July 18, 2019

The Daily Bankruptcy News

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Law:

Biglaw Firm Decides To Favorably Cite The 3/5ths Clause In What We Only Hope Was A Research Fail
(DBN)

It’ll Be Easier To Go To The Moon Again Than To Close The Gender Parity Gap In Law
(DBN)

Clifford Chance adds partner Michelle McGreal to its US Financial Restructuring Group
(DBN)

Sanctions Shift Sparks Boon for Big—and Little—Law
(DBN)

Lawyer is accused of creating sham secured creditor to shield client assets
(DBN)

Appeals court blocks lawyer’s contempt arrest for failing to return law firm files
(DBN)

Starting A Law Firm = Life On The Wire
(DBN)

Feds end probe of hush money that Trump lawyer Cohen directed to Stormy Daniels, Karen McDougal
(DBN)

Jeffrey Epstein’s Legal Aftermath More Questions About How Jeffrey Epstein Got Island-Owning Rich Jeffrey Epstein reportedly used $128,000 from his nonprofit science foundation to pay the Palm Beach County Sheriff's Office for off-duty deputies who guarded him during his work release Epstein's wealth afforded him bounty of perks while serving time in Florida
(DBN)

Attorneys for alleged Harvey Weinstein victim will do 'everything in their power' to fight tentative $44 million settlement 'Untouchable' Trailer: Harvey Weinstein Accusers Say Hollywood "Enabled" Abuse No, Obama didn't give the Presidential Medal of Freedom to Cosby, Weiner and Weinstein
(DBN)

How Abusers Use the Courts Against Their Victims
(DBN)

House votes to hold Barr and Ross in criminal contempt
(DBN)

Slim Majority Support Deportation Raids New asylum rule is quickly challenged in two lawsuits
(DBN)

A city in Florida is blasting 'Baby Shark' overnight to keep homeless people from sleeping in parks
(DBN)

He Killed an Unarmed Man, Then Claimed Disability
(DBN)

Habitual drunkard law is struck down by full appeals court in closely divided opinion
(DBN)

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Judges:

One of John Paul Stevens’s last big ideas: repealing the 2nd Amendment The Impartial Justice T14 Law School Dean Remembers Justice John Paul Stevens As A ‘Judge’s Judge’ Stevens, Approved for High Court in 19 Days, Marked Bygone Era Justice Stevens Was Brilliant, Modest and Unafraid of Change Five opinions that show Justice John Paul Stevens' greatness Justices recall Justice John Paul Stevens as kind and decent; Kavanaugh shows no bitterness Thank (or blame) John Paul Stevens for your binge-watching habit Stevens Didn’t Go Far Left. The Court Went Far Right
(DBN)

GOP May Sink Another Judicial Nominee
(DBN)

Former Texas Judge Quits GOP Over Trump
(DBN)

Rape Case Judge Resigns Over Comments
(DBN)

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Wall Street:

Stock markets flat amid new China pessimism,
(DBN)

Stocks notch back-to-back losses and Dow transports shed 3.6%
(DBN)

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Politics:

Biglaw Is Cleaning Up This Democratic Primary Season
(DBN)

Sen. Warren’s Good Work for Dow Chemical
(DBN)

Maybe Inequality Isn’t What’s Making People Mad
(DBN)

New 1992 Mar a Lago video surfaces of Trump partying with Jeff Epstein and grabbing a woman's butt
(DBN)

Track the 2020 Democrats' Q2 fundraising 5 winners and 18 losers from the Democratic presidential fundraising quarter
(DBN)

New polling indicates Republicans actually like Trump more following racist tweet controversy Trump supporters chant 'send her back' as the president attacks Ilhan Omar at rally in North Carolina
(DBN)

Inside Trump's Feud with Paul Ryan
(DBN)

Chinese Trawler Sinks Filipino Boat. Duterte Wants US to Send 7th Fleet
(DBN)

Trump’s Record Second Quarter Fundraising Total Not-So Grand Compared To Democratic Field’s
(DBN)

President Trump is reportedly taking a personal interest in the $10 billion Pentagon cloud contract that Amazon is widely expected to win
(DBN)

The House just voted down articles of impeachment for President Trump About 40% of House Dems broke rank on impeachment vote Democrats divided as House to vote on whether to consider Trump impeachment
(DBN)

