March 18, 2021

The Daily Bankruptcy News

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Law:

Biglaw Firm Hired For Andrew Cuomo Impeachment Investigation • New York Assembly Hires ‘Top-Flight’ Law Firm for Impeachment Investigation into Gov. Andrew Cuomo
(DBN)

First law firm owned entirely by nonlawyers opens in Utah
(DBN)

Fox Rothschild Sued for Malpractice After $6 Million Award Nixed
(DBN)

Freshfields latest to let lawyers work from home up to half the time
(DBN)

'Work as a Thing, Not a Place': Connecting During the Post-COVID-19 Transition
(DBN)

Experienced cloud-based law firm thrives during COVID-19, co-founder says
(DBN)

Some Lawyers Are Unfairly Taking Advantage Of The Pandemic
(DBN)

Some Of The Tech Mishaps Lawyers Have Experienced During Virtual Court Are Bonkers
(DBN)

Pennsylvania Lawyers Can Work Remotely Where Not Licensed
(DBN)

Mixed Feelings Over Proposal To End Bar Exam
(DBN)

Capitol Rioter Thomas Sibick to Await Trial in Jail After Judge Overrules House Arrest Order • Kansas Man Charged in U.S. Capitol Breach Says Police Officer 'Shrugged' When He Asked If He Could Enter the Building • 'It's the Peaky Fookin Blinders!': Photo from Days Before Pro-Trump Insurrection Comes Back to Haunt Accused Capitol Rioter • Trump Fan Known as #FloridaFlagJacket Now Faces Felony Charges, Including for Assaulting Officers
(DBN)

Intel Agencies Call Out Superlawyer Rudy Giuliani For Laundering Russian Propaganda
(DBN)

U.S. spy agencies warn of growing domestic terrorism threat • Domestic Violent Extremists 'Will Almost Certainly' Attempt Violence in 2021, Intelligence Community Warns
(DBN)

Legal woes trail Trump beyond the White House
(DBN)

Can Litigation Help Deradicalize Right-Wing Media?
(DBN)

More migrant families make it into United States, but thousands are still being expelled • Child Border Crossings Are Surging, Straining U.S. Facilities • Focus group: Swing voters worry about child migrant buildup
(DBN)

House Republicans' claim about 'known or suspected terrorists' at the border • US Officials Reject Claims Terrorists Trying to Enter from Mexico • Border Patrol Says Encounters With Terrorists at Borders Are Uncommon, Despite Claims
(DBN)

Migrants Mass at U.S.-Mexico Border, Pinning Hopes on Biden
(WSJ)

Tesla on autopilot crashes into state police patrol car
(DBN)

Asian Americans in Atlanta stunned by shootings as advocates demand action • Suspect in Atlanta-Area Spa Murders of Eight People, Six of Them Asian Women, Pictured Behind Bars — Here's What We Know • Sheriff: Kid Was Just Having a "Really Bad Day" • What we know about the Atlanta shootings that left 8 dead at Asian businesses • 'A Temptation for Him that He Wanted to Eliminate': Atlanta Area Law Enforcement Say Massage Parlor Massacre Suspect Claims to Have a 'Sex Addiction' • Spa Suspect Was Treated for Sex Addiction • The long history of anti-Asian hate in America, explained • Asian-Americans were targeted in nearly 3,800 hate incidents in the past year. • Asian Americans have been verbally and physically attacked, shunned during pandemic, study shows • “We’re both the comfortable and the afflicted”: What gets overlooked when we talk about anti-Asian racism
(DBN)

Ghislaine Maxwell's tawdry fall from grace - and her new PR push
(DBN)

Man Goes On Rampage At Wingstop Over Botched Order
(DBN)

Derek Chauvin jurors dismissed over $27M George Floyd family settlement
(DBN)

Manhattan district attorney to release years of racial data as part of nationwide accountability push
(DBN)

Two St. Louis Police Officers Charged with Forcible Rape; Third Officer Charged with Thwarting the Investigation
(DBN)

