October 29, 2018

The Daily Bankruptcy News

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Law:

Justice O'Connor Diagnosis Highlights 'Inevitability' of Dementia Among Lawyers
(DBN)

Foley & Lardner Hit With Cybersecurity Incident • Foley & Lardner Faced Cyber Event, But Says Data Is Safe
(DBN)

The Immense Power Kirkland’s Chairman Wields Is A Real Problem For Partners At Other Firms
(DBN)

Baker McKenzie Keeps Calm, Carries On at DC Leadership Retreat
(DBN)

Allen & Overy, O'Melveny Partners Meet as Merger Moves Closer
(DBN)

Bomb Targeting Holder Was Addressed to DC Law Firm Office
(DBN)

Friends Of Law Student Accused Of Making Anti-Semitic Remarks Employ Kavanaugh Defense
(DBN)

Data Snapshot: Is Big Law More Inclusive of LGBT Attorneys?
(DBN)

Will an Ex-Big Law Associate Bring Legal Tech to Its Tipping Point?
(DBN)

Arizona Summit submits another teach-out plan to ABA
(DBN)

The State With The Most Law School 1Ls
(DBN)

Answer This Question To Know If You Should Remain A Practicing Attorney
(DBN)

Cosby: Schnader Billed Six-Figure Fees for 'Unnecessary' Work
(DBN)

Papadopoulos Threatens to Quit Plea Deal • Meadows: Papadopoulos’ House interview shows weakness of Mueller’s probe • Trump lawyer: Manafort said nothing damaging in Mueller interviews
(DBN)

Judge Limits Discovery in Defamation Lawsuit Against Trump, Holding Info on Other Female Accusers Off Limits
(DBN)

The Vast Majority Of Asylum Applicants From The Last Migrant Caravan Were Allowed Into The United States • Mexico Offers Plan to Keep Migrants There • The Stark Geography of U.S. Immigration Raids • Trump’s Caravan Hysteria Led to This • Migrant caravan members reject offer to stay in Mexico • This map shows how far the migrant caravan is from the U.S. border • U.S. Border Patrol stretched thin as caravan heads north, chief says • Mattis: Military already moving equipment to southern border • Nielsen: This Caravan Ain't Gettin' In
(DBN)

U.S. citizenship application process wait time reaches two years
(DBN)

11 Dead, Several Others Shot At Pittsburgh Synagogue • US synagogue suffers 20 minutes of terror • Screw your optics, I'm going in" • Here's exactly how the Pittsburgh synagogue shooting unfolded • Thousands flock to vigil for Pittsburgh synagogue shooting • The Worst of Our Country—And the Best • Bomb suspect was cash-strapped ex-s------- devoted to Trump • Sayoc’s 2012 Bankruptcy: Lived With Mother, Had No Possessions & Made $900 a Month • The Synagogue Killings Mark a Surge of Anti-Semitism • Pittsburgh synagogue attack worst on worshiping Jews in U.S. history, archivist says • Pittsburgh synagogue shooting likely deadliest attack on Jews in U.S. history • Before Pittsburgh shooting, worst attack on a US synagogue was in Gadsden in 1960: Scholar • A Broken Jewish Community • At least 10 people are dead after a gunman opened fire at a Pittsburgh synagogue while shouting anti-Semitic slurs • Here's how you can help the victims of the Pittsburgh synagogue shooting • Pittsburgh Community Unites in the Wake of Tree of Life Synagogue Shooting • Jewish Leaders to Trump: Denounce White Nationalism or Don't Come to Pittsburgh • DHS Secretary Nielsen calls Pittsburgh shooting "pure act of evil" • Mattis: Pittsburgh shooter "poorest excuse for a man" • Robert Bowers, alleged Pittsburgh synagogue gunman, left trail of chilling, anti-Semitic social media posts • Who Is Robert Bowers? What We Know About The Pittsburgh Synagogue Shooting Suspect • Shooting at Pittsburgh synagogue widely condemned, deemed 'unconscionable' • Pittsburgh synagogue attack came during baby-naming ceremony; suspect made neo-Nazi posts on social media • What is Gab? Suspected synagogue shooter’s anti-semitic posts surface online • The suspected Pittsburgh shooter allegedly had a following on a social network that’s trying to be the far-right’s alternative to Twitter — here’s everything we know about the site • Synagogue Shooting Suspect Robert Bowers Appears to be Anti-Semite Who Hates Trump • Robert Bowers: anti-Semite, anti-migrant and gun fanatic • Trump calls for death penalty after synagogue shooting; leaders' react to tragedy with sorrow, anger and frustration • After Pittsburgh, All Eyes Are on Trump Once More • Trump Jokes About Bad Hair Day After Mass Shooting • The president calls for harmony, then attacks. He demands honesty, then lies. He insists on an end to personal attacks, then insults his opponents • President Trump Says 'Results Would Have Been Far Better' If Pittsburgh Synagogue Had Armed Guard • Trump: Gun laws have 'little to do' with Pittsburgh synagogue shooting • Trump says Pittsburgh synagogue attack lays bare ‘hate’ in U.S. • Netanyahu "heartbroken and appalled" by Pittsburgh synagogue shooting • At least 10 people were killed in a Pittsburgh synagogue shooting Saturday morning. Must this nation worship only behind bars and guards? • Muslim groups raise over $50,000 for victims of Pittsburgh synagogue shooting • Harrowing tales emerge from synagogue; suspect due in court
(DBN)

