November 14, 2016

The Daily Bankruptcy News

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3-Column Formating

 

Law:

The Horror! Young Lawyers Balk at Upper East Side Living
(DBN

Two BigLaw firms announce merger; combined firm will have about a thousand lawyers Two New York And D.C. Powerhouses, Arnold & Porter And Kaye Scholer, Agree To Merge Kaye Scholer and Arnold & Porter to Combine Arnold & Porter to create billion-dollar firm with rival Kaye Scholer
(DBN)

The Pink Ghetto: Reports Of Biglaw Sexual Assault In The Days Following Donald Trump’s Election
(DBN)

The Intractable Hourly Rate
(DBN)

Hot Law Firm Practices In A Trump Presidency
(DBN)

Trump Taps Am Law 200 Partner as Chief of Staff
(DBN)

In Trump World, Some Firms Seek Solace in Buddhism, Others Business White & Case chief invokes Buddhist monk wisdom in wake of Trump election victory
(DBN)

Future White & Case trainee flew to US for Trump love
(DBN)

What Trump Presidency Means for Lawyers, Clients and the Courts
(DBN

The Silver Linings Of Trump’s Victory
(DBN)

10 Takeaways From Donald Trump’s Win For SmallLaw Attorneys
(DBN)

Why Hillary's Loss Feels So Painful to Women Lawyers
(DBN)

How Should Lawyers Deal With A Trump Presidency?
(DBN)

Biglaw Firms Unsure Of What To Expect From Trump Presidency
(DBN)

A Very Bad, Sad Poll About Lawyers & The Election
(DBN)

What Are Donald Trump’s Plans For Law School Debt?
(DBN)

O.K., America, He Won the Election – Now What?
(DBN)

Joining Other Firms, Bryan Cave Asks Tech Team to Start Billing
(DBN)

Big Law Business Observes Veteran’s Day
(DBN)

For Law Firms, AI is Becoming Part of the Legal Practice
(DBN)

Former prosecutor is accused of hiding million-dollar home purchases from bankruptcy court Criminal defense attorney indicted on federal charges
(DBN)

The Dan Markel Case: Who Is Paying The Defendants’ Legal Fees?
(DBN)

Lawyer’s suit claims friend’s negligent handshake caused lasting pain
(DBN)

Giuliani claims little interest in attorney general job, but touts his superior qualifications Who will Trump pick as attorney general? Giuliani says he isn’t much interested
(DBN)

9 tricks for getting people to do what you want
(DBN)

The Old ‘You Have to Use Your Law Degree’ Myth
(DBN)

ABA Tech Survey Reveals Lawyers’ Favorite Mobile Apps And Phones
(DBN)

The Vulnerable Lawyer (And Law Student)
(DBN)

Want To Work In-House? Burn Your Bluebook
(DBN)

Lawyer gets prison time after guilty plea in FBI money laundering sting
(DBN)

Solving the other legal education crisis
(DBN)

The Two Paths Forward For The Trump DOJ
(DBN)

Reporters could bolster First Amendment with libel cases against Trump, libel defense lawyer says Fierce First Amendment Attorney Thinks It’s Time For The Media To Start Suing Donald Trump For Libel
(DBN)

Yoga expert accused of killing identical twin sister re-arrested after new evidence uncovered
(DBN)

Big Law Election: Look at Who Just Made Partner
(DBN)

Firm rocked by phantom stairwell turd horror
(DBN)

Banker who worked at Linklaters, Lathams and Skadden found guilty of murder
(DBN)

Prosecutors defend sting that nabbed members of Facebook food-sharing forum
(DBN)

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Judges:

BK ED VA: Klinette H. Kindred Named Bankruptcy Judge
(DBN)

How Trump can reset the Supreme Court’s agenda
(DBN)

52 Obama judicial nominees are awaiting confirmation; do any stand a chance?
(DBN)

Jefferson County, Alabama, Elected Nine Black Women Judges on Tuesday
(DBN)

Anatomy Of A Rumor: On Justice Kennedy’s ‘Retirement’ Next Year
(DBN)

Ammon Bundy’s Lawyer Yells At Judge. Hilarity And Tasing Ensue.
(DBN)

Why Donald Trump Must Nominate Ted Cruz To The Supreme Court
(DBN)

Once in office, Trump can quickly alter Supreme Court agenda
(DBN)

Justice Ginsburg trades robes for opera costume
(DBN)

