August 15, 2017

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Steptoe Strikes Back in Gender Bias Suit Filed by Ex-Associate Steptoe moves to compel arbitration in gender discrimination lawsuit
(DBN)

Sedgwick Partner Who Settled Gender Bias Suit Leaves Firm
(DBN)

Fighting to close the gender gap in litigation
(DBN)

What's the Next Hot Market for Law Firm Mergers?
(DBN)

Got Overflow Legal Work? Think Outside The Box
(DBN)

Flying Solo As A Woman Attorney
(DBN)

Your job ads might be inadvertently gender-biased. Here's how to avoid it
(DBN)

Lawyers would have to provide more trust account information in measure passed by ABA House
(DBN)

Law Firm Mourns Loss of Bankruptcy Legal Assistant Killed in Charlottesville Protest Charlottesville victim was 'strong-minded,' cared for others
(DBN)

Arent Fox Loses Bid for Client's Communications in Malpractice Case
(DBN)

Is Litigation In ‘Secular Decline’?
(DBN)

Report: Law firm leaders must take steps to fight drug addiction, alcoholism ABA Report Promotes Changes to Treat Addiction, Depression
(DBN)

Lawyers Using Twitter To Get Their Groove On
(DBN)

Smaller Firms' Message to Big Law on Alternative Fees: Join the Club
(DBN)

Push Your Client's Buttons: Doing It Right Takes Practice
(DBN)

'I Would Avoid Blacks on This Jury': Will a Secret Memo By A Bestselling Lawyer/Author See a Murder Case Overturned?
(DBN)

21 Business Casual Summer Shoes To Buy Now And Wear Through Fall
(DBN)

Constitutional Law In The Age Of Trump: Law Professors React
(DBN)

Panelists detail how lawyers can protect confidential info from border searches
(DBN)

Trump 'seriously considering' a pardon for ex-Sheriff Joe Arpaio
(DBN)

Jury sides with Taylor Swift in groping suit Awarded symbolic $1
(DBN)

New Evidence in D. B. Cooper Case?
(DBN)

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Judges:

Two-year term BK law clerk position open in Tacoma WA
(DBN)

Trump quietly putting his stamp on the courts
(DBN)

Clarence Thomas Is Heralded as 'Most Original Thinker' at Supreme Court
(DBN)

Efforts to split the 9th Circuit opposed by the ABA House of Delegates
(DBN)

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Wall Street:

U.S. stocks set to rise at the open as North Korea pulls back on Guam threat
(DBN)

Stocks close higher as geopolitical fears ease
(DBN)

Stock rally is occurring against a backdrop of falling profit forecasts
(DBN)

Avi Gilburt: The charts say S&P is heading into a ‘treacherous’ pullback
(DBN)

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Layoffs:

Mass Layoffs When Section 363 Sales Fail and Cases Convert: Third Circuit Adopts Probability Standard for WARN Act Liability
(DBN)

Snap Kitchen to lay off 101 employees in Houston
(DBN)

Cox sheds 950 staff
(DBN)

Rowan cutting 85 Gulf of Mexico jobs with more on the way
(DBN)

Few U.S. Workers Worry About Tech Making Their Job Obsolete
(DBN)

Where the robots are
(DBN)

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Politics:

Trump condemns "evil" racism after Charlottesville President Trump Condemns White Supremacists as 'Criminals and Thugs' The backstory on Trump's Charlottesville do-over David Duke bashes Trump for giving into ‘fake news’ bullies after calling out his beloved KKK Merck CEO quits Trump's manufacturing council over Charlottesville — and Trump immediately bashes him CEOs React to Trump's Attacks on Merck CEO Rupert Murdoch reportedly prodded Trump to fire Steve Bannon days before Charlottesville erupted in violence Under Armour CEO drops Trump amid Charlottesville fallout Intel CEO exits President Trump's manufacturing council We asked the CEOs on Trump's manufacturing council about Merck's CEO quitting. Here's what happened... Outraged in private, many CEOs fear the wrath of the president A man was fired from his job after a photo of him at the deadly Charlottesville white supremacist rally went viral Trump Back In DC Amid Race Storm Hurt and Angry, Charlottesville Tries to Regroup From Violence Confederate Monuments at Kentucky Courthouse Will Be Moved, Lexington Mayor Says FBI, DHS Warned on Supremacists Months Ago Undeterred, U.S. cities ramp up removal of Confederate statues Gainesville removes Confederate statute Mayor Plans To Remove Baltimore’s Confederate Monuments Sides Clash Over Confederate Monuments In Dallas Virginia receives request for a September rally at the Robert E. Lee monument in Richmond Some backers of Confederate symbols feel new unease Police Stood By As Mayhem Mounted in Charlottesville Why Charlottesville protesters are being named, shamed — and fired Protesters in North Carolina topple a statue of a Confederate soldier Trump retweets alt-right conspiracy theorist amid Charlottesville fallout White nationalists are planning more demonstrations after Charlottesville The ‘war on whites’ is a myth — and an ugly one A New Generation of White Supremacists Emerges in Charlottesville No, America is not heading for a new civil war What It’s Going to Take to End Racial Preferences
(DBN)

Trump reportedly mulling mercenaries to take over Afghanistan war; experts say plan is unrealistic
(DBN)

A Republican senator revolts Trump is alienating Republicans: GOP strategist
(DBN)

Gallup: Trump Job Approval Rating Now at 34%, New Low Trump's Approval Rating Hits a New Record President's approval ratings hit a new low
(DBN)

McCain Favorability Up to 58% After Healthcare Vote
(DBN)

Democrats mislead in attack linking Florida Senate candidate to Trump's plan to repeal Obamacare
(DBN)

Elizabeth Warren Takes Aim at Moderates and Generates Chants of ‘Warren 2020’ Inside the Elizabeth Warren merchandising empire
(DBN)

Trump campaign emails show aide’s repeated efforts to set up Russia meetings
(DBN)

China Ups Pressure On North Korea With Ban On Coal Imports Kim Jong-un reportedly withdraws threat to shoot missiles towards Guam
(DBN)

Elizabeth Warren's advice for Democrats: Don't fall back to the center
(DBN)

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Solar:

First Solar to Profit If Trump Slaps Tariffs on Panel Imports
(DBN)

Why are two bankrupt solar companies seeking a bailout that would kill their industry?
(DBN)

Solar panel tariffs too little, too late
(DBN)

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Nuclear:

After failure of SC nuke plant, backers seek federal aid
(DBN)

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Student Debt:

This Is the Blue-Collar Student Debt Trap
(DBN)

How CPAs can help clients with student loan debt
(DBN)

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Tax:

IRS heats up compliance enforcement on passport holders with tax debt
(DBN)

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Personal Finance:

This person asked the internet if it was necessary to save so much for retirement — the response was surprising
(DBN)

How More Americans Are Getting a Perfect Credit Score
(DBN)

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Economy:

Skepticism Mounts (Again) About the Next Fed Rate Hike
(DBN)

Inflation remains unexpectedly unchanged in July
(DBN)

Fed's Dudley Says He Still Favors Another Rate Hike in 2017 Top Fed Official Tells AP: Bond Portfolio Could Shrink Soon
(DBN)

Larry Summers says it’s amateur hour at Treasury Department under Steven Mnuchin
(DBN)

U.S. Needs China Trade Deals, Not 'Remedies' Why Americans won’t pay more for Chinese imports soon, despite Trump’s harder line Trump signs measure on Chinese trade practices, says it's 'just the beginning' U.S.-China relations, 6 months into the Trump presidency China warns it will 'take action to defend interests' if US harms trade ties Trump Orders China Trade Investigation
(DBN)

Canada brings tempered optimism to upcoming talks on renegotiating NAFTA
(DBN)

Even Trump supporters say trade is good for the U.S., new survey shows
(DBN)

Number of workers raiding retirement funds rises
(DBN)

Why Mitch McConnell can't get tax cuts done The GOP's Civil War Over Trump Think Obamacare repeal was hard? Wait for tax reform The next GOP hurdle: Many Americans aren't sure they even need tax reform Biggest Tax Advisory Firms in the Dark About Trump Reform Plans Lots of Questions Still Hang Over Trump's Tax Plan Investors Giving Up On Comprehensive Tax Reform
(DBN)

