November 1, 2017

The Daily Bankruptcy News

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Law:

Foley & Lardner, Gardere Mull Potential Merger
(DBN)

Wilmer Hale Partner's $2M Pay, Benefits Disclosed in Social Security Inspector Nomination
(DBN)

$34,400 Missing From Bankruptcy Case as Attorney Vacations in Peru
(DBN)

Artificial Intelligence Beats Big Law Partners in Legal Matchup
(DBN)

Research scientist pleads guilty to using information from wife’s legal work for insider trading
(DBN)

Study Shows Despite Plethora of Policies, Big Law Still Struggles With Gender Diversity
(DBN)

Which law schools have the best professors and classroom experience? New rankings released
(DBN)

Bryan Cave, UK's BLP Target January Merger Date
(DBN)

Trump Lawyer Kasowitz Resurfaces at Charity Event
(DBN)

Law firm settles lawyer’s claim it failed to accommodate her claustrophobia
(DBN)

Two Elite Law Firms Announce 15 New Partners
(DBN)w

Companies Scramble to Deal With Growing Harassment Complaints Harvey Weinstein: London police are now investigating 11 harassment claims made by 7 women NPR Chief on Leave After Abuse Accusation New Allegations Against Spacey, Pivens
(DBN)

Amy Berman Jackson, Judge Assigned to Manafort Case, No Stranger to Spotlight Akin Gump Lawyer Was Compelled to Testify at Manafort Grand Jury Does Paul Manafort’s Attorney Represent Manafort Or Donald Trump? Preet Bharara Reads Bob Mueller’s Tea Leaves Trump calls Papadopoulos a 'low level volunteer' and 'liar' after Mueller's day of indictments How important was George Papadopoulos on Trump's campaign? Papadopoulos: Campaign OK'd Russia Meeting Diving deeper into the George Papadopoulos story Mueller probe interviews top Trump aide, will question Hope Hicks This London-based professor was allegedly a crucial conduit between the Trump campaign and Russia Spiro Agnew's Lawyer: Manafort Will be Fine I've Covered Foreign Lobbying for 20 Years and I'm Amazed Manafort Got Busted How Did Manafort Get Busted? Mueller is Just Getting Started Analysis: It's clear Mueller is just getting started Here's the one thing the Mueller investigation is getting right Where Is Bob Mueller Headed Next? Manafort Gave Wildly Varying Estimates of His Wealth to Banks Former FBI agent says Russia interference began in 2014 Trump won't say whether he'd pardon Manafort Mass Pardons Would Escalate Risks for Trump Trump and his allies are laying the groundwork for a Saturday Night Massacre That Crazy Talk About Robert Mueller Was leak of Mueller probe timeline a crime? Not necessarily Was leak of Mueller probe timeline a crime? Not necessarily Robert Mueller showed he can keep a secret and send a powerful message to Washington Republican Senators Say They Would Resist Any Attempt to Hobble Mueller Probe The Real Promise of the Manafort Indictment Top Democrat says Mueller indictments should be a 'wake up call' to Trump Legal Experts Agree: Mueller Has Only Just Begun Newly unsealed court documents: Manafort and Gates received 'millions of dollars' from 'Russian oligarchs' Manafort's ties to Russian oligarchs make him a flight risk, Mueller says
(DBN)

Mother jailed up to 5 years for brutally beating daughter who incorrectly recited Bible verses
(DBN)

Texas Tricks Law Grads Into Thinking Bar Exam Results Have Been Released
(DBN)

NYPD detectives charged with r----- handcuffed woman in police van
(DBN)

New bill would regulate, but not ban, bump stocks
(DBN)

Dallas Cowboys Fans See Judicial Conspiracy In Elliott Ruling
(DBN)

Trump’s criticism of Bergdahl will be considered as mitigation evidence in sentencing, judge says
(DBN)

8 Killed By New York Motorist in 'Cowardly Act of Terror' This is the suspect in the New York City terrorist attack Sayfullo Saipov Names as Suspect in Truck Attack New York City Attack: What We Know So Far What makes the Halloween truck attack on New York's West Side Highway terrorism Suspect identified — note claims NYC attack was for ISIS 5 Argentinian friends among 8 killed in deadly Manhattan 'terror' attack The suspect in the New York truck attack used to drive for Uber Truck Terrorist Passed Uber Background Check Trump: Time to ramp up 'Extreme Vetting Program' after New York City attack Striking photos show how the New York City terror attack unfolded The everyday reality of European terror has come to the United States
(DBN)

