October 18, 2017

The Daily Bankruptcy News

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Law:

A Look At The Money Jones Day Partners Really Make
(DBN)

'The Cranky Lawyer' Raises Eyebrows, Even on Twitter
(DBN)

Bryan Cave merger with BLP would create billion dollar transatlantic law firm 'It reflects a greater degree of realism' - partners weigh in on proposed BLP-Bryan Cave merger
(DBN)

More Mergers - and Merger Whispers - Keep Firms on Their Toes
(DBN)

Trial set to begin for Martin Shkreli’s BigLaw lawyer; ethics experts may testify Additional pool of 100 potential jurors added to trial of atty accused of conspiring with Martin Shkreli
(DBN)

Successful law firms provide both proper environment and tech tools
(DBN)

Harassment Is a Big Problem at Big Law Firms
(DBN)

The Harvey Weinsteins of law: A solicitor shares her story
(DBN)

Outside Counsel Diversity Initiatives Force Companies to Confront Norms
(DBN)

GSU Law Starts Big Data Lab as Industry Girds for Disruption
(DBN)

Laterals: Take This Job And Shove It!
(DBN)

Study of black Harvard law grads finds many leave private practice; 66% would recommend legal career
(DBN)

Akin Gump Hires Former Prudential Exec for New Diversity Position
(DBN)

Mystery shrouds departure of junior solicitor duo from Debevoise
(DBN)

Columbia Law, Embracing GRE for Fall 2018, is Latest School to Join Wave 3 Law Schools In The T14 Now Accept The GRE
(DBN)

Student lawsuits against Charlotte School of Law consolidated
(DBN)

The Creepiest Case Of Bar Exam Sabotage Ever
(DBN)

This Law School’s Bar Exam Passage Rates Are Embarrassing
(DBN)

Here's What Law Students Think of Susskind's Ideas on the Profession's Future
(DBN)

Top Texas court considers whether to toss legal fee estimated at $48K an hour
(DBN)

Chancery Finds Breach of Obligation to Use “Diligent Efforts”
(DBN)

The unarmed security guard hailed as a hero after the Las Vegas shooting has mysteriously vanished Las Vegas Hotel Guard Jesus Campos, Thought Missing, Set to Appear on Ellen
(DBN)

Weinstein criminal probes growing in New York and London, but so far no cases in L.A. The Movement of #MeToo Judgment Day: Harvey Weinstein Scandal Could Finally Change Hollywood’s Culture of Secrecy BOB Weinstein Accused of Harassment Hollywood’s Other ‘Open Secret’ Besides Harvey Weinstein: Preying on Young Boys 44 Women Who Have Accused Harvey Weinstein of Misconduct 'Game of Thrones' star Lena Headey alleges Harvey Weinstein tried to force her into his hotel room The New Weinstein Co.: Bob Weinstein Pushed to the Back Harvey Weinstein resigns from his company following scandal: NBC Should NBC News Head Oppenheim Lose His Job Over Weinstein Exposé Debacle? Yes, This Is a Witch Hunt. I’m a Witch and I’m Hunting You. Please Just Fire The Harvey Weinsteins Of The World Already Harvey Weinstein Forced Out of His Own Company Can Harvey Weinstein Be Successfully Sued? A startup backed by Peter Thiel has offered $100,000 to women with legal claims against Harvey Weinstein
(DBN)

US judge blocks latest Trump travel restrictions to the US from eight countries Federal judge in Hawaii blocks Trump's 3rd travel ban Travel Ban 3.0 Blocked Again By Judge Derrick ‘Kiss My Backside’ Watson Day Before It's Set to Go into Effect, Judge Screws With Trump Over His Travel Ban Again Travel Ban Travel Ban 3.0: The Hawaii TRO Is Right on the Statute
(DBN)

Trump seeks more immigration jails
(DBN)

ICE says it will step up workplace immigration enforcement
(DBN)

11 habits of ridiculously likable people
(DBN)

