May 31, 2016

The Daily Bankruptcy News

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Law:

Shearman ramps up associate pay as talent war heats up
(DBN)

Dewey Exec DiCarmine Picks New Lawyer, Delaying Retrial
(DBN)

Law firm debts up 36 per cent in last year alone
(DBN)

How to Lose a Client in 10 Days
(DBN)

Mlegal ups the ante in New York with Sullivan & Cromwell hire
(DBN)

Never Give Up On Cross-Examination
(DBN)

Lawyers and the Benjamins, Six Lessons
(DBN)

The 20 Law Schools With The Most Underemployed Graduates
(DBN)

Biglaw Firm Closing Texas Outpost
(DBN)

5 Things To Remember As A New Law School Graduate
(DBN)

‘Man Up Boy’ Is the Most Alabama Ethics Opinion Ever
(DBN)

Candice Kashani, JD Villanova 2016 - No debt because of "sugar daddy" relationships
(DBN)

New Business Development - Digital Influence Enough, Don't Have to Be Official Influencer (7 tips)
(DBN)

Markel's ex-wife lauds investigators, arrest Witness: Police swarmed Garcia during arrest in Markel case Markel suspect: 'This is not my first rodeo'
(DBN)

Diversity For The Legal Industry Continues To Be A Riddle, Wrapped In a Mystery, Inside An Enigma
(DBN)

The Goldilocks Dilemma for Women in Big Law
(DBN)

The ‘Right Time’ To Make A Career Change
(DBN)

Debunking the myths of pay-to-play networks
(DBN)

The law firm behind the Panama Papers is closing its Jersey, Isle of Mann, and Gibraltar offices
(DBN)

27 things you didn't know your iPhone could do
(DBN)

2 cops charged in Freddie Gray case sue top Baltimore prosecutor for defamation
(DBN)

Big Law Founder is Launching a Museum for the Broken Hearted
(DBN)

West and Kardashian lawsuit offers a choice - $30 million or an apology
(DBN)

Companies can’t ban workers from suing and arbitrating as a class, 7th Circuit says
(DBN)

Hulk Hogan Case Stirs Funding-Disclosure Debate
(DBN)

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Judges:

Eight isn’t enough, Justice Ginsburg says Ruth Bader Ginsburg: Not A Fan Of An Eight-Member Court
(DBN)

Insolvency Law Committee Bio: Judge Meredith Jury
(DBN)

Ginsburg on Scalia: A Discerning Shopper and Brilliant Friend
(DBN)

These two justices are the most interrupted in oral arguments; is a gender dynamic at play?
(DBN)

Groundbreaking transgender judge talks bathroom laws
(DBN)

Houston Court In The Middle Of A Controversy
(DBN)

A Bird With a Broken Wing: The Supreme Court is doing its best to limp to the term’s finish line. So why do the justices insist that everything is hunky-dory?
(DBN)

Rulings and Remarks Tell Divided Story of an 8-Member Supreme Court
(DBN)

Suspended Alabama chief justice sues state judicial panel
(DBN)

Trump Attacks Federal Judge in Trump U Case
(DBN)

Union Condemns Judge Who Handcuffed Public Defender
(DBN)

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Wall Street:

U.S. stocks steady, on track for May gains
(DBN)

S&P 500 posts biggest weekly gain in 2 months
(DBN)

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Layoffs:

Deal to End Verizon Strike Gives Company Tools to Pare Work Force
(DBN)

Memphis: Around 500 Teachers Laid Off
(DBN)

Over 100 employees laid off from Turner Industries
(DBN)

GE announces 190 layoffs
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Travel:

Simple etiquette rules to remember the next time you fly
(DBN)

____________

Health and Beauty:

Avon Could File For Bankruptcy
(DBN)

____________

Autos:

Takata rules out bankruptcy in seeking buyer funding Takata seeking buyer funding instead of bankruptcy
(DBN)

Volkswagen's Emissions Cheating Hits Profit at Biggest Brand
(DBN)

____________

Hollywood:

Netflix loses bid for early film release
(DBN)

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Currency:

