November 27, 2017

The Daily Bankruptcy News

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Law:

Sedgwick To Shut Down After Deluge Of Partner Defections • Clyde & Co and DAC Beachcroft Eye Sedgwick's London Office • Sedgwick to shut up shop after 85 years
(DBN)

The 2017 Holiday Gift Guide For Lawyers
(DBN)

ICYMI: The 2017 ATL Top 50 Law School Rankings
(DBN)

Revealed: Law firms’ average arrive and leave the office times 2017-18
(DBN)

Strategies For Succeeding As A Solo
(DBN)

The Best Law Firm Marketing BS — Tier 1
(DBN)

2017 What’s Hot and What’s Not in the Legal Profession
(DBN)

The Rise And Fall Of A Law School Empire Fueled By $1 Billion Of Federal Loans
(DBN)

UC-Hastings Law Dean Calls Bar Exam Failure For Top Schools 'Unconscionable'
(DBN)

Ten Law Schools Sanctioned By ABA For Lax Admissions
(DBN)

ABA Opposes TRO To Block Release Of Western Michigan-Cooley Law School's Noncompliance With Accreditation Standards: 'Students Deserve To Know The Truth'
(DBN)

Deciding To Go To Law School In One Epic Flowchart
(DBN)

University of Illinois, Chicago exploring possibility of acquiring John Marshall Law School • University of Illinois-Chicago May Absorb John Marshall, Creating Chicago's First Public Law School
(DBN)

Syracuse Faculty Attribute 92% Bar Pass Rate To Requiring Nine Courses For Students With GPAs < 2.5, Repeating 1L Courses For Students < 2.2 GPA
(DBN)

Union for State Bar of California employees files unfair practice charge
(DBN)

AALL Survey Reveals: Budgets, Staffing, Salaries in Law Libraries on the Rise
(DBN)

I’m a jr. litigation partner at a mid-sized law firm. I have great credentials and trial experience, but no portable book of business. Will I be able to “upgrade” to a big firm as a partner?
(DBN)

Uber ousts in-house counsel who suppressed information about 2016 data breach
(DBN)

Convictions Roil Big Law Firms as Partners Seek 'The Good Life'
(DBN)

How to produce a great legal event
(DBN)

Biglaw Holiday Decision Tree: Do You Have To Work The Friday After Thanksgiving?
(DBN)

The Lawyer Responsible For A Thanksgiving Table Staple
(DBN)

The Kurtz Principle
(DBN)

Will You Ever Be Able To Pay Off Your Law School Debt?
(DBN)

When Your Brother Blows Up Your Biglaw Interview
(DBN)

Former BigLaw lawyer pleads guilty in multimillion-dollar phony invoice scheme
(DBN)

New Details on Trump-Russia Meeting • Newly-obtained flight records shed light on Paul Manafo • Special counsel Robert Mueller stands on reputation that belies a record including fumbles • Flynn Cooperating With Prosecutors Could Be Dangerous for Trump • Mueller is eyeing Flynn's involvement in a film his lobbying firm did not want anyone to know about extensive Russia ties • Dem on Flynn: 'Karma can be very difficult' • In Mueller Cases, Picking a Fair Jury Poses a Challenge • Ex-intelligence analyst claims Trump and Pence could have been behind Flynn's mysterious Russia phone call • Turkey's Torrid Love Affair With Michael Flynn • Michael Flynn's Legal Team Informs White House They Can No Longer Discuss Mueller Investigation • Hope Hicks has been a quiet Trump loyalist but is about to be thrust into Robert Mueller's Russia probe • Flynn may be moving to cooperate with Mueller's Russia probe • Obama ethics czar: Jared Kushner 'will flip like a pancake' on Trump obstruction • Trumps Can Never Really Check Out of SoHo Hotel • Michael Flynn Has Something on Trump if He Is Cooperating with Mueller, Say Lawyers • Former White House Lawyer: Robert Mueller 'Loves Surprises' • Donald Trump Jr. Baiting Investigators • FBI didn't alert U.S. officials they were targeted by Russian hackers
(DBN)

