May 15, 2017

The Daily Bankruptcy News

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Law:

Partner Hits Proskauer with $50 Million Gender Bias Suit
(DBN)

Kirkland's Gross Revenue, Partner Profits Hit New Highs
(DBN)

5 Years After The Collapse Of Dewey & LeBoeuf: Career Advice For Associates From A Dewey Associate-Turned-Recruiter
(DBN)

St. Louis judge orders, then stays arrest warrant for bankruptcy firm owner and lawyer
(DBN)

A Big Bank Goes Bust, and Big Law Gets Left With The Bill
(DBN)

Bankruptcy judge slams Weil Gotshal for 'distinct lack of billing judgment'
(DBN)

Restructuring Lawyer Noble Joins McGuireWoods as Partner
(DBN)

Supply of Law Graduates Is Shrinking, But So Is Demand
(DBN)

New York State Bar updates social media guidance
(DBN)

California’s Bar Exam Results Are Absolutely Abysmal
(DBN)

Are Law Schools with Low Bar Pass Rates at Risk of Closing?
(DBN)

The Incredible Shrinking Law School
(DBN)

Vermont Law School Receives $17m Loan From U.S. Department Of Agriculture To Fund Online Education Program, Restructure Debt
(DBN)

Department Of Education Throws Student Loan Lifeline To Teetering Charlotte Law School
(DBN)

Law School Rankings By Full-Time, Long-Term Bar-Passage Required (Excluding School-Funded) Jobs
(DBN)

Former Rosenthal Rasco Partner Sues Other Partners Over Firm Finances
(DBN)

Meet the New U.S. Face of Linklaters
(DBN)

How To Stop Procrastinating
(DBN)

This church is shielding undocumented immigrants from Trump's crackdown, and helping them escape to Canada
(DBN)

Trump may pick a new FBI director by next week Dem Leader: No New FBI Director Without Special Prosecutor Who Is Being Considered To Succeed James Comey As Director Of The FBI? Trump Tweet Sparks Legal Questions Over Comey Firing Alice Fisher of Latham Considered for FBI Director - But Who Is She?
(DBN)

Trump Lawyers : Tax Returns Show Little Income From Russians An Open Letter to Morgan, Lewis & Bockius: I Hope You Know What You're Doing
(DBN)

Law student with felony record and Skadden fellowship denied character and fitness recommendation
(DBN)

Former Foley & Lardner partner is charged with insider trading SEC Charges Ex-Foley & Lardner Partner With Insider Trading
(DBN)

A judge explains how Facebook can be used against you in court
(DBN)

Judge agrees to delay bribery trial for Philly DA
(DBN)

Think Broadly Of Your Goals When In Court
(DBN)

Legally Enforce Your Love With A Momtract On Mother’s Day
(DBN)

Attorney says Illinois police dept. framed him for his wife's murder
(DBN)

Court Orders Trump To Turn Over Rudy Giuliani’s Muslim Ban Draft
(DBN)

Did Attorney General Sessions violate his recusal pledge by participating in Comey firing?
(DBN)

Sessions overturns Holder’s policy that softened drug charges against low-level offenders Senate Conservatives Push Back on New DOJ Sentencing Guidelines Sessions’ Disastrous New ‘Tough on Crime’ Policy Could Do Far More Harm Than Good
(DBN)

The Fox News Scandal Radiates Outward
(DBN)

ABA Issues Major Ruling on Ethics of Email and Electronic Communications
(DBN)

Trump lawyers’ self-created legal dilemma
(DBN)

Lawyerly Integrity in the Trump Administration
(DBN)

Children are killed for insurance money
(DBN)

Videotape of the Assault Of Elderly Woman At Pool Leads To Arrest Of Prime Suspect
(DBN)

Donald Trump's lawyer branded 'super creepy'
(DBN)

'Gay cake' case makes it to Supreme Court
(DBN)

Bankruptcy law clerk gets $750,000 settlement for bad fall on slippery court steps
(DBN)

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Judges:

Vermont District and Bankruptcy Courts Consolidated
(DBN)

Appointment of U.S. Bankruptcy Judge for the District of Colorado
(DBN)

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Wall Street:

US stocks poised for higher open
(DBN)

