June _, 2017

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Drake’s Favorite (Bankruptcy) Lawyer Wants to Change the World With $2 Bills
(DBN)

Biglaw Partners May Yet Be People Employees Female Chadbourne Partners Win Discovery on ‘Employee’ Status
(DBN)

Conflicts stall Norton Rose merger talks
(DBN)

A ‘Dramatic’ Gender Wage Gap Awaits In-House Counsel Women corporate counsel suffer major pay and promotions disparity
(DBN)

Choose One: 1) Ditzy Broad or 2) Angry B----
(DBN)

In-House Attorneys See 4.3 Percent Pay Hike — Still Pretty Sure They’re Underpaid
(DBN)

Study says GCs at public companies make more money
(DBN)

GC Requires Outside Law Firms to Encrypt Communications
(DBN)

Hogan Lovells combining with Boston-based Collora
(DBN)

Many In-House Counsel Still Unhappy, Though Salaries Are Up
(DBN)

Bankruptcy Preparation Business Leaves Out Sensitive Documents, Doors Unlocked
(DBN)

Judicata adds color to case law, highlights artificial-intelligence barriers
(DBN)

Fastcase To Launch Artificial Intelligence ‘Sandbox’ for Law Firms
(DBN)

Ask Daliah: Four steps to making social media work for you
(DBN)

Can Solos And Smalls Afford To Offer Paid Maternity Leave?
(DBN)

Disbarred lawyer arrested in Florida after at least 18 months on the lam
(DBN)

Cosby Fate: Jurors Appearing Frustrated As Deliberations Drag On Bill Cosby Trial in Deadlocked Jury Judge Says Keep Deliberating 'Don't Know What He's Thinking': Legal Analyst Calls out Cosby's Bizarre Trial Behavior Inside Bill Cosby’s secluded courthouse hideaway, where he waits for a jury to decide his fate Cosby Accuser Lili Bernard Confronts His Supporters, Tells Them 'God Bless You'
(DBN)

Emoluments clause lawsuits against Donald Trump face uphill battle
(DBN)

CNN files lawsuit seeking Comey's Trump memos
(DBN)

…And Now The Inevitable Ethics Complaint Against Trump’s Lawyer Kasowitz Hit With Ethics Complaints in NY, DC Over White House Advice
(DBN)

Teenager Arrested By ICE Mere Hours Before His Senior Prom
(DBN)

Ex-US Atty's Affair Bred Hostile Environment, Staff Says
(DBN)

Poll: Ex-AG Lynch Viewed Negatively Over Clinton Probe Role
(DBN)

What Mass Shooters Tend to Have in Common: Domestic Violence Records
(DBN)

Man batters mother in beef over cheeseburger
(DBN)

Fired For ‘Acting Like A Man’: Sexual Harassment Cases You Don’t See Everyday (Hopefully)
(DBN)

Plaintiffs Lawyer Advertising Proves Ever Bolder
(DBN)

Gun control debate revived in wake of congressman being shot Wife of Gunman Can't Believe His Actions Scalise Undergoes Third Surgery Congressional Baseball Charity Game Goes On
(DBN)

In Praise Of Attorney Sy Feltz From ‘Fargo’
(DBN)

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Judges:

A Call For Nominees For The 2017 William L. Norton, Jr. Judicial Excellence Award
(DBN)

Trump can stack the judiciary for years. That's why Republicans stick with him
(DBN)

Trump headed to Supreme Court as justices weigh travel ban
(DBN)

Justice Neil Gorsuch Authors His First Opinion as Justice of the U.S. Supreme Court Gorsuch’s First Opinion: Let Debt Collectors Run Amok
(DBN)

Gorsuch gets comfortable in Scalia’s chair
(DBN)

Trump visits Supreme Court for Gorsuch installation
(DBN)

Diane Feinstein Gets Snippy With Sixth Circuit Nominee
(DBN)

NY Gov. to nominate first openly LGBT state high court judge
(DBN)

Is it unethical to ghost-write a brief?
(DBN)

Ginsburg's Surprisingly Retro Feminism
(DBN)

Why there should be cameras in the Supreme Court
(DBN)

It’s always a bad sign when a judicial nominee has to begin his hearing with an apology
(DBN)

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Wall Street:

Stock futures in holding pattern, keeping Nasdaq on pace for weekly drop
(DBN)

Stocks close lower as tech slides; Apple, Alphabet fall
(DBN)

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Layoffs:

Nike To Cut About 1,400 Jobs
(DBN)

