April 25, 2016

The Daily Bankruptcy News

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Law:

Pepper Hamilton and Reed Smith End Merger Discussions Pepper Hamilton Announces End of Merger Talks with Reed Smith Did Reed Smith Just Get Dumped In Merger Talks?
(DBN)

Checking In: Gary L. Kaplan, Fried Frank
(DBN)

Law Schools that Feed Big Law Partnerships
(DBN)

Top 10 law schools for people who actually want to become lawyers
(DBN)

Law School Rankings: Graduates Who Made Partner In AmLaw 100 In 2015
(DBN)

Firms Ranked by Gross Revenue
(DBN)

The Am Law 100: Signs of a Slowdown The 2016 Am Law 100: Growth Slows For Big Law Beyond The Am Law 100: A Reminder of Why There’s More to Practicing Law
(DBN)

Andrews Kurth Settles $200M Malpractice Suit
(DBN)

Volatile Commodities Market Making Bankruptcy Work Tricky
(DBN)

Bankruptcy Lawyer Named to Crowe & Dunlevy Executive Committee
(DBN)

Attorneys Who Practice in New York Must Have an Office There, Court Rules
(DBN)

Dershowitz: A Nightmare of False Accusation That Could Happen to You
(DBN)

An Amateur vs. ISIS: A Car Salesman Investigates and Ends Up in Prison
(DBN)

Chart: The 2015 Top Verdicts
(DBN)

The 5 Things You Must Do To Make Partner
(DBN)

To Live and Practice in New York State
(DBN)

Unemployed Eastern Lawyers - Head West
(DBN)

A Dentons-Sized Conflict?
(DBN)

Can Sidley break out of the beige?
(DBN)

Ford GC on Hiring Laterals: Only If We Have To
(DBN)

Sorry Law Firms, Verizon’s GC is Taking it In-House
(DBN)

Law School Attendance, Happiness, And Success
(DBN)

Look To A Rabbi To See How To Advocate
(DBN)

21-Step Guide On How To Leave The Law And Begin Anew
(DBN)

The Pink Ghetto: Paternity Leave Horror Stories From Dads Working In Law Firms
(DBN)

Amal Clooney’s Advice For Aspiring Attorneys
(DBN)

Wayne State law dean runs Boston Marathon in just over 6 hours, while 8 months pregnant
(DBN)

A Harvard Business School professor shares 3 ways to win a negotiation before you even start talking
(DBN)

8 small signs people use to judge your personality
(DBN)

Ex-client sues firm for allegedly accepting credit card payment for bankruptcy legal fees
(DBN)

Federal Prosecutors Drop Court Case to Force Apple to Unlock iPhone
(DBN)

Texas cop: I’d beat a trans woman unconscious if she tried to share a bathroom with my daughter
(DBN)

Law Revue Video Contest 2016: Honorable Mentions
(DBN)

Let’s Play Cards Against Lawyers
(DBN)

Eight Members of the Same Family Were Murdered in Four Different Locations of a Small Town Ohio Attorney General Calls Killing of 8 a ‘Pre-Planned Execution’ Marijuana "Grow Operations" Found at Sites Where Ohio Family Was Murdered
(DBN)

Former BigLaw lawyer is sentenced to six months in prison
(DBN)

Better Read Saul?
(DBN)

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Judges:

View from the Bench: US Bankruptcy Judge Michael E. Wiles, Southern District of New York
(DBN)

New Lawsuit Says Gov't Shouldn't Profit from PACER PACER Fees are Illegally High, Lawsuit Alleges
(DBN)

John Roberts Under Attack
(DBN)

‘Cite you again’ – Law students’ musical eulogy to US Supreme Court judge Antonin Scalia
(DBN)

Grassley acknowledges facing toughest re-election in decades
(DBN)

Judge publicly reprimanded for jailing domestic-violence witness who recanted
(DBN)

This federal appeals court has been waiting more than six years for a judge
(DBN)

Concerned about veteran with PTSD, judge orders him to jail and serves the time with him
(DBN)

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Wall Street:

US stocks futures dip as crude slips
(DBN)

Stocks End Mixed
(DBN)

U.S. Stocks Finally Get a Strong Whiff of Weak Earnings
(DBN)

Stocks aren’t overvalued . . . as long as interest rates stay low
(DBN)

The stock market is stalling and exhausted, chart watchers say
(DBN)

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Layoffs:

Halliburton cut 6,000 jobs in the first quarter
(DBN)

Schlumberger cuts 8,000 jobs in first quarter in ‘toughest environment’ in decades
(DBN)

