August 14, 2017

The Daily Bankruptcy News

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Law:

Citi: First Half Marked by Slow Growth
(DBN)

Applicants Plunged 52%, And Acceptance Rates Increased 20%, At Non-T14 Law Schools From 2008 To 2016
(DBN)

Rescission Watch: Which Biglaw Firm Is Pulling Offers?
(DBN)

Are NYU Law Students Worried About Getting Biglaw Offers, Or Nah?
(DBN)

Investors' Lawyer Says $750M Suit Could 'Bankrupt' Duane Morris
(DBN)

Woman killed by madman at white power rally identified as bankruptcy paralegal Heather Heyer, woman killed at white nationalist rally, hailed as 'hero' for her activism 32-year-old Charlottesville victim Heather Heyer was passionate about social justice, her boss said Charlottesville Victim's Mother Is 'Proud of How She Died' Charlottesville victim Heather Heyer ‘died doing what was right’ Heather Heyer, Charlottesville Victim, Is Recalled as ‘a Strong Woman’ Charlottesville Victim Heather Heyer Told People in Crisis: ‘It’s Going to Be OK’
(DBN)

New York lawyers warned not to use legal referral service Avvo, state bar says
(DBN)

Charlotte School of Law’s state license expires after missed deadline
(DBN)

With law firms lagging in diversity, how can GCs be a force for change?
(DBN)

Judge Scheindlin on Women’s Absence in Courts
(DBN)

Dispatches From Law Firm Interviews at NYU
(DBN)

As Asian Americans Become More Pivotal In The Affirmative Action Debate, Both Sides Weigh In
(DBN)

Law Deans Argue Over How to Count Jobs They Fund
(DBN)

Overcoming The Awkwardness Of Establishing A Mentorship
(DBN)

Fired engineer James Damore has an 'above decent' chance of winning his legal case against Google
(DBN)

Columbia Law Dean on How to Train 'Lawyers of the Future'
(DBN)

8 easy ways to fix common iPhone problems
(DBN)

Traveling out of the country? Lawyers should consider using ‘burner’ devices
(DBN)

Disruption And The T-Shaped Associate: How Young Lawyers Should Look To Develop In A Transforming Industry
(DBN)

Trump administration to SCOTUS: Temporary travel ban is not based on religion
(DBN)

Lawyer accused of forging his client's signature on a settlement agreement
(DBN)

A High-Profile Prosecution Leads To Bigger Things
(DBN)

From Jail To Yale — And Hopefully The Bar
(DBN)

VA governor defends Charlottesville police inaction: Militia members had 'better' guns than police
(DBN)

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Judges:

New lawyers' inexperience and ignorance is a bigger ethics risk than lies or deceit, judges panel says
(DBN)

Will the Supreme Court get to ‘a bridge too far’ in big cases next term?
(DBN)

Thurgood Marshall’s courage and passion celebrated by former law clerks, author
(DBN)

Federal courts fix ‘major’ PACER security flaw
(DBN)

In Wake Of Trump, Liberals Start To Realize They’ve Had The Judiciary All Wrong
(DBN)

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Wall Street:

Stocks are set to surge at the open as North Korea tensions ease Dow futures flirt with 100-point gain as North Korea fears put on back burner
(DBN)

How Do You Price a Problem Like Korea?
(DBN)

Wall Street traders have had a tough year — and it's eating into their bonuses
(DBN)

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Layoffs:

NantHealth to Lay Off 300
(DBN)

Westinghouse furloughed 870
(DBN)

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Politics:

Donald Trump under fire after failing to denounce Virginia white supremacists GOP is more likely to vent ‘personal disgust’ for Trump after Charlottesville Condemn the White Supremacists, Mr. President Republicans and Democrats slam Trump for not specifically condemning white nationalists in Charlottesville Virginia’s governor condemned white supremacy—doing what the president has not Trump blames 'many sides' following deadly white nationalist rally in Charlottesville Neo-nazis and white supremacists are celebrating Trump's remarks about the Charlottesville riots Fear of Violent Left Preceded Charlottesville Mom of Virginia murder suspect told son to rally 'peacefully' What We Know About James Alex Fields, Driver Charged in Charlottesville Killing 'I haven't heard you say "I condemn white supremacists"': Jake Tapper confronts White House adviser over Trump's refusal to explicitly call out neo-Nazis Ivanka Trump condemns 'racism, white supremacy and neo-Nazis' in Charlottesville statement Religious communities are grappling with the racism that enabled violent attacks against protesters—including the racism within their ranks H.R. McMaster classifies Charlottesville riots as 'terrorism' Charlottesville mayor blames Trump for white supremacist violence White House says Trump condemns 'all extremist groups' The Alt-Right's Rebranding Effort Has Failed Take the Statues Down The Problem With Confederate Monuments The Myth of the Kindly General Lee Making Sense of Robert E. Lee Neo-Nazis and White Supremacists applaud Donald Trump's response to deadly violence Duke: Charlottesville Fulfills Trump Promises KKK Member Ordered Charlottesville Violence Trump Finally Condemns Neo-Nazis, KKK A day later, White House says Trump meant to condemn white supremacists
(DBN)

Trump’s DC Hotel is ‘getting three times the average’ hotel rate — and making a lot more money than expected
(DBN)

Former Ambassador to Russia goes on epic rant after Trump ‘disses Americans – to praise Putin’ 'He's girding himself for a long legal battle': Paul Manafort's spokesman explains why he's switching lawyers at critical stage ‘Putin owns him — 100 percent’: Morning Joe panel agrees Russia is blackmailing Trump Mueller Is Said to Seek Interviews With West Wing in Russia Case Trump Drops His Fight With Mueller
(DBN)

Trump boasts the military is 'locked and loaded' if North Korea acts 'unwisely' North Korea and Trump administration quietly involved in 'back channel' diplomacy Chinese President Lectures Un and Trump South Korea Worries Over Trump's Threat The worse North Korea acts, the more cash aid it gets
(DBN)

Former intelligence chief shrugs off Trump with a self-deprecating quip: I thought things would improve 'once he got rid of the two "Nazis"'
(DBN)

Rasmussen: Trump Approval Back Up To 45%
(DBN)

'Facts don't matter': How Trump uses one of Putin's favorite propaganda tools
(DBN)

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Travel:

7 things airlines are doing that make flying worse
(DBN)

Flight attendants share 25 things they wish passengers would stop doing — and one you can probably get away with
(DBN)

As anti-tourism marches spread across Europe, how not to be a jerk on vacation
(DBN)

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Healthcare:

Ironstone wins North Philadelphia Health System bankruptcy auction
(DBN)

Anthem to Stop Selling Individual Plans in Much of Virginia
(DBN)

Montana's Health Co-op remains standing as others falter
(DBN)

Embattled Merced health clinic that left patients in the dark has closed
(DBN)

Horisons clinics close in Stanislaus, Merced and other counties
(DBN)

How the Trump administration is spending millions to shore up Obamacare
(DBN)

Poll Shows Most Americans Want Trump Administration To Make ACA Work And Not Let It Fail
(DBN)

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Maritime:

Maersk chief sees further deals in shipping container industry
(DBN)

THE Alliance Weaves Bankruptcy Safety Net
(DBN)

Yang Ming stays in the red as THE Alliance fine-tunes its contingency fund
(DBN)

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Economy:

Key Measures Show Inflation mostly below 2% in July
(DBN)

BLS: CPI increased 0.1% in July, Core CPI increased 0.1% US consumer prices rise less than expected in July
(DBN)

Corporate America Is Having Its Best Earnings Season in 13 Years
(DBN)

The latest RAND survey paints a disturbing portrait of the American workplace One-fifth of Americans find workplace hostile or threatening
(DBN)

Q3 GDP Forecasts
(DBN)

Here's what to expect as crucial NAFTA talks between US, Canada and Mexico begin this week Crunch time for Donald Trump on trade NAFTA renegotiations are about to begin — and Trump is on a collision course with the auto industry Business Groups Wary as NAFTA Renegotiation Begins This Week NAFTA talks: The view from the free trade front lines These Are Trump's Nafta Deal Makers — and the A Team Across the Table Expect mostly posturing in first round of NAFTA talks this week NAFTA Flashpoints: Issues to Watch as the Talks Unfold Trump NAFTA Goals to Collide w/ Industry
(DBN)

GOP debates retroactive tax cuts Five Questions for Republican Tax Reformers
(DBN)

Why is the Dollar Falling?
(DBN)

