November 20, 2017

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Law's Uber moment yet to occur
(DBN)

US law firms see revenues decline
(DBN)

Q&A: Behind the Scenes of a Big Law Rebrand
(DBN)

King Kong Is Coming To Crush Your Practice With A Calculator
(DBN)

Husch Blackwell announces 40 lawyer exit
(DBN)

Law grad with criminal record can sit for state bar, Washington Supreme Court rules
(DBN)

ABA Proposes Changes To Law School Accreditation Standards
(DBN)

Cornell Law Prof: I Never Thought The Anti-Free Speech Mob Would Come Me. Until They Did.
(DBN)

Ropes & Gray's Next Chair Will Be a Woman
(DBN)

This AI Aims to Be a 'Law Firm Without Lawyers'
(DBN)

AI will replace lawyers in fraud cases, director predicts
(DBN)

The 'Trump Bump' Grows As College Grads From Both Sides Of The Political Spectrum Flock To Law School
(DBN)

Attorney Pundits and the Perils of Going On-Air
(DBN)

Look Who's Not on That Gay-Friendly List
(DBN)

The Long Road To Meaningful Diversity
(DBN)

How People-Pleasing Holds Lawyers Back
(DBN)

FYI Lawyers: Always Back Your People
(DBN)

Mind Your Ps and Qs This Holiday Season, Young Attorneys!
(DBN)

Venable Accused of Helping to Destroy Evidence
(DBN)

Widow of Grateful Dead's longtime lawyer auctions rare items
(DBN)

Why incompetent people often think they’re actually the best
(DBN)

Citing 'Rule of Law,' Jeff Sessions Brings Changes to DOJ Guidance Policy
(DBN)

Mueller may be close to wrapping up a significant part of the Russia investigation White House braces for long Mueller winter Kushner received emails from Sergei Millian — an alleged dossier source who was in touch with George Papadopoulos Senate panel tells Jared Kushner’s lawyer he failed to provide WikiLeaks emails Jared Kushner’s lawyer is firing back against senators over documents request Donald Trump Jr.'s 2016 trip to Paris for lunch with Moscow-linked couple remains a puzzle British publicist who arranged Don Jr’s Trump Tower meeting set to speak to Mueller ‘in the near future’ Sessions Jokes About Meetings with Russians Papadopoulos: Trump Promised Me the Moon
(DBN)

CA: Rampage killer's repeated weapons violations were never reported to prosecutors, district attorney says Gun owners are getting around legal restrictions by making their own 'ghost guns'
(DBN)

91 On Harvey Hitlist How A Few Billionaires Protested Weinstein Olympic medalist Gabby Douglas tells women to 'dress modestly' in response to a former teammate's assault allegation California Senate leader moves to suspend Sen. Tony Mendoza from committee posts after harassment allegations Dem lawmaker wants Capitol Hill sexual harassers exposed after $17 million payouts revealed Al Franken is Just the Beginning Franken to be Edited Out of Letterman Tribute Al Franken Should Resign Immediately Female former staffers of Al Franken come to his defense Questions on Franken's Ethics Probe 'SNL' Takes Aim at Alum Al Franken The price of being a predator Trump’s selective outrage on creepy men Amid national focus on harassment, Trump moves unscathed This is the best way to get revenge on your abusive ex-partner Moore and Franken: History, Law on Their Side Russell Simmons and Brett Ratner face new allegations of misconduct LAPD investigates two dozen cases tied to Hollywood Why harassment training doesn’t stop harassment Next wave of D.C. harassment allegations anticipated
(DBN)

Political donations to prosecutors under scrutiny in New York
(DBN)

The Menendez trial revealed everything that's gone wrong with US bribery law
(DBN)

Wife's death blamed on 'accidental' gun discharge during s--
(DBN)

Disbarred Atty, 2 Others Get Prison For Auto Loan Scheme
(DBN)

FBI’s latest crime report missing nearly 70 percent of its usual data tables
(DBN)

Cult leader Charles Manson dies at 83 after prolonged illness Where Are the Manson Family Girls Now?
(DBN)

