August 10, 2016

The Daily Bankruptcy News

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Law:

The New Crowell & Moring Billable Hour Requirement
(DBN)

Finance And Law: Stagflation And Legal Services
(DBN)

Haynes & Boone Adds Restructuring Partner In NY
(DBN)

Meet ‘ROSS,’ the bankruptcy robo-lawyer employed by some of the world’s largest law firms
(DBN)

This robot lawyer helps the newly evicted file for housing aid
(DBN)

Why Big Data is the Future of Legal Tech
(DBN)

Why Doesn’t The Legal Profession View Women-Owned Solo And Small Law Firms As Relevant To Diversity?
(DBN)

Law Prof: Law School Deans Are 'Running A Bait And Switch Operation'
(DBN)

Accreditation Woes For Dallas’s First Public Law School
(DBN)

Beyond Biglaw: Lawyers On Demand
(DBN)

CDA settles with Markel family
(DBN)

Associate Raises: A General Counsel And Managing Partner Webcast
(DBN)

Hunton & Williams Beats Back Financial Adviser's Malpractice Claims
(DBN)

Smaller Firms May Risk Losing Clients Over Cybersecurity Fears
(DBN)

The Olympian Swimmer With Big Law Ties
(DBN)

Federal Circuit appears unlikely to reverse order disqualifying company’s entire legal department
(DBN)

DLA Piper international revenue jumps to $1.035B DLA Piper boosts non-US turnover 4%
(DBN)

UK: Mayer Brown ups NQ pay packets to $93,000
(DBN)

10 signs someone is lying to you
(DBN)

Sandwich chain worker accused of drugging officer's drink
(DBN)

End to stop and frisk’s didn’t cause a crime wave in New York City
(DBN)

Pennsylvania AG Painted As Intent on Revenge Pennsylvania AG leaked documents for revenge, prosecutor says in opening statement
(DBN)

21st Century Fox Reportedly Discussing 8-Figure Settlement with Gretchen Carlson
(DBN)

Reporter Rescues Bewildered Couple From 5 Years of Digital Hell
(DBN)

Ex-law student p--- star achieves her 'dream'
(DBN)

Biglaw Partner Turns Author In Historical Debut Novel
(DBN)

Dallas DA Still Institutionalized, Won't Quit
(DBN)

A Woman Was Fatally Shot By Police During a Live Gun Demonstration in Florida
(DBN)

Famous People Who Were Big Law Lawyers
(DBN)

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Judges:

U.S. appeals court upholds SEC's use of administrative law judges
(DBN)

Donald Trump: Maybe "Second Amendment people" have a way to stop Hillary Clinton's judges Donald Trump: The Only Way to Stop Hillary Clinton From Picking Supreme Court Justices May Be Assassination Warren: "Pathetic Coward" Trump Makes Death Threats Because "He's Losing to a Girl"
(DBN)

Alabama Chief Justice to Face Ethics Trial
(DBN)

Judge agrees to suspension for Facebook comments, says he doesn’t believe prosecutor is a racist
(DBN)

Weighing Obama’s Judicial Legacy
(DBN)

The Judge Who Berated a Jail for Not Giving an Inmate Pants Just Went Viral Again
(DBN)

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Wall Street:

Wall Street waits for a catalyst as stock futures hold near record levels
(DBN)

Nasdaq closes at a new record high; S&P, Dow end slightly higher
(DBN)

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Layoffs:

 

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Politics:

Hillary Clinton's campaign has hit a high-water mark Trump's fake controversy about Clinton's emails getting an Iranian scientist killed, explained E-Mails by Clinton Aides Show State-Foundation Links Hillary strikes first: Trump's economic agenda a 'recession' recipe
(DBN)

Of Course This Is The Lawyer Behind A Benghazi-Themed Lawsuit Against Hillary Clinton
(DBN)

