May 21, 2019

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Global Firm's Financial Woes May Point to Pitfalls of Rapid Lateral Growth
(DBN)

Tips from the Top: 8 GCs Share How to Get Ahead
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Two Routine Pieces Of In-House Legal Advice
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Law Schools Have To Actually Teach Lawyers For A Change Or Lose Accreditation ABA makes bar passage requirement tougher
(DBN)

With Second-Worst Pass Rate In More Than 30 Years, Almost Everyone Fails California Bar Exam
(DBN)

Jones Day Presses Plaintiffs to Go Public in Gender Bias Case
(DBN)

NYC Bar’s Diversity Push Aims to Tap Future Lawyers Early
(DBN)

Thousands of California attorneys in trouble over fingerprints
(DBN)

Skadden’s Hiring Practices Under Scrutiny: Greg Craig Attorneys Say There’s Nothing Wrong With Helping Paul Manafort’s Kid Get A Biglaw Job
(DBN)

Texas bar, state AG at odds in post-Janus fees fight
(DBN)

Separating Men From Women Isn’t The Solution For Harassment In The Legal Profession
(DBN)

Attorneys Should Get Credit For Diversity Efforts, Task Force Says
(DBN)

The Repercussions Of Having An Unpopular Client
(DBN)

Ex-BigLaw Atty Launches Suit Over Nixed Lewdness Charge
(DBN)

Partners At This Biglaw Firm Don’t Get The Mega Payday You Might Expect
(DBN)

Defense lawyers accuse military prosecutor of sending them emails with tracking software
(DBN)

How can Americans get the civic literacy they need for a functioning democracy?
(DBN)

Well, This Lawsuit Between Two Harvard Law Grads Is Proceeding In The Most HLS Way Possible
(DBN)

White House tells Don McGahn to defy congressional subpoena Justice Dept. Says White House Can Block Don McGahn's Congressional Testimony White House Blasted by Legal Experts for Blocking Don McGahn Testimony Nadler threatens McGahn with contempt if he doesn't testify in Congress McGahn No-Show the Start of Impeachment? McGahn's lawyer tells House panel he will defy congressional subpoena Don McGahn’s Testimony Would Be the Main Event There's a huge loophole in a new DOJ filing that Trump cited to block Don McGahn from testifying before Congress Why Trump Keeps Talking About a Failed Coup Brennan may have set his own perjury trap: Judge Napolitano Fining Bill Barr is Congress' Best Option Michael Cohen told Congress Trump lawyer Jay Sekulow discussed a 'global pardon' to 'shut this whole thing down' Dem Candidates Should Say They Won’t Pardon Trump If He’s Charged, Says Preet Bharara Michael Cohen reportedly told Congress that Trump lawyer Jay Sekulow instructed him to lie about the Trump Tower deal A federal judge dealt a huge blow to Trump's efforts to stonewall Congress US Judge Backs House Subpoena for Trump Financial Records
(DBN)

Feds examining tens of thousands of Trump inauguration docs The Key Clue That Investigation of Trump Inauguration Is 'Moving into the Next Stage'
(DBN)

Kushner Companies and Russian individuals exchanged suspicious money transfers at the height of the 2016 race, ex-Deutsche Bank employee says
(DBN)

Inspector General: Education Secretary Betsy DeVos Used Personal Email for Government Business
(DBN)

In the 'Chaos': Stephen Boyd Is DOJ's Point Man As Democrats Dial Up Pressure
(DBN)

'My Stomach Flipped': How a Lawyer Got Caught in a $400,000 Scam
(DBN)

5th migrant child dies after Border Patrol detention U.S. Supreme Court gives Trump victory on immigration detention Trump’s Immigration Proposal Is a Step in the Right Direction Iraqi Christian Asks SCOTUS to Stop His Deportation Because He’ll Be Persecuted, Court Declines to Get Involved
(DBN)

Big Law Support Company, Courtroom Sciences, Hit With Gender Discrimination Suit
(DBN)

Texas Attorney-Politician Committed Malpractice, Wins Do-Over on $3M Award to Litigation Funder
(DBN)

