April 11, 2018

The Daily Bankruptcy News

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Law:

Courthouse Security ‘Tirades’ Get Lawyer Banned from Bankruptcy Court
(DBN)

Fish & Richardson offers bonuses of up to $115K for Federal Circuit clerks
(DBN)

Strasburger & Price Merges with Clark Hill Clark Hill and Strasburger & Price announce merger
(DBN)

Marketing Professionals Play More Significant Role at Law Firms, Survey Results Show
(DBN)

Law School Applicants With LSATs 160+ Surge 21%
(DBN)

Firm Says Money Safe After Rogue Lawyer's Insurance Scam
(DBN)

I Just Got Fired. How Bad Is This for My Career?
(DBN)

The Law Schools With The Worst ‘Ultimate’ Bar Pass Rates
(DBN)

Ranking The Best Law School Buildings In America (2018)
(DBN)

Law School ‘Significantly Out Of Compliance’ With Accreditation Standard
(DBN)

Why Startups Fail Is Also Why Solo And Small Law Firms Fail
(DBN)

UK: SFO using AI to replace lawyers
(DBN)

In-House Indumbnification
(DBN)

What Biglaw M&A Practice Is Already Killing It In 2018?
(DBN)

Wisconsin law requires all litigation funding arrangements to be disclosed
(DBN)

For Trump and Cohen , attorney-client privilege goes only so far Trump lawyer Cohen calls FBI agents 'courteous' and 'respectful' after raid Kellyanne Conway’s husband just schools Trump on the limits of attorney-client privilege George Conway Makes Strong Case For Mansplaining Kellyanne Conway's Husband Massively Trolls Trump over Michael Cohen FBI Raid What about attorney-client privilege? How the FBI can obtain a warrant for Cohen's office A look at attorney-client privilege after Michael Cohen raid A look at attorney-client privilege after Michael Cohen raid Crime-Fraud Exception Raises Questions for Cohen Raid Trump Lawyer Michael Cohen Was Discrete Presence at Squire Patton Boggs Law firm raids bode ill for lawyers and their clients -legal experts Mueller Back in Trump’s Sights After Raid on Lawyer Warrants for Trump Lawyer Cohen Prompt ‘Special Procedure’ Rudy Giuliani surfaces to say Cohen raid is no big deal: ‘This is the way prosecutors get information’ Rudy Giuliani Gives the Most Bizarre Explanation Yet for Cohen FBI Raid Dershowitz: Justice Department violated Michael Cohen's constitutional rights After Saying He Doesn't Give Advice to Trump, Dershowitz Meets to Give 'Input' to President Seizure of Cohen Records Akin to Salem Witch Trials, McCarthyism Michael Cohen Is Such an Awesome Lawyer FBI raid on Trump lawyer Michael Cohen sends shockwaves through GOP leadership ranks Trump lawyer Michael Cohen: The loyal ‘fixer’ now under federal scrutiny Michael Cohen in Serious Legal Jeopardy After FBI raids, Trump’s longtime fixer out of the shadows Stormy Daniels cooperating with federal prosecutors probing Trump lawyer Michael Cohen Trump decries FBI raid on his lawyer in morning tweets The Justice Department had to go to extraordinary lengths to conduct a raid on top Trump lawyer Michael Cohen Inside the close relationship of Trump and his 'pit bull' lawyer Michael Cohen — who paid Stormy Daniels, says he would 'take a bullet' for Trump, and was just raided by the FBI Trump attorney Cohen is being investigated for possible bank fraud, campaign finance violations 'The president can't stop this train': Trump's fury reaches new heights as the Cohen raid 'hits close to home' Trump lashes out as Cohen raid fuses Russia probe and Stormy case President 'less inclined' to sit down with Mueller after raid on attorney Trump’s Alleged Affairs Become a Legal Threat After Raid on His Lawyer Trump Lawyer’s Records Are Seized as Hush Money Questions Swirl Raid on Trump’s Lawyer Sought Records of Payments to Women Trump's critics say we're back in 'constitutional crisis' territory as he fumes at Mueller over the Michael Cohen raid No, This Trump Appointee Was Not 'in' on the Cohen FBI Raid Rosenstein personally approved FBI raid against Trump lawyer Michael Cohen: NYT Report: Michael Cohen Once Threatened Harvard Student With Expulsion For Prank Involving Trump Trump Lawyer Reportedly Invested in New York City Taxi Medallions
(DBN)

