November 22, 2016

The Daily Bankruptcy News

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Law:

These law firms get the most business from large companies in five areas of litigation
(DBN)

Cracking the New York legal market
(DBN)

Kirkland & Ellis and Jones Day picked to spearhead Trump transition Trump Picks Three More Big Law Attorneys for DOJ Transition Team
(DBN)

Gust Rosenfeld adds Bankruptcy and Creditors' Rights Attorney
(DBN)

Some states see increase in state bar pass rates, while others witness declines
(DBN)

T14 Law School’s Career Services Has Some Testy Words For 1Ls
(DBN)

California’s Bar Exam Passage Rate Reaches 32-Year Low
(DBN)

Law Schools: The Admissions Collapse Continues
(DBN)

In Pursuit of a 10,000% Return - Betting on lawsuits has growing appeal
(DBN)

Wachtell Lipton’s New Partners: 100 Percent Diverse
(DBN)

McDermott Will & Emery Appoints New Corporate Head
(DBN)

Lawyers for Pro Wrestlers Dodge Sanctions, Barely
(DBN)

In Time Of Political Unrest, Former Biglaw Managing Partner Told To ‘Go Back To [His] Own Country’
(DBN)

Unintended Consequences When Powerful People Speak
(DBN)

S.A. lawyer 'probably' broke the law, U.S. bankruptcy judge says
(DBN)

Lawyer agrees to 30-day suspension for publicity threats during settlement talks
(DBN)

Beware of imported contacts, social media statements on legal issues, ethics opinion says
(DBN)

Baker & McKenzie's Chair on Heading a Global Firm in a Protectionist Era
(DBN)

6 Steps for Law Firms to Minimize Damage in a Data Breach Up-Front
(DBN)

5 Litigation Lessons From Joe Jamail’s Trial Strategy In Pennzoil v. Texaco
(DBN)

State supreme court upholds prosecutor juror ratings that began with ‘gut reaction’ and ‘B’ label
(DBN)

What 'business casual' actually means
(DBN)

Lawyers and Robots Working in Tandem: The Lawyers Applying AI Today Why All the AI Hype in Legal?
(DBN)

Good Billing Practices Is an Ethical Duty
(DBN)

The Total Trumpism of Jeff Sessions, Attorney General Nominee What to Expect From a Sessions Justice Department Here are 8 ways Trump's pick for attorney general could change criminal justice
(DBN)

Here's the science behind why it's so hard to maintain eye contact when you're talking to someone
(DBN)

Attorney Productivity: How Outsourcing Can Help You Stay On Top Of Your Practice
(DBN)

Trump could run afoul of this obscure constitutional clause Trump's Hotel Lodges a Constitutional Problem Experts: Trump’s Conflict-of-Interest With His D.C. Hotel Raises Impeachment Concerns
(DBN)

The Lawyer Responsible For A Thanksgiving Table Staple
(DBN)

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Judges:

Federal Judge Tells New Citizens To Leave The Country If They Don’t Like Trump
(DBN)

How Justice Scalia’s Writing Style Affected American Jurisprudence Style or Substance? Which Made Scalia (In)Famous?
(DBN)

Goodyear asks SCOTUS to restrict federal judges’ inherent sanctions power
(DBN)

Will John Roberts Save the Supreme Court From Donald Trump?
(DBN)

Reasons to Suspect Trump Will Nominate a Federal Court of Appeals Judge to SCOTUS
(DBN)

Sen. Schumer’s Threat to Filibuster Trump SCOTUS Pick May Trigger ‘Nuclear Option’
(DBN)

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Wall Street:

U.S. stocks on track to knock out fresh record highs
(DBN)

Major indexes rip to record closing highs as energy spikes 2% Dow trades about 60 points shy of 19,000 milestone
(DBN)

Stocks at all-time highs calls for extreme caution
(DBN)

Three reasons why this Trump rally won’t last Trump bump for stocks could end with market in the dumps
(DBN)

