Daily Bankruptcy News
March 8, 2018


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Law:

Associate Bonus Watch: Biglaw Firm Retroactively Changes Bonus Rules — Associates Left With 50 To 80 Percent Of Expected Bonus
(DBN)

Outdated Partner Comp Plans Are an Obstacle to Growth
(DBN)

Mayer Brown Partner Resigns Amid Misconduct Allegations #TimesUp For This Biglaw Partner Who Got A New Gig After Being Quietly Pushed Out Of His Old Firm
(DBN)

Lawyer Who Stole Whistle-Blower Suits Gets 30 Months in Prison
(DBN)

Women lawyers in legal tech careers say: Don’t feel you must go it alone
(DBN)

Helping women lawyers become top leaders
(DBN)

What Is Going On In The Women’s Restroom At The Barrister’s Ball?
(DBN)

The Old Man And The New York Bar Exam (Part II)
(DBN)

It’s Much Harder To Take Law School Finals After Being Hit By A Car
(DBN)

Alston & Bird Adds Five-Lawyer Distressed Debt Finance Team in New York
(DBN)

DLA Piper Loses Another Leader as Poulos Prepares to Join McDermott
(DBN)

Revenue, Income Improve at Haynes and Boone in 2017
(DBN)

There Are Now More Women In Law School Than Ever Before
(DBN)

We Need #HerToo For the Women Left Behind, Reed Smith Lawyer Says
(DBN)

‘Sexism Is a Hard Thing to Bring Up’
(DBN)

After Five Years of Leaning In, Everything and Nothing Has Changed
(DBN)

On Bonding With Clients
(DBN)

The Reason Why Litigious Law Professors Lose Their Cases In Court
(DBN)

Law firms need to understand their ‘threatscape’ and be vigilant about cybersecurity
(DBN)

Professor Chandler Appointed to Bankruptcy Bench and Bar Committee
(DBN)

5 Reasons Why Facebook Is My Desert Island Social Media Tool For Lawyers
(DBN)

Humans Wanted: Big Law Needs People to Make AI Work
(DBN)

Mark Cuban denies 2011 assault allegation as disturbing new details emerge
(DBN)

Sessions attacks "radical" California's sanctuary cities Governor Declares 'War' on Trump Admin; Says Jeff Sessions 'More Like Fox News Than a Law Enforcement Officer'
(DBN)

Ex-deputy rams truck into store and robs it after mistaking Sikh owners for Muslims
(DBN)

Blocked by Trump on Twitter – now crusaders take their case to court A judge may soon decide whether Trump must unblock people on Twitter
(DBN)

Why Doesn’t Paul Manafort Cut A Deal? Hope Hicks reportedly told House Intelligence Committee that her email was hacked Mueller Russia Probe Just Got Weirder Mueller gathers evidence that 2017 Seychelles meeting was effort to establish back channel to Kremlin Democrats say Trump associate may have misled House panel over Seychelles meeting Mueller adds another piece of evidence to a growing obstruction case against Trump Is the Price of Darkness in Mueller's Sights? Trump spoke to special counsel witnesses about the Russia probe after their interviews: Report
(DBN)

Stormy Daniels' lawsuit against Trump reveals new details Could be photos and texts Lawyer for Stormy Daniels: She had s-- with Trump, is prepared to return 'hush money' Stormy Daniels sues Trump, says hush agreement is null because he didn’t sign it Michael Cohen Could Lose His Law License if He Forced Stormy Daniels to Sign False Statement Trump lawyer got arbitration order last week to silence Stormy No, Mr. Trump, You Didn't 'Win' An Arbitration Against Stormy Daniels White House takes questions
(DBN)

Wells Fargo Is the Go-To Bank for Gunmakers and the NRA
(DBN)

A Yale student accused of r--- and suspended from the school was found not guilty by a court
(DBN)

Immigration officials will keep processing DACA renewals because of court injunctions Trump FactCheck: "Democrats are nowhere to be found on DACA." DACA Termination OK’d by Judge, Setting Up Court Battle
(DBN)

