September 11, 2017

The Daily Bankruptcy News

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Law:

As Hurricane Irma Bears Down, South Florida Battens Down
(DBN)

The Florida Bar, FEMA Prepare to Help Hurricane Irma Victims
(DBN)

Texas Lawyers Step Up to Offer Free Legal Advice in Wake of Hurricane Harvey
(DBN)

Hurricane season has arrived. What are the laws behind mandatory evacuations in times of crisis?
(DBN)

GCs' advice on how to get legal work
(DBN)

Crappy Weather? You Can Always Work More
(DBN)

Yes, you can be fired for missing work while fleeing Hurricane Irma
(DBN)

Why Is There So Much Attorney Hiring Volatility At The Major Am Law 100 Firms?
(DBN)

Bar Exam Passage Rates Soar Thanks To Law School’s Closure
(DBN)

Cal Bar's Nadir
(DBN)

Law school’s civil rights center is barred from litigating cases
(DBN)

Return On Investment: The Core Challenge For Legal Education As 100 Law Schools Fail Department Of Education's Debt-To-Earnings Standard
(DBN)

Law School Advice For 1Ls From Amal Clooney, Chief Justice Roberts, And Other Notable Legal Figures
(DBN)

Law Professor Rejecting all Rejection Letters
(DBN)

Great Job Opportunities For Law School Graduates And Entry-Level Attorneys
(DBN)

Chart: Texas' Best-Paid General Counsel
(DBN)

Experts ‘threatcast’ potential cybersecurity risks in 2027
(DBN)

On Law Firm Marketing B-------
(DBN)

In-House Counsel And Law Firm Lawyers Meet To Plan The Future Of Law
(DBN)

How to Create an Attorney Bio That Persuades Prospects
(DBN)

Hope Hicks lawyers up for Russia probe • Mueller wants to speak with six key Trump aides
(DBN)

Can Trump Pardon Someone in Secret?
(DBN)

Influential lawyer who inspired Trump’s Muslim ban claims ‘whites are genetically superior’ to people of color
(DBN)

DOJ Won't Reopen Lois Lerner Case
(DBN)

Prenuptial agreements contain more bizarre ‘lifestyle’ clauses
(DBN)

Everything we're expecting Apple to launch on September 12 • New Apple iPhone’s key feature is its price tag
(DBN)

Those with outstanding warrants at Florida hurricane shelters will be escorted to jail, sheriff’s office warns
(DBN)

Florida Bar Foundation allocates up to $500K for civil legal aid after hurricane, establishes fund
(DBN)

DACA Fact Check: "President (Ronald) Reagan did a similar thing. George H.W. Bush did a similar order" as former President Barack Obama’s Deferred Action for Childhood Arrivals, or DACA. • Trump's Right: Immigration Is Congress's Mess
(DBN)

How Trial Lawyers Ran Sheriff Joe Out Of Town, And Why Trump Should Pay Attention
(DBN)

2 more Trump associates lawyer up as Mueller's investigation escalates
(DBN)

Doing The Ordinary Better Than Everyone Else Is A Hallmark Of Client Service
(DBN)

Protect Your Clients by Protecting Their Data
(DBN)

How To Use A Law School In Fiction
(DBN)

Florida sheriff warns residents not to shoot at Hurricane Irma: 'You won't make it turn around'
(DBN)

Bakeries: Civil Rights Battlefields Today
(DBN)

Downey attorney exonerated in bankruptcy case allegations
(DBN)

Dallas Cowboys star's discipline "fundamentally unfair," judge says
(DBN)

Colin Kaepernick received less than one-third of his 'record' $126 million contract
(DBN)

At least 32 looters are arrested across Florida during Irma crime spree
(DBN)

Texas man arrested in ex-wife's disappearance day of Harvey
(DBN)

Family Shares Pictures of Biracial Son Recovering After They Say He Was Hung
(DBN)

With at least 220 languages spoken in the state, California's courts face an interpreter shortage
(DBN)

Homeowner Arrested After Allegedly Calling in Burglary, Then Shooting a Responding Officer
(DBN)

