October 30, 2018

The Daily Bankruptcy News

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Law:

How to convince clients you’re worth the cost
(DBN)

GC Pay Is Up for Many but More in Some Sectors Than Others: Survey
(DBN)

The ‘Allen & O’Melvery’ Merger Seems To Be Gaining Steam
(DBN)

From Inside Man to ‘Outsider’: How One Restructuring Attorney Aims to Nab New York’s Top Cop Post
(DBN)

'He Threatened to Kill Me and My Family': Law Prof Contacted by Pipe Bomb Suspect
(DBN)

Biglaw Firm Hit With Cybersecurity Incident Earlier This Month • Foley & Lardner Suffers ‘Cyber Event,’ Says Data Safe, As Law Firms Remain Targets
(DBN)

This Law School Really Understands How To Get Graduates To Pass The Bar Exam
(DBN)

Law School Admits Defeat, Plans To Close After Losing Accreditation
(DBN)

Yale Law School Alumni Tell Paper They Aren’t Surprised By Faculty Harassment Allegations
(DBN)

Paul Hastings Faces Malpractice Claims Over Cleanup Advice
(DBN)

The 4 Faces Of Public Speaking: What Kind Of Speaker Are You?
(DBN)

Do You Ever Admit That You Should Have Lost?
(DBN)

6 Ways You Can Command A Room Without Saying A Word
(DBN)

7 Power Gaps That Keep Professionals From Thriving And Leading At Work
(DBN)

Trump May Answer Mueller Questions Post-Election, Giuliani Says
(DBN)

Shooting Leaves Sense of Shock in Peaceful Pittsburgh Enclave • Survivors relive horrors at Tree of Life • Rosenstein calls the Pittsburgh synagogue shooting 'a stark reminder' that 'all Americans' need to be protected from hate crimes • Matt Drudge tells Fox News: "Check your soul in the makeup chair!" • New Jersey considers new gun laws after synagogue shooting • Holocaust Survivor Missed Synagogue Attack by 4 Minutes • Pittsburgh synagogue shooter tended to by Jewish doctors and nurses, officials say • A doctor rushed toward synagogue gunfire to help the wounded. He was killed. • Rabbi hailed as hero amid massacre wishes he "could have done more" • Thousands at vigil proclaim: Don't be scared to be Jewish • Pittsburgh Rabbi: The President is Welcome • Anti-Semitic incidents were on the rise even before shooting • Feds seek death penalty against Pittsburgh shooting suspect • I'm a Jewish studies scholar — there are similarities between the anti-immigrant and anti-Semitic sentiments of today and a younger America • Trump, Melania to visit Pittsburgh tomorrow • Laughter, Jokes On FoxNews Segment About Terror Fallout? • Pittsburgh Synagogue Shooting Puts Spotlight on Fringe Platforms and Their Partners
(DBN)

Pharrell Williams Threatens Legal Action After Trump Plays ‘Happy’ at Rally on Same Day as Synagogue Shooting • Pharrell Sends Trump a Cease and Desist
(DBN)

Trump Fan Convicted In Anti-Muslim Terror Plot Asks Judge To Consider Trump’s Rhetoric
(DBN)

Trump warns the caravan of migrants that the US military is waiting for them as 5,000 more troops prepare to head to the border • The quickest path to a better life in the United States is now an administrative one • ICE is speeding up release of migrating families despite tough rhetoric • Trump says U.S. will build "tent cities" to host asylum seekers • Fox News’ Shepard Smith debunks Trump’s migrant caravan rhetoric: ‘There is no invasion’
(DBN)

Trump plans to end birthright citizenship • Trump wants to sign an order to end birthright citizenship, setting up a constitutional battle
(DBN)

WikiLeaks' Assange says Ecuador seeking to end his asylum
(DBN)

Cops thought severed human head brought to police station was Halloween prank
(DBN)

Policing for Profits in California Towns
(DBN)

White woman fired after video of her harassing her black neighbor goes viral
(DBN)

Judge tosses stalking charges against man whose case was described as ‘gardening while black’
(DBN)

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Judges:

Federal Judiciary's Proposals for Addressing Sexual Misconduct to Get Public Airing
(DBN)

Sotomayor expresses ‘deep concern’ about failure to preserve tape in appeal hinging on one word
(DBN)

Chicago judge accused of threatening to hold employee in contempt, lying about gun incident
(DBN)

Jerry Springer plans to take the bench on syndicated TV show
(DBN)

Law Clerk Attacked Outside Federal Courthouse
(DBN)

Trump Appeals Court Nominee Bianco Had Price on Head
(DBN)

Men, Specialists Again Dominate Supreme Court Arguments
(DBN)

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Wall Street:

U.S. stock futures swing higher after Trump says upbeat on China trade deal • Dow futures rise triple-digits as investors await a flurry of earnings
(DBN)

Dow gives up 350-point gain, turns negative after report says US prepping more tariffs on China • Stock market turns negative amid report that U.S. set to impose tariffs on all remaining Chinese imports • Dow ends nearly 250 points lower, off 1% • S&P 500 ends 0.7% lower; Nasdaq Composite off 1.6% • Dow tumbles more than 200 points led by Boeing, briefly enters correction territory • Dow swings 900 points
(DBN)

Monday’s nasty stock-market reversal is evidence that the worst is far from over
(DBN)

Morgan Stanley breaks with rest of Street, thinks October sell-off is 'morphing' into a bear market • Goldman Sachs: Sell-off is 'overdone'
(DBN)

If you weren’t yet worried about the stock market, you should be now
(DBN)

Strong earnings are stoking uncertainty fears
(DBN)

Tax, trade uncertainties give Wall Street jitters
(DBN)

Latest GDP shows economy growing at a rapid pace — but not enough to buoy Wall Street
(DBN)

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Layoffs:

Bankruptcy fallout: 1,211 jobs gone at Sears, Kmart in California
(DBN)

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Politics:

Suspicious package addressed to CNN's Atlanta headquarters intercepted • Mail bombing suspect reportedly had a list of more than 100 targets • Pittsburgh Suspect Appears in Court as Families Prepare for Funerals • Tearful bomber Cesar Sayoc mouths 'I love you' to one of his sisters • Judge orders package bomb suspect Cesar Sayoc, Jr. held without bail • White House defends Trump's response to mail bombs being sent to CNN and Democrats • Trump says pipe bomb suspect 'was insane a long time before' • Trump compares media coverage of the package-bomb scare to the 2015 Charleston church shooting
(DBN)

Trump Approval Rating Plunges Amid Violence as Midterms Approach
(DBN)

Why is Right Wing Terror Rising in America?
(DBN)

The synagogue shooter and pipe bomber never met. But they have a lot in common.
(DBN)

Silicon Valley's hate speech problem
(DBN)

Trump’s Culture Warriors Go Home
(DBN)

Trump accuses media of stoking ‘great anger’ in US • Trump renews attack on media as 'true Enemy of the People' • Trump Attacks Press As 'True Enemy Of The People' Days After Bomb Sent To CNN • White House won't say which news outlets are 'enemy of the people'
(DBN)

Political Violence Heightens Divisions in Trump's First Midterms
(DBN)

Pilot ‘Sully’ Sullenberger: ‘This is not the America I know and love’
(DBN)

House Judiciary Dems call for emergency hearing on domestic terrorism
(DBN)

Supreme Court turns away Pennsylvania electoral map dispute • Supreme Court rejects Pennsylvania Republicans’ bid to reinstate voting map
(DBN)

President Trump wants you and all Americans to be very, very afraid
(DBN)

Voices From a Divided America
(DBN)

The Real Corruption Scandal is in Congress
(DBN)

Trump's 11th-hour midterm pitch to women: Ignore me, focus on the economy
(DBN)

Celebrity boycotts and half-time headaches: is the Super Bowl already in crisis?
(DBN)

Silver: 86.4% Dems Take House
(DBN)

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Autos:

Tesla's 'deepening' FBI inquiry will be a hard case for investigators to prove, Wall Street analyst says • Tesla's Future is Not Yet Secured
(DBN)

