December 7, 2015

The Daily Bankruptcy News

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Law:

Dewey Prosecutors Intend to Seek New Trial of Ex-Executives Pissed Prosecutors To Retry Dewey & LeBoeuf Defendants Prosecutors plan Dewey II trial after jury dismissal Prosecutors Won't Seek Retrial Against Ex-Dewey Chair Davis
(DBN)

Legal Sector Adds 600 Jobs in November
(DBN)

When the legal job market tanked, a law student changed it
(DBN)

ATL Law Firm Rankings: Top Firms By Region
(DBN)

Generation Z - Huge Demographic Threat For Law Schools
(DBN)

Huh? Lawyer for San Bernardino Shooters' Family Suggests Sandy Hook was Fake
(DBN)

Biglaw Partner Says The Best Way To Expand Is Via Lateral Raids
(DBN)

The Pink Ghetto: Horror Stories About Sexism In The Law
(DBN)

Minorities In The Legal Profession Have Increased By Less Than One Percent Since 2000
(DBN)

Clifford Chance to open no frills, hot desking admin base in London Docklands
(DBN)

Baker & McKenzie decides to beef up team in North America
(DBN)

Biglaw Firm Reminds Lawyers Not To Stink Up The Office In Multicolored, Pictorial Guide
(DBN)

The Future Of The Legal Profession Might Be Brighter Than You Think
(DBN)

LSAC, LST Debate The Use Of LSAT Scores As A Bar Passage Predictor Will Denying Admission To Students With 'At-Risk' LSAT Scores Keep Minorities, Poor From Becoming Lawyers?
(DBN)

Where Are The Biglaw Bonuses? Associate Bonus Watch, Day 5
(DBN)

Mandatory Retirement Policies And You
(DBN)

From The Career Files: A Young Attorney Wants To Leave The Bar….
(DBN)

Delegate As Soon As Possible As Much As You Responsibly Can
(DBN)

Big Law & Pro Bono Work: ‘It’s Shameful’
(DBN)

Father of class actions held at gunpoint in attack on home
(DBN)

'Copyright troll' lawyer ordered to sell assets to pay debts Judge rejects Chapter 13 filing by lawyer known for p***-downloading lawsuits
(DBN)

Everything we know about the iPhone 7 so far
(DBN)

Apple secretly included a USB 3.0 port on the iPad Pro — and no one noticed
(DBN)

A cop put a gun to a man's head during a traffic stop — now he's facing 45 years in jail
(DBN)

FBI: Investigating CA massacre as act of terrorism Woman Attacker Pledged Alliance to ISIS Leader During Shooting Wife May Have Been Driving Force in Rampage Dad: San Bernardino shooter agreed with ISIL, 'obsessed with Israel' Attorneys for San Bernardino Shooters' Family Question Terrorism Links FBI raids the home of a man believed to have originally bought assault rifles used in the San Bernardino attacks Pakistani security is trying to thwart reporting on female San Bernardino shooting suspect Tashfeen Malik may be the 'wild card' in the San Bernardino shooting investigation Attorney General Lynch: ‘Threat Has Evolved’Government source says California suspects may have planned multiple attacks Obama: Terror threat ‘has evolved into a new phase’
(DBN)

When mass shootings become ordinary
(DBN)

Poll: Most Americans generally see US Muslims no differently than any other group
(DBN)

Gun stocks spike after California massacre Why mass shootings don't convince gun owners to support gun control
(DBN)

The US Justice Department will open an investigation into Chicago police: source
(DBN)

Woman stabbed at Florida art exhibition as bystanders stood by thinking it was performance art
(DBN)

Charlie Sheen's Ex-Fiance Sues Over HIV Exposure
(DBN)

Arrest warrant issued for retired lawyer accused of stealing from disabled client
(DBN)

Will live snake be admitted as evidence in homeowner case against real estate agent?
(DBN)

Mom who left 6-year-old daughter alone in car for 10 minutes fights neglect finding
(DBN)

