November 14, 2017

The Daily Bankruptcy News

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Law:

Report: Law Firms Jacking Up Rates, Demand Flat
(DBN)

BigLaw salary hikes might bite into firms' profits
(DBN)

How Well Did Biglaw Perform Financially In The Third Quarter?
(DBN)

Law Students Think Alcohol Ban Will Affect Job Placement, Law School Ranking
(DBN)

The 10 Best Free Things Available On The Web!
(DBN)

First Look At New Survey Of Solo And Small Firms
(DBN)

Law firm's failure to prosecute client's legal malpractice claims arising from bankruptcy case prompts litigation
(DBN)

Unhappy Hour: Law Firms' Drinking Culture Amplifies Sexual Harassment Problems
(DBN)

How To Find And Keep The Perfect Mentor
(DBN)

Scientific Proof That Lawyers Are Incredibly Useful
(DBN)

Perkins Coie Hires 'Wolf of Wall Street' Prosecutor
(DBN)

Barred From the Bar: The Winding Road From Prisoner to Lawyer
(DBN)

The Top 40 U.S. law faculties in terms of scholarly excellence, 2017 edition
(DBN)

Top U.S. law firms are setting the standard for LGBTQ workplace equality and inclusion, the civil rights group Human Rights Campaign announced
(DBN)

This Biglaw Partner’s Insulting Appearance On Fox News
(DBN)

Don't download the iPhone X 'Notch Remover' app everyone is talking about
(DBN)

George Papadopoulos told a senior Trump adviser he had an 'interesting message' from Russia — a day after learning of Clinton 'dirt' • Gen. Flynn's Legal Problems are Dire • Watergate Prosecutors Believe Collusion Evidence Exists
(DBN)

2 US Navy SEALs suspected of killing an Army Green Beret could face the death penalty
(DBN)

9th Circuit partly allows third travel ban to take effect
(DBN)

New charges filed in horrifying 'Gauntlet' death after video shows frat brothers allegedly giving a pledge 18 drinks in 90 minutes
(DBN)

Menendez jury says it's deadlocked • Amid Deadlock and Juror Remarks, Is Menendez Trial Foundering?
(DBN)

Ticket-fighting startup sues the Florida Bar and a law firm for alleged anti-competitive conduct
(DBN)

Congress Turns Up the Heat on Sessions
(DBN)

Sessions is considering appointing a second special counsel to investigate Clinton allegations
(DBN)

7th Circuit upholds topless ban, says painted-chest protest wasn’t sufficiently expressive
(DBN)

Steve Jurvetson is out at his own venture capital firm after allegations of harassment
(DBN)

Who's Getting the Legal Work as Weinstein, #MeToo Roil Hollywood • The Harassment Dilemma • Another Girl Groped by George H. W. Bush • Silicon Valley firm severs ties with co-founder Steve Jurvetson over allegations of misconduct • He Doth Brotest Too Much • After Weinstein, Hollywood launches anti-harassment hotline • 'One Tree Hill' Cast, Crew Accuse Creator of Harassment • Oil Tycoon Demanded Sex from Employees
(DBN)

Durst Case: Detective Will Testify for Defense
(DBN)

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Judges:

A Few Predictions for Justice Gorsuch’s Bankruptcy Jurisprudence
(DBN)

White House reportedly mulls asking judicial nominees to refuse interviews with ABA for ratings
(DBN)

Trump Choosing White Men as Judges, Highest Rate in Decades
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Wall Street:

 

U.S. stocks close slightly higher, tax-cut worries cap upside
(DBN)

Traders hate GE's turnaround plan • GE shares plunge 8% for biggest decline since housing recession after turnaround plan unveiled • GE's dividend cut is the largest ever by a US company outside of the financial crisis
(DBN)

Wall Street Bonuses Likely to Rise This Year • Wall Street bankers got some very good news about their bonuses • Wall Street bonuses may jump 10 percent this year
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Layoffs:

AI will obliterate half of all jobs, starting with white collar, says ex-Google China president
(DBN)

Self Driving Trucks Closer Than Thought
(DBN)

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Politics:

McConnell says he believes Roy Moore's accusers and calls for him to step aside • Mitch McConnell: I Believe the Girls, Roy • Mitch McConnell Believes the Women. Good for Him. • Roy Moore fires back at McConnell: 'The person who should step aside is Mitch McConnell' • Here's how advertisers have responded to Hannity's coverage of the Roy Moore allegations • Woman accuses Roy Moore of trying to rape her when she was a teenager • Report: locals say Roy Moore was banned from an Alabama mall • Roy Moore supporter compares abuse to stealing a lawn mower • Another Woman Accuses Roy Moore • The Resurrection of Roy Moore • New Accusation Escalates Moore’s Fight With GOP Leaders • Roy Moore faces deepening allegations, dwindling allies • Four senators have pulled their endorsements of Roy Moore • Carson backs away from support for Moore • If Roy Moore Isn't Rock Bottom, What Is? • ‘Threatens To Sue’ Is The New ‘Strenuously Object’ • If Roy Moore Wins, Senate May Expel Him • Republican senators are in a full-blown panic about what happens if Roy Moore wins • 'You're Just a Child ... No One Will Ever Believe You'
(DBN)

Trump's Insults at a Distance, Praises Up Close • ‘They Want to Know If Trump’s Crazy’ • The Senate will challenge Trump's ability to use nuclear weapons whenever he wants • Trump boasts that his approval ratings may be as high as around 50%
(DBN)

Keurig's CEO apologizes for 'taking sides' as conservatives smash its machines to defend Sean Hannity • Keurig Seems to Have Made Things Worse • Sean Hannity May Indeed Have An Advertiser Problem
(DBN)

Mark Cuban: If I Were President
(DBN)

Joe Biden: I 'honest to God' don't know if I'll run for president in 2020 • Let's end the 'Joe Biden for president' delusion right now
(DBN)

Who plays more golf: Trump or Obama? Who plays more golf: Trump or Obama?
(DBN)

The Secret Correspondence Between Donald Trump Jr. and WikiLeaks • Wikileaks Urged Trump Jr. to Encourage 'Rigged' Claims • Donald Trump Jr.’s Secret WikiLeaks Relationship Is Unveiled
(DBN)

Supreme Court agrees to review law banning political apparel at polling places
(DBN)

How American politics went crazy, starting with Newt Gingrich
(DBN)

Bill Clinton: A Reckoning
(DBN)

Justice Dept. May Look Into Clinton's Uranium One Role
(DBN)

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Celebs:

Shaq has a simple piece of advice for NBA players who don't want to lose their millions
(DBN)

9 Celebrities Who Live Below Their Means
(DBN)

Johnny Depp sells fifth and final penthouse
(DBN)

These Celebrities Faced Bankruptcy and Personal Ruin but Roared Back
(DBN)

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Travel:

5 things you should know if you're flying private for the first time
(DBN)

Unwrapping upgrades: How to give the gift of more bearable air travel
(DBN)

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Retailing:

Kohl’s, Macy’s lost millions to hurricane closures, but their problems run deeper
(DBN)

Wal-Mart is having its best year since 1999 • Walmart just struck another deal that confirms the death of America's middle class as we know it
(DBN)

Home Depot beats across the board and raises its forecast
(DBN)

Target CEO says he still sees many opportunities in retail
(DBN)

Brookfield wants to buy mall owner GGP for $14.8 billion as the retail apocalypse intensifies
(DBN)

Amazon or Walmart? Some retailers are choosing alliances
(DBN)

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Currency:

Bitcoin Bandit Mark Karpeles to Become Filthy Rich From $7 Billion Lost From Mt. Gox Exchange • Bitcoin Bankruptcy Wasn't Really a Bust
(DBN)

Man Threw Away Hard Drive With Key To $52.7 Million In Bitcoin On It
(DBN)

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Books:

World's largest collection of manuscripts from bankrupt firm Aristophil to be sold in Paris
(DBN)

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Economy:

Senate conservatives to test Powell’s willingness to tame what they see as a Fed run amok
(DBN)

Powell Wants to Change How the Fed Communicates
(DBN)

It looks as if Janet Yellen issued a point-by-point rebuke of Trump without ever mentioning his name
(DBN)

Wall Street bonuses jump 10% under Trump, but employee wages are stagnant
(DBN)

Free Money: The Surprising Effects of a Basic Income Supplied by Government
(DBN)

Orders to ban rogue directors increase seven-fold
(DBN)

Here are the seven Fed speeches that matter this week
(DBN)

Here’s Where the GOP Tax Plan Stands Right Now • These Unruly GOP Tax Factions Could Upend Senate Proposal • Silicon Valley is freaking out about this provision in the Senate tax bill regarding stock options • The new Republican tax bill could punish employees for stock options they haven't cashed in yet • Analysis finds House bill tax changes larger for the wealthy • Trump calls for major last-minute changes to GOP tax plans • Virtually All Middle Class Taxpayers To See Tax Cut In Senate Tax Plan • Does the Middle Class Really Win Under the Senate Tax Plan? • Trump weighs in on Republicans' tax bills, possibly throwing a monkey wrench into their plan • Republican Class Warfare: The Next Generation • Tax Overhaul May Be Boon to M&A Despite House, Senate Conflicts • How the Republican tax-code revamp would impact America’s middle class • Republicans are kicking their tax reform push into high gear • House Won't Accept Repeal of Local Tax Break, Brady Says • Senate tax tweak would curb pretax 401(k) catch-up contributions • Jeb Bush says passing temporary tax cuts would be 'stupid' • Byrd Rule Rattles Senate as House Nears Tax Vote • Senate tax bill would make taxes jump for many earning under $200,000, analysis says • It’s time to kill the tax that gave us marriage equality, says Log Cabin Republicans president • Here are the winners and losers of the Senate tax plan • GOP Needs Biased Analysts to OK Tax Plan • Tax Reform Is Splitting the GOP. It’s Happened Before. • Robbing Blue States to Pay Red • How much punch will the economy get from tax reform? • GOP Tax Plan Won't Unleash Growth • Tax Bill Could Increase Worker Status As Contractors, Decrease Benefits And Protections • Wider U.S. Budget Deficit in October Underscores Tax Cut Anxiety • Trump on Tax Bill: Bigger Cuts for the Rich • Mnuchin Stands by Trump That GOP Tax Cut Is Biggest Ever
(DBN)

Results Of Wharton Study Seem To Indicate That Steve Mnuchin Is Full Of It
(DBN)

Strategist Jim Paulsen warns that returns are about to shrink as Fed 'juice' runs dry
(DBN)

Experts worried Trump would scare away international students — now, the first numbers are out • Why fewer first-time international students are coming to the U.S.
(DBN)

The next big worry for markets — trade wars • Trump's Trade Swagger Leaves Markets Unimpressed
(DBN)

Trump’s trade deals with China offer little new
(DBN)

U.S. Heavy Truck Sales up Year-over-year in October
(DBN)

A Century of America's Top 10 Companies, in One Chart
(DBN)

The fastest-growing jobs in America pay about $22,000 per year
(DBN)

US Debt Clock
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World Debt Clock
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Real Estate:

Do this if you want to escape the GOP cap on mortgages
(DBN)

"Mortgage Rates Sideways to Slightly Higher"
(DBN)

Bankrupt Dallas billionaire Sam Wyly's Highland Park mansion is sold
(DBN)

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Municipalities:

Who's in Charge of Puerto Rico ? A Manhattan Judge Gets to Decide
(DBN)

Judge: Outsider will not oversee Puerto Rico power company
(DBN)

Puerto Rico Seeks $94 Billion in U.S. Aid for Hurricane Recovery
(DBN)

