Daily Bankruptcy News
January 2, 2018


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Law:

7 Law Firms That Moved the Needle on Innovation in 2017
(DBN)

Seven Late-Year Bankruptcy Filings Leave Big Law Firms in the Cold
(DBN)

What, Me Worry? Some Law Firm Leaders See Rosy 2018 Ahead
(DBN)

Hildebrandt: 2018 Advisory
(DBN)

Linklaters boosts Washington DC presence with bankruptcy hire
(DBN)

Law firms 'excited' about the future
(DBN)

Is BigLaw One Business, or Two?
(DBN)

The Gift Of Argument
(DBN)

Reflections of a GC
(DBN)

Securities Suit Filings at Historically High Levels During 2017
(DBN)

Only When I Was Really Honest With Myself Did I Realize Why I Had To Leave The Law
(DBN)

10 Jobs You Want To Leave Biglaw For, But Shouldn’t
(DBN)

Catch up with the ABA Journal’s 2017 Legal Rebels Trailblazers
(DBN)

2 dead in a shooting at a law office in California
(DBN)

We now know the tipping point that prompted the FBI to launch its Trump-Russia investigation Australian officials frustrated by FBI-Russia leak Australia Took Months to Tell US About Clinton Dirt Because Official Didn't Take Papadopoulos Seriously, Report Says So the Entire Trump Russia Investigation Started with Drunk Talk? Republicans split on how to handle Trump's FBI attacks Devin Nunes, targeting Mueller and the FBI, alarms Democrats and some Republicans with his tactics Trump’s vendetta against federal law enforcement Prosecutor: Its a Conspiracy, Not Collusion Trump Relies Heavily Upon Alan Derhsowitz’s ‘Collusion Is Not A Crime’ Defense In New Interview What Russian Journalists Uncovered About Russian Election Meddling Carl Bernstein: Trump’s Attorneys Are Lying To Him So He Doesn’t Fire Mueller GOP, Democrats at odds over congressional Russia investigations
(DBN)

300 top Hollywood women reveal sweeping anti-harassment action plan with a $13 million legal defense fund MSNBC’s Chuck Todd: Fox News harassment firings were the ‘canaries in the coal mine’ for the #MeToo movement Rolling Stone Founder Accused Of Assaulting Former Employee
(DBN)

7 ways to tell if you're talking to a psychopath or a narcissist
(DBN)

Do You Know How Others See You?
(DBN)

Intoxicated man found with small arsenal on top floor of Houston Hyatt Regency downtown, police say Police in Houston say a man who had an AR-15 rifle, a shotgun, a handgun, and ammunition in his hotel room on New Year's Eve had no intention to use them
(DBN)

Clark: Young Immigrants Are Just Thugs Ex-Sheriff Clarke rails against 'lib media' after reports on past FBI investigation
(DBN)

Trump: No DACA Extension Without a Wall US migrant 'Dreamers' wait anxiously to learn fate Congress heads toward showdown over 'Dreamers'
(DBN)

One officer dead, 6 people injured after gunman opens fire in 'ambush' style attack in Colorado
(DBN)

16-year-old boy arrested in shooting deaths of his parents, sister, and family friend on New Year's Eve, prosecutor says
(DBN)

Hotel That Charged Guest $350 For A Negative Review Now Facing A Lawsuit From State Attorney General
(DBN)

Art Teacher Fired For Showing Students Classical Nude Paintings
(DBN)

First Date Horror Story: Prominent Attorney Says Warhol Paintings Destroyed By Drunk Date
(DBN)

‘They crushed my spirit’: Customer turns pancakes into racist message for black waitress
(DBN)

Woman Went on 'You're a Black Slave' Rant, Insists She's Not Racist
(DBN)

Bixby Knolls Law Firm - Fired Attorney John Mendoza Kills Celebrity Lawyer Major Langer, Self Motive Sought In California Law Firm Shooting With 2 Dead
(DBN)

