Daily Bankruptcy News
April 3, 2018


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Law:

Schulte Roth & Zabel Announces Addition of Leading Corporate Restructuring Lawyer
(DBN)

Meet the Apple Lawyer Who Also Crushes Spartan Races
(DBN)

Report Finds Steady Pace Continuing for Law Firm Mergers
(DBN)

McDermott reportedly plans to hire about 50 DLA Piper lawyers Biglaw Firm Swipes ~50 Lawyers From DLA Piper, Adds $100 Million In Revenue
(DBN)

Bryan Cave Leighton Paisner Brings Together 2 Leaders, 2 Firms
(DBN)

Seven Changes in the Legal Job Market Impacting New Lawyers
(DBN)

Holland & Knight's $35M Malpractice Loss Nixed On Appeal
(DBN)

Law Firms Struggle to Understand Financial Value of Legal Technology
(DBN)

11th Circ. Revives Bankruptcy Client's Claims Against Attys
(DBN)

Law Firms Versus Corporations: What Counts As Work
(DBN)

Data-Driven Client Retention Program Wins Fans at DLA Piper
(DBN)

Facebook’s Problems Spotlight Elevated Role of In-House Lawyers
(DBN)

5 Signs You Are Going To Fail The Bar Exam
(DBN)

Law Students Benefit From 'Brain Training,' Study Finds
(DBN)

Law School Applicants From Top Colleges Decreased 7% In 2017, Down 45% Since 2008
(DBN)

Law School Rankings By Student Quality (LSAT And UGPA)
(DBN)

Lindsay Lohan Punks Harvard Law School
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Lincoln Law School of San Jose files antitrust suit against California Bar, others
(DBN)

‘I have two law degrees, now I sell juice made from wonky fruit for a living’
(DBN)

First Monday Musings By Dean Vik Amar: The Good, The Bad, And The Ugly Of ABA Reaccreditation Of Law Schools
(DBN)

The hacked emails at the center of Mueller’s Russia investigation, explained Roger Stone’s claim of a Julian Assange meeting draws scrutiny Trump's claims were 'false and utterly absurd': The wife of fired FBI deputy director Andrew McCabe says the president's attacks turned their lives upside down McCabe Says He’s ‘Overwhelmed’ by Donations to Legal Fund, Says He’ll Stop Collecting Money Rep: Andrew McCabe Lied Four Times Mueller's team 'informally met' with a consulting firm on its work with the UAE, report says What Went Wrong With ‘What Went Wrong at the FBI’ Mueller Found a Very Dishonest Way to Shroud His Investigation in Secrecy
(DBN)

The definitive guide to the Stormy Daniels scandal Trump's lawyers trying to make Stormy Daniels' case go to arbitration, miss her day in court Is Returning The Money Enough To Rescind An NDA? Actor Seth Rogen Said He’s Known about Trump and Stormy for a Decade Stormy Daniels' lawyer vows to 'boil' Trump 'like a frog in a saucepan'
(DBN)

Gun Culture Is My Culture. And I Fear for What It Has Become Guns are responsible for the largest share of U.S. homicides in over 80 years, federal mortality data shows Everything Wrong With The Parkland Kids And Why You Should Support Them Anyway
(DBN)

Law Firms Are Getting Caught Up in the Gun-Control Debate
(DBN)

'Affluenza teen' who killed 4 in drunken-driving incident and fled to Mexico to be released after serving 2 years
(DBN)

Why America’s next census is controversial The U.S. Census Bureau Gave Up Names of Japanese-Americans in WW II
(DBN)

American colleges have a massive r--- problem, with no clear solution in sight
(DBN)

Snubbing Trump DOJ, Big Law firms back Hawaii amici in SCOTUS travel ban case
(DBN)

Punk rock drummer-turned-doctor performs CPR on potential juror in his med-mal trial
(DBN)

Congratulations to the winners of the 2018 Peeps in Law diorama contest
(DBN)

Leader of Justice Department unit is demoted after questions about bias
(DBN)

Attorney Files $100 Million Lawsuit Against Critic, Ethics Grievant
(DBN)

Jared Fogle Sues Prosecutors, Judges for $57 Million
(DBN)

FactCheck: The census "for years and years and years, decades, has asked, ‘Are you a citizen of the United States of America?’"
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Judges:

BK CD CA: Judge Meredith Jury Retiring In June
(DBN)

Federal Judiciary Misused PACER Fees, Judge Says in Class Action Ruling Judge Declares Some PACER Fees Illegal Courts Improperly Spent $200M In PACER Fees, Judge Rules Pacer fees shouldn’t have been spent on courtroom technology, federal judge says PACER Shouldn't Fund Court Tech, Judge Rules
(DBN)

The Battle for the 9th Circuit Court Falls Silent
(DBN)

Immigration judges face new quotas in bid to speed deportations Justice Department imposes quotas on immigration judges, provoking independence concerns Trump’s New Quota System for Immigration Judges Could Backfire Big Time
(DBN)

Pardon Her French: Sotomayor Voices Frustration With Her Colleagues
(DBN)

Judge Arrested After Allegedly Breaking Into Former Intern’s House To Steal Panties
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Wall Street:

U.S. stocks poised for a higher, but nervous, start after tech-driven selloff US futures point to a mixed open as concerns over tech and trade weigh
(DBN)

European stocks slump, as techs follow U.S. lead lower
(DBN)

Stocks open lower after China slaps new tariffs on US goods Dow plunges more than 500 points as Trump picks on Amazon and trade-war fears return Dow plunges more than 700 points as Amazon tumbles Dow, S&P 500 set for lowest close since November Tech Stocks Plunge in Growing Backlash U.S. markets slump from trifecta of tech rout, tariffs and a miss on manufacturing reports Tech stocks dive into negative territory for 2018 amid trade-war fears Stocks shatter key level in sell-off that signals potential for bigger correction
(DBN)

White House trade adviser: Market isn't reacting to Trump agenda
(DBN)

10-year Treasury yield nears 2.70% as investors rush to haven assets
(DBN)

Wall Street's 'fear index' jumps 20% amid stock selloff
(DBN)

Wall Street bonuses are back to pre-crisis levels
(DBN)

This warning flag is signaling more pain for stocks to come
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Autos:

Vilas Capital CEO Sees Possible 3 to 6 Months Tesla Bankruptcy This could be the most critical week in Tesla's history Elon Musk Is Trying to Laugh His Way Out of Tesla's Worst Month in 7 Years Elon Musk Is Back to Sleeping at the Factory Musk's Joke Falls Flat Amid Tesla Model 3 Output Risk, Cash Burn Tesla's dumb, awful weekend Tesla shares drop 7% after its big Model S recall and more questions about Autopilot Musk's Jokes Aside, Tesla's Tumult Continues Can Elon Musk avoid the fate of John DeLorean? Tesla CEO may need to 'rethink' strategy Options Investors Brace For Plunge in Tesla Stock Tesla is making over 2000 Model 3s a week, as crucial deadline approaches Tesla shares plunge after regulator's rebuke over fatal crash Tesla's Savior Could Be Arriving Shortly Elon Musk's Tesla Bankruptcy Joke Shows 1 Way to Overcome Fear Tesla Faces Bond Decisions as Debt Woes Worsen The Cult of Elon Musk Amid Tone-Deaf Tweets Elon Musk fires back at report that a Tesla Model 3 shakeup is underway Elon Musk takes charge of Tesla Model 3 production from former Apple executive
(DBN)

Tesla's Very Bad Week Could End Up Costing Elon Musk His $2.6 Billion Bonus
(DBN)

Storm clouds for the electric vehicle market: EPA & Tesla
(DBN)

CA. will allow Full driverless Vehicles Test on Roads
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Politics:

Trump slams Democrats, calls for 'nuclear option' to stop caravan of Central American immigrants
(DBN)

Putin's $19,200 rent-a-mobs: Emails show Russia uses paid thugs and email hackers to sow dissent and chaos abroad
(DBN)

12 surprising people Donald Trump has been friends with over the years
(DBN)

Trump finally gives Obama a nickname
(DBN)

The Kushners Saw Redemption in the White House. It Was a Mirage.
(DBN)

Cuban: More likely he'll run for president if Dems lose midterms
(DBN)

Kasich on Trump presidency: “I continue to be disappointed"
(DBN)

GOP lawmaker: Republicans 'would be well-advised to get ready' for Dem wave in midterms What will happen if Democrats retake the House?
(DBN)

