August 29, 2019

The Daily Bankruptcy News

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Law:

Miles & Stockbridge, Baker Donelson Snag LeClairRyan Attorneys
(DBN)

Nonlawyers could invest in law firms and own legal businesses under Utah work group’s proposal
(DBN)

Former Biglaw Partner Gets Fired From His General Counsel Role After Arrest On Sex Abuse Charge
(DBN)

Meet the 2019 Legal Rebels
(DBN)

Gender Pay Gap for General Counsel Has Grown, Study Says
(DBN)

Dressing down for Hogan Lovells partner who sacked pregnant nanny
(DBN)

Big Law's Midsize Competitors Are Wrestling With the Billable Hour
(DBN)

Farewell Whittier Law School
(DBN)

Law students among least hardworking of all students
(DBN)

There’s A Lot Of Continuity At This Law School
(DBN)

It’s Like Jones Day Doesn’t Even Understand The Concept Of Optics
(DBN)

Wisconsin cases worth millions in limbo due to lame-duck law
(DBN)

‘I Did Not Lie.’ Greg Craig Testifies In His Own Defense At Criminal Trial Craig Testifies He Didn’t Mislead Justice on Ukraine Work At Greg Craig Trial, Questioning of Ex-Skadden Partner Sparks Tense Exchange Among Lawyers Greg Craig Trial Should Have Been More Interesting Than It Is
(DBN)

Accuser: Prince Andrew Knows What He Did Epstein's Accusers Met with Feds After Court
(DBN)

Trump Almost Completely Escapes Paying Cohen’s Legal Fees
(DBN)

MSNBC's O'Donnell makes questionable claim on air that Trump has loans with Deutsche Bank backed by 'Russian billionaires close to Vladimir Putin' NBCUniversal Threatened With Defamation Suit By Donald Trump Over “Russian Co-Signers” Bank Loans Claim MSNBC’s Lawrence O’Donnell retracts unverified Trump story, apologizes
(DBN)

The Trump Secrets Hiding Inside Deutsche Bank The clock is ticking on Trump's tax returns The world is talking about Donald Trump's relationship with Deutsche Bank
(DBN)

William Barr’s $30k Trump hotel party illustrates how corruption is becoming more brazen and blatant
(DBN)

Trump has reportedly promised pardons to officials who break the law to build his border wall Trump to Aides: Seize the Land for Wall Now Trump plans to fast-track border wall construction ahead of 2020 election US, Mexico widen asylum crackdown to push back all migrants The other problem with ICE detention: Solitary confinement
(DBN)

Did Trump Just Slam US Military? Troops' Kids Born Overseas Not US Citizens Automatically Trump to make it harder for children born overseas to become citizens Confusion over new citizenship rule for kids born overseas to U.S. military members
(DBN)

Federal agents raid home of United Auto Workers union President Gary Jones
(DBN)

Trump administration accuses Vermont hospital of civil rights violation related to abortion Nurses Who Object to Abortion
(DBN)

Same-sex couples aren’t afforded equal abuse protections in this state
(DBN)

Her death was ruled an overdose. Now police say her husband spiked her cereal with heroin
(DBN)

Debut novelist’s tale of Sri Lankan refugees wins 2019 Harper Lee Prize for Legal Fiction
(DBN)

Lil Wayne Uses Johnny Depp To Fight His Ex-Lawyer in $20 Million Legal Battle
(DBN)

Lawyer Charged for Slapping Plaintiff's Attorney Before Deposition
(DBN)

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Judges:

BK ID: Term Law Clerk Sought
(DBN)

Florida Supreme Court weighs rule generally requiring judges to grant parental-leave continuances
(DBN)

Ruth Bader Ginsburg Isn’t Going To Let A Little Thing Like Pancreatic Cancer Slow Her Down
(DBN)

When do Supreme Court justices retire? When the politics are right.
(DBN)

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Wall Street:

Dow futures jump more than 200 points after ‘calm’ trade comments from China U.S. stock futures spike as China says it won’t immediately respond to tariff hike
(DBN)

European stocks climb as China cools trade tensions and Italy solves political crisis
(DBN)

Stocks close higher though investors are watching the yield curve, U.S.-China trade fight, Brexit
(DBN)

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Layoffs:

Startup raises $7.5 million to make strawberry-picking robots
(DBN)

Elon Musk: Computers will surpass us ‘in every single way’
(DBN)

AI could enable a 12-hour work week
(DBN)

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Pharma:

Purdue Pharma and its billionaire owners may end up giving billions in OxyContin profits to communities harmed by the opioid crisis
(DBN)

