January 30, 2020

The Daily Bankruptcy News

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3-Column Formating

 

Law:

Jones Day Argues That Everyone’s Happier Not Knowing They’re Underpaid
(DBN)

A 59-Year-Old Law School Graduate Is Not Allowed To Become A Lawyer While She And Her Husband Owe $900,000 In Student Loans
(DBN)

The Politics-Driven Law School Application Increase Continues Law Schools Still Benefiting From The Chaotic Political Climate
(DBN)

Ex-Moses & Singer Partner Says Firm Forced Him to Borrow Money, Then Fired Him
(DBN)

Defendant shows his support for pot legalization in court, leading to new drug charge
(DBN)

Law Firms Need To Be Better To Job Candidates
(DBN)

Former Harvard Law School Colleagues Make The Best Political Enemies
(DBN)

8 habits of incredibly interesting people, from Oprah to Warren Buffett
(DBN)

Harvey Weinstein accuser says he assaulted her in 2004, and offered movie parts if she would . . . Former roommate of Harvey Weinstein accuser corroborates alleged sexual assault in 2006 Harvey Weinstein Sold $60 Million Worth Of Real Estate Right Before His Life Exploded Harvey Weinstein’s Casting Couch Could Save Him—or Send Him to Prison Weinstein fumed "this is how the industry works," accuser says Actor Dawn Dunning Testifies Against Harvey
(DBN)

Dems use Starr's own words to contradict Trump administration in pending lawsuit
(DBN)

Former Federal Prosecutors Question DOJ’s ‘Really Odd’ Reversal on Flynn Sentencing
(DBN)

Shepardize
(DBN)

Bill Barr Must Want to be Vice President
(DBN)

Trump ‘Either Lying or Confessing’ to Endangering National Security in Bolton Tirade: Law Profs
(DBN)

Avenatti Driven by Greed in Bid to Extort Nike, Jury Told
(DBN)

Dershowitz says quid pro quos directed at reelection cannot be impeachable The One Word Alan Dershowitz Gets Wrong in the Impeachment Clause 3 years ago, Alan Dershowitz said Trump would be a corrupt president. Now he's part of his impeachment defense team Yes, Abuse of Power Is Impeachable
(DBN)

White House budget lawyer has pushed legal limits for Trump
(DBN)

Dylann Roof's lawyers appeal death sentence for Charleston church massacre
(DBN)

Trump Reignites Claim Mexico Will Be Paying For His Border Wall: 'Soon You Will Find Out'
(DBN)

Democrats urge court to block rule on detaining migrant families
(DBN)

Sections of US Border Wall Fall Over in High Winds
(DBN)

Agents uncover longest smuggling tunnel ever found at southern border
(DBN)

After Massive Pro-Gun Rally, Virginia Democrats Advance Slew of Gun Control Measures
(DBN)

Sanctions upheld against lawyer accused of billing for work done after his client fired him
(DBN)

Defendant shows his support for pot legalization in court, leading to new drug charge
(DBN)

Does MTV’s ‘True Life: Crime’ pass the ‘true crime’ test?
(DBN)

In husband’s trial, judge allows evidence from slain wife’s Fitbit
(DBN)

Ex-lawyer charged with fraud after collecting money from inmate for fake bribe scheme
(DBN)

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Judges:

Roberts's role now less substitute teacher, more judge
(DBN)

Law Deans Implore Federal Judges to Follow Law Clerk Hiring Plan
(DBN)

Judge should be ousted after asking woman whether she closed her legs to prevent rape, judicial panel says
(DBN)

Immigration judges are leaving because the job is ‘unbearable,’ union says
(DBN)

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Wall Street:

Dow set to drop 200 points as coronavirus death toll rises, Facebook shares tumble
(DBN)

Stocks close little changed after Fed decision
(DBN)

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Layoffs:

Lyft is reportedly planning job cuts and a big reorg, ahead of its earnings report
(DBN)

Waymo pilot with UPS hints at future autonomous truck plan
(DBN)

Layoffs hit Walmart's Allswell brand
(DBN)

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Politics:

GOP strains to contain Bolton fallout in impeachment trial Republicans increasingly confident they'll sink witness vote Iowa Newspaper Pressures State's GOP Senators Joni Ernst and Chuck Grassley to Support Calling Impeachment Trial Witnesses The GOP senators signaling support for witnesses following Bolton report Manchin says he believes Hunter Biden is relevant impeachment witness The White House reportedly threatened John Bolton to stop him from publishing his book Trump's legal team has multiple arguments against impeachment. Letting the voters decide is the latest rationale Florida Rep. Val Demings has an American dream. The impeachment trial is testing it How impeachment could flip the Senate GOP quickly adopts talking points from Dershowitz's impeachment speech Donald Trump security officials threaten to block publication of John Bolton's book White House says Bolton book contains top secret information Rudy Giuliani Says He May Be A Witness In Donald Trump's Impeachment Trial, Will Testify With White House Approval During question time, both sides will press lawyers on their roles, actions Senators ask questions at Trump trial amid split in GOP over witnesses Top Democrat reveals private call with Bolton that contradicts Trump claims White House may have little chance of blocking Bolton testimony Impeachment Trial Day 8: The Takeaways If the Senate Doesn't Hold Trump Accountable, the Damage Will Go Far Beyond This Presidency Top 5 Moments During Impeachment Trial Grilling of Trump Legal Team and House Managers
(DBN)

