October 19, 2017

The Daily Bankruptcy News

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3-Column Formating

 

Law:

With BLP Merger, Bryan Cave Would Get Bigger. But Will It Be Better?
(DBN)

Two of Dewey's "Secret Seven" receive no-jail sentences
(DBN)

Big Law's Misguided Fascination With Growth
(DBN)

Taking on the World: The Big Four in the Global Legal Market
(DBN)

PwC head of legal services steps down
(DBN)

Law firm cyber breaches could result in huge thefts and insider trading
(DBN)

UK: Billable hours: NQs work harder than mega-earning partners
(DBN)

Another State Lowers Bar Exam Cut Score To Make Pass Rates Soar
(DBN)

Cut score for California state bar exam to stay at 1440—for now
(DBN)

Unpaid Debt as a Disciplinary Violation
(DBN)

ABA partners to provide legal hotline for California fire victims
(DBN)

Temporary restraining order puts suspension of Cowboys’ Elliott on hold again
(DBN)

How To Earn Extra Money While Working At A Smaller Law Firm
(DBN)

California State Bar Makes Radical Shift To Right The Ship
(DBN)

Intelligent people more at risk of mental illness, study finds
(DBN)

The unarmed security guard hailed as a hero after Las Vegas shooting appears on 'Ellen' after mysteriously vanishing
(DBN)

Study Finds Mass Killings Not On The Rise Over Past Decade
(DBN)

An entertainment lawyer explains what legal consequences Harvey Weinstein could face after the sexual assault allegations Amazon reportedly wasted $40 million on a Robert De Niro show it killed after the Harvey Weinstein scandal How Legal Agreements Can Silence Victims of Workplace Harassment Scandals and Outrage Won't End Harassment Could Weinstein Accusations Lead to Delaware Derivative Litigation? It was Bob and Harvey Weinstein against the world. Then they turned on each other
(DBN)

Is Bankruptcy the Best Option for The Weinstein Co.?
(DBN)

1 in 3 singles admit to this e----- act at work
(DBN)

New Concerns Put Spotlight on Vance's Donations From the Bar
(DBN)

How Lawyers Protect the Harvey Weinstein in Your Workplace
(DBN)

Another federal judge has halted Trump's 3rd travel ban Trump's travel ban blocked yet again, this time by Maryland judge
(DBN)

Chad was included in Trump's travel ban because it ran out of passport paper
(DBN)

Jeff Sessions Refuses To Commit To Not Jailing Journalists For ‘Doing Their Jobs’
(DBN)

True-crime parody ‘American Vandal’ provides powerful correlations to actual criminal cases
(DBN)

Government Tells Gay Couple To (Fraudulently) Divorce If They Want To Keep Legal Rights To Their Son
(DBN)

White Cheerleaders Investigated After Screaming: ‘F--- N------’ Over And Over
(DBN)

Sessions Suggests Social Security Employees Can Refuse To Process LGBT Claims
(DBN)

Texas Lawyer Gets 25 Years in Prison for Money Laundering Scheme that Defrauded Law Firms
(DBN)

“Pretty Sure Stank Is Patented,” Lawyer Claims—But It’s Complicated
(DBN)

Law prof who hoped to be a juror learns it is ‘basically impossible’ for a nursing mother
(DBN)

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Judges:

Retired Judge Posner Seeks to Help Pro Se Litigant
(DBN)

Law firm takes bid to disqualify judge for being Facebook friends with opposing council to state's high court
(DBN)

In North Carolina, Republicans Stung by Court Rulings Aim to Change the Judges
(DBN)

Federal judge is excused from new civil cases amid backlog concerns
(DBN)

Judge who told felons if they meet probation requirements so they can vote for Trump in 2020 says she wanted to 'invoke some humor'
(DBN)

Judge rescinds order giving joint custody to father accused of r----- then-12-year-old mother
(DBN)

Securing Judgment Without Notice of Prior Settlement Is Fraud on Bankruptcy Court
(DBN)

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Wall Street:

U.S. stock futures tumble Dow industrials are set to open down triple-digits as stocks pull back from record highs
(DBN)

Dow rises 160 points to close above 23,000 for the first time as IBM posts best day since 2009
(DBN)

Get ready for brutally weak market returns over next decade
(DBN)

Turns Out It'll Be Congress's Fault If the Stock Market Crashes
(DBN)

Bond market flashing warning sign even as stocks rally to new highs
(DBN)