U.S. Default? Unlikely, But Bond Traders Are Taking No Chances
(DBN)

LA area Port Traffic increased in July
(DBN)

Trump is celebrating the Foxconn deal. The people paying for it aren’t so sure.
(DBN)

Texas 'bathroom bills' stall in special legislative session
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

Fannie Mae/Freddie Mac Real Estate Owned (REO) Inventory Continues to Decline
(DBN)

Ringleader of elaborate mortgage fraud scheme gets 10 years in prison
(DBN)

Freddie Mac economist: If housing is affordable, why is homeownership out of reach?
(DBN)

Phoenix Real Estate in July: Sales up 3%, Inventory down 9% YoY
(DBN)

Homebuyers put less and less skin in the game, adding to the market's overall risk
(DBN)

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Municipalities:

Illinois Senate Overrides Governor's Veto of Chicago School Aid
(DBN)

When New York City stared down a big town bankruptcy
(DBN)

Puerto Rico, A Legal And Political Fiasco - Creditors Try Constitutional Challenges
(DBN)

AL: Walker County faces bankruptcy if 1 cent sales tax increase doesn't pass, officials say
(DBN)

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Oil/Gas:

Oil Wavers on Mixed Demand Signals Oil slips as slowing Chinese demand overshadows Libya disruption Oil steady after dollar sell-off, OPEC and China weigh
(DBN)

Fracking boom: US shale oil output to top 6 million barrels a day in August and September
(DBN)

Oil trading 'god' Andy Hall says he's met his match in robots
(DBN)

Oil & Gas HY bond issuance is on the rise again
(DBN)

Deeper oil cuts are still on the table for Saudi Arabia
(DBN)

Denver-based oil company returns to bankruptcy court
(DBN)

______________

Healthcare:

Widowed Early, A Cancer Doctor Writes About The Harm Of Medical Debt
(DBN)

The collapse of Community Health Systems
(DBN)

What people think of high deductibles - and what surveys don't tell you
(DBN)

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Retailing:

Sears was retail's cutting edge for a century, until it wasn't
(DBN)

J.C. Penney Stock Could Fall to $1, Morgan Stanley Says
(DBN)

Wall Street's Patience With Retailers' Turnaround Efforts Runs Thin
(DBN)

What the ‘retail apocalypse’ means for CPAs and their clients
(DBN)

Upcoming retail sales data could be the true tell for the economy
(DBN)

Costco owes Tiffany $19.4 million for fake Tiffany rings: U.S. judge
(DBN)

Home Depot beats on top and bottom line as same-store sales jump
(DBN)

Winners And Losers In Retail Earnings
(DBN)

______________

Autos:

Is one of Detroit's Big Three for sale to the Chinese?
(DBN)

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Brides:

Alfred Angelo dress auction approved by bankruptcy judge
(DBN)

______________

Non-Profits:

Las Vegas Charity Files for Bankruptcy 20 Months After Debt Sale
(DBN)

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Bankruptcy Crimes:

David Vernier pleads guilty to Bankruptcy Fraud
(DBN)

______________

Auto Racing:

Creditors Seek Bankruptcy for SpeedVegas Racetrack Creditors' petition could force SpeedVegas into bankruptcy More financial problems for SpeedVegas? New Delaware Involuntary Chapter 11 Filing – Speed Vegas
(DBN)

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Sporting Goods:

Former Performance Sports bankruptcy plan finally emerges
(DBN)

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Telecoms:

Junk-Debt Wrecking Ball Swings Toward Telecom
(DBN)

______________

Debt Collection:

Minnesota, Other States Reach Settlement Over Improper Debt Collection Practices
(DBN)

______________

MLM:

Herbalife shares tank by 5%, other 'multilevel marketing firms' falling as well
(DBN)

______________

Agriculture:

Minn. lawyer appointed to gather assets in megafarm bankruptcy case
(DBN)

______________

Corporate Reform:

GOP's Retreat from Market-Based Regulations
(DBN)

______________

 

Consumer Finance:

Online lenders upbeat about turnaround progress, but worries linger
(DBN)

______________

New Bankruptcy Opinions
(3 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (21 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)

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Bankruptcy Statistics:

Weekly Bankruptcy Claims Trading Activity
(DBN)

These retailers filed for bankruptcy this year
(DBN)

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Mediation:

Mediation Can Be a Power Tool for In-House Counsel
(DBN)

______________

Ch. 13:

BK ED OK: Notice And Public Comment Period Concerning Chapter 13 Plan Form
(DBN)

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Avoidance Actions:

Ninth Circuit Rules That Hypothetical Preference Actions May Be Considered in Applying the Greater Amount Test
(DBN)

7th Circ denies Sentinel's 2nd clawback attempt
(DBN)

______________

Sales:

Two Recent Decisions Demonstrate Continued Disagreement Over Whether Economic Value or Face Amount of Liens Is Appropriate Metric in Authorizing Free and Clear Bankruptcy Sale
(DBN)

Second Circuit Affirms Bankruptcy Court’s Nullification of Chapter 15 Debtor’s Sale of Claim Due to Woefully Inadequate Price
(DBN)

Ninth Circuit Joins “Minority” of Courts That Allow Property to be Sold in Bankruptcy Free and Clear of Leaseholds
(DBN)

______________

Setoffs:

Section 553 of the Bankruptcy Code Preserves Rather Than Creates Setoff Rights
(DBN)

______________

Reclamation:

Recent Case Law Developments Impact Claims of Unpaid Suppliers for Goods Delivered Immediately Prior to Customer Bankruptcy
(DBN)

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Discharge:

A New Millennium : Bankruptcy Courts May Lack Constitutional Authority to Approve Nonconsensual Plan Releases
(DBN)

______________

Veil Piercing:

Outside Reverse Veil Piercing now available for LLCs in California
(DBN)

______________

TBTF:

We're Still Not Ready for the Next Banking Crisis
(DBN)

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Consumer Bankruptcy:

Amazon Prime, eBay Passwords Sought from Bankruptcy Debtors
(DBN)

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Litigation:

Business of Litigation Finance (Audio)
(DBN)

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Plan Confirmation:

Academic Attempts to Revive the Corpse of Relative Priority
(DBN)

______________

Mediation:

Proactive Mediator + Settlement Counsel = How it Should be Done in Difficult Cases
(DBN)

______________

Coal:

Armstrong Energy warns bankruptcy may be possible
(DBN)

______________

Electricity:

FirstEnergy Unit's Bankruptcy A Bigger Catalyst Than It Seemed?
(DBN)

______________

Compensation:

Risks Arising from Subordinating Claims under Deferred Compensation Plans
(DBN)

______________

UK:

BVI liquidators battle lawyers over legal costs in London court
(DBN)

Euler Hermes Economic Review: 10 years on from the Global Financial Crisis
(DBN)

Barclays: 'We believe housing transactions are in structural decline'
(DBN)

UK: Now May Wants Interim EU Deal
(DBN)

Brits Sense Betrayal in Brexit Heartland
(DBN)

______________

EU:

Europe's top bank watchdog publishes new list of systematically important institutions
(DBN)

Domestic demand keeps Germany driving euro zone economy in Q2
(DBN)

______________

Canada:

Andy Hall says goodbye to oil market citing worsening outlook Oil 'God' says goodbye to market citing worsening outlook
(DBN)

Sears Canada Pensioners Want Plan Wound Up
(DBN)

______________

India:

Here Comes the Air India of Banking
(DBN)

As developers head to bankruptcy body, homebuyers left in lurch
(DBN)

______________

Russia:

Russian court declares Aeroflot subsidiary Donavia bankrupt
(DBN)

Moscow Arbitration Court to hear Jugra's bankruptcy case in October
(DBN)

______________

Singapore:

Debt-ridden Marco Polo Marine plunges further into the red, with Q3 net loss widening to $304 million
(DBN)

______________

Venezuela:

Pence says 'failed state' in Venezuela threatens United States
(DBN)

Oil-rich but cash-starved Venezuela could be close to bankruptcy
(DBN)

______________

Germany:

German carrier Air Berlin filing for bankruptcy Air Berlin files for bankruptcy protection Air Berlin files for Insolvency after Etihad withdraws support Germany provides 150 mln euro bridging loan to insolvent Air Berlin
(DBN)

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