November 25, 2019

The Daily Bankruptcy News

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Law:

Biglaw Firm Delights With Up To $40,000 Extra In Bonus Money For Big Billers
(DBN)

Another Biglaw Bonus Match To Close Out The Week
(DBN)

Biglaw Bonus Bankroll: The Associate Compensation Scorecard (Fall 2019)
(DBN)

Schulte Roth & Zabel Announces Addition of Abbey Walsh
(DBN)

The Price Of Joining A Firm That Doesn’t Match Your Bonus
(DBN)

New Partners Are Worried About Mental Health and a Looming Recession
(DBN)

Going to Court Without a Lawyer Is New Normal for U.S. Litigants
(DBN)

Law School Students Want Picture Of Robert E. Lee Removed From Diploma
(DBN)

Blank Rome Welcomes New Restructuring Associate in Chicago
(DBN)

Going To These Law Schools Is Pretty Much Never A Good Idea
(DBN)

This Law School Has A Pretty Diverse Faculty
(DBN)

Struggling Law School Will Officially Lose Accreditation
Stripped of ABA Accreditation, Thomas Jefferson Law School Plans to Stay Open
(DBN)

Lawyer Signs on 1,800 Clients Suing JUUL After Learning His Son Vaped
(DBN)

Will Zendaya Be The Next Star To Become A Law School Student?
(DBN)

Former BigLaw partner is convicted of money laundering in cryptocurrency scheme
(DBN)

The Billable Hour Cookbook: Recipes For Every Hungry Lawyer
(DBN)

Trump Tax Return Fights Hit SCOTUS
(DBN)

Conservative Lawyers Respond to AG Barr's Speech
(DBN)

Trump’s ‘Fifth Avenue’ Lawyer on Familiar Turf at Supreme Court
(DBN)

I was a juror in Roger Stone's trial. We took his rights seriously.
(DBN)

Lawyer Suing Trump Over His DC Hotel Faced Skeptical DC Circuit Panel
(DBN)

The Prince and the Playboy Barr: Jeffrey Epstein's death was a "perfect storm of screw-ups" Queen Cancels Prince Andrew's Birthday Party After Epstein Interview Jeffrey Epstein on Pedophile Island
(DBN)

How Cop Stalled His Child Sex Abuse Case for Decades
(DBN)

Dallas: Sheriff’s Deputies Arrested for Looting Tornado-Ravaged Home Depot
(DBN)

Smugglers cut truck-sized hole to drive 16 through US-Mexico border wall, feds say Border agents seize 154 pounds of bologna in Texas Asylum-seekers in Arizona to be bused to Texas, then Mexico The Trump Administration Was Ordered to Let These Migrants Seek Asylum. It Didn’t Tell the Judges Hearing Their Cases AZ: Border Towns Protest Trump's Wall
(DBN)

Does ban on encouraging illegal immigration violate First Amendment? SCOTUS to decide
(DBN)

Immigration Heavy High Court Docket Mirrors Trump Priorities
(DBN)

Pope Francis Says 'Every Nation' Should Be Fighting to Protect Migrants
(DBN)

Navy May Kick Gallagher Out Anyway Trump's pardons are a disservice to the military The secretary of the Navy says Trump's tweet suggesting he'd block plans to expel a Navy SEAL is not a 'formal order' The White House is allowing the Navy to pursue disciplinary actions against Edward Gallagher, official says Trump undercuts his military leadership and dishonors troops who uphold our values Navy secretary forced out by Pentagon chief over handling of Navy SEAL's war crimes US Navy Secretary Quits Rather Than Violate His Oath of Office War Criminal Thanks Trump for Saving Him
(DBN)

TX: Bad Guy with Gun Kills Good Guy with Gun
(DBN)

AR-15 rifle, target list found after student threatens mass shooting at South L.A. school, sheriff says
(DBN)

Woman claims lewdness law is unconstitutional after she’s charged for appearing topless in front of stepkids
(DBN)

They find Viking coins worth millions using metal detectors - but their discovery leads to prison
(DBN)

Former White & Williams lawyer pleads guilty to defrauding firm, insurance clients
(DBN)

Ex-sheriff in school shooting sues over ouster
(DBN)

Maryland father allegedly gave son with suicidal thoughts a shotgun: 'Just do it'
(DBN)

Companies Staying Mum on FBI Surveillance of Customers, Records Show
(DBN)

CA: A Homeless Shelter That's Really a Jail
(DBN)

Man Arrested For DUI In Car With Fake License Plates Made From Beer Box
(DBN)

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Judges:

Casualties in courtroom of Fort Lauderdale bankruptcy judge applaud his exit
(DBN)

9th Circuit nominee described as 'arrogant' and 'lazy' gets judiciary committee OK
(DBN)

