July 2, 2019

The Daily Bankruptcy News

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Law:

Fewer Big Law Firms Require Mandatory Arbitration for Associates
(DBN)

Big Law’s Summer Job Is Launching ‘New Law’ Competitors
(DBN)

Davis Polk Names New Bankruptcy Partner
(DBN)

BigLaw firm earns top spot for number of female attorneys; what other firms made the cut?

Goodwin Adds Paris-Based Partner Céline Domenget Morin to its Global Financial Restructuring Practice
(DBN)

Law School Makes ‘Significant’ Tuition Cuts To Compete For Students
(DBN)

The Most Expensive Law School In The Country
(DBN)

Yet Another Biglaw Firm Ranking For Those That Like To Count
(DBN)

South Florida: A Destination For Associates To Call Home
(DBN)

Can A State Copyright The Law? SCOTUS Will Decide
(DBN)

Wachtell, Kirkland Dominate Deal Market in First Half of 2019
(DBN)

Get to Know... Ingrid C. Palermo
(DBN)

Justin Fairfax Leaves Morrison & Foerster After Misconduct Probe Justin Fairfax Exits Morrison & Foerster After Investigation
(DBN)

State supreme court calls out BigLaw lawyer for failing to stanch evasive client’s ‘deposition fiasco’
(DBN)

Young Lawyers Division honors top 40 young lawyers for 2019
(DBN)

MetLife Wants To Ax Ex-Weil Partner's Disability Benefits Suit
(DBN)

Silicon Valley Execs May Be Drawn to Legal Tech as Revenues Rise
(DBN)

Man charged with online threat to lynch Muslim lawyer
(DBN)

The new GOP attacks on Mueller will backfire on Trump - bigly Republicans Prepare to Badger Mueller at First Public Hearing Trump's House allies lie in wait for Mueller GOP Rep. Louie Gohmert has an NSFW way of expressing his displeasure with Robert Mueller Gohmert Calls Mueller a . . . “It's the End of My Presidency”: Movie Stars Channel Mueller Team Trump’s Game Plan to Destroy Mueller: Hound Him About ‘FBI Lovers’ What Do The ‘Gay Panic’ Defense And Pardoning Manafort Have In Common?
(DBN)

House Lawyers Rebuff Trump's 'Disdain' for Oversight, Urge Court to Uphold Subpoena
(DBN)

Federal judge orders intervention in Texas detention centers holding immigrant children Inside the secret Border Patrol Facebook group where agents joked about migrant deaths and posted sexist memes about Alexandria Ocasio-Cortez Border Patrol head condemns agents’ offensive Facebook posts What's in the $4.6 Billion Border Aid Bill Half a million American minors now live in Mexico House members visiting migrant detention centers amid reports of deplorable conditions Girl Recalls Poor Care in Border Station 'It is our fault,' admits El Salvador's president after photo of drowned migrants sparks outrage Ocasio-Cortez calls conditions in Texas migrant center "horrifying" AOC says migrants forced to drink toilet water after tense border visit US Border Agents Feared Riots Border crossing shut down after 'large and unruly group' forms in Mexico
(DBN)

Trump: Census needs citizenship question to find out who's illegal
(DBN)

A man who claimed to be a substitute teacher at a Texas high school during a 2018 shooting told a harrowing story of survival — but the school district says he never worked there
(DBN)

Synagogues are now conducting active shooter drills during services
(DBN)

Man who thought he killed werewolf pleads not guilty by reason of insanity
(DBN)

Apparently Some People DON’T Think You Should Be Charged With Manslaughter For Getting Shot In The Stomach
(DBN)

Lawyer Tries To Beat Flooding Case By Arguing, ‘What If It Never Rains Again?’
(DBN)

Texas woman admits she addressed package bombs to Obama, Texas governor
(DBN)

FactCheck: Prison phone companies charge as much as $25 for a 15-minute call
(DBN)

Man Accused of Feeding Meth to 'Attack Squirrel' Arrested
(DBN)

Man Arrested For McDonald's Condiment Attack
(DBN)

Uber Driver Busted After Police Catch Him Taking A Joy Ride
(DBN)

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Judges:

People Still Use WordPerfect?
(DBN)

Former bankruptcy judge named to Illinois Human Rights Commission
(DBN)