Jon Stewart: Rand Paul blocking 9/11 Victim Fund bill is an abomination The battle over extending the September 11th Victim Compensation Fund, explained
(DBN)

America's Road to Reputational Ruin
(DBN)

Iraqi Christians Feel Conned by Trump
(DBN)

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Autos:

Disruption and scandal set backdrop to auto talks
(DBN)

Bank Repossess Cars from Dallas Dealer
(DBN)

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Crypto:23d

California Democrat says Facebook’s currency may do more to endanger America than 9/11
(DBN)

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Non-Profits:

His Job: Running Shelters for Young Migrants. His Pay: $3.6 Million.
(DBN)

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Food/Beverage:

Family-owned San Antonio food company may go on sales block
(DBN)

Farewell to Dean & DeLuca, New York’s Food Utopia
(DBN)

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Coal:

Blackjewel permit to remain in limbo as mines’ outlook worsens
(DBN)

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Environmental:

Bankruptcy settlement announced at U.S. magnesium superfund site in Utah
(DBN)

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Economy:

Earlier Fed's Beige Book: Economic Growth "Modest", Labor Market "Tight"
(DBN)

The economic signs are moving against the Fed’s expected rate cut: ‘It just doesn’t smell right’
(DBN)

Reasons to Fear US' $70 Trillion Debt Pile
(DBN)

Kevin O’Leary: Based on my ‘Shark Tank’ firms, ‘I’ve never seen a stronger economy in my life’
(DBN)

CEO of railroad giant CSX says the economy is the ‘most puzzling’ he’s seen as stock plummets
(DBN)

An Illinois Goodwill will reportedly stop paying employees with disabilities as state sets $15 minimum wage
(DBN)

Japan, US Eye Limited Trade Deal Japan's Trade War as Futile as Trump's China to Trump: Make Up Your Mind if You Want a Trade Deal
(DBN)

Blue states file suit against IRS over rules on SALT workarounds
(DBN)

Fears about a looming retirement crisis are overblown — and these numbers prove it
(DBN)

China Is a bigger problem for the global economy than you think, Rupal Bhansali says
(DBN)

The Economist Who Would Fix the American Dream
(DBN)

The Financial Calamity That Is the Teaching Profession
(DBN)

Christine Lagarde Resigns as Head of IMF
(DBN)

After a great start to earnings season, overall profits are no longer expected to decline
(DBN)

Here’s what needs to happen for Congress to raise the debt ceiling and avoid default
(DBN)

Which Consumer Is Real, the Banks’ or Powell’s?
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

Bankruptcy Sales and Mortgage Boo-Boos: Timing Can Make All the Difference in the World
(DBN)

Median home price climbs to all-time high
(DBN)

Pitfalls for Community Associations When an Owner Files Bankruptcy
(DBN)

Foreign purchases of American homes plunge 36% as Chinese buyers flee the market
(DBN)

AIA: "Design services demand stalled in June, Project inquiry gains hit a 10-year low"
(DBN)

Housing Starts at 1.253 Million Annual Rate in June Comments on June Housing Starts
(DBN)

The other housing crisis: Abandoned homes
(DBN)

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Municipalities:

Puerto Rico Rises
(DBN)

Puerto Ricans in Protests Say They’ve Had Enough
(DBN)

Puerto Rico police use tear gas on protesters during mass rally
(DBN)

Paying attention to Puerto Rico’s problems
(DBN)

Puerto Rico faces tougher scrutiny over federal Medicaid funding
(DBN)

____________

Oil/Gas:

Houston energy co. exits second bankruptcy with new name, $500M less debt
(DBN)

Louisiana frac sand co. files $128M bankruptcy in Houston
(DBN)

Frac Sand Producer In Wisconsin Declares Bankruptcy
(DBN)

Analyst: Weatherford's bankruptcy stemmed from decisions made before 2015
(DBN)

Oil producer says lack of fresh water to blame for bankruptcy filing
(DBN)

America's Shale Boom Begins to Sputter
(DBN)

Oil service firms eye new survival tactics amid weak U.S. market
(DBN)

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Travel:

A video shows an airline passenger using his toes to swipe through in-flight entertainment options and people are horrified
(DBN)

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Aviation:

‘My life has no meaning.’ Man whose family was killed in 737 Max crash slams Boeing
(DBN)

