February 22, 2018

The Daily Bankruptcy News

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Law:

Boies Schiller Bonuses Appear To Underperform Market, But Not Everyone Notices
(DBN)

Holland & Knight Adds Bankruptcy Litigator in Houston
(DBN)

Only 23% of law school grads say their education was worth the cost
(DBN)

LSAT Test-Takers Surge 29.7% In December; 19.2% Yearly Rise Would Be Highest In 16 Years
(DBN)

PwC eyes global expansion of flexi-lawyering service as 1,000 sign up since launch
(DBN)

Hunton & Williams joins forces with Andrews Kurth
(DBN)

Law Firm Recruitment Activity Steady, But Summer Programs Shrink
(DBN)

Mergers & Alliances: Proceed with Caution
(DBN)

When Should You Call Outside Counsel?
(DBN)

Law Firms Should Provide Student Loan Assistance To Their Associates
(DBN)

How Blockchain Technology Is Transforming the Legal Industry
(DBN)

Baker McKenzie brings in Simmons for review of firm's response to assault claim
(DBN)

Revenue Gains Propel Mayer Brown Past Pre-Recession Record
(DBN)

NKU law dean who resigned amid harassment complaints set to return in fall as a professor Law Dean Resigns After Harassment Allegations, But Will Be Back As Highest Paid Professor
(DBN)

Convicted Shkreli lawyer Evan Greebel says Catholic juror was bullied into ‘guilty’ vote Former Biglaw Partner Challenges Conviction Alleging Jury Misconduct
(DBN)

Quinn Emanuel leader suggests poem about ingratitude would be appropriate for departing partner
(DBN)

Law School Was Largely About My Eating Disorders
(DBN)

Stop Playing It Safe: Just Screw It & Start Your Own Law Firm
(DBN)

Thousands of students across the US are walking out of their schools to protest gun violence and push for change Class walkouts spread TX District To Suspend Kids Who Leave To Protest Is It Legal for Schools to Punish Students Over Walkouts? ‘These kids hate America’: Fox News fans spit venom at Parkland massacre survivors’ speeches The shooting victim conspiracy theory that won't end: 'Enough is enough' Florida Victim's Father Reads Heartbreaking Poem Mom: Why Isn't Life Protected Like Your Guns? How the internet's conspiracy theorists turned Parkland students into 'crisis actors' YouTube Promoted Video Fueling Parkland Shooting Conspiracy The conspiracy theory around one of the Florida school shooting survivors is getting even more insane Trump Hosts Listening Session with Students The Boys Are Not All Right Video and radio problems added to chaos during Parkland shooting The Mental Health System Can’t Stop Mass Shooters The Florida shooting suspect appears poised to inherit an $800,000 trust fund from his dead adoptive parents Rubio’s response called ‘pathetically weak’ by father of shooting victim Parkland survivor to Rubio: Will you stop accepting NRA donations? Rubio takes new gun control positions in intense town hall Ali Velshi rips apart Parkland ‘secret earpiece’ conspiracy theory: ‘I’m wearing one right now’ It doesn't really matter what Trump thinks of gun control Trump’s compromises on guns, explained Parents and Students Plead With Trump: 'How Many Children Have to Get Shot?' Trump on ending gun violence: "We're going to get it done" Trump vows to be ‘very strong’ on background checks, suggests arming teachers Trump: "ATTACKS WOULD END" with "highly trained" armed teachers Teacher's Union: Arming Teachers a Bad Idea ‘There’s Some Other Way’: Governor Comes Out Against Plan to Arm School Teachers Trump’s notes at gun-violence meeting include reminder: ‘I hear you’ Trump is 'open' to banning all guns for some people Trump contradicts an earlier claim he made about concealed carry during listening session with shooting survivors Trump can defy the NRA and toughen gun rules because he's 'the only game in town' Congressional Efforts To Ban Bump Stocks Stall
(DBN)

New sealed filing in Manafort and Gates case Special counsel files new charging document in Manafort case; bail filing alleges bank fraud Paul Manafort and Rick Gates are reportedly facing new charges Mueller is reportedly investigating whether Manafort promised a wealthy banker a spot in Trump's Cabinet in exchange for $16 million Paul Manafort got $16 million in loans after the election. Mueller finds that very interesting Donald Trump's oldest son admitted a decade ago that a lot of the family's assets come from Russia Mueller's Crackdown Has Been on Lobbyists, not Russia Trump Again Presses Jeff Sessions Over Russia Probe Attorney general in hot seat again after new Trump tweet Even Without Collusion, Serious Threats Remain For Trump In The Russian Investigation
(DBN)

