March 26, 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:

ABA Opinion On Virtual Offices: Is It Time For The ABA To Step Aside?
(DBN)

Another Elite Firm Matches New Special Bonus Scale
(DBN)

Am Law Top 20 Firm Antes Up With Special Bonus Bucks For Associates, Counsel
(DBN)

Biglaw Bonuses Blossom This Spring As Another Major Biglaw Firm Announces Special Bonuses
(DBN)

Everyone Shares In The Bonus Fun In Latest Biglaw Spring Special Bonus Announcement
(DBN)

Elite Biglaw Firm Announces Bountiful Special Bonuses
(DBN)

Black K&L Gates Partner’s Federal Suit Paused for Arbitration
(DBN)

‘RHOBH’ Erika Jayne Objects To Sale Of $16 Million Mansion Unless She Gets $600K Exemptions In Thomas’ Bankruptcy Case, Claims “Marital Interest” In Home Which Isn’t In Her Name
(DBN)

Lincoln Project's Latest Target in Big Law Reveals Risks of Employees in Politics
(DBN)

US News Makes Last-Minute Changes to Law School Rankings, Fueling Criticism and Concern
(DBN)

What is holding women lawyers back?
(DBN)

Say Aaahhh … Keeping A Civil Tongue
(DBN)

Request Granted for D.C. Lawyer Who Asked to be Disbarred
(DBN)

Due to Energy Slowdown, Thompson & Knight Revenue Down 10%, Profits Down 16%
(DBN)

Lawyers and their fans flock to new dating site, Lawyr
(DBN)

Trump Defends Capitol Rioters 'Uncharted waters.' Judges are banning some Capitol riot suspects from the internet Oath Keeper at Riot; Trump Best Do His Duty What we know about the "unprecedented" Capitol riot arrests DHS looking at tracking travel of domestic extremists Capitol Rioter Complains About Being Rudely Ejected From Insurrection By Police Parler says it warned FBI of 'specific threats of violence' before Capitol riot
(DBN)

8 Candidates Compete for a Job That May Involve Prosecuting Trump
(DBN)

Prosecutors Are Lining Up Trump Witnesses
(DBN)

Dominion files $1.6 billion defamation lawsuit against Fox News
(DBN)

Boulder shooting suspect will be held without bail, judge rules in first court appearance days Friends and classmates say the 21-year-old suspect in the Boulder, Colorado, shooting was a tormented wrestler with a short fuse Murder Charges Officially Filed Against Boulder Supermarket Mass Shooting Suspect Lawyer: Colorado shooting suspect needs mental health review Ahmad Alissa Removed From Boulder Jail Following Threats to His Safety
(DBN)

Biden administration allows access to border facility -- but not ones over capacity Explainer: Why more migrant children are arriving at the U.S.-Mexico border Border crossings strain resources in Rio Grande Valley Ex-Border Patrol officials beg Congress for help with immigration ‘crisis’ See inside the two types of border facilities for unaccompanied migrant minors Finally a breakthrough: Senate actually talking immigration ACLU's Family Separation Lawyer Threatens White House With 'Litigation' After Biden Says Immigrants 'Should All Be Going Back' FactCheck: The border surge is “challenging” because the immigration system that had been in place for decades “was dismantled in its entirety by the Trump administration.”
(DBN)

Mass shooters exploited gun laws, loopholes before carnage
(DBN)

Despite Recent Mass Shootings, Support for Stricter Gun Laws Has Declined
(DBN)

Firearms Background Checks Surged in 2020
(DBN)

Appeals Court Rules That Federal Agencies Can’t Classify Bump Stocks as ‘Machine Gun'
(DBN)

Gun owners have no unfettered right to carry their weapons in public, en banc appeals court says
(DBN)

A city that tried to regulate guns
(DBN)

Boulder and Atlanta shootings renew debate over red-flag gun laws
(DBN)

The Obscure Case That Could Blow Up American Civil-Rights and Consumer-Protection Laws Testing Time at the Supreme Court
(DBN)

U.S. Supreme Court widens ability to sue police for excessive force
(DBN)

