May 24, 2016

The Daily Bankruptcy News

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Law:

Why Big Law Firms Are Succeeding in a Buyer’s Market
(DBN)

NY To $190K: An Addendum On Leverage
(DBN)

‘Super lawyers’ and ‘rising stars’ are warned about accolade advertising
(DBN)

Mid-Tier Law Firms Took a Hit in 2015 The 2016 Am Law 200: Revenue Swirling Down The Drain
(DBN)

Attractive Women Are Not A Protected Class Under Employment Laws
(DBN)

Courts rule against lawyers' block-billing practice
(DBN)

Bankruptcy Lawyer: Overcoming Fear And Self-Doubt
(DBN)

Firms Offer More Parental Leave, But Will Associates Take It?
(DBN)

Suit claims firm charged client a higher billing rate than credited internally, affecting bonuses
(DBN)

Coming and Going Concerns
(DBN)

A Big Settlement Pays Off for Schiff Hardin
(DBN)

New Chair Named at Katten Muchin
(DBN)

Hunton & Williams Looking at London Merger
(DBN)

3 Top Priorities for This Big Law Firm
(DBN)

The 2016 ATL Top 50 Law School Rankings: Make Law School Great Again
(DBN)

David Letterman's Strange Bearded Behavior ... Retirement has ruined his self-esteem
(DBN)

Battle Over Service Dog At Law School Graduation
(DBN)

3 Epic Humblebrags!
(DBN)

Columbia law professor shreds the 'don't ask, don't tell' code of insider trading in NYT op-ed
(DBN)

BigLaw firm embraces equitable parental leave policy
(DBN)

Boies Schiller Boosts its Trial Ranks with Former Prosecutor Chance to work on ‘biggest disputes in trial work’ lures small litigation boutique to Boies Schiller
(DBN)

International Lawyer Gathering in Cuba Abruptly Canceled Blocked by Cuban officials, planned Havana meeting of global bar group suddenly shifts to Miami
(DBN)

The Miscarriage of Justice Department
(DBN)

These hidden features will make your iPhone so much better Next year's iPhone will have a much nicer screen Next Year's iPhone Will Have a Never-Before-Seen Feature
(DBN)

12 ways to become a charismatic leader
(DBN)

10 NYC Restaurants You Didn’t Know Delivered To Your Desk In Minutes
(DBN)

4 big mistakes guys make with their business attire, according to a menswear expert
(DBN)

Oklahoma Lawmakers Introduce Religious Rights ‘Bathroom Law’ Bill
(DBN)

Court Voids Death Sentence From All-White Jury
(DBN)

A police officer was just found not guilty of all charges surrounding a black man's death that sparked riots across Baltimore Once again, a police officer has been found not guilty in a notorious US brutality case
(DBN)

Murder trial for 'Shield' actor begins in Los Angeles
(DBN)

FBI Now Investigating Virginia Governor Who Replaced the Virginia Governor Convicted of Corruption FBI Investigates Virginia Governor's Campaign Contributions
(DBN)

Law firm loses bid to hold banks accountable for its $287K loss in cashier’s check fraud
(DBN)

Tom Brady and NFL players union seek 2nd Circuit en banc rehearing of Deflategate ruling
(DBN)

Man held hostage by 3 jail escapees sues for share of $200K in reward money
(DBN)

Failing At The Perfect Crime
(DBN)

Restaurant owner guilty of manslaughter in allergy death
(DBN)

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Judges:

Who Knew Ruth Bader Ginsburg’s Son Is Revolutionizing World Music?
(DBN)

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Wall Street:

U.S. stock futures rise, putting Dow on pace to recover
(DBN)

Stocks Go Nowhere: Here's what you need to know
(DBN)

When M&A Music Stops, These Banks Won’t Have Chairs
(DBN)

7 unmistakable signs that a bear market is approaching
(DBN)

It’s the end of Goldman Sachs as we know it
(DBN)

This brutal chart puts you at the heart of Wall Street's pain
(DBN)

Wall Street's shrinking workforce in one chart
(DBN)

What’s next for the longest stock market correction in history?
(DBN)

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Layoffs:

J.P. Morgan Private Bank Lays Off Nearly 100 Employees
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Celebs:

Law, truth and Sam Wyly — the world of bankruptcy according to Judge Barbara Houser
(DBN)

Court hears case against Rubashkin appeal
(DBN)

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Electricity:

Energy Future Contemplates Possible Competing Chapter 11 Plan
(DBN)

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Coal:

Peabody files suit against secured creditor
(DBN)

Australian banks caught in Peabody legal action
(DBN)

W. Virginia AG predicts coal “comeback” if victorious in clean power plan suit
(DBN)

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Consultants:

