April 21, 2016

The Daily Bankruptcy News

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Law:

An Early Look at the 2016 Am Law 100
(DBN)

Character Letters Provide Glimpse Into Ex-Bryan Cave Lawyer’s Life
(DBN)

Are Average Student Loan Debt Figures Misleading?
(DBN)

Lawyer who spoke out after fellow lawyer shot himself during trial gets suspension overturned
(DBN)

Lawyers accused of using paralegal to friend litigant face ethics probe after court decision
(DBN)

Controversial NC bathroom law also restricts local governments’ ability to regulate employment
(DBN)

What Should Be A Dinosaur’s Legacy?
(DBN)

Are India's 1,200 Law Schools Enough?
(DBN)

Syracuse Law School Exploring Online Degree Program
(DBN)

7 easy tricks to feel less awkward in any situation
(DBN)

Business dining etiquette rules every professional should know
(DBN)

A master networker explains how to become instantly memorable when you meet someone new
(DBN)

Law Revue Video Contest 2016: The Finalists!
(DBN)

Out of the Mouths of Babes – and a Response from the Cynical Old Lawyer
(DBN)

A Harvard negotiation expert walked me through a brilliant strategy for managing a personal conflict
(DBN)

Awkward Photos Make For A Bad Law Firm Website
(DBN)

Vatican A Role Model On Social Media For Legal Profession
(DBN)

Trial date set for Sandy Hook lawsuit against gun companies
(DBN)

Sacha Baron Cohen on Borat & Lawyers
(DBN)

This H---- Lawyer’s Strangely Moving S-- Diary Has A ‘Happy Ending’
(DBN)

Lawyers Accused of Facebook Spying Can Face Ethics Complaint, State High Court Rules
(DBN)

The United States Ranked 41st Among Nations In Press Freedom
(DBN)

British LGBT Tourists Warned About Visiting North Carolina and Mississippi North Carolina's transgender bathroom law could be overturned very soon
(DBN)

Former New Orleans Cops Plead Guilty to Shooting Fleeing Katrina Survivors
(DBN)

Shark lawyers: Law firm embraces industry stereotype by naming firm after deadly predator
(DBN)

A lawyer has made it his mission to debunk health fads
(DBN)

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Judges:

Judge Accused Of Showing Up Drunk
(DBN)

Two Surprise Votes for the Power of Courts
(DBN)

SCOTUS Makes Exception to No-Cell-Phone Policy
(DBN)

Supreme Court Chief Justice learned sign language to swear in deaf lawyers
(DBN)

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Wall Street:

U.S. stocks pause in upward chase with GM results, ECB ahead
(DBN)

US stocks close at 2016 highs as oil rally continues
(DBN)

5 reasons stocks are surprisingly back near record highs
(DBN)

Everybody Hates Whatever They Think ‘Wall Street’ Is: WSJ
(DBN)

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Layoffs:

WARNing: You Could be Personally Liable
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Retailing:

Committee of Unsecured Creditors Named in PacSun Bankruptcy
(DBN)

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Pharma:

MannKind: Bankruptcy Is Off The Table
(DBN)

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Healthcare:

Obamacare Seems to Be Reducing People's Medical Debt
(DBN)

David Boies Defends Theranos Amid SEC, U.S. Attorney Probes
(DBN)

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Fraud:

Victims of Petters' Ponzi scheme to start getting money
(DBN)

Madoff Inner Circle Loses Appeal of Ponzi Scheme Convictions
(DBN)

Stop Hatin' On Lawyers For The Panama Papers
(DBN)

Panama Papers: US Launches Criminal Probe
(DBN)

New York Wants Foreign Banks to Hand Over Panama Records
(DBN)

U.K. Authorities Face Dilemma on Panama Papers They Haven't Seen
(DBN)

Oxford Con: English Woman Defrauds Parents Of £250,000 To Support A Nonexistent Oxford Education
(DBN)

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Autos:

GM cites progress in ignition-switch case settlement talks
(DBN)

Rumor: VW to Buy Back 500,000 Cars
(DBN)

Rumor: VW to Pay $5,000 to Diesel Owners
(DBN)

VW Settlement Expected Today
(DBN)

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Regulations:

Sorry, Bankruptcy Probably Can't Help You Escape FERC
(DBN)

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Financial Advisors:

