September 21, 2018

The Daily Bankruptcy News

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Law:

Blank Rome Adds Bankruptcy and Restructuring Practice in Houston • Blank Rome Welcomes Seasoned Finance and Restructuring Partner in Houston
(DBN)

Fox Rothschild to Merge With North Carolina Firm, Gaining 130 Lawyers • Biglaw Firm’s Southern Expansion Strategy Now Includes A Merger
(DBN)

Ice Miller Welcomes Partner John Giampolo
(DBN)

Women comprise most of BYU Law’s 1Ls for the first time
(DBN)

M&A Power Wachtell Could Be 'Last True Law Partnership'
(DBN)

What Pushes Undergrads to Law School? It Ain't the Money
(DBN)

Cravath’s Katherine Forrest Joins Small but Distinguished Group
(DBN)

Want To Mess With Opposing Counsel’s Head? Send Them A Letter From Hugelaw
(DBN)

CLO Who Passed 5 Bar Exams in 3 Years Speaks Up for Relocating Military Spouse Lawyers
(DBN)

Group in Harvard admissions case wants to show how school used to discriminate against Jews
(DBN)

Law Profs Say the Stupidest Things: A Guide to Recent Controversies
(DBN)

Man Sues Law School Because He Doesn’t Want To Take The LSAT
(DBN)

The Law School With The Oldest Law Review
(DBN)

Details On The Allegations Against, And Yale Law School Investigation Into Professor Jed Rubenfeld
(DBN)

New Corpus Linguistics Platform Lets Legal Researchers Explore The Meanings Of Words And Phrases
(DBN)

Innovation In Legal Services: A Pipe Dream Or A Necessity?
(DBN)

Law firms need to consider a range of options for achieving their aspirations
(DBN)

Small Woman Owned Law Firm Implements Employee Infant On Board Program
(DBN)

40% of Scots criminal defence lawyers are victims of violence
(DBN)

Fat Shaming At Work: The Beginning Of The End? • Everything You Know About Obesity Is Wrong
(DBN)

The mythical harassment-free law firm?
(DBN)

Attorney’s Widow Loses Bid for Redo of Ruling for GSK
(DBN)

Michael Cohen is reportedly talking to Robert Mueller's team about Trump's dealings with Russia • Mueller has been questioning Michael Cohen on Trump’s Russia ties • Michael Cohen tweets, then deletes, praise of himself for talking to Mueller • Trump and his allies' explanations for the campaign's Russia contacts have seen a stark evolution as new evidence has spilled out • FBI memos detail ‘partisan axes,’ secret conflicts behind the Russia election meddling assessment • James Comey explains why Mueller’s Russia probe may conclude soon
(DBN)

Trump Orders Sensitive Documents Released Per Hannity
(DBN)

Trump: I Should Have Fired Comey Before I Got Here'???
(DBN)

U.S. could face prolonged era of anti-immigrant fever • ICE arrested immigrants who came forward to care for migrant children • Internal documents show how hard it is for some immigrants to get a travel ban waiver • Illinois priest nearing citizenship now faces deportation. Because he mistakenly voted • Trump admin moves $260M from cancer research, HIV/AIDS and other programs to cover custody of immigrant children costs • Stephen Miller bests Pompeo, Haley, Mattis to get his way on immigration
(DBN)

Google workers mulled manipulating search-engine results in wake of Trump’s travel ban
(DBN)

Jeff Sessions is the most conservative member of the Trump administration. Trump doesn’t care • Trump weighs in on scheduled Kavanaugh public hearing, slams Sessions once more • Republicans Share Trump’s Dim View of Sessions
(DBN)

The Simple Request of the McDonald’s Anti–Harassment Protests
(DBN)

A black political candidate was canvassing in her district. Then someone called the police.
(DBN)

NJ Governor Tells Sheriff to Resign Over Racist Remarks
(DBN)

Southwest Had 'Whites Only' Break Room Says Ex-Staffer
(DBN)

3 killed, multiple others injured in shooting at a Rite-Aid distribution center in Maryland; lone suspect in critical condition • Aberdeen, Maryland, shooting: Three dead after woman opens fire at Rite Aid facility, shoots self
(DBN)

Gunman killed after shooting 4 at magisterial district judge’s office • Gunman Killed, 4 Injured In Courthouse Shooting
(DBN)

Gabby Giffords: Shootings Becoming ‘Everyday Occurrence’
(DBN)

5 people, 3 of them infants, stabbed at NYC day care center
(DBN)

NY jogger's accused killer searched 'r---': DA
(DBN)

