October 10, 2018

The Daily Bankruptcy News

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Law:

Legal industry posts jobs gains in September
(DBN)

Study: Average price of a JD drops amid declining class sizes, costing $1.5B a year in lost tuition
(DBN)

David Boies Scores Coup With HUGE Lateral Pickup
(DBN)

Women-Owned Law Firms Surge Amid Gender Disparity in the Profession
(DBN)

Getting Paid As A Lawyer Really Shouldn’t Be So Hard
(DBN)

JP Morgan Chase's $5.3M Sanctions Settlement: Some Lessons
(DBN)

Glimpse Into Ropes & Gray’s Hourly Rates
(DBN)

World Bank Group's Proposals on Small Business Insolvency
(DBN)

Dorsey & Whitney Taps Firm ‘Lifer’ as Managing Partner
(DBN)

The 21-year-old who built a robot lawyer to fight parking tickets has a new tool to help you automatically sue companies who get hacked
(DBN)

Bankruptcy is a powerful tool for fighting predatory bills. This app helps you do it for free
(DBN)

Gains Stall For Female Partners In Numbers, Salaries
(DBN)

New York State Bar Association Thinks Africa Is A Country
(DBN)

Locke Lord Sued For Malpractice Over Stolen Escrow Funds
(DBN)

The Death of the IPO
(DBN)

Amid #MeToo, New York Employers Face Strict New Harassment Laws
(DBN)

Voice-activated time-tracking assistant Tali wins $100k in Clio’s Launch//Code competition
(DBN)

Isn’t increasing revenue and value by creating more satisfied, loyal, paying clients supposed to be the whole point of this innovation frenzy?
(DBN)

The Trump Campaign Says Exploiting Hacked Emails Is Free Speech
(DBN)

The Best Bar Exam Results We’ve Seen Yet
(DBN)

Will AI make us dumb?
(DBN)

Former law firm of disbarred lawyer Stan Chesley agrees to pay $19M for fee overcharges
(DBN)

Stormy Daniels Shouldn't Get Declaratory Relief, Court Told
(DBN)

Ex-Big Law Partner to Be Sentenced Wednesday in $7.8M Law Firm Fraud Scheme
(DBN)

Stormy Daniels’s Oral Will: Noncupative Wills Make For Risky Estate Planning
(DBN)

Former FBI lawyer: Plot to record, remove Trump not a joke
(DBN)

Anthony Weiner to be released from prison early
(DBN)

Ex-Goldman CEO Aide Accused In Wine Theft Leaps To Death
(DBN)

Appeals Court OKs Wilbur Ross Deposition
(DBN)

Couple accused of kidnapping, killing, dismembering single mothers
(DBN)

Sudden release of hundreds of migrants in Phoenix is 'start of dam breaking'
(DBN)

What The Future of Facial Recognition Means For Law Enforcement
(DBN)

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Judges:

Federal and state courts announce closures ahead of Hurricane Michael Courthouse Closures for Hurricane Michael U.S. Bankruptcy Court offices in Tallahassee and Pensacola will be closed from Tuesday afternoon, October 9 through Thursday, October 11
(DBN)

Judge Joan N. Feeney to Retire; Merit Selection Panel Appointed
(DBN)

A "view" from the courtroom: Justice Kavanaugh takes the bench After a bitter nomination fight, America’s highest court gets its ninth judge Kavanaugh hears first arguments as Supreme Court justice 'This is war': The fight to impeach Brett Kavanaugh is about to become a defining issue of the 2018 elections — and beyond The fight over Brett Kavanaugh’s confirmation has left the United States deeply divided Clinton says Trump remarks at Kavanaugh swearing-in undermine Supreme Court Superior ruthlessness isn’t why Republicans control the Supreme Court DC Circuit receives complaints about Kavanaugh, reportedly sends them to Supreme Court How Can We Be Sure Brett Kavanaugh Will Be An ‘Independent’ Justice? Kavanaugh Classmate: FBI Probe Was a Joke As Justice, Like Circuit Judge, Kavanaugh Shows Active Style on Bench Kavanaugh’s Night at the White House: The Lawyers Inside the East Room
(DBN)

95 percent of Supreme Court justices have been white men
(DBN)

