March 20, 2018

The Daily Bankruptcy News

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Law:

Weil Grabs Roles on 2 More Retail Bankruptcies
(DBN)

Facing Mounting Pressure Over Shortchanging Attorneys, Baker McKenzie Doubles Down And Blames Associates
(DBN)

How This Top Law Firm Thinks Like a Startup to Fuel Growth
(DBN)

When CEO Resignations Put Law Firms in the Hot Seat
(DBN)

When Companies Sue Their Outside Counsel, It Can Be One Big Brouhaha
(DBN)

How To Minimize Legal Risk When Firing Alleged Harassers
(DBN)

Hunton & Williams to Launch Boston Office, Acquiring 14 Litigators
(DBN)

Kilpatrick Pushes Past $1M in Profit Per Partner
(DBN)

You Won’t Believe The Reason This Law School ‘Fell’ In The USNWR Rankings Berkeley Law Returns to the U.S. News' Top 10, Pepperdine Gets Shut Out
(DBN)

When Law Review Becomes A Living Hell For Law Students
(DBN)

Can fired deputy FBI director Andrew McCabe sue over his termination? Andrew McCabe's firing may have been 'unfortunate,' but it was 'not unreasonable,' experts say — and it leaves FBI agents 'shaken' We just got our latest hint that Hope Hicks has a detailed diary — and that could be of interest to investigators Trump tweets 'WITCH HUNT' after lawyer says president isn't thinking about firing Mueller Andrew Napolitano: Firing Andrew McCabe could be seen as 'obstruction of justice' Trump-Sessions Relationship at Crossroads After President’s Attack on Mueller Jeff Sessions may have violated his recusal pledge when he fired Andrew McCabe Trump continues criticism by tweet after Cobb says president isn’t considering firing Mueller Fact-checking Donald Trump's tweetstorm on Mueller, Russia White House Lawyer Insists Trump Won’t Fire Mueller We May Never See What Mueller Found Out
(DBN)

Trump hires lawyer who has spoken of ‘brazen plot’ to frame the president Trump Lawyer Pushed Conspiracy Stories Trump is trying to find the 'magic bullet' with his legal team in the Russia investigation For Newest Lawyer, Trump Picks Fierce Critic of Mueller’s Probe
(DBN)

Trump’s lawyers say Stormy Daniels owes him $20 million Stormy Daniels could have to pay at least $20M in liquidated damages, Trump lawyer tells court What Went Wrong in the Stormy Daniels Case
(DBN)

A new generation of American kids embraces firearms Superstore chain Fred Meyer to stop selling guns, ammunition Dem Congressman Hints at Armed Rebellion Against Trump Brother of Florida shooter arrested for trespassing at Stoneman Douglas High FL: Gunman's Wife: I Should Have Been Honest
(DBN)

Why are law deans not fired after investigations find misconduct with women?
(DBN)

Lawyer reprimanded for explicit and demeaning comments, including calling prosecutor ‘Kurvacious’
(DBN)

Constitution limits pardons if they are for self-benefit, law profs say in op-ed
(DBN)

To find suspects, police quietly turn to Google
(DBN)

Fine-Tune Your B.S. Detector: You’ll Need It
(DBN)

Local police investigating “serial bomber” situation in Austin, Texas The Austin package explosions are getting more sophisticated — and authorities say there's a 'serial bomber' Austin on edge after explosion leaves 2 injured; cause of blast unclear More than 500 federal agents working on Austin bombing case Package bound for Austin with 'nails and shrapnel' explodes at Fedex site in San Antonio What We Know About the Austin Bombings
(DBN)

Border Wall - Dreamers Deal Implodes
(DBN)

Uber is 'likely' not at fault in the fatal self-driving car crash, local police chief says
(DBN)

Cuomo Orders a Review of Vance's Handling of Weinstein Investigation
(DBN)

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Judges:

Passing of the Honorable Robert E. Ginsberg
(DBN)

Appointment of United States Bankruptcy Judge Jeffrey P. Norman, Houston Division
(DBN)

Justice Scalia’s Bankruptcy Jurisprudence: The Right Judicial Philosophy for the Modern Bankruptcy Code?
(DBN)

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Wall Street:

US stocks set for a negative open ahead of Fed meeting Nasdaq-100 futures drop 33.25 points, or 0.5%, to 6,881 Techs set to drag U.S. stocks down again, as Facebook keeps sliding
(DBN)

