August 28, 2018

The Daily Bankruptcy News

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Law:

Firm Raises First Year Salaries To Match Market But Midlevels And Seniors Aren’t Feeling The Love
(DBN)

Should BigLaw firms worry about increasing competition from the Big Four accounting firms?
(DBN)

Are law firms that place great importance on 'cultural fit' merely perpetuating the status quo?
(DBN)

Women and Minority Associates Are Less Satisfied Than Their Peers
(DBN)

How Schulte Roth Gave Associate Life an Extreme Makeover
(DBN)

'Springsteen on Broadway' gives lawyers 3 storytelling lessons
(DBN)

Law School Professor Drops The N-Word In The First Week Of Class
(DBN)

Should You Take Law School Classes Online?
(DBN)

The Law School That Will Prime You For Public Service
(DBN)

Meet The Law School Professor Taking On Corporate Money
(DBN)

Biglaw Partner Accused Of M----------- At The Gym
(DBN)

Halting the hover: Dealing with helicopter parents in law school (podcast)
(DBN)

Why Is Innovation So Hard For Lawyers And Firms?
(DBN)

'Never Trump' Letter Gets Partner Rejected as Compliance Monitor
(DBN)

Law firms can learn from other industries' missteps on cybersecurity awareness and prevention
(DBN)

Good data, bad data: Algorithms fall short in predicting litigation outcomes
(DBN)

What We Know About Stormy's $130K Payoff
(DBN)

Looks Like Jeff Sessions Is Trying To Hurry Up With His Final Solution Before He Gets Fired
(DBN)

Deadline nears for Mueller to decide whether to retry Manafort on 10 counts in Virginia case Manafort verdict strengthens Mueller’s hand for round two Manafort discussed plea in upcoming case, but talks broke down Paul Manafort plea deal talks broke down over Mueller's objections Mueller probe plunders New York tabloid swamp Dershowitz says federal probe in New York, not Mueller, is ‘greatest threat’ to Trump Giuliani: Trump lawyers haven't heard from Mueller in weeks Goldberg: Donald Trump shouldn't answer Mueller's questions. President Trump has a duty to What Will Mueller Do? The Answer Might Lie in a By-the-Book Past Trump ally Roger Stone begs for money to fight Mueller Robert Mueller Might Have 'Quite Ugly' Information on Donald Trump's Unreleased Tax Returns, Bush's Ethics Lawyer Says The Great American Witness Auction: How Michael Cohen And Others Are Making Millions In A Testimony Market When Michael Cohen Was a Landlord, He Filed False Docs, Got Complaints from Miserable Tenants, Report Says Lanny Davis says he was an anonymous source for Trump Tower story Michael Cohen's lawyer has done real damage to the case against Trump Michael Cohen’s Troubles Don’t End with His Guilty Plea On second thought: Trump, Cohen lawyers stumble on facts
(DBN)

Could Trump’s Missing Signature Force Him to Be Deposed?
(DBN)

Avenatti 2020 Was Probably Inevitable
(DBN)

Tibbetts' Dad Thanks Hispanic Community More Than 1,000 Mourners Attend Mollie Tibbetts' Funeral AG Candidate Uses Mollie Tibbetts in Immigration-Based Political Ad as Family Blasts ‘Racist, False Narrative’
(DBN)

US says it will appeal injunction barring separation of immigrant families
(DBN)

Patent partner at Perkins Coie writes novel that is a ‘wild success’
(DBN)

2 Legal Rebels join forces to design the legal department of the future
(DBN)

Getting too much sleep can be just as dangerous as having too little
(DBN)

Relaxing the anxious lawyer brain takes practice
(DBN)

Everyone Knows Lawyers Are Really Just Slytherins In Disguise
(DBN)

FBI Opens Investigation Into Hollywood's Notorious "Con Queen"
(DBN)

The job is killing them: Family lawyers experience threats, violence
(DBN)

NY public housing employees accused of using projects for wild o-----
(DBN)

Federal Judge: You Can Flip Off Cops
(DBN)

Federal Court: First Amendment Protects Sharing Food With Homeless People
(DBN)

L.A. Prosecutor Arrested After Crashing Car and Then Drinking As He Waited For Police
(DBN)

Mom Says 9-Year-Old Son Killed Himself After Being Targeted by Anti-Gay Bullies
(DBN)

Boy Brutally Beaten Up After Standing Up to Bullies
(DBN)

Woman Says Alleged Attack on 'Arabian Terrorists' Was Totally Not Race Related
(DBN)

The ACLU Just Sided With the NRA, and It Was Totally Correct
(DBN)

Once-aspiring City lawyer who rejected Slaughter and May training contract stars in new Hollywood blockbuster
(DBN)

Learner Driver Killed After Stalling in Front of Train
(DBN)

Lawyer ditches law to become a clown
(DBN)

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Judges:

Pa. Judge Who Viewed Lewd Pics Denies Ethics Violation
(DBN)

Trump Announces 6 Judicial Nominees President Donald J. Trump Announces Seventeenth Wave of Judicial Nominees
(DBN)

Chief Justice Roberts slides into the high court’s ideological middle with the retirement of Justice Kennedy
(DBN)

Veteran Supreme Court Advocates Voice Support for Nominee Brett Kavanaugh Red-state Democrats feel the heat on Kavanaugh
(DBN)

Sotomayor: ‘I was the perfect affirmative action child’
(DBN)

Supreme Court justices shouldn't have term limits — they should have age requirements
(DBN)

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Wall Street:

US futures set for a tepid open after boost from US-Mexico trade deal Stock futures flat near record levels as trade fears are seen receding
(DBN)

S&P 500, Nasdaq jump to record highs as US and Mexico strike trade deal
(DBN)

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Layoffs:

FirstEnergy says no mass layoffs are in the works; 500 of 600 eligible employees accept voluntary buyouts
(DBN)

GlobalFoundries laying off hundreds
(DBN)

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Politics:

John McCain's final message for the President Donald Trump Stays Mum On John McCain After NAFTA News Conference White House flag at full-staff after short McCain tribute Trump orders flags re-lowered for McCain: 'Despite our differences,' I respect his service Trump retreated when the American Legion stood up for McCain Who Will Fill the Bipartisan Role of Sen. John McCain? Why Sen. Chuck Schumer Wants To Rename A Senate Building After John McCain Kelli Ward Keeps Slamming John McCain McCain Turned Down Manafort in 2008 Ducey aims to please Trump with McCain fill-in John McCain’s Final Letter to America John McCain, in final message before death, says 'do not despair of our present difficulties' McCain wins the final round of his rivalry with Trump in his farewell to the American people
(DBN)

Trump’s very bad week didn’t do much to sway the polls
(DBN)

Most campaign contributions come from outside candidates' districts
(DBN)

Poll: Americans believe Cohen, don't want impeachment
(DBN)

Trump attacks Google for prioritizing mainstream news outlets in search results
(DBN)

Steve Bannon: The upcoming election will be an up-or-down vote on Trump's impeachment
(DBN)

Here’s House Republicans’ list of all the Trump scandals they’re covering up
(DBN)

Art Cashin: The market is betting on Mike Pence should Trump's legal issues take a dark turn
(DBN)

Minnesota state Sen. Michelle Benson's husband files for bankruptcy
(DBN)

Federal court strikes down North Carolina congressional map
(DBN)

American democracy’s built-in bias towards rural Republicans
(DBN)

Distrust of American Elites Becoming Toxic
(DBN)

Confederate Markers Removed From New Mexico Highway
(DBN)

Trump reportedly canceled Pompeo's trip to North Korea after it sent a mysterious and hostile letter
(DBN)

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Bankruptcy Crimes:

Boulder spinal surgeon pleads guilty to bankruptcy fraud
(DBN)

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Climate:

Hawaii Takes A New Spot In U.S. Rainfall Records, After Hurricane Lane Drenches State
(DBN)

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Consumer Finance:

California Supreme Court Rules That Loans Not Subject To Usury Cap May Still Be Unconscionable
(DBN)

High-Cost Credit in the Courts
(DBN)

______________


Economy:

Dallas Fed: "Robust Expansion in Texas Manufacturing Continues"
(DBN)

Chicago Fed "Index points to a moderation in economic growth in July"
(DBN)

U.S. Household Wealth Is Experiencing An Unsustainable Bubble
(DBN)

El-Erian sees a 60% chance that Trump's hard line with China and Europe yields 'fairer trade' Trump is giving farmers a $6 billion bailout so they can weather his trade war Trump's Farm Bailout Costs $4.7 Billion 'Trade, Not Aid:' Farmers Are Pushing Back Against Trump's $4.7 Billion Trade War Bailout Buzz Kill: (Marijuana) Vape Companies Feel the Burn of Trump Tariffs White House advisor Kudlow says Canada could face auto tariffs if it doesn’t agree to ‘fair deal’ The US-Mexico trade deal may be bad news for China, experts say Trump Faces More Pushback on Auto Threats Texas Oil Producers: Trade War Puts U.S. Oil & Gas Sector At Risk How Chinese Tariffs Will Hurt U.S. LNG Trump dents hopes for China trade deal after agreement with Mexico
(DBN)

The US and Mexico struck an agreement on key parts of NAFTA, moving a step closer to reshaping the massive trade deal Auto stocks get a boost after the US and Mexico reach an agreement on parts of NAFTA Trump to Canada: Take It or Leave It US and Mexico reach a preliminary trade deal that could replace NAFTA Trump's New US-Mexico Trade Deal (Maybe) Trump deal with Mexico eases fears of trade wars, offers template to end other conflicts Kushner and Lighthizer Pressed for Deal Before Mexican President Leaves Office Here's how the U.S.-Mexico trade deal would differ from NAFTA 'A good start': Experts react to the U.S., Mexico trade deal New Trade Deal Not Even Close to Finish Line Trump’s NAFTA Strategy: Bluff, Rebrand, Declare Victory Trump's Splashy New Trade Deal Not Real More Questions Than Answers on Trump's Trade Deal With Mexico Don't Get Excited About Trump's NAFTA Deal Congress Still a Hurdle for Trump's Revised NAFTA Deal The Truth About the New Trade Deal New Trade Deal Will Jump the Prices for Cars
(DBN)

White House Blocks WTO Judge Reappointment
(DBN)

Air pollution could cause a significant reduction in intelligence, major study says
(DBN)

Once again, Americans are not saving enough Here's why Americans aren't saving more for retirement
(DBN)

Despite strong economy, many Americans struggling to get by Almost Half of Americans Can't Pay the Basics
(DBN)

A climate change-fueled switch away from fossil fuels means the worldwide economy will fundamentally need to change
(DBN)

Four in 10 U.S. Workers Think They Are Underpaid
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

Housing Inventory Tracking
(DBN)

Want to buy a home? You might want to wait
(DBN)

New York slaps $210k fine on Kushner Cos. for falsifying documents
(DBN)

Utah developer Terry Diehl gets settlement from feds for failed prosecution
(DBN)

This may be the hottest neighborhood in the U.S.
(DBN)

Top 5 cities where a down payment is least affordable
(DBN)

First American: Home prices could be at tipping point
(DBN)

Freddie Mac: August forecast shows affordability hinders growth
(DBN)

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Municipalities:

Hurricane Maria exposed big gaps in help for Puerto Rico's disabled. So how to fix it?
(DBN)

Flint: Nick Lyon's defense has cost more than an entire year of legal services for the poor
(DBN)

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Oil/Gas:

Bankrupt Rex Energy selling itself to PennEnergy for $600.5 million
(DBN)

A judge has allowed Vantage Drilling to restrict some Petrobras assets
(DBN)

Oilfield Service Valuations: Missing The Party Or Just Fashionably Late?
(DBN)

US energy companies cut 9 oil drilling rigs this week - Baker Hughes
(DBN)

4 States at 30% of Their Electricity from Wind
(DBN)

Total Chief Drives Electric Car on Weekends
(DBN)

Bank DNB sees more limited restructuring ahead for oil industry
(DBN)

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Religion:

The Abuse Scandal Has Come for Pope Francis Why it's so hard to hold priests accountable for abuse The Culture War That Is Tearing the Catholic Church Apart A Catholic Civil War? Former nunciature official: 'Vigano said the truth' Reporter says he persuaded archbishop to pen claims against pope Making sense of McCarrick cover-up charges against Pope Francis Pope Ends Visit To A Disillusioned Ireland, Where Church Authority Has Plunged Ireland's Dwindling Catholic Masses Time is running out for the pope to pacify the faithful’s anger Coverup claim against Pope Francis shakes a Church in crisis
(DBN)

Orphanage; Nuns Abused, Killed Children
(DBN)

Man who accused priest decades ago gets another chance at justice
(DBN)

Diocese buys bishop $2.3 million retirement home
(DBN)

United Methodist Church, Financially Troubled, Attempts Hostile Takeover of Glide Memorial Church in San Francisco
(DBN)

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Healthcare:

Mississippi hospital files for bankruptcy Gilmore, Curae Health file Chapter 11 bankruptcy
(DBN)

What would Sanders' 'Medicare-for-all' plan mean for doctor pay?
(DBN)

The clearest sign yet that Republicans are really worried about the new Obamacare lawsuit GOP Pushes New Bill to Preserve Protections for Pre-Existing Conditions
(DBN)

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Electricity:

FirstEnergy Solutions seeking court approval to sell its customer contracts
(DBN)

FirstEnergy enters settlement pact in FES bankruptcy FirstEnergy Enters Definitive Settlement Agreement with Key Parties in FES Bankruptcy Proceedings
(DBN)

Talks go down to wire on California wildfire legislation
(DBN)

______________

Auto Racing:

F1's Newest Team Could Cost Liberty Media $70 Million
(DBN)

______________

Newspapers:

Pittsburgh Loses Its Daily Print Newspaper
(DBN)

Co-owner of Minnesota newspaper chain files for bankruptcy
(DBN)

______________

Food/Beverage:

Applebees' legal battle with its Ohio franchisee escalates
(DBN)

______________

Corporate Reform:

If We’re Going To Have Capital Punishment, We Should Use It On Financial Criminals
(DBN)

______________

Personal Finance:

4 things extreme savers refuse to spend money on
(DBN)

Why Your Credit Score May Have Gone Up
(DBN)

It’s nearly impossible to work your way through school, but it’s much harder for low-income students
(DBN)

Always do this before returning a rental car (or exiting an Uber)
(DBN)

______________

Accounting:

Deloitte boosts revenues but profits down
(DBN)

______________

Travel:

JetBlue hikes checked baggage fees -- first bag hits $30
(DBN)

______________

Retailing:

Unsecured creditors, trustee fault Brookstone bankruptcy plan Brookfield lines up financing for planned $15-billion GGP deal
(DBN)

Latest Toys R Us Auction Set to Sell 82 Sites, Leases
(DBN)

J.C. Penney’s struggle to pin down its core customer is putting it at risk
(DBN)

______________

Maritime:

115-year-old German yard files for bankruptcy
(DBN)

______________

Student Debt:

Student Loan Watchdog Quits, Says Trump Administration 'Turned Its Back' On Borrowers Timing of student loan watchdog's resignation 'couldn't be worse,' advocates say
(DBN)

______________

 


New Bankruptcy Opinions
(5 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (19 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (2 new filings today)
(DBN)

Seminar: Eye on Bankruptcy - 2018
(DBN)

Bankruptcy Code (html) - Bankruptcy Code (pdf) Prior BK Codes (pick year from list) - Bankruptcy Rules
(large downloads)

UCLA-LoPucki Bankruptcy Research Database
(DBN)

Chapter 11 Bankruptcy Case Studies
(DBN)

Bankruptcy Jobs:

(1) (2) (3) (4) (5) (6) (7) (8)
(DBN)

Seminars - (Contact us to list your seminar)

______________

Bankruptcy Statistics:

Bankruptcy Report Gives Details on 2017 Filers
(DBN)

Insolvency After the 2005 Bankruptcy Reform
(DBN)

Weekly Bankruptcy Claims Trading Activity
(DBN)

______________

Sales:

Delaware Bankruptcy Court Declines to Bind Credit Bidders to the Mast
(DBN)

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Privilege:

When Attys Can Share: 4 Common Interest Rulings To Know
(DBN)

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Plan Confirmation:

Delaware District Court Holds That a $30 Million Haircut Is Not Unfair Discrimination in a Cramdown Plan
(DBN)

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Tax:

The Misunderstood Trust Fund Recovery Penalty
(DBN)

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Litigation:

Longford Capital Strikes $67M Litigation Finance Deal
(DBN)

For the World's Super Rich, Litigation Funding Is the New Black
(DBN)

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Autos:

Bank objects in Reagor Dykes bankruptcy case
(DBN)

'Woohoo!': Tesla board member had an emphatic reaction when Elon Musk announced he no longer wanted to take the company private Elon Musk: Overpromise and Underdeliver
(DBN)

Vehicle Sales Forecast: Sales Around 16.8 Million SAAR in August Global Car Sales Hit Speed Bump as Demand Slows and Trade Tensions Loom
(DBN)

How Trump's NAFTA deal will affect automakers
(DBN)

______________

Mass Torts:

Army to Test 40,000 Homes for Lead
(DBN)

______________

Commodities:

Noble chairman to step down as shareholders back restructuring
(DBN)

Noble comes in for scathing criticism over $3.5bn restructure approval
(DBN)

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Transit:

Why Electric Push Scooters are Taking Over
(DBN)

______________

Marijuana:

‘This is like bitcoin levels’: Pot stocks continue to rip higher
(DBN)

One in seven U.S. adults used marijuana in 2017
(DBN)

______________

Cryptocurrency:

After the bitcoin boom: hard lessons for cryptocurrency investors
(DBN)

Ex-head of defunct bitcoin exchange Mt. Gox disputes U.S. court jurisdiction
(DBN)

______________

UK:

Cut-throat A-level season ‘pushing some universities towards insolvency’
(DBN)

UK unveils raft of new measures to help distressed companies
(DBN)

Unite calls for public inquiry into Carillion collapse
(DBN)

UK Trade Minister Liam Fox says the government does not want a no-deal Brexit Theresa May insists a no-deal Brexit won't be 'the end of the world'
(DBN)

Insolvency Service to tighten up on phoenix firms
(DBN)

Let’s fly away…..
(DBN)

If payday lender Wonga collapses what will it mean for customers?
(DBN)

______________

EU:

Eurozone bank lending expands at 4.1% pace in July
(DBN)

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PIIGS:

The Troika’s Policy in Greece: Rob the Greek people and give the money to private banks, the ECB, the IMF and the dominant States of the Eurozone
(DBN)

Deficit, Debt and EU Defiance: A Guide to Italy's Budget Battles
(DBN)

______________

Canada:

Court approves Connacher Oil & Gas sale
(DBN)

______________

India:

Probe turns up evidence linking Modi’s U.S. companies to alleged fraud
(DBN)

RBI deadline ends: Many power(less) plants may fall into bankruptcy
(DBN)

Why there may be no winners in India's painful bankruptcy process
(DBN)

Deadline to restructure $52 billion loan may push dozens of companies into bankruptcy
(DBN)

SBI Says RBI’s New Framework Won’t Cause A Spurt In Accounts Referred To NCLT
(DBN)

'Govt. opposed RBI in court for first time'
(DBN)

Lenders Can Now Drag Power Sector Defaulters to Bankruptcy Courts. Will the Centre Intervene?
(DBN)

Will The Government Invoke A Rare Provision To Sidestep RBI’s Feb. 12 Circular?
(DBN)

Rising oil prices could take a bite out of India's economy
(DBN)

______________

China:

Housing Agency’s Bankruptcy Exposes Dodgy Rental Practices
(DBN)

Bohai Steel Group Enters Bankruptcy Proceedings Two Years After Its Debt Crisis Erupted
(DBN)

Moral hazard grows in China as only big debtors receive relief
(DBN)

______________

Venezuela:

Venezuela's PDVSA files appeal against Crystallex court ruling
(DBN)

Venezuela's PDVSA Asks U.S. Appellate Court to Block Citgo Sale
(DBN)

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South Africa:

Nearly half of SA's debt from top creditors 'appears reckless'
(DBN)

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Latvia:

Violations found in one fourth of examined insolvency processes
(DBN)

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MENA:

Abraaj's Naqvi Reaches Deal in Bounced Check Case, Lawyer Says
(DBN)

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Australia:

Donald Trump's trade war could cost Australia 60,000 jobs
(DBN)

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