December 12, 2019

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Jones Day Files For Sanctions In Ongoing Gender Discrimination Lawsuit
(DBN)

Some Associates At This Firm Will Get An Extra $40,000 On Top Of The Standard Bonus Scale
(DBN)

Law Firms Urged to Be Cautious Despite Robust 2020 Forecast
(DBN)

Buchanan Ingersoll & Rooney Adds Bankruptcy Counsel In Miami
(DBN)

Four Law School Students Allege Pregnancy Discrimination
(DBN)

Report predicts law firm revenue growth and consolidation in 2020
(DBN)

Examining the Disconnect Between In-House Leaders and Legal Teams
(DBN)

Author of 'Big Law Killed My Husband' Calls for 'Individual' Improvement
(DBN)

White & Case Deployed 400-Lawyer Army for Saudi Aramco IPO
(DBN)

LA Associate, Linklaters Crypto Expert Move Forward With 'Mommy Track' Suit Against MoFo
(DBN)

Should Law Firm Owners Speak Their Truth?
(DBN)

A Lawyer and Technologist Walk Into a Northwestern Lecture Hall
(DBN)

Jones Day Sues Client for $5 Million in Unpaid Bills
(DBN)

To Fatten That Book of Business, Tap Into Your Imperfections
(DBN)

Lawyer Well-Being at Work: It's a Two-Way Street
(DBN)

Law school student interrogated by FBI, expelled over 'It's Okay to be White' flyers
(DBN)

Attorneys Are Fun People To Be Around
(DBN)

Law school found out of compliance with program resources standard; dean is ‘surprised by the finding’
(DBN)

Headhunter Litigation Puts Spotlight on Secretive Industry Focused on Partner Moves
(DBN)

Lawyer Faces Disbarment After Failed SCOTUS Bid in 'Hollywood South' Case
(DBN)

Lawyer’s Heart Attack One Day Before Raise Doesn’t Cut Benefits
(DBN)

Ex-Trump lawyer Michael Cohen asks for reduced criminal sentence, blasts ‘Barr-led’ DOJ Michael Cohen, Broken and Humiliated, Asks for Leniency From Prison
(DBN)

House Democrats Urge SCOTUS to Deny Stay of Deutsche Bank Subpoenas on Trump Records
(DBN)

DOJ inspector general: No one who touched FISA process should feel "vindicated" We Just Got a Rare Look at National Security Surveillance. It Was Ugly FBI Botched the Trump Investigation
(DBN)

Senate Republicans defend FBI director after Trump lashes out
(DBN)

Former FBI lawyer sues over disclosure of her texts criticizing Trump and discussing personal matters
(DBN)

House asks Supreme Court not to delay access to Trump's financial records, citing threat to 2020 elections
(DBN)

Appeals court to rehear arguments in Trump hotel lawsuit
(DBN)

For Second Time This Week, Judge Blocks Trump's Use of Military Funds to Build Border Wall
(DBN)

ICE arrests plummet amid sanctuary cities, border diversion ICE deported thousands of family members, minors as overall arrests dropped House passes bill to establish path to citizenship for undocumented farmworkers
(DBN)

Lawyer who told BigLaw attorneys to ‘eat a bowl of d----' faces possible sanctions And What Will You Eat In Settlement Negotiations?
(DBN)

Why It Is Difficult To Achieve Civility In The Legal Profession
(DBN)

America’s weak gun laws enable shootings by terrorists and extremists
(DBN)

Global #MeToo movement has resulted in 6 convictions, 5 charges of influential figures Harvey Weinstein accusers reach tentative $25 million settlement Insurers Paying $25M to Settle Harvey Weinstein Sex Abuse Claims Weinstein reaches $47-million settlement with accusers and creditors Attorneys for alleged Weinstein victim reject tentative settlement Judge raises Harvey Weinstein's bail after court hearing Harvey Weinstein bail increased over ankle bracelet issues Weinstein settlement deal with accusers prompts mixed reactions Harvey Weinstein Proposed $25M Settlement “Appalling,” Says Lawyer; Producer Could Get Millions Intended For Victims Time’s Up Criticizes ‘Flawed’ Weinstein Settlement
(DBN)

