January 7, 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

3-Column Formating

 

Law:

Legal Employment Ends 2018 With Two-Month Slide
(DBN)

Akin Gump Cited for Litigating Case Without Bar Admission
(DBN)

Millennials in Big Law: Resistance Is Futile
(DBN)

Law Firms, Clients Should Heed the Tech World, Consider Crowdfunding
(DBN)

Schiff Hardin Wins Attorney Immunity in Representation Spat
(DBN)

The RFP Process Is Broken. Here's How It Might Get Fixed
(DBN)

Legal Operations: Top 10 ‘New Rules’ For 2019
(DBN)

Hogan Lovells Uses Simulated Law Firms to Train Real Partners
(DBN)

No One Seems To Want To Go To Law School Here Anymore
(DBN)

Zombie Law School Sued By Students
(DBN)

Government Shutdown Really Messing Stuff Up If You Need To Be Admitted To The D.C. Bar
(DBN)

Law Firm Government Contracts Practices Busy During Shutdown
(DBN)

As Law School Students Still Wait For Grades, Their Professors Go Partying In New Orleans
(DBN)

So You Got Your Grades, Now What? (Part I: The Good News)
(DBN)

Ex-Milberg Partner Claims Firm's Combination Deal a 'Fraudulent Scheme'
(DBN)

Law Firm Partner Shot To Death In Murder-Suicide
(DBN)

The Eversheds Tragedy and #MeToo: Why Victims Must Still Speak Out
(DBN)

Democrats won't wait for the Mueller report to investigate Trump, but impeachment remains a long shot • Trump rages about impeachment talk as Democratic leaders play down the issue • Special counsel Robert Mueller's grand jury gets six-month extension, signaling the Russia investigation isn't ending anytime soon • Trump doubled down on claim that campaign-finance violations are common, but he missed the key difference between his situation and others
(DBN)

White House Lawyers Work on Details for National Emergency for Wall • FactCheck: What's a National Emergency? • Trump Should Tell Pentagon to Build the Wall
(DBN)

Trump: Ex-Presidents Support My Wall • Fact Check: Did the U.S. catch 4,000 terrorists at the southern border in 2018?
(DBN)

Trump says appointing acting Cabinet heads grants "more flexibility"
(DBN)

U.S. court rules for Trump on transgender military limits • Differing with other courts, D.C. Circuit refuses to block limits on transgender people in military
(DBN)

Spacey to Be Arraigned
(DBN)

Woman Runs Over Manicurist on $35 Bill
(DBN)

Jogger attacked by dog, then bitten by dog's owner
(DBN)

Man robs bank across from police station mins after release from jail
(DBN)

Everybody Loses After Metal Band And Photographer Get Pissy Over Photographer’s Copyright Threat
(DBN)

The $100K Paralegal: Lawyer Winds Up Paying Six Figures Over $300 Dispute With Former Employee
(DBN)

______________

Judges:

BK DE - Judge Sontchi: No More Fee Application While Government Shut Down
(DBN)

Federal Courts Run Out of Cash on Friday • Shutdown halts many immigration hearings; federal courts could be affected after soon • Courts Run Out of Cash Next Friday. Here’s What Happens Then
(DBN)

Former judge disbarred after sentencing for obstruction in s**-for-favors probe
(DBN)

Alderman is accused of using his position to solicit law firm business; his wife is a state justice
(DBN)

______________

Wall Street:

Dow futures move lower as US-China trade talks resume • U.S. stock market poised to pull back as Wall Street watches China trade talks
(DBN)

China stock markets rally on Trump optimism before trade talks: 'Good things are going to happen'
(DBN)

Stocks soar after a trifecta of good news about jobs, the Fed, and Trump's trade war • Dow Jumps More Than 700 Points
(DBN)

The Fed may have just set the Trump rally back on its course, says Jim Cramer
(DBN)

Stock market comeback is now in the hands of China-US trade talks
(DBN)

Apple’s stock price won’t recover and 9 more bold predictions from Jeff Reeves
(DBN)

Jittery Wall Street has a lot ahead to be nervous about
(DBN)

______________

Layoffs:

New Study Finds Many Older Workers Forced Out of Jobs
(DBN)

______________

Politics:

SCOTUS to Rule on Partisan Gerrymandering • Supreme Court to hear two partisan gerrymandering cases after previous sidestep • The Supreme Court Could Make Gerrymandering Worse
(DBN)

Trump attempts to pin blame for the stock market stumbles on House Democrats' threats to impeach him • New Dem congresswoman: 'We're gonna impeach the 'm------' • Pelosi: Impeachment is 'divisive,' but colleague's coarse language is no worse than Trump's
(DBN)

Inside Trump’s fake news recidivism
(DBN)