Trump's Phony Story About the Fall of Detroit Donald Trump is promising something about the economy no president can deliver Trump touts sweeping, and costly, tax-cut plan Donald Trump's “new" tax plan: a giveaway to the rich that he pretends helps the middle class A staggering number of Donald Trump's supporters are buying into one of his most unsettling theories Here's what economists think of Trump's proposed economic plan The Trump Panic GOP Senator Collins ‘Dismayed’ by Trump, Won’t Vote for Him Trump Abandoned By More Prominent Republicans Donald Trump Says ‘I Want to Debate Very Badly.’ But He Has Conditions Giuliani calls Trump the leader of a 'movement' For people with the last name Trump, America is not so great Donald Trump’s worst-of-both-worlds campaign Trump decries lost auto jobs — but hires industry axman New York Daily News Calls for Trump to Quit Is Trump Straight Up Mentally Ill? Part 2
(DBN)

The Presidential Polls Aren't Skewed
(DBN)

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Hedge Funds:

The hedge fund industry has a problem: The pool is getting crowded
(DBN)

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Economy:

NFIB: Small Business Optimism Index increased Slightly in July
(DBN)

Amid Debt Binge, US Leverage Levels Reach Record Highs
(DBN)

US Productivity Fell for Third Straight Quarter
(DBN)

Marc Faber: The big one is coming
(DBN)

U.S. Profit Recession Means Debt Fuels Most Buybacks Since 2001
(DBN)

The Upper Middle Class is Still Growing
(DBN)

U.S. Household Debt Rose $35 Billion to $12.3 Trillion Americans have $12.29 trillion of debt — here's what it looks like NY Fed: Household Debt Increased Slightly in Q2 2016, Delinquency Rates Declined
(DBN)

Is the ‘gig economy’ all it’s cracked up to be?
(DBN)

Too Many Subprime Credit Cards Being Issued?
(DBN)

US Debt Clock
(DBN

World Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

New foreclosures reach 18-year low
(DBN)

Las Vegas Real Estate in July: Sales down 10% YoY, Inventory down 1%
(DBN)

In last tranche of MBS litigation, trustees now have edge on investors
(DBN)

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Municipalities:

Treasury Didn’t Tell Puerto Rico to Default, Lawyer Says
(DBN)

Puerto Rico readies fiscal plan, awaits oversight board: governor
(DBN)

Flint Poisonings Haunt Mayor Whose Town Faces Michigan Takeover
(DBN)

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Oil/Gas:

Morgan Stanley: Oil To Fall To $35 In A Few Weeks
(DBN)

Seventy Seven Energy announces second quarter 2016 results
(DBN)

Oil Price Volatile as Traders Eye OPEC
(DBN)

Oil services firms face $110B in debt — and the bill is coming due For Oil Companies $110 Billion Debt Wall Looms Over Next 5 Years
(DBN)

Oil Co. Bankruptcy Skirts Termination of Lease on Offshore Rigs
(DBN)

Bankrupt Midstates postpones bid for executive bonuses
(DBN)

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Consultants:

Energy Sector Restructuring and Turnaround Guru Basil Karampelas Joins BDO Consulting
(DBN)

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Coal:

One Year of Coal CEO Pay Could Retrain Every US Miner to Work in the Solar Industry
(DBN)

U.S. coal regulator to crack down on cleanup coverage
(DBN)

Trump wrongly says nation is short of coal
(DBN)

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Media:

Gawker Employees Ask Bidders to Recognize Union Contract Gawker Writers Pressure Bidders To Assume CBA
(DBN)

Judge in Gawker case: 'Must be true if it's on Page Six'
(DBN)

Gawker's lawyer defends ' bankrupt ' founder's $1G party plans
(DBN)

Gawker, Daily Mail Near Defamation Suit Settlement
(DBN)

Gawker Banker Says Ziff Davis Was His First Choice as a Buyer Gawker Banker Says Ziff Davis Has ’Earned’ Right to Buy It
(DBN)

Court Signs Off on Gawker Goodbye Bash
(DBN)