Gab Loses Its Internet Host Provider • Gab: Where Extremists Go to Vent and Rage • Gab.com founder defiant after Pittsburgh synagogue slayings • How Gab became a white supremacist sanctuary before it was linked to the Pittsburgh suspect
(DBN)

DOJ argues that law doesn’t protect transgender workers, opposing the EEOC
(DBN)

California white supremacist surrenders to FBI
(DBN)

Weinstein Co. Looks To Nix Producer's $10M Sex Assault Suit • Harvey Weinstein Case May be Crumbling • Weinstein D.A. Says He Has Some Tricks Up His Sleve • After Time's Up and #MeToo, women in entertainment still see gender issues that men don't • Let's Stop Rewarding Harassers
(DBN)

The #MeToo Backlash Is Building
(DBN)

3 Tips To Avoid Legal Horror At Office Halloween Parties
(DBN)

Court: Teen’s driving killed someone, but he can’t be forced to give up passcode
(DBN)

Former partner sentenced to five years in prison for scheme to bribe Alabama lawmaker
(DBN)

Ex-Law Student Pleads Guilty To Terrorizing Admissions Interviewer After Rejection From T14 Law School
(DBN)

America’s Weaponized Attorneys General
(DBN)

Sessions Allies Hope for a Graceful Exit
(DBN)

Stranger Things, Indeed
(DBN)

'Six people shot' at LA nightclub during 'First Purge' Halloween party
(DBN)

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Judges:

Roberts Will Have Hand on Throttle as Supreme Court Veers Right
(DBN)

Newt Gingrich: What the Kavanaugh fight was really about?
(DBN)

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Wall Street:

Stocks are staging a comeback despite lingering concerns over earnings and global growth • Dow set to jump 200 points at the open as Wall Street tries to come back from last week's losses
(DBN)

China stocks tumble 2%, rest of Asia struggles to hold gains
(DBN)

Heavy selling marks end to wild week for stocks • A bumpy ride to the end, stock market closes the week nearly in correction territory`
(DBN)

Could the falling stock market wreck the economy?
(DBN)

The key reasons behind the stock market’s ugly October fall
(DBN)

Will the Sinking Stock Market Hurt Republicans in the Midterms?
(DBN)

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Layoffs:

Keurig Dr. Pepper laying off 500
(DBN)

Sam's Club is ditching cashiers at a new store in Texas
(DBN)

