March 19, 2019

The Daily Bankruptcy News

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Law:

Plans For Potential Trans-Atlantic Biglaw Merger Seem To Be DOA
(DBN)

Willkie's Caplan Looks to Big Law to Represent Him in College Admissions Case
(DBN)

Partners At This Biglaw Firm Are REALLY Making It Rain
(DBN)

Biglaw Firm Takes Big Steps To Focus On Attorney Mental Health And Wellness Morgan Lewis Director to Focus on Lawyer, Staff Emotional Health
(DBN)

This 16-year-old was accepted at nine law schools
(DBN)

Berger Singerman Partner Christopher Andrew Jarvinen Named Senior U.S. Fulbright Specialist in Law
(DBN)

Global Vereins Show Steady Growth in 2018
(DBN)

Cravath Faces Claim of Leading ‘Sham’ Auction in Grocery Store Sale to Apollo
(DBN)

9 Ways You're Ticking Me Off: A PR Primer
(DBN)

Manatt Sues Brown Rudnick Over Ex-Partner's Contingency Win
(DBN)

Law School’s Revolutionary ‘Third Year Anywhere’ Program Is Just What Legal Education Needs
(DBN)

2 Things You Should Never Say To A Partner
(DBN)

Senior Associate And Family Dead In What Authorities Are Calling A Murder-Suicide
(DBN)

Finding A 1l Summer Job Late In The Game
(DBN)

Law School Offers Program Teaching Corporate Executives To ‘Not Be Criminals’
(DBN)

Trump’s Lawyers on House Judiciary Dems’ Document Request: You Get Nothing House Judiciary receives "tens of thousands" of documents in Trump probe Judge Orders Michael Cohen Documents Released Manafort Case May Catch Democrats Too Paul Manafort charged with committing residential mortgage fraud — but it’s not that uncommon US Judge Orders Michael Cohen Search Warrant Info Released With Redactions Another Prosecutor Leaves Mueller Team Poll: Half Think Mueller is on a Witch Hunt Trump uses bad poll question to claim half of America thinks Mueller’s on a “witch hunt” Poll: Most Trust Mueller
(DBN)

Dems demand FBI probe into ex-spa owner selling Chinese access to Trump
(DBN)

Trump's History with the Deutsche Bank Deutsche Bank Kept Lending to Trump Deutsche Bank reportedly loaned more than $2 billion to Trump over two decades
(DBN)

Kellyanne Conway’s BigLaw husband has an urgent warning about Trump’s mental health
(DBN)

How Two Arcane Clauses In The Constitution Could Expose Trump’s Businesses
(DBN)

Appeals Court to Hear Emoluments Case
(DBN)

New Zealand’s gun laws, explained
(DBN)

Law firm accused of enabling polygamist leader Warren Jeffs can be sued, 10th Circuit says
(DBN)

Flowers v. Mississippi reveals a rickety American legal system
(DBN)

3 Killed, Others Injured in Netherlands Mass Shooting
(DBN)

Brother of Jeff Bezos’ lover sold racy, private racy texts to National Enquirer for $200,000
(DBN)

Fox News host: Now would be a good time to go buy another AR-15 rifle
(DBN)

Warner Brothers Boss is Out Over Scandal
(DBN)

'Textalayzer': Nevada Legislature considers technology to scan phones after crashes
(DBN)

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Judges:

Women Lawyers ‘Speak Up’ On RBG’s Birthday
(DBN)

The RBG experiment: Would Twitter conspiracy theorists admit Ginsburg was alive?
(DBN)

10th Circuit council won’t revive Kavanaugh complaints; 2 judges would send appeals elsewhere
(DBN)

Bridget Bade Up Next in Trump Wave of Appeals Court Judges
(DBN)

Law Clerk Accuses New Jersey Judge of Harassment
(DBN)

9th Circuit Nominee Doesn't Even Live There
(DBN)

“Why Nino, how do you think I got my job?”
(DBN)

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Wall Street:

Stock futures slightly higher as markets await Fed meeting
(DBN)

Dow posts 4-day winning streak, but gains capped as Boeing slides
(DBN)

Stocks are poised for an 18% hit, warns economist who nailed last financial crisis
(DBN)

Wall Street giant Goldman Sachs wants half of new recruits to be women
(DBN)

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Layoffs:

Aetna to lay off 106
(DBN)

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Healthcare:

KS: Six Regional Hospitals File for Chapter 11 Bankruptcy Protection
(DBN)

FactCheck: "We pay far more for health care than any other country in the world, yet we have far worse outcomes than any other country in the world."
(DBN)

Warren Buffett: How to Fix US Health Care
(DBN)

Bernie Sanders Thinks He Can Vanquish Health Insurers. He’s Wrong.
(DBN)

Medicare for America, Beto O’Rourke’s favorite health care plan, explained
(DBN)

How Americans ration their health care
(DBN)

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Climate:

Historic Flooding Across the Midwest Photos: Nebraska Historic Flooding What the historic Nebraska floods look like from space — and from the ground
(DBN)

More Than 1,000 People Feared Dead After Devastating Cyclone Cripples Mozambique
(DBN)

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Autos:

Tesla’s Legal Issues Are About to Take Center Stage SEC shreds Elon Musk’s contempt defense as bordering ‘on the ridiculous’ Elon Musk never sought approval for a single Tesla tweet, US regulator tells judge
(DBN)

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Distressed Investing:

Veteran Distressed Investment Team Launches Invictus Global Management
(DBN)

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Religion:

Diocese of Oakland releases names of clergy credibly accused of abuse
(DBN)

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Travel:

A cross-country American Airlines flight was diverted because its bathrooms were unusable
(DBN)

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Farming:

‘It’s Probably Over for Us’: Record Floods Bring New Toll When Farmers Can Least Afford It Midwest farmers fear livestock losses from flooding
(DBN)

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Celebs:

Top Celebrities That Have Gone Bankrupt
(DBN)

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Waste:

Hundreds of US cities are killing or scaling back their recycling programs
(DBN)

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Economy:

Goldman: FOMC Preview
(DBN)

US economic growth is set to slow sharply this year and next, according to CNBC’s Fed survey
(DBN)

Fed seen revealing ‘how and when’ it will stop shedding balance sheet assets
(DBN)

White House trumpets Trump’s economic policies, warns against ‘Medicare for All’ and wealth tax
(DBN)

The US is experiencing a widespread worker shortage. Here’s why.
(DBN)

The economy is off to another shaky start in 2019, but it’s not about to collapse
(DBN)

CRFB: Trillion Dollar Deficits as Far as the Eye Can See
(DBN)

A recession is coming — and maybe a bear market, too
(DBN)

Foxconn aims for Wisconsin factory to be operational by end of 2020
(DBN)

Jamie Dimon: The wealthy are doing fine, but the poor are being left behind
(DBN)

Capitalism no longer working for greater good, say two of its biggest cheerleaders
(DBN)

Average Homeowner Slammed by New Tax Law
(DBN)

Bush: Immigrants Give US Strength
(DBN)

The global push to reinvent GDP
(DBN)

People want higher taxes on rich, better welfare - 21-country OECD survey
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

NAHB: Builder Confidence "Steady" in March Home builder sentiment flat in March as housing headwinds linger Homebuilder confidence stabilizes, hinting at solid spring home buying season
(DBN)

5th Cir. Holds No ‘Detrimental Reliance’ Exception to Unilateral Withdrawal of Acceleration Notice
(DBN)

PwC reaches $335 million settlement with FDIC over Taylor, Bean & Whitaker/Colonial Bank audits
(DBN)

"Mortgage Rates Hold 14-Month Lows"
(DBN)

Bankruptcy auction of indicted Palm Beach developer's house drawing interest
(DBN)

Sacramento Housing in February: Sales Down 10% YoY, Active Inventory up 16% YoY
(DBN)

This bubble-era mortgage trick could smash major U.S. housing markets Why out-of-control bubble-era mortgages still threaten to smash major U.S. housing markets
(DBN)

Toll Brothers downgraded to strong sell from hold at CFRA
(DBN)

PNC Bank Gets Pulled Into EB-5 Visa Fraud Claim Tied to Palm Beach Investment
(DBN)

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Municipalities:

Puerto Ricans decry austerity, hurricane help at hearing
(DBN)

Puerto Rico Senate given time to share bank balances
(DBN)

Puerto Rico debt adjustment plan not 'realistic' in April: official
(DBN)

Sacramento Unified School District on Verge of Insolvency
(DBN)

74 Nebraska Cities Declare Emergencies
(DBN)

Two U.S. cities just cracked the top 10 most expensive places to live on earth
(DBN)

