August 22, 2017

The Daily Bankruptcy News

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Law:

Law Firm Revenue Up in 2017, Survey Finds First Half Financials Surprise on Strength of Biggest, Most Profitable Firms
(DBN)

Law Firms, Legal Departments Predicted to Focus More on IT Risk
(DBN)

How Rich Are the Trump Administration's Top Lawyers?
(DBN)

Wilkinson Walsh Lures SCOTUS Clerks With $350K Bonuses, Hires in 3 Cities
(DBN)

Racial diversity is stagnating at US law firms
(DBN)

How 5 firms built more racially diverse ranks in 2016
(DBN)

How some firms are adding racial diversity to their equity tier, a sector that is 91% white overall
(DBN)

Teen goes to law school and aims for the presidency
(DBN)

Beware The Biglaw Lunch Interview: There Be Dragons
(DBN)

Let's Talk About Charlottesville and Lawyering in the Age of Trump
(DBN)

Minneapolis law firm fires attorney who ran neo-Nazi heavy metal record label
(DBN)

Obituary: Heather Heyer died on August 12th
(DBN)

How To Counter-Protest Safely And What To Do If You’re Arrested
(DBN)

In 'Especially Unpleasant and Nasty' Suit, Carlton Fields Client Must Pay $18.5M Legal Bill from Cooley
(DBN)

No, Brooklyn Law School, The Eclipse Is Not Racist
(DBN)

Ropes & Gray Lawyer Found Dead in Nantucket Surf
(DBN)

Judge guts damages theory in saga of ex-Greenberg Traurig attorney accused of forging and destroying documents
(DBN)

Kansas law firm alleges competitor engaged in false advertising
(DBN)

Female Trial Attorneys in U.K. Notch a Win for Equality
(DBN)

Don’t Be A Constanza
(DBN)

Increase Diversity In The Legal Profession By Ending All-Male Panels
(DBN)

Successfully Transitioning From Litigator To In-House
(DBN)

Securities class action filings reach high point; are weaker cases being brought?
(DBN)

Judge orders Montana congressman who assaulted a reporter to be formally booked on assault charge, months after his election
(DBN)

10 Things That Will Absolutely Piss Off Your Law Professor
(DBN)

The Artificial Narrative Of Artificial Intelligence
(DBN)

Process servers for Southern Poverty Law Center can’t find founder of neo-Nazi website
(DBN)

Here's where the most hate crimes occur in the US — it’s not where you think
(DBN)

Prosecutors overseeing fraud case against Texas AG were overpaid, appellate panel says
(DBN)

'You're Hot, Man!': Woman Arrested After Allegedly Groping, Hitting On Cop
(DBN)

Man with Short Haircut was Stabbed When Mistaken for Neo-Nazi
(DBN)

Bill Cosby is teaming up with the lawyer who helped get Michael Jackson acquitted
(DBN)

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Judges:

Gunman killed after shooting county judge in Ohio Judge is shot outside courthouse; he and a probation officer fired back at the suspect Man who shot an Ohio judge was the father of a high school football player convicted of rape
(DBN)

Conservative groups to launch push for Trump judicial nominees
(DBN)

Platinum Partners Lawyers Learn That Judges Are Actually Kind Of Touchy About Witness Intimidation
(DBN)

Does Gorsuch speech at Trump hotel raise ethics concerns?
(DBN)

Federal Judge Denies Witness Chance To See Total Eclipse Quoting 'You're So Vain,' Judge Declines to Postpone Trial for Eclipse
(DBN)

Not Even Women Judges Are Treated Equally
(DBN)

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Wall Street:

US stock futures point to higher open as risk-off sentiment recedes
(DBN)

U.S. stocks close mostly high Dow, S&P 500 finish higher; Nasdaq ends in the red
(DBN)

Markets Are Losing Their Patience With Trump
(DBN)

U.S. stock valuations haven’t been this extreme since 1929 and 2000
(DBN)

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Layoffs:

Macy's cuts 100 jobs amid management shake-up
(DBN)

Fortis Management expects to eliminate 250 jobs
(DBN)

Sunoco to dismiss 94 employees at its former Delco HQ
(DBN)

