Daily Bankruptcy News
January 4, 2019


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Law:

Biglaw Bonus Season Ain’t Over Yet: Big Bucks For Big Billers At This Firm
(DBN)

Law Firms Are Reimagining Origination Credit
(DBN)

Sanford Prepping New Gender Bias Suit Against Jones Day
(DBN)

‘The Dark Overlord’ didn’t hack firm's systems, Husch Blackwell says
(DBN)

Rather than increase 1L class size in 2018, some law schools shrunk strategically
(DBN)

BakerHostetler Adds Bankruptcy Partner as New Office Managing Partner to Expand West Coast Presence
(DBN)

Alston & Bird Elects 16 New Partners
(DBN)

Former Theranos GC & CEO David Taylor Launches Crisis Management Firm
(DBN)

Paul Weiss, Partner Promotions and the Path to Diversity in Big Law
(DBN)

Chicago politician charged with trading influence for business for his personal law firm
(DBN)

A roadmap for law firm innovation in 2019 Disrupting the Legal Sector Through Technology
(DBN)

Why More Law Firms Will Embrace Remote Work In 2019
(DBN)

One More State Adopts Duty of Technology Competence (Sort Of)
(DBN)

2019 will be the year of real change for the entire legal industry
(DBN)

Four Business Trends Likely to Affect Your Corporate Legal Team in 2019
(DBN)

NYU Rips Claims Of Law Journal Bias Against White Men
(DBN)

Is recording others legal, and is it ethical?
(DBN)

To Be A Good In-House Counsel, Be Prepared To Break The Law, Maybe
(DBN)

Attorney Calls Opposing Counsel A ‘B----’ — Justifies Outrageous Behavior Because: Trump
(DBN)

New House speaker Nancy Pelosi says there is a possibility Mueller could indict Trump while he's still in office Former Flynn Associate Denied Delay on Road to Conspiracy Trial Former Sheriff David Clarke Tries Defending Paul Manafort, Seems Totally Unaware of What Actually Happened Mueller's office may have dropped a hint about the mystery grand-jury subpoena case that has Washington enthralled
(DBN)

Dershowitz: 'Secret' Emails About S-- Allegations Will Put 'Prominent People in Handcuffs'
(DBN)

Trump Portrays Supreme Court as Key Player in DACA, Border Wall Fights - Gibson Dunn's Ted Boutrous: "A disgraceful degree of disrespect for the Supreme Court and role of an independent federal judiciary"
(DBN)

Ted Cruz Introduces Constitutional Amendment for Term Limits
(DBN)

Lawyer who ‘won’t take no for an answer’ is suspended for two years
(DBN)

Teen is arrested on murder charge after egg-throwing prank leads to fatal car crash
(DBN)

Deranged Cranks With Law School Degrees And Too Much Time On Their Hands Find A Home
(DBN)

Lawyers look for the next blockbuster as literary agents
(DBN)

Still There in the Ashes
(DBN)

'Bored' firefighter accused of setting homes on fire
(DBN)

Former Alabama Sheriff Who Used Inmate Food Funds To Buy Beach House Now Faces Allegations of Pocketing $1.5 Million In Federal Funds
(DBN)

What Happens When Man Tries ‘Stealing’ Bike in Front of Police Station
(DBN)

Investigation Reveals Inmate Got Chinese Take-Out, Sat in Guard Station in Exchange for Tax Advice
(DBN)

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Judges:

Lawyer Delivers Oral Argument Before Supreme Court While Wife Is In Labor
(DBN)

Judge’s unusual instruction could upend at least a dozen murder convictions
(DBN)

Shutdown halts many immigration hearings; federal courts could be affected after next week Anti-Deficiency Act may be invoked after Jan. 11 to keep limited operations running Bankruptcy Courts Currently Open During Government Shutdown, but Services Might Change Shutdown 'A Real Challenge' For Cash-Strapped Courts
(DBN)

BK SD AL: Deadline Suspension Order Entered Due To Gov't Shutdown
(DBN)

Attorneys Who Gave Judge Tickets Fight Call For 2-Year Ban
(DBN)

Texas Suspends Newly Elected Judge Over Bribery Charges
(DBN)

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Wall Street:

Global stocks are enjoying their first good day of 2019 after China and US agree fresh trade talks
(DBN)

Dow drops more than 2% on Apple plunge, rising fears of an economic slowdown
(DBN)

Trump economic adviser expects "heck of a lot" of earnings downgrades
(DBN)

Trump Took Credit for Stock Market Records. Does He Deserve Blame for the Plunge?
(DBN)

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Layoffs:

Under WARN, and Beyond? Massachusetts High Court Holds That Failure To Pay A “Back Pay” Award Does Not Give Rise To Wage Act Liability
(DBN)