25 tricky questions you may have to answer if you want to work at Goldman Sachs
(DBN)

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Layoffs:

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Circus:

Big Apple Circus Files for Bankruptcy That's all folks? Big Apple Circus files for bankruptcy Big Apple Circus Files for Bankruptcy , Seeks Buyer Big Apple Circus files for bankruptcy protection while seeking sale
(DBN)

Debevoise Takes Pro Bono Role on Big Apple Circus Bankruptcy
(DBN)

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Food/Beverage:

What happened to bankrupt A&P's 90 stores in New Jersey?
(DBN)

Des Moines: McDonald's franchise owner files for bankruptcy
(DBN)

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Marijuana:

Some in Marijuana Industry Fear Jeff Sessions Will Hinder Or Reverse Legalization Trend Donald Trump’s Attorney General could terminate the rule that protects state-legalized marijuana
(DBN)

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Coal:

Canada Aims to Fully Phase Out Coal Power by 2030
(DBN)

Coal country eyes Trump presidency with cautious hope
(DBN)

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Logistics:

The End of the Road for TransVantage Solutions, Inc.?
(DBN)

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Retailing:

Zombie Circuit City Pushes Back Relaunch Again
(DBN)

Dick's Sporting Goods Isn't Out of the Woods Yet
(DBN)

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Hedge Funds:

Platinum Partners Fund Obtains Litigation Shield
(DBN)

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Healthcare:

Texas hospital closes
(DBN)

Pence: It's Death to Obamacare First
(DBN)

Rural Kentucky Worries About Medicaid Cuts
(DBN)

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Aviation:

Airline Workers Enjoy Good Times Amid Doubt Resurgence Will Last
(DBN)

Hawkair has gone bankrupt
(DBN)

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Economy:

Investors are ditching bonds at the fastest rate in 3 years
(DBN)

Jamie Dimon was never under consideration for Treasury job, report says Trump 'doesn't respect' Jamie Dimon, not considering him for Treasury, source says
(DBN)

Trump Treasury Contender Mnuchin Found Profits in Mortgage Mess
(DBN)

Hensarling would be a great pick for Trump's Treasury, Rep. Brady says
(DBN)

Here's every US state's October unemployment rate
(DBN)

Year-over-Year Change to U.S. Inflation Since 1990
(DBN)

These economic 'black swans' could rock global markets
(DBN)

Donald Trump vows to withdraw from TPP on day one Is the Trans-Pacific Partnership Now a Dead Duck? Japan, China stepping in as Trump vows TPP withdrawal
(DBN)

Trump's NAFTA revamp would require concessions, may borrow from TPP
(DBN)

Donald Trump won't be able to deliver on trade promises, expert says
(DBN)

These are the biggest winners and losers of a global trade war
(DBN)

Polling firm CEO: ’20 million Trump voters’ will lose time and half overtime pay under GOP plan
(DBN)

The Donald Trump Trade Effect: Watch the Peso, Not Ford
(DBN)

Global Competition to Cut Corporate Taxes Heats Up
(DBN)

American Marriage in the Time of the Recession
(DBN)

Black Wealth in the Age of Trump
(DBN)

Bankers Ridiculed by Trump Are Already Embracing His Future Regime
(DBN)

The Trump jobs plan may rely on these two explosive words
(DBN)

This Nobel Laureate Thinks Trump's Infrastructure Plan Will Lead to Corruption
(DBN)

There's a problem with the conventional wisdom you're hearing about a Trump stimulus
(DBN)

The Trouble with Trump's Trillion Dollar Plans
(DBN)

GOP Presidents Tend to Rule Recessions
(DBN)

Trump's Debt to the Financial Crisis
(DBN)

Trump has a plan for government workers. They’re not going to like it.
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

New York Stands Alone by Not Requiring Delivery to Transfer a Note and Mortgage
(DBN)

What does President Trump really mean for mortgage rates?
(DBN)

Stalled Sutton Place Project to Hit Auction Block
(DBN)

