January 15, 2020

The Daily Bankruptcy News

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Law:

Lateral Partner Survey Casts Doubt on Compensation as King
(DBN)

Observers See 'Market Share' Strategy Behind Troutman-Pepper Merger
(DBN)

Biglaw Senior Associate Isn’t Happy About How You Sign Your Emails
(DBN)

Bankruptcy Lawyer Jessica Mickelsen Simon Joins Ballard Spahr in L.A.
(DBN)

Legal hiring expected to increase
(DBN)

Should lawyers get inked?
(DBN)

Non-Equity Means Non-Partner
(DBN)

Biglaw ‘Booze Chaperone’ Policy Is Like A Designated Driver For ‘Not Being Lecherous A-Holes’
(DBN)

3 law students launch food pantry to help feed hungry classmates
(DBN)

New Law Aims To Allow Murdered Law School Professor’s Kids To See Their Grandparents
(DBN)

Boies Schiller Flexner Closes Orlando Office
(DBN)

Manhattan Prosecutor Says Voir Dire in Harvey Weinstein Criminal Trial Should Stay Open The women surrounding the Weinstein trial are using their clothes to redefine who has power
(DBN)

Judge Links Fate of House’s Bid for Trump Tax Returns to D.C. Circuit Ruling on McGahn Judge says Trump tax return dispute must wait for Don McGahn subpoena ruling Federal Judge Halts House Lawsuit for Trump's Tax Returns Because of ... the Don McGahn Case?
(DBN)

Lawyer Michael Avenatti arrested by IRS on allegation of violating release conditions Feds Arrest Avenatti at State Bar Hearing
(DBN)

Former national security adviser Michael Flynn wants to withdraw his guilty plea in Mueller probe and accuses DOJ of 'bad faith' and 'vindictiveness'
(DBN)

New York Times defamed me with clickbait headline, Harvard Law prof alleges in lawsuit
(DBN)

Impeachment trial will test knotty problem in law
(DBN)

Kansas Is So Determined to Circumvent Court’s Abortion Ruling That It’s Willing to Rewrite State Constitution
(DBN)

Trump’s big border wall win House Now Investigating Trump Admin’s Enforcement of ‘Zero Tolerance’ Immigration Policy AP Explains: US sending asylum seekers to Central America Trump administration asks Supreme Court to lift stay on public charge rule Texas governor turns his back on refugees and state's history
(DBN)

FactCheck: More than 100,000 DACA applicants have been arrested—Murder, Rape, DUI
(DBN)

Every Catholic bishop in Texas is slamming Gov. Abbott's decision to bar refugees
(DBN)

President Trump lashes out at Apple for refusing to help the FBI unlock a shooter's iPhones: 'They will have to step up to the plate and help our great Country, NOW!' The Justice Department is demanding that Apple make it easier to unlock suspects' iPhones, but experts say it can do that without Apple's cooperation. Here's how.
(DBN)

Thieves stole $8 million in rare texts from the Carnegie Library in a decades-long scheme
(DBN)

'The Irishman' tells us who killed Jimmy Hoffa; a lawyer with a secret trove of documents says the movie got it wrong
(DBN)

State supreme court affirms 12-year sentence for inmate’s cellphone possession
(DBN)

Top St. Louis prosecutor files suit alleging racially motivated conspiracy to obstruct her equal-justice efforts
(DBN)

86-year-old man who robbed a bank pulled over 1 mile away
(DBN)

Woman Caught Trying To Build Bomb Inside Walmart
(DBN)

Man requests sword fight with ex-wife and lawyer to settle legal dispute Man Seeks ‘Trial By Combat’ Against Ex-Wife
(DBN)

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Judges:

Democrats can get witnesses with 50 votes - if Roberts does his job
(DBN)

A Judge And A Hero
(DBN)

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Wall Street:

US futures point to a flat open ahead of US-China deal signing
(DBN)

Stocks close lower after reports China tariffs will remain until after 2020 election
(DBN)

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Layoffs:

iHeartMedia Staffers Hit with Massive Layoffs Across Multiple Markets
(DBN)

Kalitta lays off 154
(DBN)

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Climate:

BlackRock vows focus on climate change BlackRock makes climate change central to its investment strategy
(DBN)

An Australia in flames tries to cope with an ‘animal apocalypse.’ Could California be next?
(DBN)

