN)

Venezuela Bonds Tumble After Oil Output Falls More Than Expected
(DBN)

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UK:

U.K. Insolvency Service to Investigate Management of BHS
(DBN)

Britain to fast-track investigation into BHS collapse
(DBN)

Retail CVAs – an unproven track record?
(DBN)

R3 calls for ‘business rescue moratorium’
(DBN)

Britons are not earning enough to live without debt
(DBN)

____________

Canada:

Ontario's top court denies bid by US bondholders in Nortel bankruptcy case Nortel U.S. Challenge to Cash Split Shut Down by Canadian Court Ontario Court of Appeal won’t hear Nortel case
(DBN)

Home Builder Urbancorp CEO Files for Bankruptcy Protection
(DBN)

____________

China:

China’s Steel Makers Undercut Rivals as Economy Slows
(DBN)

China Presses Economists to Brighten Their Outlooks
(DBN)

China's Buildup of $26 Trillion in Public, Private Debt
(DBN)

The $571 Billion Debt Wall That Points to More Defaults in China
(DBN)

Pray That China's Faking It
(DBN)

There's one big problem with China's plan to transform its economy
(DBN)

Will Chinese Debt Defaults Spread?
(DBN)

____________

India:

Banks tell Essar Steel to find buyer by end of June
(DBN)

Cabinet likely to take up Bankruptcy Code today
(DBN)

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Czech Republic:

Czech miner NWR's OKD files for insolvency to reorganize
(DBN)

____________

Brazil:

Brazil's Gol Asks Bondholders to Exchange $780 Million in Debt
(DBN)

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Bahamas:

Sarkis: Am I The 'Stalking Horse'?
(DBN)

____________

Australia:

Australian Government forges ahead with major insolvency law reform
(DBN)

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South Korea:

S.Korea says detailed plans on corporate restructuring to be set by end-H1
(DBN)

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