October 10, 2019

The Daily Bankruptcy News

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Law:

Jones Day Says Female Lawyers’ Sex Bias Claims Still Lacking
(DBN)

McDermott Builds Bankruptcy Group with Partner Pair in Chicago McDermott Nabs Top Transactions And Private Equity Partners For Growing Restructuring And Insolvency Group With The Addition Of Felicia Perlman & Brad Giordano
(DBN)

Is It Appropriate To Hold A Law Firm Event At A Burlesque Show? Asking For This Law Firm.
(DBN)

Dentons Chases Big 4's Footprint With New US Strategy
(DBN)

Anti-Semitic ‘Trump’ Graffiti Discovered At The Most Prestigious Law School
(DBN)

Practically Invisible: Kirkland & Ellis' New Black Partners
(DBN)

Kim Kardashian Wants To Specialize In Criminal Law, Start Her Own Law Firm
(DBN)

Lie ends London insolvency lawyer's career
(DBN)

A Big Law ‘Social Network’ Wants to Get Partners Using Tech
(DBN)

Akron Law Joins Growing List of Law Schools to Accept GRE
(DBN)

Dan Markel Defendant in FSU Professor Murder Trial Says She Thinks Victim's Brother-in-Law Was Involved
(DBN)

LSAT will change for all would-be lawyers as a result of blind man’s lawsuit settlement
(DBN)

Many Attorneys Don’t Really Practice Much Law
(DBN)

Law Grad Who Disclosed Alcoholism as Student Claims Bar Is Now Taking Punitive Action
(DBN)

A 36-year-old New York lawyer who makes $270,000 says he lives off rice and beans so he can save 70% of his salary. He's part of a growing movement of pinching pennies to retire early.
(DBN)

12 common grammar mistakes you're probably making right now (and how to avoid them)
(DBN)

DOJ charges Defense Intelligence Agency employee for leaking highly classified information to the media
(DBN)

Rural Economy Becomes Dependent on Immigration Prisons
(DBN)

8 Year Old Climbs Replica of Trump's Wall
(DBN)

Judge: DOJ Must Turn Over Mueller Material
(DBN)

Ex-Prosecutor, Who Defended Trump Attorney General Barr, Admits He Was 'Flat-Out Wrong'
(DBN)

Fox terminates Trey Gowdy amid reports he joined Trump’s legal team
(DBN)

7 Facepalm Moments During Oral Arguments in SCOTUS LGBTQ Discrimination Case
(DBN)

Evidence from ex-Dallas cop’s murder trial fuels mistrust
(DBN)

Murder conviction vacated on basis of ineffective lawyering that included false statements to jury
(DBN)

Attorney Allegedly Paid Pregnant Women to Give Up Their Babies in Adoption Fraud Scheme
(DBN)

Lawyer is charged with drug possession after a bag of cocaine allegedly falls out of his pocket outside of court
(DBN)

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Judges:

Kavanaugh keeps observers guessing in arguments on protections for gay and transgender workers
(DBN)

Trump Appointee Gorsuch Plays Coy In LGBTQ Employment Rights Case
(DBN)

Justice Alito’s Got Jokes About Overturning Legal Precedents
(DBN)

Houston Judge Won't Recuse Amid Claims Litigators Contributed to His Campaign
(DBN)

Experts: Deeper Hole Dug for Judge Who Hugged Ex-Cop Amber Guyger, Botham Jean's Killer
(DBN)

Stephanie Seymour: Judge From Historic Class Learned Independence Early
(DBN)

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Wall Street:

Dow futures slip in wild overnight trading after report that trade talks have stalled
(DBN)

Stocks close higher on hopes for China trade progress
(DBN)

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Layoffs:

Halliburton Cuts Workforce in U.S. Rockies on Lower Activity
(DBN)

WeWork Layoffs: Startup Cuts 500 More Tech Jobs In Cost-Cutting Efforts
(DBN)

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Coal:

Bankrupt U.S. Coal Producer Closes Four Mines After Prices Slump
(DBN)

Bankrupt coal companies owe $1M to state governments
(DBN)

Miners in Kentucky are still feeling the hurt
(DBN)

‘War on Coal’ Barely Dented Already-Wounded Industry, Study Says
(DBN)

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Autos:

U.S. jobs are key issue as GM strike drags on
(DBN)

