Daily Bankruptcy News
January 25, 2018


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Law:

Associate Bonus Watch: The Good News Keeps On Coming
(DBN)

State of the Financial Restructuring Market
(DBN)

How The New Tax Laws Will Affect Smaller Law Firms
(DBN)

A Tale From the War Room: How One Law Firm Started 2018 Right
(DBN)

Trump's US Attorney Pick Reports $1.2M Partner Share at Drinker Biddle
(DBN)

'CEO Challenge' to Employees Drives Major Changes at DLA Piper
(DBN)

BYU Law takes on ‘debt collection epidemic’ with new online tool
(DBN)

Former Sutherland Asbill Partner Undergoes Competency Hearing in Fraud Case
(DBN)

UK: A third of lawyers earn more than £100k
(DBN)

'Tiger Daughter' May Go To Law School 'To Delay Entering The Real World As Long As Possible'
(DBN)

What Does Failure Look Like In The Legal Profession?
(DBN)

Meet Zero: Mobile Email (Specifically) For Attorneys
(DBN)

1.2 Million Law Firm Email Address Credentials Are Sitting in Dark Web Data Dumps
(DBN)

Trump says he's 'looking forward' to speaking to Mueller under oath in the Russia investigation The Russia investigation is reaching a pivotal moment and it looks like it's closing in on Trump Mueller Almost Done With Obstruction Part of Trump Probe Seeing Through the Fog in the Mueller Russia Probe Mueller gives Trump's attorneys possible topics for interview Michael Flynn reportedly met FBI agents in the West Wing — without telling the White House Is the Mueller Probe Heating Up? Robert Mueller’s team has questioned Jeff Sessions. Here’s why that matters Mueller Asked US Intel Officials About Trump Senate Dems want to share Don Jr. transcripts with Mueller Mueller’s obstruction of justice case against Trump looks damning #ReleaseTheMemo and the conservative war on the FBI, explained The claims that Trump and his allies make about the FBI’s history of political retaliation, however cynically lodged, ring uncomfortably true GOP senator has ‘no comment’ on Trump’s latest FBI flub while walking back claims of a DOJ ‘secret society’ An error that caused the FBI to lose some of Peter Strzok's text messages reportedly affected many more phones at the bureau FBI Agents Have to Zip It in This Political Climate FBI Agents' Secret Society Appears to be a Joke Mueller appears to be zeroing in on obstruction questions Trump's "everyone's dirty" strategy
(DBN)

Garrison Keillor says he was fired for touching a woman’s back. His old bosses say otherwise More Bombshells in the Keillor Firing I thought I was one of the good guys. Then I read the Aziz Ansari story David Copperfield Accused of Assault Non-disclosure agreements can enable abusers 'I just signed your death warrant:' Judge sentences Larry Nassar to up to 175 years in prison after picking apart his damning letter In An Utterly Unsurprising Move, Judge Throws The Book At Larry Nasser Michigan State president resigns as outrage over Nassar gymnast abuse scandal grows The USA Gymnastics Scandal Explained
(DBN)

House of horrors: Turpin siblings often marched in circles at night Neighbors claim Turpins said ‘their final goodbyes’ hours before arrest
(DBN)

Congresswoman’s Ex-Staffers Plead Guilty In N--- Pics Case
(DBN)

Grumpy Cat has won $710,000 in a copyright lawsuit over coffee with her face on it
(DBN)

Celebrity divorce lawyer launches site to simplify breakups
(DBN)

After crash, injured motorcyclist accuses robot-driven vehicle of ‘negligent driving’ Feds investigating after a Tesla on autopilot barreled into a parked firetruck
(DBN)

Documentary About Flawed, Troubling Criminal Prosecution Earns Oscar Nomination
(DBN)

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Judges:

Mass. Judge Coerced Court Worker, Suit Says - Graphic complaint
(DBN)

Judge targeted for Brock Turner’s light sentence in sex assault case faces recall vote
(DBN)

Gorsuch attends Senate leader’s dinner party; Cornyn views visit as a ‘return to civility’
(DBN)

