January 4, 2016

The Daily Bankruptcy News

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Law:

Law firms see productivity drop as work slows down
(DBN)

No Merger Between Dickstein and Bryan Cave: Sources
(DBN)

Skadden tops global M&A rankings as Freshfields and CC compete with US leaders
(DBN)

Toxic superstars can reduce profitability
(DBN)

Why 2016 May Be a Rough Year For Litigation
(DBN)

Arms Race: Law Firms and the Litigation Funding Boom
(DBN)

Financial services sector is top recruiter of lawyers in 2015
(DBN)

Karen Lamkin - Female, Over-50, Lawyer & Jobless
(DBN)

New Year ‘To-Do List’ For Law Partners Considering A Lateral Move In 2016
(DBN)

SmallLaw New Year’s Resolutions
(DBN)

Law Schools In Japan - Policy Makers Planned, The Gods Laughed
(DBN)

12 signs you desperately need a vacation from work
(DBN)

You might want to do this bizarrely simple thing if your iPhone is acting up
(DBN)

California's Out-of-Whack Ethics System
(DBN)

New York's chief judge reveals new disciplinary system for lawyers as he steps down
(DBN)

Armed Oregon Militia Seizes Federal Building at Wildlife Center Patriots or domestic terrorists? Armed protesters seize Oregon wildlife refuge. The Oregon militia standoff, explained Oregon militia occupying wildlife refuge aims to overthrow government, says sheriff
(DBN)

'Affluenza' teen may delay deportation with human rights law Couch Got Probation, Another Kid 20 Years Ethan Couch Hires High Profile Lawyer Ethan Couch - Part Of Defense To Bar Deportation From Mexico Is Unlawful Separation From Dog Ethan Couch Ran Up S---- Club Tab in Mexico
(DBN)

Court declines "therapy duck" case
(DBN)

How Can You Get A Case Continued When Your Client Is Half-N----?
(DBN)

Most Unseemly Legal Fight of 2015
(DBN)

The death of a 12-year-old by police is what happens when police aren't required to accept risk
(DBN)

4 Killed in California After Argument Over a Washing Machine
(DBN)

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Judges:

Stakes High for Supreme Court Decisions in 2016
(DBN)

John Roberts Cites Duels in Explaining New Rules in 2015 Judicial Report
(DBN)

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Wall Street:

Stocks Fall Sharply on China Slowdown Worries Stocks set for ugly start to 2016 Dow set for triple-digit losses amid China sell-off
(DBN)

It's a global market rout
(DBN)

Wall Street aims to break even for 2015
(DBN)

Why World Stock Exchanges Are Falling in 2016
(DBN)

You could have turned $1,000 into trillions by perfectly trading the S&P 500 in 2015
(DBN)

______________

Layoffs:

EMC plans layoffs as it cuts annual costs by $850M
(DBN)

Montana mine lays off workers as coal industry slumps
(DBN)

Even your boss may be threatened by robots: Study
(DBN)

Nearly 600 layoffs expected at Murray Energy coal mines
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Farming:

Blizzard kills thousands of cows and threatens Texas dairy business
(DBN)

2nd suit in grain case set to move
(DBN)

____________

Retailing:

5 Retailers That Sought Bankruptcy Protection in 2015
(DBN)

Toys R Us closes flagship store: Ferris wheel, T-Rex and all
(DBN)

Sears Pension Fund Has First Claim On The Bankruptcy Remote Vehicles
(DBN)

____________

Weather:

Flooding Continues to Wreak Havoc in Missouri, Illinois Southern states brace for flooding
(DBN)

Millions of trees are 'teetering on death' in California
(DBN)

16 States Issue Flood Warnings
(DBN)

____________

Personal Finance:

13 bad money habits you should break in 2016
(DBN)

How the Fed may-or may not-hit your wallet in 2016
(DBN)

____________

Pharma:

Nasdaq tells KaloBios its bankruptcy filing is further grounds for delisting KaloBios says it is appealing Nasdaq delisting
(DBN)

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Aviation:

Delta's Pilots Say It's Their Turn To Cash In
(DBN)

____________

Tech:

Greg Norman hedge fund bids for bankrupt tablet maker
(DBN)

____________

Ethanol:

Former ethanol plant operator forced into bankruptcy
(DBN)

____________

Shipping:

Shipowners rocked by sinking charter rate
(DBN)

Altor: OW Bunker Management Not Responsible for Bankruptcy
(DBN)

____________

Paper:

China is killing Oregon's paper mills
(DBN)

____________

Fraud:

The Ponzi Scheme Blog: December 2015 Ponzi Scheme Roundup
(DBN)

____________

Banking:

December 2015: Unofficial Problem Bank list declines to 250 Institutions
(DBN)

Why are there almost no new banks since the crisis?
(DBN)

____________

Taxis:

Uber Surge Pricing Ignites Maelstrom Uber's New Year's Surge Pricing Infuriates
(DBN)

____________

Hedge Funds:

Hedge Fund Lutetium Plans to Liquidate, Return Investor Cash
(DBN)

____________


Economy:

December jobs report could cap best 2 years since 1998-1999
(DBN)

US weekly jobless claims total 287000 vs 270000 estimate
(DBN)

Could Few Layoffs Be a Bad Sign for the Economy?
(DBN)

Could the Economy Tank This Year?
(DBN)

What It Takes to Become a Member of the 1%
(DBN)

Fed's Fischer Supports Higher Rates If Markets Overheat
(DBN)

Fed’s Mester sees economy picking up
(DBN)

Chicago PMI at lowest since July 2009
(DBN)

Big Economies Face $7T Refinancing Tab in '16
(DBN)

Goldman Forecast: "Questions for 2016"
(DBN)

Here come the minimum wage hikes
(DBN)

The US economy is 'becoming more vulnerable'
(DBN)

Highest Earners' Tax Rates Rose Sharply in 2013 Justice in Taxes, Most Likely Short-Lived What The New York Times Simply Isn't Understanding About The Tax System: Top Tax Rates Are Too High
(DBN)

Junk bonds’ crunch is nothing like the 2008 housing meltdown
(DBN)

Why Job Growth Could Get Even Worse for Men Without College Degrees
(DBN)

Hotel Occupancy: 2015 is Best Year on Record
(DBN)

US Debt Clock
(DBN

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

Goldman Sachs: Will homebuilding remain the fastest-growing sector?
(DBN)

Freddie Mac: Mortgage rates finally break above 4%
(DBN)

WSJ On Fannie/Freddie: "Washington is a place where bad ideas go to live forever"
(DBN)

Two Cheers for Fannie and Freddie Synthetic CDOs
(DBN)

Millennials can only afford 135 square feet of housing in San Francisco
(DBN)

"They were trashing my grapevine, beating my cat. It was like a frat party. They were insane."
(DBN)

____________

Municipalities:

Puerto Rico Continues to Sink Into Bankruptcy With No Lifeline in Sight
(DBN)

Puerto Rico Is In Serious Trouble. Here's What You Need To Know.
(DBN)

Puerto Rico's Default: Who Is Impacted the Most?
(DBN)

Wilbur Ross: Puerto Rico Is the U.S. Version of Greece
(DBN)

Inside Puerto Rico's New Year's Eve Debt Bill
(DBN)

Puerto Rico Default: What It Means for the Bond Market
(DBN)

Puerto Rico Infrastructure Debt Sinks to All-Time Low on Default
(DBN)

San Diego: More labor troubles ahead
(DBN)

Police union contracts in line for fresh scrutiny in Chicago and beyond
(DBN)

____________

Oil/Gas:

Mon.: Oil prices pare gains after jumping on Iran-Saudi Arabia tensions
(DBN)

Oil drops 31% in 2015 on global crude glut
(DBN)

Total U.S. rig count dips below 700 for first time since 1999 Oil Rig Count Stands At One-third Of Rigs Operating A Year Ago
(DBN)

BP's Bob Dudley: Oil Will Be Lower Than You Think For Longer
(DBN)