1 Missouri judge has literally been ordering overworked public defenders to violate ethics rule
(DBN)

Justice Ruth Bader Ginsburg released from hospital Justice Ginsburg released from hospital, 'doing well' at home, court says
(DBN)

Kids (Of Supreme Court Justices) Say The Darnedest Things
(DBN)

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Wall Street:

Dow futures rise 60 points as the stock rally looks to rebound from a one-week pause
(DBN)

Here’s what happened to the stock market on Friday
(DBN)

U.S. stocks hit record highs this week. Analysts call it a ‘nervous’ rally.
(DBN)

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Taxis:

Uber stock tanks after losing its London operating license — 'There is a risk that other cities could follow'
(DBN)

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Food/Beverage:

Falling tuna consumption didn’t kill Bumble Bee, but it didn’t help
(DBN)

Winning Lawyers in Palm Restaurant Case Awarded $4.5 Million in Fees, but Bankruptcy May Delay Payment
(DBN)

When town's only grocery closed, city hall opened its own
(DBN)

Dancing Cat Distillery files for Chapter 11 bankruptcy
(DBN)

Dean Foods collapse: Lessons from the demise of a dairy giant
(DBN)

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Pharma:

Doctor admits taking payoffs from drug maker to prescribe powerful opioid
(DBN)

Trump Says Drug Importation Plan Coming 'Soon'
(DBN)

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Utilities:

California faces decade of 'unique' wildfire blackouts
(DBN)

California fire victims forced to back of line; bankruptcy law puts earlier losses last
(DBN)

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Education:

Divorce? Marry off your kid? As financial aid confusion grows, parents consider drastic measures
(DBN)

After Christian college found out she was married to a woman, she was expelled, lawsuit says
(DBN)

We Don’t Need A List Of College Finances
(DBN)

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Fraud:

Deutsche Bank sues Madoff feeder funds for reneging on $1.6 billion claims sale
(DBN)

SEC Stops Ponzi Scheme Targeting Seniors, Small Businesses
(DBN)

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Food/Beverage:

Bumble Bee sale to FCF could leave US gov’t $56m short, civil litigants empty-handed
(DBN)

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Economy:

US consumer sentiment comes in higher than expected for November
(DBN)

Trump's Fed pick Judy Shelton cast doubt on central bank independence Trump's Fed nominee Judy Shelton recently questioned the need for an independent central bank
(DBN)

Q4 GDP Forecasts: 0.4% to 1.9%
(DBN)

This Economy is a Continuation of Obama's
(DBN)

Americans are holding record levels of credit card debt — but still planning a holiday splurge
(DBN)

World’s largest hedge fund reportedly bets over $1 billion on a big stock market sell-off soon
(DBN)

Kansas City Fed: "Tenth District Manufacturing Activity Continued to Decline Modestly in November"
(DBN)

Ray Dalio May Think Elizabeth Warren Will Make People Realize We’re Already In A Recession
(DBN)

Long-time market skeptic David Rosenberg warns that ‘recessionary pressures’ will hit consumers
(DBN)

Trump says trade deal with China is ‘very close’ Phase one trade deal may not get signed before additional tariffs kick in: US Chamber of Commerce Trade War Toll Approaches $1 Trillion Farm troubles raise risk for Trump in trade talks US committed to securing trade deal with China by year's end but can't turn blind eye to Hong Kong violence, top official says
(DBN)

The gig economy hits roadblocks from state-level regulators
(DBN)

The market and its fear gauge that tracks volatility are moving together. That could be a bad sign
(DBN)

‘Great Recession’ a decade ago is one reason your Christmas tree will cost more this year
(DBN)

The Cost Of Under-Estimating The Rise of Women: No Babies
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

Here’s where the housing shortage is the worst
(DBN)

Elizabeth Warren and Tom Steyer want to build millions of homes — where the 2020 presidential candidates stand on affordable housing
(DBN)

Abandoned malls are sputtering back to life with megachurches, rooftop pools and homeless shelters
(DBN)

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Municipalities:

2 years on, Whitefish company awaits payment, vindication for hurricane contract in Puerto Rico
(DBN)

The Caribbean’s extreme vulnerability to climate change: A “life or death” matter
(DBN)

US Cities That Went from Rich to Poor
(DBN)

Flint board members address deficit, possible school closures
(DBN)

The Cities in West People are Fleeing
(DBN)

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Oil/Gas:

Lack of Credit Is Latest Blow to the Struggling Shale Industry
(DBN)

Baker Hughes data show a fifth consecutive weekly decline in the U.S. oil-rig count
(DBN)

Lack of credit Is latest blow to the struggling shale industry
(DBN)

BMW Orders $11 Billion in Batteries for EVs
(DBN)

Seadrill: Another Debt Restructuring In The Making, But Don't Bet On Bankruptcy This Time
(DBN)

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Retailing:

If that was a retail apocalypse, then where are the refugees?
(DBN)

