April 30, 2018

The Daily Bankruptcy News

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Law:

Husch Blackwell Beats Malicious Prosecution Suit
(DBN)

Some Big Law Firms Applaud as Clients Get Tougher on Diversity
(DBN)

Where Should You Go To Law School?
(DBN)

Another Law School Will Let You In Without Taking The LSAT — If You Qualify
(DBN)

Think Long-Term When Hiring Law Students
(DBN)

This CEO explains why his legal tech startup took $22 million in funding even when it didn't need it
(DBN)

SoLi summit and its facilitators seek to spur innovation in legal profession and education
(DBN)

The Biglaw Firm That Was Way Ahead Of The Internet Curve
(DBN)

How Ogletree Deakins Overcame Legal AI Burnout
(DBN)

Cyber Risks Dominate In-House Legal Departments
(DBN)

Right Brain Lawyering: Attorneys And The Importance Of Art
(DBN)

5 Expert Tips for 5-Star Client Reviews
(DBN)

Tom Brokaw calls misconduct allegations a 'drive by shooting' in angry email to colleagues NBC: 64 Insiders Back Tom Brokaw Pennsylvania GOP Rep. Patrick Meehan Resigns After Harassment Scandal Does Lisa Bloom Deserve Redemption?
(DBN)

Judge Tosses Manafort Lawsuit on Mueller Judge tosses Manafort’s suit challenging ‘unmoored’ jurisdiction grant to Mueller A Russian MMA fighter with ties to Trump, Cohen, and Putin was questioned by the FBI Was Jeff Sessions Aware of a Proposed Trump-Putin Back Channel? Russian lawyer from infamous Trump Tower meeting admits ties to Kremlin: Report Attorney That Met With Don Jr. Is A Russian Informant Trump may have let something slip about the Russian lawyer from the Trump Tower meeting
(DBN)

Judge Postpones Daniel's Suit Against Trump The federal judge in the Stormy Daniels case thinks it's 'likely' Michael Cohen will be indicted Meet the 'special master' who will play a key role in the case of Trump lawyer Michael Cohen Cohen’s Secrets to Be Parsed by Ex-Judge Who Prosecuted Mob Will Cohen Flip? Tenuous Finances May Provide Crucial Clues Trump attorney Michael Cohen loaned millions to Ukrainian cab mogul involved in legal pot industry The FBI’s Cohen Raid Haul Includes 16 Cell Phones
(DBN)

DOJ Deletes Language on Press Freedom
(DBN)

How Uber Crushed Trump's Attorney
(DBN)

‘Caravan’ migrants seeking asylum arrive at U.S.-Mexico border Dozens of Migrants Stuck at US Mexico Border
(DBN)

Solicitor General Misleads the Supreme Court
(DBN)

Serial Killer: DNA Misled Police at First Genealogy site traps alleged serial killer — how your DNA could be used against you
(DBN)

Beverly Johnson on Cosby's Guilty Verdict Bill Cosby is mentally preparing himself for prison How Bill Cosby's defense team's vicious strategy backfired How Cosby verdict could signal #MeToo impact on criminal justice system Prosecutors: Bill Cosby Sexual-Assault Conviction Will Stand
(DBN)

ICE held an American man in custody for 1,273 days
(DBN)

Doctor arrested after threatening to "slit" employees' throats
(DBN)

Lawyer gets 20 years over bizarre incident involving bolt cutters, a machete and hazmat suits
(DBN)

Wait, There’s No Ginger In ‘Ginger Ale’? Dr. Pepper Sued For False Advertising
(DBN)

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Judges:

Judge Kenneth Meyers, who opened bankruptcy court in Benton, dies
(DBN)

Would-be judge facing trial for ruling in traffic cases is found dead
(DBN)

Was Brown v. Board of Education correctly decided? These judicial nominees won’t answer
(DBN)

When You Hear Whining About Judicial Vacancies, Don’t Get Played
(DBN)

