April 18, 2019

The Daily Bankruptcy News

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Law:

What Do Women Want? Law Firms Are Clueless.
(DBN)

Equity and Nonequity Partners Are on Divergent Paths
(DBN)

Kamala Harris Tax Returns Show Husband Doug Emhoff’s Biglaw Haul From DLA Piper
(DBN)

Goodwin Names New Chair, Managing Partner
(DBN)

The Best Law Schools For Practical Training
(DBN)

February 2019 MBE bar scores bounce back from all-time lows
(DBN)

Feds Bust Phony Lawyer Whose Website Cribbed From Cravath
(DBN)

Bar Exam MBE Scores Increase For First Time In 5 Years
(DBN)

Buttigieg Worked With Jenner, and Warren Went With Perkins Coie: Disclosures
(DBN)

Can Lawyers Who Have Been Convicted Of Crimes And Disbarred Ever Practice Again?
(DBN)

Whittier Law School Will Welcome Back Former Students Who Transferred To Western State Now Facing Closure
(DBN)

Michael Cohen's Court Battle With Trump Over Legal Fees Is a Total Dumpster Fire
(DBN)

The Mueller Report Will Be Released on Thursday. Here’s a Guide Attorney General Barr will hold a press conference to discuss Mueller report at 9:30 am ET Democrats furious at Attorney General Barr for Mueller report rollout White House and DOJ Discussed Mueller Report Before Release The Mueller Encyclopedia Mueller report will redact some information related to Roger Stone case Here’s what Attorney General William Barr is redacting from the Mueller report Here's What Experts Are Looking For in Mueller Report Rod Rosenstein Lauds Barr Before Mueller Report Release 7 Things to Watch For in the Redacted Mueller Report The normal person's guide to the Mueller report Mueller report: What witnesses expect ahead of its release What Will Really Matter in Mueller Report? Why Won’t Barr Just Release the Mueller Report? Legal Experts on Mueller Report Release Mueller report release spirals into political gamesmanship The fight over what we won’t see in the Mueller report
(DBN)

Trump Admin Reportedly Refusing to Give Up Records Detailing Security Clearances, Foreign Meetings Trump ‘Fighting Us on Everything,’ House Probe Dems Say
(DBN)

Barr's Been Accused of a Cover Up Before
(DBN)

William Barr Should Just Resign
(DBN)

Ty Cobb Gave Trump Solid Advice
(DBN)

NY Times: Everyone’s Income Taxes Should Be Public
(DBN)

Florida prosecutors say they will release video of Patriots owner Robert Kraft at massage parlor Judge temporarily halts Florida prosecutors' plans to release Robert Kraft surveillance video
(DBN)

Alleged Epstein Victim Sues Alan Dershowitz, Accuses Him of ‘Hiding Crimes Behind a Curtain of Lies’
(DBN)

Chicago prosecutor feared her office overcharged 'washed-up' Smollett
(DBN)

Kim Foxx Text Reveals Michael Avenatti Nearly Got Involved in the Jussie Smollett Case It Looks Like Avenatti Fell for Hoax About Nike Paying College Basketball Star’s Mother
(DBN)

AG Barr orders detention of some asylum-seekers who pass credible fear interviews pending case resolution Senators press acting ICE director over ‘deficiencies’ at prison facilities DHS Panel Wants to Take Migrant Children’s ‘Biometrics’ Trump Orders Thousands More Troops to Border GOP chairman to propose tighter asylum standards amid border surge Arizona city overwhelmed by migrants declares state of emergency
(DBN)

Lawyer says she’s entitled to crime victim protections for alleged secret police recording at her office
(DBN)

Best True Crime Documentary — The Finals
(DBN)

GoFundMe campaign raises more than $700,000 for boy thrown off mall balcony
(DBN)

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Judges:

Bankruptcy Judge Barbara J. Houser Named ABI President-Elect ABI Elects New Officers, Directors During 2019 Annual Spring Meeting
(DBN)

Bungling court staff insisted judge do jury duty in his own case
(DBN)

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Wall Street:

Dow futures slip ahead of more earnings and economic data
(DBN)

Health care companies lead US stocks lower; small-caps slump Stocks close lower as health-care sector drags on market
(DBN)

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Layoffs:

Ethan Allen to lay off 325
(DBN)

Promedica to eliminate another 100 positions
(DBN)

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Politics:

There's a growing amount of evidence that Trump has a great shot of being reelected in 2020
(DBN)

GOP Sen. Rick Scott: ‘If you like Bernie Sanders, why don’t you go ahead and move to Caracas?’
(DBN)

