July 12, 2017

The Daily Bankruptcy News

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Law:

Law Firm Leaders' Confidence Grows Despite Demand Jitters
(DBN)

Law Firm Merger Activity Abroad Highlights First Half Frenzy
(DBN)

Norton Rose Completes Eighth Deal in Seven Years; Now the Real Work Begins
(DBN)

'For Growth's Sake,' Enough Already
(DBN)

An Open Letter From 25 General Counsel
(DBN)

Megamillions Paycheck Puts Chris Wray, King & Spalding in the Spotlight Trump’s FBI director is among highest-paid law firm partners entering the administration
(DBN)

Trump’s FBI Pick Faces Questions on Independence Versus Loyalty
(DBN)

Client Sues Kasowitz Firm for Alleged Billing Fraud, Cites Work for Trump
(DBN)

Sexual Harassment Is Thriving in Big Law
(DBN)

Akin Gump, Ashurst boost pay for budding attorneys
(DBN)

Dentons promotes new insolvency partner in Madrid
(DBN)

The Official Report Of The Sexual Harassment Claims Against The Law School Dean Is Pretty Damning
(DBN)

Is Genocide A Good Enough Reason For These Law Schools To Change Their Names?
(DBN)

Charleston Law School's Unexpected Rebound
(DBN)

Morgan Lewis calls for fraud charges to be tossed out after government investigators access privileged document
(DBN)

Should Law Firms Still Use The Billable Hour?
(DBN)

Baker McKenzie snaps up former Linklaters' Global COO
(DBN)

Meet Donald Trump Jr.‘s new lawyer, Alan Futerfas
(DBN)

Trump's personal attorneys are reportedly fed up with Jared Kushner
(DBN)

Is This Why Some Women Lawyers Have Drinking Problems?
(DBN)

California Bar Examiners Stripped Of Authority To Determine Passing Score On State Bar Exam
(DBN)

7 email scripts you can use to say no to anyone about anything
(DBN)

Text messages read in court after the hazing death of a Penn State fraternity pledge declare 'We are f-----'
(DBN)

Drinking more coffee is associated with a longer life, according to new research
(DBN)

Twitter Users Blocked by President Trump File First Amendment Suit Can The President Block His Critics? Trump to NYT: "They want to take away my voice"
(DBN)

Bankruptcy Incompetence Leads To Consent Disbarment
(DBN)

Jealous lawyer drunkenly chased his girlfriend around in London’s posh Mayfair then spat in her face
(DBN)

11 Year Old Pulled Over for Speeding
(DBN)

Appeals court lifts $11K sanction against lawyer for telling reporter about upcoming trial
(DBN)

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Judges:

Lawyer says judge’s Facebook comment about being ‘tortured’ by trial lawyer was just a joke
(DBN)

Judge who got $10K anonymous cash gift seeks guidance on what to do with the money
(DBN)

Trump Begins Shifting Courts Rightward Just as Republicans Hoped
(DBN)

"Conspiring to have a judge killed is not the way to avoid being prosecuted."
(DBN)

Judge says she's sick and tired of sloppy briefs - including this one from Attorney General Jeff Sessions
(DBN)

President Trump's controversial conservatives vie for federal courts
(DBN)

Gorsuch 'More Conservative' Than Scalia in First Months
(DBN)

7th Circuit chief judge goes to war over … jurisdictional statements?
(DBN)

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Wall Street:

US stock futures in holding pattern as traders wait for Yellen
(DBN)

Energy companies lead stock indexes mostly higher
(DBN)

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Layoffs:

Layoffs at Fidelity Investments
(DBN)

Cook County to cut 1,100 jobs due to soda tax delay
(DBN)

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Politics:

Donald Trump Jr.'s emails detail 'Russia and its government’s support for Mr. Trump' Everyone's Wondering Why the Heck Donald Jr. Revealed Russia Emails The 'explosive' Donald Trump Jr. emails could torpedo Republicans' plans Russian lawyer says she was summoned to Trump Jr. meeting Why Donald Trump Jr. is Innocent. Period. Donald Trump Jr.'s Russia Meeting Creates More Legal Jeopardy Trump applauds Don Jr.'s "transparency" for releasing Russia emails How to Decode the Meeting Between Trump Jr. and the Russian Lawyer 'It Is Collusion': Watergate special prosecutor draws the line after Trump Jr.'s email revelation Untangling the web of Trump Jr.'s Russia meeting The Everybody-Does-It Defense of Collusion ‘Who’s trying to get Jared out of the way?’: Morning Joe hints Steve Bannon is leaking Don Jr bombshells Trump reportedly signed off on Trump Jr.'s initial response to bombshell Russia email story Trump Jr. denies telling his dad about meeting with Russian lawyer: 'There was nothing to tell' Did Donald Trump Jr. Break the Law? ‘They wanted it so badly’: Russian lawyer who met Trump Jr. says he was desperate for Clinton dirt Stocks slide after Donald Trump Jr. tweets Russia bombshell The life of Donald Trump Jr., who once lived out of a truck, didn't speak to his father for a year, and is now embroiled in a Russia scandal Trump Jr. reportedly knew Russia wanted to meddle when he met with a Russian lawyer during the campaign 'Donald Trump Jr. is an idiot': New York Post lays into Trump Jr. in scathing editorial Senate Judiciary chairman asks how Russian lawyer who met Trump Jr. entered US The Trumps Embraced a Russian Plot 'Lying is not a rookie mistake': Democrats condemn Trump Jr.'s emails about meeting for dirt on Clinton Donald Trump Jr.'s emails raise a big question about Jared Kushner and Paul Manafort The man who offered Donald Trump Jr. dirt on Clinton almost sent the information to Trump himself Inside the White House scramble on the Trump Jr. emails Details in Donald Trump Jr.'s emails align with parts of the explosive Trump-Russia dossier Kushner's Lawyers Found Don Jr.'s Emails Donald Trump Jr.'s Emails Vindicate the Intelligence Community Manafort Has Most Awesome Defense Ever for Trump Jr. Emails What If It's All True?
(DBN)

Russia is threatening to expel dozens of US diplomats
(DBN)

Schiff: We Have More Intel Than Public Knows
(DBN)

Trump Privately Rages
(DBN)

Timeline: All of the Denials of Colluding with Russia The Crumbling Wall: Notes on Collusion
(DBN)

Citi: Trump's 'risk of impeachment' is higher after the Donald Trump Jr. email bombshell
(DBN)

Trump's Defeated Defenders Can Only Whimper
(DBN)

WH Aides Omitted Details of Moscow Contacts
(DBN)

Pence distances himself from latest Russia bombshell, saying Trump Jr. meeting was 'before he joined the campaign'
(DBN)

U.S. Senate Republican leader delays Senate's August recess
(DBN)

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Personal Finance:

9 questions to ask in a job interview that make you look smart
(DBN)

This is the most regrettable college major in America
(DBN)

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Education:

Most in GOP Say Colleges Hurt America
(DBN)

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Aviation:

Dozens of American Airlines pilots face demotion, pay cut after losing contract dispute
(DBN)

Air Zimbabwe Cuts More Than a Third of Its Workforce
(DBN)

For Sale: One International Airline With $8 Billion of Debt
(DBN)

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Economy:

Cohn is Trump’s top candidate to replace Yellen at Fed
(DBN)

Yellen should sound determined to hike interest rates, shrink balance sheet
(DBN)

Republicans to press Yellen on Fed plans to reduce its outsized role in U.S. economy
(DBN)

Jamie Dimon says QE unwind could catch investors by surprise
(DBN)

Job Openings Decreased in May
(DBN)

Consumer credit jumps to seven-month high in May
(DBN)

I wouldn't rule out another financial crisis, says IMF’s Lagarde
(DBN)

Job Openings and Labor Turnover Survey Since 2001
(DBN)

Small Business Optimism Index declined in June
(DBN)

Dimon: Central bankers are facing an unprecedented and potentially 'disruptive' challenge
(DBN)

Indiana lost 5,000 manufacturing jobs under Trump
(DBN)

Freedom Caucus Fires First Volley in New Debt Ceiling Battle
(DBN)

‘They said I was going to work like a donkey. I was grateful.’
(DBN)

U.S. Banking Group Anticipates Modest Growth in Economy in 2018
(DBN)

The Rise and Fall of Working From Home
(DBN)

Trump & NAFTA and the Impact on US Corn
(DBN)

Auto Manufacturing Booming in Mexico
(DBN)

The G20 Is Obsolete
(DBN)

