October 7, 2016

The Daily Bankruptcy News

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Due to the Columbus Day holiday, The Daily Bankruptcy News will not publish on Monday, October 10, 2016



Law:

Law Firm Mergers See Major Dip in Third Quarter Big Law Mergers Are Down, But Are They Out?
(DBN)

GCs muse over the future of law firms
(DBN)

Burr & Forman Opens Delaware Office with Veteran Attorney to Bolster Creditors’ Rights and Bankruptcy Practice
(DBN)

Sidley Austin poaches Kirkland & Ellis restructuring lawyer
(DBN)

Which law school offers grads the best job prospects? Princeton Review issues its 2017 rankings Which Law School Has The Best Career Prospects? (2017)
(DBN)

Ken Starr’s Defense Of His Baylor Tenure Is… Not Compelling
(DBN)

5 Tips For Improving Law Firm Profitability
(DBN)

Are You Too Busy?
(DBN)

White & Case partner breaks up bar brawl
(DBN)

White & Case Ranks No. 1 on Global Deals Through Q3
(DBN)

This is your captain speaking: Pilots can provide lessons for lawyers
(DBN)

The Fine Line Between Flirting And Begging For A Job
(DBN)

Wendi Adelson On Her ‘Ill-Fated Romance’ With Dan Markel
(DBN)

Dentons launches global referral network
(DBN)

Law School’s Abysmal Bar Exam Pass Rate Improves To… 23.1 Percent
(DBN)

Law Schools Agree: There Are Too Many Law Schools
(DBN)

Firm blocks computers of its own lawyers
(DBN)

Florida Is First State to Require Technology CLEs
(DBN)

Four Big Law Firms in Court (Docket Scanner)
(DBN)

Small Firms Struggling to Take the Technology Leap
(DBN)

Trump supporter Giuliani takes leave from his BigLaw firm until campaign ends Rudy Giuliani Taking A Break What is going on with Rudy Giuliani? Partner Says Giuliani Initiated Leave from Greenberg Traurig Giuliani's Leave From Firm Highlights Lobbying Tightrope in Divisive Election
(DBN)

Exonerated inmate’s $20M settlement is marital property in divorce, appeals court says
(DBN)

SCOTUS appears likely to rule for inmate whose expert said race could predict violence
(DBN)

Lawyer denies brandishing his gun during a deposition; court reporter kept typing in tense situation
(DBN)

Documentary ‘Amanda Knox’ Raises More Questions Than Answers
(DBN)

Partner turns up in associate's hotel room
(DBN)

Lawyer is ordered to pay $1.75M in punitive damages for alleged meritless suit
(DBN)

Despite Prior Testimony, Ammon Bundy 'Can't Remember' Occupying Oregon Refuge
(DBN)

One-Word Email Upends Christie Staffer's Denials on Bridgegate
(DBN)

New Amazon Show Asks If Big Law Is Too Big?
(DBN)

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Judges:

How A New York State Supreme Court Justice Uses Technology
(DBN)

Six justices turn out for dedication of Antonin Scalia Law School
(DBN)

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Wall Street:

U.S. stocks face sluggish start in countdown to jobs data
(DBN)

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Layoffs:

Layoffs Watch ’16: Deutsche Bank Is Going To Go And Ax An Extra Thousand Employees
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Magazines:

Parent Company Of LGBT Magazines Next, Frontiers Files For Chapter 11 Bankruptcy
(DBN)

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Celebs:

'RHONJ' star Teresa Giudice agrees to split potential malpractice reward with creditors
(DBN)

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Mining:

Bankruptcy court clears way for Magnetation shutdown Bankruptcy court approves settlement that will end Magnetation's operations
(DBN)

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Tech:

Tablet Co. Sold To Mattel To Poll Creditors On Ch. 11 Plan
(DBN)

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Shipping:

Empty Hanjin Containers Pile Up, Causing Headaches
(DBN)

