December 6, 2016

The Daily Bankruptcy News

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Law:

Associate Bonus Watch: Overjoyed Associates Receive Better Than Market Bonuses
(DBN)

More About Making Partner At Sullivan & Cromwell (Part 2)
(DBN)

Could 2016 Break Law Firm Merger Record
(DBN)

How much experience is “too much” experience for a job?
(DBN)

Law Schools Offering Games, Therapy Animals, And Yoga To Calm Exam Anxiety
(DBN)

A Biglaw Partner’s Rather Tacky Brag
(DBN)

The relentless advance of the super-intelligent attorney
(DBN)

Business Development: It’s All Been Said Before
(DBN)

What It’s Like to Be an Immigration Attorney in the Final Weeks Before the Trump Presidency
(DBN)

Jeb Bush to Consult Law Firm and Its Clients
(DBN)

Mistrial is declared in trial of cop accused of fatally shooting unarmed black man South Carolina Prosecutor: ‘We Will Try Michael Slager Again’ 'An absolute travesty'
(DBN)

Don’t click! Lawyers get fake emails about a complaint; hyperlink installs malicious software
(DBN)

Male lawyer who discussed 'ways' in which female client could settle legal bill is disbarred
(DBN)

A judge has ruled that damaging testimony Bill Cosby gave in an accuser's lawsuit can be used at trial
(DBN)

Former Biglaw Associate Among The Missing In Oakland Fire
(DBN)

Cher Nails Portrayal Of Lawyer
(DBN)

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Judges:

Judge Who Let Clerk Impersonate Her Charged With Being ‘Mentally Unable’ To Perform Her Duties
(DBN)

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Wall Street:

Dow reaches for a fresh record, but it’ll be a struggle
(DBN)

Stocks jump as Dow closes at record high
(DBN)

One of the biggest forces powering the stock market is stalling
(DBN)

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Layoffs:

General Mills to cut up to 600 jobs in global restructuring
(DBN)

American Apparel warns 3,500 Southern California workers of possible layoffs
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Student Debt:

For-profit college debt strikers plead with Obama to discharge their loans: 'Don't leave us at the mercy of President Trump'
(DBN)

The 5 best states to live in if you're paying off student debt
(DBN)

This student loan move could save you thousands
(DBN)

New law forgives N.J. college loans if student dies
(DBN)

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Coal:

Peabody Energy could save $12 million by paying its term loan early
(DBN)

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Media:

Gawker's Bankrupt Estate Distances Itself From Ex-Editor As Settlement With Hulk Hogan Looms
(DBN)

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Packaging:

Werthan Packaging Files for Bankruptcy
(DBN)

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Education:

Why For-Profit Colleges Are Undaunted by the Trump University Case
(DBN)

Trustee seeks fraud probe of funds tied to bankrupt college ITT
(DBN)

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Fraud:

New Arrest in Fraud Probe of Bankrupt Video Tech Firm
(DBN)

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Labor:

Texas SEIU files for bankruptcy in wake of lawsuit judgment Texas Labor Union Files For Bankruptcy SEIU local in bankruptcy after jury finds it disparaged company
(DBN)

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Shipping:

Shipping Alliance Prepares Contingency Plans for Another Bankruptcy
(DBN)

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Steel:

Federal appeals court overturns decision against Essar
(DBN)

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Alternative Energy:

US Government Challenging Abengoa Bankruptcy Plan
(DBN)

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Healthcare:

Ryan: Kill Obamacare is Job One The rate of insured Americans rose to 90 percent in 2015 because of Obamacare Obamacare Premium Subsidies Cost Over $32 Billion: Here’s Where They Go
(DBN)

Health Care Spending Spiked to $3.2 Trillion in 2015 The US can't cut healthcare spending
(DBN)

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Autos:

Trump Presidency Poses Risks For General Motors
(DBN)

VW’s German Execs Gird to Face Questions From U.S. Authorities
(DBN)

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Fishing:

Pacific Andes Resources Development updates on progress of proceedings under chapter 11
(DBN)

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Distressed Investing:

Tilton, Patriarch subject of DOD, DOJ investigations
(DBN)

As Avianca Weighs Bids, Hedge Fund Plays Unusual Role: Diplomat
(DBN)

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Politics:

Trump's phone call with Taiwan was reportedly months in the making A Mexican governor is calling for a Texas boycott in response to Trump's Carrier deal SNL Takes on Donald Trump's Twitter Habits Donald Trump's Conflicts of Interest Trump's Taiwan Phone Call was Premeditated Trump Attacks China in Twitter Outburst States that Trump won have lion's share of Obamacare subsidies to lose Trump's Cabinet Will Save Big with Tax Law Trump considering fast-food CEO for labor secretary The campaign promise Congress won't let Trump keep The Frankfurt School Predicted the Coming of a Trump Facts on Trump's Inner Circle
(DBN)

The Dangerous Myth That Hillary Clinton Ignored the Working Class
(DBN)