President Trump is hiding the modern-day Nixon tapes
(DBN)

Trump: "We would be in World War Six by now" with Bolton
(DBN)

Sanders campaign predicting victory in Iowa caucuses Andrew Yang says supporters may go to Sanders in Iowa caucus Sanders defines a Jewish identity his way on the 2020 trail Sanders surge worries some Democrats, but they fear a push to stop him would backfire More Voters Believe Bernie Sanders Is the Most Honest Candidate Of All Democratic Contenders, Poll Finds
(DBN)

The Iowa nuns who could help Biden win Iowa
(DBN)

Michael Bloomberg Voter Support Grows, Surpassing Pete Buttigieg, New Poll Finds Mike Bloomberg’s Super Bowl ad focuses on gun control
(DBN)

Trump is presiding over 'the biggest strategic defeat for the United States since the early days of World War II' as European allies ignore his threats and back Huawei
(DBN)

Warren issues new disinformation pledge, promising to hold Facebook, Google and Twitter responsible
(DBN)

Health care and abortion are the top issues being searched in Iowa
(DBN)

Documents released that prompted ouster of lawmaker
(DBN)

Nine months before Election Day, three dozen House members heading for the exits
(DBN)

Election Meltdown a Real Possibility in 2020
(DBN)

The Humbling of Democrats in Texas
(DBN)

____________

Movie Theaters:

Goodbye, MoviePass. The discount movie service seeks bankruptcy MoviePass Parent Company Files for Bankruptcy MoviePass is deader than ever as parent company officially goes bankrupt MoviePass, Parent Helios Seek Bankruptcy Protection Bankrupt MoviePass says it's under 'pending' investigation by the FTC, SEC, California DA, and New York AG MoviePass may owe money to 12,000 subscribers as it files for bankruptcy liquidation MoviePass and Parent Company Helios and Matheson File for Bankruptcy MoviePass Owner Files For Bankruptcy While Disclosing State And Federal Investigations MoviePass just accidentally doxed 12,000 former subscribers in its bankruptcy filing
(DBN)

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Dairy:

If You Drink Milk, Thank Big Government
(DBN)

____________

Agribusiness:

Ky. hemp companies face bankruptcy as ‘bureaucratic paralysis’ plagues industry
(DBN)

____________

Jewelers:

Following Exposé, De Grisogono Files for Bankruptcy
(DBN)

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Economy:

FOMC Statement: No Change to Policy Fed leaves interest rates at historically low levels Fed Leaves Interest Rates Unchanged as Low Inflation Persists Fed Holds Main Rate as Powell Stresses Need to Hit 2% Inflation
(DBN)

The Federal Reserve has a hefty 2020 'to do' list
(DBN)

Good and Terrible Durable Goods Report
(DBN)

Seniors deal with the harsh reality of debt
(DBN)

Is America's low estate tax to blame for wealth inequality?
(DBN)

Fed GDPNow latest forecast: 1.7 percent
(DBN)

Fourth quarter GDP could show economy entered a slower growth patch at year-end
(DBN)

Trump's super-charged GDP growth proves elusive
(DBN)

UPS Profit Forecast Falls Short of Estimates on Global Weakness
(DBN)

Fed member pushes back on Trump's deregulation push
(DBN)

The bond market is starting to get worried about a recession again
(DBN)

Philly Fed: State Coincident Indexes increased in 37 states in December
(DBN)

Intellectual property is key to the trade dispute between the US and China
(DBN)

Trump signs revised NAFTA, fulfilling campaign pledge as impeachment scandal unfolds Trump Signs Toxic NAFTA 2.0
(DBN)

In trade wars, you can't always get what you want - but you just might get what you deserve
(DBN)

Germany: Huawei Colluded with China Intel US is Losing the Fight Against Huawei EU Supports Huawei Use for 5G Too Huawei's trial by "what if"
(DBN)

America's 15 richest women, ranked
(DBN)

Horowitz: Congressional Budget Office projects trillion-dollar deficits indefinitely
(DBN)

The Trouble Ahead for Federal Trust Funds
(DBN)

Study Says Foxconn Deal Cost Wisconsin $20 Billion in Lost Economic Growth
(DBN)

