July 18, 2018

The Daily Bankruptcy News

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Law:

The Biglaw Firm Where Partner Payday Is The Sweetest
(DBN)

Brownstein Hyatt Farber Schreck Combines With Schwartz Flansburg to Expand Litigation and Bankruptcy Practices Brownstein Hyatt Farber Schreck has bolted on Las Vegas-based Schwartz Flansburg. “It’s all champagne and roses right now”
(DBN)

Independent Firms, Not Big Law, Should Fear Big Four the Most, Report Says
(DBN)

Ivy League Law School To Accept The GRE And The GMAT For Admission
(DBN)

The Law Schools With The Most Diverse Graduates
(DBN)

Troubled Law School Asks For Charitable Donations Through Amazon Prime Day Purchases
(DBN)

How This Fortune 500 GC Is Strengthening Her Law Firm Panel Relationships
(DBN)

Data Analytics And The Importance Of Loser Law
(DBN)

Law Firms Spend More Time Than Ever on Pro Bono
(DBN)

Quinn Emanuel Moves To Arbitrate Dispute With Ex-Partners
(DBN)

ABA Employee Stole $1.3M From the Organization ABA reveals $1.3M theft by a now-former staff member on tax form Former Employee Stole $1.3 Million From The ABA
(DBN)

Syracuse bankruptcy law firm combines with Barclay Damon Menter law firm to merge with Barclay Damon
(DBN)

Law Librarians Are Pissed Off The State Of Biglaw And The Evolving Role Of The Law Librarian
(DBN)

Thieves Steal $54,000 Worth Of Books From Law School Library — Law Students Ask, ‘What Are Books?’
(DBN)

3 Better Ways to Say "It's Actually Not My Fault"
(DBN)

Greenberg Traurig Co-Founder, Legal Titan Robert H. Traurig, Has Died Greenberg Traurig Founder, 93, Dies In Miami
(DBN)

What Mueller's indictments mean for the midterms Special counsel Robert Mueller asks for immunity for five witnesses in Paul Manafort trial What a Russian operative's indictment reveals about the Kremlin's attempt to infiltrate US politics and the NRA NSA, Cyber Command to counter Russian meddling without White House guidance Ryan Fights Trump Allies Over Rosenstein Trump keeps conflating Russian meddling and collusion, and experts worry it could have a devastating effect on national security The Strange Case of Mariia Butina Senate Democrats Say Novartis’s Deal With Trump Attorney Michael Cohen More Extensive Than Reported Judge denies Manafort's request to move trial
(DBN)

Yelp for Cops
(DBN)

Judge lifts controversial order requiring the L.A. Times to alter article
(DBN)

Lawyer gets interim suspension for alleged ‘copy and paste’ suits; federal judge had blasted tactics
(DBN)

MGM sues more than 1,000 victims of Las Vegas shooting to avoid liability claims for massacre MGM Resorts uses an obscure law to sue Las Vegas mass shooting victims MGM Casinos Wager Their Own Sense Of Common Decency 'A stunt': Outrage builds over MGM Resorts' decision to sue victims of Las Vegas massacre
(DBN)

Former wrestlers sue Ohio State University, claim school ignored abuse Texas Instruments Chief Executive Resigns; Conduct Violations Are Cited Ex-'Taxi King' Worker Wins $1.3M In Harassment Suit
(DBN)

CVS Has Fired The Two Managers Who Called Police On A Black Woman Trying To Use A Coupon
(DBN)

Is Tiffany Trump Dropping Out Of Law School?
(DBN)

A controversial detention center could be a model as Trump looks to detain migrant families together Federal policy changes make it easier to deny visas and remove legal immigrants Army reverses discharge of immigrant soldier at center of media coverage Dems Float Bill To Reunite Separated Immigrant Families
(DBN)

Lots of government officials enjoy legal immunity with a wink and a nod. But in Arizona, immunity is actually official
(DBN)

Using DNA and Genealogy on Cold Case Files
(DBN)

Hate Crimes Up in 10 Largest Cities
(DBN)

