July 7, 2017

The Daily Bankruptcy News

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Law:

Goldman Sachs, Skadden Top First Half M&A Deal Rankings
(DBN)

Higher Pay For Fewer Summer Associates — But Layoffs May Be Looming
(DBN)

Law Firm Merger Activity Abroad Highlights First Half Frenzy
(DBN)

Stradley Ronon Expands New York Office With New Co-Chair of Bankruptcy Practice Stradley Ronon Hires Former CIT Litigation Counsel to Co-Chair Bankruptcy, Workouts & Creditors’ Rights Group
(DBN)

Cozen O'Connor Blasts Lawsuit Over Pepper Hamilton Moves
(DBN)

Clark Hill announces merger with West Coast law firm
(DBN)

Associate Wins $180K Over Withheld Origination Fee
(DBN)

Is Lust (or Fear of It) a Big Problem in Big Law?
(DBN)

Clifford Chance hits $2 billion revenue mark
(DBN)

DLA Piper hack could cost 'millions', brokers say
(DBN)

Lawyer attributes condo suit over Latham partner’s pit bull to ‘dog racism’
(DBN)

'Is Whittier Law School An Outlier Or A Bellwether, A White Elephant Or A Canary In The Coal Mine?'
(DBN)

How Much Do YOU Know About How Your Firm Operates?
(DBN)

Sedgwick Closes Austin Office as Number of Shuttered Cities Grows
(DBN)

What It Takes To Win
(DBN)

Power Niche Marketing: Get Out And About
(DBN)

Niche Law Practice And The Business Model
(DBN)

Allen & Overy blasts past Magic Circle with outrageous profits Allen & Overy lifts revenue and PEP to new heights as top earner takes home 3.5m
(DBN)

From Martin Shkreli to Donald Trump, Surviving Clients Who Won't Listen
(DBN)

Hogan Lovells Launches Consulting Arm After PwC Hire
(DBN)

Man convicted for holding his lawyer at gunpoint escapes from prison a second time
(DBN)

Is prime-time courtroom drama having a ‘Bull effect’ on juries?
(DBN)

Why ABC News Settled a Multibillion-Dollar Suit Over ‘Pink Slime’
(DBN)

Ex-Linklaters partner on trial for allegedly r---- student at firm party
(DBN)

5 signs you're talking to a bad listener
(DBN)

Cardiac Arrest, Part III: A Word From The Lawyers
(DBN)

Cosby's Retrial on Sex Assault Charges Is Set for November
(DBN)

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Judges:

Judge is accused of watching p--- on his office computer, using court clerks to grade exams Judge Faces Ethics Charges After Multiple Clerks Catch Him
(DBN)

Is Gorsuch the new Scalia? He lectures colleagues and aligns himself with Thomas
(DBN)

Justice Neil Gorsuch Has Already Changed the Supreme Court Forever
(DBN)

SCOTUS Success 2016
(DBN)

Replacing Justice Kennedy: A Legacy-Defining Achievement For President Trump
(DBN)

Trump’s Life-Tenured Judicial Avatar
(DBN)

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Wall Street:

Stock futures in holding pattern ahead of top-tier jobs report
(DBN)

The Stock Market Has Entered Bizarro World
(DBN)

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Layoffs:

SoundCloud will cut 40% of its staff, as it bleeds money and struggles to remain independent SoundCloud employees shocked by job cuts: 'Nobody saw it coming'
(DBN)

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Personal Finance:

Here are 15 ways to get free money from Amazon right now
(DBN)

A woman who's spent over a decade in HR shares the No. 1 sign it's time to quit your job
(DBN)

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Movie Theaters:

The 'desperation level in Hollywood' has reached new highs
(DBN)

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Education:

Charlotte-area school claims bankruptcy after student athlete files class-action suit
(DBN)

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Electricity:

Warren Buffett's Berkshire Hathaway Nears Deal to Buy Oncor Warren Buffett to Buy Oncor Warren Buffett's Berkshire Hathaway is buying an electric-utility giant for $9 billion Warren Buffett Is About to Buy Another Massive Utility -- Here's Why Berkshire Trying Oncor Takeover in Texas Where Others Failed Berkshire Hathaway expects clear path through Texas regulators Buffett's Berkshire Hathaway nears $18 bln deal for Oncor -sources
(DBN)

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Mining:

Essar mineral lease rights awarded to Chippewa Capital Partners
(DBN)

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Hotels:

California's hotel building boom shows no signs of slowing
(DBN)

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Healthcare:

Popular VA Choice program could go bankrupt without prompt Congressional action
(DBN)

The World Doesn't Mooch Off U.S. Health-Care Research
(DBN)

GOP: Give Americans Freedom to be Uninsured
(DBN)

