March 21, 2019

The Daily Bankruptcy News

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Law:

Bankruptcies, Deals and Litigation Push Weil Gotshal to New Highs
(DBN)

Associate Job Reviews Are Usually A Big Waste Of Time
(DBN)

Who Says You Can’t Afford To Go To Private Law School?
(DBN)

How I Made Partner: Fisher & Phillips' Jessica Causgrove
(DBN)

How Will The ‘Access To Education’ Scandal Impact Access To Justice?
(DBN)

T14 Law School Plans Expansion
(DBN)

Federal Judge Throws Sinking Western State Law a Short-Term Lifeline
(DBN)

The new arms race for USNWR law specialty rankings
(DBN)

University Of Akron Excludes Law School ('Strategic Investment Area') From Buy-Outs Offered To 47% Of Faculty
(DBN)

March Madness Law School Bracket
(DBN)

After 40 years it's all change at Milbank
(DBN)

5 Ways Law Firms Can Start Preparing for the Future Today
(DBN)

Law firm selling bankruptcy services online, slow to issue refund
(DBN)

Apple improves the AirPods
(DBN)

Mueller's team just asked for an extension on their deadline, citing a large workload • As Washington awaits Mueller’s report, here’s what we know about the investigation • Battle over Mueller report is going to get worse before it gets better • Will we see the Mueller report? Actually, there are two — and Bill Barr can't hide the second one • Preet Bharara Expects a 'Lengthy, Detailed' Mueller Report • Trump Reportedly Looking to Use Mueller Report to His Advantage as WH Grows Optimistic • How Trump Could Still Gut The Mueller Report • Mueller's Media Hyped Up Moment • Will There Be Smoking Guns in the Mueller Report? • Trump: Let People See The Mueller Report • Trump on Mueller report: 'Let it come out' • Trump: I Told GOP to Vote to Make Mueller Report Public • New Mueller probe revelations explain Trump's rage • Why an unbuilt Trump Tower in Moscow caught Robert Mueller's attention • Ex-U.S. Attorney Bharara to Trump: don't mess with Manhattan probes • Due to Math 'Error' Manafort Owes Even More Money in Restitution, But He's Not Signing Off On it • Mueller’s Early Scrutiny of Michael Cohen Rooted in Foreign Ties • Hope Hicks to Cooperate in Trump Probe • 'Various Prosecution Offices' Have Advised Top Mueller Witness Not to Talk to Congress -- Yet • Trump's Legal Jeopardy Goes Beyond Mueller
(DBN)

When Trump Blocks You on Twitter, He’s Violating the First Amendment
(DBN)

Robert Kraft will reportedly turn down prosecutors 'unusual' offer to drop charges in massage-parlor case
(DBN)

Epstein Victim Lawyer: Prosecutors Lied • Anonymous Individuals Fight Possible Unsealing of Details Related to Alleged Epstein Ring
(DBN)

Emoluments: Judges Lean Towards Trump • Trump Emoluments Challengers Face Skeptical Appeals Court Panel
(DBN)

Trump wants to use a big banking settlement to help build his border wall
(DBN)

U.S. to Stop Detaining Some Migrant Families at Border Under New Policy • Controversial Trump Administration Protocol for Asylum Seekers Will Begin in El Paso
(DBN)

California National Guard to Leave Border, Help Stop Wildfires • Mexicans Steal US Razor Wire for Homes
(DBN)

Police chase ends in suspect breakdancing
(DBN)

Did an ax murderer go free? ‘The Trial of Lizzie Borden’ examines the evidence
(DBN)

John McAfee Won't Pay $25M Judgment in Wrongful Death Case, Has Ignored All Lawsuits for 11 Years
(DBN)

New Zealand bans assault weapons, just days after mosque massacre • Founder of 8chan expresses regret in wake of New Zealand massacre • NZ Police charged attacks suspect with murder of person still alive
(DBN)

Ex-Beauty Queen Paid $3M for Hubby's Death
(DBN)

Man charged with fatal stabbing thought victim was werewolf
(DBN)

Fall Out Boy Sued for Misusing Llama Puppets
(DBN)

