April 20, 2017

The Daily Bankruptcy News

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Law:

Chadbourne Litigator Suing Firm Will Learn Fate Thursday
(DBN)

Law school transfers grow, taking achieving 1Ls to higher-ranking schools
(DBN)

The Top Law Schools With The Best Employment Outcomes
(DBN)

Law Revue Video Contest 2017: Dishonorable Mentions
(DBN)

How Should We Feel About Avvo Being Taught In Law Schools?
(DBN)

Bodies Of Law School Clinic Director, Staff Attorney Found In Lake
(DBN)

Duane Morris ducks malpractice suit over telecom deal
(DBN)

What are a law firm GC's data protection duties?
(DBN)

For Law Firms, Where Is the Digital-Age Sweet Spot Between Business Growth and Data Security?
(DBN)

Thank You, Mr. President, For My $379 Speedier, More Secure Office On The Go
(DBN)

Defense-Side Litigation Funding – In Practice
(DBN)

If your firm has been spending big bucks on branding, paying fat bonuses or packing associates off for courses at Harvard Business School, too bad, so sad! You've just wasted your partners' hard-earned money.
(DBN)

Ex-drug executive Shkreli wins separate fraud trial Martin Shkreli, ex-Katten atty get fraud trials severed Shkreli Wins Ruling to Be Tried Separately From Ex-Lawyer
(DBN)

Lawyers Take Aim at Each Other as O'Reilly Exits Fox Bill O'Reilly Is Out Bill O'Reilly: It is 'tremendously disheartening' to part ways with Fox 'due to completely unfounded claims' Here’s how much money Bill O’Reilly’s show made, according to one analyst Why the Tide Finally Turned Against Bill O'Reilly Fox Executives Worry There's More to Come
(DBN)

Not a single US attorney position has been filled since Sessions and Trump cleaned house last month Sessions still hasn’t filled any US attorney positions a month after requesting resignations
(DBN)

Law Profs Say Gun Makers Should Be Liable for Sandy Hook Shooting
(DBN)

This Law Prof Sparked Saturday's Tax March Over Trump's Returns
(DBN)

ESPN's Dan Le Batard brutally described the fall of Aaron Hernandez and why his death 'makes sense' The rise and fall of Aaron Hernandez: How he went from a rising star to a convicted murderer in the blink of an eye Aaron Hernandez’s death in cell highlights suicide problem in Massachusetts prisons
(DBN)

Would-be lawyer admits to forging verdict slip
(DBN)

Being A Feeler In A Profession Of Thinkers
(DBN)

Alternative-Fact April: Debunking 4 Stereotypes About Self-Employed Attorneys Seeking Employment
(DBN)

Dozens of cases dropped by Georgia prosecutors after 2 officers are fired over violent traffic stop
(DBN)

Massachusetts DAs dismiss thousands of drug cases over evidence tampering at state lab
(DBN)

PwC Annual Study Reports Record Number of Securities Suits
(DBN)

US Drug Lab Scandal: 20,000 Convictions Vacated
(DBN)

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Judges:

NYPD classifies death of trailblazing judge as 'suspicious.'
(DBN)

Family of Deceased New York Judge Rejects Suicide Theory
(DBN)

Chief justices in California and New Jersey both call on ICE to stop arresting immigrants at courthouses
(DBN)

Tales of gloom and doom more effective at swaying judges, new paper says
(DBN)

A Supreme Court First-Timer Scores on the Money
(DBN)

Suspension of Roy Moore from Alabama Supreme Court upheld, but don’t count him out for other offices
(DBN)

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Wall Street:

Dow set to claw its way back from triple-digit loss as oil prices rebound
(DBN)

Stocks close lower, Dow posts 2-day drop of more than 200 points
(DBN)

Big-money investors haven't hated US stocks this much since the financial crisis
(DBN)

Morgan Stanley Bond Traders Top Goldman for First Time Since 2011
(DBN)

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Layoffs:

EPA plans to offer buyouts as part of Trump push to shrink workforce
(DBN)

Houghton Mifflin plans to cut hundreds of employees
(DBN)

KentuckyOne Health cuts 250 jobs
(DBN)

Massive ESPN Layoffs
(DBN)

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Politics:

Huge sign that the US intelligence community believes the Trump dossier is legitimate Kremlin Backed Think Tank Crafted a US Election Plan
(DBN)

Chair of the most powerful House committee just said he's not seeking reelection Jason Chaffetz's Abrupt Exit
(DBN)

Making America Great Again Is Making The Trump Organization Worse This insane chart shows just how much voters care about Trump’s conflicts of interest More Than 25 Billionaires Poured Millions Into Trump's Inaugural Committee Where Trump Should Look to Cut Costs
(DBN)

Senator Elizabeth Warren: Her Career Mission To Fight For Working Families
(DBN)

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Art:

NASCAR Artist Sam Bass to sell collection at bankruptcy-ordered auction
(DBN)

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Media:

Peter Thiel Objects to Investigation Into How He Funded Gawker's Demise
(DBN)

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Autos:

Crash exposes dangerous gap in efforts to recall Takata air bags
(DBN)

VW’s U.S. Diesel Accord to Be Overseen by Ex-Enron Prosecutor
(DBN)

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Nuclear:

Utilities doubt Westinghouse can pay its bills Westinghouse $800 Million Loan Not Enough Say Utilities
(DBN)

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Corporate Reform:

House panel to hold hearing on sweeping Dodd-Frank rewrite
(DBN)

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Furniture:

Arhaus engages CRO for workout efforts
(DBN)

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Telecoms:

Next Steps in Your Avaya Chapter 11 Journey
(DBN)

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Asset Recovery:

When Hiding Assets Doesn’t Work: How Mintz Levin Recovered $20M for Cheated Client
(DBN)

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Economy:

Fed's Beige Book: Modest to Moderate expansion, Tight labor markets
(DBN)

The US could see a 'significant' rise in public debt-to-GDP ratio: IMF fiscal affairs director
(DBN)

Employers are having a harder time finding skilled workers for open positions, Fed says
(DBN)

Trump Fixates on Jobs Not Coming Back
(DBN)

Donald Trump has gone back on his promise to put American jobs first
(DBN)

Trump Slow to Pull Out of Global Deals
(DBN)

Trump asks for probe into imports of foreign-made steel: Officials
(DBN)

Trump blasts foreign worker program at company that pays below-average wages to foreign workers
(DBN)

History suggests there is a way to lower inequality. But you’re not going to like it
(DBN)

Trump eyes cap on charitable deductions
(DBN)

Why Trump May Eliminate a Tax Deduction Claimed by Millions
(DBN)

Trump’s fight against immigration could hurt this American company
(DBN)

Trump’s former advisers say he’s doing tax reform all wrong
(DBN)

Larry Fink On The Trump Economy: Smoke ‘Em If You Got ‘Em
(DBN)

Millennials aren’t job-hopping any faster than Generation X did
(DBN)

Vowing big NAFTA changes, Trump rips fast-track process
(DBN)

Major Airline Cuts Flights to America
(DBN)

The market is beginning to price in the death of Trump’s tax reform
(DBN)

GOP leaders appear willing to extend government-shutdown deadline, sources say
(DBN)

A new economic study shows how your birth order can influence your career
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

Bankruptcy Court Imposes Massively Disproportionate $45 Million Punitive Exaction, Then Plays Santa Claus With $40 Million Of It
(DBN)

New Bankruptcy Case Limits Assertion of Post-Bankruptcy Construction Liens
(DBN)

AIA: Architecture Billings Index increased in March
(DBN)

MBA: Mortgage Applications Decrease in Latest Weekly Survey
(DBN)

Publix-anchored retail center in Palm Beach headed to bankruptcy auction
(DBN)

Chicago: After avoiding prison, can this landlord fend off his lenders?
(DBN)

Subdivision surrounding Werner Park, more than $12.8 million in debt, files for bankruptcy
(DBN)

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Municipalities:

Michigan official sees Detroit exit from state oversight in 2018
(DBN)

Amid Detroit's Housing Crisis, An Artist Finds A Slice Of American History
(DBN)

State pension funds are getting whacked by billions in hidden fees
(DBN)

Puerto Rico’s Governor Has to Clean Up His Dad’s Mess
(DBN)

Puerto Rico talks with bondholders start badly
(DBN)

Puerto Rico Draws Bondholders' Ire for Comments on Debt Talks
(DBN)

Keeping Puerto Rico Honest
(DBN)

San Bernardino could end up in bankruptcy again, Moody's warns
(DBN)

City may consider Mother Of All Tax Hikes if Essar cash isn't paid by end of June
(DBN)

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Oil/Gas:

Oil slides more than 1 pct; US gasoline build seen as bearish
(DBN)

Oil Markets Are Far from Recovery
(DBN)

OPEC set to extend output deal, says Saudi energy minister
(DBN)

Crude stockpiles fall again
(DBN)

Market for Fossil Fuels is All Burnt Out
(DBN)

Testimony ends as trial of former Primera Energy CEO Brian Alfaro moves to next phase
(DBN)

Oil could be a big factor Thursday after slump
(DBN)

Ultra Petroleum Emerges From Bankruptcy
(DBN)

Oil-Sands Operators Bet on Local Advantage as U.S. Partners Flee
(DBN)

Oil Industry Worried About Trump’s “Buy American”
(DBN)

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Tech:

Warren Buffett's bet on IBM is down more than $787 million
(DBN)

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Personal Finance:

The No. 1 thing successful married couples never do with their money
(DBN)

