April 17, 2017

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Heller Ehrman Ruling Shows Perils for 'In-Between' Partners
(DBN)

K&L Gates must face revived fraud suit, Second Circuit says Second Circuit Revives Fraud Suit Against K&L Gates, Ex-Partners The Opinion
(DBN)

Big law firms fail to please clients on business acumen
(DBN)

Law Firm Partner Rate Gap Widens, Consolidation Increases
(DBN)

Positioning Yourself For Partnership
(DBN)

Can Women Lawyers Ever Find Equality In Biglaw?
(DBN)

Kerrie Campbell asks judge to halt Chadbourne expulsion vote
(DBN)

Big Law Bends to Challenge Midsize Firms on Flexibility
(DBN)

Six partners to leave Freshfields this month as part of finance restructuring
(DBN)

Are Big Law Associates Less Concerned With Diversity Than Their Partners?
(DBN)

The American Bar Association Is Cracking Down on Bad Law Schools
(DBN)

Ciber, Med Dev Bankruptcies Leave Trail of Big Law Creditors
(DBN)

Think Long-Term In Your Cases
(DBN)

Smith Gambrell's 2016 Growth Extends Into 2017
(DBN)

Former Berkeley Law Dean Choudhry settles lawsuits with Berkeley and with secretary UC-Berkeley, Former Law School Dean Settle All Litigation Over Alleged Sexual Harassment; Sujit Choudhry Agrees To Pay $100,000, Resign From Tenured Faculty In Spring 2018
(DBN)

Trump Company Faces $400k in Legal Fees to Fight $32K Lien
(DBN)

Trump's crackdown on 'sanctuary cities' is creating a chasm among police
(DBN)

How To Stop Treating Conversation Like Cross-Examination
(DBN)

Aaron Hernandez Acquitted of Drive-By Killings Aaron Hernandez Jury Foreperson Speaks Out About the Verdict
(DBN)

Lawsuit says email from Eli Manning incriminates him in memorabilia case Giants defend Eli Manning amid claim of false memorabilia
(DBN)

Two pharma companies file to stop Arkansas from using their drugs to execute seven inmates
(DBN)

Jesus Had A Terrible Public Defender
(DBN)

Speaking Of The Laws Of Ancient Rome…
(DBN)

From Filing Briefs To Fine Art — Painting Isn’t All That Different From Practicing Law
(DBN)

Why Trump’s Lawyer Was Sued Over $350,000 He Says He Doesn’t Remember Cashing
(DBN)

Judge delays fraud trial of former Sutherland partner to determine competency
(DBN)

Law Deans call for investigation of California Bar Exam passing score
(DBN)

Multistate Bar Exam Scores Drop to Lowest Point Ever; Is There a Link to Low-end LSAT Scores?
(DBN)

Montana legislature says ABA model rule on discrimination and harassment violates First Amendment
(DBN)

A MoFo atty recounts a courtroom scuffle that left a tax collector gasping for air in My Strangest Day in Court
(DBN)

Is William & Connolly’s Bob Barnett Superman or Zelig?
(DBN)

Living In A Solo World
(DBN)

Legal pitfalls of social media in a luxury world
(DBN)

Court: Detention of woman during moon rock sting 'degrading'
(DBN)

Domestic violence victims are being evicted for calling 911 in a growing number of US cities
(DBN)

Deputies Say Woman Walked in on Burglar Cooking Her Chicken, Drinking Her Vodka
(DBN)

Secret Service Reportedly Investigating Professor Who Wrote ‘Trump Must Hang’
(DBN)

District Attorney Says He’ll Jail R--- Victims to Make Them Testify
(DBN)

Lunch Lady Fired After Giving Free Food to Kids Who Couldn’t Afford Full Meal
(DBN)

7 Words That Make You Sound Less Confident in Emails
(DBN)

Why No One Cares That You Work Really Late
(DBN)

The United Airlines Fiasco Should Lead to Better Pay for Jurors
(DBN)

6 Clients You May Not Have Known Bill O’Reilly’s Lawyer Has Represented
(DBN)

Manhunt for Cleveland man accused of broadcasting murder on Facebook
(DBN)

Georgia just made it a lot harder to make money on people ensnared in the criminal justice system
(DBN)

