April 4, 2018

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Ex-Skadden Associate Gets 30-Day Jail Sentence for Lying to Mueller's Team Lawyer Alex van der Zwaan has been sentenced to one month in jail as part of the Russia probe First sentence handed down in Russia probe Former Skadden associate gets 30-day sentence for lying in Mueller’s probe Former Skadden Associate Is First To Be Sentenced In Mueller Probe
(DBN)

McKool Smith Adds Bankruptcy Litigator in Houston
(DBN)

Bryan Wick and Jason Rudd Co-Author Chapters in Prominent Bankruptcy Publications
(DBN)

Texas lawyer’s $100M suit says online critic’s Nazi label got him fired
(DBN)

DLA Piper disputes claims about lawyers exiting for McDermott
(DBN)

Biglaw Partner Learns The Hard Way: Don’t Talk Smack About Your Firm’s Clients
(DBN)

Lawyers rank highest on ‘loneliness scale,’ study finds New Survey Proves Lawyer Is The Loneliest Profession Of All
(DBN)

Things That Should Be Changed To Make The Bar Exam More Realistic
(DBN)

April Brings $115K Bonus Showers For Federal Clerks
(DBN)

Legacy BLP partners ditch lockstep for US-style partner pay as transatlantic merger goes live
(DBN)

What Mueller's Most Conspicuous Silence Suggests The charges each defendant in Mueller's probe is facing Mueller has broad authority to investigate Trump's former campaign boss The New Twist in the Manafort Case Trump is not considered a 'criminal target' in the Russia investigation, but remains a central focus for Mueller Report: Mueller investigating Trump for possible obstruction of justice Trump’s Best Buddy in Congress Wants Sessions to Fire Mueller
(DBN)

Stormy Daniels wants the US Treasury to turn over bank information related to the $130,000 Trump's lawyer paid her in 2016
(DBN)

Trump Says He Plans to Order Military to Guard Border Trump Not the First to Send Troops to Border Trump’s call to guard “our border with our military,” explained After days of raging against migrants, Trump says he's sending the military to guard the US-Mexico border Trump says border will be guarded by military until wall built Pentagon 'has no legal authority' to fund Trump's wall, senators tell Defense Secretary Mattis Third Mexican town welcomes migrant ‘caravan,’ 400 miles closer to US Trump lashed out at Mexico over a 'caravan' of migrants heading to the US — take a look at the people who got him riled up
(DBN)

Teen sings 'Cops' song after giving police chase through a golf course
(DBN)

Woman opens fire at YouTube headquarters, wounding 4 before taking her own life The woman who opened fire at YouTube's offices heavily criticized the video platform online YouTube shooting: Woman angry at ‘filtered’ videos identified as suspect Father of the suspected YouTube shooter reportedly told police his daughter was 'angry' with the company, warned that she might travel to its office Police reportedly found and questioned Nasim Aghdam on the morning of the YouTube shooting, then let her go A tragic day at YouTube: Photos show the chaotic scene as police responded to the shooting
(DBN)

Cop Brags About Beating Jaywalker
(DBN)

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Judges:

Notice of Vacancy - U.S. Bankruptcy Judge Eastern District of Michigan
(DBN)

Appointment of Hon. Judge Mildred Cabán, Chief Judge for the US Bankruptcy Court for the District of Puerto Rico
(DBN)

Federal judge blasts township court for jailing man who couldn’t pay littering fine
(DBN)

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Wall Street:

Dow futures dive more than 400 points as China plans tariffs on more than 100 US products Dow futures slide 400 pts after China reveals tariffs on U.S. goods Stock futures plunge, with the Dow heading for a 570 point drop, after China announces new tariffs Stocks are set to erase all of Tuesday's gains after China threatens the US with new tariffs
(DBN)

European stocks fall as China pulls out ‘big guns’
(DBN)

US stocks close higher as Tesla, Amazon bounce Stocks broadly rise in volatile session, energy leads day’s biggest gainers
(DBN)

J.P. Morgan Is Getting Sued Over the Suicide of a Star Broker Who Was Forced to Retire
(DBN)

