September 25, 2019

The Daily Bankruptcy News

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Law:

Debt Finance Partner Michael Gustafson Joins Akin Gump in London
(DBN)

Burr & Forman Expands Creditors’ Rights & Bankruptcy Practice Group in Wilmington
(DBN)

McDermott Grows Restructuring & Insolvency Group
(DBN)

The Law School With The Worst Bar Exam Pass Rate In The Country
(DBN)

The Biglaw Firm Trying To Capitalize On The #MeToo Movement
(DBN)

The Dan Markel Case: Answers To Your FAQs
(DBN)

Judge rejects Avenatti request to move case to California
(DBN)

Pelosi announces impeachment inquiry into Trump amid alleged abuses of power “She Is Truly Alarmed”: Pelosi Eyes Select Committee for Trump Impeachment Comey: Don't Impeach Trump Impeachment: Why the Dems' Sudden Shift? Here’s what it would take to impeach President Trump Trump slams Pelosi impeachment probe: ‘PRESIDENTIAL HARASSMENT!’ House impeachment vote has suddenly become a real threat for Trump Trump confirms he withheld military aid to Ukraine Senate votes 100-0 to release Trump whistleblower complaint Trump authorizes release of transcript of controversial Ukraine call that mentioned Joe Biden The Ukraine scandal makes a stronger case for impeachment than the Mueller probe did What it would take for Congress to impeach Trump House Speaker Nancy Pelosi will reportedly announce a formal impeachment inquiry against Trump amid whistleblower scandal How the ground is shifting on impeachment Trump says he's going to release the transcript of his call with the president of Ukraine How would an impeachment inquiry against Donald Trump work? House Democrats think the Ukraine whistleblower report will be leaked if it's not 'turned over voluntarily' Napolitano: Trump Has Admitted the Crime Fox News’ Napolitano: What Trump Has Admitted to Is a Crime Who supports impeachment? Top Senate Democrat backs impeachment inquiry Don’t Focus on Ukraine Aid. Focus on the Phone Call Giuliani: State Dept. Asked Help with Ukraine Giuliani Ran Shadowy Ukraine Policy Back Story: Hunter Biden and Ukraine Glaring Loophole in Biden Corruption Claims White House Seeks Deal for Whistle-Blower to Speak to Congress
(DBN)

Federal Prosecutors Try to Block Trump Taxes
(DBN)

Roger Stone Can't Get Evidence Tossed
(DBN)

Dershowitz: Throw Out Epstein Accuser's Case
(DBN)

'Notable Convicted Murderer' Reportedly Confesses to Making a Murderer Killing
(DBN)

Texts between Amber Guyger, Dallas police partner revealed at murder trial
(DBN)

Dallas Cop Falsified Speeding Tickets
(DBN)

Immigrant Families Being Sent Back to Mexico How the Immigration Crisis Began
(DBN)

Placido Domingo Out at Met
(DBN)

39 states show decreases in prison populations: Report
(DBN)

Lawyer accused of smelling of alcohol at client's felony trial gets suspension
(DBN)

FBI Inquiry in Emmett Till's Murder Goes On
(DBN)

Can Someone Be Fired for Being Gay? The Supreme Court Will Decide
(DBN)

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Judges:

BK MD FL: Bankruptcy Judge Caryl E. Delano appointed Chief Bankruptcy Judge
(DBN)

Notice of Bankruptcy Judge Vacancy District of Kansas
(DBN)

Justice Gorsuch's wife reflects on her immigrant experience
(DBN)

The Enigma of Clarence Thomas
(DBN)

Justice Ruth Bader Ginsburg says politicization of court is a trend that should stop
(DBN)

Justice Elena Kagan Gives Law Students Message Of Hope Amid ‘Difficult’ Times
(DBN)

Celebrating 230 Years of the U.S. Courts
(DBN)

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Wall Street:

Stock futures slip after Pelosi launches Trump impeachment inquiry
(DBN)

S&P 500 drops the most in a month on Trump impeachment concerns
(DBN)

