January 13, 2020

The Daily Bankruptcy News

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Law:

The Life-Changing Magic Of Tidying Up Your Office
(DBN)

M&A Market Strong But Lawyers Warn of 2020 Headwind
(DBN)

Do You Really Know Everything About That Lateral Hire?
(DBN)

Law School Settles Lawsuit Over Unequal Pay… Again.
(DBN)

Law Schools Weigh In With Collective ‘Meh’ On New US News Rankings
(DBN)

Ranking The 10 Law Schools On The Rise That Probably Aren’t On The Rise
(DBN)

George Conway Puts Trump’s Iraq Policy In Terms Law School Grads Can Understand
(DBN)

Law School Graduates Really Don’t Think Their Degree Is Worth The Money
(DBN)

Don’t Let The Law Suck Out Your Soul
(DBN)

Trump suffered a key loss in a defamation case brought by the columnist who accused him of rape NY Sexual Assault Defamation Judge To Trump: FUHGEDDABOUTIT! ‘Not Even a Tweet’: Judge Blasts Trump and Lawyer for Sloppy Efforts in E. Jean Carroll Case
(DBN)

Trump's Tax Inconsistencies Found
(DBN)

Trump attacks former official picked to review FBI reforms
(DBN)

NYC bar calls for investigation into AG Barr over conduct that threatens ‘impartial administration of justice’ Bar Association Calls Out William Barr
(DBN)

Alphabet’s top lawyer, who has been accused of inappropriate workplace relationships, is stepping down Google Ventures founder Bill Maris blasts outgoing chief legal officer David Drummond
(DBN)

Smollett case clouds work of Chicago's chief prosecutor
(DBN)

TX Gov Shuts the Doors to Refugees Statement of The Episcopal Church on Texas Governor Greg Abbott’s Decision to Reject Refugee Resettlement Texas Papers Blast Abbott on Refugee Order Republican governors reject Trump’s offer to ban refugees Trump says most asylum seekers don’t show up for their court hearings. A new study shows 99% do Tommy Fisher Is Gambling He Can Flip His $42 Million Border Wall to Trump Federal appeals court approves diversion of military funds to border wall construction
(DBN)

The new MIT report on Jeffrey Epstein raises questions about how much to blame billionaires like Bill Gates MIT investigation reveals Epstein-related loophole MIT puts tenured professor on paid leave over Jeffrey Epstein gifts
(DBN)

Judge blocks ‘extensive and burdensome’ state law on ballot initiatives
(DBN)

Lawyer accused of collecting his deceased father's pension
(DBN)

New study finds black people are staying longer in state prisons, even as they face fewer arrests
(DBN)

Neo-Nazis Target Officials, Church, Reporters
(DBN)

‘Bad Wig Bandit’ Robbed Three Banks in North Carolina, FBI Says
(DBN)

'It's a Lie, But It's Fun': Watchdog Group Says Cop Lied to Suspect, Causing Him to Commit Suicide
(DBN)

Kirkland Attorney Returns to Supreme Court 17 Years Later
(DBN)

Judge blasts ‘lies’, errors in 1976 case, but Ronnie Long stays in prison for now
(DBN)

‘Help me!’ A young girl’s sign in car window isn’t what it seems, California cops say
(DBN)

Is the World Becoming More Violent?
(DBN)

Controversial bail reform springs serial robbery suspect — who then pulls off fifth heist
(DBN)

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Judges:

Judge Richie Neiter, RIP
(DBN)

Federal Judges Help Students Learn Civility Skills
(DBN)

Lawyer indicted after he’s accused of trying to strangle magistrate girlfriend
(DBN)

Courts Slow Walking Trump Cases on Purpose
(DBN)

The role of the chief justice in an impeachment trial
(DBN)

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Wall Street:

U.S. Futures Gain
(DBN)

Stocks close lower after Dow briefly tops 29,000 milestone for first time
(DBN)

The End of the Bonus Culture Is Coming to Wall Street 
(DBN)

