August 17, 2017

The Daily Bankruptcy News

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Law:

After students wait a day for answers, Charlotte Law says it took down website to comply with law White Kid Thinks Minorities Killed Charlotte School Of Law An Embattled For-Profit Law School Is Reportedly Shutting Down Charlotte Law School officially closes Charlotte Law School Closes 'Effective Immediately'
(DBN)

These are the 10 law firms clients recommend the most
(DBN)

Trump's Bankruptcy Lawyer Earned $2.7 million in 2016 at Kasowitz
(DBN)

Is Change Now Unstoppable for Law Firm Billing?
(DBN)

My Kingdom for a Horse: The Psychology of Pricing
(DBN)

484% Rise In Legal Tech Patents in 5 Years
(DBN)

A Step Backwards For Financial Transparency In Biglaw
(DBN)

Mistaken For The Court Reporter: Litigating As A Woman
(DBN)

Documentary Puts Struggles Of Women Lawyers in Generational Context
(DBN)

McDermott Chair Declares New Era at Firm
(DBN)

Hundreds gather in Charlottesville to honor woman killed in protests ‘Make my daughter’s death worthwhile’: Charlottesville victim’s mother wants mourners to channel anger into action 'Put Down Hate'
(DBN)

Marty Lipton Denounces President Trump’s Charlottesville Comments
(DBN)

Charlottesville victims sue white supremacist rally organizers for $3 million
(DBN)

Trump Attorney Distances Self From Charlottesville Comments
(DBN)

Trump Lawyer John Dowd Forwards Email Equating Confederate Leader with George Washington
(DBN)

Law prof suggests ABA set an employment requirement for law school accreditation
(DBN)

Analyzing The Effect Of Financial Aid On Law School Matriculation
(DBN)

Testy: LSAT Test-Takers Surged 12% In Sept., On Heels Of 20% Increase In June; Biggest Combined Rate Of Increase In 8 Years
(DBN)

'America's Worst One L': How Jeremy Burnside Went From Being The Worst Student In America's Worst Law School To A Successful Lawyer
(DBN)

Law schools ranked by American Academy of Arts & Sciences membership, 2017-18
(DBN)

Law schools out of step with changing marketplace
(DBN)

Law School Grads Agree: Social Media Is ‘Fair Game’ For Employers
(DBN)

Will Watson Transform the Business of Law?
(DBN)

This Teenager Is About To Take The Law School World By Storm
(DBN)

Chicago’s former US attorney will open King & Spalding office Ex-US Attorney returns to KS to help start #Chicago office
(DBN)

Alt-Right Lawyer Who Organized Charlottesville Rally Launches Senate Bid
(DBN)

Was Charlottesville Domestic Terrorism? This Law Firm Says It Was
(DBN)

The judge in the Uber-Waymo case suggests Uber lawyers 'misled the court' Judge Tells Uber It 'Misled The Court', Slams Waymo For 'Being Greedy' MoFo Lawyers May Take Stand At Waymo-Uber Trial
(DBN)

American Bar Association Wants to Let Undocumented Immigrants Practice Law
(DBN)

Assessing California’s Bar Exam Cut Score
(DBN)

Law Schools Are Looking For Answers In All The Wrong Places
(DBN)

Bank Blocked From Billing for In-House Counsel's Work
(DBN)

6 Time Management Tips For Those Who Are Sick Of Calendaring
(DBN)

Giant Insurer Names New Top Lawyer
(DBN)

Female engineers explain why James Damore was really fired from Google
(DBN)

Sessions slams Chicago sanctuary policies Sessions pits Miami vs Chicago in push against sanctuary cities Fact Check: Chicago city officials "have adopted an official policy of protecting criminal aliens who prey on their own residents."
(DBN)

Solving a Murder Mystery With Ancestry Websites
(DBN)

How Law Firms Can Help Their Lawyers' Well-Being
(DBN)

Cosby Runs Out of Lawyers
(DBN)

Second Cities For Law Firms
(DBN)

US-Nazi Cantwell Cries in Video Over Warrant
(DBN)

21st Century Fox Paid Out $50 Million For Harassment/Discrimination in Last 12 Months
(DBN)

Texas Cops Under Fire After Dashcam Reportedly Shows 11-Minute Search of Woman’s Private Area
(DBN)

