May 9, 2018

The Daily Bankruptcy News

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Law:

Biglaw Firm Accused Of Covering Up For Hacker
(DBN)

Malpractice Suit Takes Aim At 2 Biglaw Firms
(DBN)

Bressler Amery Fined For Pursuing Client's Discharged Debt
(DBN)

Pittsburgh: Matthew Brennan: Finding footing in bankruptcy law
(DBN)

Frugal Cleary Gottlieb secretary who invested in stocks leaves $8.2M to charities
(DBN)

Lingering Gender Pay Gap Plagues US In-House Counsel, Study Says
(DBN)

The Law Schools Where The Most Graduates Got Government & Public Interest Jobs (2017)
(DBN)

Older Attorneys Put in More Pro Bono Hours, Report Shows
(DBN)

In-House Counsel: Go Forth And Mingle
(DBN)

Law Revue Video Contest 2018: The Finalists!
(DBN)

It’s Not A ‘Perjury Trap’ Just Because You Plan To Commit Perjury
(DBN)

Trump Already Frustrated with Giuliani
(DBN)

Stormy Daniels' lawyer makes bombshell allegation that Russians reimbursed Trump lawyer Michael Cohen after $130,000 hush payment Trump attorney Cohen got about $500,000 from Russian oligarch, Stormy Daniels' lawyer claims Michael Avenatti trumps Trump: "More bombshells coming" Rudy Giuliani shreds Michael Avenatti's bombshell report on Russian reimbursements, calls him 'a pretty unsuccessful lawyer' We just learned that a Russian oligarch’s company sent $500,000 to Michael Cohen Michael Cohen is Not in a Good Place AT&T confirms it paid Trump lawyer Michael Cohen for 'insights' on administration Novartis paid Trump lawyer Michael Cohen Michael Cohen Mortgages Prized Condo in $9 Million Deal
(DBN)

Court Conspiracy Decision Could Hit Trump
(DBN)

White House sides with Justice Department in fight with Nunes
(DBN)

Comey Casts Doubt on Judge
(DBN)

Mueller rejects Trump request to answer questions in writing Can Mueller subpoena Trump? A look at the legal precedents Can Mueller subpoena Trump? A look at the legal precedents Guiliani wants parameters of Mueller interview with Trump set by May 17
(DBN)

With Schneiderman's Downfall, #MeToo Grips the Legal World Disgraced New York attorney general Eric Schneiderman to be replaced by State Solicitor Barbara Underwood Vance Blasts Cuomo For Pulling Him Off Schneiderman Investigation NY attorney general latest scalp in #MeToo reckoning The biggest #MeToo betrayal yet: why the Eric Schneiderman allegations are so chilling Polanski calls #MeToo movement 'mass hysteria'
(DBN)

Sally Yates Returns To Private Practice — Not Politics — After Being Fired By Trump Sally Yates To Lead Investigations Team at King & Spalding
(DBN)

Chimpanzees lose habeas bid in New York’s top court; a judge sees a ‘manifest injustice’
(DBN)

Arizona county can be held liable for discriminatory policing by ex-Sheriff Arpaio, court rules
(DBN)

Sessions says parents will likely be separated from children after crossing the border illegally DHS to Prosecute 100% of Immigration Cases Trump administration overruled U.S. embassy officials to end immigration program
(DBN)

Police Threaten To Euthanize K-9 Units If Pot Is Legalized
(DBN)

Priest sentenced to 10 years probation for seducing woman seeking spiritual help
(DBN)

Man jailed for beating mother with light saber
(DBN)

Woman Orders 'S-- Assault' On Man Who Owed Money
(DBN)

George Zimmerman Accused of Stalking Zimmerman Proves He Got Away w/ Murder
(DBN)

3 Black Women Use Airbnb: Then the Raid
(DBN)

Nordstrom Rack apologizes after calling the police on three black teens who were shopping for prom
(DBN)

Company sold $25,000 'service dogs' that were really just untrained puppies
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Judges:

Former Kentucky judge gets 20-year sentence for human trafficking
(DBN)

McConnell Bends Rules to Confirm a Judge
(DBN)

3 Things to Watch For at Potentially Contentious 9th Circuit Confirmation Hearing
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Wall Street:

Dow, S&P futures rev higher as Trump’s Iran move boosts oil US stocks set to rise at the open amid earnings; oil rallies after Iran deal fallout
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Stocks close little changed after Trump decides to pull US from Iran deal
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Hedge funds are beating the market for the first time in 10 years
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Autos:

Elon Musk just dished out millions of his own money as part of his war against Tesla haters
(DBN)

There Are More People Taking Out 96-Month Auto Loans Now
(DBN)

House Votes to Kill Automobile Lending Rules
(DBN)

Ford is scrambling to limit the impact of stopping F-Series production
(DBN)

Many Auto Dealers Routinely Deny Loaner Cars To Customers Waiting For Fix To Deadly Airbags
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Retailing:

Is There Hope for Toys R Us' Survival?
(DBN)

Pain From Toys ‘R’ Us Liquidation Spreads to Hain Celestial
(DBN)

Disgruntled Amazon customers are complaining that their packages keep arriving late, and it could be an ominous sign for Prime
(DBN)

Hudson's Bay seeking ways to turn around the slumping fortunes of its Lord & Taylor chain
(DBN)

American Apparel Rides Again In LA
(DBN)

Wharton's Barbara Kahn Gives Advice On How Retailers Can Win Back Customers
(DBN)

Lurking in the Lease: Unexamined Risks Could Worsen the "Retail Apocalypse"
(DBN)

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Politics:

Trump announces he will withdraw US from Iran nuclear deal Here's why it's a big deal for the US to leave the Iran nuclear pact Europe is scrambling to save the Iran deal after Trump withdraws the US Trump just pulled out of the Iran deal. Here’s what happens next. China has quietly been preparing to 'fill the vacuum' created by the US leaving the Iran deal Why Trump is right to pull out of the Iran nuclear deal FactChecking Trump on Leaving Iran Deal Will Trump’s Iran bet pay off? Obama slams Trump’s “misguided” decision to withdraw from the Iran nuclear deal A Courageous Trump Call on a Lousy Iran Deal World Reacts to US Leaving Iran Nuclear Deal "Going big": Inside Trump's great Iran gamble US Exit from Iran Deal to Cost Boeing $20Bn Killing the Iran Deal Was Only the First Step Oil hits $77 but carmaker shares fall after Trump quits Iran nuclear deal Iranian Nuclear Deal: The Facts
(DBN)

Pompeo in North Korea Arranging Summit
(DBN)

Trump’s Job Approval Best in a Year
(DBN)

Republican voters reject ex-convict candidate in West Virginia, and a self-styled GOP 'outsider' beats 2 congressmen in Indiana GOP leaders breathe sigh of relief as ex-convict Blankenship concedes West Virginia Senate primary Mitch McConnell gets the last laugh over Don Blankenship defeat Mike Pence's brother wins GOP nomination for Indiana congressional seat Primary Election Results: 4 Winners, 2 Losers Richard Ojeda’s West Virginia primary win gives Democrats their best chance to turn coal country blue
(DBN)

Aides Urge Trump to Fire Scott Pruitt
(DBN)

Russia-linked hackers had access to 'alter or delete voter registration data' in a small number of states before the 2016 election No Proof Russia Changed Voting Outcome
(DBN)

Richard Cordray used to lead the government’s top consumer watchdog. Now he’s trying to become governor of Ohio Richard Cordray beats Dennis Kucinich for Ohio Democratic governor nomination
(DBN)

Where can you live for $30 a day in D.C.? Welcome to one of Airbnb’s boarding houses.
(DBN)

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Gambling:

Lucky Dragon developers want to sell via bankruptcy court
(DBN)

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Student Debt:

Student Debt Just Hit $1.5 Trillion
(DBN)

More Older Americans are Taking on Student Loan Debt than Ever Before
(DBN)

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Pensions:

Treasury Approves Benefits Cuts for Fifth Pension Fund
(DBN)

Central States Pension Fund Could Be Insolvent by 2025
(DBN)

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Economy:

Jamie Dimon: Economy is ‘strong’ but odds for another recession are ‘100 percent’
(DBN)

Former Trump economic advisor Gary Cohn: I'm 'pretty excited' about the economy right now
(DBN)

U.S. job openings surged to reach a new record in March For the first time ever, there’s a job opening for every unemployed worker BLS: Job Openings Increased in March to New Series High The U.S. now has a record 6.6 million job openings
(DBN)

Small Business Optimism Index increased slightly in April, "Poor Sales" Near Record Low
(DBN)

What is full employment? An economist explains what a lot of people get wrong in the jobs report The Ratio Of Part-Time Employed
(DBN)

A (Conceivable) Wave Of Corporate Bankruptcies Could Kill The Job Market
(DBN)

Demand for US Treasury Auctions Lame
(DBN)

US consumer borrowing up $11.6 billion in March
(DBN)

Ex-Trump advisor Gary Cohn: We need to do 'tax cut 2.0' and make personal reductions permanent
(DBN)

Here’s what tax reform, so far, has meant for the stock market and the economy President Trump has vocally opposed companies that relocate overseas. But Congress could soon make it easier on them to import goods
(DBN)

Pelosi says she wants to increase taxes
(DBN)

Trump vowed to punish companies that moved jobs overseas, but Congress might be rewarding them
(DBN)

Trump is attempting to use an obscure tactic to cut $15 billion from programs — including children's health insurance
(DBN)

Here's how the next bond crash actually happens
(DBN)

The many ways Warren Buffett has made a massive, 5-decade bet on America
(DBN)

How Companies Use Math to Make The Gender Pay Gap Disappear
(DBN)

States With the Best GDP Growth
(DBN)

Experts: Americans Should Work Till 70
(DBN)

Pedestrian Deaths Soar 46%

Marx Got a Lot Wrong, Remember
(DBN)

Defining the middle class: Cash, credentials, or culture?
(DBN)

Americans’ Concerns About Retirement Persist
(DBN)

A Fix Everyone Loves to Hate for the $4 Trillion Retirement Savings Gap
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
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Real Estate:

Mortgage delinquency keeps falling, drops for 19th straight quarter
(DBN)

A brief respite for interest rates does nothing to spur mortgage applications MBA: Mortgage Applications Decrease Slightly in Latest Weekly Survey, Refi Index lowest since 2008
(DBN)

Four Years Ago: Housing Doom and Gloom
(DBN)

Update: Housing Inventory Tracking
(DBN)

Las Vegas Real Estate in April: Sales Up Slightly YoY, Inventory down 19%
(DBN)

Volcanic gases prompt door-to-door evacuation in Hawaii
(DBN)

Wall St. Concerned with Zillow House Flipping
(DBN)

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Municipalities:

What Does Puerto Rico Need to Rebuild? Lawyers
(DBN)

“For Many Sectors of Puerto Rico, It Feels Like the Hurricane Happened Yesterday”
(DBN)

Puerto Rico's Recovery Continues to Be Slow Due to Negligence and Poor Infrastructure
(DBN)

Middle Class, Poor to Pay for Teacher's Strikes
(DBN)

Watchdog group: Dozens of cities need municipal bankruptcy because of unfunded state mandates
(DBN)

Detroit exits bankruptcy , but conditions remain bleak
(DBN)

Every Illinoisan Owes $11,000 for Pensions With No Fix in Sight
(DBN)

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Oil/Gas:

OPEC Issues Warning on US Abandoning Iran Deal Why oil prices didn’t rally after Trump announced ‘powerful’ Iran sanctions
(DBN)

