September 19, 2017

The Daily Bankruptcy News

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

Format For Mobile Device



Law:

SEC Still Stalling On Case Against Former Dewey & LeBoeuf Execs
(DBN)

New York GCs Made Bank This Year
(DBN)

Duane Morris Announces Leadership Change at Helm
(DBN)

Hogan Lovells Eyes 90 Job Redundancies in UK Restructuring Hogan Lovells Restructures U.K. Office, Cuts Support Staff
(DBN)

Lessons I've Learned as a Young Woman Lawyer
(DBN)

Female Equity Partner Rate Is At All-Time High. (But It's Not That Great.)
(DBN)

10 Accounts of Women Who Left Big Law to Run Their Own Firms
(DBN)

Lawyer to Investigate Legal Profession’s Gender Problem
(DBN)

More law schools plan to accept GRE scores, but there’s still hesitation, survey finds
(DBN)

Florida Law Grads Weathered The Storm When It Came To The Bar Exam
(DBN)

Managing Without Fear: 6 Key Attributes Of A Fearless Managing Partner
(DBN)

Winning Isn’t The Only Thing, And It Isn’t Everything
(DBN)w

Trump’s Lawyer Overheard Gossiping About Russia Probe at D.C. Steakhouse ‘Fire these attorneys immediately’: Morning Joe rips Trump’s ‘-------’ lawyers Why Is Trump's Legal Team So Messy? Maybe Ty Cobb Just Doesn’t Get This Whole ‘Client Confidentiality’ Thing Trump Lawyers' Loose Lips Find Audience in DC Power Lunch Scene
(DBN)

Mueller is homing in on a key White House player as he examines whether Trump obstructed justice US investigators reportedly wiretapped Paul Manafort before and after the election FBI agents reportedly photographed Paul Manafort's expensive suits during its July raid at his house in Virginia With a Picked Lock and a Threatened Indictment, Mueller’s Inquiry Sets a Tone How to Read Bob Mueller’s Hand Trump’s personal lawyer Michael Cohen to testify before Senate committee in Russia probe Flynn's Russian Nightmare May Cost Millions
(DBN)

St. Louis Protests Turn Violent in Third Night
(DBN)

White House Looking at Stricter Travel Ban ABA urges SCOTUS to invalidate president’s travel ban
(DBN)

Colleagues say the nominee for US Attorney in Boston is "wicked smart"
(DBN)

Lawyers can accept payment in bitcoin, Nebraska ethics opinion says
(DBN)

Understanding The Duty Of Legal Technology Competence
(DBN)

Is ‘Revolutionary’ Law Firm Atrium A Case of Clearspire Déjà Vu?
(DBN)

Beyond The Hype: Use Cases And Strategies For Implementing AI
(DBN)

8 toxic habits to give up if you want to be confident and successful
(DBN)

Refugees are now living in Donald Trump’s childhood home
(DBN)

About 80 people are arrested in third night of St. Louis violence after cop’s acquittal
(DBN)

Coroner, Cop Accused of Death Scene S--
(DBN)

"Jason Bourne" fan tries to become a spy to pay for gifts to girlfriend who was catfishing him, gets 5 years
(DBN)

Married couple arrested for filming --- acts in public library, Walmart, Burger King
(DBN)

A Debt Against The Living: An Interview With Biglaw Associate And Author Ilan Wurman
(DBN)

______________

Judges:

BK PR Extends Deadlines For Hurricane Maria BK PR Closed Through 9/21 Due To Hurricane
(DBN)

Courthouse Closures for Hurricanes
(DBN)

BK SD FL Clarifies Deadline Extension Order From Hurricane Irma
(DBN)

BK SD MS: Judge Samson Appointed Chief Judge
(DBN)

Alabama Senate frontrunner, former judge, refers to "reds and yellows"
(DBN)

Texas judges reportedly get in tiff over shared bench after Hurricane Harvey
(DBN)

______________

Wall Street:

U.S. stocks aim for fresh records as Fed meeting steals focus
(DBN)

Stock market carves out all-time highs as financials rally
(DBN)

When the stock market finally implodes, don’t say these 3 charts didn’t warn you
(DBN)

______________

Layoffs:

The Third Circuit Weighs in on The Warn Act
(DBN)

Fluor Enterprises lays off 274 Coastal Bend workers
(DBN)

Harman Professional in Elkhart plans to lay off 115 Workers
(DBN)

150 Layoffs coming to SOVAH Health
(DBN)

______________

Weather:

Hurricane Maria Just Became the Latest Category 3 Storm Hurricane Maria is threatening to slam the Irma-ravaged Caribbean as a Category 4 storm Hurricane Maria is a major Category 5 hurricane on track to slam the Irma-ravaged Caribbean 'We have lost all that money can buy,' says Dominica leader after Hurricane Maria batters Caribbean Maria Weakens on Way to Puerto Rico
(DBN)

Surviving Irma
(DBN)

Climate Change Hype Doesn't Help: The bigger issue than global warming is that more people are choosing to live in coastal areas.
(DBN)

Hotel Occupancy Rate increases following Hurricanes Harvey and Irma
(DBN)

Why flood-damaged cars are more dangerous than you think
(DBN)

Houston: Poor Who Lost Cars in Real Trouble
(DBN)

How Andrew helped insurers avoid devastating losses from Harvey, Irma
(DBN)

Global Warming May be Occurring More Slowly
(DBN)

______________

Solar:

The troubling 'tactics' politicians are using to attack rooftop solar
(DBN)

Little-Known Lender’s Stand Threatens a $29 Billion Solar Market
(DBN)

______________

Travel:

This simple mistake could help you find cheap flights, according to a man who frequently flies first and business class for free

______________

Sports:

NFL Hell: LA Teams Massive Attendance Drop NFL TV Ratings Falling
(DBN)

Live sports audiences are getting older
(DBN)

______________

Healthcare:

Why the Latest Obamacare Repeal Bill Might Have a Chance Obamacare repeal effort picks up steam as McCain signals he’s a ‘yes’ Democrats want to know how many will lose insurance under new Obamacare repeal bill Tax likely to endure -- for now Senate Fast Tracks ACA Repeal GOP senators 'cautiously optimistic' they won't fail to repeal Obamacare again US Senate to hold hearing on Republican health-care proposal Good luck figuring out if John McCain will vote for Obamacare repeal bill The new GOP health-care measure goes further than the failed one Shifts on ACA repeal put new pressure on push for bipartisan fix Some Democrats Willing to Replace Obamacare’s Individual Mandate CBO Won't Have ACA Repeal Scored in Time
(DBN)

How Trump Is Making Obamacare More Expensive
(DBN)

Rx for a healthy retirement: Monitor medical costs
(DBN)

How Bernie's single-payer plan stacks up against Canada's The Sanders Single-Payer Plan Is No Miracle Cure
(DBN)

______________

Advisors:

UBS is building a new restructuring team in New York
(DBN)

______________

Autos:

Takata injury claimants get more time to probe financing
(DBN)

Takata Has Yet to Finalize Papers on Sale to Key Safety
(DBN)

______________

Debt Collection:

Citi to pay $907,000 to settle claims it illegally repossessed cars of on-duty military service members
(DBN)

______________

Corporate Governance:

As business-friendly litigation hubs go, Delaware is no longer king of the hill
(DBN)

______________


Economy:

Goldman: Banks win, companies with high debt lose from Fed's upcoming historic move
(DBN)

What U.S. Decline? The World Still Watches the Fed
(DBN)

Why interest rates now matter even more than you think
(DBN)

More bad news for American workers: Pay raises will be dismal next year
(DBN)

The gender wage gap just shrank for the first time in a decade
(DBN)

The Federal Reserve is setting America up for economic disaster
(DBN)

Trump's new favorite to lead the Fed almost made the financial crisis a lot worse
(DBN)

New leadership at the Fed could upend 20 years of easy money policies
(DBN)

 

Small companies are struggling, marking the biggest economic divide since the financial crisis
(DBN)

Americans' wages are growing — but inequality keeps increasing
(DBN)

With a Picked Lock and a Threatened Indictment, Mueller’s Inquiry Sets a Tone
(DBN)

How Trump's Advisors Taught Him Globalism
(DBN)

