November 2, 2016

The Daily Bankruptcy News

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Law:

Firm Boosts First-Year Salaries To $180K For The Coming Year
(DBN)

The ATL 2017 Law Firm Rankings: Raises Make You Number 1
(DBN)

Latham Adds New Bankruptcy Partner
(DBN)

Half-Dozen Firms Lace Up for Sports Equipment Bankruptcy
(DBN)

Former Greenberg Traurig partner resigns from bar amid probe into improper expense requests
(DBN)

Will a US law firm join the CMS mega-merger?
(DBN)

Faculty, Students To File Suit Against Law School For Fraud
(DBN)

Attention, Law Students: These Are The Reasons Your Professor Won’t Change Your Grades
(DBN)

What does it mean to be a 'world class' legal team?
(DBN)

Firms Face Suits Over Website Accessibility for Blind Users
(DBN)

Baker & McKenzie Adopts Work-At-Home Policy
(DBN)

Cleary Gottlieb elects eight partners and eight counsel
(DBN)

Millionaires' law firm club set for a rough ride from corporates
(DBN)

The Hunger Games And The Law Firm Life
(DBN)

How to Lure Lawyers to Small Town USA? Start There
(DBN)

Lawyerly Lairs: Columbia Law Grad Seeks Dishwasher, Washer-Dryer
(DBN)

July 2016 Bar Exam Results for New York
(DBN)

Law's Culture of Wimpiness
(DBN)

Is there a risk that outsourcing could start to replace U.S. contract attorney jobs
(DBN)

Mitchell Hamline Welcomes 338 1Ls This Fall, Down 14% From 2015 (42% From 2010)
(DBN)

Beyond Biglaw: 3 Insights About Boutique-Firm Practice
(DBN)

Will New Rules Of Content Marketing Kill Ghostwritten Legal Blogs Once And For All?
(DBN)

Positive Online Reviews = Increase In Profits
(DBN)

United Nations commission accepts proposal from Penn State Law bankruptcy law professor
(DBN)

'Hitler was right': Lawyer disbarred over racist rants on Twitter
(DBN)

The Perils Of A Lawyer Sharing A Name With A Car Dealer
(DBN)

Sympathy for James Comey
(DBN)

How to "fix" your email after upgrading to iOS 10 -- turn off Organized by Thread
(DBN)

Who are the most famous practicing lawyers in BigLaw?
(DBN)

12 Year Old Nabbed for Drunk Driving
(DBN)

Judge Drops Part of Rolling Stone Lawsuit
(DBN)

Entrepreneurial Law Firm Creates Mindfulness App For Financiers With Windbreakerphobia
(DBN)

Estate representative can sue herself for causing decedent’s wrongful death
(DBN)

After 63 years behind bars, inmate turns down parole offer
(DBN)

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Judges:

Law clerk accused of ruling on cases can’t be a judge if she wins election, Illinois high court says
(DBN)

Another Senator Vows To Obstruct Any Hillary Clinton Supreme Court Nominee
(DBN)

Burr’s SCOTUS Stance Draws Rebuke From CBC Chairman
(DBN)

Senate: No role for courts in Garland feud
(DBN)

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Wall Street:

Stock futures flat as election race tightens
(DBN)

Stocks wobble as tighter presidential election race rattles investors
(DBN)

Stocks close lower in choppy trade as a Fed meeting, US election loom
(DBN)

Stocks are at their lowest level since July
(DBN)

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Layoffs:

Thomson Reuters to Fire 2,000 Employees
(DBN)

Channel Technologies Files for Bankruptcy, to Lay Off 215 Employees
(DBN)

150 people laid off at MassMutual
(DBN)

Verso mill to lay off 190
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Fraud:

The Ponzi Scheme Blog: October 2016 Ponzi Scheme Roundup
(DBN)

Victims Seek Mercy for a Wall St. Scion Who Defrauded Them
(DBN)

Bryan Reichel: Self-dealing fraud or bankrupt entrepreneur?
(DBN)

