October 18, 2018

The Daily Bankruptcy News

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Law:

The Case for Doubling Year-End Associate Bonuses
(DBN)

White & Case Promotes Two Restructuring Lawyers
(DBN)

New Trial Boutique Eschews Billable Hours, Partner Track
(DBN)

Attorney Mark Stopa’s foreclosure cases are halted but clients’ checks are being cashed
(DBN)

V&E Targeting New York, DC, London for Expansion
(DBN)

The Four Firms That GCs Fear The Most
(DBN)

Texas Malpractice Suit vs. K&L Gates Claims Firm Abandoned, Then Sued, a Client
(DBN)

Embezzling Bankruptcy Lawyer Tells 2nd Circ. Gov't Broke Deal
(DBN)

ABA Says Attorneys Must Inform Clients After A Data Breach • ABA ethics opinion offers guidance on data breaches
(DBN)

Baker McKenzie Picks Tampa for US Operations Base
(DBN)

White & Case Makes Its Case for 'Audacious' Growth Plan
(DBN)

Biglaw Attorneys Tend To Make Some Pretty Weird Arguments
(DBN)

Law Firm Leaders: Loeb & Loeb's Kenneth Florin - The ways in which Loeb & Loeb and the legal profession at large have evolved
(DBN)

No Spring Enrollment for Embattled Thomas Jefferson School of Law
(DBN)

Hardwick Sentencing Set for December, With Millions Still Missing
(DBN)

Law School Suits Provide Rare Glimpse into ABA Accreditation Process
(DBN)

University Can’t Give Away Its Troubled Law School
(DBN)

Struggling Law School Will Not Accept New Students This Spring
(DBN)

One Lawyer’s Tragic Slide
(DBN)

Setting The Record For Failing The Bar Exam • Failed The Bar Exam? That May Only Be The Beginning Of Your Professional Troubles
(DBN)

Corporate Law Turns to Startup to Cut Outside Counsel Costs
(DBN)

State Bar President Charged With Theft
(DBN)

‘Will my tattoos stop me from becoming a lawyer?’
(DBN)

Mueller Ready to Deliver Key Findings in His Trump Probe, Sources Say • Mueller investigation is ‘appropriate and independent,’ Rod Rosenstein says • American public might never see final Mueller report on Russian election interference • Mueller Will Release Trump-Russia Collusion, Obstruction of Justice Findings After Midterms: Report • It Looks Like Mueller May Have a November Surprise • Mar-a-Lago member gives $150K to legal defense fund for Trump allies questioned in Mueller probe • Long-Secret Watergate 'Road Map' May Soon Be Public. Could It Guide Mueller's Team? • Treasury Department Employee Arrested for Allegedly Leaking Information on Robert Mueller’s Top Targets • Mueller Willing to Drop Deadlocked Charges in Manafort Case • Now We Know Why Robert Mueller Needed Paul Manafort's Cooperation • Judge T.S. Ellis Is Back and Ready to Haunt Paul Manafort’s Suit-Wearing Dreams
(DBN)

Rod Rosenstein ‘Hiding From Congress’
(DBN)

White House counsel Don McGahn is out • Trump says he will name former Kirkland partner as next White House counsel
(DBN)

NY Times Urges Judge To Unseal Docs In Trump Dossier Row
(DBN)

Sessions Says Attacks on Journalists Are 'Unacceptable'
(DBN)

Trump Foundation Attorneys Say They'll Seek Discovery on Political Bias in NY AG's Lawsuit
(DBN)

FBI looking at Manhattan district attorney's office over potential undue influence in handling of cases: sources
(DBN)

Manhattan Appeals Court to Mull Whether Trump Must Face Ex-'Apprentice' Contestant's Defamation Suit While In Office
(DBN)

‘It’s Time to Hand the Mic to Gun Owners’ • Poll: 61% Want Stricter Gun Laws
(DBN)

Officer Fired After Warning Youths He's 'Trigger-happy'
(DBN)

Woman Kills Herself And Kids After Husband Fakes Death
(DBN)

Gay Wedding Cake Case Reopened Against Bakery
(DBN)

Subway Customer Allegedly Robs Store, Then Runs Back for Sandwich (VIDEO)
(DBN)

Is The Legal Profession Having A Meltdown?
(DBN)

