March 9, 2017

The Daily Bankruptcy News

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Law:

You Won’t Believe This Infuriatingly Sexist Law Firm Memo From The 1950s
(DBN)

Ropes & Gray Splitting With Around 100 Lawyers And Staffers
(DBN)

Another Biglaw Firm Jumps On The Telecommuting Bandwagon Big Law Firm Starts to Let Associates Work From Home
(DBN)

Harvard Law School To LSAT: Drop Dead Harvard Law School to Allow GRE in Applications
(DBN)

Gross Revenue, Net Income Up at Haynes and Boone
(DBN)

Pillsbury's Financials Rebound, But Firm Leader Wants More
(DBN)

Fried Frank's Revenue, Profit Hit Record Highs After 'Best Ever' Year
(DBN)

Steep Losses Gripped Kaye Scholer Before Arnold & Porter Merger
(DBN)

4 Common Excuses Potential Clients Use To Mooch Discounts From Attorneys
(DBN)

Pitt law dean will no longer appear on TV station over alleged bias against Middle Eastern prof
(DBN)

More Sullivan & Cromwell Lawyers Joining The Trump Administration
(DBN)

Trump nominates former Jones Day partner Noel Francisco as solicitor general
(DBN)

What Do Litigation Finance Investors Want?
(DBN)

International Women's Day: You've Come a Long Way, Counselor The State Of Women 2017
(DBN)

Solos Need To Be Lifelong Learners
(DBN)

Should Lawyers Try To Be Famous?
(DBN)

Hawaii is taking on Trump’s new travel ban Citing business and constitutional issues, Hawaii challenges revised travel ban Hawaii’s Challenge To Travel Ban 2.0 Doesn’t Take The Bait
(DBN)

In an Angry and Fearful Nation, an Outbreak of Anti-Semitism
(DBN)

Billionaire Rennert must pay $213.2 million judgment: U.S. appeals court Billionaire Rennert's Loss Is a Quick Double For Litigation-Finance Firm Burford
(DBN)

U.S. House set to vote on legal reform bills Thursday, Friday ABA opposes class-action reform legislation in letter to Judiciary Committee
(DBN)

Let’s Talk About Self Harm
(DBN)

Houston Lawyer Specifically References Donald Trump In Racist Rant
(DBN)

iPhone 8 Leak Delivers Triple Bad News Blow
(DBN)

10 Easy Ways To Get Busy People To Respond To Your Email
(DBN)

Poll: Most Believe Sessions Should Resign
(DBN)

Vegas Man Charged With Attempted Murder -- Of Mannequin!
(DBN)

Man accused of slaying mother thought he was werewolf
(DBN)

TX: Bathroom Bill Moves Forward
(DBN)

Justice Thomas: Civil Forfeiture May Violate Due Process
(DBN)

Amazon releases smart speaker data to court
(DBN)

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Judges:

Descendant of SCOTUS justice publicly apologizes for Dred Scott opinion
(DBN)

19 finalists for ABA’s Silver Gavel Awards announced
(DBN)

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Wall Street:

US stock futures aren't partying as the bull run turns 8 years old
(DBN)

Stocks close mostly lower after oil plunges 5.4%
(DBN)

This is the next ‘meteorite’ that could hit US markets: JPMorgan strategist
(DBN)

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Layoffs:

Liberty Mutual laying off 360 technology workers
(DBN)

Michigan auto supplier expects nearly 200 layoffs
(DBN)

South Jersey beer distributor to lay off 128
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Healthcare:

Republican governors complain about GOP health care plan Trump tells lawmakers ‘no more excuses’ on replacing Obamacare S&P: 6 to 10 Million Will Lose Coverage ACA Repeal Could Jump Premiums 30% The Republican Plan Is Even Worse Than Obamacare 3 Big Winners in the GOP Health Care Plan – and 3 Big Losers Republicans have a complicated path ahead to transform their health care plan into law Republicans’ Obamacare replacement contains huge tax cuts for insurance companies, but it comes at a cost. Ryan Chalks Up GOP Pushback on Obamacare Repeal as ‘Growing Pains’ Obamacare Repeal Won’t Be Cheap: GOP Plan Could Cost $700 Billion A Test for the Dealmaker: Selling the Controversial GOP Health Care Plan The GOP Obamacare replacement still has to pass a huge test — and it already looks like it might be a disaster The Chaffetz iPhone Scale: How Many iPhones For These Healthcare Expenditures? A pre-dawn vote just gave House Republicans an early victory in overhauling Obamacare
(DBN)

