February 5, 2019

The Daily Bankruptcy News

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Law:

Legal sector jobs remained flat in January
(DBN)

Wells Fargo: Texas Firms Lag National Stats in 2018
(DBN)

Law Firms Ease Mandatory Retirement Policies, but Tensions Remain
(DBN)

Bankruptcy & Restructuring Partner Jonathan I. Levine Joins Arnold & Porter in New York Arnold & Porter Lures Restructuring Partner From Morrison & Foerster
(DBN)

Arnold & Porter Elevates New Bankruptcy Partner
(DBN)

T14 Law School Elects All-Female Executive Board
(DBN)

Legal Tech For The Legal Elite: Observations Of Two Conferences
(DBN)

New York Attorney Suspended for Hiding Bankruptcy Debtor’s ID
(DBN)

A Live Discussion About the Robust and Risky Lateral Market
(DBN)

What Happened At The NALP Recruiting Summit?
(DBN)

Are Women Pushing Men Out of Top Law Schools?
(DBN)

What Millennial Attorneys Want Out Of Their Law Office
(DBN)

LeClairRyan Taps Litigation Head As New President LeClairRyan Creates New Leadership Role as Declines Continue
(DBN)

Why ‘Blind’ Grading Prevalent At Law Schools Should Be Exported To Other Parts Of Education
(DBN)

As Part Of New Boston Office, MoFo Adds Finance/Bankruptcy Partner MoFo Makes Big Boston Entrance With New 30-Lawyer Office
(DBN)

This Biglaw Partner Made A Big Splash In Law School
(DBN)

How a 'Never Trump' Covington Partner Won, Then Lost, Lucrative ZTE Monitorship
(DBN)

Are Algorithms Required for Ethical Attorneys Performing Legal Research?
(DBN)

Harvard Law Students Target Venable Over Mandatory Arbitration Another Biglaw Firm Targeted By Harvard Law School Students Over Mandatory Arbitration Agreements Harvard Law Students Call for Venable Boycott Over Arbitration
(DBN)

US prosecutors subpoena Trump golf courses in Scotland, which some Democrats worry might have been funded by Russian money Inaugural Documents Subpoenaed by Prosecutors #Unscience The Stone Indictment A Lobbyist At The Trump Tower Meeting Received Half A Million Dollars In Suspicious Payments Can Trump Survive Mueller? End of Mueller investigation could spark battle between Justice Dept. and Congress over release of special counsel’s report
(DBN)

Avenatti's DQ Bid In $10M Row 'Tactically Abusive': Judge
(DBN)

Man wants to sue parents for giving birth 'without his consent'
(DBN)

Many federal inmates in Brooklyn are largely without heat for a week; suit claims lack of lawyer access Cruel And Unusual Punishment At A Major Federal Prison
(DBN)

Law Student With Autism Will Compete To Become Next Miss Virginia
(DBN)

Supermarket Chain Sues Goldman Sachs For Not Disclosing That It Would Behave Like Goldman Sachs
(DBN)

The NYPD Is Locking People Up for Crimes It Created Out of Thin Air
(DBN)

Uber Driver Gets Life for 6 Murders
(DBN)

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Judges:

Congratulations to Chief Judge Maureen Tighe
(DBN)

BK ND GA Creates Complex Ch. 11 Panel Procedures
(DBN)

Ruth Bader Ginsburg makes first public appearance since her cancer surgery
(DBN)

Attacking a Pay Wall That Hides Public Court Filings Pacer should be free, according to amicus brief by Posner and 6 other retired judges
(DBN)

Children paid for s-- acts were aggressors, judge says while sentencing 67-year-old man
(DBN)

Without Her Robe, Female Judge Was Often Mistaken For Assistant
(DBN)

Trump DC Circ. Pick Faces Tough Road Over Past Statements
(DBN)

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Wall Street:

Stock-index futures edge higher ahead of Trump’s State of the Union address
(DBN)

Stock market closes higher as tech shares rally
(DBN)

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Layoffs:

Vice Media To Lay Off About 10% Of Workforce
(DBN)

VMware to cut 116 at HQ
(DBN)

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Politics:

Trump Era's Biggest Winner Is Jeff Bezos, Presidential Nemesis Analyses show companies ridiculed by Trump outperform ones he praised
(DBN)

Trump to call for unity, face skepticism in State of Union Trump's State of the Union Will Push for Bipartisanship in Two Areas Trump’s State of the Union address could spur Republican disunion Trump Builds Anticipation for SOTU Here's the full list of Trump and Melania's State of the Union guests
(DBN)

The Plan to Keep Trump's Tax Returns Hidden
(DBN)

