August 8, 2017

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Law firms under pressure as demand flattens for legal services
(DBN)

Summer Associate Offer Rates (2017): A Guide For 1Ls Dreaming Of Biglaw Bucks
(DBN)

New Report Shows Am Law 100 Firms Pulling Ahead of Smaller Peers
(DBN)

Anatomy Of A Rumor: The Quinn Emanuel / Williams & Connolly ‘Merger’ Talks
(DBN)

Sedgwick to close DC office
(DBN)

Stark Gender Divide Between Private and Public Sector Cases in New York
(DBN)

What Law Firms and Judges Can Do to Increase Role of Women Litigators
(DBN)

Female Lawyers Can Talk, Too
(DBN)

It's Not Just About the Work - Can minorities really overcome prejudice through sheer excellence?
(DBN)

GC Compensation Report 2017: Bonuses Edition
(DBN)

In-House Counsel Can and Should Collect Attorney Fees
(DBN)

Microsoft Deputy GC: In New Outside Counsel Program, AFAs Plus Competition Equals Success
(DBN)

9 Ways The Legal Profession Needs To Change: Are You Ready?
(DBN)

Georgetown Joins The List Of Law Schools Accepting The GRE • Northwestern’s law school says it will accept the GRE as an entrance test
(DBN)

Council will talk more about how to report law school-funded jobs on employment questionnaire
(DBN)

7 Things You Need To Know As A First Year Attorney
(DBN)

The White House Has Pitched a Nominee For Manhattan's Powerful US Attorney Opening
(DBN)

Fired by Trump, former US Attorney Preet Bharara launches podcast
(DBN)

Trump's Lawyers Starting to Sound Nervous
(DBN)

Rosenstein denies any ‘fishing expeditions’ in Mueller probe
(DBN)

23 tricks you didn't know you could do with your Apple headphones
(DBN)

Artificial Intelligence And Its Impact On Legal Technology (Part II)
(DBN)

London student moves into Mark Zuckerberg’s old house to develop tech that will ‘take down’ the legal profession
(DBN)

"This did not end well." 6th Circ affirms conviction of attorney who based money laundering scheme on "Breaking Bad."
(DBN)

Gloria Allred Now Under Two Bar Investigations for Alleged Misconduct
(DBN)

Gay Town Clerk Says Officials Let His House Burn Down
(DBN)

Miami-Dade complied with Trump to change its ‘sanctuary’ status. It worked
(DBN)

Civil Forfeiture Came From a Strange Place
(DBN)

Court: Cops Can Kill Your Dogs If You Don’t Have A License For Them • Couple can’t sue cops for killing their dogs because the pets were unlicensed, federal judge rules
(DBN)

CA: No Prison for Cops Who Sold Drugs
(DBN)

The Problem With An Out Of Control District Attorney
(DBN)

Armstrong Teasdale Partner, Ex-US Attorney Pleads Guilty to DUI Charge
(DBN)

Yes, You Can Be A Lawyer And Be Funny — At Least On TV
(DBN)

Europeans send jaunty postcards to apprehend most wanted criminals
(DBN)

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Judges:

New Resource: Promoting Diversity in Selecting Federal Magistrate and Bankruptcy Judges
(DBN)

Who Is the Most 'Excellent' Judge in Dallas?
(DBN)

Near Retirement, Judge Thelton Henderson Chafes at 'So-Called Judge' Label
(DBN)

Chuck Norris endorses Justice Roy Moore in Alabama Senate race
(DBN)

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Wall Street:

U.S. stocks poised to dance around record levels again as more earnings hit
(DBN)

Dow notches 9th straight record close
(DBN)

Warnings about a stock market crash are 'out of whack' with reality
(DBN)

On Wall Street's big banks, Trump and the Democrats are both wrong
(DBN)

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Layoffs:

Nearly 1,000 CPS Layoffs Announced
(DBN)

Aramark announces 175 layoffs
(DBN)

PDQ to layoff 313
(DBN)

Real estate agents replaced with droids
(DBN)

Merck to Move Accounting, Book-Keeping to Poland, Philippines
(DBN)

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Autos:

Can we wean Elon Musk off government support already? • Tesla seeks $1.5 billion junk bonds issue to fund Model 3 production • Tesla Using Debt Financing To Fund “Manufacturing Hell” And No One Really Cares
(DBN)

Lifelong Quest for Flying Cars Sparked Frenzy, Then Bankruptcy
(DBN)

The Rental Car Crash Worsens
(DBN)

The Real Reason Car Sales Are Falling
(DBN)

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Retailing:

Stop with the retail apocalypse: Mall, shopping center landlords are tired of industry chatter
(DBN)