Rainmakers reveal 5 daily habits that even us mere humans can use to manage a busy schedule and bring in business
(DBN)

Here's what to say when you only have 3 minutes to make a great impression
(DBN)

Judicata automated review scores brief’s lines of attack
(DBN)

325-pound woman charged with killing girl by sitting on her
(DBN)

NFL players' union wins bid to halt Elliott suspension
(DBN)

Trump's ethics critics get their day in court
(DBN)

Philando Fundraising Campaign Clears All St. Paul School Lunch Debt
(DBN)

‘You Owe Me For Making My Grandmother A Slave’; Disabled Man Attacked On Bus Because He’s Old And White
(DBN)

Insurance Company Files Fraud Suit Against 'Hire a Dick!' Lawyer in Houston
(DBN)

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Judges:

Trump's Judicial Picks Could Last 40 Years
(DBN)

Trump’s judge picks: ‘Not qualified,’ prolific bloggers - But Republican senators still get on board
(DBN)

Justice John Roberts Relied on Incorrect Data to Gut Voting Rights Act
(DBN)

It’s a Fact: Supreme Court Errors Aren’t Hard to Find
(DBN)

Kagan on Marshall: “Greatest lawyer of the 20th century”
(DBN)

Justice Elena Kagan talks about life on the Supreme Court
(DBN)

Justice Sotomayor motivates law students to embrace difference
(DBN)

“The Very Definition Of Tyranny”: Roy Moore Calls For Justices To Be Removed For Voting For Same-Sex Marriage
(DBN)

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Wall Street:

Dow industrials on track to stay around 23,000 milestone Futures point to a positive open
(DBN)

Dow hits record high after UnitedHealth earnings, inches toward 23,000 Dow Passes 23000 for the First Time, Fueled by Strong Earnings Stocks close slightly higher; Dow briefly tops 23000
(DBN)

Goldman Sachs stock jumps as earnings crush estimates
(DBN)

Fund managers bet on rising interest rates but not on tax-cut boost for stocks
(DBN)

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Layoffs:

Tesla employees detail how they were fired, claim firings not about performance
(DBN)

St. Charles Health System eliminates 102 positions, cuts executives' pay
(DBN)

Robots Are Coming for These Wall Street Jobs
(DBN)

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Politics:

Trump doubles down on criticism of Obama over Gold Star families Why Trump Accused Obama of Not Consoling Families of Fallen Soldiers Trump Hasn't Called All Gold Star Families FactCheck Fallen Troops: Presidents Didn't Call Trump disputes congresswoman's claim on what he told military widow Trump reportedly tells the widow of a US soldier killed in action 'he knew what he signed up for'
(DBN)

Trump's alternative reality, part two
(DBN)

White House: Americans Will Beg for Trump Second Term
(DBN)

White House Conveniently Stops Caring About Private E-Mail Use National Archives Warned Trump on Preserving Documents
(DBN)

Scaramucci Falls Face First Into Some Holocaust Denial
(DBN)

Trump's nominee for drug czar is out after explosive '60 Minutes' investigation on opioid legislation
(DBN)

CNN poll: Trump approval steady, but more say he's leading in the wrong direction Poll : More Americans say Trump is taking US in wrong direction Donald Trump 'least popular President in history of political polling '
(DBN)

FCC chairman pushes back on Trump's NBC tweets
(DBN)

Trump issues warning to McCain after senator's tough speech What McCain Got Wrong About Nationalism
(DBN)

Russians Pretended to be Texans for Election 'Our task was to set Americans against their own government' Mueller has interviewed the cybersecurity expert who described being 'recruited to collude with the Russians' Mueller's team interviewed Sean Spicer Monday Close Putin ally linked to Russia's fake news factory Carter Page receives Senate subpoena in Russia probe Russian Trolls Co-opted 100 Activists
(DBN)

Bannon snubs Trump plea to back off from GOP establishment Polling Lends Weight to Worries Over GOP Civil War
(DBN)

