October 7, 2019

The Daily Bankruptcy News

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Law:

The Incredible Shrinking Equity Ranks
(DBN)

Stressed Out, Left Out: Law Firm Staff Suffering in Silence
(DBN)

Students Are Dropping (Out) Like Flies At This Law School
(DBN)

The Law Schools With The Worst First-Time Bar Exam Pass Rates (2018)
(DBN)

The Original Emory Law School N-Word-Using Professor Faces A Hearing On His Future Today
(DBN)

Sullivan & Cromwell Faces Fight Over Tax Bill for Wall Street HQ
(DBN)

Cravath to Anchor Brookfield’s Two Manhattan West Skyscraper
(DBN)

The Awful Truth About Law Firm Life Comes To Primetime
(DBN)

Young Lawyers Are Optimistic, but Partners Have 'Grave Doubts' About the Future
(DBN)

New Doors Open for GCs: As the GC Role Grows, So Do Career Opportunities
(DBN)

Goodbye Email, Hello Brave New World
(DBN)

Calif. Attys Must Have Implicit Bias Training Under New Law
(DBN)

What Bugs In-House Lawyers About Outside Counsel?
(DBN)

Cutting-Edge Practice Areas Are a Worthy Challenge for Young Lawyers
(DBN)

More than 140 businesses call on Supreme Court to protect Dreamers Trump administration to deny visas to immigrants who can't prove they can pay for health care Immigration splits small Maryland town, leading to dueling protests
(DBN)

Treasury Faces Probe on Trump Taxes Request
(DBN)

Supreme Court agrees to hear Louisiana abortion case Supreme Court to review Louisiana abortion law nearly identical to Texas law it struck down in 2016 In the Supreme Court, it's all been building to this
(DBN)

SCOTUS to Take on Religious Liberty Cases
(DBN)

Skadden and Weil, After 60,000 Hours, Near End of Innocence Project Backlog
(DBN)

Landske, 84, gets 55 years for murdering prominent attorney
(DBN)

California Law Firm’s Web-Review Defamation Suit Properly Tossed
(DBN)

Florida Woman Arrested with 24 Pipe Bombs
(DBN)

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Judges:

BK SD GA: Vacancy Announcement - Law Clerk to the Honorable Michele J. Kim
(DBN)

BK ND TX: General Order 19-02 Reappointment of United States Bankruptcy Judge Stacey G.C. Jernigan
(DBN)

RBG: Historians will view today's political climate as "an aberration"
(DBN)

Three justices attend Red Mass to mark new judicial term
(DBN)

Supreme Court set to weigh in on 2020's most polarizing issues Impeachment Fight Lurks as Supreme Court Tackles Divisive Issues
(DBN)

Yes, There are ‘Obama Judges‘ and ‘Trump’ Ones, Too
(DBN)

Say Your Piece, Supreme Court Advocates. But Only for Two Minutes Supreme Court gives lawyers 2 minutes with no interruptions Justices Plan to Let Lawyers Speak for First 2 Minutes
(DBN)

Paul Weiss Pokes Gibson Dunn in New SCOTUS Brief in Consumer Bureau Case
(DBN)

At the Supreme Court, Where Are the Women Advocates?
(DBN)

Why History Supports US Supreme Court Term Limits
(DBN)

Judge gives Bible to ex-cop after conviction, bringing ethics complaint from religious freedom foundation
(DBN)

Are the legacies of Oliver Wendell Holmes in a ‘head-on-crash’?
(DBN)

Supreme Court Justices Used To Pass Notes Like Teenagers During Oral Arguments
(DBN)

SCOTUS Clerkships Get Too Much Weight in Legal Field, Alumni Say
(DBN)

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Wall Street:

US futures point to a drop of more than 100 points at the open
(DBN)

Dow and S&P 500 will try to snap a 3-week slide as US-China trade talks kick off in the week ahead
(DBN)

Stock market goes from worried to rally mode on Friday
(DBN)

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Layoffs:

Automation to hit African Americans disproportionately
(DBN)

Another 4,200 truck drivers lost their jobs in September as a recession slams America’s $800 billion trucking industry
(DBN)

Here's everything we know about WeWork exec exits, huge layoffs, and more as the co-working giant looks to right itself after a failed IPO
(DBN)

HSBC to Fire 10,000 Workers
(DBN)

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Politics:

The two words powering Elizabeth Warren’s rise and energizing campaign rallies Elizabeth Warren's campaign says it raised $24.6 million in Q3 Elizabeth Warren Savagely Dominates Jacob Wohl, Finishing Him Off For Now
(DBN)