Cetera Turns the Page From RCAP Bankruptcy
(DBN)

Bellevue investment adviser’s ex-clients object to bankruptcy filing
(DBN)

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Hedge Funds:

Hedge Funds Suffer Worst Outflows Since Financial Crisis Era
(DBN)

Hedge Funds Are Getting Stuffed
(DBN)

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Distressed Investing:

Do Distressed Companies Present a Buying Opportunity?
(DBN)

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Gambling:

Apollo, TPG Turn to Oil Crash to Salvage $31 Billion Caesars Bet
(DBN)

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Politics:

Trump says he would dump Fed chief Janet Yellen Trump’s Colorado Complaint Holds No Water The one county in New York that Trump lost is the one he calls home Trump's claims about 9/11 don't hold up to scrutiny Here's Donald Trump's path to the magic number he needs to win the GOP nomination Trump's New York Win to Be Tested by Elite's Choice of Delegates It Is Now Mathematically Impossible for Anyone Other Than Donald Trump to Clinch the GOP Nomination Before the Convention
(DBN)

Cruz Knocked Out of First Ballot Win Ted Cruz lashes out at Donald Trump after massive New York primary loss Contested convention is now Ted Cruz's only chance at Republican nomination
(DBN)

What defunct Christie campaign sold and rented out to pay off its debt
(DBN)

Bernie Sander's Failed Revolution
(DBN)

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Art:

Artists Fight to Get Works Back From Ace Gallery, Now Under New Leadership
(DBN)

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Aviation:

Is One Of Delta's Biggest Investments About To Go Bust?
(DBN)

Default: CHC Group Cut to D After Missed $46M Coupon Payment
(DBN)

Pilot Fistfight Breaks Out During Flight
(DBN)

Worst Airline for Nickel and Diming Us
(DBN)

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Electricity:

Hunt deal to buy Oncor will fall apart without changes, buyers say
(DBN)

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Economy:

American Dream is 'no longer in reach'
(DBN)

Overall Credit Card Debt Accumulation, Delinquency Rates Increase in 2015
(DBN)

Parents Are Bankrupting Themselves to Look Adequate
(DBN)

We can't save the economy unless we fix our debt addiction
(DBN)

Investors Boost Inflation Bets as Treasuries Tumble on Oil Gains
(DBN)

Harriet Tubman to Take Over on $20 Bill Jack Lew: Here's why we're putting Harriet Tubman on the $20 bill He Never Really Deserved To Be On Our Money The New $20: Harriet Tubman vs. Andrew Jackson
(DBN)

Millennials' beliefs about retirement are 'delusional'
(DBN)

How much money it takes to live comfortably in the 50 biggest US cities
(DBN)

Big Companies Still Employ Lots of People
(DBN)

The ‘Idleness Rate’ for Young High-School Graduates Is 15.5%
(DBN)

As the Economy Floundered, Minority Women Opened Businesses
(DBN)

US Debt Clock
(DBN

World Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Single Asset Real Estate Cases: 0 Is Less Than 4 – Or Is It?
(DBN)

Landlords Beware: Seventh Circuit Finds Commercial Lease Termination Is A "Transfer" Under Bankruptcy Code
(DBN)

US mortgage application index rises to 9-week high
(DBN)

Missing for millennials: Down payment savings
(DBN)

A How-To Manual for Preventing Commercial Properties from Going into a Court-Appointed Receivership
(DBN)

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Municipalities:

Top House staff to talk over stalled Puerto Rico bankruptcy bill Puerto Rico Aid Talks Continue With No End in Sight Congress Bickers As Puerto Rico Edges Closer To A Default
(DBN)

Puerto Rico Registers to Sell Notes as May 1 Default Looms
(DBN)

Puerto Rico Wants to Sell You Debt Just Before its Possible Default
(DBN)

Congress braces for fallout from Puerto Rico default
(DBN)

Congressman: Puerto Rico is the canary in the US debt mine
(DBN)

Why restructuring Puerto Rico’s $72 billion debt is not a bailout
(DBN)

Nuveen Is a Fan of Draft Puerto Rico Rescue Legislation
(DBN)

Puerto Rico Debt Bill: Accusations Cause Delay
(DBN)

In Illinois, some push bankruptcy as solution to troubled public budgets
(DBN)

3 charged with crimes in Flint water crisis Charges against 3 in Flint water crisis 'only the beginning'
(DBN)