Suge Knight to serve 28 years after pleading no contest to manslaughter over fatal confrontation
(DBN)

California police try podcast in fugitive millionaire hunt
(DBN)

Girlfriend of Surgeon Accused of Serial R----, Was Evangelical Missionary
(DBN)

Chief of 3D gun blueprint manufacturer accused in assault of teen
(DBN)

Netflix’s new series ‘First and Last’ accurately details many aspects of county jail life
(DBN)

'Treating protest as terrorism': US plans crackdown on Keystone XL activists
(DBN)

Man who strangled woman released with no jail time
(DBN)

Pennsylvania Man Arrested After Taking His Disabled Wife To Fair With Leash Around Her Neck
(DBN)

Hogan Lovells partner caned by tribunal for firing nanny
(DBN)

Lawyers dress up as pirates in toe-curling video adventure
(DBN)

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Judges:

Senate Lawyers Navigate Complexities of Kavanaugh Sexual Assault Hearing • New poll: opposition against Kavanaugh increasing • Poll finds less support for Kavanaugh, especially among women • Poll: Will Brett Kavanaugh Be The Next Supreme Court Justice • Kavanaugh plans to testify on Monday • ‘No Accident’ Brett Kavanaugh’s Female Law Clerks ‘Looked Like Models,’ Yale Professor Told Students • Reported grooming of female clerks for Kavanaugh is 'enormous concern,' dean says • Feeling Left Out, Now Harvard Law School Is Building Up Some Brett Kavanaugh-Related Shame • Students: Harvard Law Should Investigate Kavanaugh • Christine Blasey Ford begins negotiations with the Senate over her testimony about sexual-assault allegations against Brett Kavanaugh • Kavanaugh accuser says she would testify next week under certain terms • Ford Can Testify But Not Set Conditions In The Senate • Officials in overdrive to keep Trump from attacking Kavanaugh accuser • Christine Blasey Ford made her choice. Now she needs to tell her story to the Senate • This deleted Facebook post shows why the FBI should investigate the Kavanaugh allegation • Judiciary Committee eyes independent lawyer to conduct Kavanaugh questioning • Brett Kavanaugh Could Make the Midterms a Landmark Election for Women • What’s wrong with the “just a teen” Kavanaugh defense, according to a psychologist • Georgetown Prep, the leafy private high school at the center of the Brett Kavanaugh scandal, is thrust into an uncomfortable spotlight • The Logical Fallacy of Christine Blasey Ford's 'Choice' • Yale professor reportedly told students Kavanaugh prefers law clerks who look 'like models' • Republicans’ response to Kavanaugh’s accuser shows what they really think of women • Celebrities rally behind Kavanaugh accuser in video: 'We believe you' • Just Because Kavanaugh’s Accuser May Not Be Lying Doesn’t Mean She’s Telling the Truth • FactCheck: Kavanaugh-Ford Foreclosure • Feinstein Threatened Over Kavanaugh Letter • Trump FactCheck: On investigating during the Supreme Court confirmation process, "The FBI doesn’t do that." • For Kavanaugh, path forward could be like Clarence Thomas' • Fox News Host Suggested Ford Was Hypnotized
(DBN)

Senate Lawyer Who Doesn’t Want Nominees Asked About Segregation Apparently Also Doesn’t Care About Assault Testimony
(DBN)

Ties to Disgraced Judge Could Reemerge at Kavanaugh Hearing
(DBN)

GOP Congressman Sees Backlash Over Bader Ginsburg Joke
(DBN)

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Wall Street:

Wall Street set for a positive open, building on Dow's record Thursday close
(DBN)

Dow marks first record since January in broad-based rally that defies intensifying trade clashes
(DBN)

The most bearish GE analyst gets even more bearish
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Layoffs:

Wells Fargo announces plan to cut tens of thousands of jobs • Wells Fargo May Fire 26,500 in Next 3 Years • Wells Fargo plans to cut up to 10% of workforce in the next 3 years • Wells Fargo Announces Plan To Just Start Firing People Until The Bloodlust Of Its Customers Is Sated
(DBN)

Under Armour Is Cutting 400 Jobs
(DBN)

More than 1,300 Shop 'n Save employees to be laid off
(DBN)

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Electricity:

Regulators question $1 bln deal for FirstEnergy bankruptcy exit
(DBN)

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Alternative Energy:

JLM Energy files bankruptcy, seeks financing or sale
(DBN)

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Personal Finance:

Why now may be the best time in history for women to ask for a raise
(DBN)

How to fight about money—without ruining the relationship
(DBN)

