December 8, 2016

The Daily Bankruptcy News

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Law:

Bankrupt SoCal Power Plant Owes Big Money to Big Law
(DBN)

Biglaw Firm Refuses To Invite Associates To Its Holiday Party
(DBN)

Gone to See a Lawyer About a Horse (Estate): Attorney Ropes In Unique Bankruptcy Gig
(DBN)

Holiday Parties: Does Everybody Know Your Name And Are They Always Glad You Came?
(DBN)

Sharing fees with lawyers at other firms? ABA ethics opinion offers guidance on safeguarding them
(DBN)

Weil Lawyer: Best Ideas for Gender Parity are Simple
(DBN)

Linklaters LLP accounts show top team shared nearly 20m in profit last year
(DBN)

Tiffany Trump Eyeing Harvard Law School Yesterday — It’s The Legally Blonde Sequel We Deserve!
(DBN)

Katherine Magbanua Pleads Not Guilty To First Degree Murder In Killing Of Dan Markel, Trial Set For February; Prosecutors Still Hope She Will Implicate Adelsons
(DBN)

Law School Victim Of A Cyber Attack, Applicant Data Compromised
(DBN)

10 Most Underrated Law Schools in America
(DBN)

There are so many varieties of Biglaw loneliness
(DBN)

Which Biglaw Firm Helped Donald Trump Flip China The Bird?
(DBN)

Who's in the Mix to Serve as U.S. Solicitor General?
(DBN)

A Fast, Comprehensive, And Efficient Cure For In-House Counsels’ Pain
(DBN)

The partner for whom I work plans to retire next year. We are the only two in the practice and I’m worried I will get laid off when she leaves
(DBN)

The Dan Markel Case: Why Isn’t Katherine Magbanua Cooperating?
(DBN)

Crazy But True Defenses
(DBN)

Which top law firms earned perfect scores for LGBT-inclusive policies?
(DBN)

The 10 best iPhone apps of 2016, according to Apple
(DBN)

Artificial Intelligence: Helping Lawyers More Than You Know
(DBN)

'Lawyers are inclined to dress up automation as innovation'
(DBN)

Attorneys Grapple With Future of 'Spymail' Use Following Alaska Opinion
(DBN)

12 gift suggestions for lawyers (gallery)
(DBN)

6 Things Lawyers Take For Granted
(DBN)

Law student cross-examines classmates about who left paper towel-wrapped ‘p---’ on toilet floor
(DBN)

Man sues after DNA sample mix-up put him in jail for 61 days
(DBN)

Trump's cabinet picks look like he’s going to revive the war on drugs
(DBN)

The First Truly Great Trial Movie
(DBN)

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Judges:

BK ND IL: LaShonda Hunt Appointed As Bankruptcy Judge
(DBN)

Bracketology: Supreme Court Justice Edition
(DBN)

Texas Judges Gone Wild
(DBN)

Garland vote effort fails again
(DBN)

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Wall Street:

US stock futures turn lower after ECB keeps rates unchanged
(DBN)

Stocks close at new records as investors shake off Trump-inspired health-care drop
(DBN)

Goldman Sachs is responsible for a massive chunk of the 'Trump rally'
(DBN)

These 40 stocks are expected to benefit from a Republican-controlled Washington
(DBN)

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Layoffs:

Limited Cuts Hundreds of Jobs Amid Bankruptcy Rumors
(DBN)

SunPower Says It's Laying off 25% of Its Workforce, 2,500
(DBN)

Mylan eyes up to 3,500 layoffs
(DBN)

Koch brothers announce layoffs
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Music:

SFX Resurrects Itself from Bankruptcy , Rebrands as LiveStyle
(DBN)

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Politics:

TIME Person of the Year 2016 - Donald Trump Trump Accepts Time’s Backhanded ‘Person of the Year’ Distinction Donald Trump intends to keep a stake in his business Trump: Here's why I went after Boeing FactCheck: Trump's Air Force One Tweet Trump doesn't understand how much it costs to build a car -- or a new Air Force One Trump Not First to Complain on Boeing Prices Trump received the most votes of any Republican presidential candidate ever Trump says he asked for Obama's opinion on his Cabinet appointments Trump's Cabinet is starting to look like the staff of one of the most storied units of the Iraq War Trump slams Alec Baldwin: 'His imitation of me is really mean-spirited and not very good' Donald Trump Can't Stop Watching 'Unwatchable' SNL Donald Trump Thinks Saturday Night Live Will Be Canceled Soon Matt Lauer presses Trump about 'SNL': Wouldn't it 'be better for you to simply stop watching' the show? Fox News host Chris Wallace to sit down with Trump for postelection interview Donald Trump Picks Scott Pruitt, Ally of Fossil Fuel Industry, to Lead E.P.A. Donald Trump: I’ve Done Nothing to Divide the Country Why people believe disinformation and Trump's conspiracy theories The 5 Easiest and 5 Most Difficult Promises for Donald Trump to Keep The guy Trump just picked to run the EPA is suing the EPA EPA Pick May Get Senate Push Back Trump picks wrestling magnate Linda McMahon to lead Small Business Administration This Is Not Normal
(DBN)

