Law:
Associate Bonus Watch: Candy Is Dandy, But Bonuses Are Better • Biglaw Firm Matches Cravath… But Are They Cutting Associate Compensation While No One’s Looking? • Skadden Seems To Be Falling In Line • Will This Biglaw Firm’s Bonus Tradition Wind Up Screwing Associates? • Biglaw Dominoes Are Falling Into Place • Cravath announces bonuses that repeat last year’s amounts; other firms follow suit • This Firm Won’t Give You Anywhere Near A Full Bonus If You Don’t Meet Your Hours Requirements
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Former law firm secretary awarded more than $277K in her overtime suit
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Tucker Arensberg Names New Bankruptcy Shareholder
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US firms invest in bankruptcy litigators
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Barnes & Thornburg Snags Diamond McCarthy Liquidation Pro
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Reed Smith Mulls Structural Changes to London Office
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Holland & Knight Partner Discloses Salary, Clients in Advance of Nomination Hearing
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How To Improve The Accuracy Of Your Legal Research
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Lawyer and the payday lender he advised are convicted
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What Is a Litigation Story? Advice for GCs Preparing Their Company's Litigation Strategy
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Alternative legal services provider Integreon acquires Allegory Law
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DLA Piper Joins 'Freemium' Strategy to Win Startup Clients
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Latham’s litigator love
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Attorney Admits To $50M Chinese Investor Visa Fraud
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Death And Law School Finals
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100 Attorneys Walk Out Of Brooklyn Court Over ICE Arrest
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California lawyer pleads guilty in $50M visa scam
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3 Ways To Drive Clients Out The Door
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A Breakdown Of New York Bar Exam Results By Law School (July 2017)
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Bad News For Junior Partners With No Book Of Business: You Don’t Have Many Options
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Another ex-staffer accuses Conyers of harassment • Black caucus members urge U.S. Representative Conyers to resign • CBS cancels 'Wisdom of the Crowd' after multiple misconduct allegations against star Jeremy Piven • Disgraced Weinstein hit by new lawsuit • Andy Rubin takes leave from Essential as probe into 'inappropriate' Google relationship goes public: Report • Former GOP congresswoman said she rejected harassment settlements • NBC fires Matt Lauer for "inappropriate behavior"
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The Feds just flipped a Turkish gold trader accused of violating US sanctions — and it could spell trouble for Michael Flynn • FreedomWatch Sues to Remove Mueller • When Trump reamed Manafort • Translator From Trump Tower Meeting to With Meet House Panel
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Suit claims rival law firm copied billboard in effort to trick potential clients
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Failure to log Texas shooter's conviction was part of much wider problem
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Oxford grad’s suit claims bad teaching cost him the chance to attend an Ivy League law school • Guy Claims Bad Teaching Prevented Him From Attending Ivy League Law School Doesn’t Know Squat About Ivy League Law Schools
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Panel Throws Out Murder Conviction Because Juror Was Applying to Be an Assistant DA
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15 signs your coworker is a psychopath
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Judges:
Justices frustrated by “gibberish” in statutes
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Senate confirms Trump's 9th circuit court judge
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Gorsuch Comes Out Swinging in Dodd-Frank Whistleblower Case
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U.S. Supreme Court Suspends the Wrong Lawyer Again
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Wall Street:
Dow industrials poised to climb closer to 24,000 milestone • Futures edge higher ahead of Wall Street open as GDP, Fed news awaits
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Stocks close broadly higher
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Don’t count on tax reform to give this historic rally a kick, Oppenheimer says
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JPMorgan: There's still a fortune to be made in the stock market by betting on tax reform
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Goldman Warns Highest Valuations Since 1900 Mean Pain Is Coming
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Trump Deserves Some Credit for the Rally in Stocks
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Layoffs:
375 Million Jobs to be Automated by 2030 • McKinsey: automation may wipe out 1/3 of America’s workforce by 2030 • Robots Are Coming for Jobs of as Many as 800 Million Worldwide
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UnitedHealth to lay off 138 in Delaware
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Autodesk plans to lay off more than 1,000 employees
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Keller warehouse that supplies D-FW Kroger stores hit with 690 layoffs
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Awards:
Who's Who: Restructuring & Insolvency 2018 • Thought Leaders: Restructuring & Insolvency 2018
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Politics:
Trump: The NFL is "Weak and out of control"
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Wilbur Ross is quietly having a horrible week
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Trump reportedly can't let go of the Obama birth certificate conspiracy • Still Questioning Obama Birth Certificate • Report: Trump still raising birther claims, other conspiracy theories
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Elizabeth Warren’s Pocahontas Pickle
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Steve Bannon plans to hit the campaign trail for Roy Moore in Alabama • ‘This is a Spiritual Battle We’re Fighting’
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Clintons understated support from firm hired by Russian nuclear company
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Who's Funding Project Veritas' Failed Stings?
