July 19, 2017

The Daily Bankruptcy News

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Law:

The Expansion of White & Case's Restructuring Practice Continues With the Addition of another New Partner
(DBN)

Greenberg Traurig Faces Bankruptcy Client's Wrath in Malpractice Fight
(DBN)

Disclosure Forms Reveal Biglaw Partner’s Salary, Despicable Clients
(DBN)

Outside Counsel Guidelines Lack Cyber Requirements. Does It Matter?
(DBN)

College Majors That Produce The Highest (And Lowest) LSATs And UGPAs
(DBN)

Will All Law Firms Eventually Go Virtual? Live Conversation With Rimon P.C. Founder Michael Moradzadeh
(DBN)

How Can Law Schools Lure Back Smart Applicants?
(DBN)

Fugitive lawyer is sentenced in $550M disability scheme; he is spotted in New Mexico
(DBN)

Spicer Confirms President Stands With Kasowitz… Start The Countdown To His Firing
(DBN)

Man who drove dead neighbor to his lawyer’s office won’t be charged
(DBN)

Lawyer's Ex-Wife Asks Court to Make New Wife Pay Her Legal Fees
(DBN)

Trump Pissed Sessions Conformed To Basic Of Legal Ethics
(DBN)

Law Librarians Being Awesome
(DBN)

Sometimes, having a "long-planned European vacation" is reason enough to get a person excused from attending to certain duties. But not at the Fifth Circuit
(DBN)

Officer: Partner Fired Fatal Shot Moments After Loud Sound
(DBN)

Miss Universe 2017: Beauty queen representing Great Britain is a law student
(DBN)

'The Bachelorette' Attorney Rachel Lindsay Narrows Field to Three Bachelorette Rachel Lindsay “Cried on the Entire Flight” to Dallas After Dean Unglert’s Hometown Date
(DBN)

Drug Dealer Reports Theft Of His Cocaine To Police
(DBN)

South Dakota Uses Catheters on Motorists?
(DBN)

Lawyer is slain in his home by man who wrongly connected him to 1997 case
(DBN)

On Three Year Anniversary Of Dan Markel's Murder, Wheels Of Justice Continue To Turn Slowly
(DBN)

‘Let Her Go to Hell’: Christian Father Killed Daughter over Her Relationship with Muslim Boyfriend, Police Say
(DBN)

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Judges:

Judge Merrick Garland For President — Of Harvard University
(DBN)

PR Bankruptcy Court To Close On Three Kings Day
(DBN)

Law schools are filled with Asian Americans. So why aren’t there more Asian judges?
(DBN)

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Wall Street:

Nasdaq set for fresh record high, while Dow, S&P struggle for direction
(DBN)

Nasdaq closes at record high, posts longest winning streak since 2015
(DBN)

The stock market hasn't been this confident in 24 years
(DBN)

Goldman Pulling the Levers of Power Secretly
(DBN)

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Layoffs:

Harley Davidson to Start Laying Off Workers
(DBN)

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Politics:

Republicans Deliver a Stinging Rebuke to Donald Trump
(DBN)

As Party Drifts Left, Pragmatic Democratic Governors Have Eye on White House Dem donors buzzing about Kamala Harris
(DBN)

Eighth person in Trump Tower meeting is identified A California businessman born in the former Soviet Union also attended Trump Jr. meeting Trump Had Secret Second Meeting with Putin Trump and Putin had another, previously undisclosed conversation at the G-20 — and world leaders were 'flummoxed' The Russian lawyer who met Trump Jr. wants to testify before Congress
(DBN)

Republicans Aren't Turning on Trump—They're Turning on Each Other
(DBN)

It's Never Trump's Fault
(DBN)

All the President's Dirty Tricks
(DBN)

Poll: Trump Would Still Beat Clinton
(DBN)

Longest-serving Republican House speaker released from prison
(DBN)

Fact Check: Ted Kennedy met "with the KGB in order to beat Ronald Reagan in 1984."
(DBN)