‘The Post’ gives little attention to judge who refused to stop Pentagon Papers publication
(DBN)

Neil Gorsuch Don’t Write Good
(DBN)

How the judge who sentenced USA gymnastics doctor Larry Nassar became a folk hero
(DBN)

Lessons From President Trump's Failed Judicial Nominations
(DBN)

Ginsburg, Gorsuch Spar In Sleeper Case Over Suit Deadlines
(DBN)

Gorsuch: biggest challenge over the next decade will be reconciling the centuries-old Constitution with new frontiers in law arising from changing technology
(DBN)

Justice Thomas Wrote About T-----, S-------- and L-- D----- and His Opinion Only Gets Better
(DBN)

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Wall Street:

Dow set to open at fresh record as Bank of America warns of ‘frothy’ market US futures point to a higher open ahead of bumper earnings
(DBN)

Dow closes at record after volatile session as tech stocks drop
(DBN)

Stock-market benchmarks open at record highs as U.S. dollar falls to 3-year low Dow rises 150 points to record high on strong earnings
(DBN)

The stock market is having a sugar high that could lead to a massive hangover, market watcher warns
(DBN)

Investors have learned one key thing during this record-setting stock run: Ignore Trump's tweets
(DBN)

It's only January and stocks already have topped many predictions for the whole year
(DBN)

By this measure, U.S. stock-market returns aren’t as big as they look
(DBN)

Billionaire investor Howard Marks says 'unrealistic' investors are getting desperate
(DBN)

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Layoffs:

Commerce Secretary Wilbur Ross: Robots don’t just ‘shrink’ jobs
(DBN)

1st round of cuts hits Wal-Mart HQ
(DBN)

Siemens in Fort Madison announces layoff of more than 200 employees
(DBN)

Maersk Drilling lays off 84 employees on deepwater drilling rig
(DBN)

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Accounting:

General Electric reveals SEC investigation, plans to restate 2016, 2017 results GE warns 2018 could be even worse than it expected for its embattled power business SEC Probing GE's Accounting After $15B Insurance Shortfall
(DBN)

What the KPMG Conspiracy Case Revealed About Its Audits Three former KPMG partners face lengthy prison sentences
(DBN)

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Retailing:

Nine West could be the next retailer to file for bankruptcy Nine West said to plan a bankruptcy filing with asset sales
(DBN)

Who Bankrupted Toys 'R' Us? Blame Private Equity and Millennial Parents
(DBN)

Toys R Us Looks To Close 180 Stores Nationwide Here's a map of the Toys R Us stores set to close across the US The road ahead for Toys R Us likely includes even more store closures Toys R Us declines to release holiday sales numbers
(DBN)

Toys “R” Us hired two bankruptcy consultants to make them compete against each other
(DBN)

Bankruptcy doesn't mean goodbye for retailers
(DBN)

The future of Amazon: How big is too big?
(DBN)

Store closures overshadow strength of physical retail
(DBN)

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Solar:

Trump’s solar tariffs may well cost US taxpayers more than $400 million
(DBN)

Did Trump’s Solar Tariffs Just Launch a US Manufacturing Renaissance?
(DBN)

Al Gore defends Trump, says he's not to blame for tariffs on solar panels
(DBN)

US tariff on solar panels is 'job destroyer,' says Joseph Stiglitz
(DBN)

Trump’s Solar Tariffs to Cause Some Demand Destruction
(DBN)

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Marijuana:

Poll: 60 percent of Americans now support legal marijuana
(DBN)

Most Americans say that candy is more dangerous than marijuana
(DBN)

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Economy:

Powell taking over as Fed chairman at time of economic calm
(DBN)

Jamie Dimon doesn’t ‘see any potholes’ for the U.S. economy
(DBN)

Baupost's Klarman Warns: 'The world has tilted off its axis, and we believe owners of capital should be increasingly worried'
(DBN)

The investment chief at $242 billion Guggenheim has a message from Davos: 'I am troubled by the euphoria'
(DBN)

Optimism Reminiscent of 2008 Crisis
(DBN)

The Economy is Weaker Than It Looks
(DBN)

