September 6, 2017

The Daily Bankruptcy News

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Law:

In-House and Outside Counsel Can Expect Higher Salaries in 2018, Study Says
(DBN)

Law Firm Mergers Continue at Record Pace
(DBN)

Legal sector gains 100 jobs in August after sharp downturn in July
(DBN)

How America’s Top Law Firms Get Away With Paying Women Less
(DBN)

DA slams ex-Dewey CFO's bid to nix fraud conviction
(DBN)

Steptoe asks court to hold off on attorney's pay bias suit for arbitration ruling
(DBN)

Joshua Morse joins DLA Piper Restructuring group in San Francisco DLA Piper Picks Up Jones Day Insolvency Pro
(DBN)

Arnstein & Lehr to merge with Saul Ewing in deal, one of legal industry’s largest in 2017 Saul Ewing and Arnstein & Lehr Merge to Create Firm with Expanded Capabilities and a Greater Depth of Talent Saul Ewing, Arnstein & Lehr merge to form 400-attorney firm
(DBN)

Ballard Spahr Grows to 650 Lawyers With Lindquist & Vennum Deal Large Philadelphia Law Firms Announce Mergers
(DBN)

Sedgwick loses NYC managing partner
(DBN)

Ex-Sedgwick Partner Who Sued Firm Finds New Home as Defections Continue After settling equal-pay lawsuit, Sedgwick partner joins another firm
(DBN)

Longtime Kasowitz partners decamp for Kirkland & Ellis
(DBN)

Deluge of Big Law Hires Kick Off Fall Season
(DBN)

Who Will Win The Battle For The Soul Of Legal Education: University Grandees Or Hessians Craft Guild?
(DBN)

Marketing Exec Leaves Cravath After Long Run
(DBN)

UK elite law firm partners earn over £2 million a year
(DBN)

Post-Harvey, Houston Law Schools Reopen, With Challenges
(DBN)

How You Can Help Houston Law Students, Staff, And Faculty In The Wake Of Hurricane Harvey
(DBN)

A Little Bit Of Data Can Be A Lot Dangerous When It Comes To LSATs And Bar Passage
(DBN)

Can I Be an Introverted Attorney in a Profession that Seems Made for Extroverts?
(DBN)

7 Networking Tips That Will Reap Benefits Fast
(DBN)

Disbarred atty gets more than 3 years for scheme to defraud Bank of America
(DBN)

The Trump administration is ending a program that protected the children of immigrants Dreamers, by the numbers Harvard student protected by DACA: 'Everything I've been working for could be erased in a second' Who's at risk from Trump's DACA decision Mark Zuckerberg calls Trump ending DACA 'cruel' and 'a sad day for our country' The best legal argument against Trump’s DACA revocation 3 questions facing employers as DACA dissolves Trump adds to uncertainty, says he may ‘revisit’ DACA in 6 months Democrats slam the end of DACA, while GOPers are mixed White House says Trump wants comprehensive immigration reform, not just DACA bill Mexico Stunned After Trump Dump of DACA Fight over Dreamers to test Bannon’s juice outside the White House Trump administration ends DACA program as court battles loom McCain condemns Trump's move to end DACA; other GOP leaders say they'll pass larger reform How Immigration Hardliners Are Forcing Trump's Hand on DACA Why Trump Should Welcome Dreamers IBM on DACA: ‘We Stand By Our Dreamers’ When DeVos Told Dreamers They Had Nothing to Worry About Trump Administration to Dreamers: Prepare Yourself to Self-Deport Congress reacts to Trump's rescission of DACA One big problem on DACA: Trump does not know what he wants Read Barack Obama's response to Trump's decision to end DACA As American kids pour across the border, Mexican schools struggle to keep up Cher offers "Dreamers" a place to take refuge Immigration Hardliners Cautiously Praise Trump for Ending DACA Mexico 'profoundly laments' U.S. move to end 'Dreamers' program Ending DACA: Repeating 1924 All Over Again Majority of Trump voters approved of DACA Many DREAMers are Now Shattered President Trump's statement on DACA Jeff Sessions Announces End to DACA Program: ‘We Cannot Admit Everyone Who Would Like to Come Here’ Jeff Sessions announces he's killing DACA while spreading falsehoods about immigrants Jeff Sessions remarks on DACA, fact-checked Jeff Sessions remarks on DACA, fact-checked Don't Believe What Jeff Sessions Said About Jobs
(DBN)

