July 16, 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:

Nonlawyers could offer legal advice and partly own law firms under these California proposals
(DBN)

Clark Hill Adds Bankruptcy Lawyer Kevin Morse as Member in Chicago
(DBN)

Richards Layton & Finger Elects New Bankruptcy Director
(DBN)

Stoel Rives Continues Rapid Growth in Seattle With Two New Bankruptcy Partners
(DBN)

Cheating Or Not? A Mental Exercise For Lawyers.
(DBN)

South Carolina Law slashes tuition
(DBN)

Law Profs Weigh In: What Is The Appropriate Response When A White Student Wears A MAGA Hat In Class?
(DBN)

Climactic Changes In Law Mean New Opportunities For Librarians, Futurist Urges
(DBN)

In Epstein bail hearing, federal prosecutors claimed that a 1980s passport with Saudi connections had Epstein's photo but a different name Jeffrey Epstein had mysterious passport, 'piles of cash,' and 'dozens of diamonds' in home safe: prosecutors Jeffrey Epstein's fortune could be up for grabs Judge weighs bail for Epstein; women urge jail until trial Jeffrey Epstein claims he's worth $559 million in court documents Jeffrey Epstein willing to post $100 million bail — ‘He’s a scary person,’ accuser says Epstein comes face to face with accusers at bail hearing Epstein's fortune may be up for grabs Jeffrey Epstein attended the 'Billionaires' Dinner' and now his presence has been scrubbed Jeffrey Epstein: Math Nerd to Arrogant Jerk Epstein case worse than Weinstein, Cosby allegations, others during #MeToo era $56 Million Upper East Side Mansion Where Epstein Allegedly Abused Girls Jeffrey Epstein’s $6.5 million donation to Harvard University under new scrutiny after sex trafficking arrest Scandal explodes in Israel The former prime minister of Israel defended his business dealings with Jeffrey Epstein: 'You expect me to have noticed?' How Epstein Groomed His "Number One Girl" Prince Andrew's humiliation Royal Embarrassment? Prince Andrew’s Ties to Jeffrey Epstein Under the Microscope The Socialite on Epstein's Arm The Strange Connection Between Victoria’s Secret Billionaire and Jeffrey Epstein
(DBN)

Trump is ‘a racist president,’ Kellyanne's BigLaw husband George Conway says
(DBN)

Conservative Lawyers' Group Condemns Trump's 'Ignorant Racist Nature'
(DBN)

Most Migrants at Border With Mexico Would Be Denied Asylum Protections Under New Trump Rule Trump's New Restrictions on Asylum Seekers Violate U.S. and International Law, Experts Say New rule would make applying for US asylum impossible for most immigrants at the southern border New Trump Admin Rule to Block Most Central American Refugees. Here’s What You Need to Know. Trump Tightens Asylum Rules for Central Americans Trump administration moves to end asylum protections for most Central American migrants Trump administration announces major crackdown on asylum seekers Trump Administration Implementing '3rd Country' Rule On Migrants Seeking Asylum Trump's new move on asylum is truly extreme The Border Patrol Hits a Breaking Point
(DBN)

Large-Scale ICE Raids Fail to Materialize
(DBN)

62 border employees under internal investigation for posts
(DBN)

White House counselor Kellyanne Conway will ignore congressional subpoena
(DBN)

Justice Dept., Silent on Trump's Subpoena Fights, Is Invited to Express Views
(DBN)

Here Are 11 Questions We’d Ask Robert Mueller
(DBN)

'A Very Difficult Time': Challenges for Career Lawyers at Trump's DOJ
(DBN)

Lawyer disbarred after breaking into former law firm; blamed punctuation problem
(DBN)

The ‘His Reputation Is Such Trash My Client Couldn’t Have Defamed Him’ Defense!
(DBN)

Again I Must Remind You That Dealing With a Hit Man Is Fraught With Peril
(DBN)

Investigator on Smollett Case Reassigned After Allegedly Leading Cops on 100 MPH Chase
(DBN)

6th Circuit rules for workers’ comp law firm challenging ban on solicitation of claimants
(DBN)

4 children drive 600 miles in stolen SUV
(DBN)

Oregon passes law saying schools must teach the Holocaust
(DBN)