Hedge fund lawyer ‘repeatedly punched’ fellow opera-goer in fight over seat, court hears
(DBN)

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Judges:

Clarence Thomas speaks on the bench after 3-year silence • Justice Thomas breaks 3-year silence in oral arguments • Thomas Asks Rare Question About Race in Jury Selection
(DBN)

Biography of Chief Justice Roberts views him as an enigma
(DBN)

The American Bar Association says US immigration courts are ‘on the brink of collapse’
(DBN)

SCOTUS Stunned by Mississippi Jury Bias
(DBN)

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Wall Street:

Stock-index futures edge mostly lower after Fed signals rates on hold amid growth worries
(DBN)

Stocks close mostly lower as Fed-fueled gains fizzle; financial shares sink
(DBN)

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Layoffs:

Now That Disney Closed Fox Deal, Expect Thousands of Pink Slips
(DBN)

Trump in Ohio Amid Feud Over GM Plant
(DBN)

Robots kill jobs. But they create jobs, too.
(DBN)

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Aviation:

Summary: New Chapter 11 Bankruptcy Filing - PHI Inc.
(DBN)

Cockpit voice recording from crashed Lion Air 737 Max shows pilots scoured the plane's manual to fix its fatal dive, but couldn't find the right procedure in time
(DBN)

Pentagon to investigate acting defense secretary for Boeing bias • FBI joining Boeing 737 Max probe: report • DOJ Issues Subpoenas in Boeing Probe • Legal Expert: FBI Likely Probing Whether Boeing Provided 'False or Misleading' Info About 737 MAX Safety
(DBN)

Canada, Europe to conduct own reviews into Boeing 737 Max jets
(DBN)

FAA says reviewing 737 Max software fix is ‘an agency priority’
(DBN)

Sully blasts Boeing and FAA as "too cozy"
(DBN)

Inside U.S. Airlines’ Decisions to Keep Flying the 737 MAX
(DBN)

Airport board chair's investment in bankrupt OneJet stokes controversy
(DBN)

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Politics:

Top GOP senator calls Trump's days-long tirade against John McCain 'deplorable' • Trump's one-sided fight with late Sen. McCain • Trump says he was never thanked for John McCain's funeral • Senators Defend McCain Against Trump Tweet • Trump Attacks McCain on Help for Veterans • Trump’s strange rant about John McCain’s funeral, decoded
(DBN)

Schwarzenegger Pulls No Punches in a Rare Rebuke of Trump
(DBN)

In Trump vs. George Conway, Will Wachtell Be Caught in the Crossfire? • Kellyanne Conway defends Trump after he insults her husband • Trump calls George Conway 'husband from hell' • Trump’s feud with Kellyanne Conway’s husband, explained • George Conway Drops the Mic in Response to Trump's 'Mr. Kellyanne Conway' Comment
(DBN)

Donald Trump doesn’t think white nationalism is on the rise. Data shows otherwise
(DBN)

Trump Doesn't Know What NATO Means
(DBN)

The ‘Devin Nunes’ cow’ parody account now has more Twitter followers than the actual Devin Nunes
(DBN)

Trump’s top Pentagon official is now under an ethics investigation
(DBN)

Trump Has Now Shifted $1.3 Million Of Campaign-Donor Money Into His Business
(DBN)

Cory Booker and Kamala Harris Want a Monthly IRS Tax Credit for Rent
(DBN)

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Waste:

American cities confront a "slow-moving recycling crisis"
(DBN)

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Education:

Morris Brown president seeking accreditation for the financially troubled college
(DBN)

Trump to issue executive order linking grants to colleges with campus free speech
(DBN)

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Media:

A note to readers about Reading Eagle filing for bankruptcy protection • Reading Eagle, WEEU parent files for bankruptcy
(DBN)

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Auto Racing:

Chandler Speedway owner files for bankruptcy; auction canceled
(DBN)

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Autos:

Some Reagor-Dykes Auto Group customers still stuck in limbo after agreement filing
(DBN)

Automakers: Before EVs, Huge Massive Cuts
(DBN)

Used Car Market Growing as New Cars Slow
(DBN)

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Economy:

FOMC Statement: No Change to Policy, Balance Sheet Runoff Ends September, No Hikes in 2019 • Fed dims its outlook for the year, says it's ending its tapering of financial-crisis measures • Federal Reserve cuts growth forecast for U.S. economy: 2.1% • Stocks stage big turnaround after the Fed signals it's unlikely to hike rates this year • The market has flipped its expectations for the Fed • FOMC Projections and Press Conference • Fed jettisons 2019 rate-hike plans as economy slows and inflation softens • The Fed is gun-shy about lifting interest rates because of a quarter-century of low inflation • What’s really at stake as the Federal Reserve unwinds its balance sheet
(DBN)

The most accurate recession indicator is closer to flashing red after the Fed’s ‘dovish double-down’ • A very reliable recession indicator
(DBN)

Trump can’t have strong US economy and low interest rates at the same time, says ex-Fed governor
(DBN)

More Execs Worried About Global Economy
(DBN)

Powell calls for returning focus to the federal debt
(DBN)

To protect the Fed, Jerome Powell gets political
(DBN)

Trump finally got his wish from the Fed, but not for the reasons he wanted
(DBN)

Fed Chair Powell says Chinese and European economies have slowed ‘substantially’
(DBN)

Here are signs the ‘worst is behind us’ when it comes to global economic gloom
(DBN)

The Retirement Crisis Is Much Worse Than You Think
(DBN)

FedEx a yellow flag on economy as stock falls
(DBN)

Trump to keep tariffs in place until China complies with trade deal • Trump says he's talking about leaving tariffs on China for 'substantial period of time' • Global growth is 'unlikely' if China trade and Brexit are not resolved, FedEx CEO says • A real U.S.-China trade deal is a long way away
(DBN)

Pete Buttigieg says 'disruption' of blue-collar industries has helped fuel white nationalism
(DBN)

Trump's budget gets everything backward
(DBN)

Thousands of female economists say they've been assaulted or discriminated against by colleagues
(DBN)

Does Corporate Welfare Work:? No One Knows
(DBN)

Companies often mislabel employees as “freelancers” to cut costs. Workers are fighting back.
(DBN)

Trump Tax Reform Hits Home in Wealthy New York Suburbs
(DBN)

Just 21% of Americans Say They See Savings from Trump Tax Law
(DBN)

Trump’s Tax Cut Won’t Power The Growth He Predicts, Officials Concede
(DBN)

More than a third of New Yorkers say they can’t afford to live here
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

Tenth Circuit Holds Title Insurance Company Had No Duty To Defend Or Indemnify Insured Lender In Fraudulent Conveyance Action
(DBN)

Tax Lien Foreclosures: Property Tax Collection Meets Fraudulent Transfers – Who Wins?
(DBN)

6th Cir. Rules Ohio Amendment on Defective Mortgage Executions Did Not Bar Bankruptcy Trustee’s Avoidance Action
(DBN)

Supreme Court makes it harder for borrowers to fight foreclosures in non-judicial states
(DBN)

Fannie Mae: Home sales will stabilize in 2019
(DBN)

Phoenix Real Estate in February: Sales down 7% YoY, Active Inventory up 10% YoY
(DBN)

Wells Fargo to pay $13 million to settle claims of improperly modifying bankrupt borrowers’ mortgages
(DBN)

AIA: "Billings Moderate in February Following Robust New Year"
(DBN)

MBA: Mortgage Applications Increased in Latest Weekly Survey • MBA: Economic worries slow growth of mortgage applications
(DBN)

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Municipalities:

High-Yield Muni Market Passes a Key Test From Puerto Rico’s Sell-Off
(DBN)

FEMA sums up Hurricane Maria recovery aid for Puerto Rico
(DBN)

Puerto Rico fiscal agency director calls for appointment a revitalization coordinator
(DBN)

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Oil/Gas:

Judge Blocks Oil and Gas Drilling on Wyoming Land, Citing Climate Change • Judge halts hundreds of drilling projects over 'climate change'
(DBN)

One Last Warning For The U.S. Shale Patch
(DBN)

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Travel:

9 secrets the pros use to score the best travel upgrades for free
(DBN)

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Fraud:

Why Theranos CEO Elizabeth Holmes may have faked a low voice, according to professional vocal coaches
(DBN)

Dad who paid $250,000 in Facebook shares to get his daughter into UCLA: Ugh, this could be a front-page story • Fake UCLA Soccer Player Athletic Profile Still Online Even Though Student’s Parents Have Been Charged • Fewer than 1 in 5 Americans think the college admissions process is fair • College Essay 'Editors' Reveal How Rich Kids Cheat • Giving It The Old College Scam Try • The College Admissions Scandal Shows How Broken The System Is And Why No One Is Willing To Make Changes • College Bribery Class Case Has Novel Theory That Just Might Work • Parents who cop to college admissions scam may stay out of jail
(DBN)

There Is No Way to Prevent the Next Cheating Scandal
(DBN)

Suspended Steinhoff CFO Helps Authorities With Fraud Investigation
(DBN)

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Trucking:

Freight Carrier NEMF Fighting Banks on Bankruptcy Auction
(DBN)

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Mass Torts:

Jury Finds Roundup Caused Man's Cancer • Roundup weed killer was substantial factor in man’s cancer, jurors find in second trial
(DBN)

Pesticide residues found in 70% of produce
(DBN)

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Electricity:

What One Old Tower Says About PG&E’s Lax Safety Culture • PG&E to increase transmission inspections after the Camp Fire • PG&E Emails Show Apparent Prior Warnings About Transmission Line That Likely Started the Camp Fire
(DBN)

Activist Investor Blasts PG&E in Tussle Over Board Overhaul
(DBN)

FirstEnergy: Cost to close plants tops $900M
(DBN)

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Newspapers:

Reading Eagle Company files for bankruptcy protection • Reading Eagle files for bankruptcy protection, seeks buyer • Company seeking buyer as it continues operations • Former employees react to Reading Eagle bankruptcy • Community leaders react to Reading Eagle bankruptcy • The Pennsylvania newspaper where novelist John Updike interned files for bankruptcy
(DBN)

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Retailing:

Fashion company Nine West emerges from bankruptcy as 'Premier Brands'
(DBN)

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Debt Collection:

U.S. Supreme Court Holds that Law Firms Performing Nonjudicial Foreclosures are Not Debt Collectors • Supreme Court: Non-Judicial Foreclosure Firms Not Debt Collectors for Most FDCPA Purposes
(DBN)

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Farming:

Report Highlights Continued Financial Stress For Wisconsin Dairy Farmers
(DBN)

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Textiles:

Saco dyehouse that raised hope for textile industry faces closure in property dispute
(DBN)

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Student Debt:

Student Debt Is Crushing Net Worth Of Couples In Their 20s
(DBN)

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Religion:

West Virginia suit accuses diocese of knowingly employing pedophiles
(DBN)

Pope rejects resignation of convicted French cardinal
(DBN)

Guam: Settlement conference booked for church abuse cases
(DBN)

Almost 400 Catholic priests, staff in Illinois accused of abuse • Attorneys: Church list of accused Illinois clergy incomplete
(DBN)

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New Bankruptcy Opinions
(6 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (16 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (6 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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IP:

Trademarks, Bankruptcy, and Leverage: What Manufacturers and Other Trademark License Parties Should Know About A Potential Landmark Case Before the Supreme Court
(DBN)

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SCOTUS:

SCOTUS Protects Lawyers Pursuing Non-Judicial Foreclosure As Not the Actions of a “Debt Collector” under the FDCPA • Supreme Court defines 'debt collector' under Fair Debt Collection Practices Act
(DBN)

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Discharge:

Part III: Navigating the Maze of Servicing Discharged Debt
(DBN)

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Make-Whole:

Fifth Circuit Analyzes Creditor’s Impairment, Entitlements to Contractual Make-Whole and Post-Petition Interest Under Solvent-Debtor Chapter 11 Plan
(DBN)

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Consumer Finance:

Restatement of Consumer Contracts—On-Line Symposium
(DBN)

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Advisors:

Notice of Appearance: Lance Gurley, Managing Director at Stephens Inc.
(DBN)

Visualizing How Much Financial Advisors Earn in Each State
(DBN)

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Healthcare:

Hillsboro Hospital declares bankruptcy • Owner's lawyer walks completely away
(DBN)

Coalinga's hospital could reopen by later this year
(DBN)

Theranos is the biggest healthcare startup to fail in recent years, but it's not alone. Here are 9 others that have flamed out.
(DBN)

Heart attacks used to be a major killer. Not anymore.
(DBN)

Air ambulances are expensive and most likely out of network
(DBN)

Kentucky Gov. Matt Bevin deliberately exposed his 9 kids to chickenpox • 5 facts about vaccines in the U.S.
(DBN)

To Cut Costs, a Third of US Uninsured Don’t Take Their Drugs as Prescribed
(DBN)

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Climate:

Judge halts drilling plan, says Interior must consider climate change
(DBN)

EPA Head: Climate Change Not Urgent
(DBN)

More rain expected for flooded Midwest
(DBN)

Are the Midwestern Floods a Natural Disaster?
(DBN)

One-Third in U.S. Blame Unusual Winter Temps on Climate Change
(DBN)

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Pensions:

Newark Watershed Asks Bankruptcy Judge for Help With Insolvent Pension Woes
(DBN)

Now Easier for Employers to Dump Pension
(DBN)

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Crypto:

Creditors Committee Formed for Collapsed Crypto Exchange QuadrigaCX
(DBN)

Mt. Gox Whale Secures ‘Rehabilitation Trustee’ Balance of $623 Million • Mt. Gox Is Taking a Step Towards Paying Out Creditors • Trustee publishes next steps over $263M for Mt. Gox creditors
(DBN)

Cryptocurrency Diehards Turn to Interest Bearing Accounts
(DBN)

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Pharma:

Sackler Family Accused in New Suit of Causing Opioid Crisis
(DBN)

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Coal:

Cloud Peak report paints grim picture
(DBN)

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UK:

Donald Tusk: Short Brexit extension only if Parliament backs May's deal • UK’s May asks a wary EU to delay Brexit until June 30 • Asset transfers due to Brexit reach £1 trillion – EY survey • EU leaders to decide whether to give UK Brexit extension • The Brexit extension drama, explained as much as possible • Brexit: A "national humiliation"
(DBN)

Solicitors prepare for Brexit
(DBN)

Interserve's collapse shows the UK's outsourcing model is broken
(DBN)

Interserve & Debenhams Deep Dive
(DBN)

Inflation rises on increases in the cost of food and wine
(DBN)

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EU:

Anti-EU Populists Surge in Dutch Election
(DBN)

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PIIGS:

EU's top regulator under fire over Italy bank rescue decision
(DBN)

In Greece, an Economic Revival Fueled by ‘Golden Visas’ and Tourism
(DBN)

Italy's Risky China Silk Road Deal
(DBN)

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Canada:

Canada sees 20 percent jump in bond issuance as deficit climbs
(DBN)

Trudeau's budget misleads pensioners whose companies go bankrupt
(DBN)

GM, Canadian Autoworkers in Negotiations
(DBN)

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India:

Lenders look to revive Jet by changing management • 260 Jet Airways pilots, grounded planes lessors approach SpiceJet • Key Jet Airways lender SBI says bankruptcy 'last option', rescue almost ready • Resolution for Jet Airways is futile; send it for insolvency • Jet a Pre-Poll Headache for Govt as Oppn Cries 'Crony Capitalism', Lenders Dither on Insolvency Process • Desperate gamble? SpiceJet tapped • Speculations rife over Indian suitor for Jet Air • India state banks want Jet Airways' Goyal to reduce stake to 10 pct
(DBN)

Nirav Modi arrested in UK amid India fraud case allegations
(DBN)

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Bulgaria:

Two proposed amendments to Bulgaria’s Bank Insolvency Act have been introduced to harmonize local law with EU rules and to further refine the legislation
(DBN)

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Brazil:

If survives, Avianca Brasil will become a small airline
(DBN)

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China:

Nissan Slashes China Car Market Outlook
(DBN)

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MENA:

Iraq Prepares to Evict US Troops
(DBN)

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Venezuela:

"We do not know his whereabouts": Venezuelan forces detain key opposition aide
(DBN)

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