December 27, 2017

The Daily Bankruptcy News

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Law:

Elite California Firm Offers Market-Busting Bonuses To Associates Are You Pissed About Your Bonus? You’re Not Alone… A Very Happy Holiday For These Associates Calling All Texans: What The Hell Is Going On With Haynes & Boone’s Bonuses? As Usual, Going Above And Beyond For Bonuses At Quinn Hardly Seems Worth It An Earlier Bonus Announcement For This Firm Paying Most Associates Under Market
(DBN)

ATL Holiday Card Contest: The Finalists! (2017)
(DBN)

Neighbors are fed up with ‘crazy’ lawyer’s nonstop screaming
(DBN)

The Law Firm Disrupted: A Ground-Up Change Management Approach
(DBN)

Texas Law School Enrollment Outpaces National Percentage Growth
(DBN)

Paralegal's Previous Job Gets Law Firm Disqualified
(DBN)

Ex-Client Says Barnes & Thornburg Partner Bungled His Case ... and Stole His Wife
(DBN)

What!?! You Didn't Make that Best Lawyer List?
(DBN)

The Impact Of The New Tax Law On Law Firm Partners
(DBN)

Prosecutors are reportedly seeking Kushner records from Deutsche Bank
(DBN)

Senate reports $1.45 million in payouts for discrimination claims since 1997
(DBN)

Apple gets smacked with lawsuits after admitting it slows down older phones
(DBN)

A Breakdown Of California Bar Exam Results By Law School (July 2017)
(DBN)

Are law schools on the comeback trail?
(DBN)

Sally Yates: We’re at Risk of Losing Our Basic Freedoms
(DBN)

A Delawarean Christmas: Holly, Jumbles and… Gunpowder?
(DBN)

Man destroys ATM for giving him too much money
(DBN)

John Oliver on his confrontation with Dustin Hoffman over sexual misconduct allegations: 'The whole thing just made me feel sad' Bannon: Don't Forget Trump & That Teen Girl The Millennia of # MeToo Business Schools Now Teaching # MeToo , NFL Protests and Trump #MeToo Is Coming To Business Schools, But Not In The Way You'd Think I'm 6'3" with tattoo sleeves -- and I have a # MeToo story The Friend Zone And Harassment The Year Women Reclaimed the Web The #MeToo Moment: What Happened After Women Broke the Silence Elsewhere? Dating in the #MeToo age Why Harvey Weinstein? How a powerful but obscure figure touched off a social movement. NBC to Staff: Rat Out Misbehaving Colleagues or Be Fired Trump-supporting singer files assault complaint against former Trump campaign manager Corey Lewandowski Harassment Scandals Are Reshaping CEO Searches Justice Department faulted for ‘systemic’ mishandling of harassment cases
(DBN)

New York’s Attorney General in Battle With Trump
(DBN)

Bush ethics lawyer: Trump-appointed FBI Director Chris Wray is 'allowing himself to be humiliated' by the president 'These people' are 'the deep state': GOP Congressman calls for 'purge' of the FBI US congressional intel committees questioned a person who attended the infamous 2016 Trump Tower meeting with Trump Jr. and a Russian lawyer Report: Washington miscalculated Russian threat Robert Mueller May Indict Paul Manafort Again Mueller probe outgrows its ‘witch hunt’ phase
(DBN)

The best iPhone 8 and 8 Plus cases for every type of person
(DBN)

How to Tell if Your iPhone Battery is Screwed
(DBN)

6 Reasons We Self Sabotage
(DBN)

The Real Story of the Getty Kidnapping
(DBN)

Three cities sue Pentagon over gun-check failures
(DBN)

Should White Supremacists Be Allowed To Practice Law?
(DBN)

New Illinois law treats pets more like children in custody cases
(DBN)

FBI: Homegrown Terrorists Our Biggest Threat
(DBN)

Sessions rescinds letter warning local courts about fees and fines imposed on poor people
(DBN)

12 of the year’s most fascinating lawyers
(DBN)

