April 6, 2017

The Daily Bankruptcy News

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Law:

Chadbourne Wants Kerrie Campbell to Leave the Building Chadbourne Partners Will Vote To Expel Partner Bringing Gender Bias Suit
(DBN)

Law Firm Merger Mania Continues in First Quarter of 2017
(DBN)

32 Firms Line Up to Fight 'Unfinished Business' Doctrine at Calif. High Court
(DBN)

Law Firm Leaders Struggle to See the Market: Report
(DBN)

Deutsche Bank's proposed junior lawyer 'pay block' could become a trend, warn in-house lawyers
(DBN)

2nd Circ. Judge Critical Of Locke Lord
(DBN)

Boutique Firm Lawyers Accused Of Using Courts To ‘Further Their Own Self-Aggrandizement’
(DBN)

Corporate counsel develop new model for law firm cybersecurity
(DBN)

Ex-Cincinnati Law Dean Challenges Her Removal: Faculty Unwilling To Put Student Needs Ahead Of Their Own Is Not Adequate Ground
(DBN)

Mike Pence Is a Prude, and So Are Big-Law Partners
(DBN)

Facebook Demands That Its Outside Law Firms Meet 33% Diversity Target That Facebook Does Not Meet
(DBN)

NYU SNAFU
(DBN)

The Trump White House Lawyers: How Much Are They Worth? (Part 2) Trump White House Lawyers: How Much Are They Worth? (Part 3)
(DBN)

Squire Patton Boggs announces alliance with Trump’s personal lawyer
(DBN)

Susman Godfrey Retreats From Contingency Model, Looks to Oil and Gas Clients - "I have 116 lawyers at this firm. They need to feed their families"
(DBN)

How long should I wait to follow up after a job interview? I was told I’d hear within 2 weeks, but it’s been 3 and I haven’t heard anything. What should I do?
(DBN)

7th Circ. Rules Civil Rights Act Covers LGBT Bias Workplace rights broadened for gays and lesbians Title VII protects gay workers, 7th Circuit rules; Posner backs ‘interpretive updating’ of old laws A Judicial Battle Royal At The Seventh Circuit — And Judge Posner’s Favorite Gays Of All Time The shrewdness of Judge Wood’s opinion in LGBT workplace bias case
(DBN)

Anti-Gay Lawyer Can Lawyer (In Michigan) No More
(DBN)

‘FutureLaw’ Promises To Be Very Male And Very White
(DBN)

Should Attorneys Care About Data Analytics?
(DBN)

How to Get Addiction Treatment Without Killing Your Legal Career Reflecting On 10 Years Of Sobriety
(DBN)

Dallas Legal Market is Smoking Hot in 2017
(DBN)

How do I address large employment gaps on my resume?
(DBN)

How being miserable at work can damage your physical health
(DBN)

A group of governors wrote a letter urging Jeff Sessions to keep marijuana legal
(DBN)

Judge orders architect of Trump’s immigration policy to turn over secret plan he presented to Trump
(DBN)

Judge Plans Jury Instruction On Incomplete Police Work In Aaron Hernandez Double Murder Case
(DBN)

Do Not Walk Your Dog While Driving
(DBN)

Stinky cooking odors a crime, court rules
(DBN)

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Judges:

BK NM Seeks Half-Time Judicial Law Clerk
(DBN)

Neil Gorsuch Accused of Plagiarism Days Before Confirmation Vote Law review author says she isn’t bothered by Gorsuch’s use of similar sentences in book Gorsuch's Plagiarism Is Worthy of Embarrassment Gorsuch’s bizarre “frozen trucker” opinion Demystifying Differences Between this SCOTUS Confirmation and Others That Preceded It How Gorsuch Could Pull the Eight Other Justices Rightward Should the Democrats filibuster Gorsuch? Senators Throw Final Barbs Before Gorsuch Showdown Financial Cases Hang in the Balance of Gorsuch Supreme Court Battle
(DBN)

Department of Homeland Security confirms ICE will be trolling courts to catch undocumented immigrants
(DBN)

