January 23, 2017

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Retrial of Former Dewey & LeBoeuf Executives to Start Stung by First Jury, Prosecutors Pin Hopes on Dewey Retrial
(DBN)

Kirkland Gets Call for Avaya Bankruptcy
(DBN)

Hot Law Firm Practices In A Trump Presidency
(DBN)

‘If I Wag My Finger About Diversity And Inclusion, My Law Firm Partners Will Give Me A Different Finger’
(DBN)

Miami: Veteran Bankruptcy Attorney Joins Broad and Cassel as Partner
(DBN)

Lowenstein Adds Troubled Retailer Pro As Partner
(DBN)

Local lawyers are offering free legal services to Trump inaugural protesters
(DBN)

Several Jones Day Lawyers Heading to the White House 12 Jones Day Lawyers Take Key Posts in Trump Administration
(DBN)

Lessons for Lawyers From Martin Luther King Jr.
(DBN)

Reed Smith seals hire of 50-strong KWM team across London, Paris and Germany
(DBN)

An overlooked tool on LinkedIn could help you land your next job
(DBN)

Heavy-hitting ethics lawyers to sue Trump over continuing business interests Foreign Payments to Trump Firms Violate Constitution, Suit Will Claim
(DBN)

Building Your House On The Rock: The Secrets To Great Networking
(DBN)

President Obama's Lack Of Scholarly Chops Prevents Him From Being Hired As Law Prof At Columbia, Kansas; But 'Professor Of Practice' Is A Possibility
(DBN)

The story behind those KWM leaked emails Several hundred KWM staff laid off
(DBN)

Don’t Assume How Involved Your Clients Want To Be In Their Cases
(DBN)

Bankruptcy attorney considers pro bono work a calling
(DBN)

Legal innovation is crucial for 2017
(DBN)

Reinventing Professionals: The art of investing in legal technology
(DBN)

President Trump Just Signaled Some Dramatic Changes for Police and Criminal Justice
(DBN)

D-Day At DOJ: The Trump Administration’s ‘Beachhead’ Team For The Justice Department
(DBN)

Blue Hill Gives More Details on ROSS Artificial Intelligence Benchmarking Report
(DBN)

Former lawyer is sentenced for role in home invasion attack on managing partner
(DBN)

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Judges:

New U.S. bankruptcy judge in Montana named; will keep office in Butte
(DBN)

Florida justice Isicoff honored for pro bono work
(DBN)

Gerald Rosen, the judge who helped save Detroit, retires Rosen talks about Detroit's Grand Bargain, the city's future and Kwame Kilpatrick
(DBN)

Federal judge withdraws order requiring ethics training for Justice Department lawyers
(DBN)

Chief Justice Roberts: Will he be Trump's friend or foe?
(DBN)

How President Trump will shape the federal courts Trump on Supreme Court pick: 'I think in my mind I know who it is'
(DBN)

Meet Donald Trump's Potential Picks for Supreme Court Justice
(DBN)

Potential nominee profile: Thomas Lee
(DBN)

Sen. Schumer willing to block Trump's Supreme Court pick ‘if the nominee is not bipartisan and mainstream’
(DBN)

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Wall Street:

Wall Street stocks set to slip as Trump keeps investors on the back foot
(DBN)

Dow Leads As Trump Sworn In, But Stocks Close Lower For The Week
(DBN)

10 popular stocks at risk from Trump’s ‘America first’ speech
(DBN)

Soros says Trump ‘uncertainty’ will cause global markets to falter
(DBN)

President Donald Trump is set to unleash a cascade of stock-market anxiety
(DBN)

The S&P 500 just did something it hasn’t in 11 years
(DBN)

10 things you need to know before the opening bell
(DBN)

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Layoffs:

Samson has huge layoff at Tulsa HQ
(DBN)

General Motors in Lordstown lays off more that 1,200 people
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Politics:

Trump Opens Presidency With Pledge to Clean Up `American Carnage’ Trump Outlines an ‘America First’ Agenda in a Dark Inaugural Address Trump supporters are 'psyched' about what's to come Trump Press Secretary berates media, makes dubious boasts about inauguration crowd size Fact Check It’s usually difficult for people to agree on a crowd’s size. Here’s why. Chris Wallace uses photos to confront Trump chief of staff over false crowd-size claims Orwellian Doublespeak: Alternative Facts 'Alternative facts are not facts. They're falsehoods' LA Woman's March Estimated at 750,000 'Why didn't these people vote?': Trump lashes out at protesters, celebrities after rocky inauguration Aerial photos show the contrast between crowds at Trump's inauguration and the Women's March What we should really expect on the first day of Trump's presidency Trump's son-in-law Jared Kushner will become a senior White House advisor Welcome to Trump's America. Start Digging the Moat It’ll Take Time For The Trump Admin To Get A Hold Of This Whole Ethics Thing Most Popular New White House Petition Demands Trump Release Tax Returns 'People didn't care': Kellyanne Conway now says that Trump will not release his tax returns
(DBN)

Mike Pence, the vice president of the United States, has said he doesn't believe that smoking kills
(DBN)

US counterintelligence agents probed Trump adviser Flynn’s Russia ties
(DBN)

