March 17, 2017

The Daily Bankruptcy News

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Law:

Donald Trump’s Favorite Law Firm
(DBN)

Greenberg Traurig Elevates Bankruptcy Attorney in New York Office
(DBN)

Tech planning is the key to success
(DBN)

How Law Firms Evaluate Technology? A Conversation with Reed Smith's Director of Practice Support, Bryon Bratcher
(DBN)

Duane Morris Grows Revenue 4.6 Percent, PPP 4.4 Percent
(DBN)

March Madness Law School Bracket
(DBN)

Lawyers for Dewey Defendants Question Prosecutors' Deal with Key Witness
(DBN)

This Is Why There’s A Lack Of Asian-American Women Biglaw Partners
(DBN)

Can data help lawyers earn more money?
(DBN)

The Oxford Comma: You Should Use It
(DBN)

Volkswagen accuses Hagens Berman lawyer of double counting his hours
(DBN)

Firm chooses seven tech startups to receive free legal advice
(DBN)

Former BigLaw partner is convicted of insider trading
(DBN)

Law firms can be soft targets for hackers, say cybersecurity experts
(DBN)

Maryland federal judge blocks part of Trump’s revised travel ban Hawaii federal court blocks revised travel ban nationwide; Trump vows to appeal Real Drama for Travel Ban Will Be at Appeals Court Halt to Travel Ban Called Overreach in Circuit Judges' Dissent Trump’s Own Words to CNN Come Back to Bite Him With Travel Ban in Court The judiciary should not abandon its traditional role simply because the president has abandoned his Five Ninth Circuit Judges File Rare Dissent Rebuking The Panel In Immigration Ruling The Revolt of the Judges: What Happens When the Judiciary Doesn’t Trust the President’s Oath
(DBN)

Bill Allows Mentally Ill Veterans to Buy Guns
(DBN)

7 unprofessional email habits that make everyone hate you
(DBN)

Legal Writing With Style: 3 Easy Ways to Clean Up Your Document
(DBN)

Leave Texting To Your Friends And Family, Not Your Lawyer
(DBN)

27 States Have Adopted Ethical Duty of Technology Competence
(DBN)

Make Time For Face Time
(DBN)

How to market on a budget
(DBN)

Can you wear leggings to the office? A fashion expert lays down the law
(DBN)

How To Manage New Attorneys At Your Law Firm
(DBN)

A 3-step formula for a great elevator pitch
(DBN)

Power Niche Marketing: The First Power Niche Marketing Lesson
(DBN)

Why Do Bully Bosses Bully Their Stars – And Redheads?
(DBN)

Legal Startup Appears To Shut Down After I Question Its Management
(DBN)

Ousted Obama U.S. Attorneys Had To Go
(DBN)

The White House begins identifying possible successors to Preet Bharara as U.S. attorney
(DBN)

Michigan Law Is A Nice Place To Wind Up When You Suddenly Find Yourself Out Of A Job
(DBN)

German prosecutors search offices of Jones Day, firm hired by Volkswagen for internal probe VW Slams Prosecutors’ Raid of U.S. Law Firm Amid Scandal Probe
(DBN)

Trump to Cut Legal Aid, Lawyers Doubt Congress Will Approve
(DBN)

Police Called After Cooler Full of Pot Found Donated to Goodwill
(DBN)

White House Proposes $1 Billion Cut to DOJ Funding
(DBN)

Alabama could eliminate marriage licenses to avoid having to sign same-sex marriage certificates
(DBN)

‘Billions’ Returns For Its Enjoyable And Surprisingly Newsworthy Second Season
(DBN)

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Judges:

Supreme Court nominee Neil Gorsuch's view on Second Amendment is a judicial mystery The Upside To The Gorsuch Nomination The doctrine sure to emerge in Gorsuch hearings A Time to Choose for the Supreme Court Gorsuch Has Strong Tie to Proponent of Morality-Based 'Natural Law'
(DBN)

Alito sees hostility toward those with traditional moral beliefs
(DBN)

Judge Pleaded Guilty to Charges He Offered Federal Agent Two Cases of Bud Light to Get Wife’s Text Messages
(DBN)

In apparent reference to Trump, five dissenting 9th Circuit judges criticize attacks on judiciary
(DBN)

The Dangerous Precedent Set by Judicial Attacks on Trump's Travel Ban
(DBN)

This Judicial Citation To ‘Cheers’ Will Make Your Day
(DBN)

All Falling Faiths: An Interview With Judge J. Harvie Wilkinson III
(DBN)

Trump Attacks on 9th Circuit Spark Debate at Breakup Hearing 9th Circ. Gets Frankencourt Treatment in House 9th Circuit judges to Congress: Leave us alone
(DBN)

Chief Justice Roberts Considers the Case of Tom Sawyer
(DBN)

