May 6, 2016

The Daily Bankruptcy News

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3-Column Formating

 

Law:

The Future Is ‘Bleak’ For Law Students And Law School Graduates
(DBN)

Recent ABA Jobs Data Show That Boom Times For Lawyers (And Law Schools) Are Not Around The Corner
(DBN)

Antidiscrimination Rule for Lawyers Faces Backlash
(DBN)

AI: ROSS Intelligence announces partnership with BakerHostetler - Firm will use AI in bankruptcy
(DBN)

Should law firms have non-lawyer owners? ABA reopens debate
(DBN)

Lanny Davis Launches New Firm With Orrick, Patton Boggs Alums
(DBN)

The First Law Firm To Move To Midtown
(DBN)

NY To $190K: 5 Arguments In Favor Of A Biglaw Pay Hike
(DBN)

4 Ideas For Advancing Diversity And Inclusion In The Legal Profession
(DBN)

Proposed revision of ABA model ethics rule to ban broad range of discrimination sparks controversy
(DBN)

Why I’m Glad I Chose Corporate
(DBN)

R. Kelly and Bryan Cave Sued by Promotion Company
(DBN)

Do Clients Lose When Lawyers Work for a Fixed-Fee?
(DBN)

Linklaters’ new boss: I’m reviewing everything
(DBN)

UK: Meager pay rises create two-tier Magic Circle
(DBN)

Another Reason To Worry About A Trump Presidency The Constitution Won't Stop President Trump
(DBN)

Seattle Lawyer Gets Crazy Sexist Over Stadium Deal
(DBN)

Pace Law School Gets Mega-Gift, New Name
(DBN)

GMU law school’s name change to honor Scalia should be delayed, says faculty senate George Mason President Resists University Faculty's Call To Reject Naming Law School After Justice Scalia For $30 Million
(DBN)

148 Deans Demand LSAC Rescind Threat To Expel University Of Arizona Over Use Of GRE In Law School Admissions
(DBN)

At Least Your Exams Are Going Better Than These Disastrous Finals — An ATL Classic
(DBN)

6 ways to start a networking conversation with anyone
(DBN)

Here are the 3 best ways to clean your dirty iPhone
(DBN)

Man Uses Drone To Spy Into Manhattan Apartments
(DBN)

Now It’s My Fault Your Read My Text Before You Crashed?
(DBN)

Lawyer victorious in contesting parking-ticket late fee all the way to the state’s appeals court
(DBN)

Social Security moves to block the mentally ill from purchasing guns
(DBN)

Amid federal lawsuit threat, N.C. governor digs in heels on LGBT law In South, defiance on bathroom laws shows signs of wavering
(DBN)

Report: Joe Paterno Knew About Sandusky Abuse in 1976
(DBN)

The Alligator Always Rings Twice . . .
(DBN)

Lawyer dumped girlfriend by pretending to be dead
(DBN)

Amish beard-cutting convictions upheld by federal appeals court
(DBN)

Wisconsin city to fine parents $681 if their kids bully
(DBN)

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Judges:

Justice Stevens on Thomas Jefferson, Guns, and Justice Scalia
(DBN)

Raising the white flag: Conservative blog urges GOP to cut its losses and confirm Merrick Garland
(DBN)

Former U.S. Solicitors General Unite in Garland Endorsement
(DBN)

Retired Justice John Paul Stevens Tells Senate To Get Moving On That Supreme Court Nominee
(DBN)

Judge Gets 3 Days In Jail for DWI
(DBN)

Trump: I will name possible Supreme Court nominees by July
(DBN)

Angry over drug sentence, inmate filed false $5.8M debt claim against federal judge, feds say
(DBN)

Merrick Garland, Movie Star
(DBN)

Lawyer Who Hired Judge's Friend To Try To Force Recusal Loses Discipline Case
(DBN)

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Wall Street:

U.S. stock futures wobble before data
(DBN)

Stocks close narrowly mixed; Street awaits jobs Friday
(DBN)

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Layoffs:

Layoffs Without WARN-ing: How to Use the Unforeseeable Business Circumstance Exception
(DBN)

Discovery announces buyouts, possible layoffs
(DBN)

Endo announces 740 layoffs
(DBN)

Goldman Sachs is firing traders again Sales and trading unit to lose about 10% of its staff
(DBN)

Cancer Treatment Centers of America lays off about 350
(DBN)

Robots are coming for your jobs - financial industry key target
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Politics:

House Speaker Paul Ryan refuses to back Donald Trump Ryan and Trump’s Relationship Status: It’s Complicated RNC Staffers Reportedly Told They Can Support Trump or Get a New Job Trump And Ryan Go To War
(DBN)

Birds of a Bankruptcy Feather? Donald Trump names hedge fund veteran as finance chairman Donald Trump’s New Finance Chairman Was Big Donor to Hillary Clinton Trump's New Finance Chairman Was Sued Over Madoff Fraud Profit Finance Chair Is A Bank Exec Who Made ‘Yuge’ Profits From The Financial Crisis Donald Trump: 'I'm the king of debt' Donald Trump Uses Shaky Stats When Talking Taxes Donald Trump Open to More Than Three Debates With Hillary Clinton Donald Trump Is Coherent on Monetary Policy, but Not on Debt Donald Trump Is Right That The US Could Partially Default, But You're Not Supposed To Say So Why 'President Trump' worries the dealmakers Trump reveals plan to ride new ‘angry voter coalition’ to the White House Electoral Map Looks Daunting for Donald Trump Donald Trump Won’t Self-Fund General-Election Campaign What Is Trump's Education Agenda? Trump White House could dent US economy: Eastern Bank CIO Think America's terrified of Donald Trump? Check out how the rest of the world's reacting Trump expects to raise $1 billion for the election Trump Won the Stand-Up Competition Donald Trump, CNN and the Missing Airplane
(DBN)

Top Reason Americans Will Vote for Trump
(DBN)

Vulnerable Republicans Take Stock of Running With Donald Trump
(DBN)

The GOP has a hard truth to face: conservatism doesn't matter
(DBN)

It might be time to start thinking about third party candidates Poll: Negative Views Of Trump and Clinton Reach “Historic” Levels
(DBN)

Ben Carson: Make Ted Cruz attorney general and then nominate him for Supreme Court
(DBN)

Four Questions for Hillary Clinton Will Hillary Clinton Be Deposed? Report: FBI Preparing to Interview Hillary Clinton About Email Thing Why the Clintons Don’t Fear the Coming Armageddon With Donald Trump
(DBN)

The 'Never Clinton' Campaign Bernie Sanders's accusation that Clinton is running a "money laundering scheme," explained
(DBN)

____________

Celebs:

'Real Housewives Of New Jersey' Cast: The True Reason A Bankruptcy Trustee Is Coming For Teresa Giudice
(DBN)

50 Cent Donates $100,000 To Autism Charity
(DBN)

____________

Coal:

How economics turned NW coal ports into the walking dead
(DBN)

How coal country became a main stage in presidential race
(DBN)

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Chemicals:

Tronox: Don't Cry For Me Argentina ?
(DBN)

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Religion:

End is in sight for Gallup diocese bankruptcy case
(DBN)

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Debt Collection:

The New Reality of Small Debt Collection
(DBN)

____________

CROs:

Making the Right Choice . . . Chief Restructuring Officer or Restructuring Consultant?
(DBN)

____________

Autos:

Takata shares crash again: Will the airbag maker go bankrupt?
(DBN)

____________

Taxis:

Uber's Plan for World Domination
(DBN)

____________

Economy:

Trump says he would likely replace Yellen Donald Trump: This is why I'm for low interest rates
(DBN)

Fed's Williams: 2 or 3 rate hikes reasonable this year, but dependent on data
(DBN)

Fed’s Kaplan anticipating summer rate hike
(DBN)

Mutual funds are betting big on a Fed rate hike
(DBN)

Bill Gross: What to Do After the Robots Take Our Jobs
(DBN)