Appeals Court: Trump Can't Issue Travel Bans
(DBN)

Florida cops issued 100s of erroneous tickets because they don't seem to understand the law
(DBN)

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Judges:

Judge Posner Taking On Pro Se Case After Fourth Circuit Did Something Incredibly Stupid
(DBN)

700 Sign Letter Advocating For Better Protections For Clerks Against Harassment Who are the people who looked the other way at Alex Kozinski? Why the p--- habits of Alex Kozinski — or anyone — should raise red flags about potential harassment When Alex Kozinski Peeked Under Barbie's Skirt
(DBN)

Why we should lower student expectations about judicial clerkships
(DBN)

Supreme Court Clerk Hiring Watch: Are Reports Of Justice Kennedy’s Retirement Greatly Exaggerated?
(DBN)

BK SD GA: Vacancy Announcement - Chief Deputy Clerk
(DBN)

SDNY Judge Who Oversaw Argentina Debt Battle Dead at 87
(DBN)

Lawyers' group fuels Republicans' ire over its negative reviews of Trump judicial picks
(DBN)

Why Petersen may not be the last judicial nominee with no trial experience
(DBN)

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Wall Street:

Wall Street set for a slightly upbeat open amid thin holiday trade
(DBN)

Stocks mostly lower as Apple drops; retail, energy stocks gain US stocks finish slightly lower after light day of trading
(DBN)

Dow and S&P 500 post 5-week winning streak after Trump signs tax bill
(DBN)

Investors yank billions out of market following Trump's tax bill win
(DBN)

Trump Said the Dow Hit the Most Record Highs Under Him. Then This Economist Schooled Trump
(DBN)

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Layoffs:

AT&T Announces Thousands of Layoffs, Firings Just in Time for Christmas
(DBN)

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Politics:

‘Dossier is bogus’: Trump goes off the rails in new attack on ‘tainted’ FBI and ‘crooked Hillary’ Sarah Sanders in 2016: ‘When you’re attacking the FBI, you’re losing’ Obama’s CIA Offered to ‘Zap’ Russian Websites, But Trump Administration is Reluctant Kremlin trolls burned across the Internet as Washington debated options Painter: Trump Making Mueller's Job Easy Trump Lawyer Sticks to Prediction on Quick End to Russia Probe The quiet probe into Clinton email investigation could be a landmine for Robert Mueller
(DBN)

A Twitter Tirade for Christmas
(DBN)

Trump blames Sessions in part for Alabama Senate loss
(DBN)

Trump Country: Their Faith is Unshaken
(DBN)

President Trump Spent Nearly One-Third of First Year in Office at Trump-Owned Properties Trump has now spent more than a 3rd of his presidency at his properties and a 4th at his golf clubs But He Tweeted He Was Going Back to Work
(DBN)

It’s ‘very gold’: The presidential coin undergoes a Trumpian makeover
(DBN)

Orrin Hatch is Utahn of the Year: "Utter lack of integrity that rises from his unquenchable thirst for power" Hatch tweets that he's 'grateful' for editorial that said he had an 'unquenchable thirst for power'
(DBN)
(DBN)

Trump Cuts UN Funding After Israel Vote US Secures $285M Cut to UN Budget
(DBN)

Which Nation Does the World Trust Most?
(DBN)

Fact Check: Trump on making Christmas great again President Trump issues statement on Kwanzaa
(DBN)

People are 'cocooned in information' because of social media, Barack Obama says
(DBN)

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Travel:

A Woman Says United Gave Her Seat to a Congresswoman. She Wants a Written Apology. United apologizes to passenger who says US representative got her seat
(DBN)

JetBlue plane skids off taxiway in Boston, no injuries
(DBN)

Flying in airplanes exposes people to more radiation than standing next to a nuclear reactor
(DBN)

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Aviation:

Plans to Add Planes Sent Island Air Into Nosedive
(DBN)

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Healthcare:

Kansas City area medical practice falls into bankruptcy
(DBN)