CA: Central District Judges Seek Input on Continued Use of the ECF Declaration
(DBN)

The Five Biggest Issues Facing the New Ninth Justice
(DBN)

Defendant strips and dances on judge’s bench
(DBN)

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Wall Street:

Stock futures waver, led by Nasdaq, leaving Trump rally vulnerable
(DBN)

Stocks close mostly higher on Wall Street
(DBN)

Wall Street Hopes Trump Makes Structured Finance Great Again
(DBN)

Trump rally to be followed by 11% stock-market tumble, forecasts Tom DeMark
(DBN)

Trump critic Warren Buffett says stocks will continue to rise
(DBN)

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Layoffs:

SandRidge Energy Announces Layoff Plans, Low Prices Cited
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Politics:

Trump tries a message of unity Trump to supporters harassing minorities: 'Stop it' Anti-Trump marches go into fifth day, as civil rights groups report racist attacks College Student in Hijab Allegedly Threatened to be Set on Fire ‘Whites Only’ and ‘Colored’ Signs Taped over School Water Fountains Portland Cops Arrest 26 Anti-Trump Protesters for Rioting Report: Trump was unfamiliar with the scope of the president's job when meeting Obama President-elect Trump speaks to a divided country on 60 Minutes 6 Surprising Things from Trump's 60 Minutes Trump aides unaware that the entire presidential staff had to be replaced at the end of Mr. Obama's term Trump said to be ‘disgusted’ with Chris Christie Donald Trump tries to postpone fraud lawsuits against his defunct real estate university until after he is sworn in as president Judge tells Trump University litigants they would be wise to settle Trump's lawyer is open to lawsuit settlement over defunct Trump University Trump Trial Versus Ex-Students May Feature Campaign Comments Trump's $25 billion wall would be impossible to build, according to architects Here are some of the most surprising insights from Trump's voters Here's what will happen to Trump's businesses now that he's going to be president Retail experts think Trump's election will boost holiday spending Donald Trump threatens the Constitution Ryan: Trump agrees 'no place' for racism, hate crimes after heated election One brutal chart from the biggest hedge fund in the world explains everything 'I'm going to give him a chance': Dave Chappelle weighs in on Trump's win in 'SNL' monologue How One Pollster Saw Trump’s Win Coming Trump Warned by NATO Chief Trump Advisors: Deregulate, Privatize Trump Warned by NATO Chief Trump's Promises Seem to be Shifting
(DBN)

Clinton staffers were so sure she would win they reportedly popped champagne on Election Day It’s surreal to watch this 2011 video of Obama and Seth Meyers taunting Trump about a presidential run 'Not my president' protests erupt around the country for the fourth day in a row
(DBN)

House GOP leader says Clinton investigation not on the agenda Why Obama Should Pardon Hillary Clinton
(DBN)

Former congressman is indicted for alleged false expense claims; ‘Downton Abbey’ decorating cited
(DBN)

Inspiring News From Election Day
(DBN)

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Music:

SFX, the Owner of Beatport and Tomorrowland, Will Reorganize Following Bankruptcy
(DBN)

SFX reorganization plan finally approved
(DBN)

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Aviation:

Erickson Says Bankruptcy Court Approves Interim DIP Financing
(DBN)

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Fishing:

US court names William Brandt, Jr as China Fishery trustee
(DBN)

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Mining:

Hearings this week may decide Essar mineral leases
(DBN)

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Farming:

Betting the Farm and Losing: Banks Seek Collateral as Debts Rise
(DBN)

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Coal:

Trump May ‘Dig’ Coal, But Industry’s Outlook Is Flat at Best
(DBN)

Cheap Gas Tests Trump's Promise to Revive Coal
(DBN)

Can Trump Really Revive The U.S. Coal Industry ?
(DBN)

Tax results of the bust could still affect counties
(DBN)

The Small Town That Took on Big Coal— and Won
(DBN)

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Class Claims:

Second Circuit Moots Class Claims Based on Offer of Judgment
(DBN)

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Student Debt:

5 ways President Trump could affect your student loans
(DBN)

Donald Trump’s Plans For Law Student Debt
(DBN)

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Economy:

Trump May Play Unexpected Savior in Fed’s Escape From Zero Bound December Rate Hike on Track as ‘Nerdy’ Fed Avoids Politics US Treasurys sink as traders eye 'Trumpflation'; 30-year yield above 3%
(DBN)