CA Chief Justice to Sessions: ICE Agents Should Stop Stalking Undocumented Immigrants at Court
(DBN)

1st Cir. BAP Seeks Clerk
(DBN)

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Wall Street:

US stocks set to trim weekly gain as G-20 summit kicks off
(DBN)

Stocks close mostly lower – health care, utilities lag
(DBN)

Bonus Watch ’16: Enjoy Your Crumbs
(DBN)

Why rising stock ownership by U.S. households may be a bad omen
(DBN)

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Layoffs:

Oracle co-CEO says cloud won't cause mass IT layoffs
(DBN)

200,000 Federal Jobs Could be Lost
(DBN)

MS: UMMC announces 195 layoffs
(DBN)

Hanford contractors plan to cut up to 300 jobs
(DBN)

Firing federal workers isn’t as easy as Trump makes it seem in his budget
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Politics:

Tucker Carlson grills Trump on wiretapping tweets: 'Why not gather evidence' yourself? 'The president has no facts' Paul Ryan backs House committee: 'No such wiretap existed,' as Trump claims Sean Spicer angrily defends Trump's wiretap claims in wild, contentious press briefing Tweet, But Verify The 'Very Strange' Item on Trump's 1040: Alternative Minimum Tax Mike Flynn Worked for Other Russian Companies Besides RT: documents Mike Flynn was paid by Russia's top cybersecurity firm while he still had top-secret security clearance Trump’s defense of his wiretapping claim is an incredible word salad Trump Says His Wiretapping Claim Stemmed From News Reports: 'I'd Been Reading About Things' McDonald’s repeals and replaces anti-Trump post on its Twitter account
(DBN)

Icahn Lobbies for Changes That Benefit Him
(DBN)

Goldman's Blankfein: We Like Running Gov't
(DBN)

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Retailing:

One of Macy's largest threats is getting even bigger
(DBN)

Retail sector bankruptcy risk at the highest level since the Great Recession
(DBN)

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Solar:

Sungevity Gets Interim Approval to Tap Portion of $20MM Post-Petition Facility
(DBN)

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Student Debt:

Who’s to Blame for the Rise in Student Loan Debt and Defaults?
(DBN)

More Than Half Of Parents Who Cosigned Student Loans Struggle Financially
(DBN)

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Economy:

Fewer Americans Filed Claims Last Week for Jobless Benefits Weekly Initial Unemployment Claims decrease to 241,000
(DBN)

BLS: Job Openings "little changed" in January
(DBN)

WSJ Survey of Economists Sees Growth Climbing in 2017 and 2018, Then Dissipating
(DBN)

A Strong Dollar Isn't That Great for America
(DBN)

The Lone Dissenter From the Fed’s Rate Move Is Worried About Inequality
(DBN)

Year-over-Year Change to U.S. Inflation Since 1990
(DBN)

Philly Fed: Manufacturing "Expansion Continues" in March
(DBN)

Goldman's Hatzius: The Fed's going to hike rates more than the market thinks
(DBN)

The Fed's latest rate hike will hit your wallet soon Fed rate hikes + low growth = recession, says stock-market strategist
(DBN)

The Fed is not buying one of Trump's biggest economic promises
(DBN)

Philly Fed Index Indicates Slower Growth In March
(DBN)

Trump: 'I want to cut the hell out of taxes'
(DBN)

More workers quitting — a good sign for the economy Americans are quitting jobs at the fastest pace in 16 years
(DBN)

Apple , Google, Facebook skip legal challenge to new travel ban
(DBN)

Trump budget meets early resistance Ryan Noncommittal on Trump’s Budget Request Why Sequestration Is Poised to Kill Trump's Budget Trump’s bumper sticker budget won’t play well with Congress Measuring Trump's Budget Against Past Spending Donald Trump's first budget outline, explained Budget to Hit Rural America and Farmers Here's what Trump's budget proposes to cut Trump budget slashes heat assistance for struggling families, saying it's a 'lower-impact program' If you’re a poor person in America, Trump’s budget is not for you Trump should have made even deeper cuts in D.C.’s bloated budget Republicans Push Back on Some of Trump's Proposed Budget Cuts Here are the winners and losers in Trump's first budget plan Trump Budget's Deepest Cuts: Which Agencies Would Be Eliminated Trump is about to take a sledgehammer to NPR NASA may take a $400 million hit under Trump's proposed budget Trump Administration Proposes Big Cuts In Medical Research Trump's federal budget would eliminate dozens of agencies and programs Trump administration wants to divert infrastructure funds to its own construction plans Trump budget eliminates Legal Services Corp. funding Trump’s budget is everything scientists have been fearing Tillerson Defends State Department Cuts We've already tried budgeting Trump's way and it was a huge failure This government loan program helped Tesla at a critical time. Trump wants to cut it. No. 2 House Democrat says Trump's budget blueprint is a 'hatchet job' that's DOA Mike Pence Loves Public Broadcasting Budget: Public Broadcasting Fears Collapse It’s too easy to say Trump budget works against Trump voters President Trump's 'Hard Power' Budget Trump Wants Historic Cuts to Government Trump’s HUD budget cuts 42-year-old community assistance program HUD Sec Ben Carson champions program Trump budget aims to kill Trump's slash-and-burn budget could hit his own political base the hardest Trump’s budget is a disaster for transit Brought to You By the Trump Budget: Endless PBS Pledge Drives Trump's budget shows he is getting ready to fight Americans for their land on the border These budget cuts could be politically costly for the Trump administration The 19 Independent Agencies Trump Wants to Eliminate Trump budget would slash cleanup of hazardous waste sites by 30 percent How Trump’s budget proposals could impact women Did Trump’s Budget Chief Really Say Cutting Meals Programs Is ‘Compassionate’? Meals on Wheels is ‘not showing any results’ only if you ignore all these results
(DBN)