Tax Reform May Cost the Middle Class Big Time Revenue Neutral, Gimmick Free Tax Reform Is Hard -- And Worth It 5 Reasons to Doubt Tax Reform Will Happen This Year Putnam CEO on Tax Reform's Impact on Retirement Savings GOP Tax Framework Will Contain Specific Corporate Rate, Officials Say Trump is clinging to a tax-cut promise that almost no other Republican thinks will happen Traders are gearing up for Trump's tax cut plan Skeptics Are Wrong: A Big - But Different - Tax Cut Is Coming How To Design Tax Reform: 8 Lessons From 1986 Republicans Change Their Tune on Tax Cuts and the Debt Talk About Tax Reform Needs to Turn Into Action How Low Can Tax Rates Really Go? Orrin Hatch Signals Just How Complicated Tax Reform Will Be
(DBN)

Bump in U.S. Incomes Doesn’t Erase 50 Years of Pain
(DBN)

Senate backs massive increase in military spending
(DBN)

US Family's Financial Health? 10 Numbers
(DBN)

The Next Crisis Will Start in Silicon Valley
(DBN)

Where Deutsche Bank thinks the next financial crises could happen Forget Default: Deutsche Reckons Debt Market Risk Lies Elsewhere
(DBN)

Why U.S. Consumers Are Feeling Spent
(DBN)

This is the most important economic fight going on right now
(DBN)

Cost of Throwing Out Dreamers? $200 Billion
(DBN)

America: not such a great place to grow old
(DBN)

Women’s wages are catching up with those of men in these states …
(DBN)

Cohn tells allies U.S. will withdraw from Paris accord Industry to Trump: Keep Obama climate policy
(DBN)

White people are really confident that things are getting better for black people African Americans are the only racial group in U.S. still making less than they did in 2000
(DBN)

More than 40 million people trapped in slavery globally
(DBN)

Teens are becoming adults later than they used to
(DBN)

Scott Walker just approved $3 billion deal for a new Foxconn factory in Wisconsin
(DBN)

We need a smarter narrative about rural America
(DBN)

As U.S. marriage rate hovers at 50%, education gap in marital status widens
(DBN)

Guy Who Studies Poor People To Show That Minimum Wage Is Bad Now Telling Billionaire Rich Kid That Minimum Wage Is Bad For Poor People
(DBN)

The Financial System's Weak Link: Zombie Firms
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

______________

Real Estate:

Early Read on Existing Home Sales in August
(DBN)

NAHB: Builder Confidence increased to 64 in September
(DBN)

Recent hurricanes create concern among homebuilders
(DBN)

Preliminary Assessment Shows Over 3.1 Million Mortgaged Properties in Hurricane Irma Disaster Areas
(DBN)

Student debt is delaying millennial homeownership by seven years
(DBN)

No more 6% commission – these brokers will sell your house for a flat fee
(DBN)

100 Best Places to Live
(DBN)

Florida, Texas CRE Begin Long Recovery Effort from Back-to-Back Storms
(DBN)

Blockchain: Banks Are Taking Back Control – Time for the Real Estate Industry to Do the Same?
(DBN)

Credit Suisse books $80 million to settle RMBS litigation with MassMutual
(DBN)

____________

Municipalities:

Puerto Rico's Debt Investigation Will Be Broad, Official Says
(DBN)

Puerto Rico declares state of emergency as Hurricane Maria intensifies into Category 3 storm Hurricane Maria takes aim at islands devastated by Irma ‘Rapidly Intensifying’ Hurricane Maria Takes Aim at Puerto Rico, Virgin Islands Puerto Rico Rations Supplies Before Superstorm Hurricane Maria poses new threat to debt-laden Puerto Rico Can Bankrupt Puerto Rico Afford Another Hurricane? Bankrupt Puerto Rico Faces Direct Hit From Hurricane Maria
(DBN)

Puerto Rico debt deal 'unaffected' by hurricanes
(DBN)

Hurricane Irma Could Tip US Virgin Islands into Bankruptcy
(DBN)

Riley: Hey Hartford, Why Not Just Laugh at Bankruptcy , Like Elorza
(DBN)

______________

Oil/Gas:

US shale oil growth to slow in October as Harvey takes a toll, Department of Energy reports
(DBN)

Oil steady on tighter Middle East supplies, as rising US output weighs
(DBN)

IEA: Price Spike Coming In 2020
(DBN)

Seadrill Bankruptcy: Setup And Key Players
(DBN)

Gasoline prices slowly falling with bigger drops ahead
(DBN)

______________

Fraud:

Prosecutors, Gibson Dunn Get Testy as Trial Nears for Shkreli's Lawyer
(DBN)

Short-seller who exposed Valeant says 'it doesn't take a CFA' to recognize this next big fraud
(DBN)

Accused Ponzi Schemer Coming To Within 1,500 Feet Of Stadium Or Arena Near You
(DBN)

Kansas company sues former FourWinds CEO Bates
(DBN)

______________

Nuclear:

Utility CEO: Don't sell off failed nuclear project for parts
(DBN)

______________

Food/Beverage:

Triangle taco chain files for bankruptcy
(DBN)

______________

Aviation:

Zetta Jet Files For Bankruptcy Protection
(DBN)

______________

Taxis:

Uber: We don’t have to pay drivers based on rider fares
(DBN)

______________

Student Debt:

CFPB Settles With Owners of Wall Street's Worst Student Debt
(DBN)

______________

Mass Torts:

Judge Rules For Asbestos Lawyers And Trusts Facing Investigation From State AGs
(DBN)

Asbestos Lawyer May Get Second Chance to Petition Trust
(DBN)

______________

Credit Reporting:

Five Facts About Equifax’s Data Security Lawyer One Person's Equifax Odyssey The Equifax data breach: Here’s what retirees should be doing Equifax aside, consumers may never get the chance to easily sue financial firms Report: Equifax faces criminal probe over stock sales Why Regulation Won’t Fix Credit Reporting Agencies The Equifax fiasco is a classic case of ‘weapon of math destruction’ What did Equifax executives know and when did they know it? Lawsuits against Equifax are piling up, and that should just be the beginning New York wants NYDFS oversight of credit reporting agencies in wake of Equifax data breach It’s Already Time To Apply ‘Son Of Sam’ Doctrines To Equifax, If We Can Equifax acknowledges a second security 'incident' happened in March
(DBN)

______________

 


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 (Temporarily Unavailable)
(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)

______________

Bankruptcy Statistics:

BK MN: Updated Filing Statistics Posted
(DBN)

______________

Avoidance Actions:

9th Cir. Holds Creditor in Fraudulent Transfer Action May Recover Amounts Above Collateralized Debt
(DBN)

______________

Litigation:

Litigation Funder Longford Raises $500M as Industry Stays Flush
(DBN)

______________

Bankruptcy Reform:

Senate passes Family Farmer Bankruptcy Clarification Act
(DBN)

______________

UST:

UST Director Addresses the 35th Annual Convention of the National Association of Bankruptcy Trustees
(DBN)

UST Re-Issues Enforcement Guidelines for Bankruptcy Debtors Affected by Natural Disasters
(DBN)

______________

Executory Contracts:

Profit Sharing Ruled an Unenforceable Anti-Assignment Restriction
(DBN)

______________

Plan Confirmation:

A Pending Supreme Court Ruling Can’t Create a Claim that Doesn’t Currently Exist
(DBN)

______________

Finance:

Chapter 11 Bankruptcy and Loan Covenant Strictness
(DBN)

______________

Retailing:

Toys R Us files for Chapter 11 bankruptcy Toys ‘R’ Us Seeks Chapter 11 Bankruptcy Protection Amid Retail Turmoil Lazard debt restructuring banker returns to Toys "R" Us Ahead Of The Holiday Season, Toys ' R ' Us Files For Bankruptcy Toys ‘R’ Us files for bankruptcy amid struggle to pay down billions in debt Toys ' R ' Us Seeks Bankruptcy, Crushed by Debt and Online Rivals Toys ' R ' Us , Once a Category Killer, Is Forced Into Bankruptcy Toys 'R' Us, saddled with debt for a decade, prepares to file for bankruptcy Toys R Us bonds tumble to record lows on bankruptcy reports Toys 'R' Us files for bankruptcy as it buckles under $5bn worth of debt Toys R Us made 2 fatal mistakes that led to a death spiral Toys 'R' Us files for bankruptcy protection in US Toys ‘R’ Us Asian stores not affected by US parent’s bankruptcy, says Asian joint venture partner Toys R Us files for bankruptcy in the US and Canada Company Receives Commitment of Over $3.0 Billion in Debtor-in-Possession Financing to Support Operations First Day Dec
(DBN)