The Youngest Person To Ever Become A Supreme Court Justice
(DBN)

When A Justice's Vote Is Pivotal, Politics Rules: Study
(DBN)

John Roberts’s Chance for Greatness
(DBN)

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Wall Street:

US futures fluctuate as investors keep a close eye on bond yields
(DBN)

Stocks in Hong Kong, China try to stay afloat; Nikkei slips
(DBN)

S&P 500 notches 4-day losing streak in volatile session as rates hit multiyear highs
(DBN)

Does Trump have a point on financial reporting?
(DBN)

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Layoffs:

Coal company files for bankruptcy Westmoreland expects no job cuts
(DBN)

More than 150 Capital One employees facing layoff in Lincoln
(DBN)

Ford Prepares for Mass Layoffs After Losing $1 Billion to Trump's Trade Tariffs, Report Says
(DBN)

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Politics:

Nikki Haley resigns as US ambassador to the UN ‘Something doesn’t smell right’: The curious timing of Nikki Haley’s exit Haley Lists up to $1 Million in Personal Debt Conservatives are pushing Trump to tap his controversial ambassador to Germany to replace Nikki Haley at the UN The Short List to Replace Nikki Haley Trump officials have talked to Goldman Sachs' Dina Powell about possibly replacing Haley in UN role Nikki Haley's departure severs a vital lifeline between Trump and principled conservatives 3 theories behind Nikki Haley's shocking resignation Did Nikki Haley Do a Good Job? We haven't seen the last of Nikki Haley Where Will Nikki Haley Go From Here? Trump boasts that Ivanka would be an "incredible" successor to Haley Nikki Haley Was a Popular UN Diplomat Are All the Adults Leaving the Room?
(DBN)

If you think the Kavanaugh confirmation was ugly, brace yourself for what's coming next
(DBN)

Susan Collins shows the eloquence of Margaret Chase Smith
(DBN)

GOP Colleagues Defend Murkowski
(DBN)

Trump seeks to keep Republican anger high
(DBN)

The 'gender dividend' in the post-Kavanaugh midterm elections
(DBN)

Indiana Democrat touts support of Trump in bid to keep seat
(DBN)

Donald Trump's decade-long buying spree defied norms and tapped an unusual source
(DBN)

'I just can't leave now': Trump shelves summit with North Korea's Kim Jong Un until after the midterms
(DBN)

Wave watch: Inside the Democratic primary turnout surge Democrats hold slight advantage heading in to midterm elections Two dozen races will determine House: Republican memo
(DBN)

Cruz Bails, Beto Gets TV Hour to Himself
(DBN)

Trump's Numbers Stronger Than You Think
(DBN)

Bloomberg Registering as Dem as He Weighs 2020 Bid
(DBN)

John Kerry Sounds Like a 2020 Candidate
(DBN)

Lindsey Graham Doesn’t Want a Primary
(DBN)

Bernie barnstorming country ahead of midterms
(DBN)

Iowa Crowd Chants 'lock Her Up' At Mention Of Feinstein
(DBN)

When the Senate Was Civil and Bipartisan
(DBN)

The liberal world order never really existed
(DBN)

Turnover at the Top of the Trump Administration Is … “Unprecedented.” How Trump hires
(DBN)

Florida, Georgia, NC Still Purging Voter Rolls
(DBN)

Melania Tells All to ABC News
(DBN)

The Hidden Money Funding the Midterms
(DBN)

EPA Chief "Liked" Racist Obama Memes
(DBN)

Illinois University to Teach 'Trumpaganda' Class
(DBN)

Trump jokes about impeachment on the campaign trail
(DBN)

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Climate:

Hurricane Michael is now a major Category 4 storm, and it's still strengthening as it approaches Florida's Gulf Coast Hurricane Michael is on the verge of becoming a Category 3 storm, and it's still strengthening as it approaches Florida's Gulf Coast Hurricane Michael targets north Florida as 'monstrous' storm gains strength Hurricane Michael intensifies, looms as historic storm for Florida Hurricane Michael: Some Pensacola Beach condo, hotel dwellers won't go 500,000 Ordered or Advised to Evacuate Nursing homes prep for power outages from Hurricane Michael Radar
(DBN)

