February 4, 2019

The Daily Bankruptcy News

View prior editions: Click Here
View prior case summaries: Click Here
Search prior headlines: Click Here
Search prior case summaries: Click Here

Format For Mobile Device



Law:

More Evidence Rolls In: Law Firms Boosted Revenues, Profits in 2018
(DBN)

Move Over Big Law. It's Time for an 'Alternative.'
(DBN)

GCs Are Offering Work on a Silver Platter - and Law Firms Aren't Taking It
(DBN)

‘First Mondays’ Host Ian Samuel Placed on Leave by Law School
(DBN)

This Biglaw Firm Is Defunct, But Not Forgotten
(DBN)

FYI Biglaw Associates: Now Is The Time To Do Financial Planning
(DBN)

IBM Watson in Quiet Talks With Law Firms to Expand AI Offerings
(DBN)

Is An ‘Unhealthy’ Lawyer An Unethical Lawyer?
(DBN)

Ex-Greenberg Traurig Leader Bass Starts Diversity Institute
(DBN)

Citgo Said to Hire Lawyers to Weigh Options Including Bankruptcy
(DBN)

Your Super Bowl Boxes Are Almost Certainly Illegal
(DBN)

Personal Injury Lawyers Star in Super Bowl Ads of Their Own
(DBN)

A fine job isn’t enough to help your clients win
(DBN)

Proposed model rules for online legal document companies go back to the drawing board
(DBN)

This public defender was juggling 195 felony cases at once; ‘the workload can be overwhelming’
(DBN)

Is There a Lack of Civility in the Legal Profession? Lawyers in Texas Say ...
(DBN)

Judge Warns Roger Stone This Is 'Not a Public Relations Campaign' A new filing by Special Counsel Robert Mueller shows how Russia uses the federal courts to go after its adversaries Trump: It’s up to attorney general whether Mueller report gets made public Trump said 'you have to get rid of' the Russia probe and parroted a Kremlin talking point in a wide-ranging interview Don Jr's Phone Calls Were to a Link to Moscow
(DBN)

Saints fans can’t force a missed-call do-over with a writ of mandamus, judge rules
(DBN)

The Pentagon says it will deploy another 3,750 US troops to the Mexican border A simple technology could secure the border for a fraction of the cost of a wall — but no one's talking about it
(DBN)

Appeals Court Says A Person Driving A Registered Vehicle On A Public Road Is Not ‘Reasonably Suspicious’
(DBN)

‘You Should Be Ashamed Of Yourself’: Lady Gaga Sounds Off Against Celebrity Lawyer In Deposition
(DBN)

Major DNA Testing Company Sharing Genetic Data With the FBI
(DBN)

Did the Couple Killed by Houston Officers Know Who the Armed Intruders Were?
(DBN)

Shaped by False R--- Case, Former Duke Lacrosse Player Becomes Lawyer
(DBN)

“‘Vicious’ And ‘Brutal'” — Life Inside a Freezing Federal Prison With No Heat
(DBN)

Cop Russian Roulette Story Gets Stranger
(DBN)

Robs Bank, Makes Escape with Electric Scooter
(DBN)

4 Year Old Shoots Pregnant Mom in Face
(DBN)

______________

Judges:

Confidence in judiciary drops, poll finds; which SCOTUS justices are favorites?
(DBN)

PACER Is Getting Dragged And I’m Here For It
(DBN)

Hundreds of immigrants show up for hearings that never got scheduled, causing ‘mass chaos’
(DBN)

The Best Law School If You’re Interested In A Federal Clerkship
(DBN)

John Roberts’s Biggest Test Is Yet to Come
(DBN)

Sen. Collins Received Numerous Out-of-State Donations Following Her Pivotal Kavanaugh Vote: Report
(DBN)

Two years in, Trump's appeals court confirmations at a historic high point
(DBN)

______________

Wall Street:

Stock futures flat as investors await Alphabet earnings
(DBN)

Stocks close mostly higher after blockbuster January jobs report
(DBN)

The most disappointing earnings season in years has turned into a 'minefield'
(DBN)

A ‘baby bear’ market scared the Fed into pausing and history shows that can lead to big comebacks
(DBN)

______________

Layoffs:

Why Electrolux pulled the plug
(DBN)

GM restructuring puts thousands of auto-parts jobs in jeopardy
(DBN)

GM to Start Firing Thousands on Monday
(DBN)

