April 15, 2019

The Daily Bankruptcy News

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Law:

The Big Fail: Why Bar Pass Rates Have Sunk to Record Lows
(DBN)

Ex-Partner's Fight Against Lobbying Charges to Put Skadden Back in Limelight • Greg Craig, Defiant After Lobbying Charges, Will Plead Not Guilty • Prominent Lawyer's Indictment Puts Pressure on Foreign Lobbyists
(DBN)

"Please reject me: an Open Letter to the Harvard Law Review"
(DBN)

The stubborn billable hour
(DBN)

What Do GCs Really Want? Here’s What They Say
(DBN)

In-House Counsel Plan on Switching Firms Over Tech Use
(DBN)

Law Firms May Want to Hire Legal Ops-Trained Law Grads
(DBN)

Uniform Legal Data Classification Will Reshape the Business of Law
(DBN)

Above The Law’s 11th Annual Law Revue Video Contest
(DBN)

Hertz lawsuit against former GC seeks return of incentive pay, damages for accounting failures
(DBN)

Sometimes To Be A Biglaw Partner, You Have To Know How To Lose
(DBN)

McGuireWoods Hit With Records Demand
(DBN)

New Star Wars Trailer Reminds Us How Much The Jedi Teach Us About Law School
(DBN)

Law School Dean’s Breast Cancer Diagnosis Has Changed Her Worldview
(DBN)

Non-attorneys offer a lot to the legal industry -- clients need to recognize that
(DBN)

White House Braces for Full Mueller Report • Here's What Reportedly Worries Trump Team the Most Before Release of Mueller Report • Only 13% of Americans think Attorney General William Barr's summary accurately described the Mueller Report • The Wait Is Almost Over For The (Almost) Full Mueller Report To Be Released • Trump Revived Sanctuary Cities Idea to Distract from Mueller Report, Article Says • Rod Rosenstein defends Attorney General Barr’s handling of Mueller report as Democrats ramp up pressure • Trump is Emboldened by AG Barr • Barr's Claim of Spying a Blow to Government • Why Attorney General Barr's Allegation Of Spying Is A Body Blow To The Very Idea Of Government • Ex-Skadden Counsel Has Honor Of Being First Prominent Democrat Charged In Mueller Probe • Roger Stone Launches Legal Hail Mary to Get Mueller Indictment Tossed in the Trash • Trump Confidant Roger Stone Seeks Full Mueller Report • Roger Stone Attacks Mueller Indictment, Seeks to See Report • Donald Trump Is 'Financially Compromised' by Russia. Mueller Didn't Investigate but Congress Must: Ex-Federal Prosecutor • Nadler: Trump 'Stole' $150K Meant for 9/11 Relief
(DBN)

IRS Has Until April 23 to Deliver Trump Taxes • Sarah Huckabee Sanders: This Congress is Probably Not 'Smart Enough' to Review Donald Trump's Tax Returns • Tax Expert: 'Far From Clear' That IRS Can Be Compelled to Release Trump's Returns • Cummings to file subpoena for all of Trump's finances • House Democrats to subpoena accounting firm for Trump's financial records
(DBN)

FBI-related breach reportedly compromised federal agents' details • Hackers posted personnel information of hundreds of federal agents and police officers online
(DBN)

Trump: I Can Send Migrants Anywhere • U.S. court temporarily allows Trump admin to resume returning asylum-seekers to Mexico • Trump Insists He Has Legal Right to Move Detainees to Sanctuary Cities, and He's Probably Right • Sarah Huckabee Sanders says busing immigrants to 'sanctuary cities' is 'not our first choice,' but 'the president likes the idea' • Sanders: Why Not Sanctuary Cities? • Trump sanctuary city idea could help migrants stay in US • Las Cruces, N.M. pleads for help amid migrant dropoffs: 'This is going to be an ongoing event' • Top Trump officials reportedly discussed whether the US military could build and run 'tent city' detention camps for migrants • Trump reportedly told his border chief to close the border and block migrants from entering the US — and that if he went to jail, he'd pardon him • Did the President Tell Subordinates to Violate the Law? • ICE Now Aided by ‘Enhanced’ Spy Powers • Trump’s Unpardonable Challenge to the Constitution • Trump Denies He Offered to Pardon CBP Head • ICE Refused to Carry out White House Plan to Release Detained Immigrants Into Sanctuary Cities as Political Payback • Trump officials say sanctuary city migrant plan under review • White House: We’re not considering busing migrants to “sanctuary cities.” Trump: Yes, we are! • Migrants Bust Through Southern Mexico Border, Overwhelm Police As They Head to the U.S.: Report
(DBN)

