August 16, 2017

The Daily Bankruptcy News

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Law:

Charlotte School of Law must close, North Carolina AG’s office says Charlotte School Of Law Is Closing ‘Effective Immediately’
(DBN)

Nothing 'Negative' About Philadelphia Lawyers? Texans Talk It Over in Duane Morris Case
(DBN)

Charlottesville to mourn woman killed at rally in memorial
(DBN)

UC Berkeley law school faces $2M in budget cuts, loss of associate dean positions In The Wake Of Rankings Drop, Berkeley Law Sees Budget Slashed
(DBN)

Polsinelli Welcomes Bankruptcy and Financial Restructuring Shareholder Trey Monsour
(DBN)

Berkowitz, Trager & Trager Sued Over Opinion Tied to Bad $13M Loan
(DBN)

Sedgwick to Close DC Office as Partners Join Troutman Sanders
(DBN)

Do We Really Want to Make It Easier to Go to Law School?
(DBN)

Can Your Lawyer Be a White Supremacist?
(DBN)

Big Law Responds to Trump's Charlottesville Protest Remarks
(DBN)

Regaining Command of Email
(DBN)

10 Things To Know About Working As An Attorney Overseas
(DBN)

3 Things You Need To Know How To Do Before You Open Your Own Law Practice
(DBN)

Florida man gets 6 years for accidentally firing gun while taking selfie
(DBN)

Charlottesville Car Crash Suspect’s Mother Accused Him Of Violent Attacks
(DBN)

OK Google, Here’s Why Men and Women Are Not the Same
(DBN)

A Christian School Official Allegedly Told A Boy To "Turn The Other Cheek" After He Reported R---
(DBN)

Feds Kindly Ask Platinum Partners Founder’s Lawyers To Refrain From Intimidating Key Witness
(DBN)

Arrest warrant for man accused of having sex -- with fence
(DBN)

The Joe Arpaio I Knew
(DBN)

Jared Kushner's firm seeks arrest of Maryland tenants to collect debt
(DBN)

Baseball player sues coach after being benched, claims that’s tantamount to bullying
(DBN)

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Judges:

With Another Ninth Circuit Opening, Trump's Influence on the Court to Grow
(DBN)

Courthouses should not be used for routine immigration arrests, House says in resolution
(DBN)

Judges should receive anti-bias training, ABA House says
(DBN)

Profile of Kathy Campbell, Clerk of the Court
(DBN)

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Wall Street:

Dow heads for 4-day win streak ahead of Fed minutes
(DBN)

U.S. stocks close mostly flat as investors await next catalyst Retailers Stumble but Stocks Are Little Changed Overall
(DBN)

Record Number Of Fund Managers Say 'Stocks Overvalued' Bank of America Warns of an ‘Ominous’ Sign for Stocks A bear market could hit U.S. stocks any time now
(DBN)

One of the most successful hedge-fund pros says we’re ‘nowhere near an overheated’ stock market
(DBN)

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Layoffs:

PHH Mortgage To Lay Off 2250 Workers In South Jersey
(DBN)

Jet Aviation in Cahokia to lay off 330 employees
(DBN)

APTIM Services LLC To Cut 167 Jobs
(DBN)

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Politics:

Trump swing states have been hit the hardest by robots taking jobs
(DBN)

New Trump-Russia emails could establish a 'devastating' legal entanglement for Paul Manafort
(DBN)

How the Trump-McConnell feud could derail the GOP agenda
(DBN)