Goodbye, globalization A Trump policy adviser is already walking back tough talk on trade One of Trump's major economic polices could lead to a 'global recession' Trump and corporate America: 10 companies to watch The All-American iPhone China fires its first warning shot at Trump China's president tells Trump co-operation is the only choice
(DBN)

Trump Shows Every Sign of Carrying Out Sweeping Immigration Crackdown Trump Can Keep Plenty of Immigration Promises Without Congress Trump to Deport 2-3 Million Immediately Paul Ryan: Donald Trump's Not Planning Deportation Force
(DBN)

Bond Vigilantes to Trump: Be Careful, It Could Get Painful
(DBN)

Trump, Congress Wants Tax Cuts: But Whose?
(DBN)

Who Wins a Trade War? China Trump's Vow to Crack Down on China Set to Run Into Complex Reality
(DBN)

Donald Trump's Infrastructure Spending Plan Faces Speed Bumps Who's Going to Pay for Trump's Infrastructure?
(DBN)

Trump Adviser Takes Aim at Conservatives’ Budgetary Restraint
(DBN)

Buffett On Trump: 'You've got to be behind the president'
(DBN)

What A Trump Administration Might Mean For Income Inequality
(DBN)

Living in a Depression Explains Election
(DBN)

Can Trump Really Save Their Jobs?
(DBN)

Are We Now Back to Deficits and Debts?
(DBN)

US Debt Clock
(DBN

World Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN

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Real Estate:

October shows surprising 30% increase in foreclosures
(DBN)

Judge Fines D.R. Horton $16 Million Over HOA Management
(DBN)

The No. 1 sign you can't afford to buy a home
(DBN)

Starter homes are becoming scarce, and it's not just because of big-time developers
(DBN

Homebuilder's oceanfront land in Hillsboro sells out of bankruptcy for $49M
(DBN)

This $15 Million Montana Lodge Is Selling for Half-Price
(DBN)

Charlotte: Settlement reached in lawsuits related to Packard Place purchase
(DBN)

___________

Municipalities:

Gage County hires bankruptcy attorney
(DBN)

Federal judge orders bottled water deliveries to residents in Flint, Michigan
(DBN)

Everyday people could feel the pinch if Hartford declares bankruptcy
(DBN)

Predictors of Municipal Bankruptcies and State Intervention Programs: An Exploratory Study
(DBN)

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Oil/Gas:

Are Low Oil Prices Good for the Economy?
(DBN)

Oil Falls to Eight-Week Low as OPEC Output Gain Threatens Accord Iran Tells OPEC It Raised Supply by Most Since Sanctions OPEC’s Bearish Report Provides Little Hope For Oil Markets Kemp: OPEC Plays The Chicken Game While Oil Prices Fall
(DBN)

Oil demand growth could fall below 1% by 2018
(DBN)

Report: Growing Confidence Within Oil Industry
(DBN)

U.S. rig count down one this week, first decline in two months Baker Hughes: US Drillers Add Oil Rigs For 21st Week In 24
(DBN)

Oil Tankers Used to Store Millions of Barrels as Land Sites Fill
(DBN)

If Only These Two Things Come To Pass, Oil Prices Will Rise
(DBN)

Tidewater bankruptcy warnings continue amid growing losses
(DBN)

After bankruptcy, Glacier taking a cautious approach
(DBN)

Obama's oil and gas regulations face fire from Trump
(DBN)

Head of GE Oil & Gas says oil industry cuts not done yet
(DBN)

As Crude Collapsed, Alaska Capitalized on the US Housing Bust
(DBN)

How T. Boone Pickens Sits Tight in the Riskiest of Businesses
(DBN)

How a Donald Trump Presidency Could Affect Fracking Stocks
(DBN)

ExxonMobil Is Digging Its Own Grave
(DBN)

Oil Majors See Reserves Evaporate: Write Downs Continue
(DBN)

Will Trump Open Up New Oil And Gas Reserves? Trump To Usher In New Era For Oil And Gas
(DBN)

Rare Oil -Patch Hot Spot Emerges in America's Earthquake Capital
(DBN)

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Financial Literacy:

A financial expert and mother explains the simple way she uses the grocery store to teach her young son about money
(DBN)

____________

Corporate Reform:

Obama officials are frantically working to hammer out banking reform before Trump Wall Street Bonus Rules Seen as Urgent Ahead of Trump Takeover
(DBN)

