April 29, 2019

The Daily Bankruptcy News

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Law:

Law Firm Bias Cases Hinge on Meaning of Partner
(DBN)

The Big Fail Part III: Hiring—Then Firing—as Bar Pass Rates Sink
(DBN)

Big Law’s Worst-Kept Secret: Discounts
(DBN)

Baker & McKenzie Paralegal Fined for Disobeying Orders
(DBN)

2019 Law School Graduation Speaker Roundup
(DBN)

New program will pay some law school admittees to defer studies and work in public interest
(DBN)

Forging The Path That Works For You
(DBN)

How To Navigate Client Communication As A New Attorney
(DBN)

This Is What Happens When The Clooneys, Columbia Law School, The ABA, The UN, And Microsoft Work Together
(DBN)

New Wells Fargo CEO, Cravath’s Ex-Presiding Partner, Is Having The Time Of His Life
(DBN)

Attorney General William Barr may not attend Mueller report hearing over disagreement with Democrats Barr threatens to skip House hearing on Mueller report Barr threatens to cancel House testimony due to hearing format Mueller, Barr's Complicated Friendship Former US deputy attorney general Yates said if Trump was not president, he would be indicted from details in Muller report Trump's Subpoena Showdown Lindsey Graham in 1998: Ignoring Subpoenas Impeachable Inside the covert, round-the-clock dash to produce two Mueller report audiobooks Most Americans believe Trump lied to them, but think impeachment is a bad idea House Democrats Feel Little Pressure From Voters to Impeach Trump “This was a coup”: Trump escalates his authoritarian rhetoric Lindsey Graham: Russian Hacking Worse Than Kushner Says Starr report veteran says Trump's crimes are 'thousandfold' worse Rod Rosenstein Blames Obama, Praises Trump, In Parting Shots Graham: Who Cares What Really Happened
(DBN)

How to keep yourself from unwittingly becoming a Russian agent
(DBN)

Trump: Napolitano Asked Me to Pardon Friend, Put Him on Supreme Court
(DBN)

Trump re-election campaign has topped $8M in legal fees in 2 years
(DBN)

Steve Mnuchin Will Hand Over Trump’s Taxes By The Middle Of Never
(DBN)

New York’s attorney general opens investigation into the NRA as its president steps down Oliver North Forced Out as NRA President How Corruption Nearly Killed NRA Twice NRA chief Wayne LaPierre asked to resign, report says Turmoil rocks NRA meeting, but attendees back group under pressure from all sides
(DBN)

19 Year Old Gunman Kills at Calf. Synagogue Synagogue Shooter: Nursing Student, Racist Chabad synagogue shooting victims include rabbi, two Israelis and 'Woman of Valor' World leaders and politicians call for an end to anti-Semitism after deadly California synagogue shooting Poway synagogue shooting: Rabbi speaks out after surviving fatal attack Victims identified in the Chabad of Poway shooting She was at the synagogue to mourn her mother. She was killed while protecting the rabbi Synagogue Congregants Tell of Quick Action to Save Children Amid Chaos of Attack Gunmen in attacks on New Zealand mosques and Poway synagogue were tied to racist manifestos on the same website. The founder says the online community would likely be responsible for future tragedies ‘It was a hate crime’: One dead, three injured in synagogue shooting in San Diego area Synagogues struggle with security measures following attacks at houses of worship Trump said synagogue shooting 'looks like a hate crime,' but prosecutors might not White supremacist violence has a long history in San Diego Pittsburgh synagogue: Violence 'must end. Enough is enough!'
(DBN)

New York Times columnist Bret Stephens blasts paper for anti-Semitic cartoon
(DBN)

Driver who intentionally struck pedestrians in California thought victims were Muslim, police say
(DBN)

Trump denounces anti-Semitism one day after defending Charlottesville marchers Trump’s new defense of his Charlottesville comments is incredibly false Pressed on Trump 'Fine People' Comment, Conway Deflects Trump Calls Wounded Rabbi
(DBN)

Maria Butina sentenced to 18 months for Russian influence operation Russian who pleaded guilty to conspiracy sentenced to 18 months
(DBN)

KS: Top Court Upholds Abortion Rights Trump offers incendiary falsehood on abortion at rally
(DBN)

