May 15, 2019

The Daily Bankruptcy News

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Law:

BigLaw firm settles suit accusing it of ‘billing feeding frenzy’ • Biglaw Giant Settles Case Alleging Overbilling
(DBN)

All The Lawyers At This Biglaw Firm Are Busy Billing A Lot Of Hours
(DBN)

The Path To Big Law Equity Partnership Is Narrowing
(DBN)

All The Attorneys We Lost In 2018… To Other Law Firms
(DBN)

Implicit Bias Training May Be Required for Calif. Judges, Lawyers
(DBN)

Global Law Firm Faces Cash 'Crunch,' Struggles to Pay Partners • Global Law Firm Facing Cash Flow Problems, Considering Terminating Partners
(DBN)

Why the Legal Industry Can Handle the Next Recession
(DBN)

39 Law Schools Now Accept The GRE For Admissions
(DBN)

Sexual Harassment and Bullying: Global Edition
(DBN)

Lawyer faces contempt charges for alleged failure to show up for client hearings
(DBN)

For Bankruptcy Lawyer Jenna Cho, Managing Anxiety Meant Making 'Room for Feelings' in Law
(DBN)

This Teenager Is Headed To Law School
(DBN)

Obsess About The Dress (Suit)
(DBN)

Dead Wrong: Lawyer Suspended for Failing to Reveal Client's Death
(DBN)

The Law Schools Where The Most Graduates Got Federal Clerkships (2018)
(DBN)

Lawyers Aren’t Taking Full Advantage of AI Tools, Survey Shows
(DBN)

Texas Bar Strikes Back Against Challenge to Mandatory Dues • Texas Bar launches counterattack in legal fight to stop collection of mandatory dues
(DBN)

Dilworth Paxson Free of Michelin Plan’s Tribal Bond Fraud Suit
(DBN)

Citi Survey: Homegrown Texas Firms See Demand Decline in Q1
(DBN)

2019 Financial Results for Law Firms - The Game
(DBN)

Law Firm Rates Up But Demand Flat in Q1: Peer Monitor Index
(DBN)

“The Situation Is Untenable”: Harvard Law Professor Representing Weinstein Is Fired As House Dean After Protests • Harvard law professors to lose positions
(DBN)

Shakedown Street: Et Tu, Biglaw Friends? Et Tu?
(DBN)

A contingency law firm was set up to punish its own client financially, thanks to clause in contract reverting to hourly rate if client wants to settle against wishes of law firm
(DBN)

Inside Harvard Law School's Zero-L Program
(DBN)

'Trolling for clients': The battle for new plaintiffs creates friction among lawyers and referral services
(DBN)

Barr working with intel chiefs on Russia review • Barr launches new look at origins of Russia probe • ‘Fierce and Fair’: What to Know About William Barr’s Pick to Investigate the Origins of Russia Probe • 5 Things to Know About John Durham - Barr's Pick to Probe Root of Russia Investigation • How Barr, now serving as a powerful ally for Trump, has championed presidential powers • Dems set hearing for ex-White House lawyer over Russia probe • Democrats Warn Don McGahn for the Last Time: Show Up or Be Held in Contempt
(DBN)

Major Takeaways from 'Comprehensive' Chart Documenting 'Potential Wrongdoing' by Trump Attorneys
(DBN)

New York General Assembly Prepares To Confront President Trump With Change In Double Jeopardy Law
(DBN)

House Democrats Are Investigating Trump Family Lawyers
(DBN)

Judge Grills Trump Lawyer in House Subpoena Fight for Financial Docs • Federal judge seems to side with Democrats in their fight to get Trump’s financial records • Judge Hints At Skepticism of Trump Effort to Block Financial Records Subpoena • Judge Digs Into Trump Bid to Block Financial Subpoena • 'We’re Not Going to Drag This Out': Judge Immediately Sets Tone as Trump Lawyers Object to Fast-Tracked Subpoena Fight • Trump's strategy of stonewalling Congress faced a huge legal test • Donald Trump Jr. to Blame for Subpoena After Evading Interview Requests, Richard Burr Says • Donald Trump Jr. agrees to limited testimony before Senate panel • Now Would Be a Good Time to Recall President Trump's Belief That the 'Mob Takes the Fifth' • More Justice Department Precedent in Support of Mueller’s Obstruction Theory
(DBN)

