November 3, 2017

The Daily Bankruptcy News

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Law:

Simpson Thacher Recruits Sullivan & Cromwell Restructuring Partner
(DBN)

Paul Hastings Continues Growth in London with Restructuring Partner
(DBN)

The Sometimes Murky Path to Partnership
(DBN)

Ex-Akin Gump Partner To Plead Guilty Over Plot To Sell Whistleblower Complaints • Lawyer in Wig Who Peddled Secret U.S. Suit to Plead Guilty
(DBN)

It's Lonely at the Top for Big Law's Few Black Leaders
(DBN)

The Law Schools With The Most Competitive Students (2018)
(DBN)

Holy Guacamole! Foley Considers Tex-Mex Flair
(DBN)

Global Love Your Lawyer Day slated for today
(DBN)

Vorys Sater Names Sixth Managing Partner in 108-Year History
(DBN)

As Womble Bond Dickinson Goes Live, Winston the Bulldog Goes Down
(DBN)

Latham Hires Away DLA Piper Co-Chair • Latham Steals DLA Piper’s Global Co-Chair • What Does Global Co-chair Juan Picon's Defection Mean for DLA Piper?
(DBN)

Former MoFo Chair Turns to Legal Recruiting
(DBN)

Ex-Linklaters Lawyer Tied to Insider Trading Case Plans to Restart Legal Career
(DBN)

What do clients want from law firms? More innovation.
(DBN)

Automation could lead to 67,000 job losses, Law Society predicts
(DBN)

Chief defense lawyer for Gitmo military commissions is sentenced for contempt • Guantanamo case turmoil deepens; general in contempt • A Gitmo judge has ordered a Marine general to be confined after a dispute over surveillance in USS Cole case • Marine general seeks release, tests conviction
(DBN)

Apple's iPhone X is now available for purchase • Thousands are lining up for the iPhone X around the world — here are some extreme examples • Thieves steal more than $300,000 worth of new iPhones from a truck in San Francisco • Apple blows past Wall Street expectations as the iPhone 8 becomes a surprise best-seller
(DBN)

New York terror suspect wanted to cause more carnage, fly ISIS flag, officials say • Jeff Sessions: Justice Department investigating 'hundreds' of refugees for terrorism-related offenses • No One Can Confirm Trump's Claim That The NYC Attack Suspect Brought 23 People To The US • What Was Found in NYC Terrorist's Truck • WH Fact Check: "Diversity visa immigrants are not vetted" • The Diversity Visa Program Makes No Sense • We Need the Diversity Visa Lottery • Trump's death penalty tweets will likely throw a huge wrench in the NYC terror suspect's case
(DBN)

Vegas Attack Motive: Gunman Was Depressed, Losing Cash
(DBN)

Meet the Judge Presiding Over the Manafort and Gates Case • DC Judge Sets No-Nonsense Tone in Manafort Hearing • Fox News Chewed Out for ‘Attack’ on Black Judge in Manafort Case • Manafort Lawyer's Sidewalk Speech Draws Trial Judge's Rebuke • Judge Admonishes Manafort Lawyer: This is Not ‘Public Relations Campaign’ • Judge mulls gag order in Manafort, Gates case • 58% of Americans approve of Mueller's Russia probe • Mueller's Definition of 'Collusion' Will Be Clear • Can We Please Stop Talking About ‘Collusion’? • Manafort Has Link to Organized Crime • Grand Jury Docs Have Been Unsealed, and It’s Looking Even Worse for Manafort • Trump: "I'm very unhappy" Justice Dept. isn't going after Clinton • A Note of Caution for Robert Mueller: The Attacks on the Special Counsel are Working • The financial lessons behind the allegations against Paul Manafort • The Problem With Compelling Lawyers To Give ‘Direct Evidence’ Against Their Clients • A Question of Privilege: How Mueller Used Manafort’s Own Lawyer As A Witness Against Him
(DBN)