Comedian Iliza Shlesinger sued for banning men from a comedy show
(DBN)

Assorted Stupidity
(DBN)

Police make arrest after ‘swatting’ call that led an officer to fatally shoot man Police: Prank Led To Police Shooting Unarmed Kansas Man
(DBN)

11 reasons why you should date a lawyer
(DBN)

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Judges:

BK NM Moving
(DBN)

One of Trump's biggest highlights of 2017 was rushing to get a ton of judges confirmed — and he's set for more wins in 2018
(DBN)

Time For Our Annual ‘This Court Thing Must Be Postponed Because Of FOOTBAW’ Story
(DBN)

Chief Justice Roberts Issues 2017 Year-End Report
(DBN)

Courts Must Better Police Themselves on Harassment, Chief Justice Says
(DBN)

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Wall Street:

Wall Street set to start 2018 on a mixed to upbeat note, despite geopolitical concerns
(DBN)

Stocks end lower as selling accelerates into the close; S&P still posts best year since 2013
(DBN)

Trump claims he's why stocks are up since election
(DBN)

A record year for the S&P 500: The index finished 2017 with 12 months of gains
(DBN)

'The markets are happy': Why Wall Street didn’t panic about democracy under Trump
(DBN)

Here's how virtually everything you can invest in has performed in 2017
(DBN)

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Layoffs:

Harbor Community plans to lay off about 100 employees
(DBN)

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Non-Profits:

Southern Nevada Goodwill plans to exit bankruptcy in spring
(DBN)

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Politics:

White House aides reportedly blindsided by 'embarrassing' Trump interview The Controversial NYT Trump Interview Trump displays delusions in his New York Times interview Incoherent, authoritarian, uninformed: Trump’s New York Times interview is a scary read
(DBN)

How Trump built his presidency of one Trump is a Consequential President Trump's base holds firm in industrial heartland 2018: Trump Unchained 5 things that are better now because of Trump Trump Boasts He’s Signed More Laws Than Any President Since Truman. He’s Actually Signed the Fewest Trump FactCheck: "We have signed more legislation than anybody. We broke the record of Harry Truman." Scarborough pens ominous op-ed: 'A storm is gathering' in 2018 Trump Fires Entire HIV-AIDS Council Trump praises Iran protests and rips Democrats in morning tweets The American Public Reportedly Spent $43 Million Last Year So Trump Could Play Golf Lindsey Graham warns 2018 could be a year of ‘extreme danger’
(DBN)

The congressional to-do list?: everything
(DBN)

Republicans begin year with one-vote margin in Senate
(DBN)

Former Joint Chiefs chair: U.S. closer than ever to nuclear war
(DBN)

Democrats in the dumps: chaotic, exhausted, hellish 2017
(DBN)

Breitbart's Astonishing Confession About Roy Moore
(DBN)

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Travel:

The more we learn about Amtrak derailment the stranger it gets
(DBN)

Airline CEO reveals his favorite travel hack — and it makes perfect sense
(DBN)

Who owns the space between reclining airline seats?
(DBN)

Delays at U.S. airports after immigration computers go down Long Lines At Miami International Airport Due To U.S. Customs Computer Issue
(DBN)

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Bankruptcy Crimes:

Boulder spinal surgeon indicted on charges of bankruptcy fraud, money laundering
(DBN)

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Accounting:

PricewaterhouseCoopers was negligent in bank’s failure, judge rules PwC 'fell short' on averting one of the biggest US bank collapses
(DBN)

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Distressed Investing:

Lynn Tilton Beats $1 Billion Zohar Racketeering Suit
(DBN)

U.S. junk bonds are time bomb with a long fuse
(DBN)

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Horticulture:

Long time Westbrook business files for bankruptcy protection
(DBN)

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Radio:

Pacifica ED's motion to file for bankruptcy to protect its assets, including KPFA
(DBN)

