September 26, 2019

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Average Attorney Salary Might Surprise New Lawyers (And Judges’ Average Earnings Are Even Lower)
(DBN)

‘Go Home, Sober Up’: Federal Judge Offers Advice For Lawyers On Trump Tax Case Federal Judge Delays New York Subpoena of Trump Taxes 'Go Home, Sober Up, Decompress:' US Judge Stays Trump Tax Subpoena Another Day
(DBN)

King & Spalding Can’t Use Ethics Professor’s Expert Testimony in Suit By Associate
(DBN)

Lawyers duel with bankrupt ex-client in $54M malpractice fight
(DBN)

Evolving From Junior Partner to Rainmaker
(DBN)

5 Law Firms Crack Working Mother Top 100 Companies List Working Mother’s list of 100 best companies includes these 5 law firms
(DBN)

Grand Openings: Where U.S. Law Firms Are Setting Up Abroad
(DBN)

More Change at the Top for Jenner & Block as Firm Names Co-Managing Partners
(DBN)

LeClairRyan, Lender Clash Over Converting Defunct Firm's Bankruptcy to Chapter 7
(DBN)

Dentons boosts London insolvency practice
(DBN)

Step Out Of Line, Ladies — And Start A Law Firm
(DBN)

11 Senate Republicans voted to block Trump’s border wall emergency declaration
(DBN)

Roger Stone barred from contesting Russian role in hacking Democratic emails in 2016 Roger Stone Judge Won’t Let Defense Tie Case to Russian Hackers
(DBN)

Three lawyers are among this year’s MacArthur Foundation ‘genius grant’ winners
(DBN)

Cat Lawyer Is Real And He Is Everything Right Now
(DBN)

The Judge Seems Unimpressed
(DBN)

What's A Lawyer Now? Law's Shift From Practice To Skill
(DBN)

I'm a busy lawyer who hired a 'wife' — and that's when my career took off
(DBN)

Three LGBTQ Cases Are Set to Put the Supreme Court's Conservative Principles on Trial
(DBN)

Police say elderly woman killed her disabled grandson over concerns he wouldn't have a caretaker after she dies
(DBN)

California man who set sleeping homeless man on fire and took pictures held for $1 million bail
(DBN)

Ex-Dallas officer Amber Guyger missed signs before shooting neighbor, prosecutor says Texas investigator says Dallas off-duty officer didn't commit crime in shooting that killed neighbor; jury not present
(DBN)

BigLaw Husband of Trump adviser Kellyanne Conway says Republicans could flip on president during impeachment process
(DBN)

A college student died in his dorm room. It took almost two months for anyone to notice.
(DBN)

U.S. announces deal with Honduras, could send asylum migrants to one of world's most violent nations
(DBN)

Judge stays order for Trump to testify about 2015 fight between his security guards and protesters
(DBN)

Tesla police car nearly runs out of power during car chase in California
(DBN)

Cosby Ordered to Pay Quinn Emanuel $2.7M in Fee Dispute
(DBN)

Houston Lawyer Alleges Partner Made Firm Her 'Personal Piggy Bank'
(DBN)

Alex Jones, Sandy Hook Families Prepare for High Court Oral Arguments High Profile Alex Jones Sues The Young Turks: They 'Told the World' I Sent Child P--- to Sandy Hook Parents
(DBN)

A License for Outrageous Police Conduct
(DBN)

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Judges:

Bankruptcy Judge Opportunity - District of Idaho - Boise
(DBN)

This Judge’s Reaction When She Hears What This Prosecutor Did…
(DBN)

Chief Justice Roberts laments having to do Congress' job
(DBN)

O’Connor Recalled as Collegial While Sotomayor Working On It
(DBN)

Politics Has No Place at the Supreme Court, Chief Justice Roberts Says His Supreme Court divided like the country, Chief Justice John Roberts prepares for outsized role as umpire Chief Justice Roberts touts nonpartisan Supreme Court as impeachment battle begins Chief Justice John Roberts: Calling Supreme Court politicized is a 'misperception'
(DBN)

