Daily Bankruptcy News
January 5, 2021


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Law:

Biglaw Firm Beats Market Bonuses For High Billers, With Special Bonuses & ‘Superstar’ Bonuses On Top
(DBN)

Donald Trump Drags Biglaw Firm Into Middle Of Election Interference Effort
(DBN)

Foley & Lardner To Feel Wrath Of The Lincoln Project
(DBN)

Adviser on Trump's phone call emerges as key figure
(DBN)

Law Firm 'Concerned' About Partner Being Part of Trump's 'Find 11,780 Votes' Call
(DBN)

Georgia Call Prompts Firm’s Inquiry on Lawyer’s Work for Trump
(DBN)

A Lawyer Went on Fox News and Stunned an Anchor. Two Months Later, She Was on a Trump Phone Call That Will Live Forever in History.
(DBN)

The Donald Trump Call Shouldn’t Have Been Leaked (If Counsel Were Even Remotely Doing Their Jobs)
(DBN)

Harvard And Yale Law School Alums Take Stand Against Election BS
(DBN)

St. Louis law firm Armstrong Teasdale snags Wilmington office from Elliott Greenleaf
(DBN)

Big changes for bar exam suggested by NCBE testing task force Bar Tests Need ‘Lawyering Skills’ Focus, Examiner Group Says
(DBN)

What types of lawsuits were filed over COVID-19 in 2020?
(DBN)

The Biglaw Firm Known For Technology And Innovation
(DBN)

Blank Rome Announces 2021 Promotions: 13 Partners, 4 Of Counsel
(DBN)

Predictions For 2021
(DBN)

Biglaw Partners Take On Junior Associates’ Work As Holiday Gift
(DBN)

A Lot Of Coffee, A Hospital, And An Ocean: Learning To Listen To Whispers About Wellness
(DBN)

Davis Polk Starts Year with Lateral Hire After Relaxing Lockstep
(DBN)

Former Mueller prosecutor says the call of Trump asking a Georgia official to change the election results shows 'criminal intent' Georgia secretary of state says Trump could face investigation over taped election phone call Impeachment redux? Democratic lawmakers condemn Trump's remarks, raise question of criminality 'There Must Be Legal Consequences': Among Many Lawyers, Outrage Over Trump's Georgia Call Brad Raffensperger Opens Up About Pressure From Trump in Leaked Call: I ‘Never Believed it Was Appropriate’ to Talk to Him, But He ‘Pushed’ Perdue defends Trump over call pressuring Georgia secretary of state State Attorney for Palm Beach County: Trump Just Made the 'Four Seasons Total Landscaping Version' of the Phone Call That Got Him Impeached George Conway on Leaked GA Call: Trump Sounds ‘Delusional and Desperate’ Because He Loses Criminal Immunity on Jan 20th Howard Stern rips Trump over Georgia call: 'This is criminal. It's gangster' Trump’s New Lawsuit Seeking to Decertify Georgia Election Provides Insight Into Absurd Claims Made In His Call With Secretary of State This Is the Democratic DA for Atlanta Looking to Investigate Trump’s Phone Call with Georgia’s Secretary of State Georgia Election Board Member Demands Secretary of State Investigate Trump for 'Solicitation to Commit Election Fraud' Dems ask FBI to open probe Trump’s call with Georgia’s secretary of state is a subversion of democracy As Democrats Make Criminal Referral to FBI Over Trump's Georgia Phone Call, Some Legal Experts Toss Cold Water: 'Trump Tower Debate All Over Again' 'Hard to Prosecute': Some Legal Experts Note Challenge in Charging Trump for Call with Georgia Secretary of State Did Trump Break the Law by Making that Call? Did Trump break the law in his call to Georgia's secretary of state? Some lawyers say yes.
(DBN)

It’s Time For Trump To Be Prosecuted And Impeached (Again)
(DBN)

Trump-Backing Lawyer May Face Discipline in Election Case Ticked Off Federal Judge Threatens Lawyer Behind Republicans’ Dumbest Election Lawsuit with 'Potential Discipline'
(DBN)

