January 6, 2020

The Daily Bankruptcy News

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Law:

Despite Growth, Report Warns Market Shifting for Law Firms
(DBN)

Taft, Lathrop GPM Officially Tie the Knot, Kicking Off 2020 Law Firm Mergers
(DBN)

Apple General Counsel Adams Earned $25.2 Million in 2019
(DBN)

Ghosn’s Japan Lawyer Plans to Resign After Client Flees
(DBN)

Jones Day names 34 new partners
(DBN)

AI Fears Subside: Most See Fundamental Change, But Not Job Loss
(DBN)

Elite Law Firms Are Quietly Outsourcing High-Value Functions. How Far Will They Go?
(DBN)

I am Harvard Law's first deafblind graduate. Here's what college is like for students with disabilities
(DBN)

J.Lo Helps Kim Kardashian Study For Law School, As One Does
(DBN)

Rev. Al Sharpton Calls Out Skadden
(DBN)

ATL Holiday Card Contest: The Winner! (2019)
(DBN)

Faraday & Future Sued by Ex-Top Lawyer Poached From Mayer Brown
(DBN)

DOJ: Congress Can Never Litigate Against the President in Federal Court
(DBN)

Dems Tell Federal Court: Mueller Grand Jury Materials Could Lead to Third Article of Impeachment
(DBN)

Trump Asks Judge to Dismiss Rape Case
(DBN)

Was it legal for Donald Trump to order the killing of a top Iranian general?
(DBN)

The conspiracy theories behind the anti-Semitic violence in New York
(DBN)

Acts of Violence Are on the Rise, Everywhere
(DBN)

U.S. begins sending asylum seekers back across Arizona border How Trump Created a New Global Capital of Exiles
(DBN)

Could the strike on an Iranian general trigger a draft? The Selective Service, explained.
(DBN)

‘Bluff City Law’ takes on the ‘American epidemic’ of opioid abuse
(DBN)

60 Minutes investigates the death of Jeffrey Epstein
(DBN)

Weinstein Attorney Says Accuser Annabella Sciorra "Has Spent an Entire Life Acting for a Living" Harvey Weinstein addresses his pending criminal trial Weinstein trial begins with film producer facing up to life in prison
(DBN)

GirlsDoP--- Vultures Hit With $13M Verdict For Preying On Young Girls
(DBN)

Affluenza Patient Zero Sees If Medical Marijuana Will Cure Him — It Didn’t
(DBN)

They Promise to Help Families of Fallen Officers. but They’re Mostly Paying Telemarketers
(DBN)

Why Is It So Hard for Politicians to Be on the Right Side of the Central Park Five Case?
(DBN)

A 9-Year-Old Girl And Her Father Were Mistakenly Killed By Fellow Deer Hunters
(DBN)

Oklahoma Teen Killed as Payback for STD
(DBN)

David Epstein’s ‘Range’ Is Mana For Law Students, Lawyers, And Judges Concerned With Attorney Overspecialization
(DBN)

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Judges:

Trump Renominates 11th Circuit Pick as Senate Returns for 2020
(DBN)

Judge Kozinski Accuser Faces New Fight With Romance Writers of America
(DBN)

DOJ Tells 'Unelected And Unaccountable' Judges To Stay Out Of Fight for McGahn Testimony
(DBN)

Lawyer Scolded by US Appeals Court Faces $73K Legal-Fee Sanction
(DBN)

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Wall Street:

U.S. Stock Index Futures Fall as Mideast Tensions Hurt Sentiment
(DBN)

Stocks Close Lower Following Geopolitical Tension With Iran
(DBN)

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Layoffs:

Bankruptcy Job Losses Soar Along With Stock Market Gains
(DBN)

Railroads cut workers as industry automates, implements cost-cutting strategies
(DBN)

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Religion:

Church offers little outreach to minority victims of priests
(DBN)

Methodist church proposes plan to split over LGBTQ inclusion
(DBN)

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Politics:

