December 23, 2015

The Daily Bankruptcy News

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Due to the holiday, The Daily Bankruptcy News will not publish on Dec. 24 and 24, 2015





Law:

Associate Bonus Watch: A New Compensation Leader In Texas?
(DBN)

Associate Bonus Watch: A Firm With Fat Stacks Of Cash For Its Biggest Billers
(DBN)

A Cautionary Tale: This Is What Your Life Could Look Like After Graduating From A Less Than Desirable Law School
(DBN)

Two Analysts Have Outlined a Path to Law Firm Success
(DBN)

The Perfect Onesie For A Baby Lawyer?
(DBN)

Beyond Biglaw: Get Out More
(DBN)

DLA Piper to close Tampa office
(DBN)

Congratulations To The 2016 Skadden Fellows
(DBN)

The (De)grading
(DBN)

Indicted BigLaw lawyer will vacation in Cancun; his firms launch internal probes 5 Things You Need To Know About Biglaw Partner Evan Greebel’s Arrest
(DBN)

Publicly Traded Law Firm Faces Possible Securities Suit
(DBN)

Sometimes Your Third Choice Is The Best Choice
(DBN)

Judge allows defamation claim against lawyer who admitted drinking and emailing
(DBN)

Woman calls cops to report she heard neighbors chanting ‘ISIS is good, ISIS is great’ during s--
(DBN)

Louisiana lawyer sues People magazine over story about his wife’s cold-case slaying
(DBN)

A Florida couple is being sued over their insane Christmas display
(DBN)

Robert Durst to LA for Murder Trial
(DBN)

Woman is sued for writing ‘bum’ and ‘loser’ on memo line of alimony checks to her ex-husband Man Sues Because Alimony Checks Were Mean To Him
(DBN)

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Judges:

Tearful State Supreme Court Justice Apologizes For ‘P---gate’ Emails
(DBN)

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Wall Street:

U.S. stocks set for third day of gains, with stream of data ahead
(DBN)

Global stocks extend rally, oil edges off 11-year low
(DBN)

US stocks advance for second session US stocks climb as energy stocks lead the way
(DBN)

Cramer: These companies are folding fast
(DBN)

Dow at brink of a rare feat for first time since 1939
(DBN)

This ‘smart money’ indicator nailed the dot-com bust, and it’s even more bearish now
(DBN)

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Layoffs:

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Autos:

What Was Volkswagen Thinking?
(DBN)

Private car ownership is on road to rarity
(DBN)

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Retailing:

12 retailers that bombed in 2015
(DBN)

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Politics:

Trump on Clinton debate break: 'disgusting' Trump's crude comment reveals his biggest problem: women voters Analysis of Trump's Tax Plan Shows Big Cuts in Taxes, Federal Revenue President Obama has a theory about why people support Donald Trump. But he's wrong.
(DBN)

Ted Cruz closing the gap on Donald Trump in Iowa polls Cruz fact Check: "The Democrats in the Senate last year introduced a constitutional amendment to repeal the free speech protections of the First Amendment."
(DBN)

Why Trump and Cruz Aren't Forbes or Cain
(DBN)

Sanders Fact Check: "We didn't go out and take" information from the Hillary Clinton campaign.
(DBN)

Marco Rubio May Struggle to Win Over Potential Key Bloc: Florida’s Puerto Ricans
(DBN)

The Great Republican Revolt
(DBN)

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Travel:

13 tips to get you through the airport as quickly as possible
(DBN)

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Pharma:

Martin Shkreli’s Replacement at Turing Pharma Has a Questionable Past
(DBN)

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Debt Collection:

Sued Over Old Debt, and Blocked From Suing Back Debt buyers use courts to collect debt, then cite arbitration clauses to deflect legal challenges
(DBN)

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Shipping:

Montgomery McCracken Obtains Confirmation of OWB Debtors' Liquidation Plans
(DBN)

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Fraud:

How the Teen Wolf of Wall Street Thrived
(DBN)

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Economy:

Third-quarter GDP growth trimmed to 2% U.S. economy set to grow less than 3% for the 10th straight year Can the U.S. Economy Grow More Than 3% Next Year?
(DBN)

America beats expectations
(DBN)

Where America Is Moving
(DBN)

Consumer, business spending support US third-quarter growth
(DBN)

After a brutal 2015, what’s on tap for commodities?
(DBN)

A Sudden Deterioration Throughout Our Economy Points To A Recession
(DBN)

New grads may not make as much money as they used to, but a college degree can’t be beat in one crucial way
(DBN)

Being a woman costs more than being a man: Study
(DBN)

US Debt Clock
(DBN

Economic Indicators Dashboard
(DBN)

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Real Estate:

Sales of Existing U.S. Homes Slump on Delayed Contract Closings 19-Month Low Realtors blame rules as existing-home sales sink 19-month low for home resales reflects some unusual factors
(DBN)

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Municipalities:

Puerto Rico 'very unlikely' to avoid Jan.1 default - governor
(DBN)

Dem Bill Would Protect Puerto Rico From Debt Collectors
(DBN)

NYC council speaker rips GOP, Rubio over Puerto Rico debt
(DBN)

Not All Is Well in Detroit 1 Year After Bankruptcy
(DBN)

The Muni Trades That Pushed Pimco to the Top in Year of Distress
(DBN)

Officials Threaten to Disincorporate Browning
(DBN)

Bankruptcy appeal sides with San Bernardino over fire union
(DBN)

