January 3, 2017

The Daily Bankruptcy News

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Law:

Finally, Will 2017 Mean R.I.P. for the Billable Hour?
(DBN)

The Five Strategies of Highly Successful Firms
(DBN)

Gaze Into My Crystal Ball: 10 Predictions for 2017
(DBN)

Now What? (Hint: Growth Is Dead)
(DBN)

Plaintiffs Firm Stuck With $1M Tax Bill After Trying to Deduct Private Jet Travel
(DBN)

10 Horrible Reasons You’re Still At Your Law Firm
(DBN)

Wachtell's George Conway a Potential Trump Pick for Solicitor General Trump Said to Weigh Aide Conway’s Husband for Top Legal Job
(DBN)

Trump’s Pick For Attorney General A Big Fan Of Civil Asset Forfeiture
(DBN)

Partners warned to 'wake-up' over security issues
(DBN)

Final checks mailed to creditors in bankruptcy of once-powerhouse law firm
(DBN)

For Court, Always Dress The Part
(DBN)

GoFundMe This Lawyer’s Retirement
(DBN)

Law Firm Basics: What Do Clients Want Most In An Attorney?
(DBN)

A Harvard psychologist reveals the best way to fake it till you make it
(DBN)

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Judges:

Give Me Your Tired, Your Poor, Your Supreme Court Justices
(DBN)

Chief Justice Roberts Issues 2016 Year-End Report Chief Justice John Roberts Praises Federal District Judges in Annual Report
(DBN)

Will "Funny Brief" Backfire at Supreme Court?
(DBN)

Obama Could Make This Last Minute Move (Tomorrow) to Appoint Merrick Garland to Supreme Court
(DBN)

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Wall Street:

Dow on pace to open more than 100 points higher
(DBN)

Global stocks higher after upbeat Chinese factory data
(DBN)

Stocks close out 2016 with double-digit gains after third day of losses
(DBN)

2016: The Year In Goldman Sachs
(DBN)

Investor Optimism Is at Extreme Levels Heading into 2017
(DBN)

NYT Article on Stanford Assault Procedures Displays Shocking Ignorance of Relevant Federal Law
(DBN)

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Layoffs:

 

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Retailing:

A giant wave of store closures is about to hit the US
(DBN)

The end of Sears is near
(DBN)

The Limited will close its South Florida stores Jan. 7 The Limited Is Probably Shutting Down, But Won’t Say So
(DBN)

Warren Buffett predicted the fall of Eddie Lampert and Sears over 10 years ago
(DBN)

The top 7 retailers to watch in 2017
(DBN)

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Awards:

Century City Bar Names Robbin Itkin " Bankruptcy Lawyer of the Year”
(DBN)

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Shipping:

Hanjin’s bankruptcy was the largest for container shipping in 30 years
(DBN)

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Banking:

December 2016: Unofficial Problem Bank list declines to 169 Institutions
(DBN)

Former chairman of failed Fort Lauderdale bank banned from banking
(DBN)

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Personal Finance:

7 tips to buy an engagement ring without getting ripped off
(DBN)

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Taxis:

Taxi tycoon to cough up cabs, medallions to pay off debt Judge: Top NYC taxi cab owner must give up 46 medallions
(DBN)

Carpool apps could take 10k Taxis off NY Streets
(DBN)

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Shipping:

Ex-chairwoman of Hanjin Shipping indicted over illegal stock trading
(DBN)

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Healthcare:

TX: Hospital to file for bankruptcy
(DBN)

Alere unit says it may go out of business if Medicare appeal is denied
(DBN)

Ruling boosts suit over botched spinal surgeries
(DBN)

Ex-Health CEO: What ACA Repeal Will Do
(DBN)

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Uranium:

Paladin Energy Could Be Forced Into Bankruptcy By Electricité de France's Request For Collateral
(DBN)

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Economy:

Fed Nowcast stands at 1.8% for 2016:Q4 and 1.7% for 2017:Q1
(DBN)

Chicago PMI decreases in December
(DBN)

Democrats are already building a case against Trump’s pick to lead Treasury Department
(DBN)

Climate change is going to be very bad for the global economy
(DBN)

The public is being kept in the dark about Trump’s deal with Carrier
(DBN)

Those jobs Trump is bragging about are just a fraction of Sprint’s huge layoffs
(DBN)

A few Graphs for 2016
(DBN)

For many of the world’s richest people, 2016’s volatility ends on a high note
(DBN)

19 States Increase Minimum Wage at the Start of 2017
(DBN)

What Donald Trump Doesn’t Get About the Minimum Wage
(DBN)

Why Trump Needs to Take the Economy More Seriously
(DBN)

Are we there yet? Full employment draws closer, one jobs report at a time
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

"Mortgage Rates Slightly Lower to End 2016"
(DBN)

The best city in every state if you want to buy a home
(DBN)

MUD taxpayers left on the hook for developer's bankruptcy
(DBN)

Miami's housing market could be in for a tough 2017
(DBN)

Bankrupt West Oakland Project Site in Play
(DBN)

Now As Good A Time As Any To Sue Barclays For ‘Craptacular’ Subprime-Era Mortgage-Backed Securities
(DBN)

Wall Street, America’s New Landlord, Kicks Tenants to the Curb
(DBN)

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Municipalities:

With bankruptcy ending, will normalcy return to San Bernardino?
(DBN)

Drop in population, employment and sales numbers adds to Pennsylvania budget woes
(DBN)

