December 29, 2017

The Daily Bankruptcy News

View prior editions: Click Here
View prior case summaries: Click Here
Search prior headlines: Click Here
Search prior case summaries: Click Here

3-Column Formating

 

Law:

Will This Firm’s Bonuses Prove Troubling For Associate Taxes? The Year Is Almost Over, Where’s Your Bonus?
(DBN)

The year in perspective: Disappearing law firm brands in 2017
(DBN)

Change at the Top? Many Law Firms Remain Unprepared
(DBN)

New Dean Will Be Only Woman Of Color To Lead Top 30 Law School
(DBN)

Building the Big Law Escape Kit: The Boutique Option
(DBN)

Former Biglaw Partner Faces Up To 20 Years In Prison For Fraudulent Scheme
(DBN)

Cybersecurity Spending at Law Firms, Legal Departments Is Predicted to Increase in 2018
(DBN)

Apple apologizes for battery slowdown: 'We know that some of you feel Apple has let you down' A huge wave of harassment claims is about to hit Congress—hard
(DBN)

Mueller's team to question former RNC officials on Russia Trump campaign adviser indicted in Mueller probe wants out of house arrest to party on New Year’s Eve What we learned about Trump, Russia, and collusion in 2017 Trump boasts of his policy knowledge, says Mueller will be fair Trump: So What? Collusion with Russia is Not Illegal
(DBN)

Academia faces #MeToo movement over harassment How Hollywood is aiming to change its culture of harassment
(DBN)

Eric Schneiderman Has Been A Busy Little Bee
(DBN)

Greenberg Traurig Shareholder's Happy Place: Where the Rubber Meets the Road
(DBN)

Sessions to Courts: Jail People for Being Poor
(DBN)

Uncovered: FBI Files on Frank Sinatra
(DBN)

Apple apologizes, will cut battery price after admitting it slowed down old devices
(DBN)

Tightest security ever for New Year’s after deadly attacks
(DBN)

12 Dead In Belmont, Bronx Fire
(DBN)

Court Rules Against Anti-Gay Baker
(DBN)

______________

Judges:

Laughing Isn't Banned at US Supreme Court. Here Are Some of the Year's Best Lines
(DBN)

Chemerinsky: The most important SCOTUS stories of 2017
(DBN)

______________

Wall Street:

Wall Street set for a positive open as 2017 draws to a close
(DBN)

Dow sets record close, tracking to end year with 6 full weeks of gains for the first time since 1954 Stock optimism swells as S&P 500 hits most overbought level in 22 years
(DBN)

______________

Layoffs:

Depomed reveals plans for hundreds of Newark job cuts
(DBN)

HHGregg to layoff 268 company employees
(DBN)

How Sweden is preparing for the robot revolution
(DBN)

______________

Politics:

Alabama's top election official — who voted for Roy Moore — rejects his 'election fraud' complaint Roy Moore claims he took a polygraph test to dispute misconduct claims Doug Jones certified as Alabama's first Democratic senator in 25 years Roy Moore's Last Gasp
(DBN)

Trump threatens China, says Russia inquiry makes America 'look very bad'
(DBN)

Trump has set a new record for most White House departures
(DBN)

Russian pranksters trick Nikki Haley
(DBN)

The Rise of the Alt-Right
(DBN)

Vanity Fair backlash proves the left needs to divorce Hillary Clinton
(DBN)

______________

Retailing:

Claire's pulls makeup popular with girls amid asbestos allegations
(DBN)

Here's What Retailers Have to Prove in 2018
(DBN)

Police disperse some 1,000 'disorderly' young people at Cherry Hill Mall
(DBN)

Why the new tax bill may drive retailers to hire less, automate more
(DBN)

Amazon vs. retailers: 7 takeaways from tracking holiday prices
(DBN)

Steinhoff falls deeper into junk
(DBN)

Holiday Shopping Rebound Dispels Doomsday Chatter for Retail in 2018
(DBN)

______________

Education:

Bishop Gorman landlord blames family who built campus for bankruptcy
(DBN)

______________

Autos:

Creditor committees want more Chapter 11 plan details from Takata's U.S. unit
(DBN)

VW Tries to Block Emissions Audit in Court
(DBN)

GM Wins Again as Two More Ignition-Switch Suits Are Thrown Out
(DBN)

______________

Coal:

US Officials Say They Wrongly Announced Coal Mine Expansion
(DBN)

______________

Economy:

Americans have more credit cards - and more debt, says CFPB
(DBN)

New Jobless Claims Stable at 245,000
(DBN)

