March 13, 2017

The Daily Bankruptcy News

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Law:

Layoff Watch: 60 Positions Across 22 U.S. Offices
(DBN)

Bigger Bonuses? Lower Hours Requirements? Is This 2017?
(DBN)

Big Law Heads Home - But Will It Work For You?
(DBN)

Am I Underpaid?
(DBN)

The Law’s Emotion Problem
(DBN)

Are lawyers with foreign law degrees at a competitive disadvantage in the U.S. job market?
(DBN)

Dewey & LeBoeuf Witness Describes Tightening Noose as Audits Loomed
(DBN)

Two GrayRobinson Bankruptcy Partners Jump to Broad and Cassel
(DBN)

Two GrayRobinson Bankruptcy Partners Jump to Broad and Cassel
(DBN)

Saul Ewing Revenue Down 1.6 Percent, PPP Down 5.6 Percent
(DBN)

O'Melveny & Myers Reports Strong Revenue and Income Growth in 2016
(DBN)

Is Your Firm's Partner Comp Spread Too Narrow?
(DBN)

DLA Piper's Revenue Falls on Post-Brexit Currency Slump, but New Approach Sees Profits Rise
(DBN)

Here's Why It Just Got Easier to Apply to Harvard Law
(DBN)

Arizona Summit law school to affiliate with historically black college Arizona Summit Law School Affiliates With Bethune-Cookman University To Diversity Legal Profession Despite 25% Bar Pass Rate Arizona Summit: Now Counting On Black People Not Knowing How To Use Google
(DBN)

Settlement Finalized In University Of Houston And South Texas Houston Law Schools Trademark Dispute; Houston Astros Are On Deck
(DBN)

Penn law school gets $2.2 million from Koch family foundation
(DBN)

Pittsburgh Law Dean Boycotts Local TV Station That Refused To Allow Muslim Law Prof To Participate In Panel Discussion Of President Trump's Travel Ban
(DBN)

A lawyer named Amal Clooney gave a powerful speech at the U.N. Some only saw her baby bump
(DBN)

Thirteen tips for success from leading female partners
(DBN)

More Companies Consolidate Outside Legal Work
(DBN)

You Are Not Alone In Your Hatred Of The Biglaw Life
(DBN)

Linklaters launches AI data analysis tool
(DBN)

‘Moaning millennials’?
(DBN)

Will the GOP Finally Crush Class Actions? House passes two class-action reform bills Why Lit Funders Didn't Lobby to Stop Class Action Bill U.S. Chamber Applauds House Passage of Class Action Litigation and Asbestos Trust Transparency Bill
(DBN)

Attorney General Seeks Resignations of 46 US Attorneys Flashback: Sessions Got 'Suddenly' Booted by Clinton's Attorney General Janet Reno in 1993 The Department of Justice just asked the 'sheriff of Wall Street' to resign after Trump asked him to stay on Trump's Clash With Justice Department Sparks `You're Fired' Fired U.S. Attorney’s Coy Tweet Sparks Suspicion That He Was Investigating Trump Sessions requests resignations of 46 US attorneys; Preet Bharara fired after refusing to step down Now-fired Preet Bharara boasts of 'absolute independence' White House explains controversial, rule-bending attempt by Trump to call rock star prosecutor days before he fired him When It Comes to Wall Street, Preet Bharara Is No Hero The Real Reason Bharara Would Want Trump to Fire Him Bharara refused to call back Trump a day before he was fired: report Abrupt layoffs leave US attorneys scrambling
(DBN)

Heads of over 150 law firms warn Trump administration against defunding Legal Services Corp.
(DBN)

Is 'legal innovation' an oxymoron?
(DBN)

A look at legal issues with Trump's revised travel ban Seattle judge leaves open key immigration issue Challenge to Trump immigration order speeds up in Maryland At Hogan, Trump Travel Ban Led to Dash Against the Clock
(DBN)

Guy Who Never Even Got A Cup Of Coffee Could Cost MLB Owners Much, Much More
(DBN)

The BATNA Mobile: The Importance Of Knowing Your (And Your Adversary’s) Strengths And Weaknesses
(DBN)

Sessions tells prosecutors to toughen up on worst criminals
(DBN)

ACLU files ethics complaint against Jeff Sessions over his Russia testimony
(DBN)

State agency raids DA’s office following whistleblower suit alleging job scam for wife
(DBN)

How To Increase Transparency With Your Clients
(DBN)

Someone Has To Play The Bad Guy
(DBN)

