April 2, 2018

The Daily Bankruptcy News

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Law:

Proskauer Still Faces $50M Gender Bias Suit, but Sees 'Roadmap' to Escape
(DBN)

Foley & Lardner to Merge With Dallas-Based Gardere One of Texas' oldest law firms merging into multi-state powerhouse
(DBN)

Former Skadden Associate Who Pleaded Guilty In Mueller Probe Begs For No Jail Time
(DBN)

More Biglaw Firms Reveal Their Own Gender Pay Gap
(DBN)

Amid Gender Pay Gap Disclosures, Law Firms Keep US Data Under Wraps
(DBN)

UnitedLex-GE Deal: Barbarians at Big Law's Gate (or ... Meh)?
(DBN)

Mintz Levin Sees Another Record Year in Revenue, Profits
(DBN)

ALSPs Coming-of-Age Is Putting In-House Counsel in the Driver Seat of Industry Restructuring
(DBN)

Email Sign-Offs Employers Will Fire You For, Especially If You Happen to Be a Woman
(DBN)

Lawyer Team Removed for ‘Troubling’ Lack of Loyalty, Judge Says
(DBN)

Kirkland and Latham: Two Different Paths to Success
(DBN)

How To Become Beloved By GCs
(DBN)

5 Tips To Help Ensure Clients Refer Or Return
(DBN)

John Marshall Law Prof: We Are Not The 'Ugly Stepsister' to Savannah's 'Cinderella' Faculty
(DBN)w

ABA’s Lawyer Advertising Rule Revamp Aims for ‘Right Mix’
(DBN)

McDermott Touts $100M Haul as Raid on DLA Piper Grows
(DBN)

Ex-Honigman Partner's Baseball Card Collection Finds Art Museum Home
(DBN)

Snapshot: Market Entries - An analysis of geographic expansion and market entries by large and mid-sized law firms
(DBN)

Beyond the Am Law Lists: Clifford Chance's Americas Practice
(DBN)

Ogletree Keeps Up Momentum With Revenue, Profit Gains
(DBN)

The Billable Hour: Can Lawyers Learn from Consultants?
(DBN)

How a country lawyer pulled off biggest Social Security fraud ever, and why it could happen again
(DBN)

Is the Cloud the Solution to True Work-Life Balance for Lawyers?
(DBN)

Gun Friendly Vermont Passes Firearms Control America's Made Up Culture of Guns Students at Florida high school stage walkout in support of Second Amendment 11 Advertisers Have Bailed on Ingraham Laura Ingraham is taking a 'preplanned vacation' as advertisers flee her show Russian bots are rallying behind embattled Fox News host Laura Ingraham as advertisers dump her show Park. Student calls for Boycott of MSNBC Advertisers Ted Nugent Slams Parkland Teen Survivors Where Do All The Assault Rifles Come From? Here are the laws that student gun-control activists from Parkland actually want to pass New York Law Mandates Domestic Abusers Turn Over Guns
(DBN)

US Civil Disobedience in Pictures
(DBN)

Congressman’s Office Gets High School Student Suspended For Expressing His Displeasure With Congress
(DBN)

Trump Accuser Splits with Gloria Allred
(DBN)

Trump Ally Detained, Served Subpoena FBI questions Ted Malloch, Trump campaign figure and Farage ally Defenseless Trump Can Get Charged for Pardoning Flynn and Manafort, Says Obama White House Counsel It Sure Looks Like Things are About to Go Down Between McCabe and Comey Sessions Moves To End The Spin Cycle: The Independent Investigation of FBI Allegations Is Long Overdue Republican strategist’s warning about Trump probe: ‘The storm is coming’ Christie: If Trump uses ‘hyperbolic’ style with Mueller it could send him to jail
(DBN)

Five Years for Not Knowing She Can't Vote
(DBN)

Autopsy Disputes Police Account of Killing
(DBN)

LA: Cop Who Killed Alton Sterling Fired
(DBN)

