August 23, 2017

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Clients of Disgraced Ex-Bankruptcy Lawyer to Receive Payment
(DBN)

These four variables affect client retention, DLA Piper study found
(DBN)

Rejection Letter Of The Day: This Biglaw Firm Doesn’t Care About Your Name
(DBN)

'No More Time Sheets': Paul Hastings Deal Partner Goes Solo in Atlanta With Fixed-Fee Model
(DBN)

Lawyers procrastinate for over an hour a day
(DBN)

Recruiter Seeks $1.3M from Baker Donelson Over Unpaid Merger Fee
(DBN)

Attorney says Steptoe trying to arbitrate gender bias suit to keep it out of the public eye
(DBN)

Supreme Court Clerk Bonuses Hit An Incredible New High
(DBN)

The Risk of Border Searches for Lawyers
(DBN)

U.K. Seeks to Protect Role of London Courts, Lawyers Post-Brexit
(DBN)

TX: Porter Hedges inks lease to stay in downtown headquarters
(DBN)

How Are Lawyers Supposed To Have More Security Than HBO?
(DBN)

Mueller Uses Classic Prosecution Playbook Despite Trump Warnings
(DBN)

How To Exit With Grace: An Employment Lawyer’s Perspective
(DBN)

Seeking greater diversity, law firms are asking universities to study their workplace policies in action
(DBN)

GCs find new urgency in longtime push for diversity
(DBN)

The Best Biglaw Firms For Minority Attorneys Who Want To Make Partner
(DBN)

What Was The Best Biglaw Summer Associate Event Of 2017?
(DBN)

A look at diversity at midsize law firms: Hiring practices, location factors and more
(DBN)

Tips for the Well-Dressed (Male) Lawyer
(DBN)

What Can Law Firms Do To Promote Well-Being? Suggestions From National Task Force on Lawyer Well-Being
(DBN)

How To Market Your Law Firm On Facebook Without Losing Time And Money
(DBN)

Law firm scrubs partner from its website after article claims he ran neo-Nazi record label
(DBN)

Bad immigration lawyers hard to find, harder to stop
(DBN)

Jury refuses to convict in 2014 Bundy ranch standoff
(DBN)

Fearing sanctions if he continues, disbarred attorney's counsel asks to be let off the case
(DBN)

Federal Judge Strikes Down Car Seizure Law
(DBN)

Missouri governor stays execution amid DNA exoneration claim
(DBN)

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Judges:

Suspect killed after shooting judge was father of teen athlete in high-profile case
(DBN)

Penn State frat prosecutor faces ethics hearing over fake Facebook page, judge texts
(DBN)

BK NV: The Bankruptcy Bugle Newsletter (August 2017) Issue Available
(DBN)

Post-Charlottesville, Justice Roger Taney Statues Are Removed, but Not at the Supreme Court
(DBN)

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Wall Street:

Dow rally poised to peter out, as Jackson Hole comes back into focus
(DBN)

Dow surges 196 points, posts best day since April on hope for tax reform
(DBN)

Stocks are flashing a bigger warning sign than they did for Brexit and the US election
(DBN)

Wall Street rallies on tax reform hopes
(DBN)

Market shouldn't get too excited about tax reform — yet
(DBN)

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Layoffs:

Blue Apron puts hiring freeze in place, cuts recruiting staff
(DBN)

A major supermarket baker is facing closure – risking 250 jobs
(DBN)

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Travel:

Couple Who Engaged In S-- Act Aboard Southwest Airlines Flight Questioned
(DBN)

LA Metro Riders Face $75 'Manspreading' Fine
(DBN)

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Politics:

President Trump’s list of false and misleading claims tops 1,000
(DBN)

Here’s How the Trump Brothers Are Running the Family Business
(DBN)

Trump Dossier Author Reveals Sources To FBI
(DBN)

