September _, 2017

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Associates In This City Just Got Their Raises
(DBN)

Oops! WilmerHale email to reporter reveals apparent SEC probe into PepsiCo GC’s departure • Top Law Firm Accidentally Sends Confidential Details of Pepsi SEC Probe to Wall Street Journal Reporter
(DBN)

Big Law Picks Up the Pieces in Puerto Rico
(DBN)

Delaware Powerhouses Stand Out In Sophisticated Venue
(DBN)

Trustee says Kasowitz trying to preemptively quit bankruptcy case after defying discovery orders
(DBN)

Competition Is For Losers: The Rise Of Atrium
(DBN)

Ex-partner is suspended for false billable claims; he feared leadership position required more hours
(DBN)

Sheppard Mullin can arbitrate claim it bungled $50 million real estate deal
(DBN)

How I Scored A Perfect 180 On The LSAT
(DBN)

Harvard grad who was fired from Ropes & Gray trims claims from Bar exam suit
(DBN)

UK law firms lag behind top US law firms
(DBN)

Clifford Chance rolls out 'black belt' efficiency coaches to global network after £15m savings last year
(DBN)

The $4 Million Man: Meet Trump’s Patent & Trademark Pick
(DBN)

Attorney General Sessions blasts colleges on issues of free speech • This Picture Says It All About That Jeff Sessions ‘Free Speech’ Event • What Sessions doesn't know about free speech on campus • Free speech doesn't come in zones • Georgetown Law Professors Kneel in Protest of Jeff Sessions ' Speech • Jeff Sessions Wants More Free Speech Unless It’s For Uppity Black F’Ball Players (Or People Protesting HIM!) • One Day After Touting Free Speech, Jeff Sessions Says NFL Should Restrict Players’ Speech
(DBN)

'A very effective way to conceal' payment: We now know more about why Manafort offered private briefings to a Russian oligarch • New evidence emerges that Russia infiltrated Facebook to sow political chaos in the US • How Russians use social media to divide Americans • Russians posed as American Muslims on Facebook
(DBN)

Lawyer Burnout And The Finish Line Problem
(DBN)

Poll: Vast majority of Americans support DACA
(DBN)

The DOJ’s new anti-gay legal posture just got shut down in federal court
(DBN)

What happens when Hollywood gets ‘true crime’ wrong?
(DBN)

Tallahassee bankruptcy attorney disciplined
(DBN)

Ex-U.S. congressman Weiner seeks to avoid prison
(DBN)

Federal Lawsuit Filed Against ‘The Jews’
(DBN)

Boy Leads Police On 85 MPH Chase In Truck After Getting Into Fight With Mom
(DBN)

MI: Toddler Shoots Two at Day Care
(DBN)

FBI considers white nationalism as much of a threat as ISIS • FBI has 1000 open domestic terror investigations
(DBN)

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Judges:

BK PR Further Extends Deadlines
(DBN)

Child Writes Adorable Letter to Toys 'R' Us Bankruptcy Judge
(DBN)

Twice-suspended former Alabama Chief Justice Moore wins GOP Senate primary
(DBN)

Rogue ex-court clerk sentenced for taking bribes to alter computer files in more than 1,000 cases • Court Clerk Guilty of Racketeering Tells Judge He Was ‘Addicted’ to Fixing Traffic Tickets
(DBN)

Justice Gorsuch On The Campaign Trail
(DBN)

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Wall Street:

US futures point to a lower open after Trump announces tax plans • U.S. stocks may struggle for direction as investors await GDP, more Fed speakers
(DBN)

Wall Street extends gains on tax reform framework • Stocks hit record highs as GOP reveals tax plan
(DBN)

Stock Investors Wrestle With Growing Debt
(DBN)

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Layoffs:

Uber shutting down U.S. car-leasing business, laying off 500
(DBN)

Binder & Binder To Lay Off 100 Employees
(DBN)

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Politics:

Trump suggests collusion between 'anti-Trump' Facebook and media giants • Majority Think Trump Unfit for Presidency
(DBN)

Is Steve Bannon Trump’s ‘Dark Angel’?
(DBN)

Tribes: One Nation, of Idiots and Evil People
(DBN)

