June 10, 2019

The Daily Bankruptcy News

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Law:

Failed Sedgwick Seeks Clawback Settlement with Ex-Partners • Sedgwick Wants $1.6 Million Settlement With Ex-Partners
(DBN)

Kirkland & Ellis Awarded $56 Million in Toys ‘R’ Us Bankruptcy
(DBN)

Note To Biglaw: How Not To Piss Off Clients
(DBN)

Ten Ways Machine Learning Will Transform the Practice of Law
(DBN)

Kirkland & Ellis Successfully Profits Off Our Crumbling Childhood Memories
(DBN)

Um… Where Are All The Black Partners At These Biglaw Firms?
(DBN)

Law School With 53 Percent Bar Passage Rate Unveils $2 Million Wellness & Nutrition Plan Because That Was Obviously The Problem
(DBN)

Alabama Law School Gives Up Over $20 Million To Own The Libs
(DBN)

Roy Moore’s Lawyer Arrested • Here’s How Roy Moore Responded to Former Attorney’s DUI Arrest in Alabama
(DBN)

When Starting A Biglaw Firm, It Helps To Be Connected
(DBN)

Dallas and New York Offices Star in Akin Gump Virtual Reality Tours
(DBN)

Kellyanne's Biglaw husband George Conway knocks Trump: 'You would have been fired from any other job by now'
(DBN)

Slain Mobster Whitey Bulger Became Pen Pal with Juror Who Convicted Him, Discussed Trump and Mueller
(DBN)

Microsoft's Legal Ops Director: Lessons Learned From 10-Plus Years Using Alternative Legal Services
(DBN)

Barr is Lying About Mueller's Evidence • Was Mueller's dodge on obstruction a blunder - or brilliant? • Paul Manafort's $3.66 million SoHo loft that was seized by the federal government is now officially on the market • Clinton: Mueller report shows obstruction of justice occurred • People Are Trying to Figure Out William Barr. He’s Busy Wielding Power • Court Orders Government to Make More Mystery Mueller Opponent Docs Public • House Dems Want to Investigate Rudy Giuliani and Giuliani Says ‘Do it!’ • The White House is stonewalling Congress left and right on everything from the environment to the Census
(DBN)

Ending cash bail • The states where private prisons are thriving • Prisons thrive on poverty • The war on drugs anchors prison profits • The war on drugs anchors prison profits • By the numbers: U.S. incarceration and spending • How companies profit from immigrant detention • The prison labor you benefit from • Inside the horrors of migrant detention centers • HHS to house thousands of unaccompanied minor migrants in new emergency shelters • New Texas jail will house 1,600 immigrant youths, won’t be subject to child welfare licensing requirements
(DBN)

Why Honduran Women Flee to America
(DBN)

New Mexico and the Private Border Fence • The migration influx is America's problem. America has a chance to solve it • ICE deported veterans while 'unaware' it was required to carefully screen them, report says • California to expand health insurance to some undocumented immigrants • Mexican Military Starts Arresting Migrants
(DBN)


Somali cop sentenced for fatal shooting of a white woman in Minneapolis
(DBN)

42 attorneys will not prosecute women seeking abortions or health-care providers • We are prosecutors. We will use our discretion on new antiabortion laws • Plan B Morning-After Pill Flying Off Shelves As States Move To Tighten Abortion Laws • Abortion Ban Rattles America's Top Film State • University of Alabama to Return $21.5M Law School Donation Amid Abortion Fight • University of Alabama returning $26 million donation to philanthropist who told students to boycott law school over state’s new abortion legislation • ABA Moves Meeting to Chicago After Georgia Abortion Law Pushback • When abortion was illegal: A 1966 series revealed how women got them anyway
(DBN)

Serial Killer Now Linked to 60 Deaths • A serial killer 'tried to erase his victims.' But three bodies hidden in barrels have now been identified.
(DBN)

In Alabama, rapists have parental rights
(DBN)

Despite #MeToo, Gender Gap Has Miles to Go
(DBN)

How a dead man's hard drives are exposing the GOP attack on democracy • Once-secret files from gerrymandering strategist show GOP misled court, watchdog group claims • 2020 Census could be worst undercount of black and Latinx people since 1990
(DBN)

Florist can’t refuse to provide flowers for same-sex wedding, state supreme court rules again
(DBN)

