August 5, 2021

The Daily Bankruptcy News

View prior editions: Click Here
View prior case summaries: Click Here
Search prior headlines: Click Here
Search prior case summaries: Click Here

Format For Mobile Device



Law:

Get Your Vaccine And Get It Now: Biglaw Firms Want To Open Their Offices
(DBN)

Crowd-sourced recommendations for what work practices to ditch & keep from the pandemic
(DBN)

Vaccine Mandates Are Trending Across Biglaw Firms
(DBN)

Cravath Delays Office Reopening, Will Allow Some Remote Work
(DBN)

Am Law 100 Firm Finally Hands Out Market Raises To Associates -- If They Bill Enough
(DBN)

Jones Day Opposes Couple’s Bid for Partnership Pay, Other Data
(DBN)

Vault ‘Quality Of Life’ Rankings: The Best Midsize Law Firms To Work For (2022)
(DBN)

The New Normal: Impact of the Global Pandemic on U.S. Restructurings
(DBN)

Law Schools Are Building Another Giant Lawyer Bubble Destined To Burst In The Legal Job Market
(DBN)

After his last firm dissolved, lawyer reinvents himself as conservative civil liberties warrior
(DBN)

More Law Firms Should Conduct Exit Interviews
(DBN)

Law prof who had COVID-19 sues over university's mask, testing mandates
(DBN)

Masterpiece Cakeshop Owner Will Appeal $500 Fine for Refusing to Bake Cake Celebrating Transgender Lawyer's Transition
(DBN)

Federal magistrate judge sanctions lawyers for election suit that was ‘one enormous conspiracy theory’ • Lawyers Must Pay Costs of ‘Fantastical’ Voting-Fraud Suit • 'One Enormous Conspiracy Theory': Judge Rips and Sanctions Lawyers Who Used 'Bad Faith' Lawsuit to Pin Trump's Election Loss on Everyone from Facebook to Dominion
(DBN)

Rudy Giuliani Cut Loose By Biglaw Firm 3 Years Ago... Why Is He Still Claiming To Work There?
(DBN)

This law school had the widest gap between student debt and graduate earnings
(DBN)

Poll: 83 percent of voters have a favorable view of police
(DBN)

Police brass eyed in probe of Black man’s deadly arrest
(DBN)

Podcast: Lessons Learned from Recent Restructurings by a Non-restructuring Professional
(DBN)

Trump asks court to block release of tax returns to Congress • Trump Lawyers Say Tax-Return Demand ‘Retaliation’ by Rivals
(DBN)

'It's a WAR!': Jan. 6 rioter with ties to Ammon Bundy arrested after filming QAnon shaman at Capitol • Five big questions as Jan. 6 panel preps subpoenas • Seeking Immunity From Suit Over Jan. 6th Attack, Rep. Mo Brooks Tells Judge He Was Simply 'Cooperating' with the 'White House' • Judge to Capitol Rioter: You Are Not a Patriot
(DBN)

“The Second Amendment Is Not Intended for Black People”
(DBN)

Nunes sues MSNBC, alleging Rachel Maddow defamed him • Devin Nunes Gets Out His Libelslander Lawsuit Dartboard, Lands On NBC
(DBN)

Manhattan, Westchester prosecutors request evidence from Cuomo investigation • Quirky N.Y. Law Prevented Attorney General From Charging Cuomo
(DBN)

Mexico sues gun firms in U.S., seeks estimated $10 bln damages • Mexico Sues Smith & Wesson and Glock Over Smuggled Firearms
(DBN)

ACLU intends to pursue suit after Biden administration continues expelling those arriving illegally
(DBN)

U.S. to outfit border agents with body cameras in major oversight move
(DBN)

______________

Judges:

Notice of Vacancy United States Bankruptcy Judge Dallas, Texas
(DBN)

Poll: Public opinion of Supreme Court sags over past year
(DBN)

"Not patriotism": Sentencing judges rebuke Capitol rioters
(DBN)

______________

Wall Street:

Dow ends lower as investors get jittery about Fed raising interest rates as economy recovers
(DBN)

HSBC increases U.S. first-year analysts pay to $100,000
(DBN)

______________

Layoffs:

Employees demand pay after Tennessee hospital closure
(DBN)

______________

Cruise Lines:

Royal Caribbean bets on vaccines for safe voyages as Delta variant weighs
(DBN)

Royal Caribbean's cruise bookings jump, says Delta impact modest
(DBN)

____________

Education:

Meet 3 teachers who had enough and switched careers, including a woman who won 'Teacher of the Year' twice
(DBN)