Trump confirms he's willing to keep government shut down for "years"
(DBN)

Syria conflict: Bolton says US withdrawal is conditional • US withdrawal from Syria won’t happen without a deal to protect the Kurds, White House says
(DBN)

Pentagon Chief of Staff Bails
(DBN)

Trump reportedly said 'f---' several times during a meeting with Nancy Pelosi, and later apologized
(DBN)

Tlaib Won't Back Down from Explicit Remarks
(DBN)

Democrats are Wrong on Defense Spending
(DBN)

Democrats pursue packed agenda in first few days of new Congress
(DBN)

Democrats warn that a formal request for Trump's tax returns may not come quickly
(DBN)

Senate throws hundreds of Trump nominees into limbo
(DBN)

Elizabeth Warren addresses DNA test and Native American heritage during Iowa trip: 'Tribal citizenship is very different from ancestry' • Democrat Warren takes economic message to Iowa in kickoff to 2020 race • "She's not waiting:" Warren heads to Iowa for weekend of campaigning • In Iowa, Elizabeth Warren accents a fight against Trumpism, without focusing on Trump • 'It is a pleasure to blog with you': Elizabeth Warren's early years online • Elizabeth Warren's 2020 campaign kicked off with an Iowa visit that included a selfie stick attack and questions about her recent DNA test • Warren regains footing in Iowa blitz
(DBN)

Biden reportedly thinks he has the best chance to beat Trump
(DBN)

Michelle Obama tipped for 2020 White House win with ‘sky high’ approval ratings
(DBN)

GOP Strategist Calls Ocasio-Cortez ‘The Little Girl.’ She Lets Him Have It
(DBN)

Middle-Class Shame Will Decide Where America Is Headed
(DBN)

Former Trump advisor says proposing a wall was the easiest way to get him to discuss immigration
(DBN)

Young Trump supporters told they need to fight terrorism on college campuses by 'exposing Islam' because all Muslims are 'radical'
(DBN)

Hayes criticized for ‘bad faith’ in bankruptcy proceedings
(DBN)

______________

Celebs:

Sheriff Seizes Dukes of Hazzard Actor Property
(DBN)

______________

Economy:

December Employment Report: 312,000 Jobs Added, 3.9% Unemployment Rate • US economy adds 312,000 jobs, wages grow at fastest pace since 2009 • Manufacturing industry posts biggest annual job gain in 20 years • Manufacturing employment in the U.S. is at the same level of 69 years ago • December jobs report shows surprising strength, but doesn't end worries about growth slowdown • The blowout jobs report seems to 'make a mockery' of recession fears, economist says • Comments on December Employment Report
(DBN)

How can the unemployment rate increase if the economy is adding so many jobs?
(DBN)

Public and Private Sector Payroll Jobs During Presidential Terms
(DBN)

Q4 GDP Forecasts: Mid 2s
(DBN)

Lowe's to hire 65,000 people in 2019, including nearly 10,000 permanent associates
(DBN)

Trump's Fed attacks show why markets should set interest rates • Here’s How Powell Regains Control of the Fed’s Narrative
(DBN)

Central banks are not — and never should be — the fixers of last resort
(DBN)

Hispanic Unemployment Rate Hits Record Low in December
(DBN)

Economists ask ‘what recession?’ after ‘blowout’ jobs report • Kudlow on jobs report: "There is no recession in sight" • Stellar jobs report doesn’t mean a recession is impossible
(DBN)

Pessimists Predicting Global Crash in 2020
(DBN)

Powell says Fed ‘will be patient’ with monetary policy as it watches how economy performs • Fed Chairman Powell signals he’s flexible on interest rates but not resigning if Trump asks • Jobs report shows the Fed is not done raising interest rates as market prices out a cut • Powell says Fed 'wouldn't hesitate' to tweak balance sheet reduction
(DBN)

How US Auto Industry Will Be Hit by Tariffs • Trump is wrong on how China tariffs work • Chinese companies cool on annual CES Vegas tech show amid trade war and economic uncertainty • Shilling: Trump Will Win Trade War w/ China • Elon Musk has started building a Tesla Gigafactory in China, and it could let him dodge Trump's trade war • US-China trade war: Beijing says both sides have expressed a desire to hammer out a deal • More stock market carnage could force Trump to make a China trade deal, expert says • Trump's Tariffs Threaten US Jobs • SE Asia Wary of China Problem and the US
(DBN)

