October 20, 2017

The Daily Bankruptcy News

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Law:

What Does The Mass Exodus Of Partners At This Biglaw Firm Mean?
(DBN)

Hogan Hires Three Bracewell Litigators in NY
(DBN)

Could The Worst Part About Biglaw Life Actually Change?
(DBN)

Law Firms Opt for Big-Ticket Space as Real Estate Market Shifts
(DBN)

Turnover remains high at law firms, even ones offering better pay and benefits
(DBN)

Ex-Crowell Leader Abruptly Announces She's Quitting Firm
(DBN)

Understanding The Lawyer Generation Gap, Or Millennials Are Way Too Obsequious
(DBN)

3 ways law firms sabotage their own diversity initiatives
(DBN)

Law firms struggle with the digital age
(DBN)

Sellers beware. How 'big data' will shift the balance from law firms to clients
(DBN)

Stand tall in your use of body language
(DBN)

NACBA Executive Director Search
(DBN)

Black Harvard Law School Graduates Flock To Biglaw, Then Flee In Droves
(DBN)

Don’t Be A Jerk, Don’t Be *That* In-House Counsel
(DBN)

SmallLaw Billing Maxims (i.e., Get Paid!)
(DBN)

Lawyer who blamed ethics case on mother can’t discharge $500K in student debt, federal judge rules
(DBN)

Weinstein Company board told of bid interest
(DBN)

As the Weinstein Scandal Sinks in, Where Do We Go From Here? Tarantino on Weinstein: I Knew Enough The LAPD is investigating a new r--- claim against Harvey Weinstein A Behind-the-Scenes Legal Battle at a Nonprofit Foretold Weinstein Saga Weinstein Board Could Face Lawsuits if They Knew of Harvey’s Alleged History, Lawyers Say The allegations against Harvey Weinstein and their fallout Harvey Weinstein doesn’t seem to be taking rehab seriously
(DBN)

How lawyers are challenging nondisclosure agreements that silence harassment victims
(DBN)

Revisiting the Case for Project Management in Legal Practice
(DBN)

Susskind's Job Interview Advice for Law Students Misses Mark, Career Pros Say
(DBN)

Attorney General Sessions tells senators he won’t forswear the jailing of journalists
(DBN)

States w/ Looser Gun Laws Have More Deaths
(DBN)

3 million Americans carry loaded handguns with them every single day, study finds
(DBN)

GA: Bankruptcy attorney suspended from practicing in federal courts
(DBN)

Assistant prosecutors aren’t protected from political firings, 4th Circuit rules
(DBN)

Allegations mount against sleazy lawyers
(DBN)

New moves in Senate on criminal justice reform
(DBN)

Lawyer made staff forge signatures
(DBN)

Federal judge refuses to erase Joe Arpaio’s conviction despite Trump pardon
(DBN)

Florida firms to pay $9.1 million after investigation finds they filed more than 1,250 baseless suits
(DBN)

Ex-Philly DA asks to be released from prison to visit his mother
(DBN)

Lawyer proposed to associate as plane hurtled to ground
(DBN)

School Board Members ‘Shocked’ After Their Own Lawyers Blame Girls for Teacher’s Abuse
(DBN)

Man sues airline because he got sparkling wine not Champagne on flight
(DBN)

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Judges:

Commission urges removal of Baltimore’s chief judge; lawyer argued he was ‘old school’
(DBN)

Justice Tells Why He Lurks but Never Tweets on Twitter
(DBN)

White House Told Court Nominee with Popular Twitter to Behave Himself, Report Says
(DBN)

Profanity-Laden Argument With Fellow Judge Gets Manhattan Justice Demoted
(DBN)

Trump Cries Foul on Judges, but He's Ahead of Obama
(DBN)

Posner asks court to let him help ‘determinedly involved’ pro se litigant with beef against 3 judges
(DBN)

Senate Panel Approves Five for Court, Justice Dept. Posts
(DBN)

