Daily Bankruptcy News
January 14, 2021


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Law:

Riot fallout leads 1 law firm to dump Trump businesses, others to suspend PAC contributions Seyfarth Shaw Drops Trump Companies as Client After Capitol Riot
(DBN)

Morrison & Foerster’s Bonuses Are Out! And It’s Great News For Really Big Billers
(DBN)

2020 State of the Legal Market Report – A Tipping Point For Law Firm Transformation?
(DBN)

Pressure Mounting On Law School To Rename Lin Wood Classroom
(DBN)

Biglaw Back To Work: Get Ready For Office Life Come Spring 2021
(DBN)

Big Firms Less Likely to Apply for Next Round of PPP Loans
(DBN)

The New Normal Could Be the Beginning of the End for Law Firm Culture
(DBN)

Three Depart Cole Schotz in Texas to Join Bankruptcy Boutique
(DBN)

As Law Firms Find Their Voice, When Should They Use It?
(DBN)

Lawyers must use caution when responding to negative online reviews, new ethics opinion says
(DBN)

Law firms should not rush lateral hiring, due diligence expert says
(DBN)

Some Lawyers Can Work On Their ‘Bedside Manner’
(DBN)

Girardi Keese Owes $10M to Litigation Finance Firm, Records Say
(DBN)

Brother of attorney Tom Girardi asks to be named guardian; law firm heads for Chapter 7 Erika Jayne’s Brother-in-Law Claims Thomas Girardi is Mentally “Incompetent” and “Unable to Act for Himself” Amid Fraud Case, Wants To Be Appointed as RHOBH Attorney’s Guardian
(DBN)

Law Firm Must Give Forensic Reports to Client After Cyberattack
(DBN)

The Pandemic Could Set Women Law Professors Back Years. These Academics Want to Find Solutions
(DBN)

Trump’s Incitement Was Not “Free Speech” AP Fact Check: Trump’s call to action distorted in debate Incitement and the First Amendment Don’t Let Trump’s Second Trial Change the First Amendment
(DBN)

Explainer: Impeachment or the 14th Amendment - Can Trump be barred from future office?
(DBN)

‘Unf***ingbelievable,' Attorneys Sigh as Trump Lawyer and Kamala Harris Birther Conspiracy Theorist Blames Antifa for Capitol Riots
(DBN)

'Political Theater': Ethics Experts Expect Cruz, Hawley Disbarment Petitions to Fall Flat
(DBN)

Exclusive: Trump considering lawyer who spoke at rally for impeachment defense - sources
(DBN)

These Are the Lawyers Who Told Mike Pence That, Despite Trump's Pressure Campaign, VP Had No Power to Overturn Election Results
(DBN)

Rudy Giuliani Blames ‘Game Of Thrones’ For Accidentally Inciting Violent Insurrection
(DBN)

Trump Told Aides: Don't Pay Giuliani
(DBN)

Mikie Sherrill says unidentified lawmakers led ‘reconnaissance’ tours ahead of Capitol attack
(DBN)

Capitol Staffer Says Office Panic Buttons Were 'Torn Out' Before Riot
(DBN)

FBI arrests Jenny Cudd for rioting at Capitol Man in 'Camp Auschwitz' shirt, photographed at U.S. Capitol riot, arrested in Virginia Kevin Lyons, Capitol Rioter Who Posted Photo of Pelosi's Office, Surprised to Be Caught Olympic swimmer Klete Keller seen among mob in Capitol, according to reports Two Virginia police officers arrested in Capitol riot West Texas flower shop owner arrested after Capitol riot New Jersey Man Arrested After He Gave On-Camera Interview Admitting He Was in Capitol Building Firefighter Arrested for Participating in D.C. Insurrection After Photo Showed Him Pointing to Pelosi Placard FBI aware of reports of San Antonio loan officer allegedly breaching U.S. Capitol From off-duty cops to teachers and firefighters, public servants who joined the rally in D.C. are facing a reckoning Some who stormed the Capitol, including a Proud Boys leader, claim they were citizen journalists So Far More Than 70 Rioters Charged Houston Cop May Have Been a DC Rioter Man seen hanging off Senate balcony and sitting in Vice President's chair during Capitol riot is in custody
(DBN)