Former US Attorney in Georgia Surrenders Law License After Conviction for Stalking
(DBN)

Battle breaks out for WikiLeaks founder Assange’s computers It Will Be Up to Britain to Decide Whether U.S. or Sweden Gets to Try Julian Assange First
(DBN)

41% of college students believe hate speech not protected under First Amendment
(DBN)

New gun laws spark secret messaging, obstruction, recalls
(DBN)

Michael Avenatti's ex-girlfriend breaks her silence
(DBN)

Ethics probe opened after lawyer posts video of raccoon falling from his boat into water
(DBN)

My Chicago Synagogue Was Firebombed—But We’re Not Leaving
(DBN)

Lawyer convicted of wife’s murder argues only he can represent her estate in wrongful death case
(DBN)

NYPD Cop Allegedly Tried to Hire Hitman to Kill Estranged Husband, Boyfriend's Teen Daughter
(DBN)

Police Execute Search Warrant on NC Woman for Listening to Malcolm X Speech
(DBN)

Total Bull… Lawyer Keeps Buying Steer For Publicity And Then Not Paying, Says Lawsuit
(DBN)

A Salty Season Finale for 'Bull' Offers Great Tips for Witness Examination
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Judges:

Judicial Profile of Judge Scott Clarkson
(DBN)

Gorsuch Joins Liberals in Native American Hunting Case
(DBN)

Conservative SCOTUS Justices Kavanaugh and Gorsuch Disagreed on Three Decisions in One Day
(DBN)

Chief Justice On Newest Colleague: 'A Very Hard Worker'
(DBN)

Thomas dissent says SCOTUS should overrule decision protecting military from tort liability Ginsburg, Thomas Wanted to Hear Servicemember’s Suit House Bill Could Allow Troops to Sue Military for Medical Malpractice
(DBN)

Judge steered defendants to campaign contributor’s ankle-monitor company, report says
(DBN)

Second 9th Cir. Nominee in as Many Weeks Eyes Confirmation
(DBN)

New Group Plans Aggressive Defense of Trump Court Picks
(DBN)

Justice Kennedy Urges ‘Recovery’ of Public Discourse
(DBN)

New Documentary Examines Supreme Court Confirmations From Bork to Kavanaugh
(DBN)

More Than 200 Alabama Women Publish Essays on the State's New Abortion Law Trump Was Once Pro-Choice Why So Many Women Choose Abortion Over Adoption Elizabeth Warren Just Unveiled Her Abortion-Protection Plan. Here’s How It Would Work Extremists Winning War on Abortion
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The End of the International Criminal Court?
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Wall Street:

U.S. stock futures hint at rebound as investors watch trade headlines Dow futures pop 150 points after US eases trade restrictions on Huawei
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Global markets are rallying as Trump tempers Huawei ban after 'big reality check'
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Stocks close lower as tech takes brunt of trade tensions
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Layoffs:

Ford to cut 7,000 jobs by August, including 900 this week FORD to eliminate 10% of workforce
(DBN)

Around 100 layoffs looming at Ventura County Medical Center
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Retailing:

Dressbarn is going out of business, plans to shut all 650 stores Going out of business: Ascena Retail Group closing all of its nearly 650 Dressbarn stores
(DBN)

J.C. Penney shares sink after wider-than-expected loss
(DBN)

Sears Could've Been Amazon. Here's How It Blew Its Chances
(DBN)

Sears' Seven Decades of Self-Destruction
(DBN)

Kohl's stock sinks after profit and same-store sales miss, slashed profit outlook
(DBN)

14 retro electronics stores that no longer exist
(DBN)

China tariffs could trigger one of the biggest waves of store closures the US has ever seen, sparking the second coming of the retail apocalypse
(DBN)

Amazon is close to winning a 7-year battle with South American countries for the '.amazon' domain
(DBN)

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Celebs:

Boris Becker memorabilia auction to go ahead after bankrupt tennis star withdraws injunction
(DBN)

Jamie Oliver's UK restaurant chain collapses into insolvency
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Economy:

Chicago Fed "Index Points to Slower Economic Growth in April"
(DBN)