There's one other person the FBI targeted as aggressively as Michael Cohen
(DBN)

It looks like Trump's plan to protect himself in New York has backfired spectacularly Trump-appointed US attorney recuses from Michael Cohen investigation Manhattan US attorney reportedly recused himself in Michael Cohen probe before FBI raid I’d Like To Think That Somewhere Trump Is Fuming, As Another Hand Picked Lawyer Recuses Himself
(DBN)

Trump's Assault on the Rule of Law We're Going to Find Out If Trump Is Above the Law
(DBN)

Special counsel is reportedly probing donation to Trump’s foundation by Ukrainian businessman
(DBN)

Trump 'certainly believes' he has the power to fire special counsel Robert Mueller: White House Sarah Sanders is Right, President Trump Can Directly Fire Robert Mueller How financial markets would react if Trump ever fired Mueller Trump reportedly demanded in December that Mueller be fired The White House just signaled which way Trump is leaning on firing Mueller Senate GOP leaders warn Trump not to fire Mueller but reject calls for legislation to protect him Sen. Grassley: If Trump Fires Mueller It's Political Suicide Mr. President, If “Many People Have Said You Should Fire Mueller” . . . Many People Are Wrong
(DBN)

Trump considering firing Rosenstein: report Devin Nunes suggests he has a plan to go after Rod Rosenstein and Christopher Wray
(DBN)

ABC: Comey compares Trump to mob boss
(DBN)

Zuckerberg says Facebook is working with special counsel Mueller in probe 'This is an arms race': Zuckerberg has 'confidence' Facebook will handle 2018 election meddling
(DBN)

Ex-Dickstein Partner's $64M Malpractice Verdict Still Ensnares Firm, Insurers
(DBN)

CBS execs are freaking out over looming Charlie Rose exposé Weinstein prosecution would be 'the case of the century' — so stakes high for DA Harassment Reports Up Amid #MeToo Movement, New Data Shows Michigan State's Nassar Scandal May Be Costlier Than Sandusky
(DBN)

Bank of America to stop lending to clients who make assault rifles
(DBN)

4 tips for starting a conversation without seeming awkward
(DBN)

Salary history doesn’t justify paying women less, 9th Circuit rules in opinion written by late judge
(DBN)

Nearly 200 female lawyers march to Oklahoma statehouse to support teachers
(DBN)

The Miami Marlins are claiming citizenship in the British Virgin Islands as a part of a bizarre legal strategy
(DBN)

CA: Sheriff: Cheaper to Kill than Wound Them
(DBN)

Sanctions motion argues law firm secretly recorded job interview to gain information for suit
(DBN)

I Wonder Why This Job Is Open… Oh Right, The B---- Thing
(DBN)

Human Rights Lawyer Amal Clooney Lands Her First ‘Vogue’ Cover
(DBN)

Man Charged With Stealing $1.2 Million Worth Of Fajitas — We Have Some Questions
(DBN)

T.J. Miller busted for ‘drunk’ bomb threat on Amtrak train
(DBN)

Contractor Charged With Carting Away Woman’s Roof
(DBN)

Court throws out case over 'Mr. Stinky'
(DBN)

Law Professor Band Puts Student Law Revue Submissions To Shame
(DBN)

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Judges:

Mora Appointed West Palm Beach’s Newest United States Bankruptcy Judge
(DBN)

Trump Picks Judges For 3rd, 11th Circuits Trump Taps 20 to Fill Federal Court Vacancies
(DBN)