Arrested Utah Nurse Settles for $500,000
(DBN)

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Judges:

En banc 7th Circuit upholds gun seizure in claimed case of ‘parking while black’
(DBN)

ABA Says Husch Blackwell Lawyer 'Not Qualified' for 8th Circuit
(DBN)

Chemerinsky: The myth of ‘plain meaning’
(DBN)

The Seventh Circuit’s War With Judge Posner Really Escalated Quickly
(DBN)

Senate OKs Trump pick for 7th Circuit, despite Democrats' concerns about her religious views
(DBN)

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Wall Street:

Futures point to a sharply higher open ahead of Facebook, Groupon, Tesla earnings; Fed decision eyed
(DBN)

Stocks Close Modestly Higher On Upbeat Earnings News
(DBN)

Wall Street bonuses are on the rise, thanks to the Trump stock market
(DBN)

More than half of October's solid gains came from just five technology stocks
(DBN)

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Personal Finance:

Harvard's longest study of adult life reveals how you can be happier and more successful
(DBN)

What to say when a job interviewer asks, 'Where do you see yourself in 5 years?'
(DBN)

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Politics:

John Podesta: Trump "seems a lot more worried now" than in 2016 How Much Trouble is Tony Podesta In? Trump: Podesta news "has the Dems in a dither" Trump doubles down on "no collusion" claim WSJ backs up Trump, critiques Mueller Mueller is running amok White House: "Most Americans don't care" much about Russia probe Fact check: Team Trump uses inaccuracies in response to probe Russians Only Shopped Emails to Trump Roger Stone's Mueller Plot Makes No Sense White House: We Brought Down Papadopoulos
(DBN)

How Voting in These States Could Be Rendered Meaningless
(DBN)

Democrats Poised to Make Biggest Impeachment Push Yet
(DBN)

Historians on Kelly's Robert E. Lee Remarks: “Strange,” “Highly provocative,” “Dangerous” and “Kind of depressing” John Kelly, there is no compromise with slavery Slavery Thrived on Compromise, John Kelly
(DBN)

The Broken Check and Balance
(DBN)

Chair of House Financial Services Committee will not run for re-election in 2018 GOP Rep. Hensarling will not seek re-election in 2018
(DBN)

Ukraine says it told Facebook about Russia's "information war" in 2015
(DBN)

Lawyer expects Kaepernick to sign with NFL team
(DBN)

I’m a black man who moved to the Deep South. Here’s what it’s teaching me about race.
(DBN)

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Autos:

Tesla's struggling with Model 3 production because of delays at its massive Gigafactory
(DBN)

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Lehman:

Behind Credit Suisse's $1 Billion Lehman Fight, a Risky Trade Credit Suisse Is Starting To Maybe Regret Pawning Off Its Lehman Derivative Claims
(DBN)

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Food/Beverage:

Four Z'Tejas restaurants to close permanently; five to stay open
(DBN)

3 Big Country Dairy Queens close amid bankruptcy Texas Dairy Queen Franchisee Files for Bankruptcy Protection Dozens of Dairy Queens to close after company files for bankruptcy Dairy Queen Franchisee Files Bankruptcy; List of Locations That Will Close
(DBN)

September Restaurant Performance Index Down Slightly From August
(DBN)

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Plastics:

M&G files bankruptcy , puts Corpus Christi plant up for sale M&G Resins declares bankruptcy
(DBN)

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Maritime:

Horizon Shipbuilding files for bankruptcy protection
(DBN)

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Television:

ESPN lost 480,000 Subscribers in October
(DBN)

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Coal:

Are Coal-Fired Power Plants Set For A Boost?
(DBN)

Coal's making a comeback, thanks to 'Trump effect'
(DBN)

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Fraud:

October 2017 Ponzi Scheme Roundup
(DBN)

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Healthcare:

Morehead hospital board choose for-profit group as winning bidder for assets Miami-based for-profit successfully bids for Morehead Hospital in Eden Eden's Morehead Hospital bought by two-week-old Florida partnership
(DBN)