Police Shot Clark Six Times in the Back Sheriff's SUV hits protester at Sacramento rally for Stephon Clark Nurse Fired After Saying Stephon Clark 'Deserved' to be Killed by Police
(DBN)

Why the Next Person Hit by a Driverless Car Might Not Be Able to Sue
(DBN)

Time’s Up For Using Arbitration To Squash Harassment Claims
(DBN)

Lobster Thief Can Pursue On-The-Lam Appeal
(DBN)

The Myth of the Criminal Immigrant
(DBN)

Juror faints after watching graphic video of lawyer accused of trading sex for legal services
(DBN)

Two Kids Try To Steal Pizza Delivery Car But Fail Because They Couldn't Drive Stick Shift
(DBN)

‘Serial’ subject should get new murder trial because of ineffective assistance, appeals court says
(DBN)

Applying Lessons From ‘The Goal’ To Law Firm Life
(DBN)

Personal Injury Attorney Arrested For Allegedly Killing Pedestrian In Drunken Hit & Run Accident
(DBN)

Nearly 2,000 people were stopped in 9 days under Trump's travel ban — and almost all of them were legal US residents
(DBN)

Lawyer Disbarred After Ex-Con He Made CFO Stole $5M
(DBN)

When Bail Feels Less Like Freedom, More Like Extortion
(DBN)

Lawyer Dispute Escalates From Picture of Cat Playing Violin to Gunfire
(DBN)

Cosby's Second Trial Will be Different
(DBN)

Jurors acquit widow of Pulse Nightclub gunman Pulse families' lawsuit against Twitter, Facebook and Google dismissed
(DBN)

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Judges:

L.I. judge accused of pilfering panties from ex-intern had pockets full of others' undies when busted: prosecutors Judge raided before: prosecutors
(DBN)

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Wall Street:

Stocks set for a weak open as China slaps new tariffs on US goods
(DBN)

Women Win Partial Cert. In Goldman Bias Suit
(DBN)

The market is ‘right in the eye of the storm,’ and charts show dark clouds ahead: Bank of America
(DBN)

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Layoffs:

Retailers Race Against Amazon to Automate Stores
(DBN)

EV Revolution Could Cost Thousands Of Jobs
(DBN)

American workers are already lonely. Here come the robots.
(DBN)

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Compliance:

Is Avoiding Bankruptcy Enough of a Compliance ROI for You?
(DBN)

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Currency:

College student cryptominers are finding it harder to turn a profit as costs rise, bitcoin falls
(DBN)

Taxes are tricky for cryptocurrency investors
(DBN)

______________

Healthcare:

Hospitals Fear Competitive Threat From Potential Walmart-Humana Deal
(DBN)

Community Health Deep Dive
(DBN)

Kansas Moving To Shift Financially Troubled Nursing Homes To New Management
(DBN)

The drug pricing contract Express Scripts doesn't want you to see The drug rebate curtain The pharmacy squeeze The algorithm black box
(DBN)

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Auto Racing:

Trustee appointed in NASCAR team BK Racing's bankruptcy case Where BK Racing stands with trustee now in control
(DBN)

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Bankruptcy Crimes:

Neurosurgeon to admit charge in bankruptcy fraud case
(DBN)

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Debt Collection:

House Bill Could Exclude Attorneys from FDCPA
(DBN)

How Maine is looking to protect consumers from debt collectors
(DBN)

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Banking:

March 2018: Unofficial Problem Bank list declines to 98 Institutions, Q1 2018 Transition Matrix
(DBN)

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Musical Instruments:

Is guitar company Gibson headed for Chapter 11?
(DBN)

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Fraud:

March 2018 Ponzi Scheme Roundup
(DBN)

Inside This Ex-Texas Congressman’s Absolutely Bonkers Federal Fraud Trial
(DBN)

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Corporate Reform:

Why consumer protection regulation is necessary — but often useless
(DBN)

______________

Taxis:

New York Taxi Drivers See State Fee as Blow to Battered Industry
(DBN)

