September 28, 2018

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Summer Associates Are Happier Than Ever
(DBN)

An Open Letter to Full Service Law Firms: Put In-House Lawyers Out of Business
(DBN)

Are Firms Fighting the Associate Salary War With the Wrong Weapon?
(DBN)

Notice of Appearance: Darren Klein, Partner at Davis Polk & Wardwell LLP
(DBN)

Ex-Partner Tells Jurors in Embezzlement Trial That Hardwick Kept Him in the Dark Hardwick's Ex-Partner Recounts Big Debts, Expenses in Embezzlement Trial
(DBN)

Why the Godfather of Legal Ops Joined a Law Firm: Conversation with Baker McKenzie’s David Cambria
(DBN)

Where Else Will the Big Four Pop-up in Legal?
(DBN)

3rd Circ. Slams Duo's 'Vulgar' Bid To Sanction Morgan Lewis
(DBN)

Cadwalader settles $22M malpractice suit days before trial
(DBN)

Suspended lawyer sentenced for submitting phony documents to court
(DBN)

Marketing Yourself: How To Create A Powerful Résumé (Part III)
(DBN)

A Conversation With My 1L Self
(DBN)

Million-Dollar Solos
(DBN)

Volunteer lawyers help victims of Hurricane Florence
(DBN)

When it comes to the legal world, non-lawyers are more than happy to offer their opinion
(DBN)

Crafting Legal Ethics Rules For The 21st Century
(DBN)

Trump postpones meeting with Deputy AG Rosenstein until next week With or without Rod Rosenstein, the Russia probe will survive Nunes Tees Up Release of Russia Probe Docs Mueller Stoolie Fears Russian Retribution Secret Meeting: Erik Prince and Moscow Money Co-founder of firm behind Trump dossier rejects House GOP interview request
(DBN)

Judge orders Indiana governor to hand over Pence emails with Trump
(DBN)

Father Facing Charges for Allegedly Gluing 1-Year-Old’s Mouth, Eyes Shut
(DBN)

More Bad News for Bill Cosby: Law Firm Sues for More Than $282K in Legal Fees
(DBN)

EY US faces second harassment case
(DBN)

Texts and emails could ultimately help kill the statute of limitations for sex crimes
(DBN)

Female lawyer caught with police offer
(DBN)

Lawyer suspended for road rage incident in which he allegedly stomped on onlooker’s cellphone
(DBN)

Transgender lawyer calls police on transsexual solicitor for harassment
(DBN)

Lawyer mocked for claiming that white people can be black if they want
(DBN)

Law graduate and lawyer compete to become The Apprentice
(DBN)

Fake Match.com Profile of Opponent Gets Lawyer Suspended
(DBN)

Anti-discrimination official questioned validity of hate crimes
(DBN)

Cop who shot man as he ran away charged
(DBN)

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Judges:

BK ED NC: Wilmington and New Bern Courthouses Clobbered By Hurricane
(DBN)

