January 12, 2017

The Daily Bankruptcy News

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Law:

Struggling Firm’s Bank Refuses To Issue Money For Paychecks
(DBN)

Chadbourne Foe to Represent Attorney Suing Sedgwick
(DBN)

These Law Firms Made the Most Women Partners in 2016
(DBN)

In the Spotlight, Trump Lawyer Describes Conflicts Plan It Fails!: Government Ethics Chief Slams Trump's Conflict of Interest Plan Harvard Law Prof: Trump’s Plan is ‘Walking, Talking, Tweeting Violation’ of Constitution Trump’s ‘Meaningless’ Ethics Plan Assailed by Watchdogs
(DBN)

I’m a 12th year corporate associate/of counsel with no partnership or business development prospects. What are my career options?
(DBN)

Inside the Cybertheft Faced by Two Large Firms
(DBN)

Meet Marc Kasowitz, the litigator who often represents Donald Trump
(DBN)

LawProse: Appositives
(DBN)

Is Doomsday Imminent For Charlotte Law School? Is The ABA Going To Do Anything About The Other 2 InfiLaw Schools? Two Law Schools Get an 'F' for High Student Debt from Education Dept.
(DBN)

Dinosaurs v. Millennials In The Workplace
(DBN)

Real professionals explain how their friendships suffer as they achieve success
(DBN)

The law firm helping Trump on business conflicts won a Russia Law Firm of the Year award
(DBN)

When Potential Clients Try To Be Cheap By Seeking To Lawyer Up At The Last Minute
(DBN)

Fmr White House Lawyers: Trump Guaranteed to Violate Emoluments Clause When He Takes Office
(DBN)

What You Need To Know: Day 2 Of The Sessions Confirmation Hearing Cory Booker Steals Show at Jeff Sessions' Confirmation Hearing Cory Booker Lays Groundwork for 2020 Run at Jeff Sessions Hearings Defenders of Trump’s choice for attorney general have cited an Alabama lynching case as evidence of his commitment to racial equality. The real story is more complicated.
(DBN)

Where Have All The Lawyers Gone In This State’s Senate?
(DBN)

Aaron Hernandez’ Tattoos Will Be Used Against Him in Upcoming Double Murder Trial
(DBN)

Goodyear Asks Supreme Court to Nix $2.7M Sanction
(DBN)

Lawyers Must See Umpteen Shades of Gray
(DBN)

Prosecutor defends 22-year sentence for theft of remote control
(DBN)

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Judges:

Supreme Court Nomination Coming Soon, Trump Says Trump hopes to nominate a Supreme Court justice within two weeks of taking office
(DBN)

Supreme Court Nomination Coming Soon, Trump Says Trump Promises Fast Action on Supreme Court Nomination Trump will nominate a Supreme Court justice soon, but will it be soon enough? Trump says he'll make high court pick within 2 weeks after taking office
(DBN)

Trump SCOTUS Short-Lister Gruender: Five Things to Know
(DBN)

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Wall Street:

Dow futures descend as analysts question the Trump rally
(DBN)

Wall St. stumbles as Trump's comments hit healthcare stocks
(DBN)

How Trump’s presser threatened to wreck his own stock-market rally
(DBN)

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Layoffs:

Glu restructure could result in over 100 layoffs
(DBN)

85 layoffs coming to Prineville data center
(DBN)

Biglaw Firm Announces Mass Buyouts, Almost 200 Affected
(DBN)

Petco cutting 180 jobs
(DBN)

Security firm to lay off 96 in Forest City after losing Facebook contract
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Electricity:

Power plant operator enters voluntary Chapter 11 Coal plant owner Homer City Generation files for bankruptcy
(DBN)

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Healthcare:

Atoka County Medical Center files bankruptcy
(DBN)

UnityPoint Health-Waterloo to buy bankrupt Iowa hospital
(DBN)

Full ACA Repeal Could Be Death Knell For Rural Hospitals
(DBN)

Trump Promises To Repeal and Replace Obamacare Together, But Can It Be Done? Senate votes through first step toward repeal of Obamacare How repealing Obamacare will be Trump’s Iraq McConnell says GOP will have new health plan soon after Obamacare repeal
(DBN)

U.S. business lobby wants smooth Obamacare repeal, warns on trade
(DBN)

Is Obamacare Repeal in Jeopardy?
(DBN)