Trump says Dallas Cowboys owner Jerry Jones promised him America's Team will stand for the National Anthem: 'Jerry is a winner who knows how to get things done' • Report: All Patriots To Stand For National Anthem Against Panthers • Yes, NFL Viewership Is Down. No, It’s Not All Trump. • Trump: NFL Must Change or Go to Hell
(DBN)

This tax plan is a looming political disaster for Republicans • Trump's base may have won Alabama, but the Goldman guys won the battle over his tax plan • House Freedom Caucus Supports Trump's Tax Plan
(DBN)

The Distance Between Donald Trump and Puerto Rico • Trump scrambles to convince Americans he can handle Puerto Rico crisis • Donald Trump turns to hurricane-hit Puerto Rico • Trump is Refusing to Let Other Countries Help Puerto Rico • What Trump has gotten right about Puerto Rico
(DBN)

Health and Human Services Sect. Price could be fired over private jet use, Trump indicates • Trump "not happy" with Tom Price • Will Trump Fire Tom Price Over Private Flights? 'We'll See' • 5 members of Congress are calling on Tom Price to resign over private flights
(DBN)

Roy Moore & the Death of the Mainstream GOP • Why Roy Moore’s win in Alabama probably doesn’t frighten Republican ‘establishment’ • Roy Moore's victory in Alabama could signal a wave of insurgent candidates like the tea-party uprising • Roy Moore Isn't Just Defiant. He's Dangerous.
(DBN)

Jared Kushner Reportedly Registered to Vote As a Woman
(DBN)

Prank played on Jared Kushner's attorney shows holes in email security
(DBN)

Donald Trump Jr. is reportedly back under Secret Service protection after ditching his detail for a hunting trip
(DBN)

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Healthcare:

Healthcare Loans: Five Tips for a Potentially Successful Workout
(DBN)

Whistle-blower: Former Broward CEO concealed major losses tied to 25-year cancer care contract • 21st Century Oncology accused of using kickbacks to win Broward Health contract • Corruption Allegations Involving Broward Health, Gov. Scott Unsealed In Whistleblower Suit
(DBN)

Trump says Republicans have the votes to pass health care repeal later • GOP Looking for Next Shot to Kill ObamaCare
(DBN)

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Credit Reporting:

The whole credit score model is 'ridiculous' • NY Regulator Subpoenas Equifax Over Massive Breach • Everything you wanted to know about your credit report but were afraid to ask • Equifax, other credit rating firms should prepare for ‘a different regime,’ Washington regulator warns • Disgraced Equifax CEO to Get $90 Million
(DBN)

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Advisors:

Restructuring Veteran Sheila Smith to Join Gordon Brothers’ Board of Advisors
(DBN)

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Diamonds:

New Delaware Chapter 11 Filing – Exelco North America, Inc.
(DBN)

Diamond Dealers Cling to the Old Days
(DBN)

______________

Autos:

Tesla Model 3 Not a Money Maker. Who Cares?
(DBN)

Top 10 states for 60-day delinquency in Q2
(DBN)

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Cybersecurity:

Deloitte Confirms Its Email System Was Hacked
(DBN)

Sonic confirmed that 5 million customers may have had their credit-card info stolen in data breach
(DBN)

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Economy:

Trump draws red line on tax overhaul • The 'doubled standard deduction' in the GOP tax plan is a lie • Corker: Tax reform will make health care "look like a piece of cake" • Here's what Trump's new tax plan means if you're the average person making $40,000 a year • Winners and Losers Under the Trump Tax Plan • Trump Proposes the Most Sweeping Tax Overhaul in Decades • Trump's 'small business' tax cut is actually for rich people like Trump • Trump says his tax plan is 'not good for me' — here are the 3 ways it could benefit him • FactCheck: Trump Tax Plan's Smoke & Mirrors • Who Benefits from Tax Plan is Misleading • $5.8 Trillion in Tax Cuts, No Way to Pay for It • This is how the GOP may pay for its tax plan, and it could hit Democrats hardest • GOP Tax Plan: Who Pays for This? • GOP Tax Plan is Not A Tax Plan at All • Trump, Republican tax plan could be a big hit to many Californians • Most Americans don’t want — or need — a cut in their federal tax rate • Trump’s Tax Plan: 12 Reactions You Need to Read • Tax Plan: $1 Trillion Giveaway for Rich • State legislatures ‘dismayed’ by GOP tax plan • Wall Street likes it, but most Americans disagree with cutting corporate taxes • Trump, GOP push tax cut for the ultra-wealthy • Here are all the details of Trump's massive tax cut plan • GOP tax plan cuts corporate interest deductibility •Trump's tax reform plan would dramatically lower rates for businesses, some individuals • More Americans favor raising than lowering tax rates on corporations, high household incomes • This is the most important point in the GOP tax-reform plan • How to separate fact from fiction in tax reform • Trump, Republicans want to scrap state and local deductions in tax overhaul • Ryan Says This Is a 'Now or Never Moment' for Tax Reform • Trump's Tax Reform Plan Was Created Almost Exclusively By White Men • Trump sells tax plan as "Middle Class Miracle" •Beware of Trump’s claim that wages will soar after he cuts taxes • Republican tax plan to allow for top individual rate above 35% • Trump, GOP tax plan would cut rates for many Americans • GOP proposes deep tax cuts, provides few details on how to pay for them • The new Republican tax plan, explained • What you need to know about the GOP tax plan • Corporate America Desperately Craves Tax Reform . Here's Why • The middle class doesn’t want a tax cut. It wants better government. • Trump has a much better shot with tax reform than health care • The GOP tax plan , explained in simplest possible terms • Trump says GOP tax reform plan will create 'revolutionary change' • GOP Tax Plan Omits Who is Going to Pay? • Grassley: Federal tax cuts will increase deficits at first • AFL-CIO slams tax reform as 'con game' • Trump's plan calls for slashing taxes on businesses, the wealthy • Tax-Cut Cash Could End Up in Unexpected Places The Republicans' Tax Blueprint Declines to Answer Some Hard Questions
(DBN)

All the ways Gen X is financially wrecked
(DBN)

Is the American paycheck great again?
(DBN)

Americans say labor market is getting worse
(DBN)

The top 1% of Americans now control 38% of the wealth
(DBN)

The big threat to retirement dreams
(DBN)

The world now has 16.5 million millionaires with a record $63.5 trillion in combined wealth
(DBN)

US Growth Starts to Help More People, But Wealthiest Win Most
(DBN)

Delta's CEO calls U.S. tariff ruling on Bombardier jets 'absurd' • US Slaps Hefty Tariff On Bombardier Jets, Angering Canada, UK • Boeing Double Standards on Bombardier Are Something to Behold • Bombardier overshadows NAFTA talks as Quebec, Britain threaten retaliation • A Trade Fight with Canada May Backfire
(DBN)

Negotiators Weigh NAFTA Progress as Canada Fumes Over Bombardier • NAFTA labor talks focused on rights, not salaries: Mexico • NAFTA negotiators make some progress, say lots of work remains
(DBN)

Men, young adults and rural Americans increasingly say college isn’t worth the cost
(DBN)

Education Isn't the Key to a Good Income
(DBN)

Minorities and Americans without college degrees showed greatest gains in wealth since 2013, new data says
(DBN)

The Cozy, Overcrowded, Keg-Filled Future of Work
(DBN)

One in 14 U.S. Workers are Having Their Wages Garnished with Child Support and Student Loans as Leading Causes, According to New ADP Research
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

Pending home sales drop 2.6% in August; Top Realtors economist warns housing market 'stalled' • Home-contract signings tumble to near 2-year low, hit by hurricanes and tight supply
(DBN)

Zillow Forecast: "August Case-Shiller Forecast: Annual Home-Price Gains Aiming Higher"
(DBN)

Mortgage Applications Decrease Slightly in Latest Weekly Survey
(DBN)

Move over, millennials — Generation Z can hardly wait to start buying homes
(DBN)

This is how far $1,500 goes when apartment hunting in the world’s ‘most magnetic’ cities
(DBN)

Freddie Mac: Mortgage Serious Delinquency rate declined in August, Lowest since April 2008
(DBN)

States with the Largest Year-over-Year Change in Negative Home Equity
(DBN)

Baltimore’s ‘Kushnerville’ Tenants File Class Action Against Landlord • Kushner Family’s Apartment Management Firm Is Sued Over Fees
(DBN)