Can Failed Retail Fashion Brands Find An Afterlife Online?
(DBN)

These retailers will survive the Amazon 'onslaught'
(DBN)

Citibank Extends Maturity of Sears $271MM Letter of Credit
(DBN)

If Retail is Dying, Why is Money Pouring Into Malls?
(DBN)

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Personal Finance:

How former MLB star Alex Rodriguez teaches his daughters about money
(DBN)

The 7 ways job hopping can cost you money in the long run
(DBN)

Under-35 Americans share two stressful views on what money means to them
(DBN)

How much work should you do on a ‘working vacation’?
(DBN)

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Travel:

Inside the American Airlines flight from hell
(DBN)

Airline fees that are actually worth paying for
(DBN)

Insider secrets to scoring a comfortable seat on the plane
(DBN)

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Banking:

Wells Fargo remains mired in scandal • Wells Fargo Breaks Sharply With Industry as Its Legal Risk Rises
(DBN)

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Food Subscriptions:

Blue Apron is spending more than $400 for every new customer — and the results show why the company is doomed
(DBN)

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Aviation:

PenAIr to file for bankruptcy • PenAir Plans to Shed Denver, Portland Hubs in Chapter 11 • PenAir Files For Bankruptcy Protection • Alaska company PenAir files for Chapter 11 in Alaska Bankruptcy • Pen Air's Bankruptcy Hinders Airports
(DBN)

Finding A Place In The Sky: What Does The Future Hold For America’s Small, Regional Airlines?
(DBN)

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Maritime:

Hanjin Shipping Co. Says Bankruptcy Claims Top $10 Billion • Hanjin Shipping struggles to find cash to pay creditors • Creditors Brace For Huge Losses
(DBN)

An arcane American law protected by powerful interests is causing insane traffic jams
(DBN)

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Economy:

Goldman sees unemployment under 4 percent, job market getting so good it could 'overshoot'
(DBN)

Is Wage Growth Finally Coming for American Workers?
(DBN)

US Has Hit New Record for Credit Card Debt • U.S. Credit-Card Debt Surpasses Record Set at Brink of Crisis
(DBN)

Fed won't need to raise interest rates in near term: Bullard
(DBN)

Prime Working-Age Population near 2007 Peak
(DBN)

Trump Could Start a Trade War with China • China, not President Trump, is suddenly helping American steel
(DBN)

How Trump’s ‘America First’ ignores the lessons of the Marshall Plan
(DBN)

There’s one remarkable trend in the jobs numbers that few people are noticing
(DBN)

Job Numbers Aren't as Good as They Look
(DBN)

Wells Fargo: Small Business Optimism Reaches Highest Point in Decade
(DBN)

Washington dysfunction fuels uncertainty for businesses
(DBN)

Here’s why US economic growth could wither this year
(DBN)

The Real History of American Immigration
(DBN)

Fed's Kashkari says cutting immigration will reduce growth
(DBN)

Leaked Government Report: Drastic Impact from Climate Change • Feds: Don't Say Climate Change Anymore • Both Sides Distort Climate Change Debate • White House reviewing new report that finds strong link between climate change, human activity
(DBN)

Buffett Nears a Milestone He Doesn't Want: $100 Billion in Cash
(DBN)

People don't care if Bill Gates gets richer, Steve Forbes says about limiting taxes for the wealthy
(DBN)

Tax writers see peril in Trump's Obamacare persistence
(DBN)

Changing Corporate Tax Rates Does Little
(DBN)

Great Again? Trade Deficit Touches Depths
(DBN)

No, poor people don't eat more junk food than everyone else
(DBN)

People in this age group don’t mind marrying someone with debt
(DBN)

For the last time, Trump hasn’t made the economy any better
(DBN)

Why Tax Reform Is So Fiendishly Difficult
(DBN)

Most of what you think about inequality is wrong • Our Broken Economy, in One Simple Chart
(DBN)

Here's how investors and workers are doing after 200 days of President Donald Trump
(DBN)

She needs a job. The economy is in great shape. It should be easy, right?
(DBN)

Shutdown risk grows as both parties balk on debt ceiling hike
(DBN)

Fed Consumer Financial Expectations Surveys Show Outlook on Credit Access
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

Q2 2017 GDP Details on Residential and Commercial Real Estate
(DBN)

More Americans than ever say now is a bad time to buy a home
(DBN)

Raphael Toledano Seeks Chapter 11 Protection for ‘Commandeered’ EV Property
(DBN)

Motion to dismiss filed in Scuttle's Island bankruptcy case
(DBN)

Residents of an exclusive San Francisco street didn’t pay their taxes. So someone bought their street.
(DBN)

