August 4, 2017

The Daily Bankruptcy News

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Law:

Partner in Sex Bias Case Says Norton Rose Fulbright Pushed Chadbourne to Fire Her
(DBN)

Hunton Promotes NY Bankruptcy Lawyer To Counsel
(DBN)

Ex-Armstrong Teasdale partner's age bias suit moves forward
(DBN)

Linklaters lads email cc-ed to female partner, goes viral
(DBN)

Just 1 in 4 lawyers in New York civil and criminal courtrooms are women, state bar says
(DBN)

Litigation Finance: The New Big Law Exit?
(DBN)

Norton Rose Fulbright raises salaries for all junior lawyers
(DBN)

Forget 'The Paper Chase,' This Prof Wants a Warm, Fuzzy 1st Day of Law School
(DBN)

Thanks to shrinking class sizes, a greater percentage of new law grads find employment
(DBN)

Law Mart: Justice, Access, and For-Profit Law Schools
(DBN)

Suit claims Harvard admissions policy discriminates against Asian-Americans; is DOJ investigating?
(DBN)

Top FBI officials could testify against Trump
(DBN)

Report: Mueller has a grand jury Senators introduce bipartisan bill to keep Trump from firing special counsel Mueller Mueller's investigation reportedly includes Trump's finances Grand Jury Issues Subpoenas in Trump Jr., Russia Meeting Mueller Plunges Across Trump's Red Line
(DBN)

Sleep deprivation makes us useless at work, study shows
(DBN)

The 10 Technologies That Most Drive Law Firm Effectiveness, According to New Survey
(DBN)

The leaked Baltimore police video has killed their ‘credibility' and led to an avalanche of dropped cases
(DBN)

Man, 73, banned from Volusia beaches for handing out cards seeking 'sugarbaby'
(DBN)

Cannabis Grower Buys California Town to Build Pot-Friendly Outpost
(DBN)

DOJ Affirmative Action Case a Limited One
(DBN)

Former US attorney charged with aggravated stalking of ex-girlfriend Ex-US Attorney accused of violating protection orders, stalking ex-girlfriend
(DBN)

U.S. Justice Department to cities: Focus on crime committed by illegal immigrants
(DBN)

Texas lawyer pleads guilty to $27 million workers comp fraud
(DBN)

Chick-fil-A patrons trash restaurant over cold nuggets
(DBN)

Cucumber Rage Leads To Man's Arrest
(DBN)

Troubled publicly-listed firm Slater & Gordon plans to axe dozens of UK lawyers
(DBN)

Newspaper wrongly claims lawyer has full-face tattoo
(DBN)

Woman sentenced to 15 months in texting suicide case, stayed pending appeals A 20-year-old who urged her boyfriend to kill himself has been sentenced to 15 months in jail — here's how hundreds of text messages led to tragedy
(DBN)

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Judges:

E-filing system at Supreme Court will make new filings accessible for free
(DBN)

Judges, drug court officials targeted by pharmaceutical company regarding its anti-opioid medication
(DBN)

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Wall Street:

U.S. stock futures in holding pattern ahead of key jobs report
(DBN)

Stocks struggle after lackluster services report Dow ekes out another record as U.S. stocks close mostly lower
(DBN)

These 25 stocks in the S&P 500 just hit record highs
(DBN)

The Problem With Taking Credit for a Soaring Stock Market How Do Trump's Dow Records Stack Up?
(DBN)

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Layoffs:

Pearson cuts another 3,000 jobs, slashes dividend to revive business
(DBN)

US Planned Layoffs Fall, Hiring picks up in July - Challenger
(DBN)

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Politics:

Trump — and Russia — slam Congress over new sanctions law Trump 'weighed in,' but how heavy is that in the Russia investigation? The Russians Are Glad Trump Detests the New Sanctions 3 times the Trump team changed its story on Russia
(DBN)

U.S. Daily Worry Easing, but Still Up Since Trump Election
(DBN)

Poll: Voters want to see Dems win back Congress
(DBN)

Rod Wheeler’s Own Words Completely Destroy Multiple Claims In His Fox News Lawsuit
(DBN)

Journalist: At least 8 people heard Trump call the White House a ‘dump’ ‘Golf Mag is notorious left-wing propaganda’ Journalist challenges Trump over his White House 'dump' comment
(DBN)

Trump Fact Check: "The border is down 78 percent. Under past administrations, the border didn’t go down -- it went up."
(DBN)

Fox News anchor says Trump 'misrepresented the truth' — again
(DBN)

Why Trump Will Fire John Kelly
(DBN)

Cruel September looms for GOP GOP clash looms over raising the debt ceiling
(DBN)

Listen to the audio of Scaramucci's vulgar phone call with a New Yorker reporter that led to his firing
(DBN)

