October 12, 2016

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Biglaw Partners On The Hot Seat: Firms Are Demoting Partners Hand Over Fist
(DBN)

The Fastest-Growing Law Firms In The Country
(DBN)

UK law firms approve three-way merger
(DBN)

How to Attack the Legal Profession's Diversity Problem
(DBN)

Women And The Panopticon Of The Law (Part 2): A Letter To My Pre-Lawyer Self
(DBN)

Businessman Sues Dykema Cox Smith, Alleging Botched Bankruptcy Cost Led to Loss of $1M Home
(DBN)

Which Law Firms Are The Best Places To Work In NYC? (2016)
(DBN)

Bankruptcy Lawyer: When Work Makes You Feel Completely Miserable
(DBN)

Rainmaker Q&A: Schulte Roth's Brian Pfeiffer
(DBN)

Norton Rose Fulbright names new U.S. managing partner
(DBN)

Publicly-listed law firm Slater & Gordon faces $250m class action
(DBN)

The Impact Of Sexism In Law Firms On… Men
(DBN)

Legal Malpractice Claims Settling Faster, ABA Study Suggests
(DBN)

The Dan Markel Case: Luis Rivera Points The Finger At Wendi Adelson Florida Man Says He Was Hired to Kill Law Prof Over Custody Dispute Man who pleaded guilty in law prof’s murder tells police that he saw prof’s ex-wife
(DBN)

Yale Law Professor Cares About More Than Just The Law
(DBN)

Trump's Campaign Manager Married To Wachtell Partner Wachtell’s George Conway and the Trump Connection
(DBN)

Defense Attorney: Christie Learned of Lane Closures Before They Occurred Christie, Kelly Discussed Bridge Closings, Lawyer Suggests Witness Tells of Christie Fury on Bridge Emails
(DBN)

The Most Overlooked Piece Of Technology In The Office
(DBN)

Self-Learning Machines Beating Hedge Funds — What Lawyers Need to Know
(DBN)

If you are using a colleague’s absence to promote yourself, you are contributing to a culture of discouraging vacation, and in the end, that hurts you
(DBN)

When Colleagues Face A Loss, Say Anything… Even Years Later
(DBN)

13 habits of stressed-out people
(DBN)

 

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Judges:

Pixie For President: Why Judge Posner’s Cat Deserves Your Vote
(DBN)

The Supreme Court Is Being Hypocritical
(DBN)

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Wall Street:

Struggling to recover, U.S. stocks look to Fed minutes for relief
(DBN)

The stock market’s Tuesday nosedive explained in one chart
(DBN)

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Layoffs:

127 lose jobs at headquarters of bankrupt shipping company
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Autos:

Takata Has a $3 Billion Bid on the Table Takata bidders, carmakers to meet this month
(DBN)

GM Asks Judge to Toss Bankrupt Supplier's Lawsuit
(DBN)

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Personal Finance:

The four major Black Friday myths retailers want shoppers to fall for
(DBN)

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Coal:

Ahead of Peabody restructuring, environmentalists make push for end to self-bonds
(DBN)

Donald Trump’s Answer on Oil and Coal Was Deeply Ahistorical Nonsense
(DBN)

Why we’d all love Donald Trump’s “clean coal,” and why we can’t have it
(DBN)

Greatest Skeptics of Coal Surge May Be the Miners Themselves
(DBN)

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Defaults:

Comfort and Challenge for Investors in the Default Data
(DBN)

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Banking:

Wells Fargo Managers Pushed Overdraft Services
(DBN)

Nuns demand answers from Wells Fargo on fake accounts
(DBN)

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Debt Collection:

U.S. Supreme Court agrees to hear debt collection dispute
(DBN)

US Navy Federal Credit Union to pay $28.5 mln over debt collection issues
(DBN)

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Healthcare:

Insiders of failed Grove Instruments agree to paybacks
(DBN)

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Transit:

San Antonio strikes deal with bankrupt Super Shuttle operator
(DBN)

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Skiing:

Bankrupt ski hill sold for $4M
(DBN)

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Tech:

Samsung slashes its profit view by one-third after scrapping Galaxy Note 7
(DBN)

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Marketing:

Objections Win More Time For Delivery Agent Ch. 11 Bids
(DBN)

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Food/Beverage:

Cosi restaurant parent company seeks buyer
(DBN)

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Economy:

Fed minutes will be key as GOP sparring unnerves markets Wednesday's normally routine Fed minutes just got a lot more interesting
(DBN)

NFIB: Small Business Optimism Index "dips" in September Chart: Small Business Optimism Index Dips in September
(DBN)

U.S. Economic Confidence Index Idles at -12
(DBN)

Fed Economic Letter: "What Is the New Normal for U.S. Growth?"
(DBN)

More Americans Falling Behind on Car Loan Payments, S&P Says
(DBN)

