June 26, 2017

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Altman Weil 2017 Law Firms In Transition Survey Results
(DBN)

Bankruptcy lawyer sworn in as WI state bar president
(DBN)

"I have nothing to lose." Ex-Dentons associate accused of trying to extort partners at the firm
(DBN)

Debevoise & Plimpton Promotes Bankruptcy Lawyer To Counsel
(DBN)

Years After Legal Troubles, Ex-Big Law Partner Re-Emerges
(DBN)

Trump and Devos Deliver One-Two Punch on Law School Loans
(DBN)

From East to West, Big Law Comes Out for Pride
(DBN)

The Law Firm Supergroup That Outplayed Them All
(DBN)

This BigLaw firm was named the most prestigious
(DBN)

Drinker Biddle Says Ex-Atty Fired For 'Mediocre' Work
(DBN)

Baker Botts given chance to respond in $50 billion Yukos row
(DBN)

Sedgwick partner settles gender discrimination suit against the firm
(DBN)

How To Stay Safe In A World Of Law Firm Data Breaches
(DBN)

Looking to better integrate and retain your lateral hires? Here's 5 tips on how
(DBN)

Ex-BigLaw atty convicted of insider trading taps Proskauer for post-verdict defense
(DBN)

Star witness says lavish gifts to Philly DA didn't help him with his most pressing problems
(DBN)

TV truck stolen while crew worked on crime story
(DBN)

Police: Unhappy customers beat restaurant owner, daughter over order
(DBN)

Are States Safer with Right to Carry Laws?
(DBN)

Woman Left Kids in Car to Die
(DBN)

4 Million Can Sue Huckabee for Robocalls
(DBN)

Coffee-seeking 81-year-old leads police on low-speed chase
(DBN)

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Judges:

Augusta native sworn in as newest Bankruptcy Court judge
(DBN)

Anthony Kennedy retirement watch at a fever pitch Rumors swirl about Justice Kennedy's potential retirement This Would Be the Worst Time for Justice Kennedy to Step Down Supreme Court Justice Anthony Kennedy Retirement Rumors Has Washington on Edge For Next Term Conway won't confirm Justice Kennedy retirement rumors
(DBN)

Supreme Court Says It Will Issue Last Opinions of Term Monday
(DBN)

Ex-tax court judge gets 3 years for tax fraud
(DBN)

Judge files defamation suit over his portrayal in book
(DBN)

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Wall Street:

U.S. stocks poised for higher open as rising oil prices lift trading mood
(DBN)

U.S. Stocks in Lull as S&P 500 Little Changed; Energy Advances Stock indexes inch higher as energy stocks claw from the hole
(DBN)

The Untold Story of How Gary Cohn Fell for Donald Trump
(DBN)

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Layoffs:

VW Cutting Jobs Faster Than Planned
(DBN)

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Festivals:

After recent high-profile blunders, music festival promoters find bigger isn't always better
(DBN)

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Autos:

US authorities have issued international arrest warrants for 5 former VW execs
(DBN)

Takata files for bankruptcy , overwhelmed by air bag recalls Troubled Air-Bag Maker Takata Files for Bankruptcy in Japan and the U.S. Takata Bankrupt With $10B in Liabilities Takata's Long Road Through Bankruptcy Airbag maker Takata files for bankruptcy in Japan and US, seeking $1.6B aid from Key Safety Systems Takata's woes expected to continue beyond bankruptcy filing Takata Bankruptcy Would Cloud Auto Industry's Biggest Recall What Takata's Bankruptcy Means for Airbag Recalls: Quicktake Q&A Air bag maker Takata bankruptcy expected Monday in Japan, US Q&A: A look at Takata's bankruptcy and air bag recalls Timeline-Japan's Takata: From Parachutes to Airbags to Bankruptcy Shanghai's Joyson Electronic steps in to save bankrupt airbag firm Key Safety Systems to acquire Takata for $1.59 billion in bankruptcy Japanese airbag maker Takata files for bankruptcy , finds US buyer Japan Suffers Record Manufacturing Bankruptcy With Takata Japan Inc. and the Takata saga Japan's trade minister: Takata bankruptcy filing was unavoidable Japan's automakers say it will be difficult to recoup billions spent recalling Takata airbags Japanese airbag maker Takata files for bankruptcy, gets U.S. sponsor First Day Dec
(DBN)

Drivers' bid for Jones Day VW docs is too broad, judge says
(DBN)

Honda denies knowing Takata air bags were faulty 20 years ago
(DBN)

Uber, Tesla, Google Struggle to Disrupt Auto Industry
(DBN)

