March 30, 2017

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Nationwide Layoff Watch: Mass Lateral Hire, Mass Support-Staff Fire
(DBN)

Yes, Prosecutors Are Still Trying To Hold Someone Accountable For Dewey & LeBoeuf’s Failure
(DBN)

And Then There Were 4: Biglaw Lawyers Behaving Badly
(DBN)

Weil, Skadden Snag Roles on Westinghouse Bankruptcy
(DBN)

Bankruptcy lawyer David Friedman sworn in as Trump's ambassador to Israel
(DBN)

Law Schools Duel For The Worst Bar Exam Passage Rates Ever
(DBN)

The 10 Law Schools Students REALLY Want To Go To (2017)
(DBN)

UC Law Schools Awarded Millions After Bank's Loss in Court
(DBN)

Don’t Go To Law School Because Of Trump
(DBN)

Suffolk Law Dean Discusses GRE and the New Legal Realities
(DBN)

Prinses fall from shopping sprees at Saks to bankruptcy
(DBN)

Being 'obnoxious and disrespectful' in bankruptcy case could mean discipline for St. Louis lawyer
(DBN)

The Title Of This Court Filing Will Amaze You!
(DBN)

Former BigLaw partner says he felt like a pawn in securities fraud case after judge tosses claims
(DBN)

Kasowitz Benson Chops Off the Friedman
(DBN)

Law deans and GCs join campaign to save Legal Services Corp. funding
(DBN)

Law firm accused of allowing HOA ballot-rigging blames junior associate it assigned to the matter
(DBN)

14 apps every modern gentleman should have on his phone
(DBN)

What's a Law Firm To Do About Anonymous Online Reviews?
(DBN)

Despite kinks in program, nonlawyers are successfully providing some legal services in Washington
(DBN)

New York’s ban on surcharges for credit card use is a regulation of speech, Supreme Court says Supreme Court Strikes Down State No-Surcharge Law
(DBN)

Prosecutors Seek To Call @Carl_C_Icahn To The Stand
(DBN)

North Carolina lawmakers reach deal to repeal controversial bathroom law
(DBN)

Federal judge in Hawaii extends order halting Trump's travel ban
(DBN)

Trend Is Law Firms Moving Blogs Off Websites
(DBN)

Are Solos Still Being Told Not To Use Social Media?
(DBN)

Trump argues supremacy clause shields him from ‘Apprentice’ contestant’s state suit while in office
(DBN)

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Judges:

Bankruptcy Judge Conducts Naturalization Ceremony
(DBN)

The Most-Cited Supreme Court Cases All Have Something In Common
(DBN)

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Wall Street:

U.S. stock futures sag, with Nasdaq set to lose its grip on string of gains
(DBN)

Stocks close mostly higher as energy jumps 1%
(DBN)

Paulson & Co. Partner Jumps From 24th Floor
(DBN)

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Layoffs:

Robots Are Slashing US Wages and Worsening Pay Inequality Every industrial robot takes up to 6 jobs, study finds Domino's will begin using robots to deliver pizzas Robots and Jobs: Evidence from US Labor Markets - NBER
(DBN)

Major Pittsburgh employer files for bankruptcy , 4500 jobs in question
(DBN)

Amazon sets mass layoffs at Quidsi products unit after losses
(DBN)

Baker Hughes offering buyouts in Europe
(DBN)

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Politics:

Trump is tweeting from an iPhone now The 'Trumpcare' debacle cratered Trump's approval ratings even further ‘Have you heard of Susan B. Anthony? I’m shocked’: Trump stuns women at empowerment event Ivanka Trump will become government employee after uproar about West Wing office It took Trump just 69 days to accomplish something that the country's most unpopular presidents took years to achieve GAO to Examine Cost of Trump Florida Trips
(DBN)

Mark Cuban is starting to sound like a Democrat
(DBN)