Chaos and confusion: Back to school turns ugly as Delta rages
(DBN)

____________

Student Debt:

Will The Government Extend The Student Loan Repayment Moratorium Or Cancel The Loans Altogether?
(DBN)

The FRESH START Through Bankruptcy Act of 2021
(DBN)

____________

Hedge Funds:

Employees at Bill Hwang's Archegos face losing about $500 million in bonuses after the fund's implosion, report says
(DBN)

____________

Fraud:

Elizabeth Holmes Judge Won’t Block Theranos Patient Complaint Evidence
(DBN)

____________

Pharma:

The Full Video of Richard Sackler’s Testimony About Purdue Pharma and the Opioid Crisis
(DBN)

How opioid use across America varies by insurance coverage
(DBN)

____________

Coal:

Hundreds rally for striking coal miners in Alabama
(DBN)

____________

Payroll Services:

Victims of MyPayrollHR collapse reveal pain and suffering
(DBN)

____________

Festivals:

Sturgis bike rally revs back bigger, despite virus variant
(DBN)

____________

Healthcare:

The U.S. again ranks last in health care compared with other high-income countries: report
(DBN)

Delta's peak is difficult to project, but could come this month
(DBN)

A Doomsday COVID Variant Worse Than Delta and Lambda May Be Coming, Scientists Say • Fauci Fears a Worse Variant Coming
(DBN)

US Covid Cases Hit a Six Month High
(DBN)

Global COVID-19 cases surpass 200 mln as Delta variant spreads
(DBN)

As the more contagious delta variant circulates, public health experts say herd immunity has become an even more distant goal
(DBN)

Walgreens sees surge in U.S. COVID-19 vaccinations in recent weeks
(DBN)

North Texas Hospitals’ Request For Emergency Staff Denied By State
(DBN)

CDC: Delta variant accounts for 93 percent of all infections
(DBN)

Covid-19 cases among US children and teens jumped 84% in a week, pediatrician group says
(DBN)

Louisiana ICU Nurse Breaks Down Over Skyrocketing COVID-19 Cases
(DBN)

New poll discovers who Americans blame for current COVID-19 surge
(DBN)

I treat pediatric covid patients. What I'm seeing in our hospital scares me.
(DBN)

Unvaccinated, hospitalized: Patient now advocates for shots
(DBN)

Here's what we know about the delta plus variant; It's not good news
(DBN)

Obama scales back planned 60th birthday bash on Martha's Vineyard, citing spread of delta variant
(DBN)

Arkansas banned mask mandates. As schools get ready to reopen, the governor says he regrets signing the law.
(DBN)

Missouri county coroner removed covid from death certificates to 'please' grieving families
(DBN)

WHO calls for moratorium on COVID booster shots through September • WHO Calls for Halt on Boosters to Let Poorer Nations Catch Up
(DBN)

___________


Economy:

Warren Praises Brainard, Slams Powell Ahead of Biden Fed Pick
(DBN)

ISM® Services Index Increased to 64.1% in July • U.S. services sector growth accelerates despite supply constraints • U.S. Service Industries Expanded at a Record Pace in July
(DBN)

ADP: Private Employment increased 330,000 in July • Private sector adds 330K jobs in July, well short of expectations: ADP • U.S. Companies Add Far Fewer Jobs Than Forecast, ADP Data Show
(DBN)

What Does the World Worry About?
(DBN)

US economic recovery speed has been record-breaking. But don't get used to it
(DBN)

U.S. Economy May Only Grow 6.3% This Year on Supply Woes
(DBN)

JPMorgan's Jamie Dimon says he disagrees with the Fed on inflation being transitory - and once unemployment hits 4.5%, the central bank will start tapering
(DBN)

Fed's Clarida supports interest rates liftoff in 2023
(DBN)

10 million American workers are considering freelancing amid the 'Great Resignation'
(DBN)

One chart shows the explosion in high-paying work-from-home jobs during the pandemic
(DBN)

Work from home troubles many companies. Here's how to show the boss that you're on the job from anywhere
(DBN)

FTC warns of 'tidal wave' of mergers
(DBN)

Prospect of massive economic packages unleashes lobbying bonanza in Washington
(DBN)

Biden’s Infrastructure Bill Sets Up States for Road Windfalls
(DBN)

Senate GOP poised to give Biden huge political victory
(DBN)

New hurdle slows $1 trillion infrastructure bill
(DBN)

Senate GOP shifts focus to fight over Biden's $3.5 trillion budget
(DBN)

U.S. Treasury's Yellen touts infrastructure bill as reducing economic inequality
(DBN)

