August 19, 2019

The Daily Bankruptcy News

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Law:

Jones Day Parental Leave Bias Suit Likely to Reverberate
(DBN)

Lawyer Resilience in a Pressure-Cooker Profession. It’s (Probably) Not What You Think
(DBN)

In Law Firms, 'Caste System' Persists Among Attorneys and Business Professionals
(DBN)

New Lawsuit Takes Aim At Skadden Billing Practices
(DBN)

Soon-To-Be Former Biglaw Firm Sued For Breach Of Contract
(DBN)

Big Law Competition Doesn’t Faze Head of ‘Law Company’ Elevate
(DBN)

Summer Associate Offer Rates (2019): Which Firms Had 100 Percent Offer Rates?
(DBN)

University Of Michigan Deals Devastating Intellectual Property Blow To Ohio State Legal Department
(DBN)

The CEO of a company that calls itself 'the future of law' says she still can't escape sexism at work — but she's on a mission to prove mentorship can break the glass ceiling
(DBN)

What’s Sad Is That This Counts As Tremendous Progress For Women In The Legal Profession
(DBN)

This T14 Law School Really Needs To Hire Some Women
(DBN)

Epstein's last days were spent emptying vending machines with his lawyers in a private meeting room, avoiding suicide watch, and paying other inmates' commissaries • The Last Days of Jeffrey Epstein • Jeffrey Epstein’s special treatment in jail was far more lenient than anyone knew • Why was Jeffrey Epstein allowed to purchase small women’s panties from the Palm Beach jail? • Two more alleged Jeffrey Epstein victims sue his estate and ‘recruiter’ for $100 million • Epstein died by suicide using his jail bed sheet while his guards slept, according to report • Despite the conspiracy theories, broken bones in Epstein's neck aren't proof he was murdered, medical experts say • 10 of the most bizarre details people have reported finding in Jeffrey Epstein's NYC mansion • Jeffrey Epstein's lawyers blast 'medieval conditions' at federal jail where he died by suicide and say they are launching their own investigation • Epstein’s purported madam now a focus in sex abuse cases • The tantalizing mystery of Ghislaine Maxwell's burger bar 'makeover' • Discrepancies in the photos of Ghislaine Maxwell at In-N-Out Burger raise question of Photoshopping or doctoring, according to report • Ghislaine Has a Family Closet of Skeletons • Chilling Details on Epstein's Girlfriend
(DBN)

The Trump administration spent months trying to make sure undocumented immigrants can't go to school • Court ruling allows Trump asylum restrictions in Texas and New Mexico • Advocacy groups file suit to block Trump’s new ‘public charge’ immigration rule • 9th Circuit refuses to disturb order requiring US to give immigrant children soap and toothpaste
(DBN)

Judge Chides Gregory Craig for Speaking to Witness During Trial
(DBN)

Graham: IG's Report on Russia Probe is Ugly
(DBN)

Asylum system shouldn’t be abused by those who come to America looking for a job
(DBN)

Hundreds of strangers came to El Paso to honor one of the shooting victims after her husband invited the public • Fear in America • Beto O'Rourke brings gun control campaign to gun show • Gun control could be a defining issue for Democrats on the 2020 campaign trail • Trump says US should build more mental health institutions to combat gun • Forget Red Flags, This Is The Constitutional Fight Over Guns Some State Needs To Start
(DBN)

Ohio white nationalist, anti-Semite arrested for threatening to shoot up Jewish community center, police say
(DBN)

Bernie Sanders unveils sweeping criminal justice reform plan
(DBN)

Study finds decline in racial gap in federal criminal sentences; ethnicity gap varies with citizenship
(DBN)

The Trump administration just told the Supreme Court that it's legal to fire workers for being transgender • Trump’s Latest Proposal Would Let Businesses Discriminate Based On LGBTQ Status, Race, Religion, And More • Transgender Bias at Work Not Banned by Law, DOJ Tells Justices
(DBN)

Federal judge holds US attorney’s office in contempt in probe of recorded attorney-client calls
(DBN)