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Healthcare:

Trumpcare as We Know It Is Dead The Senate healthcare bill is dead, and it doesn't look like it'll come back Trump contradicts himself in tweetstorm on Obamacare repeal, suggests Republican go 'nuclear' Paul Ryan threw Republican senators under the bus on their healthcare failure Congress Achieves Bipartisan Failure on Obamacare A Chance for a New Beginning on Health Care Trumpcare's Death (for Now) Is Good for Health Care 7 years of GOP repeal promises and shifting goals An 'unmitigated disaster for Trump': President's agenda in shambles after healthcare collapse 11 GOP and Dem Governors issue joint statement on health care
(DBN)

'Nuclear' option fizzles: For the second time in less than 24 hours, Republicans' healthcare plans have gone down in flames Senate health care attempt may not be dead yet Trump Says ‘Let Obamacare Fail’ as Repeal Push Dies Republicans Now Have 3 Options for Dealing With Health Care Trump is making a last-ditch effort to resurrect the GOP's health care push Trump: "Let Obamacare fail... I'm not going to own it." Will ObamaCare Really Fail?
(DBN)

What Wall Street Is Saying About the Health-Care Bill's Collapse
(DBN)

Integrity Health Plus files for bankruptcy; owes La Plata County thousands
(DBN)

Judge: Former HDL execs can still sue LeClairRyan
(DBN)

Deadline to pay $79.6M passes for Toledo firm
(DBN)

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Nuclear:

Report urges end of nuclear power project in South Carolina
(DBN)

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Maritime:

Ex-Daewoo shipyard CEO gets reduced sentence in appeal over accounting fraud
(DBN)

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Mining:

This CEO Wants Trump to Nationalize the Only Rare-Earth Mine in America
(DBN)

Former Magnetation owners move to Canadian mine
(DBN)

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Food/Beverage:

Strack & Van Til sale approved, but two Ultras to close after bidder fails to emerge
(DBN)

A Chipotle restaurant is closed after yet another foodborne illness outbreak
(DBN)

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Radio:

Do iHeartMedia's Creditors Have A Plan To Avoid Bankruptcy?
(DBN)

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Aviation:

Turbulent times ahead for commercial airlines as soaring fuel costs leave profits grounded
(DBN)

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Gambling:

Chapter 11 Could Mean A New Chapter For Run-Down Caesars Casinos
(DBN)

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Economy:

Large Number Worse Off Than Their Parents
(DBN)

The gap between the rich and the poor fell 'dramatically' after the 2008 financial crisis
(DBN)

Americans Remain Slightly Positive About U.S. Economy
(DBN)

The poorest Americans are suddenly worried about repaying their debts
(DBN)

Dollar drops as Trump agenda flails; stocks wobble on earnings
(DBN)

Drugs, pollution and poverty make it hard for lots of people to think clearly. It's a personal tragedy and a drag on the economy
(DBN)

Made in America Week: The Trump Defense
(DBN)

After healthcare failure, Republicans face similar divisions on tax reform Against All Evidence, Reason And Logic, Goldman Sachs Still Claims To Believe In Trumpian Tax Reform
(DBN)

Getting Radical About Inequality
(DBN)

As NAFTA Renegotiation Comes Closer, Debates From TPP Re-Emerge Canada, Mexico to discuss how to handle NAFTA talks: sources Here’s what Canada and Mexico will hate about Trump’s NAFTA plans US Wants Changes to NAFTA's Rule of Origin
(DBN)

How Trump trade policy could complicate your ice cream sundae
(DBN)

The most ‘broken’ town in America is back on its feet
(DBN)

The Age of White Christian America is Ending
(DBN)

A $30 billion hedge fund identified a potential trigger for 'the next financial crisis'
(DBN)

Americans Aren't So Excited About Tax Reform
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

Foreclosure Sales: Strong Arm Powers and the Subtleties of State Law
(DBN)