Bitcoin Miner KnCMiner Declares Bankruptcy
(DBN)

Ernst & Young to Sell $12 Million in Bitcoin at Auction
(DBN)

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Aviation:

Republic, United revise partnership terms
(DBN)

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Healthcare:

Nevada Health CO-OP, now defunct , still causing headaches
(DBN)

____________

Religion:

Archdiocese, creditors clash over bankruptcy assets
(DBN)

Twin Cities Archdiocese Puts Forth New Bankruptcy Plan
(DBN)

____________

Gambling:

Push To Unload Caesars Online Business At Reported $4 Billion Could Have John Paulson's Fingerprints
(DBN)

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Education:

The college known as 'the poor man's Harvard' is facing severe budgetary issues
(DBN)

Donald Trump under oath: Trump University's promises crumble
(DBN)

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Awards:

Chambers 2016 - Bankruptcy Practices and Lawyers
(DBN)

____________

Pensions:

More Egregious Aggregation Under ERISA in the Sun Capital Partners Case? The District Court Goes Down Yet Another Road
(DBN)

____________

Travel:

Airport Lines: Really the TSA's Fault?
(DBN)

____________

Coal:

The Billion-Dollar Challenge Facing Noble Group’s New CEOs
(DBN)

____________

Debt Collection:

Biggest Debt Collector in Europe Opens Door to Larger M&A Deals
(DBN)

____________


Economy:

Yellen: Rate hike probably appropriate in the coming months
(DBN)

Yellen: We didn't see the financial crisis coming
(DBN)

Risky Reprise of Debt Binge Stars U.S. Companies Not Consumers
(DBN)

Federal Reserve Survey Shows Mixed Results on Financial Well-Being
(DBN)

Billionaire Howard Marks just skewered US politicians claiming they'll 'bring back the jobs' Howard Marks: No one in government has any idea how to fix the economy
(DBN)

US economy picking up steam—beyond the official data
(DBN)

The side effects of negative interest rates are 'fanning out across the globe'
(DBN)

The last generation of economic policies may have been a complete failure
(DBN)

Pizza Hut just signaled a terrifying reality for fast-food workers
(DBN)

What Will Really Fix America's Unfair Tax System
(DBN)

Falsehoods About Kids Still Living at Home
(DBN)

US Debt Clock
(DBN

World Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Longtime lawyer pleads guilty in $33.6M real-estate fraud involving bogus court filings
(DBN)

Texas Supreme Court Uses "Common Sense" to Avoid Lender's Forfeiture on Home Equity Loan Violation
(DBN)

'Face of the housing crisis' exonerated by Appeals Court Countrywide Hustle ruling
(DBN)

Landlords Beware: Termination of a Distressed Tenant's Lease May Be Voidable In Bankruptcy
(DBN)

The Housing Market Horror Story Isn’t Over Yet
(DBN)

Here's a breakdown of home prices in the 4 largest states
(DBN)

6 negotiating tricks to try when selling your house
(DBN)

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Municipalities:

Saving Puerto Rico with a compromise debt plan is the only hope
(DBN)

Puerto Rico And Bankruptcy
(DBN)

Puerto Rico Faces Bankruptcy : What Should Be Done?
(DBN)

What May Be Puerto Rico's Best Hope
(DBN)

N.J. Governor Christie signs Atlantic City rescue package into law
(DBN)

Illinois Governor Vetoes Plan to Reduce Chicago’s Pension Contributions Emanuel on pension veto: 'Rauner just told every Chicago taxpayer to take a hike' Illinois Senate Moves to Override Veto of Chicago Pension Break
(DBN)

S&P downgrades Chicago water district bonds on pension liability
(DBN)

Beaumont: Pros and cons of bankruptcy
(DBN)

Detroit may have had stronger claim on Wings' TV revenue
(DBN)

More in Debt Than Puerto Rico, the Virgin Islands Rejects Rescue
(DBN)

____________

 

Oil/Gas:

Restructuring and insolvency - the uncomfortable part of the new reality?
(DBN)

