January 3, 2020

The Daily Bankruptcy News

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3-Column Formating

 

Law:

What’s A Firm Breakup Without A Few Blackmail Allegations?
(DBN)

Bye, Bye, 2019, And Don’t Let the Door Hit You On The Way Out
(DBN)

Lowenstein Sandler Names Two New Bankruptcy Partners
(DBN)

Faegre Baker Sued by Crypto Fund Manager
(DBN)

Nike Tries to Stop Avenatti's Witnesses
(DBN)

Wachtell Clinches Top Spot as 2019 Global M&A Adviser
(DBN)

The law firms with the best perks 2020
(DBN)

Paul Weiss Silent Amid Client's Escape From Japan to Lebanon
(DBN)

Writing emails stressing you out? Here are 3 steps for closing any email effectively
(DBN)

Online courts, the future of justice and being bold in 2020
(DBN)

An in-depth analysis of the 2019 law school admissions & entering class data
(DBN)

Fall 2020 Law School Applicants Down 1%, But Surge 11% In The Highest LSAT Bands (165+) As 2019 Draws To A Close
(DBN)

How did law schools survive a decade of "statistically zero jobs" for their graduates?
(DBN)

Navy SEAL Gallagher launches lifestyle brand after war crime acquittal
(DBN)

Woman Charged In New Year's Day Attack On NYC Hasidic Man Two Women Allegedly Attacked Jewish Man in Brooklyn
(DBN)

New Year's Day Gun Violence Claims 177 Lives as 2020 Begins
(DBN)

Trump Winery Fires Their Illegal Employees
(DBN)

Congressional Republicans sign brief asking Supreme Court to overturn Roe v. Wade
(DBN)

Judge rules Texas baby can be taken off life support against family's wishes
(DBN)

Alex Jones And The Terrible, Horrible, No Good, Very Bad Year
(DBN)

How the NRA Rewrote the Second Amendment
(DBN)

Maryland governor issues consent for refugee admissions in response to Trump order
(DBN)

White Nationalist Who Headlined Charlottesville Rally is Arrested on Domestic Violence Charges
(DBN)

‘Affluenza Teen’ Ethan Couch Arrested on Probation Violation
(DBN)

Former Sequoia Partner Wins Extortion Suit Against Ex-Mistress
(DBN)

NYPD Officer Who Was Sentenced in Drunk, Racist Break-In Has Quit
(DBN)

Wanted: ‘Nanny’ to cook and clean for first year law student
(DBN)

______________

Judges:

BK SD FL: Courthouse Beacon Newsletter - December 2019
(DBN)

Chemerinsky: It’s likely to be an amazing year in the Supreme Court
(DBN)

Chief Justice Roberts’s Warning Against Fake News Is A 2020 Elections Subtweet Chief Justice Roberts: Judges Are a Check Against 'False Information' The chief justice’s 2019 year-end report: The federal judiciary and civic education Emerging from the shadows: the U.S. chief justice who will preside over Trump's trial
(DBN)

More Than 200 GOP Lawmakers Tell SCOTUS: Roe v. Wade Should Be ‘Reconsidered’ and ‘If Appropriate, Overruled’
(DBN)

Lawyer Ejected From 2nd Circuit Arguments Petitions for En Banc Rehearing
(DBN)

Trump judicial adviser’s ‘dark money’ network hides Supreme Court spending
(DBN)

______________

Wall Street:

Dow futures drop after US air strike kills Iran’s top military leader
(DBN)

Stocks ring in New Year positively
(DBN)

______________

Layoffs:

December Job Cuts Lowest Since July 2018, YTD Up 10% on Retail, Industrial, Auto, Tech - Cuts Attributable To Bankruptcies Highest Since 2005
(DBN)

AT&T is cutting jobs
(DBN)

141 to lose jobs as result of Semco closure in Merrill
(DBN)

2019 was one of the decade's worst years for job cuts in the US
(DBN)

Glass Fabricator Northwestern Industries Slashes More than 130 Jobs
(DBN)

SunPower to Cut 145-160
(DBN)

______________

Politics:

Explosive new documents reveal the lengths to which the Justice Department went to conceal the Pentagon's concerns about Trump's Ukraine aid freeze Unredacted emails show Pentagon official worried about legality of Ukraine aid freeze White House official said aide hold came from Trump DOJ Repeatedly Redacted Emails Expressing Concern That Trump Hold on Ukraine Aid Broke the Law Ten senators to watch on impeachment trial How the impasse over a Senate impeachment trial could end Schumer on Trump Aid Scheme Emails Hawley says he will introduce motion to dismiss impeachment case
(DBN)