Inconvenient Facts on Australia's Wildfires
(DBN)

The future of firefighting
(DBN)

Rains are finally arriving in fire-ravaged Australia, but they bring new risks
(DBN)

The Panama Canal is running out of water
(DBN)

EU Trillion Euro Plan for Climate Crisis
(DBN)

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Aviation:

‘Boeing has not learned its lesson.’ Downgrade warning, lawmaker ire greet new CEO
(DBN)

The fallout from Boeing's 737 MAX suspension could have a big impact
(DBN)

Boeing's new CEO will get a $7 million payout if he successfully gets the troubled 737 Max flying again
(DBN)

Boeing 737 Max: Employee called Lion Air 'idiots' for training request
(DBN)

Delta soars as US travel growth pushes profits past Wall Street's highest forecast
(DBN)

Plane returning to LAX dumped jet fuel over nearby elementary schools Delta has tough questions to answer from the FAA about why it dumped jet fuel over a school during an emergency landing at LAX
(DBN)

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Banks:

Citigroup earnings beat expectations on 49% fixed-income trading surge
(DBN)

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Utilities:

PG&E Nearing Deal With Pimco, Elliott on Restructuring Plan
(DBN)

FEMA Defends $4 Billion Claim Against PG&E as Victims Cry Foul
(DBN)

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Debt Collection:

Possibility of Applying Fraud-Specific Discovery Rule to FDCPA Suits Left Open
(DBN)

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Retailing:

Barneys accused of leaving staff in the dark during liquidation
(DBN)

Holiday Season Retail Hiring Since 1979
(DBN)

Dying Malls? This One Has Found a Way to Thrive
(DBN)

Ex-Apple Store Chief: Amazon is in Trouble
(DBN)

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Economy:

Cleveland Fed: Key Measures Show Inflation Above 2% YoY in December, Core PCE below 2%
(DBN)

BLS: CPI increased 0.2% in December, Core CPI increased 0.1%
(DBN)

The National Deficit and Your Budget
(DBN)

$1,163,090,000,000: Federal Spending Sets Record Through December
(DBN)

For First Time in 26 Years, All U.S. Metros Enjoyed Income Gains
(DBN)

Job Creation's Weakest Year Since 2011
(DBN)

Economists increasingly approve of U.S. taking on more debt for right reasons
(DBN)

U.S., EU square up for trade brawl after Trump's China deal
(DBN)

Trump could still slap tariffs on China after signing ‘phase one’ trade deal, expert warns
(DBN)

Ex-AT&T CEO Pounds Trump's Trade Policies
(DBN)

Trump administration moves toward blocking more sales to Huawei, sources say
(DBN)

The Graying Of Wealth
(DBN)

The big problem with the American Dream
(DBN)

Taco Bell's $100,000 salary test could set off a domino effect, forcing fast-food giants to increase pay
(DBN)

College Degree Needed to Work in Factories
(DBN)

Jim Rogers Warns Of "Horrible Time" Ahead
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

Leading Index for Commercial Real Estate Increased in December
(DBN)

Weekly mortgage applications soar 30% as homebuyer demand hits the highest level in 11 years MBA: Mortgage Applications Increased in Latest Weekly Survey
(DBN)

Agents Raid Military Slumlord's Offices
(DBN)

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Municipalities:

Earthquakes to impede Puerto Rico's economic recovery -Moody's
(DBN)

In quake-hit Puerto Rico even bees fleeing their homes
(DBN)

Muni Lowdown - 2020 Rolls On
(DBN)

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Oil/Gas:

Junk-rated energy firms speed to debt markets after 2019 drought
(DBN)

U.S. Gas Giant Downgraded To Junk Status
(DBN)

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Politics:

House prepares to vote Wednesday to transmit Trump impeachment articles to the Senate White House expects GOP defections on calling witnesses in Senate impeachment trial Impeachment spotlight turns to possible Senate Republican swing votes Will John Bolton testify at Trump impeachment trial in Senate? GOP leadership: There aren't 51 votes to dismiss Trump articles of impeachment Nancy Pelosi gambled and lost on the impeachment delay How Trump's Senate impeachment trial will work 10 questions after House Speaker announces a Wednesday vote on transmitting the articles of impeachment Ted Cruz: ‘Open To The Possibility’ Of Senate Calling Witnesses, Including Whistleblower Senate Republicans are blocking photographers from documenting the moment the House delivers articles of impeachment against Trump Capitol Hill reporters protest expected restrictions on press access during Senate impeachment trial Pomp and a procession, then Trump impeachment trial begins in earnest Trump taps 'strong, silent type' to lead impeachment defense
(DBN)

