January 20, 2017

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Judge withdraws sanctions against DLA Piper lawyers, cites ‘game-changing’ testimony
(DBN)

Associate Bonus Watch: No News Is Good News
(DBN)

Ampersands Go Missing From Big Law
(DBN)

Jones Day In The (White) House: The Biglaw Firm Fills Top Jobs In The Trump Administration
(DBN)

Lawyer Presidential Campaign Contributions: 97% To Clinton, 3% To Trump
(DBN)

Negotiations to Keep Charlotte Law School Afloat Collapse Charlotte School of Law vows to fight Dept. of Ed’s ‘final’ ruling denying student financial aid Charlotte Law School Pulls Rug Out From Students Charlotte Fires Dozens Of Faculty, Which Surprises No One
(DBN)

Proposal to tighten ABA bar-pass standards criticized by deans and state bar president
(DBN)

Closed for Inauguration
(DBN)

Casner & Edwards Adds Business Litigator Michael J. Fencer to Its Bankruptcy & Restructuring Group
(DBN)

Bradley Arant Name New Bankruptcy Partner
(DBN)

Law firms make up half of top 10 in Stonewall ranking of LGBT-friendly employers
(DBN)

Don’t Worry, Attorneys: AI Comes In Peace
(DBN)

More People Are Taking The LSAT. Is The Legal Profession Rebounding?
(DBN)

Jenner & Block Announces New Partners for 2017
(DBN)

Live from New York, It's Saturday Night! - A spotlight shines on a Big Law partner in the shadow of President-elect Donald Trump.
(DBN)

Bracing for the New Sexism
(DBN)

The 2017 Litigation Playing Field Has Changed in Two Big Ways
(DBN)

Does litigation database belong to law firm or clients? Suit against ex-partners raises the issue
(DBN)

How can a solo find good contract help?
(DBN)

Sessions’ statements suggest big shift in civil rights enforcement
(DBN)

Obama commutes 330 more sentences, surpasses total of last 13 presidents combined
(DBN)

Court upholds $10K sanction for lawyer’s alleged ‘maelstrom of misconduct’ in his divorce
(DBN)

UK: One in three law firms in serious financial danger
(DBN)

Freshfields lawyer blasted for issuing threats in firm's name
(DBN)

The 5 Worst Types Of SmallLaw Lawyers
(DBN)

KWM partners under fire for leaving office like a ‘student flat’ with client files ‘littering’ office floor KWM partners call each other ****s in emails sent to entire firm KWM managing partner and CFO to lead team of more than 50 staff staying on for wind-down
(DBN)

Former House Speaker Hastert seeks repayment of hush money
(DBN)

In-house lawyers reveal the good, the bad and the sea-sick in survey
(DBN)

Cocaine Overdose Ruled Cause Of Prominent Texas Attorney’s Tragic Death
(DBN)

______________

Judges:

BK OR: Bankruptcy court judge named
(DBN)

Judge conned wealthy clients to live luxurious lifestyle ... lying to his accountant who killed himself after realizing he'd been party to the crime
(DBN)

Accused Orlando Cop Killer Goes Nuts, Shouts Profanities at Judge
(DBN)

______________

Wall Street:

U.S. stock futures edge higher ahead of inaugural address
(DBN)

U.S. stocks close lower ahead of Trump inauguration
(DBN)

______________

Layoffs:

Samson Resources lays off 66
(DBN)

GE Aviation trims 74
(DBN)

Wisconsin Pharmaceutical company announces 67 layoffs
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Politics:

Rick Perry reportedly had a completely different idea about what an energy secretary does Suddenly Rick Perry Likes the Energy Depart.
(DBN)

Senior U.S. spy, diplomats leaving despite being asked to stay on
(DBN)

Trump hasn't been sworn in yet, but Mexico is already reeling Germany, You’re Fired! How Trump Is Bringing Reality TV to US Foreign Policy Trump transition team reverses course on warnings to oust inspectors general Intercepted documents, financial transactions are the focus of an ongoing US investigation into possible ties between Trump advisers and Russia Huge companies are spending $90 million on Trump's inauguration Trump reportedly wanted tanks and missile launchers at his inaugural parade — but the military shot down the idea Trump reportedly may have given up his phone ahead of his inauguration Story About Trump Aide Discriminating Against Blacks is Inaccurate The Trump family tree: A history of ruthless ambition in pursuit of wealth and the American dream Trump Resort Looking to Settle Bed Bug Lawsuit Before Inauguration Warren Buffett Likes Trump's Cabinet Choices Executive actions ready to go as Trump prepares to take office Why All the Ethical Problems of Trump’s Cabinet Nominees Won’t Matter His Deepest Fear? He's Not Legitimate
(DBN)