Republicans are starting to admit they may have to work with Democrats on healthcare
(DBN)

Will Cruz’s Plan Be the ‘Game Changer’ in the Senate Health Care Stalemate?
(DBN)

Polling Spotlight: No good news for GOP in the latest health care opinion polls
(DBN)

The most unpopular bill in three decades
(DBN)

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Economy:

ABA Report: Consumer Delinquencies Rise in First Quarter
(DBN)

ISM Non-Manufacturing Index increased to 57.4% in June
(DBN)

Trade Deficit at $46.5 Billion in May
(DBN)

Trump vowed to wipe out the trade deficit. He hasn’t made much progress.
(DBN)

Weekly Initial Unemployment Claims increase to 248,000
(DBN)

ADP: Private Employment increased 158,000 in June Private-sector job growth throttles back in June: ADP
(DBN)

The Fed Is Losing Focus of Its Primary Mandates
(DBN)

The Federal Reserve is divided over its longer-term path
(DBN)

David Rosenberg: Everyone's scared of the wrong thing when it comes to the Fed's plan for its $4.5 trillion balance sheet
(DBN)

Americans' Confidence in Economy Remains at Low for the Year
(DBN)

Here's your full preview of the upcoming jobs report Goldman Employment Preview June Employment Preview Beyond the monthly jobs report: Putting faces to the numbers
(DBN)

US Gallup Good Jobs Rate Increases in June as Expected
(DBN)

Trump’s job growth nightmare: His first year could be slower than Obama’s last
(DBN)

The 2 most popular ways to track the US jobs market are telling wildly different stories
(DBN)

US created 158K private-sector jobs in June vs 185K jobs expected: ADP ADP Report Shows Job Gains Slowed in June
(DBN)

Protests Turn Violent at G20 Meeting
(DBN)

G20: Trump Forgot to Book a Hotel Room
(DBN)

President Trump has no set agenda for the G20 summit and is expected to 'talk about whatever is on his mind'
(DBN)

At G-20 summit, it looks more and more like Trump against the world
(DBN)

The Trump-Putin saga is overshadowing one of the most problem-strewn G-20 summits ever
(DBN)

Most G20 countries have little confidence in Putin, Trump on world affairs
(DBN)

Bannon's Very Silly Tax Hike Not Happening
(DBN)

It's Boom Times for Recruiters After U.S. Job Market Tightens
(DBN)

The most and least expensive places to live in America
(DBN)

Foxconn considering bringing 10,000 jobs to southeastern Wisconsin, Assembly speaker says
(DBN)

FactCheck: Trump and the Stock Market
(DBN)

Changing Realities of Suburban Poverty
(DBN)

Trump: Worst Trade Deals in History
(DBN)

Japan and Europe counter Trump with colossal trade deal
(DBN)

World leaders signal free-trade plans — whether Trump joins or not
(DBN)

A New Republican Agenda Is Taking Shape—and It Means Tax Increases
(DBN)

The Value of a College Degree in One Simple Chart
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

Americans Who Can't Afford Their Homes Up 146%
(DBN)

US Housing Finance System Unsustainable
(DBN)

Las Vegas Real Estate in June: Sales up 10% YoY, Inventory down Sharply
(DBN)

MBA: Mortgage Applications Increase in Latest Weekly Survey
(DBN)

Mortgage rates surge higher as markets fret over Federal Reserve’s monetary strategy
(DBN)

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Municipalities:

City Of Hartford Hires Bankruptcy Lawyer Hartford Hires Bankruptcy Lawyer As City Officials Weigh Options Law Firm to Help Hartford Evaluate Restructuring Efforts Hartford, mired in red ink, considering bankruptcy Hartford hires bankruptcy lawyer; Mayor Bronin looking at options In America’s Richest State, the Capital Flirts With Bankruptcy
(DBN)

Illinois Finally Get a Budget, Still in Trouble
(DBN)

Wealthy San Francisco Suburb Moraga Faces Fiscal Emergency
(DBN)

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Oil/Gas:

Fri.: Oil prices are sliding
(DBN)

Oil prices are popping after inventory report shows huge draw
(DBN)

Oil Slide Fallout Continues; Devon Energy, ConocoPhillips Downgraded
(DBN)

Barclays Slashes Many Top Oil & Gas Players' Bullish Expectations
(DBN)

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Politics:

The Network Against the Leader of the Free World
(DBN)

‘Calling for a revolution!’: Trump fans ‘triggered’ after NPR tweets out the Declaration of Independence
(DBN)