'Afluenza Kid' Loses Appeal of Sentence
(DBN)

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Judges:

With Trump pick aboard, top U.S. court tackles religious rights
(DBN)

Judge testifies that San Antonio DA threatened defense lawyers in her chambers
(DBN)

Below the Surface of the Gorsuch Confirmation Hearings Justice Gorsuch Should Take Inspiration From John Adams For Neil Gorsuch, Supreme Court job may seem subordinate Will Supreme Court Justice Neil Gorsuch recuse himself on his first day on the job? Justice Gorsuch can forget about ethics code for court now Justice Gorsuch is no Antonin Scalia
(DBN)

Is the Supreme Court acting less like a court?
(DBN)

The Conservative Pipeline to the Supreme Court
(DBN)

A civility award for the Supreme Court's odd couple
(DBN)

Judge delivers sassy burn to DOJ in Washington travel ban case
(DBN)

Federal judge was diagnosed with brain disorder caused by alcohol abuse, court filing says
(DBN)

US judge says her alcoholism didn't affect case resolutions
(DBN)

Judges' Deaths Highlight Vulnerability in Judicial Security
(DBN)

Who Will President Trump Nominate To The Circuit And District Courts?
(DBN)

Snarky judge in former JPMorgan executive case not going anywhere
(DBN)

Mystery and Melancholy Surround Death of Judge Found in the Hudson The female Muslim judge found deceased in Hudson River was a relentless advocate for the poor NY Judge's Suspected Suicide Shines Light on Silent Struggle Judges 'Afraid' of Seeking Help for Mental Health Issues
(DBN)

Man allowed to bring cat into courtroom with him avoids prison for stalking DLA Piper lawyer
(DBN)

Outrage as judge describes r--ist Mormon bishop as 'an extraordinarily good man'
(DBN)

Supreme Court action to show Donald Trump’s impact
(DBN)

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Wall Street:

Stocks eye political tensions before Monday open
(DBN)

US stocks close lower for third time in 3 days
(DBN)

The ‘Trump bump’ has turned to a ‘Trump thump’
(DBN)

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Layoffs:

Trump can start cutting the federal workforce right now
(DBN)

Group home provider closing; 200 lose jobs
(DBN)

Martin's Food Markets to lay off 487 workers
(DBN)

Groupon cuts about 100 jobs
(DBN)

Crestview aerospace firm lays off 130 employees
(DBN)

Evant laying off nearly 200
(DBN)

Henderson's Methodist Hospital lays off more than 60
(DBN)

HHGregg to lay off 268 corporate workers
(DBN)

NY school bus company to lay off 238 workers by end of June
(DBN)

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Travel:

A deal with the dragged passenger is likely United's best bet United Passenger Suffered Concussion, Broken Nose, Lawyer Says United Passenger's Lawyer Says Airlines Bully Customers Here's what United will do differently after passenger fiasco United Changes Crew-Booking Policy After Passenger's Removal After dragging incident, United will no longer allow crew members to displace passengers on a plane Poll: People Won’t Fly United If Another Airline Has An Identical Flight New York City police are taking a hands-off approach on overbooked flights
(DBN)

The Lawyers Who Are To Blame For Making Flying So Miserable
(DBN)

Delta changes policy, will now pay customers up to nearly $10,000 to give up seats
(DBN)

Here's why overbooking flights is actually a good thing The Airline Industry: Overpacking Planes Since the 1940s Delta and the Game Theory of Overbooking Flights
(DBN)

Airline food shows a growing divide between premium and coach class
(DBN)

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Banking:

Wells Fargo posts flat profit as new customers stay away How illegal schemes were used to pad Wells Fargo's profits Wells Fargo Says Scandal Costs Will Be Higher Than Projected
(DBN)

Credit Suisse Leaders Cut Their Bonuses 40% After Backlash
(DBN)

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Marijuana:

If Jeff Sessions wants to crack down on medical marijuana, he’ll have to battle more than half the country Denver is finalizing rules for the public consumption of marijuana at coffee shops and bookstores Sponsored Article Big Investors Backing A Marijuana Boom In 2017
(DBN)

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Economy:

Where the Fed goes from here
(DBN)

Fed Nowcast stands at 2.6% for 2017:Q1 and 2.1% for 2017:Q2.
(DBN)