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This Is What a Sidelined President Looks Like
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Autos:
Takata Given Room to Breathe Over Defective Airbags for Now
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Coal:
Trump’s Coal Man Is Racing Against the Clock to Bail Out Plants
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How a bankruptcy filing shielded a big coal company from California's climate-change lawsuits
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California governments to appeal Peabody bankruptcy ruling
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Hotels:
Court grants motion to allow payment of workers on Hotel Northland
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Federal judge rules bankruptcy continues for troubled hotel group
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Owners of Trump hotel in Panama rebel against Trump control
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Telecoms:
US judge clears Avaya Inc to exit bankruptcy
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Mass Torts:
MT: Special court to oversee hundreds of deadly asbestos claims
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Economy:
Powell, sounding a lot like Yellen, promises rate hikes and little policy change • Powell Is Willing to Search for More Heat in U.S. Labor Market • Trump's Fed Pick Deflects Tax-Cut Queries but Worries About U.S. Debt • Big Questions for the Fed, But Senators Didn't Press Powell • Powell on board with December rate hike • The Fed May Be Smart to Skip a Rate Hike in December • Trump’s Fed chair nominee says Wall Street regulations are ‘tough enough’
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Richmond Fed: "Fifth District Manufacturing Activity Saw Robust Growth in November"
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5 Charts Show the Strength of the Recovery
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Consumer confidence at 17-year high
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Senate committee advances GOP tax bill, moving closer to floor vote • Senate Republicans shove tax bill ahead as Democrats fume • CEOs Will Pass Tax Cuts to Investors, Undercutting Trump’s Jobs Promise • The GOP tax bill just cleared another huge hurdle • It's Not Pretty, but It's Progress for the GOP Tax Plan • Dow rises 250 points as Senate takes step toward tax reform • As Senate wrangles, Goldman sees better than 50 percent odds for new tax law • Tax bill is 'terrible,' won't do 'much of anything for growth,' says economist Joe LaVorgna • GOP tax plan is 'more of a tax rearrangement than a tax cut,' says Jim Bianco • Bogle Says Tax Bill Favoring Business Is a ‘Moral Abomination’ • Bob Corker: I Won't Damage the Nation Over Taxes • Corker: Here's what it will take to get me to vote for the tax bill • Corker Gets Off High Horse: Yes to Tax Bill • Republican Victory May Rest Once Again With McCain, This Time on Taxes • Do Pass-Throughs Really Need a Bigger Tax Break? • Tax Plan Gains Steam After Trump ‘Lovefest’ With GOP Senators • America is in crisis. The Republican tax plan will make that worse • Senate Republicans are getting closer to passing their enormous tax bill • Phony Populism and the Tax Bill • The GOP tax bill now looks like it will pass — but it could still get tripped up by the details • How taxes could go up via the ‘trigger’ sought by Corker and other senators • Donald Trump is going to build a big, beautiful deficit and rely on China to help pay for it • The GOP tax bill remains hazardous for senators worried about blowing up the deficit • Republicans won't make themselves look 'small' by sinking tax bill: Norquist • Ticking Time Bombs in Tax Bill • The Crooked Economists Behind the Tax Bill • ‘Dear colleagues, please explain your letter to Steven Mnuchin’ • Taxes and growth – a cautionary graph • A wild card expected Wednesday could put the Senate GOP tax bill in jeopardy
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Kansans: Don't Take Failed Tax Plan National
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Democrats cancel meeting after Trump says 'I don't see a deal' to prevent government shutdown • Shutdown Odds Rising: 'Chuck and Nancy' ditch meeting with Trump after Twitter attack • Trump shutdown threat puts Washington, economy on uncertain course
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Tax reform rush and shutdown threat make for a messy December in Washington • Democrats Hold Cards on Year-End Talks With Trump, GOP
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OECD sees global economy strengthening
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Boom Times Return for the Global Economy
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Forget New York — millennials are flocking to these 11 US cities in droves