Charities worried about donations under new tax bill Andrew Cuomo is waging an all-out assault on the GOP tax law Blue-state governors gear up for possible legal fight over GOP tax law Former HUD Secretary Henry Cisneros says new tax code threatens the 'fragility' of the US system GOP Tax Bill to Add to Exploding Deficit Is It Legal to Tax Democrats More Than GOP? Trick May Help Blue States on New Tax Law How to Fix the GOP Tax Plan Netflix gives top executives a big raise, citing the new tax law as the reason Banks Offer Cash-Strapped Clients a Way to Game Trump’s Tax Plan US Tax Change Costing Foreign Firms Billions How Trump’s Tax Overhaul May ‘Punish’ Foreign Banks With U.S. Units
(DBN)

U.S. Is Becoming the World’s New Tax Haven
(DBN)

Bill Gates says people with these 3 skills will be successful in the future job market
(DBN)

The 10 jobs with the biggest annual cash bonuses
(DBN)

Many Americans don't have a plan to pay off their debts
(DBN)

2018’s challenge: Too many jobs, not enough workers
(DBN)

What should investors worry about in 2018? Here’s a big, fat list of risk factors
(DBN)

The economy is normal again
(DBN)

By almost every measure, America's still on the upswing heading into 2018. Just one thing...
(DBN)

CEOs Earn 245 Times More Than Workers
(DBN)

Trouble ahead? What 4 recession indicators say about the economy
(DBN)

Issuance of Collateralized Loan Obligations Climbs in 2017
(DBN)

Licensing Makes It Harder to Go Where the Jobs Are
(DBN)

Return of Volatility Foreshadowed In Economic Data
(DBN)

Ca. Minimum Wage Workers get a 50 Cent Raise Next Week
(DBN)

Americans’ 2018 Predictions : Foreign Strife, Strong Economy
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

______________

Real Estate:

Homes in US Gained $2 Trillion in Value This Year, Zillow Says Zillow Case-Shiller Forecast: More Solid House Price Gains in November
(DBN)

Freddie Mac: Mortgage Serious Delinquency rate up sharply in November
(DBN)

Mortgage rates end 2017 with a whimper not a bang
(DBN)

The 17 US cities where rents are soaring the most
(DBN)

What to do right now if you want to prepay 2018 property taxes No, you probably shouldn’t rush out and prepay your 2018 property taxes This one weird trick lets blue states avoid Trump’s tax hike The IRS’s Guidance on Property Taxes Has the U.S. Confused
(DBN)

More than 13% of the homes in these states are worth more than $1 million
(DBN)

Woodbridge Group of Companies Takes Action to Protect and Maximize Recoveries to Its Stakeholders Woodbridge Files Motion To Prevent SEC Appointing Receiver Over Debtor's Chapter 11 Bankruptcy Estates?
(DBN)

Reis: Apartment Vacancy Rate increased in Q4 to 4.5%
(DBN)

____________

Municipalities:

Puerto Rico Discards Activation of the National Guard
(DBN)

Puerto Rico Relief Package Demands More Than Half Measures
(DBN)

______________

Oil/Gas:

Crude oil inventories fall again
(DBN)

U.S offshore drilling agency rolls back safety regs
(DBN)

Hyperdynamics files for Chapter 7 Bankruptcy
(DBN)

______________

Mass Torts:

Retailer Claire's pulls makeup from its shelves over asbestos concerns
(DBN)

______________

Travel:

The TSA is now waiting until 2020 before it forces some Americans to use a passport to fly domestically
(DBN)

This airline has the absolute worst food (for health-conscious passengers)
(DBN)

______________

Brokers:

Citigroup Fined for Telling Clients to Buy When It Meant Sell
(DBN)

______________

Agriculture:

Judge approves McM Inc. payout to secured creditors
(DBN)

______________

Telecoms:

Judge rejects $100K daily fines in middle-mile litigation
(DBN)

______________

Media:

Point.360 Enters Into Debtor In Possession Financing Agreement
(DBN)

______________

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 (3 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (2 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)

______________

Religion:

Judge overseeing Archdiocese’s bankruptcy case rejects both sides’ plans Judge rejects rival proposals for ending archdiocese bankruptcy Judge Orders Parties Involved in Archdiocese Bankruptcy Case to Return to Mediation Twin Cities Archdiocese Bankruptcy Plans Denied By Judge Judge overseeing Twin Cities archdiocese bankruptcy rejects both sides' plans
(DBN)

______________

Insurance:

Squire Patton Team Obtains $123 Million Judgment for Insolvent Insurer
(DBN)

______________

Miscellaneous:

2017 Bankruptcy Review And 2018 Distressed Debt Forecast
(DBN)

______________

Valuation:

Eight Unfortunate Ninth Circuit Words in Sunnyslope: “We Take the Supreme Court at its Word.”
(DBN)

______________

Distressed Investing:

Billionaire John Fredriksen Is Locked in a Junk Bond Sea Battle
(DBN)

______________

Healthcare:

New year, new affiliation, merger, and leader at TLC
(DBN)

Why American doctors keep doing expensive procedures that don’t work Maybe Half of Medical Procedures Don't Work
(DBN)

______________

Student Debt:

How race affects student debt
(DBN)

______________

Currency:

Bitcoin dips below $14,000 as South Korea bans anonymous trading
(DBN)

______________

Climate:

Megadisasters devastated America this year. They’re going to get worse.
(DBN)

Southern California is (still) on fire. Now it has the largest blaze in state history.
(DBN)

Trump mocks global warming in tweet
(DBN)

______________

PIIGS:

Greek government developed ambitious privatization program for 2018
(DBN)

SEKAP bankruptcy set to be decided on Friday
(DBN)

Is Greece Ready for a Ronald Reagan or Margaret Thatcher?
(DBN)

______________

Austria:

BA's owner to buy bankrupt Austrian airline, Niki One bidder still interested in buying airline Niki, Lauda pulls out
(DBN)

______________

Russia:

Aeroflot CEO warns of bankruptcy risks for Russian air carriers
(DBN)

Russian court sentences Browder to 9 years in prison for deliberate bankruptcy
(DBN)

______________

India:

China Development Bank says talks with India’s indebted Reliance Communications underway India's Reliance Jio to buy RCom's wireless assets in $3.75 bln deal RCom-RJio deal protects lenders’ interest, says SBI chief Rajnish Kumar RCom shares jump nearly 35% on Reliance Jio deal
(DBN)

RBI won’t extend deadline for 2nd list of defaulters
(DBN)

Insolvency Bill eases rules for SME promoters
(DBN)

______________

China:

Beijing court seizes assets of LeEco's Jia Yueting
(DBN)

China's leaders fret over debts lurking in shadow banking system
(DBN)

______________


The Daily Bankruptcy News is primarily a curated news link gathering service.   Most of the headlines contained in the publication are a collection of links to stories posted on the Internet by various third party publications.  Such content is owned by third party sources, not The Daily Bankruptcy News, and in some cases, these links change or expire, which means you may not be able to view some news stories in prior editions of the Daily Bankruptcy News. The DBN subscription fee is not a fee for access to the content of the links, but is a charge for the considerable work involved in gathering, organizing and presenting the links. Use of this site and The Daily Bankruptcy News is subject to our Terms of Use. If you received The Daily Bankruptcy News via email (and you have a paid subscription account), to view a news story, click on the headline, and the story should open in your web browser. To view additional stories, click back to the email and click on additional headlines, which will cause new stories to open in your web browser.  You can view the Daily Bankruptcy News on the web by clicking here.

Advertising
Advertising is available in The Daily Bankruptcy News. Click here for details  Feel free to contact us with any questions.

Passwords/Subscriptions
Access to certain links in The Daily Bankruptcy News is available only to readers holding a paid service subscription. These links are currently marked with a "DBN" notation. The cost of a subscription is $64/year, payable annually.  Volume discounts are available for sites with multiple users. Click here to see a schedule of discounts. Complimentary subscriptions are available for full-time educational and governmental employees and for full time students. For information about discounts or educational/governmental subscriptions, contact us by clicking here. A separate password is required for each member of a firm wishing access to restricted links.

New readers can receive a free password good for 30 days by clicking here. 30-day passwords are not available to readers who have previously had a password, even if the password was associated with a different email address used by the reader. Refunds are not available after purchase.

Readers who wish to change their passwords should click here. Readers who have forgotten their password should click here.

Adding Your Email Address To The Distribution List
If you would like to start receiving The Daily Bankruptcy News by email each day, click here, and fill in the information requested. There is no charge to be placed on the distribution list to receive the headlines, although access to many of the links behind the headlines requires a paid subscription (see above, under Passwords). If, after adding your email address to the distribution list, you do not receive an email confirming the addition, please contact us by clicking here for help.

Removing Your Email Address From The Distribution List
If you already receive The Daily Bankruptcy News by email and you wish to remove your email address from the distribution list, click here and send the email that should appear. You do not need to type anything in the body of the email message. Note that the email asking for removal must be sent from the same email address which is on our distribution list. If you do not receive an email confirming deletion of your email address from the distribution list, contact us by clicking here for help.

If receive the publication forwarded from an older email address, you will need to contact us as described below for help removing that older address from our distribution list.

Press Releases/News Tips
Please send press releases and news tips to admin@bkinformation.com

Contact Us
The Daily Bankruptcy News is published each business day by BKINFORMATION.COM, L.L.C. You can reach us at 281-402-3957 or at accounting@bkinformation.com (email inquiries are usually answered substantially more quickly than phone inquiries). Our mailing address is 935 Eldridge Road, No. 350, Sugar Land, Texas 77478.

Copyright 2017