Retail Sales, Consumer Prices Fell in March
(DBN)

Q1 GDP Forecasts Downgraded Again Stock Shock: First-Quarter GDP Growth Now Looks Remarkably Weak
(DBN)

Diverging US economic data raise questions over 'Trump bump'
(DBN)

Confidence Is High but Economic Gains Are Elusive
(DBN)

Here's how much the average family in their 40s has saved for retirement
(DBN)

Bank Lending Stalls on Doubts About Trump's Pro-Growth Agenda
(DBN)

Krugman: Why Don’t All Jobs Matter?
(DBN)

Krugman: Trump Is Wimping Out on Trade
(DBN)

Key Measures Show Inflation close to 2% in March
(DBN)

After Their Break, Congress Will Have 4 Days to Avoid a Government Shutdown
(DBN)

Debunking The Washington Post’s Latest Outrageous Attacks On Social Security
(DBN)

Which state sends most taxes to DC? Hint: It's not a state
(DBN)

Trump's ‘Reciprocal Tax’ Seen Affirming His Love of Tariffs
(DBN)

People don’t like paying taxes. That’s because they don’t understand them. What Bothers Americans About the Tax System
(DBN)

Treasury doesn't name any countries as currency manipulators
(DBN)

Trump nominates vocal critic to head Export-Import Bank, casting uncertainty on agency's future
(DBN)

Former adviser warns Trump: ‘A weak dollar is a weak president’
(DBN)

On China, Trump Realizes Trade and Security Mix
(DBN)

Even Canadians are skipping trips to the U.S. after Trump travel ban
(DBN)

Trump's big shifts come at a dizzying pace Trump Beasts a Hasty Retreat From Populism
(DBN)

Why Trump’s wall contradicts immigration trends
(DBN)

Visualization of the U.S. States that Depend on Foreign Trade the Most
(DBN)

Social Security Advocates Sound The Alarm About The Latest Trump Tax Plan
(DBN)

Trump wants to give the rich a big tax cut. Here’s what his supporters want.
(DBN)

Trump's Health Care Obsession Will End in Tax Reform Tears
(DBN)

Is Trump's Tax-Cut Tactic Based on an Error?
(DBN)

This guy convinced cities to cater to tech-savvy Millenials. Now he’s reconsidering.
(DBN)

What the Gig Economy Looks Like Around the World
(DBN)

Cities With the Highest (and Lowest) Credit Scores
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

Arguing Lack of Standing to Foreclose? Don't Expect Attorneys' Fees
(DBN)

Homes Are Flying Off the Market Faster Than Ever
(DBN)

Judge approves plan to rebuild bridge to marooned mall
(DBN)

Who Will Buy the Baby Boomers' Homes?
(DBN)

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Municipalities:

Territorial Federalism The International Place of Puerto Rico Guam and the Case for Federal Deference American Samoa and the Citizenship Clause: A Study in Insular Cases Revisionism
(DBN)

Puerto Rico at a loss
(DBN)

Recession- Debt -Austerity
(DBN)

Puerto Rico Oversight Board Mediates Last Ditch Debt Negotiations
(DBN)

Puerto Rico Teetering on the Edge of Official Bankruptcy
(DBN)

Puerto Rico debt default looming, bankruptcy ‘likely’
(DBN)

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Oil/Gas:

Sabine: The Next Episode
(DBN)

Bankers' Fading Fear of Oil Lending Is Latest Boon for Shale Banks raise borrowing bases for some oil companies
(DBN)

Undaunted by oil bust, financiers pour billions into U.S. shale
(DBN)

Oil prices push lower on U.S. supply concerns Oil slides as U.S. pumps more, but OPEC and North Korea loom
(DBN)

Oil: Solid increase for Oil Rig Count
(DBN)

OPEC Sees a World That Still Has Too Much Oil
(DBN)

E&P companies 'out of the emergency room, but still in hospital
(DBN)

Big Oil Is Set To Disappoint Again With Q1 Results
(DBN)

Why Oil Markets Are Not Recovering Much Faster
(DBN)

Stone Energy bankruptcy case to end
(DBN)

SandRidge bounces back from bankruptcy
(DBN)