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Layoffs:

Albany-based airplane manufacturer lays off 113
(DBN)

Vaping giant Juul is cutting staff in corporate restructuring as scrutiny intensifies
(DBN)

After Eight Years, Car Wash Workers Can Cash Their Final Paychecks
(DBN)

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Solar:

Angry shareholders accused Elon Musk of using Tesla and SpaceX to bail out his cousins' solar company for $2.6 billion
(DBN)

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Healthcare:

Is Hahnemann a 'zombie hospital’? Appeal of residency program sale hinges on that argument
(DBN)

St. Christopher’s doctors worry as new owners won’t keep chief heart surgeon
(DBN)

West Palm Beach mental health services provider files for bankruptcy
(DBN)

Lobbyist Says Cancer Center Owes $11M Despite Ch. 11 Rule
(DBN)

TridentUSA Health Services Plan Confirmed; Emerges From Chapter 11 Restructuring
(DBN)

Avoid The Financial Toxicity That Often Accompanies Illness
(DBN)

How anti-vaxxers target grieving moms and turn them into crusaders How Anti-Vaccine Movement Took Hold in US
(DBN)

She received two rounds of ultrasounds. Why did one cost 10 times more?
(DBN)

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Fraud:

US marshals capture man accused in $1B Ponzi scheme
(DBN)

Dad Gets 4 Months in USC Scandal
(DBN)

Judge slaps $400-a-day fine for nursing home execs refusing to discuss resident who was allegedly bilked of $750K
(DBN)

Why One Federal Judge's Recent Decision Is Great News for Lori Loughlin
(DBN)

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Engineering:

McDermott - Struggling To Avoid Bankruptcy
(DBN)

McDermott Is Said to Seek Bridge Loan Until It Can Sell Assets
(DBN)

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Economy:

Richmond Fed: "Manufacturing Activity Softened in September"
(DBN)

Consumer confidence falls sharply in September U.S. consumer confidence sinks to 3-month low on trade worries, softer jobs market Trade War 'Rattles' US Consumer Confidence In September: Survey
(DBN)

Is the Freight Slowdown Signaling Recession?
(DBN)

Decline of the white working class spells trouble for Trump
(DBN)

Jerome Powell Is One Of The Richest People To Serve As Chairman Of The U.S. Federal Reserve
(DBN)

Firms that manage the money of the world's richest families expect a recession next year — and many are hoarding cash to prepare
(DBN)

Trump tells UN he will not accept a 'bad' trade deal with China Anthony Scaramucci is worried about the trade war US exempts $50 billion worth of imported Chinese medtech components and devices from tariffs Despite Exemptions, Medical Device Makers Wary Of Trump’s Trade War The trade war keeps weighing on consumer confidence. And that's a risk for the US economy Huawei CFO Fights US Extradition China wants the US to ‘remove all unreasonable restrictions’ US-China cold war and rising protectionism could split world order
(DBN)

US-Japan Trade Deal In Limbo As Tokyo Resists Car Tariffs Japan: We've Reached Trade Deal with US
(DBN)

Trump Misstates NAFTA Impact at UN
(DBN)

Recession-scarred millennials are opting for buy-now, pay-later shopping
(DBN)

25 recession-proof jobs for anyone worried about the next economic downturn
(DBN)

Globalization Is Narrowing The Wealth Gap, One Nation at a Time
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

Signs point to housing market heating up as home prices stop slowdown in July Case-Shiller: National House Price Index increased 3.2% year-over-year in July
(DBN)

Higher interest rates send weekly mortgage applications tanking 10% MBA: Mortgage Applications Decreased in Latest Weekly Survey
(DBN)

Household Real Estate Value and Household Mortgage Debt as a Percent of GDP Since 1952
(DBN)

Home price growth slowed to a crawl in July, Case-Shiller’s 20-city index shows Home prices in 20 U.S. cities rise at slowest pace since 2012
(DBN)

FHFA House Price Index Up 5.0% Year-over-year
(DBN)

