March 22, 2019

The Daily Bankruptcy News

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Law:

Incoming Batch of Law Deans Is More Diverse Than Ever Law Schools See High Dean Turnover As Pressures Increase
(DBN)

Gordon Caplan Set to Appear in Court Alongside Lori Loughlin in College Admissions Case
(DBN)

Clark Hill Revenue Skyrockets After Strasburger Merger
(DBN)

Sills Cummis & Gross Welcomes S. Jason Teele
(DBN

How Did Gibson Dunn, Perkins Coie and Lowenstein Sandler Fall for Anna Delvey?
(DBN)

Why Generation Z will revolutionize the law firm of the future
(DBN)

College admissions scandal underscores importance of attorney ethics in America
(DBN)

Remote Revolution: Law Schools Embracing Online Flexibility After Student Push
(DBN)

Despite Positive News, Western State’s Long-Term Future Is Uncertain
(DBN)

Gambling Addiction In The Legal Profession
(DBN)

Ropes & Gray Alum Director Helps Lawyers Leave Firm, Or Return
(DBN)

Why I’m Glad I Powered Through After Having Kids
(DBN)

New Jersey Court Orders Lawyers To Disclose Competitors’ Billing Practices And To Use Data To Inform Clients Of Likelihood Of Success
(DBN)

UK: Bristows, Mills & Reeve and Osborne Clarke voted top for culture Watson Farley Williams voted the worst for culture
(DBN)

Staff complain of "b-----" culture and "bumpy ride" post-merger
(DBN)

Letter from deputy Attorney General Rod Rosenstein offers potential road map to special counsel Robert Mueller's probe Kushner in the Crosshairs: New Book Ties Kushner To Comey Firing Can The Mueller Report Be Released? Key Factors to Keep in Mind While Waiting for Robert Mueller's Russia Report
(DBN)

Hey Look! George Conway Has Some Thoughts On Trump This Morning! George Conway: Trump is in Cognitive Decline
(DBN)

Unvaccinated teen’s suit claims classroom ban violates his religious rights
(DBN)

Indiana teachers shot at by trainers during an active shooter drill
(DBN)

Attorney accused of witness intimidation by emoji pleads guilty to different charge
(DBN)

Is There Really a Border Crisis? Marine Corps Commandant Slams Trump in Leaked Memos for Deploying Troops to Border, Emergency Declaration
(DBN)

Lawyer accused of using hidden camera to record undressing colleague agrees to 6-month suspension
(DBN)

Citing unsafe jail conditions and judge’s order, sheriff resigns along with her deputies
(DBN)

What’s The Best True Crime Documentary?
(DBN)

Maybe Nunes Shouldn't Have Sued His Cow
(DBN)

Lawyer accused of Wagnerian dust-up Operatically Chivalrous Hedge Fund Lawyer Defends Right To Defend Wife’s Sullied Coat
(DBN)

Lawyer denies pretending to be a woman to get a date
(DBN)

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Judges:

In Central District of California, a Woman’s Place is in the Courthouse
(DBN)

Are ‘Obama judges’ really the reason for Trump’s 60-plus court losses? Blame this instead
(DBN)

Judge Posner’s Early Work
(DBN)

Clarence Thomas Speaks For The First Time In 3 Years
(DBN)

Dems Seek Answers on Heritage Foundation Law Clerk Training
(DBN)

Judge’s Meeting With Jury Means Retrial
(DBN)

Frustrated family judge who banged hand on desk was ‘sarcastic and condescending’
(DBN)

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Wall Street:

U.S. stock futures point lower after Europe data underlines growth worries
(DBN)

European markets tumble as growth fears increase
(DBN)

US stocks higher at close of trade
(DBN)

How the Mueller report could roil the stock market
(DBN)

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Layoffs:

Dave Green has been trying to save GM’s plant near Youngstown. After Trump sniped at him on social media, he quickly scored a visit from Beto O’Rourke
(DBN)

Trump Said What About GM Lordstown?
(DBN)

'No One Is Safe' as GM and Ford Cut Jobs and Costs
(DBN)

GM is said to plot $300 million investment in Orion Township amid Trump feud
(DBN)

Layoffs hit Fox following completion of Disney deal
(DBN)

