May 28, 2019

The Daily Bankruptcy News

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Law:

Jones Day Women Want to Keep Their Jane Doe Status in Court
(DBN)

The Big Four Are a Looming Threat to Big Law
(DBN)

Constantly On Call, Lawyers Risk Exhaustion
(DBN)

Don’t Worry, Law Schools, The New 75 Percent Bar Pass Requirement Is Actually Easy To Beat
(DBN)

Western State College Of Law Has A Potential Buyer
(DBN)

Gunderson Announces Summer Bonuses — Your Move Am Law 100!
(DBN)

The Biglaw Firm Tumbling Down The Rankings
(DBN)

Your Good Intentions Can Be Isolating: A Guide For Supporting A Mom’s Return to Work
(DBN)

Sexism Rears Its Ugly Head At This Small Law Firm In The South
(DBN)

Rite Aid Must Indemnify Ex-Chief Counsel Who Beat Its Lawsuit
(DBN)

Experts: Power to Declassify Intel is Corrupt
(DBN)

Chris Wallace Hits Graham Over Subpoenas
(DBN)

Judge Blocks Part of Trump's Wall 'Nearly Complete': Privately Funded Wall Goes Up on US-Mexico Border New turn in shakeup of Trump team handling immigration policy Trump to place Ken Cuccinelli at the head of the country's legal immigration system Techdirt Sues ICE After It Insists It Has No Records Of The 1 Million Domains It Claims To Have Seized Trump has pushed for border wall contract for a company whose top executive frequently appears on Fox News and donates to the GOP
(DBN)

Donation to Inaugural is Now Being Probed
(DBN)

20 questions Mueller will actually be able to answer Did Congress read the Mueller report? More than a quarter of these key lawmakers won't say.
(DBN)

Trump lawyers appeal judge's ruling not to block Deutsche Bank, Capital One subpoenas
(DBN)

Examining the Russia-probe theories that Trump has empowered Barr to investigate Intel Agencies Worry About Barr's New Powers Liz Cheney: FBI Agents May Have Plotted Coup Bharara Tells Liz Cheney to ‘Knock it the Hell Off’ After She Says Strzok Texts Could Be Treason
(DBN)

Alarming Rise in Anti-Abortion Protests Pope Francis compares abortion to 'hiring a hitman' as several US states attempt to restrict the procedure Overturning Roe v. Wade wouldn’t turn back the clock to 1973 A Pastor’s Case for the Morality of Abortion 'Here we go again': Federal judge blocks Mississippi's six-week abortion ban American Civil Liberties Union sues Alabama over near-total abortion ban
(DBN)

Alabama Goes Scorched-Earth Over Same-Sex Marriage, Votes to Eliminate Marriage Licenses and Weddings Altogether
(DBN)

'He will have taken a step to dishonor our armed forces': One of the most highly-decorated retired US Army generals warns Trump against pardoning war criminals Trump says pardoning war criminals 'a little bit controversial,' suggests delay in deliberations
(DBN)

9 Person KKK Rally Cost Dayton $650,000
(DBN)

Some Harvey Weinstein Accusers Spurn Proposed Settlement Ahead Of June 4 Hearing
(DBN)

Hertz customers arrested after their rentals incorrectly marked stolen
(DBN)

Assange's new indictment: Espionage and the First Amendment Julian Assange's indictment 'crosses a bright red line for journalists' Some federal prosecutors disagreed with decision to charge Assange under Espionage Act The wrong move against Assange Assange case does not herald new assault on press
(DBN)

Billionaire's mission to moon landed in court
(DBN)

Black students on a field trip said they were told 'no food, no drink, no watermelon'
(DBN)

Irony: Lawyers for Noah's Ark theme park are suing its insurance company for rain damage
(DBN)

Police found a burglary suspect hiding - in a treehouse with a fire pit and barbecue
(DBN)

Remember the lunch lady fired for giving a boy a free meal? His mother now says she lied
(DBN)

Honesty In The Profession: Lawyer Should Not Be Synonymous With Liar
(DBN)

Author Learns Legal Premise Of Her Book Is Wrong, Live
(DBN)