MS: Coast doctors say their finances are on life support over bankrupt e-Fitness
(DBN)

Trump: GOP, Dems Will Agree On Health Care Plan
(DBN)

13 Countries with the Longest Life Expectancies
(DBN)

Quality Care cuts rents for struggling nursing home chain ManorCare
(DBN)

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Cleantech:

The Cleantech Casualties of 2017
(DBN)

Clean-Energy Financing GOP Once Dubbed ‘Scam’ Now Set for Rescue
(DBN)

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Nuclear:

SCANA: Where Do We Go From Here?
(DBN)

For ailing US nuclear industry, new plants a shot in the arm
(DBN)

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Food/Beverage:

Judge Approves Sale Of Grocery Store
(DBN)

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Orchestras:

Philadelphia’s Vulgamore: I’m proud we pulled the bankruptcy trigger
(DBN)

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Toys:

How the toy makers lost their Christmas magic
(DBN)

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Auto Racing:

Michigan liquidator finds new operator for Skip Barber Racing School
(DBN)

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Student Debt:

Education Department Rolls Back Relief to Defrauded Corinthian Colleges Students
(DBN)

What 2017 meant for student loan borrowers
(DBN)

Stopping a Student-Loan Scam
(DBN)

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Economy:

One sure-fire prediction for 2018: Americans will take on even more debt
(DBN)

World's Wealthiest Became $1 Trillion Richer in 2017
(DBN)

Understanding the Trump Show
(DBN)

2017: A Great Year to be Rich
(DBN)

Consumer sentiment continues to sink in December
(DBN)

Can Central Banks Keep Control of Interest Rates?
(DBN)

Consumers spent their savings in November
(DBN)

China to Overtake US Economy by 2032 as Asian Might Builds
(DBN)

U.S. Leverage Loan Issuance Since 2011
(DBN)

Trump signs the massive GOP tax reform bill into law No One Knows What Tax Bill Will Accomplish Wealthy Americans Are Already Trying to Exploit the New Tax Law Republican tax bill becomes law as Trump convenes ‘rush job’ event in Oval Office Trump says tax bill is 'the rage' in corporate America, but this scorecard shows it's too early to tell Here's how your tax bracket will change in 2018 Tax Law Removes Millions from Tax Rolls FactCheck: A Guide to Tax Changes Tax provision could bring lots of U.S. corporate cash from abroad Tax overhaul aligned with Trump Taj Mahal New Tax Law Takes Aim At Higher Education’s Millionaires Club Tax break for disaster losses largely disappears with new tax law Tax Overhaul Could Jolt Dollar as Firms Bring Home Cash A Stalled Las Vegas Resort Is Now a Go Thanks to the Tax Overhaul Playing the New Tax Law BofA Says Tax Act Forces $3 Billion Fourth-Quarter Earnings Cut Breaking Down the New Corporate Tax Law More On AT&T's $1,000 Tax Cut Bonus To Workers
(DBN)

Paul Ryan wants to cut entitlements to trim the deficit, but political reality stands in his way
(DBN)

Most Don't See Christmas as Religious Holiday
(DBN)

Man Who Left Manure at Treasury Secretary Steve Mnuchin’s House Revealed Protesting tax cuts
(DBN)

Employers Are Looking for Job Candidates in the Wrong Places
(DBN)

Federal workers poised to overtake salaries of senators
(DBN)

America’s trade wars are heating up, as more U.S. companies sue for relief
(DBN)

Even With Trump Minerals Order, U.S. Miners Face Uphill Battle With China
(DBN)

Mixed Feelings on NAFTA in Mexico
(DBN)

The most astonishing and predictable trend in economics just got more astonishing and predictable
(DBN)

America's 20 companies with the most profit per employee
(DBN)

Bitcoin $1 million, Amazon $1 trillion: Bold calls of 2017 are worth watching now
(DBN)

10 companies that will be hiring thousands in 2018
(DBN)