In Dramatic Twist, Judge Halts Murder Trial After Defendant Says ‘Guilty’ to Jurors
(DBN)

8 Dead in Plano Shootout
(DBN)

Chicago attorney accused of secretly recording co-worker changing clothes
(DBN)

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Judges:

BK MD FL: Closed On Monday • Also, BK SD FL • BK MD AL: Courthouse closure, Monday, September 11, 2017 • BK ND FL: Tallahassee, Pensacola Closed
(DBN)

Obstructing Judicial Confirmations: Two (Or Three, Or More) Wrongs Don’t Make A Right
(DBN)

Oregon Senators to Block Trump Court Pick
(DBN)

Judge brutally mocks cops who claimed ‘buying food at Costco’ was a ‘secret code’ for drug deal
(DBN)

On Kozinski And Costco
(DBN)

Judge fines company for posting CEO's deposition on YouTube
(DBN)

Court affirms 2-year suspension for "vindictive" ex-judge
(DBN)

Judges Talk Juries, Young Attys And Email Fights
(DBN)

Clarence Thomas defends originalist perspective
(DBN)

Supreme Court asked to consider Mississippi’s use of Confederate image
(DBN)

Trump Judicial Nominee Faces the 'Dogma' Brigade • Should a Judge's Nomination Be Derailed by Her Faith?
(DBN)

'The dogma lives loudly within you': The battle over Trump's effort to remake the courts in his image is starting to heat up
(DBN)

Court Not Having It When Cop Who ‘Sucker-Punched’ Clerk Claimed It was Police Policy
(DBN)

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Wall Street:

US Index Futures Rise as Irma Weakens, Korea Tensions Ease
(DBN)

Stocks Close the Week Lower as Irma Approaches the US
(DBN)

The S&P 500 is doing something it hasn’t in years, which may signal a pullback
(DBN)

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Layoffs:

Hundreds face layoffs as Dole closes Watsonville operations
(DBN)

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Politics:

Why Trump hopes the new Trump sticks - "People really hate me" • Trump's Shrinking, Energized Base
(DBN)

Bannon on 60 Minutes: 9 key quotes • Steve Bannon: Firing Comey was the biggest mistake in 'modern political history' • Bannon's Crusade: Destroy GOP Establishment
(DBN)

Trump's deal with Democrats could come back to bite him • Why Trump snubbed Paul Ryan to side with the Democrats • Ryan-Trump Relationship in Trouble • We may be witnessing a turning point in the Trump presidency • Is the GOP disintegrating after the Pelosi-Schumer-Trump deal? • Chuck in charge: Inside the Trump-Schumer marriage of convenience
(DBN)

Study: Trump fans are much angrier about housing assistance when they see an image of a black man
(DBN)

Trump lawyer Ty Cobb in private emails with prankster: 'Manafort and Flynn' will cause the Russia investigation 'to linger'
(DBN)

Dallas: Robert E. Lee Statue to be Removed • The South Doesn’t Own Slavery
(DBN)

Hillary Clinton opens up in her first television interview since losing the 2016 election • Clinton says she'll never again run for office • Hillary Blames Obama’s Climate Change Rules For Her Campaign’s ‘Biggest Gaffe’
(DBN)

Bill Introduced That Would Make Arrested Protesters Pay Police Overtime, Gov’t Expenses
(DBN)

Trump Jr. Spins the Trump Tower Story Again • Reince Priebus hires Quinn Emanuel white collar co-chair in Russia probe
(DBN)

Trump's blue state businesses are struggling
(DBN)

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Telecoms:

Avaya Files for an Exclusivity Extension on Their Chapter 11 Bankruptcy
(DBN)

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Maritime:

Restructuring Degrades into Deals among Insolvent Companies
(DBN)

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Privacy:

Equifax security check website strips users of legal rights • Massive Equifax data breach likely to spur legal woes in uncharted territory • Equifax Lobbied to Kill Rule Protecting You From Breaches • Equifax Waives Arbitration Clause in This Hack • Early fallout of Equifax breach that might impact 143 million consumers • Protecting Yourself in Equifax Hack 1 • Protecting Yourself in Equifax Hack 2 • Equifax Hacking Nightmare Gets Worse - For You • Seriously, Equifax? • Equifax Faces Multibillion Dollar Lawsuit • Equifax Security Chief Made $2.8 Million in '16 • What to do now if you’re among 143 million Americans affected by Equifax data breach • Class action is filed over Equifax data breach; information website has arbitration requirement • Either Equifax’s Execs Have Some Explaining To Do Or Equifax’s Other Execs Have Some Explaining To Do • Federal Trade Commission: How to Freeze Your Credit Files • ZD Net Tested Equifax's Breach Checker Website - It's Useless • Rumor: Equifax Hackers Make Demands • Equifax struggles in fallout of hack as complaints pile up • Equifax data breach liability could hinge on where case is tried • 5 Things to Know About the First Wave of Equifax Actions
(DBN)

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Economy:

Hurricane Harvey probably shaved 1% from third-quarter growth, Goldman Sachs says • Harvey, Irma could ding U.S. economy for combined $290 billion • Hurricanes Harvey and Irma give Fed more reasons to hold rates for the rest of 2017, experts say • Goldman: Hurricane and Economic Data • Harvey Damage Estimates Rose Sharply and Have Settled in the $60-100bn Range • Irma Could Be One Of The Costliest Hurricanes In Recent Times For Insurers • Financial Cost of Two Large Hurricanes • Irma, Harvey Will Slam US Economy
(DBN)

Q3 GDP Forecasts
(DBN)

U.S. Investor Optimism Rises Again, Hits 17-Year High
(DBN)

2,000 Years of Economic History in One Chart
(DBN)

The story of NAFTA, as told from a Canadian auto-parts plant in Mexico
(DBN)

Trump could force a repeat of the Federal Reserve’s worst modern-day policy blunder
(DBN)

US companies have accumulated about $3T in overseas earnings
(DBN)

The US needs to fix its massive global trade gaps if 'America First' is going to work
(DBN)

What's really happening with the U.S.-Korea trade deal
(DBN)

How the Government Gets Its Money
(DBN)

Deutsche Bank: 'The dollar is in trouble'
(DBN)

Trump says he 'cleared the way' for tax reform, but there's still one huge roadblock • Meadows: 25% corporate tax rate non-starter for 'most' of Freedom Caucus • Trump calls for a tax reform 'speed-up' in light of Hurricane Irma
(DBN)

House GOP not happy about Mnuchin's debt ceiling plea
(DBN)

Economic Impact of Deporting Dreamers
(DBN)

Game of Thrones is actually a perfect analogy for the biggest threat to the global economy
(DBN)

What the Rich Won’t Tell You
(DBN)

Dear CEOs: Quit Writing Letters to Trump • Trump Now Irrelevant to Corporate America • Wilbur Ross says CEOs were wrong to quit Trump’s councils after Charlottesville
(DBN)

Most Want Higher Taxes for Roads
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

Black Knight: Hurricane Harvey Could Result in 300,000 New Mortgage Delinquencies
(DBN)

Purchase lending hits 10-year high as refis sink to 16-year low
(DBN)

WV: What’s going on with the crumbling empire at 205 Marion Square?
(DBN)

National Flood Insurance Program granted 3-month extension • Congress Buys Time on Federal Flood Insurance with Three-Month Extension
(DBN)

Millennials lead in single-mom and cohabiting homes
(DBN)

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Municipalities:

How Olympia financed an arena in a bankrupt city
(DBN)

An old emergency manager order may block part of Flint's new city charter from taking effect
(DBN)

Irma Grazes Puerto Rico but Lays Bare an Infrastructure Problem
(DBN)

Puerto Rico's Double Whammy: Irma and Hedge Funds
(DBN)

Why Puerto Rico's Fiscal Crisis and Hurricane Irma Are a Catastrophic Combination
(DBN)

Hurricane Irma Could Leave Puerto Rico Without Electricity For Months
(DBN)