Stratfor has released its disconcerting predictions for the fourth-quarter of 2016
(DBN)

Finding qualified workers now ranks as small firms’ second-biggest headache
(DBN)

The Two Gig Economies: One Happy and One Miserable
(DBN)

There are 2 reasons why millennials don't spend like everyone else
(DBN)

US Incomes by Religious Group
(DBN)

US Debt Clock
(DBN

World Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

One Appellate Court’s Message to Debtors: Do What You Say!
(DBN)

Demographics: Renting vs. Owning
(DBN)

Framing Lumber Prices Up Year-over-year
(DBN)

Foreclosure inventory drops to less than 1% nationally
(DBN)

Here's how student loan debt plays a role in the future of housing
(DBN)

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Municipalities:

Illinois governments would face large legislative hurdle to follow Detroit's path on bankruptcy, pension cuts
(DBN)

Mayor Proposes Chicago Budget 'Free Of The Black Cloud Of Insolvency '
(DBN)

San Bernardino's fiscal comeback impressive, but a long way to go
(DBN)

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Oil/Gas:

Oil Prices Rebound, But Too Late For Some Oil And Gas Companies
(DBN)

Oil prices fall after hitting one-year highs, hit by OPEC deal concerns Oil futures fall, but hold above $50 a barrel IEA Pours Cold Water On Oil Price Rally
(DBN)

Texas, Once a Star, Becomes a Drag on the U.S. Economy
(DBN)

Survey: OPEC faces ‘tall order’ in bid to keep oil above $50 in Q4
(DBN)

US Shale Oil Output Seen Surging If Crude Reaches $60 a Barrel
(DBN)

Rising OPEC Oil Output Shows Challenge of Curbing Production
(DBN)

Global crude oil stockpiles are finally falling, but there's a hidden threat
(DBN)

Reed Smith Prepares Enforceability Opinion for IECA New Master Netting Agreement
(DBN)

Samson Says Bankruptcy Sale Efforts Raised $660M
(DBN)

Pacific announces receipt of recognition order
(DBN)

Are Post-Bankruptcy Oil And Gas Stocks Huge Buys?
(DBN)

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Politics:

Trump: The shackles are off! Donald Trump is now blaming Paul Ryan for his failing presidential campaign 'Get real, Republicans': Home Depot cofounder says Trump tapes don't matter Trump says 'every poll' shows he won the second debate, but scientific polls suggest he lost Eric Trump says bragging about sexual assault is what happens when you’re an ‘alpha personality’ GOP Feuds Over Support for Donald Trump Donald Trump's Bitter Barrage Against Republicans Trump Time Capsule #139: Unshackled Donald Trump rewrote jokes in his Comedy Central Roast to make him sound wealthier Do voters care about more Trump tapes? The Trump camp’s biggest misstep yet: picking a fight with Beyoncé Republican woman quits party in astonishing anti-sexism tweet storm Donald Trump is a modern-day Barnburner Financial Insecurity Higher for Those Who Favor Trump Count Trump Among the Takers Oops — Donald Trump tells supporters to vote Nov. 28
(DBN)

Clinton holds 9-point lead over Trump after second debate, NBC/WSJ poll says Fact Check: Top aide did not say Hillary Clinton hates 'everyday Americans' WikiLeaks Emails Show Clinton Camp Was Worried Warren Might Endorse Sanders How Julian Assange Turned WikiLeaks Into Trump’s Best Friend Hillary In Leaked Email: Saudi Arabia And Qatar Are Funding ISIS Chelsea flagged 'serious concerns' about Clinton Foundation conflicts Hillary's State Dept. and Friends of Bill
(DBN)

Is Glenn Beck actually voting for Hillary Clinton?
(DBN)

Presidential Candidates' Plans Would Carry Tax Code in Different Directions Donald Trump Says the U.S. Is a High-Tax Country. He’s Wrong. So What? Trump, Clinton couldn't be further apart on tax plans: New analysis Analysts: Donald Trump’s new tax plan is even more tilted toward the rich than his old one Report: Trump's tax plan would aid Wall Street despite ending 'carried interest' tax loophole for the rich Hillary Clinton proposes another middle-class tax cut, but not a cut in rates Trump’s Tax Plan Seen Turning Employees Into Contractors Analysis: By 2025, most of Donald Trump’s tax cuts would go to the wealthiest 1% of Americans Fact Check: Donald Trump’s tax plan gives the wealthy and corporations "more than the Bush tax cuts by at least a factor of two."
(DBN)

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Banking:

Wells Fargo doesn't want you to know that its scandal really hasn't hurt the bank
(DBN)

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Corporate Reform:

SEC Breaks Record for Number of Enforcement Cases
(DBN)

