July 31, 2019

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Teetering LeClairRyan Faces Claims Over Shuttered Office, Gender Bias
(DBN)

Jones Day Says ‘Black Box’ Doesn’t Support Unequal Pay Claim Jones Day To Gender Discrimination Plaintiffs: You Don’t Deserve To Be Paid On The Cravath Scale
(DBN)

Smartphone Apps Are Transforming the Attorney-Finding Process
(DBN)

Sean Gordon Returns to Thompson Hine’s Atlanta Office as Partner
(DBN)

Bar Exam Subject Leak to be Probed in California 600 California Bar Exam Takers Seek Refunds After Topics Leak
(DBN)

Graduates Of This Law School Don’t Have Much Luck Passing The Bar Exam
(DBN)

Judge Approves Sale Of Western State College Of Law
(DBN)

AI Can Help Law Firms Advance, Retain Junior Lawyers
(DBN)

It’s Time For Biglaw Firms To Get Real About Billable Hours Requirements
(DBN)

Honoring Advocates For Women’s Equality In The Legal Profession
(DBN)

Jeffrey Epstein got documents claiming he raped 15-year-old day before mysterious jail cell injury
(DBN)

Alan Dershowitz Has Argued Against Statutory Rape Laws But The #CreepyDershowitz Trend Misses The Big Picture Alan Dershowitz and his role defending Jeffrey Epstein, explained Alan Dershowitz: The Devil's Advocate
(DBN)

#MeToo Defendant Bankruptcies Can Delay, Not Deny, Justice
(DBN)

Breaking Down The Mueller Hearings
(DBN)

Trump’s tax returns required under new California election law California governor signs law targeting Trump's tax returns, ballot eligibility
(DBN)

State attorneys general have become some of the most powerful forces fighting the Trump White House
(DBN)

US has taken nearly 1,000 child migrants from their parents since judge ordered stop to border separations, ACLU says Border Patrol detains adults with no end - until lawyers sue We went inside Border Patrol boot camp and found out why the agency may not be prepared to work in detention centers or take care of children Miller Trying to Stop Migrants from First Step for Asylum
(DBN)

The Gilroy, California, shooting shows the limit of state gun control laws
(DBN)The Gilroy, California, shooting shows the limit of state gun control laws Gun control could finally have its moment in Virginia Disturbing Portrait of Gilroy Teen Gunman
(DBN)

Prosecutors who covered up drug lab scandal now face bar discipline, civil rights suit
(DBN)

Law doesn’t impose ‘most gullible person on Facebook’ standard in suit over fake police page, 6th Circuit says
(DBN)

11th Circuit affirms removal of ‘horrifying’ juror who ‘laid on the couch,’ disrespected female jurors
(DBN)

Why this lawyer bought nearly $21,000 worth of shoes at Payless
(DBN)

Prominent attorney, wife arrested on abduction, assault charges
(DBN)

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Judges:

Public Notice for Reappointment of the Honorable Maria L. Oxholm United States Bankruptcy Judge Eastern District of Michigan
(DBN)

Senate Tackles 19 Judicial Nominations With Clock Running
(DBN)

Trump Nominates Kavanaugh Defender Who Was Still In Law School During Obama’s Presidency
(DBN)

New trial won for inmate convicted of plotting wood-chipper murder of federal judge
(DBN)

Stun belts are intended to keep control in courtroom, but some judges use them to inflict punishment
(DBN)

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Wall Street:

US stocks are rising ahead of the Fed's first rate cut in a decade, even as Donald Trump fans trade-war fears U.S. stocks set to drift modestly higher at the open ahead of Fed decision
(DBN)

Stocks close lower as trade, Fed hang heavy
(DBN)

Halfway through earnings season, it looks like we are going to dodge the feared profit recession The first earnings recession for the S&P 500 since 2016 is taking shape
(DBN)

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Layoffs:

J. Crew Layoffs: Retailer Cuts ‘Dozens’ Of Corporate Jobs
(DBN)

Blood-testing lab in downtown Richmond, in former HDL headquarters, laying off nearly 400 employees
(DBN)