Sessions under renewed scrutiny on Capitol Hill • Report: Sessions knew of proposed campaign meeting with Putin • Mueller Revelations Put Sessions in Awkward Political Position • Franken Blasts Sessions for Lying • Sessions now says he was aware of Papadopoulos-Russia contacts — contradicting his sworn testimony: report
(DBN)

Bump stocks are back on the market one month after the Las Vegas shooting
(DBN)

‘9 Tips To Avoid Being A Workplace Harasser’: A Woman Lawyer’s Critique (Part I) • Kevin Spacey gets dropped by his agent and publicist after 'House of Cards' employees accuse him of assault • Warners Cuts Ties with Director Brett Ratner • How late is too late to turn someone in for assault? • 8 'House of Cards' employees accuse Spacey of harassment, assault • Wake Up, Boardrooms. Harassment Is Your Problem • Another NPR Employee Had Been Accused of Harassment • Lawmakers allege harassment on Capitol Hill • Dark Side at Fidelity: Women Describe a Culture of Revenge
(DBN)

The Uneven Playing Legal Field
(DBN)

Male lawyers get promoted over women, McKinsey says
(DBN)

Trump’s Lawyers Say Calling Women Liars Over Sexual Harassment Was Politics • Trump brief argues sexual misconduct denial is protected political opinion, seeks suit dismissal
(DBN)

CA: Black girl violently assaulted on high school campus after asking white students not to use n-word
(DBN)

‘I’d Like to Be on the Firing Squad’: Fmr Police Chief Compares Black People to ISIS
(DBN)

Panhandler kidnaps, beats and robs 77-year-old after $5 handout wasn't enough
(DBN)

D. B. Cooper: More Evidence?
(DBN)

Gunman Sought In Ohio McMuffin Rage Incident
(DBN)

Too Hot To Convict? ‘Attractive’ Accused Killer ‘Distracts’ Potential Juror
(DBN)

Firm overrun with mice
(DBN)

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Judges:

PR BK Court Back In Business Soon
(DBN)

Detroit bankruptcy court to beef up its bench
(DBN)

Profile of Judge Sheri Bluebond
(DBN)

Clarence Thomas Speaks: Gorsuch Is a 'Good Man' • Is Gorsuch ruffling feathers? Thomas calls his new colleague ‘a good man’
(DBN)

Judge is accused of saying he feared catching HIV from pro se defendant’s motions • Judge Allegedly Refused To Read Pro Se Litigant’s Motions
(DBN)

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Wall Street:

Futures point to a slightly higher open ahead of bumper earnings, US jobs data
(DBN)

S&P 500 falls on disappointment with some of the tax bill's details • Stocks Closed Mixed After Trump Names Powell To Head Federal Reserve
(DBN)

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Layoffs:

AmeriHealth departure means 400 Iowa layoffs
(DBN)

More than 300 UnitedHealthcare Phoenix employees to be laid off
(DBN)

Jeffboat to layoff 278
(DBN)

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Coal:

Trump Wants to Save Big Coal With $11 Billion Annual Bailout
(DBN)

Armstrong Energy Prepackaged Bankruptcy
(DBN)

Sen. Cantwell: Bringing coal back "from the grave" isn't the future
(DBN)

Renewables beating coal and nuke power on costs
(DBN)

Coal Miners Rejecting Alternative Training
(DBN)

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Politics:

A 'digital hit list' and new DOJ findings offer the clearest evidence yet that Russia hacked the DNC
(DBN)

Gary Cohn Says He’s Still a Democrat
(DBN)

A Twitter employee on their last day of work took down Trump's account for 11 minutes • Here's what's really terrifying about the Twitter employee who temporarily disabled Trump's account on his last day
(DBN)

Trump Administration Most Corrupt In History
(DBN)

'I'm the only one that matters': Trump disregards State Department's unfilled positions • Trump: We'll See if Tillerson Lasts
(DBN)

'Comey's leadership was a disaster!': Trump rails against James Comey's tenure at FBI
(DBN)

House Republicans keep announcing 2018 departures • Lamar Smith is latest House Republican to announce retirement
(DBN)

Blue states will be hit hardest by GOP tax plan’s limits on deductions
(DBN)