Law Student Found Dead In Car After Being Missing For Almost A Week
(DBN)

What Sets 'Elite Firms' Apart?
(DBN)

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Judges:

Bankruptcy Judge Mary F. Walrath Receives Prestigious Judge William Norton, Jr. Judicial Excellence Award
(DBN)

Judge Quits Bench Amid Alleged 'Duct Tape' Threat, Ex Parte Talks
(DBN)

AL: Suspended Judge in Runoff for Senate Seat "There are communities under Sharia law right now in our country. Up in Illinois. ... There’s Sharia law, as I understand it, in Illinois, Indiana -- up there. I don't know."
(DBN)

Judge Kopf reads Judge Posner
(DBN)

Ohio judge ordered to undergo mental health evaluation
(DBN)

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Wall Street:

Dow set to break 4-day rally as Wal-Mart’s results hit, Fed minutes sink in
(DBN)

Dow notches 4th straight gain, but Trump, Fed make for bumpy stock-market ride
(DBN)

Markets are rolling over as Trump scraps his business council
(DBN)

Investment banker says Goldman Sachs discriminated against black workers
(DBN)

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Layoffs:

Third Circuit Court of Appeals Clarifying When Debtor Is Excused From WARN Act Notice Requirements Under “Unforeseen Business Circumstances” Exception
(DBN)

Union Pacific follows corporate trend, trimming 750 positions
(DBN)

End of the checkout line: the looming crisis for American cashiers
(DBN)

What’s Worse Than Being Unemployed? A Bad Job, Say Researchers
(DBN)

This little-known career retraining program helps workers whose jobs have been shipped overseas
(DBN)

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Politics:

If a top Trump aide leaves, it could 'start a run on the bank'
(DBN)

McConnell: "there are no good neo-Nazis" Republican Voters Largely Back Trump for Knocking McConnell
(DBN)

Cities and states accelerate plans to remove Confederate monuments Baltimore quietly removed its Confederate statues overnight A Stealth History Lesson in Baltimore Dallas Mayor: Confederate Statues ‘Monuments Of Propaganda’ Black US lawmakers say Confederate statues should come out of Capitol Psychologists surveyed hundreds of 'alt-right' supporters. The results are unsettling. It Looks Like PayPal Has Cut Off White Supremacist Richard Spencer Service Provider Boots Hate Site Off the Internet The ‘alt-right’ is just another word for white supremacy, study finds White nationalism is the alt-right's 'center of gravity' — and Trump can't condemn one but not the other Right-Wing Extremism Appeared Declining and Disconnected - Until Charlottesville CNN host paralyzes head of Trump diversity council: ‘Would very fine people march alongside’ Nazis? The chilling worldview of a white supremacist who led Charlottesville rally shows why so many are furious with Trump Violent extremism—whether in jihadist or white supremacist form—is often driven by the same processes White nationalists are flocking to genetic ancestry tests — but many don't like their results Trump is Totally Wrong, Anti-Racist Protesters Actually Did Have Permits Trump Knows Exactly What He’s Doing The U.S. Capitol has at least three times as many statues of Confederate figures as it does of black people Stonewall Jackson's Great, Great Grandsons: The Monuments Must Go Robert E. Lee's Great, Great Grandson: I'm OK Removing Confederate Monuments What Trump Gets Wrong About Antifa Steve Bannon was reportedly thrilled by Trump's wild press conference House panel to hold hearing on white supremacist threat Bush presidents release a joint statement on Charlottesville after Trump's press conference Of marble men and myths Why the Charlottesville Marchers Were Obsessed With Jews
(DBN)

What Steve Bannon thinks about Charlottesville Steve Bannon trashes 'ethno-nationalists,' his White House enemies, and touts big plans for the Trump administration amid calls for his firing Steve 'Mr. Breitbart' Bannon Brands Far Right as Losers
(DBN)

The Walls Are Closing In as Allies Abandon Trump
(DBN)

Right-Winger, Retweeted by Trump, Is Navy Intel Officer Pizzagate and Seth Rich Conspiracy Theorist, Has Top Secret Security Clearance
(DBN)

We spent 6 months after the election trying to find common ground in America — here's what we learned
(DBN)

Trump-Russia emails suggest Moscow's attempt to infiltrate the campaign may have gone further than we knew
(DBN)

