July 26, 2018

The Daily Bankruptcy News

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Law:

Biglaw Partner Accuses Small-Firm Litigator Of Getting Pregnant To Delay Trial Shook Hardy Suspends Attorney Caught up in Row Over Continuance for Pregnant Lawyer
(DBN)

The Biglaw Firm Soaring Up The Rankings
(DBN)

Womble Bond Dickinson lures bankruptcy group from another firm's Raleigh office
(DBN)

Ceiling leaks pause Colorado Bar Exam
(DBN)

Vedder Price Sued in $3M Legal Malpractice Suit Tied to Soupman Loan
(DBN)

Ex-Dentons Associate In Disciplinary Hot Water After Extortion Plot
(DBN)

An Army of Local Lawyers Is Itching to Fight Trump’s Policies
(DBN)

In legal battles, Trump family relies on a nemesis of free-speech advocates
(DBN)

Jones Day warns court of impending 'protracted' fee fights
(DBN)

Another Person Giving You Advice About Going to Law School
(DBN)

Law school calls for business fluency as it launches new institute
(DBN)

The Danger Of For-Profit Law Schools
(DBN)

A Cracker Jack Story: Finding Love From The UCLA Law Waitlist
(DBN)

The Shocking #MeToo Allegations Surrounding The Ouster Of General Counsel With Newly Revealed Allegations, the #MeToo Movement Reaches the Lionsgate Legal Department
(DBN)

Michael Avenatti gets judge to bar media from his testimony on Newport Beach law firm's bankruptcy Judge Shuts Out Media From Avenatti Firm’s Bankruptcy Hearing Lawyer Avenatti is a cable news fixture -- but in this case, he wants privacy
(DBN)

The Dan Markel Case: A Helping Hand For Katherine Magbanua — From A Relative Accused Of Embezzlement?
(DBN)

Yale Law School Grows Increasingly Diverse, Yale Law Journal Takes A Different Path
(DBN)

Making More Money Is Not As Awesome As You’d Think
(DBN)

Law Firm Reputation in the KYC Age
(DBN)

6 Ways You Can Command A Room Without Saying A Word
(DBN)

Ending epic debacle, Florida tobacco firms agree to pay $4.3 million sanction
(DBN)

Prosecutors Fear Defense Attorney May Spill Details in Alleged Russian Agent Case Feds Have Over 100 Cohen-Trump Recordings Michael Cohen is no longer a 'punching bag' for Donald Trump's defense strategy, Lanny Davis says Trump tape is about 'lies and truth,' Cohen's lawyer says Trump refuses to answer questions about secret recording with Michael Cohen Trump questions Michael Cohen’s secret tape: "So sad!" Rudy Giuliani Tears into Michael Cohen’s ‘Ethics’ on Twitter and Finally Raises Privilege Complaint Michael Cohen may have evidence of the most shameful Trump rumors — and it's a huge legal threat to his presidency 'What kind of a lawyer would tape a client?' Trump unloads on Michael Cohen after recording shows the pair discussing campaign-season payoff to bury old affair with model Did Trump's payments to silence stories about women break the law? After Cohen’s lawyer releases McDougal tape, dispute arises over what Trump said about cash payment Trump lawyer Michael Cohen formed shell company to buy model’s story: Wall Street Journal National Enquirer’s Yearslong Dealings With Trump Lawyer Fall Under Federal Scrutiny Inside the Strange World of Trump's Fixer Trump’s House allies file resolution to impeach Rod Rosenstein The 11 Republicans Demanding Rosenstein's Impeachment
(DBN)

Emails Appear To Confirm That Stormy Daniels Was Selectively Targeted By Ohio Detective And Her Uncover Teams Whistleblower: Emails Show Police Lied About Stormy Daniels Arrest
(DBN)

Judge OKs State AGs Emoluments Case Against Trump Judge rejects Trump bid to dismiss foreign payments lawsuit What is an emolument? Judge gives term a broad definition in refusing to toss lawsuit against Trump
(DBN)

