September 19, 2016

The Daily Bankruptcy News

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Law:

Bruce Springsteens of Law? That's What This Big Firm Wants to Be
(DBN)

Litigation Finance: Bankruptcy's Best-Kept Secret
(DBN)

Want law firm work-life balance? Parents and management should work together, says Justice Ginsburg
(DBN)

Are You Sabotaging Your Lateral Move?
(DBN)

To Win, Work The Way That Works For You
(DBN)

DLA Piper to crack down on slackers with 'red card' system
(DBN)

Who is the Most Famous Practicing Lawyer in Big Law?
(DBN)

Law Firm Financing on the Stand: Controversial Financing Enables Firms to Withstand Long-Term Litigation
(DBN)

Growing Your Practice: Business Development Strategies For Small Law Firms
(DBN)

A Terrible Excuse For Terrible Bar Exam Results
(DBN)

4 Lessons From The Fall 2016 Law School Admission Cycle
(DBN)

Dear Law Professors: Please Stop Hiding the Ball
(DBN)

Law Schools Cut Tuition to Entice Applicants
(DBN)

Florida Law Prof Writes 24-Page Critique Of Graduate Tax Program: Go Online Or Shut Down — 'Hiring More Tax Faculty Is Like Hiring More Sailors To Man The Titanic Once It Has Hit The Iceberg'
(DBN)

On My Hypocrisy and Effecting Change in Law Firms
(DBN)

The ABC News ’20/20′ Segment On The Dan Markel Murder Case
(DBN)

Invoke Aims to Replace M&A Lawyers With Robots
(DBN)

In Jim Cooley’s open-carry America, even a trip to Walmart can require an AR-15
(DBN)

ACLU sues Kansas City school district for handcuffing a crying 7-year-old
(DBN)

Suspended lawyer charged with carrying loaded gun into courthouse on day of his disbarment hearing
(DBN)

This Hedge Fund vs. Ex-Employee Lawsuit Has EVERYTHING
(DBN)

Law firm: "We tread water for three days in a row"
(DBN)

Guess How Much That Anti-LGBTQ Law Is Costing North Carolina
(DBN)

Police Announce First Arrests Behind Terrifying ‘Klown’ Threats on Social Media
(DBN)

Apple Subtly Dials Up iPhone Costs Some people's iPhone 7's are making a weird hissing noise
(DBN)

Police Say Teens Live-Streamed Daylight Armed-Robbery of 64-Year-Old Man
(DBN)

New York attacks prompt fears over ‘lone wolf’ terror assaults New explosion in New Jersey as police discover 5 devices Minnesota mall stabbing could be realization of terror fears This is what the homemade bombs in New York City were made of
(DBN)

Yelp: Lawsuit Could End Critical Reviews
(DBN)

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Judges:

Judge Employs Emojis And Simple Language In Opinion And It’s Terrific
(DBN)

Justice Ruth Bader Ginsburg Thinks Biglaw Firms Have A Long Way To Go In Terms Of Work/Life Balance
(DBN)

Is The Supreme Court Ever Actually Going To Be An Election Issue?
(DBN)

Elena Kagan Keeps It Real, Says Having An Eight-Member Supreme Court Is Not ‘Cost-Free’
(DBN)

We should elect Supreme Court justices: Glenn Reynolds
(DBN)

For This Judge, the Civil Rights Movement Isn't History
(DBN)

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Wall Street:

US stocks set for gains as oil rallies
(DBN)

US stocks close lower, preserve gains for week
(DBN)

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Layoffs:

Bath Iron Works: 1200 jobs could be at risk
(DBN)

Rolls-Royce to cut 200 more management roles
(DBN)

Bridgewater Isn’t Laying Off Employees, It’s “Renovating” The Company
(DBN)

Hesperus coal mine lays off workers
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Shipping:

This is what happens when a shipping company goes bust
(DBN)