Freight company's bankruptcy to cost nearly 100 Washington County jobs
(DBN)

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Politics:

A history of the times Kellyanne Conway's husband has roasted Trump
(DBN)

Judge temporarily blocks Wisconsin Republican lame-duck laws
(DBN)

Bernie Sanders starts a fight with the NRA, says US should 'follow New Zealand's lead' and ban assault weapons Bernie Sanders Pledges To Do A Better Job Of Explaining Socialism Polls show Bernie Sanders popularity among all voters is plummeting
(DBN)

Alexandria Ocasio-Cortez suggested members of Congress should get paid more, but a majority of Americans want the complete opposite
(DBN)

Skeptical Democratic donors tell Joe Biden they will not raise funds for him at start of 2020 campaign Joe Biden faces a challenge winning over progressives
(DBN)

Fox News host Jeanine Pirro to be bumped for second-straight week following Omar comments
(DBN)

Donald Trump Recognizing Israel’s Sovereignty Over the Golan Heights Is Both Controversial and a Big Favor to Netanyahu Beset in Israel and facing a tough re-election, Netanyahu clings to Trump Trump's Golan Heights Move, Explained Trump's Mideast diplomacy in the age of Twitter
(DBN)

Under Trump, America increasingly loses its global lead
(DBN)

Trump Takes Credit for John McCain's Law Trump Defends His Attacks on John McCain Ernst: Trump Need to Lay Off John McCain
(DBN)

Millennials Are the Most Indebted Generation. They Can Thank Joe Biden.
(DBN)

James Comey warns the country will be torn apart if Congress removes Trump from office
(DBN)

Ivanka Not Preserving All Emails Kushner used WhatsApp to message foreign contacts in White House House Dems Have Evidence Jared and Ivanka Used Personal Email Accounts to Conduct White House Business
(DBN)

State plays hardball with Tim Eyman in bankruptcy court
(DBN)

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Newspapers:

Will Reading Eagle find a local buyer after bankruptcy? CFO leading group seeking to buy bankrupt Reading newspaper company
(DBN)

Court documents reveal Reading Eagle Company road to bankruptcy
(DBN)

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Farming:

Tough times in farm country
(DBN)

Thurston Mfg. Asks Court for Permission to Hire Financial Advisor During Bankruptcy
(DBN)

FactCheck: "Farmer suicide rates are as high as they have been since the Great Depression."
(DBN)

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Economy:

Weekly Initial Unemployment Claims decreased to 221,000
(DBN)

Trump got exactly what he wanted from the Fed, but for reasons he is going to hate Trump says U.S. economy would have grown 4% without Fed tightening
(DBN)

Philly Fed Mfg "Improved" in March
(DBN)

Survey: Lenders See Volatility, Uncertainty for the U.S. Economy in 2019
(DBN)

The Case Against Both Paul Krugman and MMT
(DBN)

A key recession indicator just did something that hasn’t happened in 12 years
(DBN)

Americans Agree: The Future Looks Grim
(DBN)

Here's how big tax refunds could be this year for people earning between $21,000 and $266,000
(DBN)

Apple just blew past Microsoft to become the world's most-valuable public company
(DBN)

A data point seen as the bellwether for global trade just tanked — and 'the floor is not yet in sight' Trump Tariffs Vex Investors. Here’s What Anxiety Looks Like
(DBN)

Factory workers at GM see layoffs, not benefits, after tax cuts
(DBN)

Inequality And Taxes: A Global Comparison
(DBN)

Why Trump Is Dragging China To The Plaza Hotel
(DBN)

30 Companies Getting the Most from Gov't
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

National Mortgage Delinquency Rate Increased in February
(DBN)

Existing Home Sales for February: Upside Surprise (Surprise for others)
(DBN)

The housing market is tipping in favor of buyers, real-estate agents say
(DBN)

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Municipalities:

PA Turnpike Commission ‘on the path to bankruptcy,’ auditor general says
(DBN)

Investors Keep Puerto Rico Bonds After First Chapter of Restructuring
(DBN)

Puerto Rico’s sovereignty issues raise concerns over responsibility for debt load
(DBN)

PROMESA’s Unfulfilled Promise
(DBN)

