August 23, 2019

The Daily Bankruptcy News

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Law:

Law Firm Bills in Big Bankruptcy Cases Growing Rapidly
(DBN)

The 10 Most Expensive Law Schools (2019)
(DBN)

Annual Cost Of Attendance At 3 T14 Law Schools Now Exceeds $100K
(DBN)

Reddit vs. Reality For Law School OCI Advice
(DBN)

Have IT Departments Become Unlikely Barriers To Legal Technology?
(DBN)

International Legal Tech Conference Breaks Attendance Record
(DBN)

Ex-Trump Campaign Aide Gates Testifies in Trial of Gregory Craig
(DBN)

4 Phishing Tactics That Dupe the Legal Profession
(DBN)

The Strong Golfing Ties At This Biglaw Firm
(DBN)

California Bar Investigator Begins Probe in Exam Leak
(DBN)

Epstein may have gamed the system from beyond the grave
(DBN)

Don’t Use These Free Speech Arguments Ever Again
(DBN)

CA: Hotel Worker Planned Massacre
(DBN)

Trump echoes NRA talking points, showing that “background checks” talk was all a charade
(DBN)

House Democrats Less Likely to Get Trump’s Tax Returns Before 2020 Election
(DBN)

Big Law Billed Republicans Millions to Sue Obama. Against Trump, Firms Are Working for Free
(DBN)

Trump lawyer plays the long game on the front lines of legal battles with the House
(DBN)

Here's what you need to know about President Trump's suit to keep his finances secret
(DBN)

Why anti-abortion groups are backing away from abortion bans
(DBN)

Migrants' kids could stay in detention for months instead of weeks, under new Trump rule
(DBN)

Harvey Weinstein is to be arraigned on new charges Harvey Weinstein Demands Venue Shift To Upstate Shack With No Cell Signal
(DBN)

Larry Bird mural with tattoos of mating bunnies and spider web brings objection from his lawyer
(DBN)

Gates testifies in prominent lawyer's trial about work on behalf of Ukraine
(DBN)

Lawyer leads double life as Instagram star
(DBN)

London Skadden associate struck off for lying to FBI
(DBN)

GSA official had sex with White House staffer on roof of agency's HQ, watchdog report says
(DBN)

A cop says he 'blacked out' and fired his gun. Prosecutors say he killed his estranged wife.
(DBN)

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Judges:

'My Wife Is Dying': Lawyer's Complaint Claims Judge Demanded Court Appearance
(DBN)

Judge was too quick to find contempt and too slow to write opinions, ethics complaint says
(DBN)

Federal judges received a link to an anti-Semitic blog post Justice Dept. sent anti-Semitic post to immigration judges
(DBN)

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Wall Street:

US futures point to a slightly higher open ahead of Powell’s speech
(DBN)

Dow rises slightly ahead of big speech from the Fed chief
(DBN)

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Layoffs:

 

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Politics:

U.S. laws don't cover campaign disinformation
(DBN)

How Donald Trump's campaign manager Brad Parscale went from family bankruptcy to splashing out millions on mansions, condos and luxury cars through his companies that get a hefty cut of the president's $57M campaign contributions
(DBN)

The bizarre-even-by-Trump-standards past 72 hours, explained
(DBN)

If Trump Were an Airline Pilot
(DBN)

Donald Trump Is Not the Messiah, He's a Very Naughty Boy
(DBN)

Trump kills plan to cut billions in foreign aid
(DBN)

“In a perfect world, they’d be running mates”: New Hampshire voters are torn between Sanders and Warren
(DBN)

A new poll shows what really interests 'pro-lifers': controlling women
(DBN)

Trump’s Greenland Gambit Might Be Crazy—But It Could Also Be the Future
(DBN)

Sarah Huckabee Sanders to join Fox News as a contributor
(DBN)

59% Don't Want Trump Impeached
(DBN)

