June 27, 2019

The Daily Bankruptcy News

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Law:

Amended Gender Discrimination Case Brings The Real Scoop On Jones Day Compensation Three Plaintiffs in Jones Day Gender Bias Suit Reveal IDs
(DBN)

Vault ‘Quality Of Life’ Rankings: The Best Law Firms To Work For In America (2020)
(DBN)

Davis Polk Elects New Bankruptcy Partner
(DBN)

Keeping The Law Personal During The Rise Of Robots
(DBN)

Sometimes It’s Better To Be Fired Instead Of Stealth Laid Off
(DBN)

How to mindfully navigate a career transition
(DBN)

Urge to merge: Difficult times for law schools have prompted several to attempt to be acquired by other schools
(DBN)

This lawyer serves up a deliciously different practice model
(DBN)

Navigating 'introvert hell': You don't have to be hard-charging to be an impactful legal networker
(DBN)

Redacting confidential client information: The devil is in the details
(DBN)

Facing Consequences And Moving On
(DBN)

The Biglaw Firms Where Lawyers Did The Most Pro Bono Work (2019)
(DBN)

Ex-Hunton Partner Resigns From EPA Amid Ethics Probe
(DBN)

Cozen O'Connor Encourages Attorneys to Use Preferred Pronouns in Show of Solidarity
(DBN)

The 5-Step Path to Meeting Your Firm's Marketing Goals
(DBN)

The Big Questions Congress Might Ask Robert Mueller 'Not a Friendly Subpoena': Mueller Will Testify July 17 in US House Trump lashes out at Mueller ahead of planned congressional testimony How Mueller's testimony could expose one of Trump's biggest crimes Mueller sets up dramatic showdown with deal for public testimony Mueller Sets Up Airing of Trump Probe With Risks for Both Sides Four reasons Mueller's agreement to testify is a big deal
(DBN)

Judge refuses to delay Democrats’ suit accusing Trump of violating the emoluments clause
(DBN)

House panel subpoenas Kellyanne Conway for refusing to testify about Hatch Act violations Kellyanne's Biglaw Husband George Conway Calls for Trump to Be Committed After Wild Fox Business Interview: ‘Take Him to Walter Reed’ The Hatch Act Explained
(DBN)

Photos of a migrant girl and her dad who drowned in the Rio Grande sparked a new wave of revulsion at US border policy That grim photo of the father and daughter who died trying to cross the border? O’Rourke blames Trump Father and daughter who drowned at the border waded into the river in desperation Inhumane treatment of immigrant children violates ‘law, court settlements and common decency,’ ABA says Candidates visit children's migrant shelter amid fresh fury over conditions House passes $4.5 billion aid bill to address the migrant surge along the US-Mexico border Senate approves $4.6 billion for border with few restrictions Some ICE officers are reportedly furious with how Trump is handling immigration issues and wondering 'what the hell is going on' at the border Militia member charged with impersonating US Border Patrol agent Highlights magazine is right about what we owe migrant children - and US children, too Photos from the Mexico-Guatemala Border Child treatment at Texas migrant facility not as described, Border Patrol says U.S. asylum officers call on court to end Trump's "Remain in Mexico" policy
(DBN)

DOJ Lawyer Says Words Taken Out Of Context… In Hour-Long Videotaped Hearing We All Watched Sympathy for the Devil: That DOJ Lawyer Who Denied Kids Soap
(DBN)

A new study found a link between the number of racist tweets and real-life hate crimes in 100 US cities
(DBN)

Former Green Beret to plead not guilty to murdering suspected Taliban bomb-maker in 2010
(DBN)

Facebook and YouTube are dealing with another horror video after a US police officer was livestreamed bleeding to death
(DBN)

2 more deputies fired for inaction during Parkland shooting
(DBN)

What happened when this prison couldn't hire enough guards? It put gangs in charge
(DBN)

Woman is Shot, Loses Unborn Baby, Gets Indicted
(DBN)

Bully, 13, attacks mother who reported him for racial taunts, sending her to hospital
(DBN)

800,000 eligible to clear their record in Illinois legal pot
(DBN)