Ally to Pay $52 Million to Resolve Justice Department ResCap Probe
(DBN)

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Municipalities:

Dallas Faces Pension-Led Bankruptcy from Police & Fire Pensions Request
(DBN)

Mayor Rawlings Talks Municipal Bankruptcy for Dallas
(DBN)

Dallas Bankruptcy Threat Attracts National Attention
(DBN)

Dallas Mayor Admits Police Pension Pushing City Toward "Fan Blades Of Municipal Bankruptcy "
(DBN)

Dallas to Declare Bankruptcy ?
(DBN)

Puerto Rico advised over debt crisis but likely shorn of US support
(DBN)

Why Puerto Rico's debt crisis could get even worse
(DBN)

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Oil/Gas:

US crude settles up 3.9% at $47.49 ahead of OPEC decision on output
(DBN)

OPEC likely to agree oil output proposals today: delegate Putin Is Ready To Join An OPEC Freeze Oil Prices Move Higher As OPEC Optimism Increases
(DBN)

Trump will probably be out of office before his oil & gas boom happens
(DBN)

Good Luck Saudi Arabia, You're Going To Need It
(DBN)

Energy XXI Amended Reorganization Plan - How Does It Impact Investors?
(DBN)

Dallas Is Where the Jobs Are
(DBN)

Oil Speculation Rule Gets Final Push
(DBN)

If Oil Refiners Crash, So Will the Economy
(DBN)

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Education:

Future Uncertain for Regulator Lawsuits Against ITT Tech
(DBN)

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Politics:

Two things are missing from Trump's preview of his first 100 days in the White House Trump's business ties and the future of his empire under renewed scrutiny after post-election meetings Trump is set to meet with one of Bernie Sanders’ most visible congressional supporters Fresh concerns emerge over Trump's conflict of interests. This time in the UK This is the letter that got Donald Trump's family deported There's a big contradiction in Trump's plan to secure the border and undermine the Mexican auto industry The Electoral College Was Meant to Stop Men Like Trump From Being President Meet the People Hanging Out in Donald Trump’s Lobby Krugman: Trump is going to bring about 'an era of corrupt governance unprecedented in US history' Is Donald Trump's Flexible World View a Minus or a Plus? Why Trump's popularity is rising 'Hail Trump!': White Nationalists Salute the President Elect Ex-Bush aide: Bannon-Priebus setup does not seem ‘traditional or workable’ To keep up with Trump’s conflicts of interest, you need to read the international press Bernie Sanders roils Trump's infrastructure blueprint: 'The plan he offered is a scam' What Trump voters want is economic power for themselves, not more taxes on the rich Donald Trump's Closest Advisers Are His Own Kids Trump is taking advice on the future of the environment from a man who denies basic science Trump Talks With Gingrich, Perry as Transition Progresses Trump advisor accidentally reveals hardline immigration plans to photographers Trump reportedly explodes at media bigwigs in off-record meeting Trump’s Call for ‘Equal Time’ on SNL is Just ‘Preposterous’ Trump outlines policy goals in first major public comments since election
(DBN)

New York City spending more than $1 million per day on Donald Trump, report says
(DBN)

Hillary Clinton poised to win the popular vote in a massive landslide
(DBN)

Obama Suggests He’ll Break With Tradition to Help Dems Stop Trump’s Overreach
(DBN)

'Hamilton' actor Dixon: 'There's nothing to apologize for' after lecturing Pence
(DBN)

How the Vote Broke, in Historical Perspective
(DBN)

Mike Pence's Lawyers Are Expected to Argue Against Emails Case
(DBN)

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Autos:

Takata Narrows Buyer Bids to Autoliv, Key Safety Systems
(DBN)

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Personal Finance:

How much to tip everyone in your life for the holidays, from your landlord to the mail carrier
(DBN)

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Travel:

12 tips to get you through the airport as quickly as possible
(DBN)

These are the 10 airports that will most likely have the worst Thanksgiving travel delays
(DBN)

Gold Star Family Booed by American Airlines First Class Passengers
(DBN)

