July 10, 2018

The Daily Bankruptcy News

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Law:

The Top Biglaw Players Who Are Still Holding Out On Raises
(DBN)

Salary Wars Scorecard: The List Of Firms You Should Consider For Lateral Moves
(DBN)

If You’re Hoping To Make Partner, These Biglaw Firms Will Treat You Right
(DBN)

ABA At Risk Of Being Fiscally Nonviable, Internal Memos Say
(DBN)

Resnik Hayes Moradi LLP Firm Announcement
(DBN)

US expansion among priorities as Eversheds Sutherland sets out plans for year ahead
(DBN)

Magic circle associate alleges assault by partner and slams firm's handling of investigation
(DBN)

Court Battle Could Expose ‘Secretive’ Law School Accreditation
(DBN)

Stagnant Progress on Law Firm Diversity Can't Continue
(DBN)

Meet a convicted felon who became a Georgetown law professor
(DBN)

The Struggle Over the Meaning of the 14th Amendment Continues
(DBN)

ADA lawsuit about Florida Bar examiners’ mental health requirements allowed to proceed
(DBN)

Rudy Giuliani blasts Michael Cohen's new lawyer, saying he lied for Bill Clinton during the Monica Lewinsky scandal Michael Cohen's new lawyer Lanny Davis fires at Trump and Rudy Giuliani over 'truth' Giuliani says Trump legal team wants 'factual basis' for Mueller interview Manafort Says Change Venue, Fears Beltway Clinton Bias Fox: Trump Taking Fifth 'Catastrophic Politically'
(DBN)

The Fast and Furious Michael Avenatti
(DBN)

Former FBI Lawyer Lisa Page to Face Questioning About Anti-Trump Texts
(DBN)

Welcome to the Hamptons, Alan Dershowitz. The Party Is Waiting Dershowitz: Trump Should Not be Impeached Even if He Colluded with Russia
(DBN)

Trump Can't Meet Deadline for Reunifying Young Kids, ACLU Says Trump admin to reunite 54 young children with their parents by Tuesday — half of what a judge ordered Federal judge rejects Trump's request to allow long-term detention of immigrant kids As U.S. struggles to reunify migrant families, judge extends deadline Short film dramatizes difficulties of children representing themselves in immigration court Army recruit promised pathway to citizenship says she feels "screwed" McKinsey ends work with ICE amid furor over immigration policy
(DBN)

Model Sues GOP Funder, Avenatti And Former Lawyer
(DBN)

Weinstein pleads not guilty to new assault charge Released on Bail Former Deloitte employee claims company blocked harassment investigation
(DBN)

Trump being sued for allegedly stiffing his ex-chauffeur
(DBN)

He tried to use his burning car to light a cigarette, witnesses say. Now he's been arrested for DUI
(DBN)

Woman Calls Police on Black Man Wearing Socks in a Community Pool, Gets Fired
(DBN)

Fast Food Chains' Non-Compete Job Scam
(DBN)

There is no constitutional right to cash money bail, 3rd Circuit rules
(DBN)

Police: Woman resisting arrest runs over officer
(DBN)

How Netflix’s ‘The Staircase’ illustrates the inequities of our justice system
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Judges:

Senate Battle Lines Drawn With Kavanaugh As Trump's Pick Brett Kavanaugh Is Trump’s Pick for Supreme Court Trump Picked Kavanaugh. How Will He Change the Supreme Court? What you need to know about Trump’s Supreme Court nominee Brett Kavanaugh President Trump Chooses Brett Kavanaugh for Supreme Court Vacancy Where Brett Kavanaugh sits on the ideological spectrum Who is the Real Brett Kavanaugh? A Liberal’s Case for Brett Kavanaugh SCOTUS Nominee Brett Kavanaugh In His Own Words: 'Tune Out the Crowd Noise' Meet President Trump’s Supreme Court Nominee: Judge Brett M. Kavanaugh! Brett Kavanaugh Supported Broad Leeway For Presidents Under Investigation Brett Kavanaugh Is Devoted to the Presidency Kavanaugh Has Seen Legal World From Many Sides Trump's Supreme Court pick weighed in on 2 thorny issues that could be pertinent to the president How a private meeting with Kennedy helped Trump get to ‘yes’ on Kavanaugh Alliance Defending Freedom gains influence with Supreme Court wins Five things to know about Supreme Court nominee Brett Kavanaugh Where does Brett Kavanaugh, Trump's Supreme Court pick, stand on abortion? Supreme Court nominee Brett Kavanaugh previously voted against giving an undocumented teen access to abortion Karl Rove: Brett Kavanaugh Was Central to All Policy Decisions in Bush White House Trump's SCOTUS Pick Allegedly Called Clinton a B---- Conservative and Liberal Groups Gird for Battle Over Kavanaugh Kavanaugh faces an uphill confirmation fight in the Senate Trump's Supreme Court pick: Democrats will fight hard to stop Kavanaugh but he has few vulnerabilities Why Brett Kavanaugh is confirmable The Anticlimax of Trump’s Supreme Court Announcement Trump’s most powerful, durable move Trump invited these red-state Democrats to his Supreme Court announcement. They all said no What they’re saying: Key senators on Trump’s Supreme Court nominee U.S. Kavanaugh Speech Namechecked the Women in His Life Supreme Court nominee has been a foe of emissions rules Kavanaugh on Guns, Abortion, Environment There’s So Much You Don’t Know About Brett Kavanaugh Seven Brett Kavanaugh Opinions That Will Find Renewed Attention Who Is Brett Kavanaugh? A Supreme Court Reading Guide
(DBN)

5th Circuit criticizes federal judge for alleged sexist remark about simpler times Fifth Circuit Gives Well-Deserved Benchslap To Trial Judge Over Sexist Remarks
(DBN)

Thomas Hardiman, one of Trump's Supreme Court finalists, lost out on the nomination twice in a row
(DBN)

This judge was the runner-up to Neil Gorsuch when Trump made his 1st Supreme Court pick — now he has new momentum
(DBN)

What McConnell reportedly said about Trump’s potential Supreme Court nominees
(DBN)

Trump making Supreme Court pick to cement conservative majority
(DBN)

The 'McConnell Rule' is law, and Senate Democrats should sue to enforce it
(DBN)

Trump set to make Supreme Court even more pro-business
(DBN)

Conservative advocate praises Trump's SCOTUS list
(DBN)

These senators will make or break Trump's Supreme Court nominee
(DBN)

Two nominees are now Trump's greatest focus for top court, NBC News says
(DBN)

Pro-Trump America First Policies targets red-state Democrats in battle to push Supreme Court nominee
(DBN)

The narrow margin to confirm Trump's SCOTUS pick
(DBN)

Covington's Jon Kyl to Serve as SCOTUS Nominee's 'Lead Sherpa'
(DBN)

Judge Who Gave Himself Stellar Reviews Gets Disbarred
(DBN)

Orrick Touts ‘Constellation Model’ for SCOTUS Arguments
(DBN)

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Wall Street:

Dow set to catch its breath after racking up 320-point rally US futures edge higher as trade turmoil takes a backseat and earnings filter through
(DBN)

Dow's 320-point rally puts blue-chip benchmark back in positive territory for 2018
(DBN)

Third of sovereign funds plan to cut equity holdings, cite trade war fear
(DBN)

‘This rally in stocks is a last hurrah!’ warns Guggenheim’s Minerd
(DBN)

Buybacks Are The Only Force Propping Up The Stock Market
(DBN)

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Layoffs:

Democrats push private equity for Toys "R" Us worker severance KKR may pay severance to idled Toys 'R' Us workers
(DBN)

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Radio:

A Bidding War Brews Over Bankrupt iHeartMedia
(DBN)

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Student Debt:

Women's student debt loads nearly twice men's
(DBN)