Hanjin bankruptcy is the tip of the iceberg for flailing shippers Shipping service sector faces choppy waters Stormy Seas Ahead For Shippers Following Hanjin's Bankruptcy
(DBN)

DryShips: The End Of The Road?
(DBN)

Family's belongings stranded on Hanjin ship off LA coast
(DBN)

Debt plans call for Hanjin to make sharp cuts in its owned fleet Hanjin Aims to Sell More Than Half Its Ships Hanjin Cuts Fleet as Court Advises Return of Chartered Ships All Hanjin Shipping chartered vessels to be returned to owners after unloading-judge
(DBN)

Hanjin's stranded ships now down to 34 30% of Hanjin ships unloaded Hanjin Unloads More Cargo, Easing Supply-Chain Fears
(DBN)

Shareholder unable to decide how to pump cash into Hanjin Shipping
(DBN)

Britain's biggest freight port accused of profiteering from recent multi-billion pound collapse of shipping giant
(DBN)

Hanjin Shipping Co., Ltd: Liquidation or a Different Path?
(DBN)

US Court Tells Bunker Suppliers They Cannot Arrest Hanjin's Owned or Chartered Vessels
(DBN)

5 Key Questions Raised By Hanjin Shipping's Bankruptcy
(DBN)

Why the $90M cash injection by Hanjin shareholders may not be enough
(DBN)

Rickmers May Face Liquidation
(DBN)

The Right to Countersecurity from a Debtor in Bankruptcy
(DBN)

Shipbuilding in the doldrums
(DBN)

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Education:

ITT Educational Services Files for Bankruptcy After Aid Crackdown
(DBN)

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Retailing:

Mall operators agree to slash rents to keep more Aeropostale stores open Bankrupt Aeropostale to keep 75 percent more stores open Unusual deal gives Aeropostale new lease on life — and it just got better
(DBN)

How Bad Will Retail Be Hurt by Hanjin's Bankruptcy?
(DBN)

Unredeemed Gift Card Holders Denied Bankruptcy Priority Status
(DBN)

Chapter 11 Watch: Aéropostale Deal OKed, Golfsmith Files And Imports Still Strong
(DBN)

Claire’s Misses Debt Payment as Lender Balks at Bond Swap
(DBN)

Antares Agents $135MM DIP for Golfsmith
(DBN)

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Economy:

Once again, the rosy view on U.S. economy wilts
(DBN)

Number of New Businesses Falling in US
(DBN)

Uh-Oh, We’re Racking Up Credit Card Debt Like It’s 2007 Again
(DBN)

Fed's Flow of Funds: Household Net Worth increased in Q2
(DBN)

Key Measures Show Inflation close to 2% in August CPI increased 0.2% in August, Core CPI up 2.3% YoY
(DBN)

Consumers more optimistic about economy in September
(DBN)

Economic Cost of Mideast Wars Extreme: IMF
(DBN)

Why Do Famous People Get Paid $250,000 to Give a Speech?
(DBN)

US Debt Clock
(DBN

World Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

New York's 'bankruptcy baron' opens another Chapter 11 - James McGown's critics may be thrilled by his seventh trip into bankruptcy in seven years, but the serial entrepreneur says he'll come roaring back
(DBN)

Preview: Existing Home Sales
(DBN)

Mortgage Equity Withdrawal Slightly Positive in Q2
(DBN)

AR: Phil Herrington Files Bankruptcy as Attorney for Oklahoma Development
(DBN)

Deutsche Bank's $14 Billion Game of Chicken
(DBN)

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Municipalities:

Review Board: Detroit Meeting Post- Bankruptcy Requirements Detroit reaches milestone in bankruptcy recovery
(DBN)

Providence: Reckoning Time for a City’s Bad Fiscal Decisions

Atlantic City On the Brink Again: Misses Deadline
(DBN)

Of Progressive Property and Public Debt
(DBN)

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Oil/Gas:

Bankruptcy and Midstream Contracts: Contract Parties Push Back
(DBN)

