May 21, 2018

The Daily Bankruptcy News

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Law:

Some corporate clients are making ‘unpalatable’ demands in outside counsel guidelines, partner says
(DBN)

Mentoring in the legal profession has had to adapt to a changing world
(DBN)

In Heavyweight Bout, It's Clients v. Law Firms
(DBN)

Schulte Roth Bags Cambridge Analytica Bankruptcy Work
(DBN)

$1,745 Hourly Rate in the Toys R Us Bankruptcy Sparks Debate
(DBN)

Law Firm Survey Says Millennial Era Is Here, But Change Has Just Begun
(DBN)

Who Has Been Hired to Lead Legal at Fortune 500 Companies in 2018?
(DBN)

Fox Rothschild Practice Leader Steps Up to Defend Alleged Defecator
(DBN)

Akerman Hit With Malpractice Claims Over Work for Corporate Raider's Estate
(DBN)

Investing in AI? Strategy Principles Say Go Lightly and Later
(DBN)

Headhunting Firm Seeks to Boost Claims Against Simpson Thacher
(DBN)

When An Email About Associate Compensation Is Not Actually About Associate Compensation
(DBN)

MoFo’s Embarrassing Treatment Of A New Mother Mom Claims Mistreatment from Law Firm that’s Already Facing Pregnancy Discrimination Lawsuit
(DBN)
(DBN)

Biglaw Firm Sets Up Sexual Harassment Whistleblowers Hotline, Wants Lawyers Who Kiss To Tell HR
(DBN)

Federal judge requires Quinn Emanuel to prove claim about dropped witness
(DBN)

Being A Lawyer Is So Much More Than It Was 30 Years Ago
(DBN)

10 Practical Steps To Being A Profitable, Happy Lawyer
(DBN)

Likely The Oldest Person To Ever Graduate From An American Law School
(DBN)

Student and Former Professor Sue ABA For Accrediting Failed Charlotte School of Law
(DBN)

In Defense Of More Sizzle, Less Steak
(DBN)

The 10 professions with the most psychopaths
(DBN)

Lawyer for Andrew McCabe tells Trump to "stop lying"
(DBN)

Giuliani: The President Can Obstruct Justice Special counsel subpoenas another Roger Stone aide in Russia probe Trump Tweets Special Counsel Investigation Getting ‘Ridiculous’ Trump lawyer Michael Cohen reportedly met with Qatar's economy minister right before FBI raid Mueller Probe Expands to Israeli Entrepreneur With U.A.E. Ties 'World's most expensive Witch Hunt': Trump lashes out Trump Jr. reportedly met with an emissary for Saudi Arabia and the UAE who offered to help Trump with the 2016 election Report calls Trump ally's testimony into question This Meeting Cohen Reportedly Had with a Qatari Official Days Before FBI Raids Sure Looks Different Now Donald Trump Jr. under Mueller investigation microscope Gulf Emissary Offered to Help Trump Win The mind-boggling corruption of Trump Inc. The FBI Informant Who Monitored the Trump Campaign, Stefan Halper, Oversaw a CIA Spying Operation in the 1980 Presidential Election Trump demands the Justice Department look into whether the FBI had an informant 'infiltrate' his presidential campaign Cambridge professor outed as FBI informant inside Trump campaign Who is Stefan Halper? U.S. Cambridge Professor Named as FBI's Russia Probe Secret Source DOJ internal watchdog to investigate FBI over Trump-Russia probe FBI Proved Russian Ties to Trump Campaign Trump tweets about possible campaign informant, while Giuliani isn’t sure FBI source met with 3 Trump advisers Trump tweets that Mueller investigation aims to hurt GOP in midterms Roger Stone Says He Hasn't Talked to Special Counsel Robert Mueller's Team Will Mueller play hardball with Trump? Dershowitz: It Was A Mistake To Appoint Special Counsel Stopping Robert Mueller to protect us all Ted Olsen: Constitutional Crisis Coming
(DBN)

Giuliani says Mueller could end obstruction probe by September
(DBN)