Dow skids 450 points as Facebook drags tech stocks lower Dow drops 335 points, Nasdaq slides 1.8% as Facebook drags tech shares lower Dow's 335-point drop erases all of 2018 gains--and then some
(DBN)

Stock market meltdown has to do with a lot more than just Facebook
(DBN)

10 years after crash, Americans still have not fallen back in love with stocks
(DBN)

Wall Street's 'fear index' jumps 38% amid stock selloff, back above long-term average
(DBN)

Goldman: Returns are Dropping Fast
(DBN)

How Donald Trump is making a comeback as a risk to stocks
(DBN)

The stock market meltup is over, says Morgan Stanley
(DBN)

The Dow is now down for 2018, but it still has plenty of winners
(DBN)

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Layoffs:

Meredith Corp set to announce up to 300 layoffs
(DBN)

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Travel:

Airline pilot explains 21 code words passengers don't understand
(DBN)

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Tech:

Facebook shares drop more than 7% after a bad weekend of news Facebook plunge takes it below key chart level that could signal more losses ahead The CEO of Cambridge Analytica was secretly filmed offering to entrap politicians with bribes and sex Where in the world is Mark Zuckerberg? Facebook's founder needs to stop hiding from the company's biggest crisis Britain's data regulator is getting a warrant to raid Cambridge Analytica and seize its servers This Time Facebook May Really Be Screwed Senate committee probes Facebook, Cambridge Analytica Cambridge Analytica Behaved Appallingly. Don't Overreact.
(DBN)

Tech stocks are flashing a warning sign similar to before the dot-com bubble popped
(DBN)

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Weather:

Battered East braces for wintry wallop on 1st day of spring
(DBN)

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Credit Counseling:

5 Reasons Debt Relief Programs Cause More Pain Than Relief
(DBN)

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Corporate Reform:

With Rollback, Dodd-Frank Is Now Officially A Dud
(DBN)

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Banking:

Bank of America whistleblowers land $83m in awards
(DBN)

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Autos:

Uber Self Driving Car Kills Woman Woman's death pushes self-driving much further away Uber halts driverless-car program after pedestrian death
(DBN)

Who's Competing with Uber?
(DBN)

More than 70% of Tesla’s biggest fans didn’t buy a Model 3 when offered
(DBN)

VW HQ Searched Again in Emissions Case
(DBN)

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Corporate Governance:

The Business Judgment Rule and DGCL Section 144
(DBN)

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Radio:

These Bonds In Bankruptcy Have Soared And May Go Even Higher
(DBN)

The treacherous future for terrestrial radio
(DBN)

This adviser could be to blame for Broadcom, iHeart's failures
(DBN)

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Food/Beverage:

Supermarket Bankruptcies Are Beginning to Pile Up
(DBN)

Tops spars with union pension fund in bankruptcy case
(DBN)

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Economy:

A surprise from the Fed this week could trigger a market tantrum, says market watcher
(DBN)

The Fed Is Signaling More Than 3 Rate Hikes This Year
(DBN)

Hangover Grips U.S. Corporate Bond Market After Investors’ Binge
(DBN)

The Fed is unlikely to mention the one thing that could really hurt the economy
(DBN)

Q1 GDP Forecasts
(DBN)

FOMC Preview
(DBN)

Chart: US Household Income
(DBN)

Signs are growing for a global trade war that could trigger a recession, Deutsche Bank says
(DBN)

Higher deposit rates could mean more money in your pocket
(DBN)

This bullish economic news is a warning for the stock market
(DBN)

Is the Fed really ready to run with the bulls?
(DBN)

A small provision in the GOP tax law could soon become a nightmare for the NBA and MLB
(DBN)

The top 10 richest places in the US
(DBN)

Most Americans close to retirement have saved 12% of what they need
(DBN)

Trump only cares about 'specific deficits in specific industries,' says former IMF chief economist Fears of trade war, U.S. rate hikes prompts global sell-off of stocks
(DBN)

Trump to Hit China with $60Bn in Tariffs
(DBN)

The gross national debt is spiking to its highest levels since the crisis
(DBN)

Tax reform 'phase 2' rollout could come as early as April 15, conservative GOP Rep. Meadows says
(DBN)

Withering Take on Pass Through Tax Rules
(DBN)

Goldman Sees ‘Financial Fragility’ Rising in Markets
(DBN)

Congress struggles to meet a Friday deadline to avoid a government shutdown
(DBN)

The Population Bomb Has Been Defused
(DBN)

The 27 scariest moments of the financial crisis
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

