March 28, 2019

The Daily Bankruptcy News

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Law:

Life After Skadden Can Be Pretty Sweet
(DBN)

Are law firms invoking obscure contractual clauses to delay lateral moves? Or does it just seem that way?
(DBN)

For Lanny Davis, Silence Is Not an Option When Crisis Hits
(DBN)

Which Law Firms Are Best For Your Specific Market? The ATL Outside Counsel Industry Rankings
(DBN)

In house leaders write to their law firms
(DBN)

Notre Dame And Baylor Admit More Legacies Than Harvard and Yale
(DBN)

Loyola Law School LLX: The Netflix Of Legal Education?
(DBN)

Reed Smith strengthens global restructuring and insolvency team with appointment of Mandip Englund to partner in London
(DBN)

Meet the Lawyers Who Clean Up Clients' Worst Messes
(DBN)

Black legal aid lawyer says officer detained him after mistaking him for suspect in court
(DBN)

Linklaters and Clifford Chance latest firms to pay for gender reassignment surgery
(DBN)

Law firm ordered to compensate transgender client after ‘using her birth name’
(DBN)

Freelance attorneys benefit from growing demand
(DBN)

Celebrating Women Lawyers During Women’s History Month
(DBN)

Law School Names First Female Dean After 100 Years Or So
(DBN)

Does Gonzaga Exist? Law School Lands on Jimmy Kimmel to Prove It's Real
(DBN)

The Questions to Ask Yourself Before Making a Lateral Move
(DBN)

Forcing Senior Lawyers to Retire Wastes a Precious Resource
(DBN)

Davis Wright Tremaine Sees Gains in Revenue and Profit
(DBN)

My Client Died In Front Of Me At The Courthouse And I Don’t Much Feel Like Writing About Money
(DBN)

Day-to-day reality of depression may not look like you think
(DBN)

Michael Avenatti 'nervous,' 'scared' about prospect of prison time, labels Nike extortion allegations 'absurd' ‘Confident’ he’ll be exonerated Charges against Michael Avenatti engulf the now-defunct Tully's The Avenatti Roller Coaster Has Been on the Downhill for Some Time, But Where Will it End? Avenatti Denies Wrongdoing, Says: Ask NBA Rising Star DeAndre Ayton and Nike ‘About the Cash Payments’
(DBN)

James Comey says he is confused by Mueller's decision on obstruction Prosecutors: Did Trump Obstruct Justice? Comey: Report Shows Trump Lied About FBI Napolitano: Of Course There Was a Conspiracy Big winner from Mueller report: the rule of law Trump: FBI Committed Treason in Probe Mueller’s Cat: How The Special Counsel Left Obstruction On the Roof The Looming Litigation Buried in the Mueller Report Where Will Robert Mueller and His Fellow Wilmer Alums Go Next? The White House will get the Mueller report before the public does in case it wants to make redactions, Barr says Mueller report: Lessons for all, including former law enforcement McConnell blocks vote on release of Mueller report for 2nd time Deutsche Bank providing Trump financial records for House probe Deutsche Bank Providing Donald Trump Financial Records as Investigations Continue After Mueller Report What if Janet Reno Acted Like William Barr Mueller Grand Jury ‘Continuing Robustly,’ Prosecutor Tells Judge Trump-Russia probe is over, but prosecutor says grand jury lives on Inquiring Minds Want to Know Why the Mueller Report Is in and the Grand Jury Is Still ‘Robust’
(DBN)

Trump acts as private citizen when blocking Twitter followers, DOJ lawyer argues in appeal
(DBN)

London lawyer jailed for misleading FBI during Trump-Russia probe to face disciplinary tribunal
(DBN)

America's Small "c" Constitution
(DBN)

Chicago Mayor Rahm Emanuel says dropped Jussie Smollett charges are making 'a fool of all of us' Backlash on Jussie Smollett Dismissal Read the Newly Released Jussie Smollett Police Reports Here’s What the Jussie Smollett Police Reports Don’t Say Prosecutor Who Dropped Smollett Case Had Said She Was Recusing Herself Over Potential Conflict. Then She Didn’t Lawyer who dropped charges: Smollett isn't innocent Smollett Considering Suing Chicago Police Could Jussie Smollett Now Turn Around and Sue the Police Now that Charges Have Been Dropped? Jussie Smollett hoax charges dropped, but federal investigation, lawsuits could be next Kamala Harris on Jussie Smollett charges being dropped: 'I'm completely confused' Prosecutor Who Dropped Charges Still Believes Jussie Smollett Lied, Chicago Police Union Want the Feds Involved How did prosecutors go from indictment to wrist slap? This Seldom-Reported Evidence Could Be the Reason Why Jussie Smollett Was Cleared of All Charges
(DBN)

