October 11, 2019

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Global Law Firm Expansion Is All About Becoming More Local
(DBN)

Dentons’ New U.S. Strategy Poses Alternative for Growth
(DBN)

EY Law Jumps to Top Spot in Global Brand Recognition Index
(DBN)

The Bigger They Are The Harder They Fall
(DBN)

Freshfields partner resigns after guilty verdict for sex with drunk junior lawyer
(DBN)

Sozzled lawyer suspended for sexting and groping junior colleague
(DBN)

Wife claims partner arrested for beating her on his birthday is innocent
(DBN)

Law School Students Protest Outside Of DLA Piper Over Alleged Sexual Assault DLA Piper Hit by Law Student Protests Over Arbitration
(DBN)

Yup, Nonequity Partnership Is Used Disproportionately For Minorities
(DBN)

California Lawyers to Pay $544 for Year’s License
(DBN)

Increasing Client Requirements: Securing Law Firms for the 21st Century
(DBN)

Alleged go-between denies involvement in murder-for-hire plot against law professor
(DBN)

Lawyer Reflects On Mental Health After Surviving Attempt To Take His Own Life
(DBN)

Trump says Trey Gowdy can't join legal team until January Gowdy a Divisive Addition to Team Trump
(DBN)

Deutsche Bank doesn’t have Trump’s tax returns, court reveals Deutsche Bank Lying About Trump's Returns?
(DBN)

A new study just debunked the claim that dialing up mental healthcare will stop firearm deaths
(DBN)

'Stand your ground' killer sentenced to 20 years in Florida shooting
(DBN)

Lawyer accused of flying pregnant Marshallese women to US to place children for adoption
(DBN)

Cheap Biglaw Associate Survives On Rice And Beans, Squirrels Away Six Figures To Retire
(DBN)

Attorney Involved in Massage Parlor Sale Disqualified from Suit
(DBN)

NYPD Suicides: Commissioner O’Neill Says Department Is Dealing With A ‘Mental Health Crisis’
(DBN)

CEOs broke rules at secretive summit to expose billionaire's crude sexual comments
(DBN)

Shock at NBC Over New Lauer Allegations
(DBN)

Cat cafe burglarized , and the cats did what cats do: absolutely nothing
(DBN)

Instant karma! Vandal is smacked in the face by brick after he tries smash car window
(DBN)

Breastfeeding lawyer charged to express milk at court
(DBN)

OCI: Firm trainees caught mocking job candidates on train
(DBN)

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Judges:

 

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Wall Street:

US futures point to higher open as US-China trade talks resume Dow futures surge 270 points in response to Trump comments on US-China trade
(DBN)

Stocks finish higher as Trump plans to meet China’s chief trade negotiator
(DBN)

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Layoffs:

Victoria's Secret cuts 15% of staff at headquarters: report
(DBN)

Hilliard Lyons cuts 86 Louisville jobs
(DBN)

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Politics:

Odds of Trump winning reelection worsen as Warren surges
(DBN)

The latest Fox News impeachment poll contains remarkably grim news for President Trump Trump attacks Fox News over poll showing majority favors impeachment President Rages at Fox: Polls 'Suck', Napolitano 'Terrible', Shep Smith, 'Fired' Donna Brazile “People You Meet Just Don’t Give a Damn”: The Impeachment Conundrum in Trump Country Prominent Conservative Lawyers Supporting Impeachment Conservatives call for 'expeditious' impeachment probe White House adviser says China gave him information on Joe Biden’s son around the same time Trump asked Beijing to investigate the Bidens Joe Biden's campaign accused The New York Times of aiding a 'smear campaign' against him with its Ukraine coverage McMaster: It's "absolutely" inappropriate for Trump to solicit foreign interference Trump's former Russia aide set to give revealing testimony on Giuliani, Sondland EU Ambassador Gordon Sondland to testify next week Rick Perry subpoenaed in House impeachment investigation House Subpoenas Rudy's Associates Unpatriotic? Whistleblowers have been speaking up, and suffering the consequences, from the beginning It Took A Long Time For Republicans To Abandon Nixon Trump’s resistance to the impeachment inquiry is a genuine constitutional crisis Law classmates tell Trump lawyer Cipollone he distorts Constitution by blocking impeachment witnesses Analysis: In impeachment fight, it’s Trump vs. Constitution White House aides try disappearing act amid impeachment talk Impeachment: Chief Justice John Roberts would be the 'umpire' in Senate trial of President Trump The Actual Laws Trump Has Broken, Just With the Ukraine and China Affairs, Could Land Him 10 Years in Prison White House political appointees overrode career staffers before freezing Ukraine aid Several national security officials raised alarms about Ukraine policy before and after Trump call Trump claims on Ukraine call may stem from foreign official’s year-old request
(DBN)