A US oil company just filed for bankruptcy — for the second time this year Hercules Offshore Strikes Deal With Lenders Execution of Restructuring Support Agreement Hercules Offshore to File for Chapter 11 Again, Hit by Oil Price Slump Energy firm Hercules Offshore returning to Chapter 11 bankruptcy Offshore Drillers: Another One Bites the Dust Oil company plots second bankruptcy in 9 months Hercules Offshore to file for second bankruptcy, sell assets
(DBN)

Linc USA and Affiliates File Ch. 11: First Day Dec
(DBN)

Oil Driller Taps Different Well of Financing
(DBN)

Emerald Oil Snags $73 Million Bid Before July Auction
(DBN)

$50 oil is here to stay
(DBN)

Oil Speculators No Longer Confident In Price Crash
(DBN)

Middle East oil loadings continue to rise
(DBN)

Saudi strategy to pump higher-cost competitors out of business appearing to work
(DBN)

OPEC is Driving Oil Prices, Blindfolded
(DBN)

Saudi Arabia is 'backing away from OPEC'
(DBN)

Oil Set for Longest Run of Gains in 5 Years Before OPEC Meeting
(DBN)

Oil rig count resumes its slide Baker Hughes: US Oil Drillers Cut Rigs Despite Price Recovery
(DBN)

Oil States to Keep Status Quo as Price Gains: OPEC Reality Check
(DBN)

Energy speech leaves North Dakotans 'drunk on Trump'
(DBN)

Energy Crises, Oil Wars, & Edison's Solution
(DBN)

This is the 'reckoning point' for a bunch of oil producers
(DBN)

Breitburn Energy Partners: A Look At Bankruptcy Valuations
(DBN)

Will More Upstream MLPs Succumb to Bankruptcy ?
(DBN)

____________

Politics:

Donald Trump Soured on a Deal, and Hong Kong Partners Became Litigants 13 outlandish theories Donald Trump has floated on the campaign trail Donald Trump says he will not debate Bernie Sanders after all Trumpification of the Congressional Agenda Begins Trump is a pragmatist, too. That’s the problem A judge ordered the release of hundreds of pages of Trump University documents ‘Rolling Thunder’ Bikers Welcome Trump to Washington – Mostly Marco Rubio Concedes Campaign Mistakes, Supports Donald Trump Glenn Beck: A Patriot Will Remove Pres. Trump Trump's Backward Leap on Energy
(DBN)

Lindsey Graham on the Republican Party after Trump: 'We either get smarter or die'
(DBN)

AP finds Clinton misstated key facts in the email investigation
(DBN)

Donald Trump and Chris Christie, the Twin Villains of Atlantic City
(DBN)

Fact-checking Bernie Sanders on 'Meet the Press'
(DBN)

Poll: Voters Feel Disconnected and Helpless
(DBN)

____________

Fraud:

Ex-Barclays Trader Disrupts Libor Testimony Shouting ‘No’
(DBN)

____________

Golf:

Homes on big lots could herald future for defunct AZ golf courses
(DBN)

____________

Chemicals:

Vertellus Specialties files for Chapter 11 bankruptcy protection - court filing
(DBN)

____________

Alternative Energy:

Solar Aluminum Technology Services files for voluntary Chapter 11 bankruptcy - court filing
(DBN)

____________

Ethanol:

Defunct Hopewell ethanol plant operator eyes liquidation
(DBN)

____________

Shipping:

Big progress in HMM's charter fee talks: creditor
(DBN)

Mothballed Ships In SE Asia Show Pain Inflicted By Oil Slump
(DBN)

____________

Sports:

NBA's Thunder targeted by deceased McClendon's creditors
(DBN)

____________

 


New Bankruptcy Opinions
(6 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (26 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (15 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)

______________

SCOTUS:

Supreme Court asked to rule on Trump casino bankruptcy
(DBN)

____________

Reopening:

Icahn Enterprises Sees Two-Decade-Old Bankruptcy Case Reopen
(DBN)

____________

Discharge:

U.S. Supreme Court Expands Types of Fraud Which May Bar a Bankruptcy Discharge
(DBN)