Automakers Fight Trump's Emissions Rollback
(DBN)

Self-driving cars and ride-hailing services could make the car-rental industry obsolete—or create a huge opportunity
(DBN)

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Banking:

Fed Prepares New Way to Tailor Rules for Big Banks
(DBN)

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Coal:

Coal company's bankruptcy gets pushback from miners over health care benefits
(DBN)

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Economy:

Mnuchin Set to Top Geithner Record as Treasury Auctions Grow • Treasury Sees 2018 Borrowing Needs Surging to $1.34 Trillion • The US will issue over $1.3 trillion in new debt in 2018, the highest amount since the depths of the recession
(DBN)

Visualizing $21 Trillion of National Debt: Which Presidents You Should Blame the Most
(DBN)

Personal Income increased 0.2% in September, Spending increased 0.4%
(DBN)

Rising national debt to affect voters' midterm election decisions, poll says
(DBN)

Fed's GDPNow initial forecast: 2.6 percent — October 29, 2018
(DBN)

The Fed may have to make an important adjustment to the way it's raising rates
(DBN)

Dallas Fed: Texas Manufacturing Growth Slows • Dallas Fed: "Texas Manufacturing Continues to Expand, but Pace Slows"
(DBN)

Fed reportedly ready to change more banking regulations
(DBN)

Personal Spending Increased Slightly in September
(DBN)

So far, it doesn't look like the GOP tax law has prompted the investment boom Republicans promised • Trump Tax Cut Promise is Falling Flat
(DBN)

America's global trade war finally arrives at the WTO as members dispute US tariffs • Trump’s tariffs are backfiring even on industries that were supposed to benefit from trade protectionism • Trump says he ‘will make a great deal with China’ on trade, but has more tariffs at the ready • US reportedly planning tariffs on remaining $257 billion in Chinese goods if Trump-Xi talks fail • These States Are Getting Hit Hardest by Chinese Tariffs • These States Are Getting Hit Hardest by Chinese Tariffs • Caught Between Trump's Tariffs And Tax Changes, Soybean Farmers Face Uncertain Future • Stanley Black & Decker Executive Rips Trump Tariffs • Trump’s tariffs are hurting America • Trade Deficits, Tariffs And Why They're Complicated • Trump's Tariffs Aren't Even Helping Steelmakers • Fed’s recent survey offers a glimpse of how the specter of tariffs looms large on Wall Street • Trump Tariff Impact: Most US Companies Plan to Leave China—But Won’t Return to America • At a small US factory, Trump's trade war forces hard changes • Trump’s Tariff Beneficiaries Still Have a Problem: Fundamentals • U.S. to Restrict Chinese Chip Maker From Doing Business with American Firms • US-China trade deal and market rally will happen by year-end, predicts investment strategist • US Firms in China Consider Relocation
(DBN)

NAFTA 2.0 is an American First Trade Deal • Some Context for Canadians Who Love or Hate the New NAFTA
(DBN)

No USMCA Before Tariffs Lifted: Steelworkers
(DBN)

Chrysler Reconsiders Moving Ram to US
(DBN)

How much each U.S. president has contributed to the national debt
(DBN)

Gov. Walker's $4.1 Billion Foxconn Boondoggle
(DBN)

McDonald's adds new perks for employees as fast-food chains battle for workers
(DBN)

Defense firms say Trump’s Saudi arms deal will create 500 American jobs, while Trump claimed as many as 500,000
(DBN)

60 Percent of World's Wildlife Wiped Out Since 1970
(DBN)

Russia’s Biggest Problem Will Soon Be Ours
(DBN)

Three-Fourths Of H-1B Visa Holders In 2018 Are Indians: U.S. Report
(DBN)

Electricity generation reaches highest level since the 2008 recession
(DBN)

What I Learned in Adulting School for Millennials
(DBN)

Hotels: Occupancy Rate Increased Slightly Year-over-year
(DBN)

Why the strong dollar is so bad for business
(DBN)

The Most Profitable Industry In Every U.S. State
(DBN)

GE slashes its dividend to a penny, says it's reorganizing its struggling power business
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