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Oil/Gas:

Irma pushes gasoline prices to highest increase since Katrina
(DBN)

US crude oil settles at $47.48 per barrel, down over 3% • US Oil Slides 3% As Irma Threatens Demand • Can WTI Break Out Of The High $40s?
(DBN)

Oil Is Unlikely To Return To $80
(DBN)

Canada: 100,000 Jobless Oil Workers
(DBN)

U.S. rig count rises by one • Oil Rigs "Rig counts continue to ease back"
(DBN)

Seadrill Has To Save North Atlantic Drilling Again
(DBN)

Noble shortlists bidders for $1bn oil business
(DBN)

The Plastic Fantasy That's Propping Up the Oil Market
(DBN)

Turbulence lingers for Singapore's debt-heavy offshore firms
(DBN)

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Travel:

Airline workers share 17 things they wish passengers would stop doing
(DBN)

The obnoxious thing people are now doing to keep airlines from losing their luggage
(DBN)

How Working for an Airline Lost Its Glamor
(DBN)

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Healthcare:

ACA architect Max Baucus backs single-payer
(DBN)

Tens of Millions of Consumers Will Benefit from New Rules for Medical Debt on Credit Reports
(DBN)

Hospital Consolidation Demands Closer Scrutiny
(DBN)

 

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Autos:

US Electric Car Sales Up 47% in 2017
(DBN)

China looks at ending sales of gasoline cars
(DBN)

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Corporate Reform:

Trump's Aggressive Regulation Rollback
(DBN)

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Religion:

Largest abuse settlements by Roman Catholic institutions in the U.S. • A decade after settling abuse cases, the Diocese of San Diego still copes with the fallout • Timeline
(DBN)

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Agriculture:

Grassley-Franken Farm Bankruptcy Relief Bill Clears Senate
(DBN)

Iconic Charlotte dairy Nordic Farms in bankruptcy
(DBN)

Bankruptcy judge allows Michigan fruit processor to keep doors open
(DBN)

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Metals:

Mesabi Metallics Sues Cleveland-Cliffs for Allegedly Interfering With Bankruptcy Exit
(DBN)

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Newspapers:

Rogoff faces creditors as another potential bidder appears in ADN sale • Rogoff faces creditors at bankruptcy hearing, claims $12.7M debt • Creditors concerned about 'alarmingly low' sale of Dispatch to Binkley • Monday bankruptcy hearing will decide future of Alaska Dispatch News
(DBN)

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Fraud:

Ponzi mastermind blasts $34 million Hunton settlement deal
(DBN)

Juror's call to friend at DA's office dooms pair of fraud convictions
(DBN)

Loose talk by ex-Pilot president kicked off fraud case, lawsuit claims
(DBN)

DOJ Wants Shkreli’s Bail Revoked After Absolutely Bizarre Comment About Hillary Clinton • “It Was Just A Prank Bro”: Shkreli Faces Bail Revocation Over Hair Pulling Hillary Clinton Post
(DBN)

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Student Debt:

How states could end the student-debt collections trap
(DBN)

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Food/Beverage:

Joe's Crab Shack serves up Ch. 11 bankruptcy plan
(DBN)

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Tech:

WD Navarre Holdings Files for Chapter 11 Protection
(DBN)

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Pensions:

Will Kilmartin Be Sued for Role in St. Joseph's Pension Fund ...
(DBN)

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Aviation:

PenAir stops service in rural Nebraska and Kansas
(DBN)

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Media:

Hulk Hogan's Lawyer Takes on Jezebel: Why Gawker's Sister Site Won't Be as Easy to Beat in Court
(DBN)

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Apparel:

Ironclad Performance Wear Files for Chapter 11 Bankruptcy Protection with Stalking Horse Bid from Radians
(DBN)

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New Bankruptcy Opinions
(8 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 (24 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:

Retail Filings Up 127% YtY
(DBN)

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Litigation:

A Trial Lawyer Is A Whiskey Drinker
(DBN)

Tips for making discovery less painful
(DBN)

