July 11, 2018

The Daily Bankruptcy News

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3-Column Formating

 

Law:

$190K? That’s Old News. Kasowitz Comes Over The Top On Base Associate Salary.
(DBN)

Median pay for public service lawyers rises modestly, NALP reports
(DBN)

Law Firm Panels, Part II: Are Clients Demotivating Their Law Firms?
(DBN)

Last Woman Standing At World Series Of Poker Tournament Is A Lawyer
(DBN)

About Those Law Firms That 'Nurture' Women
(DBN)

Sullivan & Cromwell on top with 84 deals totaling $259.7 billion
(DBN)

Theft, Bias and Retaliation Claims Fly in Ex-Partner’s Fight With Wilson Elser
(DBN)

The Cost to Law Firms of Ignoring Harmful Workplace Behavior
(DBN)

Er, no, the Am Law 200 is NOT stratifying
(DBN)

Apple releases iOS 11.4.1 with Exchange and security improvements
(DBN)

ABA Wins Early Round Against Florida Coastal Law in Accreditation Suit
(DBN)

Junior lawyer tells MPs she was ‘assaulted’ by magic circle partner
(DBN)

‘Finders Keepers, Losers Weepers’ Doesn’t Work For Lawyers
(DBN)

Autopsy Report Reveals New Details In Dan Markel's Murder
(DBN)

Ga. Ranch of Lawyer and Convicted Murderer Tex McIver Is on Auction Block
(DBN)

Law Librarians Claim Little Progress in Bundling Fight With LexisNexis
(DBN)

California prosecutor is on leave after social media rants about Maxine Waters and Michelle Obama Deputy District Attorney Says Some Vile, Racist, Sexist Stuff. Lawyers Still, Somehow, Come To His Defense.
(DBN)

Plaintiffs Lawyer Donziger Suspended in Wake of Judge's Findings of 'Fraud' and 'Coercion'
(DBN)

Giuliani still advising foreign clients while serving as unpaid Trump attorney Michael Flynn due back in court Tuesday Michael Flynn wants to be sentenced sooner for lying in Russia probe Michael Flynn joins global lobbying firm founded by foreign agent Flynn's lawyers say he hasn't joined lobbying firm, hours after firm's announcement House panel subpoenas former FBI lawyer Lisa Page Cohen's attorney fires back at Giuliani Judge orders Manafort to jail closer to trials Manafort asks judge to rescind order moving him to Alexandria Thanks to Judge T.S. Ellis, Something Went a Little Bit Right for Paul Manafort's Defense
(DBN)

Constitutional Law Expert Calls Out Dershowitz for Being Wrong About Controversial Impeachment Claim
(DBN)

Ty Cobb Went To A Scum Punk Show — Let’s Guess His Favorite ‘Copstabber’ Lyric!
(DBN)

Religious Parents Get Prison on Baby's Death
(DBN)

President Trump pardons Oregon ranchers whose case led to refuge occupation How Trump's pardons stack up to his predecessors The Hypocrisy of the Oregon Rancher's Pardon
(DBN)

It’s Time to Stop Calling it ‘The Great Migration’
(DBN)

The Trump administration might have separated a child and parent who are both US citizens Trump Admin is Now Admitting They 'Might Be' Detaining and Separating U.S. Citizens Four immigrant kids reunited with parents so far after separation from families, 34 expected to be reunited Tuesday: Trump administration Feds miss deadline to reunite all immigrant kids under 5 with families Government Told Immigrant Parents to Pay for DNA Tests to Be Reunited With Kids HHS: By end of day, 38 migrant children will be reunited with parents She was seeking refuge. She had no idea they would take her son away from her A 92-Year-Old Grandpa Was Beaten With A Brick And Told To "Go Back" To His Country (He's A Lawful Resident of the US) Trump: 'Tell people not to come ... illegally' A new court ruling officially opens the door for Trump to separate some migrant families again Army Turns in Couple Visiting Soldier Son-in-Law to ICE Immigrant recruit abruptly booted from Army without explanation Trump appears to walk back 'zero tolerance' immigration policy as family reunification deadline looms Report: Trump administration returning to 'catch and release' strategy Racial resentment is the biggest predictor of immigration attitudes, study finds Texas property owners getting notices from Trump admin about surveying land for border wall: report
(DBN)

