October 3, 2016

The Daily Bankruptcy News

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Law:

The Belles of the Ball: Bankruptcy Lawyers
(DBN)

Reed Smith’s New CFO: Taxes Are Biggest Challenge
(DBN)

Protest Planned for Scalia Law School Ceremony
(DBN)

Biglaw Gender Discrimination Case Gets To Name Calling Phase
(DBN)

EEOC To Sue Denver Law School For Underpaying Female Faculty
(DBN)

Rimon Law Welcomes Bankruptcy Attorney to its Seattle Office
(DBN)

Are millennials job hoppers? In-house lawyers vary on the answer based on their generation
(DBN)

Law Firm Mergers Hold Steady in 2016, Driven by Smaller Deals
(DBN)

Kentucky Bar Passage Rates Crater: UK, Louisville Down 15%, 20% Since 2011
(DBN)

How Artificial Intelligence and Technology Is Changing the Practice of Law Law ahead of other sectors in AI adoption and ambition
(DBN)

Review: iPhone 7
(DBN)

5 problem-solving skills that can help professionals in any field get ahead
(DBN)

Girlfriend of Charlie Adelson, and mother of hit man's children, arrested in connection with murder of Dan Markel
(DBN)

Los Angeles Cop Fatally Shoots Black Teen, Sparking Protest and Investigation
(DBN)

Dash-cam video shows Sacramento police trying to run over a mentally ill man before fatally shooting him
(DBN)

Opposition to the death penalty is at its highest point since 1972
(DBN)

Pennsylvania supremes allow suit alleging inadequate funding for public defender office
(DBN)

Former general counsel pleads guilty to robbing bank; he had been out of work
(DBN)

Partner Leaves Prestigious Biglaw Firm To Become Division III Football Coach
(DBN)

Harvard law grad pleads guilty to kidnapping in case once considered a hoax
(DBN)

Corporate Lawyer The Sole Fatality In Hoboken Train Crash In-House Legal Worker Killed in Hoboken Train Collision
(DBN)

Florida Supreme Court approves mandatory tech CLE classes for lawyers
(DBN)

London lawyers hit with a holiday ban
(DBN)

Gunmen Tie Up Kardashian, Steal $10M
(DBN)

Christie Disclosed Secret Grand Jury Testimony, Witness Says Bridge Evidence Points to Others: Why No Charges?
(DBN)

9/11 Families May Not Be Able to Sue Saudis After All
(DBN)

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Judges:

“It helps to sometimes be a little deaf:” a great piece of advice from Ruth Bader Ginsburg
(DBN)

Supreme Court Aims for a Boring Term
(DBN)

Alabama chief justice is blocked from office for a second time The Trial of Roy Moore Roy Moore’s judicial career may be over
(DBN)

What Election 2016 Could Mean For The Supreme Court Divided Supreme Court opens new term that could bring historic shift What’s a shorthanded Supreme Court likely to do in its new term? Maybe nothing Supreme Court in holding pattern, awaiting ninth justice U.S. Supreme Court returns to work with glaring vacancy
(DBN)

Take Your Judges As They Are
(DBN)

GOP Admits Obama Judge Count Is More Important Than Fixing Judicial Crises How Barack Obama Lost the Judicial Nomination Standoff
(DBN)

Secret Money Floods Judicial Elections
(DBN)

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Wall Street:

 

U.S. stocks close higher as Deutsche Bank worries taper
(DBN)

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Layoffs:

Would Sears Bankruptcy Cost Tens Of Thousands Of Jobs?
(DBN)

ING Plans Thousands of Job Cuts
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Celebs:

Creditors aren't laughing at insult comic's bankruptcy filing
(DBN)

Bankrupt Billionaire Sam Wyly, Family Settle SEC Fraud Suit Sam Wyly to Pay $198.1 Million to Settle SEC Legal Battle
(DBN)

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Orchestras:

Once bankrupt, orchestra strikes new chords
(DBN)

Philly orchestra walks out on gala concert
(DBN)

Black Friday for orchestras — three strikes, and music’s out
(DBN)

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Pharma:

Valeant Can Go Bankrupt
(DBN)

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Autos:

Japanese Creditors Oppose Takata Seeking Bankruptcy Protection
(DBN)

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Food/Beverage:

Food Wholesaler AWI's Ch. 11 Estate Wins Plan Confirmation
(DBN)

Restaurant Industry, Leading Indicator of US Economy Sours, Bankruptcies Pile up
(DBN)

