July 11, 2019

The Daily Bankruptcy News

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Law:

Legal Recruitment Professionals—There’s a ‘War for Talent’
(DBN)

Broward Lawyer Suspended by Bankruptcy Judge After 'Farcical Attempt to Avoid Accountability' • The Order
(DBN)

Kirkland & Ellis to Rep More Plaintiffs, Bet on Contingency Work
(DBN)

Former Nokia In-House Atty Says Age, Sex Bias 'Crushed' Her
(DBN)

Federal appeals court sides with Trump in emoluments suit over D.C. hotel
(DBN)

The Business Case For Championing Diverse Legal Teams
(DBN)

What Your Clients Are Doing to Prepare For the Next Recession
(DBN)

Justice Department Botches Even The Simplest Of Tasks In Census Case
(DBN)

Public defender is gored while taking selfie at running of the bulls
(DBN)

Sidley, Deloitte Among Firms Settling Claims Over Aequitas Scheme
(DBN)

Morrison & Foerster Settles Macquarie's $35M Puda Coal Malpractice Suit
(DBN)

BigLaw Not for You? Tips for New Lawyers on Starting a Law Firm
(DBN)

Alex Acosta to hold press conference on Jeffrey Epstein plea deal • Palm Beach Prosecutor Calls BS on Acosta's Claims About Epstein Case • Alex Acosta Just Delivered A Dumpster Fire Of A Press Conference • Bill Barr Recuses Himself From Parts Of The Epstein Case, Which We’ll Just Call The ‘Acosta Case’ For Shorthand • Acosta, Who Cut Deal With Epstein, Tried to Slash Anti-Trafficking Program by 80 Percent •Democrats Who Voted for Alex Acosta Claim They Lacked Epstein Case Details • New Jeffrey Epstein accuser: He r---- me when I was 15 • Jeffrey Epstein Moved Freely in Hollywood Circles Even After 2008 Conviction • Alleged Epstein victims recount powerful emotions after witnessing financier’s New York arraignment • The Jeffrey Epstein Case Was Cold, Until a Miami Herald Reporter Got Accusers to Talk • Alan Dershowitz, Jeffrey Epstein's former lawyer, claims plea deal was fair and would do it again • Here are the most bizarre things about wealthy financier Jeffrey Epstein and his alleged trafficking operation • What we know — and what we don’t — about retail mogul Les Wexner’s connection to Jeffrey Epstein • Schumer will donate campaign contributions from accused sex trafficker Jeffrey Epstein to charity • House panel requests Acosta's testimony on Epstein's 2008 plea deal • A timeline of abuse cases brought against Jeffrey Epstein • Why did Jeffrey Epstein build a temple on his private island? • Registered sex offender Jeffrey Epstein and Harvey Weinstein were part of a group that made a failed $45 million attempt to buy New York magazine in the 2000s • Jeffrey Epstein’s ‘Infinite Means’ May Be a Mirage • Everything We Know About Jeffrey Epstein’s Private ‘Pedophile Island’ • New Epstein Accuser Tees Up Child Victims Act Suit • 9 People Running Scared on Epstein's Arrest • Harvard Won't Return Jeffrey Epstein's $6.5 Million Gift • Jeffrey Epstein: Moneyman of Mystery • Whispers, suspicion about Epstein on Caribbean island
(DBN)

Two More Federal Judges Question DOJ's Census Case Maneuvering • DOJ bid to switch legal teams blocked by another Census case judge • Denying DOJ Census Team Swap Unusual, Lawyers Say
(DBN)

A federal judge uncovers the Justice Department's ethical morass
(DBN)

DOJ Tries to Quash Mueller Testimony
(DBN)

Attorneys General Shocked at Court's Decision to Allow Donald Trump to 'Brazenly' Profit from Presidency
(DBN)

Abortion support is the highest it's been in two decades as challenges mount
(DBN)

ICE set to arrest thousands of immigrant families in mass raids • Migrant mom tells House panel of toddler's death after ICE detention • New shelter for migrant children in Texas 'too much, too late,' operator says • US begins returning asylum seekers to dangerous Mexican state
(DBN)

Trump Joint Chiefs vice chair nominee accused of misconduct
(DBN)

Video appears to show Trump embracing a 2016 campaign staffer. She's now suing and claims he forcibly kissed her.
(DBN)

The woman who encouraged her suicidal boyfriend to take his own life through text messages is appealing her involuntary manslaughter conviction, citing free speech
(DBN)

Cargo ship owned by JPMorgan Chase seized by US with 20 tons of cocaine • Here's why JPMorgan doesn't seem concerned that a ship it owns was just seized with $1 billion of cocaine on board
(DBN)

First he was reassigned. Now a principal who refused to call the Holocaust a 'factual, historic event' will lose his job.
(DBN)

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Judges:

Ninth Circuit Throws Shade At Game Of Thrones
(DBN)

K&L Gates Partner Ranjan Among Three Confirmed to District Courts
(DBN)

How the Supreme Court has stirred the populist pot
(DBN)

Brendan Dassey’s meowing former lawyer is suspended from the bench
(DBN)

