March 17, 2016

The Daily Bankruptcy News

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Law:

Greenberg Traurig Ends Merger Talks with London Law Firm
(DBN)

What Kirkland Departures Signal About Law Firm Branding
(DBN)

How Much Should Lawyers Fear The Future?
(DBN)

What Does It Mean To Work Hard?
(DBN)

Delaware Court Sees The Distinction Between Modern Litigation Finance And Medieval Champerty
(DBN)

Evolve Law unveils jobs board
(DBN)

US News.com 2016 rankings: a few remarkable "facts", plus reputation scores
(DBN)

2017 U.S. News Peer Reputation Rankings (v. Overall Rankings)
(DBN)

Legal Ed Section’s council proposes tighter bar-passage requirement for law school accreditation New Bar Passage Rates Could Set ABA Up for a Fight
(DBN)

Law School Lets Prospective Applicants Know They’re Nothing More Than An LSAT Score
(DBN)

UCLA Law School Announces 3-Year Tuition Guarantee
(DBN)

Yale Law School remains No. 1 in US News rankings
(DBN)

Women could be majority of law students in 2017; these schools have 100-plus female majorities
(DBN)

Prince Harry May Be Heading To Law School, But Which One?
(DBN)

Apple's Withering Fact Check Against the FBI
(DBN)

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Judges:

Obama announces Merrick Garland as US Supreme Court nominee
(DBN)

GOP Stands Firm on Vow to Block High Court Pick Obama Calls the GOP’s Bluff with Garland Nomination Here Are All the Times Republicans Praised Merrick Garland, Obama's Supreme Court Nominee Standoff Over Garland Rings Familiar GOP Split: Lame Duck Confirmation of Garland
(DBN)

Merrick Garland Deserves a Hearing
(DBN)

Inside Obama's Supreme Court Nomination Who is Merrick Garland? Merrick Garland: Your SCOTUS Nominee Getting to Know SCOTUS Nominee Merrick Garland 7 questions about Obama's Supreme Court nomination Judge Merrick Garland, In His Own Words Merrick Garland, President Obama’s Sensible Supreme Court Choice
(DBN)

Cut Merrick Garland some slack
(DBN)

Merrick Garland's Supreme Court Nomination Is a Smart Bet
(DBN)

Reactions to Garland Nomination
(DBN)

How Donald Trump and Hillary Clinton Complicate GOP Opposition to Obama’s Supreme Court Nominee
(DBN)

Business Could Do Far Worse Than With Justice Garland
(DBN)

The History Of Unsuccessful SCOTUS Nominees
(DBN)

Pennsylvania justice retires amid email controversy
(DBN)

Judge who survived driveway attack says she wasn’t told of prior warning to DA’s office
(DBN)

Judge Delivers Stinging Rebuke To Partners For Freezing Out Associates
(DBN)

Federal judge ‘excoriated and mocked counsel,’ 9th Circuit says; he is booted from a fourth case
(DBN)

Cases pile up in US federal courts as judicial vacancies climb
(DBN)

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Wall Street:

U.S. stock futures turn lower as Fed-fueled rally loses steam
(DBN)

S&P, Dow close at 2016 high after Fed stands pat on rates, signals gradual hikes
(DBN)

Wall Street's Awful Quarter Is Hitting Goldman Sachs, Too
(DBN)

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Layoffs:

McKesson Fires 1,600
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Retailing:

NRF: Retail sales growth slows to near-standstill
(DBN)

Sports Authority Plays Hardball in Suits Against Suppliers
(DBN)

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Alternative Energy:

The Financial Alchemy That’s Choking SunEdison
(DBN)

SunEdison Ability to Borrow Seen Hindered After Accounting Snag
(DBN)

Could Blistered SunEdison Yieldco TerraForm Power Face Delisting?
(DBN)

SunEdison Offers Another Excuse For Its Missing Financials
(DBN)

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Politics:

Trump's Bankrupt Brand of Hate Donald Trump Warns of ‘Riots’ and ‘Bad Things’ if Supporters Ignored The Simpsons Predicted President Trump The Economist: President Trump a Bigger Threat Than Terrorism 5 Cops Disciplined Over Failure to Act After Trump Supporter Sucker-Punched Protester
(DBN)

