April 16, 2018

The Daily Bankruptcy News

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Law:

Firms Without Women Won't Get Our Business, GCs Say
(DBN)

Law firms and doctors aided fraudulent claimants in $1B concussion settlement, NFL alleges
(DBN)

How I Paid Off My First Law School Loan By Using Coupons
(DBN)

Sweet And Sour Lawyering: When To Fight Fire With Fire
(DBN)

Columbia Law Alum And Legal Recruiter Cynthia Dow On How Lawyers Can Be Chosen For The C-Suite
(DBN)

Trump lashes out at Comey, calls him an 'untruthful slime ball' Inside the infamous dinner where Trump asked Comey for loyalty and threatened to fire him Comey calls for impeaching Trump, says he's 'morally unfit to be president' Former FBI Director James Comey gave his first interview since being fired by Trump. Here are the most revealing things he said Comey Interview Has FBI Insiders Lashing Out Transcript: Comey on ABC's 20/20 The premiere of "The Comey Show" Comey book draws on his mob prosecution experience to make loyalty pledge parallels The Comey Memoir’s Most Damning Allegation Against Trump Trump and Comey’s hate-hate relationship Trump lashes out again at 'slimeball,' 'slippery' Comey, suggests he should go to jail A tougher take on Comey James Comey recalled Trump's 'impressively coiffed hair' and hand size in his first meeting with the president The FBI's revenge Loretta Lynch: Comey never raised concerns to me about Clinton emails Comey says assumption Clinton would win "was a factor" in email probe Comey said disclosure of Clinton email probe was to prevent her from being seen as 'illegitimate' James Comey vs. President Trump. How It Came to This Republicans Nunes, Gowdy, Goodlatte demand unredacted copies of Comey memos Did James Comey admit to leaking classified intel on Trump? James Comey is No Hero
(DBN)

IG Report is Scathing on Andrew McCabe FBI Names McCabe's Replacement
(DBN)

John Boehner: Firing Bob Mueller is a "very bad idea" Paul Ryan: Not 'necessary' to bring up bill to protect Mueller Of Course Trump Can Fire Mueller. He Shouldn’t N.Y. Times editorial: "The president is not above the law" An Attack on the Rule of Law Mueller may have evidence corroborating a key dossier allegation about Michael Cohen and Russian collusion Absolutely Every Single Thing We Know About the Pee Tape Trump asked source to go on TV to call on him to fire Robert Mueller Trump allies reportedly fear FBI-seized taped conversations made by Trump lawyer Michael Cohen Comey and Mueller have both fallen into Trump’s trap
(DBN)

Independent New York Prosecutors Pose Potential Risk for Trump
(DBN)

Trump Lawyer Asks Judge to Shield Files From Prosecutors Michael Cohen May Have Tapes… Which Brings Us Into ‘Galatically Stupid’ Territory Law Firms Rarely Have Policies About Lawyers Recording Phone Calls Donald Trump, Michael Cohen Seek Pause of Stormy Daniels Lawsuit on 5th Amendment Grounds Before Learning of Raid on Lawyer, Trump’s Legal Team Discussed Mueller Interview Trump's attorney asks judge to let president vet seized Cohen documents Attorneys for Trump, Stormy Daniels Make Appearances at Michael Cohen TRO Hearing Prosecutors Say Cohen Under Investigation, Rebut Privilege Claims - Outline Squire Patton "Alliance Fee" Mueller Knows Cohen Was in Prague in 2016 Cohen asserts his legal team should conduct first-cut privilege review of raid documents
(DBN)

Sally Yates: U.S. Is ‘Teetering on the Brink of the Demise of the Rule of Law’
(DBN)

Stormy Daniels’s Silence Isn’t Tax-Free
(DBN)

'Here I stand': Rosenstein tells confidantes he's prepared to be fired
(DBN)

Why Trump Hasn’t Fired Sessions
(DBN)

Trump pardons ‘Scooter’ Libby; Comey had appointed the special counsel
(DBN)

I Ran U.S. Border Patrol—And I Support Trump's Call to Deploy the National Guard Gov. Brown: No Massive Wave of Illegals FactCheck: "There is no massive wave of migrants"
(DBN)

7 things you're doing that make people distrust you immediately
(DBN)

Starbucks CEO apologizes after employee calls police on black men waiting at a table Starbucks CEO apologizes to the 2 black men arrested in a Philadelphia store, says he wants to meet with them 'face-to-face'
(DBN)

Drug dealers arrested after police scan fingerprints from a WhatsApp photo
(DBN)

Robert Durst of 'The Jinx' goes on trial for murder charges after HBO documentary bombshell
(DBN)

