October 5, 2017

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Law Firm Mergers On Record Breaking Pace in 2017
(DBN)

Big Four vs. Big Law: The Race to Change Legal Services Delivery
(DBN)

Elite Law Firms Promoted 122 Lawyers to Partner
(DBN)

Restructuring Tax Pro Joins O’Melveny
(DBN)

We're Creating 'Bionic Lawyers' Says Atrium Founder Justin Kan
(DBN)

Report Finds Law Firms Playing Catch-Up on Competitive Intelligence
(DBN)

Andrews Kurth, Hunton & Williams Explore Merger
(DBN)

'Best' Law Firms for Women? Really?
(DBN)

The Paradox of the Client-Driven Market
(DBN)

Exposing A Colleague’s Disbarment: Gratuitous Gossip, Or A Public Service Message?
(DBN)

If You Have The Chance To Work In Biglaw, Take It!
(DBN)

Law Schools Need To Introduce Social Learning
(DBN)

Reflecting Industry, Law Firm Wants to Be Bigger
(DBN)

Manafort accused of lying to bankruptcy court — by his own son-in-law Ex-Trump adviser Paul Manafort conspired to mislead bankruptcy court, son-in-law charges 'Trump dossier' on Russia links is now a part of special counsel's probe Robert Mueller Preps To Go Toe-To-Toe With The President On Pardons Lawyer on Mueller’s team is reportedly researching pre-emptive pardons
(DBN)

'We just don't know' the Las Vegas shooter's motives, says the FBI's deputy director Las Vegas killer planned to escape, police say Las Vegas shooter spent decades acquiring weapons, lived secret life, police say Las Vegas Gunman Chased Gambling’s Payouts and Perks Police say Las Vegas gunman planned 'extensively' Las Vegas Strip shooter targeted aviation fuel tanks, source says The Las Vegas gunman bought 33 firearms in the last year alone A Marine veteran stole a truck and saved dozens of lives during the Las Vegas shooting Las Vegas shooter recalled as intelligent gambler well-versed on gun rights Vegas Gunman's Girlfriend Was Sent Away to Philippines Las Vegas gunman's girlfriend breaks silence, says it 'never occurred' to her that he was planning a mass shooting Newsweek Retracts Story on Marilou Danley, Vegas Shooter Stephen Paddock's Companion Following private equity;s gun money Las Vegas Gunman Stephen Paddock Rented Two Rooms ‘Maximize your fun’: How manufacturers market the device the Las Vegas shooter used to make his guns more deadly Trump gives somber address with Las Vegas first responders Trump finds his voice in Vegas after stumbling in Puerto Rico
(DBN)

After Las Vegas mass shooting, 'bump stock' is hot at gun stores Democratic bill to ban gun ‘bump stocks’ has some GOP support Everyone knows Americans own more guns than residents of any other country. But why?
(DBN)

Ivanka Trump, Donald Trump Jr. investigated for felony fraud: report Inside the Trump Family's Pre-Clinton Email Problems Ivanka and Donald Trump Jr. Were Close to Being Charged With Felony Fraud
(DBN)

Woman Charged With Beating Boyfriend To Death With Frying Pans
(DBN)

Oakland County Woman Ordered To Jail After Refusing To Vaccinate Her Son
(DBN)

Teller says 'no' to bank robber's demand
(DBN)

Could Joe Arpaio Break the Presidential Pardon? Federal judge upholds former Sheriff Arpaio’s pardon and dismisses contempt case
(DBN)

The Senate is giving another look at criminal justice reform
(DBN)

Man who flipped the bird at his pastor gets his conviction overturned on First Amendment grounds
(DBN)

Harvey Weinstein Lawyers Battling N.Y. Times, New Yorker Over Potentially Explosive Stories
(DBN)

Death at a Penn State Fraternity
(DBN)

The Department of Justice is allegedly investigating Harvard's admissions practices
(DBN)

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Judges:

BK ED NY Celebrates Permanent Installation of Landmarks of NY Exhibit
(DBN)

Lawyer Backtracks on Answer to U.S. Supreme Court
(DBN)