Trump COVID-19 testing czar: Businesses' vaccine mandates 'very reasonable'
(DBN)

New York City revives vaccine passports • L.A. will consider requiring vaccine proof at restaurants, gyms, indoor sporting events • ‘Enough is enough’: L.A. lawmakers want to require proof of COVID vaccination for indoor dining, bars, gyms • Amazon’s Covid Dilemma: Mandate Vaccinations and Risk Losing Workers • Boston Mayor Kim Janey compares vaccine passports to slave papers, birtherism • Nursing home to workers: Get vaccine or lose your job
(DBN)

Wegmans Asks Shoppers To Wear Face Masks, Even If Vaccinated For COVID-19
(DBN)

Why vaccine passports are still just a dream
(DBN)

The post-pandemic economy has already arrived
(DBN)

No, it's not a HIPAA violation for businesses to ask for proof you've been vaccinated. Here's what the healthcare privacy law actually means and what it protects.
(DBN)

How remote work raises the risks of cyberattacks
(DBN)

Wealthy people are renouncing American citizenship
(DBN)

Larry Elder: Minimum Wage Should be Zilch
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

MBA: Mortgage Applications Decrease in Latest Weekly Survey
(DBN)

Home and rent prices rise in cities even as working from home becomes more popular
(DBN)

Last-minute eviction ban extension fuels confusion and is too late for some • Biden buys time with new eviction ban • Cori Bush steers progressives to win on eviction crisis • Will new CDC moratorium keep tenants housed? • Landlords mount legal challenge to Biden admin's new eviction moratorium • Real Estate Groups Sue Over Evictions
(DBN)

Notice of Extension of the FHA Foreclosure-Related Eviction Moratorium
(DBN)

For Missouri Rep. Cori Bush, the eviction fight is personal
(DBN)

A Trump economic official said that 'the best way to make people homeless is to make housing free'
(DBN)

____________

Municipalities:

Judge rejects Puerto Rico retail committee for adjustment plan
(DBN)

Defaulted California Plant Turns to Burned Muni Holders for Cash
(DBN)

Detroit voters reject Proposal P and changes to city charter
(DBN)

____________

Oil/Gas:

Big Oil has big problems despite rising profits
(DBN)

Marathon Petroleum expects lower quarterly throughput on fuel demand woes
(DBN)

Carmakers to Join Biden to Roll Out Emission Cuts, EV Sales Goal
(DBN)

ConocoPhillips aims to collect $115 mln Jamaica owes Venezuela, records show
(DBN)

____________

Autos:

July Vehicles Sales Decreased to 14.75 Million SAAR
(DBN)

GM raises second half outlook despite the continued chip shortage • GM shares drop 7.8% despite record pre-tax profit, improved outlook
(DBN)

New York Auto Show Canceled Due To COVID-19 Delta Variant Concerns
(DBN)

____________

Nursing Homes:

Nursing homes' vaccine challenge
(DBN)


____________

Utilities:

Energy industry showers Abbott, other TX politicians with cash after they passed power grid bills
(DBN)

____________

Ride Hailing:

Uber Posts $509 Million Loss
(DBN)

____________

Travel:

Booking sales beat, but losses exceed expectations as travel industry continues to wait for a rebound
(DBN)

____________

Celebs:

Real Litigation of Beverly Hills: Ethics Lessons from the Thomas Girardi Bankruptcy Case
(DBN)

Erika Jayne Stoops to New Low in Legal Battle; Is She Headed for Jail?
(DBN)

Are RHOBH star Dorit Kemsley and her husband PK bankrupt?
(DBN)

____________

Politics:

America's pandemic of COVID hypocrisy
(DBN)

White House voices frustrations over pandemic media coverage
(DBN)

Florida poll: DeSantis falls behind Crist as COVID-19 cases surge
(DBN)

Majority of Americans believe worst in pandemic is still ahead: poll
(DBN)

Five takeaways from the Ohio special primaries • Ohio upset's '22 clues
(DBN)

New poll shows dead heat in California recall election
(DBN)

Democrats barrel toward August voting rights deadline
(DBN)

Poll: 63% of New York voters say Cuomo should resign • Carl Heastie: The Man Who Would Oversee Cuomo’s Impeachment • Political pressure grows on Cuomo; prosecutors eye him, too • Cuomo investigation: What we know and what’s next • The Cuomo drama is far from over • With Cuomo Teetering, New York May Get Its First Female Governor • Majority of NY Assembly would oust Cuomo if he doesn’t quit • ‘The Assembly Needs to Act with Deliberate Speed’: Gov. Cuomo Hemorrhages Allies as His Own Party Clamors for Resignation or Impeachment • ‘Trauma as his shield’: Cuomo’s apology, defense criticized • What Was Cuomo Thinking? • What I Saw Working for Andrew Cuomo
(DBN)

