May 17, 2017

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Huge Layoff Report: Biglaw Firm Lays Off Associates, Staff, And Partners Layoffs Hit Seyfarth Shaw
(DBN)

Tips from a judge on how to become a better legal writer
(DBN)

Enduring Principles for An Effective Partner Compensation System
(DBN)

Will Law Firms "Opt In" to The PACER Fees Class Action?
(DBN)

Are Trump's Endorsements Helping Morgan Lewis? Marketing experts: Morgan Lewis won’t be hurt by SNL’s treatment of its Trump tax letter
(DBN)

Four Unexpected Career Hacks From Big Law's Top Performers
(DBN)

Napping Pods: One Firm's Solution for Tired Lawyers
(DBN)

Microsoft and Cisco Test the Waters With AI In Legal Dept.
(DBN)

Avvo wins default $2 million judgment against alleged creators of fraudulent imitation site
(DBN)

SEC seeks judgment against Simpson Thacher tipster
(DBN)

Diversity In The Legal Profession: The More Things Change, The More They Stay The Same – Until They Don’t
(DBN)

UK client privilege ruling has legal industry on red alert
(DBN)

Law School Once Again Destroys State’s Bar Exam Passage Rate
(DBN)

Juror dismissed from ex-US Rep's corruption case said "Holy Spirit" told him she was innocent
(DBN)

The final act of a $9.5 billion pollution lawsuit against Chevron
(DBN)

Attorney recently ordered to take ethics class gets suspended for hiring disbarred attorney as paralegal
(DBN)

Mitch McConnell suggests Garland as "apolitical professional" to replace Comey at FBI
(DBN)

Trump reportedly asked Comey to shut down Flynn probe
(DBN)

High-Profile Terminations: The Right Way And The Wrong Way To Do It
(DBN)

Cornyn Wisely Decides to Stay in Senate
(DBN)

Did Trump’s disclosures to Russia break the law?
(DBN)

Trump’s top lawyer faces a giant cleanup job
(DBN)

Judges Compare Trump Comment & Travel Ban Trump Admin Lawyer Tries and Fails to Distinguish Travel Ban From Japanese Internment Camp Case
(DBN)

Volkswagen to appeal raid on Jones Day office to Germany's highest court VW Asks Top Court to Bar Prosecutors’ Use of Raid Material
(DBN)

Bill Cosby explains why he doesn’t plan to testify in sex assault trial Bill Cosby Says The Darndest Things
(DBN)

3 Lessons Learned From Litigating A Landmark Case
(DBN)

Top Five Reasons For Solo Or Small Firm Lawyer To Hire A Summer Associate
(DBN)

State Accidentally Abolishes ‘American Rule’ For Attorneys’ Fees
(DBN)

Former prostitute wins $1.7M verdict against lawyer for privacy invasion
(DBN)

Is Your Firm Vulnerable To The Recent Ransomware Attack?
(DBN)

Get ready for new Apple laptops next month
(DBN)

Donald Trump Takes Inspiration From Elle Woods
(DBN)

Trump Should Worry: Comey Memo Describes a High Crime
(DBN)

Oxford student who stabbed boyfriend could avoid jail because of her 'extraordinary' talent'
(DBN)

The 2016 Law Grads Hiring Report
(DBN)

Conan O’Brien Heads Towards Trial for Allegedly Stealing Jokes
(DBN)

Dylann Roof Says The Shootings Were A Year Ago And Family Members Should Get Over It
(DBN)

'A Threat to Civilized Society': This Man Sued His Date for Texting During Movie
(DBN)

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Judges:

Interactive Database Aids the Study of Judiciary Trends
(DBN)

Lawyer who reacted to judge’s ruling with muttered obscenity is suspended from federal practice
(DBN)

Merrick Garland Wisely Stays on Bench Following advice, potential FBI chiefs steer clear of job under Trump
(DBN)

Judge Faces ACLU Ethics Complaint for Not Dealing With Same-Sex Couple Adoptions
(DBN)

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Wall Street:

U.S. stock futures slide as concerns over Trump grow
(DBN)

Nasdaq notches 3- day winning streak; stocks close mixed
(DBN)

Forget Trump, Here's What's Driving Stocks Higher
(DBN)

Dan Niles: Investors need to be prepared for a 10% to 20% correction
(DBN)

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Layoffs:

Ford Slashing Jobs to Raise Stock Price Sorry Mr. Trump: Ford to Fire 10% of Workers Ford Investors, Not Trump, Get the Last Word on Job Cuts Can Trump Actually Bring Jobs Back to Ford? Car Makers, Despite Promises to Donald Trump, Set on Job Cuts
(DBN)