Jacob Blake Sues Kenosha Cop Who Shot Him Seven Times and 'Severed' His Spinal Column
(DBN)

Jury Will Hear Derek Chauvin Once Ordered a Cop to ‘Hog-Tie’ a Suspect Who Wasn’t Resisting Arrest
(DBN)

In partisan divide, Senate Judiciary Committee splits on Justice Department nominee Gupta
(DBN)

Fired NYPD Officer Who Put Eric Garner in a Banned Chokehold Loses Appeal to Get His Job Back
(DBN)

2020’s historic surge in murders, explained
(DBN)

Deshaun Watson’s lawyer just showcased part of his legal defense
(DBN)

Maskless ‘MAGA Brat’ Doubles Down, Says Calling Black Bakery Employee a ‘B**** A** N*****’ Was a ‘Term of Endearment’
(DBN)

California's top court nixes cash bail for defendants who can't afford it and don't pose a threat In 'Amazing Victory' for Criminal Justice Reform, California Supreme Court Rules Jailing Someone Just Because They Can't Afford Cash Bail Is 'Unconstitutional'
(DBN

High School Football Coach Fired After Players Used Anti-Semitic Play Calls
(DBN)

Pollard: Jews Should Always Consider Spying for Israel
(DBN)

‘Crime Scene: The Vanishing at the Cecil Hotel’ and the problem with internet sleuths
(DBN)

L.A. police arrest reporters and legal observers at protests over homeless encampment
(DBN)

Teen Gets 43 Tickets After Police Chase
(DBN)

______________

Judges:

BK SD FL: Courthouse Beacon Newsletter
(DBN)

Neil Gorsuch Couldn't Stop Complaining About the Rest of the Justices Today
(DBN)

Roberts, Kavanaugh join with liberal justices to rule for woman shot by police while fleeing
(DBN)

Ohio Court Worker, Judge to Face Off at Sexual Harassment Trial
(DBN)

______________

Wall Street:

Dow futures rise 100 points as economic recovery plays climb again
(DBN)

World stocks advance on optimism over pandemic recovery
(DBN)

______________

Defaults:

Loan Defaults Fall Below 4%, Lowest Level Since June 2020, Fitch Ratings
(DBN)

____________

Student Debt:

There are no easy answers on canceling student debt
(DBN)

____________

Healthcare:

Bankruptcy court approves Down East Community Hospital's purchase of Calais Regional Hospital Sale of bankrupt Maine hospital cleared
(DBN)

Hospitals face lingering fiscal damage from coronavirus pandemic
(DBN)

Public health spending has been stagnant for a decade
(DBN)

Her Doctor's Office Moved 1 Floor Up. Why Did Her Treatment Cost 10 Times More?
(DBN)

AstraZeneca confirms strong vaccine protection after US rift
(DBN)

Biden will announce new Covid vaccine goal: 200 million shots within his first 100 days
(DBN)

U.S. COVID response could have avoided hundreds of thousands of deaths - research
(DBN)

‘Sad Milestone’, Report Says COVID-19 Fatalities Now Leading Cause Of Death In Dallas County
(DBN)

U.S. Covid Cases Are Rising Again, Reversing Months of Progress
(DBN)

1 report, 4 theories: Scientists mull clues on virus’ origin
(DBN)

Do COVID vaccines work against the new coronavirus variants? Here’s what the data says
(DBN)

Starting April 15, all Californians 16 and older will be eligible for COVID-19 vaccines; those 50 and older can sign up April 1
(DBN)

We Unmasked the Spring Break Joker and He’s a COVID Truther DeSantis erodes Florida’s Covid rules — and spring breakers go wild
(DBN)

Miami Beach On High Alert As Another Long Spring Break Weekend To Start
(DBN)

‘Alarming’ rise in COVID-19-related hospitalizations among unvaccinated in Michigan
(DBN)

The CDC is tracking a recent uptick in Covid cases
(DBN)

This Island Nation Had Zero Covid Cases for Months. Now It’s Overwhelmed.
(DBN)

70% of the world could be vaccinated this year
(DBN)

A city in France says it can predict COVID-19 surges by analyzing poop in its sewers
(DBN)