Justices Double Down on Resistance to Broadcasting SCOTUS Arguments
(DBN)

Ruth Bader Ginsburg Claps Back At Neil Gorsuch
(DBN)

The Supreme Court’s Blockbuster Term
(DBN)

The Wanderings Of The Supreme Court
(DBN)

Illinois Supreme Court removes judge from a second case after alleged ‘rolling inquisition’
(DBN)

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Wall Street:

Futures point to a weak open on Wall Street, as investors await data, Fed speeches
(DBN)

Stock market ends at record levels after extending win streak S&P 500 posts longest winning streak since May as stocks hit records
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Layoffs:

American job hunters are now worried that robots will throw out their résumés Just 30 percent of Americans believe their jobs will be done by computers or robots in the future
(DBN)

Trucking company announces job cuts after end of Kroger contract
(DBN)

Independence Blue Cross offers 'voluntary severance program' to 900
(DBN)

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Politics:

In oral arguments, swing voter Kennedy appears skeptical of partisan gerrymandering
(DBN)

Rex Tillerson says he 'never considered' resigning; does not deny calling Trump 'moron' Pence denies reports he convinced Tillerson to stay on as secretary of state
(DBN)

Corker: Tillerson, generals "separate our country from chaos"
(DBN)

Key senators haven't drawn conclusion about whether Trump campaign, Russia cooperated Top senators hint the Russia probe is heating up Trump-Russia Investigation Has 'Hit a Wall' On Dossier Senate Intel: Russia probe has "expanded"
(DBN)

More GOP senators willing to tell Trump to take a hike
(DBN)

Problems are starting to emerge between Trump and Israel
(DBN)

Poll: Anthem Protests Dent Views of NFL, but Not Among All U.S. Adults A new Morning Consult survey shows a plurality of U.S. adults are taking a dimmer view of the league
(DBN)

Rick Perry reportedly took charter jet, one day before Tom Price resigned
(DBN)

Trump Has 'Social Autism,' Doesn't See 'Other People,' Says Conservative Pundit George Will
(DBN)

GOP Strategist: We're Now in the New Gilded Age
(DBN)

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Banking:

Tim Sloan Walked Into The Senate Banking Committee Illogically Unafraid 'Somebody should go to jail' for Wells Fargo scandal, says Sen. Heitkamp
(DBN)

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Electricity:

Sempra revises financing for $9.5B deal to buy Oncor Sempra Revises $9.45 Billion Oncor Deal to Win Over Texas
(DBN)

The Electricity Sector Heats Up. But Is Electricity a 'Good' Under Article 9?
(DBN)

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Bankruptcy Crimes:

Chapter 7 Trustees Play Important Role in Enforcement Against Bankruptcy Crimes
(DBN)

‘Taking the Fifth’ in Bankruptcy
(DBN)

VA: Local woman convicted of bankruptcy fraud
(DBN)

St. Peters woman overcharged bankruptcy filers, federal prosecutors say
(DBN)

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Celebs:

Boris Becker 'selling his Wimbledon trophies' amid claims bankrupt tennis ace has debts in excess of £54million
(DBN)

O.J. Simpson's Former Attorney F. Lee Bailey Gets Bad News About His SAG-AFTRA Pensions
(DBN)

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Aviation:

SAA Agrees to Hire Recovery Expert
(DBN)

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Student Debt:

Pennsylvania Attorney General Seeks to Halt ‘Rollback of Critical Student Loan Protections’
(DBN)

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Debt Collection:

Judge says no to new trial for Houston debt buyer after $25 million verdict
(DBN)

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Economy:

Short List: Here are the final 5 candidates for the next Fed chair We Don’t Deserve Neel Kashkari As Fed Chairman Trump's Fed Pick: Bad News for Working Class
(DBN)

Here’s Who Really Holds Power at the Fed
(DBN)

ISM Non-Manufacturing Index increased to 59.8% in September
(DBN)

ADP: Private Employment increased 135,000 in September Private job growth 135K in September vs. 125K est.: ADP
(DBN)

