November 17, 2016

The Daily Bankruptcy News

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Law:

Associate Salary Hike to $180K Cited as Strain to Law Firm Profits
(DBN)

Elite Litigation Firm Adds New Name Partner To Its Stationery
(DBN)

ABA Sanctions Two More Law Schools for Lax Admissions
(DBN)

McGuireWoods Elevates New Bankruptcy Partner
(DBN)

St. Louis: Carmody MacDonald P.C. Adds Bankruptcy Partner Robert Eggmann
(DBN)

Will Indiana Tech law school donors get refunds?
(DBN)

Cravath Names New Partners — And All Three Are Women
(DBN)

The 25 best law schools for landing a high-paying job at a big firm
(DBN)

These Professors Make More Than a Thousand Bucks an Hour Peddling Mega-Mergers
(DBN)

Former Law School Dean Accused Of Sexual Harassment Drops Racial Discrimination Lawsuit Against UC-Berkeley
(DBN)

Can Litigation Finance Help the Gender Pay Gap?
(DBN)

Nearly 40 Percent of Law Firms Waste C-Suite Talent
(DBN)

Texas Firms Rank Last Revenue Growth, Top Expense Management
(DBN)

How to Resolve Big Law’s Diversity Problem? … $$$
(DBN)

He runs what may be the largest online law firm for personal bankruptcy filings
(DBN)

Why you should never work longer than 90 minutes at a time
(DBN)

Is Ted Cruz being considered for attorney general? He met with Trump on Tuesday
(DBN)

7th Circuit reinstates lawyer’s defamation suit over Jezebel blog comment
(DBN)

Elitism Puts Our Profession In Peril
(DBN)

Lawyers Jailed After Blaming Drunk Driving Crash on Nonexistent ‘Black Man’
(DBN)

Couple Settles Suit Against Baker Botts Over Shared Email
(DBN)

Partner or Protector? How Inside Counsel Can Get to ‘Yes’
(DBN)

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Judges:

Sotomayor on Trump’s election: ‘We can’t afford to despair’
(DBN)

Justice O’Connor Has An ‘Educational’ Video Game About Elections And It’s Entirely Wrong
(DBN)

Confirmed: Trump Will Pick From SCOTUS List
(DBN)

Democrats’ new Senate leader open to filibustering Trump’s Supreme Court picks
(DBN)

Ted Cruz not on Donald Trump’s list for Supreme Court picks, insiders say
(DBN)

You Can't Shun a Supreme Court Justice
(DBN)

Obama Can and Should Put Merrick Garland on the Supreme Court
(DBN)

Two Questions for Donald Trump's Supreme Court Nominees
(DBN)

Expect the Expected From Trump's Supreme Court Pick
(DBN)

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Wall Street:

US stock futures edge up as investors await Yellen testimony
(DBN)

Stocks close mixed as Dow breaks 7-day winning streak, tech gains
(DBN)

Trump, GOP tax plan could raise S&P 500 earnings by 9 percent, Citi says
(DBN)

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Layoffs:

The Detroit News offers buyouts to entire editorial staff
(DBN)

Chasing millennials and profits, Univision restructures and lays off 200 Univision Said to Cut Up to 250 Employees in Restructuring
(DBN)

More job cuts at energy companies Noble Energy cuts 60 jobs, mostly in Houston
(DBN)

First Solar plans to lay off 1,600 workers
(DBN)

Portland logistics company to lay off another 96
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Politics:

Congress Resists Trump’s Call for Term Limits
(DBN)

Clinton Campaign Had Problems Other Than Comey Hillary Clinton's Experience Was Her Undoing, Top Adviser Says 'It was arrogance' — Clinton staffers explain how she lost key battleground states Hillary Clinton gave an emotional speech in her first appearance since conceding the election Hillary Clinton's Legal Woes Press On Post-Election
(DBN)

