Daily Bankruptcy News

March 24, 2017

View prior editions:	Click Here
View prior case summaries:	Click Here
Search prior headlines:	Click Here
Search prior case summaries:	Click Here

3-Column Formating


	Law: Is Deutsche Bank's Refusal to Pay Junior Lawyers Misguided? • Deutsche Bank refuses to pay for NQ and trainee work (DBN) Big Law and the Case of the Missing Demand (DBN) Chadbourne Lawyer Says She Was Pressured To Disavow Gender Bias Suit (DBN) Biglaw Associates Offered Work/Life Balance Perks That Go Unused • Law Firms Promote Flexible Work Arrangements Lawyers Don't Use • Lawyers still reluctant to embrace telecommuting, according to new survey • How to make working from home work for BigLaw (DBN) Top lawyers reveal why they love their firms (DBN) KWM invites shafted trainees to apply for jobs - as paralegals (DBN) Despite significant rise in US News & World Report rankings, law school dean placed on leave • Cincinnati Dean Says 'Small Cabal' Of Tenured Faculty Is Seeking Her Ouster Because Of Her Attempt To Balance Law School's Budget • Ousted Cincinnati Law School Dean Is Exploring Her Legal Options (DBN) Is InfiLaw Trying To Dump All Of Its For-Profit Law Schools? • Want To Buy A Law School (or Three) On The Cheap? InfiLaw May Have A Deal For You. (DBN) Senate Narrowly Confirms Trump's Pick for Israel Envoy, A Bankruptcy Lawyer (DBN) Steady Growth Name of the Game for Paul Hastings (DBN) New Approach to Law Firm Mergers: Lessons Learned From 15 Years of Consolidation (DBN) Kramer Levin's Partner Profits Reach Nearly $2M (DBN) Akin Gump to move HQ to Dallas' Union project (DBN) DLA Piper to leave Georgia after Tbilisi office defects to Dentons (DBN) Alston & Bird Opens Office in San Francisco, Expands in L.A. (DBN) Solo Seeks To Challenge Archaic Bonafide Office Rules At The Supremes (DBN) Legal staffing company acquires competitors from accounting firm (DBN) Law Professor Arrested On Charges He Embezzled Millions • Minnesota Law Professor Charged With Massive Criminal Fraud (DBN) Authorities think a 19-year-old US-Israeli citizen and his father are behind most of the Jewish community center bomb threats (DBN) Client is King (DBN) Attorney Suspended For Failure To Account For Monies Received In Bankruptcy Representation (DBN) Build or Buy? The Evolution of Law Department Sourcing (DBN) So you want to get hired in-house? Here's 6 things you'll need (DBN) 10 tips for better legal negotiations (DBN) Trump Lawyers Allegedly Sink Claws Into Teen Over Cat-Scratch Website • Timeline: Trump's Cease and Desist Letters (DBN) Fake asylum claims lead to federal prison sentence for immigration lawyer (DBN) The Historical Import Of Solicitor General (DBN) Lawyers and legal costs experts in huge LinkedIn handbag fight (DBN) Boss confronts lawyers over "Milk Scandal" (DBN) Legal secretary narrowly escapes jail after stalking lawyer (DBN) NBC’s Trial & Error Is A Promising Yet Inconsistent True-Crime Spoof (DBN) Teenager takes his mother to court for confiscating his mobile phone (DBN) Mother Arrested For Kicking Child Out of Home Over Incorrectly Cited Bible Verse, Cops Say (DBN) Aaron Hernandez Murder Trial Comes to Halt Over Rumors Juror Posted on Reddit (DBN) The Anti-Trump Prosecutor the President Can’t Control – or Fire (DBN) ______________ Judges: BK NV: Bankruptcy Bugle Newsletter, March 2017 (DBN) Senate Bill Aims to Fortify Bankruptcy Judge Roster (DBN) Democrats signal they'll filibuster Trump's Supreme Court pick • Supreme Court showdown • Democrats to filibuster Neil Gorsuch nomination to Supreme Court, Schumer says • Grassley supports Gorsuch nomination, calls filibuster threat a “smokescreen” • The father of an autistic child whom Trump's Supreme Court nominee ruled against urged senators not to confirm him •Senators clashed over a Supreme Court ruling that came down during the Gorsuch confirmation hearings • Gorsuch confirmation hearings, Day 4: He is portrayed as empathetic, yet bad for the little guy • Republicans Can Bust The Gorsuch Filibuster, But Can They Take What Happens Next? • ABA