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Pharma:

US feds building accounting fraud case against Valeant
(DBN)

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Shipping:

World’s Biggest Shipping Company Wants More Mergers After Japan
(DBN)

World's largest shipping firm sees quarterly profits slump 43% on lower freight prices
(DBN)

Global shipping tells the story of a sluggish world economy
(DBN)

Why a Bankruptcy Case From the Other Side of the World Affects Many US Businesses and Consumers
(DBN)

In shipping giant’s bankruptcy, Chinese businesses find chaos, opportunity
(DBN)

Hanjin collapse washes up on Australian shores
(DBN)

No end in sight for China , South Korea shipbuilders
(DBN)

Higher returns seen for container shippers in future: analysts
(DBN)

Maersk Shares Sink as Shipping Industry Woes Hurt Profits
(DBN)

Sinking value of panamax box ships propels Seaspan into a sea of red ink in Q3
(DBN)

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Retailing:

DirectBuy Holdings Files for Chapter 11 Protection Buying club DirectBuy files for bankruptcy , seeks sale DirectBuy Becomes Latest Retailer To Declare Ch. 11
(DBN)

Big 5 Is A Winner From Sports Authority's Bankruptcy
(DBN)

American Apparel En Route to Bankruptcy Again
(DBN)

Inside the final days of Borders' bankruptcy — and what Mike Edwards learned as its last CEO
(DBN)

BofA Agents $386MM DIP Financing For Performance Sports
(DBN)

Retail Executives Go on a Shopping Spree for Solutions
(DBN)

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Autos:

House GOP Wants Answers on VW Settlement
(DBN)

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Economy:

Consumer Spending Was Up in September
(DBN)

Hundreds of prominent economists just denounced Donald Trump in an open letter 370 Economists Lay Out List of Reasons to Vote Against Trump
(DBN)

Dallas Fed: Regional Manufacturing Activity Increases in October
(DBN)

Personal Income increased 0.3% in September, Spending increased 0.5%
(DBN)

Which Government System is the Best for People's Wealth?
(DBN)

Family meal time in busy homes across America
(DBN)

There was never an earnings recession
(DBN)

US Construction Spending Slumped in Sept.
(DBN)

Mexico taking US factory jobs? Blame robots instead
(DBN)

Private Fixed Investment in Offices, Lodging and Malls as Percent of GDP
(DBN)

ISM Manufacturing index increased to 51.9 in October
(DBN)

If the World Economy Were the Solar System
(DBN)

US Debt Clock
(DBN

World Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Bankruptcy Judge Imposes Sanctions on Mortgage Servicer for Ignoring Bankruptcy Rules
(DBN)

Why a starter home is one of the worst mistakes a new homebuyer can make
(DBN)

Home equity wealth doubled in last 5 years House Prices up 6.3% Year-over-year in September
(DBN)

House Price Index up 0.3% in August, Up 5.3% year-over-year
(DBN)

Q3 2016 GDP Details on Residential and Commercial Real Estate
(DBN)

9th Cir. Holds Foreclosure Trustee Not FDCPA 'Debt Collector'
(DBN)

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Municipalities:

Asking the Voters: Bankruptcy for Scranton? Save Scranton's Bankruptcy Campaign Catches Wells Fargo's Eye
(DBN)

New Jersey Rejects Atlantic City's Fiscal-Recovery Plan State Rejects Atlantic City Fiscal Plan, Can Seek Takeover NJ could take over Atlantic City after rejecting its financial plan Takeover looms
(DBN)

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Oil/Gas:

Pacific provides an update on its restructuring transaction
(DBN)

Hercules Offshore Ch. 11, Wind-Up Plan Confirmed In Del. Opinion
(DBN)

Which Upstream MLP Could Announce Bankruptcy Next?
(DBN)

Oil industry teetered 'close to bankruptcy,' but experts see signs of hope
(DBN)

Brazil To Boost Oil Output, Regardless Of OPEC's Deal
(DBN)