Ford's North America president exits amid allegations of misconduct Another Disney Exec Accused of Misconduct Weinstein uses quotes from female celebrities in his defense Trump Accuser: He Should be Scared Fmr NY Times Editor Calls For Clarence Thomas Impeachment Over Groping Allegation
(DBN)

Melania Trump's parents likely relied on "chain migration" to get green cards
(DBN)

Could Brendan Dassey Soon Be Freed?
(DBN)

South Carolina 'Personhood Act' That Could Ban Abortions Aims to Overturn Roe v. Wade
(DBN)

SCOTUS Rules Against Wall St. Whistleblowers Whistleblowers aren’t protected by Dodd-Frank absent SEC complaint, Supreme Court rules U.S. Supreme Court Adopts Narrow View of Who Can Rely on Dodd-Frank Act’s Anti-Retaliation Protections
(DBN)

A stalled elevator leads to love in lawyer’s best-selling romance novel
(DBN)

Police: Pittsburgh Lawyer S------- Abused Dog Multiple Times
(DBN)

TD Bank Not on Hook For Lawyer’s Embezzlement
(DBN)

Murder Charge Filed After Nurses Seen Apparently Laughing over Dying Veteran
(DBN)

Second Toddler Enjoys Lawyer-Themed Birthday Party
(DBN)

Lawyer’s widow argues she should be spared drink driving ban because her driveway is too long to walk down
(DBN)

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Judges:

Boise attorney Joe Meier named US Bankruptcy Court judge Court of Appeals Appoints New Bankruptcy Judge for the District of Idaho
(DBN)

BK ND CA Appoints Temporary Chief Judge
(DBN)

Flatley to be Inducted into American College of Bankruptcy
(DBN)

GOP Figures Back Impeachment for Judges Who Redrew PA Congressional Map
(DBN)

Judiciary Workplace Conduct Group Seeks Law Clerk, Employee Input Federal Judiciary Asks Clerks To Weigh In On Preventing Sexual Harassment
(DBN)

Judge Gets 5 Years for Trading Dismissals for N--- Photos
(DBN)

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Wall Street:

Dow set to fall again, as Fed-driven jitters persist Stock futures erase losses as Wall Street shakes off fears of higher rates
(DBN)

Dow reverses course, closing 167 points lower Stock-market rally vaporizes as 10-year yield climbs to 2.95%, dollar strengthens Dow gives up 300-point gain to end lower as bond yields rise after Fed minutes Rising bond yields stomp out stock rally after Fed report confuses market Here's how traders talked themselves into a sell-off
(DBN)

The implosion of a wildly popular trade was actually a good thing, Morgan Stanley's US equity chief says
(DBN)

Too Few Stocks Rebounding From Rout for Chart Gurus to Calm Down
(DBN)

This hidden factor may have exacerbated the recent stock selloff
(DBN)

Investors who believe in a free lunch are about to get a very expensive bill
(DBN)

Inflation Is a Bigger Danger to Stocks Than Rising Rates
(DBN)

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Layoffs:

ArcelorMittal laying off 125 people at Montgomery County plant
(DBN)

We tested out this hotel robot (and it wasn't totally competent)
(DBN)

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Personal Finance:

The idiot’s guide to what NOT to do on a job interview
(DBN)

Single fathers are twice more likely to die early than single mothers or partnered fathers
(DBN)

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Travel:

The Two Words That Will Help Get an Airline Upgrade Over the Phone
(DBN)

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Food/Beverage:

NY supermarket chain Tops files bankruptcy, cites debt and Amazon Tops Holding II Corporation After bankruptcy, Tops says most debt will go away Employees watching carefully as Tops files for Chapter 11 bankruptcy Tops hopes bankruptcy filing will help it compete Tops Bankruptcy: What will change? Analyst: What Tops Friendly Markets Chapter 11 bankruptcy means for shoppers, employees Who owns Tops? Its management team Heavy debt could topple Tops Markets Tops seeks to reassure vendors, creditors it's 'business as usual' First Day Dec
(DBN)

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Guitars:

Gibson CEO, bondholders said to be fighting for control of company Gibson Guitar Has 150 Days Until Bankruptcy — and a Brewing Internal War
(DBN)