City of Chicago: Jussie Smollett ‘Purposely Misleading’ Cops About Race Wasted 1,836 Hours of Overtime Work
(DBN)

She took her child to Mall of America - then a stranger threw him from a three-story balcony
(DBN)

Why Ecuador released Julian Assange: rudeness, spying, and p--- • Sarah Huckabee Sanders defends Trump's 'I love WikiLeaks' remarks during 2016 campaign following US indictment: 'The president was making a joke' • An Assange supporter in Ecuador has been arrested over an alleged plot to blackmail the president • Assange's arrest was designed to make sure he didn't press a mysterious panic button he said would bring dire consequences for Ecuador • Ecuador's president claims Assange was booted from the embassy so it didn't turn into a 'center for spying'
(DBN)

Republican Texas lawmaker halted a bill to execute women who have abortions. He now faces security concerns • 2 more states push ahead with near-bans on abortion setting up for legal battle that could end up in the Supreme Court
(DBN)

$590 million Powerball winner sues son, claims he and advisor mismanaged winnings
(DBN)

Lawyer: Man Accused of Assaulting Minor at His Own Wedding Is Innocent Because His Wife’s Still With Him
(DBN)

Prosecutor Pushed for ‘Highly Dangerous’ Jeffrey Epstein to Be Kept Off Offender Registry
(DBN)

Moonves loses out on $34.5M
(DBN)

Best True Crime Documentary — The Final Four
(DBN)

Man sues parents over trashed p--- collection
(DBN)

Police Make an Arrest in Cold Case Rape and Murder From 1972 — Using DNA Found on a Coffee Cup
(DBN)

Congressman Tony Cárdenas introduces the End Debtor’s Prison for Kids Act
(DBN)

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Judges:

Senate Republicans are using a recent rules change to push through more judges
(DBN)

Court packing: Where the 2020 candidates stand
(DBN)

A Federal Judge Compared Trump's Criticism Of The Courts To The KKK And Segregationists
(DBN)

Judge arrested for alleged courthouse sex assault; women adopted buddy-system safety plan
(DBN)

Lawyer’s ethics complaint targets 5th Circuit judge for alleged ‘vitriolic’ dissent
(DBN)

Maryanne Trump Barry Pulled A Kozinski
(DBN)

Former Justice Kennedy Says Democracy Slipping Away
(DBN)

Teenagers will learn legal consequences of their actions in this program coming to federal court
(DBN)

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Wall Street:

Markets mixed as growth fears clash with strong US bank earnings and Chinese export gains • Dow futures point to a modest open ahead of earnings
(DBN)

Wall Street’s ‘fear index’ tumbles to 6-month low as stock market nears records
(DBN)

Goldman Sachs crushes earnings
(DBN)

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Layoffs:

Lowe’s to lay off 219 in Charlotte and Wilkesboro
(DBN)

Operator to lay off nearly 800 in Arizona
(DBN)

Perdue Farms Announces 118 Layoffs
(DBN)

Chevron and Anadarko just announced a $50 billion oil megadeal and used a word that should terrify their employees
(DBN)

Delivery robots are poised to invade our cities
(DBN)

Robots could wipe out 1.3 million Wall Street jobs in the next 10 years
(DBN)

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Aviation:

Boeing's problems are mounting and things are going to get worse before they get better
(DBN)

Boeing's CEO says the weeks since the second crash of a 737 Max plane have been the 'most devastating' of his career
(DBN)

Southwest is grounding its Boeing 737 Max jets until August • American Airlines cancels 737 Max flights until Aug. 19
(DBN)

FAA meets with pilot unions over Boeing 737 Max
(DBN)

Trump proposes a "REBRAND" for Boeing's 737 MAX
(DBN)

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Autos:

GM China's New Car Sales in Collapse
(DBN)

Daimler Faces New Emissions Cheating Probe
(DBN)

