April 17, 2019

The Daily Bankruptcy News

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Law:

BigLaw global chairman’s death after leave for health issues highlights stress of law practice
(DBN)

Employment Litigator Files for Bankruptcy, Listing Over $10 Million in Debts
(DBN)

Restructuring Attorney Eric Howe Joins Greenberg Traurig in Minneapolis
(DBN)

How To Prepare For Law Jobs For Humans
(DBN)

McDermott Expands Reach with New Wilmington, Delaware Office
(DBN)

Chicago Law Firm MPS Law Adds Bankruptcy Partner
(DBN)

Stop saying ‘I’m sorry.’ Research says it makes others think less of you—here’s what successful people do instead
(DBN)

Biglaw Continues To Struggle With Gender Equity The Top 10 Law Firms For Gender Equity & Family-Friendly Policies (2019) Yale Law Women Report Shows Even Best Firms Can Improve Ranks
(DBN)

HCCA successfully moves to disqualify Southern Inyo bankruptcy attorney Transcript
(DBN)

Kim Kardashian Explains Her Law School Dream With New Details
(DBN)

Michael Avenatti tricked paraplegic client into signing reference: report
(DBN)

White House could impose travel restrictions on nationals from countries whose citizens overstay visas
(DBN)

Hundreds of Africans tried to reach the United States. Now they're stuck in Mexico.
(DBN)

Barr to withhold bail from asylum seekers in latest border crackdown Barr: Indefinite Detention for Asylum Seekers
(DBN)

Ellsberg: Need Leak of Full Mueller Report Who’s Afraid of the Mueller Report? Democrats poised to subpoena report If Congress wants the unredacted Mueller report, here's how to get it Analysis: How the legal battle for the Mueller report could play out
(DBN)

House Dems open investigation into Trump's alleged pardon offer to DHS chief The Last Constraint on Trump
(DBN)

Dershowitz Wanted A Trial Over Trafficking Accusations — He’s Getting One
(DBN)

Trump Organization Urges Judge to Toss Cohen Suit for Legal Fees
(DBN)

FBI says woman who threatened Columbine was 'infatuated' with the shooting. She's still at large.
(DBN)

LA: 71 Year Old Charged in 100 R----
(DBN)

Woman shot with crossbow after she opened door to a 'deliveryman'
(DBN)

Attorney Sent To Jail For ‘Unprofessional And Intimidating’ Behavior
(DBN)

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Judges:

Taboo-busting case pits Fort Lauderdale bankruptcy judge vs higher federal courts
(DBN)

Good Morning Vietnam; Good Night Saigon (Judge's Travel Log)
(DBN)

Judge claims lawyer threatened to release her intimate photos for case leverage; he alleges extortion
(DBN)

SCOTUS justices avoid mention of ‘profane past participle’ in arguments on scandalous trademarks Now THIS Is How You Use Curse Words At The Supreme Court The f-word goes mainstream
(DBN)

Judge: Barr Sowing Public Mistrust
(DBN)

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Wall Street:

Dow futures point to a modest open ahead of fresh earnings
(DBN)

Stocks close higher as Nasdaq reclaims the 8000-mark after 6 months
(DBN)

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Layoffs:

190 layoffs planned at Idaho nuclear waste processing project
(DBN)

172 GE Digital Layoffs
(DBN)

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Education

Is a college education worth it? Grads are divided
(DBN)

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Autos:

Obama 'Car Czar' Defends Auto Bailout In Dealers' $1B Suit
(DBN)

Nissan and Renault Are Rid of Carlos Ghosn. Now, Can They Save Their Partnership?
(DBN)

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Personal Finance

From 401(k) cash outs to splashy weddings, here are America’s biggest money regrets, as told to CNBC
(DBN)

The financial lessons this mother of two learned after suffering an unimaginable loss
(DBN)

Even ‘top earners’ still might not be prepared for retirement
(DBN)

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Healthcare:

Nursing homes face bankruptcy over Medicaid
(DBN)

UnitedHealth CEO says ‘Medicare for All’ would ‘destabilize the nation’s health system’
(DBN)

Fox News accidentally revealed truth about support for Medicare-for-all
(DBN)

Homeland Security is reportedly considering labeling fentanyl as a weapon of mass destruction
(DBN)

Robert F. Kennedy Jr. among lawyers filing suit to block vaccination order Measles outbreak: New York county imposes new restrictions, $2,000 fines
(DBN)

A new study finds the opioid epidemic has led to tens of billions in lost tax revenue
(DBN)

Wall Street is still selling off health care stocks
(DBN)

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Environmental:

Environmental Contamination Claims Discharged in Bankruptcy
(DBN)

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Politics:

Bernie Sanders leads Joe Biden in Emerson national poll of 2020 contenders
(DBN)

Bernie Sanders gets strong support for ‘Medicare for All’ at Fox News town hall Trump goes after Fox News for 'weird' Sanders town hall Donald Trump really isn’t happy that Fox News hosted a town hall with Bernie Sanders
(DBN)

Elizabeth Warren was once a Republican. She shouldn't hide it.
(DBN)

7 winners from the first big presidential fundraising reports
(DBN)

Ohio swing voters view Beto as Trump's biggest threat
(DBN)

Buttigieg in Des Moines: 1,600 attend rally planned for 50 people
(DBN)

Celebrities are donating thousands to these 2020 Democrats
(DBN)

Trump’s new Interior Secretary David Bernhardt, confirmed days ago, is now under investigation
(DBN)

O’Rourke may amend past tax returns due to under payment
(DBN)

Guess Who's Making Nukes Again?
(DBN)

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Pharma:

Achaogen bankruptcy raises worry over antibiotic pipeline
(DBN)

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Coal:

Cloud Peak delays bankruptcy
(DBN)

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Gambling:

Third casino in Mississippi's Tunica County to close
(DBN)

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Economy:

US manufacturing output unchanged in March Industrial Production Decreased 0.1% in March U.S. Manufacturing Hits Soft Patch Tied to Global Slowdown
(DBN)

Economy could be weaker than expected, and the reason is manufacturing
(DBN)

There’s no safe place to hide from the consequences of the biggest bubble yet
(DBN)

Consumers around the world are spending less on almost everything
(DBN)

Here’s where the market is, and isn’t, pricing in a loss of Fed independence
(DBN)

Trump Fed pick Stephen Moore tried to be funny about his wife — and much more — in past writings years before contentious divorce Trump aide: White House interviewing candidates to replace Moore, Cain for Fed
(DBN)

Will we survive the next financial crisis?
(DBN)

Global investors haven’t been this worried about the economy since 2016
(DBN)

As Wages Rise, Black Workers See the Smallest Gains
(DBN)

Paul Krugman on income inequality
(DBN)

‘We can’t fall behind on trade:’ Trump must strike a deal with Japan now, says US Chamber CEO A trade war between the US and Europe is unlikely to happen. Here’s why WTO Decision Could Be Blueprint for Challenges to Trump Tariffs
(DBN)

A Trump reelection should boost stocks and delay a recession, Nobel Prize winner Robert Shiller says
(DBN)

This generation is least frugal with money, and their parents could be partly to blame
(DBN)

One reason lawmakers are hesitant to fix Social Security: the millennials
(DBN)

The quiet desperation of Generation X workers across America
(DBN)

This industry is signaling there’s no rationale for more rate hikes Truckers See Orders and Miles Fall
(DBN)

Women suffer needless pain because almost everything is designed for men
(DBN)

Tx. Sales Tax Increase Pounds Poor Hardest Gov Wants To Pile On With Consumption Tax
(DBN)

Counties Where the American Dream is Dead
(DBN)

Elizabeth Warren’s Corporate Tax Plan Sounds Reasonable. It Isn’t.
(DBN)

Modern Monetary Theory, explained
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