Washington Examiner fires reporters while other journalists depart in the wake of the Weekly Standard’s sudden shuttering
(DBN)

Musk Blames SpaceX Firings on Insane Projects
(DBN)

______________

Politics:

Deutsche Bank reportedly refused Trump a loan during the 2016 campaign after considering the possibility that they would have to seize assets of a president Trump sought a loan during the 2016 campaign. Deutsche Bank said no Trump's Deutsche Bank loan leak foreshadows coming investigations
(DBN)

Deutsche Bank reportedly scrambled to jettison a $600 million loan it made to a Russian state-owned bank in 2016, amid questions over election meddling
(DBN)

Current and former officials compare Trump to a toddler and say his attacks on the intel community create a goldmine for foreign governments Inside President Trump's Troubled Intelligence Briefings Trump doubles down on criticism of US intelligence while GOP lawmakers call for him to stop US intelligence agents were reportedly warned not to tell Trump findings that contradict his public comments
(DBN)

Trump Brags He Forced Mattis to Quit
(DBN)

Trump's Super Bowl Sunday Interview
(DBN)

Trump is teasing potential bombshells for his State of the Union address. They could include a national emergency over the wall, and a new summit with Kim Jong Un
(DBN)

Trump Suspends Arms Treaty Russia Follows Trump in Suspending Arm Deal The US and Russia are both throwing out a 31-year-old Cold War nuclear truce because neither country believes the other is keeping its promise
(DBN)

Trump's favorite compliment
(DBN)

Virginia Gov. Ralph Northam admits he appeared in 1984 yearbook photo featuring 'racist and offensive' blackface costume A Klan Hood Has Always Been a Klan Hood Gov. Ralph Northam reveals he used blackface for a talent show in which he danced like Michael Jackson Lawmakers appear on Sunday TV shows to call for Virginia Governor Ralph Northam's resignation over a racist yearbook photo Here’s everyone calling on Virginia Gov. Ralph Northam to resign Virginia Governor Meets with Staff and Considers Resignation 'No defense for that shockingly racist photograph': Democrats are calling for Gov. Ralph Northam's resignation after he appears in racist 1984 yearbook photo 'It is definitely not me': Virginia Gov. Ralph Northam refuses to resign and denies he appeared in racist photo despite later blackface incident
(DBN)

Ryan Files Ethics Complaint on Steve King
(DBN)

Read Trump's "Executive Time"-filled private schedules A leaked schedule shows Trump reportedly spends up to five hours a day on 'executive time,' and he doesn't hold his first official meetings until the middle of the day Read Trump's "Executive Time"-filled leaked private schedules
(DBN)

Kamala Harris Chuckling About Bullying Poor People Should Be Disqualifying — That It’s Not Says Something Deeply Disturbing
(DBN)

Mike Bloomberg isn’t running as an independent and says Howard Schultz shouldn’t either
(DBN)

Russia just pulled out of a nuclear arms treaty, but Putin says he'll only deploy new missiles if the US does
(DBN)

Trump wary of his son Barron playing football, calling it ‘a dangerous sport’ What a lifetime of playing football can do to the human brain
(DBN)

"Someone did not do their due diligence." How an attempt to review Texas' voter rolls turned into a debacle
(DBN)

The NRA's Decline in America
(DBN)

______________

Autos:

Six months later, Reagor-Dykes customers still dealing with fallout from company’s bankruptcy
(DBN)

Anonymous Tesla shorts who snap pics of Tesla parking lots have a new website Tesla Model 3 Sales Plunged 74% in January
(DBN)

Ward's Automotive Reports ends after 96 years
(DBN)

______________

Festivals:

Tomorrowland Decorator & Stage Designer Goes Bankrupt
(DBN)

The Fyre Festival documentaries have exposed the moral bankruptcy of influencer culture
(DBN)

______________


Economy:

ISM Manufacturing index Increased to 56.6 in January
(DBN)

January Employment Report: 304,000 Jobs Added, 4.0% Unemployment Rate Comments on January Employment Report Here's what the jobs report tells us
(DBN)

Q4 GDP Forecasts: Mid 2s
(DBN)

Wages for low-income workers are rising, so . . . companies are looking to automation
(DBN)

Troubling Reality of US Job Growth
(DBN)

42% of New Yorkers have lived in poverty at some point in the past three years
(DBN)