Brock Turner’s lawyer tells appeals court his client only wanted ‘outercourse’ with victim
(DBN)

64% Of Hollywood Female Writers Have Been Sexually Harassed On The Job Larry Nassar's lawyers say he was attacked in prison, blame judge Timing Is Everything - #MeToo Era Bad Timing for Dentons, Hit with Harassment Lawsuit
(DBN)

Lt. Gov. Dan Patrick states opposition to "red flag" gun laws This law allows cops to take your guns if you’re deemed a threat
(DBN)

Migrant mothers plead for children as deadline looms Immigration Lawyers to Trump: See You in Court
(DBN)

Assessment board says Bill Cosby is a violent predator; DA asks judge to decide
(DBN)

Bodycam footage from Las Vegas shooting shows police believed there were multiple shooters
(DBN)

Student disciplined for "Trump Border Wall" shirt to get $25,000
(DBN)

Police: Woman Killed Fiancé Who Wanted to Invite Old Flame to Their Wedding
(DBN)

Georgia Sheriff Suspended From Federal Program After Using Funds To Buy Hellcat Muscle Car
(DBN)

Police: N---- Guy Nabbed For McDonald's Romp
(DBN)

Florida Man's Family Values Appear Shaky
(DBN)

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Judges:

Kavanaugh returns questionnaire Kavanaugh Touts Court Loss Among Highest Accomplishments
(DBN)

Judge decries ‘abusive litigation tactics’ and ‘overheated rhetoric’ in multiple discovery motions
(DBN)

Justice Department memo gives more power to agency chiefs to remove administrative law judges
(DBN)

Bankruptcy Chief Deputy Vacancy Announcement - Southern District of Alabama - Mobile
(DBN)

Ruth Bader Ginsburg’s Summer Beach Party
(DBN)

Judge: Trump’s ‘Corny’ View of Constitution Would Make Bribery Permissible
(DBN)

A converted storage room on the top floor of the Supreme Court building has become a place for justices and their clerks to get a run in—and a source of a great many tales
(DBN)

New Federal Judicial Center Director Announced
(DBN)

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Wall Street:

U.S. stock futures mostly fall, hit by Facebook’s premarket dive Tech stocks set to fall Thursday with Facebook on track for biggest drop ever Tech-heavy Nasdaq expected to tumble at the open after Facebook earnings disappoint Why Facebook's shellacking spells danger for all stocks
(DBN)

S&P 500 officially storms out of correction territory on reports the EU-U.S. avoid trade war
(DBN)

Outflows From U.S. Stocks Swell
(DBN)

Stock market keeps shrugging off trade war
(DBN)

Why aren't millennials investing? They're spooked by the recession
(DBN)

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Layoffs:

Mattel slashes 2,200 jobs Mattel layoffs 2,200 employees after sales drop 11 percent
(DBN)

Mark Cuban on dangers of A.I.: If you don’t think Terminator is coming, ‘you’re crazy’
(DBN)

Artificial intelligence begins diagnosing patients
(DBN)

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Food/Beverage:

Papa John's missteps and mistakes have Wall Street wondering whether the pizza chain is beyond recovery
(DBN)

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Guns:

Appeals court approves Remington rifle settlement
(DBN)

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Politics:

White House delays a potential Putin visit White House says Trump won't meet Putin until next year Putin Terribly Sorry But His Social Calendar Is Too Full for Trump Secretary of State Pompeo says U.S. rejects Russia's attempted annexation of Crimea Pompeo: Trump 'has a complete and proper understanding' of Russian interference in US election White House Under Fire Over Editing Of Transcript and Video Of Press Conference In Helsinki White House May Have Broken Federal Law by Doctoring Trump-Putin Video
(DBN)

Kissinger Pushed Trump Towards Russia to Box in China
(DBN)

Once again, ‘fake news’ decried by Trump turns out to be true
(DBN)

Trump’s Star on Hollywood Walk of Fame Destroyed With Pickaxe
(DBN)

