October 17, 2019

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Partner who accused DLA Piper rainmaker is placed on leave; her lawyer sees ‘a despicable smear campaign’ DLA Piper Rainmaker Partner Out Amid Sexual Assault Allegations DLA Piper Partner Who Said She Was Assaulted Is Put on Leave
(DBN)

Mark Carter Joins Hinshaw's Commercial Transactions Practice in Chicago
(DBN)

 

Did Buckley Sandler co-founder leave voluntarily? Question is at center of insurance dispute
(DBN)

N.Y. Attorneys from Same Firm Sometimes Can Take Opposite Sides
(DBN)

This Law School Is Aces At Getting You Real Life Legal Experience
(DBN)

Some Biglaw Seniority Norms Are Pretty Messed Up
(DBN)

Newly uncovered tax documents show Trump kept 'two sets of books' and may have committed financial fraud
(DBN)

House Oversight asks court to expedite subpoena order for Trump's finances
(DBN)

New Allegations of Trump's Financial Fraud
(DBN)

“There Is Definite Hanky-Panky Going On”: The Fantastically Profitable Mystery of the Trump Chaos Trades
(DBN)

Executive privilege, Congress’ subpoena power, and the courts: A brief overview of a complex topic
(DBN)

Judge Disqualifies Boies Schiller in Epstein Accuser Lawsuit
(DBN)

Trump Organization fudged revenue and occupancy figures on buildings to reduce tax bill for financial gain
(DBN)

US border patrol says they tried to send UK family back after illegal crossing but Canada wouldn't take them
(DBN)

Fort Worth Police chief: Atatiana Jefferson having gun "makes sense" Former Fort Worth officer who shot Atatiana Jefferson refuses to speak with detectives about what happened
(DBN)

The simple 4-word sentence that'll make you the master of small talk
(DBN)

Dershowitz Must Face Epstein Accuser’s Defamation Lawsuit Judge denies Alan Dershowitz's motion to dismiss Epstein-related defamation suit Judge boots law firm from libel suit against Dershowitz
(DBN)

Father shot in front of 4 children during 'road rage' incident, police say
(DBN)

Lawyer accused of stalking his girlfriend and telling her that criminals owe him favors ‘Criminals Owe Me Favors’: Defense Attorney Accused Of Threatening, Beating, Stalking Ex-Girlfriend
(DBN)

Jury awards $450,000 to father of Sandy Hook victim in defamation case
(DBN)

83-year-old might get kicked out of apartment for taking too many cookies
(DBN)

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Judges:

Carolyn King: ‘Reluctant Judge’ Excelled as Leader
(DBN)

Bankruptcy Judge Among 4 Confirmed to District Courts Bankruptcy judge confirmed to US District Court bench in WV Senate votes to confirm Frank Volk as judge for Southern District of WV
(DBN)

Liberal Supreme Court Shortlist
(DBN)

Oops! Judge mistakenly added three zeros to part of opioid award
(DBN)

Eleventh Cir. Nominees Back Originalism, Breeze Through Hearing
(DBN)

Judge Mocks That Bonkers Republication Argument Dershowitz Made
(DBN)

Trump has politicizied the judiciary. Now progressives are getting in on the act.
(DBN)

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Wall Street:

Dow futures jump after a new draft Brexit deal is reached
(DBN)

Stocks slip after retail sales miss
(DBN)

Trump’s next move could lead to a 25% drop in stocks, says billionaire investor
(DBN)

Pick your poison: Hedge-fund billionaire Leon Cooperman says the stock market could plunge 25% under either a Warren or Sanders presidency
(DBN)

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Layoffs:

Hundreds of people laid off from Gulfstream
(DBN)

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Weddings:

Couples scramble to find help after wedding venue shuts down
(DBN)

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Coal:

The Price of Progress: Watching the Collapse of an Industry
(DBN)

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Politics:

Trump's presidency is disintegrating as he faces his worst 30 days since taking office
(DBN)

Day 1,000: Trump unbound, unfiltered
(DBN)