Most OPEC Members Wants Extension of Cuts
(DBN)

Manufacturers worry exports will drive up natural gas prices
(DBN)

2020s To Be A Decade of Disorder For Oil
(DBN)

Fracking could fuel Alaska’s next oil boom
(DBN)

______________

Politics:

President says he can’t be sued for violence at his rallies because he won the election After a day of marches demanding he release his tax returns, Trump asks why people are still talking about them Trump tweetstorms response to protesters demanding he release his tax returns Donald Trump Is An Embarrassment To Anti-Corruption Lawyers Preet Bharara Throws Shade at Donald Trump over Decision to Hide White House Visitor Logs Trump Promises to Tear Down Barrier Between Politics and Churches in Tax Bill Judge Orders Trump to Pay $300K for Stiffing Paint Company on Golf Resort Renovation Trump Demands a Carriage Ride in London with the Queen Trump Is Not the Apotheosis of Conservatism Trump is Hiring Lobbyists and Top Ethics Official Says ‘There’s No Transparency’ Majority in US No Longer Thinks Trump Keeps His Promises
(DBN)

'Why is it your right to take away my right to choose?': Teenager slams top Republican senator during testy town hall
(DBN)

Here are the country's most and least popular senators
(DBN)

Christie's defunct presidential campaign still has expenses
(DBN)

Steve Bannon Was Doomed
(DBN)

Top Election Official on Voter Fraud
(DBN)

Reporting on Trump's 'forgotten men and women'
(DBN)

Jockeying begins among Democrats for race to take on Trump in 2020 Elizabeth Warren Describes Why She Didn't Run for White House in New Book
(DBN)

______________

Student Debt:

Cosigning your kids' or grandkids' student loans? Think twice
(DBN)

Which Graduate Degree Gets You Out of Debt the Fastest?
(DBN)

Lapsed Student Loan Payment may cost you a Tax Refund
(DBN)

______________

Consumer Finance:

Minnesota-based Pawn America files for Chapter 11 bankruptcy
(DBN)

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Debt Collection:

IRS Using Private Debt Collection Companies (Again)
(DBN)

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Shipping:

Government makes final push to save ailing DSME Time is running out for world's top shipmaker as lenders argue Top shipmaker in dire straits Pension fund pressed to accept final offer over DSME Korea's pension fund accepts bailout plan for Daewoo Shipbuilding Main creditor expects 'good result' in DSME shipyard talks
(DBN)

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Taxis:

Uber Losing Historic Amounts of Money
(DBN)

______________

Retailing:

List of the 138 JC Penney stores that are closing JC Penney postponing store closures and liquidation sales JCPenney stores get a temporary lifeline
(DBN)

Why Toys R Us is still struggling — even as the wider toy industry booms
(DBN)

Retail Sales decreased 0.2% in March Retail Sales Increase Slightly in March
(DBN)

The State Of Retail
(DBN)

3 Huge Mistakes Explain Why Sears Is Now Dying
(DBN)

Instagram Killed the Retail Store
(DBN)

Way too many malls
(DBN)

______________

New Bankruptcy Opinions
(11 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (20 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (18 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)

Bankruptcy Jobs:

(1) (2) (3) (4) (5) (6) (7) (8)
(DBN)

Seminars - (Contact us to list your seminar)

33rd Annual Bankruptcy & Restructuring Conference
(DBN)

12th Annual Texas Bankruptcy Bench Bar Conference
(DBN)

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Structured Dismissal:

Structured Dismissals: Alive and Well After 'Jevic'
(DBN)

Supreme Court Ruling Draws a Vague Line in Bankruptcy Cases
(DBN)

Jevic: Structured Dismissals Must Respect Creditor Priority, but Survive Supreme Court Scrutiny (For Now)
(DBN)

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DIP Finance:

Judge Scolds Unilife DIP Lender For Unjustified Limits
(DBN)

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Bankruptcy Reform:

ABI Commission on Consumer Bankruptcy – First Public Meeting is May 6, 2017
(DBN)

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Avoidance Actions:

Global Preferences
(DBN)

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Bankruptcy Humor:

Secured Transactions in the Funny Pages
(DBN)

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Means Test:

Updated IRS Data and Administrative Expenses Multipliers
(DBN)