New York legislature OKs ban on gay and trans ‘panic defenses’
(DBN)

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Judges:

BK NV: Bankruptcy Bugle Newsletter
(DBN)

Judiciary Creates Public User Group for PACER
(DBN)

All of the decisions the Supreme Court has made in 2019
(DBN)

U.S. Supreme Court to issue census, electoral map rulings on Thursday 4th Circuit allows trial judge to consider new evidence in challenge to census citizenship question
(DBN)

Opinion analysis: Justices leave agency deference doctrine in place – with limits Supreme Court keeps rule that strengthens the power of government regulators Roberts mostly joins liberal justices as SCOTUS refuses to overturn Auer decision on agency power Supreme Court rebuffs businesses, won't topple regulation precedent ‘Fractured and Divided,’ Justices' Agency-Power Ruling Sows Uncertainty
(DBN)

Momentous change may be upon Supreme Court
(DBN)

After nearly 30 years on the court, Justice Thomas’ supporters and detractors are still debating who he really is
(DBN)

Judge Judy’s Lifetime Achievement Is Teaching Us to Laugh at the Less Fortunate
(DBN)

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Wall Street:

Dow futures turn lower as investors focus on US-China trade and Boeing’s safety concerns
(DBN)

World shares rise on optimism around Trump-Xi meeting
(DBN)

Stocks move sideways on mixed messages from Trump, Mnuchin on China trade talks
(DBN)

There’s something wrong with this rally in the stock market, JP Morgan says
(DBN)

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Layoffs:

Philadelphia Energy Solutions to lay off 1,000
(DBN)

American Airlines wants to outsource another 5,000 maintenance workers, union says
(DBN)

A little-known trucking startup just beat Tesla and Waymo to run driverless semi-trucks on the open road
(DBN)

Sen. Baldwin pens letter rebuking Shopko parent-company, lack of severance pay
(DBN)

______________

Politics:

The first Democratic debates will take place this week — here's everyone who has officially announced they are running for president in 2020
(DBN)

Elizabeth Warren, rising in polls, gets centre stage at Democratic debate Finance pros who have tangled with Elizabeth Warren have a warning for her debate rivals Alexandria Ocasio-Cortez says Elizabeth Warren 'knocked it out of the park' in the first debate, while some candidates looked like unprepared schoolkids For Elizabeth Warren, Policy Is Personality Elizabeth Warren proved she’s ready for the big show
(DBN)

Julian Castro managed to break from the pack and dominate the stage at the first 2020 Democratic debate
(DBN)

Cory Booker showed he can be a contender
(DBN)

Amy Klobuchar owned Jay Inslee on abortion rights at the Democratic debate
(DBN)

Democrats take aim at big business, spar over health care in the first 2020 presidential debate Democratic candidates united in railing against economic inequality at first debate Economic plans, immigration take spotlight of first Democratic debate Highlights from 1st Democratic presidential primary debate Democrats team up on Beto Democratic candidates name greatest geopolitical threat to U.S. The first Democratic debate shows how far the party has moved to the left Democrats took a risk by speaking Spanish during the debate The power of Mitch McConnell, explained by one question in the Democratic debate Democrats gave the wrong answers about the gender pay gap  Why only 2 of 10 Democrats raised their hands to say they’d abolish private insurance
(DBN)

Fact check: Trump campaign's tweets on the Dems' debate Trump tried to pretend he was above watching the Dem debate. Turns out he wasn’t.
(DBN)

Winners and Losers from Democrats' Debate The first debate: Who won, who lost and what matters Ranking the Democrats' debate performances Democratic presidential debate: AOC reveals her breakaway candidates
(DBN)

Lesser-known candidates claw for airtime in often-heated discussions
(DBN)

Bernie Sanders is running on a plan to bail out rich kids Wonks hate Bernie Sanders’s debt relief plan. That’s the point Bernie Sanders’s 2020 presidential campaign and policy positions, explained
(DBN)

Joe Biden will never give up on the system Joe Biden’s 2020 presidential campaign and policy positions, explained
(DBN)

Republicans want Donald Trump to ignore the Democratic debate fray. He’s making no promises.
(DBN)

