July 27, 2017

The Daily Bankruptcy News

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Law:

Best firms for women, but many attorneys don't take advantage of offered benefits
(DBN)

The Collateral Costs Of Diversity In Legal Education
(DBN)

American Apparel and After: A Q&A With Chelsea Grayson
(DBN)

New York lawyer accused of calling in bomb threat to avoid sanctions hearing
(DBN)

Not necessary to disqualify MoFo in Uber/Waymo fight, Judge Alsup says
(DBN)

A Former Part-Timer Now Leads Baker McKenzie's Home Office
(DBN)

Stoel Rives, a 'Proactively Modernizing' Firm, Lays Off Staff
(DBN)

Tort suits in state courts are ‘down sharply’ as contract claims grow
(DBN)

Chicago law firm files trademark suit against rival that also uses O’Keefe in its name
(DBN)

Biglaw’s Summer of Love?
(DBN)

Lawyers, Other Professionals on East Coast - In High Angst about Losing Job Within Next Year
(DBN)

Save Law Students Tens of Millions of Dollars By Opting Out Of New Casebook Editions
(DBN)

Bar Exams, Booze, And Blow
(DBN)

After Day 1 of Bar Exam, Tweeters Be Like: 'I Bet Starbucks is Hiring'
(DBN)

Bannon convinced Jeff Sessions to endorse Trump, and Sessions worried his career in the Republican Party might end because of it Trump could be burning bridges with his fiery attacks on Jeff Sessions Donald Trump’s Assault on Jeff Sessions Trump continues criticizing Sessions; White House is reportedly told the AG won’t resign Firing Sessions Would Only Re-Stoke the Flames of a Cooling ‘Russiagate’ Probe Trump discussed recess replacement for Sessions Ken Starr Rips Into President Trump in Scathing Editorial Invoking Reagan
(DBN)

Sessions’ New Civil Asset Forfeiture Policy Fares Poorly Among Voters
(DBN)

Unnamed ‘Source’ Just Leaked to Fox that Sessions will Make Big Announcement About Leaks
(DBN)

Lawyers upon lawyers upon lawyers: In Trump World, everyone has an attorney
(DBN)

The Justice Department appears to be gearing up for a legal fight with the LGBTQ community Trump Administration Lines Up Against EEOC in LGBT Workplace Rights Case Trump team: Federal law does not protect gay rights in workplace
(DBN)

Harvard Professor Has Bone To Pick With Anthony Scaramucci About Constitutional Law
(DBN)

Was denial of open-book bar exam for man with memory loss an ADA violation?
(DBN)

If Trump tries to pardon himself, one of our most important forefathers may be responsible
(DBN)

4 email mistakes that could cost you your job
(DBN)

One Biglaw Firm’s Embrace Of A Transgender Partner
(DBN)

Looking Back On A ‘Mediocre’ Career
(DBN)

Minneapolis Police chief orders officers to turn on body cameras for all calls after multiple complaints
(DBN)

Restrictive concealed carry law violates Second Amendment, DC Circuit rules
(DBN)

Drunken driving on private driveway can violate DWI law, state supreme court rules
(DBN)

It Is Not Illegal to Drive With an Axe Embedded in the Roof of Your Car
(DBN)

Will the Trump Administration Receive Another Legal Blow When The Court Decides on the Travel Ban’s Constitutionality?
(DBN)

Beverly Hills attorney disbarred after allegedly misappropriating $8,300 from bankruptcy client
(DBN)

Screen legend Olivia de Havilland says she needs an early trial in her suit against FX because she's 101 years old
(DBN)

Linda Oatman High wins ABA Journal/Ross Short Legal Fiction Contest
(DBN)

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Judges:

Abdus-Salaam Death Deemed a Suicide by NYC Medical Examiner
(DBN)

6th Circ affirms dismissal of Ohio attorney's racial bias suit against judge
(DBN)

Plaintiffs lawyer donates $7.5M to Duquesne Law for judicial education
(DBN)

Circuit Court Nominees In The Trump Administration: The Latest News And Rumor (Part 2)
(DBN)

Judge Richard Posner Declares Support For Supreme Court Expansion Proposal
(DBN)

Judge Threatens To Throw Out Plea Bargain After Murderer Smirks Through Victim Statement
(DBN)

Chief Justice Roberts: Technology poses challenge for court
(DBN)

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Wall Street:

Dow hits record high as Boeing and other companies post strong earnings
(DBN)

Market hype triggers 'new major warning' sign for stocks
(DBN)