US stocks close mixed on weak retail earnings
(DBN)

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Layoffs:

Pink Slips Delivered to 179 Brockton Teachers
(DBN)

134 Delaware school district employees receive layoff notices
(DBN)

118 Lose Jobs at Highmark
(DBN)

ASD preparing for 200 teacher layoffs
(DBN)

Baltimore school budget proposes 300 layoffs
(DBN)

122 Job Reductions In Camden School District
(DBN)

Cincinnati firm to lay off more than 500 workers
(DBN)

Kellogg's Laying Off 200 in Minnesota
(DBN)

Which Jobs are getting Automated the Fastest?
(DBN)

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Festivals:

The organizer of the disastrous Fyre Festival tells employees they will no longer be paid, but they’re welcome to stay and ‘help out
(DBN)

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Healthcare:

Some of the most powerful people in the US are talking about a massive change to healthcare
(DBN)

'People are waking up': A key architect of 'Trumpcare' faces hostility back home
(DBN)

'There's only one way to get there': A top GOP senator opens up on his 'Jimmy Kimmel test' for healthcare reform
(DBN)

'Nearly bankrupt': A review of how the ACHA ended up broke
(DBN)

The future of Obamacare will be written by insurers like this one
(DBN)

The White House budget director dropped a hint about how Trump could bring drug prices down
(DBN)

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Nuclear:

Southern to Take Over Westinghouse Georgia Nuclear Project Southern Co to manage construction of Georgia nuclear plant Southern Reaches Short-Term Deal With Westinghouse on Nuclear-Power Plant
(DBN)

Vogtle construction to continue until June 3
(DBN)

Toshiba said to be preparing for bankruptcy as Southern faces Vogtle deadline
(DBN)

Toshiba Reports Massive Loss for Year Over Westinghouse Woes
(DBN)

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Celebs:

'Below Deck' Star Vindicated In Bankruptcy 'Fraud' Case
(DBN)

‘Dance Mom' star Abby Lee Miller on GDLA: 'I definitely did something wrong'
(DBN)

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Gambling:

Caesars' Bankruptcy Plan Approved, Trump Taj Mahal Price Tag Revealed
(DBN)

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Maritime:

Tidewater signs bankruptcy deal Tidewater's stock plunges after announcing bankruptcy plan
(DBN)

Hapag-Lloyd sails back into the red as rising costs bite
(DBN)

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Economy:

The gap between the top 5% and everyone else has dramatically grown over the last 50 years
(DBN)

Trumponomics: Cooking up an economic policy
(DBN)

Update: "Scariest jobs chart ever"
(DBN)

Key Measures Show Inflation close to 2% in April
(DBN)

Fed Nowcast stands at 1.9% for 2017:Q2
(DBN)

There's one part of this Trump-China deal that slaps a bunch of his supporters in the face
(DBN)

There's a 'civil war' on trade within the Trump administration
(DBN)

US Fails to Reassure EU, Japan on Trade
(DBN)

Before Trump finishes his tax plan, he might want to go to Kansas
(DBN)

Town Of Trump Voters Angry After Local Businessman Gets Deported
(DBN)

This is why your CEO makes more than 300 times your pay
(DBN)

Manufacturing Openings, Hires rise to Highest Level of the Recovery American Manufacturing is Gaining Momentum US Manufacturing Hiring hits 6 Year High
(DBN)

States Where the Economy Isn't Struggling to Recover
(DBN)

US Gov. posts $182B surplus in April
(DBN)

$1 Trillion Infrastructure Plan to Hit Potholes
(DBN)

Looking for a Jobs? Go West and South
(DBN)

Ranking the best and worst jobs in the U.S.
(DBN)

A 22-year-old who lives with his parents stopped the worldwide malware hack by registering a domain for $10.69 More than 150 countries affected by massive cyberattack
(DBN)

Americans Are Losing Faith In Government's Ability To Protect Consumers
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

9th Cir. Applies Anti-Deficiency Protections to Debtors' Bankruptcy Estate Where Property of Estate is Sold in Non-Judicial Foreclosure
(DBN)

SCRA Guidelines for Real Estate Creditors
(DBN)

Reports On The Death Of Retail Real Estate Have Been Grossly Exaggerated
(DBN)

