November 5, 2018

The Daily Bankruptcy News

View prior editions: Click Here
View prior case summaries: Click Here
Search prior headlines: Click Here
Search prior case summaries: Click Here

Format For Mobile Device



Law:

Ranking The Best Biglaw Firms For Gender Equality
(DBN)

Which Would You Rather: Pitch In The Big League Or Become A Biglaw Partner?
(DBN)

Are aggressive Biglaw attorneys the difference maker?
(DBN)

December 1: The Date All 1Ls Who Want To Work In Biglaw Should Be Prepared For
(DBN)

Burnout, Flame Out, Or Timeout?
(DBN)

Holland & Hart has seen 72 lawyers leave so far this year
(DBN)

How Is Bryan Cave's Trans-Atlantic Tie-Up Playing Out
(DBN)

Polsinelli Soon Just a Brand Name as Founder Prepares to Retire
(DBN)

Let the tweeting begin: It’s Love Your Lawyer Day • Today Is ‘Love Your Lawyer Day’ — And It’s Completely Stupid
(DBN)

Data Security Never Ends
(DBN)

Access to Law Firm Data ‘Just Too Easy,’ Worrying Clients
(DBN)

Business Development And You
(DBN)

Law School Dean Very Excited About New . . . . Conference Bike?
(DBN)

The migrant caravan from Central America is still hundreds of miles from the US border — here's everything we know about when it could arrive and what will happen next • Mexico City receives first wave from migrant caravan • Trump's border deployment could cost $200 million by year's end • What Military Can & Cannot Do at the Border • US troops lay down barbed wire along border ahead of caravan • Trump calls barbed-wire border barrier installed by U.S. troops in Texas a ‘beautiful sight’ • Trump seeks to keep asylum seekers detained until cases are heard • Migrants camped at border worry caravans will shut them out • Number of U.S.-born babies with unauthorized immigrant parents has fallen since 2007 • U.S. militia groups plan to form their own caravan at the border
(DBN)

Judge denies Trump's request for stay in emoluments case • Court: Trump Must Turn Over Hotel Records
(DBN)

The Tallahassee yoga shooting suspect had an extensive history of spreading hate online against women and minorities
(DBN)

Inmate executed in electric chair after Supreme Court rejects stay; Sotomayor dissents
(DBN)

Harvard Bias Suit in Judge's Hands
(DBN)

America’s Forgotten Pogroms • Reigns of Terror in America • Gab, the social networking site popular among the far right, has returned and users are already peppering it with anti-Semitic posts
(DBN)

Embryo swapping is the Wild West
(DBN)

Man arrested after trying to ride a horse onto the track during Breeders’ Cup
(DBN)

Conservatives want to bypass usual way to amend Constitution • Funny How The Second Amendment Is Absolute And All-Encompassing, But The Fourteenth Amendment Can Be Basically Line-Item Vetoed
(DBN)

An 18-Year-Old Said She Was R---- While In Police Custody. The Officers Say She Consented
(DBN)

U.S. Law Enforcement Failed to See the Threat of White Nationalism. Now They Don’t Know How to Stop It
(DBN)

______________

Judges:

Cuteness Overload: Kids & Pets In Ruth Bader Ginsburg Halloween Costumes
(DBN)

'I was angry, and I sent it out': Woman admits she fabricated a claim about writing an anonymous letter that accused Brett Kavanaugh of sexual assault
(DBN)

Federal judge denies Arkansas justice’s bid to halt attack ads by conservative DC group
(DBN)

______________

Wall Street:

US stocks set to open slightly higher ahead of midterms
(DBN)

Stocks fall after wild session as conflicting trade news keeps investors guessing
(DBN)

Warren Buffett loses nearly $4 billion in single day on his Apple stake
(DBN)

Why GE's penny dividend signals a sad turn for 'widow and orphan' stocks
(DBN)

Fewer Stars to Rise at Goldman Sachs as Partnership Class Shrinks
(DBN)

______________

Layoffs:

