Daily Bankruptcy News
January 9, 2018


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Law:

Norton Rose Names Two New Bankruptcy Partners
(DBN)

Withdrawing From 'Problem' Clients - Consider a New Year's Resolution
(DBN)

Tips from GCs to Aspiring GCs
(DBN)

Squire Patton Boggs - When a Law Firm Uses Merger Strategy to Scale
(DBN)

Boies Schiller Flexner - Great Having David Boies on Resume, Not Great for Staff Attorneys, Staff
(DBN)

Sullivan & Cromwell’s Aquila Says Deregulation Has Been Good for Business
(DBN)

Cleary Doubles Market Share in 2017 M&A Rankings
(DBN)

Making Time To Take Time
(DBN)

North Carolina Central, Arizona Summit found out of compliance with ABA accreditation standards
(DBN)

New York Law School Can't Shake Grad's Assault Suit
(DBN)

New Customs and Border Protection policy on searching attorney iPhones
(DBN)

Even Elite Schools Discount MBA Degrees By 50% Or More
(DBN)

Herbert Smith Freehills pays out 30% less in bonuses to women than men London law firms’ gender pay gap revealed: Herbert Smith Freehills, CMS and Shoosmiths first to publish data
(DBN)

Greenberg Traurig Pays Cravath Scale Bonus… To Buy A Goat
(DBN)

Trump's team looks to avoid interview between president and Mueller Russia probe Lawyers Try to Keep Trump from Mueller Report: Mueller likely to interview Trump Don’t Get It Twisted: Trump Team Is Trying To AVOID Trump Talking To Mueller, They’re Looking For Any Way Out ‘I’ve Seen No Evidence’: Ken Starr Says So Far, No Case for Trump Obstruction or Collusion In Defense of Robert Mueller 'I don't think he fully appreciates the legal jeopardy he faces': Mueller's team is gearing up to interview Trump Trump could be interviewed within weeks in Russia probe Fusion GPS Still Investigating Trump-Russia Ties, Report Says
(DBN)

Is Trump Above the Law? Possibly
(DBN)

Trump goes after another democratic norm
(DBN)

Scott Pruitt Already Dancing On Jeff Sessions’s Grave
(DBN)

Don McGahn ‘Is A Cancer’
(DBN)

Bernstein: It's a Constitutional Crisis Now
(DBN)

Russian Lawyer: I Talked with Ivanka Too
(DBN)

Trump administration says nearly 200,000 Salvadoran immigrants must leave or face deportation
(DBN)

Death Penalty Case Heard by Racist Juror Is Reopened by Supreme Court Supreme Court Sides With Death Row Inmate Over Racist Juror Claim
(DBN)

Supreme Court allows Mississippi anti-LGBT law to stand Supreme Court won't take up Mississippi religious freedom law
(DBN)

Lawyers, Top Brass Among Cuts as Krasner Trims More Than 30 Jobs From DA's Office New Philly D.A. Is Fittin’ To Change The Whole Game
(DBN)

Woman Allegedly Opens Fire at Husband on Toilet ‘To Make Him Listen to Me’
(DBN)

Cliven Bundy, 2 sons to walk free, judge dismisses standoff case
(DBN)

Town To Fine Drivers $200 For Taking GPS-Guided Shortcuts
(DBN)

Texas Woman Kills Her Family at the Beach
(DBN)

Girls Started Massive Movie Theatre Brawl Over Boy, Witness Says
(DBN)

Google managers kept blacklists of conservative employees — and one manager even considered holding 'trials', alleges a new lawsuit Lawsuit Alleges Google Managers Booed White Men at Company Meetings
(DBN)

'Fixer Upper' Star Joanna Gaines Wants $150,000 Per Hour for Deposition Time
(DBN)

A California county will issue refunds to parents wrongly billed for their kids’ incarceration
(DBN)

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Judges:

Ginsburg, Kennedy hire law clerks for future Supreme Court terms Ruth Bader Ginsburg, with clerk hires, signals desire to outlast Trump
(DBN)

Supreme Court clerks are overwhelmingly white and male. Just like 20 years ago.
(DBN)

Next Steps in the Federal Judiciary's #MeToo Moment
(DBN)

Judges Sue for Colleague's Surveillance
(DBN)

