January 14, 2019

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Law Firms Face 'Uncharted Waters' as Shutdown Grinds Some Practices to a Halt
(DBN)

Biglaw Firm’s Great New Benefit For New Parents: Bill Less
(DBN)

The Modern Law Office: Can You Handle It?
(DBN)

Restructuring Partner Mark Knight Joins Sidley in London
(DBN)

DE: Potter Anderson Names New Bankruptcy Counsel
(DBN)

18 LeClairRyan lawyers jump to growing law firm to open office in Boston Biglaw Firm Loses Over A Dozen Partners As More Firms Spread To Boston
(DBN)

Numbers Are Up For Women In Biglaw, But Certain Minorities Continue To Fall Behind
(DBN)

So You Got Your Grades, Now What? (Part II — The Bad News)
(DBN)

The ins and outs of law practice management software
(DBN)

An Associate’s View—Data Privacy Security Tips for Working Remotely
(DBN)

ABA Survey: Only 10 Percent of Law Firms Are Currently Using AI
(DBN)

Boies No Longer Sharing Ritzy NYC Address With Malpractice Foe Guo Wengui
(DBN)

DLA Piper Asks Judge to Undo Disqualification Ruling
(DBN)

5 Steps Every Law Firm Leader Should Take Now To Prepare For 2019
(DBN)

FBI May Have Probed Trump Over Russia Trump has concealed details of his face-to-face encounters with Putin from senior officials in administration Trump dodges question on whether he has worked for Russia Mueller Draft Report Says Trump 'Helped Putin Destabilize the United States', Watergate Journalist Says Democrats vow to investigate content of Trump’s meeting with Putin The FBI reportedly started investigating whether Trump was a Russian asset after he fired Comey Key Republican to ask FBI about report of Trump counterintelligence probe Mueller Investigation Could Have Classified Communications Intercepts Proving Trump Worked With Russia: Former FBI Chief Pompeo: It's "ludicrous" to suggest Trump is a threat to U.S. security Trump defends firing ‘sleaze’ James Comey amid report FBI opened counterintelligence Russia probe Why the FBI might’ve thought Trump could be working for Russia Trump rages against FBI for investigating his suspected Russia ties Sarah Sanders: "When you're attacking the FBI because you're under criminal investigation, you're losing" Judge: Mueller Doesn't Have to Explain Info Trump, Putin and a Test of Presidential Power Trump denies reports concealed Putin meetings: We discussed Israel How the big new New York Times scoop changes our understanding of the Trump-Russia probe How the big new New York Times scoop changes our understanding of the Trump-Russia probe Witch hunt or mole hunt? Times bombshell blows up all theories Mark Warner: 'It is a very real question' whether Trump acted as a Russian agent James Comey Indirectly Responds To Trump’s Morning Twitter Rant With Single Quote Cruz: Citizens Outside Beltway Don't Care About Mueller Where Mueller’s Probe Stands as William Barr Faces Confirmation Lanny Davis: Trump Sees Cohen as 'Greatest Threat' Top House Democrats warn Trump after Cohen comments
(DBN)

Grading the Steele Dossier Two Years Later
(DBN)

Paul Manafort Forfeits Law License Before It Gets Taken Away
(DBN)

Charged Russian Lawyer Ain't Coming Back
(DBN)

Judge blocks Trump administration birth-control coverage rules in 13 states
(DBN)

CA: Davis Rookie Female Police Officer was Ambushed
(DBN)

Texas Couple Convicted of Slavery An estimated 41 million people around the world are still enslaved today. Here are 4 charts showing what modern slavery looks like.
(DBN)

InfoWars: Sandy Hook Families' Legal Victory
(DBN)

Florida sheriff suspended for negligence during Parkland shooting
(DBN)

TX: Tent City Closes as Teens Released Trump FactCheck: There’s "never (been) so many apprehensions ever in our history."
(DBN)

FactCheck: Apprehensions at the Border
(DBN)

US OK'd Requests to Bring in Child Brides
(DBN)

FactCheck: Immigrant Crime Data Trump ties undocumented immigrants to crimes against children, but he's not telling the full story
(DBN)

Emergency Q&A: How Opponents Could Sue to Block Trump’s Border Wall Trump considers using disaster aid for border wall; who will sue?
(DBN)

Ending Weed Prohibition Hasn’t Stopped Drug Crimes
(DBN)

Woman banned from Walmart after riding cart while drinking wine from Pringles can, police say
(DBN)