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Personal Finance:

How to find out if your data was stolen in the Capital One hack, and what you can do about it The Capital One hack is unlike any other, with allegations of a single engineer wreaking havoc
(DBN)

The woman charged with stealing 100 million people's data clued in the FBI with bizarre boasts on Twitter, GitHub, and Slack
(DBN)

This is the worst state to have credit card debt
(DBN)

How much you’ll need to invest each month to retire with a million dollars at age 20, 30 and beyond
(DBN)

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Fraud:

After federal filing alleging Ponzi scheme, Cochran files for bankruptcy
(DBN)

Texas homebuilder gets 50 years for buying beach house, cars with restitution money
(DBN)

Wealthy parents are giving up custody of their children to get need-based financial aid from colleges: 'It's a scam' University of Missouri probes financial aid awards "scam" claims An Underhanded, if Legal, Scheme to Get Financial Aid
(DBN)

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Politics:

12 biggest takeaways from the first of two 2020 Democratic presidential debates in Detroit Progressives own the first debate night CNN frames debate questions around right-wing concerns Last Night's Democratic Debate The Democratic debate’s incoherent discussion about who could best beat Trump Democrats Make the Case That They’re the Moral Party 4 big moments from Night 1 of the second Democratic debate Warren and Sanders vs moderates: Liberals under fire in 2nd debate Yang likens Democratic debate to 'boring football game' Race takes center stage at second round of Democratic debates Warren and Buttigieg Beg Democrats Not to Fear Republicans America deserves a debate between Joe Biden and his main progressive critics Democrats tried to win over working-class voters. But they ignored their biggest worry. Pete Buttigieg quotes scripture to attack Republicans on minimum wage 3 winners and 4 losers from the first night of the July Democratic debates Elizabeth Warren’s best debate moment came at the expense of John Delaney Elizabeth Warren spars with John Delaney over her "impossible promises" Delaney blasts ‘fairy-tale economics,’ challenges progressives like Warren in Detroit debate Warren and Sanders vs. the moderates Elizabeth Warren's Big Night
(DBN)

What to expect at night two of CNN’s Democratic debate
(DBN)

All of the Democratic presidential hopefuls’ fundraising and spending — in one chart
(DBN)

Pro-Trump outside groups jointly raise $17.8 million
(DBN)

How Elizabeth Warren made her fortune
(DBN)

Is it me or is Marianne Williamson making a lot of sense? Marianne Williamson 'YODELS' as she gets passionate during Democratic debate
(DBN)

Michigan GOP Sues to Stop Nonpartisan Redistricting
(DBN)

Democratic Debate: Candidates need a plan for Puerto Rico’s debt crisis
(DBN)

Trump says DNI nominee Ratcliffe will "rein in" intelligence agencies Republicans take wait-and-see approach to Trump intel pick Trump's polarizing pick for spy chief has tough path in Senate Ratcliffe Hasn't Prosecuted Terrorists
(DBN)

Trump used a centuries-old racist trope to attack Baltimore Trump: Blacks Love My Baltimore Comments Trump's speech in Jamestown is boycotted by black Virginia lawmakers Trump lashes out anew at Rep. Cummings and the 'corrupt' city he represents, says Baltimore residents have thanked him Trump tells reporters he isn't racist. A poll shows that most Americans disagree Trump increases his rhetoric, eschewing dog whistles for direct shots
(DBN)

Ronald Reagan's Long-Hidden Racist Conversation with Richard Nixon
(DBN)

Why is Mitch McConnell blocking election security bills? Good question.
(DBN)

Trump shares Twitter accounts linked to conspiracy theory QAnon
(DBN)

Inside a Trump-era purge of military scientists at a legendary think tank
(DBN)

Bernie Sanders took Americans to Canada to prove a point
(DBN)

Why isn’t Elizabeth Warren more popular in Massachusetts?
(DBN)

Trump’s latest live-tweeting binge shows how Fox News sets his agenda
(DBN)