Obama Throws Shade At Trump In A Way Only A Law Professor Can
(DBN)

ClintonWorld: Grief Turns Into Cashing In
(DBN)

______________

Student Debt:

CFPB, Washington, Illinois Sue Largest Student Loan Servicer; Company Says It's Politics
(DBN)

______________

Economy:

General Counsel in the U.S. are Bullish on Trump
(DBN)

Philly Fed manufacturing crushes expectations Philly Fed: Manufacturing Activity Continued to Improve in January
(DBN)

Initial claims unexpectedly tumble Weekly Initial Unemployment Claims decrease to 234,000 Initial Weekly Unemployment Claims Lowest Since 1973
(DBN)

November Consumer Spending Fell Below Quarterly Averages
(DBN)

Wage Growth: What it Means for Economy in 2017
(DBN)

Mnuchin Defends Investments in Senate Confirmation Hearing The Foreclosure King Faces His Critics Mnuchin's Bank Foreclosed on This Couple. Now They Support Trump Mnuchin Puts Pressure on Banks Over Volcker Rule, Glass-Steagall Trump's Treasury pick failed to disclose $100 million in assets — until the last minute Trump’s treasury nominee defends foreclosure practices, ties to offshore entities Confirming Team Trump: Steve Mnuchin and the four D’s Trump's Treasury pick just doubled down on a budget trick that would steal from an entire generation Mnuchin Backs Volcker Rule While Raising Liquidity Concerns 'This is the seventh time I've asked': Republican senator grills Trump Treasury pick over foreclosure profits Trump's Treasury pick has a history with Sears that shows why going from business to government is a minefield 'I hire people like that': Mark Cuban expresses support for Trump's Treasury pick Treasury Pick: No Across the Border Taxes
(DBN)

Trump team prepares dramatic cuts
(DBN)

Shiller: Trump Could Cause Next Big Crash
(DBN)

Fed's Yellen says unwise to allow US economy to run 'hot'
(DBN)

Trumponomics may be wrong medicine for U.S. economy today
(DBN)

Trump is putting the wolves of Wall Street in charge of America’s economy
(DBN)

Trump could break his campaign promise on Social Security
(DBN)

Fed Has Met Jobs Mandate. On Inflation, Not So Much
(DBN)

Was Obama a Good Jobs President? FactChecking the Obama Years
(DBN)

U.S. General Accounting Office sounds alarm on America’s insolvency
(DBN)

What it would take to really rethink capitalism
(DBN)

The Dark Side of American Optimism
(DBN)

‘Nothing is happening to save us’: Why Donald Trump can’t stop these jobs from going away
(DBN)

Amazon Will Kill More US Jobs Than China
(DBN)

Five States Americans Are Fleeing
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

Typical Fannie/Freddie Mortgages Can’t Be Crammed Down, Fourth Circuit Says
(DBN)

Housing Starts increased to 1.226 Million Annual Rate in December
(DBN)

How the GOP’s Tax Plan Could Hurt the Value of Your Home
(DBN)

Mnuchin not in favor of cutting federal ties with Fannie, Freddie
(DBN)

Fannie Mae Shareholders Lose Another Round in Federal Court
(DBN)

Another WA home builder under threat of collapse with up to 80 homes in limbo
(DBN)

Freddie Mac: Mortgage rates hit third straight week of declines
(DBN)

____________

Municipalities:

New Puerto Rico governor seeks amicable debt crisis resolution
(DBN)

Slight possibility of renewed Congressional action on Puerto Rico
(DBN)

______________

Oil/Gas:

Paragon Offshore - A 'Reality Check' Is Now Served
(DBN)

Oil price rises for second day ahead of producers' compliance meeting
(DBN)

Saudi Arabia could see more instability if oil doesn't get back up to $60
(DBN)

U.S. Shale Producers And OPEC Keep Spiking The Ball At The One Yardline
(DBN)

Tidewater creditors likely to extend waivers, analyst says
(DBN)

Samson Resources lays off almost one-third of workforce at Tulsa headquarters
(DBN)

Oil CEO Sees Impact on Future Capacity
(DBN)

Why Big Oil Is Unprepared For The Coming Energy War
(DBN)

Despite OPEC Deal Oil Prices Could Fall Sharply From Here
(DBN)

______________

Autos:

Takata dives nearly 21% on bankruptcy restructuring fears
(DBN)

It's do or die for Faraday Future
(DBN)

Ex-VW CEO: I Know Nothing, Nothing
(DBN)

