February 16, 2016

The Daily Bankruptcy News

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Law:

Associate Bonus Watch: A Giant Law Firm Exceeds Its Associates’ Expectations
(DBN)

Associate Bonus Watch: Biglaw Firm Helps Associates Celebrate Love By Making It Rain
(DBN)

One More Angel In Law Firm Heaven
(DBN)

Former and Current Dickstein Shapiro Partners to Lose Millions They Left With Firm • Tracking Dickstein Shapiro's Demise
(DBN)

Citi Private Bank: Firms Can Expect More of the Same in 2016
(DBN)

Overseas Shipholding Group Settles with Proskauer
(DBN)

Will PPP Be Dethroned?
(DBN)

The Dirty Little Secret of Law Firm Billing
(DBN)

UC-Berkeley Law, Business Schools Jack Up Tuition For California Residents
(DBN)

Amidst 32% Enrollment Decline, University Of Minnesota Funds $16 Million Law School Operating Deficit
(DBN)

Dubious ROI In A Booming Lateral Partner Market
(DBN)

Dorsey Partners Peggy Hunt and Monica Clark Named Bankruptcy & Restructuring Group Co-Chairs
(DBN)

The Gender Pipeline Problem at Law Firms
(DBN)

Even More Practical Advice For New Lawyers
(DBN)

New York appeals court says client can sue lawyer over Wall Street Journal comment
(DBN)

Your Client Relationship Needs Face Time
(DBN)

Pepper Hamilton and project lawyer resolve ADA suit over sleep disorder
(DBN)

Rudy Giuliani on Dewey & LeBoeuf, Justice Scalia, and Law School
(DBN)

Sanctioned Big Law Associate Sues NY Post, Daily News for Defamation
(DBN)

Covington Wins Conflict Fight With Ex-Client 3M, But It's Ugly
(DBN)

Accountants want in on all reserved legal services
(DBN)

King & Spalding repaid $800,000 fees to 'Putin's banker'
(DBN)

Highest-paying jobs in America for 2016
(DBN)

A Harvard psychologist reveals the quickest way to boost confidence when you're nervous
(DBN)

11 must-have tech accessories that cost $20 or less
(DBN)

27 things you didn't know your iPhone could do
(DBN)

The 12 best-looking dress shoes you can buy for under $500 • You might be tying your shoes incorrectly — here's how to fix that
(DBN)

Ninth Circuit Recognizes Right to Bear Arms Outside the Home
(DBN)

Two Dead After Shooting Spree That Began At Law Firm
(DBN)

Law firm worker slain; sheriff calls for more mental health funding
(DBN)

Judge Changes Mind, Says James Woods Can Likely Unmask Guy Who Made Fun Of Him On Twitter
(DBN)

Penalized for writing bar exam after it ended, woman passed but had admission delayed
(DBN)

Lawyer accused of jailhouse s-- says guards lied to discredit client aiding staffer probe
(DBN)

Drug haul worth $900 mln found hidden in bra inserts
(DBN)

City drops claim for Tamir Rice’s ambulance ride; cops shot the boy while he played with toy gun
(DBN)

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Judges:

You’re an Inappropriately Dressed Interloper, Judge Tells DOJ Lawyer
(DBN)