More trouble ahead for U.S. oil industry
(DBN)

Oil-Rich but Cash-Dry? This Banker Gets the Call
(DBN)

AAA projects gas prices to remain low in 2016
(DBN)

Iran Says Post-Sanctions Crude Output Boost Won't Hurt Prices Iranian oil barrels still in play: Strategist
(DBN)

John Kilduff: Oil could hit $18 in 2016
(DBN)

Argent Energy Trust announces non-payment of interest on subordinated unsecured convertible debentures
(DBN)

Swift Energy becomes 40th North American driller in bankruptcy Swift Energy Company Enters Into Comprehensive Restructuring Support Agreement with Majority of Senior Noteholders and Files Chapter 11 to Effectuate Restructuring
(DBN)

First tanker carrying US crude exports sets off from Texas
(DBN)

'Shotgun weddings' in energy may boost M&A in 2016
(DBN)

Saudi Arabia-Iran rift could further disrupt oil prices
(DBN)

Oil’s prologue likely to be a harbinger of worse things to come
(DBN)

Global oil , gas investments to fall to $522bn in 2016
(DBN)

Economists: Houston Can Weather Oil Prices
(DBN)

____________

Celebs:

Reality TV Star Teresa Giudice Speaks Out After Bankruptcy Fraud Prison Stay Video
(DBN)

Cosby faces big financial threat from civil lawsuits - legal experts Bill Cosby's wife, Camille, is being forced to testify in a civil case against him Camille Cosby is 'Livid and Humiliated' A local political issue could complicate the Bill Cosby case Cosby's Take on Encounter Differs Starkly From Accuser's
(DBN)

Trick Daddy Files Request For Passport To Keep Up On Bankruptcy Payments
(DBN)

____________

Furniture:

RoomStore future seems uncertain in Prescott
(DBN)

____________

Gambling:

Caesars to Face Another Difficult Year
(DBN)

FanDuel and DraftKings May Have to Return Money
(DBN)

____________

Coal:

Government agency to assume Walter Energy retiree benefits
(DBN)

Union unsure how U.S. bankruptcy ruling will affect former B.C. employees of Walter Energy
(DBN)

Coal-Dependent States Lose Jobs And Gain Drug Addiction
(DBN)

____________

Healthcare:

Doctors’ Hospital bankruptcy to stretch into 2016
(DBN)

____________

Student Debt:

How Elizabeth Warren Beat A Student Loan Giant
(DBN)

____________

Finance:

US Leveraged Loan Volume Sputters to 4-Year Low Despite Solid Credit Fundamentals
(DBN)

____________

Resorts:

The Ghosts of Baha Mar: How a $3.5 Billion Paradise Went Bust
(DBN)

____________

 


New Bankruptcy Opinions
(5 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (1 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (12 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)

______________

IP:

The Impact of Rejection on Trademark Licensees’ Rights in Bankruptcy: the Latest Decision on an Issue that Has Courts Divided
(DBN)

____________

Rules:

Justice Roberts On FRCP Amendments: "The amendments may not look like a big deal at first glance, but they are"
(DBN)

The 2015 Amendments: An End to Objectionable Objections?
(DBN)

Civil Rules Guidelines Questioned - Officials: They don't reflect judiciary's views
(DBN)

____________

Professional Compensation:

Baker Botts Angles to Shield Future Fees After Asarco Ruling
(DBN)

____________

Tax:

Swiss Bank Admits Cash and Gold Withdrawals Cheated IRS
(DBN)

____________

Television:

Bankruptcy Watchdog Questions Back9Network Borrowing Deal
(DBN)

____________

Politics:

Bill Clinton may backfire as Hillary's 'secret weapon' Hillary vs. Trump: Their battle over Bill Clinton Clinton Has Already Raised $100M in 2015 Jeb: Hillary Will Crush Trump
(DBN)

Bernie Sanders nearly matches Hillary Clinton fundraising in fourth quarter
(DBN)