A pro-Trump evangelical advised getting the COVID-19 vaccine. His fans revolted.
(DBN)

Gavin Newsom feared a vaccine nightmare. So he outsourced California’s rollout.
(DBN)

Trump's Mar-a-Lago Club to reopen following coronavirus-induced closure
(DBN)

FEMA Reimbursing Up to $9K for Covid Burials
(DBN)

___________


Economy:

US jobless claims fall to 684,000, fewest since pandemic Weekly Initial Unemployment Claims decreased to 684,000 Jobless claims fall to pre-pandemic levels Unemployment claims drop to a pandemic low as reopenings offer hope U.S. weekly jobless claims hit one-year low in boost to economic outlook
(DBN)

Kansas City Fed: Tenth District Manufacturing Activity "Grew Solidly" in March
(DBN)

Leveraged firms aren’t out of bankruptcy danger just yet, paper warns
(DBN)

Q4 GDP Growth Revised up to 4.3% Annual Rate; PCE Growth Revised Down to 2.3%
(DBN)

Corporate zombies may rise with slow economic rebound, BIS says
(DBN)

Bill Gates says world should be back to normal by end-2022 due to vaccines
(DBN)

When You Are Afraid to Retire
(DBN)

Signs of life amid signs of concern in the second year of the coronavirus pandemic
(DBN)

77% of Americans are worried about inflation The real deal? The case for and against inflation
(DBN)

Fed's Barkin says watch the data, rate hikes no article of faith
(DBN)

Fed to support economy until recovery 'well and truly done,' Clarida says
(DBN)

'Walk One Day In Our Shoes': Life Near Minimum Wage
(DBN)

Stimulus aid lifted Americans' total incomes by $1.1 trillion last year
(DBN)

Fed officials press promise of complete recovery before 'punch bowl' disappears
(DBN)

The government is more worried about the economic recovery than its debt, Fed's Powell says
(DBN)

Weaned on Hollywood endings, Americans now face a messy one
(DBN)

In 2020 the ultra-rich got richer. Now they're bracing for the backlash
(DBN)

‘Super Bowl of tax reform’ is coming: Groups gear up for fight over Biden’s upcoming plan
(DBN)

New York’s Reopening: ‘Wild,’ ‘Exciting,’ ‘Hopeful,’ ‘Bad’
(DBN)

Los Angeles, Orange Counties Edge Closer To Orange Tier Reopenings As Local Covid-19 Numbers Drop Again
(DBN)

California bill spurs Arizona congressman to seek ban on "exit taxes"
(DBN)

IMF warns of 'diverging recoveries' post-pandemic
(DBN)

Black workers, hammered by pandemic, now being left behind in recovery
(DBN)

Senate Democratic moderates push for minimum wage compromise
(DBN)

Here’s How the U.S. Tax System Compares to Other Developed Countries
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

Mortgage rates hit 9-month high after rising for six weeks in a row Mortgage rates leaped to 3.17% last week
(DBN)

Judges mixed on how government shutdowns affect leases
(DBN)

Freddie Mac: Mortgage Serious Delinquency Rate decreased in February
(DBN)

How’s Small-Town Maine, Janet?
(DBN)

AIA: "Architecture billings climb into positive territory after a year of monthly declines" in February
(DBN)

Retailers and Landlords Clash Over What Counts as a Sale
(DBN)

____________

Municipalities:

Just One State Has Lost Population Over 70 Yrs
(DBN)

Dan Gilbert will invest $500 million to help revitalize Detroit.
(DBN)

____________

Oil/Gas:

Noble Corp to buy Pacific Drilling in all-stock deal
(DBN)

Ad Agencies Step Away From Oil and Gas in Echo of Cigarette Exodus
(DBN)

Major oil industry group endorses carbon pricing as pressure grows to curb emissions Oil, gas industry says it will support carbon pricing if White House sets aside other regulations
(DBN)

Factbox: What does the Suez Canal blockage mean for oil shipments?
(DBN)

____________

Student Debt:

Left in the Lurch by Private Loans From For-Profit Colleges
(DBN)

____________

Maritime:

A huge ship is blocking a vital trade artery. It could get costly Massive ship blocking the Suez Canal brings billions of dollars in trade to a standstill Suez Canal blockage is delaying an estimated $400 million an hour in goods 'Beached whale' ship could block Suez Canal for weeks As massive ship remains stuck in the Suez Canal, signs of global economic toll emerge
(DBN)

Suez Canal Crisis Revives Fortunes of Hard-Hit Tanker Owners
(DBN)

____________

Retailing:

Rite Aid plunges 22% after cutting its full-year forecast as the drugstore chain saw fewer people getting colds and coughs
(DBN)

Amazon blasts Bernie Sanders as he heads to Alabama to support union drive
(DBN)

Amazon Knows Their Drivers Pee in Bottles
(DBN)

Italians stay afloat by faking it on Amazon
(DBN)

Retail Openings Will Outpace Closures For First Time In Years
(DBN)

‘The Last Blockbuster’ Is a Fond Farewell to the Nearly Defunct Video Chain
(DBN)

____________

Bankruptcy Crimes:

Camden County couple charged with bankruptcy fraud
(DBN)

____________

Hotels:

Fairmont San Jose owners target quick end to bankruptcy
(DBN)

Bankrupt Bay Area hotels are slated for auction
(DBN)

Hotels: Occupancy Rate Highest in a Year; Down 15% Compared to Same Week in 2019 Hotel Occupancy Rate Highest in a Year; Down from 2019
(DBN)

____________

Distressed Investing:

U.S. Junk-Bond Sales Break Record for Busiest Quarter Ever Companies raise record $140bn in US junk bond market in first quarter
(DBN)

____________

Politics:

Schumer lays out Senate's next top legislative priorities Schumer tees up Senate votes on hate crimes, gun control, voting rights
(DBN)

Four takeaways from Biden's first news conference Fact-checking Biden's first news conference Biden says he plans to seek reelection in 2024, faces questions on filibuster, immigration, Afghanistan Biden's message was about issues, but politics had a heavy presence Biden is sympathetic to migrants, faulty on some facts Not a single reporter at Biden's first presidential conference asked about the pandemic
(DBN)

Biden keeps returning to Trump as a cause of nation's troubles
(DBN)

Impeachment probe to examine COVID tests for Cuomo relatives
(DBN)

Fact check: Breaking down 10 claims about the Democrats' elections bill
(DBN)

The filibuster’s racist history, explained
(DBN)

Manchin pushes Dems for voting rights compromise amid talk of killing filibuster Voting rights clash hurtles Senate toward nuclear breakdown
(DBN)

Fox News Report On Kamala Harris Not Saluting Gets Fierce Fact Check
(DBN)

Sources: Secret Service inserted itself into case of Hunter Biden’s gun
(DBN)

Georgia enacts sweeping voting law Georgia lawmaker released on bond after arrest during signing of GOP voting bill
(DBN)

Wyoming election changes pushed by Donald Trump Jr. fail
(DBN)

____________

Nursing Homes:

‘Detrimental to patients and taxpayers’: House hearing lambasts private-equity ownership in nursing home industry
(DBN)

____________

Religion:

Archdiocese shielded parishes before filing for bankruptcy
(DBN)

PA House backs plan that would put abuse lawsuit question on ballot in 2023
(DBN)

Church, insurers oppose new effort to extend deadline for sex-abuse lawsuits
(DBN)

____________

 


New Bankruptcy Opinions
(8 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (20 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (6 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 Strategy:

Protecting Against Vendor Bankruptcy in Service and License Agreements
(DBN)

____________

Subchapter V:

About That Impending Subchapter V Bankruptcy Eligibility Deadline
(DBN)

When Does A Subchapter V Discharge Happen? (In re Satellite Restaurants)
(DBN)

____________

Finance:

Greensill Capital files for Chapter 11 bankruptcy in New York
(DBN)

U.S. Raises Cap on Small-Business Disaster Loans
(DBN)

____________

Aviation:

United Airlines will add more than two dozen flights as leisure travel picks up.
(DBN)

Threat of another summer lost to Covid-19 stirs cash-crunch fears for airlines
(DBN)