9 Odd Morning Rituals That Will Supercharge Your Day
(DBN)

10 Cities Where Your Salary Goes The Furthest After Rent
(DBN)

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Hotels:

Las Vegas’ struggling Lucky Dragon expected to close Oct. 2
(DBN)

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Maritime:

Stabbert Group plans to stay afloat with debt reorganization and ship sales
(DBN)

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Cameras:

What Smartphones Have Done to the Camera Industry
(DBN)

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Economy:

U.S. jobless claims fall to 49-year low for third straight week • Weekly Initial Unemployment Claims decreased to 201,000, Lowest Since 1969
(DBN)

Philly Fed Manufacturing Survey Suggested Faster Growth in September
(DBN)

Household Net Worth increased in Q2 • US Household Net Worth Grew to $107 Trillion in Q2
(DBN)

Fed likely to push aside recession worry in unveiling 2021 view
(DBN)

75 percent of global CFOs expect to get smacked by U.S. trade policy: CNBC survey • There Will Be No Retaliation, They Told Us • China-US Forging a New Economic Order • WTO Wants More Clarity on New Farm Aid • Our Trade War with China Affects Everyone • JPMorgan: An economic cold war may be coming • U.S. - China Trade Tariffs Are Reaching Their Limit • Micron tumbles after CFO says Trump China tariffs will hit gross margins • 'There is an obsession by the president on trade about cars': The French ambassador to the US says the auto sector is make-or-break for a possible trade war with Europe • America is winning the trade war and here's the proof, market watcher says • South Korea’s finance minister has high hopes for new trade deal with U.S. • To avoid a trade war with the US, Japan may have to make concessions • Walmart warns Trump's tariffs may force it to hike prices • Dow, S&P 500 records belie festering fear that China, U.S. ‘are on a collision course’ • Krugman: Making Tariffs Corrupt Again • Small businesses say new tariffs will make it even harder to compete
(DBN)

NAFTA Deal Not Yet In Sight, Canada Stands Firm On Auto Tariffs • NAFTA: Trump Tariffs More Stick Than Carrot • Trump's 232 tariffs emerging as NAFTA's key battleground: Sources • 'We'll handle them in court': Volpe on auto tariff threats • Potential NAFTA collapse a major risk to Canada: Conference Board
(DBN)

Everything is (relatively) awesome
(DBN)

VW to Build Electric Car Factory in N. America
(DBN)

Trump Calls Spending Plan ‘Ridiculous’ - President’s tweet raises doubts he’ll sign bill that would avert shutdown at end of month • Trump demands a border wall but many congressional Republicans just not into it • The Man Behind Trump’s ‘Invisible Wall’
(DBN)

GOP realizes tax cuts won't help them win the 2018 midterms
(DBN)

Bair: What I Would Have Done Differently
(DBN)

More Telecommute Than Use Mass Transit
(DBN)

Federal Tax System Becoming More Progressive: Report
(DBN)

Graduates With Good Job Upon Graduation Earn More, Faster
(DBN)

The Young And The Restless
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

Home sellers slash prices, especially in California
(DBN)

NAR: Existing-Home Sales Unchanged at 5.34 million in August • A Few Comments on August Existing Home Sales
(DBN)

CoreLogic: 2.2 million Homes still in negative equity at end of Q2 2018
(DBN)

Freddie Mac: Mortgage rates reach highest level since May
(DBN)

Six Sigma faces allegations of financial mismanagement at West Chelsea site
(DBN)

Home builders TRI Pointe, William Lyon downgraded on ‘rapid’ slowdowns in California, Seattle
(DBN)

Ben Carson’s HUD: Political loyalty required, no experience necessary
(DBN)

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Municipalities:

The Situation in Puerto Rico Is Untenable
(DBN)

On Hurricane Maria Anniversary, Puerto Rico Is Still in Ruins
(DBN)

4 ways Hurricane Maria changed Puerto Rico — and the rest of America
(DBN)

Avoiding Powers Under PROMESA May Be Applied Retroactively
(DBN)

Low Federal Aid Hurts Puerto Rican Refugees
(DBN)

Hurricane kids: What Katrina taught us about saving Puerto Rico’s youngest storm victims
(DBN)

Trump sends Carson to Puerto Rico for Hurricane Maria anniversary • Murphy hammers Trump on anniversary of Hurricane Maria's devastation of Puerto Rico • NYC Council asks Trump to launch commission to investigate federal response to Hurricane Maria in Puerto Rico • Protesters Will March On Trump Tower Thursday To Demand Justice For Puerto Rico
(DBN)

Puerto Rico governor asks Trump to consider statehood
(DBN)

