June 23, 2017

The Daily Bankruptcy News

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Law:

Caesars Bankruptcy Still Paying Out to Three Big Firms
(DBN)

I Can't Get No Satisfaction' - Or Can I?
(DBN)

Hiring Misfires Show Need for Tougher Law Firm Vetting
(DBN)

Charlotte School of Law receives state license restrictions; some say end may be near Much-Maligned Law School In Very Serious Danger Of Losing Its License To Operate Teetering Charlotte School of Law Takes Another Hit
(DBN)

An Inside Look At A T14 Law School’s Unemployment Rate
(DBN)

An Interview with Donald Maurice
(DBN)

Top Students Increasingly Are Not Interested In Law School
(DBN)

Trial Date Set in Murder of Fla. State Law Prof Dan Markel
(DBN)

It's Lonely at the Top for Atlanta First-Year Associates Making $180K
(DBN)

How to explain the reasons for leaving your job in a job interview
(DBN)

FBI Agent Shares Cybersecurity Tips For Big Law
(DBN)

Want To Get Sued? A Self-Help Primer
(DBN)

Big Law Partner Is Censured for Not Owning Up to Spoliation
(DBN)

Lawyers Jailed After Brawl During Court Hearing
(DBN)

One Week with the New iPad Pro Why the 10.5-inch iPad Pro is a typing champ What’s new in the 12.9-inch iPad Pro (2017 edition) 5 things to do before giving an old iPhone or iPad to your kid
(DBN)

The Vault Law Firm Rankings — How Well Do You Know Your Firms?
(DBN)

Power Niche Marketing: Every Client And Every Customer Is Different
(DBN)

Trump says he never recorded his conversations with James Comey
(DBN)

The Jay Sekulow Ad That Got Trump To Hire Him
(DBN)

Trump Asks Supreme Court to Take up Travel Ban Case Trump lawyers make final Supreme Court pitch on travel ban
(DBN)

Federal Judge Stops Deportation of 100 Iraqis
(DBN)

Appeals panel tosses fraud claim against Sheppard Mullin over $8.5 million judgment
(DBN)

Psychopaths drink their coffee black, study finds
(DBN)

11 signs you’re dealing with a passive-aggressive coworker
(DBN)

Here's exactly how to write an email with negative feedback, without ruffling feathers
(DBN)

This is why LinkedIn still hasn’t killed business cards
(DBN)

Partner accused of cheating in Xmas quiz
(DBN)

7th Circuit refuses to reinstate conviction of Brendan Dassey in ‘Making a Murderer’ case Appeals Court Agrees With Lower Court Ruling That Yes, Brendan Dassey Confession Was Involuntary
(DBN)

He walked out of prison after 11 years—now the state wants him back
(DBN)

Woman awaiting retrial for lawyer-boyfriend’s slaying is investigated in venue motion forgeries
(DBN)

CLE in the City Series will offer the chance for CLE credit at famous NYC venues and firms
(DBN)

The ‘Better Call Saul’ Season Finale Becomes ‘Better Call Chuck’
(DBN)

Parents Arrested at Bar After Mom Drinking, Smoking While Breastfeeding Infant, Police Say
(DBN)

Bill Cosby plans tour to teach people about sexual assault
(DBN)

Prosecutors Say ‘Affluenza’ Teen’s Mother Violated Bond
(DBN)

Colombia Treasure Ship Lures Lawyers , Guns and Money
(DBN)

NRA Wants Concealed Carry w/ No Permit
(DBN)

Lawsuit: Home Depot Selling 4x4s That Aren’t 4 Inches By 4 Inches! Everyone Else: They Aren’t Supposed To Be, You Moron.
(DBN)

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Judges:

Retired U.S. Tax Court Judge Sentenced To 34 Months In Jail For Tax Fraud While She Sat On The Court
(DBN)

7th Circuit chastises lawyer for telling judge he was advocating for prosecutors, abdicating his job
(DBN)

Donald Trump Is In The Perfect Position To Dramatically Remake The Courts
(DBN)

