September 29, 2017

The Daily Bankruptcy News

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Law:

Biglaw Firm Impresses Associates (And Staff) With Enhanced Parental Leave Policy
(DBN)

Which law schools had highest loan default rates for fiscal year 2014?
(DBN)

Duane Morris settles with client who said firm went $600K over budget
(DBN)

WilmerHale And The Terrible, Horrible, No Good, Very Bad Day Of Leaking Client Whistleblower Docs To The WSJ
(DBN)

3 Tips For Negotiating Your In-House Salary
(DBN)

7 Things To Do (And Not Do) Before Giving Notice
(DBN)

Understanding The Duty Of Legal Technology Competence
(DBN)

Power Niche Marketing: Turning Your Niche Into A Power Niche — Augmenting Your Power
(DBN)

The goal of equality has not been reached
(DBN)

Jared Kushner's lawyer accidentally forwarded a sensitive Senate Intel letter to an email prankster • A Brand New Email Screw-Up For Abbe Lowell
(DBN)

Law firm’s automatic deletion of spam emails is blamed for failure to file timely appeal
(DBN)

When Information Security Became a Lawyer’s Thang
(DBN)

The Defense Lawyers On Mueller’s Probe
(DBN)

Justice Department and FBI reportedly resisting lawmaker's demand for 'Trump dossier' files
(DBN)

Mike Pence sent his lawyer to meet with Robert Mueller over the Russia investigation
(DBN)

Jeff Sessions Has a Point About Free Speech
(DBN)

Judge: Black Lives Matter is a movement that can't be sued
(DBN)

Parents, Son Brutally Beaten By Mob Of Line-Cutters At Six Flags
(DBN)

UK: Homophobic lawyers a huge problem, says study
(DBN)

Police Union Complains That Public Got to See Them Roughing Up Utah Nurse
(DBN)

Federal jury scam resurfaces in Alabama's Middle District
(DBN)

Man fires gun and kills himself at law firm that represented his ex-wife
(DBN)

Watch Out South Florida Lawyers — The FBI Is Looking At You
(DBN)

Barrister confronted by armed police over “stolen” orange juice
(DBN)

Plaintiff’s Attorneys Are The Heroes In ‘Law And Vengeance’
(DBN)

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Judges:

Here Are the Biggest Cases Coming Up at the Supreme Court This Term
(DBN)

Americans’ Views of Supreme Court Ideology Shift
(DBN)

Justice Ruth Bader Ginsburg Thinks Sexism Is To Blame For Presidential Election Results • Ginsburg says sexism was a ‘major, major factor’ in Clinton’s loss
(DBN)

When Ruth Bader Ginsburg Thanked Hugh Hefner
(DBN)

Trump picks Texas conservatives Willett and Ho for powerful appeals court • Prolific tweeting Texas justice is among 4 nominees for the 5th Circuit • A Surprising Turn In The Fifth Circuit Sweepstakes (Plus Seven Other Federal Judicial Nominees)
(DBN)

Supreme Court Returns With New Faces, Same Contempt For Working People
(DBN)

Gorsuch speech at Trump hotel sparks questions, protests • Neil Gorsuch gave a speech at the Trump International Hotel — and it sparked an uproar
(DBN)

Biggest Cases to be Heard by SCOTUS This Term
(DBN)

GOP Approval of Supreme Court Surges, Democrats' Slides
(DBN)

From her dad’s killing during the crack epidemic to a Supreme Court clerkship
(DBN)

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Wall Street:

U.S. stocks head for weaker open, but monthly gains look secure
(DBN)

Stocks close higher on Wall Street
(DBN)

Do I hear 2,700? Brace for S&P 500 to leap as tax plan ‘gets people to believe’
(DBN)

El-Erian warns of ETF contagion risks
(DBN)

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Layoffs:

Spring Hill GM plant to lay off 680 employees
(DBN)

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Travel:

Airlines Suffer Worldwide Delays as Amadeus Booking System Fails
(DBN)

