February 27, 2018

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Bryan Cave and BLP approve fully integrated merger • Bryan Cave, BLP Partners Approve Deal Creating New Global Legal Giant • Another Day, Another Transatlantic Biglaw Merger To Create A 1600-Lawyer Megafirm • Bryan Cave and BLP seal $900m transatlantic merger deal • Bryan Cave Strikes International Merger with U.K. Law Firm
(DBN)

Why Elite Law Should Raise Rates
(DBN)

Memo to Law Firms: Raise Cybersecurity Bar or Risk Client Losses
(DBN)

LSAT Takers Hit 16-Year High, But Most Grads Regret Going to Law School
(DBN)

Amidst Declining 1L Enrollments, Competition For Transfer Students Heats Up
(DBN)

Updated LSAC Data On The Quantity And Quality Of Law School Applicants
(DBN)

Partner Profits Surge 18 Percent at Weil, Gotshal & Manges
(DBN)

Dechert Sees Revenue and Partner Profits Climb
(DBN)

Debevoise Hits Record High Revenue, Profits Per Partner
(DBN)

The Outside Counsel Rankings: The Top Law Firms According To In-House Counsel
(DBN)

The Rise (and Fall?) of In-House Counsel
(DBN)

Reasons Not to Move to Delaware: Asparagus Legs
(DBN)

Law School On Probation Is Reportedly Struggling Financially, Conducting Layoffs
(DBN)

Accessing Your Inner Pause Button
(DBN)

Law School Dean Sets World Cycling Record, Gets Profiled On ESPNW
(DBN)

How Perfectionism Hurts Law Students
(DBN)

You’re In The Room, Now What? 7 More Board Diversity Arguments For In-House Counsel
(DBN)

Barclays Stresses Long Term in Law Firm Management Model
(DBN)

AI software is more accurate, faster than attorneys when accessing NDAs
(DBN)

What I Learned During My First Year In Practice
(DBN)

Net Tuition Trends By LSAT Category, 2010-2014: Net Tuition Rose In Highest (165+) And Lowest ( <145) Bands, Fell In Middle (145-164) Bands
(DBN)

Georgia's lieutenant governor threatens to retaliate against Delta unless it reverses its decision on the NRA
(DBN)

Supreme Court agrees to review case of death-row inmate who can’t remember his crime
(DBN)

2nd Circuit En Banc Decision Upholds Protection Against Sexual Orientation Bias • Title VII protects workers from discrimination based on sexual orientation, en banc 2nd Circuit says • 2nd Circuit demolishes key DOJ argument against workplace protection for gays
(DBN)

US Supreme Court, Rejecting Trump Petition, Lets DACA Program Continue • The Supreme Court may have just kept DACA on life support for several more months • Supreme Court extends relief for 'Dreamers,' refuses to rule now on Trump immigration plan • “I am comfortable saying Donald Trump doesn’t understand what’s happening with DACA” • Supreme Court’s Refusal To Hear DACA Challenge Is No Victory • Supreme Court denies quick review of DACA case in unusual request for cert before judgment
(DBN)

The real reasons colleges told students they’re OK with gun-control protests • Florida Shooting Survivors Receive Death Threats • 'Patently Untrue': Deputy Who Remained Outside During Parkland Shooting Pushes Back Against Blame • Georgia Republicans’ threat to Delta: Stop boycotting the NRA, or lose your tax breaks • Wayne LaPierre Net Worth And Salary: How Much Does The NRA Leader Make? • Why Corporate America Is Fleeing the NRA • Conspiracy theories flourished after the Parkland shooting. Here’s why. • Trump: Don't Worry, NRA is on Our Side • After Parkland, gun control is on the table for some conservatives • Despite Reported Failings, Holding Broward Sheriff's Office Accountable Could Prove Difficult • The gun debate is a mess and Trump isn't helping • Trump says he would run into Parkland high school “even if I didn’t have a weapon” • Senate Democrats demanding broader gun debate • Congress steps into thorny gun debate • What the Second Amendment Really Means • Buffett says it’d be ‘ridiculous’ to avoid investing in guns – or any other controversial business • Marco Rubio says banning all semiautomatic weapons is ‘a position well outside the mainstream.’ Polls show otherwise. • In 2017, Americans narrowly opposed allowing teachers and school officials to carry guns • What Trump's call for "mental institutions" could actually achieve • Parkland teens are calling out critics on social media • Melania backs anti-gun Stoneman Douglas students saying she was 'heartened' that they want to 'create change' • Shooter could have faced charges before massacre — had cops done their job, experts say
(DBN)