What doctors think of the Obamacare replacement plan AMA Comes Out Against New GOP Health Plan Health Groups Denounce GOP Health Care Bill AMA Says Trumpcare Is 'Critically Flawed'
(DBN)

The good and bad of Trump’s ‘Obamacare Lite’ for investors
(DBN)

This chart is a powerful indictment of our current health-care system
(DBN)

Older Americans may have to postpone retirement under Republican health bill
(DBN)

Republicans will regret ignoring the Congressional Budget Office Ryan Ready to Twist Arms to Sell Obamacare Plan to House GOP
(DBN)

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Bitcoin:

Bitcoin slides after China's 3 biggest exchanges say they will keep blocking withdrawals
(DBN)

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Energy Storage:

Aquion, the Advanced Battery Startup Funded by Bill Gates and Kleiner Perkins, Is Bankrupt Hyped battery maker Aquion Energy files for Chapter 11 bankruptcy
(DBN)

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Prisons:

A Big Winner in Trump’s Immigration Crackdown: Private Prisons
(DBN)

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Economy:

US private sector created 298K jobs in Feb. vs. 190K est.: ADP Private-sector jobs growth explodes in February, ADP says
(DBN)

Traders are certain that the Fed is going to hike rates at next week's meeting
(DBN)

How the U.S. could bring back up to half the manufacturing jobs moved overseas
(DBN)

Wilbur Ross: 'We're in a trade war — we've been in a trade war for decades'
(DBN)

Changes in Consumer Credit, Nonrevolving and Revolving, Since 2013
(DBN)

The 25 highest-paying jobs in America in 2017
(DBN)

Trump Budget Reflects Working Class Resentment of the Poor
(DBN)

February Employment Preview
(DBN)

Trump activates team for $1 trillion infrastructure plan, but challenges mount Trump wants to Fast Track $1 Trillion Infrastructure Plan
(DBN)

Poll: Most Americans Don’t Want Budget Cuts at Government Agencies To Build His Wall, Trump Would Cut FEMA, Airline and Waterway Security Trump administration considers $6 billion cut to HUD budget
(DBN)

U.S. credit card debt shrinks in January
(DBN)

Consumer Borrowing Growth Drops to 5 Year Low
(DBN)

Number of women leaders around the world has grown, but they’re still a small group
(DBN)

How to Improve NAFTA? Ask the Negotiator
(DBN)

In Republicans’ views of a border wall, proximity to Mexico matters
(DBN)

How Trump's Keystone XL story fell apart
(DBN)

The Misunderstanding at the Core of Economics
(DBN)

The US Economy Is Humming Along, but a Big Jump in Growth Is Unlikely
(DBN)

Immigration projected to drive growth in U.S. working-age population through at least 2035
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

Economic Indicators Dashboard
(DBN)

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Real Estate:

Fourth Circuit Hands Victory to Lenders in Chapter 13 Mortgage Case
(DBN)

Deeds: Not All “Freebies” Are Fraudulent
(DBN)

Home flipping hits 10-year high in 2016
(DBN)

Negative Equity Decreasing, Many Homeowners Still Underwater
(DBN)

Fraudster gets 15 years for bilking 1,000+ distressed homeowners in loan modification scheme
(DBN)

Leading Index for Commercial Real Estate Increases in February
(DBN)

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Municipalities:

In Puerto Rico, teachers’ pension fund works like a Ponzi scheme
(DBN)

Puerto Rico ‘Optimistic’ Board Will Back Fiscal Plan After Talks
(DBN)

A Kentucky County Is an Economic Prisoner of Its Own Jail
(DBN)

These are the cities that gained and lost the most jobs over the last year
(DBN)

The State of State Teachers’ Pension Plans
(DBN)

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Oil/Gas:

Oil falls 4 percent as U.S. stocks build for 9th straight week Oil Slumps to Lowest This Year as Traders Focus on Record Supply
(DBN)

Crude oil plunges below $50 a barrel for first time since December US oil price plunges toward $50 as a perfect storm brews Why $50 is more likely to be a ceiling than a floor for the oil price Oil speculators get burned in sell-off while oil industry more conservative on prices
(DBN)

Hedge Funds Worried About Oil Price Drop
(DBN)

North Dakota's oil towns are booming
(DBN)

Shale Billionaire Hamm Says Industry Binge Can `Kill' Oil Market
(DBN)

OPEC Offers Olive Branch To U.S. Shale
(DBN)

Can U.S. Shale Fight Off Rising Costs?
(DBN)

Ethos Offshore files Chapter 7 bankruptcy
(DBN)

Booming again: U.S. poised for record oil output in 2018
(DBN)

Eight fossil fuel major companies seen polluting as much as the U.S.
(DBN)