Daughter accused in fatal beating of 85-year-old mom who left her out of will
(DBN)

Man arrested for contacting ex-girlfriend 200 times per day
(DBN)

Plaintiffs Lawyers Get TV Time as CBS Launches Whistleblower Reality Show
(DBN)

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Judges:

2018 Blackshear Fellowships Provided by the National Conference of Bankruptcy Judges
(DBN)

Activists Want to See SCOTUS Nominee Brett Kavanaugh's Documents—Now Kavanaugh's Time as Stapleton Clerk Was First Step on Judicial Career Path How The Media Miffed Brett Kavanaugh’s Nomination Kavanaugh’s Place Among Court’s Conservatives Unclear Judge Kavanaugh Stops DC Circ. Work For Confirmation Fight
(DBN)

The Private-School Persuasion of the Supreme Court
(DBN)

Trial on fetal burial law begins with judge’s defense of his motives
(DBN)

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Wall Street:

U.S. stock futures fight for direction with Powell, Morgan Stanley earnings ahead Futures point to a slightly higher open amid corporate earnings, data
(DBN)

Stocks Close Mostly Higher Following Powell's Testimony
(DBN)

'I always knew this day would come': Read the memo outgoing Goldman Sachs CEO Lloyd Blankfein just sent to staff Goldman Sachs Is Secretive and Hide-Bound. Its New Chief Wants to Change That Goldman Sachs beats profit estimates, but shares decline on legal costs, underwhelming trading
(DBN)

This chart may be predicting the bull market's demise
(DBN)

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Layoffs:

Toys R Us workers to seek higher priority status for severance
(DBN)

Koontz-Wagner shuts its doors after bankruptcy filing, lays off 225
(DBN)

150 people laid off from Walmart Optical Lab
(DBN)

Bristol-Myers Squibb to lay off 149
(DBN)

eBay chops hundreds of Bay Area jobs
(DBN)

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Politics:

Trump Stands by His Positive Read of Putin Summit Amid Criticism GOP lawmaker renews call for Trump to release tax returns after Putin summit Trump tries to calm political storm over Putin summit, says he misspoke Trump Backs Down, but Again Muddies Water Trump’s Helsinki Walk-Back Doesn’t Go Far Enough 'Did the dog eat his homework too?' Trump's Remarkable Attempt to Walk Back His Russia Comments The White House Transcript Is Missing the Most Explosive Part of the Trump-Putin Press Conference 2 top Democrats want Congress to interview the interpreter who was in the room with Trump and Putin Trump's explosive comments with Putin reportedly angered his closest aides so much that Republicans were given permission to speak out “This Was the Nightmare Scenario” Some Dare Call It Treason A case study in Trump's GOP mind control Trump responds to John Brennan after being accused of treason Trump surprised at fierce criticism of Putin news conference Trump is behaving more and more like a 'controlled spy' Ohio GOP Leader Resigns Over Summit Trump says he misspoke on Russia meddling Trump’s Critics Have a New Word in Their Vocabulary: Treason Obama made a rare public appearance to deliver a biting critique of Trump's worldview — without saying his name Obama reflects on "strange and uncertain times" in Mandela speech Obama Defends Democracy in Apparent Rebuke to Trump Bookmaker increases chances of Trump being impeached after Putin summit Trump 'missed an opportunity': Republicans who helped pave the way for Putin summit sound disappointed Fox News host’s defense of Trump: Should he have shot Putin? Russia celebrates Vladimir Putin summit with Donald Trump: What happened every other time Putin met with US presidents ‘The West has FAILED’ Russians Praise Putin for Besting Trump Trump says Putin summit was 'even better' than NATO meeting
(DBN)

This Anti-Trump Hysteria Isn't Helping Trump mocks his critics as victims of “Trump Derangement Syndrome”
(DBN)

Trump fundamentally undermines NATO, suggests 'aggressive' Montenegro may attack Russia to start World War III
(DBN)

Republican National Committee tops $200 million in fundraising ahead of midterms
(DBN)