This is America's Top State for Business in 2017
(DBN)

Here’s the No. 1 problem with the so-called gig economy
(DBN)

House GOP Wants $1.6Bn for Border Wall
(DBN)

Pool of Negative-Yield Debt Shrinks Rapidly as Bond Market Turns
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

FDIC may revive three U.S. bank lawsuits over soured mortgage debt
(DBN)

San Diego office vacancy falls below 10 percent as demand outstrips supply
(DBN)

Wells Fargo beats Cincinnati appeal in public nuisance lawsuit
(DBN)

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Municipalities:

Illinois Second-to-Last in State Fiscal Health, Report Finds
(DBN)

Connecticut Capital Hartford Downgraded To Junk By S&P Another City Eyes Chapter Nine Hartford, Hit with Brunt of Connecticut Tax Hike, Hires Bankruptcy Attorney
(DBN)

The Puerto Rico oversight board must stand up to cronyism
(DBN)

Puerto Rico Government bankruptcy letters lead to confusion
(DBN)

Education cuts in Puerto Rico restructuring to hurt island - professors
(DBN)

Judge Swain issues rulings on Puerto Rico electric utility’s bankruptcy
(DBN)

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Electricity:

Warren Buffett gets competition for Oncor Hedge fund may try to upend Buffett's bid for Oncor Electric One Game Warren Buffett Doesn't Play: Chicken Here's What the Battle Between Warren Buffett and Paul Singer for Oncor Is Really About
(DBN)

Here's Why Warren Buffett Bought Oncor
(DBN)

Berkshire's Oncor Bid Is $300 Million Short, Elliott Management Says Elliott Management Makes Public Certain Additional Information Regarding Discussions with Energy Future
(DBN)

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Oil/Gas:

Oil Rises Despite Gloomy Outlook Oil extends gains after upbeat U.S. production data
(DBN)

US oil exports set to lengthen OPEC's struggle
(DBN)

Small Permian producers feel pinch of $45 oil
(DBN)

Goldman warns of oil below $40 without OPEC `shock and awe' Goldman: Oil Prices To Fall Below $40 If Shale Doesn’t Slow
(DBN)

Forget about oil rising above $50 this summer, Barclays says
(DBN)

BP CEO says he's not expecting big rise in oil price, says market balanced on a daily basis
(DBN)

Oil Under Pressure As Saudis Break Key Promise
(DBN)

Oil companies could double major project startups in 2017
(DBN)

Fears of looming oil shortage wildly overstated, Citi’s Morse says
(DBN)

Oil Majors Face Ratings Cuts Amid Weak Recovery, S&P Global Says
(DBN)

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Healthcare:

Eden's Morehead hospital files for bankruptcy protection Eden Hospital Files For Bankruptcy Morehead Hospital in Eden files for Chapter 11 bankruptcy protection North Carolina hospital files for bankruptcy Morehead Memorial Hospital CEO: Chapter 11 filing a 'courageous decision'
(DBN)

Republicans have 33 days to repeal and replace healthcare, and it looks like they won't make it Why Ted Cruz's Health Care Fix Can't Save the GOP's Bill Ted Cruz’s health-care plan works great unless you need health care What we know about the Senate health care bill Tax Cuts Taken Out of GOP's TrumpCare An architect of the GOP Senate health bill says a new version to appease both sides is coming
(DBN)

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Autos:

How tax rebates drive Tesla sales
(DBN)

SUV, Truck Sales Hit Record High
(DBN)

GM, Plaintiff Spar Over Causation in Opening of Bellwether Ignition Switch Trial
(DBN)

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Celebs:

Is Floyd Mayweather Bankrupt? Pleads IRS to Stall Payment and Waive Penalties
(DBN)

One-time Braves player made $53 million, filed for bankruptcy
(DBN)

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Tech:

Notes on Jawbone's massive failure
(DBN)

Apple's 'installed base' of iPhones has stopped growing 'Panic' as Apple works 'feverishly' to fix iPhone 8 bugs ahead of launch, report says
(DBN)

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Travel:

Air Canada Nearly Landed on 4 Airliners
(DBN)

JFK, LaGuardia, Newark airport employees declare strike, walk off in labor dispute
(DBN)

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Corporate Governance:

When Lawyers are CEOs, Good Things Happen (Most of the Time)
(DBN)