GM memo: We must cut costs, can't wait to see what happens in industry • Life After GM: A Family Upended By Auto Plant Closure Took Divergent Paths
(DBN)

Amazon is hiring fewer workers this holiday season, a sign that robots are replacing them
(DBN)

______________

Politics:

Presidential Job Approval Poll of Polls: Approve:44.2% - Disapprove: 52.6%
(DBN)

Fidelity makes gloomy forecast for US elections
(DBN)

Poll: Trump's 2020 woman problem
(DBN)

The States with the Most Hate Groups
(DBN)

Poll: Only Half of Americans Still Have Faith in Democracy
(DBN)

A Test of Trump: Midterms Could Result in a Mixed Verdict • A Nation in Turmoil Prepares to Deliver a Verdict on Trump • Gallup: U.S. Voters Using Midterms to Send Trump a Message • U.S. Midterms: Both Sides Set to Come Out in Force • Gallup: Top Issues for Voters: Healthcare, Economy, Immigration • 'Trump has hijacked the election': House Republicans in panic mode • Democrats closing gap in key Senate races as late polls defy forecasts • Beto O'Rourke's momentum against Ted Cruz peaked too early, analysts say • Did Beto Blow It? • New poll has Andrew Gillum up by 4 in Florida governor's race • What the Democrats Would Do With a House Majority
(DBN)

Romney criticizes Trump’s characterization of media as ‘enemy of the people
(DBN)

Congress Thinks Voters Are Way More Conservative Than They Actually Are. Here’s Why.
(DBN)

Tuesday’s elections feature one of the most diverse groups of candidates ever
(DBN)

HBO responds to Trump tweet: ‘How do you say trademark misuse in Dothraki?’ • Trump invokes ‘Game of Thrones’ in tweet, and HBO is among those not amused
(DBN)

Democrats hold 7 point advantage ahead of midterms as Trump's base comes back home: NBC-WSJ poll • The most expensive midterm ever is just days away — and the House is Democrats' to lose
(DBN)

9 Senate races that are shaping up to be nail biters and will determine which party controls the Senate
(DBN)

America’s petty tribal arguments are now driving the bus on serious policy
(DBN)

Stephen Miller’s Uncle is Still Not Here for His Nephew’s Nationalist Policies
(DBN)

The Trump cult
(DBN)

Trump FactCheck: Democrats are 'the party of crime.'
(DBN)

From Farms to Pharma, What the Midterms Mean for Business
(DBN)

Trump sounds optimistic note on midterms, but distances himself from potential GOP House losses • Trump says he’s focused on Senate as potential loss of House looms
(DBN)

Georgia voters get racist, sexist robocalls featuring Oprah Winfrey impersonator
(DBN)

Georgia Sec. of State calls for FBI vote hacking investigation, points finger at state Democrats • Georgia’s Kemp accuses Democrats of hacking; Abrams dismisses claim as distraction
(DBN)

Georgia May Be The Place Where The Seeds Of Doubt About Democracy Finally Take Root
(DBN)

Capt. Sullenberger: I’ve never been more concerned about this country’s future
(DBN)

"Casting Team Trump": A visit to Trump's Land of Misfit Toys
(DBN)

______________

Tech:

Google CEO on employee walkouts: 'Moments like this show that we didn't always get it right'
(DBN)

When the going gets tough, Apple hides its numbers
(DBN)

Trump says his administration is 'looking at' whether Amazon, Facebook and Google are violating antitrust laws
(DBN)

______________

Festivals:

TanaCon organizer files for bankruptcy, teases ‘real’ TanaCon documentary
(DBN)

______________

Solar:

SunPower Spiraling Towards Bankruptcy
(DBN)

______________

Consumer Goods:

Newell Brands Sees Progress With Its Turnaround Efforts
(DBN)

______________

Furniture:

Up to $1,000 an hour: Heritage Home execs reap higher compensation in bankruptcy process
(DBN)

______________

Museums:

What a bankruptcy sale of McMinnville waterpark could mean for Evergreen aviation museum
(DBN)

______________

Pharma:

Opioid crisis fuels massive litigation against Purdue Pharma
(DBN)

