August 21, 2017

The Daily Bankruptcy News

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Law:

Slow growth for law firms in 2017
(DBN)

The Biglaw Firms That In-House Counsel Recommend Most
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The march of the millennials
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How Robyn Pollack Plans To Boost The Attraction And Retention of Millennial Women At Law Firms
(DBN)

Total Eclipse of Liability?
(DBN)

Judge threatens to throw the book at Quinn Emanuel atty after "reprehensible" contact with potential witnesses
(DBN)

Opportunistic law firms succeed in changing their fortunes
(DBN)

Husch Blackwell’s next CEO is a nonlawyer
(DBN)

Ex-Foley & Lardner Partner Enters Not-Guilty Plea in Case Alleging Insider Trading
(DBN)

Taylor Swift's Lawyer Tells All
(DBN)

Even Lawyers, Legal Staff Are Caught in (high) Retirement Angst
(DBN)

In Wake of Charlottesville, Attorneys Discuss Lawyers' Duty to Speak Out
(DBN)

The legal fallout from Charlottesville
(DBN)

Why Even Nazis Deserve Free Speech
(DBN)

ABA Grapples With Political Voice in Trump Era
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Organizer Denounces Heather Heyer As “Fat, Disgusting Communist”
(DBN)

Internet rights group slams Google and GoDaddy's 'dangerous' decision to ban a neo-Nazi site
(DBN)

Legal technology patents have increased 484% globally in last 5 years
(DBN)

In Improving Law Firm Security, IT Needs to Learn the Language of Legal
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More law school deans call for lowering California bar exam cut score
(DBN)

Queen Of The Multistate Bar Exam Bids Adieu
(DBN)

Valparaiso Enrolls 28 1Ls, Down 73% From Last Year (87% From 2013)
(DBN)

The ‘Renaissance Attorney’: No, Lawyers Don’t Need To Learn Math Or Science (Yet)
(DBN)

3 Ways For Lawyers To Reduce Substance Abuse That Actually Work
(DBN)

Abelson Legal Search seeks $1M in punitive damages from Baker Donelson firm
(DBN)

Kourtney Kardashian Wants To Go To Law School
(DBN)

Adorable Little Girl Is Very Upset That Her Mom Enrolled Her In Preschool Instead Of Law School
(DBN)

Man Overdoses -- While Sitting In Courtroom
(DBN)

The violence in Charlottesville set up a real conflict between the First and Second Amendments
(DBN)

Facing criticism over Charlottesville suit, ACLU won’t defend armed protesters ACLU Gets Comfortable With Complexity
(DBN)

FactCheck: Trump on Comey
(DBN)

Beverly Hills Greed: The missteps that exposed the Menendez brothers
(DBN)

Judge rules out death penalty for mass killer over Orange County prosecutors’ misconduct
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Video Captures Arrest For Woman With .20 BAL
(DBN)

Woman Sentenced for Poisoning Coworkers’ Coffee with Windex
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Pennsylvania Teacher Falls Off Hotel Roof In Mexico After Laughing Too Hard
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Tenth Circuit Strips Qualified Immunity After Sheriff’s Office Raids Home Of Tea Growers
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Seattle Police Department Throws Major Shade At Alex Jones
(DBN)

The Worst Interview I Ever Had…
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Judges:

Judge receives ‘severe public censure,’ largely for misconduct showing lack of sensitivity
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Magistrate judge retires after Facebook comments about ‘snowflakes’ and ‘nut cases’
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Statues of SCOTUS justice who wrote Dred Scott decision are removed
(DBN)

A Woman Lawyer Of Firsts On The Federal Bench
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Disgraced Judge Roy Moore Is Leading The Alabama Senate Race
(DBN)

Law Clerk Explains To Reporter That He Really Is Kind Of A Jerk
(DBN)

Neil Gorsuch Speech at Trump Hotel Raises Ethical Questions Gorsuch's speaking engagement undermines Supreme Court's integrity
(DBN)

When Five Supreme Court Justices Said a President Can Be Indicted
(DBN)

Discussing The Lives And Legacies Of Jewish Supreme Court Justices
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This 94-Year-Old Former Judge Did Something Amazing For Local Kids
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Wall Street:

Wall Street set for a weak open Dow poised to slide again, after logging biggest 2-week fall in nearly a year
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After a wild week at the White House, weakened stock market hopes for no Fed bombshells
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Market rebounds Friday on Steve Bannon's exit, but still falls for second straight week
(DBN)

Why Wall Street is so fixated on Gary Cohn's position in the White House
(DBN)

Stock market’s record-setting rally at risk as doubts grow over Trump agenda
(DBN)

By one measure, the market is now the most expensive it's been since 2003
(DBN)

Stock Market as Barometer of Policy Success
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The Market Doesn’t Like What It’s Seeing in the White House
(DBN)

Ron Paul sees stocks chopped in half within a year — but he won’t blame Trump
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Layoffs:

Siemens Gamesa announces 140 job mass layoff
(DBN)

NY: St. Joseph’s Health offering voluntary buyouts to about 300 employees
(DBN)

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Non-Profits:

Chancellor Has To Move As Part Of UW Oshkosh Foundation Bankruptcy
(DBN)

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Rugby:

ARU threatened with bankruptcy over Force axing Western Force dispute gets uglier WA could bankrupt the ARU with $100 million lawsuit
(DBN)

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Electricity:

Bankruptcy fight over Oncor to test Warren Buffett's discipline
(DBN)

Buffett’s Berkshire Hathaway facing challenge from Sempra Energy for Oncor Sempra Is the Mystery Third Bidder For Oncor Berkshire, Elliott Are Said to Face Rival $9.3 Billion Oncor Bid Mystery Bidder Appears, Challenging Buffett for Oncor With $9.3 Billion Offer
(DBN)

Bankrupt utility company abandons $9 billion Warren Buffett deal Sempra Energy Reaches Deal to Acquire Oncor Sempra Energy to buy Oncor for $9.45 billion in cash Sempra Energy beats out Buffett for Oncor in $9.45 billion deal. Sempra snatches Oncor from Buffett with $9.45 billion bid - sources Sempra Bests Berkshire With $9.45 Billion Offer for Oncor
(DBN)

Elliott Management lawyer says utility may top Buffett's Oncor bid Paul Singer Ready To Treat Berkshire Hathaway Like Argentina
(DBN)

California Gas-Fired Power Plant Files for Bankruptcy
(DBN)

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Fintech:

Investors have become skeptical about online lending since early pioneers flamed out
(DBN)

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Food/Beverage:

Landry's paying $57M for restaurant, seafood chain
(DBN)

Joe's Crab Shack abruptly closes 40 locations amid bankruptcy proceedings
(DBN)

Bankruptcy judge forces sale of Lodge Sports Grille
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Banking:

Pensions Accuse Morgan Stanley, Goldman Sachs Et Al Of Being Just A Little Too Tight With Each Other
(DBN)

Litigation Said to Create Surprise Windfall For Deutsche Bank
(DBN)

Wells Fargo's scandal damaged their credit scores. What does bank owe them?
(DBN)

Barclays puts in sensors to see which bankers are at their desks
(DBN)

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Economy:

US factory output slips in July on tumbling auto production
(DBN)

The US fired the first shot in a trade war with China
(DBN)

Fed President says interest rate hikes are halfway done
(DBN)

More Good News on Jobs Gives the Fed a Green Light to Start Unwinding
(DBN)

House Conservatives Split Over Debt Ceiling
(DBN)

Trump poised for a September fight over border wall
(DBN)

Report: Loan Originations Decline Across Credit Products
(DBN)

Jeff Flake defends unskilled immigrants
(DBN)

These 3 cities are becoming major destinations for millennials because of the job opportunities, easy commutes, and net income
(DBN)

In January, President Trump vowed to hire 5,000 new Border Patrol agents. It never happened
(DBN)

Americans more gung-ho about economy in August, consumer sentiment survey shows Consumer confidence rises to highest level since January
(DBN)

What Would a Better NAFTA Look Like? Honing in on NAFTA's Original Rules Rapid Pace for NAFTA Negotiations Agreed Why Trump’s NAFTA Strategy Is a Surefire Failure
(DBN)

CEOs are rising up to condemn hate in America CEOs find there are benefits to standing by the president It took the worst of Trump to bring out the best in Corporate America Trump sparks rare big business backlash over Charlottesville
(DBN)

Trump Disbands Climate Change Advisory Panel
(DBN)

Goldman: There is a ‘50% chance’ of a government shutdown
(DBN)