The man accused of killing and dismembering a journalist on board his home-made submarine just offered an explanation for the death
(DBN)

A woman's Facebook posts show how social media can undermine medical malpractice cases
(DBN)

Your iPhone and iPad will soon get these five useful new features
(DBN)

Trump family and associates to be in Russia probe crosshairs Manafort is reportedly blocking the FBI from reviewing his interview with Congress about the Trump Tower meeting Robert Mueller is dealing with an uncooperative Congress, but his investigation marches on Only Mueller's Team Knows What It's Actually Doing Trump Russia Probes Now on Multiple Fronts US House panel issues subpoenas to Justice Department over Trump dossier
(DBN)

Murder Suspect Used LYFT to Move Body 100+ Miles...
(DBN)

Ohio Cop Thought News Camera Was a Gun
(DBN)

White supremacist group sues university over refusal to rent room for speech White Supremacists Sue To Invade Another College Campus
(DBN)

Judge denies ‘exorbitant’ request for nearly $1M in attorney fees after $125K recovery
(DBN)

Red Sox caught using Apple Watch to steal signs from Yankees
(DBN)

For people who love their jobs, being a workaholic isn’t a health risk
(DBN)

Lawyer Admonished for Helping Client Leak GE Docs to Media
(DBN)

Man 'had parents fly from India to help him beat his disobedient wife'
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Judges:

BK SD FL Prepares For Hurricane Irma
(DBN)

BK PR: Deadlines Extended For Hurricane Court Closing
(DBN)

Al Franken declines support for Trump's 8th Circuit pick
(DBN)

Indicted Pennsylvania judge asks to delay bribery trial
(DBN)

Bankruptcy Judgeship Act of 2017 Passes In Senate
(DBN)

Courts and one law school in Florida announce closures as Hurricane Irma strengthens
(DBN)

World's 'most influential legal thinker' steps down A Personal Tribute To Judge Posner And The Life Of The Mind
(DBN)

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Wall Street:

US stock futures kept in check by worries over North Korea
(DBN)

Global Stocks Follow US Lower as Raft of Fears Grip Investors
(DBN)

Markets clobbered, Dow drops 250 points
(DBN)

Bank stocks on pace for worst one-day slide in more than 3 months
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Layoffs:

Oracle slashes at least 900 Santa Clara jobs, more worldwide
(DBN)

Why automation is a boon to the American worker
(DBN)

Most Americans aren't afraid of robots taking their jobs, a recent poll shows
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Politics:

Professor: 37 Historic Dictionaries Disagree With Trump's Definition of 'Emolument'
(DBN)

North Korea gives defiant response to U.S. over latest nuclear test
(DBN)

Mitch McConnell and Donald Trump are not on speaking terms: report
(DBN)

EPA Official: No More Climate Change Stuff
(DBN)

Is the Electoral College Finally Doomed?
(DBN)

Apparently, John Kelly Doesn't Like Trump
(DBN)

Bannon's Disruptive Plans Just Getting Started
(DBN)

Charlottesville Council Votes to Remove Confederate Statue After Tense Hearing
(DBN)

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Education:

Fake online schools peddle 200,000 bogus degrees each year — here's how to avoid falling victim
(DBN)

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Consultants:

Eric Kurtzman and Jonathan Carson named Co-CEOs of Bankruptcy Management Solutions
(DBN)

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Religion:

Fate of bankruptcy plans in judge's hands
(DBN)

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Pensions:

Troubling Court Decision Sends Withdrawal Liability Warning To Employers
(DBN)

Kentucky Public Employee Retirements Surge As Fears Of Pension Collapse Mount
(DBN)

Emergency Status Hearing Friday on St. Joseph Pension Fund Bankruptcy
(DBN)

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Metals:

Optima Specialty Steel, Inc. Continues Working toward Consummating a Plan of Reorganization
(DBN)

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Autos:

Carmakers' Programs to Help Houston Victims
(DBN)

Car of the Future Will Kill Local Repair Shops
(DBN)

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Economy:

Moody's: If the US defaults, it won't regain its top-notch debt rating
(DBN)

US factory orders post biggest drop in nearly three years
(DBN)

Prime Working-Age Population near 2007 Peak
(DBN)