GM Suppliers Hurting From Autoworkers Strike, Too
(DBN)

GM Factory Hands Making 40% Less Than Their Co-Workers Are Fed Up
(DBN)

Consumer Reports slammed Tesla's controversial Smart Summon feature, saying it sometimes acted like a drunk driver
(DBN)

Ford Dealer: Guns, Bibles and Assault Weapons
(DBN)

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Student Debt:

Relief May Be In Sight: ABI Commission on Consumer Bankruptcy Issues Recommendations on Student Loan Dischargeability in Bankruptcy
(DBN)

More Americans say they'd give up vacation days if their boss paid off their student loans
(DBN)

Federal judge slams DeVos and Education Department for violating order and weighs sanctions
(DBN)

Don’t Fall For This $5 Million Student Loan Scam
(DBN)

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Maritime:

Bourbon Receives Takeover Offer
(DBN)

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Taxis:

I drive for Uber and Lyft — here's exactly how much I make in one week
(DBN)

Uber losses slam stock of James River as insurer cancels all policies
(DBN)

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Mass Torts:

Johnson & Johnson ordered to pay Pennsylvania man $8 billion over claims he wasn't warned antipsychotic drug could make him grow breasts
(DBN)

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Pharma:

Purdue’s Sacklers Get Closer to an Opioid Trial in Massachusetts
(DBN)

Should we 'settle in for a decade' of fighting in Purdue Pharma bankruptcy?
(DBN)

Opioid makers' latest legal woe: West Virginia handyman
(DBN)

Jury award against Johnson & Johnson sends signal to drug industry
(DBN)

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Food/Beverage:

Franchisee wants to close 7 underperforming Lowcountry Burger King restaurants
(DBN)

The Trump Administration Wants Restaurant Servers To Do More Work For Less Pay
(DBN)

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Skiing:

Mount Snow parent company wants Hermitage snowguns
(DBN)

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Economy:

Market may be expecting more rate cuts than the Fed will deliver, meeting minutes show FOMC Minutes: "More concerned about risks associated with trade tensions and adverse geopolitical developments" Fed grew more worried about economy at September meeting, minutes show Fed Minutes Show Debate Emerges On When To Halt Policy Easing
(DBN)

The Fed Can’t Fight This Kind of Inflation
(DBN)

Fed GDPNow latest forecast: 1.7 percent
(DBN)

BLS: Job Openings "Little Changed" at 7.1 Million in August
(DBN)

The cornerstone of the US economy is raising some serious red flags, UBS says
(DBN)

Consumers' Economic and Financial Concerns Keep Housing Confidence in Check
(DBN)

Why are millennials unfazed by the national debt?
(DBN)

Former Trump campaign advisor Stephen Moore: ‘We knew we weren’t going to get 5% growth’
(DBN)

China is reportedly open to a partial trade deal with the US — but only if Trump scales back planned tariffs Fitbit will move production out of China amid trade war Stocks are rallying on a report that China is offering to buy more American agricultural goods to ease the trade war US-China trade talks are about to start — a cut-down deal could lift some tariffs by year-end Low expectations for trade talks: ‘If you’re looking for good news, they didn’t cancel the trip’ How Trump’s Tariffs Are Creating Jobs — for Canadians Trump administration dials up pressure on Beijing as new tariffs loom Major markets in Asia rebound after report Trump may announce Huawei concessions Trump rips NBA players, officials for ‘pandering to China’ but says league has to work out dispute on its own
(DBN)

Key labor leader says rushing NAFTA replacement would be "colossal mistake"
(DBN)

GM Sales in China Collapse 17.5% in 3Q
(DBN)

Less than 15% of ultra-high net worth individuals around the world are women. That's the highest it's ever been.
(DBN)

Federal Reserve approves simpler 'Volcker Rule' ban on proprietary trading
(DBN)

The average worker spends 51% of each workday on the same unnecessary tasks
(DBN)

The 20 countries facing population collapse
(DBN)

‘I can’t afford retirement’ is the main reason seniors say they continue to work
(DBN)

Limited broadband access hurts economic mobility in poorest states
(DBN)

Here are the countries with the most U.S. retirees collecting Social Security
(DBN)

Why dollar traders are talking about a Trump vs. Warren 2020 showdown
(DBN)

For "basic income" recipients, less stress and a happier home
(DBN)