EU cash grab is a huge boost to Trump's tax-reform effort Donald Trump's trickle-down delusion on taxes 'We want to lower taxes at every level,' Rep. Kevin Brady says Voters Aren't Sold on Trump's Corporate Tax Cut Pitch A Tax Reform 'Game Changer'? How Republicans and Tax Cuts Are Like Kids and Candy Bars What Pro-Worker Tax Reform Should Look Like Republicans must pass tax reform to stand a chance in next election cycle, says Pawlenty
(DBN)

House GOP eyes budget passage that is key to the tax debate
(DBN)

Would the Trump Tax Cuts Really Create an Economic Boom?
(DBN)

Merrill: "The hurricanes and housing"
(DBN)

JPMorgan: Here's what could cause the next financial crisis
(DBN)

Trump’s latest trade war salvo could hurt American workers and firms
(DBN)

American optimism about the economy hits an all-time high in new CNBC survey
(DBN)

This is what freaks American workers out the most about robots
(DBN)

Companies can’t find workers to rebuild after Harvey and Irma
(DBN)

White, still: The American upper middle class
(DBN)

Now it's Trump's trade deficit
(DBN)

When it comes to retirement, 60s are the new 50s
(DBN)

More than 70% of US fears robots taking over our lives, survey finds
(DBN)

U.S., Korean Officials Agree to Amend Trade Deal Trump Disparaged
(DBN)

America's Child-Poverty Rate Has Hit a Record Low
(DBN)

US Debt Clock
(DBN)

World Debt Clock
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Real Estate:

Lease Claims: Exactly How Does the Cap Work?
(DBN)

BofA Judge Doesn't Want to Rip Up Scathing Ruling Against Bank
(DBN)

House Prices up 6.9% Year-over-year in August
(DBN)

Mortgage Applications Decrease Slightly in Latest Weekly Survey
(DBN)

Homebuyers rush to riskier mortgages as home prices heat up
(DBN)

U.S. House committee examining barriers to Puerto Rico recovery: official
(DBN)

Hillsborough Lofts developer files for bankruptcy
(DBN)

After 75 years, NAHB rethinks strong stance on the mortgage interest tax deduction
(DBN)

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Municipalities:

Puerto Rico Is Running Out of Money
(DBN)

Puerto Rico bonds plunge to just 36 cents on the dollar after Trump pledge to wipe out debt Puerto Rico benchmark bond drops to record low after Trump remark Can Trump really ‘wipe out’ Puerto Rico’s debt? Budget director: Don't take Trump 'word for word' on Puerto Rico debt Puerto Rico bonds collapse after Trump says its debt needs to be wiped out No U.S. Bailout for Puerto Rican Debt, Trump's Budget Chief Says Trump can't magically wipe away Puerto Rico's debt, but his words can make bonds worth a lot less No Puerto Rico Bailout, Despite What Trump Says Puerto Rico Bonds Slide as Trump Says ‘Goodbye’ to Territory’s Debt Mulvaney quickly walks back Trump vow to wipe out Puerto Rico debt Trump Just Adds to Mess in Puerto Rico Trump Speaks and a $3.8 Trillion Market Hears an Existential Threat Puerto Rico bondholders on Wall Street are 'suicidal,' fear government will wipe them out - broker Trump's Remarks About Erasing Puerto Rico's Debt Jolt The Markets
(DBN)

Pre-tax Retirement Contributions at Risk
(DBN)

Trump's First Move on Puerto Rico Debt Is a Classic Emerging Markets Play
(DBN)

New Yorkers Rally to Hold Trump to His Words on Puerto Rico Debt Chicago rally calls for aid and debt relief for Puerto Rico NJ residents rally in Newark for swift aid for Puerto Rico
(DBN)

Puerto Rico's debt in focus
(DBN)

With Little Cash, How Will Puerto Rico and the Virgin Islands Rebuild?
(DBN)

Puerto Ricans to Trump: Don't focus on debt, we need water
(DBN)

What Happened in Puerto Rico? A Timeline of Hurricane Maria
(DBN)

MatlinPatterson to Unwind Puerto Rico, Distressed Wagers
(DBN)