How Facebook threats against Trump can turn into a felony A tech startup CEO has resigned after threatening to kill Donald Trump Trump Announces Tough Lobbying Ban Trump can now loot millions of dollars from the Secret Service with no disclosure Trump's tangled businesses pose potential for conflicts Tossed aside by Trump, industry lobbyists scramble to connect Transition: Here's How Bad It Is Defense Secretary Carter pushes back on Trump's call for 'sneak attack' on ISIS Will Prez-elect Trump Now Settle His Federal Racketeering Charges? Trump’s Trademark Victory Can This Biglaw Partner Be The ‘Voice Of Reason’ In Trump’s White House? Trump Promised Tax Cuts to Wealthy Steakhouse Patrons When He Ditched Reporters All you have to do to understand Trump's embattled chief adviser is read his own words Alan Dershowitz Thinks ‘Black Lives Matter’ Is Anti-Semitic, Sticks Up For Steve Bannon Letter from attorneys opposing Bannon appointment to White House Why Wall Street should be worried about Steve Bannon
(DBN)

Teaching civics in an age of Trump
(DBN)

The Two Americas of 2016
(DBN)

Here's what the US electoral map looks like adjusted for population
(DBN)

GOP to Obama: We're Going to Miss You (Seriously)
(DBN)

Ryan slams brakes on vote to bring back earmarks
(DBN)

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Food/Beverage:

Bankruptcy court OKs USA Springs land sale Former owner’s bid fails in $1.2 million deal
(DBN)

Trustee of Dahl’s Foods Bankruptcy Case Suing Former Employees for their Retirement Funds
(DBN)

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Media:

Gawker Liquidation Plan Includes Legal Shield for Writers
(DBN)

Appeals Court Keeps Alive Chicago Lawyer's Defamation Suit Against Gawker
(DBN)

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Corporate Reform:

U.S. state securities regulators gird for action during Trump era
(DBN)

GOP, Business Groups Launch Campaign to Constrain CFPB
(DBN)

The Man Who Would Kill Dodd-Frank
(DBN)

Will The Trump Administration Usher In An Era Of Less Cronyism And Pay-To-Play?
(DBN)

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Student Debt:

Under Trump, Student Lenders Get a Chance to Cut Loose 5 Possible Student Loan, Higher Ed Impacts of a Trump Presidency
(DBN)

Trump's Election Fuels Worry Over Lawyer Loan Forgiveness
(DBN)

Here's What Student Debt Looks Like Across the Country
(DBN)

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Electricity:

NRG battles in bankruptcy court over cogeneration power plant issues
(DBN)

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Economy:

Trump may go after the Federal Reserve
(DBN)

Chase CEO to Trump: No Thanks JPMorgan CEO Dimon still part of Trump Treasury talk
(DBN)

Goldman: Trump Bad News for Global Economy
(DBN)

Fed tightening could lead to a dollar shortage and a new financial crisis
(DBN)

This is why Trump's election is causing the recent uptick in interest rates
(DBN)

Treasury yield causing concern over growth after election
(DBN)

Bill Gross: Trump's presidency will be 'damaging' to the US economy and America has taken a 'wrong turn' Bond guru Bill Gross says Trump voters will suffer most from election result Bill Gross Just Clashed With World's Biggest Hedge Fund Over Donald Trump's Economics
(DBN)

Donald Trump's Economic Reality Rides On Millennial Generation He Lost At The Polls
(DBN)

Here are all the ways your taxes might change under President Trump
(DBN)

‘Globalization is here to stay:’ DHL Express CEO
(DBN)

Consumers’ Spending Expectations Drop After Improvement in September
(DBN)

HSBC: 'Politics is the new economics' in the markets
(DBN)

A new study shows that areas in the US hit hardest by trade have become more politically polarized
(DBN)

No, A Global Recession Isn't Imminent
(DBN)

Donald Trump's Tax Plan Would Hit Single Parents Hard
(DBN)

Will President Trump Cut Medicare And Social Security As Well As Taxes?
(DBN)

Mnuchin says Trump considering infrastructure bank
(DBN)

Trump's policies can't stop the fastest growing economies in the world
(DBN)

An Unpredictable Upcoming Match-Up: Donald Trump vs. Big Business
(DBN)

Medicare Privatization Tops GOP Agenda
(DBN)

The US may be repeating a huge mistake from the Great Depression
(DBN)

The 17 easiest places to start a business
(DBN)

