December 6, 2019

The Daily Bankruptcy News

View prior editions: Click Here
View prior case summaries: Click Here
Search prior headlines: Click Here
Search prior case summaries: Click Here

Format For Mobile Device



Law:

The Best Biglaw Firms — According To General Counsel
(DBN)

Collective Action Bid Ups the Ante in Jones Day Associates' Gender Bias Case Jones Day Women Say Pay Act Claims Should Proceed Collectively
(DBN)

Big Law Isn’t Being Disrupted Like TV, So Give Thanks
(DBN)

Latest figures show why many law grads struggle with debt
(DBN)

The Disappearing Rural Lawyer
(DBN)

Drinker Biddle Adds Corporate Restructuring Partner Keith Costa in New York
(DBN)

ABA Looks to Clean Up Process Surrounding Lateral Moves
(DBN)

'Upset' and 'incensed': leaked report reveals bungling and blame game at Baker McKenzie
(DBN)

Kissing victim felt 'cast aside' by Baker McKenzie
(DBN)

'Evacuate now, bill later,' firm tells lawyers during terrorist attack
(DBN)

Surge in SPAC Listings Offers Big Business to Select Law Firms
(DBN)

Boies and Pottinger Open Up About That New York Times Article
(DBN)

So… Do You Really Have To Pass The Bar Exam?
(DBN)

Law School Professor Shares What He Learned About Misogyny From An Afternoon On Twitter
(DBN)

House Republicans try to put law schools on trial as part of their Trump impeachment defense
(DBN)

Demands Made To Remove Jonathan Turley As Law School Professor After Impeachment Testimony
(DBN)

Small-Firm Lawyer Tells Biglaw Team To ‘Eat Bowl Of D----’ During Settlement Negotiations
(DBN)

The Reverse Course Career Plan: What It’s Like To Have A Child In Law School
(DBN)

Republicans So Incensed By Pam Karlan They’re Going To Name Barron Trump ‘Archduke Of Manhattan’
(DBN)

Trump's wall begins to take shape GoFundMe Border Wall Toppled By Swarm Of Furious Butterflies
(DBN)

Ex-Playboy model who alleged affair with Trump sues Fox News for defamation
(DBN)

Trump asks Supreme Court to hear arguments in fight with Congress over his financial records Trump's Lawyers Make Their Case at SCOTUS to Keep Financial Records Secret
(DBN)

DOJ Says Court Can't Order Trump to Keep Records of His Contacts With Foreign Leaders
(DBN)

It doesn’t look like anyone can find evidence that the Trump campaign was set up in Russia probe
(DBN)

I documented every surveillance camera on my way to work in New York City, and it revealed a dystopian reality
(DBN)

Justice Department announces charges, $5 million reward for Russian hackers
(DBN)

Hundreds of lawyers share their own abortion stories with U.S. Supreme Court ahead of landmark case
(DBN)

'Heil Trump' and an anti-gay slur scrawled on a church lead to an unlikely suspect - and a hoax
(DBN)

AG Barr is Clear About Authoritarianism
(DBN)

The President’s Pardon Power May Be Weaker Than It Seems
(DBN)

Elon Musk’s ‘Pedo Guy’ Trial Shows the Depth, Danger of His Own Mythos Why Elon Musk Is Cash Poor (For A Billionaire) In Elon Musk trial, cave rescuer dubbed "pedo guy" describes humiliation Musk Wants Pedo Guy to Apologize to Him
(DBN)

Man Punches Workers Over McDonald's Miscue
(DBN)

Mother Upset With Son’s Haircut Slams Car Into Barber Shop
(DBN)

The global surge in Jew-hatred barely registers in the West
(DBN)

FactCheck: Mexican border state as dangerous as Syria
(DBN)

Department of Homeland Security drops controversial facial recognition plan
(DBN)

Man kills girlfriend's teenage son and daughter after dispute over his smoking in the house, turns gun on himself
(DBN)

Broke Ass Phone had First Amendment right to use its name on sign, appeals court rules
(DBN)

N.J. Attorney Suspended for Assaulting Daughter While Drunk
(DBN)

West Virginia corrections employees suspended for performing Nazi salute in photo
(DBN)

Bill Nye Headed to Trial Against Mickey Mouse
(DBN)