Ankura adds four hires to turnaround and restructuring practice
(DBN)

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Politics:

Clinton: Don't let Donald Trump bankrupt the country like he did his casinos 'How could anybody lose money running a casino? Really!' Hillary Clinton Still Favored Despite Donald Trump Erasing Poll Gap Hillary Clinton’s Complicated Path to the Center Why all the Hillary haters?
(DBN)

Clinton hits Trump for string of casino bankruptcies What Trump Supporters Get Right This is what's fueling Donald Trump's recent surge in the polls Paul Ryan Won’t Be Putting Money on a Donald Trump Win Trump has called climate change a ‘hoax’ — but wants to build a wall to keep out rising seas threatening his resort Global Warming Exists Only On a Small Slice of Beachfront Property Owned By Donald Trump Donald Trump unveils creepy-sounding Instagram attack ad targeting Bill Clinton Trump's Best Idea Yet Trump economics would ' bankrupt America', says Clinton
(DBN)

Bernie Sanders Does Better vs. Trump? Wouldn’t Be Prudent to Assume That Sanders calls for path to citizenship for Mexicans Bernie Sanders just won an unusual concession from the Democratic Party amid rising tensions Sanders: The Democratic convention could get 'messy'
(DBN)

John Oliver explains America's horrible, no-good presidential primary system
(DBN)

What the Polls Are Telling Us Right Now
(DBN)

Who Are the Real Republicans Now?
(DBN)

Can Elizabeth Warren broker peace between Hillary Clinton and Bernie Sanders? Elizabeth Warren Blasts Donald Trump In Commencement Speech Elizabeth Warren Wants To Turn Labor Protection Back A Century And That's Fine, Just Great Harry Reid on Elizabeth Warren serving as Hillary Clinton's VP: 'Hell no'
(DBN)

A conspiracy theory-loving Texas candidate might be unstoppable
(DBN)

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Fraud:

Civil Antitrust Suits Reinstated Against Banks in Libor Case
(DBN)

The SEC is investigating Deutsche Bank
(DBN)

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Personal Finance:

17 annoying things job candidates do that make hiring managers not like them
(DBN)

5 things you didn't know you could negotiate
(DBN)

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Celebs:

Lawsuits Gone Wild: Francis Still Fighting Back Against Foreclosure
(DBN)

Bill O’Reilly Plans to Sue Ex-Wife for $10 Million, Accuses Her of Cheating
(DBN)

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Art:

Millions of dollars and dozens of works diverted in Ace Gallery bankruptcy case, accountant finds
(DBN)

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Economy:

It Hasn't Been This Easy for the World to Service Its Debt Since Lehman Collapsed
(DBN)

Goldman Economists Take New Tack on Handicapping the Fed Goldman Sachs on Rate Hike Odds: 35% in June, 35% in July
(DBN)

The Atlanta Fed and billionaire hedge fund manager Paul Singer are worried about the same thing
(DBN)

US is Basically at Full Employment
(DBN)

Where American Factories’ Gears Are Stuck
(DBN)

The vast majority of $22.8 trillion in US corporate stock won’t be taxed
(DBN)

The Class Of 2016 Is In For A Nasty Surprise
(DBN)

Global investment banks see 'slowest start to the year' since financial crisis
(DBN)

Dear Grads, You Need a P&L
(DBN)

People just aren't saving enough — and that's a threat to the American Dream
(DBN)

It’s Not the Economy, Stupid
(DBN)

Helicopter money would actually work
(DBN)

Explainer: How Rich Got Rich, Poor Got Poorer
(DBN)

America's low-wage workers are making a comeback
(DBN)

Retail Earnings Say Less and Less About U.S. Economy
(DBN)

The Only 3 States Where Retirees Actually Have Enough Money
(DBN)

How the West Got So Rich
(DBN)

Millionaire Grocery Clerks: The Amazing WinCo Foods Story
(DBN)

Here's what people your age earn in the US
(DBN)

The Private Sector Should Help Us Respond to Global Crises
(DBN)

Sweden pays parents for having kids — and it reaps huge benefits. Why doesn't the US? This one thing will make household formation jump, San Francisco Fed researcher says
(DBN)

Former Sen. Levin criticizes Lew over corporate secrecy, foreign taxes
(DBN)

Yields inch up on Fed rate hike talk; stocks flat
(DBN)

The world is undergoing a global humanitarian crisis
(DBN)

Millennials want the reward without the risk
(DBN)

Morgan Stanley: The pillars supporting emerging markets 'seem to be crumbling'
(DBN)

US Debt Clock
(DBN

World Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Bank of America Penalty Thrown Out in Crisis-Era 'Hustle' Case
(DBN)

Here’s how much harder it is for people without college degrees to buy a home
(DBN)