Mnuchin Sees Stock Market Wiping Out Gains If Tax Plan Fails Tax reform failure could cost the market anywhere from 4 to 10 percent, strategist says
(DBN)

If Trump is doing so horribly, why is the stock market doing so well?
(DBN)

The real reason for the 1987 crash, as told by a Salomon Brothers veteran
(DBN)

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Layoffs:

GE expected to release plan to cut thousands of corporate-level jobs
(DBN)

Time Inc. set for another round of layoffs
(DBN)

Blue Apron is laying off hundreds of workers
(DBN)

SeaWorld cuts 350 positions
(DBN)

______________

Politics:

Fox News Poll: Roy Moore, Dem Opponent, neck-and-neck in Alabama Senate race
(DBN)

Poll: Vast Majority of GOP Still Behind Trump
(DBN)

Trump Slams NFL Again Over Taking a Knee 'Everyone should stand for the national anthem,' NFL Commissioner Goodell says
(DBN)

Responses To Trump's Comments About Past Presidents And Gold Star Families: "Deranged Animal", "F----- Liar" ‘Disrespectful lie’: Anger grows over Trump’s claims about past presidents and fallen troops Trump’s newest lie about Obama is causing fury inside and outside the military Trump is battling a congresswoman and a Gold Star family over his condolence call to a soldier's widow Family of slain sergeant says Trump showed disrespect, families of other fallen soldiers say they never got contacted Wilson Has Consoled Constituents For Years White House does not dispute details of Trump's call with Army widow White House walks back Trump claim that Dem fabricated remarks to widow — now says he was ‘misunderstood’ Gold Star father: Trump's words misconstrued Trump offered a grieving military father $25,000 in a call, but didn’t follow through Gold Star Widow: Trump Didn't Call Me Fox host says widow should be grateful Trump called: ‘The president isn’t required to call’ Sanders: Kelly is 'disgusted' by politicization of his son's death
(DBN)

Trump used the phrase 'my generals,' and the military community isn't happy
(DBN)

Trump Trashes Comey Again
(DBN)

MS school named after Jefferson Davis renamed for Obama
(DBN)

The founders of the firm behind the Trump Russia dossier appeared before the House Intel Committee and refused to testify Kushner 'was freaked out about Comey from day one' - and fears Mueller will target decision to fire ex-FBI director Sessions denies being interviewed by Mueller probe Sessions refuses to discuss Trump conversations on Russia Russian Oligarch’s Libel Suit Over Manafort Report Is Dismissed Senators target election meddling with new social media bill Members of Trump's family and campaign staff retweeted a Russian 'troll farm' Jared Kushner Adds Charles Harder to Legal Team As West Wing Pressure Mounts
(DBN)

McConnell wants Republicans to work more Fridays, weekends Republican senators ask McConnell to open Senate 24/7 Trump punts his top priorities to Congress, setting the stage for a year-end showdown
(DBN)

'Don't interrupt me while I'm interrupting you!': Ted Cruz and Bernie Sanders ribbed each other nonstop at CNN's debate
(DBN)

Poll: 46% think media invent stories about Trump
(DBN)

Trump warns McCain: 'Be careful because at some point I fight back'
(DBN)

Branson: I met Trump in the 1990s, and all he talked about was destroying people who wouldn't help one of his bankrupt businesses
(DBN)

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Education:

Dowling College Brookhaven campus to be auctioned Dec. 7
(DBN)

______________

Pharma:

Big Pharma's opioid mess is about to hit the industry—hard
(DBN)

An explosive '60 minutes' investigation prompted a lot of backlash — and it could lead to a law getting repealed
(DBN)

______________

Distressed Investing:

Junk-Bond Traders Are Increasingly Just Buying Stocks
(DBN)

______________

Celebs:

50 Cent Wins Fees In 'P.I.M.P.' Suit Filed During Bankruptcy
(DBN)

AIG urges 1st Circ to let it out of covering cost of defending Bill Cosby in defamation suit
(DBN)

Now Johnny Depp Sues His Talent Lawyer Johnny Depp Is Also Blaming His Lawyer for His Vanished Fortune Johnny Depp Spreads Blame for Vanished Fortune to Showbiz Lawyer Johnny Depp Takes Aim At Ex-Lawyers In Malpractice Suit
(DBN)

______________

Economy:

Fed's Beige Book: "Modest to moderate"expansion, Labor markets "Tight"
(DBN)