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Motorcycles:

Harley-Davidson profit plummets on weak motorcycle sales
(DBN)

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Mass Torts:

Missouri appeals court overturns $72 million verdict against Johnson & Johnson over talc cancer risks Missouri appeals court tosses $72M talcum powder verdict, says suit was filed in wrong state
(DBN)

Industry Upset With Risk Of Higher Verdicts In New York's Asbestos Court
(DBN)

Res Judicata Bars Plaintiff’s Mesothelioma Claim Against Prior Settled Defendant
(DBN)

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Weather:

Nurse fleeing wildfires shoves pony in the back of her car
(DBN)

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Convenience Stores:

Sunoco's $3.3B Deal With 7-Eleven Faces Creditors Objection
(DBN)

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Metals:

Court Confirms Optima Specialty Steel’s Modified Plan of Reorganization
(DBN)

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Coal:

To Save Coal, Will Trump Kill Electricity Competition?
(DBN)

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Nuclear:

Scana gets SEC subpoena related to canceled nuclear project
(DBN)

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Celebs:

Left Out! Inmates Bar ‘Dance Moms’ Abby Lee Miller From Taking Part In Prison’s Fall Dance
(DBN)

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Economy:

Powell likely next Fed chief, though Yellen best suited: economists Janet Yellen's future at Fed is market's biggest risk, warns Oppenheimer's Stoltzfus Here’s how bond traders are preparing for Trump’s Fed chief pick Trump's short list for Fed chair
(DBN)

Gary Cohn fears this is how the next crisis will happen
(DBN)

Gallup: U.S. Economic Confidence Index Dips to -1 Last Week
(DBN)

'Dr. Doom' Faber: 'Thank God white people populated America' Faber says U.S. wouldn’t have made as much ‘progress’ if colonized by blacks Financial networks and businesses are distancing themselves from Marc Faber after racist investor letter Asset manager Sprott says Faber has resigned from board: 'Shocked' to learn he thought this way
(DBN)

Industrial Production Increased 0.3% in September US Manufacturing Output Rises as Impact From Hurricanes Fades
(DBN)

Larry Summers: Hassett's flawed analysis of the Trump tax plan Larry Summers: The new argument for Trump's tax plan is 'dishonest, incompetent and absurd' Larry Summers Savages Trump Tax Plan Analysis Ryan predicts House will pass tax plan by next month Trump, McConnell Open Door to Tax Revamp Slipping Into 2018 White House fears Senate will sink tax cuts Why the Child Tax Credit Could Make or Break the GOP Plan Why Americans aren't buying Trump's tax-reform plan We Could Send $1000 a Year to Every Worker in America for the Cost of Trump's Corporate Tax Cut Council of Economic Advisers: Reducing Corporate Tax Rate From 35% To 20% Would Increase Household Income By $4,000/Year Trump Pitches Tax Plan to Policy Group That Helped Write It State Tax-Break Group Targets 20 GOP Lawmakers Trump is buttering up exactly the wrong senator if he wants to pass tax reform $4,000? Income boost from corporate tax cuts may be more like $500 Tax Overhaul Off to Rocky Start as Senators Bicker Over Budget Trump tax plan hits bump in the Senate as Rand Paul weighs a 'no' vote Treasury secretary: Pass a tax bill or markets will tank
(DBN)

A Tax Proposal That Could Lift Millions Out of Poverty
(DBN)

Boeing Attack on Bombardier Backfires Boeing says Bombardier jets could still face hefty duties even if they are assembled in Alabama
(DBN)

Wall Street found a parasite growing in the US economy that could spur the next recession
(DBN)

For many older Americans, the rat race is over. But the inequality isn’t.
(DBN)

Coming home: "Boomerang" workers are reviving Rust Belt job growth
(DBN)

Canada, Mexico to firmly reject US NAFTA proposals but will offer to keep negotiations going: Sources NAFTA renegotiation talks will go into next year amid policy disagreements Trump officials’ hard-line negotiating tactics lead to a trade talks standoff
(DBN)