Gunman who killed officer left a note accusing police of hitting him with 'sonic waves'
(DBN)

Royal Caribbean has another gastroenteritis outbreak — and passengers might feel ill when they see what recourse they have
(DBN)

Being A Bigot Won’t Get You Protection Under Title VII
(DBN)

Law Student Throws Dance Party In The Airport And Twitter Goes Nuts
(DBN)

Lawyer stole money to pay for plastic surgery, overdue income taxes, party with Hawaiian band and more
(DBN)

Houston Lawyer Who Sued Over Wrong-Day 'Hamilton' Tickets Gets Settlement
(DBN)

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Judges:

US Bankruptcy Court Announcement of Retirement of Hon. Kevin J. Carey, effective August 31, 2019
(DBN)

Unpaid Jurors, Bare Evidence: The Cost of Courts Without Money Fifth Circuit Freezes Big Obamacare Case Amid Trump's Shutdown
(DBN)

Justice Ginsburg recovering and will work from home next week, Supreme Court says Ruth Bader Ginsburg's Recovery Is 'On Track,' Supreme Court Says Ruth Bader Ginsburg to miss another week of Supreme Court arguments Rejected: The Supreme Court Justice Who Didn’t Want Ruth Bader Ginsburg As A Clerk Lindsey Graham Tells Fox News He's 'Hell-Bent' On Replacing Ruth Bader Ginsburg With Conservative, Then Removes Microphone White House readies short list of possible replacements for Justice Ginsburg Jacob Wohl Thinks He Knows About RBG’s Job Status, Doesn’t
(DBN)

Book review: “Ruth Bader Ginsburg”: The evolution of a justice
(DBN)

Judge Sanctioned for Citing Her Office Title to Cops After Traffic Accident
(DBN)

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Wall Street:

U.S. stock futures drop as China trade data spark fresh global economic worries Stocks are falling after a fresh set of horrible data out of China reignited worries about the global economy
(DBN)

Asian markets fall as China reports slowdown in exports
(DBN)

US stocks drift in a quiet close to another winning week
(DBN)

The $4.5 trillion force that's helping to fuel market swings
(DBN)

Slowing Earnings Growth, Gloomy Forecasts Add to Stock Market’s Woes
(DBN)

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Layoffs:

Musk's SpaceX Cuts 10% of Workforce
(DBN)

Sears and Kmart employees aren't necessarily out of luck when it comes to receiving severance — but it all depends on timing
(DBN)

Round of layoffs hits company-wide at NASCAR
(DBN)

IBM laying off more than 300
(DBN)

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Coal:

Federal bankruptcy judge reopens Alpha Natural Resources proceedings citing concerns
(DBN)

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Religion:

Santa Fe archbishop agrees to open lawsuit records
(DBN)

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Fraud:

How No-Nonsense Litigator Michael Budwick Curbs the Damage Caused by Ponzi Schemers
(DBN)

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Debt Collection:

Supreme Court Split in Unexpected Ways During Oral Arguments for Obduskey v. McCarthy & Holthus LLP
(DBN)

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Non-Profits:

Nonprofit Dream Center Facing Bankruptcy
(DBN)

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Climate:

The oceans are heating up 40% faster than scientists realized
(DBN)

Male NoJackets: What’s Up With Men Who Don’t Wear Coats in Winter?
(DBN)

Snow blankets mid-Atlantic states as strong winter storm blows east
(DBN)

The cost of climate change for PG&E is a warning to big business
(DBN)

One planet, divided under global warming
(DBN)

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Economy:

U.S. Economy Is Floating on an 'Ocean of Debt', Gundlach Warns
(DBN)

Death of a talking point: Real wages are growing the most in two years
(DBN)

Adjusted for Aging, the US Employment Rate Continued to Rise Above Its Pre-Recession Level in 2018
(DBN)

Millennial women are fueling the job boom
(DBN)

Powell sensed ‘taper tantrum,’ but urged Fed to act anyway, newly released transcripts from 2013 show
(DBN)

Fewer new businesses are emerging than before the Great Recession
(DBN)

OECD sees further global growth slowdown ahead
(DBN)

Sovereigns, Corporates in Focus as Credit Cycle Turns
(DBN)

