August 1, 2016

The Daily Bankruptcy News

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Law:

Why Are Older Women Leaving Big Law? Why Are Older Women Leaving Big Law?
(DBN)

Gender Bias Suits Stack Up Against Legal Employers
(DBN)

Top 5 Signs You’re Ready To Go In-House
(DBN)

Jones Day jacks up newly qualified solicitor pay to £85,000
(DBN)

The judgment machine: How algorithmic software won me over
(DBN)

Biglaw Firm Inundated With Rambling, Genius Conspiracy Theory Memo
(DBN)

The Hunger Games: Valparaiso Law School Edition
(DBN)

Presenting The ATL ‘Everyman Litigation Rankings’
(DBN)

Wyly Trustee Says Vinson Can't Get Paid For Exemption Fight
(DBN)

Fat Lawyers Need Not Apply
(DBN)

Using Anger As A Tool For Your Career
(DBN)

Texas Businessman Cops To Defrauding Law Firm Clients
(DBN)

Law Professor Finds Bat In Her Office
(DBN)

Chances Are Your Client Thinks Your Firm Is Stuck In A Rut
(DBN)

Epic Bar Exam Story Reminds Test Takers Just How Bad It Can Get
(DBN)

Ex-cop Drew Peterson gets 40-year sentence in plot on prosecutor’s life
(DBN)

Fox News Paid $3.5M in One Harassment Case
(DBN)

Plaintiffs lawyers’ fee fight is lesson in dismissal standards
(DBN)

Dog Caught In $100K Inheritance Fight Because America Is Ridiculous And Can’t Have Nice Things
(DBN)

Bill O’Reilly Trying to Keep Secret Details of $10 Million Lawsuit Against Ex-Wife
(DBN)

Insurer can’t rescind $10M policy on lawyer who died of brain cancer, judge rules
(DBN)

Tenth Circuit Rules Officials Were Justified In Arresting and Criminally Charging 13-Year-Old For Burping In Class
(DBN)

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Judges:

Judge Julia Brand Appointed to the Bankruptcy Appellate Panel (BAP)
(DBN)

Video: Judge Flips When Officers Bring P---less Woman to Courtroom
(DBN)

Clinton Appears to Break With Obama's Message For Supreme Court Nominee Merrick Garland
(DBN)

Katharine L. "Katie" Mayer Appointed to Delaware State Court Judicial Post
(DBN)

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Wall Street:

Wall Street stocks set for higher open as Fed hike hopes fade
(DBN)

Stocks close mixed; S&P, Dow snap 4-wk win streak
(DBN)

Earnings signal a bear market: ‘Sell the house, sell the car, sell the kids’
(DBN)

Goldman Sachs says stay away from stocks for the next 3 months
(DBN)

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Layoffs:

Many companies don't calculate true cost of rehiring after massive layoffs
(DBN)

Capital One online brokerage plans 187 layoffs in Seattle
(DBN)

NewLink announces 100 jobs cut
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Media:

Gawker's Denton Can't Halt Hulk Hogan From Enforcing Verdict
(DBN)

Judge blasts Nick Denton for lying about Gawker stock value
(DBN)

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Coal:

Boom and betrayal: Retired coal miners losing health benefits as companies file bankruptcy
(DBN)

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Retailing:

Aeropostale Seeking a Buyer: What Investors Need to Know
(DBN)

Inventory battle at Sports Authority
(DBN)

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Religion:

Bankruptcy judge rules Twin Cities archdiocese not hiding assets
(DBN)

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Politics:

Clinton-Kaine Ticket Takes Economy Message on the Road Clinton’s Comments on 60 Minutes About Private Email Server Now Used Against Her in Court He's with her: Mark Cuban backs Clinton, insults Trump at Pittsburgh rally
(DBN)

Trump Pledges To Defend Article XII Mr. Trump Should Take Constitutional Law 101 What we know about Donald Trump and his taxes so far Canadians Ask: Is Donald Trump Straight Up Mentally Ill? Seth Meyers Jokes That a Broke Trump Needs the Presidential Salary Trump Denies Putin Ties Amid Questions About Embrace of U.S. Foe That time a Russian billionaire paid Trump $95 million for a mansion Donald Trump finally knocked over what was once the pillar of the GOP’s beliefs Bipartisan Backlash for Trump's Comments Trump Attacks Muslim Father's DNC Speech Mr. Khan: Trump Has No Right to Attack Me ‘He Doesn’t Know What the Word Sacrifice Means’ Gaffe Track: Trump Fires Back at Khizr Khan, Citing His 'Sacrifices' McConnell on Trump on Khan Jeb on Trump on Khan Ryan on Trump on Khan Wilbur Ross: We need a tough negotiator like Trump to fix US trade policy Republicans are starting to embrace Donald Trump's fierce trade rhetoric The Media Tries to Walk Back Trump Donald Trump's Insane Interview With George Stephanopoulos
(DBN)