Trump attacks Bidens in personal and coarse terms at Minnesota rally Trump travels to liberal Minneapolis for his first rally since the impeachment probe began
(DBN)

Nancy Pelosi Is 'Either Really Stupid or She's Really Lost It,' Says Trump in Fiery Minneapolis Political Rally
(DBN)

Despite attacks and to the surprise of some, Biden's firewall is holding - for now
(DBN)

Karl Rove: The President Has a Problem
(DBN)

2 of Rudy Giuliani's associates who prosecutors say helped him dig up dirt on Joe Biden have been charged with campaign finance violations CNN reports that Rudy Giuliani’s financial dealings are under investigation by prosecutors Giuliani associates were at airport with one-way international tickets when they were arrested Takeaways from arrests of men with ties to Giuliani 5 Facts About Giuliani's Arrested Sidekicks Arrest of Giuliani associates ensnares 'Congressman 1' Look Who’s Laughing Now: Rudy Giuliani’s ‘Comic Sans’ Stooges Arrested Giuliani dealings with associates scrutinized as part of investigation Ukrainians arrested hours after having lunch with Giuliani at Trump Hotel We have no idea who is paying Rudy Giuliani Envoy to Ukraine was removed after pushback on Giuliani Trump asked Tillerson to help broker deal to end U.S. prosecution of Turkish trader represented by Giuliani Dear Pete: Then Rudy Wasn't Your Friend Sessions Took Donations from the Arrested Pete Sessions in Rudy's Associates' Indictment McCarthy, DeSantis pledge to return donations from indicted Giuliani associates Trump denies knowing indicted Giuliani business associates Giuliani's associates tried to cut business deal in Ukraine boasting of Trump ties
(DBN)

Romney dismisses Trump attacks, falsely claims not to follow him on Twitter
(DBN)

Lindsey Graham dishes on Trump in hoax calls with Russians Report: Sen. Lindsey Graham called U.S. ally Kurds a "threat" in August phone call Graham calls Trump decision on Syria 'biggest blunder of his presidency' Lindsey Graham is leading a Senate bill to punish Turkey with crushing sanctions
(DBN)

Trump's latest tweets on Syria show he has absolutely no plan to help the Kurds as Turkey boasts about killing over 100 of them Trump reportedly offered to sell F-35 jets to Turkey in exchange for not attacking Kurdish forces in Syria The US shared intelligence with Turkey that may have helped it target the Kurds in Syria GOP congressman drops support for Trump over "despicable" Syria move Turkey's Erdogan threatens to send Syrian refugees to Europe Turkey shelled prison holding IS foreign fighters Kurdish-led administration Trump’s Syria decision tests the bounds of Republican support as he demands solidarity on impeachment Metro East Congressman John Shimkus pulls Trump support after Syria decision They fought alongside the U.S. for five years only to be bombed by U.S. NATO ally Turkey's Syria invasion: Member of US Special Forces says, 'I am ashamed for the first time in my career' Turkish forces push deeper into Syria as Kurds fight back Trump under pressure to response to Turkey's offensive in Syria as death toll rises
(DBN)

Amazon's top spokesman says his attacks against the Trump administration were his 'personal views' after Donald Trump Jr. calls him out on Twitter
(DBN)

Partisan Antipathy: More Intense, More Personal
(DBN)

Study links Russian tweets to release of hacked emails
(DBN)

Commerce Rebuked National Weather Service
(DBN)

4 winners and 3 losers from the presidential town hall on LGBTQ issues
(DBN)

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Education:

The top 20 millionaire-producing US colleges where most of the ultra-wealthy alumni are self-made
(DBN)