Trump erupted over refugee deal in call with Australian PM: 'They are not going to be wonderful people who go on to work for the local milk people'
(DBN)

Trump set to embark on 1st vacation since inauguration All the Times Obama Was Mocked for Vacations
(DBN)

Leaked Transcripts Show How Foreign Leaders Manipulate Trump Why Leaking Transcripts of Trump's Calls Is So Dangerous
(DBN)

Secret Service moves out of Trump Tower over alleged lease dispute Secret Service relocates from Trump Tower command post
(DBN)

Senate Stops Trump from Recess Appointments
(DBN)

Congress demands ethics disclosures from Trump White House
(DBN)

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Retailing:

Beyond Bankruptcy: How Failed Stores Come Back Online
(DBN)

Retail's not dead, and physical stores still matter, Goldman says
(DBN)

These 4 companies look Amazon-proof
(DBN)

Major Announced Store Closures
(DBN)

American Apparel Is Ready to Relaunch Its Website
(DBN)

‘Amazon Effect’ has Bankers Re-Examining Their Loan Portfolios, Tightening Underwriting
(DBN)

Here's how to pick retail companies that will survive the meltdown
(DBN)

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Brides:

Alfred Angelo finally tells its customers their dresses aren't coming This bridal chain is leaving customers' orders at the altar
(DBN)

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Food/Beverage:

A new start: Founding families officially buy back Strack & Van Til
(DBN)

Giant Dead Zone in Gulf of Mexico Traced to Meat Industry
(DBN)

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Ethanol:

EPA will reject change that Trump backer Icahn sought
(DBN)

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Startups:

7 lessons you can learn from my failed startup
(DBN)

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Nuclear:

'People Need to be Fired' Over Nuclear Plant Debacle, Lawmaker Says
(DBN)

Utility made failed plea for billion-dollar nuclear grant
(DBN)

Southern Company: Plant Vogtle price rises to $25B
(DBN)

Cherokee Co. nuclear site in trouble after contractor bankruptcy
(DBN)

Experts: V.C. Summer Failure Should Put An End To State And Federal Bailouts For Nuclear Industry
(DBN)

More setbacks for the nuclear power industry
(DBN)

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Government Contracts:

The Financially Distressed Subcontractor on a Government Contract: What a Prime Contractor Should Do to Protect the Project and Itself
(DBN)

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Economy:

ISM Non-Manufacturing Index decreased to 53.9% in July
(DBN)

July jobs report likely to show plenty of new jobs but no big wage gains for workers The Fed and Wall Street care more about wage gains than jobs in Friday's key report
(DBN)

Citibank says earnings growth will be the most important part of today's US payrolls report
(DBN)

Dollar hovers around 15-month low, looks for catalyst in jobs data
(DBN)

Weekly Initial Unemployment Claims decrease to 240,000 Weekly Initial Unemployment Claims Decrease Slightly for Week of July 29
(DBN)

U.S. Small-Business Owners' Optimism Highest in 10 Years
(DBN)

July Employment Preview Goldman: July Payrolls Preview
(DBN)

US Labor Market Tightening
(DBN)

Trump is right about this: Americans need to move where the jobs are
(DBN)

Why These Job Numbers Matter to the Fed
(DBN)

We visited Amazon's chaotic jobs fair and found a troubling insight about the American economy
(DBN)

Chicago Fed US financial conditions index is at the lowest (easiest) level in recent history. Ripe environment for asset bubbles
(DBN)

Retirement account balances have hit new highs, Fidelity says
(DBN)

'He has no patience for that kind of stuff': Some of Gary Cohn's old Goldman Sachs colleagues aren't sure he'd be a good Federal Reserve chair
(DBN)

Trump told Mexico's president in contentious call to stop publicly saying the country won't pay for the border wall Trump speaks a lot differently about his border wall in private call with Mexican president Trump admits he punked his supporters on Mexico paying for the wall Trump's 'humiliating' phone call with Mexico's president appears to be less sinister than thought
(DBN)

Trump is signaling he's about to lash out at China — here's what Beijing is thinking Trump Moves on China Making sense of the Trump administration’s possible economic actions against China Counterfeiting Putting the Squeeze on China Could Turn Into a Trade Disaster for Trump
(DBN)

Those throngs of applicants for Amazon warehouse jobs are sending a very troubling signal about the job market - Fed officials who think the economy is at full employment should get out more
(DBN)

Immigration battle brewing in the GOP Chopra: Here's the biggest problem with Trump's plan to slash immigration Trump's Immigration Dead End Investors, startups press DHS to keep foreign founder visas Trump Is Headed for Another Failure with a Deplorable Immigration Bill Trump Doesn't Care If His Proposals Become Law Fewer Immigrants Mean More Jobs? Not So, Economists Say Trump says banning immigrants helps US workers. A leading economist says he’s wrong
(DBN)