Time to Admit That US Politics are Profoundly Corrupt
(DBN)

Poll: Republicans Now More Anti-Free Market Than Democrats
(DBN)

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Personal Finance:

How Trump’s tax cuts (and hikes) will impact you, explained in one simple chart
(DBN)

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Corporate Governance:

Managers of insolvent Missouri LLCs have no fiduciary duty to creditors
(DBN)

Ontario Statute: Directors and Officers of Dissolved Corporations May be Held Liable for Environmental Liabilities
(DBN)

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Media:

Gawker - Did "Hogan v. Gawker" Just Hasten Its Death?
(DBN)

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Economy:

Half of Americans Got Nothing as Economy Doubled in Size
(DBN)

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

JP Morgan expects only two Fed hikes in 2017; says Trump’s stimulus will be small
(DBN)

Trump: 'I want to get a list of companies that have announced they're leaving. I can call them myself. Five minutes apiece. They won't be leaving.'
(DBN)

Some American schools could be worse than those in 'third-world' countries
(DBN)

Kasich Warns Ohio on Verge of Recession
(DBN)

Minimum-Wage Foes Tripped Up by Facts
(DBN)

Don’t blame low working-class wages or the financial crisis for the populist wave that produced Trump and Brexit. The data show the tide started decades ago
(DBN)

The Fed shouldn't be driving US economy, Trump advisor Judy Shelton says
(DBN)

5 Things to Watch For in Next Week's Fed Meeting
(DBN)

Gross warns investors of the ‘negatives’ of Trump policies
(DBN)

Why a Trump economic boom isn’t so farfetched
(DBN)

Stock market’s record run signals that fighting the Trump rally is a losing battle
(DBN)

Kirk Spano: Could Trump-China conflicts take the U.S. into recession?
(DBN)

He ‘lied his a– off': Carrier union leader on Trump’s big deal Donald Trump lashes out at Carrier steelworkers union leader The union worker Trump insulted by name says he's getting threatening phone calls
(DBN)

Donald Trump’s deal to create 50,000 jobs in America looks a lot different on Day Two SoftBank Was Already Investing Big in US 5 Questions About Trump’s Softbank Announcement
(DBN)

US Steel: We'll Bring Back 10,000 Jobs
(DBN)

How to Properly Kill the Middle Class
(DBN)

Nomura: Beware these grey swan risks for 2017
(DBN)

American business could be in big trouble unless Trump makes a clear plan, expert says
(DBN)

Did the Pentagon Bury Billions in Waste? Dig a Little Deeper
(DBN)

The Tax Reform that Will Make America Great Again Will Hurt Many Americans. Are You One of Them?
(DBN)

Democrats Send a Warning to Trump: Don’t Mess With Medicare
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Fannie Mae: Americans again expect home prices to start rising
(DBN)

Mortgage Applications Decrease in Latest Weekly Survey
(DBN)

CoreLogic: House Prices up 6.7% Year-over-year in October
(DBN)

America’s First Real Estate Presidency
(DBN)

The Cure for Costly Housing Is More Costly Housing
(DBN)

Home flipping comes down off 6-year high
(DBN)

Las Vegas Real Estate in November: Sales up 30% YoY, Inventory down Sharply
(DBN)

Phoenix Real Estate in November: Sales up 30%, Inventory down 2%
(DBN)

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Municipalities:

San Bernardino's bankruptcy plan will allow it to restore some services
(DBN)

San Bernardino reaches 'watershed' moment in bankruptcy. What's next? (FAQ)
(DBN)

What San Bernardino did during its 4-year bankruptcy
(DBN)

CPS prospectus includes mention of “hypothetical bankruptcy ”
(DBN)

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Oil/Gas:

Eyeing upswing, more U.S. oilfield service firms restructure
(DBN)

Oil inventory levels fall, while the fuels glut grows
(DBN)

Oil extends slide on U.S. supply outlook, OPEC follow-up talks
(DBN)