Trump criticizes FBI director, saying he gave 'ridiculous answer' about 'spying' on campaign
(DBN)

Lindsey Graham Gifted Donald Trump Jr. the Most Obvious Legal Advice Ever
(DBN)

Rod Rosenstein's twinge of regret?
(DBN)

Did Trump Break the Law When He Endorsed Tom Cotton's New Book?
(DBN)

Lawmakers ask watchdog to probe migrant teen camp's detention contract tied to John Kelly
(DBN)

Case against Patriots owner Kraft is on thin ice after judge bars video • Top 3 Takeaways from Crucial Ruling That Blocked Spa Video of Robert Kraft
(DBN)

NYU Hires Law Firm to Investigate Behavior of Steinhardt, a Prominent Donor
(DBN)

Ecuador has reportedly agreed to hand the US any hard drives, documents, computers, and cell phones found in the embassy room where Julian Assange lived for nearly 7 years • Julian Assange Could Face Extradition Requests From 2 Countries
(DBN)

Anthony Weiner leaves New York City halfway house
(DBN)

Robot aims to keep the peace between drivers, police officers
(DBN)

First Amendment: 74 Percent of College Men Think Too Many People Are Easily Offended, Poll Finds
(DBN)

A veteran's suicide was blamed on depression. Then police found threatening texts sent from prison revealing a darker truth.
(DBN)

Mall of America Attacker Pleads Guilty to Throwing 5-Year-Old Boy Off of a Balcony
(DBN)

Protest a Pipeline and Get 10 Years in Jail
(DBN)

Professor, Uber Driver Arrested for Kidnap
(DBN)

Majority of Public Favors Same-Sex Marriage, but Divisions Persist
(DBN)

Help select the winner of the 2019 Harper Lee Prize for Legal Fiction
(DBN)

Lawyer Hands Bar Association F*****-Smeared Check, Bar Association Not Amused
(DBN)

Man Arrested For Bringing His Child To Work With Him
(DBN)

Guess Who Just Sued the Maker of “Guns ‘N’ Rosé”
(DBN)

Elderly Menace Busted For Wild Sunroof Stunt
(DBN)

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Judges:

Judge reprimanded for complaints about boss, adjourning court early for salon visits
(DBN)

Senate backs Trump judicial pick who disparaged Obama
(DBN)

Supreme Court Liberals Raise Alarm Bells About Roe v. Wade • Alabama Senate passes bill to effectively ban abortion, even in the case of rape or incest. Doctors who perform the procedure could go to jail. • Heartbeat Bills Get the Science All Wrong • ‘Heartbeat’ abortion bans are going nowhere before 2020
(DBN)

Study raises the bar on judicial stress
(DBN)

Romney Rejects Trump Judicial Pick
(DBN)

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Wall Street:

US stock futures point to a lower open after weak data out of China
(DBN)

Stocks close higher as market regains bullish form in wake of trade-sparked rout
(DBN)

Cramer: ‘I don’t trust this market at all’ because it’s so dependent on Trump tweets • Jim Cramer to President Trump: Stop tweeting and go play some golf
(DBN)

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Layoffs:

Billionaire Cartier Owner Fears The Rise Of Poor People
(DBN)

Lyft executive suggests drivers become mechanics after they're replaced by self-driving robo-taxis
(DBN)

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Retailing:

Retailers to take a hit: Trade war could cause ‘widespread store closures’
(DBN)

Inconix home brands hurt by Sears bankruptcy
(DBN)

Macy's earnings beat: 44 cents per share, vs. 33 cents expected
(DBN)

China's retaliation against US tariffs will force retailers to make tough choices
(DBN)

Walmart blows Amazon out of the water with its own free, next-day delivery
(DBN)

Chico’s confirms buyout offer from same firm it previously rejected
(DBN)

How a retailer's demise helped spark Lower Manhattan's revival
(DBN)