The newest Supreme Court Justice is already alienating his colleagues — and it looks like it could get worse
(DBN)

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Wall Street:

Dow, S&P shape up for more records after Senate clears big hurdle to tax reform
(DBN)

US stocks close mixed amid earnings reports
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Layoffs:

43% of tech workers fear losing their jobs due to age
(DBN)

Athenahealth, Inc. Cuts Financial Outlook and 9% of Its Workforce
(DBN)

Solar industry fears for thousands of jobs should U.S. impose import restrictions
(DBN)

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Politics:

Full text: George W. Bush speech on Trumpism George W. Bush: White supremacy is blasphemy George W. Bush : 'Bigotry seems emboldened' in US Resilience is needed in wake of Russian meddling: George W. Bush Russian meddling 'should never be downplayed or tolerated' Bush Slams Russian Effort to 'Exploit Our Country's Divisions' George W. Bush demonstrates the problem with trying to criticize Trump while winning over his voters Bush attacks 'conspiracy theories and outright fabrication' in modern politics George W. Bush's unmistakable takedown of Trumpism — and Trump
(DBN)

Obama blasts 'politics of division' on return to campaign trail
(DBN)

The Essential John McCain
(DBN)

Gallup: Congress Approval Lowest Since July 2016, at 13%
(DBN)

A top House Republican announced he would leave Congress before the end of his term Another Republican's Decision to Retire
(DBN)

Trump Keeps His Focus on Outrage Trump rants at 'Fake Media' for ignoring stories on Russia uranium deal tied to Clinton Trump claimed that he dumped all of his stocks right before the Black Monday crash in 1987 Trump Accuses FBI of Conspiracy Against Him Kelly: I'm "stunned" that Rep. Wilson listened to Trump's call Kelly Lends Trump Credibility The Anguish of John Kelly The moral conscience of Trump's White House He Didn’t Even Have His Facts Right Rep. Frederica Wilson says John Kelly got his facts wrong: 'This has become totally personal' Trump calls lawmaker ‘wacky' and says she told ‘total lie’ about call to Army widow White House says the $25,000 check Trump didn't send to military father is now in the mail Relatives of nine of the 43 military members who have died during Trump's presidency tell AP that they haven't heard from him Gold Star Families Dispute Trump's Claims John Kelly defends Trump's controversial call to a Gold Star family Trump's legal team is battling with Beverly Hills over a hedge Sorry, President Trump. You're No Chester A. Arthur.
(DBN)

CIA director rebuked for false claim on Kremlin's election meddling CIA contradicts Pompeo on Russian interference
(DBN)

Has the Supreme Court Legalized Public Corruption?
(DBN)

Are the Emoluments Lawsuits Dead?
(DBN)

Man admits he lied to Fox News about Navy SEAL service
(DBN)

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Healthcare:

Foundation HealthCare emerges from bankruptcy
(DBN)

TRMC looks to Fresno’s Community Regional Medical
(DBN)

Virginia home healthcare company files for bankruptcy
(DBN)

Why There's No Compromise on Obamacare
(DBN)

Senate largely ignoring Trump's flip-flopping on health care Might insurers get ACA subsidies anyway?
(DBN)

Number of Americans without health insurance up since Trump became president U.S. Uninsured Rate Rises to 12.3% in Third Quarter
(DBN)

IRS to block, suspend tax returns that lack Obamacare disclosures
(DBN)

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Cemetery Services:

Oregon files involuntary bankruptcy against Eternal Hills Memorial Gardens
(DBN)

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Economy:

Trump’s final 5 candidates for Fed chair Trump likes Yellen now, but that won't necessarily help her Trump leaning towards Powell for Fed Chair Bond yields fall suddenly on report Powell in lead to be Fed chief Trump's apparent favorite to run the Fed is a safe bet unlikely to rock markets Trump Advisers Are Leaning Toward Taylor or Powell for Fed Chief
(DBN)