160 million Americans can't afford to treat a broken arm
(DBN)

The Senate is about to kick off its repeal of Obamacare
(DBN)

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Politics:

'The president-elect should not be expected to destroy the company he built' How much do Americans actually care about Trump's potential business conflicts? Trump Outlines Plans to Shift Assets Trump's Approval Ratings Have Crashed New Poll is All Sorts of Bad News for Trump Trump's new line: Mexico will reimburse US for wall
(DBN)

Confirming Team Trump: The King of Bankruptcy for Department of Commerce
(DBN)

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Student Debt:

Md. Gov. Wants to Cap Tuition, Make Student Loan Debt Fully Deductible
(DBN)

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Shipping:

Hyundai announces plan to recruit ex-Hanjin staff and seafarers
(DBN)

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Autos:

Six Volkswagen Executives Charged in Emissions Scandal Trump to pharma: You're 'getting away with murder,' and I'm the one to stop it
(DBN)

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Gambling:

Straub: Ex-Revel will open next month with or without casino license
(DBN)

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Fraud:

Were These Bankers’ Bonuses Dealt Away In A DOJ Deal?
(DBN)

______________


Economy:

US workers may not want the jobs that have gone to China
(DBN)

Confidence in the Economy is Surging
(DBN)

Small Business Optimism Index Increases in December
(DBN)

Big Business is Gung Ho on Trump Era
(DBN)

CNBC's Liesman: Trump's colossal error on jobs during his press conference
(DBN)

Business Loves Trump But May Need Help to Start Spending Again
(DBN)

Why Millennials Boomerang Home: It’s Not Student Loans. It’s Worse
(DBN)

Mnuchin to Divest Stakes in 43 Investments to Avoid Conflict
(DBN)

There's little evidence that Trump's Carrier-style deals will work long-term
(DBN)

Jeff Gundlach gives his full outlook for markets and the economy in 2017
(DBN)

How the president saved the economy, but not the middle class
(DBN)

The 20 best high-paying jobs in America for 2017
(DBN)

How China Can Fight Trump's Trade Policies
(DBN)

A New Risk for US Businesses: Being Called Out by Trump
(DBN)

Nice Little Company Ya Got There. Shame if Anything Happened to It. - Donald Trump puts the squeeze on companies looking to outsource.
(DBN)

Trump Tweets Shake Auto Industry
(DBN)

Trump's Twitter Bully Pulpit Has Automakers on Edge GM: Yeah, We're Not Changing Our Plans
(DBN)

We Don't Have to Be Broke in Retirement
(DBN)

World Bank: Trump To Boost U.S. Economic Growth And Commodities
(DBN)

America's Most Hated Companies
(DBN)

The federal minimum wage hit its peak purchasing power nearly 50 years ago
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

To Cap or Not to Cap: Ninth Circuit Vacates Order of District Court and Revisits Section 502(b)(6)
(DBN)

Allegedly Time-Barred Foreclosures Do Not Form Basis for FDCPA/FCCPA Lawsuits Outside Bankruptcy Context
(DBN)

Mortgage Applications Increase in Latest Weekly Survey
(DBN)

U.S. property foreclosures at 10-year low in 2016
(DBN)

Phoenix Real Estate in December: Sales up 6%, Inventory down 3%
(DBN)

Turns Out Plumbers And Electricians Are Natural Loan Brokers
(DBN)

Impatience and desperation derail home sales in tight market
(DBN)

Orlando developer Kuhn files bankruptcy with $22.8M debts
(DBN)

____________

Municipalities:

Central Valley cities still mired in the Great Recession, report says
(DBN)

?S&P downgrades Dallas credit rating
(DBN)

Troubled Dallas pension in debt talks with Bank of America
(DBN)

Puerto Rico pension bondholders get second chance at day in court
(DBN)

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Oil/Gas:

U.S. Oil And Gas Jobs See First Gains In 2 Years
(DBN)

Oil rises on China demand forecast, but ample supplies hold prices back Oil prices swing higher as dollar falls, Chinese demand grows
(DBN)

New Oil Drilling Technology Will Soon Spark An Explosion Of Oil
(DBN)

Shale Break-Even Level Could Rise $10 In 2017
(DBN)

US shale oil output remains resilient despite rig count fall
(DBN)

Oil Slips And Bounces Back After EIA Reports Significant Builds Across The Board
(DBN)

