December 22, 2016

The Daily Bankruptcy News

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Law:

Associate Bonus Watch: Happy, Texas
(DBN)

Bunches Of Kirkland And Ellis Above-Market Bonus News
(DBN)

ABA model rule defining harassment as professional misconduct violates free speech, says Texas AG
(DBN)

Lawyers Hoping For Public Service Loan Forgiveness Receive Rude Awakening Instead
(DBN)

ATL Holiday Card Contest: The Finalists!
(DBN)

Kirkland & Ellis slashes shares for top equity partners
(DBN)

2016’s Biggest Business of Law Stories
(DBN)

As 1L Class Sizes Stabilize, One In Nine Law School Enrollees Are Not A Part Of A JD Program
(DBN)

GE Creates ‘Yelp for Lawyers’ to Assess Outside Law Firms
(DBN)

Trump's Israel envoy pick shakes up American Jewish status quo
(DBN)

David v. Goliath: Legalist Levels The Lit Playing Field
(DBN)

LexisNexis announces the end of Lexis.com; users will be transferred to Lexis Advantage
(DBN)

If Women Dominate Men in Diplomas, Why Not JDs?
(DBN)

Despite 'Horrific' 51% Bar Passage Rate, New UC-Hastings Dean Says School Is Poised To 'Catapult Into National Preeminence' Using NYU As A Model
(DBN)

UK: Mid-tier firms struggling to lift profitability, warns new report
(DBN)

Winston & Strawn and Reed Smith set to hire KWM finance partners as exits continue
(DBN)

Is 2017 the Year a Leak Sinks Your Firm?
(DBN)

Man Accused of Murder Believes He Shot and Killed Donald Trump
(DBN)

Starting Your Own Law Firm: How To Find Clients
(DBN)

Former Law Partners Fete Trump Chief of Staff Ahead of Inauguration
(DBN)

Being An In-N-Out Manager Might Be Better Than Being A Lawyer If You Can Get The Job
(DBN)

Law Firm Doesn’t Mind If You Refer To Its Attorneys As 'M------------'
(DBN)

The Truth Comes Out About One Of The Most Maligned Lawsuits In History
(DBN)

Lawyer charged with involuntary manslaughter in the shooting death of his wife Big Law Partner Faces Charges in Wife’s Shooting
(DBN)

In SCOTUS sanctions case, defiant plaintiffs argue Goodyear got what it deserved
(DBN)

Public Reprimand of Lawyer Whose Wife Stole $2M From Firm Account
(DBN)

Remembering Classic TV Lawyers
(DBN)

Dusting Off the Constitution's Obscure Clauses
(DBN)

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Judges:

 

The Selection and Appointment of Bankruptcy Judges
(DBN)

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Wall Street:

Dow futures in holding pattern ahead of rush of economic reports
(DBN)

U.S. Stocks Decline as Oil Slips With Dollar
(DBN)

Goldman Sachs to pay $120 million to settle 'jacked' rates case
(DBN)

Goldman Is Back on Top in the Trump Administration
(DBN)

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Layoffs:

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Politics:

Final Results: Clinton wins popular vote by nearly 3 million
(DBN)

Gingrich Says Trump Could Use Pardon Power After Ordering Illegal Acts Trump Counties Would See Big Impact From Obamacare Repeal Federal Bill Called ‘Anti-LGBTQ’ Getting New Push Under Trump Trump Taps China Hawk For Top Trade Post After meeting with Trump, Boeing CEO says Air Force One will cost less than $4 billion Carl Icahn named a special adviser in the Trump administration Trump's doctor grants interview, then issues brazen threat to reporters if they publish it Trump rages on Twitter about losing popular vote Trump's approval rating is the lowest of any incoming president in nearly 25 years 'Donald was not going to like that mustache': 'The look’ is an important factor for Trump in his Cabinet deliberations Trump to Create White House Trade Czar Position for Peter Navarro Why Trump’s Conflicts of Interest Will Come Back to Bite Him … And Us Trump’s special advisor on regulatory reform doesn’t want to repeal Dodd-Frank Fox in the henhouse? Reactions to Icahn being a special adviser to Trump Newt: Trump No Longer Interested in Draining the Swamp Trump's administration is filling up with wealth and power after populist campaign Trump names Kellyanne Conway as presidential counsel
(DBN)

‘Faithless' Clinton Elector in Colorado May Face Criminal Charges
(DBN)

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Coal:

Troubled Coal-Fired Plant Could Get New Lifeline
(DBN)

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Fraud:

Ex-BlackRock Manager Jailed for 1 Year Over Insider-Trading
(DBN)

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Healthcare:

Iowa hospital files for bankruptcy
(DBN)

Central Iowa Healthcare files for Chapter 11 with asset sale plan
(DBN)