Trump congratulates Egypt's al-Sisi for victory in sham election
(DBN)

White House investigates EPA chief Pruitt over sweet rental deal Pruitt’s rough patch
(DBN)

Donald Trump Won't Be Mentioned Again on 'Roseanne'
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Tech:

Fitbit shares plunge 9% after Morgan Stanley downgrades: 'Hard to see a floor'
(DBN)

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Student Debt:

A second chance for student loan forgiveness
(DBN)

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Agriculture:

Tyson Foods shares drop the most in 17 months on China's retaliatory tariffs
(DBN)

Will Trump Crash the Farm Economy?
(DBN)

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Economy:

ISM manufacturing slows in March; construction spending ticks up in February ISM Manufacturing index decreased to 59.3 in March
(DBN)

Manufacturing Jobs Are Still Pretty Good Jobs
(DBN)

How Does Your Pay Stack Up?
(DBN)

Inflation Could Help Ease the U.S.'s Debt Burden
(DBN)

Stocks on track for worst start to April since the Great Depression
(DBN)

New York just became the first state to try to help people dodge a big change in the new GOP tax law — and it could backfire Gov. Cuomo tries shielding New Yorkers from GOP tax law, in possible model for Democratic-controlled states
(DBN)

Trump will take his trade war to China's tech sector this week U.S. industry giants rebel against possible trade war US Keeps Hammering China With New Trade Barrier Findings U.S. Trade Dependency with China (by State) China Whacks $3B Of US Goods Wine, Pork, Pipes: China Slaps Tariffs on 128 U.S. Products China Tariffs US Ethanol Exports The full list of 128 US products targeted by China’s retaliatory tariffs Some companies may reduce their reliance on the US after Trump's trade moves China’s tariffs on American goods hit hard at areas that voted for Trump Here's How Trump Is Expected to Retaliate Against China's New Tariffs China tariffs could be 'tip of the iceberg' in a 'long, entrenched trade war' US-China trade war is a 'very low probability,' says top market strategist The US is set for a trade war with China's economy — you should know what it's up against
(DBN)

Who’s going to win? Chinese workers or robots?
(DBN)

Trump trade advisor Peter Navarro: If we hit all points of Trump's agenda 'the market will go up'
(DBN)

Trump reportedly wants a NAFTA overhaul deal within two weeks
(DBN)

Why We Haven't Noticed Our Tax Cuts
(DBN)

15 major companies that are investing their tax savings in employees, jobs, and communities McDonald's uses tax cuts to boost employee tuition benefits
(DBN)

Rising Rates Sounding Alarm Bells for Debt-Laden U.S. Consumers
(DBN)

Despite the recovery, paying the mortgage can still be a hurdle : Comparing mortgage, credit card, and commercial real estate delinquency rates
(DBN)

7 ways millennials' lives are no different than their parents' at their age
(DBN)

For the first time ever, young Americans are less optimistic than their parents
(DBN)

McDonald’s Workers Say the Company Is Breaking Its Minimum Wage Pledge
(DBN)

US Trucking Prices Are About to Rise Even More
(DBN)

Market Selloff Hits Little-Watched Consumer Discretionary Sector
(DBN)

Trump Says DACA Is ‘Dead,’ and Calls for Action by Mexico Koch-backed groups aren’t happy with Trump’s “DACA is dead” tweet Trump wants Congress to 'act now' on immigration, but that's unlikely to happen The White House is working on a new immigration package
(DBN)

Construction Spending increased 0.1% in February
(DBN)

The Problem a Balanced Budget Amendment Can’t Fix
(DBN)

This is the best city to find a job right now
(DBN)

Americans Have an Urge to Splurge
(DBN)

US Debt Clock
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World Debt Clock
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How People Really Live
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Real Estate:

Dear Mortgage Lenders – This New Law is for You!
(DBN)

"Mortgage Rates Begin April Near 2-Month Lows"
(DBN)

Homeowners are sitting on $5.4 trillion in ready cash, the most ever J.D. Power: Time to prepare for upcoming HELOC boom
(DBN)

Serious Delinquency Rate for Mortgages Decreased Slightly in February
(DBN)

Why you won’t get rich flipping homes
(DBN)

New York's luxury real estate market is in a correction Manhattan Home Sales Tumble Most Since 2009 as Buyers Push Back
(DBN)

