May 26, 2016

The Daily Bankruptcy News

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Law:

Researchers suspect grit isn’t all it’s cracked up to be
(DBN)

Social Media 11 Times More Effective Than Online Advertising
(DBN)

New Legal App Trolls Social Media For Evidence
(DBN)

NY to 190GB? Robots Will Need To Able To Do More In Order To Replace Human Lawyers
(DBN)

Finally, A Legal Tool Designed With The Needs Of In-House Counsel In Mind
(DBN)

Man Charged In Connection With The Killing Of Dan Markel
(DBN)

Pfizer slashes global legal panel by 25%
(DBN)

Addleshaws’ US merger: “Completely out of the blue”
(DBN)

Linklaters exits continue as Kirkland raids PE team yet again
(DBN)

21st Century Consciousness Raising
(DBN)

BigLaw takes lion's share of M&A market
(DBN)

The Tragic Death Of A Biglaw Firm’s Young Managing Partner Longtime Philadelphia Law Firm Leader Dies at 51
(DBN)

The 20 Best Law Schools For Getting Government And Public Interest Jobs
(DBN)

Ten Most-Cited Faculty in Commercial Law (including contracts and bankruptcy), 2010-2014 (inclusive)
(DBN)

Canaries In The Law School Coal Mine
(DBN)

Chicago Law School Jumps to No. 1 in Full-Time Jobs After Graduation
(DBN)

IT Security vs. Users
(DBN)

Law Firm Libraries Cannot Simply Be A Service… It Must Be A Strategic Partner
(DBN)

5 Tips For Lawyers to Improve Their Professional Development
(DBN)

The Most Offensive Way To Refer To Biglaw Bills
(DBN)

11 states sue feds over new guidelines for restroom and locker room use by transgender individuals The Transgender Bathroom Debate and the Looming Title IX Crisis
(DBN)

Private investigator claims ethical breaches by Casey Anthony lawyer Casey Anthony's Former Lawyer Jose Baez Threatens to Sue Casey Anthony's lawyer admits she killed daughter Caylee, investigator says
(DBN)

Couple must pay $572K, plus possible punitives, in 4-year-old son’s fatal shooting of playmate
(DBN)

Lawyer can appeal sanction order though fine has been paid by her employer, Posner opinion says
(DBN)

Baylor denies rumored ouster of Ken Starr after report on school’s handling of campus sex assaults
(DBN)

Peter Thiel Just Invented Revenge Litigation Finance Peter Thiel Outed as Deep Pocket Behind "Hulk Hogan v Gawker" - Nick Denton Stepped on the Wrong Toe Hulk Hogan, Peter Thiel, and the Future of ‘Revenge’ Lawsuits Billionaire's Backing of Gawker Suit Raises Transparency Concerns
(DBN)

Judge Cries Foul Over a Chicago Law That Favored the Cubs
(DBN)

Portland Police Chief Lied About Shooting Pal
(DBN)

Bundy Brothers Rail About Jail Conditions
(DBN)

Massive Hulk Verdict Against Gawker Upheld
(DBN)

NYPD Cops Pull Sting Operation on Teens Skipping School to Hit the Beach
(DBN)

Absolutely Insane Law Firm Recruiting Pamphlet
(DBN)

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Judges:

Public defender handcuffed in court at judge’s order says she was just doing her job When Handcuffing A Lawyer In Your Courtroom Is The Right Call
(DBN)

Justice Breyer Reveals Information About The Supreme Court’s Remaining Deadlock Decisions
(DBN)

RBG Is First Among Equals . . . At Oral Arguments, That Is
(DBN)

Federal Judge Reamed For Ex Parte Witness Prep
(DBN)

A hundred days later, White House isn’t giving up on replacing Antonin Scalia
(DBN)

How far can a federal judge go to punish lawyers’ ethical misconduct?
(DBN)

______________

Wall Street:

U.S. stock futures catch their breath after Dow’s big 2-day jump
(DBN)

US stocks close higher as oil gain boosts energy stocks
(DBN)

Even With Gains, Investors Have Little Enthusiasm for Stocks
(DBN)

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Layoffs:

Foxconn cuts 60,000 factory jobs and replaces them with robots
(DBN)

Rise of the Machines: Adidas Announces Move Back To Germany To Use Robots As New Labor Force
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Retailing:

Gap's future lies with Bankruptcy Court
(DBN)

