June 1, 2018

The Daily Bankruptcy News

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Law:

5 New Trends Point to Big Changes
(DBN)

Law School Touting New $90M Digs in 2011 Now Housed in Office Building
(DBN)

The 2018 Law School Rankings Are Here, With Major Employment-Driven Changes At The Top
(DBN)

The Screaming In Law Firms Needs To End
(DBN)

Lawyering in Two-Lawyer Households: Balancing Brief-Writing and Bedtime
(DBN)

Solo & Small-Firm Lawyers Average $198k/Year… So Why Do We Portray Solos As Losers?
(DBN)

A Valid Critique Of Weil Gotshal’s New Partnership Program?
(DBN)

Reed Smith junior lawyers to receive performance feedback via phone app
(DBN)

Filling the Gaps for Corporate Counsel: Data from ALM's Corporate Counsel Agenda survey show some good news for law firms, but also highlight what can be improved
(DBN)

What Clients Really Want From Outside Counsel
(DBN)

John Quinn Wants Partners To Regret Leaving His Firm Fee-clawback provision in Quinn Emanuel partnership contract violates ethics rules, suit claims
(DBN)

If We Want Gender Equity, It's Time for Quotas
(DBN)

It’s Summer Associate Season… What Do You Plan To Do With All That Cash?
(DBN)

A group of law students, professors and formerly incarcerated attorneys say it's time to rethink the character and fitness review process
(DBN)

Do You Really Want To Go To Law School?
(DBN)

Which Law Schools Have Innovation Centers?
(DBN)

Building a niche law practice rewards extra work, special training
(DBN)

What Attorneys Need To Know Before Launching Side Businesses
(DBN)

Is there an ethical problem with attorneys ghostwriting for pro se clients?
(DBN)

Are you covered? Cyber insurance market is highly unstable and lacks uniformity
(DBN)

15 great words that will make you sound smarter
(DBN)

Constant Interruptions From Smartphone Can Impact Brain Chemistry, Scientists Say
(DBN)

The Golden Age of The Legal Entrepreneur -- Why Now and Why It Matters
(DBN)

'Our jury is the American people': Trump and Giuliani are on the warpath against Mueller, and it just might work Gowdy: I have never met or spoken to Trump Trump is now claiming that firing Comey had nothing to do with Russia Former top spy James Clapper explains how Russia swung the election to Trump Details from McCabe Memo Provide the Ultimate Proof of Why Rosenstein Should Recuse Himself Trump repeatedly pressured Sessions on Mueller investigation Giuliani dismisses Trey Gowdy's defense of the FBI: 'He's drinking the Kool-Aid' Giuliani: No Trump-Mueller Interview If We Don't Get to See Documents on FBI Informant The self-immolation of Rudy Giuliani Judge Nap: Giuliani Shouldn't Make 'Outlandish & Outrageous' Spy Allegations Without Evidence Justice Obstructed? Trump, Sessions & the FBI How the GOP Tries to Protect Sessions Trump: Why Didn’t FBI Warn Me About Russia? (It Did.) Lawyers Attack Efforts to Investigate 2016 DNC Hack Giuliani says Trump won't fire Jeff Sessions before Mueller probe ends Jared Kushner close pal Rick Gerson now under scrutiny from Mueller Here's a breakdown of costs for Mueller's Russia investigation so far Mueller's travel costs rise 80 percent, amid far-flung investigation
(DBN)

Expert explains why a federal judge wasn't sympathetic to Michael Cohen's argument on the biggest item in his case Michael Cohen Sounds Exactly Like You Thought He Would Threatening a Reporter Listen to Trump lawyer Michael Cohen go on a 2015 profanity-laced tirade at a reporter in previously unreleased audio Cohen Insisted Spousal R--- Isn’t Real 'Taxi King' gets better plea deal after raid on Trump's lawyer
(DBN)

