May 17, 2019

The Daily Bankruptcy News

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Law:

Biglaw Associate Raises May Be Nice, But They Could Come With Some Harsh Consequences
(DBN)

In Dueling Suits, Lawyers from Prominent Litigation Boutique Trade Vicious Barbs Pierce Bainbridge Fighting Ex-Partner Over Array of Allegations
(DBN)

The Latest List Of Biglaw Firms With $2 Billion In Gross Revenue
(DBN)

Check Out The Epic Game Of Thrones-Inspired Biglaw Farewell Email
(DBN)

Legal Tech Vendors Aiming to Be One-Stop Shops for Attorneys
(DBN)

Veteran Lawyer Says Emerging-Market Debt Is Headed for Trouble
(DBN)

MGM Estimates Las Vegas Shooting Lawsuits Could Settle for Up to $800M
(DBN)

These Law Firms Are Investing in Legal Operations. It's Paying Off
(DBN)

2 US Law Firms Among Cybercrime Victims, DOJ Says
(DBN)

Federal judge orders parts of Mueller report unredacted, made public White House Counsel Tells Congress To 'Discontinue' Probes Into Trump Michael Flynn told special counsel about attempts to obstruct Russia probe Federal Prosecutors Suggest Robert Mueller’s Grand Jury Is Still Hard at Work Former US Attorney Preet Bharara says good journalism may have undermined the Mueller report Mueller Testimony to Congress Stalled by Executive-Privilege Claim Prosecutors: Person 'connected to' Congress tried to influence Flynn's cooperation with Mueller
(DBN)

Fox News’ Judge Napolitano Excoriates Trump for ‘Abandoning Separation of Powers’ How do we know if we’re in a constitutional crisis? 11 experts explain.
(DBN)

Barr Throws Curveball Into Senate Spy Probe
(DBN)

Trump unveils plan to overhaul the legal immigration system Immigrants would have to know more about the U.S. than many Americans under Trump’s immigration proposal Deported Honduran migrant gives up on American dream Donald Trump’s Rose Garden immigration speech, explained Trump's new immigration bill is 'dead on arrival' — but its real value could be shoring up his immigration strategy for 2020 Ex-GOP Reps Pound Trump on Border Wall Trump has big plans for his border wall
(DBN)

Man in country illegally charged with 11 murders in Texas
(DBN)

The very political pattern of Trump's pardons Here’s the background to Conrad Black’s conviction that Trump wiped away Elton to Rush: Conrad Black's Defenders Conrad Black: Pardon is Vindication List: Everyone Trump Has Pardoned
(DBN)

West Point is about to graduate its largest class of black women in its 217-year history
(DBN)

2 charged in psychic scam; police say lawyer was swindled out of $1.5M
(DBN)

Paris Hilton FINALLY Weighs In On Kim Kardashian’s Legal Career!
(DBN)

Lawyer suspended for failing to reveal client’s death as he continued to litigate case
(DBN)

When it comes to battered woman syndrome, ‘Lorena’ docuseries comes up short
(DBN)

Horse Lords Make Constitutional Case Over Derby Disqualification
(DBN)

Mother and daughter charged with strangling teen mom, cutting baby from womb
(DBN)

Police Say Woman Tried Running Off with Someone Else’s 4-Year-Old at a McDonald’s
(DBN)

Ever cross the street while texting on your phone? New York may make that illegal
(DBN)

Officer brushes off Eric Garner's death as "not a big deal"
(DBN)

Lesbians' Suit Claims Foster Care Program Rejected Them for Not Mirroring the 'Holy Family'
(DBN)

San Diego Outlaws Living In A Van Down By The River
(DBN)

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Judges:

The Justices Had 5 Votes to Overturn 'Roe' in 1992. Why That Didn't Happen Alabama governor signs abortion ban; which cases are headed to the Supreme Court? Some states rush to protect abortion as Roe v. Wade fight heats up Mike Pence blasts liberal states for adopting 'extreme pro-abortion' laws Abortion law fallout: Where each state stands if Roe v. Wade is overturned Sun Tzu And The Art Of Alabama’s Abortion Ban Abortion in America, explained in 10 facts Roe v. Wade makes the state bans against abortions unenforceable. Here's how conservative activists plan to overturn it Top House Republican McCarthy says he opposes Alabama abortion law Alabama, Georgia don't have to get the Supreme Court to overrule 'Roe' to gut it Missouri's GOP-led Senate passes strict antiabortion bill amid wave of similar legislation How a sensational sex scandal led to the nation's first abortion law 200 years ago Alabama Sen. Doug Jones calls new abortion ban ‘shameful’ Nearly half of women who have abortions live below the federal poverty level When a Country Bans Abortions
(DBN)