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Electricity:

FirstEnergy Solutions filed for bankruptcy late Saturday FirstEnergy generation units file for bankruptcy after seeking federal bailout FirstEnergy competitive subsidiary files for bankruptcy Some of FirstEnergy’s power-generating affiliates file for chapter 11 bankruptcy Coal Generator That Trump Tried to Save Files for Bankruptcy FirstEnergy Solutions and FirstEnergy Nuclear Operating Company File Voluntary Petitions for Chapter 11 Restructuring
(DBN

FirstEnergy Asks For Government Bailout Three struggling nuclear plants need 'emergency' rescue, FirstEnergy pleads
(DBN)

Trump Faces Test on Coal With FirstEnergy Appeal
(DBN)

ELPC Statement on the FirstEnergy Solutions Bankruptcy
(DBN)

Akron-Based FirstEnergy Solutions' Bankruptcy Renews Pressure on Ohio Lawmakers
(DBN)

There’s electricity in the air! But it’s not for sale : The production of electricity is outpacing sales
(DBN)

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Economy:

Crazy-fast pace of new job creation can’t last, can it? Slower hiring likely in March
(DBN)

Merrill and Nomura Forecasts for March Employment Report
(DBN)

Rising Rates Sounding Alarm Bells for Debt-Laden US Consumers
(DBN)

Americans Are Reining In Their Spending
(DBN)

Chicago PMI Declines in March
(DBN)

The US needs to relieve the constraints to faster noninflationary growth
(DBN)

This company in Indiana is already feeling the heat from Trump's new tariffs America’s trade strategy has many risks and few upsides China announces retaliatory tariffs on about 130 U.S. goods The Weapons of a Modern-Day Trade War Trade war escalates as China says it will impose tariffs on 128 U.S. exports, including pork and fruit U.S. May Propose Other Chinese Product Tariffs
(DBN)

By bulking up on debt, U.S. companies have added a new uncertainly into financial markets
(DBN)

How Trump got crushed on the budget The Truth About the Budget, From Gun Control to the Border Wall
(DBN)

Q1 GDP Forecasts
(DBN)

Fed Nowcast stands at 2.7% for 2018:Q1 and 2.9% for 2018:Q2 Fed GDPNow Latest forecast: 2.4 percent — March 29, 2018
(DBN)

The expected slump in first-quarter GDP doesn’t herald a recession
(DBN)

Enough already with GDP: Putting growth in its proper perspective
(DBN)

The unhappy states of America: Despite an improving economy, Americans are glum
(DBN)

Trump isn't as pro-business as he claims
(DBN)The trade crackdown Trump always promised

Key Recession Signal Flashing Red
(DBN)

The average American is much better off now than four decades ago
(DBN)

Why ‘The China Hustle’ is a finance documentary all U.S. investors need to see
(DBN)

Trump promised $1.5 trillion in infrastructure spending. He’s 1 percent of the way there.
(DBN)

It Is Expensive to Be Poor
(DBN)

The Rising Barriers to Global Dealmaking
(DBN)

Hotels: Occupancy Rate Up Year-over-Year
(DBN)

More retirees, fewer workers to support each one: Demographic tsunami menaces developing world
(DBN)

‘No more DACA deal,’ Trump says as he threatens to ‘stop’ NAFTA if Mexico doesn’t better secure border Trump renews threat to link NAFTA talks to border security, warns on deal for immigrant 'Dreamers' Mexican presidential front-runner hits back at Trump's NAFTA threat, blasts 'pinata' treatment Trump Suggests Any DACA Deal With Democrats Is Dead Trump on border control: "Our country is being stolen" Trump Warns He'll Dump NAFTA If Mexico Doesn't Stop Drug Flows
(DBN)

Trump’s latest trade target: Rwanda
(DBN)

The richest Americans get a $33,000 tax break under the GOP tax law. The poorest get $40.
(DBN)