Christianity Today editor "surprised by the ethical naïveté" of Trump supporters
(DBN)

Trump Covered Up DOJ Scheme Against CNN
(DBN)

Foreign Diplomats Brace for Trump Win
(DBN)

2020 candidates' Q4 fundraising hauls
(DBN)

Mike Bloomberg declines to file for Nevada caucuses
(DBN)

2020 predictions: Trump will lose — if not in the Senate, then with the voters
(DBN)

Karl Rove: GOP Loses If It Follows Trump
(DBN)

A deceptively edited video of Joe Biden illustrates a big problem in 2020 Behind other candidates in fourth-quarter tallies
(DBN)

Ron Howard unloads on Trump: 'Self-serving, dishonest, morally bankrupt ego maniac'
(DBN)

Donald Trump Wrongly Told Troops They Have 'All Brand New' Aircraft in Christmas Call
(DBN)

Florida Poised to Surpass New York in Congressional Seats
(DBN)

Democrat Marianne Williamson lays off campaign staff nationally, including NH Marianne Williamson stays in presidential race after firing her entire 2020 campaign staff
(DBN)

Sanders bashes Biden's record: "It’s just a lot of baggage"
(DBN)

Trump doubled his tweets in 2019
(DBN)

Backlog of toxic Superfund cleanups grows under Trump
(DBN)

'What the hell were you thinking?': Trump berated White House staff for not telling him Putin was trying to call him
(DBN)

____________

Climate:

2019 was likely the second-hottest year in recorded history
(DBN)

Why it’s so damn hot in Australia Photos: What Australia’s devastating fires look like on the ground Some flee, others restock before Australian wildfires worsen Australians heckle prime minister after he curtails visit to families devastated by wildfires This weekend may bring Australia its most dangerous fire weather conditions yet Australia Wildfire Map Update Australian Navy Begins Mass Evacuations
(DBN)

Australian Wildfires Are Impacting Close to Half a Billion Mammals, Birds and Reptiles: Report
(DBN)

Wave of Blazes Strains Firefighting Network Across Globe
(DBN)

The signal of human-caused climate change has emerged in every day weather, study finds
(DBN)

Bezos Threat: Don't Talk Of Climate Change
(DBN)

____________

Publishing:

Piecemeal sell-off of bankrupt Johnson Publishing Co. continues with art auction Johnson Publishing art auction marks final chapter for Chicago-based African American media empire
(DBN)

____________

Taxis:

Thousands Of Rideshare Drivers In US Reportedly Not Getting Paid
(DBN)

____________

Trucking:

GDS Express Files For Bankruptcy After Abrupt Pre-Christmas Shutdown
(DBN)

____________

Mass Torts:

As window for sex-abuse lawsuits opens, alleged victims begin filing against Catholic Church and Boy Scouts
(DBN)

____________

Biofuels:

Bunge sells stake in U.S. ethanol plant as biofuels industry struggles
(DBN)

____________

Fraud:

December 2019 Ponzi Scheme Roundup
(DBN)

Bankrupt Auditing Firm Skirts Suit Over Decade-Old Fraud
(DBN)

Lori Loughlin Learning Prison Lingo
(DBN)

Insider-Trading Prosecutions Get Easier With Court Ruling
(DBN)

Swiss Firm in Panama Papers Charged in Transatlantic Stock Scam
(DBN)

____________

Economy:

Weekly Initial Unemployment Claims at 222,000 U.S. jobless claims drop to four-week low in tight labor market
(DBN)

Midwestern manufacturing improved in December but is still contracting
(DBN)

Visualizing 90 Years of U.S. Economic Growth, in One Chart
(DBN)

U.S. consumer comfort rises to five-month high on economic views
(DBN)

Corporate Debt Issuers To Kick Off Sales With Up To $35 Billion
(DBN)

S&P Takes Most Bearish Stance on U.S. Corporate Debt Since 2009
(DBN)

Proportions of U.S. Employees in the Private Service Sector and Government Since 1939 Proportions of U.S. Employees in Construction, Mining and Logging and Manufacturing Since 1939
(DBN)

Somebody Stopped Paying Their Social Security Taxes Today
(DBN)

