August 31, 2016

The Daily Bankruptcy News

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Law:

Midlevels Are Actually Happy — Ranking Associate Satisfaction (2016) Midlevel Associates are High as a Kite
(DBN)

Hoping for (or dreading) an early retirement? It’s the norm at many UK law firms
(DBN)

As Baby Boomer partners retire, law firms face increasing costs and client issues
(DBN)

Introducing the 2016 Legal Rebels
(DBN)

Law Firms 'Terrible' at Billing, Says GE's Counsel
(DBN)

Publicly-Listed Slater & Gordon Closes Four Offices as Ex-UK CEO Departs
(DBN)

Sophomore looks forward to her JD, which she’ll start on as an undergraduate
(DBN)

Digitization of Harvard case law library will show court patterns and trends
(DBN)

Let’s Kill All The Lawyers
(DBN)

What Law Schools Can Learn From Medical Schools
(DBN)

And This Is Why We Can’t Play Dress-Up At Our Legal Conferences Anymore
(DBN)

The Next Generation GC: From Lawyer to Strategic Adviser
(DBN)

Controversial Phoenix sheriff enters primary amid his toughest campaign yet
(DBN)

There's an easy way to become a better-liked leader — and most people forget all about it
(DBN)

3 tips for working with liars
(DBN)

Everybody Freak Out: Bedbugs In Biglaw
(DBN)

A message for the gatekeepers of the legal industry: change is coming—with or without you
(DBN)

5 Tips That Will Help You Negotiate on Just About Anything
(DBN)

Finance And Law: Hedge-Fund Opportunities For Attorneys
(DBN)

How to roll up your shirtsleeves the right way
(DBN)

New York’s Highest Court Redefines What It Means to Be a Parent
(DBN)

Controversial Arizona sheriff Joe Arpaio wins his Republican primary
(DBN)

Oklahoma mother charged with using crucifix to kill 'possessed' daughter
(DBN)

Lawyer sues Airbnb and former Victoria's Secret model claiming her $3k-a-month NYC apartment listing had 'peeling paint, broken furniture and a hole in the floor'
(DBN)

The perks and perils of working from home, according to people who actually do it
(DBN)

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Judges:

Staff attorney is fired after she is accused of wearing judge’s robes and ruling on cases
(DBN)

Benchslap Of The Day: Don’t You Dare Put Citations In The Footnotes
(DBN)

Grassley Says Lame Duck Hearings for Garland Are a Possibility
(DBN)

America's Top Business Court Gets Dragged Into a Lover's Quarrel
(DBN)

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Wall Street:

Stock futures lower amid Apple tax bill, oil declines
(DBN)

Stocks close lower as utilities drop 1 pct; Fed, jobs report in focus
(DBN)

Get ready for a 5%-10% stock-market drop
(DBN)

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Layoffs:

Millennials' hatred of 'dealing with people' is a major threat to fast-food workers
(DBN)

Chico's lays off 'around 200' employees
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Travel:

Flying in Business Class Has Gotten Way Cheaper
(DBN)

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Retailing:

Abercrombie & Fitch is tanking — again Summer girls no longer shop at Abercrombie & Fitch
(DBN)

Aéropostale Liquidation Seems Eminent
(DBN)

Aeropostale Receives Rescue Bid To Save 229 Stores Aeropostale stores gets potential lifeline with late bid Consortium Submits Bid to Save 229 Aéropostale Stores
(DBN)

Aeropostale Reaffirms Secured Lender Right To Credit Bid
(DBN)

Macy's Drags Its Feet On Real Estate Sales
(DBN)

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Pharma:

KaloBios cuts ties with former CEO Martin Shkreli, outlines ‘maniacal’ turnaround plan Martin Shkreli scores $2.7 million payday
(DBN)

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Gambling:

Icahn rejects bid to keep Taj open
(DBN)

Caesars Shielded From Billion-Dollar Bond Suits Until Oct. 5 US judge delays key Caesars trials due to appeal Caesars granted another temporary creditor lawsuit reprieve
(DBN)

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Metals:

Jamaica files claim in Noranda bankruptcy case in the United States
(DBN)

Horsehead Seeks Del. Ch. 11 Confirmation Over Objections
(DBN)

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Bankruptcy Crimes:

'Dance Moms' star Abby Lee Miller pleads not guilty to fraud
(DBN)

Real Estate Developer Gets 2 Years In Bankruptcy Fraud
(DBN)

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Ethanol:

Court OKs sale of Abengoa plant to KAAPA
(DBN)

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Museums:

Evergreen's troubles continue to deepen
(DBN)

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Environmental:

Maxus Energy Defends Environmental Settlement With Parent
(DBN)

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Banking:

FDIC: Fewer Problem banks, Residential REO Declined in Q2
(DBN)

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Economy:

Fed's Fischer: Negative Interest Rates Working
(DBN)