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Fraud:

December 2017 Ponzi Scheme Roundup
(DBN)

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Cybersecurity:

Equifax: Anger but No Congressional Action
(DBN)

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Economy:

Fed Nowcast: 3.9% for 2017:Q4 and 3.2% for 2018:Q1
(DBN)

Chicago PMI "Rises" in December "to Six-and-a-Half Year High"
(DBN)

In Cities With Low Unemployment, Wages Finally Start to Get Bigger
(DBN)

One Nation, Under the Weight of Crushing Debt
(DBN)

17 striking findings from 2017
(DBN)

Goldman Takes $5Bn Hit from New Tax Law One industry that's getting a tax hike in 2018: medical devices Democrats in high-tax states plot to blunt impact of new tax law New year, new tax brackets. Here's where you stand The growing Powerball and Mega Millions jackpots will be subject to the new tax rules Caterpillar's $2 billion tax fight with the IRS could change how US companies do business
(DBN)

Bartlett: Tax Bill to Justify Cuts to Safety Net
(DBN)

Presidential Economies in the First Year
(DBN)

The Trump Effect: Business, Anticipating Less Regulation, Loosens Purse Strings NYT links optimism in business to Trump
(DBN)

We're letting Meals on Wheels slowly wither and die
(DBN)

Trump delivering on promise to shrink the bureaucracy In first year, Trump starts delivering on vow to shrink government
(DBN)

The American Empire is Crumbling
(DBN)

Bloomberg: World’s Wealthiest Became 23% Richer in 2017
(DBN)

Hiring like it’s 1999: U.S. jobs market hasn’t been this good in decades
(DBN)

Here's how Trump's infrastructure plan stacks up against the needs of America's roads and railways — and why it too might derail
(DBN)

Here's how much each US state's population grew or shrank in a year
(DBN)

Making China Great Again Look for an 'almost inevitable cold war' between the US and China, strategist says
(DBN)

Americans Losing Faith in College Degrees, Poll Finds
(DBN)

Why 65-year-olds aren’t old
(DBN)

What the world worries about
(DBN)

Workers in 18 States Get Minimum-Wage Increases
(DBN)

The U.S. has one of the stingiest minimum wage policies of any wealthy nation
(DBN)

Disruption: Alibaba's Jack Ma Expects the World to Experience Decades of 'Pain'
(DBN)

Welcome to the age of 'million-dollar poverty'
(DBN)

One year on: Is Finland’s free money experiment working?
(DBN)

5 Things to Fear in a Strong Global Economy
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

Fannie Mae: Mortgage Serious Delinquency rate increased in November due to Hurricanes Chart: Single Family Mortgage Serious Delinquency Rates Increase Slightly in November
(DBN)

Value of U.S. housing market climbs to record $31.8 trillion
(DBN)

FHFA report shows mortgage rates increasing as year ends
(DBN)

Here are the most valuable housing markets in the US
(DBN)

The US cities with the biggest housing bubbles
(DBN)

America’s Great Renter Boom Is Over
(DBN)

Here's Why U.S. Homeowners Could Lose Almost a Trillion Dollars
(DBN)

Top 10 Places Where Millennials Are Buying Houses
(DBN)

REIT Forecast For 2018: Building Boom
(DBN)

After the flames, allegations of rent-gouging fly in devastated wine country communities
(DBN)

2017 was a Robust Year for the US Housing Market: Zillow
(DBN)

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Municipalities:

Where things stand in Puerto Rico, 100 days after Hurricane Maria
(DBN)

Barely Half in Puerto Rico Have Electricity
(DBN)

How the Puerto Rico and US Virgin Islands economies compare post-Maria
(DBN)

U.S. firms detect opportunity to find workers in Puerto Rico’s exodus
(DBN)

Ambac Removes Obstacle to Proposed Debt Swap
(DBN)