Jerry Jones Makes Bizarre Comment About ‘A Black Girl’
(DBN)

Veteran, Gun Owner: Myth of Good Guy w/ Gun
(DBN)

The 22-year-old billionaire who is Norway's richest woman has been fined £23,000 for driving drunk
(DBN)

Border Patrol agent dies from injuries in Texas
(DBN)

Jury Scams Target Even Unlikely Victims
(DBN)

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Judges:

Trump adds five names to list of Supreme Court candidates
(DBN)

Judicial appointments are the sleeper story that matters
(DBN)

Ohio Supreme Court justice boasts of bedding ’50 very attractive females’ as he prepares to run for governor Ohio high court justice condemns sexual-indiscretion ‘feeding frenzy,’ defends ‘heterosexual males’ Pols slam Ohio justice's "crass" Facebook post bragging about sexual encounters with "very attractive females" Judge Doesn't Regret Post About Hot Women He's Slept With
(DBN)

The Next Frontier for Virtual Reality: Courtrooms
(DBN)

Grassley schedules hearings for two appellate judicial nominees despite blue-slip objections
(DBN)

‘Judges wear robes, not capes,’ Gorsuch says in Federalist Society speech
(DBN)

Another Texas Judge Reprimanded for Shaming Jurors
(DBN)

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Wall Street:

U.S. stocks face another down day as risk to Merkel worries investors Futures point to a weak open on Wall Street, as earnings, data looms
(DBN)

Dow and S&P 500 post first 2-week losing streak since August; tax reform worries linger
(DBN)

One of the top recruitment firms on Wall Street published its annual compensation guide for traders — and it's not pretty
(DBN)

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Layoffs:

145 Disney employees laid off
(DBN)

Medical waste firm Stericycle lays off hundreds of workers
(DBN)

CenturyLink eliminates 165 jobs
(DBN)

Memphis-based Fred’s sheds at least 90 jobs
(DBN)

Fired Tesla Employees Remain Troubled
(DBN)

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Autos:

Former GM exec calls Tesla a 'losing enterprise,' and says it's 'going out of business'
(DBN)

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Travel:

Las Vegas flight 'buzzes' in ten-hour trip from hell
(DBN)

These Three Industries Are Giving Airlines Lots of Money
(DBN)

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Student Debt:

Unpaid Student Loans Mean You Can't Work
(DBN)

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Personal Finance:

Here’s how to teach your kids about money
(DBN)

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Mass Torts:

Asbestos attorneys drive another company into bankruptcy
(DBN)

Jurors reject claim that asbestos in talcum powder caused mesothelioma
(DBN)

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Currency:

Three years after the Mt. Gox collapse, more than 24,000 customers have not recovered their money, and it is unclear when they will
(DBN)

Karpeles Suggests Potential For MtGox Revival Karpeles Looks to Revive MtGox, Seeks $245 Million
(DBN)

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Bankruptcy Crimes:

Middleton lawyer sentenced to probation in scheme, but deserved prison, judge says
(DBN)

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Hotels:

Al J. Schneider Co. asks court to dismiss Embassy Suites bankruptcy claim
(DBN)

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Newspapers:

Biggest loser
(DBN)

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Debt Relief:

Feds sue nation's largest debt-relief provider
(DBN)

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Metals:

Real Industry Files for Chapter 11 Bankruptcy Protection
(DBN)

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Debt Collection:

Arkansas ‘Debtors’ Prison’ Case Settles With New Court Procedures
(DBN)

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Aviation:

Hundreds of Island Air employees look for work with former competition
(DBN)

Zetta Jet says hopes to emerge from Chapter 11 in Feb 2018?
(DBN)

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Education:

Disruptive Innovation? More Like Destructive Innovation.
(DBN)

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Telecoms:

Rural-Phone Crisis: $48 Billion of Junk Debt Hangs Over Industry
(DBN)

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Economy:

A key recession indicator is getting closer to the danger zone — and the Fed can't ignore it
(DBN)