Convicted US Army war criminal Trump released early says he can't get a job 'even at Walmart or Target'
(DBN)

I Worked for Alex Jones. I Regret It.
(DBN)

Glamorous Lawyer 2019 - Round One
(DBN)

Panel calls for Virginia to purge dozens of old racist laws Virginia looks at scrapping defunct, racist laws still on the books
(DBN)

______________

Judges:

This Judge Is Married to the Sheriff. Ethics Complaints Have Piled Up.
(DBN)

Trump Judge Fills Longest-Standing Vacancy in Federal Judiciary After 14 years, eastern North Carolina judgeship gets filled
(DBN)

Alex Kozinski Set to Return to 9th Circuit as Oral Advocate
(DBN)

Judge reprimanded over ‘snobby ass’ email to Washington Post reporter
(DBN)

______________

Wall Street:

US futures higher ahead of November’s jobs report
(DBN)

U.S. stocks shrug off trade deal concerns, close higher
(DBN)

How Trump orchestrates the stock market’s rise whenever momentum wanes
(DBN)

______________

Layoffs:

Court approval: Laid-off Colortree employees to recoup some lost wages
(DBN)

______________

Hotels:

Auction of Tyngsboro hotel postponed after bankruptcy filing
(DBN)

____________

Religion:

In Fulton Sheen case, Rochester diocese might be bankrupt again
(DBN)

____________

Student Debt:

Senator: Pay Off Your Student Loans With Your 401k
(DBN)

Trump seeks plan to tackle student debt
(DBN)

Betsy DeVos: Here’s My New Plan For Your Student Loans
(DBN)

____________

Climate:

California Bans Insurers From Dropping Policies Made Riskier by Climate Change
(DBN)

The current decade will go down in history as the Earth's warmest
(DBN)

Arctic Warming Faster Than Rest of World
(DBN)

Climate Change Models Were Right About Global Warming 30 years Ago—Including That of NASA Scientist James Hansen
(DBN)

Winter Storm and Arctic Air Blast Could Hit Midwest, With Risk of Flooding in the Northeast
(DBN)

____________

Telecoms:

Windstream asks federal bankruptcy court to extend Chapter 11 protection until late 2020
(DBN)

US court approves GCX restructuring plan
(DBN)

____________

Taxis:

Uber disclosed 3,000 sexual assaults in U.S. rides last year in its long-awaited safety report
(DBN)

____________


Economy:

Weekly Initial Unemployment Claims decrease to 203,000
(DBN)

Closings (and Cannabis) Contribute to Most Job Cuts Since 2015
(DBN)

Fed Keeps Biggest Bubble in History Going
(DBN)

Trade Deficit decreased to $47.2 Billion in October
(DBN)

November Employment Preview
(DBN)

Goldman: November Payrolls Preview
(DBN)

Returning GM Workers Helped Nov. Payrolls
(DBN)

Fed GDPNow latest forecast: 1.5 percent
(DBN)

Elizabeth Warren is preparing a plan to ban mega mergers, allow gig workers to unionize
(DBN)

WTO Top Body to Quit Functioning
(DBN)

President Trump's trade policy seems to have achieved the impossible US, China Argue on Size of Ag Purchases
(DBN)

Why America's 1-Percenters Are Richer Than Europe's
(DBN)

50 Years Ago Income Inequality Was Severe
(DBN)

Despite Job Boom, More Men Are Giving Up On Work
(DBN)

Women 'Will Work Harder for Less Money': Former Oracle Employee Testifies in DOL Suit
(DBN)

How To Stop Elizabeth Warren’s Wealth Tax
(DBN)

America's 25 Dying Industries
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

Mortgage rates hold steady, but economists say don’t expect that to last
(DBN)

____________

Municipalities:

HUD Withholds $18 Billion In Disaster Aid From Puerto Rico, Lawmakers Threaten To Fight Back By Denying Agency Funds
(DBN)

Puerto Rico utility bonds get a boost from Fitch
(DBN)

Judge Gelpí rebukes Puerto Rico government for blaming fiscal board
(DBN)

Detroit's bankruptcy left lives of ordinary residents untouched, author says
(DBN)

____________

Oil/Gas:

Refinery Pushes for Executives to Receive Bonuses Despite Bankruptcy
(DBN)

____________

Food/Beverage:

The Palm goes on sale as its owners squabble
(DBN)

Delivery Only: The Rise Of Restaurants With No Diners As Apps Take Orders
(DBN)

____________

Crypto:

Canadian taxpayers foot bill for bankrupt Bitcoin mining facility
(DBN)

____________

Coal:

Court approves plan for Cloud Peak Energy to exit bankruptcy Cloud Peak bankruptcy plan approved, but uncertainty looms in coal country
(DBN)

Banks Gave $745Bn for New Coal Power Plants
(DBN)

Coal Is Dead, But China Is Reviving It
(DBN)

Can a Coal Town Reinvent Itself?
(DBN)

____________

Pharma:

Tufts Strikes Sackler Name From Campus Tufts removes Sackler name from campus, creates endowment to combat addiction
(DBN)

Doctor among painkiller’s top dispensers is convicted
(DBN)

Judge approves Purdue Pharma $35M bonus plan
(DBN)

____________

Awards:

American College of Bankruptcy Announces Class 31 Inductees
(DBN)

____________

Dairy:

Dean Foods' Bankruptcy Evidence of Consolidation
(DBN)

____________

Utilities:

PG&E Shareholders, Bondholders Battle Over Future of Beleaguered Utility
(DBN)

Growing Group Seeks Local Takeover of PG&E Coalition of elected leaders gains support for PG&E restructuring proposal
(DBN)

____________

Event Facilities:

Oshkosh arena owner seeks to hire second financial adviser to raise new capital for debt restructuring
(DBN)

____________

Politics:

Nancy Pelosi scolded a reporter for asking if she hated the president, then stormed offstage: 'Don't mess with me when it comes to words like that' Nancy Pelosi and that four-letter word Pelosi returns to press conference to address question on whether she hates Trump Pelosi asks House to proceed with articles of impeachment GOP impeachment witness contradicts own previous testimony The Republicans' expert is wrong about bribery Trump Tweets Belated Defense of 'Favor' Comments in Zelenskiy Call Weeks After Releasing Transcript The GOP’s new explanation of why Trump extorted Ukraine Watergate Prosecutor Rejects Claim That Trump Impeachment Is Moving Too Fast: 'There Is Always More Evidence to Get' Author of Trump Impeachment Book Shames GOP Lawyer Who Used Selective Biden Quote: 'It's So Pathetic' Trump to Democrats: 'If you are going to impeach me, do it now, fast' Why Democrats are moving so fast on impeachment Senators face collision of presidential ambition and impeachment trial It's official: The House is moving into a new phase - actual impeachment of Trump Newspaper Burns Devin Nunes to the Ground
(DBN)

Trump's economic message is buried under impeachment news. It's endangering his 2020 strategy.
(DBN)

Did Trump’s freeze on Ukraine aid violate the Impoundment Control Act?
(DBN)

Phone logs in impeachment report renew concern about security of Trump communications
(DBN)

Giuliani in Ukraine as Congress moves closer to impeachment Ukraine lawmaker seeking Biden probe meets with Giuliani in Kyiv Rudy Giuliani Won't Say Why He's in Ukraine and Refuses to Confirm His Location Ukraine lawmaker met Giuliani to discuss misuse of U.S. taxpayer money in Ukraine Rudy Now Driving Trump Aides Nuts GOP Congressman: How It Ends for Crazy Rudy
(DBN)

Trump lost battles on 2 major fronts this week, embarrassing himself on the global stage while on the brink of impeachment back home
(DBN)

The difference between Russia and Ukraine on election meddling
(DBN)

Trump humiliates father-in-law for wearing red cap on golf course
(DBN)

John Kerry endorses Joe Biden Biden calls Iowa voter a 'liar' after he brings up Ukraine Joe Biden tore into an Iowa voter who claimed he sent his son to work in Ukraine, calling him a 'damn liar' and challenging him to a push-up contest Biden says his son's foreign jobs 'may have looked bad' but weren't wrong Joe Biden still needs a better answer on Hunter and Ukraine And Now the Real Joe Biden Appears
(DBN)

Bernie Sanders surges in California primary poll
(DBN)

