March 21, 2016

The Daily Bankruptcy News

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Law:

Nationwide Layoff Watch: Another Biglaw Firm Kicks Associates To The Curb
(DBN)

2017 U.S News Law School Rankings: Average Student Debt
(DBN)

Along with the Churn, ‘Pockets of Greatness’ at Cadwalader
(DBN)

Law Firms Must Focus on Profits, Not Revenues
(DBN)

Lawyers & Blackberry Moments
(DBN)

Evolving Standards Of Bar Passage Expectations
(DBN)

ABA Says New 75% Bar Passage Requirement Is Not Attempt 'To Play Jack Welch, Forcing Law Schools To Fire 10% Of Their People Each Year'
(DBN)

Jury Rejects Unsuccessful Faculty Applicant's Age Discrimination Lawsuit Against Iowa Law School
(DBN)

Law School Offers Students An Amazing Opportunity — To Bag Groceries
(DBN)

Well-respected professor predicts a top law school will close soon, and 'we may never see it coming'
(DBN)

Minority women make slight gain in partner promotions; will minority gender imbalance shift?
(DBN)

Does Competition Make You A Better Lawyer?
(DBN)

Lawyer-Client Relationships: Healthy Or Tinder?
(DBN)

How Practicing Abroad Taught Me To Adapt
(DBN)

Former UC-Berkeley Dean Obtained Appointment Of Provost To Law School Faculty While Provost Was Investigating Harassment Claim Against Him
(DBN)

Cybersecurity experts offer stern warnings, tips for security in mass-surveillance era
(DBN)

Can small firms thrive in a tough competitive environment?
(DBN)

Hulk Hogan verdict raises crucial privacy issues in the digital age Transcripts of three Hogan s-- tapes reveal sordid details Gawker could still win Hulk Hogan suit despite verdict Let Me Tell You Something Brother, The Hulk Hogan Victory Is Going To Be Reversed On Appeal Husband cheered on Hogan during s**-tape romps with wife
(DBN)

When Disobeying the Senate Can Land You in Court
(DBN)

Louisiana, Where the Poor Don't Have Lawyers
(DBN)

Attorney faces felony case, accused of punching police officer during courthouse argument
(DBN)

Is This The Beginning Of The End For Grand Juries
(DBN)

Rich people are paying lawyers to get truthful stories deleted from the internet
(DBN)

Legal assistant who deposited $300K in law firm payments to own account takes mail fraud plea
(DBN)

Judge nixes rare murder case against a corporation
(DBN)

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Judges:

Why Does Judge Merrick Garland Hate Bankruptcy Law So Much?
(DBN)

How Locking Up Judges Could End Debtors' Prisons
(DBN)

Obama’s Successor Will Likely Fill Dozens of Judicial Vacancies
(DBN)

Fact Check: Senate Democrats "have never held up a Supreme Court nomination."
(DBN)

Obama Warns of SCOTUS Consequences
(DBN)

GOP’s Mark Kirk Says Senate Should ‘Man Up’ and Vote on Court Nominee
(DBN)

Reid: Opposition to Garland Showing Cracks
(DBN)

Will Merrick Garland continue to hear appeals while nomination is pending?
(DBN)

What do Merrick Garland’s financial reports reveal?
(DBN)

What Sort of Writer Is Merrick Garland? Seven Clues
(DBN)

Here's the evidence that suggests Obama's Supreme Court pick isn't really that liberal Garland would move Supreme Court to left, but how far? Where Merrick Garland Stands: A Close Look at His Judicial Record
(DBN)

Kasich: I Would Consider Nominating Merrick Garland Myself John Kasich Says Republicans Should Meet With Obama’s Supreme Court Nominee Kasich Walks Back Garland Comment
(DBN)

Fact Check: Merrick Garland "voted, so the folks know, in Washington, D.C., to keep guns away from private citizens."
(DBN)

Garland Nomination the Latest Move in Democrats’ Game of Thrones
(DBN)

Fact Check: "Six justices" on the U.S. Supreme Court have been "confirmed in presidential election years since 1912."
(DBN)

Shun a President's Supreme Court Nominee? Alexander Hamilton Would Not Be Pleased | Brennan Center for Justice
(DBN)

Ohio and Republican Opposition to Obama’s Supreme Court Nominee
(DBN)

The Supreme Court Emoji Challenge
(DBN)

Judge Garland’s Career in Dissent The respectful disagreements of Judge Merrick Garland Judge Garland’s Inconsistent Deference
(DBN)

Do Republicans really think Donald Trump will make a good Supreme Court choice?
(DBN)