Trump's New Fed Chair Won't Be Afraid of Trump
(DBN)

Overall Household Debt Approaches $13 Trillion in Third Quarter
(DBN)

BLS: Unemployment Rates Lower in 12 states in October; Alabama, Hawaii and Texas at New Series Lows
(DBN)

U.S. manufacturing can come back — but be clear about what that means
(DBN)

Why this U.S. recession signal is probably throwing off a false alarm
(DBN)

Productivity still matters for worker paychecks
(DBN)

The GOP tax plans could potentially put a big burden on attorneys, affect the availability of legal services Can't Follow the Tax Debate? Then Read This Should the Upper Middle Class Take the Biggest Tax Hit? Republicans want to give rich people a tax cut on private school tuition Industry Defends Senate Tax Bill's Private Jet Fee Exemption GOP Plan is the Opposite of Tax Reform Trump open to dropping health-care provision in Senate tax bill, aide says Senate Plan to Raise Taxes on the Poor Why a Republican owner of a booming business says he wants a tax cut (and what it says about the GOP’s biggest goal) Sen. Orrin Hatch: I’m “sick and tired” of Democrats saying this tax plan is for the rich Key GOP Senator Cites Concerns Over Senate Tax Bill Business group to target key GOP senators over tax plan deficit spike The Devil Is in the Details: Differences That Could Doom the Tax Bill U.S. tax plan could cause sugar high, then economic slump GOP Tax Bill is for Idiots Contrary to Trump tweet, Senator Flake still undecided on tax bill Collins Says Tax Plan Passed by Senate Committee Needs Work Why a Firm Believer in Tax Cuts Could Derail the Senate Tax Cut Plan 10 Senators Who Could Determine the Fate of GOP Tax Plan This Tax Bill is Extremely Unpopular Senate Shouting Match Over Tax Bill Oklahoma Tried That GOP Tax Plan Texas wind energy projects worth about $11 billion in limbo after U.S. House tax vote Bill: Trumps Could Save More Than a Billion The Republican tax bill is far, far, far worse than it had to be Senate's Tax Bill Facing Troubles 4 Senators in Talks That May Kill Tax Reform Dow and S&P 500 post first 2-week losing streak since August; tax reform worries linger Republican Tax Bill is in Serious Trouble There's Already a "Postcard Tax Return" -- So Why Don't More People Use It? The G.O.P. Is Fooling Itself on Taxes The breakneck speed of the Republican tax bill is angering Democrats and increasing the odds it passes The Business Tax Problem Causing Trouble for the GOP Wall Street Executives Fear Tax Plan's Blowback In towns and cities nationwide, fears of trickle-down effects of federal tax legislation Why We Urgently Need to Cut the Corporate Tax Rate Overlooked Passage In GOP Tax Bill Would Gouge Gig Economy Workers
(DBN)

Congress is counting on America having 'amnesia' about Reagan's 'voodoo,' Yale expert says
(DBN)

Trump Wants Big Infrastructure Projects Infrastructure Projects Fail in Large Numbers
(DBN)

CA: Brown Signs $15 Minimum Wage Bill
(DBN)

US Releases Updated List of Tough Objectives for NAFTA Trump Warned of Political Pain Over NAFTA NAFTA Talks Failing as Canada, Mexico Say No Way NAFTA’s Renegotiation Risks National Security
(DBN)

Nissan Hints at Building New US Plant
(DBN)

Goldman Sachs says if you thought 2017 was surprisingly good, just wait for 2018
(DBN)

You’re probably not saving enough for retirement ... and that’s OK
(DBN)

Rich people say you need at least $100 million to actually feel rich
(DBN)

This is why millennials can’t have nice things (or save any money)
(DBN)

How the list of America’s most valuable companies has changed over 100 years
(DBN)

This is why you shouldn’t count on Social Security
(DBN)

A selloff in junk bonds may not spark a crash, or a recession, says Deutsche Bank
(DBN)

The top 0.1% of American households hold the same amount of wealth as the bottom 90%
(DBN)

The true cost of opioid epidemic tops $500 billion, White House says
(DBN)