What America would look like under the Trump budget
(DBN)

White House Budget Chief: Trump 'absolutely going to keep' promises on Social Security, Medicare
(DBN)

The blueprint for Trump’s wall
(DBN)

This program has been saving working-class jobs for 30 years. Now it’s in big trouble
(DBN)

Trump's 'America First' infrastructure plan may need a lot of foreign help
(DBN)

Trump’s climate skepticism could be the biggest threat to US national security WH calls climate change efforts waste of money
(DBN)

Steve Bannon's Preposterous 'Rosebud' Moment
(DBN)

LA area Port Traffic declined in February
(DBN)

Christine Lagarde Has Faith In Donald Trump
(DBN)

Treasury's Mnuchin says Trump does not want trade wars
(DBN)

Immigrants don’t make up a majority of workers in any U.S. industry
(DBN)

US Electric Grid to Cost $5 Trillion to Update
(DBN)

Immigrants canceling Food Stamps, Fear of being Deported
(DBN)

Minimum wage hikes are causing businesses to cut jobs
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Mortgage rates pushed to their highest levels since December
(DBN)

Housing Starts Rise to 10-Year High US housing starts total 1.29M in Feb vs. 1.26M starts expected US housing starts boosted by warmer weather; building Housing Starts in U.S. Climbed to Four-Month High in February Comments on February Housing Starts Housing Starts increased to 1.288 Million Annual Rate in February
(DBN)

Early Read on Existing Home Sales in February
(DBN)

13 things that will trash your home's value
(DBN)

Here's why Goldman Sachs is snatching up delinquent mortgages
(DBN)

Bankrupt Norristown strip mall sold at auction for $1.6M
(DBN)

Here's what Ben Carson thinks about the proposed $6.2 billion HUD budget cut
(DBN)

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Municipalities:

Detroit's recovery is not benefiting the majority of residents, says study
(DBN)

Texas Spent $4.4 Billion Luring Corporations That Were Coming Anyway
(DBN)

Millbury could go bankrupt in near future
(DBN)

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Oil/Gas:

District Court Upholds Bankruptcy Court’s Ruling on Rejection of Gathering Agreements District Court Upholds Controversial Bankruptcy Decision in Sabine
(DBN)

Trump Ends Fracking Rules on Public Lands
(DBN)

Oil edges lower despite weak dollar as US stockpiles remain high Oil Wobbles As OPEC Deal Comes Under Scrutiny
(DBN)

Saudi oil minister says exporters should 'accelerate' learning and 'get on board fully' with output cuts
(DBN)

Wall Street Bullish On Oil Prices Despite Saudi Warnings
(DBN)

U.S. Shale Is Pushing OPEC To Breaking Point
(DBN)

The oil rig count shows the shale bust isn't over yet
(DBN)

Bankrupt Bonanza Creek reports bigger Q4 loss
(DBN)

Diamond Offshore gets financial reprieve from Brazilian court
(DBN)

Pacific Drilling Might See Some Of Its Current Equity Survive
(DBN)

Houston energy co. wins midstream assets in bankruptcy auction
(DBN)

Wall Street keeps faith in oil recovery
(DBN)

Oil Traders Have Lots of Reasons to Be Bullish It’s time to be bullish about oil prices and oil stocks
(DBN)

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Retailing:

Struggling retailer HHGregg calls off deal with potential buyer
(DBN)

Williams - Sonoma Shares Remain A Sell Following Lackluster Outlook
(DBN)

Weathering The Retail Storm
(DBN)

Here Are The 365 Stores RadioShack Wants To Close Next
(DBN)

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Banking:

All Those Cash Bonuses Wells Fargo Yanked From Execs Magically Turned Into Stock Awards Ex-Wells Fargo exec's $53 million in stock options is likely to be clawed back
(DBN)

