March 7, 2017

The Daily Bankruptcy News

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Law:

The Aftershocks of Big Law's Associate Salary Hike Are Still Hitting
(DBN)

The 2017 Go-To Law Schools
(DBN)

NLJ: Law School Rankings By Graduates In BigLaw Jobs
(DBN)

Marginal Law Schools - But Not Students - Could See Savior in Falwell
(DBN)

Amos Jones Creates Yet Another Issue Already-Distressed Law Schools Need to Worry About
(DBN)

University Of Houston, South Texas Law Schools Settle Naming Rights Dispute
(DBN)

Chadbourne gave bonuses to 44% of male and only 28% of female partners in 2015, says equal pay suit Lawsuit: Chadbourne’s Women Partners Earned Fraction of What Men Earned
(DBN)

The Firms That Rule the DC Swamp
(DBN)

Court finds against partners who left for White & Case
(DBN)

Law Firms & New Business Development - Don't Invite Millennials to Game of Golf
(DBN)

Cleary Gottlieb hikes London NQ pay by 14% to £120,000
(DBN)

CFPB Sues Law Firms for Debt Relief Fees Disguised as Bankruptcy Fees
(DBN)

Covington Pays to End 3M Conflicts Row
(DBN)

5 Things GCs Should Know About Litigation Finance
(DBN)

Bingham Greenebaum Doll announces new firm leadership
(DBN)

Following Wells Fargo sham account claims, Cravath partner tapped as new GC
(DBN)

The most important part of networking happens before you even set foot in an event or meeting
(DBN)

Landing a Dream Job Requires Digging
(DBN)

The White House is staffing up with lawyers
(DBN)

When You’re Miserable And You Don’t Know Why
(DBN)

If workplaces want to cut back on burnout, vacation email bans may be a good start
(DBN)

You Schmooze, You Lose
(DBN)

Is it worthwhile to speak at legal conferences? Would doing so be a good resume builder?
(DBN)

Law School Faculties: The Most Segregated Hour In America
(DBN)

Lawyer accused of telling tenant to ‘commit suicide’ sued for $25M
(DBN)

Casey Anthony breaks her silence: I don’t know what happened
(DBN)

Clients of the Future: Slaughter and May selects the chosen ones
(DBN)

Senate, Trump Repeal Labor Protection Laws
(DBN)

If racial comments are made in jury deliberations, courts should investigate, SCOTUS says A Jury That Was So Racist The Sixth Amendment May Never Be The Same Again
(DBN)

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Judges:

When Your New Neighbor Is a Retired U.S. Supreme Court Justice
(DBN)

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Wall Street:

US stock futures lower as Fed blackout period kicks off
(DBN)

Stocks Fall
(DBN)

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Layoffs:

GM is laying off 1,100 workers in Michigan to shift SUV production to Tennessee
(DBN)

Report: ESPN's next round of layoffs is going to include on-air personalities
(DBN)

470 layoffs planned for Eden Detention Center
(DBN)

100 Layoffs Coming to Wilson Trucking Corporation
(DBN)

Condé Nast to Lay Off Around 100
(DBN)

BCFS Health and Human Services gives notice of 95 layoffs
(DBN)

Pharmaceutical, marketing firms to lay off 136 workers
(DBN)

CVS to lay off 99 workers
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Politics:

No, a Good Lawyer Could Not Make a 'Great Case' Out of Trump's Wiretap Claim White House spokeswoman says Trump does not accept FBI denial over phone-tap claims ‘Nothing supports what the president said’: Jason Chaffetz questions Trump’s wiretapping charges What James Clapper didn't say about Trump's wiretap claims is just as important as what he did Wiretap Proof? A President Can Declassify Anything They Want FBI Director asked Justice Department to reject Trump's wiretapping claim — they haven't listened Trump’s Wiretap Charge Seems to Be a Fabulist Take on Murky Legal Proceeding Congress will investigate Trump's wiretap allegations Conservative writer who talked to Trump after wiretap tweets: 'I haven't seen him this pissed off in a long time' Trump Knows the Feds Are Closing in on Him
(DBN)

Donald Trump's hotel in Azerbaijan linked with corruption, Iran's Revolutionary Guard
(DBN)

Trump hotel may be political capital of the nation's capital
(DBN)

Donald Trump's Worst Deal
(DBN)

Toronto: Trump Tower's Financial Problems
(DBN)

Trump Kids Are Expanding Like Crazy
(DBN)

Trump May Not Accept Findings on Russia Ties
(DBN)

The One Way Trump’s Administration Really Is a Fine-Tuned Machine
(DBN)

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Taxis:

Disgruntled Uber employees are reportedly talking to recruiters and rival firms
(DBN)