Breitbart and the far right start to turn on Trump over his Afghanistan decision Trump talks tough on Pakistan's 'terrorist' havens, but options scarce Trump's Plan to Save the Afghanistan Bush and Obama Built
(DBN)

Why Lee Should Go, and Washington Should Stay Charlottesville's Confederate statues to be covered with black fabric Trump rehashes his Charlottesville response at wild Arizona rally by reading different version of his original statement University barricades Confederate statue The People in Trump’s Orbit Who Rebuked Him After Charlottesville UT-Austin president: Historic significance of Confederate statues is compromised by what they symbolize Protests erupt at UNC over Confederate monument Pence says Confederate statues are state, local decision Keep Confederate statues in Congress: They let us know some states are proud of racism America must build statues against slavery and racism. It can start with these Is removing a Confederate statue an attack on history? The way that Taiwan, India, and other countries deal with statues that symbolize ugly pasts Baltimore mayor on Confederate statues: 'Why should people have to feel that pain every day?'
(DBN)

Pierson: Slavery is Part of Our Good History
(DBN)

Trump’s Approval Rating Dips Below 40% for First Time After Charlottesville More Voters Want Pence as President Than Trump, Poll Shows
(DBN)

17th Charity Cancels Event at Mar-a-Lago
(DBN)

An Iowa GOP leader has been accused of stalking and threatening his ex-fiance
(DBN)

Trump's Scary and Disturbing Rally 'Downright Scary And Disturbing' James Clapper blasts Trump's campaign rally in Arizona Clapper: I Question Trump's Fitness For Office, Wonder If He Is "Looking For A Way Out" Trump details his agenda during Phoenix rally Trump Lashes Out at Phoenix Rally 'A total eclipse of the facts': Don Lemon unloads on Trump's 'unhinged,' 'embarrassing' speech Donald Trump's Phoenix speech, fact-checked Donald Trump's Phoenix speech, fact-checked Trump: 'If we have to close down our government, we're building that wall' An onstage version of Trump 'screaming at the television' 'Very Presidential': Trump applauds himself for not naming John McCain and Jeff Flake as he railed against them 'I think he'll be just fine': Trump hints at pardon of controversial former Arizona sheriff Joe Arpaio Trump calls media un-American Protests turn unruly after Trump's campaign rally in Arizona Police Use Pepper Spray on Trump Protesters Trump: We Are "Liberating" Our Towns of Illegal Immigrants, Gangs
(DBN)

Breitbart emails leaked, editor vows to do Bannon's "dirty work"
(DBN)

Trump and McConnell Locked in a Cold War, Threatening the G.O.P. Agenda Mitch McConnell openly doubts Trump’s ability to lead the Republican Party Trump and McConnell are reportedly not talking to each other McConnell, in Private, Doubts if Trump Can Save Presidency
(DBN)

Republicans lost faith in Congress faster than in Trump
(DBN)

Trump’s Rust Belt Base: It’s Not His Fault
(DBN)

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Economy:

Yellen's coming speech could mark the 'end of an era'
(DBN)

Fed Reports Record High for Consumers’ Household Income Growth Expectations
(DBN)

Richmond Fed: "Manufacturing Activity in August Remained Little Changed from July"
(DBN)

Is Trump killing the dollar?
(DBN)

Trump threatens shutdown over border-wall funding, predicts end of NAFTA
(DBN)

Here’s what investors will be watching when Draghi, Yellen speak at Jackson Hole
(DBN)

There’s a reason so many Americans feel they haven’t made economic progress
(DBN)

Six reasons why most Americans aren’t getting big pay raises
(DBN)

Chemical Activity Barometer Shows Modest Slowing in August
(DBN)

Business Gets Bigger Even as Americans Prefer Small
(DBN)

Interactive: Visualizing Median Income For All 3,000+ U.S. Counties
(DBN)

People Start Hating Their Jobs at Age 35
(DBN)

These 17 US companies have the biggest piles of cash
(DBN)