Cheddar's closing HQ, laying off 69 workers
(DBN)

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Retailing:

Amazon is about to claim a new victim in the retail apocalypse
(DBN)

Macy's to restructure merchandising unit, cut 100 jobs
(DBN)

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Politics:

Trump and his family have already depleted the Secret Service's funds because of their frequent travel Secret Service ‘at the end of their rope’ after being ‘treated like servants by Trump’: report Trump’s clubs charge $60,000 to rent golf carts to Secret Service as agency runs out of money Trump's Next Bankruptcy Crisis . . . the Secret Service? Secret Service director cleans up comments on Trump travel demands
(DBN)

Top Republican senator: 'It's too difficult to say' whether Trump will be 2020 nominee
(DBN)

White House Aides: We Stay to Shut Down the Crazy New Polls Don't Bode Well for the President Trump: Fake News Media Out of Control GOP Lawmakers' Support for Trump Tumbles This President Can't Be the Healer-in-Chief
(DBN)

'Most news is not fake': Mitch McConnell rejects one of Trump's favorite claims McConnell Getting Killed in Kentucky Polling
(DBN)

Steve Bannon wants to launch a right-wing network to compete with Fox News
(DBN)

9% of Americans think it's OK to hold white supremacist or neo-Nazi views: poll Houston man charged with trying to plant bomb at Confederate statue The Confederate monuments that have already come down Texas university removes 'white supremacy' statues from campus A Texas university took down several Confederate statues overnight and state leaders have mixed feelings about it Actually Getting Rid of Robert E. Lee Can Be More Difficult Than You’d Think White Supremacy and Orthodox Christianity: A Dangerous Connection Rears Its Head in Charlottesville How to Repurpose a Bad Statue Nationalist Cantwell Braces for Charges Trump Today: President thanks Jerry Falwell Jr. for defending Charlottesville comments Trump's response to Charlottesville just got brutal reviews Growing Up in the Shadow of the Confederacy Democrats risk overreaching in their attacks on Trump, Confederate memorials Poll: Majority Of Americans Oppose Removal Of Confederate Statues Daughters of Confederacy 'Reeling' From Memorial Removals 'He messed up ... it was wrong': Paul Ryan nails Trump over response to Charlottesville
(DBN)

Trump looked at the solar eclipse without glasses despite a shouted warning from an aide The President Who Looked at the Sun
(DBN)

How Big is Bannon's Wing of the GOP
(DBN)

The Republican majorities in Congress gambled they could ignore Trump's misdeeds, and still get him to sign their bills—but it’s not working out as they expected
(DBN)

Trump shifts on Afghanistan, to send in more troops Trump: My instinct was to pull out of Afghanistan — here's why I changed my mind Trump's Afghanistan Plan: No Timeline for Exit Trump pledges to 'handily' defeat terrorism in Afghanistan, says he won't reveal troop numbers Donald Trump's Afghanistan address, fact-checked Trump's years of tweets calling for U.S. to leave Afghanistan Cost to Taxpayers of the 16 Year Afghan War? Maybe Trillions
(DBN)

Countries that lack confidence in Trump
(DBN)

Don Jr. Meeting Just Got More Suspicious
(DBN)

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Economy:

Chicago Fed "Index Points to Growth near Historical Trend in July"
(DBN)

What some expect from Jackson Hole, the ‘meeting of the minds’ of Fed policy
(DBN)

The Unintended Consequences of Quantitative Easing
(DBN)

The Next Fed Chair Won't Really Control the Fed
(DBN)

Gary Cohn Contemplates His Future
(DBN)

Mnuchin rejects calls to resign and defends Trump
(DBN)

Ray Dalio: US most divided socially and economically since 1937
(DBN)

Fed's Big Bond Unwind May Clobber U.S. Stocks, Corporate Debt
(DBN)

'Deep divisions across our country': Here's the memo that just went out to JPMorgan staff
(DBN)

Krugman: What Will Trump Do to American Workers?
(DBN)

Can a Decades-Old Immigration Proposal Pass Under Trump?
(DBN)

McConnell: 'Zero chance' won't raise debt ceiling
(DBN)

As Trump Announces Afghanistan Strategy, Here’s What the War Has Cost
(DBN)

