January 3, 2017

The Daily Bankruptcy News

View prior editions: Click Here
View prior case summaries: Click Here
Search prior headlines: Click Here
Search prior case summaries: Click Here

3-Column Formating

 

Law:

Finally, Will 2017 Mean R.I.P. for the Billable Hour?
(DBN)

The Five Strategies of Highly Successful Firms
(DBN)

Gaze Into My Crystal Ball: 10 Predictions for 2017
(DBN)

Now What? (Hint: Growth Is Dead)
(DBN)

Plaintiffs Firm Stuck With $1M Tax Bill After Trying to Deduct Private Jet Travel
(DBN)

10 Horrible Reasons You’re Still At Your Law Firm
(DBN)

Wachtell's George Conway a Potential Trump Pick for Solicitor General Trump Said to Weigh Aide Conway’s Husband for Top Legal Job
(DBN)

Trump’s Pick For Attorney General A Big Fan Of Civil Asset Forfeiture
(DBN)

Partners warned to 'wake-up' over security issues
(DBN)

Final checks mailed to creditors in bankruptcy of once-powerhouse law firm
(DBN)

For Court, Always Dress The Part
(DBN)

GoFundMe This Lawyer’s Retirement
(DBN)

Law Firm Basics: What Do Clients Want Most In An Attorney?
(DBN)

A Harvard psychologist reveals the best way to fake it till you make it
(DBN)

______________

Judges:

Give Me Your Tired, Your Poor, Your Supreme Court Justices
(DBN)

Chief Justice Roberts Issues 2016 Year-End Report Chief Justice John Roberts Praises Federal District Judges in Annual Report
(DBN)

Will "Funny Brief" Backfire at Supreme Court?
(DBN)

Obama Could Make This Last Minute Move (Tomorrow) to Appoint Merrick Garland to Supreme Court
(DBN)

______________

Wall Street:

Dow on pace to open more than 100 points higher
(DBN)

Global stocks higher after upbeat Chinese factory data
(DBN)

Stocks close out 2016 with double-digit gains after third day of losses
(DBN)

2016: The Year In Goldman Sachs
(DBN)

Investor Optimism Is at Extreme Levels Heading into 2017
(DBN)

NYT Article on Stanford Assault Procedures Displays Shocking Ignorance of Relevant Federal Law
(DBN)

______________

Layoffs:

 

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

______________

Retailing:

A giant wave of store closures is about to hit the US
(DBN)

The end of Sears is near
(DBN)

The Limited will close its South Florida stores Jan. 7 The Limited Is Probably Shutting Down, But Won’t Say So
(DBN)

Warren Buffett predicted the fall of Eddie Lampert and Sears over 10 years ago
(DBN)

The top 7 retailers to watch in 2017
(DBN)

______________

Awards:

Century City Bar Names Robbin Itkin " Bankruptcy Lawyer of the Year”
(DBN)

______________

Shipping:

Hanjin’s bankruptcy was the largest for container shipping in 30 years
(DBN)

______________

Banking:

December 2016: Unofficial Problem Bank list declines to 169 Institutions
(DBN)

Former chairman of failed Fort Lauderdale bank banned from banking
(DBN)

______________

Personal Finance:

7 tips to buy an engagement ring without getting ripped off
(DBN)

______________

Taxis:

Taxi tycoon to cough up cabs, medallions to pay off debt Judge: Top NYC taxi cab owner must give up 46 medallions
(DBN)

Carpool apps could take 10k Taxis off NY Streets
(DBN)

______________

Shipping:

Ex-chairwoman of Hanjin Shipping indicted over illegal stock trading
(DBN)

______________

Healthcare:

TX: Hospital to file for bankruptcy
(DBN)

Alere unit says it may go out of business if Medicare appeal is denied
(DBN)

Ruling boosts suit over botched spinal surgeries
(DBN)

Ex-Health CEO: What ACA Repeal Will Do
(DBN)

______________

Uranium:

Paladin Energy Could Be Forced Into Bankruptcy By Electricité de France's Request For Collateral
(DBN)

______________

Economy:

Fed Nowcast stands at 1.8% for 2016:Q4 and 1.7% for 2017:Q1
(DBN)

Chicago PMI decreases in December
(DBN)

Democrats are already building a case against Trump’s pick to lead Treasury Department
(DBN)

Climate change is going to be very bad for the global economy
(DBN)

The public is being kept in the dark about Trump’s deal with Carrier
(DBN)

Those jobs Trump is bragging about are just a fraction of Sprint’s huge layoffs
(DBN)

A few Graphs for 2016
(DBN)

For many of the world’s richest people, 2016’s volatility ends on a high note
(DBN)

19 States Increase Minimum Wage at the Start of 2017
(DBN)

What Donald Trump Doesn’t Get About the Minimum Wage
(DBN)

