December 29, 2021

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Format For Mobile Device

Due to the New Year's holiday, The Daily Bankruptcy News will not publish on Thursday and Friday, December 30 and 31, 2021

Law:

Associate Salaries And Bonuses Are Bigger Than Ever -- But They're Still Not Big Enough
(DBN)

Alex Murdaugh's wife left him all of her property in will before mysterious murder
(DBN)

Jean-Jacques Rousseau And The Law Firm Of The Future
(DBN)

Dershowitz Calls Tutu an Anti-Semite Bigot
(DBN)

Jan. 6 panel reaches deal with Biden White House to defer certain document requests • Proud Boys’ Free-Speech Capitol Riot Defense Rejected by Judge • Another Judge Refuses to Dismiss Jan. 6 Obstruction Charge, This Time Against Four Members of the Proud Boys • Jan. 6 committee hoping to issue interim report by summer: report • Trump allies planned Supreme Court rally on Jan. 6 -- but the insurrection happened instead • MAGA rioter 'Bear-spray guy' goes missing as Jan. 6 hearing gets started • A Texas sheriff's lieutenant who called the Capitol riot one of the best days of her life has been fired
(DBN)

Citing COVID-19, Maxwell judge asks jury to work longer hours • Ghislaine Maxwell Deliberations Running Late To Beat The Omicron Clock
(DBN)

If You're Waiting for a Verdict for Elizabeth Holmes, Be Prepared to Keep Doing So
(DBN)

Prince Andrew Says U.S. Sex-Assault Accuser Is an Australia Resident
(DBN)

Torrance's Racist Texting Cops
(DBN)

Riot Games agrees to pay $100M in gender discrimination lawsuit
(DBN)

Judge orders soccer star to pay promised $30,000 reward for returned dog
(DBN)

She was arrested at a bar, then found hanging in a cell. Police haven't given her family answers.
(DBN)

Teen died in mother's arms after LAPD fired into dressing room, family says
(DBN)

Cities vowed in 2020 to cut police funding — but budgets expanded in 2021
(DBN)

Las Vegas Man Drove Around with Murdered Friend's Severed Head, Dismembered Body Parts in Car 'For Weeks': Police
(DBN)

Florida Doctor Who Was Having a 'S--- Day' Pleads Not Guilty to Murdering Delivery Driver in Road Rage Incident
(DBN)

‘I’m About to Snap His F------ Neck’: Parents Allegedly Sent Texts Complaining About Baby’s Crying, Hid Body Behind False Wall
(DBN)

'They're going to lose': Treatment of Vanessa Bryant shows cracks in case
(DBN)

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Judges:

Supreme Court term limits are popular - and appear to be going nowhere
(DBN)

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Wall Street:

Stock futures rise slightly after Dow notches fifth straight day of gains
(DBN)

US stocks end mixed as tech pullback prevents S&P 500 from logging fresh closing high
(DBN)

European stocks inch closer to all-time high, inspired by Wall Street optimism
(DBN)

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Layoffs:

Robots in restaurants and retail increase amid labor crunch
(DBN)

Telefonica Targets 2,700 Jobs Cut in Spain in EU1.5 Billion Plan
(DBN)

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Autos:

Watch a Tesla owner blow up his Model S with 66 pounds of dynamite instead of paying $22,000 to repair it
(DBN)

Elon Musk sells another $1 billion in Tesla shares, nearing 10% target
(DBN)

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Festivals:

Climate:

9 feet of snow wallops California mountains as brutal cold invades U.S. • Lake Tahoe sets new record for most December snowfall
(DBN)

Winter storms lash Pacific Northwest as Southern states swelter
(DBN)

Three big natural gas plants would wipe out climate gains from recent shutdowns of coal-fired plants in Illinois
(DBN)

Greta Thunberg says it's 'strange' Biden is considered a leader on climate change
(DBN)

Alaska hits record-high temperature for December
(DBN)

Southeastern U.S. Faces Severe Storm, Tornado Risks This Week
(DBN)

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Healthcare:

COVID surge in Florida: Cases rise 332.9% in one week, state among fastest-spreading in US
(DBN)

