February 11, 2019

The Daily Bankruptcy News

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Law:

Law Students Unable To Pay Rent Without Student Loans After School Goes Into Receivership
(DBN)

Dread Checking Your Email When You Wake Up? You’re Not The Only One
(DBN)

Does Diversity Hurt The Quality Of Law Reviews?
(DBN)

OK, Your Law Firm's Diverse, But in What Practice Areas?
(DBN)

Inside Law Firms' Best Results in a Decade
(DBN)

Fired Hershey IP Attorney Sues Alleging Race, Age, Sex Bias
(DBN)

Biglaw Pay Has Seen Some Major Changes
(DBN)

Hunton Andrews Kurth Acted ‘Poorly’ But Not Disqualified
(DBN)

Shutts & Bowen Posts 11 Percent Growth in Revenue and Profits Amid Increased Head Count
(DBN)

White & Case Breaks $2 Billion in Revenue as Profit Growth Continues
(DBN)

Partner Profits Spike at McGuireWoods as Equity Partnership Grows
(DBN)

Fisking An Instagram Law School Decision
(DBN)

Top 5 Reasons To Move To A Law Firm In Texas
(DBN)

Law School Meme Roundup
(DBN)

Ivanka Trump says she has “zero concern” about Mueller investigation • Mueller investigation supports gag order in Roger Stone case • Trump Jr. Expects to be Indicted Soon • The fixer's secret agenda • Manafort ‘Changed His Story’ to Protect Kilimnik • Deputy AG Rod Rosenstein said Trump ordered him to write the memo justifying James Comey's firing, former FBI Deputy Director Andrew McCabe writes • The subjects of Robert Mueller’s investigation are cashing in • Schiff vows to continue investigation into Trump finances, Russia links • Do New York prosecutors pose the greatest threat to Donald Trump?
(DBN)

In a massive rebuke to Trump, Matthew Whitaker says the Mueller probe is proceeding according to its scope • 'Mr. Chairman, I see that your 5 minutes is up': Matthew Whitaker cuts off Democrat leading hearing on Russia probe • Whitaker feeds conspiracy theory about CNN and the FBI's raid on Roger Stone's home • Whitaker feeds conspiracy theory about CNN and the FBI's raid on Roger Stone's home • Acting AG overseeing Mueller probe says he's not interfered • 6 heated moments during Whitaker's testimony, including a call to end the hearing before it started • Democrats to acting AG Whitaker at Russia hearing: 'We're not joking here'
(DBN)

Boies Schiller Partner Reps Jeff Bezos in American Media Battle • Could AMI's Deputy General Counsel Face Extortion Charges? It's Complicated but Ethics Violations Look Likely • Strong-Arming Of Bezos May Go Beyond Atty Hardball • Jeff Bezos' security team thinks a 'government entity' may have accessed the Amazon CEO's texts, Washington Post reporter says • Bezos's Journey From Private Family Man to Tabloid Sensation • The National Enquirer vs. Jeff Bezos: Legal experts break down what's at stake in battle between the world's wealthiest man and a supermarket tabloid • Jeff Bezos Isn’t Afraid of Total Exposure • The National Enquirer Picked the Wrong Man to Bully • Federal prosecutors are reportedly reviewing whether the National Enquirer's alleged 'blackmail' of Jeff Bezos violates the company's cooperation deal • David Pecker May End Up Doing Time • How the National Enquirer's David Pecker, 'the bad boy of magazines,' went from betraying Trump to facing off with Jeff Bezos • National Enquirer's reporting on Jeff Bezos under scrutiny by federal prosecutors • These are the main players in the explosive saga of Jeff Bezos' love life and his war with the National Enquirer • National Enquirer publisher responds to Jeff Bezos' blistering blog post that accused the tabloid of extortion • 'It was not the White House': AMI lawyer says National Enquirer's emails to Bezos didn't involve politics • The brother of Jeff Bezos' lover is allegedly the one who gave The National Enquirer the Amazon CEO's private texts
(DBN)