Trump Lawyer Rudy Giuliani Uncorks Rant: Democrats Screwed Up 2020 by Failing to Ensure 9/11-Style Nationalism Against China
(DBN)

AZ GOP Congratulates Itself On Getting The Same Case Tossed By Two Courts In 24 Hours
(DBN)

WikiLeaks founder Julian Assange cannot be extradited to U.S., judge rules
(DBN)

U.S. Attorney for North Georgia abruptly resigns due to ‘unforeseen circumstances’
(DBN)

Kenosha preparing for protests when charging decision comes on Jacob Blake's shooting
(DBN)

“Nobody” Hurt, “Just a Perp,” Say Officers After NYPD Shot and Killed Man in His Own Home
(DBN)

Proud Boy Leader Arrested Hours After Historic Black Church Sues Over Black Lives Matter Sign Destruction
(DBN)

9th Circuit skeptical of California church limits, but may uphold stay-home order
(DBN)

Federal appeals court reinstates execution date for only woman on death row
(DBN)

Woman Admits to Hate Crimes After Threatening to ‘Bomb’ Catholic School That Included Gay Weddings in Alumni Magazine
(DBN)

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Judges:

Notice Regarding the Passing of the Honorable Stan Bernstein
(DBN)

______________

Wall Street:

Futures rise after S&P 500 suffers first negative start to year since 2016
(DBN)

Stocks fight for ground ahead of Georgia Senate runoff Wall Street ends lower on worries over Georgia elections, virus surge
(DBN)

Volatility in U.S. stocks jumps as investors brace for Senate 'blue sweep'
(DBN)

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Layoffs:

185 Texas workers laid off from metal supplier
(DBN)

Kauai Marriott Resort to layoff 457
(DBN)

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Healthcare:

Hospitals Lose Appeal To Block CMS’ Price Transparency Rule
(DBN)

18,400 Died of Covid Last Week in America
(DBN)

Hospitalizations continue to rise in Texas
(DBN)

The Pandemic's Devastating Impact On Healthcare Workers
(DBN)

“Those of Us Who Don’t Die Are Going to Quit”: A Crush of Patients, Dwindling Supplies and the Nurse Who Lost Hope
(DBN)

US officials are considering giving people 2 half doses of Moderna's COVID-19 shot to speed up rollout, vaccine chief Slaoui says
(DBN)

Would single-dose COVID vaccinations help stretch supply and help protect more people?
(DBN)

The UK is delaying second vaccine shot and it’s proving controversial
(DBN)

FDA says stick to the vaccine plan on two-dose regimen
(DBN)

America's vaccine rollout: What went wrong
(DBN)

Vaccine distribution's information mess
(DBN)

Providence Hospital System defies America’s slow vaccine rollout trend
(DBN)

Vaccination campaign picks up speed around the world
(DBN)

'Conspiracy Theorist' Pharmacist Who Ruined Hundreds of Moderna Doses Said He Believed COVID-19 Vaccine Could Change DNA: Police
(DBN)

Dr. Gottlieb: Covid vaccine eligibility should be expanded to deliver more shots
(DBN)

The UK plans to delay second doses of vaccines; The US will not
(DBN)

Moderna increases minimum 2021 Covid vaccine production by 20% to 600 million doses
(DBN)

The politics of Covid-19 just got even more hellish
(DBN)

Los Angeles County orders ambulance crews to 'conserve oxygen' as it deals with a 905% increase in COVID-19 cases
(DBN)

How Walmart plans to take over health care
(DBN)

Whole Foods CEO John Mackey: The ‘best solution’ is to not need health care and for Americans to change how they eat and live
(DBN)

‘Deaths of despair’ during COVID-19 rose by up to 60% in 2020, new research says
(DBN)

Cuomo confirms first case of Covid-19 variant in New York
(DBN)

Party like it's 2019: Miami and Fort Lauderdale beaches and bars overflow with maskless revelers
(DBN)