Hedge fund manager David Einhorn slams Tesla: ‘The wheels are falling off’ • David Einhorn Still Murmuring Incantations Of Death Over Elon Musk Voodoo Doll, Is Feeling Like It's Working • Tesla again ‘on the brink’ of failure, says Einhorn's Greenlight hedge fund
(DBN)

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Food/Beverage:

The largest private sector strike in years is playing out at supermarkets across the Northeast • Some politicians stand with Stop & Shop strikers
(DBN)

Majority owner of bankrupt Scotty's plans to oust operating partner, focus on basics
(DBN)

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Electricity:

California state called for spreading wildfire costs ‘broadly’ — and PG&E stock jumped 20% • PG&E Caps Best Day Since Going Bankrupt as California Offers Help
(DBN)

California Governor Seeks to Protect Utilities From the Cost of Wildfires • Newsom weighs wildfire liability law, but no commitment
(DBN)

California Is Set to Help PG&E and Maybe, Possibly, Take It Over
(DBN)

As bankruptcy looms, PG&E will walk away from two dams it owns. What about the other 167?
(DBN)

Nuke Talks Continue in Pa. Assembly
(DBN)

Ohio Lawmakers Announce Plan to Subsidize Nuclear Plants
(DBN)

Rensselaer power plant expects to file for bankruptcy, seeks bigger tax break
(DBN)

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Football:

Former Salt Lake Stallions exec suing defunct Alliance of American Football for lost pay
(DBN)

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Celebs:

Who Is Darcy LaPier?
(DBN)

R. Kelly's financial status will shock you • R. Kelly's Bank Account On Struggle, Overdrawn By $13 Bucks
(DBN)

DMX's House Up For Shortsale As Rap Star Works To Pay Down $1.7 Million Tax Bill
(DBN)

Tiger Woods did not win a fifth green jacket for his victory at the Masters
(DBN)

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Agribusiness:

Cattlemen affected by Plainville bankruptcy likely in for long wait
(DBN)

Advocates hoped farm census would find diversity in agriculture. It found old white people
(DBN)

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Coal:

Wyoming's third largest coal producer faces debt payment deadline Monday, possible bankruptcy
(DBN)

Trump striking out on coal and nuclear energy • Trump Vowed To Save Coal But U.S.' Largest Mining Basin Remains In Decline
(DBN)

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Furniture:

Dessin/Fournir files for Chapter 11
(DBN)

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Healthcare:

What 'Medicare for All' would do to the health-care sector • How Medicare for All could impact employers • Would Medicare for All Cost More Than the Current System?
(DBN)

Republican Sen. Chuck Grassley doubts Obamacare will be ruled unconstitutional
(DBN)

Health-care stocks plunge as uncertainty rises on Obamacare, Congress threatens action on drug prices
(DBN)

Physicians' salaries have once again hit an all-time high
(DBN)

Here's how much money 7 types of dentists actually make
(DBN)

New York Declares a Measles Emergency • Measles Kills More Than 1,200 in Madagascar • Jewish leaders warn measles outbreak feeds anti-Semitism
(DBN)

For low-income people, employer health coverage is worse than ACA
(DBN)

The Big Number: 145.6 million patients a year go to hospital ERs
(DBN)

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Distressed Investing:

Private Credit's Dry Powder Waits for Downturn Opportunity
(DBN)

LatAm Deep Dive
(DBN)

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Pensions:

Kentucky governor vetoes pension relief bill
(DBN)

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Economy:

America’s Upper Middle Class Feeling the Pinch Too
(DBN)

Stephen Moore's greatest hits • Herman Cain's Fed Board chances are tanking • Herman Cain Will Not Be Bringing Delicious Godfather’s Pizza To FOMC Meetings
(DBN)

Q1 GDP Forecasts: Around 2% • Fed Staff Nowcast stands at 1.4% for 2019:Q1 and 2.0% for 2019:Q2
(DBN)

Are US Workers More Highly Taxed Than They Think?
(DBN)

We're closer than ever to a political Fed • ECB's Mario Draghi is worrying about the fate of the Fed's independence
(DBN)

In rich countries, the middle class is getting smaller and smaller, generation by generation • Why the middle class is shrinking
(DBN)

Americans are becoming much less optimistic about the economy as growth slows
(DBN)

Global policy makers say they’re willing to ‘shore up growth’ to avoid world slowdown
(DBN)