High-Flying Lawyer Used Private Plane To Smuggle Drugs Say Feds
(DBN)

U.S. Attorney Launches Wildly Unprofessional Attack On Local District Attorney
(DBN)

Dayton Mayor now Receiving Threats
(DBN)

Former paralegal at US attorney’s office accused of using prosecutor info to expose informants
(DBN)

Deepfake evidence so realistic 'innocent people will go to jail'
(DBN)

The Trump Justice Department has declared war on progressive prosecutors
(DBN)

Family of Dead Teen Sue Over 911 Calls
(DBN)

Led Zeppelin Backed by U.S. Government Brief in ‘Stairway’ Case
(DBN)

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Judges:

A New Jersey judge apologized after suggesting a woman sell her nude pictures to Playboy during a revenge porn case • New Jersey Judge Makes Some Very New Jersey Comments 
(DBN)

Attacks by Trump, Others May Put Judges at Risk, Report Says
(DBN)

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Wall Street:

U.S. stock futures rise on global stimulus talk, trade optimism •
(DBN)

Stocks advance to close a chaotic week of trading
(DBN)

Stock market gyrates as the economic picture gets blurred
(DBN)

Stock-market investors rattled by bond market’s ‘warning shot’ — here’s what’s next
(DBN)

White House trade adviser says it’s a ‘certainty’ bull market lasts through 2020
(DBN)

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Layoffs:

What really helped Walmart clean up with earnings — robot ‘associates’
(DBN)

Layoffs at PES refinery begin, as union argues for continued presence due to safety concerns
(DBN)

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Politics:

Shell workers in Pennsylvania say they were told to either attend a recent Trump event, or not get paid
(DBN)

Trump wants to buy Greenland. It's not for sale, but it would be really expensive if it were • How much would it cost to buy Greenland — and how would you calculate that price? • It’s not the first time U.S. has tried to buy Greenland • Trump Wants to Buy Greenland for the U.S. – But Who Is the Relevant Seller?
(DBN)

Trump Back on Voter ID Fraud Nonsense
(DBN)

People Don't Want to be Stupid Twice: 2020
(DBN)

Trump is anxious a recession could tank his reelection chances, but officials aren't openly bracing for one because they're worried about fueling the fire
(DBN)

Trump mocked a man he thought was a protester for being overweight, but it turned out he was actually a supporter
(DBN)

Trump cuts off one of his closest friends
(DBN)

Donald Trump on the issues, in under 500 words
(DBN)

Trump thinks he won Michigan's 'man of the year' award, but a former congressman says it was actually just a framed copy of the Gettysburg Address
(DBN)

Obama told Biden advisers not to let the former Veep 'damage his legacy' in his 2020 presidential run
(DBN)

How Would an Economic Downturn Affect the 2020 Democratic Contest?
(DBN)

A Recession and the Fight for the Democratic Nomination
(DBN)

Voters may not like Trump, but they're happy with the economy. A recession could tank his reelection chances.
(DBN)

Warren presents 2020 plan to protect tribal lands, support Native Americans
(DBN)

Why Some Christians ‘Love the Meanest Parts’ of Trump
(DBN)

Portland braces for protests and possible violence between the far-right and Antifa • 13 arrested as hundreds of far-right and Antifa protesters face off in downtown Portland • ‘Ground zero’: Portland remains focus of divided country • Ahead of a far-right rally in Portland, Trump tweets a warning to antifa • Showdown in Portland Drew 1,000 Protesters • Why the Far Right Choose Portland
(DBN)

Here's why the once solidly Republican state of Texas could become a ticking time bomb for Trump's GOP
(DBN)

El Paso mayor says Trump called him derisive term in closed-door meeting
(DBN)

Presidential candidates vastly prefer Uber over Lyft. Here's how much the 2020 Democratic hopefuls are spending on each of the ride-hailing services
(DBN)