Charlottesville car attack: Heather Heyer's killer gets 2nd life sentence
(DBN)

Afghan Deployment Means Practice Pause for Eversheds Cybersecurity Leader
(DBN)

Biglaw Attorney To Compete At International CrossFit Games
(DBN)

______________

Judges:

On often unpredictable Supreme Court, Gorsuch latest wild card
(DBN)

Rise of the Know-Nothing Judge
(DBN)

______________

Wall Street:

US stock futures muted as investors await earnings
(DBN)

Stocks eke out a record close, but Wall Street remains cautious on upcoming earnings reports
(DBN)

______________

Layoffs:

Employees say they are still owed pay as trucking company suddenly closes
(DBN)

A dormant potential backlash over automation The threat to the $100,000-a-year tech worker The future began four decades ago
(DBN)

3,000 Media Cuts So Far This Year
(DBN)

______________

Entertainment:

In Weinstein Co. Bankruptcy, Viacom And Spyglass Reach $11M ‘Scream’ Settlement
(DBN)

____________

Festivals:

Roxodus Parent Company Declares Bankruptcy MF Live Inc. files for bankruptcy
(DBN)

____________

Fraud:

FBI Seeks More Victims of Hollywood Con Artist After Marvel Exec Targeted
(DBN)

DOJ Wants Conflicts Inquiry On Firms’ College Bribery Case Work
(DBN)

SEC Charges Unregistered Broker for Selling Woodbridge Securities
(DBN)

____________

Electricity:

Landmark Legislation Creates New Wildfire Fund and Overhauls California's Approach to Catastrophic Wildfires
(DBN)

PG&E says power line inspections revealed 10,000 problems — some needed immediate fixing
(DBN)

____________

Coal:

Cloud Peak Energy hires laid-off miners from Blackjewel
(DBN)

This Lexington priest just paid electric bills for about 200 out-of-work coal miners
(DBN)

With more than half of short-term funds depleted, Blackjewel’s hunt for money stalls
(DBN)

The 'war on coal' myth
(DBN)

____________

Boxing:

Rakhimov resigns from troubled boxing body AIBA
(DBN)

____________

Celebs:

Amid Foreclosure Reports, Barbara Kavovit's Renting out Her Hamptons Home for $130K This Summer
(DBN)

____________

Distressed Investing:

Bain Capital teams up with SKW Funding on $500M distressed debt fund
(DBN)

Junk bond funds garner $11bn in inflows in past five weeks
(DBN)

Energy Sector Will Push U.S. High Yield Default Rate Near 2%
(DBN)

____________

Climate:

Countries That Produce the Most Emissions
(DBN)

____________

Education:

University of Alaska regents postpone 'financial-exigency' decision
(DBN)

Green Fields School may repay all debts after bankruptcy
(DBN)

____________

Religion:

Yakima Diocese releases list of 16 priests accused of sex abuse within clergy
(DBN)

Lawyer: New York Diocese has secret list of priests who have molested children
(DBN)

____________

Pharma:

J&J accused of dodging liability for ‘cunning’ opioid drug push
(DBN)

____________


Economy:

NY Fed: Manufacturing "Business activity rebounded modestly in New York State"
(DBN)

The global debt binge begins anew Global Debt Quickened in First Quarter, Outpacing World Economy
(DBN)

US consumer debt surges to record highs
(DBN)

Visualizing Americans' Debt Problem
(DBN)

Forget Silicon Valley, It Still Pays More to Be a Doctor in America - 10 Top-Paying Jobs
(DBN)

Trump’s Fed pick Judy Shelton has skipped almost half of EBRD board meetings
(DBN)

Which Countries Own the Most U.S. Debt?
(DBN)

In Next Recession, Household Debt Will Feature Big Again
(DBN)

Wall Street firms see increased chance that Trump takes action to weaken the dollar
(DBN)

Ten Years Ago: The Sluggish Recovery Began
(DBN)

The world will pay for not dealing with debt
(DBN)

College grads still earn more than workers with no university degree. This map shows the states with the widest salary gaps.
(DBN)

Mnuchin says debt ceiling deal 'close' Mnuchin Says Plan A for Debt Limit Deal Includes Budget Caps White House presses for fall-back plan on debt ceiling if budget talks fall through
(DBN)