Michael Avenatti escalates his battle with Michael Cohen and his lawyers over the tapes Avenatti claims were leaked to the press Rudy Giuliani and Michael Avenatti trade blows after Avenatti withdrew his petition in Michael Cohen's case Stormy Daniels' lawyer Michael Avenatti is driving Michael Cohen's legal team crazy Avenatti Insists That There’s a Recording of Trump Discussing Stormy Daniels Stormy Daniels Lawyer Michael Avenatti Dogged by His Own Legal Battles
(DBN)

Trump says he may pardon Martha Stewart and cut sentence of ex-Illinois Gov. Blagojevich Dinesh D'Souza mocks Preet Bharara after pardon Trump's pardons are a show of weakness to his allies, not solidarity Trump's pardon of Dinesh D'Souza has nothing to do with Dinesh D'Souza The unlikely story of how Kim Kardashian West is trying to get Trump to free a 63-year-old grandmother from prison Trump Is Weaponizing Pardons Pardon Me! The Dinesh D’Souza Story Here’s Why Dinesh D’Souza Needed a Pardon Friends in high places: How Trump uses the power of the pardon It's not normal: Trump’s obstruction and pardon moves The facts behind Donald Trump’s pardoning Dinesh D’Souza Trump can pardon whomever he wants
(DBN)

Does Roseanne Barr have a valid legal claim for cancellation of her show?
(DBN)

41 percent of men say they've never heard of the #MeToo movement Evangelical women are calling out a leader’s sexism. It’s a huge moment for #MeToo Voters don't trust Republicans to handle harassment Things Just Got A Lot Worse For Harvey Weinstein Time's up: Legal, judicial systems slow to adapt to harassment and assault issues New Email Shows Convicted Predator Larry Nassar Believes It's the Media that 'Killed Me'
(DBN)

Anti-Trump Protesters Cleared of Charges After Gov't Caught Withholding 69 Critical Recordings
(DBN)

White man mows down black good-doer with his truck — then brags about killing ‘some n-----’
(DBN)

Couple's Uber ride turns into a nightmare as Trump-loving driver starts going nuts over Mexicans
(DBN)

Florida Lawyer Disbarred After Offering Lower Fees For S--
(DBN)

Potential School Shooter Thwarted Through Mother’s Call To Police With Shootings on the Rise, Schools Turn to 'Active Shooter' Insurance Trump visits with families affected by Santa Fe school shooting
(DBN)

Bodycam Footage Shows Young Mother Did Not Kick Cops or Spit Before Being Punched on Beach
(DBN)

30-Year-Old Court Evicted From Parents' Home Calls Cops on Father While Moving, Report Says
(DBN)

The Mexican Mafia’s Iron Grip on California’s Jails
(DBN)

Captured ex-lawyer who pleaded guilty in $550M disability fraud scheme gets plea deal
(DBN)

Appeal judges mull 'troubling' questions on potential fallout from $3M verdict vs GSK over lawyer's suicide
(DBN)

Bonkers Law Firm Website: Honey Badger and Lilly the Wonderdog
(DBN)

Gibson Dunn partner fooled by comely grifter
(DBN)

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Judges:

6th Circuit panel upholds mandatory retirement at 70 for Michigan judges
(DBN)

Brock Turner was sentenced to 6 months in jail for sexual assault. Now voters may recall the judge.
(DBN)

The organized bar must address attacks on the judiciary
(DBN)

DC ethics board seeks suspension for ex-judge’s ‘manifestly absurd’ claims in $67M lost-pants suit
(DBN)

Judicial Candidate Has Some Thoughts On Muslims And Gays He’d Like To Share
(DBN)

Assessing Gorsuch: What's the verdict on justice's first full term?
(DBN)

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Wall Street:

U.S. stocks poised to rebound, as jobs report steals focus from trade wars US stocks set for a slight rebound after Trump tariffs fuel trade-war fears
(DBN)

Dow drops over 200 points as US tariffs reignite trade-war fears
(DBN)

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Layoffs:

Planned job cuts slow in May as retail continues to lead this year: Challenger report
(DBN)