Virginia Capitol Thrown Into Chaos as Resignation Pressure on Northam Intensifies Full list: Everyone who has called for Ralph Northam's resignation Northam Should Resign. And Hyde-Smith
(DBN)

Washington Post pushes back on Justin Fairfax denial of assault claim, publishes graphic details
(DBN)

GOP Senator Baldwin: 'We will rue the day' Trump declares national emergency for border wall
(DBN)

Trump to nominate former oil lobbyist for interior secretary
(DBN)

Here are the nearly two dozen Democrats running for president or in the mix New poll suggests all Democrats really want is a candidate to knock off Trump
(DBN)

Democratic super PAC unleashes wave of opposition research against Starbucks and Howard Schultz
(DBN)

Alexandria Ocasio-Cortez’s SOTU guest: Woman who went viral during the Kavanaugh hearings
(DBN)

Three in GOP Cast Out into a Life of Exile
(DBN)

A big leak rattles the White House Inside Leaked Trump 'Executive Time'
(DBN)

Insiders dish about the most alarming Trump leaks
(DBN)

Attorney Purged from Voter Rolls After 30 Years
(DBN)

Ominous Decline of Democracy Worldwide
(DBN)

Pelosi Keeps Quoting Made Up Bible Verse
(DBN)

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Economy:

AP-NORC poll: How financial security varies by age, income - sharp demographic divides
(DBN)

Fed Chairman Powell met with Trump for an ‘informal dinner’ to discuss the economy Fed’s Powell and Clarida have dinner with Trump, Mnuchin at White House
(DBN)

An asterisk on January's jobs report
(DBN)

Trump set to nominate World Bank critic David Malpass to lead it: reports
(DBN)

Oil Lobbyist to Run Interior Department
(DBN)

Ex-Koch Official Runs EPA Chemical Research
(DBN)

UN Warns of Massive Impact of Tariffs
(DBN)

Loose money era leaves trail of U.S. corporate debt junkies
(DBN)

Profits in the first quarter are now expected to decline as company outlooks fall short
(DBN)

Surveys are showing overwhelming support for raising taxes on top earners
(DBN)

Ocasio-Cortez and Warren’s wealth tax plans are ‘economically illiterate’: Trump advisor Democrats are targeting the rich with big tax hikes — here’s why history may be on their side
(DBN)

Chuck Schumer and Bernie Sanders call for restricting corporate share buybacks
(DBN)

Biden FactCheck: "There was virtually no new business investment" after the 2017 tax law. "The bulk was used to buy back their own stock."
(DBN)

The true source of U.S.-China trade tension is over technology
(DBN)

50 Worst Cities to Live In
(DBN)

Fastest Growing Job in Each State
(DBN)

80% Want to Give Immigrants a Chance
(DBN)

US prepares to start building portion of Texas border wall
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

Just 576,000 foreclosures were initiated throughout the entirety of 2018 – an 18-year low – and the vast majority of these were repeat actions
(DBN)

The average adjustable-rate mortgage is nearly $700,000. Here’s what that tells us.
(DBN)

This start-up buys your home, rents it back to you and lets you profit if the value grows
(DBN)

Update: Framing Lumber Prices Down Year-over-year
(DBN)

The Rent Is Too Damn Low
(DBN)

San Francisco's housing crisis is so dire that one of the cheapest homes in the city is a 'fixer' that sold for $600,000. Take a look inside
(DBN)

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Municipalities:

Puerto Rico wins court approval for sales tax-backed debt restructuring Debt plan approved for Puerto Rico
(DBN)

Judge's ruling pushes Puerto Rico to pursue SSI benefits
(DBN)

Puerto Rico governor to attend Trump’s State of the Union, will warn him against using hurricane recovery cash for wall
(DBN)

One of Puerto Rico's Largest Firms Opens a Miami Office
(DBN)

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Oil/Gas:

Arsenal Energy Holdings LLC Announces Commencement Of A Fully Solicited And Voted On Pre-Packaged Chapter 11 Case
(DBN)

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Marijuana:

More than a fig leaf: MAPLE Act of 2018 offers protection for non-U.S. citizens involved in cannabis industry
(DBN)

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Retailing:

Eddie Lampert's Offer to Keep Sears Soap Opera Alive Gets Court Airing
(DBN)

Sears bankruptcy hearing underway Sears makes case to judge for rescue deal with chairman Lampert A showdown in court focuses on lost jobs Sears' fight for survival could be decided this week Sears makes case to U.S. bankruptcy judge for rescue deal Sears unsecured creditors challenge claim Lampert's bid will save about 45,000 jobs
(DBN)