Rosengren and Evans speeches underline Fed faceoff over rates With Fed nearing goals, rate hikes could shield economy, says Fed's Rosengren
(DBN)

El-Erian says there could be 80% chance of Sept hike with strong jobs report
(DBN)

Consumer confidence spikes to the highest level in 11 months
(DBN)

Fed’s Dislike of Negative Interest Rates Points to Limits of Stimulus Measures
(DBN)

Employers Find ‘Soft Skills’ Like Critical Thinking in Short Supply
(DBN)

America is running out of young people 'willing to flip burgers'
(DBN)

Is the Decline of Unions Making Inequality Worse?
(DBN)

Chris Christie Vetoes $15 an Hour Wage Bill
(DBN)

US Debt Clock
(DBN

World Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Case-Shiller home prices fall for a 3rd straight month Case-Shiller: National House Price Index increased 5.1% year-over-year in June
(DBN)

Fannie Mae: Mortgage Serious Delinquency rate declined in July, Lowest since May 2008 Serious Delinquency Rates on Single Family Home Mortgage Continue to Decline
(DBN)

Real Prices and Price-to-Rent Ratio in June
(DBN)

Wells Fargo, U.S. Trustee Program Reach Mortgage Settlement
(DBN)

CoreLogic: REO sales hit lowest point since housing market implosion
(DBN)

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Municipalities:

Obama to name board tasked with fixing Puerto Rico's money woes
(DBN)

Puerto Rico Oversight Law Puts Creditor's Lawsuits on Hold
(DBN)

Police Abuse Claims and Municipal Bankruptcy — A New Report
(DBN)

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Oil/Gas:

US crude settles down 1.34 pct at $46.35 amid dollar strength
(DBN)

Iraq Pledges to Support an OPEC Freeze Deal, Shifting Its Stance
(DBN)

Oil discoveries at 70-year low; could signal supply shortfall ahead
(DBN)

Banks are Lending, Why is No One Borrowing?
(DBN)

Energy XXI Shareholders Want Conyers Dill Disqualified
(DBN)

Light Tower Rentals and Affiliates File in SD TX - First Day Dec
(DBN)

Seadrill: More Troubles Ahead?
(DBN)

San Antonio T-shirt maker launches "Oil Field Lives Matter"
(DBN)

U.S. Oil Firms Continue Tussle Over Taxes
(DBN)

Oil firms deepen cost cuts as price recovery remains elusive
(DBN)

Norway's DNB: oil industry suppliers face years of restructuring
(DBN)

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Politics:

Trump will say anything to get elected: Now the “illegals” he promised to deport are also “terrific” Trump: 'From day one I said that I was going to build a great wall' Donald Trump’s Unorthodoxy Extends to Spending Why an emblematic American city has turned to Trump Donald Trump’s Bind in Swing States: GOP Governors Are Touting Turnarounds I’m a Young Black Man and I Support Donald Trump Donald Trump’s tax proposals could double the trade deficit Trump denounces David Duke robocalls: Why now? Why John McCain endorsed Donald Trump, the man who mocked his military service There's something confusing in the fine print of Donald Trump's new $10 million TV ad Donald Trump says he's going to Mexico to meet President Pena Nieto Poll: 31% of Trump supporters actually support building an Atlantic Ocean wall to keep Muslims out
(DBN)

For Focus Group, Hillary Clinton Doesn’t Appeal But Donald Trump Is Too Risky New York Times: It's an 'ethical imperative' for Hillary Clinton to cut ties with Clinton Foundation The Real Clinton Foundation Revelation Feds Find 30 Clinton Emails About Benghazi
(DBN)

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Shipping:

Banks Halt Support for Hanjin
(DBN)

Hanjin Shipping: decked Hanjin Shipping files for court receivership Hanjin Shipping to seek receivership, as ports turn away its vessels Debt-laden Hanjin Shipping seeks court protection Hyundai may buy parts of troubled rival Hanjin Shipping Global trade slump sinks shipping giant
(DBN)

The Good, the Bad and the Ugly of Hanjin
(DBN)

Fallout in store from Hanjin debacle
(DBN)

Shipping sector M&A is all about survival: Expert
(DBN)

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Music:

Ghost of Sillerman Still Haunts SFX Reorg
(DBN)

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Debt Collection:

Arkansas woman jailed in ‘debtor’s prison’ for the 7th time over a single $29 bounced check
(DBN)

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Mass Torts:

Toxic Tort Suit Not Barred By $5B Tronox Deal, 2nd Circ. Told
(DBN)

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Healthcare:

What Aetna’s Withdrawal Means for Obamacare
(DBN)

Trustee recovering $1.1M in Grove Instruments bankruptcy
(DBN)

EpiPen maker gave CEO more than $5 million to cover personal U.S. tax bill Price-Gouging Mylan CEO Doesn’t Need Real MBA To Know When To Dump Her Own Stock
(DBN)