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Retailing:

Lowe's workers say morale is reaching an all-time low as the home-improvement giant rolls out changes to stores
(DBN)

US retail sales could exceed $730 billion this holiday season
(DBN)

Target Deal Means Toys R Us Is A Retailer In Name Only
(DBN)

Bed Bath & Beyond has a new CEO 5 months after activist investors released a brutal presentation slamming the company's leadership
(DBN)

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Radio:

Bankruptcy trustee says buyers lining up to buy radio licenses operated by Grim Reaper
(DBN)

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Conglomerates:

Inside the quest to save GE
(DBN)

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Telecoms:

Small U.S. telecom companies face huge costs if they have to ditch Huawei
(DBN)

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Economy:

Where does it all go? Here’s a breakdown of how Americans spend so much money
(DBN)

Households’ lightening debt load
(DBN)

Average, Median, Top 1%, and all United States Individual Income Percentiles in 2019
(DBN)

Fed’s Kashkari pushes back against Trump pressure
(DBN)

Cleveland Fed: Key Measures Show Inflation Above 2% YoY in September, Core PCE below 2%
(DBN)

BLS: CPI unchanged in September, Core CPI increased 0.1%
(DBN)

Fallout from U.S.-China trade war was top concern at Fed meeting, minutes show
(DBN)

Weekly Initial Unemployment Claims decreased to 210,000
(DBN)

Expert who called the 2008 crisis says repeat of December meltdown is inevitable
(DBN)

Half of Americans think a recession is coming in the next year — and they admit they're unprepared
(DBN)

Most federal retirees and Social Security recipients to get cost of living adjustment
(DBN)

Young people are quitting their jobs in droves. Here's why
(DBN)

Paul Krugman: What economists (including me) got wrong about globalization
(DBN)

The U.S. And Global Economy: A New Relationship
(DBN)

The trade war isn't stopping Chinese billionaires from getting even richer Trump sees a 'good chance' of a US-China trade deal. Don't hold your breath 'They want to make a deal, but do I?': Trump plays coy as he announces plans to meet with China's top trade negotiator Trump says China trade talks are going very well The White House eyes new economic penalties against China as trade talks kick off These stocks are the China trade talks ‘tells’ — they’ll move on deal progress or a breakdown Nonsense Market Moves Have Investors ‘Exhausted’ by Trade Talks A pause in US-China trade war would be a ‘big relief’ to markets, says economist Trump to meet with top Chinese official as trade talks reach critical stage How Blacklisting Companies Became a Trade War Weapon Port of Los Angeles September imports fall as trade war roils shipping
(DBN)

Trump boasts the economy is the best it's ever been. Here are 9 charts showing how it's fared compared to the Obama and Bush presidencies.
(DBN)

If American companies seem pathetic when it comes to China, it's because they are
(DBN)

Lonely, burned out, depressed: The state of millennials' mental health in 2019 Millennials and Gen X are both stressed, broke, and in debt — but Gen X is more worried about it American workers say jobs should do more to help them cope with mental health issues like depression and stress
(DBN)

20 jobs popular in the 1950s that are almost gone today
(DBN)

Fed eases Dodd-Frank banking restrictions on capital requirements, ‘living wills’
(DBN)

Ban billionaires? What progressive Democrats don’t understand about the economy
(DBN)

Obesity is weighing on education, productivity and the economy
(DBN)

Are We Asking the Wrong Question About Trump's Tax Cuts?
(DBN)

Why Huge Deficits Could Be Here to Stay
(DBN)

We can’t wait 208 years for gender equality
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

House Prices to National Average Wage Index
(DBN)

Americans Are Being Fleeced by Real Estate Agents
(DBN)

Houston Real Estate in September: Sales up 9.5% YoY, Inventory Up 7%
(DBN)

WeWork Asks SoftBank for More Funding Amid Bankruptcy Concerns Forbes just revoked Adam Neumann's billionaire status and lowered its estimate of his personal net worth to $600 million — which means his purported net worth has plummeted by $3.5 billion in just 7 months WeWork’s Neumann Loses Billionaire Status. It’s Unlikely He’ll Be Getting It Back The Larger Ramifications of WeWork’s Problems WeWork Reveals the Downside of Sarbanes-Oxley
(DBN)