Trump steps up border wall tweet storm in his battle with Congress over government shutdown • Trump says only he can make deal to end government shutdown • What the Shutdown Would Look Like if It Happened in Other Industries • The shutdown is about to bite • Delta, United, and JetBlue pilots are warning that flying will become more dangerous as government shutdown continues • TSA airport screeners have been working without pay during the shutdown and now many don't have money to get to work • Report: Hundreds of TSA agents call in sick after 14 days without pay • Trump: I Don't Care Since Furloughed are Dems • Trump says he "can relate" to furloughed federal workers during shutdown • FEC Chair: Shutdown is Just Wasteful • Schumer: Trump threatened to keep the government shut down for 'month or even years' to get border wall funding • Trump Threatens Years Long Shutdown • Trump: 'May declare a national emergency' to build wall • 3 unfortunate ways the government shutdown will hit you where it hurts • Senior Trump administration officials get raises during government shutdown as hundreds of thousands of federal employees remain without paychecks • Trump says talks about border and shutdown will continue • 3 people have died in national parks since the government shutdown began, according to report • Shutdown Hit E-Verify Program Too • IRS Now Hit by Government Shutdown • Rent, mortgage payments are hard to meet for workers entangled in the government shutdown • Here are 5 industries feeling the squeeze from the government shutdown • The force that could end the shutdown • After years of Trump’s dire warnings, a ‘crisis’ has hit the border but generates little urgency • Shutdown watch, day 16: Trump steels himself for a fight • Trump and Pence offered completely different accounts of a meeting to resolve the government shutdown • The shutdown presidency • Here are all the ways the partial government shutdown is impacting the lives of average Americans • National Parks Struggle to Stay Open • National Parks Now Face Years of Damage • Plans for Restroom Cleanup at Natl. Parks • National Park Service to tap into entrance fees to fund operations • The government shutdown is now in day 15 and is now the fourth-longest on record • Acting chief of staff Mulvaney says shut down negotiations have stalled: 'We're back at square one' • The government shutdown is having a greater overall impact on blue states than red states, according to report • Each side accusing the other of giving no ground on US government shutdown • Mulvaney: Trump would build "steel fence" as concession to Democrats • Sanders: Trump "means what he says" about months-long shutdown • Wallace Shuts Down Sanders on Wall
(DBN)

The Impact of the Government Shutdown on the January Employment Report
(DBN)

Ocasio-Cortez suggests individual tax rates as high as 70%
(DBN)

San Francisco prices are so out of control that one hotel is charging the equivalent of $21.25 for a cup of coffee during a conference
(DBN)

Class 8 Big Rig Orders Drop 43% in December
(DBN)

AAR: December Rail Carloads up 2.9% YoY, Intermodal Up 5.0% YoY
(DBN)

Here's the most affluent town in every state
(DBN)

Record Number of Americans Want Out
(DBN)

Texas: Still No. 1 in minimum-wage workers
(DBN)

The untold story of how America’s political leaders crossed the aisle to stave off financial collapse in 2008
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

Why the housing and mortgage crisis is far from over
(DBN)

The top 10 US cities where rents have increased the most
(DBN)

More First-Time Home Buyers Turning to Bank of Mom and Dad
(DBN)

This tech worker says he lived in his startup’s office for a year because he couldn't afford rent in the San Francisco Bay Area
(DBN)

10 Predictions for the Retail Real Estate Sector in 2019
(DBN)

____________

Oil/Gas:

Data: Shocking US Shale Slowdown
(DBN)

Shale Still Vulnerable if OPEC Gets Nasty
(DBN)

______________

Retailing:

Maybe It's Liquidation for Sears • Sears Prepares for Possible Liquidation as ESL Bid Fails • Sears picks liquidator should rescue talks fall through • Sears preps for possible liquidation as Lampert bid fails • Survival of Sears hangs by a thread as ruling on bid for bankrupt retailer is delayed • Sears Still Looks Doomed Even If It Escapes Liquidation For Now • Clock ticking for Sears as chairman's bid falls short: insiders
(DBN)

Sears chairman will be remembered as professional investor who didn't want to invest
(DBN)

If Sears survives, this is what it will look like
(DBN)

Sears hit by senior executive departure as fate hangs in balance
(DBN)

US Trustee Wants Fee Examiner In Sears Bankruptcy
(DBN)

US mall vacancy rate backs off 7-year high, but more store closures on the way
(DBN)

David's Bridal Secures Confirmation For $800M Del. Ch. 11
(DBN)

Charlotte Russe Reassesses Its Future, Including Sale or Bankruptcy
(DBN)

Bon-Ton Stores Hit Bankruptcy Auction Block
(DBN)

Amid prosperity, D.C.’s independent retailers struggle to survive
(DBN)

______________

Student Debt:

Former for-profit college students will have nearly $500 million in student debt wiped away
(DBN)

______________

Travel:

TSA Sick Out: Passengers Missing Flights
(DBN)

United Airlines: No more puppies on its planes
(DBN)

E-cigarette ignites fire on flight to Chicago
(DBN)