What Happens When You Stop Paying Your Student Loans
(DBN)

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Autos:

Annual Vehicle Sales: On Pace to increase slightly in 2018
(DBN)

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Climate:

The Places in America Most Likely to Flood from Rising Sea Levels
(DBN)

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Economy:

Consumer credit growth accelerates sharply in May
(DBN)

Growth Benefits of U.S . Tax Cuts May Be Overestimated
(DBN)

Richard Branson Says It's Time For Universal Basic Income California's 'foreclosure capital' to give away $500 a month to residents in experimental welfare program
(DBN)

One Sure Way to Hurt the U.S. Economy? Cut Immigration
(DBN)

US consumers and businesses are already starting to feel the pain from Trump's trade war, and the worst is yet to come Trump's Trade War Has Its First Victims in the U.S. and China. Here's Who They Are US Trade War Was Decades in the Making The future of the U.S.-China trade war China Trade War Off To Mild-Mannered Start. It's Going To Get Worse Red-state governor sticks with Trump on China trade war but warns US farmers can’t take much more pain With Trump's Tariffs In Effect, China Expands WTO Fight Trump's tariffs: What they are and how they will work Chinese customs clears some U.S. goods as new tariffs take effect: sources Germany and China sign deals, lobby against US trade tariffs Trump's tariffs have Chinese exporters racing to shift tactics Trump's tariffs divide a county in Missouri In Tennessee, Trump's tariffs become a political issue BMW: Tariffs mean higher prices in China for US-made SUVs As Tariffs Bite, Who Are the Winners and Losers? Steel tariffs are needed because China won't trade fairly China attempts to get closer with Europe after Trump slaps new tariffs on Beijing As China prepares new tariffs, Wisconsin ginseng farmers already feeling the effects Arkansas farmers fear soybean tariffs as trade war escalates Farmers the First Casualties in Trump's Trade War Americans Say China Trade Unfair, Trade With Canada, EU Fair China’s Taste for Soybeans Is a Weak Spot in Trade War With Trump Merchandise Trade Deficit With China Hit Record Through May China’s war on U.S. soybeans will be hard to sustain LA Port Will Likely Feel Effects From U.S.-China Trade War Why America’s cheese capital is at the center of Trump’s trade war In this small steel town, Trump's tariffs have been met with a sigh of relief Tesla Auto Prices Raised In China In Response To Tariffs Tesla’s Elon Musk to visit China amid trade-war woes: report Effect of Tariffs on U.S. and Chinese Economies Canada’s Import Tariffs On U.S. Goods Go Into Effect To appreciate the futility of Trump’s trade war, consider the iPhone Trump’s trade war was decades in the making How China could hurt US once it ran out of imports to tax Trade Wars Risk Sparking Mass Currency Devaluations Could Trump’s tariff war lead to a ‘Reagan moment’ in global trade? Trump's China Tariffs Don't Apply to Ivanka
(DBN)

Heavy tariffs on China’s goods could lead to a credit implosion, followed by a recession
(DBN)

Workers are the new weapon as states go to extremes in the battle for business
(DBN)

Goldman: Higher Wages Could Hurt Profits
(DBN)

Small-business sentiment dampens slightly in June from high level, NFIB says
(DBN)

Study: Paid family leave proposal would accelerate Social Security's insolvency
(DBN)

The wage gap starts earlier than you might think Even the gig economy has a wage gap The wage gap starts at home: Boys are paid more than girls for household chores
(DBN)

For workers, U.S. falls short versus most developed nations
(DBN)

U.S. Heavy Truck Sales up Year-over-year in June
(DBN)

Is college still worth it? : Re-examining the college premium
(DBN)

The countries with the 10 largest gold reserves
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

Homeowners are sitting on a record amount of cash – and not tapping it
(DBN)

Black Knight Mortgage Monitor for May
(DBN)

El Paso: Offer for Abraham's buildings: $10.4M
(DBN)