Parkland shooter Nikolas Cruz is indicted on 17 counts of murder, faces possible death penalty ABA urges steps ‘to curb the scourge of gun violence’ The state of play 22 days after Parkland Florida House passes new gun restrictions against NRA wishes FL: Bill Passes Allowing Teachers to be Armed Trump’s meeting with the video game industry to talk gun violence could get ugly Want Gun Control Laws? Forget Congress Veterans Running as Democrats Challenge GOP on Gun Control
(DBN)

Report: NYPD Ready To Arrest Weinstein
(DBN)

The Opioid Crisis Has Led to a Spike in the White Incarceration Rate
(DBN)

People Are Stealing Tubas—No One Knows Why
(DBN)

Man Drives Stolen Car to Court -- To Face Stolen Car Charge
(DBN)

LV: Former bankruptcy attorney violated terms of supervised release
(DBN)

OJ 'Confession' Set To Air On Fox; Murder 'Idol'
(DBN)

‘Exterminate All Jews’: Man Put Hit on Girl Who He Allegedly Molested, Deputies Say
(DBN)

Cops: Crime Spree Prompted By Zombie Fears
(DBN)

‘I Need to Have My Life Back’: Federal Corruption Jurors Learn Jury Duty is No Picnic
(DBN)

Top corporate law firm subject of social media storm after legal letter to football club surfaces online
(DBN)

64-year-old woman arrested after neighbor says she filled door locks with superglue, vandalized home
(DBN)

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Judges:

BK VT/Rutland Closed On 3/8 For Weather
(DBN)

Judge Reinstated After Charges Of Harboring Beau Tossed
(DBN)

Judge can’t use electric shocks ‘to enforce decorum,’ Texas appeals court rules Judge Gave Electric Shocks to Defendant in His Court
(DBN)

Controversial judge is sued for identifying domestic violence victim at campaign event
(DBN)

Report: Trump's Judicial Nominees Have Most 'No' Votes So Far
(DBN)

Federal judicial picks have become more contentious, and Trump’s are no exception
(DBN)

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Wall Street:

US stocks set for a mixed open as investors wait for more news on tariffs Nasdaq set sights on 5th win in a row, as spotlight stays on tariffs
(DBN)

European stocks rise for 4th day in a row as ECB steals focus from U.S. tariffs Asian stocks bounce back, though worries remain post-Cohn
(DBN)

Stocks slide after Gary Cohn resigns; Dow drops 200 points Stocks storm back after Trump softens tariff talk following Gary Cohn's White House exit
(DBN)

Cashin: Markets may 'destabilize' if another top Trump advisor besides Cohn leaves
(DBN)

Why Isn’t Wall Street Freaking Out About Trump?
(DBN)

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Layoffs:

Gibson Guitar Planning a 12-15% Workforce Reduction as Bankruptcy Nears
(DBN)

Snap is laying off about 100 engineers
(DBN)

Rolls-Royce Doubles Down on Job Cuts Amid Rising Profits
(DBN)

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Festivals:

The founder of the doomed Fyre Festival could spend years in prison after pleading guilty to defrauding investors out of millions of dollars
(DBN)

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Politics:

Trump tweets: There are people in the White House 'that I want to change' Trump's White House is setting records — in turnover of high-level staff Cohn's departure is the toughest economic and political test yet for Trump
(DBN)

Trump Can't Even Beat an Unnamed Democratic Candidate in 2020 Election Poll
(DBN)

Trump's tariff plan blows up party divisions in critical Pennsylvania special election 107 House Republicans send letter to Trump asking him not to do his tariff plan Trump's power play on tariffs cuts out Congress — but lawmakers could stop it if they wanted to
(DBN)

What swamp? Lobbyists get ethics waivers to work for Trump What We Found in Trump’s Drained Swamp: Hundreds of Ex-Lobbyists and D.C. Insiders Tracking White House Staffers, Cabinet Members and Political Appointees Across the Government
(DBN)

Trump complicit with Scaramucci attacks on Kelly
(DBN)

Experts say Trump should fire Kellyanne Conway over ethics violations
(DBN)

Donald Trump Gained More Money Under Obama Than Any Other Presidency
(DBN)