The 5 cities with the U.S.’s most affordable homes
(DBN)

This is why Millennials have yet to flood housing market
(DBN)

"Mortgage Rates Maintain Flat Trajectory Ahead of Fed"
(DBN)

MO: Under bankruptcy laws, 417 Rentals owned by Chris Gatley could soon cease to exist
(DBN)

El Paso: Abraham takes the stand
(DBN)

A ‘Dead’ Home-Equity Tax Deduction Sees New Life Thanks to the IRS
(DBN)

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Municipalities:

Judge Pushes Back Against $75M in Fees for Puerto Rico Bankruptcy
(DBN)

For companies in Puerto Rico, the return to business as usual is slow
(DBN)

More Puerto Ricans leave for the mainland
(DBN)

Claims of politically motivated firings hit wall in Puerto Rico case
(DBN)

How to survive climate change: A lesson from Hurricane Maria
(DBN)

Six months after Hurricane Maria, parts of Puerto Rico still in the dark
(DBN)

Expert: Ratings agencies have Guam under microscope
(DBN)

Californians fed up with housing costs and taxes are fleeing state in big numbers
(DBN)

How long can the world’s 'least sustainable' city survive?
(DBN)

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Oil/Gas:

Pennsylvania: Bankrupt Refiner Owes $3.8 Billion in Taxes
(DBN)

America’s record-breaking natural gas export boom
(DBN)

Oil prices rebound as Middle East tensions persist
(DBN)

Oil rig count back up to even 800
(DBN)

State says PES owes $3.8 billion in back taxes, urges court hold up bankruptcy plan How The Philadelphia Energy Solutions Bailout Affects Other Merchant Refiners
(DBN)

New Delaware Chapter 11 Filing – Augustus Energy Resources, LLC
(DBN)

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Retailing:

Toys R Us stores are slashing prices on Apple products as the toy giant prepares to shutter or sell all 735 locations across the US
(DBN)

Toys "R" Us fate could be decided soon
(DBN)

Toys R Us Easter Egg Hunt, birthday parties, canceled as business begins to wind down
(DBN)

Toys ‘R’ Us CMBS investors dig into ’dark value‘ as SASB seniors trade
(DBN)

Amazon Has Considered Buying Some Toys ‘R’ Us Stores
(DBN)

How James Patterson, the richest writer in the world, helped create the iconic Toys R Us jingle
(DBN)

Aeropostale Ch. 11 Lender Releases Seem OK, Judge Signals
(DBN)

Mall Staple Claire's Files For Chapter 11 Bankruptcy Claire's, the ear-piercing mall chain, files for bankruptcy We visited a Claire's store the day the teen retailer filed for bankruptcy - and it was like stepping back in time New Delaware Chapter 11 Filing – Claire’s Stores, Inc. Claire's bankruptcy Claire's blames its bankruptcy on dying shopping malls
(DBN)

Here's what could happen to America's hundreds of dead malls
(DBN)

Malls can survive if they're converted into mixed-use centers: Retail expert
(DBN)

Whole Foods calls a supplier summit amid angst over changes under new owner Amazon Reuters 37 Mins Ago
(DBN)

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Currency:

Mt Gox Trustee: $400 Million Sale Didn't Drop Bitcoin Price
(DBN)

Bitcoin is unfolding like the dotcom crash — just 15 times faster
(DBN)

A controversial cryptocurrency is exploding as traders look for safety away from bitcoin's wild swings
(DBN)

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Personal Finance:

The little-noticed tax change that could affect your return
(DBN)

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Entertainment:

The Weinstein Co. Files For Bankruptcy, Cancels Non-Disclosure Agreements Weinstein Company files for bankruptcy The Weinstein Company's 363 Bankruptcy Filing Tonight In Delaware?
(DBN)

The Weinstein Company just canceled every non-disclosure agreement between Harvey Weinstein and women who accused him of sexual misconduct
(DBN)

New York Gov. Cuomo calls for review of how DA handled Weinstein case
(DBN)

Dallas-based Lantern Capital is buying The Weinstein Co. Stalking Horse Bidder Lantern Capital Has Competition In Race To Ride Off With Weinstein Company Assets Weinstein Co. Lines Up Stalking Horse Bidder for Bankruptcy
(DBN)

First Day Dec First Day Dec (2)
(DBN)

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New Bankruptcy Opinions
(4 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (75 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (6 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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Insiders:

Clear Error They Say! Supreme Court Opines On Standard Of Review For Determining Non-Statutory Insider Status
(DBN)