Lawyer For Florida Man Seen Carrying Nancy Pelosi’s Lectern During Capitol Coup: ‘I’m Not A Magician’
(DBN)

FBI tells police chiefs nationwide to be on high alert
(DBN)

Man Who Allegedly Wanted to Shoot Pelosi Also Hoped FBI Was Reading Text Message: Prosecutors
(DBN)

Joint Chiefs Issue Extraordinary Condemnation Of Capitol Attack
(DBN)

‘White Fright’ author discusses historical lynch mobs and the attack on the Capitol
(DBN)

Anti-Semitism seen in Capitol insurrection raises alarms
(DBN)

Comey Says Biden Should Consider Pardoning Trump to Allow U.S. to Heal
(DBN)

A Black officer faced down a mostly White mob at the Capitol. Meet Eugene Goodman.
(DBN)

Mix of extremists who stormed Capitol isn't retreating
(DBN)

GPS data tracked 618 videos from Parler users inside the US Capitol last week. The mob made it deep inside the building.
(DBN)

Capitol Police official tells Congress he saw no FBI intelligence before Jan. 6 siege
(DBN)

“No One Took Us Seriously”: Black Cops Warned About Racist Capitol Police Officers for Years
(DBN)

A majority of Americans surveyed believe the US is in the midst of a 'cold' civil war
(DBN)

Acting U.S. attorney in Atlanta signals lack of merit in election fraud cases eyed by Trump Turns Out There’s No Voter Fraud In Georgia After All. Surprise!
(DBN)

Wife fined for walking husband on leash like a dog to beat lockdown curfew
(DBN)

Supreme Court reinstates requirement for women seeking abortion drug to get it in person Sotomayor Slams SCOTUS for Upholding Trump Admin's 'Unnecessary, Unjustifiable, Irrational' Requirement That Women Pick Up Abortion Medication in Person During Pandemic
(DBN)

PBS Lawyer Out of a Job After Right-Wing Operatives Released Secretly Taped Video of Him Floating 'Re-Education Camps' for GOP Voters’ Kids
(DBN)

Kyle Rittenhouse Gave White Supremacist Hand Symbol: Affidavit
(DBN)

The percentage of women who've experienced online sexual harassment has doubled since 2017
(DBN)

______________

Judges:

Ex-Judge Disbarred for Aiding Wife’s Early Prison Release Scheme
(DBN)

______________

Wall Street:

Stock futures mixed following Wednesday’s slight gains
(DBN)

Stimulus helps stocks shrug off impeachment chaos
(DBN)

______________

Layoffs:

Dropbox to layoff 11% of workforce, COO to step down
(DBN)

Restaurant and hotel workers reel as layoffs soar again
(DBN)

______________

Student Debt:

Forgiving Student Debt by Executive Action Is Illegal, Trump Lawyers Say
(WSJ)

DeVos mulled unilateral student loan forgiveness as COVID-19 wracked economy: memo
(DBN)

____________

Food/Beverage:

Defiance of virus dining bans grows as restaurants flounder
(DBN)

José Andrés: Restaurant industry survival is key for economic recovery
(DBN)

____________

Media:

There's a double standard in how news media cover liberal and conservative protests
(DBN)

____________

Tech:

Telegram tries, and fails, to remove extremist content
(DBN)

Sandberg deflects blame for Capitol riot even as new evidence shows it played a pivotal role
(DBN)

Amazon Court Filing Includes Chilling Death Threats Published on Parler Amazon says it’s been flagging violent posts to Parler since November Seldom seen Amazon unit made the call that brought down pro-Trump Parler
(DBN)

Facebook tracking a rise in violent rhetoric tied to U.S. presidential inauguration
(DBN)