testifies on ‘well-qualified’ rating of Judge Gorsuch: ‘Our task was to cast a wide net’ • Justice Gorsuch? Judge Awaits Vote as Democrats Strategize • Is Neil Gorsuch Anti-Duck? • Big Law Goes to Bat for Gorsuch (DBN) US Marshals sent to protect Hawaii judge who stopped Trump's latest travel ban (DBN) Take Our Judges But Not Our Money, Calif. Judge Tells Lege (DBN) ______________ Wall Street: U.S. stock futures set course for worst week since November as Trump doubts niggle (DBN) Stocks close mostly lower after key health-care vote is delayed (DBN) How the Trump Trade Could Turn Into a Trump Tantrum on Wall Street (DBN) ______________ Layoffs: Supreme Court Gives WARN-ing To Companies In Bankruptcy: Don’t Ignore Wage Claims • U.S. Supreme Court Rules WARN Claimants/Workers Must Get Priority Over Other Unsecured Creditors In Bankruptcy (DBN) Enbridge to cut 1,000 jobs in Houston, Canada after Spectra merger (DBN) Kraft Heinz to cut about 200 jobs (DBN) Boeing plans another 245 layoffs (DBN) ManpowerGroup is cutting 150 jobs in Milwaukee (DBN) Teva to Cut 6000 Jobs (DBN) Marc Leder's firm ordered to give truckers $8.3M in back pay (DBN) A steelworker won $100,000 in Warren Buffett’s March Madness pool. He may lose his job. (DBN) National and State by State Unemployment Rates (DBN) Animated Map of Unemployment (DBN) ______________ Politics: Trump's approval rating craters in poll — and his base is the culprit • 'Why do you say that I have to apologize?': Trump clashes with reporter who asks repeatedly about false claims • Fact-checking Trump's TIME interview on truths and falsehoods • Trump's Defense of His Lies: 'I'm President and You're Not' • Nunes apologizes to House Intel Committee, member says • Devin Nunes Has Disqualified Himself • 'What the hell is Nunes doing at the White House?' • House Intelligence chief: We don't know 'for sure' if Trump team was even on phone calls • Chicago couple say their support of Trump cost them their small business • Trump Scandals Make His Voters Like Him More • Trump asked black voters: ‘What the hell do you have to lose?’ Black lawmakers answer: ‘A lot.’ • Feds: Trump DC Hotel Not in Violation of Government Lease After All (DBN) Trump met with truckers to push 'Trumpcare' — and Twitter is going crazy over the photos (DBN) Democrats press Trump's SEC nominee over his ties to Goldman Sachs • SEC Pick Jay Clayton Promises To Do His Job • SEC Nominee’s Distorted Reality (DBN) Don't Believe White House Revisionism on Manafort • 'If you look at the questions that exist about coordination with Russian intelligence, Paul Manafort is likely to be at the center' (DBN) The Geography of Populist Discontent (DBN) Wife Now Regrets Supporting Trump After Husband Set to be Deported (DBN) ______________ Accounting: PwC Settles Midtrial in MF Global Accounting Malpractice Case • MF Global, PwC settle $2 billion malpractice claim • PwC settles with MF Global over final major lawsuit brought by creditors • PwC settles with MF Global over Corzine brokerage's collapse (DBN) ______________ Education: Predator Colleges May Thrive Again (DBN) ______________ Advertising: KSL Bankruptcy Saga Continues (DBN) ______________ Nuclear: Toshiba Reportedly Plans to File a Westinghouse Bankruptcy on March 31 • Toshiba banks push for quick Westinghouse bankruptcy filing (DBN) Southern, Scana Seen Facing $8.5 Billion Threat on Toshiba Woes • Toshiba Plans Bankruptcy Filing For Westinghouse, Expects $9 Billion In Charges: Report (DBN) Toshiba Meltdown Casts Cloud Over Bonds for U.S. Nuclear Plants (DBN) Politics weigh as Korea's KEPCO eyes the Toshiba nuclear option (DBN) ______________
