May 7, 2019

The Daily Bankruptcy News

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Law:

BigLaw firm wins partial dismissal of 2 plaintiffs’ claims in gender bias suit MoFo Scores Partial Victory In ‘Mommy Track’ Gender Discrimination Lawsuit
(DBN)

This Biglaw Firm’s Profits Per Equity Partner Sure Took A Hit
(DBN)

Want To Make (Equity) Partner? Good Luck With That
(DBN)

Bankruptcy Attorney David L. Gay Joins Carlton Fields in Miami
(DBN)

Lawyer who secretly changed origination credits to his benefit should be suspended, ethics panel says
(DBN)

Gifts For The Law School Grad In Your Life
(DBN)

Father Sues Son For Using His Own Name — This Is Why People Hate Lawyers
(DBN)

Law Student Dies On The Way To Study For Last Final Exam Of The Semester
(DBN)

Kim Kardashian Realizes That Being A Law Student Kind Of Sucks
(DBN)

Selecting Your ‘cc’s’
(DBN)

Meet ‘Fenni,’ Fenwick & West’s Digital Assistant
(DBN)

Democrats Prepare to Hold William Barr in Contempt Democrats to Barr: Turn Over Full Mueller Report by Monday or Face Contempt House Judiciary to begin contempt proceedings against Bill Barr this week DOJ requests meeting with House Judiciary to hold off Barr contempt proceedings The Barr hearing was much ado about nothing Turnabout: Barr deploys Holder defense to stymie Democrats in Congress If William Barr continues to defy subpoenas, Watergate offers House Democrats several options DOJ Moves to Fend Off Barr Contempt Vote Contempt of Congress and AG William Barr
(DBN)

375 former prosecutors say Trump would be indicted if he weren't president Hundreds of ex-prosecutors say Trump would be charged with obstruction if he wasn’t president ‘Multiple Felony Charges’: Ex-Federal Prosecutors Call Out Trump’s Conduct 'Hung jury': Public remains divided over Mueller probe in new NBC/WSJ poll Big Law Partners Among Ex-Prosecutors Saying Trump Merits 'Multiple Felony Charges' Mueller's conclusion was a dereliction of his duty Mueller should testify before Congress New Version of Mueller Report Released
(DBN)

Mnuchin rejects Democrats' demand to hand over Trump's tax returns, all but ensuring legal battle Why Is Trump Hiding His Tax Returns?
(DBN)

Michael Cohen Will Serve His Three-Year Prison Sentence in Otisville, One of America's '10 Cushiest Prisons' Ex-Trump lawyer Michael Cohen arrives at prison Ex-lawyer Cohen reports to prison, blasts Trump for 'injustice and lies'
(DBN)

Federal Prosecutors Doubt Avenatti Needs Public Defender
(DBN)

Two New Tent Cities at Border Operate as 'Band-Aid' for Surge of Migrants Cartels thrive in New Mexico county after feds shut down checkpoints
(DBN)

San Francisco, Oakland could be first cities in nation to ban facial recognition
(DBN)

The Kentucky Derby Decision Might Avert Disaster Kentucky Derby decision was bad; Country House never had chance of winning Inside strangest 22 minutes in Kentucky Derby history Owner says Maximum Security won't run in Preakness, calls Churchill Downs 'a greedy organization' Kentucky Derby Decision to be Appealed
(DBN)

Trump pardons former soldier who was convicted of murdering Iraqi prisoner
(DBN)

Trump announces intent to allow military academy athletes to go pro and serve later
(DBN)

Do soldiers face double jeopardy in military courts?
(DBN)

Fight to repeal marital rape exception succeeds in this state because of 1 woman’s efforts
(DBN)

Lawyers Are Gearing Up For Lawsuits Over Asteroid Strike… Seriously
(DBN)

Amazon fired these 7 pregnant workers. Then came the lawsuits
(DBN)

Michigan city wants court to rethink ruling on constitutionality of tire-chalking
(DBN)

Banning attorney suspended over allegations in three bankruptcy matters, trust account issues
(DBN)

Once Defiant, All Four White Supremacists Charged in Charlottesville Violence Plead Guilty
(DBN)

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Judges:

U.S. Bankruptcy Judge Patrick M. Flatley Honored by West Virginia Bar Foundation
(DBN)

It Is Time To Extend The Duty Of Tech Competence To Judges
(DBN)