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Guns:

Sturm Ruger says gun sales plunged
(DBN)

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Coal:

Coal country shouldn't count on a Trump-fueled comeback
(DBN)

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Healthcare:

Study reveals financial pain after hospitalization
(DBN)

The Myth of What's Driving the Opioid Crisis The worst addiction epidemic in U.S. history
(DBN)

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Bicycles:

New suitor steps forward in Niner bankruptcy
(DBN)

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Economy:

FOMC Minutes: "Labor market continued to strengthen and that economic activity expanded at a solid rate" Inside the Fed’s January Meeting: The Annotated Minutes Fed minutes: Only 'a couple' were worried about the economy overheating 30-year Treasury bond yield hits highest since 2015 as Fed highlights inflation risk Fed minutes: Stronger outlook increases the chance for more rate hikes Fed minutes: All signs pointing to more rate hikes ahead
(DBN)

Fed's Bullard warns that too many rate hikes this year could slow the economy too much
(DBN)

Fed's Quarles pushes for gradual rate hikes, review of crisis-era bank regulations
(DBN)

Goldman Sachs sees a greater than 95% chance of a Fed rate hike in March
(DBN)

Bridgewater's Dalio sees a 70% chance of a US recession before 2020
(DBN)

Trump says his economic policies will get U.S. to 3% growth Trump's top economic advisor sees 3 percent GDP growth, with debt increasing near term
(DBN)

Companies announced $173 billion in stock buybacks so far this year Now we know where the tax cut is going: Share buybacks
(DBN)

Tax overhaul will lead to as many ratings downgrades as upgrades, says S&P
(DBN)

This Florida City Shows How Trump Tax Cuts May Buoy Republicans
(DBN)

Poll: most Americans aren’t noticing a tax cut in their paychecks Disney workers accuse company of withholding their tax-cut bonuses
(DBN)

1 in 5 Americans have more credit-card debt than savings
(DBN)

Trump's newest trade idea could make your beer more expensive
(DBN)

The Fight for Paid Sick Leave Moves South
(DBN)

Trump’s team releases economic report, compares him to Reagan and Kennedy
(DBN)

What It Would Actually Take to Fund Infrastructure Roads to nowhere: how infrastructure built on American inequality Kochs Want to Kill Gas Tax Increase White House Report: No New Gasoline Taxes
(DBN)

Truckers Wanted in U.S.
(DBN)

Small-Business Sentiment Is No Help to Investors
(DBN)

Honeywell CEO earns 333 times more than average worker at the company Companies brace for blowback as CEO-to-worker pay ratios are revealed
(DBN)

A Strong U.S. Economy Can Be Tough on Immigrants
(DBN)

Immigration Curbs Will Weaken Social Security
(DBN)

Trump’s economic vision ignores immigrants, but it will need their labor
(DBN)

The Supreme Court Case That Could Devastate Unions
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

NAR: "Existing-Home Sales Slip 3.2 Percent in January" A Few Comments on January Existing Home Sales
(DBN)

AIA: "Architecture billings continue growth into 2018"
(DBN)

Homeownership is increasingly for the wealthy
(DBN)

Home sales, supply down as rates continue rising
(DBN)

New budget law includes last-minute tax relief for millions of homeowners
(DBN)

Recoup From A Ponzi Past?
(DBN)

These metros saw the most homebuilding activity in 2017
(DBN)

Autonomous Cars Are About To Transform The Suburbs
(DBN)

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Municipalities:

Reports of suicide attempts skyrocket in Puerto Rico
(DBN)

House panel sets Feb 28 hearing on Puerto Rico's power restoration
(DBN)

In Puerto Rico, a skirmish over how much debt the bankrupt island can handle
(DBN)

Judge lifts stay on litigation against Puerto Rico for 25 cases
(DBN)

Missouri Hospital Becomes Second Municipal Bankruptcy of 2018
(DBN)

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Oil/Gas:

API says U.S. oil inventories fell: reports
(DBN)

Abandoned oil wells could drain Alberta taxpayers
(DBN)

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Politics:

GOP Senator Says Trump Is Ready to Start War With North Korea, Which Would Be “One of the Worst Catastrophic Events in History”
(DBN)

Boies-Led Coalition Challenges "Winner-Take-All" Method of Electoral College
(DBN)

Trump Rated Best on Terrorism, the Economy; Better on Taxes
(DBN)

GOP Paying Trump's Ex-Bodyguard Big Bucks??
(DBN)

