September 17, 2019

The Daily Bankruptcy News

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Law:

Biglaw Firm Announces Nationwide Buyout Program
(DBN)

The Changing Top Of The Biglaw Heap
(DBN)

Jones Day Apologizes for Botched Filing That Revealed Grand Jury Info Biglaw Firm Apologizes For Embarrassing Redaction Error
(DBN)

Patterson Belknap Hires Four-Time Law Firm COO
(DBN)

New Startup Rents Lawyers to Other Startups
(DBN)

Leveraging a Mentorship—Tips for Millennial Lawyers, by Millennial Women Lawyers
(DBN)

Eight years of Trump’s tax returns subpoenaed by Manhattan DA, report says
(DBN)

Welcome To Emory Law School — It’s Been 0 Days Since We Last Used The N-Word In Class Emory Investigating Reports That 2 More Law Profs Used Racial Slur in Class
(DBN)

Jeffrey Epstein’s victims will not get cash damages from federal government over controversial deal Bill Gates regrets meeting with Jeffrey Epstein How Jeffrey Epstein supported Harvard after his conviction Prosecutors must probe Jeffrey Epstein's trafficking network, says British victim Sarah Ransome in first interview
(DBN)

Russia hacked the FBI to prevent the bureau from being able to track Russian spies in the US
(DBN)

Emoluments Are Back On The Table
(DBN)

Will Trump's Hotels Bring Him Down
(DBN)

McCabe's legal team says Trump's attacks have made fair prosecution an 'impossibility'
(DBN)

Dershowitz: Too Many Politicians Prosecuted
(DBN)

Elon Musk said that when he called a British diver a 'pedo guy,' he didn't mean 'pedophile'
(DBN)

Military Families are Paying for Trump's Wall
(DBN)

Education Department no longer blocks Public Citizen website after lawsuit is filed
(DBN)

Meet The Lawyer Fighting To Keep Nazis And Trolls On Twitter
(DBN)

‘Unbelievable’: How 2 (Female) Cops Traced A Serial Rapist Back To A Victim No One Believed
(DBN)

Most Americans still oppose busing to reduce school segregation, poll finds
(DBN)

Edward Snowden: I Just Want a Fair Trial Snowden says Biden warned countries not to grant him asylum
(DBN)

Iowa Attorney Suspended Indefinitely for Stealing from Firm
(DBN)

Cuffed Suspects Caught Having Sex In Cop Car
(DBN)

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Judges:

Bankruptcy Judge Scott Gan Appointed to Ninth Circuit Bankruptcy Appellate Panel
(DBN)

Reappointment of United States Bankruptcy Judge Helen E. Burris
(DBN)

Roadways to the Federal Bench: Who Me? A Bankruptcy Judge?
(DBN)

BK SD FL: Courthouse Beacon News
(DBN)

Democrats are focused on impeaching Trump, not Kavanaugh, Nadler says The New York Times’ new bombshell allegations against Brett Kavanaugh left out a very important detail. Here’s what it means Calls For Brett Kavanaugh’s Impeachment Heat Up After A New Sexual Misconduct Allegation New York Times reports on new unconfirmed allegation against Kavanaugh; Dems call for impeachment How the FBI's Kavanaugh investigation was limited Trump rages after NYT updates story to say alleged Kavanaugh victim ‘does not recall’ incident ‘Scurrilous Accusations': Impeachment Unlikely as Lawmakers Fight Over New Kavanaugh Allegation
(DBN)

Longtime municipal judge is charged with grabbing woman at his law office
(DBN)

Attorneys for drug companies want federal judge in Cleveland booted from massive opioid litigation Drug Distributors, Pharmacies Act to Dump Mass Opioid Case Judge
(DBN)

61 Retired Jurists Support Judge Charged With Helping Man Escape ICE Arrest
(DBN)

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Wall Street:

US futures point to slightly lower open
(DBN)

US stocks close lower as spike in crude oil rattles market
(DBN)

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Layoffs:

The self-driving truck startup that's been quietly moving UPS loads just pulled in $120 million in fresh funding
(DBN)

Kohler cuts 84 jobs
(DBN)

SeaWorld Lays Off 100
(DBN)

Packaging company will layoff 72 workers
(DBN)

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Autos:

Striking UAW workers want Trump to stay out of negotiations with GM 2020 Democrats cheer autoworker strike as they look to top Trump in swing state Michigan
(DBN)

