December 30, 2019

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Due to the New Year's Day holiday, The Daily Bankruptcy News will not publish on Tues. - Weds. Dec. 31, 2019 - January 1, 2020

Law:

Biglaw Firm’s Death By A Thousand Cuts
(DBN)

Firm Makes Up BS Cover Story About Shafting Attorneys On Technology Stipends
(DBN)

From Innovation to Expansion, Midsize Firms Thought Big in 2019
(DBN)

Law Firm Collapses, Exit Strategies and Mounting Pressure: The Year in Insight and Analysis
(DBN)

George Conway Says Trump's Twitter Dump Including Conspiracy About Nancy Pelosi's Son Is Ploy to Be Ruled Unfit for Impeachment Trial
(DBN)

The lawyer who shaped Boeing's response to the 737 Max crisis announced his retirement just 3 days after CEO Dennis Muilenburg was fired • Boeing Says Key Legal Adviser on 737 Max Crisis Will Retire
(DBN)

Trump's 2019 Court Tab: All the Major Losses, and a Few Big Wins
(DBN)

At least 5 people have reportedly been stabbed at a rabbi's home in Monsey, New York • Knife-wielding man swung at 'everyone he could' at rabbi's New York home, witness says • Black man, 37, is arrested for 'storming into a rabbi's home with a machete and stabbing five people' during a Hanukkah party in an 'act of domestic terrorism' amid a surge in anti-Semitic attacks • 5 People Stabbed at Rabbi's Home in New York State -- What to Know • Bail reform is setting suspects free after string of anti-Semitic attacks • Will American Jews finally get hint about dangers they face? • NYPD Investigating 9th Anti-Semitic Attack Reported This Week • Acts of anti-Semitism on rise in New York and elsewhere, rattling communities • Witness describes confronting suspect at Hanukkah celebration • Anti-Semitic graffiti found daubed throughout North London neighborhoods • Some Democrats urge Trump to more strongly condemn anti-Semitism in wake of attack • The suspect in the stabbing attack in a rabbi's home pled not guilty to all charges. Here's what we know about him so far • The New York machete attack is part of an 'epidemic' of anti-Semitic incidents • Witnesses say the attacker had a machete 'the size of a broomstick' • Bernie Sanders warns against religious bigotry hours after Hasidic Jews are stabbed in N.Y.
(DBN)

A New York Times column exploring why 'Jews are smart' is prompting heavy criticism and canceled subscriptions • The New York Times defends its decision to publish a controversial op-ed exploring why 'Jews are smart'
(DBN)

Texas church shooting leaves two dead, one critically wounded, authorities say • What We Know About That Church Shooting • Live-streamed on YOUTUBE • Gunman Shot Dead By Church Member
(DBN)

Kellyanne Conway Violated the Hatch Act 60 Times, Ethics Watchdog Claims in New Lawsuit
(DBN)

Bill Barr Thinks America's Going to Hell
(DBN)

After ICE Raids, a Reckoning in Mississippi’s Chicken Country
(DBN)

Eight Species at Risk of Extinction in Arizona Due to Trump's Border Wall Construction
(DBN)

California Gave Billions in Taxpayer Dollars to Improve Jails. But That’s Not How These Sheriffs Are Spending It.
(DBN)

You might want to think twice before writing 'thank you' at the end of a business email
(DBN)

Deputy tases woman, 70, three times while trying to make arrest
(DBN)

Man who made 27,000 crosses for shooting victims is retiring • Mass killings in US hit record high in 2019
(DBN)

Varsity Blues and Bleeped-Out Counsel: Lawyers Behaving Badly in 2019
(DBN)

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Judges:

Biden Open To Nominating Obama For Supreme Court
(DBN)

Left presses 2020 Democrats to retake the courts from Trump
(DBN)

The Fifth Circuit Is A Model For The Conservative Takeover
(DBN)

Endangered Sen. Susan Collins Targeted for Supporting Trump's Anti-Obamacare Judges
(DBN)

John Paul Stevens: SCOTUS' Pessimist
(DBN)

Federal appeals court says judge in ISIS case gave 'shockingly' low prison sentence to man who attempted to kill FBI agent
(DBN)

How judicial conflicts of interest are denying poor Texans their right to an effective lawyer
(DBN)

The Supreme Court's Past Decade Could Be Liberals' Last Gasp
(DBN)

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Wall Street:

Dow futures are little changed as stocks attempt to extend year-end rally
(DBN)

Dow climbs nearly 75 points on gains for Boeing, Nike shares
(DBN)

Stocks head into 2020 betting on Trump election victory
(DBN)