Mexican leaders are not optimistic about Jared Kushner's diplomatic visit: 'He is very weakened and he is going to get weaker'
(DBN)

Exclusive polls: Big warning signs for Senate Democrats
(DBN)

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Economy:

'Red-hot' jobs market adds another 235,000 positions in February: ADP/Moody's Fed's Beige Book: "Modest to moderate" expansion, "worker shortages across most sectors" ADP: Private Employment increased 235,000 in February
(DBN)

Fed reports a pickup in wage growth
(DBN)

Fed GDPNow Latest forecast: 2.8 percent
(DBN)

Majority in U.S. Satisfied With Opportunity to Get Ahead
(DBN)

A U.S. jobless forecast of 2.5%
(DBN)

US job market remains tight, inflation seen as moderate
(DBN)

Trade Deficit at $56.6 Billion in January
(DBN)

The Trump administration is pulling the economy in 2 directions and creating problems for the Fed
(DBN)

'The Globalists just lost their President': Gary Cohn's resignation leaves a massive void that could push Trump toward the fringe 'Wall Street just lost its security blanket' — Here's what experts are saying about Gary Cohn's exit from the White House Wall Street prepares for ugly sell-off after Cohn’s resignation. It’s about more than trade. Trump Bids Good-bye to Gary Cohn — and Empirical Reality Wall Street should be afraid of what Trump does next after Cohn's departure Dick Bove: Loss of Cohn's expertise in White House could result in bad trade deals and higher inflation Donald Trump Proves Immune To Gary Cohn’s Mesmeric Grundle Goldman Partner: Navarro Not That Bright Navarro's Death by China Thesis Winning Cohn Is Out, and the Verdict Is In: The Nationalists Are Back Gary Cohn’s Breaking Point What Should Gary Cohn Do Next? These Business Leaders Have Some Ideas What's at Stake as Trump Replaces Gary Cohn
(DBN)

Why Trump's tariffs could be the most damaging for America since Nixon's, according to Goldman Sachs' top economist Carl Icahn denies knowing about steel tariffs before stock Energy Secretary: scope of steel tariffs an "ongoing conversation"sale Conservatives Have Only Themselves to Blame for Trump's Tariffs Trump's Steel Tariffs May Cost $9 Billion, Analysis Says Trump's tariffs opening loopholes in WTO rules The US-China trade deficit rose $28 billion last year. Trump is asking for a $1 billion cut The scale of the U.S.-China trade deficit Wall Street is starting to realize these tariffs are just the start of a bigger trade conflict Scaramucci: Markets are overreacting to 'shock' of tariffs White House chaos could turn into economic mayhem as Trump sides with protectionists The White House just hinted 2 of America's biggest allies could be spared from Trump's massive new tariffs How Trump’s steel and aluminum tariffs could affect state economies U.S. Steel Restarting Plant Operations Amid Tariff Plans A tariff 'destroys more jobs than it creates,' says former Obama economic advisor Trade wars 'harm the initiator': China's foreign minister just fired a warning shot at the US over Trump's tariffs China promises ‘justified and necessary response’ if trade war breaks out The world is waiting for Trump's trade war Commerce Secretary Wilbur Ross: 'We're not trying to blow up the world' with tariffs Exxon CEO: Trump tariffs move us 'in the opposite direction' from tax cut and deregulation benefits Trump is expected to announce tariff plan details Thursday or Friday These U.S. Businesses Are Most at Risk From a Trade War With China
(DBN)

Trump's steel tariffs are nothing compared to the looming war over intellectual property theft with China
(DBN)

China's exports surge despite trade tensions
(DBN)

Eleven nations — but not US — to sign Trans-Pacific trade deal
(DBN)

US may lose up to 150,000 jobs from trade tension: Economist
(DBN)

Mexico Auto Production, Exports Surging Rick Perry says relationship with Canada and Mexico could become 'uncomfortable'
(DBN)

Study: 80% of women would leave a company for one that offered better gender equality
(DBN)

Striking maps reveal the huge wealth gap between American cities and the rest of the country
(DBN)

Is Big Business Really That Bad?
(DBN)

Support for Tax Overhaul Rising, but Law Remains Unpopular
(DBN)