Talks Carry On but No Deal Yet in UAW Strike Against GM
(DBN)

Why auto workers went on strike against GM
(DBN)

50,000 Union Workers Strike At GM: Here’s What It Might Mean For The Employees, Employer And Economy
(DBN)

G.M. Workers Say They Sacrificed, and Now They Want Their Due
(DBN)

GM strike lurches on as President Trump and other political leaders watch and wait
(DBN)

What the G.M. Strike Looks Like
(DBN)

GM walkout brings factories and warehouses to a standstill
(DBN)

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Aviation:

FAA chief to test out changes to Boeing 737 Max software in simulator
(DBN)

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Healthcare:

Judge puts freeze on sale of Hahnemann residency program — for now
(DBN)

Federal judge stays Hahnemann residency sale; St. Chris auction pushed to Thursday
(DBN)

Health Insurance That Doesn’t Cover the Bills Has Flooded the Market Under Trump
(DBN)

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Politics:

Elizabeth Warren held her biggest rally yet at a Manhattan park At rally, Warren decries Trump as 'corruption in the flesh' Warren, before huge NYC crowd, touts herself as an heir to female pioneers
(DBN)

Why Trump Will Win in 2020
(DBN)

Joe Biden's two-word retort to an array of challenges: Barack Obama
(DBN)

Trump’s rant about light bulbs, fact-checked
(DBN)

Trump Keeps Telling Leaders About Kim
(DBN)

Poll: What Americans want from U.S. foreign policy
(DBN)

Judge Blocks Confederate Statues Removal
(DBN)

Condoleezza: Crisis Brewing Over Populism
(DBN)

How Trump’s ‘startling blunt exercise in socialism’ is overlooked by his backers
(DBN)

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Economy:

NY Fed: Manufacturing "Business activity was little changed in New York State"
(DBN)

Powell’s checklist spells out three risks the Fed must manage
(DBN)

Fed poised to cut rates as Trump keeps up pressure
(DBN)

The Gig Economy Could Change How Employers Gear for Next Recession
(DBN)

Average FICO score stands at record high
(DBN)

Recession fears have hit an all-time high, a new Bank of America survey shows
(DBN)

Bill Gates: Gender inequality affects every country on Earth
(DBN)

Update: Predicting the Next Recession
(DBN)

Airbus Shares Fall on WTO Ruling for Trump
(DBN)

China's Economy Slows Again China's industrial production just keeps falling — and its bringing the US down with it
(DBN)

US China Trade War Remakes Global Economy
(DBN)

Trump says he reached interim trade deal with Japan, but details remain scarce
(DBN)

Oil prices could go much higher if there is a military escalation after Saudi attack Brent crude oil jumps the most in history after Saudi attacks Dow falls for the first time in 9 days on fears spiking oil will slow the global economy The spike in oil prices will have to get a lot worse before it wrecks the economy Experts say the Saudi oil crisis could send oil prices to $150 a barrel if the Iran-US conflict escalates and worsens the global downturn Why stock investors are overreacting to the Saudi oil attack Here’s the ‘panic level’ for oil
(DBN)

Ron Paul: ‘We’re in the biggest bond bubble in history, and it’s going to burst’
(DBN)

Where Americans say their ancestors came from, in 17 maps
(DBN)

Wall Street May Get $40 Billion Reprieve From Trump Regulators
(DBN)

Progressive tax-the-rich push gains momentum
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

Phoenix Real Estate in August: Sales up 8.6% YoY, Active Inventory Down 16.6% YoY
(DBN)

Share of Mortgages Insured or Financed, by Issuer, Since 1990
(DBN)

WeWork’s on-again off-again IPO delayed again
(DBN)

Average U.S. rent climbs to $1,472 in August
(DBN)

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Municipalities:

Changes eyed to U.S. financial oversight law for Puerto Rico Grijalva to Propose Changes to Puerto Rico Promesa Law Chairman Grijalva Discusses Promesa, Political Status with Puerto Rico's Leaders
(DBN)

Detroit mayor wants to wipe out residential blight with bonds
(DBN)

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Oil/Gas:

Houston-based energy co. to review strategic alternatives year after exiting bankruptcy
(DBN)

Alta Mesa roundtable talks unusual sale process, bondholder investigation
(DBN)