New Delaware Chapter 11 Filing – Nighthawk Energy PLC
(DBN)

The US just broke another oil record
(DBN)

The Refining Crisis in Shale
(DBN)

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Entertainment:

Weinstein Bankruptcy Sale Approved as Movie Industry Grouses Weinstein Co sale approved; funds for abuse claims unclear The Weinstein Co. Gets Court OK To Sell Itself To Lantern Capital Partners Weinstein Co. Ch. 11 Sale Gets Nod, Nets $260M In Cash
(DBN)

Hard knock life – rap superstars Jay Z and Eminem sue Weinstein Company
(DBN)

Quentin Tarantino Says He's Owed $4.5M In Royalties From The Weinstein Company
(DBN)

Bankruptcy Judge Grants Harvey Weinstein Access To Weinstein Company Emails
(DBN)

Weinstein Sues Chubb Seeking Legal Defense Coverage in 11 Harassment Suits
(DBN)

Delaware Judge To Decide Who Gets Weinstein Company's Film And TV Assets
(DBN)

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Television:

Dish Loses 94,000 Subscribers in 1Q
(DBN)

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Healthcare:

Healthcare Hazards Involving Medical Records During Bankruptcy
(DBN)

Unintended Consequences of Opioid War
(DBN)

Lamar Alexander gives up on bipartisan ACA stabilization
(DBN)

Maryland’s Obamacare insurers request 30 percent premium hike for 2019
(DBN)

Tulare hospital ends settlement talks with HCCA after lawmakers promise money
(DBN)

Nursing home workers struggling to keep Skyline HealthCare facility operating
(DBN)

Are Republicans really proposing to cut funding for poor kids’ health insurance?
(DBN)

Krugman: Gnawing Away at Health Care
(DBN)

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Food/Beverage:

Big Applebee’s franchisee with 163 stores files bankruptcy New Delaware Chapter 11 Filing – RMH Franchise Holdings, Inc.
(DBN)

Rivertorwne Brewing Files For Bankruptcy
(DBN)

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Biofuels:

Senators ask billionaire Carl Icahn for refinery waiver details Carl Icahn's refinery investment has rebounded by $1.4 billion, boosted by Trump energy policy
(DBN)

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Corporate Reform:

Trump Wants to Roll Back Child Labor Laws
(DBN)

Meet Mulvaney’s ‘politicos’: Six senior staff remaking the CFPB
(DBN)

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Guns:

Bank Of America Appears To Flip On Firearm Promise With Loan To Remington
(DBN)

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Newspapers:

Denver Post in Full-On Rebellion Against Its Hedge Fund Master
(DBN)

Billionaire stalls on $500M deal for LA Times, San Diego Union-Tribune
(DBN)

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Religion:

Montana diocese's abuse settlement to be decided in August
(DBN)

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Coal:

Murray Energy Opens Debt Talks With Bondholders
(DBN)

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New Bankruptcy Opinions
(10 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (9 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)

Chapter 11 Bankruptcy Case Studies
(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:

April 2018 Bankruptcy Statistics- Commercial Filings April 2018 Bankruptcy Statistics- State and District
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April Commercial Bankruptcy Filings 2008-18 April Total Bankruptcy Filings 2008-18
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Professional Compensation:

Chicago Begins To Rethink How Bankruptcy Lawyers Get Paid
(DBN)

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Private Equity:

Navigating Choppy Waters in a Complex Restructuring
(DBN)

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Sales:

Interests and Good Faith Under Section 363 – A New Decision Explores the Limits of Both
(DBN)

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Setoff:

Setoff: When Is a Deficiency an Insufficiency?
(DBN)

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Mediation:

Let’s Add a Mandatory Element to Mediation Programs: A Small Claims Illustration
(DBN)

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Litigation:

Federal Judge Orders Litigation Funding Disclosure to the Court, Rather than to Opposing Parties
(DBN)

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Currency:

The world will have a global cryptocurrency, but it won't be bitcoin, says ex-Goldman president Gary Cohn
(DBN)

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Insurance:

Court Approves Patriot National Bankruptcy, Reorganization
(DBN)

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Travel:

United Airlines is reducing food and alcohol options — most noticeably in premium seats
(DBN)

This is how to survive a plane going down, according to a pilot
(DBN)

A man who has been trapped in an airport for two months explains how he survives day-to-day
(DBN)

Why these common travel savings tricks can cost you
(DBN)

'Flight from hell' evacuated after smoke in cabin forces passengers onto wing
(DBN)

Family who owns Discovery Tours paid themselves back before filing for bankruptcy
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Personal Finance:

3 common interview traps to avoid at all costs
(DBN)

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Tech:

Cambridge Analytica Won't Be Revived Under New Company Name
(DBN)

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Construction:

Former MGT Construction employees to face questions, turn over documents in bankruptcy case
(DBN)

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Electricity:

Trump Wants to Privatize the Power Grid
(DBN)

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Climate:

Coldest April in 20 Years Across the US
(DBN)

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Sovereigns:

A New Way to Impose Financial Sanctions on Dictators
(DBN)

Argentines in shock as the government returns to the IMF for an emergency $30 billion loan Argentina looks be headed for another economic storm Argentina seeks IMF financing to stabilize economy Will Argentina’s Nightmare Spread? Argentina seeks IMF loan to rescue peso from downward slide Argentina Looks To IMF For $30B Credit Line Amid Run On Currency
(DBN)

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UK:

Supermarket wars or sweep?
(DBN)

From bankruptcy to vibrant and thriving modern racecourse
(DBN)

UK retailers pushed into taking extreme measures
(DBN)

Brits have suddenly stopped shopping — and it's a worrying omen for the economy
(DBN)

The UK's 'credit impulse' just went sharply negative: That's how much trouble the economy is in
(DBN)

Business confidence at two-year high
(DBN)

The House of Lords voted for Theresa May to negotiate a Norway-style Brexit — here's what that means
(DBN)

Mel B and ex-husband Stephen Belafonte slapped with huge £185,000 unpaid US tax bill
(DBN)

Boozing, bankruptcy, bust-ups, s-- trial and now Michael Le Vell’s Coronation Street future is in doubt
(DBN)

Depraved paedo declared himself bankrupt to avoid paying £400k compo to traumatized victim
(DBN)

London cabbies scrambling for alternative insurance after provider Alpha goes bust
(DBN)

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MENA:

Trump announces he's withdrawing from the Iran nuclear deal Israel reportedly launches airstrikes in Syria immediately after Trump withdraws from Iran deal Iranian politicians set the US flag on fire and chanted 'death to America' after Trump pulled out of the Iran deal Iran's parliament speaker says Trump 'does not have the mental capacity' to do his job Iran's leader: Trump 'cannot do a damn thing'
(DBN)

A 'Trump roundabout' will open alongside the new US Embassy in Jerusalem
(DBN)

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India:

United Seamless moves Insolvency Board alleging malpractice by resolution professional
(DBN)

World Bank arm seeks independent investigation into Educomp bankruptcy
(DBN)

Tata Steel facing trouble in Bhushan Steel takeover
(DBN)

Finance ministry considers shore-up certificates to ease bad loan burden of lenders
(DBN)

India's stressed, debt-laden banks getting cheap overseas loans now
(DBN)

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Switzerland:

Switzerland is about to vote on whether to send its financial system back to the Dark Ages in a referendum to ban banks from creating money
(DBN)

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Australia:

Godfreys at risk of default, reaches for lifeline from 99-year old co-founder
(DBN)

Farm Debt Mediation Amendment Bill 2018 (NSW): What do the changes mean for you?
(DBN)

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South Korea:

S.Korea says GM deal to ensure it remains in country for at least 10 years S.Korea finmin says GM agrees to limit right to sell shares in S.Korean business
(DBN)

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