EIA Sees 2017 U.S. Oil Output Rising By 110,000 Bpd
(DBN)

Low Oil Prices Could Last As OPEC Cuts Won’t Suffice
(DBN)

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Pensions:

Small Companies Have a Big Retirement Problem
(DBN)

______________

Retailing:

Edward Lampert's Sears Strategy Is Likely to Backfire on Shareholders
(DBN)

______________

Pharma:

Trump says drug companies are 'getting away with murder' — and biotech shares are plunging
(DBN)

______________

Nuclear:

Toshiba Loses Billions On U.S. Nuclear Write-Offs
(DBN)

______________

Music:

Rumors Circulating That SoundCloud Streaming Service on Verge of Bankruptcy
(DBN)

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Education:

Career Point College has their day in federal bankruptcy court
(DBN)

Department of Education flags 5 law schools’ debt-to-income ratios, including 3 in Infilaw System
(DBN)

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Hotels:

What's happening with the Parc England?
(DBN)

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Trucking:

Bill Hall Jr. Trucking company wants bankruptcy reinstated
(DBN)

______________

Sports:

Game on: Scout Media Can Pursue Discovery Against Jim Heckman
(DBN)

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New Bankruptcy Opinions
(2 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (19 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (13 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:

Bankruptcy Filings for 2017 -- Let's Say 767,000
(DBN)

Bankruptcy Filings Finish 2016 with Upward Turn
(DBN)

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Proofs of Claim:

Battle Lines Have Been Drawn – Midland v. Johnson
(DBN)

______________

Sales:

Buyer Standing: No Leg to Stand On
(DBN)

______________

Personal Bankruptcy:

Colorado and federal bankruptcy law at odds over what happens in case of death
(DBN)

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Miscellaneous:

The Road Ahead for 2017 – Restructuring & Insolvency in US
(DBN)

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Discharge:

1st Cir. Holds IRS 1099-A Forms Did Not Violate Discharge Injunction
(DBN)

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Consultants:

DSI Announces Senior Leadership Changes
(DBN)

______________

LBOs:

New York District Judges Are Split on Drawing Inferences of Fraud from Executives
(DBN)

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Insurance:

Ninth Circuit: Insured vs. Insured Exclusion Unambiguously Excludes FDIC’s Failed Bank Claims
(DBN)

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Healthcare:

Struggling Marshalltown hospital sale moves forward
(DBN)

______________

Alternative Energy:

Abeinsa Holding Inc. Obtains Ch. 11 Plan Confirmation
(DBN)

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Food/Beverage:

Souplantation restaurants are sold
(DBN)

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Mining:

Essar Conglomerate Faces $1 Billion Lawsuit From Minnesota Unit
(DBN)

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Coal:

Obama Administration Report Suggests Raising Coal Royalties
(DBN)

______________

Hollywood:

Could the End Be Near for Beleaguered Relativity Media?
(DBN)

Ryan Kavanaugh Hit With Fraud Suit By Ex-Relativity President; Says CEO Has Resigned, P--- Shoots In Office
(DBN)

______________

Religion:

Embattled Stockton Diocese nears bankruptcy exit; attorneys and alleged victims speak out
(DBN)

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Student Debt:

Forging a path to debt cancellation for former ITT Tech students
(DBN)

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UK:

Corporate insolvency rates on upward trend
(DBN)

Barclays cancels salary payments for all KWM EUME staff
(DBN)

England Still Doesn't Have a Brexit Plan
(DBN)

______________

PIIGS:

Alitalia told to present new business plan to Italian government
(DBN)

ie: Bus Eireann chief says threat of insolvency is very real
(DBN)

Greek compromise proposal meeting IMF resistance IMF rejects Greece's compromise proposal
(DBN)

______________

Canada:

Canada's Oil Sands Industry May Go Bust
(DBN)

______________

Russia:

The Yukos Saga Continues to Unfold in France
(DBN)

______________

India:

Edelweiss Said to Seek to Wind Up Bharati Defence Under New Bankruptcy Law
(DBN)

______________

India:

Bid to groom insolvency professionals in the works
(DBN)

______________

Australia:

Aussie senator to fight removal from politics following bankruptcy
(DBN)

______________

Mozambique:

Mozambique debt negotiations conditional on progress of new IMF programme and audit as 18 Jan coupon deadline looms
(DBN)

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