September 2, 2016

The Daily Bankruptcy News

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Due to the Labor Day holiday, The Daily Bankruptcy News will not publish on Monday September 5, 2016



Law:

What Litigation Finance Is Really About
(DBN)

A Small but Puzzling Improvement in Bar Exam Scores July 2016 Bar Exam Scores Rise, But Remain Near All-Time Low Amidst Declining LSAT Scores
(DBN)

Here's how much surgeons, lawyers, and 17 other top-earning professionals make per hour
(DBN)

At BASF, It's Alt-Fees or Firms May Not Get the Work
(DBN)

Despite High Satisfaction, Pa. Midlevel Associates Gripe Over Pay
(DBN)

Law Firm Replaces On-Campus Interviews With Speed Dating
(DBN)

How To Get Paid As In-House Counsel Without Working
(DBN)

Don't underestimate the value of comedy in the courtroom
(DBN)

Everything we know about the iPhone 7 Apple will announce next week
(DBN)

Legal Technology Conference Wages War On Most Popular Technology In America
(DBN)

Disruptive Technology is Reshaping Legal Market, Says ILTACON Keynoter
(DBN)

Putting AI in law practice
(DBN)

How much money can you make in different practice areas?
(DBN)

New York’s Most Notorious Nightclub Is Back, Minus the Drugs but With More Lawyers
(DBN)

If you hate networking, you're approaching it all wrong
(DBN)

Georgetown To Treat Descendants Of Slaves They Owned Just Like Any Other Legacy Applicant
(DBN)

Woman accused of beating her son with a coat hanger claims she is protected by religious freedom law
(DBN)

John Hinckley Nears Freedom
(DBN)

Fourth person pleads guilty in BigLaw firm scam
(DBN)

Patient who stole ambulance to drive home is going to prison
(DBN)

Judge rules Aurora shooting victims have to pay a giant theater chain $700,000 in legal fees
(DBN)

Man Rejects Plea Deal, Gets 40 Years
(DBN)

Ex-Subway pitchman Jared Fogle is suing his victim's parents
(DBN)

Biglaw Associate Sues Airbnb, Victoria’s Secret Model
(DBN)

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Judges:

Bankruptcy Judge Vacancy: BK MD
(DBN)

Federal judge issues footnote warning, threatens to toss pleadings using wrong format
(DBN)

BK SD GA Newsletter
(DBN)

Could A Legal Love Triangle Scuttle SCOTUS Hopes For This Leading Jurist?
(DBN)

New Mexico high court urges judges to be discreet on social media
(DBN)

Judge Punished for 'Intolerable Behavior' After She Jailed Domestic Violence Victim
(DBN)

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Wall Street:

Wall Street poised for small gains with key jobs report ahead
(DBN)

Global markets brace for US jobs data, seeking Fed clues
(DBN)

Stocks close mostly flat as jobs report approaches
(DBN)

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Layoffs:

Wal-Mart to cut 7000 U.S. store back-office jobs
(DBN)

Kenyon lays off associates and staffers in advance of Andrews Kurth acquisition
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Fraud:

August 2016 Ponzi Scheme Roundup
(DBN)

US bankruptcy court hears of Providence problems
(DBN)

Simi Valley Ponzi scheme victim awarded $15M, MetLife held responsible
(DBN)

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Shipping:

Hanjin ships, cargo and sailors stranded at sea
(DBN)

Hanjin’s Ships Worth $1.7 Bln
(DBN)

Claims against Hanjin flood in as customers seek their cargo
(DBN)

More Hanjin ships seized, as freight rates surge and cargo owners fret
(DBN)

Cargo ships unable to deliver goods to SoCal after shipper files bankruptcy
(DBN)

Bankruptcy of Hanjin, key Port of Seattle customer, worries retailers Port of Seattle, Amazon scrambling after major shipper goes bankrupt
(DBN)

Hyundai Ships Take Cargo Delayed by Rival Hanjin's Bankruptcy
(DBN)

South Korea’s Hard Line on Hanjin Shipping Signals New Attitude
(DBN)

Hanjin bankruptcy brings chaos More Hanjin ships seized, as freight rates surge and cargo owners fret Hanjin Ships Get Stranded in High Seas, Roiling Supply Chain Hanjin Captains Ordered To Slow Steam Or Drift To Avoid Arrest Hanjin bankruptcy preventing empty containers from moving to Asia Retailers Urge Federal Action to Prevent Significant Cargo Disruptions
(DBN)

Shipshape? What you need to know about Hanjin's troubles
(DBN)

The Bankruptcy Of A Company You’ve Probably Never Heard Of Could Make Christmas More Expensive
(DBN)

Hanjin bankruptcy gives shippers crash course in risk mitigation
(DBN)

As Hanjin Collapses, Creditors Race to Court
(DBN)