Former Skadden associate’s guilty plea shines light on firm’s work for foreign figures • The Trump Tower meeting at the center of the Russia investigation, explained • Hope Hicks to meet with House Intelligence on Tuesday • Democratic memo says surveillance request for Trump campaign adviser met warrant rigor • Americans Trust Mueller More Than Trump Denials: Poll • Former Trump Aide Worried About Lawyer Cohen • Trump’s Real Scandal Is Hiding in Plain Sight • The Gates Plea: Manafort’s Options May Now Run From Plea to Pardon To Prison • Trump’s Lawyer Uses Radio Show to Chip Away at Mueller Probe
(DBN)

Ryan Seacrest’s former stylist says he harassed and assaulted her over several years • The #MeToo movement means rethinking everything about Monica Lewinsky • Monica Lewinsky Details 'Creepy' and 'Uncomfortable' Encounter With Ken Starr • Monica Lewinsky: Emerging from “the House of Gaslight” in the Age of #MeToo • “We All Wear All Black Every Day”: Inside Wall Street’s Complex, Shameful, and Often Confidential Battle with #MeToo • How to Find Room for Forgiveness in the # MeToo Movement • #MeToo spurs investors to move money to companies that support women • Jennifer Lawrence says she 'wanted to kill' Harvey Weinstein after learning of assault allegations — and hopes he gets jail time
(DBN)

Cop hangs onto car for a mile as suspect tries speeding away
(DBN)

Inside Atomwaffen As It Celebrates a Member for Allegedly Killing a Gay Jewish College Student
(DBN)

Lawyer Uses Fake Bar Associations As A Business Venture • Some lawyers are irked by attorney’s fake bar associations
(DBN)

Standing desks could be harmful to your productivity — and your health
(DBN)

Bizarre Legal Brawl at Trump Hotel Panama
(DBN)

New Assault Charges for Rogue Canadian Golfer Who Tried to Escape on Ice Floe
(DBN)

South Carolina Bill Would Require All Citizens to Wear Mom Jeans
(DBN)

Three People Arrested In $1.8 Billion Bank Heist
(DBN)

Prominent Pennsylvania Lawyer Charged With Bestiality
(DBN)

Seoul law firm prepares to deploy law robots
(DBN)

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Judges:

Coal company accuses judge of ‘flagrant disregard of the law’ for siding with John Oliver
(DBN)

Lawsuit: Judge had no right to ask for arrest of immigrant who was in court to testify for his wife
(DBN)

What Makes Chief Justice Roberts Lose His Cool
(DBN)

Pennsylvania Republicans lost the redistricting battle. Now, they’re declaring war on the courts.
(DBN)

Judge Guts Trump Environmental Policy: ‘Untethered to Evidence’
(DBN)

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Wall Street:

U.S. stock futures point to a loss as jitters grow ahead of Powell testimony
(DBN)

U.S. stocks close 1% higher as tech rallies
(DBN)

Morgan Stanley just issued a new market outlook that defies both Goldman Sachs and Warren Buffett
(DBN)

There's a 'surprising' loser after the stock market correction
(DBN)

How Long Will the Dow Go? Brace Yourselves
(DBN)

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Layoffs:

Coca-Cola slashes 350 jobs
(DBN)

Public Split on Basic Income for Workers Replaced by Robots
(DBN)

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Travel:

What an O’Hare Airport expansion means for travelers, by the numbers
(DBN)

'Russian MP's wife' throws massive tantrum on plane after the passenger in front of her reclines their seat
(DBN)

Southwest Airlines Hit with Passenger’s Wrongful Death Case
(DBN)

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Politics:

Trump Organization makes a big omission in announcing its donation of profits from foreign governments
(DBN)

Trump Is Winning • Trump’s Takeover of Conservatism Is Complete and Total
(DBN)

Obama calls out Facebook and Google, and says it's hard to know how long democracy can survive the current political climate
(DBN)