Sports Authority Closing Sales to Begin as Soon as This Week
(DBN)

Best Buy is dying slowly
(DBN)

Sears Revenue Declines, Retailer to Explore Deals for Key Brands
(DBN)

____________

Celebs:

Teresa Giudice's bankruptcy case reopened Teresa & Joe Giudice Face More Legal Drama Prison Panic! Teresa Giudice Blindsided After Judge Reopens Case
(DBN)

____________

Shipping:

For Tanker Owners, Shrinking Oil Glut Is Least of Their Worries
(DBN)

Dry Bulk's Troubles Continue
(DBN)

Banks Set To Suffer From Exposure To Troubled Shipbuilders
(DBN)

____________

Autos:

Takata committee in rescue talks with KKR, other investors-sources Takata seeks cash injection after air bag deaths, appoints Lazard to lead restructure Takata Will Restructure, Seek Cash Amid Air-Bag Recalls
(DBN)

____________

Banking:

Bank Bondholders Get Better Protection
(DBN)

Ex-Barclays Trader Had Underlings Do Dirty Work, Lawyer Says
(DBN)

____________

Currency:

Mt. Gox Creditors Seek Trillions Where There Are Only Millions Bankruptcy Trustee completes review of all MtGox claims, status determined
(DBN)

____________

Coal:

The U.S. Coal Industry Is In A Futile War
(DBN)

____________

Fraud:

Citi was fined $425 million for rate manipulation — here are the secret trader transcripts
(DBN)

____________

Radio:

Largest Radio Conglomerate In America Battles Financial Implosion
(DBN)

____________

Gambling:

Christie says North Jersey casino plan 'in big trouble'
(DBN)

The Supreme Court Faces a Different Trump Contest
(DBN)

____________

Tax:

HSF warns of US clampdown on tax evasion in Asia-Pacific
(DBN)

____________


Economy:

Households in Fed Survey Felt Vulnerable Despite Economic Gains
(DBN)

U.S. Household Debt Increases While Consumers’ Repayment Improves
(DBN)

These are the states that are suffering while most of the U.S. booms
(DBN)

The shocking number of Americans who can’t cover a $400 expense
(DBN)

Japan's prime minister is warning world leaders about a 'Lehman-scale crisis'
(DBN)

McDonald's Shuts Its Headquarters as Protesters Rally for $15 an Hour Building robot McDonald's staff 'cheaper' than hiring workers on minimum wage McDonald's ex-CEO: $15/hr minimum wage will unleash the robot rebellion
(DBN)

Delaying Rate Hikes Averted Bigger Slowdown, Fed Economists Say
(DBN)

Corporate America Chases the Mythical Millennial
(DBN)

Chemical Activity Barometer increased in May
(DBN)

What Will Wreck Many Americans Retirement
(DBN)

More Adults Live with Parents Than Partners
(DBN)

Pimco’s Ivascyn Sees ‘More Negative Tilt’ as Global Debt Grows
(DBN)

US Debt Clock
(DBN

World Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

______________

Real Estate:

Lawyerly Lairs: What $500K Buys You In The East Village (Hint: Not Much)
(DBN)

Mortgage Assignments: Assignment of a Mortgage Without the Underlying Note is A Nullity
(DBN)

Table of Distressed Sales and All Cash Sales for Selected Cities in April
(DBN)

MBA: "Purchase Applications Increase and Refis Hold Steady in Latest MBA Weekly Survey"
(DBN)

Chase almost done with RMBS settlement's consumer relief requirement
(DBN)

Shopping-Center Owners Say Stores to Live On Despite Retail Woes
(DBN)

Wells Fargo pays $70M fine to lift enforcement order over mortgage servicing
(DBN)

Zuckerberg to Demolish $30M in Real Estate to Keep Things Private
(DBN)

Home prices are getting out of control in these 18 American markets
(DBN)

____________

Municipalities:

How the Puerto Rico Bill Attacks the Minimum Wage
(DBN)

Puerto Rico clears first hurdle with committee vote Puerto Rico rescue bill advances to full House vote
(DBN)

Charles Rangel: Throw Puerto Rico this lifeline — now
(DBN)

An oversight board can work in Puerto Rico, but not the one in Promesa bill
(DBN)

Puerto Rico Debt Crises: Is PROMESA the Last Hope?
(DBN)

Honor Among Thieves? Puerto Rico Debt Faces Debate by US House
(DBN)