A Decade of Grocery Prices for 30 Common Items
(DBN)

CEOs at Davos See Robust Global Growth, Praise Trump Moves Merkel warns against isolationism in Davos speech Wilbur Ross Tells Davos: U.S. Is Done 'Being a Patsy' on Trade Can Trump play to his base and the Davos globalists? For Trump, globalization may be "not a choice but a reality" In Davos, a Club Trump Has Revered and Resented Finally Opens Its Doors Protesters break through security in Davos to march against Trump and WEF In Davos, Trump faces the powerful 'establishment' he's repeatedly shredded US wants more trade but 'fair' and 'reciprocal' trade, Mnuchin tells Davos Trump Aims To Play Salesman During Davos Economic Forum Trump to Tell Davos the US 'Open for Business' US defends America First agenda ahead of Trump visit to Davos The Donald versus Davos Man Davos: Chao to Trump Critics: You Can Leave The danger of Trump at Davos The Finance 202, Davos Edition: Trump trade officials and India may be on a collision course Davos Elite Hope Unpredictable Trump Doesn’t Spoil Their Fun Trump arrives in Switzerland to take 'America first' to the Davos elite ‘America First’ is a hard sell in Davos Trump will tell globalists at Davos that his nationalist agenda is working Davos: Attendees Planning to Walk Out on Trump Speech Davos: World Leaders Trash Trump
(DBN)

Goldman CEO and Clinton supporter Blankfein has 'really liked' what Trump has done for economy
(DBN)

The Tragedy of Janet Yellen
(DBN)

Starbucks expands its paid sick leave and parental leave after tax cuts — and employee requests Jamie Dimon says Trump's tax cut will lead to economic boom this year Companies are under pressure to use tax savings for pay raises — and that's bad news for 2 key industries Budget deficit could jump whopping $154 billion if five states do end run around Trump tax law Tax Pros Brace For 2nd Wave Of Tax Upheaval, From States Here’s the truth behind the PR blitz of bonuses after tax cuts Barclays CEO says new US tax policy is a 'very big deal' for his company Public Has Mixed Expectations for New Tax Law Trump Tax Cuts Will Be Smaller Than Expected for Many Companies Hedge fund billionaire Howard Marks is throwing cold water on the GOP tax law
(DBN)

A grim future for workers who don't learn new skills
(DBN)

The fight over the next government shutdown — just 15 days away — already looks like a disaster The next budget deal will show how well Democrats play poker
(DBN)

Dalio Says Bonds Face Biggest Bear Market in Almost 40 Years
(DBN)

Mnuchin comment surprises financial markets, turns dollar decline into 'one-way bet' A weaker dollar is good for the US, Treasury Secretary Mnuchin says Commerce Secretary Wilbur Ross: The US is not abandoning its strong dollar policy Treasury secretary gets a do-over to clarify U.S. stance on dollar White House says Trump believes in a 'free-floating' currency The Treasury Doesn't Need a Dollar Policy Dollar falls further as Mnuchin defends weak buck comments Mnuchin denies he was hyping up a trade war with comments about the weak dollar Mnuchin admits he's broken US tradition with his policy on the dollar In Davos dollar comments, Mnuchin fails on style and substance Does Mnuchin Know? The Dollar Is Weak Already
(DBN)

Dalio says investors may see ‘the largest bear market in bonds’ since 1980-1981
(DBN)

Lowe's hiring more than 53,000 employees, including seasonal staffers
(DBN)

Senate bill would allow up to 195,000 H-1B workers per year
(DBN)

Carlyle’s Rubenstein on what could stop global growth in its tracks (and Trump)
(DBN)

Canada banks on Trump’s hatred for red tape to save NAFTA Forget NAFTA. The Trade War With Canada Has Already Started
(DBN)

Trump Vs. China: Is A Trade War On The Way?
(DBN)

What Isn't in the White House's Leaked Infrastructure Plan
(DBN)

In just four days, top fashion CEOs earn a garment worker’s lifetime pay
(DBN)

Jack Ma is 'scared and concerned' over a possible trade war
(DBN)