CAR: "California home sales moderate in March"
(DBN)

NAHB: "Builder Confidence Edges Higher in April"
(DBN)

No-income, no-asset mortgages are back (at one lender, at least)
(DBN)

This is how America's housing affordability is impacting credit quality
(DBN)

Top White House economist says Zillow estimates suggest Trump's tax overhaul hasn't affected housing prices
(DBN)

Mortgages? Big banks may be throwing in the towel
(DBN)

Residents discover they're paying fees to defunct HOA
(DBN)

District of Columbia housed homeless in upscale apartments. It hasn't gone as planned
(DBN)

FBI investigating MGT Construction accounting scheme
(DBN)

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Municipalities:

The McKinsey Way to Save an Island
(DBN)

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Oil/Gas:

Austin’s Jones Energy files for bankruptcy, plans fast resolution
(DBN)

Alta Mesa gets delisting warning, cuts more jobs
(DBN)

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Aviation:

Boeing's earnings report brings the 737 Max debacle into focus
(DBN)

Boeing looks to fix its reputation, along with the Max
(DBN)

Bristow considers US-style bankruptcy to end debt woes Bristow Warns of Dire Financial Future, Possible Bankruptcy in SEC Filing
(DBN)

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Travel:

Delta is limiting the amount passengers can recline their seats on its Airbus A320 fleet as controversy swells in the seat decline debate
(DBN)

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Electricity:

New PG&E chief to receive millions in pay, stock to take over bankrupt company New PG&E CEO to rake in a salary more than double that of Geisha Williams, his predecessor
(DBN)

Three Hedge Funds Win Big in PG&E’s Complex Restructuring
(DBN)

Dividends and Disaster: How For-Profit Utilities Threaten Public Safety
(DBN)

PG&E Increases Property Tax and Franchise Fees Payments to Cities, Counties This Year Due to Increased Infrastructure Investment
(DBN)

PG&E’s Wildfire Saga: How Will Utilities Grapple With Climate Risk?
(DBN)

FirstEnergy and its allies, seeking nuclear plant bailout, have spent millions on influence campaign
(DBN)

Ohio legislators to hear bill to save nuclear power plants
(DBN)

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Food/Beverage:

Kona Grill could seek bankruptcy protection amid deteriorating finances, filing shows
(DBN)

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Transit:

Bankrupt Bus Co. Stranded NJ Students – And Took Money
(DBN)

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Hotels:

Developers of bankrupt Tribeca hotel project think Related might be colluding with their landlord
(DBN)

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Hedge Funds:

Insolvent Millionaire Says Multi-Billion Dollar Hedge Fund Doesn’t Have $175 Million Highland Says Fund Lacks Cash to Pay $175 Million Now
(DBN)

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Lehman:

Lehman Brothers, a Family Saga, as Viewed by Some Who Lived It
(DBN)

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Climate:

Winters Are Only Going to Get Worse
(DBN)

The Cataclysmic Break That (Maybe) Occurred in 1950
(DBN)

Wall Street reckons with climate risk
(DBN)

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Student Debt:

Congress Must Stop the Seizing of EITC Tax Refunds to Pay for Defaulted Student Loans
(DBN)

Bruckner et al. article on when the DOE should not contest the discharge of student loans
(DBN)

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Awards:

Two Weil Partners Named Among Turnarounds & Workouts’ Outstanding Young Restructuring Lawyers for 2019
(DBN)

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New Bankruptcy Opinions
(6 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (13 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (62 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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Mootness:

Fifth Circuit Declines to Expand Application of the Equitable Mootness Doctrine in In re Sneed Shipbuilding
(DBN)

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Mediation:

How a Bankruptcy Court Refuses to Approve a Mediated Settlement Agreement
(DBN)

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Bankruptcy Reform:

Bankruptcy Institute Seeks to Relax Student Loan Discharge Rules
(DBN)

Consumer Bankruptcy Reform ... and American Xenophobia?
(DBN)