Fed Chair Powell: Business debt is rising but does not pose a threat to the system Powell Says Leveraged Lending Isn't Posing a Crash Threat
(DBN)

Consumers: Get Ready for Higher Prices
(DBN)

Be Afraid of the World, Be Very Afraid
(DBN)

Global Lawyers Discouraged by Trade War The Trade War Is Just the Beginning China tariffs could trigger one of the biggest waves of store closures the US has ever seen, sparking the second coming of the retail apocalypse Harley CEO on Trade War: We Can't Sit By Trump's trade war with China could start weighing on the biggest engine of the US economy Morgan Stanley: More tariffs on China could trigger a global recession Don’t underestimate the possibility of a ‘Reagan moment’ for Trump on China: El-Erian Huawei CEO says U.S. ‘underestimates’ the company’s strength Huawei’s biggest problem is now uncertainty, analysts say Huawei Founder: Clash with US Was Inevitable US-China trade war may ‘get worse before it gets better’ as Beijing cranks up its nationalism Here are some of the major issues that stand in the way of a US-China trade deal
(DBN)

Americans think they need more than $2 million to be considered wealthy, but that’s nothing compared to what residents in San Francisco say
(DBN)

US Deficit Fluctuations Since 1980s
(DBN)

Apple CEO Tim Cook’s Message to 2019 Graduates: ‘My Generation Has Failed You’
(DBN)

Millennials, Gen Z Pessimistic on Life
(DBN)

Trump's Good Economy is Only Good for the Likes of Donald Trump
(DBN)

Birth Rates in the U.S. Have Dropped to a 32-Year Low, and That's a Good Thing
(DBN)

Future foretold: A new America in 2040
(DBN)

What life is really like in the cheapest place in the US, where the typical home costs $110,000 and the Appalachian Mountains are in your backyard
(DBN)

GOP presses Trump to make a deal on spending
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Map: States Ranked Best to Worst
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US Debt Clock
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World Debt Clock
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How People Really Live
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Real Estate:

Quarterly Housing Starts by Intent
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Municipalities:

Chicago's Mayor Lightfoot Takes Office as Fiscal Woes Loom
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The 25 Richest Cities in America
(DBN)

The New Secession
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Oil/Gas:

Oil Rises But Some Drillers Are Filing For A Second Bankruptcy
(DBN)

OPEC is poised to defy Trump once again by keeping a lid on oil output
(DBN)

Shale Overhead Costs Under Fire as Investors Drill Even Deeper
(DBN)

15 Countries That Control the World's Oil
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Tech:

Facebook's CTO is so shaken by the toxic and violent content that has overwhelmed the social network that he cried in a New York Times interview
(DBN)

Apple's China problem isn't going away, HSBC says in its latest warning
(DBN)

Chipmaker stocks plunge on report that companies are dropping business with Huawei
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Debt Collections:

Debt Collectors Blast FCC Plan To Block Robocalls
(DBN)

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Healthcare:

Hospitals can’t set prices for two-thirds of patients
(DBN)

Hospitals are swimming in cash
(DBN)

Depression and Anxiety Is Most Prevalent in These States
(DBN)

Google AI successfully IDs lung cancer
(DBN)

A self-styled archbishop's conspiracy theory claiming that drinking bleach is a cure for autism was seen by millions on YouTube, and blamed for 2 deaths
(DBN)

41 new measles cases confirmed in U.S., sending total to 880
(DBN)

How to control medical debt after a cancer diagnosis
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Electricity:

A Preferred Way To Bet On PG&E
(DBN)

Risks are stacking up against the U.S. nuclear industry
(DBN)

Fastest-Growing Nuclear Business Is Tearing Down U.S. Plants
(DBN)

With Planned Power Outages This Summer, Is California Experimenting in ‘Green New Deal’
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Taxis:

Inquiries Into Reckless Loans to Taxi Drivers Ordered by State Attorney General and Mayor
(DBN)

Tax Man May be Coming for Uber, Lyft Drivers
(DBN)

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Fraud:

SEC Even Less Interested In Collecting Fines Than It Is In Levying Them
(DBN)