Virtual Unknown Hope Hicks to Lead White House Communications for Now
(DBN)

Why the Alt-Left Has a Problem Too
(DBN)

Republicans back away from Trump after his fiery defense of Virginia rally
(DBN)

About 1 in 4 Americans would follow Trump to the end -- about the same share that totally rejects him
(DBN)

Durham sheriff arrests ladder climber in Confederate statue destruction: ‘No one is getting away with what happened.’ Arrests Begin Following Durham Confederate Statue Toppling
(DBN)

Special counsel's Russia probe loses top FBI investigator
(DBN)

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Economy:

Most Fed officials support a move towards unwinding the massive balance sheet 'at an upcoming meeting' FOMC Minutes: Balance Sheet Normalization "Relatively soon"
(DBN)

Fed Confronts New Reality: Low Inflation and Low Unemployment Fed minutes: Central bank split over path of rate hikes Fed members say they are not worried about stock market surge Some Fed members say bank can be ‘patient’ on interest rates due to low inflation Here's why the Fed's not hiking rates
(DBN)

NY Fed: "Household Borrowing Grows Modestly; Credit Card Delinquencies Rise"
(DBN)

The Imaginary Debt Crisis Is Here to Stay
(DBN)

Firm that projected massive job losses with Montgomery County minimum wage increase says it was wrong
(DBN)

This Map Shows Which U.S. States Have Recovered from Recession (and Which Haven’t)
(DBN)

N.Y. Fed’s Dudley’s raises eyebrows with remark about Trump aide Cohn
(DBN)

Wisconsin lawmakers debate billions in incentives for Foxconn plant
(DBN)

Atlanta Fed president: Great Recession caused people to distrust long-term investments
(DBN)

CEOs Rethink Alliances With White House An awful day for Trump's presidency Rejected by CEOs, Trump abruptly shutters two business groups The view from the White House is a lonely one as the business community abandons Trump CEOs Flee Trump Because He's Useless to Them Trump Ends Business Councils as CEOs Turn Against President Trump abruptly scraps business councils after massive exodus of CEOs GM's Barra in Tight Spot Among Executives on President's Advisory Panels CEOs face a 'false choice' on whether or not to stick with Trump, says Southern Company CEO Richard Trumka: Why I Quit Trump’s Business Council 'Racism and murder are unequivocally reprehensible': Campbell Soup CEO quits Trump council moments before he disbands it 3M CEO Inge Thulin Just Became the 7th Executive to Leave Trump’s Manufacturing Council CEO: I tried to give Trump a chance. But after Charlottesville, it's over Here are all the members who left Trump's now-disbanded manufacturing council after Charlottesville Larry Summers: CEOs who stay on Trump councils are on the wrong side of history President Trump, forced to choose between working with business leaders and espousing white identity politics, has chosen the latter The real loser in the standoff between Trump and CEOs The brief life and messy end of Trump’s manufacturing council
(DBN)

NAFTA talks open with spat over how to resolve tariff conflicts As NAFTA Renegotiation Begins, Democrats Hope Their Priorities Match Trump’s NAFTA talks are a major test for Trump — and they won’t be easy Auto Industry May Drive NAFTA Talks Trump Serves Notice on Nafta: The U.S. Won't Accept a Touchup
(DBN)

'We're at economic war with China': Steve Bannon lays out China trade plans in wide-ranging interview Steve Bannon: ‘We’re at economic war with China,’ there’s no North Korea solution
(DBN)

Trump and U.S. car companies are fighting over what it means to be made in America
(DBN)

Trump's Economy Looks Like Obama's
(DBN)

Billionaire Richard Branson weighs in on universal basic income
(DBN)

Millions of working Americans didn’t save for retirement at all the past 2 years
(DBN)

1,700 People in America Are Becoming Millionaires Every Day
(DBN)

A Record Number of Millionaires are Fleeing to These Countries
(DBN)

Goldman Sachs is infiltrating the Fed in ways that most people haven't noticed
(DBN)

The 15 Best Cities for Job Seekers
(DBN)

Tax Reform? Hold Onto Your Wallet
(DBN)

Consumers Strain to Prop Up Recovery
(DBN)

China surpasses Japan as US' biggest creditor
(DBN)

Hunger abated after the recession, but not for the elderly, U.S. figures show
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