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The happiest countries pay some of the highest taxes in the world
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Visualizing Your Country's Debt Per Capita
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Diplomats Try to Save World Trade System After Trump Vetoes Judges
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Manufacturers Speak on NAFTA Future
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Here’s all the money in the world, in one chart
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The Coming War on American Consumers
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Mapping the Fiscal Burden of Illegal Immigration on the United States
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US Debt Clock
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World Debt Clock
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Real Estate:
MBA: Mortgage Applications Decrease in Latest Weekly Survey
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Zillow Case-Shiller Forecast: More Solid House Price Gains in October • Case-Shiller: National House Price Index increased 6.2% year-over-year in September • Home Prices in These Eight U.S. Cities Are Soaring
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Lenders make it easier for first-time buyers to obtain mortgages
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Rich San Franciscans Get Their Street Back
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Municipalities:
GOP Tax Plan Would Batter Puerto Rico’s Economic Backbone
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A massive exodus of Puerto Ricans is on its way to Orlando
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San Juan Mayor: NYC Was First To Answer Call for Help After Hurricane Maria
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Bernie Sanders has a $146 billion recovery plan for Puerto Rico •Sanders proposes lifting Medicaid cap for Puerto Rico
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Fiscal Crisis And Corruption Loom Over Virgin Islands Federal Hurricane Money
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CA: Brown, with nothing to lose, defies unions on pensions
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Next CalPERS Victim: Pushing City of Monrovia Into Bankruptcy
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One year later, Michigan legislature again tackling retiree health care
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Moody's Warns Cities to Address 'Climate' Risks or Face Downgrades
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Oil/Gas:
Lenders Could Force EXCO Resources Into Bankruptcy
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Breitburn Energy Partners LP Reaches Agreement in Principle Regarding Amended Plan of Reorganization
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Forget OPEC, Putin Is Calling The Shots In Global Oil
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Pressured For Profit, Oil Majors Bet Big On Shale Technology
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Healthcare:
How Trump has reshaped the ACA
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The ACA's individual mandate at death's door, again
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Why a new GOP idea won't solve biggest problem with repealing Obamacare's mandate
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A Hospital Charged $1,877 to Pierce a 5-Year-Old’s Ears. This Is Why Health Care Costs So Much
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Seven Ways Patients Can Protect Themselves From Outrageous Medical Bills
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Festivals:
Ja Rule On Hook for Fyre Fest Debts, Per Bankruptcy Trustee Request
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Celebs:
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Taxis:
Ex-Uber staffer says in bombshell letter that the company had a unit dedicated to stealing trade secrets • Judge Halts Waymo-Uber War, Suggests Cover-Up by Uber
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Uber’s net loss widened to $1.46 billion last quarter, SoftBank reveals
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Currency:
The Magic of Mt. Gox: How Bitcoin Is Confounding Insolvency Law
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Bitcoin clears $10,000 • Bitcoin sees sudden, sharp spike after smashing through $10,000 • Novogratz: Cryptocurrencies like bitcoin are ‘going to be the biggest bubble of our lifetimes’ • As bitcoin passes $10,000, experts consider whether cryptocurrencies will crash or carry on • Elon Musk denies he is the mysterious bitcoin creator Satoshi Nakamoto • Tesla Owners Are Stealing Power To Mine Bitcoin
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Student Debt:
Americans Have $1.4 Trillion in Student Loan Debt—But Who Gets All That Money?