Jobs are plentiful for rock-bottom pay across the West
(DBN)

Tens of millions of Americans are being left out of the economic recovery — and it's easier than ever to see who they are
(DBN)

U.S. Industrial Production Since 1967
(DBN)

Trump to announce Fed chair decision in 'coming days': White House
(DBN)

US 10-year yield flashes possible warning: Dallas Fed's Kaplan
(DBN)

Treasury Secretary Steven Mnuchin says the stock market will tumble, if tax cuts aren’t passed Senate Republicans Appear to Have Votes to Pave Way to Tax Reform Why Trump Will Regret Passing Tax Reform Mnuchin Says It’s ‘Very Hard Not to Give Tax Cuts to the Wealthy’ Senate Prepares for Vote-a-Rama on Tax Reform Estate Tax Repeal Could Be Worth $3.5 Billion to Trump and His Cabinet Trump Could Get a $23 Million Tax Cut Under the GOP’s Plan, Study Says Applying the 'Dow 36,000' Discount to Trump's Tax Cuts Key Republican Says There’s a Chance for a Bipartisan Tax Bill Democrats left their big tax reform meeting with Trump extremely dissatisfied Senate Democrats May Force Vote on State Tax Break This Week White House Open to Keeping Part of State Tax Break, Official Says Trump urging House GOP to pass Senate budget as shortcut to tax reform Trump Fact Check: "We're the highest developed nation taxed in the world."
(DBN)

US companies' tax havens are costing the government $100 billion, report says
(DBN)

These States Are the Least Ready for the Next Recession
(DBN)

A stark prosperity gap is crippling the economy — and deepening social divisions
(DBN)

84% of Americans agree that this defines the middle class
(DBN)

169 billionaires ‘too poor’ to make the Forbes list of the 400 Richest Americans
(DBN)

NAFTA Gets a Welcome Reprieve NAFTA Talks at Impasse as US Slams Partners Even Our NAFTA Negotiators Are Unhappy White House, asked if NAFTA is dead, answers: 'Not yet' How Trump Getting His Way on NAFTA Would Reshape the Auto Sector The end of NAFTA ? For car buyers, that means higher prices The United States Gets Put On Blast For Outrageous NAFTA Demands NAFTA talks take acrimonious turn The gloves come off in NAFTA talks US' NAFTA demands: the moronic and the simply misguided Mexico and Canada Throw Barbs at US NAFTA Proposals One economist says the peso could crash by as much as 25% if NAFTA collapses Mexico and Canada to stay in NAFTA if US leaves: Mexican president Top Trump Adviser Blames NAFTA for Infertility, Spousal Abuse Mexico insists reform of NAFTA trade deal must suit all sides NAFTA Isn't Dead Yet, But Trump's Vision Of One-On-One Trade Deals May Be What is Donald Trump's NAFTA plan? Canadian experts take their best guess Canada's stark choice on NAFTA talks Can Congress block Trump if he pulls out of NAFTA ? Trump looks like he's building a case for pulling out of NAFTA Donald Trumpýs poisoning of global trade
(DBN)

Automation is raising pay before it cuts jobs
(DBN)

Amazon caused Donald Trump to lose $400 million in net worth, says Forbes
(DBN)

Wide Partisan Gaps in U.S. Over How Far the Country Has Come on Gender Equality
(DBN)

The best place to start your business is in the South
(DBN)

Credit card rates spurt higher with one at 30 percent
(DBN)

China Sees US Retreating from World Stage
(DBN)

Survey: The Impact of a College Degree on Financial Health
(DBN)

72% of Americans fear a major war in the next four years
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

______________

Real Estate:

BofA Bankruptcy Judge Still Resists Erasing ‘Heartless’ Foreclosure Ruling
(DBN)

Non-Recourse Loan Redux: Turning into Recourse and Back Again
(DBN)

NYC Billionaires' Row Penthouse Foreclosure Auction Is Back On
(DBN)

Trump’s Pick to Run Mortgage Agency Has Helped Lenders Fight It
(DBN)

Housing Starts decreased to 1.127 Million Annual Rate in September Comments on September Housing Starts
(DBN)

AIA: Architecture Billings Index "Backslides Slightly" in September
(DBN)

MBA: Mortgage Applications Increase in Latest Weekly Survey
(DBN)

Rising seas threaten nearly $1 trillion worth of US homes, says Zillow
(DBN)

'The housing market can't take the shock of a natural event,' real estate economist warns
(DBN)

