January 26, 2018

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Bonuses Coming At The End Of The Month For These Associates
(DBN)

Summer Associate Hiring Slowed at Largest Firms
(DBN)

Akin Gump Names New Bankruptcy Partner
(DBN)

Jones Walker Adds Bankruptcy Partner
(DBN)

Reed Smith Launches Workplace Wellness Initiative
(DBN)

He Wanted To Be ‘More Successful’ In Biglaw — Why A Former Partner Tried To Sell Whistleblower Complaints Lawyers Who Go Rogue - Enigma of Former Akin Gump Partner Jeffrey Wertkin Persists
(DBN)

Mom Owned Law Firm Interview with Jen Lee
(DBN)

Why Aren't Law Schools Admitting More Black Students?
(DBN)

Boutique law firm seeking ‘artisan of prose’ invites essays that make case for Pulitzer Prize losers
(DBN)

Traveling lawyers get new protections in device searches at border
(DBN)

Lawyers Getting Paid in Bitcoin (Mostly) Like It
(DBN)

ABA partners with legal networking site CloudLaw
(DBN)

DLA Piper shakes up billing targets and tech following firmwide crowdsourcing project
(DBN)

How Big is the NewLaw Revenue Suck?
(DBN)

BYU Law’s LawX Lab Releases First Project — Online Tool To Address Debt Collection Defaults
(DBN)

6 Essential Questions that Legal Analytics Can Help Answer
(DBN)

Law Firms Tap Business Acumen in Competitive Market
(DBN)

Trump denies bombshell report that he asked for Mueller to be fired Trump Tired to Fire Mueller. White House Lawyer Threatened to Quit Sean Hannity scoffs at reports that Trump tried to fire Mueller, then backpedals after a Fox News correspondent confirms it Scaramucci interview goes off the rails as he defends Trump over reports the president tried to fire Mueller Trump Will Try to Fire Mueller. Again A 'red line' the president 'cannot cross': Trump may be boxed in over his desire to fire Robert Mueller Missing texts, a mysterious memo, and a 'secret society' — Republicans are going on an all-out assault against the FBI Fox hypes bogus FBI ‘secret society’ dozens of times — then goes silent after it’s revealed as a joke DOJ Recovers Missing Texts from FBI Officials Why the Page-Strzok Revelation Should Terrify Trump Judiciary chairman plans to release Donald Trump Jr. transcript 'I was one of the greatest candidates': Trump implies collusion with Russians was unnecessary to beat Hillary Clinton GOP Panics as Mueller is Making Big Moves Trump Says He ‘Would Love’ to Speak Under Oath in Mueller Probe Trump's Pledge to Speak with Mueller is Almost Word for Word His Promise to Release His Taxes Fox reporter exposes GOP’s ‘bogus’ memo as a ‘weapon of partisan mass distraction’ DOJ to GOP: Don't Release Your FBI Memo Grassley Says ‘Spooked’ Kushner Won’t Agree to Russia Interview I've Watched Trump Testify Under Oath. It Isn't Pretty
(DBN)

Why has Patrick Meehan told us so much about his inner emotional life? Now Rep. Meehan Won't Seek Reelection Spacey's Brother: Worse Than Our Nazi Dad USA Gymnastics Board Told to Resign Will You Be The Next Victim Of Harassment? Stay Away From Grandma The Clown! Biglaw’s Role In Bringing Down Larry Nassar Manhattan Starts Sexual Violence Unit Focused on Workplaces
(DBN)

Man hit by train in quest for perfect selfie
(DBN)

California Considers $1,000 Fine for Waiters Offering Unsolicited Plastic Straws
(DBN)

Partner "embarrassed" he attended sleazy groping gala Berwin Leighton Paisner, Kingsley Napley and Fried Frank lawyers named as Presidents Club guest list is revealed
(DBN)

FBI agent fatally shoots bound kidnapping victim in botched rescue operation
(DBN)

Lawyer’s suit claims hotel valet gave his $300K Ferrari to the wrong guy
(DBN)

The Golden Turd 2018
(DBN)

S--, AI, and the Business of Law
(DBN)

Remembering A Great Legal Thriller
(DBN)

Disabled 69-Year-Old Texas Veteran Fights Back Against Car-Jacker
(DBN)

Bride Walloped Man Who Crashed Her Wedding
(DBN)

Taco Bell Worker Sought In "Hot Burrito" Assault
(DBN)

Cop Drags Woman Off Train for Having Her Foot on Seat
(DBN)

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Judges:

7 Times SCOTUS Justices Received Flak for Mixing With Politics
(DBN)

Judicial Independence: Easy parts and hard parts
(DBN)

The war to confirm Trump's judicial nominees is heating up again
(DBN)

The 1st Circuit has had it with contemptuous serial appealer
(DBN)