Fed not focused on stock market volatility, Kashkari says
(DBN)

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Layoffs:

Self Driving Trucks Will Slam Truckers
(DBN)

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Awards:

Bankruptcy Law Firms Power Rankings Bankruptcy Financial Advisers Power Rankings Bankruptcy Restructuring Advisers Power Rankings Bankruptcy Claims Agents Power Rankings
(DBN)

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Politics:

Scott Pruitt Bypassed the White House to Give Big Raises to Favorite Aides
(DBN)

Democrats score victory in Wisconsin Supreme Court race Walker warns of Dem wave in Wisconsin after liberal wins state judicial race Expanding map creates tough choices for GOP
(DBN)

Trump's approval rating hits 50 percent in new poll; president responds
(DBN)

Palin Shocked Over Stockton's Basic Income Plan. Doesn't Know Alaska Does It Too
(DBN)

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Guns:

Remington wants to halt rifle settlement during bankruptcy case
(DBN)

A Small Town Feels The Impact Of Remington's Bankruptcy
(DBN)

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Education:

America’s college students are struggling to find food and housing The hidden crisis on college campuses: 36 percent of students don’t have enough to eat
(DBN)

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Trucking:

NYSE Moves to Delist Shares of Trucker Celadon
(DBN)

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Entertainment:

Harvey Weinstein Dumped by Crisis Reps Sitrick And Company
(DBN)

U.S. Trustee Objects to Weinstein Co. Sale Procedures
(DBN)

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Student Debt:

Is student loan debt the next financial crisis?
(DBN)

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Successor Liability:

New owner of newspaper was successor employer, must bargain with historical unit
(DBN)

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Coal:

Westmoreland Coal says eyeing financing options, including Chapter 11
(DBN)

Company with 3 Eastern Montana coal mines eyes bankruptcy
(DBN)

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Hedge Funds:

David Einhorn’s Greenlight Capital lost 13.6% in first quarter David Einhorn is sticking to his guns despite one of the worst quarters ever for his hedge fund
(DBN)

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Economy:

New York Fed picks John Williams as president How the New York Fed, prizing diversity, elevated an insider as its next president John Williams tapped to lead New York Fed, frustrating progressives and worrying some on Wall Street
(DBN)

Fed GDPNow: Latest forecast: 2.8 percent — April 2, 2018
(DBN)

U.S. Announces Tariffs on $50 Billion of China Imports US names Chinese products under proposed tariffs, including robotics, information tech and aerospace China Cares a Whole Lot About Pigs in Iowa Two Can Play at Trade War - China's response to Trumpýs tariffs hit innocent bystanders Here’s how a ‘trade skirmish’ could become a global ‘trade war’ Trump’s unwinnable trade war with China Fed's Kashkari says China trade fight a 'risky game' but says he has 'sympathy' for U.S. goals Century Aluminum CEO 'extremely confident' exemptions won't deaden Trump tariffs impact Trump’s Tariff Threats Will Hit Americans in Pocket Trade Tensions Are Already Hitting Industrial-Metal Prices Peter Navarro says Trump’s trade policies are ‘good for the market,’ but economists aren’t buying it Trump Rewrites GOP Playbook on Trade Trump Tariffs Stick It to U.S. Manufacturers
(DBN)

China announces new tariffs on 106 US products, including soy, cars, and chemicals We must retaliate when people damage our interests, says China's vice finance minister China’s ambassador to the US explains why the country is striking back China strikes back at U.S. tariffs
(DBN)

Trump’s tax cut windfall lifts stock dividends to new record
(DBN)

The Economy Is Not Dead Yet
(DBN)

Fed: Q4 2017 Household Debt Service Ratio Increasing from Very Low Level
(DBN)

How the Civil-Rights Movement Aimed to End Poverty
(DBN)

What’s the Matter With Trumpland?
(DBN)

Trump Wants Billions Cut from New Budget Trump discussed rolling back spending deal with GOP leaders: Source Facing heat at home, GOP leaders may rescind some spending
(DBN)

Trump's top infrastructure advisor is leaving the White House as president's plan hits a snag
(DBN)