Jay Sekulow May Have No Clue What He’s Doing
(DBN)

Conservative lawyers are among the president’s biggest enablers - They will come to regret it
(DBN)

4 women have now alleged misconduct against Sen. Al Franken • Al Franken: I Only Blame Myself • Franken, That Photo and Trusting the Women • Franken Says He Doesn’t Remember Photos, Plans Return to Senate • Charlie Rose Being Stripped of Awards • Americans think harassment is a problem in Hollywood and DC — but not where they work • #ChurchToo: abuse survivors speak out about harassment in their religious communities • Over 180 Women Have Reported Assault at Massage Envy • Weinstein inquiry: police departments likely to join forces, experts say • LAPD chief expects more high-profile Hollywood allegations • 'We're not finished yet': LAPD predicts even bigger name stars • The industries with the worst harassment problem • Pelosi Says She Believes John Conyers ‘Will Do the Right Thing’ • Conyers leaves House committee post amid misconduct allegations • Democrat accused of harassment steps down from leadership post after Nancy Pelosi gives disastrous TV interview • Nancy Pelosi Doesn't Protect Women • Conyers Accuser Demands to Be Released from Confidentiality Agreement • Second ex-Conyers staffer who alleged harassment dropped suit after judge denied motion to seal • Anita Hill: Sexual harassment will force 'tough decisions about people we admire' • Congress Returns to Intense Pressure to End Secrecy Over Harassment • Congress races to fix secret hush money system as "a lot more" revelations expected
(DBN)

You Won’t Believe This Infuriatingly Sexist Law Firm Memo From The 1950s
(DBN)

Tracking Women’s Progress In The Legal Profession
(DBN)

While eyes are on Russia, Sessions dramatically reshapes the Justice Department
(DBN)

‘Please, God, Don’t Let Me Get Stopped’: Around Atlanta, No Sanctuary for Immigrants
(DBN)

The owner of the world's most famous boxing gym explains how he got Mike Tyson out of jail time
(DBN)

43 states suspend licenses for unpaid court debt, but that could change
(DBN)

The facts on mass shootings in the United States
(DBN)

Bill Cosby Can Be Sued Over Lawyer's Threats to Sue Media
(DBN)

New York Man Hunts Deer After Sunset With Handgun . . . Kills Woman Walking Her Dogs
(DBN)

Oxford Sued Over Grades by Student Who Didn't Get Into Yale
(DBN)

What Font Should You Use For Your Résumé? Apparently This Matters To People.
(DBN)

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Judges:

Conservatives have a breathtaking plan for Trump to pack the courts
(DBN)

Vegas lawyer is suspended partly for Facebook comments accusing judge of religious bias
(DBN)

Florida governor demands justice’s disqualification for comment caught on live microphone
(DBN)

Lead Yourself First: An Interview With Judge Raymond M. Kethledge
(DBN)

Dad jokes on Twitter shouldn’t disqualify a judge from the federal bench
(DBN)

Gorsuch establishes conservative cred in 1st year on court
(DBN)

Judge Sanctioned For Program Offering Reduced Jail Time To Prisoners Who Sterilize Themselves
(DBN)

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Wall Street:

US futures post mild gains ahead of open, as investors look to fresh data
(DBN)

S&P 500 closes above 2,600 for first time as Street bets on strong holiday shopping season
(DBN)

Hedge Funds: 17 Stocks About to Implode
(DBN)

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Layoffs:

Teva to cut up to 25% of Israel, 10% of U.S. workforce, report says
(DBN)

GE to cut 148 jobs from its San Ramon division
(DBN)

Patriot National lays off 250 workers, enters forbearance agreement with lenders
(DBN)

Honeywell to layoff 170 at Metropolis plant
(DBN)

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Pensions:

Should Failing Private Pension Funds Get a Federal Bailout?
(DBN)