Airline orders obese cabin crew: Lose weight or grounded
(DBN)

______________

Aviation:

OneJet's grounding leaves a trail of debt
(DBN)

______________

Religion:

Homosexuality is to blame for abuse, not Catholic church, claims cardinal
(DBN)

______________

New Bankruptcy Opinions
(6 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (22 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (13 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:

Bankruptcy filings are at a 10-year low, but that’s not necessarily good news
(DBN)

______________

Discharge:

Justices To Hear Bankruptcy Fight Over Discharge Violations
(DBN)

______________

Healthcare:

Nancy Pelosi launches House effort to help save Obamacare in Texas court case
(DBN)

Americans are sicker and dying younger, despite the billions pouring into digital health
(DBN)

______________

Electricity:

PG&E Bankruptcy Talk Sets Stage for a Showdown With California • Report: PG&E considers bankruptcy filing due to potential wildfire liability • PG&E stock plummets after report it's eyeing bankruptcy filing • PG&E's stock plunges 19% premarket after reports co. is eyeing bankruptcy, asset sales
(DBN)

Devastating Wildfires Force California's Largest Utility To Plan Sale Of Gas Assets
(DBN)

As Fires Ravaged California, Utilities Lobbied Lawmakers for Protection
(DBN)

Insurance companies sue PG&E over California wildfire damages
(DBN)

______________

Climate:

Antarctic Sea Ice in Record Low Territory
(DBN)

Sea Level Rise Prediction Now Seems Unlikely
(DBN)

AZ: Our current drought is worse than most megadroughts, new study says
(DBN)

______________

Personal Finance:

This is how your workload really affects your kids
(DBN)

How to navigate a late-career job loss
(DBN)

People who saved for retirement are being punished by Social Security taxes
(DBN)

______________

Autos:

Ghosn Turns Down Request to Sign Confession • Son of ex-Nissan head Carlos Ghosn predicts court surprises
(DBN)

Why car payments are on the rise as gas prices fall
(DBN)

Ford Recalls Over 953,000 Vehicles to Replace Takata Inflators
(DBN)

Ford Asks Court to Liquidate Reagor Dykes • Ford Credit won’t approve proposed RDAG reorganization, asks to seize assets
(DBN)

______________

Maritime:

Bourbon Offshore Extends Deal to Defer Debt Repayment
(DBN)

______________

Tech:

Apple has way bigger problems than China, analysts say • Apple's China Problem Isn't Just the Economy. Chinese Rivals Are Gaining, Too
(DBN)

Trump says he’s not concerned about Apple because it builds products in China
(DBN)

Here’s why Warren Buffett could be losing billions on his Apple stock
(DBN)

Chinese Investors Fleeing Silicon Valley
(DBN)

______________

Banking:

Wells Fargo: An Embarrassment to Banking • Wells Fargo Will Never Secretly Sell Pet Insurance To Unwitting Customers Without Cats In This State Again!
(DBN)

______________

UK:

Say goodbye to tea and carrots: 80% of British food is imported so there will be food shortages if there's a no-deal Brexit, HSBC tells clients • British Parliament Gears Up for Crucial Brexit Vote • Theresa May warns UK is headed for 'unchartered territory' if MPs defeat her Brexit deal • UK PM Pleads with EU to Give Ground on Brexit • More than 200 MPs join forces to block May from a no-deal Brexit • £800M in Assets Shifted Out of UK Over Brexit • Brits Want to Vote Again and Stay in the EU
(DBN)

Fraud trial kicks off for former Barclays CEO, who could face 10 years in prison for events around the 2008 financial crisis
(DBN)

______________

Canada:

Insolvencies up in Canada in November, Alberta helping lead the way
(DBN)

______________

PIIGS:

The death of Venice? City’s battles with tourism and flooding reach crisis level
(DBN)

______________

China:

China says 'social and economic consequences' will follow projected population peak of 1.44 billion in 2029
(DBN)

JPMorgan says China hasn’t done enough to stimulate its economy
(DBN)

China's Slowdown: How Worried Are We?
(DBN)

______________

MENA:

Saudi court to hold first hearing on AHAB dispute under new bankruptcy law- Maal
(DBN)

Goldman Sachs Asks What If Lebanon Is Forced to Restructure Debt
(DBN)

5 Face Execution in Khashoggi Killing
(DBN)

______________

India:

NBFC crisis: Running on empty
(DBN)

The Fate of an Operational Creditor: A Brief Update
(DBN)

______________

Mozambique:

Hidden Debts - Ematum - a Fraud From the Start
(DBN)

______________

Czech Republic:

Czech democracy ‘under threat’ from rising debt crisis
(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 Daily Bankruptcy News on the web by clicking here.

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 $64/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 reach us at 281-402-3957 or 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