Trump Appeals Pick Bianco Set for Confirmation Vote
(DBN)

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Wall Street:

Stock futures lower as US reiterates threat to raise tariffs on China
(DBN)

Stocks tumble from records after Trump threatens to slam new tariffs on hundreds of billions of dollars of Chinese goods Dow makes stunning comeback, recovering nearly all of 471-point plunge on hope trade deal not dead
(DBN)

Wall Street thinks these stocks are most vulnerable in a full-blown trade war
(DBN)

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Layoffs:

Automation could wipe out almost half of all jobs in 20 years, warns OECD
(DBN)

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Politics:

She Dominates The Democrats' Issues Debate, But When Does Warren Have Her "Moment"? Warren reshaped popular view of the middle class. But some see an angle
(DBN)

Democrats define electability in their own terms
(DBN)

Is democracy essential? Millennials increasingly aren't sure — and that should concern us all
(DBN)

Federal court strikes down map of Ohio congressional districts for ‘invidious partisan intent’
(DBN)

Trump Says Russia Isn't Involved in Venezuela, Contradicting His Officials Russian military specialists are already in Venezuela, and Moscow could send more of them, Venezuela says Iran Defends Venezuela as U.S. Warns 'All Options' Are on the Table
(DBN)

Trump hits all-time high approval rating in Gallup poll
(DBN)

She Got $26M for Trump's Inauguration
(DBN)

Trump: 2 years of my term were ‘stollen’ With a single typo, Trump turns a German holiday bread into a Twitter star Trump's retweet sets off furor over idea of bonus time in office Nancy Pelosi is worried Trump won't give up power in 2020. He just underscored why.
(DBN)

Fact-Checking the President in Real Time
(DBN)

Pete Buttigieg is trying to overcome terrible poll numbers among minorities and win over black voters in the South
(DBN)

Bernie Sanders Decides to Play Rough This Time The New Hampshire primary will make or break Bernie Sanders
(DBN)

Here Comes Bill de Blasio for Some Reason
(DBN)

Joe Biden just delivered a show of force in a key early voting state Some Look at Joe Biden’s Campaign and See Hillary Clinton’s Biden's son under scrutiny for helping China spy on Muslims Joe Biden evoked Jim Crow when discussing current voting laws; he's not wrong
(DBN)

The Coming Generation War
(DBN)

Democrats' impeachment fever wanes in early 2020 states
(DBN)

Tech's trouble with Trump's tweets
(DBN)

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Fishing:

Trustee: Asian buyer likely in China Fishery sale
(DBN)

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Pensions:

Valuation and Reporting Requirements for Insolvent Multiemployer Plans Amended
(DBN)

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Radio:

iHeartMedia Emerges From Chapter 11
(DBN)

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Marijuana:

The Giant Cannabis Problem No One Saw Coming
(DBN)

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Economy:

Fed says risky debt issuance to business sector has picked up
(DBN)

Fed's Kaplan: Risky Debt Could Be Burden on Economy in a Downturn
(DBN)

Even billionaires are acknowledging that the system that created their crazy amount of wealth is unsustainable
(DBN)

How To Solve America's $100 Trillion Problem Of Wealth Inequality
(DBN)

CBO Trims Ten Year Deficit Projections
(DBN)

Trump is Wrong on Tariffs and Who Pays Trump just turned up the heat in his trade battle with Beijing. There are 4 major implications for China Trump administration accuses Chinese officials of reneging on earlier commitments in trade talks Chinese delegation will come to the US for trade talks after Trump tariff threat Trump's threatened China tariffs deepen GOP rift over trade Trump reignites the China trade war — here’s how we got here New tariffs would make the US one of the most protectionist countries in the world 11 mind-blowing facts about China's economy Automakers face 'material and negative ramifications' over the escalating US-China trade war Trump's trade-war escalation is a 'major concern' for chipmakers AMD and Nvidia Trump's shock tariff threat escalating the US-China trade war leads to a 'risk off frenzy' in global markets After latest trade threats, Chinese see Trump as a Marvel villain out to destroy them Here’s why the stock market isn’t crashing and is making a comeback after Trump’s trade threat The Trump trade tweets that sent the stock market tumbling, explained 'Fasten your seatbelt and don't hold your breath': Wall Street scrambles to figure out what's next for stocks after Trump sends shockwaves through markets Congress Should Take Back Tariff Authority
(DBN)

