July 17, 2017

The Daily Bankruptcy News

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Law:

General counsel will share data on their law firms; is it cause for BigLaw concern?
(DBN)

My Strangest Day(s) In Court: The Life Partners Bankruptcy
(DBN)

Biglaw Remains Painfully Stagnant, So What Can Law Firms Do?
(DBN)

The Dangers Of Hot Covfefe
(DBN)

What Is Behind The Sharp Spike In LSAT Takers?
(DBN)

Racist Pasts of Boalt Hall and Hastings' Namesakes Haunt Law Schools
(DBN)

From Gibson Dunn to Vermont Law School
(DBN)

The Great Law Firm Cleavage Debate
(DBN)

What's Ahead in Litigation Finance?
(DBN)

Timeline For A Lateral Associate Move And The Offer & Acceptance Process: Interviews (Part I)
(DBN)

Meet the lawyers defending Donald Trump's inner circle All the president's men's lawyers: who are Trumpworld's leading attorneys?
(DBN)

Marc Kasowitz Writes Angry Emails And Everyone Completely Overreacts
(DBN)

How Marc Kasowitz's Law Firm Does Business (Podcast)
(DBN)

The Russian Attorney at the Center of the Trump Jr. Scandal
(DBN)

A Shake-Up on the Trump Legal Teams
(DBN)

Justice Department will appeal Hawaii court decision that limited the scope of Trump's travel ban Hawaii Strikes Down The Grandma Ban Trump administration plans to ask Supreme Court to block latest travel ban ruling
(DBN)

780,000 Dreamers May be Deported
(DBN)

Constitutional Professor: Trump Will Resign
(DBN)

Kwame Kilpatrick says in court filing that he tried to physically harm his defense lawyer
(DBN)

Fugitive lawyer sentenced to 12 years in absentia for role in $550 million Social Security scam
(DBN)

Lawyer who says he was framed receives $285K settlement in wrongful arrest case
(DBN)

Attorney accused of stealing n--- pictures of House Democrat and posting them online
(DBN)

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Judges:

Did This Judge’s Tweeting Constitute Reversible Error?
(DBN)

Notice of Vacancy - Clerk of Court, U.S. Bankruptcy Court, Western District of Virginia
(DBN)

Among Trump's latest judicial picks: Alston & Ogletree attorneys, four sitting judges
(DBN)

Attorney gets 5-year retroactive suspension for bribing judge with use of a beach house
(DBN)

Federal court's agenda has topics that draw Trump's ire
(DBN)

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Wall Street:

U.S. stock futures hold steady as investors get ready for big earnings week
(DBN)

Dow, S&P 500 hit record high closes
(DBN)

Traders are the most confident since the early days of the financial crisis — and that's a huge red flag
(DBN)

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Banking:

Wells Fargo shares slammed as earnings report disappoints
(DBN)

JPMorgan smashes Wall Street estimates, but shares decline on outlook
(DBN)

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Politics:

There was an ex-Soviet counterintelligence officer in the Donald Trump Jr meeting: NBC The Trump Family's Explanations Are Straining Credulity to Its Breaking Point A Soviet military officer-turned-lobbyist attended the Donald Trump Jr. meeting — and 'there is only one person who fits that profile' There may now be a way to get an 'independent account' of Trump Jr.'s meeting with Russian lobbyists Trump Backed Off Putin to Avoid a ‘Fistfight,’ He Jokes The Russian lawyer Trump Jr. and Kushner met with in 2016 was also in regular contact with top Russian prosecutor A Russian-American lobbyist says Russian lawyer presented documents to Trump Jr. in the meeting Here's why Donald Trump Jr.'s biggest supporters stick with him, despite the Russia email scandal Democrats looking for more info about Russian attorney's role in $230 million tax fraud scheme No One Else Would Take the Russian Meeting Did Donald Trump Jr. Provide the Smoking Gun? Trump slams 'fraudulent reporting' and 'fake news' amid Russia firestorm Anchors grill Trump's lawyer in blistering interviews over Trump Jr.'s meeting with a Russian lawyer The Shady Dirt Diggers at the Heart of the Trump-Russia Scandal Trump lawyer: Trump Jr. meeting with Russians wasn't 'nefarious' because the Secret Service let them in Trump's lawyer let something slip about the Russia meeting that raises questions about whether Trump attended Secret Service Rejects Statement They Vetted Trump Jr.'s Meeting
(DBN)

