July 20, 2017

The Daily Bankruptcy News

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Law:

The Biglaw Firms That General Counsel Absolutely Adore
(DBN)

New Jersey throws out ethics complaint against bankruptcy attorney for "lack of clear and convincing evidence"
(DBN)

White & Case hit with $390,720 penalty for "recklessly" failing to ensure client confidentiality
(DBN)

Holland & Knight Bolsters Boston Base, Continues Hiring Spree
(DBN)

The number of Asian-American lawyers in the US has doubled since 2000, but not many advance
(DBN)

Ex-Secretary Accuses Quinn Emanuel of Racial Discrimination
(DBN)

Trump Still Hearts Jones Day
(DBN)

Legal Industry Leads in Transgender Policies for Employees
(DBN)

Dean who settled case with Cincinnati Law lands visiting prof spot at Penn State
(DBN)

Has Technology Really Killed The Personal Touch In Law Practice — And Is That Really A Bad Thing?
(DBN)

What Stops Lawyers From Using Macs At Work?
(DBN)

Trump says he wouldn't have hired Sessions after all Why Trump knifed Sessions Trump regrets hiring Sessions, lashes out at Comey, Mueller in interview Trump: I wouldn't have named Sessions attorney general if I'd known he'd recuse himself on Russia
(DBN)

Trump warns Mueller against looking into his family finances apart from Russia probe How Mueller Investigation Could be Shut Down
(DBN)

FBI Nominee to Senate: Trump FCPA Probe Not Off-Limits
(DBN)

The Big Law Docket Scanner
(DBN)

Supreme Court partly rejects Trump on travel ban SCOTUS allows broader exemption of relatives in Trump's travel ban Supreme Court rejects Trump administration's bid to include grandparents in travel ban
(DBN)

Jeff Sessions’s Justice Department turns a $65 million asset forfeiture spigot back on Jeff Sessions Treads on the Property Rights Conservatives Trash Sessions' Plan for More Asset Seizures
(DBN)

AGs Demand DeVos Keep Campus Rape Rules
(DBN)

Infamous lobster thief ordered to serve 57 months in prison, pay $37.3M for decades of plundering fisheries
(DBN)

BigLaw partner managed to dial in to work conference call before his drug-related death
(DBN)

Lawyer Shot To Death In His Own Home By Mentally Ill Assailant
(DBN)

Let’s Watch A Biglaw Managing Partner Get Hit In The Face With A Pie
(DBN)

Cop Records Himself Planting Drugs
(DBN)

How Not To Use Your Berkeley Law Degree Berkeley Law Grad Convicted of Multimillion-Dollar Fraud in Miami
(DBN)

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Judges:

Alleged judge stalkers made obscene phone calls, sent explicit photos; judges live in fear, cop says
(DBN)

‘Rogue One’ actress Jones to play Ruth Bader Ginsburg in upcoming movie
(DBN)

Federal Appellate Judges — They’re Just Like Us! They Love ‘Game Of Thrones,’ Too!
(DBN)

Supreme Court Clerk Hiring Watch: To Know A Judge, Know Her Clerks
(DBN)

Benchslap Of The Day: Sometimes Less Is More, Counselor
(DBN)

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Wall Street:

Wall Street stocks poised to hold onto record run; ECB meeting in the spotlight
(DBN)

Dow, S&P 500 and Nasdaq close at records
(DBN)

US stocks haven't been this unpopular since the financial crisis
(DBN)

Wall Street Efforts to Improve Its Image Fail to Sway Americans
(DBN)

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Layoffs:

In a surprise, Microsoft shutters Oregon high-tech factory?, 124 layoffs
(DBN)

Verso paper mill makes 120 layoffs permanent
(DBN)

Retail jobs under attack (will the killer be the savior, too?)
(DBN)

Half of American jobs are at risk from automation, new study suggests
(DBN)

Carrier to lay off 300 employees on six-month anniversary of Trump's presidency
(DBN)

CSX planning up to 700 additional layoffs
(DBN)

Cray Inc. announces 190 layoffs
(DBN)

Wells Fargo to Close 450 Branches
(DBN)

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Politics:

John McCain diagnosed with brain cancer McCain's Cancer a Very Aggressive Type
(DBN)

Trump to GOP senators: Cancel your recess Can Trump Raise the Dead? Senate to Vote One More Time to Repeal Obamacare Republicans’ health-care split goes all the way to the party’s soul From "nobody can do that like me" to "I'm not going to own it" The Paradox of Mitch McConnell's Repeal-Only Vote The GOP Health Care Meltdown Senate GOP has only bad options on health care
(DBN)

Support For Trump Impeachment Higher Than Nixon
(DBN)