Puerto Rico Court Win Strengthens Hand as $94 Billion Aid Sought
(DBN)

New 'day one' for Puerto Rico grid repair, 7 weeks after storm
(DBN)

Lights Off in Puerto Rico As Power Outages and Dirty Water Plague Islanders After Hurricane Maria
(DBN)

Elon Musk's plan won't solve Puerto Rico's power problems
(DBN)

The Lineman Got $63 an Hour. The Utility Was Billed $319 an Hour • Whitefish Energy milked Puerto Rico for millions: report • Puerto Rico creditors to get documents on PREPA -Whitefish deal • Two energy companies investigated for contracts with Puerto Rico • Head of Puerto Rico emergency management resigns amid Whitefish controversy
(DBN)

Puerto Rico's Other No-Bid Contractor Says It's No Whitefish
(DBN)

Puerto Rico Is Still Mostly Powerless After Canceling a Controversial Energy Contract
(DBN)

How Puerto Rico Became Easy Prey for Profiteers
(DBN)

Powerful Interests Seek to Make Puerto Rico the Hong Kong of the US
(DBN)

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Oil/Gas:

Idan Ofer's Pacific Drilling files for bankruptcy
(DBN)

Oil prices steady near two-year highs as geopolitics offset US supply • OPEC points to a larger 2018 oil supply deficit as the market tightens
(DBN)

GulfMark officials financially stronger exiting the industry
(DBN)

Pacific Drilling Files For Bankruptcy Without A Plan • Pacific Drilling Files Ch. 11 Bankruptcy in New York
(DBN)

OPEC Sees Oil Demand Soaring In 2018
(DBN)

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Hotels:

Loveland Embassy Suites' owner files for bankruptcy protection
(DBN)

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Artifacts:

Civil rights, Motown items at issue in bankruptcy case
(DBN)

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Personal Finance:

I took a neuroscientist's advice for saving money and it's transformed my finances
(DBN)

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Forex:

Global Brokerage expects to commence Chapter 11 bankruptcy case by December 20
(DBN)

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Toys:

Why Toys R Us’ bankruptcy could be a gift for Hasbro’s acquisition plans of Mattel • For Hasbro and Mattel, the timing may be right • Hasbro-Mattel Deal? It Just Makes Sense • Why Does Hasbro Want to Buy Mattel?
(DBN)

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Marijuana:

Is This The Lawsuit That Will Bring Medical Marijuana Legal Across The Nation?
(DBN)

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Coal:

Evidence Mounts That Coal, Nuclear Interests Influenced Perry’s Grid Resiliency Rule
(DBN)

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Student Debt:

Behind the Lucrative Assembly Line of Student Debt Lawsuits
(DBN)

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Bankruptcy Crimes:

Swiss Citizen Serves 11 Months For Bankruptcy Perjury
(DBN)

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Radio:

WPRO’s Parent Company May Enter Bankruptcy
(DBN)

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Aviation:

High Point airline's largest unsecured creditor pushes for liquidation
(DBN)

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Accounting:

Half of accountants unhappy at work
(DBN)

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New Bankruptcy Opinions
(6 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (62 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (3 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 Rules:

Information Regarding Federal Rules of Bankruptcy Procedure Changes Effective December 1, 2017
(DBN)

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TBTF:

Senate lawmakers strike deal to free dozens of large banks from rigorous post-crisis rules • Banks Closer to Winning Regulatory Relief After Senate Deal
(DBN)

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Ch. 13:

New Nevada Chapter 13 Plan Form
(DBN)

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Discharge:

Stockbroker’s Bad Investment Strategy Not Fraudulent Conduct
(DBN)

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UCC:

Tracing Equity: How the Bankruptcy Code Respects State Law Entitlements
(DBN)

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Safe Harbors:

FTI Argument Analysis: Justices Dubious About Limiting Bankruptcy Court’s Right to Recover Fraudulently Transferred Assets
(DBN)

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Radio:

November 8th, 2018: iHeartMedia Declares Bankruptcy
(DBN)

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Disruption:

Here are the consumer industries Amazon will crush next: Bernstein
(DBN)

Tesla’s electric truck is a shot at a $30 billion market
(DBN)

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Healthcare:

UNC Health Care ups bid for Morehead Hospital in Eden • UNC Health Care To Acquire Bankrupt Eden Hospital
(DBN)

Trump’s pick to lower drug prices is a former pharma executive who raised them • Trump’s HHS pick unlikely to crack down on drug prices
(DBN)

Here's what Trump is doing on mental health after the Texas shooting
(DBN)

Thirty Million Americans Just Got High Blood Pressure
(DBN)

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Fraud:

Former Foley & Lardner LLP partner Walter "Chet" Little pled guilty in Manhattan federal court on Thursday to a charge of conspiracy to commit securities fraud
(DBN)

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Climate:

The U.S. just suffered through the most destructive weather in 90 years
(DBN)

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Entertainment:

Weinstein Company Trying to Sell 'Paddington 2' Before Bankruptcy Filing
(DBN)

Forecasting Weinstein Bankruptcy , Lender Cries Default
(DBN)

Weinstein Co. Lender Sues to Recover $45 Million Loan
(DBN)

Goldman Sachs marks stake in Weinstein Co down to zero: source
(DBN)

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Autos:

Ride-Hailing Boom Will Mean Decades of Slow Growth for Carmakers
(DBN)

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UK:

A Fight Over the Runway – Monarch Administrators Lose High Court Battle
(DBN)

Pension power: Lifeboat head on Sir Philip Green, overseas dumping and why the PPF has more clout than many people think
(DBN)

Insolvency litigators turning to third party funding
(DBN)

Jenny Yang -v- (1) The Official Receiver (2) Manchester City Council (3) Joanne Sara Wright (former trustee in bankruptcy for Jenny Yang)
(DBN)

High street stores are closing at their lowest rate in seven years
(DBN)

The EU is preparing to delay the next stage of Brexit negotiations
(DBN)

Theresa May's cabinet is tearing itself apart over who is in control of Brexit
(DBN)

One in five European NHS doctors plans to quit the UK after Brexit
(DBN)

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PIIGS:

Italy: The liability of non-executive directors
(DBN)

From Sicily, a Voice of Discontent to Scare All Italy
(DBN)

Why It’s Not Over in Catalonia
(DBN)

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India:

SEBI Withdrew Loan Default Disclosure Circular As Banks Sought More Time
(DBN)

Insolvency Code: Stricter norms for rescue plan applicants a right step
(DBN)

Big tweak in insolvency law on cards, defaulters may be barred from bidding
(DBN)

Vedanta submits initial EoI for Jaypee Infratech
(DBN)

RCom sets up trial run for Indian bankruptcy rules • Reliance Communications defaults a test case for India’s new bankruptcy laws • Reliance Communications Defaults in High-Profile India Test
(DBN)

Banks sell only 20% of bad loan assets to ARCs as they bet on better value from insolvency courts
(DBN)

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MENA:

Inside the rapid rise and unprecedented power grab of Saudi Arabia's millennial crown prince
(DBN)

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Malaysia:

Number of Malaysians under 30 declared bankrupt falls
(DBN)

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Venezuela:

Venezuela to go bankrupt in 48 hours triggering $60billion global financial crisis
(DBN)

Venezuela’s Bondholder Meeting Is a Bust as S&P Declares Default
(DBN)

Venezuela offers chocolates but little else to creditors
(DBN)

Why Venezuela Is Getting Increasingly Desperate
(DBN)

Venezuelan Oil Output Drops To Lowest In 28 Years
(DBN)

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Australia:

Bankruptcy hits hard
(DBN)

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Africa:

Funders wash hands of Eskom
(DBN)

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Brazil:

Brazil's Oi focused on creditors meeting, not on new investors -CEO • Outside investors distract from Oi restructuring -CEO
(DBN)

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