General Motors Agrees to Settle Hundreds of Ignition Lawsuits
(DBN)

Subprime Auto Bonds From 2015 May End Up Worst Ever, Fitch Says
(DBN)

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Boating:

Minnesota pontoon manufacturer declares bankruptcy
(DBN)

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Retailing:

Gymboree’s lenders working on comeback strategy for retailer What Gymboree's Bankruptcy Means for Clothing Retailers
(DBN)

Store closings have tripled so far this year
(DBN)

Are All of Sears Vendors Getting Ready to Run? The creaking and croaking of Sears Canada
(DBN)

Wal-Mart Said to Steer Clear of Making Rival Bid for Whole Foods Even with Whole Foods, Amazon would need many more warehouses to reshape grocery delivery
(DBN)

A Goldmine Of Radio Shack Goodies Is Up For Auction
(DBN)

Can the Nordstrom Family Afford to Take the Company Private?
(DBN)

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Student Debt:

As student debt rises, fake relief firms prey
(DBN)

Relatively Young, Healthy Recently-separated Single Parent with Part-Time Job Passed Brunner Test to Discharge Student Loans
(DBN)

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Banking:

A Bank Payout Bonanza Is One Step Closer
(DBN)

Less Stress in Fed's Bank Test
(DBN)

Ranking America's 9 Biggest Banks
(DBN)

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Coal:

The World's Largest Coal Mining Company Is Closing 37 Sites
(DBN)

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Mass Torts:

Prosecutors seek 35-year term in deadly meningitis outbreak
(DBN)

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Celebs:

Sports stars who've gone bankrupt
(DBN)

The biggest celebrity financial losses
(DBN)

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Distressed Investing:

Asia Junk Bond Buyers Accept Weaker Debt Protection
(DBN)

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Fraud:

Shared workspace startup Bar Works is a Ponzi scheme, investors claim
(DBN)

Former “We Buy Ugly Houses” franchisee admits to running real estate ponzi scheme
(DBN)

Donald Trump may face new legal action over Trump University
(DBN)

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Economy:

Fed's Mester Argues for Rate Hikes as Bullard Counsels Patience
(DBN)

Fed’s Long, Strange Inflation Trip Feels Like a 1960s Flashback
(DBN)

Fed's Williams says gradual rate hikes are needed for growth
(DBN)

The Fed Needs to Acknowledge Slowing Economy
(DBN)

What Trump gets right — and not — on trade
(DBN)

For Consumers, Less Debt but Lots of Bills
(DBN)

Consumer Non-Debt Financial Obligations as a Share of After-Tax Income, 1980-Present
(DBN)

Bankruptcy guru Edward Altman sees similarities to 2007 in the credit market today
(DBN)

The next recession will probably start much like the last one
(DBN)

The promise and pitfalls of privatizing public assets
(DBN)

Refugees To US Cut In Half
(DBN)

The Sun Won't Pay for Trump's Wall, Either
(DBN)

GOP Push for 20-Year Tax Cut Grows as Ryan Seeks Permanent Fix
(DBN)

American workers have done all they can do to grow the economy — now it’s the turn of business
(DBN)

This is why millennials can’t have nice things (or save any money)
(DBN)

These are the next industries that will go the way of taxis and hotels
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

Developer of Sioux City Building Files for Bankruptcy
(DBN)

New home sales reverse course, increase in May
(DBN)

NY 'Billionaires Row' Suffers Biggest Foreclosure In History
(DBN)

Former home of Anna Nicole Smith hits market for $2.8 million
(DBN)

Senior home equity hits all-time high in Q1
(DBN)

Texas hot markets begin to see slowdown
(DBN)

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Municipalities:

After Puerto Rico’s Debt Crisis, Worries Shift to Virgin Islands
(DBN)

Puerto Rico: a bankruptcy or sovereignty crisis?
(DBN)

Illinois could be 1st state with 'junk' credit due to budget
(DBN)

The meltdown in Illinois
(DBN)

Welcome to Fear City, Illinois: Lessons from the New York financial meltdown
(DBN)

A risky fix to repair a city's gutted streetlight grid
(DBN)

AZ: High police and fire pension rates send lawmakers scrambling
(DBN)

Defiant to depressed: 10% of Flint household owed more than $1,000 in water bills this spring
(DBN)

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Oil/Gas:

Lower oil prices and rising costs squeeze West Texas drillers
(DBN)

Oil Gains as Biggest Monthly Loss in a Year Considered Excessive
(DBN)