Has US Household Growth Slowed, and If So, Why?
(DBN)

9 Board Members to Leave GE
(DBN)

A theory of cycles suggests a new golden economic age
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

Company Seeks Value for Bankruptcy Estates Through Short Sales
(DBN)

Tax plan could hurt homeowners and create credit risk in high tax areas
(DBN)

Early Read on Existing Home Sales in October
(DBN)

Housing Starts increased to 1.290 Million Annual Rate in October
(DBN)

MBA: Mortgage Delinquency Rate increases in Q3 mostly due to Hurricanes
(DBN)

Mobile Home Debtors Can’t ‘Ride Through’ Ch. 7 With No Action
(DBN)

Sacramento Housing in October: Sales down 5% YoY, Active Inventory up 2% YoY
(DBN)

Rich millennials are buying homes where they can live near their parents and grow their own avocados
(DBN)

Once-Hot Apartment Construction Is Cooling
(DBN)

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Municipalities:

Why Didn't Puerto Rico Use its "Local Law" Advantage to Reduce its Debt?
(DBN)

How Puerto Rican migrants could tilt Florida's elections
(DBN)

Puerto Rico Power Chief Abruptly Resigns as Congress Weighs Aid The head of Puerto Rico's power utility resigns after the Whitefish debacle Rossello Shows Will to Run Puerto Rico as Power Chief Quits Puerto Rico is still in the dark 'It's a mess': Ex-governor of Puerto Rico slams Whitefish deal as island struggles to restore power
(DBN)

Puerto Rico's DIY Disaster Relief
(DBN)

Trump $44 billion disaster request puts off Puerto Rico demands White House Requests More Disaster Aid but Also Seeks Cuts as Deficits Rise
(DBN)

Lin-Manuel Miranda to Trump: 'We still need your help' in Puerto Rico Lin-Manuel Miranda calls for debt forgiveness
(DBN)

Post Hurricane Maria, Puerto Rico Bonds Sink Into The Abyss
(DBN)

Two months after Hurricane Maria, Puerto Rico struggles to regain electricity and thousands flee the island
(DBN)

Congress faces growing health care crisis in Puerto Rico PR Medicaid Crisis Another Year-End Funding Issue for Congress
(DBN)

Why I'm marching for Puerto Rico
(DBN)

Companies barely had to compete for half of the federal contracts awarded in Puerto Rico so far
(DBN)

Demolishing the 'blue model' of bankruptcy
(DBN)

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Oil/Gas:

Haynes and Boone Oil Patch Report Shows $5.6B in Bankruptcies
(DBN)

Rig count jumps up, but only for natural gas
(DBN)

Higher Oil Prices Reduce North American Oil Bankruptcies
(DBN)

Are too-rosy U.S. production forecasts depressing prices?
(DBN)

Oil Rises Over 2%, But Shows First Weekly Fall In Six
(DBN)

OPEC oil ministers will face this dilemma when they meet to extend production cuts
(DBN)

AK: Nicolai Creek future remains uncertain
(DBN)

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Healthcare:

Community Health Systems in talks to extend nearly $2 billion in debt
(DBN)

Medicare Part B premiums jumping 23 percent for many retirees
(DBN)

Hidden camera shows nurses laughing as a 89-year-old man dies in nursing home

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Politics:

Megyn Kelly rains hell on ‘tone deaf’ Trump for slamming Franken while ignoring his own accusers Trump and Clinton engage in new war of words over election, harassment allegations
(DBN)

GOP at Jonestown: Is Trump Leading Republicans to Slaughter? Advisors Can Only Show Trump Positive Polls
(DBN)

The Trump Organization sees fortunes fall
(DBN)

The top US nuclear commander said he would resist an 'illegal' strike order from Trump
(DBN)

AL: Minister's Letter Against Roy Moore
(DBN)

Trump to Pay His Own Legal Bills, Set Up Fund to Cover Staff
(DBN)

Panama: Trump Tower's Ties to Crime Bosses
(DBN)

The GOP's Walking Dead
(DBN)

