April 17, 2018

The Daily Bankruptcy News

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Law:

Bankruptcy and Restructuring Partner Christopher Jarvinen Joins RK&O
(DBN)

What 10 Legal Department Luminaries Have Said About Outside Firms
(DBN)

How the Supreme Court's Online Sales Tax Case Could Affect Law Firms
(DBN)

Sheppard Mullin Launches Dallas Office
(DBN)

Mayer Brown names UK lawyer Jeremy Clay managing partner
(DBN)

Bilzin Sumberg Reports Down Year in 2017 After Earning Big Fees the Year Before
(DBN)

The Largest Law Firm In The United States
(DBN)

Anatomy Of A Mega Firm
(DBN)

Hidden Gender? London Lawyers Are Divided Over True Pay Gap
(DBN)

Delta's Top Lawyer 'Begging' for Project-Based Billing
(DBN)

TX trial lawyer Walter Umphrey ‘seduced’ and ‘swindled’ by mistress, trial lawyer’s wife files $2M suit
(DBN)

Power Company's Legal Malpractice Suit Against Greenberg Traurig Gets Tossed
(DBN)

LSAT's Grip on Law Schools Loosens With ABA's Latest Move
(DBN)

Proposal would end admission-test requirement for accredited law schools
(DBN)

An Argument For Why Telling Students To Treat Law School Like A Job Is Bad Advice
(DBN)

Thinking of Ditching Big Law for a Startup? Read This First
(DBN)

An Innovative New Boutique’s Continued Expansion
(DBN)

Checking In On ‘Allen & O’Melvery,’ Biglaw’s Most Hilarious ‘Will They Or Won’t They’ RomCom
(DBN)

What To Do When You Know Being A Lawyer Is Wrong For You
(DBN)

Attorney May Get Millions Despite Invalid Fee Agreement
(DBN)

Cohen Claims Morgan Lewis, Squire Patton Boggs Records in Seized Materials Questions Over Collection and Review Pile Up in Mueller Investigation Judge refuses privilege review bid by Cohen and Trump lawyers: Were BigLaw documents seized? Judge Hands Defeat to Trump and Cohen Over FBI Raid: ‘You’ve Miscited the Law’ What’s in those seized records? Trump’s biggest new worry Trump Should Be Worried by Cohen Probe. Really Worried. Cohen Isn't the Biggest Catch from Trump World Michael Cohen case is being heard by Judge Kimba Wood — aka the 'Love Judge' The Curious Case Of Trump Attorney Suspicious Activity Report Prosecutors Say Cohen Under Investigation, Rebut Privilege Claims A federal judge denied Trump's and Cohen's request to block the DOJ from reviewing documents seized by the FBI Trump's lawyer Michael Cohen refuses to identify clients as courtroom faceoff looms Michael Cohen’s 3rd client: Sean Hannity Sean Hannity’s Ethical Mess Hannity Didn't Disclose He's Cohen's Client The Sean Hannity collision What Sean Hannity revealed about his ties to Trump lawyer Michael Cohen The public could've remained in the dark about the identity of Michael Cohen's third client — until one lawyer representing The New York Times and CNN stepped in He 'acted like he is above the law ... That ends now': Stormy Daniels put Michael Cohen on notice outside a Manhattan courtroom Trump lawyers fight to keep seized Cohen files out of investigators' hands A Brief History of Michael Cohen's Criminal Ties Trump’s make-it-go-away guy Stormy Daniels' lawyer gives ominous warning to Michael Cohen's associates: 'Anyone that had any contact with this man in the last 20 years should be very concerned'
(DBN)

Who Is Jason Greenblatt? The Trump Lawyer No One Is Mentioning But You Should Know
(DBN)

Trump campaign paid lawyer to warn Bannon, Wolff over ‘Fire and Fury’
(DBN)

Here Are The Law Firms Donald Trump Is Paying With His Campaign Donations
(DBN)

Trump, Republicans intensify attack on ex-FBI director Comey Trump keeps up his Twitter war against Comey ABC makes unusual decision to release all of Comey talk 'He said nothing': James Comey says Jeff Sessions left him on his own when he pleaded for Sessions to step between him and Trump Here's the real winner in the Trump Comey ‘war of words’ It’s not just Donald Trump that’s ‘morally unfit’ for US politics, senior Republican activist says FactCheck Trump: Comey Lied to Grassley Comey continues his Trump blitz as his book hits shelves Comey is Doing This All Wrong
(DBN)

If Trump axes Rosenstein, here's who could be asked to fire special counsel Robert Mueller Why Trump is Furious About Business Probes Robert Mueller’s warning: ‘Many’ news stories on Trump-Russia probe are wrong
(DBN)