US Lawmakers Propose Pension Rehabilitation Administration
(DBN)

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Politics:

Trump: I Passed on Being Time's Person of the Year • Time Magazine Refutes Trump's Claim • Celebrities skewer Trump for claiming he 'took a pass' at being Time's 'Person of the Year'
(DBN)

Trump lashes out at CNN, calls Fox News 'MUCH more important'
(DBN)

Roy Moore and the confused identity of today’s “evangelical” voter • Trump was reportedly annoyed that Ivanka Trump criticized Roy Moore • “Abuser”: Doug Jones’s brutal new ad against Roy Moore • Trump issues another de facto endorsement of Roy Moore, railing against his opponent in Sunday morning tweets • What Trump and McConnell are thinking about Roy Moore • Trump: "The last thing we need in Alabama" is a Democrat • Trump Sticks With Moore as Republican Senators Want Him Gone • Kellyanne Conway Hit With Hatch Act Complaint Over Moore Comments
(DBN)

John Kelly reportedly wanted Kushner and Ivanka Trump to leave the White House by the end of the year • Jared’s jam: Kushner hit by White House aides, media
(DBN)

Trump wants to end welfare as Bill Clinton knows it
(DBN)

Dem lead in generic ballot polls worries GOP
(DBN)

Trump: Wasn't Me on Access Hollywood Bus • Trump reportedly suggested twice this year that the vulgar 2005 'Access Hollywood' tape was a fake
(DBN)

Melania Trump Did Not Want To Be First Lady • Melania Didn't Want Any of This
(DBN)

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Fraud:

Study: Holiday fraud on pace to increase 30% this year
(DBN)

Lindemuth bankruptcy attorney permitted to testify in Topeka businessman’s bankruptcy fraud case • Bankruptcy trustee: Topeka police find five undocumented vehicles in Lindemuth building
(DBN)

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Student Debt:

Win for Debtor in Student Loan Arena
(DBN)

Ferguson wants changes to student loan repayment
(DBN)

Tug-of-War on Loan Servicing
(DBN)

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Retailing:

The first department store bankruptcy since the Great Recession could be coming soon
(DBN)

Stores were emptier than ever this Black Friday — but sales are soaring
(DBN)

Cyber Monday sales expected to set record
(DBN)

It's Make-or-Break Christmas for These Struggling Retailers
(DBN)

Amazon steals half of all online sales on Black Friday • Smartphones steal Black Friday dollars, as mobile sales break records
(DBN)

Black Friday online sales reach record $5 billion
(DBN)

Gun Sales Strong on Black Friday
(DBN)

Amazon Black Friday records push Jeff Bezos’s fortune past $100 billion
(DBN)

Black Friday boosts battered department stores, some of which are claiming a 'record' weekend
(DBN)

Furious About Macy's Credit Card Glitch • Macy's Black Friday credit card system issues could have a lasting impact
(DBN)

Can little Middleburg stay its ground against America’s retail apocalypse?
(DBN)

On this Black Friday, some mall visitors came out for more than bargains
(DBN)

The Death of the Department Store
(DBN)

J. Crew bleeds in Q3; ups store closings
(DBN)

Bankrupt vitamin and supplements retailer begins store closings
(DBN)

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Economy:

Five Economic Reasons to be Thankful
(DBN)

Powell's inflation outlook to be top question at Fed chair confirmation hearing
(DBN)

The Fed launched QE nine years ago — these four charts show its impact
(DBN)

Wall Street's faith in the Fed might soon be tested
(DBN)

Study: Consumers Continue to Spend Using Credit Cards
(DBN)

Q4 GDP Forecasts
(DBN)

FOMC Minutes: Several Participants Worried about "A sharp reversal in asset Prices"
(DBN)

