January 10, 2018

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Billionaire Rennert files malpractice lawsuit over $213 million judgment Billionaire Rennert Wants Arnold & Porter Kaye Scholer to Pay $213 Million Judgment
(DBN)

What’s Going On With Counsel Bonuses?
(DBN)

The Biglaw Firms With The Biggest M&A Market Share
(DBN)

Dechert - Sign of Socially Conscious Times, Management Responds on Glassdoor to Employee Posts about Inappropriate Conduct
(DBN)

UK: The most impressive law firm offices — 2018 edition
(DBN)

ABA Hits Back Against Cooley Law School in Accreditation Suit
(DBN)

Law School Already On Probation Is Found Noncompliant With Yet Another ABA Accreditation Standard ABA Finds Appalachian, Arizona Summit & North Carolina Central Law Schools Out Of Compliance With Accreditation Standards
(DBN)

Coolest Professor Has Thoughts On Law School And Debt
(DBN)

Shocking Revelations About The Discrimination Conservatives Face In Law School
(DBN)

Transitioning leaders - why firms get it wrong
(DBN)

A Lawyer’s Epic Response To ‘Go Take Up Knitting’
(DBN)

Prominent Law Firm Paid Female Employees 30 Percent Less In Bonuses Gender Pay Gap - Transparency as Game-Changer
(DBN)

Littler hires its first chief data analytics officer
(DBN)

The Pros And Cons Of Using Freelance Attorneys: Perspectives From A Hands-On User
(DBN)

Commonly Misused Phrases That Will Make You Sound Unprofessional
(DBN)

No sane lawyer would let Trump sit for an interview with Mueller 'Don't Talk,' and Other Advice for Trump From White-Collar Lawyers Mueller insider: ‘Loose cannon’ Trump will ‘leap blindly’ on landmines laid by special counsel’s office Trump's Legal Team Needs to Get a Grip, 'Written Response' Ain't Going to Cut It Trump Needs That Interview Far More Than Mueller
(DBN)

Emails released by the FBI shed new light on deputy director's recusal from Clinton probe
(DBN)

Paul Ryan: 'We want' a deal to protect young immigrants, but need more border security Seize This Deal With Trump for the Dreamers Judge blocks Trump from ending DACA program White House clears up confusion on Trump's understanding of "clean DACA bill" McConnell: DACA deal will be separate from spending bill Trump just held an extraordinary public negotiation with Congress on immigration 2-phase immigration deal for 'DREAMers'? Trump Narrows Immigration Debate in Bid to Break Stalemate Some of Trump's biggest supporters are furious about his 'lovefest' meeting on immigration
(DBN)

James Franco Accused of Assault 2 More Russell Simmons Accusers File Police Reports
(DBN)

Stroock announces internal investigation unit focusing on harassment allegations
(DBN)

Teacher Arrested For Asking Why The Superintendent Is Receiving A Raise But Teachers Haven't Had One In Years
(DBN)

Milo's Attorneys Want Out of His Lawsuit
(DBN)

80-year-old arrested for masked bank robbery
(DBN)

Woman Burglarized Dead Mother's Home During Funeral, Police Say
(DBN)

Spitzer Accused Of Threatening Man In Restaurant For Complimenting Home Depot Founder
(DBN)

New York Man Allegedly Robs Restaurant While Wearing Ankle Monitor
(DBN)

Amicus Brief Cites Ferris Bueller to Great Effect
(DBN)

ICE detention center proposed for rural town with no immigration attorneys
(DBN)

DOJ Charged A White Supremacist With Terrorism. They Just Didn’t Tell Anyone
(DBN)

Self Driving Cars a Boon for Criminals
(DBN)

Wife Stabbed To Death After Changing TV Channel
(DBN)

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Judges:

Cory Booker and Kamala Harris appointed to Senate Judiciary Committee
(DBN)

Convicted 'Kids For Cash' Judge Gets Retrial On 3 Counts
(DBN)

Judge accused of bullying law students for sex
(DBN)

The Nerdiest Supreme Court Justice Of Them All
(DBN)