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Agribusiness:

Possible Fallout From Raising Chapter 12 Bankruptcy Cap
(DBN)

White House explores new farmer bailout plan as US-China trade war heats up • Trump's Farm Aid Is Deja Vu for 80s Traders Skeptical of Plan
(DBN)

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Aviation:

Bristow Files for Chapter 11 Proceedings; Lenders Commit to $75MM DIP
(DBN)

Top air safety officials face US lawmakers after fatal Boeing 737 Max crashes
(DBN)

American Airlines CEO reveals when he would feel safe flying on the Boeing 737 Max again
(DBN)

American Airlines pilots pressured Boeing about 737 Max flaws: report
(DBN)

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Personal Finance:

7 simple things you can do at night to make your morning routine easier
(DBN)

7 reasons to change jobs, even if you don't want to
(DBN)

2019’s Best & Worst Places to Start a Career
(DBN)

11 ways to beat surge pricing
(DBN)

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Food/Beverage:

Insiders reportedly worry Steak 'n Shake is headed for extinction, as the chain loses millions and temporarily closes dozens of restaurants and as the CEO fantasizes about eliminating cherries from milkshakes
(DBN)

Hamilton Applebee's bankruptcy filing ends lawsuit claiming black customers were ignored
(DBN)

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Healthcare:

Capitol Hill sees bipartisan momentum on surprise medical billing
(DBN)

Health care's imminent existential crises
(DBN)

Sugary drink sales in Philadelphia fall 38% after city adopted soda tax, study finds
(DBN)

This map shows the 25 U.S. counties most at risk for measles outbreaks
(DBN)

The Anatomy of an Anti-Vaxxer
(DBN)

Why the Government Pays Billions to People Who Claim Injury by Vaccines
(DBN)

Drug Use by State: 2019’s Problem Areas
(DBN)

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Corporate Reform:

Consumer bureau reviews regulations limiting overdraft fees
(DBN)

Senate Reintroduces Bill Aimed at Eliminating CFPB
(DBN)

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Fraud:

Chinese Billionaire Paid $6.5 Million To Ensure Daughter's Acceptance To Stanford
(DBN)

Coach pleads to college admissions scam, could hurt Loughlin
(DBN)

Ex Autonomy CFO jailed for five years
(DBN)

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Music:

PledgeMusic Cofounder Benji Rogers Quietly Steps Aside at AMLC as Bankruptcy Fallout Continues
(DBN)

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Economy:

Delinquency Rates Spike as Credit-Card Borrowing Increases • What’s behind the rise in credit card delinquencies
(DBN)

DoubleLine CEO Jeffrey Gundlach warns of recession driven by ‘cocktail of economic risk’
(DBN)

Four reasons why the bears are wrong about a second-half slump: J.P. Morgan
(DBN)

NY Fed Q1 Report: "Total Household Debt Rises for 19th Straight Quarter, Now Nearly $1 Trillion Above Previous Peak" • Total Household Debt Increases for 19th Consecutive Quarter
(DBN)

Visualizing The National Debt Boom in the Last Few Years
(DBN)

Companies positioned to raise prices — with Apple a prime candidate — even before trade tensions worsened • Just like the textbook says: Wage pressure making higher prices ‘inevitable,’ small business owner tells Fed
(DBN)

Small-business owners: We want to hire, but we just can’t find ‘qualified’ workers
(DBN)

America's Illusion of Growth
(DBN)

The American baby bust
(DBN)