Hercules Shareholders To See Bump In Recoveries Hercules Offshore Overhauls Plan to Improve Shareholder Recovery
(DBN)

Goldman Doesn't See Oil Price Recovery
(DBN)

Big Oil Was Never That Big a Money-Maker, Goldman Sachs Says
(DBN)

An Imminent Threat For Oil Prices? DUC Count: 5031 And Counting
(DBN)

Deutsche Rips Samson Unsecured Creditors' Standing Bid
(DBN)

Oil rig count ticks up slightly
(DBN)

Why the end of the oil export ban hasn't done much
(DBN)

Oil company sees the upside in oil 's downturn
(DBN)

Oil Rebounds as Libyan Fighting Thwarts Resumption of Exports
(DBN)

Turns Out That Oil Prices Don't Matter
(DBN)

135 oil companies are on edge of bankruptcy. So why is that good news?
(DBN)

N.Y. Probes Exxon’s Valuation of Oil Reserves
(DBN)

Swiber misses coupon payment on bond
(DBN)

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Celebs:

Former NBA Player Darius Miles Filed for Bankruptcy in June After Earning $66 Million In NBA Salary, Darius Miles Is Bankrupt
(DBN)

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Alternative Energy:

Noble Environmental Doesn't Expect Minority Shareholder Resistance in Bankruptcy
(DBN)

Is SunPower the Next Horrific Solar Bankruptcy or Just Misunderstood?
(DBN)

Greenko to buy SunEdison’s Indian portfolio for $315 million
(DBN)

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Corporate Reform:

Elizabeth Warren Blasts Bankers: You’re Not Too Big to Jail Senator Warren calls DOJ's financial crisis response an "abysmal failure"
(DBN)

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Gambling:

Caesars Resolves Spat Over Deferred Compensation Plans
(DBN)

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Publishing:

A $1 Billion Fashion Network Shut Down and Apparently Isn’t Paying Its Writers
(DBN)

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Golf:

Peregian Springs Golf Club hits the rough
(DBN)

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Politics:

Polls: Clinton's Huge Lead is Mostly Gone Millennials have cooled on Hillary Clinton, forcing a campaign reset Clinton’s college aid plan meets with praise and skepticism
(DBN)

Trump's Years of Promoting the Birther Issue Anchor confronts Mike Pence over Donald Trump's birtherism: 'He could've put this to bed years ago' Ford: Trump Just Making Stuff Up How Donald Trump gets away with birther conspiracy and other lies Trump Again Raises Specter of Violence Against Clinton at Rally Trump empire built on connections, $885M in tax breaks Trump Lawyers Fail In Bid To Delay Trump University Trial Trump Tax Plan 3.0 Trump Throws Out the Republican Litmus Tests The biggest beneficiaries of Trump plan to erase ‘death taxes’ may be families like his This chart shows how Trump’s ‘penny plan’ would add up to huge budget cuts President Trump Was Just JK’ing About Cutting Taxes For Hedge Fund Paper Pushers
(DBN)

Citi ups forecast for Trump win to 40%; says Clinton suffering from 'enthusiasm gap'
(DBN)

These Republicans Don't Love Trump. But They Hate Clinton.
(DBN)

Trump, Clinton and the Power of Perception. The 'No Cost' Pension Deal That Costs Billions.
(DBN)

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Healthcare:

SynCardia's $19M Ch. 11 Sale To Lender Approved
(DBN)

Zombie Lab Company Sics Bill Collectors On Doctors Who Took Kickbacks
(DBN)

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Music:

SFX May Face Beatport Investigation
(DBN)

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Fraud:

Alleged co-conspirator pleads guilty in $9M Midlothian investment scam
(DBN)

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Turnarounds:

Regaining Profitability: Five Key Steps to a Successful Turnaround
(DBN)

Wrapping it Up: How The Keystone Group Brought D&W Fine Pack Back from the Brink
(DBN)