The 15 American cities with the biggest average homes, ranked
(DBN)

This real estate market will see almost 12% in appreciation
(DBN)

Plummeting Ellie Mae stock signals slow-down ahead?
(DBN)

Q3 2018 GDP Details on Residential and Commercial Real Estate
(DBN)

The housing market’s slowdown is going to kill the home renovation boom too
(DBN)

VA: Fairfield Shopping Center gets auction reprieve after owner files for bankruptcy
(DBN)

Massachusetts man cops to 9-year multifamily mortgage fraud conspiracy
(DBN)

____________

Municipalities:

Puerto Rico notches a long-awaited win
(DBN)

Puerto Rico oversight board publishes fiscal plan fact sheet
(DBN)

$43.5 Trillion in Claims Filed Against P.R., Title III Debtors
(DBN)

GOP may face grim reward for revival of Detroit
(DBN)

Is Sterlington headed for bankruptcy?
(DBN)

______________

Oil/Gas:

Moody's says oil service debt 'unsustainable' • Moodys sounds the alarm over oil service debt
(DBN)

Weatherford shares sink on cash flow miss, bleak fourth-quarter outlook
(DBN)

Gastar files for bankruptcy with private equity backing • Ares Management Commits $100MM to Gastar Restructuring Effort • Gastar Exploration Files for Bankruptcy
(DBN)

Oil prices decline as demand worries outweigh Iran supply challenges • Why Oil Prices Could Still Go Lower
(DBN)

BP Swimming in Cash as Earnings Soar on High Oil Prices
(DBN)

Oil Production On Federal Lands To Hit New Record
(DBN)

______________

Tech:

Australian Startup Unlockd Files for US Bankruptcy, Blaming Google
(DBN)

Upgrade? No Thanks. Americans Are Sticking With Their Old Phones
(DBN)

Red Light Camera Company Bleeds Red Ink
(DBN)

______________

Festivals:

TanaCon organizer Good Times Entertainment files for bankruptcy
(DBN)

______________

Commodities:

Noble Group sees another loss as restructuring costs mount • Noble Group sees third-quarter loss from restructuring expenses
(DBN)

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Student Debt:

Lawsuit: Student-loan company defrauded Career Point College
(DBN)

Taking on student debt without graduating
(DBN)

______________

Buses:

The Rural Decline of Greyhound Bus Service
(DBN)

______________

Religion:

The Catholic Priest Fiasco (And How It Got This Far)
(DBN)

______________

Newspapers:

Hedge fund manager on his New York Times stake: 'Newspapers are mostly dead, but the news isn't'
(DBN)

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Personal Finance:

A repayment hack to lower credit-card debt faster
(DBN)

America’s Growing Financial Literacy Problem
(DBN)

______________

Travel:

Flight with 188 Onboard Crashes • On the flight before it crashed, the plane was climbing and falling so wildly that people on board threw up • Previous Lion Air Flight Scared Passengers
(DBN)

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New Bankruptcy Opinions
(5 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (19 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)

______________

Bankruptcy Statistics:

Weekly Bankruptcy Claims Trading Activity
(DBN)

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IP:

Supreme Court to Review Bankrupt Company’s Trademark Dispute
(DBN)

Trademark Licenses . . . Again (Update No. 5)
(DBN)

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Avoidance Actions:

I’ll Gladly Pay You Tuesday for an Ice Cream Cone Today: 11th Circuit Clarifies Availability of “New Value” Defense in Bankruptcy Preference
(DBN)

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D&O:

Losses Up, Pricing Down: A Tough Combination for D&O Insurers
(DBN)

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Plan Confirmation:

Chapter 11 Debt Reinstatement Deep Dive
(DBN)

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Leases:

Bankruptcy Desk Reference for Equipment Lenders and Lessors
(DBN)

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Fraud:

Lawsuit claims Trumps encouraged investment in scams • New lawsuit accuses Trump and 3 of his children of conning 'thousands' of people in marketing ploy • Trump accused of receiving 'secret payments' for endorsing a multilevel marketing company that lured people into investing
(DBN)