Owner of UES apartment building files for Chapter 11 bankruptcy
(DBN)

Manhattan Retail's Rent Decline Is Accelerating
(DBN)

____________

Municipalities:

Puerto Rico, by the numbers
(DBN)

Puerto Rico's Environmental Catastrophe
(DBN)

‘We have not forgotten you,’: Elizabeth Warren, activists hold rally for Puerto Rico
(DBN)

Puerto Rico leader to seek more relief funds in DC trip Thursday
(DBN)

The island doesn't need new loans. It needs competent hurricane relief
(DBN)

Despite Puerto Rico Disaster, Vulture Firms Relentlessly Seeking Billions in Debt Payments
(DBN)

House panel sets Puerto Rico recovery hearing for Oct. 24
(DBN)

In Puerto Rico, a shortage of tarps and electricity means the misery continues for storm-weary people
(DBN)

Dem Senators write DHS calling for accurate hurricane death counts
(DBN)

Puerto Ricans Suffer Apocalyptic Nightmare After Hurricanes
(DBN)

What America Is Losing as Its Small Towns Struggle
(DBN)

CT: Legislators announce tentative, bipartisan budget deal Possible Bond Rating Downgrade Leaves Municipalities Worried About Roads, Bridges, Schools
(DBN)

3 years ago, Stockton, California, was bankrupt. Now it's trying out a basic income
(DBN)

Why Amazon's new headquarters won't guarantee economic boon
(DBN)

______________

Oil/Gas:

OPEC reportedly favors 9-month extension to output cut deal in bid to boost oil prices
(DBN)

Oil’s Biggest Rigs Head to the Junkyard
(DBN)

Future looks bleak for deepwater drilling after companies scrap oil rigs
(DBN)

Largest Oil Trader Sees Brent at $45 in 2018
(DBN)

U.S. crude, petroleum exports hit new records as China buys more
(DBN)

Venezuela's Oil Quality Deteriorating
(DBN)

Trump's Iran Decision Haunts Big Oil
(DBN)

Total CEO: US Shale Oil Industry To See Wave Of Investment
(DBN)

______________

Healthcare:

BC Healthcare Restructuring Update: R CSR’s O-U-T? Less U.S. Gov’t $$ = More 11s . . . ?
(DBN)

Tulare Heads Back to Court Today, Could Partner with Community Medical, Sante Health
(DBN)

Trump says he 'can never support' a key part of bipartisan Obamacare stabilization deal Alexander: Trump engineered the bipartisan health bill Trump's gripes with ACA bill are his own fault, Schumer says Donald Trump's Obamacare Whiplash Trump’s mixed signals on health care deal White House: Alexander-Murray bill needs to go "further" Trump Fact Check: "The cost-sharing reductions (were) a gift (that) they gave the insurance companies." Calling Cost-Sharing Reduction Payments ‘a Bailout’ Is Misleading Trump is wrong — the government wasn't giving Obamacare insurers a 'bailout' Paul Ryan comes out against Alexander-Murray health care bill States ask court to force Trump to pay Obamacare insurers key subsidies
(DBN)

Trump's Obamacare changes are already causing chaos in the healthcare system
(DBN)

Obamacare premiums were stabilizing. Then Trump happened.
(DBN)

______________

 

Retailing:

Traders are preparing for Amazon to buy Kohl’s — even though Kohl’s says that’s not the plan
(DBN)

______________

Football:

Wall Street is befuddled over plunging NFL ratings
(DBN)

______________

Ethanol:

EPA backs down on ethanol changes
(DBN)

______________

Travel:

Intoxicated United Airlines passenger peed on seatmate mid-flight, lawsuit claims
(DBN)

Turns Out, the Video Wasn’t the Worst Part of United Passenger Being Dragged
(DBN)

______________

Golf:

Company That Owns Eagle Pointe Golf Resort Files For Bankruptcy
(DBN)

______________

Debt Collection:

Washington District Court Adopts Seventh Circuit Analysis Regarding Collection of Time-Barred Debts
(DBN)

______________

New Bankruptcy Opinions
(5 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (24 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (22 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)

______________

Bankruptcy Statistics:

Bankruptcy Filings Decline Is Smallest in Years
(DBN)

Industrial Filings To YTD, By Sector
(DBN)

______________

Avoidance Actions:

American Apparel Preference Actions Filed in Delaware Bankruptcy Court
(DBN)

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Banking:

Don't bank on bankruptcy for banks
(DBN)

______________

Jury Trial:

Waivers of Jury Trials and Lawsuits in Bankruptcy Cases
(DBN)

______________

Litigation:

Your Contingency Fee May Be at Risk if Your Client Files for Bankruptcy
(DBN)

______________

Buses:

Legal brawl with former Charlotte mayor, an ex-governor and a war hero almost over
(DBN)

______________

Food/Beverage:

Owner of Romano's Macaroni Grill Files for Bankruptcy Romano’s Macaroni Grill Files For Bankruptcy Owner of Macaroni Grill hits Ch. 11
(DBN)

Chipotle downgraded by Bank of America on new concern: It's paying employees too much
(DBN)

Napa Valley wine appears to be mostly spared from fires
(DBN)

______________

Autos:

Auto Masters files Large Bankruptcy Case in Middle District
(DBN)

Tesla Firings Were Not About Performance
(DBN)

______________

Coal:

Coal Is Going Down, Even Without the Clean Power Plan
(DBN)

______________

Retailing:

Suppliers’ Dilemma: Partner With Distressed Retailers Or Go Into Battle?
(DBN)

Retail sits vacant in nearly $1B of newly bought Soho real estate
(DBN)

Toys R Us plays with Asian unit IPO
(DBN)

Sears Holdings: This Is The End
(DBN)

America's largest mall operators are flipping the mall business model
(DBN)

______________

Student Debt:

Outside the Box Bankruptcy Solutions for Student Loans Really Exist
(DBN)

______________

Pensions:

State pension funds continue to fall behind. Here's how much you owe
(DBN)

______________

Solar:

If Trump gives in to protection demands, it will drive solar prices higher
(DBN)

______________

Movies:

VidAngel files chapter 11 bankruptcy, buys time to develop new streaming service Utah-based VidAngel files for bankruptcy amid court battle against Disney and other studios VidAngel Uses Bankruptcy Strategy To Fend Off Studios
(DBN)

______________

Telecoms:

Windstream: There's Blood On The Streets
(DBN)

______________

Aviation:

Luxury jet firm owes over 200 creditors
(DBN)

United Airlines lost $185 million due to the hurricanes
(DBN)

______________

Nuclear:

South Carolina agency wants nuclear cost customer refunds
(DBN)

______________

Delivery:

Delivery service Jinn has shut down
(DBN)

______________

UK:

Half a Trillion Pounds Disappear from Britain's Financial Coffers
(DBN)

Brexit could be delayed beyond March 2019, admits minister
(DBN)

UK retail sales growth slows to its worst performance in almost 4 years as Brexit inflation hits hard
(DBN)

The EU is demanding Britain pays billions for pensions before it will agree Brexit
(DBN)

3 charts that show how real wages have fallen to 2006 levels
(DBN)

UK Oil And Gas Costs To Rise 100% If Brexit Fails
(DBN)

UK Banks Involved in South African Money Laundering
(DBN)

These 5 charts show how badly a no-deal Brexit would hurt British consumers
(DBN)

______________

PIIGS:

Spain is going to trigger the 'nuclear option' to end the Catalonian independence wrangle Spain to Move Ahead With Suspension of Catalonia’s Autonomy
(DBN)

______________

EU:

Shining a light on the GDPR – is the insolvency profession prepared?
(DBN)

______________

Canada:

What if NAFTA ended? These would be Canada’s hardest-hit provinces, industries
(DBN)

Quebec passes bill requiring citizens to uncover faces
(DBN)

______________

Belgium:

Attempt to implement pre-pack procedures in Belgium fails
(DBN)

______________

Cuba:

Cash-strapped Cuba makes debt payment to major creditors: diplomats
(DBN)

______________

Bahamas:

Baha Mar Liquidators Decline Extension For Breezes Land Transfer
(DBN)

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Congo:

Hidden debts contribute to crisis in Congo
(DBN)

______________

Germany:

Air Berlin pilots suspended after farewell fly-by
(DBN)

______________

Australia:

Personal insolvencies are spiking in 2017
(DBN)

Shortening Bankruptcy
(DBN)

______________

India:

To protect homebuyers from bankrupt builders, here is what Narendra Modi government is looking to do
(DBN)

______________

Netherlands:

15 Dutch hospitals in serious financial trouble, two on verge of bankruptcy
(DBN)

______________

MENA:

Goodbye and Good Riddance to the Islamic State
(DBN)

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