Bill Gross's 'Helicopter Money': How It Works
(DBN)

Donald Trump’s Idea to Cut National Debt: Get Creditors to Accept Less?
(DBN)

U.S. jobless claims rise; planned layoffs surge
(DBN)

It's Jobs day — here's what you need to know
(DBN)

Another boom in jobs, if not pay, seen in April payrolls report
(DBN)

Goldman Sachs thinks the Street is wrong about April jobs
(DBN)

Despite economic recovery, every single county in America is facing hunger
(DBN)

The Circles of American Financial Hell
(DBN)

No room for the urban poor? 'Eviction' author Matthew Desmond explains
(DBN)

The economy is rigged against workers. Or is it?
(DBN)

These 9 charts explain the global slowdown and why central banks are powerless
(DBN)

Class 8 Truck Orders Fell 39% in April
(DBN)

US Debt Clock
(DBN

World Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

Mortgage rates retreat following weak economic data Near 2016 Lows 3.61 Percent
(DBN)

Seeds of the next housing crisis have been planted
(DBN)

Fannie Mae to Pay $919 Million Dividend to Government as Profit Falls Fannie Mae CEO says it’s not sustainable to operate without capital Fannie Mae CEO: Private capital unwilling to step into mortgages
(DBN)

The rent is too damn high and it’s going to stay that way
(DBN)

Debtor Benefits from 108(b)’s Extension of Time to Redeem
(DBN)

____________

Municipalities:

Trump: Puerto Rico Needs to Write Down Debt Add Puerto Rico's debt crisis to the list of issues Donald Trump doesn't understand Donald Trump Says Puerto Rico Bondholders Should `Take a Hit'
(DBN)

Puerto Rico's looming Katrina-style disaster
(DBN)

What Is Puerto Rico's End Game?
(DBN)

Congress Must Not Bow To Puerto Rican Debt Tactics
(DBN)

Puerto Rico Needs Restructuring, Not A Bail-Out
(DBN)

Mark-Viverito asks SEC to investigate largest holder of Puerto Rican debt NYC Speaker Seeks Probe of OppenheimerFunds on Puerto Rico
(DBN)

Is $500 million enough to save Detroit's schools? Senate not sold yet on House version of Detroit schools fix Teachers union, others blast House bills to fix Detroit Public Schools Future of DPS hinges on GOP Capitol showdown
(DBN)

Rhodes blasts Detroit teachers union for sickout
(DBN)

Day of reckoning for Atlantic City? N.J. Assembly set for key vote
(DBN)

A.C. discord persists: Sweeney, Prieto can't agree on if they agreed to meet Friday
(DBN)

Atlantic City Inches Closer to Bankruptcy Christie says bankruptcy may be 'only option' AC nearer to bankruptcy as aid crashes Atlantic City drama explodes as Prieto calls off vote on rescue bill
(DBN)

Oklahoma is 49th in Spending on Education, Thinks That's Too Much
(DBN)

U.S. States Stay in Austerity Age as Debt Barely Budges in 2015
(DBN)

The Party's Over in Alaska
(DBN)

____________

Oil/Gas:

Energy Slump Continues to Drive Up Bankruptcies
(DBN)

Is There More Pain Ahead for Energy Companies?
(DBN)

US oil ends 1.2 pct higher
(DBN)

Iran Is Back. Is Its Oil Surge Sustainable?
(DBN)

Fri.: Oil prices dip as focus returns to supply glut
(DBN)

OTC attendance sinks by 28 percent
(DBN)

CHC in Bankruptcy as Oil Slump Hits Offshore Helicopter Service Pilots’ union talking to its lawyers as it reacts to CHC bankruptcy
(DBN)

Hercules Offshore: Recovery not strong enough
(DBN)

Judge stands firm on letting bankrupt Sabine scrap midstream pipeline deals
(DBN)

Fifty-nine oil and gas companies have filed for bankruptcy in the past couple of months
(DBN)

Bankruptcies forecast further turbulence for U.S. oil
(DBN)