Fear spreads across Texas, as U.S.-China trade war escalates • Maybe Trade Wars Aren't So Easy To Win After All • Escalating trade war causing anxiety in America's heartland • Former Goldman CEO Lloyd Blankfein: Trump’s tariffs aren’t a bad idea • China is ready to fight this trade war • Trump reportedly believes false claim that China 'pays' for trade war tariffs 'like theology' • China Trade War Tariffs Could Cost US Families $2,300 a Year • Can the stock market hold out long enough for Trump to win a trade war? • Trump can't admit he enacted a new tax • Who Is Really Paying for Donald Trump’s China Trade Tariffs? Spoiler Alert—It’s Not Beijing • Trump ratchets up his China trade war - and the disinformation about it • Consumers could be collateral damage if US expands tariffs • Trump just tried to explain what China will do next, and he sounds jealous • Beijing calls for a 'people's war' against the US as Trump threatens tariffs on another $300 billion of Chinese goods in all-out trade battle • Trump’s trade war with China will hit TVs, dishwashers, toys, lithium batteries, iPhones — even Silly Putty • US turns attention to Chinese garlic, tuna and laptops as trade war escalates • Now Trump is coming for your iPhone • Don’t swallow media lies about Trump’s China tariffs • Here are the American goods that will get hit hardest by China's latest round of tariffs • U.S. reveals list of $300 billion in Chinese goods affected by new tariff hikes • Why the U.S.-China trade deficit is so huge: Here’s all the stuff America imports • Trump calls trade war "a little squabble with China" • Markets send clear signal to US and China on the trade war: You have ‘blundered into a minefield’ • Warren Buffett was wrong about the trade war • What Is Economic Warfare? U.S. Trade War With China Could Spell Doom For Investors • Trump says farmers will be some of the 'biggest beneficiaries' of the trade war as he floats billions in ag aid • Trump tries to calm public, says he'll reach deal with China 'when the time is right' • The US-China trade war is back on — here are 3 reasons it won't cool off any time soon • Wall Street is worried that the US-China trade war could drive up iPhone prices, which is the last thing Apple needs right now • Apple's iPhone Could Cost 3% More to Produce Due to China Tariffs
(DBN)

Gloom Spreads in Steel as Car Woes and Trade Tensions Bite
(DBN)

Trump’s threat of auto tariffs on Europe may really be a ‘Trojan horse’
(DBN)

The world's top worries before the trade war escalated
(DBN)

College grads still earn more than workers with no university degree. This map shows the states with the widest salary gaps • In 2019, white male college graduates will earn more than their peers
(DBN)

Fewer Kids Are Choosing College • Chart: Who does and doesn't have college degrees in America
(DBN)

11 mind-blowing facts that show just how wealthy Bill Gates really is
(DBN)

A major new report into rising inequality warned that the growing gap between rich and poor is now a threat to Western democracy
(DBN)

The depressing reason the Class of 2019 is not doing as well as the Class of 2000
(DBN)

'Death by Amazon': 20 once thriving companies that find themselves in the e-commerce giant's crosshairs
(DBN)

The Rise of the Haphazard Self
(DBN)

The Happiest Country on Every Continent
(DBN)

U.S. News’ ‘Best States’ Rankings Don’t Smile on Red Ones
(DBN)

New Survey: 75 Percent of Consumers Say They Received a Smaller Tax Refund in 2019
(DBN)

71% of Young People Unqualified for Military
(DBN)

The two entry-level jobs in America where grads can rake in $90,000 or more
(DBN)

Social Security Buying Power Down 33%
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

"Foreclosure inventory rate still at lowest level since 1995"
(DBN)

U.S. mortgage delinquency rate rises from 18-year low, MBA reports
(DBN)

Mortgage borrowers win protection in Ditech bankruptcy, Ditech fights back
(DBN)

Lawyer Nat Hardwick - Variation of Usual Saga of Hand in Cookie Jar
(DBN)

Mortgage originations fall to four-year low in first quarter
(DBN)

6th Cir. BAP Holds Ohio Law Did Not Invalidate Lien When Non-Borrower Spouse Signed Mortgage But Not Note
(DBN)

Can Depreciation Explain the Magnitude of Trump’s Reported Losses?
(DBN)

Los Angeles Area Home Sales Increased 1% YoY in April, Inventory up 10% YoY
(DBN)

Some indicators point toward a move to a buyer's market
(DBN)

Home prices are rising but at a much slower pace
(DBN)

The Five Largest CMBS Loan Losses from April 2019
(DBN)

Trump’s trade war with China doesn’t bode well for an already shaky U.S. housing market
(DBN)

Trump Tower is now one of the least desirable buildings in Manhattan
(DBN)