Volker told House committees he was unaware of push for Ukraine Biden probe Second Ukraine whistleblower has "firsthand knowledge" of Trump allegations Whistleblower's attorney says team now representing 'multiple' officials Pompeo says he responded, but House is waiting for subpoenaed documents State Department rattled by impeachment inquiry revelations Trump's impeachment poll warnings Mitt Romney: It's "wrong and appalling" Trump asked foreign countries to investigate Biden Trump uses vulgarity, calls for Romney's impeachment after senator's criticism Trump Demands Romney Impeachment AP Fact Check: Trump's tale about Romney unrest, impeachment Trump suggests Nancy Pelosi is guilty of treason amid impeachment inquiry Trump Suggests, Without Evidence, That Drugmakers Are Behind Impeachment Inquiry Miller Blamed Impeachment on Deep State An aggrieved Trump spins an alternate reality as impeachment probe escalates Schiff Really Gets Under Trump's Skin Adam Schiff’s false claim that ‘we have not spoken directly with the whistleblower’ Trump is reportedly blaming Rick Perry for his infamous call with the Ukrainian president Rick Perry Aide: Calling Ukraine for Energy Media Wonders If Democrats Are Right To Do The Thing Literally Every Court In America Does Trump's private concerns of an impeachment legacy Trump turns to Breitbart in impeachment war Depositions and more: What to watch on impeachment this week Mulvaney predicts post-impeachment landslide Jim Jordan suggests Trump was joking about China investigating Bidens Channeling Democrats on impeachment Channeling Republicans on impeachment 'Out on a limb': Inside the Republican reckoning over Trump's possible impeachment Impeachment tests Democrats' foothold in swing districts The Top US Diplomat In Ukraine Was Skeptical Of Trump. Then Came His “Nightmare Scenario.” Pentagon Distances from Ukraine Scandal Why Trump, Facing Impeachment, Warns of Civil War Trump’s Ukraine Nightmare Is About to Get Much, Much Worse Trump says House has votes to impeach, but believes Republicans in Senate will exonerate him Ex-Trump Org Exec: He'll Resign in the End Bob Woodward Talks Trump, Impeachment
(DBN)

Trump's defiance of oversight presents new challenge to Congress's ability to rein in the executive branch
(DBN)

Trump Falls Into His Own Conspiracy Quagmire Republican Sen. Ron Johnson's conspiracy-filled defense of Trump
(DBN)

Mounting evidence buttresses the facts laid out in whistleblower complaint
(DBN)

Colin Powell: The Republican Party Needs To 'Get a Grip' and Stand Up to Trump
(DBN)

The Hunter Biden story is a troubling tale of privilege
(DBN)

Justice Department is oddly incurious about potential criminality in Trump-Ukraine mess
(DBN)

Nikki Haley: ‘Every American should be proud’ of Trump
(DBN)

A 2nd Whistleblower Comes Forward New whistleblower may give House Democrats fresh information The 'Whistleblower' Probably Isn't
(DBN)

Trump reportedly left staffers 'genuinely horrified' in his phone calls with Putin, Saudi Arabia
(DBN)

Trump Doubted Russia Poisoned Skripal
(DBN)

How can Rudy Giuliani possibly still be Donald Trump's lawyer?
(DBN)

Pence's Stunning Election Hypocrisy
(DBN)

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Agribusiness:

Trump administration unveils new plan to boost corn-based ethanol
(DBN)

Trade War Has Farmers Taking 2nd Jobs
(DBN)

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Economy:

Economists warn the risk of recession is rising because of Trump’s trade war
(DBN)

Only geopolitics can sink the US into recession, Blackstone’s Schwarzman says
(DBN)

Trump's economic shield against impeachment
(DBN)

How America's Rich Get so Rich
(DBN)

The overall tax rate for the richest 400 households last year was 23%
(DBN)

America's Richest Prefer California
(DBN)

Chart: The jobs of the future are growing faster than all jobs
(DBN)

Business leaders spooked by Trump's manufacturing slump
(DBN)

Services data is following manufacturing
(DBN)

There’s a theory that stingy millennials are to blame for the sluggish economy
(DBN)

Ex-Credit Suisse CEO Calls Negative Interest Rates ‘Crazy’
(DBN)

U.S. trade deficit grows to $54.9 billion in August Trade Deficit increased to $54.9 Billion in August
(DBN)

China is reportedly reluctant to agree to a broad US trade deal with talks set to restart Close the trade deal and move on to broader US-China relations
(DBN)