How Mitch McConnell Persuaded a Senior House Democrat to Back Impeachment House Democratic leaders face pressure to impeach Trump post-Mueller hearings
(DBN)

North Carolina ballot fraud probe: GOP operative faces fresh charges
(DBN)

George Will: His Impossible Elegance
(DBN)

GOP House Retirements at 11 & Growing
(DBN)

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Pharma:

Opioid epidemic may have cost states at least $130 billion in treatment and related expenses – and that's just the tip of the iceberg Cost of the opioid epidemic is $130 billion and counting (and that’s just to state budgets)
(DBN)

Trump's Plan for Import of Canadian Drugs
(DBN)

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Economy:

Consumer Confidence rebounds in July to 135.7, the highest level since November Consumer confidence surges near 18-year high even as Fed gets ready to cut rates
(DBN)

There's No Case for a Rate Cut Fed to cut rates for first time since 2008 to save economic expansion
(DBN)

Here’s how the Fed could rattle the market instead of soothe it
(DBN)

‘Hidden’ debtors may be signaling trouble in the global economy
(DBN)

Personal Income increased 0.4% in June, Spending increased 0.3% Personal Spending Levels Continued to Increase in June
(DBN)

Asset Bubbles to Zombie Companies: The Dark Side of Rate Cuts
(DBN)

Economy becomes a rowboat with one oar, with services doing all the work as manufacturers pull back
(DBN)

A Recession Is Coming (Eventually). Here’s Where You’ll See It First.
(DBN)

Trump calls for a ‘large’ interest rate cut a day before the Fed’s decision
(DBN)

Fed's Message: Save the Economy from Trump
(DBN)

Markets are warning that ‘monetary policy will not work,’ says BofA Merrill Lynch
(DBN)

Former Fed officials warn Trump, Wall Street: Only 1 interest rate cut is likely needed
(DBN)

This chart of booming returns following rate cuts shows why investors say, ‘Don’t fight the Fed’
(DBN)

‘Hot’ economy could benefit more from a rate hike than a cut, Nobel laureate Robert Shiller suggests
(DBN)

Stocks fall after Trump attack on China dampens hope of a trade deal Trump backpedals on China threats as trade deal shows signs of slipping away Trump rips China as trade negotiations set to begin, says ‘no signs’ of agricultural purchases Huawei reported a massive sales increase despite Trump's trade-war crackdown Multinational companies are getting clobbered by Trump’s tariffs US-China Trade Talks: No Substance US, China trade meeting ends with sharp response to Trump Wall Street should get ready for Trump to slap more tariffs on China, Jim Cramer says
(DBN)

More than half of Trump's trade relief allocated to biggest, richest farms
(DBN)

Charts: China Pulling Out of United States
(DBN)

Energy expenditures as a percentage of PCE
(DBN)

Survey: 61% of voters making over $125,000 oppose free cash handouts to Americans
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

Case-Shiller: National House Price Index increased 3.4% year-over-year in May
(DBN)

Mortgage applications fall for third straight week, despite lower interest rates MBA: Mortgage Applications Decreased in Latest Weekly Survey
(DBN)

Bankrupt Stearns: DOJ Is Wrong to Challenge Its Hire of Skadden
(DBN)

Pending home sales beat expectations, thanks to lower mortgage rates NAR: "Pending Home Sales Climb 2.8% in June"
(DBN)

Seven cities see home prices heating up again, but Seattle prices are sinking
(DBN)

America’s dual housing crisis and what Democrats plan to do about it, explained
(DBN)

As deadline nears, Aspen Club banks on refinancing deal
(DBN)

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Municipalities:

Puerto Rico's U.S. congressional representative calls for swift action to replace governor Resident commissioner urges Puerto Rico governor to nominate a successor
(DBN)

Puerto Rico Governor Said to Name Pierluisi as Successor
(DBN)

Puerto Rico lawmakers threaten legal action if gov names successor without consent
(DBN)

Justice Dept. didn’t notify Independent Prosecutors of probe into gov’s advisers
(DBN)