The 2020 Race Is Going Just Like Bernie Sanders Wanted
(DBN)

'Middle-class Joe' cozied up to credit card companies and made filing for bankruptcy harder
(DBN)

Elizabeth Warren Praises Ocasio-Cortez: Last Year, She Was Taking Orders at a Bar. Now, Millions Are Taking Cues From Her 'GOP's getting scared': Ocasio-Cortez swipes back after Republican rep rescinds coal mine invite
(DBN)

Pete Buttigieg Faces Anti-Gay Protests Rising star Pete Buttigieg enlists Obama and Clinton fundraisers for 2020 presidential run
(DBN)

North Korea rejects Pompeo from nuclear dialogue
(DBN)

Rick Perry Next to Bail From Trump Administration
(DBN)

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Healthcare:

Judge keeps Hillsboro Hospital out of Empower’s hands Attempt to move bankruptcy case out of state denied
(DBN)

KPC Group gets court approval to acquire four Verity hospitals Verity Health System Receives Court Approval of Stalking Horse Agreement for Sale to The KPC Group Judge approves $610 million sale of four California hospitals, including Seton Medical Center
(DBN)

UnitedHealth on pace for its worst month in 10 years as ‘Medicare for All’ talks worry investors
(DBN)

Medicare-for-All fears cause CT insurers' stocks to slide
(DBN)

60 medical professionals indicted in sweeping opioid bust
(DBN)

Why nurses are striking
(DBN)

Flight attendant in coma after contracting measles Man On Trip From NY Infects 38 People
(DBN)

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Transit:

New York transit crisis opens the door to self-driving cars
(DBN)

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Football:

AAF officially files for bankruptcy Alliance of American Football Files For Bankruptcy AAF files for Chapter 7 bankruptcy, owes about $9.6 million to creditors Football league files for bankruptcy liquidation in San Antonio
(DBN)

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Telecoms:

Windstream, Other Bankruptcies Have Partners Talking
(DBN)

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Festivals:

Fyre Fest Bankruptcy Trustee Issues Subpoenas for Hulu, Netflix, Stubhub & Billy McFarland's Mom Fyre Festival’s trustee hopes Netflix and Hulu can pay some of its debts
(DBN)

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Agribusiness:

Trends Show Chapter 12 Bankruptcies Not Rising At An Alarming Rate
(DBN)

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Coal:

Renewables are pulling ahead in formerly coal-heavy states
(DBN)

A Coal Miner’s Less-Is-More Lesson for Oil Frackers
(DBN)

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Corporate Reform:

Trump appointee to turn Wall Street watchdog CFPB into financial literacy program
(DBN)

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Student Debt:

This new policy could save military members tens of millions of dollars on their student loans
(DBN)

An Idea for Student Loans: Get Rid of Them
(DBN)

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Economy:

Fed's Beige Book: Economic Growth "Slight to moderate", Labor Market "Tight" U.S. labor market remains tight, economy continues to grow: Fed Beige Book Labor shortages, trade uncertainty weigh on US economy: Fed report
(DBN)

Herman Cain says won't quit bid for Fed seat: report
(DBN)

US trade deficit falls in February as shortfall with China decreases 28% Trade Deficit Decreased to $49.4 Billion in February Trade Gap Narrows to Eight-Month Low on Plane Exports
(DBN)

The world's largest hedge fund breaks down how the US workforce got screwed over the past 20 years
(DBN)

The low-wage benefit for U.S. companies is over
(DBN)

Latest Fed GDPNow forecast: 2.4 percent
(DBN)

US recession looks less likely in 2020, boosting Trump's chances of reelection
(DBN)

CFO Survey: Recession Expected by Late 2020 Two-thirds of American CFOs predict a recession by the summer of 2020, survey finds Growth Continues, but Risk of Recession Looms Larger, Economist Says Is it time to worry about the next recession?
(DBN)

‘Junk’ bonds are off to best start to year since 2009, as ‘soft landing’ hopes take hold
(DBN)

Retirees are flocking to these 3 states — and fleeing these 3 states in droves
(DBN)

Millennials are worried that a stock-market crash could derail the US economy
(DBN)

Nearly 60% Of Millennials Look To Lottery For Retirement, Survey Says
(DBN)

Ivanka Trump says her dad asked if she wanted to lead the World Bank, but she turned it down Ivanka: I'm Qualified to Run World Bank
(DBN)

60 companies paid no federal income tax on $79,000,000,000
(DBN)