As Trump tweets, Rosenstein leaps
(DBN)

Stormy Daniels lawyer Michael Avenatti has turned up the heat on another target — his client's first lawyer Michael Cohen seeks to keep Stormy Daniels' lawyer out of N.Y. case Lawyers for Michael Cohen and Stormy Daniels Sling More (Legal) Mud A closer look at payments to Donald Trump's lawyer Michael Cohen Michael Avenatti Might Be Compelled to Reveal His Source
(DBN)

Rudy Furious at a Video of 1998 Rudy Rudy Giuliani Throws A Temper Tantrum When He Gets Shot Down By… Rudy Giuliani
(DBN)

Manafort Bail Near With Addition of Mystery Property Judge Orders Production of Manafort Warrant Affidavits Manafort’s Ex-Son-in-Law Busy with Mueller Investigation
(DBN)

Michael Cohen is digging himself into an increasingly deeper hole as he faces legal headaches on multiple fronts Financial Reports on Trump’s Lawyer Went Missing at the Treasury Cohen Financial Records Are Not Missing, Just Restricted
(DBN)

Reality Check on the Clinton Collusion
(DBN)

10 killed in Texas school shooting These are the 10 victims of the deadly Santa Fe High School mass shooting What's true, what's not in Santa Fe, Texas, school shooting Texas students who supported Florida shooting survivors endure own attack The family of Santa Fe shooting victim Sabika Sheikh, a Pakistani exchange student, said they thought she'd be safe in the US Texans defensive end JJ Watt will pay for the funerals of the 10 Santa Fe High School shooting victims Santa Fe teen on school shootings: I always felt it would eventually happen here Texas school shooter killed girl who turned down his advances and embarrassed him in class, her mother says Santa Fe school shooter 'killed girl who turned down his creepy advances and rejected him in front of class' The family of suspected Houston school shooter express shock over rampage Dimitrios Pagourtizis: What We Know Santa Fe shooting survivor at vigil: 'All that was going through my head was to get out' Texas Teen Gunman Identified By the numbers: The 10 deadliest school shootings since Columbine The Santa Fe gunman was reportedly 'cheering himself' and taunted students during his attack It’s the Guns The Santa Fe shooter reportedly had a 15-minute gun battle with police before surrendering Santa Fe Gunman Won't Get the Death Penalty Santa Fe shooter used a shotgun and a revolver that his Greek immigrant and NRA enthusiast dad legally owned, as photos reveal seemingly happy family life of 17-year-old mass murderer TX Lt. Governor Urges Parents To Lock Up Their Guns So Their Kids Can't Get Them TX: Patrick Calls to Arm Teachers Texas lieutenant governor suggests violent video games, abortion bear part of blame for gun violence Before Trump, Oliver North Was Dishonest—and Beloved Texas Lt. Governor Blames Santa Fe Shooting on School Having Too Many Doors How the murder of schoolchildren became normalized What Explains U.S. Mass Shootings? Obama Education Chief: Boycott Schools Until Gun Reform The Best Explanation for Our Spate of Mass Shootings Is the Least Comforting Houston Police Chief: I've Hit Rock Bottom on Gun Rights Arguments
(DBN)

Trump Promises to Sign Prison Reform Bill
(DBN)

Genealogy Website Used to Solve 1987 Double Murder
(DBN)

Most employers haven’t taken new action in light of #MeToo 'We know who you are': Actress Asia Argento condemns Harvey Weinstein and others in a rousing speech at Cannes Film Festival Mario Batali accused of drugging, assaulting female employee
(DBN)

Serial killers tend to gravitate to similar jobs
(DBN)

No, Aaron Schlossberg Will Not Be Disbarred Over His Racist Rant Lose Your Temper, Lose Your Law Practice: The Real Rules Of Civility
(DBN)

LYFT driver orders gay couple out of his car after they kiss
(DBN)

Starbucks standardizes policy toward nonpaying patrons — including restroom use
(DBN)

Alleged owners of Mugshots.com charged in extortion scheme, face extradition to California California Charges Mugshots.com Owners . . . Then Releases Their Mugshots
(DBN)