Voters lean toward Democrats in three key swing states ahead of midterm elections, recent poll finds
(DBN)

Jared and Ivanka dig in for the long haul
(DBN)

White House bans CNN reporter from Rose Garden event after she peppers Trump with tough questions White House 'Supports' Press Freedom, Bars CNN Reporter CNN, Fox News and several other news outlets rebuke White House communications staff for barring a reporter from Trump press event
(DBN)

North Korea making bomb fuel despite denuclearization pledge: Pompeo
(DBN)

Pompeo Trades Barbs With Lawmakers
(DBN)

Why Trump Is Right to Strip Ex-Officials’ Security Clearances Why Trump’s Security-Clearance Threat Makes No Sense
(DBN)

Cowboys Won't Be Allowed to Protest During the Anthem NFL star Malcolm Jenkins: This is why I protest
(DBN)

Michigan Village Elects Cat Named 'Sweet Tart McKee' as Next Mayor
(DBN)

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Climate:

Deadly wildfires and killer heatwaves are ripping through the planet from Athens and Sweden to Los Angeles and Japan Dangerous flooding continues in Eastern U.S. as wildfires burn in West
(DBN)

Study: Warming from Disrupted Atlantic Flow
(DBN)

Just How Bad Is the European Heat Wave?
(DBN)

Heatwave? How About the Summer of 1976
(DBN)

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Autos:

Ford's profit plummets by almost half, cuts 2018 outlook
(DBN)

This was a bad day for Detroit's automakers
(DBN)

Tesla whistleblower to meet with SEC, attorney says
(DBN)

Elon Musk Faces New Tesla Foes in Default-Swap Market
(DBN)

It didn’t take long for Trump’s tariffs to become a headache for the auto industry
(DBN)

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Economy:

Being Middle Class Costs 30% More Than '90s
(DBN)

Trump’s tax cuts are kicking a roaring economy into overdrive
(DBN)

Tax Cuts 2.0 Could Cost $600 Billion
(DBN)

Federal Deficit Heading Back to $1 Trillion
(DBN)

Get ready for the GDP hot takes GDP gold for Trump: U.S. set to grow at fastest clip in 4 years How Fast Did The Economy Grow? Forecasts Are All Over The Place Nationwide Economist Says U.S. Economy Will Keep Growing – For Now
(DBN)

Investors are preparing for a downturn Bond investors prepare for next US recession
(DBN)

House Financial Services chair splits with Trump on farm relief: 'I think Donald Trump has too much power' Trump and EU leader agree to work toward eliminating tariffs, declare cease-fire in trade war After trade deal, Trump says the EU and U.S. ‘obviously ... love each other!’ Trump And EU Agree To Work Toward Zero Tariffs It’s way too soon to declare Trump’s trade war over Germany: US Auto Tariffs Not Off the Table Yet President Trump should stop his trade war before it hurts our economy Trump, EU agree to work on lowering tariffs, averting a potential trade war US-EU trade agreement lacks specifics and fails to eliminate issues with China Europe to Become ‘Massive’ Buyer of U.S. LNG, Trump Says Europe Is Likely to Disappoint Trump as Big Buyer of U.S. LNG Even if short of specifics, the Trump-Juncker agreement is significant Trump reportedly considering 25 percent tariff on foreign-made cars Daimler follows U.S. rivals in warning on impact of tariffs One important group supports Trump's auto tariffs General Motors prepared to raise prices to offset commodity price jump Trump: 'We hope to work something out on a fair trade deal with Europe' EU preparing counter-tariffs on $20 billion of U.S. goods Tariffs are about to hit consumers, and it won't be pretty A $12 Billion ‘Rounding Error’ Trump's farmer bailout a temporary salve, but long-term risks mount Illinois farmers welcome $12 billion in aid, but prefer trade: 'There’s no magic crop out there' Trump tariffs tear Republicans apart Trump to meet GOP lawmakers Wednesday as $12 billion farm bailout plan stokes angst in his own party Trump's $12B aid package may help farmers, but what about everyone else? Trump's Emergency Aid for Farmers in Context 'WTO is not broken,' says WTO Director-General Roberto Azevedo Think the Trump trade tariffs are barely affecting company earnings? Think again Here’s what the U.S. and Europe are fighting over — trade highlights and lowlights How to understand Trump’s trade policy: It’s about restricting imports Tariffs are being mentioned on 40% of earnings calls Growing number of struggling U.S. dairy farmers look to supply management, as Trump urges Canada to kill it Tariffs aren't great, and a trade war will take a toll on Texas Who Are the Trade War Losers? Just Look at the Earnings Rolling In Trump to talk tariffs in farm country, mill town ‘What if this president’s wrong?’: Trade war anxiety surges ahead of Trump’s Midwest swing Coke raises soda prices, citing Trump tariffs on aluminum Proposed Trade Wars May Get Worse An unlikely victim of Trump's tariff war? Hollywood Default Protection on Whirlpool Debt Hits 2-year High as Costs, Tariffs Bite Pig Farmer Weighs In On Market Uncertainty And Impact Of Tariffs How U.S. tariffs may rebound on homebuyers China says there will be 'no winner' in global trade war
(DBN)