Citi: The Saudi oil-field attacks show investors have been 'persistently mispricing' oil by ignoring a 'highly vulnerable' infrastructure — and now all bets are off The uncertain oil market landscape after the Saudi attacks
(DBN)

UAE: OPEC Can Fill Saudi Oil Supply Gap If Necessary
(DBN)

Man Who Lost To Vanilla Ice On ‘Dancing With The Stars’ Attempts To Quell Oil Market Fears Of Sectarian War In Middle East
(DBN)

US will see ‘sticker shock’ at the gas pump after attacks on Saudi oil facilities, analyst says Brent crude oil jumps the most in history after Saudi attacks
(DBN)

The Fracking Industry's Achilles Heel
(DBN)

EVs are Now Cutting into Gas Engine Car Sales
(DBN)

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Movie Theaters:

If you're laughing at the death of MoviePass, you probably aren't paying close enough attention
(DBN)

MoviePass owner gets a bid from Ted Farnsworth, who was chief executive
(DBN)

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Food/Beverage:

Perkins' price tag in bankruptcy: $51 million
(DBN)

The rise and fall of Subway, the world's largest fast-food chain
(DBN)

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Telecoms:

Reliance’s Flag Telecom, Associates File for Chapter 11 at Delaware Court RCom's undersea cable unit GCX files for bankruptcy Reliance Communications unit GCX files for bankruptcy RCom subsidiary files for bankruptcy in US
(DBN)

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Radio:

Bankruptcy filing suggests Romanik's racist programming could soon be history
(DBN)

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Electricity:

Judge sets January 2020 date for PG&E’s Tubbs Fire trial Judge Rejects PG&E Bid to Move Wildfire Liability Trial PG&E’s role in the 2017 Tubbs Fire on track for trial in January
(DBN)

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Event Facilities:

Judge mulls city request to block $430,000 in TIF payments to Menominee Nation Arena owner
(DBN)

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Crypto:

Canada Revenue Agency Audits QuadrigaCX’s Corporate Tax Returns
(DBN)

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Festivals:

Pittsburgh Regatta Promoter Files For Bankruptcy Company blamed for Three Rivers Regatta cancellation has filed for bankruptcy
(DBN)

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Retailing:

Holiday retail sales could climb 5% despite ‘unprecedented uncertainty’
(DBN)

J.C. Penney: A Race Against Time Can J.C. Penney's Jill Soltau pull off the ultimate retail Hail Mary?
(DBN)

GameStop’s new CEO and CFO reveal their plan to repair the company’s decimated stock price after a brutal year in which hundreds of millions of dollars in value were wiped out The world's biggest video game retailer, GameStop, has a major problem: way too many stores
(DBN)

Old Navy: What Retail Apocalypse?
(DBN)

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Radio:

Asset Liquidation Ahead For Scrutinized St. Louis Operator
(DBN)

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Pensions:

Ruling on a Kentucky pension plan viewed as credit positive for state
(DBN)

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Student Debt:

Student Loan Bankruptcy and the Meaning of Educational Benefit
(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 (22 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (16 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:

2019 Shaping Up As Busy Year For Ch. 11s
(DBN)

Weekly Bankruptcy Claims Trading Activity
(DBN)

Driven to Bankruptcy — New Research from the Consumer Bankruptcy Project
(DBN)

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Cross-Border:

Thomas Cook Files for U.S. Bankruptcy Protection
(DBN)

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Exemptions:

Beware the Living Trust! You May Lose Your Homestead
(DBN)

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Debt Collection:

True confessions: What it’s like to be a debt collector
(DBN)

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Pharma:

Sienna Biopharmaceuticals Files In BK DE - First Day Dec
(DBN)