The Oil Glut Camouflages Some Vicious Black Swans
(DBN)

Houston still limping out of the oil downturn
(DBN)

Saudi Arabia's New Heir Leads Revolution of Powerful Millennials
(DBN)

OPEC Gets Another Supply Headache From Surging Brazilian Exports OPEC Looks Totally Bewildered by the Oil Market Where’s the market headed? Don’t look to OPEC for the answer
(DBN)

Trump's Anti-Nafta Stance Is on a Collision Course With Natural Gas
(DBN)

Oil Prices To Stay Low If Global Credit Impulse Turns Negative
(DBN)

Peak Oil Demand and Wasting Trillions
(DBN)

Oil Goes Bearish - What The Future Holds
(DBN)

For investors in shale drilling, the party's over
(DBN)

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Media:

Hulk Hogan Lawyer Helms New Suit Against Gawker Successor
(DBN)

A new Netflix documentary about the Gawker vs. Hulk Hogan trial will change how you see the case
(DBN)

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Politics:

Trumpmania Cools in This Pennsylvania Town
(DBN)

Trump Now Believes Russia Hacked Election Because He Can Blame Obama Trump slams Obama administration for its handling of Russia's election meddling Trump Says Comey’s ‘Story May Have Changed’ After Tape Threat GOP to Trump: Quit Bagging Mueller Trump's Denials on Russia Frustrate Allies
(DBN)

Bernie Sanders and his wife reportedly lawyer up amid FBI probe
(DBN)

Trump Sued by Watchdog Group Over Auto-Delete Messaging Apps
(DBN)

FactCheck: Trump's Missions Accomplished
(DBN)

Senate Panel Probes Alleged Comment by Obama’s Attorney General Lynch
(DBN)

Some House Democrats Mull Over How to Oust Pelosi as Leader
(DBN)

Trump calls Obama a copycat for saying health bill is ‘mean’
(DBN)

New York Times' Full Page of Trump's Lies
(DBN)

13 Predictions: How Long Can Trump Last
(DBN)

Kasich: Neither Party Cares About the Poor
(DBN)

Deutsche Banks Lent Kushner $285 Million
(DBN)

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Paper:

Lincoln files legal objection over cleanup plans for bankrupt mill
(DBN)

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Food/Beverage:

Liquidation auction on tap for Dutch Girl Brewery
(DBN)

Strack & Van Til bid deadline looms
(DBN)

The Secret to Restaurants' Woes? Check the Freezer Aisle
(DBN)

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Nuclear:

'Claims traders' play the margins in Westinghouse's bankruptcy case
(DBN)

SCE&G nuclear project may stay afloat past Monday deadline
(DBN)

Missing documentation throws Santee Cooper, SCE&G nuclear project timeline, costs in doubt
(DBN)

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Apparel:

Eddie Bauer may be put up for sale
(DBN)

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Resorts:

New plot twist for South Carolina island made famous by Pat Conroy
(DBN)

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Corporate Governance:

How You Know the CEO Is a Goner
(DBN)

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Taxis:

Uber's Happy Days are Still a Long Way Off Lutz: Uber Was Run as a Big Frat Party A timeline of Uber's rough year
(DBN)

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Currency:

When the Bitcoin Bubble Bursts
(DBN)

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Maritime:

Choppy waters
(DBN)

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New Bankruptcy Opinions
(10 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (60 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (6 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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Estoppel:

Second Circuit Holds Claims of Fraud Brought Post-Confirmation Were Barred by Judicial Estoppel
(DBN)

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Discharge:

Debt for Helicopter Medical Transport was Dischargeable Even Though Debtor Spent Insurance Benefits on Himself
(DBN)

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Ch. 13:

BK ND GA Seeking Ch. 13 trustee
(DBN)

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Healthcare:

Surgical hospital owner, operator files for bankruptcy
(DBN)

'They're scared': Foreign investors nervous over GV Hospital
(DBN)

Health Care's Happy Times Have an Expiration Date
(DBN)

Former Louisiana Heart Hospital to become post-acute care center
(DBN)

Even if the Senate healthcare bill passes, it's headed straight for a wall Health Bill provision favors states that didn’t expand Medicaid Trump Starts to Jawbone Possible Republican Health-Bill Holdouts Health-Care Bill Puts Senate in Uncharted Waters Those Moderates Are Screwing Up Health-Care Reform Koch Group Critical of Senate TrumpCare Bill
(DBN)

Trump's Previous Promises on Health Care
(DBN)

Health Insurers Concerned by ‘Dramatic’ Medicaid Cuts in Bill
(DBN)