Border Patrol closed West Texas checkpoints as an influx of migrants strains resources CBP commissioner says the "breaking point has arrived" at border Border: 40,000 Kids to be in Custody in March
(DBN)

Was it a stinker of a decision? Employee appeals after judge rules farting wasn’t workplace bullying
(DBN)

Patriots Owner Robert Kraft Now Wants a Trial Before a Jury of His Peers
(DBN)

School Bus Aide Suspended for Taking Student's MAGA Hat Because it 'Personally Offended' Her
(DBN)

Sandy Hook Decision Reins in Gun Industry Shield Law
(DBN)

The Best True Crime Documentaries — The Sweet 16
(DBN)

Lawyer Gets Suspended for Mishandling Client’s Money and Then Claiming His Client Was In Forma Pauperis
(DBN)

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Judges:

15 years of inaction on inmate’s habeas petition is ‘shockingly dysfunctional malfeasance,’ judge says
(DBN)

5th Circuit judge raises eyebrows with ‘majority-minority panel’ reference in gerrymandering case
(DBN)

The First Woman At One First: A Leader For Women’s Rights At The Supreme Court
(DBN)

Anita Hill Calls for Reforms After Kavanaugh, Thomas SCOTUS Hearings Biden Sorry About Anita Hill Treatment
(DBN)

Whose Court Is This Anyway? Immigration judges accuse executive branch of politicizing their courts
(DBN)

Do court bans on electronic devices impede access to justice?
(DBN)

Judges who wed couples can’t refuse same-sex unions, ABA ethics opinion says
(DBN)

Pinch on the bum not indecent assault in age of ‘twerking’ and internet porn, judge finds
(DBN)

‘Robot judge’ to clear case backlog
(DBN)

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Wall Street:

US stock futures attempt tepid rise as investors await final GDP report
(DBN)

Stocks Close Down as Wall Street Worries About a US Recession
(DBN)

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Layoffs:

Dexter book manufacturer files for bankruptcy, expects 80 layoffs
(DBN)

Electronic Arts lays off 350 employees in the wake of disastrous earnings
(DBN)

1,100 People Or More To Lose Their Jobs After WOW Air Goes Under
(DBN)

Wells Fargo to lay off 200
(DBN)

Musk Emails Workers on Store Closing Plans
(DBN)

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Personal Finance:

An NFL player who saves almost all his salary teaches a Wharton class called 'Life 101,' and his first assignment shocks students
(DBN)

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Education:

The Coming Renaissance Of Nonprofit Colleges
(DBN)

To survive, small colleges are rethinking the liberal arts
(DBN)

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Farming:

Bitter Harvest: Debt And The Bankrupting Of The American Family Farm
(DBN)

Floods Deal a New Blow to the Farm Belt
(DBN)

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Economy:

Economists Forecast Stephen Moore Wouldn't Be Good For Fed Post Trump's choice for Fed seat Stephen Moore owes $75,000 to IRS Moore owes $75K to IRS, government claims Trump's Fed Pick is a Serious Problem - Here's Why It Matters The Fed Board Unmoored
(DBN)

Economists Seriously Can't Forecast Recessions
(DBN)

GAO: Nearly half of Americans age 55 and older have no retirement savings
(DBN)

US-China trade deficit drops sharply in January as Trump's trade war nears a climax US efforts to cut trade deficit show biggest win in almost a year Trade Deficit decreased to $51.1 Billion in January Previous Humiliations Haunts China-Us Trade Talks US-China Trade War May Damage the Amazon US China Negotiators Face Large Obstacles
(DBN)

Optimism Failing for New NAFTA 2.0
(DBN)

Residents of New York pay the most in income tax, Connecticut is second
(DBN)

Trump’s offshore cash promise of $4 trillion falters as $665b returns
(DBN)

Faster Tax Cuts Could Be Backfiring On Republicans
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

Selling Real Estate Free and Clear: The Trustee Does Not Always Win
(DBN)

MBA: Mortgage Applications Increased in Latest Weekly Survey
(DBN)

Zillow Case-Shiller Forecast: Smaller YoY House Price Gains in February
(DBN)