Paul Manafort Received Loans From Another Former Trump Adviser's Bank The battle just got even uglier The Senate Intelligence Committee won't rule out collusion between Trump's team and Russia Senate Intelligence chair: 'We would be crazy' to draw a conclusion about Trump-Russia collusion now Putin says he's ready to meet Trump at a possible Arctic Summit
(DBN)

Americans Intolerant When Told They're Wrong
(DBN)

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Nuclear:

Nuclear Power Suffers Major Blow With Westinghouse Bankruptcy Westinghouse Bankruptcy Underscores Meltdown of the Global Nuclear Industry
(DBN)

Toshiba's nuclear woes a hot ticket for bankruptcy financiers
(DBN)

SCANA, Santee Cooper will reassess SC nuclear plants in aftermath of Westinghouse bankruptcy SCANA plans court filing in response to Westinghouse bankruptcy Scana, Southern Fall on Uncertain Fate of Nuclear Projects Scana considers axing Westinghouse reactor project Southern, Scana to Continue Construction on 2 Projects
(DBN)

Westinghouse Seeks to Reassure Chinese Customer After Bankruptcy
(DBN)

Toshiba-led UK nuclear project shrouded in uncertainty
(DBN)

Westinghouse Adviser Outlines Company's Plan to Survive
(DBN)

Plant Vogtle contractor files for bankruptcy protection
(DBN)

Japan, US to discuss Westinghouse bankruptcy
(DBN)

Toshiba's Westinghouse nuclear division plunges into bankruptcy Toshiba's Westinghouse files for bankruptcy as charges jump Weighed by Nuke Construction Costs, Westinghouse Files for Bankruptcy: ‘This Is a Fairly Big Deal’ Why is Westinghouse declaring bankruptcy ? Westinghouse Bankruptcy : 11 Things to Know Toshiba's Westinghouse bankruptcy due to self-inflicted injury ‘Toshiba Has Become a Laughingstock’: Angry Shareholders Vent at CEO After Westinghouse Bankruptcy Toshiba shareholders accuse group of 'chronic culture of lying' Westinghouse Shifts From Building to Dismantling
(DBN)

Westinghouse Officially Bankrupt. What Now For Andhra's 6 Nuclear Reactors? Westinghouse “not abandoning” Indian nuclear projects despite bankruptcy
(DBN)

What Does the Westinghouse Bankruptcy Mean for Cameco Corp.?
(DBN)

Reassurances over planned Cumbria nuclear power station after bankruptcy move
(DBN)

How an American Tech Icon Bet on Nuclear Power -- and Lost
(DBN)

Utilities vow to finish reactors despite Westinghouse woes
(DBN)

Westinghouse faces tough negotiation over troubled US projects
(DBN)

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Economy:

Here’s what would happen during a government shutdown
(DBN)

What's the Average Income in America?
(DBN)

Fed's Rosengren says sees three further rate hikes this year Fed's Williams: Don't 'rule out' more than three rate hikes this year
(DBN)

The Jobs Statistics Trump Should Be Worried About
(DBN)

Trump Steers US into Economic Isolation
(DBN)

Old, rich Americans are loving life after Trump's win
(DBN)

JPMorgan Chase’s head economist sees bright outlook for consumers
(DBN)

Mark Hulbert: Why soaring consumer confidence should worry investors
(DBN)

Didn't Trump Say He Saved Jobs at Carrier?
(DBN)

A hedge fund manager who retired at 36 is sounding the alarm on the Trump trade
(DBN)

The Fed's pension fund is flashing a warning sign about the Trump trade
(DBN)

Trump to unveil $1 trillion infrastructure plan in 2017: Official
(DBN)

The 9 best countries in the world to start a business
(DBN)

'We're not going to put it on our side': Trump's interior secretary raises doubts about the border wall
(DBN)

Trump, conservatives try to put aside bitterness to cut tax deal
(DBN)

Technically Bankrupt
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

What It Means to Cure a Default: Never Take Anything for Granted, the Rules Can Always Change
(DBN)