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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 (8 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:

Weekly Bankruptcy Claims Trading Activity
(DBN)

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Interest:

Secured Creditors are Rejoicing over the Ninth Circuit's Decision Overruling Costly Precedent
(DBN)

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Settlements:

Stormy Seas for Indenture Trustees and Bondholders Settling Claims in Bankruptcy
(DBN)

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Make-Whole:

Third Circuit Rules Make-Whole Provisions Enforceable in the Energy Future Bankrupt
(DBN)

Third Circuit Recognizes Validity of Prepayment Premiums with Automatic Acceleration in Its Reversal in Energy Future Holdings
(DBN)

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Setoff:

Delaware Supreme Court Addresses Recoupment and Setoff
(DBN)

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Mediation:

Federal Circuit Leads-the-Way for Holdouts Adopting Local Mediation Rules
(DBN)

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DIP Finance:

Do Economic Conditions Drive DIP Lending?: Evidence from the Financial Crisis
(DBN)

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Safe Harbors:

FTI Roundup
(DBN)

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Tax:

Bitcoin Exchange 'Extremely Concerned' With IRS Effort to Identify Users Coinbase fights IRS efforts to obtain customer records
(DBN)

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Banking:

Florida Banks: Beware of Eleventh Circuit Decision Implications
(DBN)

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Consumer Bankruptcy:

Linking Pyramid Schemes (aka Multilevel Marketing Companies) and Consumer Bankruptcy
(DBN)

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Fraud:

Judges No More Interested In Restoring Rajat Gupta’s Good Name Than They Were His Freedom
(DBN)

The Enduring Scandal of Trump University
(DBN)

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Student Debt:

Student Loans to Advance a Career Are Classified as Non-Consumer
(DBN)

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Gambling:

Caesars bankruptcy heads to showdown with U.S. watchdog
(DBN)

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Corporate Reform:

CFPB can pursue middleman for payday lenders, federal judge rules
(DBN)

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Shipping:

Hanjin Sells Pacific Business to Korea Line
(DBN)

'Political blundering over economic sense': Hanjin's demise attacked
(DBN)

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UK:

Brexit: Hard Landing/Soft Landing or Down the Rabbit Hole: What’s Ahead?
(DBN)

Goldman boss who advised Sir Shifty on selling BHS to former bankrupt Dominic Chappell quits after 30 years
(DBN)

Over half of councils targeting debtors’ homes to recover unpaid tax
(DBN)

Banker’s ‘Work-Related’ Suicide Brings State Payout for Daughter
(DBN)

Richard Branson is bankrolling a secret Blairite campaign to thwart Brexit
(DBN)

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PIIGS:

Abengoa asks U.S. court to prevent lawsuits by rebel cred
(DBN)

Greece: 'Substantial convergence' in talks with creditor envoys
(DBN)

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Canada:

BC Supreme Court Holds that RDSP Funds Cannot Be Seized by Trustee-in-Bankruptcy for Payment to Creditors
(DBN)

Canada Wholesale Trade Falls 1.2% in September
(DBN)

Compromise cash collateral proposal recommended - Ontario seeking input
(DBN)

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Latvia:

Latvian football club Skonto has filed an insolvency application
(DBN)

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India:

Why Does it Take So Long to Resolve Debt Recovery Cases in India?
(DBN)

Draft rules for bankruptcy code finalized
(DBN)

Pain and gain for India's economy after drastic withdrawal of cash supplies
(DBN)

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Viet Nam:

Insolvency reform a priority: Chief Justice
(DBN)

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Taiwan:

Fate of TransAsia Airways hinges on board meeting: spokesman Taiwanese airline TransAsia shuts down after heavy losses After plane crashes, Taiwan's TransAsia seeks to wind down operations
(DBN)

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China:

GDP in debt-ridden rust belt fell 2.2 per cent in first nine months of the year; two other provinces record growth rates below national average
(DBN)

China's economy is rapidly rebalancing toward services
(DBN)

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