	Economy: Claims for US Jobless Benefits Increase to Seven-Week High • Weekly Initial Unemployment Claims increase to 258,000 (DBN) The Gig Economy Celebrates Working Yourself to Death (DBN) Kansas City Fed: Regional Manufacturing Activity "Strengthened Further" in March (DBN) Here are the fastest growing and shrinking counties in America (DBN) Capitalism Will Shrink Inequality. In Fact, It's Happening. (DBN) Bad Trade Policies Are Hurting US National Security (DBN) Snowbelt-to-Sunbelt migration pattern is deepening (DBN) Where the American Dream Lives and Dies (DBN) Brookings Papers on Economic Activity, Spring 2017 (DBN) The South’s Auto Jobs Boom Comes With a Heavy Price (DBN) The GOP wants to take money from Medicare’s trust fund and give it to the rich (DBN) Trump wants to kill an agency that is accomplishing one of his biggest goals (DBN) White Working-Class Death Rate to Be Elevated for a Generation (DBN) Trump Sets Stage for NAFTA Talks as Ross Meets With Lawmakers • Mexico to Walk NAFTA if New Deal Isn't Good (DBN) Trump Readies to Review 14 Trade Deals (DBN) Markets will be 'disappointed' by Trump's policies: former IMF Deputy Managing Director (DBN) The Retirement Car Crash (DBN) US Debt Clock (DBN) World Debt Clock (DBN) Economic Indicators Dashboard (DBN) ______________ Real Estate: Rising interest rates drive prepayment speeds to three-year low • Mortgage rates fall back as investors’ concerns mount (DBN) More Homebuyers Are Turning to Risky Mortgages (DBN) Freddie Mac: Mortgage rates see greatest drop in months (DBN) More Consumers Seek Loan Modifications (DBN) New Home Sales increase to 592,000 Annual Rate in February • A few Comments on February New Home Sales (DBN) Mortgage Delinquencies Declined in February (DBN) A Fed official warns that another real estate bubble could collapse financial stability (DBN) Trump administration starts from scratch on Fannie, Freddie reform (DBN) Here are the top 10 metros for single-family rental investors (DBN) Renters Now Rule Half of US Cities (DBN) Rents in Megacities Can't Go Up Forever (DBN) No Personal Liability for Post-Petition HOA Fees (DBN) ____________ Municipalities: Jones Day hits back at threat of Detroit lawsuit (DBN) Puerto Rico Has U.S. Board's Backing to Redo Utility Debt Deal (DBN) Puerto Rico Looks for Utility Debt Deal Restructuring (Audio) (DBN) Puerto Rico Governor Is Set to Make the Case for Revising Utility Debt Deal (DBN) Report: Puerto Rico municipalities see deep population loss (DBN) Puerto Rican religious leaders ask for US help in debt crisis (DBN) Activists Call For Puerto Rican Debt Oversight Board to Revisit Repayment (DBN) Lead Poisoning in "Dozens of CA. Communities" (DBN) ______________ Oil/Gas: E&P Bankruptcies Tapering Off in 2017 (DBN) Oil Prices Continue To Face Pressure From Brimming Inventories • Oil Rises as US Fuel-Supply Drop Counters Crude-Stockpile Gain (DBN) Ominous For Oil : Days Of Small Shale Producers Coming To An End (DBN) OPEC In Trouble As Saudis Becoming Weary Of “Free Riders” (DBN) How OPEC Shot Itself In The Foot (DBN) All Drill, No Pump: Oil Producers Are Leaving Thousands of U.S. Wells Unfinished (DBN) The Upcoming Surge In U.S. Oil Demand Explained In One Chart (DBN) U.S. oil exports increased, spread across the globe in 2016, EIA says (DBN) Forbes Energy says it's ready to exit Chapter 11 bankruptcy (DBN) Oil recovery trouble spot: Laid-off workers and hiring managers not on the same page (DBN) OPEC Out Of Moves As Goldman Sachs Expects Another Oil Glut (DBN) Are Banks About To Derail The New U.S. Shale Boom? (DBN) Latest Threat to US Oil Drillers: The Rocketing Price of Sand (DBN) Trump strips regulations, oil companies say they have no impact (DBN) Tech Miracle In U.S. Shale Is A Media Myth (DBN) ______________ Asset Protection: Did Delaware just get dissed over the security of trusts? (DBN) ______________ Healthcare: Judge approves $8.1M sale of shuttered St. Joseph's Hospital to a developer (DBN) Trump Issues Ultimatum: Pass this bill or Obamacare stays • GOP Punts On Trumpcare, Delays House Vote • House GOP Postpones Vote on Health Care Bill as Support Dwindles • Why are Republicans moving so fast on health care? • Key to Health Vote, Hard-Line Conservatives Push New Cuts • Koch network pledges to defend Republicans who vote against GOP health bill • Poll: Only 17% of Americans support 'Trumpcare' • Trumpcare Has Seniors Rethinking Early Retirement • The CBO score for the updated version of 'Trumpcare' is