Delta announces free in-flight texting, but there's a catch
(DBN)

Airline passengers are getting fewer perks for the same price
(DBN)

The woman who was forcibly dragged by police from a Southwest Airlines flight is now facing multiple charges
(DBN)

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Retailing:

Business owners on Main Street are a mental mess over Amazon
(DBN)

Toys 'R' Us - Not the Last LBO Shoe to Drop • Toymakers say there is ‘widespread panic’ following Toys R Us bankruptcy • Toys R Us bankruptcy , millions in unpaid invoices rattle suppliers • How risky business bankrupted Toys 'R' Us • Toys R Us sales woes may have been sign of what was to come • Toys R Us qtrly net sales $2.17 billion • Crayola hit by Toys R Us bankruptcy • Toys R Us Hires A&G Realty to Renegotiate, Terminate Store Leases
(DBN)

Why we haven’t heard the last of the US mall
(DBN)

The Case For Sears Holdings' '18 Secured Bonds
(DBN)

The 50 people left at RadioShack HQ will be moving out of downtown Fort Worth
(DBN)

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Politics:

Donald Trump vs. Pro Football Is a Ratings Game the NFL Can’t Win • Trump: NFL owners are 'afraid' of players and 'it's disgraceful' • So, the Russians DID interfere... with the NFL anthem protest controversy • Restaurants may find business and politics don't mix as they weigh banning NFL games • Who kneeled and who stood on every NFL sideline • Root: Trump Fans Will Bankrupt the NFL
(DBN)

Day 253: What Trump has done
(DBN)

The GOP's Identity Crisis • Trump: The Culture War President
(DBN)

Trump needles Mitch McConnell over the Senate's 'horrible' filibuster rule • Paul Ryan just joined Trump's push to get Mitch McConnell to go 'nuclear'
(DBN)

Lawmakers criticize Twitter for lack of transparency over Russian meddling • Twitter: Hundreds of Russian Linked Accounts
(DBN)

Scalise Returns to Capitol Months After Near-Fatal Shooting
(DBN)

Roy Moore cements a Republican Party transition to acceptance of open intolerance of Muslims that is a long time coming • Charlie Sykes: Roy Moore Signals the End of the Republican Party
(DBN)

It was candidate Trump's best trick. Now it's stalling President Trump's agenda.
(DBN)

Calls grow for Trump to bring more resources to aid hurricane-devastated Puerto Rico
(DBN)

Price on thin ice • Tom Price says he'll pay back $52,000 of more than $400,00 in taxpayer funds he used for private travel • Health chief Price will repay $51K for 'my seat' on pricey jet jaunts that cost taxpayers $400K • The cost of Tom Price's air travel tops $1 million
(DBN)

Ex-U.S. Rep. Mel Reynolds guilty on four misdemeanor tax counts
(DBN)

FEC Fine Over Illegal Clinton PAC Donation
(DBN)

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Healthcare:

Individuals in the US Diagnosed with Cancer are 2.7 Times More Likely to Declare Bankruptcy Than Individuals Without Cancer
(DBN)

Former hospitals find new life as apartments and condos
(DBN)

Freestanding emergency room operator Adeptus may soon emerge from bankruptcy
(DBN)

Administration: We're Sabotaging ObamaCare
(DBN)

How Curtailing Obamacare's Medicaid Expansion Would Hurt Cancer Patients
(DBN)

In Shift, Health Care Ties Economy as Voters’ Top Issue A new survey finds rising health care concerns mirror increased focus on Capitol Hill
(DBN)

This State Has the Best Health Care in America
(DBN)

The Ongoing, Quiet Repeal
(DBN)

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Cybersecurity:

On Behalf of Equifax, I'm Sorry • Freezing your credit after the Equifax breach won't prevent the most common type of identity theft — here's what will • 3 Weeks Later, Equifax Makes a Peace Offering • The real problem with credit reports is the astounding number of errors • Equifax's Latest Offer: Is It Enough? • Equifax to allow users to lock, unlock credit data for life -- for free • I finally got the Equifax credit monitoring service. Why I still don't feel safe.
(DBN)