Biggest risk to US market is a surprise Fed rate hike as economy improves: Medley Global Advisors
(DBN)

The Hunt for Yield Goes Global
(DBN)

The Longest Expansions in U.S. History
(DBN)

Trump May Allow Budget Caps to Slash Spending, Kudlow Says
(DBN)

Deficit Widens to $691 Billion in First Six Months of 2019
(DBN)

Tax Day Update: Americans Still Not Seeing Tax Cut Benefit
(DBN)

Investors remain bullish in the face of IMF fears
(DBN)

China isn't cheating at trade. It's just running America's old plays • US, Japan Set to Kick Off Trade Negotiations • Trump's trade war is expanding to Japan, and a deal with the world's third largest economy won't be easy • America first, China last: Trump’s strange new order of economic nationalism • America And The World Still Need The WTO To Keep Trade And The Global Economy Humming • Trump’s most loyal supporters are paying the highest price for his trade policies, studies show • Nuclear energy pulled into Trump trade wars • Treasury’s Mnuchin says U.S.-China talks getting close to ‘final round of concluding issues’ • US is said to water down demand that China curb subsidies amid push for a trade deal
(DBN)

LA area Port Traffic Down Year-over-year in March
(DBN)

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

Greenspan: Not concerned with criticism against Fed, as long as Fed doesn’t respond
(DBN)

Alan Greenspan says economy will start to fade ‘very dramatically’ because of entitlement burden
(DBN)

Jamie Dimon warns of a risk that could throw off the US economy after a record-breaking quarter
(DBN)

Citigroup's CEO says the biggest threat to the US economy is 'our ability to talk ourselves into the next recession'
(DBN)

Unions urge Democrats to focus on kitchen table economics
(DBN)

More Big Companies Paying Zero Taxes: Report
(DBN)

Trump says he considered his daughter Ivanka for high-level positions at the UN and the World Bank because she's 'very good with numbers'
(DBN)

Fed will wait until after the election and then hike again, Goldman predicts
(DBN)

The Future of Economic Growth
(DBN)

One sign the economy is getting better: Fewer parents are going to college
(DBN)

Immigrants in US Send Billions Back Home
(DBN)

Why We'll Go Bankrupt Without More Immigration
(DBN)

The mountain of corporate debt will be the seed of the next financial crisis
(DBN)

Alexandria Ocasio-Cortez's favorite economic theory derided by IMF chief Christine Lagarde as no 'panacea'
(DBN)

Millions of Generation Z are out of work
(DBN)

Here’s why millennials have to fight harder than their parents did to stay in the middle class • The middle class is disappearing in countries around the world, and it means millennials won't have the same opportunities their parents did
(DBN)

Best way to help the middle class is a big increase household formation: CIO
(DBN)

Foxconn says empty buildings in Wisconsin are not empty
(DBN)

Marijuana testing for job applicants to end in New York City
(DBN)

House Democratic push to raise minimum wage opens rift over amount of hike
(DBN)

Universal Income: 2020 hopeful Yang: $1000 a month dividends would boost the economy
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

General Electric agrees to pay $1.5 billion penalty for allegations related to subprime lending unit
(DBN)

A bankruptcy lawyer embezzled tens of thousands from Kansas couple — now they may lose their home
(DBN)

How funding for distressed urban areas ended up in New York's Hudson Yards
(DBN)

Millennials might say they want to buy a house, but too many aren't doing anything about it
(DBN)

How much space you can afford to rent on a normal person’s income in the biggest US cities
(DBN)

Housing and Recessions
(DBN)

A $64 Million Mansion To Be Demolished After Court Determines It Was Illegally Constructed
(DBN)

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Municipalities:

Puerto Rico Ruling Sends Shock Through $3.8 Trillion Muni Market
(DBN)

Puerto Rico creditor group defends validity of Public Buildings Authority bonds
(DBN)

Banks fight Puerto Rico oversight board’s quest for bondholder information
(DBN)

Kemp blasts Congress for inaction on disaster aid package
(DBN)

$14Bn Spent, New Orleans Levees Sinking
(DBN)

Why is the law that spawned Flint's water catastrophe still standing?
(DBN)

Distressed communities fix hasn't worked
(DBN)

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Oil/Gas:

Jones Energy Files In BK SD TX - First Day Dec
(DBN)