The Trump campaign paid almost $100,000 to a law firm representing Jared Kushner
(DBN)

Lawyers for Harvey Weinstein Accusers Walk Away From Settlement Talks
(DBN)

As gun ownership goes up by state, so does youth suicide, study finds
(DBN)

Road Rage: School bus driver shot in head
(DBN)

NYPD threatens Google with legal action to stop pinpointing police activity through app
(DBN)

Whitaker Admits DOJ Didn’t Track Children Separated From Parents • California Governor Pulls National Guard Border Troops • New Mexico Governor to Withdraw National Guard Troops • Here's what happened to the migrant caravan that arrived in Tijuana last year • Border Reality vs. Rhetoric • El Paso Mayor on Trump's Crime Comments
(DBN)

Kentucky sheriff suspends all law enforcement over lack of funding
(DBN)

Ex-NYT editor Jill Abramson shrugs off plagiarism allegations against her new book because 'it isn't exactly the same as journalism'
(DBN)

Former football players ran out of time to sue NFL, 9th Circuit says
(DBN)

Ex-Pa. DA Suspended For 1 Year Over Phony Facebook Page
(DBN)

Mother arrested after 4-year-old passed out at school and tested positive for cocaine
(DBN)

Black Licorice Twizzlers Destroyed My Life, NY Man Claims
(DBN)

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Judges:

BK MA Starts Guardian Ad Litem Panel For Minor and Incompetent Debtors
(DBN)

Jurors’ Use of N-Word Confronts Supreme Court Divided on Race
(DBN)

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Wall Street:

U.S. stock futures set for higher start as trade talks kick off, China equities rise
(DBN)

Stocks close mixed on US-China trade deal worries, tech share strength
(DBN)

The Fed may have sparked the latest stock rally, but one expert says it's actually planting the seeds for the next market crash
(DBN)

Weak hands may be signaling a ‘major market decline,’ fund manager warns
(DBN)

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Layoffs:

Disney-Fox Merger Layoffs May Total 10,000
(DBN)

Local newspaper giant Gatehouse Media laid off at least 60 journalists across the country after a $30 million acquisition
(DBN)

Verity issues layoff notice for Silicon Valley health clinic workers
(DBN)

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Personal Finance:

What Americans spend on an engagement ring in each state, ranked from lowest to highest
(DBN)

7 execs share exactly what catches their attention in a job interview
(DBN)

This is the thing most likely to cause you financial ruin — but few prepare for it
(DBN)

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Retailing:

Report: Payless Preparing For Second Bankruptcy • Payless prepares to file for second bankruptcy, could close stores • Payless ShoeSource bankruptcy plans: Will stores close?
(DBN)

Sears survived bankruptcy. Can it survive long term?
(DBN)

Eddie Lampert’s $5.2 Billion Sears Takeover Is 'Opportunity Not to Be a Cartoon Character,' Says Judge
(DBN)

Lampert's Friend In The Trump Administration On Agency Board That Helped Seal His Deal For Sears
(DBN)

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Healthcare:

Landlords Voluntarily Took Back Seat in Welcov Bankruptcy
(DBN)

'People Shouldn't Be Going Bankrupt and Dying': Nationwide Week of Action Aims to Build Mass Movement Behind Medicare for All
(DBN)

Health insurance is as big as Big Tech
(DBN)

A former Obama health official blasted Trump physician's report: 'No doctor can predict someone's future health'
(DBN)

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Mass Torts:

How bankruptcy can help USA Gymnastics and the Boy Scouts
(DBN)

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Climate:

Plummeting insect numbers 'threaten collapse of nature'
(DBN)

What tackling climate change means, illustrated
(DBN)

Climate change seen as top threat
(DBN)

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Pharma:

How other countries set their drug prices
(DBN)

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Student Debt:

Forget taking out a student loan. Purdue University has come up with a new way to pay for college
(DBN)

New Maine bill could bring more relief to debt-ridden students
(DBN)

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Crypto:

Mt. Gox Creditors Neither Need nor Deserve This Kind of 'Hero'
(DBN)