Whole Foods is investigating a credit card security breach
(DBN)

The Equifax and SEC Data Breaches: Takeaways, Reminders & Caveats
(DBN)

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Electricity:

SCANA Corp. says V.C. Summer rate proposal could threaten utility's financial integrity
(DBN)

No decision on relief for utility customers
(DBN)

Two firms reportedly to bid for Westinghouse
(DBN)

Suit accuses utility of misleading investors on nuke project
(DBN)

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Fashion:

H&M's profits down 20%
(DBN)

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Media:

No Mention Of Gawker Ch. 11 Could Doom Deadspin Libel Suit • Univision Lawyer Says Deadspin Defamation Lawsuit Wasting Money
(DBN)

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Economy:

US second-quarter GDP growth revised up to 3.1 percent • US economic growth hits a 2-year high • Final reading on Q2 GDP up 3.1%, vs 3% rise expected
(DBN)

Trump’s Tax Cuts Seen Producing Short Job Growth ‘Sugar High’
(DBN)

Weekly Initial Unemployment Claims increase to 272,000 • US jobless claims increase more than expected • Hurricanes inflate weekly unemployment claims
(DBN)

Kansas City Fed: Regional Manufacturing Activity "Continued to Expand Solidly" in September
(DBN)

Cohn says entire tax cut can be paid for with economic growth • Gary Cohn dodges whether tax cuts will help Trump • Mnuchin: Tax plan will cut deficits by $1 trillion • Economists: Tax Plan Will Increase Deficit • I helped create the GOP tax myth. Trump is wrong: Tax cuts don’t equal growth. • Here's how the Trump tax plan would raise taxes on many middle-income families • Steven Mnuchin's Defense of Trump's Tax Plan • Trump Fact Check: "No, I don't benefit, I don't benefit" from tax proposal. • Trump’s Cabinet Would Benefit from Tax Plan Too • How the Wealthy — and Trump — Win Under the New Tax Plan • 6 Charts: The GOP's New Tax Plan • Richest Americans Doubt They’ll Really Win in Trump’s Tax Plan • This tax cut isn’t for the middle class, which only pays 2.5% now • Count the Broken Promises in the GOP Tax Plan • Deficit Rules May Keep Tax Plan Temporary • Does the GOP Tax Plan Double the Standard Deduction? Not Really – Here's Why • 9 ways Trump’s tax plan is a gift to the rich, including himself • Trump sells his vague tax plan with a speech filled with inaccuracies • Does Trump benefit from proposed tax cuts? 'Let me count the ways' • Trump Fact Check: Ending the estate tax would "protect millions of small businesses and the American farmer." • How the GOP could repeal the estate tax — and rip off 99.8 percent of us • 'All the goodies but none of the pain': What Wall Street is saying about Trump's tax plan • Trump adviser 'can't guarantee' taxes won't go up for middle class • No, we're not raising taxes on lower earners, GOP leaders say • House Speaker Paul Ryan on tax reform: 'We really can get this done this year' • Cohn says tax cuts will be paid for by growth of 'substantially over 3%' • Trump's Economic Adviser Killed The GOP Tax Plan With One Disastrous Interview • These Are No Reagan Tax Cuts • Middle Class Gets 'Little Or Nothing' Out Of GOP Tax Plan, Democratic Senator Says • In Trump Tax Plan, a Windfall for Businesses Large and Small • Gary Cohn: 'No room to negotiate' our 20% corporate tax-rate proposal • How America's Vision of Progressive Tax Reform Died • Here's the biggest missing piece in GOP tax plan • Tim Mullaney: Trump’s tax plan: It’s not great, but it could have been worse • Cohn Says Trump Is Committed to Ending Carried Interest 'Loophole' • Republicans have a $700 billion problem that could make their new tax plan nearly impossible • The Trump Tax Reform's Pass-Through Boondoggle • How Three Industries May Fare Under Trump's Tax Framework • 4 big tax breaks you may lose under GOP tax plan • Republicans face 5 big obstacles to success on tax reform • Trump’s tax plan is one big step from reality
(DBN)

