August 11, 2016

The Daily Bankruptcy News

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Law:

Wachtell Partner Calls Out Entire Firm In The Most Passive-Aggressive Memo Ever Is This the New Required Reading for Big Law?
(DBN)

How law firms compete for fewer students in on-campus interviews Inside OCI: The Scoop On This Year's Law School On-Campus Interviews
(DBN)

Dentons adds restructuring and bankruptcy partner in Houston
(DBN)

Where the Lawyers Are: Top US Legal Markets by Head Count
(DBN)

Goodbye to 'Honeys' in Court, by Vote of American Bar Association
(DBN)

The A++ Forms and Resources–Defending Depositions, Prepping Your Witness, Practical Tips and Key Errors to Avoid
(DBN)

BigLaw firms say protocols followed after US claims two trust accounts held $586M in stolen money
(DBN)

New Texas law school not recommended for ABA accreditation
(DBN)

The Law Schools With The Most Part-Time Applicants
(DBN)

Law Firm Docket Scanner
(DBN)

Non-lawyer ownership laws in UK allow some firms to thrive
(DBN)

Future Attys' Fees Can Be Security Interests, NJ Panel Says
(DBN)

Lawyer Jokes Are Exactly That — Jokes
(DBN)

19 icebreakers to use at uncomfortable networking events
(DBN)

BigLaw, Big Trouble for Premium Brands
(DBN)

Why Do We Glorify Busyness In Business?
(DBN)

A Background In Biglaw Is Good For More Than Just Miserable Memories
(DBN)

Summer Associate Offer Rates (2016): Which Firms Had 100 Percent Offer Rates?
(DBN)

Former BigLaw partner is indicted for alleged insider trading
(DBN)

Librarian role-playing at citizen police academy is fatally shot by officer in ‘horrible accident’
(DBN)

The Fastest Court Reporter In The World
(DBN)

Fifth Third Fired Counsel Over Relationship With Fannie CEO
(DBN)

Man who forced 6-year-old to watch Night of the Living Dead convicted of child cruelty 20 years later
(DBN)

Mother Arrested After Allegedly Driving Sons Around to Shoot Homeless Man With BB Guns
(DBN)

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Judges:

Beware Of The Bad Judge
(DBN)

‘You are a bit of a c*** yourself’: Judge slams defendant after court outburst
(DBN)

Supremely Funny: Top 10 Moments from SCOTUS’s 2015 Term
(DBN)

Black Judge Ordered To Pay Up For Having Opinions
(DBN)

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Wall Street:

U.S. stock futures struggle to maintain rally as oil slumps
(DBN)

U.S. stocks close lower as oil, energy drag
(DBN)

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Layoffs:

PacSun Judge Rules Ex-Employees Don't Have Priority Claims
(DBN)

ConocoPhillips to reduce global workforce by 6 percent, 900 jobs
(DBN)

SunPower: 1200 Layoffs
(DBN)

City of Oyster Bay: 150 layoffs
(DBN)

What's Really Wrong With the Unemployment Rate
(DBN)

Lies and Labor Statistics
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Politics:

Trump's 'Second Amendment' Line Is Protected. Barely. With ‘2nd Amendment’ Comment, Trump Wades into Dangerous Legal Territory Secret Service reportedly talks to Donald Trump about 2nd Amendment remark 'Dumb as a rock': Donald Trump rips 'lightweight' Don Lemon after the CNN anchor has a heated segment 'A bloody line has been crossed': Joe Scarborough says GOP 'must dump' Donald Trump from ticket Trump's Economic Advisers Are Dealmakers Just Like Trump Giuliani: If Trump had actually suggested violence against Clinton, crowd would have 'gone wild' 'A joke gone bad': How Republicans are responding to Trump's '2nd Amendment people' controversy Trump Campaign Proves the System Isn't Rigged Trump Fact Check: Says Hillary Clinton's plan "would tax many small businesses by almost 50 percent." Electoral College Map: How Trump May Win Donald Trump calls Obama the 'founder of ISIS'
(DBN)

'Polls won’t tell the story': Mark Cuban says election will be a 'battle of science vs anger'
(DBN)