This ETF should tell you if Elizabeth Warren has a chance in 2020 or not
(DBN)

Buttigieg endorsed by three ex-Obama officials Warren calls on Buttigieg to disclose his McKinsey clients
(DBN)

Americans want a woman to take down Trump. Just not in the election.
(DBN)

The members of Congress departing in 2020
(DBN)

New poll suggests a winning message for Democrats in 2020
(DBN)

Wedding vendors romanticize slave plantations. The Knot and Pinterest will no longer promote them.
(DBN)

Amazon blaming Trump over Pentagon contract loss, judge says
(DBN)

A Year of Protests Sparked Change Around the Globe New world disorder
(DBN)

House Ethics Committee warns Hunter to refrain from voting in light of guilty plea
(DBN)

Ohio Finds 77 Illegal Votes . . . Out of 4.5 Million
(DBN)

___________

 


New Bankruptcy Opinions
(4 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (36 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (3 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)

______________

Bankruptcy Statistics:

ABI spots bankruptcy slowdown in November
(DBN)

November Commercial Chapter 11 Filings Decrease 32 Percent from Previous Year, Total Filings Decrease 5 Percent
(DBN)

______________

UCC:

Seventh Circuit Guidance on Collateral Description in Financing Statements
(DBN)

____________

Constitution:

For Forty Years, the U.S. Supreme Court Has Shunned the Constitution’s Bankruptcies Clause!
(DBN)

____________

Make-Whole:

Fifth Circuit Withdraws Opinion that Make-Whole Constitutes Unmatured Interest in Bankruptcy
(DBN)

The Solvent Debtor Exception Lives . . . Probably: Fifth Circuit Withdraws Controversial Ruling, but Key Holding Remains
(DBN)

____________

Cannabis:

Prohibiting Recourse to Receivership or Bankruptcy for Cannabis Industry Can Perversely Assist Bad Actor’s Continuation of Bad Acts—A Real Life Analogy
(DBN)

____________

Fraud:

From the Jeffrey Epstein scandal to the demise of Elizabeth Holmes' Theranos, these were the biggest billionaire controversies of the 2010s
(DBN)

The real ‘Catch Me If You Can’ con artist says every scam involves these red flags
(DBN)

____________

Retailing:

Caught On Camera: Barneys Employees Brawl With Suspected Shoplifters
(DBN)

Amazon Prime one-day shipping apparently doesn’t mean one-day delivery
(DBN)

Destination Maternity Announces Proposed Stalking Horse Bidder
(DBN)

____________

Healthcare:

How LTC Properties Worked Through Tenant Bankruptcies to See Skilled Nursing Opportunity Ahead
(DBN)

Feds Can't Halt True Health's Ch. 11 Plan For Medicare Dispute
(DBN)

Hospitals Sue to Protect Secret Prices One surprising thing the Trump administration got right on health care
(DBN)

Astria Health continues reorganization process with court approval
(DBN)

Gallup: Americans Still Favor Private Healthcare System
(DBN)

Health care spending grew at a faster rate in 2018
(DBN)

These Brits literally cannot believe how much US health care costs
(DBN)

____________

Telescopes:

Telescope maker Meade files for bankruptcy after losing antitrust case
(DBN)

____________

Insurance:

Patriot National Trustee Seeking $6.2M From Founder
(DBN)

____________

Mass Torts:

Age of Allegations, Balky Insurance Carriers Could Vex Lawyers Filing Sex Abuse Suits
(DBN)

____________

Autos:

New Takata airbag recall triggered, BMW tells owners to park their cars
(DBN)

Carvana: More Trouble Ahead
(DBN)

____________

UK:

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

Bankrupt Katie Price insists she’s NOT losing her house and claims the state of mucky mansion is now ‘a police matter’
(DBN)

Lendy investors could lose a chunk of their £152m as loans they thought were ring-fenced can be used to pay creditors
(DBN)

What are the consequences of taking money from a rent deposit if the tenant company is in administration?
(DBN)

Brexit: A Spectacular Mistake
(DBN)

____________

Canada:

Far from the spotlight, small-town Alberta suffers in upheaval sweeping energy sector
(DBN)

Canadian Government-Assisted Bitcoin Miner Files for Bankruptcy Owing Millions
(DBN)