What’s a court visitor to do with a banned cellphone? Storage lockers are being eliminated
(DBN)

Is online dispute resolution the wave of the future?
(DBN)

What Is Obviously Wrong With the Federal Judiciary, Yet Eminently Curable, Part I
(DBN)

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Wall Street:

U.S. stock futures rise as investors try to shake off lower oil prices
(DBN)

Dow books longest winning streak in 5 months Dow, S&P end green for 2016
(DBN)

Wall Street eyes oil in shortened trading week
(DBN)

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Layoffs:

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Coal:

Corporate coal hub of St. Louis faces more big bankruptcies
(DBN)

As Coal’s Future Grows Murkier, Banks Pull Financing
(DBN)

Australian takeover drags Peabody near bankruptcy
(DBN)

Cloud Peak Energy Will Not Benefit From Peabody's Bankruptcy
(DBN)

Shares of Peabody Energy Corporation Drop by -61.83%
(DBN)

Lawyer Tormenting Scientists Revealed Working for Coal Company
(DBN)

End coal's self-bonding scam
(DBN)

Don't stick taxpayers with Peabody's bills
(DBN)

S&P says Foresight defaults on bond payment
(DBN)

Coal Industry Offers A Way To Bet On The Election
(DBN)

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Religion:

Bankruptcy tests Christ's Household of Faith in St. Paul
(DBN)

All the Things the Bible Wants to Execute You For
(DBN)

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Student Debt:

A right to debt relief for American students
(DBN)

The Missing Auto Loan Crisis Says Volumes About Student Loan Crisis
(DBN)

$121B in student loans are in default across U.S.
(DBN)

The student loan bubble is starting to burst
(DBN)

Navient: The Perfect Short
(DBN)

Soon Your Employer May Pay Back Your Student Debt
(DBN)

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Tech:

Apple’s Former Supplier GT Advanced Survives Bankruptcy
(DBN)

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Lehman:

Lehman employees lose appeal over stock losses from bankruptcy Court Rejects Lehman Employees’ Appeal Against Ex-CEO
(DBN)

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Hollywood:

Relativity wins approval for bankruptcy exit Relativity Emerges From Bankruptcy, Judge Rules It’s Met Conditions Relativity Media's Bankruptcy Comes to a Close Relativity Media, Studio, Exits Bankruptcy After Last-Minute Financing
(DBN)

Bad Plot: Zach Galifianakis, Kristen Wiig and a $38.5 Million Loan Stuck in Bankruptcy
(DBN)

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Gambling:

Caesars Entertainment Corp Careens Closer to Bankruptcy
(DBN)

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Politics:

The Big Short Fingered Vulgarian Secret GOP Plan to Stop Trump Forever :) A New Theory of Trump Chris Christie Says Donald Trump Didn’t Mean ‘Literal Riots’ Trump’s Path to White House May Include Detour on Witness Stand Donald Trump Owes At Least $250 Million to Banks The Electoral College Could Still Stop Trump Experts: Trump Could Give House to Dems The Donald hits back at Warren Donald Trump Says He Wants to Go To Court in the Trump University Lawsuit—But His Lawyers Don't
(DBN)

What Happens to the Withdrawn Republican Candidates’ Delegates?
(DBN)

Even Barney Frank Thinks Bernie’s Evil Wall Street Act Needs Work
(DBN)

Elizabeth Warren still won’t endorse Hillary Clinton—and maybe this story is why
(DBN)

Bernie Sanders and Elizabeth Warren are going after activist hedge funds
(DBN)

Planned Parenthood defund bill cites dentists as reproductive care alternative
(DBN)

Paul Ryan's Budget Tearing the GOP Apart
(DBN)

We are witnessing the rise of global authoritarianism on a chilling scale
(DBN)

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Taxis:

Uber drivers' next stop: Bankruptcy ?
(DBN)

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Amusement Parks:

Is Conneaut Lake Park court fight worth the cost? About $600,000 has been spent so far on legal fees
(DBN)

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Economy:

Fewer Americans Got Hired or Quit Their Jobs in January
(DBN)

Manufacturing Jobs are Never Coming Back
(DBN)

Here's how America's middle class stacks up against the rest of the world's
(DBN)

Fed's Lacker says he is confident inflation will return to 2 pct
(DBN)

U.S. Companies, Try This: Raise Your Minimum Pay
(DBN)

The Boomtown Economy
(DBN)

Top Economic Issue for Working Women? Equal Pay, Union Survey Says
(DBN)

Half of U.S. May Endure ‘Lost Decade’ of Depressed Employment
(DBN)

Big Rig Truck Orders Fall Again in February
(DBN)