Trump’s executive order on campus anti-Semitism, explained
(DBN)

Pentagon halts operational training for Saudi military students after Pensacola shooting
(DBN)

Suspects in Horrific Jersey City Shooting Have Been Identified One of the Jersey City Shooting Suspects Made Anti-Semitic, Anti-Police Posts: Report Were Prime Suspects in Other Homicide Jersey City shooting: Video shows moment suspects open fire on kosher market Jersey City kosher market shooting rattles tight-knit Orthodox community Police sent to protect Jewish neighborhoods in New Jersey after deadly gun battle in kosher market
(DBN)

Man charged with capital murder after confessing to strangling his grandmother and great-grandmother
(DBN)

Sandy Hook lawsuit against gunmaker set to go to trial in 2021
(DBN)

Swastika, Confederate flags on display near Iowa elementary school 'sickens' school officials
(DBN)

Krispy Kreme Owners Donate $5M to Holocaust Survivors Over Nazi Past
(DBN)

Former bank robber is sworn in as lawyer - by the same judge who sent him to prison
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Judges:

Temporary Assignment of Bankruptcy Judges to the Middle and Eastern Districts of Louisiana
(DBN)

Chief Judge John W. Kolwe temporarily assigned to the Eastern District of Louisiana
(DBN)

A reception to honor Judge Marci B. McIvor on her retirement from the US Bankruptcy Court for the Eastern District of Michigan
(DBN)

Judge faces salacious allegations of courthouse sex, a threesome request and courthouse drinking
(DBN)

Judge Throws The Book At Defendant, Defendant Throws Water Pitcher At Judge
(DBN)

Conservatives Arguing For Supreme Court Term Limits — Watch Democrats Somehow Screw This Up
(DBN)

Trump Fills 50th Appeals Court Seat With ‘Unqualified’ Pick
(DBN)

The Supreme Court majority should resist the temptation to expand the Second Amendment
(DBN)

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Wall Street:

US stock futures point to a slightly higher open ahead of Trump meeting with top trade advisors
(DBN)

Global shares mixed as Fed leaves rates unchanged
(DBN)

Stocks record small gains following Fed announcement
(DBN)

As economy booms, Wall Street bonuses shrink
(DBN)

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Layoffs:

NIO lays off 141 employees
(DBN)

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Retailing:

The rise and fall of Sears is the perfect symbol of retail's challenges over the last decade
(DBN)

Video of Sears shoplifters running off with armloads of clothes goes viral
(DBN)

American Eagle is falling into one of retail's most dangerous traps as it reports 'softer demand' for its clothes
(DBN)

It’s the last Christmas for some Forever 21 stores. Here’s why the retailer went bankrupt Why Forever 21 failed abroad
(DBN)

Can Bergdorf Goodman Win the Barneys Race?
(DBN)

At Home Group: Lit Fuse On A Financial Time Bomb
(DBN)

Will Retailer Bankruptcies Have a Negative Impact on Warehouse Sector?
(DBN)

GameStop's year gets bleaker as comps plunge 23%
(DBN)

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Aviation:

The FAA said the Boeing 737 Max had a high risk of crashing, but let the plane continue flying anyway FAA Administrator Dickson pressed on agency's prediction of 737 Max crashes The FAA Knew FAA analysis predicted many more Boeing Max crashes without a fix
(DBN)

FAA won’t rule out fining Boeing over 737 Max safety disclosures
(DBN)

Boeing's Timeline on 737 Max Return Foiled Again
(DBN)

Southwest reaches deal with Boeing over 737 Max
(DBN)

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Autos:

Reagor Dykes bankruptcy continues, U.S. Trustee asks to convert case
(DBN)