‘We have a big problem’: Puerto Rico seeks aid for tens of thousands of squatters
(DBN)

Some Cities Are Never Coming Back
(DBN)

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Oil/Gas:

Texas doesn't have enough truck drivers to move around all its oil
(DBN)

Oil prices close 2017 at 2½-year high above $60
(DBN)

Oil records strongest year opening since 2014 amid Iran unrest
(DBN)

Rig count drops two Baker Hughes: US Oil Rig Count Ends 2017 40% Above Year-Ago Levels
(DBN)

U.S. oil production booms as new year begins
(DBN)

Oil Resurrection Sets Stage for Another OPEC-Shale Clash in 2018
(DBN)

What 2018 May Mean For The Oil & Gas Industry
(DBN)

4 Potential Takeover Targets Among Once Bankrupt Oil & Gas Companies
(DBN)

US Shale Can't Offset Record-Low Oil Discoveries
(DBN)

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Healthcare:

LeClairRyan Law Firm Sued by Former CEO of Health Diagnostic Laboratory

Hospitals set to lose $1.6 billion in drug payments
(DBN)

A tarnished hospital tries to win back trust
(DBN)

These Americans are most likely to receive opioid prescriptions
(DBN)

These Are The U.S. Cities Getting The Least Sleep
(DBN)

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Currency:

Dennis Gartman calls bitcoin a 'silly' idea, warns it will eventually crash under $5000
(DBN)

Bitcoin fever is driven by 'really stupid' investors, and will end in a crash: David Stockman
(DBN)

Bitcoin Investors are Irrational
(DBN)

Bitcoin Is Already Having a Bad Year
(DBN)

Goldman Warns on Cryptocurrencies in 2018
(DBN)

Beware of the media inflating the bitcoin bubble
(DBN)

Criminal Underworld Is Dropping Bitcoin for Another Currency
(DBN)

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Banking:

PricewaterhouseCoopers was negligent in Alabama bank's failure Judge Says PricewaterhouseCoopers Was Negligent In Colonial Bank Failure
(DBN)

December 2017: Unofficial Problem Bank list declines to 103 Institutions, Q4 2017 Transition Matrix
(DBN)

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Food/Beverage:

Subway's 'mystery meat' and 'mushy and rotten vegetables' destroyed the 'Eat Fresh' advantage it spent years building
(DBN)

Restaurant Performance Index Up MtM
(DBN)

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Celebs:

Bankrupt Boris Becker accused of auctioning fake memorabilia as fan spots something weird about racket he claims to have used at Wimbledon
(DBN)

Abby Lee Miller Passes Her Real Estate Class in Prison: 'I'm So Proud of Myself'
(DBN)

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Gambling:

SLS Las Vegas on ‘verge of chapter,’ traders allege
(DBN)

Federal judge approves Cal Neva Resort and Casino settlement deal
(DBN)

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Corporate Governance:

13th Annual List of Key Delaware Corporate and Commercial Decisions for 2017
(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 (10 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:

Weekly Bankruptcy Claims Trading Activity
(DBN)

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Miscellaneous:

Plan Proponent: The Best of 2017
(DBN)

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Trustees:

Alberta Stahl RIP
(DBN)

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Automatic Stay:

Long and Expensive Ride for Stay Violators
(DBN)

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Insurance:

Life Insurance Investment Company Files for Bankruptcy in Delaware
(DBN)

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Retailing:

Sears Stopped Buying National TV Ads in Critical Holiday Season
(DBN)

US retail's turbulent relationship with private equity
(DBN)

More than 3,600 stores will close in 2018 — here's the full list
(DBN)

Retailers are staying busy even after Christmas
(DBN)

Is Amazon really ripping off the US Postal Service?
(DBN)

A tsunami of store closings is about to hit the US — and it's expected to eclipse the retail carnage of 2017
(DBN)

Bookstore chains, long in decline, are undergoing a final shakeout
(DBN)