Judge Tells Law Students That Rooms ‘Full Of Big Dark People’ Make Her Uncomfortable
(DBN)

Malloy Nominates Andrew McDonald To Be Nation's First Openly Gay Chief Justice
(DBN)

Federal Judge Enjoins Chicago Clerk From Withholding Press Access
(DBN)

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Wall Street:

US futures edge higher ahead of data Dow on track to resume record run after taking a breather
(DBN)

Stocks hit all-time highs as optimism on US economy remains
(DBN)

The S&P 500 has hit a record every day of 2018, its longest such streak since 1964
(DBN)

Galbraith Not Celebrating Dow 25,000
(DBN)

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Layoffs:

GoPro cuts over 250 jobs and reduces its CEO's cash pay to $1 in huge restructuring plan
(DBN)

The False Promises of Worker Retraining
(DBN)

600 layoffs at UAMS
(DBN)

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Autos:

Tesla's Coming Bankruptcy
(DBN)

Auto Execs Think Electric Cars Will Fail
(DBN)

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Travel:

The chaos at New York's JFK airport was made worse by a major operational flaw
(DBN)

Starting Jan. 22, some may need a passport for domestic air travel
(DBN)

Are reclining seats the next airline amenity to go?
(DBN)

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Hedge Funds:

Hedge fund redemption requests at lowest in a decade
(DBN)

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Tech:

GoPro has hired JP Morgan to put itself up for sale GoPro's plunging stock made short sellers $45 million in a single day
(DBN)

You should update your iPhone as soon as possible to fix chip security hole Here’s Everything to Know About the Intel Chip Security Flaw Intel's CEO publicly addresses its big chip vulnerabilities, says response has been 'remarkable' Intel's CEO says the company will update its vulnerable chips by the end of January Microsoft temporarily stopped issuing software updates for computers affected by Spectre and Meltdown - Updates make computers unbootable
(DBN)

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Religion:

Trump spiritual adviser warns followers of ‘consequences’ if they don’t send her up to a month’s salary
(DBN)

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Healthcare:

Oncology Services Provider Reaches $2.3 Million Settlement with HHS for Data Breach
(DBN)

Trump's New Tack to Weaken ObamaCare
(DBN)

Insurers Show Little Interest In Selling Trumpcare Policies
(DBN)

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Student Debt:

4 Ways Betsy DeVos Plans To Make It Harder For Ripped-Off Students To Get Loan Forgiveness
(DBN)

Consumer board orders Citibank to pay $3.75 million for alleged illegal student loan practices
(DBN)

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Currency:

'Get ready for an explosion' in bitcoin as Wall Streeters spend their bonus checks
(DBN)

Ethereum price jumps again as it approaches a new all-time high
(DBN)

Cryptocurrency market will see crash and then consolidation, Ethereum co-founder says
(DBN)

Cryptocurrencies Take a $100 Billion Hit
(DBN)

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Aviation:

New Delaware Chapter 11 Filing – SeaStar Holdings, Inc.
(DBN)

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Radio:

U.S. Trustee Files Objection to Cumulus Plan
(DBN)

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Economy:

Consumer credit growth surges in November by most in 16 years
(DBN)

Surprise — Americans aren’t taking on too much debt after all
(DBN)

Americans’ Optimism About Job Market Hit Record High in 2017
(DBN)

Why states may get away with creative income tax maneuvers
(DBN)

Prime Working-Age Population nears 2007 Peak
(DBN)

Automation is holding down paychecks, says Nobel Prize-winning economist
(DBN)

Is Overregulation Holding Back the Economy?
(DBN)

Bigger Raises Might Be Coming in 2018
(DBN)

It'll be another weak year for the US dollar, Goldman Sachs predicts
(DBN)

Trump is planning to use a misleading number to try and sell the GOP tax law Passing the GOP tax bill was hard. Selling it to voters could be even harder Buffett's Berkshire stands to gain $37 billion windfall from tax plan Tax reform prompts Visa to raise 401(k) match for US employees Trump advisor Hassett: New GOP tax law will take pressure off the Fed What If the Tax Law Promises Aren't Kept? Big oil finds hurdles in Trump's 'America-first' tax plan How to Make Companies Share Their Bounty Black Knight Mortgage Monitor: New Tax Law Could Impact Home Equity Borrowing High-Tax States Get Fleeting Financial Boost From New Law Tax Overhaul May Reshape State Budgets Olive Garden Owner Pledges to Boost Employee Perks After Tax Cut Health care companies are thrilled about the tax overhaul Biotech and pharma firms like the US tax law — but not because of their new rates Tax plan might create more competition with foreign manufacturers
(DBN)