Sheriff: Man Buried His Dead 97-Year-Old Mom in Backyard to Continue Collecting Her Benefits
(DBN)

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Judges:

Judge Tries His Hand At Comedy And Earns Comical Benchslapping
(DBN)

‘Judges Are Not as Funny as They Think They Are’: Utah Judge Suspended for Criticizing Trump
(DBN)

'Welcome to the beginning of the fascist takeover': A Utah judge was suspended without pay for making anti-Trump comments online and in court
(DBN)

Trump blasts judge who blocked part of border wall construction
(DBN)

Judge Shot Her Estranged Husband, Now She’s On Paid Leave While The State Investigates The Shooting
(DBN)

Taking on Culture Change at Ninth Circuit Post Kozinski
(DBN)

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Wall Street:

Dow futures slightly higher, gains capped by lingering trade worries
(DBN)

Stocks close higher but Dow logs longest weekly losing streak since 2011
(DBN)

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Layoffs:

New Orleans Newspaper Fires Entire Staff
(DBN)

GateHouse Media lays off journalists across the country
(DBN)

Trump administration to pull out of rural Job Corps program, laying off 1,100 federal workers
(DBN)

Layoff Watch ’19: All Deutsche Bank I-Bankers Might As Well Start Packing
(DBN)

Workers left with no paychecks as bankrupt Dexter book manufacturer sold
(DBN)

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Politics:

Trump administration bans CDC from saying 'diversity,' transgender,' 'fetus,' and more
(DBN)

Models Predict Trump Victory in 2020
(DBN)

Poll: Biden would beat every other Democratic candidate in a one-on-one race
(DBN)

Trump goes scorched earth against impeachment talk Why are Democratic leaders still foot-dragging on impeachment hearings? Most 2020 Democrats on the campaign trail are avoiding calls for Trump's impeachment Impeachment Has ‘Lost Its Sting’ in Trump Era, Says Law Professor
(DBN)

Trump's Stonewalling Will Keep Failing
(DBN)

Pelosi's Trump-like taunts are working Republican lawmaker criticizes Trump for sharing heavily edited video of Pelosi Facebook acknowledges Pelosi video is faked but declines to delete it Trump's allies insist he is winning in feud with Pelosi. Her backers say she showed up the president.
(DBN)

Buttigieg: There's "no question" Trump faked disability to avoid Vietnam
(DBN)

Trump turns the full force of the government on perceived political enemies Trump’s Public Enemies List Is an Impeachable Offense
(DBN)

'He will not go to sleep': White House staffers reportedly dread foreign trips with Trump aboard Air Force One, where he holds meetings at odd hours and constantly watches Fox News
(DBN)

Giuliani reportedly met with a former Ukrainian diplomat amid push to gather information on Trump's political opponents
(DBN)

Pence to West Point Grads: Expect a War Mike Pence predicts war everywhere in the next few years
(DBN)

Jon Voight declares Trump 'greatest president since Abraham Lincoln' in late-night video
(DBN)

Hate makes a comeback in the Pacific Northwest
(DBN)

John McCain Recited Names Of Dictators During Trump Inaugural, Senator Says
(DBN)

Members of both parties criticize Trump's 'confidence' in Kim Jong Un
(DBN)

FactCheck: Trump and a tale of 2 sheets of paper
(DBN)

The Director Of US Citizenship And Immigration Services Is Resigning As Trump Continues His Purge Emails show border union chief clashed with Trump nominee
(DBN)

Trump's tweets are losing their potency
(DBN)

Sarah Huckabee Sanders defended Trump's recent support of Kim Jong Un, saying they agree on Biden Trump says he 'smiled' when Kim Jong Un insulted Joe Biden, wasn't 'disturbed' by North Korean missile tests even though his advisers were
(DBN)

E.P.A. Experts Objected to ‘Misleading’ Agency Smog Decision, Emails Show
(DBN)

HUD Official: Don't Care if I Broke the Law
(DBN)

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Climate:

Mammoth Mountain Sets May Snowfall Record
(DBN)

Arkansas River Set for Historic Flooding
(DBN)