Trump says ending family separation was 'disaster' that led to surge in border crossings Peter Morici: Mass immigration poses an existential crisis for the West McAleenan: Border backlog means migrant families stay in the U.S. Why is Mexican migration slowing while Guatemalan and Honduran migration is surging?
(DBN)

How a UN effort to prevent rape turned into a fight with the US over abortion
(DBN)

Trump tried to sabotage a plan to close the gender pay gap. A judge wouldn’t have it.
(DBN)

Number of prisoners hits 9-year low, but some states are resisting the trend
(DBN)

Federal Agent: Using A Taped Box To Send Stuff Overnight Via FedEx Is Suspicious Behavior
(DBN)

New York Times dives deep on Sterling Jewelers' misconduct scandal
(DBN)

How eight 'bad grandpas' pulled off daring $20 million jewel heist
(DBN)

How American Drive-Thrus Serve Robbers and Other Crooks
(DBN)

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Judges:

Short (Judicial) Circuits
(DBN)

A judge has ruled Cantor Fitzgerald cannot enforce an arbitration agreement involving Lee Stowell, whose co-workers allegedly used her Bernie Sanders mug as a toilet.
(DBN)

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Wall Street:

Futures slightly higher amid fresh optimism on US-China trade talks
(DBN)

US stocks close higher as S&P 500, Nasdaq hit new highs
(DBN)

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Layoffs:

Auburn firm's bankruptcy leaves workers out in the cold
(DBN)

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Entertainment:

From bankruptcy to billions: How Marvel Studios came to dominate Hollywood in only a decade
(DBN)

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Electricity:

California Utility’s Plan To Prevent Wildfires Includes Shutting Off Power To 5 Million People: Report
(DBN)

Judge wrong to approve bonuses to PG&E workers
(DBN)

Legal Costs Of California's Wildfires Will Hit State Utilities' Customers
(DBN)

SF wants to pierce PG&E’s bankruptcy shield to resolve power delivery dispute
(DBN)

Why Bankrupt PG&E Isn't Trading At $0
(DBN)

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Retailing:

Death of a retailer: Creditors claim hedge fund may be to blame for Payless' bankruptcy
(DBN)

Pier 1 expresses confidence in its plan; disputes bankruptcy report
(DBN)

Amazon to give Prime customers one-day shipping, cutting free delivery time in half Labor union raises concern over Amazon’s move to one-day shipping
(DBN)

Amazon System That Tracks You, Fires You
(DBN)

Walmart employees share the wildest returns they've ever seen
(DBN)

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Personal Finance:

Your partner’s credit score reveals red flags that have nothing to do with money
(DBN)

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Travel:

Soon your driver’s license might not get you through airport security
(DBN)

Don’t let these myths about travel rewards cost you
(DBN)

Hundreds of flights canceled as Scandinavian Airlines pilots strike continues
(DBN)

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Coal:

Cloud Peak's $300 million mistake
(DBN)

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Economy:

BEA: Real GDP increased at 3.2% Annualized Rate in Q1
(DBN)

Q1 GDP: Investment
(DBN)

Outlook for US Economy Brightens
(DBN)

Trump's best selling point for reelection in 2020 is looking stronger than ever
(DBN)

Trump’s Fed pick Stephen Moore says he’s not planning to drop out of Fed consideration Stephen Moore says he would withdraw if Fed nomination becomes a liability to GOP Stephen Moore is not worried about his Fed board confirmation Fed Nominee Moore 'Embarrassed' By Sexist Sports Story Stephen Moore, Trump's Fed nominee, apologizes for past comments about women
(DBN)

The Economy Is Thriving So Hard That The Fed Better Cut Rates Yesterday, Says What’s Left Of Larry Kudlow
(DBN)

Millions of Americans are working past 65, and it's not because they can't afford to retire
(DBN)

Q1 Review: Ten Economic Questions for 2019
(DBN)

Here are the 15 jobs disappearing the fastest in the US
(DBN)

Trump's $2 trillion spending dream
(DBN)

Trump claims he can strike a trade deal with Japan by May US-China trade war talks set to resume in Beijing but big issues remain on the table Trump Steel and Car Tariffs Hit Legal Hurdle US and China need to show ‘flexibility’ on trade talks, says World Economic Forum US-China trade talks are in the ‘final laps,’ Treasury Secretary Mnuchin says In a trade deal with China, the US may get an empty shell
(DBN)