Russia, OPEC may ditch oil deal to fight for market share
(DBN)

Chevron deal for Anadarko seen kicking off new merger fever in US oil patch • Why Chevron Bought Anadarko
(DBN)

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Newspapers:

Trump: New York Times Gone in 6 Years
(DBN)

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Politics:

Goldman Sachs: Trump has 'narrow' shot in 'close call' election bid
(DBN)

Elizabeth Warren is everything Hillary Clinton pretended to be
(DBN)

Post-Mueller Report, Trump Approval Back at 45% High
(DBN)

Kellyanne's BigLaw husband escalates attack on Trump's mental state
(DBN)

A Survival Guide for the Trump White House • How unusual is the turnover among top Trump officials?
(DBN)

Nadler: Trump has "no moral authority to be talking about 9/11" • Democrats unite to condemn Trump tweet linking Ilhan Omar and 9/11
(DBN)

Alexandria Ocasio-Cortez mentioned 75 times per day on Fox News
(DBN)

The Democrats’ folksiest heartland hope • Pete Buttigieg: What to know about his plan for debt-free college • Pete Buttigieg: Everything you need to know about the 2020 candidate • Pete Buttigieg has gone from totally unknown to polling third in Iowa and New Hampshire • Pete Buttigieg Helped Transform South Bend As Mayor, But Some Feel Left Out • An Indiana economist looks at South Bend’s revival under Pete Buttigieg • Secret tapes linger over Buttigieg's meteoric rise • How Mayor Pete Started to Look Presidential
(DBN)

Cory Booker's half-full kickoff rally could be miserable news for the future of his campaign
(DBN)

The 2020 candidates who have released their latest tax returns
(DBN)

Trump promised his sons would keep business out of politics. He’s admitting that was a lie.
(DBN)

Reparations: Where the 2020 Democratic candidates stand • Georgetown students vote to raise tuition by $27 per semester to pay slavery reparations
(DBN)

'This is insensitive, and it's offensive': Democratic and Republican lawmakers who served in Afghanistan condemn Rep. Ilhan Omar's 9/11 comments • In context: ‘Some people did something’ • Rep. Ilhan Omar says she has received an increase in death threats since Trump shared a video about her 9/11 comments on Twitter
(DBN)

These women were elected as democratic socialists. Now they're trying to figure out how to fit in.
(DBN)

Nancy Pelosi: Socialism "is not the view of the Democratic Party"
(DBN)

Undisclosed cash flowed at Trump inaugural ball with ties to China, embattled Saipan casino
(DBN)

The Trump campaign amassed a vast $30 million reelection war chest at the start of 2019, as much as the top 2 Democrat challengers combined
(DBN)

Fox Business host Lou Dobbs issues correction after touting fake approval numbers that Trump boasted about minutes later
(DBN)

Judge refuses to let Eyman back out of bankruptcy
(DBN)

Congressional custodial workers allege sexual harassment by lawmakers, report says
(DBN)

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Retailing:

Shopko optical to be auctioned Monday • New York company bids $8.5 million for Shopko Optical, sets base for Monday auction
(DBN)

U.S. retail stores’ planned closings already exceed 2018 total
(DBN)

Blame Debt, Not Amazon for Retail Failures
(DBN)

Sears Bankruptcy Is In Chaos
(DBN)

Neiman Marcus Pushes Refinancing, Highlighting Lenders’ Vulnerability
(DBN)

J. Crew Lenders' Battle for Madewell Could Pay Off in Spinoff
(DBN)

Freds closing 159 stores in 13 states • Fred's is closing nearly 30% of its stores • Fred's closures hitting Mississippi small towns hard • Fred's +4% after strategic review launched • Fred's to Evaluate Strategic Alternatives to Maximize Value • SB360 Retained as Exclusive Consultant to Conduct Store Closing Sales at Certain Fred’s Stores in Southeast
(DBN)

Long shadow of Toys “R” Us closure boosts competitors, leaves toymakers reeling
(DBN)

‘New team. New Selection. New Charlotte Russe’: Retailer re-opening stores, launching new website after bankruptcy announcement • Is Charlotte Russe already making a comeback? New company hints it will re-open 100 stores
(DBN)

Ross president and COO resigns
(DBN)

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Magazines:

Former 'Ebony' Publisher Declares Bankruptcy, And An Era Ends
(DBN)

