July 25, 2017

The Daily Bankruptcy News

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Law:

Quinn Emanuel Fired Uber, Citing Fixed Fee Rates That Aren't 'Financially Viable' Uber Tried To Make Biglaw A Gig Economy. Biglaw Told Them To Cram It.
(DBN)

Glass Ceiling Report: How have US law firms progressed in the last year, or have they at all
(DBN)

Best Biglaw Firms For Women Who Actually Want To Make Partner
(DBN)

4 perspectives on leadership in BigLaw from women who have beaten the odds
(DBN)

4 firms that are moving the needle on gender diversity
(DBN)

Which law firms are the best for female attorneys?
(DBN)

‘A Bleak Picture’ For Women Trying To Rise At Law Firms
(DBN)

Number Of Law School Graduates Sitting For California Bar Exam Surges 11%, To Highest Level In More Than A Decade
(DBN)

How unemployment at graduation affects lawyer earnings over time
(DBN)

Scaramucci Tells Students Never to Brag About Going to Harvard Law, Then Brags About Going
(DBN)

Law School Rankings By Student Quality (LSAT And UGPA)
(DBN)

7 Ways to Differentiate Your Law Firm
(DBN)

Do Law Firms Enable Alcoholism?
(DBN)

For Lawyers, Fear of Change Trumps Loss of Billable Hours
(DBN)

As more UK firms go public, the US continues to resist nonlawyer investment in legal sector
(DBN)

In the fight for gender equity, bias suits in BigLaw are a new wildcard
(DBN)

Bipartisan Legislation Introduced To Increase Job Opportunities For Law School Grads
(DBN)

The Dan Markel Case: Katherine Magbanua Turns Down A Deal
(DBN)

Do This To Soothe The Anxious Mind
(DBN)

5 ways firms can retain talented associates with fulfilling work
(DBN)

Hey Girl, I’m A Totally Believable Lawyer
(DBN)

Legal Research Services Vary Widely in Results, Study Finds
(DBN)

Clyde & Co opens ninth US office with Los Angeles launch
(DBN)

F. Leary Davis, founding dean of two law schools, dies at age 75
(DBN)

Are Asian-Americans Fed Up With Law?
(DBN)

Record Number Of Would-Be Lawyers To Sit For 2-Day California Bar Exam
(DBN)

Law School Association Ditches Texas Over Immigration, Bathroom Bill
(DBN)

ABA Fines, Publicly Censures Law School for Noncompliance With Anti-Discrimination Standard
(DBN)

Trump Unloads Both Barrels on Sessions Trump in phone call: "What would happen if I fired Sessions?"
(DBN)

Is Rudy Giuliani the Next Attorney General? Giuliani says he's not in line for Attorney General
(DBN)

Don Jr. Has to Triple His Legal Team
(DBN)

Can the president be indicted? Memo from Ken Starr’s office says yes
(DBN)

Here are 7 iPhone tricks you may not know about
(DBN)

Debtors' Prisons: Texas Courts Will Stop 'Nickel-and-Diming' the Poor
(DBN)

Book Review: A beach read for lawyers entitled ‘Beach Lawyer’
(DBN)

‘Targeting Kids’: Agent Says ICE Has Run Rampant Under Trump
(DBN)

‘HIV-Positive, Former DC Biglaw Attorney, Washed Out, Now Living In Midwest’
(DBN)

Snopes Faces Ugly Legal Battle
(DBN)

Installing microchips in employees is 'the right thing to do,' CEO says
(DBN)

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Judges:

Judge offers shorter sentences for offenders who get vasectomies or contraceptive implants
(DBN)

Ginsburg: Justices Felt Trump Travel Ban Was ‘Too Restrictive’
(DBN)

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Wall Street:

S&P futures fight for direction
(DBN)

US stocks mixed at close of trade
(DBN)

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Layoffs:

Molina Healthcare plans to lay off 1,400
(DBN)

Sibley Memorial Hospital plans to cut staff through buyouts
(DBN)

Ultra Foods to lay off 139 workers
(DBN)

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Pharma:

Democrats are putting drug-pricing controls at the heart of their economic platform
(DBN)

Lawyers hope to do to opioid makers what they did to Big Tobacco
(DBN)

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Retailing:

Sports retailer stocks fall as Hibbett posts gloomy outlook
(DBN)

Will Plunging Store Rents Slow The Retail Doom-And-Gloom?
(DBN)

Abercrombie & Fitch Saves American Eagle From Making a Big Mistake
(DBN)

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Healthcare:

Trump kicks off healthcare speech by erroneously saying Obamacare has been in place for '17 years' FactCheck: Trump's Health Care Remarks
(DBN)

Obamacare's Big Win: It Helps Some People Be a Little Less Poor
(DBN)

5 reasons health care bill will fail, 3 why it may not
(DBN)

New Republican Plan to Repeal Obamacare Gets an Ugly Score From CBO
(DBN)