Twitter suspends thousands of suspected bot accounts, and the pro-Trump crowd is furious
(DBN)

The RNC has reportedly paid Trump's former bodyguard $15,000 a month from a 'slush fund'
(DBN)

'We've never seen anything like this': Democrat wins Kentucky seat by 36 points in district Trump won by 49
(DBN)

Gowdy seeks answers from Pruitt over frequent first-class flights
(DBN)

Donald Trump Jr.’s tour through India is staggeringly corrupt Trump Jr. Might Be Too Much Even for India
(DBN)

Russian Meddling Worked, But We Don't Know How Well US is looking at potential new sanctions against Russia
(DBN)

Kushner's Coming War With John Kelly Kelly: It's Either Me or Jared
(DBN)

Trump's pick to head Indian Health Services drops out amid controversy over resume and finances
(DBN)

FactCheck: "Along the southern border of the U.S.," the government apprehends "seven individuals a day who are either known or suspected terrorists"
(DBN)

HUD inspector general investigating Carson family role at agency
(DBN)

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Celebs:

Ellen DeGeneres asked billionaire Bill Gates to guess the cost of food at a grocery store — and he was way off
(DBN)

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Biofuels:

Cruz urges biofuels policy revamp at rally for bankrupt U.S. refiner Cruz tells refinery workers that ethanol program is broken Senator Wants RFS Reform to 'Save Jobs' Ted Cruz Calls for Easing Renewable-Fuel Rules to Save Refiner Jobs
(DBN)

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Radio:

IHeart Senior Lenders Are Said to Plan Bid to Unify Creditors
(DBN)

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Autos:

Court’s Ruling Paves Way for Takata to Finalize Sale to KSS and for TK Holdings Inc. to Emerge from Chapter 11 Takata bankruptcy proceedings enter the homestretch
(DBN)

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Plastics:

Bankrupt M&G argues for more time for Chapter 11 plan to press sale
(DBN)

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Footwear:

New Delaware Chapter 11 Filing – Pinktoe Tarantula Limited
(DBN)

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Entertainment:

Possible Weinstein Co. Sale May Have a New Obstacle From Canadian Distributor
(DBN)

Weinstein Co Sale Talks Stabilize After Bidders' 'Productive' Meeting With NY Attorney General
(DBN)

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Corporate Reform:

Under Trump, consumer agency promises to do the bare minimum, and nothing more
(DBN)

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Debt Collection:

Debt Collection Companies Have Hijacked the Justice System
(DBN)

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Nuclear:

Company building Georgia nuclear reactors faces fines for faked plant inspections
(DBN)

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Aviation:

More Than a Half-Million New Pilots Needed by 2036
(DBN)

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Mass Torts:

Case Remanded to Determine Setoff Amounts from Settlements with Asbestos Trusts
(DBN)

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New Bankruptcy Opinions
(8 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (34 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (12 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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Student Debt:

Trump administration may make it easier to wipe out student debt in bankruptcy New rules could be in the works for student loan debt Bankruptcy Options For Student Debt Could Possibly Change Under The Trump Administration Federal officials consider changing hurdle for student borrowers hoping to erase debt in bankruptcy
(DBN)

Request for Information on Evaluating Undue Hardship Claims in Adversary Actions Seeking Student Loan Discharge in Bankruptcy Proceedings
(DBN)

Obtaining Student Loan Discharges Under The Public Service Loan Forgiveness Program Could Be Harder For Attorneys
(DBN)

Federal officials consider changing hurdle for student borrowers hoping to erase debt in bankruptcy
(DBN)

Percentage of Student Debt Considered Seriously Delinquent, Since 2003
(DBN)

Student loan borrowers with high debts aren’t making progress repaying them
(DBN)

Congressman John Garamendi’s bill to ease student loan debt awaits committee action
(DBN)

State Senate Passes Student Loan 'Bill of Rights'
(DBN)

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TBTF:

Treasury Won't Ditch Post-Crisis Plan for Big-Bank Failures
(DBN)

Treasury calls for new bankruptcy code to avert federal backstop for failing banks Treasury plans 'Chapter 14' bankruptcy process to shield taxpayers from bank collapses
(DBN)

US proposes overhaul of 'too big to fail' regime
(DBN)

Too-big-to-fail rules are too sound to scrap
(DBN)

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Statutory Liens:

Statutory Liens: May Not Necessarily Be Unassailable
(DBN)