Cops Track Down Stolen Krispy Kreme Van, Get Loads of Donuts as Reward
(DBN)

Mexico Sends Police to Stop US Bound Migrants
(DBN)

Manhattan DA: Lead Detective in Weinstein Case Told Witness to Delete Messages • Weinstein's prosecution suffers second big blow • Festival Boots Kobe Bryant From Jury After #MeToo Petition • USA Gymnastic Head Tampered w/ Evidence • Former USA Gymnastics head arrested in Nassar case
(DBN)

White Woman Who Stopped Black Man From Entering His Own Apartment Not Sorry
(DBN)

Surprise! Officers get year in prison for roles in framing black teen in crimes
(DBN)

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Judges:

John Roberts Talks Kavanaugh, the Court's Shrinking Docket and 'Legally Blonde'
(DBN)

Chief justice addresses ‘contentious events,’ says Supreme Court serves one nation, not one party
(DBN)

Dow slides more than 100 points again after Fed minutes point to more rate hikes
(DBN)

Jeff Sessions Is Quietly Transforming the Nation’s Immigration Courts
(DBN)

The attorney general attacks ‘judicial encroachment.’ Who’s his real audience?
(DBN)

Senate Truce on Judges Collapses
(DBN)

Circuit Court Nominee Worked For Hate Group
(DBN)

Suspended West Virginia Justice Convicted in Criminal Fraud Trial
(DBN)

Focus on Judge's Appearance, Not Jurisprudence, Seen as 'Disheartening', Women's Law Group
(DBN)

7th Circuit Issues Policy On Equal Employment Opportunity, Discrimination, Harassment, And Employment Dispute Resolution
(DBN)

A High Court Milestone Stirs Hope Of Gender Parity
(DBN)

New Partnership Will Allow Attorneys to Get Analytics On Judges They’re About to Appear Before
(DBN)

DNA from stamp is used to indict John Doe suspect for threatening judge
(DBN)

California Supreme Court Recuses Itself in Judicial Pay Suit
(DBN)

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Wall Street:

Wall Street futures point to a muted open as investors digest Fed minutes
(DBN)

Asian markets pull back, led by sharp declines in China
(DBN)

Dow falls in volatile session after Fed hints at more rate hikes ahead
(DBN)

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Layoffs:

BofA Brags About Firing 100,000 Workers
(DBN)

Essential cuts 30 percent of workforce
(DBN)

Crosby ISD to eliminate 129 positions
(DBN)

GlaxoSmithKline to lay off 99
(DBN)

HSN to cut hundreds of workers
(DBN)

Elizabeth Warren goes to bat for Toys R Us workers
(DBN)

Robotics And Cheap Energy Are Making US Manufacturing Great Again
(DBN)

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Retailing:

4 Key Things for Counsel to Consider in a Bankruptcy Like Sears • Edward Lampert, the Hedge-Fund Star Who Bet on Sears, Is Unrepentant • Lampert, Sears Creditors Gird for Battle Over Recent Asset Sales • How Sears Was Gutted By Its Own CEO • Why Sears filed for bankruptcy in New York • Sears is closing 78 more stores. Here are all of the locations shutting down where you live • Sears, a Onetime Retail Giant, Now Banks on Bankruptcy • Sears could have avoided • With Sears in bankruptcy, a Venice home said to be from the retailer's catalog reminds of better times • We visited a Kmart store the day after Sears filed for bankruptcy, and it was a mess. Here's what it was like shopping there • Sears' bankruptcy impacts – some positive – will be widespread • The Lessons We Can All Learn From Sears's Branding Blunders • Sears' bankruptcy will have ripple effects • 5 Retail Stocks Seen Winning From a Sears Bankruptcy
(DBN)

Walmart and Target are duking it out to take Toys R Us' place as the holiday-shopping season looms
(DBN)

A timeline of J.Crew's rise and fall
(DBN)

Possible Toys R Us comeback sparks controversy, outrage
(DBN)

David's Bridal misses debt payment, setting stage for restructuring
(DBN)

Nine West lenders look to sue Sycamore over 'outright fraud'
(DBN)

Fashion company Nine West files amended bankruptcy plan • Nine West Holdings, Inc. and Affiliates File Amended Plan of Reorganization and Disclosure Statement with Support of Key Stakeholders
(DBN)