Trump's attacks are spooking foreign investors
(DBN)

Mexico and Canada Optimistic on NAFTA Deal Amid Tariff Tensions
(DBN)

3 charts that show why the US should stop ignoring its debt problem
(DBN)

U.S. families increasingly feel the pinch from this one expense
(DBN)

It's easier to get into Harvard than to become a Delta flight attendant
(DBN)

Citadel's Ken Griffin says blue states to face ‘pressures’ due to Trump’s tax plan
(DBN)

Trump’s “Hire American” order makes it harder to get H-1B visas
(DBN)

How Older Americans Are Raising And Lowering Labor Participation
(DBN)

Bernanke, Geithner and Paulson could’ve kept Lehman afloat and averted the worst of the financial crisis, author says Bernanke, Geithner and Paulson ‘have invented alternative history’ of Lehman collapse, professor says
(DBN)

Only four out of ten working-age adults with disabilities are employed
(DBN)

Threat of Government Shutdown is Back
(DBN)

More Businesses Refusing to Accept Cash
(DBN)

Which College Degrees Get the Highest Salaries?
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

New-home sales slump in June as housing headwinds increase New Home Sales decrease to 631,000 Annual Rate in June A few Comments on June New Home Sales
(DBN)

The U.S. Housing Market Looks Headed for Its Worst Slowdown in Years
(DBN)

San Francisco Bay Area June home sales fall to the lowest point in 4 years as prices surge to record levels
(DBN)

$10.4M offer on Billy Abraham El Paso properties rejected in bankruptcy court
(DBN)

NMHC: Apartment Market Tightness Index remained negative for Eleventh Consecutive Quarter
(DBN)

House passes extension for National Flood Insurance Program
(DBN)

Chinese investors are dumping U.S. CRE investments under pressure from Beijing
(DBN)

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Municipalities:

Sens. Warren and Sanders introduce bill that would slash Puerto Rico's debt US Senate liberals seek new Puerto Rico debt relief
(DBN)

Congressional hearing debates various proposals to fix bankrupt Puerto Rico Electric Power Authority
(DBN)

Reflections on Two Years of P.R.O.M.E.S.A.
(DBN)

Lawmakers consider options for Puerto Rico debt relief, PREPA
(DBN)

Congress tees up efforts to wrench control of bankrupt Puerto Rico Electric Power Authority from island’s government
(DBN)

Trump energy official 'dismayed' about 'politically driven' response to Puerto Rico's power problems after hurricane
(DBN)

Judge Swain limits access to Puerto Rico debt documents, reserves ruling on budget dispute
(DBN)

Bishop: Puerto Rico gov’t turned Prepa into dysfunctional utility
(DBN)

Puerto Rico Governor Boycotts Congressional Hearing
(DBN)