Get Em While They're Hot! New Clinton Emails
(DBN)

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Personal Finance:

The perfect thank-you letter to send after a job interview
(DBN)

Ivanka Trump reveals 3 things you should avoid when negotiating
(DBN)

6 signs you're saving enough money
(DBN)

50 Weird Ways People Go Broke
(DBN)

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Fraud:

Hedge Fund That Fed Ponzi Scheme Scores on Appeal
(DBN)

MF Global Gets Nod On $159M Settlement With Former Execs
(DBN)

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Mass Torts:

Schenectady asbestos firm files for bankruptcy
(DBN)

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Shipping:

Tidewater: Another red ink quarter
(DBN)

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Religion:

Judge spares Twin Cities parishes from bankruptcy proceedings
(DBN)

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Economy:

BLS: Job Openings "little changed" in June
(DBN)

Update: "Scariest jobs chart ever"
(DBN)

Here's the most important chart in the world that no one is talking about
(DBN)

Low productivity is going to crush the jobs recovery
(DBN)

You May Be Broke and Not Know It
(DBN)

Household Debt Increased Slightly in Q2 2016
(DBN)

Soaring Debt Has U.S. Companies as Vulnerable to Default as 2008
(DBN)

Delta's computer nightmare reveals the biggest problem in corporate America
(DBN)

'Bad news' for millions of American borrowers
(DBN)

Report says black families would need over 200 years to match the wealth of today's white families
(DBN)

Greenspan's Error Led to Debt Stagnant Wages
(DBN)

Consumers’ Household Finance Expectations Continue to Improve
(DBN)

US Debt Clock
(DBN

World Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Broker Listing Agreement: Seller Beware – Be Sure You Get What You Paid For Before You Have To Pay
(DBN)

The number of foreclosures in America is at an all-time low
(DBN)

Average American Still Can't Get a Mortgage
(DBN)

9 cities that can’t seem to recover from the housing crisis
(DBN)

MBA: "Mortgage Applications Increase in Latest Weekly Survey"
(DBN)

Update: Framing Lumber Prices Up Year-over-year
(DBN)

Are You Ready to Comply with the CFPB’s Final Amended Mortgage Servicing Rules?
(DBN)

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Municipalities:

Detroit Public Schools split raises risk of default on state-aid debt
(DBN)

The Impact of PROMESA on Creditors
(DBN)

Experts: PROMESA Act Done, Job Now is to Keep Puerto Rico Afloat Amid Debt
(DBN)

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Oil/Gas:

Oil Price Retreat Likely Temporary, But OPEC Weighing Its Options Oil Prices Take A Hit As Saudis Report Record Production Oil Prices Slide On Rising Crude Inventories U.S. oil inventories still growing, Energy Department says
(DBN)

IEA: 'Massive' stock overhang is capping oil price
(DBN)

Texas oil regulator predicts $60 oil next year
(DBN)

EIA: "Gasoline prices at 16-week low, expected to average less than $2 a gallon by December"
(DBN)

Investors Have $100 Billion to Spend on Oil Assets No One Else Wants
(DBN)

Owner of Idle California Oil Island Files for Bankruptcy Protection
(DBN)

O&M weakness likely to cloud debt recovery for Swiber creditors
(DBN)

Lightstream Resources hits financing setback
(DBN)

Fmr US Ambassador Talks Shale, Jobs Post OPEC
(DBN)

Did OPEC Just Issue A Warning For Oil Prices In 2017?
(DBN)

Diversify Or Die? Big Oil’s Dwindling Options For Survival
(DBN)

OPEC Output Freeze Plan In Limbo After Oman Refuses To Join
(DBN)

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Student Debt:

There's finally a tiny bit of good news for the 40 million Americans with student debt
(DBN)

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Celebs:

Celebrity Bankruptcy: Where Are They Now?
(DBN)

Judge issues warrant for Tyga's arrest after rapper skips court hearing on $480K he owes former landlord
(DBN)

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Accounting:

Taylor Bean Trustee Says PwC Could Have Stopped $5B Fraud Taylor Bean Trustee Defends His $5.5B Suit At Trial
(DBN)