Fist fight breaks out on American Airlines flight as passengers get off plane in Phoenix
(DBN)

Southwest pilot on hot mic goes on expletive-laden rant against the Bay Area
(DBN)

$300 a day for a Kia Rio. Why rental cars prices have gone insane
(DBN)

Government action can still save summer, European airlines say
(DBN)

No creditors oppose Norwegian Air restructuring proposals in Irish court
(DBN)

Thai Airways challenges lessors’ future rental claims
(DBN)

____________

Coal:

Black Lung Claims Set At $19M In Westmoreland Bankruptcy
(DBN)

____________

Utilities:

Companies turn to debt markets, courts to address Texas freeze costs
(DBN)

Texas Death Toll From Storm Crosses 110
(DBN)

Renewables Met 97% of Scotland's Electric Need
(DBN)

White House faces new pleas to avert 'tidal wave' of water shut-offs as state bans continue to lapse
(DBN)

____________

Performing Arts:

Broadway eyes September opening, New York plans to vaccinate theater workers
(DBN)

____________

Sports:

NFL won't require players, coaches to receive coronavirus vaccines
(DBN)

____________

Education:

Rutgers to require COVID-19 vaccination for students this fall
(DBN)

Biden’s school reopening promise faces aging bus drivers, vaccine scarcity
(DBN)

____________

Mass Torts:

USC and plaintiffs agree to $852 million settlement in sexual abuse case involving former gynecologist
(DBN)

____________

Food/Beverage:

A Huge Number of Restaurants Filed for Bankruptcy During the Pandemic
(DBN)

Restaurants may have to wait for $29B in new federal aid
(DBN)

____________

Climate:

Democrats to use Congressional tool to reinstate methane rules axed by Trump
(DBN)

At least 5 killed as tornadoes rampage through Alabama
(DBN)

California Lawmaker Proposes Buyouts for Homes Threatened by Rising Sea
(DBN)

____________

Mail:

Controversial Plan to Reinvent Post Office
(DBN)

____________

History:

Americans have tired of wearing masks and social distancing before; here’s what happened next
(DBN)

____________

Newspapers:

Los Angeles Times Lost $50 Million in 2020
(DBN)

____________

UK:

Plans for pub and restaurant Covid checks unworkable, says industry
(DBN)

Automatic filing extensions granted by the Corporate Insolvency and Governance Act due to come to an end
(DBN)

UK state-backed Covid loans top £75bn as schemes wind down
(DBN)

DWP: One in ten had no savings when pandemic hit, and half had £1,500 or less
(DBN)

High Streets: 'Catastrophic blow' as business rates appeals denied
(DBN)

UK set to extend emergency coronavirus powers by 6 months
(DBN)

UK COVID loans and financing schemes reach nearly 180 billion pounds - ministry
(DBN)

____________

EU:

EU leaders faced with surge of infections, vaccine issues Vaccine failings cast shadow over EU summit as third wave surges EU's vaccine failure is because it didn't 'shoot for the stars,' Macron says
(DBN)

E.U. has exported more vaccine doses than it has administered EU steps up vaccine exports rules and pressures AstraZeneca over deliveries
(DBN)

____________

PIIGS:

Italy reports 460 coronavirus deaths on Wednesday, 21,267 new cases
(DBN)

____________

Brazil:

Bolsonaro under fire as Brazil hits 300,000 virus deaths
(DBN)

'Saddest March of our lives': Brazilians lament Covid devastation as critics decry Bolsonaro
(DBN)

____________

India:

Bankruptcy filings resume after a year of pandemic
(DBN)

IBC threshold limit raise may leave some creditors stranded
(DBN)

Massive second wave of infections is emerging in India, pitting the virus against the vaccine rollout India locks down some towns as coronavirus cases hit five-month high
(DBN)

____________

MENA:

Iranian woman executes mom under law that lets kids exact revenge on parents
(DBN)

____________

Germany:

German cities likely to lose $600m in Greensill Bank insolvency
(DBN)

____________

Mexico:

Foreign creditors in Mexican Bankruptcy proceedings
(DBN)

____________

China:

New signs show that China is cracking down on debt again
(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 $66.50/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