Senators create bogus Facebook group to show how easy it is to spread fake news • Facebook now says as many as 60 million of its accounts are fake • 18 political ads you may have seen on Facebook that were actually made by Russian trolls
(DBN)

What Goes Into an Ivanka Trump Appearance?
(DBN)

Rick Perry: "science is out" on man-made climate change
(DBN)

Republicans' tax plan would let clergy endorse candidates from the pulpit
(DBN)

Ivanka Trump Used Private Emails With Treasury
(DBN)

Trump agriculture nominee Sam Clovis confirms he has no hard-science credentials, withdraws over ties to Russia probe
(DBN)

Declining Confidence in Trump; Low Ratings for Congressional Leaders
(DBN)

The DNC is having a very bad week • Hillary's Secret Takeover of the DNC • Donna Brazile: Clinton campaign rigged the DNC • Warren: Clinton rigged the nomination process • Did Hillary’s rigging at the DNC push Biden out of the race? • Inside Hillary Clinton’s Secret Takeover of the DNC
(DBN)

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Personal Finance:

Harvard Business Review: Marry someone who supports your career—or don’t get married
(DBN)

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Economy:

Trump taps Jerome Powell as Fed chair • Mr. Under the Radar: Powell, Trump's Fed Pick, Signals Continuity • Powell has a hole in his resume — how he handles it will be the story of his Fed chairmanship • Shocking: Trump Makes the Right Choice With Jerome Powell • What Jerome Powell means for your wallet • Trump Has $340 Million of Debt Linked to Powell's Rate Decisions • Who Is Jerome Powell, Trump’s Pick for Fed Chair? • Powell's Fed Would Be an Unknown Quantity
(DBN)

The Age of Easy Money is Nearly Over
(DBN)

Big rebound in October jobs expected after hurricanes hit September hiring
(DBN)

GOP bill to permanently lower corporate tax rate to 20%: Sources • Republican tax plan has big advantages — but also real problems • The winners and losers of the GOP tax plan • Tax Reform's Losers Can Afford the Loss • The GOP’s bill is ‘a sensible framework’ — but ‘still a deficit-exploding tax cut’ for the rich and corporations • Markets see too many hurdles for tax breaks to come this year • What the Republican Tax Plan Means for You • Sen. Warren says GOP tax plan is a $2 trillion 'giveaway' to giant corporations • WSJ: Half a Tax Reform • The Latest Unfinished Republican Tax Plan • Rand Paul: Have to Cut Taxes on Top 1 Percent or It’s Not a ‘Significant Tax Cut’ • Trump: 'I will be blaming Mnuchin and Cohn' for any trouble with tax reform • GOP tax plan delivers mixed results for corporate America • Here Are the Big Tax Changes House Republicans Are Proposing • How the new House tax bill impacts business taxes • Here’s a breakdown of how the new House tax bill affects your taxes • GOP’s United Front on Tax Cuts Masks Divisions • Some corporate interests swiftly align against tax overhaul • Republicans say tax bill will save typical family ($59,000/yr family of four) $1,182 a year • Millions Under $100,000 in Earnings Will Pay More in Tax Bill • A Tax Plan for Corporations and Uber-Rich • A key middle-class tax break in the Republican plan is temporary — why? • Even Goldman Thinks Tax Plan is Dumb • Wall Street has a problem with this part of the new tax plan • The GOP tax plan cracks down on fishy 'private museums' of the ultra-rich • GOP tax 'reform' worse than partisan. It's petty. • Trump pitches tax plan as "Christmas present" • Conservatives want GOP tax cuts to be retroactive • House GOP keeps tax loophole for hedge fund managers • Republicans risk backlash with sweeping tax reform • Democrats are rolling out an old and flimsy argument against tax cuts • House Bill Would Tax Offshore Corporate Profits at Up to 12% • House GOP Tax Bill Explained • Flake Signals Concerns With Plan • The group that represents America's small businesses slams the new GOP tax bill • O'Brien: Trump Could Save Millions From GOP Tax Plan • Finally, a GOP tax bill worth passing! • US Republicans unveil tax cut bill, but the hard work awaits • GOP tax plan: Cuts for wealthy, middle class and corporations • Tax plan takes aim at the wealthy private universities • Main Street to Trump: These are the key tax reforms we need to keep the American dream alive • Here are the new tax brackets in the GOP plan • 3.5% economic growth is possible with GOP tax cuts, says House Financial Services chair • 'Unborn children' qualify as college savers in GOP tax plan • House GOP Tax Bill Benefits Love and Marriage, Penalizes Divorce • Buyout Stocks Plunge on Tax Plan • How your tax bracket may change under Trump's new tax plan, in one chart • Homebuilders come out swinging against the GOP's tax plan • A part of the new GOP tax plan will be a tough sell for Republicans in New Jersey, New York, and California • Tax bill leaves your 401(k) unchanged ... for now • Rubio: House child tax credit not enough for middle class families • Here's what's in the GOP tax plan • Republicans quietly added a provision to their tax bill that would hurt millions of children whose parents are undocumented • All your major questions about the GOP tax plan, answered • GOP Sticks With Big, Permanent Corporate Tax Cuts in House Bill • GOP tax plan may offer little aid for many in middle class • GOP tax plan slashes corporate rate, limits cherished deduction for homeowners • Trump's tax cut won't be the biggest in US history • The Biggest Tax Cut in History? Not Even Close • Don't Know What to Believe About the New Tax Plan? Take a Look at it Yourself • Read the Republican Tax Bill, Plus the Talking Points to Sell the Plan • Trump: The GOP tax bill is 'the rocket fuel our economy needs to soar higher than ever before' • Blankfein Says Now Isn't Best Moment for Tax-Cut Stimulus
(DBN)