Why Trump Needs to Take the Economy More Seriously
(DBN)

Are we there yet? Full employment draws closer, one jobs report at a time
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

"Mortgage Rates Slightly Lower to End 2016"
(DBN)

The best city in every state if you want to buy a home
(DBN)

MUD taxpayers left on the hook for developer's bankruptcy
(DBN)

Miami's housing market could be in for a tough 2017
(DBN)

Bankrupt West Oakland Project Site in Play
(DBN)

Now As Good A Time As Any To Sue Barclays For ‘Craptacular’ Subprime-Era Mortgage-Backed Securities
(DBN)

Wall Street, America’s New Landlord, Kicks Tenants to the Curb
(DBN)

____________

Municipalities:

With bankruptcy ending, will normalcy return to San Bernardino?
(DBN)

Drop in population, employment and sales numbers adds to Pennsylvania budget woes
(DBN)

Police salary and staff cuts eyed in A.C. takeover, report says
(DBN)

Reality penetrates California's public employee pension system, but not far enough
(DBN)

Puerto Rico's new gov seeks statehood to help end crisis Puerto Rico's New Governor Vows Immediate Push for Statehood
(DBN)

______________

Oil/Gas:

Banks are ready to loan money to US shale
(DBN)

Oil Companies That Sold Shares During Collapse Are Now Riding High
(DBN)

Rig count inches up as 2016 comes to an end
(DBN)

Oil prices should be a lot lower than where they are now
(DBN)

What's Next for Oil Prices
(DBN)

Oil Posts Biggest Annual Gain Since Financial Crisis
(DBN)

Energy XXI Successfully Completes Financial Restructuring
(DBN)

Oil business seen in strong position as Trump tackles tax reform
(DBN)

______________

Politics:

How Donald Trump used bankruptcy to stay rich Trump focuses New Year's tweet on 'many enemies' and everyone who 'lost so badly' Trump Struggling to Pay Salaries Trump's cabinet will be a 'team of rivals' — but not in a good way Why Corporations Are Helping Donald Trump Lie About Jobs Trump Steps Up Effort to Discredit Sanctions Against Russia Trump Rips Obama on Transition ... Then Praises Him Mar-a-Lago, Future Winter White House With Trump, an Economic Feast With Some Surprises Trump Was the Nationalist Candidate Donald Trump, Bureaucracy Apprentice Trump Starts From Historically Weak Position
(DBN)

Judge blocks North Carolina law meant to limit incoming Democratic governor's power
(DBN)

Congress to usher in new era of all-Republican rule As New Congress Convenes, Obama’s Policies Are in Peril Republicans Face a Dangerous First 100 Days G.O.P. Made Big Promises. Now It Has to Deliver New Republican-led Congress lays groundwork for Trump era GOP Claims Mandate; Plans Scorched Earth
(DBN)

Obama looks back on 8 years of 'remarkable progress' in New Year's Day tweetstorm
(DBN)

Krugman: America Becomes a Stan
(DBN)

Senate Dems Plan to ‘Slam the Brakes’ on Trump’s Cabinet Nominees
(DBN)

Republicans in House Vote to Curtail Power of Ethics Office House GOP wants to strip independence from Office of Government Ethics
(DBN)

______________

Celebs:

DMX Filed for Bankruptcy for the Third Time, Facing Foreclosure
(DBN)

Chris Brown Faces $1.5 Million Lawsuit After ‘Going Rihanna’ on Manager
(DBN)

______________

Coal:

Would Peabody Energy Corporation See Good Times Next Year?
(DBN)

______________

Student Debt:

Bankruptcy Becomes an Option for Some Borrowers Burdened by Student Loans
(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 (15 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (16 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)

______________

Bankruptcy Statistics:

Summary: Chapter 11 Filings in 2016
(DBN)

Weekly Bankruptcy Claims Trading Activity
(DBN)

______________

Plan Confirmation:

Delaware Judge Takes-Up Third-Party Releases in Chapter 11 Plans
(DBN)

______________

Mediation:

Another Demonstration of Uncertainty Over Mediation Confidentiality in Bankruptcy
(DBN)

______________

Make-Whole:

Third Circuit Requires 'Make-Whole' Payments For Accelerated Bankruptcy Notes
(DBN)

______________

Professional Compensation:

Chapter 11 Doesn’t Have To Be Quite So Paper Intensive
(DBN)

______________

Jurisdiction:

Stern Doesn’t Limit Bankruptcy Court in Liquidating a Nondischargeable Debt
(DBN)

______________

Miscellaneous:

Happy New Year: The Best of 2016
(DBN)

______________

Bankruptcy Reform:

Beyond Options
(DBN)

______________

Bankruptcy Policy:

Bankruptcy Policy: Toward a Moral Justification for Financial Rehabilitation for the Consumer Debtor
(DBN)

Consumer Bankruptcy Policy: Ability to Pay and Catholic Social Teaching
(DBN)

______________

Pensions:

ERISA: Anti-Alienation Superiority in Bankruptcy
(DBN)

______________

Autos:

The auto industry could break sales records yet again. But analysts say the decline is coming.
(DBN)

Good Sign For Auto Loans In 2017: Bankruptcies Are Down
(DBN)

______________

Fraud:

December 2016 Ponzi Scheme Roundup
(DBN)

Another Madoff Legacy: Ways for Investors to Keep Ponzi Profits
(DBN)

There Oughta Be a Law: Steering Clear of Ponzi Schemes
(DBN)

______________

UK:

BHS liquidator pores over details of Green and Chappell property deals
(DBN)

Oil price slump pushes UK oil and gas sector insolvencies to five-year high
(DBN)

______________

PIIGS:

Greek government confident Marinοpoulos bankruptcy deal will proceed
(DBN)

______________

Canada:

Nortel's disabled workers still fighting for better deal after bankruptcy
(DBN)

Debt-ridden landlord's repayment plan could take months to develop
(DBN)

Major Saskatoon landlord Block 1 files for creditor protection
(DBN)

______________

Brazil:

Brazil's Meirelles sees few options to help states in crisis
(DBN)

______________

Venezuela:

'Lately, food is a better business than drugs': Venezuela's military profits as the country goes hungry
(DBN)

______________

Australia:

BLK owes $34m to creditors
(DBN)

Senator Rod Culleton in hospital after being served bankruptcy papers
(DBN)

______________

India:

Indian Banks' Credit Fantasy
(DBN)

______________

China:

He's a debt-laden property mogul. Meet China's own Donald Trump
(DBN)

______________


The Daily Bankruptcy News is primarily a curated news link gathering service.   Most of the headlines contained in the publication are a collection of links to stories posted on the Internet by various third party publications.  Such content is owned by third party sources, not The Daily Bankruptcy News, and in some cases, these links change or expire, which means you may not be able to view some news stories in prior editions of the Daily Bankruptcy News. The DBN subscription fee is not a fee for access to the content of the links, but is a charge for the considerable work involved in gathering, organizing and presenting the links. Use of this site and The Daily Bankruptcy News is subject to our Terms of Use. If you received The Daily Bankruptcy News via email (and you have a paid subscription account), to view a news story, click on the headline, and the story should open in your web browser. To view additional stories, click back to the email and click on additional headlines, which will cause new stories to open in your web browser.  You can view the Daily Bankruptcy News on the web by clicking here.

Advertising
Advertising is available in The Daily Bankruptcy News. Click here for details  Feel free to contact us with any questions.

Passwords/Subscriptions
Access to certain links in The Daily Bankruptcy News is available only to readers holding a paid service subscription. These links are currently marked with a "DBN" notation. The cost of a subscription is $64/year, payable annually.  Volume discounts are available for sites with multiple users. Click here to see a schedule of discounts. Complimentary subscriptions are available for full-time educational and governmental employees and for full time students. For information about discounts or educational/governmental subscriptions, contact us by clicking here. A separate password is required for each member of a firm wishing access to restricted links.

New readers can receive a free password good for 30 days by clicking here. 30-day passwords are not available to readers who have previously had a password, even if the password was associated with a different email address used by the reader. Refunds are not available after purchase.

Readers who wish to change their passwords should click here. Readers who have forgotten their password should click here.

Adding Your Email Address To The Distribution List
If you would like to start receiving The Daily Bankruptcy News by email each day, click here, and fill in the information requested. There is no charge to be placed on the distribution list to receive the headlines, although access to many of the links behind the headlines requires a paid subscription (see above, under Passwords). If, after adding your email address to the distribution list, you do not receive an email confirming the addition, please contact us by clicking here for help.

Removing Your Email Address From The Distribution List
If you already receive The Daily Bankruptcy News by email and you wish to remove your email address from the distribution list, click here and send the email that should appear. You do not need to type anything in the body of the email message. Note that the email asking for removal must be sent from the same email address which is on our distribution list. If you do not receive an email confirming deletion of your email address from the distribution list, contact us by clicking here for help.

If receive the publication forwarded from an older email address, you will need to contact us as described below for help removing that older address from our distribution list.

Press Releases/News Tips
Please send press releases and news tips to admin@bkinformation.com

Contact Us
The Daily Bankruptcy News is published each business day by BKINFORMATION.COM, L.L.C. You can reach us at 281-402-3957 or at accounting@bkinformation.com (email inquiries are usually answered substantially more quickly than phone inquiries). Our mailing address is 935 Eldridge Road, No. 350, Sugar Land, Texas 77478.

Copyright 2017