January 4, 2017

The Daily Bankruptcy News

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Law:

Majority of lateral lawyer hires don’t meet revenue expectations, survey says
(DBN)

Pryor Cashman Names New Bankruptcy Partner
(DBN)

Lewis Roca Promotes New Bankruptcy Partner
(DBN)

Berger Singerman Elevates Bankruptcy Litigator To Partner
(DBN)

Blank Rome Elevates Two Bankruptcy Lawyers To Of Counsel
(DBN)

Big-Name Lawyers Divulge New Year's Resolutions
(DBN)

The 2017 Outlook For Litigation Finance
(DBN)

We’ve Got A LOT More Lawyers Here
(DBN)

29 Partnership Promotions and 37 Promoted to Counsel at Hogan Lovells
(DBN)

Judge tosses consumer fraud claims against Arizona Summit Law School
(DBN)

Without Access To Federal Loans, Charlotte Law Tries To Get Students To Transfer To Florida Coastal Law
(DBN)

Martha Minow to Step Down as Dean From Harvard Law
(DBN)

Biglaw Office Plays Host To Trump Inauguration Party
(DBN)

ATL’s 2016 Holiday Card Contest: The Winner!
(DBN)

Don’t Be Famous For The Wrong Reason
(DBN)

Alleged BigLaw hackers made $4M trading on stolen information, federal prosecutors say
(DBN)

The Science Behind Extracting Yourself From The Cycle Of Destructive Thought Patterns
(DBN)

SmallLaw: 4 Types Of Clients You Meet Trying To Collect Your Fees
(DBN)

Women Lawyers See Opportunity to Forge Stronger Ties
(DBN)

Did The Emperor from Star Wars Design a Big Law Firm Website?
(DBN)

Plaintiffs law firm can’t deduct monthly payments for standby plane use, 9th Circuit says
(DBN)

Lawyer Competes For Title Of ‘Worst Cook In America’
(DBN)

10 silly things you're doing that make you less likable
(DBN)

Ten Guaranteed Ways To Appear Smarter Than You Are
(DBN)

Yeah: Attorney Accidentally Shoots Wife
(DBN)

1,000 Law Professors Protest Sessions for AG
(DBN)

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Judges:

SEC uses an unconstitutional method to hire in-house judges, federal appeals court rules
(DBN)

Chief justice praises trial judges in year-end report; was it intended to counter Trump criticism?
(DBN)

Legislation Introduced To Bar SCOTUS From Citing Its Own Decisions
(DBN)

Inside Trump’s strategy to remodel the Supreme Court
(DBN)

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Wall Street:

U.S. stock rally set to continue with FOMC minutes ahead
(DBN)

Stocks close off session highs as oil falls 2.6%; telecoms lead
(DBN)

Despite Trump euphoria, Wall Street's 2017 forecast is the most bearish annual outlook in 12 years The Trump rally may already be running out of steam
(DBN)

How Wall Street banks stack up in dealmaking, it isn't even close
(DBN)

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Layoffs:

Fort Worth-based Ben Hogan Golf Equipment lays off much of its workforce to cut costs
(DBN)

Relativity and EuropaCorp's joint venture laying off most of its staff, insider says
(DBN)

When Robots Take All of Our Jobs, Remember the Luddites
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Food/Beverage:

Customers developed a new habit during the recession — it's killing Applebee's and Buffalo Wild Wings
(DBN)

U.S. Unit of Transmar Group Files for Bankruptcy Protection
(DBN)

$4.8M Allens settlement awaits judge
(DBN)

Roust files for bankruptcy ahead of planned IPO
(DBN)

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Education:

Former ITT students clamor for a seat at the table Former ITT Tech Students Sue To Be Included In Bankruptcy Proceedings
(DBN)

New Student Lawsuit Details ITT Tech Scam
(DBN)

Cuomo proposes free college tuition for struggling families
(DBN)

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Autos:

Takata surges again on criminal probe settlement hopes
(DBN)

Owners of Tainted Volkswagen Diesel Cars File Lawsuit Seeking Compensation
(DBN)

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Healthcare:

Atoka County Medical Center seeks bankruptcy protection
(DBN)

Senate Moves to Repeal Obamacare
(DBN)

Conway: No One Loses Health Care After Repeal
(DBN)

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Economy:

ISM: U.S. Factory Activity Accelerated in December ISM Manufacturing index increased to 54.7 in December
(DBN)

