August 30, 2017

The Daily Bankruptcy News

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Because The Daily Bankruptcy News is located in the Houston metro area, operations may be affected by Hurricane Harvey-related weather



Law:

Bonus Watch: Litigation Powerhouse Announces Special Bonus Pool Quinn Emanuel adds bonus plan to retain associates
(DBN)

Pay Up: Female lawyers are working for income fairness—by suing their firms
(DBN)

Feds started criminal investigation of Charlotte School of Law, according to civil filing Former Charlotte Law Prof's Whistleblower Lawsuit Claims School Bilked $285 Million From Taxpayers
(DBN)

How long will Harvey's floodwaters keep Houston law firms and courthouses closed? Louisiana closes several courts; law firms and law schools in Houston remain shuttered As Hurricane Shuts Down Houston, Law Schools and Firms Respond The Impact Of Hurricane Harvey On Houston Law Schools Sylvester Turner, Houston's Mayor, Was First a Lawyer (and Harvard Law Alum)
(DBN)

Lawyers Gear Up to Help Victims of Hurricane Harvey How can lawyers help Hurricane Harvey victims? Disaster response attorneys share tips (podcast) Law Dean Takes Us Inside Houston Convention Center-Turned-Shelter
(DBN)

The Top 100 Law Schools, Based On 5-, 10-, And 15-Year Rolling Average U.S. News Rankings
(DBN)

Big Law's Newest Competition for Talent Is an Old Foe
(DBN)

Should law firms have taken a public position on Trump and Charlottesville?
(DBN)

Lawyers, You Are to Blame for Donald Trump
(DBN)

Associate's Survival Guide: How to Adapt to the Changing Business of Law
(DBN)

As Firms Centralize Management, Are Equity Partners Employees?
(DBN)

Law Firm Hosts an Evening of Art Imitating Life
(DBN)

‘Reeling’ Sedgwick loses a dozen lawyers; firm has seen more than 30 partners exit in ‘17 Sedgwick has lost at least 33 partners since the beginning of the year
(DBN)

Heather Heyer's Law Firm Starts Foundation in Her Honor
(DBN)

Attention 1Ls: This Is Law School Bingo And It Will Save Your Life
(DBN)

The fun's over! Tiffany Trump hits the books on her first day at Georgetown Law
(DBN)

Law School Posts Job Listing Seeking ‘Wives’ Of Students
(DBN)

Legal Rebels: Pattern of Progress
(DBN)

Ways to record, bill and save those minutes at work
(DBN)

The good, the bad and the ugly: Law firms give their views on clients
(DBN)

So you're working at a law firm and you meet a jerk. Now what?
(DBN)

The Problem With Legal Tech
(DBN)

Newly Launched Index Tracks Innovation and Tech Adoption at Law Firms
(DBN)

New 'Innovation Index' Tracks Law Firm Technology Focuses
(DBN)

UC Berkeley’s Chief Counsel Killed In Hit-And-Run Crash
(DBN)

Houston Mayor Will Represent People Deported After Calling For Help During Hurricane Harvey
(DBN)

Lawyers to Harvey victims: File insurance claims before law changes Sept. 1 or risk losing money
(DBN)

What To Do When Disaster Strikes In Law School
(DBN)

Arpaio falsely ties conviction to Obama administration Arpaio Pardon: Unmerited, Impulsive
(DBN)

The best law books that aren’t To Kill a Mockingbird
(DBN)

Harper Lee Prize Goes to Boies Schiller Counsel: 12th book in series takes top honor
(DBN)

The Sexy Associate and the Seductive Partner? Ex-Lawyer Has Written Them All
(DBN)

Young Couple Arrested For Fairway S--
(DBN)

Cops: Woman Called 911 Over Meth Quality
(DBN)

Boyfriend of slain reality show lawyer found guilty; faces 16 years to life in prison
(DBN)

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Judges:

BK SD TX: Impact Of Hurricane Harvey On Court Operations
(DBN)

Former Social Security judge, 81, gets prison time, must repay more than $94M
(DBN)