Has the U.S. economy found a sweet spot? Job creation is soaring, but not inflation
(DBN)

Tariff Uncertainty Sparks Mitigation Steps The Unpredictable Rise of China Trump is copying the failed trade policies of both Mexico and India US Farmer: Need to Get Things Back to Normal Trump trade-war comments give stocks meager boost amid thin trading during 'Year of the Pig' celebrations
(DBN)

The four-day work week gets a plug from Davos experts The four-day work week is fantastic news for gender equality
(DBN)

The Next Financial Crisis Could Be Caused by Climate Change
(DBN)

Why you can’t solve the gender pay gap by focusing on pay
(DBN)

Foxconn reiterates commitment to Wisconsin, but the devil is in the details, of which there are few The Foxconn Deal is a Complete Mess Taxpayers Already Spent Money on Foxconn
(DBN)

The next gig economy will be on-demand knowledge
(DBN)

How likely is it that Social Security will go broke?
(DBN)

US infrastructure is crumbling, and it needs lots of federal money to fix it: Civil engineer group
(DBN)

Millennials are flooding into these 25 US cities to find good jobs and earn more money
(DBN)

How much money you take home from a $75,000 salary after taxes, depending on where you live
(DBN)

Junk Debt Is Back
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

Buyer Beware - Following a Section 363 Sale and Lease Rejection, Debtor's Tenant May Have Right to Retain Leasehold and Reduced Rent
(DBN)

Construction Spending increased in November
(DBN)

The US housing market has been battered amid soaring home costs — here are the most affordable cities for millennials to buy a home right now
(DBN)

Selected Operating Results from Large Publicly-Traded Home Builders
(DBN)

The way most Americans buy a home could be one of their biggest hurdles to getting rich, says an author who studied 10,000 millionaires
(DBN)

Cory Booker and Kamala Harris’s affordable housing plans, explained
(DBN)

____________

Oil/Gas:

Another large drop in rig counts
(DBN)

As Weatherford slides deeper in red, CEO rules out bankruptcy
(DBN)

Oil hits 2019 high near $64 on Venezuela sanctions, OPEC
(DBN)

______________

Museums:

The Museum of Failure’s founder has a failure of his own: personal bankruptcy
(DBN)

______________

Personal Finance:

The risk of thinking of your job as a higher calling
(DBN)

Parents: Stop controlling your kids’ lives and let them find their own way
(DBN)

______________

Education:

Will Anyone Save Black Colleges?
(DBN)

How College Got So Expensive in America
(DBN)

______________

Food/Beverage:

Kosher supermarket 'Seasons' relaunching under new ownership
(DBN)

Alabama catfish, feed producer files for bankruptcy
(DBN)

______________

Retailing:

Charlotte Russe files for bankruptcy, as it looks to close 94 stores Charlotte Russe Holdings Corporation Files Voluntary Chapter 11 Bankruptcy Petition in U.S.; Pursues Going Concern Sale of Business First Day Dec
(DBN)

Bystanders of Sears' downfall will get their day in court Monday
(DBN)

Sears' moment of truth is coming
(DBN)

Will Sears survive? 5 things to watch at Monday's hearing to decide the company's fate
(DBN)

Sears Hearing Could Determine the Troubled Retailer's Future
(DBN)

Sears Deal Faces Obstacles
(DBN)

Lampert's Sears Takeover Effort Runs Into Pension Insurer Objection
(DBN)

Elizabeth Warren blasts Sears buyer as a ‘practitioner of predatory capitalism’
(DBN)

Petland Discounts Becomes the Latest Victim of Retail Apocalypse
(DBN)

Retailers like Shopko, Macy’s, Sears and Gymboree face uncertainty in 2019
(DBN)

Mall Owner CEO Concerned About Retail Bankruptcies Continuing In 2019 Country's Biggest Mall Owner Warns Retail Apocalypse May Not Be Over
(DBN)

Whole Foods isn’t priming Amazon’s pump
(DBN)

Amazon reports record-breaking holiday sales and earnings, but investors aren’t impressed
(DBN)

Retailers from Gap to Ralph Lauren are giving up on their flagship stores — and experts say others will have to make big changes to keep the store model from dying
(DBN)

Catalina expected to emerge from Chapter 11 bankruptcy after court approves plan
(DBN)

______________

Crypto:

Canada's Largest Crypto Exchange Files for Bankruptcy
(DBN)

