July 19, 2019

The Daily Bankruptcy News

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Law:

'Don’t Label Clients as the Problem': General Counsel Respond to Claims They Are At Fault for Legal Industry's Mental Health Crisis
(DBN)

Biglaw Firm Getting Busy Opening New Offices
(DBN)

California Bar Likely To Get Higher Lawyer Fee Approved, But Also Face Greater Oversight
(DBN)

Lawyer is charged in alleged Lysol can attack on another attorney at courthouse
(DBN)

Can 'Virtual' Law Firms Help Close the Partner Gender Gap? 
(DBN)

Baker McKenzie bangs NQ pay up to £95k guaranteed
(DBN)

Firm suspends partner and associate over money trouble
(DBN)

How I Made Partner: Holland & Knight's Trisha Rich
(DBN)

T14 Law Professor Goes To White Nationalism Conference And Says White Nationalist Things And Somehow Still Has A Job Penn Law prof Amy Wax claims America is 'better off with more whites and fewer nonwhites'
(DBN)

Murder milestone: 5 years after Dan Markel was gunned down, journey to justice continues
(DBN)

Unsealed FBI evidence shows calls between Trump and Michael Cohen around time of Stormy Daniels deal FBI believed Trump was in contact with Cohen, Hope Hicks over hush money payments Court records reveal Trump camp’s effort to bury stories about Stormy Daniels Read: What the New Cohen Docs Say About Donald Trump Records detail frenetic effort to bury stories about Trump 5 Biggest Reveals from Hush Money Scheme Cohen Docs Unsealed, but No Indictments?
(DBN)

Lots of People May Go Down with Epstein Judge denies Jeffrey Epstein bail in child sex trafficking case, citing ‘danger’ to public Four-year battle between David Boies, Alan Dershowitz turns uglier following financier’s arrest “It’s Going to Be Staggering, the Amount of Names”: As the Jeffrey Epstein Case Grows More Grotesque, Manhattan and DC Brace for Impact
(DBN)

An Asylum Officer Said She Won’t Enforce "Immoral" Asylum Standards At The US–Mexico Border 70 Catholics arrested in DC protest over migrant treatment Official: Family separations at border have decreased Migrants Will be Sent Back to Mexico Soon
(DBN)

CBP commander admits running illegal gun operation
(DBN)

60-Day Suspension for Md. Lawyer Who Misled Bar Counsel
(DBN)

Lawyer denies fibbing about flesh-eating spider attack for cash
(DBN)

Cops: Driver watching p--- in moments before deadly crash
(DBN)

Insurance claim denied after giant gator breaks into Florida woman's home
(DBN)

The Village Where Every Cop Has Been Convicted of Domestic Violence
(DBN)

Philadelphia to fire 13 police officers for racist, violent Facebook posts
(DBN)

How a Small-Town Bakery in Ohio Became a Lightning Rod in the Culture Wars
(DBN)

When Your Dad is a Serial Killer
(DBN)

Debut author wins 2019 Harper Lee Prize for Legal Fiction with refugees’ story
(DBN)

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Judges:

Judge kicks himself off felon voting-rights case after defendant’s ‘deeply troubling’ legal maneuver
(DBN)

The Pessimistic Legacy of John Paul Stevens Justice John Paul Stevens Stood Up For Female Clerks At The Supreme Court Stevens to Lie in Repose at Supreme Court Stevens Was Right About Citizens United Stevens Filled a Supreme Court Role That Seems Unthinkable Now
(DBN)

Broward County Courthouse Shuts Down After Water Main Break
(DBN)

Brawl breaks out in Ohio courtroom
(DBN)

State orders training for judges after rape comment controversies; ‘good family’ judge resigns
(DBN)

The Supreme Court Justice Dominating Constitutional Law
(DBN)

Trump District Court Pick Confirmed; Others Clear Committee
(DBN)

Kagan Says She Didn’t ‘Pull Punches’ in Gerrymandering Dissent Kagan Rallies Gerrymandering Foes to 'Go For It - Because You're Right'
(DBN)

Video Shows Judge Grabbing Court Employee by Neck
(DBN)

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Wall Street:

Dow futures rally on hopes of aggressive easing from the Fed
(DBN)

Stocks rise on hopes the Fed will take a more aggressive easing approach
(DBN)

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Personal Finance:

How to raise frugal kids as you save for early retirement
(DBN)

Personal-finance gurus really hate coffee
(DBN)

The financial - and emotional - cost of being a maid of honor
(DBN)

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Politics:

Trump says he wasn’t happy with ‘send her back’ rally chant targeting Ilhan Omar Trump claims he tried to quell “send her back!” chants. The video says otherwise. Trump disavows ‘send her back’ cry, Omar stands defiant ‘It Makes Us Want to Support Him More’ Trump Supporters Don’t Make Chants About Men Conservative Reactions to Trump Crowd’s ‘Send Her Back’ Chant GOP vote on Trump’s ‘go back’ comments was an effort to absolve him — and themselves — on racism Flirting with fascism: This was the most sickening moment of your presidency, Mr Trump – stop your dangerous racist rhetoric now, before it’s too late, writes Piers Morgan Church sign in Virginia says "America: Love or Leave It." Fact check: Trump’s false claims about Rep. Ilhan Omar ‘Welcome home Ilhan!’ crowd of 100 gives Rep. Omar hero’s welcome in Minnesota
(DBN)

