November 7, 2018

The Daily Bankruptcy News

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Law:

Another Big Law Firm Goes Gender-Neutral, Boosts Paid Leave for New Parents
(DBN)

Elite Law School To Cut Faculty Due To Its ‘Challenging Financial Position’ Northwestern University law school cuts positions despite nearly reaching $250M fundraising goal
(DBN)

Notice of Appearance: Bob Burns, Partner at Bracewell
(DBN)

What Law Firms Need to Know to Prepare for the Next Recession
(DBN)

Ex-Winston Partner Defeats Arbitration Bid in Gender Bias Suit
(DBN)

Stormy Daniels blasts Trump's 'staggering' request for nearly $350,000 in legal fees
(DBN)

Holland & Hart is ‘changing and adapting’ amid lawyer losses, managing partner says
(DBN)

LSAT Maker Hit With $480K in Fees for Disability Violations
(DBN)

Low Bar Pass Rate at Texas Law School Spurs Investigation TX Southern U School of Law - July 2018 Pass Rate 44.52%, Down from 60% in 2017, 2016
(DBN)

A Legal Education Report Card
(DBN)

America’s Middle Class is Vanishing. Nearly Half of Workers Earn Less than $30,000
(DBN)

The Law School Professor Running For Congress
(DBN)

Farewell To The Best Of Attorney Bosses, A Rare And Wondrous Breed
(DBN)

A GC to Firms: It is NOT all Small Stuff
(DBN)

Law Students Lining Up To Help Americans Rock The Vote BigLaw hosts election hotlines while students and lawyers monitor polls
(DBN)

Hey, Maybe Don’t Call Your Client An ‘Idiot And A Terrible Criminal’
(DBN)

13 phrases professionals use to get people to trust them
(DBN)

9 reasons you should buy the iPhone XR instead of an iPhone XS or XS Max
(DBN)

Surefire Intelligence Offers Explanation That Won’t Do It Any Favors With The Feds
(DBN)

Can recording artists stop Trump from playing their music at rallies? Legal theories are untested
(DBN)

Lawyer censured for texting nonpaying client ‘have fun in prison’
(DBN)

U.S. Troops’ First Order at the Border: Laying Razor Wire
(DBN)

Harvey Weinstein's attorney seeks to dismiss entire criminal case, alleging police misconduct and withheld evidence
(DBN)

Pipe bomb suspect held without bail after first court appearance
(DBN)

Girl Scouts Sue Boys Scouts Over New Name
(DBN)

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Judges:

Tardy Judge Gets Reprimand
(DBN)

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Wall Street:

Dow poised for a triple-digit rally after Democrats win House, splitting Congress as expected
(DBN)

Stocks jump as America awaits the midterm election results Dow rises more than 170 points as Wall Street awaits midterm election results
(DBN)

Richest man in Florida sees stock market falling 15% if Democrats control Congress
(DBN)

This market feature has coincided with every stock-market bottom since 2016 — and it’s flashing now, analyst says
(DBN)

After midterm election, focus on the ‘healthy’ 30%-plus correction headed for stocks
(DBN)

The three big election scenarios, and the one that scares Wall Street the most
(DBN)

'Welcome to gridlock': Stock traders cheer, dollar investors jeer US midterm results
(DBN)

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Layoffs:

Defy Media Sends Notice It Will Shutter Beverly Hills Office, Lay Off Los Angeles-Based Employees
(DBN)

Nordstrom sends 181 termination notices to Providence Place workers
(DBN)

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Maritime:

Allegations of Fraud Surprise Activist Investors in Shipping Fuel Company Aegean Marine files for Chapter 11 bankruptcy protection Aegean Marine Petroleum Files for Chapter 11 Bankruptcy New Chapter 11 Bankruptcy Filing - Aegean Marine Petroleum Network Inc.
(DBN)

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Politics:

Live map: 2018 midterm elections results Full List of Midterm Seats That Flipped Midterm key takeaways: Trump's message flops, and Democrats set the stage for 2020 Democrats win back the House, giving the party a check on Trump Midterms 2018: Democrats take the House, GOP holds the Senate in a wild election night Ted Cruz Beats Beto O'Rourke How Beto Bet Wrong Beto O’Rourke’s National Celebrity Was His Undoing Where Does Beto Go Now? DeSantis Beats Gillum for Florida Governor The Voters' Shellacking of Kris Kobach Florida Restores Voting Rights to 1.5M Ex-Felons Iowa: Steve King Keeps House Seat Kemp Leads Abrams in Georgia Heitkamp Loses Senate Race in North Dakota The Florida Senate race between Nelson and Scott is too close to call and could head to a recount Jared Polis becomes first openly gay man to be elected governor in the US GOP Rep. Chris Collins, charged with insider trading, is projected to win re-election in New York Indicted GOP Rep. Duncan Hunter wins re-election after a bitter fight in California 29-year-old Alexandria Ocasio-Cortez makes history as the youngest woman ever elected to Congress A Nevada p--- who said he's just like Trump won a state election even though he died 3 weeks ago Fox News' Chris Wallace says you should hold off on 'giving too much credit to Donald Trump' for Senate seat wins America's Urban-Rural Divide Widens AP poll finds only group breaking for Republicans are Americans 65 or older What the Midterms Say About America's Divide Early Signs of a Youth Wave
(DBN)

The Democrats Are Back, and Ready to Take On Trump List of Trump Scandals Dems May Investigate Longtime Trump critic Jerry Nadler is poised to lead a House panel key to the impeachment process Trump takes a midterm victory lap even as he faces peril from a Democratic House
(DBN)

How Senate Republicans Will Use Their New Power
(DBN)

Striking Teachers Didn't Sway Voters' Hearts
(DBN)

Kemp Struggled to Vote in His Georgia Race Across US Long Lines Tested Voter Patience Why So Many Problems with Voting Machines? Oops, Forgot to Plug in the Voting Machines
(DBN)

Political ad spending hits new record
(DBN)

Trump, White House Prepare for Election Results
(DBN)

In photos: The U.S. lines up to vote
(DBN)

Most states, including Texas and Florida, now require showing ID to vote. Here's the full state-by-state breakdown.
(DBN)

MAGA no more? Kanye West donates to Democratic Chicago mayoral candidate just weeks after embracing President Trump
(DBN)

Trump says he’d prefer a ‘softer tone’ as president
(DBN)

'It disturbs me to my core': Fox News staffers express outrage over Hannity's rally appearance Fox Unhappy w/ Pirro, Hannity Campaigning
(DBN)

Midterm election voters disappointed by shortages of ‘I Voted’ stickers
(DBN)

Long Lines Test Voter Patience Across the Nation
(DBN)

Students across the U.S. plan walk-outs to vote in midterm elections
(DBN)

The fight to preserve democracy has come home to America: Joseph Stiglitz
(DBN)

Weekday elections set the U.S. apart from many other advanced democracies
(DBN)

Megyn Kelly Reportedly Wants $10 Million To Honor The Confidentiality Clause In Her Exit Contract
(DBN)

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Debt Collection:

"Overbiffing" is the latest outrage in debt collection
(DBN)

Class Suit Targets Efforts to Collect Long-Forgotten 'Zombie Debt'
(DBN)

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Economy:

Fed to remain stoic in face of market gyrations
(DBN)

Who pays what in federal taxes?
(DBN)

If Trump gets his midterm wish, interest rates could go even higher
(DBN)

Gary Cohn Slams Trump Tariffs Hank Paulson Warns on US-China Trade War Trudeau: OK NAFTA 2.0, Ignoring Tariffs China puts on a big show, but not everyone is buying its trade message Here's what the US election results mean for Trump's trade war with China
(DBN)

U.S. job openings fall from record high, but there are still more jobs available than unemployed Americans BLS: Job Openings decline to 7.0 Million in September
(DBN)

Everything you know about the Great Recession is wrong*
(DBN)

The GOP tax law was a political flop
(DBN)

Trump called Foxconn's Wisconsin factory an 'incredible investment'— but evidence is mounting that it's a terrible deal Report: Foxconn recruiting Chinese workers for Wisconsin plant
(DBN)