US Japan Trade Deal Falls Short of TPP
(DBN)

Q3 GDP Forecasts: Just Under 2%
(DBN)

September unemployment rate falls to 3.5%, a 50-year low, as payrolls rise by 136,000 September Employment Report: 136,000 Jobs Added, 3.5% Unemployment Rate Comments on September Employment Report
(DBN)

Here's why you still can't get a raise, even with unemployment at a 50-year low
(DBN)

Black and Hispanic unemployment is at a record low
(DBN)

Public and Private Sector Payroll Jobs During Presidential Terms
(DBN)

Here’s where the jobs are — in one chart
(DBN)

The Treasury yield curve has steepened for all the wrong reasons
(DBN)

AAR: September Rail Carloads down 7.0% YoY, Intermodal Down 4.6% YoY
(DBN)

A 29-year-old mayor gave his city’s poorest residents $500 a month. Here’s how they spent the money.
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

After Mass Shootings Shatter Communities, Their Effects Ripple Through Real Estate
(DBN)

U.S. Publicly-Traded Mall REIT Vacancies Are Not That High
(DBN)

'The emperor has no clothes': Billionaire debt investor Howard Marks slammed WeWork's business model and valuation
(DBN)

Cary-based site developer files for bankruptcy protection after project went 'south'
(DBN)

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Municipalities:

Finally, Puerto Rico has a way out of its debt crisis
(DBN)

The 20 cities in the Northeast that Americans are escaping in droves
(DBN)

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Oil/Gas:

Keppel, Sembcorp Marine settle with Sete Brasil over billions in frozen rig orders
(DBN)

EP Energy Files for Bankruptcy Apollo and Elliott Team Up to Save EP Energy Stake in Bankruptcy Apollo-Backed EP Energy Files for Bankruptcy After Struggling Under Buyout Debt
(DBN)

Elk Petroleum Wins Nod For Ch. 11 Plan Confirmation
(DBN)

Ecuador Leaves OPEC, Declares State Of Emergency Amid Protests
(DBN)

Shale Jobs Drying Up in Permian Basin
(DBN)

CA: 725,000 Acres of Coast Opened to Drilling
(DBN)

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Hotels:

Hotels: Occupancy Rate "Dipped" Year-over-year
(DBN)

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Utilities:

Overwhelmed or Ill Informed, 70,000 Wildfire Victims May Get Nothing
(DBN)

CA: 10,000 to be Hit with Power Blackout
(DBN)

PG&E Lines up $34 Billion in Debt Financing Amid Creditor Fight PG&E says it has $34.45 billion in debt financing for reorganization
(DBN)

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Climate:

Hurricane Dorian Should Have Been a CAT 6
(DBN)

'Once they're gone, they're gone': the fight to save the giant sequoia
(DBN)

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Pharma:

Victims gain a voice to help guide Purdue Pharma bankruptcy
(DBN)

The Opioid Onslaught: Indictments, Civil Suits Strike Fear in Hearts of General Counsel
(DBN)

States, local governments blast Purdue settlement offer 24 state attorneys general launch legal challenge against Purdue Pharma Attorneys General Really, Really, Really Want to Keep Suing Purdue Pharma and the Sacklers
(DBN)

States Suing Purdue Pharma Claim Sacklers Drew $13 Billion Profit from OxyContin Purdue opioid deal blasted as records show $13B to Sacklers Sacklers trying to shield opioid profits with Purdue bankruptcy, states say Purdue, Sacklers Facing Fight Over Attempt to Evade Lawsuits
(DBN)

Victims Weren't in the Room When Opioid Maker Settled
(DBN)

OxyContin Maker Draws Alarm With Plan for Bonuses
(DBN)

Opioid doctor's 40-year sentence is stark reminder of widespread overdose epidemic
(DBN)

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Celebs:

Why Toni Braxton Filed for Bankruptcy Twice
(DBN)

Joe Giudice of ‘RHONJ’ chooses Italy over ICE in deportation case
(DBN)

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Personal Finance:

How a 23-year-old making $172,000 a year in New York City spends his money
(DBN)

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Taxis:

‘We Were Wiped Out’: New Yorkers Preyed on Chicago Cabbies
(DBN)

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Religion:

Accused priests teach, counsel young children under the radar
(DBN)

Who's Lobbying Against Child Abuse Laws?
(DBN)

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Pensions:

A $440 Billion Pension Market Sounds Alarm as Liabilities Swell
(DBN)

GE to freeze pension plans for about 20,000 US employees in a bid to cut debt
(DBN)