'Routine' Jobs Are Disappearing Disappearing Routine Jobs: Who, How, and Why? 45,000 Robots Keep Things Moving At Amazon Warehouses
(DBN)

Larry Summers lambastes policy paper from top Trump advisers: 'Economic equivalent of creationism'
(DBN)

Trump is bringing in the big guns to roll back free trade
(DBN)

What the Strong Obama Jobs Recovery Tells Us
(DBN)

Trump can't make Apple move jobs back to America
(DBN)

Trump is mad about 'made in Mexico' cars — but this is bigger
(DBN)

Here are the problems with helicopter money
(DBN)

The myth and reality of Donald Trump’s job claims
(DBN)

The 10 biggest risks the world faces in 2017
(DBN)

Construction Spending increased in November
(DBN)

Leaked DoJ Memo Alleges That Steven Mnuchin Was A Very Naughty Bank CEO Problematic practices at Steven Mnuchin's OneWest? Treasury Pick Accused of Massive Misconduct Mnuchin’s Bank Broke Foreclosure Rules, Leaked AG’s Memo Says Democrats Gather Ammo Against Treasury Pick Steven Mnuchin
(DBN)

Trump may be ignoring conventional economic wisdom — and it could be a big mistake
(DBN)

Traders await Fed minutes to see if officials reveal their views of Trump
(DBN)

Planes, trains, automobiles: Traders say these names will get hit by Trump's policies Automakers Relationship with Trump Turns Trump Puts Auto Makers, Trade Policy in Spotlight
(DBN)

The 401(k) Problem We Refuse to Solve
(DBN)

America's Economic Distress Belt
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

CoreLogic: House Prices up 7.1% Year-over-year in November
(DBN)

Mortgage Applications Decreased Over Two Week Period Mortgage applications tank 12% to end 2016
(DBN)

With Lots in Short Supply, Builders Revive Abandoned Projects
(DBN)

An Atlanta Subdivision, Cast Aside by a Developer, Gets a Second Chance
(DBN)

Luxury Apartment Boom Looks Set to Fizzle in 2017
(DBN)

Potential homebuyer finds mummified body in Detroit garage
(DBN)

Trump's tax plan could sink real estate prices
(DBN)

US construction spending hits more than 10-year high in November
(DBN)

Manhattan's luxury market softened in the fourth quarter, and isn't likely to pick up anytime soon
(DBN)

Changes to New York Foreclosure Laws Effective December 20, 2016
(DBN)

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Municipalities:

In push for statehood, Puerto Rico announces vote to choose 2 senators and 5 representatives to U.S. Congress
(DBN)

Municipal Bond Offering Disclosures after a Chapter 9 Filing—A Few Reflections on Orange County and the City of Detroit
(DBN)

Puerto Rico’s New Governor Takes Over as Debt Crisis Reaches Climax
(DBN)

New Puerto Rico Governor Prepares Cuts to Spending and Revenues
(DBN)

People moving from New York outnumber arrivals by nearly two-to-one, report says
(DBN)

Texas Growth Appears to be Slowing
(DBN)

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Pensions:

Insolvent Multiemployer Pension Plan to Vote to Cut Benefits
(DBN)

Coming Pension Defaults
(DBN)

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Coal:

WVDEP and Alpha Natural Resources Reach $15 Million Settlement
(DBN)

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Oil/Gas:

Samson Resources Close to a Deal But Still Battling Creditors
(DBN)

E&P 'Bottom Of The Barrel Club' Special Holiday Edition: From 'Ho Ho Ho' To 'Oh Oh No!'
(DBN)

The Companies That Lead The Recovery In The U.S. Oil Patch
(DBN)

Oil rises above $55 a barrel as OPEC delivers on output cuts Oil Markets Optimistic As Oil Turns Lower The End Of The Rally? Oil Reverses, Natural Gas Trounced
(DBN)

Weds.: Oil prices rise on signs OPEC members will stick to output pledges
(DBN)

Oil industry rebounds for hedgies who invested last year
(DBN)

Rooster Energy Announces Status of Senior Secured Notes
(DBN)

Year-End 2016 US Rig Count Is Lower Than Year-End 2015's
(DBN)

Is The OPEC Deal Falling Apart Already? Iraq Accuses Kurds Of Non-Compliance
(DBN)

Tillerson and Exxon part ways; $180M retirement package
(DBN)

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Fishing:

Pacific Andes wants former liquidators questioned
(DBN)

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Gambling:

Icahn plans to surrender Trump Taj Mahal casino license
(DBN)