How Lawyers Should Use Social Media in 2017
(DBN)

Sex between lawyer and client: State Bar sets narrow limits
(DBN)

Uber Deal Giving Drivers $1 Each Fails to Win Over Judge Sparks Feud Among Rival Lawyers
(DBN)

Lying cop doesn't know Uber driver is actually a lawyer
(DBN)

Man Caught With $164k Worth of Drugs ‘Busting Out’ of Tightly Fitting Pants at JFK
(DBN)

New footage of Michael Brown raises questions about his death in Ferguson that led to national uproar
(DBN)

Get Out of My Country: Oregon Edition Get Out of My Country: Florida Edition
(DBN)

New bill takes aim at men's m----------- habits
(DBN)

New Hampshire Keeps Child Marriage on Books
(DBN)

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Judges:

Federal Judge Uses Pop Culture In Pithy Dissent
(DBN)

Supreme Court Cancels Justice O’Connor’s Workout
(DBN)

American Bar Association gives Trump's pick for the Supreme Court its highest rating Democrats Who Support Neil Gorsuch Will Pay A Price, Progressive Groups Warn Gorsuch's Adherence to Originalism Should Keep Him From SCOTUS
(DBN)

Settlement Talks ‘Productive’ in PACER Fees Class Action
(DBN)

Your Behaviour Is That of a Lunatic, Your Honor
(DBN)

KS: Public Notice for Reappointment of Incumbent Bankruptcy Judge
(DBN)

Ginsburg shares stage with performers as opera meets the law
(DBN)

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Wall Street:

Wall Street stocks set for a cautious start as Fed meeting looms
(DBN)

US stocks close higher on February jobs report
(DBN)

Stocks don't like it when oil drops below $50
(DBN)

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Layoffs:

Robots aren't destroying middle-class jobs yet — just doing all our boring paperwork
(DBN)

Trump budget expected to seek historic contraction of federal workforce
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Politics:

House committee wants evidence for Trump's wiretap claim Top Trump confidante admits to speaking privately with an alleged Russian cyberspy White House Says Trump Didn’t Know Flynn Was to Register as Foreign Agent McCain On Russia: 'There's a lot more shoes to drop from this centipede' Trump Team's Big Fibs McCain to Trump: Produce Evidence or Retract Wiretap Claim
(DBN)

Trump Said to Weigh Political Risks of Firing CFPB's Cordray
(DBN)

Michael Flynn Apparently Paid Retired-FBI Agent Embroiled in Clinton Email Scandal
(DBN)

Bill Clinton's Dire Warning
(DBN)

Issa Faces Tough Crowed at Calif. Town Hall
(DBN)

Mark Cuban calls Trump ‘the Zoolander president,’ won’t rule out running
(DBN)

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Travel:

Here's a guide to how much legroom you get on America's airlines
(DBN)

Hawaiian Airlines Diverts Plane After Passenger Becomes Irate Over Being Charged $12 For A Blanket
(DBN)

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Personal Finance:

13 interview deal-breakers that drive HR experts crazy
(DBN)

Making your own caffè latte every morning could save you $337,942 over your lifetime
(DBN)

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Autos:

VW pleads guilty in diesel emissions case as part of $4.3 billion settlement
(DBN)

VW calls out plaintiffs' firm for dubious billing in emissions case
(DBN)

Nissan, Ford, BMW Sue Takata Over Faulty Airbag Losses
(DBN)

The Electric Car Rush Started Too Early
(DBN)

Dropping auto mileage rules would be a catastrophe
(DBN)

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Banking:

Wells Fargo Takes Catholic Church Approach To Cleaning House
(DBN)

TD Falls on Reports Tellers Were Pressured to Hit Sales Targets
(DBN)

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Agriculture:

McM lists $49.7 million in debts, $10.3 million in assets as it files bankruptcy
(DBN)

Turner official cleared, attorney says
(DBN)

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Economy:

February Employment Report: 235,000 Jobs, 4.7% Unemployment Rate America's Labor Market Is Getting Better by Almost Any Measure U.S. job growth seen strong in February; wages to rebound The Animal Spirits in the Jobs Report
(DBN)

Don't panic about Fed rate hikes just yet
(DBN)

Review of FOMC Projections
(DBN)

For a Return to the 'Old Normal,' Real Rates Must Tick Higher
(DBN)

Fed may have to accelerate rate rises to accommodate Trump policies: ECB's Visco
(DBN)

What Could Spook the Fed?
(DBN)

