July 26, 2017

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Kirkland Bankruptcy Star Basta to Leave Firm
(DBN)

What GC Thought Leaders Experiment Is About (Hint: Not Cost)
(DBN)

In-House Compensation Report: Top 30 Money-Earners
(DBN)

Women still make up fewer than 35 percent of lawyers in US law firms, survey says
(DBN)

Fewer in US working remotely, but it’s a popular option at top law firms for women
(DBN)

Clients Pushing Hard for Diversity? Not Exactly
(DBN)

Ex-Chadbourne Partner Campbell Opens Firm Amid Ongoing Sex Bias Lawsuit
(DBN)

Working Mother Names Best Law Firms for Women, Laments Industry's 'Glacial' Progress
(DBN)

The 50 Best Law Firms For Women (2017)
(DBN)

BigLaw embraces the remote work trend
(DBN)

Appeals Court Revives Ex-Client's $2.8M Case Against Willkie Farr & Gallagher
(DBN)

Charlotte School of Law not alone in facing an uncertain future
(DBN)

What’s The Worst Thing That Can Happen On Bar Exam Day?
(DBN)

My Life of Hard-Won Achievement
(DBN)

The Dan Markel Murder Case: Katherine Magbanua Turns Down A Plea Deal, Judge Says Third Party (Not The Adelsons) Is Paying Her Legal Fees
(DBN)

Waiting For A Good Trustee: Bankruptcy Misconduct Draws Two-Year Suspension In Colorado
(DBN)

Getting serious about social media to be relevant and grow clientele
(DBN)

Analytics Unwound: A Guide For The Rest Of Us Global legal analytics market set for major hike as law firms become more productive and profitable
(DBN)

Blank Rome’s New CIO Expects Security Budget to Increase
(DBN)

Turns Out Legal Research Services Vary Widely in Results
(DBN)

Apparently, Millennials Are Also Destroying The Official Means Of Legal Communication
(DBN)

How to get those slow-pay and no-pay clients to pony up
(DBN)

Wells Fargo Lawyer Who Released Client Information Wants It Back
(DBN)

The ABA urges Homeland Security to revise procedures for searching lawyers’ electronic devices
(DBN)

Schumer to Trump: don't even think about a sneak Sessions move Trump is said to mull ouster of Sessions; can the AG be replaced through a recess appointment? Jeff Sessions won't take Trump's hint Republican lawmakers defend Sessions from Trump attacks ‘Pissed’ Sessions Refuses to Quit Despite Trump’s Criticism, Ally Says Scaramucci: Trump "probably" wants Sessions gone Trump is backing Jeff Sessions into a corner Trump messes with Sessions, and Senate Republicans are not pleased Ryan Gives Trump Go-Ahead To Sack Sessions Trump Escalates Trashing of AG Sessions Donald Trump ‘Disappointed’ In Jeff Sessions But Won’t Fire Him — For Now Donald Trump's Twitter Bashing of Jeff Sessions Raises Hostile Work Questions The Ultimate Timeline of Trump's Escalating Attacks on Sessions GOP Circle Wagons to Protect Sessions If Sessions Gets Canned, Signs Are Pretty Clear Who Will Get The Job Next Republicans are starting to rally to Jeff Sessions’ defense amid Trump's attacks Democrats warn of 'constitutional crisis' as Trump publicly humiliates own attorney general Conservative media outlets are sending Trump a big warning on Jeff Sessions — and Trump is paying attention Memo to Jeff Sessions: If you care about rule of law, don’t resign The Strange, Slow-Motion Defenestration of Jeff Sessions
(DBN)

Attorney General Ted Cruz?
(DBN)

Rudy: Sessions Was Right to Recuse Himself
(DBN)

Former CIA Director Calls For A Coup If Trump Fires Mueller Why Trump May Fire Robert Mueller
(DBN)

Michigan judge stops deportation of more than 1,400 Iraqis amid Trump's travel ban
(DBN)

With church backing, housekeeper defies US deportation order
(DBN)

Massachusetts' Highest Court Blocks Federal Immigration Detainers
(DBN)