____________

Miscellaneous:

The Week Ahead
(DBN)

Lookback Period – Twelve Weeks (pt. 4)
(DBN)

____________

Interest:

Are You an Over-Secured Lender in Your Borrower's Bankruptcy? Beware: You May Still Not Be Entitled to Receive Post-Petition Interest
(DBN)

____________

Retailing:

When Vendors Are Consigned to a Lower Authority
(DBN)

Big 5: Next Domino To Fall In Sporting Goods
(DBN)

The U.S. Consumer Finally Embraces Thrift -- and Dollar Stores
(DBN)

Claire's Is Going Bankrupt
(DBN)

Apparel Armageddon Across the Atlantic
(DBN)

____________

Food/Beverage:

Trustee Charges Collusion in Allens' Case
(DBN)

Great Pacific Seafoods files for bankruptcy, shuts down operations in Alaska and elsewhere
(DBN)

____________

Sovereigns:

Argentina's eternal debt problem Argentina's Macri hunts missing $500b in tax amnesty Argentine president proposes amnesty for tax dodgers
(DBN)

____________

UK:

Pensions lifeboat could have to take on 33,000 UK pensioners of bankrupt Canadian telecoms giant Nortel Networks
(DBN)

Linder Myers sold in pre-pack deal
(DBN)

Women Curtailing Clothes Shopping Hit UK US Retailers
(DBN)

BHS exploited loophole to cut its pensions levy
(DBN)

____________

EU:

After a horrendous year, this country is Europe's next looming economic disaster
(DBN)

Belgium's VLM secures bankruptcy protection
(DBN)

____________

PIIGS:

Greece, creditors head back into the boxing ring Greece, Still Paying for Europe's Spite European Money Doesn’t Like Greece
(DBN)

Italy Bank Non-Performing Loans at Turning Point, Visco Says
(DBN)

____________

Canada:

Bad energy loans won't bankrupt the Big Six banks
(DBN)

Alberta Energy Regulator to appeal ruling on oil and gas cleanup obligations
(DBN)

____________

Turkey:

Experts warn of abuse of bankruptcy suspension condition as applications soar in Turkey
(DBN)

____________

Greenland:

The technicalities of insolvency
(DBN)

____________

India:

Govt's bankruptcy law overhaul hindered by backlog of 60,000 cases
(DBN)

Is Bankruptcy Code flawed?
(DBN)

Mallya-like episode impossible under new Bankruptcy Code
(DBN)

Post Insolvency & Bankruptcy Code, 100-worker units will be able to shut shop
(DBN)

____________

Australia:

The proof of debt and the secured creditor - How to avoid accidentally giving up your security
(DBN)

Submission on major insolvency law reforms
(DBN)

____________

South Korea:

South Korea's shipbuilders are in troubled waters Bankruptcy In Sight For South Korean Shipbuilders
(DBN)

Bondholders approve to reschedule debt of Hyundai Merchant
(DBN)

____________

Germany:

Are subsidies driving dairy farmers into bankruptcy ?
(DBN)

____________

Bermuda:

International Insolvency Cooperation In Bermuda
(DBN)

____________

MENA:

The Untold Story Behind Saudi Arabia’s 41-Year U.S. Debt Secret
(DBN)

Gulf economic slowdown sees foreign workers trapped by debts
(DBN)

Iran Flogs 30 College Students For Attending A Mix Gender Graduation Party: 99 Lashes Each Saudi Doctor Delivers Healthy Baby . . . Father Shoots Doctor For Exposing His Wife In The Presence Of A Male
(DBN)

Saudi Arabia Sets Up New Debt Office
(DBN)

____________

Brazil:

Rio 2016: Olympic Velodrome Project Hit by Bankruptcy
(DBN)

Olympic Host Rio Has Debt Paid by Brazil as States Struggle
(DBN)

____________

China:

The antidote to China's debt addiction could make things worse
(DBN)

China's Slowdown Hits Neighbors the Hardest
(DBN)

Recovery in Chinese Property Market ‘Rather Fragile,’ S&P Says
(DBN)

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