US housing starts, permits fall unexpectedly in July Housing Starts decreased to 1.155 Million Annual Rate in July Comments on July Housing Starts
(DBN)

MBA: Mortgage Applications Increase Slightly in Latest Weekly Survey
(DBN)

Millennials are finally buying homes and it means ‘pent up demand’ could last for years
(DBN)

Builders Tap Brakes on Construction of U.S. Apartments
(DBN)

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Municipalities:

Puerto Rico is a “State” under U.S. Bankruptcy Law: Foreshadowing Bankruptcy-Type Relief for Other “States”?
(DBN)

Can Puerto Rico Cash In on the Success of ‘Despacito’?
(DBN)

Partnerships are paving a new path for Puerto Rico
(DBN)

AL: Walker County may have to file for bankruptcy and cut services
(DBN)

Downward Spiral: Debt Rating Agencies Downgrade USVI Again US Virgin Islands debt latest to worry investors
(DBN)

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Oil/Gas:

Worst May Be Behind for Energy Borrowers Facing Loan Renewals
(DBN)

Foreign oil has its eyes on 44 billion barrels in Cuba
(DBN)

End of Oil Glut Was Supposed to Take 6 Months
(DBN)

Manufacturers urge Perry to slow LNG exports
(DBN)

The Strategic Petroleum Reserve Is Slowly Dying
(DBN)

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Retailing:

Donald Trump wipes $5.7bn off the value of Amazon with single tweet Trump's attack on Amazon has some basis in truth Trump takes aim at Amazon. What are the facts? Trump takes aim at Amazon. What are the facts?
(DBN)

Monthly U.S. Retail Sales Since 1992
(DBN)

The unlikely reason Americans are shopping at Target again
(DBN)

Sears Canada executive chairman removed from duties to focus on bid for retailer Sears Canada Chairman Preps Going-Concern Bid
(DBN)

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Autos:

Up to one-in-two Takata 'Alpha' airbags could fail, Choice warns
(DBN)

Judge OKs Takata request to halt some lawsuits over air bags Takata Judge Halts Air-Bag Suits Against Automakers for 90 Days Takata Ch. 11 judge halts all non-MDL airbag suits
(DBN)

Auto Loans’ Share of U.S. Household Debt Climbs to Record
(DBN)

Q2 delinquencies rise while industry is ‘recalibrating’
(DBN)

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Golf:

Club confirms it's considering bankruptcy
(DBN)

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Nuclear:

SCANA sees little hope for reviving V.C. Summer nuclear project despite partner search
(DBN)

Utility unsure when it will re-file plans to bail on project
(DBN)

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Credit Reporting:

On Remand From Supreme Court in Spokeo, Ninth Circuit Holds FCRA Violation Satisfies Article III Standing
(DBN)

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Agriculture:

The truth about H&I Grain insolvency
(DBN)

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Newspapers:

Tough neighborhood U.S. Trustee files objection to proposed loan by The Binkley Company to Alaska Dispatch News ADN owner seeks quick court approval to pay carriers, insurance Alaska Dispatch News bankruptcy sheds light on distressed company’s finances
(DBN)

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Aviation:

Cathay Pacific posts worst first-half loss in at least 20 years
(DBN)

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Climate:

Trump Kills Law Protecting from Sea Level Rise
(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 (23 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (15 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:

 

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Discharge:

North Carolina Appellate Court Holds Guaranty and Lease are Separate Contracts; Guaranty may be Dischargeable in Bankruptcy
(DBN)

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Ch. 13:

BK WD TX: Notice: Adoption Of District Form Chapter 13 Plan
(DBN)

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Subordination:

Lehman Ruling Sets Stage For Future Subordination Contests
(DBN)

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Corporate Reform:

While DC deregulates, states step in as Wall Street's watchdog: Trump 'is not going to do anything'
(DBN)

Fischer: Don't Deregulate Wall Street Fed’s Fischer says Trump rollback of post-financial-crisis regulations boggles mind
(DBN)

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Healthcare:

Key Obamacare subsidies will continue being paid to insurers despite Trump threats to end them
(DBN)

Warfare helps explain why American welfare is different
(DBN)

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Travel:

Frequent-flyer miles are becoming worthless
(DBN)

Why Savvy U.S. Fliers Take Air Canada
(DBN)

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Coal:

Why US Coal Producers Are Having a Very Good Year
(DBN)

