June 25, 2019

The Daily Bankruptcy News

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Law:

Years Later, The Recession Is Still Haunting Law School Graduates
(DBN)

Jones Day Gender Discrimination Case Spreads To New York
(DBN)

Baker McKenzie Sets Gender Targets
(DBN)

Shearman & Sterling Adds Restructuring Partner Ian Roberts in Texas
(DBN)

California Task Force To Vote This Week On Sweeping Changes To Legal Services Delivery
(DBN)

Microsoft Embraced Law Firm Alternative
(DBN)

Corporate Legal Spending to Fall in Next Two Years, Survey Shows
(DBN)

Facebook Selects Kilpatrick for New Law Firm Diversity Award
(DBN)

University of Idaho law professor sues school for racial and gender discrimination
(DBN)

Professor Alleges Discrimination Against Law School And Former Dean In New Lawsuit
(DBN)

For Stressed-Out Lawyers, Sabbaticals Offer a Chance to Breathe
(DBN)

SCOTUS agrees to decide whether annotated state laws can be copyrighted
(DBN)

Schulte Let Off Hook In Cambridge Analytica Bankruptcy
(DBN)

The Biglaw Firm At The Top Of The Appellate Litigation Heap
(DBN)

One Morning Of A Depressed Lawyer
(DBN)

White House blocks Kellyanne Conway from testifying in House hearing on possible Hatch Act violations
(DBN)

Trump refuses to say if he has confidence in FBI director
(DBN)

Commerce Dept. ordered ex-official not to answer House panel questions
(DBN)

New High in U.S. Say Immigration Most Important Problem Congress has been fighting over aid to the border for weeks. Trump just got in the middle of it. Migrant children moved from border facility after reports of unsafe conditions Advocates say the fastest way to help immigrants separated from their children: Post their bail White House threatens to veto House Democrats' southern border bill Mexico Deploys 15,000 Troops to Border
(DBN)

DOJ Lawyer Earns 15 Minutes Of Infamy Arguing In Front Of Exactly The Wrong Panel
(DBN)

Judge releases list of 700 requests for Mueller search warrants and records
(DBN)

Trump accuser: "Think how many women have come forward" 'I'm so glad I'm not his type': Columnist E. Jean Carroll fires back at Trump after his response to her allegation of sexual assault
(DBN)

Man posed as Uber driver to kidnap drunken women
(DBN)

How To Become A Bestselling Novelist: Start Out In Finance Or Law
(DBN)

Ban on scandalous trademarks violates First Amendment, Supreme Court rules
(DBN)

Chicago Police Release Smollett Evidence
(DBN)

Lawyer who gave incarcerated boyfriend $11 lands in ethical trouble for contraband
(DBN)

Pepper Hamilton Must Pay Plaintiffs Fees, Expenses as Sanction for Violating Discovery Order
(DBN)

Moving The Rays To Montreal Half The Year Is Dumb, But At Least It’s Also An Impossible Legal Nightmare
(DBN)

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Judges:

Defendant throws feces at judge and declares, ‘It’s protein! It’s good for you!’
(DBN)

Judge accused of trying to cover up chronic tardiness and absenteeism
(DBN)

Lawyer Brings Loaded Gun To Courthouse… That Was Probably A Mistake
(DBN)

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Wall Street:

Stocks drop as Trump fanned fears of conflict with Iran and an unending trade war with China
(DBN)

Asian stocks lower ahead of Trump-Xi meeting at G-20 summit
(DBN)

Stocks close little changed with the June rally on hold ahead of US-China trade talks
(DBN)

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Healthcare:

Joerns WoundCo Files Prepack In DE - First Day Dec Joerns Healthcare Seeking To Eliminate Debt With Restructuring Plan
(DBN)

A rural Missouri hospital has a plan to stay alive, but the federal government is objecting
(DBN)

Federal Efforts to Help Rural Hospitals Could Hurt Urban Ones, Opponents Say
(DBN)

Trump orders more price transparency from hospitals Industry doesn't like Trump's transparency push
(DBN)

The only health care prices that matter to consumers
(DBN)

An impending surprise billing policy may drive hospital consolidation
(DBN)

Fuzzy math fuels Sanders’ claim that cost barriers to health care kill 30,000 a year
(DBN)

Chicago, where the rich live 30 years longer than the poor
(DBN)

Cancer costs wallop employers
(DBN)

Specialty drugs' steep price hikes
(DBN)

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Politics:

Trump’s erratic policy moves put national security at risk, experts warn
(DBN)

Economic trouble in Trump country ahead of 2020
(DBN)

Trump Suffers a Triple Fail on Iran, Mexico and Immigration
(DBN)

Will Trump Swap Pence for Haley?
(DBN)

Biden says he wants Congress to grant citizenship to Dreamers Joe Biden has been talking about income inequality a lot lately — to his rich donors Joe Biden Faces the Most Dangerous Week of His Campaign So Far
(DBN)

2020 Democrats’ campaign finance pledges, explained
(DBN)

Democrats’ ongoing argument about free college, explained
(DBN)