Why Trump should have ditched the mortgage-interest deduction
(DBN)

____________

Municipalities:

For desperate Puerto Ricans, fuel a precious commodity • Tiny Fleet Converges on Puerto Rico With Lifeblood Diesel • Puerto Rico Being Denied Fuel Shipments • An obscure, 1920 shipping law might be crippling Puerto Rico even more — and Trump is under pressure to take action • What is the Jones Act, and why does Puerto Rico want it gone?
(DBN)

Most of Puerto Rico's 3.4 million people lack water • With Bottles And Buckets, Puerto Ricans Seek The Water To Survive
(DBN)

Puerto Rico's Hospitals Are Still Facing Dangerous Power Outages • 'This is like in war': A scramble to care for Puerto Rico's sick and injured • Amid power outages, hospitals pushed to their limits in Puerto Rico
(DBN)

Hundreds leave homes near dangerously crumbling Puerto Rico dam
(DBN)

The Devastation in Puerto Rico, as Seen From Above • Puerto Rico Is Recovering Much More Slowly Than Texas and Florida. These Satellite Photos Prove It
(DBN)

‘If anyone can hear us … help.’ Puerto Rico’s mayors describe widespread devastation from Hurricane Maria • Mayor Issues 'SOS.' as Puerto Ricans Scramble to Help Most Vulnerable • 'Nothing, nothing.' Aid lags in hurricane-torn Puerto Rico
(DBN)

Puerto Rico deserves a just recovery. Its debt must not stand in the way • How Can Puerto Rico's Debt Problems Be “Dealt With”? • Puerto Rico faces a 'death spiral' that goes way beyond the humanitarian crisis • Did Puerto Rico’s Failed Economy Play a Role in Its Devastation? •Puerto Rico creditors call for necessary govt assistance after hurricane • With Puerto Rico in Ruins, Bondholders Offer Cash for Big Gains
(DBN)

Puerto Rico governor asks the Fed and Treasury for loans to rebuild after Hurricane Maria
(DBN)

What Puerto Rico's Catastrophe Means for Bondholders • Who owns Puerto Rico's mountain of debt? You do
(DBN)

PREPA Bondholder Group Offers $1 Billion New Cash to Struggling Puerto Rico Utility • Puerto Rico creditors offer $1 billion loan to restore power, but conditions apply • Puerto Rican Debt Holders Respond to Catastrophic Hurricane by Offering Puerto Rico More Debt • Puerto Rico May Get Help from Unlikely Source: Its Lenders
(DBN)

Storm claims could top $100 billion; for Puerto Rico, 'Maria changes everything'
(DBN)

'Hundreds of guests' still trapped in Puerto Rico after Maria devastation, Marriott CEO says
(DBN)

White House reportedly blocking lawmakers from visiting Puerto Rico
(DBN)

Feds won't waive shipping law for damaged Puerto Rico
(DBN)

Pentagon sends general to Puerto Rico to oversee hurricane response
(DBN)

So many storms: After Harvey and Irma, can a thinly stretched FEMA come through for Puerto Rico?
(DBN)

AM Best says global reinsurers to bear material share of loss from Maria
(DBN)

Pitbull, Mark Cuban lend private jets for hurricane relief in Puerto Rico • Mark Cuban, Pitbull step up, but Trump administration making Puerto Rico evacuees pay
(DBN)

DiNapoli: Albany and Watervliet have "significant" financial stress
(DBN)

Bankruptcy Hartford's Best Option? • Hartford debt default a 'virtual certainty,' says S&P
(DBN)

______________

Oil/Gas:

Oil prices mixed after US crude stockpiles drop, gasoline stocks jump
(DBN)

Oil shortages could push prices all the way to $80, commodities expert says
(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 (20 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (7 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:

How the bankruptcy system is failing black Americans • Data Analysis: Bankruptcy and Race in America • Caught in the Bankruptcy Feedback Loop • In the South, Bankruptcy is Different, Especially for Black Debtors
(DBN)

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Sales:

Post-Confirmation Bankruptcy Sale Matters: Will the Bankruptcy Court Be Willing and Able to Referee?
(DBN)

______________

Proofs of Claim:

Decision in Ponzi Scheme Case Highlights the Importance of Filing Timely Proofs of Claim
(DBN)