The companies most likely to benefit from the GOP tax plan are surging
(DBN)

Is a Recession Imminent?
(DBN)

Goldman: October Payrolls Preview • October Employment Preview
(DBN)

Weekly Initial Unemployment Claims decrease to 229,000

Trump's NAFTA Threat Casts Pall Over Business Plans • Trump’s Trade War With Canada
(DBN)

US Puts 21% Tariff on Canadian Lumber
(DBN)

Trump's Attacks on China in 4 Charts
(DBN)

Trump Says Broadcom Is Moving Headquarters to US From Singapore
(DBN)

US third-quarter productivity fastest in three years
(DBN)

This Republican says it’s time to think about the unthinkable
(DBN)

The Global Economy Looks Good for 2018 (Unless Somebody Does Something Dumb)
(DBN)

2017 International Tax Competitiveness Ranking: U.S. Is 6th From The Bottom
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

Homebuilders tank as the GOP's tax plan caps a big benefit for homeowners • Tax reform plan cuts mortgage interest deduction in half • Tax bill is a mixed bag for new homeowners as deduction is slashed • House tax bill would deliver blow to California homeowners • A crucial line in Trump's new tax plan will have a huge impact on the way you buy a home • How the GOP mortgage interest deduction plan would hurt D.C.’s middle class • The GOP Targets America’s Most Loved and Hated Tax Break • [Chart] Who loses out on Republican plan to cut mortgage-interest deduction? • The Tax Plan Could Hit the Country's Most Expensive Housing Markets
(DBN)

Mortgage industry stands behind Trump’s Fed chair pick
(DBN)

Home Prices Rose in 92% of U.S. Metro Areas in Third Quarter
(DBN)

Housing stock tumble may be overblown as pushback on tax bill’s ding to mortgage deduction is likely
(DBN)

Mortgage rates hold steady but are poised to move higher
(DBN)

San Fran skyscraper sinks and leans; Lawsuits rise
(DBN)

Harvey Hernandez: leading Miami developer, investor and debtor
(DBN)

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Municipalities:

Puerto Rico governor slams 'unacceptable' recovery effort by Army Corps of Engineers
(DBN)

Why flood insurance claims were so low after Maria
(DBN)