Ron Paul: Trump may be vulnerable to 2020 GOP primary challenge
(DBN)

Krugman: America Is Not Yet Lost
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

New-home sales roar to a fresh high as builders feed a market starved for supply US home prices surged 6.2% from a year ago Home prices stay high, up 6.2% from a year earlier, Case-Shiller shows
(DBN)

Mortgage rates inch up, and some fear a tax-cut-fueled surge is coming
(DBN)

The Next Big Trade for Bond Investors Is Betting on U.S. Homeowners
(DBN)

27 stunning photos of the neighborhood that puts on the best Christmas-light displays in America
(DBN)

Here's where home prices could take the biggest hit thanks to tax reform
(DBN)

Navigation Apps Ruining Quiet Neighborhoods
(DBN)

Tax Law Could Slow Down a Bank Favorite: Jumbo Mortgages
(DBN)

The glory days for US luxury real estate are over
(DBN)

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Municipalities:

How politics screwed Puerto Rico out of billions in disaster aid
(DBN)

Dark, desperate life without power in Puerto Rico
(DBN)

Parts of Puerto Rico could be without power until May
(DBN)

Puerto Rico increasingly fragile as recovery founders
(DBN)

Four Senators Seek Longer Foreclosure Delay in Puerto Rico
(DBN)

The cameras go off, and then comes the collapse
(DBN)

GOP tax bill treats Puerto Rico as a foreign country
(DBN)

What self-made millionaire Marcus Lemonis learned when he visited crisis-ridden Puerto Rico
(DBN)

Lawsuit: Detroit illegally collected millions in parking fines
(DBN)

In Rhode Island, lawmakers face money woes
(DBN)

House committee approves MCS takeover bill
(DBN)

Report: Hartford Financial Weaknesses 'Not Common' In Other Connecticut Cities
(DBN)

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Oil/Gas:

Keppel O&M bribery scandal: Elaborate scheme used to disguise bribes, says US attorney
(DBN)

Iraq: Oil Prices Are Going Up in Spring
(DBN)

Oil spikes to more than 2-year high following pipeline explosion in Libya US crude hits $60 a barrel for the first time since June 2015
(DBN)

As oil passes major milestone, here’s what 2018 could hold
(DBN)

A US regulator is proposing to roll back regulations put in place following the Deepwater Horizon oil spill
(DBN)

Bankrupt oil producer Cobalt notches $500 mln deal for Angola assets
(DBN)

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Tech:

Analysts Cut iPhone X Shipment Forecasts, Citing Lukewarm Demand Apple Stock Tumbles on Reports of Low iPhone X Demand -- Is It Legit? Analyst defends Apple, says iPhone X order cut reports are incorrect
(DBN)

Ex-KIT CEO, Socialite Convicted at Fraud Trial
(DBN)

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Personal Finance:

Woman gets $284 billion electric bill, wonders whether it's her Christmas lights
(DBN)

What NOT to do when you re-gift your unwanted swag after the holiday season
(DBN)

Missing this key retirement deadline could trigger a 50% tax penalty
(DBN)

Yes, more Facebook friends are asking you for money
(DBN)

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Taxis:

Uber's food-delivery company is outgrowing the taxi business in some cities
(DBN)

Uber Drivers Are Making Congestion Worse

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Biotech:

Theranos dodges bankruptcy after $100 million loan: Report
(DBN)

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Celebs:

Lainie Kazan Busted for Shoplifting
(DBN)

Orlando music studio problems plagued Eminem, other artists
(DBN)

Ex-NBA player who made $60 million explains what really happens to your money when you sign an 8-figure contract
(DBN)

Here's Proof Birdman Is Unbothered By $12M Debt Claims
(DBN)

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Weather:

Erie gets record snowfall during Christmas blizzard
(DBN)

Wildfires Scorch California Earth, and Its Air
(DBN)

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Pensions:

As pensions vanish, many older Americans must keep working
(DBN)

‘I hope I can quit working in a few years’: A preview of the U.S. without pensions
(DBN)