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Economy:

FOMC Projections and Press Conference Fed Decision: Interest rates left unchanged, indicates no changes through 2020 FOMC Statement: No Change to Policy Fed Chair Powell says he would want to see persistent rise in inflation before hiking rates again Here’s what changed in the new Fed statement
(DBN)

Fed in focus as worries mount over a year-end repo market flare-up
(DBN)

Cleveland Fed: Key Measures Show Inflation Above 2% YoY in November, Core PCE below 2% BLS: CPI increased 0.3% in November, Core CPI increased 0.2%
(DBN)

Gundlach Lowers Recession Risk Odds, Warns on Credit Market
(DBN)

‘Hold the epitaphs’—why this aging economic cycle may have another year left
(DBN)

Trump sending Jared Kushner to Mexico in final stage of USMCA trade talks Trump son-in-law Jared Kushner takes a bigger role in China trade talks China: envoys in 'close communication' ahead of US deadline High-stakes White House meeting is expected Thursday to debate US-China tariffs US-China Tariffs: Billions Lost in Consumption
(DBN)

NAFTA 2.0 is Almost the Same as NAFTA
(DBN)

Months before he died, Volcker ripped into Trump and 'nihilistic forces' undermining confidence in USA
(DBN)

How robots are transforming Amazon warehouse jobs — for better and worse
(DBN)

As Gig Economy Grows, Workers are Fed Up
(DBN)

The Nobel went to economists who changed how we help the poor. But some critics oppose their big idea.
(DBN)

2 million federal workers are poised to get paid parental leave for the first time ever
(DBN)

Disney Sued for Failing to Pay Living Wage: Employees 'Live in Cars'
(DBN)

Trump's border barrier a possible obstacle as Congress faces government shutdown deadline
(DBN)

Elizabeth Warren’s wealth tax would raise $1 trillion less than she estimates, Wharton study shows
(DBN)

Jeff Bezos named businessperson of the decade by global finance chiefs
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

Fears of a slowdown in the US housing market are mounting — and Home Depot just slashed its 2020 sales outlook
(DBN)

This new trend in house selling could cast a cloud over America’s property market
(DBN)

The 22 American cities with the most million-dollar homes
(DBN)

13 mind-blowing facts that show just how expensive San Francisco really is
(DBN)

Cash-Out Refinances Increase in 3Q 2019
(DBN)

The 13 US states where it's easiest to refinance and save money on your mortgage
(DBN)

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Municipalities:

Judge signals litigation over Puerto Rico bonds can proceed
(DBN)

 

Five Years After Detroit’s Bankruptcy, Kevyn Orr Stands By Decisions
(DBN)

Detroit tops list of hard-to-count cities ahead of census The U.S. communities in danger of being overlooked in the 2020 census
(DBN)

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Oil/Gas:

Chevron is writing down as much as $11 billion worth of assets, and it could cost the entire market Chevron charge points to billions more in U.S. gas writedowns - analysts
(DBN)

Private Equity Investment in Oil and Gas through DrillCo Transactions
(DBN)

Natural Gas Boom Fizzles as a U.S. Glut Sinks Profits
(DBN)

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Politics:

The public servants Trump smeared as 'traitors' and 'human scum' are Time magazine's 2019 'Guardians of the Year'
(DBN)

The other report blowing up D.C. The Real Reason Behind Bill Barr’s ‘Crackpot’ Theory On The Inspector General Report Inspector General Horowitz ‘Surprised’ by John Durham’s Statement on FISA Report Key takeaways from the Michael Horowitz hearing DOJ's Watchdog on Barr: 'He's Free to Have His Opinion. We Have Our Finding'
(DBN)

Louie Gohmert Publicly Identifies the Whistleblower
(DBN)

USA Today Editorial Board: Impeach
(DBN)

DOJ Inspector General Investigating Giuliani and FBI Over 2016 Election Interference
(DBN)