More than one-third of Americans would give up their right to vote for an immediate raise
(DBN)

Borrowers Lose Leverage as Corporate Bond Buyers Grab the Reins
(DBN)

4 things millionaires do that the middle class doesn't
(DBN)

Pew: What the World Thinks of America Now
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

Home prices go through the roof, defying forecast of tax-law hit Hot housing market: home buyers are spending more than expected CoreLogic: House Prices up 6.7% Year-over-year in February
(DBN)

Do Servicers Have to Monitor Whether a Successor in Interest is in Bankruptcy? CFPB’s FAQ Suggests the Answer is “Yes”
(DBN)

Tappable Mortgage Equity Since 2004
(DBN)

Mobile Home Delinquencies a Warning Sign
(DBN)

Update: Framing Lumber Prices Up Sharply Year-over-year
(DBN)

Best Cities to Buy a House in America
(DBN)

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Municipalities:

Stunned Investors Reap 95% Gains on Defaulted Puerto Rico Bonds
(DBN)

Puerto Rico gov defies board, rejects reform, pension cuts
(DBN)

Puerto Rico governor rips GOP rep over ‘truly disturbing’ letter
(DBN)

Puerto Rico's PREPA Privatization: A Sale Too Private
(DBN)

An American tragedy: How can Puerto Rico rebuild after Maria?
(DBN)

It’s So Bad in Illinois Its Bonds Pay Like a Reviled Jersey Mall
(DBN)

Teacher Revolts Challenge GOP Austerity
(DBN)

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Oil/Gas:

New Delaware Chapter 11 Filing – EV Energy Partners, L.P. Summary: New Chapter 11 Filing - EV Energy Partners L.P.
(DBN)

OPEC oil cuts removed 85 percent of oversupply, says minister
(DBN)

Renewables Are Closing In On Fossil Fuels
(DBN)

Trade War Looms Over Oil Markets
(DBN)

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Electricity:

Bankruptcy of FirstEnergy subsidiary could have wide-ranging impact
(DBN)

FirstEnergy Solutions begins bankruptcy FirstEnergy Solutions faces 13500 creditors
(DBN)

Murray Energy responds to FirstEnergy Solutions Bankruptcy
(DBN)

This is a ‘test case’ for whether Trump is really serious about saving coal and nuclear plants
(DBN)

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Accounting:

Ukraine Bank Sues PwC Units For $3B Over Audit Claims PwC to fight PrivatBank $3bn lawsuit
(DBN)

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Celebs:

Lawyer: Livan Hernandez's bankruptcy story 'difficult to accept'
(DBN)

Tilton's Zohar III Should Be Run by Trustee, U.S. Tells Judge
(DBN)

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Healthcare:

New Tax Law Likely to Cause Pain for Healthcare Providers
(DBN)

Navigating Change in Healthcare
(DBN)

Preserving Value Amid Disruptive Forces Buffeting Healthcare Organizations
(DBN)

Avoiding HIPAA Hurdles in Healthcare Provider Chapter 11s
(DBN)

The ‘Amazon-ing’ of Healthcare
(DBN)

Section 363(f) Provides Little Muscle in Healthcare Bankruptcy Cases
(DBN)

Distress Indices Reflect Increasing Trouble in Healthcare Sector
(DBN)

Taxpayers bore the brunt of Trump’s ACA changes
(DBN)

Trump's health care tariffs could raise drug costs
(DBN)

Midlife 'wealth shock' may lead to death, study suggests The grave health consequences of a personal financial catastrophe
(DBN)

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Retailing:

Trump can't stop ranting about Amazon's US Postal Service deal on Twitter — and there's a $2.6 billion reason why Why Trump can’t tell the USPS what to do in Amazon brawl If Trump runs against Amazon, he will lose No, the Postal Service isn't losing a fortune on Amazon There's one big reason Trump wouldn't want to go after Amazon Trump's tweets can't hurt Amazon, but here's how the government could crack down Fear Lurks Behind Trump's Amazon Vendetta Amazon not likely to pay higher Postal Service rates despite Trump attacks Trump Can't Hurt Amazon. It's Dumb to Try.
(DBN)

