October 1, 2021

The Daily Bankruptcy News

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Law:

The Gathering Clouds On the Law School Horizon
(DBN)

Biglaw Firm Offers New Pandemic Perks, Including Fertility And Family-Planning Benefits
(DBN)

New law firm commitments include goal that ties partner pay to diversity
(DBN)

Biglaw Associates Caught Overbilling Lose Jobs, Ability To Practice Law
(DBN)

Baker McKenzie passes $3 bln revenue mark, boasting spike in profits
(DBN)

Shedding The Workaholic Badge In-House
(DBN)

Introducing O’Melveny’s Dallas-Based Bankruptcy & Restructuring Partners
(DBN)

Judge, Lawyer, Or Paraprofessional? The Legal Version Of Rock, Paper, Scissors?
(DBN)

Due Process — And Normal Social Relations — Are Being Destroyed By COVID Snitching Culture
(DBN)

Linklaters lifts NQ salaries to £107k as US firm puts trainees on £57k
(DBN)

Senior Partner promises 'limited future' for lawyers making typos
(DBN)

Senate GOP Forces First US Attorney Committee Vote in Decades
(DBN)

Sure, You Want To Be A Lawyer. But What *Kind* Of Lawyer?
(DBN)

The New Practice Area Blowing Up The Lateral Market
(DBN)

Mental ill-health and burnout plaguing lawyers, survey finds
(DBN)

Watchdog faults FBI for 'widespread' errors handling surveillance warrants • Inspector general finds 'widespread' problems in FBI's FISA applications
(DBN)

That’s Not How Contracts Work
(DBN)

Gender Pay Gap for U.K. Barristers Is Only Getting Worse
(DBN)

Accuser Azriel Clary says R. Kelly coached her before 2019 interview • Bill Cosby’s Rep Says Comedian Believes R. Kelly Was ‘Railroaded’ In A Sex-Trafficking Trial
(DBN)

Jeffrey Epstein's Estate Agrees to Disclose Confidential Deal Requested by Prince Andrew, Court Docs Say
(DBN)

Five Dancers Raise Stunning Allegations of Years-Long Child Sexual Abuse by High-Profile Ballet Couple
(DBN)

Cop who arrested man for ‘I Eat A--’ bumper sticker is entitled to qualified immunity, federal judge rules
(DBN)

Supreme Court takes up dispute between Ted Cruz and FEC • Supreme Court to Hear Clash Over Repayment of Candidate Loans
(DBN)

Supreme Court to hear case over Boston's refusal to fly Christian flag
(DBN)

Feds Didn't Count 17,000 Police Killings
(DBN)

Members of Congress share personal abortion stories at House hearing
(DBN)

Justice Sonia Sotomayor Offers Stark Warning About The Future Of Abortion And The Law
(DBN)

Judge issues last-minute delay to Montana abortion laws hours after taking case
(DBN)

Texas trots out 1911 precedent, uptick in Oklahoma abortions in bid to doom DOJ suit
(DBN)

The Justice Department will argue against Texas' abortion law Friday. Here's what you need to know.
(DBN)

Alito Rebuffs Notion Supreme Court Overturned Roe in Texas Case
(DBN)

Second body found in same area as Petito's, ending another missing person case
(DBN)

Mother of Two Children Who Were Found Decapitated in Their Bedrooms Arrested and Charged with Murder
(DBN)

Florida Day Care Employee Jailed After Being Caught on Camera Breaking a Toddler’s Leg and Slapping an Infant: Sheriff
(DBN)

Senate panel advances 9 Biden prosecutor picks; splits on Massachusetts nominee
(DBN)

Hundreds of migrants held for weeks without charges as Texas's border crackdown overwhelms justice system
(DBN)

Afghans are leaving U.S. military bases before resettlement
(DBN)

Appeals court allows Biden administration to resume Title 42 expulsions
(DBN)

Social media companies that posted ISIS content aren’t liable for Pulse nightclub shooting, 11th Circuit rules
(DBN)

South Dakota AG Reaches Settlement With His Victim's Family
(DBN)

Appeals court to examine whether Guantánamo detainees have due process rights
(DBN)

Alex Jones Loses Sandy Hook Conspiracy Cases
(DBN)

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Judges:

Bankruptcy Judge Drain Announces 2022 Retirement
(DBN)