U.S. Economic Confidence Surges, Then Declines, in August
(DBN)

Congress has 25 days to sidestep an economic disaster
(DBN)

Then and Now: The Big Shift at Work
(DBN)

A key Fed official just admitted the central bank got inflation wrong and so it may delay a hike
(DBN)

Animated map shows the staggering salary differences between the highest-paid men and women
(DBN)

How the black-swan fund became an endangered species again
(DBN)

Self-made millionaire: Universal basic income goes against the constitution
(DBN)

Latest NAFTA Talks Ending, No Breakthroughs What Everyone Wants from NAFTA Talks
(DBN)

How Closely is Your State Economy Tied to Canada?
(DBN)

The U.S. economy must prepare for a low-immigration future
(DBN)

Summer employers hired American amid Trump visa squeeze
(DBN)

Conference Board’s employment trends index rose in August
(DBN)

A survey finds support for both globalization and import tariffs
(DBN)

Corporate Tax Reform Would Increase Employment By 6%-22% And Wages By 15%-28%
(DBN)

To Raise Wages, Make Employers Compete for U.S. Workers
(DBN)

Here's how much DACA deportations would cost your state's economy Ending DACA could cost the economy up to $200 billion, CATO expert says
(DBN)

What Trump is doing with DACA and trade could backfire badly
(DBN)

Job Creators Network launches multi-million dollar tax campaign Trump's top advisors discuss tax initiatives at White House summit
(DBN)

Inflation Chatter Ripples Through Bond Market
(DBN)

Trump threatened to stop trade with any country that does business with North Korea, and that would be an economic disaster All the countries that currently trade with North Korea
(DBN)

Republicans will punt wall fight to December How Nasty Will the December Budget Fight Be?
(DBN)

If Trump put his Twitter threats into action, China's economy would get slammed — here's which parts would get hit the hardest
(DBN)

'I was the one who was truly out of touch': Mnuchin's wife Louise Linton apologizes for controversial Instagram post
(DBN)

More than 26% of temps participate in social safety-net programs
(DBN)

Republicans are planning to deal with the debt ceiling and Hurricane Harvey relief in one giant package House Readies Harvey Aid as Senate GOP Mulls Adding Debt Limit
(DBN)

There’s a ‘big red flag’ on this chart showing how Americans spend their money
(DBN)

BofA: Even The Bubbles Are Becoming More "Bubbly" Thanks To Central Banks
(DBN)

Automation could wreak havoc on countries with a 'youth bulge'
(DBN)

Public and Private Sector Payroll Jobs: Carter, Reagan, Bush, Clinton, Bush, Obama, Trump
(DBN)

Does Loss of Manufacturing Jobs Lead to Lower Life Ratings?
(DBN)

US Debt Clock
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World Debt Clock
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Real Estate:

Fannie Mae, Freddie Mac suspend foreclosures and evictions in wake of Hurricane Harvey
(DBN)

House Prices up 6.7% Year-over-year in July
(DBN)

The top 10 cities where it's easiest to rent an apartment
(DBN)

Almost half of top US housing markets are 'overvalued'
(DBN)

The ‘pressure cooker’ housing market keeps defying forecasts
(DBN)

Ninth Circuit Allows Property Sale Free and Clear of Leases
(DBN)

Development around Padre Island Schlitterbahn avoids foreclosure - for now
(DBN)

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Municipalities:

Hurricane Irma on a Path for Bankrupt Puerto Rico
(DBN)

Hurricane Irma isn't what Puerto Rico needs right now ‘May God protect us all’: Puerto Rico and tiny islands in Irma’s path fear for the worst Puerto Rico May Dodge The Worst Of Hurricane Irma, But Challenges Remain
(DBN)

As Hurricane Irma Nears Puerto Rico , Bonds Rise, REITs Fall
(DBN)

Hurricane Irma threatens Puerto Rico with 6-month blackouts
(DBN)

U.S. Virgin Islands to lose credit rating if it stops working with S&P
(DBN)

Kentucky’s state workers rush for retirement ahead of possible pension changes
(DBN)

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Oil/Gas:

Oil prices surge 3% as refineries restart after Harvey
(DBN)

US gasoline pump prices climb even as refineries restart
(DBN)

Houston Slows But Doesn't Stop Energy M&A
(DBN)

Horizontal Rig Counts Continue to Decrease
(DBN)