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Wall Street:

Fresh records likely for Dow, S&P 500 as dollar drops anew ahead of GDP US futures point to a positive open ahead of GDP, Trump speech
(DBN)

US stocks end the session mixed. Dow/S&P records.
(DBN)

Why interest rates could be the 'fly in the ointment' for the market
(DBN)

U.S. Stock Rally Sparks Longest ‘Overbought’ Streak in 21 Years
(DBN)

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Layoffs:

Boston: Zoots Bankruptcy Leads to Lost Paychecks for Employees
(DBN)

Kellogg to lay off more Battle Creek workers
(DBN)

Carrefour to cut up to 1,233 jobs
(DBN)

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Retailing:

Nine West And Creditors Near Deal That Calls For Asset Sales, Bankruptcy
(DBN)

U.S. wage growth, tax-bonuses spark shopping in retail stocks
(DBN)

Here's what Toys "R" Us store closures mean for Amazon, Mattel, and others
(DBN)

Consumers Beware: Amazon Monopoly Will Price Gouge
(DBN)

South African union, pension fund join forces over Steinhoff
(DBN)

How Sears CEO Eddie Lampert May Come Out Ahead, Even If Retailer Dies
(DBN)

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Politics:

Oprah shuts down rumors of a 2020 presidential run: 'I don't have the DNA for it'
(DBN)

They spoke out against immigrants. So she unearthed their own immigrant ancestors
(DBN)

The White House talking points on their immigration plan Trump: 'I'm willing to shift more' on DACA, and so are immigration hardliners in Congress Trump Proposes Citizenship for 'Dreamers' in Exchange for Wall, Other Concessions Cruz Blasts Citizenship Path for Dreamers Suggested by Trump Trump proposes a path to citizenship for 1.8 million 'Dreamers' in exchange for billions in wall funding Trump is dead-set on ending 'chain migration' in the immigration deal — here's what it is Justice Department threatens subpoenas in showdown with sanctuary cities and states Jeff Sessions Escalates His War Against Urban America
(DBN)

Release the Dutch Evidence of the DNC Hack
(DBN)

Air Force One needs new refrigerators — that'll be $24 million
(DBN)

From Maine to Colorado, new candidates fed up with partisan fighting are running as independents — and they could upend the status quo
(DBN)

GOP Senate candidate flips out over ‘women’s rights’: ‘I want to come home to a cooked dinner every night’
(DBN)

The White House asked to borrow a van Gogh. The Guggenheim offered a gold toilet instead.
(DBN)

Heritage Foundation Says Trump Has Embraced Two-Thirds of Its Agenda
(DBN)

Vincente Fox's Op-Ed on Trump
(DBN)

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Education:

Propping Up a High-Price Model of Higher Education: In re Pratola
(DBN)

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Economy:

The Fed’s Neel Kashkari has a message for Trump: 'Robust immigration levels are vital' to the economy
(DBN)

Kansas City Fed: Regional Manufacturing Activity "Growth Strengthened Further" in January
(DBN)

Half of Small-Business Owners Give Administration High Marks
(DBN)

Economic Issues Decline Among Public’s Policy Priorities
(DBN)

Weekly Initial Unemployment Claims increase to 233,000
(DBN)

U.S. GDP could hit 3% again and match best streak since 2005
(DBN)

Moody's: Tax Cuts' Limited Impact on Economy Home Depot is also giving its staff a $1,000 bonus after tax cuts Congress Used Shutdown to Cut More Taxes Companies announce layoffs alongside tax cut bonuses Wall Street thinks tax reform will give a huge boost to one crucial area of the market Surprise! Private Equity Industry Will Make Money On Allegedly Unfavorable Tax Plan Walmart: So Much for the Tax Cut Promises Apple's Bogus Claim That The GOP Tax Cut Is Making It Spend More In The U.S. Is Just A PR Sop To Trump GOP Tax Cuts May Not Be Driving Corporate Generosity To Workers What Tax Cut? An Invisible Policy Change One way to play the new tax law: Start an LLC
(DBN)

Trump Out to Show Davos Elite He Knows Best Trump arrives in Davos 'to tell world how great America is' Why Davos Is Wild About Trump's Tax Cuts I see 'irrational complacency' in Davos, and asset 'bubbles everywhere' — billionaire Jeff Greene Will Donald Trump Be Delivering Davos Speech To An Empty Room? African officials to walk out of Donald Trump's Davos speech in wake of 's-------' remarks Why Donald Trump Will Be Welcome in Davos President Trump, what we'd like to hear you say in Davos 'We want peace and prosperity' says Trump as he storms Davos with offers of better trade deals and pleas for big business to invest in America Everyone at Davos is talking about 'Larry's letter' A Reality Check to Translate the Chatter of Davos Trump Wins Over Global Elites at Davos Why Trump's Davos Speech Should Concern Investors Trump to tell Davos he won't tolerate trade abuses or intellectual property theft In Davos Trump Warms to NAFTA and TPP Trump: I would reconsider massive Pacific trade deal if it was 'substantially better' Inequality in America stalks Trump, CEOs and billionaires at Davos
(DBN)

