May 2, 2019

The Daily Bankruptcy News

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Law:

Bankruptcy Court Orders N.J. Counsel to Pay $59K in E-Discovery Sanction Fees
(DBN)

Making Partner Might Not Be As Great As You Think It Will Be At This Biglaw Firm
(DBN)

Shearman & Sterling Adds Restructuring Partner Luckey McDowell In Texas Shearman & Sterling hired former Baker Botts restructuring partner Luckey McDowell as a partner in Houston
(DBN)

Law Schools Need More Women To Enroll
(DBN)

Employer may not have cake and eat it
(DBN)

Firm sets ‘bold’ 35% gender partnership target
(DBN)

Law Schools Where Starting Salaries For Graduates Exceed Their Student Loan Debt
(DBN)

Reflections On Legal Employment Outcomes Over The Past Five Years
(DBN)

Ultimate Bar Passage — Law Schools At Risk
(DBN)

Visualizing legal employment outcomes in DC-Maryland-Virginia in 2018
(DBN)

Businesses double down on mandating diversity from outside counsel
(DBN)

Dirty Tactics Lawyers Should Rarely Use
(DBN)

Fear and Lawyering: Create a work culture of ‘psychological safety’ that encourages taking intellectual and creative risks
(DBN)

Public defender had PTSD from representing sex offenders, EEOC says in disability suit
(DBN)

Do The Right Thing: Know When To Apologize
(DBN)

Texas AG Targets State Bar Association
(DBN)

Survey Says Law Schools Need To Do A Better Job Providing Mental Health Services
(DBN)

New ABA Membership Strategy Aims to Reverse Slide
(DBN)

Straddling two identities as a lawyer and DACA recipient
(DBN)

Rethinking Reactions to Stress: You can’t control the sources of your anxiety—only your response
(DBN)

You Have a Point There: Test your punctuation skills with a little quiz
(DBN)

Beyond The 'Practice Ready' Buzz: Skills Needed By New Attorneys To Disrupt The Legal Industry
(DBN)

Read the letter Mueller sent Bill Barr objecting to description of report Mueller Pushed in Letter for Barr to Release Report’s Summaries Barr: It's Not Obstruction of Justice if It Works 3 winners and 3 losers from William Barr’s Mueller report testimony There Was No Legal Reason for Barr to Withhold Mueller's Executive Summaries ... But He Did Sorry, But Attorney General William Barr Didn’t Commit Perjury Barr Testimony: Mueller May Have Some ‘Splainin’ To Do Bill Barr is Trump's dream attorney general Barr Says Trump Order to Fire Mueller Wasn’t Proved `Corrupt’ Barr Professes Ignorance on Mueller Report Mueller handed over a blank coin. Should he be shocked at Barr's stamp on it? 6 takeaways from Barr's tense hearing Barr says he disagreed with Mueller's assertion that he should not make obstruction call Dems rip into Barr after Mueller points to missing "context" of investigation summary Elizabeth Warren calls on Attorney General William Barr to resign over his 'efforts to suppress the Mueller report' Barr, Mueller trade barbs as Russia probe rift goes public Republicans Turn on Bob Mueller Barr went to incredible lengths to argue why a key interaction between Trump and Don McGahn was not obstruction Barr's Most Absurd Defenses of Trump Conduct Democrats who voted to confirm Attorney General Barr are starting to have 'buyer's remorse' Just 2 lawmakers have seen less-redacted Mueller report House Judiciary votes to allow staff lawyers to question AG Bill Barr Key takeaways from AG Barr's testimony, Mueller's letter Lindsey Graham kicked off Barr's testimony by whipping up a Hillary Clinton conspiracy theory Five Times Lindsey Graham Made a Fool of Himself During the Barr Hearing 'The Mueller Report' is officially a best-seller Bill Barr Didn't Really Need This Job Kamala Harris Sticks the Landing Harris exposes how Barr reviewed little evidence before his obstruction decision Mueller Left a Gap. Barr Just Filled It.
(DBN)

AG William Barr won’t attend House Judiciary hearing scheduled for Thursday House Democrats consider holding Barr in contempt of Congress
(DBN)

Schiff Hires Ex-Chief of FBI Financial Crimes Section as House Intel Probes Trump’s Finances Fines? Jail time? Democrats leave all options on the table for enforcing subpoenas House Democrats consider holding Barr in contempt of Congress Trump resists congressional subpoenas. That's what presidents do House Democrats denounce Trump suit to block subpoena of financial records as threat to congressional oversight
(DBN)

Did Trump Waive Executive Privilege over McGahn’s Congressional Testimony?
(DBN)

“How Come I’m The Only One?” Cohen’s Claims Victim Status Before Heading To Prison
(DBN)