NY and Legal Aid Lawyers File Lawsuit Against ICE Over Immigrant Arrests at Courthouses AG James, DA Gonzalez, And The Legal Aid Society Seek To Halt ICE Arrests In Courthouses
(DBN)

How Well Do You Know The Supreme Court Line Of Succession?
(DBN)

Judges Policing Judges: True Disciplinary Actions Are Rare
(DBN)

Ex-Texas Judge to Spend 5 Years in Prison for Accepting Bribes Texas Judge Sentenced for Taking Bribes Texas Attorney Who Bribed Judge Gets Two Years' Imprisonment
(DBN)

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Wall Street:

US futures point to a higher open on Wall Street
(DBN)

US stocks finish higher in their best day in 2 weeks
(DBN)

Wall Street believes Trump is safe, but worry impeachment inquiry could hinder trade deals Impeachment is the latest risk for markets on edge over trade, growth
(DBN)

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Layoffs:

WeWork is reportedly unlikely to go public this year — and thousands of layoffs could be coming
(DBN)

Continental to Cut Jobs, Close Factories
(DBN)

AI equal with human experts in medical diagnosis, study finds
(DBN)

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Politics:

Whistleblower alleges Trump White House moved records onto separate network: report
(DBN)

Warren is surging ahead of Biden and starting to look like the 2020 Democratic frontrunner Polls show Warren surging in early 2020 primary states Senator Elizabeth Warren's net worth revealed as the 2020 Presidential Election heats up Fears of a Warren presidency are rising among stock-market investors, survey shows
(DBN)

Trump just released a memo of his call with the Ukrainian president, which sparked an impeachment inquiry The White House will release a redacted version of the whistleblower’s complaint after all Whistleblower complaint against Trump declassified, could be released Thursday Five Key Takeaways From Trump’s Call to Ukraine’s Zelenskiy Some Trump advisers think Ukraine memo release was a mistake The Three Favors Trump Asked the Ukrainian President in New Transcript There’s Plenty of Impeachment-Worthy Evidence in the Ukraine Call Transcript Trump’s thin rationale on Ukraine aid The Trump-Ukraine “transcript,” explained 'Nobody pushed me': Ukraine's president at photo-op with Trump on transcript Trump's call with Ukraine's president includes a key promise; but it might not be the one you think Trump asked Ukraine president in phone call ‘if you can look into’ Biden and his son Trump repeatedly asked Ukraine’s president to ‘look into’ Biden and son, call summary shows ‘Do Us a Favor’: Trump Wanted Barr, Giuliani to Help Ukraine Investigate Biden The strange career of Rudy Giuliani, from US attorney to Trump bag man, explained Giuliani Hunted Corruption. Now the Legal Peril May Be His Own Giuliani ran shadowy Ukraine policy, sidelining and alarming officials Memo: Trump asked Ukraine to work with Giuliani, Barr to investigate Biden The timeline of Trump’s decision to withhold aid to Ukraine is increasingly suspicious Sen. Jeanne Shaheen calls on Giuliani to testify about his role in Ukraine issue Trump-Ukraine call was referred to DOJ for possible campaign finance violation Senate Republicans split over Trump urging Ukrainian leader to investigate Ukraine's President Was 'Very Confused' Over Whether He Should Listen to 'U.S. Embassy' or Trump's Campaign, Senator Says Biden Whistleblower complaint to be turned over to House and Senate Intel U.S. lawmakers to review whistleblower complaint on Wednesday -official For Ukraine's leader, Trump memo on their call is a diplomatic car crash
(DBN)

President Donald Trump Goes Full ‘Reynolds Pamphlet,’ Releasing Detailed Notes Of Wrongdoing
(DBN)

Trump: I Don't View Pelosi as Leader of House
(DBN)

National intelligence leader threatened to resign if he couldn't talk to Congress freely Acting intelligence director denies he threatened to resign if he was stopped from testifying
(DBN)

Krugman: The Winners and Losers of the Latest Trump Scandal
(DBN)

Sasse: Foreign Involvement in U.S. Elections Is ‘Really, Really Bad’
(DBN)