Federal Judiciary Employees Plan Challenge to New Rules Limiting Political Activity
(DBN)

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Wall Street:

Dow poised to rise and lock in a monthly gain
(DBN)

US stocks close mixed on earnings reports, data
(DBN)

A troubling development in markets is flashing a warning sign for tech's biggest companies
(DBN)

US stock traders are setting themselves up for failure — and one Wall Street firm has pinpointed the scenario that could trigger a crash
(DBN)

The new stock-market fear: This period of harmonious global growth is crumbling
(DBN)

Trump says the stock market ‘could’ be up 60% — here’s why it might still happen
(DBN)

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Layoffs:

Houston ISD teachers, staff on chopping block as layoffs announced
(DBN)

MB Financial to end mortgage business, cut 495 jobs
(DBN)

Wall Street Buys Toys R Us, 30,000 Lose Jobs
(DBN)

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Autos:

Hard decisions learned in bankruptcy – or not – have a legacy all their own for Detroit Three
(DBN)

Tesla Shareholders May Boot Elon Musk Tesla is about to report earnings and it could get ugly
(DBN)

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Consumer Goods:

Ronco files for bankruptcy after failing to secure funding
(DBN)

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Accounting:

Study: Investors may avoid companies audited by same partners of troubled companies
(DBN)

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Non-Profits:

Be open and let chips fall where they may, experts advise in UW-Oshkosh scandal
(DBN)

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Entertainment:

Loans and Liens: The Weinstein Company Chapter 11 Hearing #3
(DBN)

Miramax Emerges As Strong Contender in Weinstein Co. Bankruptcy Sale
(DBN)

New York City Weighs In On Weinstein Co. Bankruptcy, Urges Court To Keep The Studio In The Big Apple
(DBN)

How Marvel Bounced Back From Bankruptcy to Become Hollywood's Biggest Brand
(DBN)

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Farming:

Dairy's bankruptcy cancels cattle auction Boardman mega-dairy files for bankruptcy
(DBN)

USDA files PACA action for $260K debt
(DBN)

Crop Borrowing Costs Since Q1 2013
(DBN)

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Telecoms:

T-Mobile offers reprieve for Sprint creditors and investors
(DBN)

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Celebs:

Jose Garces, a chef inside a financial pressure cooker
(DBN)

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Religion:

Montana Diocese reaches $20M settlement with abuse victims Great Falls-Billings Catholic Diocese reaches settlement with abuse victims for $20 million
(DBN)

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Labor:

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

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Economy:

US Economy Slowed in the First Quarter
(DBN)

Stingy consumer spending in GDP grabs the attention of economists
(DBN)

There are signs Trump's trade friction is killing jobs in big manufacturing states One word keeps coming up in Trump's tariffs — and it should frighten American workers and businesses Merkel Warns: The EU will 'defend its interests' if Trump pushes tariffs Trump administration is likely to extend steel and aluminum tariff exemptions beyond May 1, sources say
(DBN)

Consumer Trends Support Demand For 'Made In America,' But Will Shoppers Pay Up?
(DBN)

GOP tax cuts expected to slash usage of popular deductions
(DBN)

Watch this for early signs the U.S. is tipping toward a debt crisis, says Deutsche Bank
(DBN)

Bremmer: Globalism lifted me out of poverty — but now, it's clear why everyone is so angry
(DBN)

Guaranteed Bankruptcy
(DBN)

Workers' Taxes About Average in 2017
(DBN)

Trump threatens government shutdown in September if there's no funding for wall
(DBN)

People would rather land their dream job than close the gender pay gap
(DBN)

The Midwest Is Booming—Just Not Where You Think
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

Millennials are turning 30 — and that means we're about to see a housing boom
(DBN)

10 Cities with Bidding Wars for Homes
(DBN)

Hourly Wage Needed to Rent an Apartment
(DBN)

Yes, you can still deduct interest on home equity loans under the new tax law
(DBN)

