August 7, 2017

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Big Law Returns to Law School for Summer Hiring in 'Steady' Numbers
(DBN)

Kirkland's Hunt for Roughly 245 Summer Associates in U.S.
(DBN)

Survey: The legal sector is bogged down by billing challenges and pressures over pricing
(DBN)

Cristina Lipan Joins Shipkevich PLLC’s Bankruptcy Practice
(DBN)

The legal sector shed 4,300 jobs in July Legal Industry Sees Jobs Numbers Dip in July
(DBN)

New Grads Bound For Biglaw: Do You Know What You’re Getting Into?
(DBN)

DeVos Offers Lifeline To For-Profit Law School That Hired Her Former Advisor
(DBN)

Lawyers Make The Best Gossips
(DBN)

Women Continue To Be Shut Out As Lead Counsel Courtroom Study Finds Women Lawyers Eclipsed in Complex Cases
(DBN)

For 8 years, this firm has led the pack on both sides of the table in commercial litigation
(DBN)

4 ways firms can get the most bang for their buck out of contract lawyers
(DBN)

What To Do When You’re About To Blow A Deadline
(DBN)

GCs need to develop a personal brand
(DBN)

What To Do When Life Is Not Fair
(DBN)

Stats Of The Week: The Great Associate Pay Raise Of 2016
(DBN)

Baker McKenzie deploys custom artificial intelligence for M&A and transactional work
(DBN)

Paul Ryan pushes back on Jeff Sessions' veiled threat to journalists
(DBN)

Deputy Attorney General: Special counsel Mueller needs permission to expand Russia investigation Rosenstein: Mueller Doesn't Need Permission to Expand Trump Probe Rosenstein Says Mueller Can Investigate Any Crime. But There's a Catch. What Mueller's probe can and can't touch
(DBN)

Mueller's team asks WH for documents on Flynn
(DBN)

Ken Starr kills irony
(DBN)

Trump names 4 more nominations for US Attorney
(DBN)

Sessions says leak probes have tripled and four have been charged
(DBN)

Fox News host Eric Bolling reportedly sent unsolicited and explicit photos to colleagues
(DBN)

Jeff Sessions Vows To Make Journalists Famous By Jailing Them For Protecting Sources
(DBN)

Innocence Irrelevant in Age of Plea Bargains
(DBN)

Topless In Seattle: A Law Firm Partner Gets Over Her Fear Of Public Nudity
(DBN)

Lawyer who forged judges’ signatures on more than 100 documents is sentenced Attorney Forges Judges’ Signatures Over 100 Times. Earns Jail, Sick Burn.
(DBN)

Stopped by Cops: 9 Minutes of Gun in Face
(DBN)

Northwestern Professor Arrested For Murder With Alleged Accomplice Murder Suspects Made Donation in Victim’s Name, Police Say
(DBN)

Man Sues Tinder Date for $200,000
(DBN)

Warrant Issued For S-- In McDonald's
(DBN)

'Making a Murderer': Full appeals court to hear Dassey case
(DBN)

Mosque In Minnesota Firebombed During Call To Prayer Why Won’t Media Outlets Report Mosque Bombings As Deliberate Terrorism
(DBN)

U.S. Court Voids Prison Terms For U.S. Mercenaries Who Killed 31 Iraqi Civilians
(DBN)

Case Dismissed Because Cop Wore Allegedly Racist Shirt
(DBN)

Legal robots deployed to help decide thousands of cases
(DBN)

Jack the Ripper Found at Last
(DBN)

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Judges:

Trump wins more judges’ confirmations at this point than Obama, GW Bush combined The Trump Train — Of Federal Judicial Nominations — Rolls On Trump’s Real Personnel Victory: More Conservative Judges
(DBN)

Furious judge rips Teamsters, reporter contentious day in court
(DBN)

Trump names 10 more judicial nominees
(DBN)

Judge says he wasn't watching ---- in his chambers, but sometimes looks at pics of ----- women
(DBN)

A Miami lawyer is going to prison for forging judges' signatures
(DBN)

US commercial cases decline over eight years
(DBN)