Trump says border crisis is about criminals, gangs; administration says it's about families, children White House asks Congress for $4.5 billion in emergency spending for border Emails Show No Way to Link Separated Kids
(DBN)

Anti-Semitic attacks spike, killing most Jews in decades Poway and Pittsburgh: the rise in murderous anti-Semitism, explained
(DBN)

Gov’t Must Hand over Private Emails About Trump’s Defunct Voter Fraud Commission
(DBN)

Judge refuses to toss Democrats’ emoluments suit against Trump
(DBN)

Empire's Back. Jussie Smollett Won't Be
(DBN)

Motorcyclist Crashes While Flipping Off Woman On Highway
(DBN)

He wasn't allowed to bring his dog inside a bar. So he rammed the bartender with his car
(DBN)

Virginia man shoots two people after argument over which is better brand: Chevy or Ford?
(DBN)

IRS Grants Tax Exempt Status To Satanic Temple
(DBN)

Anonymous anarchists claim responsibility for flooding lawyer’s office because of ICE union work
(DBN)

Man Allegedly Shot 60-Year-Old Military Veteran at Least 20 Times with Paintball Gun
(DBN)

Alabama Rep: “Some Kids Are Unwanted, So You Kill Them Now Or You Kill Them Later.”
(DBN)

Texas attorney masters the craft of a legal-themed microbrew business
(DBN)

Covington teenager sues NBC for $275M, lawyer says
(DBN)

Cops: In Escalating Fight, Man Flushed Kin's Cremated Remains
(DBN)

Overwhelmed Atty Doesn't Deserve Suspension, Panel Says
(DBN)

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Judges:

Mandamus Petition Seeks to Enforce Bankruptcy Judge's Recusal in Malpractice Lawsuit
(DBN)

Judge faces scrutiny over anti-immigrant articles he shared on Facebook, including one by Holocaust denier
(DBN)

The legal writing habit judges say they can't stand
(DBN)

With Recusal, Judge In Proton Beam Therapy Class-Action Lawsuit Shames UHC
(DBN)

Trump Judicial Train Rolls on With Texas, Alabama Picks
(DBN)

Illinois Judge Imposes $1M Sanction Over ‘Frivolous’ Claims (1)
(DBN)

2 judges attending judicial conference are shot and wounded in White Castle parking lot
(DBN)

If your judge is your Facebook friend, should that be disqualifying?
(DBN)

Justice by Numbers: Proposals resurface to expand the size of the court
(DBN)

Judge Dismisses Incomprehensible, Pointless Pile of Papers
(DBN)

Justice Stevens, in New Essay, Laments Washington's Partisanship
(DBN)

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Wall Street:

US stock futures signal a muted open as Wall Street digests Powell comments
(DBN)

Stocks sink after Fed appears to dash hopes of a rate cut
(DBN)

The S&P just did something it hasn’t done in three decades
(DBN)

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Layoffs:

The End of the Line
(DBN)

Amazon: No Need for Workers in Ten Years
(DBN)

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Electricity:

FERC Can't Oversee FirstEnergy Power Deal, 6th Circ. Told
(DBN)

PG&E outlines plan to create $105 million housing fund for wildfire victims
(DBN)

SDG&E takes its long-running dispute over wildfire costs to U.S. Supreme Court
(DBN)

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Lasers:

Apex-based technology firm to 'restructure,' files for bankruptcy
(DBN)

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Economy:

Construction Spending decreased 0.9% in March
(DBN)

ISM Manufacturing index Decreased to 52.8 in April
(DBN)

ADP: Private Employment increased 275,000 in April
(DBN)

First-Quarter Job Cuts Confirm Economic Weakness Spreading
(DBN)

Treasury: US May Need to Stop Borrowing
(DBN)

The Cost Of Servicing The U.S. Federal Debt
(DBN)

Fed leaves interest rates unchanged as U.S. economy motors along FOMC Statement: No Change to Policy Fed holds interest rates steady as economy grows at ‘solid rate’ and inflation stays low Resisting WH pressure, Fed holds rates steady Fed holds rates steady and signals no hikes in coming months but upgrades economic outlook
(DBN)

Here’s the one word from Jerome Powell that has people raising their eyebrows
(DBN)

Thune says Trump's choice of Moore for Fed 'is in trouble,' expects decision on nod this week Stephen Moore has a history of questionable comments. Here's a roundup The farce surrounding Fed nominee Stephen Moore reveals the depths of GOP cynicism Stephen Moore’s imperiled nomination to the Federal Reserve Board, explained
(DBN)

Trump's tariffs are forcing Americans to pay 12% more for washing machines VW says it’s ‘optimistic but also realistic’ after US tariff threat on cars
(DBN)

This map shows the highest-paying job in every state, excluding doctors
(DBN)

