April 27, 2018

The Daily Bankruptcy News

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Law:

Proskauer Partner Reveals Identity, Adds Claims in $50M Gender Bias Suit Amended complaint naming plaintiff filed in Proskauer gender discrimination case Partner Suing Proskauer for Gender Bias Reveals Identity
(DBN)

Cozen O'Connor Takes 14-Lawyer Group From Drinker Biddle
(DBN)

Which lawyers spend the most time on pro bono? ABA surveyed 47,000 for the answer
(DBN)

Four UK top 50 firms announce partner promotions rounds featuring at least 50% women
(DBN)

The Biglaw Elite Are Running Around Like Their Hair’s On Fire More Than You Might Think
(DBN)

Walmart Using AI to Transform Legal Landscape, Cut Costs
(DBN)

Cooley Law back in compliance, ABA accreditation committee says
(DBN)

Befriending Your Competition — A Good Idea?
(DBN)

Milbank Associate Helps With Ala. School Desegregation Win
(DBN)

Companies Push Diversity Goals for Outside Law Firms
(DBN)

Look for Legal Operations’ Impact on Corporate Culture to Increase
(DBN)

Visualizing legal employment outcomes in DC-Maryland-Virginia in 2017
(DBN)

A Lot Has Changed For Biglaw Over The Last 33 Years
(DBN)

Annual Refresher On Conducting Legal Research
(DBN)

In long rant on 'Fox & Friends,' Trump says he stayed overnight in Moscow — alluding to the most salacious allegation in the Steele dossier
(DBN)

Trump says his longtime attorney Michael Cohen only handled a 'tiny, tiny fraction' of his legal work — and the government is already using it against him Trump begins distancing himself from Cohen after raid Trump: Cohen Was My Lawyer in Stormy Case Trump has reportedly described his embattled lawyer and 'fixer' Michael Cohen as a 'bull in a China shop' Trump lawyer Cohen pleads the Fifth as president admits Cohen handled 'this crazy Stormy Daniels deal' Trump offers to personally review documents in Cohen case: report A federal judge just sided with Michael Cohen on the biggest issue in his case — and added another wildcard Citing Material Scooped Up in Cohen Raid, Stormy Daniels Wants In On Proceedings Michael Cohen’s Fate Hinges on This 32-Year-Old Corruption Fighter Former Mob Prosecutor to Get First Look at Michael Cohen’s Seized Files Cohen loaned millions to taxi cab mogul. Why?
(DBN)

Giuliani Gets to Core of Representing Trump
(DBN)

'Isn't that leaking?': CNN's Anderson Cooper grills James Comey over release of FBI memos
(DBN)

Trump makes cryptic comment about getting involved with Justice Department Trump says hands-off approach to Justice Department could change Fox News Poll: Mueller likely to find Trump offenses, Trump likely to fire him Grassley says he wants to release transcripts tied to 2016 Trump Tower meeting Senate Judiciary approves bill to protect Mueller The Senate bill to protect Robert Mueller’s Russia investigation, explained Senate Judiciary Committee approves bill to protect special counsel; is it constitutional? Trump Says He May Curb Russia Probe as Mueller Bill Advances Fox & Friends Hurriedly Shuts Down Interview as Trump Rants About Mueller
(DBN)

Trump Goes On Television, Destroys Two Legal Cases, Will Blame ‘Fake News’
(DBN)

Trump allies drowning in legal fees
(DBN)

Bill Cosby’s Lawyer Fell Asleep in Court Bill Cosby found guilty on all counts Bill Cosby is found guilty in second trial Lashes out at D.A. Cosby says 'he doesn't have a plane' in a bizarre 3rd-person rant after guilty verdict How Cosby's ‘Pound Cake Speech’ Helped Lead to His Downfall How Cosby Earned His Fortune And How It Could Get Completely Wiped Out
(DBN)

Now Tom Brokaw Accused of Harassment NBC faces skepticism on harassment reforms Sympathy for the Charlie
(DBN)

Women alleging assault by their Uber drivers want to see their day in court
(DBN)

Migrant 'caravan' at U.S.-Mexico border prepares for mass crossing
(DBN)

Berkeley must face suit alleging bias against conservative speakers
(DBN)

More JFK docs released; Some held back Trump Backtracks on JFK Files Release Date
(DBN)