The Supreme Court as Partisan Tool
(DBN)

Judge can serve on beauty pageant panel, ethics opinion says
(DBN)

Pattern of misstated facts found in probe of renowned federal judge’s opinions
(DBN)

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Wall Street:

Futures point to lower open on Wall Street, Trump-Xi meeting eyed U.S. stocks set to pick up on selloff as Fed shock keeps rattling investors
(DBN)

Global Markets Fall After Fed Minutes
(DBN)

Stocks close lower; Dow and S&P post biggest 1-day reversal in 14 months after Fed minutes
(DBN)

Stocks could well crash if Trump keeps his campaign promises on China
(DBN)

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Layoffs:

Acorda Will Cut 20 Percent of Workforce After Patent Case Loss
(DBN)

Ricoh's West Caldwell Workers Face Mass Layoff
(DBN)

The Bright Side of Job-Killing Automation
(DBN)

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Student Debt:

Amid billions owed in student loans, U.S. taps law firms to recoup small debts from long ago
(DBN)

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Healthcare:

Bankrupt North Philadelphia Health System hires investment bank for sale
(DBN)

Sounding bankruptcy alarm, Unilife lays off 51
(DBN)

GOP health deal elusive as House to quit Washington Poll: Most young people say gov't should pay for health care Zombie Trumpcare Is Dead Again White House, lawmakers adrift over reviving health bill Under new GOP plan, health plans could get cheaper — but less useful to sick people
(DBN)

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Corporate Reform:

CEOs Call for Changing Dodd-Frank as Trump Pledges to Shear 2010 Law
(DBN)

Hensarling to CFPB's Cordray: You deserve to be fired immediately
(DBN)

Empty Seats at Regulators Hold Back Trump Bid to Undo Dodd-Frank
(DBN)

Trump adviser Cohn says he supports splitting lending and investment banks
(DBN)

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Non-Profits:

Hundreds Of Couples Have Been Devastated By The Sudden Collapse Of An Adoption Agency
(DBN)

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Guns:

The gun industry is finding out that a friendlier political climate is bad for the bottom line
(DBN)

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Economy:

Fed plans to shrink balance sheet this year, minutes show Fed minutes reveal debate over inflation and Trump Inside the Fed's March Meeting: The Annotated Minutes FOMC Minutes: "A change to the Committee's reinvestment policy would likely be appropriate later this year" The Fed just touched on one of the biggest debates about the post-election economy The Fed wants to start shrinking its $4.5 trillion balance sheet later this year The Fed is getting worried about the stock market The Fed is getting aggressive with its messaging to markets after learning hard lessons The Fed now appears to think that Trump won't boost the economy until 2018 Goldman Sachs chief economist says Fed's move 'makes sense' ahead of likely Yellen exit
(DBN)

Why mortgages, other interest rates could go up faster than you think
(DBN)

The sudden resignation of a Federal Reserve president came with a huge hint that there's more to come
(DBN)

These 10 US states would bear the brunt of the proposed border tax
(DBN)

Trump rails against China stealing US jobs, but China has concerns about the reverse Trump's Xi Summit Tests His Promise to Win on Trade, North Korea US and China Relations: The Clashing Agendas
(DBN)

Public Confidence In The U.S. Economy Hits 10-Year High
(DBN)

ADP: Private Employment increased 263,000 in March U.S. companies continue strong hiring, adding 263,000 jobs, ADP says
(DBN)

Dollar rises after strong U.S. private sector jobs report
(DBN)

Donald Trump Still Doesn’t Understand the Unemployment Rate
(DBN)

American Jobs Are Headed to Mexico Once Again
(DBN)

The Trump administration's 'extreme vetting' will likely rile US allies abroad and the travel industry at home
(DBN)

Markit services PMI unexpectedly falls ISM Non-Manufacturing Index decreased to 55.2% in March
(DBN)

Wall Street is starting to doubt that Trump will deliver on his massive tax cut
(DBN)

Some Things Might Be Worth a Government Shutdown, Voters Say
(DBN)

Why It's So Hard to Get Ahead in the South
(DBN)