Puerto Rico Debt Crisis: Lawsuit Claims UBS Scammed Island Residents
(DBN)

Trump boosts disaster aid for Puerto Rico rebuild • Trump boosts disaster aid for Puerto Rico, to cover 90 per cent of rebuilding costs
(DBN)

The Puerto Rico Power Scandal Expands
(DBN)

New York to send 350 utility workers to Puerto Rico - Cuomo
(DBN)

Emanuel borrowing plan gets AAA upgrade from two credit rating agencies • Triple-A ratings boost Chicago's new bond program
(DBN)

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Oil/Gas:

Dairy Queen Franchisee Files for Bankruptcy , Citing Energy Downturn
(DBN)

US crude oil fails to take out 2017 high as a 'cruel' month for energy market begins
(DBN)

Perry links fossil fuel development to preventing sexual assault • What actually happens to crime ‘when the lights are on,’ as Rick Perry suggests
(DBN)

US Leaves the Oil, Gas Anti-Corruption Treaty
(DBN)

The Remarkable Recovery Of Big Oil
(DBN)

The Oil & Gas Era is Coming to an End
(DBN)

2030: 48% of Cars Will be Electrified
(DBN)

Judge smacks down bid for Seadrill shareholder committee
(DBN)

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Healthcare:

Bank files objection to sale of bankrupt hospital's assets
(DBN)

Gray accuses O'Shaughnessy of opposing hospital privatization
(DBN)

Officials Struggle to Work Together on Tulare Hospital
(DBN)

Most of the country has ACA plans with $0 premiums
(DBN)

The GOP tax bill would wipe out key deduction for nursing home residents
(DBN)

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Finance:

LIBOR – living on borrowed time?
(DBN)

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Newspapers:

Rogoff bankruptcy fight continues as lawyers 'pierce the veil'
(DBN)

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Golf:

Club elects three opposed to Chapter 11 filing
(DBN)

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Maritime:

Danaos predicts choppy waters for containership charter market next year
(DBN)

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Celebs:

Cowboys Running Back Alfred Morris Makes More Than A Million Dollars A Year But Drives A $2 Car
(DBN)

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Fraud:

After Mistrial, Feds Will Retry Accused $100 Million Ponzi Schemer
(DBN)

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Retailing:

The future of retail is uncertain, just ask CFOs
(DBN)

Eddie Lampert Pulls $100 Million Out Of Fire, Throws It Back In
(DBN)

Sears is starting Black Friday early this year — and the entire store is on sale • How Much Cash Does Sears Have Left?
(DBN)

Want a teddy bear with that fishing rod? These days, it seems toys are popping up everywhere • Toys R Us Bankruptcy Casts Its Shadow on Hasbro and Mattel Earnings
(DBN)

Now Amazon is coming for Sharpie, Rubbermaid and Elmer's
(DBN)

Online Retailers Are Desperate to Stem a Surging Tide of Returns
(DBN)

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New Bankruptcy Opinions
(2 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (9 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (14 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:

HI: State bankruptcy filings may exceed 2016 total
(DBN)

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Exchange Offers:

Revisiting Good Faith and Fair Dealing Challenges By Non-Participating Holders to Indenture Amendments Effectuated Through Use of Exit Consents
(DBN)

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Sales:

Stay Remains Critical to Preserve Bankruptcy Sale Appeal
(DBN)

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Bankruptcy Crimes:

Jury selected in federal criminal trial of ex-UTA board member Terry Diehl
(DBN)

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Interest:

Second Circuit Addresses Key Chapter 11 Plan Issue
(DBN)

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Safe Harbors:

Just Passing Through: Merit Management Group, LP v. FTI Consulting, Inc.
(DBN)

Supreme Court Set for Argument in ‘High Stakes’ Bankruptcy Case
(DBN)

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Discovery:

A Degree Too Far: NY Bankruptcy Court Denies Debtors’ Request For Bankruptcy Rule 2004 Examination in Connection with Third-Party Litigation
(DBN)

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Professional Compensation:

Fee Disgorgement Can be the Least of Your Problems
(DBN)