Shutdown Pinches Economic Growth Ironically, US Border Agents Aren't Being Paid Impact of Shutdown About to Snowball Farm Country Stood by Trump. But the Shutdown Is Pushing It to Breaking Point What the government shutdown looks like inside federal prisons The government shutdown could have widespread consequences for the US economy A new nightmare for furloughed workers — preventing damage to their credit scores Low-Income Renters Face Eviction, Thanks to the Government Shutdown Human and financial costs mount as shutdown enters fourth week with Trump threatening longer standoff The Longest Government Shutdown In History, No Longer — How 1995 Changed Everything Tensions rise in federal prisons as weary guards go without pay, work double shifts Credit unions aid government employees affected by shutdown How the Government Shutdown Is Affecting Mortgage Lending Uber and Lyft’s long-awaited IPOs could crash into government-shutdown wall The government shutdown enters record as longest in US history We're All to Blame for the Shutdown WH Economist: Fed Workers are Better Off Miami to Shut Terminal for Lack of TSA Agents The FAA is reportedly about to bring airline inspectors back to work during the government shutdown Canadian air traffic controllers are buying hundreds of pizzas for US colleagues who aren't getting paid in the government shutdown Trump biographer rips ‘trust fund baby’ president for ignoring financial pain of furloughed federal workers Freedom Caucus to Trump: Back Off on Wall Why Hasn’t Trump Folded? Before 1980 There Were No Gov't Shutdowns The Shutdown Was Never Really Going to End last Week If the shutdown lasts two more weeks, the cost to the economy will exceed price of Trump’s wall Avoid these foods during the government shutdown, experts warn Trump shutdown threatens America’s 99-month job growth streak Poll shows most Americans blame Trump, GOP Support for Trump's wall reaches all-time high: Poll
(DBN)

Trump channels Theresa May's Brexit plan for NAFTA 2.0
(DBN)

Republican senators roll out bill that would end all future shutdowns
(DBN)

U.S. Bailout From Last Recession Lives on as Downturn Risks Rise
(DBN)

US-China Dispute is Not About Trade Elon Musk got some time with China's premier in a sign that the heat is going out of Trump's trade war Chuck Grassley talks trade China's trade surplus with U.S. hit record in 2018 China’s trade growth slowed in 2018, as global demand weakened Toyota Exec: Tariffs Will Raise Prices
(DBN)

Economist: Gov't Debt Not So Bad
(DBN)

Jeffrey Gundlach on the Growth of U.S. Debt
(DBN)

The Trump Tax Cuts Didn’t Pay for Themselves in Year One
(DBN)

Ivanka May Run the World Bank?
(DBN)

Most and Least Trusted Professions
(DBN)

Homeless Surge Puts Hollywood's Progressive Ideals to the Test
(DBN)

Grocery stores would run out of food in 3 days if long-haul truckers stopped working
(DBN)

UK-US: Two Governments in Paralysis
(DBN)

The market is about to get bad news from corporate America
(DBN)

Bank and Thrift Failures Since 1921 No FDIC-Insured Bank Failures in 2018
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

IRS Reopens Key Program for Mortgage Loans
(DBN)

New Home Sales Tanked 18% to End 2018
(DBN)

Serious Delinquency Rate for Single Family Mortgages Declined in November
(DBN)

Texas Bill Keeps People from Not Knowing Their Home is in a Flood Zone The Reason
(DBN)

America's golf slump is taking a toll on homeowners
(DBN)

MI: 616 Lofts files for bankruptcy
(DBN)

NY: Bankruptcy judge places McKinley Mall in receivership
(DBN)

Palm Beach officials extend deadlines for Palm House settlement
(DBN)

El Paso billionaire bids for huge West Texas ranch
(DBN)

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Municipalities:

Muni Lowdown
(DBN)

Connecticut pension commission heads into overtime to solve funding crisis
(DBN)

Puerto Rico: The Perfect Storm
(DBN)

“It is more devastating than many of us realized”: Congressional delegation visits Puerto Rico
(DBN)

Puerto Rican Officials Livid At Reports Trump May Use Disaster Funds To Pay For Wall
(DBN)

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Oil/Gas:

The Merger That Made a U.S. Gas Giant Is Failing
(DBN)

Oil winning streak Is longest since 2010 as outlook brightens
(DBN)

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Tech:

Demand for new smartphones is in free-fall and this chart shows that the bottom is not yet in sight Apple is reportedly cutting iPhone production by 10% after one of the darkest weeks in its history
(DBN)

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Politics:

Ian Bremmer: America is more politically divided than ever — here's why
(DBN)

The Trump Bankruptcies Start to Make Sense
(DBN)

