June 19, 2017

The Daily Bankruptcy News

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Law:

No Soup For Them! Soupman's Bankruptcy Leaves Big Law Bowls Empty
(DBN)

Few male in-house lawyers believe there is a gender pay gap, global survey finds Men Six Times Less Likely to Say Gender Pay Gap ‘Definitely’ Exists
(DBN)

How To Manage Difficult Clients
(DBN)

When a client cusses out other side's lawyers, are his attorneys responsible?
(DBN)

Seasoned attorneys looking to move in-house should keep these 4 tips in mind
(DBN)

Firm accuses ex-associate of walking off with confidential client info and documents
(DBN)

Here's who would be next in line if Rod Rosenstein steps away from the Russia investigation
(DBN)

Will Rosenstein recuse himself from overseeing special counsel probe? Not at this point, DOJ says Rod Rosenstein Seems Ready For His Richardson/Ruckelshaus Moment Now Trump is Attacking Rosenstein Meet the all-star team of lawyers Robert Mueller has assembled for the Trump-Russia investigation
(DBN)

Guess Who James Comey Picked As His Daughter’s Godfather
(DBN)

Rep. Steve Scalise has improved to 'serious condition,' is responsive and speaking with loved ones DC Gunman Was an Abusive Alcoholic DC Gunman Has List of Those to Kill
(DBN)

Trump Selects Law Grad For Housing Job — Law School Says She’s Not A Law Grad
(DBN)

Jared Kushner said to be reconsidering his legal team
(DBN)

Trump's personal lawyer contradicts him on Russia investigation, says he's not being probed
(DBN)

How to childproof your iPhone or iPad
(DBN)

People taking the bar exam in Tennessee won't be able to use certain Microsoft Surface devices
(DBN)

Women lawyers, like women in politics, must keep pushing
(DBN)

Bill Cosby Case Ends In Mistrial; D.A. Says “Will Retry” Bill Cosby's criminal case may have ended in a mistrial, but he still faces civil lawsuits Cosby knew he would get a hung jury all along Camille Cosby calls prosecutors 'heinously and exploitevly ambitious' and accuses judge of 'overtly and arrogantly collaborating with the DA' The Unsurprising Failure to Convict Bill Cosby
(DBN)

Officer is acquitted in shooting death of black driver whose girlfriend livestreamed the aftermath
(DBN)

Woman is found guilty of involuntary manslaughter for encouraging boyfriend’s suicide with texts Being A B---- Is Now A Criminal Offense, Apparently Texting Suicide Verdict Bad Precedent
(DBN)

Trump keeps Obama’s ‘Dreamer’ program intact, but their parents face deportation
(DBN)

Trump administration quietly rolls back civil rights efforts across federal government
(DBN)

More courts allowing 3 parents of 1 child
(DBN)

Preet Bharara Was Once The Subject Of Racial Jokes At The S.D.N.Y.
(DBN)

A teenage Muslim girl was found dead after being abducted leaving a mosque in Virginia
(DBN)

Attorneys who got $3.75 million settlement in vibrator suit ask for $1.1 million in fees
(DBN)

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Judges:

Judge censured for disparaging jurors asks SCOTUS to hear his case
(DBN)

Bill Cosby's team attacked the judge who will likely preside over his retrial
(DBN)

Civil rights group calls for ICE to stop arresting people at courthouses
(DBN)

"Why are you here?" Probably not a question a lawyer wants to be asked by a judge
(DBN)

Oregon judge admits to mistakes, but not marrying same-sex couples isn’t one of them
(DBN)

Judge Faces Discipline For Allegedly Stealing Business Card Holders
(DBN)

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Wall Street:

Dow poised for a fresh record, while tech stocks shape up for rebound
(DBN)

U.S. stocks close lower as tech selloff resumes
(DBN)

Wall Street is seeing money pour in at a near record-setting pace
(DBN)

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Layoffs:

Amazon is reportedly planning to cut jobs at Whole Foods
(DBN)

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Nuclear:

Toshiba payment helps finish Georgia plant
(DBN)

Westinghouse Collapse Sparks a Nuclear Bond Buying Opportunity
(DBN)

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Autos:

Bankruptcy Plan Would Make Takata Quit Producing Airbag Inflators: Report Takata to file for bankruptcy soon – reports Takata said to plan bankruptcy filings as soon as this week Takata stock trading halted amid reports of bankruptcy Takata Said to Ready Bankruptcy Filing Ahead of Sale to Rival Facing Billions in Liabilities for Air Bag Defects, Takata ‘Prepares to Declare Bankruptcy’ Takata shares plummet 17% on bankruptcy reports Takata Declines by Daily Limit as It's Said to Plan Bankruptcy
(DBN)

Vehicles involved in Dusty Old Cars bankruptcy to be auctioned
(DBN)

The Car Was Repossessed, but the Debt Remains
(DBN)

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Bankruptcy Crimes:

Van Nuys man ordered detained pending trial on bankruptcy fraud
(DBN)

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Consumer Finance:

Pawnbroker A-OK cites embezzlement in multimillion-dollar bankruptcy
(DBN)

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Education:

U.S. Halts New Rules Aimed at Abuses by For-Profit Colleges
(DBN)

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Economy:

Consumer confidence drops to 7-month low
(DBN)

BLS: Unemployment Rates Lower in 9 states in May, Four States at New Series Lows
(DBN)

Can Trump deliver 3% economic growth?
(DBN)

Why 'suddenly hawkish' Yellen brushed off the dip in inflation
(DBN)

Talk of a skills gap in the labor market is 'an incredible cop out'
(DBN)

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

The US economy looks a lot like the period before the tech bubble
(DBN)

Tax overhaul in trouble as opposition to import tax grows
(DBN)

Part of GOP Corporate Tax Plan in Trouble
(DBN)

Lawler: Reasonable Population Projections Are Important!
(DBN)

Rural Americans Most Pessimistic About Jobs
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

Housing Starts decreased to 1.092 Million Annual Rate in May
(DBN)

Why home builders and home sellers are suddenly shy
(DBN)

Everyone’s asking San Francisco: Can you see a bubble if you’re in a bubble?
(DBN)

For Renters the Housing Crisis Never Ended
(DBN)

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Municipalities:

The tide of history is turning to statehood for Puerto Rico
(DBN)

Own up, Congress: Fix the mess in Puerto Rico
(DBN)

Group seeks transparency in high-stakes Puerto Rico bankruptcy case
(DBN)

The Federal Government Ruined Puerto Rico
(DBN)

Official warns Illinois finances in 'massive crisis mode' IL comptroller warns of 'massive fiscal crisis' by end of the month
(DBN)

50 Worst American Cities to Live In
(DBN)

Are States The Next 'Too Big To Fail'?
(DBN)

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Oil/Gas:

MLPs Are At The Mercy Of Oil Prices
(DBN)

Oil Rigs: "Smallest four week add since last year" Nation's rig count on the rise, continues record-breaking streak
(DBN)

GulfMark restructuring advances with order for $125 mln offering
(DBN)

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Politics:

Reported Trump pick for NY housing position doesn't have the law degree she claims to have
(DBN)

'Was this just mis-tweeted?': Anchors grill Trump lawyer on whether Trump is under investigation Trump tries to get back on message, tweets his frustration with Russia investigation 'Witch Hunt' 'Don't tell me what I'm trying to do': Fox News anchor clashes with Trump attorney in fiery interview over investigation WH Pushes Weaker Russia Sanctions Trump & Staff at Legal Odds on Investigation
(DBN)

The wave of emoluments lawsuits against Trump
(DBN)

What Really Happened in the 2016 Election
(DBN)

Rural America Loves Trump Now
(DBN)

The Hypocrisy of Mitch McConnell: 2010-2017
(DBN)

The GOP's Risky Calculation for 2018
(DBN)

Trump earns $598M as Mar-a-Lago profits spike
(DBN)

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Fraud:

$4 billion fund will begin paying Bernie Madoff's victims this year Justice Department's Madoff Fund Inches Closer to First Payout
(DBN)

NJ hedge fund owner, accused of stealing $4M from investors, loses bid to sever charges into 2 trials
(DBN)

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Retailing:

You thought your Whole Foods bill was expensive? Amazon just spent $13.7 billion there Whole Foods workers fear robots, drones and culture clash Whole Foods deal shows Amazon’s prodigious tolerance for risk There's a reason the grocery industry is panicking about Amazon's purchase of Whole Foods Amazon Upsets the Grocery Cart
(DBN)