The Wall: The real costs of a barrier between the United States and Mexico
(DBN)

Labor Wants to Make NAFTA Its Friend. Here’s the Problem.
(DBN)

Business leaders split on taking 'a moral line' against Trump
(DBN)

Unsettling study zeroes in on how economists talk about women online
(DBN)

Trump's lack of progress is crushing one key area of the stock market
(DBN)

Steve Mnuchin's wife bashes a woman for being 'adorably out of touch' and paying fewer taxes than her The treasury secretary’s wife just apologized for a ‘highly insensitive’ Instagram post Mnuchin’s ‘Adorable’ Wife Went to Law School That Had Accreditation Yanked
(DBN)

Economists still can't decide whether the minimum wage is a good thing
(DBN)

The Boring Little Budget Office That Trump Hates
(DBN)

Payouts to Foxconn could bankrupt Wisconsin
(DBN)

This map shows what $100 is really worth in your state
(DBN)

Why are women quitting work so soon after 50?
(DBN)

Business Is Betting on a Future Beyond Trump
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

Popular mortgage deduction could get a haircut in tax reform
(DBN)

MBA: Mortgage Applications Decrease in Latest Weekly Survey
(DBN)

Toll Brothers posts a big earnings beat Toll Brothers' revenue misses, cuts FY gross margin view
(DBN)

Fannie Mae joins Freddie in allowing appraisal-free purchase mortgages
(DBN)

Naval Hospital bankruptcy case involving Charleston County heads to trial
(DBN)

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Municipalities:

Could Puerto Rico Be the Next Hot Tax Haven?
(DBN)

In the Red: Puerto Rico's Fiscal and Democratic Deficits Laid Bare
(DBN)

Virgin Islands Debt Concerns (Audio)
(DBN)

Drowning in debt, Connecticut faces budget crunch
(DBN)

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Oil/Gas:

Two October surprises could boost oil prices above $50
(DBN)

Is This The First In A Slew Of Megadeals In Oil ?
(DBN)

Strong Inventory Draws Suggest OPEC Deal Is Working
(DBN)

The Incoming MBTA GM's Former Company May Face Bankruptcy

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Retailing:

Attorney says store closures could fuel a retail ‘Armageddon’
(DBN)

Sears Inks Licensing Deals for Kenmore, DieHard Brands
(DBN)

Sears Holdings: 2 Recent Retail Earnings Reports Raise More Red Flags
(DBN)

San Bernardino's Carousel Mall closes
(DBN)

Lowe’s Trails Home Depot in Remodeling Boom Amid Profit Miss
(DBN)

Macy's CEO says management changes, job cuts target faster sales, better margins
(DBN)

Foot Locker: Time To Abandon Ship
(DBN)

Lowe's earnings, sales miss Street estimates; shares fall 4%
(DBN)

Court approves $60 million post- bankruptcy loan for True Religion
(DBN)

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Mass Torts:

How a jury determined the most innocent product in America hid a deadly secret Emailed photo that arrived as talc trial began among new evidence credited in $417M cancer verdict
(DBN)

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Sports:

Ruling renders future of Middletown sports complex uncertain Bankruptcy judge sides with town in dispute over sports park
(DBN)

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Newspapers:

Alaska's Largest Newspaper Still in Print for Now ADN buys time
(DBN)

Village Voice to end its print edition after 61 years
(DBN)

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Healthcare:

Quality Care Takes Legal Action to Wrest Control Over 292 Care Facilities from HCR ManorCare
(DBN)

Only one county in US remains without an Obamacare insurer for 2018
(DBN)

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Food/Beverage:

These big chain restaurants are expected to close stores across the country
(DBN)

TerraVia auction set for September 11
(DBN)

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Banking:

Feds Investigating Wells Fargo Sudden Account Closures
(DBN)

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Energy Storage:

Alevo's bankruptcy illustrates the pitfalls newcomers face in energy storage markets
(DBN)