Trump: U.S. growth will be 'much higher' than 3%
(DBN)

Is the US consumer in big trouble?
(DBN)

Steven Mnuchin is trying to fix 'the first serious economic misstep by the Trump administration' Trump says Mnuchin's comments on the dollar were 'taken out of context' Weak Dollar Policy Could Kill the Economy This whole US dollar debacle is a perfect example of what the Trump administration does best Dalio To Mnuchin: Don’t Be Stupid, You Moron Hedge fund billionaire Dalio rips Mnuchin's dollar position as 'a hidden tax' No gap between Trump's and Mnuchin's stance on dollar strength, official says in Davos
(DBN)

Trump bump fades for dollar as investors brace for GDP
(DBN)

Trump fudges NAFTA trade facts
(DBN)

Trump could burn his own farm state base with a NAFTA withdrawal
(DBN)

Canada, Mexico May Keep NAFTA Investor Dispute System Without U.S.
(DBN)

Trump is 'using the dollar as part of trade policy' but a stock market selloff could put an end to that
(DBN)

Protectionism Can't Fix Trade Imbalances
(DBN)

Read President Trump's full remarks on trade deals to CNBC
(DBN)

The 'Doomsday Clock' has moved back to its most alarming position in the symbol's 71-year history
(DBN)

In Defense of Good Old Per Capita GDP
(DBN)

Why It Costs So Much to be Poor in America
(DBN)

The Highest Paying Jobs with the Most Growth Potential in 2018
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

US new home sales post largest drop in nearly 1-1/2 years Comments on December New Home Sales New Home Sales decrease to 625,000 Annual Rate in December
(DBN)

Trulia: Rent prices jumped 3.1% in 2017
(DBN)

NJ leads the nation in foreclosures
(DBN)

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Municipalities:

Puerto Rico offers fiscal plan settling debt for pennies on the dollar
(DBN)

Puerto Rico’s Fiscal Plan Leaves Nothing for Bondholders
(DBN)

Hurricane-Torn Puerto Rico Says It Can’t Pay Any of Its Debts for 5 Years In Bleak Forecast, Puerto Rico Sees No Debt Payment Ability Until 2022 Puerto Rico unveils revised fiscal plan: No debt service funds for the following 5 years
(DBN)

Puerto Rico Bondholders, Undeterred by Plan, Await Day in Court
(DBN)

Harvard's Endowment Is Profiting From Puerto Rico's Debt Activists Urge Harvard, Yale to Divest
(DBN)

Puerto Rico's 3-way duel to control the power company
(DBN)

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Oil/Gas:

Why Oil May See Price Spikes
(DBN)

Financial adviser testifies she tried to dissuade Cantu from investing with FourWinds
(DBN)

Can Venezuela Save Its Oil Industry?
(DBN)

Oil boosted by dollar weakness, but headwinds loom
(DBN)

Oil And Gas Industry Plans Capex Hike
(DBN)

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Telecoms:

OK, Now Imagine Net Neutrality Is a Flame Grilled Whopper Burger King Explains Net Neutrality Better Than A Million Tech Journal Articles
(DBN)

New York to Enforce Net Neutrality
(DBN)

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Horticulture:

Clinton Nurseries files for bankruptcy
(DBN)

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Golf:

Attleboro's Highland Country Club files for bankruptcy
(DBN)

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Biofuels:

Senator Says RFS “Must be Fixed” Following Refiner Bankruptcy
(DBN)

Small US Refiners Wants Biofuel Waivers
(DBN)

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Fraud:

Fraudster alleged to have hired professional makeup artist to make him look like Orthodox Jew
(DBN)

Owner of Austin vault accused of fraud in missing gold
(DBN)

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Healthcare:

Too many lawsuits or bad nursing home care? What's behind bankruptcy, injuries, deaths at Texas-based chain
(DBN)

Fixing Obamacare nearly as important to Republican voters as paying for Trump's border wall
(DBN)

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Currency:

Trump official says cryptocurrency is being used for 'illicit activities' and must be regulated
(DBN)

BlackRock's Larry Fink Calls Cryptocurrencies 'An Index of Money Laundering'
(DBN)

World Leaders Are Talking Crypto at Davos
(DBN)

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Finance:

The J.G. Wentworth Company Successfully Completes Financial Restructuring
(DBN)

I Urgently Want to Report the Deaths of the Non-Con Opinion (But Probably Cannot…Yet)
(DBN)

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Coal:

Coal country at the crossroads
(DBN)