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Why the government wants to make applying for financial aid like shopping at Amazon
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Entertainment:
The Weinstein Co. Dodges Asset Freeze Amid Legal Fight
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(5 new opinions today - DBN)
Bankruptcy Court Web/Pacer Site Directory
Chapter 7, 12 & 13 Private Trustee Locator
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Recent Ch. 11 Filings (19 new filings today)
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Recent Ch. 11 Adversary Proceeding Filings (9 new filings today)
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Bankruptcy Code (html) - Bankruptcy Code (pdf) • Prior BK Codes (pick year from list) - Bankruptcy Rules
(large downloads)
UCLA-LoPucki Bankruptcy Research Database
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Bankruptcy Jobs:
(1) • (2) •(3) •(4)• (5) •(6) •(7) •(8)
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Seminars - (Contact us to list your seminar)
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Fiduciary Duty:
Fifth Circuit Rejects Breach of Fiduciary Duty and Fraudulent Transfer Claims
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Mediation:
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Ch. 13:
First-Ever National Chapter 13 Plan and Amendments to Bankruptcy Rules
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BK SD NY: Adoption of Model Chapter 13 Plan and Confirmation Order effective December 1 2018
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Insurance:
State takes over Guarantee Insurance while Patriot National announces bankruptcy plan
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TBTF:
Trump Team to Recommend Keeping Dodd-Frank Liquidation Power
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Ipso Facto:
Connecticut Supreme Court Defines Bankruptcy Effect on Contracts
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Marijuana:
Why Marijuana Assets May Not Be Administered in Bankruptcy
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Bankruptcy Crimes:
Hershey man pleads guilty to bankruptcy fraud
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Hotels:
Hampton Inn going up for auction
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Retailing:
New York & Company acquires bankrupt plus-size retailer
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Americans spent a record $6.6 billion on Cyber Monday — here's what they bought
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174 million Americans turn up in stores and online over holiday weekend
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Disgraced American Apparel Founder stages retail comeback
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"No Magic Bullets" During the Retail Evolution
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How Macy’s Became One of the Last True Department Stores in America
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Thanksgiving Week Consumer Spending on Par With 2016
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Corporate Reform:
Judge denies restraining order to halt Mulvaney's appointment as acting CFPB director • Judge refuses to block Trump’s pick in leadership dispute at federal consumer agency • Even before court victory, Trump’s pick to lead consumer watchdog began reshaping agency
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Study finds CFPB would be de-clawed if House bill becomes law
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What The Upheaval At A Federal Consumer Watchdog Could Mean For Students
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UK:
Insolvency risk heightens for agriculture firms
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Interests of bankrupt's creditors remain paramount
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What does going into administration mean and which UK companies have gone bust? From P&H to Monarch
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North East insolvency risks continue to rise
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Palmer & Harvey: How many jobs are at risk from the supplier going into administration? • Jobs cut as UK wholesaler Palmer & Harvey enters administration
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Britain has reportedly reached a €45-55 billion divorce bill deal with the EU • Britain Agrees to Pay Brexit Divorce Bill
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Rising household debt and stagnant pay major threats to UK
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The value of UK property has grown £2 trillion since the financial crisis
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Call to scrap draconian jail sentences for council tax debt
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PIIGS:
Take up in Greek bond swap offer hits 86 percent, initial results show
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India:
India Restores Faith in Capitalism
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Debt resolutions will drive NPA recovery in next one year
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Not only companies, even jobs face liquidation due to insolvency ordinance • Several promoters to move SC against changes in code • Stumbling blocks aplenty as IBC Ordinance gets underway
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Does The New Bankruptcy Bill Warrant Fear?
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Why was no action taken against loan defaulters during UPA govt, asks Jaitley • Arun Jaitley defends IBC ordinance, says no loan waiver for big defaulters
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With the new bankruptcy law, the lender-borrower experience is set to change
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Reliance Com lenders to discuss Chinese bank's bankruptcy push
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Independent directors in a fix after SC order on asset transfer in Jaiprakash Associates case
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Prime Minister Modi is getting one big reform right
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Between the frying pan and fire: NPA mess leaves Modi with few choices
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Brazil:
Brazil regulator bars Oi's "ruinous" restructuring plan
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China:
Huishan Dairy Creditor Targets Units With Bankruptcy Application • Creditors file bankruptcy plea against two China Huishan subsidiaries
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MENA:
Saudi prince freed after reportedly paying more than $1 billion
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Ukraine:
Deposit Guarantee Fund last week sold insolvent banks' assets
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Australia:
A change in the Australian restructuring landscape
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Germany:
Lufthansa CEO to meet with EU on Air Berlin deal: source
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