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Oil/Gas:

Natural gas company backs carbon tax that would cost it millions
(DBN)

Crude Awakening: Prices Surge At The Pump
(DBN)

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Education:

Boies Schiller Among Firms Representing Admissions Scandal Lori Loughlin and Felicity Huffman Hire Big Law Defenders in College Fraud Case The Lies, Myths and Fears Fueling the College Admissions Scandal 30 Fast Facts About The College Admissions Scandal Yale President: We Will Investigate Admissions Scandal Cal Berkeley Connected to Admissions Scandal There’s a Larger Lie Beyond the College Admissions Bribery Case College admissions scandal: What did the students know about 'the side door,' and what should happen next? In admissions scandal, the students should be expelled ‘Pied Piper’ of College Admissions Scam Had All the Answers Why Has The College Admissions Scandal Touched Such A Nerve? An Elite Consultant’s Take on the College Admissions Scandal Amid college admissions scandal, TPG fires McGlashan, allows investors to yank money Julia Roberts Says Admissions Scandal Is 'Sad' Because Parents Didn't Have Faith in Their Kids Former Regent Wasn’t Surprised By Latest Admissions Scandal The Shady but Legal Ways the Rich and Powerful Help Their Kids Into College Why The College Admissions Scandal Was Inevitable Miami health exec paid $400,000 to charity at center of college admissions scandal, feds say Powerful parents lose jobs, face backlash over college admissions scandal College admissions scandal may also involve tax fraud Parents in college-admissions scandal got tax breaks. Outrage sparks calls for change How a Life Coach Roped Dozens of People Into the College Cheating Scam Putting the college admissions scandal in context Parents are Killing Their Kids' Life Skills
(DBN)

A new kind of nightmare 'snowplow' parent is calling their kids' employers to talk about issues their children are having at work
(DBN)

Elite Colleges Constantly Tell Low-Income Students That They Do Not Belong
(DBN)

Average tuition at private colleges is $35,830 a year—but here’s how much students actually pay
(DBN)

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Retailing:

Shopko to liquidate, close all its stores by June Shopko to close all stores, liquidate after unsuccessful attempt to find a buyer Shopko creditors: $117 million in dividends paid to owners 'fraudulent,' 'illegal'
(DBN)

Sears Shoppers, Workers Lament Its Demise
(DBN)

Former Toys R Us Headquarters Sold
(DBN)

PE Firms Ares and Crescent Are Poised to Take Over Savers Thrift Stores, Bankruptcy Possible
(DBN)

NJ: Second State Bans Cashless Retailers
(DBN)

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Food/Beverage:

NYC’s Largest Bareburger Franchisee Files for Bankruptcy on His Fourth Outpost
(DBN)

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Fraud:

Elizabeth Holmes' Quotes Once Inspired — Now, They're Shocking Stanford Professor on Holmes and Theranos
(DBN)

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Electricity:

Public takeover of PG&E? Sacramento’s past provides important lessons
(DBN)

PG&E Likely to Name New CEO as Part of Overhaul, Report Says
(DBN)

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Aviation:

737 Max Turning Into Major Debacle for Boeing
(DBN)

Boeing’s liability for 737 Max hinges on crash and oversight investigations
(DBN)

Why Investors May Be Underestimating Boeing’s Problems
(DBN)

Boeing 737 Max grounding could drag on, analyst says
(DBN)

Aerospace Manufacturer Nordam Group Cleared to Exit Bankruptcy
(DBN)

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Auctioneers:

J. Levine Auction owes millions; declares bankruptcy
(DBN)

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Coal:

Bankruptcy Looms Over Cloud Peak Cloud Peak expected to file for bankruptcy on delayed interest payment: analysts
(DBN)

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Television:

More households subscribe to streaming than traditional TV, according to report
(DBN)

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New Bankruptcy Opinions
(11 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (32 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (11 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:

Weekly Bankruptcy Claims Trading Activity
(DBN)

NH bankruptcy filings dip year over year in February
(DBN)

BK MN: Updated Filing Statistics
(DBN)

Judicial Business 2018
(DBN)

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Automatic Stay:

Bankruptcy code not intended to 'shelter' Chicago parking, traffic ticket scofflaws: Appeals panel
(DBN)

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Advisors:

The Man Who Would Take Down McKinsey
(DBN)

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IP:

U.S. Supreme Court Currently Considering Impact of Rejection of Trademark Licenses in Bankruptcy Cases
(DBN)

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Sanctions:

“Birds of Prey” Argument Not Enough to Warrant Sanctions Against Law Firm Engaging in Alleged Serial Filing of TCPA Claims Arising From Bankruptcy Proceedings
(DBN)

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Politics:

Elizabeth Warren's slow start Elizabeth Warren gives a full-throated endorsement for reparations at CNN town hall Elizabeth Warren wants to abolish Electoral College system
(DBN)

Entitlement reform: Beto O’Rourke Was Right, and Democrats Might Not Forgive Him Beto O'Rourke: Everything you need to know about the 2020 candidate Beto O’Rourke pulled in a massive fundraising haul — and 2020 competitors are noticing Beto O’Rourke was an early supporter of marijuana legalization Beto O’Rourke’s border cred is genuine. It’s not the same as an immigration platform.
(DBN)

Trump’s GM jawboning suggests renewed focus on working class voters Trump’s General Motors tweets, explained
(DBN)

CNN Poll: 7 in 10 say economy in good shape -- and Trump may reap the benefits
(DBN)

The White House Still Can't Get the President's Tweeting Under Control
(DBN)

Meghan McCain calls Trump ‘pathetic’ for continued attacks against her late father
(DBN)

GOP Moves to Rein in Emergency Powers Americans overwhelmingly want Congress to defy Trump and override his veto of the resolution to end his border-wall emergency declaration
(DBN)

Pompeo jokes Trump may fire him in a tweet as rumors swirl about his departure
(DBN)

More States to End Electoral College
(DBN)

A Harvard study found that executives donate more heavily to Republicans. But the gap is surprising
(DBN)

Rep. Devin Nunes sues Twitter for $250 million, claiming anti-conservative bias and defamation
(DBN)

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CDOs:

Wall Street’s Latest Love Affair With Risky Repackaged Debt
(DBN)

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Personal Finance:

30 Easy Ways To Save Money You Can Start Doing Now
(DBN)

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Student Debt:

Trump administration proposes capping loans to graduate students and parents
(DBN)

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UK:

Anyone moving in on Interserve needs to tread carefully Outsourcer Interserve in fast-track sale out of administration
(DBN)

The closer we get to Brexit, the more solid the majority against it is UK: May Again to Hold Brexit Crisis Talks Parliament Blocks Another Brexit Vote Britain’s Distrust of Europe Helped Cause Brexit. Now It Could Stop It.
(DBN)

Bankrupt businessman on hunger strike outside Clydesdale Bank HQ in bid to keep home
(DBN)

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PIIGS:

EasyJet bows out of consortium weighing bid for bankrupt Alitalia
(DBN)

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Canada:

Number Of Millennials Filing For Bankruptcy Is Rising At A Rapid Pace
(DBN)

Are These 2 Canadian Oil Stocks in Trouble?
(DBN)

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France:

France’s Yellow Vests Are Rebels Without a Cause
(DBN)

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India:

Mukesh Ambani helps brother Anil pay Ericsson dues and avoid jail term "Deeply Touched": Anil Ambani Thanks Brother
(DBN)

Debt-Ridden Jet Airways Grounds More Aircraft Jet: No money to pay interest to debenture-holders Govt asks banks to save Jet Airways, avoid bankruptcy; Narendra Modi seeks to avert thousands of job losses Etihad Airways seeking an exit from debt ridden Jet Airways Debt-laden Jet Airways operating just a third of its original fleet Number of Jet flights may reduce further Aviation Minister calls emergency meeting
(DBN)

Ericsson teaches Anil Ambani and India's nascent bankruptcy system a lesson
(DBN)

IBC: Law of guarantees and corporate insolvency process
(DBN)

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Poland:

New Look Poland files for bankruptcy New Look's ops in Poland file for bankruptcy, stay open for now
(DBN)

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Brazil:

Azul eyes bankrupt Avianca Brazil AOC, slots and 30 A320s
(DBN)

Brazil judge allows lessor to seek seizure of 10 Avianca Brasil planes
(DBN)

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Netherlands:

Coolcat is latest Dutch high street staple to go bust
(DBN)

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Germany:

What led to Lesara’s bankruptcy?
(DBN)

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Luxembourg:

Criticism for the new bankruptcy law
(DBN)

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