Houston-Area Courts Crippled by Hurricane Harvey
(DBN)

Watch Your Mouth, Your Honor: Lessons for Judges on Social Media
(DBN)

Federal Judge Evokes Dr. Seuss
(DBN)

Federal Judge Sanctions CFPB by Dismissing Claims
(DBN)

Judge Kristi Harrington On Why Every Lawyer Can Benefit From Practicing Yoga
(DBN)

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Wall Street:

US stock futures point to higher open before US GDP data
(DBN)

Stocks close higher as Wall Street shakes off US-North Korea tension
(DBN)

S&P 500 Earnings Dashboard
(DBN)

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Layoffs:

U.S. coding school Galvanize to lay off 11 percent of workforce
(DBN)

Comcast laying off 200 at Oak Brook sales center
(DBN)

Citi: Retail jobs will 'vanish' due to technology and it 'will affect every city and region'
(DBN)

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Retailing:

Beware of the ABL Trap: The Challenges of Retail Chapter 11 Debtors and Asset Based Lending
(DBN)

Perfumania, Distributor of Several Trump-Branded Colognes, Files for Bankruptcy
(DBN)

Finish Line's stock plunge highlights retailer woes
(DBN)

Sears Collateral Coverage Event
(DBN)

People Say They Like Department Stores, Even if They Don’t Shop There
(DBN)

Sears reportedly losing suppliers as vendor insurance rises
(DBN)

Local Goodwill stores concerned after bankruptcy filing
(DBN)

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Politics:

New poll shows Republicans are much more uneasy about Trump's actions than we've seen Republicans Divided in Views of Trump’s Conduct; Democrats Are Broadly Critical
(DBN)

Survey: Most Americans disapprove of Trump's conduct Just 20% of Americans under 30 approve of Trump: poll Trump Now Paying the Price for His Behavior
(DBN)

'What a crowd, what a turnout,' Trump says while visiting Texas amid Hurricane Harvey
(DBN)

Congress is looking at Trumpworld's Russia emails Mueller Team Asking if Trump Tried to Hide Purpose of Trump Tower Meeting Trump's Business Record in Russia Is Humiliating Mueller Probe Into Russian Meddling Faces Budget Threat Lawyer Cohen says he discussed Moscow tower with Trump during the campaign Trump Jr. to talk to Senate panel about Russian lawyer meeting A timeline of Trump associates' Russia-related emails reveal consistent efforts by Russia to infiltrate the campaign Trump and Russia: The New Cohen Campaign News
(DBN)

White Supremacists Joked About Using Cars to Run Over Opponents Before Charlottesville
(DBN)

How to Get Rich in Trump's Washington
(DBN)

Steve Bannon Opens New Front Against GOP
(DBN)

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Economy:

Market thinks Fed could hold off on rate hikes for another year — at least
(DBN)

Yellen Sets Out Her Stall for Trump
(DBN)

Another Milton Friedman Theory Destroyed
(DBN)

The Impact of Harvey on Unemployment Claims
(DBN)

The dollar tumbles to its lowest level since January 2015
(DBN)

U.S. Economic Confidence Edges Down Last Week
(DBN)

Consumer Confidence Reaches 16-Year High
(DBN)

Mexico Readies Plan B is NAFTA Talks Fail
(DBN)

Why Trump Won't Keep His Promise to Create Jobs
(DBN)

Trump says a corporate tax cut would create more jobs. Economists aren’t so sure.
(DBN)

Conservatives draw battle lines in debt-ceiling fight Top Budget Expert Thinks We’re Headed for a Government Shutdown
(DBN)

Hurricane Harvey throws another wrinkle into Congress' wild 'budget brawl'
(DBN)

US Economy in Decent Shape Despite Drop in Durable Goods Orders
(DBN)

Trump's trade threats are based on a deep misunderstanding of the US-China economic relationship
(DBN)