Men are getting the credit for women's work through something called 'hepeating' — here's what it means
(DBN)

How States Are Responding to the GOP Tax Overhaul
(DBN)

Rise And Fall Of The ‘Zombies’
(DBN)

Facebook Co-Owner Wants Basic Income For All Americans
(DBN)

US Chamber of Commerce: Raise the Gas Tax! Paul Ryan to US Chamber of Commerce: No!! Congress to Put Up Tax Per Mile Driven
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

Mortgage applications stall, along with interest rates
(DBN)

Leading Index for Commercial Real Estate Increases Slightly in February
(DBN)

Las Vegas Real Estate in February: Sales Down 4% YoY, Inventory down 31%
(DBN)

My 10-Year Odyssey Through America’s Housing Crisis
(DBN)

'White Flight' Persists in America's Suburbs
(DBN)

New front in MBS litigation: Pension funds claim Ocwen breached ERISA duty
(DBN)

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Municipalities:

Five Puerto Rican families who evacuated to Philly after Hurricane Maria to get 'special' housing
(DBN)

Puerto Rico recovers as reform talks grind on
(DBN)

Dudley Says Puerto Rico Shouldn't Be Seduced by Economic Bounce
(DBN)

Gov't loan for Puerto Rico's PREPA could last into May: lawyer
(DBN)

MI: City of Hamtramck out of debt, out of receivership
(DBN)

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Oil/Gas:

Oil Bosses Take Different Sides of Shale Boom-and-Bust Outlook
(DBN)

Shell CEO drives an electric car — and just bought another one
(DBN)

GM increasing Chevy Bolt production in a step toward all-electric future: CEO Mary Barra
(DBN)

Regulator wants to hold oil companies accountable for spills
(DBN)

Oil prices under pressure from rising US inventories, output
(DBN)

Schlumberger Rebounds After Firing 70,000
(DBN)

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Coal:

Trump’s Energy Department pursuing small coal power plants
(DBN)

As Coal Use Wanes, U.S. Miners Depend on Foreign Buyers, Steel
(DBN)

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Student Debt:

What Bosses Need To Know About Student Loans
(DBN)

Why America’s student debt is a women’s issue
(DBN)

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Corporate Governance:

A neuroscientist says the female brain is the boardroom's largest untapped resource
(DBN)

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Distressed Investing:

A Mutual Fund Whale Makes Big Bets on Junk Bonds—Using ETFs
(DBN)

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Tech:

Supposed financial technology firm SixCap is getting liquidated
(DBN)

Amazon says it's aware that some Echo devices are creepily laughing at people and it's working on a fix Amazon has made changes to stop Alexa from randomly laughing at users
(DBN)

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Paper Products:

Bankrupt Cenveo gets court OK for financing
(DBN)

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Conference Organizers:

Scaling New Heights Group Files for Bankruptcy Protection
(DBN)

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Entertainment:

Here’s what Weinstein Co. bankruptcy will mean for Harvey Weinstein’s alleged victims
(DBN)

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Newspapers:

Gazette-Mail will go to auction on Thursday Another bidder emerges for West Virginia newspaper
(DBN)

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Currency:

Bitcoin just tanked below $10,000 after SEC says crypto exchanges must register with agency
(DBN)

Bitcoin traders are angry that Mt Gox's crypto stash is being 'dumped' on the market
(DBN)

The major currencies that are undervalued and overvalued right now, in one chart
(DBN)

Hacked Mt. Gox Funds Linked To UK ‘Shell’ Company As Creditors Await $400mln
(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 (105 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (13 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:

Just the Facts: Consumer Bankruptcy Filings, 2006-2017
(DBN)

BK WD NY: Feb. Filing Statistics
(DBN)

Why Does Bankruptcy Fail so Many Americans?
(DBN)

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Venue:

You want to file a bankruptcy case where?????
(DBN)

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Executory Contracts:

Delaware Bankruptcy Court Rejects “Implied Assumption” of Executory Contracts As Part of Asset Sale
(DBN)

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Insiders:

Supreme Court Ruling on Insider Status for Cram-Down Plan Threatens Lender Protections in Real Estate Financing Structures
(DBN)