Economists Smell a Turkey in the GOP Tax Plan • The GOP Tax Plan Is Entering Its Make-or-Break Week • New dynamic score shows the Senate tax bill raises debt by more than advertised • GOP leaders in advanced talks to change tax plan in bid to win over holdouts • New Analysis Finds That the Senate Plan Fails the Byrd Rule • Trump to meet with Senate Republicans ahead of crucial tax votes • Did House committee bar Democratic witnesses on GOP tax bill? • Here's what Trump's tax plan means for the stock market • The Republican Tax on the Future • Senate GOP tax bill hurts the poor more than originally thought, CBO finds • Signals from a Tax Bill Swing Vote: Murkowski Backs Mandate Repeal • The theory behind Trump’s tax cuts is exactly what gave us the failed Bush economy • GOP Deficit Hawks May Kill Tax Bill • Senate Gives Trump Historic Victory • Expiring provisions threaten to upend promised tax relief • Tax Bill's Gift to the Religious Right • NY Could Lose Top Earners Under Tax Bill • Senate Finance Tax Bill Would First Trim, Then Raise Taxes For Half Of Households By 2027 • Farmers Who Would Gain From the Tax Bill Are Wary of Losing Subsidies Later • GOP: What Middle Class? • The GOP Tax Plan is Just a Bit Insane • GOP Tax Plan Could Hit Your Social Security • Something Very Strange About GOP Tax Plan • Congress coming back to crush of business in a fraught time • Why higher education hates the new tax bills • GOP Tax Plan Has More Middle Class Pain • Why the GOP Tax Bill Is So Unpopular
(DBN)

A hated tax but a fair one - The case for taxing inherited assets is strong
(DBN)

What’s to blame for slower growth and rising inequality?
(DBN)

Trump's missing infrastructure plan
(DBN)

The stock market may be rising, but a report from the Federal Reserve shows the grim state of American wealth
(DBN)

NAFTA and Two Texas Bridge Owners
(DBN)

US Wants Tariffs on Samsung, LG Washers
(DBN)

Steve Mnuchin Says the Darnedest Things
(DBN)

9 of the biggest problems baby boomers are facing right now
(DBN)

Gary Cohn Now Condescending To Donald Trump Like Lloyd Blankfein Used To Condescend To Gary Cohn
(DBN)

Toyota puts U.S. workers on alert with cost-cutting initiatives
(DBN)

Raise the Damn Gasoline Tax
(DBN)

Trade Worries Led Wisconsin Mill Town to Trump. It’s Still Uneasy
(DBN)

Why lawmakers keep trying to whack retirees
(DBN)

10 states with the highest increase in well-paid jobs that don't require a college degree
(DBN)

Hotel Occupancy Rate Increase Year-over-Year, On Pace for Record Year
(DBN)

Mapping the Richest People in the World
(DBN)

Animation: U.S. Population Pyramid From 1980-2050
(DBN)

Seattle's Income Tax on the Wealthy is Illegal - Judge Rules
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

Foreclosure: Debtor Who Fails to Pay Has an Uphill Battle Finding a Remedy Based on Procedural Defects
(DBN)

MBA: Mortgage Applications Increase Slightly in Latest Weekly Survey
(DBN)

Hurricane Harvey could be the biggest housing recovery in American history — and thousands of Texans could miss out on millions
(DBN)

It’s not just lobbyists who say tax reform will slash home prices
(DBN)

Baby boomers, like millennials, are flocking to rentals offering a 'hands-free' lifestyle
(DBN)

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Municipalities:

Puerto Rico grid contractor resumes work after partial payment
(DBN)

Mr. Trump’s Paper Towels Aren’t Helping Puerto Rico
(DBN)

Puerto Rico's colonial status hinges on a New York hedge fund's greed
(DBN)

Puerto Rico is set to become the world's worst economy next year
(DBN)

Congress Can Save—or Destroy—Voteless Puerto Rico
(DBN)

Puerto Rico Doesn't Want Reform
(DBN)

The mainstream media didn’t care about Puerto Rico until it became a Trump story
(DBN)

Puerto Rico’s Farmers Face A Long Road To Recovery Post-Hurricane Maria
(DBN)

