August 27, 2018

The Daily Bankruptcy News

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Law:

The Latest Domino: Kilpatrick Raises Associate Pay
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Ahead of Closure, Archer Norris Files for Bankruptcy
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Top Firms for Midlevel Associates: The 2018 National Rankings
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GrayRobinson Names Bankruptcy Shareholder As New Director in Miami
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Are Wall Street Law Firms Losing the Talent War?
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Ill. Firm Impersonated Rival Online To Steal Clients: Suit
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The Most Vile Law School Essay You’ll Ever Read
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The Case For ‘Crazy Rich Asians’ And AAPI Representation In The Legal Profession
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Thinking About Moving In-House? Everything You Need To Know About General Counsel Compensation
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How I Escaped Feeling Like A Fraud As An Attorney
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Departure Memo Subtly Burns Biglaw Firm Straight To Hell
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14 things that mean something completely different if you’re a law student
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‘I returned to my desk and broke down in tears’: Junior lawyer opens up about battle with depression and anxiety
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I interviewed for a job and the interviewer was disengaged, disinterested and preoccupied. How do I handle this situation if it happens again?
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Trump Organization CFO Allen Weisselberg was granted immunity by prosecutors in the Cohen investigation Allen Weisselberg Immunity Deal Shows Prosecutors Are Going After Trump Family, Not Trump Organization Trump’s business faces prosecutors’ tax scrutiny after Cohen plea Longtime Trump Organization CFO Weisselberg granted immunity in Cohen probe Don’t Be Too Happy About Michael Cohen’s Plea Deal How National Enquirer's parent company, American Media, is involved in the Michael Cohen case Christie pushes back on Trump call to outlaw flipping: ‘That's the way our system is supposed to work’ Amid betrayals, Trump's barrier breaks down Robert Mueller is a demanding boss who makes employees work nights and weekends Robert Mueller once started a new job by asking every supervisor in the office to resign Roger Stone: Mueller Will Soon Indict Donald Trump Jr. For 'Lying to the FBI' The Prosecutors Who Have Declared War on the President Trump is latching on to a popular right-wing talking point about Michael Cohen that experts say is 'nonsense' Why Manafort and Cohen Thought They’d Get Away With It Cohen's Lawyer Walks Back Confirmation of CNN's 'Bombshell' 2016 Trump Tower Meeting Story The president can keep crying “witch hunt,” but it won’t stop the evidence against him from mounting Manafort, Cohen cases reveal weaknesses in enforcement of tax and election laws The shifting account of Stormy Daniels payment Loyalty Tested as Closest Trump Confidants Become Witnesses Michael Cohen’s New Role As The “Liberated” Liar “Speaking Truth To Power” Top Legal Expert: Trump's Hush Money Shouldn't Lead to Indictment or Impeachment Mueller Wants Strict Limits on Manafort Defense in 2nd Trial Manafort Jury’s Turmoil Suggests Landmines for His Next Trial Mueller Is Already Taking Measures to Muzzle Manafort Donald Trump, Paul Manafort and that Pesky Witness Tampering Statute Michael Cohen Guilty Plea Reveals Link to Qatari Royal Family With his quote about a Manafort pardon, Giuliani is on thin ice Poll: 60% Oppose Manafort Pardon Michael Cohen's lawyer backs off claim that Trump knew of Russian interference: report Sleeper Case Could Torpedo Mueller Report
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Oh, You’d Better Believe George Conway Has Thoughts On All This
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Trump Attacks Sessions and Prosecution Tactics in Michael Cohen Case Trump steps up his war with Attorney General Jeff Sessions Trump taunts Jeff Sessions after attorney general pushes back against the president's criticism New tweets from President Trump put renewed pressure on Attorney General Sessions Trump Threatens FBI Over Hillary Clinton Emails: 'I May Have To Get Involved' Looks Like We’re About To Get A New Attorney General Republicans: Sessions Gone After Election
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A president who demands loyalty finds it fleeting in DC
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Former head of CDC Tom Frieden arrested and charged with forcible touching, abuse and harassment A 28-year-old woman says celebrity chef Mario Batali forcibly assaulted her in a Boston restaurant when she asked for a selfie Ohio State Now The Latest Sports Organization To Get A Figurative Black Eye For Ignoring Athletes Giving Women Literal Black Eyes States split in taking action to combat misconduct Holland and Knight Documents Failure of Phillips Exeter Academy's Administration to Punish Abuse
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Judge Strikes Down Trump's EOs on Fed Unions Federal judge in the District of Columbia struck down provisions in three of President Trump’s recent executive orders making it harder to fire federal employees
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Multiple fatalities reported, including a suspect, in mass shooting at Jacksonville, Fla., marketplace 'Mass shooting' leaves multiple dead at Madden video game tournament in Jacksonville, Florida This is what we know about David Katz, the suspect in shooting at the Jacksonville Madden video game tournament Shooter was apparently disgruntled player
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‘Something about him was off’: Other women say Mollie Tibbetts' suspected murderer messaged them repeatedly on social media over the years
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FactCheck: "Half of everyone that’s here illegally came here legally on a visa and have overstayed their visa."
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Not Sleeping Almost As Bad As Smoking for Heart: Study
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Sizing Up The 2018 'MacBook Air'
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Contractor Recorded Jail Calls to Attorneys
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Your Honor, Can I Play With That Gavel?
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Woman Goes on Racist Rant Against Arab-American Man After Allegedly Hitting His Car
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Prosecutors: Shooter Targeted Female Motorists, Believed Their 'Sole Purpose' Was Having Male Babies
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Police Say One Family’s Idea of ‘Fun’ Was Elaborate Faked Abduction of Children
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Lawyers Claim Bigfoot Case “Lacks an Air of Reality”
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Judges:

BK NV: The Bankruptcy Bugle Newsletter (August 2018)
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BK WD NY Buffalo Moving
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Fresh signs that Democrats won't be able to stop Kavanaugh Focus returns to Kavanaugh’s work for Starr, as judge orders release of report on media leaks Senate Democrats Call For Delay To Kavanaugh Hearing Women are taking to the streets against Trump’s Supreme Court pick
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Administrative law judge kills himself after hostage standoff, police say Federal Judge Engages In 10-Hour Armed Standoff With Police Before Killing Himself
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Judge resigns after recognizing his courtroom comment was ‘a career-ender,’ chief judge says
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ABA committee gives ‘not qualified’ rating to a second Oklahoma judicial nominee
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Former justice on West Virginia’s top court pleads guilty to wire fraud
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When The Trial Court Beats You Up, You May Be A Winner
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Wall Street:

US stocks set to open higher after Powell signals ‘further, gradual’ rate hikes Stocks look to extend push into record territory
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Stocks close at record highs, led by tech companies
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Layoffs:

ProMedica lays off about 100 employees
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Retailing:

Toys ‘R’ Us Sale of Asia Unit Threatened by Solus-Cerberus Brawl
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Reimagining Retail Spaces: Who's Taking The Vacant Toys "R" Us Stores?
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Amazon is paying people to tweet nice things about warehouse working conditions
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Thousands of Amazon workers receive food stamps. Now Sen. Bernie Sanders wants Amazon to pay up.
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J.C. Penney may be courting the same fate as Sears
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Pensions:

Bankrupt non-profit wins round in Kentucky pension fight but battle goes on
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Education:

Graduates spent nearly $7.5 billion on education that failed to deliver
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Black Colleges Have to Pay More for Loans Than Other Schools
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Politics:

John McCain Dies at 81 Years of Age How Lawyers Are Remembering 'Maverick' John McCain's Legacy All Presidents Pay Tribute to John McCain McCain Praised by Friends and Foes Kathy Griffin Slams Trump's McCain Tribute John McCain’s mother, still alive at 106, called him a ‘scamp’ John McCain Was Always There for America Sen. John McCain, a War Hero Who Became a Political Heavyweight, Dies at 81 Schumer: Name Senate Building for McCain Key Moments in John McCain's Life As A Conservative, McCain Was In A Class Of His Own Trump called him a 'loser,' but vets like me know the truth about John McCain John McCain: A fighter who sought common ground John Kerry: "John McCain showed all of us how to bridge the divide" John McCain’s Radical Candor John McCain's sense of honor was rare in a polarized Washington AZ candidate impugned McCain before his death Did McCain Die Just to Spite Kelli Ward? In Arizona GOP Campaigns, McCain a Pariah For a Republican, McCain was a financial maverick People are laying flowers and American flags for John McCain at the site of his Vietnam War plane crash in Hanoi The Last Maverick John McCain, a Scarred but Happy Warrior John McCain's Incredible Life in Photos McCain: Unquestionable Patriot John McCain was the senator no one could ignore Great-Heart Is Gone For McCain, a cross-country funeral procession in the works John McCain meant well. Is that still something Americans care about? 'We are Americans first, Americans last, Americans always.' John McCain's most powerful quotes John McCain Would Have Passed the Anne Frank Test Watch John McCain defend Barack Obama against a racist voter in 2008 The Trump-McCain Feud Never Ended Trump reportedly has no regrets about saying McCain was 'not a war hero' Trump-McCain rift clear as president sends brief tweet and heads to play golf The White House was going to issue a statement praising John McCain — until Trump reportedly nixed it Cindy McCain may be named to fill her husband’s Senate seat | In death, McCain has final message for Trump Who could be appointed to replace John McCain in the Senate, and the process behind it, explained Trump rejected statement praising McCain's life: report We asked 11 senators what’s most misunderstood about John McCain McCain requested Obama, George W. Bush deliver eulogies at funeral
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Without support, Trump slams social media firms as 'silencing millions'
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Here’s what Democrats said 20 years ago about presidents illegally covering up their sex lives Where were Democrats calling out corruption during Clinton scandal?
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No, a Teen Did Not Hack a State Election
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Trump Job Approval Steady Amid Legal Action
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Trump's gambling losses
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Election handicapper moves 10 races toward Dems
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As GOP scandals multiply, Democrats frame a careful message on corruption Democrats are incredibly cautious about discussing Trump's impeachment even after 2 of his top aides have been convicted Democrat: We Don't Have the Evidence to Impeach Trump Democrats Aren't Talking Trump Impeachment But Are Vowing Probes Republicans secretly study their coming hell
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Democrats Cut Party Leaders' Power to Pick Presidential Nominee
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Race is still the central dividing line in the Democratic Party
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When They Came for the Father of the A-Bomb
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Measuring the Misdeeds of US Presidents
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Trump Comes Out Swinging in Ohio
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Lawmakers Want Classified Documents on Trump’s Meeting with Putin
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'How do you stay married to a guy who does that?' ‘Family Values’ Republican Blames His Wife For Criminal Indictments
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Geraldo Rivera: The Political Spin on Mollie Tibbetts's Death Is Gross Don't Politicize Mollie Tibbetts’s Tragic Death Mollie Tibbett’s Friends And Family Push Back On Anti-Immigrant Rhetoric Using Her Death
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There are 3 possible scenarios for what a post-Trump America could look like, according to experts
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Trump Has Spent 25 Percent of Days at Trump Golf Clubs
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Facial recognition edges toward the mainstream
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7 arrested in protest over UNC Confederate statue
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Florida Candidate: My Alien Abduction Does Not Define Me
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North Korea's state newspaper claims the US is secretly plotting to 'unleash a war' while continuing to negotiate 'with a smile on its face' US is now 'worse off' on North Korea than it was before the Trump-Kim summit, expert says
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Banking:

Got $9M? Then You Can Get A Bank
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Lehman:

Still arguing over Lehman
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Student Debt:

The DeVos School for the Promotion of Student Debt
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Food/Beverage:

Amazon’s Whole Foods Is Starting to Steal Trader Joe’s Shoppers
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Economy:

Jerome Powell defended the strategy of gradually raising interest rates Powell sees 'further, gradual' rate hikes as the economy hums Fed Sticks with Slowly Raising Interest Rates As Trump goes low, Fed goes high Jay Powell Says That’s Just, Like, The President’s Opinion, Man Fed Chair Powell: "Risk management suggests looking beyond inflation for signs of excesses" Fed Keeps Its Cool at Jackson Hole Despite Pressure From Trump Powell Doctrine Emerges as Fed Chief Debuts at Jackson Hole Powell says Fed needs to nix old-time thinking in an age of economic uncertainty
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Four Fed Rate Hikes This Year Isn’t Set in Stone
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Fed's Mester raises GDP outlook, still thinks gradual rate increase path appropriate
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Fed’s James Bullard says he would 'stand pat' on rates for rest of the year Fed's Bullard Warns Of Recession Risk
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Big corporations may be overpowering central banks
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Central bankers’ Jackson Hole gathering: a cheat sheet
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Personal-Loan Balances Outstanding Since 2006
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Another inflation gauge is set to enter the red zone, but no worries at the Fed. Here’s why
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US business equipment orders point to firm investment
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Q3 GDP Forecasts
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US industry leader on tariffs: 'Prices will go up, sales will go down, jobs will be lost' US-China trade war is poised to intensify: 'Both sides think they have the upper hand' A battered Trump may escalate the US-China trade war ahead of midterms Trump’s trade policies raise alarms at Fed’s Jackson Hole retreat How to Make Sense of President Trump’s Call for Zero Tariffs Trade-war tracker: Here are the new levies, imposed and threatened The CEO of one of America's largest crafting stores is mounting a furious campaign against Trump's tariffs China targets US snowmobiles in latest trade war tit-for-tat As China retaliates in Trump trade war, damage for Northwest cherry growers could reach $86 million Heitkamp: North Dakota may be ‘hardest hit’ by ongoing trade war Will Art Become a Casualty of the U.S.-China Trade War? Trump's China tariffs could deal another blow to this South Carolina county One of Trump's top ranking officials is 'actively pleading' with him to try and save jobs that tariffs killed in his home state Retailers study shows more Trump tariffs could cost consumers $6 billion Retail CEOs worry about China trade war Trump seems to have a back-up plan if his trade wars fail Trump trade war could cause recession , Charles Koch warns As China trade talks sputter, both sides ratchet up threats How US trade war is spreading from goods to services China's new currency policy is a dovish signal in the trade war, analysts say
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‘Paradoxical’ that U.S. puts obstacles in…‘at a time when its economy is firing on all cylinders,’ says BIS’s Carsten
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US and Mexico close to reaching NAFTA deal, sources say Mexico's president-elect thanks Trump for holding off on the insults lately US-Mexico poised for NAFTA deal as soon as Monday. Will need at least a week to include Canada Canada Forced Into a NAFTA Waiting Game Trump Says Mexico Trade Deal May Be Near as Oil Appears Resolved Inside Lighthizer's thinking on NAFTA NAFTA breakthrough seems imminent after fractious talks Trillion Dollar NAFTA Deal Gets New Life
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Trump touts the economy, says US is ‘setting records on virtually every front’
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Why millennials shouldn’t completely panic about Social Security depletion
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How Your Utility Bill and Two Cups of Coffee Reveal the Truth of the Tax Cuts
(DBN)