Las Vegas shooting victims struggle to afford mounting medical costs
(DBN)

How to Break an Obamacare Exchange
(DBN)

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Economy:

Jerome Powell, Trump’s pick to lead Fed, would be the richest chair since the 1940s President Trump is expected to pick a new Fed chair. Here's what it means for rates Trump's Likely Fed Chair Could Be Good for Business
(DBN)

Fed statement may have treats for both hawks and doves
(DBN)

The behind the scenes debate dividing the Fed in Yellen's final days
(DBN)

U.S. Manufacturing Is Powering Up, Regional Report Cards Show
(DBN)

Consumer confidence hits highest level since December Gallup: Americans' Confidence in the Economy Steady Last Week2000
(DBN)

Worse than the 1930s: America’s Great Recession and not so great recovery
(DBN)

Most think the ‘American dream’ is within reach for them
(DBN)

US Not Prepared for the Next Recession
(DBN)

Chicago PMI jumps to 6½-year high in October
(DBN)

Surprise! The Economy Is Beating Forecasts Again
(DBN)

Is Rising Consumer Debt a Concern?
(DBN)

The stock market's valuation is back to the point where Greenspan warned of 'irrational exuberance'
(DBN)

Small business wages up a 'nice and stable' nearly 3% this month, says Paychex CEO
(DBN)

What the GOP 'chickens' just don't get about tax reform Trump is pushing an incredibly aggressive timeline for his massive tax plan Trump tax plan has lackluster public support, poll says GOP Nervous on Revealing Tax Bill House Tax Chief Says Plans to Preserve 401(k) Pretax Limits Trump says he wants House to pass tax reform by Thanksgiving House Republicans are delaying the rollout of their massive tax reform bill The House GOP will delay releasing its tax bill until Thursday Tax Bill Delay Deals GOP Setback Even Before ‘Hell Breaks Loose’ GOP tax reform failure would not bother markets all that much, Morgan Stanley says Trump doesn't want "phase in" for biz tax cut The ominous absurdity of Trump's tax cuts Sullivan & Cromwell Partner on Tax Reform Battle New York Lawmaker Says Proposal to Keep Property Tax Break Is ‘Gaining Traction’ Trick or Treat? 5 Tax Reform Proposals Scaring Business Republicans Might Live with the 'Death Tax' After All Failure on tax reform could hurt GOP fundraising for 2018 8 most important things to know about the GOP tax plan Republicans to propose keeping top tax rate for very wealthy, working to win over moderates Why A 39.6% Top Bracket Might Be The Key To Tax Reform Pro-Trump group plans 8-figure ad campaign for tax cuts
(DBN)

Who pays federal taxes, by income
(DBN)

Senate Republican leader says on path toward deal on government funding
(DBN)

Auto Industry Declares War on Trump
(DBN)

NAFTA Exit Way Worse For Mexico Than U.S.
(DBN)

Report: Impact of climate change on humans "potentially irreversible"
(DBN)

The 10 jobs that got the biggest raises in October
(DBN)

Bitcoin futures approval sparks fears: 'The financial crisis all over again'
(DBN)

War on Terror: $250 Million a Day, 16 Years
(DBN)

Nuke Arsenal to Cost $1.2 Trillion Over 30 Yrs
(DBN)

How Billionaire Investors Hedge Against Geopolitical Black Swans
(DBN)

Americans worried technology will kill jobs
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

Home prices reach new all-time highs in August Case-Shiller: National House Price Index increased 6.1% year-over-year in August
(DBN)

Millennials aren't buying starter homes — they're splurging on million-dollar places instead
(DBN)

U.S. Homeownership Rate Since 1965 Q3 2017 Homeownership and Vacancy Rates
(DBN)

Yet more evidence that housing affordability is getting worse
(DBN)

Zillow Case-Shiller Forecast: More Solid House Price Gains in September
(DBN)

Real House Prices and Price-to-Rent Ratio in August
(DBN)

Desperate for workers, this Colorado homebuilder starts a free school
(DBN)

Retail vacancy rate nears 7-year high
(DBN)

Kushner Partner Says Teardown of Fifth Avenue Tower Unlikely Kushner Plan to Tear Down Manhattan Skyscraper 'Not Feasible'
(DBN)

Job Growth Slows Where Housing Costs a Lot
(DBN)