5 Revelations About Detroit's Bankruptcy Story
(DBN)

Hillview , KY 2010 GO debt rating raised seven notches
(DBN)

Illinois lawmaker: Municipal bankruptcy may not be magic bullet but it's another 'tool in toolbox' for pension crisis
(DBN)

Sweeney fears Atlantic City bankruptcy after meeting with Prieto
(DBN)

Official testifies that 2012 pension deal helped Providence avoid bankruptcy
(DBN)

Kansas Delays Road Work, Cuts College Funds Kansas Tax Cuts Were a Huge Mistake
(DBN)

Economists: Texas handling oil slump well
(DBN)

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Oil/Gas:

Drilling Deeper: The Intersection of Producer Bankruptcies and Gathering Agreements
(DBN)

‘Hard choices’ in Texas as oil bust, costly lawsuits collide
(DBN)

Oil inventories surge past record high Crude prices fall on end of Kuwait strike US oil surges 3.77 pct, posts highest close this year Oil up 4 percent on small U.S. crude build, talk of another producer meeting Oil makes big gains on stronger market outlook Oil prices keep climbing despite lack of output freeze How to make sense out of a confusing rally for oil futures
(DBN)

Is Pacific Exploration & Production Going Bankrupt?
(DBN)

EIG Cries Foul After Catalyst-Backed Bid Wins Pacific Auction
(DBN)

Energy M&A stalls as buyers see little they want
(DBN)

Oklahoma City-based Seventy Seven Energy reaches prepackaged bankruptcy agreement
(DBN)

U.S. Bancorp Profit Declines on Bigger Energy-Related Provision
(DBN)

Kinder Morgan Unveils Further Cuts to 2016 Spending Plans, Profit Falls 27%
(DBN)

Kinder Cancels Gas Pipeline, Demands Collateral as Slump Deepens
(DBN)

Magnum Hunter Resources Corporation Receives Approval for Restructuring Plan
(DBN)

The $2 Trillion Project to Get Saudi Arabia's Economy Off Oil
(DBN)

Shale War's Collateral Damage: Europe's Gas Prices
(DBN)

Linn Energy Really Wants You To Do That Exchange
(DBN)

Negative outlook for oil companies as Fitch predicts 22 percent fall in earnings
(DBN)

Oil Firms Hit Pay Dirt
(DBN)

Something Has To Give In The LNG Market
(DBN)

Shareholders of Sete Brasil, top client of Keppel and SembMarine, approve plan to file for bankruptcy
(DBN)

Is the Texas Miracle on ice? What low oil prices mean for us
(DBN)

Texas Draws Millions From Other States
(DBN)

Stock investors can now ignore the oil market
(DBN)

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Coal:

What Peabody's Bankruptcy Reveals About Coal
(DBN)

Protesters March on Peabody HQ, Urging Reparations in Bankruptcy
(DBN)

U.S. Coal Prices Steady - Global Producers Prepare for Protracted Period of Low Prices
(DBN)

One Final Blow to the U.S. Coal Industry
(DBN)

____________

Gems:

Israeli diamond dealer arrested amid huge fraud probe - Industry fears of bankruptcy Multi-million dollar theft suspected at Israel's Diamond Exchange
(DBN)

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Alternative Energy:

SunEdison's Failed Deals Could Bite Back in Bankruptcy
(DBN)

SunEdison Won't Go Bankrupt
(DBN)

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Pensions:

Elizabeth Warren chides Goldman Sachs, Northern Trust over Teamsters pensions
(DBN)

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Accounting:

Here's what a partner at a 'Big 4' accounting firm does all day
(DBN)

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Personal Finance:

12 items you should always buy from Costco
(DBN)

How to stop spending money without even noticing
(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 (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)

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Bankruptcy Statistics:

Task Force Studying Individual Chapter 11 Filings
(DBN)

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Discharge:

Purely “Compensatory” Debts Owed by Attorneys to Clients (Which Are Not Disciplinary or Punitive Fees Imposed by the State Bar) Are Dischargeable In Bankruptcy
(DBN)

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Gifting:

Third Circuit Permits Purchaser in Section 363 Sale to Make Payments to Interested Parties, Deviating from Bankruptcy Code Priority Scheme
(DBN)

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Bankruptcy Rules:

District Court Must Follow Bankruptcy Rules for Filing Deadlines
(DBN)

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Mediation:

Mediation Plays Increasing Role in Bankruptcy Cases
(DBN)

Mediator Testifying as Witness?! A New Appellate Opinion on Mediation Confidentiality
(DBN)

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Chapter 13:

Bankruptcy Court Reversed on Appeal for Confirming Chapter 13 Plan that Favors Debtor’s Attorney Over Homestead Mortgagee
(DBN)

Rethinking Chapter 13
(DBN)

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Corporate Governance:

Defalcation and the Hazards of Board Membership – Lessons from the Fifth Circuit
(DBN)

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RSAs:

Bankruptcy's Quiet Revolution
(DBN)

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Absolute Priority:

Priority Matters
(DBN)

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Recharacterization:

Whither Recharacterization
(DBN)

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Avoidance Actions:

Bankruptcy Preferences: Recalcitrant Passengers Aboard the Flight from Creditor Equality
(DBN)

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TBTF:

Break up big banks? Wells Fargo needed size to save Wachovia
(DBN)

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Cross-Border:

The Synergies and Challenges of a Canada-U.S. Insolvency Proceeding
(DBN)

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Recent Pleadings:

Florida Bankruptcy Law Firm Sued In Class Action For Causing Prospective Debtors To Incur Higher Debt In Contemplation Of Bankruptcy - To Pay Retainer
(DBN)

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Sovereigns:

Argentina's 'Malbec' bonds rocket in secondary
(DBN)

Argentina Delivers $497 Million Windfall to Bond Investors
(DBN)

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UK:

Insolvency expert warns living wage puts 15,000 companies at risk
(DBN)

Tick, Tick: MVLs- a ticking time bomb?
(DBN)

U.K. Retail Sales Fall More Than Forecast; Budget Target Missed
(DBN)

The Brexit Barrier for U.K. Retailers
(DBN)

Manolete Credits Work of Insolvency Practitioners for Stunning Growth
(DBN)

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PIIGS:

Problems with Italy’s banking system a threat to its neighbors
(DBN)

Renewed Greek Bailout Talks Imply Europe-Wide Ramifications Agreement reached on timetable for sale of power grid operator VAT hike is confirmed in talks with creditors Greece debt talks may not solve economic woes Budget Data Boost Greek Hopes in Talks With Lenders Greece-Lenders Still Disagree Despite VAT Hike and Internet Levy
(DBN)

Isolux Said to Hire Houlihan Lokey to Review Debt Structure
(DBN)

____________

Canada:

How the budget’s bank ‘bail-in’ changes could cost Canadian depositors
(DBN)

Is Alberta's economy really too dependent on fossil fuels?
(DBN)

Energy sector's woes could put taxpayers on hook for cleanups
(DBN)

____________

China:

China's Baoding Tianwei Defaults for Third Time on Bond Payment
(DBN)

How Bad Is China's Debt Problem? Why We Should Be Concerned
(DBN)

China's Economic Recovery Masking Financial Risks, Fitch Says
(DBN)

China to strictly control credit for new coal, steel projects
(DBN)

'China Inc bankruptcies to climb 20%'
(DBN)

Soros: China's Growth Mimics US in 2007
(DBN)

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Belgium:

Bankruptcy statistics in Belgium: March 2016
(DBN)

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Russia:

Russia ordered to pay USD 50 billion for actions designed to bankrupt oil producer
(DBN)

Russia Plugs $50 Billion Yukos Gusher
(DBN)

Dutch court quashes $50 billion Yukos shareholders’ award
(DBN)

Russia wins legal victory over Yukos damages
(DBN)

____________

Australia:

Australia sees $73 million cleanup bill for nickel plant near Barrier Reef
(DBN)

Clive Palmer 'wanted to hang on to cash'
(DBN)

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Brazil:

Oi's Vexing Credit Mess: How to Deal With $14.2 Billion of Swaps
(DBN)

Sete Brasil to seek creditor protection in blow to Petrobras
(DBN)

____________

India:

India’s banks face up to corporate debt problems
(DBN)

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MENA:

Creditor sale brings Limitless to brink of debt plan deal
(DBN)

ISIS Executes 250 Women for Refusing to Become Sex Slaves America Can't Do Much About ISIS
(DBN)

____________

Venezuela:

This is what the death of a nation looks like
(DBN)

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