Trump’s bizarre attack on McCain lowlights raucous speech to evangelical group
(DBN)

Howard Dean says Democrats will lose if they have 'two old white guys' on presidential ticket
(DBN)

Here's everything we know about the net worth and personal finances of every 2020 Democratic presidential candidate
(DBN)

There will be more women on the debate stage this week than ever in US history
(DBN)

Here's where the 2020 Democratic presidential candidates agree and disagree on the issues
(DBN)

Democratic voters have high expectations for the frontrunners at the first debates of the 2020 campaign, according to a new poll
(DBN)

25% of Bernie Sanders' supporters don't trust the Democratic National Committee to run a fair 2020 primary
(DBN)

Trump threatens to sue Facebook and Google and rails against big tech companies for being 'totally biased'
(DBN)

Trump raises eye-popping $36 million in the week buildup to first 2020 Democratic debates
(DBN)

The captain of the US women's soccer team said she's 'not going to the f------ White House' if the team wins the World Cup Trump blasts Megan Rapinoe over White House visit comments
(DBN)

Former Fox News reporter leaves network over ‘partisan misinformation’
(DBN)

Poll: Americans Say We're Angrier Than A Generation Ago
(DBN)

Eric Trump says he was spit on by employee at Chicago cocktail bar
(DBN)

As he heads to Japan, Trump complains of lopsided military obligations
(DBN)

Trump told reporters it's 'none of your business' what he and Putin speak about at the G20 summit
(DBN)

Lawyers, songs and money: Music that changed the law
(DBN)

____________

Resorts:

Deal lets luxury Montana ski club keeps its liquor licenses
(DBN)

____________

Coal:

US generates more electricity from renewables than coal for first time ever
(DBN)

____________

Entertainment:

Harvey Weinstein Audio From New York Times Interview Shows Angst Before Storm: “I’m Not The Sinner You Think I Am”
(DBN)

___________


Economy:

Just 43% of Americans say they could come up with $2,000 for an emergency
(DBN)

A shocking number of Americans don’t know whether they have credit card debt or not
(DBN)

Scarred by the Great Recession, Americans see more storm clouds on the horizon
(DBN)

CBO Report on National Debt is a Bummer
(DBN)

The Fed is doing something new: listening to low-income workers
(DBN)

The ‘new normal’ of slow growth is growing old, with no end in sight
(DBN)

The Pain Of This New Economic Downturn Is Starting To Show Up All Over The Country
(DBN)

Trump says he'd prefer Europe's central-bank chief 'instead of our Fed person'
(DBN)

Powell To Trump: Get Off My Lawn, Donald
(DBN)

Economist: USA may be in recession
(DBN)

Trump Threatens New Tariffs on China China’s Xi is reportedly expected to present Trump with terms for settling trade deal Trump Blasts Europe Ahead of G20 Trump Demands India Withdraw Tariffs These stocks will be hit hardest in a long, multi-pronged trade war Technology companies just testified in Washington about how Trump's next round of China tariffs could hurt them. Here's what they said US Businesses Testing Trump's Trade Restrictions Mnuchin: ‘We were about 90% of the way’ on China trade deal and there’s a ‘path to complete this’ Trump says this is his ‘Plan B’ if China-U.S. trade talks collapse Trump threatens Vietnam, which has been benefiting from U.S. tariffs on China Trump to meet Putin, Xi at G-20, but with unclear goals, expectations low Trump heads to Asia for global talks on trade, Iran and more These giant cranes show why the next fight in the US-China trade war could be so damaging The New Era of Great Power Competition EU Commissioner on the US China Trade War Trump Warns China Again About New Tariffs, Suggests Vietnam is Next Companies are dodging Trump's tariffs by sneaking Chinese goods through Vietnam, but their strategy could backfire US-China Agree to Truce Before G20 Huawei Worked w/ China Military on Projects Eurozone factory confidence dips on trade disputes
(DBN)

Move over, millennials! This generation is even more obsessed with fame and fortune
(DBN)

A China trade deal could cancel Federal Reserve interest-rate cuts
(DBN)

Chemical Activity Barometer "Flat" in June
(DBN)