3 ways Trump's GOP could be bad for US business
(DBN)

'Psychologically scarred' millennials are killing countless industries from napkins to Applebee's — here are the businesses they like the least
(DBN)

Infrastructure: States That Are Falling Apart
(DBN)

Please God, Save Gary Cohn from Himself
(DBN)

Unemployment Rates Unchanged in 46 States in July BLS: Unemployment Rates Unchanged in 46 states in July, Two States at New Series Lows
(DBN)

This Economy is a Gilded Mediocrity
(DBN)

Companies Still Expect Tax Reform By End of 2018
(DBN)

US Debt Clock
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World Debt Clock
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Real Estate:

Mortgage Rates Fall below 4%, Lowest since November 2016
(DBN)

Newly built homes skew ever richer
(DBN)

Sacramento Housing in July: Sales up Slightly YoY, Active Inventory down 18% YoY
(DBN)

Early Read on Existing Home Sales in July
(DBN)

Land around Schlitterbahn back on foreclosure list
(DBN)

Spoiling the Housing Frat Party
(DBN)

Treasury Should Not Bail Out Fannie’s and Freddie’s Subordinated Debt
(DBN)

Here is the official résumé of the person Trump put in charge of federal housing in New York
(DBN)

U.S. Lawmakers Seek Kushner Company Records on Maryland Apartments
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Municipalities:

St. Joseph’s Pension Fund Bankruptcy Shows RI Needs AG Who Knows Pensions
(DBN)

Harvey firefighters' pension on 'collision course' with bankruptcy
(DBN)

Cities, towns face cuts in state budget crisis
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Oil/Gas:

A big North Slope oil field remains alive despite bankruptcy, isolation
(DBN)

Five U.S. oil-drilling rigs idled Oil Rigs "Rigs counts are now off the peak"
(DBN)

Canada’s Oil Industry Doomed If Prices Fall Lower
(DBN)

Trump’s Atlantic Drilling Plan May Be A Lost Cause
(DBN)

Big Oil Nervous As Venezuela’s Maduro Seizes More Power
(DBN)

Fracking Jobs Prove Elusive for Coal Miners Looking to Switch
(DBN)

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Retailing:

One of the ugliest stores in retail is crushing its competition
(DBN)

Foot Locker: We aren't afraid of being Amazon'd
(DBN)

Amazon proof? Drawing the odds for 13 types of retailers
(DBN)

Bankruptcy boom: distress in the US retail space
(DBN)

A sports rout on Wall Street
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Personal Finance:

6 anecdotes you should rehearse before your next job interview
(DBN)

Your Credit Score Could Make or Break Your Love Life
(DBN)

The Rising Costs of Sending your Kids to a Private School
(DBN)

There are only 3 things you need to focus on if you want to retire early
(DBN)

NFL player who lives on $60,000 a year uses a simple strategy to spend less
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Travel:

Airline workers share their 22 best tips for making travel less painful
(DBN)

What I learned after being robbed at gunpoint in Mexico
(DBN)

Passenger Says Man Tried To Open Plane Door Midflight
(DBN)

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Healthcare:

HCR ManorCare's Landlord Sues to Gain Control of Properties
(DBN)

What’s Happening With Healthcare? Reactions From Leading Healthcare Attorneys
(DBN)

Here's how long Congress has to renew CHIP
(DBN)

If Congress doesn’t fund Obamacare subsidies next month it could get pretty complicated
(DBN)

An astonishing change in how Americans think about government-run health care
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Energy Storage:

Concord battery manufacturer declaring bankruptcy, cutting all 290 jobs
(DBN)

Aspiring Battery Innovator and Developer Alevo Files for Chapter 11 Bankruptcy Sales fail for batteries aimed at utility efficiency
(DBN)

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Hedge Funds:

Hedge funds betting on stocks are having their best year since 2009 — but they're still getting smoked by the market
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Education:

DeVos throws lifeline to 800 college programs Obama found questionable
(DBN)

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Celebs:

Report declares testimony of Ronda Rousey’s trainer in bankruptcy case as ‘materially false’
(DBN)

10 Rappers Who Have Had Serious Money Problems Entertainment 10 Rappers Who Have Had Serious Money Problems
(DBN)

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Fraud:

People gave brutal explanations of why they couldn’t serve on Martin Shkreli’s jury
(DBN)

Ex-ArthroCare CEO convicted again in $750 million fraud scheme
(DBN)

SEC Drops Claims Against Ex-JPM Traders in London Whale Case
(DBN)

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Student Debt:

Here's why employers may want to help out on the mountain of student loan debt
(DBN)

Debt-Laden Students Give Investors a Lesson in Hangovers
(DBN)

41,000 former for-profit college students could be eligible for student loan forgiveness
(DBN)

Corinthian Colleges Students Set to Get $183 Million Break on Bad Loans
(DBN)

Student loan debt crushing older Americans too
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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 (16 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (10 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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SCOTUS:

Crunching Data From this Past Term
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Litigation:

Retention Robots: Automatic Legal Holds Becoming the Norm for Corporate Legal
(DBN)

The Decline of Litigation?
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Politics:

Bannon out as White House chief strategist Bannon’s Path From Trusted Attack Dog to Toxic Liability WSJ: After the Bannon Presidency - Trump can't govern with a Breitbart coalition. Does he see that? Steve Bannon fired a warning shot on his way out of the White House The Inside Story of the Kushner-Bannon Civil War Bannon's ouster a big win for Gary Cohn and Wall Street Trump's chief strategist Steve Bannon out at White House Bannon is out Bannon is now reportedly 'ramping up for war against Trump' Inside the Rise and Fall of Steve Bannon Bannon: 'As long as the Democrats fail to understand this, they will continue to lose' Stocks see brief bump after Bannon ouster Another White House aide follows Bannon out the door – was Priebus friend and ally Brutal photo shows how much turnover there has been in Trump's top ranks Bannon reportedly wants to start a network to the right of Fox News Why Stephen K. Bannon was such a failure Bannon departs – but ‘Trump whisperer’ could have more influence from outside Why Trump just lit a political fuse by banishing Steve Bannon from the White House Steve Bannon plans to go 'thermonuclear' on White House Trump applauds Bannon re-joining Breitbart, right after firing him Steve Bannon's Next Move and Next War Steve Bannon Targeting His Enemies List Steve Bannon: The Trump Presidency We Fought For and Won is Over
(DBN)

Secret Service out of money to pay agents because of Trump's frequent travel, large family
(DBN)

Steve Mnuchin's Yale classmates are urging him to resign from the Trump administration in protest Mnuchin responds to Yale classmates: Trump does not equate neo-Nazis with peaceful protesters
(DBN)

Billionaire Investor Icahn Resigns From Regulatory Role Amid Conflict-of-Interest Concerns Icahn steps down as unofficial Trump adviser Carl Icahn resigned from Trump advisor role ahead of article alleging conflict of interest Why Icahn May Have Left as Trump Advisor
(DBN)

Mainstream conservative groups alarmed to be found on 'hate map' GOP is Worried About Damage to Their Party
(DBN)

'The motor will eventually stop running': Trump is alienating the lawmakers who would stand between him and impeachment
(DBN)

There are hundreds of Confederate monuments across the US — here's when they were built A stealth history lesson in Baltimore What Confederate Monument Builders Were Thinking Annapolis Removed Taney Statue Overnight Horrible Justice No Longer Has Horrible Statue George Washington And The Call For The Removal Of Statues Of Slave-Owning Founders Confederate monuments to stay at Gettysburg battlefield The Humiliating Fall of Chris Cantwell Every Confederate statue must come down — not because of what they are, because of why they are Six Flags Over Texas will not remove Confederate flag Six Flags Pulls Down Confederate Flags UT Removed Confederate Statues Overnight Duke University removes contentious Confederate statue of Robert E. Lee days after it was vandalized History of White Supremacy in America Why There Are No Nazi Statues in Germany KKK Counter-Protest in Durham Massive turnout of Boston counter-protesters chant ‘shame’ as police escort right-wingers These are the 10 US military bases still named after Confederate soldiers Thousands of people gathered for a candlelight vigil at UVA The US is seeing an uptick in far-right extremist violence Keeping track at home? Here’s a list of who’s leaving Mar-a-Lago Roadblocks, weapons bans as Boston braces for ‘Free Speech’ rally How America forgot the true history of the Civil War Regime Change in Charlottesville - If you understand why that Civil War statue really went up, the debate over removing it looks a lot different Kentucky town takes stand for preservation of Confederate monuments Jefferson Memorial to get slavery update After Charlottesville, Boston aims to avert violence at 'Free Speech' rally Gainesville set for white nationalist meet Far-right protests leave U.S. cities scrambling to balance safety, free speech Why I Changed My Mind About Confederate Monuments Thousands of counterprotesters descend on Boston to drown out right-wing 'free speech' rally Trump labels Boston protesters 'anti-police agitators,' then praises them for 'speaking out against bigotry and hate' Trump, Neo-Nazis and the Klan Trump's Blame-Shifting After Charlottesville Drives Cry for Censure Dems Want to Censure Trump Over Charlottesville, What Does That Mean?
(DBN)

