August 3, 2017

The Daily Bankruptcy News

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Law:

The associates at these 8 firms are better than all the rest, new report says
(DBN)

Big Law Associate Hiring Picked Up For Class of 2016 Law Grad Class Of 2016 Secured Fewest Private Practice Jobs Since 1996, But Employment Rose 1% Due To Reduced Class Size
(DBN)

Summer Law Jobs Broke the Mold
(DBN)

Hit or Miss: The Associate Salary Hike, One Year Later
(DBN)

How much do today’s law firm lawyers care about the “Partner” title?
(DBN)

Federal Judge OKs Partner's Bias Suit Over Big Law Mandatory Retirement Policy
(DBN)

DLA Piper bumps London NQ pay by 7% to £75,000
(DBN)

What’s Next After Getting Publicly Fired By Your Biglaw Firm?
(DBN)

Asian Americans Still Face Barriers In Legal Industry
(DBN)

Microsoft Announces Plans to Nearly Phase Out Billable Hour Behind Microsoft's Attack on the Billable Hour
(DBN)

Uh-Oh! Biglaw Firm Pares Down Its Summer Associate Program — One Week Before Interviews
(DBN)

Why It's a Good Thing That Williams and Connolly Isn't Merging With Quinn Emanuel
(DBN)

Departure Memo Of The Day: Chris Wray Bids Farewell To King & Spalding
(DBN)

Kerrie Campbell Launches Firm, Says Chadbourne Caused Transition Issues
(DBN)

DeVos Offers a Lifeline to For-Profit Law School That Hired Her Former Adviser
(DBN)

Baker McKenzie Chair on the Global Legal Economies
(DBN)

Who Are America’s Best-Paid General Counsel? (2017)
(DBN)

Employment rates for law school grads (and salaries) are up
(DBN)

ABA Center for Innovation unveils inaugural class of innovation fellows
(DBN)

My First Law School Roommate
(DBN)

Biglaw Mega Merger Between Quinn Emanuel and Williams & Connolly Not To Be
(DBN)

Education Department seeks to toss ABA suit, says loan forgiveness calls aren’t final for 10 years
(DBN)

'Lives have been cut short': Jeff Sessions gave an unexpected warning on police abuse
(DBN)

Be Proud Of Your ‘Mediocre’ Career
(DBN)

How Can I Prove That Client Data is Safe With Me?
(DBN)

Residents fuming over s**-crazed hotel guests
(DBN)

White Trump voters think they face more discrimination than blacks. The Trump administration is listening. Trump Expected to Take Aim at Affirmative Action in Universities How Trump's Attack on Affirmative Action Could Succeed Did The New York Times Overreact to a White House Job Posting?
(DBN)

Baltimore prosecutors drop dozens of cases after video appears to show cop planting evidence
(DBN)

John Kelly, Trump's new chief of staff, called AG Jeff Sessions to tell him his job is safe
(DBN)

Lawyer and businessman seek to trademark N-word variation to thwart racists
(DBN)

Law firm office manager accused of stealing $2.1M over nine years
(DBN)

Coal co.'s suit against John Oliver is "offensive to the very ideals of free speech" ACLU Files Snarkiest Legal Brief Ever Defending John Oliver
(DBN)

Attitudes towards the mainstream media take an unconstitutional turn
(DBN)

Swift justice for one of Queens’ slowest residents
(DBN)

Border Patrol Ordered to Block Congressmen, Lawyers During Travel Ban
(DBN)

NAACP issues its first statewide travel advisory, for Missouri
(DBN)

Chicago Police Issue Warrant To Arrest Northwestern Professor For Murder
(DBN)

Elderly homeless bank robber wanted to return to prison; Nevada judge obliges
(DBN)

Law student goes viral after posting creepy messages from landlord
(DBN)

This U.S. Citizen Got Really, Really Screwed By ICE
(DBN)

Trump Threatened to Sue After Role of President in Sharknado Went to Mark Cuban
(DBN)

Bankruptcy lawyer charged in drunken driving crash seeks reinstatement
(DBN)

An unhelpful Larry Page throws Uber's lawyers lots of shade during his deposition
(DBN)

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Judges:

Attorney who said he was shoved by judge expands suit to claim he's now been fired from 2 firms over it
(DBN)

Chemerinsky: Has any new justice made his ideology so clear as quickly as Gorsuch?
(DBN)

Concealed Carry Could Be Headed for the Supreme Court
(DBN)

Justice Scalia’s Partner In Writing
(DBN)

Judicial ethics commission immune from suit by ex-judge over her removal from the bench
(DBN)

Pennsylvania judge, attorney and constable charged with bribery scheme
(DBN)