Justice Scalia has died at the age of 79 • What happens to this Term’s close cases? • The Legal World Reacts to the Death of Supreme Court Justice Antonin Scalia • Lawyer who's argued 73 cases in Supreme Court says oral arguments 'changed completely' after Scalia • 'Not an ogre:' A former clerk told us what it was really like to work with Justice Scalia • The Scalia I Knew Will Be Greatly Missed • Justice Scalia’s Legacy of Laughs • Judges Recall Scalia as 'Life of the Party,' 'Hugely Consequential' • In Death, Scalia Will Become More Powerful Than Ever • How Justice Scalia’s Absence Might Affect the Current High Court Term • The Pen as Sword: Justice Scalia in Dissent • Scalia's Grave-Dancers Deserve a Harsh Verdict • Justice Scalia in the Majority: Memorable Opinions • Alan Dershowitz told us Scalia's 'most fundamental' contribution to the Supreme Court • In praise of Antonin Scalia, a conservative giant • Scalia's Remarkable Legacy • Ruth Bader Ginsburg released a moving tribute to her 'best buddy,' Antonin Scalia • Antonin Scalia's 'Profound' Influence on the Supreme Court • Separating the Dancer from the Dance • A roundup of some of his most memorable quotes • Justice Scalia And Me: A Love Story • Conspiracy truthers shift into overdrive • Pronouncing a Supreme Court Justice Dead in West Texas • Scalia's last moments on a Texas ranch, quail hunting to being found in 'perfect repose' • Scalia was 'Unbelievably Energetic' During Recent Trip to Asia • Supreme Court Justices Comment on Justice Antonin Scalia's Death and Legacy • Statements From Supreme Court Justices on Antonin Scalia • What Happens to Justice Scalia’s Clerks? • Here's the man 2 prominent legal experts believe Obama would like to make the next Supreme Court justice • Here's a shortlist for the Supreme Court seat Scalia's death just left vacant • Who Will Obama Nominate To Replace Scalia — A Gambler’s Guide • Scalia’s greatest strength, his steadfastness, was also his greatest weakness • Justice Scalia Came Close to Greatness • After Scalia's death, 6 pending cases about companies, jobs and money • Advice to Obama: Make a Boring Supreme Court Pick
(DBN)

This is a job for Chief Justice Roberts, judicial statesman
(DBN)

This Supreme Court Justice Has a Sweet Tooth
(DBN)

Johnny Cash Citation Forced Into High Court Opinion
(DBN)

Judge Arrested And Charged In Son’s Hot-Car Death
(DBN)

New York Judge Arrested For DUI . . . On Way To Court
(DBN)

Photos of n---- judge removed from website
(DBN)

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Wall Street:

Dow futures leap almost 200 points after Saudi-Russia deal
(DBN)

Dow Jumps 275 Points as Oil Spikes 12%
(DBN)

UBS: The stock market is signaling a crash could be around the corner
(DBN)

The stock market is almost ready for a recession
(DBN)

Middle income Americans aren't that worried about the choppy stock market
(DBN)

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Layoffs:

Hancock Fabrics warns headquarters workers of job cuts
(DBN)

13 jobs that are quickly disappearing thanks to robots
(DBN)

Freightliner to lay off 1250 workers
(DBN)

Daimler to lay off 1,200 in North Carolina
(DBN)

Banks Cutting Most-Experienced Bond Traders in Fixed-Income Cull
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Distressed Investing:

Verso's demise shines spotlight on distressed debt gambit - Bondholders backing a route that cuts out bankruptcy lawyers can prove costly in the long run
(DBN)

Paulson Plans $1.5 Billion Private Equity Fund for Troubled Debt
(DBN)

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Celebs:

Financial crisis high-fliers can't get jobs
(DBN)

Teresa Giudice plans to make $40 million in 2016 as a yoga instructor
(DBN)

Is Kanye West really in $53m of debt? • Is Kanye West Teetering on Brink of Bankruptcy ? • Kanye West is begging Mark Zuckerberg to give him a billion dollars
(DBN)

Bankrupt & Broke: When Celebs Go Bust review – where's MC Hammer when you need him?
(DBN)

Why the SEC Must Wish It Never Went After Mark Cuban
(DBN)

Bill Cosby’s wife will have to give deposition, judge rules
(DBN)

The US Presidents Who Were Horrible With Money
(DBN)

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Religion:

Mediator requested in Duluth diocese bankruptcy
(DBN)

Duluth: Abuse Victims Choose Mediator
(DBN)

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Banking:

Keiser: Deutsche Bank ‘technically insolvent’, running a ‘ponzi scheme’ • Market questions long-term impact of Deutsche buyback
(DBN)

