November 9, 2017

The Daily Bankruptcy News

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3-Column Formating

 

Law:

More work goes in-house as internal legal technology improves
(DBN)

Salary Increases At Elite Litigation Firm Say Associates
(DBN)

A programmer is building a chatbot that will let you sue anyone
(DBN)

Summit Examines Why Seasoned Women Are Leaving the Law
(DBN)

New York Times Fires David Boies Over The Whole ‘Grave Betrayal’ Thing This generational group is the largest in BigLaw David Boies Takes Responsibility For Enabling Harvey Weinstein Super Lawyer Boies Is Entangled in Intrigue Over Weinstein Boies' Mea Culpa Doesn't Cut It
(DBN)

Weinstein Turns to White-Collar Vets for Criminal Defense
(DBN)

The Career Coaches Helping Women Leave Big Law
(DBN)

The 5 Law Firms With The Savviest Social Media Strategies
(DBN)

UK: Locke Lord receives record fine for failure to prevent former partner's 'dubious' actions
(DBN)

Snapshot: Law Firm Revenue per Lawyer
(DBN)

Jerry Jones Is Said to Hire David Boies to Block Roger Goodell’s Contract Bob Costas: The Future for Football is Bleak
(DBN)

Did David Boies push ethical boundaries with dual role for Weinstein and the New York Times?
(DBN)

What Happens When A Prominent Partner Keeps Making Unwanted Advances And Won’t Take ‘No’ For An Answer?
(DBN)

Should Lawyers Advertise Their Fees?
(DBN)

Striking A Sober Balance In Your Holiday Party
(DBN)

Apple's next iPad will have face recognition instead of home button: Report
(DBN)

The Air Force failed to report the Texas shooter's criminal history — and it appears to be a widespread problem in the military Footage of Texas shooting revealed execution-style killings TX. Gunman Had Pending Sex Assault Charge Pence meets with survivors and families of the victims in Texas The FBI can't figure out how to unlock the Texas church shooter's iPhone, and Apple has offered help
(DBN)

Obama arrived for jury duty in Chicago to crowds of fans, only to be rejected shortly afterward
(DBN)

The Legal Loophole That Could Give the Vegas Shooting Victims a Big Payday
(DBN)

The Feds are investigating billionaire Carl Icahn's role advising the Trump administration Carl Icahn subpoenaed over Trump advisory role
(DBN)

Gag order issued in Manafort, Gates case "Low-level volunteer" Papadopoulos met with British diplomat Two Biglaw Partners Urge Trump To Issue Blanket Pardons Is Ukraine What Links Trump to Putin? Michael Flynn is reportedly worried his son could get wrapped up in the Russia investigation Prosecutors Seek Plea Deal With Manafort's Former Son-in Law
(DBN)

Racist graffiti at Air Force prep school written by apparent target
(DBN)

Prosecutors drop case against protester who erupted in ‘chortle of disdain’ during Sessions hearing
(DBN)

Read More Weinstein’s accusers made a Google Doc full of allegations against him
(DBN)

Law Profs Argue Trump Treats Twitter Like A Dictator Would
(DBN)

Dreamer who sued Trump charged with illegally re-entering U.S.
(DBN)

3 common email mistakes that kill productivity at work
(DBN)

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Judges:

Judge Reprimanded For Threatening to Jail Lawyers, Shaming Would-Be Jurors
(DBN)

American Bar Association Deems Another Trump Judicial Pick ‘Not Qualified’
(DBN)

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Wall Street:

 

Small-cap stocks get tripped up — is the broader market rally in danger?
(DBN)

Bank shares are on pace for 4-day losing streak; stocks rise slightly
(DBN)

Goldman Sachs' new managing-director list is out — and it's the largest class in the firm's history
(DBN)

Trump rally: 3rd best since World War II
(DBN)

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Layoffs:

Deutsche Bank CEO suggests robots could replace half the company's 97,000 employees
(DBN)

Capital One to cut 950 jobs
(DBN)

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Politics:

Top Dem claims Trump is "worst president in modern history"
(DBN)

This timeline paints the clearest picture we have yet of Russia's meddling in the US election — and how the Trump campaign reacted Corey Lewandowski walks back denials on Russia claims
(DBN)

Trump's DOJ reportedly demands Time Warner sell CNN — or AT&T deal gets blocked AT&T CEO says he has no intention of selling CNN Why it's complicated for Justice Dept to ask AT&T to sell CNN
(DBN)