How to Get People to Delay Retirement
(DBN)

It’s Time to Rethink the Bucket-List Retirement
(DBN)

When Older People Do Better Than Those of Working Age
(DBN)

Trump, Elizabeth Warren Threaten U.S. Economy, Chamber CEO Says
(DBN)

US Debt Clock
(DBN

World Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Riverside Plaza developer files bankruptcy
(DBN)

Miami Bankruptcy Judge Sides With Homeowner Facing Foreclosure
(DBN)

Sports Authority Closures to Impact 25 CMBS Loans
(DBN)

MGM, Dubai World Sell Las Vegas Mall to Simon, Invesco for $1.1 Billion
(DBN)

The top 10 cities attracting Millennial mortgage applications
(DBN)

California property report: Median house price falls 2.3%
(DBN)

This Problem Is Shutting the Door on Many Would-Be Home Buyers
(DBN)

Here's how the housing crisis has been brutal on Millennials
(DBN)

BlackRock's Rieder Sees Opportunity in Commercial Mortgage Debt
(DBN)

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Municipalities:

Scalia, Alito Court Absences Shape Puerto Rico Debt-Relief Bid
(DBN)

Puerto Rico political leader calls for debt moratorium
(DBN)

Puerto Rico Debt Crises: Why is It Essential to Freeze Lawsuits?
(DBN)

Puerto Ricans, Reframed
(DBN)

Scalia's death may hurt Puerto Rico's debt restructuring plans
(DBN)

Closing time for Puerto Rico
(DBN)

Hatch Blasts Democrats Over Unworkable Puerto Rico Proposals
(DBN)

Don't let a fiscal control board haircut Puerto Rico's debt
(DBN)

Turning Puerto Rico Into the Walking Dead
(DBN)

Bill To Allow PR Bankruptcy Introduced
(DBN)

Republicans Struggle to Meet Own Deadline on Puerto Rico Bill
(DBN)

Michigan residents favor helping Detroit schools pay debt
(DBN)

Disagreement Over AC Takeover Bill
(DBN)

Bankruptcy is the best solution for Atlantic City
(DBN)

Chief financial officer hired by Stockton
(DBN)

If county can't resolve $59 million debt, emergency manager may take over
(DBN)

Gov. Snyder needs an emergency manager Snyder: No immediate changes to emergency manager law Snyder 'open' to improving emergency manager law Gov. Snyder concedes Flint water was failure of emergency manager system
(DBN)

Study Finds Public Pension Promises Exceed Ability to Pay
(DBN)

Where Are the American Cities That Aren't Struggling?
(DBN)

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Healthcare:

Presence Health CEO tending to ailing hospital chain
(DBN)

Pontiac General undergoing rebirth after second bankruptcy in six years Pontiac General Hospital's health history 24-year-old leads efforts at hospital Med school ties aid Pontiac hospital's turnaround
(DBN)

San Diego Hospice could have been saved
(DBN)

Survey: Consumers Report Reasonable Healthcare Costs, But Increasing Burdens Over Time
(DBN)

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Newspapers:

Orange County Register owner plans to accept Digital First Media bid for newspapers O.C. Register to be sold to lower bidder Tribune's Court Hurdle on Papers Spurs Freedom to Pick New Buyer Tribune’s Antitrust Battle Highlights a Changing Media Landscape Feds wrong to block Orange County Register sale
(DBN)

Newspaper giants in California are in a multimillion-dollar fight for survival
(DBN)

Judge temporarily halts Tribune bid for California papers Orange County Register’s Owner Drops Tribune Bid for Digital First Tribune: Concern over bid for California papers 'antiquated' Seriously, Justice Has To Change Its Definition Of A Monopoly
(DBN)

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Oil/Gas:

Crude prices fall from 2016 highs as US oil rig count rises US oil drillers add one rig after 12 weeks of cuts Despite Fundamentals, Oil Surges Above $40 Don't Trust the Oil Price Rebound Saudi Arabia Won't Let Oil Prices Stay Over $40
(DBN)

IEA: If oil keeps rising, some marginal U.S. production could be “switched back on”
(DBN)

What Happens When Oil Hits $50?
(DBN)

An Output Freeze Is Still The Big Red-Herring For Oil
(DBN)

Bankruptcy filings aren't likely to cause recession
(DBN)

Unexpected Threat to Our Economic Growth
(DBN)

Linn Energy faces down bankruptcy Vanguard Natural Resources: A Potential Linn Energy Bankruptcy Is A Major Risk Factor Why Did Linn Energy Close Down Over 20%?
(DBN)

California Oil driller Venoco files bankruptcy after spill Venoco bankruptcy filing linked to Refugio oil spill
(DBN)