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Religion:

Attorney: Guam churches, schools won't have to be sold
(DBN)

There are now as many Americans who claim no religion as there are evangelicals and Catholics, a survey finds
(DBN)

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Pharma:

Achaogen Files In DE - First Day Dec • Achaogen Files Under Chapter 11 • Achaogen Plans for Near-Term Sale Using Structured Process Through Chapter 11 of the U.S. Bankruptcy Code
(DBN)

NY AG: Purdue Pharma reps visited doctors 500,000 times in opioid push
(DBN)

Bankruptcy judge approves sale of Aceto Corp.'s drug unit for $15 million
(DBN)

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Compensation:

Do Golden Parachutes Matter? Evidence from Firms that Ultimately Filed for Bankruptcy
(DBN)

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Debt Collection:

Offering to ‘Resolve’ a Time-Barred Debt Can Violate FDCPA Absent Disclosures
(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 (40 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (16 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:

 

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Means Testing:

Updated Means Test Information for Cases Filed on and After May 1, 2019 • Updated Administrative Expense Multipliers & IRS Data
(DBN)

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Bankruptcy Reform:

Video Summary: ABI Commission on Consumer Bankruptcy Final Report
(DBN)

Many People are Too Broke for Bankruptcy. A New Report Suggests Some Fixes.
(DBN)

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Litigation:

Reflections On My First Oral Argument
(DBN)

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Claim Allowance:

Third Circuit Holds That Claims Are Disallowable Under Section 502(d) of the Bankruptcy Code No Matter Who Holds Them
(DBN)

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Advisors:

Man With Obvious Vendetta Against McKinsey Says He Has No Vendetta Against McKinsey
(DBN)

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Trustees:

BK CT Seeks Ch. 7 Trustee
(DBN)

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Cross-Border:

Proposed UNCITRAL Model Law on Enterprise Group Insolvency
(DBN)

Bankruptcy Court in Chapter 15 Case Refuses to Extend Comity to Gibbs Rule in Enforcing Croatian Settlement Modifying English-Law Debt
(DBN)

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Prepayment:

Cadwalader Attorneys Review Lender's Claim for Prepayment Premium
(DBN)

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Subordination:

Subordination Agreement Barred Bankruptcy Discovery Concerning Senior Debt
(DBN)

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Insurance:

Insurance Coverage: Thinking about the Duty to Cooperate
(DBN)

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Liens

Secured Lenders’ Interest Does Not Reach Reorganized Equity
(DBN)

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Ipso Facto:

Proceed with Caution! Understanding Ipso Facto Clauses In Bankruptcy
(DBN)

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Student Debt:

Bankrupt student loan borrowers could finally get a break
(DBN)

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Fraud:

Madoff Victims May Proceed With Suit Against Attorney
(DBN)

SNL Finally Digs Into the College-Admissions Scandal • "SNL" skewers Assange, Avenatti and Loughlin in cold open • Feds May Charge Kids in Cheating Scandal • Lori Loughlin Really Needs to Get It Together • Lori Loughlin, Mossimo Giannulli - Their Legal Situation Darkening
(DBN)

The Psychology Behind Unethical Behavior
(DBN)

Homeless Man Who Pleaded Guilty in GoFundMe Scam Agrees to Testify Against Couple He Allegedly Plotted With
(DBN)

Former Senator’s Wife Wants FBI To Investigate Alleged Bank Fraud
(DBN)

Tesla isn't the next Theranos — here are 10 reasons why
(DBN)

Fyre Festival scammer Billy McFarland and Mike 'The Situation' Sorrentino are reportedly friends in prison: 'They play Scrabble together'
(DBN)

Inside the scheme that allegedly used fake debt to steal $360 million from investors in Maryland and Virginia
(DBN)

Imagine Earning $70 Million As A Child Actor, Then Finding Out The Money Had Been Completely Squandered... By Your Parents
(DBN)

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Travel:

Man on flight 'randomly touched the faces' of passengers, sprayed unknown substance, then jumped once plane landed
(DBN)

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Climate:

Arctic is Warmest It's Been in 10,000 Years
(DBN)

Deadly storms, suspected tornadoes hit South, move east
(DBN)

Rising global temperatures are creating bubbling, methane lakes you can light on fire
(DBN)