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Healthcare:

A Cure for Swelling Drug Prices: Competition EpiPen Maker Mylan Tied Executive Pay to Aggressive Profit Targets
(DBN)

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Solar:

SolarCity advisor Lazard made mistake in deal with Tesla
(DBN)

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Debt Collection:

CFPB’s Debt Collection Proposal an Industry Overhaul
(DBN)

Adventures in Domesticating Judgments
(DBN)

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Celebs:

Departure Of Maddie Ziegler To Result In Dance Moms’ Failure?
(DBN)

17 ’80s and ’90s Stars Who Went Broke
(DBN)

How Elon Musk's fortune shrank by $779m in one day
(DBN)

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Food/Beverage:

Why the Logan's Roadhouse bankruptcy has the Titans concerned
(DBN)

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Economy:

Weekly Initial Unemployment Claims increased to 263,000
(DBN)

US Manufacturing Contracts
(DBN)

The US economy may not be as strong as it appears
(DBN)

ISM Manufacturing index decreased to 49.4 in August
(DBN)

Fed's Mester says case for rate increases is compelling
(DBN)

Mohamed El-Erian is right: The Fed is about to hike, economists say Sept rate hike won't happen unless jobs hit 300k or more, expert says The Fed finds itself with more questions than answers
(DBN)

What the jobs report will tell us about the Fed and the economy
(DBN)

10 Facts About American Workers
(DBN)

IMF Signals Another Downgrade to Global Growth IMF urges 'forceful action' from G20 to escape low- growth rut IMF's Lagarde warns G20 to avoid 'low- growth trap'
(DBN)

This chart will scare anyone worried about the global economy turning Japanese
(DBN)

Why transatlantic trade deal faces stiffening wind from Europe
(DBN)

U.S. Productivity Drop in Second Quarter Revised to 0.6% Rate
(DBN)

Americans are ‘thriving’ in record numbers, poll shows. Thanks Obama?
(DBN)

The crutch holding up the US economy is about to be 'kicked away'
(DBN)

Meet the next wave of workers who are taking over your office
(DBN)

Reid Warns of Government Shutdown
(DBN)

US Debt Clock
(DBN

World Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Construction Spending unchanged in July
(DBN)

Mortgage rates wander higher but remain near yearly lows
(DBN)

FTI: Economic & Real Estate Report – 2Q 2016
(DBN)

Trustee named for Railyard Co.
(DBN)

FTC permanently bans brazen mortgage modification scammers
(DBN)

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Municipalities:

Puerto Rico Bonds Risk Court Workout If Consensus Eludes Panel
(DBN)

The Puerto Rico Oversight Board Has Been Appointed (Sell on the News)
(DBN)

It Looks Like Illinois' Credit Rating Is Only Getting Worse
(DBN)

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Oil/Gas:

SandRidge bankruptcy heads to showdown with shareholders
(DBN)

Oil Prices Slide as Oversupply Comes Back into Focus US crude oil falls toward $43 as high stocks offset talk of curbing output Oil holds near lowest levels in three weeks Oil prices set for worst week since January
(DBN)

Oilpatch mergers and acquisitions deals increase for all the wrong reasons
(DBN)

Saudis Are Sick Of Cheap Oil , Losing Billions Of Dollars Oil rises as Saudi Arabia says it's optimistic about common position on output
(DBN)

U.S. oil and gas production crash continues
(DBN)

Russia balking at oil production freeze Putin calls on oil producers to cap output
(DBN)

Crude oil is having a brutal week
(DBN)

PetroQuest Skips Interest Payment, Could Consider Bankruptcy
(DBN)

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Politics:

Why This Economy Needs Donald Trump Donald Trump is starting to noticeably cut into Hillary Clinton's once-gigantic lead in the polls These swing state polls spell trouble for Trump Trump Meets With Mexican President But Dispute Emerges Over Wall Donald Trump Vows Deportations After Easing Tone in Meeting With Mexican President Enrique Peña Nieto The Real Reason Peña Nieto Fears a Trump Presidency Trump baits ex-Mexican President Fox on Twitter—the response doesn't disappoint On Immigration, Trump Chose His Base Over Electability Half of Trump’s Hispanic advisory board threatens to bolt after immigration speech Trump Loses Key Texas Hispanic Backer Trump: I'll Deport Millions in First Hour in Office Maybe Trump wants to win the room more than the Electoral College Donald Trump’s Deportation Nation Mexican president says he told Trump NAFTA is good for both Mexico and US Donald Trump Dealt With Members of Organized Crime Pariahs for Donald Trump Tim Kaine: Trump ‘Didn’t Have the Guts’ to Raise Wall Issue With Mexican President Trump’s Media Saturation, Quantified Trump's Mexican pivot: It's about jobs and votes Donald Trump's immigration speech led at least one of his top Latino advisers to quit Trump Fact Check: The number of illegal immigrants "could be 3 million. It could be 30 million." Mark Cuban engages in a nearly daylong Twitter war with Donald Trump's top lawyer
(DBN)