Democrats Have Questions. Elizabeth Warren Has Answers. Anderson Cooper Sticks Up for Trump Against Elizabeth Warren 's Blanket 'Bigotry' Assumption
(DBN)

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Economy:

ISM Non-Manufacturing Index increased to 57.2% in November
(DBN)

Aging Population, Stagnant Productivity Challenge Donald Trump's Growth Plan
(DBN)

Fed's Evans: 'We are on the cusp of a period of rising interest rates'
(DBN)

Credit Cards, Auto and Student Loans Cause ‘Modest’ Increase in Household Debt
(DBN)

President Trump could be either the best or the worst thing to happen to the global economy in 2017 How Donald Trump Can Grow the Economy and Keep His Promise
(DBN)

Trump Inherits Best Economy in a Generation
(DBN)

Economists' New Norm: Slow Growth
(DBN)

'Everybody loses': What an economic war between US and China would look like
(DBN)

Amazon's new grocery store highlights a huge hole in Donald Trump's promise on jobs
(DBN)

The manufacturer that Trump convinced to keep 1,000 jobs in the US is now raising prices CEO who just went toe-to-toe with Donald Trump says there was 'no quid pro quo' about Carrier United Technologies CEO on Carrier deal: I wasn't born last night United Technologies CEO: Free trade still essential to the growth of the country The CEO of Carrier's parent just let slip an unintended consequence of the Trump-Carrier jobs deal: less jobs
(DBN)

Why Both Trump and Obama Are Wrong About How to Save American Jobs
(DBN)

A Cheat Sheet on the Deglobalization of the Financial World
(DBN)

The Chart That Alan Greenspan Is Worried About
(DBN)

Rich people live ten years longer than poor people in the US
(DBN)

Trump Deficit Spending May Not Impress the Market
(DBN)

Top Republican says he won't back Trump's plan for huge tariffs
(DBN)

Vowing to Squeeze Businesses, Trump Has Tactics Challenged
(DBN)

Trump Warns Another U.S. Company
(DBN)

What Trump Didn't Learn From the Financial Crisis
(DBN)

Donald Trump's new Treasury secretary could kick the can down the road
(DBN)

Trump's tax paradox: Middle America won't benefit as much as coastal elites Why Blue States Are the Big Winners in Trump’s Tax Plan
(DBN)

Almost all the jobs created since 2005 are temporary
(DBN)

Irrational Exuberance Now Cooked into System
(DBN)

October's Monthly Change in Delinquency Rates by State Show Impact of Hurricane Matthew
(DBN)

Bankruptcy and Delinquency in a Model of Unsecured Debt
(DBN)

Americans Dream of a Christmas That Doesn't Put Them in Debt
(DBN)

To Keep Funds Flowing, Pentagon Buried Evidence of $125 Billion in Waste
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Wall Street as Landlord: Blackstone Going Public with a $10 Billion Bet on Foreclosed Homes
(DBN)

2017 Housing Forecasts
(DBN)

Trump effect: That house you want got $16,000 more expensive since he won
(DBN)

Here's the real impact of the post-Trump interest rate spike
(DBN)

October Mortgage Monitor
(DBN)

Office Markets Reliant on Energy Firms Might Wait Years for Recovery
(DBN)

Credit Restrictions Cost Home Buyers 'Deal of a Lifetime'
(DBN)

St. Louis County to hold hearing that could decide future of defunct Jamestown Mal
(DBN)

Dr. Ben Carson named next HUD leader divides housing industry
(DBN)

90 Year Old Woman Foreclosed Over 27 Cents
(DBN)

How America’s foreclosure crisis helped make Donald Trump president
(DBN)

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Municipalities:

Austin, Dallas, Houston and San Antonio facing massive pension shortfalls
(DBN)

US: Gov't Pensions Time Bomb Set to Explode
(DBN)

Dallas Pension Fiasco Lights Up Broader Problems
(DBN)

Judge Denies Dallas Mayor Mike Rawlings' TRO to Stop Police, Fire Pension Withdrawals
(DBN)

Police: GOP healthcare plan an ‘attack on profession’
(DBN)

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Oil/Gas:

Bankruptcy Wildcatting: Challenging Midstream Contracts In The Wake of Sabine
(DBN)

Tues.: Oil Prices Pause After Rallying to More Than 1-year High
(DBN)

Mon.: OPEC's oil output hit a record high in November, survey finds Oil advances to 16-month high as focus shifts to non-OPEC cuts Why oil prices hit a 16-month high
(DBN)

OPEC deal may already be running into trouble, says this chart
(DBN)

How Much Upside Do Oil Prices Have Left In The Near Term?
(DBN)

Big Oil is all set to bounce back in 2017
(DBN)

OPEC to Seek More Oil-Output Cuts from Nonmembers
(DBN)

U.S. Shale Industry's Time Has Come: OPEC's Commitment About To Be Tested
(DBN)