7th Circ. Committee On Harassment To Look At Clerks' Rights
(DBN)

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Wall Street:

US stock futures slip ahead of key data, Fed speeches
(DBN)

Dow rises 116 points, adds to record on optimism ahead of earnings season US Stocks Continue to Make History All main indexes close at records
(DBN)

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Layoffs:

California’s WARN Act: A Primer After NAASCO
(DBN)

Regis closing 600 salons
(DBN)

Telvista to Close Danville Facility, Leaving 300 Out Of Work
(DBN)

Jack in the Box CEO: If Wages Rise 'It Just Makes Sense' to Replace My Employees With Robots
(DBN)

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Politics:

Sen. Dianne Feinstein unilaterally releases Fusion GPS testimony on Russian-Trump dossier Fusion GPS Founder Defends Trump Dossier in Interview Transcript 8 Important Details From Fusion GPS' Secret Testimony Explosive Fusion GPS testimony details Trump’s alleged ties to international money laundering operations Fusion GPS head: FBI heard aspects of Steele dossier from Trump insider Trump's personal attorney slaps BuzzFeed with a lawsuit for publishing Trump-Russia dossier Grassley blasts Feinstein for releasing Fusion GPS transcript I’m Proud We Published the Trump-Russia Dossier Fusion GPS: Trump-Russia dossier author severed ties with FBI over fears it was being 'manipulated' by Trump If Russia probe goes near Trump's finances, 'he's sunk,' 'Fire and Fury' author Michael Wolff says Fire and Fury's Shoddy Journalism Wolff's Revelations Not News to DC Insiders
(DBN)

Struggle to End Talk of Trump Mental Fitness
(DBN)

Trump ally and pardoned ex-Sheriff Joe Arpaio is running for Jeff Flake's Senate seat in Arizona Joe Arpaio's Senate Run Will Divide GOP, Experts Say
(DBN)

Paul Ryan-linked groups rack up record $66 million to protect House GOP majority in midterms
(DBN)

Trump says Congress should consider bringing back earmarks Congress Needs Earmarks, Even If They're Overrated Congress Needs to Bring Back Earmarks
(DBN)

Oprah Winfrey Not Considering 2020 Bid, but Is ‘Intrigued’ by Idea
(DBN)

More and more House Republicans are deciding they want no part of the 2018 elections Republicans Bind Themselves to Trump in 2018
(DBN)

Dozens more 'resistance' books scheduled for 2018
(DBN)

Trump says, 'Yeah, I'll beat Oprah,' but he doesn't think she'll run for president
(DBN)

Donald Trump's phony war with the press, explained
(DBN)

How Trump Is Making Us Rethink American Exceptionalism: This past year has shown that the U.S. is far from immune to the forces shaping the rest of the world
(DBN)

Bannon Steps Aside At Breitbart Behind the scenes of Bannon's exit How Bannon lost his political power Steve Bannon lit himself on fire — and Trump extinguished him Bannon may be gone, but Republicans still have to contend with Trump's unpopularity
(DBN)

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Currency:

Jamie Dimon says he regrets calling bitcoin a fraud and believes in the technology behind it
(DBN)

Initial Coin Offerings Attract New Audience: Trial Lawyers
(DBN)

130-year-old Eastman Kodak joins cryptocurrency craze with 'KodakCoin'; shares surge Do You Believe in Miracles? Cryptocurrencies Bring Kodak Back to Life Kodak's Stock Doubles After It Reveals Its Own Cryptocurrency, KodakCoin Kodak Last-Gasp Hope: KodakCoin Last-gasp hope for struggling Kodak Kodak & Cryptocurrency - What Don Draper Never Envisioned
(DBN)

Shouting Crypto in a Crowded Theater
(DBN)

Ripple’s market cap cut in half as the cryptocurrency keeps falling
(DBN)

Ethereum hits a fresh record high and is up over 13,000% in a year
(DBN)

Hedge fund managers reap 3,175 percent profit off bitcoin in 2017
(DBN)

Breaking Bitcoin With a Quantum Computer
(DBN)

