January 18, 2017

The Daily Bankruptcy News

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Law:

10 Years Out, Report Says Recession's Impact on Firms Is Clear
(DBN)

Dewey Execs Blast DA's Bid To Limit Star Witness Questions
(DBN)

S. Jason Teele joins Sugar Felsenthal Grais & Hammer LLP's Corporate Restructuring and Creditors' Rights Practice as a partner in firm's New York office
(DBN)

Senior Financial Restructuring Lawyer Joins Baker Botts New York
(DBN)

End of the Road for Legacy SJ Berwin as KWM Europe Files for Administration King & Wood Mallesons is calling in administrators 'I am very sorry that it has finally come to this' - KWM managing partner confirms administration Legal filing marks end of the road for European arm of King & Wood Mallesons KWM confirms names of partners staying on with firm following Europe administration
(DBN)

‘Project Rightsize’ Strikes Again: Another Office Bites The Dust
(DBN)

Teach-out plan for Charlotte School of Law in the works The Demise Of Charlotte Law School Resurrects Talk Of New Law School At University Of North Carolina-Charlotte
(DBN)

Former UC-Hastings Dean: Legal Education Is 'Delusional About Our Prospects'—With Plummeting Return On Investment, Is Law School A 'Long Con'?
(DBN)

Dentons' Passantino Tapped for White House Counsel's Office
(DBN)

10 Things To Know About Bankruptcy Practice
(DBN)

Simple Things We Do That Waste A Lot Of Time
(DBN)

When Politics Are Polarized, Can Solos And Smalls Afford To Be Principled?
(DBN)

No Retirement: 71-Year-Old Lawyer Leaving Weil, Wants More Trials
(DBN)

Why Lawyers Should Embrace Compassion
(DBN)

2017 Report on the State of the Legal Market
(DBN)

Business dining etiquette rules every professional should know
(DBN)

Lawyer accused of using run-on sentences and ‘verbose exaggerations’ files unusual brief in response
(DBN)

Work-life balance: can you have it all?
(DBN)

So, You Want To Teach?
(DBN)

GC Sends Incredibly Snarky Letter To Competitor GC Asking For ‘Typo’ Correction
(DBN)

Law Profs Who Signed Letter Opposing Jeff Sessions For Attorney General Receive Open Records Act Request For Their Emails
(DBN)

Mother Tells Daughter To Come Home For Wedding Celebration . . . Then Burns Her To Death
(DBN)

How Much Should You Charge Your Clients? Data Analytics Has The Answer!
(DBN)

Court Backs Ruling That Man Give Fingerprint to Unlock Phone
(DBN)

SNL’s Savage Portrayal Of A Biglaw Partner
(DBN)

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Judges:

Trump reportedly interviewed this SCOTUS shortlister over the weekend; how has he ruled?
(DBN)

Trump Meets With 11th Circuit's Pryor
(DBN)

'Bad Hombres' Loom Over Supreme Court
(DBN)

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Wall Street:

Bruised U.S. stocks look for guidance from Goldman results, Yellen speech
(DBN)

Stocks close lower amid Trump policy concerns; financials dive 2%
(DBN)

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Layoffs:

Trump eyes 10% spending cuts, 20% slash of federal workers
(DBN)

Swift Energy, Transocean lay off dozens of Texas employees
(DBN)

At Davos, IBM Chief Predicts Artificial Intelligence Won't Be a Job Killer Fears that robots are coming for all our jobs are overdone, says McKinsey
(DBN)

Medica eliminates 100 jobs
(DBN)

Lowe’s cutting 2,400 full-time jobs as part of staffing overhaul
(DBN)

This chart shows when robots might take over all trucking jobs
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Politics:

Americans Want to See Trump's Tax Returns Trump voters set own priorities for the first 100 days The president-elect has promised to upend, if not gut, the system he is about to take over Donald Trump’s Approval Ratings Have Hit a Historic Low Before He Takes Office Trump Lashes Out at Foes, and Approval Polls That Follow Trump Buries Paul Ryan Under Expensive Promises How Trump Could Get Mexico to Pay for Wall Accuser files defamation lawsuit against Trump, promises to drop it if he admits her story 'is and was the truth' Nope, Trump is Not Immune From Accuser’s Lawsuit Just Because He’s President
(DBN)

Poll shows young Americans wary, scared about the next four years
(DBN)

Goldman Protests Feature Swamp Creatures Vowing to Stay All Week
(DBN)

In an epic final speech, Joe Biden warns the progressive democratic world order is at risk of collapse
(DBN)

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Gambling:

Caesars unit wins court approval to exit bankruptcy Caesars unit wins court approval to end $18B bankruptcy Caesars gets confirmation for bankruptcy plan, concluding multi-year saga Caesars wraps up $18 billion bankruptcy case, eyes future Judge OKs Caesars' bankruptcy exit plan Caesars Hauls Itself Out of Bankruptcy
(DBN)