Trump's Past, Puerto Rico's Future
(DBN)

Hurricane massively interrupted Puerto Rico's bankruptcy process: Expert
(DBN)

Puerto Rico's governor to bondholders: Help us secure aid to rebuild
(DBN)

Democrats Urging Puerto Rico Debt Deal as Part of Recovery
(DBN)

Trump Makes Gauging Puerto Rico Bondholder Losses Even Harder
(DBN)

Donald Trump’s Complicated Understanding Of Debt Only The Latest Tragedy To Befall Puerto Rico
(DBN)

U.S. House committee examining barriers to Puerto Rico recovery: official
(DBN)

Puerto Rico's Hospitals Still in Triage Mode, 2 Weeks After Maria
(DBN)

The bankrupt utility behind Puerto Rico's power crisis
(DBN)

Devastation of Puerto Rico’s Power Grid May Offer an Opportunity
(DBN)

Trump's Puerto Rico Golf Venture: Not Such A Great Deal
(DBN)

If you don't think you own Puerto Rico debt, you're probably wrong
(DBN)

49% of Americans disapprove of Trump's Puerto Rico response Trump's Puerto Rico drop-in was a monumental insult A Puerto Rican take on Trump's visit to the island Puerto Rico mayor dons 'NASTY' T-shirt in TV appearance slamming Trump Puerto Rico: Jeb Bush Slams Trump's Lack of Compassion What Puerto Rico Looked Like When Trump Came to Visit
(DBN)

States’ Aid to Puerto Rico Delayed by Slow Request, Money Woes
(DBN)

Puerto Rico Needs More Fiscal Flexibility, Governor Says
(DBN)

6 things that sent Puerto Rico into massive debt
(DBN)

Why does Puerto Rico have more than $70 billion in debt?
(DBN)

Hedge fund Baupost owns $911 million in Puerto Rico debt Here Are the Top-Eight Holders of Puerto Rican Debt
(DBN)

Why Puerto Rico donations lag behind fundraising for Harvey, Irma victims
(DBN)

For many Puerto Rico residents, it’s time to leave the island
(DBN)

The millennials who transformed D.C. after the recession are now leaving for cheaper cities
(DBN)

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Healthcare:

Some States Will See Dramatic Obamacare Price Hikes in 2018
(DBN)

Children's health bill advances in the Senate
(DBN)

Rural Hospitals Are Dying and Pregnant Women Are Paying the Price
(DBN)

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Oil/Gas:

Shale Juggernaut Shows Signs of Fatigue
(DBN)

Oil slips after surprising increase in U.S. crude exports
(DBN)

Here's what really killed the oil price rally
(DBN)

Saudi energy minister welcomes shale as a major contributor to oil markets
(DBN)

Russia's energy minister says compliance for OPEC production cut is 'almost 100 percent'
(DBN)

Seadrill's Retail Noteholders Could Be Impacted By A Reorganization Plan Confirmed Today
(DBN)

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Golf:

NV: Black Mountain Golf and Country Club files for bankruptcy
(DBN)

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New Bankruptcy Opinions
(2 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (9 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (83 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:

September Commercial Chapter 11 Filings, 2007-17
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Awards:

Jenner & Block Partner Richard Levin Named Co-Editor-In-Chief For Collier On Bankruptcy
(DBN)

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Ch. 13:

BK AZ: Proposed Chapter 13 Plan Form and Related Rules (2084 Series) Available for Comment
(DBN)

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Trustees:

Guidance Will Help Trustees Plan Ahead for Business Interruptions and Transition
(DBN)

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Bankruptcy Remoteness:

Bankruptcy Restrictions in Operating Agreement Held Unenforceable
(DBN)

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Lien Avoidance:

Judicial Lien Need Not Be Enforceable To Be Avoidable
(DBN)

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Autos:

U.S. Light Vehicle Sales at 18.4 million annual rate in September
(DBN)

General Motors Maps Its Zero-Emission Future
(DBN)

A Weird Buyer’s Market Is Brewing for Hurricane Cars
(DBN)