ICE arrests farmworkers, sparking fears in the Central Valley over immigrants and the economy
(DBN)

Some Trump policies make life harder for the "highly-skilled foreigners" he wants Cities that Attract the Most H-1B Talent
(DBN)

Trump looks to America's past, not its future
(DBN)

Iowa's Employment Problem: Too Many Jobs, Not Enough People
(DBN)

Restaurant Performance Index Up 1%
(DBN)

Globalism: Mainstream to Favored Smear
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

Cash-out mortgage refis are back — will homes become ATMs again?
(DBN)

Fannie Mae: Mortgage Serious Delinquency rate decreased slightly in February
(DBN)

Reis: Office Vacancy Rate increased in Q1 to 16.5%
(DBN)

"Mortgage Rates Unchanged Despite Market Improvements"
(DBN)

Barclays Haggles MBS Fine Down To $2 Billion, Celebrates
(DBN)

Trump Voters Barred From Buying House in California
(DBN)

Retirees will face tough decisions with reverse mortgages
(DBN)

____________

Municipalities:

Time's Running Out For Many Frail, Older People In Puerto Rico
(DBN)

Puerto Rico governor to revise fiscal plan, but won't budge on austerity
(DBN)

Puerto Rico - The Singapore Of The Caribbean?
(DBN)

Kentucky's Teachers Go Out on Strike Teacher Unrest Keeps Spreading
(DBN)

The Real Cost of Luring Big Companies to Town
(DBN)

______________

Oil/Gas:

Banks: Oil prices expected to rise amid draining crude inventories
(DBN)

Poll: Public energy fears at two-decade low
(DBN)

Investors stunned over oil producer’s climate-change exemption
(DBN)

Ezra gets nod from US Bankruptcy Court for cross-border protocol on bankruptcy proceedings
(DBN)

______________

Coal:

Coal use will drastically decline in the next 30 years, the World Bank predicts
(DBN)

One Kentucky town has become an emblem of the war on coal, and Appalachia's decline
(DBN)

West Virginia governor's coal firm sued over $1M settlement
(DBN)

______________

Student Debt:

Massive debt. Damaged credit. Nothing to save. How student loans make home ownership a pipe dream
(DBN)

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Autos:

Elon Musk Sends April Fools' Tweets Joking of Tesla Bankruptcy Tesla’s ‘day of reckoning’ is near as its plunging stock increases financing risk Tesla's Tailspin a Familiar Detroit Story Tesla's Proving Their Haters Right Tesla Makes Last-Ditch Model 3 Deliveries as Pressures Mount What The Bond Market Is Telling Tesla Shareholders Tesla bankrupt? Elon Musk cracks jokes after worst month in 7 years
(DBN)

Uber Fatality: Legal Troubles Just Starting
(DBN)

Airbnb for cars is here. And the rental car giants are not happy.
(DBN)

Subprime New-Car Buyers Suddenly Go Missing From U.S. Showrooms
(DBN)

______________

Weather:

Brutal Choice in Houston: Sell Home at a Loss or Face New Floods
(DBN)

Greenland's Melt is Fastest in 400 Years
(DBN)

America's first climate change refugees are preparing to leave an island that will disappear under the sea in the next few years
(DBN)

Spring snow moving from Plains to Northeast -- with cold to follow
(DBN)

How Overbuilt Levees Along the Upper Mississippi River Push Floods Onto Others
(DBN)

______________

Personal Finance:

5 tactics to avoid haggling with car dealers
(DBN)

The average wedding cost in America is $33,391 — but here's where Americans spend way more than that
(DBN)

Are you paying for these things that other people get free?
(DBN)

Here's why letting your college grad move back home could be a bad idea
(DBN)

John Ninfo: Financial Literacy Month is a good time to review
(DBN)

Many Try Retirement but Can't Stand It
(DBN)

______________

Tech:

No one thinks this is 'the end of Facebook' ... yet investors sense blood in the water
(DBN)

______________

Amusement Parks:

Schlitterbahn co-owner plagued with financial, legal troubles before murder charge in boy’s death
(DBN)

______________

Guns:

Remington's Bankruptcy Stalls Ruling in Sandy Hook Families' Suit
(DBN)

Don’t let Remington fool you
(DBN)

______________

Resorts:

Idled South Carolina resort is out of bankruptcy, but not the woods
(DBN)

______________

Entertainment:

Weinstein Creditors Retain Law Firm That Recovered Millions For Survivors Of Clergy Sexual Abuse Weinstein Creditors Hire Firm That Represented Catholic Church Abuse Victims
(DBN)

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Mass Torts:

Limited Access to Exhibits Filed in Asbestos-Related Bankruptcy Cases was Proper
(DBN)

______________

Biofuels:

A refinery’s bankruptcy heats up a political battle over the market that props up ethanol demand
(DBN)

______________

Religion:

Lawyers hold key to resolving bankruptcy issue in clergy abuse case
(DBN)

______________

 


New Bankruptcy Opinions
(21 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (21 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (20 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)

______________

Finance:

District Court Upholds Damage Limitations for Lender’s Refusal to Fund: Lyondell Revisited
(DBN)

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Estoppel:

Second Circuit Clarifies Judicial Estoppel Position
(DBN)

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Jurisdiction:

When maritime and bankruptcy jurisdiction collide
(DBN)

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Corporate Governance:

Chancery Discusses Revlon in Context of Granting Option to Sell Company
(DBN)

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Retailing:

Bon-Ton says it's in talks with possible buyers Bon-Ton Stores says in active discussions with bidder
(DBN)

Defunct Plaza Pasadena Is Evidence That Amazon Isn't Killing Retail
(DBN)

Toys R Us exit opens new game
(DBN)

Target, Aldi, Big Lots eyeing Toys R Us real estate
(DBN)

Trump bashes Amazon 'scam,' claims post office loses 'billions' delivering packages for the internet retailer Trump tweets dial up attack on Amazon and the ‘lobbyist’ and ‘fake’ Washington Post The World's Richest Man Just Lost $10.7 Billion as Trump Tweets About Amazon If Trump Declares War On Amazon, Who Wins? Here’s Why Trump Went Postal on Amazon Trump’s misleading jab at Amazon on taxes, USPS, retail Trump’s misleading jab at Amazon on taxes, USPS, retail Trump Takes Aim at Amazon: Does It Really Matter? Trump Campaign Used Amazon to Buy Its Office Supplies And most of its orders qualified for free shipping Trump’s bundle of faulty claims about Amazon’s cost to taxpayers
(DBN)

Hackers Steal Credit Card Information for More Than 5 Million Saks Fifth Avenue, Lord & Taylor Shoppers
(DBN)

Toys R Us, Babies R Us Websites Shut Down Babies "R" Us Registry Is Closing -- How Do Members And Gift Givers Cope?
(DBN)

A grown up Toys R Us kid with a thing for Lego sets charged with multiple thefts
(DBN)

Reis: Mall Vacancy Rate increased slightly in Q1 2018 Mall Vacancy Rate Since 1980
(DBN)

Aeropostale Ch. 11 Plan, 3rd-Party Releases Approved
(DBN)

______________

Politics:

John Kelly's position in the White House looks weaker as Trump asserts himself and chaos reigns
(DBN)

WaPo: Trump running show without aides to reel him in
(DBN)

Trump's Easter Threats on Twitter
(DBN)

Trump Tells Advisors He Wants US Out of Syria
(DBN)

Trump Compared Korean DMZ with Mexico
(DBN)

Elizabeth Warren attacks Trump's Asia 'chaos' and ridicules 'happy-faced' views toward China Senator Warren, in Beijing, says US is waking up to Chinese abuses
(DBN)

Trump Didn't Drain the Swamp, He Filled It
(DBN)

Most Voters Think Trump Had Affair With Stormy Daniels; Supporters Still Back Him By a Roughly 5-to-1 margin
(DBN)