Rand Paul Has More Than $300,000 in Unpaid Bills From Failed Presidential Bid
(DBN)

Economy Buffets Presidential Election
(DBN)

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Electricity:

A massive, failed deal that keeps paying out money to Wall Street
(DBN)

NextEra acquires Oncor in major energy deal NextEra buying Dallas-based Oncor NextEra to Buy Energy Future's Oncor in $18.4 Billion Deal NextEra Energy, spurned by Hawaii regulators, agrees to buy Oncor for $18.4B NextEra deal marks beginning of end of TXU saga NextEra Loses One Outsider Fight, Picks an $18 Billion Energy Future to Sell Oncor to NextEra in Deal Valued at $18.4BOne
(DBN)

$18B NextEra acquisition of Oncor sparks questions for ratepayers
(DBN)

NextEra Bounces Back from Failed Deal With Better One
(DBN)

Next Step in TXU Bankruptcy Is Up to the Courts and Regulators
(DBN)

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Economy:

10 Key Facts About the Obama Economy
(DBN)

Fed’s Dudley: Rate hikes could come faster than the market expects
(DBN)

Here's the Economist Whose Ideas Guide Trump
(DBN)

Consumers unsure about economic conditions
(DBN)

Serious Delinquencies Continue to Seriously Decline
(DBN)

Regulators: Still Heavy Risk in Big Bank Loans
(DBN)

Businesses slash spending. Are jobs next?
(DBN)

Reconciling the Contradictions of U.S. GDP Data
(DBN)

Banks get Tougher on Business Loans
(DBN)

Time to Worry About the Economy
(DBN)

US Debt Clock
(DBN

World Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Federal Government To Expand Tracking Of Luxury Home Buyers To LA, San Diego, San Francisco & San Antonio
(DBN)

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Municipalities:

More Defaults Likely to Come: What Puerto Rico Owes on Aug. 1
(DBN)

The New Puerto Rico
(DBN)

Atlantic City May Not Face Bankruptcy
(DBN)

Meyer: New Castle County on road to bankruptcy
(DBN)

FL: Amid FBI Probe and Bankruptcy Threat, Florida City Manager Resigns
(DBN)

6 More Michigan State Workers Charged in Flint Water Cover-Up
(DBN)

Why Detroit Is an Education-Funding Vacuum
(DBN)

San Bernardino reaches fourth bankruptcy anniversary, but end in sight
(DBN)

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Oil/Gas:

Oil's slide: Some lenders are bearing up
(DBN)

World of hurt for energy industry
(DBN)

KKR's bankrupt former fracking outfit attracts bidders
(DBN)

Slumping Energy Companies May See IP as Way to Gain Back Profits
(DBN)

Trade Secret Laws Help Energy Companies Protect Assets
(DBN)

The new oil order comes back with a vengeance
(DBN)

Don’t Be Fooled By U.S. ‘Production Gains’
(DBN)

Swiber opts for judicial management, drops liquidation plan Can Swiber Holdings Limited Make Up Its Mind? Swiber makes surprise bid to survive
(DBN)

More to come after Swiber, warn analysts
(DBN)

Plunging Oil Prices Create Bad-Loan Pain for Singapore Banks
(DBN)

Exxon Has Worst Profit Since '99 as Chevron Posts Surprise Loss
(DBN)

JPMorgan, Wells to Lead $600MM Halcón Resources DIP Facility
(DBN)

Oil companies lowering threshold for profits
(DBN)

Energy companies find at least 1 benefit of downturn
(DBN)

Troubled Energy Market Drives Abnormally High Risk in Syndicated Credit
(DBN)

Doomsday Luck for Man at Center of Global Oil Demand Growth
(DBN)

Texas shale oil has fought Saudi Arabia to a standstill
(DBN)

Atlas Resources Set For Speedy Trip Through Ch. 11
(DBN)

OPEC’s new chief faces fragile unity as prices sting have-nots
(DBN)

U.S. shale gas is shaking up global LNG market
(DBN)

Link between rig count, oil production is breaking
(DBN)

Oil industry : lower for longer
(DBN)

This Oil Glut's Days Are Numbered
(DBN)

Oil services sector heading for downturn as new contracts dry up
(DBN)

The Trans-Alaska Pipeline Will Dry Up Without New Oil
(DBN)

Wildfires continue to rage in the books of oil and gas operators
(DBN)

Despite Price Recovery, Energy Companies Remain Over a Barrel
(DBN)

Sembcorp Marine Second Quarter Profit Plunges
(DBN)

____________

Celebs:

Curt Schilling's defunct game studio won't face criminal charges
(DBN)

‘Teen Mom OG’ Star Farrah Abraham Dad Michael Filed For Bankruptcy, Living Off Daughter’s Fame?
(DBN)

Blixseth Loses On Marital Settlement Agreement and Fraudulent Transfers
(DBN)

Heidi Montag, Spencer Pratt, and Other TV Stars Who Faced Bankruptcy
(DBN)

Gawker's Denton Maneuvers Again In Bid To Avoid Bankruptcy
(DBN)

____________

Medical Devices:

Creditors object to fast-track SynCardia bankruptcy sale
(DBN)

____________

Gambling:

Chinese Group to Buy Caesars’ Games Unit for $4.4 Billion
(DBN)

Caesars’ Side Bet Worth Pretty Penny
(DBN)

____________

Accounting:

Crisis-Era Lawsuits Winding Down? Not for PricewaterhouseCoopers
(DBN)

____________

Student Debt:

U.S. Department of Education Releases Guidance for Student Loan Servicing
(DBN)

____________

 


New Bankruptcy Opinions
(10 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (45 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (13 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)

Bankruptcy Jobs:

(1) (2) (3) (4) (5) (6) (7) (8)
(DBN)

Seminars - (Contact us to list your seminar)

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Bankruptcy Statistics:

Overall Bankruptcy Filings Fall, But Energy Cases Continue
(DBN)

30 companies that might disappear in 2017
(DBN)

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Obits:

Remembering Alan Resnick
(DBN)

Conrad Cyr, former federal judge from Maine, dies at 84
(DBN)

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Mediation:

“Blackmail” Exception to Mediation Privilege: A New Appellate Opinion
(DBN)

____________

Asset Protection:

Fraudulent Transfer Defeats Tenancy By The Entireties Protection Of Sarasota Home In Major
(DBN)

____________

Shipping:

International Shipholding Corporation Voluntarily Files For Chapter 11 ISC Files for Chapter 11 Protection First Day Dec
(DBN)

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Personal Finance:

The Sorry State of Financial Literacy in the U.S.
(DBN)

____________

Fraud:

1MDB: The inside story of the world’s biggest financial scandal
(DBN)

2nd Circ. Rebuffs Funds' Claims JPMorgan Aided Refco Fraud
(DBN)

____________

Debt Collection:

Proposed rules beef up consumer protections in debt collection
(DBN)

Collection rules won't stop 'Dawn of the Debt'
(DBN)

____________

Food/Beverage:

Goodbye, Ruby Tuesday: All 10 of the chain's Illinois restaurants abruptly close
(DBN)

____________

UK:

The evidence is mounting that Britain is plunging towards a recession
(DBN)

____________

EU:

Europe's Stress Tests Fail Again
(DBN)

Europe's stress tests: 5 things we know
(DBN)

Stress tests find Europe’s bank sector would survive fresh crisis
(DBN)

____________

PIIGS:

New plan gives 'fresh start' to distressed mortgage holders
(DBN)

Former Anglo executives receive sentences ranging from two to three and a half years Eight years after they helped wreck the economy, Ireland sends 3 bankers to jail After Years Of Thinking It Over, The Irish Are Going To Jail Some Bankers
(DBN)

Monte Paschi struggles most in EU bank stress tests
(DBN)

Italian banks slump after European stress tests
(DBN)

Some Italian Banks May Not Make It
(DBN)

IMF internal probe exposes failings in response to Greek crisis
(DBN)

____________

Canada:

Spike in Nova Scotia insolvency numbers likely due to Alberta layoffs, aging population: expert
(DBN)

Recession drags a rising number of Albertans into financial ruin Insolvency up 35% in Alberta, marking largest jump across the country
(DBN)

Canada GDP Shrinks Most Since 2009 as Wildfires Crimp Oil Output
(DBN)

____________

France:

Bankruptcy in the lower French leagues – the difficulties of running a football club
(DBN)

____________

India:

China says 'no' to Lanka's request to convert bad debts into equity
(DBN)

Madras High Court restrains sale of SunEdison assets
(DBN)

Woman stages fake kidnap drama to divert creditors attention
(DBN)

India’s Go-Slow Reform Efforts Hamstring Economic Transformation
(DBN)

Bond Buyers Can’t Get Enough as India Debt Gains Most Since 2010
(DBN)

____________

China:

Chinese Investors Balk at Company Bonds From Riskiest Province
(DBN)

____________

Brazil:

Gol Replaces CFO Amid Restructuring; Director Departs After Raid
(DBN)

Brazil's Bradesco sees defaults climbing further this year
(DBN)

____________

MENA:

Changes Expected to the Saudi Arabian Bankruptcy Law
(DBN)

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