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Food/Beverage:

Restaurants Unlimited Gets $37M Ch. 11 Stalking Horse Offer
(DBN)

'I will not endorse that': The CEO of Whole Foods says eating plant-based 'meats' is unhealthy
(DBN)

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Retailing:

Kirkland Earns $2.6 Million in Fees So Far from Barneys
(DBN)

Apparel retailer Forever 21 weighs bankruptcy filing Forever 21 Prepares for Potential Bankruptcy Filing Forever 21 Considers Bankruptcy As Mall Sales Decline Forever 21 Could File For Bankruptcy, Store Closures Expected
(DBN)

Why 'Big Short' investor Michael Burry is going long on GameStop, the video-game retail titan that's been crashing all year
(DBN)

Ascena, Hoping to Quell Bankruptcy Talk, Says it’s Meeting All Financial Obligations
(DBN)

Lord & Taylor sold to ‘endless closet’ dotcom Hudson’s Bay to sell Lord & Taylor for $100 million to clothing rental service Le Tote
(DBN)

Online and catalog discount retailer files for bankruptcy
(DBN)

Charming Charlie IP goes on the auction block
(DBN)

Can mall-based retailers survive economic headwinds?
(DBN)

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Gymnastics:

Help wanted at bankrupt USA Gymnastics for 'safe sport' executive
(DBN)

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Festivals:

Fyre Festival Trustee Seeks Funds From Blink-182, Kendall Jenner, Emily Ratajkowski
(DBN)

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Student Debt:

Scams are popping up online that promise to help students get rid of their crippling loans — and it’s making an already-bad problem even worse
(DBN)

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Mass Torts:

Mass Tort Plaintiffs Who Failed to Disclose Their Claims in Bankruptcy Court: Standing and Estoppel
(DBN)

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Corporate Governance:

America’s CEOs have turned against their shareholders. Here’s why
(DBN)

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Non-Profits:

In debt, Freedom Village for sale
(DBN)

NRA Funds Paid Off Sexual Harassment Claim
(DBN)

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Religion:

Suits allege clergy abuse, cover-up in Pennsylvania diocese
(DBN)

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Autos:

Trump’s False Auto Industry Tweets
(DBN)

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Economy:

The U.S. Is Spending More on Debt Even as Other Rich Countries Spend Less
(DBN)

Seniors are increasingly going hungry
(DBN)

Fed tweets show Trump doesn't understand central banking
(DBN)

Why record low bond yields could keep heading lower as market fears ‘disaster scenario’
(DBN)

Yes, the Fed Could Still Stop a Recession
(DBN)

Mnuchin says U.S. weighs ultra-long bond issuance, no plans ‘at this time’ to intervene in dollar
(DBN)

U.S. Corporate Bonds Are Having the Best August in Four Decades
(DBN)

New recession warning: The rich aren’t spending
(DBN)

'Big Short' investor Michael Burry predicted the housing crisis. Now he's calling passive investment a 'bubble.'
(DBN)

China says it’s willing to resolve the trade war with a ‘calm attitude’ Google is reportedly going to make its Pixel phones in an old Nokia factory in Vietnam to escape Trump's China tariffs China’s playing the long game, and is making key moves to hedge against Trump’s tariffs This trade war scenario could spark doom, strategist says Dozens of technology companies have warned the Trump administration that more China tariffs would make electronics more expensive Trump's trade war could cost him with a key constituency: Farmers As Trump’s Trade Agenda Falters, Dems see Rural America in Play for 2020 US Moves Quickly to Implement China Tariffs
(DBN)

American Factory Tells An All Too Familiar Story
(DBN)

American Super Commuters on the Rise
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

Ditech Sale Blocked by Homeowner Claims of Botched Mortgages Ditech Denied ‘Free and Clear’ Sale of RMS in Bankruptcy Court Ditech Ch. 11 Plan Ignores Customers' Interests, Judge Says
(DBN)

Zillow Case-Shiller Forecast: Lower YoY Price Gains in July compared to June
(DBN)

Real House Prices and Price-to-Rent Ratio in June
(DBN)

The 15 best cities in the US to buy a home
(DBN)

Homeowners are sitting on a record amount of cash, but they’re not really tapping it Homeowner "tappable equity" reaches an all-time high of $6.3 trillion Black Knight on "Tappable Equity"
(DBN)

WeWork Sued By Landlord For Allegedly Making $150 Million Disappear
(DBN)

TX: GOMO grounded as trustee collects claims
(DBN)

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Municipalities:

Promesa's Cracker Jack Surprise
(DBN)

How little we know about Puerto Rico's economy
(DBN)

Dorian upgraded to Category 1 hurricane as storm threatens Puerto Rico Tropical Storm Dorian moving toward a fragile Puerto Rico
(DBN)

Trump slams Puerto Rico for corruption ahead of Dorian Trump calls Puerto Rico ‘one of the most corrupt places on Earth’ as hurricane skirts by Trump: ‘I’m the best thing that’s ever happened to Puerto Rico’
(DBN)

Puerto Rico's Banking Industry Better Prepared for Recession
(DBN)

Boris Johnson's constitutional crisis now resembles America's
(DBN)

15 US cities where it can feel like saving money is nearly impossible
(DBN)

Cities Where the Middle Class Can't Live
(DBN)

Small American Towns Addicted to Fines
(DBN)

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Oil/Gas:

Former CEO of shut Philadelphia refinery seeks to buy the plant Former PES refinery CEO Rinaldi says he wants to make renewable fuels at the complex
(DBN)

EdgeMarc Energy Gets OK For $50M Ohio Asset Sale In Ch. 11
(DBN)

Bankrupt Philly refinery has a new bidder in former chief with big plans to revive fuel complex
(DBN)

Energy engineering co. files for bankruptcy in Houston
(DBN)

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Politics:

Mattis: Bitter Politics Threatens America The Man Who Couldn’t Take It Anymore
(DBN)

Democrats' chances of taking Senate just got better
(DBN)

Biden Targeted in Attack Ad as Being Too Close to Business Woman with obscure grudge against Joe Biden pays $500,000 for attack ads Biden: Welfare Queens Driving Cadillacs
(DBN)

Bernie Sanders' plan to restructure your life
(DBN)

Bashing China could be the Democrats’ ticket to the White House
(DBN)

Poll: Latinx voters are leaning Democratic in 2020 battleground states
(DBN)

Wealthy former Hillary Clinton donor Stephen Rosenberg is using shell company to back Trump
(DBN)

Trump breaks with Fox News Fox News Stars Push Back on Trump Trump accuses Fox News of 'heavily promoting Democrats,' urges followers to look for another news outlet
(DBN)

Trump's worst 2020 poll yet Quinnipiac: All Top Dems Easily Beat Trump USA TODAY/Suffolk poll: Americans dread the 2020 election; Biden maintains his lead
(DBN)

Trump asked agriculture secretary to remove protections from Alaska's Tongass National Forest
(DBN)

Trump campaign attacks AOC, Democrats: 'This is our country, not theirs' Ocasio-Cortez smacks Trump with his own contradictory tweet from 2012
(DBN)

American farmers say China tariffs are making life worse — and rancher support for Trump is fading fast
(DBN)

Law and Order President Said He Will Pardon Underlings Who Break the Law for Him
(DBN)

What's Trump's idea of 'America first'? G-7 cash flowing to his golf resort House Judiciary Committee to investigate Trump's 2020 G7 hosting plan
(DBN)

Tea Party Failed. Except the Anger
(DBN)

Democrats disavow Obama's creation of rival political group
(DBN)

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Pharma:

J&J is at risk of losing its AAA credit rating following Oklahoma opioid verdict
(DBN)

Oklahoma judge feeds the 'monster' with $572M opioid ruling against Johnson & Johnson Private lawyers stand to make $90 million as judge hits Johnson & Johnson with $572M opioid ruling
(DBN)

Sacklers to Remain Billionaire Family If Purdue Settles Opioid Lawsuits
(DBN)

Uncertainty grows about future of OxyContin maker Purdue Pharma
(DBN)

Oxy settlement could see Purdue Pharma declare bankruptcy, Sackler family out
(DBN)

US opioid crisis: experts say payouts from drug makers ‘highly questionable’
(DBN)

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Event Facilities:

If you're wondering what went wrong at Oshkosh's shiny new arena, here are 10 things to know
(DBN)

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Taxis:

Uber & Lyft Often Take More Than 50% of Fare
(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 (14 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (19 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:

Bankruptcy Sales: Highest Is Not Always Best
(DBN)

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Bankruptcy Reform:

Four key takeaways from the August 2019 bankruptcy code amendments
(DBN)

New Bankruptcy Laws Attempt to Assist Family Farming Operations and Small Businesses
(DBN)

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Discharge:

Post -Taggart, Debtors May Face Higher Pleading Standard
(DBN)

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IP:

Supreme Court Clarifies Treatment of Trademarks in Bankruptcy Cases
(DBN)

