July 23, 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:

Liddle & Robinson Hits Ch. 11, Citing Alleged Bad Loans Employment Litigator Files for Bankruptcy, Listing Over $10 Million in Debts
(DBN)

Controversial Penn law prof is under fire for remarks about third-world immigration
(DBN)

Baker McKenzie Exits 'Operation Carwash' Malpractice Suit
(DBN)

Anthony Scaramucci Joked His Way Through Harvard Law — Then Failed The Bar Exam, Twice
(DBN)

Morgan & Morgan Accuses Carlton Fields of Putting 'Cash Ahead of Duties' in Malpractice Case
(DBN)

He’s 31, he’s a lawyer, and he’s still getting stopped by the police
(DBN)

For Legal Research, Brief Analysis Is The New Vogue
(DBN)

Is Practicing Law In-House Better? The Two Sides of the Coin
(DBN)

‘America’s DA’ Robert Morgenthau dies at 99
(DBN)

Airport workers say they saw teens traveling with Jeffrey Epstein to and from his private island in the Caribbean The big names in Jeffrey Epstein’s ‘Black Book’: Trump, Clinton, Woody Allen, Bill Cosby and more
(DBN)

The 14 most well-known unsolved missing person cases in history
(DBN)

The Trump administration is speeding up deportation procedures Trump Warns More Power for Deportations Mexico says no to safe third-country asylum discussion with U.S. Mexico: No Asylum Discussions with US Real estate developer takes on Trump’s immigration policy: ‘Don’t send them home, send them to us’ U.S. Asylum Seekers Have Right to Bond Hearings for Now, Court Says
(DBN)

Trump attacks Mueller ahead of highly anticipated testimony Justice Department says it expects Robert Mueller to stay in his lane at this week's blockbuster hearing Federal judge sides with Russian company, rebukes Mueller, Barr A Few Questions for Robert Mueller Washington Can’t Wait for Mueller. Voters Have Moved On Pelosi's guide to the Mueller hearings
(DBN)

13 cops in this state will be fired because of offensive Facebook posts 2 Louisiana police officers have been fired over a Facebook post that suggested Alexandria Ocasio-Cortez should be shot
(DBN)

Posting negative review online can get you sued
(DBN)

Sexual harassment at work is finally on the decline — now for the bad news
(DBN)

Trump Support Cited As Mental Incapacity In Slaying Of Reputed Mob Boss — A Totally Normal Headline That Would Make Absolutely No Sense Before 2014
(DBN)

______________

Judges:

Judicial Law Clerk Wanted – Term Pittsburgh, Pennsylvania
(DBN)

A Supreme Court ceremony for Justice Stevens: “A modest and humble man” Remembering Justice Stevens: A lost link to our past 80 Former Stevens Clerks Honor Their 'Best Boss' in Farewell Trump, Justices Honor Stevens at High Court Ceremony
(DBN)

Justice Neil Gorsuch Shares Law School Advice With 1L Who Wanted An Autograph
(DBN)

Judge Won’t Stop Vaping On The Bench
(DBN)

Tampa Bay Rays Prospect Scores Clerkship With Clarence Thomas
(DBN)

Ex-Ohio Judge Dragged from Court by Bailiffs
(DBN)

______________

Wall Street:

Stocks close higher on back of tech rally; Apple shares boost the Dow
(DBN)

______________

Layoffs:

Deutsche Bank Executives Celebrated Mass Layoff Day In Style
(DBN)

Huawei's US arm laid off nearly 600 workers as the trade ban bites
(DBN)

______________

Politics:

Trump now: Criticizing America is unpatriotic. Trump then: America “is going to HELL.”
(DBN)

Elizabeth Warren sees “serious warning signs” of an economic crash
(DBN)

Omarosa outs Mike Pence’s nephew as a ‘section leader’ who orchestrates Trump rally chants
(DBN)

How Trump could lose by 5 million votes and still win in 2020
(DBN)

Team Trump sells $200,000 worth of plastic straws, mocks liberals in the process
(DBN)

Trump Rating Hits High After Racist Tweets
(DBN)