Investors are betting on a Clinton-like market rally if House impeaches Trump
(DBN)

Trump on Clinton's deleted emails: 'I think they could be' in Ukraine What Is CrowdStrike? Trump Mentioned the Company in His Ukraine Call
(DBN)

Here’s What Happened With The Bidens And Ukraine The Biden Ukraine Story is Old
(DBN)

Trump tried to negotiate with Pelosi on the whistleblower complaint after she announced an impeachment inquiry. Pelosi told him to take a hike New Poll Shows Majority of Americans Support Trump Where Is Congress on Impeachment? Impeachment if President Suspended Ukraine Aid Over Biden Inquiry Pelosi tells Trump: 'You have come into my wheelhouse' Pelosi's impeachment decision sets up an epic constitutional battle - and a personal one Pelosi: Trump-Ukraine memo confirms need for impeachment inquiry "A classic Mafia-like shakedown": Schiff reacts to Trump-Ukraine call Pelosi privately urges narrow Trump impeachment probe focused on Ukraine Schiff: Trump's public statements are "damning enough" for impeachment All You (and Trump) Should Know About Impeachment Trump impeachment odds skyrocket to 62% on popular betting website The stock market's performance during the last US impeachment inquiry suggests investor fears may be overblown Here is a timeline of the Ukraine events that led to the Trump impeachment inquiry How the ground shifted on Trump impeachment 2020 Democratic Candidates React To President Trump Impeachment Inquiry What an Impeachment Would Look Like By Calling Impeachment Proceedings a 'Witch Hunt,' Trump Ignites the Right 9 things everyone should know about the impeachment process The Big Impeachment Question: Is This 1974 or 1998? Pelosi's 'foregone conclusion' problem on impeachment Michael Bloomberg says voters should decide Trump's fate Impeaching Trump Will Backfire Are Senate Republicans circling the wagons? Not so much.
(DBN)

Why the impeachment inquiry into President Trump and a brutal 2020 election could cost American companies billions
(DBN)

Harvard Constitutional Law Scholar: It's Clear Trump Committed a 'Multitude of High Crimes and Misdemeanors'
(DBN)

Trump's actions with Ukraine epitomize framers' idea of impeachable offense, scholars say
(DBN)

White House mistakenly sends Trump-Ukraine talking points to Democrats
(DBN)

Ukraine president's efforts to flatter Trump on display in July phone call
(DBN)

19 federal officials have been impeached in US history — here are the craziest reasons why
(DBN)

'Shut up': Rudy Giuliani loses cool, trades insults on Fox News
(DBN)

Charts: America’s Political Divide, 1994–2017
(DBN)

Cindy McCain: Not the GOP Party I Knew
(DBN)

'Ice in Veins' Mitch Steers GOP Through Crisis
(DBN)

____________

Healthcare:

Employer health plans are getting pricier and skimpier
(DBN)

____________

Resorts:

Hermitage bankruptcy trustee seeks more time to review contracts
(DBN)

____________

Economy:

Fed's James Bullard wanted a bigger rate cut. He still does: 'Use your tools while you have them.'
(DBN)

Evans Says Rate Cuts Position the Fed to See How Things Play Out
(DBN)

US Inequality at Highest Point in Over 50 Yrs
(DBN)

The Global Retreat of Free Trade
(DBN)

Global recession a serious danger in 2020, says UN
(DBN)

Nobel Laureate Spence Says Global Recession a 'Distinct Possibility'
(DBN)

US economy will stop short of a recession but stall in late 2020
(DBN)

Recession Poll: Overwhelming Majority of Businesses Don't See One Soon
(DBN)

Consumer confidence tumbles, but remains historically high
(DBN)

Factory Jobs are Again Shrinking in Midwest
(DBN)

Former Fed Official Kocherlakota Signals Concern for Repo Market
(DBN)

President Trump has praised negative interest rates in Europe — could they happen in the US?
(DBN)