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Coal:

Challenge of Recovering Cleanup Costs from Bankrupt Coal Companies
(DBN)

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Food/Beverage:

Restaurant company shutters eateries as it approaches bankruptcy auction
(DBN)

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Sporting Goods:

Judge grants Performance Sports Group loan extension
(DBN)

Bauer Hockey gear maker taps debt restructuring advisor
(DBN)

Performance Sports ex-chairman may bid for hockey-gear maker
(DBN)

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Solar:

The Biggest Problems for SunEdison's Yieldcos
(DBN)

SunEdison Seeks Court Approval for Executive Bonuses
(DBN)

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New Bankruptcy Opinions
(8 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 (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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Proofs of Claim:

4th Cir. Holds Time-Barred Proof of Claim Does Not Violate FDCPA
(DBN)

Fourth Circuit Falls in Line with Second and Eighth Circuits Holding that Filing a Proof of Claim on a Time-Barred Debt Does Not Violate the FDCPA
(DBN)

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Automatic Stay:

Alabama Judge Takes Majority View on Automatic Stay Termination for Repeat Filers
(DBN)

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Corporate Governance:

Delaware, Financial Advisers and Conflicts of Interest
(DBN)

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Equity Interests:

Shareholders Are Winning a Seat at the Bankruptcy Table - More equity investors are getting a voice—and potentially not losing everything—as some big commodities companies restructure
(DBN)

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Involuntary Bankruptcy:

Involuntary Bankruptcy Primer Part I: Understanding the Oft Ignored Involuntary Bankruptcy Petition (with Bankruptcy Cave Embedded Briefs for Your Use!)
(DBN)

Third and Ninth Circuits Split on Preemption of Non-Debtor Claims by Section 303(i)
(DBN)

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Avoidance Actions:

Bankruptcy Court Determines That Education Has Value
(DBN)

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Reclamation:

Delaware Judge Splits with New York by Upholding Reclamation Creditors’ Rights
(DBN)

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Pensions:

Pension Challenges In Bankruptcy And Restructuring Processes
(DBN)

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Education:

Class Suing Donald Trump's Real Estate School Survives Attack
(DBN)

Trump Can Call Experts in One Trump U. Fight
(DBN)

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UK:

The idea that Brexit isn't totally screwing the economy is 'baloney'
(DBN)

Brexit's Economic Windfall is a Delusion
(DBN)

U.K. Is Proper Forum to Litigate Claims in Bankruptcy Case
(DBN)

____________

EU:

Apple: You can have $14.5 billion or jobs, not both Apple's Irish tax bill could top $20 billion: Economist Ireland Says $14.5 Billion Windfall from Apple Judgment Isn’t Necessarily a Blessing The tax strategy that is about to cost Apple billions Apple is shocked—shocked!—at a massive tax penalty that everybody saw coming The EU's Apple Ruling Is a Victory for Tax Confusion Apple Finds Out It Took the Tax Game Too Far The biggest problem with the EU’s tax attack on Apple Here’s how much Apple has actually paid in foreign taxes over the years
(DBN)

After Apple Ruling, Amazon and McDonald’s Are EU’s Next Target
(DBN)

Eurozone Confidence Wanes as U.K. Sentiment Rebounds
(DBN)

Stock Rout to Cost European Bankers $2.5 Billion in Bonuses
(DBN)

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Canada:

Twin Butte at Odds With Bondholders Seeking Better Salvage Deal
(DBN)

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China:

Chinese Banks Step Up Bad-Loan Writeoffs
(DBN)

China's Foreign Devil
(DBN)

China's debt-to-equity swap plan may struggle to take off
(DBN)

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MENA:

More ugly warning signs are popping up in Saudi Arabia
(DBN)

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Thailand:

Business Reorganization in Thailand: Steps and Procedures
(DBN)

____________

India:

GST Bill, Bankruptcy Code will boost growth: Jaitley
(DBN)

The Changing Landscape Of Securitization & Debt Recovery.
(DBN)

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Bahamas:

Baha Mar Hopes Obscured By Looming Questions
(DBN)

CCA’s Baha Mar Creditor Committee ‘Conflict’ Slammed
(DBN)

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South Korea:

The Global Forces Behind Korea’s Shipping Collapse - The decline and fall of South Korea’s biggest container shipping firm, Hanjin Shipping, was many years in the making South Korea’s Hanjin Shipping Files for Bankruptcy Protection - Court to determine whether company should be liquidated
(DBN)

'Korea to safeguard logistics from Hanjin fallout'
(DBN)

Creditors Unanimously Rejected to Aid Hanjin Shipping
(DBN)

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South Africa:

Business rescue, restructuring and insolvency: prescription - the mother of all evil
(DBN)

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Singapore:

Insolvency cases running high
(DBN)

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Japan:

Japan In a Bind as Total Debt Tops 600% of GDP
(DBN)

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