American Bar Association urges lawmakers to shelve Kavanaugh voting until a 'thorough FBI investigation' is conducted I Used to Vet Judicial Nominees. Here’s Why Kavanaugh Needs the FBI The American Bar Association Wants to Delay the Kavanaugh Nomination for an FBI Probe. The Jesuits Just Want It Withdrawn GOP governors call for delay on Kavanaugh vote Your Kavanaugh-Ford hearing questions answered What You Missed from the Kavanaugh Hearing Outbursts, Defiance and Deflection: the Kavanaugh Hearing, and What's Next See How Newspaper Front Pages Covered the Emotional Kavanaugh-Ford Hearings Republicans sustain critical self-inflicted wound from emotionally painful Kavanaugh hearing Leading Catholic publication turns on Brett Kavanaugh, says his nomination to the Supreme Court should be withdrawn Senate Judiciary Committee plans to vote on Kavanaugh's nomination on Friday Key moments from the Ford-Kavanaugh hearings The 17 Most Striking Moments From the Kavanaugh Hearing What You Need To Know From The Testimony Of Christine Blasey Ford And Brett Kavanaugh DOJ veterans pinpoint the moment during Brett Kavanaugh's high-stakes hearing when he gave away the game Kavanaugh dodges questions about high school friend and alleged witness Mark Judge Read Ford’s written testimony: “I am here today not because I want to be. I am terrified.” What's in It for Christine Blasey Ford? The 'gut standard': As the Kavanaugh case is aired, who has the burden to prove what? Kavanaugh: These Hearings are a National Disgrace Christine Blasey Ford emerged confident and certain in her marathon testimony, and Trump's allies are worried Law Professors, for the Most Part, Give Ford Testimony High Marks on Twitter 'I feel ambushed': Lindsey Graham vents rage at Democrats after Christine Blasey Ford hearing Cornyn: Kavanaugh Hearings Like McCarthy Furious Brett Kavanaugh rips accusation controversy as 'a national disgrace' Remember That Time Brett Kavanaugh Said Polygraphs Are Important In Making Hiring Decisions? Supreme Court nominee Kavanaugh delivers combative opening statement Kavanaugh says his name is ‘permanently destroyed’ while his accuser tells of lasting trauma Kavanaugh Angrily Calls Assault Claims a 'Political Hit' Trump Happy with Kavanaugh's Defiance Arizona Lawyer, Pinch-Hitting in Kavanaugh Hearing, Plays Prosecutor and Defense D.C. Federal Judge Denies Anonymous Tip Alleging Kavanaugh Abuse Chris Wallace: My daughters disclosed incidents from their youth after Kavanaugh allegations Fox News host Chris Wallace on Christine Blasey Ford's testimony: 'This is a disaster for the Republicans' Christine Blasey Ford: '100%' certain Kavanaugh sexually assaulted me in high school “One Hundred Percent”: How Christine Blasey Ford’s Simplest Answer Became the Hearing’s Most Powerful Moment 'An unmitigated disaster': Trump's allies aim fury at prosecutor Rachel Mitchell's questioning of Christine Blasey Ford Christine Blasey Ford says the strongest memory she has of Kavanaugh's alleged sexual assault was 'the uproarious laughter' 'If she's an actress, she's really good ... the alternative is she's telling the truth': Megyn Kelly reacts to Christine Blasey Ford's testimony Dan Abrams: At This Rate, Kavanaugh Will Be Gone Tomorrow Democratic Sen. Hirono rips GOP, prosecutor over questioning 'credibility' of Kavanaugh accuser Ford GOP Strategy During Ford-Kavanaugh Hearing Is Backfiring in a Major Way 3 Republican governors are now calling to delay the Kavanaugh vote The Ford hearing isn’t about finding the truth. It’s just a cross-examination. Calls to Impeach Brett Kavanaugh from His Federal Judgeship Intensify Those who knew Brett Kavanaugh during his youth have described his hard-drinking habits — but he portrayed himself differently during his Senate hearing The Kavanaugh Hearing Is Not 'He Said, She Said.' It's 'She Remembers What He Did, He Doesn't' Citing the 'hippocampus,' Christine Blasey Ford appears before senators as her own expert witness Grassley Claims Avenatti, Other Accusers Won’t Cooperate in Kavanaugh Probe New Brett Kavanaugh accuser Julie Swetnick: 'I don't think he belongs on the Supreme Court' ‘This Is More Than Likely True’: Fmr Fed Prosecutor Backs Julie Swetnick’s Kavanaugh Claims Julie Swetnick Boyfriend's Restraining Order GoFundMe campaigns have raised more than $500,000 to cover Blasey Ford's costs Ford's description of media tactics against her appalls journalists Christine Blasey Ford shows the lengths women have to go to be believed Why didn’t Kavanaugh’s accuser come forward earlier? Police often ignore sexual assault allegations. The all-male Republican panel that will judge Ford’s credibility, in one photo The Paradoxes of the Kavanaugh Nomination Harvard Law School Won’t Comment on Whether Brett Kavanaugh Will Lecture There Again Poll: 48% of white evangelicals would support Kavanaugh even if the allegations against him were true Lindsey Graham rallied the troops for Brett Kavanaugh and it just might push his Supreme Court nomination over the finish line NRATV Correspondent Covers Ford-Kavanaugh Hearing with Sexist Commentary In the End It Was a US Senate Circus Trial A Terrible Day in the United States Senate Senate Republicans Are More Emboldened Than Ever to Confirm Kavanaugh Kavanaugh’s confirmation odds jump, after he delivers full-throated defense of sexual-assault allegations Whip count on Kavanaugh leans confirmation Fox News Fires Contributor Kevin Jackson for Calling Brett Kavanaugh Accusers ‘Lying Skanks’
(DBN)

NJ Judge Ousted For Role In Custody Row, Lying Under Oath
(DBN)

Ginsburg praises #MeToo movement after activists criticize joke about groping involving her
(DBN)