These GOP senators could break the stalemate in Trump’s impeachment trial McConnell: Senators' impeachment role is "nothing like the job of jurors in the legal system" Mitch McConnell rejects Nancy Pelosi’s influence on impeachment trial as a ‘nonstarter’ McConnell, Democrats signal they’re still at impasse on Trump’s impeachment trial in Senate Support for Trump's Removal Grows Graham wants to start Trump impeachment trial in days: 'We need to take matters in our own hands' "No decision made" by Pelosi on sending impeachment articles Escalating U.S.-Iran tensions scramble politics of impeachment Impeachment sneak peek: Hawley's plan for dismissal
(DBN)

Federal judge rules indicted Giuliani associate Lev Parnas can give records to Schiff committee
(DBN)

Giuliani mixed White House role, personal cybersecurity business
(DBN)

The House of Representatives may not be done impeaching Trump
(DBN)

Trump Tells Congress to Follow His Tweets
(DBN)

In 'Abuse of FOIA Process,' White House Blocked Release of Court-Ordered Ukraine Emails
(DBN)

Fox News' Tucker Carlson slammed 'chest-beaters' for 'choosing' conflict with Iran over US problems, but he didn't call out Trump
(DBN)

2024 lookahead poll: GOP voters eye Trump dynasty
(DBN)

The dominant Democrat of the Trump era
(DBN)

Warren Says People Wonder if Iran Strike Meant As a Distraction Iran Situation Casts Buttigieg in New Light
(DBN)

Ahead of the Iowa caucuses, 2020 Democratic candidates announce strong fourth quarter fundraising Sanders leads in fourth-quarter fundraising, followed by Buttigieg, Biden and Warren Poll: Sanders surges in early states as Warren falters
(DBN)

Judge Judy will join Bloomberg on campaign trail
(DBN)

Could a congressional amendment have stopped Trump from striking against Iran? Democratic Senator Introduces War Powers Resolution to Pump Brakes on Iran Conflict
(DBN)

Random Mar-a-Lago Guests Were Told More About Plan to Kill Soleimani Than Congress: Report
(DBN)

Trump: God is On Our Side
(DBN)

Deceased GOP Strategist's Daughter Makes Files Public That Republicans Wanted Sealed
(DBN)

The neoconservative fantasy at the center of the Soleimani killing
(DBN)

New Cambridge Analytica Leak Shows Manipulation Out of Control
(DBN)

EPA Scientific Advisors Blast EPA Decisions
(DBN)

Rural America set to lose political power after 2020 census After Census Electoral Map May Tilt to GOP
(DBN)

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Food/Beverage:

Analysts predict people will ditch restaurants and retreat into their homes in 2020, as the election looms and anxiety builds
(DBN)

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Student Debt:

No, you’re not going to be drafted into the military just because you applied for federal student loans
(DBN)

It took me almost a decade to pay off $8,000 of student loan debt, but after refinancing I can't believe how fast it's going down
(DBN)

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Security:

Apollo-Backed Security Contractor In Talks on Debt Restructuring
(DBN)

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Mining:

Optimum creditors to vote on rescue offers by month-end, including SA Govt/Lurco joint bid
(DBN)

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Private Equity:

What is private equity, and why is it killing everything you love?
(DBN)

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Economy:

U.S. manufacturing activity hits worst level since 2009 ISM Manufacturing index Decreased to 47.2 in December, Fifth Consecutive Month of Contraction U.S. Factory Gauge Unexpectedly Falls to Lowest Since 2009
(DBN)

Debt is Going to Kill the Global Economy
(DBN)

Some Fed members worried that keeping rates low would encourage too much risk-taking, minutes show Fed still worried U.S. inflation will remain too low in light of weak global economy Fed criticized for ‘blindly’ sticking to inflation target Central bank chiefs in Dallas, Minneapolis, Philadelphia and Cleveland will help determine interest rates in 2020. Here's where they stand ahead of the next Fed meeting The Fed Should Keep Looking Forward, Not Retreat to the Past
(DBN)

Top Central Bankers Share Sober View of ‘Hand We’ve Been Dealt’
(DBN)

Yellen: We Need to Control Asset Bubbles
(DBN)

Fed’s Robert Kaplan is OK with keeping rates steady but wants to look at the central bank’s balance sheet
(DBN)