The Best and Worst Performing Sectors in 2019
(DBN)

Trump's China Agreement is a Fake Deal
(DBN)

Bill Gates called for higher taxes on the wealthy in a New Year's Eve blog post
(DBN)

The decade of 'millennials killing' things has come to an end, but it wasn't the generation's fault in the first place
(DBN)

Seattle passed a $15 minimum wage law in 2014. Here's how it's turned out so far
(DBN)

Minimum wage increases fueling faster wage growth for those at the bottom
(DBN)

Recent surveys show sharp decline in retirement wealth for typical household
(DBN)

The 2010s saw a fall in the number of American kids
(DBN)

Growth and Decline: Visualizing U.S. Population Change by County
(DBN)

Grim repo: how the Fed plans to return crucial market to normal
(DBN)

Caregiving, labor, job search, and leisure: The time use of prime-age adults
(DBN)

Prediction Consensus: What the Experts See Coming in 2020
(DBN)

Trump's Tax Cut Has Failed Most Of Us
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

Mortgage rates ease heading into 2020
(DBN)

Competition for housing is so high, the spring market is starting now
(DBN)

Americans are cashing-out home equity with higher rates
(DBN)

Fraud risk on purchase mortgages climbs for the first time since March
(DBN)

Freddie Mac: Mortgage rates start 2020 well below last year's average
(DBN)

Where will the hottest housing markets be in 2020? Go south
(DBN)

America’s love affair with the single-family house is slowly cooling
(DBN)

The conundrum affordable housing poses for the nation
(DBN)

FHA, Fannie Mae, Freddie Mac are all now backing larger loans
(DBN)

____________

Municipalities:

Illinois Spent the Last Decade Losing Population and Learning Nothing
(DBN)

People couldn’t wait to leave this state in 2019
(DBN)

Americans are Flocking to Texas
(DBN)

Americans Are Flocking to Idaho
(DBN)

Nine States Face Economic Contraction, Most Since 2009 Crisis
(DBN)

Pete’s Puerto Rico Problem
(DBN)

The Puerto Rican Flag’s Evolving Colors Say a Lot About the Island’s Relationship With Its Colonial Rulers
(DBN)

Puerto Rico's Population Grows For First Time In 15 Years
(DBN)

Stay and mediation on Puerto Rico’s central debt extended
(DBN)

____________

Oil/Gas:

A Sabine Alternative: Colorado Bankruptcy Court Holds Midstream Gathering Agreement Constitutes Covenant Running with the Land that Cannot be Rejected
(DBN)

The energy sector may see bankruptcies, restructuring: Investor
(DBN)

The decade's biggest unexpected boom
(DBN)

Denmark generated almost half of its electricity from wind in 2019
(DBN)

Alta Mesa gets $310M bankruptcy offer
(DBN)

Oil prices surge as US confirms that Iran’s top commander was killed in airstrike Oil prices ‘could make a run at $80’ if US-Iran conflict intensifies, analysts say Why oil could hit $80 even without a ‘full-blown’ U.S.-Iran war
(DBN)

___________

E-Cigarettes:

Trump administration imposed ban on some, but not all, vaping flavors in retreat on earlier plan
(DBN)

____________

Personal Finance:

These 2 charts show how millennials and Gen Zers need completely different things to love their jobs
(DBN)

____________

Pharma:

Antibiotics Developer Plans Ch. 11 Sale To Escape $213M Debt
(DBN)

Drug price hikes are back for 2020
(DBN)

Drug Costs Sky High in America Due to Greed
(DBN)

Melinta files for bankruptcy in another dark day for antibiotics
(DBN)

True Cause of America's Opioid Crisis
(DBN)

____________

Healthcare:

Americore Health Files for Bankruptcy
(DBN)

With no patients to see, Ellwood City hospital parent files for bankruptcy
(DBN)

Payroll delayed for St. Alexius Hospital employees following bankruptcy filing
(DBN)

Hospital group mum as members pursue patients with lawsuits and debt collectors
(DBN)

Study: Hospital mergers don't improve quality of care
(DBN)

U-Haul to stop hiring smokers
(DBN)

The Family Wanted a Do Not Resuscitate Order. The Doctors Didn’t.
(DBN)

Church pays off $1.6M in medical debt
(DBN)

____________

Utilities:

Jurisdiction over Rejection of Power Purchase Agreements—Confusion Continues
(DBN)