Trump attacks Obama on Russian meddling The Kremlin is already seizing on Trump's comments casting doubt that Russia meddled in the 2016 election Trump says Russia is 'destabilizing' nations in one of his strongest statements yet Giuliani hints that Trump has 'taken action' against hacking — but won't say if Russia was the target Trump finally turns on Russia as he warns Putin to stop his aggression in Syria and Ukraine China and Russia are totally playing Trump together 'Putin will eat President Trump's lunch' James Clapper: 'This is an assault on us, our nation, our country'
(DBN)

Hillary Clinton fires back after official GOP Twitter account asks for her healthcare plan
(DBN)

Fiefdoms Being Built Inside the White House
(DBN)

Rick Perry offered a ‘little economics lesson.’ It didn’t go so well.
(DBN)

Assange Accuses CNN of Committing Crime With Trump Wrestling Story (He Might Be Right)
(DBN)

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Retailing:

Here are the retailers that got crushed by the brick-and-mortar meltdown in June
(DBN)

10 major retailers that could go bankrupt in 2017
(DBN)

Workers, Retirees are Sears' Biggest Victims
(DBN)

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Taxis:

The world is about to change even faster
(DBN)

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New Bankruptcy Opinions
(5 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (20 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (33 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:

A Snapshot of Bankruptcy Filers in 2016
(DBN)

2017 Ch. 11 Retail Bankruptcy Debt Nearly $6 Billion
(DBN)

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Valuation:

Ninth Circuit Applies Replacement Value in Cramdown, Despite Higher Foreclosure Value
(DBN)

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Abandonment:

Trustee Could Not Reopen Chapter 7 Case to Administer Assets Which he Abandoned Over a Year Ago After He Was Unable to Sell Them
(DBN)

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Student Debt:

18 states and DC sue Betsy DeVos over delayed rules designed to protect student borrowers Betsy DeVos Sued By Coalition Of States Over Failure To Protect Student Loan Borrowers Betsy DeVos Keeping Student Loan Relief In Limbo Leads To Lawsuit From 18 US States And Consumer Groups
(DBN)

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Autos:

Buyers in only 1 of top 25 metro areas can afford new vehicles
(DBN)

Takata Declares Bankruptcy: What are the Key Next Steps for Suppliers?
(DBN)

Moody's: Takata bankruptcy will have minimal impact on auto ABS performance in Japan, US, Europe
(DBN)

Injured drivers get official role in Takata's U.S. bankruptcy
(DBN)

Tesla's Bad Week Gets Worse Tesla's bloodbath racks up a $1.4 billion profit for short sellers in just 3 days Production problems have Tesla deliveries sagging
(DBN)

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Tech:

Fitness-tracking company Jawbone, once worth $3 billion, is shutting down and liquidating its assets
(DBN)

SoundCloud Bankruptcy Nears: 173 People Laid Off; 2 Offices Closed
(DBN)

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Travel:

Woman stuns commuters by taking her desktop iMac onto a train
(DBN)

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Insurance:

The D&O Cramdown: Triggering Side A DIC Coverage When an Underlying D&O Carrier Declines Coverage
(DBN)

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Corporate Governance:

Here's why CEOs often have the traits of a psychopath
(DBN)

Court of Chancery Construes Indemnification Clauses For Limited Liability Company Officer
(DBN)

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Ticketing:

Battle Over U.S. Open Tickets Lands in Bankruptcy Court
(DBN)

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UK:

Insolvency firm 180 Advisory in talks on two takeovers
(DBN)

Barrister who had client's mother-in-law deported by mistake jailed
(DBN)

UK Economy: Manufacturing and exports are diving
(DBN)

Frankfurt is ‘confident in the arguments’ for poaching Britain's €930 billion euro clearing industry after Brexit
(DBN)

France unveils new measures to lure bankers from London
(DBN)

Brexit: Deutsche Bank Plans to Ditch London
(DBN)

Brexit is easing the UK into recession like an old man lowering himself into a hot bath
(DBN)

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Canada:

Sears Canada to seek court approval of a sale and investment solicitation process
(DBN)

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MENA:

'Instead of having 5 maids at home, we'll have 3': Qatar is so rich sanctions aren't having an impact Saudi bloc expresses "surprise" that Qatar has rejected its demands
(DBN)

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India:

IBBI seeks public comments on new bankruptcy code
(DBN)

Government likely to pump more money into PSU banks
(DBN)

Insolvency Law: Essar Steel accuses RBI of violating principles of natural justice
(DBN)

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Peru:

Creditors of Peru smelter ready to cut base price as auctions fail
(DBN)

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North Korea:

US Trying to Seize North Korean Funds
(DBN)

US Bid to Condemn N. Korea at UN is Faltering
(DBN)

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Netherlands:

Double-Dutch dilemma: pre-pack agreements and TUPE
(DBN)

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