Trump: Unarmed I Would Have Run into the School
(DBN)

Utah GOP's New Rule Could Eject Romney • The Foiled Plot to Kick Mitt Romney Out of the Republican Party
(DBN)

Trump's Approval Rating Drops Back To His Worst With 2 New Polls • Trump's job approval rating is polls apart • Tracking Trump State by state, month by month, how voters view the 45th president • Gallup: Trump Job Approval (Weekly)
(DBN)

Missouri Starts Impeachment Probe of Governor
(DBN)

Poll: Congress Listening to the Wrong People
(DBN)

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Biofuels:

Farm groups urge Trump not to weaken US biofuel policy
(DBN)

Trump to Convene White House Summit in Search of Biofuel Deal
(DBN)

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Currency:

Behold the staggering volatility of cryptocurrencies
(DBN)

World's largest asset manager says get ready to 'stomach complete losses' in cryptocurrencies
(DBN)

The self-proclaimed 'founder' of bitcoin is being sued for billions in stolen bitcoin
(DBN)

Bitcoin, move over. There’s a new cryptocurrency in town: The petro.
(DBN)

Bitcoin Bitterness Starts to Make Messy Divorces Even Worse
(DBN)

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Economy:

Stock rally could depend on whether Powell is hands-off on policy for now • Powell Faces Policy ‘Combativeness’ in Riskier Post-Yellen World
(DBN)

Chicago Fed "Index Points to Little Change in Economic Growth in January"
(DBN)

Fed Nowcast for 2018:Q1 stands at 3.1%.
(DBN)

One Simple Way Trump Can Get the Economic Growth He Wants
(DBN)

Americans increasingly believe GOP tax law will cut their taxes
(DBN)

Rising Interest Rates and US Corporate Debt
(DBN)

The math in Trump’s infrastructure plan is off by 98 percent, UPenn economists say
(DBN)

Why are young, educated men working less?
(DBN)

Goldman Sachs has identified the stocks poised to crush the market thanks to tax cuts
(DBN)

Bullard’s biggest economic fear: his Fed colleagues
(DBN)

Trump is considering a move that would be his biggest step yet toward a trade war
(DBN)

Trump's Real Game on NAFTA
(DBN)

Trump tilts toward hard-liners ahead of key trade decisions
(DBN)

Globalization Has Created a Chinese Monster
(DBN)

How the Republican tax law hurts the poor and helps the rich, in one chart
(DBN)

How welfare reform made women worse off
(DBN)

Trump has long vowed to slash government. Now the knives are finally coming out.
(DBN)

These Union-Seeking Coders Will Test Trump's Job-Saving Promises
(DBN)

Here’s the big short by the world’s largest hedge fund — and how it could flop
(DBN)

What The Climbing Debt Defaults Really Mean For The Economy
(DBN)

Men with an associate’s degree earn nearly as much as women with a bachelor’s degree
(DBN)

Declining fertility rate may predict the next recession
(DBN)

Report: No progress for African Americans on homeownership, unemployment and incarceration in 50 years • 5 facts about blacks in the U.S.
(DBN)

California gas tax repeal fight gets an unlikely player — Trump • The 23 U.S. states that have hiked gas taxes since 2013
(DBN)

Glenn Beck: The United States feels a lot like pre-World War II Germany
(DBN)

The Hardest Working Cities in America • This is the hardest-working city in America
(DBN)

More Americans now support a universal basic income
(DBN)

A Generation Emerging From the Wreckage
(DBN)

Millions of jobs are still missing. Don’t blame immigrants or food stamps.
(DBN)

The Trump administration takes its first big step toward stricter work requirements for food stamps
(DBN)

Business to Use Tax Cuts on Themselves
(DBN)

States Where Middle Class is Being Left Behind
(DBN)

How Money is Spent by Different Income Groups
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

Rising mortgage rates hit new home sales hard, an ominous sign for builders
(DBN)

More Tenant Bankruptcies Are Coming in 2018, and Landlords Need to Be Prepared
(DBN)

Black Knight: House Price Index up 0.1% in December, Up 6.6% year-over-year
(DBN)

New Home Sales decrease to 593,000 Annual Rate in January • A few Comments on January New Home Sales
(DBN)