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Economy:

Janet Yellen is concerned about Trump's public criticism of the Fed. She's not the only one.
(DBN)

Fed Lowers Q1 Growth to 2.2 Percent • Q4 GDP Forecasts: Mid-2s
(DBN)

Ed Yardeni: Fed could pause rate hikes for as long as Treasury yield curve stays flat
(DBN)

Fragile global economy could tip, says Roubini
(DBN)

Krugman expects to see a global recession this year, warns ‘we don’t have an effective response’
(DBN)

IMF warns of global economic "storm" as growth undershoots
(DBN)

Wealth concentration near ‘levels last seen during the Roaring Twenties,’ study finds
(DBN)

The looming retirement crisis in America
(DBN)

FactCheck: Trump Take Credit for Obama Jobs?
(DBN)

The next recession could force the Fed to cut interest rates into negative territory. Here's what that means, and how it could affect you.
(DBN)

Government funding negotiations fall apart • Key GOP Senator says Congress is at an impasse as a new government shutdown looms • Steve Bannon, Curt Schilling, and other Trump diehards are trying to make the viral GoFundMe campaign to privately fund the border wall a reality • Another government shutdown looms as funding runs out in a week and Democrats are still undecided about Trump's border wall • Another government shutdown looks increasingly likely as lawmakers clash over border funding ahead of Friday deadline • Key GOP Senator says Congress is at an impasse as a new government shutdown looms • Lawmakers stunned by national park shutdown funding reversal
(DBN)

Tax code changes leave Americans asking, 'What happened to my refund?' • Rich are Screaming About Lost Deductions Too • Many Lawyers Will Be Getting Screwed This Tax Season • Tax refunds are about 8% smaller so far this year compared to 2018
(DBN)

Alexandria Ocasio-Cortez's staff says a document that supported paying Americans 'unwilling to work' was accidentally released
(DBN)

US-China Trade War Has 2 Million Jobs at Risk • Tariffs Helping US Manufacturing Expand • Trade war headlines could get much worse before they get better as the US looks to Europe • Wall Street Worries About Trump Trade Wars • Troubles ahead for Trump's NAFTA replacement • Trade Fight Between China and the U.S. Is Far From Over • White House discussing possible trade summit with China at Mar-a-Lago: report
(DBN)

How much money you take home from a $100,000 salary after taxes, depending on where you live
(DBN)

Class 8 Truck Orders Off to Slow Start in 2019
(DBN)

The vast majority of reported company earnings are not fully audited
(DBN)

This Highly Popular Social Security Proposal Is Back and It May Pass the House
(DBN)

All the ways Gen X is financially wrecked
(DBN)

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

AAR: January Rail Carloads up 1.7% YoY, Intermodal Up 0.5% YoY
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

Ditech Holding Corporation And Affiliates File In SD NY • First Day Dec • Petition
(DBN)

The housing market is facing risks this year, but here’s why it’s not all bad news for buyers
(DBN)

Seattle Real Estate in January: Sales Unchanged YoY, Inventory up 168% YoY from Low Levels
(DBN)

The Scam of the Show Fixer Upper
(DBN)

LI woman claims in court defunct Trump mortgage company owes her
(DBN)

Bankruptcy court OKs $5 million in financing for Century III Mall
(DBN)

The $238 Million Penthouse Provokes a Fierce Response: Tax It
(DBN)

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Municipalities:

The evidence is mounting that Amazon's New York HQ2 deal is in trouble
(DBN)

Denver Teachers Go on Strike Monday • School strikes lead to highest number of work stoppages in 11 years
(DBN)

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Oil/Gas:

IMF: Oil Exporters Not Recovered From 2014
(DBN)

Oil prices slip as U.S. rig count rises again
(DBN)

Mexico's Pemex is Doomed
(DBN)

Big Oil Earned $80 Billion in 2018
(DBN)

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Politics:

Congresswoman Ilhan Omar Slammed for 'Stunningly Anti-Semitic Tweet'
(DBN)