______________

Travel:

Flight From Hell: Orlando to London Takes Three Days
(DBN)

______________


Economy:

Wages surge as US adds a robust 250,000 jobs in October • U.S. payrolls rise more than forecast as wage gains hit 3.1% • Two Charts Show Trump's Job Gains Are Just A Continuation From Obama's Presidency • October Employment Report: 250,000 Jobs Added, 3.7% Unemployment Rate • Comments on October Employment Report • Wage growth accelerates for workers, but salaries for the 1% just reached a new high • Public and Private Sector Payroll Jobs During Presidential Terms
(DBN)

Year-over-Year Change to Average Hourly Earning of All Employees
(DBN)

How expensive is it to service the national debt? : A battle between interest rates and growth rates
(DBN)

How Real is Trump's Jobs Miracle?
(DBN)

Q4 GDP Forecasts • New York Fed Staff Nowcast for 2018:Q4 stands at 2.6%. • Fed GDPNow latest forecast: 2.9 percent — November 2, 2018
(DBN)

The Trump Scoreboard looks pretty good — if he’d only talk about it
(DBN)

David Stockman: Epic downturn is here, brace for 40% market plunge
(DBN)

These 4 charts show why Trump's campaign claims about the US economy don't add up 
(DBN)

A photographer spent 7 years exploring the barren expanse of America's highways and returned with stark photos documenting the difficult realities of life in the US
(DBN)

China trade tensions may send stocks on another downturn • Trump Hopes for a Trade Deal with China • Companies Feel the Tariff Pinch • Evidence that U.S.-China trade talks are the biggest catalyst for the stock market • The US keeps cutting large checks to China, Japan and Germany • Trade Deficit increased to $54.0 Billion in September • China Willing to Discuss Trade Issues on Equal Footing •US-China trade talks will 'go on for some time,' Nobel Prize winner says • Caterpillar's Playbook for Dealing with Tariffs • Jack Ma Says the Trade War Is the 'Most Stupid Thing' • Tariffs threaten The Container Store's turnaround
(DBN)

How President Trump Saved The Last Tank Plant In America
(DBN)

Does the U.S. Still Have a 'Middle Class'? • How the Economic Lives of the Middle Class Have Changed Since 2016, by the Numbers
(DBN)

Visualizing the ‘Great Decoupling’
(DBN)

Federal government: States won’t win fight to reverse $10,000 tax cap
(DBN)

House Passes $3.8 Trillion More in Tax Cuts
(DBN)

2017 Was Best Year for Billionaires in Recorded History With U.S. Leading the Way
(DBN)

Baby boomers ruined America, according to this Generation X author
(DBN)

Why women leave the workforce
(DBN)

Joseph Stiglitz: 'America should be a warning to other countries'
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

Here’s what the bear market in home construction stocks is trying to tell us
(DBN)

Goldman Sachs on Housing Slowdown
(DBN)

New Homebuyers Face A Friendlier Housing Market, Thanks To Cooldown
(DBN)

Renters face more financial challenges than homeowners, a study finds
(DBN)

We did the math to calculate how much money you need to save monthly to buy a home by 35
(DBN)

Military families are living in homes with black mold, rodents and mushrooms, but housing officials say, 'They don't have to live with us'
(DBN)

Construction wage gains hit 9-year high, as builders woo workers with $30 per hour pay
(DBN)

____________

Municipalities:

Broken Island, Costly Bankruptcy
(DBN)

Rating Criteria Fallout, Chicago Postpones, Detroit Returns And Appropriation Bonds
(DBN)

Amazon reportedly eyes Northern VA as its 2nd headquarters, and a final decision is 'close'
(DBN)

Are public pensions America’s next retirement crisis?
(DBN)

______________

Oil/Gas:

Ocean Rig Sends Conflicting Signals
(DBN)

Natural Gas Deep Dive
(DBN)

New Delaware Chapter 11 Filing – Summary: New Chapter 11 Bankruptcy Filing - FR Dixie Holdings Corp. • Dixie Electric, LLC • Energy industry recovery cannot save Dixie Electric from Ch. 11
(DBN)