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Electricity:

New Details in PG&E Bankruptcy Bonus Battle
(DBN)

Ohio Senate to vote on bill to save state's nuclear power plants
(DBN)

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Skiing:

Amid bankruptcy, bank wants snowguns sold
(DBN)

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Football:

Bankrupt former football league owes Memphians money months after folding
(DBN)

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Newspapers:

Local news deserts are getting some relief
(DBN)

____________

Television:

Netflix reports drop in U.S. subscribers, its first ever, raising concern about its future
(DBN)

____________

Pharma:

3 drugmakers dominated opioid supplies as 76B pills flooded the U.S.: report
(DBN)

Arizona lawsuit names former opioid manufacturer executives
(DBN)

The Sacklers made billions off the opioid crisis. The Louvre is taking their name off its walls.
(DBN)

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Banking:

Interim Wells Fargo CEO, Formerly Of Cravath, Uses Earnings Call To Remind Everyone He’s Doing A Great Job That He Hates
(DBN)

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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 (24 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (7 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:

April Bankruptcy Filings Increased From 2018
(DBN)

Bubble Watch: Southern California bankruptcies rise for 1st time in 8 years
(DBN)

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Contracts:

Ramming Bow Contracts
(DBN)

____________

Fraud:

Another $860 million recovered for Madoff customers in Kingate settlement: trustee Madoff Trustee Reaches $860 Million Accord With Kingate Funds
(DBN)

____________

Agribusiness:

Farmers face tough choices, attorney seeing more bankruptcy cases
(DBN)

Weather to Take Toll on Late Planted Corn
(DBN)

____________

Climate:

Climate Change to Hit Texas Hard
(DBN)

____________

Student Debt:

A Student Loan Bailout Would Substantially Impact The Legal Public Sector
(DBN)

The Florida U.S. Bankruptcy Court created a program to help students with student loan debt
(DBN)

Senators Push "Income Share" Alternative to Student Loans
(DBN)

Josh Hawley to Introduce Bill That Would Hold Universities Financially Liable for Defaulted Student Loans
(DBN)

Pete Buttigieg Embraces the Idea of Student Loan Debt Cancellation
(DBN)

____________

Healthcare:

Hahnemann wants to stop taking new patients Friday
(DBN)

Four Philadelphia health institutions seek to save St. Christopher’s Hospital for Children
(DBN)

Number of US overdose deaths appears to be falling
(DBN)

FactCheck: Bernie's Medicare Plan
(DBN)

____________

Crypto:

The Taxman Is Contacting People About Their Cryptocurrency Transactions
(DBN)

____________

Retailing:

Here We Go Again. Can Barneys Survive In Luxury's New World?
(DBN)

Has Forever 21 lost touch with teen shoppers?
(DBN)

____________

Religion:

West Virginia Diocese agrees to hire new auditor and make findings public
(DBN)

Facing dire financial situation, Pittsburgh diocese looks to make changes
(DBN)

Embattled Crookston diocese reaches $5m abuse settlements, will release depositions and files
(DBN)

____________

Taxis:

Taxi medallion auction price hits new low
(DBN)

____________

Pensions:

Retirement Security: Trends in Corporate Restructurings and Implications for Employee Pensions
(DBN)

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Celebs:

RHOBH's Dorit Kemsley Says She Froze Her Own Bank Account Before Judge's Order
(DBN)

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Publishing:

Ebony and Jet magazines transformed the narrative of black America. Now, their photo archive is up for sale.
(DBN)

____________

UK:

Personal insolvencies grow third year in a row in England and Wales
(DBN)

More women now forced into insolvency than men and it will stay that way
(DBN)

Insolvency pair from Bury are both banned
(DBN)

____________

PIIGS:

Plaintiff in Sean Dunne US bankruptcy case seeks another €25.2m
(DBN)

____________

India:

Govt clears 7 amendments to insolvency law; resolution plan binding on all Relief for banks as Modi govt moves to reform Insolvency and Bankruptcy Code Modi govt’s move to amend bankruptcy law is bold and necessary IBC recovery: Cabinet puts financial creditors back on top again
(DBN)

330-day deadline for insolvency resolution
(DBN)

____________

Belgium:

SHS Aviation Antwerp has filed for bankruptcy
(DBN)

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