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Unsecured Attorney's Fees:

Fourth Circuit Reverses Disallowance of Lender’s Post-Bankruptcy Legal Fees
(DBN)

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Cross-Border:

Review of jurisdictional issues in recent cross-border schemes of arrangement
(DBN)

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Insurance:

Coverage Complications for Prior Acts Under Claims Made Insurance Policies
(DBN)

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Property of the Estate:

Fifth Circuit Rules the Seven Seas: Court Reaffirms Distinction Between Direct and Derivative Injuries
(DBN)

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Sales:

Asset Sales in Bankruptcy: Public Auctions vs. Private Sales under Bankruptcy Code Section 363
(DBN)

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Contempt:

"I Did Not Know!" The Ultimate Defense: the Supreme Court's Decision in Taggart Will Bring Uniformity in Bankruptcy Courts
(DBN)

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Retailing:

Apparently Eddie Lampert Can Prevent The Closure Of A Company He Owns Most Of
(DBN)

Sears Fights Lenders' Bid To Cut Off Ch. 11 Cash Collateral
(DBN)

How Shopko marketed its company, tried to avoid liquidation
(DBN)

What Retail Recovery? Malls Under Pressure as Stores Close
(DBN)

Maui retail vacancies hit record high in 2018
(DBN)

Petland Discounts Closes Stores, Files for Bankruptcy
(DBN)

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Tax:

More people are cheating on their taxes, but fewer are going to jail
(DBN)

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Debt Collection:

Why Every Lawyer And Client Should Be Fighting To Stop The “Meaningful Attorney Involvement” Doctrine From Spreading
(DBN)

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Marketing:

Austin internet marketing firm eRelevance unexpectedly shuts its doors
(DBN)

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UK:

Bankruptcy fears as thousands in north-east hit with massive tax bills
(DBN)

Blow for bankrupt barrister in trustee battle
(DBN)

UK wage growth at new decade high as employers hire in the face of Brexit Prime Minister May under pressure from own side to dump cross-party Brexit talks Pelosi warns there will be no US-Britain trade deal if Brexit harms the Irish peace accord
(DBN)

Priority in insolvency – heavy lies the Crown (preference)?
(DBN)

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Canada:

Seismic shift for lenders to the resource sector: Supreme Court of Canada rules that a company’s environmental liability can rank in priority to secured debt
(DBN)

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India:

Jet Airways stock suffers heavy losses after emergency funding doubts Jet Airways' lenders may invite bids from PE firms amid prospect of shutdown Crisis-hit Jet Airways may get fresh funds soon Jet Airways crisis: Fleet down to 5 planes Is it the end of the road for Jet Airways? Replay of Kingfisher Airlines saga? Banks select 4 bidders as Jet Airways runs on fumes Jet Airways unemployment crisis: 'Same old story, companies get bankrupt, promoters don't' What Jet Airways' Near-Collapse Says About India's Economy
(DBN)

Now, promoters of bankrupt companies can settle dues
(DBN)

Govt seeks comments from stakeholders on ‘pre-packaged’ insolvency resolution
(DBN)

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France:

Apple joins French firms in pledging millions to rebuild Notre Dame after fire Notre Dame has no insurance policy Notre Dame Donations Cross $1 Billion France’s Paradoxes, Embodied in a Cathedral How the far right spread politically convenient lies about the Notre Dame fire
(DBN)

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MENA:

Saudi court rejects AHAB bankruptcy filings after decade-long dispute
(DBN)

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Netherlands:

Circle files for bankruptcy of Dutch printing companies
(DBN)

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China:

China says its first-quarter GDP grew by 6.4 percent, topping expectations
(DBN)

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Australia:

Impact of the Australian Banking Royal Commission on insolvency professionals
(DBN)

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Turkey:

Turkey’s economy is spiraling — and a new election will make things worse
(DBN)

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Brazil:

Aircastle repossesses planes loaned to Brazilian airline
(DBN)

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