Steinhoff's Mattress Firm Files Motion to Reject 99 More Leases • Mattress Firm Plans To Shrink Footprint With Chapter 11 Filing
(DBN)

Steinhoff's investors to suspend legal battle as firm recovers
(DBN)

Fallas closing 8 stores in San Antonio, starts clearance sales • Fallas, Factory 2-U stores to close after company files for bankruptcy • 184 Fallas, Factory 2-U stores closing under bankruptcy filing
(DBN)

Coldwater Creek making brick-and-mortar comeback
(DBN)

St. Louis: Operator of Cricket Wireless locations files bankruptcy
(DBN)

Retail Sales Increased Slightly in September
(DBN)

Despite Booming Economy, Vacant Storefronts Common In San Francisco
(DBN)

Retail isn't dead: Most of your favorite stores are actually still around
(DBN)

Big box retail failures ring on end of days for traditional malls
(DBN)

Banner Year Expected For Holiday Retail Sales
(DBN)

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Economy:

Fed Minutes Point To Continued, Gradual Interest-Rate Increases • FOMC Minutes: Further Gradual Increases "Would be appropriate" • "Almost all" Fed officials supported removal of "accommodative" language • Trump Attacks the Weak Link Powell Can't Ignore in Fed Rate Plan • U.S. government bond yields rise after Fed minutes • Conservative policy analyst explains why Trump has no business being upset with rising fed rates • Fed indicates it's staying the course on rate hikes despite growing criticism from Trump • McCulley: Presidents lose elections because of Fed policy so Trump has right to speak out • U.S. Fed officials debated hiking rates into restrictive territory • Cramer: The Fed may already be winning the war against inflation and needs to pause the rate hikes • Federal Reserve minutes indicate interest rates will have to rise high enough to slow down the economy
(DBN)

American workers are finally seeing a real bump in pay
(DBN)

The unaffordable states of America: Median incomes fall short of the cost of living in the majority of the country
(DBN)

US industrial production increased for a 4th-straight month, but momentum slowed sharply in the third quarter
(DBN)

Larry Kudlow says Fed chairman is "having a bit of a revolution"
(DBN)

US is seeing 'relentless rise in household wealth,' Credit Suisse report says
(DBN)

Here's how much more money the richest US households have than everyone else
(DBN)

The Truth About Trump's 'Booming' Economy
(DBN)

US economic outlook vs the rest of the globe is brightest in 11 years
(DBN)

U.S. Economic Assessments Best in Nearly Two Decades
(DBN)

Latest forecast: 3.9 percent — October 17, 2018
(DBN)

Trump Administration Moves to End Deep Discounts for Packages From China • How Trump’s Trade War Is Driving China Nuts • US refrains from calling China 'currency manipulator' but keeps it on a watch list • Wilbur Ross cites unsatisfactory progress in trade talks with EU • Wilbur Ross: EU Not Working Fast Enough For Donald Trump’s Liking To Resolve Trade War Donald Trump Started • China's stocks are plunging again — falling 3% to near 4-year lows as trade jitters return • In One Map: Car Imports into the United States • Trade war fallout descends on China's nouveau riche • Trump's Latest Salvo in His Trade War With China? Pulling Out of a 144-Year-Old Postal Pact • Senator McConnell says tariffs hurt, urges trade progress • Trump Tariffs Fail to Shield Alcoa Plants From China's Glut • U.S. Farmers Could Face for a Potentially Huge Drop in Chinese Soy Imports Amid Trump's Trade War • Why $1 Ebay Yoga Pants Could Be the Latest Victim of President Trump's Trade War With China •
(DBN)

Will NAFTA 2.0 Really Boost Mexican Wages?
(DBN)

Brexit Provides Early Proof of Deglobalization’s Costs
(DBN)

Trump says cabinet secretaries should cut 5% of their budgets
(DBN)

The deficit is rising, so Republicans want to cut Social Security and Medicare • These Two States Are Poised To Be The Next Big Marijuana Markets • Republicans Ignore the Obvious Effect of Their Tax Cuts
(DBN)

The rise and fall and rise of the budget deficit
(DBN)

Where Economies Are Growing Around The World
(DBN)

How to make the economy great again: raise pay
(DBN)

America’s Worsening Geographic Inequality
(DBN)

23 charts and maps that show the world is getting much, much better
(DBN)

Bernie Sanders, Elizabeth Warren question Amazon over labor practices
(DBN)

Visualizing Minimum Wage
(DBN)

The middle class needs a tax cut: Trump didn’t give it to them
(DBN)

38% of Americans Satisfied With U.S.
(DBN)

Debt-saddled consumers would give up social media, pets for financial relief
(DBN)

The lure of dining out might be on the wane
(DBN)

Almost Half of U.S. Births Happen Outside Marriage, Signaling Cultural Shift • As Fertility Rates Fall in U.S., Gap Widens Between Rural and Urban Counties
(DBN)

Retail sales edged up amid the biggest drop in spending at restaurants and bars in nearly 2 years
(DBN)

Nearly half the world lives on less than $5.50 a day: World Bank
(DBN)

A Snapshot Of Poverty In America
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

Shopping Center Leases: Some Ins and Outs of Use and Exclusivity Provisions
(DBN)

U.S. housing starts, building permits fall in September • Housing starts lurch lower in another weak month for residential construction • Housing Starts Decreased to 1.201 Million Annual Rate in September • Comments on September Housing Starts
(DBN)

Lawler: Early Read on Existing Home Sales in September
(DBN)

Housing stocks get hit hard amid weak data and worries on Wall Street about rising interest rates
(DBN)

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

What rising mortgage rates will cost homebuyers
(DBN)

Analysis: Evaluating the Industrial Real Estate Serving Sears and Other Major Big Box Chains
(DBN)

Good news, landlords! The Sears bankruptcy could free up 100 million sq ft of space
(DBN)

Here Are the Trump Projects Where Ivanka and Her Dad Misled Buyers
(DBN)

Trump's Name Is Removed From Trump Place, the Latest Licensed Property to Shed the President's Branding
(DBN)

Why Are So Many People In San Jose Fighting Housing for Teachers?
(DBN)

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Municipalities:

Puerto Rico has the least safe water of any state or territory
(DBN)

Pritzker, Rauner And Illinois' Pension Trouble
(DBN)

Best cities for jobs: Pittsburgh is No. 1, followed by St. Louis and Indianapolis • Looking for a job? These cities are your best bets
(DBN)

25 Most Dangerous Cities in America
(DBN)

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Oil/Gas:

Global Economy Throwing Up Red Flags For Oil
(DBN)

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Coal:

Big Coal Bankruptcies Leave Red, Not Black, for Big Law
(DBN)

Efforts to curb carbon emissions from coal will likely fail
(DBN)

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Climate:

Broken Pecan Trees, Ruined Cotton Harvest: Georgia Counts Michael’s Cost • Hurricane Michael: Death toll continues to rise amid searches • These 25 Hurricane Michael Photos Show The Struggle To Survive, 1 Week On • Lack of power, phone service hamper post-Hurricane Michael recovery • More than a thousand remain missing a week after Hurricane Michael • Armed looters target homes devastated by Hurricane Michael in Florida • In Mexico Beach after Michael, some coming home find no home
(DBN)

Pence after viewing Hurricane Michael damage: Causes of climate change 'yet to be seen'
(DBN)

What’s in a Half a Degree?
(DBN)

Trump Sees Both Sides on Climate Change
(DBN)

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Education:

Net College Costs Flat to Down After Years of Growth
(DBN)

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Coal:

Mission Coal files for bankruptcy—5th coal company in 3 years
(DBN)

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Artifacts:

Titanic's Legacy to Belong to Hedge Funds Soon
(DBN)

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Apparel:

LuLaRoe Consultants Fear Bankruptcy
(DBN)

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Fraud:

The New York Attorney General is investigating MoviePass' owner for allegedly misleading investors
(DBN)

Ponzi scheme creator used voodoo to protect herself from investigators
(DBN)

2 former Deutsche Bank traders found guilty in Libor rigging scandal
(DBN)

Convicted Ponzi Schemer Tried Buying Prayers, Casting Spells On SEC Attorneys
(DBN)

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Metals:

ERP Iron Ore assets auctioned off
(DBN)

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Commodities:

Noble gives creditors instructions on restructuring claims
(DBN)