These are the best places to launch a small business in America
(DBN)

Why Citi’s top stock-market analyst is ‘worried’ about a second-half ‘soft patch’
(DBN)

The Party’s Almost Over, Say High-Yield Bond Investors
(DBN)

Another reason for low wages: Cheaper to hire convicts
(DBN)

Student Debt, Unaffordable Housing, And Debt: Big-Picture Effects Of An Aging America?
(DBN)

Small Business Optimism Index Decreased in June
(DBN)

It's taking longer and longer to become a legal immigrant
(DBN)

Earnings Watch: Expect drama in second-quarter numbers as trade fears weigh
(DBN)

The Top 25 Metro Areas Make Up Half of U.S. GDP
(DBN)

The States with the Worst Eating and Exercise Habits in America
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

House Prices and Median Household Income
(DBN)

Convicted Palm Beach EB-5 Fraudster's Oceanfront Mansion Sells for $30 Million
(DBN)

NY: One Bennett Park Site Heads for Bankruptcy Auction
(DBN)

Rental prices hit a median of $1,465 in June
(DBN)

____________

Municipalities:

Calls for Puerto Rico governor Ricardo Rosselló to quit over text scandal
Puerto Rico governor Ricardo Rosselló rejects calls to resign over profanity-laced chat
(DBN)

Puerto Rico police fire tear gas at protesters of Gov. Ricardo Rosselló
(DBN)

Puerto Rico gov says there are other ways to be heard
(DBN)

‘Chatgate’ Scandal Throws Puerto Rico Governor Into Crisis
(DBN)

Puerto Rico Private Sector Coalition condemns corruption
(DBN)

Money Laundering Scandal Forces Puerto Rico’s Governor to Cut His Vacation Short — Just in Time for Another Scandal
(DBN)

Puerto Rico’s Corruption Scandal, Federal Funding and PROMESA
(DBN)

Muni bond defaults more common than rating agency tallies suggest
(DBN)

San Bernardino deficits grow after bankruptcy
(DBN)

____________

Oil/Gas:

This Shale Fracker's Decision to Sell Says It All
(DBN)

Amid Glut, American Oil Fields for Sale
(DBN)

Houston's Sanchez Energy takes another step towards bankruptcy
(DBN)

Summary: New Chapter 11 Bankruptcy Filing - Shale Support Global Holdings LLC
(DBN)

UBS: Must Move Away from Fossil Fuels
(DBN)

____________

Student Debt:

New bankruptcy program seeks to help people saddled with student debt; 2.4 million Floridians owe $85.5 billion
(DBN)

Department of Education Hit with Lawsuit Over Mismanaged Student Loan Forgiveness Programs
(DBN)

____________

Retailing:

Herb Philipson’s for sale through bankruptcy proceedings
(DBN)

Thousands of Amazon workers across Europe and the US are striking and protesting on Prime Day
(DBN)

FactCheck: 42 percent of (Walmart’s) associates are black
(DBN)

U.S. property trust Vornado challenges Arcadia's restructuring plan
(DBN)

Why Barneys New York Is Closer To Liquidation Than Ever
(DBN)

How Bob’s Discount Furniture Avoided The Retail Apocalypse
(DBN)

GameStop is planning on renovating some of its retail stores in hopes of staying relevant
(DBN)

Another New York City Sears Bites The Dust
(DBN)

"Brushing": This could be the weirdest scam yet — people receive free stuff from sellers on Amazon
(DBN)

____________

Trucking:

At least 2,500 truck drivers have lost their jobs in 2019 as the transportation 'bloodbath' unfolds — here's the full list of bankrupt trucking companies
(DBN)

Truck company closing shocks drivers
(DBN)

____________

Personal Finance:

What NOT to buy on Amazon Prime Day
(DBN)

The real midlife crisis confronting many Americans
(DBN)

____________

Healthcare:

LifeCare Hospital to close on Penn Avenue in Pittsburgh
(DBN)

Philadelphia Hospital Collapse Highlights Health Care ‘Anarchy’
(DBN)

Philadelphia hospital scales back services ahead of closure
(DBN)

Bernie Sanders at Hahnemann: 'Keep this hospital open' Philly hospital's plight spurs aid pledge, Sanders rally
(DBN)