A Bankruptcy Discharge Makes a Face-to-Face Meeting an Act in Futility
(DBN)

When Trustee Abandoned Debtor’s Home, he also Abandoned the Proceeds from Post-Petition Foreclosure Sale of Debtor’s Home
(DBN)

Bank Of America Ordered To Pay $46M Over Improper Foreclosure Kafka Is Alive and 'He Works at Bank of America,' Says a Bankruptcy Judge
(DBN)

Deutsche Bank looks at other options to fulfill consumer relief settlement requirements
(DBN)

US pending home sales surge to 10-month high ahead of spring
(DBN)

Mortgage Serious Delinquency Rate Declines in February, Lowest Since June 2008
(DBN)

Morgan Stanley: The bull market in commercial real estate is about to end
(DBN)

Buyers are rushing into the housing market in anticipation of higher interest rates
(DBN)

Judge affirms Colony rec lease decision
(DBN)

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Municipalities:

Puerto Rico utility PREPA, creditors working on new debt deal
(DBN)

Puerto Rico Resident Commissioner Gonzalez looks to Oversight Board to help stop Medicaid crisis
(DBN)

Financial Guaranty Insurance Company (FGIC) Issues Letter to Puerto Rico Oversight Board
(DBN)

Puerto Rican debt crisis enriches CEO charged with fixing it, protesters say
(DBN)

Puerto Rico bond hits all-time low in light trading
(DBN)

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Oil/Gas:

Paragon Offshore Can Put Reorganization Plan to Creditor Vote
(DBN)

Oil spikes above $49 as inventories grow less than expected
(DBN)

Oil price recovery eases credit worries between traders
(DBN)

Oil Traders Warn There's a Supply Crunch Looming
(DBN)

Amid surging US shale, Russia is quietly cutting production and looking at the bigger picture
(DBN)

Huge 300,000 Bpd Fracklog Could Derail Oil Price Recovery
(DBN)

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Banking:

Woman indicted on embezzling more than $5 million from now-defunct credit union
(DBN)

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Food/Beverage:

Impact of Transmar bankruptcy goes beyond soft commodities
(DBN)

America Doesn't Need More Olive Gardens
(DBN)

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Coal:

Trump's ideas about coal are unpopular all over the country — here's why he's pushing them anyway
(DBN)

North Korea May Be Key to Trump's Coal Ambitions
(DBN)

Trump promised to bring back coal jobs. That promise 'will not be kept,' experts say. Prices dictate energy supply trends far more than policy
(DBN)

Interior secretary reopens federal coal mining Lawsuit Challenges Trump Administration's Order to Open Public Lands to Coal Leasing
(DBN)

Trading the Planet for a Few Coal Mining Jobs
(DBN)

Trump Can’t Save Coal
(DBN)

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Autos:

Santander to pay $26m to settle subprime auto-loan case
(DBN)

A Hedge Fund's GM Plan Gives Hedge Funds a Bad Name
(DBN)

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Banking:

Wells Fargo's Settlement Is Small Change
(DBN)

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Shipping:

Daewoo Shipbuilding’s struggling with new orders amid rescue package uncertainties CEO of cash-strapped DSME forgoes salary
(DBN)

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Corporate Reform:

Trump Repeals Regulation Protecting Workers From Wage Theft
(DBN)

What is the most likely outcome for the CFPB?
(DBN)

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New Bankruptcy Opinions
(13 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (44 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (66 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 Reform:

Bill to create section of bankruptcy code for banks advances in House
(DBN)

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Bankruptcy Bonuses:

Avaya's $3.7m bankruptcy bonus plan slammed by watchdog
(DBN)

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Structured Dismissal:

The Structure of Dismissals – Supreme Court’s Jevic Decision Lays Out Ground Rules for Parties Seeking to Resolve Bankruptcies Through the Increasingly Popular Method of Structured Dismissals
(DBN)