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Wall Street:

Dow futures climb after Fed chief signals a rate cut
(DBN)

Stocks close higher, S&P 500 hits 3,000 for the first time as Fed chief signals rate cut ahead
(DBN)

Art Cashin, wearing ‘S&P 500 3,000’ hat, warns of rising recession risk
(DBN)

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Pharma:

Drugmakers May Turn to Bankruptcy to Lessen Opioid Liability
(DBN)

White House kills major drug pricing proposal
(DBN)

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Climate:

Elizabeth Warren reintroduces legislation requiring corporations to disclose climate risk
(DBN)

White House shelves climate science challenge
(DBN)

By 2050, many U.S. cities will have weather like they’ve never seen
(DBN)

Government scientists warn Americans to brace for more floods
(DBN)

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Crypto:

Bitcoin falls sharply as Fed’s Powell flags ‘serious concerns’ about Facebook’s cryptocurrency
(DBN)

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Politics:

Trump calls shoppers boycotting Home Depot 'vicious and totally crazed' and urges his followers to 'fight' for billionaire cofounder Bernie Marcus
(DBN)

“Trump is quite easy to buy off”: how Trump is putting American foreign policy up for sale
(DBN)

Why Tom Steyer Changed His Mind on Running for President
(DBN)

DC mayor says July 4, Trump inauguration helped drain city’s security budget
(DBN)

FactCheck: "A black person is four times as likely as a white person to be incarcerated for the exact same crime."
(DBN)

The spokeswoman for America's Catholic bishops stirs criticism among Catholics with her pro-Trump tweets
(DBN)

Ted Cruz tells Trump administration to 'follow the damn law' on foreign arms sales
(DBN)

Nancy Pelosi vs 'The Squad': Inside the Democratic Civil War
(DBN)

Trump's Golf Trips Could Cost US $340 Million
(DBN)

Trump Administration Threatens Veto Over Defense Bill That Only Spends $733 Billion
(DBN)

'You May Need The Money More Than I Do': McConnell Once Returned Trump's Donation
(DBN)

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Economy:

Fed’s Powell explains why a return to the gold standard would be so damaging • Jay Powell Politely Asks Congress To Please Shut Up About The GD Gold Standard
(DBN)

FOMC Minutes: "the case for somewhat more accommodative policy had strengthened"
(DBN)

The next big inequality crisis
(DBN)

S&P 500 hits 3,000 for the first time after Fed signals rate cuts • Jay Powell’s Probably Only Got A Few Hours Left • JP Morgan strategist: Fed is ‘fundamentally making a mistake’ by cutting rates
(DBN)

What Recovery? During Record Economic Expansion, Bottom 90 Percent’s Share Continues To Plummet • Powell: ‘Crosscurrents’ are weighing on the economy, so Fed will ‘act as appropriate’ • When the Fed cuts rates without a recession, stocks go higher 100% of the time • Federal Reserve members saw a strengthening case for a rate cut, minutes of June meeting show
(DBN)

The Client Is Not Always Right
(DBN)

America’s Top States for Business 2019: The full list
(DBN)

These Companies Wanted Tariffs. How Are They Faring Now? • New face on China's trade team worries White House • Report: Trump agreed to drop support for HK protests to re-open trade talks with China • Trump could open up a new trade war with France over plans to slam US tech firms with giant new taxes • Mnuchin urges US suppliers to seek approval to resume selling to blacklisted Huawei, new report claims • Fed rate cut would ease pressure on China’s central bank, analysts say • France approves digital tax on American tech giants, defying US trade threat • Tariffs on Chinese products are the ‘new normal,’ says former US ambassador • Here’s how many points a U.S.-China trade deal is worth to the S&P 500, according to J.P. Morgan’s top strategist • Trade War: Jag, BMW, Benz Have Most to Lose
(DBN)

These are the best places to live in America in 2019
(DBN)

Donald Trump’s boom will prove to be hot air
(DBN)

These 5 crumbling states have the worst infrastructure in America
(DBN)

High anxiety hits Senate over raising debt ceiling • White House pushes Congress to strike deal as Treasury could run out of cash faster
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

Manufactured Homes: Real or Personal Property – Who Knows?
(DBN)

Houston Real Estate in June: Sales down 5% YoY, Inventory Up 11%
(DBN)

Here’s what a ‘starter home’ will cost you in every state across the country
(DBN)

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Municipalities:

Ex-Puerto Rico Officials Charged in Corruption Probe • Former Puerto Rico education secretary and five others arrested in corruption probe • FBI makes arrests in Puerto Rico scandal, prompting calls for governor's ouster
(DBN)

IEEFA Puerto Rico: 43 Members of Congress declare the PREPA deal fatally flawed – they are right
(DBN)

Deep Cuts in Puerto Rico
(DBN)

New Orleans is already flooded — and the worst may be yet to come: Forecasters are predicting a hurricane
(DBN)

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Oil/Gas:

White Star creditors seek to open probe of pre-bankruptcy deals
(DBN)

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Newspapers:

Cities are turning into news deserts
(DBN)