GOP lawmaker who mocked the Women's March was defeated by a woman who ran because of his comments
(DBN)

Voters just raised a massive red flag for the GOP's agenda Why Virginia election results aren't a disaster for Trump and the GOP How the White House is trying to spin the 2017 elections Dems see control of Congress in reach after Tuesday’s elections Democrats’ Off-Year Wins Mask Troubles Since Loss to Trump Republicans Get Dragged by Trump's Unpopularity Virginia Win Soothes Democrats and Makes GOP Sweat Tuesday Night Loser: The Overrated Bannon GOP faces wrenching call: Running with or away from Trump What the Virginia and New Jersey elections tell us about public polling and Donald Trump GOP Appears to Have a Suburban Problem What the Hell Just Happened in Virginia?
(DBN)

How People Perceive Trump's Performance Trump's Approval Ratings Masks Core Support
(DBN)

Donna Brazile says Hillary Clinton "cult" lost due to arrogance
(DBN)

NBCUniversal exec says NFL advertisers have threatened to pull out over protests, but none have yet
(DBN)

One of the EPA's newest science experts thinks ‘modern air’ is too clean to breathe
(DBN)

Trump’s Chinese Gas Deal Raises Ethics Issues For Wilbur Ross
(DBN)

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Radio:

iHeartMedia's 3Q loss widens to $248 million as it warns of default risk
(DBN)

iHeartMedia in Advanced Talks to Refinance Loan Coming Due in December
(DBN)


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Education:

Paradise Papers: Oxford and Cambridge invested tens of millions
(DBN)

White, Male Penn Students Called On Last In Some Classrooms
(DBN)

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Pharma:

Central Arkansas drug company files for Chapter 11 bankruptcy protection
(DBN)

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Coal:

Armstrong Energy files for Chapter 11 reorganisation
(DBN)

A year after Trump's win, coal is still losing to renewables
(DBN)

Wyoming proposes stronger rules for coal clean up
(DBN)

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Media:

Time Inc misses revenue estimates as print ads decline
(DBN)

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Lehman:

Don't Forget Dick Fuld's Record at Lehman
(DBN)

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Economy:

Yellen undecided whether to remain at Fed, Mnuchin says
(DBN)

Senate panel sets Nov. 28 confirmation hearing for Fed chair nominee Powell
(DBN)

House Panel Set to Vote on Tax Bill as Senate Weighs In Senate Republican tax plan may eliminate property tax deductions and delay corporate cut House Republicans suddenly have a massive problem with their tax bill GOP's 'class warfare' tactics will doom tax reform Here’s who gets the tax cuts (and who doesn’t) GOP tax cut plan would add $1.7 trillion to the deficit, CBO projects Top GOP senator says election losses could complicate tax reform House Speaker Ryan opens door to delayed corporate tax cut Mnuchin Won't Rule Out Delaying Tax Cut for Corporations House tax bill hearing explodes as Democrat tells GOP member 'we'll settle that outside' during amendment debate The president told Democrats his accountant said he’ll “get killed” by the G.O.P.’s tax bill. The evidence suggests otherwise Sloan: A Tax Bill Only Trump Could Love Tax Bill's Gut Punch to the Middle Class Update: 7% of Americans would get a tax hike under GOP plan GOP Tax Bill Could Wallop Charitable Donations Who really pays the estate tax? Republicans will need to work with Democrats to pass tax reform Tax Bill Offers Uneven Benefits and Hikes for Some, Analysts Say How to Break Out of Our Long National Tax Nightmare Every Taxpayers' Bill for Recent Wars: $23,386 Rich School Endowments Aren’t Taxed. Washington Is Out to Change That
(DBN)

Gary Cohn: Trickle-down is good for the economy
(DBN)

Congress: $700 Billion for the Military
(DBN)

Who Is to Blame for Skyrocketing Consumer Credit Debt?
(DBN)

A year after the election, small businesses are at near-record optimism but give Trump mixed reviews
(DBN)

Repeal of Obamacare Mandate Would Reduce Deficit by $338 Billion: CBO
(DBN)

Seven centuries of interest rates and why Alan Greenspan got it right, in one chart
(DBN)

What happens when you fall out of the middle class
(DBN)

New U.S. Climate Report is In - We just shattered records dating back to 1895
(DBN)