Trump’s fortune declined by $600 million in a year, Forbes says President Trump falls in Forbes 400 list of richest Americans Falls 92 spots America's Richest Women 2017 Forbes 400 2017: Meet The Richest People In America Meet the 9 richest people in America, who have a combined fortune of $567 billion Forbes 400 List: Combined net worth of America's richest rises to $2.7 Wilbur Ross told Forbes he hid $2 billion from the government and then took it back
(DBN)

The dark side of Nobel Prize-winning economist Richard Thaler’s ‘nudge theory’
(DBN)

Delta stands firm: It wants disputed jets, said it won't pay 300% tariff
(DBN)

The 5 worst cities to start your dream business
(DBN)

Great Recession scars still leave Americans anxious about spending on the good life
(DBN)

Three reasons the next crash may be worse than 1987’s 30 years after Black Monday, could stock market crash again?
(DBN)

Who Has the World's No. 1 Economy? Not the U.S.
(DBN)

Stash More Cash: A Map of the Best Cities for Families to Save Money
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

Homebuilder confidence jumps to 6-month high in October NAHB: Builder Confidence increased to 68 in October
(DBN)

Weekly mortgage applications rise 3.6% after rates dip
(DBN)

How Many Hours Americans Need to Work to Pay Their Mortgage
(DBN)

Judge won't grant bankruptcy protection for Packard Square in Ann Arbor
(DBN)

Jared Kushner’s Family Is Screwed, and It’s All Boy Wonder’s Fault
(DBN)

How America’s McMansion obsession is subtly wrecking our mental health
(DBN)

20 cities where people are flipping the most homes
(DBN)

Ocwen settles with three more states to ease mortgage servicing restrictions
(DBN)

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Municipalities:

House panel to weigh expanding Puerto Rico oversight board powers
(DBN)

4 out of 5 Puerto Ricans are still without power — but darkness is far from the island's biggest problem
(DBN)

Puerto Rico’s power grid: Can tech turn tattered system into sustainable model? Elon Musk Wants to Give Power to Puerto Rico. Will it Cause More Harm Than Good? Puerto Rico Turns to Unproven Montana Company for Massive Power Restoration Job, But No One Knows Why Send more energy company crews to hurricane-hit Puerto Rico
(DBN)

Poll: Trump approval on hurricane response down 20 points after Puerto Rico
(DBN)

Helping Puerto Rico in both the short and long term
(DBN)

Puerto Rico needs an urgent economic aid package
(DBN)

Puerto Rico resident commissioner: We would have more help if we were a state
(DBN)

Why Washington should finally make Puerto Rico a state
(DBN)

‘Shrinking, shrinking, shrinking’: Puerto Rico faces a demographic disaster
(DBN)

It Feels Surreal Being a Puerto Rican in the United States These Days
(DBN)

Hurricane Maria: Inside a Puerto Rican Barrio's Fight to Survive
(DBN)

Crisis in Puerto Rico Reveals Deeper US Political Fissures
(DBN)

Who Owns Puerto Rico’s Debt, Exactly? We’ve Tracked Down 10 of the Biggest Vulture Firms.
(DBN)

Puerto Rico Death Toll Likely 450
(DBN)

New Jersey just escalated the fight for Amazon’s headquarters with a $7 billion incentive The big question for US cities: Is Amazon’s HQ2 worth the price?
(DBN)

Illinois starts selling bonds to pay its huge pile of overdue bills
(DBN)

Specter of Corporate Exodus Leaves Connecticut Budget in Crisis
(DBN)

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Oil/Gas:

Goldman sees US-Iran tensions presenting long-term threat to global oil supply
(DBN)

The death of the gas-powered car, in one chart
(DBN)

Credit rating for Philadelphia Energy Solutions unit cut to CCC-
(DBN)

