Law:
New Warning For Biglaw Firms — Not That They’ll Listen Anyway
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What Does Baker Hostetler Have to Do With the Fusion GPS Controversy?
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How Outside Companies Are Taking Over In-House Legal
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Lawyer agrees to censure for padding internal billing records to look busy
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Lawyer is accused of demanding $50K, the amount owed in ethics case, during attempted bank robbery
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Bannon hires a lawyer as he's dragged into the Russia investigation • Steve Bannon Turns to Quinn Emanuel's Burck Amid Russia Probe • Quinn Emanuel Racks Up Another (Former) Trump Administration Client: Steve Bannon • Mueller has not requested interview with Pence • Indicted Trump Adviser Is Being Sued by a Russian Billionaire • Robert Muller Has A Secret Power • Trump alleges that the FBI agent Mueller ousted committed 'treason' by sending anti-Trump texts • Trump says there was 'no obstruction' and that he 'should be given credit' for firing Comey
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President Trump said he'd prefer immigrants from Norway over "s------- countries" • Trump: 'Why are we having all these people from s------- countries come here?' • ‘This is straight up racist’: CNN panel crushes Trump on remark • Trump's remark galled south Florida in particular • Why Trump Can't Understand Immigration From S------ Countries • Trump's 's-------' comment gives up his game on immigration • South Africa calls Trump's comment 'extremely offensive' • GOP Sen. Jeff Flake says bipartisan senators have reached immigration deal — but others are skeptical • New DACA Deal Includes Trump's Priorities • A Tentative DACA Deal in the Senate • White House, GOP leadership not sold on bipartisan immigration deal • House Republicans' immigration proposal goes beyond Trump's vision • Who’ll Blink First in the Border Wall Standoff? • GOP negotiators say Trump aide Stephen Miller is standing in the way of an immigration deal • Poll: 86% of Americans want Dreamers to stay in U.S.
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Feds Raid US Maternity Hotels for US Babies
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FBI scrutinizes funeral home with side business: Selling body parts
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NYC: Man Robs 81-Year-Old, Then 4-Year-Old 8 Minutes Later In Broad Daylight
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Woman accused of damaging lawyer’s Warhol paintings could get life sentence if convicted
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Prominent Supreme Court Lawyer Jumps From Kirkland & Ellis To Quinn Emanuel
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Passerby Notices ATM Mugging In Progress, Knocks Robber Out Cold
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Judges:
2 New Mexico judges sue state judicial commission to obtain secret courthouse recordings
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TX Judge Accused of Forgery
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Wall Street:
Dow futures jump 100 points as dollar sags
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Dow spikes 205 points to record close , led by Boeing
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A 10 to 15% stock market correction is virtually unavoidable, Blackstone's Byron Wien warns
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Trump says his physical better go well or the stock market will not be happy
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Layoffs:
Carrier Employees, Soon to Be Laid Off, Feel Betrayed by Donald Trump •Carrier to Lay off 215 More Workers from Indiana Plant Despite Trump's Vows to save Jobs • Ex-union president rips ‘liar’ Trump over Carrier layoffs
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Walmart to shutter some of its Sam's Club locations
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Tenet to lay off 2,000 employees
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Retailing:
Shiekh Shoes Battles Over DIP Financing Replacement
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Walmart is abruptly closing 63 Sam's Club stores and laying off thousands of workers
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Sears Holdings Announces Plan to Enhance Liquidity and Accelerate Return to Profitability
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Why Some Are Taking Walmart's New Benefit Policies With a Grain of Salt
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Woman Returns "Dead" Christmas Tree to Costco on Jan. 4
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Trump renews call for internet tax, making a veiled threat against Amazon
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Healthcare:
The real reason health care is bankrupting America
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Skyrocketing drug prices leave cures out of reach for some patients
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Centene sued over "fictitious" ACA doctor networks
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The Trump administration just opened the door to an enormous change to Medicaid • Major shift as Trump opens way for Medicaid work requirement
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Funding CHIP would save the government money, CBO says
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Interfaith day marked by state senator's anti-Muslim outburst
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Currency:
Cryptocurrencies stage big comeback after trading ban fears wane; bitcoin surges 7 percent from low
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Goldman Sachs says 'the bar looks high' for bitcoin to thrive as real money
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Celebs:
Teresa Giudice: I 'Wouldn't Mind' Moving to Italy If Joe Gets Deported After Prison Sentence
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Gretchen Rossi wins legal battle and $523,250 in damages in bankruptcy court in long-running defamation lawsuit filed in 2010 • RHOC Alum Gretchen Rossi Awarded $523000 in Lawsuit
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Golf:
Verdict prompts jubilation, disappointment and uncertainty
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Student Debt:
Student loan crisis could be worse than originally thought
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Why Would DeVos Cancel A Student Loan Rule That Works?