With 8 Law Firms and Other Nassar-Related Expenses, Michigan State Faces Soaring Costs
(DBN)

Golden State Killer: 5 can’t-miss deep dives into the famous serial killer cold case Police used DNA from discarded items to link suspect to Golden State Killer murders Golden State Killer: Caught by Ancestry DNA Secret Suburban Life of Golden State Killer
(DBN)

5 dress shoes every professional man should own
(DBN)

UK: Lawyer sues employer after being sacked for spanking
(DBN)

The U.S. prisoner population continued to shrink in 2016, new data show
(DBN)

Firm fines partners for not recording 6 hours a day
(DBN)

Black lawyer says golf club asked her group to leave on slow-play pretext
(DBN)

Law Students Cut Off For The Rest Of The Year After Barrister’s Ball That May Or May Not Have Featured P------ On Otters
(DBN)

Oops! Kobach lawyer files document with all-caps notation ‘Probably not worth arguing?’
(DBN)

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Judges:

BK MD FL: Court Connection Newsletter
(DBN)

Did this Texas county official break the law to comply with the law?
(DBN)

The percentage of women in the federal judiciary is the same as men with these names
(DBN)

Trump Announces Nine Male Judicial Nominees
(DBN)

Republicans Ready 6-Pack of Trump Appellate Nominees
(DBN)

ICE agents took a defendant into custody as she left the courtroom.
(DBN)

Gorsuch Looking for More Experienced Clerks
(DBN)

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Wall Street:

U.S. tech stocks ready to shine after Amazon, Microsoft earnings — Exxon ahead Nasdaq set to pop as Amazon soars on earnings
(DBN)

FTSE 100 rises as GDP growth surprise drags pound lower
(DBN)

Stocks close mixed; Dow industrials end a losing streak
(DBN)

Wall Street's Latest Trend in Networking: Board Game Nights
(DBN)

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Layoffs:

Layoff Watch: “Deutsche Bank: Infinity War” Deutsche Bank Fires 400 US Bankers Deutsche Bank Cutting 10% of U.S. Workforce
(DBN)

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Politics:

Trump Gives His First Year an A+
(DBN)

Trump’s Ever-Mounting Scrap Heap
(DBN)

Dem bankruptcy attorney in PA primary focuses on healthcare cost
(DBN)

President's doctor withdraws as Veterans Affairs nominee
(DBN)

Poor Well-Being Associated With Shift to Trump in 2016
(DBN)

Trump just had a wild 'Fox and Friends' interview reminiscent of the early days of the 2016 campaign — here are the highlights Donald From D.C. Calls in to 'Fox and Friends'
(DBN)

America's first lynching memorial is now open in the 'Cradle of the Confederacy' — take a look inside
(DBN)

Senate confirms Mike Pompeo as secretary of state Behind the curtain: How Trumpworld got Mike Pompeo confirmed
(DBN)

Pruitt says he "delegated" go-ahead on controversial raises CARB Officials: Scott Pruitt is a Liar Scott Pruitt Lacerated at Ethics Hearing Scott Pruitt and the Trump White House's Serial Scandals
(DBN)

Democrats Predict a Big Win in November
(DBN)

If Not Voting Counted As A Vote For 'Nobody,' Then 'Nobody' Would Have Won The 2016 Election In A Landslide
(DBN)

Citing money woes, Setti Warren drops bid for governor
(DBN)

North and South Korea in Historic Summit Leaders Vow to Write New Chapter in Their History North, South Korea to work toward ‘complete denuclearisation’ Trump declares in tweet: 'KOREAN WAR TO END'
(DBN)

Paul Ryan Fired the House Chaplin
(DBN)

Why Aren't U.S. Liberals Outraged About Alfie Evans?
(DBN)

Ethics Committee Slams Bob Menendez
(DBN)

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Economy:

US durable goods orders rose 2.6% in March
(DBN)

Wages and inflation data could stir up markets Friday
(DBN)

Kansas City Fed: Regional Manufacturing Activity "Expanded More Rapidly" in April
(DBN)

Weekly Initial Unemployment Claims decrease to 209,000
(DBN)

Tim Cook told Trump he loves the new tax cuts, Larry Kudlow says
(DBN)

Ford says it's already seeing a big impact from Trump's tariffs Merkel visits Trump hoping to head off transatlantic trade war Tariffs On Uranium Would Make More Sense Than Trump's Protections On Steel And Aluminum
(DBN)

