February 21, 2020

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Lawyer Mom Guilt And The Modern Family: Stop And Smell The Flowers
(DBN)

Paul Hastings’ Finance and Restructuring Rise Progresses with Bi-Coastal Partner Team
(DBN)

Law Student Found Dead In On-Campus Housing
(DBN)

Law Loses Ground to Medicine, Engineering in Teen Career Goals
(DBN)

Hogan Lovells Revenue, Profit Jump as CEO Immelt Set to Exit
(DBN)

Akin Gump Wants It Both Ways in Fight Over Ex-Lawyer's Conduct
(DBN)

Concordia School of Law Reaches Agreement with New Parent Institution
(DBN)

These Law Schools Are Really Good At The Whole ‘Getting People To Pass The Bar Exam’ Thing
(DBN)

Are There Attorney Ethics Implications for Trump’s Lawyer?
(DBN)

Attorney or Debt Collector? Suit Raises Questions About Lawyers and Billing Disputes
(DBN)

UK: Law firms with the best management: revealed 'Mussolinis' and 'tightwads': lawyers spill on their mid-rated management The seven worst managed firms, as voted by their lawyers
(DBN)

UK: Slater and Gordon culls staff in Birmingham
(DBN)

Mayer Brown promotes diversity - by showing partner shopping
(DBN)

Clifford Chance partner quit law and opened a pizzeria
(DBN)

Senate Republicans Privately Implore White House to Keep Barr Happy Trump tests Barr with more tweets about the Justice Department
(DBN)

Roger Stone sentenced to 40 months in prison in case that roiled Justice Department Roger Stone gets 40-month sentence after Justice Department clashed with prosecution team Judge Rejects ‘Inappropriate’ Interference in Stone Sentencing Strange scenes at Stone's sentencing raise more questions about Barr At Roger Stone's Sentencing, an Apology From the Justice Department Roger Stone sentenced to over three years in prison Roger Stone sentenced to 3 years for lying, witness tampering as case roils DOJ Replacement Prosecutors on Roger Stone Case Unexpectedly Back Initial Sentencing Recommendation Roger Stone sentenced to 3 years for lying, witness tampering as case roils DOJ Judge acknowledges DOJ’s original Roger Stone sentence proposal was excessive Roger Stone greeted by 'Lock him up!' chant after getting 40-month prison sentence Trump, tweeting a Tucker Carlson segment, hints of possible pardon for Roger Stone Trump tweets angry rant as he watches the verdict come down for Roger Stone Jonathan Turley Explains Why He Thinks Barr Was 'Vindicated' by Roger Stone Sentence Roger Stone sentenced to over 3 years in prison as judge slams him for ‘covering up for’ Trump Trump says Roger Stone’s got a ‘good chance of exoneration’ hours after he was sentenced to 40 months At the Justice Department, a cautious sigh of relief as Roger Stone's sentence hits Barr's preferred target
(DBN)

Trump on Roger Stone's Witness Tampering: 'It's Not Like the Tampering I See on Television'
(DBN)

Trump Renews Attack on Justice System, Again Disregarding Barr’s Pleas
(DBN)

‘Bulletproof from a pardon’: Fox News analyst says judge in Stone case just made things tough for Trump
(DBN)

Critics Say White House Plan to Purge DOJ of Mueller-Friendly Elements Is ‘Retaliation and Most Likely Illegal’
(DBN)

Former Trump Aide Sues Billionaire Chinese Mar-a-Lago Member for Defamation
(DBN)

Harvard Law Professor Proposes Severing DOJ from Presidential Control
(DBN)

I Spoke Out Against Sexual Harassment at Uber. The Aftermath Was More Terrifying Than Anything I Faced Before
(DBN)

Harvey Weinstein Jury Wants To Review Testimony From Annabella Sciorra; Day 3 Of Deliberations Ends With No Verdict
(DBN)

WH Assembles Clemency Council as Trump Considers More Pardons
(DBN)

Rod Blagojevich is out of prison thanks to a kind of mercy he rarely showed as governor
(DBN)

Some Tennessee death-row inmates opt for electric chair over lethal injections
(DBN)

Judge: Border Conditions Violate Constitution Arizona migrant detention facilities, where some sleep in bathroom stalls, are unfit for humans, judge rules
(DBN)

'Remain in Mexico' program dwindles as more immigrants are flown to Guatemala or are deported
(DBN)

Town fires only policeman, who turns in his uniform and walks out in his underwear
(DBN)

Court Strikes Down Mississippi Abortion Law
(DBN)

Lawyer who withdrew cash from trust account with ATM card gets suspended
(DBN)

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Judges:

5th Circuit withdraws opinion in which Trump appointee criticized lawyer for appeal to gay bias
(DBN)

Did A Federal Court Just Throw Shade At Donald Trump?
(DBN)