Picking Up Immigrants on Roadside Gets Lawyer Arrested
(DBN)

Driver told cops he only drank bourbon at stop signs, signals
(DBN)

Teacher pleads not guilty to allegedly feeding puppy to turtle in front of class
(DBN)

10 Firefighters Arrested on Dozens of Arson Charges
(DBN)

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Judges:

Kennedy agreed to retire if Trump promised to replace him with Brett Kavanaugh? While he was eager to keep the suspense alive, the president was always leaning toward Kennedy’s former clerk How Brett Kavanaugh, the 'Forrest Gump of Republican politics', rose to become the Supreme Court's most pivotal nomination in decades Let’s All Speculate Wildly About Brett Kavanaugh Kavanaugh Lifts Georgetown Prep to 2-0 With Trump Supreme Court Picks Don’t Let Them Gaslight You Into Supporting Brett Kavanaugh Republican strategist: Brett Kavanaugh not a "right-wing extremist" Expect Kavanaugh to shift the court rightward -- how far no one knows Trump Supreme Court pick Kavanaugh favors shielding presidents from investigations while in office Why Kavanaugh's views on presidential power could become focus Schumer FactCheck: Kavanaugh said presidents shouldn't be investigated Kavanaugh’s ‘Radical’ Stance on Not Indicting Presidents Has Been DOJ’s View for 45 Years Trump’s SCOTUS nominee: Net neutrality is ‘unlawful’ Brett Kavanaugh Stands To Be Part Of A Long Tradition Of White Men 3 ways Supreme Court pick Kavanaugh could impact your wallet Supreme Court nominee "sticks to the law," former clerk says If Confirmed, Should Judge Kavanaugh Recuse Himself From Mueller-Related Supreme Court Cases? Where does Trump's Supreme Court choice stand on abortion? FactCheck: What Trump’s Supreme Court nominee has said on abortion Kavanaugh on Health Care: How Might He Rule as a Supreme Court Justice? How Trump's Supreme Court nominee ruled on hot-button issues Dems' Supreme Court strategy: Focus on pre-existing conditions Would Kavanaugh Move Court Rightward on Guns? Kavanaugh Skeptical Of Deference To Federal Agencies Kavanaugh Tries to Praise Trump, Ends up Saying Something Totally False Supreme Court could cripple an Obama-era consumer finance watchdog if Brett Kavanaugh is confirmed Crucial Senate Votes on Brett Kavanaugh's Nomination Kavanaugh Meets Senators as Democrats Vow to Slow Confirmation A “view” from the East Room: The Brett Kavanaugh story Brett Kavanaugh’s Journey to Becoming a Supreme Court Nominee 5 Kavanaugh opinions you need to read right now SCOTUS Nominee’s Latest Privilege Opinion: A Win for Corporate Legal Counsel An NFL Game, Harvard Lectures and Youth Basketball: Inside Brett Kavanaugh's Financial Disclosures Brett Kavanaugh may become the ‘poorest’ Supreme Court justice Did Brett Kavanaugh Know About Alex Kozinski? Fox News Falls For Fake Brett Kavanaugh Twitter Account Subpoena showdown could overshadow Kavanaugh confirmation A question for Judge Kavanaugh: What about the migrant kids? Trump's SCOTUS Pick Tells What Makes a Great Jurist Kavanaugh Doesn't 'Search for an Easy Answer,' Former Clerks Tell Senate 'Not A Complicated Case': Kavanaugh's Straightforward Style
(DBN)

There are 3 ways Trump has changed the Supreme Court nominating process for the better
(DBN)