The U.S. has a massive shortage of truck drivers
(DBN)

Bernie Sanders ‘Jobs’ Program Is Destined to Fail
(DBN)

Trump FactCheck: "Kanye (West) looks and he sees black unemployment at the lowest it’s been in the history of our country. He sees Hispanic unemployment at the lowest it’s been in the history of our country. He sees (women’s unemployment) the lowest it’s been in now almost 19 years."
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

Zillow Case-Shiller Forecast: More Solid House Price Gains in March
(DBN)

These are the 5 worst housing markets for millennials The United States of Millennials
(DBN)

Q1 2018 Homeownership and Vacancy Rates
(DBN)

Homeownership gap between blacks and whites unchanged in a century, Zillow study says
(DBN)

No bubble: 7 reasons why it’s still a great time to buy a house
(DBN)

Goodbye renter nation: Americans still want to be homeowners
(DBN)

Is the rent finally too damn high? Rental households fall for 4th straight quarter
(DBN)

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Municipalities:

Puerto Rico lawmakers introduce board’s labor reform bill
(DBN)

Some of Puerto Rico's bondholders will be crushed
(DBN)

A Puerto Rican federal inmate’s horrifying account of what the prison did after Hurricane Maria
(DBN)

Arizona Teachers Walk Out Arizona teacher walkout: how 3 decades of tax cuts suffocated public schools
(DBN)

Can Detroit's Suburbs Survive a Downtown Revival?
(DBN)

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Oil/Gas:

Erin Energy files for chapter 11 bankruptcy protection
(DBN)

GOP Tax Law Bails Out Fracking Companies Buried in Debt
(DBN)

California Oil Dreams Fade as Iconic Beverly Hills Derrick Comes Down
(DBN)

Companies Feel the Impact of Rising Oil Prices
(DBN)

U.S. crude exports soar
(DBN)

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Autos:

GM Again Faces $1 Billion Stock Fight Over Bankruptcy Accord
(DBN)

Ford is basically giving up on US car business, and GM is not far behind Ford’s sedan-killing move is a bet on the future of driving
(DBN)

New NAFTA Rules Will Add Thousands to Cars
(DBN)

GM: $3.5 Billion Cash Burn
(DBN)

Fiat Moves Closer to Wiping Out Debt With Surprise Numbers Fiat Chrysler overtakes General Motors in profits
(DBN)

Elon Musk made less than the typical Tesla employee in 2017 Months of Bad News Batters Tesla's Image
(DBN)

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Healthcare:

Short-seller Jim Chanos bets against two health-care companies: They 'might be worth nothing'
(DBN)

Trump wants hospitals to post their prices online. There’s just one problem
(DBN)

Frustration grows in health care industry over costs
(DBN)

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Banking:

Deutsche Bank Retreats as New CEO Extols 'Immediate Action'
(DBN)

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Retailing:

A Playbook for Reducing Length — and Pain — of Retail Bankruptcies
(DBN)

Toys R Us may be dead, but toy makers are ready to bounce back
(DBN)

J.Crew Holdouts Stumble in Debt-Exchange Lawsuit
(DBN)

The engine for Amazon earnings has nothing to do with e-commerce Amazon hikes Prime subscription price to $119 a year, straying from Jeff Bezos' vow to 'charge less'
(DBN)

Eddie Lampert's Maneuvering With Sears' Assets Stands To Benefit Only Himself
(DBN)

GNC to close roughly 200 stores this year
(DBN)

Ex-chairman Wiese stuns Steinhoff with $5 billion lawsuit
(DBN)

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Entertainment:

Times reporting on Weinstein to be turned into Hollywood film
(DBN)

Longtime prosecutor takes over Weinstein case in NYC
(DBN)

Insurers seek clarity for policies in Weinstein Co bankruptcy auction
(DBN)

Timur Bekmambetov Wants His $800,000 Before Weinstein’s ‘The Current War’ Is Auctioned In Bankruptcy
(DBN)

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Guns:

SEC takes issue with releases in Remington's plan to exit bankruptcy
(DBN)

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Gambling:

Caesar’s Palace Rises from Bankruptcy: CEO Edward Pitoniak Pitches VICI, His Real Estate Based Investment Vehicle
(DBN)