Charlotte Russe files for bankruptcy and plans to shut nearly 100 stores Apparel retailer with hundreds of Indy employees files for bankruptcy Fullbeauty Aims to Break Record for Fastest Bankruptcy Exit This map shows where Charlotte Russe is closing 94 stores We visited a Charlotte Russe store the day the retailer filed for bankruptcy and saw how it’s fallen behind its fast-fashion rivals
(DBN)

Tiger Group submits $23 million winning bid for ASE assets
(DBN)

Brookstone bankruptcy plan goes to court on Wednesday - Unsecured creditors in line to get some 20% of what they’re owned
(DBN)

New Pier 1 Imports CEO is no stranger to turnarounds. Her last one scored a $1.8 billion deal
(DBN)

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Taxis:

I spent a day with a full-time Uber, Lyft and Juno driver in NYC—here's how much he earned in 9 hours
(DBN)

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Healthcare:

Hospitals' prices keep going up
(DBN)

Booker says he’d keep private health insurance even as he backs ‘Medicare for all’
(DBN)

Wealthier people more likely to have employer insurance
(DBN)

Women’s brains are 'four years younger' than men’s, study finds
(DBN)

Obesity-related cancers rising fastest among millennials, study finds
(DBN)

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Mass Torts:

Pelvic Mesh Lead Attorneys Stand to Get $550M
(DBN)

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Tech:

Two sisters bought DNA kits, and the results blew their family apart
(DBN)

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New Bankruptcy Opinions
(7 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (26 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (17 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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Litigation:

Preparing Witnesses For Trial, Rather Than Deposition, Testimony
(DBN)

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Prepacks:

FullBeauty Attempts Record 24-Hour Bankruptcy Case Fullbeauty on Track to Break Record for Fastest U.S Bankruptcy
(DBN)

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Miscellaneous:

Recent Developments in Bankruptcy Law, January 2019
(DBN)

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Bankruptcy Rules:

Delaware Bankruptcy Local Rule Changes
(DBN)

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Healthcare:

Life or Debt: Medically Bankrupt
(DBN)

AG doubles down in new bid to block sale of St. Louise County: State AG's attempt to block hospital sale is dismissed
(DBN)

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Electricity:

PG&E Shadowed by California Regulators, Courts in Bankruptcy Proceeding
(DBN)

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Pharma:

Bernie: Once a Free Drug Now It's $375,000
(DBN)

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Fraud:

Bad Blood: Even More Red Flags That Were Simply Ignored
(DBN)

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Celebs:

No Basis for Relief From 2010 Decision Against Estate of Anna Nichole Smith
(DBN)

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Sports:

Super Bowl Ratings Hit 10-Year Low
(DBN)

Here’s what the lowest paid player in the Super Bowl makes
(DBN)

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Climate:

Global warming could melt one-third of the planet's "Third Pole" by 2100
(DBN)

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Autos:

Nissan and Renault CEOs Discuss Future
(DBN)

Musk Opens Tesla Patents to All
(DBN)

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Education:

Uncertainty looms as 2 more Art Institutes prepare to close
(DBN)

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Metals:

Pacific Steel Casting files for bankruptcy. Top executives get paid, but workers don’t get severance
(DBN)

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UK:

US banks moving some London staff ahead of Brexit deadline British Political Crisis Over Brexit— U.S. Companies Need to Prepare Brexit isn't even here yet, but here's a list of the damage that's already been done
(DBN)

Interserve “closing in on rescue deal”
(DBN)

UK: Nissan Offered Secret Government Aid
(DBN)

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Canada:

Canadian Crypto Exchange, QuadrigaCX Files for Protection From Creditors Canadian case is another warning about the murky world of cryptocurrency Cryptocurrency customers are unable to access their coins after Canadian CEO’s death
(DBN)

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India:

How India's banks ran up a $7 billion phone bill
(DBN)

Ambani Seeks Bankruptcy Cover for RCom After Asset Sales Stall
(DBN)

A Billionaire's Wireless Bankruptcy May Aid His Richer Brother
(DBN)

NCLAT asks govt to submit list of firms with their financial categorization
(DBN)

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Venezuela:

Gramercy Loads Up on Venezuela Bonds in Bet Maduro to Fall
(DBN)

U.S. action on Maduro informed by Florida's electoral politics
(DBN)

Rich Kids of Venezuela flaunt their wealth while nation starves
(DBN)

Russia backs talks between Venezuela's Maduro and opposition: RIA
(DBN)

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Germany:

Germania Airline grounds planes and files for insolvency Germania airline says filed for bankruptcy, cancels all flights Germania airline files for bankruptcy
(DBN)

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