Famed lawyer sets himself on fire in protest suicide against fossil fuels
(DBN)

Hackers stole a casino's high-roller database through a thermometer in the lobby fish tank
(DBN)

Vermont uses first major gun control laws to stop suspected school shooting plotter from getting a gun
(DBN)

Ex-lawyer convicted for coercing clients into sex gets 80-year sentence
(DBN)

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Judges:

Former federal bankruptcy judge for Southern Illinois, Kenneth Meyers, dies
(DBN)

For La. Judicial Nominee, The Safe Approach Turns Risky
(DBN)

Gorsuch Hires Native American Law Clerk, Likely First in SCOTUS History
(DBN)

Supreme Court Justices Face Growing Threats
(DBN)

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Wall Street:

Dow futures rise 150 points as Syria fears fade
(DBN)

European stocks inch lower as Syria conflict stays on traders’ radars
(DBN)

Dow closes more than 100 points lower as bank shares drop
(DBN)

A solid earnings season won't be enough to avert another correction, economist Robert Shiller says
(DBN)

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Layoffs:

GM Cuts One Shift at Cruze Ohio Factory
(DBN)

Layoffs at debt-ridden dental school raise anger at University of Washington
(DBN)

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Politics:

At E.P.A., Pruitt’s ‘Sheriff’ Clashed With Spending Critics
(DBN)

Syria Airstrikes Instantly Added Nearly $5 Billion to Missile-Makers' Stock Value Trump says strikes aimed at ending Syria’s use of chemical weapons An Obama alumna analyzes the Syria strikes Why the US claims of demolishing Syria's chemical weapons capabilities may be 'pure PR' Airstrikes Won't Stop Assad's Chemical Attacks Chaos, consultation: Inside Donald Trump’s decision to strike Syria Trump’s Syria whiplash Trump defends ‘mission accomplished’ after strike on Syria Trump on "Mission Accomplished": "Use often!" Neither Precise Nor Proportionate After Syria strikes, time to renew diplomacy Russia warns of 'consequences' for US-led strike on Syria as Putin blasts 'act of aggression' UN Security Council rejects Russia-sponsored resolution condemning Syrian intervention US accuses Russia of possibly tampering with gas attack evidence in Syria Why Trump Can't Just Take Out Assad Putin Predicts Global Chaos with Next Strike
(DBN)

Krugman: The Ryan Story Paul Ryan’s retirement suggests his brand of conservatism has lost Boehner on Ryan's Biggest Disappointment
(DBN)

Trump approval declines, and Democrats have big enthusiasm edge over GOP for midterms: NBC/WSJ poll Gallup: Trump Favorable Rating Dips Trump Approval Rating Climbs to 40%, Highest Level This Year Between the lines of Trump's approval ratings tweet Democratic enthusiasm for 2018 mirrors GOP's in 2010
(DBN)

Nikki Haley: New round of Russia sanctions are coming Monday Pentagon announces 2,000% increase in Russia trolls since Friday
(DBN)

Panama president: Trump company letter on hotel a strategic mistake
(DBN)

RNC fundraiser resigns after report of $1.6 million Playmate payoff
(DBN)

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Newspapers:

Meet the Vulture Capitalists Who Savaged ‘The Denver Post’
(DBN)

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Telecoms:

Year in, bankruptcy of fiber network operator drags on
(DBN)

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Education:

University was collateral: CPN takes SGU to court for default
(DBN)

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Agriculture:

Judge orders Oregon dairy to cooperate with auction
(DBN)

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Banking:

Bank of America beats, delivers a record quarter
(DBN)

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Travel:

Flight forced to divert after a man threatened staff with a fountain pen
(DBN)

The Horrifying Next Generation Airline Seat
(DBN)

Southwest Passengers Thought Death Was Near
(DBN)

Pets on a plane: Airlines turn to government for help in taming rise of emotional support animals
(DBN)

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Economy:

Consumer sentiment slips more than expected in April after hitting 14-year high
(DBN)

Q1 GDP Forecasts Fed Nowcast: 2.8% for 2018:Q1 and 2.9% for 2018:Q2.
(DBN)

Trillion Dollar Deficits and the Next Downturn
(DBN)

Average Credit Card Debt Now $15,983 Consumer Credit, Revolving Credit and Nonrevolving Credit from February 2008-February 2018
(DBN)

Rising interest rates sounding alarm bells for debt-laden consumers
(DBN)

BLS: Job Openings "Little Changed" in February
(DBN)

Kudlow Plays ‘Happy Warrior’ Role as Counselor to Trump
(DBN)

Former Speaker John Boehner: Deficit will be 'No. 1 issue' in 6 months
(DBN)