Mercer HVAC Lays Off 110
(DBN)

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Politics:

Elizabeth Warren is closing her joint fundraising committee as she urges 2020 Dems to shun big money
(DBN)

Nancy Pelosi vows 'different world' for Trump with new Congress, no more 'rubber stamp' Speaker Gavel Goes to Pelosi as Tide Shifts for Democrats Nancy Pelosi Isn’t Taking Impeachment Off The Table For Donald Trump Nancy Pelosi and House Democrats take control — here are the policies they plan to pursue
(DBN)

House's First Bill Would Drain the Swamp
(DBN)

Ryan Zinke May Have Resigned as Interior Secretary, But His Legal Problems Just Got a Lot Worse
(DBN)

Ilhan Omar celebrates her journey from Somali refugee to member of Congress
(DBN)

Report: Trump golf course hid unauthorized worker from Secret Service
(DBN)

Judge Dismisses Bid for NC Gerrymandering
(DBN)

As Cornyn exits Senate leadership, Texas is shut out of its own border talks
(DBN)

NBC News veteran slams network's 'hostage status' to Trump in resignation letter
(DBN)

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Food/Beverage:

Lines for salads out of control after ‘eat healthy’ resolutions
(DBN)

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Economy:

Companies added way more jobs than expected in December: ADP/Moody’s ADP: Private Employment increased 271,000 in December Manufacturing Index Decreased in December
(DBN)

Weekly Initial Unemployment Claims increased to 231,000
(DBN)

Key reading of the manufacturing sector falls to lowest level in more than 2 years ISM Manufacturing index Decreased Sharply to 54.1 in December
(DBN)

Goldman: December Payrolls Preview
(DBN)

December Employment Preview
(DBN)

Disney World is getting so expensive, it's pricing out the middle class
(DBN)

Experts expect some distressed-debt issuers to unravel very quickly this year
(DBN)

Trump advisor Hassett: 'Heck of a lot of US companies,' not just Apple, could see China troubles The Chinese role in Apple's seismic iPhone warning Apple is basically blaming Trump’s trade war for disappointing iPhone sales in China Apple's shock warning bolsters one of Trump's biggest arguments for the US-China trade war The Democrats Won't End Trump's China Trade War Trade War Could Persist Unless China Caves China Signals Trade War Hitting Home Trump's trade war is probably hitting the US economy a lot harder than China's, HSBC says Trump Brags on Tariffs Making Billions for US
(DBN)

Trump’s growing anger with Fed chief poses market risks
(DBN)

On their first day in the majority and the 13th day of the shutdown, House Democrats pass 2 funding bills to reopen the government Some GOP reps broke with Trump and joined Democrats to pass 2 bills that would end the government shutdown GOP Senator: Shutdown Could Last Months DC, New Mexico among areas most affected by the government shutdown, study finds National parks are getting trashed amid the government shutdown Delayed tax refunds. Missed federal paychecks. The shutdown’s pain keeps growing. Most Americans don't support building the wall In a Shutdown, IRS Will Take Your Money, but Give No Refunds Shutdown: Unions Unhappy Over No Pay How will the Partial Government Shutdown Affect Employers, Especially Federal Contractors? History Shows That Walls Don't Work Shutdown hasn't broken the record — but it could How to End All Government Shutdowns Trump’s Washington Hotel Is Getting Special Treatment During the Shutdown
(DBN)

The National Debt Has Crossed $22 Trillion
(DBN)

A good run for unskilled workers
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

Office Vacancy Rate unchanged in Q4 at 16.7%
(DBN)

CMBS Delinquency Rate Drops Again
(DBN)

Miami-Dade home developer files Chapter 11 with $8M in property
(DBN)

FL: Millenia-area condo association files for Chapter 11 bankruptcy protection
(DBN)

The price of a typical Manhattan apartment just fell below $1 million
(DBN)

BofA: Home equity lending will be flat in 2019
(DBN)

11 Predictions for the Retail Real Estate Sector in 2019
(DBN)

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Municipalities:

Q4 2018 Review: Puerto Rico Insured Bond
(DBN)

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Oil/Gas:

What a Chinese slowdown could mean for oil
(DBN)

Moody’s: The Shale Band Is Back, And Here To Stay
(DBN)

Bloodbath In Oil & Gas Stocks Could Continue
(DBN)

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Aviation:

Airline stocks crater after Delta issues slightly lower revenue growth outlook Airlines’ nosedive hints at wider turbulence ahead
(DBN)

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Retailing:

Oaktree, Goldman Said to Gain Control in Fullbeauty Bankruptcy FullBeauty Says It Will File for Bankruptcy With Lender Deal in Hand
(DBN)