Economists are rethinking the numbers on inequality
(DBN)

Bill Gates’s big takeaway from 2019: raise his taxes
(DBN)

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

Trade War Threatens U.S. States’ Exports to China and Europe
(DBN)

Difference between confidence levels of young and old consumers The present and future confidence gap
(DBN)

'We are barreling toward a caste system, sequestering kids by income,' says NYU professor Scott Galloway. Here's how he thinks we can fix it.
(DBN)

Apple CEO Tim Cook made $11.6 million in the company's last fiscal year — 200 times more than its median employee
(DBN)

New York first proposed a larger tax incentive for Amazon's HQ2
(DBN)

The ultrawealthy are hiring former special-ops soldiers as 'nannies' for their kids, paying as much as $200,000 a year
(DBN)

Shadow banking is growing, remains opaque and carries uncertain risks for the economy
(DBN)

It now costs the average worker a record 114 hours’ pay to buy the S&P 500
(DBN)

GOP Tax Cuts: Promises vs. Reality
(DBN)

Much of the South is Growing, Except Alabama
(DBN)

Morgan Stanley Warns a Good Economy Doesn’t Guarantee Trump Win
(DBN)

Retail and Real Estate Look Vulnerable After 2019’s Gains
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

Apartment Vacancy Rate increased in Q4 to 4.7%
(DBN)

New York City's mansion tax impacts housing cost
(DBN)

Construction Spending Increased in November U.S. construction spending rises 4.1% from November 2018
(DBN)

Manhattan apartment sales sank during Q4
(DBN)

Home equity rates expected to remain low in 2020
(DBN)

The Famous "Horsehead Mansion" From The Godfather, Now Bankrupt, Is For Sale At $125 Million
(DBN)

IA: Court proceedings to determine fate of Wellmark, Town Center buildings
(DBN)

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Oil/Gas:

Why the killing of Iran’s top military leader could be a longer-term catalyst for oil prices Oil outlook is bullish, but don’t expect big spikes seen during past conflicts, analysts say
(DBN)

US Shale Struggles to Ride Out the Storm
(DBN)

Iran-Driven Oil Rally a Boon to Most-Beleaguered U.S. Producers
(DBN)

Impact of oil price spike on U.S. economy ‘more muted’ than a decade ago, says Dallas Fed’s Kaplan
(DBN)

Rick Perry Rejoins Pipeline Company
(DBN)

Jupiter Resources' Simon Bregazzi sees inverting fortunes for Canadian and U.S. gas producers
(DBN)

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Utilities:

PG&E’s wildfire victims, not government agencies, should be first in line for claims
(DBN)

California wildfires: Humans spark blazes, get little state attention
(DBN)

Lighting Out — or Living with — a Future of Fires and Power Outages
(DBN)

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Mass Torts:

Owens-Illinois Successor File Asbestos Bankruptcy - First Day Dec Paddock Enterprises, LLC, an O-I Glass, Inc. Affiliate, Seeks a Final and Equitable Resolution of its Legacy Asbestos-Related Claims
(DBN)

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Tech:

Study: Why America is So Divided
(DBN)

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Cannabis:

Shorting cannabis stocks was a billion-dollar idea in 2019
(DBN)

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Agribusiness:

US Farmers See Another Bleak Year Ahead
(DBN)

Unsustainable disparities
(DBN)

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Dairy:

Borden Becomes Second Big U.S. Milk Producer to File for Bankruptcy US milk giant Borden files for bankruptcy amid rising dairy prices and debt strain Borden files for Chapter 11 bankruptcy protection First Day Dec
(DBN)

'It crushes me': Dairy farmers struggle to survive Trump's trade wars and declining milk demand
(DBN)

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Retailing:

Pier 1 to Shut More Stores, Cut Debt in Expanded Turnaround
(DBN)

Four CEOs Found the Secret to Thriving During the Retail Apocalypse
(DBN)

Forever 21’s Linda Chang: Overexpansion brought company to bankruptcy
(DBN)

Fairway Prepares To File For Bankruptcy Again
(DBN)

These retailers are facing the fight for their lives in 2020: Sears, Forever 21, Pier 1
(DBN)