Leaving prison? Dial down the aspirations, don’t try to be lawyers or doctors, survey respondents say
(DBN)

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Judges:

BK NV: Bankruptcy Bugle Newsletter
(DBN)

Judges Juggle Over 2,700 Cases Each as Families Wait for Day in Court
(DBN)

Derek Chauvin trial puts Judge Peter Cahill in the public spotlight
(DBN)

Federal judiciary seeks 79 new judgeships, money to improve courthouse security
(DBN)

Are We Still Citing Judge Kozinski As An Expert?
(DBN)

It May Be Time For Stephen Breyer To Retire -- But Stop Telling Him It's A 'Must' For Biden
(DBN)

Wisconsin Children’s Court Judge Charged with Multiple Felony Counts for Possessing Child Pornography
(DBN)

Biden on Pace to Flip Positions at Supreme Court More Than Trump
(DBN)

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Wall Street:

U.S. stock futures trade mixed after Dow’s record close
(DBN)

Wall Street's "smart money" is still betting stocks fall
(DBN)

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Layoffs:

 

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Theme Parks:

Disneyland To Reopen On April 30 At Limited Capacity • Disneyland California to reopen April 30, a year after closing
(DBN)

No Screaming On California Theme Park Rides, Guidelines Say
(DBN)

Theme Parks, Movie Theaters In Los Angeles And Orange Counties On Track To Open More Widely In 2 Weeks
(DBN)

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Education:

After Parent Sit-In Over Remote Learning, Court Orders Teachers Back to Classrooms
(DBN)

Biden to Invest $12 Billion to Increase Covid Testing in Schools
(DBN)

Her son missed remote school – so police showed up with a $439 fine
(DBN)

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Politics:

N.Y. Assembly Opens Cuomo Impeachment Inquiry, Hires Law Firm
(DBN)

Fact check: Biden wrong on three statistics he cited in ABC interview
(DBN)

The Democrats' two-step to filibuster reform • Joe Manchin just took an important filibuster reform off the table
(DBN)

More Americans Want Inquiry Into Voter Fraud Claims Than Riot, Poll Says
(DBN)

Authorities Raid Disgraced Former Florida Senator’s Home in Connection with Sham Senatorial Candidate Scheme
(DBN)

Report: "No evidence" of postal worker's voter fraud claims cited by Trump
(DBN)

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Climate:

Bond Investors Risk Climate-Change Hit to Economic Growth
(DBN)

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Utilities:

Some on Wall Street Profited off Texas Blackouts. In a Private Call, a Top Regulator Pledged He Would Try to Protect Their Windfall • Texas Utility Commissioner Resigns After Leaked Call Pledging to Help Banks Keep Blackout Profits
(DBN)

Texas AG says retroactive power-price cut okay; regulator ousted
(DBN)

Another Texas electricity seller files for bankruptcy in wake of winter freeze
(DBN)

NRG Energy Sees $750 Million Loss Following Texas Cold Snap • Power producer NRG’s profit outlook wiped out by Texas storm
(DBN)

Texas Retail Power Provider Griddy Seeking Chapter 11, Says ERCOT Caused ‘Financial Devastation’
(DBN)

Lobbyist in $60 million Ohio bribery probe found dead in Florida
(DBN)

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Economy:

The Fed must chart a new course as the economy strengthens.
(DBN)

Fed brightens forecast for economic recovery, with more officials warming up to rate hike • Fed sees stronger economy and higher inflation, but no rate hikes • Here’s where the Fed sees rates, the economy and inflation going
(DBN)

Inflation surpasses coronavirus as investors' biggest worry
(DBN)

Manufacturing Isn’t Coming Back. Let’s Improve These Jobs Instead.
(DBN)

Will work from home outlast virus? Ford's move suggests yes • Ford to let 30,000 employees remain home workers post-pandemic
(DBN)

At Long Last, Wall Street Sees Path to Return to the Office
(DBN)

A new law would force employees to contribute to their 401(k)
(DBN)

As $1,400 Stimulus Checks Are Sent Out, People Won’t See Child Tax Credit Funds for Months
(DBN)