Star Of Legal Drama Marries British Man
(DBN)

Trial Opens Over Lawyer's Death Allegedly Caused by J&J's Baby Powder
(DBN)

Teen Poses As Cop To Rob Blind Man In NYC Subway
(DBN)

NAACP leader's racial profiling claim challenged after bodycam footage released
(DBN)

Police intervene when pig follows man home from northeast Ohio train station
(DBN)

Two U.S. citizens say Border Patrol agent detained them for speaking Spanish
(DBN)

Mom Who Jumped to Her Death With Son Was Once in the News for ‘Too Cute’ Lawsuit
(DBN)

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Judges:

BK RI: On the Docket Newsletter - Spring 2018
(DBN)

Judge in Brock Turner Rape Case Says Result of Backlash ‘Fundamentally Unfair’
(DBN)

Kennedy retirement rumors shift into overdrive
(DBN)

Sessions rules immigration judges have no authority to indefinitely suspend cases
(DBN)

Judge Blasts ICE
(DBN)

Always Be Truthful With The Court — Even When It’s Personally Embarrassing
(DBN)

Judge rules some stations can air ads attacking Arkansas Supreme Court justice hours after another judge blocks other broadcasters
(DBN)

Flipping Judicial Seats
(DBN)

Ruth Bader Ginsburg Expresses Support for New Law Clerk Hiring Plan
(DBN)

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Wall Street:

Dow is set to leap more than 200 points at the open after US-China trade war is placed 'on hold'
(DBN)

S&P 500 and Nasdaq close lower as US-China trade tensions remain
(DBN)

A fund manager sees ‘inconvenient truths’ in the market, predicting a shift as inflation gains
(DBN)

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Layoffs:

Final Bon-Ton bankruptcy toll: More than 3,500 Illinois jobs
(DBN)

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Climate:

Republican lawmaker on climate change: Rocks tumbling into ocean causing sea level rise
(DBN)

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Biofuels:

Refiners vs. Ag Dept. Over Ethanol Demand Is The U.S. Ethanol Industry Under Siege?
(DBN)

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Media:

The Last Days of Time Inc.
(DBN)

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Weather:

Hurricane season is expected to bring at least 14 named storms in 2018
(DBN)

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Healthcare:

Trios bankruptcy nears end. New owners soon to follow
(DBN)

Medicaid Expansion in All States Would Lower Uninsured Rate by a Quarter: New Report
(DBN)

Why Won't Trump Take On Big Pharma?
(DBN)

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Compensation:

Who Were The Top Earning CEOs In 2017?
(DBN)

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Economy:

The new Fed looks like it's ready to dump mortgage-backed securities Why growth may be the Fed’s Achilles' heel on its path to higher rates
(DBN)

The Fed is an open book, but foreign trade and security are the wild cards
(DBN)

World economic growth is slowing. Don't worry-yet
(DBN)

GOP Tax Cut Not for New Hiring: $178 Billion Stock Buyback Boom
(DBN)

Vacation searches are up, signaling a strong economy and comfort with employment status
(DBN)

50 million American households can’t afford basic living expenses
(DBN)

Why Can't Grads Get Hired in Strong Economy?
(DBN)

Trump lags behind his predecessors on economic growth
(DBN)

Americans give Trump credit for good economy
(DBN)

Fed NowCast (5/18/2018): 3.2% for 2018:Q2
(DBN)

BLS: Unemployment Rates Lower in 4 states in April; California, Hawaii and Wisconsin at New Series Lows
(DBN)

Rising rates, higher gas have failed to kill the economic expansion
(DBN)

