July 24, 2017

The Daily Bankruptcy News

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Law:

Small Offices Face Closure as Law Firms Seek Efficiency
(DBN)

Seyfarth Shaw's 'Rooney Presumption' Drives Sudden Surge in Minority Hiring
(DBN)

Biglaw Associate Indicted On Felony Charges Over Plot To Extort Partners Pleads Not Guilty
(DBN)

Marc Kasowitz reportedly takes on reduced role amidst Trump defense team shakeup Kasowitz Checking Out Of Russiagate White House Sours on Kasowitz, But What About Other Clients?
(DBN)

Trump Lawyer Cobb Describes Role, Says He Took Job With 'Rocks in My Head and Steel -----'
(DBN)

In its expansion quest, Dentons picks up Scotland’s largest independent law firm
(DBN)

You Really Do Have To Do It All As In-House Counsel
(DBN)

The Dan Markel Case: Wendi Adelson Finds A New Job
(DBN)

“Inexperience” reduces discipline for OK bankruptcy lawyer who displayed insolence and incompetence
(DBN)

Wilmer Hale must face "freeze-out" suit, appeals court says
(DBN)

DLA Piper to Acquire 60 Lawyers in L.A. Boutique Liner
(DBN)

Biglaw Founding Partner Brutally Murdered (Over A Hundred Years Ago)
(DBN)

In A Punishing Profession, Too Many Lawyers Are Paying The Ultimate Price
(DBN)

Minneapolis Police Chief Resigns Over Shooting
(DBN)

Fugitive survived for months -- hiding in a zoo!
(DBN)

Stop quitting apps on your iPhone and iPad ... it's making things worse
(DBN)

F. Lee Bailey, Broke And Working Above Hair Salon, Still Thinks O.J. Is Innocent
(DBN)

Can Trump be Indicted? Long Hidden Legal Memo Says Yes
(DBN)

Police Will Charge Five Teens Who Laughed As They Filmed Man Drowning In A Pond
(DBN)

Judge approves $11.2 million Ashley Madison settlement
(DBN)

A magic circle trainee’s ultra-sassy tweets have been exposed for all the legal world to see
(DBN)

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Judges:

Cafeteria committee comes with the job for Gorsuch
(DBN)

Circuit Court Nominees In The Trump Administration: The Latest News And Rumor (Part 1)
(DBN)

Reviewing The Supreme Court Term That Was
(DBN)

Convicted entrepreneur and disbarred Missouri judge tied to bankrupt international firm
(DBN)

Judge slams attorneys behind cookbook copyright suit, hits them with sanctions and levies attorneys fees on their client
(DBN)

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Wall Street:

Stocks brace for volatility in earnings deluge as Fed meeting looms
(DBN)

U.S. stocks close lower as shaky GE outlook ends week
(DBN)

US stocks haven't been this unpopular since the financial crisis
(DBN)

Greed is no longer good – bond boom comes to an end
(DBN)

A 'big fall' in markets is coming as traders put record cash to work
(DBN)

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Layoffs:

Chicago: Public defender’s office faces 68 attorney layoffs
(DBN)

So Much for Saving Their Jobs
(DBN)

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Travel:

US Fines Frontier, American And Delta For Violating Consumer Protection Rules
(DBN)

NY pols' buck-passing is leaving subway riders stranded Public Transit’s Summer of Hell
(DBN)

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Politics:

'Out and out political warfare': Trump claims 'complete power to pardon' amid White House's war on Russia investigation Trump rages against 'leaks' and Mueller's investigation in tweetstorm Schumer Predicts Trump Firing Mueller Would Be GOP Tipping Point Trump's Lawyers May Seek to Undercut Mueller's Team Trump is the most conflicted president in modern US history Trump Upset Muller Can See Tax Returns Russia Probe: Mueller Seeks to Turn Manafort Trump open to signing Russia sanctions legislation, official says New White House communications director: Trump is still not sure Russia interfered in the election Special Counsel Robert Mueller Has the Authority to Investigate Trump's Finances Sessions Discussed Campaign Matters With Russian Ambassador Congress Comes to an Agreement on Russia Sanctions An Exhaustive List Of What Happens After Trump Pardons Himself Trump Pardons Himself: All Hell Breaks Loose Trump's Pardoning Himself Would Trash Constitution Both Parties Warn Trump Over Mueller Trump Slams GOP: You Don't Have My Back
(DBN)

Jeb Bush calls out Republicans who criticized Obama over Russia, but have been silent on the Trump-Russia probe Bush, Cuban: Trump Dragging Down the GOP
(DBN)