Trump to Get Another 9th Cir. Appointment, Jay Bybee Seat Opening
(DBN)

Trump Taps Walmart Exec, Former Kirkland Attorney for Judge Post
(DBN)

Judge Attempts To Break World Record For Judicial Ethics Violations
(DBN)

Michigan High Court Removes Embattled Judge From Bench
(DBN)

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Wall Street:

Dow Futures Drift Lower as Growth Concerns Offset U.S.-China Trade Relief
(DBN)

S&P Ends at Record Close
(DBN)

Stocks surge on US-China trade cease-fire; S&P 500 hits new record
(DBN)

Dealmakers for the Rich Face a ‘Kodak Moment,’ UBS Banker Warns
(DBN)

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Layoffs:

Opendoor lays off 50, asks hundreds to relocate to Phoenix
(DBN)

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Politics:

The First First Gentleman Could Be This Law Prof
(DBN)

Fox News host Tucker Carlson says Kim Jong Un's atrocities in North Korea are part of the job, as ruling a country 'means killing people'
(DBN)

Kamala Harris ties Warren for third place in post-debate poll There's a Generational Shift in the Debate Over Busing ‘Her ambition got it wrong about Joe’: Harris faces debate backlash
(DBN)

CNN Poll: Harris and Warren rise and Biden slides after first Democratic debates
(DBN)

Here's who has the best chance of becoming the 2020 Democratic presidential nominee
(DBN)

'Being someone's daughter actually isn't a career qualification': Alexandria Ocasio-Cortez knocked Ivanka Trump for her diplomacy attempts with world leaders White House Officials Perplexed by Ivanka Awkward moment at G20 prompts slew of Trump parodies Inside Ivanka’s Dreamworld
(DBN)

Trump congratulates New Jersey lawmakers for balking at a tax increase on millionaires
(DBN)

Trump: Tanks will feature in Fourth of July event in D.C.
(DBN)

Schumer calls Trump's meeting with Kim "reality show foreign policy" South Korea’s Moon says Trump-Kim summit marks a new "era of peace"
(DBN)

Why Joe Biden's history on busing matters
(DBN)

Trump reportedly wants tanks on the National Mall for his July 4th blowout in DC
(DBN)

Harvard Law School’s Own Larry Tribe Is Deeply Concerned About The Next Shoe That’s Going To Drop
(DBN)

Duncan Hunter Tries The ‘Bonin’ All Those Lobbyists For My Constituents’ Defense Judge: Rep. Duncan Hunter's Affairs are Admissible
(DBN)

Study suggests Russian social media trolls had impact on 2016 election
(DBN)

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Autos:

Reagor-Dykes submits reorganization plan ahead of July 11 hearing
(DBN)

Tesla's VP of production has left the company for a competitor — here are all the key names who have departed in recent months
(DBN)

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Maritime:

Offshore Vessels Are Down But Not Out
(DBN)

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Awards:

TMA Announces Winners of the 2019 TMA Turnaround and Transaction of the Year Awards
(DBN)

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Economy:

Parts of US Trapped in Catch 22 Economics
(DBN)

Rich Got Richer. Everyone Else, Not so Much
(DBN)

$13 Trillion in Negative Yield Bonds Globally
(DBN)

ISM Manufacturing index Decreased to 51.7 in June
(DBN)

Early-Stage Delinquency Rates Show Slight Increase over Past Couple Years
(DBN)

American Pride Hits New Low; Few Proud of Political System
(DBN)

Roubini Lives Up to ‘Dr. Doom’ Alias With Global Recession Call
(DBN)

Trump has long promised to boost US manufacturing — but his trade war just pushed a closely watched gauge to a more than 2-year low
(DBN)

Why Trump is ignoring a historic economic number and celebrating an iffy one
(DBN)

50 maps that explain how America lives, spends, and believes
(DBN)

Billionaire Home Depot co-founder reveals plans to give away up to 90% of his wealth, with most going to philanthropy and some to President Trump
(DBN)

U.S. threatens to hit EU with $4 billion in additional tariffs US Wants to Turn China Into Another Japan
(DBN)

A look at global generational growth
(DBN)

FactCheck: The typical black family in this country has one-tenth the wealth of the typical white family
(DBN)