Low-tax states ramp up efforts to recruit unhappy SALT cap victims
(DBN)

Is Imposing A Wealth Tax A Good Idea?
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

Home prices flatlined in April, Case-Shiller says Zillow Case-Shiller Forecast: Same YoY Price Gains in May as in April

(DBN)

Build-to-rent housing market explodes as investors rush in
(DBN)

Real House Prices and Price-to-Rent Ratio in April
(DBN)

There’s a huge gap between what home buyers want and what’s for sale
(DBN)

New Creditor Joins Bankruptcy Suit Against Live Well Financial
(DBN)

How Glenn Rufrano Became the CRE Industry’s Mr. Fix-It
(DBN)

Fast-growing cities see substantial decline in affordable housing
(DBN)

How Do Rich Neighborhoods Exist So Close to Poor Ones?
(DBN)

Calif. Supreme Court Allows Creditor Holding Senior and Junior Liens to Seek Deficiency on Sold-Out Second Lien
(DBN)

____________

Municipalities:

Puerto Rico oversight board certifies water utility's fiscal plan
(DBN)

Puerto Rico FOMB sees deal as way out of Title III, denies disparate bond treatment
(DBN)

'The show must go on,' says Puerto Rico's financial czar
(DBN)

The Far-Reaching Effects if Puerto Rico Snubs Precedent and the Rule of Law
(DBN)

Adams explains Perla Water bankruptcy
(DBN)

Post Platte Default: Sell All Your Appropriation-Backed Municipal Bonds?
(DBN)

High Tax States Are Practicing Financial Destruction
(DBN)

Cities are Reeling from Ransomware Attacks
(DBN)

____________

Oil/Gas:

From bankruptcy to fire to closure, a rocky end for Philadelphia Energy Solutions East Coast braces for tighter gas supplies with key refinery set to close permanently Biggest East Coast Refinery to Close, Driving Up Fuel Prices After refinery shutdown, what happens to the land? City convenes working group on PES refinery fire Largest oil refinery on US east coast for sale after blasts
(DBN)

Houston energy CEO: What's next after bankruptcy buyout and what went wrong last time
(DBN)

Rising Oil Prices Will Test Frackers
(DBN)

Dallas Fed Reports Dwindling Support in Region for Oil, Natural Gas Activity, Prices to End of Year
(DBN)

Offshore's Future Constrained by Cash Problems?
(DBN)

____________

Religion:

Diocese Reaches Settlement In Bankruptcy New Ulm Diocese Settles With Clergy Sex Abuse Victims Diocese of New Ulm reaches $34M settlement in bankruptcy case
(DBN)

Law firm to release names of 109 clergy accused of sexual abuse in Diocese of Phoenix
(DBN)

Catholic Diocese of Cleveland adds 22 names to list of clergy accused of sexual abuse
(DBN)

____________

Climate:

Climate change will be the biggest issue dividing Democrats during the first 2020 debates
(DBN)

We're headed for 'climate apartheid,' in which the poor will suffer while the rich save themselves, warns a chilling UN report
(DBN)

Higher temperatures could fuel a global energy demand to stay cool
(DBN)

Temperature records are melting away in Miami
(DBN)

The heat wave in Europe is so intense that the weather map of France looks like a screaming heat skull of death 'Hell is coming': Western Europe faces its hottest weather since a 2003 heat wave killed 15,000 people in France In photos: Europe swelters through a blistering heat wave
(DBN)

Climate got more time in the Democrats’ first 2020 debate than in all 2016 debates combined
(DBN)

____________

Education:

College is more expensive than it's ever been, and the 5 reasons why suggest it's only going to get worse
(DBN)

____________

Trucking:

Truck driving could soon be a desk job
(DBN)

____________

Crypto:

Bitcoin rallies 15% topping $13,000 Bitcoin stages parabolic rise to near $14,000, surging 320% since December as euphoria sets in — again
(DBN)

Mt. Gox Founder Knew of Security Risks Years Before Collapse, Lawsuit Claims
(DBN)

____________

Maritime:

Solstad Offshore secures additional time for restructure plan
(DBN)