Trump greets major UN climate report with suspicion How to Understand Dire UN Climate Report
(DBN)

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Alternative Energy:

An uncertain future for America’s wind energy capital
(DBN)

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Economy:

Trump says he doesn't like what the Fed is doing, central bank is going too fast in raising rates
(DBN)

Fed’s Williams says he expects more ‘gradual’ rate hikes
(DBN)

Cramer admits he's getting 'a little cautious' about the Fed's effect on the economy
(DBN)

Why Rising Interest Rates Really Matter
(DBN)

CBO: Tax Cuts Fueling New Huge Deficits
(DBN)

Small Business Optimism Index decreased slightly in September Small Business Optimism Index Decreased Slightly in September
(DBN)

Trump is planning a big change to your gasoline as a boost for one of the states hit hardest by his trade war Trade tensions could trigger another global financial crisis, but investors appear complacent: IMF How to Stop a War Between the US and China Is This China’s First Defeat In The Trade War? Twists and Turns in US -China Trade War Who wins in Trump's trade war? Alibaba's Jack Ma Says the U.S. Will 'Suffer More' in Its Trade War with China Trump's trade war an 'economically illiterate' geopolitical power play What’s behind Trump’s trade war? Trump and China look headed for a double-barreled trade and currency war with neither backing down Gillette gets a break from steel tariffs for its razors Trump's tariffs have already cost Ford $1B; now it's planning layoffs China September exports seen slowing further as U.S. tariffs bite P&G CEO: Trump tariffs affecting company Trump says China not ready to reach trade deal, repeats threat of more tariffs Tariffs are like an 'injury by a thousand paper cuts' Trump’s Tariffs and Target Are Killing Dollar Tree Trump's Tariffs Echo The U.S. Trade Policy That Led To The Great Depression Trump tariffs are divisive among Texas manufacturing executives Trump Claims Trade Victories but Businesses Struggle Under His Approach Farmer aid to offset Trump tariffs could be less than first estimated Farmers struggle to store crops as US tariffs start to take their toll
(DBN)

Treasury’s Mnuchin warns China against currency devaluations as yuan falls: report
(DBN)

Listen to the IMF's new warning, economist says, and cut your exposure to US stocks
(DBN)

IMF warns some emerging-market countries could face ‘severely adverse’ capital outflows
(DBN)

Thousands of Southerners Planted Trees for Retirement. It Didn’t Work
(DBN)

America’s youngest working generation could become an economic powerhouse
(DBN)

It’s better to be born rich than talented
(DBN)

Visualize the Entire Global Economy in One Chart
(DBN)

GOP Lawmakers Push Back on Trump’s Federal Pay Freeze
(DBN)

Most Americans view openness to foreigners as ‘essential to who we are as a nation’
(DBN)

Are profits close to peaking?
(DBN)

When the Next Recession Hits
(DBN)

Trillions in US net worth vulnerable to recession, warns IMF
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

Five Secrets to Maximizing a Landlord’s Claim in Tenant Bankruptcies
(DBN)

Mortgage rates jump past 5%, signaling more home price cuts ahead Mortgage Rates Hold Above 5%
(DBN)

Fannie Mae: Mortgage Serious Delinquency rate decreased in August, Lowest since Sept 2007
(DBN)

As Hurricane Michael looms, private insurers rise to take on the debt-ridden federal flood program
(DBN)

Hurricane Michael puts 57,000 Gulf Coast homes at risk
(DBN)

Luxury apartments totally dominate the rental market
(DBN)

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Municipalities:

Report: Hedge funds that 'killed' Toys 'R' Us prey on Puerto Rico
(DBN)

How Disaster Capitalism Has Ruined Puerto Rico
(DBN)

To Better Understand Detroit’s Revival, Look At Its Water And Sewerage Department
(DBN)

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Oil/Gas:

Oil prices are ‘entering the red zone,’ warns International Energy Agency chief Global Growth at Risk as Oil Enters Red Zone Fed’s Kaplan sees risk of higher oil prices ahead Oil could soar to $100 as Trump shuts Iran out of the market
(DBN)

Permian Wells Dry Up Faster Than Expected
(DBN)

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Autos:

Reagor Dykes seeks court order forcing lenders to pay tax, title, license and trade-ins
(DBN)

Tesla surges after analyst says he doesn't see it needing to raise more cash
(DBN)

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Religion:

What Could Bankruptcy Look Like For The Pittsburgh Diocese? It Depends
(DBN)

A Catholic society used dreams of a medieval life and rebellion to groom young victims of abuse
(DBN)

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Student Debt:

The US Is Facing a Student Loan Repayment Crisis
(DBN)

Feds say they’ll forgive your student loan, but almost no one actually benefits
(DBN)

Why is Student Debt Rising? Look at Your State’s Budget for Answers
(DBN)

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Cybersecurity:

An alarming report shows hackers can break into US weapons systems in less than an hour
(DBN)

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Awards:

ABI Announces 2018 "40 Under 40" Emerging Leaders in Insolvency Practice
(DBN)

Kelly DiBlasi Named to American Bankruptcy Institute’s 2018 40 Under 40
(DBN)

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Holidays:

Goodbye, Columbus Day
(DBN)

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Personal Finance:

Why these women chose to be child-free — and why that’s completely fine
(DBN)

This bank fee has risen 53% over the last decade ATM fees for noncustomers hit another record high
(DBN)

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Tech:

Snapchat 'Quickly Running Out Of Money'
(DBN)

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Travel:

'Emotional support' squirrel gets passenger removed from flight
(DBN)

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Celebs:

‘The Little Couple’s Jen Arnold & Bill Klein’s Family Bankruptcy Secret Exposed
(DBN)

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Commodities:

Noble flags objection from Yancoal over terms of restructuring plan
(DBN)

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Transit:

Bird CEO: We Go Where There's No Laws
(DBN)

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Healthcare:

County offers $235M for local hospitals
(DBN)

Patients moved, workers let go as Bridgeport Manor closure nears
(DBN)

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Maritime:

Anger in Europe as state subsidies for South Korean carrier HMM soar
(DBN)

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Tax:

Most tax dodges by the ultra-wealthy are perfectly legal
(DBN)

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New Bankruptcy Opinions
(2 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (66 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (30 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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Sales:

A ‘Free and Clear’ Sale Order Is Only as Good as the Notice It Is Predicated Upon
(DBN)

Junior Creditors Could Share In 363 Bankruptcy Sales
(DBN)

True-Sales: Quest Continues to Create a Doctrine to Guide Investors, Creditors, Courts
(DBN)

Maximizing the Value of Assets—It’s the Details that Count
(DBN)

Turning Intangible Assets into Tangible Value in Bankruptcy Sales
(DBN)

Fostering Competitive 363 Sales Is Not Always ‘Cause’ to Limit Right to Credit Bid
(DBN)

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Contracts:

Franchise Agreement Not Properly Terminated Pre-Bankruptcy
(DBN)

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Valuation:

Fifth Circuit Adopts Flexible Approach to Collateral Valuation in Cramdown Chapter 11 Cases
(DBN)

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UST:

Problematic Consumer Debtor Attorney's Fee Arrangements and the Illusion of "Access to Justice"
(DBN)

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Mediation:

A False Assumption: Some Types of Cases are “Not Amenable” to Mediation
(DBN)

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Mootness:

Equitable Mootness: Ignorance is Bliss and Unconstitutional
(DBN)

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Toys:

The world's most iconic toy store is reopening after suddenly shutting down 3 years ago
(DBN)

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Biofuels:

Trump hopes to help vulnerable Iowa Republicans with his big boost for ethanol Here’s what Trump’s ethanol plan means for farmers, refiners and motorists Trump Sides With Farmers Over Big Oil
(DBN)

Is US Biofuel in Jeopardy?
(DBN)

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Coal:

Westmoreland Coal Files for Chapter 11 Bankruptcy Summary: New Chapter 11 Filing - Westmoreland Coal Company Colorado’s Westmoreland Coal files for Chapter 11 bankruptcy in face of $1.4 billion in debt Ohio strip-mining proposal not likely to be affected by bankruptcy filing, firm says Coal company that owns Central Texas mine files for bankruptcy Owner of Kemmerer coal mine files for bankruptcy Westmoreland Coal Co., with mines in Montana, files for bankruptcy One of oldest coal companies in US files for bankruptcy First Day Dec
(DBN)