Caesars union wants private equity firms off board committee
(DBN)

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Currency:

Cryptocurrency price crash predicted as bankrupt bitcoin exchange Mt Gox moves $144m worth of coins
(DBN)

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Coal:

U.S. Coal Output Just Took Another Hit
(DBN)

Coal extracted a steep price, now gas is taking WV down same path
(DBN)

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Tech:

New movie asks why ’90s smartphone pioneer General Magic failed
(DBN)

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Waste:

ECS Refining seeks Chapter 11 protection
(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 (12 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (8 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:

Bankruptcy Filings Continue to Decline, But At A Slower Pace
(DBN)

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IP:

Trademark Licensees Beware: License at Risk in Franchisor Bankruptcy
(DBN)

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Litigation:

Litigation Finance: The In-House Perspective
(DBN)

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Miscellaneous:

Paul Basta On The Inside Track
(DBN)

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Autos:

Elon Musk 'may be misleading investors,' hedge fund titan Jim Chanos says
(DBN)

Say goodbye to the Ford sedan
(DBN)

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Resorts:

Weil Secures Ninth Circuit Victory for Credit Suisse Ending Multi-Billion Dollar Loan Dispute Land v. Credit Suisse Group Securities (USA) LLC, FKA
(DBN)

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Celebs:

Infinity War's Sebastian Stan almost went bankrupt but was saved by an old pay cheque
(DBN)

'The Chew's' Carla Hall talks lessons learned from her defunct fast casual brand
(DBN)

NFL Players Need A Playbook When Managing Their Financial Future
(DBN)

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Religion:

Parishes can't be forced into archdiocese bankruptcy , court affirms
(DBN)

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Student Debt:

Colleges are using consultants to manipulate student loan default rates, GAO says How colleges game the student loan system — and hurt borrowers in the process
(DBN)

Happy birthday, America’s $1 trillion student-debt problem
(DBN)

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Sports:

Did Trump just threaten the world over the 2026 World Cup?
(DBN)

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Electricity:

First Energy Bankruptcy Filing Has Caused The Default Of Some 32 Bond issues Totaling $2.26 Billion
(DBN)

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Guitars:

Legal Battle Between Gibson Brands and Supplier of Tuners Escalates
(DBN)

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Solar:

Schletter files for bankruptcy following recent financial pitfalls
(DBN)

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Pensions:

Sweet taste of victory for Peeps union workers as judges rule against candymaker
(DBN)

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UK:

Court of Appeal decision brings reassuring clarity for judgment creditors
(DBN)

Insolvency Practice Direction 2016 now in force New Insolvency Proceedings Practice Direction – approval and signature by the Lord Chancellor
(DBN)

Tax Abuse and Insolvency
(DBN)

Number of Brits declared bankrupt set to soar
(DBN)

Pound stumbles to 7-week low after U.K. GDP significantly disappoints
(DBN)

Number of people going insolvent jumps to highest level since 2012
(DBN)

A Brexit Choice Between Bad and Worse
(DBN)

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PIIGS:

Greece is back in the spotlight as its crucial bailout deadline approaches
(DBN)

Euro zone starts talking of life after the Greek bailout
(DBN)

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Singapore:

Creditors’ ability to enforce judgments via Writ of Seizure and Sale where the judgment debtor is a joint tenant
(DBN)

Commingled assets of a liquidated company with competing secured claims – how do we fairly distribute the secured mix?
(DBN)

Singapore court halts Noble Group's shareholder meeting
(DBN)

Singapore’s First “Pre-Packaged” Scheme Of Arrangement
(DBN)

A Pragmatic Stay Of Proceedings: The High Court Declines Jurisdiction Under Its Insolvency Regime In Favor Of Overlapping Arbitral Proceedings
(DBN)

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China:

Chinese developer’s defaults are seen as a bellwether of emerging problems in the real-estate sector that could ripple across the banking system
(DBN)

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Latvia:

Latvian court rules against taking notorious former insolvency administrator in custody
(DBN)

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India:

Resolving cross-border insolvencies
(DBN)

Farmer Suicides Due To Bankruptcy Or Indebtedness
(DBN)

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France:

Bankrupt French boss fires 430 employees via SMS
(DBN)

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South Korea:

GM, South Korea agree $4.35 bln lifeline for GM Korea GM bucks the odds and saves its South Korean division
(DBN)

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