Banks seek to force White Plains developer into bankruptcy
(DBN)

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Municipalities:

Junk Cities: Resolving Insolvency Crises in Overlapping Municipalities
(DBN)

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

Returning Puerto Rican Students Face Uncertainty
(DBN)

Puerto Rico : 'Frontline,' NPR investigate 'Blackout'
(DBN)

Sluggish recovery from Hurricane Maria reignites calls for Puerto Rico’s statehood, independence
(DBN)

Philly poet laureate writes verse on Puerto Rican debt
(DBN)

US pols seek to sway arrivals from Puerto Rico before vote
(DBN)

Detroit Was Crumbling. Here’s How It’s Reviving
(DBN)

The Problem With Rebuilding Detroit
(DBN)

Who Ruined Illinois?
(DBN)

Hartford: Residents praise new city budget after state subsidy deal
(DBN)

800,000 people are about to flee New York and California because of taxes, say economists
(DBN)

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Oil/Gas:

Trump rejects offshore drilling changes wanted by big oil firms
(DBN)

$300 Oil is Not Impossible in a Few Years
(DBN)

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Politics:

Trump Deserves Credit for Korean Thaw
(DBN)

Elizabeth Warren and Bernie Sanders Aren't the Same
(DBN)

FactCheck: Jackson Didn't Wreck Gov't Car
(DBN)

5 Takeaways from Pruitt's Testimony
(DBN)

The White House may send John Kelly to run the embattled Veterans Affairs department
(DBN)

Trump is reportedly thinking about inviting Kanye West to the White House for dinner
(DBN)

North Korea will invite US experts to witness nuclear site shutdown in May, and scrap its unique timezone North Korea offers to give up nukes if U.S. promises not to attack, South Korea says Trump says North Korean meeting could happen in 3-4 weeks
(DBN)

Trump goes off-script at wild rally in Michigan, while the press party at the White House Correspondents' Dinner in DC Michelle Wolf gave a searing, cringeworthy monologue at the White House Correspondents' Dinner — here are the highlights White House Correspondent's Dinner Stunned Michelle Wolf breaks the internet with her nasty takedown of all things Trump Controversy swirls around White House Correspondent's Dinner after profane headline performance Media hands Trump big, embarrassing win Journalists worry comedian Michelle Wolf's biting monologue at the White House Correspondents' Dinner went too far The Slow Awkward Death of the White House Correspondents' Dinner
(DBN)

Brooks: GOP Retiring Because They fear Assassinations??
(DBN)

Trump Calls on Sen. Tester to Resign
(DBN)

KS: House Won't Pay Kobach's Contempt Filing
(DBN)

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Education:

St. Gregory’s University: Auctioneer hired by court in bankruptcy case
(DBN)

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Commodities:

Goldman, Hedge Funds Get Drawn Into Noble Group's Legal Battles Noble going ahead with special general meeting to seek shareholder nod on vessel sale Noble Group to submit draft for restructuring special meeting soon
(DBN)

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Solar:

Federal Subsidies For Solar And Wind Fell Sharply In Recent Years, Says New Report
(DBN)

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Mass Torts:

As Sheldon Silver Heads To Retrial, NYC Asbestos Court Still A Plaintiff's Playground
(DBN)

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Distressed Investing:

Martin Whitman Invested in Troubled Companies Others Shunned
(DBN)

Fearing the Fed, Credit Investors Are Buying More Junk Instead
(DBN)

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Gambling:

Ocean Resort owner reveals plans for former Revel casino
(DBN)

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Healthcare:

For Cancer Centers, Proton Therapy’s Promise Is Undercut by Lagging Demand
(DBN)

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Corporate Reform:

Mulvaney Isn't Blowing Up the CFPB
(DBN)

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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 (20 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (22 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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Avoidance Actions:

Fifth Circuit Rejects Breach of Fiduciary Duty and Fraudulent Transfer Claims
(DBN)