The Only Fed Rule Is That There Are No Fed Rules
(DBN)

Fewest Jobless Claims Since 1973 Show Firm U.S. Job Market Weekly Initial Unemployment Claims decrease to 222,000
(DBN)

CNN poll: Most Americans oppose Trump's tax reform plan CNN poll: Most want focus on making the health care system work Poll: Only one-third back Trump's tax plan House GOP expects budget conference, despite Trump's efforts GOP Jeff Flake: Budget deal is in the bag, tax reform still a question Trump backs GOP budget as step toward massive tax cuts Why tax cuts won't generate as much economic growth as Trump hopes An Independent Thinker's Guide to the Tax Debate Steve Mnuchin is the wrong guy to sell tax reform Corporations to Keep Tax Breaks We Lose Top Senate Republican urges only ‘some’ tax reform this year House, Senate GOP moving toward budget deal to skip conference Senate Republicans approve budget proposal, clearing path to tax overhaul Senate Adopts Budget, Path for Tax Cuts Seen Can Trump Bring Democrats Along on Taxes? Where Trump Will Compromise on Tax Reform Failure on tax cuts really could tank the markets
(DBN)

The industries at risk if Trump quits NAFTA NAFTA Negotiators Trade Barbs Mexican Auto Lobby Rejects NAFTA Proposal
(DBN)

Here's how bad your retirement will be if the government is right
(DBN)

Gallup: Dissatisfaction With Government, Direction of U.S. Persists
(DBN)

2018 State Business Tax Climate Index
(DBN)

How Money Became the Measure of Everything
(DBN)

A quarter of American drivers might be better off using Uber or Lyft than owning a car
(DBN)

Education clearly impacts an individual’s net worth, but it doesn’t put all Americans on an even playing field
(DBN)

US Debt Clock
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World Debt Clock
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Real Estate:

Here’s the latest data on the impact of Hurricanes Harvey and Irma on mortgages Hurricanes Irma and Harvey Drive Surge in Past-Due Mortgages
(DBN)

Fixed mortgage rates retreat after a month of gradual increases
(DBN)

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Municipalities:

Canceling Puerto Rico Debt "Impractical," Says Hedge Fund Billionaire Klarman
(DBN)

Puerto Rico Bonds Were No Bargain Before the Storm… They Still Aren’t
(DBN)

War veterans deploy themselves to help Puerto Rico relief
(DBN)

Trump welcomes Puerto Rico governor to White House Puerto Rico seeking more relief funds in DC trip Thursday Governor of Puerto Rico wants 'equal treatment' from Trump Trump on his Puerto Rico response: 'I'd say it was a 10' Trump gives his response to Puerto Rico ‘a ten’ — even as 28% of residents still lack drinking water Puerto Rico: Is racial bias driving Trump's neglect of the island? Trump says to work with Congress on more aid for Puerto Rico Senate won't add more money to $36.9 billion disaster aid package
(DBN)

Rubio says Congress isn't doing enough to help Puerto Rico
(DBN)

The unrelenting crisis in Puerto Rico is forcing people to drink dirty water
(DBN)

The media is neglecting Puerto Rico
(DBN)

One Month After Maria, a Crisis Still Rages in Rural Puerto Rico Saving Puerto Rico: A month after Hurricane Maria, private help and government failure
(DBN)

Puerto Rico still stumbles in the dark a month after ‘Maria’ 80% of Puerto Rico Still in the Dark The story of Puerto Rico's power grid is the story of Puerto Rico Puerto Rico warned power grid 'literally falling apart' before Maria hit What Puerto Rico is doing to get the power back after storm Puerto Ricans Ask: When Will the Lights Come Back On?
(DBN)

Elon Musk and Richard Branson want to bring clean energy to Puerto Rico. It won't be easy.
(DBN)

Hurricane Maria and Puerto Rico's Neo-Colonial Legacy
(DBN)

Puerto Rico: The Forgotten Territory
(DBN)

