February 1, 2017

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Biglaw Managing Partner To Entire Firm: STFU On SCOTUS
(DBN)

Study finds law firms and corporations increasingly turning to alternative legal service providers
(DBN)

Charlotte Law Needs A Food Bank For Students
(DBN)

This Law School Has Insultingly Low Expectations Of Its Graduates
(DBN)

Daniel A. Lowenthal Named Chair of the Patterson Belknap Business Reorganization and Creditors’ Rights Practice
(DBN)

Dewey Exec Wants Ex-Firm Head On The Witness Stand Dewey Defense Seeks Ex-Chairman Davis as Retrial Witness
(DBN)

Wife of bankruptcy lawyer living in penthouse sues to keep dogs off condo elevators
(DBN)

The American Lawyer's Lateral All-Stars
(DBN)

Beyond Biglaw: Running The Numbers
(DBN)

Dechert posts revenue bump following strong show in London
(DBN)

Cornell Law trumps Harvard and Yale for highest-paid grads, study finds
(DBN)

'The hard yards start now' - Eversheds ramps up integration efforts with Sutherland as US merger goes live
(DBN)

Legal Community on Trump's Muslim Ban Sean Spicer defends detention of 5-year-old: It’s ‘misguided’ to think kids don’t ‘pose a threat’ ABA questions immigration orders, praises lawyers who swarmed airports to help More Lawsuits Against Immigration Ban On the Bright Side, Lawyers Are Suddenly Popular Only a third of Americans think Trump's travel ban will make them safer Washington State’s shrewd case against Trump immigration policy Legal Challenges to Travel Ban Face Uphill Battle Sally Yates Should be Disbarred
(DBN)

Alaska law tells divorce judges to consider well-being of pets
(DBN)

The Commercialization Of Legal Ethics, And The Avvo Defense
(DBN)

The Smartest Trip You’ll Ever Take In Your Biglaw Career
(DBN)

Lawyer is sanctioned for flinging coffee toward opposing counsel during deposition
(DBN)

Lawyer is fined for claiming he is so good in court he 'could get Stevie Wonder a driving license'
(DBN)

I don’t want to provide my boss as a reference for a job interview. How do I navigate this situation?
(DBN)

How Cravath Hardened Author James Stewart
(DBN)

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Judges:

Colorado bankruptcy judge bows out after 14 years
(DBN)

Donald Trump Supreme Court Nominee to Set Up Immediate Fight
(DBN)

Judge astonished that woman is brought to court for calling debtor a 'p----'
(DBN)

Sean Spicer: Merrick Garland’s Supreme Court snub is different because it was Obama’s ‘fourth term’
(DBN)

Trump Supreme Court Pick: It's Neil Gorsuch Meet Judge Neil Gorsuch, Trump's Supreme Court nominee Neil Gorsuch: In His Own Words Gorsuch Likely To Restore Scalia-Era High Court Balance The fight over Trump’s Supreme Court pick might go 'nuclear' Solid Conservative Is Not Seen as Divisive Gorsuch, Drawing Scalia Comparisons, Comes Under Microscope Trump nominates Judge Neil Gorsuch to Supreme Court Where Gorsuch Would Fit on the Court Neil Gorsuch, Elite Conservative Donald Trump’s Supreme Court Robe Ceremony Supreme Court Nominee Takes Legal Writing to Next Level Judge Neil Gorsuch: 7 things to know about the Supreme Court nominee 3 Gorsuch Opinions You Need To Read Right Now Trump's Supreme Court pick once criticized lawmakers for 'grossly mistreating' judicial nominees The Historical Place Of Trump’s Supreme Court Nominee Who Is Trump Replacing On The Court? Your Perspective Defines Your Reality Supreme Court pick Neil Gorsuch has troubling views on federalism and judicial review In Judge Neil Gorsuch, an Echo of Scalia in Philosophy and Style Gorsuch Pick Puts Scalia Disciple on Path to Supreme Court Seat Gorsuch's Credentials Could Prove Troubling To Opposition Like Garland, Gorsuch Deserves a Senate Vote Neil Gorsuch, the Nominee for a Stolen Seat How Trump kept Gorsuch nomination a secret until the clock struck 8 Neil Gorsuch could fall somewhere between his hero, Justice Scalia, and former boss, centrist Justice Kennedy What Judge Neil Gorsuch's Colorado colleagues think of him
(DBN)