Oil Patch Bankruptcies Hit $34.3 Billion
(DBN)

70% Of Tenants Are Bankrupt: Outlook For CorEnergy
(DBN)

Germany: Bartec lenders to appoint restructuring adviser
(DBN)

Oil drillers worldwide experience hardest times ever: expert
(DBN)

500,000 Barrels And $1 Billion In Losses: The True Cost Of Canada’s Wildfire
(DBN)

The Shale Sector Just Got Two Critical Wins – In Two Different States
(DBN)

Saudi Arabia is winning the oil war
(DBN)

Stone Energy Corp. Drops 10.66%
(DBN)

Billionaire's Bargain Reveals Risks for Offshore-Oil Creditors
(DBN)

Another state watches its finances get whacked by oil prices
(DBN)

Nigeria's investment drought a huge blow to economy
(DBN)

____________

Healthcare:

What If the Next President Cuts Off Obamacare Subsidies for Insurers?
(DBN)

Health Insurers Struggle to Offset New Costs Insurers Seek Rate Increases to Cover Obamacare Costs
(DBN)

I tried to find out how much my son's birth would cost. No one would tell me
(DBN)

____________

Retailing:

Should Dick's Sporting Goods Bother With Sports Authority's Assets?
(DBN)

____________

Radio:

On-Air Vet Kathy Rowe Latest Casualty Of iHeartMedia Cuts
(DBN)

____________

Distressed Investing:

Prudential Sees Junk Bonds Rallying On With Defaults Baked In
(DBN)

____________

Banking:

Banking Reform Hasn’t Fixed Perverse Incentives on Wall Street: Ex-FDIC Chair Bair
(DBN)

Banks Face New Rule That Magnifies Loss Reserves in Weak Economy
(DBN)

____________

Alternative Energy:

SunEdison Bankruptcy Threatens Dividends at TerraForm Units
(DBN)

____________

Gambling:

Caesars Entertainment Corp. Swings to First-Quarter Loss
(DBN)

____________

Defaults:

Corporate Defaults Rise to Most Since 2009 on Oil Drop, S&P Says
(DBN)

____________

Fraud:

Utah Company Now Faces Criminal Charges Over Alleged $28 Million Ponzi Scheme
(DBN)

____________

Steel:

ArcelorMittal Profit Drops 33% After Steel-Price Collapse
(DBN)

____________

Pensions:

Congress should solve America's pension crisis
(DBN)

____________

New Bankruptcy Opinions
(3 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (58 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (148 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)

______________

Bankruptcy Statistics:

Why is Tennessee's bankruptcy rate so high?
(DBN)

CD CA: Bankruptcy filings in region hit 8-year low
(DBN)

______________

Cross-Border:

Kaisa Seeks U.S. Bankruptcy Court Aid in Hong Kong Restructuring
(DBN)

____________

Bad Faith:

Lake Michigan Part II: Bad Faith Analysis
(DBN)

____________

Mediation:

Don’t Let This Happen to You: Milwaukee Archdiocese Bankruptcy – Part Three, The In-Court “Slugfest”
(DBN)

____________

Avoidance Actions:

Uniform Voidable Transactions Act — Coming to Your State Soon?
(DBN)

____________

Bankruptcy Remoteness:

Public Policy Invalidates Bankruptcy Remote LLC Structure
(DBN)

____________

D&O:

Directors – Don’t Be at a Loss for Your D&O Coverage in Bankruptcy
(DBN)

____________

Arbitration:

CFPB Aims To Overrule Supreme Court And Federal Law On Arbitration
(DBN)

Amid growing anger at Wall Street, a push to end arbitration agreements
(DBN)

Suing Banks Will Be Much Easier If U.S. Regulator Gets Its Way
(DBN)

Banks Skewer Proposal Limiting Arbitration
(DBN)

____________

Food/Beverage:

Bankrupt Premier Cru business not run in 'reliable fashion'
(DBN)

Fairway Failure Shows Danger of Overpromising Before the IPO
(DBN)