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Wall Street:

Wall Street set to open lower after breaking 22,000; jobless claims in focus
(DBN)

Dow 22,000! Just three stocks have pushed the Dow over 22,000
(DBN)

The Real Reason Stocks Are Hitting Record Highs
(DBN)

Why Dow 22,000 is not good news for most Americans
(DBN)

Wall Street is booming despite Washington chaos
(DBN)

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Layoffs:

Booth Energy Announces 217 Layoffs
(DBN)

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Healthcare:

Loan buyers say JPMorgan Chase failed to disclose billing probe
(DBN)

3 Tools For Rewiring The Anxious Lawyer Brain
(DBN)

Americans Die Younger Despite Spending the Most on Health Care How life expectancy in U.S. counties compares to other countries
(DBN)

Financial Fragility, Medical Problems, and the Bankruptcy System
(DBN)

White House Increasingly at Odds With Republicans on Health Care GOP senators unfazed by Trump's threat to cut insurance subsidy Trump’s Last-Gasp Attack on Obamacare Is Wild Threats
(DBN)

Molina posts huge loss, will exit two states' ACA markets
(DBN)

It just became harder for Trump to blow up Obamacare
(DBN)

Most patients in U.S. have high praise for their health care providers
(DBN)

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Politics:

Trump blasts Russia sanctions bill he just signed into law as 'seriously flawed' Trump signs Russia sanctions bill despite ‘clearly unconstitutional provisions’ Trump ‘Weighed In’ on Son's Statement on Meeting Russian Lawyer Maybe It Really Was Collusion
(DBN)

Trump Is Considering Perry for Homeland Security Chief
(DBN)

Trump's approval rating just sank even further Rasmussen: Trump Approval Down To 38%... Lower than Obama received during his entire presidency Trump's Approval Ratings Are As Bad As You Think
(DBN)

In John Kelly's orderly White House, Trump is 'picking up his game' and 'rattling off stats' in meetings
(DBN)

Health Care Failure Takes a Political Toll on Trump, GOP Lawmakers
(DBN)

Kushner family's real-estate business reportedly subpoenaed by US Attorney Report: Kushner Cos. subpoenaed over visa-focused pitches to investors
(DBN)

Trump hits back at claim that he called the White House 'a real dump' Trump says he never called White House a 'dump'
(DBN)

Trump's pick for top science job called progressives 'race traitors'
(DBN)

Republicans Would Still Back Trump If He Ousted Attorney General
(DBN)

Dog the Bounty Hunter Hits the Campaign Trail
(DBN)

How Anthony Scaramucci misunderstood the hierarchy of swearing Inside the rise, fall, rebound, and spectacular flameout of Anthony Scaramucci Moochy's Nightmare May Not be Over
(DBN)

Newly Released Huma Abedin Emails Show Classified Info on Private Server, Possible Clinton Pay-to-Play
(DBN)

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Economy:

The Fed's about to try something that almost always has ended in recession
(DBN)

ADP Data on Company Hiring in Sync With Moderate U.S. Job Growth Manufacturing Loses Most Jobs Since Election As ADP Employment Growth Weakens ADP: Private Employment increased 178,000 in July
(DBN)

Is Gary Cohn a Good Pick to Head the Fed?
(DBN)

Struggling Americans Once Sought Greener Pastures—Now They’re Stuck
(DBN)

U.S. Job Creation Index Back at Record High in July
(DBN)

Trump, GOP senators unveil measure to dramatically cut legal immigration "Skill-based system", must speak English, support family Trump backs bill limiting legal immigration that favors skilled, well-educated English speakers One chart reveals everything that’s wrong with Donald Trump’s anti-immigrant outcry Trump supports immigration bill that could have negative impact on his own agenda It’s a ‘grave mistake’ for Trump to cut legal immigration in half Behind the White House immigration plan Trump touts point-based immigration system proposal, refugee limits Fact Check: Trump immigration pitch
(DBN)

Morgan Stanley: For an industry to be 'safe from Amazon' it must have one of these 5 traits
(DBN)

Fear of China’s retaliation hinders U.S. in trade dispute
(DBN)

Trump may be about to wallop global trade as we know it, but markets don't seem to understand Trump's big trade battle with China kicks off Friday
(DBN)

Trump Talks Tough on Trade, But Americans Keep Buying Chinese
(DBN)

In rare bipartisan display, Democrats back Trump on China trade probe

Treasury Secretary Mnuchin is angry about an unflattering nickname he wholeheartedly deserves
(DBN)