Religious Judge Wants Supreme Court to Let Her Avoid Officiating Same-Sex Marriages
(DBN)

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Wall Street:

Global shares meander as lift from US payrolls report fades
(DBN)

Stocks Close Modestly Higher On Upbeat Jobs Data
(DBN)

Berkshire Hathaway quarterly profit drops 15% as underwriting loss offsets railroad gains
(DBN)

A bunch of indicators are warning of 'a break in the stock market'
(DBN)

Stock pickers are having a record-breaking year
(DBN)

The S&P 500 just did something it hasn’t done since 2007
(DBN)

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Layoffs:

Former IWM employees pushing firm to file bankruptcy
(DBN)

What jobs will be left in a robotic nation?
(DBN)

More Than 1400 Workers to Be Laid Off Across Chicago Area: Report
(DBN)

Navistar to lay off 170
(DBN)

Bed Bath & Beyond to cut 880 in-store manager positions
(DBN)

Teva Pharmaceutical will cut 7,000 jobs
(DBN)

Former Facebook exec paints a grim picture of where the U.S. will be in 30 years
(DBN)

How robots could change the jobs market forever
(DBN)

Shown the door, older workers find bias hard to prove
(DBN)

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Fraud:

Martin Shkreli is found guilty of three of eight securities fraud charges Why 'Pharma Bro' Martin Shkreli Is Swaggering Into Jail
(DBN)

Black Elk accuses Beechwood of helping Platinum fund fraud: lawsuit
(DBN)

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Nuclear:

Vogtle, Summer nuclear plants face bleak outlook after Westinghouse bankruptcy
(DBN)

It's Official: Nuclear Power Can’t Compete With Renewables
(DBN)

Billions lost in U.S. nuclear power projects, with more bills due
(DBN)

Fate of new nuclear in US faces stark realities, despite Trump admin promises
(DBN)

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Pensions:

PBGC: Multiemployer Pension Insurance Insolvent by 2026
(DBN)

What happened after CalPERS cut pensions
(DBN)

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Student Debt:

Judge Rejects Bankrupt Woman's Bid to Cancel $333,423 Student Loan Bill
(DBN)

President Trump’s Student Loan Plan Hurts Law Students
(DBN)

Man has entire student loan debt erased thanks to trivia game app
(DBN)

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Personal Finance:

8 retirement rumors to ignore if you actually want to retire
(DBN)

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Religion:

Bankrupt archdiocese files objections to creditors' reorganization plan
(DBN)

Richmond Christian Center again facing sale
(DBN)

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Retailing:

Layoffs, restructuring and losses hit Under Armour as America’s malls fade away
(DBN)

'Nobody's immune': More retail bankruptcies are looming
(DBN)

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Maritime:

Why Is DryShips Not Paying Off Its Debt?
(DBN)

From Worst to Best: A Shipbuilder's Fortunes Turn Around
(DBN)

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Corporate Reform:

US haul from credit crisis bank fines hits $150bn
(DBN)

Penalties Against Wall Street Are Down Sharply in 2017
(DBN)

Acting Comptroller of the OCC Will Not File Petition to Stay CFPB Arbitration Rule
(DBN)

Contempt Proceedings Justified for CFPB’s Cordray, GOP Report Says
(DBN)

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Economy:

Lower-Wage Americans Finally Get Some Relief in the Job Market
(DBN)

Jobs report beats expectations, unemployment rate returns to 16-year low Goldman's chief economist: Strong jobs numbers don't look sustainable Jobs outlook: How much better can it get? Key questions raised by July's jobs report What's Behind the Strong Jobs Report? The 10 Year Jobs Crisis is Effectively Over Economy adds 209,000 jobs in July, beating expectations A Solid Employment Report
(DBN)

Best labor market in years offers plenty of work but not higher pay
(DBN)

The job market just recovered from the recession. Men and white people haven’t.
(DBN)

US Companies Are Leaving Workers Behind
(DBN)

Job Growth Won't Change the Fed's Mind on Rates
(DBN)

The U.S. economy is solid, but there’s no ‘Trump bump’
(DBN)