Google to pause political ads again ahead of Biden inauguration
(DBN)

Big Tech scrambles to prevent inauguration threats
(DBN)

Parler CEO says social media app, favored by Trump supporters, may not return
(DBN)

Twitter CEO says platform 'faced extraordinary and untenable circumstance' before banning Trump Twitter’s Jack Dorsey admits internet companies have too much power
(DBN)

Trump is banned from Snapchat for trying to incite violence Snapchat will terminate Trump’s account on Jan. 20
(DBN)

____________

Autos:

Tesla Would Take Nearly 1,600 Years To Make The Amount Of Money The Stock Market Has Put Into It
(DBN)

Subaru to cut output at plants in Japan, U.S. due to global chip shortage
(DBN)

____________

Hotels:

Bankrupt Washington Hotel Gets Loan for Sale as Marriott Balks Marriott Fight Looms As DC Hotel Gets OK On Ch. 11 Loan
(DBN)

____________


Economy:

Biden, Democrats, plot 'aggressive' pandemic response — without the GOP Biden to unveil new Covid stimulus plan, hopes for bipartisan support Schumer Asks Biden to Push for More Than $1.3 Trillion Stimulus What Will Biden's Covid-19 Stimulus Plan Look Like? Senate Democrats weigh merging coronavirus relief and infrastructure into a massive multi-trillion-dollar package that could pass without GOP votes Biden’s Economic Plan Will Test Republican Taste for Dealmaking
(DBN)

Biden to propose $2 trillion of extra spending: report
(DBN)

Biden expected to include new child benefit in major new stimulus proposal
(DBN)

Refunds and stimulus payments are still piled up at the IRS, and this year may be just as bad, new report says
(DBN)

PPP Loans Open to Small Banks Friday, All Lenders Tuesday
(DBN)

Hurting long before COVID-19, failing companies took stimulus money then closed anyway
(DBN)

The unemployment rate is above 20% for lowest-paid workers, Fed’s Brainard says
(DBN)

'The economy is facing a long, slow recovery:' There are 16 unemployed American workers for every 10 job openings
(DBN)

U.S. December deficit hits $144 billion, record for the month US budget deficit up 60.7% in first 3 months of budget year Donald Trump Built a National Debt So Big (Even Before the Pandemic) That It’ll Weigh Down the Economy for Years Debt and Deficits, Yet Again U.S. budget deficit climbs to $144 billion in December
(DBN)

Is US coronavirus spending and ballooning debt at risk of stoking global asset bubbles?
(DBN)

Cleveland Fed: Key Measures Show Inflation Soft in December
(DBN)

Adecco sees uncertain prospects for permanent white-collar jobs in 2021
(DBN)

BLS: CPI increased 0.4% in December, Core CPI Increased 0.1%
(DBN)

Lockdowns in 2021 threaten to slow first-quarter earnings recovery
(DBN)

California exodus intensifies as retirees, teachers, musicians seek cheaper, less-crowded pastures
(DBN)

Kentucky sending $400 checks to 60,000 people barred from Trump unemployment program
(DBN)

CEOs expect new Capitol attacks, say Trump should be impeached
(DBN)

‘No vaccine, no service:’ How vaccinations may affect travel plans in the future
(DBN)

Won Trade War? China's Exports Up in 2020
(DBN)

China Made 40 Face Masks for Every Person Around The World
(DBN)

Trump's parting gift to federal workers: Thinner paychecks
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

Family Is Poised To Be Evicted For Having Too Many Children
(DBN)

Houston Real Estate in December: Sales Up 27% YoY, Inventory Down 29% YoY
(DBN)

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

Manhattan Bargain-Hunters Drive a 94% Jump in Apartment Leases
(DBN)

New York Exodus Gives Westchester Most Home Sales in 24 Years
(DBN)

____________

Municipalities:

Flint families welcome water crisis charges, seek healing
(DBN)

Ex-Michigan governor charged in lead-poisoning of Flint water
(DBN)