Law school group moves Texas meeting because of bathroom bill, immigration law
(DBN)

A Utah lawyer has quietly studied violence against attorneys for two decades
(DBN)

Ex-Fox News exec says network leaked details of sexual assault settlement so it could look tough
(DBN)

Disbarred attorney who was on the lam for 20 years pleads not guilty to wire fraud and identity theft
(DBN)

Solo brings together musical lawyers in a philharmonic he founded
(DBN)

Are You A Coyote Or Road Runner?
(DBN)

Newly declassified memos detail extent of improper Obama-era NSA spying
(DBN)

MN: A Woman Slapped Police Car Before Death
(DBN)

Reality TV Star In Desperate Need Of Copyright Lesson
(DBN)

Police to Man They Just Killed: Sorry, Wrong Address
(DBN)

Why eyewitness testimony isn't a sure thing
(DBN)

Two Law Partners Jailed for Stealing $1.2M From Hospital-Client
(DBN)

Lawyers volunteered for what may have been the largest pro bono project ever
(DBN)

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Judges:

Legal battle between NJ judges continues as jurist fights motion to dismiss his civil rights claims
(DBN)

Judge: "It is unlikely that a potato's purpose is explosion, given that potatoes usually reside underground and seldom explode absent human prompting"
(DBN)

Applicants Sought For Lawyer Representative to the Ninth Circuit Judicial Conference
(DBN)

SCOTUS: Final Stat Pack for October Term 2016 and key takeaways
(DBN)

Dad of 'The Bachelorette,' a Judge, Doesn't Meet Her Suitors on Camera
(DBN)

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Wall Street:

U.S. stock futures steady as market waits for Fed decision, earnings rush
(DBN)

S&P 500 jumps to record high on busy earnings day S&P 500 closes at record high as earnings beat the Street
(DBN)

US stocks back to records as corporate profits keep rising
(DBN)

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Layoffs:

Central Grocers, lacking a buyer, turns to layoffs
(DBN)

Velcro lays off 100 employees
(DBN)

Texas energy company to lay off 108 employees in Columbia
(DBN)

Snyder’s-Lance to lay off 250 employees, shutter Florida plant
(DBN)

Seagate names new CEO, announces 600 layoffs
(DBN)

117 Kellogg layoffs coming in Fayette County
(DBN)

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Politics:

The Senate Judiciary Committee has subpoenaed Paul Manafort to testify in public 'Don't you want to save that bullet for Mueller?': Trump is reportedly asking associates if he should fire Sessions GOP congressman slams 'billionaire tax exile' who accused him of violating Russia sanctions Kushner Contradicts Denials Already Given House votes 419-3 for new Russia sanctions
(DBN)

'He's so unattractive, it's unbelievable': Hot mic catches GOP senator joking about congressman who threatened a duel
(DBN)

Trump's Mistake at the Boy Scout Jamboree Donald Trump gives 40,000 boy scouts 'career advice' from a racist, bankrupt property developer Boy Scouts of America Distances from Trump Trump Shows Again Why He's No Boy Scout
(DBN)

Trump: Senators who oppose Obamacare replacement will have 'a lot of problems'
(DBN)

Trump Reveals Covert CIA Program in Tweet
(DBN)

Doctors Can Now Call Trump ‘Insane’ Without Breaking Ethics Rules, Group Says
(DBN)

Bill Browder's Testimony to the Senate Judiciary Committee
(DBN)

Trump's "America First" policy is dividing the WH The Trump White House’s War Within
(DBN)

Wasserman Schultz staffer arrested trying to leave the country
(DBN)

Rick Perry duped into fake interview with Russian comedians
(DBN)

The Real Civil War in the Democratic Party
(DBN)

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Marijuana:

These college students lost access to legal pot — and started getting better grades
(DBN)

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Fraud:

Jurors shown emails in which "pharma bro" Martin Shkreli berates his former attorney Shkreli Emails to Lawyer Are Center Stage as Trial Moves Toward Conclusion
(DBN)

Celgene Settles Whistle-Blower Fraud Suit for $280 Million
(DBN)

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Personal Finance:

Boomer parents: 'One day, this will all be yours.' Grown children: 'Noooo!'
(DBN)

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Economy:

Trump says he’s considering top aide Gary Cohn for Fed chair
(DBN)

Bank Of America: The US dollar is overvalued, and there are 'substantial risks' from here
(DBN)

Fed to stick to plans for rate hike, balance-sheet selloff this year
(DBN)

Easier Financial Conditions Will Keep the Fed on Track
(DBN)

Widespread drug use is polluting the labor pool
(DBN)

Jobs lift US consumer confidence to near 16-year high Fact Check - Trump: "We had the best jobs report in 16 years."
(DBN)

The White House is only telling you half of the sad story of American jobs
(DBN)

3 big problems with Trump's new NAFTA plan
(DBN)

There are a lot of problems with Trump's plans on trade
(DBN)

Amid resistance, Trump backs away from controversial trade plan
(DBN)

Trump interview: Apple to create U.S. jobs with new factories Trump promises three new "big, big, big" Apple plants in U.S. Trump says Apple has plans to build 3 U.S. factories; Apple doesn't comment
(DBN)

The Best-Paid U.S. Jobs Requiring No Bachelor's Degree
(DBN)

More U.S. Cars Being Made in Mexico
(DBN)

Federal spending is skyrocketing — along with US debt
(DBN)

Chemical Activity Barometer increased slightly in July
(DBN)

Trump administration moves closer to undoing overtime pay rule
(DBN)

The top US trade negotiator said Trump will challenge 'unfair' Chinese policies
(DBN)

The Problem With the Administration's Admiration for Ayn Rand
(DBN)

Trump Is Winning His War on Immigration
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

Case-Shiller: National House Price Index increased 5.6% year-over-year in May
(DBN)

West Is Best for Sellers as U.S. Home-Price Gains Mount
(DBN)

Lowest mortgage rates in a month barely boost applications, up 0.4%
(DBN)

Mortgage Interest Tax Break Has ‘No Effect’ on Homeownership, Study Finds
(DBN)

The housing collapse hit minorities hardest — and the impact is still being felt across America
(DBN)

NM: Troubled Railyard building on market for $11.5M
(DBN)

Newest home buyers: the generation known for not owning stuff
(DBN)

JPMorgan points to low risk of a US housing correction
(DBN)

San Antonio Man Pleads Guilty For His Role in a “Foreclosure Rescue Scheme”
(DBN)

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Municipalities:

Cash strapped cities, states should go bankrupt and start over: Grover Norquist
(DBN)

How does a city turn bankruptcy into renewal?
(DBN)

Board: State to name Gary emergency manager Monday Emergency manager for Gary school district to be selected Monday
(DBN)

Scotiabank de Puerto Rico v. Garcia Padilla, explained
(DBN)

Reporters seek to lift Puerto Rico's stay to probe oversight board
(DBN)

Law Firms Investigating Claims By Holders of Puerto Rico Debt
(DBN)

Medicaid, Pensions Create Problems for States
(DBN)

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Oil/Gas:

Third Circuit Rejects Oil Producers’ Security Interest Arguments In Midstream Provider’s Bankruptcy Proceeding
(DBN)

Third Circuit Rejects Unsecured Oil Producers’ Claims of Automatic Perfection
(DBN)

While oil patch bleeds, gas drillers race to unleash wells
(DBN)

Oil rallies 3% as US shale shows signs of slowdown Oil surges as bets US shale output poised to slow Oil Climbs From Seven-Week High on Signs US Stockpiles Plunged
(DBN)

Chapter 11 bankruptcy filing continues to loom for Seadrill Seadrill extends $14 billion debt restructuring, warns of Chapter 11
(DBN)

Anadarko slashes spending amid continued low oil prices
(DBN)

Goldman Sachs warns of peak oil demand
(DBN)

Saudi Arabia Regains Influence Over Oil Markets Saudi Arabia intends to take further action to boost oil prices
(DBN)

As hedge funds bet against oil , traders see another story
(DBN)

The charts are pointing to a comeback for crude: Trader
(DBN)