73% of Democrats Want ‘A Fresh Face’ As 2020 Nominee
(DBN)

Trump FactCheck: "The Electoral College is much more advantageous for Democrats."
(DBN)

Az. Senate Candidate: Why I Shot My Mom
(DBN)

Ex-FBI chief James Comey urges Americans to vote for Democrats in midterm elections
(DBN)

The biggest spender of political ads on Facebook? President Trump
(DBN)

President: 'No Time Limit' To Denuclearize NKorea
(DBN)

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Celebs:

How the Former Billionaire Known as 'Catwoman' Went Bankrupt With $0 in Her Bank Account
(DBN)

Cylvia Hayes, Oregon's former first lady, details debts, assets in new bankruptcy filing
(DBN)

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Travel:

More answers from Discovery Tours bankruptcy are delayed until fall
(DBN)

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Television:

Over 5 million U.S. consumers will cut the cord in 2018: survey More people are subscribing to Netflix and Amazon than pay-TV in a historic power shift
(DBN)

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Economy:

Industrial Production Increased 0.6% in June
(DBN)

IMF still expects global economy to grow 3.9% this year
(DBN)

Americans paid over $100 billion in credit-card interest in 2017 — and they’ll pay even more this year
(DBN)

GDP could rise to 4 percent in Q2 thanks to business-friendly policies, Bank of America CEO says
(DBN)

Chicago May Become Largest City in U.S. to Try Universal Basic Income
(DBN)

Trump, GOP to Talk More Tax Cuts
(DBN)

An Unlikely Group Of Billionaires And Politicians Has Created The Most Unbelievable Tax Break Ever
(DBN)

Three financial titans are worried we're forgetting the lessons learned from the 2008 crisis
(DBN)

Powell Says Fed Should Keep Gradually Raising Interest Rates The Fed's making a mistake and it could cause a recession by next summer: Natixis economist Powell backs more rate hikes as economy growing 'considerably stronger' Treasury yields hold ground after Powell underlines gradual rate hike path U.S. stocks turn higher with Powell testimony, earnings in focus
(DBN)

Opioid addiction is keeping a high percentage of people out of the workforce, Fed chairman says
(DBN)

Powell: 'Rising chorus of concern' from business over tariffs 2 top Republican senators are issuing fresh warnings that Trump should reverse his tariffs Key Republican Orrin Hatch threatens to check Trump's tariff policy As Tensions With U.S. Worsen, Europe Courts New Partners Two Words That Could Shape a Trade War: Loss Aversion US businesses foot the bill for Trump metal tariffs as requests for help go unanswered US lumber producers see huge opportunity, rush to expand China is investing 9 times more into Europe than into North America, report reveals U.S. Dealers Expect Foreign Cars to Cost More If Auto Tariffs Enacted Automakers to Trump: Stop the Tariff Crap US API criticizes lack of steel tariff exceptions for oil, gas companies Trump's approval ratings may hold clues to where US trade disputes are heading Sharp tariffs and heated words — a blow-by-blow look at global trade in 2018
(DBN)

Investors haven’t been this concerned about growth since early 2016
(DBN)

America may not have the tools to counter the next financial crisis, warn Bernanke, Geithner and Paulson
(DBN)

Blue states file suit against the US over tax deduction limits NY Leads Challenge to New Law's Cap on State, Local Tax Deduction Four states sue federal government over GOP property tax law changes States Are Suing For Their SALT Deductions Back Under The 16th Amendment
(DBN)

For many millennials, one job is not enough to make ends meet
(DBN)

Why It’s Taking So Long for Trump’s Infrastructure Plan to Land
(DBN)

Russia Liquidates Its US Treasury Holdings
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

Mortgage applications fall 2.5% as buyers struggle to find affordable homes
(DBN)

NAHB: Builder Confidence Unchanged at 68 in July
(DBN)

Greenspan 13 Years Ago: "Froth in housing markets"
(DBN)

Your best—and worst—shot at buying a home is in these cities
(DBN)