The Sixth Circuit Sets Standard on Power Struggle at Play in Bankruptcy Proceedings Between a Federal Agency and its Federally Endorsed Contracts and the Bankruptcy Court
(DBN)

PG&E rate case compromise cuts $1.1B proposal to $575M for wildfire mitigation
(DBN)

____________

Personal Finance:

Returning Christmas presents? Do it before these deadlines at Apple, Amazon and Walmart
(DBN)

3 Lies Financial Advisors Tell
(DBN)

____________

Food/Beverage:

Restaurant Performance Index rose to an 8-month high
(DBN)

Food prices for dining out vs. staying home
(DBN)

Jamie Oliver Restaurant Group creditors to suffer 'significant shortfall'
(DBN)

____________

Student Debt:

Ways You Can Actually Get Your Student Loans Forgiven Today
(DBN)

Student loan debt, the housing market and a plan that could get us out of this mess
(DBN)

____________

Hotels:

Debt-ridden Doral Arrowwood resort could be shut down by Jan. 12
(DBN)

____________

Guns:

Firearms manufacturer Sharps Rifle Company files for bankruptcy
(DBN)

____________

Aviation:

2019 Wasn’t Boeing’s Worst Year. Not Even Close.
(DBN)

____________

Pensions:

Cash-Strapped Publisher McClatchy Skips Payment to Pensioners
(DBN)

____________

New Bankruptcy Opinions
(3 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (4 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (22 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 Statistics:

2019 Busiest Year For Ch. 11s Since 2015
(DBN)

Weekly Bankruptcy Claims Trading Activity
(DBN)

______________

SCOTUS:

Supreme Court Set to Hear Passive Stay Violation Case
(DBN)

____________

Automatic Stay:

Extending the Stay to Third Parties: Sometimes a Bankruptcy Court Will Intercede
(DBN)

____________

Miscellaneous:

R&I Alert
(DBN)

2019 Bankruptcy Year in Review: What We Have Seen and What to Expect in 2020
(DBN)

Happy New Year: The Best of 2015-2019
(DBN)

____________

Priority Claims:

Distinguishing Domestic Support Obligations from Property Settlement Debts: Comparative Opinions
(DBN)

____________

Trustees:

Bankruptcy Courts Don’t Need to Hold an Evidentiary Hearing in Order to Appoint a Chapter 11 Trustee
(DBN)

Ch. 13 Trustee: Politics For Dummies, 3rd Edition
(DBN)

____________

Classification:

Claim Treatment or New Investment?
(DBN)

____________

Avoidance Actions:

Fifth Circuit Restricts Double Recovery in Fraudulent Transfer Action
(DBN)

____________

Professional Compensation:

Creditors may be losing out on millions in compensation nationwide as law firms turn their accounting departments into "profit centers
(DBN)

____________

Religion:

The Rochester diocese's unique case
(DBN)

Abuse Survivors Getting Closer to Compensation from New Ulm Diocese Clergy abuse victims set to vote on settlement
(DBN)

Lawsuits pour in as new California law opens window for bringing old child sex abuse claims
(DBN)

____________

Autos:

Top 10 states for 30-day delinquency in Q3
(DBN)

Ride-sharing of the future
(DBN)

____________

Education:

Did Wealthy Parents Use Magnet Schools to Game College Admissions?
(DBN)

Moody’s Upgrades American Colleges
(DBN)

____________

Newspapers:

McClatchy freezes some pension benefits
(DBN)

____________

Retailing:

Bite the dust Another Day: How Some Failed or Bankrupt Retailers Are Coming After to Life
(DBN)

Toms Shoes creditors take ownership of the company
(DBN)

UPS expects a record-breaking 2 million package returns today, and it reveals a dark truth about holiday shopping
(DBN)

Is This The Beginning Of Amazon’s Meltdown?
(DBN)

What to expect in 2020 — what not to expect
(DBN)

Nearly half of consumers would pay more for a better shopping experience
(DBN)

Millennials support socialism because they want to make America great — but for everyone
(DBN)

Bankruptcies hit the retail sector hard in 2019
(DBN)

It's A Sad Day For My Hometown Mall
(DBN)

Struggling Fairway Market again prepares bankruptcy filing
(DBN)

My 2019 Retail Predictions: How’d I Do?
(DBN)

Is The Sears Death Watch Entering Its Final Stages?
(DBN)