Energy XXI Gulf Coast Cuts Workforce BY 18%
(DBN)

Keurig Green Mountain lays off 130
(DBN)

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Healthcare:

The Platinum Patients: 5% of Americans account for 50% of medical bills
(DBN)

How Democrats Would Fix Obamacare Once Upon a Time … Bipartisanship and Health Care Weren’t Dirty Words Alexander: Trump should make ACA payments Top Republicans Tell Trump: Make Obamacare Work, for Now House Republicans 'can't believe' Trump called their healthcare bill 'mean' Republicans brush off Trump calling health bill 'mean' Why GOP is Hell Bent on Passing TrumpCare Rand denounces 'new entitlements' in emerging health bill GOP Senate leaders aim to bring health-care legislation to the floor by the end of June What May Be in the Senate’s Health Bill
(DBN)

Trumpcare Could Bring ‘Lifetime Limits’ to Millions With Employer-Provided Insurance
(DBN)

One of the most prestigious brands in medicine is jumping into Obamacare
(DBN)

Uncertainty: Major Michigan insurance company announces premium hikes
(DBN)

Trump Prepares Drug Pricing Executive Order
(DBN)

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Religion:

Objections to Twin Cities archdiocese bankruptcy plans aired in court
(DBN)

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Fraud:

Criticism mounts on Madoff compensation fund
(DBN)

Lawsuit Against GE Finance Unit Over Petters' Fraud Heads to Trial
(DBN)

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Personal Finance:

The psychology behind why your résumé hardly stands a chance to make it past the rejection pile
(DBN)

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Coal:

Coal power could be dying for good — here’s the evidence
(DBN)

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Student Debt:

Department of Education Intends to Revisit Rules that Provide Relief and Protections to Students, Taxpayers from School Fraud
(DBN)

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Debt Collection:

So Who Really Is A ‘Debt Collector’ Under The FDCPA?
(DBN)

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Food/Beverage:

Landry's bids for Joe's Crab Shack operator
(DBN)

Duff & Phelps’ Josh Benn talks Ignite Restaurants hurdles and looming bidding war
(DBN)

Strack & Van Til bankruptcy case moved to Illinois
(DBN)

Marsh Supermarkets Announces Liquidation Sales and Auction Transactions Here's what $20 bought at Marsh during Thursday's liquidation sale
(DBN)

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Economy:

Weekly Initial Unemployment Claims decrease to 237,000
(DBN)

U.S. jobs market tightens; inflation pressures cooling The Controversy Over Inflation
(DBN)

How Factory Closures Doom the Next Generation Too
(DBN)

Fed Chair Sweepstakes Shows Yellen In Neck-and-Neck Race
(DBN)

Janet Yellen is starting to warm to a policy the Fed once regarded as radical
(DBN)

Study: Consumers Pay Down Credit Card Debt in First Quarter; But Not Enough
(DBN)

Larry Summers: 5 reasons why the Fed may be making a mistake
(DBN)

The Trump administration is at odds over how to keep the government from defaulting, and time is running short
(DBN)

A predictor with a perfect track record on the American economy is moving closer to signaling a recession
(DBN)

NY and Philly Manufacturing Surveys Suggest Solid Growth in June
(DBN)

Industrial Production Unchanged in May
(DBN)

President Trump Signs Executive Order to Double Funds for Apprenticeships
(DBN)

Taiwan's Foxconn, assembler of iPhones, considering Wisconsin plant
(DBN)

Markets are losing faith in Donald Trump
(DBN)

Why rural America is falling behind: 40% of residents don’t have decent broadband access
(DBN)

Recent immigrants are more educated than Americans in 26 states
(DBN)

How Much Are People Making from the Sharing Economy?
(DBN)

Feds collect Record Taxes in May
(DBN)

Big banks may have an extra $100 billion to spare thanks to Trump, but it's probably not going to go where he wants it to
(DBN)

Kansas’s conservative experiment may have gone worse than people thought
(DBN)

It’s time to stop blaming poor people for the financial crisis
(DBN)

The surprising number of American adults who think chocolate milk comes from brown cows
(DBN)

States Plan Meager Spending Increases in Next Year
(DBN)

How much money some of the biggest companies on the planet make per employee
(DBN)

Hawaii just became the first US state to pass a bill supporting basic income
(DBN)

Republicans Warn Defense Increase Can’t Come at Domestic Expense
(DBN)

The U.S. Is Where the Rich Are the Richest
(DBN)

The bond market doesn’t believe Trump’s election promises
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