Trump Tried to Stage a Reality TV-Style Encounter Between a Grieving Couple and the Woman Responsible for Their Son's Death
(DBN)

Joe Biden hits Donald Trump with a blunt message about corruption The worst news for Joe Biden Tuesday had nothing to do with the debate Biden began 4th quarter with much less money than top competitors
(DBN)

Rivals target Warren for second day as candidates seek post-debate advantage
(DBN)

How Bernie Sanders scored a coup and won the backing of Ocasio-Cortez and Omar
(DBN)

Rep. Elijah Cummings, one of the key Democrats leading the impeachment inquiry, has died unexpectedly aged 68
(DBN)

Donald Trump Jr.’s latest anti-nepotism comments have critics scratching their heads
(DBN)

Pompeo: Trump 'makes decisions and then absorbs data and facts'
(DBN)

Trump advisor Peter Navarro reportedly invented and quoted a fictional character Peter Navarro's Imaginary Economist
(DBN)

From IDs in grocery stores to soldiers in Syria: Trump made 129 false claims last week
(DBN)

Federal investigation of Rudy Giuliani includes counterintelligence probe Another man is arrested in probe of Giuliani associates Fourth defendant in Giuliani associates' case arrested at New York airport Rick Perry reached out to Giuliani at Trump’s direction on Ukraine Giuliani's foreign policy is all about his clients - and Trump Man accused in probe of Giuliani associates is freed on bail
(DBN)

Poll: Majority of Dems in early voting states want Trump imprisoned
(DBN)

Trump's withdrawal from Kurdish region has opened the door to a new wave of war crimes Trump defends his Syria retreat as 'strategically brilliant,' saying the Kurds are 'not angels' and have 'a lot of sand that they can play with' Trump: Six Syrian Falsehoods in Four Minutes Trump on Turkey Invasion: Who Cares? After attacks by Turkey, Trump falsely claims Kurds in Syria are "much safer now" ‘Don’t be a fool!’ Trump letter warned Turkey’s Erdogan against Syria offensive Trump's Bizarre Letter to Erdogan Trump tries to distance himself from chaos in Syria as tensions with lawmakers escalate House overwhelmingly condemns Trump's Syria decision Trump attacks Lindsey Graham for criticism of Syria policy Trump Defends Syria Withdrawal: 'It's Not Our Border" Erdogan rejects Syria cease-fire call ahead of Pence meeting Trump Trashes Graham for Criticism on Syria Senators: Erdogan's White House invitation should be revoked Romney on Pence meeting with Turkey's Erdogan: "It's too late" Frustration on Syria mounts from Republicans during 'heated' Esper meeting Veterans who fought ISIS say Trump's 'betrayal' of a crucial ally was 'a total slap in the face' Trump calls Pelosi 'third-rate politician' as Democrats walk out of meeting Pelosi has last laugh after Trump posts pics of contentious meeting
(DBN)

US diplomat Bill Taylor leaves Ukraine after Democrats ask him to testify in impeachment probe Trump’s Impeachment Blockade Crumbles as Witnesses Agree to Talk John Bolton ‘Increasingly Likely’ to Get Subpoena From House Democrats Prepare for impeachment, McConnell tells GOP senators McConnell eyes quick impeachment trial in Senate Impeachment inquiry ensnares Trump’s inner circle, Bolton and Mulvaney Here’s what could happen to Giuliani and others who defy congressional subpoenas Report: Mike Pompeo's former top aide resigned over Ukraine Ex-Pompeo adviser says he was 'disturbed' by efforts to use foreigners to hurt Trump opponents Perry tells WSJ Trump directed him to contact Giuliani on Ukraine Republicans criticize inquiry, even as they fully participate GOP Infuriated with Schiff's Secrecy Ukrainian Oligarch Linked to Trump Circle
(DBN)

Only once has Gallup seen more support for removing a president; Nixon was gone four days later Congress Approval, Support for Impeaching Trump Both Up
(DBN)

Sanders, Warren boast the most cash in the 2020 Democratic field as Biden lags
(DBN)

Bill O’Reilly calls out Beto O’Rourke for lying — he probably wishes he didn’t
(DBN)