Maersk Drilling CEO Ready to Buy Used Rigs In Pricing Rejig
(DBN)

Magnum Hunter Learns From Sabine Ruling
(DBN)

One Energy Industry Lifeline May Be Running Out of Steam
(DBN)

Debt deadlines loom for firms
(DBN)

Texcal Energy LLC files for chapter 11 bankruptcy protection
(DBN)

Petrobras selling oil, gas fields worth up to $2.7b, Business News & Top Stories
(DBN)

Terra Energy Corp. Announces Demand by Lender to Repay Outstanding Indebtedness and Notice of Intention to Enforce Security, Employment Terminations and Shut-in of Production
(DBN)

Chesapeake Energy Corporation Considers Another Tactic to Address Looming Debt Maturities
(DBN)

Natural gas industry could dwindle without LNG facilities
(DBN)

Energy and materials companies put gloom in capital expenditure outlook
(DBN)

Struggling U.S. oil and gas companies eye rare financing deals
(DBN)

Where U.S. Jobs Have Fallen Along With Energy Prices
(DBN)

Boom or bust, courts remain busy in North Dakota oil patch With big oil spurned, is the fun done in Williston?
(DBN)

Alaska's oil industry could decline just like coal
(DBN)

As US Oil Industry Jobs Decline, Undergraduates Are Ditching Petroleum Engineering Degrees
(DBN)

'Orphan' wells left behind in oil slump
(DBN)

____________

Pharma:

Valeant's Unnatural Natural Death Valeant Works With Lenders to Find Ways to Waive Default Valeant Seeks Lender List of Demands for Waiving Default Valeant shares off another 8% Friday How Analysts View Valeant After an Earnings Catastrophe This Valeant Investor Is In Even Bigger Trouble than Bill Ackman 2 Wall Street celebrities fall Valeant Write-Downs Next? Valeant's Default: Setting The Record Straight Five Lessons Big Pharma Should Learn From Valeant's Collapse Valeant approaches lenders Loan Buyers Stick With Valeant
(DBN)

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Mass Torts:

EnPro reaches $480M proposed asbestos settlement
(DBN)

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Autos:

No, Tesla Motors Isn't Going Bankrupt in 6 Months
(DBN)

Auto Supplier Lear in Talks to Return Jobs to Detroit
(DBN)

Mounting Fears in Subprime Auto Lending Recall ’90s-Era Bubble
(DBN)

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Retailing:

Sears Reaches Pension Plan Deal With PBGC
(DBN)

Tilly's: What Stems The Decline?
(DBN)

Aeropostale falls out with former BFF Sycamore Partners Top Backer Becomes Frenemy Sycamore in Salvage Mode Aeropostale Loss Widens , To Explore Strategic Options The clock is ticking on Aeropostale Aeropostale Looks Out Of Options
(DBN)

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Financial Advisers:

CFP Board Discloses Bankruptcies By CFP® Professionals
(DBN)

Lightyear Agrees It Won't Poach Cetera Execs
(DBN)

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Metals:

Horsehead Holding Assets Will Soon Go Up For Auction
(DBN)

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Education:

How a For-Profit College Targeted the Homeless and Kids With Low Self-Esteem
(DBN)

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Baseball:

Adelanto to evict High Desert Mavericks from city-owned stadium High Desert Mavericks owner says eviction is baseless, violates current contract
(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 (32 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (48 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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Professional Compensation:

Enough With the Fees-on-Fees Already: ASARCO Really Means What It Says
(DBN)

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Miscellaneous:

The Week Ahead
(DBN)

Rozens on Bankruptcies
(DBN)

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IP:

Alleviate the Fear of a License Counterparty Filing for Bankruptcy
(DBN)

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Sales:

Fourth Circuit Finds That Bankruptcy Court Sale Orders Should Be Granted Preclusive Effect
(DBN)

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Discharge:

The Statute of Limitations Defense in Non-Dischargeability Actions
(DBN)

Laches in a Non-Dischargeability Action
(DBN)

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Liens:

Statutory Liens vs. Consensual Liens: Why it Matters and When it may Not
(DBN)

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Recent Pleadings:

Evergreen Creditors Who Want To Sue Skadden Object To Trustee's Request To Hire Someone Else To
(DBN)

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Distressed Investing:

M&A Bankers Saying No to More Junk
(DBN)

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Toll Roads:

Frugal Motorists Test Private Toll Roads
(DBN)

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Celebs:

Broke! Mischa Barton's Monster Momager Files For Bankruptcy
(DBN)