Trump invented a new nickname for Jeff Bezos in a tweet mocking his divorce
(DBN)

Trump reportedly sold $35 million worth of real estate last year
(DBN)

Record shutdown hits Trump states hard DHS agents: Where drugs really come into the U.S. The El Chapo Trial Shows Trump Is All Wrong About Drugs Trump touts shutdown plan, but advisers say 'no one knows what he will do' Border Patrol Union Just Deleted a Webpage Saying a Wall Would Be 'Wasting Taxpayer Money' Congress Should Act to End Shutdown, Trump Says A GoFundMe campaign raised $20 million for a border wall—now all of the funds will be returned Cornyn opposes redirecting Harvey disaster funds for border wall Government shutdown: How much longer can Mitch McConnell sit it out? Freshmen Democrats in Trump country feel pressure over shutdown Lindsey Graham: Trump is "not going to give in" on border wall Lindsey Graham Urges Trump To Reopen Government Before Declaring National Emergency Over Border GOP Senator Pushes Temporary Deal to Open Government Both sides must compromise to end the longest shutdown in our history Trump’s Five Craziest Arguments About the Shutdown Trump: There’s almost nobody in the White House but me Dreamers-for-wall trade going nowhere in House
(DBN)

Advisor Compares Shutdown to Vacation Time Trump Backs off Calling National Emergency
(DBN)

Rushed Syria retreat undermines U.S. interests and betrays allies Trump threatens to ‘devastate Turkey economically if they hit Kurds’ Democrats' support for foreign wars has jumped under Trump
(DBN)

The Hitchhikers Guide to Impeachment
(DBN)

US Ambassador Finds Few Friends in Germany
(DBN)

Megyn Kelly Leaves NBC with All $69 Million
(DBN)

Baby boomers share nearly 7 times as many 'fake news' articles on Facebook as adults under 30, new study finds
(DBN)

Rep. Tulsi Gabbard announces she's running for president in 2020 Tulsi Gabbard Is Running for President. Can She Shake Her Ties to Dictators and Nationalists? Gabbard's Anti-LGBTQ Past Under Fire
(DBN)

Gillibrand Wants to Run for President
(DBN)

Democrats Try to Reign in Ocasio-Cortez Ocasio-Cortez reportedly in line for banking post, and that could be bad news for Wall Street Ocasio-Cortez mocks aging Joe Lieberman, 76, for hoping 'she's not the future'
(DBN)

Mnuchin to Dems: Trust Trump on Russia
(DBN)

Trump dressed down Mulvaney in front of congressional leaders
(DBN)

Inside the Oval: How Trump tormented Mattis
(DBN)

Biden's Brother: We Voted for Trump Joe Biden's Political Baggage Could be Heavy
(DBN)

Trump Calls Elizabeth Warren ‘Pocahontas’ Again Trump Says He Has 'More' Native Blood Than Warren
(DBN)

Silence over "white supremacist" comments like Steve King’s is why Republicans get accused of racism, says Sen. Tim Scott Iowa Republican Steve King faces party action over 'white supremacist' remark McCarthy: Action Will be Taken on Rep. King
(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 (32 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (8 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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Mediation:

Can You Teach An Old Lawyer New Tricks? A Longtime Attorney Takes A Weeklong Mediation Training
(DBN)

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IP:

Trademark Licenses . . . Again (Update No. 6)
(DBN)

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Advisers:

AlixPartners Promotes 22 Individuals to Managing Director
(DBN)

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Miscellaneous:

2018 Chapter 11 Filing Year in Review
(DBN)

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Autos:

Tesla Won't Buy GM Plant Over Union Jobs Tesla is engaging in a risky expansion as the rest of the auto industry is playing defense
(DBN)

Lutz: GM Will Continue to be Profitable
(DBN)

Smaller tax refunds in 2019 could slash U.S. auto sales
(DBN)

The Next American Car Recession Has Already Started
(DBN)

VW could face recall of more cars over emissions: report
(DBN)

Renault Auditors Can't Find Ghosn Fraud Nissan's investigation into its ousted chairman Carlos Ghosn is expanding to more countries, report says Ghosn Received $8 Million From Nissan-Mitsubishi Entity, Nissan Probe Alleges Renault Hits Out at New Ghosn Allegations
(DBN)

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Healthcare:

As Arkansas hospital struggles, workers, residents on edge
(DBN)

CDC says it's another severe flu season with 7 million sick
(DBN)

Health care's Q4 earnings expected to break records
(DBN)