Joe Biden has been a self-professed gaffe machine for decades but Democratic primary voters don't seem to care, yet • Biden praises "good Republicans" as he defends working with GOP
(DBN)

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Hotels:

Hotels: Occupancy Rate Decreased Year-over-year
(DBN)


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Agribusiness:

Trump’s tariffs and bad weather take toll on U.S. farmers
(DBN)

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Pensions:

No, Public Pension Reform Experiments Have Not Failed
(DBN)

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Amusement Parks:

Vernon approves Mountain Creek bankruptcy deal
(DBN)

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Trucking:

Voting on Jack Cooper's Last, Best and Final Offer to Take Place Sept. 6-9
(DBN)

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Bankruptcy Crimes:

Osceola Mills man charged with concealing over $380,000 in cash during bankruptcy
(DBN)

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Asset Protection:

California Creditors Can Execute Against 100% Of Mandatory Trust Distributions In Blech
(DBN)

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Climate:

Despite decline in new coal plants, emissions targets still at risk
(DBN)

New working paper makes case for "modest" carbon taxes
(DBN)

Fracking may be a bigger climate problem than we thought
(DBN)

Iceland Holds a Funeral for Lost Glacier
(DBN)

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Economy:

Here’s what Powell could say at Jackson Hole to soothe the roller coaster markets • Investors might be disappointed in Fed’s message from Jackson Hole
(DBN)

These 10 ‘grey swan’ events could conspire to imperil global economy and markets
(DBN)

Americans are more in debt than ever — experts say ‘money disorders’ may be to blame
(DBN)

Trump is convinced there is a conspiracy to distort economic data and exaggerate the prospect of a recession
(DBN)

Steel Yourself for the Trump Slump
(DBN)

How the Recession of 2020 Could Happen
(DBN)

U.S. to enter recession in two years, say a third of business economists
(DBN)

2020 candidates should say how they would reboot the American Dream
(DBN)

Central banks haven’t shifted direction this abruptly in a decade
(DBN)

Should We Be Rooting for a Recession?
(DBN)

Q3 GDP expected above 2% after hot retail sales report • Q3 GDP Forecasts: Around 2%
(DBN)

US consumer sentiment for August comes in well below estimates • Americans’ confidence in the economy droops in August, sentiment survey shows • Mounting recession fears have pushed consumer sentiment to the 2nd-lowest level of Trump's presidency
(DBN)

Trump held a call with top Wall Street execs as markets tumbled Wednesday
(DBN)

An investment chief overseeing $160 billion explains why traders shouldn't worry about a recession right now
(DBN)

Trump talked about putting a massive tariff on French wine at a Hamptons fundraiser, according to report • Trump trade adviser claims tariffs aren't hurting anyone in the U.S. • Apple CEO Tim Cook has met Trump at least 5 times in a year in a desperate bid to keep him on-side amid the trade war • Apple CEO Tim Cook warned Trump that China tariffs would boost its main rival Samsung, in a major reversal • Tech companies slow stock buybacks as the China trade war bites • A baby product company’s tariff dilemma: ‘How does business move forward?’ • A new report offers fresh evidence that Trump's trade-war tariffs are hurting the US — even though he says they're not • The US is set to give Huawei another 90 days to buy from American suppliers, as Trump and Xi plan talks about the tech firm • The White House quietly appointed a new China director who could rattle Beijing and make a US-China trade deal even less likely • How to play the trade war’s worst-case scenario • 'The longer the trade war goes on, the weaker China gets': Trump doubles down on tariff threats despite recession concerns • Trump calls blacklisted Huawei a national security threat and says he doesn't want to do business with it 'at all' in an apparent policy flip
(DBN)

Americans overwhelmingly support free trade as concern grows about Trump’s economy: NBC/WSJ poll
(DBN)

The US economy is fine, but watch out for gathering trade storms
(DBN)

Trump's One Way Economy
(DBN)

Trump economic adviser dismisses fears of looming recession
(DBN)

The yield curve has uninverted, but signs that a recession could be coming still linger
(DBN)