Pandemic leaves Texas with $1B deficit as virus still surges
(DBN)

____________

Oil/Gas:

Chesapeake Energy to emerge from bankruptcy court as a $5.13 billion enterprise A bankruptcy milestone: Chesapeake plan approved Chesapeake Approved to Exit Bankruptcy, Cut $7 Billion in Debt
(DBN)

Ferrellgas, aiming for speedy bankruptcy exit, meets pushback from rail services company
(DBN)

Chevron Slams Superior Energy's Ch. 11 Plan As Unfair
(DBN)

____________

Politics:

The two sides of Joe Biden
(DBN)

Armed Guards, Fences, Boarded Windows: Washington Under Heavy Security Exhausted National Guard Sleep on Capitol Floor ... Weapons By Their Side About 20,000 National Guardsmen could arrive in Washington, officials say, in swelling inauguration security effort National Guardsmen briefed on IED threat to Capitol Soldiers flow into Capitol in a scene reminiscent of the Civil War Biden Inauguration To Have More National Guard Than Trump, Obama Combined
(DBN)

Questions swirl around possible 'insider' help for Capitol attack
(DBN)

Trump grows defiant as the White House becomes a ghost town Walls close in on Trump in final days
(DBN)

Under Heavy Pressure, Trump Releases Video Condemning Capitol Siege Trump denounces violence one week after Capitol riot Trump publicly calls for “no violence” and peaceful transition Trump Disavows Violence by Backers He Egged On at Pre-Riot Rally
(DBN)

Texas Pastor Tells Followers to Keep Guns Loaded Before Biden Inauguration
(DBN)

Billionaire Ken Langone Says He Feels 'Betrayed' By Trump, Vows To Support Biden
(DBN)

AirBnB blocks DC reservations
(DBN)

‘Depraved’: Rep. Jason Crow condemns Rep. Marjorie Taylor Greene’s rhetoric ahead of impeachment vote QAnon reshaped Trump's party and radicalized believers. The Capitol siege may just be the start Congressman Says House is Considering Expelling ‘Dangerous’ and ‘Depraved’ QAnon Congresswoman Marjorie Taylor Greene says she will introduce impeachment articles against Biden
(DBN)

Fury at the shaken Capitol over the attack, security, virus
(DBN)

Republican Party faces rage from both pro- and anti-Trump voters
(DBN)

Capitol riot fueled by deep network of GOP statehouse support
(DBN)

The Cheney-McCarthy rift busts open Petition seeks to oust Cheney as House GOP chair following impeachment support Impeachment could become defining moment for Liz Cheney Liz Cheney Resignation Calls Prompt Fresh Split in the GOP
(DBN)

De Blasio: City to end four contracts with Trump Organization following siege on Capitol New York City Cancels Contracts With Trump Organization, Costing President $17 Million A Year New York City, Citing 'Criminal Activity,' Is Terminating All Trump Organization Contracts After Attack on Capitol
(DBN)

Mike Pence is done with Trump’s ‘b-------’
(DBN)

Capitol insurrection may have claimed its first GOP candidacy
(DBN)

Trump impeachment may define the Republican Party for generations McConnell racing away from Trump as impeachment vote nears McConnell rejects emergency session for Trump impeachment trial How Trump’s 2nd impeachment will unfold House Republicans Reportedly Terrified of Crossing Trump on Impeachment: They ‘Fear For Their Lives’ House GOP leader says Trump “bears responsibility,” but won’t vote to impeach House to impeach Trump for inciting Capitol attack as Republicans get on board Here are the Republicans who will vote to impeach Trump The House prepares to impeach the president after a fiery debate and as Trump is more isolated than ever Trump's nightmare scenario of being impeached, convicted, then barred from public office for life is looking more and more likely Republicans say impeachment would further divide the country after Trump provoked an attempted coup, but a majority of Americans support it Is impeaching President Trump 'pointless revenge'? Not if it sends a message to future presidents Trump impeached after Capitol riot; historic second charge McConnell blocks quick Trump trial, unsure how he’ll vote Trump Is Impeached Again, Faces Senate Trial on Riot at Capitol A historic second impeachment for Trump U.S. House impeaches Trump for a second time; 10 Republicans vote yes Trump impeached by bipartisan majority for inciting deadly Capitol Hill riot Cotton: Senate lacks authority to hold impeachment trial once Trump leaves office Trump Impeachment Trial After His Term Ends Is Backed by History Trump Impeached: As House Voted Under Guard, He Awarded Medals What could Trump lose by being impeached and removed? A lot.
(DBN)