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Lehman:

Judge Skeptical Of Interest Demand In Lehman Bros. Dispute
(DBN)

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Media:

Fate of Embattled Gawker Website Still Uncertain
(DBN)

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Distressed Investing:

Jack Butler announced as CEO of Birch Lake Holdings LP
(DBN)

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Economy:

Weekly Initial Unemployment Claims decline to 249,000, 4-Week Average Lowest Since 1973
(DBN)

US nonfarm payroll job growth seen pushing case for Fed rate hikes
(DBN)

Goldman's September NFP Preview
(DBN)

Investors and economists appear to be expecting two different jobs reports
(DBN)

Most American workers see this as the biggest threat to their jobs
(DBN)

Consumer Loan Delinquency Rates Continue to Improve
(DBN)

An American Brexit is Coming
(DBN)

America's 15 Fastest Shrinking Corporations
(DBN)

World Needs $90TN Infrastructure Overhaul
(DBN)

US Debt Clock
(DBN

World Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Bankruptcy Homeowners Cannot Surrender Residence in Bankruptcy and Later Fight Lender’s Foreclosure
(DBN)

Richmond: Tiber auction underway
(DBN)

Denver-area firm purchases bankrupt Colorado Crossing project in Colorado Springs
(DBN)

Phoenix Real Estate in September: Sales up 6%, Inventory up 3% YoY
(DBN)

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Municipalities:

Atlantic City Avoids Repaying New Jersey Loan But Loses Aid
(DBN)

US state public pension unfunded liabilities to hit $1.75 trillion: Moody's
(DBN)

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Oil/Gas:

Oil settles above $50 a barrel for first time since June How oil companies can make money at $50 a barrel $50 Oil: $312 Billion Windfall
(DBN)

Ultra's Collateral-Free Bankruptcy Leaves Lenders Confounded
(DBN)

Samson Resources Urges Plan Mediation but Creditor Panel Balks
(DBN)

OPEC: Who's Going to Sacrifice Output?
(DBN)

Murphy Energy, owner of Port Hudson natural gas terminal, files for bankruptcy
(DBN)

Colorado energy company emerges from bankruptcy, will move HQ to Dallas
(DBN)

E&P company emerges from bankruptcy, shuts down Houston office
(DBN)

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Bankruptcy Crimes:

Westmoreland County man to be resentenced for hiding bankruptcy assets
(DBN)

Former Monarch Mortgage CEO to plead guilty to bankruptcy fraud
(DBN)

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Politics:

Trump’s own bankruptcy lawyers say he lies so much they could only meet with him in pairs 'Trump's Money Woes Detailed in 1990 People Cover Trump Leads Clinton in Tennessee 30 More Ex-GOP Congressman Against Trump Trump’s Lounge Act Grows Stale Conservatives Should Fear a Trump Fed New York Times Rates 61 of Trump's Businesses Trump's name officially exiting a beleaguered Atlantic City Trump Surrogate Enjoying Thrill Of Not Knowing What She Going To Be Defending Minute To Minute :) The Relationship Between The Trump Foundation And Trump’s Tax Returns Trump’s Tax Strategy Seen Turning Unpaid Debt Into Benefit Mega-Donor Behind SuperPAC Accused of Having ‘De Facto Control’ of Trump Campaign Trump personally lobbied Congress to give real estate developers bigger tax breaks The Tangled History of Business-Loss Tax Write-Offs Trump says 70 percent of federal regulations 'can go' Donald Trump Says He ‘Called’ the ’08 Crash. Here’s What Really Happened
(DBN)

How Hillary Clinton And Donald Trump Would Tax The 1 Percent
(DBN)

Washington Post-ABC News: Hillary Clinton’s Unpopularity Hits Record High And Majority of Women Now Hold Unfavorable Views Clinton Went to Bat for Chevron The election’s over — Hillary Clinton won
(DBN)

Pence and the Year of Disinformation
(DBN)