Gary Cohn says a typical American family earns $100,000 a year—here's how much they really make • Gary Cohn apparently doesn’t know what things cost
(DBN)

Advocates fear Trump plan may ‘Rothify’ 401(k) plans, taxing them upfront
(DBN)

A House Republican explains why deficits don’t matter anymore
(DBN)

Trump's tax plan will boost GDP, lift stocks and force a Fed rethink, RBC says
(DBN)

Dollar dips after Trump tax plan spurt, bond yields stay up
(DBN)

Corker's Focus on Deficit May Force GOP to Scale Back Tax Cuts
(DBN)

Paul Ryan: We are bringing the budget to the floor next week
(DBN)

The Republican Attack on Feeding the Hungry
(DBN)

Britain's May fires warning to Boeing over Bombardier trade dispute • Analysts pan Boeing strategy in pushing for tariffs on Canada’s smaller jet • After Winning Trump’s Ear, Boeing Notches Victory in Trade Spat
(DBN)

Imposing trade restrictions will hurt the US auto industry, says a port CEO
(DBN)

Whites' Net Worth Is Substantially Higher Than The rest of the Country
(DBN)

Janet Yellen Can’t Help Retirees
(DBN)

IBM now has more employees in India than in the US
(DBN)

UK-US relations shaken by Boeing-Bombardier dispute
(DBN)

Here’s Where the Most Millionaires Are Being Minted • Here's How Much Money the World's Millionaires Have
(DBN)

Americans Who Are Too Broke to Drive
(DBN)

Senate Democrats push for $500 billion in infrastructure investment
(DBN)

Population Pyramids of the 10 Largest Countries
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

Mortgage rates stay flat but tax plan fallout looms ahead
(DBN)

2nd Circ won't undo $806 million RMBS judgment
(DBN)

Cohn: Who Cares About a Mortgage Deduction?
(DBN)

Single Family Mortgage Serious Delinquency Rates Continue to Decline, according to Freddie Mac
(DBN)

Bankruptcy judge finds Peoria attorney liable on one count in Florida condo deal
(DBN)

UBS: These 8 housing markets around the world are closest to a bubble
(DBN)

Senate passes FAA extension without flood insurance provision
(DBN)

Seattle is the hottest real estate market in the country—by far
(DBN)

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Municipalities:

Credit Counseling and Financial Education Requirements for Bankruptcy Filers Are Waived Temporarily In Puerto Rico and the U.S. Virgin Islands
(DBN)

Trump just waived an obscure, 1920 shipping law that may have been crippling Puerto Rico even more • Homeland Security grants Jones Act waiver for storm-ravaged Puerto Rico • Trump’s lifting of shipping restrictions won’t speed aid to Puerto Ricans, executives and unions say • Is the Jones Act Waiver All Politics?
(DBN)

Puerto Rico's supply chain 'broken down' as 9,500 containers remain stuck at port • Puerto Rico's fuel deliveries break down in the wake of Maria's devastation • Getting relief supplies to Puerto Rico ports is only half the problem
(DBN)

Puerto Rico Bondholders Face Bigger Loss as Hurricane Toll Grows
(DBN)

Puerto Rico’s Isolated Mountain Communities Are Rapidly Running Out of Food And Water
(DBN)

Puerto Rico Rejects $1 Billion Loan Offer From Creditors
(DBN)

Puerto Rico's debt-plagued power grid was on life support long before hurricanes wiped it out • Puerto Rico’s Colonial Legacy Doomed It To Dirty Electricity — And Now Darkness
(DBN)

U.S. aid to Puerto Rico seen topping $30 billion -congressional aide • White House to ask Congress for emergency funds for Puerto Rico
(DBN)

Dead in Puerto Rico are underreported
(DBN)