Trump's stock market rally is very good, but still lags Obama and Clinton
(DBN)

The stock market boom may just be getting started, with Citi seeing 90% odds that equities will rip higher in 2020
(DBN)

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Layoffs:

Western KY mine issues WARN notice; hundreds to be laid off
(DBN)

Microchip Technology cutting 200 to 275 jobs
(DBN)

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Retailing:

Barneys is ‘massively’ insolvent, still owes vendors millions: court docs
(DBN)

Barneys Ends Online Sales as It Prepares for New Ownership
(DBN)

Mastercard: Holiday sales up 3.4%, fueled by big online increase
(DBN)

The bankruptcies that rocked the retail industry in 2019
(DBN)

These department stores once thrived a decade ago but have since disappeared • Retailers lost in the last decade: Toys R Us, Sports Authority, Blockbuster, Borders and Payless
(DBN)

Die Another Day: How Some Failed or Bankrupt Retailers Are Coming Back to Life
(DBN)

Michaels shares surge 32% after company names Walmart executive as new CEO in leadership shuffle
(DBN)

UPS forecasts record 1.9 million returns on National Returns Day
(DBN)

Experts reveal their biggest predictions for how retail will change in 2020
(DBN)

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Mail:

Post Office Could be Privatized in 2020
(DBN)

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Religion:

Hundreds of accused clergy left off church's sex abuse lists
(DBN)

Diocese challenges law allowing more time to file abuse suit
(DBN)

Cardinal ousted on sex abuse claims gave $600,000 to fellow clerics, including 2 popes, report says
(DBN)

West Virginia bishop's costly tastes went beyond opulent home
(DBN)

Alleged abuse victim accused of killing priest by ramming crucifix down his throat
(DBN)

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Transit:

SuperShuttle airport transport van service to go out of business at year-end
(DBN)

How traffic jams end up costing the US economy billions of dollars
(DBN)

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Banking:

December 2019: Unofficial Problem Bank list increased to 67 Institutions
(DBN)

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Hotels:

Hotels: Occupancy Rate Increased Year-over-year
(DBN)

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Utilities:

PG&E fire victims must file claim by Dec. 31
(DBN)

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Coal:

Coal bankruptcies dominate headlines in 2019
(DBN)

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Autos:

Auto industry facing major questions after a decade of corruption and upheaval
(DBN)

Tesla delivers first cars made at China gigafactory
(DBN)

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Tech:

Zuckerberg's personal wealth rose by $27 billion this year
(DBN)

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Economy:

U.S. jobless claims sink for second straight week after a steep increase in early December
(DBN)

U.S. consumers will keep the economy humming through 2020
(DBN)

That $250 Trillion Burden Weighing on the Global Economy
(DBN)

2020 may be the year when the ‘largest, broadest and fastest’ wave of debt crashes over the global economy. You have been warned
(DBN)

The Decade of Debt: big deals, bigger risk
(DBN)

The decade of the very poor and the super rich
(DBN)

The Bedrock of Ultra-Low Yields Is at Risk
(DBN)

America Turns From Tea Party To MMT In A Decade
(DBN)

Why It's A Big Problem That Economists Still Don't Understand Money
(DBN)

Say Goodbye to Banking as We Know It
(DBN)

U.S. companies are forcing workers to train their own foreign replacements
(DBN)

Ready for Phase 2 of US China Trade War • Trump Trade Wars Hurt More Than Helped • Fed Study: Trump Tariffs Backfired • Fed study: Tariffs have hurt manufacturing employment and increased prices • Trump’s Trade Wars Expose An Abiding Truth
(DBN)

EU Wants Reset in US Trade Talks
(DBN)

15 jobs no one knew about in 2010 that everyone will want in 2020
(DBN)

The 10 most dangerous jobs in America
(DBN)

Imagining a World Without Capitalism
(DBN)

Recession, robots and rockets: another roaring 20s for world markets?
(DBN)

US Cities Are Leaving Rural Areas Behind
(DBN)

The 2010s Were an Economic Tragedy • The Decade Was an Economic Disaster
(DBN)

Trump Signs EO Giving Federal Workers Raise • A government shutdown and the biggest raise in a decade: How Trump gave federal workers whiplash in 2019 • Trade talks between U.S., China mask threat of a divorce
(DBN)

Top 10 Key Credit Events of 2019
(DBN)

Elon Musk Dismisses Induced Demand, A Phenomenon First Witnessed In 1866
(DBN)

Here's what putting US$10,000 in these assets would have returned in 2019
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

Democrats Seek To Outlaw Suburban, Single-Family House Zoning, Calling It Racist And Bad For The Environment
(DBN)