What the pandemic taught us about America’s working class
(DBN)

House GOP Allows Spending Earmarks, in a Boost for Biden Infrastructure Plan
(DBN)

Wall Street leaders talk to White House about ways to pay for infrastructure
(DBN)

To Fight Poverty, Raise the Minimum Wage? Or Abolish It?
(DBN)

LA Area Port Traffic: Strong Imports, Weak Exports in February
(DBN)

Sanders, Warren Want to Raise Taxes to Rein In Excessive CEO Pay
(DBN)

Biden Vows to Raise Taxes on Anyone Earning More Than $400,000
(DBN)

The US town that pays you just to be there
(DBN)

The coming corporate tax hike
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

Housing Starts decreased to 1.421 Million Annual Rate in February • Comments on February Housing Starts • U.S. housing starts stumble as winter weather impedes momentum
(DBN)

New York Renters in Covid Hot Spots Are Four Times More Likely to Face Eviction
(DBN)

Here’s how America’s malls are changing
(DBN)

Delinquencies Improving
(DBN)

Insane lumber prices mean new homes cost $24K more
(DBN)

Homebuilders are slowing production despite wild demand
(DBN)

Renters, and Biden’s $15,000 homebuyer tax credit
(DBN)

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Municipalities:

The Costly Future of Coastal Towns
(DBN)

Republican Attorneys General Press Biden Over Restrictions on State Aid in Stimulus Plan • Republican senators seek repeal of stimulus restriction on state tax cuts
(DBN)

Puerto Rico’s Debt Raises Many Moral Issues
(WSJ)

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Oil/Gas:

Oil's post-pandemic global future
(DBN)

Nine Point Energy Files for Chapter 11 Bankruptcy Protection in Delaware
(DBN)

Telework shift will barely affect oil consumption, IEA says
(DBN)

IEA Says Demand Won't Hit Pre-Virus Level Until 2023
(DBN)

Chuck Schumer wants to replace every gas car in America with an electric vehicle
(DBN)

Gasoline use has probably topped out as consumer habits shift.
(DBN)

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Student Debt:

Navient Challenges U.S. Claim of $22.3 Million in Overcharges
(DBN)

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Healthcare:

Covid-19 pushes Oakland senior living company California-Nevada Methodist Homes into Ch. 11
(DBN)

23 of 31 Top Health Agency Jobs Are Unfilled Amid Pandemic
(DBN)

The coronavirus is holding steady as America gets vaccinated
(DBN)

Variants Threaten U.S. Progress in Fighting Pandemic, Fauci Says
(DBN)

On the vaccine, Trump tells his hesitant supporters: ‘I would recommend it.’
(DBN)

Covid Outbreaks Devastated Prisons, but State Inmates’ Access to the Vaccine Varies Widely
(DBN)

The U.S. Is Opening Up. For the Anxious, That Comes With a Cost.
(DBN)

A Traveler’s Worst Nightmare: When Your Covid-19 Test Comes Back Positive
(DBN)

Long Covid Is Not Rare. It’s a Health Crisis.
(DBN)

People infected with the coronavirus variant found in the UK are up to 64% more likely to die than those with other strains
(DBN)

In the Cherokee Nation, plenty of vaccines but not enough arms.
(DBN)

CDC urges St. Patrick’s Day revelers to stay home this year
(DBN)

The head of the CDC says the US could face a COVID-19 surge after more than 1.3 million Americans traveled around spring break • Miami Beach Officials & Residents Say Unruly Spring Break Crowds Are Ruining City’s Image
(DBN)

3.9 million lost years: What the pandemic took from American families
(DBN)

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Movie Theaters:

The pandemic won't be the end of movie theaters, but it will forever change them
(DBN)

MoviePass may rise from the dead next week. Or something
(DBN)

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Coal:

Bluestone Resources sues lender facing insolvency
(DBN)

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Taxis:

A Simple Guide To How NYC Is Screwing Up Giving Debt Forgiveness To Taxi Drivers
(DBN)

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Hotels:

Fairmont San Jose hotel owners win early rounds in bankruptcy case
(DBN)

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Bankruptcy Crimes:

Hidalgo County EMS owner convicted of bankruptcy fraud
(DBN)

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Food/Beverage:

21 restaurants and franchisees that have filed for bankruptcy during the COVID-19 pandemic
(DBN)

Out of Bankruptcy, Cicis New Owners Plot Growth Push
(DBN)

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Agribusiness:

Left Out: Struggling Dairy Farmers Ineligible for Second Round of PPP
(DBN)

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New Bankruptcy Opinions
(5 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (9 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (11 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)

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Bankruptcy Statistics:

Bankruptcy Filings Continue Downward Trend
(DBN)

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Critical Vendors:

Equitable Mootness Strikes Again: The Near Impossibility of Challenging a Debtor’s Critical Vendor Decisions
(DBN)

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Fiduciary Duties:

Sellers Beware: Fiduciary Duty Risks to Directors
(DBN)

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Miscellaneous:

Updated: Guide To Financial Support Measures Across Europe And The Middle East
(DBN)

Updated Global Insolvency Report: Impact of Covid-19 on Insolvency Laws
(DBN)

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Bankruptcy Reform:

Chairman Nadler Applauds House Passage of Legislation to Extend CARES Act Bankruptcy Relief Provisions
(DBN)

Congress Enacts Temporary Bankruptcy Relief Related to COVID-19
(DBN)

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Settlements:

Settled or Not? Town Sports Challenges Settlement it Purportedly Entered into with New York Attorney General
(DBN)

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UST:

NACBA Calls on EOUST to ensure the goals of the American Rescue Plan Act are not undermined
(DBN)

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Finance:

PPP Loans, Debtor in Possession Financing, Chapter 11 Debtors and Subchapter V Debtors
(DBN)

Greensill "Secured" Lending
(DBN)

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Tax:

IRS plans to push April 15 U.S. tax deadline to May 17
(DBN)

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Aviation:

The High Costs of the Airline Bailouts
(DBN)

Avianca Adding Routes to Beaches With Eye On Bankruptcy Exit
(DBN)

Malaysian Court Grants AirAsia X Restraining Order on Creditors
(DBN)

AirAsia X wins restraining order on creditors, with exceptions
(DBN)

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Gig Economy:

Uber employment rights setback is a ‘gut punch’ to its prospects in the UK
(DBN)

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Mass Torts:

Frustrated judge tells BSA bankruptcy lawyers to work harder
(DBN)

Boy Scouts bankruptcy judge bemoans 'staggering' legal fees
(DBN)

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UK:

Cummings Calls U.K. Health Officials’ Covid Response ‘Disaster’
(DBN)

UK vaccine supplies could be shaken in the coming weeks, slowing rollout
(DBN)

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EU:

Europe’s Plan to Save Summer: A Travel Certificate
(DBN)

Eurostar in talks to head off cash crunch, warns majority shareholder
(DBN)

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PIIGS:

Spanish hotel chain Melia sues government for lockdown damages
(DBN)

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MENA:

Biden defends inaction against Saudi crown prince in killing
(DBN)

Knesset okays electronic bracelet for returnees from abroad
(DBN)

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Japan:

Japan's failure to recognize same-sex marriage is unconstitutional, court rules
(DBN)

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Norway:

Norway in third wave of virus infections, health minister says
(DBN)

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France:

France Will Announce New Local Measures to Curb Covid Thursday
(DBN)

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India:

Year-long IBC suspension to be lifted ‘after March 24’, hints MCA
(DBN)

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Brazil:

Bolsonaro’s Standing Craters Amid Historic Health-Care Collapse
(DBN)

Brazil’s rolling coronavirus disaster is a global problem
(DBN)

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Hong Kong:

Hong Kong’s Virus Rules Keep Cases Low but Stoke Complaints • Stories of children separated from parents highlight the price of Hong Kong's coronavirus success
(DBN)

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China:

China’s latest vaccine is made from hamster ovary cells.
(DBN)

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