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Black college graduates default on their student debt more than white dropouts
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Collection of ITT student debt barred in class action settlement
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Paper:
Maine-based corporation plans to buy Turners Falls former paper plant for $4 million
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Nuclear:
Sad collapse of Westinghouse
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Newspapers:
Herald publisher won’t apologize for walking away with millions
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Economy:
Weekly Initial Unemployment Claims increase to 261,000
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David Rosenberg: Fed taking on role of 'serial bubble blower' and it won't 'end well'
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There's a looming battle at the Fed - and Neel Kashkari just fired the first shot
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Fed's Dudley warns that tax cuts putting economy on an 'unsustainable path' • Worried central bank may have to ‘press harder on brakes’ in next few years
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Treasury Secretary Mnuchin doesn't think Davos gathering of elites is a 'hangout for globalists'
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What's Happened in the 10 Years Since the Economy Fell Apart
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Household Debt Service Ratio Low in Q3 2017, but Starting to Increase • Is Record-High Consumer Debt a Good or Bad Thing? • Is This the Reason U.S. Credit Card Debt Keeps Climbing?
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Economists Credit Trump as Tailwind for U.S. Growth, Hiring and Stocks
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This chart shows Americans' faith in the economy soaring since Trump's election
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Treasury lays out how new tax law will affect your take home pay • Tax Reform Act – Impact on Highly Leveraged Companies • Walmart rollbacks ahead: Retailer expected to use tax windfall to fund price cuts • Walmart announces raises and bonuses — then closes some stores • Wal-Mart Raises Hourly Wage to $11 in Wake of Tax Overhaul • Forget the tax cut, Walmart's pay hikes help the bottom line • Delta anticipates double benefit from GOP tax cut • How to save the most using the new tax tables • Save now, pay later: You may owe more taxes in 2019 • Citigroup warns New York and California homeowners could see tax bills go up about $3,000 • Nancy Pelosi says companies' bonuses to workers because of the tax bill are 'crumbs' • Mnuchin says 90% of workers will get more take-home pay under withholding change
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4 out of 5 workers are worried inflation will cut into their earnings
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Carrier lays off more than 200 from Indianapolis factory a year after Trump deal
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Why We Have to Talk About a Bubble
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Trump's growth plan depends on a healthy dose of international trade
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China's trade surplus with U.S. hits record high • The Chinese are now buying as much stuff as Americans, a game-changer for the world economy
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Leaving NAFTA Not the End of the World • NAFTA's Dead. Now the Likely Outcomes • NAFTA supporters use stock market to try to dissuade Trump from withdrawing from trade deal
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Fiat Chrysler to move Ram production from Mexico to Michigan
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Trump just floated a new, implausible way for Mexico to 'indirectly' pay for the wall • Kellyanne Conway says Trump has 'discovered' there are rivers and mountains on the border that make a physical wall unfeasible • Trump Will Accept Scaled Back Border Wall
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Here's another bullish indicator on the state of the global economy
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The fastest-growing and shrinking economies in 2018
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US Debt Clock
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World Debt Clock
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Real Estate:
Sacramento Housing in December: Sales down 8% YoY, Active Inventory up 8% YoY
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Municipalities:
Puerto Rico governor orders probe of discovery of hurricane recovery materials
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45 percent of Puerto Ricans still without power
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Oil/Gas:
Breitburn Shareholders Launch Last-Ditch Bankruptcy Showdown • Breitburn Execs Defend Asset Valuations Tied To Ch. 11 Plan
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Oil Prices Higher, Up 19% Year-over-year • Oil nears $64 a barrel on shrinking inventories • Oil Crosses $70 Threshold in London as Worldwide Glut Dwindles • Whispers of $80 Oil Are Growing Louder • Will Surging U.S. Shale Kill Off The Oil Rally?