U-Haul move data reveals shifting American political landscape
(DBN)

A wave of scandals has turned Virginia politics on its head, and the state's top three politicians could all be on the way out • Virginia Pols' Scandals Spell New Business for DC Law Firms • Va. Lt. Gov., MoFo Partner Hit With 2nd Assault Claim • Justin Fairfax Takes Leave from MoFo as Firm Opens Investigation • Second accuser against Justin Fairfax • Fairfax accuser shared assault allegation two years agoalleges r--- • Most black Virginians think Gov. Ralph Northam should remain in office despite racist photo scandal, poll shows • Northam Planning 'Reconciliation Tour' on Race Inequity •Embattled Virginia governor ‘not going anywhere,’ says he can heal state • Fairfax Asks FBI to Probe Assault Claims • Embattled Virginia Gov. Ralph Northam corrected by journalist Gayle King after he calls slaves 'indentured servants'
(DBN)

Republicans Have No Black Outreach: Party Strategist
(DBN)

Pipeline of illegal workers for Trump goes back years • Report: Trump golf course knowingly employed undocumented immigrants
(DBN)

"Executive time" on steroids: Fresh White House schedule leaks are flowing unabated despite ongoing hunt for culprit • New leaks amid leak probe • Trump defends his ‘executive time’ as for ‘working, not relaxing’
(DBN)

Trump Picks Club Members as Ambassadors
(DBN)

Trump appeared to joke about the Trail of Tears in a tweet mocking Elizabeth Warren
(DBN)

The Green New Deal Will Never Work
(DBN)

Alexandria Ocasio-Cortez is the Democrats' Trump
(DBN)

Ocasio-Cortez’s take on how easy it is to be a ‘pretty bad guy’ in politics goes viral
(DBN)

Elizabeth Warren has officially announced that she's running for president, urged supporters to join 'the fight of our lives' • Warren: Trump might not be president or ‘even a free person’ in 2020 • Warren’s “Native American” Past Comes Back To Haunt Her
(DBN)

Pete Buttigieg’s Quiet Rebellion
(DBN)

Amy Klobuchar is Now Running for President • Amy Klobuchar is Scandal Plagued • Republicans Gush Over Klobuchar
(DBN)

Michael Bloomberg says he'll decide if he's running for president by the end of the month
(DBN)

2020 presidential election: Track which candidates are running • The biggest questions about the 2020 Democratic primary, answered • A historic number of women are officially running in 2020
(DBN)

Michelle Obama’s Grammys Remarks Drowned Out by Audience Applause
(DBN)

Mexico’s former president drops F-bomb in describing Trump’s approach to the world
(DBN)

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Credit Reporting:

Wall Street and Alexandria Ocasio-Cortez are on the same side for once — they're piling skepticism onto credit-ratings firm Equifax
(DBN)

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Festivals:

#YouveBeenServed: Instagram Influencers Subpoenaed In Fyre Festival Bankruptcy
(DBN)

Fyre Fest Fraudster McFarland Hit With $3M Default Judgment
(DBN)

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Education:

These 20 colleges took in 28% of donations to universities last year — they educate 1.6% of undergrads
(DBN)

Who Steps Up to Lead a Financially Troubled College?
(DBN)

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New Bankruptcy Opinions
(8 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (57 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (12 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:

Hawaii sees surge in bankruptcy filings last month
(DBN)

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Automatic Stay:

How to Get Around the Dreaded Automatic Stay in Bankruptcy
(DBN)

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Attorneys' Fees:

BB&T Loan Successor Has Shot at Attorneys’ Fees Post-Bankruptcy
(DBN)

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Litigation:

Detective Work Part of the Job for Quinn Emanuel Art Litigators
(DBN)

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Limitations:

In Gouletas, bankruptcy court rules statutes of limitations have limitations
(DBN)

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Contracts:

Drafting New York Contracts—Does Your Agreement Really Mean What It Says?
(DBN)

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Religion:

The world changes but not the Catholic Church
(DBN)