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Debt Collection:

What Happens When You Don’t Pay a Hospital Bill
(DBN)

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Bankruptcy Strategy:

Chapter 11 Bankruptcy Uses and Strategies—What Can Be Accomplished?
(DBN)

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Crypto:

EY Requests to Move QuadrigaCX Crypto Exchange Bankruptcy Case
(DBN)

Investigators are Converging on the Carcass of QuadrigaCX
(DBN)

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Healthcare:

Bernie Sanders overstating medical debt-bankruptcy link, newspaper analysis finds
(DBN)

Lawyers, consultants to earn millions in the wake of Hahnemann collapse
(DBN)

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Climate:

Hurricane Dorian is moving toward Puerto Rico and Florida. Here's why storms are getting stronger, slower, and wetter Likely to Approach Florida as a Major Hurricane Hurricane Dorian gains might as it takes aim at Florida Hurricane heads for Florida after brushing Caribbean islands Hurricane Dorian: What you need to know
(DBN)

Hurricanes and tropical storms lead to flood of misinformation
(DBN)

EPA to Roll Back Regulations on Methane
(DBN)

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Fraud:

FBI agents raid home of union president amid investigation into illegal payments and corruption
(DBN)

How Fraudsters Steal Disaster Aid
(DBN)

Lori Loughlin Finally Gets a Win Lori Loughlin Gives Glimpse of Defense in College Admission Scam
(DBN)

Pennsylvania Woman's Alleged $100 Million Ponzi Scheme May Be Largest Scheme Run By A Woman
(DBN)

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Coal:

Blackjewel says sale of Wyoming mines is 'dead,' according to creditor
(DBN)

Court filing: Sale of Wyoming mines to Contura ‘dead'
(DBN)

Blackjewel: Contura sale not 'dead;' judge OKs carving out Pax mine
(DBN)

Judge says Blackjewel can sell eastern, Wyoming mines separately
(DBN)

Court considers miners’ pay, insurance, more
(DBN)

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Trucking:

Top 250 fleet HVH Transportation abruptly shutters operations
(DBN)

'It's like being an indentured servant': Truck drivers reveal the worst parts of their jobs
(DBN)

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UK:

UK Prime Minister Boris Johnson asks queen to shut down Parliament to help pass no-deal Brexit Boris Johnson's constitutional crisis now resembles America's Lawyers react to explosive news that Boris Johnson will ask the Queen to suspend parliament Suspending Britain’s Parliament Is an Act of Desperation Queen approves Boris Johnson’s plan to suspend parliament, making a no-deal Brexit more likely What Boris Johnson's suspension of Parliament means for Brexit What Boris Johnson's move to suspend Parliament actually means for Brexit Boris Johnson’s Brutal Game of Truth or Dare Boris Johnson Wrecks British Democracy Brexit: What the Hell Just Happened? UK PM Has United Opposition Parties Boris Johnson is England's Modern Caesar EU Condemns Move to Suspend Parliament Furious Backlash to Parliament Suspension
(DBN)

Litigation Funding – an Overview from England and Wales
(DBN)

Collapsed Fox Street Village developer owes £10m but creditors 'unlikely' to be paid back
(DBN)

Bury MP and fans groups call for inquiry into CVA and football regulation Bury finally beaten by speculative property deals
(DBN)

Personal insolvencies on the rise across Scotland
(DBN)

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Canada:

Case of QuadrigaCX crypto collapse could shift to Toronto courtroom
(DBN)

Out of Control: Yukon Court Lifts Stay in BC Proposal Proceedings of Mining Company
(DBN)

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Hong Kong:

Hong Kong has been the least affordable city in the world for 9 years running, and the housing crisis is one of the factors fueling the 12-week protests
(DBN)

China sends fresh troops into Hong Kong as military pledges to protect ‘national sovereignty’
(DBN)

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Germany:

Senvion says received no bids for entire business, layoffs from September
(DBN)

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Russia:

Russians struggle under burden of soaring consumer loans
(DBN)

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India:

Synergy Group Corp plans to pick up 49% stake in Jet Airways; final date for bids extended till Aug 31
(DBN)

Changes in liquidation process under IBC not retrospective: IBBI
(DBN)

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South Africa:

The dark underbelly of the business rescue industry
(DBN)

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Argentina:

Argentina Pushes Creditors for More Time to Pay Back Its Debts Argentina Aims to Restructure Debt
(DBN)

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MENA:

ISIS Terrorist Killed By Own Drone Bomb After A Low Battery Charge Caused Drone To Return Home
(DBN)

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