50 Cent to host own variety show Cent: Secret Service Is Asking About 'Prop' Money
(DBN)

American Apparel Asks Judge to Order Charney to Comply With Subpoena
(DBN)

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Corporate Reform:

CFPB Wins Final Judgment in Long-Running Morgan Drexen Battle Court Issues Final Order in CFPB Case Against Debt Relief Company
(DBN)

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Fraud:

‘One of the Largest Frauds in Texas’: Life Partners Trustee Files Rash of Suits
(DBN)

Bankruptcy court eviscerates Madoff trustee's $220m clawback suit for failing to show investor's actual knowledge of fraud
(DBN)

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Personal Finance:

How four people paid off a collective $1 million in debt
(DBN)

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Banking:

Fed's Dudley: We Can't Stop Banks from Failure
(DBN)

BCCI case: Court of Appeal refuses to reopen liquidation proceedings
(DBN)

Here’s how much the big bank CEOs made in 2015
(DBN)

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Awards:

Marc Levinson Named President of American College of Bankruptcy
(DBN)

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Hotels:

Detroit: Roberts Riverwalk Hotel faces insurance settlement dispute, creditor woes
(DBN)

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Shipping:

Creditors of Mercator Lines (Singapore) push for court auction
(DBN)

Hyundai Merchant Marine on Verge of Bankruptcy as Creditors Reject Debt Rescheduling Hyundai Merchant Marine signs debt settlement agreement
(DBN)

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Debt Collection:

Bank of America Hit With Class Action Over Debt Collection Litigation on Securitized Accounts
(DBN)

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Tax:

9 Bizarre Items Seized by the IRS
(DBN)

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Electricity:

Texas PUC Will Soon Rule On Proposed Hunt Buyout Of Oncor
(DBN)

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Sovereigns:

Argentina, creditors agree to $155 million more in default settlement: mediator Argentina reaches agreement with individual creditors Small Argentina creditors say 'frozen out' of settlements
(DBN)

Macri praises lawmakers for 'vultures' bill
(DBN)

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UK:

Whitehall clears change for insolvency practitioners
(DBN)

Troubled Energy Firm Npower To Axe 2,500 Jobs
(DBN)

Shortlist announced for Credit Today Awards 2016
(DBN)

Mee Healthcare backed by Cherie Blair owes creditors more than £5 Million
(DBN)

BHS fights for lifeline to stem decade of decline BHS boss solicits creditor support for CVA
(DBN)

BHS: Fears of administration if landlords reject review BHS 'confident' it has backing of landlords ahead of key vote
(DBN)

Help for troubled energy sector
(DBN)

In oil price plunge, North Sea industry faces perfect storm
(DBN)

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EU:

Is 'helicopter money' moving on to ECB's radar?
(DBN)

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PIIGS:

Abengoa bankruptcy has harsh effects
(DBN)

Abengoa Debt Deal Could Save Company From Freefall
(DBN)

Creditors' Representatives Leave Athens Without Complete Agreement On Pension Reform Creditors Meet For Negotiations During the Weekend
(DBN)

Heads of Greek Bailout Institutions Set to Leave Early
(DBN)

Europe's refugee crisis could wreak havoc with Greece's bailout programme Greek Bailout Tranche Deal Eludes as Refugee Challenge Grows
(DBN)

Catalonia Said to Court Default in Spanish Game of Chicken - Bloomberg Business
(DBN)

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Canada:

Ottawa startup GestureLogic files for bankruptcy protection
(DBN)

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Austria:

German court delays ruling on Austrian Heta case Heta Wins Time as Austria Stalls German Bondholder Cases
(DBN)

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China:

China's Central Bank Chief Sounds Warning Over Rising Debt
(DBN)

China Has a $590 Billion Problem With Unpaid Bills
(DBN)

China Revives Support for Margin Trading That Fueled Boom-Bust
(DBN)

Lessons In Chinese Debt Restructuring: The Debtor Always Wins
(DBN)

Kaisa's debt restructuring plan gains support from over 80 per cent of creditors
(DBN)

As China opens bad debt market, private equity firms step in
(DBN)

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Australian:

Court chases bankrupt murder suspect's lawyers
(DBN)

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Thailand:

US help to be sought in dentist bankruptcy case
(DBN)

Debt fills Thailand's rice bowl
(DBN)

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India:

Diagnosis and cure for India’s sick banks
(DBN)

Here's Why The Pickup in India's Loan Growth Has Few Believers
(DBN)

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Romania:

Romanian power company CE Hunedoara faces imminent bankruptcy
(DBN)

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France:

Casino’s Debt Downgraded to Junk by S&P
(DBN)

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>

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