Restaurant Performance Index decreased in August
(DBN)

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Debt Collection:

In Major Settlement, States Gang Up to Strike Deal with Soldier-Suing Company 50 Attorneys General Reach $95 Million Settlement
(DBN)

Ditech Financial fined $1.4 million for "abusive debt collection practices" in Massachusetts
(DBN)

Advocates Disappointed Private Debt Collectors Will Begin Collecting Federal Tax Debts
(DBN)

Warren joins complaints against debt collection practices
(DBN)

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Lehman:

Banks Press Lehman For Billions Of Dollars In RMBS Claims Lehman Estate Settles Claims By RMBS Insurer and Trustee
(DBN)

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Travel:

Flight attendants share the 21 things they wish passengers would stop doing
(DBN)

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Banking:

U.S. Charges Drug Executive Over Loans That Helped Fell Bank
(DBN)

Illinois to Yank Billions from Wells Fargo Wells Fargo made me work overtime -- without extra pay
(DBN)

Judge throws out three FDIC lawsuits over soured mortgage debt
(DBN)

Unofficial Problem Bank list declines to 177 Institutions
(DBN)

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Fraud:

September 2016 Ponzi Scheme Roundup
(DBN)

Ex-CEO charged in $100M fraud scheme
(DBN)

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Economy:

Consumer sentiment sees uptick in September
(DBN)

Personal Consumption Expenditures Dipped in August
(DBN)

What immigrants mean for our economic future
(DBN)

Negative-Yield Debt Resumes Surge, to Almost $12 Trillion
(DBN)

Over a billion people have been lifted out of poverty since 1990, but the next billion will be harder
(DBN)

Here are the top jobs in the next decade
(DBN)

8 Facts to Show If You're Middle Class
(DBN)

Personal Income increased 0.2% in August, Spending increased less than 0.1%
(DBN)

US Debt Clock
(DBN

World Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Colder than a Landlord's Heart? Reconciling a Debtor's Authority to Sell Property Free and Clear of a Lease Under Bankruptcy Code Section 363(f) with the Tenant's Right to Remain in Possession on a Lease Rejection Under Bankruptcy Code Section 365(h)
(DBN)

This chart proves homeowners are getting better at paying their mortgage
(DBN)

REOs hit lowest point since 2007
(DBN)

Mortgage Rates "Near All Time Lows"
(DBN)

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Municipalities:

Atlantic City's fiscal gamble could end in bankruptcy
(DBN)

Police Misconduct Action Halted by San Bernardino's Bankruptcy
(DBN)

Puerto Rico Control Board Names Carrion Chair Amid Protests
(DBN)

Puerto Rico governor aims to present turnaround plan in two weeks
(DBN)

Chicago's Struggling Schools Made Wall Street $110 Million
(DBN)

Municipal Borrowing Costs and State Policies for Distressed Municipalities
(DBN)

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Oil/Gas:

Oil prices slip as focus shifts to details of OPEC deal The OPEC 'Deal': What It Really Means An OPEC Output Cut Not Likely to Alter Oil Imbalance OPEC blinks. What will it mean for U.S. shale drillers? Smoke And Mirrors: What Did OPEC Really Agree On?
(DBN)

US Oil Demand Falls for 1st Time in Six Months
(DBN)

What Will It Take For Saudi Arabia To Push Oil Towards $100?
(DBN)

Oil futures look to a gain for the month, but down for the quarter
(DBN)

The Mysterious Case of Big Oil's Disappearing Barrels
(DBN)

Energy companies dispatch 11 more rigs to U.S. oil patch
(DBN)

Since January 2015, 100+ US and Canadian producers have declared bankruptcy; $67 billion in debt
(DBN)

How Texas ingenuity turned the tables on OPEC, made the U.S. an energy powerhouse and slashed oil prices
(DBN)

Market Gyrations Don't Kill The Oil Business, They Make It Stronger
(DBN)

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Politics:

Donald Trump's Taxes Five big questions from Trump's tax-return revelations The Most Shocking Part of Trump's Tax Return Can Trump create millions of jobs? Don't bet on it Trump imitates Clinton's health scare and says she 'should be in prison' in wild rally Mark Cuban: Trump will go bankrupt in seven years if he loses Giuliani says Trump is better for the US 'than a woman' Searching for the Black Trump Supporter Trump Goes After Clinton’s Leaked Comments About Sanders Supporters 'What a nightmare': Top Republicans aren't too happy with the Trump campaign Trump's NAFTA Mistakes Are Huge Donald Trump's Tax Numbers Sharpen Focus on Treatment of Losses Report of Trump's $916 Million Loss on 1995 Taxes to Intensify Focus on His Returns Giuliani Says Trump a 'Genius' in 1995 Tax Return, Sanders Says It's Outrageous Leaked Donald Trump Records Show He May Not Have Owed Taxes for Years The Internet Can’t Stop Talking About the #LastTimeTrumpPaidTaxes Half of Trump Backers Don't Trust Vote Count The $916 Million Loss Hiding in Trump's Tax Returns Donald Trump misplayed his tax hand — badly What IRS data shows about how far Trump pushed tax rules in 1995 Donald Trump's 1995 Return: What The New York Times Missed Did Trump misuse $258,000 from his own charity? Tax Profs Weigh In On The Trump Foundation's Tax Issues Trump Pleaded The Fifth 97 Times To Avoid Admitting To Adultery Donald Trump: Hillary Clinton May Not Be ‘Loyal to Bill’ Donald Trump Attacks Hillary Clinton On Her Marriage Why Trump wants his supporters to monitor the polls in 'certain areas' Alec Baldwin nails Donald Trump’s debate performance in SNL cold open Trump country: why Democratic strongholds are turning red
(DBN)

NYT Paid No Taxes In 2014 How The Left (NY Times) And Right (WSJ) View Sunday's Trump Tax Tempest Trump Claims The New York Times 'Illegally' Published His Taxes. We Investigate If That's True. The New York Times Likely Broke Law by Publishing Trump’s Taxes. Free Speech is No Excuse.
(DBN)

Trump Taps Kasowitz Amid Times Tax Drama
(DBN)

Hillary Clinton’s Campaign Mocks Donald Trump’s Appearance in Playboy Video Hillary’s Red Army march of tax-hike destruction Hillary Clinton may be luring older voters away from the GOP Clinton calls for protecting children after most recent wave of shootings Hillary Clinton campaign trolls Trump with 3 a.m. tweetstorm of its own Clinton's Former Prosecutor Endorses Her for President
(DBN)

Trump, Clinton Travel Records Show Core Battlegrounds
(DBN)

Curt Schilling says he’s serious about politics, may take on Elizabeth Warren
(DBN)

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Coal:

A Curious Plan to Fight Climate Change: Buy Mines, Sell Coal
(DBN)

Mine Owner’s “Greener” Coal Plan Falls Short of Expectations
(DBN)

What The Coal Industry Can Learn From Kodak
(DBN)

Southern Coal reaches agreement with EPA over fines
(DBN)

Economic realities of Montana coal
(DBN)

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Solar:

Could Bank Of America Be On The Verge Of Bailing Out SunEdison?
(DBN)

Brookfield Said to Shun Auction for SunEdison’s TerraForm Power
(DBN)

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Shipping:

Cos. Brace For Litigation Wave As Hanjin Bankruptcy Unfolds
(DBN)

19 crew members still onboard arrested Hanjin ship
(DBN)

Another Shipping Insolvency: Rickmers Maritime Trust
(DBN)

Kawasaki Heavy Tumbles Most in Eight Years on Profit Outlook
(DBN)

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Religion:

Harassment Lawsuit: Diocese of Stockton Begins a Legal Battle
(DBN)

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Retailing:

Chapter 11 Watch: Cosi Files, But Are Sears, Claire’s Next In Line?
(DBN)

Rebel Teens Are Killing America's Clothing Giants
(DBN)

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Rail:

‘Multiple bids’ made in auction for Montreal, Maine and Atlantic Railway assets
(DBN)

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Gambling:

Apollo, TPG reach deal with Caesars creditors that hurts investors
(DBN)

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Metals:

Glencore's former No. 2 aluminum trader buys bankrupt US smelter
(DBN)

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Personal Finance:

The Economics of Dining as a Couple
(DBN)

Is Your Relationship With Money Strangling Your Dreams?
(DBN)

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Healthcare:

Minnesota Hiking O.Care Premiums at Least 50%
(DBN)

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New Bankruptcy Opinions
(22 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (30 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (91 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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Torts:

Extra-Contractual Claims By Bankruptcy Trustee Barred
(DBN)

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Lien Stripping:

Lien Can Be Stripped Even Though Non-Debtor Ex Liable for Debt
(DBN)

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Discharge:

Prisoner Can Discharge Incarceration Costs in Bankruptcy
(DBN)

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Claims:

Attempt at Reviving Frenville Fails in Delaware
(DBN)

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Structured Dismissal:

How Absolute Is the Absolute Priority Rule in Bankruptcy ? The Case for Structured Dismissals
(DBN)

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Avoidance Actions:

Extraterritorial Avoidance Actions: Lessons from Madoff
(DBN)

The Avoidance of Pre- Bankruptcy Transactions: An Economic and Comparative Approach
(DBN)

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Intercreditor:

Rules of Thumb for Intercreditor Agreements
(DBN)

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In Pari Delicto:

Equity's Leaded Feet in a Contest of Scoundrels: The Assertion of the in Pari Delicto Defense Against a Lawbreaking Plaintiff and Innocent Successors
(DBN)

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Media:

Gawker Says Travelers Can't Sue Over Coverage In Hogan Row
(DBN)

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Pensions:

PBGC asks to run Hancock pension plan
(DBN)

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UK:

U.K.'s Theresa May Plans to Trigger Article 50 by End of March Theresa May's grand plan to deliver Brexit could be a lot more complicated than people think UK's Hammond says Britain needs new economic plan after Brexit vote May to Pull Brexit Trigger by March But Most Issues Unresolved
(DBN)

Southampton partner promotion at Begbies Traynor
(DBN)

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PIIGS:

Spain's Abengoa posts 3.7-bn-euro first half loss
(DBN)

What's Derailing Greece's Plan to Sell State Assets? Its Own Government
(DBN)

Debt standoff leaves Greece at risk
(DBN)

Milan court sends bankers to trial over Monte dei Paschi trades: Legal sources
(DBN)

Senior Italian bankers to meet Monday over sale of four banks: sources
(DBN)

Monte Paschi’s Junior Bonds Set to Be Paid Before Debt Swap Plan
(DBN)

Where is the IMF on Greece?
(DBN)

Portugal's Debt Worst Performer in Developed Markets
(DBN)

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Canada:

Canada's Big Bet on Stimulus Draws Global Attention
(DBN)

Debtor In Possession In Financing (DIP) In Canada
(DBN)

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India:

Government Appoints Four Nominees To Insolvency And Bankruptcy Board
(DBN)

Sahoo takes charge as Insolvency and Bankruptcy Board chief
(DBN)

With Raghuram Rajan gone, idea of ‘bad bank’ is back on policy table
(DBN)

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Australia:

Tobacco king Travers ‘The Candyman’ Beynon out to bankrupt nanny
(DBN)

Secured Creditors Beware: How to Avoid Surrendering a Security in Liquidations
(DBN)

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MENA:

A UAE bankruptcy law is welcome, but business gains will take some time
(DBN)

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Brazil:

Brazil risks ' bankruptcy ' if reforms not passed: president
(DBN)

NII Holdings Unlikely To Pay Off Debt This Year, Another Bankruptcy Possible
(DBN)

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China:

Creditors seek bankruptcy restructuring for Dongbei Special Steel
(DBN)

Moody's: Bankruptcy of Dongbei Special Steel points to more market-oriented approach to resolving SOE debt problems
(DBN)

PJT Partners to step down as financial advisor to Brazil's Oi: sources
(DBN)

New era dawning for indebted SOEs
(DBN)

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Germany:

Deutsche Bank won't go belly up, but it's not out of the woods
(DBN)

Deutsche Bank, U.S. DOJ Continue to Discuss Mortgage-Securities Settlement Obama's Political Bank Run Hedge Funds Pile In to Bets Against Deutsche Bank Who’s afraid of the big, bad Deutsche Bank? Why a Deutsche Bank bust wouldn’t be as bad as Lehman’s Wheeler: Deutsche’s Collapse Would be Worse Than Lehman’s Deutsche Bank Puts Safeguards to the Test Deutsche Bank: death would be too simple What Deutsche Bank’s Troubles Tell Us about the Health of Europe’s Banking System Deutsche Bank Can Only Say So Much Deutsche Bank Might Only Have To Pay The DOJ 5.4 Billion Dollars A Deutsche Bank Stress Signal Reemerges as Credit Curves Invert Deutsche Bank Charged Over Paschi Accounts as Legal Hits Mount What Should and Shouldn't Worry Us About Deutsche Bank
(DBN)

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Venezuela:

China is Cutting off Cash to Venezuela
(DBN)

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Russia:

What's New in Yukos v. Russia? The Truth
(DBN)

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Nigeria:

Nigeria: Sound Insolvency Regime, Key Factor for Development
(DBN)

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