Disastrous Deal Staggers Trump Ally Thomas Barrack
(DBN)

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Municipalities:

Still recovering from hurricane, Puerto Rico prepares for remnants of Beryl
(DBN)

Hurricane Maria drives Americans to invest in Puerto Rican homes
(DBN)

Puerto Rico Should Invest In Its Own, Not Just In Outsiders
(DBN)

The 15 cities with the most jobs that pay $100,000 or more
(DBN)

GOP Lawmakers Push to Make It Harder to Raise State Taxes
(DBN)

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Oil/Gas:

Seadrill emerges from depths of bankruptcy
(DBN)

U.S. Sanctions Could Add $50 To Oil Prices
(DBN)

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Coal:

Munich Re Ignores Trend, Continues To Insure Coal Cos.
(DBN)

Decline in Indian Power Plant Coal Imports Signals Distress
(DBN)

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Travel:

FAA declines to put a stop to the ‘incredible shrinking airline seat’
(DBN)

Airline Restrooms Getting Smaller
(DBN)

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Education:

ITT's top executives settle fraud charges with SEC
(DBN)

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Nuclear:

The steel wasted in SC's failed nuclear project is enough to build an NFL stadium
(DBN)

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Healthcare:

Elizabeth Warren's claim on number of medical bankruptcies greatly overstated, study shows
(DBN)

Where the money stands in ACA risk adjustment
(DBN)

India can teach the U.S. to slash health-care costs by 40% — without rationing care
(DBN)

This is the harsh reality about health care costs in retirement
(DBN)

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Banking:

Deutsche Bank hires Cerberus to help tackle costs
(DBN)

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Corporate Reform:

Small Banks Warn Fed on Plan to Relax Limits on Wall Street
(DBN)

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Agriculture:

Turner Grain sides file plan to settle
(DBN)

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Footwear:

Adidas Files Objection To Rockport Bankruptcy Sale
(DBN)

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Golf:

Nature runs its course at abandoned Stamford country club
(DBN)

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Movie Theaters:

The spectacular rise and fall of MoviePass
(DBN)

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Entertainment:

Quentin Tarantino Tries to Block Sale of The Weinstein Company Over Millions Owed Clooney and Streep among stars objecting to Weinstein Co sale Brad Pitt, Meryl Streep, Quentin Tarantino, Others Raise Objections to Weinstein Co. Sale Provisions Hollywood Who’s Who Raise Objections To Weinstein Co. Sale
(DBN)

Lantern Entertainment To Create $8.75 M Fund For The Weinstein Co.’s Unsecured Creditors
(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 (24 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (10 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)

Chapter 11 Bankruptcy Case Studies
(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:

Weekly Bankruptcy Claims Trading Activity
(DBN)

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Bankruptcy Professionals:

Bankruptcy Court Rules Section 327 Inapplicable to Certain Management Consultant Retentions
(DBN)

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Plan Confirmation:

Ya Gotta Have [Good] Faith: Court of Appeals for the Ninth Circuit Holds That in the Context of Plan Voting, a Bad Faith Showing Requires More Than a Negative Impact on Creditors
(DBN)

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Bankruptcy Research:

The Effect of Creditor Rights on Capital Structure, Investment, Profitability, and Risk: Evidence from a Natural Experiment
(DBN)

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Miscellaneous:

Rochelle
(DBN)

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Pharma:

Trump blasts Big Pharma for raising drug prices "for no reason" Trump Attacks Pfizer Over Drug Prices in Latest Dig at Industry Trump says Pfizer, others 'should be ashamed' for raising drug prices
(DBN)

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Politics:

With 36 governorships up for grabs in the midterm elections, Republicans have most to lose
(DBN)

Trump trashes NATO 2 days before summit Trump Sets Stage For NATO Showdown As He Ties Defense To Trade Trump has NATO nervous as Putin meeting, spending demands loom over coming summit Whose side is Trump’s America on?
(DBN)