Mortgage lending grows riskier in Texas, Florida after hurricanes
(DBN)

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Municipalities:

Puerto Rico to Redraw Plan for Ending Debt Crisis Due to Storm
(DBN)

How Hurricanes have affected the Puerto Rico status discussion
(DBN)

Puerto Rico's dual crises expose its territorial status
(DBN)

Is Puerto Rico’s Power Company Management an Obstacle to Restoring Island’s Electricity?
(DBN)

Puerto Rico calls on U.S. utilities to help restore power
(DBN)

Puerto Rico is allowing funeral homes to burn the bodies of people killed by Hurricane Maria without counting them in the official death toll
(DBN)

Puerto Rico after Maria, by the numbers
(DBN)

Legal Theorists Promote a New Approach: Dictatorship for Democracy
(DBN)

Puerto Rico oversight panel asks for draft turnaround plan by Dec. 22 Puerto Rico oversight panel to work on new fiscal plan for island
(DBN)

Puerto Rico Fears Provide Opening To Buy Assured Guaranty
(DBN)

US Virgin Islands Still Can't Get Food Aid
(DBN)

Hartford on The Brink of Bankruptcy (Audio)
(DBN)

Mayor Bronin says bondholders must still be part of solution to Hartford budget crisis
(DBN)

Connecticut Budget Saves Hartford Bankruptcy, Leaves Out Small Towns
(DBN)

State approves $3.2M loan to Gary schools
(DBN)

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Oil/Gas:

U.S. Shale Could Bring Bearishness Back To Markets
(DBN)

The Fracking Boom’s Midlife Crisis
(DBN)

Oil has 'gotten ahead of itself.' Here's what could drag it back down to the $40s Cautious Optimism Keeps Oil Over $60 Oil Sees Its Longest Rally in Three Months
(DBN)

OPEC oil output falls in October led by drop in Iraqi exports
(DBN)

Alaska Watchdog Orders Oil Well Shut-Downs
(DBN)

Saudis Need $70 Oil To Break Even
(DBN)

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Pharma:

A lawsuit over price fixing by drugmakers is being massively expanded and shares of Mylan are plunging Connecticut AG on generic drug price-fixing suit: 'This is just the tip of the iceberg' 46 state AGs triple size of generic drug price-fixing suit, targeting more companies, drugs and executives
(DBN)

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Solar:

Trade panel recommends solar module tariffs U.S. trade panel recommends varying solar panel import restrictions America's Solar Industry Deserves To Choose Its Own Path For Growth To Protect U.S. Solar Industry, Trade Body Recommends Tariffs and Import Restrictions Solar industry relieved after trade commission makes flexible recommendations to Trump
(DBN)

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Retailing:

Sears Depletes $200 Million Loan in Latest Sign of Cash Burn Sears' CEO just gave the company another $60 million lifeline — and the loans are adding up $60 million loan is Sears' 3rd time tapping CEO's pockets this month Sears Is Already Dead Inside the Decline of Sears, the Amazon of the 20th Century
(DBN)

J.C. Penney pins holiday hopes on Lego partnership J.C. Penney Feared Next Retail Bankruptcy 2017 After Disappointing Outlook
(DBN)

Charming Charlie seeks loan ahead of holidays
(DBN)

Walmart Steps Up Toy Push As Toys R Us Faces Bankruptcy Wal-Mart will hold parties — yes, parties — in its stores this holiday season
(DBN)

Under Armour, faltering, cuts its outlook and shares plunge Under Armour's terrible year just got worse Under Armour CEO Loses $2.5 Billion After Stock Plunge
(DBN)

Retail : A White Christmas…Or a Lump of Coal?
(DBN)

The Myth of the Retail Apocalypse
(DBN)

The death and life of mom-and-pops
(DBN)

Iconix: Time To Sell Your Crown Jewels
(DBN)

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Education:

Students gouged by for-profit schools could soon be out of luck
(DBN)

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New Bankruptcy Opinions
(5 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 (4 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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Third Party Releases:

Bankruptcy Court Had Constitutional Adjudicatory Authority Under Stern to Approve Nonconsensual Third-Party Releases
(DBN)

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Cross-Border:

Units of Italy's Mossi Ghisolfi files for U.S. bankruptcy
(DBN)