Why Liberals Should Back Neil Gorsuch Why Democrats Should Oppose Neil Gorsuch Here’s Why It Would Be Very Stupid for Dems to Block Neil Gorsuch Former Top Obama DOJ Official Says Liberals Should Back Gorsuch for Supreme Court Democrats vow resistance to Neil Gorsuch, Trump’s Supreme Court pick
(DBN)

Trump Lowers the Dignity of the Supreme Court Donald Trump is Turning Supreme Court Announcement Into Version of The Apprentice
(DBN)

Supreme Court clerks by school, 1882-2017, 2005-2017
(DBN)

Trump makes his pick, but it’s still Anthony Kennedy’s Supreme Court
(DBN)

Picking One Justice, Trump Has Eye on Choosing a Second
(DBN)

Former Calif. federal judge now serves on litigation funding company's investment committee
(DBN)

CNN Supreme Court Reporter Apparently Needs Primer on Difference Between District and Appellate Courts
(DBN)

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Wall Street:

U.S. stocks set for gains as Apple drives tech rally
(DBN)

Stocks close mostly lower amid Trump policy worries, but post monthly gains
(DBN)

We’re in Phase III of the Trump Rally
(DBN)

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Layoffs:

After bankruptcy, law firm permanently shutters its Tampa office, lays off 65
(DBN)

PendaForm laying off workers
(DBN)

MI: Yanfeng Automotive Interiors laying off 321 employees
(DBN)

Kmart - Reports of Layoffs across all Stores
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Motorcycles:

Harley-Davidson: Motorcycle shipments tumbled Harley sees stock sink after warning Wall Street of steeper competition, missing estimates
(DBN)

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Retailing:

Retailers may dominate bankruptcy headlines in 2017
(DBN)

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Celebs:

David Cassidy: I Went Bankrupt Because ‘The Partridge Family’ Checks Dried Up
(DBN)

Johnny Depp's $2.7m monthly spending to blame for money woes Johnny Depp's lavish lifestyle led him to brink of financial ruin
(DBN)

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Education:

Los Angeles charter network raided by federal agents shortchanged students, former employees say
(DBN)

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Retailing:

Burlington Stores Reports 114% Increase in Net Income
(DBN)

Several Retail Chains on Verge of Bankruptcy After Weak Holiday Season
(DBN)

Under Armour's big miss shows just how bad things have gotten for retail
(DBN)

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Bankruptcy Crimes:

Snowmobile Fugitive Admits To Concealing Assets, Perjury
(DBN)

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Shipping:

Hanjin Parent Targeted for $31 Million Pension Bill Hanjin Parent May Be Liable as Port of New York Pension Fund Joins Queue Hanjin Group drawn into US bankruptcy proceedings
(DBN)

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Corporate Reform:

Trump Wants To ‘Do A Big Number’ All Over Dodd-Frank
(DBN)

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Economy:

President Trump probably isn’t going to like what the Fed will do next
(DBN)

Consumer Confidence Eroded in January
(DBN)

In corporate America, uncertainty overtakes early optimism about Trump
(DBN)

US wages, benefits rise 0.6 percent in 4th quarter
(DBN)

What Trump's Economy Could Look Like
(DBN)

Ray Dalio cools on Trump, says his populist policies could hurt world economy
(DBN)

The clearest articulation of what Trump wants to do to America's economy comes from one person
(DBN)

Biggest Threat to Our Economy: Protectionism
(DBN)

How colleges affect social mobility in America
(DBN)

The hottest tax idea in Washington right now would cost average families $1,000 a year
(DBN)

Wall Street is going to regret how lazy it's been on Trumpenomics Wall Street's Honeymoon With Trump Is Over
(DBN)

AARP: Ryan's Medicare Plan Will Hurt Seniors
(DBN)

The Top Threat to the US Economy? A Trump Trade War
(DBN)

President's Backers Want Action on Jobs, Taxes, Immigration
(DBN)

Here’s Who Wins With Trump’s Order to Slash Regulations
(DBN)

A former hedge fund manager who retired at 36 gives his outlook for 2017 and explains why a recession could be on the horizon
(DBN)

Mexico sees signs of U.S. change on wall payment
(DBN)

The Trade War May Have Already Begun
(DBN)