Jevic Holding Corp.: Supreme Court Shoots Down Non-Consensual, Priority-Skipping Structured Dismissals 6-2
(DBN)

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Insurance:

D&O Insurance: When Is a Claim a “Securities Claim”?
(DBN)

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Avoidance Actions:

Bankruptcy Code Section 548(c) and the Good Faith Defense
(DBN)

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Advertising:

Print Ad Firm Declares Bankruptcy in Digital Age
(DBN)

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Celebs:

Shock as dressmaker to stars Nicholas Oakwell Couture goes bust
(DBN)

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Distressed Investing:

Appeals panel grills Patriarch lawyer over ‘sordid mess’ that led to conviction of US Army colonel
(DBN)

Private Equity Is Raising Its Bets to Save Distressed Positions
(DBN)

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Resorts:

Little progress made in resolving Tahoe's Cal Neva bankruptcy issues
(DBN)

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Healthcare:

Trumpcare's failure has set off a chain reaction of states trying to expand Obamacare's most popular program
(DBN)

US Speaker Ryan opposes Trump working with Democrats on health care Senate to Pass on Reviving Health Care Repeal Key Republicans Move to Stabilize Obamacare
(DBN)

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Travel:

The 5 best airline meals, according to a man who travels the world reviewing them
(DBN)

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Personal Finance:

This is America’s least financially literate state
(DBN)

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Student Debt:

Trump’s Student Loan Default Penalty Has an Unlikely Foe
(DBN)

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Corporate Governance:

Delaware Supreme Court Addresses Contractual Fiduciary Standard
(DBN)

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Pharma:

Drug companies blame everyone but themselves for rising drug prices
(DBN)

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Fraud:

NYC police investigate apparent suicide with Madoff link Hedge fund executive, 56, who lost billions with Bernie Madoff 'was suffering from depression' Madoff victim added wife to townhouse deed before suicide
(DBN)

Fort Lauderdale woman seeks president's apology over defunct Trump University Settlement Arguments on Trump U Thursday
(DBN)

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UK:

Polls: Brits don't regret Brexit and just want Theresa May to get on with it German Banker Warns England of Its Fate The EU thought Britain would reverse its Brexit decision up until only a few weeks ago EU Officials Already Rejecting UK Demands Everything you need to know about the Brexit nightmare that will follow Article 50 Brexit does not provide a single major opportunity to improve the UK economy in the long term EU leaked document: Britain can reverse Article 50 London Mayor Sadiq Khan says getting a good Brexit deal will be 'extraordinarily complicated and difficult' 'Markets shrugged off the triggering of Article 50' Hollande and Merkel deal a major blow to May's Brexit plan More banks will announce Brexit relocation plans to Europe 'within weeks' Brexit isn’t a soap-opera divorce — it’s democracy in action UK faces bumpy, post-Brexit road of stagflation, company defections: Analysts Even May Warned of Brexit Consequences Bracing for the Impact of Brexit on Economy Brexit: On With the Smoke and Mirrors UK Pulls Pin on EU's Brexit Hand Grenade
(DBN)

Law firms brace for Brexit Article 50 repercussions
(DBN)

Devastated Stonehouse Creek couples told they are 'unlikely' to get wedding money back
(DBN)

______________

PIIGS:

Greece Reaches Agreement With Creditors to Close Bailout Program Evaluation Greece Agrees With Creditors on Review of Rescue Programme New report: No confirmation of deal between Greece and creditors Bid to get SYRIZA behind deal as Euro Working Group convenes Greece close to deal with creditors : parliament chief
(DBN)

______________

India:

Insolvency regulator should not be intrusive, but guide market in right direction, Meghwal tells IBBI
(DBN)

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Malaysia:

Bankruptcy Bill gets thumbs up from lawmakers
(DBN)

______________

Ukraine:

Ukraine's Defenses to Russian Bond Claims Rejected Russia Wins Early Verdict in $3 Billion Ukrainian Bond Case
(DBN)

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