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Taxis:

GM's Maven assembling building blocks for ride, delivery services
(DBN)

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Fraud:

The US filed a $400 billion Libor claim on behalf of 39 banks rescued during the financial crisis
(DBN)

Pharma Bro Martin Shkreli Doesn’t Think He’s Going To Jail 'I think he's a greedy little man': Prospective jurors revealed contempt for 'pharma bro' Martin Shkreli
(DBN)

SEC Sues Ex-Bank Employee Over Tipping Friends About Deals
(DBN)

Lawsuit accuses Poland Spring bottled water of being a "colossal fraud"
(DBN)

2nd trial date set for April 2018 for ex-NY Assembly Speaker Sheldon Silver on corruption charges
(DBN)

Convictions upheld for 4 executives accused of Ponzi scheme
(DBN)

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Accounting:

PwC Fined $6.6 Million in Largest-Ever Penalty From Watchdog
(DBN)

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Brides:

Gown Girl: How a Miami Bankruptcy Lawyer Bailed Out Hundreds of Brides
(DBN)

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Electricity:

Buffett's Berkshire Hathaway will not increase its Oncor offer Buffett's $18bn Texan utility deal risks collapse Elliott Moves to Block Berkshire's Oncor Bid; Buffett Stands Pat
(DBN)

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Currency:

Bitcoin is back near its record high
(DBN)

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Maritime:

Just 15 of the biggest ships emit more oxides of nitrogen and sulphur than all of the world's cars put together
(DBN)

Shipping company Maersk says June cyberattack could cost it up to $300 million
(DBN)

Giant shipping firms ride consolidation wave to dominate sector The Shipping Giants Are Seizing the Oceans
(DBN)

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Banking:

She Started as a Teller. Now She’s the Highest-Ranking Woman in Banking
(DBN)

Maxine Waters and Elizabeth Warren say Wells Fargo's board changes don't go far enough
(DBN)

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Corporate Governance:

Companies are Facing Pressure on Multiple Fronts to Improve Board Diversity
(DBN)

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UK:

Theresa May condemns far-right views after Trump Charlottesville remarks
(DBN)

East Midlands insolvency risk deepens
(DBN)

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EU:

Wiped-Out Creditors Await Delayed Payout in Debt Swaps Snag
(DBN)

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Canada:

Head of Sears Canada steps down to launch bid for troubled retailer
(DBN)

Minimum wage bill will ' bankrupt ' municipalities, mayors warn premier
(DBN)

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Germany:

Air Berlin CEO says national disaster avoided thanks to govt loan Loan allows Air Berlin to keep flights going through November Etihad-linked bonds drop again after Air Berlin bankruptcy Sale of Air Berlin slots offers rare German entry ticket Merkel says unlikely German taxpayers will fund Air Berlin rescue Thomas Cook ready to play active role in Air Berlin's future CB investors on the hook after Air Berlin files for bankruptcy Air Berlin aims for asset sales to at least two buyers by end-Sept -CEO Air Berlin CEO blames delays to new airport for insolvency Insolvent Air Berlin says it's in talks with three potential buyers German gov't calls for quick Air Berlin deal
(DBN)

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India:

Jaypee Infratech insolvency case: All you need to know Sympathy is with buyers, says Jaitley Protecting home buyers' interest: Should banks stand guarantee for advances paid by consumers? Jaypee home buyers in a tizzy over refund
(DBN)

Amtek Auto Urgently Needs Working Capital, Says Insolvency Professional Insolvency professional seeks cooperation to keep Amtek Auto’s operations on going
(DBN)

Bad loans crisis: Now, banks to take on small borrowers; here is what you should know
(DBN)

Government Plans To Wrap Up Sale Of Air India Before Year End
(DBN)

Sebi eases rules for lenders buying stake in distressed companies
(DBN)

How India's Debt Could Kill Its Growth
(DBN)

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Venezuela:

Dumping Venezuela's debt may just be a start for ethical bond buying
(DBN)

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MENA:

Etihad-Backed Bonds Slump as Second Partner Airline Fails
(DBN)

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Mozambique:

The unexpected Mozambican debt crisis: illegitimate debt back on the international agenda
(DBN)

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Russia:

Russia Bank Cull Not Over as Rating Firm Says Owners to Pay
(DBN)

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