62% Disapprove of Trump's Presidency New poll shows Trump’s approval rating is still weak despite a good economy Trump has remade GOP, but poll finds it's at a price
(DBN)

Why Trump Keeps Failing to Make Deals
(DBN)

Democrats see opening on economy, resist cheering recession Trump's erratic outbursts show his fear that a recession could sink his reelection campaign, ex-White House officials say
(DBN)

Frustrated by unpopularity with Jews, Trump thrusts Israel into culture war
(DBN)

Elizabeth Warren Rekindles Hate-Hate Relationship With Wells Fargo
(DBN)

Mitch McConnell is calling on Democrats to keep the filibuster. He ignores just how much he’s done to blow up Senate rules McConnell offers fresh defense of Senate filibuster, warns Democrats could pass 'socialist policies' if they take control Abolishing the Filibuster Is Unavoidable for Democrats
(DBN)

John Roberts said we need to rely on states to solve gerrymandering. That's not going so well.
(DBN)

Trump Inflated Golf Courses' Values by $165M
(DBN)


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Electricity:

PG&E’s CEO could make up to $110 million in bonuses if its stock rebounds, investors warn
(DBN)

PG&E Power Line That Sparked Camp Fire Was Inspected Weeks Earlier
(DBN)

PG&E Seeks To Borrow Money Without Taxes To Compensate Wildfire Victims
(DBN)

PG&E Shareholders Are Worried That They Now Might Be Wiped Out
(DBN)

Mountain Fire burning in Shasta County, PG&E announces shutoffs
(DBN)

How much could PG&E’s rates rise? What you need to know
(DBN)

Bernie Sanders Calls To Seize the Means of Electricity Production
(DBN)

FirstEnergy Solutions' bankruptcy plan hits snag as judge presses utility to resolve union contracts
(DBN)

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Taxis:

Uber's Dubious Path to Profitability
(DBN)

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Student Debt:

Student Loan Crisis: High-Price Colleges Support Beautiful Campuses (and Other Luxuries) on the Backs of their Students
(DBN)

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Economy:

Fed officials are divided over whether the economy needs more rate cuts Two top Fed officials say they don’t favor additional interest-rate cuts Fed’s Kaplan is open to possibility of more interest-rate cuts Caroline Baum: The Fed should heed the bond market and slash interest rates Trump leans on Fed anew as officials gather in Jackson Hole There is enough economic data for the Fed to warrant a rate cut, Jim Cramer says
(DBN)

New Federal Deficits May Doom Social Security
(DBN)

Remember When Governments Used to Run Their Economies?
(DBN)

Fed’s Powell will find it hard not to rock markets with his comments Friday
(DBN)

Summers warns Fed not to be too confident it has tools to combat recession
(DBN)

Transition into Serious Delinquency (90+ Days) by Loan Type Percent of Balance 90+ Days Delinquent by Loan Type
(DBN)

The month Trump’s economy faltered
(DBN)

Cracks Begin to Form in the Leveraged Loan Market
(DBN)

Junk-Debt Market’s Flight to Quality Is About to Heat Up Again
(DBN)

The market's most feared recession signal flashes again amid fears the Fed won't do enough to prevent an economic meltdown
(DBN)

The economist who first linked the yield curve to recessions sees ‘pretty high’ chance of downturn
(DBN)

Nobel-winning economist says forget yield curves—this may be what really fuels a recession
(DBN)

Minerd: World Bond Markets in a Bubble
(DBN)

Negative Rates Are Coming for Your Savings
(DBN)

If and when the recession begins, it won't be Trump's fault
(DBN)

Nouriel Roubini: The Fed can’t rescue us from the coming supply-shock recession
(DBN)

U.S. manufacturing sector contracts for first time since 2009
(DBN)

Kansas City Fed: "Tenth District Manufacturing Declined in August"
(DBN)

Trump's China bind China threatens ‘countermeasures’ on trade, without saying more A slump in freight shipping flashes warning signs for economy as US-China trade war rages
(DBN)