A big Wall Street firm bets the American Dream is dying
(DBN)

Trump ponders trade war with China Trump wants probe on China's rules on intellectual property Trump takes risk in pressuring China Trump to launch investigation into China trade violations Trump plans to make China very angry at the worst possible time Chinese state newspaper says Trump trade probe will ‘poison’ relations
(DBN)

NAFTA negotiations could mark end of era for Mexican exports
(DBN)

Congress has 12 working days to avoid an economic disaster — and there's good reason to panic
(DBN)

How Trump v Kim can wreck the world economy without a shot being fired
(DBN)

Rogoff: The world's central banks should get ready for negative interest rates in the next recession
(DBN)

24 applicants are chasing every low-skilled job and keeping pay growth low
(DBN)

More Americans would rather not work than take jobs for stingy wages
(DBN)

GE Pennsylvania: Texas Stole Our Jobs
(DBN)

In Debt We Trust for U.S. Consumers With $12.7 Trillion Burden
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

Conflict Between CPLR and Bankruptcy Code: A Dilemma for Lenders
(DBN)

Durham Will Spend Nearly $2 Million to Help Homeowners Left in a Lurch by a Bankrupt Developer
(DBN)

The Housing Bottom and Comparing Housing Recoveries
(DBN)

The housing market has recovered; construction workers haven't
(DBN)

Last piece of bankrupt Magnolia project in Charleston set to be sold
(DBN)

Ten-X: We are definitely not in a housing bubble
(DBN)

Housing-bubble fears are strongest in Washington state
(DBN)

NYC mayor signs law promising lawyers to low-income tenants facing eviction
(DBN)

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Municipalities:

Turning Bust To Boom: P3 Initiatives Under PROMESA
(DBN)

Dallas County Schools Could Still End Up Bankrupt If It Survives Election Credit agency warns of bankruptcy risk for Dallas County Schools
(DBN)

In Flint, Democratic candidates call for repeal of emergency manager law Flint and pipeline cases become ‘harbingers of conflict in the future’ of water
(DBN)

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Oil/Gas:

Chicago Bridge & Iron's Latest Setback: A $558M Charge
(DBN)

BlueCrest is latest company to stop work, citing state’s defunct cash-for-credits scheme
(DBN)

'Cowboy' trader Bill Perkins: Look for this commodity to jump more than 30 percent
(DBN)

Oil prices slip on Chinese demand concerns, rising US activity
(DBN)

US Shale Output Poised To Keep Rising Despite Investor Concerns
(DBN)

U.S. Energy Expenditure Level Lowest In Over A Decade
(DBN)

Oil producers are losing resolve to cut production and boost prices, energy watchdog warns
(DBN)

Silicon Valley has become common threat to Houston and Detroit
(DBN)

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Food/Beverage:

Applebee's is closing up to 135 locations across the US after ditching its 'Middle America roots' to win over millennials Applebee’s is done trying to win over millennials
(DBN)

Several Joe’s Crab Shack Restaurants Abruptly Close With No Warning To Employees
(DBN)

Oregon makes it illegal for restaurants to schedule workers at the last minute
(DBN)

Blue Apron's Liquidity Is A Ticking Time Bomb
(DBN)

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Retailing:

One of New York's most iconic shopping districts is dying
(DBN)

J.C. Penney Plummets After Loss Renews Concerns About Retail
(DBN)

The Headwinds Were Too Strong for Macy's
(DBN)

Despite the Amazon effect, here's how mom and pop stores are thriving on Main Street
(DBN)

The Incredible Shrinking Sears
(DBN)

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Corporate Reform:

Trump slows federal regs to a crawl in first six months
(DBN)

US Sen. Elizabeth Warren asks CEOs to weigh in on CFPB's forced arbitration rule
(DBN)

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Hedge Funds:

Some of the world's largest hedge funds are getting crushed
(DBN)

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Religion:

Richmond Christian Center looking to merge in new bankruptcy plan
(DBN)

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Autos:

Who Will Pay for Takata’s Future Victims?
(DBN)

GM Accuses Bankruptcy Trust of Secret $1 Billion Stock Plot Lawyers Seek Another $1 Billion From General Motors Over Ignition-Switch Defect
(DBN)

Auto industry fights for influence on NAFTA talks
(DBN)

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Newspapers:

Alaska Dispatch News files for bankruptcy; new publishers emerge Alaska’s largest newspaper reports it has filed for bankruptcy Alaska Dispatch News poised to change owners amid bankruptcy filing
(DBN)

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Golf:

Bright’s Creek owner responds to bankruptcy sale
(DBN)

Ben Hogan golf equipment back following bankruptcy
(DBN)

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New Bankruptcy Opinions
(8 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (37 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)

Bankruptcy Jobs:

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

Seminars - (Contact us to list your seminar)

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Bankruptcy Statistics:

Oil bankruptcies slow dramatically this year
(DBN)

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Bankruptcy Rules:

Request for Comment from the Bench, Bar, and Public from the Judicial Conference Advisory Committees on Appellate, Bankruptcy, Criminal, and Evidence Rules
(DBN)

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SCOTUS:

Surprise dismissal of SCOTUS bankruptcy case seemingly prompted by change in claim ownership
(DBN)

U.S. Supreme Court Grants Certiorari to Decide Circuit Split on Applicable Law for the Recharacterization of Debt
(DBN)

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Subordination:

Illinois District Court Maintains a High Threshold for Equitable Subordination of Insider Secured Loans
(DBN)

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Commodities:

Noble Group Ballooning Debt Seen Raising Restructuring Risk
(DBN)

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Radio:

Proposal Could Save iHeartMedia From Bankruptcy
(DBN)

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Non-Profits:

NV: Goodwill files for Chapter 11 bankruptcy Goodwill of Southern Nevada files for Chapter 11 bankruptcy
(DBN)

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Brides:

New Jersey wedding venue abruptly closes sending brides into a panic
(DBN)

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Currency:

Bitcoin has broken $4,000
(DBN)

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Celebs:

NFL player who lives on $60,000 a year says this book changed his mindset about money
(DBN)

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Coal:

Coal company yanks IPO, blaming 'market conditions'
(DBN)

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Private Equity:

Private equity firms' lawyers get creative
(DBN)

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Electricity:

Berkshire bid for Oncor is good for Texas business Eclipse day may shed some light on Berkshire’s chances for acquiring Oncor
(DBN)

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Aviation:

Creditor trying to force Dynamic airline into liquidation
(DBN)

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Banking:

Court Approves Heartland's Sale of Community State Bank
(DBN)

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Music:

Soundcloud saved from bankruptcy by new $169.5M investment
(DBN)

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UK:

Tata Steel forges deal on U.K. pensions revamp
(DBN)

UK Pushes Ahead with Brexit Negotiations
(DBN)

WFW boosts London offering with restructuring partner hire
(DBN)

Insolvency Service Enforcement Outcomes: 2017/18
(DBN)

Britain's Inexcusable Dithering Over Brexit
(DBN)

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EU:

Europe’s Newly Employed Offer Glimpse of State of Economy
(DBN)

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PIIGS:

Monte dei Paschi reports 3.1 billion euro loss as state steps in
(DBN)

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Canada:

ICBC in crisis: Once-lauded auto insurer is a mess, on 'path to insolvency'
(DBN)

Meet NAFTA negotiator Steve Verheul — the most important Canadian you've (probably) never heard of NAFTA emerges as Trudeau's biggest, unexpected test Canada brings tempered optimism to NAFTA talks Round 1: Canada stakes out ground as historic NAFTA rewrite begins
(DBN)

ICBC is 'on the path to insolvency ' and there's no clear fix
(DBN)

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Venezuela:

Russia's biggest oil company has been secretly helping Maduro stay afloat in Venezuela
(DBN)

In Venezuela, the economy may yet do what the opposition couldn’t
(DBN)

Venezuela under the threat of default of payment
(DBN)

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India:

Bill related to bankruptcy referred to joint panel
(DBN)

Bankrupt Jaypee Group faces heat by Noida home buyers waiting for their dream house What if your builder becomes insolvent? Road ahead for Jaypee buyers Jaypee flat buyers claim whole situation was well planned scam Jaypee management gives verbal assurance to buyers after day-long protest
(DBN)

Public lenders focused more on bad debts than credit growth
(DBN)

NCLT expedites processing of insolvency cases
(DBN)

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MENA:

Is ISIS Bankrupt ?
(DBN)

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China:

China just revealed a whole series of disappointing news about its economy
(DBN)

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