How Al Franken ‘got railroaded’ Al Franken Resignation Was Right Thing to Do 7 Senators Regret Forcing Franken to Quit What Jane Mayer Got Wrong About Al Franken
(DBN)

Betsy DeVos and family see profits soar after Trump tax reform bill and deregulation efforts
(DBN)

Attorneys for convicted mail bomber Cesar Sayoc claim he watched Fox News 'religiously' and was influenced by Sean Hannity's rhetoric
(DBN)

Trump Promised Worldwide Respect for America, You Know What Happened Next
(DBN)

‘It’s a disaster over there’: Commerce reaches new heights of dysfunction
(DBN)

Trump might use his own Florida golf resort to host G7 meeting next year
(DBN)

Is Congress Rigged for the Rich?
(DBN)

Our Ambassador to Canada is AWOL
(DBN)

____________

Climate:

New York just passed the most ambitious climate bill in the country
(DBN)

Poll: Early state Democratic voters care about climate change
(DBN)

____________

Healthcare:

Private health insurance is in a 'death spiral' because millennials don't want to pay for it — now one insurer wants to force them by scrapping Medicare
(DBN)

The cost of unnecessary ER visits
(DBN)

Measles in U.S. creeps back toward endemic status
(DBN)

____________

Maritime:

Emas Offshore applies for judicial management Emas applies for judicial management after failed rescue deals
(DBN)

____________

Education:

Deep budget cuts put University of Alaska in crisis mode; 'grappling with survival'
(DBN)

____________

Autos:

Continental's Warning on Car Slump Shows Reality Is Hitting Home
(DBN)

____________

Agribusiness:

Trade War Money Finally Flows to Farmers
(DBN)

____________

Television:

2019 sees record number of TV blackouts
(DBN)

____________


Economy:

Chicago Fed "Index Points to Economic Growth near Historical Trend in June"
(DBN)

The Fed Was Waiting on Data. It Found a New Mind-Set Instead.
(DBN)

The coming mass extinction of Fortune 500 companies
(DBN)

Trump’s choice: Yield to China or raise trade tariffs and pave the way for Fed’s easing It's China's World Now Hit by 93% Tax, Napa Wine Falls Victim to Trade War in China
(DBN)

Hotels: Occupancy Rate Decreased Year-over-year
(DBN)

Trump Wants a Weak Currency. Rivals Do Too, and That’s a Problem
(DBN)

Elizabeth Warren just issued a stark warning around a 'coming economic crash' — and outlined a plan to avoid it Elizabeth Warren warns that Trump may trigger economic meltdown Sen. Elizabeth Warren says ‘warning lights are flashing,’ cautions that ‘odds of another economic downturn are high’ Elizabeth Warren’s recession scare appears long on fear, short on facts
(DBN)

UBS CEO Warns of ‘Dangerous’ Bubbles Spurred by Central Banks
(DBN)

UBS’s Ermotti Warns of ‘Huge Change’ as Rate Reversal Hits Banks
(DBN)

Fed could worsen the next recession with a July rate cut, says Mizuho economist
(DBN)

Could a second straight quarter of falling earnings signal a possible recession?
(DBN)

Racking up credit card debt again? You’re not alone
(DBN)

The Stock-Buyback Swindle
(DBN)

Top Twenty Five GDP Quarters since 2000
(DBN)

Democrats and the White House are close to striking a budget and debt ceiling deal Budget deal likely to include few or no cuts while lifting debt limit for two years Here’s what’s in Washington’s emerging debt and spending deal White House and Congress reach deal to avert major fiscal crisis in Washington 2020 Democrats Fear Debt Deal May Swamp Next President's Agenda Budget Deal Adds $2 Trillion to National Debt
(DBN)

Once Feared Dead, Globalization Is Still Very Much Alive
(DBN)

Trump Administration Moves to End Food Stamps for 3 Million People
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

Another bad sign for the housing market: Remodeling spending is expected to slow
(DBN)

San Francisco’s housing market is so dire that tech workers are spending over $2,000 a month to rent rooms in vacant Victorian homes
(DBN)