Under New Management: Trump's ‘fresh eyes’ sparks massive federal reform
(DBN)

The Progressive Populist Who Wants to Help Democrats Win Back the Rust Belt
(DBN)

Trump Says He’s Confident Kim Will Denuclearize Trump: Kim Jong Un will honor 'our handshake'
(DBN)

Trump Jr. Pleads With Hillary Clinton to Run Again
(DBN)

GOP Gov. John Kasich, who is undecided on a White House run, rips Trump's tariffs
(DBN)

'Those are stupid people': Trump reportedly tried to calm Putin after he complained that White House officials were trying to stop them from speaking
(DBN)

GOP Worries Nazis, Supremacists Will Run
(DBN)

Scott Pruitt May Rise Again in Oklahoma
(DBN)

Dems mull whether Warren is the one to take on Trump
(DBN)

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Retailing:

Lawmakers want answers in the death of Toys R Us
(DBN)

Toys 'R' Us Has Prospective Buyers Circling Like Vultures
(DBN)

Oaktree Expected to Make Bid for Claire's
(DBN)

Prime Day sales poised to surge 40%
(DBN)

Nordstrom plans to open more stores with no inventory in Los Angeles, New York
(DBN)

City moves forward with plans to place lien on mall
(DBN)

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UK:

Boris Johnson resigns as foreign secretary in major Brexit blow to Theresa May Why Didn't Boris Johnson Get Fired Before He Quit? Jeremy Hunt to replace Boris Johnson as UK foreign secretary Foreign Secretary Boris Johnson quits UK government in mounting Brexit crisis British Prime Minister May says Parliament should prepare for several outcomes, including the possibility of no Brexit deal How Theresa May’s government reached the verge of collapse The Pound’s Fate Hangs On Johnson's Replacement UK Steps Up Planning For Hard Brexit As Top Ministers Quit Will Theresa May Resign? Crisis Erupts Over Brexit May fights to contain Brexit crisis after Davis and Johnson quit May heads for Brexit crunch talks following a day of Cabinet resignation chaos Will Theresa May Still Be PM for Trump Visit? The End of the Brexit Illusion
(DBN)

U.K. stocks wobble as Brexit turmoil casts shadow over government
(DBN)

U.K. economy grew 0.2% in three months to May, up from flat growth in April
(DBN)

Carillion Putting Insolvency back on the agenda? Carillion collapse exposed flaws in UK government policy - MPs
(DBN)

Income of Scotland’s super rich soars as record numbers of Scots struggle to pay council tax bills
(DBN)

Solid showing for insolvency specialist Begbies Traynor
(DBN)

Jobs at risk as creditors approve The Original Factory Shop's CVA
(DBN)

The Reuben Brothers Tried To Block House Of Fraser Restructuring Plans
(DBN)

UK warned that Carillion collapse may not be last
(DBN)

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EU:

Europe Deep Dive
(DBN)

Future EU Regulation proposed to address conflicts of law on the assignment of receivables
(DBN)

A Journey Down Austria's Path to the Right
(DBN)

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PIIGS:

A Major Shift of the Italian Supreme Court on Bankruptcy Buy-Outs (concordati fallimentari)
(DBN)

Greece's Financial Odyssey
(DBN)

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Canada:

Nearly 30% Of Canadians Fear Bankruptcy As Bank of Canada Nears Rate Decision
(DBN)

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India:

McKinsey apologizes for overcharging Eskom
(DBN)

Bankruptcy law is the push Indian companies needed to pay up Under New Bankruptcy Law, Firms Clear Rs. 830 Billion In Dues: Official New bankruptcy law has instilled fear among debt holders: IBBI chairman Sahoo
(DBN)

IBBI prohibits Empanelment of Insolvency Professional Entities with Market Participants
(DBN)

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Argentina:

The Argentine peso has lost more than a third of its value this year. A recession appears inevitable
(DBN)

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China:

China’s economic reform is falling short — and patience is growing thin, says report
(DBN)

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