November 9, 2016

The Daily Bankruptcy News

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Law:

Cleary Gottlieb’s New Partner Class: Where Are The Women?
(DBN)

Law prof who wore blackface at Halloween party ‘wounded our community,’ university president says
(DBN)

Judge denies law prof’s request for bar-exam racial data
(DBN)

Lawyers may not use ‘web bugs’ to track email sent to opposing counsel, ethics opinion says
(DBN)

Squire Patton Boggs Elects New Global M.P.
(DBN)

Jones Day Staff Gives More To Clinton Than Client Trump
(DBN)

How Much Money Did Lawyers Contribute to the Presidential Election?
(DBN)

Can Lawyers Be Creative?
(DBN)

Why don't more law firms have back office support centres?
(DBN)

Post-Merger Rutgers Law School In 'Crisis' As 1L Enrollment Falls 31% From 2015 (62% From 2011) At Camden
(DBN)

Lawyers face substantial shortfall in pension savings, warns new research
(DBN)

The Bucket List For Law School Faculty
(DBN)

Can Law Firms Finally Let IT Go?
(DBN)

VW Plaintiffs Team Asks for $175M in Fees for Emissions Suit
(DBN)

Joe Arpaio , 'America's toughest sheriff,' loses reelection bid
(DBN)

Hundreds Honor Susan B. Anthony On A Day When ‘Herstory’ Could Be Made
(DBN)

Beyond Biglaw: Escape The Room
(DBN)

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Judges:

9th Circuit tosses arbitration decision because panel chair lied about being a lawyer
(DBN)

Delaware Judge at Center of Power Controversy Fights Lawsuit
(DBN)

Clinton, Obama, Garland, and the G.O.P.
(DBN)

Who Are the Possible Trump Supreme Court Nominees? We Break It Down
(DBN)

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Wall Street:

Stock futures are plunging
(DBN)

Markets Are Crashing Nothing Much To See Here. The Nikkei Is Down 4.5 Percent Your Move, Wall Street
(DBN)

S&P 500 spikes from the 200-day average, rallies to firmer technical ground
(DBN)

Commodities Jolted as Trump's Election Win Shocks Investors
(DBN)

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Layoffs:

Self-driving trucks aren't going to put drivers out of work — at least not yet
(DBN)

More layoffs at Noble Energy in Colorado, Texas
(DBN)

Frontier announces more layoffs
(DBN)

WSP Global - 450 this year
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Retailing:

CVS Warns of Prescriptions Shift, Shares Tumble on Profit Warning
(DBN)

American Apparel re-engages with potential buyers in bankruptcy deal: source Here's the Latest in American Apparel's Second Round of Bankruptcy Talks
(DBN)

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Autos:

Rental car giant Hertz is collapsing almost 50% after disastrous earnings
(DBN)

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Hedge Funds:

Hedge Funds Witnessed First Decline After 7 Months Of Gains
(DBN)

Strauss-Kahn Told to Pay Back $82,600 in Taxes for Failed Hedge Fund
(DBN)

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Personal Finance:

Former Wall Street executive Sallie Krawcheck reveals the 'bad' money advice she wishes people would stop taking
(DBN)

How to answer 8 tough job-interview questions without lying
(DBN)

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Music:

Apple raided a bankrupt startup to make Apple Music better
(DBN)

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Funeral Services:

StoneMor Downgraded To Junk Bond Status
(DBN)

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Food/Beverage:

Ex-USA Springs owner seeks to buy back property
(DBN)

Roadhouse Holding ready to exit from Ch. 11 bankruptcy
(DBN)

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Festivals:

Iowa Festival Up A Creek
(DBN)

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Economy:

High level of US job openings show many companies still eager to hire BLS: Job Openings increased slightly in September
(DBN)

Consumer Credit Rose in September
(DBN)

NFIB: Small Business Optimism Index increases in October
(DBN)

Report: Growing Personal Loan Balances Fuel Consumer Credit Markets
(DBN)

'They're desperate. It's a global bubble. And the markets believe they'll do anything to keep it going'
(DBN)

Treasurys are pricing in a Clinton win
(DBN)

Wilbur Ross: A '3rd term Obama' will lead to recession within 2 years
(DBN)

On election day, Fed official urges U.S. fiscal investment
(DBN)

The surprising way some retirees over 50 are earning income
(DBN)

CEOs love blaming the election for weak business
(DBN)

Americans are swimming in debt
(DBN)

The new low-wage reality for older Americans
(DBN)

US Debt Clock
(DBN

World Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

U.S. justices could allow Miami to sue banks over lending bias
(DBN)

Mortgage Modification Mediation (“MMM”) . . . A Program Worth Adopting
(DBN)

Leading US subprime lender’s shares plunge nearly 40%
(DBN)

Hedge Fund Uses CDO Magic to Transform Fannie Mae Junk Debt
(DBN)

Remember Florida’s foreclosure crisis? Residents do as they head to the polls
(DBN)

Completed foreclosures reverse trend, increase
(DBN)

North Carillon Beach condo association files new suit against Z Capital Partners - Condo association had asked the federal bankruptcy court in NY to reopen the case
(DBN)

Las Vegas Real Estate in October: Sales up 5.5% YoY, Inventory down Sharply
(DBN)

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Municipalities:

Nestlé Draws Profits in Midst of Detroit Water Wars
(DBN)