____________

UK:

Brexit Fears Are Driving Migrants To Make Dangerous Journeys To Britain Before Its Borders 'Close'
(DBN)

Broke Katie Price begs fans to fork out £80 to 'check out her banter' at makeup masterclass
(DBN)

Year-End Fall In Insolvency Risk For Majority Of North East Industry Sectors
(DBN)

Lendy administration “more complex than first realized” as costs hit £1.7m
(DBN)

____________

PIIGS:

Bankrupt Sean Dunne pays $9,330 US court fine to progress appeal
(DBN)

____________

Canada:

More Canadians are filing for insolvency than we’ve seen since the financial crisis. What’s going on?
(DBN)

Mounting debt levels cast a long shadow
(DBN)

____________

MENA:

After violent protests, Pentagon says that anyone who tries to overrun the US embassy in Baghdad will 'run into a buzzsaw' The Damage to the US Embassy in Iraq Defense secretary says Iran and its proxies may be planning fresh attacks on U.S. personnel in Iraq Attack on US Embassy exposes widening US-Iraq divide on Iran First wave of 750 US paratroopers leaves for the Middle East in response to attack Iranian general warns he is not afraid of war Attack on U.S. Embassy in Baghdad underscores America’s polarization — and peril U.S. Strike Kills One of Iran’s Most Powerful Military Leaders Killing Suleimani Changes the Game in the Middle East Iran vows to retaliate over the killing of its top military commander US Braces for Iran's Retaliation Grisly New Chapter in Middle East Opened Fears of War Rise After US Kills Suleimani ‘Dangerous escalation’: World reacts to US killing of Qasem Soleimani US Embassy urges Americans to flee Iraq ‘immediately’ following Soleimani killing Op-Ed: America just took out a man many consider the world’s no. 1 bad guy Republicans celebrate death of Qasem Soleimani Iran has vowed revenge on the US after Trump's airstrike killed its top military commander. Here's how it could do it Trump tweets predicting Obama would start a war with Iran to get re-elected are coming back to haunt him
(DBN)

The saga of Iraq's debts
(DBN)

____________

Japan:

Carlos Ghosn’s American Lawyers Suddenly at a Loss for Words After an Escape for the Ages Former Nissan boss Carlos Ghosn somehow fled Japan under intense surveillance. Here are all the theories surrounding his escape, from paid-off airport employees to musical instrument cases A timeline of how Carlos Ghosn fled 24/7 surveillance in Japan, escaped on a private jet, and made it to Lebanon Turkey detains 4 pilots suspected of helping Carlos Ghosn flee Japan Carlos Ghosn: Music Lover Carlos Ghosn Joins Ranks of Big-Time White-Collar Fugitives Why Carlos Ghosn may escape extradition from Lebanon Ghosn Might Not be That Safe in Lebanon Escape from Japan: A TV Movie? Carlos Ghosn: Interpol red notice out for ex-Nissan boss Prior To Carlos Ghosn’s Daring Escape, His Wife Talked Of Japan’s ‘Fake Democracy’ Carlos Ghosn Has Tales to Tell and Scores to Settle Turkish company says jets used illegally in Ghosn escape What's known and not known about Ghosn's case after escape Carlos Ghosn was reportedly interested in making a Hollywood movie about his life Carlos Ghosn's escape ramps up pressure on foreign suspects as well as Japanese justice system Ghosn Getaway Jet’s Other Job: Ferrying Venezuelan Gold
(DBN)

____________

India:

Jet Airways lenders give time till January 15 for submission of EoIs
(DBN)

Bad loan provisioning may swell by Rs 30,000 crore in Q3
(DBN)

Will the bankruptcy code be more effective?
(DBN)

Suzlon to Offer India Banks 68% Haircut on Debt Recast Deal
(DBN)

____________

Netherlands:

Hudson’s Bye: Canadian group’s Dutch adventure ends in bankruptcy
(DBN)

____________

Mexico:

U.S. consulate warns employees as gun battles rock Mexican border city
(DBN)

____________

France:

France protests: Longest strike in decades stuck in deadlock
(DBN)

____________

Argentina:

Argentina issues Treasury Bills, subscribed by the Central bank, to pay creditors Argentina's Fernandez says social pact sends 'strong message' to IMF, creditors
(DBN)

____________

China:

China's Largest Potash Producer Fails in Fifth Bid to Raise Funds
(DBN)

____________


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