Trump and His Debts: A Narrow Escape Anti-Trump Super PAC Airs Radio Ad in New Hampshire The Eight Causes of Trumpism Trump: 'Hillary Clinton created ISIS with Obama' After Terrorists Seize on His Words, Donald Trump Vows to Keep Speaking Out Trump : 'I have a very big lead and I intend to keep it" Somali al Shabaab Islamic militants use Donald Trump in recruiting film 'They Use Other People, Too' Donald Trump's provocative first TV ad invokes San Bernardino shooting Analyzing the way Donald Trump speaks like a salesman How Trump Became Trump Donald Trump's dominance of the Republican primary so far, in one pretty map
(DBN)

The man behind that anti-Trump Rose Bowl message? A Rubio backer
(DBN)

That time Marco Rubio helped his convicted brother-in-law get a real estate license Distortions of Rubio record on Puerto Rico show Dems' fear Rubio's Anti-Cruz Path to the Nomination
(DBN)

Carly Fiorina Explains Her Crossover Support for Iowa’s Hawkeyes
(DBN)

Cruz Heads Back to Iowa as a Frontrunner — and as a Target Ted Cruz really, really loves the death penalty Ted Cruz is No Libertarian
(DBN)

Ben Carson Cites Reasons Behind Campaign Staff Shake-up 20 Staff Members Quit Carson Campaign The Carson Campaign's Year-End Collapse
(DBN)

The 20 Percent World
(DBN)

Poll: Whites and Republicans are the Angriest
(DBN)

Candidates Diverge Widely on Taxes, Growth and Lifting the Middle Class
(DBN)

____________

Distressed Investing:

Junk Bonds : Don’t Toss Them out Yet
(DBN)

Asian bankers will shift from deals to distress
(DBN)

____________

Debt Collection:

Lawyers: Pending $3M Settlement and New Rules Could Change Debt Collectors
(DBN)

____________

Autos:

GM ignition switch trial in NYC: The first of six big cases
(DBN)

____________

Electricity:

In Oncor deal, Hunts face tough test at Texas utility commission
(DBN)

____________

UK:

Property company insolvencies rise as UK ‘zombies’ are killed off
(DBN)

Bank of England’s lawyer headcount jumps 670% in five years
(DBN)

U.K. consumer lending hits 7-year high
(DBN)

Homeowners count the cost as floods force prices to plummet
(DBN)

Cost of UK Floods Tops £5 Billion
(DBN)

100000 British firms owed £16bn they may never recoup
(DBN)

Retail chains face the season of Christmas turkeys
(DBN)

UK stocks drastically underperform Europe in 2015
(DBN)

Drop in number of failing Galway companies
(DBN)

HBOS report to be hauled into Lloyds lawsuit
(DBN)

UK law firm drops traditional annual leave policy
(DBN)

____________

PIIGS:

Most Greeks expect economy to get worse in 2016, Grexit risk
(DBN)

Greece defiant over pension cuts ahead of key talks with creditors Greece warns creditors on 'unreasonable demands' over pensions Government braces for talks on pension reform BoG governor warns of risks of backsliding
(DBN)

____________

Canada:

Alberta man fined $1 million for fraud through bankrupt mortgage firms
(DBN)

____________

BRICs:

'Thunder' chart for 2016
(DBN)

India manufacturing PMI falls below 50
(DBN)

____________

China:

China Factories Haven't Fought Off Overcapacity, Weak Demand
(DBN)

China's manufacturing PMI rises but still under 50 China PMI contracts for 5th month in December
(DBN)

China Paves Way to Unload Toxic Assets Onto Investors
(DBN)

Asian shares slide as 2016 gets off to shaky start, trading halted in China China's stocks got frozen before they were obliterated
(DBN)

____________

Ukraine:

Russia and Ukraine's full-blown economic war just got worse
(DBN)

____________

Russia:

Cheap oil is greasing the skids for the Russian ruble’s decline to record lows
(DBN)

Khodorkovsky: From Russian Multi-Billionaire to ‘Murderer’?
(DBN)

____________

Netherlands:

Biggest Dutch department store chain declares bankruptcy
(DBN)

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