The End of Coal Could Be Closer Than It Looks
(DBN)

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Retailing:

Examiner Appointed in Samuels Jewelers Bankruptcy
(DBN)

Sears is said to be inching closer to bankruptcy and a filing could come as soon as this week, report says Sears hires bankruptcy expert as debt deadline looms Sears hires M-III Partners for bankruptcy filing Is Sears Going Bankrupt? The Cash-Strapped Retailer Drops a New Clue It's Nearing Chapter 11 Sears hires a bankruptcy expert Sad Sears Saga Stretches On Sears Prepares For Bankruptcy Filing Sears reportedly preparing for bankruptcy filing as soon as this week Sears hires advisers for bankruptcy filing ahead of debt payment Sears adds a restructuring expert to board as debt comes due DealBook Briefing: Sears May Be on the Brink of Bankruptcy Sears hires a bankruptcy expert Sears arranges financing for a potential bankruptcy filing Sears tumbles on report of possible bankruptcy filing
(DBN)

Got $592 Million? You Could Buy Sears And JC Penney
(DBN)

Report: CNY outdoor clothing chain 'Herb' Philipson's files for bankruptcy
(DBN)

Retail Industry's CEO Turnover Rate Has Hit A Record High
(DBN)

A Brand Wrapped In Bankruptcy Inside An Enigma
(DBN)

Toys R Us is hinting at a post-bankruptcy revival and some former employees are not happy about it
(DBN)

Carving up the Toys "R" Us bonanza
(DBN)

How Amazon is killing comparison shopping
(DBN)

Druckenmiller: Fed Will Kill Retailer Zombies
(DBN)

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UK:

UK Corporate Insolvency Reforms: What do I need to know?
(DBN)

Can’t Prove it? You’ll lose it.
(DBN)

Maplin creditors left with £285m black hole from collapse
(DBN)

Brexit's economic damage is getting real
(DBN)

IMF: UK public finances are 'vulnerable to recession'
(DBN)

Negotiators for U.K., EU nudge closer to Brexit deal
(DBN)

Liam Fox under pressure to rule out adopting US food standards in Brexit trade deal with Trump
(DBN)

Katie Price has three weeks until bankruptcy hearing but ‘doesn’t seem to care’
(DBN)

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EU:

Antwerp 1515 - A Big Bang in European Bankruptcy Law
(DBN)

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PIIGS:

Bank of Italy warns of capital woes for lenders if yields keep rising Italy's Banks Stumble Into a New Crisis
(DBN)

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Canada:

Preservation of Human Dignity as the Justification for Excluding Personal Rights of Action in Bankruptcy
(DBN)

Appellate Court Casts Doubt on Finality of Asset Sales in Canadian Insolvency Proceedings
(DBN)

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China:

Yuan Lending Rate Surges as China Struggles to Stem Currency’s Slide
(DBN)

A ticking time bomb in China has global markets looking really shaky right now
(DBN)

China Is Said to Plan Major Expansion of Too-Big-to-Fail Rules
(DBN)

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India:

For its roads, power stations and other useful assets to live, a bankrupt Indian infrastructure lender must die
(DBN)

JSW Steel Seeks Legal Opinion On Bidding Solo For Essar Steel
(DBN)

India's frauds investigator probes five IL&FS firms for fund diversion
(DBN)

Air India awaits Rs 500 cr loans, extends deadline for bids
(DBN)

India Development Debate: IMF lauds GST and Insolvency & Bankruptcy code
(DBN)

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Singapore:

Singapore opens new door for bondholders to chase default losses
(DBN)

Transplanting Chapter 11 of the US Bankruptcy Code into Singapore’s Restructuring and Insolvency Laws: Opportunities and Challenges
(DBN)

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Turkey:

'Kicking and screaming': Turkey and South Africa are struggling to impose credible economic policies
(DBN)

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Brazil:

Who is the 'Trump of the Tropics?': All you need to know about Brazil's presidential frontrunner
(DBN)

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MENA:

Trump's Sanctions Forced Iran's Economy Into Recession
(DBN)

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