Veluchamy family defends its honor after settling Mutual Bank lawsuit
(DBN)

Bank Failure Fallout Should Be Spread Thin and Wide, Lenders Say
(DBN)

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Electricity:

Sundevil Holdings Files for Chapter 11 Bankruptcy
(DBN)

Oncor Utility REIT Deal Faces Headwinds in Texas
(DBN)

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Sports:

The banker who helped save the Golden State Warriors explains how to tell if your team is in the right hands
(DBN)

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Newspapers:

Tribune Publishing, Digital First Media bid to buy bankrupt O.C. Register
(DBN)

Insiders pass on early bid for OC Register
(DBN)

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Waste:

Bankrupt Recycling Firm Paid for CEO's Son's Racing Career
(DBN)

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Healthcare:

HCA buying bankrupt Forest Park hospital in $96M deal
(DBN)

San Antonio: Northwest Side hospital building heads to foreclosure again
(DBN)

Florence physician facing 400 felonies still without attorney
(DBN)

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Toys:

Here's How Lego Kept From Going Bankrupt
(DBN)

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Gambling:

Legal Battles Expand Within Caesars' CEOC Bankruptcy Litigation
(DBN)

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Alternative Energy:

Why SunEdison Inc Plunged 32%
(DBN)

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Retailing:

What Being A Lawyer Means To Chelsea A. Grayson, General Counsel & Chief Administrative Officer Of American Apparel
(DBN)

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Museums:

How 43 Giant, Crumbling Presidential Heads Ended Up in a Virginia Field
(DBN)

Is Sci-Quest closing? Huntsville museum misses last 2 rent payments
(DBN)

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Defaults:

16 global corporate defaults so far this year; overtaking 2015 says S&P
(DBN)

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Student Debt:

College students: Here’s a dose of reality from an unlikely source
(DBN)

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Ethanol:

Hard week won't spoil company's plan to buy struggling ethanol plants
(DBN)

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Mining:

Anglo Cut to Junk by Moody's as Metal Rout Hinders Debt Cuts
(DBN)

Anglo American looks to cut debt through asset sales
(DBN)

Anglo American loss doubles to $5.6 billion
(DBN)

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Economy:

Economists increasingly see Fed's hands as tied
(DBN)

NY Fed: Household Debt Increased "Modestly" in Q4 2015, Delinquency Rates Declined
(DBN)

Think the Financial Crisis is Over?
(DBN)

The Federal Reserve is bracing for deflation for the first time since the 1930s
(DBN)

Preliminary February Consumer Sentiment decreases to 90.7
(DBN)

Here are the similarities between 2016 and the 2008 financial crisis
(DBN)

One of the most reliable recession indicators may no longer be reliable
(DBN)

Global trade is worse than it was during the financial crisis
(DBN)

Little hope of profit 'recession' ending
(DBN)

Why Does U.S. Productivity Look So Abysmal? Not Mismeasurement, Paper Says
(DBN)

This chart shows a major change in the way Americans eat
(DBN)

Less than 3% of Americans are worth dating
(DBN)

It seems like central banks are 'pushing on a string'
(DBN)

LA area Port Traffic Increased YoY in January, Busiest January in LA Port History
(DBN)

Hotel Occupancy: 2016 Tracking Record Year
(DBN)

Here's why you would buy a bond with a negative yield
(DBN)

Retail Sales increased 0.2% in January
(DBN)

If gas is cheap, we eat out (and lie about it)
(DBN)

US Debt Clock
(DBN

Economic Indicators Dashboard
(DBN)

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Real Estate:

FNC: Residential Property Values increased 6.2% year-over-year in December
(DBN)

Lenders quoting 30yr fixed rates of 3.65%
(DBN)

Spring housing season kicks off with short supply
(DBN)

Why did feds do so little to help in housing crisis?
(DBN)

Big banks are fleeing the mortgage market
(DBN)

David Stern lists Hillsboro home for $10.75 million
(DBN)