Here's how much Supreme Court justices get paid
(DBN)

Sen. Feinstein Hires Morrison & Foerster Partner to Vet Court Nominations Schumer vows to oppose Kavanaugh nomination with "everything I've got" Don't destroy the Supreme Court to save it from Trump Top Democrats draw battle lines in fight to stop Kavanaugh confirmation
(DBN)

Media Should Be Ashamed Of Itself Over Its SCOTUS Coverage… But That Would Require Critical Reflection
(DBN)

The purpose of this letter … is to provide notice of a current crisis [In the Eastern District]
(DBN)

Louisiana Judges Benched Amid Allegations of Assault, Groping
(DBN)

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Wall Street:

Dow set to fall more than 200 points after U.S. unveils new China tariffs Dow set to drop nearly 200 points after Trump threatens new tariffs on $200 billion in Chinese goods
(DBN)

Markets around the world are getting pummeled as Trump's trade war intensifies
(DBN)

Stocks close mostly higher as strong data outweighs trade fears
(DBN)

Just three stocks are responsible for most of the market’s gain this year
(DBN)

Wall Street has Trump whiplash
(DBN)

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Layoffs:

More than 200 layoffs at TEC Industrial
(DBN)

Factory workers don’t get laid off like they did before the recession
(DBN)

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Marijuana:

Maine Lawmakers Overturn Veto on Medical Marijuana
(DBN)

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Festivals:

Two Fyre Festival Attendees Win $5M In Damages From Founder Billy McFarland
(DBN)

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Travel:

Man 'performs exorcism' on train as 'possessed' woman screams 'devil' in front of commuters
(DBN)

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Retailing:

These 11 retailers may not survive 2018
(DBN)

Not Just Amazon: Eight Retailers Boosted by Toys ‘R’ Us Bankruptcy
(DBN)

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Food/Beverage:

Bankruptcy judge OKs $8M sale for Garces Group
(DBN)

Survey: Consumers spending less at restaurants
(DBN)

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Electricity:

FirstEnergy Solutions Corp. Enters into Stalking Horse Agreement to Sell its Retail and Wholesale Load-Serving Business to Constellation
(DBN)

Exelon Bids $140M for FirstEnergy’s Retail Business
(DBN)

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Personal Finance:

Here's How Much Money Do You Save by Cooking at Home
(DBN)

Pretending to be rich? All it takes is an iPhone
(DBN)

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Economy:

America's Top States for Business 2018: The full list Texas is CNBC's Top State for Business in America
(DBN)

BLS: Job Openings Decreased in May
(DBN)

Small Business Optimism Index decreased in June
(DBN)

Here's how much money those 1 percenters really make
(DBN)

The Average Household Wealth In Countries Around The World, Visualized
(DBN)

These Are the Richest Countries in the World Per Capita
(DBN)

For the U.S. economy, this could be as good as it gets
(DBN)

More than a third of small businesses can't fill open jobs, a record
(DBN)

Booming Economy but Americans Still Broke
(DBN)