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Religion:

Stockton diocese to emerge from bankruptcy
(DBN)

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Electricity:

How electricity retailer TXU Energy emerged from bankruptcy as a hot property
(DBN)

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Corporate Reform:

SEC Chair White concerned about Trump administration’s plans to roll back financial reform
(DBN)

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Banking:

FDIC Insured Bank and Thrift Failures per Year, Since 1934
(DBN)

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Shipping:

Hanjin Shipping Soars a Day After Exchange Calls Stock ‘Trash’
(DBN)

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Trucking:

Bill Hall Jr. Trucking company withdraws Chapter 11 reinstatement
(DBN)

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Economy:

Trump Comments Send Dollar Reeling Trump Wants To Make The American Dollar Slightly Less Great, Actually
(DBN)

Economists pan infrastructure plan championed by Trump nominees Trump’s plans to rebuild America are misguided and harmful. This is how we should do it.
(DBN)

Fed would respond with higher rates if Trump fiscal policy not done right, Brainard says
(DBN)

Empire State index edges back from eight-month high in January NY Fed: Manufacturing Activity Continues to Expand in New York Region
(DBN)

U.S. Ranks 23rd Out of 30 Developed Countries for Inequality
(DBN)

GM to add 7K U.S. jobs, invest $1B in U.S. plants
(DBN)

Be Skeptical of the Fed's Rate Signals
(DBN)

Walmart touts plans to add thousands of jobs in 2017
(DBN)

Here's How Trump Could Try to Kill Carried-Interest Tax Break Republicans face headwinds among Trump voters over corporate tax cuts Like Trump, Fed’s Dudley has concerns with House Republican border-adjustment tax plan
(DBN)

Chinese president Xi Jinping warns, ‘No … winner in a trade war’
(DBN)

Poll: Worldwide People Think It's Getting Worse
(DBN)

Why Millennials Are Poorer Than Their Parents
(DBN)

People to Davos: Get Out of Your Bubble
(DBN)

Trump team at Davos: We don't want a trade war with China, just a better deal
(DBN)

WTO admits global trade deals 'are never perfect for anyone'
(DBN)

IMF's Lagarde says 'I told you so' on populist backlash
(DBN)

LA area Port Traffic increases Year-over-year in December
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

How should Deutsche Bank repay consumers for its toxic mortgage mess?
(DBN)

New York Fed chief Dudley has an idea — homeowners should tap into equity
(DBN)

Ninth Circuit ruling allows landlords to seek more damages against bankrupt tenants
(DBN)

How the GSEs can exit conservatorship
(DBN)

Chicago area sees most home sales since 2006
(DBN)

Deutsche Bank Flung Itself Willingly Into The Gaping Maw Of The Financial Crisis
(DBN)

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Municipalities:

Puerto Rico needs urgent Congress action -U.S. Treasury, Health chiefs
(DBN)

Health of US public pension funds improves
(DBN)

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Oil/Gas:

U.S. oil and gas industry has turned the corner: Kemp
(DBN)

Rising U.S. shale-oil output threatens OPEC’s production pact
(DBN)

Houston MLP files Ch. 11 after more lenders get on board with restructuring plan
(DBN)

Bankrupt Ultra Resolves $303M Pipeline Contract Row
(DBN)

Market coming into balance, OPEC says; Oil rises
(DBN)

Norway exodus looms as fiscal terms worsen
(DBN)

Denver energy company shows interest in bankrupt Bonanza Creek
(DBN)

E&P Consultants Earning 27% Less than in 2013
(DBN)

‘It’s blindsided everybody’: New U.S. border tax could shut out Canadian oil
(DBN)

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Healthcare:

The Myth of the Medical Bankruptcy Under Affordable Care Act repeal, Michigan family "would probably go bankrupt"
(DBN)

5 latest hospital bankruptcies
(DBN)

CBO: The GOP's Obamacare repeal could leave 27 million people without health insurance and cause premiums to skyrocket The G.O.P.’s Health Care Death Spiral 18 Million May Lose Insurance After Repeal, Study Finds Thousands Speak Out in Favor of Health Law Here's the plan Trump's health secretary pick doesn't want to discuss The Three-Way Battle for Obamacare Repeal
(DBN)

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Distressed Investing:

Lynn Tilton’s Funds Were A Hall Of Funhouse Mirrors
(DBN)

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Metals:

Horsehead names new chairman, interim CEO
(DBN)

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Student Debt:

CFPB Releases Report on Student Loans Across Older Demographics
(DBN)

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Corporate Reform:

Senate Democrats to Trump: Do not fire CFPB director, you've been warned
(DBN)