NEM Foundation Responds to Community Concerns Surrounding Recent Bankruptcy Rumors
(DBN)

This crypto exchange can't repay $190 million to customers because the CEO died with the only password
(DBN)

______________

Student Debt:

Navient, Sallie Mae must face lawsuit over collecting debt from bankrupt students
(DBN)

Over 60, and Crushed by Student Loan Debt
(DBN)

______________

Maritime:

Hanjin’s rehabilitation receiver resigns
(DBN)

______________

Hedge Funds:

Investors are asking hedge funds to move to a '0-and-30' fee model, and it's putting pressure on a big chunk of the industry
(DBN)

______________

Coal:

Veteran coal executive successful bidder to take over Ohio mines from bankrupt Westmoreland
(DBN)

_____________

 


New Bankruptcy Opinions
(11 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (38 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (7 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:

BK ME: 1/19 Filing Statistics
(DBN)

______________

Make-Whole:

Fifth Circuit Finds that Claim Disallowance Does Not Constitute Impairment and Suggests that Make-Whole Claims Against Solvent Estate Should be Disallowed as Unmatured Interest
(DBN)

Fifth Circuit Signals Make-whole Premiums Unenforceable In Bankruptcy
(DBN)

______________

Plan Confirmation:

When a Chapter 11 Plan is Absolutely Dead on Arrival
(DBN)

______________

Healthcare:

Mental hospital accused of holding Texas patients against their will has filed for bankruptcy
(DBN)

Attorney General makes last-ditch effort to stop sale of two hospitals
(DBN)

A third of US workers have left a job due to caregiving responsibilities
(DBN)

Your colleagues don’t care whether it’s the flu or a cold Feed a Cold, Don’t Starve It
(DBN)

After Vox story, Zuckerberg hospital promises to change its aggressive billing tactics
(DBN)

______________

Electricity:

PG&E renewable energy contracts tied up in bankruptcy battle
(DBN)

Corporations' bankruptcy dodge
(DBN)

Could government provide power and gas better than PG&E?
(DBN)

Nine Things to Watch For in the PG&E Bankruptcy
(DBN)

Aflac takes $21 million hit tied to California's PG&E bankruptcy
(DBN)

PG&E Bankruptcy Plans May Hit Suppliers, Too
(DBN)

As California wildfires grew, so did PG&E lobbying spending
(DBN)

Questions swirl in aftermath of PG&E's bankruptcy filing
(DBN)

Finding Silver Linings In The PG&E Bankruptcy
(DBN)

Bankruptcy court is about protection for PG&E & not about the ratepayers Newsom's office implores court to give wildfire victims a voice in PG&E bankruptcy case
(DBN)

______________

Climate:

BP board will back shareholder push to align goals with Paris climate agreement
(DBN)

______________

Pharma:

Family Behind OxyContin Made Billions Amid Opioid Crisis
(DBN)

Sen. Bernie Sanders will ask why a once-free drug now costs $375,000
(DBN)

______________

Taxis:

NYC New Wages Mean End of Cheap Uber Rides
(DBN)

______________

Celebs:

Lil Kim Reveals Missy Elliot Helped Her Out With A Huge Loan During Bankruptcy
(DBN)

Bill Cosby: Most Popular Inmate In Prison
(DBN)

Here’s what the average NFL player makes in a season
(DBN)

Tom Brady, his daughter, and the Lombardi Trophy
(DBN)

______________

UK:

As a wave of bankruptcies hits the retail sector, workers want to know why their bosses are coming out ahead
(DBN)

Closer Brexit Is, the Most England Regrets It The Brexit impasse got worse this week Theresa May says she is 'determined' for Britain to leave the EU on time despite being sent back to Brussels to renegotiate her Brexit deal There are plans to evacuate the Queen if riots happen over Brexit How People's Vote campaigners believe a referendum on Brexit could still be won Scotland's Sturgeon to say Britain not ready for Brexit Conservative Brexiteers are 'setting up' Theresa May's Brexit talks to fail
(DBN)

The people unable to sell their homes and fearing bankruptcy due to crippling service charges on their flats
(DBN)

Interserve shareholders jittery as firm homes in on debt-for-equity rescue deal
(DBN)

______________

PIIGS:

ie: State will no longer automatically pay for barristers in personal insolvency cases
(DBN)

______________

Canada:

Supreme Court of Canada decision in Redwater: Early implications Oil companies going bankrupt must clean up before paying debts: Supreme Court of Canada
(DBN)