Puerto Rico Twitter Feud Spills Into Halls of Congress
(DBN)

Hog-tied: Illinois state law not equipped to address local governments’ pension problems
(DBN)

Connecticut in Crisis: How inequality is paralyzing 'America's country club'
(DBN)

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Oil/Gas:

What happens if Trump taps the Strategic Petroleum Reserve
(DBN)

Europe will import more US natural gas, Trump and Juncker say after meeting
(DBN)

Seadrill: Post-Restructuring Analysis
(DBN)

Shell announces $25 billion share buyback program as quarterly profits miss estimates
(DBN)

What oil and power CEOs really make
(DBN)

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Electricity:

South Carolina leaders may tangle over debt-laden state utility
(DBN)

Regulators: Uranium leaked at S. Carolina nuclear fuel plant
(DBN)

Calif. Gov. Brings PG&E Closer to Fire-Law Changes
(DBN)

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Retailing:

Geoffrey has left the building: Toys “R” Us hires advisory firm to sell US properties
(DBN)

Mattel Cuts 22% of Corporate Jobs as Sales Plunge Post Toys 'R' Us Bankruptcy
(DBN)

Walmart makes a bigger bet on its baby business following Babies R Us' demise
(DBN)

Amazon expected to report huge jump in second-quarter profits as it nears $1 trillion milestone
(DBN)

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Non-Profits:

YMCA of Greater Pittsburgh's bankruptcy dismissed
(DBN)

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Mining:

Battle on the Iron Range: Between a Cliff and a Hard Place
(DBN)

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Travel:

Dead baby found in plane toilet
(DBN)

Ex-pilot sentenced to year in prison for flying drunk
(DBN)

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Pharma:

Will Trump Lower Drug Prices? Most People Have Their Doubts
(DBN)

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Taxis:

Snapshot: Who Uses Ride-Sharing Services in the U.S.?
(DBN)

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Media:

False news spreads online faster, farther, and deeper than truth does — but it can be contained. Here’s how
(DBN)

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Personal Finance:

Bartenders offer tips on keeping your bar tab low
(DBN)

6 nasty surprises divorcing women often face
(DBN)

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Corporate Governance:

Corporate CEOs took home more than you think
(DBN)

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New Bankruptcy Opinions
(12 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (13 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (9 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:

Corporate Bankruptcies Up Amid Retail Woes, Consumer Filings Fall
(DBN)

Wisconsin bankruptcy filings are lowest in a decade
(DBN)

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Contempt:

Ninth Circuit Declines To Decide When Contempt Sanction Becomes Punishment
(DBN)

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Obits:

Passing of Ian Fletcher
(DBN)

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UCC:

UCC Terminations: An “Oops” Filing Can Be Fatal
(DBN)

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Privilege:

Does a Third Party's Presence Destroy the Attorney-Client Privilege and the Work Product Doctrine Protections?
(DBN)

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Jurisdiction:

Bankruptcy Court Has Subject Matter and Non-Core Jurisdiction Over Action to Recover Debtor’s Accounts Receivable
(DBN)

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IP:

A Trademark Licensee’s Rights after its Licensor’s Bankruptcy May Vary Depending on the Venue of the Bankruptcy Case
(DBN)

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Ligation:

Report: Shareholder Lawsuits Being Filed at Record Pace, and They're Getting Bigger Cornerstone Research: Securities Suit Filings at Near Record Level in Year’s First Half
(DBN)

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Bankruptcy Research:

Bankruptcy 's Uneasy Shift to a Contract Paradigm
(DBN)

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Entertainment:

Judge Directs Government Intervention in "Buck Rogers" Bankruptcy
(DBN)

Silver Linings Playbook: The Weinstein Co. Chapter 11 Hearings #7 & #8
(DBN)

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Toys:

Shares of Mattel tumble on layoffs, wider quarterly loss
(DBN)

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Radio:

LionTree, Moelis Requests OKd By iHeart BK Judge
(DBN)

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Student Debt:

Backed by Banks, Private Student Lending Grows Despite Concerns
(DBN)