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Bankruptcy Remoteness:

The Fifth Circuit Accepts Direct Appeal Respecting Enforcement of Corporate Restraints Preventing Bankruptcy
(DBN)

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Court Access:

Bank May Not Hide Settlement Amount
(DBN)

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Consumer Bankruptcy:

Life in the Sweatbox
(DBN)

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Venue:

Bankruptcy Venue Reform -- Yes, Again, But Maybe This Is the Time?
(DBN)

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Retailing:

Toys ‘R’ Us may close another 200 stores, sharply cut corporate staff
(DBN)

Toys R Us is in danger of breaching a covenant with its lenders Toys ‘R’ Us reportedly facing loan troubles
(DBN)

Toys R Us says report that it is at risk of liquidation is 'full of speculation'
(DBN)

Walmart's online struggles show how far it has to go in its war with Amazon
(DBN)

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Banking:

Global Lenders Accused in Suit of Helping Sink Doral Bank
(DBN)

The Insane Salaries Of The 5 Highest-Paid Wall Street Banking CEOs The Insane Salaries Of The 5 Highest-Paid Wall Street Banking CEOs
(DBN)

Treasury Wants Bank Resolution Regime Kept
(DBN)

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Currency:

Bitcoin Snaps Five-Day Winning Streak Bitcoin on track for worst day in two weeks
(DBN)

Sorry, America, but you have to pay taxes on your bitcoin — here’s how
(DBN)

SEC charges former bitcoin exchange and its founder with fraud
(DBN)

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Private Clubs:

Bankrupt PAA hoping to file revised reorganization plan shortly
(DBN)

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Conglomerates:

GE Says Finance Woes Pushing It Toward Low End of Forecast GE Struggles to Keep It Real Don’t catch the ‘falling knife’ that is GE, warns analyst Jeff Immelt's refusal to give or take bad news defined his leadership at GE
(DBN)

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Education:

U.S. Colleges Are Separating Into Winners and Losers
(DBN)

Tax-Code Changes May Slow Giving to U.S. Colleges, Moody's Says
(DBN)

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Electricity:

FirstEnergy Solutions failure appears inevitable says FE CEO
(DBN)

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UK:

Contingent Provable Debts in Bankruptcies
(DBN)

Restructuring options for businesses in the retail and construction sectors
(DBN)

Why is no one exposing our failing firms in advance?
(DBN)

KFC says ‘the colonel is working on’ supply issues in the U.K.
(DBN)

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PIIGS:

Moody's upgrades Greece?s rating to B3, maintains positive outlook Moody's raises Greece's rating two notches
(DBN)

Protests in Greece swell against property auctions
(DBN)

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Canada:

Pacific Mall Under Scrutiny for Fake Goods
(DBN)

Investors Are Bailing on Landlocked Canadian Oil
(DBN)

Alberta Court confirms letter of credit not subject to stay of proceedings under BIA
(DBN)

Pensions and benefits require protection
(DBN)

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India:

Debt-ridden farmer commits suicide Ruby Hospital contractor hangs self over unpaid dues
(DBN)

Regional India Bank Recalls Perpetual Debt Amid Bad Loan Woe
(DBN)

Lenders Reject Liberty House's Late Bid For Bhushan Power & Steel Liberty House Looks To Approach NCLT On Disqualified Bhushan Power Bid
(DBN)

Creditors committee rejects Liberty House bid to acquire Bhushan Power and Steel Investors worried as Tata Steel looks set to acquire Bhushan Steel
(DBN)

Big bank scam reveals India fixed half a problem
(DBN)

Creditsights' Marshall Says India Tackling Bankruptcy Law
(DBN)

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Venezuela:

Venezuelans report big weight losses in 2017 as hunger hits
(DBN)

Venezuela’s crypto-currency reeks of snake oil
(DBN)

Hungry Venezuelan Workers Are Collapsing. So Is the Oil Industry
(DBN)

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Hong Kong:

Hong Kong Court Recognizes Foreign Liquidators Appointed In Creditors' Voluntary Liquidation.
(DBN)

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China:

China vows crack down on funeral s--------
(DBN)

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Luxembourg:

New law to curb bankruptcy growth
(DBN)

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Singapore:

Explaining Noble Group's Controversial Survival Plan
(DBN)

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Mozambique:

Lazard Finalizing Plans With Mozambique for Creditors Meeting
(DBN)

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