Black men arrested at Philadelphia Starbucks agree to meet with CEO Starbucks sells its ‘community culture’ — and that contributed to the arrest of two black men Black man videotapes Starbucks' refusal to let him use restroom
(DBN)

California Newspaper Apologizes for Op-Ed Calling For Curfew For Black Men
(DBN)

California Rejects Border Duty for Troops
(DBN)

Clients hang up in disbelief when lawyer calls to tell them of $61M verdict over unwanted calls
(DBN)

Activist Lawyer Sets Himself On Fire In Environmental Protest
(DBN)

LeBron James issues infringement letter to the University of Alabama over web series
(DBN)

Woman jailed for performing exorcism
(DBN)

Prosecution in Cosby case delivers 'searing one-two punch' as trial builds to conclusion
(DBN)

Robert Durst's Murder Charge Hearing
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Judges:

Southern District of Illinois Mourns the Death of the Honorable Kenneth J. Meyers
(DBN)

How Courts Are Neutralizing Trump's Deceptions
(DBN)

Feds charge ex-judge with soliciting s-- for reduced charges
(DBN)

Judicial Nominees And Their College Writings: Enough Is Enough
(DBN)

No Class Status for PACER Free Opinion Suit
(DBN)

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Wall Street:

Dow futures up 100 points as traders cheer earnings, with Goldman on deck
(DBN)

U.S. stocks close higher, S&P 500 back in positive territory for 2018
(DBN)

Mark Mobius predicts 30% market correction Why stocks could fall nearly 40% over the coming 18 months
(DBN)

After 10 fat years for stock investors a lean decade is looming
(DBN)

Charts point to trouble for financials as bank earnings are underway
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Layoffs:

Machines will soon be able to learn without being programmed
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Politics:

EPA chief Scott Pruitt's $43,000 secure phone booth violated spending laws, government watchdog says EPA Chief of Staff OK'd Controversial Raises Trump Tells EPA Told to Ease Air Quality Rules
(DBN)

White House Admits James Comey Swung the Election to Trump?? Kellyanne Conway suggests Trump won the election because of James Comey
(DBN)

Kelly Contradicts Trump on VA Shakeup
(DBN)

Americans still hate the new GOP tax law — and Republicans should be nervous
(DBN)

Trump was reportedly furious that his administration was portrayed as tough on Russia after expelling diplomats from the US Trump puts the brakes on new Russian sanctions, reversing Haley’s announcement
(DBN)

Syria says there was another missile attack on Monday, and Israel and the US are saying nothing The Backlash Against Trump's Syria Strike Chemical Weapons Experts Blocked from Syria Was the Bombing of Syria Even Legal? US taxpayers paid millions of dollars for the airstrikes on Syria. Here's a breakdown of key costs
(DBN)

Wall Street, big business backing Mitt Romney’s Senate bid as GOP seeks stronger leadership in Congress
(DBN)

Democrats' Midterm Advantage Disappearing Corker, Rubio Won't Attack Dems in Midterms
(DBN)

A two-year study of broken politics in America
(DBN)

Zinke Opens Up Public Lands. Just Not in Montana
(DBN)

Businessman With Bankruptcy in Past Launches Senate Bid
(DBN)

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Autos:

Is Tesla the next Enron? One hedge-fund manager charts a gloomy path
(DBN)

Tesla temporarily shuts down Model 3 assembly line
(DBN)

The Future of Tesla? Just Look to GM
(DBN)

Auto Parts Suppliers Being Squeezed Hard
(DBN)

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Economy:

Fed's Dudley Sees More 'Gradual' Hikes Unless Inflation Jumps Fed's Dudley: More than four interest rate hikes unlikely this year
(DBN)

Fed's Kashkari: Wall Street is 'forgetting the lessons of the 2008 financial crisis'
(DBN)

Trump’s Fed is more rerun than reality TV
(DBN)

This proven recession predictor is close to sounding an alarm
(DBN)

Consumers spent more last month, but ...
(DBN)

Personal Saving Rate as a Percentage of Disposable Personal Income Since 1959
(DBN)

NY Fed: Manufacturing "Business activity grew at a solid clip in New York State"
(DBN)

Trump to nominate economist Richard Clarida as Fed vice chair
(DBN)

Survey: This is what Americans think the minimum wage should be
(DBN)

‘Assault’ by Biggest Loan Buyers Could Spell Trouble in Downturn
(DBN)

US bans American companies from selling to Chinese phone maker ZTE U.S. regulators ask if ZTE can hear them now
(DBN)