Housing Starts, Single and 2+ Unit Structures Since 2008
(DBN)

Trump officially calls for end to Fannie Mae, Freddie Mac conservatorship
(DBN)

Homebuyers face far fewer bidding wars as the housing market cools off
(DBN)

Nobel Prize winner Robert Shiller: Housing market ‘not as exciting’
(DBN)

Rural America Faces a Housing Cost Crunch
(DBN)

TX: Who comes out ahead in GOMO bankruptcy case? Lawyers
(DBN)

Phoenix real estate developer charged in $37M fraud case
(DBN)

For millennials, this is the greatest hurdle to homeownership
(DBN)

Built $64 Million Home. Has to Tear It Down
(DBN)

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Municipalities:

Governor of Puerto Rico rebukes Trump for suggesting relief cuts 'Enough With the Insults,' Puerto Rico Gov. Says After Trump Opposes Further Disaster Aid Puerto Rico’s governor says Trump won’t meet about Hurricane Maria recovery
(DBN)

UCLA Law bankruptcy professors help Puerto Rico take a major step forward
(DBN)

Puerto Rico Case Highlights Need for Secured Parties to Adhere to Good Practices in Documenting Secured Transactions
(DBN)

Q1 2019 Review: Puerto Rico
(DBN)

Unpaid bills, complaints and shoddy workmanship plague recovery efforts on US Virgin Islands
(DBN)

Cash-Strapped Illinois, Chicago Seek Billions From Investors
(DBN)

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Autos:

March Vehicle Sales Forecast: 16.9 Million SAAR
(DBN)

Despite ‘Car-Free’ Hype, Millennials Drive a Lot
(DBN)

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Retailing:

Sears Bankruptcy Takes Toll On Iconix As Q4 Revenue Plummets
(DBN)

Sears tells retirees to pay for their own life insurance
(DBN)

Charlotte Russe Gets Ch. 11 Nod For $6.4M Asset Sale Plan
(DBN)

What Does Retail Disruption Look Like? We’ll Show You.
(DBN)

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Electricity:

U.S. judge approves bankruptcy loan for California power producer PG&E PG&E lands $5.5 billion in funds to keep operating during wildfire-linked bankruptcy PG&E, JPMorgan's $5B Bankruptcy Deal OK'd Over Protests
(DBN)

Pimco, Other PG&E Creditors Said to Pitch $35 Billion Exit Plan
(DBN)

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Religion:

Douglas Wilson Companies Announces Sale in Bankruptcy of Calvary Community Church and Christian Learning Academy in Las Vegas
(DBN)

Baton Rouge Diocese adds more names to list of clergy accused of abuse
(DBN)

Organizer of pope’s anti-abuse summit terms it ‘partly a success’
(DBN)

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Festivals:

Iowa: Concert promoters file bankruptcy
(DBN)

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Bankruptcy Crimes:

Ithaca-area accountant pleads guilty bankruptcy fraud, mail fraud, and money laundering Feds: Ithaca accountant defrauded would-be investor, lied during bankruptcy
(DBN)

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Aviation:

WOW Air Bankruptcy: Can Small Low Cost Carriers Survive? Wow Air just went bust in yet another blow to the struggling budget airline industry WOW Air Goes Into Administration – All Flights Canceled Game over: WOW bankrupt WOW Air goes bust, stranding passengers in U.S. and Europe
(DBN)

Boeing Announces Fixes for 737 Max
(DBN)

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Maritime:

Aegean Marine Petroleum Network Inc. Plan of Reorganization Confirmed by Court: Mercuria To be the New Owner
(DBN)

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Mass Torts:

Monsanto Hit With $80M Verdict in First Federal Roundup Trial Man awarded $80M in lawsuit claiming Monsanto's Roundup causes cancer
(DBN)

J&J's Sudden Talc-Cancer Settlements Aren't Its Usual Style
(DBN)

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Coal:

Murray Energy Corporation Announces it is Successful Bidder for Oak Grove, Seminole Alabama, and Maple Eagle Mining Complexes in Mission Coal Bankruptcy
(DBN)

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Healthcare:

Donald Trump is very committed to taking away your health insurance Here's what happens if the courts kill Obamacare Trump wants to drop a neutron bomb on the Affordable Care Act Life without Obamacare? Some reminders of what it was like The Trump approach to healthcare: Break it and figure out the rest later Kevin McCarthy tells Trump new health care push makes no sense Pence opposed Obamacare repeal at ‘heated’ White House meeting DOJ efforts to kill Obamacare, the cat with 9 lives, could cause health care havoc for millions Trumpcare Will be Better Than Obamacare?
(DBN)