H&M gets hit with the ‘Amazon effect’
(DBN)

Steinhoff Halves Value of Property Unit
(DBN)

We went to a Kmart store and saw why the company is in danger of shutting down
(DBN)

Deadline for Bon-Ton sale bids extended
(DBN)

Mall owners Namdar, Washington Prime in bid to buy Bon-Ton - sources
(DBN)

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New Bankruptcy Opinions
(8 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (22 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (31 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:

Buffalo: Bankruptcy filings drop 4.7 percent in March
(DBN)

Bankruptcies up in Toledo
(DBN)

BK ME: March 2018 Statistics
(DBN)

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TBTF:

Fed may want to require banks to hold more capital to head off financial stability risks, Brainard says
(DBN)

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SCOTUS:

U.S. Supreme Court Says Tribune Creditor Suit May Be Revived
(DBN)

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Discharge:

Awkward: Old Friend From Church Blocks Discharge of Student Loan Debt
(DBN)

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IP:

Dumbing Down Intellectual Property: Chapter 11 Impact on IP License Agreements
(DBN)

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Mediation:

Priorities of Litigants in Mediation and Other Dispute Resolution Processes: A 2016 Study Report
(DBN)

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Arbitration:

Second Circuit Rejects Arbitration of Debtor’s Asserted Discharge Violation
(DBN)

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Litigation:

Funding the Post-Confirmation Trust When the Well Runs Dry
(DBN)

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Jurisdiction:

Ninth Circuit Rules That Bankruptcy Filing Does Not Affect District Court’s In Rem Jurisdiction Over Vessel and Adopts Burden-Shifting Approach to Pretrial Awards of Maintenance Payments
(DBN)

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Autos:

Tesla is facing an ‘existential crisis,' says market watcher Elon Musk’s April Fools’ tweets were ‘not a joking matter,’ experts say
(DBN)

Tesla stock jumps after production misses but liquidity concerns addressed
(DBN)

Tesla has some similarities to bankrupt SunEdison
(DBN)

U.S. Light Vehicle Sales increase to 17.5 million annual rate in March
(DBN)

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Radio:

iHeart Unable To File Annual Report
(DBN)

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Newspapers:

Was Charleston Gazette-Mail a good case for an Ice Cube Bond?
(DBN)

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Sports:

Court: Astros, Former Rockets Owner Could Owe Comcast More Than $54M Comcast could recover as much as $73M in revived CSN Houston bankruptcy case after appeals court ruling
(DBN)

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Biofuels:

Ethanol group attacks EPA's deal to end refiner's bankruptcy EPA Gives Giant Refiner an Ethanol Waiver
(DBN)

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UK:

UKIP avoids insolvency after raising money to cover £175000 libel bill UKIP 'saved from insolvency ' by donations
(DBN)

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Canada:

Bankruptcy Canada Law Firm Power Rankings Bankruptcy Canada Monitor Power Rankings
(DBN)

Lac-Megantic tragedy: Crown says there will be no trial against bankrupt railway
(DBN)

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India:

Debt-ridden farmer ends life
(DBN)

The Top Seven Recommendations Of The Insolvency Law Panel
(DBN)

Insolvency rule change on valuers leads to lack of clarity on valuation gap
(DBN)

IBC committee wants wider pool of bidders for insolvent companies
(DBN)

Billionaire Heads to Court in Battle Over India's Steel Market
(DBN)

Jeweler to the stars flees as India seethes over bank fraud
(DBN)

Air India delays payment of March salaries
(DBN)

Insolvency under Section 29A: Pre-Pack Pools & Independent Review of Connected Party Sales
(DBN)

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Singapore:

MAS likely to bear burden of rescuing local failed bank: Moody's
(DBN)

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Australia:

Validity Of Holding DOCAs In Doubt
(DBN)

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South Korea:

Sungdong Shipbuilding Files for Rehabilitation
(DBN)

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China:

China's Alarming Debt Pile Could Finally Stabilize This Year
(DBN)

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MENA:

Lebanon hopes to raise billions to keep economy afloat
(DBN)

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