March 23, 2017

The Daily Bankruptcy News

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Law:

Deutsche Bank will refuse to pay UK and European law firms for work done by junior attorneys Trendspotting? Major U.K. Client Refuses To Pay Junior Biglaw Attorneys
(DBN)

Associate Bonus Watch: It Ain’t Over Til It’s Over
(DBN)

Global Law Firms and Vereins: The End of the Affair?
(DBN)

Waller Elects Two Partners to Board of Directors

Would You Still Go To Law School?
(DBN)

Court reporters charge outrageous fees to reproduce trial transcripts. That’s bad for defendants, journalists, and democracy.
(DBN)

Charlotte Plans To Go Non-Profit While Still Paying Profits To InfiLaw Or Something
(DBN)

Dean Increases Rankings, Drama At Law School
(DBN)

Jones Day Responds To Critics With Standard Petulant Hissy Fit
(DBN)

Prosecutors Find Refuge in Law School Posts
(DBN)

University of Minnesota law professor indicted in fraud scheme
(DBN)

Experts say AI isn’t replacing lawyers, but it can make them more efficient
(DBN)

TX: House Committee Reviews Bill That Would Require Lawyers To Be Fingerprinted
(DBN)

Husch Blackwell Revenue Soars, Partner Profits Slip After Merger
(DBN)

Judge Disqualifies Kasowitz and DLA Piper in Contract Dispute, Citing Conflicts of Interest for Both Sides
(DBN)

How A Car Accident Helped Me Understand The Mindset Of Potential Clients
(DBN)

'A mandate to grow' - Linklaters litigation chief on the firm's plans to boost its disputes
(DBN)

LinkedIn wants you to sound like a genius when you walk into your next meeting
(DBN)

7 signs you're too smart for your job
(DBN)

8 things successful people do when they don't like someone
(DBN)

Wall Street’s Oldest Firm
(DBN)

Many American Muslims fear for their safety under Trump
(DBN)

Ethan Couch Still Wants Out of Jail
(DBN)

Lawyer Admits Mistake, Tells Client He Can 'Sue My Law Firm For Legal Malpractice'
(DBN)

Jury Says a GIF Is a ‘Deadly Weapon’ in Twitter Epilepsy Case
(DBN)

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Judges:

The Honorable Kevin J. Carey To Receive 2017 M&A Advisor Leadership Award
(DBN)

Gorsuch’s Rope-a-Dope Act With Democratic Senators Neil Gorsuch Is Not Another Scalia. He’s the Next John Roberts Gorsuch Is Allowed to Answer Questions. He Should Start 'Not My Finest Moment,' Gorsuch Says About Gitmo Letter Live blog of confirmation hearings, Day 3: Dems try to pin down Gorsuch on abortion, gay marriage Supreme Court Smacks 10th Circuit DURING Neil Gorsuch Confirmation Hearing Judge Gorsuch: Helping You Fill Out Your SCOTUS Bingo Card
(DBN)

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Wall Street:

Wall Street stocks lined up for cautious moves ahead of Yellen speech, health-care vote
(DBN)

Stocks close mixed ahead of key health-care vote; tech leads
(DBN)

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Layoffs:

Here's what the CEO of Deloitte told her 15-year-old son when he asked if robots will take away his job someday
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Politics:

Manafort's daughter: 'That money we have is blood money' Inside Paul Manafort's secret plan to 'greatly benefit the Putin Government' Trump's Former Campaign Chairman's Tight Ties to Putin Did Putin use Breitbart and Infowars to help Trump? The FBI wants to know The Secret Service requested $60 million of additional funding to protect the Trump family Trump’s Links To Convicted Felon Who Stabbed A Man With A Margarita Glass Just Got Weirder Just 3% of Trump Voters Regret Decision The Price of Protecting Trump Keeps Going Up House Intel Chair Says Intel Agencies May Have ‘Spied’ on Trump Nunes Under Fire for Spying Remarks FBI focusing on possible collusion between Trump team, Russians: report Schiff: 'More than circumstantial evidence' that Trump camp colluded with Russia US Foreign Intelligence Surveillance 'Unmasked' Trump Associates
(DBN)

Trump's SEC pick, an ex-Goldman lawyer, to face skepticism
(DBN)

 

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Fraud:

Two major US technology firms 'tricked out of $100m'
(DBN)

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Hollywood:

Netflix Ordered to Pay Relativity More Than $800,000 in Attorney's Fees
(DBN)

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Celebs:

Gawker Founder Nick Denton to Leave Bankruptcy
(DBN)

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Healthcare:

The GOP health-care bill could cost the average poor family benefits worth a third of their income Study finds GOP health bill shifts costs to older, poorer buyers Ryan's Legacy As Speaker On Line With Healthcare Vote Constituents and the GOP party brand put pressure on health care vote Has Trump Overplayed a Losing Hand in His First Legislative Test? Ex-supporter whose son OD’d says Trumpcare made him turn on the president The Tough Senate Math for the GOP Health Plan After Bashing Obamacare for High Deductibles, the GOP Has Crafted a Health Care Plan That Raises Deductibles If you're a millionaire, the AHCA gives you $50K. If you're poor, it costs you $1,420 There’s yet another tax benefit for the wealthy buried in the Republican health plan Republicans lied about healthcare for years, and they're about to get the punishment they deserve Will repealing Obamacare really kill 60,000 people? Spicer: There is no 'plan B' for healthcare if the GOP replacement bill fails Trump Tantrum looms on Wall Street if healthcare effort stalls Everything you need to know ahead of the high stakes GOP health-care vote
(DBN)

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Economy:

One-third of Americans say they’d have trouble coming up with an emergency $2,000
(DBN)

Fed's Kaplan sees three rate hikes in 2017, eyes balance sheet
(DBN)

Maybe the Economy Isn't the Reason Why So Many American Men Aren't Working
(DBN)

Mexico warns firms not in their interest to build border wall
(DBN)

Americans May be Rich, But They’re Not Happy
(DBN)

Why the Trump Economic Boom Will Never Come
(DBN)

“Hire American”: Trump Winery wants to hire more foreign workers
(DBN)

Portland will start housing the homeless in tiny pods in people's backyards
(DBN)

Here’s what happens to tax reform if the health bill passes — or doesn’t
(DBN)

Why the Fed paid banks not to lend
(DBN)

Two Views of Grim Post-American Future
(DBN)

Why White Middle Class is Dying Faster
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Existing-home sales tumble as tight inventory chokes housing market U.S. existing home sales fall from 10- year high NAR: "Existing-Home Sales Stumble in February"
(DBN)

Bankruptcy Estate: Would the Automatic Stay Protect a Squatter?
(DBN)

Judicial Foreclosure Sales Are Immune To Preference Challenges
(DBN)

AIA: Architecture Billings Index increased in February
(DBN)

MBA: Mortgage Applications Decrease in Latest Weekly Survey
(DBN)

Sears Warning Slams Mall Stocks
(DBN)

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Municipalities:

Puerto Rico Creditors Open Checkbooks in Debt Negotiations
(DBN)

Puerto Rico's sole deal with bondholders in jeopardy
(DBN)

Puerto Rico governor, bondholders divided on PREPA deal
(DBN)

Puerto Rico Utility Deal on Verge of Collapse
(DBN)

'Friend' Turns on Puerto Rico Bondholders
(DBN)

Jones Day Calls Detroit Mayor 'Political Hack' in Response to Threatened Suit
(DBN)

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Oil/Gas:

Oil slides after US inventories rise faster than expected Oil prices sharply lower as US supplies rise to a record
(DBN)

Chaparral Exits Bankruptcy With $100 Million In Liquidity
(DBN)

Past oil spending could make for glut next year: Goldman Sachs
(DBN)

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Tech:

Why Even Trump Can't Save Twitter
(DBN)

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Environmental:

Miner’s Bankruptcy Exit Will Leave a Cleanup Bill
(DBN)

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Corporate Reform:

Behind the scenes, bank lobbyists temper expectations for Dodd-Frank overhaul
(DBN)

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Travel:

For some airline passengers, new warnings bring new hurdles
(DBN)

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Nuclear:

Westinghouse may file for bankruptcy to help save Toshiba Westinghouse Bankruptcy May Limit Toshiba's Looming Losses Toshiba says Westinghouse board to decide on bankruptcy
(DBN)

Westinghouse's clients gear up for bankruptcy fight - sources
(DBN)

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Shipping:

South Korea to inject $2.6 bln into ailing shipyard Daewoo South Korea's Daewoo Shipbuilding to get fresh $2.6 billion bailout
(DBN)