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Politics:

Trump claims media used pipe bomb campaign to score 'political points' • Mail Bombs Rocked America a Century Ago • Sayoc’s 2012 Bankruptcy: Lived With Mother, Had No Possessions & Made $900 a Month • Trump questions 'this bomb stuff' and complains of harm to midterm chances • Blames "Bombs" for Halting GOP Momentum • FBI Chief: Mail Bombs Were Not Hoax Devices • Sayoc's Lawyer: Mentally, He's a 14 Year Old • Relatives describe bomb suspect Cesar Sayoc as loner and 'lunatic' • Sayoc Lived in His Van, Built Bombs There Too • What We Know About Sayoc's 14 Bombs • Video of Bomb Suspect Amid Angry Crowd at Trump Rally • A stray fingerprint and bad spelling helped the FBI pin down the mail bombing suspect • Sayoc Twitter Feed Full of Threats • Twitter Removes Sayoc's Threats & Apologizes • Mail bomb suspect's personality changed radically • Bombing suspect Cesar Sayoc, lost and angry, found his tribe with Trump • If the Mail Bomber Had Worn an ISIS Hat • Google And Amazon Cracked Down On Guns But Still Make It Easy To Find Bomb-Making Instructions • Florida man charged in pipe bomb probe; white van with Trump stickers is seized • Suspect in Letter Bombs: A History of Arrests and a Prior Bomb Threat
(DBN)

Enough is enough: Fed-up Americans crave unity amid violence • Trump blames the news media for the increase in political division felt across the country • Mike Pence rejects suggested link between Trump's political rhetoric and recent acts of violence in the US • Trump Allies Reject Link of Rhetoric to Increased Violence • Trump Holds Rally in Aftermath of Massacre • Trump lashes out at Tom Steyer days after billionaire Democrat donor was targeted in bomb plot
(DBN)

Inside Trump’s New Fox Takeover
(DBN)

Silver: 85% Chance Dems Take House
(DBN)

Trump Back Attacking Hillary and Media • A President Who Condones Political Violence
(DBN)

Fox News takes a hard pass on Megyn Kelly • Megyn Kelly is Done at Today • The Myth of Megyn Kelly
(DBN)

Obama tells Wisconsin voters it's over for 'mealy-mouthed elected officials' who claim to be disappointed by bad behavior and then do nothing about it
(DBN)

A string of recent revelations paints a stark picture of Russia's ongoing campaign to meddle in the 2018 midterms
(DBN)

Montana Senate Race Hits $60 Million
(DBN)

The President's MO is to Divide Everyone
(DBN)

What Progressives Can Learn from Michael Avenatti’s Mistake
(DBN)

Wilbur Ross' Growing Conflict of Interest Crisis
(DBN)

Role reversal: Democrats and Republicans express surprising views on trade, foreign policy, and immigration
(DBN)

Reports of Voter Intimidation at Polling Places in Texas
(DBN)

Difficulty of Voting Ranked by State • Georgia election fight shows that black voter suppression, a southern tradition, still flourishes
(DBN)

Trump Cabinet Exodus Likely After Election
(DBN)

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Economy:

Federal Reserve’s New Vice Chairman Cautiously Backs Further Rate Increases
(DBN)

The Federal Reserve's favorite inflation indicator says it is under control
(DBN)

The 'zombie' problem: Low interest rates and 'leveraged loans' sustain a vast number of lousy companies which should have gone to the wall years ago
(DBN)

Credit-Card Spending Limits in the Crosshairs as Issuers Grow Cautious
(DBN)

The US Economy Has Already Peaked
(DBN)

Americans have a lot to be happy about, so why are they feeling so nervous?
(DBN)