____________

Boxing:

Boxing's AIBA stripped of Olympic status by IOC Timeline of boxing body AIBA's problems
(DBN)

____________

Home Security:

Monitronics plans to file for Chapter 11 bankruptcy protection
(DBN)

____________

Agribusiness:

The Cry for the Family Farm
(DBN)

____________

Autos:

Tesla's Head of Production Leaves
(DBN)

____________

Pharma:

Another doctor charged with taking bribes, kickbacks to prescribe fentanyl in alleged Insys scheme
(DBN)

Florida AG, Other Gov't Plaintiffs Object to Insys Bankruptcy Procedure
(DBN)

Aegerion says $20 mln DIP loan for Ch. 11 bankruptcy is best offer
(DBN)

____________

Hedge Funds:

Lawyer for Platinum Partners founder assails prosecutors' 'lies'
(DBN)

____________

Cannabis:

Cannabis Businesses in Bankruptcy
(DBN)

____________

Building Materials:

Wood-Mode may head into bankruptcy; still no contact from owners
(DBN)

____________

Logistics:

Amazon, the new king of shipping
(DBN)

____________

Fraud:

Wedding-Venue Chain Founder Must Fork Over Cash Amid Fraud Claim
(DBN)

____________

Non-Profits:

Top NRA executive resigns amid tumult NRA Splits with PR Firm, TV and Lobbyist
(DBN)

____________

Telecoms:

Windstream snaps up 5G spectrum amid Chapter 11 proceedings, foreshadows post-bankruptcy business plan
(DBN)

____________

Jewelry:

Jewelry Wholesaler Files for Bankruptcy
(DBN)

___________

 


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 (14 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)

______________

Litigation:

Harvard Invests in Litigation Funding With IMF Bentham
(DBN)

____________

Bankruptcy Reforms:

Relief urged for family farmers facing bankruptcy
(DBN)

Antitrust Subcommittee Hears Testimony on Student Debt Crisis, Bankruptcy Reform
(DBN)

____________

Franchising:

Franchising and Insolvency
(DBN)

____________

Intercreditor:

Third Circuit Rules Intercreditor Agreement Doesn't Apply to Plan Distributions
(DBN)

____________

Interest:

Fifth Circuit Denies Post-Petition Default Interest to Fully Secured Creditors
(DBN)

____________

Claims:

US Bankruptcy Court Finds that CERCLA § 104(e) Request and National Priority Listing Do Not Constitute “Claims” Under New York Law
(DBN)

____________

Cross-Border:

Singapore Court of Appeal Issues Landmark Ruling on Schemes of Arrangement
(DBN)

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Prepacks:

The Upside Of The Fastest Chapter 11 Confirmation Ever
(DBN)

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Venue:

Bankruptcy turf wars
(DBN)

____________

Standing:

Creditors of a Limited Partnership or a Limited Liability Company Lack Standing to Sue Derivatively Under Certain State Laws
(DBN)

____________

Automatic Stay:

Mortgagee Stay Relief: Make Sure You Know the Scope of the Relief or Else
(DBN)

____________

Retailing:

Supreme Court strikes down Tennessee liquor sales law in win for big retailers
(DBN)

Forever 21 Taps Lazard, Kirkland for Restructuring Advice
(DBN)

Sears canceled the life insurance coverage of 29,000 retired employees. A judge just gave them a chance to fight for their benefits Sears retirees win a life insurance court battle
(DBN)

An Unwrapping of the Toys “R” Us Chapter 11 Bankruptcy
(DBN)

The Limited Liquidates
(DBN)

Sears’s Bankruptcy: from Roebuck to No Bucks
(DBN)

Pier 1 to Close 57 Stores, More May Follow Pier 1 Earnings: PIR Stock Plummets as Q1 Loss Widens, Sales Fall 15% Pier 1 Drops as Retailer Posts Seventh Straight Sales Decline
(DBN)

____________

Electricity:

Is A New Name Coming? Lenders Propose $30 Billion Restructuring Plan For PG&E
(DBN)

Under PG&E New Bankruptcy Plan Shareholders Could Face Massive Dilution
(DBN)