JP Morgan: Don’t Expect Tax Reform This Year Trump Still Has No Tax Reform Plan to Pitch Robert Samuelson: Why Trump’s Tax Reform Won’t Work The most powerful business lobby has no ideas for tax reform Martin Feldstein Is Optimistic About Tax Cuts, and Long-Term Deficits Trump is going to pitch his massive tax plan as 'unrigging the economy'
(DBN)

'Only morons pay the estate tax,' says White House's Gary Cohn
(DBN)

How robots will help take care of older Americans
(DBN)

Alan Simpson: AARP is a 'monstrous organization' that blocks changes needed to save Social Security
(DBN)

Hotels: Occupancy Rate up Year-over-Year
(DBN)

Where Harvey is hitting hardest, 80 percent lack flood insurance
(DBN)

The History of Consumer Credit in One Giant Infographic
(DBN)

There's Something the Matter With Ohio
(DBN)

Calculating the Disaster's Economic Impact
(DBN)

The Real Minimum Wage Keeps Getting Smaller. Here’s Why
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

Case-Shiller: National House Price Index increased 5.8% year-over-year in June
(DBN)

Court Hits Nationstar with $40,000 in Punitive Damages since its Delay in Following Court Orders Caused Debtor to Incur Damages
(DBN)

Fannie Mae, Freddie Mac suspend foreclosures and evictions in wake of Hurricane Harvey
(DBN)

Vultures Begin to Circle Commercial Real Estate
(DBN)

Lower Property Taxes are Silver Lining for Landlords in Weak Retail Market
(DBN)

HUD tightens requirements for loans seniors can take against their homes
(DBN)

The 8 hottest housing markets in America right now
(DBN)

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Municipalities:

A banker’s view of the Puerto Rican debt crisis
(DBN)

How Detroit’s Mayor Became Unbeatable
(DBN)

Municipal Bonds, Big Squeeze Getting Tighter - Bankruptcy No Longer Rare
(DBN)

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Oil/Gas:

Texas Shale Hit Hard By Hurricane Harvey
(DBN)

US refiners brace for more punishment from Tropical Storm Harvey Harvey threatens more U.S. Gulf refineries, supply constraints emerge
(DBN)

Crude slips, gasoline jumps as storm shuts a fifth of U.S. fuel output
(DBN)

Harvey sends gasoline prices higher
(DBN)

Harvey's energy toll
(DBN)

Oil Demand is Soaring, Prices Will Rise
(DBN)

Oil Prices Set To Rise as Supply-Demand Gap Closes Up
(DBN)

Prolonged Shutdowns From Harvey Could Strand Shale Output
(DBN)

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Religion:

Archdiocese bankruptcy plans face off in court Abuse victims, archdiocese argue compensation in bankruptcy court Federal judge hears arguments over Twin Cities archdiocese bankruptcy plan Judge signals concerns about creditors ' plan for bankrupt archdiocese
(DBN)

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Resorts:

Could Daufuskie Island’s shuttered Melrose Resort soon have a new owner?
(DBN)

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Weather:

Harvey makes second landfall as it hits Louisiana Harvey has dumped more water on Houston than half the country has seen all year Harvey floodwaters are becoming dangerous pools of bacteria and disease Houston police chief: 'I'm really worried about how many bodies we're going to find' Governor Abbott Warns Of Long, Slow Recovery Houston's Bridges, Roads Start to Fail The Evacuation That Wasn't Texas pastor Joel Osteen responds to backlash over not opening his megachurch to Harvey victims How Texas Failed to Plan for Disasters Hurricane Harvey Hits Hard on Texas Crops Sandra Bullock Donates $1M for Flood Relief Professor Fired: Blamed Harvey on GOP Massive Texas vaults ready to truck cash to Harvey-devastated areas, says ex-Dallas Fed president Two major reservoirs overflowing uncontrolled near Houston, officials say Airline stocks fall as airports remain closed in Texas Here's the most important thing about rebuilding Houston after Harvey Most Harvey flood victims uninsured, face big bills alone Harvey, by the numbers Harvey's tragedy too vast to measure Houston took them in after Katrina. Then Harvey hit. Houston’s Dams Won’t Fail. But Many Homes Will Have to Be Flooded to Save Them
(DBN)