Oil Crash Creates Glut Of Petroleum Engineers – More Layoffs Coming
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Healthcare:

New questions raised over Palmaz Scientific stock sales
(DBN)

Texas Health Resources makes $112M bid for bankrupt hospital
(DBN)

Bidding war breaks out for Forest Park's Fort Worth hospital
(DBN)

Sabra Health Care REIT, Inc. Provides Update on Forest Park Medical Center
(DBN)

Qamar files for Chapter 11 bankruptcy protection Cardiologist plagued by legal woes files for Chapter 11 bankruptcy
(DBN)

____________

Retailing:

Department Stores Need to Cull Hundreds of Sites, Study Says
(DBN)

Aeropostale Delisted From New York Stock Exchange Aeropostale Won’t Fight NYSE Delisting
(DBN)

Sport Chalet closing all stores
(DBN)

Retailer Bankruptcies Are Hailing Down on the US Economy
(DBN)

____________

Public Relations:

How Companies Spin Bankruptcy Announcements
(DBN)

____________

Metals:

CCA makes winning bid for Sherwin Alumina
(DBN)

Class Action Suit Against Certain Officers And Directors Of Horsehead Holding Corp.
(DBN)

____________

Taxis:

Medallions pile up as Uber, Lyft ride high
(DBN)

Uber Reaches a Tipping Point With Its Drivers Uber drivers get some clarification on tipping; riders likely still confused
(DBN)

The politics of the gig economy
(DBN)

____________

Corporate Reform:

Wall Street’s Problem Isn’t Too Big to Fail. It’s Too Big to Nail
(DBN)

____________

Engineering:

Howard Birdsall goes to prison for corruption
(DBN)

____________

Coal:

West Virginia regulator opposes sales of coal mines by bankrupt Alpha Natural
(DBN)

WY: Falling revenues prompt Gov. Mead to implement budget cuts
(DBN)

2016 coal production expected to fall 16%
(DBN)

____________

Personal Finance:

Ten ways to trick yourself into saving money
(DBN)

9 easy ways to simplify your life
(DBN)

7 tiny daily habits that can lead to huge results
(DBN)

____________

Student Debt:

How Forgiving Student Loans Helps Farmers
(DBN)

____________

Hedge Funds:

Investors are fleeing hedge funds in droves
(DBN)

____________

Fraud:

Agape World Ponzi scheme associate sentenced to 7 years
(DBN)

____________


Economy:

Fed seen holding rates this week with hike still on horizon Lackluster GDP throws wrench into Fed’s rate-hike plans
(DBN)

The Fed Fights the Tape Over Interest Rates
(DBN)

Schwarzman: 'A new distress cycle is clearly underway'
(DBN)

Gundlach: Negative interest rates 'are the stupidest idea I have ever experienced' A "horror"
(DBN)

Most of the Recession’s Stay-at-Home Dads Are Going Back to Work
(DBN)

All of the problems Universal Basic Income can solve that have nothing to do with unemployment
(DBN)

What the average 29-year-old looks like
(DBN)

US Debt Clock
(DBN

World Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

“Big Box” and Other Retail Tenant Bankruptcies – What Is a Commercial Landlord to Do?
(DBN)

Missing ingredient for millennials: Down payment savings
(DBN)

Home Sellers Experience Highest Price Gains in More Than Eight Years
(DBN)

Housing Crunch: The Price Isn't Right
(DBN)

Libbie condo buyers pushing developer into bankruptcy
(DBN)

____________

Municipalities:

Puerto Rico Kicks a Useless Can
(DBN)

How US Policy Continues To Leave Puerto Rico In Bankruptcy Limbo
(DBN)

Puerto Rico at the Brink
(DBN)

Puerto Rico Economy Worsens With Crisis, Most Anywhere You Look
(DBN)

Paul Ryan's Biggest Test Yet: Saving Puerto Rico From Congress
(DBN)

Make No Mistake: Puerto Rico Will Default on May 2, Moody's Says
(DBN)

Puerto Rico Moving Closer to Deal With Some Bank Bondholders
(DBN)

Hedge funds want Puerto Rico to borrow more cash
(DBN)

House likely to miss May deadline on Puerto Rico rescue bill
(DBN)

Only Congress Can Rescue Puerto Rico
(DBN)

In new book, Nathan Bomey chronicles Motor City bankruptcy 'Detroit Resurrected' Book Excerpt: Detroit Resurrected -- Pills or Picassos? A conversation with Nathan Bomey
(DBN)