Puerto Rico bill would allow probe into sales of bonds
(DBN)

Christie says Atlantic City deal has authority he needs
(DBN)

IL: Comptroller Leslie Munger: 'We would be bankrupt if we could be'
(DBN)

Other Rust Belt Cities Should Get Grand Bargains, Manhattan Institute Says
(DBN)

____________

Oil/Gas:

Trouble Down the Pipeline? What Sabine Oil & Gas Corp. May Mean For The Midstream Service Sector
(DBN)

Oil Industry Headed for Record Third Straight Year of Cutbacks
(DBN)

E&P Bottom Of The Barrel Club: Livin' On A Prayer
(DBN)

U.S. Oil Supplies Fell More Than Expected, But…
(DBN)

Oil at $50: Where Are Crude Prices Headed Next? Oil Hits ‘Sweet Spot’ at $50, Boosting Producers as Dollar Drops
(DBN)

Why oil jumping above $50 is actually disastrous for crude
(DBN)

Crude supplies to dwindle as drillers cut investment
(DBN)

Oil Chugs Higher But Slips On Gasoline Build
(DBN)

Why Did Saudi Arabia Kill OPEC?
(DBN)

Iran-Saudi Row Threatens Any Oil Deal
(DBN)

Shale Oil Seen Stifling OPEC's Classic Market-Balancing Role
(DBN)

Shale oil industry a 'Ponzi scheme' or can it boom again?
(DBN)

Oil Is the Odd Commodity Out. Is that Bad for Crude?
(DBN)

Shell to cut 2200 more jobs in face of weak oil prices Shell’s Job Losses Now Equal Facebook’s Entire Payroll
(DBN)

The Fed Is Set to Slaughter Debt-Laden U.S. Oil Producers
(DBN)

Emerald Oil Enters Into Stalking Horse Asset Purchase Agreement With CL Energy Opportunity Fund, L.P. and SSC Emerald LP
(DBN)

Would Regulated Oil Prices, Argentine-Style, Help U.S. Shale?
(DBN)

Norway's Oil Activity to Continue to Fall in 2017
(DBN)

____________

Non-Profits:

ME: Shuttered Brunswick mental health agency files for bankruptcy
(DBN)

____________

Financial Advisors:

Free At Last: Cetera Announces Emergence From RCAP Bankruptcy
(DBN)

Cetera Brokerage of Former RCS Faces Lingering Problem
(DBN)

____________

Corporate Reform:

At Swinging Wall Street Parties, the Feds Are Now on the Prowl
(DBN)

Wall Street Crime: 7 Years, 156 Cases and Few Convictions
(DBN)

____________

Telecoms:

Nortel Distribution Appeal Gets Third Circuit Jump-Start
(DBN)

____________

Politics:

Senate Bill Would Force Donald Trump to Release Tax Returns Can Trump Whitewater-Raft His Way to the White House? Top Trump Aide Becomes First Victim of Inevitable Purges Several Arrested After Police and Protesters Clash Outside Trump Rally in California NM: Another Trump Rally Turns Violent Nostalgic Donald Trump Can't Stop Burning Jeb Bush Donald Trump to Keep Warring Factions of His Campaign on Separate Floors of Trump Tower How much does Trump lie? Let us count the ways. Trump Fact Check: "There are places in America that are among the most dangerous in the world" The boy who escaped Trump country Obama says Trump displays 'ignorance' on world affairs Trump Can't Get Past the Door in Rust Belt Homes
(DBN)

War of Words: Trump vs. Warren Elizabeth Warren Ramps Up Attacks on ‘Insecure Money-Grubber’ Donald Trump
(DBN)

Donald Trump’s Unpredictability Concerns Clinton Allies
(DBN)

State Department lawyers weren’t asked to review Clinton’s use of private server, report says State Department IG: Clinton Email Use Violated Rules Clinton's E-Mail Shenanigans Sure Don't Look Like an Honest Mistake
(DBN)

Crazy People Sue Trump And Clinton A LOT
(DBN)

Clinton Lurks in Shadows When Sparring With Sanders on Banks Here are 5 Clinton vs. Sanders policy battles that could blow up the convention This Is How a Revolution Ends
(DBN)

____________

 


New Bankruptcy Opinions
(3 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (22 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (6 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)

______________

Avoidance Actions:

Fraudulent Transfer Not Deemed "Reasonably Discoverable" Based on SEC Filing Unless the Filing Reveals Both the Transfer and Its Fraudulent Nature
(DBN)