18 countries with more exhausting workweeks than the US
(DBN)

Immigrant-owned businesses contribute billions to U.S. economy
(DBN)

The racial wealth gap in the US keeps getting bigger — and it could cost the economy as much as $1.5 trillion by 2028
(DBN)

The meaning of white privilege
(DBN)

The $15 minimum wage was supposed end in a restaurant apocalypse. Here's how 5 major cities proved the prophets of doom wrong • What the US gets wrong about the minimum wage
(DBN)

A Boom Time for the Bunker Business and Doomsday Capitalists
(DBN)

Trump falsely takes credit for two large industrial projects in Louisiana and Pennsylvania
(DBN)

Did Donald Trump turn around U.S. record at the WTO?
(DBN)

31 Countries That Still Have American Dream
(DBN)

CEOs rake in 940% more than 40 years ago, while average workers earn 12% more
(DBN)

What FDR Understood About Socialism
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

Housing Starts decline to 1.191 Million Annual Rate in July • Housing starts slump 4% in July, but there’s one silver lining for the real-estate market • Housing starts slip 4% in July, while building permits climb • Comments on July Housing Starts
(DBN)

Early Read on Existing Home Sales in July
(DBN)

The doomsday warnings about the US housing market are getting it backward
(DBN)

11 facts about San Francisco's housing market that will make you glad you live somewhere else
(DBN)

Sacramento Housing in July: Sales Up 6% YoY, Active Inventory DOWN 16% YoY
(DBN)

38 US cities where people have to fork over more than 50% of their income to afford housing
(DBN)

FL: Alleged Russian fugitive listed as co-owner of condo project in bankruptcy
(DBN)

Judge: Century III Mall ownership can hold off on paying back taxes for now
(DBN)

WeWork is Likely to go Bankrupt if a 2020 Recession is Dire
(DBN)

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Municipalities:

Newark's lead contamination crisis could be worse than Flint's. Residents say the city is handling it all wrong.
(DBN)

Ransomware Attack Hits Local Governments In Texas
(DBN)

Detroit Broke City: PW Talks with Jodie Adams Kirshner
(DBN)

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Oil/Gas:

Baker Hughes reports a rise in the U.S. oil-rig count for the first time in 7 weeks
(DBN)

Furie Operating Alaska files for Chapter 11 bankruptcy protection • Furie files Chapter 11 bankruptcy
(DBN)

PES up against the clock to sell Philadelphia refinery in cash crunch
(DBN)

US Trustee Claims Kirkland Conflicts In Philly Refinery Ch. 11
(DBN)

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Personal Finance:

5 ways to check if your boss is incompetent, according to an expert in psychological profiling
(DBN)

Don’t retire early, buy a home, or be a lawyer if you want to be happy, researchers say — here’s why
(DBN)

25 smart answers to really tough job interview questions
(DBN)


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Student Debt:

Here are some ways to pay off student loans, using other people’s money
(DBN)

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Travel:

Friday: Travelers should expect major delays as airport systems for checking passports in the US crash • US Customs and Border Protection says systems are being restored after earlier outage snarled international arrivals at airports
(DBN)

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Electricity:

Court leaves PG&E with sole right to submit bankruptcy plan • PG&E Keeps Exclusive Right to Pitch Restructuring Plan
(DBN)

Before victims filed claims, some targets of abuse lawsuits moved to shield assets
(DBN)

PG&E map sheds light on planned power outages  • PG&E Tells All Customers To Prepare For Multi-Day Blackouts; Sacramento Pushes Back • PG&E warns of week-long power shutoffs in SF
(DBN)

PG&E plans to cut thousands of trees to prevent fires. Here’s why hundreds didn’t get chopped
(DBN)

Bankruptcy judge clears way for trial against PG&E on Tubbs fire • Cal Fire said Tubbs Fire wasn’t caused by PG&E. Victims win the right to sue utility anyway • Jury to decide PG&E's role in California wine country fire
(DBN)

FirstEnergy Solutions seeks confirmation Tuesday to emerge from bankruptcy
(DBN)

