September 14, 2017

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Do the Big Four Accounting Firms Pose a Big Threat to Big Law?
(DBN)

Which Biglaw Firm Is Providing Funds For All Associates To Get An iPhone X?
(DBN)

After Multimillion-Dollar Loss, World’s First Publicly Traded Law Firm To Conduct More Layoffs
(DBN)

Many offices of Florida’s BigLaw firms are open again after Hurricane Irma closings 10 Ways South Florida Lawyers Can Help After Hurricane Irma
(DBN)

Savannah Firms Weather Irma
(DBN)

Law Prof's Raise of $666 Wasn't an Unconstitutional Sign of the Devil, Appeals Court Finds
(DBN)

Why lawyers need to loosen the ‘stiff upper lip’
(DBN)

Tired of Trying to Shatter That Glass Ceiling? WILL Promises Another Way
(DBN)

Squire Patton Boggs Loses Claim to Domain Name
(DBN)

Ryan: Deporting Dreamers "is not in our nation's interest"
(DBN)

These are the coolest features of the new iPhone X Here’s what Apple’s $1,000 iPhone X will cost you per month 13 things everyone is going to love about iOS 11
(DBN)

Technology is the Solution: What Law Firms Can Learn From LegalZoom
(DBN)

Student targets classmate for deportation
(DBN)

White House again suggests Comey may have broken the law by releasing Trump notes
(DBN)

When Prosecutors Care More About Winning Than The Justice System
(DBN)

Bakers Can Be Artists, But They Still Can't Discriminate
(DBN)

That Awkward Moment When Your Twin Brother Is A U.S. Citizen At Birth, But You’re Not
(DBN)

Trump just reached a deal with top Democrats to protect 'dreamers' — and they say it doesn't include wall funding Conservatives are ripping Trump over bipartisan DACA deal Trump says no deal made with Democrats on DACA immigrant children Democrats say they agreed to a DACA deal with Trump — Trump denies it Two-thirds of Trump supporters want Dreamers to stay in U.S.
(DBN)

Motel 6 - Illegal Guests: We'll Send ICE to Room
(DBN)

U.S. Bans All Federal Agencies From Using Kaspersky Software
(DBN)

State Attorneys General Continue To Fight Trump At Every Turn
(DBN)

Fighting Trump's Policies is Personal for This Lawyer
(DBN)

‘Elmo’s Song’ Case Gives Kirkland Associate Chance to Shine
(DBN)

Lawyer who hoarded papers died when they caught fire and burned down his souse
(DBN)

A high-profile law firm has filed a complaint alleging Macy’s racially profiles Asian shoppers
(DBN)

Seized His Truck Over Forgotten Bullets
(DBN)

Jet Pilot Details Menendez's Private Flights
(DBN)

Happy Birthday, Law & Order!
(DBN)

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Judges:

BK SD FL: Miami, Broward and Palm Beach Courts Closed Through Friday BK PR: Closed Thurs. pm and Friday US Virgin Islands Federal Court Crippled by Hurricane Irma
(DBN)

Hon. J. Michael Deasy Retires
(DBN)

A better path to picking judges
(DBN)

The workout that keeps Ruth Bader Ginsburg fit at 84 is so intense you might not be able to keep up
(DBN)

Twitter Reports From Views From The Bench BK Seminar
(DBN)

Judges Don’t Have To Snitch On Their Boyfriends To Avoid Official Misconduct Charges
(DBN)

Judge Posner’s Retirement And The Midlife Career Crisis Just Because Judge Posner Retired Doesn’t Mean Everyone Should
(DBN)

Supreme Court by the Numbers: Kicking Off the 2017 Term
(DBN)

McConnell to End Blue Slip on Judicial Picks
(DBN)

Kagan Says Repeat Players at SCOTUS 'Know What It Is We Like'
(DBN)

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Wall Street:

U.S. stock futures in holding pattern, as inflation takes spotlight Futures point to modestly weaker open on Wall Street with major indexes coming off record highs
(DBN)

U.S. stocks close at records after marginal gains
(DBN)

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Layoffs:

Court Adopts 'Probable' Standard for WARN Act Noticing
(DBN)

Chemical Bank cutting 7 percent of workforce, 230 employees
(DBN)

