November 18, 2019

The Daily Bankruptcy News

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Law:

Biglaw Bonus Announcement Delights With Earlier Payday Than Expected
(DBN)

Biglaw Bonus Blitz Continues With Big Bucks Announcement
(DBN)

Biglaw Bonus Season Continues With Another Am Law 50 Firm’s Announcement
(DBN)

Artificial Intelligence Issues Confronting the Legal Profession
(DBN)

Ethical Issues Related To Social Media
(DBN)

Enthusiasm Gap Persists Between Law Firms and In-House Counsel
(DBN)

Weil Snaps Up Akin Gump Bankruptcy Partner Weil to Add Restructuring Partner Neil Devaney in London
(DBN)

David Guess joins Greenberg Traurig
(DBN)

Former LeClairRyan attorney wins chance to collect gender discrimination damages
(DBN)

Pre-pack pioneer Jay Goffman to leave Skadden
(DBN)

Pryor Cashman Settles Ex-Associate's Age Bias Suit
(DBN)

Arnold & Porter Faces DOJ Probe Into Immigration Hiring Bias
(DBN)

The Biggest Mistake Lawyers Make in Their Approach to Networking
(DBN)

Pillsbury's Michael Kosnitzky Won't Apologize for Representing Billionaires
(DBN)

This Big-Law Veteran Hit Rock Bottom. Here’s How She Got Sober
(DBN)

Lawyer Wellness: The Elephant In The Room
(DBN)

Scalia Says Big Law is Unwilling to Defend Conservative Views
(DBN)

Burford Tries Lit Funding to Chip Away at Gender Inequity in Law
(DBN)

A few of the completely bizarre misconceptions and assumptions people have and make about in-house counsel
(DBN)

The Most Competitive Law School Students Of Them All
(DBN)

6 ways introverts can instantly become more likable without saying much
(DBN)

Roger Stone arrived with a Bible, left with a conviction Trump adviser Roger Stone is convicted for lying about WikiLeaks in congressional probe of Russian influence Trump forces offer president clashing advice on Roger Stone pardon
(DBN)

Here's everyone who has been charged and convicted in the Russia probe so far
(DBN)

Trump asks the Supreme Court to protect his financial records from Congress Trump returns to Supreme Court, asks justices to intervene in dispute over financial records President Trump’s taxes reach the Supreme Court Trump's Legal Arguments Against Releasing His Tax Returns in a Nutshell: Make Me a King
(DBN)

Attorney General Bill Barr's speech to the conservative Federalist Society is under scrutiny for its political tilt Some Call for Barr's Impeachment After Speech Attorney General Barr accuses Democrats of using oversight powers to try to cripple executive branch AG Barr Went After the Freedom of Information Act During Federalist Society Speech The Education of Billy Barr
(DBN)

Avenatti Seeks to Toss New Fraud Charge in Nike-Extortion Case
(DBN)

Donald Trump Jr. and George Conway get into a wild Twitter fight full of personal attacks George Conway Calls GOP Rep. Stefanik ‘Lying Trash,’ Urges Public to Donate to Her Dem Opponent
(DBN)

An 18-year-old is accused of directing synagogue attacks across the country under the name 'Operation Kristallnacht,' according to the FBI
(DBN)

Prince Andrew says he couldn't have had sex with a 17-year-old because he was at a Pizza Express on the day in question Prince Andrew says he has 'no recollection' of meeting an alleged Epstein abuse victim Prince Andrew's Epstein Interview: Disastrous, Excruciating Prince Andrew's Epstein interview roundly panned: 'nuclear explosion level bad' Prince Andrew Says Jeffrey Epstein's Home 'Was a Convenient Place to Stay'
(DBN)

Epstein jail guards had been offered plea deal, AP sources say
(DBN)

Planned Parenthood Awarded $2M+ in Case Against Undercover Anti-Abortion Activists
(DBN)

Judge rules woman who joined ISIS is not US citizen based on birthright citizenship exception
(DBN)

Former Nazi guard faces 5,230 counts of accessory to murder
(DBN)