Bitter Times in Puerto Rico
(DBN)

Federal Ban Leaves Thousands of Pets Behind in Puerto Rico
(DBN)

Adios Puerto Rico - 500,000 people expected to leave
(DBN)

Seeing Florida, Texas, and Puerto Rico in Shades of Black and White
(DBN)

Notable Municipal Bankruptcy Lawyer Talks Shop to Hartford Moody's Warns of 'Likely' Hartford Default, Decades of Deficits Ahead Bankruptcy a plausible option, as Hartford's fiscal crisis peaks First of 2 public meetings held over possible Hartford bankruptcy filing Connecticut Would Back Hartford's Bonds in Deal to Save City Hartford must restructure debt to get state help to avert bankruptcy As Hartford Weighs Bankruptcy, Officials Hear From Those Who’ve Been There Detroit, Central Falls Leaders Share Pitfalls, Advantages Of Bankruptcy Hartford Residents Meet to Learn About Bankruptcy Amid Concerns
(DBN)

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Oil/Gas:

The U.S. export surge
(DBN)

Oil prices slips, though Middle East tensions remain high OPEC send strongest signal that output cuts may run to end of 2018
(DBN)

World's Biggest Oil Traders See Wildly Diverging Crude Price
(DBN)

The Dangerous Bubble in Fossil Fuels
(DBN)

Why you shouldn’t trust the recent gains in oil prices
(DBN)

Oil demand to top 100 million barrels a day in 2020, OPEC’s Barkindo says
(DBN)

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Mass Torts:

After abrupt mistrial, case alleging J&J knew of harmful asbestos in talc for decades resumes with new jury
(DBN)

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Celebs:

A Madoff Gets a Makeover, by Giving Them
(DBN)

You won’t believe what it takes to sort out a pro athlete’s tax bill
(DBN)

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Maritime:

Korean Gov’t to Provide Up to 10 Trillion Won to Hyundai Merchant Marine
(DBN)

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Aviation:

Island Air allowed limited use of cash for payroll
(DBN)

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Taxis:

New New York City bill to help taxicab medallion owners
(DBN)

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Coal:

Trump Administration Clings to Coal as Plants Shutter in Texas
(DBN)

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Weather:

A Checklist for Victims of Napa/Sonoma Fires: Recovering from Your Insurance
(DBN)

Lawyers Hunt for California Fires' Ground Zero to Go After PG&E
(DBN)

It's been the second-hottest year since the 1800s
(DBN)

California wildfire losses exceed $1 billion, insurance commissioner says
(DBN)

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Personal Finance:

How Financially Literate Are You Really? Let's Find Out
(DBN)

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Solar:

New player in solar trade fight: Sean Hannity
(DBN)

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Student Debt:

71 Percent of Student Loan Issues Reported to CFPB Involve Dealing with Lender or Servicer
(DBN)

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Electricity:

Rick Perry's Plan Looks DOA But Could Spark a Dynegy Deal
(DBN)

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New Bankruptcy Opinions
(4 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (13 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (55 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 Hit 10-year Low, May Rise Again
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Bankruptcy Reform:

We Need a Bankruptcy System for Small Businesses Without the Absolute Priority Rule: Two Alternatives
(DBN)

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Third Party Releases:

Delaware Bankruptcy Court Affirms Its Constitutional Authority to Approve Nonconsensual Releases
(DBN)

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Insurance:

San Antonio insurer for schools goes bankrupt
(DBN)

Courts Analyze Impact of Allowed Claims on Commercial Liability Policies
(DBN)

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Ch. 7:

Should ‘No Money Down’ Chapter 7s Be Allowed?
(DBN)

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Ch. 13:

Chapter 13 Debt Limits Should be Raised or Eliminated, Some Say
(DBN)

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Debt Collection:

Remember That Yacht Goldman Seized? It Got Sold
(DBN)

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Retailing:

Retailers should get ready for another stressful year in 2018
(DBN)

