September 27, 2016

The Daily Bankruptcy News

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Law:

Houston lawyer goes on shooting rampage, 9 hurt Gunman shot dead in Houston after opening fire on vehicles, injuring several Houston PD: Gunman in Morning Shooting Spree Was Reportedly A Lawyer Officers fatally shoot lawyer who opened fire at strip mall; he had law firm ‘issues,’ police say Lawyer Reportedly The Gunman Behind Shooting Spree In Texas Police identify gunman behind mass shooting in southwest Houston as lawyer Man ID'd as Houston Gunman Was a 'Good, Competent Lawyer,' Ex-Partner Says Houston Shooter, a Lawyer, Was Wearing Uniform With Nazi Symbol
(DBN)

Ex-Clients Sue Greenberg Traurig After Disqualification
(DBN)

The World's Best Legal Brands
(DBN)

The Global 100: The Richest Law Firms In The World (2016)
(DBN)

Fox Rothschild Nabs McGuireWoods Restructuring Atty
(DBN)

One Mega-Firm Dragged Legal Industry Ranking: Report
(DBN)

Ken Starr Is Just Making Everything Worse
(DBN)

Bankruptcy Lawyer: How To Slow Your Mind When It’s Going At 150 MPH
(DBN)

Study: Costs Matter More to Female GCs
(DBN)

Three Bankruptcies and More Big Firm Creditors, Even Bingham
(DBN)

Federal Judge Nixes Some Claims, Allows Others, Against Dentons
(DBN)

Proskauer aims to help lawyers returning from caregiver leave with this benefit
(DBN)

Wow! Biglaw Firm Offers Parents MORE Pay For Doing LESS Work
(DBN)

FL: Action 9 investigates well-known bankruptcy law firm
(DBN)

Dentons Announces U.S. Leadership Change
(DBN)

Cadwalader Litigation Leader to Join Willkie Farr
(DBN)

Reed Smith continues to ramp up bankruptcy hiring in Houston
(DBN)

Speed Matters In Law School Exams: More Words = Higher Grades
(DBN)

Prolixity And The Conservation Of Ambiguity
(DBN)

Christie’s ‘Enforcer’ Takes Credit for Bridgegate Plot
(DBN)

People Are Drilling Headphone Jacks Into the iPhone 7
(DBN)

A former FBI hostage negotiator describes the silent signals someone is lying to you
(DBN)

What separates a “great” lawyer from a merely good one?
(DBN)

Woman Found With Husband’s Entrails In Her Carry On Luggage . . . Officials Declare No Law Has Been Broken
(DBN)

Disruptive plane passenger is arrested with help of onboard sheriff
(DBN)

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Judges:

Federal judge says it’s ‘outrageous’ that BigLaw firm sent associate to court Federal Judge Reams Junior Associate Because Biglaw Firm Refused To Send A Partner To Court
(DBN)

Making SCOTUS Even Greater: Trump’s Supplemental Supreme Court Shortlist
(DBN)

Judge Clears Path for PACER Overcharge Suit
(DBN)

After A Very Bad Year, Americans Like The Supreme Court Again, Survey Finds
(DBN)

How Clinton’s or Trump’s Nominees Could Affect the Balance of the Supreme Court
(DBN)

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Wall Street:

U.S. stocks headed for lower open as oil-price drop zaps debate relief rally
(DBN)

US stocks close sharply lower as all eyes turn to debate; financials lag Here's the markets' biggest fear about the debate ... and beyond
(DBN)

Here's how much the top Wall Street banks have earned in fees this year
(DBN)

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Layoffs:

Hundreds laid off at Chicago-based Motorola Mobility
(DBN)

Airline services company to lay off 90
(DBN)

Westmoreland Coal to cut 250 jobs
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Autos:

Bankruptcy issue may drag out Takata rescue Takata Corp Might Be In Bigger Trouble Than Expected — Bidders Looking For Bankruptcy Takata Meets Global Carmakers Seeking Resolution to Recall Crisis
(DBN)

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Healthcare:

Dougherty Buys Memory Care Project in Virginia Out of Bankruptcy
(DBN)

Oklahoma hospital files for bankruptcy
(DBN)

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Steel:

Essar Steel Algoma Extends Debtor-in-Possession Financing
(DBN)

Davis Polk Advises Lenders in Connection with Essar Steel Algoma, Inc. Restructuring Support Agreement and Upsizing and Extension of Debtor-in-Possession Credit Facility
(DBN)

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Currency:

“It’s Virtually Money!” Federal Judge Rules ”Bitcoins” Qualify as Money
(DBN)

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Electricity:

Will a $275 million question derail NextEra's plan to buy Oncor?
(DBN)

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Lehman:

Lehman Fights $23M Interest Demand Over Reinsurance Claim
(DBN)

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Hollywood:

'Masterminds' Premiere: Ryan Kavanaugh 'Relieved' at Relativity's Post- Bankruptcy Coming Out Party
(DBN)

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Economy:

World Trade Seen Growing at Weakest Pace Since Financial Crises WTO cuts trade forecast by a third
(DBN)

Study: Credit Card Debt on Pace to Reach Record High This Year
(DBN)

Here's what the combined wealth of everyone in the entire world looks like
(DBN)

Texas Business Execs: The economy is still a 'big concern'
(DBN)

Millions of Americans Climbed Out of Poverty Last Year
(DBN)

U.S. Auto Sales Continue to Show Signs of Little Growth
(DBN)

Why lower oil prices didn't ignite an economic boom
(DBN)

7 Reasons the Middle Class is in Big Trouble
(DBN)

The Top 1% By State, Metropolitan Area, And County
(DBN)

US Debt Clock
(DBN

World Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Ninth Circuit Will Rehear Bankrupt Affordable Housing Case
(DBN)

Sales of new homes tumbled 7.6 percent in August US new home sales fall in August but trend still positive New-home sales were second-highest since recession after falling in August
(DBN)

Here's Why Deutsche Bank Shares Are Tanking Why Deutsche Can't Bank on Germany in Fight with US
(DBN)

SEC Drops Claims TMST Mortgage Execs Hid $428M Loss
(DBN)

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Municipalities:

Emergency management doesn’t work for schools, says former Benton Harbor EM
(DBN)

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Oil/Gas:

Oil And Gas Bankruptcies Set To Double This Year
(DBN)

Forget the OPEC oil freeze — worry about the thaw in output
(DBN)

Houston boss, billed the 'world's grumpiest,' has died
(DBN)

Desperate Saudi Arabia Offers To Cut Production By 500000 Barrels OPEC Production Deal May Be On Hold
(DBN)

Oil prices slide more than 1% after Iran, Saudis douse hopes for production deal Goldman Sachs trims its oil price forecast as supply surplus grows
(DBN)

Hercules Lenders Deny Pushing Driller Into Ch. 11
(DBN)

Why Oil Could Rise 35%
(DBN)

Two Years Into Oil Slump, US Shale Firms Are Ready to Pump More
(DBN)

UK industry group slashes oil estimate as price drop hits investment
(DBN)

Paragon Offshore Confirmation Do-Over To Begin Tuesday
(DBN)

Energy XXI Gets Nod To Poll Creditors On Ch. 11 Plan
(DBN)

Oil price plummet pushes Saudi Arabia to slash minsters' pay
(DBN)

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Politics:

It's A Dead Heat
(DBN)

Goldman: Trump vs. Clinton is the biggest fight since Mayweather vs. Pacquiao
(DBN)

The Presidential Debate Will Be Fact-Checked in Real-Time Clinton accuses Trump of having 'dodgy accounts' as he lays into her over email scandal Fact Check: Trump, Clinton deny their own words in debate Fact Check: The facts behind the first presidential debate Fact-checking Trump vs. Clinton at first presidential debate FactChecking the First Debate Trump Takes the Bait and Hooks Himself Trump's Strengths Didn't Help Him This Time Trump Scored One Point in the Debate as Clinton Stumbled on Iran One Candidate Rose to the Occasion. Guess Which. The Art of the Debate: Stick With Policy Trump tried to deny he said climate change was Chinese hoax, but he was felled by his own Twitter At debate, Trump and Clinton clash on how to remake the economy Markets declare Hillary Clinton the winner of first debate
(DBN)

How Clinton and Trump compare on all the hot-button issues this election
(DBN)

How Trump Rides on Waves of Other People's Money Donald Trump's Tax Returns May Be Hiding This Bombshell from the 1990s How Mark Cuban Went from Trump Supporter to Chief Troller The Top 3 Trump Scandals a Democratic Senate Will Investigate Donald Trump bragged at the debate about not paying taxes and taking advantage of bankruptcy laws Did Trump really just suggest that China should invade North Korea? Trump Slams Yellen's Fed Again, This Time on a Much Bigger Stage Trump's Immigration Views Aren't 100% Balderdash 10 of Donald Trump's most outlandish quotes on key issues Senate's top Democrat: 'Donald Trump is a racist' Trump’s a businessman — but where’s his business backing?
(DBN)

Poll: Clinton leads Trump among likely voters ahead of first debate Why Billionaires Favor Clinton over Trump Here's the Clinton campaign spin on her narrowing poll numbers
(DBN)