Schumer says Senate could vote on barring Trump from running for office again
(DBN)

Poll: Plurality of voters back Trump impeachment, removal Axios-Ipsos poll: More than half of Americans want Trump removed Partisan sentiment about President Trump Donald Trump Makes the GOP Better, Most Republicans Still Think: Poll
(DBN)

Trump Approval Rating Craters to 34%
(DBN)

Trump’s GOP Grip Cracks, Setting Stage for Years of Bitter Feuds
(DBN)

‘I don’t know that McConnell has a lot of power,’ says GOP senator
(DBN)

The GOP inches toward a desperate decoupling with Trump
(DBN)

Trump’s election lies were among his most popular tweets
(DBN)

Dark-money GOP fund funneled millions to help push voter fraud claims
(DBN)

Republicans Changing Party Registration Following Deadly Insurrection At US Capitol
(DBN)

Major U.S. insurers suspend political donations for next few months Large corporations cut off political donations after Capitol siege Corporate America’s Political Reckoning Began With a Newsletter
(DBN)

The bank that lent Trump money to buy an $18 million home next to Mar-a-Lago is the latest lender to cut ties with the president following the US Capitol siege
(DBN)

The president as pariah: Trump faces a torrent of retribution over his role in the U.S. Capitol siege
(DBN)

'No regrets': Evangelicals and other faith leaders still support Trump after deadly US Capitol attack
(DBN)

Former presidential contender Andrew Yang to run for New York mayor
(DBN)

Pelosi announces lawmakers will be fined $5,000 if they bypass metal detectors to House floor
(DBN)

____________

Climate:

A "forever" drought takes shape in the West
(DBN)

____________

 


New Bankruptcy Opinions
(3 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Filings (13 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)

______________

Bankruptcy Statistics:

BK MN: Updated Case Filing Statistics
(DBN)

Updated Las Vegas, Reno and Annual Bankruptcy Case Filing Statistics
(DBN)

______________

Bankruptcy Reform:

Bankruptcy Administration Improvement Act of 2020 Signed
(DBN)

____________

Valuation:

Weighing COVID-19 (and Other Macro Factors) in Bankruptcy Valuations
(DBN)

____________

UST:

BK WD TX Seeks Assistant United States Trustee
(DBN)

____________

Aviation:

U.S. CDC Mulls New Measures to Allow More International Travel
(DBN)

Emirates president says Boeing 777x entry to service may slip to 2023 'or even longer'
(DBN)

Airlines, airports beef up security ahead of Biden inauguration
(DBN)

FAA chief vows 'zero tolerance' approach to disruptive passengers, warns of possible jail time
(DBN)

End to super-cheap US flights as Norwegian scraps transatlantic route due to Covid Norwegian Air Gives Up Long-Haul Flying in Plan to Exit Insolvency
(DBN)

Air India unions write to CMD on 'inordinate delay' in salary disbursement to engineers
(DBN)

AirAsia X shows court creditors' support for restructuring plan
(DBN)

Alaska Air load factor falls below Q4 expectations, and is expected to fall further this month
(DBN)

Jet Airways' revival plan awaits key court approval
(DBN)

____________

Healthcare:

US COVID-19 deaths hit another one-day high at over 4,300
(DBN)

Coronavirus tally: Global cases of COVID-19 tops 92 million and U.S. case tally climbs above 23 million
(DBN)

Black and Hispanic communities say doctors and hospitals treat them differently to their white counterparts
(DBN)