Republicans Aren’t Bragging About the Economy
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New IRS rule on deductions hits some high-tax states hard
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Signs of a Strong Economy: Hedges Are Overgrown and Lawns Need Mowing
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Dead end? A tin cup awaits many seniors
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Senate Passes $854 Billion Spending Bill in Hopes of Averting Government Shutdown
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A close look at the performance of America's top manufacturing companies reveals a surprising story of industrial growth. It also suggests an alarming future
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The Costs of a (Great) Recession
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Brace yourself, this is how much America’s 1% has saved
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Partisanship is Reshaping Our Economy
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US Debt Clock
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World Debt Clock
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How People Really Live
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Real Estate:

New Home Prices
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Home sales hit a fresh low in July as housing market looks for direction
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There's a 'boogeyman in the housing market' that's making it tougher for Americans to own homes
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Housing is ‘another brick in the wall of worry,’ stock analyst says
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Fannie, Freddie remind servicers of options as Hawaiian hurricane approaches
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Toxic homes: The invisible threat after Hurricane Harvey
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The hidden reason you can’t find a house to buy right now
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Municipalities:

Muni Lowdown
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Sens. Warren and Sanders introduce bill that would slash Puerto Rico‘s debt
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Why Chicago's Pension Obligation Bond Plan Is Even Worse Than It Seems
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Michigan's micromanagement made Flint's water crisis worse than it should have been
(DBN)

Hurricane Harvey Is Houston’s Unending Nightmare
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Almost every Ivy League grad wants to move to the same place after school
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People are being paid more than $70,000 a year to clean p--- off the streets of San Francisco
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Oil/Gas:

Second Circuit Affirms Rejection of 'Sabine' Gathering Agreements
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Shell Wants Lawmakers to Support Carbon Tax
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Rex Energy wants more time for Ch. 11 plan as auction looms
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Oil Rigs: "Horizontal oil rigs roll off modestly"
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This Trend Could Erase America's Energy Trade Deficit by 2022
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Electric Car Sales in Europe Exceed 1 Million
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Religion:

Pope in Ireland Decries Abuse Cover-Up Pope Francis apologizes for Catholic Church's "crimes" The Pope refused to comment on bombshell allegations of abuse cover ups Pope compares Church sexual abuse, corruption to excrement, victims say Irish abuse victim urges pope to remove 'every rotten apple' Pope Francis Alleged to Have Known in 2013 About Abuse Charges Explosive letter claims Pope Francis helped cover up Cardinal McCarrick abuse The Pope: failure to address abuses makes me feel ashamed Former Vatican Official Calls for Pope's Resignation Catholic Church Faces Ominous Decline Bishop won't resign over handling of abuse Mexico: Cardinal Threatens Priest Accusers
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Pennsylvania Considers Allowing More Victims of Sexual Abuse to Sue
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Finance:

‘I can’t lose this money’: KC area investors, IRAs ensnared in big Florida bankruptcy
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Celebs:

Da Brat Facing Jail Time After Filing Bankruptcy
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These Former Forbes' List Billionaires Went Bankrupt
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Tampa judge considers Casey Anthony bankruptcy case
(DBN)

How much money billionaires and celebrities like Jeff Bezos and Kylie Jenner make per hour
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13 celebrities who have struggled with money
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Five Families Who've Lost Massive Fortunes
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Aretha Franklin Didn't Have a Will, So Her Finances Will Be Made Public
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Entertainment:

'Girls Gone Wild' Ch. 11 Should Be Put To Bed, Judge Told
(DBN)

Global Road Creditors Shop Films in Attempt to Stave Off Bankruptcy
(DBN)

Willkie Produces Hollywood Ending for Film Studio Relativity
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Marijuana:

Legal marijuana could be worth $47 billion in the US alone, according to a Wall Street analyst
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The Legal Marijuana Market Is Catching Up to Beer and Wine
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Mass Torts:

Bankruptcy Court Vigilant of Attempts to Divert Insurance Proceeds to Legal Fees
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Civil RICO: An Effective Deterrent to Fraudulent Asbestos Litigation?
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US senators want to know what the military is planning to do about dangerous lead levels in housing on bases across the country
(DBN)