‘Stay tuned,’ says U.S. attorney about possibility of Puerto Rico mayors arrested
(DBN)

Democrats ignored Puerto Rico at the last debate. Here’s what they should focus on now.
(DBN)

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Oil/Gas:

Small Refiners to Learn Fate of Biofuel Waivers in Next Month
(DBN)

Legacy Reserves Receives Approval of Financing for Chapter 11, Global RSA Continues To Be Subject to Any Superior Transaction Offers by Outside Parties
(DBN)

Why Shares of McDermott International Are Plunging on Tuesday McDermott's stock plummets to pace NYSE losers after surprise loss, slashed guidance
(DBN)

National Oilwell Varco posts nearly $5.4 billion loss during second quarter
(DBN)

As earnings season gets into full swing, energy companies face difficult landscape
(DBN)

Texas shale pioneers struggle to appease investors, compete with majors
(DBN)

Japanese Firm Bets Big on U.S. Shale Boom With $610 Million Deal
(DBN)

Drones could save the oil industry $50 billion
(DBN)

Investor pressure is driving climate action at fossil fuel companies
(DBN)

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Cybersecurity:

Capital One shares dive after data breach affecting 100 million What to do if you're a Capital One customer whose info was hacked Capital One Hit With First Class Action Over Security Breach Who's Paige Thompson? Meet the Woman Allegedly Behind the Capitol One Data Breach
(DBN)

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Mining:

With plans to build a controversial asphalt plant, Radford Quarries files for bankruptcy, equipment is seized
(DBN)

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Mass Torts:

Olympic leaders neglected abuse. Consistent federal oversight is only hope for change.
(DBN)

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Student Debt:

15 memes about student loans for when you're in debt and need to laugh it off
(DBN)

Those With Student Debt Spend $179 A Month Repaying Loans
(DBN)

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Religion:

St. Louis Archdiocese names 64 priests with allegations of abuse
(DBN)

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Education:

State sues financially defunct American International School of Utah
(DBN)

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Hotels:

St. Louis: Owner of 2 downtown hotels files for bankruptcy
(DBN)

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Private Equity:

Why Cities Should Pay Attention to a New Bill To Rein In Private Equity
(DBN)

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Tech:

Apple put an iPhone in everybody’s pocket — now its growth depends on devices all over our bodies
(DBN)

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Solar:

Tesla's Solar Business is a Disaster
(DBN)

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Maritime:

Bourbon requests listing suspension as creditors seek $800m
(DBN)

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Aviation:

FAA found high risk of additional cockpit emergencies after first Boeing MAX crash
(DBN)

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Skiing:

Hermitage Club Assets to Be Sold Under Chapter 7 Bankruptcy
(DBN)

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Mining:

Radford Quarries files for bankruptcy amid asphalt plant litigation
(DBN)

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New Bankruptcy Opinions
(10 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (25 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (10 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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Professional Employment:

Stearns says no conflict for Skadden serving as bankruptcy counsel
(DBN)

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Advisors:

FTI Consulting Expands Corporate Finance & Restructuring Segment in EMEA with the Appointment of Three Senior Managing Directors
(DBN)

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Bankruptcy Reform:

U.S. House of Representatives Passes Bi-Partisan Bankruptcy Bill — It’s True!
(DBN)

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Litigation:

3 Thoughts On The Future Of Litigation Finance (Part I)
(DBN)

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Distressed Investing:

Debt Default Activism: After Windstream, the Winds of Change
(DBN)

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Debt Collection:

The Intersection of Bankruptcy and the FDCPA: the CFPB’s Notice of Proposed Rulemaking
(DBN)

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Corporate Governance:

Fiduciary Duties In An LLC May Be Contracted Away Says Arizona Supreme Court in Sky Harbor Hotel
(DBN)

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Climate:

Elizabeth Warren thinks corruption is why the US hasn’t acted on climate change
(DBN)

Why the US has so many tornadoes
(DBN)

Earth's temperatures are skewed hot. Expected cool weather in a few spots doesn't change that.
(DBN)