Last of Bon Ton stores hit the market in bankruptcy auction
(DBN)

Poler files bankruptcy, ceases operations
(DBN)

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Fraud:

Mississippi University Will Return Most Of Ponzi Schemer's $400,000 Donation
(DBN)

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Student Debt:

Career Education Corp. Forgives $493.7 million in Student Debt States' Settlement With Career Education Corp. Wipes Out $494M in Student Debt
(DBN)

What a Student Loan ‘Bubble’ Bursting Might Look Like
(DBN)

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Pensions:

Pennsylvania's major pension overhaul reduces benefits, but not billions in debt
(DBN)

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Cryptocurrency:

Cryptocurrency Creditors Make Profit Despite Bear Market
(DBN)

______________

Marijuana:

Ninth Circuit Considers Availability of Bankruptcy to Cannabis-Related Businesses
(DBN)

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Taxis:

Congestion pricing fee may portend more taxi bankruptcies
(DBN)

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Religion:

Jump in Catholic Dioceses Naming Names
(DBN)

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Celebs:

Ex-American Idol Host Now an Uber Driver
(DBN)

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Tax:

Google Shifted $23Bn to Tax Haven in 2017
(DBN)

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History:

Think things are bad now? They were a lot worse in 1919
(DBN)

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Autos:

Automakers close out the year with decline in US new vehicle sales
(DBN)

Sorry Elon, Tesla Isn't US #1 Luxury Auto
(DBN)

Automakers Bullish on US Market
(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 (12 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (5 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:

These were the largest bankruptcies filed in Houston in 2018
(DBN)

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Exemptions:

Threat of 'Your Money or Your Body' Renders Payment Involuntary
(DBN)

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Break-Up Fees:

Is Your Approved Break-Up Fee Safe?
(DBN)

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Bankruptcy Rules:

Rule 2016(b) and Disclosure of Payment of a Debtor's Legal Fees
(DBN)

Local Bankruptcy Rules Cannot Add Additional Chapter 13 Confirmation Requirements
(DBN)

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Mediation:

Mediated Settlements Require Court Approval in Bankruptcy: Limits on “Standing” to Object
(DBN)

Three-Hour Bankruptcy Mediation Training Program
(DBN)

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Trustees:

Shutdown Delays Payouts to Bankruptcy Creditors
(DBN)

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Setoffs:

Triangular Setoff Impermissible Under Section 553: No Contracting or Theorizing Around It, Section 553 Requires Mutuality
(DBN)

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Litigation:

Litigation Funder Sues NY Firm Over 'Unwinnable' Row
(DBN)

What To Expect From Technology-Assisted Review In 2019
(DBN)

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Fraud:

Health care is a ripe target for federal fraud claims
(DBN)

Man Owes SEC $1M Over Ties To Chicago Ponzi Schemer
(DBN)

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Mass Torts:

Olympian Maroney Stays Nassar Case For USAG's Ch. 11
(DBN)

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Healthcare:

Angel Medical Systems files for Chapter 11 bankruptcy
(DBN)

North Mississippi Health Services buys Amory hospital
(DBN)

After bankruptcy, health care company seeks to sell Dallas hospital
(DBN)

Senior Care Centers files for bankruptcy, $100M in debt
(DBN)

Blue states appeal Affordable Care Act ruling Is Texas v. US Taxing For Obamacare?
(DBN)

House to Hold Medicare for All Hearing
(DBN)

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Tech:

Goldman says Apple will have to cut 2019 numbers even further, compares iPhone maker to Nokia Apple tanks 10%, on pace for its biggest single-day loss in 6 years Apple has plunged $450 billion in just 3 months — more than Facebook's entire market cap
(DBN)

Apple suppliers have few tools to defy gravity
(DBN)

______________

Farming:

Oregon 'Mega-Dairy' Up for Auction, First Bid Set at $66.9 Million
(DBN)

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UK:

KPMG Restructuring highlights five sectors facing stress in 2019
(DBN)

HMV May Be Rescued From Bankruptcy By Buyvia
(DBN)

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Canada:

End of Debate: GST/HST Deemed Trusts Ruled Ineffective Against Secured Creditors Post Bankruptcy
(DBN)

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China:

Top Court Adviser Suggests Better Use of Bankruptcy
(DBN)

US issues new warning over China travel, urging 'increased caution' The US government is warning Americans that if they visit China they may not be able to return home
(DBN)

China annual auto sales fall for first time in about two decades with more pain on the way
(DBN)

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Romania:

Romanian PM brings insolvency specialist at the helm of the tax agency
(DBN)

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India:

Value Destruction and Wealth Transfer under IBC, 2016
(DBN)

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