700 Victims of Southern Baptist Abuse • Abuse spreads as leaders resist reforms
(DBN)

License Plates in Arizona Saying 'In God We Trust' Found to Fund and Support Anti LGBT Group
(DBN)

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Fraud:

Goldman's Malaysia Scandal Deepens
(DBN)

A Tennessee clinic swindled the military out of $65M
(DBN)

Picassos, a glass piano and missing billions: scandal of 1MDB reaches court
(DBN)

Chainsaw Al, Barron’s Knew Ye Well
(DBN)

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Space:

Mars One’s ill-fated dream unsurprisingly ends in bankruptcy
(DBN)

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Food/Beverage:

Bankrupt beef processor sold to NC developer
(DBN)

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Tech:

Arlo Is In Big Trouble
(DBN)

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Electricity:

PG&E bankruptcy a window into myriad problems facing California’s energy future
(DBN)

PG&E Provides Update on Board Refreshment Process
(DBN)

Should California bail out Pacific Gas & Electric?
(DBN)

Michael Bloomberg: PG&E Bankruptcy a Wake-Up Call
(DBN)

California's strict wildfire liability rule hangs over bankrupt PG&E
(DBN)

Dozens Claim Checks From PG&E Have Bounced
(DBN)

PG&E, Other California Utilities File 2019 Wildfire Mitigation Plans
(DBN)

Bankruptcy and new shut-off plans from PG&E have opened the door to alternative energy sources
(DBN)

All PG&E customers at risk of proactive shutoffs under proposed fire mitigation plan
(DBN)

PG&E (PCG) Given New $17.50 Price Target at Morgan Stanley
(DBN)

Another Utility Is One Wildfire Away From Ruin, No Fix in Sight
(DBN)

Ugly Financing Transaction Puts Capstone Turbine 1 Step Closer To Bankruptcy
(DBN)

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Farming:

Midwest farmers going bankrupt
(DBN)

Minnesota farmers take on more debt for spring planting
(DBN)

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Sovereigns:

The master of sovereign debt retires
(DBN)

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UK:

The Nine Levels of Brexit Hell • Britain has entered 'the emergency zone' with the chances of a no-deal Brexit rising, says CBI • Theresa May will plea with MPs to buy more time to renegotiate her Brexit deal • The real-life Wolf of Wall Street says 'it'll work out' for the City of London after Brexit • That sinking feeling: Brexit threatens German bathroom connection • Theresa May accused of running down the clock as she offers more Brexit talks with Corbyn • U.K. funds lose $2 billion in eight weeks amid Brexit deadlock • Brexit Lesson from Norway-Sweden Border
(DBN)

U.K. economy slows in 2018, dogged by Brexit fears
(DBN)

Nissan Move Leads to Brexit Regrets
(DBN)

U.K. retail footfall continues to edge lower
(DBN)

The vinyl junkie who's saved a British high street legend
(DBN)

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Canada:

'Losing is not an option': Unifor's fight against GM is a battle for its future
(DBN)

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MENA:

Trump accused of breaking law after refusing to report to Congress on Khashoggi’s brutal killing
(DBN)

Lagarde Warns on Middle East's Economies
(DBN)

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Venezuela:

How Venezuela's most valuable asset became its biggest curse
(DBN)

Venezuela was once the richest, most stable, democracy in Latin America. Here's what went wrong.
(DBN)

Amid economic meltdown, semi-secret operations in Venezuela turn its useless bank notes into gold
(DBN)

Venezuela Shifts Oil Money to Russian Bank
(DBN)

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India:

Bankruptcy Expert Edward Altman Says It’s Too Easy To Get A High Credit Rating In India
(DBN)

Indian firms wait too long to file for bankruptcy: Edward Altman
(DBN)

Defunct Kingfisher Airline promoters prevented shares worth over Rs 7,500 crore
(DBN)

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France:

French yellow vest anti-govt protests turn violent in Paris • Yellow Vest Protest in France Intensifies
(DBN)

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Australia:

Former Melbourne investment scheme boss charged over missing $8.2m
(DBN)

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