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Gambling:

Billionaire goes all-in on Cal Neva Resort & Casino
(DBN)

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Alternative Energy:

With bankruptcy , Black Oak Wind Farm officially dead
(DBN)

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Telecoms:

Harbinger Capital Sues Apollo Global Management Over LightSquared Losses
(DBN)

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Electricity:

Sempra Energy : Additional Texas Stakeholders Join Oncor-Sempra Energy Settlement Agreement
(DBN)

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Entertainment:

Weinstein Co. board meets to consider bids as decision time looms
(DBN)

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Autos:

2017: The Year Tesla Failed
(DBN)

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Defaults:

Leveraged Loan Portfolio Managers Foresee Steady Increase in Default Rate, to 2.24% in 2018
(DBN)

Credit markets will enjoy one last hurrah
(DBN)

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Education:

How tax policy made college unaffordable
(DBN)

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New Bankruptcy Opinions
(14 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 (10 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:

Total Bankruptcy Filings Increase in November
(DBN)

NC: Bankruptcy filings on track for slight rise in 2017
(DBN)

Weekly Bankruptcy Claims Trading Activity
(DBN)

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Bankruptcy Crimes:

How to Get Away with Bankruptcy Fraud
(DBN)

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Sanctions:

Court Holds that Bankruptcy Judges Cannot Impose Punitive Sanctions
(DBN)

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Mediation:

Do Rhetorical Questions Diminish a Mediator’s Credibility?
(DBN)

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Corporate Governance:

Violations of Directors’ Fiduciary Duty of Disclosure May Require Nominal Damages
(DBN)

The 20 Worst CEOs in America
(DBN)

Everything I Need To Know About Being On A Fortune 500 Board I Learned In 7th Grade
(DBN)

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Ch. 13:

Traffic Fines Not Given Priority in Chapter 13
(DBN)

Fourth Circuit Side-Steps Retirement Contribution Issue
(DBN)

Tax Sale Can be Redeemed Through Chapter 13 Plan
(DBN)

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Fraud:

The real reason Trump commuted the 27-year sentence of a kosher meat packing exec.
(DBN)

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Retailing:

Radio Shack: Business Consultant Submits Perfect Bill
(DBN)

The holidays were 'a big win' for struggling retailers as sales soared U.S. Retailers Feel Christmas Cheer After a Tough Year US retail holiday sales jump 4.9%, biggest increase since 2011 Retail stocks rally on report of biggest holiday spending jump in six years U.S. department store stocks jump on holiday spending record
(DBN)

Toys R Us 'will survive in a different form' as online competition grows, former CEO says
(DBN)

US retail bankruptcies hit 6-year high in 2017: Report
(DBN)

Store closures rocked retail in 2017. Now 2018 is set to bring another round of them
(DBN)

17 Retailers on the 2018 Death Watch
(DBN)

Is 2018 the end of the road for Sears or Toys R Us?
(DBN)

The looming retail apocalypse may be postponed in 2018
(DBN)

Bon-Ton proposes debt-for-equity swap to bondholders
(DBN)

US retailers in dire need of growth look to the China market
(DBN)

Year-over-Year U.S. Holiday Spending Growth Since 2010
(DBN)

HHGregg to shut all shops after failing to discover a purchaser
(DBN)

Luxury retailers poised to benefit from growing global wealth, says analyst
(DBN)

These haunting photos of the retail apocalypse reveal a new normal in America
(DBN)

Surviving the retail apocalypse: Polsinelli experts offer a guide
(DBN)

Good news for FedEx and UPS: People just opened $90 billion in unwanted gifts
(DBN)

Here's what could happen to America's hundreds of dead malls
(DBN)

Brookfield seeks to restructure offer for GGP
(DBN)

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Currency:

Bitcoin Investors Are Having a Pretty Terrible Holiday Season
(DBN)