Tesla to Build Factory in China Tesla to build factory in Shanghai as auto makers push for new arrangements in China Krugman: Trump, Tariffs, Tofu and Tax Cuts Trade War With China Heats Up, But Tariff Effects Are Already Rippling Across U.S. US prepares to impose new tariffs on additional $200B worth of Chinese goods Here's the list of Chinese products that Trump is threatening with new tariffs How Trump’s Trade War Went From 18 Products to 10,000 We’re heading to ‘massive trade war’ because of Trump’s ‘absurd’ policy: Reagan OMB director Trade war escalates: How China will get hit by Trump's latest offensive 'Escalation is here': The US has chosen a path that rapidly ramps up Trump's trade war with China World’s largest asset manager: It’s not a trade war yet — here’s when to really worry EU to join Trump in criticizing China's role in global trade Trump Threatens More Tariffs on Chinese Goods. They Vow to Retaliate Trump’s Tariff Barrage Pushes China Fight to Point of No Return How Trump's trade war is already costing consumers Expert: China's tariffs will hurt Midwest's farmers As soybean tariffs go into effect, state farmers fear the worst Valley Dairy Farmers Caught In Trade War New Chinese tariffs mean lower prices for Wisconsin farmers Donald Trump and US tariffs: A 1930s-style trade war will be hard to avert China accuses the US of 'bullying' and warns it will hit back on tariffs as trade war talk escalates Trump's trade war 'undermines' everything the state of Washington has done to build global markets: Gov. Jay Inslee Alabama commerce secretary continues to speak out against tariffs European exporters shift trade to avoid higher US tariffs China exporters struggle to cope with U.S. tariffs Your Favorite Martini Garnish Could Suffer In New Trade Dispute As tariffs begin, Northwest Indiana auto workers and farmers share concerns Trump's Trade War Leaves Texas at Head of Dark Path Rauner: Trump trade war could cause 'massive unemployment' in Illinois "No question, it's going to hurt": Trump trade war with China worries Texas agriculture Perdue's daunting task of protecting farmers from Trump’s trade war Donald Trump creates chaos with his tariffs trade war U.S. Shouldn’t Use Spurious National Security Claim for Tariffs, Lew Says Trade as National Security Issue? Here’s What the U.S. Law Says NAM: Tariff swill not solve trade problems in China What a trade war with China means for retail pre-holiday Switzerland challenges US tariffs at WTO Why President Trump Hates Canadian Dairy — And Canada Insists On Protecting It America's Largest Auto Exporter To Move Some Production Out Of US, Blames Tariffs U.S.-produced cars could go overseas because of Trump’s tariffs How Tariffs Hit U.S. Exports, Not Just Imports The Big Losers from Tariffs: US Exporters GOP House bill will rein in Trump’s abuse of trade powers Trade war corporate welfare queues will get long
(DBN)

An unintended consequence is coming for one of the industries hit hardest by Trump's trade war, and it could give him a big win
(DBN)

The US may face a recession in a few years — even without a trade war, says closely watched investor Is Corporate Debt Pointing to a Recession?
(DBN)

GOP Texas governor to Trump: US needs NAFTA as part of a 'reasonable trade policy'
(DBN)

Mobius Says Trade War Is Just a Warm-Up Act for Financial Crisis
(DBN)

Yield curve raises concern about a recession
(DBN)

U.S. Senators Challenge The S.E.C. On Share Buybacks
(DBN)

Employers are looking to fill millions of jobs. Here's where to find one
(DBN)

Employers will do almost anything to find workers to fill jobs — except pay them more
(DBN)

Which Companies Generate the Highest Revenue Per Employee?
(DBN)

Labor Participation Is Up, so Fed Should Cool It, Economist Says
(DBN)

The coming 'labor shortage' in America is great news for workers
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

The hottest housing market in the country is up 13% and now may be headed for a crash
(DBN)

Homebuyers fuel jump in mortgage applications, as more listings finally emerge
(DBN)

House Prices to National Average Wage Index
(DBN)

Millennials want to buy homes, but many don’t have savings. These lenders say that’s no problem
(DBN)

Under US housing policies, homeowners mostly win, while renters mostly lose
(DBN)

Woodbridge acknowledges Ponzi scheme in outline of bankruptcy exit
(DBN)

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Municipalities:

McKinsey, a Consulting Firm With History of Conflicts, at Center of Puerto Rico Bankruptcy
(DBN)

Video shows man harassing woman for wearing Puerto Rico T-shirt
(DBN)

Gambling and drugs may be the cure for Connecticut's ailing economy
(DBN)

Hartford Insurance Giants Pay $10 Million To Aid Debt-Laden Capital
(DBN)

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Oil/Gas:

Oil bulls beware: Saudis can keep crude anchored near $70, Barclays says
(DBN)