Minimum wages for these workers haven't gone up since 1996: Here's why that's a problem
(DBN)

Personal Saving Rate and Real Personal Income less Transfer Payments
(DBN)

Japan is cautiously encouraging Trump on TPP Trump’s Pacific Rim Shot
(DBN)

Is Trump Serious About Trade War? China’s Leaders Hunt for Answers Trump's shift on a massive deal is the latest example of his confounding trade policy TPP Countries: You can get in on this thing if you want, but we’re not renegotiating it for your benefit Navarro: China's Faux Comparative Advantage Ag experts troubled by GOP Senate candidates' tariff talk
(DBN)

Economists understand little about the causes of growth
(DBN)

LA area Port Traffic Decreases YoY in March
(DBN)

Tax cuts were supposed to juice the economy, but banks aren’t seeing it
(DBN)

The Longest Expansions in U.S. History
(DBN)

White people abandon diverse neighborhoods for racial, not economic reasons
(DBN)

Star Analyst Who Predicted Bank Collapse Is Ducking the Spotlight
(DBN)

Here are the US counties where more people are dying than being born
(DBN)

Kentucky’s tax cut for the top 5 percent survives despite governor’s veto
(DBN)

The vaunted 'synchronized upswing' in the global economy is starting to look patchy
(DBN)

GE's Credit Rating Is at Risk
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

Millennials are buying a lot more homes than you think
(DBN)

We’ve seen a slowdown at the top end of the housing market, says economist
(DBN)

Home affordability projected to weaken at the fastest pace in a quarter-century
(DBN)

Zillow shares plunge 9 percent on the company's plan to start flipping homes
(DBN)

"It’s our form of apartheid": How Galveston stalled public housing reconstruction in the 10 years after Ike
(DBN)

Lenders slowly easing credit standards, hits highest level since 2013
(DBN)

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Municipalities:

Muni Lowdown
(DBN)

Puerto Rico Deep Dive
(DBN)

Puerto Rico to Offload Inmates to U.S. From ‘Archaic’ Prisons
(DBN)

Pimco, Long Shy of Puerto Rico, Bought In. Then the Bonds Soared
(DBN)

No Taxpayer Bailout for Puerto Rico's Creditors
(DBN)

Junk Cities: Insolvency Crises in Overlapping Municipalities
(DBN)

A $76,000 Monthly Pension: Why States and Cities Are Short on Cash
(DBN)

A 'Poisoned' City's Spirit of Resilience
(DBN)

Hartford debt deal with state sparks political debate
(DBN)

Kentucky gov. apologizes for comments linking teacher protests to child abuse
(DBN)

Which states might experience the next wave of teacher strikes?
(DBN)

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Oil/Gas:

Oil Bust Bankrupted 330 Companies
(DBN)

Oil Rigs "Horizontal oil rigs come in flat" Texas and Gulf of Mexico lead rig count jump
(DBN)

Oil dives as the West hints at no further Syria strikes If oil hits $80, there's a lot more at play than airstrikes in Syria
(DBN)

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Retailing:

Toy maker plans Toys ‘R’ Us bid after longshot crowdfunding campaign Billionaire to Try to Save Toys R Us Toys ‘R’ Us Gets 11th-Hour Bid From Little Tikes’ Larian Billionaire CEO behind Bratz makes his bid for Toys 'R' US
(DBN)

Mattel closes New York office after Toys R Us liquidation
(DBN)

We shopped at Mattress Firm and saw why it could be on the verge of closing hundreds of stores
(DBN)

Slammed by Trump, Amazon’s Jeff Bezos chooses the silent treatment Trump wants to prove his point about Amazon – so he’s looking into the Post Office’s finances
(DBN)

Amazon warehouse workers pee into bottles because they are scared of being punished for taking a comfort break Several Amazon workers 'have considered suicide
(DBN)

Battle Over Sales Tax for Online Purchases
(DBN)

Retail Bankruptcies Expected in 2018
(DBN)

Bid to save Carson's from liquidation faces setback Bid by liquidators will start the bidding in Bon-Ton Stores bankruptcy auction
(DBN)

What to Expect From Retail Sales After the Trump Tax Cuts
(DBN)

3 sectors that could fall as online marketplaces rise
(DBN)

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Marijuana:

Trump administration abandons crackdown on legal marijuana Trump strikes deal with top Senate Republican protecting legalized marijuana states
(DBN)

‘Never’: John Boehner on whether he’s used cannabis
(DBN)

As opinions shift on legalized weed, here's how the sector is still being held back
(DBN)

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Entertainment:

"Drinking water from a fire hose:" The Weinstein Company Chapter 11 Hearing #2
(DBN)

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Mass Torts:

Bard hit with $35 million punitive damages in NJ pelvic mesh case
(DBN)

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Coal:

Perry seems in favor of emergency order to bail out coal, nuclear plants
(DBN)

Oil and gas lobby comes out against a coal utility's bailout: 'Let the market work'
(DBN)

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Biofuels:

Trump says biofuel plan will 'make farmers happy,' help refiners
(DBN)

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Waste:

The world is scrambling now that China is refusing to be a trash dumping ground
(DBN)

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New Bankruptcy Opinions
(12 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (30 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (31 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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Safe Harbors:

Supreme Court’s Merit Management Ruling Highlights Potential Alternative Path to Safe Harbor
(DBN)

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Professional Compensation:

Better Think Twice Before You Tell Your Debtor Client to Pay You with a Credit Card
(DBN)

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Healthcare:

Protecting Patient Information in Bankruptcy Cases
(DBN)

ManorCare wins court approval to exit bankruptcy under landlord
(DBN)

Lawsuits over deaths at Upstate nursing homes stopped by bankruptcy filing
(DBN)

Bankruptcy judge rules Derby nursing home to close by June 10
(DBN)

How banks, lawyers and doctors sell bad surgeries
(DBN)

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Student Debt:

Why Would the Government Stop States From Helping Student Borrowers?
(DBN)

Strategic Default on Student Loans
(DBN)

Debt-ridden students cheer free college idea; others warn of consequences
(DBN)

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Fraud:

Sen. Carlos Uresti, Convicted of Fraud Charges, Resigns Law License in Lieu of Discipline
(DBN)

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Personal Finance:

When to Take Social Security
(DBN)

Costco employees share their 9 best hacks for getting an even better deal
(DBN)

What to say when an interviewer says, 'Describe yourself in 3 words'
(DBN)

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Autos:

Tesla relied on too many robots to build the Model 3, Elon Musk says
(DBN)

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Newspapers:

Local investors part of new Gazette-Mail ownership group
(DBN)

California Newspaper's Staggering Body Count
(DBN)

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Food/Beverage:

Pizza Chain Bertucci's Is Preparing Bankruptcy Filing Bertucci’s is reportedly preparing to file for bankruptcy Massachusetts-based Bertucci's preparing bankruptcy filing, report says
(DBN)

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Electricity:

FirstEnergy Solutions bankruptcy is a boon for lawyers, other professionals
(DBN)

Panda Power emerges from bankruptcy
(DBN)

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UK:

The price administrators paid for “irrational” removal of receivers.
(DBN)

Jaguar Land Rover Cuts 1,000 Jobs
(DBN)

Carillion Construction had £6.9bn liabilities when it collapsed
(DBN)

Philip Green defends his record on BHS Sir Philip Green calls MPs ‘a complete bunch of old w*****s' — and denies any responsibility for BHS collapse
(DBN)

Why 25% of English farms could go bankrupt after Brexit
(DBN)

BoE: Robots causing millions of job losses could lead to the rise of communism
(DBN)

UK growth to lag behind other G7 nations
(DBN)

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Canada:

'House of cards': While developer faces police investigation, Langley condo buyers left in cold
(DBN)

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India:

Watching Air India stake sale process 'closely', may get involved at later stage: International Finance Corp
(DBN)

Binani withdraws plea in Supreme Court for out-of-court settlement
(DBN)

Debt-ridden Farmer Commits Suicide
(DBN)

Give Insolvency and Bankruptcy Code a chance
(DBN)

Stressed Asset Resolution Key To Turning Green Shoots Into Growth, Says L&T
(DBN)

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Australia:

US District Court upholds safe harbour protection of swap agreements from ipso facto prohibitions – lessons for Australia
(DBN)

Who is really selling Blue Sky investors short?
(DBN)

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South Korea:

GM hints at withdrawing debt-for-equity swap plan for Korean unit GM's troubled Korea unit says annual net loss widens to $1.1 billion
(DBN)

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Zambia:

Zambia says IMF has not asked for independent debt audit
(DBN)

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Russia:

Rusal's US creditors trapped by sanctions
(DBN)

Russian stocks slip as traders brace for another round of U.S. sanctions
(DBN)

Russia Gambles That Its Debt Is Too Popular to Sanction
(DBN)

Trump felt misled, angry over expulsion of 60 Russian diplomats: report Trump's aides push him toward tougher stance against Russia
(DBN)

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Hong Long:

Noble Group's Shares Soar as Creditor Backing for Deal Tops 75%
(DBN)

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China:

China's Economy Poised to Brush Off Trump Threats, Debt Campaign
(DBN)

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MENA:

Israel police use stun grenades to quell ultra-Orthodox 'rioters'
(DBN)

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