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Banking:

10 Banks Consumers Hate the Most
(DBN)

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Travel:

Brawling pilots fired for leaving cockpit unattended
(DBN)

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Brides:

Former Alfred Angelo gowns up for sale in Greece
(DBN)

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Entertainment:

Weinstein Co. closing in on sale to Maria Contreras-Sweet-led investor group, sources say
(DBN)

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Radio:

Emergency loan saves KPFA from seizure for now
(DBN)

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Corporate Reform:

U.S. Sen. Elizabeth Warren Says CFPB Data Collection Freeze, Other Actions, are ‘Unjustified'
(DBN)

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Economy:

BLS: Job Openings "Little changed" in November
(DBN)

Dimon thinks even his own economist at JPMorgan is dead wrong about GDP, predicts 4% U.S. growth It’s not crazy for Dimon to say U.S. will grow 4%. But it’s not likely
(DBN)

Trump to attend World Economic Forum in Davos, White House confirms
(DBN)

World economic growth expected to be strongest in 7 years Global Growth Back at Pre-Crisis Level
(DBN)

Get Ready for Higher Interest Rates Three rate hikes by the Fed in 2018 would be problematic for markets, expert says
(DBN)

Fed likely to be disappointed with inflation again this year, UBS says
(DBN)

Holiday Debt Hangover for U.S. Consumers
(DBN)

Fed: Q3 2017 Household Debt Service Ratio Very Low, Starting to Increase
(DBN)

'The engine of the economy roared back to life': US small-business confidence hit a record high in 2017
(DBN)

Fed Worries About Tools for Next Recession
(DBN)

Reporters pour cold water on Trump’s job gains boasts: ‘The worst since 2010’

'America-Last Tax Policy': New Law May Drive Factories And Jobs Abroad New tax law is hitting these 4 states hard What the new tax law means for business owners
(DBN)

Optimistic Investors Send 10-Year Treasury Yield Above 2.5%
(DBN)

Working for China
(DBN)

China Would Win a Trade War with America
(DBN)

Japanese automakers to build $1.6 billion plant in Alabama
(DBN)

Small-business sentiment dips at end of strongest year on record: NFIB
(DBN)

Fed's Kashkari: Biggest banks need to double current capital levels
(DBN)

Here are the US states where more people are dying than being born
(DBN)

10 cities with booming employment growth in 2017
(DBN)

Paul Brandus: Rural areas in a ‘destructive downward spiral,’ no matter what Trump says
(DBN)

The fastest-growing and shrinking economies in 2018
(DBN)

‘Making America weaker’: Wall Street Journal trashes Trump policies hurting his boosters in the farm belt Will Trump Punish the Farm Belt? Will Trump Punish the Farm Belt? Pulling out of NAFTA would hurt the exporting states that elected him
(DBN)

Infrastructure: More States Are Turning to Toll Roads in 2018
(DBN)

The chief investment strategist at $6 trillion fund giant BlackRock says Trump's trade policy is the biggest risk to markets
(DBN)

The No. 1 job in America if you want high pay and work-life balance is …
(DBN)

Why Doesn't Rural America Just Move?
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

Las Vegas Real Estate in December: Sales Down YoY, Inventory down 36%
(DBN)

Re/Max: Real estate expected to boom in 2018
(DBN)

Homeowners and appraisers close 2017 more in agreement than in the past 2 years
(DBN)

Leading Index for Commercial Real Estate "Ends 2017 on High Note" in December
(DBN)

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Municipalities:

Puerto Rico police chief resigns as killings, absences spike
(DBN)

A statehood manifesto: After 120 years, the US needs to fully embrace Puerto Rico
(DBN)

Power Is Restored to Most of U.S. Virgin Islands After Hurricanes, Officials Say
(DBN)

Puerto Rico-based airline seeks bankruptcy in hurricane aftermath
(DBN)

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Oil/Gas:

Fewer E&P Bankruptcies Filed In 2017, But Insolvency Still Looms
(DBN)

Bankrupt oil producer Breitburn urges Chapter 11 confirmation
(DBN)