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Telecoms:

U.S. bankruptcy court judge OKs $425 million for Avaya loan Judge Okays Huge Loan For Avaya After Bankruptcy Filing Legacy IT Makers May Want to Take Heed of Avaya Bankruptcy Users greet Avaya bankruptcy with shrugs Avaya says it will keep its name on soccer stadium while it reorganizes
(DBN)

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Celebs:

Prosecutor asks for prison time at sentencing hearing for 'Dance Moms' star Abby Lee in Pittsburgh Feds tell judge that 'Dance Moms' star meant to harm creditors by hiding income 'Dance Moms' star must wait longer to learn possible prison fate Dance Moms' Abby Lee Miller Forfeits $120,000 as Fraud Sentencing Is Underway
(DBN)

Former Simple Minds bassist John Giblin declared bankrupt
(DBN)

10 Billionaires Who Lost Their Fortunes
(DBN)

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Economy:

U.S. Inflation, Year-over-Year Change, Since 1990
(DBN)

The Rising Risk of Central Bank Instability
(DBN)

A snapshot of the U.S. economy as the 45th president takes office
(DBN)

Here comes Trump-o-nomics
(DBN)

Wilbur Ross brings art of restructuring to Team Trump
(DBN)

How Trump's proposals may affect every income tax bracket
(DBN)

'We will be starting negotiations' on NAFTA, Trump says, firing pistol to renegotiate pact
(DBN)

Harvard economist Rogoff explains why he is so optimistic about the economy under President Trump
(DBN)

Trump is officially making an economic promise that will be nearly impossible to keep
(DBN)

Hedge funds are making 'extreme' bets on the impact of Trump
(DBN)

Ready or not, Detroit automakers, here's President Trump
(DBN)

Mnuchin: The US may need 'a 21st century version' of Glass-Steagall
(DBN)

The Stark Reality of Social Security: Someone Has to Take a Pay Cut
(DBN)

Foxconn CEO says investment for display plant in U.S. would exceed $7 billion Foxconn's Possible US $7 Billion Display Plant - Yes Transport, Not Trump, Costs Matter Even Today Foxconn may team with Apple to build $7 billion manufacturing facility in U.S.
(DBN)

Chinese are playing Trump like a drum: Economist
(DBN)

Ron Paul says to expect an economic ‘downturn’ under Trump, not a revival
(DBN)

At a private lunch in Davos, Jamie Dimon was asked about the elephant in the room
(DBN)

Class 8 Truck Orders Fell Short in 2016
(DBN)

These Companies Are at Risk in a U.S.-China Trade War
(DBN)

17 Metrics to Watch in the Trump Era
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Nonbanks dominate FHA-backed mortgages
(DBN)

Trump Reverses Obama's Mortgage Fee Cuts on First Day
(DBN)

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Municipalities:

Puerto Rico governor cites 'sharp contrast' with island's overseers Puerto Rico governor criticizes federal control board orders
(DBN)

Puerto Rico Governor on Debt, Health Care, and Reform
(DBN)

New Puerto Rico Governor Prepared to ‘Work With the Markets’
(DBN)

Subtle Signs of Malaise in Puerto Rico
(DBN)

Washington's hurry-up-and-wait approach could spell disaster in Puerto Rico
(DBN)

Bankruptcy court discharges debts of former Wallace Bajjali partner
(DBN)

Michigan says 38 underperforming public schools could close
(DBN)

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Oil/Gas:

Forbes Commences Voluntary Chapter 11; Files Prepackaged Reorganization Plan Petition Plan Disclosure Statement First Day Dec
(DBN)

Oil producers say output cut on track OPEC and Friends Agree on Way to Monitor Oil Cuts to End Glut OPEC, allies make progress on production cuts, says will not accept less than '100% compliance'
(DBN)

Oil Price Rally Sees Large Jump In M&A Activity
(DBN)

Oil firms after producer meeting, but high US output weighs
(DBN)

Trump's vow to break from OPEC oil imports echoes old refrain Donald Trump vows to unlock $66 trillion shale oil and gas revolution OPEC Shrugs Off Threat of U.S. Cutting Oil Imports
(DBN)

Rig count leaps by 35, largest jump in 5 years
(DBN)

Why betting on oil is tricky proposition: RBC commodity chief Croft
(DBN)

Memorial Production Partners Bankruptcy Analysis
(DBN)

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Media:

A new documentary about the Gawker vs. Hulk Hogan trial will change how you see the case
(DBN)

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Autos:

Takata Shares Fall for Third Day as Bankruptcy Looms Takata shares tumble again amid fear of a drawn-out restructuring No end to Takata stock freefall
(DBN)

Trump is creating a huge problem for the future of the auto industry
(DBN)

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Retailing:

Entire Pittsburgh mall sells for $100—all 1.1 million square feet of it Troubled Mall Sells To Its Own Lenders For $100
(DBN)

Walmart to add 10,000 retail jobs in the US Wal-Mart Begins Layoffs at Headquarters
(DBN)

Department stores are facing 'the worst results since the recession’ — and that highlights a huge problem
(DBN)