The GOP has your mortgage tax break in its sights
(DBN)

MBS trustees score wipeout win in first trial of noteholder claims
(DBN)

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Municipalities:

Detroit's Primary Is a Referendum on Progress Since Bankruptcy
(DBN)

Aurelius Capital Challenges Puerto Rico Oversight Board Structure • Aurelius hedge fund seeks to toss Puerto Rico's bankruptcy filing • Aurelius Capital Management Files Constitutional Challenge To Puerto Rico Bankruptcy • Hedge fund launches bid to toss Puerto Rico bankruptcy case • Puerto Rico hit with 2 lawsuits challenging board’s power
(DBN)

Virgin Islands follow Puerto Rico into the debt day of reckoning
(DBN)

After shared sacrifice, Dallas Police and Fire pension problems addressed
(DBN)

Chicago: CPS lays off 950, including 356 teachers; delays releasing its budget
(DBN)

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Oil/Gas:

Low-Down-Payment Purchase Lending at Seven-Year High
(DBN)

Here's how Carl Icahn's bet on Trump's energy policy went terribly wrong
(DBN)

Oil prices slide after rebound in output from Libya's largest oil field • Oil holds near 9-wk highs on jobs data, fall in U.S. drill rigs • US crude dips 19 cents, settling at $49.39, as oil exporters discuss output cuts • Oil trades near $49 as prices still capped by sufficient supply • Oil Prices Fall As OPEC Output Hits ‘’Year-To-Date High’’
(DBN)

Saudi Arabia to cut crude oil allocation in September by more than its OPEC pledge: Report
(DBN)

Oil prices steady as Saudi cuts September supplies
(DBN)

U.S. rig count drops by four
(DBN)

Should Trump Set A Floor Under Oil Prices?
(DBN)

Venezuela Rebellion Could Send Oil To $80
(DBN)

Kemp: Hedge Funds Get Bullish Again On Oil (Third Time Lucky?)
(DBN)

Investors have been betting big that oil will rise. This is how it may go wrong
(DBN)

Fossil Fuels Subsidies are $5 Trillion a Year
(DBN)

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Politics:

President says his base ‘stronger than ever before’ despite polling • In the key 2018 battlegrounds, Trump's support is as high as ever • FactCheck: Trump's Base is Bigger Than Ever • Trump starts summer break with a raging tweetstorm • President Trump Bashes Senator As 'Phony Vietnam Con Artist' • Chickenhawk in Chief • Vets unload on Trump for attacking Dem senator’s military record • Can the New White House Chief of Staff Save the White House? • Sen. Jeff Flake dings Trump's character again — while defending many of his policies • Source: Trump Is Upset With New Book About Bannon’s Role On Campaign • How Mueller’s Grand Jury Could Give GOP The Excuse They Need to Impeach • Polling suggests people are losing trust in Trump as his approval ratings decline
(DBN)

59% of Americans think Trump's presidency has been a failure
(DBN)

Peter Thiel: This May End in Disaster • Peter Thiel reportedly told friends Trump administration is "incompetent" • Peter Thiel Has Been Hedging His Bet On Donald Trump • Peter Thiel may be getting off the Trump train
(DBN)

Trump's team adjusts Russia probe messaging • ‘Good Conservative’ Grassley Ramps Up His Panel’s Trump-Russia Probe
(DBN)

When a Candidate Conspired With a Foreign Power to Win An Election
(DBN)

Trump’s Interests vs. America’s, Secret Service Edition
(DBN)

The list of things Michael Flynn could be charged for seems to be expanding
(DBN)

Here's how many executive orders Trump signed in his first 200 days compared to Obama, Bush, and Clinton
(DBN)

Elizabeth Warren : 'I am not running for president, I’m doing my work' • Warren Blocks Trump’s Pick for Antitrust Chief
(DBN)

How America Lost Its Mind
(DBN)

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Healthcare:

Personal bankruptcies are down 50% in the US. Thanks, Obamacare?
(DBN)

Adeptus Health: Shareholders Anxiously Await A September 13th Hearing
(DBN)

Bernie Sanders is Right About Our Pharmaceutical Industry
(DBN)

When bankruptcy was the health insurance of last resort
(DBN)

America’s opioid epidemic is way worse than we realized
(DBN)

Inside Bernie Sanders’s campaign to save Obamacare
(DBN)

Anthem to leave Nevada's Obamacare market • A key state's Obamacare markets are facing a nightmare scenario
(DBN)

______________

Golf:

Cemetery plans take shape for defunct golf course
(DBN)

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New Bankruptcy Opinions
(7 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (13 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (__ 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)

______________

Bankruptcy Statistics:

July Commercial Chapter 11 Filings, 2007-17
(DBN)