Expedia CEO, who fled to the US after the Iranian revolution: 'Our president has reverted to the short game' Fox memo on Trump immigration ban Amazon pledges legal support to action against Trump travel ban Apple weighs legal action against Trump’s executive order on immigration Businesses, think tanks look to influence Donald Trump with economic message on Poll: 49% of Americans agree with Trump's immigration Fact-check on Trump's immigration order The White House is reportedly backtracking on Australia's refugee resettlement deal The Ban: It's Not About Terrorism Trump’s next immigration order could hit tech companies where it hurts
(DBN)

Ford's CEO reveals how his relationship first started with Donald Trump
(DBN)

Trump order targeting business rules leaves key regulations untouched
(DBN)

Mnuchin, Price Votes Delayed by Senate Democrats If Your Definition Of Robo-Signing Is ‘Signed By A Literal Robot’ Then No, Mnuchin Didn’t Lie To Congress Dems Sideline 3 Trump Picks Including Sessions
(DBN)

Susan Buffett reveals the surprising way she found out that her dad, Warren Buffett, was rich
(DBN)

China Has Taken 3.4 Million Jobs Since 2001
(DBN)

The Land That GM Forgot
(DBN)

Debt and Deficits Are About to Matter Again for Investors
(DBN)

Apple's Pile of Cash swells to Record $246 Billion
(DBN)

Donald Trump picks the wrong target with his Mexican standoff
(DBN)

Chipotle and Trump: It’s all about the guacamole
(DBN)

Why Trump’s Treasury Pick Wants to Increase the Power of the IRS
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

US home prices rose 5.6% in November: S&P CoreLogic Case-Shiller Case-Shiller: National House Price Index increased 5.6% year-over-year in November
(DBN)

Table of Distressed Sales and All Cash Sales for Selected Cities in December
(DBN)

Black Knight: Home prices so close to a new national peak
(DBN)

Real Prices and Price-to-Rent Ratio in November
(DBN)

Q4 2016 Homeownership and Vacancy Rates
(DBN)

Single Family Home Serious Mortgage Delinquency Rates Since 1998
(DBN)

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Municipalities:

Prescott Council: ‘Let’s nip ‘bankruptcy idea’ in the bud’
(DBN)

San Bernardino's hard-earned exit from bankruptcy
(DBN)

Class action filed on behalf of Flint residents claims EPA negligence in water probe Flint, Michigan, Residents Sue USA for $722 Million
(DBN)

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Oil/Gas:

Trump’s Drilling Frenzy Could Upend OPEC Deal
(DBN)

Why The Trump Administration Is A Huge Wildcard For The Oil Industry Trump's Latest Executive Orders May Be Burdensome for Oil Saudi Arabia says Trump has energy policies that ‘are good for the oil industry’
(DBN)

The impacts of an oil import tax Trump’s Border Tax Could Kill U.S Oil Exports, Raise Gas Prices
(DBN)

The Oil War Is Only Just Getting Started
(DBN)

Experts See Higher Oil Prices But Surging Shale Is A Concern
(DBN)

The Defunct Hercules Offshore Sold 13 Jack-Ups For $22.25 Million At An Auction
(DBN)

Seadrill seeks at least $1 bln capital lifeline as debt deal delayed again
(DBN)

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Telecoms:

Is Avaya the new Nortel?
(DBN)

Nortel Calls Tech Co.'s $81M Ch. 11 IP Claim 'Stunning'
(DBN)

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Healthcare:

Louisiana Heart Hospital in Lacombe to close after filing for bankruptcy protection Louisiana Heart Hospital to close, files for bankruptcy protection Louisiana Heart Hospital plans bankruptcy , closing within month Louisiana Heart Hospital Hits Ch. 11 After Major Expansion
(DBN)

Taking the Temperature of Healthcare Lending
(DBN)

Why Docs Couldn’t Love Obamacare, And What They Want In A Replacement
(DBN)

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Politics:

Congressional Aides Helped Craft Travel Ban, Weren’t Allowed to Tell Their Bosses
(DBN)

Mark Cuban continues his dayslong roiling of Trump: 'I've been crushing POTUS'
(DBN)

The Republican Fausts
(DBN)

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Gambling:

Developer loses bid to avoid casino license for former Revel Glenn Straub must get casino license, N.J. control board says
(DBN)

Bankruptcy Declared By Daily Fantasy Sports Operator Fantasy Aces
(DBN)

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Golf:

Ben Hogan Golf Equipment Co. declares bankruptcy
(DBN)

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Hotels:

Ramada Hotel In Casper Files For Bankruptcy
(DBN)

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Surfing:

Titans of Mavericks surf contest organizers file for bankruptcy
(DBN)

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New Bankruptcy Opinions
(8 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (31 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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Corporate Governance:

Bankruptcy Court Sends Not-So-Gentle Reminder About Observing Corporate Formalities
(DBN)

Zone of Insolvency, Directors’ Duties and Creditors’ Protection in U.S.
(DBN)

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Plan Confirmation:

Roust’s Rapid Road to Confirmation: Confirmation of a Prepackaged Plan in the Southern District of New York in Less Than a Week—Have the Floodgates Opened?
(DBN)

Chapter 22 Commencement to Confirmation in Just 6 days: Exploring Roust Corporation
(DBN)

Roust Corporation's Prepackaged Chapter 11 Plan Approved in 1 Week
(DBN)

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Maritime:

District Courts Collide Head-On over Maritime Liens for ‘Necessaries’
(DBN)

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Mediation:

Why Don’t Consumer Cases Mediate?
(DBN)

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Miscellaneous:

Creditor Rights and Corporate Debt Structure around the World
(DBN)

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Professional Compensation:

Delaware Bankruptcy Judge: A Carve-Out for Fees Is Not a Cap
(DBN)

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Negotiation:

Keeping quiet is a strategy in itself
(DBN)

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Notice:

Notice over Science: Delaware Bankruptcy Court Enforces Bar Date Against Asbestos Creditor Based on Actual Notice Standard
(DBN)

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Discovery:

Delaware Bankruptcy Court Tackles Challenges to Email Privacy
(DBN)

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Awards:

Bankruptcy Group Of The Year: Kirkland & Ellis
(DBN)

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Labor:

Workers at Trump’s Washington hotel vote to join union, setting stage for labor duel
(DBN)

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Lehman:

Hedge Fund Blasts Lehman's 'Zombie Position' In $265M Suit
(DBN)

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Student Debt:

3 Student Loan Reforms to Expect Under Trump
(DBN)

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Awards:

Winners of the 11th Annual Turnaround Awards
(DBN)

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Fraud:

January 2017 Ponzi Scheme Roundup
(DBN)

Insider Trading While Posing As Your Mother Is Officially Illegal
(DBN)

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Distressed Investing:

Blind Industries Says Lynn Tilton Rebuffed Job-Saving Buyout
(DBN)

Shuttered Companies, Unpaid Bills Test Lynn Tilton's Empire
(DBN)

Lynn Tilton’s Employees Loved Their Boss So Much They Made Up A Special Code For Her
(DBN)

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UK:

Who's Who: Restructuring & Insolvency 2017
(DBN)

Businesses facing three years of change, says R3’s new north west chair
(DBN)

2016 insolvencies up from 2015 – R3 comments
(DBN)

UK insolvency levels set to increase five per cent over 2017
(DBN)

Constructive discretion: Allowing legal proceedings during the statutory moratorium
(DBN)

Tough Trade Weakens Hand of U.K. Retailers as Refinancing Looms
(DBN)

Goldman Warns UK on Brexit
(DBN)

Fate of Philip Green's knighthood to be decided once BHS probes are over
(DBN)

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EU:

Trump Adviser: Germany is exploiting the EU and US with a 'grossly undervalued' euro Merkel Pushes Back at Trump Team's Accusations on German Trade
(DBN)

Butlers Files for Insolvency Protection
(DBN)

EU Chair Labels Trump a Threat
(DBN)

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PIIGS:

For Greece and Its creditors, the clock is ticking Greece’s debt crisis is flaring up again, in case the world didn’t have enough to worry about already Gov't sources admit two-thirds of prior actions incomplete
(DBN)

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Canada:

Consumer insolvency in Alberta rises 26 per cent, report says
(DBN)

Alberta operators face over $2 billion in environmental LLR liabilities
(DBN)

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Brazil:

Brazil plans changes to bankruptcy law to help recovery
(DBN)

Brazilian Companies File Bankruptcy in Record Figures
(DBN)

Brazil’s Government Deal With Rio Won’t Solve Its Debt Crisis
(DBN)

Unit of Brazil's PDG to discuss missed payment with creditors
(DBN)

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Japan:

Sony Warns of $962 Million Goodwill Loss
(DBN)

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New Zealand:

Legal update on insolvency law
(DBN)

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