It’s not the economy, stupid: Midterm election voters want next Congress to check President Trump
(DBN)

Only in Leveraged Loans Is a 0.03% Loss Reason to Panic
(DBN)

Household Income Distribution In The U.S. Visualized As 100 Homes
(DBN)

Americans Believe the Country Is on the Right Track
(DBN)

After midterms, Trump's economic programs appear safe, but new tensions risk market volatility
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

Avoiding an Unrecorded Mortgage: Variations on a Theme
(DBN)

CoreLogic: House Prices up 5.6% Year-over-year in September
(DBN)

Mortgage applications drop to 4-year low as interest rates hit 8-year high  MBA: Mortgage Applications Decreased in Latest Weekly Survey
(DBN)

US senators join military families in the fight against landlords, citing hazardous conditions of on-base housing
(DBN)

Saddled with huge student loan debt, homebuyers sacrifice more to purchase a house
(DBN)

"Builders shrink home sizes"
(DBN)

El Paso: Bankruptcy judge to announce winning bids on Abraham-owned buildings Bankruptcy court auctions 11 William 'Billy' Abraham properties, 9 in Downtown El Paso
(DBN)

California voters reject measure that would have expanded local rent-control authority
(DBN)

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Municipalities:

Judge approves restructuring for Puerto Rico government bank Judge approves Puerto Rico consensual debt restructuring deal Puerto Rico Bank Gets Court Blessing to Restructure Debt Puerto Rico gets approval of 1st consensual debt restructuring deal
(DBN)

Voters to Decide on $76 Billion of Borrowing, Most Since 2006
(DBN)

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Oil/Gas:

New Chapter 11 Bankruptcy Filing - Petroquest Energy Inc.
(DBN)

Oil plunges to a 7-month low Oil Poised for Longest Losing Run Since 2014
(DBN)

Oil could touch $100 if supply crunch worsens, Citi's Morse says
(DBN)

Oil Prices Tumble As Iran Sanctions Set In
(DBN)

Dixie Electric Seeks Bankruptcy Protection
(DBN)

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Healthcare:

Operator of 14 long-term care hospitals files for bankruptcy Troubled skilled nursing, long-term care operator files for bankruptcy, saddled with $565M in debt
(DBN)

Three red states vote to expand Medicaid during an election where health care was the top issue
(DBN)

This is why access to health care means more than just covering pre-existing conditions
(DBN)

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Marijuana:

The marijuana ballot measures to watch in U.S. midterm elections
(DBN)

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Food/Beverage:

Private equity slashes a New England pizza staple
(DBN)

Taco Bueno Files for Bankruptcy Taco Bueno Reaches Agreement to Eliminate Debt and Strengthen Competitive Position New investor acquires Taco Bueno amid restructuring in bankruptcy court Taco Bueno files for Chapter 11 bankruptcy protection New Chapter 11 Bankruptcy Filing - Taco Bueno Restaurants, Inc. First Day Dec
(DBN)

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Software:

CloudMine, Philly medical-software maker, files for bankruptcy liquidation
(DBN)

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Radio:

Apple Wants Black Radio Listeners In Potential iHeartMedia Deal
(DBN)

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Advisers:

Notice of Appearance: Jonathan Tibus, Managing Director of Alvarez & Marsal LLC
(DBN)

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Hotels:

Amid bankruptcy, King's Daughters Inn owners put hotel up for sale
(DBN)

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Student Debt:

40% Of Borrowers May Default On Their Student Loans
(DBN)

Heading Into Retirement With Student Loans
(DBN)

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Pharma:

The potential $4 million drug
(DBN)

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Travel:

Delta passenger blasts airline after he sits in dog poop on plane
(DBN)

Boeing Issues Major Warning on 737 Max
(DBN)

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Movie Theaters:

500,000 Reasons for MoviePass to Worry
(DBN)

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Entertainment:

Raven Capital to Acquire Open Road for $87.5 Million After No Other Bidders Emerge in Bankruptcy Auction Open Road Bankruptcy: Auction Called Off; Raven Capital Set to Acquire 'Spotlight' Studio
(DBN)