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Golf:

Deal reached in Mashpee country club case
(DBN)

Chapter 11 As A Viable Way To Redevelop Golf Courses
(DBN)

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Gambling:

Apollo's strange 'self-dealing' in Caesars bankruptcy battle
(DBN)

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Media:

Bankrupt Gawker says goodbye with pizzas and cheap beer
(DBN)

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Coal:

Top executives could get bonuses during Peabody bankruptcy
(DBN)

Peabody DIP Lenders OK Business Plan that Will Serve as Reorganization Foundation
(DBN)

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Autos:

GM Litigation-Funding Settlement With Treasury Scrutinized
(DBN)

Atlanta subprime auto lender TAG Financial files for Chapter 11
(DBN)

GM Urges 2nd Circ. To Rehear Ignition Switch Dispute
(DBN)

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Fishing:

Lenders Call for Trustee to Take Over China Fishery Group
(DBN)

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Accounting:

PwC Fights $5.6 Billion Fraud Trial over Taylor Bean's Collapse
(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 (28 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (8 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:

7 companies that are in serious danger of being upended by the competition
(DBN)

Out-Of-Court Restructuring League Tables Bankruptcy League Tables
(DBN)

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Exemptions:

Debtor Left Homeless by Inability to Alter Her Homestead Exemption Claim
(DBN)

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Plan Confirmation:

Courts Split on Per-Plan or Per-Debtor Acceptance for Cramdown Confirmation
(DBN)

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Proof of Claim:

Crawford's Claim Defeated By . . . the Statute of Limitations
(DBN)

Bankruptcy Judge Allows Filing of Class-Based Proof of Claim
(DBN)


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Recent Filings:

Judge: Claims processing agent KCC "is uniformly hated by all of the court personnel"
(DBN)

Caesars Sues Parent Company Over Pre-Bankruptcy Transfers
(DBN)

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Metals:

Columbus Castings auction delayed, with no new date scheduled
(DBN)

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Food/Beverage:

Fox & Hound Restaurant Owner Files for Bankruptcy Protection Fox & Hound, Champps file bankruptcy Why a Dallas restaurant company's bankruptcy is part of a trend
(DBN)

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Alternative Energy:

SunPower ‘Guidance Bomb’ Leaves Crater Among Solar Companies
(DBN)

SunEdison Bankruptcy Update
(DBN)

SunEdison's "yieldcos" delay filing quarterly reports
(DBN)

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PIIGS:

Spain's Abengoa wards off bankruptcy with creditor deal Sees 1.17 bln euros cash
(DBN)

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Canada:

Ben Moss life-time warranty customers out of luck as stores close
(DBN)

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Singapore:

High Court Allows Appointment Of Foreign Bankruptcy Trustee In Singapore For The Purpose Of Foreign Insolvency Proceedings.
(DBN)

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Czech Republic:

Czech court rejects claims of NWR bondholders toward NWR's insolvent mining unit OKD
(DBN)

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Asia:

Demand for restructuring and turnaround in Asia Pacific on the rise
(DBN)

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MENA:

'Recovery agents harassing debtors in UAE'
(DBN)

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India:

Govt discusses action plan for operationalising bankruptcy law
(DBN)

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Brazil:

Odebrecht Hires Top Brazil Lawyer Munhoz for Restructuring
(DBN)

Brazil's Oi to unveil reorganization plan by early Sept
(DBN)

Brazil's Bom Jesus offers creditors debt-for-land swap in reorganization

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South Korea:

South Korean financial watchdog: No bailout awaiting Hanjin
(DBN)

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Netherlands:

MS Mode poised to become the latest high street bankruptcy
(DBN)

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Australia:

Plenty of suitors for Arrium
(DBN)

Queensland coal mine will shut down
(DBN)

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China:

When China's Good News on Bad Loans Isn't
(DBN)

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Japan:

Japan’s Elderly Face Growing Risk of Poverty
(DBN)

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Iceland:

Wall Street Lawyers Hold No Fear for Iceland’s Defiant Premier
(DBN)

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