J. Crew clinches key lender support for debt deal
(DBN)

Ann Taylor Buyer Ascena Has Unhappy Post-Purchase Experience
(DBN)

Which Apparel Retailers Will Survive? Operating Leases Provide Important Clues
(DBN)

The Long, Hard, Unprecedented Fall of Sears
(DBN)

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Distressed Investing:

SEC cuts Tilton disgorgement after SCOTUS ruling
(DBN)

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Aviation:

Alitalia Files For US Bankruptcy Protection
(DBN)

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Banking:

Dispute with defunct Seaway still could cost Urban Partnership Bank
(DBN)

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Marijuana:

The U.S. weed rush and white-collar cannabis CEOs
(DBN)

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Taxis:

The six looming legal threats that could sink Uber, according to lawyers
(DBN)

Homeless, Assaulted, Broke: Life of Uber Driver
(DBN)

Uber Apologizes to NYC Riders (Not)
(DBN)

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New Bankruptcy Opinions
(8 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (22 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (50 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:

Ch. 11 Retail Debt 2017 To Date
(DBN)

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Automatic Stay:

Third Circuit holds post-petition filing of New Jersey construction lien violates automatic stay
(DBN)

Where Creditor Released Garnishment within One Week of Learning of Bankruptcy, Debtor Did Not Have a Case Under §362(k) for Stay Violation
(DBN)

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Ch. 13:

BK MA Seeks Comments On Proposed Ch. 13 Plan
(DBN)

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Avoidance Actions:

Preference Actions Filed in Draw Another Circle Bankruptcy
(DBN)

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Food/Beverage:

Tilman Fertitta bids $55M for Ignite Restaurant Group
(DBN)

Indie ice cream brand Steve's gets scooped up out of bankruptcy
(DBN)

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Corporate Reform:

Deconstructing the Administrative State
(DBN)

Trump likely to nominate former Senate aide Peirce for SEC: Bloomberg
(DBN)

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Celebs:

Alyssa Milano blames financial managers in bankruptcy
(DBN)

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Non-Profits:

RCWE's troubles live on in bankruptcy
(DBN)

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Healthcare:

Even the Insured Often Can't Afford Their Medical Bills
(DBN)

TrumpCare Could Cause Economic Downturn
(DBN)

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UK:

A new poll shows the public is overwhelmingly opposed to 'Hard Brexit' UK insists trade relationship must be agreed upon with EU at same time as Brexit Yanis Varoufakis warns the U.K. needs 5 years to seal a Brexit deal Brexit Begins Big Business Presses May to Rethink Brexit A Plan for Brexit
(DBN)

Collapsed law firm once run by ex-MP had £600000 debt
(DBN)

Most office workers in the UK get distracted during meetings and even work on other things or fall asleep
(DBN)

Police: 79 missing or presumed dead in the Grenfell Tower fire
(DBN)

Britain's house prices fell in June for the first time since 2009
(DBN)

New guidelines for UK courts could push hauliers into bankruptcy
(DBN)

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PIIGS:

Greece escapes brush with bankruptcy but austerity still bites A step has been taken; now for the rest Greece Gets a Break in Its Seven-Year Drama
(DBN)

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India:

Why RBI Picked These 12 Accounts For Insolvency Action
(DBN)

India's RBI Said to Order Lenders to Take 12 Debtors to Court
(DBN)

Gambling With the Distressed Dozen
(DBN)

Clock is ticking on India’s bad bank debts under bankruptcy laws
(DBN)

Does Govt. Have Strategy for its Bankruptcy Policy?
(DBN)

Nitty-gritty of bankruptcy code
(DBN)

Bankers meet from Monday to take action on mega loan defaulters
(DBN)

RBI Directs IDBI Bank To Start Insolvency Proceeding Against Lanco Infratech Lanco Infratech confirms RBI order on insolvency process
(DBN)

Can Insolvency Code solve banks' NPA crisis?
(DBN)

Faster insolvency process in place for startups, small cos
(DBN)

Nitty-gritty of bankruptcy code
(DBN)

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MENA:

Dana Gas sukuk invalidation attempt rouses creditors and observers vis-a-vis intention and governing laws
(DBN)

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Azerbaijan:

Azerbaijan Bank Took $900 Million Irish Detour On Way to Default
(DBN)

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Australia:

Britain's Liberty House submits revised bid for Australia's Arrium
(DBN)

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