Full Repeal of Dodd-Frank Isn't Main Focus of Trump Transition
(DBN)

Trump Win Puts a Bullseye on Elizabeth Warren’s Banking Watchdog
(DBN)

Trump Expected to Take Aim at Finance Regs, Energy Rules, Taxes
(DBN)

Trump Spoke Out Against Prosecuting Companies for Bribery
(DBN)

Warren Says She Would Work With Trump on Bank-Industry Policies
(DBN)

Bank Fees, Payday Loans to Get Less Scrutiny From Trump's Consumer Watchdog
(DBN)

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Celebs:

Jack Johnson to become lowest-paid NHL player following 2-year bankruptcy settlement Report: Jack Johnson reaches bankruptcy settlement
(DBN)

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Retailing:

As Nasty Gal Files Bankruptcy, Founder Sophia Amoruso's Fortune Decimated Nasty Gal founder Sophia Amoruso tearfully confirms bankruptcy rumors: 'It's been a wild ride' Nasty Gal Just Filed For Bankruptcy, And The Timing Couldn’t Be More Ironic Why Is NastyGal Filing For Bankruptcy? The Brand Made A Big Financial Announcement Nasty Gal bankrupt after forgetting what made it great in the first place Nasty Gal Files For Bankruptcy , #GIRLBOSS Founder Cuts Ties
(DBN)

Report: Sears suppliers slowing shipments on bankruptcy jitters
(DBN)

Backwoods outdoors chain files for bankruptcy reorganization
(DBN)

Here's Why JC Penney Shares Are Plunging
(DBN)

American Apparel Files for Bankruptcy Again, Will Sell Brand American Apparel files for second bankruptcy in just over a year American Apparel files for bankruptcy as Canada's Gildan plans purchase American Apparel Seeks Bankruptcy Protection a Second Time First Day Dec
(DBN)

DirectBuy faced sales decline, deep debt before bankruptcy
(DBN)

____________

Skiing:

Equipment auction at Alpine Ski Resort
(DBN)

____________

Education:

ChinaCast files for bankruptcy to pursue embezzlement claims
(DBN)

Employee lawsuits on hold pending ITT Tech bankruptcy proceedings
(DBN)

College Accreditors Largely Staffed by Employees of Schools They Oversee
(DBN)

Will Trump make college more affordable?
(DBN)

____________

Food/Beverage:

Supporters turn out for Erie County Farms fundraiser
(DBN)

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Shipping:

Korea Line Is Winning Bidder for Hanjin Assets in Fire Sale Korea Line Outbids Hyundai Merchant for Hanjin Shipping Assets
(DBN)

Troubled Hanjin's Fleet Shrinks to a Tenth of Its Size
(DBN)

Hanjin readies further layoffs as liquidation rumors grow
(DBN)

Creditors okay debt restructuring plan for South Korea's STX
(DBN)

Skeleton crews keep up ships to nowhere
(DBN)

Gov't presses Daewoo shipyard's labor union over rescue plan
(DBN)

Havila’s restructuring plan not popular
(DBN)

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Sporting Goods:

Behind the bankruptcy of Performance Sports Group
(DBN)

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Hotels:

KC: Prominent Lenexa hotel files for bankruptcy
(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 (17 new filings today
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (44 new filings today)
(DBN)

Bankruptcy Code (html) - Bankruptcy Code (pdf) Prior BK Codes (pick year from list - 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)

Debtors Bar of West Michigan 2017 Winter Seminar
(DBN)

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Bankruptcy Statistics:

15 retailers have filed for ch. 11 relief with over $10M in liabilities this year
(DBN)

______________

Plan Confirmation:

Ninth Circuit Rules That A Purchaser of An Insider’s Claim Should Not Be Deemed an Insider for the Purposes of Voting on a Plan of Reorganization
(DBN)

____________

TIA:

Frequently Asked Questions About The Trust Indenture Act Of 1939
(DBN)

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Settlements:

You Can Go Your Own Way… Unless the Supreme Court Reverses Jevic
(DBN)

____________

Preemption:

State Consumer Protection Law Preempted by the Bankruptcy Code
(DBN)

____________

Jurisdiction:

District Courts Lack Jurisdiction to Enforce Discharge Injunctions
(DBN)

Mandamus Cannot Substitute for Untimely Appeal
(DBN)

____________

TBTF:

AIG’s GC Reflects on Bailouts, the Crisis and Time-Management
(DBN)