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SCOTUS:

SCOTUS Asked To Decide Whether A Suspended Healthcare Debtor Must Exhaust Administrative Remedies Under Medicare Before Filing Bankruptcy
(DBN)

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Telecoms:

Avaya Files Plan to Slash Debt Load By More Than $4 Billion
(DBN)

'We see it as a big opportunity' - Juniper on Avaya bankruptcy and Brocade sale
(DBN)

______________

Autos:

Almost anyone can get a car loan now — and that's not a good thing for the country
(DBN)

Takata rescue talks extended, even as bankruptcy risk looms
(DBN)

The Auto Industry is About to Decline
(DBN)

When nation's oldest operating GM plant closes, families emerge from Great Recession into uncertain future
(DBN)

______________

Food/Beverage:

A number of key measures show restaurants are in their worst tailspin since the recession
(DBN)

How much your favorite restaurant foods cost — and how much they usually get marked up
(DBN)

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Pharma:

Can Drug Companies Be Shamed Into Lowering Prices?
(DBN)

______________

Healthcare:

Trump is playing a risky game of chicken with health insurers
(DBN)

______________

Solar:

Sungevity’s messy solar bankruptcy leaves customers on the hook
(DBN)

Solar Installers Struggle as Panels Become Cheap Enough to Own
(DBN)

______________

Electricity:

Texas rejects $18b bid for electricity firm
(DBN)

Prospects of a Public Oncor Raised by $18 Billion NextEra Rebuff
(DBN)

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Fraud:

Bernie Madoff is helping teach MBA students how to combat fraud from jail
(DBN)

______________

Coal:

More coal is rolling out of the pro-Trump Western Slope, but is it adding up to any jobs?
(DBN)

EPA chief tells coal miners ‘regulatory assault is over’ Wrong Message, Wrong Coal Mine
(DBN)

Wind, Solar Power on the Rise Amid Trump's Mooted Coal Comeback
(DBN)

______________

Poker:

Founder of Players Poker Championship Files For Bankruptcy Protection
(DBN)

______________

Nuclear:

The bankruptcy shaking nuclear energy to the core
(DBN)

Toshiba is losing money on 2 nuclear plants it’s building in Georgia and South Carolina
(DBN)

Some U.S. Nuclear Workers Are Staying Home on Westinghouse Woes
(DBN)

The Westinghouse Bankruptcy: Test for Chinese Investment in US Infrastructure
(DBN)

Nuclear Power Bums, Bailouts and Bankruptcy
(DBN)

______________

Mass Torts:

Sexual Abuse at Choate Went On for Decades, School Acknowledges
(DBN)

______________

UK:

Hinkley Point EDF Bridgwater road works: Traders 'pushed towards bankruptcy' says councilor
(DBN)

Agent Provocateur’s unsecured creditors will be left with a whopping £20.7m bill
(DBN)

______________

PIIGS:

Alitalia reaches preliminary deal with unions for €670 mn labor cost cut
(DBN)

Stop pretending on Greek debt Eurozone Crisis Looms As World Bank Throws Doubt Over £2.6 Billion Loan To Bankrupt Greece
(DBN)

______________

Canada:

Survey Shows Ontarians Taking On More Debt
(DBN)

How a bankrupt shipper’s blunder turned into a bureaucratic nightmare for Ottawa
(DBN)

______________

India:

35 corporate insolvency resolutions in progress: IBBI chief
(DBN)

Take A Deep Breath; Bad Loan Resolution Is Moving, Says Rashesh Shah Of Edelweiss
(DBN)

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MENA:

In time, new bankruptcy law will benefit UAE capital markets
(DBN)

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Croatia:

Yield-hungry Russians play vulture with Croatian distressed debt
(DBN)

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Japan:

Apple May Be Coming to Toshiba’s Rescue
(DBN)

Toshiba Loses Access to Unit's Cash After Hedge Fund Sues
(DBN)

Toshiba: Too big to fail?
(DBN)

______________

Australia:

Australian Government Releases Draft Insolvent Trading And Ipso Facto Legislation.
(DBN)

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China:

China GDP grows at fastest pace since 2015
(DBN)

______________

Haiti:

Five Nobel Peace Laureates urge UN to pay off debt to Haiti
(DBN)

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