Oil prices pare gains after top US diplomat signals leeway on Iran sanctions
(DBN)

Oil’s New Technology Spells End of Boom for Roughnecks
(DBN)

Bullish Sentiment Soars As Oil Outages Mount OPEC Won’t Take Additional Action As Oil Prices Rise
(DBN)

Downside Risk Remains In Oil Markets
(DBN)

U.S. Is Set to Become World’s Top Oil Producer, Government Says
(DBN)

Is the Oil Industry in Its Twilight Years?
(DBN)

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IT:

New Chapter 11 Filing - Tintri Inc. Tintri goes from IPO to bankruptcy in little more than a year Tintri rescued by DDN just hours after filing for Chapter 11 New Delaware Chapter 11 Filing – Tintri, Inc.
(DBN)

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Footwear:

Adidas Is Entangled in a Legal Battle With a Company It Once Owned
(DBN)

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Maritime:

Bourbon to Withhold Debt Payments
(DBN)

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Distressed Investing:

Parabellum launches special situations group, hires director
(DBN)

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Maritime:

Container Prices to Squeeze Leasing Rate Returns
(DBN)

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Autos:

Tesla fans and critics both need a reality check
(DBN)

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Media:

Univision Says It’s Exploring Sale of Former Gawker Sites and The Onion
(DBN)

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Pharma:

Pfizer is holding off on price increases to some of its drugs after being singled out by Trump Pfizer says it will "defer" drug price hike after Trump tweet
(DBN)

The illusion of lower drug prices
(DBN)

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Coal:

Buzzkill for US coal may come from weak yuan, not tariffs
(DBN)

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Accounting:

US regulator to examine auditors’ ‘going concern’ reporting
(DBN)

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Fraud:

Credit Suisse nears $360 million deadline in fraud suit built on a hunch
(DBN)

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Radio:

John Malone could still snag iHeartMedia
(DBN)

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Aviation:

Allegiant pilots ready to strike over "sham" schedules
(DBN)

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New Bankruptcy Opinions
(8 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 (4 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:

BK MN: Updated Case Filing Statistics
(DBN)

Halfway through 2018, bankruptcy filings down 3 percent
(DBN)

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Claims Trading:

Woodbridge Case Highlights Risk of Claims Traders Not Complying with Anti-Assignment Restrictions
(DBN)

Delaware Bankruptcy Court Finds Anti-Assignment Clauses in Debt Documents Enforceable in Claim Objection Fight with Postpetition Debt Purchaser
(DBN)

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Mediation:

Contingent Fees or Success Fees for Mediators: Why Not?
(DBN)

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Litigation:

How Litigation Finance Can End The Partisan Practice Of Law
(DBN)

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LBOs:

Judge Pushes Settlement Talks in Tribune LBO Court Fight
(DBN)

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Discharge:

What did you spend $140,000 on? “Wine, Women, and Song”
(DBN)

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Notice:

“Notice” per Rule 2002 versus “Service” per Rule 7004
(DBN)

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Healthcare:

Inequality impacts U.S. cancer death rates
(DBN)

Trump administration to cut ACA grants for Americans
(DBN)

It might be time to take adult kids off the family health plan
(DBN)

How to Cope With Old Medical Debt
(DBN)

GOP State Senators Sue To Stop Nebraska Voters From Deciding Medicaid Expansion
(DBN)

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Travel:

Southwest Airlines will stop serving peanuts this summer, citing allergy worries
(DBN)

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Politics:

Top EU official spars with Trump ahead of meeting with nervous NATO leaders Trump slams a weakened Germany as 'controlled by Russia' in blistering open to NATO summit Trump Slams Germany at NATO Meeting Trump Will Favor Russia, Poop on NATO Like a Seagull, Says Fox News Editor Senate votes to support NATO as Trump's European summit begins Trump is Right About the NATO Deadbeats Trump’s NATO criticism is ‘valid,’ Europe isn’t spending enough on defense, UK ex-minister says By the numbers: NATO defense spending
(DBN)