Trump's 2017 Tax Cuts Helped Super-rich Pay Lower Rate Than Bottom 50 Percent: Economists The Incredible Shrinking Tax Rate for the Rich
(DBN)

A $40 billion pile of leveraged loans is battered by big losses
(DBN)

New York Said to Become Next Battleground for Gig Worker Law
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

Mortgage Applications Increased in Latest Weekly Survey
(DBN)

Seattle Real Estate in September: Sales up 12.3% YoY, Inventory down Slightly YoY
(DBN)

It’s official: Appraisals are no longer required on some home sales of $400,000 and under
(DBN)

Renter protections on the rise in response to sky-high housing costs
(DBN)

Why rent control may not be a lifeline for California’s renters
(DBN)

Century III Mall redevelopment takes a step forward
(DBN)

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Municipalities:

Pension Debt Accounts for Over Half of All Debt for US States
(DBN)

Unfunded: Tallying The $120+ Trillion Problem
(DBN)

States Get Third of Revenue from the Feds
(DBN)

Will Puerto Rico Still Be Allowed to Govern Itself?
(DBN)

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Oil/Gas:

US Independent Emerges from Bankruptcy
(DBN)

The Largest US Oil Production Drop In A Decade Was Just A Glitch
(DBN)

Big Oil Baffled By Trump’s Flip Flop On Ethanol Policy
(DBN)

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Politics:

Elizabeth Warren has been slowly but surely eating away at Kamala Harris' base Elizabeth Warren says she'll turn down big-money fundraisers if nominated The Elizabeth Warren pregnancy smear shows how poisoned the media world is Elizabeth Warren is New 2020 Democratic Frontrunner Years after Warren left teaching, scrutiny of her story is making pregnancy discrimination a talker
(DBN)

'Gimme a Break': Trump Suddenly Worries About Presidents Having 'Extraordinary Powers'
(DBN)

Turkish Forces Launch Military Attack Against Kurds At Syrian Border Turkey Pounds Kurds with Artillery I Fought with the Kurds in Syria Trump defends abandoning the Kurds by saying they didn't help the US in WWII The US played down Turkey’s concerns about Syrian Kurdish forces. That couldn’t last Putin Cautions Erdogan on Syria Incursion as Turkey Sends Troops Trump, defending troop pullback in Syria, paints vivid scene of grieving military families Evangelical leaders break with Trump over Turkey's Syria assault Trump calls Turkey's offensive in Syria 'a bad idea' as Republican criticism mounts Republicans condemn Turkish assault on Kurds in wake of Trump's Syria decision Donald Trump's Syria Withdrawal Could 'Undo Five Years' Worth of Fighting Against ISIS,' Retired General Warns The tactical decision to back Syrian Kurdish fighters was a ticking timebomb Trump on potential ISIS escapees: "They will be escaping to Europe"
(DBN)

Donald Trump Allegedly Hid Behind a Tapestry to Grope a Woman at Mar-a-Lago in the Early 2000s Dozens more women have come forward in a new book to accuse Trump of sexual misconduct
(DBN)

Trump Urged Tillerson to Help Rudy's Client with DOJ Charges
(DBN)

Trump Advisor: He Should Stop Lying
(DBN)

YouTube got roasted by US senators as being the 'vehicle of choice' for Russian state-sponsored propaganda How an obscure professor who hasn't been seen in public in 2 years ended up at the center of investigations into Russian interference in the 2016 election
(DBN)