Schumer weaponizes August recess to advance Biden agenda
(DBN)

Liz Cheney: Dad Worries About Today's GOP
(DBN)

TX: GOP Official Mocked Covid, Dies from It
(DBN)

Vermont Town Taken Over by Extremists
(DBN)

____________

 
New Bankruptcy Opinions
(6 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (8 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (75 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)

______________

Bankruptcy Statistics:

Business and Nonbusiness Cases Filed, by Chapter of the Bankruptcy Code—During the Three-Month Period Ending June 30, 2021 • Business and Nonbusiness Cases Filed, by Chapter of the Bankruptcy Code—During the One-Month Periods Ending April 30, May 31, and June 30, 2021 • Business and Nonbusiness Cases Filed, by Chapter of the Bankruptcy Code—During the 12-Month Period Ending June 30, 2021 • Business and Nonbusiness Cases Filed, by Chapter of the Bankruptcy Code, District, and County—During the 12-Month Period Ending June 30, 2021 • Bankruptcy Cases Filed, Terminated, and Pending—During the 12-Month Periods Ending June 30, 2020 and 2021
(DBN)

Bankruptcy Filings Plunged to Lowest Number Since 1985 • United States sees fewest bankruptcy filings since 1985 • Bankruptcy filings lowest since 1985 amid pandemic relief
(DBN)

BK WD NY: Updated Case Filing Statistics
(DBN)

BK ME: Updated Case Filing Statistics
(DBN)

BK AZ: Updated Filing Statistics
(DBN)

Distressed companies open the liability toolbox to avoid full-blown bankruptcies
(DBN)

______________

Bankruptcy Remoteness:

Bankruptcy Blocking Rights - The Saga Continues
(DBN)

____________

Cross-Border:

Colombian payroll lender OK'd to tap U.S. bankruptcy loan
(DBN)

____________

Mediation:

JAMS Neutrals Discuss the Use of Mediation in Bankruptcy Cases
(DBN)

____________

Bad Faith:

Escape New York: Court Dismisses NRA’s Chapter 11 As Improper Tactic to Avoid New York’s Non-Profit Regulatory Scheme
(DBN)

____________

Aviation:

U.S. air-travel rebound stalls, Citi says
(DBN)

US to require COVID-19 vaccination for foreign travelers
(DBN)

Flying around the world amid shifting quarantine rules
(DBN)

Spirit Airlines cancels half its flights; American Airlines also struggling
(DBN)

How the pandemic is reshaping corporate travel
(DBN)

Frontier Airlines says it is now 'supporting' crew who restrained unruly passenger
(DBN)

Israeli airline El Al to carry out mid-flight COVID test trial
(DBN)

What’s the next chapter for PAL?
(DBN)

____________

Climate:

Wildfires blaze in Athens outskirts as Greece battles worst heat in 30 years
(DBN)

Virtually all emperor penguins doomed for extinction by 2100 as climate change looms, study finds
(DBN)

Hot, gusty weather could mean explosive fire growth in West • Huge California fire grows as heat spikes again across state • California Wildfires Expanding Rapidly
(DBN)

Terrifying Documentary on US Wildfires
(DBN)

Forest Service changes 'let it burn' policy following criticism from western politicians
(DBN)

California regulators vote to restrict water access for thousands of farmers amid severe drought
(DBN)

Debt investors retreat from funding dirty energy
(DBN)

Dixie Fire swells in Northern California, forcing residents to flee - some for a second time
(DBN)

Americans' climate action disconnect
(DBN)

Kerry names G20 climate holdouts, slams Trump for destroying U.S. credibility
(DBN)

This year’s summer of climate extremes hits wealthier places
(DBN)

Early Hurricane Lull Ending, With New Forecast for Up to 21 Storms
(DBN)

____________

Sovereigns:

Argentina Met With IMF Staff for Technical Talks in Washington
(DBN)

____________

UK:

Britain to offer COVID shots to all 16- and 17-year-olds
(DBN)

Provident Financial's Scheme of Arrangement Is Approved by UK Court
(DBN)

City of London Will Struggle to Lure Workers Back, L&G Boss Says
(DBN)

___________

EU:

Europe’s Pandemic Aid Is Winding Down. Is Now the Best Time?
(DBN)

____________

France:

French President Macron Says Anti-Vax Protesters Have Lost Their Minds
(DBN)