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New Bankruptcy Opinions
(6 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 (8 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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Removal:

Parties Can’t Remove District Court Suits to Bankruptcy Court
(DBN)

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Insurance:

The Life Settlement Industry – Bankruptcy Issues – Part 3
(DBN)

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Mediation:

A Court Assesses Damages for Unreasonable Refusals to Engage in Mediation
(DBN)

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Jurisdiction:

No bankruptcy jurisdiction over severance pay claims
(DBN)

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Fraud:

Martin Shkreli Was ‘His Own Worst Enemy,’ Juror Says
(DBN)

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Pensions:

Harvey pension fund “on the verge of default or bankruptcy ”
(DBN)

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Hedge Funds:

A $3.4 billion hedge fund's letter raises a fundamental question about the future of the industry
(DBN)

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Electricity:

Buffett's Berkshire Spared From S&P Downgrade After Oncor Deal Collapses
(DBN)

Billionaires like Buffett are chasing reliable income that comes from utilities like Oncor
(DBN)

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Autos:

The revival of the auto industry drove the factory sector out of recession; the flipside doesn’t look promising
(DBN)

More indictments pile up against antique car dealer
(DBN)

Are America's Car Companies for Sale?
(DBN)

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Debt Collection:

Lawyers Must Face Debt Collection Lawsuit, Appeals Court Says
(DBN)

District Court Holds 1099-C Language Not in Violation of FDCPA or ICAA
(DBN)

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Taxis:

Mutual funds reportedly mark down investments in Uber by up to 15% Reuters 5 Hours Ago
(DBN)

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Student Debt:

Older Americans Have More Student Debt Than Ever, Face ‘Overly Complex’ Loan Servicing System
(DBN)

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Religion:

Across the nation, priest abuse cases haunt Catholic parishes
(DBN)

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Nuclear:

Utility sale could leave taxpayers with $4B of nuclear debt
(DBN)

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Coal:

Trump's relationship with the coal industry is going south — and one CEO claims the president broke a personal promise Coal CEO expected Trump help, but administration said no Trump rejects cry for help from coal execs A coal country dispute over an alleged Trump promise unmet
(DBN)

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UK:

Dominic Chappell to be prosecuted over BHS collapse The man who bought BHS for £1 is being prosecuted by the pensions watchdog
(DBN)

'Life-changing consequences:' HMRC warns on risks of hiding wealth offshore in new crackdown
(DBN)

North East insolvency risks continue to rise
(DBN)

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Canada:

Lawyers argue about which competing bid for Winnipeg Sears store should proceed Sears employees argue last-minute bid for Winnipeg store should be allowed
(DBN)

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India:

India’s top court says Muslim practice of instant divorce is unconstitutional
(DBN)

Orchid Pharma Likely To Challenge Insolvency Proceedings At NCLT
(DBN)

Forced insolvency taking India deals to US$80 bil, Moelis says
(DBN)

Banks may face a big hit on insolvency provisioning norms
(DBN)

India's Bad Loan Rate Soaring to Near 10% Dwarfs China's
(DBN)

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Germany:

Ryanair would like to buy Germany's second largest airline under one condition Ryanair's O'Leary Would Be Interested in Buying All of Air Berlin TUI's Air Berlin Interest Confined to Safeguarding Own Staff EasyJet in talks to take over large chunks of Air Berlin services: report Air Berlin carve-up going at 'full steam' among three bidders Air Berlin Creditors To Approve Niki Sale Air Berlin creditors meet as bidders jockey for position
(DBN)

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France:

New Investment Club Seeks To Turn Around Failed French Businesses
(DBN)

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South Africa:

Joburg on verge of bankruptcy : ANC
(DBN)

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Russia:

Moscow judge and lawyer suspected of corruption, attempted embezzlement
(DBN)

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Belguim:

Bankruptcy statistics - July 2017
(DBN)

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