Trump's PR Win Against Automakers ... but
(DBN)

______________

Fitness:

Lauren Boggi Just Released Lithe Method’s Client List
(DBN)

______________

Coal:

Peabody, shareholders face off in bankruptcy court Bankruptcy judge nixes request for Peabody equity committee Peabody stockholders may be left empty-handed after court denies equity committee
(DBN)

Former Coal Baron Blankenship’s Conviction Upheld on Appeal
(DBN)

______________

Education:

Like everything else at college, campus dining halls have become shockingly expensive
(DBN)

______________

Fraud:

Ex-Visium Manager Found Guilty of Fraud in About 90 Minutes
(DBN)

Western Union to Pay $586 Million Over Failure to Stop Fraud
(DBN)

The Problem of Lender "Inquiry Notice" Status
(DBN)

Ex-Sentinel chief loses bid to void conviction, 14-year prison term
(DBN)

______________

Corporate Reform:

Richard Cordray Invoked Bob Dylan to Lift CFPB's Spirits
(DBN)

______________

New Bankruptcy Opinions
(2 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 (43 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)

______________

TIA:

Marblegate Ruling is Reversed on Appeal: Second Circuit Adopts Narrow Interpretation of TIA Section 316(b)
(DBN)

Marblegate and a Dose of Reality for the Trust Indenture Act
(DBN)

Second Circuit Blesses a Nonconsensual Out-of-Court Restructuring
(DBN)

______________

Corporate Governance:

Delaying A Bankruptcy For Shareholder Benefit May Benefit The Creditors After All
(DBN)

______________

Cross-Border:

Second Circuit Discusses Role of Chapter 15 in Cross-Border Litigation
(DBN)

______________

Mediation:

Pre-Lawsuit Mediation is Highly Effective Under Farm Mediation Laws
(DBN)

______________

Celebs:

It's showtime in federal court for 'Dance Moms' star Abby Lee Miller 'Dance Moms' star seeks probation for financial crimes
(DBN)

______________

Procurement:

A Bad Day to be a Buyer
(DBN)

______________

Shipping:

Following Hanjin’s Collapse, Heavily Indebted Yang Ming at Risk of Financial Trouble Red flag for Yang Ming as container line is weighed down by billion-dollar losses
(DBN)

Crew marooned on bankrupt vessel gets spiritual, temporal support
(DBN)

______________

Telecoms:

Avaya Files for Chapter 11 Bankruptcy Protection Telecommunications company Avaya files for bankruptcy Channel owed millions of dollars as Avaya files for bankruptcy Despite filing for chapter 11 bankruptcy protection in the US, Avaya's Australian arm says it's doing just fine Avaya files for bankruptcy in US, but India operations to continue Avaya files for bankruptcy as way of ditching hardware First Day Dec
(DBN)

______________

Asset Protection:

Fraudulent Transfer Law Trumps Tenancy By The Entireties In Knoll
(DBN)

Protecting Your Assets with a "DAPT"
(DBN)

______________

Retailing:

This under-the-radar retail chain will be a big beneficiary from Macy's store closures
(DBN)

______________

Healthcare:

California hospital to close after takeover deal falls through
(DBN)

These are the people who will get hurt the most by an Obamacare repeal What Will Happen After Obamacare? If Obamacare Dies, Cities Will Feel It
(DBN)

______________

UK:

London's banking 'oil tankers' are beginning to turn away from the City — thousands of jobs will go with them Goldman Sachs could cut 3,000 London jobs over Brexit
(DBN)

Britain can't blame the EU for offering us a bad Brexit deal — it's what we voted for
(DBN)

IMF's Lagarde: The worst of Britain's Brexit 'pain' is still to come
(DBN)

The Golden Turd Award 2017 - 'A lot of spare offices in which to have long conversations with recruiters'
(DBN)

The Glamorous Solicitor 2016: Winner unveiled
(DBN)

The Death of the British Dream
(DBN)

______________

Canada:

Troubled Athabasca University to undergo third-party review
(DBN)

______________

India:

India takes more time to resolve insolvency issues
(DBN)

Indian Banks Said to Seek Relief for $13 Billion Loan Revamp
(DBN)

______________

MENA:

More labour market, bankruptcy reforms urged to drive MidEast growth
(DBN)

______________

Ukraine:

Ukraine central bank declares Bank People's Capital insolvent
(DBN)

______________

China:

China GDP beats, high-tech industries surge
(DBN)

A Default Storm Is Brewing Over China Junk Bonds
(DBN)

______________

Mozambique:

Mozambique's Eurobond Strategy May Damage Restructure Prospects
(DBN)

______________


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