It’s Decision Time in the Shale Patch
(DBN)

It will take time for oil markets to rebalance, Total's boss says
(DBN)

Oil on Troubled Waters: successful restructuring of Ocean Rig Group
(DBN)

Uresti lists 171 potential witnesses for his fraud trial
(DBN)

Republicans May Use Budget to Open Arctic, Atlantic to Oil Rigs
(DBN)

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Healthcare:

Financially Ailing Memorial Hospital In Pawtucket To Shut ER, Inpatient Services
(DBN)

The middle class will take the biggest hit from Obamacare subsidy cuts
(DBN)

Senators reach bipartisan deal to stabilize Obamacare markets Fresh Hope for Obamacare, and Bipartisanship Key senators just reached a deal to save the Obamacare payments Trump just killed Senators have 'short-term plan' to stabilize Obamacare markets Schumer: Trump helped drive GOP to health care negotiating table Both Democrats and Republicans say Trump forced health care deal Trump calls Alexander-Murray deal a good short-term solution Trump can’t decide if he wants to sabotage Obamacare Deal to Shore Up Obamacare Faces Big Hurdles, Including Trump Himself
(DBN)

Republicans face a new moment of truth on Obamacare
(DBN)

Trump Renews Attack on High Drug Prices
(DBN)

Insurance giant bullish on Trump’s health plans
(DBN)

UnitedHealth Group profit up 26 percent
(DBN)

President Trump admits he’s trying to kill Obamacare. That’s illegal.
(DBN)

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Food/Beverage:

Original Soupman says it's liquidation time
(DBN)

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Maritime:

Peak season a let-down for China-US carriers as ocean rates continue to slide
(DBN)

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Aviation:

Island Air files bankruptcy amid aircraft lease dispute
(DBN)

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Fraud:

Judge suddenly reassigns $1 billion Platinum Partners fraud cases
(DBN)

'Straight out of a James Bond film': Richard Branson says he nearly lost $5 million to a conman posing as the British defense secretary
(DBN)

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Private Equity:

Private equity firms are making a fortune stripping capital out of their companies
(DBN)

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Education:

17 States Sue DeVos Over For Profit Colleges
(DBN)

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Solar:

Trump Could Crush Solar Industry With One Administrative Ruling
(DBN)

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New Bankruptcy Opinions
(8 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (27 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (27 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:

Quarterly Report Of Business Bankruptcy Filings
(DBN)

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Extraterritoriality:

Arcapita Bank: The Bankruptcy Court Closes an Escape Valve for Foreign Defendants
(DBN)

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Intervention:

Expanding the Unconditional Right to Intervene: A Win for UCC’s
(DBN)

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Plan Confirmation:

Finding Acceptance: Using Strategic Impairment to Satisfy 1129(a)(10)
(DBN)

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Mediation:

Private Mediators: A Solution to Budget Pressures on Circuit Court Mediation Programs
(DBN)

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Awards:

Camille Bent Honored as 2017 "Rising Star" by International Women's Insolvency and Restructuring Confederation
(DBN)

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Receivers:

Chancery Court Defines De Novo Standard of Review for Appeals of Receiver’s Decisions Disallowing Claims
(DBN)

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Cross-Border:

Can An Entity Qualify as a Chapter 15 Debtor Without Ever Filing for Bankruptcy?
(DBN)

Court permits strategic transfer of Center of Main Interests (COMI) in Chapter 15 Case
(DBN)

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Discharge:

No Notice: How Unnotified Creditors Can Violate a Discharge Injunction
(DBN)

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Taxis:

New York City yellow cabs have taken a back seat to Uber
(DBN)

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Retailing:

Nordstrom's deal disarray Nordstrom buyout effort haunted by specter of other retailers' failures
(DBN)

US online retail sales likely to surpass $1 trillion by 2027, consulting group says
(DBN)

Toys “R” Us sets sights on Asian market amid North American bankruptcy Toys 'R' Us mulls over IPO for Asian unit
(DBN)