Biden nominates 10 more federal judges amid diversity push
(DBN)

Biden Nominates ACLU Voting Rights Head to Federal Judgeship in New York; Progressives Praise Choice of 'Democracy's Lawyer'
(DBN)

Senate Democrats criticize SCOTUS ‘shadow docket’ in hearing; Republicans see attempt at justice intimidation • Justice Alito Responds to 'Annoying' Critics of 'Shadow Docket,' Says There Is No 'Dangerous Cabal' Deciding Cases 'in the Dead of Night'
(DBN)

In political crosshairs, U.S. Supreme Court weighs abortion and guns
(DBN)

Sotomayor writes new book for young readers called ‘Just Help!’
(DBN)

Chemerinsky: Expect a truly extraordinary year at the Supreme Court
(DBN)

Judge Judy Scheindlin Returns to Courtroom in Trailer for New Show 'Judy Justice'
(DBN)

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Wall Street:

Stock futures point to a flat start to the new month following a rough September
(DBN)

A Bad Month for Stocks Ends With Few Signs the Drama Is Over
(DBN)

Bed Bath & Beyond Tumble Shows the Risks of Chasing Meme Stocks
(DBN)

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Theatre:

Broadway's "Aladdin" shuts after only one performance since "Re-opening Night" due to breakthrough COVID cases
(DBN)

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Retailing:

Bed Bath & Beyond shares dive more than 25% as supply chain issues, rising costs hit results
(DBN)

Kohl’s Supply-Chain Worries Spark BofA Downgrade; Shares Decline
(DBN)

American Dream unveils luxury wing as virus still looms
(DBN)

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Celebs:

RHOBH’s Erika Jayne ‘refuses to downgrade to tiny apartment’ despite admitting to having ‘zero dollars’ amid fraud case
(DBN)

Lisa Rinna seemingly doubles down on support of Erika Jayne amid bankruptcy, legal woes
(DBN)

Tom Girardi Living in 'Skilled Nursing Facility' with 24-Hour Care amid Bankruptcy, Divorce
(DBN)

Jamie Spears Calls Suspension from Conservatorship a 'Loss for Britney,' as Pop Star's Lawyer Threatens 'More Serious Ramifications' for Embattled Father • Britney Spears, Carrie Buck and the awful history of controlling 'unfit' women • Jamie Spears Out As Britney's Conservator. Now About That Wiretapping...
(DBN)

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Healthcare:

New COVID cases fall by 25%
(DBN)

ER Charged $54,000 for Covid Test
(DBN)

Messy, incomplete U.S. data hobbles pandemic response
(DBN)

CDC director says U.S. Covid deaths among pregnant women peaked in August
(DBN)

Patients Can Have COVID-19 And The Flu Simultaneously, "catastrophic"
(DBN)

Drug-resistant infections in the US have risen sharply during the pandemic, and experts warn it's getting worse as COVID patients overwhelm hospital resources
(DBN)

Montana hospital ICU reaches 150% capacity amid surge of COVID-19 cases
(DBN)

Idaho Doctors See Maternal Deaths, Stillbirths With Covid-19
(DBN)

In Well-Vaccinated Maine, Covid-19 Still Fills Hospitals With the Unvaccinated
(WSJ)

In a letter to the editor, a man said his relative 'is past' covid and 'completely immune.' Then came the twist.
(DBN)

Missouri hospital workers are being assaulted on the job. New panic buttons allow them to summon security.
(DBN)

Will Asia accept vaccine mandates like Biden’s for the US?
(DBN)

Covid booster recipients ‘want a normal Thanksgiving’ after getting third shots
(DBN)

What kids finally getting vaccinated will actually mean for ending the pandemic
(DBN)

More than 70% of African countries miss COVID vaccination target
(DBN)

Monoclonal antibodies save covid patients. Why are they hard to get?
(DBN)

Agonizing choices as Dems debate shrinking health care pie
(DBN)

A Hospital Hit by Hackers, a Baby in Distress: The Case of the First Alleged Ransomware Death
(WSJ)

____________


Economy:

Weekly Initial Unemployment Claims Increase to 362,000 • Number of workers filing for jobless aid rises for third straight week to 362,000 • Jobless claims rise for third straight week after 6.2M lose federal benefits • California muddies U.S. weekly jobless claims; labor market recovering
(DBN)