Fauci warns that COVID-19 cases will continue to rise as the 'extraordinarily contagious' Omicron variant surges
(DBN)

Fauci welcomes Trump's support
(DBN)

'Not in a good place': Hospitals prepare for omicron surge after holidays
(DBN)

Omicron dashboard
(DBN)

As Omicron becomes the dominant variant, the US is averaging 200,000 new COVID-19 cases a day
(DBN)

Omicron is ‘not the same disease’ as previous Covid variants, Oxford University scientist says
(DBN)

Omicron Has Lower U.S. Hospitalization Rate Than Prior Covid Waves
(DBN)

U.S. CDC estimates Omicron variant to be 58.6% of cases, revises projection • Omicron Estimated at 59% of U.S. Virus Cases by CDC, Down From 73% • CDC slashes estimate of Omicron case prevalence
(DBN)

New York State Daily Covid Hospitalizations Jump Most Since April 2020
(DBN)

An early Omicron cluster in the U.S. suggests the variant has a shorter incubation period.
(DBN)

Report: D.C. has highest rate of COVID-19 infection in the U.S.
(DBN)

Child Covid hospitalizations are up, especially in 5 states
(DBN)

Fears of Omicron’s Rapid Spread Are Tempered by Signs of Milder Illness
(DBN)

Nursing home staff shortages are worsening problems at overwhelmed hospitals
(DBN)

Healthy, boosted people unlikely to develop severe omicron infections, but jury's out on older, at-risk populations
(DBN)

People reinfected with omicron variant had fewer symptoms, small CDC study finds
(DBN)

Omicron Hasn’t Swayed the Least Vaccinated U.S. Counties
(DBN)

Child COVID-19 hospitalizations up nearly 400 percent in New York City
(DBN)

Coronavirus finds a new niche: kids • More kids hospitalized with COVID-19 as Omicron spreads: "We need to get child vaccinations up"
(DBN)

Omicron cases are skyrocketing in NY. But COVID's death toll for 2021 offers key context
(DBN)

Covid-19 surges spark chain reactions that strain US hospitals everywhere
(DBN)

Omicron infection appears to protect against delta Covid variant and could displace it, South Africa study finds
(DBN)

'We didn't reject it:' Biden denies spurning plan to send out over 700 million rapid COVID-19 tests ahead of holidays
(DBN)

‘I thought that people would surely get vaccinated when threatened by actual illness. Nope.’ Here’s what else surprised people about the COVID-19 pandemic
(DBN)

How Errors, Inaction Sent a Deadly Covid Variant Around The World
(DBN)

___________

Economy:

Hefty To-Do List Awaits Fed's Next Regulatory Chief
(DBN)

The Fed’s Doomsday Prophet Has a Dire Warning About Where We’re Headed
(DBN)

The Number of Zombie Companies Is Falling Despite Bites From Inflation and Covid
(DBN)

New omicron variant leaves employers uncertain about bringing back office workers despite vaccines
(DBN)

Goldman Sachs will reportedly make staff get the COVID-19 booster shot and test more often as workers return to the office
(DBN)

Pentagon goes on offense vs GOP on vaccine mandates
(DBN)

Times Square New Year's Eve celebration 'scaled back,' local events canceled
(DBN)

What inflation looks like for two Texas families
(DBN)

Inflation to slow in 2022, but still above Fed target: Economist
(DBN)

These COVID relief provisions are set to expire before Jan. 1
(DBN)

From real estate to inflation, here's what to expect from the economy in 2022
(DBN)

A DoorDash employee making $400K a year complained about a company-wide initiative requiring that he personally make one delivery a month
(DBN)

States Are Hoarding $5.2 Billion in Welfare Funds Even as the Need for Aid Grows
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

Case-Shiller: National House Price Index increased 19.1% year-over-year in October
(DBN)

Comments on Case-Shiller and FHFA House Price Increases
(DBN)

US home prices up 18.4 percent in October
(DBN)

Home price growth in the US slows for third straight month • U.S. Home-Price Growth Slowed Down Ever So Slightly in October
(DBN)