Housing Regulator Is Pushed to Crack Down on Sales of Foreclosed Properties
(DBN)

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Municipalities:

Puerto Rico’s $123 Billion Bankruptcy Will Impact More Than Your Wallet
(DBN)

Puerto Ricans Gather at Diaspora Summit as Island Begins Bankruptcy Process
(DBN)

Can Puerto Rico Escape Disaster?
(DBN)

Nonprofits ‘worried’ about bankruptcy under PROMESA
(DBN)

How Big Are Mutual Funds' Puerto Rico Losses? $5.4 Billion
(DBN)

Bankruptcy for Hartford may hinge on CT tax debate
(DBN)

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Oil/Gas:

OPEC tried to put this US shale oil driller out of business. It 'backfired'
(DBN)

Seadrill - Is There Anything To Learn From The Tidewater Prepackaged Bankruptcy Deal?
(DBN)

OPEC Still Fundamentally Misunderstands U.S. Oil Industry
(DBN)

In Fight Against US Shale Oil, OPEC Risks Lower for Longer
(DBN)

Saudis, Russia Favor Extending Oil Cuts Oil rises to $52 as Saudi, Russia back longer supply cut
(DBN)

Worst-hit oil exporters see recessions extend to fifth year
(DBN)

U.S. rig count climbs for 17th week "Price weakness failed to dent enthusiasm for rig additions this week"
(DBN)

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Politics:

Poll: Just 29% of Americans approve of Trump's decision to fire Comey Opinion on Trump Stable Despite Turmoil Over Comey Firing Trump: 'I was a little bit surprised' over backlash against Comey's firing Comey fallout illuminates pitfalls of high-profile firings Alec Baldwin's Trump explains James Comey's firing on 'SNL': It's 'because of Russia' The White House has a spelling problem — and it’s hurting Trump's image with voters Sean Spicer won't deny Trump is recording private White House conversations, including with Comey Trump's inner circle is rapidly shrinking He Shows He Is Unfit. Yet He's Still the President FactCheck: Trump and Russia Frum: A Special Prosecutor is Not the Answer Trump's loyalists are praising Comey's ouster as a blow against the 'deep state' Clapper: Democratic Institutions Under Assault by Trump Trump can’t stop saying things that aren’t true Trump White House's Struggle With the Truth The Dunning-Kruger effect
(DBN)

Is It Time for Trump Staff to Lawyer Up?
(DBN)

Ousted FBI director James Comey is willing to testify — but only in public
(DBN)

24 Close to Losing Jobs Over Obamacare Repeal Trump Meltdown Sets Off GOP Alarms for 2018
(DBN)

Kellyanne Conway started a company when she was 28, and it has made her millions
(DBN)

Condi Makes Her Case
(DBN)

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Fraud:

Former Virginia hedge funder cops to $9M Ponzi scheme
(DBN)

Ex-MLB player Doug DeCinces convicted in insider trading case
(DBN)

Ruth Madoff - Society Had Been Her Judge and Jury
(DBN)

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Solar:

SolarWorld says Hillsboro factory 'operating as usual' despite parent's insolvency
(DBN)

Collapsing Prices Force SolarWorld Insolvency
(DBN)

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Surfing:

Who will win contentious bidding war over Mavericks surf contest?
(DBN)

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Religion:

Creditors reject archdiocesan reorganization plan in Minnesota
(DBN)

Clergy abuse survivors vote for creditors' plan in Twin Cities bankrupcy case
(DBN)

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Electricity:

Energy Future Backs NextEra in Bid to Save Oncor Deal
(DBN)

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Student Debt:

Can't Pay Your Student Loans? The Government May Come After Your House
(DBN)

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Food/Beverage:

The restaurant industry is in its worst tailspin since the recession
(DBN)

Marsh to reorganize through bankruptcy Marsh Bankruptcy Is A Harbinger Of Trouble For U.S. Supermarkets
(DBN)

High debts, competitive investments sent Marsh to bankruptcy
(DBN)

Marsh likely will need federal bailout for $76M pension shortfall
(DBN)

Marsh bankruptcy documents show Sun Capital no longer in control
(DBN)

Jewel attempting to buy Strack & Van Til for $100 million
(DBN)