These were the hottest neighborhoods of 2019
(DBN)

USMCA trade deal may ease housing shortage
(DBN)

New California law to require solar panels on new construction
(DBN)

____________

Municipalities:

Paul Hastings to Net $8 Million for Puerto Rico Bankruptcy Work
(DBN)

Detroit CFO Dave Massaron: Five years after bankruptcy, city goes from insolvency to socking away cash
(DBN)

When the Ultimate Refuge Turns Risky
(DBN)

Hilltop's Kozlik 'Cautious' on State, Local Government Debt
(DBN)

'Aloha' Increasingly Means Goodbye Thanks to High Taxes
(DBN)

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Oil/Gas:

2020: The Year Of The Oil Bankruptcies
(DBN)

As Shale Wells Age, Gap Between Forecasts and Performance Grows
(DBN)

Permian Basin leads decline in U.S. oil and gas rig count
(DBN)

America's Shale Oil Boom and Bust
(DBN)

How Big Oil Avoids Accountability
(DBN)

____________

Politics:

How Elizabeth Warren's Bankruptcy Research Sparked Her Progressive Politics
(DBN)

Veteran political observer picks Buttigieg to win it all next year • Pete Buttigieg is satisfactory to just 27% of black Democrats, a terrible number for an ostensible frontrunner • Buttigieg calls Biden's Iraq War vote "worst foreign policy decision of my lifetime" • Mayor Pete calls for decriminalization of all drugs
(DBN)

What Buttigieg and Warren are really fighting about
(DBN)

Poll: Black Americans motivated by Trump to vote in 2020
(DBN)

Pelosi gets under Trump's skin on impeachment • 'Trump is powerless': House Speaker Nancy Pelosi is doing to the president what no one else has in the 3 years since he took office Joe Biden says he won't testify in Trump impeachment trial • Joe Biden walks back his remarks about defying a congressional subpoena, but adds he is 'not going to pretend' that it isn't a Republican-led stunt • Warren: 'If there's a lawful order for a subpoena, I assume' Biden would comply • The Impeachment's Unanswered Questions • GOP Senator John Kennedy Says He'll 'Keep an Open Mind' and Be 'Fair to Both Sides' in Senate Trial of Trump • Democratic defector? Sen. Jones could break with his party to back Trump at Senate trial.
(DBN)

Behind the Ukrai ne Aid Freeze Scandal • Trump's secret plan to pressure Ukraine reportedly pitted administration officials against each other • Trump faces blowback for outing the alleged whistleblower
(DBN)

GOP Wants Nothing to Do with Crazy Rudy
(DBN)

GOP senator says he doesn't think Trump "as a person" is a role model for kids
(DBN)

Former Acting U.S. Solicitor General Rips McConnell: 'In This Country, We Have Real Trials with Witnesses'
(DBN)

Trump's lawyer and the Venezuelan president: How Giuliani got involved in back-channel talks with Maduro
(DBN)

Elizabeth Warren's campaign is 30% behind in quarterly fundraising 4 days before deadline • As Elizabeth Warren visits San Jose, her campaign warns of underwhelming fundraising
(DBN)

Krugman: Big Money and America’s Lost Decade
(DBN)

Trump supported Michael Moore prediction that the president's 'voracious' supporters would defeat a centrist Democrat in 2020
(DBN)

‘Nothing Less Than a Civil War’: These White Voters on the Far Right See Doom Without Trump
(DBN)

Trump just retweeted a 'QAnon' conspiracy-theory hashtag to his 68 million followers
(DBN)

Democrats need to accept these 3 truths to beat Trump in 2020
(DBN)

Miami megachurch with controversial pastor to host Trump's evangelical rally
(DBN)

Trump Has Spent Millions More of the Public's Money Golfing in Three Years Than Obama Did in Eight
(DBN)

Fox News host apologizes for describing removal of Trump's 'Home Alone 2' cameo as 'censorship'
(DBN)

The Democratic candidates whose supporters are most pro-impeachment are not who you expect
(DBN)

‘We have the resources’: Democratic presidential candidates propose trillions in spending amid debate over what’s doable
(DBN)

Navy SEAL slams Trump for pardoning Eddie Gallagher: 'Shooting civilians and executing prisoners shouldn't be' political • 'The guy is freaking evil': New York Times releases explosive video of Navy SEALs talking about SEAL who was accused of war crimes • National security adviser O'Brien defends Trump's handling of Edward Gallagher case • We shouldn't forget what whistleblower SEALs told us about Eddie Gallagher
(DBN)

Science Under Attacks in America
(DBN)

Disinformation in the Age of Trump • Americans may be "numb" to Trump's "15,000 false or misleading claims"
(DBN)