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Gambling:

Caesars 'optimistic' on deal with bankrupt unit's creditors
(DBN)

Caesars Bond Rises to Three-Year High as Bankruptcy Deal Nears
(DBN)

Caesars Entertainment announces economic terms of proposed restructuring plan Caesars finally makes a deal to restructure debt Caesars Reaches Restructuring Deal With Its Major Creditors Is Caesars' Deal Enough To Ensure Long Term Survival?
(DBN)

Caesars owners play a rare game of Texas fold ‘em
(DBN)

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Solar:

SunEdison in Talks With Yieldcos Over $3 Billion in Claims
(DBN)

Donald Trump Goes Solar on Hillary Clinton During the First Debate
(DBN)

Bankrupt SunEdison sells MN solar garden projects for almost $80M
(DBN)

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Music:

Rdio's Bankruptcy: A Labyrinth of Financial Winners, Losers and Lawsuits Both Threatened and Real
(DBN)

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Aviation:

Monarch Airlines denies "negative speculation" that it is going bust
(DBN)

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Retailing:

Neiman Marcus Blames Fashion Bloggers for Its Sales Woes
(DBN)

Will boom in loans at retailers, manufacturers turn to bust?
(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 (17 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (9 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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Environmental:

Successor to Bankrupt Company Saddled with Pre-Bankruptcy Environmental Claims
(DBN)

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Litigation:

Does an Emailed Copy of a Complaint Start the 30-Day Removal Clock?
(DBN)

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Bankruptcy Books:

What Kills Companies?
(DBN)

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Bankruptcy Statistics:

Weekly Claims Trading Activity (scroll down)
(DBN)

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Shipping:

Rothschild to help find buyer for majority stake in ABG Shipyard
(DBN)

Bankruptcy Woes: Hanjin Makes Waves Across the World
(DBN)

Hanjin bankruptcy could lead to further insolvencies along the supply chain
(DBN)

KAL/Hanjin: abandon ships
(DBN)

Stranded sea cadets set to come ashore
(DBN)

Maersk May Target Hanjin, Hyundai in New Acquisition Plan
(DBN)

Creditors seek to wind up Otto Marine's Aussie units
(DBN)

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Banking:

Wells Fargo's CEO Would Make Over $100 Million Even if He Was Fired for Phony Accounts John Oliver Decimates Wells Fargo's John Stumpf
(DBN)

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Telecoms:

BlackBerry CEO Says Turnaround Two-Thirds Complete
(DBN)

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Mining:

Magnetation bankruptcy settlement delayed
(DBN)

$5M In Financing Keeps Molycorp Minerals Alive In Ch. 11
(DBN)

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Fraud:

NV: Former governor's son accused of running Ponzi scheme
(DBN)

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Hedge Funds:

Richard Perry Walks Away, Hoping He'll Get a Shot at Vindication Fund manager Perry Capital to liquidate its hedge funds
(DBN)

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Banking:

Wells Fargo Workers Claim Retaliation for Playing by the Rules
(DBN)

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Awards:

Global Legal Award Winners Announced. And the Winners Are...
(DBN)

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Sovereigns:

Argentina Still Haunted by Default Legacy as German Suit Looms
(DBN)

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UK:

The pound fell back to near Brexit lows
(DBN)

Reality star Noelle Reno says bankrupt boyfriend 'desperate' before death plunge
(DBN)

Monarch 'saved' – but could yet be sold off: Budget airline forced to deny that it was close to bankruptcy Monarch Airlines seeks funding amid cash squeeze fears
(DBN)

A Hammering Lurks for U.K. Retail
(DBN)

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EU:

Breaking bad: Tackling European NPLs
(DBN)

Deutsche Bank's Pain Is Germany's Too
(DBN)

Germany "Other" Bank: Commerzbank To Fire 9,000
(DBN)

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PIIGS:

Monte Paschi Considering Voluntary Debt Swap in Capital Plan
(DBN)

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Canada:

Stelco restructuring: Explaining a process that favors creditors
(DBN)

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MENA:

Saudi puts forward new bankruptcy draft law
(DBN)

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Bahamas:

Baha Mar Expat Staff Face October 31 Wait
(DBN)

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China:

Beijing unveils first bankruptcy tribunal
(DBN)

China industrial profits rise most in three years as economy shows signs of stabilizing
(DBN)

When deals go bad: China state firm managers spooked by new liability rules
(DBN)

State asset manager says Guangxi Nonferrous bankruptcy in 'spirit' of reforms-Caixin
(DBN)

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