August 29, 2018

The Daily Bankruptcy News

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Law:

The Best Biglaw Firms If You Want To Be Happy At Your Job
(DBN)

Law firm seeks to seize rival’s URL; suit alleges ‘hijacked’ website traffic and content
(DBN)

The Simple Ways Law Firms Can Make Associates Happier
(DBN)

This Law School Is Downright Cheap — Provided You’re A Resident
(DBN)

Awkward or Worse: When Partners Sue Their Firms and Stay on Board
(DBN)

Johnny Depp Scores Big Win in Lawsuit Against Ex-Lawyer Jake Bloom
(DBN)

#SquadGoals: The Key To Surviving As In-House Counsel
(DBN)

BigLaw Partner Denies Exposing Himself In NYC Gym Sauna
(DBN)

You Can Run, But You Can’t Hide From This Attorney
(DBN)

The Biglaw Bill Taking Center Stage At The Second Manafort Trial Justice Department official Bruce Ohr questioned by GOP congressmen Republicans find a new target in fight to discredit Russia probe Manafort's Lawyers Want Venue Change as DC Trial Moves Closer Lanny Davis's walk-back of his bombshell claim to CNN is more complicated than it looks. And experts say it causes Michael Cohen some new problems Cohen's Attorney Keeps Changing His Story Mueller's team kept asking witnesses about Cohen's Trump campaign involvement, even after FBI raid Manafort’s DC Defense Gets Partial One-Week Reprieve Manafort to Learn If Feds Will Add Third Trial to Deepening Woes MI6 Wouldn't Talk to Nunes About Steele Devin Nunes’s Curious Trip to London Manafort’s Defense Hints at Major Strategy Change for Second Trial
(DBN)

U.S. is investigating whether Malaysian fugitive Jho Low laundered funds to pay Chris Christie and other U.S. lawyers U.S. probing whether laundered funds used to pay Chris Christie, Trump lawyer
(DBN)

Don McGahn's coming White House exit
(DBN)

Some Republicans Urge Attorney General to Remain in Job Trump's anger toward Jeff Sessions is said to run deep, and it could mean his days as attorney general are shorter than anyone thinks Trump Talked About Firing Sessions This Month: Report
(DBN)

Trump's lawyers are citing free speech as the reason why Stormy Daniels' defamation suit should be tossed
(DBN)

Harvey Weinstein Wants Appeals Court to Define a "Commercial S-- Act"
(DBN)

DOJ Looking For A New ‘Pardon Attorney’ For Totally Innocent Reasons, Y’all
(DBN)

Trump Lawyer’s Wife Busted In The Back Seat Of Her Maserati With An Inmate: A Metaphor For America
(DBN)

The Army is reinstating dozens of discharged immigrant recruits after falsely labeling them security risks ICE Arrests Over 100 at North Texas Plant
(DBN)

Weinstein Seeks Appellate Review of Order Allowing Trafficking Charges Carlson, Argento Scandals and #metoo
(DBN)

Ex-Texas cop found guilty of murdering black teen faces 99 years in prison
(DBN)

Worldwide gun deaths reach 250,000 yearly; US ranks high
(DBN)

California eliminates cash bail for suspects awaiting trial
(DBN)

'Prison Slavery': Who Benefits From Cheap Inmate Labor?
(DBN)

CO: Cops Blow Up Man's Home, Offered $5,000
(DBN)

Man Kidnapped Grandmother Who Refused to Give Him Money
(DBN)

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Judges:

6th Circuit tosses contempt order for lawyer arrested for missing court; ‘embattled’ judge presided
(DBN)

Trump’s Latest Circuit Nominee Graduated Law School In 2007
(DBN)

The Supreme Court Is in Danger of Losing a Generation of Voters
(DBN)

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Wall Street:

Wall Street set to open higher as US-Canada trade talks resume
(DBN)

S&P 500, Nasdaq finish at records for third straight session as consumer confidence hits 18-year high
(DBN)

Longest Bull Markets Since the 1920s
(DBN)

Chart of shame: The S&P 500 vs. everyone who said the market was about to crash
(DBN)

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Layoffs:

Thomasville, Broyhill workers could their lose jobs if Heritage Home can't find a buyer for the furniture brands
(DBN)

Hospital files for bankruptcy, at least 400 jobs at risk
(DBN)

AT&T Continues Layoffs and Outsourcing
(DBN)

Baxter International to layoff 131 in Medina
(DBN)

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Retailing:

Bankrupt Brookstone lands $35M bid from Authentic Brands
(DBN)

Burned by Toys R Us, will suppliers ever trust a bankrupt retailer again?
(DBN)

Bankruptcy watchdog objects to Chapter 11 plan for Toys 'R' Us units
(DBN)

DSW shares skyrocket after retailer posts blowout earnings
(DBN)

How Sears' dying stores are fueling a new fortune in real estate
(DBN)

The cannibal of Sears
(DBN)

Tiffany’s Sparkly Surge Reflects a Divided Moment in America
(DBN)

Most Bon-Ton properties expected to run out of inventory by Wednesday
(DBN)

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Politics:

Trump accuses Google of rigging search results in favor of ‘bad’ coverage 'We never rank search results to manipulate political sentiment': Google responds to Trump's claim that the company is 'suppressing the voices of conservatives and hiding information' Trump doubles down on slamming Google, saying it's 'taking advantage of a lot of people' — and warns Google, Facebook, and Twitter to 'be careful' Donald Trump is right about Google — but for the wrong reason How Google search results really work Koch group says Trump shouldn't regulate Google
(DBN)

Trump warned Christian leaders of violence if Republicans lose in midterms: NBC News Trump falsely told Christian leaders he revoked a political endorsement law Trump's Warning of Antifa Violence After Midterms Was About 'Scary Black People' Says CNN's Toobin
(DBN)

President Trump Unblocks More Critical Twitter Accounts
(DBN)

Trump reportedly caught the Japanese prime minister off guard during a meeting at the White House by saying 'I remember Pearl Harbor'
(DBN)

Federal Judges Basically Challenge John Roberts To Come Down And Gerrymander North Carolina Himself
(DBN)

James Mattis accepts tactical retreats to retain influence with Donald Trump — but the losses are piling up
(DBN)

Stormy Daniels: ‘Generous’ to say two minutes
(DBN)

Liberal candidate pulls off upset in Democratic primary in Florida, bringing him closer to becoming the state's first black governor Marquee governor’s race in Florida: Trump’s pick facing an unabashed progressive Trump strengthens grip on the GOP as Ron DeSantis triumphs in Florida governor primary
(DBN)

How Sanders and Warren Will Decide Which One Runs for President
(DBN)

Emails Link Former DHS Official To White Nationalists
(DBN)

Diplomacy Cools Between the U.S. and North Korea NKorea Warns Pompeo Talks are 'At Stake'
(DBN)

Mike Pence 'Imagines He's One Day Closer' to Becoming President Every Day, Thanks to Trump and God: Biographer
(DBN)

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Economy:

Consumer confidence reaches highest level since October 2000 Consumer Confidence Index Climbs to Highest Level Since 2000
(DBN)

American Companies Are Raising Prices at a Brisk Pace
(DBN)

Richmond Fed: "Fifth District Manufacturing Firms Reported Strong Growth in August"
(DBN)

Senate votes to confirm Fed vice chair nominee Richard Clarida
(DBN)

Fed GDPNow: Latest forecast: 4.6 percent — August 24, 2018
(DBN)

Mnuchin now praises China for supporting its currency, saying that is not manipulation Cash is a ‘very good place’ if trade tensions persist, Stephen Roach warns Trump's favorite trade measure got worse in the first full month of the trade war The trade war won't cause any 'major' hit to China's economy, Morgan Stanley says Europe will be the big loser in US trade war with China, economist warns US energy companies fume over rejected steel tariff exemptions How U.S. Soybeans Can Skirt Trade-War Tariffs to End Up in China How Special Interests Hide the True Costs of Tariffs Minnesota's small businesses take big hit from China tariffs
(DBN)

US Goods Trade Deficit Rises as Exports Fall
(DBN)

Mnuchin hopeful a trade deal with Canada will get done, but prepared to 'move forward with Mexico' Please do not say Trump made 'deal' on NAFTA Mexico hands Trump a partial victory in proposed trade deal U.S., Canada Launch Talks Amid Pressure to Rewrite NAFTA Trump's NAFTA Stunt Canada rejoins NAFTA talks as US autos tariff details emerge 'Smoke and mirrors': Why the U.S. is on shaky ground when it comes to threatening Canada on NAFTA US Sells More Milk to Canada Than It Buys Sorry. Ending NAFTA Won't be Easy NAFTA 2.0: Impact of potential trade deal Trump’s New NAFTA May Leave His Job and Deficit Pledges Unfulfilled
(DBN)

Despite strength of U.S. economy, many Americans struggling to get by
(DBN)

New Fed paper: 'The consequences of higher temperatures on the US economy may be more widespread than previously thought'
(DBN)

Here’s how much money Americans have saved at every age
(DBN)

Elizabeth Warren's Definition of Capitalism
(DBN)

Nearly half of California's gig economy workers struggling with poverty
(DBN)

Treasury Secretary Steve Mnuchin doubled down on a claim about the tax bill that almost every independent group says is wrong
(DBN)

The 60 events that could rattle stock markets and investors in the months ahead: Nomura
(DBN)

Why Tax Cuts Mean Higher Prices for Us
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

Case-Shiller: National House Price Index increased 6.2% year-over-year in June
(DBN)

Freddie Mac: Mortgage Serious Delinquency Rate Decreased in July
(DBN)

Zillow Case-Shiller Forecast: Slower House Price Gains in July
(DBN)

The top city for young professionals who want to make more money, live cheaply, and have fun in 2018 is in South Dakota
(DBN)

The Trump tax cuts were supposed to depress housing prices. They haven’t
(DBN)

Seattle dethroned as nation’s hottest housing market after nearly two years
(DBN)

‘The hole was too deep’: Receiver says American Equity Mortgage is no more
(DBN)

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Municipalities:

More Cautionary Tales in Puerto Rico’s Restructuring
(DBN)

Hurricane Maria killed nearly 3,000 people in Puerto Rico: Study A Year After Hurricane Maria, Puerto Rico Finally Knows How Many People Died White House defends Hurricane Maria response as death toll rises to nearly 3,000
(DBN)

Michigan emergency manager program may not survive the mess it made in Flint
(DBN)

NBA Owner Dan Gilbert Is Burning Tax Dollars To Save Cleveland And Detroit
(DBN)

Chicago's Risky Bid to Dig Itself Out From Massive Pension Debts Is Chicago’s $10 Billion Pension Bond Sale Decision the Answer?
(DBN)

Colorado’s debt-laden metro districts need a dose of sunshine
(DBN)

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Oil/Gas:

PennEnergy offers $600M for bankrupt shale driller Rex Energy
(DBN)

OPEC Cut Oil Production 9% More Than Agreed
(DBN)

California poised to mandate carbon-free electricity generation by 2045
(DBN)

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Personal Finance:

Paying down debt vs. saving money, explained in plain English
(DBN)

A bride canceled her wedding because her guests wouldn't pay her $1,500 to attend — and people are in disbelief
(DBN)

This is the social media network most likely to incriminate you
(DBN)

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Autos:

Car Sales are Slowing for First Time in 8 Years
(DBN)

Elon Musk was right to drop his bungled plan to take Tesla private Tesla Privatization Was Just a Distraction
(DBN)

Elon Musk reignites 'pedo guy' controversy, says it's 'strange' cave diver hasn't sued him
(DBN)

Tesla Owner Forced to Fix His Own Car
(DBN)

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Student Debt:

The Corruption of Our Student Debt Policies
(DBN)

IRS ruling allows 401(k) student loan benefits
(DBN)

Why So Many Students Aren't Receiving Loan Forgiveness
(DBN)

Stories Of Student Debt, And The Trouble With Public Service Loan Forgiveness
(DBN)

How U.S. Education Has Become 'A Debt Sentence' Chart: How U.S. Education Became A "Debt Sentence"
(DBN)

‘Family Feud’-style game show wants to pay off your student loans
(DBN)

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Cryptocurrency:

Founder of Mt. Gox Bitcoin Exchange Mark Karpeles Disputes Lawsuit Filed in Illinois
(DBN)

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Religion:

Pope Francis silent on Catholic Church scandal amid calls for his resignation Catholics lash out at church leaders with their wallets Vatican knew of Pennsylvania abuse cover-up, prosecutor says US cardinals defend themselves over cover-up storm Who is Carlo Maria Vigano, the man accusing Pope Francis of covering up abuse? Vatican clarifies Pope Francis comments on psychiatric help for gay children "Secret archives" on clergy abuse were shared with Vatican, Pa. AG says First lawsuit filed stemming from Pa. report on Catholic clergy abuse Pope reportedly has no intention of resigning
(DBN)

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New Bankruptcy Opinions
(6 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (13 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (3 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)

Chapter 11 Bankruptcy Case Studies
(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:

Senior Citizens Going Bankrupt at Twice the Rate They Used to
(DBN)

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Standing:

"I Say You Are No Longer A Board"
(DBN)

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Mediation:

Mediation Confidentiality: Limits on Waiving It
(DBN)

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Avoidance Actions:

Eleventh Circuit Holds That New Value Need Not Remain Unpaid for Section 547(c)(4) Defense to Apply in Preference Actions
(DBN)

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Leases:

Lease Termination Disputes and Bankruptcy
(DBN)

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Releases:

Third Circuit Enforces Plan Releases Against Later-Purchasing Shareholders Bringing Claims Concerning Post-Confirmation Conduct
(DBN)

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Customs:

The Intersection of Customs Duties and Bankruptcy
(DBN)

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Ch. 12:

Canceling the Milk Man: A Creditor’s Guide to Navigating Chapter 12 Filings
(DBN)

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Compensation:

A little-known contract clause on the rise in major companies enables employers to take back money they've already paid their execs
(DBN)

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Healthcare:

Amory hospital, parent company files for bankruptcy protection
(DBN)

Gilmore Parent Company Files Bankruptcy
(DBN)

Mississippi hospitals and owner seek bankruptcy, to be sold
(DBN)

Tennessee health system files for bankruptcy , says it owes CHS $28M
(DBN)

70% of Americans now support Medicare-for-all—here's how single-payer could affect you
(DBN)

Pre-existing conditions as a political hammer
(DBN)

The uninsured rate remains plateaued
(DBN)

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Climate:

Instances of California wildfires could surge 50% by 2050, report finds
(DBN)

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Electricity:

PG&E could get bankruptcy ‘stress test’ in wildfire legislation
(DBN)

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Coal:

EPA Head: New Coal Plants Level Playing Field
(DBN)

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Entertainment:

Global Road to Cut Staff After Studio Seized by Creditors
(DBN)

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Nuclear:

Nuclear plant bonus plan gets a grilling in bankruptcy court
(DBN)

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UK:

NW insolvency practitioners welcome government clamp down
(DBN)

Corporate insolvency and corporate governance reforms: long-awaited government announcement offers opportunity for improvement
(DBN)

Judge overturns bankruptcy order that serves "no useful purpose"
(DBN)

Deadline for Brexit talks is being pushed back, again
(DBN)

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India:

Insolvency regulator IBBI levies penalty on EY partner
(DBN)

Banks fear more losses as stressed power assets are set to hit bankruptcy courts in 15 days Banks treating RBI’s 15-day window as grace period on NPAs
(DBN)

Boeing to return $200 million to debt-ridden Jet Airways
(DBN)

Electrosteel Steels Insolvency Fallout: Exchanges Grapple With Price Distortion
(DBN)

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South Africa:

SA Rugby almost bankrupt , records loss of R62 million in 2017
(DBN)

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Venezuela:

Brazil sent armed guards to the Venezuelan border as thousands flee from economic crisis A Border Crisis of Epic Proportions Venezuelans Trapped in Brazilian Backwater Face Riots and Violence
(DBN)

In Venezuela, The Only Way to Cheap Gas Is Through Big Brother
(DBN)

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China:

In China , less than 20% defaulted bonds have been paid back
(DBN)

As Trade Tensions Rise, Fewer Americans See China Favorably
(DBN)

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