Surviving the Retail Shift: Part 3 of a 5 Part Series - Coping with Retail Closures and the Evolution of the Shopping Center, Balancing Creative Uses with Co-Tenancy Provisions
(DBN)

Walmart to enlist Lord & Taylor in war against Amazon
(DBN)

OK, Amazon, here are some cities you should consider calling 'home' Seattle Has 5 Big Pieces of Advice for Amazon's HQ2 Winner How winning the race to be Amazon’s 2nd headquarters could turn out to be a curse 4 wildest stunts for Amazon's second headquarters: Cities compete for 50,000 jobs Billions in tax breaks offered to Amazon for second headquarters Amazon HQ2 would 'fundamentally alter' city that wins bid, expert says A Georgia mayor wants to build a new town and name it Amazon Here's How Much Amazon HQ2 Could Raise Rents in Your City Why Amazon's new headquarters won't guarantee economic boon The Downside of Winning New Amazon HQ U.S., Canadian bids pour in for Amazon's second headquarters
(DBN)

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Aviation:

United CEO says 'we have dug ourselves in a hole,' sparking sell-off
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Banking:

'Big Short' Steve Eisman says he is betting against Wells Fargo because of deep 'cultural issues'
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Food/Beverage:

The sad decline of Macaroni Grill
(DBN)

Ruby Tuesday To Be Acquired By NRD Capital For $2.40 Per Share
(DBN)

The Troubling Economics of One of the World’s Great Restaurants
(DBN)

How the Wildfires Are Hurting California's Wine Industry
(DBN)

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Autos:

General Motors Agrees to $120M Ignition Switch Settlement With States GM agrees to pay $120M to settle multi-state claims on faulty ignition switches
(DBN)

Auto Masters files for bankruptcy
(DBN)

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Subscription Services:

I stopped using Blue Apron after being a huge fan — and the reasons why reveal that the company is doomed
(DBN)

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UK:

Interserve in danger of breaching its debt covenants and shares in freefall after latest profit warning
(DBN)

Insolvency litigation: recent cases and issues in October 2017

Tracking Britain's Missing Half Trillion
(DBN)

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PIIGS:

Portugal: Banks reduce non-performing loans by €4.4 bln
(DBN)

Greek banks plan record sale of bad loans as pressure mounts
(DBN)

Greece: Creditors may ask for new fiscal measures for 2018
(DBN)

Trump, Tsipras and Washington’s wordsmiths: What is a “responsible debt relief plan” for Greece?
(DBN)

Madrid Doubles Down as Catalans Prepare to Declare New State A Chance to Defuse the Catalonia Crisis Bank Run Imminent: Catalan Separatists Urge Supporters To Pull Cash From ATMs On Friday Morning
(DBN)

Italy: Betrayed by Banks, 40,000 Businesses Are in Limbo
(DBN)

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Canada:

Judge foils former Oilers owner attempt to strike deal with creditors
(DBN)

Deals scarce in Sears Canada liquidation sale 'We were disappointed': Subdued mood at Saskatoon Sears as liquidation sale begins 'I'm sad that Sears is closing, but that's besides the point': Nostalgic bargain hunters await deeper discounts as Sears' final sale begins
(DBN)

Gordon Brothers, Hilco Industrial & AM King to Sell Mining Assets of North American Tungsten
(DBN)

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Australia:

Baker McKenzie grows in Brisbane with the hire of a senior restructuring and insolvency lawyer
(DBN)

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Japan:

Some Famously Efficient Japanese Manufacturers Are Now Lying to Compete Kobe Steel reportedly was still making up numbers, even after past offenses came to light
(DBN)

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India:

Debt-laden Air India looks for Rs 1,500 crore short term loans to meet working capitals
(DBN)

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Singapore:

Noble Group faces 11th hour oil-unit sale as stock is halted
(DBN)

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Brazil:

Creditors request delay of Oi assembly -sources
(DBN)

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