Buttigieg Slips, While Biden And Sanders Gain In Primary, Quinnipiac University National Poll Finds; Slightly More Than Half Of Voters Say Don't Impeach Trump
(DBN)

On campaign trail, Biden facing repeated questions about his son's overseas business dealings
(DBN)

How Elizabeth Warren should deal with charges of hypocrisy
(DBN)

Voters Narrowly Agree That Congress Is Responsible for Holding Trump Accountable
(DBN)

Bloomberg calls for ‘war on poverty’ on 1st California trip Mike Bloomberg gives $10 million to help endangered House Democrats
(DBN)

IA: Trump Leads Democrats in Early Polling
(DBN)

Trump video shows him as 'Avengers' villain Thanos, who commits genocide
(DBN)

Trump went on a Twitter tear and posted more than 60 times in 3 hours to rage about impeachment and the FBI Joe Manchin says he's torn on voting to convict Trump in Senate trial Watergate prosecutors: Trump should be impeached Bill Clinton weighs in on Trump impeachment: Congress 'doing their job' Whistleblower's team preparing for possibility of Senate testimony Trump, allies aim to delegitimize impeachment from the start
(DBN)

Wallace Hits Trump for Assaults on the Media
(DBN)

A day of history accentuates America's divide and the distortions of truth in the Trump era
(DBN)

Trump’s speech in Hershey revealed a presidency off the rails
(DBN)

Republican blocks election-meddling bill
(DBN)

Vexed Voters: 8 In 10 Americans Say Politics Are Biggest Source Of Stress In Life
(DBN)

Trump: Macron is a Pain in the Ass
(DBN)

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Personal Finance:

11 habits that can make you lose respect at work
(DBN)

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Utilities:

PG&E Judge Skeptical as Bondholders Demand Higher Interest Rate
(DBN)

PG&E settlement likely end to bondholder plan and zero stock price, Citi says
(DBN)

FEMA seeking billions in PG&E settlement with wildfire victims
(DBN)

PG&E diverted millions from putting lines underground, audit finds
(DBN)

Pimco, Elliott Group Press Newsom to Reject PG&E’s Restructuring Plan
(DBN)

90% of Bay Area residents want to end PG&E's existing operations, poll finds
(DBN)

PG&E Using Huge Heli-Saws To Trim Trees From Power Lines In Wildfire Country
(DBN)

Lower Interest Rate Could Save PG&E $500M in Bankruptcy
(DBN)

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Autos:

GM's former president is now running the self-driving-car company Cruise. He says it's time to move past the automobile.
(DBN)

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Healthcare:

Republican satisfaction with health care costs surges under Trump
(DBN)

More Americans are dying at home than in hospitals
(DBN)

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Climate:

The Climate Crisis Is Now So Bad That Even the Arctic Is Emitting Pollution The Arctic may have crossed key threshold, emitting billions of tons of carbon into the air, in a long-dreaded climate feedback
(DBN)

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Newspapers:

Recent moves by Pittsburgh Post-Gazette management have led to a shrinking and increasingly chaotic newsroom. Can the P-G survive?
(DBN)

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New Bankruptcy Opinions
(5 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 (9 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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Bankruptcy Statistics:

BK ED LA: Update Filing Statistics
(DBN)

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Absolute Priority:

Corporate Restructuring under Relative and Absolute Priority Default Rules: A Comparative Assessment
(DBN)

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Arbitration:

Arbitration Award in Favor of Subsidiary Precludes Subsequent Litigation Against Parent
(DBN)

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UCC:

UCC Requirements for Describing Collateral in Financing Statements – REDUX
(DBN)

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Corporate Governance:

Corporate Governance and Corporate Agility
(DBN)

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CDS:

Thomas Cook CDS: When Does a Corporate Debt Reorganization Amount to a Bankruptcy Credit Event?
(DBN)

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Fraud:

The Securities and Exchange Commission wants bad guys to know: ‘We’re watching’
(DBN)