Remittances are an invisible $500 billion aid juggernaut
(DBN)

Study: Rich Guys Most Likely to Not Know What They're Talking About
(DBN)

Why There’s More Bad News Than Good in Falling Birth Rates
(DBN)

America's majority minority future
(DBN)

I'm a proud Democrat - I'm also a proud capitalist
(DBN)

FactCheck: "We’re in a situation right now where 80% of the country is living paycheck to paycheck."
(DBN)

GOP Tax Cuts Didn't Change Refunds Much
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

Mortgages? Big banks may be throwing in the towel
(DBN)

Freddie Mac: Mortgage Serious Delinquency Rate Decreased in March
(DBN)

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Municipalities:

In Puerto Rico, the odds are against high school grads who want to go to college
(DBN)

Kansas City has to ‘figure out something’ to fund ballooning pensions in tight budget
(DBN)

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Oil/Gas:

Ritchie Bros. & Gordon Brothers to sell assets of 50-year pipeline contractor Welded Construction
(DBN)

Trump: I Called OPEC, Demanded Lower Price Saudis, OPEC: No, You Didn't Call Us on Oil
(DBN)

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Aviation:

Boeing waited until after Lion Air crash to tell Southwest safety alert was turned off on 737 Max Southwest and FAA officials never knew Boeing turned off a safety feature on its 737 Max jets, and dismissed ideas about grounding them More Whistleblower Complaints Emerge in Boeing 737 MAX Safety Inquiries
(DBN)

Helicopter Bondholders Cry Foul Before Bankruptcy Court Showdown
(DBN)

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Religion:

New York Archdiocese names 120 clergy with ‘credible’ abuse allegations
(DBN)

Pope Francis donated $500,000 to help migrants in Mexico headed for the US border
(DBN)

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Student Debt:

What would happen if the US canceled $1 trillion of student debt
(DBN)

Elizabeth Warren is trying to tackle the skyrocketing cost of education with a plan to forgive student-loan debt and offer free college — but experts are divided on her ambitious idea Elizabeth Warren's plan to forgive student-loan debt is costly, but it could actually pour money into the US economy
(DBN)

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Healthcare:

Officials: Washington County Hospital reopening May 1 under new management
(DBN)

Financially-troubled Springfield Hospital plans to close birthing center early
(DBN)

Trump plans to formally give up on part of the Affordable Care Act
(DBN)

The health care industry is betting on Joe Biden in its war against Medicare-for-all
(DBN)

More than 1,000 quarantined amid measles fears at Los Angeles universities Trump, once vaccine skeptic, changes his tune amid measles outbreaks U.S. measles outbreak raises questions about immunity in adults
(DBN)

Infertility treatment is burying families in debt as they choose to have children later in life
(DBN)

FactCheck: "One out of 4 diabetes patients in our country cannot afford their insulin."
(DBN)

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Agribusiness:

Wisconsin Milk Farmers Face Extinction Wisconsin Dairy Farmers Going Bankrupt in Record Numbers
(DBN)

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Newspapers:

The Dying Newsroom Shaping US Primaries
(DBN)

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Autos:

Tate's Auto shuttered in bankruptcy proceeding
(DBN)

Chinese electric car maker BYD reports 632% jump in profits as Tesla falters
(DBN)

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Transit:

Hut Airport Shuttle files for Chapter 11 bankruptcy, poised to sell for $2.5 million
(DBN)

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Trucking:

Trucking company plans to buy bankrupt NEMF’s affiliate fleets
(DBN)

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Pharma:

FactCheck: "Big pharmaceuticals pay off — they literally pay off — generics to keep the prices and the competition off the market."
(DBN)

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Mass Torts:

Talc supplier's bankruptcy could be what Johnson & Johnson needs to bring order to costly asbestos litigation
(DBN)

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Maritime:

Chinese shipbuilder visits Croatia for talks on ailing dock
(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 (26 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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Banking:

April 2019: Unofficial Problem Bank list increased slightly to 73 Institutions
(DBN)

Deutsche Bank is On the Ropes
(DBN)

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Fraud:

Justice Department asks judge to put a hold on SEC case against former Theranos chief operating officer
(DBN)

A Moral Compass—A Guide to Celebrity-Focused Morals Clauses
(DBN)