Trump Team Pledges Support for Completing Blocked Dakota Pipeline
(DBN)

Why Oil Company Earnings Could Double in 2017
(DBN)

Why US shale producers are the biggest winner from OPEC's oil deal
(DBN)

Houston energy co. sells assets to Hilcorp after bankruptcy to shift focus
(DBN)

Crippled Latin oil giants get no miracle cure in OPEC rally
(DBN)

Neither Opec nor US shale producers could land a winning blow in the fight for oil market dominance
(DBN)

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Electricity:

Texas regulators approve draft order for NextEra-Oncor deal
(DBN)

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Agriculture:

Kansas State to Help Farmers Weather Ag Economy Downturn
(DBN)

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New Bankruptcy Opinions
(1 new opinion today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (30 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (2 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:

November Commercial Bankruptcy Filings Up 26 Percent over Previous Year, Total Filings Down 10 Percent
(DBN)

Rochester: Area bankruptcy filings decline in November
(DBN)

Weekly Bankruptcy Claims Trading Activity
(DBN)

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Interest:

Lenders Are Entitled to Default Interest in Chapter 11: Ninth Circuit
(DBN)

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Equity:

Equitable Mootness – – Are Bankruptcy Courts Still to be “Courts of Equity?”
(DBN)

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Make-Whole:

Third Circuit Enforces Make-Whole Premium for Notes Accelerated by Bankruptcy Filing
(DBN)

Third Circuit Holds That Noteholders in a Bankruptcy Are Entitled to a Make-Whole Premium, Rejecting Approach of the Southern District of New York in Momentive
(DBN)

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Retailing:

Expect the Absolute Worst From Sears' Results
(DBN)

Sears executives quietly leave as earnings loom
(DBN)

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Estoppel:

NACBA Takes On 11th Circuit Judicial Estoppel Doctrine
(DBN)

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Privacy:

Consumer Data Privacy in Bankruptcy
(DBN)

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Awards:

Thomas Moloney Names Litigation Trailblazer
(DBN)

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Cross-Border:

Role of Abengoa in spotlight at U.S. bankruptcy showdown
(DBN)

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Sovereigns:

How Argentina pulled off a deal in creditor impasse
(DBN)

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SCOTUS:

Supreme Court Weighs Granting Cert on Bankruptcy Issues Involving Surcharge and Voting Rights of Assignee of Insider Claim
(DBN)

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Safe Harbors:

New York Bankruptcy Judge Bars Use of ‘Safe Harbor’ When Bank Is Only a Conduit
(DBN)

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TIA:

Awaiting the Second Circuit’s Decision in Marblegate
(DBN)

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TBTF:

Too Big and Unable to Fail
(DBN)

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UK:

‘The UK government's lawyers struggled to answer Supreme Court questions on Brexit
(DBN)

Does Parliament need to OK Brexit? Britain's Supreme Court to decide.
(DBN)

The government knows finance firms will leave over Brexit — but the City still isn't getting a special deal
(DBN)

Carney: Britain is in 'the first lost decade since the 1860s'
(DBN)

In blow to UK, EU rejects leeway for financial traders from tax avoidance rules
(DBN)

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PIIGS:

Angel Of Death Descends On Another Ailing Italian Bank
(DBN)

Bondholders wait anxiously as BMPS fate hangs in the balance
(DBN)

Italians Decide Maybe They Don’t Need Banks Italy’s Populists Claim Victory in Referendum, But Chaos Looms 4 Bank Challenges for Italy’s Next Prime Minister Italy's young people vote against vested interests Bank Clean-Up Opportunity Is Italy’s To Waste What can be done to stop an Italian banking crisis? Paschi Recapitalization Hangs in Balance After Debt Swap Monte dei Paschi is 'threatening the solvency of the Italian state itself' World's oldest bank told to get ready for a state bailout as Renzi defeat scares off investors
(DBN)

Greece tries to convince European creditors it's met targets Greece gets short-term debt relief from eurozone Greek debt burden eased by creditors Is EU Debt Relief for Greece Too Little, Too Late? EU Offers Greece Near-Term Debt Relief, Demands More Reforms
(DBN)

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MENA:

Fishman offers creditors 95% "haircut"
(DBN)

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China:

China's demographic future has a big problem
(DBN)

In China, American Apparel courts controversy — but not over what you'd expect
(DBN)

US trade veteran warns Chinese firms to be ready for a 'roller coaster' under Trump
(DBN)

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Australia:

ASIC scrutinizes insolvency practitioners’ independence
(DBN)

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India:

From a law to fully-operational bankruptcy board in 7 months
(DBN)

India Implements Radical Reforms to Insolvency and Rehabilitation System
(DBN)

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Brazil:

Deloitte Brazil fined, 12 partners sanctioned over false audit reports
(DBN)

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Mozambique:

Mozambique bondholders call debt-restructuring deadline a “pipe dream”
(DBN)

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