Goldman Plans to Double China Headcount to 600 in Five Years
(DBN)

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Layoffs:

Boeing supplier to lay off more than 20% of Kansas workforce Layoff notices sent to 2,800 Spirit AeroSystems workers in Wichita
(DBN)

Walmart Expands Its Robotic Workforce to 650 Additional Stores
(DBN)

Tech industry layoffs rose 351 percent in 2019. Is a recession looming?
(DBN)

Massena Hospital slashes costs
(DBN)

113 employees laid off at manufacturing plant in South Boston
(DBN)

Supervalu will lay off 280
(DBN)

ABB Power Grids’ South Boston location lays off 113 workers
(DBN)

Apache, 2 other Houston oil companies cut nearly 600 jobs
(DBN)

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Politics:

Pelosi: House will send impeachment articles to the Senate this week Trump Hits Senate for Giving Credibility to Impeachment with a Trial Former Acting Solicitor General Dares Trump to Testify: If Innocent 'You Should Have Nothing to Fear' Fmr White House Ethics Lawyer: Trump Isn't Mentally Competent to Stand Trial in the Senate Trump Has Settled on Key Members of His Impeachment Defense Team Trump Predictably Plans to Assert Executive Privilege Over Bolton’s Testimony — What It Means Trump, Pelosi square off ahead of impeachment trial McConnell walks impeachment tightrope Trump’s Impeachment Trial Gives Upper Hand to McConnell, GOP Pelosi says Trump 'impeached for life' despite McConnell's 'gamesmanship,' 'coverup' As trial nears, Trump keeps discredited Ukraine theory alive 'A national disgrace': As impeachment hung over a president's head, he went on a wild rally tour Focus group: Pennsylvania swing voters unhappy with McConnell's impeachment comments
(DBN)

Trump falsely took credit for Ethiopian leader's Nobel Peace Prize Trump: I Was Robbed of Nobel Peace Prize
(DBN)

FactCheck: Trump's Distortions at Rally
(DBN)

Trump has a new way around facts
(DBN)

Trump’s Art of the Steal
(DBN)

13 Former Press Secretaries on WH Briefings
(DBN)

Flushing '10 times!' What's really behind Trump's tirades about toilets
(DBN)

Trump's data operation is targeting women voters amid warning signs
(DBN)

Top 3 Takeaways from Wild WSJ Story on the Downfall of Trump’s ‘Fixers’
(DBN)

Fact check: Trump says he 'obviously' never said Mexico would pay directly for the wall. But he did.
(DBN)

Rep. Doug Collins apologizes for saying Democrats are "in love with terrorists"
(DBN)

Warren, Sanders campaigns spar in rare show of discord between progressive Democratic contenders Obama campaign guru warns against Bernie Warren tries to ease Iowans' concerns about electability Warren Turns Back to Women Voters to Clear Path to Nomination
(DBN)

The Story Elizabeth Warren Isn’t Telling
(DBN)

Democrats voice concerns over Sanders
(DBN)

Two polls frame the Democratic race and the power of African American voters
(DBN)

Change that can win? Democrats grapple with core question
(DBN)

House Democrats who endorsed in 2020 primary signal they will unify behind eventual nominee
(DBN)

Trump Killed Soleimani to Help With His Impeachment Did impeachment weigh on Trump’s Soleimani decision? Maybe. Defense chief admits he 'didn't see' evidence for Trump claim that Iran planned embassy attacks Senior administration officials struggle to explain intelligence behind killing of Soleimani Trump now claims four embassies were under threat from Iran, raising fresh questions about intelligence reports Trump’s team insists Soleimani was an “imminent” threat. Just don’t ask for details. Is Preemptive Assassination the New Trump Doctrine? The administration’s deceptions about the Soleimani strike are a big deal Esper: No Evidence of Threat to 4 Embassies 2015 memo from Erik Prince to Trump campaign: 'National disgrace' that Soleimani 'not already DEAD'
(DBN)