____________

Greece:

Greek businesses risk missing out on economic recovery
(DBN)

____________

Israel:

Israel Urges Work-at-Home as Cases Climb, Warns Over Lockdowns
(DBN)

'Winning a medal doesn't make him Jewish': Israel's gymnastics champion tumbles into marriage controversy
(DBN)

Israel tightens restrictions on travelers from United States
(DBN)

____________

Lebanon:

Collapse: Inside Lebanon’s Worst Economic Meltdown in More Than a Century • Grieving and angry, Lebanese mark year since horrific blast
(DBN)

____________

Australia:

Treasury consults on Australian creditors’ schemes of arrangement reforms
(DBN)

Report suspected phoenix activity
(DBN)

____________

China:

China seals city as its worst virus outbreak in a year grows • Delta variant challenges China’s costly lockdown strategy
(DBN)

____________

Japan:

Tokyo logs record 5,042 cases as infections surge amid Games
(DBN)

____________

India:

Parliamentary committee calls for overhaul of bankruptcy code
(DBN)

Insolvency plea by financial creditors exempt from 3-year time limit: SC
(DBN)

About 19,000 insolvency cases closed, liquidation remains minimal: IBBI chief Sahoo
(DBN)

____________

Indonesia:

Indonesia surpasses 100,000 deaths amid new virus wave
(DBN)

____________

South Africa:

Wealth Gap in South Africa Unchanged Since Apartheid, Group Says
(DBN)

____________

Philippines:

Lockdowns pushing hog, poultry raisers to bankruptcy
(DBN)

___________


The Daily Bankruptcy News is primarily a curated news link gathering service.   Most of the headlines contained in the publication are a collection of links to stories posted on the Internet by various third party publications.  Such content is owned by third party sources, not The Daily Bankruptcy News, and in some cases, these links change or expire, which means you may not be able to view some news stories in prior editions of the Daily Bankruptcy News. The DBN subptption fee is not a fee for access to the content of the links, but is a charge for the considerable work involved in gathering, organizing and presenting the links. Use of this site and The Daily Bankruptcy News is subject to our Terms of Use. If you received The Daily Bankruptcy News via email (and you have a paid subscription account), to view a news story, click on the headline, and the story should open in your web browser. To view additional stories, click back to the email and click on additional headlines, which will cause new stories to open in your web browser.  You can view the most recent edition of The Daily Bankruptcy News on the web at BKInformation.com.

Advertising
Advertising is available in The Daily Bankruptcy News. Click here for details  Feel free to contact us with any questions.

Passwords/Subscriptions
Access to certain links in The Daily Bankruptcy News is available only to readers holding a paid service subscription. These links are currently marked with a "DBN" notation. The cost of a subscription is $69.00/year, payable annually.  Volume discounts are available for sites with multiple users. Click here to see a schedule of discounts. Complimentary subscriptions are available for full-time educational and governmental employees and for full time students. For information about discounts or educational/governmental subscriptions, contact us by clicking here. A separate password is required for each member of a firm wishing access to restricted links.

New readers can receive a free password good for 30 days by clicking here. 30-day passwords are not available to readers who have previously had a password, even if the password was associated with a different email address used by the reader. Refunds are not available after purchase.

Readers who wish to change their passwords should click here. Readers who have forgotten their password should click here.

Adding Your Email Address To The Distribution List
If you would like to start receiving The Daily Bankruptcy News by email each day, click here, and fill in the information requested. There is no charge to be placed on the distribution list to receive the headlines, although access to many of the links behind the headlines requires a paid subscription (see above, under Passwords). If, after adding your email address to the distribution list, you do not receive an email confirming the addition, please contact us by clicking here for help.

Removing Your Email Address From The Distribution List
If you already receive The Daily Bankruptcy News by email and you wish to remove your email address from the distribution list, click here and send the email that should appear. You do not need to type anything in the body of the email message. Note that the email asking for removal must be sent from the same email address which is on our distribution list. If you do not receive an email confirming deletion of your email address from the distribution list, contact us by clicking here for help.

If receive the publication forwarded from an older email address, you will need to contact us as described below for help removing that older address from our distribution list.

Press Releases/News Tips
Please send press releases and news tips to admin@bkinformation.com

Contact Us
The Daily Bankruptcy News is published each business day by BKINFORMATION.COM, L.L.C. You can phone or text us at 281-402-3957. You can email us at accounting@bkinformation.com (email inquiries are usually answered substantially more quickly than phone inquiries). Our mailing address is 935 Eldridge Road, No. 350, Sugar Land, Texas 77478.
Copyright 2021