Treasury staffer resigns after mother's guilty plea in college admissions scandal
(DBN)

High Court Seeks U.S. Input on $3 Billion Bid by Madoff Trustee
(DBN)

Baldwin, Wis., coin broker sentenced for Ponzi scheme targeting elderly
(DBN)

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Student Debt:

New Docs Show Betsy DeVos Completely Ignored Recommendations from DOE Officials
(DBN)

Revised loan forgiveness program to exclude students of now-defunct for-profit schools
(DBN)

Former Students Of Bankrupt For-Profit Schools Complain Education Department Is Not Forgiving Their Loans
(DBN)

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Religion:

The Vatican is using donations for the poor to fight its budget deficit, report says Only a tenth of Vatican donations directed to charity
(DBN)

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Private Equity:

First Circuit Rules that Private Equity Funds Not Liable for Portfolio Company’s Multiemployer Plan Withdrawal Liability
(DBN)

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Trucking:

Celadon Bankruptcy Strands Truckers, Leaves Thousands Jobless
(DBN)

FreightWaves job board rapidly gains steam in wake of Celadon bankruptcy
(DBN)

Celadon bankruptcy biggest of nearly 800 truck company failures this year
(DBN)

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Travel:

The debate over reclining plane seats never seems to end. Blame airlines.
(DBN)

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Pharma:

Home Depot ties opioid crisis to recent surge in store theft
(DBN)

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Celebs:

Former Geordie Shore and Celebrity Big Brother winner Scotty T has been declared bankrupt
(DBN)

What Gigi and Bella Hadid Think of Dad Mohamed Hadid’s $100 Million Bankruptcy Nightmare
(DBN)

Katie Price blows thousands of dollars on designer clothes in New York after vowing bankruptcy ‘won’t ruin Christmas’
(DBN)

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Asset Protection:

Protection from tax liens: The crucial importance of timing when protecting assets from creditors
(DBN)

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Building Materials:

New York Granite files for bankruptcy on heels of founder’s liquidation
(DBN)

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Food/Beverage:

Dean Foods’ Sleepless, Angry Shareholders Turn to Court for Help
(DBN)

Save-A-Lot hires consulting firm to help it prepare for sale
(DBN)

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UK:

What impact does the General Election have on the proposed return of Crown preference?
(DBN)

Leaders scramble for final votes as UK’s ugly election ends Boris Johnson 'hides in a fridge' to avoid Piers Morgan interview General Election 2019 latest news: Latest poll shows Labour up two points
(DBN)

UK voters head to the polls as Brexit’s destiny hangs in the balance
(DBN)

Whoever Wins in Britain's Election, Big Government Spending Is Back
(DBN)

Thomas Cook Brand Poised for Relaunch Next Year by Chinese Owner
(DBN)

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EU:

Christine Lagarde faces her first real test at ECB debut meeting
(DBN)

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Canada:

Strategic Group puts 50 Calgary properties, with $650M in mortgages, under creditor protection
(DBN)

Ontario Court of Appeal Confirms Pre-Filing Debts May Be Paid in Proposal Proceeding to Ensure Continued Critical Supply
(DBN)

Court sides with bank staffer who says he was denied promotion because he’s not gay
(DBN)

In Canada, relief at a North American trade deal, but concerns for the dairy and aluminum industries
(DBN)

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MENA:

How Lebanese Default Would Play Out
(DBN)

Israel heads for third elections with Netanyahu weakened by indictments
(DBN)

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India:

UK High Court reserves judgment in Vijay Mallya's bankruptcy case till early 2020
(DBN)

Cabinet clears amendments to insolvency law
(DBN)

10 Things To Know About Latest Amendments To Insolvency And Bankruptcy Code (IBC)
(DBN)

How the Union Cabinet’s move to strengthen IBC is a game changer
(DBN)

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Argentina:

Argentina's largest province says can't afford to pay debts Argentina Local-Law Bondholders Brace for Painful Restructuring
(DBN)

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