Macomb off-campus student housing company files bankruptcy
(DBN)

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Municipalities:

Puerto Rico senator rails against utility’s restructuring support agreement • Electrical Workers Union rejects Puerto Rico utility’s restructuring support agreement • Civil organizations warn of Puerto Rico utility’s debt restructuring support agreement
(DBN)

Fiscal board rejects Puerto Rico government’s proposed budget
(DBN)

University of Puerto Rico president at loggerheads with fiscal board over cuts
(DBN)

Tesla’s Busted Solar Panels on Vieques Are a Cautionary Tale
(DBN)

Working Families Tax Relief Act Would Help Puerto Rico Families
(DBN)

This is the best state in America in 2019
(DBN)

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Oil/Gas:

Jones Energy: Emerging From Bankruptcy Soon
(DBN)

Oil is already trade war's collateral damage even without duties
(DBN)

IEA's Dire Warning for Energy Markets
(DBN)

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Newspapers:

Pittsburgh Pirates owner visits bankrupt Reading Eagle, which faces auction this week, fueling big rumors
(DBN)

Reading Eagle Company issues WARN notice for its workforce
(DBN)

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Electricity:

Why Would The City Of San Francisco Purchase PG&E’s Power Assets?
(DBN)

Judge says San Francisco can fight with PG&E over charges
(DBN)

Valero fails to lift PG&E bankruptcy stay to press $75 mln lawsuit
(DBN)

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Politics:

Here’s how Americans rank the 2020 presidential candidates on the political spectrum
(DBN)

Trump Companies Were in the Red; He's Reaped the Rewards Since
(DBN)

The vast majority of Republicans support Alexandria Ocasio-Cortez and Bernie Sanders' plan to cap credit-card interest rates at 15%
(DBN)

Fox News viewers are more likely to support Bernie Sanders than people who watch MSNBC • All the 2020 Democrats doing Fox News town halls • Warren turns down Fox News town hall, blasting network as "a hate-for-profit racket" • Elizabeth Warren calls for a boycott of Fox News, which she accused of spreading hate, racism, and conspiracy theories
(DBN)

Biden predicts a post-Trump 'epiphany' for GOP • Biden’s NAFTA Vote Is a Liability in the Rust Belt
(DBN)

'No middle ground': Alexandria Ocasio-Cortez slams Joe Biden over climate change at a Green New Deal town hall in DC
(DBN)

New CEO push on climate-change policy
(DBN)

Montana Governor Steve Bullock just became the 22nd Democratic candidate to run for president
(DBN)

Mark Cuban leaves open possibility of running for president as an independent
(DBN)

Nancy Pelosi gave a full-throated defense of Rashida Tlaib after Trump and Republicans called her Holocaust comments anti-Semitic
(DBN)

Florida governor confirms Russian hackers accessed voter data in 2016
(DBN)

Deepfakes are coming, and we're not ready
(DBN)

Flat Earthers, and the Rise of Science Denial in America
(DBN)

Louisiana's lieutenant governor greeted Trump wearing socks with his face and hair on them — and the photo is incredible
(DBN)

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Crypto:

Bitcoin clears $8,000 as its monster year rolls on
(DBN)

Wild crypto market's traders get something new: FDIC protection
(DBN)

Cryptopia Exchange Announces Bankruptcy, Liquidators Are Appointed
(DBN)

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Private Equity:

Private equity’s allure poses big risks for the stock market and its investors in the next recession
(DBN)

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Pharma:

Maker of OxyContin gets hit with another state lawsuit • Pennsylvania sues Oxycontin maker Purdue Pharma, says it targeted elderly and vets
(DBN)

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Coal:

Cloud Peak Energy Files Chapter 11 with DIP Commitment from Centerview Partners
(DBN)

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Construction:

Orlando: Local construction firm files for Chapter 11 bankruptcy protection
(DBN)

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Debt Collection:

CFPB Proposes a New Debt Collection Rule to Modernize the FDCPA • CFPB Proposes New Rules to Modernize Debt Collection • The CFPB Rolls Out New Regulations for Debt Collection • Why Creditors and Servicers Should Care About the CFPB’s Proposed Debt Collection Rules
(DBN)