Conoco and BP Houston headquarters still closed after Harvey
(DBN)

Venezuela Arresting Oil Execs Again
(DBN)

Hurricane Irma Could Destroy Oil Demand
(DBN)

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Retailing:

America is facing a 'retail refugee crisis' as thousands of stores shut down and millions of people become the 'blacksmiths of their era'
(DBN)

RadioShack's Future Hangs on Independent Dealers
(DBN)

3 things developers are keeping an eye on amid the retail bankruptcy wave
(DBN)

More retailers are asking their bankers to call Amazon's Jeff Bezos
(DBN)

No Stress Distress: Asset management Strategies For Facing Downturns With Style
(DBN)

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Aviation:

The Five Biggest Airlines Plunged 7.5% in August, Wiping Out $10 Billion in Market Value
(DBN)

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Toys:

Lego grew too fast for its own good and now it’s paying the price
(DBN)

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Education:

Some Cash-Strapped Private Colleges Cut Programs, Sell Assets
(DBN)

U.S. Colleges Slip in Global Rankings
(DBN)

How One School System is Disrupting Education
(DBN)

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Banking:

Wells Fargo Should Focus on Its Actual Misbehavior, Not on Perceptions Another Consumer Lawsuit for Wells Fargo
(DBN)

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Corporate Reform:

Wells Fargo Proves Ending Bank Reg is Dumb
(DBN)

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Marijuana:

How legalization caused the price of marijuana to collapse
(DBN)

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Weather:

Cat 5 Hurricane Irma to track toward US; Residents of East and Gulf coasts urged to prepare now ‘Potentially catastrophic’ Irma makes landfall in the Caribbean Irma is a rare hurricane and it is hard to figure out where it is headed Here are all the areas in Hurricane Irma's path and when the storm could arrive Trump signs emergency declarations as Irma reaches record strength Irma becomes strongest Atlantic hurricane outside Gulf and Caribbean ever recorded Hurricane Irma strengthens as Florida governor declares state of emergency Panic Prepping Begins In Florida Florida prepares as Hurricane Irma grows into 180mph 'superstorm' What Will Hurricane Irma Do Next? How Hurricane Irma Could Ruin the NFL’s Opening Weekend Hurricane Irma's damage could equal Katrina's, Barclays predicts Pentagon diverts 2 warships, Marine expeditionary unit for Hurricane Irma relief Virgin Islands Allows National Guard To Seize Guns, Ammo Ahead Of Hurricane Irma What Hurricane Irma means for upcoming travel Irma forces cruise operators to cancel sailings Hurricane Irma: Airlines expand change-fee waivers to include Florida airports European stocks head for 3rd straight loss as Irma weighs on insurers
(DBN)

Houston landlords demanding rent from tenants who can’t return to their flooded homes Legal Issues Facing Those Trying To Rebuild After Hurricane Harvey The Tax Consequences Of Hurricane Harvey (And Other Natural Disasters) Houston's Zoning Wasn't the Problem Where the Government Spends to Keep People in Flood-Prone Houston Neighborhoods The Environmental Fallout of Hurricane Harvey Reminder From Harvey: Our Brains Aren't Wired to Buy Enough Insurance Houston has the money but not the workers to recover Homeowner sign: 'Looters will be shot dead' Thieves looted flooded home with drowning victim still inside After the rain, eviction notices for many Waiter fired for Facebook post saying he hopes 'cheap' Harvey evacuees 'die slow' Houston Open for Business - Sort Of Celebrities to Host Harvey Relief Telethon Houston Residents Sue Washington Over Flooded Homes Trump cancels Texas fundraisers
(DBN)

Irma, Harvey reveal ‘massive national security risks’
(DBN)

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New Bankruptcy Opinions
(5 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (26 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (43 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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Finance:

When Is a Loan Participation a Sale, When Is It a Loan and Why Does It Matter?
(DBN)

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Insolvency:

Admitting an Inability to Pay Debts as They Become Due: What Does It Mean?
(DBN)

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Limitations:

8th Cir. Holds Deficiency Claim Time Barred Despite Intervening Bankruptcy
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Arbitration:

Following Series Of Procedural Battles, Bankruptcy Court Sends MF Global Holdings Dispute To Arbitration In Bermuda
(DBN)

Enforcing Arbitration Provisions In Bankruptcy Cases – Another Court Weighs In
(DBN)