Rising home prices lead to higher loan limits for 2022
(DBN)

After a year of bidding wars and record-high prices, here's what's changing for homebuyers in 2022
(DBN)

The pace of home-price growth is slowing, but buyers aren’t catching a break
(DBN)

This Sun Belt City Has Seen the U.S.’s Sharpest Decline in Housing Affordability Over the Past Year
(DBN)

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Municipalities:

Pension resolution clears obstacle in Puerto Rico bankruptcy
(DBN)

Texas Cities Among Neediest in Nation
(DBN)

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Oil/Gas:

U.S. Natural Gas Keeps Rising as Snow, Storms Hit West Coast
(DBN)

Brent near $80 as market shrugs off Omicron
(DBN)

Gas Buddy: Gas Prices to Hit $4 Next Summer
(DBN)

‘Turn the valve off’: Climate activists push for an abrupt end to the fossil fuel era
(DBN)

____________

Finance:

The end of an era in lending
(DBN)

____________

Retailing:

From Kentucky to Arkansas, America's Least-Vaccinated States Led In-Store Holiday Shopping
(DBN)

Retailers surrender to unprecedented costs on online returns
(DBN)

____________

Student Debt:

Harris says Americans under the pressures of student-loan debt 'are literally making decisions about whether they can have a family, whether they can buy a home'
(DBN)

____________

Education:

NYC schools to reopen with huge COVID testing boost
(DBN)

Parents hoped this school year might be 'normal.' It hasn't turned out that way.
(DBN)

Community colleges continue major enrollment decline
(DBN)

____________

Transit:

San Antonio’s Blue Duck Scooters closes, explores bankruptcy
(DBN)

____________

Cruise Lines:

COVID-19 Spreads to 89 Cruise Ships, Prompting a U.S. CDC Investigation
(DBN)

‘Petri Dish’ Cruise Ships Should Halt Sailings on Covid Surge, Senate’s Blumenthal Says
(DBN)

Out of all the vacations to have in a pandemic, going on a cruise seems … counterintuitive
(DBN)

Cruising during COVID-19: Cancellation, refund policies vary by cruise line
(DBN)

Carnival says most itineraries unchanged even as Omicron cases rise
(DBN)

Carnival stock surges to 6-week high despite continued spike in COVID cases
(DBN)

____________

Sports:

NBA legend slams LeBron James over controversial COVID-19 message
(DBN)

NBA cuts isolation time for some players who test positive for COVID
(DBN)

ACC shortens isolation period for asymptomatic athletes, which could give bowl season a boost
(DBN)

Disney’s ESPN Has $400 Million in College Football Playoff Ads at Risk From Covid
(DBN)

____________

Banking:

Biden considers Raskin as top Fed banking regulator
(DBN)

____________

Religion:

As legal fees grow beyond $7 million, Buffalo Diocese bankruptcy case heads to mediation
(DBN)

Diocese looking to sell Walsh/So. Tier Catholic building
(DBN)

____________

Tech:

A new app makes it easier for people with medical debt to declare bankruptcy
(DBN)

Apple Aims to Prevent Defections to Meta With Rare $180,000 Bonuses for Top Talent
(DBN)

Amazon says it fixed an error that led Alexa to tell a 10-year-old girl to put a penny in an electrical outlet
(DBN)

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New Bankruptcy Opinions
(2 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Adversary Proceeding Filings (2 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)

______________

Proofs of Claim:

The Proof of Claim Bar Date Has Passed and Your Proof of Claim Is Untimely – Not So Fast, My Friend!
(DBN)

Does Bankruptcy Rule 3002.1’s Remedy Provision Apply for Filings with Inaccurate Information?
(DBN)

____________

Mass Torts:

In re Purdue Pharma L.P.: S.D.N.Y. Holds Bankruptcy Court Lacks Statutory Authority to Approve Sackler Family Releases
(DBN)

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Subchapter V:

How To “Fix” A Subchapter V Plan’s Term (In re Urgent Care)
(DBN)

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Bankruptcy Research:

Effects of Creditor Rights on Bankruptcy Outcomes: Evidence from the Small Business Reorganization Act of 2019
(DBN)