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Food/Beverage:

Kroger's 13-year winning streak just ended — and it’s a warning sign for the entire grocery industry
(DBN)

Allens trustee seizes $4.8M
(DBN)

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Education:

Orphan Endowments of Dead Schools Bedevil States Across America Here's What Happens to Endowments When Colleges Close
(DBN)

Trump University Settlement in Jeopardy as One Student Wants to Sue Separately Floridian Wants Out of Trump U Settlement
(DBN)

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Aviation:

CHC takes 'final legal step' in bankruptcy exit
(DBN)

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Religion:

Ex-members of North Carolina church say prosecutors obstructed abuse cases
(DBN)

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Economy:

JPMorgan Economist Explains Why He Changed His Fed Call
(DBN)

Trump’s $1 Trillion Infrastructure Dream Faces the Same Old Nightmares
(DBN)

U.S. factory orders rise for second straight month
(DBN)

President Trump's revised travel ban to apply to those seeking new visas Here are the key changes to Trump's travel ban Trump's new travel ban explicitly says it's not about banning Muslims 200 Economists on Value of Immigration Dairy Farmers Fear Trump Immigration Plan How the New Trump Travel Ban Could Hurt the US Economy
(DBN)

The guy running Trump's trade policy just wrote a seriously troubling op-ed in the Wall Street Journal
(DBN)

Leashes Come Off Capitalistic Animal Spirits
(DBN)

Trump plans piecemeal budget release, obscuring broader fiscal picture
(DBN)

Steve Mnuchin Apparently Really Annoyed That Reince Priebus Isn’t Grasping His Whole “Full Goldman Treasury Department” Vision
(DBN)

Trump’s Top Economist On Trade Still Fuzzy On Trade Economics
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Mortgage Origination Volumes by Year Since 2000 Black Knight: Mortgage "Origination volumes in 2016 highest level seen in nine years"
(DBN)

Millennials are forcing America's largest corporations to kill traditional suburban office parks
(DBN)

Americans could be killing the McMansion for good
(DBN)

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Municipalities:

First Circuit Provides Clarity to Puerto Rico Creditors Seeking Relief
(DBN)

Oversight Board Director Owns at Least $265,000 in Puerto Rico Bonds
(DBN)

A Century of... Not Much for Puerto Rico
(DBN)

California is Exporting Their Poorest to Texas
(DBN)

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Oil/Gas:

Seadrill - No Relief Coming
(DBN)

Gas Firms Turn Litigants After $200 Billion Spending Spree Sours
(DBN)

Oil prices entrenched in tight range; eyes on data
(DBN)

Oil And Gas IPOs Return Amid Oil Price Recovery
(DBN)

Fitch Predicts Drop In Oil Prices By 2017 As U.S. Shale Output Soars
(DBN)

Oil majors reverse decade of stalled growth to beat supply crunch fears Exxon highlights plans for spending $20 billion, creating jobs on Gulf Coast IEA warns of oil supply crunch unless drillers build new projects IEA Predicts Oil Shortage and Price Spike Within 3 Years IEA expects oil companies reviving investment
(DBN)

Saudis to take ownership of nation’s largest refinery
(DBN)

Saudi Aramco Cuts Cost of Crude Oil
(DBN)

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Healthcare:

Texas hospital says it will close if Aetna doesn't release bank garnishments
(DBN)

New legal headaches for Palmaz Scientific officials
(DBN)

Hutcheson trustee asks Lookout Mountain physician to return $85,000 in consultant pay
(DBN)

The Geography of Medical Debt
(DBN)

Republicans have released their long-awaited plan to repeal Obamacare The House GOP didn't say how they'll pay for their Obamacare replacement ACA Repeal: Worst Than Anyone Thought Obamacare Replacement Explained The House GOP plan to repeal and replace Obamacare would effectively defund Planned Parenthood The GOP is expected to unveil its healthcare bill this week It's Do-or-Die for Repeal-and-Replace Republicans finally ready to reveal ACA repeal and replace plan but opposition is likely Paul Ryan's plan to repeal and replace Obamacare is expected to come out soon — here are the biggest fights he'll face
(DBN)

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Retailing:

Bankrupt retailer BCBG selling fashion, fixtures
(DBN)

Electronics retailer hhgregg files for bankruptcy First Day Dec
(DBN)

Rise of Amazon leaves even more retailers in intensive care Retailers are slumping on declining February sales
(DBN)

Gordmans Stores Is Said to Prepare for Bankruptcy Filing Department store chain Gordmans facing bankruptcy
(DBN)

A struggling mall in Virginia has replaced storefronts with vending machines
(DBN)

