September 8, 2016

The Daily Bankruptcy News

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Law:

Working At Chadbourne While Suing Chadbourne for $100M
(DBN)

Biglaw Firm Announces Mass Layoffs, Almost 200 Left Jobless
(DBN)

K&L Gates After Peter Kalis’s Reign
(DBN)

Nelson Mullins Adds Bankruptcy Partner
(DBN)

Shook Welcomes Former AIG Associate General Counsel to Philadelphia Office As Co-Chair Of Bankruptcy and Creditors' Rights Group
(DBN)

Are You a Rich Lawyer? You May Not Be Rich Enough for J.P. Morgan JPMorgan decision on minimum level of assets for premium service hits lawyers hard
(DBN)

Law School Celebrates Worst Bar Exam Results In Nearly 10 Years
(DBN)

What if Associates Donated a Sliver of That Big Salary Raise to Legal Aid?
(DBN)

Greenberg Traurig’s New Cabinet of Advisors
(DBN)

Many millennials are very uncomfortable about conversations, preferring to text and/or email
(DBN)

Rural States See Massive Drop In Bar Examinees
(DBN)

Why It Is A Bad Idea To Accept And Pay Referral Fees
(DBN)

Lawyer’s Response To His Child’s Teacher Is Everything Wrong With Lawyers
(DBN)

Martindale-Hubbell, Nolo launch legal marketing network
(DBN)

Why lawyers will love the iPhone 7 and new Apple Watch iPhone 7 Vs iPhone 7 Plus: What's The Difference? There are two reasons (and only two) to buy the iPhone 7 Apple wants you to believe design is different on iPhone 7 Wall Street’s Gonna Wait For The iPhone 8 The iPhone 7 reveal has me seriously considering leaving Apple for Android 11 things everyone is going to love about Apple's iOS 10 Apple just got rid of the worst thing about the iPhone You'll Miss What You Don't Use on the New IPhone
(DBN)

J.J. Prescott: Go to court without leaving home
(DBN)

Bill Cosby is blind, according to his lawyers More than a dozen accusers could testify in Bill Cosby's sexual assault trial
(DBN)

Roger Ailes' Empty Lawsuit Is a Threat to Free Speech
(DBN)

Why Fox Moved Fast to Settle Carlson Lawsuit
(DBN)

Evidence dumped in room cleanup could affect more than a thousand cases
(DBN)

Because of Stupid Ethics Ruling, No Good Deed Goes Unpunished In Minnesota
(DBN)

Colin Kaepernick’s Protest Has Nothing to Do With the Military Sixteen Thoughts on Colin Kaepernick
(DBN)

What It’s Like to Practice Law in Japan as a Woman
(DBN)

FBI Says Man Robbed Bank Because He’d Rather Go to Jail than be Home With His Wife
(DBN)

Lawyer gets prison time for using trust accounts to transfer $12 million in client cash
(DBN)

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Judges:

Longtime bankruptcy judge Robert Martin retiring
(DBN)

Harry Reid has a plan to force action on Garland nomination; lawsuit has the same goal
(DBN)

Who Is Not Vocally Supporting The Nomination Of Merrick Garland To The Supreme Court?
(DBN)

What Clinton Won’t Say: Whether Garland Is Her High Court Pick
(DBN)

Court clerk at center of massive bribery scheme forged hundreds of records records for drunk drivers and others, prosecutors say
(DBN)

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Wall Street:

US stock futures tread water ahead of ECB meeting, jobless claims
(DBN)

Nasdaq turns higher, hits fresh all-time high; Beige Book eyed U.S. stocks mostly lower but Nasdaq ends at record high close
(DBN)

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Layoffs:

2 laid-off ITT Educational employees file federal lawsuit
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Shipping:

S. Korean shipper's bankruptcy crisis could affect US holiday sales
(DBN)

Lead Hanjin creditor signals new funds for shipper unlikely
(DBN)

There's now a fleet of ghost ships with no where to go after its owners went bankrupt
(DBN)

The ripple effect from the Hanjin Shipping bankruptcy
(DBN)

Hanjin clears bankruptcy hurdle, but key container ship might not get to Seattle
(DBN)

Who are the big losers from scuttling Hanjin Shipping?
(DBN)

Mammoth cargo ship under arrest off Long Beach due to Hanjin shutdown
(DBN)

Nike, Polo’s Marooned Suppliers Race to Meet Thanksgiving Rush
(DBN)

Hanjin bankruptcy puts as much as $14 billion in cargo in limbo Billions in Cargo Remains Stranded at Sea
(DBN)

P&I Priority Over a Ship Mortgage: Meet the New Crew Claimants
(DBN)

Hanjin Shipping Now Under U.S. Bankruptcy Protection: Options for Shippers and Intermediaries
(DBN)

Hanjin Shipping’s Collapse Puts 11,000 Jobs in Busan at Risk
(DBN)

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Student Debt:

Credit Unions Ramp Up Private Student Lending
(DBN)

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Education:

Was ITT Tech summarily executed?
(DBN)