This Lawyer Fought Housing Segregation. Now Wealthy Suburbanites Want to Fire His Firm.
(DBN)

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Municipalities:

Sanders and Ocasio-Cortez Call for Reversal of Puerto Rico Austerity Measures
(DBN)

Illinois’s Risk to Bond Buyers Is Getting Hotter – Literally
(DBN)

Financially troubled two-year college district could face a state takeover unless it makes big changes
(DBN)

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Oil/Gas:

Weatherford moves forward with bankruptcy proceedings in Ireland
(DBN)

SAExploration Announces Entry Into Forbearance Agreements, Additional Advances Under Its Credit Agreement and Repayment of Its 10% Senior Notes Due 2019
(DBN)

‘’Too Much Too Fast’’ Gas Glut Crushes Shale Drillers
(DBN)

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Climate:

The UN climate summit highlighted a massive divide The UN Climate Action Summit was a disappointment
(DBN)

‘The changes are accelerating’: Grim UN climate report predicts faster-rising oceans
(DBN)

Trump’s tweet about Greta Thunberg is one of his ugliest yet Greta Thunberg became a climate activist not in spite of her autism, but because of it How 16-year-old Greta Thunberg’s rise could backfire on environmentalists
(DBN)

U.S. Chamber to Re-Examine Climate Policy That Cost It Members
(DBN)

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Coal:

America's top energy regulator agonizes over the downfall of coal country
(DBN)

McConnell’s Record on Coal Has Become a Hot Topic in His Senate Campaign
(DBN)

Cash-strapped coal producer planning to sell mines
(DBN)

Job training help for laid-off Wyoming coal workers extended
(DBN)

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Aviation:

These ten airlines already went bankrupt in 2019
(DBN)

Slovenia’s Adria Airways nears bankruptcy Slovenia's Adria Airways grounds flights due to shortage of cash
(DBN)

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Retailing:

Forever 21 quits Hong Kong amid bankruptcy predictions Forever 21 shuts its last Hong Kong store as street rallies became the final straw that broke the fashion retailer’s back
(DBN)

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Pharma:

Can a Novel Legal Theory Combat the Opioid Crisis?
(DBN)

Jurors won't get confused during huge opioid trial, judge rules; He'll set penalties after
(DBN)

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Travel:

Could a Thomas Cook-like travel nightmare happen in the US? Here's what you need to know.
(DBN)

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Utilities:

‘This is not a chess game:’ Tension escalates in PG&E bankruptcy
(DBN)

PG&E’s bankruptcy plan – and future – has competition
(DBN)

Competing PG&E Bankruptcy Plan Would Pay Wildfire Victims $24B
(DBN)

PG&E, Wildfire Insurers Say Bondholders’ Bankruptcy Proposal Violates Rules
(DBN)

PG&E shuts off power for 24,000 homes as weather worsens wildfire risk
(DBN)

Thousands Across California Face Power Shutoffs on Fire Risk
(DBN)

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New Bankruptcy Opinions
(9 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (15 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:

Pharma Bankruptcies Spiking
(DBN)

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Intercreditor:

In the Third Circuit, an Intercreditor Agreement Means What it Says
(DBN)

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Bankruptcy Crimes:

Tulsa Man Pleads Guilty to Bankruptcy Fraud
(DBN)

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Mediation:

What’s a Mediator To Do When Parties Seem Unaware of an Important Rule of Law?
(DBN)

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D&O:

7th Circ.: Contract Exclusion Renders Coverage “Illusory”
(DBN)

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Tax:

IRS Testing Behavioral Analytics to Verify Online Users
(DBN)

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Student Debt:

The Undue Hardship Test Is Really Harsh
(DBN)

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Politics:

Warren passes Biden in new nationwide poll Biden nosedives in early-state polls Trump insiders see reasons to worry about Warren
(DBN)

Trump rails against "globalists" and "socialists" in UN address
(DBN)

Poll: No Increased Appetite for Impeachment Senate GOP Vows to  Quash Impeachment Trump Makes Clear He’s Ready for a Fight He Has Long Anticipated Why Trump Relishes the Upcoming Impeachment Battle
(DBN)