Climate Change Will Eat Your Bond Portfolio
(DBN)

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Taxis:

Uber's disclosure that it may never be profitable coincides with the return of a danger-signal from the dot-com crash
(DBN)

Uber says the #DeleteUber movement led to 'hundreds of thousands' of people quitting the app
(DBN)

Uber warns that it could seriously damage its business if drivers were considered employees instead of contractors
(DBN)

By the end of 2019, Waymo, Uber, and GM all plan to have fleets of autonomous cars providing on-demand rides — here's how automakers can compete
(DBN)

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Personal Finance:

There’s a surprising financial upside to feeling insecure, new study finds
(DBN)

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Education:

Betsy DeVos Quietly Making It Easier for Dying For-Profit Schools to Rip Off a Few More Students on the Way Out
(DBN)

A Crisis in Confidence in Higher Ed
(DBN)

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Event Facilities:

Trolley Square says it will take care of brides, families and companies as The Falls Event Center faces possible closure
(DBN)

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Transit:

Electric scooters may not be around for long
(DBN)

Lyft-owned Citi Bike is pulling its electric bikes off the streets after brake complaints, continuing a tough week for the company
(DBN)

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UK:

Billionaire Lashes Out as U.S. Funds Invade U.K. Retail Crisis
(DBN)

Careful Consideration Can Pay Dividends
(DBN)

British Parliament in the Age of Brexit • Theresa May tells civil service to stop planning for a no-deal Brexit after spending £4 billion on it • 2 of 3 U.K. trustees preparing for Brexit • Conservative MPs fear May's Article 50 extension is the beginning of the end for Brexit • Brexit: 50% Drop in London Financial Jobs
(DBN)

Chair of troubled energy supplier URE Energy blasted by ex-investors
(DBN)

North East shoppers advised to act fast and redeem insolvent stores' gift cards
(DBN)

Barrister’s non-contractual fees “vest in trustee in bankruptcy”
(DBN)

Monsoon owner adds to deluge of shop closures
(DBN)

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PIIGS:

Greece: The 2020 tax package presents dilemma for gov't and creditors
(DBN)

Italian Bankruptcy Reforms
(DBN)

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MENA:

Top Abraaj executives arrested on U.S. fraud charges • Abraaj's Arif Naqvi: People don't have a bad word to say about me
(DBN)

Saudi women abandon their babies on the street if they give birth while unmarried
(DBN)

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India:

Creditors recover nearly half of total claims in 88 insolvency cases
(DBN)

The IBC conundrum
(DBN)

RBI's revised debt resolution rules likely post-election
(DBN)

CNLU students learn about insolvency, bankruptcy code
(DBN)

IBC bolsters responsible lending, encourages debtors to avoid default: MS Sahoo, chairman IBBI
(DBN)

NLIU Bhopal wins Ian Fletcher International Insolvency Law Moot Court Competition
(DBN)

Lenders not likely to let Naresh Goyal board Jet Airways • Striking Jet Airways pilots raise fears of collapse • Debt-stricken Jet Airways cancels all international flights • Jet Airways pilots defer strike before crunch creditors meeting -report • Crucial Monday: Jet management to push lenders for interim funds • Jet Airways pilots urge Narendra Modi to save 20000 jobs at the airline • Jet Airways: Pilots to decide on Monday whether to fly or not
(DBN)

Suven gets US court's approval to buy assets of Rising Pharmaceuticals
(DBN)

______________

Brazil:

Avianca Brasil cancels 179 flights as lessors take back planes
(DBN)

______________

Switzerland:

More Swiss bankruptcies in 2018 than ever before
(DBN)

______________

Japan:

Japan's working population drops further
(DBN)

______________

Venezuela:

Short on electricity, food and water, Venezuelans return to religion
(DBN)

______________

China:

The $18b electric-car bubble at risk of bursting in China
(DBN)

______________

South Korea:

Desperate Kumho Asiana decides to sell flagship carrier • Kumho Asiana likely to sell flagship unit in return for financial help
(DBN)

‘Some Korean SMEs Go Bankrupt after US Sanctions against Iran’
(DBN)

______________

Ukraine:

Poroshenko signs bankruptcy code
(DBN)

______________

South Africa:

Group Five plans to begin offloading assets to keep afloat
(DBN)

_____________


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