Rest In Peace To The Republican Party The Final Stage of Republican Grief
(DBN)

Fox News Debate Is Canceled as Trump, Then Kasich, Withdraw
(DBN)

John Kasich, Mainstream Republicans’ Last Hope
(DBN)

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Celebs:

Mark Cuban takes his grudge against the SEC to the Supreme Court
(DBN)

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Pensions:

The World's $78 Trillion Pension Nightmare
(DBN)

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Hedge Funds:

Bond Hedge Funds Facing `Worst Quarter in History,' Loomis Says
(DBN)

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Food/Beverage:

The End of Automatic Tipping Has Devastated Restaurant Paychecks
(DBN)

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Economy:

Fed Scales Back Rate-Rise Forecasts as Global Risks Remain Fed Ratchets Down Rates Forecast, Two Hikes In 2016 Not Four A Dovish Fed: Why It's Bad for Banks FOMC Statement: No Change to Policy, Concern about Global developments Economists React to the Fed Decision: ‘They Do Not Appear To Be in a Rush’ The Fed is Still Living in Denial
(DBN)

Sheila Bair: Central Banks Been Pushing on a String
(DBN)

Key Measures Show Inflation slightly above 2% in February
(DBN)

Governments Dump US Debt at Record Rate
(DBN)

Cheap Oil Masks Stronger Inflation in February
(DBN)

Business inventories have ballooned to 'crisis levels'
(DBN)

Factory Production in U.S. Rose in February for a Second Month
(DBN)

Fed: Industrial Production decreased 0.5% in February
(DBN)

Factory jobs trickle back to the U.S., giving hope to a once-booming mill town
(DBN)

Consumer Credit Default Rates Remain Stable
(DBN)

These Maps Divide the World into 4 Income Classes
(DBN)

Most U.S. Dealmakers See Volume Drop This Year After Record 2015
(DBN)

Americans less happy now than in 2007, says latest World Happiness Report
(DBN)

Caterpillar Sees First-Quarter Sales, Profit Below Estimates
(DBN)

US Debt Clock
(DBN

World Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Seventh Circuit’s Warning to Landlords: Getting Out of Your Lease With a Distressed Company May Expose You to Bankruptcy Risk
(DBN)

Foreclosure Effects: Beware of State Laws
(DBN)

US housing starts rebound as single-family projects soar Comments on February Housing Starts Housing Starts increased to 1.178 Million Annual Rate in February
(DBN)

Jump In Single-Family Homebuilding In Feb May Signal Turn In Housing Market
(DBN)

MBA: Mortgage Applications Decreased in Latest Weekly Survey, Purchase Applications up 33% YoY
(DBN)

CFPB Director Cordray: Credit unions misrepresent mortgage success
(DBN)

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Municipalities:

Puerto Rico Bondholders: Fact and Fantasy
(DBN)

And Now for Something Nutty on Puerto Rico
(DBN)

Not Yet. AllianceBernstein Preaches Patience on Puerto Rico Debt
(DBN)

No bankruptcy for Puerto Rico
(DBN)

Michigan Considers Legislation to Avert Detroit School Shutdown
(DBN)

Houston's finances are worse than we thought Houston's $3 Billion of Debt Cut by Moody's After Oil-Price Drop
(DBN)

Chicago Settling $390 Million Tab When City Can Least Afford It
(DBN)

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Museums:

Philadelphia children's museum out of bankruptcy
(DBN)

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Coal:

Largest U.S. Coal Producer On The Edge Of Bankruptcy
(DBN)

How Peabody Energy Will Avoid Bankruptcy
(DBN)

Peabody may file for bankruptcy as coal crashes
(DBN)

Peabody short sellers paying 100 percent to borrow shares
(DBN)

Peabody's Clearance Sale Heads to Australia Thousands of Australian jobs at risk as Peabody Energy warns over survival
(DBN)

Coal's ‘Last Man Standing’ Dragged to the Brink of Bankruptcy
(DBN)

Here's the Data Beleaguered Coal Is Watching for Signs of Relief
(DBN)

Coal goes up in smoke
(DBN)

Wall Street is turning coal mines into canaries
(DBN)

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Gambling:

Report: Paul Weiss Likely Not Liable for Caesars Conflicts
(DBN)