White House lawyer predicts quick end to Mueller probe
(DBN)

Dems risk culture war fight in Charlottesville response
(DBN)

Two of Trump-linked oligarch’s companies file for bankruptcy
(DBN)

Trump's approval rating drops below 40% in key states that helped him win the election Rumors of Trump's demise are, once again, greatly exaggerated GOP Dodging Fallout from Charlottesville LA Times Board Rips into Trump and GOP
(DBN)

Schiff: Trump's conduct is 'anathema' but does not merit removal from office
(DBN)

No US president has ever revoked a national monument's status. Trump might be the first
(DBN)

Sen Blumenthal Suing Trump Over Emoluments, Appears to Be in ‘Violation’ Himself
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Autos:

Tesla’s junk bond issue is already trading underwater and investors aren’t happy
(DBN)

China's Great Wall Looks to Acquire Chrysler
(DBN)

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Nuclear:

Southern in talks on expanded U.S. guarantees to aid Vogtle
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UK:

U.K. Old Boys Club Fought by Courts Criticized for Lack of Women
(DBN)

Can foreign investors sue the UK over Brexit?
(DBN)

England, EU Clash Over Brexit Deal Timetable
(DBN)

Revealed: the number of Britons relying on credit to pay for unexpected living costs
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PIIGS:

One Female Cop Took Out Four Terrorists In Spain Spanish Terrorists Had Over 100 Gas Tanks Stored For A Massive Attack Photograph of the Barcelona attacker calmly walking away from the massacre he just caused Here's what we know about the victims of the Spanish terror attacks
(DBN)

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Canada:

Former Sears Canada CEO: Lampert 'quite possibly' backing latest takeover bid
(DBN)

BC thwarts American fund’s attempt to assert claim over assets of insolvent Canadian company
(DBN)

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India:

Record Defaults in India Worsen Nation's Bad Asset Pain
(DBN)

NCLT must treat homebuyers at par with banks: Assocham Insolvency covers 27 Jaypee projects NCLT's insolvency proceedings forces Jaypee to 'adjust' deals Insolvency resolution professional rules out refund possibility for home buyers in Jaypee case
(DBN)

Ghost towns: Unfinished concrete towers that give the impression of an abandoned town
(DBN)

Insolvency law aims at saving promoters not banishing them Arun Jaitley's Right, India's New Insolvency Laws Protect Business Assets, Not Destroy Them Bankruptcy code can help deepen bond markets, says Ajay Tyagi Bankruptcy law to boost investor confidence All-out war on bad loans should help prospects of banking stocks Will promoters block the path? Repay loans or lose ownership: Jaitley tells companies
(DBN)

Wait to judge effectiveness of mechanism on bad debts: Jaitley
(DBN)

RBI Guv calls for more capital to PSBs
(DBN)

FM inaugurates the National Conference on Insolvency and Bankruptcy
(DBN)

Jaitley pill for debtors
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Germany:

Lufthansa looks to attract Air Berlin employees - at the right price Lufthansa gets backing from Economy Minister in Air Berlin carve-up Sale of Air Berlin as a whole not possible - German deputy EconMin
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Venezuela:

Maduro Strips Venezuela's Parliament of Power
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Hong Kong:

Restructuring and insolvency specialist Mehigan leaves HWB to start own firm
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Australia:

Paladin Energy crashes, files for insolvency
(DBN)

Murdoch, Gordon bid for Ten but could be blocked by media laws
(DBN)

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Mozambique:

Mozambique and creditors struggle to reach agreement on debt
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China:

China's Debt Swaps Surpass $100 Billion
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