Clinton charity has top-notch finances, watchdog group says Anti-Clinton wave surges in PA, but she's still ahead Clinton Ties Trump in Unfavorable Ratings Politico Stands by Clinton Expose
(DBN)

The infamous hacker who exposed Clinton's email server is going to prison for 4 years
(DBN)

Alt-Right Because Nazi, Klan Sound Too Harsh
(DBN)

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Coal:

CoBank claims more than 20% of US coal production may be curtailed
(DBN)

Montana US House candidates clash over coal in debate
(DBN)

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Fashion:

How a plus-size clothing label dug out of bankruptcy
(DBN)

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Convenience Stores:

Western Convenience Stores Set to Emerge from Chapter 11
(DBN)

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Travel:

The absolute best thing to wear if you travel often for work
(DBN)

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Metals:

Bankruptcy judge scolds zinc producer for not seeking bids
(DBN)

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Weather:

Hurricane Hermine hammers Florida, leaving thousands without power
(DBN)

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Radio:

After filing for bankruptcy , KUSP seeks buyer for license
(DBN)

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New Bankruptcy Opinions
(10 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Chapter 7, 12 & 13 Private Trustee Locator
(DBN)

Recent Ch. 11 Filings (13 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (5 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:

Buffalo bankruptcy filings turned higher in August
(DBN)

Toledo: Bankruptcy filings up 3% in August in region
(DBN)

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Jurisdiction:

Appellate Court Vindicates Insurers’ Position That Coverage Dispute Is Not A Core Bankruptcy Matter
(DBN)

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Mediation:

Incongruity = What’s With Bankruptcy Courts Ignoring Federal Mediation Law?
(DBN)

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Awards:

Jenner & Block Firm Chairman Anthony Valukas Receives American Lawyer’s Lifetime Achievement Award
(DBN)

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Cross-Border:

Dell Can't Bring Discovery Dispute To 3rd Circ., Judge Says
(DBN)

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Sales:

Credit Bidding Not Quite So Risky After All
(DBN)

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Appeals:

Denial of Motions to Dismiss Petitions: Are They Final or Not?
(DBN)

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Pensions:

Debt Owed to 401(k) Plan Not Dischargeable in Bankruptcy
(DBN)

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Construction:

Two years after bankruptcy , Trulands agree to pay $4.9 million over artwork dispute
(DBN)

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Student Debt:

Student Loan Delinquencies Since 2013
(DBN)

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Retailing:

Aeropostale Auction Closes With a $243.3 Million Bid Teen Retailer Aeropostale Avoids Bankruptcy Liquidation Consortium's $243.3 million bid wins Aeropostale auction
(DBN)

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Banking:

Banking poses shrinking risk to taxpayers Is the Banking System Stable? FDIC Data Give Warnings
(DBN)

U.S. banks turn in most profitable quarter in history
(DBN)

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Sovereigns:

Sovereign Debt: A Cryonic Solution to the Holdout Problem
(DBN)

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UK:

Sterling soars after stunning UK PMI survey
(DBN)

Ex-City trader ordered to pay £2.2m for hiding assets in bankruptcy
(DBN)

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EU:

EU M&A may alleviate banks’ pain
(DBN)

Apple’s Cook Confident of Tax Fight Victory as Irish Dither Apple drafts in Freshfields for EU tax battle 'No one did anything wrong here and Ireland is being picked on... It is total political crap' - Apple chief Tim Cook Stiglitz slams 'dishonest' Apple and ‘totally irresponsible’ Tim Cook
(DBN)

EU Commissioner Warns Other Firms Could Get Apple Tax Treatment
(DBN)

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Canada:

A strategic default might be a good idea if you live in Alberta
(DBN)

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MENA:

UAE bankruptcy law likely by December: economy minister
(DBN)

Legislation on bankruptcy is just the start
(DBN)

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Nigeria:

A day after Nigeria entered an official recession, its oldest working airline is closing shop
(DBN)

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Russia:

Russia Default Risk Falls to Lowest Since August Crimea Flare-Up
(DBN)

Russians purchased 500,000 baseball bats in one year — but only one ball: report
(DBN)

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China:

China's Warren Buffett called one of country's fastest-growing industries 'basically a scam'
(DBN)

The world's biggest hedge fund expects a bust in China
(DBN)

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Bahamas:

Hitting Payment Dates Key To Baha Mar Deal 'Validity'
(DBN)

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Brazil:

Brazil government gaining clout in contentious Oi bankruptcy
(DBN)

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India:

Billionaire Urges $15 Billion Haircut for Indian Bad Debt
(DBN)

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