Prosecution of ‘Coward’ Parkland Deputy May Put ‘Unsustainable Demand on Law Enforcement’ • Stoneman Douglas officer was charged for inaction; should 'cowardice' be criminalized?
(DBN)

US Jewish community looks to defend itself as attacks rise
(DBN)

Ultra-Progressive College Hit with $11M in Damages for Taking Sides in Racial Profiling Case That Wasn’t
(DBN)

F. Lee Bailey holds forth on Mueller report and reason for OJ Simpson’s murder acquittal
(DBN)

Houston Ex-Prosecutor Faces Grievance for Allegedly Helping Send Innocent Man to Death Row
(DBN)

Publisher Drops Central 5 Prosecutor Amid Backlash
(DBN)

A Tow Truck Driver Re­pos­sessed an NYPD Officer's Car. Then, He Ended up in Handcuffs
(DBN)

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Judges:

Eleventh Circuit Seeks Comment on Bankruptcy Judges
(DBN)

Justice Ginsburg says deep divisions on the way, and Supreme Court watchers look for clues • Ruth Bader Ginsburg warns of a polarizing Supreme Court
(DBN)

Ruth Bader Ginsburg Praises Brett Kavanaugh for Making History
(DBN)

Trump Faces Revolt on Judicial Pick
(DBN)

Judge That Said Defendants Should Be ‘Swinging Outside The Door’ Out Of A Job
(DBN)

Judge engaged in ‘inappropriate and harassing behavior’ toward women, complaint alleges
(DBN)

Dem Proposals to Shake Up Court May Fall Flat, Legal Experts Say
(DBN)

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Wall Street:

Stock futures rise as U.S., Mexico trade tensions cool
(DBN)

Global stocks surge after Trump cancels Mexico tariffs
(DBN)

Dow closes up 263 points, stocks notch best week of the year as jobs report fuels hopes of a Fed rate cut
(DBN)

This big Wall Street bear warns his bleak scenario for 2019 is taking shape
(DBN)

______________

Layoffs:

Shopko employees press for severance pay after bankruptcy plan approved on Friday
(DBN)

Amazon's one-day delivery service depends on the work of thousands of robots
(DBN)

______________

Student Debt:

Democratic presidential candidates are introducing ambitious plans to get more Americans into college without adding to the $1 trillion mountain of student debt
(DBN)


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Politics:

Twitter users mercilessly mocked Trump after he tweeted implying the moon is part of Mars • Trump’s confusing tweet about “Mars (of which the moon is a part),” explained
(DBN)

The Art of Flattering Donald Trump
(DBN)

19 Democratic Candidates Swarm Iowa for Biggest Face-Off to Date
(DBN)

Harris defends record as prosecutor but skips some details
(DBN)

Democratic candidates are close behind Joe Biden in a new Iowa poll • Almost even with Biden: Warren surges in Iowa poll • Why Joe Biden Gets Away with Things • Warren challenges Sanders for progressives' 2020 support • Warren's nonstop ideas reshape Democratic presidential race, give her new momentum
(DBN)

Pennsylvania swing voters aren't ditching Trump in 2020
(DBN)

The Dem-on-Dem attacks have begun
(DBN)

Trump says Pelosi is 'a disgrace to herself and her family' as he continues to lash out at the House speaker
(DBN)

Hannity says calls to jail Trump make U.S. 'a banana republic' - let's review his tapes on Hillary Clinton
(DBN)

Public support for left-wing policymaking has reached a 60-year high
(DBN)

Ilhan Omar Violated Campaign Finance Rules
(DBN)

Sweeping plans from 2020 contenders come with trillion-dollar price tags
(DBN)

Bernie Sanders calls immigration surge at the border a 'serious problem' but says there are more pressing issues at hand
(DBN)

Trump and Macron ‘friendship tree’ has reportedly died
(DBN)

When we think of America, we shouldn't think rural
(DBN)

Kushner Company Got $90M from Offshore
(DBN)

Trump retweets claim that Big Tech censorship of conservatives is "fascism"
(DBN)

____________

Autos:

Where's the Plan B for Lordstown?
(DBN)

____________

Agribusiness:

Trouble on American Farms Could Mean 2020 Concerns for Trump • Amy Klobuchar says Trump treats farmers like "poker chips" in his "bankrupt casinos"
(DBN)

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Circuses:

A high wire act: 3 years after declaring bankruptcy, Big Apple Circus seeks a new audience
(DBN)

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Food/Beverage:

Perkins & Marie Callender’s bankruptcy filing may be condition of sale
(DBN)

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Bankruptcy Crimes:

So. Colo. man charged with bankruptcy fraud
(DBN)

____________

Entertainment:

Weinstein Civil Suits: A Rather Unsettled $44 Million Settlement
(DBN)

Ryan Kavanaugh Accused by Ex-Partner of Running a Ponzi Scheme
(DBN)

____________

Maritime:

Shipping line gets OK to unload Hype energy drinks left at Charleston port
(DBN)

____________

Death Services:

A Grave Burden
(DBN)

____________

Healthcare:

Wayne State tab for physician group bankruptcy may top $16 million
(DBN)

1 in 4 cancer survivors is going broke fighting to stay alive
(DBN)

The U.S. health care system is full of monopolies
(DBN)

____________

Personal Finance:

I'm not against buying a house, but I know that right now renting is the best choice for my family for 3 reasons
(DBN)

Rolling Stones concert goers to get schooled on lifetime income
(DBN)

____________


Economy:

Relying on the Fed posse
(DBN)

The White House is said to be vetting Judy Shelton for a seat on the Fed. She told us what she would bring to a central bank whose policies she has long criticized.
(DBN)

The end of Fed predictability
(DBN)

The Decade of Slow Economic Growth
(DBN)

Rising Risk US Dollar Loses Its Global Standing
(DBN)

US Economy May Break a Record
(DBN)

12,839,000: Manufacturing Jobs at Highest Level Since 2008
(DBN)

May Jobs Report a Big Disappointment • U.S. adds just 75,000 jobs in May and wage growth slows in warning sign for economy • That big May jobs letdown may just be part of the ‘new normal’ for the labor market • Weak U.S. employment report raises red flag on economy • The Trade War Shows Up in the Jobs Report • Markets Pump Higher After Big Miss On Jobs Number Because Wall Street Is Addicted To Cheap Money
(DBN)

Here’s where the jobs are — in one chart
(DBN)

Consumer credit accelerates in April to a five-month high
(DBN)

And now, writes Tim Mullaney, the Fed must cut rates to protect the economy from Trump
(DBN)

Trump says upcoming Mexico tariffs will be 'indefinitely suspended' • Mexico Agreed to Border Actions Months Ago • Donald Trump boasts of ‘large’ farm deal with Mexico, but not everyone is buying it • The Mexican ambassador to the US explains Trump’s claim of a new agricultural deal • Trump, Attacking Times Article, Claims Mexico Deal Has Secret Provisions • DHS Chief McAleenan Pressed to Describe Anything 'New' in Trump Mexico Deal • Trump says additional details about Mexico deal will be announced at the ‘appropriate time’ Trump Calls Off Threat of New Tariffs on Mexico • Trump claims he’s reached deal with Mexico • US and Mexico reach an immigration agreement to avoid tariffs • Pelosi accuses Trump of 'threats and temper tantrums' in Mexico negotiations • Trump's big win leaves critics sputtering • Mnuchin says Trump can still impose tariffs if Mexico does not live up to immigration deal • Trump hits back at reports questioning significance of Mexico deal • Trump Has Critics Over US-Mexico Deal • A Drama of Trump’s Own Making Ends With a Familiar Hero • Trump’s tariff threat still looms large despite Mexico deal • Trump holds tariff threat over Mexico if border cooperation fails • Mexican peso rallies after U.S. suspends trade tariffs
(DBN)

CEOs are being forced to hedge against the chaos of a full-on trade war
(DBN)

GOP No Longer the Party of Free Trade
(DBN)

Here's how tariffs will raise prices at some of America's best-known companies
(DBN)

G20 Talks Finance Tactics for Trade War • G-20 finance officials vow to protect global growth amid rising trade tensions
(DBN)

Mnuchin defends using tariffs to solve security problems
(DBN)

Repeat after me: Tariffs are bad for the economy
(DBN)

Trump is playing a risky game by weaponizing US economic power with tariffs
(DBN)

Time to panic on economy? No, but ongoing trade wars give a taste of unpleasant future
(DBN)

World Economic Leaders Warn of Fallout From Trade War Between U.S. and China
(DBN)

NY manufacturers look to avoid tariff hit
(DBN)