Republicans scale down agenda for safety-net programs, health law
(DBN)

No other state comes close to Minnesota in terms of this financial metric
(DBN)

Despite Trump threats, vehicle imports from Mexico hit an all-time high
(DBN)

Trump to farmers: I've ended the 'regulatory assault on your way of life' Trade, labor concerns hang over ag as Trump prepares to address top farm group
(DBN)

The 10 best places to find a job in 2018 This is where the jobs are, and where they're not
(DBN)

A January Government Shutdown Will Be All About Trump's Wall...And Could Last Weeks
(DBN)

The Black and Hispanic Unemployment Rates Don't Deserve Applause
(DBN)

Trade and Central Banks Will Make Life Painful for Investors
(DBN)

On the economy, Trump has been crazy like a fox
(DBN)

How Trump, Obama compare on the stock market
(DBN)

There’s a serious proposal to give every baby born in America $20,000 (or more)
(DBN)

Study: Don't blame opioid crisis on the economy
(DBN)

The Economy May Be Set for a Supply-Side Surprise
(DBN)

Labor Dept. undoes Obama-era overtime action — and businesses cheer
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

Homeowners are sitting on trillions in 'tappable' equity
(DBN)

Americans less confident in housing market as 2017 closes
(DBN)

Supreme Court Won't Take Florida Couple's Treehouse Dispute
(DBN)

Black Knight: Tax Law Could Impact HELOC Borrowing
(DBN)

Calif. App. Court (3rd Dist) Holds Servicer May Owe Borrower Duty of Care as to Loan Mod Efforts
(DBN)

Framing Lumber Prices Up Sharply Year-over-year
(DBN)

You’re better off buying than renting in these U.S. cities
(DBN)

Xceligent founders abandon plans to launch new data business: Xceligent trustee allegedly threatened legal action over noncompete
(DBN)

Malls may be dying, but bets against their debt haven’t paid off
(DBN)

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Municipalities:

Puerto Rico creditors call for details on fiscal plan's development
(DBN)

Aurelius Seeks a Do-Over; Puerto Rico and the Appointments Clause Litigation
(DBN)

Donald Trump doesn't care about Puerto Ricans
(DBN)

Hurricane aftermath complicates Puerto Rico debt restructuring
(DBN)

Puerto Rico board may fast-track four power projects that would invest $1.47 bn
(DBN)

2 Indiana bills address school district financial distress
(DBN)

The U.S. Cities Left Behind Now Get Their Turn
(DBN)

California Municipalities' Debt Disclosures Contrast With Climate Warnings
(DBN)

Preliminary hearing begins for four Flint water crisis defendants
(DBN)

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Oil/Gas:

Tidewater Inc. - US Bankruptcy can be a very rewarding process
(DBN)

Fort Worth's Darden family seeks to stop foreclosure sale of ranch holdings
(DBN)

Seadrill bondholders post cash deposit for rival restructuring
(DBN)

Oil steadies above $61 a barrel as rig count falls
(DBN)

Is tax overhaul really a good deal for Big Oil? Big Oil Finds Hurdles Buried in Trump’s ‘America-First’ Tax Plan
(DBN)

There’s a Big Victim From OPEC’s Oil Cuts
(DBN)

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Awards:

Nominations Open for the 2018 William L. Norton, Jr. Judicial Excellence Award
(DBN)

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Retailing:

Kohl's is defying the retail meltdown — and it's more proof that malls are dying
(DBN)

The mall crisis is secretly morphing into a full-on Armageddon
(DBN)

RadioShack exits bankruptcy , again
(DBN)

Sears, Stein Mart Face Brutal Year, Risk Bankruptcy
(DBN)

Retail investor exposure to stock market is at an all-time high: TD Ameritrade Retail Investors Are on Their Longest Buying Spree of the Bull Market
(DBN)