Trump's six-month approval rating plummets to a record low Trump lashes out as new poll finds record low approval rating
(DBN)

Trump’s base is sticking with him, new poll finds Is There a Tipping Point for Trump Supporters?
(DBN)

'Why is it lie after lie after lie?': Fox News anchor goes off on Trump administration
(DBN)

Former Obama official: We never needed lawyers 'just thought I'd point that out'
(DBN)

What’s Broken—and What’s Still Working—in American Politics
(DBN)

WH Releases Sensitive Personal Info on Voters Voters Blast Trump Election Fraud Panel Bipartisan Group That Shares Voter Data Shames Trump Panel
(DBN)

How Slick Willie and Bushy Boy Became BFFs
(DBN)

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History:

End Times for the American Republic?
(DBN)

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Healthcare:

'We are not closing': Morehead Memorial's struggle is felt by Eden, too
(DBN)

G.O.P.’s New Health Measure Faces Skeptical Senators GOP senator who confusingly complained about health bill now confusingly supports it GOP Health Plan Hits Another Wall and McConnell Once Again Postpones a Vote GOP Sen. Lindsay Graham has come up with his own version of the Republican healthcare bill GOP revised health bill in Senate includes 'skimpy plans' Scramble to Take Health Care from Millions Experts say the new version of the Senate healthcare bill will be bad news for the old, poor, and sick The Republican healthcare bill is likely to receive a devastating assessment from the CBO McConnell Infuriates Some Conservatives by Preserving Two Big Obamacare Taxes Senate Health Bill Frays Republicans Insurers Oppose Cruz Amendment to Republican Health-Care Bill Cruz provision in Republican health bill 'unworkable in any form', insurers warn GOP Using State Payoffs to Get Votes to Kill Obamacare The Cruz Plan Would Splinter Health Insurance Markets Insurers, Governors Both Hate GOP Health Care Bill John McCain's recovery from surgery has doomed the healthcare bill for now One more Republican defection would doom Senate healthcare bill Eight to 10 Republicans have concerns on health-care bill: Sen. Collins Paul: I don't think McConnell has votes to pass healthcare bill now
(DBN)

Here's where people on Main Street give Trump a 76% approval rating
(DBN)

Doctors Tell All—and It’s Bad
(DBN)

What's Actually Wrong With the U.S. Health System
(DBN)

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Agriculture:

Drought in High Plains the worst some farmers have ever seen
(DBN)

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Festivals:

Anatomy of a music festival’s death
(DBN)

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Event Centers:

PVEC bankruptcy moving forward after hearing in Phoenix
(DBN)

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Radio:

KPFT, always in turmoil, in turmoil again
(DBN)

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Taxis:

Uber, Lyft take down not just cab drivers, but also lenders
(DBN)

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Telecoms:

Sprint's Desperate Ways, Part II
(DBN)

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Retailing:

Don't Look in Dustbin for Retail Stocks
(DBN)

Will the death of US retail be the next big short?
(DBN)

5 Mall-Based Retailers with the Absolute Worst Customer Loyalty
(DBN)

Blackstone warns of internet impact on US malls
(DBN)

How Best Buy rebounded to avoid becoming another retail casualty
(DBN)

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Student Debt:

Mounting Student Loan Debt Mobilizing Bankruptcy Courts
(DBN)

Rising student debt locking out U.S. millennials from home ownership: Fed
(DBN)

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Economy:

US consumer prices were unexpectedly unchanged in June
(DBN)