7 Predictions for Retail This Year
(DBN)

Two Truths and Seven Lies Retailers Heard in the 2010s
(DBN)

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Autos:

Car sales hit the skids in 2019
(DBN)

Wanted: The fugitive CEO Netflix says it doesn't have a deal with former Nissan CEO Carlos Ghosn Former Auto Executive's Escape from Japan Was Even Crazier Than Initially Known Green Beret Helped Ghosn Escape Ghosn's Surveillance Was Paid by Nissan Sorry Carlos: It Doesn't Mean You Aren't Guilty Carlos Ghosn to Face Hearing in Lebanon Ghosn Used Public Transport to Escape From Tokyo, NTV Says Japan Taking Steps to Prevent Another Ghosn-Like Escape
(DBN)

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Hotels:

Hotels: A Solid Year for Occupancy Rate in 2019, STR Projects further small Occupancy Decline in Q1 2020
(DBN)

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Aviation:

Airline stocks tumble as oil prices soar on US airstrike that killed Iran’s top general
(DBN)

Regulators Mull Simulators Before Boeing 737 MAX Can Fly
(DBN)

Boeing, FAA reviewing wiring issue that could cause short circuit on 737 Max
(DBN)

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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 (32 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (7 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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Structured Dismissal:

Applying Jevic (Part 3): How Courts Are Interpreting and Applying the Supreme Court’s Ruling on Structured Dismissals and Priority Skipping
(DBN)

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Litigation:

A Year Later: What I Can Do Better As A Lawyer
(DBN)

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Healthcare:

New York asked to approve sale of four nursing homes following bankruptcy filing
(DBN)

St. Louis hospital delays payroll after filing for bankruptcy
(DBN)

Democrats ask U.S. Supreme Court to save Obamacare
(DBN)

Tenth Circuit Upholds ACA Risk Adjustment
(DBN)

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Labor:

Uber, Lyft Ignore New California Worker Law
(DBN)

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Fraud:

Prosecutors Have Been Using The Wrong Insider Trading Law All This Time
(DBN)

How Executives Can Avoid Prosecution in an Economic Downturn
(DBN)

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Climate:

A warning from ancient tree rings: The Americas are prone to catastrophic, simultaneous droughts
(DBN)

Australian Stocks Drop as Wildfire Crisis Persists
(DBN)

Wildfire-Weary Australians See No End to Unprecedented Calamity
(DBN)

Photographs of Australian Wildfires
(DBN)

California eyes climate bond to prepare for disasters
(DBN)

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Taxis:

Back to the Courts for Uber's Drivers
(DBN)

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Pharma:

Chandler opioid maker is closing up its shop
(DBN)

Washington Attorney General Bob Ferguson Files Suit Against Opioid Manufacturer Johnson & Johnson
(DBN)

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Finance:

Financing that Masks ‘Hidden Debt’ Stokes Accounting Anxiety
(DBN)

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Sovereigns:

A Cautionary Tale: Argentina’s Pari Passu Debt Debacle
(DBN)

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UK:

Brexit Uncertainty Impact Extends Far Beyond U.K. Economy
(DBN)

U.K. Services Get Boost From Election as New Orders Increase
(DBN)

Lloyds Renews Pledge to Lend $24 Billion to British Businesses
(DBN)

UK Car Sales Lowest Since 2013
(DBN)

Bonmarche administration wipes out creditors’ £24m
(DBN)

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PIIGS:

Atlantia Unit's CEO Warns of Bankruptcy Risk if Concession Revoked-Paper
(DBN)

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MENA:

Hundreds of thousands of mourners are gathering for the funeral of Iranian general Qassem Soleimani Mourners in Iraq chant threats to America after Soleimani’s death Pentagon: US killed top Iranian general on Trump's order Trump’s Iran war has begun US Fast Response Force Flies to Middle East Pompeo: US is Now Targeting Iran's Decision Makers Soleimani Killing Leaves Trump’s Middle East Strategy in Tatters Trump has considered killing Iran’s Soleimani since last summer, sources say Why Kill Soleimani Now? Inside the Decision to Kill Soleimani House to vote on limiting Trump's military powers regarding Iran, Pelosi says China calls for restraint, urges US to seek dialogue with Iran instead of 'force' Iraq could become 'very dangerous' as US-Iran tensions ramp up, says former ambassador DHS Chief: No Specific, Credible Threat from Iran Doubts Grow Over Case for Soleimani Killing Pompeo says intelligence was clear on Soleimani amid skepticism about drone strike White House informs Congress of Soleimani strike, Trump warns U.S. will hit Iran if attacked Iran Abandons Nuclear Deal on Killing Pelosi: Classified War Powers Act alert on Iran raises more questions Conflict with Iran May Now be Inevitable Why Previous Presidents Didn't Kill Soleimani How Trump decided to kill Iran's Soleimani Inside Soleimani's Plot Against US Forces Why Qasem Soleimani mattered Mar-a-Lago Pals  Told to Expect Big Iran Action On the Precipice of Another Middle East War Reality check: Mike Pence links Soleimani to 9/11 Iranian commander killed in airstrike taunted Trump in a 2018 speech, calling him a 'bartender' and 'casino manager' Experts react to the killing of Iranian commander Qassem Soleimani Iranian President Hassan Rouhani says the US made a 'grave mistake' by assassinating top general Qassem Soleimani Iranian military adviser says U.S. targeting cultural sites would be a war crime Trump Defends Right to Destroy Cultural Sites Pompeo on Trump's Iran threat: "We'll behave lawfully" UK warns Trump: War with Iran is 'in none of our interests' Trump on killing Soleimani: "We did not take action to start a war" Trump gave Iran the green light to hit the US like never before The United States' main allies are abandoning Trump over his 'dangerous escalation' with Iran Iranian commander and Trump fought each other with 'Game of Thrones' memes before airstrike on General Soleimani US cities are ramping up security following the Trump-ordered airstrike that killed a top Iranian commander Rand Paul opposes GOP praise of Soleimani's death De Blasio says New York is taking immediate steps at key city locations to guard against Iran-linked retaliation Suleimani killing the latest in a long, grim line of US assassination efforts Trump says U.S. ‘ready and prepared’ if Americans threatened after Soleimani killing 2-year Treasury yield plumbs three-month low as Soleimani killing highlights rising U.S.-Iran tensions Strait of Hormuz, the world’s biggest oil chokepoint, in focus as U.S.-Iran tensions flare We Are Also Guilty of Everything We've Accused Iran of Doing Graham: Target Iran's Oil Fields, Refineries A group claiming to be from Iran hacked and defaced a US government agency website General Qassem Soleimani's body arrives in Iran as Trump issues new threats to target 52 Iranian sites 'VERY FAST AND VERY HARD' As Middle East Tensions Flare, Trump Finds Solace in New Adviser Even Tehran Probably Doesn’t Want a War There's a winner from the US-Iran crisis: ISIS U.S. Denies Reports of Iranian-Americans Detained at Border Iraqi parliament votes to expel U.S. troops over Soleimani killing Trump Vows Sanctions on Ally Iraq, Toughens Rhetoric on Iran Trump Tells Iraqis to Pay for US Base Trump's Air Force One bombast on Iran
(DBN)

Why the US and Iran have been adversaries for 4 decades
(DBN)

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Hong Kong:

China signals hardline approach to Hong Kong with new top official
(DBN)

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France:

Thousands march against pension reform in Paris
(DBN)

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Denmark:

No 2020 Returns for Danish Savers as Deposit Rates Head for Zero
(DBN)

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China:

China’s Fourth-Largest Carmaker Says Competition Is ‘Brutal’
(DBN)

China, Hong Kong Stocks Fall in Sharp Selling on Fresh Trade Worries
(DBN)

Creditors push China coal firm Wintime to file for bankruptcy after defaults
(DBN)

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Venezuela:

Venezuela’s National Assembly in Chaos Amid Leadership Vote
(DBN)

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India:

Vijay Mallya cannot cite pending pleas in India to stall hearings in UK court: SC
(DBN)

Here's why Insolvency and Bankruptcy Code is a policy masterstroke
(DBN)

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