Puerto Rico gov’t warns fiscal board: Promesa doesn’t exempt panel from investigations
(DBN)

If done in a bipartisan way, Promesa can be amended, resident commissioner says
(DBN)

Up to $400 million in Puerto Rico military construction eyed for Trump wall
(DBN)

FEMA approves nearly $195 million in additional grants to Puerto Rico
(DBN)

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Oil/Gas:

Reviewing 2018 Oil and Gas DIP Financing Trends
(DBN)

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Autos:

American auto delinquencies are piling up, revealing the pains of the millions left behind by the US economic recovery Schroders Calls Fed's Scary Auto Delinquency Data ‘Fake News’
(DBN)

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Aviation:

Louisville manufacturer files for bankruptcy protection
(DBN)

After crashes, Boeing to make optional safety feature standard on 737 Max jetliners Turns Out Safety Was an Option on 737s
(DBN)

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Coal:

Westmoreland nearly finished with bankruptcy proceedings
(DBN)

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Celebs:

Sonja Morgan Opens up About Going Through Bankruptcy RHONY's Sonja Morgan says she isn't 'happy go lucky' after emerging from Chapter 11 bankruptcy
(DBN)

‘Real Housewives’ husband ‘Juicy’ Joe Giudice may soon be deported to Italy
(DBN)

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Cannabis:

Navigating The Legal Landscape Of Cannabis
(DBN)

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Healthcare:

Is the Bankruptcy Code Provision on Disposal of Patient Records Useless?
(DBN)

Boies Schiller Partner Files Antitrust Lawsuit Against Cancer Treatment Provider
(DBN)

US Overdose Crisis Keeps Getting Worse
(DBN)

Don't pin the opioid crisis just on Purdue. The guilt runs wide OxyContin-maker Purdue Pharma faces Congressional investigation
(DBN)

States looking to cap hospital rates
(DBN)

New Delaware Chapter 11 Filing – MabVax Therapeutics Holdings, Inc. et al.
(DBN)

Ore. Legislation Addresses Debt for Patients Who Can't Afford Medical Bills
(DBN)

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Education:

DeVos Keeps Striking Out in Court
(DBN)

______________

Personal Finance:

How to win the lottery, according to a Romanian-born mathematician who hacked the system, won 14 times, and retired on a remote tropical island Disappointing stories reveal what it's really like to win the lottery
(DBN)

Trump to Order Colleges to Back Free Speech Trump Free Speech EO Isn't About Free Speech
(DBN)

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Food/Beverage:

Owners of bankrupt San Antonio food company remain in control
(DBN)

Utah-based Even Stevens sandwich shop chain files for bankruptcy
(DBN)

New Delaware Chapter 11 Filing – Montesquieu, Inc. et al.
(DBN)

______________

Newspapers:

Berks officials react to Reading Eagle bankruptcy
(DBN)

______________

Student Debt:

FactCheck: "College debt has increased 170 percent since 2006 and now exceeds $1.5 trillion dollars, which is second only to mortgage debt and surpasses even credit card debt"
(DBN)

______________

Telecoms:

Dodging The Windstream Fallout: One Month Later
(DBN)

______________

Debt Collection:

U.S. Supreme Court Holds FDCPA Has Extremely Limited Applicability to Persons Engaging in Nonjudicial Foreclosure Proceedings
(DBN)

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New Bankruptcy Opinions
(5 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (22 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (8 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:

Bankruptcies rising in Tampa Bay for first time in years
(DBN)

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Sales:

Seventh Circuit Keeps The Door Open After Asset Sale And Limits The Scope of Section 363(m)
(DBN)

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Third Party Release:

Southern District of Texas Upholds Non-Debtor Third-Party Releases Based on Expansive View of Creditor Consent
(DBN)

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Cross-Border:

Foreign reorganization enforced in New York on international comity grounds
(DBN)

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Avoidance Actions:

Fraudulent Transfer Claims — In Constitutional Limbo
(DBN)

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Litigation:

Legal Financing Company Owes Investor’s Widow, Estate
(DBN)

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Hotels:

Premier Equities Takes the Reins at Bankrupt Flatiron Hotel
(DBN)

______________

Mass Torts:

The scare over contaminated kids’ makeup at Claire’s now has the attention of Congress
(DBN)

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Retailing:

Brookstone emerges from bankruptcy
(DBN)

A Rebranded Nine West Emerges From Chapter 11; Wells Fargo, Goldman Sachs Lead Syndicated Financing Package
(DBN)

Judge Says He Can't Decide $15M Sears Credit Card Row Yet
(DBN)

Judge advises Lampert’s firm to pay back millions swiped from Sears
(DBN)

Report indicates financial woes at former Franklin Mills mall
(DBN)

______________

Electricity:

Judge derails FES plan to exit bankruptcy while lawmakers consider bail-out bills
(DBN)

U.S. District Court Judge Denies Motions to Withdraw PG&E Adversary Proceeding from Bankruptcy Court
(DBN)

Who Should Pay for Wildfire Liability So Utilities Don't Go Bankrupt?
(DBN)

San Francisco joins critics of PG&E's bankruptcy bonus plan
(DBN)

______________

Crypto:

Mt. Gox Trustee: Creditors Will Soon Receive Decisions Over Rehabilitation Claims Mt Gox Trustee Approves Creditor Claims Worth Billions
(DBN)

Crypto-Collateral? Securing Loans with Digital Currency
(DBN)

______________

Fraud:

An attorney explains why she thinks the students involved in the college admissions scandal probably knew about it Quinn Emanuel, Greenberg Traurig Join College Bribery Case I Helped Investigate 18 Years of Paper Classes at UNC—Lessons for the Admissions Scandal USD Reveals Name of 'Varsity Coach' in College Admissions Scandal As colleges decide fate of children in admissions scandal, a key question: What did they know? Lori Loughlin’s Daughter Olivia Jade ‘Feels Lost’ Amid College Admissions Scandal: She’s in a ‘Strange Place’ USC student says alleged mastermind behind college admissions scandal solicited her mom USC Just Named a New President. Here's What She Said About the Admissions Scandal UTEP assistant coach Lamont Smith resigns after he's implicated in college admissions scandal Father admits on admissions scandal wiretap: ‘I’m not worried about the moral issue’
(DBN)

Desperate parents offer bribes to get their kids get into the best summer camps
(DBN)

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UK:

The Insolvency Service newsletter: Winter 2019
(DBN)

The EU agrees to delay Brexit if MPs back Theresa May's deal EU Takes Control of Brexit End Date Revoke Article 50: 1 million people sign petition for Brexit to be stopped Fear of UK Crashing Out of EU Grows as Brexit Date Nears Europe is Now Preparing for the End of Theresa May Brexit extension sharpens Britain’s choices
(DBN)

15 aspects of Brexit you did not know
(DBN)

UK will be forced to accept US food standards in a Brexit trade deal with Trump, warns former trade chief
(DBN)

Katie Price will be forced to pay back £12k a month to clear her debts
(DBN)

Debenhams Paves Way for New Loan From Lenders in Blow to Ashley Debenhams to ask creditors for an extra £200 million Debenhams shareholders may face wipe out in restructuring
(DBN)

London markets catch a case of Europe growth flu
(DBN)

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EU:

Roach: Imperfect EU May Not Survive
(DBN)

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India:

Property distress in India has Piramal prowling for acquisitions
(DBN)

NPA crisis: PSU banks’ recoveries less than write-offs in October-December this fiscal
(DBN)

Jet Airways crisis: Banks ask Naresh Goyal to pledge his 51% stake Jet good aviation property, resolution plan ready to bail it out: SBI Jet Airways pilots to stop flying from April 1 if salary dues not cleared
(DBN)

Nirav Modi, Fugitive ‘Jeweler to the Stars,’ Is Arrested in London Diamond tycoon Nirav Modi arrested in London over fraud claims U.K. Judge Denies Bail to Fugitive Diamond Tycoon Nirav Modi
(DBN)

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Turkey:

Financial distress and board of directors' liabilities
(DBN)

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Russia:

Russians in Heartland Sour on Vladimir Putin Over Money Woes
(DBN)

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Australia:

Creditors scuttle liquidators’ proposed compromise of proceedings
(DBN)

Crumbled Peter Rowland empire rising from the ashes
(DBN)

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