Paul Ryan says tax reform plan could take even longer than healthcare reform How GOP Conservatives Could Make Tax Reform Impossible
(DBN)

21 US cities where making $100,000 a year isn't enough to put you in the top 20% of earners
(DBN)

Post offices could give low-income Americans access to financial services
(DBN)

Here’s how much money you need to live ‘comfortably’ in major U.S. cities Living Comfortably Is Difficult In 39 US Cities
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

Reis: Office Vacancy Rate "steady" in Q1 at 15.8%
(DBN)

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

Mall Vacancy Rate Since 1980
(DBN)

How a New Kind of Fraud Puts Real Estate Owners, Lenders at Risk
(DBN)

Foreclosure Crisis Update
(DBN)

Fitch found a key formula to protect banks from being burned if there's a commercial property crash
(DBN)

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Municipalities:

Nearly a dozen states are suffering from 'chronic budget stress'
(DBN)

A possible restructuring of PREPA debt is on the way
(DBN)

Puerto Rico Continues to Ignore Congress
(DBN)

Moody's downgrades $13 bln in Puerto Rico debt; affirms GO, COFINA
(DBN)

House votes in support of MCS takeover
(DBN)

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Oil/Gas:

Seadrill in a Free Fall Is Fodder for Day Traders as Hope Fades Seadrill: Why The Market Is Right Seadrill - What Really Drove The Selloff And What May Happen? Will Seadrill Become the 'Second Sonangol Case'?
(DBN)

Offshore Decommissioning Liability And Bankruptcy
(DBN)

Oil eases off one-month high on surprise U.S. crude build Oil Erases Gains After Inventory Head-Fake
(DBN)

Commercial crude stockpiles keep rising
(DBN)

Deep-water project costs down by a fifth
(DBN)

OPEC Deal Extension Looks Shaky As Shale Hedges Production
(DBN)

OPEC’s No.2 Goes Rogue: Plans 600,000 Bpd Oil Output Increase
(DBN)

Oil tanker traffic is down — and that means crude's price could go higher
(DBN)

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Education:

Westech College's abrupt closure raises questions about training options Westech abruptly closes down all three campuses
(DBN)

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Politics:

Trump removes Bannon from National Security Council National Security Council shake-up: Bannon out, Rick Perry in Major Donor Set Up Secret Meeting to Create Trump-Putin Back Channel House Democrats press Trump to release tax returns Trump’s budget would hit rural towns especially hard — but they’re willing to trust him Without evidence, Trump says Susan Rice may have acted criminally Morning Joe mocks Trump for bragging about election win: ‘Did he mention his 34 percent approval?’ Donald Trump's Latest Approval Rating Plunges as White Male Supporters Flee the President
(DBN)

For Trump, the weight of world's problems sink in
(DBN)

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Debt Collection:

Collectors Take Note: FDCPA Litigation Over Letters Continues
(DBN)

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Shipping:

Eagle Bulk Shipping fourth-quarter loss widens on a YOY basis
(DBN)

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Coal:

Peabody Energy And Big Coal: Don't Call It A Comeback
(DBN)

The end of coal: EU energy companies pledge no new plants
(DBN)

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Bankruptcy Crimes:

Feds indict former UTA board member over Draper transit deal, bankruptcy filings
(DBN)

Kent Lindemuth indicted on perjury charge for allegedly lying about money
(DBN)

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New Bankruptcy Opinions
(3 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (19 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (18 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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Bankruptcy Reform:

ABI Consumer Bankruptcy Commission Leaders Seek Input from Stakeholders
(DBN)

House votes to create new bankruptcy rules for banks Bill To Amend Bankruptcy Code For Banks Moves Forward
(DBN)

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Discharge:

Millennium To Brief Court On Creditor 3rd-Party Releases
(DBN)

Plan Discharge and Injunction Provisions: Creditors Beware
(DBN)

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Retailing:

Fitch sees US retail defaults rising to 9 percent in 12 months
(DBN)

The growing list of retailers filing bankruptcy
(DBN)