Trump Wants $250Bn in Deals from China Trump and Xi's 'great chemistry' nets $250 billion trade agreements, but friction on North Korea Trump gives China credit for taking advantage of U.S. on trade Trump's $250 Billion China Haul All for Show
(DBN)

USDA Makes Plans for Exit from NAFTA U.S. Proposes Freezing Mexican Trucks Out of New NAFTA
(DBN)

Year-over-Year change in Average Hourly Employee Earnings
(DBN)

Gates, Bezos and Buffett Worth More Than the Poorest Half of US
(DBN)

Where workers are leaving
(DBN)

DHS Nominee: No We Won't Build the Wall
(DBN)

'Is it a time-bomb?': Paul Singer's Elliott Management is sounding the alarm on the global economy
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

Surcharging Collateral: Amazing How Long People Can Fight over Money
(DBN)

Zillow: America's red-hot housing market is a bit of a problem
(DBN)

MBA: Mortgage Applications "Flat" in Latest Weekly Survey
(DBN)

Leading Index for Commercial Real Estate "Recovers" in October
(DBN)

Why the housing market got no Trump bump
(DBN)

As prices rise, this is how much more home buyers need to save for a down payment
(DBN)

How does the Trump tax plan impact real estate investment?
(DBN)

Ocwen To Show Cause Why It Shouldn’t Be Held in Contempt
(DBN)

Las Vegas Real Estate in October: Sales up 13% YoY, Inventory down 32%
(DBN)

Manhattan’s No-Frills Apartments Finally Getting a Bit Cheaper
(DBN)

NYC Penthouse Sold in Biggest Foreclosure Auction
(DBN)

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Municipalities:

Pimco Says Puerto Rico Bonds Looking Better Since Prices Crashed
(DBN)

Trading in Puerto Rico Debt Is at the Highest Level in Three Years
(DBN)

Puerto Rico board, governor take power struggle to Congress
(DBN)

Hurricanes Exposed Decades Of Mismanagement In Puerto Rico
(DBN)

Puerto Rico oversight board blames Jones Act for adding 'additional cost' to recovery
(DBN)

PREPA creditors argue to keep Whitefish contract story in record
(DBN)

Maria will fundamentally change US policy toward Puerto Rico
(DBN)

Six weeks after Hurricane Maria, Puerto Ricans still waiting for help
(DBN)

Puerto Rico Crisis: Bond Insurers Fight To Avoid Paying Claims
(DBN)

The Vultures Circling Puerto Rico
(DBN)

NYC Project Helps Hurricane-hit Artists in Puerto Rico
(DBN)

‘I feel like I’m in jail’: Puerto Rican residents on what life is like two months after Maria
(DBN)

Puerto Rico Sees Hundreds of College Students Leave in Hurricane's Aftermath
(DBN)

Pension Panic In Paradise: Maui Residents Outraged Over 52% Spike In Pension Contributions
(DBN)

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Oil/Gas:

Oil prices drop as rising crude stocks offset falling US fuel stockpiles Oil steadies near $57 a barrel before U.S. crude inventory data
(DBN)

Star witness in Uresti criminal case says 'I trusted him'
(DBN)

Seadrill Rallies As Bondholders Step Up The Game
(DBN)

GulfMark Bondholders Lose Battle With Departing Leaders Over Cash
(DBN)

Will California Ban Gas Powered Cars?
(DBN)

As Oil Booms, World's Top Importer Signals Demand Will Boom Too
(DBN)

Distressed debt funds turn activist to rescue U.S. energy bets
(DBN)

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Healthcare:

Morehead Hospital bankruptcy hearing continues Monday
(DBN)

Genesis Healthcare takes $532 million write-down, warns of possible bankruptcy
(DBN)

Maine's governor is trying to block the state's Medicaid expansion the day after voters overwhelmingly supported it
(DBN)

Donald Trump's health-care report card: Lots promised, not so much delivered
(DBN)

Outcome Health, investors in open war over $225 million
(DBN)

House Republicans consider repealing individual mandate in tax bill: Sources
(DBN)

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Retailing:

Toys 'R' Us Loses GC After Less Than 1 Year, Amid Bankruptcy
(DBN)

Sears: Yeah, It Can Still Get Worse. And Does Sears wins pension contribution relief, sees slimmer loss Sears strikes deal that will allow it to sell properties to fund its pension Sears deal: Retailer can sell another 140 stores to fund pensions as losses mount Sears frees itself from pension contributions for two years Sears Juggles Finances To Free Up Funds Sears posts decline in 3Q revenue due to store closures Sears Holdings same-store sales to drop 15% as company looks for more cash No One Is Shopping at Sears (Still)
(DBN)