Reports of large-scale Ford job cuts meet indifference on Wall Street
(DBN)

Dick's Sporting Goods cutting over 100 jobs as sales fall short
(DBN)

Layoffs coming for 170 employees of Pacific Pulmonary Services
(DBN)

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Retailing:

Sears just followed through on its CEO's threats and sued a top tool vendor The Hong Kong company behind the Sears lawsuit
(DBN)

Sears has a bigger problem than plunging sales
(DBN)

Rue21 files for Chapter 11 bankruptcy as shopping mall stores suffer Rue21 Joins Growing List of Retailers in Bankruptcy Mall brands are falling like flies: Rue21 just filed for bankruptcy Teen fashion retailer Rue21 files for bankruptcy Rue21 files for bankruptcy , may close more stores
(DBN)

It’s An Uphill Climb for Dick’s Sporting Goods Despite Taking Advantage of Sports Authority Bankruptcy
(DBN)

Rue21 bankruptcy pushes retail default rate higher -- and there’s more stress to come
(DBN)

Dying malls in the US should take note of how China is approaching retail
(DBN)

Money manager bets on a decline in retailers, whose ‘old model’ is doomed to fail
(DBN)

Target stock jumps as retailer blows past Wall Street expectations
(DBN)

This big retailer isn't getting Amazon-ed
(DBN)

Dick's, Citing Retail Challenges, Cuts Back on Store Openings
(DBN)

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Food/Beverage:

Seattle: Local pizza chain abruptly closes after bankruptcy filing
(DBN)

No longer bankrupt , Cosi faces tough road ahead
(DBN)

Marsh bankruptcy filing shows plans for stores
(DBN)

Jewel-Osco Scoops Up Indiana Strack & Van Til Stores
(DBN)

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Resorts:

Mountain Creek files for bankruptcy New Jersey Ski Resort Files for Bankruptcy Closest Ski Area To NYC Files for Bankruptcy Protection After Successive Poor Snow Years
(DBN)

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Solar:

Suniva Requests Global Safeguards For U.S. Solar Industry Under Section 201 Chinese parent not happy with Suniva's petition Baker Botts Lawyers Comment on Impact of Suniva ITC Case on Global Solar Industry
(DBN)

SunEdison comes to terms with unsecured creditors but judge could revise
(DBN)

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Autos:

Auto sales are slowing, and upheaval is next
(DBN)

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Lehman:

Lehman Waterfall I – UK Supreme Court Judgment
(DBN)

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Economy:

Baby boomers are more entitled than millennials — and this research proves it
(DBN)

Markets doubt the economy will be strong enough for two Fed rate hikes this year
(DBN)

Women just aren’t that into the ‘marriageable male’ anymore, economists say
(DBN)

Fast Growth Is Actually a Threat to Trump
(DBN)

Fannie Mae: Consumer spending growth to pick up in Q2
(DBN)

82% of millionaires believe this is the most unpredictable time in our history
(DBN)

Trump was reportedly inspired to hurry up his tax plan after reading a New York Times op-ed
(DBN)

JPMorgan's Dimon defends Trump advisory role, deregulation
(DBN)

McConnell Wants Revenue-Neutral Tax Plan, at Odds With Trump Mitch McConnell just set up a big showdown between GOP lawmakers and Trump over taxes McConnell Sides With Voters in Favor of Deficit-Neutral Tax Reform
(DBN)

Sen. Sherrod Brown urges Trump to take harder stance on China in trade talks
(DBN)

Americans spend most of their money on only 3 things
(DBN)

Industrial Production increased 1.0% in April
(DBN)

This is one reason why the rich will get richer
(DBN)

Are We Back to Selling Out the Poor Again?
(DBN)

Women in 30s now having more babies than younger moms in US
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

Sixth Circuit Court of Appeals Holds Properly Perfected Assignment of Rents Not Property of Bankruptcy Estate
(DBN)

Fact-checking a mogul’s claims about avocado toast, millennials and home buying
(DBN)

Housing Starts decreased to 1.172 Million Annual Rate in April Comments on April Housing Starts
(DBN)

MBA: Mortgage Delinquencies Decreased in Q1, Foreclosures Decreased
(DBN)

UT: Judge clears civil suit against developer Terry Diehl
(DBN)

Mortgage volume drops 4.1% in latest week as younger buyers bail out MBA: "Mortgage Applications Decrease in Latest Weekly Survey"
(DBN)