651 To Lose Jobs With Bradley Center Closing: Report
(DBN)

100 mortgage company layoffs hit Charlotte
(DBN)

IBM Watson Health confirms layoffs
(DBN)

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Politics:

Trump's net worth falls by $100 million: report
(DBN)

Trump is waiting on a letter from Kim Jong Un, currently is not sure if North Korea summit is on or off Trump: North Korean delegates are coming to Washington to deliver a letter from Kim Jong Un Pompeo: "Real progress" toward Trump-Kim summit Putin Invites NKorea's Kim to Moscow Meeting Kim Jong Un reaffirms plan to denuclearize
(DBN)

US says it can take down South China Sea islands
(DBN)

Trump announces he will pardon conservative pundit Dinesh D'Souza, who pleaded guilty to campaign finance fraud in 2014
(DBN)

Roseanne Barr Just Cost Herself At Least $100 Million Stressed Roseanne puffs on a cigarette and paces the streets locked to her phone as she finally emerges to insist she 'loves all people' and reveals she begged ABC to save her show Behind Sanofi's Response to Roseanne's 'Ambien Tweeting' Excuse
(DBN)

Samantha Bee apologizes to Ivanka Trump for calling her a 'c---' Trump wants Samantha Bee fired for insulting Ivanka At least 2 companies yank ads
(DBN)

Outrage, apologies and pardons in the age of Trump
(DBN)

Trump says he’s a master negotiator. Those who’ve actually dealt with him beg to differ
(DBN)

Obama ripped Trump as ‘cartoon’ figure after election
(DBN)

America's partisan climate is harming family unity: study
(DBN)

Secret Service overpaid 2016 campaigns by $4 million for air travel
(DBN)

MSNBC Host Joy Reid faces new question about old Blog
(DBN)

Government watchdog says White House is ignoring its questions
(DBN)

Boehner: Republicans ‘taking a nap’ while Trump has taken over party
(DBN)

About Half of Americans Say U.S. Moral Values Are ‘Poor’
(DBN)

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Personal Finance:

There's now analytical proof behind 'keeping up with the Joneses'
(DBN)

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Autos:

A $523 monthly payment is the new standard for car buyers
(DBN)

Waymo just revealed plans to add 62,000 self-driving minivans to its fleet
(DBN)

GM revs up autonomous car unit and dormant shares fly General Motors posts biggest one-day gain since bankruptcy as it reveals investment into driverless cars
(DBN)

Who’s Winning the Self-Driving Car Race?
(DBN)

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Religion:

St. Paul Archdiocese Reaches Settlement in Bankruptcy Case Clergy abuse lawyers announce $210M settlement with archdiocese Statement from Tom Abood, Chair of the Reorganization Task Force, Regarding the Bankruptcy Settlement Twin Cities archdiocese, abuse victims OK bankruptcy plan Timeline of archdiocese's bankruptcy proceedings Twin Cities archdiocese bankruptcy settlement: The basics
(DBN)

Catholic dioceses and orders that filed for bankruptcy and other major settlements
(DBN)

The making of a mega-church: "An empty box of hope"
(DBN)

Pope vows 'never again' to clergy sexual abuse and cover up
(DBN)

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Food/Beverage:

Southeastern Grocers completes bankruptcy reorganization Winn-Dixie parent emerges from bankruptcy, plans remodels
(DBN)

Restaurant Performance Index Down 0.5% From March
(DBN)

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Skiing:

Bank details responsibilities for Hermitage receiver
(DBN)

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Disasters:

Lava from Hawaii volcano blocking escape routes
(DBN)

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Economy:

Fed's Brainard backs lifting interest rates to 'modestly' restrictive level
(DBN)

Fed GDPNow: Latest forecast: 4.7 percent
(DBN)

Weekly Initial Unemployment Claims decrease to 221,000
(DBN)