Trump accuses China of currency devaluation days after Treasury declines to label it a manipulator
(DBN)

China just ramped up its holdings of US treasuries
(DBN)

China Slaps 179% Import Tariff on US Sorghum China says US sorghum is damaging its own industry and slaps antidumping measures on imports Trump's a Lonely Trade Warrior, But Not Alone
(DBN)

Automobiles drive US retail sales higher in March
(DBN)

New study determines whether money buys happiness in other countries
(DBN)

Here’s how much you need to make to be in the top half of earners in each U.S. city
(DBN)

US Debt Clock
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World Debt Clock
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How People Really Live
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Real Estate:

BofA’s Once Giant Mortgage Business Is Now Listed Under ‘Other Income'
(DBN)

Homebuilder sentiment slips in April due to pressure from tariffs and rising prices NAHB: Builder Confidence Declines to 69 in April
(DBN)

Fannie Mae predicts strong economic growth despite mounting risks
(DBN)

Springfield landlord's bankruptcy case calls for major business plan overhaul
(DBN)

Sacramento Housing in March: Sales Decrease Slightly YoY, Active Inventory up 19% YoY
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Municipalities:

Ives on Harvey: ' Bankruptcy is The Only Way Out'
(DBN)

New Jersey Gov. Murphy to Dismiss Outside Law Firm in Atlantic City Takeover
(DBN)

FEMA had a totally inadequate plan for dealing with Hurricane Maria
(DBN)

Puerto Rico needs bold, visionary effort, especially in energy
(DBN)

Puerto Rico board comes out for pension reform
(DBN)

Puerto Rico oversight board to meet this week to certify fiscal plan
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Oil/Gas:

Breitburn Bankruptcy Exit Sign Energy Industry Is Rebounding Breitburn completes Chapter 11 to emerge as Maverick
(DBN)

Oil Prices Likely to Collapse Later This Year
(DBN)

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Aviation:

Allegiant Tumbles Following '60 Minutes' Report on 'Midair Breakdowns'
(DBN)

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Retailing:

Dealing With Bankruptcy: Why Another Retailer Files for Chapter 11
(DBN)

What Trump's Attack On Amazon Really Means for Internet Retailers Jeff Bezos tweaks Trump with tweet praising the Washington Post's Pulitzer wins
(DBN)

Supreme Court Weighs Widening States' Reach on Online Sales Taxes US Supreme Court to consider whether to let states force out-of-state online retailers to collect sales taxes ‘Tax Case of the Millennium’ Hits High Court: A Primer
(DBN)

US retail sales rebounded a solid 0.6% in March U.S. retail sales spring back in March after three straight declines
(DBN)

Bergner's parent company could be saved or liquidated in bankruptcy auction
(DBN)

Bon-Ton Stores Inc. auction continues into Monday night US department store chain Bon-Ton heads to liquidation
(DBN)

More retailers are going bankrupt than ever
(DBN)

Sears is closing more stores - here's the list so far
(DBN)

Retail Redevelopment: Oh, What a Tangled Web We Lawyers Must Unweave
(DBN)

Retailers, Developers Compete for Space Left Open by Disappearing Big-Box Stores
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Entertainment:

Technicolor wants assurances on lien in Weinstein Co bankruptcy
(DBN)

Hollywood’s Guilds Move To Protect Members Residuals And Benefits In TWC Bankruptcy
(DBN)

Pulitzer for Weinstein scandal
(DBN)

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Education:

The Future of College Looks Like the Future of Retail
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Healthcare:

Bankruptcy Court Approves QCP's Takeover of ManorCare HCR ManorCare strategy to exit bankruptcy gets OK
(DBN)

At least 9 lawsuits against SNFs on hold as a result of Orianna bankruptcy
(DBN)

How France Cut Heroin Overdoses by 79 Percent in 4 Years
(DBN)

Growing trend coaxes women into often unneeded surgery in suits versus medical device makers
(DBN)

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Agriculture:

Bankruptcies point to tougher organic potato market
(DBN)

Grant Farms entity again files for bankruptcy
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Privacy:

Facebook explains how it can collect info about you even if you never post on Facebook
(DBN)

The Internet Apologizes …
(DBN)

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Aviation:

Sun Country Strands Passengers in Mexico
(DBN)

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Radio:

Here's How To turn IHeartMedia Around: Sage Advice To The New Owners
(DBN)

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Fraud:

The most notable — and expensive — financial fraud cases of all time
(DBN)

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Nuclear:

Building lawsuits instead of power plants: Where South Carolina's nuclear fiasco stands now
(DBN)

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New Bankruptcy Opinions
(7 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (15 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (44 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:

Weekly Bankruptcy Claims Trading Activity
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Avoidance Actions:

Universities “Get Schooled” on Avoiding Fraudulent Transfer Risks
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TBTF:

Wall Street titan Hank Greenberg takes aim at the law that tripped him up
(DBN)

Fed's bank regulator Quarles to pitch Congress about easing post-financial crisis regulations
(DBN)

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Proofs of Claim:

Secured Creditors Beware: Don’t Think You Can “Ride Through” a Bankruptcy Unaffected
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Executory Contracts:

Recent Bankruptcy Court Decisions Address Bankruptcy Code Section 365
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Litigation:

Longford Bags Jenner & Block Partner While Spending From $500M Purse
(DBN)

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Miscellaneous:

The Year in Bankruptcy : 2017
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Food/Beverage:

Bertucci's files Chapter 11 bankruptcy: Pizza chain may close restaurants Pizza Chain Bertucci's Files for Bankruptcy Bertucci's Bankruptcy Plan Includes Initial Bid From Right Lane Bertucci's Italian Restaurant files Chapter 11 bankruptcy Bertucci's restaurant chain files for bankruptcy , aims for quick exit Bertucci's Files for Bankruptcy and Will Close Some Locations Summary: New Chapter 11 Filing - Bertucci's Holdings, Inc. First Day Dec
(DBN)

Southeastern Plans for Future After Bankruptcy Filing
(DBN)

How Much E. coli, Salmonella Or Other Outbreaks Could Cost A Restaurant
(DBN)

Salt Bae Restaurant’s Owner to Start Talks on $2.5 Billion Debt
(DBN)

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Travel:

I flew United's 'basic economy' and discovered a huge problem with the ticket
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Conglomerates:

Any GE rebound is nothing more than a ‘dead cat bounce,’ market watcher says
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Telecoms:

Bankruptcy overhang lifted from AT&T's FiberTower purchase
(DBN)

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Sovereigns:

The Pari Passu Fallacy – Requiescat in Pace
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UK:

Air insolvency review issues call for evidence
(DBN)

Select creditors point to 'warning signs' for high street
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Brexit campaign chief praises 'very clever' Nazi propaganda in leaked tapes
(DBN)

UK unemployment falls once again — and Brits are finally getting a pay rise
(DBN)

Brit High St fashion chain on the BRINK
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PIIGS:

Greek banks will pass the stress tests of the ECB
(DBN)

Fitch Ratings' report and the Greek 'hybrid clean' exit
(DBN)

Athens confident despite stance of Germany's Scholz
(DBN)

Tsipras Fights on All Fronts as Greece Back in the Spotlight
(DBN)

How to Solve the Greek Debt Problem
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Canada:

1/3 of Canadians fear bankruptcy amid 'debt trap' warning
(DBN)

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India:

RBI should stay firm on bankruptcy norms
(DBN)

IBC: Insolvency Law May Soon Give Homebuyers Their Due
(DBN)

Failed Bidder Mustn't Misuse India Bankruptcy Rules, Lawyer Says
(DBN)

Electrosteel becomes first of 'toxic twelve' to get resolved
(DBN)

Binani Cement Insolvency: Rules Can’t Be Changed For One Company, Creditors Say
(DBN)

Liberty House Bid For ABG Shipyard Rejected For A Second Time
(DBN)

Fortis Healthcare raises bridge loan to stave off bankruptcy Fortis Should Go to Bed With the Manipal Bid
(DBN)

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Hong Kong:

Noble founder backs restructuring proposal
(DBN)

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Australia:

Insolvent corporate trustees: some questions finally answered
(DBN)

Jamie Oliver's restaurants go under Down Under
(DBN)

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Germany:

German economic sentiment takes a nosedive: ZEW
(DBN)

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China:

China's economy bucks forecasts with 6.8% growth
(DBN)

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Korea:

North and South Korea reportedly set to announce an official end to war
(DBN)

GM Korea Could Declare Bankruptcy Later This Week As Union Bails On Negotiations
(DBN)

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Venezuela:

A Series of Proposals to Restructure Venezuelan Debt
(DBN)

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Malawi:

Malawi 2017 External Debt Rises to Record $2.06 Billion
(DBN)

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Africa:

African Issuers Get Scrutinized as Fears of Hidden Debt Rise
(DBN)

Zambia debt dispute undermines African credit
(DBN)

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Nordic:

Another Blow-Up Shows Why It's Buyer Beware for Nordic Junk Debt
(DBN)

Denmark Has an Issue Most Countries Would Love: Lots of Money and Little Debt
(DBN)

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Cambodia:

Opposition Says Cambodia is Near Bankruptcy
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