Supreme Court may never be unanimous again
(DBN)

Senate Confirms Vitter for Court Anti-Abortion District Court Nominee Wendy Vitter Confirmed
(DBN)

Brown v. Board Turns 65, and Trump Picks Won’t Say It’s Right Defending Brown and the Rule of Law
(DBN)

9 Justices Shouldn't Abide by 9 Sets of Rules
(DBN)

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Wall Street:

Futures dip after China's tough stance on trade
(DBN)

Dow jumps more than 200 points, posts 3-day winning streak, boosted by bank shares and Walmart
(DBN)

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Solar:

Georgia's largest solar energy firm files for Chapter 11 bankruptcy
(DBN)

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Entertainment:

Weinstein Co. looking to liquidate in bankruptcy court
(DBN)

Harvey Weinstein Plaintiffs Oppose TWC's Move to Hire More Lawyers
(DBN)

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Hotels:

MGM estimates Las Vegas shooting lawsuits could settle for up to $800M
(DBN)

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Education:

The SAT is adding an 'adversity score' that will quietly let colleges track a student's wealth and privilege
(DBN)

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Telecoms:

Judge rules that Charter must pay for letters to Windstream customers over ad campaigns Windstream Bankruptcy: The Channel Saga Unfolds
(DBN)

Huawei's $105Bn Business at Stake Shares of Huawei’s American suppliers slide, but the Chinese giant says it can survive US blacklist
(DBN)

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Agribusiness:

North Dakota, Minnesota farmers optimistic, worried about trade
(DBN)

China Cancels US Pork Imports
(DBN)

U.S. Farmers, Wanting a Trade Deal, Brace for Aid Package They Fear Will Fall Short
(DBN)

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Awards:

Chambers USA 2019 - Bankruptcy
(DBN)

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Healthcare:

Fact Check: Trump’s Talk On Preexisting Conditions Doesn’t Match His Administration’s Actions
(DBN)

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Music:

Where Was the Board? Reflections On Potential Legal Issues In PledgeMusic “Administration” Bankruptcy
(DBN)

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Hotels:

Troubled hotel property sells for nearly $40 million Palm House Hotel finally sells for $40M
(DBN)

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Aviation:

Boeing's 737 Max is still grounded after two deadly crashes, but a poll shows people will still fly on them if tickets are cheap
(DBN)

Boeing says it has completed a software update for 737 Max anti-stall system linked to fatal crashes
(DBN)

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Economy:

Half of Americans are just one paycheck away from financial disaster
(DBN)

One nation, drowning in debt
(DBN)

Boom in Dodgy Wall Street Deals Points to Market Trouble Ahead
(DBN)

Philly Fed Mfg "Current Indicators Suggest Continued Growth" in May
(DBN)

Fed’s Neel Kashkari says rate hikes ‘were not called for’ and that policy has been ‘too tight’ Kashkari says Fed needs to 'walk the walk' by letting inflation exceed 2%
(DBN)

Fed’s Brainard says ‘new normal’ means central bank needs to let inflation run hotter, employ capital buffers
(DBN)

Credit card rates are now at their highest level in history and may weigh on the economy
(DBN)

Here's what could happen if China uses its 'nuclear option' in the trade war Cramer: Trump no longer cares if his China policies hurt American businesses Walmart: Tariffs will increase prices for shoppers Trump's tariffs amount to one of the largest tax hikes in decades Trump’s Tariffs Equivalent to Largest Tax Hike in 25 Years Trump tariffs: How the trade wars are affecting manufacturing jobs and pay Call to Buy American is Not Realistic Trump’s crackdown on China’s Huawei is escalating the trade war China has plenty of ways to get back at US for treatment of Huawei Nobel Prize winner Robert Shiller says trade war ‘theater’ is leading investors astray China Threatens To Cut Rare Earths Supplies To The U.S. As Trade War Rages, China's Sway Over the US Fades
(DBN)

Millennials think they know how much money it takes to be considered wealthy, and it's well over $1 million
(DBN)