Amazon is on its way to becoming America's favorite clothing store
(DBN)

Retail Sales Increased Slightly in September
(DBN)

Negative News Is Killing Sears Sears Holdings: Value Called Into Question By The Bankruptcy Of Sears Canada Sears' board keeps shrinking as bankruptcy fears flare up Why Did Sears Holdings' Largest Outside Shareholder Suddenly Jump Overboard?
(DBN)

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Personal Finance:

America’s No. 1 financial regret
(DBN)

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Pharma:

Why I See Trevena Going To Zero
(DBN)

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Autos:

Denny Hecker transferred to Duluth federal prison
(DBN)

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Travel:

Why residents in some American states may soon need a passport for domestic air travel
(DBN)

Why it's more expensive to fly from New York to Montana than it is to fly from New York to LA
(DBN)

Police Who Dragged Man off Flight Are Fired Lawyer for man dragged off flight sees lesson in firing of two aviation officers
(DBN)

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Corporate Governance:

Faber, Weinstein Put Boards on Notice: You’re the Adults Now
(DBN)

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Sovereigns:

Why Investors Can’t Get Enough of Tajikistan’s Debt
(DBN)

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UK:

Here’s a Crazy Thought: Why Not Just Give Up on Brexit?
(DBN)

EU chief dismisses May's €20 billion Brexit divorce bill offer as 'peanuts'
(DBN)

Brexit Talks Are Failing, but Nobody Cares
(DBN)

Year-on-year 14% rise in personal insolvencies in Wales
(DBN)

Another British airline in trouble: Flybe shares plunge 19% after profit warning Flybe shares are in a nosedive after it warns on profits
(DBN)

Sainsbury's cutting 2,000 jobs in UK
(DBN)

Subrogated claims – some practical tips for pursuing insolvent third parties
(DBN)

A 'catastrophic' no-deal Brexit would cause huge tailbacks at British ports
(DBN)

Unemployment in the UK falls once again
(DBN)

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PIIGS:

A critique from Spain of the proposed Insolvency Directive
(DBN)

Trump may open US wallet for debt-ridden NATO ally Greece at urgent time A reporter confronts Greek prime minister at press conference with Trump over past comments calling him 'evil' Trump-Tsipras Meeting in White House Leaves Both Sides Satisfied Trump heralds $2.4bn sale of F16 fighter jets to debt-laden Greece
(DBN)

Greece expects economic recovery in 2017-18
(DBN)

ECB's odious profits on the backs of the Greek people
(DBN)

Ireland Reckons With Damage From Its Deadliest Storm for Decades
(DBN)

First Scotland, Then Catalonia. And Now? Milan and Venice
(DBN)

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Canada:

Sears retirees granted first step towards pension plan wind-up
(DBN)

What's Next for the Retail Sector Post-Sears Canada?
(DBN)

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Croatia:

Police arrest executives of bankrupt supermarket chain
(DBN)

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India:

Make bankruptcy law accountable, not time-bound: Kroll
(DBN)

Educomp invites bids for corporate insolvency resolution process
(DBN)

India's troubled banks desperately need more money — but government help just isn't coming
(DBN)

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Brazil:

India's Renuka fires 900 workers at Brazil sugar mills -sources
(DBN)

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China:

China is Quietly Reshaping the World
(DBN)

Xi Plans to Transform China by 2050
(DBN)

Xi Jinping: Time for China to Take Center Stage
(DBN)

China Heralds New Era of Chinese World Power
(DBN)

China to Build 1 Million Electric Cars in 2018
(DBN)

This Is What A 21st-Century Police State Really Looks Like
(DBN)

China Isn't Fixing Its Flaws
(DBN)

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Norway:

Creditors unite to save Norske Skog
(DBN)

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Australia:

Bankruptcies In Australia Hit 15-Month High
(DBN)

Court told Clive Palmer is like Postcard Bandit Brenden Abbott
(DBN)

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