The Squad and the Speaker
(DBN)

Trump says critics hate America, despite his own US putdowns
(DBN)

Trump to Tap Scalia for Labor Secretary Post, Following Acosta Exit
(DBN)

How Mike Pence Became A Millionaire From Government Pensions
(DBN)

Elizabeth Warren targets ‘vampires’ in attack on private-equity industry Private-Equity Firms Emerge in Warren’s Crosshairs
(DBN)

Warren's latest plan highlights the economic hypocrisy on both sides
(DBN)

Biden-Harris, Sanders-Warren highlight second round of Democratic debates July debate could be finale for up to half the candidates
(DBN)

Where George Will thinks America went wrong
(DBN)

What Happens When a Bad-Tempered, Distractible Doofus Runs an Empire?
(DBN)

Collins, McConnell Most Unpopular Senators
(DBN)

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Autos:

America’s Sports Car, the Corvette, almost didn’t survive the Great Recession
(DBN)

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Music:

A Legal View Of The Fall Of PledgeMusic and What Could Happen Next
(DBN)

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Movies:

Open Road Films Seeks Approval Of Ch. 11 Plan Docs
(DBN)

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Economy:

A booming manufacturing report just poked another hole in the Fed’s case for a rate cut
(DBN)

Fed’s Williams hints at more aggressive rate cuts: ‘Better to take preventative measures’ NY Fed clarifies Williams speech that market took as signal of a rate cut Fed’s wisest strategy is to cut interest rates at first sign of economic distress, Williams says
(DBN)

Fitch Ratings: Fed Will Only Cut Rates Once in 2019
(DBN)

US Treasury yields tick higher amid hopes of a Fed rate cut
(DBN)

Now the market thinks the Fed could make an even deeper cut to rates later this month
(DBN)

Percentage of Consumers with at Least One Third-Party Collection
(DBN)

The stock market won’t be brought down by a manufacturing recession, analysts say
(DBN)

Cracks in Global Economy as Exports Tumble
(DBN)

Trump's tariffs trip up the all-American RV industry
(DBN)

Why Ratification of the New NAFTA Is Stalled
(DBN)

Economic hard knocks test the steel of Youngstown residents
(DBN)

The biggest bull market ever — yet disaster looms for millions of retirees
(DBN)

House passes bill to hike the federal minimum wage to $15 per hour The House voted to give 33 million workers a raise—here’s what happens next The House just passed a $15 minimum wage. It would be the first increase in a decade.
(DBN)

Sanders campaign workers demand $15 hourly pay candidate proposed for U.S. workers
(DBN)

America’s child-care crisis: ‘The entire system is experiencing pressure from every angle and something’s got to blow’
(DBN)

Focus group: It's still the economy, stupid
(DBN)

The cost of the bacchanalia
(DBN)

Mnuchin cites progress in budget and debt ceiling talks, but major roadblocks remain Pelosi to Reject Latest White House Debt Limit Offer Over Cuts
(DBN)

Study finds most Americans would rather be living somewhere else
(DBN)

The Future of the City Is Childless
(DBN)

Percentage of Loans in Leveraged Loan Index with B or B- Ratings Since 2011
(DBN)

Warren, in detailed attack on private equity, unveils plan to stop 'looting' of US companies
(DBN)

The World Bank saw the debt crisis looming
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

NMHC: Apartment Market Tightness Index Increased in July
(DBN)

California Bay Area Home Sales Decline 4.7% YoY in Q2, Inventory up 11% YoY
(DBN)

Sacramento Housing in June: Sales Down 13.6% YoY, Active Inventory DOWN 11% YoY
(DBN)

Fewer Millennials are seeking mortgage help from parents
(DBN)

U.S. homeowners have never stayed put for this long
(DBN)

Average home seller saw 34% return on their investment in Q2
(DBN)

U.S. reform plan for Fannie, Freddie seen by Sept.: housing regulator
(DBN)

'This has got to be wrong': Disabled veteran's home sold at auction over $236 tax bill
(DBN)

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Municipalities:

More Puerto Rico protests planned as governor resists calls to resign Puerto Ricans, furious at their governor, are forging a movement to boot him out Protests in Puerto Rico show no sign of stopping as thousands take to the streets demanding governor resign over leaked text messages Leading figures of Puerto Rico gov’s party ask him to resign, avoid impeachment
(DBN)

Puerto Rico is in chaos, and some worry continued instability is a major threat Streets A ‘War Zone’ As Protesters Call For Puerto Rico’s Governor To Resign
(DBN)

Trump says bad things going on in Puerto Rico
(DBN)

These are the 50 worst-run cities in America
(DBN)

Most Segregated Cities in America
(DBN)

How Cities Develop: Urban Bust And Urban Boom
(DBN)

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Oil/Gas:

What a failed Iran deal would mean for oil prices and military tensions
(DBN)

Company affiliated with Brownsville export terminal project sued to force bankruptcy
(DBN)

Oilman already sentenced 18 years faces new indictment in Harris County
(DBN)

Emerge Energy Services LP Files for Chapter 11
(DBN)

IEA Revises Oil Demand Growth Downward
(DBN)

Oil Will Go ‘’Bust’’ If Recession Hits
(DBN)

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Student Debt:

All the ways student debt exacerbates racial inequality — ‘it’s like landing in quick sand’
(DBN)

A (Rare) Bipartisan Bill Takes On Student Debt
(DBN)

Here's how much student loan debt people in each state have
(DBN)

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Corporate Governance:

Why female CEOs have replaced men in record numbers since the Great Recession
(DBN)

____________

Radio:

Can iHeartMedia Rise Out Of The Chapter 11 Ashes?
(DBN)

____________

Climate:

“Increasingly Likely” Climate Change Liability Risks
(DBN)

The heat goes on: June toastiest on record, July may follow
(DBN)

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Hotels:

Bankruptcy settlement would lead to sale of Broward County hotel
(DBN)

____________

Pharma:

Prosecutors bring rare criminal charges against Ohio opioid distributor
(DBN)

Buried in opioids, sickened community eyes drugmakers' role
(DBN)

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New Bankruptcy Opinions
(3 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (20 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (0 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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D&O:

10 Tips For Responding To A D&O Insurance Denial Letter
(DBN)

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Tax:

Who Gets the $4 Million Tax Refund in Bankruptcy: U.S. Supreme Court to Decide (Rodriguez v. FDIC)
(DBN)

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Miscellaneous:

Journal of Corporate Renewal - June 2019
(DBN)

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Third Party Releases:

Fifth Circuit Considers Nonconsensual Third-Party Releases Outside of Bankruptcy
(DBN)

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Advisors:

Alix Seeks Another Probe of McKinsey Conflict Claims
(DBN)

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UST Fees:

Ch. 11 debtor must account for customer payments for trustee fees
(DBN)

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Property of the Estate:

Are funds seized prepetition by a creditor, and now in the possession of the Sheriff, Property of the Estate?
(DBN)

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Travel:

Airline sends $106,000 bill to woman who tried to open doors mid-flight
(DBN)

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Aviation:

Boeing to take $4.9 billion hit in second quarter on 737 Max grounding
(DBN)

____________

Electricity:

Hostile takeover of PG&E? Billion-dollar hedge funds duel over bankrupt utility
(DBN)

Bankruptcy watchdog pans employment terms for PG&E's new boss
(DBN)

Customers invited to weigh in on PG&E proposed rate hikes Tensions run high at PG&E rate hike meetings
(DBN)

Triple-digit temperatures could bring blackouts in New York City, DC and Chicago
(DBN)

____________

Healthcare:

Healthcare Consortium Studying Purchase of St. Christopher's Hospital for Children
(DBN)

This is how much long-term care could cost you, and don’t expect Medicare to help
(DBN)

Major Drexel medical layoffs could jeopardize patient care
(DBN)

____________

Taxis:

Mystery buyer snaps up taxi medallions as prices fall further
(DBN)

The Road to Justice for New York City Yellow Cab Drivers
(DBN)


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Newspapers:

Gannett nears deal to merge with GateHouse Media, combining 2 largest U.S. newspaper chains
(DBN)

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Retailing:

Struggling Barneys Considers Its Options, Including Bankruptcy
(DBN)

Dressbarn to close 53 stores in August, saying the wind down of the business is ‘on target’
(DBN)

Elizabeth Warren launched a new attack on private equity: Here’s how the downfall of Toys R Us got her there
(DBN)

JC Penney taps debt restructuring advisors
(DBN)

Toys R Us Is Coming Back But With A Different Approach Toys R Us Is Back With Experiential Retail Life after liquidation: Toys R Us stores will be back for the holidays Toys R Us is back from the dead, but its new stores are unrecognizable Toys 'R' Us Is Back. Meet The $40 Million-Backed Startup That Made It Possible
(DBN)

____________

Pensions:

Pricey pension rescue headed to House floor next week
(DBN)

What Crisis? The Case for Not Panicking Over Pension Debt.
(DBN)

Bevin issues call for special legislative session
(DBN)

____________

 

UK:

Jobs boost for personal insolvency firm
(DBN)

The Government fails to listen to lenders as it presses on with reforms which may stifle UK enterprise
(DBN)

____________

MENA:

Trump says US Navy shot down Iranian drone in ‘defensive action,’ escalating tensions in Gulf region Iran denies that the U.S. destroyed one of its drones
(DBN)

____________

India:

Jet Airways revival hopes all but over with claims totaling ?24,887 crore
(DBN)

No way to manage a bankruptcy proceeding
(DBN)

Fund diversions in bankruptcy cases: Govt panel to check 'fraud' by promoters
(DBN)

Why India’s Essar decision could kill the distressed debt market before it starts
(DBN)

____________

China:

Bankruptcy mechanism on the way
(DBN)

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