Perry: The U.S. Will Give The World “A Better Life Through Fossil Fuels”
(DBN)

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New Bankruptcy Opinions
(7 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (12 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (13 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:

Total Bankruptcy Filings, 1980-2017
(DBN)

Commercial Bankruptcy Filings Increase in 2017: Are more bankruptcies ahead?
(DBN)

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Avoidance Actions:

Limiting Ponzi Scheme Recoveries in Bankruptcy: United States Supreme Court Declines to Review Fraudulent Transfer Ruling in Favor of Bank
(DBN)

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Venue:

Bankruptcy legislation could devastate Delaware
(DBN)

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Conflict of Laws:

Brief of Professors of Conflict of Laws As Amici Curiae in Support of Appellants, in Re. Irving H. Picard, Trustee for the Liquidation of Bernard L. Madoff Investment Securities LLC
(DBN)

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IP:

Split First Circuit Prevents Non-Debtor Licensee From Using Rejected Trademark License
(DBN)

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Litigation Finance:

Cayman Islands ruling advances litigation finance
(DBN)

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Bankruptcy Crimes:

Former neurosurgeon’s bankruptcy trial halted due to new plea deal: 5 things to know
(DBN)

Stamp Farms owner, 2 others indicted in bankruptcy fraud scheme
(DBN)

Trucking Company Owner Sentenced To 18 Months In Prison For Tax Evasion And Bankruptcy Fraud
(DBN)

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Electricity:

What else that report handicapping SCE&G bankruptcy odds told us
(DBN)

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Corporate Reform:

Financial regulators too often think "this time is different"
(DBN)

Trump says cutting regulations 'was every bit as important as what we did with the tax cuts'
(DBN)

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Student Debt:

Senators to ED: Justify or End Contracts With Private Loan Collection Agencies
(DBN)

Student loan debt: Not just for kids anymore
(DBN)

How Student Loans Are Killing Homeownership
(DBN)

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Autos:

Worthless Auto Trade-Ins Signal Riskier Loans
(DBN)

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Debt Collection:

7th Circuit says debt collectors cannot simply copy and paste safe harbor language
(DBN)

Mulvaney Suggests Debt Collection Rules May Be Coming
(DBN)

Getting Private Collection Agencies Out of Federal Student Loans
(DBN)

CFPB to Prioritize Debt Collection Rulemaking
(DBN)

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Solar:

The US Solar Industry Has Been Dead For Years, So Why The Tariffs?
(DBN)

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UK:

Carillion collapse triggers loan defaults at projects with HICL Carillion bosses to be grilled as MPs launch inquiry It's a sign of the Conservatives' intelligence that they took a £50,000 donation from a hedge fund betting on Carillion's bankruptcy
(DBN)

Administrators removed over sale of failed UK unicorn
(DBN)

Important insolvency principle survives Azeri assault
(DBN)

Trump says he is 'on the same wavelength' as Theresa May 'in every respect' She likes me, she really likes me! President Trump predicts 'tremendous increase' in UK-US trade With Trump Meeting, May Looks to Keep UK on Global Map 'We love your country,' Trump tells May
(DBN)

Trump's state visit to the UK is now set to take place in 'second half of 2018'
(DBN)

Donald Trump apologizes for retweeting anti-Muslim hate videos from Britain First
(DBN)

A NAFTA negotiator's anecdote about feta cheese from Vermont explains why a US-UK Brexit trade deal will be harder than most people think
(DBN)

May says world cannot pull in different directions on trade
(DBN)

Barclays Chief Told May to Sacrifice Single Market Access
(DBN)

'Brexit is going to be damaging,' says IFS chief Paul Johnson, it 'just has to make us worse off'
(DBN)

Goldman Warns on Irreversible Brexit Plans
(DBN)

London court backs Sberbank, Franklin Templeton on IBA debt restructuring
(DBN)

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Canada:

Carillion Canada files for bankruptcy protection
(DBN)

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France:

France to shut all coal-fired power stations by 2021, Macron declares
(DBN)

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MENA:

Moody's: Egypt's new bankruptcy law is credit positive for banks
(DBN)

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India:

SC Bars HC From Hearing The Constitutional Validity Of Insolvency and Bankruptcy Code /NCLT
(DBN)

Allow promoters of SMEs facing insolvency to bid for their own companies: expert body
(DBN)

India’s bad loans shrink from record high to 9.46 lakh crore after insolvency law
(DBN)

Bankruptcy Code Amendment: Parliament confirms bidding restrictions
(DBN)

Is bankruptcy code working? Bank NPAs begin to shrink from record high The Insolvency and Bankruptcy Code: The journey so far A year later, the Insolvency and Bankruptcy Code is still evolving
(DBN)

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Singapore:

Noble says talks with creditors, investors 'constructive'
(DBN)

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