out, and it's even worse than the original (DBN) Many lower-income Republicans see ensuring health coverage for all as a government responsibility (DBN) HDL's liquidating trustee settles with some former executives (DBN) Problem with Medicaid Work Requirements (DBN) ______________ Retailing: Here's Why Sears Holdings Finally Admitted the End May Be Near • Fears of a Sears bankruptcy are reignited • Sears' Retirees worry about their Pensions • Sears Is Screwed, But Eddie Lampert’s Gonna Be OK • Here's How CEO Eddie Lampert Could Survive A Sears Bankruptcy Just Fine • Sears' plan to sell brands no salve for financial woes • R.I.P. Sears • Sears has a bigger problem than plunging sales — but nobody's talking about it • Sears Enters Death Spiral: Vendors Halt Shipments, Insurers Bail • With Sears on the brink, what are shoppers to do? (DBN) Uncertainty lies ahead for Gordmans' 5000 employees, but hope isn't lost, experts say (DBN) Amazon has a new weapon in its war on brick-and-mortar retail • Amazon Is Causing Catastrophe By Being the Most Disruptive Force in Retail and Technology Today (DBN) These haunting photos of the retail apocalypse reveal a new normal in America (DBN) Bebe Closing 2017: Mall Chain Plans to Shutter All Stores • Bebe is exploring alternatives to stay afloat (DBN) Payless ShoeSource considering bankruptcy and 500 store closures (DBN) Woes build for stores as shoppers look elsewhere for inspiration (DBN) J.C. Penney store closings latest sign that ecommerce may finally be devastating brick-and-mortar retail (DBN) Five national retailers that are barely hanging on (DBN) ______________ Coal: Peabody's adversary creditors to appeal bankruptcy exit approval (DBN) Peabody Energy: Do The Numbers Work Post-Bankruptcy? (DBN) U.S. Coal Miners Find A New Buyer In Asia (DBN) ______________
	Economy: Claims for US Jobless Benefits Increase to Seven-Week High • Weekly Initial Unemployment Claims increase to 258,000 (DBN) The Gig Economy Celebrates Working Yourself to Death (DBN) Kansas City Fed: Regional Manufacturing Activity "Strengthened Further" in March (DBN) Here are the fastest growing and shrinking counties in America (DBN) Capitalism Will Shrink Inequality. In Fact, It's Happening. (DBN) Bad Trade Policies Are Hurting US National Security (DBN) Snowbelt-to-Sunbelt migration pattern is deepening (DBN) Where the American Dream Lives and Dies (DBN) Brookings Papers on Economic Activity, Spring 2017 (DBN) The South’s Auto Jobs Boom Comes With a Heavy Price (DBN) The GOP wants to take money from Medicare’s trust fund and give it to the rich (DBN) Trump wants to kill an agency that is accomplishing one of his biggest goals (DBN) White Working-Class Death Rate to Be Elevated for a Generation (DBN) Trump Sets Stage for NAFTA Talks as Ross Meets With Lawmakers • Mexico to Walk NAFTA if New Deal Isn't Good (DBN) Trump Readies to Review 14 Trade Deals (DBN) Markets will be 'disappointed' by Trump's policies: former IMF Deputy Managing Director (DBN) The Retirement Car Crash (DBN) US Debt Clock (DBN) World Debt Clock (DBN) Economic Indicators Dashboard (DBN) ______________ Real Estate: Rising interest rates drive prepayment speeds to three-year low • Mortgage rates fall back as investors’ concerns mount (DBN) More Homebuyers Are Turning to Risky Mortgages (DBN) Freddie Mac: Mortgage rates see greatest drop in months (DBN) More Consumers Seek Loan Modifications (DBN) New Home Sales increase to 592,000 Annual Rate in February • A few Comments on February New Home Sales (DBN) Mortgage Delinquencies Declined in February (DBN) A Fed official warns that another real estate bubble could collapse financial stability (DBN) Trump administration starts from scratch on Fannie, Freddie reform (DBN) Here are the top 10 metros for single-family rental investors (DBN) Renters Now Rule Half of US Cities (DBN) Rents in Megacities Can't Go Up Forever (DBN) No Personal Liability for Post-Petition HOA Fees (DBN) ____________ Municipalities: Jones Day hits back at threat of Detroit lawsuit (DBN) Puerto Rico Has U.S. Board's