Trump Says 'Both Sides' to Blame in Charlottesville Violence, Reversing Monday's Stance Trump melts down and blames both sides in Charlottesville during heated press conference Trump again blames all sides for Virginia violence in bizarre, chaotic news conference US military leaders are taking an entirely different tone from Trump on Charlottesville Why Trump’s Press Conference Was Disappointing Even Before It Got Controversial Mr. Trump Makes a Spectacle of Himself Trump rips ‘alt-left’ as he again blames both sides for Charlottesville violence Trump blamed Charlottesville violence on the 'alt-left' — but what exactly is that? FactCheck: Trump's Charlottesville Protesters White House Chief of Staff John Kelly hangs his head during heated Charlottesville press conference Trump 'went rogue' during controversial press event, White House official told NBC Two nations, divisible, under Trump Trump's Angry Defense of Racists and Confederate Monuments Trump responds with a jobs stat when asked about Charlottesville Trump: CEOs dropping out of manufacturing council are 'grandstanders' and there are 'many to take their place' Trump: CEOs leaving councils "not taking their jobs seriously" AFL-CIO President Trumka steps down from Trump manufacturing council Trump blasts CEOs for quitting White House council 'out of embarrassment' The Merck CEO Is No Hero Intel CEO accelerates diversity goals after leaving Trump council 'He missed a critical opportunity': Walmart CEO slams Trump for failing to 'unequivocally' reject white supremacists Walmart CEO criticizes Trump but is not stepping down from advisory council CEO defections don’t mean that Trump is losing business support Larry Summers: All CEOs should quit Trump's advisory councils Trump Takes Aim at Executives Leaving Presidential Council Standing Up to Trump Is Good for Business The latest CEO departures from Trump business council show how difficult it is to separate business from politics After Charlottesville, Business Leaders Are Dumping the Trump Administration Another CEO resigns from Trump's council Criminal charges sought for protesters who toppled Confederate statue in North Carolina Trump: My economic plan is 'going to have a tremendous positive impact on race relations' Why White Supremacists Find Comfort in Trump's Erratic Messaging Rubio to Trump: Your comments give white supremacists "a win" GOP Lawmakers Blast Trump for Charlottesville Comments Even Fox Hosts Are Shocked 'Alt-Right' Leaders Won't Condemn Ramming Suspect David Duke Thanks Trump
(DBN)

Are there white nationalists in the White House?
(DBN)

Alt-Right Protests Set for 9 Cities Next Week
(DBN)

The History of Confederate Monuments
(DBN)

'We'll see about Mr. Bannon:' Trump won't say he has confidence in his embattled White House chief strategist
(DBN)

America's urban and rural 'divide' doesn't actually exist
(DBN)

Divisions escalate between red states and blue cities
(DBN)

Donald Trump has a very clear attitude about morality: He doesn't believe in it
(DBN)

John McCain: 'No moral equivalency between racists and Americans standing up to defy hate'
(DBN)

Donald Trump's 'mafia connections' blocked his bid to open Sydney casino 30 years ago
(DBN)

When Aides Worry Their President Is Unhinged
(DBN)

The Strange Saga of Trump Winery Donald Trump Says He Owns One of the Largest Wineries in the U.S. He Doesn't.
(DBN)

Warren’s Image Remains Split as She Becomes Better Known
(DBN)

Hope Hicks reportedly named as White House communications director
(DBN)

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Healthcare:

Bankruptcy judge tentatively approves Girard Medical Center sale
(DBN)

CBO warns of market chaos if ACA insurer payments end If Trump sabotages Obamacare, premiums will spike an extra 25 percent by 2020, CBO warns Obamacare Premiums and Budget Deficits Will Soar If Trump Ends Insurer Subsidies
(DBN)

Obamacare just got some much-needed good news
(DBN)

Sanders Will Offer 'Medicare for All' Soon
(DBN)

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Economy:

Household Debt Hits Record as Auto Loans and Credit Cards Climb One major way US credit card debt is getting worse Auto Loans’ Share of U.S. Household Debt Climbs to Record
(DBN)

Study: Higher minimum wages bring automation and job losses
(DBN)

NY Fed: Manufacturing Activity "grew strongly" in August
(DBN)

Trump tried to save their jobs. These workers are quitting anyway.
(DBN)

Trump doesn't 'know the facts' when he says Merck is shipping jobs overseas
(DBN)

What Happened to Trump’s Infrastructure Boom? Spending Is Actually Falling Pence Linked Firms Want Infrastructure Deals
(DBN)

Strong US retail sales bolster third quarter growth outlook
(DBN)

Junk Bonds of the Financial Crisis Were the Decade’s Biggest Winners
(DBN)

Several CEOs are voicing the same complaint about one of Trump's biggest brags
(DBN)

Consumers ramp up spending, but risks abound
(DBN)

Trump Has Taken His First Step Toward a Trade Conflict With China Trump's New China-Trade Mistake
(DBN)