Shell Cuts Debt With $7.25 Billion Sale of Canada Oil Sands
(DBN)

Oil Majors Still Years From Repairing Balance Sheets After Price War
(DBN)

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Retailing:

Weak mall traffic slams Express
(DBN)

Looks Like RadioShack is Heading Back to Bankruptcy Court RadioShack files for bankruptcy General Wireless Operations Inc. Commences Voluntary Chapter 11 Proceeding RadioShack files for bankruptcy for second time in 2 years RadioShack Is Officially Going Bankrupt Again RadioShack files for bankruptcy again, will close about 200 stores RadioShack Bankruptcy Protection Part Deux RadioShack successor enters bankruptcy as retail woes mount First Day Dec
(DBN)

After 'a valiant effort,' struggling Hhgregg files for bankruptcy
(DBN)

The harsh reality for Anthropologie: It’s still selling the wrong clothes
(DBN)

Urban Outfitters’ problem isn’t too many stores — it’s that women don’t want the clothes it’s selling Urban Outfitters Earnings: Digital Habits Hit Stores
(DBN)

What is HHGregg going to do about customers' gift cards, warranties and deposits? HH Gregg Files for Chapter 11 Bankruptcy: Part of a Next Wave of Retailers Seeking to Restructure/Reduce Debt and Reduce Footprint
(DBN)

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Shipping:

GulfMark Offshore: Insolvency Ahead?
(DBN)

Global container shipping outlook for 2017: rearranging the deck chairs—with only a few seats in the sun
(DBN)

Hanjin Shipping: From the eye of the storm and back
(DBN)

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New Bankruptcy Opinions
(2 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 (8 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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Applicable Non-Bankruptcy Law:

State Law Applicable Solely to Bankruptcy Is Not Non-Bankruptcy Law
(DBN)

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Resorts:

Owners of Daufuskie Island resort files for bankruptcy
(DBN)

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Nuclear:

Westinghouse calls in bankruptcy lawyers Toshiba's Fall And The Rise Of Korea's Nuke Biz
(DBN)

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Fraud:

An alarming study links fraud in the Enron scandal to similar practices at charter schools
(DBN)

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Pharma:

Pharma says high prices fund drug development — but this study finds otherwise
(DBN)

Missouri: America's Drugstore
(DBN)

Two Democratic congressmen say Trump wants to support their Medicare drug-price effort
(DBN)

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Distressed Investing:

Rising Rates Should Create Ample Opportunities for Distressed Investors
(DBN)

Lynn Tilton Asks Court to Toss $1 Billion Racketeering Suit
(DBN)

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Politics:

Obama is reportedly 'furious' over Trump's unsubstantiated wiretapping allegations US senators ask government for proof Obama wiretapped Trump
(DBN)

Growing Number of Americans Believe Russia Influenced 2016 Election
(DBN)

Meet the hundreds of officials Trump has quietly installed across the government
(DBN)

Carl Icahn Is Not Bound By Your Silly Laws
(DBN)

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Education:

These For-Profit Schools Are ‘Like a Prison’
(DBN)

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Metals:

Top creditor sheds doubt on restructuring of former Essar
(DBN)

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Sovereigns:

A year of sovereign defaults?
(DBN)

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Corporate Reform:

Trump guts regulations from Wall Street to coal mines
(DBN)

Trump SEC Pick Made Millions Representing Banks and Hedge Funds SEC Nominee Clayton Earned $7.6M at New York Law Firm SEC Chairman-Designate Pretty Much Gonna Take His First Year On The Job Off
(DBN)

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UK:

The 2008 crisis divided Britain into two economic classes — retirees and everyone else
(DBN)

S&P: The UK economy is losing momentum 2 months into 2017
(DBN)

US companies say Brexit puts $593 billion of investment at risk
(DBN)

Premier League and Championship clubs and players may face huge tax bills
(DBN)

UK Gov't Suffers Second Brexit Defeat
(DBN)

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EU:

After oil's plunge, traders watching whether Draghi will rock the boat
(DBN)

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PIIGS:

Riots in Athens as farmers protest austerity cuts
(DBN)

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Brazil:

U.S. charges Brazilian with laundering massive fraud's proceeds
(DBN)

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Germany:

Germany’s ‘powerhouse’ economy is cracking and investors need to be wary, economist warns
(DBN)

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Argentina:

Argentina's eternal debt problem
(DBN)

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Australia:

Wealth Divide Spurs Rise of Trump-Style Populism in Australia
(DBN)

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Hong Kong:

Hong Kong stocks in biggest fall since mid-December
(DBN)

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China:

China's chill hits banks' bottom lines
(DBN)

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