Cautious Canadian Oil Majors Forced To Cut Spending
(DBN)

____________

MENA:

Lawyer to be charged with graft in new woes for Netanyahu
(DBN)

____________

India:

Five arrested in India after woman is set on fire on her way to court hearing in rape case
(DBN)

____________

China:

Grassley condemns World Bank loans to China amid Uighur detentions
(DBN)

Looming China Default Shines Light on New State Asset Managers
(DBN)

____________

South Africa:

How South African Airways ended up in bankruptcy protection Bankruptcy protection no sure remedy for SAA South African Airways Rescue Hits Snag as Union Demands More Say South Africa Airways Rescue Supremo Faces Long To-Do List SAA cut off to protect other SOEs The future of SAA is now out of government’s hands and firmly in those of the private sector, for better or for worse Who is Les Matuson appointed as Rescue Practitioner by Bankrupt South African Airways?
(DBN)

____________

Australia:

The dangers of trading while insolvent
(DBN)

____________

Argentina:

Argentina’s Peronists will not be a pushover for Burford
(DBN)

Argentine mystery over economy chief chills markets; three contenders lead race
(DBN)

____________

France:

800,000 March Against Macron
(DBN)

___________


The Daily Bankruptcy News is primarily a curated news link gathering service.   Most of the headlines contained in the publication are a collection of links to stories posted on the Internet by various third party publications.  Such content is owned by third party sources, not The Daily Bankruptcy News, and in some cases, these links change or expire, which means you may not be able to view some news stories in prior editions of the Daily Bankruptcy News. The DBN subscription fee is not a fee for access to the content of the links, but is a charge for the considerable work involved in gathering, organizing and presenting the links. Use of this site and The Daily Bankruptcy News is subject to our Terms of Use. If you received The Daily Bankruptcy News via email (and you have a paid subscription account), to view a news story, click on the headline, and the story should open in your web browser. To view additional stories, click back to the email and click on additional headlines, which will cause new stories to open in your web browser.  You can view the most recent edition of The Daily Bankruptcy News on the web at BKInformation.com.

Advertising
Advertising is available in The Daily Bankruptcy News. Click here for details  Feel free to contact us with any questions.

Passwords/Subscriptions
Access to certain links in The Daily Bankruptcy News is available only to readers holding a paid service subscription. These links are currently marked with a "DBN" notation. The cost of a subscription is $66.50/year, payable annually.  Volume discounts are available for sites with multiple users. Click here to see a schedule of discounts. Complimentary subscriptions are available for full-time educational and governmental employees and for full time students. For information about discounts or educational/governmental subscriptions, contact us by clicking here. A separate password is required for each member of a firm wishing access to restricted links.

New readers can receive a free password good for 30 days by clicking here. 30-day passwords are not available to readers who have previously had a password, even if the password was associated with a different email address used by the reader. Refunds are not available after purchase.

Readers who wish to change their passwords should click here. Readers who have forgotten their password should click here.

Adding Your Email Address To The Distribution List
If you would like to start receiving The Daily Bankruptcy News by email each day, click here, and fill in the information requested. There is no charge to be placed on the distribution list to receive the headlines, although access to many of the links behind the headlines requires a paid subscription (see above, under Passwords). If, after adding your email address to the distribution list, you do not receive an email confirming the addition, please contact us by clicking here for help.

Removing Your Email Address From The Distribution List
If you already receive The Daily Bankruptcy News by email and you wish to remove your email address from the distribution list, click here and send the email that should appear. You do not need to type anything in the body of the email message. Note that the email asking for removal must be sent from the same email address which is on our distribution list. If you do not receive an email confirming deletion of your email address from the distribution list, contact us by clicking here for help.

If receive the publication forwarded from an older email address, you will need to contact us as described below for help removing that older address from our distribution list.

Press Releases/News Tips
Please send press releases and news tips to admin@bkinformation.com

Contact Us
The Daily Bankruptcy News is published each business day by BKINFORMATION.COM, L.L.C. You can phone or text us at 281-402-3957. You can email us at accounting@bkinformation.com (email inquiries are usually answered substantially more quickly than phone inquiries). Our mailing address is 935 Eldridge Road, No. 350, Sugar Land, Texas 77478.

Copyright 2019