Here's what investors should expect in Trump's economy
(DBN)

America's demographics mean Trump could be a very lucky president
(DBN)

'They should be scared, they should feel insecure, they should be unhappy with their government'
(DBN)

Reserve Bank warns need to ‘watch things carefully’ in face of high and rising debts
(DBN)

Panel: Ban China From Buying US Firms
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Homebuilder sentiment holds steady, could change post-election
(DBN)

Last Call For Loan Modifications Under HAMP
(DBN)

Home lots in wealthy city head to bankruptcy auction
(DBN)

Adams says ‘no’ to Colony proposal ... for now
(DBN)

AIA: Architecture Billings Index increases in October
(DBN)

NAHB: Builder Confidence at 63 in November
(DBN)

MBA: "Mortgage Applications Decrease in Latest MBA Weekly Survey"
(DBN)

Critics say HUD sales of delinquent mortgages are hurting, not helping

Here's how a Trump presidency could impact real estate
(DBN)

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Municipalities:

Puerto Rico warns of cash crunch when debt moratorium ends
(DBN)

Puerto Rico Fights Off Lift Of Stay In Bondholder Suits
(DBN)

U.S. judge maintains pause on lawsuits against Puerto Rico government
(DBN)

Puerto Rico sees liquidity shortfall as high as $3 bln
(DBN)

Will mediation bring San Bernardino bankruptcy case closer to an end?
(DBN)

'Business as usual, for now' after Atlantic City takeover Sweeney Talks Christie, Trump and the Fate of Atlantic City Former governor says Atlantic City takeover 40 years overdue
(DBN)

Rahm's Chicago Tax Hikes: $1,700 Per Family
(DBN)

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Oil/Gas:

U.S. oil stockpile rises by 5.3 million barrels Oil Inches Higher In Spite Of EIA Reported Inventory Builds
(DBN)

U.S. rig count declines by 1 to 568
(DBN)

IEA: Industry Entering Period of Greater Oil Price Volatility
(DBN)

Emerald Oil emerges from bankruptcy , changes name
(DBN)

Drilled But Uncompleted Wells (DUCs) Will Cap 2017 Oil Price Recovery
(DBN)

Here’s What Donald Trump Must do to Reach His Energy Goals
(DBN)

Saudi Arabia has a message for Trump on oil
(DBN)

Feds charge second FourWinds official in alleged scheme tied to state Sen. Uresti
(DBN)

The oil bust will drag on for a lot longer than big oil says
(DBN)

Houston-based oil field housing company files for bankruptcy
(DBN)

Warren Buffett Dumps Oil Sands Giant Suncor
(DBN)

Rule change on inactive wells could save small companies
(DBN)

20 Billion Barrels of Oil in Texas Shale?
(DBN)

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Coal:

A Portrait of the Tensions in Coal Country
(DBN)

Coal May Come Back, But Only a Little
(DBN)

Trump promises a US coal revival, but the world's energy authority begs to differ
(DBN)

One Step Forward & Two Steps Back Is Becoming A Familiar Dance For The Coal Industry
(DBN)

Trump has an obligation to revive coal industry, one CEO says
(DBN)

Coal has quietly made a comeback — or at least a bottom
(DBN)

12 Coal Miners Died on This Man’s Watch in 2006. Now Trump Wants to Make Him Commerce Secretary
(DBN)

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Shipping:

Taiwan Approves $1.9 Billion Aid Package to Troubled Shipping Companies
(DBN)

Hanjin Shipping rehabilitation – changes to the rehabilitation timetable
(DBN)

Unmoored From Reality: DryShips Halted After 1,500% Post-Election Rally
(DBN)

'Shipping Gets Weird': Shares Surge as Analysts Struggle for Explanations
(DBN)

Global shipping is making a very slow recovery as demand picks up
(DBN)

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Aviation:

Republic Airways plans to emerge from bankruptcy early next year
(DBN)

Erickson delisted from Nasdaq as company grapples with Chapter 11
(DBN)

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Hedge Funds:

Implant Sciences Shareholders Call for Platinum Partners Investigation
(DBN)

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Metals:

Steel: Big Winner In Trump Presidency
(DBN)