Trump just overruled his top military officials in controversial war crimes pardons Military leaders are worried that Trump pardoning troops accused of war crimes will impair the justice system and undermine overseas bases Why Trump's pardon of two former Army officers has sparked new controversy
(DBN)

Lawyer didn’t lie to judge about grandfather’s death but fudged the date, letter reveals Troll Lawyer Shows Up In Court To Explain His ‘Dead Grandfather’ Excuse, Gets His ‘Fitness To Practice’ Questioned By The Judge
(DBN)

Why forbidding asylum seekers from working undermines the right to seek asylum Immigration jails in Trump era are packed, but deportations are fewer than in Obama's
(DBN)

Censure for Attorney Who Lied About Sex Offender Relationship
(DBN)

Lawyer acquitted of murder now represents his former co-defendant
(DBN)

D’Amato & Lynch Says Its Insurer Won't Cover Suit Over Misplaced $1 Million
(DBN)

Syracuse suspends activities after fraternity members yell n-word at black woman, school official says
(DBN)

AZ: Cop Tackles Kid with No Arms or Legs
(DBN)

Fresno mass shooting: What we know so far Fresno: 10 Shot, 4 Dead at NFL Watch Party
(DBN)

Police find 26 children behind false wall at Colorado day care
(DBN)

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Judges:

Oregon restricts U.S. immigration agents from making arrests in state’s courthouses, but ICE vows to march on
(DBN)

Kavanaugh jokes about ‘SNL’ parody of him in first major speech since confirmation
(DBN)

Brett Kavanaugh Critiques Food Options On Supreme Court Cafeteria Menu
(DBN)

Kavanaugh, Amid Protests, Offers 'Gratitude' at Federalist Society
(DBN)

‘Bad Writing Does Not Normally Warrant Sanctions, But We Draw The Line At Gibberish’
(DBN)

Trump’s Exaggerated Judicial Boasts
(DBN)

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Wall Street:

Dow futures point to higher open, building on Friday’s record close
(DBN)

US stocks surge to another record high as S&P 500 posts longest streak of weekly gains in 2 years Dow jumps more than 200 points to 28,000, posts 4-week winning streak
(DBN)

Democratic billionaire Marc Lasry says stock market would fall 20%-30% if Warren wins presidency
(DBN)

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Layoffs:

From 'Jeopardy' to poker to reading comprehension, robots have managed to beat humans in all of these contests in the past decade
(DBN)

WeWork is reportedly planning to layoff at least 4,000 people as part of a major restructure
(DBN)

Kohler To Lay Off 90 In Engines Division
(DBN)

U.S. marijuana retailer MedMen to slash staff, sell off assets
(DBN)

Asurion lays off hundreds of employees
(DBN)

184 to be laid off from Gibson County mine
(DBN)

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Politics:

Buttigieg with 9-point lead in new Iowa poll Pete Buttigieg soars to first place in a new Iowa poll, leaving Biden, Warren, and Sanders in dead heat Buttigieg to face frontrunner scrutiny after surprise Iowa poll
(DBN)

Obama warns Democrats against going too far left: ‘We have to be rooted in reality’ Democrats should listen to Obama
(DBN)

Bernie Sanders and Elizabeth Warren are the 2020 progressive standard-bearers. Here's where they disagree on policy
(DBN)

'Barbarians' go to war with Warren U.S. investment ‘vampires’ face double hit from Elizabeth Warren
(DBN)

How Elizabeth Warren Got to ‘Yes’ on Medicare for All Warren's path to Medicare for All is rocky How Elizabeth Warren Misread the Politics of Health Care
(DBN)

The top 13 Democratic presidential candidates of 2020, ranked and tiered
(DBN)

A Denver talk radio host was fired mid-show after he criticized Trump on air
(DBN)

John Bel Edwards was narrowly re-elected as governor of Louisiana. He's not a typical Democrat Trump's fading superpower on display in Louisiana governor loss
(DBN)

Backstory of Zelensky plan to announce probes on CNN
(DBN)

Bloomberg apologizes for controversial "stop-and-frisk" policing practices
(DBN)