U.S. jobs report expected to point to better hiring — and higher interest rates Job growth is expected to be robust in May, but workers are still looking for a pay raise Goldman: May Payrolls Preview May Employment Preview
(DBN)

U.S. Inflation Firms in April, Stays at Fed Target for Second Month Straight
(DBN)

Think the Italy panic was bad? Just wait until central banks turn off the spigot
(DBN)

If the economy is so great, why are 78 million hustling for dimes?
(DBN)

'A slow-motion train wreck': Trump is kicking off a trade war with America's closest allies It's A Trade War: Europe, Mexico, and Canada retaliate against Trump's steel and aluminum tariffs Surging steel prices are 'self-defeating' Republicans gobsmacked by Trump’s tariffs House Speaker Ryan on Trump tariffs: 'I disagree with this decision' Trump's all-out trade war is rattling Washington — even his strongest allies Trump's steel, aluminum tariffs: Winners and losers U.S. Tariffs Prompt Anger, Retaliation From Trade Allies US allies quickly fire back at Trump's tariffs – escalating an already-tense trade battle China: We Reserve the Right to Retaliate Trump's tariffs against key US military allies could be a blow to national security Goldman: NAFTA deal is now less likely after Trump's tariffs on Mexico, Canada U.S. tariffs only add to the obstacles for NAFTA negotiations Trudeau says Trump was on the brink of a big trade deal with Mexico and Canada but one confounding demand blew it up Steel stocks spike on report Trump is ready to slap tariffs on the US's closest allies Credit-rating agency Moody’s turns more positive on U.S. steel after tariff news r The Mexican peso is sliding as the US moves forward with tariffs 'Protectionism, pure and simple:' Europe promises WTO action over US tariffs French president says U.S. tariffs 'illegal' Why Trump’s steel and aluminum tariffs on US allies are so dangerous Trump administration will put steel and aluminum tariffs on Canada, Mexico and the EU Conservative Koch network denounces Trump's tariffs: 'Trade wars hurt everyone' Commerce Secretary Ross says markets will 'adjust' to any surprises on trade Commerce Secretary Ross: NAFTA talks 'didn't get far enough' for Mexico and Canada to avoid tariffs Here's the 'real solution' to the trade war that will make China 'play by the rules' Trump's legacy as ‘the manufacturing president’ is at risk over tariffs, warns trade group CEO Harley-Davidson slides as speculation mounts the EU could hit its motorcycles with tariffs The Trump Administration's Pattern Of Mixed Signals On Trade One of Trump's top trade advisers says Europe 'will get over' the steel and aluminum tariffs Market likely to shrug off this trade tussle with Europe because NAFTA and China are what really matter Cramer: Europeans are in 'over their heads' on trade because they've never seen anything like Trump US moves closer to risky trade war without a clear end game Here's what we should have instead of a trade war 'We shot the economy in our foot' — Larry Summers on Trump steel and aluminum tariffs Krugman: Oh, What a Stupid Trade War How Americans may be hurt by tariffs
(DBN)

The very purpose of the Chinese tech company ZTE is to spy on other countries, a competitor alleges in new court documents
(DBN)

Canada to US: Explain $30Bn Farm War Chest
(DBN)

Trump's tariffs could eat into tax cuts for Americans
(DBN)

Corporate Profits Jump on New Tax Cuts
(DBN)

New book says Obama struggled with Trump's election: 'I've got the economy set up well for him'
(DBN)

The 10 best places for the Class of 2018 to find a job this year
(DBN)

Republicans are sowing the seeds of the next financial crisis
(DBN)

The record-low birthrate offers yet another sign that millennials are economically screwed
(DBN)

How much a Big Mac costs around the world
(DBN)

2020s: May be the Worst Decade Ever in US
(DBN)

The Real Reasons Why Millennials Are Investing Less
(DBN)

Savings Rate Tumbles Back Near Record Lows As Americans Spend More Than They Make For 28th Month In A Row Personal Income increased 0.3% in April, Spending increased 0.6%
(DBN)