Greek Church tells priests to ignore pandemic closure order
(DBN)

Statehouses could prove to be hothouses for virus infection
(DBN)

Mar-a-Lago should be shut down after New Year's Eve party violated coronavirus rules, state lawmaker says
(DBN)

Healthcare Report Card: Companies That Failed To Meet Expectations In 2020
(DBN)

____________

Materials:

Covia emerges from Chapter 11 bankruptcy, slashes $1B in debt
(DBN)

____________

Banking:

Four Bank Failures in 2020
(DBN)

Q4 2020 Update: Unofficial Problem Bank list Increased to 65 Institutions
(DBN)

____________

Cruise Lines:

The Cruise Ship Suicides Began After the Last Passengers Left
(DBN)

____________


Economy:

Former Obama economist questions wisdom of stimulus checks
(DBN)

Congress misfires on pandemic aid and spending, then promises to misfire again
(DBN)

New woes for the unemployed in 2021
(DBN)

Months later, more than 1 million Americans are still waiting for unemployment aid
(DBN)

Fed GDPNow latest estimate: 8.6 percent
(DBN)

Krugman: Things Will Get Better. Seriously.
(DBN)

DC braces for pro-Trump protests amid Electoral College challenge
(DBN)

The world in 2030 may be worse than in 2020
(DBN)

A new low in the war on savers
(DBN)

The next normal arrives: Trends that will define 2021—and beyond
(DBN)

NACM’s December Credit Managers’ Index Remains Strong
(DBN)

U.S. final manufacturing PMI ends 2020 at six-year high: IHS Markit
(DBN)

Seven High Frequency Indicators for the Economy
(DBN)

California extends application deadline for small businesses relief grant
(DBN)

Mapping the World’s Top 30 Richest Men
(DBN)

2021 Will Be the Year of Guaranteed Income Experiments
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

Bankruptcy Topics in Distressed Real Estate
(DBN)

Forbearances rise for third consecutive week
(DBN)

Home prices are rising faster in the middle of the U.S. as Covid changes market
(DBN)

Housing Inventory: Starting the Year at Record Lows
(DBN)

Ninth Circuit Court upholds CFPB investigation on Seila Law
(DBN)

Future uncertain for financially troubled Clearwater mall
(DBN)

CCRC Clare Oaks Exits Bankruptcy with $40M Less Debt, New Operator
(DBN)

Upper West Side Landlord Owing Over $200M Files For Bankruptcy
(DBN)

Tenants of Bankrupt NYC Apartments Seek Cash to Fix Rat Woes
(DBN)

Framing Lumber Prices More Than Double Year-over-year
(DBN)

Construction Spending Increased 0.9% in November
(DBN)

Could 2% define mortgage rates for the next decade?
(DBN)

____________

Oil/Gas:

2020: The Year Of The Great Energy Disconnect
(DBN)

Oil executives have mixed expectations for 2021
(DBN)

Offshore Drilling Firm Emerges from Chapter 11 Bankruptcy
(DBN)

Should Oil Markets Brace for A U.S. Shale Comeback?
(DBN)

____________

Entertainment:

As Covid cases surge in California, Hollywood pauses TV production
(DBN)

____________

Religion:

Camden diocese, lawyer clash over plan to compensate victims of clergy sex abuse
(DBN)

Faith on the Hill
(DBN)

____________

Politics:

QAnon-supporting Rep. Marjorie Taylor Greene caused a 'screaming match' when she refused to wear a mask at her swearing-in
(DBN)

Pelosi warns lawmakers to social distance after many flout guidelines
(DBN)

McConnell Party vs. Trump Party
(DBN)

Counting the electoral votes on Jan. 6: What you need to know
(DBN)

Is Undermining Elections the Future of the GOP?
(DBN)

Worse Than Treason
(DBN)

The senators who were expelled after refusing to accept Lincoln's election
(DBN)

Business Leaders: Stop the Election Challenge
(DBN)

Ahead Of Electoral College Objections, Trump Allies Concede ‘Virtually Zero’ Chance Of Overturning Election
(DBN)