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Politics:

14 Years Ago, Warren And Biden Battled Over Bankruptcy. Their Fight Still Defines A Party Rift
(DBN)

Trump defends his creditworthiness after report says Deutsche Bank ignored red flags Trump lashes out after report bank found suspicious transactions After Whistleblower Steps Forward, Trump’s Lawsuit Against Deutsche Bank Is Even More Ridiculous
(DBN)

Rural Iowans Ponder a Trump Alternative
(DBN)

Trump's 'immigration czar' candidate Kris Kobach has a few demands before he agrees to take the job. They include access to a government jet, a security detail, guaranteed weekends off, and a promotion by the end of the year
(DBN)

GOP Congressman Responds to 4 'Falsehoods' Often Used to Defend President Trump
(DBN)

Trump bullies the refs
(DBN)

Kamala Harris vs. the gender pay gap Kamala Harris’s Equal Pay Plan Acknowledges The Weakness Of Lawsuits
(DBN)

Trump Rally Crowd Boos Fox News—'What's Going on With Fox?' Trump reignited his feud with Fox News for hosting a live event with Pete Buttigieg, prompting thousands of supporters to boo his favorite network Fox's Brit Hume Fires Back at Trump
(DBN)

Joe Biden’s promise: a return to normalcy Trump pokes at Biden at Pennsylvania rally
(DBN)

Mayor Pete Leans In on His Military Service
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Bill de Blasio's initial poll numbers for the Democratic presidential primary are alarmingly bad
(DBN)

Biden, Sanders Locked In Iowa Tie
(DBN)

Democrats’ impeachment dilemma, explained Trump impeachment calls: Pelosi pressed by top Dems to begin inquiry
(DBN)

Trump impeachment comment: House Freedom Caucus condemns Amash Trump Goes Nuclear on Amash
(DBN)

Trump gives up the game he’s playing with Congress during Fox News interview
(DBN)

It’s Time to Hold American Elites Accountable for Their Abuses
(DBN)

Hate crimes increased 226% in places Trump held a campaign rally in 2016, study claims
(DBN)

The Unchecked Corruption of Trump’s Cabinet
(DBN)

Least Favorite Governor Will Get Reelected
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Sleep Products:

Boca Raton sleep product firm files for Chapter 11 bankruptcy
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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
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Recent Ch. 11 Filings (34 new filings today)
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Recent Ch. 11 Adversary Proceeding Filings (12 new filings today)
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Bankruptcy Code (html) - Bankruptcy Code (pdf) Prior BK Codes (pick year from list) - Bankruptcy Rules
(large downloads)

UCLA-LoPucki Bankruptcy Research Database
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Chapter 11 Bankruptcy Case Studies
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Bankruptcy Jobs:

(1) (2) (3) (4) (5) (6) (7) (8)
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Seminars - (Contact us to list your seminar)

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Bankruptcy Statistics:

Weekly Bankruptcy Claims Trading Activity
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IP:

Supreme Court: Trademark Licenses Survive Bankruptcy Supreme Court rules trademark rights may survive bankruptcy rejection In Mission Product Ruling, Supreme Court Clarifies Longstanding Circuit Split on Effects of Bankruptcy on Trademark Licenses New Supreme Court Bankruptcy Decision Has Big Impact on Hollywood The Supreme Court's Decision in Mission Product Holdings is Significant for the Bankruptcy-Prone Fashion Industry Trademark License Survives Bankruptcy, Justices Rule The Supreme Court Has Spoken: Victory for Trademark Licensees Supreme Court Rules That A Debtor’s Rejection Of A Trademark Licensing Contract Under Section 365 Of The Bankruptcy Code Does Not Rescind The Contract Supreme Court Reiterates That Rejection of Executory Contract Constitutes Breach, Does Not Terminate Non-Debtor Counterparty’s Rights Under Contract Rejection under section 365 of the Bankruptcy Code does not rescind trademark license agreement
(DBN)

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Student Debt:

Morehouse debt relief highlights broken system for black students in higher ed The Morehouse debt cancellation and the growing black student debt crisis Morehouse College president talks Robert Smith's student debt gift Billionaire Vow to Erase Students' Debt Sows Joy, Confusion
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Automatic Stay:

Justices grant bankruptcy petition on finality of order denying stay lift
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Tax:

The very richest Americans have even less to fear from the IRS
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Labor:

New Colorado Law Criminalizes Some Wage Violations
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Climate:

"High risk" tornado outbreak underway in Texas, Oklahoma
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Pharma:

Novelion Therapeutics Announces Subsidiary Aegerion Pharmaceuticals to Recapitalize Through Court Supervised Process First Day Dec
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Personal Finance:

This couple met on an app that buys and sells used furniture — then used it to save $3,000 for their wedding
(DBN)

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Autos:

Tesla in ‘Code Red Situation’ as Sell-Off Exceeds 20% Tesla Needs To Stay Afloat Selling Metal Boxes On Wheels For At Least 9 More Years Tesla shares could drop to $10 in a worst-case scenario, Morgan Stanley says Tesla's Problems Add Up to a 'Code Red Situation,' Says Once-Bullish Analyst Tesla may avert bankruptcy, but it will still need $1 billion in cash
(DBN)

The Changing Mix of Light Vehicle Sales
(DBN)

Ford slashing 7,000 jobs as sweeping disruption hits automakers Ford plans new wave of layoffs, to shed 10% of its workforce by August
(DBN)

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Trucking:

Post Office to test autonomous semi trucks for hauling mail across state lines
(DBN)

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Aviation:

Delta CEO: What I Worry About the Most
(DBN)

US airlines are set to carry a record number of passengers this summer
(DBN)

American Airlines CEO reveals why a small Italian airline is the focus of the nastiest feud in the airline industry
(DBN)

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Religion:

Former Police Detective: Department Had ‘Marching Orders’ Not to Arrest Catholic Priests
(DBN)

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Mass Torts:

USC, Sex Abuse Victims Renew Bid For $215M Deal Approval
(DBN)

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Hotels:

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

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Entertainment:

Movie Studio That Made ‘Taken’ Seeks U.S. Bankruptcy
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UK:

The British pound is sinking as traders rethink Brexit odds Brexit: From Bad to Terminal?
(DBN)

As Safe as Houses? Insolvency in the UK Hotels Sector
(DBN)

Back to the future? The return of Crown preference
(DBN)

British Steel 'facing bankruptcy' within days Concern over 700 North-East jobs as British Steel 'faces insolvency UK unions to discuss troubled British Steel with government Troubled British Steel braces for insolvency in last-ditch loan talks
(DBN)

Dawnus creditors face £50m loss
(DBN)

Jamie Oliver restaurant woes as UK chain prepares for insolvency
(DBN)

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EU:

Populism smothers Europe's mainstream conservatives EU's Right Wing Ideology Laid Bare
(DBN)

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PIIGS:

Spain's retailer DIA avoids insolvency after agreement with Santander-source
(DBN)

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MENA:

Improving the position of secured creditors in bankruptcy proceedings in Kazakhstan
(DBN)

9 questions about the scary US-Iran standoff you were too embarrassed to ask Iran Quadruples Uranium Enrichment Trump and Iran may be on the brink of a war that would likely be devastating to both sides
(DBN)

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Austria:

Austrian Government Heads for Collapse
(DBN)

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Brazil:

Elliott Management opposes airline Azul on Avianca Brasil bankruptcy plan
(DBN)

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Australia:

Ben Fordham's fight to save Aussie farmers from bankruptcy
(DBN)

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India:

Billionaire Hinduja brothers weigh bid for Jet Airways Jet Airways shares soar 17 percent
(DBN)

India’s Money Engine Is Broken
(DBN)

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China:

Debt-Laden Hong-Kong Brokerage Hints at Lifeline as Winding-Up Petition Looms
(DBN)

Here's Where China's Debt Iceberg Shows the Biggest Risk
(DBN)

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South Korea:

Asiana Airlines offering has zero interest due to heavy debt and price tag
(DBN)

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Venezuela:

Venezuela opposition hires veteran lawyer Buchheit to help restructure debt
(DBN)

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