Judicial independence needs to be protected from both internal and external threats
(DBN)

Alaska governor to propose legislation after judge’s lenient plea deal for sex crime
(DBN)

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Wall Street:

US futures waver as political turmoil takes center stage
(DBN)

Stock market closes higher as investors focus on upbeat economic data
(DBN)

It’s taken 10 years, but Goldman Sachs’ reputation has finally recovered from the financial crisis
(DBN)

The ‘7 worst words in the world’ could signal trouble for this stock market, warns Oaktree’s Howard Marks
(DBN)

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Electricity:

Judge approves $850M FirstEnergy payment to bankrupt generation subsidiary
(DBN)

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Food/Beverage:

Ohio Applebee's franchisee fends off corporate attempt to seize stores RMH Franchise Holdings wins legal skirmish with Dine Brands Global
(DBN)

Rivertowne Brewing up for bankruptcy sale
(DBN)

Is there a potential buyer for Midtown Harrisburg's embattled HMAC? Maybe so
(DBN)

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Bankruptcy Crimes:

After deliberating 40 minutes, jury convicts Marion federal pen inmate of filing fake bankruptcy claims against warden
(DBN)

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Corporate Governance:

Few women lead large U.S. companies, despite modest gains over past decade
(DBN)

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Accounting:

US watchdog finds fault with more Big Four audits
(DBN)

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Video Games:

Ten Major Game Studios Closed in the Past 12 Months
(DBN)

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Economy:

U.S. Economic Growth Slated to Cool in Third Quarter
(DBN)

Powell downplays risk of recession over next year or two
(DBN)

Shiller Doubts Booming Earnings, Now Propelling the Market, Will Last
(DBN)

How Interest Rate Hikes Will Trigger The Next Financial Crisis
(DBN)

As Fed Raises Rates, Consumers Have Yet to Feel the Sting The Fed Just Raised Its Rate Again. When Will It Start To Hurt Consumers?
(DBN)

Four States That Will Founder When the Next Recession Hits
(DBN)

US weekly jobless claims rise more than expected
(DBN)

Thousands of service industry workers will strike next week to demand unions
(DBN)

Tension Remains at the Heart of the Fed’s Forecast
(DBN)

New orders for key US-made capital goods unexpectedly dropped in August
(DBN)

Guess How Much More Money the Top 1% Make than the Bottom 99%
(DBN)

Map of the Day: Rising Incomes
(DBN)

Fed, by taking out ‘accommodative,’ gives itself wiggle room to speed up or slow down
(DBN)

Final reading on Q2 GDP unrevised at up 4.2% Fed GDPNow - Latest forecast: 3.8 percent — September 27, 2018
(DBN)

Trump said soybean prices have gone up. They're near decade-lows Cramer on Trump's wide-ranging news conference: 'Trade relations got a real setback' Tariff wars taking some of the steam out of still strong U.S. economic growth Tariffs on EU Cars Would Start Recession Trade turmoil between China and the US spills into military relations Here's how Trump's trade tariffs could affect your investment portfolio Trade gap in August widens to six-month high as exports fall Quote: The Cost of Trump's Trade War Ford Wants Certainly in Any US Trade Deal US Will Be Victor in Trade War, El-Erian Says How Trump's China spat is killing global appetite for M&A
(DBN)

NAFTA could soon morph into 'HALFTA' unless Canada comes on board North American trade deal won't happen without Canada, says IIF chief
(DBN)

House poised to pass tax-cut bills despite unlikely Senate action
(DBN)

The 50 best-paying big companies of 2018, according to employees
(DBN)

America Was in Decline Before Trump
(DBN)

The dark reason so many millennials are miserable and broke
(DBN)

Tax Cuts 2.0 Will Shrink the Economy Tax cuts: The gift that keeps not giving GOP Surrenders in the Tax Cut Messaging Battle
(DBN)

Tumultuous tax brackets : U.S. income tax brackets have varied (sometimes wildly) over time
(DBN)

Why Trump's favorite economic stat doesn't mean much
(DBN)

Mnuchin Says He Will ‘Absolutely’ Stay at Treasury Through 2020
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

Pending home sales fall in August to the slowest pace since the start of the year NAR: Pending home sales fall for eighth consecutive month
(DBN)

Bay Area home sales tank 10 percent in August — to the slowest pace in 7 years
(DBN)

'Bubble' index ranks cities by over-valued homes
(DBN)

Mortgage rates hit a seven-and-a-half-year high as the easy money era comes to a close
(DBN)

