August 4, 2016

The Daily Bankruptcy News

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Law:

Douglas Deutsch Joins Clifford Chance's Financial Restructuring Group
(DBN)

Judge Approves Binder & Binder's Proposal to Shut Down
(DBN)

What To Expect (Will Happen to Your Career) When You're Expecting
(DBN)

What Law Students Need To Know About The Salary Wars Before On-Campus Recruitment
(DBN)

The Dan Markel Murder Case: The Adelson Family Speaks The Adelson Family (Through Their Attorneys) Deny Any Involvement In Dan Markel's Murder
(DBN)

Raising The Stakes In The Fight Over The LSAT
(DBN)

Biglaw Partner Helps Usher In Era Of Foreign Money In American Elections
(DBN)

What lawyers need to know about business
(DBN)

Transcript Reveals Debate Over ABA's Accrediting Power
(DBN)

M&A Litigation Undergoing Major Shift After Del. Ruling
(DBN)

Do Associate Pay Hikes Threaten Law Firm Diversity Efforts?
(DBN)

Tougher Bar-Passage Standard For Law Schools Sparks Objections
(DBN)

17 signs you're intelligent — even if doesn't feel like it
(DBN)

A body-language expert reveals the No. 1 indicator of confidence and how you can cultivate it
(DBN)

Man Arrested After Getting Violent Over a Grilled Cheese Sandwich With Too Much Cheese
(DBN)

Suit claims law firm defamed accused killer in website statements
(DBN)

The Employer’s Guide To Understanding (And Dealing With) Pokémon GO
(DBN)

High Court Blocks Transgender Student From Using Boys’ Bathroom
(DBN)

Overburdened Public Defender's Office Orders Missouri Governor to Defend Poor Client
(DBN)

Paul, Weiss Investigation at Fox - Shades of Watergate?
(DBN)

Man Charged With Soliciting: ‘I Don’t Give a ----, I’m 90 Years Old’
(DBN)

Pastor Says Church Fired Him For Inviting Black Children to Bible Study
(DBN)

Married lawyer, 47, has to pay young female lawyer after asking her to wed him in her job interview
(DBN)

Obama commutes sentences of 214 inmates, including 67 people serving life sentences
(DBN)

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Judges:

Judge tosses contempt finding against public defender who was handcuffed for ‘insolent behavior’
(DBN)

Who is on Hillary Clinton’s Supreme Court shortlist?
(DBN)

Principled Premises, Platitudes, Presuppositions, Palliatives, And Post-Mortems Of Posnerian Jurisprudence
(DBN)

No, That Is Not How ‘Religious Freedom’ Works At All
(DBN)

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Wall Street:

Wall Street stocks to look for cues from oil prices, BOE decision
(DBN)

US stocks higher at close of trade
(DBN)

Goldman and Trump Agree on Stocks
(DBN)

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Layoffs:

Third Circuit Precludes WARN Act Liability for Acquirers in Typical LBOs
(DBN)

Daimler Trucks to Lay Off 115 Workers
(DBN)

Time Inc to Cut Over 100 Jobs
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Music:

Lenders Crush Sillerman's Plan To Pull SFX From Bankruptcy
(DBN)

The Collapse of Music Dealers and Music Licensing’s “Race to the Bottom”
(DBN)

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Politics:

Reports of GOP turmoil swirl as Trump goes rogue Gingrich, Giuliani said ready to spearhead a Trump ‘intervention’ NYPD commissioner: Trump 'scares the hell out of me, to be quite frank' Trump spokesperson: Capt. Khan’s 2004 death was probably caused by Obama's and Hillary’s policies Khan: 'You had your chance. You escaped. You dodged the draft.' Clint Eastwood Defends Donald Trump's "Racist" Remarks in Infuriating Esquire Interview Trump Raised $64 Million for Campaign and GOP in July, Drawing Closer to Clinton’s Haul Trump's Insults to Harrisburg Recall His Own Business Failures
(DBN)

Fox News Poll: Clinton Leads by Double Digits
(DBN)

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Gambling:

Good News For Caesars
(DBN)

Caesars Entertainment's Improvement Complicates Bankruptcy Proceedings
(DBN)