Citing 'character assassinations' of witnesses, Goodyear asks for new trial in $40 million asbestos case
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Personal Finance:

Pets and Financial Distress Americans are willing to wreck their financial futures on behalf of their pets
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Americans are paying hundreds of dollars at a time for bible covers, boots, and pillows made from giraffes
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This Is How Much Money You Need To Retire
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September is a great time to get deals on these items
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Why your brain wants to make you broke, and what to do about it
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Distressed Investing:

Leveraged loan boom is storing up nasty problems
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Electricity:

First Energy: Promising Growth With A New Business Model
(DBN)

California plan would allow fire surcharge on power bills
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Construction:

A federal judge ordered Navillus to pay unions $76M. Here’s why the contractor is only paying $26M
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Auto Racing:

Bankruptcy Judge Approves Sale of NASCAR Team BK Racing
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F1 On Track For Legal Battle Next Month Over Force India Rescue Sale
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Climate:

Lane Dissipates; Storm Warnings for Hawaii Lifted Hawaii breathes sigh of relief after escaping worst of Hurricane Lane Hawaii's Rain Records Toppled Hurricane Lane Created A Steamy White-Out In Hawaii
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The 6 things you most need to know about Trump’s new climate plan
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Cryptocurrency:

Mt.Gox Invites Creditors Claims, $1bn Worth Crypto To Be Disbursed
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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
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Recent Ch. 11 Filings (24 new filings today)
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Recent Ch. 11 Adversary Proceeding Filings (5 new filings today)
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Bankruptcy Code (html) - Bankruptcy Code (pdf) Prior BK Codes (pick year from list) - Bankruptcy Rules
(large downloads)

UCLA-LoPucki Bankruptcy Research Database
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Chapter 11 Bankruptcy Case Studies
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Bankruptcy Jobs:

(1) (2) (3) (4) (5) (6) (7) (8)
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Seminars - (Contact us to list your seminar)

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Bankruptcy Statistics:

Bankruptcy Filings Up Slightly in July 2018
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Financial, industrial and utility filings down
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Avoidance Actions:

Undocumented Loans Easy Fodder For Florida Fraudulent Transfer Claim In Kaplan
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New York Federal Court Holds County Tax Foreclosure May Constitute Fraudulent Conveyance
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Discharge:

Third Circuit Enforces Plan Releases Against Later-Purchasing Shareholders Bringing Claims Concerning Post-Confirmation Conduct
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Miscellaneous:

Steinhoff, Venezuela & Argentina Deep Dive
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Nuclear:

The $4.7 billion nuclear bill that no one wants to pay
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Autos:

Reagor-Dykes Auto Group fires bankruptcy attorneys Reagor Dykes attorney asks permission to withdraw from case Bankruptcy judge amends motion for GM to terminate dealer agreement with Reagor-Dykes Floydada
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Tesla insiders say ‘it’s a s--- show’ under beleaguered Elon Musk CEO Elon Musk: Tesla will remain a public company Why Elon Musk abandoned his plan to take Tesla private Elon Musk insists he has funding to take Tesla private, but won't because investors pleaded with him not to Musk Blog Ends One Tesla Drama, Rekindles All the Others How Tesla's Suppliers May Have Killed Elon Musk's Private Dream Tesla shares fall 5 percent after Musk abandons buyout ‘The corporate-governance disaster that is Tesla continues,’ says one of the fiercest critics of Musk and company Lingering doubts, harsh realities ended Elon Musk’s plan to take Tesla private Dear Elon, Tesla Still Isn't Profitable Musk's U-turn on Tesla deal could intensify his legal, regulatory woes
(DBN)

VW CEO Got the Memo on Emission Cheating
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PSA Turnaround Of GM Loss Maker Opel Vauxhall Eschews Pile'em High, Sell'em Cheap
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To pay for trauma centers, state program sinks thousands of Texas drivers into deep debt
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Consumer Finance:

Lenders Shunned Risky Personal Loans. Now They’re Competing for Them
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Retailing:

Dayton Mall: Giant empty retail space clouds future
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Fraud:

Fair Finance trustee tries for legal jackpot one last time
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A series of studies suggest people who think of themselves as rich could be more likely to steal, cheat, and lie
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Feds Sue to Halt Alleged Chicago Ponzi Scheme
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Commodities:

Noble Group wins lifeline as shareholders back $3.5 bln debt restructuring Noble shareholders back $3.5 bn deal in fight for survival Noble Group Shareholders Back Survival Plan as Brough to Bow Out
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‘I Was Cheated’: Tales From the Collapse of a Commodity Giant
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Corporate Reform:

Kathleen Kraninger Kraninger Nomination Approved by Committee, Sent to Senate
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Healthcare:

Sales of Healthcare Businesses in Chapter 11– The Basics
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The endless GOP pre-existing conditions headache
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This doctor survived a spinal injury, only to face hounding from debt collectors
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Life-Threatening Heart Attack Leaves Insured Teacher With $108,951 Bill
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Medicare-for-All Would Be Costly for Everyone
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Transit:

Uber begins shift to e-bikes, scooters, further financial hit expected
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Coal:

Coal Country: EPA Plan Is Short Term Boost, No Solution For Industry Decline
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UK:

Spike in company collapses lead to government insolvency law clampdown
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New tools to improve rescue opportunities for financially-distressed companies
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No Deal Brexit Will Break Up the UK Chancellor says no deal Brexit will damage UK GDP for years to come Ireland at risk of recession in no-deal Brexit
(DBN)

China says agrees with Britain to discuss 'top notch' free trade deal
(DBN)

Wonga considers insolvency after surge in customer complaints Wonga on brink of collapse after customer compensation claims deluge
(DBN)

Directors face tougher penalties for reckless behaviour New crackdown on reckless directors
(DBN)

Meet The British Fintech Firm Aiming To Solve Europe's Late Payment Crisis
(DBN)

School siphoned of millions
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Homebase on the brink: 11,000 jobs at risk as sales plunge 10% with 70% of stores now in the red
(DBN)

Hamleys boss falls victim to House of Fraser failure
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Developer transforming Hitler's crumbling version of Butlins on the Baltic Sea into luxury holiday accommodation goes bust
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PIIGS:

Greece was never bailed out – it remains locked in an EU debtor's prison Greece begins a new economy odyssey after a decade lost at sea Germany Warns Greece to Fulfill Post-Bailout Commitments
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Bankruptcy agreements: proponent creditors' right to vote
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Foreign investors flee from Italian bonds at record pace
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Trump Buys Italian Debt? Don’t Tell the ECB
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ie: Fines for 'profiting from insolvency '
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Canada:

Thousands of Saudi Arabian students have to leave Canada because their governments are fighting, so they’re frantically selling their furniture and cars
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Canada should fear this economic indicator flashing red, Goldman Sachs says
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MENA:

Abraaj Fund Investors Claim They Are Owed at Least $300 Million
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Trump Cuts Over $200M in Palestinian Aid
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Rouhani's woes mount as Iran economy minister impeached
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Venezuela:

Venezuela: Largest Exodus in Latin America
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India:

Bankers rush to finalize plans to resolve problem of NPAs RBI deadline for resolution of ? 3.8 trillion in NPAs ends today Insolvency drill to benefit banks
(DBN)

Bankruptcy sword looms over 60 companies owing Rs 3.5 lakh crore At Least 60 Stressed Firms Set To Face Insolvency Action Starting September
(DBN)

Govt seeks applications to fill judicial, technical member posts at NCLT
(DBN)

RCom Gets Relief From Dollar Bondholders as Deadline Looms
(DBN)