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Big Oil throws California’s climate change hypocrisy back in its face
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Senators from 12 States: No Offshore Drilling
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Rig-Count Chaos: Shale Drillers Are Confusing Oil Analysts
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Politics:
Trump bucked his own White House on a controversial surveillance law after watching Fox News • Paul Ryan Has to Explain FISA to Trump • The President Who Doesn’t Understand His Own Positions
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Trump blasted after questioning protections for immigrants ‘from s------- countries’
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Trump's Weird WSJ Interview
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'I feel betrayed' by Bannon, Trump says • Bannon's brutal ouster from Trump and Breitbart circles should frighten Americans • "Fire and Fury" is selling like crazy • Now Steve Bannon Loses His Radio Show
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Report: Darrell Issa considering running in district next door
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Americans love the economy — but most still don't like Trump
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The Voters Abandoning Donald Trump
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Warning: Trump's Babysitters Are About to Go Home
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Trump Approval Highest Among Mormons, Lowest Among Muslims • New poll: Most see Trump’s mental fitness as legitimate concern
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Trump says he probably has 'a very good relationship' with North Korea
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Religion:
Attorneys seek to break impasse with diocese over abuse
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Creditors of Montana diocese back bid to lift bankruptcy stay
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By 2040, Islam could be the second-largest religion in the US
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Pharma:
Teva’s board slashes its own compensation following massive restructuring
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Weather:
Hundreds search for victims of California mudslide • Urgent alerts about deadly mudslides came too late for Montecito victims • Hopes of finding survivors drop after California mudslides
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US cold snap was a freak of nature, quick analysis finds
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Media:
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Toys:
Hobby products giant Hobbico files for bankruptcy protection • Filing Alert: Hobbico Files Chapter 11 to Complete a Sale Process
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Marijuana:
Vermont governor to sign bill legalizing marijuana possession
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Food/Beverage:
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Cosmetics:
New Delaware Chapter 11 Filing – KIKO USA, Inc.
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(7 new opinions today - DBN)
Bankruptcy Court Web/Pacer Site Directory
Chapter 7, 12 & 13 Private Trustee Locator
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Recent Ch. 11 Filings (31 new filings today)
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Recent Ch. 11 Adversary Proceeding Filings (0 new filings today)
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Bankruptcy Code (html) - Bankruptcy Code (pdf) • Prior BK Codes (pick year from list) - Bankruptcy Rules
(large downloads)
UCLA-LoPucki Bankruptcy Research Database
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Bankruptcy Jobs:
(1) • (2) •(3) •(4)• (5) •(6) •(7) •(8)
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Seminars - (Contact us to list your seminar)
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Bankruptcy Statistics:
Distressed debt & bankruptcy restructuring 2017 review - Houlihan Lokey still on top
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Agriculture:
Lawmakers Target Bankruptcy Law: Legislation Helps Farmers in Chapter 11 Battles
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McM lake trustee denies fraud
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Mediation:
The “Estate Neutral” as an Expert Witness, a Mediator and a Financial Advisor
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Sales:
Code Does Not Entitle Trustee to Sell Free and Clear of Creditor’s Judgment Liens
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Involuntary Bankruptcy:
Involuntary Proceeding Suspended to Permit Disposition of State Court Litigation
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Venue:
Lawmakers Target Bankruptcy Law
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Travel:
Plane Nearly Lands on Occupied Runway in San Francisco • San Francisco's airport has nearly caused 3 of the worst disasters in aviation history all within the same year because of a terrifying flaw
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Spain surpasses USA as tourism destination
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Autos:
Tesla's Model 3: Slowest. Rollout. Ever.
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Why Much of the Car Industry Is Under Scrutiny for Cheating
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Ford says some Rangers should be parked due to air bag death
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GM plans car without a steering wheel or pedals for 2019
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Coal:
Mine closing wipes out many of Trump's coal job gains
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Fraud:
Cocoa firm Transmar Group's woes mount as ABN Amro, others sue for fraud
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Distressed Investing:
Junk-Bond Funds See Largest Cash Inflows Since December 2016
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UK:
UK ministers hold crisis talks over Carillion • Carillion asks creditors for more time to tackle debts • Troubled Carillion's tale of woe • Carillion shares fall as market awaits news on financing deal
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Four Seasons Health Care rescue talks suffer setback
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New Look plots closure of 60 shops as high street pain grows • Scottish New Look stores under threat • New Look may sell off stores as debts mount
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Carillion crisis: take contracts back under public control, government urged • UK's Carillion asks creditors for more time
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‘Left in the dark’: McMullen creditors speak out
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Byron burger chain to radically overhaul
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Dominic Chappell convicted in BHS case
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Freaking Out Over Bankers' Jobs and Brexit
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Donald Trump has reportedly canceled his planned trip to the UK in February • Donald Trump visit to London called off amid fears of mass protests • Trump Cancels London Visit, Blames Obama • Trump claims he canceled his state visit to the UK because he doesn't like the embassy • The $1 billion US embassy in London — which Trump says is worse than the old one and refuses to visit
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Farage May Have Second Thoughts on Brexit
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PIIGS:
One Year After Bailout, Italian Bank Is Turning Away Bond Buyers
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Greek metro halted, ships docked in protest over new reforms
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Canada:
Judge Dismisses Ticketfly’s Request For Pemberton Ticket Proceeds To Enter Constructive Trust
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Is court protection tying down our steel mill like coils on a flatbed?
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Systematic attack on pensions
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Venezuela:
Gourmet chocolate becomes economic lifeline in Venezuela crisis
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Austria:
Airline Niki submits insolvency filing in Austria
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Hong Kong:
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South Korea:
KDB threatens to scrap Kumho restructuring
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