Bernie Sanders wants to make Wall Street pay off the US's $1.6 trillion in student debt Bernie Sanders proposes $2.2 trillion plan to cancel all student debt and make public colleges free
(DBN)

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

U.S. sanctions are losing their bite
(DBN)

Police are searching for Oregon Republicans after they skipped town to avoid voting on a climate bill The Insanity in Oregon Is a Glimpse of Our Very Dark Future
(DBN)

Iran's president said the Trump administration is 'afflicted with mental retardation,' turning their conflict increasingly personal Iran calls new U.S. sanctions on officials ‘outrageous and idiotic’
(DBN)

Trump Talks About End to Japan Defense Pact
(DBN)

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Economy:

From 'Prada to nada' and back: Has America really recovered from the Great Recession?
(DBN)

Trump: Fed is ‘like a stubborn child’ for not cutting interest rates last week The Federal Reserve Is Behaving Like ‘A Stubborn Child,’ Alleges Actual Stubborn Child
(DBN)

Trump maintains he could fire Fed’s Powell ‘if I wanted to’
(DBN)

The case for a Fed rate cut
(DBN)

The Fed is now enabling politicians to act recklessly
(DBN)

Dallas Fed: "Texas Manufacturing Expansion Continues but Pace Slows"
(DBN)

Chicago Fed "Index points to a pickup in economic growth in May"
(DBN)

UBS: World economy ‘one step away from global recession'
(DBN)

Slower economy boosts stocks, odds of Fed rate cut, sends bad news bears running
(DBN)

Fed’s Kaplan says he’s on the fence about interest-rate cut
(DBN)

Company earnings look like they will keep sliding through the third quarter
(DBN)

We’re already in recession, here’s what to do, says economist who called last bubble
(DBN)

A leveraged-lending bust could hit economy quicker than subprime blowup, warns ex-FDIC boss Sheila Bair
(DBN)

The competing stories on consumer credit
(DBN)

Trump's tariffs on Chinese imports could hurt one of Amazon's most successful businesses Supreme Court rejects challenge to Trump’s steel tariffs, leaving them in place Trump tariffs on China boomerang on American manufacturers, RBC contends FedEx sues the US government over the ‘impossible’ task of policing exports to China China-US Agree to Resume Trade Talks Trump and Xi: What’s at Stake at Their G20 Meeting Corporate America in the Crossfire Industry leaders are 'freaking out' about tariffs and clamoring for warehouses in this loophole-friendly Mexican border town
(DBN)

Billionaires to Trump and other 2020 candidates: Please tax us George Soros Leads Chorus of Wealthy Calling For A New Wealth Tax
(DBN)

Why Is Illinois Hemorrhaging Residents?
(DBN)

The Men Who Stole the World: Inside the 2008 Financial Crisis
(DBN)

10 cities where you can make 6 figures and still feel broke
(DBN)

400,000 households could lose food stamps under Trump plan expected soon
(DBN)

Joint Statement on Opportunistic Strategies in the Credit Derivatives Market
(DBN)

After failed Fed bid, Stephen Moore reportedly takes role at cryptocurrency ‘central bank’
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

Housing Inventory Tracking
(DBN)

A housing market slump could drive global growth to a decade low, economists warn
(DBN)

Bankruptcy court accepts bid on prime Raleigh estate
(DBN)

London Firm Buys Palm Beach Hotel Project as Glenn Straub Keeps Up Appeals
(DBN)

How 9 People Built an Illegal $5M Airbnb Empire in New York
(DBN)

No Wonder Big Real Estate Is Fighting New York's New Rent Law
(DBN)

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Municipalities:

Puerto Rico Governor Ousts Treasurer Amid Reported FBI Probe
(DBN)

Speakers Voice Concern about Environmental, Fiscal Challenges of Puerto Rico as Special Decolonization Committee Approves Annual Self-determination Text
(DBN)

Justices Fast-Track Challenge to Puerto Rico Oversight Board
(DBN)

PROMESA heads to the U.S. Supreme Court?
(DBN)

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Oil/Gas:

Pa. Drill Rig Maker Hits Ch. 11, Citing Industry Downturn HDR Holding Files In DE - First Day Dec
(DBN)

Dolphin Drilling might file for bankruptcy
(DBN)

Drilling Down: EXCO Resources drills out of Chapter 11 bankruptcy
(DBN)

Houston energy execs get second chance after bankruptcy buyout
(DBN)

Shale Pioneer: Fracking is an Unmitigated Disaster
(DBN)

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Retailing:

Forever 21 hires advisers for negotiations as founder seeks to avoid bankruptcy
(DBN)

The new Toys R Us reportedly plans to open stores this year
(DBN)

US landlords launch legal challenge against Philip Green's Arcadia
(DBN)

More than 7,100 stores are closing in 2019 as the retail apocalypse drags on — here's the full list
(DBN)

Walmart adds AI-powered cameras to more than 1,000 stores to reduce checkout theft, report says
(DBN)