Teamsters Don't Want Self Driving Trucks Truck driving jobs could be first casualty of self-driving cars Senators Consider Adding Autonomous Trucks to Self-Driving Car Bill
(DBN)

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Politics:

Most Voters Welcome Trump’s Outreach to Congressional Democrats Trump will have dinner with Schumer and Pelosi on Wednesday night Tensions are rising between Trump and Senate Republicans as funding deadline nears
(DBN)

In late-night Twitter posts, Trump rehashes election, mocks Clinton
(DBN)

House Democrats to Mueller: Michael Flynn failed to disclose trip to broker Saudi-Russian nuclear deal Flynn pushed private nuclear deal as national security advisor Mike Flynn’s son is subject of federal Russia probe Trump's closed-door rants on Comey and Mueller The Expanding Investigation Into Michael Flynn The Justice Department just gave the clearest sign yet that Mueller is homing in on Comey's firing Shuttered Facebook group linked to Russia organized anti-immigrant rallies across Texas
(DBN)

Trump's relationship with Chuck Schumer takes center stage
(DBN)

Trump just committed the single most unforgivable men's suiting sin
(DBN)

Jimmy Carter: US More Like an Oligarchy
(DBN)

Trump's Voter-Fraud Claims Raked as 'Absurd' in New Hampshire Feeling Shame on the Voter Fraud Panel Kobach: Propagandist with Really Fuzzy Math
(DBN)

Rice unmasked senior Trump aides over UAE meeting
(DBN)

White Nationalists and Their DNA Results White House says Trump to sign resolution condemning white nationalists Antifa activists say violence is necessary Inside President Trump's meeting with Tim Scott
(DBN)

Study: US government its own worst enemy
(DBN)

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Television:

Cord-Cutting Explodes: 22 Million U.S. Adults to Cancel Cable, Satellite TV in 2017
(DBN)

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Travel:

The other baggage fee you can pay at the airport is doubly aggravating for some fliers
(DBN)

Bumped Delta passenger gets $4K, when to give up your seat for money
(DBN)

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Student Debt:

Education Dept. to rewrite student loan relief rules
(DBN)

Student Loan Debt: Choosing the Right Repayment Plan for Your Lifestyle
(DBN)

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Economy:

Hurricanes Irma, Harvey will have a significant negative impact on third-quarter GDP growth Inflation is heating up with some help from the hurricanes
(DBN)

Trump says his plan could hike taxes on the wealthy, contradicting experts and his own Treasury Secretary Trump: After Irma and Harvey 'devastation,' tax cuts are needed more than ever Trump says his tax break will get companies to hire more workers. Companies say it won’t. Paul Ryan says tax plan outline backed by tax writing committees will be released Sept. 25 Let's not repeat Reagan and Bush tax cut mistakes, says top House tax-writing Democrat The next steps for tax reform (and why Republicans are still stuck) Carried interest tax loophole could survive for most Cruz Pushes Dodd-Frank Repeal as Key Tax Reform Plank Getting rid of all tax breaks could reduce the corporate tax rate to 26 percent, study says GOP split in battle over business tax breaks Trump: 'The rich will not be gaining at all' with my tax reform plan Trump needs bipartisan support to get 'close' to tax rates he wants: Congressman A 15 percent corporate tax rate is 'realistic,' says White House budget director Gary Cohn still 'heavily involved' in tax reform, says White House budget director GOP to Release Tax Overhaul as Trump Says Rich Won't Benefit Why you’ll pay for Trump’s tax cut No, Trump isn't trying to do bipartisan tax reform
(DBN)

Slim Majority Approves of Trump’s Handling of the Economy
(DBN)

US incomes are up, but not for everyone
(DBN)

The terrible facts about real earnings of American men
(DBN)

Trump’s oldest supporters hope he’ll make America great again economically
(DBN)

The Coasts Keep Getting Richer
(DBN)

Mnuchin Wanted a Gov't Jet for Honeymoon
(DBN)

Here's how much money Americans have in their savings accounts
(DBN)

The myths of recovery: Why American households aren’t better off
(DBN)

Small Business Optimism Index Increased Slightly in August
(DBN)

California’s poverty rate remains nation’s highest
(DBN)

Small Business Optimism Index Increased Slightly in August
(DBN)

Investors fear hits highest level since before Trump's election
(DBN)

Marc Faber: Trump's policies make me 'obviously not optimistic about the US dollar'
(DBN)