Citi Has an Alternative 'Big Short' on Retail
(DBN)

Bebe will close 21 stores as it works to overhaul its business
(DBN)

Payless ShoeSource bankruptcy is the latest blow for retail bondholders Wells Agents $385MM Payless ShoeSource DIP Financing Payless ShoeSource Outlines Plan to Survive Bankruptcy Payless Announces Court Approval of First Day Motions Moody's Downgrades Payless' PDR to D-PD Following Bankruptcy Filing; Will Withdraw Ratings Here’s The List Of Payless Stores That Will Be Closing Maybe Kanye West Could Have Saved Payless
(DBN)

Amazon now worth twice as much as Walmart
(DBN)

The troubles at the American mall are coming to a boil
(DBN)

Notable stores who filed for bankruptcy in the last 10 years
(DBN)

Hudson's Bay explores 'major reinvention,' considers real estate IPO
(DBN)

Even Developers Agree The U.S. Has Way Too Much Retail Space
(DBN)

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Nuclear:

Trump Team Takes Steps to Keep Chinese From Westinghouse Trump administration seeks non-Chinese owner for Westinghouse
(DBN)

Bankruptcy may kill nuke plants
(DBN)

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Awards:

Turnaround Atlas Award Winners
(DBN)

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Banking:

Litigation against global banks up 37 per cent
(DBN)

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Autos:

Annual Vehicle Sales: On Pace for First Decline Since 2009
(DBN)

US Auto Industry Facing 2004-Style Triple Threat That Killed GM Brands
(DBN)

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Mining:

Judge: Work can restart at former Essar site
(DBN)

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UK:

Take “Special” care: Not all Insolvency Rules change on 6 April
(DBN)

European parliament backs red lines resolution for Brexit negotiations Reality Check: European Parliament's 'red lines' on Brexit We just got two big hints that the UK isn't going to get a EU trade deal before Brexit Explained: A transition deal and what it would actually mean for Brexit David Davis accused of 'making it up as he goes along' after refusing to disclose basic details of Brexit analysis A finance lobby group is warning about the diabolical impact a 2 year Brexit deadline will have on the city EU's Barnier Warns U.K. to Focus on Exit or Risk No Brexit Deal With Brexit underway, Brits are even arguing about the color of their passports Brexit: Chief EU negotiator brands Theresa May's withdrawal strategy 'risky' Up to 100,000 UK jobs at risk as Merkel and Juncker ally warns on euro clearing European bankers in UK sick of location limbo and are volunteering to leave A prominent Merkel ally says London should be stripped of a €930 billion daily business after Brexit Brexit is set to damage Britain's tourism industry
(DBN)

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PIIGS:

Greek banks' bad loan rates dip, but still sky-high
(DBN)

Greece expects bailout deal Friday, says gov't spokesman Greek PM accuses creditors of 'playing games' Greece blames creditors for delays In high risk move, Tsipras suggests EU summit as bailout talks drag More cuts considered for auxiliary pensions
(DBN)

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Canada:

Federal Court addresses maritime lien issues in OW Group bankruptcy proceedings
(DBN)

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Australia:

In tax evasion hunt, Australia finds scores of Swiss accounts still active
(DBN)

Australian government releases draft insolvent trading and ipso facto legislation
(DBN)

Majority of Allphones stores to stay open as creditors reach agreement
(DBN)

Big banks sweat on $1b as Arrium steel close to full capacity
(DBN)

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Mozambique:

Mozambique's Ex-President Dragged Into $2 Billion Debt Probe
(DBN)

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China:

Are bankruptcy cases about to rise significantly?
(DBN)

The rise and 90-minute fall of the tycoon behind Huishan Dairy
(DBN)

China's Dongbei Steel says faces "uncertainties" paying interest on some debt
(DBN)

China's Local Debt Nightmare Is Getting a Rerun After Rating Cut
(DBN)

China's Debt Puzzle Grows Complex as `Off-Book' Bonds Surge
(DBN)

______________

India:

Air India future in doubt as auditors' report raises concerns
(DBN)

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