There's no end in sight to the deep slump in brick-and-mortar retail
(DBN)

Rise of Amazon leaves even more retailers in intensive care
(DBN)

RadioShack to Seek Bankruptcy Protection, Again
(DBN)

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Autos:

A Long Road Trip: The GM Bankruptcy Saga Continues

Why GM is getting out of the European car business General Motors Admits Its Final Failure in European Markets GM and Opel: It's complicated...and has been for decades Brexit pushes GM to pull the plug on Europe By selling its European brands, GM ‘gets rid of a perennial loser’
(DBN)

The tough logic behind PSA's takeover of Opel
(DBN)

How to save a car company — from the guy who did it at Nissan
(DBN)

GM shifts from bigger is better to less global, more profitable
(DBN)

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Mining:

Molycorp Wins Emergency Oaktree Loan to Fund Reorganization
(DBN)

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Accounting:

Publicity looms as PwC, MF Global go to trial in New York
(DBN)

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Coal:

Peabody Energy agrees to collateral for mine cleanup costs
(DBN)

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Agriculture:

Ag bankruptcy primer
(DBN)

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Electricity:

Electricity Use Continues to Fall
(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 (33 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (_29new 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:

February 2017 Total Bankruptcy Filings Decrease 10 Percent from Last Year, Chapter 11 Filings Down 20 Percent
(DBN)

Weekly Bankruptcy Claims Trading Activity
(DBN)

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Committees:

Can the U.S. Trustee Disband What the U.S. Trustee Forms?
(DBN)

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Discharge:

Directors, Officers and Other Responsible Persons Be Aware - Your Vicarious Liability for Your Company’s Violations of Securities Laws May Not Be Dischargeable
(DBN)

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Environmental:

Tenth Circuit finds that Ch. 11 Bankruptcy Debtor’s Settlement of CERCLA Claims No Bar to Post-Reorganization Contribution Action Against Other PRPs
(DBN)

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Consumer Bankruptcy:

New Article from the Consumer Bankruptcy Project: Attorneys’ Fees and Chapter Choice
(DBN)

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History:

Three Ages of Bankruptcy
(DBN)

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Avoidance Actions:

Author Sheds Light on Vague Areas of Ordinary Course of Business Defense
(DBN)

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Sales:

Sale That Provides No Recovery for Junior Lienholders OK'd
(DBN)

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Banking:

Postmortem plans for banks under threat of extinction - Developments in Italy and US call into question bank resolution efforts
(DBN)

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Shipping:

South Korea's bankrupt Hanjin Shipping has vessel sold by Singapore court
(DBN)

Bankrupt Hanjin Shipping to be delisted
(DBN)

International Shipholding Corporation’s Plan of Reorganization Confirmed by Bankruptcy Court
(DBN)

Seaspan: Time For Another Look At Shipping
(DBN)

Shipping firms have the best-performing stocks this year
(DBN)

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Non-Profits:

UW-Oshkosh Foundation May Face Bankruptcy
(DBN)

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Student Debt:

How changes to bankruptcy code could affect your student loans
(DBN)

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Corporate Reform:

Wall Street Cops Reined In as SEC Braces for Trump Budget Cuts
(DBN)

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UK:

British consumers have suddenly changed their habits and it's sending a terrible signal for the economy
(DBN)

There is a huge problem that's making it increasingly difficult for Brits to buy houses
(DBN)

We just got another sign that Brexit is ending the consumer boom
(DBN)

Brexit voting areas are going to be worst hit by the economic fallout — while London will be ok
(DBN)

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EU:

Euro-Area Redenomination Risk and the Gold Clause Cases
(DBN)

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PIIGS:

Creditors ' Teams Leave Greece Without Any Progress in Talks Standing differences between Greece and creditors remain
(DBN)

Greek Firms Have Found a Way to Dodge Payroll Charges
(DBN)

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Canada:

Rising real estate prices in Vancouver are making 5 people homeless every week
(DBN)

Home owning millennials grappling with high debt loads
(DBN)

Why It Isn’t Game Over For Canada’s Oil Sands
(DBN)

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MENA:

Why UAE's new bankruptcy law is a boon for business
(DBN)

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Malaysia:

Bankruptcy Act: Amendments to be tabled this Parliament sittings
(DBN)

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India:

Auction fails again for Mallya's Kingfisher House, Goa Villa
(DBN)

Debt ridden companies to provide inbound M&A opportunities: Study
(DBN)

Creditors of REI Agro file for insolvency under new Bankruptcy Law
(DBN)

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Mexico:

Giant Mexican Homebuilder Lied Its Head Off
(DBN)

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Brazil:

Brazil's recession steepens in fourth-quarter, becomes worst on record

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