BEA: Real GDP increased at 3.5% Annualized Rate in Q3 • Third-quarter GDP shows U.S. economy grew a robust 3.5% • GDP ‘impressive,’ but investment is a weak spot, economists say • Q3 GDP: Investment • September Quarter's GDP Positives And Negatives • Dollar hits two-month high after third quarter GDP tops estimates • Business-Spending Slowdown Casts Shadow on Solid U.S. GDP Report • How Trump’s tax cuts are boosting GDP, and why that might not last • Today's advance estimate of real GDP growth for 2018:Q3 from the Commerce Department was 3.5%. The latest New York Fed Staff Nowcast for 2018:Q3 was 2.2%.
(DBN)

Tariff, Trade War Hit the US Economy • Trump Tariffs Hurting US Farmers And Retailers, Groups Say
(DBN)

Chrysler Looks to Mexico for More Ram Trucks
(DBN)

The huge new Pacific trade deal is about to kick off without the US
(DBN)

Americans hate Republicans' idea to cut Medicare, Medicaid, and Social Security to bring down the soaring deficit. And they have another idea the GOP won't like.
(DBN)

Tax Havens And Other Dirty Tricks
(DBN)

Consumer sentiment slips in October reading, remains near historically high levels
(DBN)

Chemical Activity Barometer "Begins to Cool" in October
(DBN)

Krugman: The truth about the Nordic economies
(DBN)

Trump's bewildering new tax cut proposal is 'the height of cynicism' and an admission the GOP tax law failed politically
(DBN)

No Generation Safe from Crushing Debt
(DBN)

Alan Greenspan says Sweden may hold the answer to America's looming entitlement crisis
(DBN)

Why the Rich Hate the Estate Tax
(DBN)

The best cities for jobs, ranked by affordability
(DBN)

Where Will Global GDP Growth Come From in the Next Five Years?
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

Cities Where Housing Boom Could Collapse
(DBN)

Like Race and Class, Commute and Homeownership Divide Us
(DBN)

The housing market is cooling off — and uncertainty isn't helping
(DBN)

OH: Tax-delinquent landlord avoids property seizures with bankruptcy filing
(DBN)

Sears' 'tragic' bankruptcy turns to opportunity as US mall owners court new tenants
(DBN)

As the housing market stagnates, American homeowners are staying put for the longest stretches ever • US Homeowners Staying Put as Mortgage Rates Lock Them In
(DBN)

Serious Delinquency Rates on Single Family Mortgages Since 1998
(DBN)

Wealthy in a financial bind increasingly turn to the homestead exemption
(DBN)

Robert Shiller: I don't expect a sharp turn in the housing market
(DBN)

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Municipalities:

Muni Lowdown
(DBN)

Puerto Rico's unlikely financial bounceback
(DBN)

Leadership in Springfield sending Illinois into 'zombie bankruptcy,' Caulkins says
(DBN)

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Oil/Gas:

Houston upstream energy co. reaches restructuring agreement, will file Ch. 11
(DBN)

Gastar Announces Comprehensive Restructuring Plan to Be Implemented with Pre-Packaged Chapter 11 Cases
(DBN)

Oil heads for third weekly slump as market selloff accelerates
(DBN)

Oil falls as economic outlook grows gloomier • The Real Reason for Oil's Big Sell Off
(DBN)

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Autos:

Reagor-Dykes Auto Group bankruptcy timeline • Recording indicates Reagor Dykes leadership ‘came up with’ $25M for ‘floor plan’ situation in 2017 • Transcript from Reagor Dykes Auto Group staff meeting
(DBN)

Tesla is Like Blackberry on Cusp of the iPhone • FBI May be Investigating Tesla Production • Tesla is going to have to spend an absolutely staggering amount of money in the next few years • Elon Musk criticized federal regulators on Twitter and said the $20 million fine he paid over his 'funding secured' tweet was 'worth it'
(DBN)

GM Wants a National Zero Emissions Program
(DBN)

Ford could provide a 40% return in the year ahead as restructuring takes hold, Goldman says
(DBN)

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Student Debt:

These Americans fled the country to escape their giant student debt
(DBN)