Puerto Ricans say Trump's disaster response was too slow, too clumsy
(DBN)

U.S. Army Takes Over Massive Mission to Save Puerto Rico • General Who Turned Around Katrina Response
(DBN)

Democrats to Trump: Send an aircraft carrier to help Puerto Rico with Hurricane Maria
(DBN)

Evacuees leave Puerto Rico by cruise ship, some doubting they will return • Puerto Rico's new worry is a population flight to the US mainland that could slow its recovery • Where Puerto Ricans Will Move After This Crisis • After Hurricanes, Islanders Question Their Futures in Paradise • Mainland U.S. cities expect Puerto Rican arrivals
(DBN)

Here’s What Puerto Rico Faces Once It Gets Past Maria • Puerto Rico could feel the effects of Hurricane Maria for decades
(DBN)

Trump Fact Check: Did Donald Trump Bankrupt a Golf Course, Leaving Puerto Rico with $33 Million in Debt?
(DBN)

Puerto Rico Disaster Bigger Than Katrina • Puerto Ricans: Relief Efforts are Failing • Fecteau: A Federal Failure in Puerto Rico • Puerto Rico: ‘Gangs with AK-47s are raiding fuel supplies’, claims man who fled devastation
(DBN)

This cruise was canceled to run a rescue mission in Puerto Rico and US Virgin Islands
(DBN)

Hurricane Maria loss estimated much lower at up to $30bn by RMS
(DBN)

How the Fed Is Assisting Hurricane Ravaged Puerto Rico
(DBN)

Puerto Rico Is Our Future
(DBN)

Is Salinas going bankrupt? Finance options debated by city • Salinas hopes to avoid bankruptcy
(DBN)

Hartford bond insurers hire long-time public finance turnaround pro
(DBN)

Restructuring Debt Or Bankruptcy: Hartford Meets Resistance Either Way
(DBN)

What suburbs can expect from a Hartford bankruptcy filing
(DBN)

Hartford bankruptcy could have 'contagion' effect •Hartford Bankruptcy Could Mean Higher Borrowing Costs For Connecticut Towns, Firm Says
(DBN)

Connecticut governor vetoes budget as spending cuts loom
(DBN)

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Oil/Gas:

5 large-cap oil stocks are up 20% or more in September — and more gains appear on tap
(DBN)

Bankruptcy watchdog wants Seadrill to keep cash with US banks
(DBN)

From Boom To Bust To ... Stability? The Future Of Oil Prices
(DBN)

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Celebs:

RHONJ star Giudice dishes on marital woes in new book
(DBN)

50 Cent says Trump offered him $500,000 to help win over black voters
(DBN)

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Autos:

‘Old GM’ Litigation Gets Settlement Guidance From Court

Top VW Manager Arrested for Diesel Scam
(DBN)

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Gambling:

Caesars Clears Final Regulatory Hurdles to Emerge from Bankruptcy in October
(DBN)

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Agriculture:

Lawsuits Mount Against Zeeland's Boersen Farms
(DBN)

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Solar:

SunEdison Directed To Patch Up D&O Allocation Agreement
(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 (18 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (48 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:

Chicago's Bankruptcy Boom • Here's What's Driving Chicago's Bankruptcy Boom
(DBN)

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Tax:

IRS's $4.3M Claim Against Debtor Doesn't Have Priority Status
(DBN)

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TBTF:

Eight U.S. banks given extra year to submit 'living wills': Fed
(DBN)

A Dodd-Frank Rewrite That Would Increase the Chance of Bailouts
(DBN)

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Litigation:

What It Takes to Dominate in the Elite Game of International Litigation
(DBN)

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Insurance:

Five Things to Know About D&O
(DBN)

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Proofs of Claim:

Supreme Court Restores Order to Bankruptcy Claims Process
(DBN)

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Avoidance Actions:

Private Schools Defeat Clawback Claim by Chapter 7 Trustee
(DBN)