EU drafts plans to take on American tech giants and slap tariffs on U.S. goods
(DBN)

Weekly Initial Unemployment Claims decreased to 209,000
(DBN)

Trump's economic rhetoric just took another big hit
(DBN)

Larry Kudlow says there could be a tax cut before Election Day
(DBN)

G-7 braces for its next encounter with Trump Macron seeks to be mediator in G-7 hard times As global economic picture dims, solutions seem out of reach
(DBN)

Nervous retirees are too scared to spend
(DBN)

Biden on capital gains tax: “We should raise the tax back to 39.6 percent”
(DBN)

FactCheck: "Since the passage of Tax Cuts, real disposable personal income per household has increased $5,205."
(DBN)

FactCheck: "Yesterday we had the strongest dollar in the history of our country"
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

"Mortgage Delinquencies See Strong Recovery from June Spike"
(DBN)

The inverted yield curve is doing something weird to mortgage rates
(DBN)

The dirty secret about most ‘fixer uppers’
(DBN)

Investors are ‘unduly pessimistic’ about housing-related stocks
(DBN)

30-year mortgage rate falls to its lowest level in nearly three years
(DBN)

Here are the 25 costliest places to live in the U.S.
(DBN)

Toll Brothers, the bell that tolls for luxury market
(DBN)

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Municipalities:

U.S. judge refuses to dismiss lawsuit over Puerto Rico pension law
(DBN)

Second meeting with Puerto Rico gov gives fiscal board ‘confidence’
(DBN)

Puerto Rico’s Former FEMA Chief Moves to a Firm that Advises the Island’s Main Recovery Office
(DBN)

Texas ransomware attacks show big gaps in cyber defenses — expect more like them
(DBN)

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Oil/Gas:

Biofuels company proposes to buy fire-damaged Philadelphia refinery
(DBN)

Emotions raw as PES workers fight to keep refinery open
(DBN)

Texas Driller Sues U.S. to Get Visa for In-House Big-Game Hunter
(DBN)

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Personal Finance:

I'm a financial adviser, and I see rich people make the same 5 mistakes over and over
(DBN)

Here’s the salary you need to earn to save 10% of your income and retire with $1 million
(DBN)

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Healthcare:

Tulare hospital district completes bankruptcy filing: 'A remarkable turnaround' California hospital set to emerge from bankruptcy after 2 years
(DBN)

Planned Parenthood clinics try to stay afloat after withdrawing from Title X
(DBN)

True Health Says Medicare Withholding Violates Ch. 11 Stay
(DBN)

Health care costs as much as a new car
(DBN)

What it’s like to do the toughest job in America
(DBN)

Cancer patients can now apply to have their student loan payments postponed
(DBN)

Trump: Gutting Medicare Would be Fun Second Term Project
(DBN)

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History:

5 things people still get wrong about slavery
(DBN)

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Crypto:

Grant Thornton updates Cryptopia account holders
(DBN)

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Religion:

U.S. Catholic bishops hire a new spokeswoman
(DBN)

How anti-Semitic beliefs have quietly taken hold among some evangelical Christians Trump pushes anti-Semitic stereotypes but thinks he's praising Jews
(DBN)

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Coal:

Blackjewel coal shipments are halted
(DBN)

'No pay, we stay': Kentucky miners block $1m coal shipment saying they will not budge until they get their final pay check
(DBN)

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Travel:

Delta Flight Delayed by 18 Hours
(DBN)

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New Bankruptcy Opinions
(7 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (19 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (33 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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Litigation:

The Advantages Of Being Pregnant As A Trial Attorney
(DBN)

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Cross-Border:

New York Bankruptcy Court Issues Ruling on Recognition of Foreign Proceedings
(DBN)

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Mass Torts:

Dow Corning’s 24-Year Bankruptcy Nears End on $172 Million Deal
(DBN)