Profitable Giants Like Amazon Pay $0 In Corporate Taxes. Some Voters Are Sick Of It.
(DBN)

The Story Behind the 2017 Tax Cuts
(DBN)

California's population rate growth hit an all-time low in 2018
(DBN)

Can't Stop, Won't Stop (Working)
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

Zillow Case-Shiller Forecast: National YoY House Price Gains in March similar to February
(DBN)

Rochester: Lenders poised to take over apartment empire amid massive mortgage fraud probe
(DBN)

Mortgages Are Getting Riskier Again: Should We Be Worried?
(DBN)

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Municipalities:

Puerto Rico to eliminate coal power next year
(DBN)

New Senate GOP offer on disaster aid bill gives $300 million boost to Puerto Rico
(DBN)

Trump: No Shipping Waivers for Puerto Rico
(DBN)

People in Detroit are hiring paramilitary guards because they’ve lost faith in the government
(DBN)

Teachers in Carolinas leave classroom to rally for higher pay, more school funding
(DBN)

States are cutting public retirees' health benefits
(DBN)

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Oil/Gas:

San Antonio oil man Brian Alfaro’s property hits the auction block
(DBN)

Maine governor introduces bill requiring 80% renewable energy by 2030
(DBN)

Trump to Roll Back Deepwater Horizon Rules
(DBN)

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Festivals:

Woodstock 50 Festival Collapsed Over Massive Crowd Shrinkage
(DBN)

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Food/Beverage:

Kona Grill files for bankruptcy protection
(DBN)

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Radio:

iHeartMedia Completes Restructuring, Emerges From Bankruptcy
(DBN)

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Cigarettes:

NJOY, a Once Bankrupt E-Cigarette Maker, Now Seeks $5 Billion Valuation
(DBN)

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Religion:

Duluth Diocese will pay abuse victims $40 million Diocese of Duluth, survivors of clergy abuse reach agreement in Chapter 11 bankruptcy
(DBN)

As Atlanta's archbishop prepares to take the helm in Washington, prosecutors begin investigating Georgia church
(DBN)

Conservatives want Catholic bishops to denounce pope as heretic
(DBN)

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Coal:

Cloud Peak gets another reprieve amid bankruptcy concerns
(DBN)

Asian banks are backing away from new coal plants
(DBN)

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Guns:

How America’s Oldest Gun Maker Went Bankrupt: A Financial Engineering Mystery
(DBN)

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Mass Torts:

U.S. environment agency says glyphosate weed killer is not a carcinogen
(DBN)

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Telecoms:

Uniti Group: A Look At What The Market Is Pricing In
(DBN)

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Marijuana:

US DOJ: Cannabis staffing firm employee cannot file for bankruptcy
(DBN)

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Consumer Finance:

The government move that threatens to keep Americans trapped in debt
(DBN)

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Logistics:

Scoobeez Files for Chapter 11 Bankruptcy
(DBN)

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Fraud:

In College Admissions Scandal, Family Paid $6.5 Million to Get Their Daughter into Stanford
(DBN)

Elite Private Schools and Admissions Scandal
(DBN)

NASA Scammed on Aluminum for 19 Years
(DBN)

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Travel:

Man stopped with moose poop at Alaska airport told agents it’s for politicians, TSA says
(DBN)

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Retailing:

Another Day, Another Sears Debacle
(DBN)

How Modell’s survived a bankruptcy scare
(DBN)

Shopko, Sun Capital propose $15 million payment to settle claim of improper dividend payments
(DBN)

Sudden closure of outdoors retailer Ascent Outdoors and Ascent Cycles shocks employees and customers
(DBN)

These 12 retailers have filed for bankruptcy or liquidation in 2019
(DBN)

Packing boxes with Amazonian speed
(DBN)

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Celebs:

Joe Giudice’s Mother Reportedly Dealing With Bankruptcy Amid His Deportation RHONJ Star Joe Giudice’s Sick Mom Filed For Bankruptcy Twice While He Was In Prison, Amount She Owes Is Revealed As Teresa Is ‘Overwhelmed’
(DBN)

‘Never underestimate Kim Kardashian’, says lawyer helping star realize legal dream
(DBN)

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New Bankruptcy Opinions
(6 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (Temporarily Unavailable)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (40 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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UCC:

Do Not Overlook Assignee When Sending PMSI Notices
(DBN)

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D&O:

Insurer Ordered to Provide $40M to Fight Lawsuits Involving Defunct RCA Capital
(DBN)

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Litigation:

Litigation Funding Picking Up, but Not Quite for Defense, Lawyers Say
(DBN)

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Arbitration:

Bankruptcy Doesn't Void Arbitration Agreements With Creditors, Federal Judge Rules
(DBN)

Jay-Z’s ADR problems: Mogul’s case spotlights lack of diverse arbitrators
(DBN)