Games Indian banks play in injury time
(DBN)

Nirav Modi-linked US firms tied to PNB Fraud by examiner
(DBN)

IBC ordinance sweetens deal for homebuyers
(DBN)

After 2 years as RBI governor, Patel nears bad debt endgame
(DBN)

No Interim Relief For Power Producers From RBI’s Stricter Debt Resolution Norms
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China:

CEFC default brings China bond defaults near $6b in 2018
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The plight of Chinese furniture firms
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China’s Growth Woes Aren’t Going Away
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Australia:

Bankrupt 'Gordon Gekko' scores development on government land
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How the Perth suburb of Baldivis became Australia's bankrupt capital
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Western Australia's mortgage 'delinquents': The stories behind the stats
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Baker made director of companies he'd never heard of in $100m tax scam, court hears
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Turkey:

Turkey Deep Dive
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Germany:

German business confidence rises sharply for first time in 9 months: Ifo
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China:

China industrial profit growth slows in July
(DBN)

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The Daily Bankruptcy News is primarily a curated news link gathering service.   Most of the headlines contained in the publication are a collection of links to stories posted on the Internet by various third party publications.  Such content is owned by third party sources, not The Daily Bankruptcy News, and in some cases, these links change or expire, which means you may not be able to view some news stories in prior editions of the Daily Bankruptcy News. The DBN subscription fee is not a fee for access to the content of the links, but is a charge for the considerable work involved in gathering, organizing and presenting the links. Use of this site and The Daily Bankruptcy News is subject to our Terms of Use. If you received The Daily Bankruptcy News via email (and you have a paid subscription account), to view a news story, click on the headline, and the story should open in your web browser. To view additional stories, click back to the email and click on additional headlines, which will cause new stories to open in your web browser.  You can view the Daily Bankruptcy News on the web by clicking here.

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Passwords/Subscriptions
Access to certain links in The Daily Bankruptcy News is available only to readers holding a paid service subscription. These links are currently marked with a "DBN" notation. The cost of a subscription is $65/year, payable annually.  Volume discounts are available for sites with multiple users. Click here to see a schedule of discounts. Complimentary subscriptions are available for full-time educational and governmental employees and for full time students. For information about discounts or educational/governmental subscriptions, contact us by clicking here. A separate password is required for each member of a firm wishing access to restricted links.

New readers can receive a free password good for 30 days by clicking here. 30-day passwords are not available to readers who have previously had a password, even if the password was associated with a different email address used by the reader. Refunds are not available after purchase.

Readers who wish to change their passwords should click here. Readers who have forgotten their password should click here.

Adding Your Email Address To The Distribution List
If you would like to start receiving The Daily Bankruptcy News by email each day, click here, and fill in the information requested. There is no charge to be placed on the distribution list to receive the headlines, although access to many of the links behind the headlines requires a paid subscription (see above, under Passwords). If, after adding your email address to the distribution list, you do not receive an email confirming the addition, please contact us by clicking here for help.

Removing Your Email Address From The Distribution List
If you already receive The Daily Bankruptcy News by email and you wish to remove your email address from the distribution list, click here and send the email that should appear. You do not need to type anything in the body of the email message. Note that the email asking for removal must be sent from the same email address which is on our distribution list. If you do not receive an email confirming deletion of your email address from the distribution list, contact us by clicking here for help.

If receive the publication forwarded from an older email address, you will need to contact us as described below for help removing that older address from our distribution list.

Press Releases/News Tips
Please send press releases and news tips to admin@bkinformation.com

Contact Us
The Daily Bankruptcy News is published each business day by BKINFORMATION.COM, L.L.C. You can phone or text us at 281-402-3957. You can email us at accounting@bkinformation.com (email inquiries are usually answered substantially more quickly than phone inquiries). Our mailing address is 935 Eldridge Road, No. 350, Sugar Land, Texas 77478.

Copyright 2018