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TBTF:

Is Too-Big-to-Fail Over? Markets Don't Buy It, NY Fed Study Says
(DBN)

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Bankruptcy Reform:

Subcommittee Conducts Hearings On Small Business Bankruptcy: Assessing the System - Video Testimony - Robert J. Keach Professor Edward Janger Craig Goldblatt
(DBN)

Bankruptcy code needs an update, experts tell subcommittee
(DBN)

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Automatic Stay:

Bankruptcy Code 362(k) and Imposition of Damages for Willful Violations of the Automatic Stay
(DBN)

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Safe Harbors:

Not So Safe: The Supreme Court Clarifies the Scope of the Bankruptcy Code’s Section 546(e) Safe Harbor Provision
(DBN)

Supreme Court Limits Safe Harbor; May Increase Challenges to LBOs in Chapter 11
(DBN)

Supreme Court Adopts Restrictive Minority View of Section 546(e) Safe Harbor Regarding Certain Securities Payments
(DBN)

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Healthcare:

Texas nursing home chain Orianna files for bankruptcy
(DBN)

Omega Announces Restructuring Plan for Orianna Facilities
(DBN)

Tennessee-based nursing home chain Orianna files for bankruptcy
(DBN)

Wyoming hospital resolves 20 malpractice suits that pushed it into bankruptcy
(DBN)

Go Ye still awaiting OK on bankruptcy plan
(DBN)

Senior Housing Sector Suffering Effects from Recent Supply Glut
(DBN)

Push to expand short-term health plans gains steam in Congress
(DBN)

New GOP push: bill that would split individual market
(DBN)

Canadian Doctors Demand Lower Salaries
(DBN)

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Weather:

Airlines cancel more than 2,200 flights as winter storm hits northeast Rare thundersnow is hitting New York — here's what that is and why it happens
(DBN)

NASA Warns Permafrost Could Thaw
(DBN)

Federal court will hold first-ever hearing on climate change science
(DBN)

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Personal Finance:

The perfect thank-you email to send after a job interview
(DBN)

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Radio:

iHeartMedia Sets on Edge of Reorganization
(DBN)

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UK:

The EU rejects Theresa May’s “pick ’n’ mix” Brexit plan
(DBN)

Top US firms among adviser line-up as New Look confirms plans to close stores and cut jobs
(DBN)

HMRC warns tax dodgers of higher penalties
(DBN)

Professional services “taking advantage” of gender pay loophole
(DBN)

New Look rescue deal puts 980 jobs at risk New Look is proposing to close 60 stores nationwide
(DBN)

Carillion: 'Enhanced liquidation' could have salvaged creditor cash
(DBN)

Brexit risks delaying cancer treatment and putting 'patients at risk'
(DBN)

One in ten councils faces going bust over the soaring cost of elderly care
(DBN)

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EU:

European Central Bank expected to tread carefully amid mounting global insecurities
(DBN)

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Canada:

Ontario Superior Court Lifts Stay to Allow Foreign Litigation to Proceed
(DBN)

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India:

Govt approves relief package for debt-ridden telecom sector
(DBN)

Tata steel identified as highest bidder for Bhushan Steel
(DBN)

Landmark judgment: Guarantors’ assets cannot be liquidated under IBC
(DBN)

Bankruptcy Board invites public comments on issuing regulations
(DBN)

Stressed power generations firms face tough insolvency journey in court
(DBN)

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Hong Kong:

Release clause in Noble's reorg plan sparks concern
(DBN)

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Venezuela:

A Big Venezuelan Creditor Says the Windfall Is Coming for Those Who Can Wait
(DBN)

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Croatia:

“Preserving Agrokor Is Only Way for Creditors to Collect Claims”
(DBN)

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MENA:

Forbes will exclude all Saudi tycoons from annual richest people list after corruption crackdown
(DBN)

A Reform in Israel’s Insolvency Laws
(DBN)

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Tanzania:

Tanzania: New Plan to Harmonize Bankruptcy Laws
(DBN)

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Australia:

Tax whack turns the solvent to insolvent!
(DBN)

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