Jeremy Siegel says the market will surge 'another 10%' this year on tax reform
(DBN)

Wall Street bracing for 'significant correction': Survey
(DBN)

Goldman Sachs Fined $36 Million by Fed Over Leaked Documents
(DBN)

Howard Marks used one of the iconic quotes of the financial crisis to highlight what's wrong with markets today
(DBN)

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Layoffs:

ECOT laying off 250
(DBN)

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Politics:

Trump tweets reveal plan to bar transgender people from serving in the military Kristin Beck, transgender Navy SEAL hero: 'Let's meet face to face and you tell me I'm not worthy' Inside Trump’s snap decision to ban transgender troops 'Discrimination, plain and simple': Senators on both sides of the aisle react to Trump ban on transgender people in the military Transgender people are twice as likely as the general population to serve in the military Pentagon officials are not even trying to sound coordinated with Trump on his military transgender ban McCain slams Trump's transgender military ban, says it's why 'major policy announcements should not be made via Twitter' Transgender troop ban is victory for Bannon, social conservatives White House press secretary threatens to end briefing amid grilling over Trump's transgender ban Trump’s Transgender Ban Is Bait, It’s Not A Reality… Yet The military spends five times as much on Viagra as it would on transgender troops’ medical care Trump’s Transgender Ban Is About Costs -- Just Not the Ones He Claims How Much Do Transgender Soldiers Really Cost the US Military? Trump's Dishonorable Transgender Ban Trump just revealed a deep misunderstanding of what it means to be transgender Advocates Lining Up to Sue Over Trump’s ‘Illegal’ Military Transgender Policy Trump may have announced the transgender military ban to save a bill funding the border wall Trump's Border Wall May Finally Stop Some People: Transgender Soldiers
(DBN)

Internet explodes after Trump says he’s more presidential than anyone ‘except Lincoln’
(DBN)

The president makes everything, even the Boy Scouts, political. That never turns out well
(DBN)

Scalise discharged from hospital, beginning rehabilitation
(DBN)

James Comey Is Maxwell Smart: How Comey’s botched mission to safeguard a Hillary presidency elected Donald Trump
(DBN)

Senate committee drops Manafort subpoena after he gives them documents they wanted Gowdy Acted Like Kushner’s Lawyer Behind Closed Doors, Democrat Says
(DBN)

The Democrats' new economic plan exposes the party's existential crisis Democrats’ ‘Better Deal’ for workers leaves a tough question unanswered
(DBN)

Many Republicans Doubt Clinton Won Popular Vote Federal judge upholds fine against Kris Kobach for ‘pattern’ of ‘misleading the Court’ in voter-ID cases
(DBN)

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Electricity:

Berkshire Hathaway not backing away from Oncor purchase despite court delay Elliott wins more time to beat out Berkshire's $9B Oncor deal Energy Future warns delay would kill Oncor sale to Buffett Warren Buffett's Berkshire Hathaway could walk away from its $9 billion energy deal Berkshire Wins a Round in Competition for Oncor Bankruptcy Court Approves Schedule for Oncor Acquisition
(DBN)

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Economy:

The Fed is about to make a major policy change. Here's how it works
(DBN)

Fed Reinforces Its Path Toward a 'Beautiful Normalization' FOMC Statement: No Change to Policy, Balance Sheet Change Coming "Relatively Soon"
(DBN)

Fed says unwind of its $4.5 trillion balance sheet will start 'relatively soon' Treasurys rally after the Fed says it could begin unwinding its balance sheet 'relatively soon'
(DBN)

The Fed Takes a Summer Vacation
(DBN)

The Fed has become the dollar's 'biggest problem'
(DBN)

Employers Rejecting Pot Users Will Pay a High Price
(DBN)

See Markets React to the Fed in 7 Charts
(DBN)

Pickup in Confidence Shows Americans Upbeat on Jobs, Economy
(DBN)

This Chart Shows How Much Americans Pay in Taxes vs. the Rest of the World
(DBN)

Here's why everyone is watching the Fed's 'balance sheet' and what it means for your money
(DBN)

Keeping Yellen as Fed chair would be good for Trump and the markets, says Jeremy Siegel
(DBN)

White House to announce Apple-supplier Foxconn manufacturing plant in Wisconsin on Wednesday: Source Foxconn announces new factory in Wisconsin in much-needed win for Trump and Scott Walker Foxconn, Apple's top supplier, is building a factory for high-definition '8K' TV screens in Wisconsin Trump Says Apple Will Build Three U.S. Plants. It Won't America and the Foxconn Dream
(DBN)