Trumps Kept Clean Taking Criminal's Money
(DBN)

Trump's Judgment Is Debatable. His Sanity Is Not.
(DBN)

‘We dare defend our rights’: Alabama Republicans standing by Moore reflect state’s tradition of defiance Moore's Pastor: It's a Feminist War on Men Alabama's largest newspapers used a huge chunk of Sunday's front pages to endorse Roy Moore's opponent Trump administration officials are getting grilled over whether the president still supports Roy Moore I Know Roy Moore. He's Always Been a Con Man Roy Moore infected with "false religious virus": Evangelicals reject Moore at Alabama gathering Progressive pastors say Roy Moore unfit for US Senate One of Roy Moore's defenders said Mary was a teenager and Joseph was an adult — here's what the Bible says about that Alabama's GOP governor says she plans to vote for Roy Moore For Roy Moore , a Long History of Combat and Controversy The story that highlights an ugly American tribalism Moore Critic: Alabama Senate Race a Battle for Nation's Soul Roy Moore Is Not The Cure For Judicial Supremacy Roy Moore cashes in after he's accused of chasing high school girls 11 scenarios for how the Roy Moore saga could play out Opinions clash in Roy Moore's home town: 'There's a lot of rumors in small-town Alabama' Why Alabama kicked out its 'Love Gov' but might still vote for Roy Moore Alabama Senate race likely won't be certified until late December Misconduct claims roil Alabama senate campaign, divide women Sen. Lamar Alexander: Roy Moore is a problem for the GOP majority
(DBN)

Jeff Flake caught on hot mic: GOP is "toast"
(DBN)

Americans Not as Divided as You May Think
(DBN)

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Consumer Finance:

Senators OK with 350% Payday Loans
(DBN)

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Nuclear:

Toshiba plans to sell US nuclear division Westinghouse and raise £4bn
(DBN)

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New Bankruptcy Opinions
(6 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

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

Recent Ch. 11 Adversary Proceeding Filings (51 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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Avoidance Actions:

Attorneys allege fraudulent transfers to Hatzenbeller family before bankruptcy
(DBN)

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Discharge:

22-Year-Old Bankruptcy Discharge Doesn’t Bar New Injury Claims
(DBN)

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Bankruptcy Rules:

New Amendments to Bankruptcy Rules Could Have a Major Effect on the Rights of Secured Creditors
(DBN)

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Discovery:

No 2004 Discovery Allowed When There is a Pending Proceeding
(DBN)

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Trustees:

BK ND GA Seeking Ch. 7 Trustee For Atlanta
(DBN)

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Equity:

Doing Equity in Bankruptcy
(DBN)

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Coal:

Climate skeptics and coal boosters gather to cheer Trump — and hold his feet to the fire
(DBN)

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Retailing:

Shiekh Shoes owner says retailer seeks financing to avoid bankruptcy
(DBN)

The Retail Meltdown—How You can Help Your Brick-and-Mortar Clients Thrive
(DBN)

Coming Soon: The First Department Store Bankruptcy Since the Great Recession?
(DBN)

Wall Street finally made an ETF to bet on the retail apocalypse — but it's too late
(DBN)

The Retail Apocalypse And Mall Die-Off Goes From 'Big Short' To Contrarian Buy
(DBN)

Walmart is making a mockery of the retail apocalypse — and traders are betting it'll keep soaring
(DBN)

Sears needs more than Black Friday to be saved
(DBN)

Retail Space and Sales in the U.S. Compared to Other Countries
(DBN)

The pain ahead for brick-and-mortar retail chains
(DBN)

Gap Can't Afford More Gap Years
(DBN)

One chart shows how terrible a decision it has been to bet against Amazon
(DBN)

Why Is New York Full of Empty Stores?
(DBN)

The Surprising Impact of Your Neighborhood Dollar Store Poor or rural adults view dollar stores more positively — but not suburbanites
(DBN)

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Disruption:

Wal-Mart, J.B. Hunt are among the first to order the Tesla semi truck
(DBN)