Closing Philly hospital owner says he tried to keep it open
(DBN)

The fate of Hahnemann Hospital’s medical residents
(DBN)

City, State Prepared to Spend $15M to Deal With Hahnemann Fallout
(DBN)

Bogus bills, brazen breaches alleged against former nursing home owners
(DBN)

Trump abortion rule seen as blow against Planned Parenthood
(DBN)

____________

Autos:

Bank sues Ford Credit in connection to Reagor-Dykes bankruptcy
(DBN)

After years of plenty, auto workers want a bigger slice Slowing sales, rising costs set stage for start of UAW contract talks with Detroit 3
(DBN)

____________

Aviation:

Boeing and Southwest Airlines conspired to hide flaws in the 737 Max jet, lawsuit alleges
(DBN)

Man whose family died in Boeing 737 Max crash: Scrap the jet
(DBN)

____________

Agribusiness:

U.S. Farming Has A Banking Problem
(DBN)

____________

Environmental:

Manhattan U.S. Attorney Announces Bankruptcy Settlement With Responsible Parties At US Magnesium Superfund Site
(DBN)

Trump Lowers Fines for Cars Guzzling Gas
(DBN)

____________

Mass Torts:

Judge Slashes $80M Roundup Verdict to $25.3M Judge Slashes Punitive Damages by $50 Million in Roundup Cancer Case
(DBN)

____________

IP:

Disney Says $62M Trial Loss Won't Stop VidAngel's Piracy
(DBN)

____________

Debt Collection:

E.D.N.Y. Judge States FDCPA Cases Based on Technicalities are “Lawyer’s Case[s]” and Harm Consumers
(DBN)

____________

Food/Beverage:

Restaurant Performance Index Rebounded in May
(DBN)

____________

 


New Bankruptcy Opinions
(1 new opinion 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 (14 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:

Weekly Bankruptcy Claims Trading Activity
(DBN)

H1 2019 Chapter 11 Filings Review
(DBN)

______________

Discharge:

Creditors Beware - Bankruptcy Courts Now May Hold Creditors in Contempt
(DBN)

____________

Claims Trading:

Beware of Impairment Provisions in Bankruptcy Claim Sale/Assignment Agreements
(DBN)

____________

Bankruptcy Reform:

House committee passes farmer bankruptcy bill
(DBN)

In Case You Missed It: Bankruptcy Legislative Update
(DBN)

____________

Trustees:

BK WD MO Seeks Ch. 7 Trustee
(DBN)

____________

Avoidance Actions:

Estate Planning: A Frequently Used, But Rarely Successful, Defense Against Fraudulent Transfer Claims
(DBN)

____________

Estoppel:

Appeals court: Man's failure to disclose lawsuit in bankruptcy court dooms medmal lawsuit vs Northwestern, doctors
(DBN)

____________

Miscellaneous:

Rochelle
(DBN)

____________

Advisors:

Notice of Appearance - Scott Chabina, Director at Marathon Capital
(DBN)

Turnaround & Restructuring Expert to Enhance Ankura’s Global Network in Asia
(DBN)

____________

Finance:

Millennium: Are Syndicated Loans Securities?
(DBN)

____________

Politics:

Harris blasts, and takes money from, Epstein’s law firm
(DBN)

Elizabeth Warren & the Dow Corning Bankruptcy: Nothing to See Warren criticizes powerful businesses. She also worked for them Peter Thiel: Elizabeth Warren is the most dangerous Democratic candidate
(DBN)

Beto O’Rourke’s presidential campaign raised only $3.6 million in the second quarter
(DBN)

Biden Stops Playing It Safe
(DBN)

'Doomsday scenario': Cash shortage squeezes huge Dem field
(DBN)

Trump picked Mike Pence as his running mate because ‘he says nice things about me,’ according to a new book
(DBN)