The retail industry could be headed for a tough holiday season. Here's a roundup of 3 companies that just cut their profit outlooks.
(DBN)

Sears will spend $443M to close down 142 stores
(DBN)

Avenue Stores Consents To Converting Case To Ch. 7
(DBN)

Malls are dying. Thriving ones are spending millions to reinvent themselves.
(DBN)

One Way J.C. Penney Can Tackle Its Big Debt Problem
(DBN)

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Newspapers:

The death knell for local newspapers? It's perilously close
(DBN)

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Healthcare:

Group Of Northwestern Skilled Nursing Facilities Files IN BK WD WA - First Day Dec
(DBN)

Americans bankrupted by health care costs: 4 questions answered
(DBN)

Middle Class Crushed by Health Insurance Cost
(DBN)

Cancer sends many patients into bankruptcy. Advisors are stepping up to stop that
(DBN)

Imminent Fifth Circuit Ruling Could Gut Affordable Care Act
(DBN)

University of Virginia Health System doctors decry aggressive billing practices by their own hospital
(DBN)

University to Students on Medicaid: Buy Private Coverage, or Drop Out
(DBN)

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Student Debt:

Debt-relief initiative for disabled veterans can resume after being placed on hiatus shortly after rollout
(DBN)

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Coal:

Bets on Coal End Where They Started: In Bankruptcy
(DBN)

Coal: Is this the beginning of the end?
(DBN)

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Celebs:

Toni Braxton Isn't the Only Braxton Sister to File for Bankruptcy
(DBN)

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Hotels:

Hotels: Occupancy Rate Decreased Year-over-year
(DBN)

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Awards:

Winners Announced for 18th Annual M&A Advisor Awards
(DBN)

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Auto Racing:

Bondurant bankruptcy fueled by charges, countercharges
(DBN)

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Accounting:

Accountancy Firms Rein In Holiday Partying After Sex Scandals
(DBN)

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Maritime:

Court Receives Four Offers for Bourbon Offshore
(DBN)

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Mass Torts:

Boy Scouts mortgage vast New Mexico ranch as collateral
(DBN)

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Agribusiness:

Land O'Lakes CEO: Farmers are in Crisis
(DBN)

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Aviation:

US to EU: Fix Open Skies Treaty or We Quit
(DBN)

Boeing’s top communications official to retire as Max crisis drags on
(DBN)

Boeing quietly unveiled a new version of the 737 Max, even though it is still grounded around the world
(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 (40 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (39 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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Litigation:

Vanishing Messages Muddle E-Discovery for Attorneys, Judges
(DBN)

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Bankruptcy Reform:

Veterans Disability Benefits Now Protected in Bankruptcy Proceedings
(DBN)

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Cross-Border:

Dispute Over Misappropriated Funds Meant For Chinese Hospitals Purchase Lands In Crews-Border Case in BK SD NY
(DBN)

Cross-Border Restructuring Case Study: syncreon
(DBN)

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Politics:

Warren left shaken after dozens of protesters storm rally Warren Names Three Congresswomen as Campaign Co-Chairs Elizabeth Warren Has Done the Hard Part. Now Comes the Harder Part.
(DBN)

Michael Bloomberg: 9 Things
(DBN)

Poll: Swing in Opposition to Impeachment House impeachment investigators reportedly have secret recordings of Trump and Rudy Giuliani, given to them by Giuliani's associate Lev Parnas House will move forward with impeachment inquiry after 'overwhelming' evidence from hearings, Schiff says Trump essentially admitted on live TV to doing the thing he's accused of in the impeachment inquiry If Bolton Won't Testify, Arrest Him Why a possible contempt count matters as much as the rest of the impeachment case Sondland Pressed Ukraine to Smear Biden Lindsay Graham Starts Biden Investigation Hill: Sondland Testimony Wasn't Credible Hillary Clinton asks if Republicans will place Trump "above the law" The highlights from all of the public impeachment hearings Trump repeats Ukraine conspiracy theory on 53-minute "Fox & Friends" call “Are you sure?” Trump’s Ukraine conspiracy theory was a bit much even for Fox & Friends Trump makes at least 18 false claims in ranting Fox & Friends interview How Trump keeps making it tougher for his GOP impeachment defenders Senators briefed that CrowdStrike theory is Russian-backed disinformation campaign Democrats Leave Trump in Suspense on Where Impeachment Goes Next Officials handed the House a pile of evidence for impeachment Trump's GOP support hardens despite damning impeachment testimony John Bolton’s absence grows conspicuous as Fiona Hill and David Holmes testify at impeachment hearing Trump Tells Fox & Friends ‘I Want a Trial’ Ronald Reagan's Speechwriter Says Trump Impeachment Case 'So Clearly Made' New Docs Show Pompeo's Role in Ukraine Affair Documents show Giuliani-Pompeo contact Yovanovitch testimony was the most viral impeachment hearing Why it was so satisfying to watch Fiona Hill take charge during impeachment hearing testimony What does female authority sound like? Marie Yovanovitch and Fiona Hill just showed us Nunes' 'carousel of allegations' all contain impeachable acts Sen. John Kennedy repeats Ukraine conspiracy theory about DNC server New Records Show Contact Between Pompeo and Giuliani A Split Decision From Congress Will Leave Voters With Final Say on Trump Schiff: I would be leading calls for impeachment if Trump were a Democrat Schiff says Democrats will press forward despite lack of testimony from key impeachment witnesses Conway: White House ready to "go on offense" in impeachment trial White House review turns up emails showing extensive effort to justify Trump's decision to block Ukraine military aid Mulvaney Sought to Justify Blocked Aid
(DBN)