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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 (15 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (27 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)

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TBTF:

Neel Kashkari Emerges From Rustic Northern Lodge With Plan To Break Up Too-Big-To-Fail Banks
(DBN)

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Awards:

Jay Jaffe to be Inducted as a Fellow of the American College of Bankruptcy
(DBN)

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Interest:

Secured Creditors are Rejoicing over the Ninth Circuit's Decision Overruling Costly Precedent
(DBN)

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Avoidance Actions:

Ordinary Course Defense Examined by the 7th Circuit – Bucketing Analysis Rejected
(DBN)

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Proofs of Claim:

9th Cir. Holds Debtor’s Acknowledgment of Debt Does Not Excuse Untimely Proof of Claim
(DBN)

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Miscellaneous:

Bankruptcy & restructuring roundtable
(DBN)

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Sales:

Bankruptcy Sales: “Free and Clear” Is Not Necessarily a Free Pass
(DBN)

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Litigation:

Seeking Punitive Damages Can Expand Scope of Discovery
(DBN)

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Discharge:

Obscure Provisions in Title 37 Bar Discharge of Unearned Reenlistment Bonuses
(DBN)

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Retailing:

Will This Be the Last Christmas for Sears?
(DBN)

American Apparel gets $30 million DIP facility
(DBN)

Fashion designer Christian Siriano explains why malls are dying
(DBN)

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Religion:

Twin Cities archdiocese puts forth amended bankruptcy plan
(DBN)

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Fraud:

Donald Trump's Lawyers Demand Details on Jury Screening in Trump University Case
(DBN)

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Tech:

GT Advanced faces Taiwan firm charges in U.S. District Court
(DBN)

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Ethanol:

Oil companies press House to cap ethanol blend below 10 percent
(DBN)

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Pharma:

Theranos: Fraud is Not a Trade Secret New Details in the Fraud of Theranos
(DBN)

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Autos:

Auto debt climbs fast
(DBN)

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Social Media:

Russia has banned LinkedIn
(DBN)

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Healthcare:

Health Care Services Industry Distress Index Remains High in Q3 2016
(DBN)

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UK:

Duff & Phelps Welcomes Phil Dakin as a Managing Director in the Restructuring Advisory Practice
(DBN)

Increases in Company Insolvencies ‘Inevitable’ Warn Experts following Brexit
(DBN)

Should UK Adopt a Version of US Chapter 11 Bankruptcy Process?
(DBN)

RBS avoided writedowns for fear of endangering bonuses RBS allegedly rejected a warning from Goldman Sachs and Deloitte over its 2008 cash call
(DBN)

Boris Johnson is making 'impossible' Brexit promises that could ruin Britain's negotiations
(DBN)

Brexit Is a Mess, But the U.K. Economy Keeps Humming Along
(DBN)

Brexit will blow a £98 billion hole in Britain's finances
(DBN)

Goldman Sachs just presented its doomsday Brexit scenario
(DBN)

Senior government officials are considering quitting because there's no 'clear' Brexit plan
(DBN)

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PIIGS:

Why are Greeks protesting President Obama's visit? Obama highlighted the need for Greece?s creditors to agree to debt relief Creditors press Greece for reforms on social security and labour matters
(DBN)

EU warns Italy, Spain against 2017 spending plans
(DBN)

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Australia:

The Year In Restructuring 2016
(DBN)

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Ukraine:

Ukraine NBU declares Artem-Bank insolvent
(DBN)

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Venezuela:

Venezuela's toxic economy has seeped into the filings of 13% of S&P 500 companies this year
(DBN)

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South Korea:

Korean shipping industry in crisis as Hanjin collapses
(DBN)

The contrasting fate of the Korean shipping and shipbuilding companies: Hanjin Shipping, STX Offshore & Shipbuilding, and Daewoo Shipbuilding & Marine Engineering
(DBN)

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India:

Why salaries are taking a hit at debt-strapped firms
(DBN)

India Is Getting Richer, But Millions Can't Feel It
(DBN)

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China:

Potential Effect On The Adoption Of Close-Out Netting In China.
(DBN)

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Switzerland:

Swiss opera goes bankrupt
(DBN)

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