Toys 'R' Us bankruptcy fears hit Mattel and Hasbro

Wall Street bets Amazon will doom department stores, retailers
(DBN)

A German grocery store that's invaded the US is a bigger threat to Walmart, Kroger, and Target than anyone thought
(DBN)

Retail sales took a one-two punch from Harvey and Amazon
(DBN)

Since '08, Walmart paid 46x more income tax than Amazon
(DBN)

Aerosole's parent co. takes first steps in brisk Ch. 11 case
(DBN)

Filing ‘Chapter 22’ Becomes Enticing Option for Ailing Retailers
(DBN)

Hitting a Moving Target: Why Brick and Mortar Retail Is Alive and Well
(DBN)

______________

Politics:

Seven in 10 Dissatisfied With Way U.S. Is Being Governed
(DBN)

Segregation and changing populations shape Rust Belt’s politics
(DBN)

Trump Today: President opens UN speech by promoting one of his buildings Trump opens week at UN by calling out 'mismanagement,' underperformance
(DBN)

Obama’s taking White House-to-Wall Street path
(DBN)

Several Republican senators are in danger of losing primary battles — and it could signal where the party is going in the age of Trump
(DBN)

'Democrats deport!': Protesters bash Pelosi for dealing with Trump on immigration
(DBN)

Donald Trump Jr. gives up his Secret Service protection
(DBN)

The Trumps Say They're Opening Hotels In Dallas, Nashville And Elsewhere. We Couldn't Find Evidence Of Them Searching for the Trumps’ New Hotels
(DBN)

Pelosi Shouted Down by Protesters
(DBN)

Clinton Won't Rule Out Challenging Election
(DBN)

______________

Religion:

Archdiocese bankruptcy costs so far: nearly $16 million — in legal fees alone
(DBN)

______________

Personal Finance:

5 money mistakes that could doom your new marriage
(DBN)

______________

UK:

One in six people in the UK burdened with financial difficulties
(DBN)

Corporate recovery and business advisory firm Quantuma have signed up one of the UK’s leading insolvency specialists
(DBN)

Quantuma appointed as Liverpool law firms enters administration
(DBN)

Brexit: First to Go, 10,000 UK Finance Jobs
(DBN)

______________

EU:

Recast European Insolvency Regulation introduces new jurisdiction rules for insolvency-related claims
(DBN)

Geneva Police Confiscate Euro Bills Clogging Up Toilets
(DBN)

______________

PIIGS:

The IMF Needs to Stop Torturing Greece
(DBN)

The eurozone may be back on its feet. But is Greece?
(DBN)

______________

Canada:

GSNH LLP Welcomes Jennifer Stam
(DBN)

The ratio of debt to household income climbs to a summit
(DBN)

______________

North Korea:

Here's what North Korea trades with the world
(DBN)

Trump's UN Speech to Call for International Cooperation on NKorea
(DBN)

______________

Norway:

Troubled Norwegian waste collector behind Stockholm garbage crisis just filed for bankruptcy
(DBN)

______________

Australia:

R&I squad leaves NRF to set up new boutique
(DBN)

Creditors back CBS bid for Australia's Ten Network Ten Network's tribe has spoken as CBS outlasts rivals
(DBN)

Wages Rising Just A$3 a Year Has Aussies Snared In Debt Trap
(DBN)

______________

MENA:

Dana Gas faces $700m fight with Goldman, BlackRock
(DBN)

______________

India:

Indian Bankruptcy Law: Appeals And Challenges To Arbital Award Cannot Stall Bankruptcy Proceedings.
(DBN)

______________

Germany:

TUIfly eyes costs as it prepares to take back Air Berlin planes -HAZ
(DBN)

______________


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

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

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

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

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

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

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

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

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

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

Copyright 2017