Trump went on an unhinged tirade on ‘Fox & Friends’ — here are the 5 craziest moments
(DBN)

Nunes Spent $57,000 on Flights to Europe to Allegedly Investigate Bidens Nunes suggests CNN, Daily Beast committed crimes with reporting on Ukraine prosecutor Nunes denies allegation that he met with top Ukrainian prosecutor about Bidens Top Dem: Ethics probe likely on claim Nunes met with Ukrainian official
(DBN)

Hill: Giuliani's Views Could Haunt Us Rudy Giuliani Sought Role in Ukraine Bank Case While He Dug for Dirt Rudy Walks Back 'Insurance" on Trump Claim
(DBN)

Rudy Giuliani’s son makes $95,000 working as "sports liaison" for the White House
(DBN)

Rudy Giuliani References 'Insurance' Against Trump in Fox News Interview Rudy: If I Disappear, Biden Documents to Appear
(DBN)

Divorce hearing testimony of Giuliani associate sheds light on campaign donations
(DBN)

Mike Bloomberg files federal paperwork for presidential campaign – but he hasn’t decided to run yet Michael Bloomberg launches $5 million TV ad campaign in key states Former New York City Mayor Mike Bloomberg officially announced he's running for president Bernie Sanders Blasts Michael Bloomberg's $30 Million Ad Blitz Michael Bloomberg Entering 2020 Race an 'Egotistical Charade' says Activist Michael Bloomberg says he will not accept political donations in his 2020 campaign or a presidential salary if he wins
(DBN)

John Bolton claims White House refused access to his Twitter account
(DBN)

Black South Bend city council leader endorses Biden over Buttigieg
(DBN)

Rick Perry: God Chose Trump
(DBN)

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Autos:

October auto default rate stays on par with historical trendline
(DBN)

Elon Musk’s Net Worth Falls $768 Million After Tesla’s Botched Cybertruck Debut Elon Musk Left Stunned as Armored Glass of Cybertruck Windows Break in Demo
(DBN)

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Climate:

What makes the 2020 election historic for climate change
(DBN)

Students swarm field at Harvard-Yale football game, chant 'OK boomer' in climate change protest
(DBN)

Unearthed journal reveals coal industry knew about climate change and dangers of burning fossil fuels in 1966
(DBN)

82 Days Underwater: The Tide Is High, but They’re Holding On
(DBN)

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UK:

Boris vows to improve insolvency rules and better protect victims of disasters like the Thomas Cook collapse
(DBN)

Boris Johnson photographed with suspected Russian spy 
(DBN)

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Hong Kong:

Trump Likely to Sign Hong Kong Democracy Bill
(DBN)

After months of pro-democracy protests, Hong Kong votes Hong Kong's pro-democracy parties sweeping pro-Beijing establishment aside in local elections
(DBN)

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MENA:

UAE: New insolvency law an organised and transparent system to settle debts
(DBN)

In Iran, 'rage is escalating' as economic stress reaches new level
(DBN)

Judge orders Iran pay $180 million in damages for detaining Washington Post reporter
(DBN)

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India:

Debt pile mounts in realty - Bankruptcy fear grows among developers
(DBN)

Spectrum fee relief not enough for debt-laden Indian operators
(DBN)

RCom lenders reject resignation of Anil Ambani, 4 other directors
(DBN)

How Do We Ensure India’s Insolvency and Bankruptcy Code Keeps Working Well?
(DBN)

Bid to shield stressed assets
(DBN)

Govt plans to amend IBC to ring-fence buyers of stressed assets from prosecution
(DBN)

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Argentina:

Argentina creditors jockey for lead ahead of US$100 billion debt talks
(DBN)

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Tanzania:

Fastjet Airline Declared Bankrupt And Shutting Down
(DBN)

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South Africa:

Insolvent SAA cannot afford the 5.9% wage increase it has signed
(DBN)

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Australia:

Westpac Chiefs Race to Save Their Jobs as Scandal Engulfs Bank
(DBN)

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