Texas chemical plant in critical condition, raising possibility of explosion
(DBN)

Majority of Hurricane Harvey homeowners uninsured and face billions in damages Why 85% of Houston homeowners have no flood insurance Harvey: The Case for Flood Insurance Reform
(DBN)

House Republican introduces measure to defund key climate research
(DBN)

Employer Best Practices In Times Of Emergency
(DBN)

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Healthcare:

Obamacare kept reducing uninsured rate during Trump's first months in office
(DBN)

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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 (54 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (81 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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Mediation:

So . . . What’s a Mediator to Do?
(DBN)

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Litigation:

A Half-Billion Dollar Bet: Burford Director Dishes on Lit Funding Industry's Future
(DBN)

Lawyers have to move on from witnesses who won't budge
(DBN)

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Bar Dates:

The Bar Date Is Like A Statute Of Limitations; It Must Be Followed
(DBN)

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Pensions:

Report Details Radical Public Pension Changes in Kentucky
(DBN)

Who Was Responsible for Protecting the St. Joseph Pension Fund?
(DBN)

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Maritime:

Rickmers completes winding up, bonds to be delisted
(DBN)

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Coal:

Peabody Says Bankruptcy Shields Coal Miner From Climate Change Lawsuits
(DBN)

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Gambling:

Caesars hopes to exit bankruptcy by October
(DBN)

Icahn Quadruples His Money in $600 Million Las Vegas Resort Deal
(DBN)

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Derivatives:

ISDA expected to address chaos over Noble CDS on Wednesday
(DBN)

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Debt Relief:

A Law Firm 'Cleverly' Used Ellipses to Fight a CFPB Investigation. But It Still Lost.
(DBN)

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Celebs:

"Real Housewives" star found liable for fraud in transferring clothing license during bankruptcy
(DBN)

Jac’s Nightmare! Laurita’s Hubby Chris Guilty Of Fraud In Bankruptcy Case
(DBN)

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Autos:

Hecker and DOC sued by bankruptcy trustee for unclaimed funds
(DBN)

GM is preparing for the death of car ownership in cities
(DBN)

Auto Industry Feels Harvey's Impact
(DBN)

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UK:

Woolworths 2.0: Major high street retailer in Britain on brink of COLLAPSE
(DBN)

One of your fave high street shops might be going bankrupt
(DBN)

Juncker blasts Britain for 'huge' unanswered Brexit questions
(DBN)

Boris Becker has denied bankruptcy hearings are to blame for visa problems
(DBN)

Why a lengthy transition period really could kill off Brexit
(DBN)

Sudden spike in the amount British manufacturers are borrowing
(DBN)

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Canada:

CRA’s Super Priority Gains Strength: Federal Crown’s deemed trust priority for unremitted GST/HST survives bankruptcy in Canada v. Callidus Capital Corporation
(DBN)

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Germany:

Airberlin to cut long-haul routes following insolvency Lufthansa Wants More and More of Air Berlin's Remains Lufthansa wants Air Berlin long-haul planes - source Germania asks court to block govt bridge loan to Air Berlin Legal challenge won't delay state aid for Air Berlin - ministry Germania questions state loan for troubled Air Berlin
(DBN)

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India:

A 94% Haircut Won't Help India's New Bankruptcy Regime
(DBN)

Why the first case of corporate debt resolution should alarm RBI, government
(DBN)

Individual Bankruptcy Provision Under IBC Yet To Be Notified
(DBN)

Loan defaulters' shares tank on news of RBI's second insolvency list
(DBN)

Insolvency & Restructuring Legal Updates.
(DBN)

Top 50 defaulters in the dock, RBI readies second list
(DBN)

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Japan:

Japan: Restructuring & Insolvency 2017
(DBN)

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MENA:

Debt-Laden Steel Giant Shows Signs of Recovery
(DBN)

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Brazil:

Brazil court keeps Oi's Anatel debt in restructuring -company
(DBN)

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China:

China's Bad Banks Go Rogue
(DBN)

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