Will Caesars Examiner’s Report Help Junior Creditors in Restructuring Talks?
(DBN)

Apollo’s Tactics Questioned in Examiner’s Report
(DBN)

Caesars could take $5 billion hit from unit's bankruptcy
(DBN)

Caesars investors weigh impact of harsh examiner report
(DBN)

How Apollo and TPG's plan for saving Caesars backfired
(DBN)

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Oil/Gas:

Sabine Court Issues Industry-Affecting Non-Binding Opinion
(DBN)

Recent Bankruptcy Cases May Have a Significant Impact on the Midstream Oil and Natural Gas Pipeline Industry
(DBN)

Downstream Service Providers Hit a Dry Well: Bankruptcy Court Permits Rejection of Service Contracts
(DBN)

U.S. oil rallies on smaller than forecast storage build
(DBN)

SandRidge Energy makes $50.1 million in interest payments
(DBN)

Pacific Exploration & Production Considering Six Buyout Offers
(DBN)

IHS: “If producers have the money, they drill”
(DBN)

Oil investors see $7.4 billion vanish as dividends are targeted
(DBN)

The rise and fall — and rise? — of Pa.'s oil and gas industry
(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 (17 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (8 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:

Las Vegas, Reno and Bankruptcy Case Filing Statistics Available
(DBN)

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TIA:

Retail Bondholders Latch Onto TIA to Attack Private Distressed Debt Exchanges
(DBN)

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TBTF:

JP Morgan, Citi to Vote on Breaking Up Banks
(DBN)

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Avoidance Actions:

Lease Termination Before Bankruptcy May Be ‘Avoidable Transfer,’ 7th Circuit Rules
(DBN)

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Autos:

GM should not benefit from bankruptcy protection in ignition-switch cases, lawyers claim
(DBN)

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Retailing:

Bankruptcy leads Sports Authority to sue more than 160 suppliers
(DBN)

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Consumer Finance:

Delaware Chancery Court voids ‘unconscionable’ payday loan, awards borrower damages
(DBN)

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Corporate Reform:

Congressman Apologizes To Banks For Waterboarding Them With Dodd-Frank… Literally
(DBN)

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Trucking:

Port Trucker Files for Bankruptcy Protection
(DBN)

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Aviation:

In re Avantair: Is My Airplane Now Yours?
(DBN)

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Student Debt:

Increased Scrutiny On “Auto-Defaults”— Road To Enforcement Or Impetus For Change?
(DBN)

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Bankruptcy Crimes:

Burlington man sentenced to 2 years for bankruptcy fraud
(DBN)

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Sports:

CSN Houston can continue suit against Comcast, judge rules
(DBN)

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Banking:

FDIC’s Thomas Hoenig: Verdicts on Banks’ ‘Living Wills’ Coming in Weeks
(DBN)

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Distressed Investing:

Stone Energy, Halcon, iHeart, Azure Join LCD’s Restructuring Watchlist
(DBN)

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Defaults:

Leveraged Loan Default Rate Expected To Rise, Though Only Modestly
(DBN)

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Pharma:

Valeant a bitter pill for its creditors
(DBN)

Valeant lenders to prepare tough demands for default talks – sources
(DBN)

S&P Warns It May Cut Valeant Credit Ratings Deeper Into Junk
(DBN)

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Sovereigns:

Lower House passes holdouts bill
(DBN)

Judge Griesa sends strong message of support for Argentina
(DBN)

IMF's new debt rules not vulture-proof
(DBN)

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UK:

KPMG's Burlison moves to Lazard Lazard Adds KPMG’s Burlison for Restructuring in Commodity Slump
(DBN)

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PIIGS:

Spain's Abengoa may need more time to seal restructuring plan
(DBN)

Abengoa Lines Up $1.7 Billion From Funds Led by KKR, Oak Hill
(DBN)

Abengoa says will have debt of 4.9 bln euros after restructuring
(DBN)

A Journey Across Greece, a Bankrupt Land at Risk of Becoming a Refugee Prison
(DBN

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Brazil:

Brazil’s Crushing Debt Loads Are Leading to a Restructuring Boom
(DBN)

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India:

India’s Insolvency and Bankruptcy Code 2015
(DBN)

Heineken eyes control of indebted Indian tycoon's brewery
(DBN)

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