A US-China trade pact is taking shape, with tariff reductions on the table, official says China's disputed $200 billion offer to cut trade deficit Commerce Secretary Ross eating crow after soup analogy on tariffs goes awry China balks at specific targets for reducing trade surplus with U.S. China agrees to 'significantly increase purchases' of US goods China, US Reach Consensus on Trade Gap China agrees to reduce trade imbalance with the U.S. Mnuchin: China-U.S. Trade War ‘On Hold’ But China won’t agree to America’s most pressing demand Treasury Secretary Mnuchin declares US-China trade war 'on hold' as both sides work toward agreement Kudlow: Trump admin making "terrific progress" in China trade talks The China bargain emerges White House walks back Chinese tariff plans China is Winning Trump's Trade War Trump’s plan to win U.S.-China trade war hits a great wall With trade war "on hold," China looks like winner China is the greatest, growing threat to America Is trade war with China ‘on hold’? Mnuchin says yes, but Trump official disagrees
(DBN)

Here’s what is next for NAFTA as U.S., Canada and Mexico fail to strike deal
(DBN)

Warren Buffett: Forget Economists
(DBN)

CA: The Big One Will Hit Economy Everywhere
(DBN)

US birth rates hit low, and diaper, baby bottle companies are feeling the pinch
(DBN)

Where Graduates Move After College Where Americans Are Moving for Work
(DBN)

Why the Wealth Gap Hits Families the Hardest
(DBN)

An 80-year Harvard study claims to have found the gateway to happiness
(DBN)

Fewer Americans are putting off weddings and kids because of money
(DBN)

How many Americans are struggling with income volatility — whether they’re rich or poor
(DBN)

The rich keep getting richer — in their 401(k)s
(DBN)

"Do People Really Downsize?"
(DBN)

A 'Terrible Intergenerational Transfer:' Pros and Cons of the Tax Cuts
(DBN)

Visualizing Two Centuries of U.S. Immigration
(DBN)

Average price of US gas jumps 10 cents, to $3 a gallon
(DBN)

Asia is now home to more billionaires than North America
(DBN)

Gig Economy: Who's Charging Those Electric Scooters?
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

Mortgage rates hit 7-year high as ultra-cheap era ends
(DBN)

NAR midyear forecast: Despite inventory, home sales expected to rise in 2018
(DBN)

Surging Prices, Rates Test Robust Demand in U.S. Housing Market
(DBN)

FHA: Volumes Down, New Book Risk Rises
(DBN)

California Existing Single-Family Home Inventory Shows First YoY Gain in a Long While
(DBN)

Early Read on Existing Home Sales in April
(DBN)

More states are starting tax-advantaged savings accounts aimed at first-time home buyers
(DBN)

Ben Carson strikes critical blow to Obama fair-housing rule
(DBN)

Jump in Interest-Only Loans in CMBS Raises Caution Flag
(DBN)

The Eviction Machine Churning Through New York City
(DBN)

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Municipalities:

Puerto Rico violence follows governor turning to the left
(DBN)

Betsy DeVos Slams Teachers on Strike in Oklahoma
(DBN)

The Deal That Might Just Break Georgia Into Pieces
(DBN)

US Public Pensions’ Funded Status Falls to 71.4% in Q1
(DBN)

Bailout for Bridgeport not part of the plan
(DBN)

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Oil/Gas:

Behind a Hedge Fund's Billion-Dollar Bet On Busted Oil Companies
(DBN)

Here's what drives the price of oil
(DBN)

The Global Oil Surplus Is Gone
(DBN)

How An How An "Oil Price Shock" Will Hurt The U.S. Economy
(DBN)

A Surprising Pause in Rig Additions Permian grows while overall oil rig count stays flat
(DBN)

Bankrupt Rex Energy To Sell Remaining Assets
(DBN)

Bankruptcy watchdog opposes energy producer Exco's bonus plan
(DBN)

Big Oil's Investors Now Want Accountability
(DBN)

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Retailing:

Trump Told Post Office to Double Amazon Rate Trump, the stealth tax-raiser
(DBN)

It was once the biggest retailer in the US. 125 years later, Sears looks a lot different CEO Eddie Lampert says Sears is shrinking in a fight to stay alive Sears is closing 40 stores in 24 states — here's the list
(DBN)

Nordstrom execs don't expect large-scale store closings
(DBN)

Pier 1 downgraded as it works on turnaround plan
(DBN)