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Municipalities:

Puerto Rico governor slams congressman over 'dictatorial' letter
(DBN)

Puerto Rico governor defies board, rejects reform, pension cuts
(DBN)

Head Of PR House: No Pension Cuts Or Civil Service Salary Cuts
(DBN)

Puerto Rico bond rally, Hartford bailout
(DBN)

Puerto Rico's New "Education Reform" Paves Way for Charters, Vouchers
(DBN)

Wave of teachers' wildcat strikes spreads to Oklahoma and Kentucky Why teachers’ strikes are becoming a nationwide movement Teachers on Strike in 2 More States: ‘It Really Is a Wildfire’ Teachers' Revolt at Oklahoma State Capitol Pay Teachers What They're Worth
(DBN)

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Oil/Gas:

Oil prices tank nearly 3% as geopolitical anxiety 'comes racing out of the market'
(DBN)

In the Oil Patch, Bigger Is No Longer Better
(DBN)

Oil futures decline as investors flee risky assets
(DBN)

EV Energy Partners Files for Chapter 11 to Implement Debt Restructuring and Files Its Form 10-K for 2017 EV Energy Partners: Credit Facility Covenants Prompt A Restructuring
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Biofuels:

Why Trump Won't Touch Moonshine - A refinery's bankruptcy heats up a political battle over the market that props up ethanol demand
(DBN)

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Coal:

US power producers: coal hearted
(DBN)

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Electricity:

Why FirstEnergy Subsidiaries Seek Bankruptcy for Merchant Power Business
(DBN)

Power generator FirstEnergy Solutions files for Chapter 11
(DBN)

FirstEnergy Solutions in a hurry at bankruptcy court, will keep power plants operating for now
(DBN)

FirstEnergy Seeks Corporate Fossil Fuel Bailout Amidst Bankruptcy
(DBN)

Murray Energy Fears FirstEnergy Solutions Bankruptcy Could Have Ripple Effect
(DBN)

Appalachia Natural Gas Surplus Cited in FirstEnergy Bankruptcy Filing Lights to stay as FirstEnergy Solutions cites fracking as a leading cause of bankruptcy
(DBN)

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Currency:

Bitcoin's market value should fall by more than a third before year-end, Swiss researchers say
(DBN)

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Plastics:

Judge OKs bankruptcy sale of M&G's Corpus Christi plant
(DBN)

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Media:

Sinclair calls out critics and defends its decision to force news anchors to recite 'false news' speech after video goes viral
(DBN)

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Mass Torts:

Cleaning Up The Asbestos Litigation Mess: A Role For The Department Of Justice?
(DBN)

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Fraud:

The SEC Isn't Happy When Pastors Fleece the Elderly
(DBN)

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Debt Collection:

FDCPA Caselaw Review for February
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Corporate Reform:

Trump wants to curb the CFPB
(DBN)

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Radio:

iHeartMedia Bankruptcy: How the Chapter 11 Will Work
(DBN)

Cumulus noteholders object to Ch. 11 plan's proposed distribution
(DBN)

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Sports:

Astros, Leslie Alexander could owe Comcast $54 million or more
(DBN)

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Hotels:

Bankruptcy settlement would mean new owners for Embassy Suites in Loveland
(DBN)

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New Bankruptcy Opinions
(4 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (49 new filings today)
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Recent Ch. 11 Adversary Proceeding Filings (33 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)

Bankruptcy Jobs:

(1) (2) (3) (4) (5) (6) (7) (8)
(DBN)

Seminars - (Contact us to list your seminar)

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Bankruptcy Statistics:

Weekly Bankruptcy Claims Trading Activity
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Q1: 14 Ch. 11s Over $1B
(DBN)

Q1 Bankruptcy Flash Report: No Rx for Healthcare or Retail – The Deal Power Rankings Q1 Restructuring Flash Report: A Reprieve for Energy

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Discharge:

Bankruptcy court ruling a victory for all journalists, attorney says
(DBN)

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Plan Confirmation:

Ninth Circuit Holds That Impaired Accepting Class Requirement Applies to Plan Confirmation on a “Per-Plan” Rather Than a “Per Debtor” Basis
(DBN)

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Arbitration:

Second Circuit Court Declines to Enforce Arbitration Clause
(DBN)

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Litigation:

A model of efficiency: Case expense financing for law firms
(DBN)

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Taxis:

Crickets as taxi lender opens medallion bidding at $200K
(DBN)

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Entertainment:

Weinstein Accusers Face Uncertain Path In Ch. 11 Case ‘Hotel Mumbai’ Producers Want Film Left Out of Weinstein Co. Bankruptcy Sale
(DBN)

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Food/Beverage:

Who will own Southeastern Grocers?
(DBN)

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Retailing:

Charlotte Russe Restructuring: Turnaround Blueprint or Retail Anomaly?
(DBN)

Trump Tweet Sends Amazon Shares Tumbling: But What Does He Mean About The Post Office? FactCheck: "Only fools, or worse, are saying that our money losing Post Office makes money with Amazon. THEY LOSE A FORTUNE, and this will be changed." Here's how Amazon will win the tax war with Trump Trump hits Amazon yet again Monday: Claims post office losing 'a fortune' and other retailers pay more in taxes Trump continues his Twitter war with Amazon and the stock is sinking ‘It’s war’: Trump reportedly seeking ways to hurt Amazon
(DBN)

The Rise and Fall of Toys "R" Us
(DBN)

Toys R Us to sell its Asian unit
(DBN)

Toys R Us slammed for refusing gift card of crying little girl, 3, for Little Mermaid toy
(DBN)

Babies 'R' Us Registry Is Closing: What Will Members And Gift Givers Do Now?
(DBN)

Bankrupt retailer A'Gaci cancels auction
(DBN)

FTI to advise on restructuring as Claire's files for bankruptcy
(DBN)

These investors are sticking with retailers despite the ‘apocalypse’
(DBN)

Mall Vacancies Reach Six-Year High as Retail Slump Batters Local Economies
(DBN)

Is Retailmageddon Impacting Shopping Centers?
(DBN)

Bon Voyage For Bon-Ton?
(DBN)

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Celebs:

Anthony Bourdain was 10 years behind on his taxes—here's what happens if you don't pay yours
(DBN)

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Healthcare:

Buffalo: CCS Oncology files for bankruptcy CCS Oncology vows to keep serving patients
(DBN)

Senate Examines 1,400% Price Spike for 40-Year-Old Drug
(DBN)

What It’s Like Living Without Health Insurance in America
(DBN)

Interactive Chart: 35 Years of US Deaths
(DBN)

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Personal Finance:

1 in 5 workers admit to stealing a colleague's lunch
(DBN)

This is the worst financial mistake a grandparent can make
(DBN)

35 things you should know about money by the time you’re 35
(DBN)

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Building Materials:

Geo. V. Hamilton, Inc. Exits Chapter 11 Bankruptcy
(DBN)

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Golf:

NV: Bankrupt golf course in Henderson may close by this fall
(DBN)

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Aviation:

Lack of pilots shuts down US regional Great Lakes Airlines
(DBN)

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UK:

Facebook reveals its gender pay gap for UK staff
(DBN)

Wife's £3.5M gambling debt left Christopher Forte homeless and bankrupt
(DBN)

Don’t be a victim of ‘Insolvency Service’ telephony scam
(DBN)

UK government to examine airline insolvency procedures
(DBN)

The U.K. Finance Gender Pay Gap Isn't Bad. It's Worse
(DBN)

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India:

India pushes state banks to find own funding sources after $32 billion bailout
(DBN)

India's stressed bank loans tick up to $146 billion in December, RBI data shows
(DBN)

NCLAT Allows Parties To Settle Dispute Over Binani Cement Sale
(DBN)

Insolvency cases: Banks make third list for NCLT
(DBN)

Crisil’s big warning for Indian banks, says NPAs to peak mid-way in FY19
(DBN)

Jeweler to the Stars Flees as India Seethes Over Bank Fraud
(DBN)

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South Korea:

Household debt growth seen accelerating in March ahead of tougher rules
(DBN)

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Croatia:

Agrokor trustee to meet with suppliers on settlement deal
(DBN)

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Australia:

$500 million Surfstitch saga escalates
(DBN)

Oroton has passed a key decision
(DBN)

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China:

China's CDB holds creditors meeting to discuss CEFC debt
(DBN)

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MENA:

Saudi Crown Price: Israelis Have a Right to Their Own Land
(DBN)

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