Here comes another global financial crisis ...
(DBN)

Costco to boost its minimum wage to $14 an hour
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

Pending home sales fall more than expected as costs for buyers rise NAR: Pending Home Sales Index Decreased 1.3% in April, Down 2.1% Year-over-year
(DBN)

Realtors: Low supply continues to curb our home sales
(DBN)

Who holds mortgages?
(DBN)

Fannie and Freddie will soon offer modern mortgages for the gig economy
(DBN)

How much home you get for $200,000 in 10 major US cities
(DBN)

Trump’s steel and aluminum tariffs may increase costs for home buyers and renters
(DBN)

CA: The Falls Event Center In Elk Grove Files For Bankruptcy
(DBN)

Lawsuits could doom El Paso developer Jose Gonzalez's retail dream
(DBN)

National rents slow despite rapid rent growth in smaller cities
(DBN)

Californian emigrants aren’t all moving to cheaper housing markets
(DBN)

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Municipalities:

Another hurricane could black out Puerto Rico again
(DBN)

Official: 2 more months to restore power in Puerto Rico Puerto Rico electric grid 'teetering' despite $3.8 billion repair job
(DBN)

The New Estimate of Deaths in Puerto Rico Reflects a Broader and Shameful Neglect
(DBN)

Make America Resilient Again
(DBN)

Puerto Rico’s Schools Are in Tumult, and Not Just Because of Hurricane Maria
(DBN)

Puerto Rico Oversight Board, Senate clash over labor regulations
(DBN)

Investigation, audit of Puerto Rico debt due by summer
(DBN)

America's Progressive Developers: Detroit Blight Busters
(DBN)

Former Flint Emergency Manager due in court Friday
(DBN)

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Oil/Gas:

Sabine Saga: Second Circuit Upholds Rejection But Cites Approach That Could Broadly Undercut Texas Gathering Agreements
(DBN)

Report: US Oil Output Jumps To Record High In March
(DBN)

US oil benchmark ends lower, posts first monthly loss since February
(DBN)

Oil prices won't keep plunging because US drillers can't meet demand, analysts say
(DBN)

Higher Prices To Help Oil Companies Refinance $400B In Debt
(DBN)

Electric cars show growth potential despite doubts
(DBN)

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Banking:

Deutsche Bank is getting whacked after report says the Fed calls its US division 'troubled' Deutsche Bank's U.S. ops deemed "troubled" by Fed a year ago Penalty box hastens Deutsche’s Wall Street retreat Deutsche Bank CEO tells staff he's 'sick and tired' of bad news Deutsche Bank downgraded by S&P over restructuring plans Deutsche Bank CEO insists financial strength is 'beyond doubt' despite rating downgrade Somehow, Things Are Even Worse At Deutsche Bank
(DBN)

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Farming:

Maine organic farming icons file for bankruptcy
(DBN)

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Corporate Reform:

Fed Vice Chairman Quarles says regulators looking closely at ways to change bank rules
(DBN)

The Volcker Rule Never Really Worked
(DBN)

Big Banks to Get a Break From Limits on Risky Trading
(DBN)

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Healthcare:

3D Signatures Lays Off Employees, Will Declare Bankruptcy
(DBN)

Trump FactCheck: "We got $6 billion for opioid and getting rid of that scourge that’s taking over our country. And the numbers are way down."
(DBN)

Goldman Sachs Asks: ‘Is Curing Patients A Sustainable Business Model?’
(DBN)

NJ governor signs bill to reinstate ObamaCare individual mandate
(DBN)

Health Care Groups Really Don’t Like Trump’s New Proposals
(DBN)

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Celebs:

Jose Garces Closes New Jersey Distrito to Prep for Bankruptcy Auction
(DBN)

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Mail:

Why the next big bank shouldn't be the USPS
(DBN)

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Trucking:

Truck drivers say the latest measure to keep roads safe has left them 'chained up,' 'more reckless than ever,' and unable to support their families
(DBN)