Recovering Tax Payments From IRS as Fraudulent Transfers (§ 544(b)): The “Actual Creditor” Issue
(DBN)

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Safe Harbor:

Supreme Court to consider statutory safe harbor for debtors' pre-petition securities transactions
(DBN)

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ADR:

You Have Options: The Use of Alternative Dispute Resolution in Insolvency Proceedings
(DBN)

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Notice:

Comments On Bankruptcy Judge's denial Of Request For Email Service On New Zealand defendant
(DBN)

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Ch. 7:

Quarterly Chapter 11 Fees Paid First in Chapter 7 Distributions
(DBN)

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Nuclear:

Blackstone, Apollo team up for Westinghouse bid: Sources
(DBN)

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Coal:

Troubled Coal Industry Could Use Some Consolidation
(DBN)

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Student Debt:

More Americans Are Falling Behind on Student Loans, and Nobody Knows Why
(DBN)

An important metric measuring student loan defaults just went up
(DBN)

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Distressed Investing:

Lynn Tilton Wins SEC Fraud Trial She Worked Hard to Avoid
(DBN)

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Aviation:

American Airlines CEO: 'I don't think we're ever going to lose money again'
(DBN)

Southwest Air Sees $100 Million Hit From Hurricanes, Earthquakes
(DBN)

Ryanair Pilot Drama Will Lead to 2 Million Fewer Passengers in 2017
(DBN)

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Food/Beverage:

Tight-fisted diners are flocking to fast food, not midprice restaurants
(DBN)

How the 'grocerant' is disrupting the $500 billion food industry
(DBN)

Restaurant Performance Index Declines For Second Month
(DBN)

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Personal Finance:

How to split the check at a restaurant without losing friends
(DBN)

How much money a 30-year-old has to save to be a millionaire by 67
(DBN)

What if your spouse doesn’t care about money?
(DBN)

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Nuclear:

Private equity bids on bankrupt nuclear power player
(DBN)

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Pensions:

Former AG Violet Talks Says Diocese Treatment of St. Joseph Retirees is Outrageous
(DBN)

The coming pension storm is going to be every man for himself
(DBN)

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Hedge Funds:

Whitney Tilson to Shut Hedge Fund After ‘Sustained’ Poor Returns
(DBN)

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UK:

Boeing Calls Theresa May's Bluff After Threat to Retaliate Over Bombardier Aid
(DBN)

Former Scotland football ace Billy McKinlay made bankrupt
(DBN)

London house prices are falling for the first time in 8 years — and 'the slowdown will worsen'
(DBN)

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PIIGS:

Why Germany's Shakeup Won't Help Greece
(DBN)

Here’s how bad a Spain-Catalonia split could really be
(DBN)

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Canada:

Appearances Can Be Deceiving: A Re-Characterization of a Secured Creditor’s Debt Claim as an Equity Contribution
(DBN)

Alberta needs to address $8 billion well cleanup risk
(DBN)

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China:

Predatory lending policies are driving Chinese students to suicide
(DBN)

S&P Says China's Debt Will Grow 77% by 2021, Bold Action Needed
(DBN)

Chinese Creditors Find Even State-Backed Credit Protection Has Its Limits
(DBN)

Skeletons in China's Property Closet
(DBN)

Default Fears Make Some China Local Bonds Lemons of Market
(DBN)

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Australia:

Why Australia needs new insolvency laws for small businesses
(DBN)

Getting Agencies ready for ipso facto reform
(DBN)

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MENA:

Trump's Bankruptcy Lawyer: Israel Falsely Claims Israel Is 'Only Occupying Two Percent of the West Bank'
(DBN)

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India:

Here’s how bad India’s bad loan problem is. Hint: It’s far worse than China
(DBN)

China and India's Bad Debts Spell Opportunities, Oaktree Says
(DBN)

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Germany:

Validity of bridge loans in pre-insolvency scenarios in Germany
(DBN)

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Russia:

All Of A Sudden, Russian Private Companies Falling To Pieces
(DBN)

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