Congress: Trump must apologize for refusing to accept Puerto Rico death toll
(DBN)

Puerto Rico marks one year since Hurricane Maria with protests, frustration and song
(DBN)

In their own words: Puerto Ricans weigh in on daily struggles, recovery effort on one-year anniversary of Hurricane Maria
(DBN)

5 ways Puerto Rico is forever changed by Hurricane Maria
(DBN)

Puerto Rico's Colonial Legacy and Its Continuing Economic Troubles
(DBN)

Puerto Rico: The Forgotten Island
(DBN)

Atlantic City to stay in state control for at least 3 more years
(DBN)

Restarting motor city
(DBN)

Lone Star tactics can’t fix Chicago pension woes
(DBN)

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Oil/Gas:

Trump wants OPEC to keep crude prices low — it can't do that, oil expert says
(DBN)

Cut Oil Prices, or Middle East Will be Unsafe
(DBN)

Iran: We Won’t Let OPEC Boost Production
(DBN)

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Celebs:

New RHONY Star Barbara Kavovit Filed for $1 Million Bankruptcy and Was Once Sued for $600,000
(DBN)

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Climate:

Trump Said What to Hurricane Survivors? • Hurricane Florence’s “1,000-year” rainfall, explained • How Hurricane Florence is causing agricultural turmoil • Flooding threatens South Carolina, a week after Florence
(DBN)

Why Hurricanes Hit Immigrants Hardest
(DBN)

Brad Pitt's nonprofit sues architect over 'defective' New Orleans homes
(DBN)

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Autos:

The Chrysler and General Motors Bankruptcies
(DBN)

Judge orders car companies to negotiate with stalking-horse bidder
(DBN)

DOJ probe into Tesla will plague the company for months, lawyers say
(DBN)

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Retailing:

Toys R Us nostalgia may not be enough to fuel toy sales this holiday season
(DBN)

Mattress Firm claims in a lawsuit that its former executives accepted private-jet trips, expensive watches, and luxurious hotel stays from brokers in exchange for opening so many new stores that it spurred conspiracy theories
(DBN)

Amazon plants fake packages in delivery trucks as part of an undercover ploy to 'trap' drivers stealing
(DBN)

Amazon reportedly mulling 3K Amazon Go stores by 2021
(DBN)

Retailer's servers storing 15 years of user data sold on Craigslist
(DBN)

Estimated Online Market Share of Select Retail Categories Since 2000
(DBN)

Why an obscure tech firm plans to resurrect Bon-Ton
(DBN)

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Radio:

iHeart Gets Important Approval From Bankruptcy Court
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Food/Beverage:

Seasons supermarkets file for bankruptcy • Kosher grocery to stay open despite company's bankruptcy • Seasons files for bankruptcy , but what does it mean? • Seasons Kosher Grocery Files for Bankruptcy But is Still Expected to Open a Larger Store at the Golden Horseshoe
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Tours:

Discovery Tours bankruptcy case slowly inches ahead
(DBN)

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Education:

Owners of Defunct Montana Boarding School Settle Lawsuit
(DBN)

One of the oldest colleges in the US just cut tuition by 33%—here's why
(DBN)

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Music:

75% of Music Industry Money from Streaming
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History:

The Original Meanings of the “American Dream” and “America First” Were Starkly Different From How We Use Them Today
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Artifacts:

Bankrupt Museum Exhibitor To Auction Off Titanic Artifacts
(DBN)

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Private Equity:

How the biggest private equity firms became the new banks
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Corporate Governance:

Expulsion of LLC Member
(DBN)

LLCs are Not Only Creatures of Contract
(DBN)

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Amusement Parks:

Effort to bring observation wheel to New York City nears futility
(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 (11 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (23 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)
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Seminars - (Contact us to list your seminar)

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Bankruptcy Statistics:

Flipbook: The Changing Profile of Chapter 7 Debtors
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Advisors:

McKinsey hires Bracewell on bankruptcy issues
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Avoidance Actions:

Eleventh Circuit Narrows Circuit Split Holding New Value Not Required to Remain Unpaid
(DBN)

Be Careful Not to Engage in Fraudulent Non-Transfers
(DBN)

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Contempt:

More Fallout from Taggart
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SCOTUS:

Katz — The Supreme Court’s Most Important Bankruptcy Opinion
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Miscellaneous:

Rochelle
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Consumer Bankruptcy:

Getting Priority (and Other Headaches) at the 341(a) Meetings
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Banking:

Consumers Should Not Trust Banks
(DBN)

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Religion:

As Catholic abuse investigations begin, questions remain
(DBN)