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Bankruptcy Crimes:

Chattanooga Man Sentenced to Serve 21 Months in Prison for Bankruptcy Fraud
(DBN)

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Gambling:

Vegas casinos face threat of 1st worker strike in 3 decades
(DBN)

Delaware casinos to start full-scale sports betting next week
(DBN)

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Tech:

Cambridge Analytica to face Facebook users in bankruptcy
(DBN)

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Currency:

SEC Obtains Emergency Court Order to Halt Fraudulent ICO
(DBN)

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Farming:

A Year's Worth Of Controversy Hasn't Put This Oregon Dairy Under ... Yet
(DBN)

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Distressed Investing:

With Defaults Low and Oil Prices Rising, Distressed Debt Continues to Disappear
(DBN)

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Fraud:

May 2018 Ponzi Scheme Roundup
(DBN)

Wolf Of Wall Street Jordan Belfort Still Owes His Victims $97.5 Million. Hasn't Made A Payment To Them In Years
(DBN)

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Non-Profits:

Mission Solano homeless shelter to remain open during bankruptcy
(DBN)

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Marijuana:

Oregon's growing so much pot, prices are crashing
(DBN)

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New Bankruptcy Opinions
(4 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (16 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)

Chapter 11 Bankruptcy Case Studies
(DBN)

Bankruptcy Jobs:

(1) (2) (3) (4) (5) (6) (7) (8)
(DBN)

Seminars - (Contact us to list your seminar)

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Corporate Governance:

LLC Manager's Fiduciary Duty Possibly Breached By Not Making A Distribution To Creditor
(DBN)

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Criminal Law:

Crime & Punishment & Bankruptcy at U.S. Supreme Court (Lagos v. United States)
(DBN)

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Consumer Bankruptcy:

Spring 2018 Consumer Bankruptcy Journal
(DBN)

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Litigation:

Before the email alert could clear my screen, I was out of my chair and sprinting to our CFO’s office
(DBN)

Rethinking woodshedding: Trust clients and let them speak freely, but carefully, when testifying
(DBN)

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Trusts:

Using Trusts to Protect Assets in Bankruptcy
(DBN)

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Safe Harbors:

Supreme Court Resolves Circuit Split Over Application of Section 546(e) to Transactions Involving Conduits
(DBN)

How Will Section 546(e) Apply to Public Securities Transactions in Wake of Merit Management?
(DBN)

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Miscellaneous:

Links for Restructuring Professionals to Key Cases, Articles, and News Briefs for May 10-15, 2018
(DBN)

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Bad Faith:

Judge Silverstein Tosses Bad Faith Filing in Rent-A-Wreck of America But Doesn’t Award Sanctions – Finds That a Filing to Employ the Powers of the Code is Alone Insufficient to Support Good Faith
(DBN)

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Dismissal:

Eleventh Circuit Addresses Impact of Dismissal on a Confirmed Individual Chapter 11 Plan
(DBN)

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Insurance:

D&O Insurance: Court Rejects Insurers’ Argument That Coverage for a DOJ Subpoena is Precluded
(DBN)

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Retailing:

Sears is closing 72 stores as sales tumble Sears Is Closing More Stores as Sales Continue Shrinking
(DBN)

Simon To Transform Former Sears Locations Throughout Its Portfolio Into Exciting New Retail, Fitness, Dining And Entertainment Concepts
(DBN)

Dying shopping malls are wreaking havoc on suburban America
(DBN)

Claire's poised to close more than 130 stores in bankruptcy
(DBN)

Shiekh Shoes To Shrink Significantly As Part of Bankruptcy Exit Plan
(DBN)

RILA warns of ‘three-front trade war’
(DBN)

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Private Clubs:

Bankrupt Pittsburgh Athletic Association's reorganization plan wins approval
(DBN)

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Maritime:

Philadelphia Shipyard Struggles to Survive on Order Drought
(DBN)

IM Skaugen seeks Singapore restructuring
(DBN)

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Advisors:

Notice of Appearance: Jeremy VanEtten, Director at Gavin/Solmonese
(DBN)

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Travel:

Emergency landing as plane passenger’s body odor causes others to vomit and faint
(DBN)

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Metals:

Here’s what steel and aluminum tariffs on U.S. allies mean for the metals market
(DBN)

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Coal:

Trump to save struggling US coal -fired power plants? Trump administration proposes mandating purchase of coal, nuclear power, citing national security Report: White House Could Invoke Emergency Authority to Save Coal Plants
(DBN)

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Student Debt:

Federal Judge Gives Temporary Reprieve to Former Corinthian Students
(DBN)

Socializing higher education is not a viable solution to the student debt crisis
(DBN)

If Private Collectors Won't Be Handling Defaulted ED Loans in the Future, Who Will? 31
(DBN)

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UK:

A 14th straight YouGov poll shows Britain wishes it had never voted to leave the EU
(DBN)

Theresa May told to stand up to Trump's 'bullying' after refusing to condemn trade war
(DBN)

UK: Minimum Wage Increased to $18.93
(DBN)

Carluccio's to close 30 restaurants, risking 500 jobs
(DBN)

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EU:

Euro zone inflation well above expectations in May
(DBN)

Trump Tariff May Destroy EU Steel Industry
(DBN)

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PIIGS:

Italy’s political turmoil could mark the end of the EU, roiling global markets Italy's populist parties resurrect government coalition Italy crisis a risk to global growth, worth watching - Fed's Brainard Italy government deal brings partial relief
(DBN)

Spain’s prime minister hid out in a restaurant for 8 hours ahead of a crucial vote that could trigger another European crisis Spanish Prime Minister Mariano Rajoy ousted Spain's Socialist leader Sanchez to become prime minister after Rajoy loses no-confidence vote
(DBN)

Spain, Italy lead European stocks higher as they get ready for new governments
(DBN)

EU official says Greece's bond market access is 'fragile'
(DBN)

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Canada:

A July rate hike in Canada is 'a lot less of a done deal' after GDP slows
(DBN)

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Australia:

Insolvent trading safe harbour and ipso facto reform exposure draft legislation and explanatory materials released
(DBN)

Bondholders led by BlackRock agree to rescue Australia's Quintis Creditors report flags directors' insider trading
(DBN)

Steep Discounts, Tight Lending: Inside Sydney's property downturn
(DBN)

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China:

China is so desperate to prevent divorces that it's making couples take an exam before they can break up
(DBN)

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India:

Debt-laden Air India's stake sale gets no bid No bidders for Air India stake sale; govt likely to re-think strategy With no Takers, Air India's Divestment Plan Nosedives With No Takers For Debt-Ridden Air India, Anand Mahindra Has A Proposal To Turn It's Fate Around The bankruptcy route for Air India
(DBN)

Debt-ridden man forced to commit suicide, lender arrested
(DBN)

Court’s role in insolvency cases
(DBN)

Status of Homebuyers in Corporate Insolvency: Will Ordinance Assure Relief and Returns?
(DBN)

Govt may not infuse extra capital into fraud-hit PNB
(DBN)

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MENA:

Abraaj to face creditors in crunch meeting over future
(DBN)

IMF bailout looms for Pakistan as debt surge raises alarm
(DBN)

Saudi giants defrauded over 100 banks, Cayman court finds Chief justice dismisses claims in massive Saudi fraud trial
(DBN)

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Venezuela:

Rumors of War With the US Run Rampant in Venezuela
(DBN)

New Venezuela Creditor Group Emerges to Tackle Defaulted Debt
(DBN)

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Malaysia:

Malaysia has so much debt it launched a crowdfunding campaign — and it raised $1.8 million in 24 hours
(DBN)

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Croatia:

Agrokor Confirms Settlement with Creditors
(DBN)

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Caribbean:

Tackling heavy Caribbean debt is key to future disaster protection, leaders say
(DBN)

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