The Fed just edged a step closer to recognizing a a major policy misstep
(DBN)

The Fed's Notion of Normalcy Is Hardly Normal
(DBN)

Americans Are Cutting Back on Spending
(DBN)

The Fed’s plan to shrink its $4.5 trillion balance sheet leaves open 2 crucial issues Low CPI Could Alter Fed's Balance-Sheet Plans
(DBN)

Bond Traders Worry Trump May Use Obama's Secret Debt Plan
(DBN)

Some in Washington are not invested in achieving 3% growth, claims Budget Director Mulvaney
(DBN)

Dimon Calls Out Washington's 'Stupid S---' Jamie Dimon Goes Off: The J.P. Morgan CEO savages Washington's anti-growth culture J.P. Morgan's Dimon says 'bad policies' stalling U.S. economic growth Dimon: It's embarrassing to travel the world as an American citizen
(DBN)

Why 'MAGAnomics' Isn't Likely To Work
(DBN)

Why Americans are Putting Off Retirement Here's why retiring at 65 is becoming more of a luxury than a mandate for some seniors
(DBN)

Trump’s Budget Falls Far Short of Pledge to Wipe Out the Deficit: CBO
(DBN)

Monthly Federal Spending Tops $400B for First Time
(DBN)

US retail sales drop 0.2% in June vs 0.1% increase expected
(DBN)

Consumers rack up $1 trillion in credit card debt
(DBN)

Only .1 percent of US minimum-wage workers live in a 1-bedroom they can afford
(DBN)

A solution to job-stealing robots is staring us right in the face
(DBN)

Report: 2 Social Security trust funds could be depleted in 17 years
(DBN)

NAFTA Talks Expected Next Month
(DBN)

Steel Tariffs Could Hurt US Auto Production
(DBN)

Trump's Disastrous Thinking on Trade
(DBN)

Low Paid Workers Getting Raises in 44 States
(DBN)

So Many Critics of Economics Miss What It Gets Right
(DBN)

Companies have forgotten how to pay workers fairly — and workers have forgotten what they deserve
(DBN)

Trump administration reportedly learns lesson from health care, preps polished effort for tax reform
(DBN)

What Milton Friedman Got Right, and Wrong, 50 Years Ago
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

Bankruptcy Court Concludes that a Lawful and Non-Collusive Foreclosure Sale Is Not a Preference
(DBN)

Red-Tagged Home On Edge Of Landslide On Market For $850,000
(DBN)

America’s largest cities are so expensive that some millennials are crowdfunding their homes
(DBN)

Palm Beach: Bankruptcy filing halts foreclosure auction of Bob Matthews’ mansion
(DBN)

Puerto Rican mortgages: Deeply distressed and suddenly in demand
(DBN)

Buyer makes $220 million offer for closed Revel
(DBN)

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

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Municipalities:

Big Money Is Buying Up Puerto Rico’s Risky Real Estate
(DBN)

Puerto Rico board approves liquidation of Government Development Bank Puerto Rico Board Approves Development Bank's Restructuring Deal
(DBN)

After Congress steps in, Puerto Rico reignites statehood debate
(DBN)

Puerto Rico's Oversight Board Makes an Error
(DBN)

Puerto Rico's New Opportunities
(DBN)

Exodus From a Historic Puerto Rican Town, With No End in Sight
(DBN)

Hope you didn't invest in Puerto Rican tax bonds
(DBN)

PROMESA and Puerto Rico's political future
(DBN)

Puerto Rico economic crisis hits island’s only zoo
(DBN)

Politics have led Illinois into financial ruin
(DBN)

The 'Illinois Is Not Puerto Rico ' Fallacy
(DBN)

Hartford situation is a warning for the state
(DBN)

Barbershop Detroit: Life in 'Motown' after Bankruptcy
(DBN)

It could be a long, hot summer for these cash strapped states fighting through budget problems
(DBN)

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Oil/Gas:

Aramco's Odd Response to a Future Oil Shortage
(DBN)

At deadline, Alaska Legislature cuts oil subsidies to help budget
(DBN)

Oil's weekly advance leaves OPEC with meager gains from cuts
(DBN)

Are Deeper Cuts OPEC’s Only Option?
(DBN)

Milbank Advises DNB Bank in Connection with Tidewater’s Prepackaged Restructuring
(DBN)

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Food/Beverage:

Here's why restaurants are in their worst slump since 2009
(DBN)

Bankrupt Brazil partner sinks CHS earnings for quarter
(DBN)

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Aviation:

Airline CEO predicts a future where 'we will pay you to fly'
(DBN)

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Banking:

JPMorgan beats estimates on Fed rate hikes, loan growth
(DBN)

Loan growth, better spreads fail to impress US bank investors
(DBN)

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Marijuana:

High Returns: Colorado Pot Sales Over $100 Million a Month Is 'the New Norm'
(DBN)

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Education:

Defunct Missouri academy can't pay faculty
(DBN)

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Tech:

SoundCloud's CEO is trying to stop rumors it's shutting down
(DBN)

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Celebs:

Dance Moms star 'humiliated' in jail
(DBN)

50 Cent fires back at Conor McGregor over bankruptcy taunt
(DBN)

Pamela Anderson's vegan restaurant business partner faces insolvency proceedings
(DBN)

Boris Becker 'lost his £100m fortune investing in Nigerian oil firms that plunged in value'
(DBN)

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Advisors:

Industry Veterans Launch Caissa Capital, An International Restructuring Firm
(DBN)

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Corporate Reform:

CFPB’s New Arbitration Rule and How It’ll Likely Be Challenged
(DBN)

______________

Aerospace:

Another New Space Company Bites the Dust
(DBN)

______________

Electricity:

If Warren Buffett's billions meet Oncor's wish list, here's how Texas stands to gain
(DBN)

______________

Travel:

Delta fires back at Ann Coulter after she rages on Twitter about seat reassignment Ann Coulter throws two-day Twitter tantrum against Delta
(DBN)

Plane evacuated after passenger 'passes gas'... Nausea, headaches...
(DBN)

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New Bankruptcy Opinions
(14 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (30 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (74 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:

YTD Comparison of Top 3 States Business Ch. 11 Filings
(DBN)

Distressed debt & bankruptcy league table H1 17
(DBN)

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Corporate Governance:

Independent Director Tacitly OKs Bankruptcy by Silent Ratification
(DBN)

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Bankruptcy Rules:

BK SD CA Seeks Comments On Local Rule Changes
(DBN)

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Ch. 13:

BK CD IL Seeks Comments On Proposed Ch. 13 Plan
(DBN)

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Awards:

Leonard H. Gilbert Receives Founder?s Award from International Insolvency Institute
(DBN)

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Jurisdiction:

6th Cir. BAP Holds BK Court Lacked Jurisdiction to Void Mortgage Lien Signed Before but Recorded During Bankruptcy
(DBN)

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Reclamation:

Goods Must be Physically Received to Create Priority Claim
(DBN)

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Automatic Stay:

Collecting Restitution Didn’t Violate Bankruptcy Stay
(DBN)

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Personal Finance:

Scraping by on a $100,000+ income
(DBN)

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Brides:

A bridal chain closes, and scrambling ensues Alfred Angelo Closes, Files For Bankruptcy , Panicking Brides Bankrupt Bridal company wishes customers "much success" 'Horrifying': Brides panicked after popular gown supplier files for bankruptcy 'Truly Devastating.' Brides-to-Be Say They're Scrambling After Alfred Angelo's Abrupt Closing Alfred Angelo issues statement after filing for bankruptcy Who can brides call for help after Alfred Angelo shut down? This Miami lawyer
(DBN)

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Toll Roads:

TX toll road P3 out of bankruptcy with new owners Texas Toll Road Bankruptcy Costs Taxpayers
(DBN)