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Tax:

S Corporation Inconsistent Reporting Issues: 'Rubin v. United States'
(DBN)

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Finance:

Meyer Optik Görlitz’s Bankruptcy Results in Multiple Failed Kickstarter Projects
(DBN)

‘If you want to worry about something … this is it’: Central banks and investors are sounding the alarm on a corner of the debt market that's suddenly over $US1 trillion in size
(DBN)

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Religion:

Reilly on Catholic Dioceses in Bankruptcy
(DBN)

Hidden cameras capture abuse victims confronting priest 30 years later
(DBN)

Catholic Americans give Pope poor marks on handling of abuse scandal
(DBN)

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Distressed Investing:

Howard Marks, the ultimate bargain hunter
(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 (17 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (4 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)

Chapter 11 Bankruptcy Case Studies
(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:

Neighbors of lottery winners are more likely to go bankrupt
(DBN)

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Trustees:

BK ED TX Ch. 13 Trustee Dies In Auto Accident On Way To Court
(DBN)

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Litigation:

The Use Of Third-Party Litigation Financing Is Soaring
(DBN)

This Is Every Lawyer Ad
(DBN)

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Personal Finance:

What Does It Cost To Live Like The Richest People In The World?
(DBN)

Retirement Savings By Age: How Does Your 401K Balance Stack Up?
(DBN)

People are more generous when they feel like they’re being watched
(DBN)

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Healthcare:

Illness is unaffordable, even with insurance
(DBN)

GOP Scrambles to Send a Pre-Election Message on Pre-Existing Conditions • Pre-existing conditions: Do GOP proposals match the ACA? • Fact Check: Who’s Right on Protections for Preexisting Conditions?
(DBN)

McConnell says Republicans could try again on ACA repeal
(DBN)

The ACA has helped, not hurt, the health care industry
(DBN)

Doctors 'flabbergasted' that half of parents think flu shot causes the flu: 'It's impossible'
(DBN)

Spain to lead Japan in global life expectancy, US continues to to slide
(DBN)

Michigan pharmacist, citing moral objections, refuses medicine to woman having miscarriage
(DBN)

From Zombie Corps To Questionable Revenue: Trends To Watch For As A Health Care Investor
(DBN)

An Incurable Disease is on the Rise in California
(DBN)

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Marijuana:

Pot CEO pleads for Trump to help America's marijuana industry as Canada gets a head start on legal weed
(DBN)

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Food/Beverage:

Court-appointed receiver takes control of Sam Kane plant
(DBN)

Daphne’s buys Noon Mediterranean out of bankruptcy
(DBN)

Why so many restaurants are declaring bankruptcy
(DBN)

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Ethanol:

President Trump Has More Promises To Keep Related To Ethanol Policy
(DBN)

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Politics:

Trump only wants to take credit for Republicans’ midterm outcomes if they win
(DBN)

Elizabeth Warren defends DNA test after Native American criticism • Elizabeth Warren’s DNA test has started a whole new controversy • Cherokee Nation citizens like me are used to people claiming our heritage. It’s exhausting •The Elizabeth Warren Fiasco
(DBN)

Here’s Nancy Pelosi’s to-do list if Democrats win back the House
(DBN)

Democratic House Candidates Dominate in Fundraising • Midterm fundraising breaks $2 billion
(DBN)

Many Don't Plan on Voting in November
(DBN)

Nearly six-in-ten Americans say abortion should be legal in all or most cases
(DBN)

Is Fraud Part of the Trump Business Model?
(DBN)

Six in 10 Americans Support Stricter Gun Laws
(DBN)

Zinke to replace his inspector general with Trump political appointee
(DBN)

Plan Confirmed to Move Assange to Russia
(DBN)

Strong economy is not helping GOP with gender gap
(DBN)

In Georgia, black voters were ordered off a bus headed to the polls
(DBN)

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Advisers:

SierraConstellation Partners Hires Webster Stickney As Managing Director In Houston
(DBN)

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Student Debt:

Why Public Service Loan Forgiveness Is So Unforgiving
(DBN)

Why You Should Rarely Pay Extra Toward Your Student Loans
(DBN)

Here's Fresh Evidence Student Loans Are a Massive, Generational Scam
(DBN)