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New Bankruptcy Opinions
(8 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Chapter 7, 12 & 13 Private Trustee Locator
(DBN)

Recent Ch. 11 Filings (21 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (76 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:

September Commercial Chapter 11 Filings Jumped 33 Percent Y/Y
(DBN)

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D&O:

Seventh Circuit Says Contract Exclusion Renders E&O Coverage Illusory
(DBN)

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Litigation:

Results Define Us, But Stay Grounded
(DBN)

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Autos:

Pressure mounts on GM and United Auto Workers to make a deal as strike drags into 19th day GM, Workers Hit a Big Snag —and Mexico Plays a Role Sources: GM walks back on offer to revive Detroit-Hamtramck and Lordstown, Ohio plants UAW negotiator presses GM labor relations leader for action in email UAW says GM labor talks ‘have taken a turn for the worse’
(DBN)

What it's like on a 24-hour-picket line during one of the biggest strikes in recent history
(DBN)

Jury says Bart Reagor owes Ford $54 million
(DBN)

Tesla Will Lose 80% of Value or Die
(DBN)

German authorities say Mercedes may have manipulated emissions readings on hundreds of thousands of vans
(DBN)

Nissan's Pay Plans Point to Troubles at Top
(DBN)

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Retailing:

Barneys in negotiations with $220 million bidder Barneys finds $220 million bidder in bankruptcy court Barneys Considers Buyout Proposal From Retail Investor Group
(DBN)

As Barneys races to find a buyer, vendors fear getting left behind
(DBN)

Bankrupt Sears settles dispute with retirees over life insurance benefits
(DBN)

Forever 21 bankruptcy echoes Gen Z’s prioritization of sustainability in fashion
(DBN)

Forever 21's downfall happened when it failed to win over Gen Z, experts say
(DBN)

3 reasons Forever 21’s bankruptcy doesn’t spell the end of brick-and-mortar retailing
(DBN)

Forever 21 is filing for bankruptcy. But its employees aren’t going down without a fight.
(DBN)

The 'retail apocalypse' may last two more years
(DBN)

The US is adding jobs, but not in retail. The industry shed 11,400 jobs last month
(DBN)

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Hollywood:

Production Services Firm Deluxe Files for Bankruptcy
(DBN)

We Can’t Give You a Loan, CLO Managers Told Now Bankrupt Deluxe
(DBN)

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Fraud:

In Theranos Civil Case, Cooley Says Elizabeth Holmes Has Growing Unpaid Legal Bill
(DBN)

Area Senior Arrested For Keeping It Old School With His Ponzi Scheme
(DBN)

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Social Media:

US House panel taps defunct start-up for Facebook files
(DBN)

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Travel:

A Delta flight was delayed 3 hours after a passenger managed to board without a ticket
(DBN)

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Healthcare:

Ex-CFO at bankrupt Jerome Golden hospital linked to payday loan scandal
(DBN)

Stigler Hospital Lays Off Most Employees, Takes Bankruptcy Precautions
(DBN)

Private equity has inflated US medical bills
(DBN)

Sanders, Warren scramble over impact of Medicare-for-all
(DBN)

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Aviation:

Should Bankrupt Carriers Be Relaunched?
(DBN)

Airline bankruptcies surge, leaving rivals vying for planes
(DBN)

Bristow to re-emerge from Chapter 11 bankruptcy this month
(DBN)

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Coal:

Rockhampton Energy files for Bankruptcy
(DBN)

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Sovereigns:

IMF accused of 'reckless lending' to debt-troubled states
(DBN)

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UK:

The Debt Arrangement Scheme (Scotland) Amendment Regulations 2019
(DBN)

Boris Johnson: EU, We're Leaving in 25 Days Boris to Sabotage EU if Brexit Delayed Brexit Talks Grind to a Halt
(DBN)

Thomas Cook’s Insolvency – What Does it Mean for Shareholders, Employees and Customers? Final Thomas Cook holiday-makers to fly home to Britain
(DBN)

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EU:

EU Can't Afford Brexit Insanity Anymore
(DBN)

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Australia:

Enforcing income contributions in bankruptcy
(DBN)

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Hong Kong:

Chinese soldiers in Hong Kong warn protesters as emergency rules fail to quell unrest Ignoring ban, masked Hong Kongers march in huge numbers
(DBN)

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India:

$63 Billion of Zombie Buildings Sound Alarm for Indian Banks
(DBN)

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MENA:

13-year-old girls sold for so-called 'pleasure marriages' in Iraq
(DBN)

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