September 1, 2016

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Partner files $100M class action against Chadbourne, targets pay decisions of male ‘dictatorship’ Biglaw Firm Hit With $100 Million Class Action Gender Discrimination Lawsuit Female Lawyer’s Gender-Bias Suit Challenges Law Firm Pay Practices In $100M Suit, Partner Alleges 'All-Male Dictatorship' at Chadbourne
(DBN)

Which law firms have the happiest midlevel associates?
(DBN)

More Raises Ahead For The Legal Profession In 2017
(DBN)

General Counsel Of GE, Says There’s ‘No Such Thing As A Small Case’
(DBN)

Learning that we are fungible is a very hard lesson for many
(DBN)

Firm Takes Its Cue From Speed Dating
(DBN)

Some Reflections On Suicide Among Lawyers
(DBN)

Governor appointed to represent poor defendant wins reprieve, appoints new members of PD commission
(DBN)

California governor cites high law school costs in vetoing mandatory pro bono bill
(DBN)

Lawyer who filed ‘multiplicity of suits’ over use of his skyline photo is ordered to pay $22K
(DBN)

Fourth person pleads guilty in scam that allegedly cost BigLaw firm $7M
(DBN)

Fugitive’s Lawyer Thinks Maybe He Was Raptured
(DBN)

Judge refuses for-cause challenge to potential juror wearing Confederate flag T-shirt
(DBN)

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Judges:

Upcoming Supreme Court Docket Includes Cases to Watch for Commercial Lawyers
(DBN)

Justice Department discloses ‘several significant errors’ in information provided for SCOTUS case
(DBN)

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Wall Street:

U.S. stocks set to start September on upbeat note
(DBN)

Stocks close lower as energy lags; S&P snaps 5-month winning streak
(DBN)

ADP report seen raising chance of a rate hike
(DBN)

The Rise and Fall of Black Wall Street
(DBN)

Traders are loading up on a bet that’s making insiders nervous
(DBN)

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Layoffs:

Harley plans to lay off 200 employees
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Personal Finance:

11 ways to pad out your résumé without lying
(DBN)

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Retailing:

American malls are dying faster than you think — and it's about to get even worse
(DBN)

Sports Authority: Bankruptcy ? Check. Execs? Big checks Sports Authority execs win fight to collect bonuses after bankruptcy Bankrupt Sports Authority gets OK for modified exec bonus plan Bankruptcy judge OKs $1.5 million in bonuses
(DBN)

Sycamore’s Nine West Shoe Chain Trips Over Rising Debt Hurdle
(DBN)

Aeropostale Optimistic Retailer Will Survive Bankruptcy Aeropostale Receives A Bid That Would Keep At Least 229 Stores Open Aeropostale Gets Bid From Mall Group to Keep 229 Stores Open Aeropostale Rescue: The Mall Owners Strike Back
(DBN)

Sycamore and Joint Venture Bidding on Retailer Aéropostale - Winner could emerge Thursday, lawyer tells bankruptcy judge
(DBN)

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Bankruptcy Crimes:

Bankruptcy fraud sentencing delayed for 'Dance Moms' star
(DBN)

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Shipping:

Distressed Hanjin Shipping Co. Becomes Symbol of Industry in Pain
(DBN)

Northwest ports scrambling after Hanjin files for bankruptcy
(DBN)

Shipping giant Hanjin, majority owner of biggest Long Beach terminal, files for bankruptcy protection
(DBN)

Gerry Wang dismisses impact of Hanjin bankruptcy
(DBN)

Move by South Korea's Hanjin Shipping Roils Global Trade
(DBN)

Hyundai to deploy 13 ships to cover Hanjin Shipping routes
(DBN)

Hanjin Shipping Bonds Tumble as Creditors Await Restructuring
(DBN)

Hanjin Move Likely to Raise Shipping Rates for U.S. Firms
(DBN)

____________

Mining:

Magnetation, once an Iron Range success story, on the brink of closure
(DBN)

____________

Banking:

Number of FDIC-Insured "Problem" Institutions Since December 2008
(DBN)

____________

Fraud:

Providence Financial investigation grows; bankruptcy case gets underway
(DBN)

____________

Education:

It looks like the beginning of the end for ITT Tech
(DBN)

____________

 

 

 

Economy:

ADP: Businesses added solid 177000 jobs in August
(DBN)

Chicago PMI falls more than expected
(DBN)

Moore Paints Bleak Picture of World Economy
(DBN)

Gallup: Life Improved for Most Under Obama
(DBN)

Fed's Kashkari wants to see core inflation rise before any rate hike Fed’s Kashkari ‘shocked’ black unemployment isn’t better understood
(DBN)

Why the Fed might need to cut rates to minus 2 percent: Former Fed economist
(DBN)

'The US economy will soon be at full employment'
(DBN)

Why the Fed probably won't like the jobs report Friday
(DBN)

The Fed’s baffling fascination with unreliable information
(DBN)

The retirement crisis will hit one half of America harder than the other
(DBN)

The income gap between rich and poor adults is growing, but the achievement gap between rich and poor kids is shrinking
(DBN)

US Debt Clock
(DBN

World Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Pending US home sales strengthened in July Second-highest level in a decade But prices still high
(DBN)

Midtown Manhattan has a ton of empty office space
(DBN)

CFPB Issues Safe Harbors under FDCPA for Mortgage Servicers
(DBN)

Recording Requirements: When “Duly Acknowledged” Is Not Enough
(DBN)

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Municipalities:

Puerto Rico Debt Oversight Panel Named Obama names members of Puerto Rico's debt -tackling control board Meet the Members of Puerto Rico’s New Financial Oversight Board 21st Century Colony: US Picks Businessmen to Rule Puerto Rico These People Now Hold Puerto Rico's Purse Strings Puerto Rico's Fiscal Affairs Will Be Overseen by 7 Experts in Finance White House sets up Puerto Rico oversight Puerto Rico Oversight Board Members Specialize in Finance, Not Economic Reform
(DBN)

Creditors , Advocates Optimistic as Obama Names Puerto Rico Board
(DBN)

Puerto Rico's electricity provider renews contract with AlixPartners
(DBN)

____________

Oil/Gas:

Oil extends losses as US crude stocks rise by 2.3M barrels, more than expected Crude oil is getting clobbered after a huge inventory build Oil futures slide to the lowest levels since mid-August
(DBN)

Oil and gas bankruptcies seen missing forecasts
(DBN)

Energy Bankruptcies: We've only Seen a Third of Them
(DBN)

Bory: Oil Industry in Restructuring Period After Defaults
(DBN)

Energy sector ETF on pace to cap August with worst daily loss of the month
(DBN)

Failing oil companies taking bites out of county tax revenue
(DBN)

____________

Politics:

Trump To Mexico Trump vows ‘no amnesty’ for illegal immigrants in fiery Phoenix speech Trump: Mexico doesn't know it yet, but it's paying for the border wall Mexican president: I told Trump we wouldn't pay for his border wall Donald Trump’s obsession with Mexico just got him a meeting with its president Donald Trump's visit may already be a lose-lose situation for Mexico's president The Bizarre Words of Donald Trump’s Doctor Donald Trump started to describe his education policy. Then he never finished his sentence. Trump Kids Should Sue Their Father, Geoffrey Zakarian Says in Deposition If Donald Trump ‘moderates’ his views, he’ll still be extreme Trump Calls Democratic Party the ‘Party of Slavery’ Why “New Trump” Isn’t So New Mark Cuban lays out why he believes Donald Trump 'won’t and can’t' release his taxes
(DBN)

The Clinton Foundation is not a campaign finance problem Hillary Clinton’s unfavorable ratings slump to worst in her quarter-century in public life Hillary Clinton emailed classified information after leaving State Department Hillary Clinton's Wisconsin lead over Donald Trump is shrinking
(DBN)

The stark and growing racial divide in American politics, in 2 charts Why race and identity will remain the dividing line in American politics for a while to come
(DBN)

Reuters Poll: Presidential Race Again Neck and Neck
(DBN)

____________

Healthcare:

Elizabeth Warren just demanded Mylan come clean about one of the biggest secrets in pharma
(DBN)

____________

Metals:

Horsehead creditors and shareholders spar in bankruptcy court
(DBN)

____________

Pensions:

Kentucky's Public Pension Faces Insolvency With Biggest Shortfall in US
(DBN)

____________

Lehman:

Lehman Brothers Wants Billions In RMBS Claims Wiped Out
(DBN)

____________

Fraud:

Founders of Imogene + Willie Jeans Accused of Fraud
(DBN)

____________ 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 (21 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)

______________

Bankruptcy Statistics:

BK SD TX In The Lead In Ch. 11 Filings
(DBN)

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Claims Trading:

Claims Trading Activity (scroll down)
(DBN)

____________

TBTF:

Federal Reserve: JP Morgan’s bankruptcy plan threatens America’s financial stability
(DBN)

____________

Exemptions:

Frost on Homesteads in Chapter 13 Extended to Exempt IRAs in Chapter 7
(DBN)

____________

Gambling:

Full 7th Circ. Won't Review $16.5M Centaur Ch. 11 Clawback
(DBN)

____________

Awards:

IWIRC Announces 2016 "Rising Star" Award Finalists
(DBN)

____________

Solar:

SunEdison Yieldco Avoids Event of Default on Notes
(DBN)

What Happens to SunEdison Inc If It Goes Under?
(DBN)

___________

Autos:

Tesla is Almost Out of Cash Again
(DBN)

____________

Student Debt:

Obama Student Loan Bailout Imposes Millennial Tax On Middle Class Families
(DBN)

Never Let a Student Loan “Crisis” Go to Waste
(DBN)

____________

UK:

Allen & Overy climbs FTSE 100 adviser rankings as Slaughters retains top spots
(DBN)

Brexit triggers rise in bankruptcy forecast
(DBN)

____________

EU:

Eurosceptics are salivating at the idea of 'Irexit' after Apple's shock $14.5 billion EU-Ireland tax bill
(DBN)

What just happened to Apple, explained EU Apple Tax Ruling Stirs Fears of Revenue Loss in U.S. Apple CEO Tim Cook on EU’s tax ruling: ‘Total political crap’
(DBN)

Apple drafts in Freshfields as it faces 13bn EU tax bill
(DBN)

____________

Canada:

Canada's economy just had its worst quarter since the financial crisis
(DBN)

Oil Rally Sparks Surprise Drop in Bad Loans for Canadian Banks
(DBN)

Bankruptcy trustees busy amid slowdown in Saskatchewan's oilpatch
(DBN)

Twin Butte Energy headed for bankruptcy
(DBN)

Consumer insolvency rate jumps 43% in Alberta
(DBN)

If Alberta’s NDP are so concerned about the environment, where are they on the abandoned well issue?
(DBN)

____________

Africa:

Africa's biggest economy has crashed into recession
(DBN)

____________

MENA:

UAE bankruptcy law may be finalized by end-2016 UAE bankruptcy law on the way to help indebted SMEs, economy minister says
(DBN)

____________

China:

We've just received a warning about the great hope for China's economy
(DBN)

China August factory activity rises to near 2-year high, official survey shows
(DBN)

____________

Brazil:

Prosecutors ask Brazil's Oi to suspend shareholders meeting
(DBN)

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