Oil's Chaos Theory: Some want balance and order in the market. They're not going to get it
(DBN)

House passes Russia sanctions deal with oil, gas fix
(DBN)

Crude producers lock in financial hedges ahead of oil sands glut
(DBN)

New Accounting Regulations May Come As A Rude Awakening For Oil Companies
(DBN)

Will Singapore Weather the Offshore Storm?
(DBN)

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Healthcare:

The Bankruptcies That Would Follow an Obamacare Repeal
(DBN)

Moody's downgrades Quality Care Properties' CFR to Caa1; ratings remain on review for downgrade
(DBN)

1 million jobs on the line as Senate votes on health care
(DBN)

Senate votes to start health care debate The 10 GOP senators who will decide the fate of the Republican healthcare bill Voters Sour on Obamacare Repeal Ahead of Showdown Vote in Senate Republicans’ wrong approach to tackling Medicaid The GOP plan to protect Medicaid recipients could run out of money after 2 years How "skinny repeal" might work as Senate's last resort Mitch McConnell may have a plan to save Obamacare repeal just hours before the Senate will vote on it The Senate’s Health Care Travesty 'Literally hundreds' of amendments and 20 hours of debate: Here's what to expect for the healthcare bill over the next few days Lowdown on Skinny Repeal of ObamaCare
(DBN)

Senate blocks proposal to repeal and replace ObamaCare Senate rejects ObamaCare repeal, replacement amendment ACA repeal advances in Senate The Senate's latest plan to repeal and replace Obamacare just failed a key procedural test McCain Speech Denouncing What He Voted For John McCain gives Trump a win, then gives Senate an earful A Senate ACA Repeal Vote Isn’t the End of the Fight. It’s Just Round Three The Senate's health care circus is just getting started
(DBN)

Health Care Repeal Will Devastate Areas Suffering From Opioid Addiction
(DBN)

What Congress Pays for Their Health Care
(DBN)

Six Ways Trump Is Trying to Make Sure Obamacare Fails
(DBN)

U.S. Mayors Want Single-Payer Health Care
(DBN)

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Autos:

GM shares hurt as investors question whether automaker can deal with slowing US market GM Earns $1.7 Billion in 2Q
(DBN)

VW executive charged in US emissions probe to plead guilty: court
(DBN)

VW, Daimler Face Cartel Accusations Car Cartel Case Could Be Long and Winding Probe
(DBN)

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Debt Collection:

Charging Orders
(DBN)

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Corporate Reform:

House passes repeal of CFPB consumer protection rule House Adopts Measure That Would Block CFPB’s Arbitration Rule
(DBN)

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Student Debt:

Herded into default, then hounded to repay student loans
(DBN)

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Media:

Gawker Media Advisers to Put Flagship Website Up for Sale
(DBN)

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Gambling:

Caesars shareholders take new steps to emerge from bankruptcy
(DBN)

Caesar OpCo bankruptcy exit nears on group rejig: CEO
(DBN)

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Guns:

Bushmaster founder’s last firearm company files for bankruptcy in Maine
(DBN)

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New Bankruptcy Opinions
(2 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (16 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (44 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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Unexpired Leases:

Ninth Circuit Allows Lease Stripping in Bankruptcy
(DBN)

A Landlord’s Bankruptcy Sale Could Lead to the Tenant’s Loss of a Leasehold
(DBN)

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Litigation:

Alas, Poor Atticus! Trials are supposed to be all about winning
(DBN)

Litigation Finance Firm Burford Claims Almost Half of $324M Argentina Arbitration Win
(DBN)

UK Litigation Funder Eyes Untapped Parts of US Market
(DBN)

Litigation Finance And Its Uses In Bankruptcy
(DBN)

5 Questions Firms Should Ask When Evaluating Litigation AFA
(DBN)

Why Metrics Are The Key To Managing Costs In Discovery
(DBN)

Securities Class Actions Hit Record High in First Half of 2017
(DBN)

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Discharge:

Continuing Concealment Doctrine and Bankruptcy Code Section 727(a)(2)(A)
(DBN)

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Secured Debt:

The Effects of a Creditor’s Non-Participation in Bankruptcy Proceedings
(DBN)

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Negotiation:

Debt Structure as a Strategic Bargaining Tool
(DBN)

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Mediation:

How Settling Up is Hard to Do in a Mediation on Appeal
(DBN)

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Trustees:

Appeals Court Sides With Marcum Firm Over Barry Mukamal in Arbitration Battle
(DBN)

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Brides:

Wedding gowns sent across the world to brides left in the lurch
(DBN)

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Celebs:

Cosby Sex Assault Accuser Arrested on Drug Charges
(DBN)

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Electricity:

10 Stakeholders Support Berkshire Hathaway Energy's Bid for Oncor
(DBN)

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Bankruptcy Crimes:

Serial filer gets one year for bankruptcy fraud
(DBN)

Brimfield man pleads guilty to federal bankruptcy charges
(DBN)

Man who claimed he had business in Alton sentenced for bankruptcy fraud
(DBN)

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Retailing:

Payless Reorganization Plan Wins Court Approval
(DBN)

Sears Canada Files for CCAA Protection: A Distressed Investor's Overview of US Bankruptcy and Canadian Insolvency Law
(DBN)

Retail Sector's Loan Default Rate Rises Above 5%
(DBN)

There’s More Pain Ahead for Small Retailers in Amazon’s Crosshairs
(DBN)

Why Sears Holdings Stock Is Giving Back All of Its Amazon-Inspired Gains
(DBN)

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Maritime:

Sinopacific’s Dayang Shipbuilding declares bankruptcy
(DBN)

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Solar:

SunEdison Sets Bankruptcy Exit With Nothing for Shareholders
(DBN)

Conservative Groups Come Out Against the Suniva, SolarWorld Trade Case
(DBN)

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

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Biofuels:

Trump Is Selling Out the Midwest, Biofuel Industry Says
(DBN)

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UK:

Debt-ridden families a ticking time bomb for everyone in Britain, Bank of England warns
(DBN)

BOE Says EU Bank-Failure Bill May Hinder Too-Big-to-Fail Fix
(DBN)

35% of women cautioned for their appearance at work were deemed ‘distracting’ to their male counterparts
(DBN)

The Brexit slowdown continues — Britain's economy grew just 0.3% in the second quarter
(DBN)

Britain will ban all new petrol and diesel cars from 2040
(DBN)

The 7 scariest challenges facing the British economy, according to analysts
(DBN)

Ex-UK Negotiator: Brexit Was a Terrible Idea
(DBN)

'We've got to be forever vigilant': The head of an influential parliamentary committee is sounding the alarm on household debt
(DBN)

Former Rangers star declares bankruptcy
(DBN)

The U.K. Should Be Wary of a Trump Trade Deal
(DBN)

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EU:

IMF says ECB should maintain stimulus, calls for end are "premature"
(DBN)

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PIIGS:

Greek judges accuse Tsipras government of 'dirty' attacks Greece attempts to return to bond markets Greece raises 3 bln euros in 1st test return to bond markets in 3 years Greece returns to bond market, but don't sound the all-clear signal
(DBN)

Greece Still Hasn't Turned the Corner
(DBN)

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Canada:

Saskatchewan Court of Appeal Clarifies Priority Rules for Builders' Liens Arising in Connection with the Recovery of Minerals
(DBN)

Canada is uniquely primed for a housing bust
(DBN)

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India:

A greater market role in bankruptcy process
(DBN)

One more down: NCLT initiates insolvency process against Amtek Auto
(DBN)

Monnet Ispat Bankruptcy: NCLT Appoints Resolution Professional
(DBN)

Insolvency & Bankruptcy Code: Arbitral Proceedings and Bona Fide Dispute
(DBN)

Insolvency cases: SS Mundra says firms free to move higher courts
(DBN)

NCLT allows insolvency proceedings against Bhushan Steel
(DBN)

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Brazil:

Brazil's Triunfo says judge accepts out of court reorganization
(DBN)

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Russia:

US sanctions have taken a big bite out of Russia's economy
(DBN)

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