Goldman Sachs: No bubble for U.S. home prices
(DBN)

25 Million Americans Could Find Mortgage Tax Break Useless Under Trump’s Plan
(DBN)

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Municipalities:

How Did Puerto Rico Go Bankrupt ?
(DBN)

Bond Insurer's Appetite for Puerto Rico Debt Hasn't Waned
(DBN)

Puerto Rico in uncharted waters as historic bankruptcy process begins
(DBN)

Puerto Rico, creditors face off for first time in bankruptcy court Hearings Begin On Puerto Rico Debt Crisis
(DBN)

Puerto Rico's bankruptcy hearing marks reset of asset scramble
(DBN)

Beatrice 6 case could bankrupt Nebraska county
(DBN)

Kroll Bond Rating Agency Releases Research Report: In Bankruptcy Municipal Bondholders are Behind the Eight Ball
(DBN)

$18.5M budget puts Central Falls on ‘path to fiscal responsibility,’ mayor says
(DBN)

S&P lowers Hartford debt rating
(DBN)

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Oil/Gas:

Houston offshore co. prepares to file Ch. 11 to eliminate $430M of debt
(DBN)

Alaska lawmakers set to end cash subsidies for oil companies, but can't decide what to do about bill for $1 billion
(DBN)

GulfMark heads for bankruptcy GulfMark Offshore plans bankruptcy filing
(DBN)

Many U.S. shale producers that filed for bankruptcy have recovered Fallen shale groups refuse to lay down and die
(DBN)

Texas State Sen. Carlos Uresti indicted in scandal uncovered in frac sand bankruptcy
(DBN)

The Struggle Behind Oil's Ups and Downs
(DBN)

Higher U.S. Shale Production Will Drive E&P Earnings Lower
(DBN)

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Hedge Funds:

A struggling hedge fund has reportedly suffered about $1 billion in outflows
(DBN)

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Celebs:

Robert De Niro talks about how he got inside the head of Bernie Madoff for his new movie
(DBN)

New 'Dance Moms' coach Cheryl Burke says girls were 'traumatized' by Abby Lee Miller
(DBN)

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Corporate Reform:

McConnell Downplays Chances of Senate Dodd-Frank Repeal
(DBN)

Wall Street Thinks Trump’s All Talk When It Comes to Breaking Up Banks
(DBN)

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Fraud:

"Brisbane's Bernie Madoff" gets 10 years for $89 million fraud scheme
(DBN)

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Healthcare:

Americans overwhelmingly like Obamacare more than Trumpcare
(DBN)

The percentage of Americans without health insurance hit an all-time low
(DBN)

Miss USA Backtracks on Health Care Remark
(DBN)

‘Fat but fit’ a gross exaggeration, says new study
(DBN)

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Electricity:

FirstEnergy's Annual Meeting Is Quiet while Bankruptcy Rumors Swirl
(DBN)

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Personal Finance:

9 phrases on your résumé that make hiring managers cringe
(DBN)

Americans don’t have a clue how to pay their bills
(DBN)

______________

Nuclear:

Westinghouse inches closer to rejecting construction contracts in bankruptcy
(DBN)

Westinghouse Woes Spread to Duke as North Carolina Wants Answers
(DBN)

Struggling Nuclear Industry Lobbies State Governments For Help
(DBN)

______________

Taxis:

7 Major Safety Tips Before Using Uber
(DBN)

______________

Aviation:

EasyJet Bets on Bigger Airbus Jets After Record Winter Loss
(DBN)

______________

Travel:

Recline and fall: Who owns the space between reclining airline seats?
(DBN)

Trump will likely expand the laptop ban to Europe — and the effect could be massive US, Europe discuss new laptop ban on flights
(DBN)

Airlines make it tougher to find frequent flyer seats
(DBN)

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New Bankruptcy Opinions
(8 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (19 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (10 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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Proofs of Claim:

Midland Funding: Supreme Court Resolves Circuit Split, Holds Bankruptcy Proof of Claim for Time-Barred Debt Does Not Violate FDCPA
(DBN)

A “Pro-Creditor” Supreme Court Decision That Does No Favor for Banks
(DBN)

U.S. Supreme Court Weighs in on Bankruptcy Claims, Fair Debt Collection Practices Act
(DBN)

U.S. Supreme Court Limits Availability of Civil Remedies Against Debt Collectors
(DBN)

Supreme Court Rules That Filing a Proof of Claim on a Time-Barred Debt Does Not Violate the FDCPA
(DBN)

Midland Funding Highlights Peculiar Feature of Wisconsin's Statute-of-Limitations Law
(DBN)