US-China trade war pushes global exports into contraction China has made deals to buy U.S. soybeans, pork, says Beijing source China tells US it won’t 'play the Game of Thrones on the world stage' Chinese Meddling In U.S. Election? If You Count Trade-War Efforts, Then Yes Jamie Dimon says US trade deal with China ‘unlikely’ before 2020 election China Rejects Trump Trade Criticism, Says President Must Be Aware of 'Bullying and Suppression' A Mysterious Pencil Factory Sharpens Focus On Tariff Scams Ports voice trade war “chaos” concerns Trump says trade deal with China could happen sooner than people think UN chief warns of a world divided between US and China
(DBN)

Impeachment inquiry threatens to overtake Capitol, upend trade and spending talks The impeachment inquiry into Trump has rattled global markets and poses 'a serious setback' to resolving the trade war
(DBN)

U.S. can sanction nearly US$8 billion of EU goods over Airbus aid EU is reportedly considering tariffs on $4 billion US exports to combat Trump's dispute Trump's tariffs might make your cheese more expensive
(DBN)

Trump's Threatened Tariffs on Hold After Deal With Mexico
(DBN)

The Fed just confirmed raising the minimum wage doesn’t immediately kill jobs
(DBN)

The 20 US cities everyone is moving away from
(DBN)

35% of millennials say paying off their student debt is a more significant life milestone than buying a home or starting a family, new study shows
(DBN)

Bulgarian economist selected as new leader of IMF
(DBN)

Make under $35,500 a year? You may be owed mandatory overtime pay soon New overtime rules a 'win for corporate executives,' economists say
(DBN)

Trump administration rule may end free school lunches for about 500,000 children
(DBN)

Visualizing the Importance of Services in the World's Economy
(DBN)

The States Americans Are Fleeing the Fastest
(DBN)

"Chemical Activity Barometer Rises in September"
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

The 10 US cities most vulnerable to a housing downturn when the next recession happens
(DBN)

There are precious few places in America where the average worker can afford a median-priced home
(DBN)

US new home sales increase more than expected in August New Home Sales increased to 713,000 Annual Rate in August Sales of U.S. new homes rise more than forecast as rates fall A few Comments on August New Home Sales
(DBN)

Zillow Case-Shiller Forecast: Slower YoY Price Gains in August compared to July
(DBN)

Lease of faith: Why churches are going into malls
(DBN)

Ditech Holding Corporation Receives Court Approval for Sale of Assets
(DBN)

Embattled Costa Hollywood Resort files for bankruptcy
(DBN)

If WeWork Retreats, What Happens to Manhattan's Office Market?
(DBN)

Priciest Properties Make Up Record Share of U.S. New-Home Sales
(DBN)

____________

Oil/Gas:

How the U.S. oil boom echoes through the economy
(DBN)

You’re Footing The Bill For Bankrupt Shale Drillers
(DBN)

US Shale Won’t Go Bankrupt
(DBN)

The Decline in Permian Basin Output
(DBN)

Gas Flare Hiccups Are Biggest Methane Offender, Satellites Show
(DBN)

Halcon Announces Court Confirmation of Prepackaged Plan of Reorganization
(DBN)

____________

E-Cigarettes:

Juul to replace CEO, accept proposed ban on most flavored vaping products
(DBN)

Tenth patient dies from vaping-related illness
(DBN)

Imperial Brands plunges on profit warning as U.S. vaping crisis deepens
(DBN)

____________

Climate:

Goldman Sachs released a 34-page analysis of the effects of climate change. And the results are terrifying.
(DBN)

Scientists: humans are rapidly turning oceans into warm, acidifying basins hostile to life
(DBN)

Major climate report says rapid ocean warming is causing ‘heatwaves,’ hurting fishing industry Sweeping and Severe: IPCC Oceans Report Warns of Huge Consequences of Climate Change for 'Nature and Humanity'
(DBN)

‘There’s no scenario that stops sea level rise in this century,’ dire U.N. climate report warns
(DBN)

The Rising Cost of Bread Will be a Harbinger for Climate Change
(DBN)

A survey asked 1,000 CEOs how they felt about their work on the environment, and most of them gave the same answer: not that great
(DBN)