Third Circuit Denies Defendants’ Request for Unlimited Access to Exhibits Submitted to Bankruptcy Trusts
(DBN)

Asbestos Claimants Committee again moves to dismiss Bestwall's Chapter 11 bankruptcy petition; ACC says the debtor holds claimants 'hostage' while seeking a 'bankruptcy discount'
(DBN)

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Climate:

Earth's lungs are burning
(DBN)

Photos: major wildfires have ignited across Europe, Asia, and Latin America
(DBN)

Global worry over Amazon fires escalates; Bolsonaro defiant Brazil's president says his critics are setting fires in the Amazon to make him look bad 99% of Fires Were Started by Humans Amazon Fires: How Bad is It? Amazon Produces 20% of World's Oxygen
(DBN)

Democratic National Committee votes down climate-focused debate
(DBN)

The right-wing populist wave is a threat to the climate
(DBN)

Sanders unveils $16 trillion climate plan that would reshape U.S. economy
(DBN)

For Voters, Does Climate … Actually Even Matter?
(DBN)

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Fraud:

NY investment lawyer admits ‘staggering’ fraud scheme, fleecing $12M from clients
(DBN)

BI charges 80 members of an international crime ring for 'stealing at least $46 million through email scams and fake online romances'
(DBN)

Lori Claims She Was Scamming the Rich
(DBN)

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Retailing:

Gloomy labor statistics show that the retail apocalypse was worse than we thought
(DBN)

Eerie photos reveal the barren scene inside an iconic grocery chain that closed stores and couldn't pay vendors
(DBN)

Shoppingtown Mall goes before Federal Bankruptcy Judge
(DBN)

Save-A-Lot Debt Goes for Half Off as Grocery Rivals Squeeze Sales
(DBN)

Department stores sully an otherwise breakout quarter for retail
(DBN)

Sales Surging But The Retail Apocalypse Continues
(DBN)

Retail Apocalypse Or Retail Revival? Five Smart Ways Retailers Are Bucking The Trend
(DBN)

Barneys exec explains why it's keeping the Madison Avenue flagship
(DBN)

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Celebs:

Jamie Oliver is reduced to tears as he returns to empty Fifteen restaurant in London and admits he 'didn't know' how to run business after it collapsed with loss of 1,000 jobs Jamie Oliver seeks to refocus business after restaurant failure
(DBN)

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Amusement Parks:

Judge refuses to end Standard Amusements' bankruptcy, keeps Playland contract in place for now
(DBN)

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Pharma:

Troubled Chandler opioid maker sells off drug assets as part of bankruptcy Insys Ch. 11 Sales For Two Drug Lines Approved In Del.
(DBN)

Concerns about Insys employee wrongdoing justify new severance plan, says judge
(DBN)

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Solar:

Last year, Tesla initiated 'Project Titan' — a stealth nationwide program to replace solar-panel parts that could cause fires
(DBN)

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Non-Profits:

How LaPierre Survived the Revolt of the NRA
(DBN)

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UK:

Macron to UK: Brexit Deal Can be Amended
(DBN)

Double Dishonesty of Boris' Brexit Proposals
(DBN)

Asset recovery scammers pose as Insolvency Service to target investors
(DBN)

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PIIGS:

Who Will Lead Italy Out of Its Crisis? Here Are the Key Players
(DBN)

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Canada:

Results of summary dismissal in PwC claim against perpetual over Sequoia Transaction
(DBN)

Canada’s Oil Crisis Is Far From Over
(DBN)

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Mexico:

Mexico Risks Recession as Second-Quarter GDP May Be Revised Down
(DBN)

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India:

Brake on bankruptcy, not the courts’ role
(DBN)

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Argentina:

Argentina Presidential Front-Runner Fernandez Pledges 'No Default' if Elected
(DBN)

Sinking Liquidity for Argentine Debt Adds to EM Investor Woes
(DBN)

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