American Financial Benefits Center: Student Loan Debt Continues to Grow Faster Than Other Consumer Debts
(DBN)

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Travel:

United's New Boarding System is Ugly
(DBN)

Gerard Depardieu pees on plane floor in front of passengers, staff
(DBN)

Indonesian plane with 188 people on board crashes — first accident for new version of Boeing 737
(DBN)

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Banking:

October 2018: Unofficial Problem Bank list declines to 75 Institutions
(DBN)

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Religion:

Wave of state attorneys general take on Catholic Church sex abuse
(DBN)

Pope Decries ‘Persecution’ of Catholic Church Through Accusations
(DBN)

Whistleblower says bishop knew of sexual abuse allegations, but did nothing
(DBN)

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Pharma:

Trump Calls Medicare Part B Proposal ‘Revolutionary,’ But Experts See Limited Benefits • Trump Springs Globalist Surprise with Medicare Drug-Pricing Plan • Trump's plan to bring down U.S. drug prices misses root causes
(DBN)

To fight high drug prices, Utah will pay for public employees to go fill prescriptions in Mexico
(DBN)

HHS secretary warns Big Pharma: Lower prices, or 'you'll get whatever comes at you'
(DBN)

Republicans and the pharmaceutical industry grow apart • Trump pits Republicans against their donors
(DBN)

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Cryptocurrency:

MtGox trustee seeks amendments in Chapter 15 bankruptcy case
(DBN)

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Amusement Parks:

Conneaut Lake Park's revenue climbing, but bankruptcy exit isn't expected soon
(DBN)

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Electricity:

Bankruptcy Charges Knock First Energy into the Red in Third Quarter
(DBN)

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Food/Beverage:

Tully's May be Forced into Bankruptcy • Global Baristas bankruptcy case could reveal who owns Tully's Coffee
(DBN)

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Payroll Processing:

Four months after merger, Miami and Boston companies file bankruptcy
(DBN)

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Mass Torts:

Monsanto / Bayer now facing over 8,000 lawsuits alleging its Roundup
(DBN)

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New Bankruptcy Opinions
(7 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 (83 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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IP:

How Cool: Using Bankruptcy to Upset Intellectual Property Licenses
(DBN)

High Court To Address Rift On Bankrupt Brands' Trademarks • Brand Bankruptcy: High Court Mulls TM License Circuit Split
(DBN)

Tempnology and Janger Too!
(DBN)

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Litigation:

Know Your Audience So You Know Your Story
(DBN)

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Biofuels:

US Doubles Down on Ethanol, Despite Glut
(DBN)

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Personal Finance:

What I Learned About Life at My 30th College Reunion
(DBN)

You can retire early even if you're not a Silicon Valley 'tech bro' earning six figures
(DBN)

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Banking:

October 2018: Unofficial Problem Bank list declines to 75 Institutions
(DBN)

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Retailing:

Eddie Lampert Sounds A Little Less Certain About Sears’ Bright Future • Sears Tries Again for Cash as Lenders Balk on Loan Deal • Few investor tremors expected over Sears bankruptcy • Sears is dying but America's largest mall owner argues it's not all bad • Sears will not be printing its iconic holiday Wish Book one year after bringing it back from the dead. Take a look at the catalogs through the years • Will Sears Holdings Survive 2018? • With Sears in bankruptcy, here's what happens to Kenmore warranties • Landlords worried about brazen advertising at soon-to-close Sears stores • 3 Potential Winners and 1 Big Loser From Sears' Bankruptcy • Sears’ Bankruptcy Could Suffocate These 2 REIT Dividends • Sears starts its liquidation sale but with few takers • Remember Sears for Its Sexism • Sears' bankruptcy is a sign of a struggling middle class • Whirlpool doesn’t want Sears selling any of its appliances • Sears trying to assure suppliers • How Sears Chairman Eddie Lampert Could Benefit from Bankruptcy • Sears' 'tragic' bankruptcy turns to opportunity for US mall owners • Mall owner argues we're better off without Sears
(DBN)