Where Trump is Seen as a Savior
(DBN)

Here are the 5 most and least popular governors in America, according to their constituents
(DBN)

Sean Spicer has resigned as White House press secretary Trump's new communications director once compared the consensus on climate change to the belief that the world was flat Who Is Anthony Scaramucci? Scaramucci Still Has Unfinished Business in China Anthony Scaramucci Is the Right Answer to the Wrong Question The new White House communications director will bring the storm Trump wants The Scaramucci Takeover Scaramucci Brings Wall Street Pitchman Skills to White House No Wonder Scaramucci Deleted His Tweets ‘Full transparency’ doesn’t mean what Scaramucci apparently thinks it means
(DBN)

The True Nature of John McCain’s Heroism
(DBN)

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Fraud:

JPMorgan, Deutsche Bank to settle Libor rigging claims for $148 million
(DBN)

Some testy exchanges as the feds near the end of their case against Martin Shkreli
(DBN)

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Accounting:

Ukraine Bans Auditor PricewaterhouseCoopers
(DBN)

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Coal:

In former coal country, working poor show open contempt for neighbors who seek handouts
(DBN)

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Awards:

2017 Raeder Larson Public Service Award recipient
(DBN)

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Electricity:

Elliott Goes After Berkshire Hathaway With Subpoenas and Depositions
(DBN)

NextEra suing Texas regulators who rejected its offer to buy Dallas' Oncor
(DBN)

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Economy:

IMF cuts U.S. growth forecast for 2017, 2018 IMF: The rest of the world is picking up the economic slack as US looks weaker
(DBN)

As GDP will show, U.S. economy on same track
(DBN)

Unemployment Rate by State for June
(DBN)

The GOP Escalates Its Battle With the CBO
(DBN)

Here’s what could come out of the UK trade secretary’s meeting with Wilbur Ross
(DBN)

This is why millennials are fat and broke
(DBN)

Divorce Rates by Job Industry
(DBN)

Jim Paulsen sees 'multiple years' before the next recession
(DBN)

Trump's Infrastructure Dreams Stalled
(DBN)

Republicans embrace tax hike targeting Democratic states
(DBN)

The 19 most productive major economies in the world
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

Prof. Dan Schechter’s Comments on Sundquist
(DBN)

June Housing Starts Bode Well for Economy
(DBN)

The Next Job Humans Lose to Robots: Real Estate Appraiser
(DBN)

Nobody puts 20% down on a house anymore
(DBN)

Cities Where Incomes Fall Behind Home Prices
(DBN)

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Municipalities:

Lessons learned from 1994 county bankruptcy
(DBN)

Commission: County facing bankruptcy without new tax
(DBN)

Connecticut Sinks Deeper in Debt
(DBN)

Gov. Ricardo Rossello wants to put Puerto Rico on Congress' agenda
(DBN)

Debunking 2 more myths on Puerto Rico economy
(DBN)

If Puerto Rico thinks bankruptcy is a better solution, it has a rude awaking coming
(DBN)

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Oil/Gas:

Breitburn Energy Partners LP In Turnaround
(DBN)

How OPEC committee’s meeting could make or break oil prices Oil prices move lower as OPEC meeting gets under way OPEC, Russia to Stand Pat on Oil Deal Even as Glut Persists
(DBN)

Venezuela Oil Storm May Be About To Hit The Market
(DBN)

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Retailing:

There's one major thing everyone gets wrong about Amazon and the retail apocalypse
(DBN)

Big, bold … and broken: is the US shopping mall in a fatal decline?
(DBN)

Bankrupt BCBG and founder's wife square off over golden parachute
(DBN)

Sears Holdings Corp Stock Is Going to Zero No Matter What
(DBN)

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Healthcare:

Quality Care warns of receivership for big U.S. nursing home chain
(DBN)

Medical debt relief is coming
(DBN)

The GOP Health-Care Bill's Byrd Rule Dilemma
(DBN)

Key ACA repeal elements need 60 votes, dealing fresh setback to GOP efforts
(DBN)

Trump to make statement on healthcare Monday: reports The Meaning of the GOP Healthcare Fiasco
(DBN)

Program to help vets get health care outside VA nearly bankrupt
(DBN)

How expensive would a single-payer system be?
(DBN)

Rags to riches to rags: How a booming addiction treatment biz goes bankrupt
(DBN)

Fact Check: "One-third of New York’s population on Medicaid."
(DBN)

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Marijuana:

Is Bankruptcy An Option For Ancillary Marijuana Businesses?
(DBN)

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Batteries:

Aquion Energy, Inc. Emerges from Chapter 11 Bankruptcy Status Under New US-Based Ownership
(DBN)