A decade after the housing crisis, foreclosures still haunt homeowners
(DBN)

Steve Mnuchin, Joseph Otting To Make Screwing Over Homeowners Safe For Bankers Again
(DBN)

The Renters Strike Back
(DBN)

The Risk Filled Trend Of Spec Mega Mansions In Los Angeles And The Developers Who Build Them
(DBN)

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Municipalities:

Puerto Rico open for tourists despite 'mixed-bag' recovery - governor
(DBN)

Are Puerto Rico’s ‘undemocratic’ reforms a model for U.S. states and cities?
(DBN)

Hundreds of Puerto Rican schools closed after Maria. Special needs kids got left behind A Year After Hurricane Maria, School Closures Make Trauma Worse For Puerto Rico’s Children
(DBN)

Shift of pension risk could hit US local governments
(DBN)

The Comeback of the Mid-Sized American City
(DBN)

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Oil/Gas:

As oil prices rise, shares of companies with low debt stand out from the pack
(DBN)

Bankrupt Rex Energy reaches settlement in 'deep rights' dispute
(DBN)

Visualizing the Rise of the Electric Vehicle
(DBN)

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Retailing:

Bed Bath & Beyond loses almost a quarter of its value as it struggles to grow sales Bed Bath & Beyond margins suffer as it uses coupons to compete with Amazon
(DBN)

J.C. Penney shares rise as CFO Jeffrey Davis announces resignation
(DBN)

Fired Toys R Us employees urge New Jersey to pull $300 million from hedge fund
(DBN)

Toys 'R' Us Judge Orders Fung to Halt Hong Kong Court Action
(DBN)

Bankrupt Nine West sees $60 mln in savings by rejecting Manhattan lease
(DBN)

Perfumania back from bankruptcy with new store concept
(DBN)

How one possible bankruptcy could cost Douglas County governments $550,000 in tax revenues
(DBN)

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Autos:

SEC sues Elon Musk over his tweets about taking Tesla private, asks court to push Musk out Elon Musk Accused by SEC of Misleading Investors in August Tweet Tesla plunges after the SEC sues Elon Musk over tweets Tesla once looked like it could ride out the summer — but now the SEC wants to ban Elon Musk from being a CEO A former SEC chairman outlined the worst case scenario for Elon Musk now that the SEC has sued him Elon Musk reportedly blew up a settlement with the SEC at the eleventh hour Another Senior Tesla Exec May Have Bailed SEC says Musk chose $420 price for Tesla shares because it's a pot reference Short seller Andrew Left surprised by market reaction to Musk charge: 'They think a halo existed' If Tesla had a real board, it would remove Elon Musk as CEO in light of SEC lawsuit Musk suit could uncover Tesla’s true value Even If Elon Musk Loses It Could Be Good For Tesla Elon Musk Refuses To Let Brett Kavanaugh Have All The Fun Tesla shares are getting clobbered after the SEC sues Elon Musk Elon Musk 'deeply saddened' as he is sued for fraud
(DBN)

Reagor Dykes representatives, creditors gather for bankruptcy meeting
(DBN)

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Politics:

Blue-collar workers had a close call in 2016. It may be why Trump won
(DBN)

Female candidates are calling out sexism more aggressively on the campaign trail
(DBN)

Gallup: More U.S. Voters Plan to Send Message About Trump This Fall Both Parties’ Voters Are Keyed Up for Midterm Elections
(DBN)

Presidential Approval - Poll of Polls: Approve 43.8% - Disapprove: 52.8%
(DBN)

The Supreme Court is now voters' top midterm issue
(DBN)

Trump's baseless "Chinese election meddling" charge
(DBN)

Trump’s comment about Roy Moore this week perfectly explains what’s happening with Kavanaugh
(DBN)

He’s Going to Get Reelected, Isn’t He?
(DBN)

Mike Pence's Wife Refused to Kiss Him Following Trump's Election Win, New Book Claims
(DBN)

Staffers at D.C. Restaurant, Where Protesters Heckled Ted Cruz, Received Death Threats
(DBN)

The Kochs and the American Political Scene
(DBN)

Kavanaugh Hearing Could Widen the Midterms' Gender Gap Kavanaugh hearing puts America's state of disunion in stark relief
(DBN)

The next ugly fight: Impeachment(s)
(DBN)

The world against Trump
(DBN)

Woodward Worried on What He Found
(DBN)