Elizabeth Warren's frontrunner status is bad news for private equity
(DBN)

Democratic debate: Here's why pundits are praising Pete Buttigieg's performance in Ohio
(DBN)

Trump reportedly called Jim Mattis the 'world's most overrated general' in a chaotic meeting on Syria
(DBN)

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Fraud:

California woman gets three weeks of prison in college admissions scandal
(DBN)

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Economy:

US retail sales unexpectedly decline in a sign that consumer economy could be cracking Consumers pull back just before the holiday rush
(DBN)

A quarter of Americans haven't gotten a raise in years, and it's part of a pattern that's baffling economists
(DBN)

Americans now need at least $500,000 a year to enter the top 1%
(DBN)

U.S. economy expands but trade tensions weigh, Fed survey shows
(DBN)

‘Addiction’ to cheap money will do ‘tremendous damage’ to the global economy
(DBN)

Federal Debt Up $1.2 Trillion in FY 2019; Borrowed $9,432 Per U.S. Household
(DBN)

Risk of ‘Sharp, Sudden’ Financial Tightening Has Risen, IMF Says
(DBN)

How Far Corporate Tax Rates Have Fallen
(DBN)

National Debt No Big Deal? More Economists Unconcerned With Trillion-Dollar Government Deficits
(DBN)

Chicago Fed president says no more rate cuts necessary through 2020 because America's 'growth outlook is good'
(DBN)

The economy probably only grew 1.5% in Q3 amid consumer weakness, CNBC tracker shows
(DBN)

A darkening outlook for phase 1 of the U.S.-China trade deal Lawmakers hit Trump administration for including tech legal shield in trade negotiations Trump’s China deal leaves the global economy as uncertain as ever China says US must cancel new tariffs for ultimate trade deal
(DBN)

Fed ‘repo’ plan could face fund manager resistance
(DBN)

Remote working can increase stress and worsen well-being, studies show
(DBN)

The wealth gap took center stage at the debate. Here's a side-by-side comparison of how Elizabeth Warren's and Bernie Sanders' wealth tax plans stack up Bernie Sanders and Elizabeth Warren are calling for massive wealth taxes on the super-rich. Voters like it so much that moderate 2020 Democrats are coming around.
(DBN)

There are more than 600,000 millennial millionaires in the US, according to report
(DBN)

Bank earnings beat the Street, but execs warn lower rates to pressure future earnings
(DBN)

U.S. green economy generates $1.3 trillion and sustains 9.5 million full-time jobs
(DBN)

Democratic candidates ask if guaranteed jobs, universal basic income or a $15 minimum wage would best help Americans
(DBN)

Los Angeles to study $30 hourly minimum wage for Uber, Lyft drivers
(DBN)

UBI: Phyllis Knows She’s More Than Her Circumstances
(DBN)

UBI: "Thomas Paine was for it at our founding ... Martin Luther King, champion in the ‘60s, called it a guaranteed minimum income for all Americans… It passed the U.S. House of Representatives twice in 1971."
(DBN)

Billionaires are the target in this year’s Democratic campaign
(DBN)

Trump: Vote Democrat, Get New Depression
(DBN)

The Economic Myths Democrats Peddled at Debate
(DBN)

U.S. stock market is overvalued, IMF says
(DBN)

Forget recession, here are 50 other things to worry about
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

NAHB: "Builder Confidence Hits 20-Month High"
(DBN)

MBA: Mortgage Applications Increased in Latest Weekly Survey
(DBN)

CAR on California Housing: Low Rates "Bolster" Sales in September
(DBN)

SoftBank hired restructure experts for WeWork: report What WeWork’s Demise Could Do to NYC Real Estate SoftBank reportedly plans to offer $5 billion in financing to WeWork without majority control, offering an alternative to JPMorgan's high-interest option The Kabbalah Connection: Insiders say a celebrity-centered religious sect deeply influenced how Adam Neumann ran WeWork before its spectacular collapse Leaked messages show WeWork employees internally discussing the toxic phone booth problem in July — and a pregnant tenant is furious
(DBN)