Don’t Judge A Book By Its Cover. Judge It By Its Opening Line.
(DBN)

Lawyer Seminar Gets WILD With ‘Unprofessional And More Than Questionable Entertainment Activities’
(DBN)

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Judges:

3 Armed Men Invade The $8 Million Mansion Of A Federal Judge And Her High-Powered Husband
(DBN)

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Wall Street:

U.S. stocks poised to add to Friday’s big gain
(DBN)

Snap-back rally yields a 370-point Dow advance US stocks score biggest gains in 3 months
(DBN)

Don’t let Friday’s feel-good stock market fool you
(DBN)

European stocks mark worst week in more than 3 months
(DBN)

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Layoffs:

Barclays is reportedly cutting 20% of its investment bank staff
(DBN)

Noble plans to lay off up to 130 employees
(DBN)

Rdio is laying off more than half of its employees
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Personal Finance:

The worst tippers in New York City live in the most expensive neighborhoods
(DBN)

A (scary) list of what kids need to know about money
(DBN)

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Fraud:

Madoff victims get holiday treat $1.2 Billion in Sixth Ponzi Scheme Payout
(DBN)

Madoff Fund Manager Starts Legal Defense With History on Side
(DBN)

Rajat Gupta - His Legal Bills Totaled $30 Million & Another Theory About Why He Crossed Line
(DBN)

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Healthcare:

Judge rejects Andy Krafsur's letter in Children's bankruptcy case
(DBN)

Hutcheson employees hold 'last supper' on hospital's final night
(DBN)

Seton hospital sale approved: Transaction can save Daughters of Charity from bankruptcy
(DBN)

Transaction for troubled Daughters of Charity hospitals approved
(DBN)

St. Michael's sale to Prime is another step closer to approval
(DBN)

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Electricity:

Energy Future Wins Chapter 11 Plan Confirmation
(DBN)

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Celebs:

Shoe Queen Tamara Mellon Puts Luxury Line in Bankruptcy What key lessons can be gleaned from Tamara Mellon's bankruptcy ?
(DBN)

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Education:

Students of defunct for-profit to receive $28 million in loan forgiveness
(DBN)

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Autos:

Volkswagen car sales down 20 percent in UK after scandal VW Is Losing Top Engineering Talent, While Hanging on to Monolithic Culture Lawyers suing VW compete for roles and venues
(DBN)

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Student Debt:

Elizabeth Warren Pans Education Department For Drawn-Out Debt Relief Process
(DBN)

Student loans don't have to be this miserable
(DBN)

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Coal:

Union takes aim at Walter Energy bonuses
(DBN)

Before Blankenship Faced Prison, He Called Coal Market Perfectly
(DBN)

Not Working in the Coal Mine
(DBN)

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Telecoms:

FCC Approves Transfer of LightSquared Spectrum Licenses
(DBN)

LightSquared Granted Change of Control by FCC; Commission Approval Clears Path to Chapter 11 Exit
(DBN)

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Guns:

Colt Asks Bankruptcy Judge To Allow Reduction in Retiree Medical Benefits
(DBN)

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Corporate Reform:

HARA$$ the CFPB: Omnibus Edition
(DBN)

____________

Sports:

The Sports Bubble is About to Pop
(DBN)

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Economy:

U.S. exports fall to lowest level in three years
(DBN)

2015: Corporate Mergers Hit Record High
(DBN)

JP Morgan: We see a 76% chance of recession within 3 years
(DBN)

Summers: Preparing for the Next Recession
(DBN)

November Jobs Report – The Numbers Economists React: ‘It’s Very Likely the Fed Will Begin Raising Interest Rates’ The November Jobs Report in 14 Charts Is the Economy Now Close to Full Employment? 3 Conclusions from the November Jobs Report
(DBN)

The tumbling US unemployment rate has been surprising experts for years
(DBN)