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Debt Collection:

DOJ to Settle With HSBC Over Repossession of Servicemembers’ Cars
(DBN)

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Pensions:

Funding Ratios for the 100 Largest Corp. Defined Pension Plans
(DBN)

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Movies:

Producers Beware: What happens when your movie distributor files bankruptcy?
(DBN)

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Alternative Energy:

SunEdison looks to sell solar, wind projects to NRG Energy
(DBN)

On Eve of Merger Solar City Losses Grow
(DBN)

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Defaults:

Corporate Default Rate Edges up to 4.7% in July
(DBN)

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Retailing:

Versa Wins Bid For Fees In Aeropostale Ch. 11 Process
(DBN)

Aeropostale in Sale Talks with Versa Capital Management
(DBN)

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Fraud:

Owner of Bankrupt Premier Cru Wine Shop Faces 20 Years in Prison
(DBN)

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Shipping:

Debt fight leaves unpaid crew stuck for months on ship off Georgia
(DBN)

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New Bankruptcy Opinions
(7 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (16 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (17 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:

JeffCo has some of the highest bankruptcy rates
(DBN)

St. Louis among cities with most personal bankruptcy filings
(DBN)

Arlington County Has One of the Lowest Bankruptcy Rates in the Country: Report
(DBN)

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Safe Harbors:

Not So Safe After All? - United States Bankruptcy Court for the District of Delaware Holds That Litigation Trustee May Pursue State Law Fraudulent Conveyance Claims, Notwithstanding Bankruptcy Code Safe Harbors
(DBN)

Rough Waters Could Be Ahead for Those Seeking Protection of Section 546(e) Safe Harbor
(DBN)

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Lehman:

Judge Chapman Flips the Script - US Bankruptcy Court for the Southern District of NY Grants Noteholders' Motion to Dismiss Based on Lehman's Failure to State Claim With Respect to Flip-Clause Litigation
(DBN)

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Avoidance Actions:

Second Circuit Defines Adequate Capitalization
(DBN)

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Mediation:

Are Mediators “Professionals” under § 327(a)?
(DBN)

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Bankruptcy Bonuses:

Bankrupt Phoenix Brands To Float Employee Bonus Plan
(DBN)

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Discharge:

Furnisher Does Not Violate FCRA by Reporting Discharged Debt
(DBN)

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Insurance:

Creditors to vote on Life Partners bankruptcy plan
(DBN)

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Proofs of Claim:

Eighth Circuit Lets the Fox in the Henhouse
(DBN)

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Accounting:

Lawsuit over audits seeks $5.5B from PricewaterhouseCoopers PwC Fights $5.6 Billion Fraud Trial Over Taylor Bean’s Collapse
(DBN)

As Trial Begins, PwC Claims Bank Fraud Was Well-Hidden
(DBN)

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Autos:

GM’s Ignition Switch Litigation Woes Continue
(DBN)

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UK:

Norway is threatening to totally derail Brexit
(DBN)

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PIIGS:

Italy will now fine those obnoxious tourists who save spots on the beach with their towels
(DBN)

Italian police cooked pasta for a lonely elderly couple whose neighbors called about their sobbing
(DBN)

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Canada:

Is the Death of Ontario’s Bulk Sales Act upon us? It looks like it may be.
(DBN)

Grocery store owner closes up shop amid market squeeze
(DBN)

New bid for U.S. Steel Canada includes pensions
(DBN)

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China:

China vulture funds hunt for bargains amid debt wreckage
(DBN)

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Venezuela:

These tweets show just how bad things have gotten in Venezuela
(DBN)

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Romania:

Companies insolvency in H1 of this year fewer compared with 25 pct to S1 of 2015
(DBN)

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Singapore:

Aberdeen Sniffs a Bargain as Debt Panic Hammers Singapore Banks
(DBN)

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Slovakia:

Snooze and you lose in Slovakia
(DBN)

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