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Ch. 13:

Plan Modification to Surrender 910 Vehicle Permissible
(DBN)

Debtor Doesn’t Have to Contribute Social Security to Ch. 13 Plan
(DBN)

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Exemptions:

Widow Loses Exemption in Home But Gets to Keep Property
(DBN)

IRAs Don’t Lose Exemption After Transfer in Bankruptcy
(DBN)

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Ch. 7:

For Struggling Consumers, a Cheaper Way to File for Bankruptcy
(DBN)

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Personal Finance:

Here's the real difference between good and bad debt, according to a financial planner
(DBN)

This is how your finances should look in your late 20s • 30s • 40s
(DBN)

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Retailing:

Maybe Sears Holding Corp Stock Isn't Headed for Bankruptcy
(DBN)

Target to slash prices on thousands of items, sending shares tumbling
(DBN)

Toys R Us Seeks Investors To Back Rescue Financing, Bankruptcy Contingency Plans • Toys 'R' Us, once ahead of the retail game, now playing catch-up • Debt Traders Are Losing the Junk Retail Game With Toys 'R' Us
(DBN)

iRetail: The Dawning of an Age?
(DBN)

Gymboree gets court OK to exit bankruptcy , to close 330 stores
(DBN)

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Guns:

$100 Million Slump in US Gun Sales
(DBN)

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Weather:

Hurricane Irma is hammering Florida — here's the latest • Extent of damage unknown as milder — but still massive — Irma hammers Tampa Bay • Though weakened, Hurricane Irma continues to pound Florida • Lawmakers to propose tax relief for hurricane victims • In Pictures: Hurricane Irma pummels South Florida • Nearly 7 million without power in Florida as Hurricane Irma pounds the state • Hurricane Irma is so strong it's pulling water from Tampa Bay's shores • Irma inland near Tampa, still Category 2 storm • Irma aims full fury at Florida's Gulf Coast, floods central Miami • Fort Lauderdale police arrest 9 people caught on camera looting during Irma • Hurricane Irma brings fears of surge, sewers and toxins to Tampa area • Florida highways are gridlocked because of Hurricane Irma evacuees • Mapping the Mass Exodus From Florida by Land, Sky, and Sea • Chaotic Start to Florida Evacuation • Nearly 7 million people told to evacuate in Florida and Georgia as Hurricane Irma approaches with 125-mph winds • Irma updates: FL Gov. urges all residents to leave now • Hurricane Irma: Holding noses, Florida Republicans generally back relief • Mapping Hurricane Irma's Exodus in Florida • Irma: For Some Leaving is Not an Option • In a rare move, Walt Disney World to close for Hurricane Irma • Hurricane Irma will pack a financial wallop for insurers, who will rack up at least $15B in losses • The topography of Florida's coastline could heighten the destructive power of Irma's waves • Irma decimates Bitter End Yacht Club • Richard Branson shares pictures of what Hurricane Irma did to his island home • Almost 7,000 complaints of price gouging ahead of Hurricane Irma: Fla attorney general • Tampa mayor: 'We are about to get punched in the face' by Hurricane Irma • Hurricane Irma swamps South Florida, center of storm nears Naples • Hurricane Irma wallops Miami, topples second crane, floods streets • Caribbean Devastated as Irma Heads Toward Florida • Florida utility: More than 1.5 million customers without power as Hurricane Irma batters the state • Hurricane Irma's path of destruction grounds more than 10,000 flights on 4 continents • Georgia, Hurricane Irma's next potential victim, braces for monster storm • Florida: The Paradise That Should Have Never Been Built • Florida Keys: Everything is Under Water • FL: Two Voted Against Hurricane Relief Bill
(DBN)

4 Texas Republicans voted against Harvey aid bill • TX: 40 Sites Released Hazardous Pollutants • Auto Insurance Harder to Buy After Harvey • ‘Nowhere else to go’: Small Texas towns decimated by hurricane struggle to rebuild amid poverty • Gee Texas, It Is a 'Rainy Day' Fund • Harvey has 'paralyzed' a critical part of US manufacturing supply chain • Responding to Hurricane Harvey: A Checklist for Pursuing Corporate Insurance Claims • How to navigate Texas regulations after Harvey
(DBN)