A glacier in the Alps might collapse, thanks to global warming, officials say
(DBN)

U.S Lobby Groups 'Dominate' List of Most Effective Climate Change Action Blockers: 'These Trade Groups Continue to Frustrate Progress'
(DBN)

Trump Administration: 'There Is Not a Climate Crisis'
(DBN)

____________

Aviation:

Boeing Reaches First Settlements With Lion Air Crash Victims
(DBN)

____________

Travel:

The collapse of a travel firm hits tourist hot spots hard — just ask Iceland
(DBN)

Why Thomas Cook’s sudden collapse would be financially catastrophic for customers if it happened in the U.S.
(DBN)

A Patchwork of Laws Protect European Travelers. Fewer Exist for North Americans.
(DBN)

____________

Agribusiness:

American Farmers Are Main Winners from U.S.-Japan Trade Agreement
(DBN)

African American farmer’s legal battle to save his family farm is focus of ‘Catfish Dream’
(DBN)

____________

Utilities:

PG&E noteholders ready to invest $29.2 billion as part of reorganization plan
(DBN)

PG&E Cuts Power to 48K California Customers to Avert Wildfire Risk
(DBN)

____________

Student Debt:

Education Department says fewer people are defaulting on federal loans
(DBN)

____________

Coal:

Peabody Energy: Failed Debt Refinancing Further Pressures Share Buybacks
(DBN)

Critics warn Trump EPA’s coal-ash plan will let polluters off the hook
(DBN)

____________

Education:

Tiny, financially troubled San Diego Christian College eyes major growth
(DBN)

____________

Debt Collection:

House Financial Services Committee Hearing Today: Examining Legislation to Protect Consumers and Small Business Owners from Abusive Debt Collection Practices
(DBN)

____________

Mail:

Global Postal Union Reaches New Deal
(DBN)

____________

New Bankruptcy Opinions
(11 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (13 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (4 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)

______________

Professional Fees:

Bankruptcy Court Disallows Secured Lender’s Post- Petition Legal Fees for “policing” Chapter 11 Case
(DBN)

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Bankruptcy Reform:

Congress Expands Chapter 11 Relief For Individuals Operating Small Businesses While Also Helping Preference Recipients
(DBN)

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Critical Vendors:

All Aboard! Navigating the Choppy Waters of the Critical Vendor Doctrine
(DBN)

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Retailing:

Economy, tariffs cloud retail outlook as 4Q approaches
(DBN)

Lululemon set to wind down Ivivva kids business, to close 7 remaining stores
(DBN)

Retail's climate change moment
(DBN)

Forever 21 to pull out of Japan by late October
(DBN)

____________

Credit Reporting:

Bernie Sanders wants to overhaul the nation’s credit reporting system. Here’s how
(DBN)

____________

Food/Beverage:

Court OKs Landry’s $37.2M bid for Restaurants Unlimited
(DBN)

Terra's Kitchen ceases operations, files for Chapter 7 bankruptcy protection Baltimore-based meal kit company Terra’s Kitchen files for bankruptcy
(DBN)

New York company buys Kona Grill Second time's the charm: Kona Grill sale approved
(DBN)

Peter Kelly Files Bankruptcy For Restaurants, Self
(DBN)

Several objections to NORPAC sale procedures dropped
(DBN)

____________

Pharma:

Drug companies mount final arguments before landmark opioid trial
(DBN)

Congressional Report: The US Pays Nearly 4 Times More for Drugs
(DBN)

Lone Mallinckrodt Bull Undaunted After Share Price Tumbles 94%
(DBN)

Report: Opioids Settlement Won’t Fix Areas Hardest Hit
(DBN)

Amryt buys Aegerion via bankruptcy, adding sales to support R&D
(DBN)

____________

Healthcare:

Wiping out medical debt would be a lot harder than Bernie Sanders makes it sound
(DBN)

A closer look at infant mortality in two of the most impoverished U.S. regions
(DBN)

Voters Back Medicare Expansion: Poll
(DBN)