'Throwing résumés into the void': Job seekers describe the frustration of sending hundreds of applications and having nothing to show for it
(DBN)

During the 'Great Resignation,' workers refuse to accept the unacceptable
(DBN)

Q2 GDP Growth Revised up to 6.7% Annual Rate
(DBN)

Stock, Bond and Real Estate Prices Are All Uncomfortably High
(DBN)

Fed's Bostic says hiring process for regional presidents "has worked well" • Fed's Powell: Seeking diverse candidates will be priority for regional presidents search
(DBN)

Fed’s Evans: ‘Let’s be patient’ on U.S. inflation
(DBN)

From chips to ships, shortages are making inflation stick
(DBN)

Bostic: U.S. Near Full Employment Next Year, Rate Liftoff in 2022, Three Hikes in 2023
(DBN)

With child care unaffordable, many parents struggle to stay employed
(DBN)

Why shoppers are finding many products hard to find
(DBN)

How a middle-class retirement plan became a tax dodge for the rich
(DBN)

Yellen lends support for effort to remove the debt ceiling altogether • Yellen calls for 'very destructive' debt limit to be abolished • Treasury's Yellen agrees debt default would cause 'irreparable' damage to U.S • Yellen Hints at a ‘Few Days’ of Room After Debt-Limit Deadline
(DBN)

Debt ceiling standoff prompts Treasury to ask U.S. agencies for cash flow reviews
(DBN)

Schumer Escalates Pressure on Debt Limit, Plans Vote Next Week
(DBN)

S&P says it expects U.S. Congress to address debt ceiling on time
(DBN)

Pelosi defiant on infrastructure vote • Infrastructure vote delayed while leaders hash out deal
(DBN)

Manchin says his spending limit is $1.5 trillion • Manchin says reconciliation bill must include controversial Hyde Amendment •
(DBN)

Democrats' agenda hangs in balance as Pelosi, Biden scramble for support on infrastructure vote
(DBN)

Senate defeats GOP amendment to block Biden vaccine mandate • New poll finds lingering sharp political divisions on Biden vaccine mandate
(DBN)

BlackRock requires over half its workers return to office on Nov 1 - memo
(DBN)

Hapag-Lloyd CEO says shipping still in the thick of supply chain disruptions
(DBN)

Biden Adviser Tim Wu Bemoans Rise of Corporate Power Across Economy
(DBN)

BofA Doubles Goal of Hiring 10,000 Workers From Low-Income Areas
(DBN)

U.S. Judge upholds COVID-19 vaccine requirement for those with 'natural immunity'
(DBN)

New York City Teachers Petition the Supreme Court in Bid to Block Vaccine Mandate
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

Rising Treasury yields drive mortgage rates higher • U.S. Mortgage Rates Surge, Topping 3% for First Time Since June
(DBN)

Flood insurance rules are changing, but some say not enough
(DBN)

California returns land to descendants of original Black owners
(DBN)

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Municipalities:

PREPA's board president and executive director are out
(DBN)

Puerto Rico bondholder asks for longer voting deadline extension
(DBN)

States & Cities with Highest Debt Load
(DBN)

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Oil/Gas:

Big Oil Split On Oil Future
(DBN)

Oil executives predict less EV growth than Biden wants
(DBN)

Key Takeaways from OPEC's Oil Outlook
(DBN)

Camber Energy spikes 29% as retail traders target the heavily shorted name as the next meme stock
(DBN)

U.S. sets Nov. 17 date for Gulf of Mexico oil and gas auction
(DBN)

Someone is betting oil will soar to a record $200 a barrel
(DBN)

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Hotels:

Occupancy Rate Down 11.0% Compared to Same Week in 2019
(DBN)

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Crypto:

Crypto-friendly senator Cynthia Lummis warns stablecoins must be fully cash-backed and regulated
(DBN)

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Education:

Starting Oct. 1, students can apply for a share of $150 billion in college aid
(DBN)

School Officials Beg Biden and FBI for Protection Against Threats From ‘Angry Mobs’
(DBN)

Mask-Crazed Parents Make Bizarre Threat to Defund Own School
(DBN)

____________

Sports:

'That's not my job': Why NBA stars who have gotten the shot aren't advocating for the vaccine
(DBN)

____________

Student Debt:

The student-loan industry could face a crackdown as yet another Elizabeth Warren ally takes a top oversight job for Biden
(DBN)

He Got $221,000 Of Student Loan Forgiveness, But His Forgiveness Was Just Revoked
(DBN)

____________

Mass Torts:

Tort Claimants' Committee for Boy Scouts of America Bankruptcy Rejects Modified Fifth Amended Plan of Reorganization
(DBN)

Boy Scouts OK'd to poll sex abuse survivors on bankruptcy plan • Survivors will soon vote on Boy Scout's plan to exit bankruptcy, a crucial next-step in case
(DBN)

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Agribusiness:

US Bumblebee Population Collapses 90%
(DBN)

____________

Autos:

Stellantis curbs Melfi output as chip crisis cuts car production
(DBN)

GM extending Blazer production halt in Mexico
(DBN)

BMW Lifts Guidance as Higher Car Prices Counter Chip Shortage
(DBN)

____________

Tech:

Anti-vaxxers outside the US still have channels with hundreds of thousands of subscribers despite YouTube's ban
(DBN)

____________

Politics:

Lawmakers using leadership PACs as 'slush funds' to live lavish lifestyles: report
(DBN)

Democrats divided: Progressives, centrists say trust is gone
(DBN)

Biden can’t budge fellow Dems with big overhaul at stake
(DBN)

Pelosi calls reconciliation package 'a culmination of my service in Congress'
(DBN)

Manchin proposed $1.5T top-line number to Schumer this summer • Waiting for 'Manchema': House liberals grow exasperated with two Democratic senators as Biden agenda struggles
(DBN)

Arizona Democrats, activists eye potential primary challenge to Sinema over Biden agenda, filibuster
(DBN)

Harris's poll numbers rise as Biden's fall
(DBN)

Senate to pass 9-week funding patch to thwart shutdown
(DBN)

Two Democrats, one Republican vote against parties on debt ceiling
(DBN)

Takeaways from Trump aide’s account of chaotic White House
(DBN)

Barr told Trump that suburban voters 'think you are a f---ing a--hole': Woodward
(DBN)

Trump super PAC replaces Lewandowski after sexual misconduct claim • Noem severs ties with Lewandowski after harassment allegations surface
(DBN)

Paul tanks Iron Dome cash, flooring Dems and bucking McConnell
(DBN)

Rep. Dan Crenshaw bypassed Capitol security, police say. He's the latest lawmaker to be hit with a $5,000 fine.
(DBN)

Voting official told: "I KNOW WHERE YOU SLEEP"
(DBN)

In state he won, Trump Pushes Abbott for Forensic Vote Audit
(DBN)

Flag-wearing man throws Molotov cocktail into Austin Dems HQ
(DBN)

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New Bankruptcy Opinions
(18 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (10 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)

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2021 Educational Forum of The American College of Bankruptcy and The University of Pittsburgh School of Law: After the Pandemic
(DBN)

Bonuses:

Executive Bonuses Paid Before Bankruptcy Should Be Curbed, GAO Says
(WSJ)

Enhanced Authority Could Strengthen Oversight of Executive Bonuses Awarded Before a Bankruptcy Filing
(DBN)

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Miscellaneous:

Financier Worldwide Indepth Feature: Bankruptcy & Restructuring 2020
(DBN)

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Avoidance Actions:

Transfers With Intent To Hinder, Delay Or Defraud: History Of The Badges Of Fraud
(DBN)

____________

Aviation:

United’s unvaccinated staff drops from 593 to 320 after company said they would be fired
(DBN)

Sen. Feinstein introduces bill to require vaccine or negative test for domestic flights
(DBN)

Man opens emergency door, jumps onto wing of plane in Miami
(DBN)

Former Blue Origin employee "would not trust" company's vehicles to go to space • Essay on Jeff Bezos’ Blue Origin claims ‘toxic’ workplace
(DBN)

Major EU airlines agree to refund passengers after pandemic flight cancellations
(DBN)

Italian carrier ITA to buy 28 Airbus jets, lease 31 from Air Lease
(DBN)

US court allows PAL to access the rest of $505-million bankruptcy loan
(DBN)