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SCOTUS:

Oral Argument Transcript From U.S. Bank National Association v. Village at Lakeridge (appellate standard for review of non-statutory insider adjudication)
(DBN)

U.S. Supreme Court Hears Argument Today in Case Involving the Proper Determination of a Non-statutory Insider
(DBN)

Justices unsure whether to resolve case about standard of review for findings of insider status
(DBN)

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Agriculture:

Grassley Discusses Farm Bankruptcy Bill
(DBN)

ADM says profit tumbles and issues gloomy view; shares drop
(DBN)

Congress Approves Tax Relief for Chapter 12 Family Farmers
(DBN)

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Miscellaneous:

Bankruptcy 2017: Views from the Bench
(DBN)

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Interest:

Second Circuit Applies Market Rate to Cramdown Chapter 11 Plan
(DBN)

Second Circuit Requires Consideration of Efficient Market for Chapter 11 Cramdown Interest Rate s
(DBN)

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Awards:

U.S. News–Best Lawyers Release 2018 “Best Law Firms” List Bankruptcy Law Firm Rankings
(DBN)

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Mediation:

A Futile Attempt at Ignoring Mediation Obligations
(DBN)

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Jury Trial:

Bankruptcy Trustees are Entitled to Jury Trials Too?!
(DBN)

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Baseball:

The Los Angeles Dodgers in October: Bankruptcy Edition
(DBN)

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Weather:

Texas Wants Billions More in Harvey Aid
(DBN)

Claims losses from California's wildfires top $3 billion; state says some insurers may exit
(DBN)

??California's wildfires, by the numbers
(DBN)

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Aerospace:

The space industry will be worth nearly $3 trillion in 30 years, Bank of America predicts
(DBN)

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Distressed Investing:

This area of the market has ‘rallied relentlessly,’ and Fundstrat's Tom Lee says it’s getting him 'very nervous'
(DBN)

So, Is the High Yield Market Efficient?
(DBN)

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Aviation:

Dynamic Airways Lines Up New Bankruptcy Loan
(DBN)

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Diamonds:

KBC Questions Exelco’s US Bankruptcy Move
(DBN)

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Entertainment:

Weinstein Company could be forced into bankruptcy : source
(DBN)

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Banking:

Cecil Bank parent co. exits bankruptcy , raises $30M
(DBN)

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Debt Collection:

Indiana District Court Adopts Supreme Court's Analysis of Definition of a Debt Collector
(DBN)

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Travel:

Thanksgiving flights to carry record number of flyers
(DBN)

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Telecoms:

Avaya can begin seeking creditor votes on new bankruptcy exit plan
(DBN)

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Celebs:

Riches to Rags: 50 Cent’s Efforts to Get Solvent or Die Tryin’
(DBN)

The first Scientologist with ‘Super Power’ gets super spanked by bankruptcy judge
(DBN)

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UK:

Forget Brexit, a s-- scandal is threatening to engulf the UK parliament
(DBN)

RBS told to get act together on compensating small businesses
(DBN)

Brexit has already cost households over £600 per year
(DBN)

Analysts are unanimous: The Bank of England will raise interest rates for the first time in 10 years
(DBN)

UK interest rates rise could send thousands of companies to the wall
(DBN)

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PIIGS:

Catalonia's deposed president is going to try to run the region from Brussels Madrid summons Catalonia's leader in exile to testify in court
(DBN)

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Canada:

Canadian Financial Institution Resolution Stay Powers Getting a Makeover
(DBN)

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Russia:

Bankruptcy Proceedings in Russia: An Analysis of Insolvency Statistics
(DBN)

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Kenya:

Liquidate Nakumatt to end its debt misery, demand creditors
(DBN)

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India:

Will existing promoters play spoilsport under the bankruptcy code?
(DBN)

India climbs global business ranking. But it's not that simple India hits a century in World Bank's ease of doing business rankings
(DBN)

Ease of Doing Business: Cleanup of business failures led to the big success
(DBN)

12 large defaulters case: Banks want 3 more months from NCLT
(DBN)

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North Korea:

Merchants in China Scramble to Collect Debts Before Beijing Expels North Korean Traders
(DBN)

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Venezuela:

Venezuela Bond Holders Are in the Dark on PDVSA Payment Status
(DBN)

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