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Tax:

IRS gains power to revoke tax scofflaws' passports
(DBN)

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Oil/Gas:

Oil prices edge up from 11-year lows
(DBN)

Oil back at $95 – but only in 24 years' time: OPEC OPEC sees oil at $70 within five years
(DBN)

Shell to cut billions in spending, costs next year
(DBN)

Samson Resources Says Contemplated Restructuring no Longer Feasible
(DBN)

Bank of America: We Won't Know What's Going On With Energy Debt Until Investors Come Back From Vacation
(DBN)

Contagion from the energy market is coming
(DBN)

Oil M&A Bankers Have Reason To Hope In 2016
(DBN)

Outlook For Oil In 2016 Still Grim No end in sight for oil's troubled waters
(DBN)

Peak Pessimism: Everyone seems to think crude is going lower
(DBN)

Credit Suisse: Oil is going stay low for 5 years
(DBN)

What's Driving the Plunge in Oil Prices
(DBN)

Texas hunkers down for another oil bust
(DBN)

Not all of Texas down along with oil
(DBN)

TX: Oil Price Plunge and Big Tax Credits
(DBN)

Roughest quarter for oil coming: fmr Shell exec
(DBN)

This chart explains why the oil market's biggest problem won't be fixed anytime soon
(DBN)

Insolvency in the UK oil and gas industry - survival tips
(DBN)

Iran’s market return could sink oil prices by $5 to $15, IMF says
(DBN)

America’s Top Shale Gas Basin in Decline
(DBN)

Decommissioning Costs Pile Up For Energy Infrastructure
(DBN)

OPEC's market share to shrink by 2020 as rivals keep pumping
(DBN)

Oil and Gas Bankruptcy Climbs to More than $15 Billion in 2015
(DBN)

Cheap Oil's Great, Except When It Isn't
(DBN)

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Furniture:

RoomStore Takes Third Trip Through Chapter 11 Bankruptcy
(DBN)

Competition killed The RoomStore
(DBN)

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Student Debt:

Bankruptcy Court Tells Dept of Ed to Go Shove IBR as Unrealistic
(DBN)

Lawmakers Look to Curb Student Loan Servicing
(DBN)

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Coal:

Europe's Hooked on U.S. Coal, But That Can't Last
(DBN)

Coal Downturn Hammers Budgets in West Virginia and Wyoming
(DBN)

Senator Mitch McConnell and the Coal Industry's Last Stand
(DBN)

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Ethanol:

Former Hopewell ethanol plant operator moves into Chapter 11 bankruptcy
(DBN)

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New Bankruptcy Opinions
(1 new opinion today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (13 new filings today)
(DBN)

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

Bankruptcy Code - Prior BK Codes - 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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Exemptions:

Photographer Can Exempt Digital Images in Bankruptcy
(DBN)

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Alter Ego:

Sick Wife Drawn Into Husband's Bankruptcy Troubles
(DBN)

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Distressed Investing:

Junk bond concerns should be a wakeup call
(DBN)

Default danger for US high yield in 2016
(DBN)

Samson Is Worst of the Bad 2015 Distressed-Debt Trades: Chart
(DBN)

The Distressed-Debt Trades That Obliterated Bonus Checks in 2015
(DBN)

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Celebs:

Clinton Portis sets the record straight on his bankruptcy case
(DBN)

Ex-Celtic star Darren Jackson vows to rebuild career after bankruptcy
(DBN)

Jailed Montana resort founder seeks release, plays Christmas card
(DBN)

6 Wealthy Families Who Lost Their Fortunes
(DBN)

Court Rules On MC Hammer's Request To Have Back Taxes Waived
(DBN)

Real Housewives of New Jersey’ star Teresa Giudice released from prison
(DBN)

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Mass Torts:

Settlement fund ready to pay families of Lac-Megantic disaster victims
(DBN)

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UK:

Kate Middleton Secret Shame: James Middleton’s Bankrupt Businesses – Trying To Cash In On Royal Connections
(DBN)

LAPSO reforms could make insolvency claims unviable
(DBN)

Increased risk of insolvency for retailers – R3
(DBN)

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PIIGS:

Creditors hand Greece 1 billion euros
(DBN)

The great Greek bank robbery
(DBN)

Abengoa Creditors Agree on a New 106 Million-Euro Loan PGE Takes Over Power Plant Construction After Abengoa Filing
(DBN)

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Canada:

First CHCH creditors meeting takes place
(DBN)

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Netherlands:

Bankruptcy looming for retailers Manfield, Dolcis & Scapino
(DBN)

V&D on brink of bankruptcy as warm winter hits sales
(DBN)

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New Zealand:

Legal update on insolvency law - December 2015
(DBN)

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India:

A robust insolvency resolution system can speed up loan recovery for banks Ready to refer bankruptcy code to joint committee, says govt Winter Session ends without GST, bankruptcy bills passage
(DBN)

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Russia:

Yukos Risk: The Double Edge Sword: A Case Note on International Bankruptcy Litigation and the Transnational Limits of Corporate Governance
(DBN)

Russian Oil Industry Could Begin Deteriorating in 2017
(DBN)

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Ukraine:

Ukraine health system in danger of collapse as reforms stall
(DBN)

NBU declares Bank Sofiysky insolvent
(DBN)

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Nigeria:

Nigerian states face bankruptcy , further income crash
(DBN)

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China:

Three More China Companies Face Trouble in Bond Repayments
(DBN)

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Copyright 2015