The New TPP Deal: Canada Takes the Lead
(DBN)

GOP Lawmakers Slam Trump on Tariffs
(DBN)

The number of 401(k) millionaires hits an all-time high. How you can become one
(DBN)

The recent history of the global economy, in one chart
(DBN)

America's Break Up with the Entire World
(DBN)

Lack of income is one of two main reasons more Americans don't save—this is the other
(DBN)

LG is raising washing machine prices because of Trump's tariff and more manufacturers are likely to follow
(DBN)

Defense manufacturers cashing in on Trump's global arms push
(DBN)

LA area Port Traffic Increases in December
(DBN)

The U.S. Can No Longer Hide From Its Deep Poverty Problem
(DBN)

Political Splits Widen on Satisfaction With Life in U.S.
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

US home sales fall as record low inventory boosts prices Existing-home sales fizzle in December as supply hits an 18-year low NAR: "Existing-Home Sales Fade in December; 2017 Sales Up 1.1 Percent"
(DBN)

Severe Loan Delinquencies Associated with Hurricanes Increase in December 2017
(DBN)

Comments on December Existing Home Sales
(DBN)

AIA: "Architecture billings end year on positive note"
(DBN)

MBA: Mortgage Applications Increase in Latest Weekly Survey
(DBN)

Home remodel cost vs. value
(DBN)

They'll Help Take Your Home Off Your Hands—So You Can Buy One of Theirs
(DBN)

Millennials will be the richest generation ever, according to UBS – so perhaps they ought to stop complaining about the housing market
(DBN)

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Municipalities:

Puerto Rico Plan Leaves Almost No Money for Bond Payments
(DBN)

Puerto Rico Governor Says Storm Deeply Cut Ability to Pay Debts
(DBN)

Puerto Rico warns its population and economy will plunge
(DBN)

How a Hedge Fund Could Derail Puerto Rico's Debt Negotiations
(DBN)

Puerto Rico Bondholders Await Release of Revised Recovery Plan
(DBN)

Protesters Call on Harvard to Divest from Puerto Rican Debt Activists Protest Universities Over Investments In Puerto Rico
(DBN)

Puerto Rico sees no debt payment ability until 2022
(DBN)

The Peril Of Privatizing Puerto Rico's Power Assured Guaranty Comments on Governor’s Announcement Regarding PREPA
(DBN)

Puerto Rican Families Removed from Temporary Housing
(DBN)

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Oil/Gas:

Oil prices climb as EIA reports a 10th straight decline in U.S. crude supplies
(DBN)

Oil climbs to fresh three-year highs, Brent taps $71 a barrel
(DBN)

Seadrill postpones restructuring plan hearing until Feb. 7
(DBN)

The drawbacks to U.S. energy dominance
(DBN)

Saudi and Russia energy chiefs downplay U.S. shale threat
(DBN)

Uresti cautioned about FourWinds CEO Bates
(DBN)

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Food/Beverage:

Bankruptcy court OKs sale of area Perkins restaurants
(DBN)

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Non-Profits:

West Virginia High Technology Consortium Foundation asks for dismissal of bankruptcy
(DBN)

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Newspapers:

Judge gives OK for trustee to examine Rogoff finances
(DBN)

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New Bankruptcy Opinions
(5 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (19 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:

National Bankruptcy Filings Fall 0.7% - Smallest 12-Month Decline Since 2010
(DBN)

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Bankruptcy Crimes:

Former Billings neurosurgeon's bankruptcy trial postponed amid plea deal negotiations
(DBN)

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Avoidance Actions:

Third Circuit Confirms Limits of the Rooker-Feldman Doctrine
(DBN)

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Politics:

'Fire and Fury' sales exceed 1.7 million Here are 9 bonkers incidents from Michael Wolff’s book that mainstream media totally missed
(DBN)

The “Hastert Rule,” the reason a DACA deal could fail in the House, explained
(DBN)

Conservative Kristol says he's creeped out by all the businesses sucking up to Trump
(DBN)