Icahn: Taj Mahal casino not for sale
(DBN)

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Corporate Reform:

Banks Given Reprieve Over Capital Rules
(DBN)

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Labor:

Facing Judgment, Texas Union Fights to Stay in Bankruptcy
(DBN)

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Auto Racing:

Trustee: Boston GP executive used event as 'personal piggy bank'
(DBN)

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Celebs:

Hiding Something? Abby Lee Miller Requests TV Info Be Placed Under Seal In Fraud Case
(DBN)

Former Heat star Glen Rice, ex-wife trying to unload Miami condo
(DBN)

Rita Ora's Money Woes: Singer Loses Money In Fraud And Investments
(DBN)

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New Bankruptcy Opinions
(6 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (22 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (6 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:

30 companies that may not survive 2017
(DBN)

NMI: Only 4 bankruptcy cases filed in 2015
(DBN)

NH: Drop in bankruptcy filings continues as 2016 ends
(DBN)

Buffalo: Bankruptcy filings drop 6.1 percent in 2016
(DBN)

Toledo: Bankruptcy filings down for 7th year
(DBN)

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Ch. 13:

7th Cir. Holds Judgment Against Bankruptcy Debtor's Husband Did Not Violate Co-Debtor Stay
(DBN)

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Proofs of Claim:

CFPB files Amicus Brief with SCOTUS in FDCPA Case on Filing Bankruptcy Proof of Claim on Out of Statute Debt
(DBN)

Solicitor General Supports the Debtor in Midland Funding on FDCPA Violation
(DBN)

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Mediation:

Mediating Pre-Packaged Plan Disputes: a Recent Example
(DBN)

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Committees:

Bankruptcy Court Permission Required to Sue UCC Members
(DBN)

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Corporate Governance:

Annual Review of Key Delaware Corporate and Commercial Decisions
(DBN)

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Retailing:

Amazon is now bigger than most brick and mortar retailers put together
(DBN)

J.C. Penney Sells HQ for $353 Million.
(DBN)

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Corporate Reform:

Big banks are gearing up to fight the Volcker rule
(DBN)

Wall Street lawyer seen as Trump's top choice for SEC
(DBN)

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Fraud:

The Fallout From Madoff's Fraud Includes an Ironic Twist for Investors
(DBN)

How a Law Firm Tracked Down Ponzi Schemer's Lost Funds
(DBN)

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Shipping:

Insolvent Great Southern Shipping creditor meeting set
(DBN)

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Banking:

Problem Bank List Continues Decline in Q4 2016
(DBN)

Have a look at the man who could be Donald Trump's bank chief
(DBN)

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Yoga:

Big Law Ties Abound in Yoga Company Troubles
(DBN)

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UK:

Paris Eyes Luring 20,000 Bankers From London Amid Brexit Rupture
(DBN)

U.K. Manufacturing PMI Rises to Two-and-a-Half Year High
(DBN)

Hard Brexit would cause insolvency pile-up, insolvency bods warn
(DBN)

The British construction sector is shrugging off Brexit
(DBN)

Shares in one of the UK's biggest retailers are tanking after it said its profits will get crushed
(DBN)

Britain’s companies are turning to a key way to tackle the £400 billion pension problem
(DBN)

U.K. consumer credit hit near 12-year high in Nov.
(DBN)

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PIIGS:

Tax Debts to Greek State Soar at €94 Bln
(DBN)

Germans Decide Not To Roast Greece On An Open Fire
(DBN)

Monte dei Paschi’s rescue has hit Europe’s new regime for rescuing banks where it hurts
(DBN)

Deadlines looming for Marinopoulos, as workers consider striking
(DBN)

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Slovakia:

New Year; New Personal Insolvency Regime for Slovakia
(DBN)

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India:

New insolvency regime: NCLT rings an early warning
(DBN)

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Brazil:

Sawiris set to invest in Oi to avert bankruptcy
(DBN)

Brazilian bankruptcy filings at 11-year high -Experian
(DBN)

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Venezuela:

Venezuela issues $5bn in bonds as it seeks cash to ease shortages
(DBN)

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MENA:

Dubai mortgage lender Amlak renegotiates part of 2014 debt deal
(DBN)

Gulf energy companies reduce borrowing 26% as oil prices surge
(DBN)

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Sweden:

Swedish Six-Hour Workday Trial Runs Into Trouble: Too Expensive
(DBN)

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Ukraine:

Fitch downgrades Ukraine's PrivatBank to 'RD'
(DBN)

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