Thai and NOK Air Rehabilitations: Top Ten Takeaways
(DBN)

Tata Sons reportedly wins bid to takeover the ‘Maharaja’
(DBN)

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Climate:

Billionaire Ray Dalio on climate change: ‘It worries me. I worry for man’
(DBN)

GM expects renewable energy-powered U.S. sites by 2025, ahead of plan
(DBN)

A dramatic new sculpture of a drowning girl in a Spanish river hints at a dark future. It's titled, 'Tomorrow.'
(DBN)

Science: Earth in Middle of a Mass Extinction Event
(DBN)

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Transit:

Electric bikes jolt U.S. cities
(DBN)

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Banking:

Lying To, Overcharging Customers Sure Seems Like Wells Fargo’s Primary Strategy
(DBN)

____________

Fraud:

The president of a non-profit has been accused of stealing state funds from homeless shelters to grow his $22 million real-estate empire
(DBN)

Texas Jet-Engine Lessor Gets 11-Year Prison Sentence for Fraud
(DBN)

Rogue employee that bankrupted firm slapped with criminal and civil charges
(DBN)

____________

Pharma:

States to seek direct appeal of Purdue Pharma plan to 2nd Circuit
(DBN)

Pharmacy chains face first trial in U.S. opioid litigation, judge urges settlement
(DBN)

The U.S. is the drug industry's gold mine
(DBN)

Democrats dial back drug-pricing plans to win over moderates
(DBN)

Sen. Capito: COVID pandemic "put the accelerator" on opioid addiction
(DBN)

Fed ethics questions spread to Barkin on McKinsey's opioid role
(DBN)

____________

Firearms:

Smith & Wesson to Move Headquarters to Gun-Friendly Tennessee
(DBN)

____________

Sovereigns:

Poor country debt could worsen due to commodity prices, interest rates - Malpass
(DBN)

____________

UK:

Britain’s ‘petrol panic’ could force car-reliant doctors to live in hotels
(DBN)

U.K. Still Seeing ‘Unprecedented’ Fuel Demand, Say • Many British Gas Stations are Still Dry
(DBN)

Brexiteer Nigel Farage complained he couldn’t get petrol and sympathy was in even shorter supply
(DBN)

Poll: Brexit is Going Badly
(DBN)

UK Energy Crisis: Suppliers Going Bust & What Can Customers Do?
(DBN)

London police officer gets life sentence for Sarah Everard murder in case that shook confidence in police
(DBN)

Who could guess Brexit would cause food and gas shortages? Actually, anyone.
(DBN)

U.K. Households Amass Over $220 Billion of Excess Savings
(DBN)

Deutsche Bank Cuts U.K. Growth Forecasts as Supply Woes Bite
(DBN)

____________

EU:

EU wants to extend looser state aid rules for virus-hit companies to mid-2022
(DBN)

European Countries Are at Risk of Autumn Covid Surge, ECDC Says
(DBN)

____________

Canada:

Canada court rules government must compensate Indigenous children • Canada's Indigenous children slated to receive billions in compensation after court rejects Trudeau appeal
(DBN)

____________

Singapore:

Singapore strategy of living with COVID raises concern, hope
(DBN)

____________

Japan:

Japan’s next leader sets sights on wage hikes to fuel growth
(DBN)

____________

Venezuela:

More than 75 percent of Venezuelans now living in extreme poverty
(DBN)

____________

Australia:

COVID-19 cases in Melbourne at record levels despite two months of lockdowns
(DBN)

Australia set to announce ‘no jab, no pay’ rules for health workers
(DBN)

____________

Germany:

German inflation accelerates at record pace in September
(DBN)

____________

Russia:

Russia to Raise Rates Further as Inflation at Highest Since 2016: Reuters Poll
(DBN)

____________

Mexico:

Mexico Raises Key Rate a Third Time Amid Spike in Prices
(DBN)

____________

MENA:

Senate narrowly defeats GOP amendment to curtail assistance to Afghan refugees
(DBN)

____________

China:

The End of China's Rise
(DBN)

Videos shared to China's Twitter appear to show desperate Evergrande investors confronting staff, with one woman pulling out a knife in a boardroom and threatening to kill herself
(DBN)

____________

France:

Nicholas Sarkozy Gets 1 Year in Prison
(DBN)

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