Steinhoff asks creditors for three years to restructure retailer Steinhoff flags first-half loss as restructuring wipes out sales gain
(DBN)

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Autos:

The contrast between Tesla and the rest of the auto industry is terrifying ISS sides against two Tesla directors, backs split of Musk's roles
(DBN)

Did FCA Cheat on Emissions Back in 2010?
(DBN)

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Gambling:

Here are the states where sports betting is expected to be legal within 5 years
(DBN)

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Food/Beverage:

Chains from Starbucks to The Cheesecake Factory are being dragged into American culture wars
(DBN)

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Celebs:

Chef Jose Garces faces a crucial court date
(DBN)

Bankrupt 'Catwoman' is on the prowl for 'a top lawyer' Who is Jocelyn Wildenstein? ‘Catwoman’ socialite who filed for bankruptcy revealed
(DBN)

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Fraud:

Much of the attention to the medical diagnostics firm accused of fraud has focused on CEO Elizabeth Holmes. But behind the scenes, another character played a central role The mysterious story of former Theranos president Sunny Balwani, who former employees saw as an 'enforcer' and the SEC charged with fraud
(DBN)

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Debt Collection:

More than 7 million people may have lost driver’s licenses because of traffic debt
(DBN)

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Currency:

Financial heavyweights pour scorn on bitcoin
(DBN)

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Aviation:

Ryanair CEO says some airlines will not 'survive' the winter due to elevated oil prices
(DBN)

Airlines get higher fuel bills just as busy summer flying season approaches
(DBN)

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New Bankruptcy Opinions
(9 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (21 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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Litigation:

Being A Trial Lawyer Means Being A Creative Counselor
(DBN)

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Jurisdiction:

Foreign Online Customer is Subject to US Personal Jurisdiction in Fraudulent Transfer Litigation
(DBN)

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Politics:

John McCain's Last Fight Parting words from John McCain
(DBN)

Where ‘America First’ Once Led
(DBN)

Americans Still Say Government Is the Biggest Problem Facing the Country
(DBN)

Trump's Newest Warning to Kim Joug-un B-52s Recalled After Kim Threatened Summit Trump's second thoughts about the North Korea summit
(DBN)

Paul Ryan's House is collapsing
(DBN)

Trump goes on Sunday morning Twitter tirade attacking the Mueller probe, Hillary Clinton, and The New York Times
(DBN)

The farm bill's failure is a showcase of a fractious, polarized political system House rejects Republican farm bill as some conservatives withhold support House GOP out of control as leaders are hit with immigration revolts from two sides House fails to pass farm bill amid Republican rebellion over immigration
(DBN)

Melania Returns Home from Hospital Trump misspelled his wife's name in a tweet welcoming her home from the hospital
(DBN)

The US and Europe face an 'increasingly loveless marriage' after Trump ditched the Iran deal How Europe Can Block Trump EU Commissioner on US Trade EU could compensate firms hit by US sanctions over Iran - French minister
(DBN)

Grimm: Out of Prison Wants Back in Congress
(DBN)

Reality check: What about "Clinton collusion"? Why does Trump get away with corruption? Because Bill and Hillary Clinton normalized it
(DBN)

Voter registration accelerating among young people
(DBN)

Trump Resort Gunman is P--- Actor Who Adores Melania
(DBN)

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Personal Finance:

Best Age to Take Social Security
(DBN)

Shaq Used A Piece Of Paper To Show Young People How To Effectively Manage Their Money
(DBN)

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Guns:

BofA, Ankura Support Remington Exit from Chapter 11 Remington emerges from Chapter 11 bankruptcy with much less debt
(DBN)

As Remington emerges from bankruptcy, Montana father continues his fight
(DBN)

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Student Debt:

Hundreds of companies are taking on their employees' student loan debt
(DBN)

Study: Parent PLUS loans to African American families can be ‘predatory’
(DBN)

New Questions on Racial Disparity and Student Debt
(DBN)

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Travel:

Man On Frontier Flight Accused of Slugging Both A Deaf Pregnant Woman In the Stomach As Well As Her Service Dog
(DBN)