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Awards:

American College of Bankruptcy to Induct 30 New Fellows in 28th Class
(DBN)

Christopher Andrew Jarvinen to Be Inducted into the American College of Bankruptcy More >
(DBN)

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Mediation:

There’s No-Such-Thing as a “Mediation Privilege” in Federal Court?!
(DBN)

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Interest:

November Surprise? Ninth Circuit Resurrects Post-Default Interest
(DBN)

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Healthcare:

Pharmacogenetics Diagnostic Laboratory LLC files for Chapter 11 bankruptcy
(DBN)

Judge tosses claims filed against Go Ye by founders
(DBN)

Trump Now Wants to Keep Popular Obamacare Provisions, Scrap Rest Repealing Obamacare May Be Easy. Replacing It Won't Be. Trump’s Repeal Threat Looms Over Obamacare at Critical Point Freaking Out Over Losing Obamacare How GCs Should Prepare for Trump's ACA Repeal
(DBN)

Trump Outlines Health Plan, From Obamacare Repeal to Abortion
(DBN)

Paul Ryan Plans to Phase Out Medicare in 2017?
(DBN)

El Paso: UMC seeks OK for $25 million line of credit
(DBN)

____________

Mass Torts:

Multi-Case Asbestos Order Provides for Discovery of 2019 Information Identity of Asbestos Claimants Disclosed Only to ‘Ferret Out’ Fraud
(DBN)

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Pharma:

Valeant Has Been Subpoenaed Over Its Pharmacy Activities
(DBN)

___________

Solar:

Brookfield Proposes Taking Over TerraForm Power and Global
(DBN)

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Pensions:

Era of Low Interest Rates Hammers Millions of Pensions Around World
(DBN)

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Sovereigns:

Yale Journal of International Law - Special Online Edition on Sovereign Debt
(DBN)

Moody’s turns pessimistic about global sovereign credit outlook
(DBN)

____________

UK:

RBS chairman: Banks could leave London unless there's a Brexit plan
(DBN)

Former Rangers owner Craig Whyte gets bankruptcy order lifted
(DBN)

Johnston Press to sell off more UK regional newspapers
(DBN)

BHS Buyer Dominic Chappell arrested by HMRC over unpaid tax Dominic Chappell reportedly arrested over £500000 unpaid tax
(DBN)

Shutters come down on the UK high street
(DBN)

Care homes face insolvency as industry struggles to cope with Government cuts and rising wage costs
(DBN)

Cushman & Wakefield appointed to sell American Apparel’s UK stores
(DBN)

KWM Europe offered conditional bailout by Asia partnership KWM partners asked for £14m and a lock-in to save the firm
(DBN)

____________

PIIGS:

ICAP: One in Five Businesses Heading Toward Bankruptcy in 2017
(DBN)

Italy Significantly Implements Floating Charge and Repossession Agreements and Amends Credit Recovery Proceedings
(DBN)

Barack Obama Joins Greek Debt Relief Calls
(DBN)

____________

Canada:

Housing costs a lot more in Canada than it does in the US
(DBN)

Bombardier on ‘brink of bankruptcy’ in 2015, CEO reveals
(DBN)

Canada's Gildan Activewear bids to buy assets of bankrupt American Apparel
(DBN)

____________

India:

A code to tackle insolvency , bring in more regulation
(DBN)

Trump’s Rise Deals Another Blow to India’s Manufacturing Dream
(DBN)

____________

Australia:

Former Linc Energy executives face charges
(DBN)

Am I too special? Appointment of special purpose liquidators where firm involved in previous compliance audit
(DBN)

____________

MENA:

Is Saudi Arabia going to declare bankruptcy?
(DBN)

UAE Bankruptcy Law a 'life support' for businesses
(DBN)

____________

Czech Republic:

Insolvent Czech miner OKD sues investors for $987 mln
(DBN)

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Russia:

Slow start for personal bankruptcy in Russia
(DBN)

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Mozambique:

Hedge Funds Line Up Against Mozambique in Tuna Bond Battle
(DBN)

____________

China:

Noble Group Reports Loss as Debt Pile Shrinks $503 Million
(DBN)

Will China’s Financial Bust Ever Come?
(DBN)

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Brazil:

Bondholders, Sawiris working on alternative plan for Brazil's Oi
(DBN)

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Venezuela:

Restructuring Venezuelan Debt
(DBN)

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Copyright 2016