Pelosi: Responding to what Republicans say on impeachment is a "waste of time" Nancy Pelosi invites Trump to testify in the impeachment inquiry and 'speak all the truth that he wants' White House insiders, including a Mike Pence aide, are testifying that Trump's Ukraine interactions seemed 'inappropriate' and 'irregular' State Department official confirms Trump asked Sondland about Ukraine investigation GOP Rep. Chris Stewart says State Department should comply with subpoena Sen. Chris Murphy says Ukraine won't admit pressure because of reliance on U.S. House Republicans seek Ron Johnson's Ukraine account in impeachment inquiry Rep. Steve Scalise calls White House officials "Schiff's witnesses" Official testifies Bolton held 1-on-1 meeting with Trump about Ukraine aid 'Sondland told Trump that Zelensky 'loves your ass'': Official who overheard a call between Trump and a US ambassador testifies Trump asked about Ukraine investigations FactCheck: Everywhere Marie Yovanovitch went turned bad," including Somalia and Ukraine Marie Yovanovitch gave powerful and incriminating testimony in the Trump impeachment hearing. Here are the biggest takeaways That Time The President Of United States Engaged In Witness Intimidation During Said Witness’s Testimony Marie Yovanovitch was met with resounding applause and cheers after testifying for almost 7 hours in Trump's impeachment inquiry "SNL" cold open reimagines impeachment hearings as a soap opera First casualty of impeachment war Fox News and CNN covered the impeachment hearings very differently. Here are some of the biggest divergences The number of Americans watching Trump's impeachment hearings on TV pales in comparison to Nixon, and some are worried it could spell trouble for the Democrats Presidents can be impeached for almost anything. These are the alleged crimes that could lead to Trump's impeachment Pelosi says Trump’s actions are worse than Richard Nixon’s and suggests he should resign Who's scheduled to publicly testify next in Trump's impeachment hearings Trump attacks Pence aide as 'Never Trumper' after she said Ukraine call was inappropriate Democrats invite President Trump to testify in impeachment inquiry Sen. Ron Johnson says whistleblower's sources 'exposed things that didn't need to be exposed' Trump’s impeachment ire turns on Pompeo amid diplomats’ starring roles Sondland emails show he briefed Trump admin officials on Ukraine White House plans counterprogramming to distract from impeachment hearings Professor Who Predicted Last 9 Elections Says Donald Trump Impeachment is 'Inevitable' With impeachment, America’s epistemic crisis has arrived
(DBN)

Waiters circled as diplomat discussed sensitive info with Trump Ambassador Sondland, a key player in the impeachment inquiry, flaunted access to Trump on a loud call in a Ukrainian restaurant, officials allege ahead of his testimony
(DBN)

Barr Suggests Impeachment Inquiry Undermines Voters’ Intent
(DBN)

Trump bashed Fox News' Chris Wallace, saying he'd 'never be his father,' after Steve Scalise's contentious interview Wallace Tells Scalise He's Not Telling It Right
(DBN)

Taylor Swift crashes 2020 race with private equity broadside Alexandria Ocasio-Cortez weighs in on the Taylor Swift music feud and takes aim at private equity firms
(DBN)

South Korea agreed to pay $70 million more to host US troops this year — now Trump wants them to pay billions more
(DBN)

Meet Stephen Miller, the 34-year-old White House adviser who's being called to resign after leaked emails showed him sharing white supremacist links
(DBN)

Email shows Trump’s property not among original G-7 sites
(DBN)

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Economy:

GM's 40-day strike drives the biggest drop in US factory output since April Industrial Production Decreased in October
(DBN)

NY Fed: Manufacturing "Business activity was little changed in New York State"
(DBN)

Q4 GDP Forecasts: 0.3% to 1.5% Economic growth is close to zero for the fourth quarter, according to Fed gauges
(DBN)

It’s great the stock market is setting records, but it’s not because the economy is great
(DBN)

Here’s the price to be paid for listening to ‘Armageddonist’ predictions from the likes of Soros, Icahn and Gundlach
(DBN)

Fed cautions about debt, liquidity issues, but says system is otherwise stable
(DBN)

Trump says Democrats want a 'nice, big, juicy recession'
(DBN)