Lawsuits Over ITT Shutdown Are Just Starting
(DBN)

ITT Tech’s Legacy: Angry Grads With Lots Of Debt
(DBN)

ITT Tech shutdown: Other colleges reach out to displaced students The ITT Tech shutdown: What we know Some students may be eligible for loan discharge after ITT closes 130 campuses
(DBN)

Other for-profit institutions face scrutiny after ITT Tech closure
(DBN)

ITT Tech Students Should Take Their Money And Run, Experts Say
(DBN)

The 'Institutional Ethnography' That Led to ITT Tech's Collapse
(DBN)

Bill Clinton’s $18 million job as “honorary chancellor” of a for-profit college chain, explained
(DBN)

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Hollywood:

'Disappointments Room': Relativity's Return From Bankruptcy Is Conspicuously Quiet
(DBN)

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Economy:

Job openings rise more than expected to a record high A New Record for Job Openings Deepens Mystery Over Lack of Hiring
(DBN)

Fed's George says US labor market is roughly at full strength
(DBN)

Globalization Hits a Wall
(DBN)

Elizabeth Warren: What Apple Teaches Us About Taxes
(DBN)

Fed Beige Book: Economy Expanded at a ‘Modest’ Pace Through August Fed’s Beige Books finds some concern over election Here's what the Fed's latest report had to say about the only 2 things that matter
(DBN)

If Trump were to enact his policies, Fed interest rates would have to jump, Nomura finds
(DBN)

This is the No. 1 cause of financial stress in your state
(DBN)

The 12 jobs that are disappearing fastest in the US
(DBN)

Employment: Preliminary annual benchmark revision shows downward adjustment of 150,000 jobs
(DBN)

Most Americans pay more payroll tax than income tax
(DBN)

Here are all the 'unforeseen events' that could rock the global economy
(DBN)

What people miss about the gender wage gap
(DBN)

The Coming 'Next' Industrial Revolution
(DBN)

The one-percenters are now destroying dollar stores
(DBN)

US Debt Clock
(DBN

World Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Leases: Prebankruptcy Termination May Not Mean That the Landlord Is Out Of the Woods
(DBN)

Limit on Right to Amend Homestead Exemption
(DBN)

Why it’s gotten so hard for many people to get a mortgage
(DBN)

UBS handed setback in $2 billion mortgage buy-back lawsuit
(DBN)

Charlotte: Creditors file to dissolve companies that developed Fox Den
(DBN)

Florida Inferior Liens Not Extinguished If Recorded After Foreclosure Judgment
(DBN)

Appraisal volume falls two weeks straight
(DBN)

Phoenix Real Estate in August: Sales up 14%, Inventory up 3% YoY
(DBN)

Selling a $5 Million, Seven-Story Basket Is No Picnic
(DBN)

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Municipalities:

Rep. Gutiérrez: ‘I Am Not Going to Let This Congress Forget About Puerto Rico’
(DBN)

In one Virginia city, residents erupt in anger at a community teetering on financial collapse
(DBN)

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Oil/Gas:

EIA forecasts oil output to fall by less than previously expected
(DBN)

Oil rises, but doubt over output deal tempers rally Oil climbs ahead of inventory report Oil futures settle at highest level in a week Oil Rises as Industry Data Signals Crude Inventories Plummeted
(DBN)

Drilling activity to fall further than expected
(DBN)

This gusher in oil stocks will not end well
(DBN)

Samson Proposes Auction With $320M In Stalking Horse Bids
(DBN)

Oil market faces supply crunch within a year, warns HSBC
(DBN)

Global Halliburton exec talks Houston job cuts, new technologies
(DBN)

Suncor Energy Seeks Permission to Abandon Some Oil -Sands Assets
(DBN)

Apache's Big Discovery Isn't Even OPEC's Biggest Problem
(DBN)

Canadian drilling association says 2016 worst on record
(DBN)

The Next Sector To Recover From The Oil Price Crash
(DBN)

Chevron's Revenue Will Move If Crude Oil Prices Rebound To $100
(DBN)

Biggest oil traders see another year of pain as glut endures
(DBN)

How Houston Dealt with 80's Oil Bust
(DBN)

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Construction:

Indiana Warns I-69 Section's Bankrupt Concessionaire: Pay Contractors Now
(DBN)

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Food/Beverage:

Così hires turnaround firm as interim CFO
(DBN)

Zio's Restaurant Files for Bankruptcy Zio's Italian Kitchen files Chapter 11 bankruptcy
(DBN)

Chipotle allegedly held 'cleaning parties' where employees were forced to work without pay
(DBN)

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Politics:

Donald Trump lifts blacklist on reporters: 'I figure they can't treat me any worse!' Trump: Putin has been a leader 'far more' than Obama Was Trump Fibbing About Buying Politicians Then or Now? What Supporting Donald Trump Did to Dennis Prager's Principles Donald Trump’s immigration plan, explained in 500 words Trump Fact Check: "I released the most extensive financial review of anybody in the history of politics. … You don't learn much in a tax return." Donald Gave Huge Discount for Florida AG Fundraiser After She Dropped Trump U Case Trump Raised $90 Million in August, Trailing Clinton: Reports Donald Trump Is Lying in Plain Sight The Black Eyes in Donald Trump’s Life Trump Shows Contempt for the Military and Everyone Else
(DBN)