Fired Veterans Affairs Secretary speaks out, says he didn't resign after the White House insists he did
(DBN)

Why is Trump Turning Against Russia Now?
(DBN)

Jared Kushner's rise to the White House has apparently been terrible for his family's business
(DBN)

From Mueller to Stormy to ‘emoluments,’ Trump’s business is under siege
(DBN)

Jimmy Carter: I pray for Trump
(DBN)

First it was Confederate monuments. Now statues offensive to Native Americans are poised to topple across the U.S.
(DBN)

Caravan of Central Americans Headed to US
(DBN)

Federal workers spill on life in Trump’s Washington
(DBN)

What to know about the citizenship question the Census Bureau is planning to ask in 2020
(DBN)

Why do people belong to a party? Negative views of the opposing party are a major factor
(DBN)

Answers Wanted on Scott Pruitt & DC Condo White House frustrated with EPA's Pruitt The Most Blatantly Corrupt Official
(DBN)

Anthony Scaramucci says White House’s turnover rate is typical of a startup
(DBN)

The Richest Members Of Congress Built Wealth This Way
(DBN)

Did Sarah Huckabee-Sanders Just Violate the Hatch Act?
(DBN)

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Non-Profits:

Sweetser to buy financially troubled Getchell Agency for $2.7 million
(DBN)

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Travel:

Visualizing the Average Commute Time in U.S. States and Cities
(DBN)

Messy NY Commute as Snowfall May Be Most in April Since 2003
(DBN)

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UK:

US hedge fund rescue stops Avanti from crash landing
(DBN)

Regulatory noose tightens on directors behaving badly
(DBN)

Poll: Majority Regret Voting for Brexit
(DBN)

Many households at ‘risk of difficulty’ as levels of consumer credit continue to rise
(DBN)

Consumer confidence at highest in nearly a year
(DBN)

______________

EU:

The Most Stable Economies in Europe
(DBN)

______________

PIIGS:

Greece: Creditors block gov't plan to hike the supplementary property tax
(DBN)

Greek gov't tweaking growth plan amid EU worry over benefits
(DBN)

Debt relief deliberations a difficult puzzle
(DBN)

______________

Mexico:

Mexican Ambassador on Trump's First Year
(DBN)

Violence in Cancun, Playa del Carmen and Los Cabos threaten Mexico's tourism industry
(DBN)

What Might Happen to Mexico If NAFTA Gets Wiped Away
(DBN)

______________

India:

Debt-ridden farmer couple hangs self in Jangaon
(DBN)

Vedanta Wins Bid To Buy Insolvent Electrosteel Steels
(DBN)

Essar Steel bid: Resolution professional makes it tougher for the Ruias to make a comeback
(DBN)

Why Binani Cement deal is a test case for Insolvency and Bankruptcy Code
(DBN)

Struck by poverty, father tries to sell daughter to childless couple
(DBN)

Banks drive hard bargain for upfront cash in insolvency bids
(DBN)

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Venezuela:

Doctors in violent Venezuela work under threat of death if patients die
(DBN)

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South Korea:

Kumho Tire union agrees to accept overseas sale plan Has Kumho Tire fallen prey to swindlers? Kumho Tire to Sign MOU with Creditors on Self-rescue Plans
(DBN)

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China:

China March factory growth slowest in 5 months
(DBN)

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Germany:

Germany Struggles With an Unfamiliar Form of Anti-Semitism
(DBN)

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MENA:

Top Israeli Rabbi Believes Trump Will Build Third Temple in Jerusalem
(DBN)

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Australia:

Palmer refinery: 'use it or lose it'
(DBN)

Bell creditors in bid to avoid $1.8b court fight
(DBN)

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Ukraine:

"Shamanizing" of Ukraine's public debt
(DBN)

______________

Japan:

Trump’s World-Leader Buddy Is Starting to Regret It Japanese PM to meet with Trump ahead of North Korea summit
(DBN)

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