Republicans Accelerating Repeal Of Rule To Restore Consumers' Right To Sue Banks
(DBN)

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Trustees:

BK ED NY Seeks Chapter 13 Standing Trustee
(DBN)

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LBOs:

Judge Tosses Out LyondellBasell Creditors' Clawback Lawsuit
(DBN)

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UCC:

Illinois Case Demonstrates Need for Changes to UCC Article 9
(DBN)

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Mediation:

A Cool Play from the Litigation / Mediation Playbook
(DBN)

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Litigation:

New research shows continued growth of litigation finance
(DBN)

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Food/Beverage:

Fallout for restaurant industry could be even worse than forecast after Harvey batters Texas
(DBN)

Restaurant stocks plummet as Hurricane Irma is set to batter Florida
(DBN)

Haynes and Boone Represents Landry’s in Acquisition of Joe’s Crab Shack
(DBN)

Bankrupt soup purveyor and Seinfeld inspiration says it has resolved Ch. 11 plan objection
(DBN)

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Healthcare:

Evergreen Health to be liquidated after being found insolvent
(DBN)

Med School Grads Go to Work for Hedge Funds - While the U.S. suffers a shortage of doctors
(DBN)

Obamacare advocates warn Trump, GOP of political peril if 'sabotage' of health-care law continues Pessimism greets ACA stabilization effort
(DBN)

More than half of rural counties don’t have a hospital where women can give birth
(DBN)

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Nutritional Supplements:

Vitamin World CEO says chain plans to file for bankruptcy protection
(DBN)

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Energy Storage:

Swiss parent of battery maker Alevo may also file for bankruptcy
(DBN)

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Environmental:

Coal Giant Says Bankruptcy Shields It From California Climate Suit
(DBN)

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Credit Reporting:

Getting bad medical debt off your credit report is about to get a lot easier
(DBN)

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Personal Finance:

These 3 lessons can save you if you lose your job
(DBN)

5 questions to ask your doctor that can help lower medical costs
(DBN)

See How Your Spending Compares to the Average Joe’s
(DBN)

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Newspapers:

Rogoff attorney files proposal for auction sale of Alaska Dispatch News
(DBN)

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UK:

EU negotiators believe extra Brexit talks would be pointless as 'we have run out of things to explore'
(DBN)

British PM Now in Double Brexit Trouble
(DBN)

Liam Fox admits UK doesn't have the 'capacity' to strike international trade deals
(DBN)

The sector that makes up nearly 80% of Britain's GDP is stuttering, 11-month low
(DBN)

UK balking at Brexit "divorce bill" is hampering negotiations, EU officials say
(DBN)

UK Economy is Broken, Including Inequality
(DBN)

No-deal Brexit could wipe out £3.5bn in UK automotive exports
(DBN)

U.K. Well On Its Way To Becoming Colder, Damper Cayman Islands
(DBN)

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PIIGS:

ie: High Court declares John and Dolores Quinn bankrupt
(DBN)

Catalonia set for clash with Madrid over independence vote
(DBN)

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Brazil:

Brazil’s police raid Olympic committee president’s home
(DBN)

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Norway:

Ryanair CEO claims Norwegian is running out of cash and 'will not survive the winter'
(DBN)

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India:

Eye on India: Bankruptcy Code explained
(DBN)

The jury is still out on bankruptcy code
(DBN)

Gung ho on bankruptcy code
(DBN)

Supreme Court On Innoventive Industries: Recognition Of Paradigm Shift In Insolvency Law
(DBN)

Banks start moving on RBI's second defaulter list
(DBN)

Banks wary as IRPs look to raise funds in insolvency cases
(DBN)

Firms fight hard to fix debt mess, but insolvency axe looms
(DBN)

Jaypee Infratech insolvency case: Supreme Court is walking a tight rope as home buyers enter the fray
(DBN)

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Australia:

Creditors baulk at BBY insolvent trading settlement
(DBN)

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Ukraine:

Deposit Guarantee Fund last week sold assets of 33 insolvent banks
(DBN)

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Netherlands:

Four in 10 Dutch nursing homes are making a loss
(DBN)

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Australia:

Gordon, Murdoch in legal challenge to Ten takeover Court challenge looms for CBS's Ten deal
(DBN)

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Germany:

German investor Woehrl expects to bid for Air Berlin next week
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