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D&O:

Avoiding Bumps in the Road to Coverage: Limitations on the “Bump-Up Exclusion”
(DBN)

____________

Aviation:

Widespread flight cancellations continued for a 5th consecutive day amid a surge in COVID-19 infections, bringing the total to about 13,000 since Friday • 800 flights canceled Tuesday as omicron, weather take toll on air travel
(DBN)

Flight Attendant Union Slams New CDC Covid Guidelines That Airline CEOs Supported
(DBN)

Ex-Playboy model and 'Baywatch' 'Karen' faces assault charge in spat with foul-mouthed old man on Delta flight • Delta passenger faces assault charge in mask dispute after she allegedly hit man who told her, 'Sit down, Karen'
(DBN)

Biden rescinds travel restrictions on African countries imposed due to omicron
(DBN)

U.S. CDC raises COVID-19 travel warnings for Malta, Moldova, Sweden, Argentina
(DBN)

"Bankrupt" Samoa Airways tries to rescind B737 lease
(DBN)

____________

Consumer Finance:

Miami payday loan operator promised investors huge returns. SEC says they lost millions
(DBN)

____________

Politics:

The Oregon man who told Biden, 'Let's go, Brandon,' in a livestreamed Christmas Eve call says the 2020 election was '100% stolen' from Trump • You can't troll Biden with 'Let's go, Brandon' and then play the victim
(DBN)

Rep. Marjorie Taylor Greene denounced Kwanzaa as a 'fake religion created by a psychopath'
(DBN)

DA: Cuomo won't face charges for allegations of unwanted kissing
(DBN)

Harry Reid, longtime Senate Democratic leader, dies at 82 • Political heavyweights remember "one of a kind" Harry Reid
(DBN)

Trump has claimed 5,000 dead people voted in Georgia. He was off by 4,996.
(DBN)

Dr. Oz Colleagues Call Him a Scam Artist
(DBN)

____________

UK:

High Court sanctions first mid-market restructuring plan, despite the opposition of secured creditor
(DBN)

A rapid delivery ‘arms race’ is driving up commercial property rents in London
(DBN)

U.K. Rejects Calls to Follow U.S. With Five-Day Covid Isolation
(DBN)

Trump UK Golf Courses Lost $8M in 2020
(DBN)

____________

EU:

Dispatch from Europe: What it's like to travel during COVID
(DBN)

____________

Canada:

Ontario, Quebec Weigh Shorter Isolation Period for Covid Patients After CDC Shift
(DBN)

____________

France:

WHO warns of Omicron overload as France reports record of nearly 180,000 Covid cases
(DBN)

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Portugal:

Portugal Posts Record Number of Daily New Covid Cases
(DBN)

____________

MENA:

Dubai's world fair at risk of shutdown over skyrocketing cases
(DBN)

UAE Reports Over 2,000 Virus Cases for First Time in Six Months
(DBN)

____________

Japan:

Japan Production Jumps by Record as Car Manufacturing Rebounds
(DBN)

____________

South Africa:

South African Covid cases fall by nearly 40 per cent in a week
(DBN)

____________

Australia:

Australians who were falsely told they tested negative for COVID-19 on Christmas day fear they may have infected family members
(DBN)

Omicron’s Australia Surge Sees Hospitalizations Hit Record
(DBN)

____________

India:

SC Scrutinizes NCLT’s Powers Conferred under Section 7(5) of IBC
(DBN)

Banks need to raise more capital to deal with stress, says RBI
(DBN)

India May Face Intense But Short Outbreak as Omicron Spreads
(DBN)

____________

Hong Kong:

Hong Kong Experts Urge Reopening Once City Hits 90% Vaccination
(DBN)

____________

China:

China’s Covid Outbreak Festers in Xi’an Days After Lockdown • China’s Xi’an Sees Covid Infections Moderate After Record Surge
(DBN)

China’s Covid Rules Led Fugitive to Surrender After Three Years
(DBN)

____________

Brazil:

Creditors reject Brazil pellet maker Samarco's debt restructuring plan
(DBN)

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