Bankruptcy Trustee Sues Holland & Knight in Condo-Hotel Development Deal Gone Bad
(DBN)

Bankruptcy sales a key step to reviving Magnolia Project in Charleston
(DBN)

Update: Real Estate Agent Boom and Bust
(DBN)

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Municipalities:

Bankruptcy Would Be 'Huge Mistake' for Puerto Rico, Says Bond Insurer
(DBN)

Bankruptcy Judge Steven Rhodes Advising State About Detroit Schools
(DBN)

Puerto Rico Announces Plans to Default on Bond Payments
(DBN)

Puerto Rico, wealth redistribution and a needed control board
(DBN)

Steps Toward Settling Puerto Rico's Debt
(DBN)

New Jersey Lawmakers Seek to Revive Rejected Atlantic City Plan
(DBN)

Atlantic City's Financial Problems Widen
(DBN)

Lessons from Detroit Bankruptcy Mediators on Mediation Success
(DBN)

Erie School District may need to file bankruptcy in the near future
(DBN)

Be wary of who circles in CPS' desperate hours
(DBN)

School of Debt: How to Bankrupt Public Education, Chicago-Style
(DBN)

Running Schools Like Businesses — Into the Ground
(DBN)

The Windy City Has Reached The Boiling Point
(DBN)

Louisiana governor says state's finances in dire situation • $1 Billion Shortfall
(DBN)

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Oil/Gas:

Saudis and Russia agree to oil output freeze, Iran still an obstacle •Saudi Arabia, Russia, Qatar, Venezuela agree to freeze oil production
(DBN)

Mon.: Oil extends rally on prospects OPEC could act to counter low prices • After Brent Crude Rally, OPEC Rumors, What's Next? • Why The 'Oil Rally' Is All Smoke And Mirrors
(DBN)

Fri: Crazily volatile oil spikes 12% in biggest gain since 2009 • Oil Price Volatility Off The Charts
(DBN)

4 factors behind oil’s best one-day gain in 7 years
(DBN)

Oil CEO: The industry is in a 'severe and prolonged down cycle'
(DBN)

Drillers’ cash-flow gap expected to rise to $130 billion in 2016
(DBN)

Oil woes may clog pipeline companies' revenues
(DBN)

Energy loan worries climb as oil companies max out credit lines
(DBN)

Oil Price Fears Weigh on European Banks
(DBN)

One-Third of Oil Companies Could Go Bankrupt this Year
(DBN)

U.S. Banks Growing Hesitant To Loan Money To Energy Firms
(DBN)

Eagle Ford Shale oil output to fall again in March
(DBN)

Rig count tumbles again
(DBN)

With Linn Energy, SandRidge Energy and Midstates Petroleum Depleting Their Revolving Credit Lines, Banks Scramble
(DBN)

Zombie Oil Companies Could Hit Banks With $20 Billion In Loan Losses
(DBN)

E&P 'Bottom Of The Barrel Club' 16-2: Tanks For Nothin'
(DBN)

'False hope' driving crude oil rally?
(DBN)

This is what's really wrong with oil
(DBN)

Moody’s downgrades eight oil cos. in round of ratings adjustments
(DBN)

Off-shore driller tumbles into Chapter 11 bankruptcy • Paragon Offshore Begins Proceedings Under Chapter 11 • Paragon Offshore files for bankruptcy • Oil Drilling Co. Paragon Offshore in Pact with Creditors; Will File Chapter 11 • Offshore oil rig operator Paragon files for chapter 11 • Paragon Offshore reaches creditor deal for bankruptcy filing • Paragon Offshore files 'first day' motions with bankruptcy court • First Day Dec
(DBN)

96% of the world's oil production is still profitable at $35 a barrel
(DBN)

Morgan Stanley: We're slashing our oil price forecast by 50%
(DBN)

Here's the hidden strategy behind Saudi Arabia's oil plan
(DBN)

The latest reasons we're saying so long to super-cheap gas
(DBN)