Purdue Pharma’s Bankruptcy Deal Has Holes the Size of 24 States Purdue Pharma's bankruptcy test Massachusetts, N.Y. Signal Purdue Faces Stiff Court Fight Would a Purdue Bankruptcy Protect the Sacklers? Good Question. Will Purdue’s Bankruptcy Engulf Its Owners? Purdue Pharma’s $10 Billion Bankruptcy Plan to Settle Opioid Epidemic Claims Heads to Court Purdue Pharma Responds to Wave of Opioids Litigation by Filing for Bankruptcy. What Happens Now? Will Purdue Bankruptcy Filing Resolve 'Unrelenting Chaos' Of Opioid Litigation? Purdue Pharma files for bankruptcy, suggests unusual plan Purdue Pharma Bankruptcy: How it may impact some Kentuckians Tennessee Is Content With Purdue Pharma Bankruptcy If It Speeds Up Payouts Mass. AG Maura Healey Vows to Continue Fighting Purdue Pharma Following Bankruptcy Filing Attorney Gen­er­al Ken Pax­ton Issues Statement on Chapter 11 Bankruptcy Filing of Pur­due Pharma AG James’ Statement on Purdue Pharma Bankruptcy Filing NC Attorney General on Purdue Pharma filing for bankruptcy Attorneys General Balk At Purdue Pharma Bankruptcy Filing Purdue Pharma files for bankruptcy - Peddler's gambit Can Purdue Pharma’s opioid settlement win judge’s approval? Purdue Pharma's Bankruptcy Is Far From Opioid Closure Canada will pursue compensation from Purdue over opioid crisis despite bankruptcy: B.C. AG
(DBN)

Opioid sellers say judge must recuse because he pushed settlement; 1 defendant files for bankruptcy Opioid plaintiffs fight bid to disqualify U.S. judge before trial
(DBN)

Purdue Pharma chair: Best way to fight opioid crisis is for OxyContin maker to stay in business
(DBN)

Factbox: The U.S. opioid epidemic in the courts
(DBN)

How the Fall of Purdue Pharma May Affect Arts Philanthropy in the Future
(DBN)

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Hotels:

Hotels: Some Analysis of Short Term Rentals; Occupancy Rate Decreased Year-over-year
(DBN)

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Climate:

Militaries Major Part of Climate Emergency
(DBN)

Global Warming and America's Uninsurables
(DBN)

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Corporate Governance:

Women now hold one out of every five seats on corporate boards in America's top companies
(DBN)

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Non-Profits:

Scout Leader Sang to the Boys While Naked
(DBN)

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Personal Finance:

Mini-retirements can help prevent burnout, but returning to the workforce afterward can be tough. Here's how to pull it off, from 4 people who have actually done it.
(DBN)

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UK:

Boris Johnson mocked after comparing Brexit to Hulk breaking chains
(DBN)

EU: Boris is Lying on Huge Brexit Progress
(DBN)

Boris Johnson could be forced to delay Brexit
(DBN)

Tony Blair: We're All Sick of Brexit
(DBN)

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EU:

Why the ECB’s calls for fiscal stimulus are playing on deaf ears
(DBN)

Draghi Leaves It to Lagarde to Pick Up the Pieces
(DBN)

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PIIGS:

Reprofiling Today for a Sustainable Tomorrow: A Unilateral Italian Debt Restructuring
(DBN)

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Canada:

CO2 solutions announces the filing of a notice of intention to make a proposal to its creditors under the Bankruptcy and Insolvency Act
(DBN)

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MENA:

Evidence indicates Iranian arms used in Saudi attack, say Saudis Britain: Not Clear Who was Behind Saudi Oil Field Attack White House Now Says Iran Did It Iran: We Didn't Hit Saudi Oil Facilities Satellite photos show the scale of destruction at Saudi oil field hit by drone attacks Riyadh has ‘great deal of explaining to do’ on how its oil assets were attacked: former US diplomat Saudi drone attack targeted weak spot they were powerless to stop How an Aerial Barrage Cut Saudi Oil Production in Half Why the Drone Attack on Saudi Oil a Big Deal Drone Attacks a "Pearl Harbor" Moment? Strike May Push China to Other Oil Supplies Trump: US Locked and Loaded as We Point Finger at Iran Trump says he’s in no rush to respond to the attacks on Saudi oil facilities Ex-Ambassador: Attacking Iran is Unwise
(DBN)

Iran ‘will never talk to America,’ supreme leader says as UN General Assembly gets underway
(DBN)

Now Bibi Vows to Annex All Settlements Netanyahu's election eve pitch to voters: I'm about to lose Israel Rivals Slug It Out in Second Election This Year
(DBN)

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India:

Is the bankruptcy law the best way to resolve stressed assets?
(DBN)

Global investors bet $45 bn on Modi's India. Now they are reversing it
(DBN)

Jet Airways lenders make presentation to Synergy Group
(DBN)

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France:

France hoping for better rescue offers for Aigle Azur airline
(DBN)

Delayed Aigle Azur liquidation leaves time for Air France rescue
(DBN)

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