Air Force Suspends Fee Payments to Landlord of Military Housing
(DBN)

____________

Municipalities:

Hundreds of thousands protest in Puerto Rico Puerto Ricans Just Shut Down a Major Highway Because They’re Not Kidding About #RickyRenuncia Protests grow as calls mount for Puerto Rico governor to resign Hundreds of thousands fill streets of Puerto Rico as governor refuses to resign Puerto Rico Governor Won’t Run Again, But Many Want Him Out
(DBN)

Police fire teargas to break up massive protests demanding Puerto Rico governor resign
(DBN)

The Puerto Rican diaspora is buying last-minute tickets to join historic protests
(DBN)

Cruise tours are canceling trips to Puerto Rico amid mass protests, which could cost the island millions
(DBN)

Trump slams Puerto Rico leaders, says governor is 'terrible' Trump claims nearly 100 per cent in Puerto Rico watched the beauty pageants he owned as he slams governor as 'terrible' and gets in another shot at San Juan mayor
(DBN)

Scandals and storms have left Puerto Rico drowning in debt
(DBN)

____________

Oil/Gas:

Philly refinery owner files for bankruptcy - again Another Bankruptcy for S. Philly Refinery: What Happens Now? PES Energy Bankruptcy: What Does It Mean For The Oil Refinery?
(DBN)

Philadelphia Energy Solutions seen selling RIN credits in months before bankruptcy: sources
(DBN)

NuStar among creditors in Dallas-area company's murky bankruptcy
(DBN)

____________

Student Debt:

How much student-loan debt forgiveness would have a real impact? $10K per borrower, according to new analysis
(DBN)

Bankruptcy and Student Loans
(DBN)

Taking on the Challenge of Curbing Skyrocketing Student Loan Debt
(DBN)

Sens. Murphy, Udall introduce bill to help young farmers pay student loan debt
(DBN)

'I'm Drowning': Those Hit Hardest By Student Loan Debt Never Finished College
(DBN)

Can’t shake your student debt? Thank Joe Biden's votes.
(DBN)

How To Graduate College Debt Free (From Four People Who Did It)
(DBN)

____________

Corporate Governance:

The depressing theory why more women replaced male CEOs in the years since the Great Recession
(DBN)

____________

Credit Reporting:

Equifax Reaches $1.4B Data Breach Settlement in Consumer Class Action Consumers could get up to $20,000 apiece in Equifax settlement — how to get your share Proving you deserve $20,000 from the Equifax settlement will be nearly impossible
(DBN)

____________

Pharma:

Opioid Litigation Could Cause Force Big Pharma Firms Into Bankruptcy: Tilson
(DBN)

Chandler opioid maker loses top legal exec amid bankruptcy
(DBN)

____________

Weddings:

TX: 5 things to know about wedding venue closing after filing for bankruptcy just weeks ago
(DBN)

____________

Food/Beverage:

Durango: Restaurateur’s real estate firm files bankruptcy
(DBN)

____________

Electricity:

Tubbs Fire victims look to pursue case against PG&E
(DBN)

Equity Gets Smoked under Bondholder Plan, Even as PG&E Smolders
(DBN)

Lawmakers consider a break for struggling power plant
(DBN)

New York Joins List of U.S. Cities Looking to Own Power Grid NYC Mayor Suggests ConEd Takeover After Heat Forces Shutdown
(DBN)

____________

Celebs:

These 10 billionaires have all gone broke or declared bankruptcy - read the wild stories of how they lost their fortunes
(DBN)

___________

 


New Bankruptcy Opinions
(9 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (39 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)

______________

Bankruptcy Statistics:

Weekly Bankruptcy Claims Trading Activity
(DBN)

______________

Discharge:

SCOTUS Adopts ‘Objectively Reasonable’ Standard for Violations of Bankruptcy Discharge Orders
(DBN)

____________

Automatic Stay:

Oh Won’t You Stay: The Exception to the Governmental Unit Exception to the Bankruptcy Code’s Automatic Stay
(DBN)