______________

Litigation:

Using litigation finance: 12 Leading lawyers weigh in
(DBN)

______________

Insurance:

Directors, Officers, Creditors Beware: D&O Coverage Narrowed in Bankruptcy Cases
(DBN)

More About the Problems with Pure Claims Made and Reported Policies
(DBN)

______________

Travel:

Global airport chaos 'after computers systems crash' causing major disruption at check-in desks across the world
(DBN)

Woman Dragged Off Flight Over Dog Allergy Complaint; Demanded Pet Removed • Southwest Airlines apologizes after a woman was forcibly dragged off its plane by police
(DBN)

Some ‘elite’ Delta customers are very unhappy about a big change the company just made
(DBN)

______________

Corporate Reform:

Democratic leaders fight Senate arbitration vote • Democrats Use Equifax, Wells Fargo to Defend Rule on Bank Suits
(DBN)

______________

Aviation:

Ryanair Cancels More Flights, Affecting 400,000 More Passengers • Ryanair Extends Flight Cancellations Into 2018 • Ryanair could face legal action for 'persistently misleading passengers' over flight cancellations • Ryanair abandons bid for Alitalia as flights crisis grows with more than 305,000 customers now affected
(DBN)

______________

Nuclear:

Westinghouse asks Court to Force Continuation of Vogtle Contract • Westinghouse asks court to block Georgia Power from canceling Vogtle contract
(DBN)

Utilities sell settlement over failed nuclear power project
(DBN)

Summer Settlement Agreement Sold, Still No Buyer for Stalled Expansion
(DBN)

______________

Telecoms:

What's Up with Windstream? • Windstream says noteholder's notice of default over Uniti asset transfer is without merit
(DBN)

______________

Pharma:

Big Pharma Is Getting Hit With a Huge Wave of Opioid Suits
(DBN)

______________

Retailing:

Kid writes persuasive letter to judge pleading with him to keep Toys R Us from going under • Toys ‘R’ Us to Receive a Cheaper Rate on Bankruptcy Loan • As guessed, Toys R Us’ bankruptcy has led to a business ripple effect • Toys R Us sales slump deepened ahead of bankruptcy • Toys 'R' Us bankruptcy catches US toymakers flatfooted
(DBN)

Malls Struggle to Compete With Online Shopping
(DBN)

Alfred Angelo bankruptcy auction collects meager $245K for creditors
(DBN)

'Amazon Effect' Leads Investors to Sour on Retail
(DBN)

Good news for retailers in holiday shopping survey - AlixPartners
(DBN)

______________

Agriculture:

MI: Court approves farm's bankruptcy plan
(DBN)

______________

Marijuana:

What Happens When a Pot Business Fails?
(DBN)

______________

Taxis:

How to get a 5-star passenger rating on Uber, according to drivers
(DBN)

______________

Distressed Investing:

SEC fraud case against investor Lynn Tilton dismissed • Tilton, Patriarch beat SEC fraud charges
(DBN)

______________

Food/Beverage:

Grocery Store Meltdown Triggers Creditor Lawsuit Against Comvest
(DBN)

______________

Surfing:

Surf Contest future is unclear
(DBN)

______________

UK:

British Banks Pessimism Continues Rise
(DBN)

The Bank of England's chief economist says we're close to solving 2 of the economy's biggest issues
(DBN)

Theresa May Threatens US with Trade War
(DBN)

______________

PIIGS:

EU considers greater protection for savers after run on Banco Popular
(DBN)

Angela Merkel Let In A Million Refugees And Now Wolfgang Schäuble Can’t Yell At Greeks Anymore
(DBN)

______________

Brazil:

Brazil's Oi mulls increasing size of capital plan, paper reports
(DBN)

______________

India:

Air India Sale: Debt-Ridden Airline Gets More Suitors For Ground Handling Unit
(DBN)

Plea In High Court Against Provisions Of Insolvency And Bankruptcy Code
(DBN)

______________

Australia:

In Defence Of Restructuring, Insolvency And Turnaround Professionals
(DBN)

The status of the trustee’s right of indemnity in the winding up of insolvent trustees – the latest guidance from the Federal Court of Australia
(DBN)

Superannuation death benefits and bankruptcy
(DBN)

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