"Deep divisions" in White House over Russia Trump's former campaign chief Manafort reportedly owed millions to pro-Russia interests Trump Jr., Manafort, Kushner scheduled to testify on Russia next week
(DBN)

Teens from across the US reveal what they think about Trump
(DBN)

Majority of Americans say Don Jr.'s meeting was inappropriate
(DBN)

1 in 8 people who voted for Trump want to change their vote: Poll
(DBN)

30 States to Give Voter Data to Trump Panel
(DBN)

Most Popular Governors All in GOP
(DBN)

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Healthcare:

Landlords Force Skilled Nursing Facility Operator Fortis Management Group into Receivership
(DBN)

Trump Tries for an Obamacare Repeal Revival Here’s What Happens If Republicans Repeal Obamacare Without Replacing It Here’s what health care looks like if Republicans’ Obamacare ‘repeal and delay’ plan succeeds CBO: Obamacare repeal would leave 32 million more uninsured and double premiums Health-Care Debacle Exposes the Monster in Trump
(DBN)

Trump’s HHS: Noncompliant insurance plans would come with $12,000 deductibles
(DBN)

Trump: 'Single-Payer Will Bankrupt Our Country'
(DBN)

Health experts puzzled by HHS analysis of Cruz amendment
(DBN)

These 2 Medicaid provisions prevent medical debts from ruining people’s lives
(DBN)

Two Republican Senators Just Guaranteed Runaway Spending on Medicaid
(DBN)

More than 100 million Americans have diabetes or pre-diabetes
(DBN)

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Economy:

Trump Tariffs to Cost Automakers Billions
(DBN)

More US-China trade tensions expected after disappointing talks US, China fail to agree on trade, casting doubt on other issues
(DBN)

China and the U.S. are both going for trade’s nuclear option
(DBN)

Trump's Made in America Spin in Fantasyland
(DBN)

NAFTA Negotiations to Start August 16
(DBN)

Trump's own words put his trade policy in jeopardy
(DBN)

The future of jobs is still a mystery
(DBN)

UBS: Sub-Prime Consumers’ Risk Of Default Rises 44%
(DBN)

The US Loses Ground in Providing Retirement Security to Baby Boomers
(DBN)

All Americans plan to rely more on Social Security, but it could be insolvent by 2034 Social Security Will Be Paying Out More Than It Receives In Just Five Years
(DBN)

Can Congress Finally Stop Wasting $100 Billion a Year in Erroneous Payments?
(DBN)

Paul Ryan just made Trump’s agenda a lot harder to pass
(DBN)

The US economy is on the verge of breaking 2 records — but only one is good news
(DBN)

Private School Is Becoming Out of Reach for Middle-Class America
(DBN)

There’s a Way for President Trump to Boost the Economy by Four Percent, But He Probably Won’t Like It.
(DBN)

Debt Ceiling Concerns Start to Surface in Treasury Bills
(DBN)

Why retiring in America has become less appealing
(DBN)

One-third of American families spend 20% of their income on child care
(DBN)

GOP tax sources: will be hard to get corporate rate below 25% US House panel approves budget measure that advances tax reform
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

Housing Starts increased to 1.215 Million Annual Rate in June Housing starts jump as construction, home buying get back on track Comments on June Housing Starts
(DBN)

Despite inventory shortage, existing home sales surge in California
(DBN)

MBA: Mortgage Applications Increase in Latest Weekly Survey
(DBN)

AIA: Architecture Billings Index positive in June
(DBN)

More Americans are renters now than at any time in the last 50 years
(DBN)

Sanford Capital Weighs Potential Buyers for Its Decrepit Terrace Manor Complex
(DBN)

Brazen leader of massive mortgage modification scheme gets 20 years
(DBN)

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Municipalities:

Your chances of being made whole on Puerto Rican bonds? None to null
(DBN)

Jefferson County’s sale of $339M in refinanced debt sign of restored financial health
(DBN)

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Oil/Gas:

Hedge Funds Bleed As Oil Price Recovery Fails To Materialize
(DBN)

Oil prices tap session highs as U.S. crude stockpiles drop a third week Oil jumps to six-week high on surprisingly big U.S. inventory draws Oil sector gets boost from inventory draws
(DBN)

OPEC's Next Problem: an Army of DUCs
(DBN)

Oilfields are a U.S. jobs bright spot
(DBN)

“Dirty, Difficult, And Dangerous”
(DBN)

Permian Oil Reserves Grossly Exaggerated
(DBN)

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Student Debt:

Don’t Celebrate Yet: Here’s Why That $5 Billion in Student Loan Debt Won’t Be Forgiven This epic clerical error could wipe out $5 billion in student loan debt
(DBN)

Here’s How to Beat Your Student Debt Collector
(DBN)