Clinton Says There’s No Evidence Her Private E-Mail Was Breached Powell Told Clinton He Used Private E-Mail to World Leaders The Full Exchange Between Clinton/Powell About Using Private Emails
(DBN)

Stark divide as Clinton, Trump talk foreign policy
(DBN)

Congress will vote on impeaching IRS chief next week
(DBN)

Giuliani Fact Check: "Food stamps have gone up two-and-a-half times under Barack Obama."
(DBN)

State Rep. Ron Reynolds files for bankruptcy
(DBN)

Arrest Warrant Issued for Presidential Candidate Jill Stein
(DBN)

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Telecoms:

Nortel Reports Progress in Bankruptcy Settlement Talks
(DBN)

____________

Healthcare:

A new report finds the people signing up might be getting sicker
(DBN)

Feds sue Vanguard Healthcare over 'false claims'
(DBN)

Keen-Summit Capital Partners Sells Two Assisted Living Facilities in Virginia Totaling $19,000,000
(DBN)

Catoosa County Commissioners Want Investigate Of Officials Who Led Hutcheson Hospital Into Bankruptcy
(DBN)

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New Bankruptcy Opinions
(7 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (56 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (232 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)

______________

Bankruptcy Statistics:

NH bankruptcy filings fall again in August
(DBN)

Business Bankruptcy Filings by Month, 2015 vs. 2016
(DBN)

August Business Filings Increase 28 Percent from Previous Year, Total Filings Up 1 Percent
(DBN)

The Great Debt Unwind Beneath the Surface: US Commercial Bankruptcies Soar
(DBN)

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Structured Dismissal:

Amicus Briefs Filed In Jevic Case: US Loan Syndications and Trading Association National Employment Law Project, et al. Law Professors
(DBN)

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Property of the Estate:

District Judge May Have Split with Ninth Circuit BAP on Estate Property
(DBN)

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Jurisdiction:

Post-Confirmation Noncore Claim Defeats Bankruptcy Court Jurisdiction
(DBN)

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Proofs of Claim:

4th Cir. Holds Time-Barred Proof of Claim Does Not Violate FDCPA
(DBN)

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Religion:

Florida diocese investigating ex-head of Rhode Island school
(DBN)

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Retailing:

Golden Gate completes PacSun acquisition Teen apparel retailer exits bankruptcy ; gets new owner PacSun Post- Bankruptcy Reorg
(DBN)

Aeropostale’s saviors may have a savvy strategy
(DBN)

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Autos:

GM sued for breach of contract by supplier's creditors
(DBN)

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Bankruptcy Crimes:

'Dance Moms' Star Abby Lee Miller Is 'Scared to Death' to Go to Prison: 'I've Been Through Hell'
(DBN)

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Auto Racing:

Bidders Pick Over the Remains of the Boston Grand Prix Oddball IndyCar items sold at bankruptcy auction
(DBN)

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Fraud:

Stanford Receiver, Investors Seek OK Of $120M Willis Deal
(DBN)

____________

Student Debt:

Don't Make Colleges Pay for Student-Loan Defaults
(DBN)

Advisory Group to Examine Student Loan Debt Collection
(DBN)

How Some Millennials End Up Paying Their Parents’ Student Loan Debt
(DBN)

____________

Celebs:

SEC eyes contempt for Wyly estate's failure to pay $101 million
(DBN)

____________

 

UK:

Football Transfer Spending- high risk leading to high reward?
(DBN)

South Wales insolvency practitioner jailed
(DBN)

____________

PIIGS:

Italian Banks: Too Big to Fail, Yet Too Big to Be Saved?
(DBN)

____________

Canada:

Sears Canada swings to loss as sales drop
(DBN)

Canada's Postmedia wins investor approval for restructuring
(DBN)

____________

MENA:

UAE bankruptcy law to allow SMEs take calculated risks
(DBN)

Fitch rating for Saudi Arabia hints at risks
(DBN)

____________

India:

India's Lifeline for Debt-Ridden Realty Industry
(DBN)

Experts seek easy exit for investors, clear bankruptcy laws in India
(DBN)

____________

Brazil:

Oi’s Creditors Said to Oppose Proposed Restructuring Plan
(DBN)

____________

Bahamas:

Baha Mar Skeptics Challenge Chinese 'Goodwill Gesture'
(DBN)

____________

China:

Tens of Thousands of Jobs Go as China’s Biggest Banks Cut Costs
(DBN)

____________

Singapore:

Are Singapore's Developers Buried Under Debt?
(DBN)

____________

South Korea:

Lawmakers criticize state mismanagement of shipping, shipbuilding
(DBN)

____________

Australia:

Receivers put Pluton up for sale
(DBN)

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