We Reported on a Nonprofit Hospital System That Sues Poor Patients. It Just Freed Thousands From Debt.
(DBN)

Health Insurance Costs Surpass $20,000 Per Year, Hitting A Record
(DBN)

Employer-based coverage is unaffordable for low-wage workers
(DBN)

The silent decline of the employer health care market
(DBN)

7 in 10 parents admit to sending sick kids to school, but they have 3 good reasons why
(DBN)

____________

Fraud:

Danske Bank: Ex-chief caught up in fraud probe found dead
(DBN)

House Bill Would Make It Easier To Recoup Money From Fraudsters
(DBN)

FTC Sues Match.com for Fraudulent Ads
(DBN)

Cochran's attorney asks for stay of bankruptcy case
(DBN)

____________

Corporate Governance:

New Corporate Board Procedures Advisable to Satisfy Duty of Oversight
(DBN)

It's a time of reckoning for unicorn CEOs
(DBN)

One Bright Spot in the WeWork Debacle: Turns Out Investors Actually Care About Corporate Governance
(DBN)

Bank of America CEO Says His Company Has to Both Make Profit and ‘Take a Stand’
(DBN)

____________

Autos:

Noticeable August auto default rise happens again
(DBN)

GM, UAW Making Progress in Negotiations
(DBN)

____________

Banking:

Houlihan Lokey: The Bank To Buy In A Recession
(DBN)

____________

Religion:

He Sued Over a Priest’s Abuse. Then the Diocese Filed for Bankruptcy
(DBN)

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Health and Wellness:

GNC Weighs Debt Refinancing Options as Maturities Loom
(DBN)

____________

UK:

Collective redundancies following insolvency – back in the spotlight
(DBN)

The court confirms that landlords have the right to forfeit a lease if its tenant enters a CVA. What practical impact does this have on landlord claims?
(DBN)

Fires Of Brexit Consume Another $1.7B, This Time Banco Santander’s
(DBN)

Boris Johnson gave a deeply bizarre speech about 'limbless chickens,' 'pink-eyed terminators,' and evil Alexa
(DBN)

The Impact of the UK Supreme Court’s Brexit Ruling Will Be Felt for Centuries
(DBN)

'Boris bus' maker Wrightbus collapse leaves 1,200 redundant
(DBN)

Sainsbury's to close 60 Argos stores to cut costs
(DBN)

Thomas Cook’s Lenders Face Lengthy Wait For Tiny Payout FRC considers Thomas Cook probe UK to repatriate 16,000 people on fourth day of Thomas Cook collapse Thomas Cook guests continue to claim they're 'held hostage' at hotels Thomas Cook collapse to cost Morocco hotels $20 million: tourism body Hotels ‘suspicious and angry’ about millions owed by Thomas Cook Failure To Adapt To The Internet Cooked Thomas Cook Unions denounce Thomas Cook collapse as ‘national scandal’
(DBN)

British Parliament reconvenes after court rules Boris Johnson unlawfully suspended it An unrepentant Boris Johnson faces raucous Parliament Boris Johnson comes out fighting, demands a Brexit election
(DBN)

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EU:

Europe’s funds are hunkering down in bonds for coming recession
(DBN)

____________

PIIGS:

Greece's new prime minister wants to turn the country around
(DBN)

____________

China:

China harvesting organs of Muslims, tribunal tells UN
(DBN)

____________

Argentina:

Argentina's Fernandez would seek 'friendly' negotiations with creditors if elected: adviser
(DBN)

IMF’s Lipton Says Relationship With Argentina ‘May Have to Wait’
(DBN)

____________

India:

Distressed deals, consolidation driving large M&A deals in India: Bain & Co
(DBN)

Jet Airways crisis: Disburse lifeline funds in the next 15 days, NCLT tells lenders
(DBN)

Powerful group of US CEOs meet Modi, raise concerns with growth in India
(DBN)

____________

Croatia:

Croatian court drops bankruptcy proceedings against 3. Maj shipyard
(DBN)

____________

China:

China’s economic growth may be looking at another rough quarter
(DBN)

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