The Junior Justice: A Look Back At Gorsuch’s 1st Year Neil Gorsuch Celebrates First Full Year As Supreme Court Justice How Gorsuch’s First Year Compares
(DBN)

Public Defenders Stage Walkouts to Protest ICE Courthouse Arrests
(DBN)

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Wall Street:

U.S. stocks poised to retreat as White House and geopolitical tensions simmer
(DBN)

European stocks slip as Syria anxiety ‘takes center stage’
(DBN)

Dow rallies 400 points as China’s Xi alleviates trade war fears US stocks higher at close of trade
(DBN)

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Layoffs:

Theranos has laid off most of its remaining staff
(DBN)

Devon Energy plans to lay off 9 percent of staff to boost returns
(DBN)

Toys R Us distribution center to shed 180 workers
(DBN)

Devon to lay off 300 employees
(DBN)

Yonkers Public Schools: 211 layoffs
(DBN)

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Coal:

Westmoreland Coal Says It Could Declare Bankruptcy
(DBN)

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Sports:

Green Bay Packers, others seek bankruptcy for West Palm firm that collected race fees
(DBN)

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Economy:

Global Debt at Record Level
(DBN)

Inflation could show more sizzle than expected
(DBN)

Small Business Optimism Index decreased in March, "Difficulty of finding qualified workers" is Top Problem
(DBN)

Potential Trade War Could Outweigh Fed. Tax Law Benefits It looks like China just blinked in its trade battle with Trump Trump helping out American farmers could plunge the whole world into a trade war The market could be getting Xi's speech wrong, it doesn't mean there won't be a trade war China's Strengths in a Trade Spat Are Also Its Weaknesses Global trading system is at risk of being ‘torn apart,’ warns IMF’s Lagarde Tariffs Are a Bad Way to Deal With China's Trade Practices China pledges to allow more foreign investment in financial sector by year-end US Automakers Already Winning in China Top 20 US Made Cars Exported to China How American Cars Are Really Sold in China
(DBN)

Kudlow Laughs in the Face of Financial Doom
(DBN)

GOP Senator moves to close cheap shipping loophole that helps Chinese businesses on Amazon
(DBN)

How Debt Could Blow Up the Trump Economy
(DBN)

Don't Believe These 5 Myths About the Gender Pay Gap 6 charts show how much more men make than women Reminder: Today isn't Equal Pay Day for black, Latina or Native American women The gender pay gap isn't just about what you make. It's about what you do Here’s how much you’d have if you’d invested the money you lost to the pay gap
(DBN)

CBO Report: You're Underestimating Deficits
(DBN)

$1 Trillion Deficits For Years: Westpac explains why the US budget outlook is troubling
(DBN)

National Debt Set To Roughly Equal The Gross Domestic Product By 2028
(DBN)

Bigger Deficits Don't Always Mean Disaster
(DBN)

Port of Long Beach: Record Port Traffic in Q1 2018
(DBN)

US Debt Clock
(DBN)

World Debt Clock
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How People Really Live
(DBN)

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Real Estate:

Rising Home Prices Push Borrowers Deeper Into Debt
(DBN)

Mortgage Applications Decrease in Latest Weekly Survey, Purchase Index Down YoY
(DBN)

A House You Can Buy, But Never Own
(DBN)

Hovnanian's Weird CDS Trade Gets Weirder
(DBN)

Woodbridge gives OK to unsecured creditors to go after affiliates
(DBN)

Disgraced former Stamford developer receives prison sentence
(DBN)

Homeowners’ estimates move closer to appraised home values in March
(DBN)

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Municipalities:

Puerto Rico Bondholders Make Final Court Pitches in Key Dispute
(DBN)

Puerto Rico bond investors argue over first dibs on a key source of cash
(DBN)

Puerto Rico's warring creditors duel over sales tax revenue
(DBN)

Time to let Puerto Rico stand on its own two feet
(DBN)