Harvey Weinstein Accusers May Get Role Investigating Claims By Other Weinstein Accusers
(DBN)

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New Bankruptcy Opinions
(9 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (55 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (3 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:

Q4 starts with rise in bankruptcy filings
(DBN)

Commercial Chapter 11 Filings Jump 75% Y/Y in October
(DBN)

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Litigation:

Industries Turn Freedom of Information Requests on Their Critics
(DBN)

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Bankruptcy Rules:

Batch & Bingham attorney appointed to bankruptcy rules committee
(DBN)

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Mediation:

Was the Mediator Blind to Collusion During Mediation, Or Part of It?
(DBN)

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Miscellaneous:

Restructuring Data Insights 3Q18
(DBN)

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Banking:

Wall Street foe Maxine Waters is likely to take over the House panel that oversees big banks
(DBN)

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Retailing:

Eddie Lampert's Biggest Failure: Sears Holding Company Sears boss Eddie Lampert accused of possibly profiting from retailer's decline Sears Creditors Ask For Probe Of Lampert’s Transactions With Sears on the Ropes, Seritage Growth Properties Faces Short-Term Headwinds Report: Lampert negotiating to buy Sears stores Hanesbrands takes $14M charge related to Sears bankruptcy
(DBN)

Amazon Copies Sears, Publishes Holiday Toy Catalog
(DBN)

Good luck snagging closing-down discounts at Lowe’s stores
(DBN)

Breaking down Amazon's decision to split HQ2
(DBN)

David's Bridal prepares for possible Ch. 11 as creditor talks continue
(DBN)

Employment at Core Retail Stores Since 2017
(DBN)

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Autos:

Hurt Tesla Workers Use Lyft, Not Ambulance
(DBN)

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Marijuana:

Michigan voters say 'yes' to marijuana, legalize recreational cannabis
(DBN)

Legalized weed and universal healthcare just took a huge step forward in New York
(DBN)

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Tech:

Billionaire Marc Benioff celebrates after San Francisco votes for new tax that will take millions from big tech firms to solve the city's homelessness crisis
(DBN)

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Religion:

Guam's Catholic church to file for bankruptcy amid $115M in abuse lawsuits Archdiocese seeking bankruptcy reorganization Guam’s scandal-hit Catholic Church to file for bankruptcy as it seeks to settle dozens of abuse lawsuits Guam Catholic church to file bankruptcy amid abuse lawsuits Archdiocese of Agana to file for bankruptcy to settle clergy abuse claims
(DBN)

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UK:

Katie Price suffers another financial blow ahead of bankruptcy hearing Katie Price 'closing failing fashion brand' as she fights off bankruptcy
(DBN)

Office for Students warns universities facing bankruptcy ‘you are not too big to fail’ With some institutions at risk of bankruptcy, does the UK have too many universities?
(DBN)

Decision to automate Wonga pay-outs attracts criticism
(DBN)

HMRC owed £3bn in outstanding VAT - The value of outstanding VAT is at a five-year high
(DBN)

Home care provider Allied Healthcare 'at risk', says regulator
(DBN)

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PIIGS:

Italy gets a warning from the 14th century
(DBN)

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Canada:

Pemberton festival bankruptcy hits businesses hard
(DBN)

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China:

How Specialized Courts Changed Chinese Bankruptcy System
(DBN)

Trump's trade war isn't the only thing slowing China's economy
(DBN)

Sierra Leone only the latest African country to rethink a Chinese loan
(DBN)

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Venezuela:

Venezuela really wants its $550 million worth of gold back from the Bank of England
(DBN)

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India:

More changes in IBC Rules and Regulations Planned
(DBN)

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Germany:

Small Planet Germany is over and out
(DBN)

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Hong Kong:

Hong Kong Restructuring Week is here!
(DBN)

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Netherlands:

10 groups come forward to take over bankrupt Dutch hospitals
(DBN)

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Mozambique:

Lenders to Mozambique want similar restructuring deal to bondholders - spokesman
(DBN)

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