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Gambling:

Casino Control Commission approves Caesars bankruptcy plan
(DBN)

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New Bankruptcy Opinions
(7 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 (3 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:

Consumers' and Businesses' Bankruptcy Filings Increase in June
(DBN)

Indiana bankruptcy filings take downward turn
(DBN)

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Unfair Trade Practices:

Can Forcing a Company into Bankruptcy Be an Unfair or Deceptive Trade Practice?
(DBN)

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Exemptions:

Equity Does Not Permit Court to Fix Congress’ Mistake Nearly 40 Years Ago Regarding Exemptability of Personal Injury Awards
(DBN)

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Recoupment:

California Court Upholds Expansive Definition of Recoupment
(DBN)

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Litigation:

The Best And Worst States For Litigation Finance (Part II)
(DBN)

No Preliminary Injunction For You! The Latest On The Battle Between eDiscovery Providers
(DBN)

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Insurance:

Sixth Circuit’s holding that debtor in possession and liquidating trustee are one in the same for purposes of “insured-versus-insured” exclusion thwarts lawsuit against corporate debtor’s directors and officers
(DBN)

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Jurisdiction:

First Circuit: Bankruptcy Court “Retention of Jurisdiction” Provision Requires More Than Mere Words
(DBN)

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Mediation:

Seven Findings about “Successful Mediation” — from a Study of Mediation in International Relations
(DBN)

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Retailing:

The Possibility Of Bankruptcy Approaches For Sears Holdings
(DBN)

Here's how far Sears has fallen in 5 years
(DBN)

Retailers Tap Consultants to Wiggle Out of Mall Leases
(DBN)

Online shopping not forcing stores out of business, panelists say
(DBN)

Gymboree closing 350 stores after filing for bankruptcy The list: Gymboree names 350 closing stores
(DBN)

Abercrombie & Fitch: A Real And Distressed Valuation
(DBN)

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Solar:

Fears of a 'utility death spiral' could be slowly killing solar power
(DBN)

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Autos:

U.S. says 2.7 million additional Takata air bag inflators to be recalled Takata airbag recall: US authorities identify new problems in Ford, Nissan and Mazda vehicles
(DBN)

A Tesla challenger appears to give up
(DBN)

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Festivals:

Investors Hoping For Fyre Bankruptcy
(DBN)

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Exhibitions:

Bankrupt owner of Titanic artifacts seeks buyer, and director James Cameron may come to the rescue
(DBN)

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Food/Beverage:

Bankrupt meat distributor says Tony Roma license deal is still valid, can be assigned to buyer of its assets
(DBN)

Founding Families Buy Back Strack & Van Til
(DBN)

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Currency:

$12 billion wiped off value of bitcoin since record high 30 days ago as it floats near one-month low
(DBN)

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Fraud:

6-year campaign of lies that left friends and family in ruins gets fallen financier 3-year sentence
(DBN)

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UK:

The economic impact of Wimbledon, live sport and the feel good factor
(DBN)

U.K.’s credit rating may be cut if Brexit talks go badly
(DBN)

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EU:

EU adopts plan to tackle bad loans, could push up capital buffers
(DBN)

Post-crisis, US banks have recovered while their European peers are still looking for ways to survive
(DBN)

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Canada:

Simon files for bankruptcy
(DBN)

Canada Sure Seems to Be Betting on a Global Recovery
(DBN)

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India:

SBI not rushing towards bankruptcy code due to lack of ecosystem State Bank Of India: Insolvency resolution ecosystem is not ready yet, says SBI's Arundhati Bhattacharya
(DBN)

NCLT questions insolvency proceedings
(DBN)

Era Infra says insolvency process may clash with pending winding-up pleas
(DBN)

Bankruptcy proceedings to make the wallets of consultants fatter
(DBN)

You asked for it, so the Bankruptcy Code is here to stay
(DBN)

Essar Steel case hearing today, a litmus test for debt resolution via insolvency code HC adjourns StanChart appeal hearing in Essar Steel insolvency to next week Essar Steel: How Essar Steel's legal challenge can scupper government's boldest move on bad loans
(DBN)

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China:

You can literally buy defaulted corporate debt on China's Amazon
(DBN)

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Venezuela:

S&P cuts Venezuela debt ratings, sees risk of default
(DBN)

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