Seadrill Gets 4-Month Ch. 11 Plan Exclusivity Extension
(DBN)

American oil drillers' output could top Saudi Arabia and rival Russia by 2019, US forecast shows
(DBN)

US crude surges 2% to more than 3-year high above $63 as market tightens U.S. oil prices tops $63 for first time since 2014
(DBN)

U.S. oil companies expected to produce gusher profits — and big gains for investors
(DBN)

Trump's Offshore-Drilling Plan Faces Choppy Political Waters Florida Offshore Drilling Plan Dropped, Other States Ask Ryan Zinke For Exclusion Trump Yanks Florida From Offshore Drilling Plan After Objections Trump delivers a Senate race sweetener to Scott
(DBN)

Get Ready to Pay More for Gasoline This Year
(DBN)

The biggest wildcards for oil markets this year — and how likely they are to actually happen
(DBN)

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Tech:

Microsoft says Meltdown and Spectre fixes will slow some PCs down significantly
(DBN)

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Pharma:

Trump's top health nominee Alex Azar says drug prices 'too high' Trump's pick to head HHS balks at having government negotiate drug prices
(DBN)

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Aviation:

Seaborne Airlines To Be Acquired By Silver Airways After Filing For Bankruptcy
(DBN)

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Telecoms:

Senate bill to block net neutrality repeal now has 40 co-sponsors First Republican backs plan to end net neutrality repeal
(DBN)

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Electricity:

FirstEnergy: Bankruptcy Fears Fester
(DBN)

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Autos:

When Will Tesla Run Out Of Cash?
(DBN)

Toyota expands U.S. Takata airbag recall to 600,000 extra vehicles Toyota, Honda add 1M vehicles to Takata air bag recalls
(DBN)

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Tech:

GoPro Better Find A Buyer Or Face Chapter 11
(DBN)

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Marijuana:

New US attorney issues apparent warning as Massachusetts prepares for legalized marijuana
(DBN)

Mexican drug traffickers could catch a break from Jeff Sessions' marijuana crackdown
(DBN)

Bankruptcy Courts Just Say No to the Marijuana
(DBN)

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Education:

No College Kid Needs a Water Park to Study
(DBN)

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Hedge Funds:

One of John Paulson's Hedge Funds Crashed 70% Over the Last Four Years
(DBN)

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Coal:

What Killed Trump's Cockamamie Coal Plan
(DBN)

Power Producers Stumble Off The Perry-Go-Round
(DBN)

Trump’s Coal Bailout Is Dead
(DBN)

It’s the same story under Trump as under Obama: Coal is losing out to natural gas
(DBN)

Get ready for a lot of coal-plant shutdowns
(DBN)

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Newspapers:

Herald execs' pay disclosed
(DBN)

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Debt Collection:

AG Pushes Collection Firm to Scrap $8.8M in Consumer Debt
(DBN)

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New Bankruptcy Opinions
(0 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 (11 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:

December Commercial Chapter 11 Filings 2007-17
(DBN)

Annual bankruptcy total dips for eighth consecutive year
(DBN)

Companies and brands expected to die in 2018
(DBN)

BK CD CA: Filing Stats for December and 2017
(DBN)

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Cross-Border:

Comity Hour: Staying “Nonexistent” Russian Claims in New York under Chapter 15
(DBN)

Chapter 15: U.S. Creditor Required to Seek Recovery in Foreign Main Proceeding
(DBN)

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Tax:

Goldman Sachs to Invest in Bankrupt Real Industry Inc.
(DBN)

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Venue:

U.S. senators take aim at Delaware's bankruptcy advantage Cornyn and Warren Introduce the Bankruptcy Venue Reform Act of 2017
(DBN)

DE Governor Carney, Congressional Delegation Respond to Bill that would Hurt U.S. Economy, Change Bankruptcy Venue Laws Leaders respond to bill that could hurt economy, change bankruptcy venue laws
(DBN)

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Sales:

Double Whammy: In a Sweeping New Opinion, the Ninth Circuit Creates a New Mechanism for Completely Wiping Out Unexpired Leases in Bankruptcy, and Also Undercuts a Critical Protection for Buyers in 363 Sales
(DBN)

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Mediation:

Creative Mediation System in British Columbia: A Model For Us All
(DBN)

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Miscellaneous:

Bankruptcy Cases To Watch In 2018
(DBN)

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SCOTUS:

A Patent Law Dispute Before the Supreme Court This Term Could Have a Major Impact on U.S. Bankruptcy Courts
(DBN)

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Bankruptcy Rules:

Beware secured creditors: The newly amended US Federal Rules of Bankruptcy Procedure now require filing a proof of claim
(DBN)

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Retailing:

Not dead yet: Target shows there's still a heartbeat in retail
(DBN)

Retail Apocalypse Delayed
(DBN)

Holiday Sales Hint the Retail Apocalypse Isn't Nigh
(DBN)

Kohl's Corporation Sales Soar, While Bon-Ton Spirals Towards Bankruptcy
(DBN)

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Exemptions:

NE: Greater bankruptcy exemptions advance with 41 to zero vote
(DBN)

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Weather:

At least 13 killed in Southern California mudslides following heavy rain Thirteen dead as horror mudslides hit California celebrity enclave
(DBN)

2017: Third Hottest Year in US History
(DBN)

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Healthcare:

GV Hospital expected to emerge from bankruptcy by year's end
(DBN)

Rural hospital in California files for bankruptcy
(DBN)

America's Rural Hospitals Are Dangerously Fragile
(DBN)

Healthcare Organizations Face Increased Cost Pressures amid Revenue Growth Challenges
(DBN)

Kids in America are significantly more at risk of dying than other wealthy countries American babies are 76 percent more likely to die in their first year than babies in other rich countries
(DBN)

21st Century Oncology Receives Court Approval Of Plan Of Reorganization
(DBN)

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Bankruptcy Crimes:

South Brooklyn Assemblymember Pamela Harris indicted How the crooks slither in
(DBN)

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Nuclear:

Westinghouse Accuses Investors of Trying to Drive Up Claim Value
(DBN)

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Student Debt:

Her Life: A Growing Cloud of Student Debt
(DBN)

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Banking:

Trump Administration Waives Punishment For Convicted Banks, Including Deutsche — Which Trump Owes Millions
(DBN)

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UK:

Europe Has Completely Turned the Tables on Brexit
(DBN)

Posh burger chain Byron may shut 20 restaurants Byron could close dozens of restaurants under CVA plans Hundreds of jobs under threat
(DBN)

Contracts via email – potential pitfalls
(DBN)

Deloitte muscles in on legal services in UK
(DBN)

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PIIGS:

Greek government presents new creditor -demanded reform package
(DBN)

Telecom Italia Is Considering 7,000 Job Cuts Over 3 Years
(DBN)

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India:

Stakeholders seek timeline for approvals from regulators for resolution under IBC
(DBN)

Insolvency regulator empanels resolution professionals to save NCLT's time
(DBN)

IBBI Effects Amendment To Ensure Confidentiality Of Liquidation Value And Better Price Discovery Of Stressed Assets
(DBN)

India Allows 49% Foreign Direct Investment In State-Run Air India
(DBN)

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MENA:

Egypt parliament preliminarily approves country's first bankruptcy law
(DBN)

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Denmark:

Number of company bosses banned over bankruptcies in 2017 a new Danish record
(DBN)

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Australia:

The Australian Insolvency Landscape - Swimming In Untested Waters.
(DBN)

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Venezuela:

Fund Managers Set to Mark Down Venezuela Bond Holdings
(DBN)

Venezuela Inches Closer to Total Collapse
(DBN)

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Austria:

Niki's bankruptcy relocated to Austria, IAG deal in question Airline Niki's administrator presses ahead with sale to IAG Niki appeals against German court ruling on insolvency Austria says in talks with all parties over Niki
(DBN)

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Hong Kong:

Insolvency Investigations And Litigation Funding.
(DBN)

The Use Of Funding In Insolvency Cases.
(DBN)

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