If Wet Seal Files Second Bankruptcy, It Will Likely Be The End
(DBN)

Bankrupt Nasty Gal Files Suit, Claims Vendor is Threatening $20M Deal
(DBN)

American Apparel rapidly grew its retail footprint. Did that strategy contribute to its collapse?
(DBN)

Mall Closures Hit Small-Town America Hard
(DBN)

Retail Malaise Puts Pressure on Chains to Shutter More Stores
(DBN)

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Food/Beverage:

Transmar and the Case of the ‘Missing’ $313 Million Collateral
(DBN)

Plan takes shape in Erie County Farms bankruptcy
(DBN)

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Shipping:

Hanjin Shipping recognition proceedings answer question about extent of the automatic stay under the Model Law on Cross-Border Insolvency
(DBN)

Italian shipowner Giuseppe Bottiglieri filled for bankruptcy protection
(DBN)

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Movers:

Bankruptcy trustee taps Boston behemoth to acquire part of the Kane Co.
(DBN)

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Banking:

Another Wells Fargo? CFPB says bank tricked people into overdraft charges
(DBN)

Small N.J. bank's failure a cautionary tale
(DBN)

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New Bankruptcy Opinions
(4 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (26 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (75 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:

Q4 2016 Report of Business Bankruptcy Filings - 2016 Saw An Increase In Business Bankruptcy Filings For First Time Since Before Recession
(DBN)

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Jurisdiction:

Who Decides Whether Bankruptcy Jurisdiction Exists after Removal from State Court?
(DBN)

SCOTUS accepts second case in a week on jurisdictions where businesses can be sued
(DBN)

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Proofs of Claim:

Stale Debts? Supreme Court Tackles Issue
(DBN)

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Plan Confirmation:

Minnesota Judge Shows Disclosure Statement Wisdom
(DBN)

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Jurisdiction:

SCOTUS Rules Fannie Mae's 'Sue or Be Sued' Clause Does Not Confer Automatic Federal Court Jurisdiction
(DBN)

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TIA:

Second Circuit Reverses Marblegate Decision
(DBN)

Second Circuit Court of Appeals Overturns District Court Decision in Marblegate Regarding Section 316(b) of Trust Indenture Act
(DBN)

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Make-Whole:

Language Matters: Third Circuit Finds Make-Whole Provision Enforceable After Bankruptcy Filing
(DBN)

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Discharge:

The Eleventh Circuit Finds that a Debtor’s Misuse of a Lender’s Collateral Gives Rise to a Nondischargeable Claim
(DBN)

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Art:

Online art and antiques auctioneer Auctionata files for insolvency
(DBN)

Trump to Eliminate Funding for the Arts
(DBN)

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Bankruptcy Crimes:

MS: Terry man sentenced for bankruptcy fraud
(DBN)

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Healthcare:

Obamacare repeal could bankrupt some parents of autistic kids Trump campaign: Trump may not enforce individual healthcare mandate How Trump can use Obamacare to kill Obamacare With executive order, Trump tosses a 'bomb' into fragile health insurance markets Trump Healthcare Plan Could Cost Jobs
(DBN)

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Alternative Energy:

Trump's victory creates uncertainty for wind and solar power
(DBN)

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Coal:

Coal CEO: ‘At Least We’ve Got A Shot Under Trump’
(DBN)

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Distressed Investing:

Lynn Tilton Calls Zohar Lawsuit Just So Much ‘Gamesmanship’
(DBN)

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Mail:

Price of a Forever Stamp going up 2 cents
(DBN)

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Sovereigns:

Paul Blustein's Laid Low, and Some Musings on the Next Crisis
(DBN)

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UK:

Corbyn: 'Job losses are going to be huge' if Britain fails to secure strong EU trading relationship post-Brexit Bank Of America: Theresa May's Brexit plan means 'lower incomes all round' British PM Gets Another Brexit Headache Brexit Good for Terra Firma, Bad for Most People, Hands Says
(DBN)

Insolvency numbers rise after Brexit vote, says KPMG
(DBN)

British Sports Car Maker Zenos Is Bankrupt Zenos Bankruptcy Administration Proves Life Isn't Fair
(DBN)

British banks' optimism hits crisis-era low on Brexit uncertainty
(DBN)

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EU:

This fund manager is finding profits in the wreckage of corporate Europe
(DBN)

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PIIGS:

Greek PM: No austerity measures enacted now for after 2018
(DBN)

Glen of the Downs Golf Club faces liquidation
(DBN)

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India:

Insolvency Code and banks
(DBN)

M&A in the time of Bankruptcy Code
(DBN)

Bankruptcy Code to improve ease of doing biz: IBBI chief Sahoo
(DBN)

Restructuring sought for India's Essar Steel debt
(DBN)

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Denmark:

Paschi Model a No-Go in Denmark as Bail-In Orthodoxy Reasserted
(DBN)

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Mexico:

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

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China:

Fitch: China’s stimulus measures paper over growth slowdown
(DBN)

China’s central bank ‘playing dangerous game’ to prop up yuan
(DBN)

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Mozambique:

Mozambique default on eurobond was 'unnecessary': creditor group
(DBN)

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