Sen. Loeffler Will Object To Electoral College Results The 14 Republican senators who plan to reject the Electoral College’s certification
(DBN)

Perdue Slams Raffensperger for Telling Truth
(DBN)

Trump attacks Tom Cotton for declining to object to Electoral College certification
(DBN)

Romney: Plan to challenge election 'egregious ploy' that 'dangerously threatens' country
(DBN)

An Open Letter About Election from Paul Ryan
(DBN)

Texas GOP Official Says Call for Mitt Romney’s Head Was Just a Metaphor About 'Separation' of Romney from Voters
(DBN)

Republicans condemn ‘scheme’ to undo election for Trump
(DBN)

GOP senator: 'I cannot support allowing Congress to thwart the will of the voters'
(DBN)

A tense, tectonic 48 hours coming
(DBN)

The past 48 hours in Trump’s attempt to steal the election, explained
(DBN)

DC mayor calls in National Guard ahead of pro-Trump protests
(DBN)

Texas AG Ken Paxton calls on 'all Patriots' to head to Trump rally in D.C. with him
(DBN)

With call, Trump shows no limit to his power grab
(DBN)

GOP Chastises Trump Over Election Call
(DBN)

Trump’s loyal fans pose challenges for Republicans, Biden
(DBN)

Proud Boys Leader Arrested Before Rallies
(DBN)

Trump, Navarro: Push Inauguration Date Back
(DBN)

AP FactCheck: Trump’s made-up claims of fake Georgia votes
(DBN)

Here we go again: What to expect as Georgia counts votes
(DBN)

Election fight tears at GOP
(DBN)

In Trump’s Final Days, Lines Are Drawn for a Republican Civil War
(WSJ)

Clues about post-Trump politics await in Georgia
(DBN)

In Georgia, Trump Says ‘They’re Not Taking This White House’ Trump says he'll 'fight like hell' to hold on to presidency Trump’s last rally as president was supposed to be about the Georgia runoffs. It wasn’t.
(DBN)

Trump Targets Pence, Georgia Republicans At Rally For GOP Senate Candidates Loyal soldier Pence torn between Trump, Constitution Trump Kind of Threatened Pence in Georgia
(DBN)

Biden’s Final Pitch To Georgia: Vote Blue And $2,000 Checks Will ‘Go Out The Door Immediately’
(DBN)

____________

Coal:

Peabody Energy Buys Itself Time Amidst Bankruptcy Risk
(DBN)

White Stallion Energy bankruptcy faces fresh delays after lender switch
(DBN)

____________

Movie Theaters:

AMC Entertainment Holdings, Inc AMC Lenders Back Chapter 11 Filing by Summer for Avenue to Allege Preferential Transfer for July 2020 Uptiering of 2024 Convertible Notes
(DBN)

____________

Museums:

Florence Nightingale nursing museum closes for ‘foreseeable future’ as visitor numbers collapse
(DBN)

____________

Distressed Investing:

Distressed debt specialist Howard Marks warns on corporate borrowing burden
(DBN)

Kempen launches Diversified Distressed Debt Pool for alternatives range
(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 (19 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)

______________

Bankruptcy Statistics:

New Hampshire closes 2020 with near record low bankruptcies
(DBN)

Lawyer Networks and Corporate Bankruptcies
(DBN)

Energy sector leads record wave of bankruptcies in 2020
(DBN)

______________

Proofs of Claim:

Proofs of Claim: Don’t Rely on the Mailbox Presumption – Be Sure Claims are Filed by the Bar Date with the Court Clerk or the Claims Agent
(DBN)

____________

Bankruptcy Reform:

New Bankruptcy Relief Provisions Brought to You by the 2021 Federal Appropriations Act
(DBN)

Consumer Bankruptcy Reform Act of 2020: An Economic Manifesto
(DBN)

____________

Avoidance Actions:

Why Avoidance Actions Are Difficult to Dismiss by a Rule 12(b)(6) Motion
(DBN)

____________

Sales:

Attention Buyers of Assets in Bankruptcy: How To Be A Good Faith Purchaser and Ensure Any Post-Closing Challenges Will Be Dismissed as Statutorily Moot Under Section 363(m) of the Bankruptcy Code
(DBN)

____________

UST:

UST Seeks AUSTs In OK, KY and TX
(DBN)

____________

Trustees:

BK ND IL Seeks Ch. 13 Trustee
(DBN)

____________

Receivers:

The North Carolina Commercial Receivership Act: What Creditors Need to Know About the New Statute
(DBN)

____________

D&O:

The Top Ten D&O Stories of 2020
(DBN)

____________

Aviation:

Air travel hits new Covid high over New Year’s weekend. Now comes the hard part US airports report busiest day of COVID pandemic, sparking fears of New Year's surge
(DBN)

Korean Air to change articles of association for Asiana takeover
(DBN)

____________

Nursing Homes:

These nursing homes kept Covid-19 out for 7 months. Here's what caregivers learned
(DBN)

The vast majority of nursing home residents remain unvaccinated
(DBN)

____________

Hotels:

Big owner of several Bay Area hotels lands financing package after bankruptcy warning
(DBN)

____________

Retailing:

Parent company of Chuck E. Cheese sheds $705 in debt as it exits bankruptcy
(DBN)

The State of Retail Bankruptcies in 2021
(DBN)

For America’s Retailers, a Mix of Momentum, Hope and Uncertainty
(DBN)

‘Retail apocalypse’ continued in 2020: JCPenney, GameStop, Gap and more than 40 other retailers closed thousands of stores
(DBN)

Amazon Has Record-Breaking 2020 Holiday Season
(DBN)

Francesca's judge approves sale procedures amid growing buyer interest
(DBN)

____________

Agribusiness:

40% of Farmers' Income Were Gov't Bailouts
(DBN)

____________

Pharma:

Mallinckrodt makes second request to reimburse RSA parties’ professional fees, avoid RSA termination, after striking out on first attempt
(DBN)

Walmart Ignored Opioid Red Flags
(DBN)

____________

Food/Beverage:

Restaurant Performance Index fell 0.8% in November
(DBN)

____________

Transit:

Requiem for the Super Commuter
(DBN)

____________

UK:

U.K. Citizens ‘Should Not Be Traveling’: Ministers Prepare Border Restrictions As Britain Enters Another Lockdown
(DBN)

England faces lockdown that will last at least six weeks
(DBN)

First minister Nicola Sturgeon says Scotland will go into lockdown from midnight Scotland to enter month-long coronavirus lockdown
(DBN)

UK decision to delay second Covid vaccine shot reluctantly endorsed by advisers
(DBN)

Are January store sales under threat as consumers switch to online in a dire year for shops?
(DBN)

Revisiting Croydon's Bankruptcy
(DBN)

____________

EU:

European Union criticized for slow vaccine rollout as countries tighten restrictions once again
(DBN)

EU Seeks Up to 300 Million More Pfizer-BioNTech Doses
(DBN)

Italy’s government could soon collapse over a dispute about EU funds
(DBN)

____________

Australia:

Insolvency claims against directors, officers to climb, expert warns
(DBN)

Small business insolvency reforms now in place
(DBN)

Businesses brace for ‘insolvency cliff’ when JobKeeper ends in March
(DBN)

____________

MENA:

“COVID-19 may cause a surge of insolvency proceedings in Israel and around the world"
(DBN)

____________

South Africa:

Covid variant in South Africa is ‘more of a problem’ than UK’s, official says
(DBN)

____________

Hungary:

Hungarian towns fear bankruptcy after government halves local business tax
(DBN)

____________

Germany:

Germans spend their way out of lockdown gloom
(DBN)

____________

Hong Kong:

A Guide to Corporate Bankruptcy and Insolvency Law in Hong Kong
(DBN)

____________

Venezuela:

Venezuela's oil exports sink to 1940's level under tighter U.S. sanctions -data
(DBN)

____________


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