Detroit After Bankruptcy
(DBN)

Mayor says Monessen near bankruptcy
(DBN)

Flint's Water Crisis Could Slow Its Housing Recovery Judges deny grand juror investigation into Flint crisis
(DBN)

Municipal Bond Defaults Shake Up a Once-Sedate Market
(DBN)

Kansas' Never-Ending Budget Mess
(DBN)

____________

Oil/Gas:

Slump in Energy Market Brings More Restructuring Activity
(DBN)

Uncertainty Rises for Energy Sector Bankruptcies
(DBN)

A Perspective on Impact of Failure to Freeze Oil Production
(DBN)

Oil and gas borrowers on brink as banks begin spring cleaning
(DBN)

As Energy Bonds Shed Distressed Tag, Some Investors Sound Alarm
(DBN)

Wary Energy Bankers Trying to Sell Loans Backed by Oil Reserves
(DBN)

Texas oil rig count keeps falling Horizontal Land Rig Count Summary 22nd April 2016 Baker Hughes: US Oil Drillers Cut Rigs For 5th Week To Nov 2009 Lows
(DBN)

The Worst Is Yet To Come For Oilfield Services
(DBN)

Low Crude Prices to Boost Oil & Gas Deals, A.T. Kearney Says
(DBN)

Texas has lost 84,000 oil and gas jobs in the oil bust
(DBN)

Oil is Heading Towards Another Crash
(DBN)

Oil Producers Lock In Once-Snubbed Prices
(DBN)

The Real Reason Saudi Arabia Killed Doha
(DBN)

Offshore rig operators reel from oil price rout
(DBN)

Fri.: US oil closes up 1.3 pct, ending week with more than 8 pct gain Speculators Driving Up the Price of Oil Worldwide Glut Continues, Causing Sinking Revenues Oil Glut Continues to Tank Prices
(DBN)

Why cheap oil hasn’t saved the US economy
(DBN)

Oil CEO: The oil industry is facing 'a full-scale' crisis
(DBN)

Debt-To-Equity Oil Bankruptcies And Hedge Fund Investing Suggest Oil Price Floor
(DBN)

Chancellor: Oil prices don’t need a Doha to rise
(DBN)

Linn Energy Exchange Offer Implications: Just The Facts
(DBN)

Gulf Keystone Bondholders Said to Ready Plan to Take Control
(DBN)

Schlumberger warns of "significant" revenue drop amid oil slump
(DBN)

Swift Energy emerges from bankruptcy
(DBN)

Is the fear of bankruptcy forcing Saudi Arabia switch to solar power biz? Wait for 25 April
(DBN)

Where's the Outrage? Energy CEOs Reap Millions While Their Companies Incinerate Value
(DBN)

US regional banks brace for losses from energy loans
(DBN)

Consumer confidence falls as Alaska economy struggles
(DBN)

The real problem with Iranian oil
(DBN)

Norske Skog Credit Swaps Can Pay Out on Debt Exchange, ISDA Says
(DBN)

Engineering students face tough job market in wake of oil downturn
(DBN)

IMF says cheap oil could cost Middle East economies up to $150 billion
(DBN)

____________

Politics:

Koch brother: Hillary Clinton might make a better president than any of the Republicans Could Charles Koch Rally Behind Hillary Clinton?
(DBN)

Elizabeth Warren Is On Hillary Clinton’s List Of Potential Running Mates A Clinton/Warren ticket? VP shortlist fuels rampant speculation Deval Patrick is reportedly on the Hillary Clinton campaign’s short list for vice president
(DBN)

When Teddy Had a Contested Convention
(DBN)

Cruz's position on student loans may hurt his appeal among young voters Ted Cruz’s Establishment Turn Donald Trump Jr.: 'Ted Cruz can't win without bribing delegates' Lee Harvey Oswald and Ted Cruz's Dad?
(DBN)

Bernie Sanders Bashed Hillary, But He’d Back Her Against GOP The Problem With Bernie Sanders’ Polling Argument
(DBN)

Poll: Trump, Clinton Set for Another Win in Pennsylvania Once a symbol of decline, Pennsylvania tests limits of Trump's appeal
(DBN)