PROMESA’s and Bankruptcy Code’s Automatic Stay Are Similar, Not Identical
(DBN)

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Oil/Gas:

Oilfield companies facing ‘wall of debt,’ hiking risks of bankruptcy, report warns
(DBN)

OPEC Boss Warns of Oil-Market Instability If No Deal on Output Negative consequences if Algiers accord not implemented
(DBN)

OPEC Says Oil Demand Could Peak Within 10 Years OPEC forecasts increased oil demand, slow rise in prices
(DBN)

OPEC Just Knocked $20 Off Its Oil Price Outlook OPEC’s Gloomy Long-Term Outlook For Oil Markets
(DBN)

After Pledging Cuts, OPEC Countries Pump Record Amounts of Oil
(DBN)

Wall Street cash gives shale drillers fuel for deals
(DBN)

EIA raises U.S. oil output forecasts for this year and 2017
(DBN)

Premier Oil makes 'progress' towards $2.6bn refinancing Premier Oil comments on market speculation
(DBN)

Pacific Drilling: The Wipeout Is Inevitable
(DBN)

Catching A Falling Knife: A Deepwater Buyout
(DBN)

Big Oil Looks Past Profit Crunch as Cash Flow Cues Recovery
(DBN)

Office Pileup Gets Worse in Houston
(DBN)

Oasis Petroleum reports $33 million loss in wake of falling oil prices and production
(DBN)

IMF: Oil's 'new normal' is going to cause a lot problems for the petrostates
(DBN)

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Politics:

It Happened He Shocks The World Trump Beats Clinton in Stunning Upset of Political Establishment Shocking Upset as Outsider Harnesses Voters’ Discontent The Trump Era Dawns Waking up to President Trump Former KKK leader David Duke: 'Our people have played a HUGE role in electing Trump!' HSBC: Here's what to expect from President Trump Mexican peso crashes to record low A Striver Who Defies the Rules and Odds Promise, and Fears, of a New World Order Trump Surges to Stunning Victory Watch: Trump’s Victory Speech 'Deplorables' Rise Up to Reshape America Donald Trump's journey a tale of wealth, hard work and controversy Trump rewrote political playbook in successful White House bid Donald Trump’s Revolt The Economic Fallout
(DBN)

For Clinton, A Monumental Upset And Stunning End 'A Terrifying Night': Paul Krugman goes on epic tweetstorm Clinton concedes, won't speak in morning
(DBN)

A ‘Dewey Defeats Truman’ Lesson for the Digital Age How Did Everyone Get It So Wrong? How Were the Pollsters So Wrong?
(DBN)

Republicans appear to maintain control of the Senate GOP projected to maintain control of House
(DBN)

Hillary Clinton and Donald Trump Battle to the End After a Long and Bitter Campaign, Voters Get Their Say
(DBN)

Americans overwhelmingly said yes to marijuana on Election Day
(DBN)

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New Bankruptcy Opinions
(5 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (23 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (20 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:

October Total Chapter 11 Business Filings Since 2010
(DBN)

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Pharma:

Valeant Shares Plunge as It Slashes Guidance Again A major Philidor strategy is very much alive and well at Valeant Valeant used one simple strategy to get insurers to pay for a $1000 drug with $100 alternatives Valeant is getting decimated Valleant Credit Looking Worse than Ever
(DBN)

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Corporate Reform:

Fate of 'too big to fail' rule and Sen Warren's consumer watchdog riding on Senate outcome
(DBN)

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Debt Collection:

The Ninth Circuit Holds That Enforcing A Security Interest Is Not Necessarily Debt Collection
(DBN)

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Celebs:

NeNe Leakes’ Secret Bankruptcy Filing Revealed
(DBN)

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Gambling:

N.J. voters overwhelmingly reject North Jersey casino proposal
(DBN)

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Aerospace:

Orbital ATK's delayed financial reporting shakes creditors
(DBN)

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Consultants:

Jay Alix leads group of investors in buying out CVC stake in AlixPartners
(DBN)

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UK:

American Apparel UK business goes into administration American Apparel's UK Arm "Being Sold to an Undisclosed Buyer"
(DBN)

Britain Panics :)
(DBN)

Jobs go as building contractor enters administration
(DBN)

'The shocks will come' - law firms urged to adjust ahead of Brexit profit squeeze
(DBN)

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PIIGS:

Greece: OECD makes hundreds of recommendations
(DBN)

Spanish court signs off on Abengoa restructuring deal
(DBN)

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Brazil:

Société Mondiale says it will respect decision barring it from Oi board
(DBN)

Brazil's Anatel to monitor Oi board meetings after barring members
(DBN)

Brazil suspends Oi board members tapped by Société Mondiale
(DBN)

____________

Ukraine:

Ukraine parliament inaction puts $1.3 billion IMF loan at risk - central bank chief
(DBN)

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India:

Global lenders may sue Essar over oil business deal
(DBN)

Lenders meet today to review HCC's debt rejig plan
(DBN)

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Venezuela:

Venezuela Still Dodging Creditors
(DBN)

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China:

Ominous Sign for China Debt as Cash Crunch Bites
(DBN)

The Great Wall Of Debt
(DBN)

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Lithuania:

Which debts of insolvent company are the CEO’s responsibility
(DBN)

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Mexico:

Mexico's worst nightmare is suddenly in play, and it's trying to prepare
(DBN)

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Copyright 2016