Millennials are changing what it means to be a business owner. Here’s how they compare to other generations.
(DBN)

Nearly half of Americans earning $100,000 or more think they're middle class — and it shows that class in America isn't just about money
(DBN)

Charlie Munger: Be afraid when a democracy thinks it can print money to solve all its problems
(DBN)

OMG, You Guyz, Larry Kudlow Did A Meme
(DBN)

Universal basic income doesn’t work. Let’s boost the public realm instead
(DBN)

US to allow 30,000 more visas for seasonal workers, including Trump's Mar-a-Lago
(DBN)

Congress May Tax Driving by the Mile
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

Black Knight Mortgage Monitor for March: National Delinquency Rate Nearing Record Low
(DBN)

Bankrupt site in Manhattan heads for the auction block
(DBN)

Update: Framing Lumber Prices Down 35% Year-over-year
(DBN)

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Municipalities:

Ouch. (Puerto Rico Edition)
(DBN)

Puerto Rico oversight board gets 60-day court extension for reappointments
(DBN)

Trump Slams Puerto Rico Again
(DBN)

Alex Cora shouldn’t snub Trump over Puerto Rico’s woes
(DBN)

Puerto Rico fiscal board director concerned about members’ permanency
(DBN)

'The colony within the colony': Puerto Rico fumes as FEMA deliberates over remote hospital
(DBN)

Second Puerto Rico debt restructuring struck with PREPA bondholders Puerto Rico reaches deal that is Crucial with Electricity Business bondholders
(DBN)

Report: Illinois Local Governments Face ‘Service Insolvency’ Over Pension Funding
(DBN)

Detroit’s LED streetlights going dark after a few years
(DBN)

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Oil/Gas:

E&P energy cos. to combine after both emerged from bankruptcy in recent years
(DBN)

Abundance of rigs slows down recovery of drilling market
(DBN)

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Aviation:

Lion Air Crash: Instrument Failed on Final Four Flights Everything you need to know about the Boeing 737 MAX crashes
(DBN)

Why Boeing Didn't Tell Airlines the Truth
(DBN)

Harrowing video shows rough landing that may have caused the deadly Russia airline to explode Overweight survivor of Russian plane inferno 'blocked others from escaping' as hero stewardess pushed people out of jet
(DBN)

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Retailing:

Lands’ End severing its links with Sears
(DBN)

Why Amazon Is Gobbling Up Failed Malls
(DBN)

11 'Amazon-proof' businesses that are defying the retail apocalypse
(DBN)

Dead Malls, Reborn Cities
(DBN)

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Marijuana:

US Court of Appeals backs bankruptcy filing for landlord of WA marijuana grow
(DBN)

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Media:

Far-Right News Site GotNews Has Filed a Chapter 7 Bankruptcy Petition
(DBN)

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Metals:

Southeastern Metal Products Files In DE - First Day Dec
(DBN)

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Fraud:

Bernard Madoff's wife Ruth settles with court-appointed trustee
(DBN)

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Music:

PledgeMusic Nearing Bankruptcy, Although Sale Talks Continue
(DBN)

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Mass Torts:

USA Gymnastics' Li Li Leung Discusses Future Of Organization 8 questions with Li Li Leung, the new CEO trying to save USA Gymnastics from itself
(DBN)

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Pharma:

Former Opioid Company Executives Convicted In Federal Court
(DBN)

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Taxis:

Strike by Uber and Lyft drivers Wednesday has potential to disrupt travel for thousands
(DBN)

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Education:

Betsy DeVos offers a defense of her free-market approach to public education
(DBN)

10 Worst States for Education
(DBN)

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Environmental:

Legal challenge still pending in Avoca contamination suit
(DBN)

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Telecoms:

Debt-laden Altice pays heavy price for new debt deal
(DBN)

Windstream Partners Unhappy with ‘Intimidating’ Agreement Notices
(DBN)

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Football:

It Is Chapter 8 Of A Seven Chapter Book About The AAF
(DBN)

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Lehman:

Lehman nears departure of London office
(DBN)

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New Bankruptcy Opinions
(5 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (72 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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Bankruptcy Statistics:

New Hampshire bankruptcy filings rose 10% in April
(DBN)

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Bankruptcy Reform:

The 20-year argument between Joe Biden and Elizabeth Warren over bankruptcy, explained
(DBN)