OPEC Deal Will Go Ahead Even If Only Russia Commits Oil prices stabilize as traders brace for OPEC’s meeting with other producers Russian oil producers loosely in line with OPEC
(DBN)

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Fraud:

Bernie Madoff explains in rare interview from prison how he rationalized his crimes
(DBN)

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Retailing:

American Apparel Wants to Close Nine Stores Before Its Bankruptcy Auction
(DBN)

'Another bad quarter' coming from Sears, but the struggling retailer is expected to hold on
(DBN)

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Shipping:

Hyundai Merchant, Mediterranean Shipping Favorites to Buy Long Beach Terminal
(DBN)

Ecovix to File for Bankruptcy - Report
(DBN)

The Privatization of Bankruptcy : Evidence from Financial Distress in the Shipping Industry
(DBN)

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Coal:

Coal Comeback? This Mining Company Already Pivoted to Gas
(DBN)

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Construction:

Fitch: U.S. Contractor Bankruptcies have Ripple Effect for Infrastructure
(DBN)

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Healthcare:

President-elect Trump’s promise to bring down drug prices sends biotech and pharma ETFs slumping
(DBN)

GOP Sets the Clock for Obamacare Repeal as Health Care Groups Hit the Panic Button
(DBN)

US Life Expectancy Declines
(DBN)

America's Sickest Counties
(DBN)

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New Bankruptcy Opinions
(7 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (8 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (9 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:

Commercial Bankruptcy Filings Continue Consecutive Increase
(DBN)

November Total Business Filings Since 2010
(DBN)

MN: November Filings Down YtY, Up MtM
(DBN)

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Alter Ego:

Judge Reverses Self, Allows Alter Ego to Be Pursued in Bankruptcy
(DBN)

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SCOTUS:

Supreme Court Seems Primed to Reverse Jevic, Precluding Structured Settlements
(DBN)

Argument analysis: Narrow reversal in Jevic seems likely
(DBN)

Synopsis of Oral Argument in Jevic
(DBN)

Transcript of oral arguments in Jevic
(DBN)

Supreme Court Jevic Case Can Send Bankruptcy Proceedings Into Turmoil
(DBN)

Supreme Court Hears Arguments Over Pay for Collapsed Trucking Firm's Workers
(DBN)

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Guaranties:

Guarantors Beware: Ignore Boilerplate at Your Peril
(DBN)

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Make-Whole:

Third Circuit Enforces Make-Whole Premiums after Automatic Acceleration in Bankruptcy
(DBN)

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Gambling:

Millstein: That's gonna cost you extra
(DBN)

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IP:

Article Five Things You Should Know for 2017 About Cross-Border IP Licensing and Insolvency Law
(DBN)

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Jurisdiction:

‘Close Nexus’ Test Not Always Applicable for Post-Confirmation Jurisdiction
(DBN)

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Education:

Education Department places hefty conditions on University of Phoenix sale
(DBN)

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Mining:

Magnetation LLC Announces the Sale of its Assets
(DBN)

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Corporate Reform:

Blackstone: Historic Regs Overhaul w/ Trump
(DBN)

Forecasting SEC enforcement in the Trump administration
(DBN)

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UK:

King & Wood Mallesons Heading Towards Pre-Pack Administration
(DBN)

Government's latest plans to reform the Corporate Insolvency Framework: what's hot and what's not?
(DBN)

Lord Pannick and the judges go to battle over a key argument in the Article 50 case
(DBN)

Rugby-London Welsh seek voluntary liquidation
(DBN)

Doosan Babcock to Cut Almost 500 UK Jobs
(DBN)

Standard Chartered Sanctions Probe in Final Stage
(DBN)

Applications to Irish roll up 275 per cent as firms prepare for Brexit
(DBN)

______________

PIIGS:

Italy's 'No' vote is the death knell for structural reforms
(DBN)

Monte Paschi Asks ECB for More Time to Finish Capital Hike
(DBN)

Tsipras in Search of EU Allies as Workers at Home Strike
(DBN)

Greece, Not Italy, Still Poses Biggest Challenge to Eurozone Europe's Still Dithering Over Greece
(DBN)

______________

Russia:

Cheap Oil Could Basically Bankrupt Russia In Only 6 Months
(DBN)

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Latvia:

Overview of Latvian Insolvency System
(DBN)

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China:

If this keeps up, Trump won't have to do anything to punish China's economy
(DBN)

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Australia:

Australia's Economy Posts Large Decline
(DBN)

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Netherlands:

Sharp rise in November bankruptcy rate
(DBN)

______________

Brazil:

Brazilian Telecom Firm Oi Talks to Cerberus Capital About Possible Deal
(DBN)

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