How energy companies should deal with bankrupt suppliers
(DBN)

Energy expenditures as a percentage of consumer spending
(DBN)

Whiting Petroleum Corp Bonds Drop 6.4% During Trading
(DBN)

Chesapeake Plans to Pay $500 Million Debt Due Next Month • Will Explore Asset Sales, Report • Chesapeake shares crash amid questions • Chesapeake Energy: End Game?
(DBN)

Citi Downgrades Linn Energy to Sell with $0 Price Target
(DBN)

Oil Patch: The 'Circle The Drain' Phase Begins
(DBN)

EQT could lose up to $140m from Peregrine collapse
(DBN)

3 reasons why an OPEC production cut is unlikely • Why the Saudis and Russians Refuse to Blink Over Oil • OPEC Shifting Towards Ending Oil Glut
(DBN)

Sembcorp Marine sinks into the red on oil slump
(DBN)

Vultures, Circling: Blackstone Aims New Fund at Troubled Offshore Drilling Market
(DBN)

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Fraud:

Here's what's happened to the companies Martin Shkreli used to run
(DBN)

Madoff was a crook (and, sadly, Jewish)
(DBN)

Martin Shkreli Fights U.S. Bid to Delay SEC's Civil Case • Shkreli seeks to wage two court battles with U.S. • Martin Shkreli Hit With $4.6M IRS Tax Lien On Top Of SEC Charges
(DBN)

Bilked by Real Estate Ponzi Scheme, Woman Says
(DBN)

California man vanishes owing FTC $113 million over get-rich-quick scam
(DBN)

Spies Who Chased Terrorists Join Banks to Hunt for Rogue Traders
(DBN)

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Aviation:

Delta Air Lines is giving its employees a $1.5 billion reward
(DBN)

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Politics:

Jeb Slams Trump Over Multiple Bankruptcies • At GOP Debate, Trump Denies Accusations of Bankruptcy • GOP Debate: 'Seriously, this is insane' • ‘The World Trade Center came down during your brother’s reign’ • Donald Trump confronts audience in another GOP debate after loud boos • Viral Video Over Plant Closure Gets Attention in GOP Debate • Fact checking the ninth GOP debate
(DBN)

Elizabeth Warren unlikely kingmaker
(DBN)

Here's why Bernie Sanders is taking it easy on Hillary Clinton • Hillary Clinton's crucial advantage over Bernie Sanders in Nevada may be evaporating • Here’s what Sanders’ Wall Street tax would look like
(DBN)

Meet the understated governor shaking up the presidential race
(DBN)

Clinton Fact Check: "On average it takes 300 Americans working for a solid year to make as much money as one top CEO."
(DBN)

Donald Trump’s Words Risk Turning Off South Carolina Voters
(DBN)

Ted Cruz speaks Spanish on debate stage as he and Marco Rubio accuse each other of 'lies' • 'I want to get the facts straight': Debate moderator booed after quibbling with Ted Cruz on Supreme Court history • Ted Cruz is Not a True Christian
(DBN)

'The most consequential political battle of the last 20 years' has already broken out over Scalia's replacement • Politicians Lock Horns Over Court Vacancy • What Scalia’s Death Means for Republican Presidential Candidates • Minutes after Scalia’s death right-wingers seek to block nominee Obama hasn’t even appointed yet • Obama: I'm going to nominate a successor to Scalia • What Antonin Scalia’s death means for the presidential campaign • Ted Cruz: I will ‘absolutely’ filibuster anyone Obama attempts to appoint to the Supreme Court • Chuck Schumer strikes back • 'Dishonor our Constitution': Hillary Clinton hits GOP for saying Obama shouldn't replace Justice Scalia • John Oliver pounds GOP for invoking unwritten rule to keep from voting for Scalia’s replacement • Mitch McConnell’s Constitutional Contortion on a Successor for Antonin Scalia • The 2 people Donald Trump has name-dropped as possible replacements for Justice Scalia • Rubio Fact Check: Customary for no SCOTUS or Court of Appeals nominations in last year of term • The Coming Fight to Replace Scalia • Rubio Fact Check: "It has been over 80 years since a lame-duck president appointed a Supreme Court justice." • Can GOP Block Scalia's Replacement? Probably
(DBN)