Energy Department says US is now world's top oil producer
(DBN)

Oil's Slump Could Send Riskiest Junk Bonds Further Into Distress • Oil Trades Near Six-Month Low as Fears of a Shortage Subside
(DBN)

Oil Can Move Past $100 in 2019
(DBN)

______________

Autos:

More Reagor Dykes companies file for bankruptcy • 5 more RDAG entities file to be included in Chapter 11 bankruptcy • Reagor Dykes Auto Group Section 363 Bids Due November 12
(DBN)

Elon Musk says there's a 'good chance' Ford doesn't survive the next recession
(DBN)

Luxury car owners trade up for American pickups as Ford, GM and Dodge trucks dominate market
(DBN)

______________

Personal Finance:

Here's the age at which you'll earn the most in your career
(DBN)

The reason you’re in debt may be hiding in plain sight
(DBN)

______________

Fraud:

SC resort buyers ran a ‘Ponzi-like’ scheme as deal unraveled, feds say
(DBN)

The criminals at Goldman Sachs
(DBN)

______________

Hotels:

AR: Hotel seeks bankruptcy protection
(DBN)

Hotels: Occupancy Rate Increased Year-over-year
(DBN)

______________

Food/Beverage:

Colorado brewery that forced McFate Brewing name change files bankruptcy
(DBN)

______________

Corporate Reform:

Trump Administration Spares Corporate Wrongdoers Billions in Penalties
(DBN)

Taking on Goldman Sachs and the New York Fed: A whistleblower tells her story
(DBN)

______________

Student Debt:

Student-Loan Debt Is Crushing Millennials
(DBN)

An increasing number of public colleges are unaffordable for low-income students
(DBN)

New Report Finds Student Debt Burden Has ‘Disastrous Domino Effect’ On Millions Of Americans
(DBN)

______________

Coal:

“Jobs Alliance” Backed by Coal Giant Loses Bid To Stop West Virginia Natural Gas Plant
(DBN)

______________

Religion:

New Orleans: 57 More Accused Priests
(DBN)

Catholic bishops promised reform in abuse scandal. But they didn’t look at their own misdeeds • America’s Catholic bishops vowed to remove abusive priests in 2002. In the years that followed, they failed to police themselves
(DBN)

______________

Climate:

Justices refuse to block climate-change trial
(DBN)

On climate change, Trump disavows his own scientists, government
(DBN)

______________

Music:

The Spectacular Existential Crisis of Pandora
(DBN)

______________

Maritime:

Shipbuilders struggle despite wave of orders
(DBN)

Conciliator to help French offshore carrier with rescue plan
(DBN)

______________

Transit:

Uber Starts Subscription Service in 5 Cities
(DBN)

______________

Pensions:

Corporate pension funding slips below 90% in October – 2 reports
(DBN)

______________

Advisers:

AlixPartners Completes Acquisition of Zolfo Cooper
(DBN)

_____________

 
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 (97 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (12 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)

______________

Bankruptcy Statistics:

BK CD CA: Bankruptcy Filings for September, 2018
(DBN)

BK NV: Mega Case Added – Credit Management Association, Inc.
(DBN)

______________

Equity Interests:

Post-Confirmation Purchasers of Shares Be Aware: Third Circuit Holds Shares are Subject to the Plan, Including Its Releases
(DBN)

______________

Sales:

U.S. Bankruptcy Court Enjoins Asian Investor from Invoking Shareholder Purchase Rights in an Asian Joint Venture
(DBN)

______________

Litigation:

Settlement: Don’t Hate The Player, Hate The Game
(DBN)

______________

IP:

Supreme Court Watch: Mission Product v. Tempnology
(DBN)

______________

Miscellaneous:

Rochelle
(DBN)

______________

Automatic Stay:

5th Circuit Holds Bankruptcy Stay Tolls Statute of Limitations
(DBN)

______________

Mass Torts:

Third Circuit Remands W.R. Grace Decision Concerning Plan Channeling Injunction and Insurance Providers, Providing Additional Insights for Third Parties and Claimants
(DBN)

Floor maker says lawyers' theories fall short in NYC asbestos case
(DBN)

______________

Retailing:

Sears, chairman, lenders seek bankruptcy loan breakthrough • Sears Expands Kenmore, DieHard Brands With Licensing Deals • Sears to license out manufacturing of some Kenmore, DieHard products • Sears gearing up for do-or-die holiday season • Sears ramps up holiday offerings • Sears' holiday sales are in peril as suppliers from GE Appliances to Serta Simmons demand they return millions of dollars of goods • Doubts about Sears survival curb vendor options • Washington Prime CEO cites The Brady Bunch in rant about Sears • Sears bankruptcy leads industry to a crossroads • Sears Holdings Seeks Court Approval Of Stalking Horse Asset Purchase Agreement With Service.com To Sell Sears Home Improvement Business • Hanes slashes its outlook because of Sears' bankruptcy • Sears hopes to sell its home improvement business to Service.com
(DBN)

Two dead in Amazon.com warehouse's partial collapse
(DBN)

Three ways the US midterm elections will affect world politics
(DBN)

Kroger to revive former Toys R Us brands
(DBN)

New Toys “R” Us owners in the U.S. mull physical stores next year
(DBN)

Hasbro's Problems Are Bigger Than the Toys R Us Bankruptcy
(DBN)

Dallas 'among small handful of communities' in late-stage talks for Amazon HQ2 • Amazon executive lectures presumptive ‘HQ2’ leaker in Virginia suburb
(DBN)

Toys R Us to open holiday pop-up shops
(DBN)

Home Owners Bargain Outlet Liquidates All Stores in Chicagoland and Wisconsin in Chainwide Bankruptcy Liquidation
(DBN)

4 retail lessons from an upgraded Macy's store
(DBN)

Bankruptcy papers show losses at Herb Philipson's
(DBN)

______________

Healthcare:

Emergency center co. to close Houston HQ, cut jobs amid bankruptcy proceedings
(DBN)

Española nursing home closing amid chain’s bankruptcy
(DBN)

The One Issue That’s Really Driving the Midterm Elections
(DBN)

Trump FactCheck: "The Democrat plan would just obliterate Medicare and terminate Medicare Advantage ... seniors who have been paying for this for years (and) will not be taken care of anymore."
(DBN)

______________

UK:

Some of the City of London's most powerful figures are backing a second Brexit referendum • Business leaders call for second EU vote • Brexit deal talk sends pound climbing against dollar • Do I Have to Talk About Brexit? • UK Deal Prospects Plummet Amid Mounting Brexit Worry, EY Says
(DBN)

'Broke' Katie Price shows off £1,000 puppy as she spends rare day with daughter Princess • Katie Price's decrepit mansion was once a 'money-pit which bled her dry after thousands of pounds worth of renovation' • Katie Price hunts for a new luxury rental car after years of boasting fleet of fancy pink vehicles... as her bankruptcy deadline looms
(DBN)

'It's not us': Bolton University boss says it is not on 'brink of bankruptcy'
(DBN)

National Union of Students faces bankruptcy over £3m deficit
(DBN)

Restaurant insolvency reaches record high as more than 1,100 businesses go bust
(DBN)

Business confidence at lowest level in nearly a decade
(DBN)

______________

PIIGS:

Italy’s Economy Struggles as Tensions With EU and Market Worries Take Toll
(DBN)

______________

Canada:

ServiCom bankruptcy documents list five unsecured creditors based in Cape Breton
(DBN)

Jean Machine to close down all 24 of its stores by the end of February
(DBN)

______________

Africa:

Fastjet pins hopes on creditors deal
(DBN)

______________

India:

India's new economic reform and its terrific results
(DBN)

The Essar Insolvency Case: Supreme Court Unravels Section 29a Of The Insolvency And Bankruptcy Code
(DBN)

Indian gov't fears NBFC defaults without liquidity lifeline -report
(DBN)