Trump Taj Mahal owner to shut down struggling casino Trump Taj Mahal Owners Say They’ll Close Casino The End of Trump Taj Mahal Icahn says he lost $100M Trump Taj Mahal union rep denounces Icahn
(DBN)

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Fraud:

Why Trump U suits will move forward, without videos of testimony
(DBN)

Fla. Firm Opts For Ch. 7 In Wake Of SEC's $64M Fraud Suit
(DBN)

Fed Fines Goldman $36.3 Million For Using Confidential Documents Leaked From…The NY Fed
(DBN)

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Celebs:

Birdman Beef Forcing Lil Wayne Even More Cash Money Woes
(DBN)

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Retailing:

Denver Broncos want to own naming rights at their football stadium Denver Broncos to acquire naming rights to Mile High Stadium
(DBN)

Retailers Head Back To School
(DBN)

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Healthcare:

Bankruptcy Court Denied Jurisdiction Over Medicare Issues
(DBN)

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Economy:

US GDP stats from history don't look good
(DBN)

Business are making a huge and risky mistake
(DBN)

ISM Nonmanufacturing Index Fell to 55.5 in July
(DBN)

US TPP battle is sign ‘old America is gone’
(DBN)

ADP predicts strong job growth in July
(DBN)

This will soon be America's biggest economic problem
(DBN)

Jobs Grow in Big Cities, But So Does the Jobless Rate in Some
(DBN)

How Low-Skilled Workers Could Rescue the U.S. Economy
(DBN)

Most Millennials Don’t See Becoming Millionaires, Study Finds
(DBN)

The 25 US cities with the lowest cost of living
(DBN)

US Debt Clock
(DBN

World Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

US loan demand for home purchases lowest since February: MBA
(DBN)

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Municipalities:

Chicago Seeks Tax Hike to Avert Insolvency for Pension Fund
(DBN)

US 6th Circuit Court of Appeals to hear challenge to Michigan's emergency manager law
(DBN)

These states are headed for a death spiral
(DBN)

Guam Downplays Puerto Rico Risk Amid Return to Municipal Market
(DBN)

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Food/Beverage:

Report: Logan's Roadhouse preparing for bankruptcy
(DBN)

Here comes another bankruptcy wave
(DBN)

Austin Italian restaurant chain's slow decline detailed in latest bankruptcy filings
(DBN)

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Oil/Gas:

Global Geophysical Services Files for Bankruptcy Protection Global Geophysical Services Heads Back To Ch. 11 First Day Dec
(DBN)

Oil prices rebound on big drop in gasoline stockpiles Oil gains, but trades near 4-month lows Oil struggles to build on a rally fueled by upbeat supply data
(DBN)

Oil could hit $70 next year but expect another plunge soon, says BoA analyst 50 Mins Ago
(DBN)

What Oil in the $40s Means for Oil Majors
(DBN)

Why oil bears shouldn’t count on U.S. shale rebound
(DBN)

US is Importing More Oil Than It Produces
(DBN)

Here's what oil companies are doing to cope with $40 crude
(DBN)

US oil producers: summer sequel
(DBN)

High Yield Rolls On Even After Wheels Come Off Energy Markets
(DBN)

Top Executives at Riverstone Holdings Face Prospect of Returning More Than $300 Million
(DBN)

Bank Earnings Face Pressure With Oil Under $40
(DBN)Noble Energy's loss widens in latest quarter
(DBN)

How will industry respond after oil’s fall below $40?
(DBN)

Penn Virginia Resolves Spat with Ad Hoc Equity Committee
(DBN)

Noble Energy sells record amount of oil — but not at a profit
(DBN)

London Talks, $146 Million DBS Cash Fail to Keep Swiber Afloat
(DBN)

Astenbeck's Hall Sees Oil Poised for 'Violent Reversal' Higher
(DBN)

Why Is High-Yield Energy Debt Decoupling From Oil?
(DBN)

PetroQuest Energy adds potential bankruptcy filing to list of risk factors
(DBN)

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Distressed Investing:

Bain Said to Get $3.1 Billion for Credit Fund After Re-Branding
(DBN)

U.S. Leveraged Loan Default Rate Since 2003
(DBN)

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Television:

Simon Fuller Eyeing Fraud Claims Against 'American Idol' Owner
(DBN)

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Tech:

Avaya Creditor Franklin Said to Ask for Apollo, GSO Support
(DBN)

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Radio:

IHeartMedia investors keep watch on revenues, crushing debt load
(DBN)

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Student Debt:

New York Fed warns of troubling consequence of rising student loan debt
(DBN)

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Coal:

Reclamation obligations a growing burden on restructuring coal companies
(DBN)

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Shipping:

International Shipholding Gets Nod To Begin Tapping $16M DIP
(DBN)

Daewoo Shipbuilding faces W4tr liquidity crisis in 2018
(DBN)

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Autos:

Despite losing money, Elon Musk says Tesla is not really a ‘money-losing business’ Tesla's Losses Accelerating Is Tesla Coming to the End of the Road?
(DBN)

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New Bankruptcy Opinions
(2 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (24 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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Religion:

Section 303(a) Precludes Substantive Consolidation Among Religious Institutions
(DBN)

Twin Cities' Hebda: archdiocese's response to abuse allegations was failure, not a crime
(DBN)

____________

Time-Barred Claims:

Even Without Implied Repeal, Filing a Stale Claim Does Not Violate the FDCPA
(DBN)

____________

Safe Harbors:

Bankruptcy Court Broadly Applies Safe Harbors and Rejects Singular Event Theory Precedent
(DBN)

In Conflict With Other Circuits, Seventh Circuit Rules That Certain Transfers Involving Financial Institution Intermediaries Not Immune From Recovery By Bankruptcy Trustee
(DBN)

Troubled Waters: The Raging Storm Over Safe Harbors
(DBN)

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Sales:

Due Process Violation by GM Prejudices Prepetition Claimants Potentially Making Successor Liable
(DBN)

Losing Both Ways: Debtor Diligence in the Identification of Claims
(DBN)

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Professional Compensation:

Split Fifth Circuit Affirms Success Fee for Financial Advisers
(DBN)

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Bankruptcy Bonuses:

A six-figure bonus for going bankrupt ? Suuuure
(DBN)

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Abandonment:

Abandonment: Better Think Twice Because There is No “Do Over”
(DBN)

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Appeals:

Appealing to the BAP v District Court
(DBN)

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Alternative Energy:

SunEdison plans to stop interest payments on yieldcos' notes
(DBN)

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Consumer Finance:

Why It's Hard to Regulate Payday Lenders
(DBN)

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Avoidance Actions:

Preference May Be Offset by an Unpaid Administrative Claim, Judge Carey Rules
(DBN)

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Dismissal:

Ability to Pay Debts Does Not Control on Section 707(a) Motions to Dismiss
(DBN)

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Hotels:

Court Approval Finalizes Two Gemini Fund Hotel Sales
(DBN)

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Media:

Ex-Gawker editor may be key to Hogan getting his money
(DBN)

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UK:

Parliament to consider preferential creditor status for consumers
(DBN)

Court decides to ‘wait and see’ in its refusal to grant an administration order
(DBN)

Financial Expert on Brexit
(DBN)

UK banks pin Brexit hopes on financial crisis bailout negotiator
(DBN)

Bank of England cuts interest rates for first time in 7 years, bumps up easing
(DBN)

Rangers creditors receive £2 million cut in potential payouts as cost of oldco liquidation soars
(DBN)

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EU:

Contagion: Bank Shares Plunge Across Europe
(DBN)

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PIIGS:

UniCredit Posts Surprise Drop in Capital Ratio, Shares Fall
(DBN)

Privilege Yachts CEO arrested in bankruptcy investigation
(DBN)

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Canada:

Monitor for failed Lutheran investment funds to remain in place
(DBN)

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Brazil:

Investors See Gold in Distressed Properties in Brazil
(DBN)

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Australia:

Insolvency risk disclosure a must for lawyers
(DBN)

Innovation agenda's bankruptcy reform needs more caution
(DBN)

Hundreds of Qld construction jobs to go, insolvency experts warn
(DBN)

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Netherlands:

Dutch bankruptcy rate continues to decline
(DBN)

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India:

A New Start for India's Economy
(DBN)

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Copyright 2016