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Healthcare:

Adeptus files for bankruptcy after string of losses Hedge fund looks to take control of Adeptus Health as bankruptcy looms Adeptus Health and Deerfield Collaborate on Comprehensive Financial Restructuring Plan
(DBN)

Owner plans to quit operating Topeka hospital
(DBN)

Theranos Investors Say They Were Pressured to Abandon Lawsuit With Bankruptcy Threat 3 Twists In The Theranos Litigation Saga In 2 Eventful Days
(DBN)

9 healthcare bankruptcies so far in 2017
(DBN)

Trump extends private-sector health care program for vets
(DBN)

Donald Trump Threatens to Sabotage Obamacare
(DBN)

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Food/Beverage:

Central Grocers will close 9 Ultra Foods stores, sell 22 Strack & Van Til sites
(DBN)

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Marijuana:

Why Fox Rothschild Is Still Banking on its Cannabis Practice
(DBN)

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Rail:

Amtrak's Vanishing Train Service
(DBN)

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Media:

Peter Thiel's Lawyers Now Say He Was Financially Motivated In Funding Hulk Hogan's Gawker Lawsuit
(DBN)

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Education:

Two more Illinois universities at risk of junk ratings from Moody's
(DBN)

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New Bankruptcy Opinions
(5 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (154 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (25 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)

Seminar: Latest Trends in Corporate Restructuring and Bankruptcy
(DBN)

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Bankruptcy Statistics:

March 2017 Bankruptcy Filings Down 4.7 Percent
(DBN)

Distressed debt & bankruptcy restructuring review Q1 2017
(DBN)

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Partnerships:

Chancery Rules that Claims against General Partner are Direct, Allows Action to Proceed Despite Partnership’s Bankruptcy
(DBN)

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Bankruptcy Reform:

FDIC's Hoenig warns against scrapping a U.S. bankruptcy reform
(DBN)

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Sales:

Sheriff can't dodge ex-employee's defamation suit by buying litigation rights, bankruptcy court says
(DBN)

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Surrender:

Surrendering Property: The Consequences of Surrender Are … Take Your Pick
(DBN)

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Retailing:

JCPenney is finally responding to the death of brick-and-mortar retail
(DBN)

hhgregg Gives Notice To HQ Staff As RadioShack Winds Through Bankruptcy Court
(DBN)

Sears Holdings Bankruptcy Filing Expected On July 10 Or Soon After
(DBN)

'Rogue' Radioshack Facebook page lashes out at customers
(DBN)

Even the Rich are Sick of Neiman Marcus Neiman Marcus is now borrowing money to make interest payments on its debt
(DBN)

Foot Locker shares slide after profit warning
(DBN)

National Retailers Are Abandoning Small Town, USA
(DBN)

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Solar:

Sungevity secures US$50 million bankruptcy buyout
(DBN)

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Pensions:

How to Fix America's Broken Pension System
(DBN)

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Climate:

The Great Barrier Reef is Officially Dying
(DBN)

Rising Seas Could Flood Middle America
(DBN)

The Nightmare Scenario for Florida’s Coastal Homeowners: Demand and financing could collapse before the sea consumes a single house
(DBN)

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Banking:

Feds Knew of 700 Wells Fargo Whistleblowers Wells Fargo Scandal Hits Bottom Line
(DBN)

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Taxis:

Uber troubles may have biz travelers re-thinking car sharing on the road
(DBN)

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Personal Finance:

Major changes coming to how your credit score is calculated
(DBN)

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Fraud:

Galleon Bankruptcy Trustee Targets Rajaratnam Payments
(DBN)

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Forex:

Gallant Capital Reveals Why It Filed for Bankruptcy Protection
(DBN)

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UK:

Tata Steel still in talks over UK pension
(DBN)

Former 'Dragons' Den' star Sarah Newman exits bankruptcy in the UK
(DBN)

Alarm Bells Start Ringing for U.K. Economy
(DBN)

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PIIGS:

IMF may fund Greek bailout with small amount, for one year - government spokesperson Greece Hits a Bailout Target. The IMF Is Not Convinced Greek government plays up IMF's revised budget projections
(DBN)

Alitalia workers vote on cuts to stave off bankruptcy
(DBN)

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Canada:

B.C. woman settles with BCSC for fraud
(DBN)

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Belgium:

Bankruptcy statistics in Belgium: March 2017
(DBN)

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Brazil:

Dutch court puts two units of Brazil's Oi into bankruptcy proceedings
(DBN)

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Venezuela:

GM: Venezuela Has Seized Our Auto Plant
(DBN)

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China:

Stung by debt, China's economic growth to slow to 6.5 percent in 2017
(DBN)

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Japan:

Toshiba keeps fighting, but its future looks grim
(DBN)

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France:

Overview of French conciliation procedure
(DBN)

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