Far Fewer Low Credit Score Applicants Than Before Housing Crisis
(DBN)

Dallas real estate market is going wild as homes are snapped up in days
(DBN)

Retail landlords ' prospects dimming
(DBN)

Countrywide Mortgage Hustle Turns Out Not to Be Fraud
(DBN)

Toll Brothers profit jumps in second quarter, beating views
(DBN)

These will be the up-and-coming neighborhoods in 30 major US cities in 2016
(DBN)

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Municipalities:

Bankruptcy and the Case for Puerto Rico's Independence
(DBN)

Bernie Sanders leads liberals’ fight against Puerto Rico rescue bill Sanders rejects deal on Puerto Rico, offers alternative
(DBN)

Dentons - Revised Puerto Rico Bill (PROMESA) Introduced: Reflects an Agreement between House Speaker Paul Ryan and the White House (HR 5278) -- Legislation Would Establish Puerto Rico Oversight Board and Special Restructuring Laws
(DBN)

Puerto Rico unveils budget that includes $200M debt payment
(DBN)

AFL-CIO Seeks SEC Probe of Mutual Fund Firms on Puerto Rico
(DBN)

Puerto Rico Governor Says Budget Will Omit Bond Payments
(DBN)

Deal reached to keep Atlantic City from running out of cash Plan to save Atlantic City gets first OK Atlantic City Rescue Compromise Reached by N.J. Lawmakers Atlantic City Gets Lifeline
(DBN)

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Oil/Gas:

Crude Falls as Canada to Resume Oil -Sands Output After Fires
(DBN)

Oil slides for fourth straight day Oil Heads Lower As Supply Concerns Abate Here's a sign oil prices could be close to the top
(DBN)

Year-over-year Change in Oil Prices
(DBN)

US Remained Top Petroleum, Natural Gas Producer In The World In 2015
(DBN)

Sad reasons to be optimistic about oil rally
(DBN)

One chart from Goldman Sachs shows why the oil industry is trapped Supply pressures ease to pull oil prices lower
(DBN)

Fitch: Bankrupt E&P Companies Less Likely to Seek DIPs; Distressed Investors Wait Out Volatility
(DBN)

Oil Industry Maintains Country Club Culture During Downturn
(DBN)

Ex-Magnum Hunter CEO sees big opportunity in small oil deals
(DBN)

Baytex Energy Is Running On Cash Flow Fumes
(DBN)

Oil Investor Zukerman Dodged $45 Million in Taxes, U.S. Says
(DBN)

More job cuts 'likely' for oil and gas sector
(DBN)

For Oil's Future, See Schlumberger
(DBN)

The 'black swan event' that could send oil to $25 a barrel
(DBN)

Oil Discoveries Have Shrunk to a Six-Decade Low
(DBN)

BP's Oil Search Strategy Shrinks With Budget Cuts: Report
(DBN)

Oil got you down? That's no reason to avoid energy stock, experts say
(DBN)

E&P Bankruptcies On The Rise, But There Are Plenty Of Buying Opportunities
(DBN)

Lack Of Oil & Gas Takeovers Is Bearish Signal For O&G Prices
(DBN)

Summit Holdings Files Ch. 11 in SD TX Summit Energy Services
(DBN)

BP Setback in Largest Unexplored Oil Field
(DBN)

North Dakota rig count low sets new record
(DBN)

Fitch Says Recent E&P Bankruptcies Push Default Rate to Record 27%
(DBN)

Hedge-Fund Star Kyle Bass Slips on Oil
(DBN)

The oil market's biggest problem is still far from solved
(DBN)

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Retailing:

Aeropostale Shareholder Eyes Claims Against Sycamore
(DBN)

Abercrombie & Fitch is facing a terrifying reality about its most loyal customers
(DBN)

All 460 Sports Authority stores are closing — here’s when clearance sales begin
(DBN)

We went to Banana Republic and saw why sales are plummeting
(DBN)

Consumers have a new mindset about clothes — and it's bad news for Macy's, Kohl's, and JCPenney
(DBN)

Sports Authority shutting down with giant going-out-of-business sale
(DBN)

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Art:

Ace Gallery Fires Doug Chrismas
(DBN)

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Electricity:

Energy Future restarts bankruptcy process after failed Oncor deal
(DBN)

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Alternative Finance:

LendingClub's Unlikely Knight
(DBN)

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Newspapers:

From Newspapers To Biotech? Turnaround Plan For Owner Of LA Times, Chicago Tribune Doesn't Add Up
(DBN)

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New Bankruptcy Opinions
(8 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (34 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (17 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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Immunity:

Tribal Immunity Protects The Navajo Times Against Bankruptcy Strong Arm Action
(DBN)

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Discharge:

Supreme Court Deals a Blow to Debtors by Adopting an Expansive View of “Actual Fraud”
(DBN)

The Case of Actually Actual Fraud
(DBN)

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Bankruptcy Rules:

Take Notice of This Change: Supreme Court Adopts Recommended Amendments to Bankruptcy Notice of Payment Change Rule
(DBN)

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Appeals:

Court Refuses to Apply “Divestiture Doctrine” in Denying Creditors’ Committee Stay Pending Appeal
(DBN)

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Bankruptcy Prediction:

Abnormal Trading Behavior of Specific Types of Institutional Shareholders Before Firm Bankruptcy and its Ramifications for Firm Bankruptcy Prediction
(DBN)

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Healthcare:

The VA Secretary compared veterans’ waits for care to ride waits at Disney
(DBN)

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CROs:

When It's Time to Hire a Chief Restructuring Officer
(DBN)

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Mass Torts:

NFL slammed by Congress' concussion report NFL 'improperly attempted to influence' concussion research
(DBN)

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Environmental:

Freedom’s Southern gets travel approval
(DBN)

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Banking:

This Case Against the Big Banks Could Bankrupt Citi and Chase This Libor Case Is Important, It Could Bankrupt The World's 16 Biggest Banks
(DBN)

Banks Must Defend Libor Lawsuits After Judges Warn of Impact
(DBN)

Deutsche Bank Credit Rating Cut by Moody’s on Overhaul Struggle 2 notches above junk
(DBN)

Swiss bank BSI is facing a criminal probe for its dealings with Malaysia's 1MDB
(DBN)

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Paper:

Verso posts $110 million operating loss
(DBN)

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Corporate Reform:

The Occupy movement has grown up — and looks to inflict real pain on big banks
(DBN)

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Travel:

TSA Security Head Canned
(DBN)

Ticket Fees Should go to TSA to End Gridlock
(DBN)

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Non-Profits:

Assets Held by Charitable Organizations Are Safe From Claims of Creditors in Bankruptcy Cases . . . Or Are They?
(DBN)

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Religion:

Duluth diocese abuse claims mount ahead of Wednesday deadline
(DBN)

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Autos:

Germany May Ban Fiat Sales Over Emissions
(DBN)

Germany: Opel Gets Away with Cheating.....
(DBN)

VW to Provide Update on Emission Talks
(DBN)

BofA: Tesla Stock is About to Crash
(DBN)

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Distressed Investing:

Frowning on Risk, Issuers and Sponsors Have Been Privately Placing 2nd-Lien Loans
(DBN)

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UK:

U.K. Treasury Says EU Exit Could Cause Recession
(DBN)

Goldman Sachs banker flagged BHS suitor had history of bankruptcy Sir Philip Green's Arcadia group 'was advised' of BHS buyer's bankruptcy issues KPMG 'raised concerns' about BHS sale Goldman Sachs' evidence on BHS shows why you want them in your corner
(DBN)

ICAEW to offer partial licenses for insolvency practitioners
(DBN)

Manufacturing sector's insolvency risk falls - R3
(DBN)

Tata Steel whittles down list of bidders for UK assets
(DBN)

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EU:

German economic sentiment unexpectedly drops in May
(DBN)

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PIIGS:

IMF Increases 2016 and 2017 Growth Forecasts for Italy Eurozone debt crisis isn’t Italy’s biggest worry
(DBN)

IMF Calls for 'Unconditional' Debt Relief for Greece IMF staff report says Greece needs revised fiscal, growth targets Euro Area Confronts Greek Debt Spiral With IMF Demanding Action
(DBN)

Former Greek Finance Minister: How I dealt with stress when Greece nearly defaulted
(DBN)

Dressed to Protest: Greek anger spreads to middle class
(DBN)

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Canada:

Alberta’s Oil and Gas Licensing Regime Found to be Unconstitutional
(DBN)

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MENA:

Emperor Bibi Fiddles While Israeli Economy Burns
(DBN)

UAE needs to end imprisonment for bankruptcy
(DBN)

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Venezuela:

The Collapse of Chavez’s Venezuela
(DBN)

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India:

Is India’s New Bankruptcy Law a Game Changer?
(DBN)

Government aims to make bankruptcy law operational by end of FY17
(DBN)

As bankruptcy law comes into effect, companies continue to line up at BIFR
(DBN)

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China:

‘Massive Bailout’ Needed in Debt-Saddled China, Analyst Chu Says
(DBN)

Look Closer: 57% of China AAA Bond Issuers Have Junk-Like Risks
(DBN)

China's hottest startup is flatlining
(DBN)

The latest scary China chart: This financial sector’s boom could end with a bust
(DBN)

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Brazil:

Brazil Crisis Worsens with Leaked Tape
(DBN)

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