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Coal:

Peabody’s settlement over polluted sites to leave a big bill for taxpayers
(DBN)

A Recently Bankrupt Coal Company Is Being Honored at Mar-a Lago
(DBN)

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Clean Energy:

Two Bankruptcies, One Signal to Investors?
(DBN)

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Telecoms:

Operator of Western Mass. broadband network files for bankruptcy
(DBN)

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Autos:

Bankruptcy trustee says Dusty Old Cars untrustworthy
(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 (22 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (4 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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SCOTUS - Structured Dismissals:

Bankruptcy priority rules may not be evaded in Chapter 11 structured dismissals Justices Side With Workers in Bankruptcy Dispute High Court Narrows Use Of Structured Dismissals In Ch. 11 U.S. Supreme court rejects structured bankruptcy dismissals Workers Prevail in High Court Bankruptcy Fight US Supreme Court Reverses a Chapter 11 Structured Dismissal Jevic Supreme Court Opinion Declares Priority Skipping Bankruptcy Settlements to be Unlawful, Casting Doubt on Priority-Skipping Bankruptcy Surcharge Under 11 U.S.C. 506(c) Supreme Court rules on bankruptcy settlement procedure case Supreme Court Says Structured Dismissals Must Follow Priority Scheme
(DBN)

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Jurisdiction:

Who Decides Whether Bankruptcy Jurisdiction Exists after Removal from State Court
(DBN)

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Committees:

Protecting Committee Members – Ninth Circuit Expands Protections Afforded to Individual Committee Members
(DBN)

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Discharge:

11th Circuit holds borrower’s false oral statement regarding single asset does not provide basis for non-dischargeability action under § 523(a)(2)(A)
(DBN)

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Automatic Stay:

Tenth Circuit Joins Missouri River to Divide Kansas City Over What Constitutes A Stay Violation
(DBN)

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Art:

Global Art Sales Fall 11% to Lowest Point Since Financial Crisis
(DBN)

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Autos:

An increasing number of Americans have stopped paying their car loans
(DBN)

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Mass Torts:

Former pharmacy owner convicted of racketeering
(DBN)

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Retailing:

Sears ' $900M sale of Craftsman to Stanley Black & Decker 'voidable'? Stock Plummets 12% After SEC Filing Clouds Future Fears of a Sears bankruptcy are reignited, sending shares tumbling What's killing Sears and Kmart? Sears Seeks to Kill Bankruptcy Talk as Stock Collapses Kmart, Sears face ‘substantial doubt’ about finances as losses grow Sears has everything — except maybe a future Storied retailer Sears could see the end As Sears falters, shadow darkens over American malls Is This the End of Sears? How Sears CEO Lampert cashes in as stores cash out With Sears' future in doubt, suppliers begin pulling back Timeline: The Rise and Fall of Sears How Sears changed America If Sears Goes Bankrupt , Will Stanley Lose Craftsman?
(DBN)

We went inside a JCPenney and saw why the company is struggling
(DBN)

Surprise: outlet malls are hot
(DBN)

Payless ShoeSource edges toward bankruptcy Payless Reportedly Looking To File For Bankruptcy, Possibly Next Week
(DBN)

RIP Retail: Sears, Payless, Bebe in Crosshairs
(DBN)

Apparel chain Bebe Stores to explore strategic alternatives

Department Store Stocks Plunge Again: Here's How They Can Bounce Back
(DBN)

Sears Today, Walmart Tomorrow? Why You Don't Want To Own Any Retail Stocks
(DBN)

The Ugly (Retail) Truth: Which Stores Will Close Or Survive
(DBN)

Stage Stores may try to buy bankrupt retailer
(DBN)

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Sovereigns:

Paul Singer’s New Mantra: Be Like Argentina
(DBN)

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UK:

UK millionaires think Brexit will make them even richer, survey finds
(DBN)

Banks Plan Post-Brexit Employee Re-Deployment
(DBN)

Peers say Brexit with no trade deal would cause 'significant damage' to service sector
(DBN)

Breathing space for individuals in debt
(DBN)

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Brazil:

Brazil's Oi loss narrows on cost-cutting, EBITDA slumps
(DBN)

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MENA:

UAE bankruptcy no longer leads straight to prison
(DBN)

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India:

Bankruptcy board spells out ‘eligibility’
(DBN)

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