US interest rate rise to deepen debt crisis in developing world
(DBN)

Most Optimistic About Trump Economy
(DBN)

U.S. Household Net Worth Reaches Record $92.8 Trillion
(DBN)

Clock Starts Ticking on Possible Treasury Debt Ceiling Crisis What's the debt limit and why is Congress about to raise it again?
(DBN)

Monthly average earnings per hour of all employees in the United States in February 2017, by industry
(DBN)

Fed: Nowcast stands at 3.2% for 2017:Q1 and 3.0% for 2017:Q2
(DBN)

Trump's Debt Uncertainty Builds Bond Yield Fear
(DBN)

When it comes to corporate tax reform, the GOP may be on to something. Really.
(DBN)

Border Tax Would Hurt U.S. Energy, Steel and Autos, Trudeau Says
(DBN)

U.S. to Alert Congress in Coming Weeks on NAFTA Talks, Ross Says NAFTA Negotiations Now This Summer?
(DBN)

OECD: There are 4 big risks facing the world economy
(DBN)

Goldman: FOMC Preview Merrill on the March FOMC Meeting
(DBN)

America's debt problem is going the way of Italy
(DBN)

Trump’s head-spinning shift on the economy has left his supporters behind 19 times Trump called jobs numbers ‘fake’ before they made him look good The Obama recovery is about to make Trump look good
(DBN)

Public and Private Sector Payroll Jobs: Carter, Reagan, Bush, Clinton, Bush, Obama, Trump
(DBN)

Undocumented and paying taxes, they seek a foothold in the American Dream
(DBN)

Executive says white men are an ‘endangered species’ in the boardroom Tesco Chairman Regrets Saying White Men on Boards Are Endangered
(DBN)

Why the Math Doesn’t Add Up on Trump Infrastructure Plan
(DBN)

GOP Senators Say August Deadline for Tax Plan May Be Unrealistic
(DBN)

The 35 Percent Corporate Tax Myth: Corporate Tax Avoidance By Fortune 500 Companies, 2008 To 2015
(DBN)

Trump economic adviser: Fed doing 'good job,' respects independence
(DBN)

Made-in-Mexico Lego Ignores Trump Trade Threat for Now, CEO Says
(DBN)

Merkel to Warn Trump That U.S. Tax Changes May Spark Retaliation
(DBN)

Mnuchin to Focus on Currencies as G-20 Girds for Trump Era Trump aide, top Republican staffers, BlackRock exec among Mnuchin's top staff at Treasury
(DBN)

Proof Daylight Saving Time Is Dumb, Dangerous, and Costly
(DBN)

'Glass House' Chronicles the Effects Of Vulture Capitalism on Middle America
(DBN)

The Remarkable Steadiness of Federal Employment
(DBN)

Trump’s Pledge to Erase National Debt Faces Critics
(DBN)

How Baby Boomers Have Destroyed America
(DBN)

Central banks are taking off the market’s training wheels
(DBN)

The 9 countries with the best up and coming economies in the world
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Here’s how HUD’s possible $6B cut could affect housing
(DBN)

Bankruptcy of hhgregg makes retail property loans riskier
(DBN)

Crazy-high rent, record-low homeownership, and overcrowding: California has a plan to solve the housing crisis, but not without a fight
(DBN)

What If McMansions Ruled the World?
(DBN)

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Municipalities:

In crafting plan to lift Puerto Rico , first look closely at Greece's woes
(DBN)

Puerto Rico to roll out revamped fiscal turnaround plan Saturday Puerto Rico governor ups revenue forecast in revised fiscal plan
(DBN)

Puerto Rico's debt plan faces scrutiny
(DBN)

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Oil/Gas:

Saudis Are Right Back Where They Started
(DBN)

Oil's Plunge Below $50 Sends Options Trading Into a Frenzy Oil Caps Worst Week Since November as U.S. Supply Glut Expands
(DBN)

Junk-Bond Buyers Wake Up to Crude Reality After Year of Euphoria
(DBN)

U.S. oil and gas rig count climbs by 12 Baker Hughes: US Oil Rig Count Rises To Most Since Sept. 2015
(DBN)

Can Oil Supply Keep Up With Surging Demand?
(DBN)

Rise Of U.S. Shale Could Jeopardize OPEC Deal Extension
(DBN)

What’s In Store For U.S. Shale Oil?
(DBN)

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Retailing:

Gander Mountain files bankruptcy , closes stores Outdoor retailer Gander Mountain files bankruptcy , closing 32 stores Gander Mountain Chapter 11 bankruptcy filing triggers sensation
(DBN)

Gordmans reportedly to file for bankruptcy after long struggle
(DBN)

RadioShack, Staples plan scores of store closings RadioShack goes bankrupt again as Sprint tie-up fizzles Sprint is no savior; Radio Shack goes bankrupt again Brand bankruptcy: how RadioShack went from the Super Bowl to the toilet bowl What pushed Radio Shack into bankruptcy?
(DBN)

These 10 retailers are closing stores in 2017
(DBN)

How Trump's Vow To Protect Second Amendment Is Causing Turmoil for Outdoor Retailers
(DBN)

Sears Holdings: How To Save A Fish From Drowning
(DBN)

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Energy Storage:

Pennsylvania vows to recover money from bankrupt Pittsburgh battery maker
(DBN)

Debt Court Battle Pitches Battery Magnate Against GoldenTree
(DBN)

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Shipping:

What's up with those containers piled near the Midtown Tunnel? A shipping company's "graveyard"
(DBN)

Creditors in dilemma over additional assistance for cash-strapped Daewoo Shipbuilding
(DBN)

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Pensions:

Pension funds for nearly 1 million workers are on verge of collapse
(DBN)

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Accounting:

Oscar Mishap: When Your Accounting Firm Messes Up
(DBN)

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Mining:

Waterton Spurred Loan-Linked Gryphon Bankruptcy, Suit Claims
(DBN)

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Resorts:

Business 'pretty thriving" despite resort failure on remote South Carolina island
(DBN)

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Debt Collection:

Legislation to Repeal Collection Calls for Government Debt Introduced in 115th Congress
(DBN)

District Court Opinion Highlights Effect of Spokeo on FDCPA Claims
(DBN)

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Trucking:

Queens Planet Waste boss' bankruptcy claims has workers worried about future
(DBN)

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Education:

Inside Léman Manhattan Preparatory School, the New York City boarding school that costs more than Harvard
(DBN)

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Soler:

Skadden Basks in SunEdison's Bankruptcy Glow
(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 (21 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (18 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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Personal Bankruptcy:

‘A lot of people on the precipice,’ but bankruptcies drop again
(DBN)

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Sanctions:

U.S. House votes to put teeth back in Rule 11 sanctions
(DBN)

Round 2 in Sanctions Fight Against Penny-Paying Lawyer
(DBN)

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Insurance:

Creditor Exclusion: The Perils of D&O Coverage
(DBN)

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Cross-Border:

Foreign companies filing for bankruptcy in the United States are not exempt from enforcement of American sanctions regulations by the Office of Foreign Asset Control.
(DBN)

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Avoidance Actions:

6th Cir. Holds Bank Not ‘Transferee’ as to Ordinary Bank Deposits in Fraudulent Transfer Action
(DBN)

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Professional Compensation:

Delaware Bankruptcy Court Permits Attorneys’ Fees in Fee Defense, Distinguishing ASARCO and Boomerang Tube
(DBN)

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Subordination:

Pushed to the Bottom of the Pile: Subordinating Affiliate Securities Claims in Bankruptcy
(DBN)

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Exemptions:

Non-Filing Spouse Suffers Another Texas Homestead Loss
(DBN)

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Nuclear:

Toshiba’s Westinghouse Must Make Bankruptcy Decision Quickly
(DBN)

Toshiba in Chaos: $6.3-Billion Write-Down, Chairman Resigns, Bankruptcy Looms Westinghouse may push Toshiba loss to ¥1 trillion Toshiba seeking to extend Tuesday deadline for the third-quarter disclosure: sources
(DBN)

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Fraud:

Authorities: Lindemuth stored over 2,000 guns in storage facility with fraud case continuing
(DBN)

PwC accuses Corzine over MF Global run Jon Corzine Says He Had No Reason to Doubt PwC's Accounting for MF Global Corzine Blames 'Loss of Confidence' for MF Global Crash
(DBN)

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Bitcoin:

Bitcoin Is A Chaotic Bedlam Of Manipulation And Deceit And That’s Just The Way We Like It
(DBN)

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Student Debt:

Here's a New Reason to Worry About Student Debt
(DBN)

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Corporate Reform:

The Coming GOP Assault on Regulations
(DBN)

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Celebs:

12 outrageous quotes from ESPN's documentary on athletes going broke
(DBN)

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Media:

Gawker founder Nick Denton reflects on lawsuit that destroyed his company
(DBN)

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Healthcare:

GOP Leaders Looking Past Repeal Bill to Additional Health Reforms White House Pledges No One `Worse Off' in Obamacare Replacement Old, Poor Lost the Most with GOP Health Care GOP Leaders Reject Calls to Scrap Medicaid Expansion Sooner Rand Paul calls the GOP's Obamacare replacement 'dead on arrival' What's Inside the GOP Health Care Bill Here’s proof that the GOP health-care plan is driven by politics Trump aides attack nonpartisan agency that will analyze how much the GOP health care bill could cost The GOP’s Obamacare replacement is a disaster for some of its most loyal voters AARP Opposes GOP Healthcare Plan — Here's Why Expect the CBO to estimate large coverage losses from the GOP health care plan Insurer, Koch-Backed Lobby Group Unite Over Dislike of GOP Plan 'Trying to force a giraffe through a keyhole': An obscure Senate rule could kill the GOP's Obamacare replacement Democrats are trying to add a mountain of amendments to the GOP's Obamacare replacement Fact-Checking Elected Officials on the Affordable Care Act Repeal Pence Promises Kentucky Obamacare `Nightmare' About to End Why the Republican Health Care Plan is Destined to Fail Republicans Want to Make These 2 Monumental Changes to Medicare Republican senators wobble on House Obamacare plan Nearly 10% of the new GOP health plan is devoted to making sure lottery winners don't cheat the system
(DBN)

Better Price Information Could Reduce Health Care Spending
(DBN)

Young doctors can work 28 Hours Straight under New Rules
(DBN)

The Staggering Cost of Medical Waste
(DBN)

US Workers Who Decline Genetic Testing Could Face Penalties
(DBN)

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Food/Beverage:

Brim's wins bidding for Pure Foods assets
(DBN)

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UK:

British PM May Trigger Brexit on Tuesday A leaked report says leaving the EU without a deal would cause Britain a 'major economic shock' May Urged to Prepare for ‘Real’ Risk of a No-Deal Brexit What Comes Next as May Prepares to Trigger Brexit U.K.'s May Battles Party Rebels for Power to Trigger Brexit May Faces Tory Brexit Backlash Over Her ‘No Deal’ Threat EU Says It's Ready to Act on Brexit Letter Within 48 Hours May Hears Hard Truths About Brexit as EU Prepares for Talks Brexit is going to blow a £700 million hole in the government's tax haul Luxembourg's Wooing Is Working as Finance Firms Set Brexit Plans Stopping Parliament from Veto Over Brexit
(DBN)

US firm supplying three nuclear reactors for plant in Cumbria is feared bankrupt
(DBN)

Nick Candy had 'no issue' making one of his best friends bankrupt after a falling out
(DBN)

Citywing collapses in wake of Van Air prohibition
(DBN)

Rangers' seven-year tax saga will end this week in the Supreme Court
(DBN)

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PIIGS:

Latest Monte dei Paschi Plan: Amputate Bad Debt Without Anesthesia, Hope Bank Doesn’t Die Of Shock
(DBN)

ie: Wallace's Bill to cut time vulture funds have to pursue debt
(DBN)

IMF Said to Move Toward Greek Bailout Loan in Merkel Boost Lagarde repeats that Greek debt must be restructured Athens struggles with its creditors
(DBN)

Alitalia's Turnaround Strategy Is a Flop
(DBN)

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Canada:

You're twice as likely to live the American Dream in Canada
(DBN)

Canada Oil Dependence on U.S. Loosens in Age of Donald Trump
(DBN)

Canada Jobless Rate Falls to 2-Year Low Even as Wages Lag
(DBN)

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MENA:

Egypt’s new “restructuring, pre-insolvency conciliation, and bankruptcy” bill
(DBN)

Rescue and revive: new UAE bankruptcy law
(DBN)

Due to Iran's Uncertain Economic Situation, the Bankruptcy Rate Has Increased 700%
(DBN)

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China:

China’s debt spirals out of control
(DBN)

China Says Economy Showed Signs of Improvement in Start of Year
(DBN)

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Australia:

Western Australia's New Leader Weighed Down by Debt Millstone
(DBN)

Security interests and insolvencies: lessons for secured parties
(DBN)

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Japan:

Zombie Hordes: Thousands of Japanese Firms Dodging Bankruptcy
(DBN)

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Venezuela:

Bankruptcy and Non-Bankruptcy Options for PDVSA
(DBN)

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