Hurricanes Irma and Harvey could cost Lloyd's of London insurers £150 billion
(DBN)

Hotel Occupancy and Hurricanes Harvey and Irma
(DBN)

How the Truth Can Get Damaged in a Hurricane, Too
(DBN)

Maximizing Insurance Recoveries for Hurricanes Harvey and Irma
(DBN)

Hurricanes Irma, Harvey to cast pall over U.S. economy for months and even years • Fed’s Dudley says hurricanes Harvey, Irma to give ‘unfortunate’ boost to U.S. economy
(DBN)

Caribbean islands fear grim tourist season in Irma's wake • Violence Erupts on Desperate Caribbean Islands: ‘All the Food Is Gone’ • Irma's Destruction: Island by Island
(DBN)

Nobel Prize–winning economist Joseph Stiglitz on learning from hurricanes
(DBN)

Here are the answers to your questions about hurricanes • Most hurricanes that hit the US come from the same exact spot in the world • Science Behind End of Hurricane Drought • The Deadliest US Hurricanes
(DBN)

Trump Signs Disaster Aid Bill
(DBN)

President Trump's Budget Would Cut Hundreds of Millions From Disaster Relief Programs
(DBN)

Hurricane Katia, the 6th hurricane of an unusually active season, has hit Mexico
(DBN)

Hurricane Jose, a major Category 4 storm, is moving through the Caribbean with 145-mph winds
(DBN)

Hurricane Irma and How the US Exploits Disasters to Blackmail the Caribbean
(DBN)

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UK:

Mervyn King wanted to keep Northern Rock bailout a secret, but was told it was illegal
(DBN)

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PIIGS:

Greece: PM calls for quick end to review • Tsipras sees an end to oversight next year
(DBN)

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India:

Solvent companies, too, are showing interest in winding up
(DBN)

NPAs: challenge is to avoid delays
(DBN)

Can IBC be triggered against a Government Company? NCLT to answer soon
(DBN)

High Court disallows parallel proceedings in NCLT and DRT
(DBN)

Helpless Homebuyers Thwart Indian Plan for Quick Fix to Bad Debt • After Jaypee Imbroglio, Centre May Amend Bankruptcy Code To Protect Interest Of Thousands Of Homebuyers • Jaypee Insolvency Case: SC Bars Directors From Leaving India • Supreme Court asks Jaypee Infratech to deposit Rs 2,000 crore • Supreme Court asks for interim plan in 45 days that protects Jaypee homebuyers • Housing minister takes up Jaypee-buyers' cause • Supreme Court Allows Insolvency Resolution Professional To Take Over Jaypee Infratech Management
(DBN)

Steps taken for recovery of loans from defaulters via insolvency route: Jaitley
(DBN)

Banks turn to MCA to make Insolvency and Bankruptcy Code tougher
(DBN)

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Australia:

Cab driver says devaluing of taxi licenses has left him on the brink of bankruptcy
(DBN)

Ten tax-loss a windfall for CBS • Ten Network administrator reveals why it favored CBS bid over Gordon-Murdoch
(DBN)

Turns on the terms – when does a creditor suffer loss because of a company’s insolvency?
(DBN)

Insolvency reprieve on the cards for business leaders
(DBN)

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Venezuela:

Now Venezuela would like to renegotiate all of their debt
(DBN)

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Germany:

Air Berlin may drop more long-haul routes • German investor Woehrl submits €500m takeover of Air Berlin • German investor bids Dh2.2bn for bankrupt Air Berlin • What We Learned From The airberlin Bankruptcy
(DBN)

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Barbuda:

IMF Doubles Down on Debt Demand for Storm-Torn Barbuda
(DBN)

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Netherlands:

Dutch bankruptcy rate hits record low this century
(DBN)

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China:

China's Latest Bond Default Is a Cautionary Tale for Investors
(DBN)

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