GST Autoleather files for Chapter 11 bankruptcy, blames ride-sharing Is Uber partly to blame for a Michigan leather seat supplier's bankruptcy?
(DBN)

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Cybersecurity:

‘This is a travesty’: Lawmakers grill former Equifax chief executive on breach response Former CEO struggles to defend why Equifax deserves $7 million IRS contract to prevent fraud Equifax's ex-CEO faces grilling from Sen. Warren who says hack was good for business Warren: Biggest Shame Is That Hack Might Help Equifax No Congressman, It Isn’t The Onion. This Is Real Life How the Equifax Hack Could Hurt Anyone Applying for a Job
(DBN)

SEC initially said 2016 hack did not expose anyone’s personal information. Now it says it was wrong.
(DBN)

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Retailing:

Retail Bankruptcy Trends
(DBN)

The era of holiday deals is dead, and so is Black Friday
(DBN)

Amazon Is Testing Its Own Delivery Service to Rival FedEx and UPS
(DBN)

'Sears is doomed': Why former execs doubt troubled retailer can survive
(DBN)

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Personal Finance:

As weddings become more elaborate, guests send more regrets
(DBN)

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Weather:

The 'Red Cross was not there': Texas official blasts the agency's response after Hurricane Harvey
(DBN)

Tropical depression over Caribbean could become hurricane and hit Gulf Coast this weekend: NHC Computer models
(DBN)

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Lehman:

The $1.7 Billion Citi-Lehman Derivatives Settlement Doesn’t Technically Contain The Words ‘Told You So,’ But It Might As Well
(DBN)

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Corporate Governance:

Companies That Perform Best Don't Pay CEOs the Most
(DBN)

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Finance:

Fair Finance: Boiled by Boilerplate
(DBN)

Leveraged Loans Raise Bankruptcy Fears
(DBN)

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UK:

'Pre-Pack' Administration and TUPE
(DBN)

'I don't want to go to jail for this': Fear and tension at Tesco before £250 million accounting scandal broke
(DBN)

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EU:

Clash of Principles: Equal Treatment of Creditors vs. Protection of Trust in European Transactions Avoidance Laws
(DBN)

Testing Europe's Resolve on Failing Banks
(DBN)

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PIIGS:

Catalonian president discusses his plans for the region as he moves to declare independence after historic vote Catalonia’s secession from Spain may come as soon as Monday Europe Could See Another Brexit-Like Rupture—Beyond Spain Catalan Vote Inspires Brazil’s Southern Separatist Movement
(DBN)

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Canada:

Sears Canada lenders seek liquidation despite extended protection Creditors set Oct. 7 deadline for Sears Canada to enter liquidation Sears Canada could face liquidation by Oct. 19 if rescue deal remains elusive 'Tragically pathetic': Former Sears CEO says total liquidation is inevitable
(DBN)

Sears Canada to Choose Between Chairman's Bid and Liquidation Sears Canada moves closer to liquidation as Stranzl bid faces hurdles
(DBN)

Sears Canada running out of options to stay afloat, missing $200K for employee fund
(DBN)

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MENA:

UAE's bankruptcy regime from employment perspective
(DBN)

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Venezuela:

Trump Does Not Know Where Puerto Rico Is, Says Maduro
(DBN)

Venezuela's Maduro thanks Putin for support in difficult times Russia's Putin mulls financial aid for Venezuela
(DBN)

Venezuela Pledges to Meet Debt Obligations Despite Sanctions
(DBN)

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India:

India isn't 'fast enough' in reforming troubled banks, says Bain exec
(DBN)

Home buyers petition top court over bankruptcy law
(DBN)

India's 100 Richest 2017: New Bankruptcy Code Has Billionaires Sweating
(DBN)

Subsidiaries of Gucci and Daiichi go in for voluntary liquidation
(DBN)

Worst Bad Debt in a Decade Greets New State Bank of India Chief
(DBN)

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Singapore:

Whose Scheme Is It Anyway?
(DBN)

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Russia:

Russian investigators raid homes of Khodorkovsky's employees
(DBN)

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