Public and Private Sector Payroll Jobs: Carter, Reagan, Bush, Clinton, Bush, Obama, Trump
(DBN)

Employment in certain services looks a lot more vulnerable than manufacturing work
(DBN)

The Trump economy isn’t creating scores of ‘male’ jobs Women and baby boomers power the great American jobs machine
(DBN)

Trump's Trade Pullout Roils Rural America
(DBN)

White House delays China trade battle China joins U.S. to squeeze North Korea The states with the most to lose from a China trade war
(DBN)

For Some Cities Jobless Rate is Over 7%
(DBN)

Jobs supporting middle-class living will lag others over next 5 years
(DBN)

Milestone for Trump: 1 million new jobs in six months Jobs, Factories and Stocks Provide Economic Lift for Trump Trump touts 'excellent' jobs report, violating federal rule The CNN/Money Trump Jobs Tracker Fact-checking President Trump’s West Virginia rally
(DBN)

When Foreign Companies Are Making, Not Killing, U.S. Jobs
(DBN)

Trade Deficit at $43.6 Billion in June
(DBN)

Chart: Where is Global Growth Happening?
(DBN)

There's a morsel of good news about inequality that's buried in all the scary headlines
(DBN)

The highest-paying job in each US state
(DBN)

Foxconn's big jobs promises IPhone maker says it's building a multibillion-dollar facility — in another state Trump flipped
(DBN)

Montgomery County's Minimum Wage Study, Yep, $15 Is Bigly Bad, Costs Jobs - 47k Of 'Em
(DBN)

Five Myths About Infrastructure
(DBN)

GOP Just Wants Tax Cuts, Not Reform Budget Fight Imperils GOP Tax Reform
(DBN)

The Transformation of the American Dream
(DBN)

The teen unemployment rate is the lowest it’s been in years — why that’s both good and bad
(DBN)

Millennial women hold better credit scores than men
(DBN)

8 Major Economies With Most Inequality
(DBN)

Google Engineer: Women Unsuited for Tech Job
(DBN)

Fight over Trump wall could lead to shutdown McCain: a border wall won't stop illegal immigration The Looming Fiscal Train Wreck Means Trump Won’t Get His Wall. Here’s Why
(DBN)

The Debt-Ceiling Crisis Is Real Budget Hawks Call for ‘Mini-Bargain’ to Address the Debt and Deficit
(DBN)

Hotels: Occupancy Rate Up Slightly Year-over-Year
(DBN)

AAR: Rail Traffic decreased slightly in July
(DBN)

The Cost of Living: How Far Does $100 Go in Your State?
(DBN)

Why Trump’s New Immigration Bill Makes Sense
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

Ninth Circuit Reignites Debate Over the Interplay of Sections 363 and 365 of the Bankruptcy Code
(DBN)

Feud upends development around Schlitterbahn on Padre Island
(DBN)

Former radioactive-waste site off the coast of San Francisco turning into a $5 billion housing development
(DBN)

National Flood Insurance in Deep Water
(DBN)

Houston's Office Vacancy Rates Soar
(DBN)

Would Trump Take Away Your Mortgage Interest Deduction?
(DBN)

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Municipalities:

Furloughs approved for 1st time in Puerto Rico’s history US-Imposed Puerto Rico Oversight Board Orders Furloughs Puerto Rico to furlough workers, proposes pension plan reform Puerto Rico oversight board orders furloughs, governor defiant Puerto Rico governor defies oversight board on worker furloughs
(DBN)

Puerto Rico Cooperativas Can Withstand Fiscal Crisis
(DBN)

Staying or returning home, millennials help lift Puerto Rico
(DBN)

Setting Priorities Straight: Time to Audit Puerto Rico's Debt
(DBN)

De Blasio to propose taxing rich to help pay for much-needed subway repairs
(DBN)

Detroit’s Mayoral Election Is a Test of Recovery and Legacy
(DBN)

Friendswood City Council fears fire, EMS capital fund insolvency in 2019
(DBN)

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Oil/Gas:

Troubled Sheridan Production Energy Fund in Rescue Talks
(DBN)

Oil prices are getting back on the roller coaster Oil prices struggle for footing ahead of OPEC meeting Mon. AM: Oil slides from 9-week highs as market looks to OPEC
(DBN)

Why Billions in Pipeline Projects are Stalled
(DBN)

‘Nothing To See Here’ - Frackers Ignore Rising Well Decline Rates
(DBN)

Shale Producers Hedge At Much Lower Prices
(DBN)

BP’s Bob Dudley on surviving the oil price storm BP Surpasses Profit Expectations, Still Wallowing In Debt
(DBN)

Utah company files fraud suit against Uresti co-defendant’s new venture
(DBN)

Iraq Races To Fill The Gap Left By The Saudis
(DBN)

Oil, Gas Employment Unchanged in July
(DBN)

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Food/Beverage:

The retail apocalypse is heading straight for Kroger, Whole Foods, and Aldi
(DBN)

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Autos:

Nissan Workers in Mississippi Reject Union Bid by UAW
(DBN)

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Politics:

Kelly Moves Quickly to Bring Order to Trump White House Kelly tames Trump... for now
(DBN)

US finalizes deal for new Air Force One jets once destined for Russian airliner Boeing sells 747s left behind by the Russians as Air Force One jets – but for how much? Don’t ask
(DBN)

Republicans in Congress should be braver
(DBN)

George Will: GOP Now the Grotesque Party
(DBN)

'Laughable and absurd': Mike Pence slams 'disgraceful' report that says he's running a shadow presidential campaign
(DBN)

Trump Support From Base Falling Quickly
(DBN)

Trump White House turnover in context
(DBN)

McCain: GOP Sees Weakness in Trump
(DBN)

The Rise of the Violent Left
(DBN)

Disappointed Donor Sues the G.O.P. for “Fraud”
(DBN)

Here's a Crazy Idea: Let's Agree on the Facts USA Facts
(DBN)

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Education:

Minnesota Supreme Court Rules in Favor of Students of Two Defunct Schools
(DBN)

Thousands still paying for an education that failed to deliver
(DBN)

Universities in Va. hit students with whopping collection fees for unpaid tuition
(DBN)

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Environmental:

Defunct ski areas: Why healing is so hard
(DBN)

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Gambling:

Debt-Riddled Caesars Reports $1.4 Billion Loss for Q2 as Sign of Bright Future
(DBN)

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Coal:

Bankrupt coal bed methane company gets court approval, Wyoming still out $9.5 million in self bonds
(DBN)

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Banking:

US Banks Made $15 Billion in Overdraft Fees
(DBN)

How Wells Fargo’s Troubles Went From Bad to Worse
(DBN)

Facing Trial, Wells Fargo Pays $108M to Settle Whistleblower Suit
(DBN)

FDIC Reports Syndicated Loan Risk Remains High
(DBN)

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New Bankruptcy Opinions
(8 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

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

Recent Ch. 11 Adversary Proceeding Filings (24 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:

Ch. 11 Filings By Sector
(DBN)

BK WD NY: Most Recent (July 2017) Caseload Data
(DBN)

ABI: Commercial Chapter 11s Fall 44% Sequentially, 9% Y/Y
(DBN)

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Cross-Border:

The Eagle and the Bear: Russian Proceedings Recognized Under Chapter 15
(DBN)

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Recharacterization:

U.S. Supreme Court Grants Certiorari to Decide Circuit Split on Applicable Law for the Recharacterization of Debt
(DBN)

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Lien Avoidance:

Debtor Can Remove Tax Liens Against Personal Property
(DBN)

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Unexpired Leases:

Debtor’s Furniture Rental Agreement Is Lease to Assume or Reject
(DBN)

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Litigation:

Your Client Is Your First Best Expert
(DBN)

B2C Litigation Financing - Trojan Horse?
(DBN)

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Travel:

10 hospitalized after American Airlines flight jolted midair
(DBN)

Busted airport toilet ruins luggage for hundreds of fliers
(DBN)