Backing to Redo Utility Debt Deal (DBN) Puerto Rico Looks for Utility Debt Deal Restructuring (Audio) (DBN) Puerto Rico Governor Is Set to Make the Case for Revising Utility Debt Deal (DBN) Report: Puerto Rico municipalities see deep population loss (DBN) Puerto Rican religious leaders ask for US help in debt crisis (DBN) Activists Call For Puerto Rican Debt Oversight Board to Revisit Repayment (DBN) Lead Poisoning in "Dozens of CA. Communities" (DBN) ______________ Oil/Gas: E&P Bankruptcies Tapering Off in 2017 (DBN) Oil Prices Continue To Face Pressure From Brimming Inventories • Oil Rises as US Fuel-Supply Drop Counters Crude-Stockpile Gain (DBN) Ominous For Oil : Days Of Small Shale Producers Coming To An End (DBN) OPEC In Trouble As Saudis Becoming Weary Of “Free Riders” (DBN) How OPEC Shot Itself In The Foot (DBN) All Drill, No Pump: Oil Producers Are Leaving Thousands of U.S. Wells Unfinished (DBN) The Upcoming Surge In U.S. Oil Demand Explained In One Chart (DBN) U.S. oil exports increased, spread across the globe in 2016, EIA says (DBN) Forbes Energy says it's ready to exit Chapter 11 bankruptcy (DBN) Oil recovery trouble spot: Laid-off workers and hiring managers not on the same page (DBN) OPEC Out Of Moves As Goldman Sachs Expects Another Oil Glut (DBN) Are Banks About To Derail The New U.S. Shale Boom? (DBN) Latest Threat to US Oil Drillers: The Rocketing Price of Sand (DBN) Trump strips regulations, oil companies say they have no impact (DBN) Tech Miracle In U.S. Shale Is A Media Myth (DBN) ______________ Asset Protection: Did Delaware just get dissed over the security of trusts? (DBN) ______________ Healthcare: Judge approves $8.1M sale of shuttered St. Joseph's Hospital to a developer (DBN) Trump Issues Ultimatum: Pass this bill or Obamacare stays • GOP Punts On Trumpcare, Delays House Vote • House GOP Postpones Vote on Health Care Bill as Support Dwindles • Why are Republicans moving so fast on health care? • Key to Health Vote, Hard-Line Conservatives Push New Cuts • Koch network pledges to defend Republicans who vote against GOP health bill • Poll: Only 17% of Americans support 'Trumpcare' • Trumpcare Has Seniors Rethinking Early Retirement • The CBO score for the updated version of 'Trumpcare' is out, and it's even worse than the original (DBN) Many lower-income Republicans see ensuring health coverage for all as a government responsibility (DBN) HDL's liquidating trustee settles with some former executives (DBN) Problem with Medicaid Work Requirements (DBN) ______________ Retailing: Here's Why Sears Holdings Finally Admitted the End May Be Near • Fears of a Sears bankruptcy are reignited • Sears' Retirees worry about their Pensions • Sears Is Screwed, But Eddie Lampert’s Gonna Be OK • Here's How CEO Eddie Lampert Could Survive A Sears Bankruptcy Just Fine • Sears' plan to sell brands no salve for financial woes • R.I.P. Sears • Sears has a bigger problem than plunging sales — but nobody's talking about it • Sears Enters Death Spiral: Vendors Halt Shipments, Insurers Bail • With Sears on the brink, what are shoppers to do? (DBN) Uncertainty lies ahead for Gordmans' 5000 employees, but hope isn't lost, experts say (DBN) Amazon has a new weapon in its war on brick-and-mortar retail • Amazon Is Causing Catastrophe By Being the Most Disruptive Force in Retail and Technology Today (DBN) These haunting photos of the retail apocalypse reveal a new normal in America (DBN) Bebe Closing 2017: Mall Chain Plans to Shutter All Stores • Bebe is exploring alternatives to stay afloat (DBN) Payless ShoeSource considering bankruptcy and 500 store closures (DBN) Woes build for stores as shoppers look elsewhere for inspiration (DBN) J.C. Penney store closings latest sign that ecommerce may finally be devastating brick-and-mortar retail (DBN) Five national retailers that are barely hanging on (DBN) ______________ Coal: Peabody's adversary creditors to appeal bankruptcy exit approval (DBN) Peabody Energy: Do The Numbers Work Post-Bankruptcy? (DBN) U.S. Coal Miners Find A New Buyer In Asia (DBN) ______________