Freight Slowdown Is A Terrible Sign For The Economy
(DBN)

Factories across the world are under pressure
(DBN)

The States That Are Falling Apart
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

30 Year Mortgage Rates at 3.875%
(DBN)

Here's why falling mortgage rates won't spark recovery in the housing market
(DBN)

Framing Lumber Prices Down 35% Year-over-year
(DBN)

Construction Spending Declined in May
(DBN)

Record Low National Delinquency Rate, Early Delinquency Rate Increasing
(DBN)

Wilmington navigates Hermitage bankruptcy
(DBN)

St. Louis: Owner of vacant laboratory buildings files bankruptcy
(DBN)

Live Well Financial forced into Chapter 7 Live Well CEO claims he owes creditor nothing
(DBN)

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Municipalities:

Bankrupt Puerto Rico hit with new spending curbs by oversight board
(DBN)

Puerto Rico board legitimacy first up in Supreme Court's new term
(DBN)

Constitutionality of $16 billion of Illinois bonds challenged Hedge fund, IPI chief sue Pritzker to void $14 billion of state debt Hedge Fund Sues Pritzker to Void $14 Billion of State Debt
(DBN)

Trump paints dark picture of homelessness in cities: 'We may intercede'
(DBN)

The Best and Worst Run Cities in America
(DBN)

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Oil/Gas:

Weatherford files for bankruptcy protection Weatherford files $8.3B bankruptcy in Houston Weatherford Commences Voluntary Chapter 11 Process Summary: New Chapter 11 Filing - Weatherford International Plc First Day Dec First Day Dec (2) First Day Dec (3)
(DBN)

Why so many upstream energy cos. are having trouble — and why more might file for bankruptcy
(DBN)

U.S. Drilling Slowdown Triggers Oil Bankruptcy
(DBN)

Halliburton and Other Drillers Are Fighting for New Life in a World of Cheap Oil
(DBN)

12 States That Just Raised Their Gas Tax
(DBN)

Too Many Fossil Fuel Plants for Climate Goals
(DBN)

Almost half of all cars sold in Norway in 2019 are electric cars
(DBN)

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Climate:

Freak summer hailstorm buries Mexican city under five feet of ice
(DBN)

Fossil fuel plants will push world across dangerous climate limit, research finds
(DBN)

Cities are starting to calculate the climate impacts of food, clothing, and services
(DBN)

Precipitous Fall in Antarctic Sea Ice
(DBN)

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Healthcare:

Will Hahnemann’s bankruptcy pave the way for a stable St. Christopher’s children’s hospital?
(DBN)

Some seniors pay more for generic drugs than brands
(DBN)

Sherman Oaks Clinic Owner Charged With Healthcare Fraud
(DBN)

KY. Court Bars Unvaccinated Kids from School
(DBN)

The American Medical Association Is Taking a More Aggressive Approach on Abortion Legislation
(DBN)

New Study Sheds Light On Tired, Overworked Nurses: 1 in 8 Takes Meds To Help Stay Awake
(DBN)

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Crypto:

Mt. Gox Vulnerability Covered Up by Founder McCaleb, Lawsuit Alleges
(DBN)

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Religion:

New York Archdiocese sues to force insurers to cover sexual-abuse claims
(DBN)

Amid abuse scandals, Vatican upholds confession secrecy
(DBN)

Creditors group seeks info on church foundation's assets
(DBN)

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Music:

Can Baltimore Save Its World-Class Orchestra?
(DBN)

Lakeside Chamber Players face critical money crunch
(DBN)

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Paper:

Cascades announces agreement for the acquisition of Orchids Paper Products assets
(DBN)

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Home Security:

Firm behind Brinks Home Security files voluntary bankruptcy to restructure debt DFW company files for bankruptcy, aims to eliminate nearly $900M in debt
(DBN)

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Nanotech:

NanoMech looks to expand investigation into former CEO Jim Phillips
(DBN)

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Hedge Funds:

Neil Woodford Politely Informs Investors That They Can Get Their Money Out Of His Hedge Fund When He Damn Well Feels Like It
(DBN)

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Agribusiness:

Crop Conditions Still Lag
(DBN)

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Taxis:

Uber's Secret Meetings with Labor Unions
(DBN)

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New Bankruptcy Opinions
(3 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (34 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (9 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:

'What caused the bankruptcy?' — a day with debtors in Tampa Bay bankruptcy hearings
(DBN)

Weekly Bankruptcy Claims Trading Activity
(DBN)

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Insolvency:

Establishing Corporate Insolvency: The Balance Sheet Insolvency Test
(DBN)

Simple Insolvency Detection for Publicly Traded Firms
(DBN)

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Mass Torts:

Judge Silverstein Imposes Heightened Standard Regarding Appointment of Future Claims Representative
(DBN)

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Intercreditor:

Third Circuit Affirms Rulings That Distributions to TCEH First Lien Creditors Are Governed by the Bankruptcy Code Rather Than Intercreditor Agreement Waterfall Provision on Enforcement of Collateral Remedies
(DBN)

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Advisors:

McKinsey faces an uphill fight over the value of advice
(DBN)

FTI Consulting to Acquire Andersch AG
(DBN)

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Corporate Governance:

Delaware Supreme Court Reverses Dismissal of Caremark Claim, Finding Lack of Board-Level Oversight and Director Independence
(DBN)

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Litigation:

Dentons Wins $7.4M in Fees, Costs Despite Litigation-Finance Agreement
(DBN)

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Cybersecurity:

Buckle up Directors: Cybersecurity Risk and Bankruptcy Risk Are Not Mutually Exclusive
(DBN)

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Coal:

Two Wyoming coal mines close, send 700 workers home after bankruptcy filing Rumors Swirl Following Blackjewel's Bankruptcy Announcement Blackjewel Cash And Market Struggles Leads To Bankruptcy Filing US coal producer Blackjewel files for Chapter 11 bankruptcy Owner of two Wyoming coal mines files for bankruptcy Major Appalachian Coal Company Files For Bankruptcy Protection
(DBN)

As coal crumbles, Dem asks what about the miners?
(DBN)

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Food/Beverage:

Celis Brewery files for bankruptcy protection, heads off foreclosure sale
(DBN)

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Electricity:

Is Newsom plan a utility bailout?
(DBN)

Deadline is blown, but Ohio nuclear plant operators say there’s still time for bailout
(DBN)

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Fraud:

June 2019 Ponzi Scheme Roundup
(DBN)

Three years after bankruptcy, Southern Season investors face another fraud suit
(DBN)

Ex-Shamrock Jewelers owner gets 2-year sentence in briefcase fraud
(DBN)

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Student Debt:

Student loan debt: Here are 7 ways the $1.6 trillion toll affects the U.S. economy
(DBN)

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Pharma:

5 State AGs Oppose Bankruptcy Stay in Their Opioid Cases Against Insys
(DBN)

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Education:

Are Small Private Colleges Worth the Money?
(DBN)

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Environmental:

The war on Southern California smog is slipping. Fixing it is a $14-billion problem
(DBN)

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Sovereigns:

“My companions on the trip who had indulged in breakfast lost everything but their regrets"
(DBN)

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UK:

One in five councils face drastic spending cuts within months Third of councils face crisis in key services by 2022
(DBN)

Meet the German bankrupt with a criminal record at the heart of the Mayfair fund crisis
(DBN)

Arcadia Group CVAs: given the green light
(DBN)

Body in London Garden Fell from Airliner
(DBN)

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MENA:

Here's what's in the landmark nuclear deal that Iran just violated amid tensions with Trump White House says "maximum pressure" on Iran will continue after uranium breach
(DBN)

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Canada:

Insolvency On The Rise In British Columbia
(DBN)

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Hong Kong:

Hong Kong police move to forcibly clear thousands of protesters occupying legislature complex
(DBN)

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India:

Unrelated parties under no obligation to furnish information under Section 19 of Insolvency Code, NCLT
(DBN)

Jet Airways crisis: Hindujas likely to bid for grounded airline in a week Debt-ridden Air India may not have funds to pay salary to employees Debt-laden Air India can pay employees' salaries till October only
(DBN)

This Jet Airways aircraft lease pits Indian bankruptcy code against international ones
(DBN)

Debt-laden companies, financial players see most action ahead of B-Day
(DBN)

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Australia:

Piper Alderman attracts insolvency partner
(DBN)

Can Your Insurer Rely On An Insolvency Exclusion?
(DBN)

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