This map shows how much money a family of 4 needs to earn to get by in every US state
(DBN)

The highest paying entry level jobs, according to Glassdoor
(DBN)

A group of superrich investors, spooked by China and potential ‘black swans,’ raises cash to levels not seen in years
(DBN)

Think CEOs Are Overpaid? See How They Compare With Hollywood Celebs and Sports Stars
(DBN)

Is American Tired of Losing Yet?
(DBN)

Economist Phillip Swagel Named Next CBO director
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

Housing Starts Increased to 1.235 Million Annual Rate in April Housing starts climb almost 6% in April, but construction still lags last year’s pace Comments on April Housing Starts
(DBN)

Mortgage rates slump to 2-month lows amid market turmoil
(DBN)

CAR: "California home sales stumble into spring home buying season"
(DBN)

Zillow: Houston Home Prices in Decline
(DBN)

Treasury Department aide hired to reform Fannie, Freddie will step down
(DBN)

Aspen Club declares Chapter 11 bankruptcy
(DBN)

Cincinnati landlord files for bankruptcy, owes $579,000 to city
(DBN)

Attorney General Becerra Announces Sentencings in $2 Million Mortgage Fraud Scheme in Southern California
(DBN)

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Municipalities:

Puerto Rico Unsecured Creditors, fiscal board committees allowed to pursue claims
(DBN)

New round of claims against vendors, bondholders on tap in Puerto Rico bankruptcy
(DBN)

Goldman Fund Makes Record Retreat From Muni Junk Bonds Over Risk
(DBN)

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Oil/Gas:

Is California ready to ban gas-powered cars? Not yet. But they're thinking about it
(DBN)

EdgeMarc files for bankruptcy and blames Energy Transfer explosion; Energy Transfer says it was 'an act of God'
(DBN)

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Art:

Steve Mnuchin's Dad Bought Jeff Koons' 'Rabbit' for Record-Smashing $91M
(DBN)

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Politics:

The United States’ Problems Aren’t What You Think They Are
(DBN)

Positive feedback from Twitter is reportedly all Trump needs to push policies
(DBN)

Roy Moore considers another Senate run in Alabama
(DBN)

Texas Took "Help America Vote" Funds to Purge Voters
(DBN)

Bill de Blasio’s presidential campaign announcement was met with intense anger and mockery over New York's failing public transit system Bill de Blasio is running for president in 2020 — and all signs point to his campaign being a disaster in the making
(DBN)

Pete Buttigieg unveils first list of policy proposals
(DBN)

4 reasons there are more than 20 Democratic candidates for president
(DBN)

Trump disclosure shows revenue steady at key properties Revenue at Trump's Mar-a-Lago dropped 10% in 2018, new federal disclosures show Trump made at least $434 million from his business in 2018 Trump banks $23 million from his Mar-a-Lago club for 2018
(DBN)

No, I don't want a beer with Elizabeth Warren. But can she come over for Settlers of Catan? Elizabeth Warren proposes overhaul to ethics rules at the Pentagon
(DBN)

Biden shows early strength, but pitfalls loom in 2020 U.S. presidential race
(DBN)

Ukraine prosecutor: No evidence of wrongdoing by Biden or his son
(DBN)

Jay Inslee touts $9 trillion climate plan as economic boom
(DBN)

Education is big topic for some Democratic candidates and potential trouble for others
(DBN)

EPA watchdog suggests agency recover $124,000 in Pruitt's 'excessive' travel expenses 5 Big Revelations from Inspector General's Report on Scott Pruitt's Lavish Travel Spending at the EPA
(DBN)

Ben Carson's $40,000 furniture order broke the law
(DBN)

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Rail:

Trump administration pulls $929 million from California high-speed rail project
(DBN)

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Retailing:

Neiman Marcus Faces Renewed Marble Ridge Push to Block Exchange
(DBN)

Amazon Surpasses Walmart As The World's Largest Retailer
(DBN)

Discount chain Fred's is closing 104 more stores in 13 states — here’s the full list
(DBN)

Shopko Optical sale done; email set up for info on new owners' plan to relocate 80 stores
(DBN)

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Electricity:

Six months after California’s Camp Fire, survivors still struggle to find temporary homes
(DBN)

PG&E contractor takes wildfire victim's rebuilding supplies
(DBN)

Unsecured creditors oppose PG&E housing fund for wildfire victims
(DBN)