Police salary and staff cuts eyed in A.C. takeover, report says
(DBN)

Reality penetrates California's public employee pension system, but not far enough
(DBN)

Puerto Rico's new gov seeks statehood to help end crisis Puerto Rico's New Governor Vows Immediate Push for Statehood
(DBN)

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Oil/Gas:

Banks are ready to loan money to US shale
(DBN)

Oil Companies That Sold Shares During Collapse Are Now Riding High
(DBN)

Rig count inches up as 2016 comes to an end
(DBN)

Oil prices should be a lot lower than where they are now
(DBN)

What's Next for Oil Prices
(DBN)

Oil Posts Biggest Annual Gain Since Financial Crisis
(DBN)

Energy XXI Successfully Completes Financial Restructuring
(DBN)

Oil business seen in strong position as Trump tackles tax reform
(DBN)

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Politics:

How Donald Trump used bankruptcy to stay rich Trump focuses New Year's tweet on 'many enemies' and everyone who 'lost so badly' Trump Struggling to Pay Salaries Trump's cabinet will be a 'team of rivals' — but not in a good way Why Corporations Are Helping Donald Trump Lie About Jobs Trump Steps Up Effort to Discredit Sanctions Against Russia Trump Rips Obama on Transition ... Then Praises Him Mar-a-Lago, Future Winter White House With Trump, an Economic Feast With Some Surprises Trump Was the Nationalist Candidate Donald Trump, Bureaucracy Apprentice Trump Starts From Historically Weak Position
(DBN)

Judge blocks North Carolina law meant to limit incoming Democratic governor's power
(DBN)

Congress to usher in new era of all-Republican rule As New Congress Convenes, Obama’s Policies Are in Peril Republicans Face a Dangerous First 100 Days G.O.P. Made Big Promises. Now It Has to Deliver New Republican-led Congress lays groundwork for Trump era GOP Claims Mandate; Plans Scorched Earth
(DBN)

Obama looks back on 8 years of 'remarkable progress' in New Year's Day tweetstorm
(DBN)

Krugman: America Becomes a Stan
(DBN)

Senate Dems Plan to ‘Slam the Brakes’ on Trump’s Cabinet Nominees
(DBN)

Republicans in House Vote to Curtail Power of Ethics Office House GOP wants to strip independence from Office of Government Ethics
(DBN)

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Celebs:

DMX Filed for Bankruptcy for the Third Time, Facing Foreclosure
(DBN)

Chris Brown Faces $1.5 Million Lawsuit After ‘Going Rihanna’ on Manager
(DBN)

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Coal:

Would Peabody Energy Corporation See Good Times Next Year?
(DBN)

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Student Debt:

Bankruptcy Becomes an Option for Some Borrowers Burdened by Student Loans
(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 (15 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (16 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:

Summary: Chapter 11 Filings in 2016
(DBN)

Weekly Bankruptcy Claims Trading Activity
(DBN)

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Plan Confirmation:

Delaware Judge Takes-Up Third-Party Releases in Chapter 11 Plans
(DBN)

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Mediation:

Another Demonstration of Uncertainty Over Mediation Confidentiality in Bankruptcy
(DBN)

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Make-Whole:

Third Circuit Requires 'Make-Whole' Payments For Accelerated Bankruptcy Notes
(DBN)

______________

Professional Compensation:

Chapter 11 Doesn’t Have To Be Quite So Paper Intensive
(DBN)

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Jurisdiction:

Stern Doesn’t Limit Bankruptcy Court in Liquidating a Nondischargeable Debt
(DBN)

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Miscellaneous:

Happy New Year: The Best of 2016
(DBN)

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Bankruptcy Reform:

Beyond Options
(DBN)

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Bankruptcy Policy:

Bankruptcy Policy: Toward a Moral Justification for Financial Rehabilitation for the Consumer Debtor
(DBN)

Consumer Bankruptcy Policy: Ability to Pay and Catholic Social Teaching
(DBN)

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Pensions:

ERISA: Anti-Alienation Superiority in Bankruptcy
(DBN)

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Autos:

The auto industry could break sales records yet again. But analysts say the decline is coming.
(DBN)

Good Sign For Auto Loans In 2017: Bankruptcies Are Down
(DBN)

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Fraud:

December 2016 Ponzi Scheme Roundup
(DBN)

Another Madoff Legacy: Ways for Investors to Keep Ponzi Profits
(DBN)

There Oughta Be a Law: Steering Clear of Ponzi Schemes
(DBN)

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UK:

BHS liquidator pores over details of Green and Chappell property deals
(DBN)

Oil price slump pushes UK oil and gas sector insolvencies to five-year high
(DBN)

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PIIGS:

Greek government confident Marinοpoulos bankruptcy deal will proceed
(DBN)

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Canada:

Nortel's disabled workers still fighting for better deal after bankruptcy
(DBN)

Debt-ridden landlord's repayment plan could take months to develop
(DBN)

Major Saskatoon landlord Block 1 files for creditor protection
(DBN)

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Brazil:

Brazil's Meirelles sees few options to help states in crisis
(DBN)

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Venezuela:

'Lately, food is a better business than drugs': Venezuela's military profits as the country goes hungry
(DBN)

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Australia:

BLK owes $34m to creditors
(DBN)

Senator Rod Culleton in hospital after being served bankruptcy papers
(DBN)

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India:

Indian Banks' Credit Fantasy
(DBN)

______________

China:

He's a debt-laden property mogul. Meet China's own Donald Trump
(DBN)

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