Donald Trump and GOP Grope Toward Unity Anti-Trump Forces See Plenty of Roadblocks to 1,237 Delegates Why Donald Trump Thinks He Shouldn’t Have to Testify in University Lawsuit Hillary Clinton Ad Warns Voters on Donald Trump’s ‘Extreme Makeover’ Donald Trump Aides Try to Reassure the GOP Elite Cautiously, GOP establishment is warming to Trump The Party of Lincoln in the Time of Trump Donald Trump's Foreign Policy Isn't Fantasy For Trump, Tubman on $20 bill illustrates broader American problem If these two new polls are right, Trump wins It's not an act — Donald Trump really is a pig Trumps tells Connecticut voters he's "not toning it down" Will Donald Trump Talk Himself Out Of the Nomination? Trump Fact Check: "Pennsylvania has lost 35 percent of its manufacturing jobs since 2001" and "Harrisburg has lost 40 percent of its manufacturing jobs since 2001." Cruz and Kasich Announce Team Up to Stop Trump
(DBN)

A retired Marine general named 'Mad Dog' could be the GOP's last hope Who is Gen. James Mattis, and why do some Republicans want to run him for president?
(DBN)

____________

Alternative Energy:

SunEdison Continues Operations Despite Bankruptcy And Lawsuits
(DBN)

Bankruptcy judge puts off decision on SunEdison independent examiner SunEdison gets some money to tide it over, but no examiner yet
(DBN)

SunEdison Creditors Already Girding for Bankruptcy Battle
(DBN)

TerraForm Yieldcos Try to Steer Clear of SunEdison's Bankruptcy
(DBN)

Oh, you thought the drama was over now that Wall Street's nightmare stock filed for bankruptcy ?
(DBN)

SunEdison Shareholders Were Zapped by SUNE Bankruptcy Filing SunEdison: Get Out While You Can
(DBN)

Judge Allows SunEdison To Draw $90 Million 'Lifeline'
(DBN)

SunEdison: The Bankruptcy Was No Surprise
(DBN)

The Real Problem Behind SunEdison's Woes
(DBN)The Real Problem Behind SunEdison's Woes
(DBN)

SunEdison: Game Over
(DBN)

Department of Energy in quandary as US solar giant files for bankruptcy protection
(DBN)

Here's How SunEdison Drowned Itself in Debt
(DBN)

SunEdison solar projects in India attract buyers No impact on India growth plans: SunEdison
(DBN)

Renewable Energy Stumbles Toward the Future
(DBN)

____________

Pensions:

Renegotiating Retiree Health Care Plans After New Supreme Court Guidance
(DBN)

Ruling on Pension Fund Debt Could Shake Up Private Equity Industry
(DBN)

____________

 


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 (15 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)

______________

Bankruptcy Statistics:

Is the Southern District of Texas Bankruptcy Court the New SDNY?
(DBN)

Wall Street is winning big from a rebound in a grim business
(DBN)

Fact Check: 643,000 Americans go bankrupt every year over medical bills
(DBN)

______________

Miscellaneous:

The Week Ahead
(DBN)

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Valuation:

U.S. Chapter 11 Bankruptcy Valuations are on the Money
(DBN)

____________

Chapter 13:

Eastern District of New York Holds That "Forced Vesting" of Title to Collateral Is an Impermissible Modification of a Secured Creditor's Rights
(DBN)

____________

Bankruptcy Rules:

Bankruptcy Rules Rule the Day in the Eleventh Circuit
(DBN)

____________

Accounting:

Concerned about a going concern? New standards on accounting standards
(DBN)

____________

Tax:

IRS Withdraws Controversial Pronouncement on “Bad Boy” Guarantees
(DBN)

____________

TBTF:

Too Big to Fail? So What, Say Bank Depositors
(DBN)

____________

Awards:

Weil Wins Restructuring/Bankruptcy Team of the Year at the 2016 Financial News Legal Awards - Announcements
(DBN)

____________

Autos:

Key Advisor Who Helped Lead GM Out of Bankruptcy Is Retiring
(DBN)

GM’s Mary Barra Drives Off With 77% Jump in Compensation
(DBN)

Bob Lutz: Volkswagen trying to bribe customers Volkswagen records sharp 2015 loss on emissions scandal Nightmare scenario every car company VW Scandal One Part of Automaker's Betrayal VW Takes $18 Billion Hit on Emissions (So Far) Lawyer Takes Aim at Volkswagen in Europe VW's Diesel Crisis Is Now a Global Threat
(DBN)

____________

Celebs:

Curt Schilling’s Worst Offense Is Not a Transphobic Meme
(DBN)

50 Cent Reveals Third Son, Davian
(DBN)

Even Broke, Mark Twain Traveled in Style
(DBN)

____________

Telecoms:

Airways Plan by Ligado, the Former LightSquared, Advances at FCC
(DBN)

____________

Shipping:

Hanjin Group Chairman Gave Up Management of Its Shipping Arm Hanjin Shipping Asks Creditor to Restructure Debt Fate of Hanjin Shipping in hands of creditors
(DBN)

Buyer Fights Back Against OW Bunker $1.8M Unpaid Bunker Bill Claim on Grounds Physical Supplier Was Left Unpaid
(DBN)

____________

Pharma:

Valeant Gets More Default Notices After 10-K Filing Delay
(DBN)

____________

Sovereigns:

The Lessons of Our Bond War
(DBN)

Argentina Delivers $597 Million Windfall to Bond Investors
(DBN)

Argentina says #CiaoDefault, paying holdouts after 14 years Argentina pays off 'holdout' bondholders, elevating hopes for economy
(DBN)

Argentina Bans on Bond Payments Dropped by U.S. Judge Judge Griesa pleased and gratified the Argentine 15-year litigation with bondholders is over
(DBN)

Jack Lew lauds Macri for directing Argentina's return to debt markets
(DBN)

Sovereign-Debt Debate Divides EU as Schaeuble Pushes for Limits
(DBN)

____________

UK:

BHS facing insolvency : Fears grow for 11000 jobs at British chain store BHS jobs fears grow amid administration concerns BHS administration: 'Imminent bankruptcy ' puts 11000 jobs at risk BHS on brink as rescue talks fail UK retailer BHS to go into administration - source with knowledge of plans BHS collapse – a consumers' guide
(DBN)

Weil Gotshal and DLA lead on BHS administration Duff & Phelps lined up for BHS job
(DBN)

Court forces tycoon to leave £7.5m Knightsbridge home
(DBN)

'I haven't got a pot to p*** in': Alex Reid is facing bankruptcy
(DBN)

Deadline set for Austin Reed to find a buyer
(DBN)

One of Scotland’s top insolvency experts' firm goes bust leaving behind £20,000 worth of debt
(DBN)

Losing the U.K. Wouldn't Be So Bad for Europe The Price Britain Would Pay for Divorcing Europe
(DBN)

Obama: UK-US trade deal could take a decade after Brexit
(DBN)

Inside the crash of London's $2.7 billion unicorn Powa
(DBN)

Tata Steel’s fire sale in the UK will do little to move its mountain of debt
(DBN)

Leslie named as IPA president
(DBN)

Renewable energy firms face increased risk of insolvency
(DBN)

____________

EU:

ECB's Draghi: We haven't talked about helicopter money
(DBN)

____________

PIIGS:

Schaeuble Sees No Greece Debt Relief as Long as Debt Sustainable How Close Are Greece and Its Creditors to a Bailout Deal?
(DBN)

____________

Canada:

Toronto developer Urbancorp hopes restructuring will ease financial woes Urbancorp files for restructuring under bankruptcy act Toronto Condo Builder Urbancorp Files for Debt Restructuring Bankruptcy Filing by Urbancorp Sends Tremors Through Tel Aviv Stock Exchange
(DBN)

Canada Does the Global Economy a Favor Yes, Canada Can Safely Take on More Debt. Here’s Why
(DBN)

Cameco cutting 500 jobs at Rabbit Lake uranium mine
(DBN)

____________

MENA:

Tel Aviv court grants injunction against Urbancorp
(DBN)

Addressing the rising tide of personal indebtedness in the UAE
(DBN)

Saudi Family Therapist Explains The Islamically Correct Method Of Wife Beating
(DBN)

Tehran Announces Creation Of Undercover “Morality Police” Force
(DBN)

The big challenge to Saudi Arabian reform? Saudis
(DBN)

White House to Release Secret 9/11 Pages
(DBN)

____________

India:

Insolvency and Bankruptcy Bill top on govt's agenda Lack of strong bankruptcy laws hurting the banking sector Bankruptcy code to help stakeholders realize their worth Why StanChart isn’t finding enough buyers for its stressed loans
(DBN)

'Forcing Vijay Mallya to come back to India is bad strategy'
(DBN)

____________

Russia:

Yukos – the saga continues: arbitral awards against Russian Federation annulled by court in The Hague
(DBN)

____________

Venezuela:

Venezuela to cut electricity daily amid crisis
(DBN)

In luxe Miami condo tower, Venezuelan oil tycoon with state ties chases capitalist dream
(DBN)

____________

China:

China's Biggest Banks Stand Exposed After Profit Buffers Eroded
(DBN)

Bad Debt Goes Boom
(DBN)

Over 90% of China Bond Funds Dropped Last Week Amid Default Woe
(DBN)

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>

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