Turnaround Managers’ Survey: The Good News: Bank Referrals Fuel Turnaround Activity The Bad News: Compared to Last Year, Fewer Opportunities Expected
(DBN)

An M&A Advisor’s Perspective: Eight Common Mistakes Companies Make During a Turnaround
(DBN)

Lenders and Turnaround Professionals: A Changing Relationship
(DBN)

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New Bankruptcy Opinions
(11 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 (23 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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Bankruptcy Statistics:

Oil & Gas Chapter 11 Filings Continued Increase in August
(DBN)

Cracking the Code: An Empirical Analysis of Consumer Bankruptcy Outcomes
(DBN)

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Avoidance Actions:

Second Circuit, Delaware Bankruptcy Court Disagree on Fraudulent Transfer Issue
(DBN)

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Sales:

Buyers Beware! Second Circuit Limits Scope of 'Free and Clear' Sale
(DBN)

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Bankruptcy Remoteness:

The Road to Chapter 11 Is Paved With Golden Shares: 'Intervention Energy'
(DBN)

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Trustees:

Law Firm Cries Conspiracy Over Ch. 7 Trustee Fees
(DBN)

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Standing:

Fifth Circuit Arguably Softens Injury Requirement for Constitutional Standing
(DBN)

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TBTF:

Bank Group: Fed Stress Tests May be Illegal
(DBN)

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Cross-Border:

Hellas Trustee OK'd To Target PE Firms In $565M Bond Fight
(DBN)

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IP:

My Intellectual Property Licensor is Bankrupt – Now What?
(DBN)

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Intercreditor:

What’s in Your Intercreditor Agreement? For First Lien Lenders, the Devil’s in the Details
(DBN)

Bankruptcy on the Side
(DBN)

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Autos:

Has VW Beat Back Its Auto Scandal?
(DBN)

Volkswagen Suits May Have German Court’s Fax Machine Overheating
(DBN)

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Consultants:

AlixPartners Opens New Houston Office Led by Roof
(DBN)

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Accounting:

SEC gears for a smackdown on bogus earnings numbers
(DBN)

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Religion:

Clergy worried legislation could bankrupt Guam's Catholic church Guam's Catholic Church in crisis over abuse claims Vatican representative pleads with people of Guam to help save church from bankruptcy
(DBN)

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Debt Collection:

Debt collection companies sued for $10 million over robocalls
(DBN)

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Banking:

‘It goes well beyond Wells Fargo’: Concerns grow over sales tactics in banking industry
(DBN)

Sen. Elizabeth Warren says Wells Fargo executives should give back bonuses
(DBN)

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Coal:

Coal enters a post- bankruptcy market. What happens then?
(DBN)

In Pa. coal country, Trump is king As Illinois' coal country teeters on brink, next president may tip balance
(DBN)

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Sovereigns:

Argentina’s debt dispute must not be repeated
(DBN)

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UK:

101 real estate firms enter insolvency
(DBN)

Brits are hoarding cash post-Brexit — and it's a 'worrying signal' for the economy
(DBN)

It's looking more likely than ever that the City of London will be cut adrift from the EU
(DBN)

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PIIGS:

Veneto Banca H1 net loss widens on risky loan writedowns
(DBN)

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Brazil:

Brazil listed homebuilder Viver files for bankruptcy protection
(DBN)

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Bahamas:

Baha Mar Staff Told: 'Take It Or Leave It'
(DBN)

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China:

China outlines rescue plan for Bohai Steel
(DBN)

China's Hebei needs state funding to aid restructuring
(DBN)

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Australia:

Court rejects KDL bid to probe liquidators
(DBN)

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MENA:

Egypt: Bankruptcy law to provide legal alternatives for debt restructure of defaulting companies, to be submitted to cabinet soon
(DBN)

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Thailand:

Business Reorganization in Thailand: Steps and Procedures
(DBN)

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India:

India’s falling exports killed 70,000 jobs in just one quarter
(DBN)

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