We shopped at Macy's and JCPenney to see which department store is better — and the winner was overwhelmingly clear
(DBN)

Sears Holdings: Different Opinions Make A Market, But The Facts Can Make You A Fortune
(DBN)

Sears Hometown bleeds money and sales ahead of acquisition
(DBN)

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Personal Finance:

How to avoid becoming the ‘bank of Mom and Dad’ for your adult child
(DBN)

The road to riches is this simple: Drive a crappy car
(DBN)

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Climate:

The climate crisis and the end of the golden era of food choice
(DBN)

Medical groups now bluntly referring to climate change as a ‘health emergency’
(DBN)

Big Oil Undermining Global Climate Talks
(DBN)

Colorado's Snowpack is 40 Times Normal
(DBN)

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Student Debt:

Scammed student-loan borrowers accuse Betsy DeVos of illegally stalling on debt-cancellation claims
(DBN)

176 Nebraska students to get debt relief from failed college
(DBN)

Bernie's Student Debt Plan Is Way Too Nice to the Rich
(DBN)

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Electricity:

PG&E owns land across California. What will happen to it?
(DBN)

Divergence in PG&E bonds, equities reflects uncertainty, analysts say
(DBN)

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Aviation:

Boeing is crowding its employee parking lot with undelivered 737 Max jets and the company says that's part of its 'inventory management plan'
(DBN)

American Airlines CEO says politics a factor in return of Boeing’s 737 Max
(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 (26 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)

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Bankruptcy Statistics:

Staggering medical bills are the biggest driver of personal bankruptcies in the US. Here’s what you need to know if you’re thinking about filing for bankruptcy.
(DBN)

Weekly Bankruptcy Claims Trading Activity
(DBN)

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IP:

Assessing the Impact of Recent Supreme Court Decisions on Intellectual Property and Creditors’ Rights & Business Restructuring Issues
(DBN)

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Litigation:

Preventing Conflicts of Interest in Complex Commercial Litigation
(DBN)

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Environmental:

Bankrupt polluter settles with Oregon DEQ for $67 million
(DBN)

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Education:

College of New Rochelle campus up for sale as school readies for shutdown College of New Rochelle not paying bills as closing looms
(DBN)

This is the most regrettable college major in America
(DBN)

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Banking:

Deutsche Bank Looking To Load Up On The Kind Of CLOs That Don’t Contain Deutsche Bank Kind Of Loans
(DBN)

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Taxis:

NYC Cabbies Facing Financial Ruin Force City to Mull a Rescue
(DBN)

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Cannabis:

Number of Justice Department Actions Enforcing Marijuana Ban in Bankruptcy Cases Since 2014
(DBN)

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Food/Beverage:

Kraft Heinz is running out of cash: top analyst
(DBN)

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Jewelry:

Enchanted Diamonds Files for Bankruptcy
(DBN)

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Bankruptcy Crimes:

Lawyer in prison loses his license
(DBN)

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Travel:

Woman stranded alone on Toronto tarmac after falling asleep on Air Canada plane
(DBN)

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UK:

Insolvency body’s concern over growing North-South income gap
(DBN)

Landlord rent cuts may prevent Monsoon from being wiped out
(DBN)

UK's Boris Johnson threatens 'mortal retribution' if MPs block his Brexit plan
(DBN)

UK Car Industry Warns Against No Deal Brexit
(DBN)

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EU:

2019 Is Different From 2008: 4 European Restructuring Developments for Private Equity Firms to Consider
(DBN)

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PIIGS:

Restructuring Italy’s New York Law Bonds
(DBN)

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Canada:

Fasken partner receives OBA award for insolvency law
(DBN)

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MENA:

Trump calls on China, and the world, to protect their own ships from Iran Iran's president: White House has 'mental retardation' Trump signs executive order slapping ‘hard-hitting’ sanctions on Iran over drone shootdown Trump sanctions mean 'permanent closure' of diplomacy, Iran claims Iranian officials issue warnings to the US as Trump announces new sanctions Trump Goes After Iran’s Supreme Leader Iran downed a $130 million US drone. Trump's sanctions are probably costing Iran $120 million a day Trump's new Iran sanctions are part of a 'high risk' strategy that could lead a conflict he doesn’t want, experts warn
(DBN)

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New Zealand:

Insolvency law reform a positive step
(DBN)

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India:

Jet Airways insolvency: Airline invites claims from creditors by July 4
(DBN)

Number of willful defaulters in nationalized banks up 60% to 8,582 in 5 years
(DBN)

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Hong Kong:

Hong Kong Court validates contractual clause providing for exclusion rights upon insolvency
(DBN)

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Australia:

A matter of trust: High Court rules on distribution of assets of an insolvent corporate trustee
(DBN)

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Venezuela:

Venezuela Economic Outlook
(DBN)

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Malaysia:

Sarawak's Timber Industry Is Finished Says Devastating Secret Assessment
(DBN)

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Brazil:

Avianca Brasil loses slots in Sao Paulo's domestic airport
(DBN)

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