Where in America does $1 million buy the most house?
(DBN)

Lehman Lost Right To Recoup Bad Loans, Mortgage Cos. Say
(DBN)

Education Debt Hampers U.S. Homebuyers
(DBN)

____________

Municipalities:

The water crisis cities don't see coming
(DBN)

The 25 fastest-growing cities in the US, ranked
(DBN)

Chicago teachers reject latest offer, vote to strike Chicago schools shut down as the country's third largest school district braces for a teacher's strike Chicago teachers strike demands include push for affordable housing to help homeless students
(DBN)

____________

Oil/Gas:

We finally know what caused the refinery blast that rocked Philadelphia Philadelphia refinery blast released 5,000 pounds of hydrogen fluoride, federal investigators say Old, corroded pipe led to Philadelphia refinery fire: Chemical Safety Board
(DBN)

Here's what Halcón's newest post-bankruptcy executive will make
(DBN)

Weatherford lowers revenue expectations amid tougher market conditions
(DBN)

The Single Biggest Threat To U.S. Oil Jobs
(DBN)

____________

 

Retailing:

Retail Sales decreased 0.3% in September
(DBN)

Kroger workers say firings and job changes have sparked fear and 'chaos' in some stores
(DBN)

More than 8,600 stores are closing in 2019 as the retail apocalypse drags on — here's the full list
(DBN)

Barneys Taps Authentic for Lead Bidder, Rival Offer Expected Saks Fifth Ave, ABG to Pull Barneys Out of Bankruptcy for $270M
(DBN)

____________

Student Debt:

8 signs you can pay off your student loans in less time
(DBN)

____________

Utilities:

Want to Buy Bankrupt PG&E? California’s Governor Is Seeking Bids
(DBN)

UC Berkeley Was About to Launch a Satellite. Then PG&E Said It Was Cutting Power
(DBN)

Grids and Greed: An Expert Breaks Down Where PG&E Went Wrong and What It—and California—Needs to Do Now
(DBN)

PG&E gas executive involved in ill-timed winery retreat out of job
(DBN)

Oxygen-dependent California man dies 12 minutes after PG&E cuts power to his home
(DBN)

Pulling the Plug on PG&E
(DBN)

Disruptors Wanted: PG&E Shows Why Infrastructure Innovation Is Imperative
(DBN)

FirstEnergy Solutions' shift on pensions paves way for bankruptcy exit
(DBN)

Reorganization plan approved for owner of Pleasants Power Station
(DBN)

____________

Mass Torts:

USA Gymnastics Lands 2-Month Extension To File Ch. 11 Plan
(DBN)

____________

Tech:

As WeWork crashes and Uber bleeds cash, the consumer-tech gold rush may be coming to an end
(DBN)

____________

Debt Collection:

Justices Scratch Heads About When Clock Pauses for FDCPA Suits
(DBN)

____________

Personal Finance:

4 times you should say no to giving a loan to someone you care about — and the one time you should consider saying yes
(DBN)

Most millennial couples say money adds stress to their relationship, and Gen X largely agrees
(DBN)

____________

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 (19 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (9 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)

______________

Bankruptcy Rules:

Proposed Amendments Published for Public Comment Small Business Reorganization Act of 2019 Rules and Forms - Public Comment Period Open Through November 13th
(DBN)

____________

Sales:

Liquor License Sale Financing: Can a Creative Structure Save the Day?
(DBN)

____________

Autos:

General Motors climbs after agreeing to tentative labor deal with UAW that could end month-long strike GM, UAW reach tentative pact that could end monthlong strike by 48,000 workers UAW, GM leaders have a deal to end strike, now workers will decide
(DBN)

The Death of Cars Was Greatly Exaggerated
(DBN)

Musk Testifies He's Low on Cash & Liquid Assets
(DBN)

DURA Automotive Systems, LLC Secures $77 Million in Financing to Pursue Expedited Restructuring & Going Concern Sale
(DBN)

____________

Climate:

Scientists say these 11 major cities could become unlivable within 80 years
(DBN)