Reinhardt Clerks Call for ‘Bold Steps’ to Prevent Sex Harassment
(DBN)

Case against Gwinnett judge ends in jury deadlock, mistrial
(DBN)

Ex-Arkansas Judge Suspended for Not Filing State Taxes
(DBN)

RBG's Remarks on Equal Rights Amendment Are Used Against Advocates in Court
(DBN)

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Wall Street:

Dow futures fall 90 points as confirmed coronavirus cases jump
(DBN)

European stocks fall as investors focus on coronavirus; Renault down 2.8%
(DBN)

Expect more sell-offs without good news on the coronavirus, Jim Cramer says
(DBN)

Dow falls more than 100 points after suffering a sudden midday sell-off that confused traders
(DBN)

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Layoffs:

Los Angeles Times is offering buyouts to staffers with at least two years of employment
(DBN)

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Healthcare:

Healthcare network Hygea files for bankruptcy
(DBN)

Court approves sale of six Absolut nursing facilities
(DBN)

California hospital company leaves WV holding the bag
(DBN)

Judge removes CEO of firm that owns St. Louis hospital
(DBN)

Early trial results for coronavirus treatments expected in 3 weeks, WHO says Coronavirus live updates: Outbreak in Chinese prisons, South Korea cases exceed 200 Virus Epidemic Enters New Phase as Cases Outside China Multiply Coronavirus cases outside China remain low, but WHO warns of potential breakout Japan creates task force to address coronavirus impact on auto industry FBI orders hand sanitizer and face masks in case of a coronavirus pandemic in US Buses carrying coronavirus evacuees attacked by protesters in Ukraine Social media reacts to reports of 1MDB fugitive Jho Low hiding in Wuhan Singapore has buffer to help economy if virus outbreak drags on, minister says Amazon tells sellers it will take down products that claim to kill coronavirus Asian Traders Bracing for Further Volatility as Virus Spreads Pain for Asian Banks Is Just Starting as Virus Batters Loans Asia’s Big Economies Are Already Feeling the Coronavirus Impact Thousands in US are in voluntary quarantine to avoid passing on killer virus Confusion mounts over China's counting methods as coronavirus numbers swing wildly Coronavirus-infected Americans flown home against CDC's advice In South Korea, an Opaque Sect Draws Scrutiny With Virus Spike Philippines Will Repatriate 480 Citizens From Virus-Hit Ship
(DBN)

50 million Americans have helped crowdfund someone’s medical bills
(DBN)

Hahnemann University Hospital’s owners agree to buy ‘tail insurance’ for former residents
(DBN)

Medicare-for-All Threatens Jobs in State Vital to 2020 Democrats
(DBN)

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Food/Beverage:

Pizza Hut’s largest US franchisee is reportedly weighing options, including bankruptcy Largest U.S. Pizza Hut Franchisee Could Choose Bankruptcy
(DBN)

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Crypto:

Insolvent Exchange FCoin Had Bitcoin Outflow Problems Just Two Months After Launch: Report
(DBN)

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Cannabis:

This Pot Stock Could Go Bankrupt in 2020
(DBN)

____________

Agribusiness:

China could purchase much less U.S. farm product than thought, new USDA estimate suggests
(DBN)

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Banking:

Wells Fargo said to near deal around US$3B to end probes
(DBN)

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Economy:

Philly Fed Manufacturing Suggests Activity Increased in February
(DBN)

The Fed may be setting the table for 2020 rate cuts
(DBN)

Weekly Initial Unemployment Claims Increase to 210,000
(DBN)

Treasury yields move lower as coronavirus concerns grow
(DBN)

Truth About Inequality in America Today
(DBN)

The complicated truth behind Trump’s ‘American comeback'
(DBN)

Krugman: Warren, Bloomberg and What Really Matters
(DBN)

'Fiscal hawks' now endangered as US shrugs at debt
(DBN)

Trump Administration Sees No Threat to Economy From Monopolies
(DBN)

Minimum wage increases aren’t a job killer: Small business survey
(DBN)

Americans are fleeing the most expensive US cities—here’s where they’re going
(DBN)

America’s manufacturing recession looks like it could be over
(DBN)

Mulvaney says U.S. is ‘desperate’ for more legal immigrants
(DBN)

Mulvaney Points Out GOP Deficit Hypocrisy
(DBN)

In America’s Richest Town, $500k a Year Is Now Below Average
(DBN)

Real pay data show Trump’s ‘blue collar boom’ is more of a bust for US workers, in 3 charts
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

Phoenix Real Estate in January: Sales up 18.1% YoY, Active Inventory Down 38.9% YoY
(DBN)

CAR on California January Housing: Sales up 10.3% YoY, Inventory down 26.9%
(DBN)

National Mortgage Delinquency Rate Decreased in January, Lowest Level on Record
(DBN)