Apple owns $52.6 billion in US Treasurys -- more than many major countries
(DBN)

Here’s proof the average U.S. household isn’t the ‘dumb money’
(DBN)

Americans might be spending more than they can afford The same problems that caused the financial crisis are back
(DBN)

The financial and housing market rescue left many Americans behind
(DBN)

Employees are starting to get serious about saving for retirement
(DBN)

How Income Inequality Is Affected by Labor Share
(DBN)

GOP Leaders Expect a Bipartisan Debt Deal, But Talks Have Barely Begun
(DBN)

What Does 'Late Capitalism' Really Mean?
(DBN)

Toyota and Mazda plan to bring 4,000 jobs to the US
(DBN)

What's Not to Like About the Foxconn Deal? Maybe Everything Foxconn's Dubious Deal
(DBN)

Trump's budget director has caved on one of the biggest fights in Washington
(DBN)

Cities Adding the Most Jobs in Every State
(DBN)

This is the best state in the U.S. to pursue the American dream
(DBN)

Don't Try to Predict the Next Recession
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

Lessees Left in Limbo
(DBN)

Fannie Mae: Home prices surpass housing boom peak
(DBN)

Mortgage rates were flat this week
(DBN)

Luxury home prices soar as sellers come back down to earth
(DBN)

CRE: Is the real estate double bubble back?
(DBN)

With store closures accelerating, landlords are having to change course and find ways to create malleable space
(DBN)

Even small rent increases in these cities make people homeless
(DBN)

Congress wouldn’t do it, so Fannie and Freddie reformed themselves
(DBN)

Developer Lindemuth wants postponement of bankruptcy trustee
(DBN)

Multifamily Loan Origination Expected to Hit New Record This Year
(DBN)

Office Starts Surge on Strength, Stability of US Office Market at Midyear
(DBN)

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Municipalities:

University of Puerto Rico Seeks to Reduce Debt as Aid Drops
(DBN)

Puerto Rico July tax collection ahead of forecast -official
(DBN)

Puerto Rico Gasport Project Stalls Over Utility Bankruptcy
(DBN)

Amid Pressure, Puerto Rico Debt to Be Reviewed by Control Board US control board to probe Puerto Rico debt, ties to crisis
(DBN)

What’s With Puerto Rico and Its Relationship to the USA?
(DBN)

A Conservative Case for Puerto Rican Statehood
(DBN)

Bondholders Disclose $3 Billion of Puerto Rico Electricity Debt
(DBN)

Puerto Rico gov vows to fight possible furloughs amid crisis
(DBN)

Nearly 40,000 teachers in Puerto Rico vote to join American Federation of Teachers amid financial crisis
(DBN)

Puerto Rico's archbishop asks Congress for relief over debt crisis
(DBN)

The VI Budget Crisis: Part 15, Rum and Congress
(DBN)

Virgin Islands financial crisis may help put breaks on GovGuam borrowing
(DBN)

Bishop: Bankruptcy would kill recruitment of businesses to county
(DBN)

Threat of Bankruptcy Recedes for Atlantic City
(DBN)

Hartford: Sales tax hike, fiscal reforms are chips in budget negotiations
(DBN)

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Oil/Gas:

Third Circuit Denies Automatic Perfection of Oil Producer Liens
(DBN)

Pacific Drilling considers bankruptcy after CEO departure Pacific Drilling on verge of bankruptcy as CEO resigns
(DBN)

A legendary oil trader is shutting down his main hedge fund after losing 30% this year
(DBN)

Oil Price Forecasts Again Cut by Banks
(DBN)

How a Wild Shale Race May Be Harming the Permian's Oil Trove
(DBN)

Is The EIA Exaggerating U.S. Oil Production?
(DBN)

Oil Tumbles as Rising Shale Output Risks Mounting Supplies
(DBN)

Oil Has a Crisis of Faith
(DBN)

US investors playing Canadian energy like 'a casino': Birchcliff CEO
(DBN)

Here’s what sanctions on Venezuela would do to the oil market
(DBN)

Did The Arab Spring Disarm OPEC?
(DBN)

Trump May Be in a Legislative Slump, but His Energy Agenda Is Getting Lots of Hits
(DBN)

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Autos:

'It comes down to execution': Here's what Wall Street is saying about Tesla Tesla shares rise as investors bet on Model 3 success Tesla Beats Estimates, Forecasts Attractive Margins On Model 3
(DBN)

Hedge funds lose more than half a billion on wrong-way bet against Tesla
(DBN)

Summertime blues: July sees big decline in US auto sales
(DBN)

Luxury car dealership in Palm Beach files Chapter 11 with over $10M in debt
(DBN)