Business "freak out" spurs plans to tame Trump on trade
(DBN)

IMF: Trump China Tariffs Have Little Impact • Trump is ‘perfectly happy’ to hit China with new tariffs if Xi meeting doesn’t go well, Mnuchin says • French Finance Minister: US-China trade escalation would mean ‘economic crisis all over the world’ • Decades of Being Wrong About China Should Teach Us Something • An unlikely winner in the China-US trade war? A book about a battle with the Department of Justice • China reportedly summoned tech giants — and warned against cooperating with Trump’s sales ban • Retailers including Walmart warned the trade war will cost U.S. households — JPMorgan says it already is • China says its May trade surplus was $41.65 billion, significantly more than expected • The Chinese yuan is at its weakest level of the year • It looks like the US has abandoned any pretense that its war on Huawei is totally unrelated to the China trade talks • Trump's acting budget chief Russell Vought is asking for 2-year delay on some Huawei restrictions • China moves to protect its technologies from U.S. as trade dispute spirals • America’s attempt to ‘get tough’ with China could accelerate our own relative decline • Jimmy Carter: Trump Called Over China
(DBN)

The 1% has so much money they literally don't know what to do with it
(DBN)

It's time to start worrying about the economy
(DBN)

What Investors Need to Know About Modern Monetary Theory
(DBN)

The rise of a few ‘superstar cities’ hobbles the job and housing markets
(DBN)

Older Americans had a 40-point drop in their credit score in the 10 years since the Great Recession
(DBN)

The next time the economy tanks, the Fed should give people, not banks, free money
(DBN)

Why Some Americans Won’t Move, Even for a Higher Salary
(DBN)

Millennials are now haggling in job interviews, hotels and airports
(DBN)

High-school graduates face worse prospects today than 20 years ago
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

Third Circuit Addresses Tenant's Rights under an Unexpired Rejected Lease
(DBN)

The Bankruptcy Times They Are Changing: Real Estate Developers Beware
(DBN)

Buyers vs. Tenants in a Bankruptcy Sale: A Tension Between 363(f) and 365(h)
(DBN)

Cory Booker’s plan to fix the housing crisis and make renting affordable
(DBN)

Home flipping rate hits 9-year high — and that could foretell troubles in the housing market
(DBN)

7 places that are sinking faster than anywhere else in the US
(DBN)

History Of American Real Estate Bubbles
(DBN)

____________

Oil/Gas:

OPEC, the Future Is Probably Worse Than You Thought
(DBN)

Natural gas is helping combat climate change — but not enough
(DBN)

Pemex bonds crushed on Fitch downgrade, fears of more to come
(DBN)

Bankruptcy Spillover Effects on Oil and Gas Industry
(DBN)

____________

Religion:

Archbishop didn't tell Vatican whole story on fallen bishop • Vatican cardinal, other priests to return cash gifts from ousted West Virginia bishop Michael Bransfield
(DBN)

The Gambling Nuns of Torrance, California
(DBN)

Pope decries social media
(DBN)

Southern Baptists are supposed to talk about abuse, but right now they're discussing whether one woman can preach
(DBN)

Abuse crisis the focus as US Catholic bishops convene
(DBN)

As San Francisco District Attorney, Kamala Harris’s Office Stopped Cooperating With Victims of Catholic Church Child Abuse
(DBN)

____________

Climate:

White House blocks testimony on climate change for not following administration's views
(DBN)

Climate Change is Destroying the Arctic
(DBN)

Mississippi River Hits Dangerous Flood Levels, Stalls Barges and Roadways
(DBN)

____________

Fraud:

Judge: Comcast's Fraud Covered 440,000 Bills
(DBN)

Warrant Issued For Arrest Of Samsung BioLogics Exec In $3.9B Accounting Scandal
(DBN)

____________

Taxis:

Uber's COO Bails
(DBN)

____________

Coal:

Coal Act Benefits within Purview of Section 1114
(DBN)

Westmoreland Coal Sells Last Mine For $300M Credit Bid
(DBN)

Tax collections uncertain amid Wyoming coal bankruptcies
(DBN)

____________

Electricity:

PG&E shuts off power in Sierra Foothills amid fire danger • As its leaders tour destroyed Paradise, PG&E warns it may cut power amid extreme CA fire risk
(DBN)