Defaulters find IBC a stumbling block to loan write-downs: RBI
(DBN)

4-Year-Old Girl Gang-R---- by Nurse and Four Others While in Intensive Care for a Snake Bite
(DBN)

______________

Malaysia:

Can A Bankrupt Sue For Unfair Dismissal?
(DBN)

______________

MENA:

Trump Digs In for a Long, Cold War With Iran • Iran will defy US sanctions and sell oil, President Rouhani says • US unleashes sanctions on Iran, hitting oil, banking and shipping • Trump has his cake and eats it too with sanctions tanking Iran's economy and oil staying low • Iranians Dread the Pain of New Sanctions
(DBN)

UAE law paves way for 100% foreign ownership in some business sectors
(DBN)

______________

China:

China's services sector grows at slowest pace in 13 months as orders dry up
(DBN)

______________

Australia:

'I will lose everything': Granite Transformations franchisees struggle
(DBN)

______________

Russia:

Russia’s DIA files $108.2 million lawsuit against ex-heads of Renaissance bank
(DBN)

______________


The Daily Bankruptcy News is primarily a curated news link gathering service.   Most of the headlines contained in the publication are a collection of links to stories posted on the Internet by various third party publications.  Such content is owned by third party sources, not The Daily Bankruptcy News, and in some cases, these links change or expire, which means you may not be able to view some news stories in prior editions of the Daily Bankruptcy News. The DBN subscription fee is not a fee for access to the content of the links, but is a charge for the considerable work involved in gathering, organizing and presenting the links. Use of this site and The Daily Bankruptcy News is subject to our Terms of Use. If you received The Daily Bankruptcy News via email (and you have a paid subscription account), to view a news story, click on the headline, and the story should open in your web browser. To view additional stories, click back to the email and click on additional headlines, which will cause new stories to open in your web browser.  You can view the Daily Bankruptcy News on the web by clicking here.

Advertising
Advertising is available in The Daily Bankruptcy News. Click here for details  Feel free to contact us with any questions.

Passwords/Subscriptions
Access to certain links in The Daily Bankruptcy News is available only to readers holding a paid service subscription. These links are currently marked with a "DBN" notation. The cost of a subscription is $65/year, payable annually.  Volume discounts are available for sites with multiple users. Click here to see a schedule of discounts. Complimentary subscriptions are available for full-time educational and governmental employees and for full time students. For information about discounts or educational/governmental subscriptions, contact us by clicking here. A separate password is required for each member of a firm wishing access to restricted links.

New readers can receive a free password good for 30 days by clicking here. 30-day passwords are not available to readers who have previously had a password, even if the password was associated with a different email address used by the reader. Refunds are not available after purchase.

Readers who wish to change their passwords should click here. Readers who have forgotten their password should click here.

Adding Your Email Address To The Distribution List
If you would like to start receiving The Daily Bankruptcy News by email each day, click here, and fill in the information requested. There is no charge to be placed on the distribution list to receive the headlines, although access to many of the links behind the headlines requires a paid subscription (see above, under Passwords). If, after adding your email address to the distribution list, you do not receive an email confirming the addition, please contact us by clicking here for help.

Removing Your Email Address From The Distribution List
If you already receive The Daily Bankruptcy News by email and you wish to remove your email address from the distribution list, click here and send the email that should appear. You do not need to type anything in the body of the email message. Note that the email asking for removal must be sent from the same email address which is on our distribution list. If you do not receive an email confirming deletion of your email address from the distribution list, contact us by clicking here for help.

If receive the publication forwarded from an older email address, you will need to contact us as described below for help removing that older address from our distribution list.

Press Releases/News Tips
Please send press releases and news tips to admin@bkinformation.com

Contact Us
The Daily Bankruptcy News is published each business day by BKINFORMATION.COM, L.L.C. You can phone or text us at 281-402-3957. You can email us at accounting@bkinformation.com (email inquiries are usually answered substantially more quickly than phone inquiries). Our mailing address is 935 Eldridge Road, No. 350, Sugar Land, Texas 77478.
Copyright 2018