Empty Stores Are Killing New York City. Is This the Fix?
(DBN)

Americans in the Mood to Spend This Holiday Season
(DBN)

Moody's boosts retail outlook to 'positive' for the first time in 3 years
(DBN)

Jeff Bezos' Net Worth Dropped $14 Billion Last Week
(DBN)

HOBO Files For Bankruptcy, Liquidation Sale Begins • HOBO Files For Bankruptcy Leaving Customers Without Refunds
(DBN)

How vacant spaces are becoming pop up opportunities for landlords, retailers
(DBN)

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Biotech:

South Florida biotech penny stock files for bankruptcy with $7.2M in debt
(DBN)

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Healthcare:

Sense of Alarm as Rural Hospitals Keep Closing
(DBN)

Smoking is bad, but sitting around doing nothing is even more deadly, study shows
(DBN)

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Celebs:

Dina’s Bankruptcy Nightmare Revealed: Creditor Rejects Lohan’s Payback Plan
(DBN)

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Maritime:

Supreme Court reaffirms prison term for ex-Hanjin Shipping chairwoman for insider trading
(DBN)

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Education:

Roosevelt University Announces Successful Debt Restructuring
(DBN)

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Derivatives:

EU shows no sign of heeding U.S. threat over derivatives clearing
(DBN)

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UK:

A Shift in Focus: Rescuing Viable Companies
(DBN)

Patisserie Valerie FD quits amid scandal
(DBN)

Insolvencies among millennials soar as housing costs shred ‘cash cushions’
(DBN)

Work was once the way to a better life. Not any more
(DBN)

Katie Price enjoys a makeover ahead of bankruptcy court hearing
(DBN)

S&P Holds UK Rating Steady but With Negative Outlook
(DBN)

Fitch: Brexit May Not Go Smoothly • Pro-Brexit Lawmakers Mull Temporary Norway-Style Arrangement • UK May Need New Budget If No Brexit Deal Is Reached
(DBN)

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PIIGS:

How this Bundesbank economist plans to halve Italy’s debt
(DBN)

Italian bond yields fall to one-week low after S&P leaves Italy's rating unchanged
(DBN)

Italy Escapes a Second Rating Downgrade a Week After Moody's
(DBN)

Ireland Votes to Overturn Constitutional Ban on Blasphemy
(DBN)

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MENA:

Turkey Wants Those 18 Saudis Extradited • Saudi Arabia refuses to extradite Khashoggi suspects to Turkey • Saudi prosecutor in charge of Khashoggi case arrives in Istanbul
(DBN)

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India:

Banking on IBC, govt expects NPA recoveries to exceed Rs 1.80 trn in FY19
(DBN)

Cross-border insolvency rules: How they impact creditors, investors
(DBN)

Essar Steel: Committee of creditors still backing ArcelorMittal's bid
(DBN)

'Dirty dozen' bankruptcy cases to be resolved in current fiscal: SBI
(DBN)

India's Developers Next in Firing Line From Banking Fallout
(DBN)

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Singapore:

China Sportswear Manufacturer Is The First Foreign Company To Be Placed Under Judicial Management In Singapore.
(DBN)

Singapore’s New Insolvency, Restructuring And Dissolution Bill 2018 – Impact On Banking Transactions.
(DBN)

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Brazil:

Portuguese court recognizes Oi recovery plan
(DBN)

Far-right populist Jair Bolsonaro wins Brazil presidential election • Wants to privatize state companies, liberalize gun ownership and mine the rain forest
(DBN)

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Kenya:

Lessons Kenya Can Learn from US Bankruptcy Laws
(DBN)

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Netherlands:

Electric wagon maker files for bankruptcy in wake of fatal crash
(DBN)

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Lithuania:

Small Planet Airlines files for insolvency amid investment search
(DBN)

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Argentina:

IMF Board Approves $56.3 Billion Credit Line for Argentina
(DBN)

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