Trump unwinds the 20th century
(DBN)

Trump says he still has 'Rocket Man' CD for Kim
(DBN)

A brief history of Trump's small-time swindles
(DBN)

GOP Pulls Support for Candidate Tied to Racist Posts
(DBN)

Trump heads into high-stakes summits with NATO and Putin at odds with his own ambassadors
(DBN)

The Midterm Wave Watcher Dems crush GOP in party registration
(DBN)

NFL Players Association challenges league's anthem policy NFL Agrees to Discuss New Anthem Policy as Players’ Union Files Grievance
(DBN)

Sarah Palin reveals she was tricked by Sasha Baron Cohen
(DBN)

Blackwater Wanted to Privatize Afghan War
(DBN)

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Solar:

Roiled Solar Shows Trump's Tariffs Can Disrupt
(DBN)

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Student Debt:

What This Navient Lawsuit Means For Your Student Loans
(DBN)

Here's how US college costs stack up to the rest of the world
(DBN)

Let Student Borrowers Declare Bankruptcy, Already
(DBN)

Winners of this game show get their student debt wiped out
(DBN)

Trump Administration Backs Off Reshuffling of Student Debt Collection
(DBN)

Parents are borrowing even more to pay for their kids’ college
(DBN)

‘Money is on our minds’: Millennials attempt to stay afloat amid student loan debt
(DBN)

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Entertainment:

Lantern Entertainment Picks Three Advisers to Help With Weinstein Co. Turnaround
(DBN)

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UK:

Revised Insolvency Practice Direction Published
(DBN)

Brexiteers Have Figured Out What Brexit Means, And It’s Not What The Prime Minister Says It Means Brexit chaos: What happens next for British PM Theresa May? Theresa May in Fight to Save Government Amid Brexit Rift May presses on with Brexit plan after high-profile resignations Deciphering Brexit: Q&A on the Latest Twists and Turns Trump Says Seeing Putin Easier Than Meeting Theresa May Boris Johnson Has Ruined Britain
(DBN)

Begbies’ annual profits up 38%
(DBN)

Insolvency Service Enforcement Outcomes: 2018/19
(DBN)

BBC Airs Trump as Predator Documentary US embassy warns Americans in London to 'keep a low profile' during Trump visit
(DBN)

Facebook to be fined £500,000 in Cambridge Analytica data scandal It would take Facebook just 18 minutes to pay off its £500,000 fine for the Cambridge Analytica scandal
(DBN)

Britain’s Online Shopping Boom Is a Bust for the High Street
(DBN)

Thousands of businesses face court over unpaid business rates
(DBN)

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PIIGS:

ie: Number of applications for insolvency solutions up 39 per cent
(DBN)

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Canada:

'China has crashed the price': Canadian farmers collateral damage in China-U.S. trade war
(DBN)

Donald Trump's Trade War Could Lead To A Recession In Canada
(DBN)

How can boards help their companies navigate distress—before it’s too late?
(DBN)

Family of B.C. murder victim sues alleged killer, claiming he owes them $113M he borrowed
(DBN)

The U.S. is revoking tariffs on some Canadian paper. Here’s why that’s no beacon of hope for steel
(DBN)

Relevant Considerations in Approving Assignments Under the CCAA
(DBN)

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India:

'Financial creditors must balance the needs of other stakeholders'
(DBN)

Bad loan resolution plans set to be made binding on dissenting creditors
(DBN)

Many of Bhushan's Suppliers may have to shut shop
(DBN)

56 lenders to sign inter-creditor agreement in a few days
(DBN)

Has the noose really tightened around Vijay Mallya?
(DBN)

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Australia:

A simple guide to Australia’s new Ipso Facto laws
(DBN)

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China:

China’s first official bike rental bankruptcy leaves RMB 800 million of deposits in limbo
(DBN)

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