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Coal:

Organizations team up to help coal miners impacted by Blackjewel bankruptcy
(DBN)

Miners Worried About Pay During Blackjewel Coal Bankruptcy
(DBN)

GoFundMe account set up to support miners after Blackjewel closure
(DBN)

Blackjewel’s unpaid bills wrecked local businesses, owners say
(DBN)

Northam pledges support for Virginia’s Blackjewel LLC workers
(DBN)

Bankrupt coal company Blackjewel has yet to call back most Wyoming workers
(DBN)

Laid-Off Employees Of Bankrupt Blackjewel Mining Seek Pay, Answers
(DBN)

Blackjewel’s bankruptcy looks like bad news for workers and mine cleanup
(DBN)

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Healthcare:

Private Equity’s Latest Scheme: Closing Urban Hospitals and Selling Off the Real Estate
(DBN)

Tower Health welcomes Hahnemann hospital residents, fellows
(DBN)

The latest legal challenge to the Affordable Care Act, explained • Why New Obamacare Lawsuit Matters • Federal Court could upend U.S. health system
(DBN)

A new Trump executive order on kidneys could save thousands of lives
(DBN)

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Personal Finance:

Survey shows 45 percent of couples borrow money to pay for weddings
(DBN)

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Aviation:

Ryanair may close bases over Boeing plane delays: report
(DBN)

Norwegian Air profit hit by 737 MAX grounding
(DBN)

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Agribusiness:

Wall Street banks bailing on troubled U.S. farm sector
(DBN)

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Food/Beverage:

Court prohibits locations from using Perkins name
(DBN)

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Non-Profits:

Scandals Can Land Nonprofits in Chapter 11
(DBN)

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History:

Are Americans Falling Out of Love With Their Landmarks?
(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 (22 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (39 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:

June Total Bankruptcy Filings 2009-19 • June Commercial Bankruptcy Filings 2009-19 • June Commercial Chapter 11 Filings 2009-19
(DBN)

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Cross-Border:

Comity and Choice of Law in Global Insolvencies
(DBN)

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Finance:

Millennium: The Defendants Reply. Now What?
(DBN)

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IP:

Trademark Licenses . . . Again (Update No. 8): The Supreme Court Decides! (Part 2)
(DBN)

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Make-Whole:

Attack on the Make-Whole
(DBN)

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Litigation:

Bankruptcy Can Be Powerful Tool in Fiercely Litigated Disputes
(DBN)

Dictionary May Be No Help in Defining 'Ambiguity’ of a Statute
(DBN)

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Class Actions:

Show a Little Class: Creditor Class Actions in Chapter 11
(DBN)

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Electricity:

Competing Interests, Politics Complicate PG&E's Wildfire-Related Chapter 11
(DBN)

California cities want to split and run parts of PG&E; a new bill would make that harder
(DBN)

PG&E Judge Demands Response to WSJ Report on Faulty Lines
(DBN)

PG&E Must Explain Why It Spent Money on Campaign Donations Instead of Safety
(DBN)

PG&E ordered to respond to report it ignored fire dangers
(DBN)

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Festivals:

Ja Rule Off The Hook, For Now, In $100M Fyre Fest Suit
(DBN)

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Fraud:

Deloitte, Sidley Austin, Others Settle Ponzi Claims For $234.6M
(DBN)

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Receivers:

Chancery Court Imposes Costs of Receivership on Stockholder
(DBN)

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Mass Torts:

New Trial Upheld For J&J After $417M Talc Verdict
(DBN)

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Sovereigns:

Proactive Resolution of Sovereign and Subnational Debt
(DBN)

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UK:

High insolvency risk steadies in Scotland's 'resilient' hospitality sector
(DBN)

Branson Warns on UK Pound in Brexit
(DBN)

Kim Darroch Takedown Unnerves Diplomats • Boris Johnson Threw Sir Kim Under the Bus
(DBN)

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Canada:

Can an Insolvency Court Extinguish Interests in Land Through Vesting Orders?
(DBN)

Key Takeaways from Latest Insolvency Numbers
(DBN)

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India:

Bankruptcy Code: Needs an Indian Solution to Issues
(DBN)

NBFCs Are Outside The Purview Of Insolvency & Bankruptcy Code
(DBN)

Etihad, Hinduja in talks for Jet Airways insolvency bid
(DBN)

IBC: Mediation, not bankruptcy, to be key in individual cases
(DBN)

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Netherlands:

Court clears way for sale of bankrupt Slotervaart hospital to real estate firm
(DBN)

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Bosnia:

Bosnia's sole aluminum smelter shuts, to go for bankruptcy
(DBN)

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MENA:

Iranian boats tried to seize British oil tanker in Gulf, U.K. says • Iran’s Revolutionary Guards reportedly deny trying to stop British tanker in Gulf
(DBN)

UN: Khashoggi's Killers Must be Held to Account
(DBN)

Saudis plan to ease restrictions on women’s ability to travel without male permission
(DBN)

Most Veterans Say Iraq, Afghanistan Wars Weren't Worth It: Pew Report
(DBN)

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