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Absolute Priority:

Absolute Priority Redux: First-Day Orders and Pre-Plan Settlements in Chapter 11 Post-Jevic
(DBN)

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Avoidance Actions:

New York District Court Finds That Tribune Qualifies as Financial Institution Under Bankruptcy Code Safe Harbor Provision
(DBN)

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Food/Beverage:

From your waitress to the head cook, here's how much everyone makes in a restaurant
(DBN)

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Corporate Reform:

Ruling On DOJ's Paul Weiss Outsourcing A Warning To Gov’t
(DBN)

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Autos:

‘Tesla dream’ is dead as investors face ‘Tesla reality’ David Einhorn calls Elon Musk’s Tesla promises ‘a lot of h--------’
(DBN)

Now Fiat-Chrysler wants $280M in taxpayer money for its Detroit plant
(DBN)

How GM suppliers are coping with Oshawa plant ending production
(DBN)

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Climate:

Nature declining at ‘unprecedented’ rate, UN study warns UN Extinction Report: Most Frightening Parts
(DBN)

Mississippi River Flooding Now Biblical Flooding wreaks havoc along Mississippi River trade route
(DBN)

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Healthcare:

Community Health picks up a bear, sees future bankruptcy
(DBN)

Hospital Acquisition and affiliates file in DE - First Day Dec
(DBN)

Astria Health files for bankruptcy; says it won't affect operations Yakima hospital facing significant financial challenges, Astria Health bankruptcy filings show Questions about Astria Health's bankruptcy filing and what it means for you? Read this Petition First Day Dec
(DBN)

A US$300 billion blowup has traders bracing for war in Washington
(DBN)

FactCheck: 1 out of 5 can't afford prescription drugs
(DBN)

Customer complaints show the rocky run up to $600 million health startup uBiome's FBI raid
(DBN)

The Internet Has a Cancer-Faking Problem
(DBN)

More young adults in the US are dying from heart failure, study finds
(DBN)

Ore. House OKs tough vaccine rules over vocal opposition
(DBN)

The Birth-Tissue Profiteers
(DBN)

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Agribusiness:

Proposed bill could provide family farm debt relief
(DBN)

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Coal:

Cloud Peak Energy Gets Short Reprieve Amid Bankruptcy Concerns
(DBN)

Businessman blames creditors for mine purchase failure
(DBN)

Alberta natural gas demand set to surge on wave of coal-fired plant closures
(DBN)

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UK:

Alert issued over contractors paying HMRC earlier if insolvent
(DBN)

Small landlords among the biggest losers of Debenhams CVA
(DBN)

Banks’ block formation of committee to help Patisserie creditors
(DBN)

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PIIGS:

Sean Dunne did not transfer assets to wife to evade creditors, US court told Dunne in US court, O’Flynn’s Kildare houses, and living abroad in retirement
(DBN)

Greece: Creditors set to insist on measures that boost growth
(DBN)

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Canada:

Canada’s insolvency anxiety rising
(DBN)

Connacher Oil and Gas Limited Announces Amended and Restated Support Agreement with Consenting First Lien Lenders and CCAA Plan of Compromise and Arrangement
(DBN)

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Venezuela:

Venezuela’s Juan Guaidó says he overestimated military support
(DBN)

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Israel:

Black Cube suspects Fishman hid assets worth €100m in Europe
(DBN)

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Australia:

Staff brace for cuts as UC College faces insolvency
(DBN)

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Russia:

Bankruptcy proceedings against ?4 Group extended for 6 months
(DBN)

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Brazil:

Avianca Brasil bankruptcy auction scheduled for Tuesday suspended
(DBN)

Brazil's president resurrects false claim that Nazism was a leftist movement
(DBN)

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India:

Govt to make it easier for homebuyers to clear builders' revival plans
(DBN)

Adherence to IBC timelines still a challenge, says Crisil report
(DBN)

The Frustrated Resolution Applicant
(DBN)

Jet Airways Lenders Not Considering New Revival Proposals, Say Sources
(DBN)

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MENA:

Bankruptcy and Insolvency Law likely this year in Oman
(DBN)

US: Clear Indication Iran Was About to Attack The Many Ways Iran Could Target the US
(DBN)

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China:

China greenlights second-hand car exports to boost sales
(DBN)

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Japan:

Finance Ministry raises red flag over modern monetary theory
(DBN)

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