The US Dollar May be Doomed
(DBN)

While you weren't looking the trade war with China went completely off the rails Wall Street keeps embarrassing itself every time Trump talks about China The White House is sharply divided over proposal to remove some China tariffs, report says Trump isn’t ready to sign China deal, White House advisers say The threat of a U.S.-China "tech Cold War"
(DBN)

Pelosi gives Trump fresh optimism on trade deal
(DBN)

Why Trump is Bad for Business
(DBN)

More married baby boomers combine finances than any generation after them, and it speaks to one of the ways money and marriage are changing
(DBN)

Here's the income you need to live comfortably in every state in the US
(DBN)

California is attempting a massive labor experiment that could grow into a disaster for millions of workers
(DBN)

Here's why Europe has mostly ditched wealth taxes over the last 25 years — even as Elizabeth Warren and Bernie Sanders seek them for the US
(DBN)

Retirement becomes more myth than reality
(DBN)

8 life events millennials are putting off longer than their parents because they can't afford it
(DBN)

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

The future of capitalism is a crucial issue in 2020. The debate isn't simple.
(DBN)

War on Terror: $6.4 Trillion, 801,000 Killed
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

 

Kushner Cos.’ Times Square Loan Heads for Workout Amid Rent Woes Kushner Cos needs loan workout as Times Square tenants tank
(DBN)

I spent 2 nights in a tiny house and it was basically the same as my New York City apartment, but with more windows and fewer stairs — here's how they compare
(DBN)

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Municipalities:

Unfunded From The Start: More Early History Of The Chicago Teachers’ Pension Fund
(DBN)

13 mind-blowing facts that show just how expensive New York City really is
(DBN)

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Oil/Gas:

U.S. Shale Growth To Flatline Within 2 Years
(DBN)

The Five Biggest Enemies Of Oil & Gas
(DBN)

MDC Energy Strikes Funding Deal As Ch. 11 Battle Brews
(DBN)

Inside Volkswagen’s plan to finally bring affordable electric cars to the masses
(DBN)

McDermott stock remains stuck below $1 per share
(DBN)

Fires and floods make Saudi Aramco IPO a hard sell
(DBN)

Apple is now worth more than the entire US energy sector
(DBN)

All Eyes On OPEC As Another Oil Glut Looms
(DBN)

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Biofuels:

The Trouble with Biofuels
(DBN)

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Pharma:

Oklahoma judge lowers Johnson & Johnson's opioid payout
(DBN)

Wallingford opioid lawsuit going forward despite Purdue bankruptcy
(DBN)

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Aviation:

Boeing is pressuring the FAA to clear the 737 Max to fly sooner, even as some airline staff beg not to be put back on it
(DBN)

United extends grounding of 737 Max fleet to early March
(DBN)

FAA may overhaul plane-certification process in wake of 737 Max crashes
(DBN)

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Autos:

Settlement approved in bankruptcy court Tuesday between Reagor Dykes, First Bank & Trust
(DBN)

California bans government purchases of most gas-powered cars under Newsom climate order
(DBN)

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Celebs:

Jon Gosselin Says He Bankrupted Himself Divorcing Kate
(DBN)

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Television:

As Cord Cutting Grows Frontier Communications May Soon Go Into Bankruptcy Frontier Communications May Be Forced to Declare Bankruptcy
(DBN)

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Food/Beverage:

Newspaper: Bumble Bee prepares to file bankruptcy, put itself up for sale
(DBN)

Boston: Popular Bakery Chain Filed for Bankruptcy Months Before Abruptly Closing
(DBN)

KC: Bankruptcy is tough to swallow for local restaurateurs
(DBN)

Filings detail Houlihan's path to bankruptcy court
(DBN)

Fertitta offers to snap up another bankrupt restaurant chain
(DBN)

A Farewell to Dairy Queens
(DBN)

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Banking:

FBI tried to warn BofA against ill-fated buyout
(DBN)

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Crypto:

Investigating the Financial Affairs of a Debtor Who Has Cryptocurrency
(DBN)

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Firearms:

Sandy Hook lawsuit could force Remington to open books
(DBN)

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Healthcare:

As hospitals and physicians continue to disappear from rural America at record rates, here is the latest attempt to fill a widening void
(DBN)

Astria Health tells bankruptcy judge it's on track, despite challenges
(DBN)

Town approves loan so Massena hospital workers can get paid
(DBN)

Hahnemann, services provider in dispute over $200,000 bill
(DBN)

More older Americans rely on Medicare and Medicaid
(DBN)

Health economist addresses the cost of cancer
(DBN)

A major Obamacare provision has saved thousands of lives — and the states that still haven't signed on are making a huge mistake
(DBN)

Trump administration releases health care transparency rules Hospitals vow to take Trump to court
(DBN)

Elizabeth Warren releases plan pledging to begin Medicare for All transition within first 100 days in office
(DBN)

Operator of defunct Orange County chain of drug rehab centers indicted for fraud
(DBN)

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Coal:

Blackjewel bankruptcy case far from over
(DBN)

Coming Soon To Drinking Water Near You: Coal Ash Comeback
(DBN)

FBR Analyst Lucas Pipes: A Chapter 11 bankruptcy filing appears increasingly likely for Foresight Energy LP.
(DBN)

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E-Cigarettes:

Trump pulls back from ban on e-cigarette flavors Report: Trump in flavored e-cigarette ban backflip
(DBN)

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Corporate Governance:

California's "women quota" in boardrooms faces pushback
(DBN)

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Climate:

Why the hottest global warming battle is in the courtroom
(DBN)

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Auto Racing:

Bondurant bankruptcy fueled by charges, countercharges
(DBN)

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Religion:

Here come the diocese ‘bankruptcies’: How New Yorkers seeking justice under the Child Victims Act should approach new pleas of poverty
(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 (24 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (14 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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Plan Confirmation:

Chapter 11 Plan Support Agreements: Greasing the Wheels for Confirmation Success
(DBN)

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Cross-Border:

Enforcement of an Insolvency-Related Judgment Does Not Require Recognition under Chapter 15
(DBN)

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Avoidance Actions:

First Circuit Allows Bankruptcy Trustee to Recover College Tuition Payments
(DBN)

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Miscellaneous:

Rochelle
(DBN)

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Student Debt:

Sympathy for the Debtor? Not When It Comes to Student Loans
(DBN)

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Retailing:

What Small Brands Can Learn From The Barneys New York Bankruptcy
(DBN)

Can Nordstrom's New NYC Store Fill the Vacuum Left by Barneys' Bankruptcy?
(DBN)

Old Navy was once Gap's crown jewel, but a series of fashion misses and growing competition have caused it to stumble
(DBN)

Retail Sales increased 0.3% in October
(DBN)

JC Penney CEO rolls out ‘sound’ strategies, but there’s only so much time to turn around sales
(DBN)

Sally Beauty downgraded on concerns about store traffic
(DBN)

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Personal Finance:

Supporting your adult children can ruin your retirement plans
(DBN)

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Autos:

The 40-day GM strike cost the automaker nearly $3 billion — and BAML says Fiat Chrysler is most at risk of a future walkout
(DBN)

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Agribusiness:

Some Farmers Will be Forced to Sell Assets
(DBN)

Third-quarter farm incomes fell in central U.S. despite Trump trade aid
(DBN)

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Cannabis:

Legal Weed Prices Are Sinking…Bruh
(DBN)

All the excuses cannabis companies are making for an ugly crop of earnings
(DBN)

Joe Biden on legalizing marijuana: Let’s figure out if it’s a gateway drug first Biden: There's no proof marijuana isn't a gateway drug
(DBN)

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Fraud:

Ailing ex-telecom executive Ebbers seeks release from prison
(DBN)

US Charges Another JP Morgan Exec With Market Manipulation
(DBN)

Lori Loughlin 'concerned' by hefty sentence for parent who pled guilty in college admissions scandal
(DBN)

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Tax:

How FedEx Cut Its Tax Bill to Zero
(DBN)

Congresswomen to introduce bill increasing capital gains tax, doubling top individual tax rate
(DBN)

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Utilities:

Regulators are not considering PG&E co-op idea in bankruptcy review — yet
(DBN)

Mayors’ ambitious plan for PG&E fix would put California on uncharted electricity path
(DBN)

California’s Sonoma wine country reckons with wildfire damage to tourism economy
(DBN)

Utility’s boss to testify about power shutoffs in California
(DBN)

Winds Raise Fire Threat, May Cause Power Cuts Across California PG&E Warns of Potential Shut Off for Up to 180,000 Customers on Wednesday Dry Winds Raise Critical Fire Threat Across Southern California
(DBN)

Thousands Could Be Impacted by PG&E's Upcoming Potential Power Cuts
(DBN)

What the battle over control of PG&E means for US utility customers
(DBN)

PG&E Executives Won't Get Bonuses Under Federal Bill by Kamala Harris
(DBN)

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Private Equity:

The Rigged Game of Private Equity
(DBN)

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Apparel:

Under Armour CEO Kevin Plank says it’s ‘disappointing’ to have the retailer’s ‘integrity and reputation called into question’
(DBN)

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Education:

When charter schools fail, children go down with them State Charter School Board places St. George Academy on probation
(DBN)

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UK:

Tayyibah Arif Named Young Turnaround Professional of the Year by TMA UK in 2019
(DBN)

The 5 biggest general election gaffes made by Boris Johnson's Conservatives and Jeremy Corbyn's Labour so far
(DBN)

The report that Boris Johnson is refusing to publish says it cannot rule out Russian interference in the Brexit referendum
(DBN)

Katie Hopkins' vile post about debt comes back to haunt her as she's forced to sell £1m family home Katie Hopkins swerves bankruptcy after losing libel case and now lives in a rented house
(DBN)

Britons furious as Corbyn vows free dental checks 'ridiculous promises will bankrupt UK!'
(DBN)

PizzaExpress Owner Keeps Lenders Waiting For Crucial Debt Talks
(DBN)

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PIIGS:

IMF More Pessimistic on Greece’s Growth Prospects and Debt Path
(DBN)

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EU:

Passengers’ compensation fund for bankrupt airlines ‘would cost 25 cents’
(DBN)

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Canada:

Edmonton insolvencies up 23 per cent in last year: Report
(DBN)

Rising Insolvency Readings Raise Red Flags in Canada. Sort Of
(DBN)

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Hong Kong:

Days-long protests paralyze Hong Kong: What you need to know
(DBN)

Hong Kong police move on university campus, begin mass arrests Hong Kong protesters make last stand as police close in on besieged university
(DBN)

Can Hong Kong’s Courts Save the City? Hong Kong's mask ban is unconstitutional, court rules
(DBN)

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MENA:

UAE Cabinet approves federal law concerning insolvency of natural persons Financial experts welcome insolvency law for individuals How the UAE's new insolvency law will help residents in chronic debt
(DBN)

Lebanese Tycoon Pulls Candidacy for Premier as S&P Raises Alarm Lebanon’s Divide Flares Anew With Tycoon’s Pick for Premier
(DBN)

Lebanon Bond Sell-Off Eclipses Argentina as Unrest Flares Up
(DBN)

Pakistan Stares At Bankruptcy: Prices Of 43 Daily Used Items Hiked
(DBN)

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India:

Now, Personal guarantors of corporate debtors to come under IBC regime from December 1
(DBN)

Arcelor’s $5.9 Billion Purchase to Aid India Bad Loan Clean Up
(DBN)

Why the Essar judgment has scored a win above all for common sense
(DBN)

New IBC rules to cover financial service providers
(DBN)

Vodafone India Unit Pleads for Relief After $7 Billion Loss
(DBN)

Wind power producers sever ties with bankrupt Senvion
(DBN)

RBI turns down banks' plea to relax June 7 circular on stressed assets
(DBN)

How funds are boosting legal firepower in India
(DBN)

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Kenya:

Debt-laden Kenya draws up new policy to curb its borrowing
(DBN)

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Argentina:

Argentina President-Elect Fernandez Says He Won’t Rush Debt Deal
(DBN)

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China:

Leaked China Files on Mass Muslim Detentions
(DBN)

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