Benedict rebukes critics of Pope Francis in private letters
(DBN)

Americans’ approval of Pope Francis drops to 53% amid church abuse revelations
(DBN)

After the Pennsylvania attorney general’s report on sexual abuse by Catholic priests in the state, more victims have come forward to report alleged abuse, 900 called hotline
(DBN)

Chicago priest who calls abuse ‘a gay thing’ burns rainbow flag in an ‘exorcism’
(DBN)

Cohen reviewer put in charge of church abuse cases
(DBN)

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Healthcare:

U.S. drug overdose deaths grew exponentially in 38 years
(DBN)

Number of Americans with Alzheimer's expected to soar in coming decades
(DBN)

Spending on insurance plans has increased nearly 50% in the last 10 years, as healthcare costs in the US continue to skyrocket
(DBN)

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Marijuana:

Six experts on whether the cannabis craze is a boom or bust • Cramer: 'People are too excited' about pot stocks—'it will end badly'
(DBN)

GOP congressman questions Tilray medical-cannabis imports to U.S.
(DBN)

Governor Signs Marijuana Legalization Bill, Making History In US Territory
(DBN)

Marijuana use is now as common among baby boomers as it is among teens, federal data show
(DBN)

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Travel:

American Airlines raises baggage fees by $5
(DBN)

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Fraud:

Three Men Charged With $345 Million Ponzi Scheme
(DBN)

Ticketmaster Colluding With Scalpers
(DBN)

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Politics:

Elizabeth Warren for president? New survey shows Mass. voters don’t love that idea
(DBN)

Do Trump’s Core Supporters Even Want the GOP to Win the Midterms?
(DBN)

Foreign Governments Hacked the Senate • The Plot to Subvert an Election - Unraveling the Russia Story So Far
(DBN)

Trump says he found border wall inspiration at Flight 93 memorial?
(DBN)

LeBron James responds to Trump insult: 'You really got this much time that you can comment on me?'
(DBN)

The CIA has declassified a bunch of jokes. Here are the best ones
(DBN)

Men and women can’t agree on why so few women occupy top political posts
(DBN)

Blue wave poses governing risks for Dems
(DBN)

Trump adds more Russians who interfered in the 2016 election to a sanctions list
(DBN)

Trump Rally Opener is a Conspiracy Nut
(DBN)

Cuomo's Closest Aide Going to Prison
(DBN)

Kaepernick Given Prestigious Harvard Award • Kaepernick's Lawyer Hints He Could Soon Be Signed
(DBN)

The GOP's growing identity crisis
(DBN)

Trump: My Media Critics Will Endorse Me in 2020—or Go Bankrupt
(DBN)

Could Dems pull off Deep South surprise in Mississippi Senate race?
(DBN)

Trump is beating up on Iran — and it's making Obama look weak
(DBN)

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Student Debt:

DeVos Runs from Crowd of Angry Protesters
(DBN)

This government loan forgiveness program has rejected 99% of borrowers so far
(DBN)

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UK:

Broker named on FSCS insolvency list
(DBN)

North West insolvency practitioner R3 warns of impact of ‘no deal’ on insolvency
(DBN)

May Told Brexit Plan Won't Work • Brexit Sold by Liars and UK Plan Unworkable • Ryanair CEO Michael O’Leary warns over rising risk of no-deal Brexit • Blind Brexit? Businesses have a new nightmare • In The U.K.-EU Faceoff, Neither Side Is Blinking
(DBN)

Katie Price spotted 'splurging £600 on perfume' despite flogging belongings to avoid bankruptcy • Paranoid Katie Price ‘convinced ex husbands are spying on her through friends and having her followed’
(DBN)

Kodak pension scheme heading towards PPF
(DBN)

Not enough money to run vital services, warn England's councils
(DBN)

British People Feel Locked Out of London
(DBN)

Evans Cycles seeks new owner amid cash crunch
(DBN)

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PIIGS:

Inside Italy’s Shadow Economy
(DBN)

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Canada:

Is Canada Really Ripping Us Off?
(DBN)

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Venezuela:

Colombia Struggles to Control Border Overrun by Desperate Venezuelans
(DBN)

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India:

Lenders to decide on stressed power projects by October 10
(DBN)

Trouble mounts for debt-laden Air India as oil companies threaten to stop fuel supply
(DBN)

IL&FS has no option but to sell its profitable financial services unit as it tries to avoid bankruptcy
(DBN)

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Mexico:

OFS Company’s Bankruptcy a Cautionary Tale for Mexico E&P
(DBN)

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Zimbabwe:

IMF offers to help Zimbabwe clear arrears
(DBN)

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