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Healthcare:

'We lost something special': The women's hospital in Washington that became a Trader Joe's
(DBN)

How a Scammer Drove a Network of Small-Town Hospitals Into the Ground
(DBN)

Philadelphia hospital shuts down emergency department
(DBN)

Rural hospitals are hollowed out and caught in a cycle of failure
(DBN)

Medical debt brings patients from the emergency room to the courtroom
(DBN)

Sleep testing firm backed by Philadelphia-area investors seeks sale after filing for bankruptcy
(DBN)

He's 26 years old but still sees a pediatrician: Why some young adults don't move on.
(DBN)

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Construction:

Kline Construction files in bankruptcy court, unions are big creditors
(DBN)

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Coal:

Bankrupt Cloud Peak finds new owner for its Wyoming mines
(DBN)

Navajo Transitional Energy Wins Bid to Acquire Cloud Peak Assets
(DBN)

Bankrupt coal operator gets OK to end 401(k) plan
(DBN)

Coal-fired power plants pummeled, as wind energy elbows into state's future revenue plan
(DBN)

Wyoming’s Coal Mines Still Idle as Purchase Talks Continue
(DBN)

Unpaid Miners Blocked a Coal Train in Protest. Weeks Later, They’re Still There.
(DBN)

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New Bankruptcy Opinions
(7 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (27 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (24 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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Bankruptcy Statistics:

Who Goes Bankrupt in America? Increasingly, the Elderly
(DBN)

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Litigation:

That Sucked! Now What?
(DBN)

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Bankruptcy Reform:

The Family Farmer Relief Act of 2019: Will the Increased Debt Limit Lead to an Uptick in Chapter 12 Filings?
(DBN)

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Interest:

U.S. District Court Reverses Bankruptcy Court Order That Disallowed Default Interest to Commercial Lender Under California Law
(DBN)

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Bankruptcy Rules:

Advisory Committees on the Federal Rules of Appellate, Bankruptcy, and Civil Procedure; Hearings on Proposed Amendments to the Appellate, Bankruptcy, and Civil Rules
(DBN)

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IP:

Trademarks and Bankruptcy Litigation in the Shadow of Tempnology
(DBN)

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Cross-Border:

Asian Paper Co. Seeks Recognition Of $612M Bankruptcy
(DBN)

Escape to America: Borrowers Seeking Refuge Through Chapter 11
(DBN)

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Retailing:

Retail experts reveal why 'stodgy, suffering' Macy's and JCPenney won't be saved by partnerships with buzzy startup ThredUp
(DBN)

Avenue Stores Files In DE -Firs Day Dec
(DBN)

Plus-size clothing chain Avenue is closing all 222 of its locations as the retail apocalypse continues
(DBN)

J.C. Penney is running out of time for a turnaround, analyst says • Can Jill Soltau rebuild J.C. Penney?
(DBN)

'Amazon is not their friend': Amazon sellers are organizing against the retail giant as the FTC and DOJ continues their anti-trust probe
(DBN)

Amazon executives gave campaign contributions to the head of Congressional antitrust probe two months before July hearing
(DBN)

President Trump, Bernie Sanders, and Elizabeth Warren have ruthlessly attacked Amazon as their campaigns have quietly spent a combined $265,000 on the site
(DBN)

10 brands that peaked in the '90s, including Blockbuster and Limited Too
(DBN)

Amid Bankruptcy, Bevello Clothing Stores Shut Down, Including Mayfaire's
(DBN)

Unleash Buried Capital and Cease Leaving Money on the Table in Regional Retail Liquidations
(DBN)

What's the future for former Shopko, other defunct retail stores?
(DBN)

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Conglomerates:

Amid GE fraud accusation, it might be a good time to check your long-term care policy • The Most Fascinating Standoff in Corporate America: The Accountant Who Exposed Madoff vs. GE • GE rebounds after CEO share purchases, Wall Street analysts come to company’s defense • Madoff Whistleblower Trying To Kill GE, May Have To Kill GE CEO • Analyst says GE stock recovering because Madoff whistleblower fraud allegations are baseless • The bombshell report accusing GE of 'Enronesque' fraud is just the latest in the company's long history of accounting controversies • Goldman Sachs contrasts the Madoff whistleblower's allegations of fraud at GE, saying its insurance reserves 'compare favorably to peers' • Triumphant rise, spectacular fall: General Electric's 127-year journey from cutting-edge American icon to possible fraud case • Who is Harry Markopolos? The famed Madoff whistleblower could make millions after publishing a report accusing GE of fraud
(DBN)

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Fraud:

Fyre Festival: How a 25-year-old scammed investors out of $26 million
(DBN)

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Pharma:

New York going after Sackler family’s financial records in opioid case
(DBN)

A Nun, a Doctor and a Lawyer — and Deep Regret Over the Nation’s Handling of Opioids
(DBN)

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Defaults:

Rising defaults in high-yield bonds puts this year on track for postcrisis record, warns Goldman Sachs
(DBN)

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History:

How slavery became America’s first big business
(DBN)

A Gerrymander Nearly Cost Us the Bill of Rights
(DBN)

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Crypto:

97% of S. Korean Crypto Exchanges ‘In Danger of Bankruptcy’: Report
(DBN)

E&Y has lost $1 million of the Quadriga bankrupt exchange customers
(DBN)

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UK:

U.K. food, fuel and drug shortages likely in no-deal Brexit: Report • Boris Johnson urged to release secret official Brexit memo warning ministers about riots, soaring food prices and a deep recession • No 10 Furious at Leak of Brexit Memo • Boris Johnson Taunts EU: Can't Stop Brexit
(DBN)

Failed Northern Rock is still making money for former auditor PwC
(DBN)

What became of the troubled Maxwell dynasty?
(DBN)

Who Wants To Be A Millionaire? cheats Charles and Diana Ingram 'declared bankrupt'
(DBN)

Boris Johnson to face EU leaders for Brexit talks as uncertainty roils UK markets
(DBN)

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EU:

Eurozone inflation slows to weakest in more than two years
(DBN)

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PIIGS:

These Nations Faced Bankruptcy. Now Their Bonds Yield Nothing
(DBN)

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MENA:

An American woman who was deemed too Western to raise her 4-year-old daughter in Saudi Arabia has one day left to appeal the kingdom's decision
(DBN)

US issues warrant to seize Iranian tanker off Gibraltar
(DBN)

Trump unleashes series of tweets aimed at Rashida Tlaib and her decision to not travel to Israel under 'oppressive conditions' • Rep. Rashida Tlaib’s on-again, off-again visit to Israel, explained
(DBN)

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Hong Kong:

Over 1 million people rally as Hong Kong marks 11th weekend of protests • Hong Kong protesters flood city streets for largest rally in weeks • 1.7 Million Protest in Hong Kong • Hong Kongers stage more anti-government protests, braving storms on Saturday • Hong Kong protesters show no sign of backing down in the face of countless threats • Hong Kong’s Protests Have Cemented Its Identity
(DBN)

The richest man in Hong Kong has lost $3 billion since July, and now he's joining the chorus of wealthy citizens calling for the 10-week protests to end
(DBN)

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Germany:

U.S., German yields rebound after report Germany open to deficit spending
(DBN)

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India:

Govt plans debt waiver for small distressed borrowers under insolvency law
(DBN)

Car sales slump: Mahindra MD fears dealers may go bankrupt
(DBN)

Even India’s hiring activity slowing as economy cools
(DBN)

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Singapore:

The way back to black: Saving a sinking company is tricky in a sea of divergent interests
(DBN)

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Brazil:

Brazil's government considers intervention in Oi -report
(DBN)

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China:

Report: China Can Wipe Out US Forces in Pacific
(DBN)

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Venezuela:

U.S. in secret talks with Venezuela’s socialist-party chief over ousting Maduro
(DBN)

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