More than a third of California households have virtually no savings, are at risk of financial ruin, report says
(DBN)

Trump eyes tax-code overhaul, with emphasis on middle-class break
(DBN)

In a Robot Economy, All Humans Will Be Marketers
(DBN)

Those Pointless Upper-Middle-Class Entitlements
(DBN)

Conservative Lawmakers Press for Tax Reform Details White House eyes Plan B if tax effort falters
(DBN)

Wanted: A Trade Agenda That Values People Over Corporations
(DBN)

Bosses want capitalism for themselves and feudalism for their workers
(DBN)

Trump has always had high marks on the economy. Now that’s slipping
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

Zillow Forecast: "June Case-Shiller Forecast: Rare Monthly Declines Expected" New Home Sales increase to 610,000 Annual Rate in June
(DBN)

New home sales continue upward course in June
(DBN)

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

How Millennials are Changing the Housing Market
(DBN)

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Municipalities:

Hedge Funds Reveal How Much Puerto Rico Sales-Tax Debt They Hold
(DBN)

Puerto Rico's “Voluntary” Restructuring of GDB Bonds
(DBN)

Chapter 9 Quarterly Filings (1980-2017)
(DBN)

Personal injury plaintiffs get some relief from Puerto Rico's litigation stay
(DBN)

63K Public Employees in Illinois w $100k+ Salaries
(DBN)

Lone Star State Leads the U.S. in Growth
(DBN)

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Oil/Gas:

Seadrill says likely to file for bankruptcy Seadrill warns again of Chapter 11 as extends $14 bln debt talks
(DBN)

Permian drillers have hedged nearly two-thirds of oil output
(DBN)

SEC says Citadel Energy founder ran $15 million investor scheme
(DBN)

Zion Oil & Gas - Drilling Dry Holes Til $0
(DBN)

Crude, gasoline inventories plunge again; oil rises Oil climbs From 7-week high on signs U.S. stockpile plunged
(DBN)

Former Russian Energy Minister: OPEC Deal Working Exactly As Planned Oil Rises, But Saudis Face Daunting Dilemma Saudi Arabia Growing Nervous Over OPEC Compliance
(DBN)

Trump’s U.S.-Steel Pipeline Plan To Backfire On Energy Projects
(DBN)

Shortage Of Fracking Crews Slows The Shale Boom
(DBN)

Shell's Cash Flow Rises to Highest Since Oil Crash Began
(DBN)

Big Oil Set To Boost Q2 Profits Even At $50 Oil Price
(DBN)

Europe's oil giants recover from three-year slump
(DBN)

Why record U.S. oil exports are poised for even more growth
(DBN)

New Sanctions On Russia Anger EU, Oil & Gas Industry
(DBN)

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Food/Beverage:

Whole Foods profit falls as same-store sales drop 1.9%
(DBN)

Supervalu buys Central Grocers warehouse
(DBN)

PACA Claims: Beware of PACA Trusts Providing Special Protection to Perishable Agricultural Commodities Sellers
(DBN)

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Healthcare:

Why GOPs 'skinny' health bill has no chance of passing Congressional Budget Office: 16 million Americans could lose health insurance under Senate Republicans' 'skinny repeal' of Obamacare 'Skinny Repeal’ of ACA Likely to Leave Everyone Wanting More The Senate just rejected a plan to repeal Obamacare without a replacement Senate rejects ACA repeal-only bill The Senate's plan to repeal Obamacare without a replacement failed — but the debate carries on Republican governors slam the Senate's last-ditch effort to repeal Obamacare Interior secretary said to threaten Alaska over Murkowski vote McCain Votes to Discuss GOP Health Plans, Then Trashes Them
(DBN)

Members of Congress Get a Pretty Sweet Deal on Their Health Insurance
(DBN)

These Are the Faces of People With Pre-Existing Conditions. They're Terrified of the Future
(DBN)

Medical Bankruptcies
(DBN)

Owner of Alabama-based cancer clinic admits the whole thing was a scam
(DBN)

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Resorts:

Mountain Creek asks court to OK confidentiality in bankruptcy case
(DBN)

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Brides:

Tulsa seamstress continues to alter wedding dresses after Alfred Angelo goes bankrupt
(DBN)

Alfred Angelo Attorney Says Dresses Stuck in California Port
(DBN)

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Banking:

The 16 highest paid CEOs in the world of banking
(DBN)