White House counsel cites due process concerns in refusing cooperation in impeachment inquiry 'He's giving them all the ammunition they need': Trump is shooting himself in the foot by stonewalling Congress in the impeachment inquiry July 26 memo claims White House official was "visibly shaken" by Ukraine call 'We cannot let him get away with it': Joe Biden calls for Trump's impeachment for the first time Biden Calls for Impeachment: Trump Is Acting Like He’s on Fifth Avenue, ‘Shooting Holes in the Constitution’ with Impunity Nancy Pelosi Accuses Donald Trump of 'Trying to Make Lawlessness a Virtue' Over White House Letter This is the constitutional crisis we feared Trump’s Defiance of the House Inquiry Is Hard to Defend Harvard Law Professor: Trump Administration’s Stonewalling Is ‘Constitutionally Indefensible’ ‘Middle Finger to Congress’: Legal Experts React to White House Letter Decrying Impeachment Inquiry 'Barely-Lawyered Temper Tantrum': Here's How Lawyers Are Talking About Cipollone's Impeachment Letter Defying impeachment inquiry, Trump makes charge more certain Trump’s Bizarro World Reading of the Constitution All 2020 Democrats want to impeach Trump Trump's go-to tactic: Impeach me? Impeach you! Trump defenders' misleading claims about the House impeachment inquiry An iconic spice brand is spending more money on Facebook ads calling for Trump to be impeached than any Democratic candidate Trump's approach to the impeachment inquiry bears a striking resemblance to how the mafia operates Sean Hannity slams impeachment inquiry as a 'compulsive, psychotic witch hunt' and falsely calls it an 'attempted coup' Justice Department claims a key Watergate ruling to release secret grand jury evidence isn't relevant anymore as they seek to shield Trump impeachment DOJ Tells Federal Judge Courts Were Wrong to Give Congress ‘Road Map’ to Nixon’s Impeachment White House Didn’t Want Diplomats to Draw Attention to Release of Congressionally-Approved Aid Package Pentagon Papers Whistleblower Says Trump is a 'Domestic Enemy of the Constitution,' Encourages Others to Come Forward For Trump, an impeachment vote is a race against time. Not so for Pelosi The Pelosi-Trump standoff over a full House vote on an impeachment probe, explained Ukraine’s president says there was no blackmail in Trump call Polls show close divide over impeachment and removal Fox News Poll: Most Want Impeachment Just 30% of Americans say they oppose impeaching President Trump, according to a new Insider poll
(DBN)

Read the whistleblower's memo about Trump's Ukraine call, as described to CBS News
(DBN)

Johnson, Nixon, Clinton, Trump: 9 questions about impeachment
(DBN)

GOP players in Benghazi probe change tune on oversight
(DBN)

Clinton email critics do a role reversal as Trump administration draws fire for private phone use
(DBN)

The meeting that will decide Trump's fate
(DBN)

Matt Drudge, an influential figure in conservative media, sours on Trump as he faces impeachment
(DBN)

Trump Criticizes ICIG He Appointed for Finding Whistleblower Complaint Credible and Urgent
(DBN)

8 striking moments from Trump's Wednesday press event
(DBN)

Trump Prepares Potemkin Convention
(DBN)

More immigrants are moving into Trump states instead of expensive cities in blue states. Here's how the shift could reshape the 2020 election and beyond.
(DBN)

More Democrats are warning that Trump pulling out a vital treaty would be a 'gift' to Putin
(DBN)

A former Giuliani top aide, who has known the former New York mayor for at least 26 years, says his ex-boss has become a 'right-wing conspiracy nut'
(DBN)

24 outlandish conspiracy theories Donald Trump has floated over the years
(DBN)

Barred From Removing Their Confederate Monuments, Cities Try Adding Context
(DBN)

Sanders says he 'misspoke' about scaling back campaign after heart attack
(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 (12 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (10 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:

Bankruptcy lawyer sees increase in Chapter 11 filings for health care, energy companies
(DBN)

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Corporate Governance:

The Role of the Creditor in Corporate Governance and Investor Stewardship
(DBN)

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Professional Compensation:

Attorney Liens: Possession of Cash Is Not Always the End of the Story
(DBN)

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Retailing:

Sears Bankruptcy Case Reaches ‘Good Luck Suing Eddie Lampert’ Phase
(DBN)

Leaked documents show Target's plan that workers say backfired
(DBN)

The department store of the 21st century isn't Macy's
(DBN)

Gen Z spending falls to 8-year low
(DBN)

Target wants to save Toys R Us, at least online
(DBN)

Bed Bath & Beyond gears up for round of store closures
(DBN)

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Trucking:

Thousands of truck drivers have lost their jobs in 2019 as the transportation 'bloodbath' unfolds. Here's the list of the biggest bankrupt trucking companies.
(DBN)

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Aviation:

American Airlines has canceled all Boeing 737 Max flights until mid-January
(DBN)

Boeing's 787 under pressure as Russia's Aeroflot cancels order
(DBN)

Boeing’s $8.7 Billion Washington State Tax Break Under Scrutiny
(DBN)

Adria's receiver invites bids for carrier's assets
(DBN)

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Climate:

20 Companies Have Contributed to 35 Percent of All Greenhouse Gas Emissions Since 1965, Report Finds
(DBN)

Kids take climate change fight to Alaska Supreme Court
(DBN)