Bankrupt Energy Co. Disputes $36M In Ch. 11 Claims
(DBN)

KBR reports $63 million loss as strategic focus shifts
(DBN)

Permian Holdings Inc. announces entry into global restructuring agreement
(DBN)

Oil prices retreat on expectations for a big jump in U.S. supply Oil losses extended as US stocks further add to glut Oil Sells Off As OPEC Remains Divided On Deal
(DBN)

Oil To Crash Back To $40 If OPEC Fails
(DBN)

Brazil To Boost Oil Output, Regardless Of OPEC’s Deal
(DBN)

BP And Shell Optimistic The Market Is Turning
(DBN)

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Politics:

The Bankruptcies Behind Trump's 'King of Debt' Claim Trump Surges Ahead Donald Trump’s Companies Destroyed Emails in Defiance of Court Orders Trump May Never Pay Income Tax Again Glenn Beck: The 'race is over,' Donald Trump 'should win' by 5 points Trump swapped partnership equity for canceled debt in tax-law stretch, experts say Clinton camp says FBI should say what it knows about Trump's Russia ties Did Trump Really Lose $1 Billion in One Year? Donald Trump and his allies have a new argument against Hillary Clinton amid FBI's renewed probe into her emails Ivanka Trump's brand is in crisis as shopper boycott takes hold Mark Cuban: Trump 'should understand the basics of Obamacare, and obviously he does not' Mark Cuban rips Peter Thiel's defense of Donald Trump: 'That's craziness' 'He really said this': New Clinton ad supercuts Trump's controversial comments about women A former FBI profiler says Trump shows the 'biggest hallmark of the narcissist' FBI: No Direct Trump-Russia Connection Trump Stiffs His Own Pollster for $766,756 Obama on Trump: 'Don't be bamboozled. Don't run for that okey-doke.' Trump City: The Decimated WV Steel Town Trump Gets Court Date for R--- of 13 Year Old
(DBN)

Reality check shows Clinton's path to 270 electoral votes is stable A model that has correctly predicted the presidential election since 1980 says Clinton will have a landslide victory Stolen emails reveal a tight relationship between Google's Eric Schmidt and the Clintons AG Did Not Order FBI to Withhold Emails New FBI Email Search May be Illegal Many in GOP Criticize Comey's Actions Clinton's Wall Street Fundraising Loophole CNN Severs Ties with Donna Brazile Hillary Clinton is irreparably damaged, even if she wins Quiet Ruthlessness of the Clinton Campaign New State Department Emails Show 10 Hack Attempts on Clinton Server in 2 Days
(DBN)

Odds of Electoral College-Popular Vote Split Increasing
(DBN)

Mark Cuban says he’s put on his ‘biggest hedge’ ever ahead of the election Cuban on Losing Mavs Fans Over Trump
(DBN)

OMG: What if the Election Isn't Over on November 8th?
(DBN)

The Fight for Congress Crippling Democracy
(DBN)

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Travel:

What to do when your flight is canceled
(DBN)

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Coal:

Business as usual? Bankrupt coal giant is still paying for DC lobbyists Report: Bankrupt coal companies find ways to back state, federal candidates
(DBN)

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Education:

Career Point College files for bankruptcy protection
(DBN)

Dozens of Texas companies wait in creditor line since Career Point bankruptcy
(DBN)

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Buses:

Brazilian tour bus company files Chapter 11 bankruptcy
(DBN)

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Environmental:

$151 Million Settlement Deal Reached Over West Virginia Water Poisoning
(DBN)

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Solar:

SunEdison Reaches Truce With Creditors On Units' Data
(DBN)

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Awards:

US News - Best Bankruptcy Firms Bankruptcy Law Firm Of The Year
(DBN)

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Food/Beverage:

Erie County Farms nears deadline in bankruptcy case
(DBN)

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Celebs:

Abby Lee Miller Fraud Charges & Guilty Sentencing Updates
(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 (27 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (17 new filings today)
(DBN)