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Education:

Private College Tuition Discount Rate Hits All-Time High Of 52%
(DBN)

Trump: Shift Billions from Pell Grants to NASA
(DBN)

Louisiana promised children a way out of bad public schools – then steered thousands to D- and F-grade private campuses
(DBN)

America’s educational system is an ‘aristocracy posing as a meritocracy’
(DBN)

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New Bankruptcy Opinions
(4 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (18 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (50 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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Recoupment:

The Devil Is in the Details … The Doctrine of Recoupment
(DBN)

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Intercreditor:

Caveat Intercreditor: Bankruptcy May Be Coming
(DBN)

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Arbitration:

Lack of Arbitrator Diversity Is an Issue of Supply and Demand
(DBN)

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Bankruptcy Reform:

Possible Fallout From Raising Chapter 12 Bankruptcy Cap
(DBN)

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Exemptions:

Updated Exemption Amounts Under the Bankruptcy Code
(DBN)

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Discharge:

Now at the Supreme Court, Will the Ninth Circuit’s In Re Taggart Decision Affect Sanctions for Willful Violations of the Discharge Injunction?
(DBN)

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Litigation:

How cognitive bias can either help, or hurt, your case in the courtroom
(DBN)

Has The Supreme Court Eviscerated Recovery Of eDiscovery Costs?
(DBN)

Playing it Smart—Aligning the Interests of Litigants, Attorneys, Litigation Funders
(DBN)

Litigation Funders Become the Litigants as Industry Grows
(DBN)

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IP:

The Supreme Court will soon determine whether Trademark License Rights in Bankruptcy Endure or Melt Away
(DBN)

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Extraterritoriality:

A Case to Watch: The Extraterritorial Application of United States Bankruptcy Law
(DBN)

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Mediation:

“Can’t Get No Satisfaction” From, (i) Late-In-A-Lawsuit Mediation, and (ii) Type of Mediator
(DBN)

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Bankruptcy Remoteness:

'Sutton 58 v. Pilevsky': It's Not All Bad News
(DBN)

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Marijuana:

Continuing Risks for Businesses Connected to the Marijuana Industry
(DBN)

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Mass Torts:

Bayer's stock falls after $2 billion verdict against Roundup maker Monsanto
(DBN)

Juror says $2B award in Roundup cancer trial was intended to have ‘punch-in-the-gut effect’
(DBN)

Attorney Brent Wisner on His $2B Roundup Verdict: 'Literally, Jaws Were Dropping.'
(DBN)

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Aerospace:

Bezos dreams of our space future • Jeff Bezos Dreams of a 1970s Future
(DBN)

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Taxis:

NLRB memo says Uber drivers are independent contractors • US Labor Board: Gig Drivers are Not Employees
(DBN)

Uber underwriters worried about the IPO deployed unusual ‘naked short’ tactic to support the stock
(DBN)

Will Uber and Lyft Ever Be Profitable?
(DBN)

The Uberization of Everything
(DBN)

Lyft Exec: Drivers Should Become Mechanics
(DBN)

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Finance:

Federal lawsuit says CFPB should collect data on business-loan applications from women and minorities
(DBN)

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Religion:

Suit seeks to hold Vatican at fault for abuse by US priests
(DBN)

Catholic dioceses unveil independently run program offering financial compensation to victims of church abuse • Six Catholic dioceses in California form compensation program for victims of abuse by priests
(DBN)

Catholic Diocese Of Charlotte To Publish List Of Abusers
(DBN)

‘Tell No One,’ documentary on priests' abuse, rocks deeply Catholic Poland
(DBN)

Does the Catholic Church back right wing populists? Depends on the country
(DBN)

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Autos:

Disruption: The ‘Airbnb of Cars’ Gets Heat From the Rental Car Industry
(DBN)

Nissan has hit 'rock bottom' as profits slump, says car maker's boss
(DBN)

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Telecoms:

Windstream Gets OK For Up To $24M In Ch. 11 Exec Bonuses
(DBN)

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UK:

Insolvency Service Enforcement Outcomes: 2019/20
(DBN)

Brexit talks between Labor and the Conservatives hit a low point • Bank Of England Would Really Appreciate It If Britain’s Leaders Could Get On With Kneecapping Its Economy • Theresa May to hold new Brexit deal vote following talks with Jeremy Corbyn
(DBN)

Confusion surrounding UK lawyers’ Ireland registration following Law Society letter
(DBN)

Unemployment rate falls to 44-year low of 3.8% • Jobs boom to continue while salaries remain stagnant
(DBN)

UK business output and confidence fall
(DBN)

Contractors, are you ready to pay HMRC debts sooner if your limited company is insolvent?
(DBN)

Three in ten British adults spent more than they received in income in the past month – R3
(DBN)

Female unemployment rate lowest since 1971
(DBN)

London markets retreat as trade war escalates
(DBN)

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EU:

When Europeans fly the nest
(DBN)

Ugly Atmosphere Pervades Europe Ahead of Elections
(DBN)

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Canada:

Consumer insolvencies in Canada climb to highest in 8 years • Calgary fares slightly better than Edmonton as bankruptcies rise in Alberta
(DBN)

Bankruptcy is not a license to ignore rules: Redwater, insolvency, and Alberta’s uncertain regulatory future
(DBN)

Chanel is this Canadian landlord’s defense against retail woes
(DBN)

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India:

Insolvency Professionals may require 'certificate of practice'
(DBN)

'Baseless rumors': Air India dismisses Israeli media reports on bankruptcy
(DBN)

Small Borrowers Will Get Loan Waivers Under New Bankruptcy Scheme
(DBN)

India's Jet Airways sees management exodus as rescue hopes dim • Time for Insolvency of airlines : Jet Airways a lesson! • IndiGo and SpiceJet shares surge after Jet Airways stock falls over key management exits
(DBN)

Vijay Mallya gets a year to save his London home
(DBN)

What the top court's ruling in ArcelorMittal case means for PE firms in 'control' deals
(DBN)

United Bank of India exploring out of court settlement to expedite recovery
(DBN)

NPA recoveries via IBC in 2018-19 at ?70,000 crore: Crisil • Creditor haircuts under IBC remain high at 52%
(DBN)

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MENA:

US ally pulls warship away from a carrier group as risk of conflict with Iran skyrockets • A vast disinformation network of copycat fake news sites with names like 'Bloomberq' and 'The Indepnedent' has been pinned on Iran • Tensions between the US and Iran are heating up one of the world's most important bodies of water • Trump denies report that U.S. may deploy 120,000 troops to counter Iran • Saudi Arabia says its oil pipeline was attacked by drones • A conflict with Iran would not be like the Iraq War; it'd be worse • Iran President’s Adviser to Donald Trump: ‘You Are Going to Get a War,’ Not a ‘Better Deal’ • Trump: I'm Not Looking for a War with Iran • Trump Administration Prepares Multiple Military Options for Iran, Including Airstrikes and Setting Up Ground Invasion • The US military and its friends in the region can't get their story straight on the Iran threat • US Pressures Baghdad on Iran Backed Militias • U.S. orders embassy staff out of Iraq as Iran tensions rise • U.S. claims of growing Iranian threat met with global skepticism
(DBN)

Iraqi Police Forces Confront Crime Wave of Short & Ripped Jeans
(DBN)

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Venezuela:

Venezuela's hyperinflation is so bad that a McDonald's Happy Meal briefly cost more than a month's salary
(DBN)

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Turkey:

Turkish banks near Goldman 'red zone' after lira tumbles
(DBN)

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Australia:

How a Ferrari-driving Australian bankrupt took authorities for a ride
(DBN)

ASIC liquidator push turns up the heat on Diamond Joe Gutnick
(DBN)

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Brazil:

Brazil telecoms firm Oi's revenue continues to fall in Q1
(DBN)

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China:

China’s retail sales growth slumps to 16-year low as trade war risks rise
(DBN)

China's economic activity cools in April • Receding Chinese economy weighs on European markets
(DBN)

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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.

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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.
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