Climate Change Can’t Be Left to the Scientists
(DBN)

A major river in Europe hit by drought could create economic havoc
(DBN)

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Healthcare:

Blood-testing lab in Richmond, in former HDL headquarters, files for bankruptcy and lays off employees Texas firm accused of Medicare fraud files for bankruptcy Diagnostic Firm Says Medicare Holdback Pushed It Into Ch. 11 Diagnostic Lab True Health Files Ch. 11 In DE - First Day Dec New Chapter 11 Filing – THG Holdings LLC
(DBN)

ID: Bidders found for Safe Haven facilities
(DBN)

On health care, there are 3 types of Democrats running for president
(DBN)

Many fear Hahnemann’s story will send a message: Buying a failing hospital pays
(DBN)

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Coal:

Blackjewel Miners Block Railroad To Demand Pay From Bankrupt Coal Company
(DBN)

Coal company says its working on resolution
(DBN)

A timeline of the month since Blackjewel declared bankruptcy
(DBN)

New Contura CEO a restructuring expert with a $1M salary
(DBN)

Businesses struggle for survival in US coal country
(DBN)

W.Va. governor signs tax break for company amid debt claim
(DBN)

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Celebs:

Lili Reinhart’s Dad Once Owed Over $370K In Shocking Bankruptcy Filing
(DBN)

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Retailing:

Sears Retirees’ Life Insurance Payouts Could Be Just $135 Each
(DBN)

J.C. Penney's top executive over stores and supply chain leaves abruptly as replacement hired J.C. Penney hires former Shopko executive to aid turnaround
(DBN)

Litigation Funder Backing Patent Suits Against Major Retailers
(DBN)

Retail M&A falls as sector migrates online
(DBN)

On the brink of bankruptcy, Barneys forges ahead with plans for first New Jersey store
(DBN)

Innovative Tactics Retailers Are Using To Keep Brick-And-Mortar Stores Relevant
(DBN)

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Food/Beverage:

Parent company of Lakeview's Babalu files Chapter 11 bankruptcy First Day Dec
(DBN)

Troubled fast-casual Mediterranean chain suddenly closes 2 Dallas restaurants
(DBN)

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Publishing:

Peak Media Spins Off From F+W Bankruptcy
(DBN)

Bustle Digital Shelves Gawker Relaunch, Lays Off Site’s Staff
(DBN)

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UK:

Insolvencies soar as business confidence dwindles
(DBN)

More Scottish firms in ‘critical distress’ according to insolvency expert
(DBN)

The pound could keep falling as Britain’s new prime minister plays hardball over Brexit
(DBN)

Hedge Funds are Making a Fortune Off No-Deal Brexit
(DBN)

Sports Direct Results, Primark Seeks Rent Reviews - British Retail Property Is A Sector To Avoid
(DBN)

New UK Car Investment Down 70% on Brexit
(DBN)

Bury: Winding-up petition against League One club dismissed by High Court
(DBN)

LK Bennett creditors owed more than £31.9m despite sale
(DBN)

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Germany:

German auto supplier Eisenmann files for insolvency
(DBN)

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South Africa:

South Africa's Eskom facing "death spiral" - departing CEO
(DBN)

Eskom hit by ‘triple whammy’ as it reports massive loss
(DBN)

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India:

A major crisis may be brewing for Indian banks
(DBN)

Jet Airways lenders’ panel to meet on August 1
(DBN)

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Australia:

Sydney property developer Ralan collapses
(DBN)

Worrying rise in young adults entering insolvency
(DBN)

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Russia:

Russian court rules to seize property of MAST-Bank’s former managers worth $205M
(DBN)

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North Korea:

North Korea fires multiple ballistic missiles, South Korea says
(DBN)

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South Korea:

Samsung shares tumble after the company says its second-quarter profit fell 56%
(DBN)

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Hong Kong:

Chinese forces gathering at Hong Kong border
(DBN)

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China:

China accounting scandal threatens corporate fundraising
(DBN)

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