Retailers Are In Better Shape Than Some Think: Craig Johnson
(DBN)

Amazon Flexes Its Muscles With Holiday-Shopping Dominance
(DBN)

The running list of 2017 retail apocalypse victims
(DBN)

Jeff Bezos Is Now Worth More Than $105 Billion
(DBN)

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Politics:

Top Democrat: Oprah should run! 'It's great': Mark Cuban weighs in on rumors that Oprah will challenge Trump in 2020 Alex Jones goes full racist on Oprah Winfrey: ‘The black face to carry out the enslavement of black folks’ Oprah Is the Living Symbol America Needs Now Oprah can help Democrats in 2020, but not as a candidate What the Oprah Boomlet Means for Democrats Presidents Need More Than Hollywood Resumes How Oprah Winfrey Literally Rose From Rags To Multi-Billion Dollar Riches Ivanka Trump gets slammed for tweeting in support of Oprah's rousing Golden Globes speech Take Oprah Seriously Oprah, Don’t Do It Should Oprah Run?
(DBN)

If Bipartisanship Marks 2018, Americans Would Be Happy
(DBN)

White House: Trump running for re-election in 2020
(DBN)

There are more crazy allegations about Trump and women in Michael Wolff's explosive book on his presidency
(DBN)

Is Trump crazy? The president should only be judged by his policies
(DBN)

How Stephen Miller Got What He Wanted From CNN Michael Wolff's lawyer tells Trump: "No apology is warranted" Sebastian Gorka: I was told to cooperate with Michael Wolff Bannon Shopped Anti-Trump Dossier... Tried to Sink Presidential Campaign What to Make of Fire and Fury White House: Trump's physical won't include psychiatric evaluation Michael Wolff on Trump: You can't listen to him talk without considering the possibility that 'something is grievously amiss' 'They're liars!' Michael Wolff blasts Trump for calling his book 'fake' Graham: No One Else Calls Trump a Genius
(DBN)

House Republicans keep announcing 2018 departures Ed Royce is latest House Republican to announce retirement
(DBN)

Trump was booed by fans waiting in the rain as he arrived at the national championship game Trump Cheered At College Football National Championship Game
(DBN)

‘We’re not Trump’ isn’t enough for Democrats to win votes Democratic Party: The Fall of Neoliberalism
(DBN)

Mattis, Tillerson Keeping Trump from Attacking NKorea
(DBN)

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Gambling:

Failed Atlantic City casino is sold, could reopen in months Atlantic City's Failed Revel Casino Sells for $200 Million Revel casino officially sold, will re-open this summer Developer selling casino, blames regulations
(DBN)

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Coal:

Commission rejects Perry's push to guarantee coal and nuclear revenues Rick Perry's plan to aid coal industry rejected by regulators
(DBN)

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Aerospace:

A highly classified US spy satellite is missing due to a SpaceX mission failure
(DBN)

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Entertainment:

How Paddington Bear Kept The Weinstein Company Afloat
(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 (23 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (45 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:

December Chapter 11 Filings Up 'Sharply'; Full Year Up 6%
(DBN)

Commercial Chapter 11 Filings Increase 6 Percent in Calendar Year 2017; December Chapter 11s Up 107 Percent
(DBN)

Weekly Bankruptcy Claims Trading Activity
(DBN)

December 2017 Bankruptcy Statistics- State and District
(DBN)

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Involuntary Bankruptcy:

Involuntary Proceeding Suspended to Permit Disposition of State Court Litigation
(DBN)

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Venue:

Bill Aims to Make Bankrupt Companies File for Protection Closer to Home
(DBN)

Earthquakes, Sharkcicles… And a New Venue Reform Bill
(DBN)

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Valuation:

Supreme Court Rejects Petition in Sunnyslope
(DBN)

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Priorities:

Debt Priority Structure, Market Discipline and Bank Conduct
(DBN)

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Ch. 13:

Comments from Aki Koyama on Attorneys Fees in Chapter 13 Comments from Aki Koyama on the new Chapter 13 Plan Form
(DBN)

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Insurance:

The Year in Review: 2017 Key D&O Insurance Coverage Decisions
(DBN)

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Weather:

Hurricanes, wildfires cost US more than $300 billion in 2017, shattering records
(DBN)

Costs to Fight 2017 California Wildfires Shatters Records
(DBN)

Thousands evacuated as first major rainstorm in a year hits Southern California Record Rainfall in California
(DBN)

First Came the Snow Bomb, Now Comes the Salt Bomb
(DBN)

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Marijuana:

The Business of Cannabis – Getting into the Weeds
(DBN)

Sessions's Policy Now Makes Pot Use a Gamble
(DBN)

California Official Tells Sessions: Hands Off Our Pot
(DBN)

Reading The Pot Leaves: What The Sessions Memo Means For Marijuana In The U.S.
(DBN)

The Marijuana Mess: How Can The Feds Penalize What The States Say Is Legal?
(DBN)

Vermont poised to be first to legalize marijuana through state legislature
(DBN)

Kansas lawmaker says African Americans are more susceptible to drug abuse because of ‘character makeup’ and ‘genetics.’ Kansas Republican lawmaker says black people can’t handle marijuana because of ‘their genetics’
(DBN)

Justice Dept. Reversal to Make Banking Harder for Pot Businesses
(DBN)

Sessions Pot Crackdown a Step Backwards
(DBN)

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Fraud:

Meet the legal duo fighting for Madoff victims
(DBN)

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Mail:

Neither snow nor rain nor heat nor gloom of night . . . However . . .
(DBN)

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Sports:

NFL Playoff Ratings in Double Digit Decline
(DBN)

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Corporate Governance:

Chancery Court Holds Business Strategy Disputes May Not Be Resolved By Appointment Of A Receiver Under Section 291
(DBN)

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Celebs:

Teresa Giudice's Lawyer Dispels Divorce Rumors: 'They Can’t Wait to Be Together Again'
(DBN)

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UK:

UK Income Squeeze Shows in Spending
(DBN)

UK ‘zombie business’ numbers drop to record low – R3
(DBN)

Gloomy Christmas for British Retailers
(DBN)

The High Street spending crisis is starting to claim scalps with a 28% increase in shops going bust
(DBN)

Carillion: How the Black Country's top business went from a £5 billion turnover to the edge of bankruptcy Saving Carillion will cost banks and investors
(DBN)

Britain's Unavoidable Health-Care Choice
(DBN)

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PIIGS:

Varoufakis: "Do not be Fooled, the Crisis is not Over and the Euro is in Jeopardy"
(DBN)

Greece: Gov't in all-night talks with creditors over multi-bill
(DBN)

Why the Bank of Italy Wants to Change the Subject
(DBN)

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Canada:

Files cast doubt on GG vetting process
(DBN)

Judge Denies Ticketfly Attempt to Set Aside Pemberton Fan Refund Money
(DBN)

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India:

Banks may sell loans in RBI’s second list to ARCs in absence of bidders
(DBN)

RBI seeks SC permission to start insolvency proceedings against Jaiprakash Associates
(DBN)

Changes to Companies Act to fortify bankruptcy process notified
(DBN)

Insolvency professionals divided over ban on resolution outsourcing
(DBN)

HC starts a race between winding-up and insolvency proceedings
(DBN)

Electrosteel Steels Finds Four Buyers
(DBN)

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Uzbekistan:

Uzbekistan introduces bankruptcy procedure for individuals
(DBN)

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Germany:

German court ruling threatens to unravel Niki sale to IAG German court says Niki insolvency in Austria's jurisdiction Niki passengers strike back - Air Berlin Bankruptcy
(DBN)

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China:

Nearly 100 "zombie companies" declared bankrupt in Guangzhou
(DBN)

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Finland:

Consumers in Finland increasingly having trouble paying bills
(DBN)

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Brazil:

Judge OKs Oi restructuring, says shareholders meeting not needed
(DBN)

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Venezuela:

The Hausmann Addendum to the Roosevelt Corollary to the Monroe Doctrine
(DBN)

Venezuela's oil production sinks to lowest since 2002
(DBN)

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Russia:

Browder’s sentence for deliberate bankruptcy and tax evasion appealed
(DBN)

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Sweden:

Sweden Hits the Jackpot With a ‘Crazy’ Surplus
(DBN)

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