3 Weeks: GOP May Abolish SCOTUS Filibuster
(DBN)

Marco Rubio's America Looks a Lot Like Canada
(DBN)

Bankruptcy trustee: Ex-parole board member must turn over inheritance to creditors
(DBN)

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Tech:

We're hearing about troubles at Nest, the smart home company Google bought for $3.2 billion
(DBN)

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Tax:

The top 10 tax havens for individuals
(DBN)

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Mass Torts:

Senate Committee Ponders Asbestos Trust Transparency
(DBN)

Railway leaders reflect on progress made in rebuilding line
(DBN)

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Derivatives:

Credit-Default Swaps Are Back as Investor Fear Grows
(DBN)

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Environmental:

Misdemeanor pleas led judge to lenient Freedom sentences
(DBN)

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New Bankruptcy Opinions
(4 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (36 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (16 new filings today)
(DBN)

Bankruptcy Code - Prior BK Codes - 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:

The Altman Z-Score In Edward Altman's Own Words
(DBN)

BK MD NC: Bankruptcy filings dip slightly in 2015
(DBN)

Bankruptcy filings drop in Missouri
(DBN)

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Involuntary Bankruptcy:

“A Bankruptcy Court Is Not A Collection Agency”: A Lesson On When Not To File An Involuntary Bankruptcy Petition
(DBN)

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Miscellaneous:

The Week Ahead
(DBN)

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Avoidance Actions:

Turning A Blind Eye Cost Lender Hundreds Of Millions Of Dollars; Inquiry Notice Spoils Lender’s Good Faith Defense In Fraudulent Transfer Case
(DBN)

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Interest:

Redondo Redux: Postpetition Post-Judgment Interest Governed by Federal Law
(DBN)

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Avoidance Actions:

Section 548 Avoidance Power Can Reach Foreign Transfers
(DBN)

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Exemptions:

Bill could exclude firearms from bankruptcy cases
(DBN)

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Bad Faith:

Sixth Circuit Affirms Rejection of Bad Faith Chapter 11 Plan
(DBN)

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Labor:

Third Circuit Allows Termination of Expired CBA Obligations
(DBN)

Taj Mahal takeover could be sidetracked based on Local 54 appeal
(DBN)

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Cross-Border:

How to Strategize a Cross-Border Asset Recovery Investigation
(DBN)

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Recent Pleadings:

Skadden Tries To Dismiss Claims That It Conspired While Representing Radnor Debtor
(DBN)

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Awards:

The Deal Announces Q4 2015 Out-of-Court Restructuring League Tables
(DBN)

Greenberg Traurig Bankruptcy Attorney Endows Writing Awards Fund to Emory Law School
(DBN)

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Coal:

Bankrupt Alpha Natural Resources Puts Marcellus Assets Up For Sale
(DBN)

Peabody Energy: The End Is Near • Fitch Downgrades Peabody Energy's IDR to 'CC', 2nd Liens to 'C'
(DBN)

Challenges to Peabody Energy's coal mine self-bonding grow
(DBN)

If You're A Peabody Energy Holder - I Don't Feel Sorry For You
(DBN)

Coal talk of the town as GOP candidates mingle in Cheyenne
(DBN)

Justice-owned company in contempt of U.S. court over unpaid debt
(DBN)

Confronting Coal
(DBN)

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Sovereigns:

Argentina Takes More Aggressive Stance with Bond Holdouts • 'Holdout' slams Argentine debt offer to end financial blockade •Argentina’s debt offer — don’t pop the champagne just yet • Gov't fails to convince top 'vultures' • Argentina’s New President Mauricio Macri Expects Country to Get Back Up; Continues to Settle Debt with 4 More Creditors • Argentina asks U.S. judge to drop block on debt payments • US judge wants holdout investors to take Argentina’s 75% settlement offer • Mediator: "An eventful week" • Argentina gets upper hand in debt battle with creditors • Argentine creditor calls country's return to US court 'baffling' • Griesa (also) appears to change tack • Argentina is Feeding the 'Vultures' with New Debt Deal • Argentina on the cusp of peace with creditors
(DBN)

Is Venezuela Destined to Default? • Venezuela Expanding Military Influence Over Oil and Mining • Trial under way in $100 million lawsuit against Venezuela • Is Venezuela Trying To Hide Oil Assets With This Bizarre Move?
(DBN)

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UK:

To submit or not to submit – questions of jurisdiction
(DBN)

Europe's elder statesmen are begging Britain to remain in the EU
(DBN)

Trading law reviewed as liquidators fail to establish ‘increase in net deficiency'
(DBN)

Aaron Carter opens up about multi-million dollar mistakes
(DBN)

From insolvency to pushing for the play-offs in 10 years
(DBN)

HMRC and small firms face big loss after Blue Inc uses insolvency clause
(DBN)

Kate Middleton Ashamed: James Middleton Boomf Marshmallow Company Bankrupt
(DBN)

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EU:

ECB ready to act, keeps eye on bank stocks, oil prices: Draghi
(DBN)

How the Bank Stock Selloff Could Stall Europe’s Economic Recovery
(DBN)

Why Europe should drop QE to get out of crisis
(DBN)

ECB chief: parts of Europe banking system 'face challenges'
(DBN)

Eurozone economy ends 2015 with whimper as dark clouds grow
(DBN)

The euro is diving as Draghi reloads the bazooka
(DBN)

Brexit could cause 'significant' damage to economies within the EU and expose them to a rise in immigration
(DBN)

German economic sentiment slumps: ZEW
(DBN)

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PIIGS:

Italy: Changes to the Insolvency Act concerning composition and moratorium agreements
(DBN)

Storm clouds gather on Italy's budget horizon
(DBN)

Abengoa Now Sued in US Bankruptcy Court in Kansas
(DBN)

Who is David Drumm and what has he been charged with?
(DBN)

Greek house price plunge continues for seventh year
(DBN)

Novo Banco Swaps Panel Denies Payout on Portugal Bond Transfer
(DBN)

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Canada:

Going bankrupt a bitter pill for NL worker in wake of oil price collapse
(DBN)

Cape Breton Techlink bankruptcy yields little for taxpayers
(DBN)

Food is the new steel at Hamilton’s Lake Ontario ports
(DBN)

Are Albertans Mailing Their House Keys Back To The Bank?
(DBN)

Nearly Half of Canadians Are Just $200 Away From Financial Crisis
(DBN)

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China:

China's Bad Loans Rise to Highest in a Decade as Economy Slows
(DBN)

Kyle Bass: China is already out of money
(DBN)

There's a revolution taking place in the Chinese economy
(DBN)

1.1 Trillion: Inside China's Asset-Backed Securities Market
(DBN)

Tales from the front lines of China's zombie state firms
(DBN)

Yingli Said to Get 3.3 Billion Yuan in Loans Amid Restructuring
(DBN)

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Japan:

Japan's 'Abenomics' is on the ropes
(DBN)

Japan's economy shrinks again in Q4
(DBN)

Kuroda's Negative Rate Takes Effect as Economic Woes Mount
(DBN)

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Netherlands:

V&D stores closed as bankruptcy case lingers
(DBN)

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MENA:

Israel: Mega Trustees Get Three More Months to Sell Chain
(DBN)

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Brazil:

Brazil's 5,500 Bankruptcies in 2015 Signal Deeper Credit Crisis
(DBN)

Sete Brasil Lenders Said to Tap $1 Billion State-Backed Fund
(DBN)

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Russia:

Soros: Russian Regime Will Face Bankruptcy in 2017
(DBN)

Russia's top automaker fears bankruptcy as losses mount
(DBN)