Trump’s Proposed Budget Cuts Inspire a Monthly Fast in Protest
(DBN)

Billionaire Trump Adviser: CEOs were wrong to abandon the president Even business leaders who abandoned Trump’s councils may not stray far
(DBN)

Can Trump Save Those Living in Despair?
(DBN)

Warren Buffett Can't Keep Coming Up Empty-Handed
(DBN)

Millennials are actually happy in their jobs — workers over 35, not so much
(DBN)

There is one big silver lining that comes with Trump's troubles: Tax cut odds may be going UP Paul Ryan: tax reform "far easier" than health care
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

Existing Home Sales: Take the Under on Thursday
(DBN)

"Mortgage Rates Steady at 2017 Lows"
(DBN)

NY: Landlord trying to evict tenant for hanging Confederate flags in windows
(DBN)

These are the top 10 least affordable rental markets
(DBN)

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Municipalities:

Puerto Rico's Bondholders Struggle For A Seat At The Bankruptcy Negotiation Table
(DBN)

U.S. Multinationals in Puerto Rico and the Repeal of Section 936 Tax Exemption for U.S. Corporations
(DBN)

Counting Munis as Liquid Even If Markets Are Dry
(DBN)

S&P downgrades Muncie Community Schools' bond rating
(DBN)

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Oil/Gas:

Oil prices rebound ahead of U.S. supply data
(DBN)

The Latest Red Flag For U.S. Shale The Latest Red Flag For U.S. Shale
(DBN)

Chesapeake Energy: Bankruptcy Is Still A Long Way Away
(DBN)

Canadian oil sands producers: Heady days may not last long
(DBN)

Gasoline prices begin to fall
(DBN)

Libya’s Biggest Oil Field Shut Down As Tensions Rise
(DBN)

In Breakaway Move From Saudis, Iraq May Change Oil Pricing Oil Holds Steady As OPEC Meets To Talk Slipping Compliance
(DBN)

Oil Firms Fear Trump Regulatory Rollback
(DBN)

Oil company sues over Alaska's beleaguered cash-for-credits program
(DBN)

The Next Oil Price Spike May Cripple The Industry
(DBN)

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Healthcare:

How a critical access hospital bounced back from the brink of bankruptcy
(DBN)

Sander's Medicare for All Would be a Disaster
(DBN)

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Coal:

Coal Trading at Cheap Cost in Distressed Universe: Schultze
(DBN)

Interior halts study on health risks of mountaintop coal mining
(DBN)

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Media:

Media Companies Just Got More Bad News in Gawker Bankruptcy
(DBN)

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Hotels:

IN: Bankruptcy auction set for southside motel
(DBN)

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Celebs:

3 Money Lessons From Pro Athletes Who Went Broke
(DBN)

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Credit Reporting:

Déjà Vu All Over Again: The Ninth Circuit Finds Concrete Injury in Spokeo Remand
(DBN)

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Banking:

CFPB report details who gets hit by overdraft fees
(DBN)

Department of Justice ends Operation Choke Point
(DBN)

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Finance:

Profit warning, CEO gone, shares in freefall: Subprime lender Provident Financial is in crisis
(DBN)

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Personal Finance:

5 secret hacks for scoring a sick apartment on the cheap
(DBN)

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Energy Storage:

What led to Concord battery manufacturer Alevo's demise
(DBN)

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Fraud:

Shkreli's Ex-Lawyer Faces 'Kafkaesque' Trial, Defense Attorneys Say
(DBN)

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Newspapers:

$1 million loan approved to keep ADN afloat Judge approves crucial loan to keep Alaska Dispatch News operating through bankruptcy
(DBN)

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Solar:

Why the US Solar Industry Doesn't Want Government Protection
(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 (14 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 Statistics:

Ch. 11 Cases By Sector During Last 90 Days Busiest BK District Over Last 90 Days
(DBN)

Weekly Bankruptcy Claims Trading Activity
(DBN)

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Ch. 13:

BK MD FL: Tampa and Ft. Meyers Division Increase CH. 13 No Look Fee and Abolish Use Of "Additional Fees"
(DBN)