Why Republicans Are Going It Alone on Tax Cuts House Freedom Caucus chairman says if tax reform isn't passed by November, it isn't happening Freedom Caucus Chairman Insists on Corporate Tax Rate Below 20 Percent Those Complaining About Tax Reform Don’t Know Much About History Three Reasons Why the GOP Tax Reform Effort Could End in Tears
(DBN)

Top House Conservative Drops Debt-Ceiling Demands
(DBN)

How much money you need to earn to be in the top 1% at every age
(DBN)

Massive lines form outside Amazon job fair in struggling Illinois
(DBN)

Payouts, not capital requirements, to blame for fewer bank loans: FDIC vice chairman Bank stocks are flying high
(DBN)

Construction Spending Since 1993- Non-Residential, Public and Residential
(DBN)

Seattle is trying to tackle income inequality one local move at a time
(DBN)

The Foxconn $30Bn Claim May Not be True
(DBN)

Number Of Americans Renouncing Their U.S. Citizenship On Pace For All-Time High In 2017 (Up 14% From 2016)
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

Delinquencies Just Keep Declining
(DBN)

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

Secured Claims: MERS Strikes Again, Or Maybe Not
(DBN)

Selected Operating Statistics, Large Publicly-Traded Home Builders
(DBN)

The higher your degree, the more likely you are to buy a house
(DBN)

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Municipalities:

Oversight Board To Investigate Puerto Rico's Debt US control board to probe Puerto Rico debt, ties to crisis
(DBN)

PR: Municipalities Will Not Be Able to Join Bankruptcy, Trustee Denies Them Access
(DBN)

Action On Puerto Rican Bankruptcy Could Give Trump A Much Needed Win
(DBN)

Puerto Rico creditors ' committee fears being 'neutered'
(DBN)

County Judge Clarifies Commissioner’s Bankruptcy Remark
(DBN)

Half of Detroit’s 8 mayoral candidates are felons
(DBN)

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Oil/Gas:

Houston's Vanguard Natural Resources emerges from Ch. 11 bankruptcy
(DBN)

Oil edges higher after U.S. crude stocks fall Oil dips on high OPEC supplies, defying falling US crude stocks
(DBN)

A Bucket Of Water For Hot Shale
(DBN)

Pioneer's Oily Slip-Up
(DBN)

OPEC, Big Oil Thought They Had 50 Years. Not!
(DBN)

Shale Drillers Show Few Signs of Slowing as Profits Expand
(DBN)

Some countries aren't complying with OPEC and it could ruin oil's rally
(DBN)

West Texas Oilpatch Demands More Water
(DBN)

Philadelphia refiner, grappling with debt, says operations uninterrupted
(DBN)

Is Offshore Oilfield Services Financing on the Rebound? Two Recent Deals Worth $1B May be the Start
(DBN)

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Drones:

Sheon Karol Selected to Administer Liquidating Trust of Drone Company Lily Robotics
(DBN)

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Accounting:

U.S. audit watchdog fines PwC for flawed audit of Merrill Lynch brokerage PwC Settles Merrill Lynch Audit for $1 Million
(DBN)

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Pensions:

5% Is the New 8% for Pension Funds
(DBN)

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Nuclear:

Tab Swells to $25 Billion for Nuclear-Power Plant in Georgia
(DBN)

Legislators call for refunds from nuke project
(DBN)

Doomed nuclear project prompts overhaul of review process
(DBN)

Workers, lawmakers angry over nuclear plant debacle
(DBN)

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Food/Beverage:

TerraVia Announces Bankruptcy and Asset Sale Dutch ingredients firm bids to buy TerraVia from bankruptcy protection
(DBN)

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Autos:

GM's Bellwether Victory in NY May Not Predict Future of Ignition Switch Litigation
(DBN)

Tesla saw about 63,000 cancellations of Model 3 pre-orders
(DBN)

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Awards:

BK SD FL: Nominations Sought For First Annual Bankruptcy Chief Judge's Pro Bono Award
(DBN)

Benchmark Top 250 Women in Litigation 2017
(DBN)

Benchmark Under 40 Hotlist 2017
(DBN)

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Fraud:

‘London Whale’ has a new target: J.P. Morgan CEO Dimon
(DBN)

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Taxis:

Few business travelers now take a taxi
(DBN)

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Coal:

Sorry, Coal. Solar Is Where the Jobs Are
(DBN)

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Media:

The Least and Most Trusted News Sources in America
(DBN)

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Private Clubs:

Pittsburgh Athletic Association bankruptcy documents show iconic Oakland club overwhelmed by debts
(DBN)

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Radio:

iHeartMedia narrows second-quarter loss to $174 million
(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 (12 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (54 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:

NH: Decline in personal bankruptcy filings slows
(DBN)

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Litigation:

The New Paradigm: Predicting and Controlling the Total Cost of eDiscovery
(DBN)

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Reclamation:

Decisions by Third Circuit and Delaware Bankruptcy Court Clarify that “Receipt” under Section 503(b)(9) Requires Physical Possession
(DBN)

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Automatic Stay:

Tenth Circuit Strengthens Circuit Split —Supporting the Minority Position That Passive Retention of Property Does Not Violate the Automatic Stay in Bankruptcy
(DBN)

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Student Debt:

ED Cancels Student Loan Servicing Solicitation; Announces “Next Generation” Plan
(DBN)

This state has the most student loan debt
(DBN)

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Litigation:

Can Technology Redefine Litigation Itself? Stephen Kane Thinks So.
(DBN)

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Insurance:

Evergreen Health put into receivership
(DBN)

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Retailing:

Retail Moves Forward Amid Store Closures And Restructurings
(DBN)

Plans to Rethink America’s Malls Can’t Keep Up With Retail’s Collapse
(DBN)

The retail apocalypse is being fueled by private equity firms adding to debt loads
(DBN)

Court clears way for Payless bankruptcy plan
(DBN)

No bonuses for most retail executives as sales slump
(DBN)

Amazon's new refunds policy will 'crush' small businesses, outraged sellers say
(DBN)

Thousands line up to work for Amazon: ‘I just need a job’
(DBN)

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Brides:

Alfred Angelo: If you didn't get your bridal dress by now, it's not coming Alfred Angelo Bridal has $78M in debts, few assets, in bankruptcy After saying otherwise, Alfred Angelo won't deliver dresses after bankruptcy
(DBN)

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Banking:

Trump's Bank Regulators: More Swamp Creatures
(DBN)

Wells Fargo Gets Subpoenas Over Auto Loans
(DBN)

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Commodities:

Noble Group 'Sinking in Perfect Storm,' Says Foe After Trader Profit Warning
(DBN)

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Personal Finance:

How kids can wreck your financial security
(DBN)

What's stressing millennial women the most
(DBN)

Don’t go there: Parents should avoid these 3 student loan risks
(DBN)

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Movie Theaters:

AMC hits record low as unrelentingly poor box office continues to take a toll
(DBN)

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Resorts:

Owner of defunct 'Dirty Dancing' resort seeks clean-up help
(DBN)

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Travel:

Airplane passengers stuck on a tarmac for hours with no AC or water became so desperate they called 911
(DBN)

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UK:

U.K. Lawyers and Accountants Fund Most of Cost of Police With Taxes
(DBN)

Bank of England holds key rate at 0.25% in 6-2 vote; pound drops
(DBN)

UK will pay over £520 million to move European Medicines Agency out of London after Brexit
(DBN)

Britain is the legal hub of Europe — can it survive Brexit? Brexit fears overshadow UK's pole position as leading EU legal hub
(DBN)

This chart shows the British industries most dependent on the EU for exports
(DBN)

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PIIGS:

Seán Dunne found in contempt over failure to produce emails
(DBN)

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Canada:

Who Should Pick Up The Tab For Abandoned Oil Wells?
(DBN)

Just like Sears Canada: 30% of similar pension plans in Ont., Que. underfunded
(DBN)

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Venezuela:

Venezuela Is Like ... (Part I)
(DBN)

Venezuelan Default Fears Rise With Billions in Debt Coming Due Soon
(DBN)

It looks like the official vote total in Venezuela's controversial election was off by millions
(DBN)

To Venezuela, This Week’s Sanctions Are a Joke
(DBN)

EU declines to recognize Venezuela election but shies away from sanctions
(DBN)

40 Countries Protest Venezuela's New Gov't
(DBN)

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India:

Insolvency Board to pull up firms acting as resolution professionals to banks
(DBN)

‘No Scope For Essar Steel To Repay Its Debts For 25 Years,’ Says NCLT
(DBN)

Insolvency plea against Essar Steel admitted
(DBN)

Banks may need 20% extra provisioning for 50 top bad debts: Study
(DBN)

Crusade against bad loans to continue
(DBN)

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Ukraine:

Ukrinform: Insolvent banks’ assets worth Hr 644 million sold via ProZorro in July
(DBN)

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China:

China bankruptcies rise steadily in 2017 amid 'zombie firm' crackdown
(DBN)

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Brazil:

Brazil's Bom Jesus creditors approve reorganization plan -source
(DBN)

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Vietnam:

SOE restructuring must be more efficient: experts
(DBN)

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MENA:

Dana Gas Said to See Creditors Turn Debtors as Showdown Deepens
(DBN)

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South Africa:

South African Airways 'is on verge of bankruptcy '
(DBN)

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