Court Rules Consumer Financial Protection Bureau’s Structure Is Unconstitutional Court Orders Presidential Accountability Over `Unaccountable' CFPB Chief Court Blasts CFPB, Says Director Has Too Much Power "A good day for democracy" or a "reckless decision": Mortgage industry reacts to watershed PHH-CFPB ruling Court Gives President More Power Over Consumer Agency Chief CFPB Structure Is Unconstitutional, but Power Not Directly Affected The D.C. Circuit’s gratuitous ruling on CFPB constitutionality The Consequences of the D.C. Circuit's CFPB Smackdown PHH v. CFPB: A Blessing in Disguise for the CFPB
(DBN)

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Media:

Gawker Looking Into Lawsuit Against Peter Thiel Gawker Goes On Offensive, Seeks Discovery Into Peter Thiel's Connection With Lawsuits Gawker Seeks Probe of Thiel's Relationship with Hogan's Lawyer Gawker Wants Probe Of Peter Thiel's Role In Its Bankruptcy Gawker Asks Court to Authorize Investigation into Peter Thiel’s Role In Funding Lawsuits
(DBN)

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Gambling:

Casino Ch. 7 Trustee Says Stay On $45M Award Is Unfair
(DBN)

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Student Debt:

My $200,000 college debt is like a growing cancer
(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 (19 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (61 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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Proofs of Claim:

U.S. Supreme Court agrees to hear time-barred claims dispute Supreme Court to Resolve Circuit Splits on the Fair Debt Collection Practices Act Supreme Court to Provide Clarity on Whether Collection of Time-Barred Debts in Bankruptcy Violates the Fair Debt Collection Practices Act
(DBN)

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Jurisdiction:

‘Core’ Jurisdiction Exists over Claim Allowance Even in ‘No Asset’ Cases
(DBN)

‘Summary Jurisdiction’ Resurrected to Permit Final Order on Property Ownership
(DBN)

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Consumer Bankruptcy:

Disability-Care Payments Are Excluded from Calculation of ‘Disposable Income’
(DBN)

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Mediation:

Bankruptcy’s “Mediation Desert” Needs to Bloom: The Eighth Circuit Example
(DBN)

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Make-Whole:

How a “Voluntary” Default under An Indenture Converted an Optional Redemption Provision into a Mandatory Redemption Provision Requiring Payment of a Make-Whole Premium
(DBN)

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Cross-Border:

New forum looks at managing cross-border insolvency cases
(DBN)

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Bankruptcy Rules:

Judicial Conference Advisory Committee On Bankruptcy Rules To Meet In DC On Nov. 14
(DBN)

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Surrender:

The Eleventh Circuit has spoken: “Debtors who surrender property must get out of the creditor’s way”
(DBN)

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Reclamation:

Recent Delaware Chapter 11 Case Supports Vendors' Reclamation Claims
(DBN)

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Carve-Outs:

Unsecured Creditor Carve-outs: Chapter 11 Misery Makes Strange Bedfellows
(DBN)

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Discharge:

Millennium Lab, Update on Non-Debtor Third-Party Releases
(DBN)

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Shipping:

Hanjin to Accept Empty Containers at Two West Coast Port Terminals
(DBN)

Why Sinking Shipper Hanjin May Pull Down JC Penney
(DBN)

DSME may let go 3000 employees, sell floating docks by next year
(DBN)

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Education:

ITT Tech's Bankruptcy Trustee Seeks to Fend Off SEC, CFPB
(DBN)

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UK:

Leaked Docs: RBS Crushed Firms for Profit
(DBN)

South Square adds insolvency expert
(DBN)

The FTSE 100 hit its highest level ever
(DBN)

'Hard Brexit' could cost UK government $81.1 billion a year: Report
(DBN)

While the US works to make college more accessible, the UK is warned it has too many graduates
(DBN)

Lehman Brothers' creditors to be spared a £1bn UK tax bill after court battle UK faces £1.2bn tax loss after Lehman ruling
(DBN)

UK business ‘distress’ rises under living wage
(DBN)

Sir Philip Green and BHS CEO hit back at claims that favored BHS staff got a £2 million 'Philip bonus'
(DBN)

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PIIGS:

Funds Said to Seek Talks With Monte Paschi Over Debt-Swap Terms
(DBN)

Greek Gov’t Rushes to Complete Second Bailout Program Review by November 7
(DBN)

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China:

China Debt Problems Get Watered-Down Medicine
(DBN)

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Africa:

Africa is in a slump for the first time in two decades
(DBN)

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Germany:

How Deutsche Bank is Lehman Brothers and how it isn’t Deutsche Bank faces highest borrowing costs among European peers
(DBN)

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Hong Kong:

How HK’s outdated insolvency law is hindering innovation
(DBN)

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Australia:

Suddenly coal prices are booming. Will the entire country be next?
(DBN)

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Brazil:

Oi Bondholders in Talks With Billionaire Sawiris for New Plan
(DBN)

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