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Travel:

12 flight-booking hacks every traveler should know
(DBN)

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Coal:

McConnell introduces bill to fund coal miner health plans
(DBN)

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Autos:

Takata gears up for global rescue
(DBN)

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Media:

CBS makes $9.5M bid for bankrupt Scout Media
(DBN)

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Toll Roads:

Lawsuit Battles Toll Road Over Bankruptcy Law Violation
(DBN)

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Corporate Governance:

Court Explains Directors’ Fiduciary Duty of Oversight
(DBN)

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Education:

Federal Bankruptcy Court Authorizes Sealed Bid Sale Process for Dowling College’s Oakdale, N.Y. Waterfront Campus
(DBN)

“The snowflakes need to be shaken up a bit”: America’s colleges brace for the age of Trump
(DBN)

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New Bankruptcy Opinions
(3 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (14 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (8 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:

BK NV: 2016 Professional Fees Report
(DBN)

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Post-Distress Investing:

Opportunities In Post-Distress Equities
(DBN)

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Discharge:

Third Circuit rules man's $217K penalty not able to be discharged in bankruptcy proceeding
(DBN)

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Structured Dismissal:

Are Structured Dismissals on Hold Pending the Supreme Court’s Decision in Jevic?
(DBN)

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TIA:

Appeals court rules for Education Management on debt-cutting plan Appeals court hands bondholders a win in closely watched bankruptcy case Court sides with Education Management Second Circuit Reverses Decision on Debt Reorganization
(DBN)

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Proofs of Claim:

Liberal U.S. justices hit debt collector's business practices
(DBN)

Supreme Court Hears Argument on Stale Claims and the FDCPA
(DBN)

Oral Argument Transcript
(DBN)

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Cross-Border:

Hanjin Shipping recognition proceedings answer question about extent of the automatic stay under the Model Law on Cross-Border Insolvency
(DBN)

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Mediation:

An Early Mediation Intervention Brings Order Out of Chaos
(DBN)

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Chapter 13:

BK WD TX Comments Sought For District-Wide Ch. 13 Plan and Order
(DBN)

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Cross-Border:

New Delaware Chapter 15 Filing – Metinvest B.V.
(DBN)

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SCOTUS:

SCOTUS Asked To Review Judicial Estoppel Case
(DBN)

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Jury Trial:

Courts Divided over Jury Trials for Breach of Post-Petition Contracts
(DBN)

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IP:

First Circuit Bankruptcy Appellate Panel Acknowledges Post-Rejection Rights of Licensee of Trademarks
(DBN)

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Retailing:

The Limited Files for Chapter 11 Bankruptcy Protection The Limited files for relief under chapter 11 The Limited Stores Has Filed for Bankruptcy Women's apparel retailer Limited Stores files for bankruptcy
(DBN)

Sycamore Partners Makes Stalking Horse Bid for Limited Stores
(DBN)

Bankrupt retail innovator American Apparel begins layoffs
(DBN)

American Apparel denies reports that it's imminently shutting down all of its stores
(DBN)

Claire's withdraws its IPO
(DBN)

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UK:

UK prime minister lays out her plans for a clean break from Europe Why Theresa May is right to take a huge gamble on hard Brexit ‘Textbook short squeeze’ for the pound — analysts assess May’s Brexit plans Brexit Means Brexit, After All Finance industry's 'worst case' on Brexit spurs contingency plans Oil edges up on weak U.S. dollar, Saudi OPEC compliance talk British Business Alarmed by May’s Plan to Quit Single Market
(DBN)

HSBC Prepares To Move 1,000 U.K. Jobs To Paris Due To Brexit Confusion
(DBN)

Theresa May makes Brexit speech, the legal profession reacts
(DBN)

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PIIGS:

Spain’s Government Is Playing Poker With Shareholders Of The Bankrupt Motorways
(DBN)

Greece favors IMF withdrawal from rescue loan program
(DBN)

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Brazil:

Oi bondholders file objection to reorganization plan
(DBN)

Brazil to intervene in Oi bankruptcy if talks fail: paper
(DBN)

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India:

Insolvency law: Limit case load at NCLT, says report
(DBN)

Bankruptcy board seeks public comments on report to regulate information utilities
(DBN)

Analysis Of The New Indian Bankruptcy Code And Insolvency Code
(DBN)

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Russia:

Simplified procedure for initiating bankruptcy by the legal successors of banks
(DBN)

Russia, Yukos Back In Court Over $50 Billion Appeal
(DBN)

Aeroflot files for bankruptcy of Orenair, Donavia subsidiaries
(DBN)

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Ukraine:

Ukraine Has a Survival Strategy for the Trump Era
(DBN)

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Mozambique:

Mozambique Is About To Default On Its 'Tuna Bond'
(DBN)

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