Americans hold $1.5 trillion in student debt—here's how to know which repayment plan is best for you
(DBN)

America’s Student Loan Debt Crisis Is About to Get Much Worse
(DBN)

Delayed Obama-Era Rule on Student Debt Relief Is to Take Effect
(DBN)

DeVos’ attempt to curtail debt forgiveness to defrauded students meets judicial roadblocks
(DBN)

U.S. Investors Slow to Stash Cash for Children’s College
(DBN)

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UK:

Britain’s roiling Brexit crisis, explained • Brexit step by step This chart shows the planned stages of Brexit from October 2018 to 2020 • What is Brexit? And why is it proving so complicated? • No-deal Brexit could cause havoc for accountants • EU leaders prepare hardball Brexit summit for May • U.K.’s May urges Europe to get creative in effort to break Brexit impasse • Brextra: U.K. Prime Minister Theresa May seen willing to extend Brexit transition, say reports • Brexit is stalling over one key issue and the solution could be costly for UK leader Theresa May • UK-EU Agree to More Brexit Time
(DBN)

UK retail sales fall in September
(DBN)

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PIIGS:

Insolvency Framework In Greece
(DBN)

Italy’s ambitious budget proposals in charts
(DBN)

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MENA:

The Wave of Insolvency Reform Across the MENA Region: Analyzing Saudi Arabia's New Bankruptcy Law
(DBN)

In final column, Khashoggi laments ‘Arab governments have been given free rein’ to silence media • In final Washington Post editorial, Jamal Khashoggi contemplated a 'freedom he apparently gave his life for' • Turkish officials keep blowing the lid off Trump and Saudi Arabia's Khashoggi story • Saudi agents may have used acid to dissolve Khashoggi's remains, according to new, gruesome reports • Khashoggi crisis threatens to alienate the foreign firms remaking Saudi Arabia's economy • The Saudi Cover-Up Crumbles • Saudi Arabia reportedly plans to admit Khashoggi was murdered and use a 2-star general as a scapegoat • After Khashoggi’s death, Turkey sees a path to greater influence • Trump wants audio from Khashoggi interrogation "if it exists" • Turkey has not yet shared Khashoggi audio, video evidence with US • Trump and Pompeo continue to defend Saudi Arabia over Khashoggi crisis • Trump is placing his trust in someone who is either lying, or can't stop his henchmen from brutally killing journalists • For Trump, defense of Saudi Arabia is another Helsinki moment • Davos in the Desert's biggest name keeps quiet on Saudi allegations • Jamal Khashoggi Tortured In Front Of Top Saudi Diplomat: Reports • Pompeo: I Don't Want to Talk About 'Facts' of Khashoggi • Sen. John Kennedy: Trust Middle East as much as gas station sushi • Saudi Crown Prince Pushed to the Brink • Saudi Arabia paid the US $100 million on the same day Mike Pompeo visited Riyadh to discuss Jamal Khashoggi's disappearance • Mike Pompeo reportedly warned Mohammed bin Salman 'global pressure' will force Trump to deal with Jamal Khashoggi's disappearance if the Saudis don't step up • A private prod to the Saudis • US Intel Convinced of Saudi Ties to Murder
(DBN)

Saudis are biggest funding source for U.S. startups
(DBN)

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India:

Developments In Insolvency Law - September 2018
(DBN)

Insolvency Framework In India
(DBN)

Tata Group may throw ailing Jet Airways a lifeline as debt-laden airlines flies into trouble
(DBN)

New framework proposed for cross-border insolvency
(DBN)

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Russia:

Insolvency Framework In Russia
(DBN)

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Cyprus:

Cobalt Air ceases operations as talks with creditors collapse
(DBN)

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Australia:

Australian retail pressures claim another big name: menswear chain Roger David is going out of business • Roger David collapses into voluntary administration
(DBN)

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Germany:

Survey shows German businesses grow gloomier
(DBN)

German Government Says Airlines Could Face More Bankruptcies
(DBN)

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China:

China stocks plunge amid heavy selling in the energy sector and growing worries about the economy
(DBN)

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Venezuela:

Venezuela's foreign creditors try to lay claim to Citgo
(DBN)

Venezuela's desperate exodus: 'I'll walk in my broken shoes'
(DBN)

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