Homebuilder confidence slips 2 points in June to 67 despite strong demand for new homes NAHB: Builder Confidence decreased to 67 in June
(DBN)

Mortgage "Rates Drop to 8-Month Lows"
(DBN)

Sacramento Housing in May: Sales up 7%, Active Inventory down 14% YoY
(DBN)

New Wells Fargo scandal over modifying mortgages without authorization Wells Fargo may be in hot water again Borrowers say 'stealth' mortgage modifications by Wells Fargo could cost them their homes
(DBN)

Supreme Court Justice Neil Gorsuch Will Now Hear Opening Arguments for CO Home
(DBN)

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Municipalities:

Puerto Rico governor pushes statehood after boycott-plagued vote Puerto Rico and Statehood Statehood for Puerto Rico a long way off
(DBN)

Less Than 50% Of Puerto Rico School Budget Reaches Classrooms
(DBN)

Puerto Rico Lodges Status Report
(DBN)

Puerto Rico Bankruptcy Committees Appointed
(DBN)

U.S. lawmaker troubled Puerto Rico board slow to approve $9 bln power deal
(DBN)

PREPA needs a pass towards revitalization
(DBN)

Notice Regarding Preliminary Designation Of Chief Judge Houser As Lead Judicial Mediator In Puerto Rico Insolvency Cases
(DBN)

Retired fed judge Carlo-Altieri says "mediation is essential to reach a global solution" for Puerto Rico
(DBN)

Borrowing to Fund Pensions Could Make California the Next Puerto Rico
(DBN)

Puerto Rico Bondholders Must Be Treated Fairly
(DBN)

Unable To Pay Bills, Illinois Sends "Dear Contractor" Letter Telling Firms To Halt Road Work On July 1
(DBN)

Powerball and Mega Millions announce they are leaving bankrupt Illinois
(DBN)

Ominous signs for states as revenue targets missed
(DBN)

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Oil/Gas:

Bankrupt Driller Not Required to Plug Abandoned Well
(DBN)

Oil slides, hits six-month low as OPEC fails to curb glut Oil Extends Slump as US Fuel Glut Leaves Market Disheartened Oil rebounds from 2017 low, but heads for 4th weekly loss
(DBN)

Gasoline prices likely to remain low - for now at least
(DBN)

OPEC Took Aim at US Oil Producers, but Hurt Itself, Too Oil guru who foresaw crash says OPEC should have cut deeper
(DBN)

Big Oil Opposes Trump's Budget Plans
(DBN)

The Long-Term Price of Oil Is ...
(DBN)

Shale Drillers Digging Themselves a Hole as Oil Breaches $45
(DBN)

Funds pull back from Permian as US shale oil firms go into overdrive
(DBN)

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Corporate Reform:

CFPB Accuses Congress of Misstatements
(DBN)

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Baseball:

Titans seek bankruptcy
(DBN)

______________

Nuclear:

Group says Georgia nuclear plant costs rise to $29 bln
(DBN)

Toshiba’s loan guarantee at Plant Vogtle may be hollow: Moody’s
(DBN)

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Solar:

US to lose 88,000 solar jobs if Suniva petition succeeds
(DBN)

Solar And Wind Revolution Happening Much Faster Than Expected
(DBN)

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Mining:

Rare earth mine sells for $20.5 M
(DBN)

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Defaults:

Fitch: US High Yield Default Rate Approaches 2%
(DBN)

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New Bankruptcy Opinions
(9 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 (87 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:

First-Level Bankruptcy Appeals Filed (FY 2005-16)
(DBN)

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Ch. 13:

District of Minnesota will opt out of use of National Chapter 13 Plan Form
(DBN)

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Jurisdiction:

First Circuit Rules that Bankruptcy Court “Retention of Jurisdiction” Provisions Not Enough to Establish Jurisdiction
(DBN)

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Bankruptcy Rules:

BK CD CA: Revised and New Local Bankruptcy Rules Forms Effective June 15, 2017
(DBN)

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Litigation:

What’s Going On In The World Of Commercial Litigation?
(DBN)

______________

D&O:

Though Fraudulent Transfers Took Place During the Policy Period, Past Acts Exclusion Still Precludes Coverage
(DBN)

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Autos:

Air bag maker Takata to file bankruptcy this month -sources Takata Plans to File for Bankruptcy as Soon as Next Week, Source Says Inaction on Takata scandal sullied Japanese cars' reputation Takata shares suspended on bankruptcy filing report From air bag king to bankruptcy court: A Q&A on Takata's fall Takata teeters towards bankruptcy protection Takata's Frenemies Need It to Stay Alive
(DBN)