PG&E power line blamed for sparking Monterey County wildfire
(DBN)

Notice Plan and Deadline for Wildfire Claims Set in PG&E Bankruptcy Important Alert for Those Affected by 2018 Camp Fire PG&E Receives Court Approval of Bar Date; Will Provide Broad Public Notice of Process for Filing Claims
(DBN)

6th Circ. Torn Over FERC's Power Deal Authority In Ch. 11
(DBN)

PG&E bankruptcy emboldens California municipalities – but breaking up is hard to do
(DBN)

____________

Aviation:

Boeing CEO says company is in talks to reimburse airlines after 737 MAX grounding
(DBN)

FAA Finds New Flaw in 737 Max
(DBN)

Lightning Strikes Boeing Once Too Often
(DBN)

____________

Food/Beverage:

S&P warns of trouble cooking in the restaurant sector
(DBN)

Austin: Facing foreclosure, Celis Brewery may file for bankruptcy
(DBN)

____________

Student Debt:

CFPB Settlement Effectively Forgives $168 Million in ITT Private Student Loans
(DBN)

Jamie Dimon sounds off on student debt crisis: ‘What we’ve done is a disgrace’
(DBN)

If your student debt disappeared, would you save more for retirement?
(DBN)

Yes, I want to pay off my student loans
(DBN)

As progressives call for student debt cancellation, loan companies flex influence in Washington
(DBN)

Manhattan Institute's Akers on Tackling Student Debt
(DBN)

The 'after' picture of student loans: Credit card debt, smelly cars, pawn shops to make ends meet
(DBN)

Canceling Student Loan Debt Doesn’t Make Problems Disappear
(DBN)

FactCheck: "Forty years ago, a federal Pell Grant paid for nearly 80% of tuition, fees, room and board at a four-year college"
(DBN)

Who Pays for Student-Debt Forgiveness?
(DBN)

____________

Healthcare:

Palm Drive celebrates end of bankruptcy
(DBN)

Revolving loan fund for rural hospitals pitched in Senate
(DBN)

Iron County Medical Center, USDA seek repayment deal
(DBN)

Springfield Hospital files for Chapter 11 bankruptcy protection
(DBN)

Philadelphia hospital owner announces closure, citing losses What Hahnemann's closing means for Drexel University's medical school
(DBN)

When Hospitals Sue For Unpaid Bills, It Can Be 'Ruinous' For Patients
(DBN)

A new question in the Texas ACA case
(DBN)

Conservatives unhappy with surprise billing approach
(DBN)

Kill off the health insurers? Medicare-for-All is point of contention in Democratic debate
(DBN)

____________

Soccer:

Serie B: Palermo fans protest bankruptcy
(DBN)

____________

UK:

Litigation funder rides insolvency wave
(DBN)

Northern Ireland has UK's biggest jump in insolvency since vote to leave the EU
(DBN)

Retailers see fastest drop in sales since financial crisis- CBI
(DBN)

Boris Johnson's opponents plan to shut down his government if he attempts to force a no-deal Brexit
(DBN)

____________

EU:

New EU Restructuring Directive: A game changer for restructurings?
(DBN)

The EU’s insolvency reform: Right direction, not enough, and important issues left unaddressed
(DBN)

____________

Canada:

Is This Canadian Bank at Risk?
(DBN)

Court agrees to suspend legal proceedings against tobacco companies until fall
(DBN)

____________

India:

Awaiting refund of canceled Jet flight? You are unlikely to get it soon
(DBN)

Finance ministry seeks state fund payout cut amid fears about lending crunch
(DBN)

____________

MENA:

Trump says he's 'not talking boots on the ground' if the US takes military action against Iran Reports that Iran's president called Trump administration 'afflicted with mental retardation' appear to have been based on a mistranslation Salvos of insults stoke tensions with Iran
(DBN)

America’s ‘Free-Rider’ Problem in the Strait of Hormuz
(DBN)

____________

Kazakhstan:

Kazakh leader to wipe out debt of the poor, end bank rescues
(DBN)

____________

Vietnam:

Bank restructuring needs the participation of many parties
(DBN)

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