______________

India:

Time-barred debts and the insolvency code
(DBN)

Rescue financing: Helping hand for entities in distress
(DBN)

After Contempt of Court and Failed Spectrum Sale, RCom Opts for Bankruptcy India's RCom plunges to record low after approaching bankruptcy court Indian billionaire turns to bankruptcy court after losing 4G price war with his brother
(DBN)

Board of bankrupt companies can access documents: SC
(DBN)

______________

Brazil:

Judge allows Avianca Brasil to keep possession of planes: company
(DBN)

______________

Venezuela:

Trump says sending troops to Venezuela amid a deepening economic and political crisis is 'an option' Maduro refuses Europe's ultimatum to call new elections in Venezuela, and threatens a White House 'stained with blood' if Trump intervenes Venezuela Prepares for War
(DBN)

Regional Bloc Makes Plans Against Maduro
(DBN)

Citgo considers bankruptcy amid Venezuela disaster: report
(DBN)

______________

MENA:

Turkey's fairytale castles win reprieve after bankruptcy
(DBN)

______________

Uzbekistan:

Uzbekistan simplifies bankruptcy procedure
(DBN)

______________

China:

China's 'zombie' companies are a big threat to the economy — and JPMorgan says their debt pile means the country could be slowing faster than anyone thought
(DBN)

______________


The Daily Bankruptcy News is primarily a curated news link gathering service.   Most of the headlines contained in the publication are a collection of links to stories posted on the Internet by various third party publications.  Such content is owned by third party sources, not The Daily Bankruptcy News, and in some cases, these links change or expire, which means you may not be able to view some news stories in prior editions of the Daily Bankruptcy News. The DBN subscription fee is not a fee for access to the content of the links, but is a charge for the considerable work involved in gathering, organizing and presenting the links. Use of this site and The Daily Bankruptcy News is subject to our Terms of Use. If you received The Daily Bankruptcy News via email (and you have a paid subscription account), to view a news story, click on the headline, and the story should open in your web browser. To view additional stories, click back to the email and click on additional headlines, which will cause new stories to open in your web browser.  You can view the Daily Bankruptcy News on the web by clicking here.

Advertising
Advertising is available in The Daily Bankruptcy News. Click here for details  Feel free to contact us with any questions.

Passwords/Subscriptions
Access to certain links in The Daily Bankruptcy News is available only to readers holding a paid service subscription. These links are currently marked with a "DBN" notation. The cost of a subscription is $66.50/year, payable annually.  Volume discounts are available for sites with multiple users. Click here to see a schedule of discounts. Complimentary subscriptions are available for full-time educational and governmental employees and for full time students. For information about discounts or educational/governmental subscriptions, contact us by clicking here. A separate password is required for each member of a firm wishing access to restricted links.

New readers can receive a free password good for 30 days by clicking here. 30-day passwords are not available to readers who have previously had a password, even if the password was associated with a different email address used by the reader. Refunds are not available after purchase.

Readers who wish to change their passwords should click here. Readers who have forgotten their password should click here.

Adding Your Email Address To The Distribution List
If you would like to start receiving The Daily Bankruptcy News by email each day, click here, and fill in the information requested. There is no charge to be placed on the distribution list to receive the headlines, although access to many of the links behind the headlines requires a paid subscription (see above, under Passwords). If, after adding your email address to the distribution list, you do not receive an email confirming the addition, please contact us by clicking here for help.

Removing Your Email Address From The Distribution List
If you already receive The Daily Bankruptcy News by email and you wish to remove your email address from the distribution list, click here and send the email that should appear. You do not need to type anything in the body of the email message. Note that the email asking for removal must be sent from the same email address which is on our distribution list. If you do not receive an email confirming deletion of your email address from the distribution list, contact us by clicking here for help.

If receive the publication forwarded from an older email address, you will need to contact us as described below for help removing that older address from our distribution list.

Press Releases/News Tips
Please send press releases and news tips to admin@bkinformation.com

Contact Us
The Daily Bankruptcy News is published each business day by BKINFORMATION.COM, L.L.C. You can phone or text us at 281-402-3957. You can email us at accounting@bkinformation.com (email inquiries are usually answered substantially more quickly than phone inquiries). Our mailing address is 935 Eldridge Road, No. 350, Sugar Land, Texas 77478.

Copyright 2019