____________

Healthcare:

Medical debt forcing Tennesseans into bankruptcy
(DBN)

Anka Behavioral Health files for bankruptcy protection
(DBN)

Medicare-for-all plans get a reality check
(DBN)

Hundreds quarantined on cruise ship because of measles infection ‘Avengers: Endgame’ fans exposed to measles at midnight premiere, LA officials say
(DBN)

Trump, GOP urge 5th Circuit to nuke Affordable Care Act US Justice Dept. Goes All In, Embracing Texas Judge's Obamacare Takedown DOJ Lays Out Case for Killing Obamacare The Trump administration's case for killing the ACA
(DBN)

Medicaid expansion fails in Kansas
(DBN)

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Autos:

Faraday Future is working with ‘a bankruptcy legend’ to stave off collapse
(DBN)

With His Martyrdom Approaching, Elon Musk Has Found His Saint Peter Tesla shares pop on plan to raise $2 billion from investors including CEO Elon Musk
(DBN)

Loan losses are worse than expected at two subprime auto lenders
(DBN)

Mercedes Sales Follow Audi To The Bottom With a 15.7% Freefall In April
(DBN)

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Education:

Fast-track bills would aid Minnesota students hurt by Argosy closure
(DBN)

Do Some Professors Charge Students For Letters Of Recommendation?
(DBN)

If A Professor Is Barred From Hitting On A Student, Is It OK The Moment She Becomes A Former Student?
(DBN)

Study Shows Significant Impact Of Legacy Status On Admissions
(DBN)

Fired Economics Professor Claims Arizona State Required Him To Fail 30% Of Class, Profited From Students' Use Of Courseware Required To Turn In Homework
(DBN)

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Resorts:

3 entities affiliated with Timberline Four Seasons Resort file bankruptcy paperwork in federal court
(DBN)

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Politics:

Trump depicted in Mueller report feared being called a fraud
(DBN)

Poll finds hunger for change to US system of government
(DBN)

Give Elizabeth Warren credit where it's due
(DBN)

Joe Biden's message to Donald Trump: I'm no socialist Biden’s rise tests Trump plan of casting foes as socialists As Biden joins 2020 race, a network of big-money Obama donors jumps in with him China is 'not competition for us,' Biden says, prompting pushback from Republicans Trump, Biden set for union vote battle Biden Calls for Restoration of Middle Class in Iowa Rally
(DBN)

The Sliming Of Pete Buttigieg
(DBN)

The American economy needs ‘rebalancing,’ says 2020 Democrat Amy Klobuchar
(DBN)

Climate change is a massive issue for Democrats in 2020
(DBN)

Emails Reveal Taxpayers Footing the Bill for Trump Admin Aides' Lavish Night at Mar-a-Lago
(DBN)

The Shadow Players in Trump's World
(DBN)

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History:

Jews fleeing the Holocaust weren't welcome in the US. Then FDR finally offered a refuge to some.
(DBN)

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PIIGS:

Alitalia Airlines Still Facing Bankruptcy
(DBN)

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Canada:

Defunct CWHL raises $90,000 through sales of trophies, jerseys to pay off debt
(DBN)

Money woes continue for MacBride Museum
(DBN)

Trident Exploration Corp. Ceases Operations
(DBN)

Oil and gas well drilling forecast plunges again, as slowdown deepens
(DBN)

Junior producer cites gas prices, tax bills, court decision as it shuts down Shuttered junior gas company simply walked away from 4,700 wells, says Alberta Energy Regulator
(DBN)

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India:

Insolvency drill falls short of expectations
(DBN)

Jet's promoters may face fund diversion probe
(DBN)

Cash-strapped Air India forced to ground 20 planes
(DBN)

IBBI seeks to penalize ‘flippant’ bidders to prevent fraud at bankrupt companies
(DBN)

Insolvency code produces results
(DBN)

Fear of losing a company post IBC changing credit behavior
(DBN)

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China:

Yingli reveals the full extent of its huge debt mountain
(DBN)

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Australia:

Former WA premier Brian Burke linked to $20m collapse of Greentop Nominees
(DBN)

Bestjet collapse: The little-known consumer loophole costing Australian travelers thousands
(DBN)

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Venezuela:

Guaidó supporters and Maduro forces clash in second day of Venezuelan protests
(DBN)

Venezuela: Maduro Claims Victory
(DBN)

Venezuelans say they want embassy back; 50 Americans are living there
(DBN)

How an Elaborate Plan to Topple Venezuela’s President Went Wrong
(DBN)

Russia has secretly installed nuke missiles in Venezuela, US politician claims in chilling echo of Cuban Missile Crisis
(DBN)

Pompeo Threatens War with Venezuela
(DBN)

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