Added to the Storm’s Toll, Guilt and Heartache for Puerto Ricans Who Fled
(DBN)

Storm-ravaged Caribbean gets $2 billion to rebuild, but is that enough?
(DBN)

Hurricane changes the game for Puerto Rico bond investors
(DBN)

Puerto Rico: "We will not surrender"
(DBN)

2 months after Hurricane Maria, disaster-stricken Puerto Ricans say they feel forgotten
(DBN)

GOP’s Tax Bill Would Be Worse for Puerto Rico’s Economy Than Hurricane Maria
(DBN)

A review of some of the bids to woo Amazon’s HQ2 to other cities and states shows it’s not all about the money. In some cases democracy itself is a bargaining chip • The frenzy to lure Amazon
(DBN)

A reach across differences: Former mayor, emergency manager work together on mentoring
(DBN)

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Oil/Gas:

Pace of E&P bankruptcy filings slowed in 2017: attorney
(DBN)

Oil climbs to two-year high
(DBN)

Rising Oil Prices Reignite the OPEC-US Shale Rivalry • OPEC Battle With US for Oil Supremacy Nears Day of Reckoning
(DBN)

Oil industry gets a warning about its exploration cutbacks and 'depleted' investment
(DBN)

Shale Is Confounding Everybody, But Never Mind
(DBN)

Putin Crowns Himself OPEC King
(DBN)

Uresti witness arrested for alleged armed robbery
(DBN)

The growing rig count maintains its November momentum
(DBN)

Maduro taps major general to lead Venezuela's deteriorating oil industry • Venezuela Could Lose A Lot More Oil Production
(DBN)

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Corporate Reform:

Trump taps Mulvaney to head CFPB, sparking confusion over agency's leadership • Battle for Control of Consumer Agency Heads to Court • CFPB battle heats up, as Cordray’s successor sues to block Mulvaney • Trump Won’t Be Able to Defang the CFPB Without a Fight • Dueling appointments set up a battle between Trump and Elizabeth Warren's favorite government agency • A Stealthy Attempt to Thwart Trump • CFPB Directorship Succession: What the Dodd-Frank Act's Legislative History Tells Us • Why Wall Street and GOP Hate the CFPB • White House consulted Justice Department before naming CFPB critic to lead agency, administration says • Legal Malarkey from the White House about the CFPB Putsch • OLC Legal Opinion and the Missing Legislative History • The Myriad Irregularities of the Mulvaney "Appointment" • Elizabeth Warren and the left go to war with Trump over the future of the top consumer watchdog agency • Richard Cordray won't be around to see the court decision that would have got him fired • Here's what the new CFPB director should change
(DBN)

Wall Street’s watchdog is pursuing fewer cases since Trump took office
(DBN)

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Health Care:

Fraud claims spur feds to halt funds to Bangor agency that serves people with disabilities
(DBN)

Actuaries Warn Congress About Dangers of Repealing the Obamacare Mandate
(DBN)

States Prepare to Shut Down Kid's Health Plans
(DBN)

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Hotels:

State tax department wants Morgantown hotel bankruptcy moved to WV
(DBN)

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Debt Collection:

FDCPA Case Law Review for September and October 2017
(DBN)

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Taxis:

Thousands of Uber Drivers Working 60 Hours
(DBN)

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Entertainment:

Former Weinstein Co. Video Distributor Increases Pressure on Studio
(DBN)

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Telecoms:

Aurelius Challenges Legality of Windstream Debt Swap
(DBN)

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Coal:

U.S. Coal Industry Shows No Sign of Comeback
(DBN)

Texas coal plant layoffs and closures moving forward with state approval
(DBN)

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Asset Protection:

FDCPA Overrides State Law Limitations Period And Charging Order Exclusivity In Wilhite
(DBN)

Charging Order Not Exclusive Remedy For SMLLC Interest In Heckert
(DBN)

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Celebs:

How to Deal With Debt and Today's Hottest Rap Stars
(DBN)