10 Mega-Donors Put $1.1 Billion into Election
(DBN)

Oh No! Not Rudy's Daughter
(DBN)

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Food/Beverage:

Logan’s Roadhouse memo reveals bankruptcy exit strategy
(DBN)

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Celebs:

Police probe Kim Kardashian's bankrupt body guard Pascal Duvier
(DBN)

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Weather:

South Florida Legal Community's Reaction to Hurricane Matthew
(DBN)

Law Schools in Southeast Shut Down as Hurricane Closes In
(DBN)

Fundamentalists Declare Hurricane Matthew To Be Divine Punishment
(DBN)

Hurricanes and Weekly Unemployment Claims
(DBN)

Fox News on Hurricane: You and Everyone You Know are Dead
(DBN)

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Religion:

N.Y. Archdiocese Panel to Compensate Abuse Victims
(DBN)

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Gambling:

Caesars wants holdout hedge fund to pay bankruptcy trial costs
(DBN)

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Agriculture:

Clawback lawsuits begin in Turner Grain bankruptcy case
(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 (18 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (5 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:

Total chapter 11 filings reporting over $10M in debt by sector for 2016 YTD, led by energy, consumer discretionary and financials
(DBN)

Sept. Business Bankruptcy Filings Up 28 Percent over 2015
(DBN)

Business Bankruptcies Soar 38%
(DBN)

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Jurisdiction:

The Divide Between Maritime And Bankruptcy Jurisdiction
(DBN)

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Retailing:

Worldwide Golf eyes U.S. assets of bankrupt chain Golfsmith -sources
(DBN)

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Corporate Reform:

High Court Justices Voice Support for Insider-Trading Case
(DBN)

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TBTF:

Greenberg Steps Down From Witness Stand, Without Much Drama
(DBN)

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Fraud:

Corzine Set to Reach a $5 Million CFTC Deal on MF Global
(DBN)

Lynn Tilton Just Can’t Stop Suing the SEC
(DBN)

Indian call center employees posing as the IRS may have bilked Americans out of millions
(DBN)

Fitch: Wells Fargo Should’ve Pulled A Goldman And Screwed People Over In An Esoteric Fashion
(DBN)

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Education:

ITT Tech Campuses Up for Sale in School's Bankruptcy
(DBN)

What Brought Down ITT Tech
(DBN)

Illinois students who attended Regency Beauty Institute may be eligible for loan forgiveness
(DBN)

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Indentures:

Court Ruling May Broaden Noteholders' Ability to Receive Redemption Premiums Following Indenture Defaults"
(DBN)

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Aviation:

Airbus net orders fall as it draws line under Kingfisher failure
(DBN)

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Ch. 13:

Reimbursed Expenses Included in Calculating Median Income for Plan Duration
(DBN)

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Mediation:

Bankruptcy’s ADR Rules Have Changed Little Over the Past Century
(DBN)

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UK:

Flash crash sends British pound tumbling to a fresh 31-year low British pound's 'flash crash' caused by more than a 'fat finger': FX strategist
(DBN)

Scotland will Lose 80,000 Jobs Post-Brexit
(DBN)

___________

PIIGS:

Creditors at odds on Greek debt IMF, Germany Still at Odds Over Greece Debt as EU Sees Concerns
(DBN)

Paschi Said to Plan Debt-Swap Deadline Before Italian Poll
(DBN)

____________

Canada:

Nortel executives continue drawing bonuses years after bankruptcy
(DBN)

___________

India:

Jindal Steel Defaults On Debenture Interest Payments
(DBN)

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Germany:

Deutsche Bank capital-raising rumors swirl as shares push higher
(DBN)

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Australia:

Reviewing the Ratings
(DBN)

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India:

Govt issues draft regulations for insolvency professionals
(DBN)

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Azerbaijan:

Azerbaijan's Bank Standard declared bankrupt
(DBN)

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Copyright 2016