In 24 years, Americans have reversed their opinion on immigration Immigration Didn’t Have to Tear America Apart Schumer admits no guarantee on DACA vote Has Trump backed himself into an immigration corner? White House will roll out legislative framework for immigration Monday Justices speed up DACA case Democrats are starting to acknowledge the inevitable on Trump's wall Trump says he supports path to citizenship for Dreamers Trump: DACA recipients will 'morph into' citizens over 10 to 12 years Justice Department continues crackdown on 'sanctuary' cities Mayors Ditch White House Meeting After Sessions Threat DOJ Considering Arresting Sanctuary City Politicians
(DBN)

Mitch Landrieu cancels White House meeting over sanctuary city threat
(DBN)

Inside the Dysfunctional Relationship of Donald Trump and Theresa May - He ordered her to make people stop protesting against him
(DBN)

How Tough Is the GOP's Midterm Challenge? Just Ask Rodney Frelinghuysen
(DBN)

Gerrymandering's moment of reckoning
(DBN)

How Hedge Funds (Secretly) Get Their Way in Washington
(DBN)

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Tech:

JP Morgan cuts forecasts for Apple's suppliers due to weak iPhone demand
(DBN)

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Currency:

There's a 33 percent chance bitcoin goes to zero, VC Jason Calacanis says
(DBN)

Rapper 50 Cent reportedly made millions selling his album for bitcoin
(DBN)

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Student Debt:

11 Years After Default, I Am Now Free Of Private Educational Debt
(DBN)

Wealthy Americans hold the most student debt
(DBN)

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Celebs:

50 Cent has been sitting on a bitcoin fortune, but forgot about it
(DBN)

Curt Schilling doesn't care what you think
(DBN)

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Autos:

GM Reportedly Rushes to Block Ignition-Switch Settlement, Still Faces Billions in Liabilities
(DBN)

Ford's bleak outlook worsened by outside factors
(DBN)

Ford Workers to Get $7,500 in Profit Sharing
(DBN)

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Biofuels:

RFS Blamed for Refiner Bankruptcy
(DBN)

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Corporate Reform:

CFPB Now a Predatory Lender Protector
(DBN)

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Education:

Bankruptcy judge OK’s ITT loan settlement
(DBN)

Students from defunct ITT Tech get a shot at claiming school’s remaining assets
(DBN)

Plan to bring relief to ITT students gets preliminary OK
(DBN)

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Healthcare:

Equity firm submits winning (and only) bid for bankrupt Arizona hospital
(DBN)

ACA stabilization bill is getting a serious second look
(DBN)

Trump administration seeks new ways to allow people to dodge Affordable Care Act's individual mandate
(DBN)

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Religion:

Church bankruptcy mediator steps down
(DBN)

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UK:

Hellas – a blow to the confidentiality of litigation funding arrangements
(DBN)

Barclays Banker Secretly Taped Saying He Shredded Key Report
(DBN)

JPMorgan CEO Dimon warns more than 4,000 UK jobs could go in a bad Brexit scenario
(DBN)

80% of major government projects are at 'risk of failure' as civil servants struggle to cope with Brexit
(DBN)

R3 comments on the Scottish Insolvency Statistics, Q3 2017-­18 Bankruptcies down in Scotland
(DBN)

Can Britain Hit the Reset Button on Brexit?
(DBN)

Employment hits record high, but wages declining
(DBN)

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PIIGS:

Greece Steps Out of the Naughty Corner
(DBN)

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Canada:

Toronto resident charged with bankruptcy fraud
(DBN)

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India:

India’s bank bailout cures the symptoms, not the disease
(DBN)

Making India’s Banks Whole Again Is a Good First Step
(DBN)

Rescue is on the way for India's troubled banks — but it comes with a catch
(DBN)

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MENA:

IFSB to develop detailed guidance on safety nets in Islamic finance
(DBN)

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Germany:

Air Berlin insolvency to cost German gov't 200 mln euros: report Unsecured creditors of Air Berlin debt are out of luck
(DBN)

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Philippines:

Philippine Treasurer Maps Out Plan to Face Higher Debt Costs
(DBN)

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