David Cassidy died penniless after squandering his Partridge Family fortune
(DBN)

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Media:

Thiel challenges clause preventing him from buying Gawker assets
(DBN)

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Maritime:

No Recovery For Rand Logistics Shareholders In Prepackaged Bankruptcy
(DBN)

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Pharma:

Forward Pharma Announces Completion of Corporate Restructuring Plan
(DBN)

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New Bankruptcy Opinions
(11 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (7 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (47 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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IP:

DLA Piper prepares report on the protection of IP rights in insolvency proceedings for INSOL International
(DBN)

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Eligibility:

Can a Corporation file Chapter 7 Without Approval of the Shareholders?
(DBN)

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Agriculture:

New law, sponsored by Chuck Grassley, relieves a tax headache for farmers facing hard times
(DBN)

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Bankruptcy Rules:

Impending Amendments to the Bankruptcy Rules Significantly Change a Secured Creditor’s Duties on Filing Claims
(DBN)

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Safe Harbors:

A Surprise Development at U.S. Supreme Court in Oral Arguments on Merit Management v. FTI Consulting
(DBN)

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Litigation:

Law firm economics: Comparing the costs of self-finance vs. outside finance
(DBN)

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Autos:

The Model 3 is putting Tesla in dangerous territory • In praise of Tesla's bankruptcy • Tesla's Burning Through Nearly Half a Million Dollars Every Hour • Tesla's Fired Employees are Dishing Out Dirt
(DBN)

Feds to Sue Santander Over Auto Loans
(DBN)

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Education:

Report: A rising number of California college students are turning to food stamps—even at Berkeley
(DBN)

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Football:

Is This the End of the NFL?
(DBN)

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Personal Finance:

Paying down your debt is the best investment you can make right now
(DBN)

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Banking:

November 2017: Unofficial Problem Bank list declines to 108 Institutions • Number of FDIC-Insured "Problem" Institutions from 2009-17
(DBN)

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UK:

Monarch owed customers, staff and suppliers £466m when it fell into administration • Monarch owed £466m at time of collapse - but holidaymakers unlikely to see any of it • Monarch owners could profit from collapsed airline • UK restates intent to review airline insolvency laws post-Monarch • Thomas Cook has bid for Monarch slots at London Gatwick - sources
(DBN)

Clifford Chance partner to be prosecuted by SRA
(DBN)

Former Baker McKenzie IT partner jailed
(DBN)

U.K. Debt Could Stay Above Pre-Crisis Levels Until 2060s
(DBN)

KPMG and Weil launch MF Global UK Limited (in special administration) CVA Proposal
(DBN)

Know the rules! Further changes to IR 2016 afoot
(DBN)

UBS: Dark Clouds Forming For UK Economy
(DBN)

Brexit bails out UK hotel sector – less than 1 per cent of UK hotels at risk of insolvency
(DBN)

UK government told to accept high immigration or forget trade deal with India after Brexit
(DBN)

Ireland will block Brexit talks unless border issue agreed
(DBN)

Half of businesses admit to paying suppliers late
(DBN)

Accountant receives eight-year bankruptcy restriction
(DBN)

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PIIGS:

Greece turns corner following debt crisis • ESM chief says Greek aid loan needs may be smaller than previously expected • Creditors Put Greece Reform Efforts Under the Microscope
(DBN)

Catalan Leader Doubles Down on Independence Pledge
(DBN)

France, Italy Get EU Warning Over Debt Level, Spending Plans
(DBN)

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Canada:

As abandoned wells increase, Alberta asks Ottawa to change bankruptcy laws
(DBN)

CRA’s Super-Priority Remains Operative Over Pre-Bankruptcy Payments to Secured Creditor
(DBN)

Sobeys to lay off 800 workers across Canada
(DBN)

A journey of recovery: Contractor who built TD Place veil rebounding from bankruptcy
(DBN)

Fraud trial of the 'Muslim Madoff' adjourned after accused fires lawyer
(DBN)