Third Circuit Holds that Minimum Threshold under Section 547(c)(9) Requires Transfer-by-Transfer Analysis
(DBN)

___________

Discharge:

Fraudulent Conveyance Scheme Renders Debt Nondischargeable in Bankruptcy
(DBN)

Not So Fast – Supreme Court Holds Prepetition Fraudulent Transfer Precludes Post-Petition Discharge in Husky International
(DBN)

Nondischargeability Based on Collateral Estoppel
(DBN)

____________

Insurance:

Insured vs. Insured exclusions in post-insolvency claims
(DBN)

____________

Mediation:

The Monstrous Costs of Mediation Failures (the Nortel Networks Bankruptcy
(DBN)

Facilitative v. Evaluative Mediation = It’s Both: A New Study of Mediation in the U.K.
(DBN)

____________

Miscellaneous:

Lookback Period – Twelve Weeks (pt 2)
(DBN)

____________

Structured Dismissal:

Jevic CVSG Recommends Granting Cert
(DBN)

____________

Plan Confirmation:

Individual Chapter 11 Plans – So I Learned a Few Things at NACBA
(DBN)

____________

TBTF:

Bank 'living wills' light on information, but reveal problems Report Finds Big Banks Have to Improve ‘Living Wills’
(DBN)

____________

Debt Collection:

Collection Agency Hit with $38M Judgment
(DBN)

Eleventh Circuit Court of Appeals Determines that a “Debt Collector” filing a Bankruptcy Court Proof of Claim on a Time-Barred Account is an FDCPA Violation
(DBN)

____________

Sovereigns:

Sovereign Default: It’s Not Personal, Just Business
(DBN)

Why Defaulting on National Debt May Become More Common
(DBN)

Mozambique Debt Woes an Eye-Opener, Standard Chartered Says
(DBN)

____________

UK:

IPA issues first specialist insolvency license
(DBN)

Olswang takes centre stage in BHS inquiry as MPs question its role
(DBN)

Pool of buyers dwindles for BHS
(DBN)

The £1 takeover of BHS was 'a bit of a punt'
(DBN)

____________

EU:

IMF-euro zone rift set to continue amid debt relief disagreement
(DBN)

The IMF, Trying to Lend Europe Credibility for a Greek Bailout, Risks Losing Some of Its Own
(DBN)

IMF Seeks to Keep Wiggle Room While Backing Greek Debt Deal
(DBN)

____________

PIIGS:

Extending QE to Greece Won’t Do Much Good Europe's Pointless 'Breakthrough' on Greece
(DBN)

Deal Between Greek Creditors Doesn’t End Saga Ross: IMF to Win War, Greece Will Get Needed Debt Relief
(DBN)

The Fact Of The Matter Is Greece Is Insolvent Greece’s Journey to Redemption Remains a Long One After Aid Deal
(DBN)

____________

Canada:

New Rules for Asset Sales by Insolvent Producers (at least for now)
(DBN)

CIBC braces for oily stress, but beat projections in Q2
(DBN)

Pick and Choose: Federal insolvency law takes precedence over Provincial legislative scheme governing the Alberta Energy Regulator
(DBN)

____________

India:

India's bankruptcy law positive for banks: Moody's
(DBN)

Will Bankruptcy Act instill fear among defaulting borrowers?
(DBN)

India's new bankruptcy code to boost bargaining power of creditors
(DBN)

Dissecting Bankruptcy Code: Creditors ' Definition Is Not Sound
(DBN)

____________

Ukraine:

Ukraine State Company Tries to Fend off Bankruptcy
(DBN)

____________

China:

China accuses US of hampering trade with steel duties
(DBN)

Billionaire Wilbur Ross Likes the Look of Chinese Bad Loans
(DBN)

Old jobs die hard in China's rustbelt
(DBN)

China thinks the US will default via inflation
(DBN)

____________

Argentina:

Government bets on debt
(DBN)

____________

Brazil:

Brazil gov’t commits to austerity
(DBN)

____________

South Korea:

STX shares tumble in Korea as shipbuilding arm nears receivership
(DBN)

____________

Bahamas:

Baha Mar Creditors Protected Against 'Backroom Deals'
(DBN)

____________

Australia:

Australia's shifting insolvency regime
(DBN)

____________

Iceland:

Iceland pulled off a miracle economic escape by breaking almost every rule
(DBN)

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