Consumer Issues Stemming From the GOP Health Care Initiative
(DBN)

Bowie Hospital Authority dissolved
(DBN)

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Sovereigns:

From Papua New Guinea to Argentina, Bond Risks Are Going on a World Tour
(DBN)

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UK:

U.K. Stocks Struggling a Year After Brexit Vote Traders Are Staying Short on the U.K. a Year After Brexit
(DBN)

ECB Raises Brexit Heat With Bid for Power Over Euro Clearing
(DBN)

Britain’s Financial Power Is Already Seeping Away
(DBN)

UK Finds 34 High-rise Apartment Buildings With Unsafe Siding
(DBN)

£407m debtor Kevin Maxwell faces bankruptcy for a SECOND time
(DBN)

Co-op Bank no longer for sale as £750m rescue for stricken lender nears completion
(DBN)

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EU:

New rules facilitating cross-border insolvency proceedings enters into force today
(DBN)

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PIIGS:

ECB: 2 troubled Italian banks failing, to face insolvency PM 'confirms guarantee' for savers as troubled Italian banks face insolvency ECB confirms two struggling Italian banks will close Bonds in two rescued Italian banks surge
(DBN)

Europe's Banking Union Is Dying in Italy
(DBN)

Italy to Shield Senior Creditors in Liquidating Veneto Banks
(DBN)

Just €6.25m is recovered in David Drumm bankruptcy
(DBN)

If Poland Can Fix Tax Fraud, So Can Greece
(DBN)

Greece struggles to execute public home auctions Greece Takes Home Foreclosures Online to Avoid Protests
(DBN)

Greek government praises deal with creditors
(DBN)

Moody's raises Greece's sovereign bond rating after bailout Moody's upgrade sends Greek bonds to strongest level since crisis
(DBN)

Rubbish piles raise health fears in strike-hit Greece
(DBN)

An IMF bridge to somewhere for Greece?
(DBN)

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Thailand:

Bankruptcy warning for Sino-Thai high-speed rail project
(DBN)

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India:

Insolvency proceedings for stressed accounts may lead to consolidation in the steel sector
(DBN)

IBBI does quality check on insolvency professionals
(DBN)

RBI asks banks to keep higher provisions against bankruptcy court cases: report
(DBN)

Insolvency: Eight Down, Fate Of Four Hangs In Balance
(DBN)

The clean-up begins: On RBI's move against 12 borrowers
(DBN)

India's Bankruptcy Law Starts To Bite - Bushan Power And Steel
(DBN)

SBI-led lenders to offer prescription to Essar Steel, Bhushan Steel, Electrosteel; refer them to bankruptcy court
(DBN)

Amtek Auto’s Managing Director Resigns As Insolvency Looms Debt ridden Amtek re-appoints former MD John Flintham as president
(DBN)

What to do with defaulting firms’ shares?
(DBN)

180 days too long to resolve insolvency cases: Bankruptcy board chief Sahoo
(DBN)

Still on a learning curve with bankruptcy: S M Sahoo
(DBN)

81 companies want to be declared bankrupt
(DBN)

Will Bankruptcy Law Drive Sick Indian Industries to Overseas Hands ?
(DBN)

“Existence Of A Dispute” Under The Insolvency And Bankruptcy Code Clarified By The NCLAT.RBI sends 25% of India’s Non-performing Loans To The Insolvency And Bankruptcy Code, 2016
(DBN)

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MENA:

Qatar's Neighbors Issue Steep List of Demands to End Crisis Qatar Seen Rejecting List of Severe Demands to End Gulf Crisis Saudi Demands of Qatar Test for Tillerson’s Gulf Strategy Qatar: Arab Demands Not Realistic
(DBN)

Qatar Airways Has No Trump Card
(DBN)

Dubai’s Judicial Tribunal issues new judgments, complicating dispute resolution
(DBN)

Declaring Bankruptcy in Oman: What to Expect
(DBN)

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Australia:

Ten prepares to face its creditors Creditors meet on Ten Network's future Ten's billionaires step in with more funding, while ordinary shareholders left with 'no value' Ten 'has cash to continue': administrator
(DBN)

Booming household debt has a sting in the tail Wage Woes May Leave Australians Struggling to Make Ends Meet
(DBN)

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China:

Xi Jinping's war on the 'financial crocodiles' gathers pace
(DBN)

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Brazil:

Brazil's Oi unveils plan to repay small creditors
(DBN)

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Mozambique:

Mozambique Debt Probe Sees $500 Million in Unexplained Loans
(DBN)

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