California Panel Has Wildfire Fix That May Already Be Moot Point
(DBN)

Judge rules against FERC's jurisdiction over PG&E power contract dispute • Bankruptcy Court Asserts Sole Authority Over PG&E Power Contracts • PG&E’s Power Suppliers Lose Contract Fight in Bankruptcy Court
(DBN)

At PG&E, a workforce on edge — and under attack — as fire season arrives
(DBN)

California Reckons With the Cost of Wildfires to Come
(DBN)

____________

Travel:

Spirit Airlines reportedly banned a passenger for life after he vaped at his seat, exhaled in a bag, and set off the smoke alarm mid-flight
(DBN)

10 Worst Major Airports in the World
(DBN)

____________

Cannabis:

The No. 1 reason adults are interested in legalized cannabis (it’s not to get high)
(DBN)

Medical Marijuana Gets Backing From Church of England
(DBN)

____________

Non-Profits:

NRA money flowed to board members amid allegedly lavish spending by officials, vendors
(DBN)

____________

Tech:

Fusion Connect Consulted Windstream on Bankruptcy Approach
(DBN)

____________

Publishing:

Penguin Random House Wins Ch. 11 Auction For F+W Media
(DBN)

____________

Biofuels:

Biofuels Haven't Cut Gas Prices or Emissions
(DBN)

____________

 
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 (9 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (15 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)

______________

Bankruptcy Statistics:

HI: State bankruptcy filings continue upward trend
(DBN)

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Bankruptcy Remoteness:

Can a Lender (through an affiliate) Control Whether a Borrower Can file for Bankruptcy?
(DBN)

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Privilege:

Do the ‘Shoes’ Really Fit? Navigating the Attorney-Client Privilege and Work Product Doctrine in Ch. 11
(DBN)

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Unsecured Attorney's Fees:

Reversing The Bankruptcy Court, The District of Delaware Joined The Holdings of Five Circuit Courts of Appeals and Allowed a Secured Creditor's Unsecured Claim for Post-Petition Attorney's Fees
(DBN)

____________

Retiree Benefits:

Eleventh Circuit Holds that Going Concern Sale Constitutes "Reorganization" for Purposes of Modifying Retiree Benefits under Section 1114
(DBN)

____________

Third Party Releases:

‘Aegean Marine’: Non-Consensual Releases in Bankruptcy
(DBN)

____________

IP:

Supreme Court Adopts a “Rejection-as-Breach” Rule to Allow Licensee to Continue to Use Trademark Following Debtor’s Rejection of License
(DBN)

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Plan Confirmation:

Ultra Confusion: Fifth Circuit Clarifies "Impairment" Analysis but Signals Future Circuit Split on Make Whole Premiums and Post-Petition Interest
(DBN)

____________

Sovereign Immunity:

Delaware Bankruptcy Court finds Eleventh Amendment Sovereign Immunity does not Prevent Trustee from Pursuing Claims against State of California
(DBN)

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UCC:

Filing of UCC-1 Determinative Of Priority In Consigned Goods Under Article 9
(DBN)

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Settlements:

Wake Up and Smell the Compromise: Coffee Farmers Case Encourages Pre-Bankruptcy Workouts and Protects Priority Status to Secured Lenders who Compromise
(DBN)

____________

Derivative Claims:

Whose Claim is it Anyway? The Fifth Circuit Court of Appeals Further Clarifies How to Distinguish Direct and Derivative Claims in Bankruptcy
(DBN)

____________

Avoidance Actions:

Wage Deposits into Entireties Account Constitute "Transfers" for Fraudulent Transfer Purposes
(DBN)

Delaware Bankruptcy Court Gives "Green Light" to Potential Claw Back of Bank Fees
(DBN)

The Curious Case of Extraterritoriality and Fraudulent Transfer Under the Bankruptcy Code
(DBN)

____________

ERISA:

2nd Circ. Won't Revive Ex-SunEdison Employees' ERISA Suit • Opinion • 8th Cir.
(DBN)

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Discharge:

Where a “Fair Ground of Doubt” Can Create Comfort: Taggart v. Lorenzen
(DBN)

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Retailing:

Possible salvation for Barnes & Noble
(DBN)

FedEx declines to renew Amazon's US air-delivery contract
(DBN)

Walmart to deliver groceries right into home refrigerators
(DBN)