Weekly Bankruptcy Claims Trading Activity
(DBN)

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TBTF:

When the next crisis hits, will we have a better way to close a failing financial giant?
(DBN)

Fannie and Freddie could need $100 billion bailout in next crisis, stress test finds • Fannie, Freddie fail Dodd-Frank severe stress test
(DBN)

______________

Insurance:

Reinsurers say Brexit, Trump trade protectionalism threatens their business
(DBN)

______________

Jurisdiciton:

Third-Party Plan Releases: Peeling the Stern Onion
(DBN)

______________

Bankruptcy Crimes:

Springfield Man Sentenced To Prison For Bankruptcy Fraud
(DBN)

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Liens:

What Makes a Lien “Judicial”?
(DBN)

______________

Litigation:

Deposing the Giant Under the Apex Doctrine
(DBN)

______________

Energy Storage:

Inside the Fall, and Rebirth, of a Bill Gates–Backed Battery Startup
(DBN)

______________

Telecoms:

Avaya Unveils Revised Plan to Cut $3 Billion in Debt • Avaya plans to exit Chapter 11 in Autumn 2017 • Avaya Takes Critical Next Step in Bankruptcy Process • Avaya announces plan support agreement, seeks to exit Chapter 11
(DBN)

______________

Fraud:

Martin Shkreli: Modern Tricks, Age-Old Story • Felon Martin ‘Pharma Bro’ Shkreli Puts Out Facebook Post ‘Delighted’ With Conviction • There Is Nothing New Under the Sun, Martin Shkreli Edition
(DBN)

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Marijuana:

Why marijuana legalization isn’t safe under Trump
(DBN)

______________

Student Debt:

Student loan complaints up a record 325 percent over last year, says CFPB
(DBN)

Student Loan Giant Faces Trial Over U.S. Claim It Duped Borrowers
(DBN)

CFPB can pursue suit over Navient loan servicing • Student Loan Giant Faces Trial Over Fraud
(DBN)

Huge Collection Fees Making It More Difficult For Cash-Strapped Students To Afford College
(DBN)

Betsy DeVos Announces Plan To Revamp Student Loans By 2019
(DBN)

Student Loan Debt Is Not Hurting The Economy
(DBN)

______________

Debt Collection:

7th Circuit Overrules FDCPA Bona Fide Mistake Case
(DBN)

Houston debt buyer asks for new trial after $25 million verdict
(DBN)

Buffalo becomes 'ground zero' for abusive debt collectors
(DBN)

______________

Nuclear:

Red faces become the norm at nuclear power groups
(DBN)

South Carolina Seeks Ways to Salvage Nuclear Project
(DBN)

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Brides:

What to do if Alfred Angelo left you at the altar
(DBN)

______________

Corporate Reform:

GOP Effort to Overturn Arbitration Rule at Risk From Republican Defectors
(DBN)

Secrecy Around Trump's Deregulation Teams
(DBN)

The two industries that are getting the worst of consumer complaints
(DBN)

______________

Taxis:

Capital One Adjusts Taxi Underwriting as Rideshares Disrupt the Market
(DBN)

______________

UK:

North East business insolvency risk on the rise in first half of 2017
(DBN)

A booming City and rising house prices pushed the wealth of Britain's households past £10 trillion last year
(DBN)

______________

EU:

European stocks end lower after downbeat German data
(DBN)

Tighter EU curbs urged on winding down banks
(DBN)

______________

PIIGS:

Portugal: Changes To The Insolvency And Restructuring Companies Code
(DBN)

______________

India:

Top cement players eyeing Binani Cement assets post insolvency nod by NCLT
(DBN)

Credit provisions to spike for banks as cases gets referred to insolvency process
(DBN)

Insolvency professionals for NPA cases rush to buy insurance for themselves
(DBN)

NPA crisis: The rise and fall of Bhushan Steel into the great Indian debt trap
(DBN)

Banks look to sell NPAs to ARCs to recover dues, repair balance sheets
(DBN)

Lenders review insolvency process against 12 firms sent to National Company Law Tribunal
(DBN)

The Dilemma Of Settlement In Matters Under The Insolvency And Bankruptcy Code, 2016.
(DBN)

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China:

Unruly debt collection lands ‘granny gang’ in prison
(DBN)

China's Dongbei Steel restructuring plan gets creditor approval
(DBN)

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Venezuela:

Creditors of Venezuela began to prepare for the change of power
(DBN)

Venezuela inches closer to default
(DBN)

______________

Hong Kong:

Cross border Insolvency – The Three Core Requirements Post Yung Kee.
(DBN)

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MENA:

New UAE Bankruptcy Law
(DBN)

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