Health Plan Sign-Ups Rise Even as G.O.P. Plans Its Repeal
(DBN)

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Corporate Reform:

CFPB Tales Told Out of School
(DBN)

The Tragic Downfall of the Consumer Financial Protection Bureau
(DBN)

Decision of U.S. Appeals Court and Election of Donald Trump Could Spell Doom for Power of CFPB
(DBN)

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Pensions:

Avaya Pension Plans At Risk Amid Potential Chapter 11 Bankruptcy Filing?
(DBN)

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Tech:

How an $8 billion tech buyout went wrong
(DBN)

Report: Facing $6B Deficit, Avaya Weighing Bankruptcy Options
(DBN)

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Debt Collection:

Disclaimer Saves Debt Collector from Violating the FDCPA in the Fourth Circuit
(DBN)

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Economy:

Why are so many start-ups piling on debt?
(DBN)

One of Trump's biggest plans to stimulate the economy won't be great for most Americans
(DBN)

Central banks have cut interest rates 690 times since Lehman Brothers: Is there a way out?
(DBN)

The Spiritual Crisis of the Modern Economy
(DBN)

Philly Fed: State Coincident Indexes increased in 43 states in November
(DBN)

Consumer Spending Grows at Healthy Pace in Third Quarter
(DBN)

Goldman Sachs: The Fed may ruin one of Trump's biggest plans for the economy
(DBN)

Jamie Dimon on Trump, Taxes, and a U.S. Renaissance
(DBN)

It Looks Like Trump Is Serious About Starting a Trade War With China Trump Team Floats Tariffs Why America Would Lose a Trade War With China
(DBN)

Why White Working Class Feels Alienated
(DBN)

5 charts that prove that today’s 30-year-olds are NOT adults
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Avoiding Mortgages: How Far Does a Bona Fide Purchaser Have To Go in Searching Records?
(DBN)

Existing home sales rise to their best level since the financial crisis Existing Home Sales increased in November to 5.61 million SAAR U.S. home sales near 10-year high as mortgage rates rise A Few Comments on November Existing Home Sales
(DBN)

AIA: Architecture Billings Index indicates "small gain" in November
(DBN)

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

Mortgage Loans Continue to Exhibit Lower Credit Risk
(DBN)

Housing experts: The shocking downside to home sales increase
(DBN)

How to Get the Government Out of Mortgage Lending
(DBN)

Senate to Treasury Secretary Mnuchin: Where do you stand on major housing issues?
(DBN)

Bankrupt entrepreneur loses legal battle for trophy home in N.Va.
(DBN)

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Municipalities:

Puerto Rico Oversight Board Moves Forward on Debt Restructuring
(DBN)

Carrión: Voluntary Negotiations Needed Before Bankruptcy Process
(DBN)

Congressional Task Force on Economic Growth in Puerto Rico Releases Final Report
(DBN)

Task Force to Congress: Fix Puerto Rico Health Crisis Early in 2017
(DBN)

Congress should consider help for Puerto Rico's disabled: Task force
(DBN)

Puerto Ricans in Trouble? La Borinqueña to the Rescue.
(DBN)

Puerto Rican Retirees Need a Solution They Can Count On
(DBN)

As Puerto Rico Moves On, Another U.S. Territory Crisis Arises
(DBN)

How free college transformed this Rust Belt town in Michigan
(DBN)

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Oil/Gas:

U.S. Shale Is Now Cash Flow Neutral
(DBN)

Oil Falls on Unexpected Stockpile Addition Rising U.S. Oil Imports See Oil Prices Fall Oil falls on inventory build
(DBN)

Modular Space Files for Bankruptcy in U.S. and Canada
(DBN)

Dakota Plains Holdings, Inc. Begins Voluntary Chapter 11 Proceeding
(DBN)

After emerging from bankruptcy , Houston energy co. to restart drilling
(DBN)

E&P co. files for billion-dollar bankruptcy in Houston
(DBN)

Stone Energy reaches bankruptcy deal with shareholders
(DBN)

Worst over for oil, says Norway’s next energy minister
(DBN)

Oil traders are the most bullish they've been in over 2 years
(DBN)

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Education:

To Save Themselves, Small Colleges Offer Lifeline to Their Hometowns
(DBN)

Nearly 200 for-profit colleges get over 90% of their funding from the government
(DBN)

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Taxis:

Barwood Taxi Company Files for Bankruptcy MoCo's largest taxi company declares bankruptcy , but not defeat Barwood Taxi Service Files for Bankruptcy, Attributes Losses to Ride-Booking Apps
(DBN)

London Startup Karhoo Files for Bankruptcy In U.S.
(DBN)

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Retailing:

Bankruptcy could be coming for ailing Limited Stores Women’s Apparel Chain The Limited Said to Be Heading to Liquidation It's Probably Time To Use Up Your Gift Cards For The Limited
(DBN)