How new owners turned Twinkies into solid gold
(DBN)

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New Bankruptcy Opinions
(7 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (32 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (82 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:

As Retail Bankruptcies Soar, Healthcare Sector Girds for More Filings
(DBN)

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Discharge:

Burlington dentist takes bankruptcy to U.S. Supreme Court
(DBN)

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Judicial Estoppel:

District Court Takes on the Intersection of Bankruptcy and the FDCPA
(DBN)

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Safe Harbors:

U.S. Supreme Court to Review Scope of “Settlement Payment Defense” for Bankruptcy Clawback Suits
(DBN)

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Cross-Border:

International Bank of Azerbaijan Seeks U.S. Court Protection
(DBN)

U.S. court backs Azeri bank IBA's petition over creditors
(DBN)

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Retailing:

Retail vendors get more impatient
(DBN)

Here's what could happen to America's hundreds of dead malls
(DBN)

Sears CEO's master plan to profit off the demise of his stores is taking a turn for the worst Vendors Could Force Sears Into Bankruptcy
(DBN)

Gracious Home: Greenwich resident tries to beat dim retail odds
(DBN)

The internet isn't the only thing killing US retailers
(DBN)

Every time this happens, Amazon crushes another legacy retailer
(DBN)

Dallas' Luke's Locker hopes to come out a winner after run through bankruptcy
(DBN)

J.C. Penney is having a Serious Wardrobe Malfunction
(DBN)

Best Practices for Suppliers and Creditors in a Transformative Retail Environment
(DBN)

Retail Sales increased 0.4% in April
(DBN)

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Consumer Products:

Katy Industries and Affiliates File In DE, Enter into Asset Purchase Agreement First Day Dec
(DBN)

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Travel:

Family Kicked off JetBlue Flight over Birthday Cake
(DBN)

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Trucking:

Trucking Industry's Tale of Woe: Too Many Big Rigs
(DBN)

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Guns:

Demand for guns and ammunition collapsed after Trump election, says Vista Outdoor
(DBN)

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Commodities:

Man Who Helped Bury Lehman Turns to Saving Troubled Trader Noble
(DBN)

Noble Group routed again as worst-case outcomes get scrutiny
(DBN)

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Pensions:

US pension fund deficit soars to $3.85tn
(DBN)

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UK:

Labour's planning a £26 billion tax raid on the rich
(DBN)

The City of London After Brexit Isn't Just About Jobs
(DBN)

While Trump tries to bring back coal, the UK goes coal-free
(DBN)

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PIIGS:

This is why Alitalia is failing
(DBN)

Greece downgrades 2017 growth projections Greece slashes GDP forecast in new budget plans Greek economy slides back into recession
(DBN)

Debt restructuring will offer pardons to strategic defaulters
(DBN)

Varoufakis accuses Tsipras, Tsakalotos of giving in to creditors
(DBN)

Philip Morris is counting on Greece going up in smoke
(DBN)

Alternative A Insolvency Remedy Adopted by Ireland
(DBN)

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Canada:

Home Capital Is a Minor Meltdown That's Left a Major Mark on Canada
(DBN)

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Australia:

'String of bankruptcies' likely to follow after builder Watersun Homes hit the wall
(DBN)

Australia: Liquidators disclaimer power not fail-safe
(DBN)

Ross Asset Management, Dick Smith spur insolvency law change
(DBN)

Global vendors chase Aussie distributors for millions
(DBN)

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Azerbaijan:

ING wonders why Azerbaijan did not save state International Bank from default and bankruptcy
(DBN)

Azeri Bank Plans $3.3 Billion Restructuring After Defaulting
(DBN)

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India:

Ring-fencing RBI in a new NPA regime
(DBN)

Insolvency and Bankruptcy Code: First information utility to be operational in 3 months
(DBN)

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New Zealand:

Bankruptcy: Court clarifies its powers to approve payment proposals
(DBN)

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Japan:

Abe aides eye $8bn loan guarantee to keep Toshiba chips Japanese
(DBN)

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MENA:

Dubai's Gulf General Investment aims to complete debt restructuring by June
(DBN)

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China:

Economic Activity in China Slows in Many Sectors in April
(DBN)

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