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Utilities:

PG&E Bankruptcy Judge Gives Outside Group’s Plan a Chance PG&E loses exclusive control of its bankruptcy recovery plan Judge Strips PG&E of Exclusive Control Over Recovery Plan Hedge funds a step closer to PG&E takeover. Bankruptcy judge opens up two-way fight Bankruptcy judge complicates PG&E's Ch. 11 plan Judge Lets Rival PG&E Bankruptcy Plan Move Forward PG&E bankruptcy judge lets fire victims move forward with restructuring plan Judge: Court Will Consider Rival Proposal for PG&E Reorganization PG&E shares plunged 27 percent, and it’s not because of the shutdown
(DBN)

PG&E cuts power to a million people in California to prevent wildfires amid hot, windy weather Unprecedented Blackouts Spread Across Northern California Living Through a California Power Outage Millions May Stay Dark in California Even After Fire Risk Fades Northern California faces massive power outage as PG&E hedges wildfire risk PG&E slammed for rolling blackouts for millions of Californians After daylong delays, second wave of power outages hit Bay Area As 'extreme' fire threat ramps up, power is being cut to at-risk customers across California Millions playing waiting game over electricity shutoffs Debating the strategy of power shutdowns as California utilities battle wildfire conditions 'A victim of their own failure': Why PG&E's massive power shutdown in California was inevitable Huge power outages show PG&E is ‘out of control,’ critics say PG&E pleads for employee safety amid outage; police report gunfire at vehicle
(DBN)

PG&E Power Outage Closes Bankruptcy Court In Northern CA
(DBN)

California's power outage means problems for electric cars
(DBN)

PG&E Website Crashes Just as Two Million Californians Lose Power
(DBN)

Two Big Tests For PG&E Shareholders
(DBN)

Here's why PG&E doesn't put more power lines underground
(DBN)

The PG&E Blackouts: California’s Regulated Crisis
(DBN)

PG&E takes blame for three small wildfires in California this year
(DBN)

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Healthcare:

Kansas City firm makes $6.9M bid for rural Kansas hospital
(DBN)

The Mad Rush To Sell Private Medicare Plans To Seniors
(DBN)

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Crypto:

Virginia Bitcoin Mining Operation Ordered to Liquidate Assets
(DBN)

The U.S. Government Tried To Shut Down Bitcoin
(DBN)

Mark Zuckerberg to testify before Congress amid scrutiny of Libra cryptocurrency
(DBN)

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UK:

The EU says it cannot agree a Brexit deal with Boris Johnson
(DBN)

EU could delay Brexit until next summer for second referendum
(DBN)

Labour MPs warned by party's Irish society of 'severe' impact on Northern Ireland if they back Boris Johnson's Brexit deal
(DBN)

If Crispin Odey Is Betting On A Hard Brexit, It Isn’t Working Yet
(DBN)

A Thomas Cook rival is buying all 555 of the bankrupted travel company's UK stores — and it could save thousands of former employees' jobs Thomas Cook buyers pledge to save 555 shops and 2,500 jobs
(DBN)

Links of London jewelery chain collapse leaves 350 jobs at risk
(DBN)

Frustration grows among EU finance ministers over Brexit deadlock
(DBN)

The Lowdown: PizzaExpress
(DBN)

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PIIGS:

Even Greece Is Getting Paid to Borrow Money in Debt Markets
(DBN)

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Germany:

Anti-Semitism linked to fatal German synagogue shooting that left 2 dead, suspect in custody The German synagogue shooting was streamed on Amazon’s Twitch
(DBN)

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India:

Evolution of the committee of creditors’ authority
(DBN)

Jet Airways' RP hints at giving more time to South American bidder Synergy Jet Airways headquarter owner, lenders reach settlement
(DBN)

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Australia:

Dodgy insolvency practices in small business ombudsman inquiry's cross hairs
(DBN)

Two pre-insolvency advisers plead guilty to money laundering
(DBN)

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MENA:

Saudi Arabia may only sell 2% of Aramco. It could still be the biggest IPO on record
(DBN)

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China:

China court approves personal bankruptcy ruling that could pave the way for further debt cases
(DBN)

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Venezuela:

Can Creditors Seize CITGO? Enforcing the PDVSA 2020 Bond Collateral
(DBN)

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