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Venezuela:

Alter Ego and Alter Id, Venezuela Edition
(DBN)

Venezuela bondholders look to form alliances under restructuring limbo
(DBN)

Small Puerto Rican Bank Halts Venezuela Correspondent Services
(DBN)

Domination Isn't (Always) Fraud: Venezuela Edition
(DBN)

Mr. Maduro Writes an Exam Question on Veil Piercing
(DBN)

Old Wine in New Bottles: Geopolitics and Venezuela's Debt
(DBN)

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MENA:

235 dead after Egypt mosque horror: 'They pretty much have bullets in every part of their bodies' • Egypt raises death toll in Sinai mosque attack to 305, including 27 children
(DBN)

Necessary to adopt law on protection of creditors' rights in Azerbaijan
(DBN)

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Australia:

The Party Is Over for Australia's $5.6 Trillion Housing Frenzy • Aussie Housing Market Is Four Times the Size of Economy
(DBN)

Mastermind 'behind Australia's biggest Ponzi scheme used his girlfriend's savings and $50,000 from his late mother's estate to prop-up $209 million fraud'
(DBN)

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India:

Indian Bankruptcies Go Karmic, Uncle Sam Style
(DBN)

India's ‘Dirty Dozen’ Debtors Lure Big Funds to Their Bad Loans
(DBN)

India needs insolvency ordinance to deal with Rs 9.5 lakh crore bad loan monster
(DBN)

India plugs a loophole that let people game the bankruptcy code • The Unintended Consequences Of The IBC Ordinance • Unreasonably untouchable • India changes bankruptcy law to close 'wilful default' loophole • New insolvency rules will reduce flexibility • Don't create entry barriers for promoters • India's new insolvency ordinance: Blunt, unforgiving and political • Govt shot in the foot by making IBC terms so exclusive • Let crooked promoters bid too • Can the Insolvency & Bankruptcy Code Hurt Independent Bidders? • Messy fix: the amended insolvency code • After bar on promoters, official says undue gain for foreign bidders unlikely • Political Bankruptcy in India
(DBN)

Some promoters escape tight insolvency norms
(DBN)

The Great Indian Asset Sale: conditions apply
(DBN)

'IBC risks economic hazard'
(DBN)

Banks Squeeze India Firms Harder in $207 Billion Bad Loan Fight
(DBN)

SBI chief: Insolvency & Bankruptcy Code Ordinance to have no impact on valuation of assets under resolution
(DBN)

Home buyers may not get status of financial creditors
(DBN)

Lenders, bidders split on assets valuation
(DBN)

China Development Bank Files Insolvency Petition Against RCom
(DBN)

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Norway:

Norway's Aker to bid for debt-laden Norske Skog's paper mills
(DBN)

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Croatia:

Behind the Croatian bankruptcy that's shaking the Balkans
(DBN)

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Brazil:

CEO of Brazil's Oi resigns as restructuring vote nears -shareholder • Oi CEO Resigns After Disagreements With Board • Brazil's Oi appoints Teles as acting CEO - filing •
(DBN)

Oi seeks to woo public banks, export credit agencies -sources • Pharol says ready for major dilution in Oi, to go along with cash call
(DBN)

Brazil court upholds bankruptcy protection for grains trader Seara
(DBN)

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Japan:

Fake Data Scandal Hits Another Japanese Manufacturer
(DBN)

It's time for Japan to reboot its financial reforms
(DBN)

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Singapore:

Singapore Makes a ‘Good Start’ on Its Debt Restructuring Ambitions
(DBN)

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Mexico:

The Wall Street-backed developer that reaped billions, went bankrupt and left slums across Mexico
(DBN)

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China:

Chinese ‘bike graveyards’ reveal cracks in country’s booming bike-share industry
(DBN)

China's new rules may bring sea change for millions of small investors
(DBN)

China's debt is growing at a faster pace despite years of efforts to contain it
(DBN)

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