____________

Politics:

Here are the biggest endorsements all the 2020 Democratic presidential candidates have received so far
(DBN)

Congress returns to confront impeachment, infrastructure and more
(DBN)

Here’s the Donald Trump cartoon the New York Times keeps apologizing for
(DBN)

Wall Street Democrats on 2020 field: "There’s tremendous fear." Trump will win in 2020, investment managers say in Barron’s Big Money poll
(DBN)

Populist economic frustration threatens Trump's strongest reelection issue, Post-ABC poll finds
(DBN)

Biden, Sanders Stake Out Ideological Poles of Democratic Race
(DBN)

How Joe Biden's greatest strength could become a weakness Joe Biden wins some early Congressional support, but former colleagues see challenges ahead Anita Hill Left ‘Deeply Unsatisfied’ By Joe Biden’s ‘Apology’ Why doesn’t Joe Biden just apologize? Biden picks up endorsement of firefighters union as he courts labor
(DBN)

Despite record diversity, 70-something white men rule 2020 race
(DBN)

Inside Pelosi and Schumer's Trump meeting prep
(DBN)

How 9 of the 2020 Democrats plan to take on Trump
(DBN)

Young people, women, voters in cities: how Democrats won in 2018, by the numbers
(DBN)

A Democratic fiscal manifesto
(DBN)

A political scientist on the rise of white identity politics in America
(DBN)

Sam Donaldson on Sara Sanders
(DBN)

How the mayor’s children’s books set off a scandal in Baltimore
(DBN)

Brennan Slams Trump's Rambling
(DBN)

Mar-a-Lago: Hires Foreigners Over Americans
(DBN)

President Trump has made more than 10,000 false or misleading claims
(DBN)

We Wouldn’t Have Let Obama Get Away With This
(DBN)

Trump Withdraws  from UN Arms Treaty
(DBN)

Nearly 300 ballot counters have died of exhaustion following the world’s biggest election
(DBN)

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Celebs:

Prince's Sister Claims His Estate Will Be Bankrupt By The End Of The Year
(DBN)

'American Chopper' Star Paul Teutul Sr. Being Accused of Sidestepping Bankruptcy
(DBN)

Will Smith Was Worried About a ‘PR Nightmare’ When He Loaned $1.4 Million to Friend Duane Martin
(DBN)

Leo DiCaprio’s Model Ex-Girlfriend Erin Heatherton Files for Bankruptcy
(DBN)

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Crypto:

Crypto world keeps faith in Tether, even with news of fraud investigation
(DBN)

We all become MF Global eventually, Tether edition
(DBN)

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Non-Profits:

Facing money woes, United Way of Southern Illinois halts donations to nonprofit organizations
(DBN)

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Sovereigns:

China repeating mistakes of past international creditors: civil society group
(DBN)

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UK:

Creditors cry foul over HMRC's move up the insolvency ladder
(DBN)

KPMG criticized over Patisserie Valerie conflict of interest
(DBN)

S&W threatens 'outrageous' mini-bond trustees with law suit
(DBN)

Administrator reveals what collapsed online estate agency sold for in pre-pack deal
(DBN)

There's No Escaping Brexit, Even at the Pub
(DBN)

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Canada:

Purchase offer for bankrupt Clarenville shipyard accepted by receiver
(DBN)

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India:

How bankruptcy regulator hard sells stressed assets to global funds
(DBN)

Top legal luminaries deliberate on Insolvency & Bankruptcy Code at India Legal Conclave
(DBN)

Jet Airways' employee allegedly commits suicide
(DBN)

Jet Airways’ problems are far bigger than just the money it owes the banks
(DBN)

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Japan:

Over 13% of Homes in Japan are Abandoned
(DBN)

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MENA:

How Saudis Fugitives Flee America with Help
(DBN)

Saudi Arabia mass execution – 16-year old tortured with electricity and beheaded for sending WhatsApp messages about protests Body of crucified criminal was put on public display in Saudi Arabia following 37 executions Saudi Arabia’s Medieval executions including for ‘sorcerers’, homosexuals and the mentally ill
(DBN)

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Singapore:

Hyflux CEO Olivia Lum vows to get $1 annual salary until firm ends restructuring
(DBN)

Singapore closer to becoming Asia's debt restructuring hub
(DBN)

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