LA area Port Traffic: Imports increased, Exports decreased in August
(DBN)

In One Chart: Best Jobs Without a College Degree 2017
(DBN)

America’s highest-earning state probably isn’t the one you would expect
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

Federal Tax Liens: Be on the Lookout for Tax Lien Notices – Perfection and Priority Can Be Tricky
(DBN)

Mortgage Applications Increase in Latest Weekly Survey
(DBN)

Theft of Equifax data could lead to years of grief for home buyers and mortgage applicants
(DBN)

Harvey’s hit to mortgages could be four times worse than predicted—and then there’s Irma
(DBN)

A 58-story skyscraper in San Francisco is tilting and sinking — and residents say their multimillion-dollar condos are 'nearly worthless'
(DBN)

Charleston County offers $33 million to settle Naval Hospital claims
(DBN)

Kushner’s White House role ‘crushed’ efforts to woo investors for NYC tower
(DBN)

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Municipalities:

Puerto Rico Teachers Union and AFT Intervene in Bankruptcy Court to Stop Unprecedented Furloughs and Pension Cuts
(DBN)

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Oil/Gas:

Brent crude oil hits nearly 5-month high above $55 Oil rises as OPEC mulls output-limit extension, refiners recover Strongest Demand Growth In 2 Years Boosts Oil Prices
(DBN)

Big oil inventories build and gasoline draw after Harvey
(DBN)

OPEC Plays to the Base
(DBN)

Oil exec accused of trying to trick banks out of $300 million convicted of criminal contempt
(DBN)

Camber Energy Announces Notice Of Default From Its Senior Lender
(DBN)

Seadrill Sets a Fast Pace for Bankruptcy Turnaround Seadrill Ltd Stock Soars Amid Bankruptcy Filing Seadrill seeks fast turnaround from bankruptcy Seadrill Files For Bankruptcy In Bid To Secure New Funding Seadrill Bankruptcy : Bondholder Recovery Estimated at Just 4.7%
(DBN)

Like Strait of Hormuz, Gulf Coast energy hub is now “too important to fail,” IEA says
(DBN)

Electric Cars May Rule the Road by 2040
(DBN)

Canada Gas Set to Strike Back Against US Shale as Glut Eases
(DBN)

US shale oil and gas investors are on a ‘road to ruin,’ warns renowned short seller Jim Chanos
(DBN)

How Man-made Earthquakes Could Cripple the US Economy
(DBN)

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Personal Finance:

Every age group, gender and income bracket say they waste too much money on this one thing
(DBN)

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Distressed Investing:

Hedge fund manager Boaz Weinstein warns investors to avoid junk bonds
(DBN)

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Credit Reporting:

Equifax’s stock has fallen 31% since breach disclosure, erasing $5 billion in market cap Here's what went wrong for Equifax in those first 48 hours Equifax had 'admin' as login and password in Argentina Credit Freeze FAQs | Consumer Information The Equifax-suing chatbot is more trouble than it's worth Equifax waives credit lock fees for consumers, amid criticism Equifax Breach Under Investigation by N.Y. Department of Financial Services Equifax blames web- server flaw for data breach After Equifax: A Hot Time to Freeze Your Credit Equifax Melts Down Under Consumer Surge Equifax: Problems with Freezing Your Credit Thank You for Calling Equifax. Your Business Is Not Important to Us
(DBN)

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Celebs:

Abby Lee Miller News: Dance Instructor Returns To 'Dance Moms' And Slams Fellow Choreographer Laurieann Gibson
(DBN)

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Awards:

International Women's Insolvency and Restructuring Confederation (IWIRC) Announces 2017-2018 Board of Directors
(DBN)

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Defaults:

Seadrill Files for Bankruptcy , Kicking Up High Yield Default Rate
(DBN)

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Maritime:

Container lines 'jostling for market share' could start a new freight rate war
(DBN)

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New Bankruptcy Opinions
(3 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (32 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (101 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:

August Bankruptcy Filings Increase for Consumers and Businesses
(DBN)

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Corporate Governance:

Single Purpose Limited Liability Companies for Liability Protection: A Word of Caution
(DBN)

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Structured Dismissal:

Life After Jevic: An End to Priority-Skipping Distributions?
(DBN)

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Taxis:

NY taxi medallions are worth as little as 8% of their peak price
(DBN)

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Weather:

Irma's Major Economic Toll on Florida Takes Shape Florida swelters and asks: When will power and AC be back? Why Getting the Power Back On in Florida Could Take Weeks 5 dead, 115 evacuated at Hollywood nursing home with no AC 150 nursing homes still without power in Florida Evacuees begin long road back to Florida Keys after Irma's devastation Irma victims can now tap their 401(k) funds for cash IRS postpones tax deadlines for Irma victims Shortage of Insurance Adjusters Could Stall Florida’s Recovery Irma's Riches: $30,000 for a Few Days of Work Why Florida Ran Out of Gas The Wreckage Left in Irma's Path Across the Caribbean and Southeastern U.S., in Photos
(DBN)

The Poor in Irma's Path

Homeowners in flood-prone areas should not get tax dollars to rebuild, says Barry Sternlicht
(DBN)

Homebuilder sector to make up Irma losses quickly; building products unclear: Credit Suisse's Maklari
(DBN)

Grower groups Irma caused 50% Citrus Loss in parts of Fla.
(DBN)

The Impact of Harvey on August Retail Sales
(DBN)

Hurricane Harvey to make mild dent in U.S. economic growth: Reuters poll
(DBN)

Federal response to Hurricane Irma 'awesome,' but we need more help, says US Virgin Islands governor The US Virgin Islands, devastated by Hurricane Irma, are in serious need of aid
(DBN)

US flood insurance program to pay out $11 billion for Texas flooding
(DBN)

Hurricane Irma devastated American businesses — here's what restaurant chains were hit hardest
(DBN)

10 Costliest Hurricanes in US History
(DBN)

Munich makes first warning by reinsurer on Harvey, Irma impact
(DBN)

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Healthcare:

Medicare for All or State Control: Health Care Plans Go to Extremes
(DBN)

Bernie to Introduce Universal Health Care Bill Bernie Sanders unveils 'Medicare for all' plan with 16 co-sponsors Why Bernie Sanders’s plan for universal health care is only half right The Single-Payer Insanity
(DBN)

Trump says 'inaction is not an option' after GOP senators unveil last-gasp Obamacare repeal plan
(DBN)

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Fraud:

Martin Shkreli’s Clinton Threat Lands Him In Jail
(DBN)

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Retailing:

3 Reasons Nordstrom Must Go Private Before It's Too Late Nordstrom may reinvent itself -- away from Wall Street In Nordstrom talks, Leonard Green bucks trends by following its own precedent
(DBN)

Here are the 16 retailers opening more stores in 2017
(DBN)

Vitamin World Closing 51 Stores as it Pursues Ch11
(DBN)

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UK:

Meltdown of U.K. PR Firm Pushes Peril of Risky Clients Into View
(DBN)

Bank of England leaves interest rates at record-low of 0.25% for another month Bank of England warns it may raise interest rates in 'coming months'
(DBN)

Brexit Talks Not Going as Planned
(DBN)

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PIIGS:

Greece: More austerity may be ahead
(DBN)

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Canada:

Sears Canada pension 'saga is not over yet' Judge postpones motion to wind up Sears Canada’s pension plan
(DBN)

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MENA:

Teens, 15 and 16, who tried to elope electrocuted by their family
(DBN)

Goldman, BlackRock Offer Dana Deal to End $700 Million Debt Saga
(DBN)

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Norway:

Lenders take control over Norske Skog
(DBN)

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Venezuela:

How Will Venezuela Deal With A PDVSA Default?
(DBN)

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Germany:

Lauda to bid for part of Air Berlin with Thomas Cook's Condor Unacceptable for pilots to put Air Berlin fate at risk -minister Air Berlin sees flight operations stabilizing on Thursday - staff memo Fall of Air Berlin needed for further consolidation
(DBN)

Famed German art show on brink of bankruptcy after running up millions in debts
(DBN)

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India:

SBI arm plans independent unit for insolvency resolution
(DBN)

'Give police cover for insolvency professional'
(DBN)

SBI sets up team to track loan default resolutions
(DBN)

Banks' backdoor entry worry on bankruptcy
(DBN)

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Australia:

Creditors unaware of 'value' of rival Ten Network offer, court told
(DBN)

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France:

CGG bondholders launch legal action against bankruptcy process
(DBN)

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