Here's what you need to know as NAFTA negotiations begin What Automakers Want from New NAFTA Why Renegotiating NAFTA Won’t Be as Easy as Trump Says Why the Canada-Mexico trade talks are a major test for Trump 14 Steps to Renegotiate NAFTA
(DBN)

White House top economic advisor Cohn: We worked on tax reform this 'morning' and it can happen this year
(DBN)

El-Erian: Trump is diverting attention from his pro-growth agenda
(DBN)

Feds Collect Record Income and Payroll Taxes Through July
(DBN)

The actual — and perceived — number of immigrants in 9 countries Immigration by the numbers
(DBN)

1 in 7 New York City Elementary Students Will Be Homeless, Report Says
(DBN)

No Deals in Sight as Spending, Debt Limit Deadlines Loom
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

Defective Mortgage Acknowledgments: Variations on a Theme
(DBN)

How will retail bankruptcies impact CMBS and REITs?
(DBN)

NAHB: Builder Confidence increased to 68 in August
(DBN)

Here’s the No. 1 new home market in the U.S.
(DBN)

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Municipalities:

Puerto Rico Is Likely to Keep This Promesa
(DBN)

Hartford, With Its Finances in Disarray, Veers Toward Bankruptcy
(DBN)

The myths of the underpaid and overworked teachers in Pa.
(DBN)

Fitch Lowers US Virgin Islands All the Way to Triple-C
(DBN)

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Oil/Gas:

Oil prices rise on hopes for another big drop in U.S. inventories Oil extends decline as U.S. sees shale output expanding further
(DBN)

Breakneck U.S. drilling creates “industrial inventory” of untapped wells waiting to flow
(DBN)

Is Chesapeake Headed For Bankruptcy?
(DBN)

Knight Energy files for Chapter 11 as part of restructuring exploration
(DBN)

Philadelphia Refinery Fights to Survive After 2012 Rescue
(DBN)

IEA: OPEC Must Extend Cuts To Balance Oil Markets
(DBN)

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Retailing:

Retailers send mixed messages on the sector’s health
(DBN)

U.S. Retail Sales Jumped 0.6% in July
(DBN)

Home Depot shares drop as Wall Street fears it may no longer be 'Amazon-proof'
(DBN)

Retail is in 'panic mode,' says Dick's Sporting Goods CEO Dick's Sporting Goods Slides as Same-Store Sales Growth Weakens Dick's Sporting Goods lowers sales, earnings outlook; shares tumble pre-market
(DBN)

Are Retail Sales Dead? Depends Where You Look
(DBN)

Ace Hardware CEO: I'd never say we're Amazon proof, but here are 3 ways we can survive the retail apocalypse
(DBN)

Structured finance can weather retail woes, says Moody's
(DBN)

Trump Attacks Amazon: 'Doing great damage to tax paying retailers'
(DBN)

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Movie Theaters:

Netflix Co-Founder Lands Funding to Help Save the Movie Theatre Industry AMC may block MoviePass discount-holders from its theaters Is MoviePass’s new $10-a-month movie ticket deal really as epic as it seems?
(DBN)

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Travel:

7 travel habits frequent flyers swear by
(DBN)

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Fraud:

Disgraced Pharma Bro Doesn’t Want Press To Interview Jurors Who Convicted Him
(DBN)

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Accounting:

KPMG to Pay $6.2 Million to Settle SEC Claims of Audit Failures
(DBN)

'Big Four' accounts KPMG and PwC have both just been fined millions
(DBN)

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Corporate Reform:

GOP Governors Step Up Effort to Discredit Cordray
(DBN)

What to Expect If the GOP Takes Control of the CFPB
(DBN)

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Education:

Shepherd University in California Files for Bankruptcy
(DBN)

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Nuclear:

Nuclear power's woes imperil US national security, former energy secretary says
(DBN)

PSC gives Plant Vogtle a vote of support as legal fees rise, creditors sue for payment
(DBN)

SCANA withdraws — for now — petition to abandon $18 billion nuclear project
(DBN)

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Golf:

Floods, bankruptcy shuttered area golf course. Four months later, it gets a mulligan
(DBN)

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New Bankruptcy Opinions
(7 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

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

Recent Ch. 11 Adversary Proceeding Filings (__ 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:

Chapter 11 Cases Filed in New York, 1990-2016
(DBN)

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Litigation:

A Rising Tide Lifting Seaworthy Boats In Litigation Finance
(DBN)

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Spendthrift Trusts:

9th Circuit Opens Spendthrift Trusts to Bankruptcy Creditors
(DBN)

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Discharge:

5th Cir. Holds Mortgage Fraud Debts Not Dischargeable
(DBN)

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Plan Confirmation:

Delaware Bankruptcy Court Approves Separate Classification and Disparate Gifted Consideration Between General Unsecured Creditors
(DBN)

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Food/Beverage:

Some Joe's Crab Shack restaurants close ahead of ruling Joe's Crab Shack abruptly closes all Michigan locations
(DBN)

Landry's Wins Auction for Joe's Crab Shack, Brick House Tavern Chains
(DBN)

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Horse Racing:

Bala objects to settlement amount in bankruptcy case
(DBN)

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Solar:

Will a trade fight with China sabotage the US solar industry?
(DBN)

Solar trade case weighs whether protection will save or sink industry
(DBN)

Fractured U.S. solar sector argues at tariff hearing
(DBN)

More Borrowers Are Defaulting on Their 'Green' PACE Loans
(DBN)

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Coal:

Coal producer Armstrong Energy warns it may file for bankruptcy

______________

Bankruptcy Crimes:

Casper couple indicted on bankruptcy fraud charges
(DBN)

Vernier pleads guilty to bankruptcy fraud
(DBN)

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Autos:

Deep Subprime Car Loans Hit Crisis Era Mark
(DBN)

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Aviation:

Hearing scheduled on bid to liquidate GLO Airlines assets
(DBN)

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Student Debt:

Suit against federal student loan servicer can proceed
(DBN)

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Maritime:

Global shipping industry bounces back from its Lehman moment
(DBN)

The World’s Shipping Companies Are Going Super-Sized
(DBN)

The Privatization of Bankruptcy : Evidence from Financial Distress in the Shipping Industry
(DBN)

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UK:

Ex-Chief of Staff Slams Top Brexit Negotiator
(DBN)

UK unemployment falls again to lowest since 1975, wage growth still muted
(DBN)

Castle owner faced bankruptcy after saving the day for stricken wedding couples
(DBN)

The homeless 'hero' of the Manchester Arena terror attack allegedly stole a bank card from a wounded victim
(DBN)

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PIIGS:

No Recovery Yet for Spain’s Poor
(DBN)

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Canada:

The Undignified Fall Of Trump's Toronto Tower
(DBN)

Sears Canada to create fund for laid-off employees denied severance
(DBN)

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Venezuela:

Trump's brash talk about a 'military option' in Venezuela has left diplomats scrambling to pick up the pieces
(DBN)

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Germany:

Air Berlin filing for bankruptcy after shareholder Etihad refuses loan Air Berlin's Magnificent Flying Bankruptcy Machine Air Berlin keeps flying after filing for insolvency Germany's second biggest airline files for insolvency Five things you need to know after the Air Berlin insolvency Airlines swoop in on insolvent Air Berlin Ryanair lodges complaint over Air Berlin bankruptcy Air Berlin’s Slow Collapse Into Bankruptcy, Explained The Real Losers in Air Berlin’s Demise Air Berlin Insolvency Sends Etihad Partner Bond Yields Soaring Easyjet part of talks for Air Berlin assets - source German minister sees no cartel problems with Air Berlin asset sale German govt loan to Air Berlin to ensure flights for 3 months
(DBN)

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India:

NCLT okays first insolvency resolution scheme under IBC
(DBN)

Govt Coming up With Plan B to Resolve Bad Loans Crisis?
(DBN)

Moral Hazard And The Writing Off Of Indian Farm Loans
(DBN)

Mumbai's NCLT to get more judges for speedy clearance
(DBN)

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China:

IMF: China's debt on 'dangerous trajectory' China has got to fix its debt problem, the IMF says China's Rising Debt Unnerves the IMF. The Alternative Is Worse.
(DBN)

IMF Forecasts Faster Chinese Growth as Rising Debt Adds to Risks
(DBN)

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MENA:

Dana sees creditors paying out in legal fray as profit rises
(DBN)

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Brazil:

Multi-Billion Dollar Subsidies for Brazil Business Face the Chop
(DBN)

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