Wisconsin's Scott Walker: Born Again Centrist
(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 (17 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (8 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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Discharge:

A Friendly Reminder On Credit Reporting: Accounts Discharged in Bankruptcy
(DBN)

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Interest:

SD Miss Bankr: Reminder: Increase in Presumptive "Till" Rate
(DBN)

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Antitrust:

Does a Bankruptcy Proceeding Change the HSR Filing Process?
(DBN)

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SCOTUS:

Bankruptcy Issues are Non-Partisan and A-Political — A Flip-Flopping Exception at U.S. Supreme Court
(DBN)

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Miscellaneous:

Eye On Bankruptcy Eye On Bankruptcy (2)
(DBN)

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Preclusion:

Third Circuit: Releases Contained in Confirmed Chapter 11 Plans are Res Judicata
(DBN)

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Travel:

House passes bill to require minimum standards for airplane seat size, legroom
(DBN)

Southwest Airlines flyers can enjoy over a year's worth of free companion plane tickets — here's how to quality for a pass
(DBN)

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Student Debt:

Nearly a million government and nonprofit workers thought they qualified for student loan forgiveness. Only 55 were approved
(DBN)

Student Loan Guru Austin Smith Writes on Private Student Loans
(DBN)

Racial wealth inequality is worsened by student debt, study finds
(DBN)

National Student Loan Cohort Default Rate Falls
(DBN)

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Lehman:

Sixteenth Distribution Percentages Announced for Lehman Brothers Holdings Inc. and Its Debtor Affiliates
(DBN)

10 years after financial disaster, is U.S. economy better prepared?
(DBN)

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Hotels:

Owners of Cary, Durham hotels reach a compromise in bankruptcy court
(DBN)

Hotel developer Gary Matthews files counter-claim against city
(DBN)

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Healthcare:

St. Louise Hospital workers worry about future after bankruptcy filing
(DBN)

DCHS to seek bankruptcy counsel
(DBN)

Tulare Regional Medical Center to reopen
(DBN)

HHS Secretary touts lower Affordable Care Act premiums
(DBN)

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Furniture:

Bankruptcy court OKs sale of HHG luxury brands to RHF Investments
(DBN)

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Art:

Manhattan gallery owner pleads guilty to cheating art clients out of millions
(DBN)

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UK:

Carillion could cost taxpayers more than £180m
(DBN)

Boris Johnson's 6 point plan has no real answers to fixing Brexit
(DBN)

Brexit Starting to Loosen London's Grip on Interest-Rate Swaps
(DBN)

Britons would narrowly back remaining in the EU: poll of polls
(DBN)

Is this the next mis-selling scandal? Thousands may have been mis-sold IVAs by debt firms
(DBN)

Pension enrollment companies wound up for misleading new members
(DBN)

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PIIGS:

Anti-establishment parties triumph in Italian battle over budget deficit Italy’s budget drama: What you need to know Italy throws down debt gauntlet to EU and markets Italy's populists agree budget to 'abolish poverty' Italy hikes deficit, defying EU, as economy minister caves in Italian markets are taking a hammering after its populist government agreed an EU-defying budget
(DBN)

Italy Scalds Bond Investors in Replay of Greece
(DBN)

Greece to end limits on cash withdrawals
(DBN)

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MENA:

Trump signals intention to renew aid to Palestinians Palestinian president moderates tone after Trump backs two-state solution
(DBN)

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India:

Jet Airways has a plan to stave off a potential bankruptcy
(DBN)

Govt plans eight special courts to deal with insolvency cases
(DBN)

IL&FS debt fiasco: How the credit raters missed an epic fail IL&FS Financial Services Defaults On Loans Worth Rs 440 Crore
(DBN)

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Australia:

A Stay or no Stay, That is the Question
(DBN)

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Singapore:

Public policy in cross-border insolvency under Singapore Model Law
(DBN)

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Romania:

Romania’s Government adopts emergency ordinance that changes insolvency rules
(DBN)

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Russia:

Not accidental bankruptcy: 122 pages with proof to deliberately sink VIM Airlines sent to Investigative Committee
(DBN)

Brotherly Heist: A Sad Story Of A Failed Russian Bank And Its Toxic Aftermath
(DBN)

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China:

Creditors in China See Strong-Arm Tactics From Local Govts
(DBN)

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Latvia:

ABLV creditors submit claims to €2 billion worth of obligations
(DBN)

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Venezuela:

Is Trump Eyeing A Coup In Venezuela?
(DBN)

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