Century III Owners Agree To Revise Redevelopment Plans
(DBN)

Trump’s Trillion-Dollar Hit to Homeowners
(DBN)

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Municipalities:

Argument preview: Justices to hear argument in appointments clause dispute arising from Puerto Rico debt crisis
(DBN)

Puerto Rico gov’t still doesn’t know where the $70M to pay Christmas Bonus will come from
(DBN)

The Supreme Court Has a Chance to Bring Constitutional Equality to Puerto Rico
(DBN)

A Reasonable Proposal: How US Law Allows Puerto Rico’s Legal Bills to Flourish
(DBN)

Here's exactly how much more you'd have to earn to live a similar life in San Francisco
(DBN)

Pension Obligation Bonds May Soon Have Their Moment
(DBN)

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Pharma:

Sackler Activists Throw “Blood Money” and Stage Die-in Outside Purdue Pharma’s Bankruptcy Hearing
(DBN)

The case for prosecuting the Sacklers and other opioid executives
(DBN)

Appellate court rejects requests to halt landmark opioid trial
(DBN)

Judge to hear arguments on stopping suits against Sacklers
(DBN)

Purdue's choice of bankruptcy court part of common strategy, experts say
(DBN)

U.S. judge urges parties to wisely use Purdue opioid settlement funds
(DBN)

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Metals:

Michigan processor files for bankruptcy
(DBN)

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Magazines:

Tiger Oak Media Files for Chapter 11 Bankruptcy
(DBN)

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Cybersecurity:

Cybersecurity company files for Chapter 7 bankruptcy
(DBN)

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E-Cigarettes:

More than two dozen now dead from vaping lung illness as outbreak spreads, CDC says
(DBN)

Vapers – like smokers – may now have to pay more for life insurance
(DBN)

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Mass Torts:

California Jury Hands Johnson & Johnson a Defense Verdict in Talc Trial
(DBN)

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Aviation:

At least 38 Boeing 737s grounded for wing-related cracks, company says
(DBN)

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Autos:

GM urges UAW to engage in ‘around-the-clock’ bargaining to reach a deal, potentially end strike
(DBN)

GM CEO Mary Barra meets with union leaders to jump-start stalled negotiations
(DBN)

UAW Letter to GM: Strike Won't End Quickly
(DBN)

GM strike has already cost automaker more than $1 billion
(DBN)

Ford's China Sales Decline
(DBN)

Dyson Becomes Latest Sign That Electric-Car Bubble Is Bursting Dyson vacuum inventor shows it's too easy to make electric cars, so he won't
(DBN)

Faraday Future Founder Faces Potential Bankruptcy
(DBN)

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Climate:

IMF Warns on Global Warming. Carbon Tax Best Way to Fix It
(DBN)

Denver: 83 Degrees Then It Snowed
(DBN)

This climate problem is bigger than cars and much harder to solve
(DBN)

PG&E’s power shutoff in California shows the inequities of climate risks
(DBN)

The Century’s Strongest Super-Typhoon Hagibis Is About To Hit Japan—1,600 Flights Canceled
(DBN)

The Cost Of Climate Change
(DBN)

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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
(DBN)

Recent Ch. 11 Filings (14 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (6 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:

Industrials Ch. 11 Filings Up 48% Y/Y
(DBN)

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Plan Confirmation:

‘Dirt for Debt’ in Bankruptcy Plans of Reorganization
(DBN)

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Subordination:

Close Enough: Fifth Circuit Holds That Section 510(B) of the Bankruptcy Code Requires Subordination of Payments That “Look a Lot like” Dividends
(DBN)

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Lien Stripping:

Dividing Secured Claims from Under-Secured Claims: A History
(DBN)

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Utilities:

PG&E Plunges on Fear of Total Wipeout by New Bankruptcy Plan PG&E stock plunges amid power cuts, bankruptcy ruling PG&E shares tank as power cuts irk Californians and bankruptcy ruling threatens shareholders Bankrupt PG&E could go up in flames as shares drop over 30%
(DBN)

PG&E restructuring pivots to parallel plans in 'fair shake' for wildfire victims
(DBN)

Unprecedented California Blackout Ending as PG&E Restores Power
(DBN)

