April 26, 2018

The Daily Bankruptcy News

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Law:

The Ranks Of Biglaw Partnership Are Shrinking
(DBN)

Many Professionals Have It Way Worse Than Lawyers When It Comes To Student Loans
(DBN)

Eight Lessons for Your Practice from the Law of Canine Replevin (#5 Will Amaze You)
(DBN)

Success in the Am Law 100 Is Being Driven by Management
(DBN)

Law Grads Hiring Report: Job Stats for the Class of 2017
(DBN)

For Better Outside Counsel Relationships, Tell Firms How They're Being Measured
(DBN)

Billion Dollar Firms Highlight DC’s Am Law 100 Presence
(DBN)

3 Ways To Make Yourself An Attractive Lateral Candidate
(DBN)

District Court Rules Proskauer Must Face Trial And Benchslaps The Firm In The Process
(DBN)

Why Some Lawyers Need To Admit They’re Incompetent
(DBN)

Ian Samuel is Shaming Big Law - And It's Working
(DBN)

We read all 67 pages of Mueller's latest court filings on Paul Manafort — here are the main takeaways A Trump-Mueller interview may be back on the table
(DBN)

Michael Cohen says he'll plead the Fifth Amendment in Stormy Daniels case Jeff Sessions Deflects Questions About Role in Michael Cohen Investigation The next episode in the Michael Cohen saga is about to play out in federal court — and the judge could decide on the biggest issue in the case Judge orders hearing in Michael Cohen case as she mulls appointing watchdog for Trump files
(DBN)

Marc Kasowitz Might Be Responsible For Trump’s First Diplomatic Blunder
(DBN)

The Supreme Court finally heard arguments on the travel ban — and Trump looks likely to win 8 Questions From the Justices That Put Trump's Travel Ban to Test Trump's campaign statements about Muslims came under fire during the Supreme Court's travel ban arguments The Supreme Court broke 2 of its strictest rules for the travel ban arguments — and it shows how seriously they're taking the case People are blasting Trump's lawyer for calling Islam ‘one of great countries of the world’ while defending the so-called Muslim travel ban Argument analysis: Travel ban seems likely to survive Supreme Court’s review Justice Kagan Has a Plan to End Trump’s Travel Ban
(DBN)

Courts Give Trump a Path on Immigration
(DBN)

A third federal judge rules against DACA phaseout, but goes further than two previous judges
(DBN)

Skadden's Pat Fitzgerald Representing 'Best Friend' Jim Comey Skadden Is Representing James Comey. Umm… Did They Do A Conflicts Check?
(DBN)

The Mueller Risk Index: Wall Street's newest tool to navigate how much to freak out about the Russia probe What’s Robert Mueller’s next big move? Here are 9 possibilities.
(DBN)

What Is an Incel? A Term Used by the Toronto Van Attack Suspect, Explained Inside the terrifying, twisted online world of incels Incel: Ideology Behind Toronto Van Attack Spreading terror: How the Toronto attack echoes recent trends in extremist violence
(DBN)

Lawyer for 2 ex-NFL cheerleaders offers to settle bias claims for $1 each and ‘good faith’ meeting NFL Cheerleader Wants $1, Meeting With Goodell to Settle Claims
(DBN)

Kris Kobach Self Owns In Court Filing
(DBN)

Police finally have arrested a suspect in the 'Golden State Killer' case that's been cold for 42 years — and he's a former cop Alleged Golden State Killer Busted by DNA. But Are Tests '100%' Accurate?
(DBN)

FactCheck: "Black and Latino people in NYC are arrested at TEN times the rate of white people for virtually the same rate of marijuana usage."
(DBN)

Former New York prosecutor is convicted of bribing ex-cop over gun-license issues
(DBN)

Congress doesn’t want you to eat your dog or cat
(DBN)

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Judges:

Judge who proclaimed he ran ‘a redneck court’ receives public warning
(DBN)

Judges’ expertise may correlate with more gender bias in some cases, study says
(DBN)

Confidentiality, Integrity, or Availability: The Cyber Threats to Our Judicial System
(DBN)

Calif. Rule Would Shine Light on Judges’ Harassment Settlements
(DBN)

BK SD FL: New Transcript Rates
(DBN)

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Wall Street:

US stocks set to for a slightly positive open as GM, Amazon, UPS earnings take the limelight
(DBN)

Dow halts 5-session skid as Boeing's stock propels blue chips to modest gain
(DBN)

Death of the earnings beat: Investors don't care that companies are blowing away Wall Street's estimates
(DBN)

The midterm elections could send the Dow down another 16% this year, history shows
(DBN)

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Layoffs:

A study finds nearly half of jobs are vulnerable to automation
(DBN)

UPS is offering voluntary retirement incentive to U.S. management employees
(DBN)

'There is no time to lose:' Deutsche Bank is embarking on a major overhaul — and it will lead to big job losses Deutsche Bank plans 'significant' job cuts after sharp drop in profits
(DBN)

Ford Plans $11.5 Billion in Extra Cuts
(DBN)

200 Sikorsky/Lockheed Martin layoffs in Jupiter
(DBN)

Siemens laying off 125
(DBN)

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Tech:

Apple investors should be on edge as more chip firms warn about weak smartphone sales Another major Apple supplier just delivered potential bad news for the iPhone X
(DBN)

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Student Debt:

CEO of student loan marketplace LendEDU admits the name of the founder of a partner site is fake
(DBN)

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Healthcare:

HCR ManorCare, about to be sold to Quality Care Properties, could be folded into second deal with ProMedica, Welltower
(DBN)

The True Cost of Cheap Health Insurance
(DBN)

Hearing set for Palm Drive Health Care District 2014 bankruptcy case
(DBN)

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Entertainment:

Meryl Streep and Jennifer Lawrence owed more than $100,000 by The Weinstein Company
(DBN)

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Banking:

Deutsche Bank to scale back investment bank as profits drop
(DBN)

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Retailing:

Charming Charlie exits bankruptcy with 100 fewer stores
(DBN)

12 retailers at risk of bankruptcy in 2018
(DBN)

Despite Suitors, Toys 'R' Us Chain Unlikely To Continue In The U.S.
(DBN)

The Most Expensive Takeover in Retail Is Drowning in Debt
(DBN)

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Food/Beverage:

Subway Closing 500 More US Restaurants
(DBN)

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Economy:

Everyone's watching the 10-year yield, but this is the real rate that matters
(DBN)

Tim Cook is trying to get Trump to back off his trade battle with China US pecan growers are using the potential trade war to sell more nuts Trump to send Mnuchin, Lighthizer to China in bid to ease trade tensions Trump won’t stop talking about trade deficits. Don’t rule out a trade war until he does
(DBN)

This is how desperate Americans are for a raise
(DBN)

The Next 9 Days Will Teach Us a Lot About the American Economy
(DBN)

7 demographic trends shaping the U.S. and the world in 2018
(DBN)

The economies of the 40 biggest US cities, ranked from worst to best
(DBN)

Companies blame Amazon for the crippling truck driver shortage
(DBN)

Republicans' biggest argument to sell Americans on their new tax law isn't working Poll: Where's My Tax Cut Money?
(DBN)

A new report highlights the growing trend of cohabiting with children The Changing Profile of Unmarried Parents
(DBN)

We’re hoarding money in our checking accounts and that could be a big problem
(DBN)

‘Black Swan’ author claims he’s never borrowed money in his entire life
(DBN)

‘Grotesque’ Leverage and Rising Rates Are Already Causing Damage, Says SocGen
(DBN)

Chemical Activity Barometer "Eases" in April
(DBN)

How artificial intelligence is transforming the world
(DBN)

Animation: Global Population by Region From 1950 to 2100
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

High Flying Home Prices Get Another Jolt
(DBN)

HUD Secretary Ben Carson to propose tripling rent for some low-income Americans receiving federal housing subsidies
(DBN)

The hourly wage needed to rent a two-bedroom home in every state
(DBN)

Bankruptcy judge sides with former Prince Charles developer over Williams
(DBN)

NMHC: Apartment Market Tightness Index remained negative for Tenth Consecutive Quarter
(DBN)

Stocks Still Trail Real Estate as Preferred Investment
(DBN)

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Municipalities:

Puerto Rico's governor courts new investors to rebuild the power grid despite defaulting on past promises
(DBN)

Shattered Futures: Puerto Rico in the Wake of Disaster
(DBN)

San Juan mayor warns of the ‘disaster economics’ devastating Puerto Rico
(DBN)

Detroit set to emerge from state oversight Monday
(DBN)

Reading moves closer to end of Act 47
(DBN)

Moody's: Hartford Must Raise New Revenue To Support Turnaround
(DBN)

Toys R Us bankruptcy may impact Wayne's credit rating, according to Moody's
(DBN)

The Most Inclusive U.S. Cities, Mapped
(DBN)

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Oil/Gas:

'Up to 350,000 barrels of Iranian crude a day could be at risk' if nuclear deal is scrapped
(DBN)

Shell earnings surge as oil prices rebound
(DBN)

Oil Majors Are Abandoning Venezuela
(DBN)

U.S. May Become World’s Top Oil Exporter Next Year, Says Citi
(DBN)

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Religion:

Key findings about Americans’ belief in God
(DBN)

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Climate:

Florida and Texas are expected to take the biggest economic hit from climate change
(DBN)

The military paid for a study on sea level rise. The results were scary
(DBN)

Climate Change Not a Key Cause of Human Conflict
(DBN)

The Fighting Has Begun Over Who Owns Land Drowned by Climate Change
(DBN)

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Corporate Reform:

The Plan to Deregulate America
(DBN)

Senator warns bankers that Dodd-Frank relief could stall
(DBN)

Mulvaney, Watchdog Bureau’s Leader, Advises Bankers on Ways to Curtail Agency
(DBN)

Fed advances plan to weaken post-financial-crisis rule for biggest banks
(DBN)

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Politics:

Trump's budget chief made a stunning comment that confirmed everyone's worst perceptions of lobbying's influence in Washington Mick Mulvaney Says the Quiet Part Out Loud 'This puts a target on his back': Ethics experts say the FBI should investigate Trump's budget director for pay for play Mick Mulvaney To Banking Industry: I Don’t Dance Now, I Make Money Moves
(DBN)

Trump Serious About His Face Being Added to Mount Rushmore
(DBN)

French President Emmanuel Macron gives big speech to Congress filled with subtle shots at Trump after days of flaunting their 'bromance' When French President Emmanuel Macron mentioned climate science, Republicans grumbled while Democrats cheered Macron goes against Trump on Paris climate deal and Iran nuclear accord Without mentioning his buddy Trump by name, France's Macron just tore into the US president's policies Macron in Congress: US Policy U-Turns are Insane Macron's blunt postgame
(DBN)

Democrats get some good news even as they are projected to lose in a heavily Republican House district in Arizona
(DBN)

The GOP frontrunner in the race for Paul Ryan's House seat just raised a ton of cash in his first week on the trail
(DBN)

Trump's bank watchdog bought financial stocks up until taking office
(DBN)

Trump's Veterans Affairs nominee is hanging by a thread in the Senate Devastating new report alleges Trump's VA nominee drunkenly 'wrecked' a government vehicle Ronny Jackson looks ready to withdraw
(DBN)

Kim Kardashian made Kanye West walk back his support for Trump Kanye West says he loves Trump because they're both 'dragon energy' — here's what that means
(DBN)

TX Gov Asks Resigning Congressman to Pay for Special Election
(DBN)

Pruitt: Why Use Science at the EPA?
(DBN)

My $200,000 Debt Should Not Disqualify Me For Governor of Georgia
(DBN)

Everybody Likes Nikki Haley
(DBN)

Why Trump Gets Away with Lying
(DBN)

'I'm ashamed of Republicans': James Comey goes in on the GOP during CNN town hall
(DBN)

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New Bankruptcy Opinions
(4 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 (1 new filing 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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Plan Confirmation:

Ninth Circuit Rules That a Joint Plan for Multiple Debtors Can Be Confirmed Over the Objection of All Creditors of Some (But Not All) Debtors
(DBN)

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Safe Harbors:

The Supreme Court Clarifies the Scope of Section 546(e)’s Safe Harbor for Securities Related Transactions in Merit Management Group, LP v. FTI Consulting, Inc.
(DBN)

Supreme Court Displays More Pragmatic Approach to the Bankruptcy Code in Merit Management v. FTI Consulting
(DBN)

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Bankruptcy Fees:

Amended US Trustee Quarterly Fee Schedule In Effect
(DBN)

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Bankruptcy Rules:

Invitation for Comment to Restyle the Federal Rules of Bankruptcy Procedure
(DBN)

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Trustees:

BK ED VA Seeks Ch. 7 Panel Trustee
(DBN)

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Insurance:

Plaintiffs Can Keep Their D&O Claims But They Cannot Touch The Insurance Proceeds
(DBN)

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Bankruptcy Remoteness:

Bankruptcy Remoteness Going to a Court of Appeals (Progress Report No. 3)
(DBN)

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UST:

Curbing the Exploitation of Passive Creditors in Chapter 11 Reorganization by Leveraging the Oversight Role of the United States Trustee
(DBN)

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Bankruptcy Crimes:

Business Owner Who Lied in Bankruptcy Proceedings Pleads Guilty to Perjury
(DBN)

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Media:

Peter Thiel Agrees Not to Buy Gawker Peter Thiel Settles With Ghost Of Gawker Media Peter Thiel Settles With Ghost Of Gawker Media
(DBN)

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Autos:

The Future For Tesla Doesn't Look Bright Tesla Model 3 teardown reveals impressive batteries and electronics — and serious design flaws Tesla's Simultaneous Brilliance And Incompetence Revealed In Teardown Of Model 3
(DBN)

Sen. Klobuchar presses Honda on efforts to track down deadly Takata air bags
(DBN)

Ford's Audacious Plan to Save $25 Billion: Cut Every Car Except These Two Models
(DBN)

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Education:

For employees, students to get paid, McNally Smith college building must sell before 2019 Deal may be near to guide McNally Smith bankruptcy
(DBN)

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Student Debt:

College grads face next hurdle: Paying back student loans
(DBN)

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Amusement Parks:

Provo water park owner files for bankruptcy Seven Peaks Provo future remains uncertain as owners file for bankruptcy
(DBN)

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Radio:

iHeart Bankruptcy Filing Brings Questions
(DBN)

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Solar:

Schletter Inc. files for Chapter 11 bankruptcy
(DBN)

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UK:

Scottish Insolvency Statistics: January to March 2018 Bankruptcy numbers level off in Scotland Austerity blamed for rise in Scots facing serious financial troubles
(DBN)

The EU is 'deeply concerned' about Liam Fox's 'incompetent' handling of Brexit
(DBN)

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PIIGS:

ie: Dunne 'misled' bankruptcy official over €58m mansion for his wife, court hears
(DBN)

Relief for Greece? The debt dilemma facing creditors
(DBN)

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Venezuela:

ConocoPhillips Wins $2B In Claim Against Venezuela Oil Co.
(DBN)

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Russia:

3 Weeks of Sanctions Have Cost This Man $3.8 Billion
(DBN)

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China:

Trade war with US could be the tipping point for China’s $14 trillion debt-ridden economy
(DBN)

China Opening Up Its Car Market
(DBN)

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Australia:

Money woes for dairy farmers continues
(DBN)

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Ukraine:

Ukraine Should Review Approach To Bankruptcy Legislation
(DBN)

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Croatia:

Creditors Accuse Other Stakeholders of Trying to Undermine Agrokor
(DBN)

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South Korea:

GM president says near resolution for S.Korea unit, union accepts wage deal
(DBN)

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