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Tech:

The iPhone 8 will reportedly debut later than expected and in limited quantities
(DBN)

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Religion:

Diocese sex abuse settlement: Proceedings nearing as deadline looms for filings
(DBN)

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New Bankruptcy Opinions
(3 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (15 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (8 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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Structured Dismissal:

Podcast: Panelists take deep dive into the implications of the U.S. Supreme Court’s decision in Jevic
(DBN)

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Reclamation:

Third Circuit Decides Goods Are “Received” Upon Physical Possession in Bankruptcy Case
(DBN)

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Recharacterization:

Katy Industries Creditors Sue Buyer of Manufacturing Plants
(DBN)

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Litigation:

The Supreme Court Delivers a Blow to Plaintiff Paradise
(DBN)

Lawyer's 'Inadvertent' E-Discovery Failures Led to Wells Fargo Data Breach
(DBN)

Bankruptcy and litigation finance
(DBN)

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Retailing:

Drop in Manhattan Retail Rents Has Retailers Looking
(DBN)

Bankruptcy Court Judge Denies Lubov Azria’s Latest Move to Receive $7 Million in Compensation
(DBN)

Mall Owners' Comp Cut Amid Retail Rubble
(DBN)

Retail Event Tackles Distressed Asset Monetization Strategies
(DBN)

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Personal Finance:

Here’s how much money you should have saved by 30
(DBN)

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Aviation:

American Airlines workers protest over pay, outsourcing
(DBN)

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Travel:

Air Rage: Disturbing Airline Incidents Are Piling Up This Year
(DBN)

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Gambling:

Caesars Bankruptcy Prevented Investment at Company’s Atlantic City Properties, Gaming Regulator Says
(DBN)

Caesars merger brings company closer to emerging from bankruptcy protection
(DBN)

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Fraud:

Martin Shkreli rested his case after calling no witnesses Shkreli Prosecutors End Four Weeks of Evidence as Case Nears End
(DBN)

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Celebs:

Once bankrupt, ex-Celtics star Antoine Walker now teaching dangers of NBA wealth
(DBN)

Abby Lee Miller before heading to prison: 'What I did was wrong' Abby Lee Miller of 'Dance Moms' 'terrified' of being assaulted in prison
(DBN)

16 famous people who bounced back after being broke or bankrupt
(DBN)

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Golf:

Brentwood water users foot unpaid bill for bankrupt golf course in Antioch
(DBN)

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UK:

Thousands of clothing retailers being “buffeted hard” face insolvency 5,500 fashion retailers at risk of insolvency
(DBN)

Personal Insolvencies in England & Wales- a case of location, location, location?
(DBN)

Austerity is blamed for rise in personal insolvency
(DBN)

Rise in insolvent Scots is blamed on income squeeze
(DBN)

Mixed picture on insolvency
(DBN)

East Midlands businesses face increased insolvency risk – says R3
(DBN)

No transition: Free movement of people will end after Brexit
(DBN)

Labour says it may still keep Britain in the single market in major Brexit U-turn
(DBN)

'Unprecedented economic and political uncertainty:' Profits at UK estate agents plummet
(DBN)

Lloyds will pay out £283 million in compensation for unfair mortgage arrears fees
(DBN)

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PIIGS:

ie: Gayle Dunne may not cross-examine bankruptcy official
(DBN)

How to Make Ireland's Miracle Economy Disappear
(DBN)

Greece returns to bond market, but don't sound the all-clear signal
(DBN)

Crisis-Plagued Europe Sees a New Dawn After Greek Market Return
(DBN)

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Canada:

Sears employees try to quash 'excessive' bonuses for executive staff
(DBN)

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India:

Bad loan crisis: Here is how to cross the bankruptcy chasm
(DBN)

Bhushan Steel, Bhushan Power and Steel face 2 fresh insolvency cases by SBI, PNB
(DBN)

NOCL gets insolvency official
(DBN)

Insolvency process begins at Deccan Chronicle
(DBN)

Ban import from China to prevent economic bankruptcy : economist
(DBN)

Supreme Court allows case settlement after insolvency proceedings begin Supreme Court uses special powers, allows company to withdraw from NCLT
(DBN)

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MENA:

The New UAE Bankruptcy Law
(DBN)

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Japan:

Apple supplier Japan Display seeks US$890mil from creditors to fund restructuring
(DBN)

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Australia:

No indication of when the reduction in the bankruptcy minimum period to one year will occur
(DBN)

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