Mortgage rates hold steady despite strong economic reports
(DBN)

AIA: "Architecture billings continue growth into 2020"
(DBN)

Housing Starts decreased to 1.567 Million Annual Rate in January
(DBN)

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

Austin: World Class prepares to sell first properties out of bankruptcy
(DBN)

____________

Oil/Gas:

Bankruptcy risks rise for US shale
(DBN)

Why is an E&P recovery slow to materialize?
(DBN)

Oil’s Recovery Rally Sputters in Face of Renewed Virus Concern
(DBN)

____________

Politics:

Trump Has Now Shifted $1.9 Million From Campaign Donors To His Business
(DBN)

Gallup: Trump Job Approval Steady at 49% Poll of Polls: President Trump Job Approval: 46%
(DBN)

Black activist group gives its first presidential endorsement to Elizabeth Warren
(DBN)

Elizabeth Warren buys ad slamming Sheldon Adelson in his own newspaper
(DBN)

Warren's next challenge: Maintain post-debate momentum
(DBN)

Warren reverses her position on super PAC support as she seeks comeback
(DBN)

Warren, Sanders Report Highest Debate Day Contributions Yet
(DBN)

Harry Reid says Sanders needs more than plurality to win Democratic nomination With field still fluid, Democrats prepare for potential of contested convention
(DBN)

Elizabeth Warren Took Bloomberg To Law School In The Most Horrifying Way Possible Warren's takedown of Bloomberg goes viral
(DBN)

Former Skeptics Now Warning of Brokered Convention 'Nightmare'
(DBN)

Cramer on the debate: Wealth was ‘under fire’ as Sanders sounded communist
(DBN)

The 11 Criminals Granted Clemency by Trump Had One Thing in Common: Connections
(DBN)

Mike Bloomberg gets hammered in betting markets after debate flop Bloomberg's rough debut After Fiery Debate, Bloomberg Seeks Reset Before Super Tuesday Wounded but defiant, Bloomberg promises to keep fighting Bloomberg Plotting Brokered Convention Who Said It: Mike Bloomberg or Donald Trump? Bloomberg struggles to respond to politics of #MeToo era Warren wants Bloomberg to release women from nondisclosure agreements. It's not that simple. Fact-checking the ninth Democratic debate Trump savoring scrambled Dem race, Bloomberg's debate debut One Mike Bloomberg spent $340 million on carefully polished ads. The other Mike Bloomberg stepped onstage in Wednesday's debate For his first debate, Mike Bloomberg wore a nice suit and a look of boredom
(DBN)

NBC News And MSNBC Break Ratings Record Again with The Most-Watched Democratic Debate Ever
(DBN)

Trump Replaced Acting DNI with ‘Gold-Level’ Trump Hotel Member After House Was Briefed on Russia Threat: Report Why Trump Fired DNI Head Maguire Sure, Mr. President: Appoint a radically unqualified person to run the entire intelligence community
(DBN)

Russia Backs Trump’s Re-election, and He Fears Democrats Will Exploit Its Support US Intelligence Warned House Russia Working to Reelect Trump Former CIA Director John Brennan says 'we are now in a full-blown national security crisis' Trump set off by intelligence assertion that Russia favors him
(DBN)

Unlikely voters say they'll vote in 2020. Who will that benefit?
(DBN)

Can Non-Voters Swing the 2020 Election
(DBN)

Melting Pot Nevada May Shape Democratic Race
(DBN)

Donald Trump wants to pay us hush money to keep silent about his abuse of power
(DBN)

Susan Rice to Bolton's Face: You're Shameful
(DBN)

Federal judge deems Wake County candidate, husband, "not credible" in satellite TV bankruptcy case
(DBN)

____________

Climate:

How Warming Winters Are Affecting Everything It’s the Warmest Winter Ever and It's the North Pole’s Fault
(DBN)

Big Oil Fights Climate Policy in States
(DBN)

1.5 billion tons of water evaporates from the Colorado River Climate change has stolen more than a billion tons of water from the West's most vital river
(DBN)

JP Morgan Warns of Catastrophic Climate Shift
(DBN)

Once an afterthought, climate change emerges as key issue in Democratic primaries
(DBN)

Wall Street Has a $1 Trillion Climate Risk
(DBN)

Even Billions From Bezos Won’t Solve Climate Change
(DBN)

____________

Travel:

What If Airlines’ Dogma That Travelers Won’t Pay More For Additional Leg Room Is Wrong?
(DBN)

How to survive 12 hours on a plane
(DBN)

____________

Taxis:

Hedge Fund Buying Up NYC Taxi Medallions
(DBN)

New York Ordered To Pay $810 Million To Debt-ridden Taxi Drivers
(DBN)

____________

Fraud:

Little Leagues across the country are dropping the Astros nickname after the cheating scandal
(DBN)