Here's how San Francisco's housing market took a turn toward crisis
(DBN)

Zillow: Blacks and Latinos have to spend more than 30% of income to pay rent
(DBN)

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Municipalities:

An assumed ‘Treasury put’ may have doomed Puerto Rico bond investors
(DBN)

Judge sets procedure to separate Puerto Rico sales tax revenue among creditors
(DBN)

America's Worst States to Live In
(DBN)

Cities In Distress: Michigan's Emergency Manager Law And Flint
(DBN)

Detroit's bankruptcy saga is being made into a documentary Why is a Philly politico and dealmaker filming Detroit's bankruptcy and renewal?
(DBN)

Even 5 years later, retirees feel the effects of Detroit's bankruptcy
(DBN)

Detroit's historic bankruptcy and more contributed to city's revival
(DBN)

On This Day: Detroit files for bankruptcy
(DBN)

A Detroit neighborhood asks: When will the city's comeback reach us?
(DBN)

Five years on, Detroit shows real gains
(DBN)

Pension Problems: Lawmakers Warn Of Economic Fallout From Failing Pensions
(DBN)

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Oil/Gas:

Oil recovers as U.S. stockpiles seen dropping amid supply bubble
(DBN)

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Healthcare:

9 notch downgrade: S&P lowers Nacogdoches County Hospital District's rating to 'B-'
(DBN)

Lawsuits Targeting Doctors Next Opioid Litigation Wave?
(DBN)

The Baby’s Coming. But the Hospital Is 100 Miles Away.
(DBN)

Trump: Vets Health Care Benefits Need Cuts
(DBN)

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Food/Beverage:

Tops Markets shows more signs of improvement in bankruptcy
(DBN)

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Finance:

General Electric still wrestles with a big problem: GE Capital
(DBN)

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Non-Profits:

Red state charities could be collateral damage from the GOP's war on California's high taxes
(DBN)

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Food/Beverage:

Papa John’s Founder Says Resignation For Racial Slur Was a Mistake
(DBN)

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Corporate Reform:

House Set to Roll Back Finance Rules in Rare Bipartisan Move
(DBN)

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Student Debt:

Parents Owe More in Student Loans Than Their Kids
(DBN)

Government to Blame for Student Debt Crisis in U.S.
(DBN)

Student loan scams are on the rise
(DBN)

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Personal Finance:

One millennial explains how she survives New York on a $25/hour salary
(DBN)

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Marijuana:

Cannabis, Cash, and Crime
(DBN)

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Fraud:

Law Firm, Investors Ink $18.5M Deal Over Ponzi Scheme
(DBN)

Investors Say JPMorgan Knew About Alleged Ponzi Scheme
(DBN)

Fulton Bank alleges Worley & Obetz CEO carried out 4-year ‘massive’ fraud
(DBN)

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Entertainment:

Weinstein Co asks court to set higher fee cap for counsel Seyfarth Shaw
(DBN)

Ron Burkle sues for cut of Weinstein Company sale
(DBN)

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Hotels:

TIME Nyack: Investors insist hotel will succeed post-bankruptcy
(DBN)

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Bankruptcy Crimes:

Vaughan resident charged with bankruptcy fraud
(DBN)

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Transit:

Lack of Las Vegas Monorail Funding Leaves Mandalay Bay Stop for Raiders Stadium Opening in Question
(DBN)

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New Bankruptcy Opinions
(2 new opinion 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 (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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Trustees:

Notice of Open Position - Chapter 7 Panel Trustee, Greensboro or Winston Salem Division
(DBN)

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Miscellaneous:

Overview Of Some Recent Bankrupt Companies
(DBN)

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Mediation:

Mediation and Early Neutral Evaluation in Consumer Disputes — England, Wales And ABI Consumer Commission
(DBN)

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Contempt:

Practice Pointers – When Faced With A Dispute Over a Court Order, Seek Court Intervention Sooner Rather Than Later or Face Civil Contempt Sanctions
(DBN)

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Bankruptcy Remoteness:

In Re Franchise Services of North America, Inc.: The Fifth Circuit Explores Restrictions on Bankruptcy Filing
(DBN)

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Claims Trading:

Investors Beware: Exercising Care When Purchasing Bankruptcy Claims
(DBN)

You Get What You Get and You Don’t Get Upset: Delaware Bankruptcy Court Enforces Anti-Assignment Clause
(DBN)

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IP:

From Gucci to Knock-off: How Bankruptcy Leaves Trademark Licensees at Risk
(DBN)

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Ch. 13:

Chapter 13 Plan Forced Vesting: If There Is No Objection And A Plan Is Confirmed, The Matter Is Settled Whether The Law Is Or Not
(DBN)

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Tax:

Pay off Taxes on a Credit Card Then File Bankruptcy To Wipe Out the Credit Card…will it work?
(DBN)

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Corporate Governance:

Chancery Considers Permissive v. Exclusive Forum Selection Clauses
(DBN)

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Retailing:

Nine West reportedly looking to sell its remaining business
(DBN)

Gap Sues Westfield Over Mall Expenses as Tensions Rise in Retail World
(DBN)

Amazon says US Prime Day sales 'so far bigger than ever' as glitch is resolved Amazon shares rebound, report says Prime Day sales jumped 89 percent in first 12 hours of the event Amazon Prime Day Met with Strikes, Boycotts
(DBN)

Macy's and Kohl's Bonds Outperform, Defying U.S. Retail Malaise
(DBN)

Dead retail on Central Avenue: What's coming next?
(DBN)

Claire's, Oaktree trade blows over retailer's push to exit Chapter 11
(DBN)

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Pharma:

U.S. to Make More Drugs Easily Available, Cutting Role Docs Play
(DBN)

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Mining:

ERP seeks voluntary bankruptcy protection
(DBN)

Over $250 billion has been 'squandered' by mining companies over the last 10 years
(DBN)

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Advertising:

Videology auctioned off to Amobee for $US101m
(DBN)

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Soccer:

Mike Piazza's soccer team goes bust
(DBN)

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Autos:

Ford Will Pay $300 Million to Put the Takata Airbag Nightmare Behind It
(DBN)

Tesla stock sank after Musk tweeted, again Elon Musk has apologized for calling a Thai caves rescuer 'pedo guy' Elon Musk vs. Everybody Elon Musk's First Wife Talks Messy Divorce
(DBN)

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UK:

Is it time for Estate Agents to “move-on”?
(DBN)

U.K. Lawmakers’ Efforts to Rewrite Brexit Plan Imperil Theresa May’s Strategy British people would rather stay in the EU than accept a no-deal Brexit Theresa May Dodges Another Brexit Bullet This stock sector could really tumble as Brexit stirs up political turmoil in U.K.
(DBN)

Now that the World Cup dream is over English football must confront an insolvency nightmare
(DBN)

The British woman killed by nerve agent reportedly sprayed it on her wrists because it looked like perfume
(DBN)

One in three West Midlands companies hit by domino effect of another firm's failure
(DBN)

1500 jobs at risk as Gaucho collapse deepens high street crisis
(DBN)

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EU:

EU fines Google $5 billion
(DBN)

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PIIGS:

Epidemic of calcio bankruptcies
(DBN)

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Canada:

Canada's High Arctic Glaciers May Disappear
(DBN)

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Turkey:

Reform in Restructuring and Insolvency Practice
(DBN)

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India:

The time has come to force promoters out of companies where appropriate
(DBN)

‘At times, insolvency law is frustrating’
(DBN)

Fake news is fueling mob murders
(DBN)

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Brazil:

AP Holding bankruptcy would cause Alpesca’s fishing permit loss
(DBN)

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MENA:

The New Bankruptcy Law Of Saudi Arabia
(DBN)

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China:

A tech cash crunch is latest sign of trouble for China's economy
(DBN)

The trade war is complicating China's efforts to fix its economy
(DBN)

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MENA:

The new US Embassy in Jerusalem will cost nearly 100 times more than what Trump said
(DBN)

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