BK CD IL: Proposed Chapter 13 Plan Available for Review and Comment
(DBN)

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Trusts:

Sentinel Management – The Seventh Circuit Sides With Trust Beneficiaries
(DBN)

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Litigation:

Taylor Swift’s Lawyer On Effective Trial Strategy For Celebrity Clients
(DBN)

How O'Melveny Is Creating an Operational Roadmap for Its Litigators
(DBN)

Federal Class-Action Securities Cases Since 2006
(DBN)

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Electricity:

Sempra and Oncor agree merger
(DBN)

?Sempra Energy exec on Oncor bid: 'Fourth time's a charm'
(DBN)

Fine Print in Sempra's Energy Deal Bears a Close Examination
(DBN)

Texas Regulators Will Be First Test for Sempra's $9.45 Billion Oncor Deal
(DBN)

California utility Sempra wants to buy Texas energy giant Oncor; tops Berkshire bid
(DBN)

Oncor Is Buffett's Latest Dealmaking Flop Buffett is a two-time loser in Texas energy bid
(DBN)

FirstEnergy Solutions downgraded on bankruptcy expectation
(DBN)

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Student Debt:

Court Rejects “Certainty of Hopelessness” and Limits Repayment Period
(DBN)

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Pensions:

10 Things to Know About One of Biggest Pension Failures in RI - St. Joseph Bankruptcy
(DBN)

Workers Fear Changes to Texas Pension Funds
(DBN)

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Non-Profits:

Leavitt: Oshkosh Foundation bankruptcy shouldn't impact scholarships A primer on Chapter 11 bankruptcy: What does it mean for the UW-Oshkosh Foundation?
(DBN)

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Mass Torts:

Johnson & Johnson Loses $417 Talc Lawsuit
(DBN)

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Education:

In these states, private elementary school can cost more than most colleges
(DBN)

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Autos:

JPMorgan thinks the electric vehicle revolution will create a lot of losers
(DBN)

Ford to offer incentives to scrap older cars
(DBN)

Audi Engineer Implicates Superiors in Diesel Case, Lawyer Says
(DBN)

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Travel:

33 injured in suburban Philadelphia train crash The Associated Press 1 Hour Ago
(DBN)

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UK:

EU could retain fishing rights in UK waters after Brexit
(DBN)

Brexit Bulletin: ‘Confused and Puzzled’
(DBN)

Theresa May climb downs from her Brexit red-line on European judges
(DBN)

Former top Lloyds executives are suing the lender over unpaid bonuses
(DBN)

Creditor claims top £5m at home furnishings retailer
(DBN)

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EU:

Emmanuel Macron wants to re-shape Europe
(DBN)

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Canada:

Boys and Girls Club face funding shortfall as financially troubled Sears bows out
(DBN)

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India:

Essar Oil completes $13 billion sale to Rosneft in largest FDI deal Mega Essar-Rosneft deal cheers lenders, boosts company
(DBN)

Jaypee homebuyers may get 'client' tag cover in insolvency case
(DBN)

NCLT mulls taking insolvency petition against Era Infra to larger bench
(DBN)

Three Amrapali Group companies could face insolvency under IBC
(DBN)

NCLT is finding it tough to get qualified judges for insolvency cases
(DBN)

Jaitley unsure about the effectiveness of new NPA resolution mechanism
(DBN)

Its CEO quit, then investors hammered one of India's largest companies — it may get worse
(DBN)

Banks get 3% of loans repaid from Essar Oil deal; Essar Steel debt still in limbo
(DBN)

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Ukraine:

Deposit Guarantee Fund this week intends to sell insolvent banks' assets worth UAH 25.6 bln
(DBN)

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Germany:

Germany has no preferred bidder for Air Berlin assets- econmin Critical Ryanair on the sideline as Air Berlin bids pour in Lufthansa set to add more US routes with Air Berlin swoop German tycoon Hans Rudolf Wöhrl joins suitors' queue for Air Berlin Rivals line up to fight for Air Berlin assets O'Leary's wings clipped by German carve-up Seeking a Speedy Breakup
(DBN)

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China:

China, like US, struggles to revive industrial heartland
(DBN)

China has more room to tackle debt - if it wants to
(DBN)

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