The White House is considering dramatically expanding Trump's travel ban to include even more countries
(DBN)

The much-anticipated Iowa poll reveals a narrow frontrunner: Sen. Bernie Sanders Less than one-third of Iowa and New Hampshire voters have settled on a candidate Top 4 Democrats statistically neck and neck in Iowa presidential poll
(DBN)

Trump said he has come up with a 'beautiful' new name for NATO: 'NATOME'
(DBN)

The Many Hats of Jared Kushner
(DBN)

'I'm spending all my money to get rid of Trump': Michael Bloomberg Judge Judy sets stage for Bloomberg's anti-Trump rally Bloomberg Urges Re-Ordered Primary Calendar Mike Bloomberg wants to be president, but he also has a fallback plan: Defeat Donald Trump and remake the Democratic Party
(DBN)

“You little pencil neck”: Trump’s taunts of Schiff in Toledo were like a parody of a playground bully
(DBN)

The Blue State Exodus Gains Momentum
(DBN)

Historic High for Military Threats Against US
(DBN)

Facts No Longer Change Voters' Minds
(DBN)

The great dismantling of America's national parks is under way
(DBN)

Citizen's United: Ten Years Later
(DBN)

____________

Climate:

Cities That Will Soon be Underwater
(DBN)

Trump’s climate change reading material is beyond parody
(DBN)

Can the catastrophic fires bring some sanity to Australian climate politics?
(DBN)

The Wildfire Crisis Is Starting to Hurt Australian Companies
(DBN)

Australia's Indigenous Had Fire Solutions
(DBN)

Where Violence May Happen Over Drought
(DBN)

Amid chaos, new decade brings big global warming changes
(DBN)

____________


Economy:

Elon Musk doubles down on universal basic income: 'It's going to be necessary'
(DBN)

Jobs are Hot, Not Paychecks
(DBN)

US Population Growth Lowest Since 1918
(DBN)

Almost No Chance of a Recession This Year, Experts Say
(DBN)

Recession Fears Cap Oil Prices In 2020
(DBN)

Standard Chartered CEO says the global economy is inching back to ‘normal’
(DBN)

The American Dream Takes $500,000 a Year
(DBN)

145,000 Jobs Created in January December Employment Report: 145,000 Jobs Added, 3.5% Unemployment Rate Here’s where the jobs are — in one chart Comments on December Employment Report
(DBN)

The Record Job Streak: A few Comments
(DBN)

Q4 GDP Forecasts: 1.1% to 2.3%
(DBN)

Boeing 737 Max crisis could slow US growth by a half point in 2020, Mnuchin says
(DBN)

US tensions with Iran could overshadow Washington’s trade fight with China
(DBN)

AAR: December Rail Carloads down 9.2% YoY, Intermodal Down 9.6% YoY
(DBN)

A growing number of Americans believe the government should tackle economic inequality instead of illegal immigration, new poll finds
(DBN)

Trump campaigned on promises to revive US manufacturing. But factories lost 12,000 jobs in December.
(DBN)

Women now outnumber men in the American workforce for the first time since the Great Recession
(DBN)

The most important gig economy employer of 2020 won't be Uber or DoorDash — it'll be the US government
(DBN)

More Middle Class Families Leave California
(DBN)

Federal Reserve Admits It Pumped More than $6 Trillion to Wall Street in Recent Six Week Period
(DBN)

The 2020s Will Be the Decade of Deficit Doomsday
(DBN)

American firms aren't beholden to America – but that's news to Trump
(DBN)

States Scramble Over New Food Stamp Rules
(DBN)

Middle Age Misery Peaks at Age of 47.2, Economist Says
(DBN)

Mr. President, here's how the budget works
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

Mortgage rates fall to 3-month low
(DBN)

County to begin foreclosure against Chapel Hill Mall next week
(DBN)

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Municipalities:

'Traumatized' Puerto Ricans rocked by more strong quakes Strong 5.2 magnitude earthquake in Puerto Rico cracks walls, downs power lines More earthquakes hit Puerto Rico, as island remains in fear Quake-stunned Puerto Rico hit by another 5.9-magnitude shock Puerto Rico earthquake aftershocks again rattle coastline as residents deal with disaster after disaster
(DBN)

Obama urges help for Puerto Rico after back-to-back quakes
(DBN)

Trump administration refuses to release all available aid to Puerto Rico despite earthquakes, citing ‘corruption’ concerns
(DBN)

Investors Give Nod to Worst-Rated Illinois With Revenue Growing
(DBN)

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Oil/Gas:

Bankruptcy Court Rules that Dedications Within Gathering Agreements "Run with the Land”
(DBN)

Texas Bankruptcy Ruling Reinforces Dedication Clauses in Gas-Gathering Agreements
(DBN)

5th Circ. Ultra Petroleum Ruling Poses Key Debtor Question
(DBN)

Kingfisher Midstream Files In BK SD TX - Petition
(DBN)

Oil markets will soon have to rethink predictions of ‘ample’ global supply, minister says
(DBN)

____________

Aviation:

Boeing's fired CEO got his $62 million payout confirmed the same day 2,800 people in the 737 Max supply chain were laid off Boeing's former CEO, who was fired over the 737 Max crisis, got no severance pay but left with $62 million Boeing says he was 'contractually entitled' to
(DBN)

The FAA plans to fine Boeing for installing defective parts on the 737 Max — a separate issue from what caused two planes to crash
(DBN)

Court Approves Next Stage Of Tamarack Voluntary Reorganization
(DBN)

____________

Personal Finance:

33 things you should remove from your résumé immediately
(DBN)

____________

Healthcare:

Hospitals' dueling financial realities
(DBN)

Thomas Health files for bankruptcy; hospital system says it's not closing Thomas Health System to file Chapter 11 bankruptcy Thomas Health files for Chapter 11 bankruptcy protection Summary: New Chapter 11 Bankruptcy Filing - Thomas Health System Inc. First Day Dec
(DBN)

Staff gather as Astria Regional shuts down emergency room Nurses from Astria Regional say they aren't getting earned benefits Chaplain: Hospital closing a blow to staff, community Physicians describe loss of Yakima Regional as 'catastrophic' for Yakima Valley
(DBN)

‘I do this with a heavy heart’: Bankruptcy judge orders closure of Connecticut nursing home following financial troubles
(DBN)

Chicago: Northwest Side hospital losing most of its ER doctors • Advocate Aurora sheds 2 hospitals
(DBN)

Lingering feelings of abandonment at Hanhemann
(DBN)

Vet Has Prosthetic Legs Repossessed
(DBN)

Alcohol played a role in 2.6% of U.S. deaths in 2017
(DBN)

U.S. health system costs four times more to run than Canada’s single-payer system
(DBN)

Administration Wants SCOTUS to Rule on Obamacare After Election
(DBN)

Study: Five years after an abortion, most women say they made the right decision
(DBN)

Ending surprise medical billing
(DBN)

Hospital bankruptcies leave sick and injured nowhere to go
(DBN)

____________

Religion:

Unholy real estate strategy: Catholic churches shuffle properties to shield billions from sex abuse victims, report says
(DBN)

Trump to Launch a School Prayer Crusade
(DBN)

Two Popes: Benedict defends priestly celibacy as Francis considers changes
(DBN)

Taking Down the Anti-Catholic Laws in US
(DBN)

____________

Autos:

Carlos Ghosn: Nissan's Future is in Doubt Nissan Examines Possibility of Breaking Away From Renault France Must Make Nissan Concessions, Or Renault Faces Existential Threat
(DBN)

Ford CEO's Plan to Turn the Company Around Ford's China Sales Drop 26%
(DBN)

400K German Auto Workers May Lose Jobs
(DBN)

____________

Pharma:

Ex-drug company execs face reckoning in opioid bribery case
(DBN)

____________

Corporate Governance:

Bernie Ebbers and Board Oversight of the Office of Legal Affairs
(DBN)

____________

Food/Beverage:

Ruling Deferred On Bumble Bee Ch. 11 Incentive Bonuses
(DBN)

____________

Mass Torts:

Bayer Roundup Mediator Is ‘Optimistic’ With Talks Heating Up
(DBN)

____________

Dairy:

Milk Processors Are Going Bankrupt as Americans Ditch Dairy
(DBN)

____________

Student Debt:

This Man Got $221,000 Of Student Loans Discharged In Bankruptcy
(DBN)

____________

Retailing:

Businesses hit by mistaken tax penalty seek help from Congress
(DBN)

Nearly every mall store is struggling.
(DBN)

____________

Coal:

Bankrupt coal company Blackjewel accuses former CEO of fraud
(DBN)

____________

 


New Bankruptcy Opinions
(10 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (25 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (29 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:

How bankruptcy was broken
(DBN)

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Cross-Border:

US group uses an English scheme of arrangement to restructure its debts
(DBN)

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Tax:

Flow-through Tax Status as a Property Right? The Case of Schroeder Brothers Farms
(DBN)

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Distressed Investing:

The Anatomy of Distressed Debt Markets
(DBN)

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Miscellaneous:

Rochelle
(DBN)

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Litigation:

Litigation Funding Success Breeds New Set of Ethical Issues
(DBN)

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Ch. 13:

BK CD CA: New Chapter 13 Plan Payment rules
(DBN)

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Appeals:

Appeal or No Appeal: In Stipulations, Silence on Appellate Rights Could Mean Waiver
(DBN)

____________

Utilities:

Lawmakers Urge FEMA to Drop $4 Billion Bid for PG&E Settlement Money
(DBN)

Report: Feds to bill fire victims if utility doesn’t pay $4B Wildfire victims could be forced to pay PG&E's FEMA bill of nearly $4 billion, report says
(DBN)

California's wildfire risk keeps getting worse. Now a decade of blackouts lie ahead
(DBN)

____________

Travel:

Passenger charges cockpit, beats attendant on N.J.-bound flight, police say
(DBN)

A woman was asked to take a pregnancy test before flying to a US island
(DBN)

____________

Media:

Congress comes together to save local news
(DBN)

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Cannabis:

Receivership and Distressed Cannabis Assets in California
(DBN)

Aurora Cannabis May Miss Debt Covenants, Analysts Warn
(DBN)

____________

Fraud:

Former Mrs. Florida Gets Prison for Fraud
(DBN)

____________

UK:

U.K.’s Flybe Airline Is Seeking Urgent Rescue Deal, Sky News Reports
(DBN)

Trump calls Meghan Markle and Prince Harry's decision to step back from the royal family 'sad' and says he 'doesn't think this should be happening' to the Queen Queen prepares for royal family summit Queen calls for face-to-face showdown with princes Harry, William and Charles; Meghan could phone in Buckingham Palace in Emergency Session Why Harry and Meghan will find life even harder as non-royals Meghan Markle Signs Deal with Disney Canadian billionaire Frank Giustra providing luxe hideout for Prince Harry, Meghan Markle Harry and Meghan show us what happens when you have 'an heir and a spare'
(DBN)

The City Wants To Have Its Brexit Cake and Eat It Too
(DBN)

UK is Abandoning Alliance with America
(DBN)

U.K. House-Price Gains Explained By Low Interest Rates Alone
(DBN)

U.K. Job Vacancies Drop Most in a Decade, BDO Says
(DBN)

Aston Martin Is Said in Last-Ditch Funding Talks  With Stroll, Geely Aston Martin White Knight Will Only Fund Months of Running Cost
(DBN)

U.K. Economy Unexpectedly Shrinks Amid BOE Rate-Cut Debate
(DBN)