NYC's Biggest Foreclosure Halted as New Creditor Emerges
(DBN)

Foreigners snap up record number of US homes Foreign investment in U.S. real estate surges 49% Thank the Canadians for Helping Boost U.S. Homebuying by Foreigners
(DBN)

Pittsburgh: New York equity firm steps in to buy 31st Street Studios property in the Strip
(DBN)

Homebuilder confidence slips on rising material costs NAHB: Builder Confidence decreased to 64 in July
(DBN)

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Municipalities:

Bondholders seek receiver for Puerto Rico utility PREPA Creditors of Puerto Rico Utility Demand a Receiver National Public Finance Guarantee Corporation Takes Legal Action to Lift the PROMESA Stay to Seek the Appointment of a Receiver Assured Guaranty Files Motion to Lift Automatic Stay and Commence an Action Against PREPA for the Appointment of a Receiver
(DBN)

Austerity Is Destroying This Puerto Rican Zoo
(DBN)

No, 'Despacito' is not driving a boom in tourism to Puerto Rico
(DBN)

50 Years After Riots, Detroit Continues to Shrink as Downtown Grows
(DBN)

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Oil/Gas:

Low oil prices are pushing drilling companies into bankruptcy
(DBN)

U.S. Shale Output Just Reached A New Record
(DBN)

Paragon Offshore Completes Restructuring Plan and Emerges From Chapter 11
(DBN)

Oil edges up on talk of potential cuts to Saudi exports Saudi Arabia Just Lost a Kitten
(DBN)

Kemp: US Uncompleted Well Backlog Hangs Over Oil Market
(DBN)

The Countries Suffering Most From Low Oil Prices
(DBN)

US Gas Industry Worries Trump Coal Push Leaves Them in the Dark
(DBN)

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Fraud:

Bernie Madoff's Ponzi scheme ignited a $363 billion exodus by investors
(DBN)

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Celebs:

No one is expected to oppose parole for ‘model prisoner’ OJ Simpson OJ Simpson Net Worth: Everything You Need To Know About The Juice's Finances As He Potentially Gets Paroled OJ's Livin' it Up in Prison: Plays Fantasy Football, Gets Sticky Buns, Flatscreens...
(DBN)

Petey Pablo Accused of Missing Payments, Bankruptcy In Danger Of Being Denied
(DBN)

Abby Lee Miller Tearfully Admits She 'Probably Won't Survive' Prison
(DBN)

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Student Debt:

Missing paperwork could wipe out billions in private student loan debt $5 billion in student loan debt could be forgiven. Is your debt part of it? $5 Billion In Private Student Loans Could Be Wiped Away Because Of Shoddy Record Keeping
(DBN)

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Currency:

Ethereum Co-Founder Says Crypto Coin Market Is A Time-Bomb
(DBN)

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Debt Collection:

Houston Debt Collection Lawyer Hit with $25 Million DTPA Judgment
(DBN)

FCC Attempts to Address Thorny Debt Collection Issue
(DBN)

FTC Shuts Down Another Fake Debt Collector
(DBN)

FTC: Fraudsters Posed As Attorneys In Debt Collection Scheme
(DBN)

How Unintended Consequences of a Federal Law Can Put Attorneys at Risk
(DBN)

5th Cir. Holds Debt Collector's Obligation to Report Debt as Disputed Not Limited By § 1692g
(DBN)

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Fraud:

MF Global’s Former Insurer, Allied World Faces $15m Bond Reconciliation
(DBN)

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Autos:

Victims' lawyers say unjust to halt U.S. air bag cases vs. carmakers
(DBN)

Takata's Bankruptcy to Pit Automakers Against Air Bag Victims
(DBN)

With new Takata air bag recalls, automakers may face more liabilities
(DBN)

June auto default rate sets 10-year low
(DBN)

With new Takata air bag recalls, automakers may face more liabilities
(DBN)

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Banking:

Banks May Face Kodak-Style Obsolescence in 5 Years, Jenkins Says
(DBN)