Bitcoin has lost nearly half its value after crashing at a breakneck pace Nearly $150 billion down the drain in Friday’s cryptocurrency selloff Bitcoin investors could have avoided huge losses by ‘respecting price’ Bitcoin plunges below $11,000 in volatile trading on Coinbase as rout accelerates; now down 40 percent from record
(DBN)

Tom Lee: Bitcoin just had a much-needed pullback and is quickly headed back to $20,000 Bitcoin Finds Floor After Worst Selloff Since 2015 Bitcoin surges back above $15,000 Bitcoin Explosion Could Impact Stocks Bitcoin could hit $60000 in 2018 but another crash is coming, says startup exec Bitcoin climbs back above $16,000, rallying more than 50% from Friday's low Bitcoin steadies after a rollercoaster Christmas
(DBN)

The true price of bitcoin might be zero
(DBN)

Bitcoin 'Is Just Like the Dot-Com Bubble'
(DBN)

Heed Warren Buffett’s warning: bitcoin is pure FOMO (fear of missing out)
(DBN)

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UK:

Brexit Began to Bite UK Economy in 2017
(DBN)

Theresa May’s government reportedly pleads with Prince Harry not to invite the Obamas to his wedding
(DBN)

Debt-ridden football club asks town council for loan
(DBN)

Britain's workforce faces another year without a pay rise in 2018
(DBN)

Shoon creditors to lose £1.6m
(DBN)

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EU:

Europe's Huge Economic Surprise in 2017
(DBN)

US at the Brink of Historic Break with Europe
(DBN)

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PIIGS:

How Catalan Nationalists Lost Their Way
(DBN)

Greece: SEKAP is on the verge of bankruptcy Greek Tobacco Industry SEKAP on the Verge of Bankruptcy
(DBN)

Greece agrees to new reforms but date for fresh payments and discussion on debt is uncertain
(DBN)

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MENA:

US to the UN: Go ahead and try to tell us how to handle Jerusalem, 'we don't care' Guatemala Follows Trump's Lead on Jerusalem
(DBN)

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Venezuela:

Battle of the Bonds: PDVSA Versus Venezuela
(DBN)

'To survive, you have to dollarize': Venezuela's crashing economy is turning the screws on buyers and sellers
(DBN)

Venezuela unrest; Looting, violence after dark
(DBN)

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India:

Will Gujarat NRE go down the drain under Bankruptcy Code?
(DBN)

Bar on wilful defaulters not a moral issue, says IBBI chief
(DBN)

Videocon may be referred to bankruptcy court
(DBN)

Execution is key to NPA resolution under the bankruptcy code
(DBN)

NCLT gets 4,300 insolvency petitions since inception in May 2016
(DBN)

Reliance Communications asset sale speeds India telecom shakeout Reliance Communications reaches agreement on $7bn debt RCom spikes 40% on debt recast plan
(DBN)

Tata Steel Is Said to Seek $5.1 Billion to Help Refinance Debt
(DBN)

How Sebi plans to ease compliance for insolvent companies
(DBN)

Individual Insolvency Regime To Be Operational In Phased Manner, Bankruptcy Board Chief Says
(DBN)

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China:

China needs Detroit-style bankruptcy?
(DBN)

Judges urge bankruptcy trial reform
(DBN)

China Central Bank Official Says Bankruptcy May Benefit the Country
(DBN)

China Regulator Summons Founder of Debt-Laden Tech Conglomerate Jia Yueting Back to China Unravelling of LeEco leaves creditors scrambling for cash
(DBN)

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Brazil:

Veiled threats and boardroom battles: the bitter close of a Brazilian bankruptcy
(DBN)

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Bahamas:

Bahamas Developer Claims Huge Chinese Fraud at $3.9 Billion Resort
(DBN)

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Germany:

Air Berlin collapse added to Lufthansa's Q4 revenues -CEO
(DBN)

Niki staff will get December salaries, works council chief says
(DBN)

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Cayman Islands:

Amended and Consolidated Cayman Islands Insolvency and Restructuring Rules
(DBN)

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