Two killed, dozens injured and several missing after tornado rips through Oklahoma town Central U.S. storms: Tornadoes strike Ohio and Indiana The states where the most tornadoes hit 'Large and destructive' tornado causes injuries, thousands of outages throughout Dayton, Ohio, area
(DBN)

As climate change gets worse, so does Congress's ability to fund disaster relief
(DBN)

Administration Ups Attack on Climate Science
(DBN)

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Coal:

Nearly 100,000 coal miners at risk of losing pension money by 2022
(DBN)

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Economy:

Q2 GDP Forecasts: Mid 1% Range
(DBN)

Federal Reserve Board issues Report on the Economic Well-Being of U.S. Households
(DBN)

3 Charts on Trump's Economy
(DBN)

Weekly Unemployment Claims Since 1971
(DBN)

Map: Cost of living comparison for U.S. cities
(DBN)

‘Whiff of U.S. recession’? It’s in the air again amid China trade fallout
(DBN)

US Beer Industry: Tariffs Cost Us 40,000 Jobs Americans Loathed the Tariff IMF contradicts Trump: US companies and consumers are paying for the higher tariffs on Chinese imports The trade war could slash output in the US, China, and across the world Increasing tariffs on China will likely hurt US growth, says Nomura China Digs in For a Long Trade War Trump Hits Japan for Trade Advantage Beto on Trump's trade war: He's the arsonist who wants to be the firefighter Trump's tariffs are inflicting pain and uncertainty across the market. Comments from very different American companies show how China Won't Give in on Trade Pressures Huawei Ban Could Cut Off Rural Cell Service Tariffs could fizzle fireworks, an American tradition that's 95 percent made in China ‘No more concessions’. Why is China playing hardball in trade war talks with the United States? Japan Then, China Now GOP senator applies for farm aid, but maintains support for Trump’s trade war with China How stock-market bulls are adjusting to the threat of a messier U.S.-China trade war
(DBN)

The most grim sentence about the economy we've heard in weeks
(DBN)

Trump Investment Boom is Gone
(DBN)

The immigrant groups that make the most money
(DBN)

U.S. population growth will increasingly depend on immigration
(DBN)

Where populations are booming and shrinking These are the top 10 states people are moving out of These are the top 10 states that people are moving to Connecticut tops interstate migration losers as Florida profits
(DBN)

Hotels: Occupancy Rate Increased Year-over-year
(DBN)

Why would Trump administration weaken rule that could prevent another financial crisis?
(DBN)

11 mind-blowing facts about the US economy
(DBN)

US birthrates are down again, but there is some good news
(DBN)

Blue-state House members try to raise SALT deductions, a key piece of Trump’s tax cuts
(DBN)

5 ways Americans are being left behind
(DBN)

Debt Outstanding of Nonfinancial Corporations vs. Financial Institutions Since 1980
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

Housing and Recessions
(DBN)

Security Gap Leaves 885 Million Mortgage Documents Exposed
(DBN)

13 mind-blowing facts that show just how expensive San Francisco really is
(DBN)

Rents in cities across the US are more expensive than ever before. Here are 5 drastic measures people are taking to avoid rising housing costs.
(DBN)

American Soil Increasingly Foreign Owned
(DBN)

‘He Is Walled Off’: Kushner Companies’ $800M Federally-Backed Deal Raises Ethical Questions Kushner Companies buys $1.1 billion in multifamily real estate
(DBN)

Fannie Mae may be privatized before Freddie Mac, or vice versa
(DBN)

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Municipalities:

How Unprepared Illinois Is for the Next Recession
(DBN)

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Oil/Gas:

Oil Prices Down Year-over-year
(DBN)

Legacy Reserves: More Signs That Point Towards A Bankruptcy Filing
(DBN)

Schlumberger Suffers Credit Hit as Oil Clients Stick to Cut
(DBN)

Seadrill's Plunge Deepens After Analysts Slash Target by 88%
(DBN)

White Star Petroleum, LLC to Explore Strategic Alternatives
(DBN)

____________

Agribusiness:

Our Backlog of Unsellable Soy Beans
(DBN)

2020 candidate Klobuchar releases plan to help US farmers
(DBN)

____________

Student Debt:

Turning to Courts for Loan Forgiveness
(DBN)

51 attorneys general call on Betsy DeVos to cancel up to 42,000 disabled veterans' student debts
(DBN)

6 strategies I used to pay off $81,000 in student loans
(DBN)

He moved to a jungle in India to escape his giant student debt — and he’s not alone
(DBN)

The 10 US cities where college grads are the most burdened by student debt
(DBN)

Killer Loans — College Debt Triggers Depression and Suicide
(DBN)

Student loan debt is driving Millennials to buy fixer-upper homes
(DBN)

____________

Consumer Finance:

Don't call them payday lenders
(DBN)

____________

Holidays:

AP FactCheck: Trump takes credit for Obama's gains for vets
(DBN)

Army Tweets 'How Has Serving Impacted You?' Gets Thousands of Unexpected Responses
(DBN)

Memorial Day is for remembering
(DBN)

15 current and former Fortune 500 CEOs who got their start in the military
(DBN)

Memorial Day's Controversial History
(DBN)

____________

Pharma:

Oklahoma, Teva Pharmaceuticals reach $85 million settlement in opioid case
(DBN)

Drugmakers' opioid liability tied to untested legal theory
(DBN)

____________

Retailing:

Stage Stores: 40-60 Closings in 2019
(DBN)

Hibbett Sports: 95 Closings
(DBN)

Sears pins its future on small stores selling appliances, mattresses. Here’s what that looks like
(DBN)

Chain stores tried to court millennials and ended up alienating their most loyal shoppers
(DBN)

____________

Fishing:

Judgment to the former administrators of Pescanova considered responsible for fraudulent bankruptcy
(DBN)

____________

Fraud:

Madoff, From A Feeder Fund Perspective, 10 Years Later
(DBN)

Robocall scammers are getting sneakier — here’s how to stop them
(DBN)

Lori Loughlin's Daughter 'Fully Knew' How She Got into USC and Saw No Issue With it, 'Insider' Says
(DBN)

____________

Education:

From cafeteria workers to principals, here's what everyone makes in a public school
(DBN)

Finally, students can comparison shop the cost of their college majors
(DBN)

A Degree May Be Necessary in America, But Maybe Not Sufficient
(DBN)

____________

Nuclear:

Ohio House committee passes bill to save nuclear power plants
(DBN)

____________

Mass Torts:

'The Shame Was So Big.' Ex-Boy Scouts Recount Stories of Abuse NYC men among the hundreds suing Boy Scouts for alleged abuse recall the ‘ugliness’ they lived through
(DBN)

51-Year-Old Chicago Pastor Allegedly Fondled 12-Year-Old Twins ‘During Tutoring Sessions’
(DBN)

Report: Detective's contact with USA Gymnastics not a breach
(DBN)

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New Bankruptcy Opinions
(12 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (9 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (9 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:

Counting Healthcare Chapter 11 Filings: Are There More Than Expected?
(DBN)

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Advisors:

McKinsey Said Disclosure Rules Were Confusing. It Ignored Its Own Primer.
(DBN)

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IP:

SCOTUS Resolves Circuit Split: Trademark License Rejection in Bankruptcy Does Not Terminate Licensee’s Usage Rights
(DBN)

Tempnology Is a Victory for Trademark Licensees But Doesn’t Completely Resolve the Debate Over the Effects of Rejection
(DBN)

Rejection of a Trademark License in Bankruptcy Is a Breach of Contract that Does Not Terminate the Licensee’s Right to Use the Mark
(DBN)

Mission Products v. Tempnology: The Supreme Court Speaks
(DBN)

Mission (Products) Accomplished: Trademark License Not Rescinded Upon Rejection in Bankruptcy
(DBN)

Supreme Court Says Rejection of Trademark License Does Not Extinguish Rights
(DBN)

Mission Products v Tempnology – Supreme Court Declines to “Vaporize” Licensee’s Rights Under Rejected Trademark License Agreement
(DBN)

Supreme Court Holds Trademark Licenses Survive Bankruptcy
(DBN)

Supreme Court's Bankruptcy, Trademark Decision and Its Effect on Franchises
(DBN)