Wages Are Growing 2.3%, But Your Paycheck Probably Isn’t
(DBN)

Top 20 billionaires worth as much as half of US
(DBN)

Fed's Bullard says he doesn't want repeat of mechanical pace of interest-rate hike
(DBN)

Bond Market Warning: 'People are going to be carried out on stretchers'
(DBN)

Bernanke: Fed emergency lending
(DBN)

The economic 'runway has been cleared for liftoff'
(DBN)

Bill Gross: Fed Is Certainly Set to Go
(DBN)

Jobs report gives Fed green light, BUT
(DBN)

Cleveland Fed: Raising the minimum wage is bad news for America's poorest
(DBN)

Goldman: Strange Things Happening in Markets Could Keep Interest Rates Low
(DBN)

Nearly 20% of 25- to 34-year-old men live with their parents
(DBN)

'Calm has reigned over financial markets, but it has been an uneasy calm'
(DBN)

Why are so many millennials unemployed?
(DBN)

The commodities bloodbath of 2015 in one chart
(DBN)

How America changed since the Fed gave us 0% rates
(DBN)

Immigrant women adjust incredibly well to the US economy
(DBN)

America used to build things
(DBN)

Are 'missing' construction workers re-appearing?
(DBN)

Emerging Market Debt Sales Are Down 98 Percent
(DBN)

There is No White Debt White Debt
(DBN)

Countries With Worst Youth Unemployment
(DBN)

BIS: Uneasy Calm in Financial Markets
(DBN)

The last 2 times the manufacturing gap reached this point, something worrying happened
(DBN)

US Debt Clock
(DBN

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

How housing may weather the incoming Fed rate hikes
(DBN)

Where a Fifth of Homeowners Are Still Underwater
(DBN)

Owners of San Antonio apartment complex seek bankruptcy
(DBN)

Obama Administration considering extension of HAMP servicing rules
(DBN)

Trulia: 3 predictions for housing in 2016
(DBN)

Nomura: Non-performing loan sales hit post-crisis high, and they’re not going away
(DBN)

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Municipalities:

Puerto Rico Gets Supreme Court Hearing on Debt Restructuring Supreme Court Accepts Puerto Rico Debt Restructuring Case Supreme Court to Review Ruling on Puerto Rico Restructuring Law Court to rule on Puerto Rico debt-relief options
(DBN)

Walmart Sues Puerto Rico Over 'Astonishing' Tax Increases
(DBN)

Puerto Rico's Bankruptcy Case: If Something Can't Go On For Ever Then It Won't
(DBN)

Puerto Rico Talks Risk Rises With Supreme Court Hearing Appeal
(DBN)

Puerto Rico risks creditor ire by hijacking money earmarked for bond payments
(DBN)

Should Puerto Rico Be Granted Bankruptcy Powers?
(DBN)

Let the U.S. Treasury Rescue Puerto Rico
(DBN)

Puerto Rico Talks Risk Rises With Supreme Court Hearing Appeal
(DBN)

Puerto Rico is in a 24-hour debt showdown again
(DBN)

Why Puerto Rico matters
(DBN)

Puerto Rico's governor says default 'looms large'
(DBN)

Attorneys: Detroit unlikely to get $50M back from biz on pre-bankruptcy claims
(DBN)

The Threat to Detroit’s Rebound Isn’t Crime or the Economy, It’s the Mortgage Industry
(DBN)

San Bernardino: A bankrupt city trying to turn itself around
(DBN)

Still no deal on Atlantic City's troubled finances
(DBN)

Free Bluegrass Plays On as Kentucky Town Angles for Bankruptcy
(DBN)

Where Are The Providence Pols On City Financial Woes
(DBN)

Court: Central Falls not required to cover ex-officials' legal fees
(DBN)

Texas Miracle Economy About to be a Victim
(DBN)

The 10 states where college graduates have the best chance of getting a job
(DBN)

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Gambling:

Caesars Takes Aim at Law Aiding Creditors - Amendment to the law could undermine lawsuits against Caesars brought by bondholders
(DBN)

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Food/Beverage:

Chipotle: Our Q4 sales are tanking
(DBN)

Why Keurig may be in big trouble
(DBN)

Haggen gets go-ahead to sell remaining 33 stores in Oregon
(DBN)

Grocery chains leave food deserts barren, AP analysis finds
(DBN)

Foodtown operator bids $1M for Pathmark name
(DBN)

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Oil/Gas:

Mon.: Oil falls towards 2015 low on OPEC inaction, strong dollar
(DBN)

Goldman: Oil could drop 50%
(DBN)

Don't expect to see oil above $50 for a while
(DBN)

Keep on pumpin': OPEC meeting ends with no change in output quotas OPEC Fails To Alter Production Ceiling After Iran Pledges To Boost Output Oil settles below $40 as OPEC keeps pumping despite glut OPEC decision is futile, Saudi strategy is 'doomed to failure' OPEC 'dead' as oil countries go it alone on price and production Challenging times continue for oil and gas companies Donald Trump on Obama's national-security address: 'Is that all there is?'
(DBN)

Oil job cuts: Here are the US regions most at risk
(DBN)

Baker Hughes: US Oil Drillers Cut Rigs For 13th Week In 14
(DBN)

As Oil Keeps Falling, Nobody Is Blinking
(DBN)

American shale boom to bust
(DBN)

Report: Downturn will fundamentally reshape services industry
(DBN)

Yergin: Why oil prices cannot stay this low
(DBN)

No HOVENSA hearing scheduled for St. Croix
(DBN)

Paragon Offshore in Talks With Bondholders to Cut Debt
(DBN)

Petrobras Scandal Added to Vantage Woes in Tough Oil Market
(DBN)

Oil crash “deepest and longest” in history of Texas Petro Index
(DBN)

US Regions Most at Risk for Oil Jobs Being Cut
(DBN)

While job growth lifts most of US economy, oil patch suffers
(DBN)

US Jobs Report Reveals 11,300 Decline in Mining Jobs
(DBN)

As oil prices tumble, Gulf sovereign funds withdraw $19B
(DBN)

Big Oil Bracing for Fight to Keep Government Payments Hidden
(DBN)

____________

Politics:

Trump's bankruptcies hold important investor lessons On Sunday Shows, Donald Trump Brings Out Bipartisanship — Against Him Donald Trump Gets A Taste Of His Own Medicine Donald Trump accuses CA shooter’s family of knowing about it in advance Note to Donald: Quit Tweeting What if Trump Wins the Nomination? Trump County, USA
(DBN)

George Stephanopoulos asked Hillary Clinton to explain why Donald Trump is doing so well
(DBN)

At odds with GOP on Planned Parenthood
(DBN)

Chris Christie Targets Rubio Amid New Hampshire Push Chris Christie Sees a Moment–and Tries to Seize It
(DBN)

Ben Carson slams entire GOP field: Nobody has foreign policy experience ‘except for Hillary Clinton’
(DBN)

Gun rights? Try gun pride: GOP candidates display firearms machismo
(DBN)

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New Bankruptcy Opinions
(3 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (25 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (9 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)

______________

Miscellaneous:

The Week Ahead
(DBN)

RDM’s Roundup
(DBN)

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Bankruptcy Forms:

Initial Attorney Reactions to the New Bankruptcy Forms
(DBN)

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TIA:

Save the TIA!
(DBN)

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Deemed Acceptance:

In re Nancy Akbari-Shamirzadi Round 2: TKO
(DBN)

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Plan Confirmation:

Defining the Permissible Boundaries of Plan Injunctions
(DBN)

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Alternative Energy:

States are cutting solar paybacks
(DBN)

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Education:

Half of community college students struggle to find housing, food
(DBN)

Goldman Sachs: College may not be worth it
(DBN)

____________

Retailing:

12 retailers that wiped out in 2015
(DBN)

Aeropostale: What Hope Is Left Isn't Much
(DBN)

Skymall gets back in the air
(DBN)

Claims process begins for RadioShack gift cards
(DBN)

American Apparel Founder Hires Investment Bank to Pursue Bid Deeply Discounting Dov Charney
(DBN)

____________

Brokers:

Direct Access Partners Employee Sentenced to Prison
(DBN)

____________

Steel:

S&S Steel Services mired in financial woes
(DBN)

____________

Fraud:

Corzine Wants To Talk About MF Global, But Not Now
(DBN)

____________

Ethanol:

Billionaire's Bet on Ethanol Goes Really Bad
(DBN)

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Agriculture:

Bankruptcy and Federal Crop Insurance
(DBN)

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Mining:

Why Bankruptcy Might Be the Mining Industry’s Last Best Hope
(DBN)

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Movies:

Germany's A Company Emerges from Insolvency
(DBN)

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Travel:

People faking disabilities to fly with pets
(DBN)

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Computers:

Fuhu Holdings files for Chapter 11 bankruptcy protection
(DBN)

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Debt Collection:

The Return of Debtors' Prisons
(DBN)

___________

Banking:

Citigroup sent a memo to staff reminding them to not dress like slobs
(DBN)

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Sovereigns:

Lessons for Indebted Countries- Argentina, Greece, Sri Lanka: There lies a Way Ahead
(DBN)

____________

UK:

Scot Young's ex-wife Michelle claims she has found £187m of his hidden money
(DBN)

Alpari Unsecured Creditors to Get Interim Dividend
(DBN)

A record number of UK publishers are going out of business
(DBN)

Britain's manufacturing sector is sending a really ominous signal about the global economy
(DBN)

This Christmas the City is partying like it’s 2006 – but the firms would like to keep the largesse a secret
(DBN)

____________

EU:

Draghi says ECB could step up stimulus if needed
(DBN)

Europe's €2 trillion problem: One third of all euro-area government bonds now have negative yields
(DBN)

____________

PIIGS:

Meet the 'snowball' — the crazy debt deal uncovered by an ex-Goldman banker that almost sunk Portugal's railway
(DBN)

Abengoa struggle casts cloud on jobs, banks in Spain and abroad Renewable Energy Bankruptcy Threatens Spanish Banks Why Shares of Abengoa SA Plunged 56% in November Spanish minister criticizes Abengoa over executive payoffs
(DBN)

Greek Parliament Approves 2016 Budget, Expects More Austerity Moves
(DBN)

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Finland:

Finland plans to pay everyone in the country $876 a month
(DBN)

____________

Australia:

KPMG chairman Peter Nash urges embrace bankrupts to promote innovation Changes to insolvency laws will allow “viable businesses” to be rebuilt Insolvency changes 'more important than money' Startups 'free to fail' in bid to encourage risk-taking Turnbull's scattergun nimbling of Australia is no grand vision Free to fail in Malcolm Turnbull's new $1.1 billion innovation plan Here's one big pressure on company directors the innovation statement could solve
(DBN)

Aussie Debt Swells Faster Than Global Demand Amid Resources Rout
(DBN)

____________

India:

Defaulted India bonds now on sale to global pioneers
(DBN)

____________

Brazil:

Brazil's embattled leaders turn on each other
(DBN)

____________

Nigeria:

28 Nigerian states may have gone technically bankrupt Can Nigeria states go bankrupt ?
(DBN)

____________

China:

China to grow at 6.5% in 2016, think tank says
(DBN)

This is what a doom loop looks like in China
(DBN)

____________

Japan:

Toshiba Said to Face Biggest Fine by Japan's Financial Regulator
(DBN)

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MENA:

Here's where terrorist groups like ISIS and Al Qaeda get all their money from
(DBN)

____________

Romania:

Only 100 of 57200 claims files get paid after Romanian insurer's bankruptcy
(DBN)

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