Bankruptcy Litigants Beware: Stay Violations Come in all Shapes and Sizes
(DBN)

____________

IP:

Supreme Court Settles Dispute Over Effect of Trademark License Rejection in Bankruptcy
(DBN)

____________

Fraud:

Madoff: Insolvency Laws Without Borders
(DBN)

Baseball card collecting world rocked by fraud scandal
(DBN)

Several Top SFX Executives — Including CEO Robert F.X. Sillerman — Agree to a $7.5 Million Stock Fraud Settlement
(DBN)

____________

Retailing:

J.C. Penney Says Bankruptcy Not in the Cards JCPenney stock sinks under $1 after debt restructuring reports Is JCPenney the Next Retail Casualty? Stock Tumbles on Bankruptcy Fears J.C. Penney: The Restructuring Question Lingers
(DBN)

Toys ‘R’ Us is making a comeback in the U.S., but maybe it shouldn’t The Toys Are Back In Town: A Reimagined Toys ‘R’ Us Returns
(DBN)

GNC could close up to 900 stores and slash its mall location count in half as the retail apocalypse roars on GNC plans to close up to 900 stores with a focus on mall locations
(DBN)

High Rent Costs Hurting Retailers
(DBN)

____________

Healthcare:

America’s long-term care crisis is worsening
(DBN)

What experts say about Bernie Sanders’s plan for long-term care
(DBN)

____________

Coal:

Coal Bankruptcies Continue With Blackhawk Filing
(DBN)

Wyoming eyes ongoing cuts amid prolonged energy downturn
(DBN)

Judge executive auctions off UK basketball to raise money for Blackjewel miners' children
(DBN)

Blackjewel workers not 'terminated,' company says; can't access 401(k) accounts
(DBN)

____________

Religion:

With millions in debt, NY evangelical camp for troubled teens is moving to Pickens County
(DBN)

____________

Mass Torts:

Johnson & Johnson faces key test in defense against talc-safety lawsuits
(DBN)

Johnson & Johnson aims to torpedo thousands of talc cases with one high-stakes hearing
(DBN)

____________

Movies:

If Hollywood adjusted its highest-grossing films for inflation, this would be the top 10
(DBN)

____________

UK:

HMRC insolvency cash grab a ‘bad deal’ for North East businesses and taxpayers
(DBN)

Brace yourselves for Britain’s new prime minister — here’s how markets may react Boris Johnson set to become U.K. prime minister
(DBN)

How the Fringe Reshaped British Politics
(DBN)

Belfast shipyard jobs 'in peril' - H&W may go to wall, union warns
(DBN)

The UK might already be in a recession — before even leaving the EU
(DBN)

U.K. Manufacturing Orders Fall at Fastest Pace Since 2009 Crisis
(DBN)

Brexit Harming UK Industrial Strategy
(DBN)

Green Finance: is your business ready? Future challenge or opportunity?
(DBN)

____________

EU:

ECB Says Company Loan Standards Tighten on Concerns Over Outlook
(DBN)

____________

Canada:

Supreme Court to Consider Enforceability of Consequences Imposed Upon Insolvency
(DBN)

____________

MENA:

Bankruptcy institution needed in Azerbaijan
(DBN)

Trump says he could win Afghanistan war ‘in a week’ by wiping country ‘off the face of the Earth’ Trump says he could win war in Afghanistan but doesn't want to 'kill 10 million people'
(DBN)

Iranian officials say 17 alleged US spies captured, some sentenced to death Iran says it arrested 17 people spying for the CIA. The US says it’s fake news The Many Ways Iran-U.S. Tensions Could Blow Up
(DBN)

‘Slaughter the Jews’ painted in Arabic on Western Wall in Jerusalem
(DBN)

____________

India:

Veteran Banker Sees Foreign Funds as Cure to India Credit Crisis
(DBN)

Banks Helped Builder Divert Funds, India's Top Court Says
(DBN)

____________

South Africa:

Eskom Bailout Wreaks Havoc on South African Government Finances South Africa May Boost Borrowing Needs to Fund Eskom Rescue
(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