Bank Of America: We've reached 'peak car'
(DBN)

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Retailing:

Teen Retailer Papaya Clothing Files for Bankruptcy Protection
(DBN)

J. Crew Debt Maneuver Can Be a Model for Other Troubled Retailers
(DBN)

25% of US Malls Could Close Within 5 Years
(DBN)

1 J.C. Penney Store Closure Shows Why There's Still Hope for Department Stores
(DBN)

______________

Politics:

Special counsel is investigating Trump for possible obstruction of justice, officials say How Mueller's Investigation Into Trump Unfolds Trump lashes out: It's a 'witch hunt!' Trump tweets obstruction of justice reports are "phony" Trump is now under investigation, and he has no one to blame but himself Here's how long investigations like the one into Trump and Russia usually last White House aides fret over Trump's Russia probe obsession Trump pressed NSA chief to absolve him Trump just proved James Comey right on a major part of their dispute Trump goes after 'Crooked H' Clinton and 'Dems dealings with Russia' as special counsel probe expands Mike Pence hires outside counsel to deal with Russia-probe inquiries Special Counsel probing Kushner business ties Aides Worry Over Trump Obsession on Probes
(DBN)

Special counsel Mueller also investigating possible ‘money laundering by Trump associates’
(DBN)

GOP lawmaker: Trump ‘partially to blame for demons’ making Americans act ‘weird and different’
(DBN)

In Hard Times, Voters Choose Assertive Leaders Over Respected Ones
(DBN)

Lobbyist for Russian interests says he attended dinners hosted by Sessions Russia Lobbyist: My Dinners with Sessions
(DBN)

One stunning quote that sums up James Hodgkinson’s hyperpartisan world
(DBN)

Seventeen-Point Drop in US Satisfaction Among Republicans
(DBN)

General Mattis: No Enemy Has Done More Harm Than Congress
(DBN)

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UK:

London fire – death toll set to go past 100 A deadly fire in a London tower prompts sharp questions: Residents say their warnings went unheeded for years London Fire Shows Why Britons Don’t Trust the System Grenfell Tower fire victims 'may never be identified' as death toll rises to 17
(DBN)

Pain or Promise: Where Brexit Matters Most London Finance Workers Describe A Local Culture That Sounds Like A Mashup Between 1980s Wall Street And Dante’s Inferno Are Germany and France Trying to Get the UK to Rescind Brexit? Leaked talks show Brussels will demand a €99.6 billion Brexit divorce bill from the UK Brexit might be big trouble for the UK's business schools The Death of Brexit at the Hands of May
(DBN)

Bank of England shocks markets with close vote on rate hike
(DBN)

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EU:

EU finance ministers set to agree measures to lower uncertainty in bank wind-downs
(DBN)

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PIIGS:

Greece and creditors reach deal on next part of bailout Greece calls for debt relief measures ahead of crunch euro zone meeting Greece gets enough to avoid another bailout trauma Greece to get some cash - and some idea of future debt relief Schaeuble optimistic about Greece deal, says it had been reached late May Reality Check: Have the Greek bailouts worked? Greeks need help with economy, EU official says Greece to get over $9 billion loan from creditors Greece unlocks fresh bail-out funds as Christine Lagarde brands debt deal 'second best solution' EU to Unlock Greek Aid With No Debt Load Relief
(DBN)

European markets up following Greek debt deal
(DBN)

EU's Dijsselbloem praises "successful" Banco Popular rescue
(DBN)

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Canada:

Sears Canada Hires Bankruptcy Advisory Firm Sears Canada's future is in doubt. How did it come to this?
(DBN)

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Brazil:

The Rio Olympics were a financial disaster and it keeps getting worse
(DBN)

Restructuring offers growth for Moelis in Brazil
(DBN)

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India:

The Insolvency And Bankruptcy Process In India
(DBN)

Now, a firm's insolvency process to be completed in 90 days
(DBN)

Some insolvency rules need to be more stringent
(DBN)

India's cbank deputy says state-run lenders may need more capital
(DBN)

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China:

China's Real Estate Mirage
(DBN)

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MENA:

Russia Claims It Has Killed ISIS Leader al-Baghdadi
(DBN)

How the Qatar crisis is shaping the future of the region Gulf Showdown Exposes Qatar’s Fragility
(DBN)

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Venezuela:

Venezuela’s oil industry is collapsing and Cuba is scrambling
(DBN)

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Netherlands:

Vroon shipping group reaches agreement with creditors
(DBN)

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