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Consultants:

DTI and Epiq Systems to Rebrand as Epiq
(DBN)

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Entertainment:

Netflix’s Business Model Is A Ticket To Bankruptcy : Porter Bibb
(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 (14 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (13 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:

ABI: July Commercial Chapter 11 Filings Fall 44%
(DBN)

Bankruptcy on the rise in WNY
(DBN)

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Avoidance Actions:

Preferences Actions Filed in Univita Holdings LLC Bankruptcy Case
(DBN)

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Miscellaneous:

Recent Developments In Bankruptcy Law
(DBN)

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Consumer Bankruptcy:

BK ND CA: Request for Comments on New Chapter 13 Plan
(DBN)

My Letter to Judge William H. Brown (Ret.) on the ABI Commission on Consumer Bankruptcy
(DBN)

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Healthcare:

6 urgent care centers in Orange County file for bankruptcy
(DBN)

Congress is doing 'the unthinkable' on Obamacare
(DBN)

Why 2018 could lead to more Medicaid expansion
(DBN)

U.S. Faces Looming Shortage Of Primary Care Physicians
(DBN)

Fact Check: NY Couple Jumped To Their Deaths Because They Couldn't Afford Healthcare
(DBN)

Aetna CEO: Obamacare 'cannot be repealed, period'
(DBN)

'Big Mouth' of Trump's HHS General Counsel Pick Will Tattle on Any ACA Sabotage
(DBN)

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Health and Beauty:

Avon: More Downside Ahead? Avon CEO McCoy quits amid rising losses and investor pressure
(DBN)

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Debt Collection:

Two FDCPA Class Actions Dismissed, Citing Supreme Court Ruling in Midland v. Johnson
(DBN)

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Lehman:

Lehman Vs Citi Could Change The Derivatives Game For The Dumber
(DBN)

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Travel:

Did You Just Pay 6 Times More for Your Flight Than Your Neighbor?
(DBN)

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Movie Theaters:

Cinema Isn't Dying
(DBN)

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Corporate Reform:

A new lawsuit captures the trench warfare unfolding as opposition groups protest the administration’s rollback of regulations government-wide
(DBN)

Post Crisis Wall Street Rules in Danger
(DBN)

DOJ will be allowed to join Ocwen’s challenge to constitutionality of CFPB
(DBN)

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Lehman:

Judge Rules Lehman Settlement, Affirmed in Emails, Is Enforceable
(DBN)

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Banking:

CFPB Lays Groundwork for New Rules on Overdraft Fees
(DBN)

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Pensions:

How America Dug a $375 Billion Pension Hole
(DBN)

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Television:

WGSA files Chapter 11, could go to auction
(DBN)

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UK:

KWM hardship fund raises over 100,000 as China and Australia lawyers match European donations KWM closes hardship fund for shafted staff
(DBN)

South East businesses 'face increased insolvency risk'
(DBN)

British households are approaching the 'maximum rate of pain' from the Brexit vote
(DBN)

Businesses urged the government to press for a transitional Brexit agreement
(DBN)

RBS is setting up an HQ in Amsterdam to prepare for a 'Hard Brexit'
(DBN)

'Mentally I was exhausted:' A rogue trader tells us what it feels like to secretly lose £360 million
(DBN)

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EU:

Euro-Area Optimism at 12-Year High as Economy Recovers
(DBN)

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PIIGS:

Europe Unemployment Problem Lingers
(DBN)

The insolvency procedures of Banca Popolare di Vicenza and of Veneto Banca

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Canada:

Low oil prices aren't holding back the Canadian energy patch
(DBN)

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Venezuela:

Venezuela is experiencing an unprecedented economic slide
(DBN)

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South Africa:

South African Airways on brink of bankruptcy , requests bailout
(DBN)

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China:

China settles 1923 bankruptcy cases in seven months
(DBN)

Westinghouse bankruptcy to have no major impact on projects in nation
(DBN)

Addressing 'zombie companies' can ease financial risks: Supreme Court
(DBN)

China Shuffles Its Debt Around
(DBN)

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Romania:

Romania’s tax agency wants more power to recover insolvent firms’ debts
(DBN)

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India:

Bad loans: RBI to take up more cases, says Jaitley
(DBN)

Centre to go after bank loan defaulters who divert funds: Finance Minister Arun Jaitley
(DBN)

Bankruptcy Code Isn’t Enough; We Need SUUTI-Like Body To Take On Banks’ Toxic Assets
(DBN)

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Singapore:

Overview Of Changes To The Companies Act On The Local insolvency Regime.
(DBN)

The worst appears to be over for banks in one of the world's major financial hubs
(DBN)

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South Africa:

South African Airways 'is on verge of bankruptcy'
(DBN)

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