Swedish Appeal Court rules that arbitral tribunal should not have heard Yukos claims
(DBN)

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Norway:

Norwegian rail freight operator insolvent
(DBN)

Norway's Economy Barely Grows in Fourth Quarter Amid Oil Rout
(DBN)

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South Korea:

Gaeseong companies face bankruptcy risks
(DBN)

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Germany:

Germany's Bafin declares Maple Bank an indemnification case
(DBN)

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Australia:

Encouraging innovation through insolvency reform
(DBN)

Nickel debts pile up to $428m • Clive Palmer's staff urged to squeal
(DBN)

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India:

JSW eyeing distressed Indian port assets
(DBN)

Why India needs a bad debt agency
(DBN)

State-run banks like SBI, Bank of Baroda, Central Bank of India, apprise PM Narendra Modi of rising bad loans
(DBN)

Chased by banks, indebted midcaps cut informal deals with high networth individuals
(DBN)

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Austria:

Pimco's $12 Billion Standoff Over Austria Bad Bank
(DBN)

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The Daily Bankruptcy News is primarily a curated news link gathering service.   Most of the headlines contained in the publication are a collection of links to stories posted on the Internet by various third party publications.  Such content is owned by third party sources, not The Daily Bankruptcy News, and in some cases, these links change or expire, which means you may not be able to view some news stories in prior editions of the Daily Bankruptcy News. The DBN subscription fee is not a fee for access to the content of the links, but is a charge for the considerable work involved in gathering, organizing and presenting the links. Use of this site and The Daily Bankruptcy News is subject to our Terms of Use. If you received The Daily Bankruptcy News via email (and you have a paid subscription account), to view a news story, click on the headline, and the story should open in your web browser. To view additional stories, click back to the email and click on additional headlines, which will cause new stories to open in your web browser.  You can view the Daily Bankruptcy News on the web by clicking here.

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Passwords/Subscriptions
Access to certain links in The Daily Bankruptcy News is available only to readers holding a paid service subscription. These links are currently marked with a "DBN" notation. The cost of a subscription is $63/year, payable annually.  Volume discounts are available for sites with multiple users. Click here to see a schedule of discounts. Complimentary subscriptions are available for full-time educational and governmental employees and for full time students. For information about discounts or educational/governmental subscriptions, contact us by clicking here. A separate password is required for each member of a firm wishing access to restricted links.

New readers can receive a free password good for 30 days by clicking here. 30-day passwords are not available to readers who have previously had a password, even if the password was associated with a different email address used by the reader. Refunds are not available after purchase.

Readers who wish to change their passwords should click here. Readers who have forgotten their password should click here.

Adding Your Email Address To The Distribution List
If you would like to start receiving The Daily Bankruptcy News by email each day, click here, and fill in the information requested. There is no charge to be placed on the distribution list to receive the headlines, although access to many of the links behind the headlines requires a paid subscription (see above, under Passwords). If, after adding your email address to the distribution list, you do not receive an email confirming the addition, please contact us by clicking here for help.

Removing Your Email Address From The Distribution List
If you already receive The Daily Bankruptcy News by email and you wish to remove your email address from the distribution list, click here and send the email that should appear. You do not need to type anything in the body of the email message. Note that the email asking for removal must be sent from the same email address which is on our distribution list. If you do not receive an email confirming deletion of your email address from the distribution list, contact us by clicking here for help.

If receive the publication forwarded from an older email address, you will need to contact us as described below for help removing that older address from our distribution list.

Press Releases/News Tips
Please send press releases and news tips to admin@bkinformation.com

Contact Us
The Daily Bankruptcy News is published each business day by BKINFORMATION.COM, L.L.C. You can phone or text us at 281-402-3957. You can email us at accounting@bkinformation.com (email inquiries are usually answered substantially more quickly than phone inquiries). Our mailing address is 935 Eldridge Road, No. 350, Sugar Land, Texas 77478.
Copyright 2016