EU proposes tariffs on £15bn of US products in Boeing row How the US-China Trade War Has Reached a Turning Point A lasting US-China trade deal boils down to one thing: enforcement U.S., China aim to have signed trade deal as soon as Memorial Day U.S. and Chinese companies fear Trump’s coming trade war on car industry
(DBN)

Warren Has A Good Beginning For Ending Corporate-Tax Avoidance
(DBN)

Anti-tax Republicans softening on idea of gas tax increase
(DBN)

Employers Dropping Zero Tolerance Drug Tests
(DBN)

Immigrants Propel Population Growth in 10% of U.S. Counties
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

Landlord Bankruptcy: A Tenant Is Not Out of Options If the Landlord Rejects Its Lease
(DBN)

Lawler: Early Read on Existing Home Sales in March
(DBN)

AIA: "Architecture Billings Index backslides in March"
(DBN)

MBA: Mortgage Applications Decreased in Latest Weekly Survey
(DBN)

Trump Tax Bill Hurt the Housing Market
(DBN)

Philly's Ciardi Ciardi & Astin Fighting Malpractice Suit Over Florida Foreclosure
(DBN)

Ditech says its reverse mortgage business is unprofitable
(DBN)

9 Cities Where Home Prices Could Be About to Crash
(DBN)

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Municipalities:

Puerto Rico Spending Over a Billion with McKinsey
(DBN)

Creditor group seeks to wrest probing power from Puerto Rico board
(DBN)

Puerto Ricans Concerned That $20 Billion Recovery Plan Is ‘Not For The People‘
(DBN)

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Oil/Gas:

Trump’s Iran strategy collides with oil market realities
(DBN)

$4.016 a Gallon, California has the Highest Average Gas Prices
(DBN)

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Autos:

Automakers envision a business model for AVs: selling miles, not cars
(DBN)

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Food/Beverage:

Kona warns that bankruptcy is possible
(DBN)

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Retailing:

Plan Optionality: Extreme Edition (A Pick-Your-Own-Adventure Restructuring with Shopko)
(DBN)

Shopko optical: Sole bid would run 42 Wisconsin stores; sale up for judge's approval Thursday
(DBN)

Pier 1 weighs store closings Pier 1 Imports to close up to 145 stores in yet another attempt to stall steep decline Pier 1 shares sink as CFO quits, fourth-quarter results disappoint Struggling Pier 1 Imports to close 45 stores this year, cut $110 million in costs
(DBN)

Bankrupt retailer Payless looking at sale of Latin America business
(DBN)

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Furniture:

Dessin Fournir, subsidiaries file for bankruptcy; Comeau properties foreclosed
(DBN)

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Apparel:

Cambridge-based Canadian-Made Apparel files for bankruptcy
(DBN)

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Crypto:

Virginia Beach cryptocurrency company files for 'reorganization bankruptcy' one year after headquarter expansion
(DBN)

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Cannabis:

CWNevada cannabis company files for Chapter 11
(DBN)

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Advertising:

Judge blocks Spectrum ads suggesting Windstream customers will be hurt by bankruptcy
(DBN)

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Television:

LBI Media Obtains Court Approval for Plan of Reorganization
(DBN)

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Debt Collection:

Could debt collectors send you texts, emails? Consumer groups fear CFPB may allow it.
(DBN)

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Pharma:

Fact Check: Did Trump Bring Down Drug Prices for the First Time in 50 Years?
(DBN)

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Climate:

NASA Confirms Global Warming Trends
(DBN)

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Mining:

Cleveland-Cliffs drops lawsuit against Minnesota DNR
(DBN)

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Religion:

Church membership in U.S. plummets
(DBN)

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Distressed Investing:

Cerberus raises $5.1bn to buy bad loans
(DBN)

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New Bankruptcy Opinions
(3 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (14 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (9 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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Discharge:

Argument preview: Justices to consider sanctions for violating bankruptcy discharge
(DBN)

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Litigation:

Corporate Deposition Changes Move Forward Without ID Duty
(DBN)

Boies Schiller, IMF Bentham Form New Disputes Fund
(DBN)

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Ch. 13:

Schedules of Actual Administrative Expenses of Administering a Chapter 13 Plan (Cases Filed On or After May 1, 2019)
(DBN)

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Discovery:

Subordination Agreement Prevents Rule 2004 Examination
(DBN)

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Consignments:

An Unresolved Issue at the Intersection of Consignment and Bankruptcy Law Decided
(DBN)

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Fraud:

Parents in College Scandal Make a Legal ‘Declaration of War’ Lori Loughlin Is 'Stressed' Out About All the Memes and Jokes Lori Loughlin’s Latest Defense: We ‘Feel Manipulated,’ Thought We Were ‘Breaking Rules, Not Laws’ Lori Loughlin Outraged by Public's Comments For Lori Loughlin, ‘parenting on steroids’ could be a defense in college admissions scandal Lori Loughlin 'very afraid' of one thing in college admissions scandal Felicity Huffman Should Get Prison Time in Admissions Scandal, Prosecutors Say Felicity Huffman Is Facing A Prison Sentence Because She Spent $.01 Too Much On College Testing Scheme Alexandria Ocasio-Cortez slams justice system amid reports of Felicity Huffman’s alleged prison sentence Lori Loughlin’s Daughter Bella Giannulli Deletes Instagram Amid College Admissions Scandal The next phase of the college admissions scandal
(DBN)

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Electricity:

FirstEnergy Solutions warns of higher prices if nuke plants close
(DBN)

In a Time of Cheap Fossil Fuels, Nuclear Power Companies Are Seeking — and Getting — Big Subsidies
(DBN)

To Address Wildfire Threats, California’s Regulatory Approach Said to Need Overhaul
(DBN)

FBI to test PG&E equipment in Camp Fire criminal investigation
(DBN)

PG&E creates world-class hangover for wind and solar investors PG&E wildfire-linked bankruptcy imperils big Bay Area green energy project
(DBN)

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UK:

How do you “undo” a business in the UK? A guide to UK practice
(DBN)

Nigel Farage’s new Brexit Party leads U.K. European elections poll
(DBN)

Brides devastated as Scottish ‘Game of Thrones’ castle cancels weddings as bankruptcy looms Trustee appointed to deal with bankrupt wedding venue
(DBN)

Pelosi's warnings on Brexit, Irish peace pact trigger tense talks with British What Will It Cost England to Leave the EU Backstage at Brexit summit: Huddles, deals, delicate dance
(DBN)

House price growth at six-year low
(DBN)

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EU:

Investors are worried about European bank earnings — here is all you need to know
(DBN)

Germany slashes growth forecast as trade prospects worsen
(DBN)

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PIIGS:

The Italian Insolvency Code: New Tools for Managing a Crisis
(DBN)

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India:

Chaos after one of the biggest airlines in the world suddenly collapsed India's 2nd-largest airline is shutting down after running out of money Jet Airways' next destination may be bankruptcy court Jet Airways cancels all flights as banks decline emergency funding 20000 Jobs at Stake as Jet Airways Grounds Flights Lessors rush to repossess 4 more Jet Airways' Boeing 737 planes ‘Feel sorry for Jet Airways’: Vijay Mallya rebukes Centre for ‘bailing out Air India’ India's Jet Airways finds itself out of runway as funds dry up Jet Airways timeline: How the 'Joy of Flying' airline's dreams soured Jet Airways' lenders hope bidding process can save airline Lenders ‘hopeful’ India’s Jet Airways will get new owner 'Can't sleep at night': Despair over jobs as India's Jet Airways grounded
(DBN)

The deadbeats strike back - India's bankruptcy code collides with reality
(DBN)

Banks want 90% lenders’ nod for resolution
(DBN)

Vijay Mallya fails to convince UK court to dismiss Indian banks' attempt to recover dues
(DBN)

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Croatia:

Bankruptcy Hearing for 3. Maj Shipyard Moved to 5 June
(DBN)

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France:

As Rich Lavish Cash on Notre-Dame, Many Ask: What About the Needy?
(DBN)

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China:

The King of Debt Has a $35 Billion Fortune and Lots of Doubters
(DBN)

China's economic growth beats forecasts China's economy picks up as companies pile on debt, survey finds
(DBN)

Chinese block visit of Trump confidant
(DBN)

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Singapore:

Singapore seizes water plant from Hyflux after launching accounts probe
(DBN)

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Venezuela:

Creditors are coming for Venezuela's assets
(DBN)

US Court Ruling On Citgo Could Have Major Repercussions For Venezuela's Leadership
(DBN)

Trump’s Venezuela Policy: Slow Suffocation
(DBN)

Venezuelan scavengers vie with vultures for trash
(DBN)

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MENA:

Brunei to Europe: Don't worry. We probably won't stone too many gay people to death.
(DBN)

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Netherlands:

Circle files for bankruptcy for Dutch companies
(DBN)

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Barbados:

No timeline but debt deal talks on, says Worrell
(DBN)

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Brazil:

Brazilian airline Avianca to return eight planes after Easter
(DBN)

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