Justice Gorsuch knocks his new colleagues in first SCOTUS concurrence:
(DBN)

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Wall Street:

U.S. stock futures hunt for a catalyst, with Nasdaq poised for a weekly win
(DBN)

Stocks Erase Gains, End Flat: Here's what you need to know
(DBN)

Blackstone's Schwarzman says markets at record levels because Trump-GOP policy agenda is 'excellent'
(DBN)

One striking chart shows traders don't believe the Fed
(DBN)

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Layoffs:

Dying Sears Canada Plans to Slash 2,900 Jobs, Close 59 Stores Amid Bankruptcy
(DBN)

A key fallout of the retail apocalypse has been going on for decades
(DBN)

Is Your Job About To Disappear?
(DBN)

The World’s Workers Have Bigger Problems Than a Robot Apocalypse
(DBN)

Etsy announces a second round of job cuts in little more than a month
(DBN)

SRC: Teachers’ Contract Could Mean 3,800 Layoffs
(DBN)

270 employees impacted by Excel Industries workforce reduction
(DBN)

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Healthcare:

Healthcare Bankruptcy: Not Garden-Variety
(DBN)

Many doctors not forthcoming about cost of cancer care, study suggests
(DBN)

Unveiled: The Secret Senate Healthcare Bill Senate Republican Obamacare replacement bill released, here are the details The real winners and losers in Senate health-care bill All of the TrumpCare Bill Secrets Author and watchdog Brill: Republican ‘repeal and replace’ health-care efforts do neither Senate GOP health bill would strip out Obamacare penalties and stanch Medicaid expansion Republicans’ Obamacare repeal bill has a small bonus just for insurance CEOs Trump just gave a key signal about how he views the Senate healthcare bill The New AHCA Cuts Medicaid Funding More Deeply Obama Shreds: The Senate bill is 'not a health care bill' Obama Begs GOP Not to Hurt Millions for Spite Republicans’ Obamacare repeal would be one of the biggest cuts to the social safety net in history The verdict on Trumpcare: A phenomenal waste of time Doctors and patient advocates are slamming the Senate Republicans' healthcare plan What TrumpCare Really Means for America Inside McConnell's TrumpCare Plan Republicans’ new Obamacare repeal bill has a lot for insurers to like and for hospitals to hate
(DBN)

Healthcare stocks are rallying after Senate GOP leaders unveil health care plan Senate Republicans’ health bill boosts hospital and health-care stocks, but the gains may not last
(DBN)

Premiums Could Spike for Middle Class Under Senate Health Bill
(DBN)

Enough GOP senators to block Obamacare replacement will announce opposition: NBC News, citing source Chuck Schumer: Senate Obamacare replacement is 'every bit as bad as the House bill' Senate Republican support for Obamacare repeal wavers 4 GOP senators, including Rand Paul and Ted Cruz, come out against Senate healthcare bill — enough to kill it
(DBN)

Poll shows Americans are broadly opposed to House GOP health-care bill Obamacare Gets Higher Marks Than House GOP Overhaul, Poll Finds NBC News/WSJ Poll: Public Overwhelmingly Disapproves of House Health Care Bill
(DBN)

Here's what the Senate healthcare bill means for all types of Americans
(DBN)

Obamacare insurer expands, but big questions loom as rate deadline hits, GOP pushes health plan
(DBN)

The Trump Aide Bankrupted by a Single Illness
(DBN)

Team Studies Impact of Medical Debt Forgiveness
(DBN)

Hospitalists – The Heart of the Health System
(DBN)

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Personal Finance:

7 easy tricks to help you save money
(DBN)

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Credit Reporting:

Consumers Mislabeled as Terrorists Join in $60 Million Verdict against TransUnion for Violating Key Consumer Protection Law
(DBN)

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Finance:

A committee of the world's biggest banks chose a new alternative to the scandal-ridden LIBOR rate
(DBN)

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Student Debt:

Fed Reports Delinquency Transition Rates are Low—Except for Student Loans
(DBN)

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Economy:

U.S. Demographics: The Millennials Take Over
(DBN)

The Cheapest Generation
(DBN)

Kansas City Fed: Regional Manufacturing Activity "Expanded Further" in June
(DBN)

‘The sacrificial lambs’ of the next financial crisis, according to SocGen’s permabear
(DBN)

Weekly Initial Unemployment Claims increase to 241,000
(DBN)

Trump: 'I just don't want a poor person' running the economy Trump doesn't want a 'poor person' running the economy—don't tell him about Alexander Hamilton
(DBN)

Trump Underlings Target Yellen
(DBN)

Foxconn plans U.S. display making plant for over $10 billion, scouting for location
(DBN)

FactCheck: Trump's Claims on Jobs
(DBN)

Census: Every ethnic, racial group grew, but whites slowest
(DBN)

The 8 states with the worst roads in the US
(DBN)

A $15,000 basic income lottery promised free money for a year — then the checks stopped coming
(DBN)

Trump wants to bar immigrants from receiving welfare for 5 years — but that law has already existed since 1996
(DBN)

Here's where Americans are moving to and from
(DBN)

Boeing plans job cuts at South Carolina facility where Trump declared he would 'fight for every last American job'
(DBN)

Trump's Carrier Jobs Story Was Overhyped
(DBN)

Majority of Americans Say Congress Shouldn’t Raise the Debt Ceiling
(DBN)

Trump plans to rescind startup founder immigration rule Trump to End Obama Era Startup Visa
(DBN)

Trump is threatening to start a global food fight
(DBN)

Study: $13 minimum wage didn't cause Seattle job losses
(DBN)

Class 8 Truck Production at 18 Month High
(DBN)

Trade Rep Troubled by Ford's China Move
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

Mortgage applications hold steady as rates remain low
(DBN)

Mortgage Delinquencies Decreased in May, Foreclosures at 10-Year Lows
(DBN)

Seattle housing market tops nation in bidding wars and price gains
(DBN)

The 4 biggest fights couples have over buying a home
(DBN)

Elevated Demand for Apts. Expected to Remain Due to Household Formation and Lack of Affordable Housing Options
(DBN)

IA: Badgerow Building developer files for bankruptcy
(DBN)

Downtowns Reinvented Themselves. So Can Malls.
(DBN)

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Municipalities:

Puerto Rico Independent Special Prosecutor to file criminal charges against former PR House president Perello
(DBN)

Puerto Rico Bankruptcy : Uncertainty But Also Stock Profit Opportunity
(DBN)

Massachusetts magistrate to assist in Puerto Rico’s bankruptcy cases
(DBN)

GB Prediction Come True: Illinois Faces Bankruptcy Due to Pensions
(DBN)

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Oil/Gas:

Fri.: Tentative oil price recovery lifts energy stocks
(DBN)

Thurs.: US crude jumps from August lows but oversupply concerns remain Oil Gains After Falling Into Bear Market as US Supply Rises Oil market flashes warning about stock levels in 2018: Kemp
(DBN)

DryShips: Bankruptcy Ahead?
(DBN)

OPEC Has Few Escape Routes From Another Bear Market in Oil
(DBN)

The one man who could stop oil market's plunge
(DBN)

Saudi Arabia's Game of Thrones
(DBN)

Saudi Reshuffle Could Completely Shake Up Oil Markets
(DBN)

Underperforming Energy Sector May Soon See M&A Wave
(DBN)

Kilduff: Why it's time to short oil
(DBN)

Seadrill Ltd Stock Is Toxic, Bankruptcy or Not
(DBN)

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Politics:

Trump appears to float a major shakeup in the Russia investigation Trump Obstruction Case is Gathering Momentum Trump goes on raging tweetstorm on Russia probe: 'It's all a big Dem HOAX!' Trump Is a Russian-Interference Truther Once More The White House is reportedly trying to water down the Senate's Russia sanctions bill Gingrich: Trump was trying to 'rattle' and 'outbluff' Comey by teasing the existence of tapes Trump's tease of possible Comey tapes fits familiar pattern Democrats pressure Deutsche Bank on information about Trump-Russia ties Trump: 'I did not make, and do not have' Comey tapes Lasting Damage from Trump's Tape Bluff 2 members of Trump's vote-fraud panel want to look into Russian hacking, as well Mueller Bolsters Russia Team's Appellate Readiness in New Hire Witch-Hunt Warning Signs From Special Counsel Robert Mueller Russian Hackers Altered Voting Rolls, Stole Private Data Report: Coats and Rogers Told Investigators That Trump Asked Them To Publicly State That There Was No Evidence of Russian Collusion The president is obsessed with the investigation into his relationship with Russia. He should be.
(DBN)

Nancy Pelosi responds to calls for her ouster: 'I think I'm worth the trouble'
(DBN)

Trump’s Immigration Allies Are Growing Frustrated With Him
(DBN)

Trump Approval Rating Falls to 36%
(DBN)

Bloomberg: Americans Should Back Trump
(DBN)

President Eric Holder? Former Attorney General Is Mulling 2020 Run
(DBN)

We asked CFOs to describe Trump’s management style, and it’s not pretty: Survey
(DBN)

GOP Lawmaker: Kushner Has Conflicts The Kushners: Inexperienced, Will Save World
(DBN)

Bernie Sander's Wife Lawyers Up
(DBN)

The GOP's Suburban Nightmare
(DBN)

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Hedge Funds:

Top advisers pull their clients’ investments out of hedge funds
(DBN)

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Travel:

Flying may be slowly killing you
(DBN)

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Autos:

Subprime Auto Loan Securitizations, 2010-16
(DBN)

Takata Fell 55 Percent on Bankruptcy Report Airbag giant Takata soars after volatile week for troubled firm
(DBN)

Interpol Seeks 5 Ex-VW Managers for Fraud
(DBN)

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Compensation:

CEO Pay Just Jumped to Its Highest Level Since 2013
(DBN)

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Taxis:

What Uber Must Do to Survive Uber Had the CEO It Needed Uber's Other Big Problem: Driverless Cars Aren't Ready Yet Uber Can’t Be Fixed — It’s Time for Regulators to Shut It Down Uber's Boss Wasn't Fired for Bad Behavior Kalanick Ouster as Uber CEO Began With Hand-Delivered Letter
(DBN)

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Nuclear:

Toshiba delays results again citing US nuclear unit
(DBN)

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Banking:

Big banks make it through stress tests, investors await cash release Big banks can survive major recession, Fed says
(DBN)

Fed's Stress Tests Bolster Case for Easing Bank Rules
(DBN)

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Food/Beverage:

Traders betting against restaurants are getting clobbered
(DBN)

Bankrupt Marsh Supermarkets, CVS resolve dispute over pharmacies Marsh sales OK'd; remaining stores to close
(DBN)

It’s a nightmare for grocery stores, but it might make your groceries cheaper
(DBN)

Workers say Piggly Wiggly Carolina was a 'family,' but when hard times struck, executives carted away millions, while workers' retirement dreams withered
(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 (22 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (20 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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Ch. 13:

BK ND IL Adopts National Ch. 13 Plan
(DBN)

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Insurance:

11th Circuit Decision Highlights D&O Policy Selection Dilemma for Financially Distressed Companies
(DBN)

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Litigation:

Access to Plaintiff-Friendly Jurisdictions Constrained in 'Game-Changing' SCOTUS Ruling
(DBN)

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Mass Torts:

House Judiciary Committee to hold hearing on mass torts advertising
(DBN)

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Fraud:

President Trump Might Be Forced to Testify Under Oath About Trump University After All
(DBN)

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UCC:

The ABCs of PMSIs: A Primer on Purchase Money Security Interests (PMSIs), Part 2
(DBN)

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Jurisdiction:

A Unified Theory of Bankruptcy Court Jurisdiction: Wellness International v. Sharif
(DBN)

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Pensions:

The $4 Trillion Pension Problem
(DBN)

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Media:

Did Hulk Hogan Neuter the First Amendment?
(DBN)

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Education:

How much money people borrow to attend the top 20 US colleges — and how much they earn later on
(DBN)

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Marijuana:

Legal marijuana a $5-billion boost to California's economy
(DBN)

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Debt Collection:

Minnesota Court Rules Attorney Serving Notice of Lien Not Immune from FDCPA Requirements
(DBN)

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Retailing:

Retail Distress Shows No Sign of Abating, Record Store Closures Anticipated
(DBN)

Sears is closing 20 more stores — here's the full list
(DBN)

Amazon just hammered another 'nail in the coffin' for Macy's, Sears, and JCPenney
(DBN)

A key fallout of the retail apocalypse has been going on for decades
(DBN)

Sears Canada files for bankruptcy Sears Canada to Cut Jobs, Stores as It Enters Bankruptcy Protection Sears Canada shares halted Sears Canada could survive bankruptcy but likely not as a department store Eddie Lampert's Retail Empire Wobbles With Sears Canada Filing How Sears Canada's Bankruptcy Impacts Sears Holdings Corp.
(DBN)

Nordstrom family moves ahead with finding a private equity buyer
(DBN)

Holdout J.Crew Lenders File New Lawsuit to Block Restructuring Bid J. Crew Lenders File New Lawsuit Over Trademark Transfer
(DBN)

This Is Why Staples Is Trying to Dump Its Business Off to a Big Private-Equity Firm for $6 Billion
(DBN)

It's Us Or Them: Walmart is telling vendors to stop using Amazon's cloud Wal-Mart could enter a bidding war with Amazon over Whole Foods, JPMorgan says
(DBN)

What’s Next For Retail In The Age Of Amazon
(DBN)

How Amazon Could Dominate 3 Megatrends of the 21st Century
(DBN)

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Ethanol:

Trump Promises Support for Ethanol
(DBN)

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Mining:

America's Only Rare Earth Mine Is Stuck in a Distressed Debt Dispute
(DBN)

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UK:

The Public Services Reform (Corporate Insolvency and Bankruptcy) (Scotland) Order 2017
(DBN)

Church of England leader says it ‘colluded' in abuse
(DBN)

New poll finds the British public have turned against a 'Hard Brexit' Theresa May wants to let 3 million EU citizens stay in the UK after Brexit
(DBN)

Queen Royally Trolling Theresa May
(DBN)

Boris Becker's 'five second s--' in a cupboard has cost him his fortune
(DBN)

Unsecured creditors of Burger King franchisees braced for £20m hit
(DBN)

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Canada:

Sears Canada just filed for bankruptcy protection Sears Canada to close stores, cut jobs in restructuring Sears Canada seeks reinvention as it falls to insolvency
(DBN)

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Netherlands:

European court tears up pre-pack bankruptcy deal, backs workers
(DBN)

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Venezuela:

Desperate Venezuelans set sights on Colombia as worry mounts
(DBN)

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India:

Resolve 55 bad loan cases in 6 months or face Insolvency and Bankruptcy Code, RBI tells banks
(DBN)

Essar Steel, Bhushan face bankruptcy proceedings
(DBN)

Insolvency : Banks to start action against 3 steel firms
(DBN)

Simple Solutions Fast Track Insolvency Resolution Process For Corporates.
(DBN)

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Singapore:

London awards boost to Singapore's efforts to be global insolvency and restructuring hub
(DBN)

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China:

Shares Plunge as China Voices Concern Over 'Systemic Risks'
(DBN)

China Bad Debt Prices Up 30% as New Gold Rush Gets Under Way
(DBN)

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Mexico:

DIP Financing in Mexico
(DBN)

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MENA:

Gulf states issued 13 demands to Qatar and set a deadline of 10 days to comply
(DBN)

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Russia:

Russia cracks down on shareholders and management who cause company insolvency
(DBN)

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Switzerland:

Switzerland - A new hope? The Swiss Government adopts its Dispatch to the Parliament on an amendment to the provisions governing recognition of foreign insolvencies
(DBN)

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