Student loan forgiveness less likely under new Trump proposal
(DBN)

Trump CFPB pick would be first director of consumer agency with student debt
(DBN)

DeVos: So What if It Was Student Loan Fraud?
(DBN)

New Trump-DeVos Loan Relief Rule Trashes Students’ Rights, Aids Predatory Colleges
(DBN)

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Tech:

Facebook plunges more than 24 percent on revenue miss and projected slowdown Investors wipe $130 billion off Facebook's market value after weak revenue forecast Facebook pays for all its mistakes at once — and it’s a big bill Here's what Facebook said that spooked investors and wiped $130 billion off its market value Zuckerberg's Net Worth Tumbles More Than $20 Billion After Facebook Quarterly Earnings Report Facebook shareholders have drawn up a new proposal to fire Mark Zuckerberg as chairman Facebook: "You’re allowed to say something false as long as you’re an authentic person" Facebook Asked To Justify Infowars And Fox News
(DBN)

Tech stocks poised for bloodbath on Thursday with Facebook on track for biggest drop ever
(DBN)

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Healthcare:

Texas health system files for bankruptcy
(DBN)

FL: CareSync files for assignment for benefit of creditors
(DBN)

Young people have the most medical debt
(DBN)

Little River, a rural provider with high lab charges, files for bankruptcy
(DBN)

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Musical Instruments:

Discord emerges between Gibson, creditors in bankruptcy proceedings
(DBN)

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Accounting:

Total fee income for Big Four up
(DBN)

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Fraud:

'Frack Master’s' Family And Friends In Trouble With SEC
(DBN)

Ex-Deutsche Bank Traders Charged in Expanding Spoofing Probe
(DBN)

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Aerospace:

JPMorgan Chase Agents $45MM DIP Financing for NORDAM
(DBN)

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UK:

Scottish Insolvency Statistics (Apr-Jun 2018): Comment from R3 Personal insolvencies figures confirm upward trend
(DBN)

‘ Bankruptcy Light’?—The English Debt Relief Order, Bankruptcy Simplification and Legal Change
(DBN)

Ex-British Prime Minister Tony Blair predicts a stalemate on Brexit The biggest obstacles facing Theresa May's Brexit plans U.K. Weighs Contentious Brexit Plan for Irish Border Prepare for Brexit Market Shock, U.K. Regulator Tells City Prepare for Brexit Market Shock, U.K. Regulator Tells City EU Sees U.K. Brexit Customs Plan as More ‘Magical Thinking’
(DBN)

European Commission president will have full backing of EU on trade: Tony Blair
(DBN)

Jaguar Land Rover Debt Investors Run for Cover on Tariff Threats
(DBN)

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EU:

Boris Johnson and Steve Bannon are having secret talks ahead of EU elections
(DBN)

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Canada:

Bolton resident charged with bankruptcy fraud
(DBN)

Toronto officials push for handgun sale ban after public shooting
(DBN)

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PIIGS:

Migrant rescue ship's ordeal exposes hardening views as populism blossoms
(DBN)

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MENA:

Israel on high alert as Syrian war nears its borders
(DBN)

Turkey vows to keep buying Iranian oil: 'We will not obey'
(DBN)

Inside the New Saudi Arabia
(DBN)

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India:

Does India need to give more teeth to its bankruptcy code?
(DBN)

Mitigating the operational risk posed by the IBC
(DBN)

Vijay Mallya case: 5 things to know about fugitive economic offenders
(DBN)

The $1.5 Billion Real Estate Wager That Went Horribly Wrong
(DBN)

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Australia:

Australian law reform: the new ‘safe harbour’ for directors and stay on enforcement of ‘ipso facto’ clauses
(DBN)

Dick Smith blames Aldi's "extreme capitalism" as he announces plans to close food business
(DBN)

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Venezuela:

IMF: Venezuela To Hit 1,000,000% Inflation By End Of 2018
(DBN)

Maduro says he will launch economic recovery program
(DBN)

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