Trump is prepared to go to war against U.S. intelligence agencies
(DBN)

Congress Steps Up, Trump Blinks
(DBN)

It Was Wrong for Trump to Push Ukraine on the Bidens
(DBN)

The Lawsuit That Changed Donald Trump’s Life
(DBN)

Trumpworld: Public Defiance, Private Worries
(DBN)

Bernie Sanders one-ups Warren with his own wealth tax Bernie Sanders’s wealth tax proposal, explained ‘Billionaires should not exist’: Sanders tries to outdo Warren with tougher wealth tax Sanders’ Wealth Tax Would Cut Billionaires’ Net Worth In Half Sanders vs. Warren: How Their Wealth Tax Plans Differ
(DBN)

Sanders’s top staffers are making a pointed case against Warren
(DBN)

Here’s how Biden, Sanders and Warren would change Social Security
(DBN)

Nixon's DOJ Had Proof the Trumps Were 'Drowning in Evidence' of Racial Discrimination, New Book Says
(DBN)

Commerce Secretary Wilbur Ross falls asleep at UN during Trump speech
(DBN)

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Sovereigns:

The Debt System, A History of Sovereign Debts and their Repudiation
(DBN)

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UK:

Rise in distressed companies puts directors at risk
(DBN)

The Day After Brexit: What a Crash Out of the EU Might Look Like
(DBN)

Boris Johnson told to resign as PM following Supreme Court verdict The UK Supreme Court detonated a bomb under Boris Johnson's premiership while he was 3,500 miles away getting ready to address the UN The public's take on the Supreme Court ruling Boris Johnson Vows to Deliver Brexit After Historic Court Defeat Boris Johnson Better Jump on a Plane Quickly Supreme Court ruling leaves Queen in middle of political storm Boris Johnson Still Defiant on Brexit Boris Johnson: May Suspend Parliament Again Boris Johnson’s Brexit Gamble Is Failing
(DBN)

What caused the collapse of Thomas Cook? Thomas Cook customers in shock over flight prices Rival airlines are hiking prices by as much as 400% after Thomas Cook collapsed Thomas Cook collapse: Airlines accused of hiking prices after company failure Personal injury claims and corporate insolvency A German subsidiary of bankrupt Thomas Cook will be kept alive with a German loan Thomas Cook's Polish business goes into insolvency Thomas Cook's German arm seeks independence through bankruptcy Bulgarian hoteliers seek tax break to survive Thomas Cook bankruptcy Britain to operate 70 flights to bring back people after Thomas Cook collapse Thomas Cook collapse, a reality check for China’s Fosun Did The Internet Kill Thomas Cook ? The Government could have provided a bridging loan to save Thomas Cook Thomas Cook Scandinavian Arm Resumes Flights Thomas Cook bankruptcy: How the iconic travel brand went from transporting anti-liquor protesters in the 1800s to collapsing and stranding 600,000 passengers in 2019 Thomas Cook’s Condor gets US$420mil lifeline from Germany EU says it is in close contact with Germany over Condor loan Hotels across Mediterranean suffer bitter blow from Thomas Cook failure Thomas Cook Would Be ‘Shocked,’ Biographer Says, to See His Travel Agency’s Fall
(DBN)

A third of UK bank branches closed in the last five years
(DBN)

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EU:

The eurozone economy is getting worse
(DBN)

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Turkey:

Lids become a "black market item" in Turkey as inflation worries loom
(DBN)

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India:

Cross-border insolvency framework-related amendments likely in Winter session
(DBN)

RCom CEO steps down to focus on US unit's bankruptcy process
(DBN)

Countdown for India tycoons as debt dagger hangs over stocks
(DBN)

Bank loans contract for second time in two years this August
(DBN)

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MENA:

Saudi bankruptcy law strengthens investor confidence
(DBN)

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BVI:

You have been served - Privy Council confirms extraterritorial effect of liquidator’s undue or fraudulent preference claims
(DBN)

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