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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 (17 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (12 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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Bankruptcy Statistics:

Agriculture Leads Bankruptcy Filings, Report Shows
(DBN)

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Bankruptcy Reform:

Senate Finance Chairman Wants Update To Chapter 12 Bankruptcy Law Johnson Co-Sponsors Bill Expanding Family Farm Protections
(DBN)

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Litigation:

Why Are Some Litigators So Afraid Of Handling Transactional Matters?
(DBN)

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Mediation:

Prepping a Client for Mediation
(DBN)

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Trustees:

BK ED VA (Richmond) Seeks Ch. 7 Trustee
(DBN)

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Football:

Federal Judge Issues Order Protecting NFL Players’ Concussion Funds in Bankruptcy Proceedings A First in the U.S.: Court Protects NFL Players’ Concussion Settlements in Bankruptcy Proceedings Concussion settlements for NFL players protected in bankruptcy, South Florida court upholds
(DBN)

Alliance of American Football in danger of being discontinued
(DBN)

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Obits:

Obit: F. Matthew Jackson business, bankruptcy, real estate lawyer
(DBN)

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Fraud:

Software tycoon Mike Lynch shoots back at 'floundering' HP during its $5 billion fraud trial
(DBN)

More Firms Snag Defense Roles in College Admissions Cases The Yale Dad Who Set Off the College-Admissions Scandal
(DBN)

SCOTUS says investment banker can be liable for false email drafted by boss Supreme Court: Even One Who Did Not “Make” a False Statement May Still be Subject to Scheme Liability
(DBN)

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Politics:

No, Alexandria Ocasio-Cortez probably didn't say that
(DBN)

Barbara Bush said 'angst' over Trump caused heart problems, new book reveals
(DBN)

Pete Buttigieg: Everything you need to know about the 2020 candidate Kirsten Gillibrand: Everything you need to know about the 2020 candidate
(DBN)

Elizabeth Warren lays out plan to go after big agribusiness
(DBN)

DeVos responds to criticism on Special Olympics funding cuts
(DBN)

The rent is too damn high, so here’s how some candidates hope to lower it
(DBN)

What Can European Socialists Teach the American Left?
(DBN)

WI: Second Judge Blocks GOP Power Play
(DBN)

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UK:

U.K. Parliament Faces a Key Brexit Question: What Does It Want? Theresa May says she'll step down after "a smooth and orderly" Brexit The Biggest Brexit Loser This Time Wasn't May Brexit: What Taking Back Control Looks Like Parliament Rejects All Alternate Brexit Plans
(DBN)

More than 140 Scottish construction businesses made insolvent due to late payments
(DBN)

Debenhams bondholders back restructuring
(DBN)

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EU:

EU states back easier sale of bank bad loans, no deal on foreclosures
(DBN)

From Baltics to Greece, EU Bank Woes Haunt Next-in-Line
(DBN)

Migrants Hijack Rescue Ship, Reroute to EU
(DBN)

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PIIGS:

Greek government yields ground on foreclosures
(DBN)

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Canada:

Creditor Meetings of Sears Canada Inc. and Affiliates are Postponed
(DBN)

How environmental liability ruling could affect other insurance lines
(DBN)

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Australia:

ASIC details regulation of liquidators in newly released report
(DBN)

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Russia:

Utair Airlines implores creditors to write off 40 per cent of its debts
First bankruptcy petition against UTair air carrier set for April 17
(DBN)

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Japan:

Hooters goes bust in Japan
(DBN)

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India:

From being India's top airline to near bankruptcy: The Jet Airways crisis explained
(DBN)

Delimiting the Boundaries: Settlement Plan under the Insolvency Regime
(DBN)

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Cayman Islands:

Why Cayman leads in cross-border dispute resolution and how the sector is evolving
(DBN)

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Brazil:

Brazil telecoms firm Oi's shares sink after reporting quarterly loss
(DBN)

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Iceland:

Icelandic budget airline WOW Air ceases operations
(DBN)

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Singapore:

White knight investor throws Singapore's Hyflux rescue into doubt
(DBN)

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MENA:

Pompeo: We'll Find, Punish Khashoggi's Killers
(DBN)

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