The Daily Bankruptcy News is primarily a curated news link gathering service. Most of the headlines contained in the publication are a collection of links to stories posted on the Internet by various third party publications. Such content is owned by third party sources, not The Daily Bankruptcy News, and in some cases, these links change or expire, which means you may not be able to view some news stories in prior editions of the Daily Bankruptcy News. The DBN subscription fee is not a fee for access to the content of the links, but is a charge for the considerable work involved in gathering, organizing and presenting the links. Use of this site and The Daily Bankruptcy News is subject to our Terms of Use. If you received The Daily Bankruptcy News via email (and you have a paid subscription account), to view a news story, click on the headline, and the story should open in your web browser. To view additional stories, click back to the email and click on additional headlines, which will cause new stories to open in your web browser. You can view the Daily Bankruptcy News on the web by clicking here.

Advertising
Advertising is available in The Daily Bankruptcy News. Click here for details Feel free to contact us with any questions.

Passwords/Subscriptions
Access to certain links in The Daily Bankruptcy News is available only to readers holding a paid service subscription. These links are currently marked with a "DBN" notation. The cost of a subscription is $64/year, payable annually. Volume discounts are available for sites with multiple users. Click here to see a schedule of discounts. Complimentary subscriptions are available for full-time educational and governmental employees and for full time students. For information about discounts or educational/governmental subscriptions, contact us by clicking here. A separate password is required for each member of a firm wishing access to restricted links.

New readers can receive a free password good for 30 days by clicking here. 30-day passwords are not available to readers who have previously had a password, even if the password was associated with a different email address used by the reader. Refunds are not available after purchase.

Readers who wish to change their passwords should click here. Readers who have forgotten their password should click here.

Adding Your Email Address To The Distribution List
If you would like to start receiving The Daily Bankruptcy News by email each day, click here, and fill in the information requested. There is no charge to be placed on the distribution list to receive the headlines, although access to many of the links behind the headlines requires a paid subscription (see above, under Passwords). If, after adding your email address to the distribution list, you do not receive an email confirming the addition, please contact us by clicking here for help.

Removing Your Email Address From The Distribution List
If you already receive The Daily Bankruptcy News by email and you wish to remove your email address from the distribution list, click here and send the email that should appear. You do not need to type anything in the body of the email message. Note that the email asking for removal must be sent from the same email address which is on our distribution list. If you do not receive an email confirming deletion of your email address from the distribution list, contact us by clicking here for help.

If receive the publication forwarded from an older email address, you will need to contact us as described below for help removing that older address from our distribution list.

Press Releases/News Tips
Please send press releases and news tips to admin@bkinformation.com

Contact Us
The Daily Bankruptcy News is published each business day by BKINFORMATION.COM, L.L.C. You can reach us at 281-402-3957 or at accounting@bkinformation.com (email inquiries are usually answered substantially more quickly than phone inquiries). Our mailing address is 935 Eldridge Road, No. 350, Sugar Land, Texas 77478.

Law:

Judges:

Wall Street:

Layoffs:

Politics:

Accounting:

Education:

Advertising:

Nuclear:

Economy:

Real Estate:

Municipalities:

Oil/Gas:

Asset Protection:

Healthcare:

Retailing:

Coal: