February 15, 2018

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Name partner's son admits to embezzling $827,000 from Pittsburgh bankruptcy law firm
(DBN)

Why Are Law Firms Growing So Slowly? The Answer May Be Fairly Straightforward
(DBN)

The Brands That Are Ready To Eat Biglaw’s Lunch
(DBN)

Gibson Dunn Posts Record Revenue and Income, Slight Drop in Partner Profits
(DBN)

MoFo Delivers Record Year for Revenue, Partner Profits
(DBN)

Women Still Don't Get Credit for Speaking Up
(DBN)

Judge rules in battle of law firms using same initials in their names
(DBN)

Top ICE lawyer charged with stealing immigrants' identities ICE Lawyer Finds A Way To Profit Off Of ICE Detainees
(DBN)

Institute For The Future Of Law Practice Steps In Where Law Schools Struggle
(DBN)

P--- star now attends top law school
(DBN)

Law Professor Proposes Bringing Back Indentured Servitude
(DBN)

How Many Hours Do You Bill For Valentine’s Day?
(DBN)

Law’s cut-throat ‘sink or swim’ culture has been laid bare in a string of recent disciplinary cases
(DBN)

alt.legal: The Stickiness Of Biglaw Prestige, And The Disruptive Potential Of Technology (Part I)
(DBN)

Rawle & Henderson Fired Worker Claiming Harassment: Suit Pence criticizes White House handling of Rob Porter scandal Trump: 'I am totally opposed to domestic violence of any kind' House panel launches probe of Rob Porter domestic abuse scandal as White House story keeps shifting Trump has no choice. He has to fire Kelly to save himself Shaun White finds Olympic redemption isn't so easy with #MeToo Shaun White's Harassment Case Guess Who Also Thinks Powerful Men Accused of Misconduct Should Get ‘Due Process’? Teacher alleges #MeToo harassment by students US law officers seek to end forced arbitrations in workplace harassment The #MeToo moments on the campaign trail Doctors Without Borders fires 19 over misconduct
(DBN)

House Russia investigation has 'abundance' of evidence against Trump, says top Democrat Schiff Complains, Too Many Demands on Memo Trump asked the White House counsel to help convince Comey to publicly exonerate him
(DBN)

Trump’s Lawyer Paid Stormy Daniels Himself, Won’t Say Why Trump's lawyer Michael Cohen has left open the possibility that Trump reimbursed him for the $130,000 p--- star payment Trump attorney’s statement that he paid Stormy Daniels $130K raises ethics questions “I Will Always Protect Mr. Trump”: Trump’s Attorney Claims Payment Was His Own Money, Not Trump’s or the Campaign’s Money Would Every Lawyer Who’s Paid $130,000 Out Of Their Own Pocket To Silence Their Client’s P***-Star Girlfriend, Please Raise Your Hand? Michael Cohen: YOU HAD ONE JOB! But Now, Stormy Thinks She Can Tell Her Story Michael Cohen's Payment Just Left Trump Open to Criminal Charges Trump’s Lawyer Says Payment was to Protect Him, But From Who? Here’s Why it Matters Trump Lawyer's Admission Doesn't Fix Things
(DBN)

Questions are swirling over Melania Trump's parents' immigration status
(DBN)

17 dead in Florida high school shooting, Broward County Sheriff says What happened inside Marjory Stoneman Douglas High School Here's what we know about Nikolas Cruz, the suspected 19-year-old gunman in the Florida high school shooting Florida high school gunman was reportedly equipped with smoke grenades, tried blending in with students during escape 'If I don't make it I love you': Students, teachers sent harrowing text messages during the Florida school shooting The FBI Was Warned About A School Shooting Threat From A YouTube User Named Nikolas Cruz In September Florida School Shooting Suspect Nikolas Cruz Was ‘Creepy and Weird,’ Survivors Say Parkland Florida and the deadliest shootings in US history all have one thing in common — the AR-15 American terror: 1 gun takes 17 lives Why the AR-15 keeps appearing at America's deadliest mass shootings More Guns Do Not Stop More Crimes 'Everyone predicted it': Students 'joked' that Nikolas Cruz would shoot up the Florida high school The Florida shooting suspect posted a chilling selfie with a toy gun on his 'disturbing' Instagram account The NRA deleted a post encouraging people to buy guns for Valentines Day after Florida school shooting More security measures won’t stop mass shootings in schools 18 school shootings in 45 days — Florida massacre is one of many tragedies in 2018 The national epidemic of school shootings Newtown to 2018: 239 School Shootings
(DBN)

Arrests are a possibility for two defense lawyers who quit USS Cole case over classified issue
(DBN)

Predicting The Next Trend: Support Animals For Lawyers
(DBN)

Fed Judge Forces Trump Admin. to Follow Obama’s Playbook on ‘Dreamers’
(DBN)

Suspect in Girlfriend's Murder Accidentally Texted Detective About Fears of Arrest, Say Deputies
(DBN)

Teacher Charged with Child Abuse After Forcing Student to Stand for Pledge of Allegiance
(DBN)

Ex-Simpson Thacher Clerk to Get New Insider Trading Sentence
(DBN)

Woman Who Wanted Speed Bumps in Neighborhood Claims Mayor Offered Them for S--
(DBN)

More people want to date lawyers than any other profession
(DBN)

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Judges:

BK NM Moving
(DBN)

Rulings make judges legislative targets; impeachment bid in Pennsylvania Judges Say Throw Out the Map. Lawmakers Say Throw Out the Judges.
(DBN)

Lawyer Uses Her Harrowing Story Of Assault To Advocate For Judiciary Changes
(DBN)

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Wall Street:

Cisco’s post-earnings cheer kickstarts Dow, on track for 5th win in a row Stocks are ready to rally for a fifth straight session, shrugging off inflation jitters
(DBN)

European stocks charge higher as Airbus, commodity shares advance
(DBN)

Stock market reacts to latest inflation report Rising inflation rekindles a big market fear from the 1970s U.S. stock market battles to shake off morning jolt from inflation data Dow surges 253 points, posts 4-day winning streak
(DBN)

The market's fear index just gave the green light to this comeback
(DBN)

Is VIX Manipulated or Hedged?
(DBN)

Researchers say insider trading is pervasive
(DBN)

Wall Street needs to brace for an even bigger inflation scare
(DBN)

Albert Edwards: There's a hidden risk that could accelerate the collapse of the market's long-running 'financial Ponzi scheme'
(DBN)

This is what happens when Skynet from ‘Terminator’ takes over the stock market
(DBN)

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Layoffs:

852 layoffs announced at Toledo Assembly Complex & supplier KUKA
(DBN)

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Healthcare:

Idaho insurer unveils plans that don't comply with the ACA
(DBN)

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Banking:

Wells Fargo faces grilling from Sen. Elizabeth Warren on bungled fee refunds
(DBN)

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Personal Finance:

More reasons to hate Valentine’s Day — all the ways being single costs you a fortune
(DBN)

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Entertainment:

Weinstein Co. Chaos: Bankruptcy May Be the Best Option Now
(DBN)

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Religion:

Megachurch Pastor William Curtis Draws Criticism Over $230K Bentley
(DBN)

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Weddings:

Millennials have a new attitude about weddings — and it's sending bridal stores into a downward spiral
(DBN)

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Aviation:

Look for carriers to continue a pattern of adding too much capacity, leading to fare wars and bankruptcies
(DBN)

PenAir asks for more money to keep operating
(DBN)

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Maritime:

Ocean carriers hit by costlier fuel, now face spike in charter hire rates
(DBN)

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Economy:

Consumer prices jump much more than forecast, sparking inflation fears US 10-year yield jumps to new 4-year high of 2.91% after hot inflation report JP Morgan slashes GDP estimate to 2.5% after 'hotter than Hades' inflation report Key Measures Show Inflation Increased in January
(DBN)

Inflation Takes Big Toll on Americans’ Pay
(DBN)

CPI has market locking in March rate hike and moving toward 4 Fed hikes this year
(DBN)

Goldman’s Lloyd Blankfein: ‘The odds of a bad outcome have gone up’
(DBN)

Economy and Deficits Are Soaring. Not Good
(DBN)

U.S. retail sales slump in January, and update erases December’s gain
(DBN)

After months of deep discounts, apparel prices spike the most in 3 decades
(DBN)

The president's budget conflicts with his own promises, with the wishes of Congress and with legislation he has signed into law 17 Items from Trump Budget GOP Senator: The Trump Budget Abandons Conservative Values Congress isn’t the real audience for the White House budget proposal
(DBN)

Economists rip Trump's spending spree as 'foolhardy,' 'ludicrous,' and 'the dumbest'
(DBN)

U.S. to block tax-law loophole on ‘carried interest,’ Mnuchin says IRS to Ban Hedge-Fund Tax Dodge on Carried Interest The Wall Street Journal Guide to the New Tax Law New Tax Law Haunts Companies That Did Inversion Deals
(DBN)

Seniors will pay the price for Trump’s Medicare cuts
(DBN)

Investing for retirement: a long-term game many workers aren’t even playing
(DBN)

70% of fund managers see danger ahead—the highest percentage since the financial crisis
(DBN)

Infrastructure Plan: Assault on Environment Trump reportedly endorses 25-cent hike in gas tax to pay for infrastructure plan
(DBN)

How Trump's Steel Tariffs Will Impact Jobs
(DBN)

Amazon passes Microsoft to become the third largest U.S. company
(DBN)

It's Official: Most Americans Are Currently in Debt
(DBN)

The Real Cause of the Opioid Crisis
(DBN)

Pence Erroneously Claims Black Unemployment Still at Record Low
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

Total mortgage apps down 4.1% for the week
(DBN)

Fannie Mae to turn to taxpayers after $6.5 billion loss
(DBN)

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Municipalities:

Finance Committee Warns Park Hills It Could Become Insolvent
(DBN)

Puerto Rico Bonds Stage Record Rally as Surplus Projected
(DBN)

Creditors cry foul on Puerto Rico's latest fiscal plan
(DBN)

Puerto Rico Senator: Let's Accept Our Own Bonds as Collateral
(DBN)

Puerto Rico Utility Creditors Unveil $534M Loan Offer
(DBN)

Puerto Rico's Creditors Unite To Call For A Credible, Pro-Growth Fiscal Plan
(DBN)

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Oil/Gas:

Rex Energy Considering Bankruptcy as Talks with Lenders Continue
(DBN)

Uresti co-defendant returns to the stand
(DBN)

Oil prices add to gains after best day in months
(DBN)

Want to Hit It Big in Oil? Get Fired by This Troubled Company
(DBN)

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Currency:

Bitcoin rises 9% to 10-day high above $9,000
(DBN)

Out of 250,000 cryptocurrency traders, less than 100 paid taxes, according to survey
(DBN)

Litecoin Nearly Doubles Its Value in Under 2 Weeks
(DBN)

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Healthcare:

We're about to get the clearest picture yet on how far Trump will go to wreck Obamacare
(DBN)

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Non-Profits:

West Virginia High Technology Park ends bankruptcy case
(DBN)

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Guns:

Remington attorney declines to say if bankruptcy would put rifle settlement at risk
(DBN)

Will Remington's Bankruptcy Impact Vista Outdoor, Ruger And American Outdoor Brands?
(DBN)

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Holidays:

Countries across the world condemn Valentine's Day
(DBN)

The Gory Origins of Valentine's Day
(DBN)

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Autos:

GST AutoLeather Receives Court Approval Of Sale
(DBN)

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Gambling:

Soros Emerges From Caesars Casino Bankruptcy With 4.9% Holding
(DBN)

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Hedge Funds:

How a 6,000% profit on a single trade saved a small hedge fund from disaster
(DBN)

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Corporate Reform:

Trump Administration Drops Case Against Lender Charging Up To 950 Percent Interest
(DBN)

The Payday Loan Industry is Indefensible
(DBN)

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Awards:

Katz Named ‘Distressed M&A Dealmaker of the Year’
(DBN)

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Solar:

What's driving America's solar boom
(DBN)

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Newspapers:

Herald bidding jumped by millions
(DBN)

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Education:

How to spot a predatory for-profit college
(DBN)

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New Bankruptcy Opinions
(7 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (24 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (6 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:

BK MN: Updated Filing Statistics
(DBN)

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Bankruptcy Policy:

The Bankruptcy Partition
(DBN)

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Consumer Bankruptcy:

National Consumer Bankruptcy Law Firm Sanctioned for Harming Financially Distressed Consumers and Auto Lenders
(DBN)

Upright Law, ‘Partners’ Sanctioned for Unauthorized Law Practice
(DBN)

Wacky Warehouse Lien Scam
(DBN)

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Miscellaneous:

Latest Issue: AIRA Journal
(DBN)

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Student Debt:

Inside one state’s effort to help borrowers erase their student debt in bankruptcy
(DBN)

Don’t Count On A Government Student Loans Bailout
(DBN)

A Debt-Free Alternative to Student Loans
(DBN)

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Discharge:

Nondischarge for Fraud and the Like: Going After the Debtor May be Harder Than You Would Expect
(DBN)

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Settlements:

Beware of Putting an Unenforceable Penalty into Your Settlement Agreement
(DBN)

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Politics:

Read Gowdy's letters to FBI Director Wray and John Kelly seeking answers in the Porter abuse probe The Battle to Replace John Kelly
(DBN)

A poll just gave Republicans some good news for the 2018 midterm elections
(DBN)

Obama’s First Retrospective Job Approval Rating Is 63%
(DBN)

Kushner’s Debt Soared, Ivanka’s Financial Form Shows
(DBN)

Trump Won't Accept What Spy Chiefs Say
(DBN)

The Precedent for Trump is Clinton, Not Nixon
(DBN)

Trump's Vow to Hire the 'Best People' Isn't Panning Out Disarray in the Trump White House? It was worse than you know, Reince Priebus says
(DBN)

More than 130 White House officials lacked permanent security clearances as of November
(DBN)

Three Explanations for Trump’s Rising Popularity
(DBN)

Trump’s Top Science Advisor, Age 31, Has a Political Science Degree
(DBN)

Mulvaney: Military parade would cost up to $30 million
(DBN)

Pence: Americans "can be confident" in 2016 election results Pence said U.S. intel ruled out Russian election impact. They haven’t.
(DBN)

Bipartisan Senate group says they're close to an immigration deal
(DBN)

Mitt Romney to announce Senate run Thursday Romney's Trump feud looms over Utah Senate race
(DBN)

Warren addresses claims of Native American heritage Warren Rips President Trump, Celebrates Pocahontas
(DBN)

Stormy Daniels tells friends she’s ‘free to talk’ after Michael Cohen breached their contract
(DBN)

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Travel:

Raging woman kicked off Delta Air Lines flight after throwing a tantrum when she was sat next to a mum and baby
(DBN)

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Healthcare:

America's $3.5 trillion health care system
(DBN)

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Retailing:

Retail Sales Decreased Slightly in January
(DBN)

How Much Pain Will the Bon-Ton Bankruptcy Cause for the Mall Sector?
(DBN)

20 things that have disappeared as malls across America have died
(DBN)

What Will Retailers Do With Billions in Corporate Tax Savings?
(DBN)

Steinhoff International: a trail of numbers ending in zero
(DBN)

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UK:

Clifford Chance Buys Legal Services Arm of Bankrupt British Company Sixty paralegals to join Clifford Chance as firm snaps up Carillion’s low-cost legal hub in Newcastle
(DBN)

Ireland will be worse off in every Brexit scenario, according to its own impact assessment
(DBN)

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PIIGS:

Bill Rhodes Warns of Possible Italian Exit From EU After Election
(DBN)

Debt Collectors Are Wearing New Hats in Spain
(DBN)

Italy’s Recovery Has a Bitter Aftertaste
(DBN)

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India:

RBI's Rules To Push Another Rs 1.5 Lakh Cr Loans Into Insolvency
(DBN)

For India's banks, the worst of their bad-loan woes may be yet to come
(DBN)

$1.8 Billion Fraud May Spread From One of India’s Biggest Banks
(DBN)

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South Korea:

A Canadian Olympic gold medal-winning figure skater has rescued 2 dogs from being eaten in South Korea
(DBN)

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Germany:

German Court rejects the “bow wave theory” (“Bugwellentheorie”) in test for company illiquidity
(DBN)

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MENA:

Dana Gas $700mln sukuk holders say they expect full repayment
(DBN)

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Venezuela:

Strip, Swap, Restructure
(DBN)

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