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Maritime:

European Banks Struggle to Solve Toxic Shipping Debt Problem
(DBN)

ABG Shipyard agrees to insolvency proceedings
(DBN)

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Student Debt:

President should get behind bill to ease student loan burden
(DBN)

These are the worst states for student debt
(DBN)

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Solar:

Tesla's Solar City Now a Shell of Its Former Self
(DBN)

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Banking:

Wells Fargo ordered to pay $575,000, reinstate whistleblower
(DBN)

Big German Bank, Key to Trump's Finances, Faces New Scrutiny
(DBN)

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Autos:

VW Ordered to Pay $125M in Legal Fees
(DBN)

Ford to Fight Latest Takata Recall
(DBN)

Why Tesla is Worth More Than GM
(DBN)

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Taxis:

Uber Could End Up Like Yahoo
(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 (19 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (11 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:

Number of Public Companies Filing Chapter 7 or 11 in the First Half of the Year Since 2000 (with Asset Data)
(DBN)

2Q Filings by Industry, 2015-17
(DBN)

June 2017 Bankruptcy Filings Down 2.8 Percent
(DBN)

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Reclamation:

Third Circuit Provides Guidance to Creditors Seeking Section 503(b)(9) Administrative Expense Status
(DBN)

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Litigation:

Be Ready To Walk Away From Any Settlement
(DBN)

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Ch. 13:

BK ED TN: Proposed Local Form Chapter 13 Plan Published for Comments
(DBN)

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Executive Compensation:

Former Executives Beware: Some Chapter 11 Debtors Attempt to Treat Their Obligations to Current and Former Executives Differently
(DBN)

Regulators Drop Pursuit of Banker, CEO Pay Restrictions
(DBN)

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Exemptions:

Fifth Circuit Goes Further Down the Disappearing Exemption Rabbit Hole
(DBN)

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Avoidance Actions:

DE: Relief Granted for Fraudulent Conveyance
(DBN)

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Celebs:

Ex-'America's Next Top Model' judge declares bankruptcy
(DBN)

O.J. Simpson made over $400,000 while in prison and won’t have to give any of it to the Goldman family
(DBN)

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Gambling:

Bankruptcy issues curtail capital improvements at Caesars and Bally's
(DBN)

Shareholders meetings key to Caesars leaving bankruptcy
(DBN)

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Brides:

Missing your Alfred Angelo dress? Seamstress says she may have it Alfred Angelo Bridal bankruptcy trustee seeks to fill customer dress orders Frowns without gowns: Local bridal stores feel aftershocks of Alfred Angelo bankruptcy A fairytale ending for (at least some) Alfred Angelo bridesmaids
(DBN)

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UK:

Business failure rate in Scotland falls 27%, new figures reveal
(DBN)

The IMF just downgraded its forecast for the UK
(DBN)

Aiba ‘risks bankruptcy’ as civil war erupts at top of amateur boxing
(DBN)

Brexit: BofA Picks Dublin for EU Hub
(DBN)

Brexit Disarray Points to Disaster
(DBN)

No Criminal Charges in London Whale Case
(DBN)

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PIIGS:

Alexis Tsipras: 'The worst is clearly behind us' Greece seeing 'light at end of austerity': EU commissioner
(DBN)

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Canada:

Sears Canada facing online calls for boycott over treatment of ex-employees
(DBN)

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Venezuela:

The Meltdown in Venezuela's Currency Is Deepening
(DBN)

The Battle for Venezuela
(DBN)

Aggressive US Oil Sanctions Could Bankrupt Venezuela
(DBN)

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India:

Innoventive gets 3 months to fix debt
(DBN)

Electrosteel bankruptcy: NCLT appoints interim resolution
(DBN)

Lender drags 7 firms to NCLT for insolvency process
(DBN)

PEs build $4-billion war chest for bad assets
(DBN)

Blackstone Group plans to set up an ARC in India
(DBN)

The RBI's harsh prescription
(DBN)

Debtors have filed over 33% of insolvency cases
(DBN)

Bankers pessimistic on recovery of loans after insolvency process
(DBN)

New insolvency code offers hope to banks reeling from outsize bad loans
(DBN)

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Australia:

ASIC, ATO use 'disruption' tactics to stop phoenixes rising from corporate ashes
(DBN)

Embattled property developer dodges $17m bankruptcy
(DBN)

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France:

Mon Dieu! Newly elected French President Macron suffers 10 point drop in popularity rating
(DBN)

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Mexico:

The Court’S Role In A Bankruptcy Proceeding In Mexico
(DBN)

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