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Ch. 13:

Chapter 13 Debtor Can Put Earnings Into 401(k)
(DBN)

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Insiders:

Supreme Court Struggles With Who’s an ‘Insider’ in Bankruptcy
(DBN)

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Secured Debt:

The Logic and Limits of Liens
(DBN)

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Food/Beverage:

Dairy Queen closes 22 locations after franchisee files for bankruptcy
(DBN)

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Autos:

Tesla shares drop as Wall Street analysts have had enough of Musk's funky forecasts • The GOP tax bill kills a $7,500 electric-vehicle credit — and that's terrible news for Tesla • Tesla shares fall below $300, trade at 6-month low • Model 3 Hell Is Burning Tesla’s Other Projects
(DBN)

EVs From Tesla and GM May Start Losing Their Tax Credits
(DBN)

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Alternative Energy:

House Tax Bill Trims Wind Tax Credit, Extends Nuclear Provision • GOP Tax Reform Plan Sparks Uncertainty for the Clean Energy Industry • GOP tax bill ends electric vehicle tax credit, overhauls other energy taxes
(DBN)

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Sports:

GOP tax bill scores against pro sports stadiums • Republicans Push to End Muni Sales by Businesses, Stadiums
(DBN)

The GOP called out Stephen Curry in its massive tax bill
(DBN)

Why a $75 million Indiana sports complex for kids is going bankrupt
(DBN)

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Healthcare:

GOP tax plan would eliminate medical deduction
(DBN)

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Weather:

Massive Gov't Study: Climate Change is Real and We're Causing It
(DBN)

Buyouts Won’t Be the Answer for Many Frequent Flooding Victims
(DBN)

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Student Debt:

Tax Plan: No Student Loan Interest Deduction
(DBN)

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Travel:

Forget your checked luggage. This airline is weighing passengers
(DBN)

As airline revenue from extra fees increases, so does consumer ire
(DBN)

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Mass Torts:

Georgia-Pacific unit seeks bankruptcy in wake of asbestos cases • Georgia-Pacific's Bestwall Seeks Bankruptcy Protection Over Asbestos Litigation • Bestwall LLC Seeks Bankruptcy Protection
(DBN)

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Radio:

Troubled radio giant Cumulus Media defaults on debt payment
(DBN)

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UK:

Bank of England hikes rates for the first time in a decade
(DBN)

Rate rise could be ‘turning point’ for many stretched households
(DBN)

Boris Becker needs an ace more than ever! Bankrupt tennis legend 'enters Czech poker tournament with €4 million top prize'
(DBN)

Dentons' Scotland Senior Partner insults Scottish clients
(DBN)

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PIIGS:

Spain calls for arrest of Catalan secessionist leader Carles Puigdemont
(DBN)

Former Greek finance minister Yanis Varoufakis explains how the debt crisis was a Greek tragedy
(DBN)

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Canada:

Maidstone Woman Faces Bankruptcy Fraud Charges
(DBN)

North York Re/MAX brokerage has accounts frozen
(DBN)

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MENA:

Saudi women riled by robot with no hjiab and more rights than them
(DBN)

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Venezuela:

Venezuela announces plan to restructure its debt • Venezuela: We Can't Pay Our Debts Anymore • Default looms as possibility • Venezuela seeks to restructure debt as economy teeters on insolvency • Venezuela aims to restructure all foreign debt • Venezuela is Defaulting, Maybe . . . Maybe Not
(DBN)

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Belgium:

Administrator liability in bankruptcy framework
(DBN)

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Australia:

Why Slater & Gordon Limited shareholders are in a full nelson
(DBN)

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India:

India Inc Learns Bitter Lesson In Modi Era: Crony Bailouts No Longer Possible
(DBN)

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China:

Privatization of China 'zombie' steelmaker sets precedent
(DBN)

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Indonesia:

OJK Tightens Its Supervision Over Bankruptcy Disclosure With New Sanctions For Non-Compliance.
(DBN)

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Germany:

Germany expects Air Berlin rescue loan to be repaid in full
(DBN)

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