Another insurer will dump coal and oil sands
(DBN)

A Northeast storm will intensify into a bomb cyclone, forecasters say
(DBN)

London commuters seen dragging climate activists off underground trains
(DBN)

Appalachia is transitioning from coal. Here’s what it could learn from Germany.
(DBN)

Our planet is having its second-warmest year on record in 2019
(DBN)

Melting Permafrost Imperils Arctic Residents
(DBN)

____________

Aerospace:

NASA reportedly paid SpaceX $5 million to make sure its employees didn't use illegal drugs after Elon Musk smoked pot on camera
(DBN)

____________

Batteries:

Exide Loses Bid To Halt California Penalties Via Ch. 11
(DBN)

____________

Entertainment:

Netflix heads into showdown with slowing subscriber growth Netflix results 'spell trouble' as subscriber growth slows Netflix finally admits the obvious: Competition from Apple and Disney will hurt Netflix Approaches Critical Test of Its Viability
(DBN)

____________

Pharma:

Five companies said to be in talks over $22 billion opioid settlement
(DBN)

Drug Giants Close In on a $50 Billion Settlement of Opioid Cases Broad opioid settlement talks heat up as federal trial looms
(DBN)

McKesson CEO Among Four Summoned to Court For Opioid Talks
(DBN)

Drug distributor shares spike on word of opioid settlement
(DBN)

Jury selection begins in opioid trial despite delay request
(DBN)

Pelosi Drug Bill Would Save Medicare $345Bn
(DBN)

____________

Corporate Governance:

Marc Benioff: CEOs won’t keep jobs ‘very long’ if they don’t adopt a new approach to capitalism
(DBN)

____________

Soccer:

AC Milan Suffer Record 146 Million Euro Losses: Reports
(DBN)

____________

Healthcare:

Courts threaten patients with jail time over unpaid medical bills
(DBN)

Bernie Sanders Wants To Get Rid Of Your Past-Due Medical Bills
(DBN)

VA's Shulkin: Trump Fired Me
(DBN)

____________

Aviation:

Months after suspending plans for RDU, airline files for bankruptcy
(DBN)

Air Canada removes 737 Max planes from its schedule until Feb. 14
(DBN)

____________

Newspapers:

USA TODAY phasing out print edition
(DBN)

____________

Food/Beverage:

Kona Grill investors get nothing back from $25M sale to restaurant group, filing shows
(DBN)

For some restaurateurs, hospitality in era of polarized politics has its limits
(DBN)

____________

Radio:

Judge denies stay in FCC license revocation proceedings involving grim reaper of radio
(DBN)

____________

Investment Managers:

Unit of Dallas-based Highland Capital files bankruptcy Highland Capital Management files for Chapter 11 bankruptcy: court filing Highland Unit Files Bankruptcy Over Disputed Crisis-Era Fund Summary: New Chapter 11 Filing - Highland Capital Management LP
(DBN)

____________

UK:

How hedge funds profit when big companies like Thomas Cook fail EC Approves Bridging Loan For Collapsed Thomas Cook Subsidiary Condor
(DBN)

Boris Johnson has finally agreed a Brexit deal with the EU UK and EU strike new Brexit deal after last-ditch talks Johnson reaches Brexit deal, but needs Parliament's approval Johnson's EU Brexit deal plan rejected by key U.K. government ally
(DBN)

____________

Canada:

Pricey pot, few stores in Canada after 1 year of legal sales
(DBN)

____________

Hong Kong:

Back to basics - Hong Kong Court of Appeal queries approach to winding up petitions where arbitration is involved
(DBN)

____________

Brazil:

Brazil's Renova Energia files for bankruptcy protection to restructure $742 million debt
(DBN)

____________

Venezuela:

Caracas Country Club: Where the 0.01% Await Socialism’s Collapse
(DBN)

____________

Malaysia:

Over 80,000 Malaysians declared bankrupt from 2015 until August this year
(DBN)

____________

Australia:

ASIC 'closely monitoring' PwC's and KPMG's insolvency buys
(DBN)

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