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Autos:

Takata asks bankruptcy judge to halt air bag lawsuits
(DBN)

Carmakers using Takata bankruptcy to limit liability in faulty airbag case
(DBN)

Takata bankruptcy sets a precedent by giving plaintiffs a seat
(DBN)

A financial-crisis-style crash in auto sales is descending on Houston
(DBN)

Faltering auto sales makes this a great summer to buy a car
(DBN)

New U.S. Subprime Boom, Same Old Sins: Auto Defaults Are Soaring
(DBN)

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UK:

Will Brexit kill Schemes of Arrangement?
(DBN)

British businesses are 'aghast' at the government's approach to their Brexit needs
(DBN)

Support for a second referendum to prevent Brexit is surging
(DBN)

Brexit and the Tipping Point
(DBN)

Brexit talks resume in Brussels with 20 months to go This is where Brexit talks stand as the second round begins
(DBN)

Brexit could cause food disruption 'unprecedented for an advanced economy outside of wartime'
(DBN)

Donald Trump tells Theresa May he’s not visiting until he feels more welcome
(DBN)

Blair: UK could stay in EU without freedom of movement
(DBN)

Brexit is now directly damaging business investment in Britain
(DBN)

Men on Scooters in London Throw Acid
(DBN)

Insolvency rates up among women and young people
(DBN)

‘Thousands’ of Brit brides face wedding disaster as massive dress supplier goes bankrupt
(DBN)

______________

PIIGS:

Greece may be heading for bond market test 'in days'
(DBN)

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Canada:

Who cleans up the mess when oil and mining companies go bankrupt?
(DBN)

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MENA:

The profound ideological clash at the heart of the rift between the Gulf and Qatar France wades into Qatar row, urges end to punitive measures US will maintain good relations with Qatar: Trump
(DBN)

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China:

This Is China’s Real Economic Problem
(DBN)

The Chinese economy is growing faster than all expectations
(DBN)

China GDP beat expectations, but its markets are rattled — here's why
(DBN)

China’s economic growth is driven by all the things it says it wants to get rid of
(DBN)

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India:

RBI trying to set precedent with large NPA cases: Shardul Shroff
(DBN)

RBI may push for resolution of bad loans worth Rs8 trillion by March 2019: study
(DBN)

Bankruptcy Code: IBBI can initiate probe against insolvency professionals
(DBN)

IBC segregates judicial, commercial aspects of insolvency
(DBN)

M&As to increase under insolvency code, says IBBI chief MS Sahoo
(DBN)

A Month After RBI Directive, Banks Wade Through Insolvency Process
(DBN)

HC verdict on Essar Steel's plea against insolvency on Monday Essar Steel expresses liquidation fears after RBI's June 13 order No Relief For Essar Steel In Bankruptcy Case Gujarat HC dismisses Essar Steel's petition against RBI RBI back in the game as Essar Steel denied
(DBN)

Resolving NPAs: Challenges staring insolvency professionals
(DBN)

Modi government eyes using Bankruptcy Code as weapon against toxic loans, here is what RBI staff is set to do
(DBN)

Gone with the wind? Inox Wind becomes first insolvency case in wind energy Inox Wind says payments dispute with Jeena and Co settled, wants NCLT case quashed
(DBN)

Govt working on a simpler insolvency and bankruptcy code for SMEs
(DBN)

Insolvency professionals in high demand: CAs, cost accountants and company secretaries rush to get qualified
(DBN)

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Australia:

Rupert Murdoch Might Have To Bail Out His Son's Bankrupt Australian Channel
(DBN)

Amber Harrison ordered to pay Seven's legal costs after feud with CEO Tim Worner
(DBN)

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Brazil:

Tonon’s Judicial Restructuring of Debt
(DBN)

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Venezuela:

Venezuela opposition plots 'zero hour' after big anti-Maduro vote Chaos After Venezuela Opposition Stages Protest Vote
(DBN)

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