Passenger Urinates On Seat In Front Of Him On Flight
(DBN)

Passengers scream as tourist jet nosedives from 10,000 to 500 metres after sudden loss of pressure
(DBN)

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Tech:

Cambridge Analytica reveals finances after filing for bankruptcy Cambridge Analytica files for bankruptcy amidst “siege” of negative attention Mercer sisters liquidate beleaguered Cambridge Analytica
(DBN)

Cambridge Analytica Has Filed For Bankruptcy, But Is That Just A Fakeout Move?
(DBN)

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UK:

Labour targets Big Four after Carillion collapse Carillion fiasco shows why auditors must be accountable to parliament Carillion: 10 most shocking quotes from the report into its failure Carillion paid Slaughter and May millions for crisis advice
(DBN)

Two trends propping up economic growth in Britain have suddenly reversed as more consumers realize the damage from Brexit is permanent, not transient
(DBN)

Prince Harry is no reckless royal when it comes to money
(DBN)

Millions of Britons Are Trapped in Low-Paid Jobs
(DBN)

UK high street braces for more store closures
(DBN)

Maplin will SHUT last of its 219 stores by July
(DBN)

Tory council at risk of bankruptcy calls for funding system fix
(DBN)

Auto Racing: Creditors set to lose £23m as Caterham hits the pits
(DBN)

Chantelle Connelly suns herself on holiday in Marbella after being made bankrupt
(DBN)

London is a 'laundromat' for Russia's dirty money, UK report warns
(DBN)

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PIIGS:

Italy's Piles Of Debt
(DBN)

Italy's next prime minister could be a mostly unknown law professor
(DBN)

Greece moves closer to bailout exit after deal with creditors Optimism for a swift agreement with the creditors Greece Steps Closer to Completing Bailout Review
(DBN)

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Venezuela:

Approaching the Middle of the Beginning of the End in Venezuela
(DBN)

'Pressure Cooker': Discontent Rises in Venezuela Military as Economy Dives Empty stomachs drive soldiers to desert in droves
(DBN)

Venezuela's Crisis Not Because of Socialism
(DBN)

Venezuela seizes Kellogg plant
(DBN)

Venezuela’s Maduro seeks fresh mandate amid unprecedented social and economic crises Venezuelans, rocked by poverty and inflation, head to polls Venezuela elections: Maduro bans rivals Venezuela's Maduro eyes second term despite economic crisis Venezuela’s Maduro wins second term despite charges of sham election Venezuela's President Maduro wins election but could face sanctions Maduro wins as rivals call for new Venezuela elections
(DBN)

Voices From Venezuela: ‘Nobody Wants to Be a Pawn in a Game’
(DBN)

Venezuela's unfolding crisis, as told by its version of The Onion
(DBN)

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Canada:

Gas Prices Near All Time Record High
(DBN)

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MENA:

Saudi Arabia: 140 cases of commercial bankruptcy in 7 months
(DBN)

Poll: Jewish Israelis Love Trump
(DBN)

Are UAE employees entitled to service benefits if company goes bankrupt?
(DBN)

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France:

McDermott creates Restructuring Practice in Paris with the Arrival of Timothée Gagnepain
(DBN)

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India:

Tata Steel-Bhushan Steel deal a sound start to the new bankruptcy framework Tata Steel completes $5.2 bln purchase of bankrupt Bhushan Steel
(DBN)

Valuations to play important role in deriving benefits from Insolvency Bankruptcy Code
(DBN)

First Big Bankruptcy Success Hands $5.2 Billion to India Lenders
(DBN)

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China:

Investment in Non-performing Loans in China
(DBN)

China steel firm Kingtec facing bankruptcy amid debt pressures
(DBN)

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Switzerland:

New rules relating to the recognition in Switzerland of a foreign bankruptcy or restructuring order
(DBN)

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Australia:

A Booming Economy With a Tragic Price
(DBN)

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New Zealand:

Left behind: why boomtown New Zealand has a homelessness crisis
(DBN)

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