1,600 lawsuits filed in Colorado courts against students delinquent on school loans
(DBN)

Student loan debt has grown 250% in the last 10 years — here's where grads owe the most
(DBN)

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Retailing:

RadioShack brand to survive under new owner Report: Only One Bidder Wanted The RadioShack Brand And Mailing Lists
(DBN)

Sears sued for holding its stock in retirement plan
(DBN)

E-commerce Is Changing the Definition of Retail Employment
(DBN)

Country Stores, a New England Institution, Are Going Dark
(DBN)

Bankruptcy filings reveal Gordmans’ expenses, from wholesale product prices to monthly rent
(DBN)

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Celebs:

O.J. Simpson murder trial: Where are the key players now?
(DBN)

NYU donor used his companies as a ‘personal piggy bank’: suit
(DBN)

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Radio:

iHeart's Battle With Bondholders Reaches Pivotal Point As It Tries to Avert Bankruptcy
(DBN)

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Solar:

Suniva’s Solar Panel Trade Action and Its Impact on the Industry
(DBN)

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Corporate Reform:

GOP senator says Congress could act within weeks to repeal consumer protection regulation Cotton: Republicans Aim to Block CFPB Arbitration Rule Before August Recess
(DBN)

Big Banks Paid Fines of $273 Billion
(DBN)

Trump stops hundreds of planned regulations
(DBN)

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New Bankruptcy Opinions
(15 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (19 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (14 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:

An Explanation for the Low Bankruptcy Rates: Debt
(DBN)

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Miscellaneous:

Recent Bankruptcy Decision from the Western District of Wisconsin Discusses Negative Equity, Car Loans, and the Chapter 13 Cram Down
(DBN)

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Sales:

Ninth Circuit Allows Leases To be Stripped in Section 363 Sale
(DBN)

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Fraud:

"I hope to see you and your four children homeless." Investor testifies Shkreli threatened his wife in letter
(DBN)

2nd Circ nixes Rabobank Libor convictions over forced testimony
(DBN)

U.S. appeals court voids Libor convictions of ex-London traders
(DBN)

Fox Rothschild didn't protect $2.4 million escrow funds, investor seeking to revive fraud suit says
(DBN)

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Autos:

Bankruptcy Judge will hear bid to halt Takata airbag suits next month
(DBN)

Takata troubles could spill beyond bankruptcy
(DBN)

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Brides:

Brides-to-be offered free wedding gowns after dress chain closes The Warby Parker of Wedding Dresses Is Here to Save Alfred Angelo Brides Left in the Lurch Former Alfred Angelo Employees Perform Potentially Illegal Wedding Gown Rescue Mission Bankrupt Alfred Angelo announces plan to fill bridal orders
(DBN)

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Finance:

Trump Pick for ‘Bank of Boeing’ Faces Rare Corporate Backlash
(DBN)

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Aviation:

Dynamic Airways files for bankruptcy Charter Airline Dynamic International Airways Files for Bankruptcy
(DBN)

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PIIGS:

Greece chooses banks for bond return - sources
(DBN)

Yes, Greece Can
(DBN)

1 of 5 municipalities in Spain with high risk of bankruptcy
(DBN)

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Canada:

Goldman Sachs: There's one big difference between Canada's crazy housing market and the US in 2007
(DBN)

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India:

The Essar verdict was a validation of the new Bankruptcy Code
(DBN)

NCLT reserves order on Bhushan Steel bankruptcy petition
(DBN)

NCLT to hear insolvency pleas against ABG Shipyard, Amtek Auto today
(DBN)

In the bad-loans crisis, even the best-case scenario for Indian banks is pretty awful
(DBN)

New Chief of Indian Bank With Worst Bad Loans Seeks Turnaround
(DBN)

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Japan:

Report: Up To 100 Solar Power Companies Are On Verge Of Bankruptcy
(DBN)

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Venezuela:

The Manhattan of Venezuela Parties Against a Backdrop of Crisis
(DBN)

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Bahamas:

Baha Mar Contractor Now Claiming Supplier 'Misappropriated' Funds
(DBN)

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Germany:

Brexit Threatens Bankruptcy for Family Firms
(DBN)

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Romania:

Number of insolvent companies, up in Romania after three and a half years
(DBN)

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Malaysia:

Nam Cheong to 'temporarily cease' all debt repayments, appoints PwC as restructuring advisor Nam Cheong to Restructure in Blow to Singapore Bond Market
(DBN)

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Brazil:

Brazil's Oi board approves $2.5 billion capital raise plan
(DBN)

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Australia:

Accountants lay claim to insolvency advice regime
(DBN)

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Austria:

Austria's 'bad bank' Heta says started bondholder payout
(DBN)

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China:

China's Buying Spree Ends Badly
(DBN)

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