PG&E says forced outages could last five days at a time
(DBN)

PG&E's `Fix-It' Man Faces Blame for Fire Two Weeks Into Job
(DBN)

PG&E Blamed For Sparking Deadly Camp Fire. Now What?
(DBN)

PG&E says forced outages could last five days at a time
(DBN)

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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 (22 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (13 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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Avoidance Actions:

Second Circuit Allows Avoidance Actions Against Foreign Transferees in Madoff Proceeding
(DBN)

Bankruptcy Avoidance Actions Under Section 544(b): State Fraudulent Transfer Statutes and More
(DBN)

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Cross-Border:

Platinum Partners' Alleged Alter Ego Seeks Ch. 15 Shield
(DBN)

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Pharma:

'People are dying for no reason': Alexandria Ocasio-Cortez confronts drug company CEO over HIV medication costing almost $2,000 a month in the US and only $8 in Australia
(DBN)

5 more states sue Purdue Pharma over opioid crisis
(DBN)

Pharma's bad behavior is causing its own problems
(DBN)

Why Insys Therapeutics Is Unlikely To Survive
(DBN)

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Newspapers:

Gannett shareholders reject hedge fund's board candidates
(DBN)

MediaNews offers to buy Reading Eagle out of bankruptcy MediaNews Group in line to buy Reading Eagle's assets MediaNews Group stands as lone bidder to buy Reading Eagle; auction canceled
(DBN)

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Fraud:

10 Years Later, Ponzi Schemer Wants Sentence Tossed
(DBN)

Theranos whistleblower: How to prevent another $600M Silicon Valley disaster
(DBN)

The Font Detectives
(DBN)

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Food/Beverage:

Kona Grill co-founder in Houston offers opening bid for foundering restaurant chain
(DBN)

All is forgiven, manager says, after waitress mistakenly serves customer a $5,000 bottle of wine
(DBN)

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Taxis:

Uber, Lyft Drivers Manipulated DC Fares
(DBN)

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Consumer Finance:

Bernie Sanders and AOC’s plan to crack down on high-interest loans, explained
(DBN)

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Student Debt:

Soon more borrowers will be able to use vacation days to pay off student-loan debt
(DBN)

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Religion:

Foreclosure Sale Looming for Church Founded in 1893
(DBN)

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Climate:

The disaster aid fight shows just how unprepared Congress is to deal with climate change
(DBN)

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Coal:

A Major Coal Company Went Bust. Its Bankruptcy Filing Shows That It Was Funding Climate Change Denialism
(DBN)

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Media:

Mystery suitors behind Salon Media $5M deal revealed as techies
(DBN)

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Advertising:

Amazon in talks to purchase Sizmek Ad Server Who Are the Leading Candidates to Buy Sizmek’s Remaining Assets?
(DBN)

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UK:

British pound slumps to 3-month low on ‘no-deal Brexit’ fears Sterling falls as Brexit talks between the UK’s two main parties collapse U.K. markets recoil from Boris Johnson Interview with Brexit Party Leader
(DBN)

Horse racing investors face multimillion insolvency losses
(DBN)

First college set to go into insolvency Scandal-hit Hadlow College first to go through insolvency regime Hadlow College insolvency: How to ensure it doesn't happen again School ‘unaffected’ by college insolvency
(DBN)

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EU:

Angela Merkel says the postwar world order is over and calls for Europe to stand up to China, Russia, and the US
(DBN)

Young Europeans increasingly turning to the far-right
(DBN)

Why Europe will lose the trade war it isn’t even fighting
(DBN)

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MENA:

UAE shareholders are no longer staying on the sidelines
(DBN)

A heavily armed US carrier strike group has moved into position near Iran as tensions mount What the Trump White House understands about Iran Trump says ‘I hope not’ when asked if the US is going to war with Iran Trump tells defense secretary he doesn't want war with Iran Two U.S. Warships Enter Persian Gulf Without Incident Congress Must Stop Trump From Blundering Into America’s Most Dangerous War in Decades
(DBN)

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India:

Government to back homebuyers caught in insolvency cases
(DBN)

Five effects of Jet Airways's collapse on airline industry
(DBN)

Bankruptcy code proves more effective than other resolution mechanisms
(DBN)

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China:

Secret bond deals making China's debt market more confusing
(DBN)

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Croatia:

Court Launches Bankruptcy Proceedings in Uljanik Parent Company
(DBN)

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