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Personal Finance:

What a Single Mom of Four Spends on Her Kids During One Week in Indianapolis
(DBN)

The 5 Cheapest Ways To Pay Off Credit Card Debt Fast
(DBN)

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Travel:

Aviation system hits crunchtime as workers face payless 'payday' TSA Begins to Feel Squeeze From Government Shutdown Some airport security lanes to close as shutdown squeezes TSA Miami airport closes terminal as TSA workers refuse to work without pay during government shutdown Terminal B security checkpoint at Houston's Bush Airport closed due to shortage of TSA workers
(DBN)

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Retailing:

Kentucky-Based Mattress Retailer Files For Bankruptcy Mattress Warehouse, Sleep Outfitters company files Chapter 11 bankruptcy
(DBN)

Gymboree expected to file for bankruptcy, liquidate all its stores
(DBN)

Sears bankruptcy raises old questions about cost
(DBN)

Poler Bankrupt: Why It Matters the ‘Outdoor Stuff’ Brand Failed
(DBN)

Chico's to close 250 stores over 3 years
(DBN)

Steinhoff woes continue to pile up in Europe
(DBN)

Pier 1 is a 'dumpster fire' and it's fighting for its survival
(DBN)

The dollar store future
(DBN)

The death of department stores
(DBN)

Macy's just had its worst day ever, but there are still bargain buys in the retail space
(DBN)

How the government shutdown could hurt retail
(DBN)

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Electricity:

PG&E Prepares to Enter Bankruptcy Protection After Wildfire Fallout
(DBN)

PG&E said to be talking to banks on massive bankruptcy financing PG&E expects to have $5.5 bln of committed DIP financing at the time if files for bankruptcy PG&E Sparked at Least 1,500 California Fires. Now the Utility Faces Collapse PG&E may notify its employees this week of potential bankruptcy California's biggest gas and power company is in multibillion-dollar bankruptcy talks after last year's devastating California wildfires
(DBN)

PG&E CEO steps down amid bankruptcy reports PG&E Chief Executive Geisha Williams leaves as utility readies for possible bankruptcy PG&E CEO abruptly leaves company amid bankruptcy speculation PG&E Seeks New CEO as Fire Costs Push It to Brink of Bankruptcy
(DBN)

PG&E's bankruptcy follows review of options to resolve liabilities resulting from recent California wildfires
(DBN)

PG&E's stock loses half its value after plan to file for bankruptcy
(DBN)

PG&E doesn't expect bankruptcy to affect electric or natural gas service to customers If PG&E goes into bankruptcy, what does it mean for customers?
(DBN)

California Officials Focused on PG&E’s Fire Liabilities
(DBN)

PG&E Faces a Crisis of Confidence Crisis From Wall Street to San Francisco
(DBN)

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Food/Beverage:

Gigi's Cupcakes files for bankruptcy amid ongoing fight with franchisees
(DBN)

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Health and Beauty:

New Chapter 11 Bankruptcy Filing - Beauty Brands LLC
(DBN)

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UK:

Britons Most at Risk in a Messy Split From EU Are Least Worried Brits to vote again? Brexit delay creates headache for Europe Brexit: John Major Says Revoke Article 50 Theresa May warns of "catastrophic" outcome if Brexit deal fails Brexit disaster looms EU Prepares to Move Brexit Back to July The EU sends letter of reassurance to Theresa May in last ditch attempt to prevent Brexit deal defeat
(DBN)

FTSE 100 drops on China gloom, Brexit-vote jitters
(DBN)

New Look falls into the hands of its creditors
(DBN)

Forrest collapsed owing £28m to unsecured creditors
(DBN)

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EU:

Eurozone rebound hopes hit by factory output slump
(DBN)

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Venezuela:

John Bolton calls Venezuela's Maduro an "illegitimate" leader
(DBN)

Brazil says it recognizes Venezuelan opposition leader as president Opposition-controlled Venezuela legislature calls for protest to oust Maduro Venezuelan opposition leader Juan Guaidó briefly detained
(DBN)

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MENA:

Trump's national security team reportedly asked for military options to attack Iran last fall, alarming US officials
(DBN)

Lebanon 'absolutely not' proposing debt restructuring : finance minister
(DBN)

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Brazil:

Avianca Brasil lessor set to seize 20 pct of airline's fleet -source
(DBN)

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Philippines:

Hanjin bankruptcy 'must lead to review of cheap labor, tax incentives at eco-zones'
(DBN)

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