Travel Company Goes Bust, Dozens Out Band Trip To Europe
(DBN)

Hundreds of high school band members ripped off for thousands by a travel company
(DBN)

Here’s what U.S. airline passengers care about most when flying (hint: it’s not service)
(DBN)

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Healthcare:

6 California urgent care centers file for bankruptcy
(DBN)

Insurers Think They’ve Found the Perfect Patients for Profits
(DBN)

Hospitals hide costs of pricey medical procedures
(DBN)

Insurer wins $52 million in ACA payment lawsuit
(DBN)

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Brides:

The death of Alfred Angelo Bridal: It clung to old ways in fast-changing world
(DBN)

Waiting for your Alfred Angelo dress? It's too late. Or is it?
(DBN)

Bridal Chain Alfred Angelo's Bankruptcy Just Turned Into A Disaster
(DBN)

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Mining:

Are mine closures becoming all-too common for the mining industry?
(DBN)

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Aviation:

Airport, People Express first hopes placed with struggling Idaho charter firm
(DBN)

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Pharma:

Teva's Trouble Was Predicted. Path to Recovery Not as Clear
(DBN)

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Marijuana:

Is Jeff Sessions planning to crack down on legal pot? This letter suggests he might be.
(DBN)

Sessions’ Task Force Doesn't Recommend Crack Down on Legal Marijuana
(DBN)

Where marijuana legalization stands in the U.S.
(DBN)

______________

Celebs:

‘Dance Moms’ star is chum in ‘Sharknado 5'
(DBN)

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Sovereigns:

Pari Passu
(DBN)

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UK:

Ministers facing court challenge on ‘unlawful’ bankruptcy fees
(DBN)

UK: May Must Prepare a Credible Plan for Brexit Failure
(DBN)

May's Brexit Plan Starts to Take Shape
(DBN)

Hunt on for bust tycoon Greg King's £50m fortune with companies and property targeted
(DBN)

Seaside towns dominate list of bankruptcies, says study
(DBN)

RBS Is Returning to Health, Britain Isn't
(DBN)

U.K. Fights Rearguard Action on EU Financial Laws Before Brexit
(DBN)

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EU:

Euro Credit Returns Could Be Wiped Out in Just a Few Days
(DBN)

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PIIGS:

A legal farce calls Greek reform into question The Scandalous Persecution of a Greek Whistle-Blower
(DBN)

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Canada:

Canada adds a bunch of full-time jobs
(DBN)

Quest Obtains an Extension of the Delay to File a Proposal Under the Bankruptcy and Insolvency Act (Canada)
(DBN)

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China:

China bankruptcies rise steadily in 2017 amid 'zombie firm' crackdown
(DBN)

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Vietnam:

Private airlines go bankrupt leaving big debts behind
(DBN)

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India:

Sebi asks listed companies to inform bourses on loan default
(DBN)

Sebi's loan default disclosure diktat likely to discipline companies on repayment habit
(DBN)

Debt-laden Essar’s oil asset sale may only aid promoters
(DBN)

First liquidation order under the Insolvency Code passed by the NCLT
(DBN)

Global investors line up for stake in Bhushan Steel Bhushan Steel surges 6% on bidding talks
(DBN)

Lenders meet today to review insolvency cases
(DBN)

Syndicate takes a hit
(DBN)

Indian Bank sets under-5 per cent gross NPA target by March
(DBN)

Non-performing assets: Govt-run banks write off record Rs 81,683-crore bad loans in FY17
(DBN)

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Albania:

Bad Loans Down to 15.58 Percent
(DBN)

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Brazil:

Brazil builder PDG reaches non-binding agreement with banks -filing
(DBN)

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Azerbaijan:

Cargill owed $715 million by bankrupt Azerbaijani bank
(DBN)

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Australia:

Insolvency rates higher in regional Victoria
(DBN)

Australia Has a War on Wages Too
(DBN)

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Venezuela:

The revolution devours Venezuela
(DBN)

Venezuela Is Like ... (Part II)
(DBN)

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South Africa:

DA concerned SAA won’t be privatized despite bankruptcy reports
(DBN)

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