Steinhoff confirms 2015 results to be restated
(DBN)

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Climate:

Parts of Canada feel colder than Mars
(DBN)

Arctic Outbreak Setting Record Lows as Dangerously Cold Wind Chills Infiltrate Plains, Midwest and East
(DBN)

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Fraud:

More trouble for the ‘Nigerian prince’: Louisiana police say they caught scam’s middle man.
(DBN)

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Sports:

The NFL May be Plateauing
(DBN)

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Personal Finance:

7 Ways to Make Extra Money While Working a Full-Time Job
(DBN)

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Autos:

China Seizes Faraday Financier's Assets
(DBN)

GM wins ruling that could narrow ignition switch litigation
(DBN)

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Electricity:

SCANA applies to withdraw VC Summer licenses
(DBN)

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Steel:

New owners bring Essar project out of bankruptcy
(DBN)

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Aviation:

Retired Flight Attendants Tell Frontier to Pay Up
(DBN)

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Agriculture:

Judge approves McM Inc. farm bankruptcy payout of $9.1 million to secured creditors
(DBN)

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Sovereigns:

Tribunalizing Sovereign Debt: Argentina's Experience with Investor–State Dispute Settlement
(DBN)

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UK:

Is England About to Change and Stay in EU?
(DBN)

U.K. manufacturing slows, misses expectations
(DBN)

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PIIGS:

Bankrupt Households and Economic Crisis. Evidence from the Greek Courts
(DBN)

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MENA:

As Iran blames 'foreign' influence, new economic protests in Tehran pose a threat to the government Protests Over Corruption, Rising Prices in Iran
(DBN)

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Germany:

German lawmaker blasts EU for opposing Niki sale to Lufthansa
(DBN)

E-you cost us €150m! German leader blasts European authorities for opening the door to British Airways cut-price Niki deal BA owner IAG snaps up insolvent Austrian airline Niki in €36.5mln deal
(DBN)

Anti-Semitism in Germany: Jewish life 'under threat'
(DBN)

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North Korea:

It Appears Russia was Giving Oil to NKorea
(DBN)

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Mexico:

Acapulco, once popular Mexican town deteriorates as warring cartels provoke killings, drug addiction
(DBN)

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Poland:

Is Poland on its Way to Being Expelled From the EU?
(DBN)

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India:

Banks set to refer 24 large NPA accounts to NCLT
(DBN)

Bankruptcy will dictate M&A trend in 2018
(DBN)

Public Depositors as Creditors under the Bankruptcy Code: A Matter Left Unsettled
(DBN)

Fight's on: Dud assets aplenty, to keep RBI in cleansing mode in 2018
(DBN)

Banks to refer 25 firms on RBI’s second list to NCLT
(DBN)

Can the Ruia brothers pull off a rescue act at Essar Steel again?
(DBN)

Creditors need to take haircut in resolving bankruptcy, says Finance Minister Arun Jaitley
(DBN)

Forced insolvencies to help PNB avoid huge haircuts
(DBN)

Insolvency proceedings to take toll on banks' profits
(DBN)

Debt-laden Air India to open books to likely bidders, says report
(DBN)

FM Arun Jaitley strongly defends insolvency amendment
(DBN)

IBC May Lead To Companies Being Sold In Bits And Pieces, Warns Chidambaram
(DBN)

Anticipating the Function and Impact of India's New Personal Insolvency and Bankruptcy Regime
(DBN)

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China:

Pimco's Asia guru says China won't cut its debts or fix its industries — but that's OK
(DBN)

China wants debt-ridden LeEco founder home but he's saying no LeEco founder defies China return order, stays in U.S. to fundraise for electric car LeEco's Jia Defies China Return Order, Sends Family Instead
(DBN)

The Biggest Threats to China’s Economy in 2018
(DBN)

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Brazil:

Oi Shareholder Calls for Vote to Take Action Against CEO, CFO
(DBN)

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