He Promised to Restore Damaged Hearts. Harvard Says His Lab Fabricated Research
(DBN)

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Retailing:

Chicago Retailer Sears Picks a Court, and a Judge, in New York • Whirlpool asks bankrupt-Sears for inventory back
(DBN)

Amazon's stock plunges toward first bear market in 2 1/2 years • Amazon shares are cratering — down 8% today, down 25% in the past three weeks • Even More Stores To Close - Sears Bankruptcy Update
(DBN)

?Landlords push up US retail rents to post-crisis highs
(DBN)

Oak Point Partners acquires remnant assets of the Factory 2-U Stores, Inc. bankruptcy estate
(DBN)

American Apparel is staging a comeback with a few twists and a Canadian owner
(DBN)

With Toys R Us gone, these retailers are stepping up their game
(DBN)

Low unemployment could hurt the holiday shopping season
(DBN)

Walmart is eliminating the most dreaded part of holiday shopping
(DBN)

______________

Healthcare:

All those big health-care mergers may mean financial risk is getting concentrated
(DBN)

Everyone's health care price differs, even at the same hospital
(DBN)

______________

Transit:

The bottom just fell out of the MTA’s finances
(DBN)

______________

Marijuana:

Pot stocks take another hit in wake of worst week for the sector in nearly 9 months
(DBN)

The curious case of Curaleaf, a U.S. pot company that is illegal but suddenly worth $4 billion
(DBN)

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Publishing:

Medallion Press Files for Chapter 7 Bankruptcy
(DBN)

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Pensions:

These Retirees Are Pushing To Save Their Pensions
(DBN)

______________

Mass Torts:

Georgia-Pacific says Bestwall's Ch. 11 hews to bankruptcy rules
(DBN)

______________

Electricity:

More Losses for FirstEnergy; FES Seeks Policy Support Amid Bankruptcy
(DBN)

Fight over SCE&G’s rates, Dominion buyout faces ‘pivotal’ hearing
(DBN)

______________

UK:

Katie Price 'could end up homeless' if declared bankrupt • Katie Price's dirty mansion needs a £150k makeover and deep clean • Katie Price set for bankruptcy hearing at High Court - has she found a way to repay her debts? • Katie Price ‘could end up in a council house’ or ‘living in a hostel’ if she’s declared bankrupt
(DBN)

The Debt Arrangement Scheme (improved formula)
(DBN)

Insolvency company remains in 'strong position' despite buyout
(DBN)

UK's SFO says ex-Afren executives sentenced for fraud, money-laundering
(DBN)

The Norway model is back on the Brexit agenda — here's what that means
(DBN)

______________

EU:

Merkel Exit to Polarize Germany and Europe
(DBN)

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PIIGS:

How the ECB could help Italy — and why it won’t
(DBN)

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Canada:

Ford promises pension 'regulatory relief' for Algoma steelworkers • Algoma getting closer to emerge from CCAA
(DBN)

Steelworkers on Parliament Hill to Seek Support for Retirement Security
(DBN)

Faced with mounting debt, this newly graduated lawyer filed for bankruptcy — and still owes $120K
(DBN)

Canadian household debt flashes red in Morgan Stanley report
(DBN)

______________

Venezuela:

Venezuela’s Citgo Is Pushed One Step Closer to Sale
(DBN)

Russia sends officials to Venezuela to advise on crisis reforms
(DBN)

Trump claims 'Florida will become Venezuela' if Andrew Gillum is elected governor
(DBN)

______________

India:

Cross border insolvency: Panel proposes simple trigger for starting proceedings in India
(DBN)

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Australia:

Perils of a complex, corporate collapse: Administrators’ conduct justified and personal liability limited
(DBN)

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Brazil:

Arbitrator suspends capital hike for Brazil telecom Oi
(DBN)

Who is the 'Trump of the Tropics?': Brazil's divisive new president, Jair Bolsonaro— in his own words • To Gut the Amazon Bolsonaro Needs Help
(DBN)

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China:

China sets official yuan rate at weakest since '08
(DBN)

BlackRock says tariffs helped spark China's slowdown, urges long-term investing
(DBN)

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