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Pharma:

Valeant Bears Betting On Bankruptcy Are On Thin Ice
(DBN)

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Waste:

Houston plastics recycler enters Chapter 11 bankruptcy
(DBN)

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New Bankruptcy Opinions
(4 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (14 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (148 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:

Retailers Picking Up Where O&G Companies Left Off
(DBN)

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Bankruptcy Fees:

Bankruptcy Filing and Quarterly Fees To Increase Under Trump Budget (scroll down to "Justice") From page 30 of the budget:
(DBN)

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Family Law:

Divorce Court Can't Decide What Obligations Survive Bankruptcy
(DBN)

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Ch. 13:

Incarcerated Man Not Eligible for Chapter 13 Bankruptcy
(DBN)

Do ‘No Money Down’ Bankruptcies Help or Hurt Debtors?
(DBN)

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Committees:

Creditors ' Committee Members Are Protected by the Barton Doctrine
(DBN)

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Sovereign Immunity:

Tribal Sovereign Immunity Bars Preference Claims Against Casinos Subject to Recoupment Rights
(DBN)

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Mediation:

Mediator Neutrality: An “I believe . . . ” Test
(DBN)

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Avoidance Actions:

Preferential Transfer Governed by Date Garnished Wages Earned
(DBN)

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Property of the Estate:

Wells Fargo’s Sale of Marital Home a Day After Wife filed Chapter 13 did Not Violate Stay since she had “No Protecable Interest” in Home
(DBN)

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Tax:

IRS Opposes Granting of Certiorari in Cases Addressing Definition of Return
(DBN)

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Trustees:

Ch. 7 Trustees Sought In MD TN and WD KY
(DBN)

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Finance:

Settlements, Subordination and Syndicated Debt: Recent Noteworthy Bankruptcy Decisions
(DBN)

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Mass Torts:

GM sues asbestos trusts over payments to former employee’s widow
(DBN)

Questionable Texas law firm pockets millions from Lac-Mégantic compensation fund
(DBN)

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Nuclear:

Toshiba Needs to Contain Its Nuclear Problems Toshiba could receive Japanese public funding to save it from exploring bankruptcy
(DBN)

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Bankruptcy Reform:

CLLA Pursues Legislative Goals on Capital Hill
(DBN)

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Bankruptcy Crimes:

Ex-attorney from Winter Haven pleads guilty to bankruptcy fraud
(DBN)

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Healthcare:

House GOP health bill facing fresh House committee test Health Care Repeal Clears Another Hurdle Nervous GOP senators rooting for Ryan to fail 'If we're not going to take care of the people, I'm not signing anything': Trump says GOP healthcare bill still up for negotiation What's really at stake in the right's bitter fight over Trumpcare GOP Health Plan Risks Sticker Shock for Trump's Base Trump to Tucker Carlson: “I know” counties that voted for me will lose under the Republican health plan Giving Birth Could Bankrupt Women Under GOP's Health Plan Trump's Health Chief Fails to Convince Patients They'll Get the Care They Need Let it die? How the GOP could just wait for Obamacare to 'collapse.' Why the GOP health plan will make health insurance more expensive How Republicans Got Trapped by Their Health Care Promises Members of Congress on Obamacare Too Obamacare Isn't Going to Fix Itself
(DBN)

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Health & Beauty:

Tanning Salons See Ray of Hope in ACA Tax Repeal
(DBN)

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Marijuana:

Jeff Sessions wants to revive Nancy Reagan’s “Just Say No” campaign with a renewed focus on weed Jeff Sessions is not wrong about addiction, but evidence says heroin is still more dangerous than pot
(DBN)

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Coal:

U.S. coal miner Peabody strikes deals in push for bankruptcy exit
(DBN)

Top U.S. coal miner Peabody eyes bankruptcy exit in April
(DBN)

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Radio:

IHeartMedia debt downgraded after latest bond exchange
(DBN)

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PIIGS:

Creditors and Greece "wide apart" on bailout review- euro zone official
(DBN)

IMF under pressure in Washington over Greek bailout
(DBN)

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Canada:

Set-Off by Tax Authorities Involving Pre-Filing and Post-Bankruptcy Claims: the Court of Appeal Rules
(DBN)

Alberta, Canada's C$10.3 billion budget deficit higher than forecast
(DBN)

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Singapore:

Singapore’s proposed Chapter 11 law reform is ‘positive’ for offshore: AlixPartners Singapore enacts key restructuring law reforms
(DBN)

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Japan:

Toshiba offers new collateral amid criticism from creditors
(DBN)

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China:

Mounting Costs, Not PBOC, Could Slow China's Bank Debt Binge
(DBN)

Evergrande's Bad Debt Tradition
(DBN)

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India:

Startups just can't log off and down shutters in India
(DBN)

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