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Coal:

Wyoming's coal sector improving but many jobs may not return
(DBN)

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New Bankruptcy Opinions
(4 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 (5 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:

Bankruptcy Filings Holding Steady for the First Half of 2017
(DBN)

Annual bankruptcy filing total could approach 800K
(DBN)

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Litigation:

How law firms use portfolio finance
(DBN)

What’s ahead in litigation finance?
(DBN)

No Work-Product Waiver for Party’s Disclosures to Litigation Financing Firm
(DBN)

Dispelling the Myths of Litigation Funding
(DBN)

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Recharacterization:

The Supreme Court Agrees to Resolve Recharacterization Circuit Split
(DBN)

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Mediation:

Mediation Confidentiality: Mediator’s Information and Testimony
(DBN)

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Abandonment:

Debtors Have Standing to Seek Abandonment
(DBN)

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UST:

UST Director Addresses the 52nd Annual Seminar of the National Association of Chapter 13 Trustees
(DBN)

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Brides:

The Bridal Industry Extends Help to Brides and Bridesmaids Affected by Alfred Angelo Bankruptcy Attorney General: Best practices for brides-to-be dealing with bankrupt retailers Strangers Give Away Old Wedding Dresses After Alfred Angelo Closures Leave Brides Scrambling
(DBN)

Alfred Angelo bankruptcy lawyer receives 7100 emails from panicked brides
(DBN)

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Sovereigns:

NY and UK Should Enact Collective Action Laws (scroll down)
(DBN)

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Music:

How music streaming service SoundCloud ended up on the brink of extinction
(DBN)

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Retailing:

Abercrombie & Fitch investor calls for buybacks after failed sale
(DBN)

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UK:

More than a quarter of construction firms are at risk of insolvency
(DBN)

Brexit on the Rocks
(DBN)

The UK has 'completely ignored all advice and any concept of there being a strategy' on Brexit
(DBN)

Brexit negotiations are grinding to a halt as Britain refuses to discuss divorce bill
(DBN)

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EU:

The ECB Should Be Firmer With Troubled Banks
(DBN)

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PIIGS:

Greek Bond Sale Is Said to Be Delayed by IMF Debt Cap Rule
(DBN)

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Canada:

Retail Insolvencies in Canada Series, #1: Landlord Perspectives
(DBN)

No imminent end to Essar Algoma's insolvency proceedings
(DBN)

Canada Moves to End Tax Loophole Used by Doctors and Lawyers
(DBN)

Canadians Are Managing Their Mortgages Despite Soaring Debt Load
(DBN)

Sears Canada starts liquidation sales, seeks buyer proposals Sears Canada liquidation sales given OK to start Friday 'Crucial' that liquidation sales start week, says Sears Canada
(DBN)

Trump Name Removed from Toronto Hotel
(DBN)

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India:

Monnet Ispat declared insolvent despite JSW offer
(DBN)

Stringent provisioning a disincentive to insolvency process
(DBN)

'Gujarat High Court views could delay Insolvency Code resolutions'
(DBN)

KKR starts bankruptcy proceedings against Amtek Auto’s overseas assets
(DBN)

Indian banks face $37 billion hit from top 50 stressed assets: CRISIL
(DBN)

Air India may cut 15000 jobs
(DBN)

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Brazil:

Rio's $700 million athletes village was turned into luxury condos but is now reportedly 'shuttered' and 93% vacant
(DBN)

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France:

Peugeot in French stand-off over bailout demands for GM&S
(DBN)

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Azerbaijan:

Investors back restructuring of International Bank of Azerbaijan
(DBN)

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China:

LeEco's Listed Unit Leshi Elects New Board as Creditors Protest
(DBN)

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Venezuela:

Venezuela’s National Oil Company On Its Last Legs
(DBN)

Trump Threatens Venezuela With Sanctions
(DBN)

'All options are on the table': The US could go after the Venezuelan government's lifeline to the world
(DBN)

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