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Liquidated Damages:

New York Bankruptcy Court Finds That Aircraft Leases’ Liquidated Damages Clauses And Guarantees Are Unenforceable
(DBN)

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Aviation:

Even more airlines are demanding payback from Boeing for its 737 Max disasters — here's the full list
(DBN)

United extends 737 Max cancellations through early August as Boeing plane remains grounded
(DBN)

Wow Air's collapse has seriously affected Iceland's economy
(DBN)

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Religion:

Five men who were Catholic priests face new criminal charges in Michigan
(DBN)

Priest assails decision allowing same-sex union announcements
(DBN)

____________

Crypto:

Cryptopia applies for US bankruptcy relief to protect users’ digital assets; could take months to access holdings Cryptopia Files for US Bankruptcy to Preserve User Data Cryptopia Liquidators Reveal Bankruptcy Filing in New York New Zealand crypto firm hacked to death, seeks U.S. bankruptcy
(DBN)

HitBTC responds to allegations of insolvency, refutes claims made by Redditors
(DBN)

____________

Autos:

Is Tesla Doomed? Tesla is Dying Elon Musk made more in 2018 than the next 65 highest-paid CEOs combined, according to a report Celebrity Adventures In Legal Analytics: Elon Musk Edition
(DBN)

Fiat Chrysler Offers Merger Deal to Renault
(DBN)

Merrill on the "Softening" Auto Sector
(DBN)

The rise and fall and rebirth of General Motors
(DBN)

____________

Healthcare:

The price of insulin is surging. This state is the first to make insurance companies eat the cost.
(DBN)

Summer camps turn away the unvaccinated Measles cases reach more than half of U.S. states
(DBN)

Washington's favorite health policy isn't a silver bullet
(DBN)

____________

UK:

The three big lies we were told that led to Brexit, the most damaging lie of all Brexit Party Wins in UK's EU Voting Divided pro-EU leaders open talks after tense election Corbyn says Labour now backs a new Brexit referendum in all circumstances Here are 5 things the UK's latest election tells us about Britain's Brexit crisis 80% of London finance workers don’t want Boris Johnson as prime minister
(DBN)

Voters are Really Confused in England
(DBN)

Brexit propels New York past London to claim top financial center title
(DBN)

Sometimes a Milkshake Is Just a Milkshake
(DBN)

____________

EU:

The Slow Death of Europe’s Traditional Center EU elections: Gutted center, high turnout, rising right The Lesson From Europe’s Elections
(DBN)

____________

PIIGS:

ie: Test case on debt-for-equity personal insolvency arrangements struck out on technicality
(DBN)

Italy Risks $4 Billion EU Penalty for Failing to Curb Debt
(DBN)

____________

Canada:

Bankruptcy rate in Edmonton hits nine-year high
(DBN)

Canadian twist to Madoff Ponzi scheme settled out of court
(DBN)

Canada Moves to Approve NAFTA 2.0
(DBN)

____________

MENA:

Who's to Blame for America's Iran Policy Iraq Vows to Stand with Iran Iran: No Prospect of Negotiations with US Trump insists that U.S. is not seeking 'regime change' in Iran
(DBN)

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China:

China Middle Class Anxious on Trade War
(DBN)

China is ducking a bankruptcy test
(DBN)

Focus on new rules of bankruptcy
(DBN)

____________

Nigeria:

The Changing Nature of Business Rescue in Nigeria
(DBN)

____________

India:

Corporate Insolvency Resolution Law in India – A Proposal to Overcome the 'Initiation Problem'
(DBN)

IBC: Introduce pre-packs, group insolvency to facilitate speedy resolutions
(DBN)

____________

Cayman:

Fairfield Liquidators Overcome Final Obstacle to Pursuing Redeemer Claims
(DBN)

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Mexico:

Hospitals warn of insolvency due to cuts
(DBN)

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Brazil:

Brazil suspends operations of airline Avianca Brasil
(DBN)

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Japan:

Japan: 2 Dead, 15 Injured in Knife Attack on Kids
(DBN)

____________

Venezuela:

Lindsey Graham proposes invading Venezuela to oust Maduro
(DBN)

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