Law firm which made millions drumming up alleged war crime cases against soldiers goes bust owing £6.3m
(DBN)

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EU:

Thoughts on the EU Directive on Preventive Restructuring Framework Agreements
(DBN)

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PIIGS:

Atlantia CEO warns of bankruptcy risk if concession revoked: paper
(DBN)

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Canada:

'I am livid': Maple Leaf Foods CEO blasts U.S. for Iran's jet downing
(DBN)

Canada Faces A New Oil Price ‘’Blowout’’
(DBN)

____________

MENA:

No Lebanese bank at risk of bankruptcy: Salameh
(DBN)

Iran-U.S. Conflict to Shift Back to Proxies After Threat of War
(DBN)

Iran says its military ‘unintentionally’ shot down Ukrainian jetliner An Iranian commander said 'I wish I could die' after Tehran accepted responsibility for shooting down Ukrainian Airlines flight 752 Iran's foreign minister said 'US adventurism' is to blame for the Iranian military shooting down a passenger jet Iran's military says it thought the Ukrainian passenger plane it shot down was a US military plane Unrest in Iran Over Downing of Airliner Iran police shoot at those protesting plane shootdown Ukraine knew Flight 752 had been shot down, but it was careful not to antagonize Iran Multiple Failures Led to Iran’s Accidental Attack on Jetliner
(DBN)

Iran arrests UK ambassador in what Britain calls ‘flagrant violation of international law’
(DBN)

The Middle Eastern Problem Soleimani Figured Out
(DBN)

Seven Days in January: How Trump Pushed U.S. and Iran to the Brink of War
(DBN)

The Dark Vision of the Middle East's Future
(DBN)

Pulling out of Iraq would create a vacuum for ISIS, Iran, and Russia, according to the official who led the anti-ISIS fight State Tells Iraq, No Troop Withdrawal
(DBN)

Trump administration warns Iraq could lose New York Fed account if US troops forced to leave
(DBN)

Iraq Warns of Crash if Trump Blocks Oil Money
(DBN)

How U.S. sanctions are paralyzing the Iranian economy
(DBN)

US Raid Left Dozens of Afghan Kids Dead
(DBN)

Dangerous New Era in the Middle East
(DBN)

Trump Hits Iran with New Sanctions
(DBN)

Amash: Serving Up US Troops for Saudi Cash
(DBN)

King Abdullah: ISIS on the Rise Again
(DBN)

More than a dozen Saudi servicemen to be expelled from US after review of December shooting at Naval Air Station
(DBN)

____________

Japan:

Japan Wants Interpol Notice for Carol Ghosn Here are Carlos Ghosn's Legal Options The Man Carlos Ghosn Left Behind Japan’s Public Isn’t Buying Carlos Ghosn’s Arguments, Poll Shows Japan Asks Interpol To Go After Ghosn's Family Members
(DBN)

____________

South Africa:

Wal-Mart’s South Africa Retailer Plans Job Cuts in Profit Slump
(DBN)

____________

China:

China’s Top Oil Firm Sees Demand Growth Cut in Half in 2020
(DBN)

China is the ‘most serious threat’ to the United States, says former security advisor to Obama
(DBN)

China State Firm’s $6 Billion Loss Is Among Nation’s Worst Ever
(DBN)

____________

India:

Former RBI governor says India needs ‘significant reforms’ to keep young job seekers employed
(DBN)

State Bank Warns India Creating Fewer Jobs For Biggest Workforce
(DBN)

Changes in IBBI norms to prevent backdoor entry of ex-promoters in cos under liquidation: Experts
(DBN)

How India can keep its airlines afloat
(DBN)

Walmart Cuts a Third of India Executives, Plans More: Report
(DBN)

First Glimpse Into Indian Defaulters’ $25 Billion Debt Pile
(DBN)

A Storm is Brewing: The Insolvency of Personal Guarantors
(DBN)

IBC amendment: Supreme Court provides partial relief to homebuyers
(DBN)

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