COVID-19 infection gives some immunity, but virus can still be spread, study finds Covid infection provides some immunity for at least five months, UK study finds
(DBN)

First Pfizer COVID Vaccine Shot Cuts Risk of Infection by 50 Percent: Study
(DBN)

Pharma industry warns against interfering with COVID vaccine shot intervals
(DBN)

In major expansion, California allows everyone 65 and older to get COVID-19 vaccine
(DBN)

NYC may turn vacant retail space into Covid testing sites, says property mogul New York opens mass Covid vaccination site at Javits Convention Center
(DBN)

Florida downplays reports of medical tourism for vaccines
(DBN)

Vaccine Frenzy Leads to Frustration as States Race to Scale Up
(DBN)

Moderna CEO says the world will have to live with Covid ‘forever’
(DBN)

U.S. tops 10 million COVID vaccinations as California expands eligibility for shots
(DBN)

J&J’s one-shot Covid vaccine is safe and generates promising immune response in early trial
(DBN)

Seven Days Since Capitol Attack Have Been Deadliest Of Covid Pandemic
(DBN)

Dollar General plans to pay employees to get COVID-19 vaccination
(DBN)

America is tuning out the coronavirus at the peak of its destruction
(DBN)

WHO team arrives in China to investigate pandemic origins
(DBN)

____________

Retailing:

Christopher & Banks files for voluntary Chapter 11 bankruptcy, plans to close most of its stores, sell-ecommerce platform Christopher & Banks Corporation Voluntarily Files Chapter 11 Bankruptcy
(DBN)

Nordstrom shares drop as retailer says holiday sales tumbled 22% Nordstrom’s holiday sales drop about 22 per cent to cap tough year
(DBN)

____________

Sports:

The NBA's new COVID-19 protocols are being mocked as the pandemic season starts to spiral out of control
(DBN)

Japan’s Rugby League Delays Start as Virus Looms Over Olympics
(DBN)

____________

Crypto:

A German programmer has 2 chances to correctly guess the password to his hard drive or he'll lose $220 million
(DBN)

____________

Fraud:

The SEC Undermined a Powerful Weapon Against White-Collar Crime
(DBN)

DOJ Announces Eastern District of California Obtains Nation’s First Civil Settlement for Fraud on Cares Act Paycheck Protection Program
(DBN)

____________

Cannabis:

United Cannabis' Ch. 11 Dismissed In Blow To Pot Sector
(DBN)

____________

UK:

Croydon bankruptcy offers cautionary tale for cash-strapped councils
(DBN)

What will Brexit change for travelers? Here's what to know.
(DBN)

Former Carillion executives face boardroom ban
(DBN)

Facing a more quickly spreading coronavirus, Brits are traveling more during the current lockdown than in March
(DBN)

Brits could wear Covid face masks forever as coronavirus will ‘always be with us’, warns JVT
(DBN)

Northern Ireland’s Rocky Start to Brexit Stirs Local Tensions
(DBN)

____________

Germany:

Germany avoids record economic plunge in 2020 despite COVID-19 hit
(DBN)

Germany’s economy contracted by 5% in 2020 as coronavirus lockdowns hit growth
(DBN)

____________

Japan:

Japan may consider further stimulus package for COVID-19-hit economy, says minister
(DBN)

____________

France:

French watchdog condemns police for unlawful use of drones to patrol lockdown
(DBN)

____________

China:

China growth recovery seen quickening in fourth quarter on policy support: Reuters poll
(DBN)

____________

Hong Kong:

Recent developments in Cross-border insolvency law
(DBN)

____________

India:

Vijay Mallya loses appeal bid over bankruptcy proceedings in UK high court
(DBN)

A guru and a tycoon feel India’s endless bank salvage pain
(DBN)

India bankruptcy law faces vital test with DHFL creditor vote
(DBN)

____________

Indonesia:

Why Indonesia is vaccinating its working-age adults before the elderly
(DBN)

____________


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