Bankruptcy Code (html) - Bankruptcy Code (pdf) Prior BK Codes (pick year from list) - 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:

Buffalo: Bankruptcy filings rose in October
(DBN)

Racial Bias Reflected in Bankruptcy Filings
(DBN)

Bankruptcy filings rise in NW Ohio
(DBN)

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Bankruptcy Rules:

Federal Rules of Bankruptcy Procedure to be Amended Effective December 1, 2016
(DBN)

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Avoidance Actions:

The Best Offense is a Good Defense: While the Eighth Circuit’s Decision in In re Opportunity Fund LLC Highlights Consequences and Potential Pitfalls of Substantive Consolidation, the Bankruptcy Court Ultimately Dismisses Fraudulent Transfer Claims against the Lenders
(DBN)

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Professional Compensation:

Bankruptcy Attorney Can Get Fees for Supplementing Fee Application
(DBN)

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Safe Harbors:

Interest Payments Do Not Qualify as Protected Settlement Payments Under Section 546(e)
(DBN)

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Insurance:

Bankruptcy plan to enable Life Partners investors to recover money Life Partners Reorganization Plan Confirmed
(DBN)

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Mediation:

Mediation Confidentiality: Federal Evidence Rule 408 Leaks Like a Sieve
(DBN)

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Priority Claims:

Excuse me, but I believe I was first in line! Severance Claims as a Matter of Priority
(DBN)

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Cross-Border:

Need for Multinational Corporate Insolvency Law Shown in China Fishery Decision
(DBN)

____________

Music:

SFX needs more time to finalize post- bankruptcy plan
(DBN)

____________

Banking:

Jury Applies Georgia’s Business Judgment Rule
(DBN)

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Electricity:

Dynegy reports lower revenues and third quarter loss of $249 million
(DBN)

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Distressed Investing:

Lynn Tilton Defends Investor Disclosures in SEC Fraud Trial
(DBN)

Sell-off: High Yield Bond Secondary Prices Tumble Below Par
(DBN)

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Healthcare:

It's do or die for Obamacare
(DBN)

Trump: Don't Repeal ACA, Destroy Healthcare
(DBN)

Telemedicine Becoming More Widespread
(DBN)

____________

Obits:

Marcy E. Kurtz
(DBN)

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Agriculture:

Falling prices, borrowing binge haunt Midwest farmers
(DBN)

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Consulting:

How a $250 Billion Industry Lost Its Bad Reputation
(DBN)

____________

UK:

Debt purchaser agrees redress package
(DBN)

Cosmetic surgery group undergoes pre-pack sale
(DBN)

‘Killers having lunch’: The real life Wolves of Wall Street
(DBN)

Britain to be downgraded if it fails to get a good Brexit deal
(DBN)

London Already Feels Brexit Fallout
(DBN)

'The vultures will be circling' - what next for KWM and the legacy SJ Berwin business?
(DBN)

____________

EU:

'We fear a storm is coming'
(DBN)

____________

PIIGS:

The EU is losing its patience with Greece as overcrowded refugee camps there grow violent
(DBN)

Greece's Creditors Propose Danish Model for Labor Laws
(DBN)

Greece: Creditors insistent on pensions
(DBN)

____________

Canada:

U. S. Steel and Bedrock Industries agree to restructuring and sale of U. S. Steel Canada Steelworkers ‘cautiously optimistic’ over Bedrock Industries deal
(DBN)

Micro, Small and Medium Enterprise (MSME) Insolvency in Canada
(DBN)

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China:

Chinese Developer's Bond Struggles Hint at Broader Woes
(DBN)

Guangxi Nonferrous' Creditors Veto Insolvency Plan
(DBN)

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India:

Measuring the impact of the Bankruptcy Act Insolvency and bankruptcy code won't replace SDR and S4A: Sudarshan Sen
(DBN)

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Venezuela:

Venezuela Still Dodging Creditors , Miner Says
(DBN)

Venezuela's Currency Disintegrates
(DBN)

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