No one knows what the Senate's going to do. But it will do it today. The Senate's evolving health care plan The Senate is planning to vote on a healthcare bill this week — we just don't know which one Wondering Which Health Bill the Senate Will Vote On? Here’s Your Scorecard How would the revised Senate health care bill affect individual market premiums in 2026 and over the long run? Trump to Senate GOP: Do your job and repeal and replace ACA McCain Returns for ObamaCare Vote ABA urges Senate not to weaken Medicaid through Affordable Care Act repeal bill
(DBN)

Some of the most powerful people in the US are talking about a massive change to healthcare
(DBN)

GOP lawmaker blames female senators for stalled healthcare bill and says if they were men, he'd challenge them to a duel
(DBN)

WebMD Goes Under the Knife of KKR's Turnaround Docs
(DBN)

House rejects funding bill for nearly bankrupt VA Choice program
(DBN)

Bankruptcy court approves Unilife asset deals
(DBN)

Company Behind Hugh Emergency Room Bills
(DBN)

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Economy:

Fed to stick to plans for rate hike, balance-sheet selloff this year Cautious Fed bets keep dollar glum, stocks strong
(DBN)

Q2 GDP Forecasts
(DBN)

The start of the end of ultra-easy monetary policy
(DBN)

How America's spending habits have changed since 1941
(DBN)

Deal Breaker? A Forgotten Chapter of NAFTA
(DBN)

U.S. Releases its Summary of Objectives for the NAFTA Renegotiations
(DBN)

Investors Shy Away From T-Bill Auction With Debt Ceiling Looming
(DBN)

Western Economic Models Are Deeply Flawed
(DBN)

The World Is Leaning Less on Its Biggest Economy to Sustain the Recovery
(DBN)

Employers stepped up Hiring in 14 US States last month
(DBN)

More on the 'lie' behind the unemployment numbers
(DBN)

One depressing reason millions of people are locked out of the American Dream
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

NAR: "Existing-Home Sales Retreat 1.8 Percent in June" A Few Comments on June Existing Home Sales
(DBN)

Increasing housing demand leaves buyers with two unfavorable options
(DBN)

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Municipalities:

Saving Illinois from Bankruptcy: Getting More Bang for the State’s Bucks
(DBN)

Puerto Rico Bankruptcy Committee Reconstitution Sought
(DBN)

Puerto Rico govt official insists will pay Xmas bonus to public workers while cutting debt payments 80%
(DBN)

Even the Fed has one particular corner of the real estate market on its worry list
(DBN)

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Oil/Gas:

The Third Circuit Holds that Automatic Perfection Provisions Are Not So Automatic
(DBN)

Ex-Apollo Executive’s Firm Offers to Buy Out Troubled Energy Fund
(DBN)

Seadrill: John Fredriksen, A Centerpiece In The Restructuring Plan To Be Unveiled As Soon As Next Week
(DBN)

Oil extends gains as Saudi pledges export curbs
(DBN)

Halliburton revenues rebound by almost 30%
(DBN)

Schlumberger reports big U.S. revenue gains onshore
(DBN)

While Oil Patch Bleeds, Gas Drillers Race to Unleash Wells
(DBN)

U.S. oil producers idle two rigs
(DBN)

Saudis Cut Oil Exports to America
(DBN)

Trump’s Interior Dept To Chop Months Off How Long It Takes To Get An Oil Drilling Permit
(DBN)

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Marijuana:

The Justice Department May Be Planning a Marijuana Crackdown
(DBN)

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Retailing:

Sears Canada Begins Liquidation Sales At 54 Locations
(DBN)

As Amazon and Wal-Mart consolidate, small retailers are being left in the dust
(DBN)

Sears' Amazon deal is too little, too late
(DBN)

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Maritime:

SGX Approves Rickmers Maritime's Delisting Plan
(DBN)

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Advisors:

Jonathan Morrison Joins Ankura Consulting as Managing Director In Turnaround Group
(DBN)

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Autos:

'Driving ticking time-bombs': faulty Takata airbags still used in refits
(DBN)

EU and Germany antitrust authorities looking into claims of collusion between Volkswagen, Daimler, BMW
(DBN)

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Corporate Reform:

Seven years after Dodd-Frank passage, there still aren’t proposals for a fifth of rules
(DBN)

The Truth About Trump and Deregulation
(DBN)

Why Corrupt Bankers Avoid Jail
(DBN)

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Distressed Investing:

Distressed Debt Disappears and That Makes Greylock Nervous
(DBN)

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Religion:

They kept us as slaves: AP reveals claims against church
(DBN)

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Hotels:

Hotels: Occupancy Rate Down Slightly Year-over-Year
(DBN)

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Lehman:

Citi Traders Might Regret Taking A ‘Let Them Come Sue Us’ Approach To Lehman Derivatives
(DBN)

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Fraud:

Martin Shkreli will not testify at his securities fraud trial, 'pharma bro' reveals
(DBN)

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Solar:

Prospect of Trump tariff casts pall over U.S. solar industry
(DBN)

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Awards:

Angela Allen Named Rising Star
(DBN)

Debevoise Wins Restructuring Category in the Global Legal Awards
(DBN)