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Appeals:

The Court Provides Additional Guidance on the Appropriate Level of Review of Determinations of Mixed Questions of Law and Fact by the Bankruptcy Court
(DBN)

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Priority:

Applying Jevic: How Courts Are Interpreting and Applying the Supreme Court’s Ruling on Structured Dismissals and Priority Skipping
(DBN)

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Bankruptcy remoteness:

Bankruptcy Remoteness Going to a Court of Appeals (Progress Report No. 1)
(DBN)

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LBOs:

Unwinding an LBO Transaction in Bankruptcy Made Easier
(DBN)

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Student Debt:

Student Loan Bankruptcy and the Meaning of Educational Benefit
(DBN)

Trump may ease bankruptcy rules to cut student loan debt
(DBN)

‘Sick With Worry’: GOP Bill to Eliminate Public-Service Loan Forgiveness
(DBN)

This Community Has 17% More Student Loan Debt. Is Bankruptcy The Answer?
(DBN)

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Autos:

Uber's self-driving car killed a pedestrian in Arizona — company is now halting self-driving car tests
(DBN)

Goldman: Tesla shares to drop more than 30 percent in the next 6 months on weak Model 3 deliveries
(DBN)

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Healthcare:

CEO of bankrupt nursing home chain may receive $116M package
(DBN)

Summary: Orion Healthcare Corp.
(DBN)

Trump's new opioid plan includes support for an addiction vaccine
(DBN)

Here’s the official ACA stabilization bill
(DBN)

Why a bipartisan push to help the ACA is losing steam
(DBN)

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Marijuana:

Cashed And Counting: California Starts Crackdown On Gray Marijuana Marketplace
(DBN)

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Politics:

John Kelly promotes Kushner ally for key deputy role
(DBN)

Trump, Clinton reveal parties’ shifting coalitions
(DBN)

Crisis manager questions why Trump's use of social media data is 'sleazy' and Obama's 'innovative' Trump Campaign Quit Using Cambridge Data Ted Cruz Used Cambridge Analytica in Iowa
(DBN)

Pennsylvania Republicans Lose Late Push to Block Voting Map Supreme Court turns down GOP request to block Pennsylvania congressional map
(DBN)

Jim Carrey Paints Sara Huckabee Sanders
(DBN)

John Kelly was 'extraordinarily dismissive' of Hope Hicks and dubbed her 'the high-schooler'
(DBN)

'Who is Secretary of State here?': Rex Tillerson reportedly locked horns with Jared Kushner over his freewheeling approach to diplomacy
(DBN)

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Celebs:

'Dance Moms' star Abby Lee Miller to be released from jail a month early
(DBN)

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UK:

U.K. and E.U. agree to Brexit transition terms
(DBN)

Millions of Britons in Severe Debt Face More Pain From BOE Hikes
(DBN)

U.K. Announces New Crackdown on Irresponsible Company Directors
(DBN)

Carillion collapse: here’s how much corporate undertakers could make from the liquidation Weil partner Andrew Wilkinson discusses Carillion’s collapse
(DBN)

The woman who bankrupted UKIP? Ukip’s future in doubt after order to pay defamation case costs UKIP faces bankruptcy over MEP defamation case
(DBN)

UK inflation falls to 2.7% as the Brexit price squeeze starts to slow
(DBN)

15 months of the Insolvency Code: learnings for lenders
(DBN)

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EU:

Europe Is Only Halfway To Healthier Banks
(DBN)

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PIIGS:

The crisis of Toy ' R ' Us: The subsidiary owner of the buildings in Spain requests the contest of creditors
(DBN)

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Venezuela:

Trump issues action blocking Venezuela cryptocurrencies within US
(DBN)

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India:

Billionaires Behaving Badly Can Be a Force for Good
(DBN)

Top Indian Lender Throws Weight Behind Ambani's RCom Asset Sale
(DBN)

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MENA:

UAE VP orders creation of financial restructuring committee
(DBN)

Saudi tycoon auctions off 900 vehicles to clear debt
(DBN)

Rivals Circle as Egypt's Debt Loses Shine That Drew $20 Billion
(DBN)

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France:

Former French President Nicolas Sarkozy taken into police custody over campaign funding probe French ex-president Sarkozy arrested over 'receiving illegal campaign funds from Gaddafi'
(DBN)

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Australia:

Surfstitch: will it survive?
(DBN)

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Mozambique:

Mozambique, Hedge Funds Set to Face Off in Debt Negotiations
(DBN)

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