Bankruptcy Code Timing Too Tight for Some Retailers
(DBN)

Finish Line's Stumble Is a Warning for Athleisure
(DBN)

Woe to Those Disrupted by Amazon
(DBN)

J. Crew’s Debt Looms as Retailer Seeks to Regain First-Lady Glow
(DBN)

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Apparel:

Yogasmoga Bankruptcy Filing Signals Trouble in Athleisure Land
(DBN)

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Biotech:

Nuclea to Auction Assets as Part of Chapter 7 Bankruptcy Proceedings
(DBN)

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Hollywood:

Dana Brunetti Negotiating Exit as President of Relativity Media Relativity Studios President Dana Brunetti exits as film company flails With Two Top Execs Out, Relativity’s Future Remains Unclear
(DBN)

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Shipping:

Swiss shipping firm takes over Port of Long Beach’s largest terminal after Hanjin bankruptcy
(DBN)

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Fitness:

David Barton shuts down nearly all their facilities overnight with no warning 'due to severe competitive pressures' David Barton, the club-like gym chain with celebrity clientele, closes in five states
(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 (11 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (56 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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Avoidance Actions:

Private Leveraged Buyouts, Fraudulent Transfers and FTI Consulting
(DBN)

Unpaid Administrative Expenses May Shield Preference Liability
(DBN)

The Uniform Voidable Transactions Act: Old Law, New Name
(DBN)

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Court Access:

Filing Under Seal: The Confidential Commercial Information Exception
(DBN)

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Insurance:

The Interplay Between Subrogation, Arbitration and Insurance Insolvency
(DBN)

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Make-Whole:

EFIH Secured Bondholders Win Make-Whole Appeal in Third Circuit
(DBN)

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Exchange Offers:

On the Continuing Viability of Debt-for-Debt Exchange Offers
(DBN)

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Corporate Governance:

Limits on Creditors’ Remedies Against Solvent Debtors Echoed in the Quadrant Litigation
(DBN)

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Committees:

Bankruptcy Court Permission Required to Sue UCC Members
(DBN)

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Distressed Investing:

Lynn Tilton’s Patriarch Faces Off With MBIA in Zohar Auction
(DBN)

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Travel:

How to pack your suit so it doesn't wrinkle
(DBN)

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Fintech:

Online lender files for bankruptcy protection, just in time for Christmas
(DBN)

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Awards:

Orange County Bankruptcy Attorney Receives Prestigious Award
(DBN)

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Sovereigns:

Mozambique in “sovereign bankruptcy ” say economists
(DBN)

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UK:

CMS UK and Olswang partners to pay in more capital as Nabarro holds back drawings to fund pension deficit
(DBN)

The Brexit effect: UK lawyers ‘unlikely to be of interest’ says international law firm in new job ad
(DBN)

Trustees have no greater claims that those of the bankrupt
(DBN)

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EU:

ECJ decides that rights in rem should be interpreted in accordance with German law, despite insolvency proceedings having been opened in France
(DBN)

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PIIGS:

Monte dei Paschi Bailout May Include Government Ownership Monte Paschi Said Headed for Nationalization After Sale Failure Paschi Falls as Buyers Said to Balk, Making State Aid Likely Italy Approves $20 Billion Borrowing To Rescue Monte Dei Paschi Italian Government Wins Green Light On Debt Boost to Aid Banks Monte dei Paschi shares are swinging wildly as the bank's bailout crisis comes to a head Blame Jamie Dimon For The Death Of The World’s Oldest Bank? Sure, Why Not Monte dei Paschi: not dead yet Bailout of Italy bank Monte dei Paschi could take months: report
(DBN)

Italy proves that banks are not the risk-free fantasy we're told to believe
(DBN)

Greek MPs back delaying tax hike for migrant-hit isles
(DBN)

Tsipras' Pretend Heroism Is for Internal Consumption Only
(DBN)

Can the Court evaluate the feasibility of a concordato preventivo plan whereby the debtor would continue to trade?
(DBN)

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Singapore:

Singapore Unveils New Proposed Debt Restructuring Legislation
(DBN)

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Venezuela:

Why Venezuela Should Default
(DBN)

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Japan:

Japan’s Embattled Students Learn to Live Under a Burden of Debt
(DBN)

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Russia:

Changes to the Russian Unified Federal Register of Data on Bankruptcy
(DBN)

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Brazil:

Christmas cheer falls flat in crisis-hit Rio
(DBN)

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Kosovo:

State-owned Kosovo Telecom may face bankruptcy after court ruling, says CEO
(DBN)

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India:

Overview Of And Foreign Perspective On The Indian Insolvency And Bankrupcy Code 2016.
(DBN)

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Copyright 2016