Democrats $760Bn Infrastructure Plan
(DBN)

90% of Americans say money impacts their stress level
(DBN)

The Parental Leave Boomlet in the U.S. Is Leaving Women Behind
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

December pending home sales fall 4.9% as supply hits a record low NAR: "Pending Home Sales Skid 4.9% in December"
(DBN)

Zillow Case-Shiller Forecast: House Price Gains "Primed for an Upswing"
(DBN)

New housing data badly misses estimates, clouding the US economic outlook
(DBN)

MBA: Mortgage Applications Increased in Latest Weekly Survey Weekly mortgage applications surge over 7% as rates fall on coronavirus fears
(DBN)

38-Acre-Property On The Iconic Las Vegas Strip Goes To Bankruptcy Auction
(DBN)

____________

Municipalities:

Delay sought for hearing on Puerto Rico electric utility debt restructuring
(DBN)

Mayors: Water tops city infrastructure needs
(DBN)

San Francisco's Market Street is Now Car Free
(DBN)

____________

Oil/Gas:

Mach Resources, partner, pick up valuable assets in the STACK through bankruptcy sales
(DBN)

The case for electric trucking
(DBN)

Webb County's oil and gas revenue set to fall dramatically, facing $7-8M shortfall
(DBN)

Bankrupt Alta Mesa assets sold for $320M
(DBN)

Oil Traders Brace for Asian Refining Cuts as Virus Bites
(DBN)

____________

Healthcare:

Tears, fear and panic grip China as coronavirus spreads U.S. warned to prepare for worst on coronavirus Coronavirus live updates: China says death toll hits 170, while India reports first case China looms large in Apple's earnings report amid coronavirus outbreak White House tells airlines it may ban China-U.S. flights amid coronavirus threat China confirms coronavirus cases in all regions Cruise ship quarantined over coronavirus fears - 6,000 passengers stuck on board Coronavirus: China has quarantined 50 million people. Experts worry that might backfire As coronavirus spreads, so does online misinformation China first quarter growth may dip below 5% as virus spreads: government economist The Market Is Trying to Put a Price on the Coronavirus Outbreak WHO to reconsider declaring global emergency as China virus evacuations begin How Contagious is the Coronavirus? 16 airlines have canceled flights to China amid coronavirus fears Here’s Every State And Country With A Confirmed Coronavirus Case Supply Of 5-Gallon Water Jugs In Question Confined at home, Chinese get creative to beat boredom Photos: Empty shelves inside a Wuhan Walmart Coronavirus Outbreak Tests World’s Dependence on China Experts debunk fringe theory linking China's coronavirus to weapons research Coronavirus outbreak possible in major tourist centres Japan tourism company faces 20,000 cancellations from coronavirus outbreak Coronavirus hits tourism in China, Japan and Thailand 'hard,' costing billions Coronavirus spread followed closely by Las Vegas tourism industry Tourism industries suffer amid coronavirus outbreak: 'China is a critically important market' Multinational firms scramble to deal with coronavirus fallout in China as economic impact mounts Fears of coronavirus infection have university officials responding quickly In coronavirus outbreak, China's leaders scramble to avert a Chernobyl moment Unknowns complicate U.S. coronavirus response Coronavirus Breakthrough As 2019-nCoV Is Grown in Lab Outside China for First Time: 'Game Changer' Students studying in China told to return to D.C. area as coronavirus spreads 'People Are Afraid': Eerie Footage Shows How Coronavirus Outbreak Has Left Wuhan Streets Deserted Starbucks closes 2,000 Chinese branches Coronavirus: Asians hit back at racism with 'I'm not a virus' Fear in the age of coronavirus: Chinese no longer welcome
(DBN)

Trump administration to offer states Medicaid block grant option
(DBN)

One Democrat's Health Plan Will Save the Government Money
(DBN)

Donald Trump Is Not a Doctor. But He Plays One on Twitter.
(DBN)

Appeals Court Won't Strike Down Obamacare
(DBN)

U.S. life expectancy rises slightly
(DBN)

The U.S. suicide rate is exceptionally high among wealthy nations
(DBN)

____________

Labor:

Longshore Union, Which Handles West Coast Containers, Could Face Bankruptcy
(DBN)

____________

Tech:

Juno Ch. 11 Plan 'Puzzle' Is Missing Pieces, US Trustee Says
(DBN)

Facebook to Pay $550 Million to Settle Facial Recognition Suit
(DBN)

____________

Newspapers:

Warren Buffett gives up on newspapers Warren Buffett’s Berkshire Hathaway to sell newspaper business for $140 million Warren Buffett said newspapers were going to disappear. Now he's disappearing from the industry.
(DBN)

Meet the Reporters Seeking Wealthy Buyers for Their Newspapers
(DBN)