Profits don't matter for investors anymore, only whether a company can beat Amazon or Netflix
(DBN)

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Weather:

Trump Disaster Assistance Request Draws Bipartisan Criticism Texas Republicans slam White House over disaster relief request
(DBN)

Disaster claims soar in year of calamities
(DBN)

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Autos:

Analysts: Tesla Will Run Out of Cash Again? Tesla Keeps Scaring the Other Automakers Tesla's Truck Is All About the Journey Tesla Investors Are Losing Patience
(DBN)

Two-Thirds of U.S. Vehicles With Takata Air Bags Still Not Fixed U.S. rejects Ford petition to delay recall of three million vehicles
(DBN)

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Corporate Reform:

The anti-regulatory environment that Trump promised just got a big boost
(DBN)

Wall Street Wants the CFPB Dead and Buried
(DBN)

Sen. Warren on the fate of the CPFB
(DBN)

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Celebs:

Michael Vick Has Paid Back Nearly $18M in Debt
(DBN)

"I was the no quid chef": Jamie Oliver admits he went bankrupt following the launch of his first book
(DBN)

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Entertainment:

Weinstein Co. Feeling Pressure to Find a Buyer
(DBN)

Female former Obama aide bids to buy out The Weinstein Co. and make it women-led Former Obama Official Wants to Buy The Weinstein Co., Install Majority-Female Board
(DBN)

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Fraud:

Victims still caught in Hatzenbeller's Shoot the Moon fraud scheme Timeline of bankrupt Shoot the Moon restaurant company
(DBN)

SEC Settles Ponzi Scheme Suit Against Ex-NFLer
(DBN)

A Hedge Fund Manager Committed Fraud. Would the U.S. Let Him Go?
(DBN)

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Festivals:

Fyre Festival Trustee Seeks Information From Law Firm, Insurance Broker
(DBN)

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UK:

KPMG appoints Blair Nimmo new global head of insolvency
(DBN)

R3 Midlands calls for urgent corporate insolvency reform in Chancellor’s Autumn Statement
(DBN)

In Britain, billionaires can buy the silence of the judiciary
(DBN)

UK Will Go Nuts Over Brexit Divorce Bill
(DBN)

Preparing Britain's Banks for a Disorderly Brexit
(DBN)

David Davis demanded the RAF fly him to Brexit negotiations
(DBN)

Debt-laden Carillion warns on profit, covenant
(DBN)

UK court finds for Dana Gas creditors in $700 mln Islamic bond case
(DBN)

Philip Hammond claims there are 'no unemployed people' in the UK
(DBN)

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PIIGS:

Struggling Greek businesses cling to recovery hopes
(DBN)

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Russia:

Vladimir Putin could secretly be one of the richest men in the world — an investigative reporter who spent 4 years in Russia explains
(DBN)

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India:

Will provisions of Insolvency & Bankruptcy Code override SEBI Act? Govt forms panel to review insolvency and bankruptcy code Govt to decide on capital allocation based on bank business plans Corporates fret over grey areas in Insolvency Code 'Wilful defaulters must not buy IBC assets' Bad loans in banks could trigger downgrade The Jeopardy of Settlements in Insolvency Cases Vijay Mallya in UK court for extradition pre-trial hearing Lenders file insolvency plea against SevenHills Hospital
(DBN)

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MENA:

Saudi Arabia’s anti-corruption purge is all about life after oil
(DBN)

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Canada:

Defunct payday lender Cash Store accused of disclosure violations
(DBN)

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Japan:

Toshiba set to OK $5 bln injection Monday to stay listed-sources
(DBN)

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China:

China's Huishan Dairy edges toward liquidation
(DBN)

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Venezuela:

The Mastermind Behind Singer's Argentine Bet Warns Venezuela's Oil Company's Debt May be Worthless
(DBN)

Venezuela is going through a messy economic default — here's all you need to know
(DBN)

Venezuela's Debt: Is the Game Afoot?
(DBN)

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Zimbabwe:

How Zimbabwe's economy was brought to the brink of collapse
(DBN)

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