July 22, 2019

The Daily Bankruptcy News

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Law:

Two Law Firm Subsidiaries Stand Out as Clients Embrace Alternatives
(DBN)

Big Law Is Slow to Change. That’s an Opportunity
(DBN)

The Shocking Lack of Lawyers in Rural America Legal crisis looming in rural New York
(DBN)

Take a Long Parental Leave and Make Partner? Dream On, Baby
(DBN)

Debt Finance Lawyer Lucas Charleston Joins Akin Gump in New York
(DBN)

What Does Eugene Scalia's Labor Nomination Mean for Gibson Dunn?
(DBN)

Jerk Partners Beget Jerk Partners: Ending Big Law's Cycle of Dysfunction
(DBN)

This Biglaw Firm Has Been On Top Of The Intellectual Property Game Since The 1880s
(DBN)

Michigan Law Alumni and Bankruptcy Law: A Winning Combination
(DBN)

Alan Dershowitz Says He Has A ‘Perfect Sex Life,’ Answering The Question Literally No One Asked
(DBN)

Students Seek Ouster of Penn Law Professor Over Race Uproar
(DBN)

Jerry Nadler asks Hope Hicks to clarify her “inconsistent” testimony about hush payments Nadler says this week’s Mueller hearings will show evidence of Trump’s wrongdoing Mueller Has Evidence of High Crimes
(DBN)

Japanese Americans Protest Holding Kids at Fort Sill The Border Patrol–to–Emergency Room Pipeline Ocasio-Cortez calls for an independent investigation into child separation policies During Pompeo's visit, El Salvador's new president says migrant problem 'starts with us' Trump seeks Supreme Court help on building border wall quickly Border Deaths Declined in Trump's First 2 Yrs Trump has not built a single mile of new border fence after 30 months in office
(DBN)

Police officers illegally use information from arrests that have been sealed, lawsuit says
(DBN)

Part Kafka, Part Keystone Kops - The ACLU has stopped border agents from demanding ID after domestic flights
(DBN)

Judge Decides Jeffrey Epstein Will Have To Find More Billionaire Investors In GenPop “The Girls Were Just So Young”: The Horrors of Jeffrey Epstein’s Private Island Meet the woman who ties Jeffrey Epstein to Trump and the Clintons Jeffrey Epstein Pitched a New Narrative. These Sites Published It Pilot’s deleted Instagram sheds light on jet-setting Epstein’s travels Epstein Saga Enters New Phase. Will Anyone Else Be Ensnared? Investigator has spent a decade on Epstein's trail Deputies were told to leave Epstein's jail cell door unlocked and were paid to 'provide security' during his work release Jeffrey Epstein lost interest when girls ‘lost their braces’: detective The Complicated Orbit of Jeffrey Epstein
(DBN)

7th Circuit won’t overrule precedent barring female inmate’s challenge of strip searches as training exercise
(DBN)

Panel orders federal judge to reconsider Trump appeal
(DBN)

Student who wore gorilla mask to Black Lives Matter rally is acquitted of intimidation charges
(DBN)

A Murderer Deemed Too Old for Violence Was Just Convicted of Another Killing
(DBN)

States must close their debtors' prisons for kids
(DBN)

States with More Gun Owners Have More Murders in the Home
(DBN)

Police posted thousands of offensive memes on Facebook. Now some of them are being fired Ocasio-Cortez ‘needs a round,’ Louisiana officer posts on Facebook
(DBN)

Lawyer Who Was Lead Plaintiff In New York Stop-And-Frisk Case Is Still Getting Stopped And Frisked
(DBN)

Judge: Sell Seized Ship for Warmbier's Parents
(DBN)

Man had leg amputated after being shot by dog
(DBN)

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Judges:

Judge resigns after complaint about romance with attorney in his court
(DBN)

Judge suspended after wrongly trying to help acquaintances
(DBN)

Justice Kagan Is Super Peeved Her Colleagues On The Supreme Court No Longer Care About Precedent
(DBN)

Kagan, and Maybe Kavanaugh, Join Roberts in High Court’s Center
(DBN)

Judge Caught On Camera While Allegedly Strangling Courthouse Employee
(DBN)

Justice Stevens at oral argument: Often fatal; always kind John Paul Stevens to lie in repose at Supreme Court on Monday
(DBN)

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Wall Street:

Futures edge higher ahead of bumper earnings week
(DBN)

Stocks close lower as Fed seen signaling only modest rate cut, Iran seizes tankers
(DBN)

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Layoffs:

Lawmakers press Sun Capital on severance for Shopko workers
(DBN)

Over 1,000 seek Wyoming employment help after coal closures
(DBN)

Verifone to lay off 226 employees, outsource services at Lincoln office by August
(DBN)

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Politics:

Elizabeth Warren Has Momentum. Can She Build a Movement? Elizabeth Warren’s latest Wall Street enemy: private equity Sanders and Warren have similar message, but they're battling different weaknesses
(DBN)

'Absolutely shameful': Trump slammed for asking Yazidi activist Nadia Murad how to win a Nobel Prize Trump met with refugees and seemed to learn about major humanitarian crises for the first time
(DBN)

“Incredible patriots” is the new “very fine people”: Trump defends racist chants “Send her back” is where racism and authoritarianism meet Trump Back to Attacking the "Squad" Trump Tells Women to Apologize to America
(DBN)

Trump Wanted White vs. Black for Apprentice
(DBN)

Theodore Roosevelt on Criticizing the President
(DBN)

Trump's NCarolinians Were Ready to Unload
(DBN)

AP Fact Check: Trump team warps Omar words on 9/11, al Qaida
(DBN)

Ex-Reagan Advisor on Trump & Evangelicals
(DBN)

Age of Trump Has Been a Long Time Coming
(DBN)

Trump’s Electoral College Edge Could Grow in 2020, Rewarding Polarizing Campaign
(DBN)

Kagan says opponents of partisan gerrymandering should ‘go for it’
(DBN)

Of Course Donald Trump Is Nominating Justice Scalia’s Son As Labor Secretary Trump’s Labor Chief Pick Scalia No Stranger to the Job
(DBN)

The Misunderstood And Irrelevant Fear Of Socialism
(DBN)

“We’re not ready” for foreign election interference in 2020, says Rep. Adam Schiff
(DBN)

The controversy over Bernie Sanders’s low-paid field staffers, explained
(DBN)

As vice president, Biden said Ukraine should increase gas production. Then his son got a job with a Ukrainian gas company.
(DBN)

The Case of Al Franken
(DBN)

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Coal:

'Our paychecks bounced': workers face uncertainty after mines shut down
(DBN)

West Virginia Bankruptcy Judge Keeps Hope Alive For Displaced Mine Workers In Campbell County
(DBN)

A timeline of the three weeks since Blackjewel declared bankruptcy
(DBN)

Coal bankruptcy ruling could mean $30M hit to Wyoming county
(DBN)

Coal producer Blackhawk files for bankruptcy, seeking August exit Sale of Wyoming mines possible for Blackjewel; judge OKs another $2.9 million Bankrupt US coal company secures short-term funding Not just Kentuckians; Blackjewel bankruptcy impacts more than 1,000 in Wyoming Blackhawk files Chapter 11, joins list of bankrupt coal miners
(DBN)

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Economy:

Trump, Mnuchin May Add Another $2 Trillion in Deficit Spending
(DBN)

Mark Sanford is willing to run against Trump for president if people start talking about the debt
(DBN)

Q2 GDP Forecasts: 1.4% to 2.3%
(DBN)

Don't Cut Rates Until QE Ends
(DBN)

A plan to fix inequality would target CEOs who make 100 times more than their employees
(DBN)

Trump tweets are blowing Fed off course
(DBN)

US-China Trade Talks Could Resume Soon .... but Chinese Investment in US Has Dropped 90% Since Trump Congress Used to be in Charge of Trade Talks
(DBN)

Immigrants and Kids Founded 45% of US Fortune 500 Companies
(DBN)

Trump’s stock market still lags Obama’s, but that could be about to change
(DBN)

BLS: June Unemployment rates at New Series Lows in Alabama, Arkansas, New Jersey, and Texas
(DBN)

Stock Market as Barometer of Policy Success
(DBN)

US: Super-Star Cities Thriving, Weaker Ones Left Behind
(DBN)

Who Actually Feels Satisfied About Money?
(DBN)

Sam Shepard Saw It All Coming
(DBN)

What economists have gotten wrong for decades
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

Lawler: Early Read on Existing Home Sales in June
(DBN)

The Toll of Taxes & Tariffs on U.S. Housing and the Lumber Market
(DBN)

Stagnant wages, vacant homes are undercutting housing markets, U.S. mayors say
(DBN)

Renovation spending will slow in 2020 after record-setting year, Harvard report says
(DBN)

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Municipalities:

Puerto Rico governor refuses to resign as island braces for big protest Puerto Rico governor says will not seek re-election, but refuses to resign over chats
(DBN)

Puerto Rico’s week of massive protests, explained Riding horses and banging drums, Puerto Ricans demand that governor quit Puerto Ricans Are Angry: Today's Protests Hundreds of thousands expected at massive Puerto Rico protest
(DBN)

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Oil/Gas:

Fire forces Philadelphia Energy Solutions to file for bankruptcy again Philadelphia Energy Files for Chapter 11 Bankruptcy After June Explosion PES refinery outage adds to plight of homeless light sweet crude PES refinery expected to shut remaining units as crude dwindles: sources First Day Dec
(DBN)

U.S. Natural Gas Prices Sinking Again
(DBN)

Allies Play Hard Ball with US On Oil Lanes
(DBN)

No Matter What, US Shale is Doomed
(DBN)

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Pharma:

The Four Ordinary People Who Took On Big Pharma
(DBN)

Talk of massive settlement begins as lawsuits against opioid industry mount in Maryland and elsewhere
(DBN)

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Retailing:

Where did Forever 21 go wrong?
(DBN)

US retailers quicken exit from malls as online shopping bites
(DBN)

What Barney’s bankruptcy means for luxury retail We went to Barneys’ Manhattan flagship to see why it’s the latest department store to reportedly consider bankruptcy Barneys weighs bankruptcy after flagship's rent is raised to $30M
(DBN)

New owner of Toys R Us plans 2 store openings this year in small-scale U.S. comeback
(DBN)

J.C. Penney Says ‘No,’ It’s Not Prepping for a Bankruptcy Filing How Many Stores Gone if JC Penney Fails? J. C. Penney Company, Inc. Provides Statement on Strategic Advisors JC Penney tumbles on debt restructuring talk
(DBN)

5 toy stores that aren’t around anymore
(DBN)

6 furniture-store chains that aren't around anymore
(DBN)

Why Lampert and Sears are fighting over HQ land
(DBN)

How Greedy Investors Looted Sears Into Bankruptcy
(DBN)

135 US Jewelry Retailers Closed in the Second Quarter
(DBN)

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Mass Torts:

J&J Still Can't Transfer 2,400 Talc Suits To Del. Fed. Court
(DBN)

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Guns:

Bankruptcy Judge Urges Ellett Brothers To Cooperate With Sales Process
(DBN)

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Trucking:

US Trucking Industry in a Bloodbath
(DBN)

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Autos:

Tesla Has No Proof of Short Sellers, Drops Case Tesla Enters Whistleblower Hell
(DBN)

AP Fact Check: Trump, Harris both wrong about auto sector
(DBN)

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Motorcycles:

New Berlin, Janesville Harley dealerships for sale after bankruptcy filing
(DBN)

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Religion:

Freedom Village: Faith-based organization has long been followed by reporters, and creditors
(DBN)

German churches lose 430,000 Catholic and Protestant members in 2018
(DBN)

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Celebs:

Jamie Oliver loses £25 million amid restaurant chain collapse as creditors face £83 million loss
(DBN)

Poll: ‘Most admired’ woman in the world
(DBN)

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Mining:

Second former Magnetation site sale cleared
(DBN)

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Festivals:

Organizers for Canceled Canadian Music Festival Roxodus File for Bankruptcy
(DBN)

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Television:

CBS stations go dark for DirecTV customers amid contract dispute with AT&T
(DBN)

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New Bankruptcy Opinions
(12 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (45 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (6 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:

Reflections On Two Mediations — And Why Only One Was Successful
(DBN)

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Impairment:

Paid in Full in Bankruptcy and the Unwary Creditor
(DBN)

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Fraud:

Madoff Victims Cleared to Sue Legal ‘Savior’ for Conflicts
(DBN)

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Electricity:

PG&E bankruptcy: New court filings highlight risks
(DBN)

In PG&E Battle, Time Is Money and Money Is Time
(DBN)

California utility customers sue over wildfire law
(DBN)

PG&E Corporation Schedules Second-Quarter 2019 Earnings Release
(DBN)

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Food/Beverage:

Judge: Some eateries can't be called Perkins
(DBN)

Minimum wage hike fight continues after Seattle firm files bankruptcy
(DBN)

Bolton tipped as favorite for Clover Leaf as Bumble Bee brings in turnaround adviser
(DBN)

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Pensions:

Kentucky lawmakers consider pension relief for NKU, other universities and public agencies
(DBN)

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Newspapers:

Pittsburgh Post-Gazette to cut print edition to 3 days
(DBN)

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Healthcare:

Doctor Tells Court We 'Are Not Assets' at Bankruptcy Hearing
(DBN)

Judge: Hahnemann can sell residency programs to highest bidder; closure plan delayed
(DBN)

Just 30 patients remain at Hahnemann University Hospital, residents tell judge
(DBN)

Hospital Argues Against More Oversight in Bankruptcy Court
(DBN)

Debt, lawsuits, big spending led to the death of Laser Spine Institute
(DBN)

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Climate:

How Much Hotter Is Your Town From 1960?
(DBN)

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Distressed Investing:

US distressed debt traders have tons of cash and nothing to buy
(DBN)

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Crypto:

When Blockchain Immutability Meets Bankruptcy
(DBN)

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UK:

Boris Johnson Has Prepared His Entire Life for This. Is He Ready? Boris Johnson, the frontrunner to be the UK’s next prime minister, explained
(DBN)

Despair from city heads over special schools crisis: 'We could be facing bankruptcy and closures'
(DBN)

Jamie’s Italian went out of business owing creditors £83m, report claims
(DBN)

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PIIGS:

Greece gets nod from creditors to ease bailout-era taxes
(DBN)

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India:

Reforms to produce results, 8% plus growth likely from FY21: NITI Aayog VC
(DBN)

Jet Airways’ stake in frequent flyer scheme key for potential bidders Insolvency Administrator Invites Resolution Plans for Jet Air Creditors’ panel approves $10 mn interim fund for Jet Airways
(DBN)

In India, judicial over-reach exacts a price
(DBN)

Supreme Court orders status quo in Essar Steel insolvency
(DBN)

Profitable distress
(DBN)

Govt to amend IBC to facilitate mediation for individual creditors
(DBN)

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Turkey:

Turkey’s Restructuring Stalls as Government, Banks Wrestle With Bad Debt
(DBN)

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Hong Kong:

Extradition and independence: What’s behind the continued protests in Hong Kong As armed thugs bash Hong Kong protesters, city's crisis takes a sinister turn
(DBN)

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MENA:

DIFC's new insolvency law to provide firms better survival chance
(DBN)

British Airways Stops Cairo Flights for a Week
(DBN)

U.S., Iran Blame Each Other for Instability, Send Top Men to Latin America Iran Says It Took U.K. Oil Ship as Tanker and Drone Crisis Worsens U.S. Continues Military Buildup in Saudi Arabia Amid Recent Iran Tensions UK Wants to Ease Tensions in Gulf Conflict UK Has Few Good Options in Iran Gulf Crisis
(DBN)

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China:

China’s $40 Trillion Banking System Learns a Lesson on Risk
(DBN)

Personal Bankruptcy Doesn’t Mean Everyone Will Be Able to Ditch Their Debts
(DBN)

Get Ready for More Chinese Defaults
(DBN)

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Australia:

The Insolvency Practice Schedule: navigating creditors' new powers
(DBN)

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