Russians hacked company key to Ukraine scandal: researchers
(DBN)

A newly revealed letter from Rudy Giuliani — Trump's own lawyer — destroys the president's last defense in Ukraine scandal New Parnas documents mention ‘the Biden case,’ surveillance of U.S. ambassador to Ukraine Lev Parnas and Rudy Giuliani have demolished Trump's claims of innocence Explosive new documents involving Rudy Giuliani and a Ukrainian associate show the shocking extent of Trump's pressure campaign Giuliani requested meeting with Ukraine president, new Trump impeachment evidence shows Giuliani's Henchmen Stalked US Ambassador
(DBN)

GOP Senators Defect, Help Dems Limit Trump from Taking Further Military Action Against Iran
(DBN)

Fact-checking the seventh Democratic primary debate 4 takeaways from the 7th Democratic debate Here are the winners and losers of the last Democratic primary debate before the Iowa caucuses 4 winners and 3 losers from the January Democratic debate Tom Steyer gets his big moment by awkwardly interrupting Bernie Sanders and Elizabeth Warren's postdebate exchange Sanders targets Biden in new video hours before debate Here are the top moments from the seventh Democratic debate Things get tense between Warren and Sanders at Democratic debate Bernie Sanders and Elizabeth Warren square off over Trump’s USMCA trade deal Warren and Sanders’s dispute over a woman in the White House came to a head Tuesday night 2020 Democrats finally got specific on foreign policy in the Iowa debate Elizabeth Warren appears to snub Bernie Sanders’ post-debate handshake Sanders vs. Warren: The clash that had to happen erupts on a surprising issue The explosive question for Democrats: Can a woman defeat Trump in November? Debate Night Was A Rough One for the Moderators. Here Are 4 Lowlights
(DBN)

Trump Attacks as Soleimani Story Crumbles Obama national security adviser says Trump ‘absolutely correct’ to kill Soleimani
(DBN)

Can the Constitution stop the government from lying to the public?
(DBN)

Trump: Saudi Arabia paid the US $1 billion for more troops. Pentagon: Eh, not quite.
(DBN)

Justin Trudeau blames escalation between Trump and Iran for the plane crash that killed 63 Canadians Ukraine plane crash video shows 2 missiles, not one, hit plane
(DBN)

Barr and Pompeo shift justification for Iran strike from 'imminent' threat to deterrence
(DBN)

Sanders is right: Biden is vulnerable to Trump on Social Security A woman can't win? Alleged comment reopens feminist grievances against Bernie Sanders.
(DBN)

Joe Biden will coast unless Elizabeth Warren or Bernie Sanders locks down the left
(DBN)

Biden says he won’t sign trade deals without environmentalists and labor at the table
(DBN)

Here's what really matters about the Warren-Sanders feud The Warren-Sanders clash, explained by numbers
(DBN)

Warren Would Bypass Congress to Cancel Federal Student Debt
(DBN)

Doctored images now routine for political campaigns; when they're disproved, believers 'just don't care'
(DBN)

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Travel:

I flew Spirit Airlines and had a nightmarish 34-hour delay with terrible customer service, and I'll never use the airline again
(DBN)

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Food/Beverage:

TGI Fridays CEO says immigration reform is one of the biggest challenges in the restaurant industry
(DBN)

Sale of NORPAC's Oregon facilities hinges on resolving union objection NORPAC Must Settle With Union Before Sale
(DBN)

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Coal:

Kentucky coal miners remain on tracks blocking coal shipment
(DBN)

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Fraud:

Admissions Scandal: Dad Deducted Bribe on Tax Return
(DBN)

Boston Red Sox fire manager Alex Cora over cheating scandal
(DBN)

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Mass Torts:

These former Boy Scouts allege they were abused decades ago. They're using a New Jersey law to sue.
(DBN)

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Student Debt:

House to Block DeVos Loan Forgiveness Plan
(DBN)

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Banking:

Wells Fargo sets aside another $1.5 billion for new fake account payout
(DBN)

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New Bankruptcy Opinions
(5 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (17 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)

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Automatic Stay:

Opinion analysis: Justices validate immediate appeals of bankruptcy orders denying relief from the automatic stay
(DBN)

Continued Stay in Bankruptcy Cases Is Immediately Appealable
(DBN)

Bankruptcy Stay Orders Immediately Appealable, Justices Say
(DBN)

The Fourteen-Day Time to Appeal Applies to Orders Enforcing The Automatic Stay
(DBN)

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Mediation:

Mandated Mediation: Authorized By Federal Statute
(DBN)

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Setoffs:

Delaware District Court Affirms Decision Holding Triangular Setoffs Are Not Permitted
(DBN)

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Healthcare:

The frequency of chapter 11 cases filed by healthcare companies with over $100 million in debt has risen by an average of 72% per year between 2016 and 2019
(DBN)

REVA Medical Files for Court Approval of Prepackaged Plan of Reorganization
(DBN)

Planned Strike Complicates Transfer of Bankrupt Nursing Home to New Owners
(DBN)

Millions of Americans Flood Into Mexico for Health Care — the Human Caravan You Haven’t Heard About
(DBN)

20 employees furloughed at bankrupt West Virginia hospital
(DBN)

Google Collecting Your Health Care Records
(DBN)

Physician Burnout Widespread, Especially Among Those Midcareer, Report Says
(DBN)

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Student Debt:

Elizabeth Warren says she can forgive student loan debt without Congress Elizabeth Warren: I’ll Bypass Congress To Cancel Student Debt
(DBN)

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Autos:

The Next Recession Can Bankrupt Ford Motor Company
(DBN)

Ghosn says French envoy told him Nissan was turning against him Carlos Ghosn and the Roots of Nissan's Decline
(DBN)

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Telecoms:

Fusion Connect Exits Bankruptcy
(DBN)

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Obstacle Courses:

Tough Mudder Sale To Spartan Getting Closer?
(DBN)

Spartan Founder Joe De Sena Targets Further Expansion As Company Aims To Acquire Tough Mudder Assets
(DBN)

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Religion:

With diocese bankruptcy looming, Catholic Charities seeks $10 million
(DBN)

Catholic Church Moves Funds Around to Shield $2 Billion in Assets from Abuse Victim Settlements
(DBN)

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UK:

UK Government May Step In To Save Ailing Flybe Regional Airline Flybe rescue deal agreed Ministers Save Loss-Making Airline With Rescue What it’s like to travel on Flybe, the budget airline used by the royals that’s fighting to stay in business Deal
(DBN)

Brexit will soon cost the UK more than its total EU payments
(DBN)

EU: Brexit Trade Deal Ends Frictionless Trade
(DBN)

UBS v. Fairfield Sentry: UK Privy Council says that US courts can use British Virgin Islands’ insolvency law
(DBN)

How Harry and Meghan could build a billion-dollar brand
(DBN)

Thomas Markel May Testify Against Meghan
(DBN)

UK may face an opioid addiction crisis like the US within five years
(DBN)

Former BHS owner ordered to pay £9.5m to pension schemes
(DBN)

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PIIGS:

Ross reveals ‘intensive round of talks’ with FAI creditors planned for Wednesday
(DBN)

Bird & Bird recruits Alfonso Carrillo as partner
(DBN)

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EU:

The implementation of the EU Restructuring Directive in the Netherlands: the “WHOA”
(DBN)

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Canada:

The CCAA proceedings of Stornoway Diamond Corporation and its innovative approach to vesting orders
(DBN)

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India:

In midst of credit crisis, India implements further changes to bankruptcy laws
(DBN)

Pecking order
(DBN)

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Australia:

The chill of competition constraints on the sale of distressed businesses in Australia
(DBN)

KPMG appointed as voluntary administrators as Jeanswest collapses
(DBN)

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MENA:

‘Danger tomorrow’: Iran’s Rouhani makes veiled threat to US and EU troops in Middle East
(DBN)

Iran's foreign minister says officials 'lied' about downing of Ukrainian plane
(DBN)

Anger in the Streets of Lebanon
(DBN)

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Netherlands:

The Dutch Scheme – A Summary of the Upcoming New Restructuring Tool
(DBN)

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