____________

Electricity:

PUC punts decision on Hunt-led buyout of Oncor
(DBN)

____________

Tax:

US Starts Crackdown on Intl. Tax Evasion
(DBN)

____________

Sovereigns:

South Africa's Credit Risk Approaching Junk-Rated Brazil: Chart
(DBN)

____________

UK:

UK Retail Sales Spell Gloom for High Street
(DBN)

Billionaire Sir Philip Green tells MP investigating BHS collapse: 'Stand down' Here's the full letter Sir Philip Green sent to MPs accusing them of 'public vilification' and a 'trial by media'
(DBN)

Law firm partner embroiled in BHS collapse after buying it for £1
(DBN)

Barclays Revives the 100% Mortgage in the U.K.
(DBN)

____________

EU:

S&P: European High Yield Corporate Default Rate Rises to 1.6% in April
(DBN)

Why Italy and France are not too big to fail
(DBN)

____________

PIIGS:

Spanish town facing bankruptcy saved by 'Game of Thrones'
(DBN)

Monte Paschi First-Quarter Profit Falls on Lower Revenue
(DBN)

A Push for Greek Cuts Even Creditors Think Go Too Far Greece Bailout Was for EU Banks: Study Confirms That Rescue Loans Didn’t Serve the Greek People Pension, tax legislation face vote on Sunday as Greek gov’t aims to impress creditors The Greek Drama Isn't Over: IMF, ECB And Government Still Fighting Over Austerity
(DBN)

____________

Canada:

Canada Supreme Court Rebuffs Appeal From Nortel Bondholders Supreme Court of Canada won't hear Nortel bondholders case
(DBN)

Wildfires in Alberta Force City of 80,000 to Evacuate The wildfires ravaging Canada might have a lot to do with climate change Canada Oil Prices Surge as Fire Hits Shell, Suncor Output
(DBN)

National Bank estimates $250-million loss on bad loans to energy sector
(DBN)

Urbancorp Bondholders Vote in Favor of Immediate Debt Repayment
(DBN)

____________

China:

Something odd is happening in China, and it echoes major financial crises of the last 20 years
(DBN)

How China lost $500 billion in reserves in one year
(DBN)

China: 3 bankrupt shipyards seek capital
(DBN)

China stocks slide nearly 3% on bond-default concerns
(DBN)

CLSA Sees China Bad-Loan Epidemic With $1 Trillion of Losses
(DBN)

____________

India:

India's Lower House of Parliament Approves Bankruptcy Bill Post Vijay Mallya row, Lok Sabha passes Bankruptcy Bill Lok Sabha nod for insolvency and bankruptcy code Lok Sabha approves the Bankruptcy Bill Here is what you should know about the Bankruptcy Code Industry, experts cheer passage of Bankruptcy Code in Lok Sabha Bankruptcy Code is a dud unless executed right; India has too many good laws that we failed smartly Bankruptcy code: Why it strikes the right balance among all stakeholders
(DBN)

India intends to confiscate overseas assets of willful defaulters
(DBN)

____________

MENA:

Report: Fearing Bankruptcy, Customers Fleeing Golan Telecom
(DBN)

50,000 Laid Off In Saudi Arabia As Oil Crisis Bites Deeper
(DBN)

Low Oil Prices Hitting Real Estate in UAE
(DBN)

____________

Denmark:

IMF warns this oil-rich Nordic country of growth risks
(DBN)

____________

Venezuela:

How bad is it in Venezuela? Soldiers are stealing goats
(DBN)

Venezuela's Descent Into Crisis
(DBN)

____________

Brazil:

Brazilians can’t even afford to drink their problems away
(DBN)

____________

Bahamas:

Gov't To Seek New Baha Mar Wind-Up Delay
(DBN)

____________

Australia:

Inside Clive Palmer's Queensland Nickel mess
(DBN)

Don’t flip out! Government's proposals on ipso facto clauses could void securitization flip clauses
(DBN)

Arrium CEO Andrew Roberts steps out door at collapsed firm
(DBN)

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