Puerto Rico to get $18.5 bln to rebuild shattered housing market
(DBN)

Losing Power: How Austerity Kept the Lights Off in Puerto Rico
(DBN)

Austin: AISD board debates how to prevent a financially insolvent school district
(DBN)

Easing the Hartford bailout tension
(DBN)

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Oil/Gas:

U.S. Oil Debt Eases, Meaning Drillers Target Next Shale Play
(DBN)

Total Buys Several Gulf Of Mexico Assets From Cobalt's Bankruptcy
(DBN)

Saudis pushing OPEC for $80 a barrel oil
(DBN)

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Candy:

There’s no better way to increase demand than threatening to cut off supply.
(DBN)

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Tech:

Mark Zuckerberg says Facebook didn't notify FTC of leak: 'We considered it a closed case' Mark Zuckerberg's testimony to Congress: Here are the key points you need to know Zuckerberg: There's been no dramatic drop-off in users despite 'Delete Facebook' memes Facebook shares have best day in 2 years Facebook CEO: We're Open to Regulation Zuckerberg Fends off Regulation Suggestion Sens. Back Privacy Legislation The Senate Tries to Figure Out Facebook Senator to Zuckerberg: 'Your user agreement sucks' Mark Zuckerberg Is Halfway to Scot-Free Mark Zuckerberg gave his grueling, 5-hour testimony to Congress from a 4-inch booster seat The 13 Strangest Moments From the Zuckerberg Hearing Zuckerberg deflects senators’ Facebook questions, and gets $3 billion for the effort What Mark Zuckerberg didn't say Facebook Hearing Was an Utter Sham Mark Zuckerberg outwits Congress
(DBN)

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Retailing:

Investor group seeks to head off Bon-Ton Stores liquidation
(DBN)

Boise Gun Company closes doors, files for bankruptcy protection
(DBN)

How companies like Toys R Us get approval to pay executive bonuses during bankruptcy
(DBN)

Retail ‘hasn’t looked this good in years’ and it could head even higher, says technician
(DBN)

Retail defaults soar to record high in 2018
(DBN)

Mall owners to the rescue?
(DBN)

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Travel:

It Ain’t Random If It Happens 50 Percent Of The Time, TSA
(DBN)

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Healthcare:

New York oncology practice files for bankruptcy following FBI raid
(DBN)

Controversial trauma center declares bankruptcy after costing taxpayers
(DBN)

Fifth Circuit Provides Relief for Providers Facing Medicare Appeal Backlogs
(DBN)

New Rule Further Waters Down Obamacare
(DBN)

The States Where People Die Young Life expectancy varies greatly among states
(DBN)

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Biofuels:

Trump Ethanol Moves May Be Worse for Farmers Than Soy Tariff
(DBN)

Trump Puts Biofuel Reform on Ice
(DBN)

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Hotels:

Gary Matthews may testify in Pere Marquette bankruptcy hearing
(DBN)

Judge authorizes sale of Country Inn & Suites
(DBN)

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Electricity:

FirstEnergy Unit's Collapse Casts Pall Over Nuveen Muni Holdings
(DBN)

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Banking:

Beach Community Bank to be sold after bankruptcy
(DBN)

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Gambling:

Caesars Awards CEO $29 Million After Emerging From Bankruptcy
(DBN)

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Maritime:

Creditors Cancel Plan to Put STX under Court Receivership
(DBN)

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New Bankruptcy Opinions
(6 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 (55 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:

Chapter 11 bankruptcies are up 63% from a year ago
(DBN)

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Prepacks:

Pre-packing European debt in American courts: the Roust Corporation restructuring
(DBN)

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SCOTUS:

Court to decide whether Bankruptcy Code protects dishonest debtors
(DBN)

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Mediation:

Mediation Privilege in Full Bloom Under State Law
(DBN)

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TBTF:

Fed Floats First Major Big-Bank Rule Change of Trump Era
(DBN)