Century III Mall Boarded Up, Despite $5 Million Borrowed For Repairs
(DBN)

Elliott challenges Amazon with U.K. blueprint for Barnes & Noble • Barnes & Noble Is Sold to Hedge Fund After a Tumultuous Year
(DBN)

____________

Pharma:

Insys Therapeutics files for Chapter 11 bankruptcy • Insys files for bankruptcy, stock plunges toward record low
(DBN)

Unit of drugmaker Insys pleads guilty to U.S. opioid bribe scheme
(DBN)

Why Investors Should Keep an Eye on the Oklahoma Opioid Trial Against Johnson & Johnson
(DBN)

Once picked as a $500M win­ner, bankrupt Achao­gen auc­tions off its an­tibi­ot­ic for a fraction of that
(DBN)

____________

Aviation:

Lawmakers seek Boeing documents about ‘defective’ safety alert on 737 Max
(DBN)

American Airlines cancels 737 Max flights through Sept. 3, affecting 115 flights per day
(DBN)

Boeing Taps Kirkland, McGuireWoods, Quinn Emanuel for 737 Max Investigation
(DBN)

Tamarack Files For Bankruptcy Following Winglet AD • CitationJets Grounding Drives Tamarack Aerospace Into Bankruptcy
(DBN)

____________

Student Debt:

College debt becomes major 2020 issue
(DBN)

12 years after starting college, white men have paid off 44% of their student loans, but black women owe 12% more
(DBN)

Pete Buttigieg could become the first president with student loan debt
(DBN)

____________

Accounting:

Reborn Arthur Andersen Chases Global Legal, Tax Work; Shuns Audit
(DBN)

____________

UK:

'We had automatic chemistry': Trump boasts that the Queen had the time of her life in his company
(DBN)

Boris Threatens $50 Billion in Brexit Funds • Boris Johnson offers a £10 billion tax cut to high earners • Boris Johnson threatens to withhold U.K.’s Brexit payment to EU unless terms improve • France Hits Back on Boris' Brexit Threat
(DBN)

Brexit Guide: Where Are We Now?
(DBN)

Student housing investors jailed after ‘Ponzi’ scheme defrauds clients
(DBN)

Debt-ridden Thomas Cook faces takeover bid from China leaving 21k staff fearing for their jobs
(DBN)

Gateshead relegated to National League North after financial breaches
(DBN)

Philip Green's Arcadia sweetens rescue plan to get landlords backing
(DBN)

High street retailers take hit from drop in footfall
(DBN)

Churchill spent much of his extravagant life on the brink of financial ruin
(DBN)

U.K. economy shrinks as Brexit hits car production
(DBN)

A fallen star: Death knell sounds for U.K.’s Warren Buffett
(DBN)

____________

PIIGS:

Next Greek Government Faces Tough Troika Review Too
(DBN)

____________

Canada:

Social media ‘FOMO’ blamed for rising bankruptcy declarations in B.C.
(DBN)

____________

MENA:

Egypt's Economy is Collapsing
(DBN)

____________

Venezuela:

Venezuela's Exodus Reaches 4 Million
(DBN)

With Venezuela in collapse, towns slip into primitive isolation
(DBN)

Harrowing pictures of emaciated former oil workers in Venezuela
(DBN)

____________

India:

Here’s proof that Indians are losing confidence in their economy
(DBN)

Trouble for banks as Jet Airways’ other creditors approach bankruptcy court • Suppliers' bankruptcy petitions may prove the last nail in Jet Airways coffin • Jet Airways crisis: Mumbai court to hear insolvency petitions against airline
(DBN)

Jet Airways fallout: Cross-border insolvency norms to be amended
(DBN)

RBI's revised circular on stressed assets credit positive, says Moody's
(DBN)

India eases bad-debt resolution rules, giving banks more leeway
(DBN)

For India Inc, 30-day grace after loan default comes as a major relief
(DBN)

The New Bond Thing: Sub Sovereign Masala Bonds?
(DBN)

____________

Russia:

With lousy economy, Putin has only made Russia weaker
(DBN)

American banker and Putin ally dealt in access and assets, emails reveal
(DBN)

____________

Romania:

Bucharest on the brink of bankruptcy as City Hall scrambles to find ways to avoid disruption to public services
(DBN)

____________

China:

China says small bank risks manageable after takeover of troubled Baoshang
(DBN)

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