The Worst Political Predictions of 2019
(DBN)

____________

Travel:

Virgin Atlantic will upgrade the oldest passenger on every flight for the rest of 2019
(DBN)

____________

Biotech:

Former New Haven drugmaker seeks bankruptcy protection
(DBN)

____________

New Bankruptcy Opinions
(3 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (23 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (71 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)

______________

Litigation:

Don’t Panic!
(DBN)

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Arbitration:

Federal Court Upholds Client’s Arbitration Agreement, Finds It Is Enforceable and Not in Conflict with Bankruptcy Code
(DBN)

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Corporate Governance:

Chancery Analyzes Standard of “Commercially Reasonable Efforts”
(DBN)

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Trustees:

BK ND TX Seeks Ch. 7 Trustee
(DBN)

____________

Labor:

America's most influential flight attendant helped end the longest government shutdown. Now she's on a mission to revive unions — and she tells us why labor rights will define the next generation.
(DBN)

The massive GM strike is a perfect example of our political moment and a harbinger of the coming battles between labor and corporations
(DBN)

____________

Healthcare:

Angioplasty, $32,000 Here, $6,400 Elsewhere
(DBN)

Seattle Schoolchildren Told to Get Vaccinated or Don't Return to Class in 2020 as America Deals with Measles Crisis
(DBN)

Chicago Psychiatric Hospital Will Lose Federal Money, and Its License Is Threatened After Allegations of Abuse
(DBN)

____________

Climate:

Your electric car and vegetarian diet are pointless virtue signaling in the fight against climate change
(DBN)

Dining out, dessert and booze may be worse for climate change than meat
(DBN)

Town faces the choice of moving or dying as climate change worsens flood risks
(DBN)

On land, Australia's rising heat is 'apocalyptic.' In the ocean, it's even worse.
(DBN)

Thousands evacuate as "columns of fire" threaten Aussie tourist spot
(DBN)

Sucking C02 Out of the Atmosphere
(DBN)

____________

Personal Finance:

70% of American investors wish they’d handled money differently in 2019 — here’s their No. 1 regret
(DBN)

How to get a job often comes down to one elite personal asset, and many people still don’t realize it
(DBN)

The 10 US cities where $1 million runs out fastest in retirement
(DBN)

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Student Debt:

600,000 student loan borrowers getting nowhere
(DBN)

____________

E-Cigarettes:

A lawyer who sued 4 major US tobacco firms and is taking Juul to court says the e-cigarette giant is 'irredeemably evil'
(DBN)

____________

Crypto:

Top cryptocurrency scams of 2019 – and how most hackers got away with it
(DBN)

____________

Footwear:

Toms Ownership to Be Taken Over By Creditors • TOMS Shoes creditors to take over the company
(DBN)

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Agribusiness:

Here’s The Crushing Truth About American Farmers Under Trump’s Trade War
(DBN)

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Newspapers:

California newspaper ends print publication after 161 years
(DBN)

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Hedge Funds:

Hedge Funds to Record More Closures Than Launches for Fifth Straight Year
(DBN)

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Soccer:

Catania on verge of bankruptcy
(DBN)

____________

UK:

Making the Best of a Bad Brexit
(DBN)

More than 5,000 members of anti-Islam group join U.K.'s Conservative Party
(DBN)

U.K. Farmers Get $3.8 Billion Over Two Years to Offset EU Exit
(DBN)

One in three Scots firms at ‘elevated’ risk of insolvency
(DBN)

____________

PIIGS:

Monte Paschi Cuts Bad-Loan Pile Further With $2 Billion Sale
(DBN)

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Canada:

Kenora Forest Products up for sale: parent company in bankruptcy proceedings
(DBN)

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France:

French Unions Keep Pressure on Macron With New Round of Protests
(DBN)

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Nigeria:

Nigeria risks bankruptcy over rising debt • Obasanjo’s fears of mounting jumbo debts and repayment agonies
(DBN)

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Singapore:

Hyflux investor invites noteholders, unsecured creditors to offer debt at minimum 85% discount • Potential buyer eyes some Hyflux debt at minimum 85% discount • Aqua Munda looking to buy over some of Hyflux's creditors' debts at minimum 85% discount
(DBN)

____________

Venezuela:

Giuliani held phone call with Maduro amid crisis • Rudy Giuliani reportedly defied White House policy to make a backchannel call to oust Venezuela's President Maduro from office
(DBN)

Blackwater founder Erik Prince held secret talks with top Venezuelan official
(DBN)

____________

Vietnam:

The Next China? Vietnam Looks Good Only on Paper
(DBN)

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