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Subordination:

Mandatory Subordination of Affiliate Securities Claims
(DBN)

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Politics:

John Bolton pushes out Tom Bossert as homeland security adviser Latest sign Trump's White House is emptying
(DBN)

EPA Files Undercut Scott Pruitt Claims Trump FactCheck: EPA administrator Scott Pruitt's short-term rental "was about market rate" Scott Pruitt’s security spending was "somewhat more" than his predecessor A Condo Deal Like Pruitt’s Would Get Other EPA Staff in Trouble
(DBN)

Trump is weighing a massive strike on Syria — and it could bring all-out war with Russia Airlines warned of possible airstrikes in Syria over next 72 hours Donald Trump threatens Russia: 'Get ready the missiles are coming' Russia will shoot down US missiles fired at Syria and target launch sites, warns ambassador The Downsides of Bombing Syria
(DBN)

Kim Jong Un may not have an airplane capable of taking him to meet Trump — and it could get 'embarrassing'
(DBN)

Why the GOP Is Making the Midterm Elections All About Impeachment
(DBN)

Mitch McConnell to worried GOP senators: “Call Trump”
(DBN)

Inside the White House, Trump is stuck in transition
(DBN)

Millennial poll: Historic youth wave coming in 2018, Dems outnumber GOP 2-1
(DBN)

Trump on Welfare: More Work Requirements Wisconsin Gov. Signs Limits to Welfare
(DBN)

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Corporate Reform:

Mulvaney Faces Elizabeth Warren Grilling Over New Tone at CFPB
(DBN)

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Autos:

Elon Musk calls out Goldman Sachs after negative report on Tesla: 'Place your bets' Goldman Cuts Tesla Target Price Musk Divorce Lawyer Top Counsel at Tesla as Legal Woes Mount
(DBN)

Creditor accuses Don Davis' bankrupt dealership of fraud
(DBN)

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Hedge Funds:

Did a hedge fund ' bankrupt ' a Wisconsin town?
(DBN)

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Radio:

Cumulus Could be Out of Bankruptcy in Early May
(DBN)

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Debt Collection:

Mass. SJC Holds Passive Debt Buyers Are Not ‘Debt Collectors’ Under State Law
(DBN)

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UK:

Pinsent Masons bolsters restructuring practice
(DBN)

Ex-Premiere League star Titus Bramble 'three weeks from bankruptcy '
(DBN)

Michel Barnier says Britain must stay permanently bound to EU regulations after Brexit if it wants a trade deal
(DBN)

U.K. factory output falls for 1st time in months
(DBN)

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PIIGS:

Portugal is set to break away from a 25-year long budget deficit
(DBN)

EasyJet Is Said to Approach Alitalia With Air France, Cerberus Cerberus Alitalia carve-up would not fly with Rome
(DBN)

Leaked ruling on pension law could harm fund
(DBN)

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Canada:

Biennale de Montréal Files for Bankruptcy
(DBN)

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Germany:

Dentons expands Restructuring, Insolvency and Bankruptcy practice with two additions in Germany
(DBN)

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Australia:

Blue Sky denies insolvency rumors as McGrath Nicol begins work on Wild Breads
(DBN)

Shephard Dunphy join BDO fold, adding Wellington insolvency team to accounting firm
(DBN)

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MENA:

Bahrain MPs call on government to withdraw bankruptcy bill
(DBN)

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China:

China's factory and consumer inflation in March slows in a sign of ebbing economic growth
(DBN)

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Croatia:

Agrokor agrees draft settlement terms with creditors to avoid bankruptcy
(DBN)

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India:

India joins bankruptcy proceedings of Nirav Modi firms in US
(DBN)

Tata Group not likely to bid for debt-laden Air India: Report
(DBN)

Debt-Ridden Farmer Consumes Poison
(DBN)

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Kenya:

Uchumi Seeks Private Equity Rescue in Fight for Survival
(DBN)

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