Vitamin World to Liquidate, SSG to Advise
(DBN)

DIP Loan Volume Continues to Climb in 2017 Amid Retail Industry Distress
(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 (16 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (6 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:

Bankruptcy Filings Spike in October
(DBN)

BK CD CA: October Filing Data
(DBN)

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Travel:

Passengers reveal the answers to 7 common airplane etiquette questions
(DBN)

TSA Screeners Again Fail Undercover Probe
(DBN)

Flight Attendant Sues United Airlines for Allegedly Not Letting Her Wear Clogs
(DBN)

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Currency:

$300m in cryptocurrency accidentally stolen and lost forever due to bug
(DBN)

Former Bitcoin King Is Bankrupt - And He Could Get Rich Again
(DBN)

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Electricity:

Exelon's power unit files for Chapter 11 bankruptcy
(DBN)

ExGen Texas Power, LLC Files Ch. 11 Bankruptcy in Delaware
(DBN)

GenOn Wins Bankruptcy Battle with Power Plant Owners
(DBN)

Missouri Appeals Court Rules in Favor of Electric Company
(DBN)

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Autos:

Takata creditors seek $30 bln, far more than it can pay - court filing
(DBN)

Uber Won't Upend the Car Industry
(DBN)

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Taxis:

Uber, NASA to Create Electric Flying Taxis
(DBN)

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Entertainment:

Weinstein Company Lenders Hire Lawyers For Potential Bankruptcy Filing Collecting The Shrapnel From The Harvey Weinstein Fallout Weinstein Co. Debt Tops $500 Million
(DBN)

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Rugby:

Samoa Rugby Union face funding crisis after declaring bankruptcy BG distraught by Samoa Rugby Union's bankruptcy England stars set to help Samoa after Pacific Islanders declared bankrupt
(DBN)

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UK:

London court rules Monarch cannot sell airport slots
(DBN)

Burberry shares drop as it warns on sales
(DBN)

Terra Firma to hand over control of Four Seasons to creditors
(DBN)

Taking flight: taxation on receivership
(DBN)

Trump Golf Course May Be Destroying Scottish Sand Dunes
(DBN)

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EU:

PSA Restructuring Plan May Slash Opel-Vauxhall Jobs, Factories
(DBN)

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PIIGS:

Catalonia Independence Bid Shows Signs of Strain
(DBN)

Banco Santander to lay off 2,000 workers
(DBN)

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Canada:

Here’s how Canadians could walk away from their homes if house prices fall
(DBN)

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China:

Debt-ridden parents eat grass on the street to 'entertain' passersby
(DBN)

China Warns on Debt, But Bond Buyers Shrug
(DBN)

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Cuba:

Trump Restricts Travel and Business w/ Cuba
(DBN)

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India:

RBI Hit List Orders India's Banks to Act on Big Companies' Bad Debt
(DBN)

Changes in Insolvency and Bankruptcy Code may increase burden on IRPs
(DBN)

Creditors set sights on corporate guarantors
(DBN)

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Venezuela:

Venezuela's PDVSA makes majority of 2017N bond payment, sources say Venezuela creditors ask derivatives group ISDA if PDVSA is in default
(DBN)

Is Venezuela Fooling Bond Traders? Experts Raise the Alarm
(DBN)

Russia Says Venezuela Accepts $3 Billion Restructuring Terms
(DBN)

Nicolas Maduro Might Have Duped The Bond Market Into Giving Him A Giant Buy-Back Discount
(DBN)

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Brazil:

Brazil's Oi asks regulator for a week to explain new restructuring proposal
(DBN)

Brazil's TIM criticizes China Telecom tactics in Oi bid
(DBN)

Bondholder group asks for court to intervene in board of Brazil's Oi
(DBN)

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Argentina:

Argentina at Mercy of Debt Markets to Fund Reforms, Macri Says
(DBN)

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MENA:

The Saudi Purge Isn’t Just a Power Grab Purge Saudi Arabia: The Ruthlessness of a Crown Prince Billionaires Look to Move Funds to Escape Asset Freeze Saudi Arabia Is Putinizing, Not Modernizing
(DBN)

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Australia:

Steering to Safe Harbour – Changes to Australian Insolvency Laws Herald a New Era for the Turnaround of Distressed Companies
(DBN)

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