California winds move south, may force new power outages
(DBN)

Record power shutoffs in California are set to become the new normal
(DBN)

Wildfire destroys homes, causes injuries in California mobile home park California: north and south battle wildfires as preventive shutoffs hit millions Saddleridge fire burning homes, threatening numerous foothill communities Wind-driven wildfire in Los Angeles spreads to 4,000 acres
(DBN)

They lived through California’s two worst fires. Now, they face a future of blackouts
(DBN)

What it's like when a criminal, bankrupt, for-profit monopoly cuts your power
(DBN)

Tales of Chaos From the California Blackout Northern California Thrown Into Chaos By PG&E Blackouts
(DBN)

California governor slams PG&E, saying 'greed,' 'mismangement' led to widespread power cuts California governor says broad power shutdown to prevent fires 'unacceptable'
(DBN)

Was PG&E’s massive California blackout worth it? No major fires, but much criticism
(DBN)

California’s Power Outages Are About Wildfires—But Also Money
(DBN)

PG&E Office Egged As Anger Over Shutoffs Mounts
(DBN)

Blackouts draw ire across northern California
(DBN)

Millions in California Face Days in the Dark Even as Winds Slow
(DBN)

Hedge funds holding PG&E bonds score win in bankruptcy proceedings
(DBN)

PG&E outages could cost California more than $2 billion
(DBN)

How Long the PG&E Outage Will Last, and Other Questions Answered
(DBN)

The California dream is over. What comes next?
(DBN)

Agera Bankruptcy Filing Not a Sign of Financial Stress at Greg Lindberg's Companies
(DBN)

Electric supplier’s bankruptcy filing leaves NH Renewable Energy Fund in a bind
(DBN)

Falling Demand For Electricity Has Utilities Burning The Midnight Oil
(DBN)

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Student Debt:

Joe Biden: Here’s My $750 Billion Plan To Fix Student Loans
(DBN)

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Fraud:

Judge scolds stock swindler who complained authorities took money from his prison commissary account to repay victims
(DBN)

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Newspapers:

Defending a lawsuit puts Iowa newspaper in financial peril
(DBN)

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Healthcare:

California hospital chain going to court over high prices
(DBN)

Trump's smoke-and-mirrors 2020 health care strategy
(DBN)

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Resorts:

Former owners of bankrupt Daufuskie Island resort face new federal charges
(DBN)

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Cannabis:

Mitch McConnell meets with pot execs in California, pitched need for cannabis banking reform
(DBN)

Maine set to begin legal marijuana sales in March 2020
(DBN)

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UK:

The pound is soaring on reports that UK and Irish leaders see a 'pathway' to a Brexit deal Boris Johnson's Irish 'Pathway' Is Full of Holes
(DBN)

EU officials say there have been "promising signals" in Brexit talks
(DBN)

Brexit's future remains murky ahead of a looming Oct. 31 deadline
(DBN)

Boris Johnson could deport thousands of EU citizens after Brexit if they miss registration deadline
(DBN)

Trump Organization gets approval to build more than 50 homes at Ireland golf course
(DBN)

Banksy painting cashes in on Brexit mess
(DBN)

Nissan: No Deal Brexit Jeopardizes All EU
(DBN)

Parliament Furious Over US Diplomat's Wife Death of Teen by Diplomat's Wife: 'Happens"
(DBN)

5 Ways A Hard Brexit Will Sicken Britain’s Healthcare
(DBN)

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PIIGS:

Once-toxic Greek debt is now in high demand as global recession fears mount People Are Paying Greece To Keep Their Money Warm And They Have Yanis Varoufakis To Thank For It
(DBN)

A No-Deal Brexit will force Ireland into a recession, Central Bank warns
(DBN)

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India:

Jet Airways insolvency: Synergy Group seeks more time to put in final bid for airline
(DBN)

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Germany:

German Jews Feel Under Siege Following Rise in Anti-Semitism
(DBN)

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MENA:

Iran says missiles struck one of its oil tankers in the Red Sea Oil prices jump 2% after Iran says two missiles struck one of its tankers
(DBN)

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Australia:

Holiday plans wrecked as rental company owner declares bankruptcy
(DBN)

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