Supreme Court Reverses Bankruptcy Proof of Claim Case
(DBN)

______________

Ch. 13:

BK SD GA Looking At No-Look Ch. 13 Fees
(DBN)

______________

Professional Compensation:

Weil's Fee Gutting in Iowa Leads to 'Bargain-Basement' Billing Concerns
(DBN)

______________

Intercreditor:

Intercreditor Dispute Raises Questions Regarding Authority to Object to Chapter 11 Plan
(DBN)

______________

Means Test:

In Determining Whether Debts are Primarily Consumer or Business Debts for Means Test Purpose, the Terms “Debt” and “Claim” are Synonymous
(DBN)

______________

Mediation:

How a Judge Makes Mediation Work: Minimizing Risks in Close-Call and Winner-Take-All Disputes
(DBN)

______________

Politics:

McCain issues blistering statement about 'deeply disturbing' conversation between Trump and Russians Here’s Why Intelligence Professionals Are Horrified by Trump’s Russia Leak White House damage control: Trump 'wasn't aware' of the source of classified info he revealed to Russia The source of the intel Trump shared with Russia reportedly was warned months ago not to give it to him McCain says Trump’s problems are ‘reaching Watergate size’ Some Trump staffers are reportedly afraid to leave Trump alone in meetings with foreign leaders The 2 biggest reasons why Trump's disclosures to Russia are so 'damaging' The Real Problem With Trump’s Russian Revelation Donald Trump has sucked the lifeblood out of Sean Spicer ‘I hope you let this go’: Bombshell Comey memo reveals Trump asked him to drop Flynn investigation James Comey created records of 'improper' phone calls and meetings he had with Trump 'A major scandal and abuse of power': Bombshell Comey memo could lead to a major escalation in the Trump-FBI saga House Oversight Committee chair on Comey's memos: 'I have my subpoena pen ready' Jason Chaffetz asks FBI for reported Comey memos on Trump Lawmakers are sounding the alarm over reports that Trump tried to squash the Flynn investigation
(DBN)

Elizabeth Warren Has A Real Plan To Drain The Swamp In Washington Warren to Trump: Everyone is Accountable — Even You
(DBN)

That Time President Obama Apparently Disclosed Classified Intel Information
(DBN)

If Trump Ran Your Company, You'd Fire Him
(DBN)

Trump reportedly asked Comey to consider imprisoning members of the press 'President doesn't get to jail journalists': Reporters Committee
(DBN)

______________

Education:

Private colleges are offering tuition discounts at record-breaking rates Only 12% of students actually pay the full sticker price at their private college
(DBN)

These 20 colleges give you the biggest bang for your buck
(DBN)

______________

UK:

Retail Acquisitions declared insolvent
(DBN)

BHS: Chappell exposed as his firm declared insolvent
(DBN)

May Recruiting an Army of Hard Brexiteers
(DBN)

Britain's unemployment rate has fallen to its lowest in 42 years — but wage growth is stuttering
(DBN)

Brexit – one year on
(DBN)

UK court awards £5bn to European Lehman Brother claimants
(DBN)

Sir Philip Green could try and claw back millions from the man he sold BHS to for £1
(DBN)

______________

PIIGS:

Hundreds of Thousands Strike in Greece as Cuts Near Approval General strike brings Greece to a halt
(DBN)

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Canada:

Home Capital Group: Insider Information Determines Fate
(DBN)

______________

Morocco:

Glencore, Carlyle team up to rescue bankrupt Moroccan refinery
(DBN)

______________

Bolivia:

Bolivian Workers Could Take Over Bankrupt Companies: New Bill
(DBN)

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Australia:

Former One Nation senator Rod Culleton required to pay back $200,000 salary
(DBN)

High Court decides that enforcement in a foreign jurisdiction cannot be effected against an Australian bankrupt
(DBN)

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China:

Bankruptcy for Commercial Lenders Edges Closer
(DBN)

______________

MENA:

Israel Shocked at US Western Wall Comments
(DBN)

______________

Taiwan:

Airlines need to inform bankruptcy situation to authorities 60 days in advance
(DBN)

______________

India:

Reforms to Restructuring Plans Under the Joint Lenders’ Forum
(DBN)

Non-bank finance firms cash in on Indian lenders' bad loan pain
(DBN)

Small businesses suffer as India's bruised banks sit on deposits
(DBN)

______________

Caymans:

Offshore insolvency filings decline
(DBN)

______________

Germany:

Insolvency Claw-back Reform Provides Some Relief for Creditors
(DBN)

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