What Happens When the News is Gone?
(DBN)

____________

Dairy:

Talk of Milk Industry Merger Draws Justice Dept. Scrutiny
(DBN)

____________

Distressed Investing:

If Value Stocks Are Toxic, Why Aren’t Junk Bonds?
(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 (9 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (263 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)

______________

Miscellaneous:

Commercial bankruptcy practice in the US today: Chapters 11 and 15
(DBN)

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Litigation:

Litigation Funders Call on Big Law to Collect Global Judgments
(DBN)

Don’t Lose a Motion With These Too-Common Mistakes
(DBN)

____________

Utilities:

PG&E and Governor Newsom at odds over bankruptcy plan California Governor Reiterates State Takeover Is an Option for PG&E Newsom says PG&E ‘no longer exists,’ doubles down on state takeover ‘California is poised to take over’: Gov. Gavin Newsom addresses PG&E bankruptcy negotiations
(DBN)

Newsom Highlights Wildfire Prevention Efforts Amid Shrinking Federal Help
(DBN)

PG&E Continues Chapter 11 Progress by Securing More Than Two-Thirds Support for Noteholder Restructuring Support Agreement
(DBN)

Lawmakers demand more accountability from PG&E for role in starting wildfires
(DBN)

Fire Victims Join PG&E to Oppose Multibillion-Dollar Securities Fraud Claim
(DBN)

____________

Aviation:

Boeing posts first annual loss in more than two decades as 737 Max crisis drags on Losses from Max grounding continue, as Boeing reports another dismal quarter Boeing's 737 Max Crisis Now $19Bn in Losses
(DBN)

‘My stomach turned’ — Boeing CEO outraged by internal 737 Max messages before deadly crashes
(DBN)

China-U.S. Air Traffic Is In Free-Fall
(DBN)

Southwest flew 17 million passengers on planes with unconfirmed maintenance records
(DBN)

Colombia's Avianca restructuring going well, executives say, ruling out bankruptcy
(DBN)

South African Air to Cancel, Consolidate Some Scheduled Flights
(DBN)

____________

Retailing:

Does Pier 1 still have time to save itself?
(DBN)

Lucky’s Market founders to acquire remaining stores
(DBN)

Winn-Dixie parent interested in buying Lucky's Market leases in Florida
(DBN)

Nordstrom enters burgeoning used-clothes business
(DBN)

Stage Stores hires financial advisers amid off-price conversion Stage Stores Betting The Company On Gordmans Off-Price Format
(DBN)

Slashing food stamps hurts the poor. It also hurts their supermarkets
(DBN)

Photos of mall food courts show the steady decline of the American mall
(DBN)

Why have two Bryn & Dane’s locations closed?
(DBN)

____________

Climate:

The Guardian ends advertising from fossil fuel companies because of climate change
(DBN)

House Democrats show more climate cards with infrastructure package
(DBN)

Why Big Central Banks Are Becoming Climate Warriors
(DBN)

Pacific So Acidic It's Dissolving Crab Shells
(DBN)

Faced with high smog levels, Milan to ban cars on Sunday
(DBN)

____________

Autos:

Tesla posts first annual profit Tesla Racks Up Another Year of Losses Tesla soars as bearish analysts left with little to highlight
(DBN)

UK Automakers' Production Fell in 2019
(DBN)

____________

Religion:

Credibly Accused
(DBN)

Seattle Archbishop will meet with Catholics who want commission on abuse
(DBN)

Catholic Leaders Promised Transparency About Child Abuse. They Haven’t Delivered.
(DBN)

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Fraud:

The real ‘Catch Me If You Can’ con artist says every scam involves these red flags
(DBN)

____________

UK:

The Insolvency Service newsletter: Winter 2020
(DBN)

Katie Price ‘charging fans £50 for selfies’ amid bankruptcy woes
(DBN)

Tears and cheers as EU lawmakers give final nod to Brexit Brexit Was Always an Existential Crisis
(DBN)

Bank of England opts against a rate cut but warns of slow growth after Brexit
(DBN)

____________

PIIGS:

ie: Personal insolvency practitioner who gave 'misleading' information penalized by court
(DBN)

____________

Canada:

Looming insolvency is a threat to almost half of Canadians – survey
(DBN)

Unpaid bills: Are rural Albertans growing tired of carrying the freight for delinquents in the oilpatch?
(DBN)

____________

Argentina:

Argentina debates debt restructuring, reawakening old fears
(DBN)

____________

MENA:

How the Middle East Is Reacting to Donald Trump's Israeli-Palestinian Peace Plan The Real Goal of Trump’s Middle East Plan
(DBN)

____________

Mexico:

Mexican economy suffers first contraction in a decade in 2019
(DBN)

____________

South Africa:

Eskom Warns of New Round of Unplanned Blackouts 
(DBN)

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