Trump on his racist tweets: "If you’re not happy here, you can leave" Republican backlash trickles in on Trump's racist tweets Trump escalates attacks on Democratic congresswomen at ‘Made in America’ event Trump tweet went too far … but he has a point Trump’s Racially Charged Tweets Highlight Challenges for Democratic Party The GOP silence in response to Trump’s latest racist attack is deafening Republican Sen. Lindsey Graham called Rep. Alexandria Ocasio-Cortez and her allies 'a bunch of communists' who 'hate our own country' Graham: Trump is a 'race-baiting, xenophobic' bigot Al Green to force impeachment vote following incendiary Trump tweets Trump Tells America What Kind of Nationalist He Is Divided Dems unite after Trump tells congresswomen to 'go back' to other countries Trump says he’s not concerned about being racist because “many people agree” with him White identity politics drives Trump, and the Republican Party under him Trump’s `Go Back’ Tweets Leave No Room for Doubt Trump steps up attacks on four congresswomen He Just Can’t Help Himself Fox personalities blast Trump's remarks Joni Ernst: Trump's Tweets are Racist Krugman: Racism Comes Out of the Closet
(DBN)

Polls show sour views of race relations in Trump’s America
(DBN)

Trump's new impeachment problem
(DBN)

About one-in-five adult Twitter users in the U.S. follow Trump
(DBN)

George Will: Trump Has Done Lasting Damage
(DBN)

Q2 fundraising: Trump still winning the money race Trump, Republican National Committee turn to titans of industry to help raise over $100 million
(DBN)

Trump Musing Again That 81-Year-Old Commerce Secretary Who Sleeps In Meetings And Mumbles On TV Might Not Be At Top Of His Game
(DBN)

Joe Biden worried in 1977 that certain de-segregation policies would cause his children to grow up 'in a racial jungle'
(DBN)

Obama appointees say Trump administration didn't delay $20 redesign Officials say Harriet Tubman $20 bill design could never have been ready for 2020, report says
(DBN)

Republican baby boomers are more likely to share #fakenews on Facebook
(DBN)

GOP congressman presides over gay wedding
(DBN)

____________

Crypto:

Mnuchin: US has ‘very serious concerns’ that Facebook’s Libra could be misused by terrorists
(DBN)

____________

Pensions:

KY: Gov. Bevin: Special session on pensions to start Friday
(DBN)

Are state and local pension funds really in crisis?
(DBN)

____________

UK:

Retailers take alternative approach to leases
(DBN)

British wages climb to 11-year high as unemployment matches 45-year low
(DBN)

The U.K. Needs Low-Skilled Migrants
(DBN)

Sports Direct slumps as retailer delays results on auditing
(DBN)

Second quarter hike in UK company profit warnings
(DBN)

____________

EU:

The Rise and Fall of Regulatory Competition in Corporate Insolvency Law in the European Union
(DBN)

Dublin reaffirms its credentials as a key EU restructuring venue
(DBN)

____________

PIIGS:

Italy seizes 'combat-ready' missile in raids on far right
(DBN)

Folli seeks creditors' approval on a revised restructuring plan
(DBN)

Greece creditors say no changes in bailout terms for new PM
(DBN)

Greece: completing the vicious circle
(DBN)

____________

Canada:

Canada boat company goes into receivership
(DBN)

Discount retailer Miniso Canada obtains creditor protection
(DBN)

The Ontario Court of Appeal determines when it is appropriate to vest out a royalty interest as part of an insolvency proceeding
(DBN)

Breaking Alberta’s awkward silence around money and debt
(DBN)

____________

China:

China's growth has ground down to a 27-year low, and its economy probably can't go on like this
(DBN)

China’s corporate defaults at record high – at last!
(DBN)

China's Economy Grows At Slowest Pace In Nearly 30 Years, But Is The Trade War To Blame?
(DBN)

____________

Russia:

Russia detains ex-refinery owner over suspected $29 mln fraud
(DBN)

____________

Singapore:

Maybank demands another S$33.6 million from Hyflux's unit, over hedging deal
(DBN)

____________

Asia:

Asian Debt Defaults Are Expected to Rise
(DBN)

____________

Australia:

Palmer cites ‘greater good’ in fight against liquidators
(DBN)

____________

MENA:

Dubai's x said to be to restructuring $1.2bn with creditors
(DBN)

____________

India:

Banks warn of 'severe plunge' in recoveries after bankruptcy ruling
(DBN)

Jet Airways ruling could lead to cross-border cooperation framework in India
(DBN)

Spooked investors flee debt funds due to deteriorating credit quality
(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 most recent edition of The Daily Bankruptcy News on the web at BKInformation.com.

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