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Gambling:

Caesars Seeks Shareholder Approval to Split Company’s Gaming Ops From Real Estate Investments
(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 (21 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:

US business bankruptcies soar in Q2 2017, confirms new report
(DBN)

Number of Public Companies Filing Chapter 7 or 11 in the First Half of the Year Since 2000
(DBN)

Weekly Bankruptcy Claims Trading Activity
(DBN)

Business and Nonbusiness Cases Commenced, by Chapter of the Bankruptcy Code - April 2017 - June 2017
(DBN)

Central Pa. business bankruptcy filings dipped nearly 5 percent last year
(DBN)

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Reclamation:

Recent Bankruptcy Court Rulings Significantly Impact Supply Chain Issues
(DBN)

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Litigation:

Texts Generate New E-Discovery Dilemmas
(DBN)

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Sales:

9th Cir. Holds ‘Free and Clear’ Bankruptcy Sale Was Not Rejection of Unexpired Leases, Did Not Implicate 11 U.S.C. § 365(h)
(DBN)

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Recharacterization:

United States Supreme Court to Decide Whether Recharacterization of Debt Should Be Decided by State or Federal Law
(DBN)

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Corporate Governance:

Corporate Governance and Independent Directors' Role in Public Companies With Dual Share Structure
(DBN)

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Politics:

Jared Kushner gave a confusing explanation for his alleged 'back channel' plan with Russia Kushner Claims Personal Ignorance We now know how Jared Kushner politely excuses himself from meetings he thinks are a waste of time Russia's Election Meddling Is Part of a Bigger Story Jared Kushner says he has 'nothing to hide' on Russia Jared Kushner Maintains He 'Did Not Collude' With Russia in Rare Public Statement There’s no innocent explanation for Trump’s Russia ties Trump blasts attorney general, questions Ukraine role in U.S. election with no evidence
(DBN)

Trump lashes out at his 'beleaguered' attorney general and asks why he isn't investigating Clinton's emails and Russia connections Trump is reportedly thinking about bringing Rudy Giuliani on as attorney general amid troubles with Jeff Sessions The Case for Impeaching Trump If He Fires Robert Mueller
(DBN)

Trump gives Boy Scouts at jamboree a taste of Washington politics 17 Jaw Dropping Moments of President's Speech to Boy Scouts Some Scout Leaders Infuriated with President's Speech Trump jams with the Boy Scouts, but can’t decamp from politics
(DBN)

Trump Wins Ruling Allowing Voter Panel to Gather Information
(DBN)

Tillerson may make early exit from State Department: report
(DBN)

Trump Has Averaged 50% or Higher Job Approval in 17 States The 17 states that still approve of Trump Here's Trump's approval rating in every state
(DBN)

Schumer Just Threw Hillary Under the Bus
(DBN)

Republicans in Congress deserve more credit for holding Trump accountable
(DBN)

Democrats’ new populist agenda may be way to recapture Obama voters who defected to Trump Democrats Bet on a Populist Message to Win Back Congress Can Democrats Out-Populist Trump? It’s not just banks anymore. Democrats want to break up all kinds of big business.
(DBN)

The real reason Sean Spicer actually ended televised White House briefings
(DBN)

As Donald Trump’s troubles deepen, he keeps trying to shift attention to his old rival—but finds it no longer works like it used to
(DBN)

Trump Strategy: Undermine US Institutions
(DBN)

Trump Country Believes Trump Fights for Them
(DBN)

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Debt Collection:

Supreme Court Issues Two Rulings Interpreting FDCPA
(DBN)

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Food/Beverage:

Los Angeles: Church & State Files for Chapter 11 Bankruptcy Amidst Ongoing Labor Lawsuit
(DBN)

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UK:

Ex-Scotland captain Barry Ferguson declared bankrupt
(DBN)

Britain’s Economy Is Almost Flatlining
(DBN)

The number of people moving out of London has risen 80 per cent in 5 years
(DBN)

Robert Maxwell's son Kevin fends off bankruptcy again
(DBN)

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PIIGS:

Greece plans return to bond market as Athens sees end in sight Greece Looks to Turn a Corner After Years of Economic Pain Don't Be Greedy, Greece Greece to Return to Bond Market After Three-Year Hiatus Greece Tests Just How Forgiving The Bond Market Can Be Greece Starts Taking Orders for First Bond Offering Since 2014
(DBN)

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Canada:

80-cent loonie: Good for shoppers, bad for oil producers
(DBN)

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India:

Essar Steel raises technical faults in insolvency application by lenders SBI's insolvency petition incomplete: Essar Steel
(DBN)

Puri: Insolvency not the best solution to alleviate NPA pain
(DBN)

Govt proposes individual bankruptcy law: Will India follow US model?
(DBN)

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Ukraine:

Ukraine bans PwC from audit work
(DBN)

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Venezuela:

Grasping at Straws: Exploring PDVSA's Access to Debtor Relief Under Restructuring Regimes
(DBN)

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Singapore:

Rich Singapore investors stuck as local bond restructuring drags
(DBN)

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