____________

Newspapers:

Why McClatchy Newspapers went under, and other local newspapers will too
(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 (15 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (2 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 Reform:

New Bankruptcy Law May Increase Small Business Filings
(DBN)

The Small Business Reorganization Act
(DBN)

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Venue:

Attorneys General Support Bankruptcy Venue Reform Act of 2019
(DBN)

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Tax:

ACA Penalty Isn't A Tax In Bankruptcy Cases, 5th Circ. Says
(DBN)

____________

Proofs of Claim:

Court Holds Filing of Proof of Claim Results in Waiver of Right to Jury Trial Despite Claimants’ Purported Reservation of Rights
(DBN)

____________

Aviation:

The Boeing Debacle
(DBN)

Coronavirus to cost airlines more than $29 billion in revenue this year
(DBN)

What Led To Its Bankruptcy: Primera Air
(DBN)

Boeing Failure to Fix 737 Max Cockpit Light May Draw FAA Penalty
(DBN)

____________

Retailing:

Inside The Courtroom: Pier 1 Files Bankruptcy in Richmond
(DBN)

Christopher & Banks, RTW top S&P list of most vulnerable retailers
(DBN)

Gap is the latest retailer to try to fix its business by selling secondhand clothes
(DBN)

Sears snags new financial lifeline as losses continue
(DBN)

Laura Ashley’s first-half loss widens
(DBN)

____________

Mass Torts:

Why the Boy Scouts of America filed for bankruptcy
(DBN)

Boy Scouts’ bankruptcy plan follows similar path as USA Gymnastics and Catholic diocese
(DBN)

Amid bankruptcy filing, Delaware Valley-area Scout council says ‘business as usual’
(DBN)

Boy Scouts Bankruptcy Will Put Deadline And Dollar Sign On Abuse Claims
(DBN)

University of Michigan apologizes to 'anyone who was harmed' by late doctor as another accuser steps forward
(DBN)

Filing Date for Latent Asbestos Claimants Found Not to Violate Due Process in Reorganization Plan
(DBN)

____________

Agribusiness:

Plague of locusts threatens economies as UN sounds alarm
(DBN)

____________

Religion:

Diocese of Ogdensburg explores option of bankruptcy protection As diocese considers bankruptcy, what does it mean for local parishes?
(DBN)

Harrisburg Catholic Diocese bankruptcy likely to have little impact on parishes, schools but could have to contribute financially to abuse claims Harrisburg Diocese bankruptcy: What it means Harrisburg diocese bankruptcy could tap into parish assets First hearing scheduled in Harrisburg Catholic diocese bankruptcy case Another Abusive Catholic Diocese Seeks Bankruptcy
(DBN)

Fortney family speaks out, after Harrisburg Diocese files for bankruptcy Clergy sex abuse survivors on Diocese bankruptcy: ‘Stop fighting against what victims need’
(DBN)

Diocese of Scranton says they are not considering bankruptcy Bambera: No bankruptcy for Scranton Diocese
(DBN)

____________

Student Debt:

Getting Rid of Student Debt in Bankruptcy is Tough. A New Company Wants to Change That
(DBN)

For student borrowers, confusion anew in the public-service loan-forgiveness program
(DBN)

____________

Coal:

America’s Coal Country Isn’t Dead — It’s Preparing for a Comeback
(DBN)

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UK:

Johnson Gets Early Vote of Economic Confidence From U.K. Data
(DBN)

Proposed changes to pension law that will challenge restructuring
(DBN)

____________

EU:

Economic Activity Jumps to Six-Month High in the Euro Zone 
(DBN)

____________

Canada:

Debtor and Creditor Bring Competing CCAA and Receivership Applications, NL Court Dismisses Both
(DBN)

These are the retailers closing in Canada or facing bankruptcy in 2020
(DBN)

Why are so many big retail stores closing? Experts weigh in
(DBN)

Did Huawei bring down Nortel? Corporate espionage, theft, and the parallel rise and fall of two telecom giants
(DBN)

____________

Romania:

Number of Romanian firms filing for insolvency down 22% in 2019
(DBN)

____________

India:

Bankruptcy boom: India added three insolvency professionals and four valuers a day
(DBN)

After resolution of big steel cases, banks expect low recoveries from IBC
(DBN)

US-India trade deal difficult but not impossible, former Indian ambassador says
(DBN)

Jet Airways Expression Of Interest Deadline Extended Again
(DBN)

____________

China:

China stocks rise as Beijing says work resumption is speeding up
(DBN)

China's New Car Sales Fall 92% in February
(DBN)

Half of China’s Shopping Malls Are Still Shut
(DBN)

Growth of China’s High-Tech Industries Slump to Record Low
(DBN)

Chinese Markets Act Like There’s Little Risk Left From Virus
(DBN)

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