First Circuit Affirms Dismissal of Fraudulent Transfer and Fiduciary Duty Claims
(DBN)

Security Interest Determined as of the Date of Petition, Not the Transaction, for Purposes of Stating a Preference Claim Under Section 547(b)(5)
(DBN)

Can Tax Sales Be Set Aside In Bankruptcy? The Federal Courts Are Increasingly Split
(DBN)

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SCOTUS:

Oral Arguments in Appling Case: Writing Requirement for Nondischargeability
(DBN)

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IP:

Split First Circuit Prevents Non-Debtor Licensee from Using Rejected Trademark License
(DBN)

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Miscellaneous:

International Credit Deep Dive
(DBN)

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Advisors:

McKinsey Is Big in Bankruptcy - and Highly Secretive
(DBN)

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Art:

Art museum discovers half of its paintings are fake
(DBN)

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Coal:

Coal Extracted a Huge Price from W. Virginia
(DBN)

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Retailing:

Middletown Mall sale for nearly $13.7 million moves forward
(DBN)

Herberger's closing is hard to take, but it's hard to blame the investors who forced it
(DBN)

Bon-Ton bankruptcy pinches shopping choices in smaller cities
(DBN)

The 6 Factors That Set Bon-Ton On A Different Path From Macy's
(DBN)

There's a science and art to running a going-out-of-business sale. (And business is booming.)
(DBN)

Is Amazon Prime worth its new $119 price tag? Amazon Prime prices are going up — here's what you get for $119 a year
(DBN)

Mattel gains after sales beat expectations
(DBN)

Report: Retailers that might go bankrupt in 2018
(DBN)

Subway, Rite Aid, Toys R Us, Teavana: Retailers closing the most stores in 2018, so far
(DBN)

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Travel:

Surge in fuel prices set to drive up airfares
(DBN)

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Television:

Cable TV's Cord-Cutting Woes Deepen
(DBN)

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UK:

Britain’s oldest new parents, aged 63 and 65, have baby, 1, taken away by social services
(DBN)

Failed meat supplier owed almost £10m to trade creditors
(DBN)

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

Maplin owed creditors £150 million prior to collapse
(DBN)

The CBI warns Liam Fox's Brexit trade plans could bankrupt British companies
(DBN)

Banks Seem Oddly Unconcerned About Brexit
(DBN)

Brexit Failure Looks More Likely Every Day
(DBN)

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PIIGS:

Greece: Trying to soften the new blow to pensioners
(DBN)

A key decision on debt relief for Greece might not happen until June European creditors : Greece due to exit bailout in August Greece's economic crisis is over only if you don't live there Europe's Big Debt Drama Enters Finale as Clock Ticks for Greece Relief for Greece? The debt dilemma facing creditors
(DBN)

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Canada:

Toys "R" Us Canada gets court nod for assets sale
(DBN)

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MENA:

Pompeo to Saudis: Stop Qatar Blockade Pompeo assails Iran and nuclear plan on Middle East trip Pompeo says only a ‘substantial fix’ will preserve Iran deal US Calls for Global Action Against Iran
(DBN)

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Venezuela:

‘Their Country Is Being Invaded’: Exodus of Venezuelans Overwhelms Northern Brazil
(DBN)

Creditors unite to pressure PDVSA on bond payment
(DBN)

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India:

CCI Okays Tata Steel’s Acquisition Of Debt-ridden Bhushan Steel
(DBN)

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Nigeria:

Half of Nigeria’s 36 states insolvent
(DBN)

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Malaysia:

Auditors: Material uncertainty may cast doubt on Konsortium Transnasional as going concern
(DBN)

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South Africa:

Goldfields accuses creditors of 'devious’ plan'
(DBN)

Steinhoff payout may test South Africa reform zeal
(DBN)

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Singapore:

Singapore's enhanced corporate debt restructuring mechanisms – One year on
(DBN)

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