35% of Homebuyers are Bidding Sight Unseen
(DBN)

Creditor wants more time to develop prime Detroit land
(DBN)

Housing Inventory Tracking
(DBN)

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Municipalities:

Municipal Finance and Chapter 9 Bankruptcy: A Conversation with Lawrence Larose
(DBN)

Puerto Rico's board seeks to fend off bid to collect past-due rent
(DBN)

The fantasy of the fiscal plan for Puerto Rico
(DBN)

Scott, Mercer County among many school systems at risk of insolvency
(DBN)

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Oil/Gas:

Seadrill Announces Status on Bankruptcy Case • Seadrill, Creditors Reach Joint Restructuring Deal
(DBN)

The Wild West Is Alive And Well And It’s The Houston Energy Law Market
(DBN)

US will overtake Russia as top oil producer by 2019, says the International Energy Agency
(DBN)

UK to Become a Net Oil Exporter
(DBN)

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Cybersecurity:

How the number of data breaches is soaring — in one chart
(DBN)

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Radio:

Liberty Media steps up with $1.16B offer for 40% of struggling iHeart • John Malone’s Liberty seeks 40% stake in radio giant iHeartMedia
(DBN)

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Electricity:

Sempra's $9.45 billion mega-deal on the verge of completion • Bankruptcy court clears way for Sempra's Oncor acquisition
(DBN)

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Entertainment:

Weinstein Company Bankruptcy Would Be a Costly, Drawn-Out Mess
(DBN)

The Weinstein Co. Sale Is Not Dead Yet
(DBN)

Q&A: A Weinstein Co. bankruptcy could complicate lawsuits • What The Weinstein Co. Filing For Bankruptcy Means For Alleged Abuse Victims • The Weinstein Company looks to file for bankruptcy, putting any abuse redress in doubt
(DBN)

How a Deal to Sell the Weinstein Company Fell Apart
(DBN)

The Weinstein Company says it will file for bankruptcy • The Weinstein Co. will file for bankruptcy as its deal to secure funding from investors collapses • Weinstein Company Can't Avoid Bankruptcy But Will Find Relief In Collapse
(DBN)

What Is The Weinstein Company Worth?
(DBN)

Harvey Weinstein's estranged wife runs one of the most exclusive fashion labels — and now it's in jeopardy
(DBN)

Weinstein, Wynn Fallout May Not Fade Fast Thanks to N.Y. Probes
(DBN)

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Retailing:

Here are the types of stores getting hit the hardest by the retail apocalypse
(DBN)

The mystery of the Amazon headquarters search is solved! Or is it?
(DBN)

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Bankruptcy Crimes:

Federal Jury Convicts Dallas Man of Bankruptcy Fraud
(DBN)

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Banking:

The Rothschild banking dynasty is about to be passed to the 7th generation
(DBN)

February 2018: Unofficial Problem Bank list unchanged at 101 Institutions
(DBN)

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Aviation:

Why Warren Buffet Is Wrong About Airlines, Again
(DBN)

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Personal Finance:

Americans refuse to do this simple financial task — and that’s ‘disturbing’
(DBN)

This is what predicts your future income
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Weather:

200+ rivers at flood stage from Great Lakes to Texas
(DBN)

Sacramento: Hail so Deep Cars Get Stuck
(DBN)

Pittsburgh Suffers a Dozen Landslides
(DBN)

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New Bankruptcy Opinions
(4 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (31 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (9 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:

How Chicago Ticket Debt Sends Black Motorists Into Bankruptcy • The Many Roads to Bankruptcy
(DBN)

Weekly Bankruptcy Claims Trading Activity
(DBN)

Texas business bankruptcies skyrocketed in 2017
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Cross-Border:

Riding Through International Waters: Assumption and Assignment of Executory Contracts in a Chapter 15 Section 363 Sale
(DBN)

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Tax:

Lesson From The Tax Court: Underwater Debtors
(DBN)

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TBTF:

Treasury Disappoints Again on Dodd-Frank -- Calls for Supporting Too Big to Fail Firms
(DBN)

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Miscellaneous:

Hughes Hubbard Bankruptcy Year-End Review for 2017
(DBN)

Recent Developments in Bankruptcy Law, February 2018
(DBN)

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IP:

First Circuit Holds That Trademark Licensee Loses Right to Use Trademarks When Debtor-Licensor Rejects License
(DBN)

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Bad Faith:

Fourth Circuit Looks at Multiple Factors in Bad Faith Analysis
(DBN)

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Bicycles:

Fallbrook – NuVinci Announces Chapter 11 Bankruptcy Proceedings • Roger Wood named CEO and Chairman of the Board of Fallbrook
(DBN)

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Healthcare:

Blessings in Disguise: Hidden Opportunities in Health Care Bankruptcies
(DBN)

America’s childhood obesity epidemic is affecting even younger children
(DBN)

Trump will drive up Obamacare premiums nearly 20%
(DBN)

Everyone Agrees Obamacare Prices Have Been Rising Rapidly. But Everyone Is Wrong.
(DBN)

20 States Sue Over Obamacare Again
(DBN)

No, it's not just you, everybody is exhausted
(DBN)

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Celebs:

50 Cent reportedly told the bankruptcy court that he never owned bitcoin, contrary to a report that he made $8 million in crypto • 50 Cent now swears he's not a bitcoin millionaire, says he never owned bitcoin
(DBN)

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Hedge Funds:

Some 90% of hedge funds aren't worth the fees, but there's still a place for them, says expert
(DBN)

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Corporate Reform:

US plan to roll back bank insolvency rules is fake deregulation
(DBN)

“The Trump administration is probably the most anti-investor and consumer protection administration in decades, if not ever.”
(DBN)

Trump’s ‘Bureaucratic Bloodletting’ Is About to Begin
(DBN)

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Fraud:

Money stolen by Bernie Madoff is still being found
(DBN)

Big 'loss' for Martin Shkreli: Judge's ruling means 'pharma bro' could get decade or more in prison
(DBN)

HP-Autonomy Fraud Trial Is Spun for Jury as $9 Billion Whodunnit
(DBN)

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Autos:

California gives green light to fully driverless car testing
(DBN)

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Guns:

Remington Creditors Seek Quick Sale After Bankruptcy
(DBN)

Trump’s election hasn’t helped gun manufacturers
(DBN)

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Religion:

Catholic abuse in Northwest isn’t new. Diocese bankruptcies started here
(DBN)

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Sports:

Cowboys' Owner Jerry Jones Faces $2m Bill from NFL
(DBN)

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Media:

The Thiel-Gawker Scandal Turns Darker
(DBN)

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Student Debt:

Trump administration fights states' crackdown on student loan collectors
(DBN)

The Student Loan Sweatbox
(DBN)

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Tech:

‘Success’ on YouTube Still Means a Life of Poverty
(DBN)

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UK:

Nearly half of legal/accounting sector facing insolvency risk
(DBN)

Bosses knew of Carillion crisis in May
(DBN)

Brexit is like swapping a 'three course dinner' for 'a packet of crisps' says Liam Fox's former trade chief
(DBN)

Most current RBS turnaround managers worked at criticized restructuring unit, bank says
(DBN)

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Canada:

Top Insolvency Cases and Highlights from 2017 – Part 2
(DBN)

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Hong Kong:

Explaining Noble Group’s Controversial Survival Plan
(DBN)

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India:

Big Names Of Steel Look To Aquire Stressed Indian Steel Assets
(DBN)

Lawyers Win Biggest in India's Game of Bankruptcy Tag • India's bankruptcy process will make everyone unhappy except lawyers
(DBN)

Jeweler Files for Bankruptcy in US as PNB Fraud Rises to $2 Billion
(DBN)

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MENA:

Saudi's new bankruptcy law paves way for investments in markets and mega-projects • New Bankruptcy Law in the Kingdom of Saudi Arabia
(DBN)

Report: Perry to lead nuclear energy talks with Saudi Arabia
(DBN)

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Venezuela:

Venezuela Oil Industry at Cliff's Edge
(DBN)

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Australia:

The party continues – Insurers remain joined to insolvent trading proceeding
(DBN)

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Poland:

Polish Jews Are Growing Worried About Anti-Semitism
(DBN)

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Turkey:

Turkish Leader Under Fire After Assuring Six-Year-Old Girl That She Can Be Martyred and Covered In Turkish Flag
(DBN)

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