October 20, 2021

The Daily Bankruptcy News

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Law:

Top 50 Biglaw Firm Offers Associates 50 Billable Hours For Diversity & Inclusion Work
(DBN)

Yale Deeply Concerned That (People Noticed) Its Law Firm Subpoenaed Murdered Kids
(DBN)

UnitedLex, LeClairRyan founder ask judge to toss trustee's lawsuit
(DBN)

Paul Hastings chair says partner hiring game has changed: 'I've never seen it like this'
(DBN)

Lessons from 2020’s improvised new associate orientation
(DBN)

New Biglaw Ranking Alert: Presenting The Industry Pulse Top 50 Law Firms
(DBN)

Arnold & Porter ‘slipped’ discovery documents into database without notice, referee says
(DBN)

From Law Student To Lawyer To Host Of The 'Today' Show: An Interview With Savannah Guthrie
(DBN)

'Black Lawyers Matter,' And It's Time For Law Schools And Law Firms To Realize That
(DBN)

Global Rule of Law in Decline, Study Shows
(DBN)

Alex Murdaugh is denied bond on $3M theft charges • Judge Orders Alex Murdaugh Jailed, Demands Psychiatric Evaluation as Prosecutors Accuse Legal Scion of Stealing Millions • Judge Orders Alex Murdaugh Jailed, Demands Psychiatric Evaluation as Prosecutors Accuse Legal Scion of Stealing Millions
(DBN)

Koppelman: Yale Law School’s Bullying, Coercive Diversity Leaders
(DBN)

Former attorney for George Zimmerman arrested over alleged witness tampering • George Zimmerman’s lawyer charged with pressuring rape victim to change her story
(DBN)

US cities at war with their own police departments over vaccine mandates
(DBN)

Lightfoot hopes officers will not 'ruin their careers' over vaccine reporting order • Chicago police may deny benefits to officers who choose retirement over vaccine mandate
(DBN)

Andrew McCabe's settlement with the Department of Justice is a signal to John Durham
(DBN)

Murder trial in Ahmaud Arbery's killing begins with sparring over questions about race
(DBN)

Haiti gang that kidnapped 17 from missionary group seeks $1 million ransom per person says justice minister
(DBN)

GOP Congressman Indicted for Allegedly Lying About Illegal Campaign Contributions Feels 'Personally Betrayed' by FBI Agents He Let into His Home • Trump defends indicted GOP congressman
(DBN)

A man stole a Capitol Police officer's baseball cap on Jan. 6, feds say. He wore it on his YouTube channel • Army Vet Seen with 'Boogaloo' Patch on His Body Armor Pleads Not Guilty to Jan. 6 Charges • Capitol rioter who witnessed attack on Mitch McConnell's office asked to testify before Congress: report • Jan. 6 panel plans contempt vote as Trump sues over probe • Jan. 6 panel denies Bannon attempt to delay criminal referral vote • Steve Bannon rants about 'stolen' election just hours before Jan. 6 Committee votes on criminal referral • House hopes to defy history in criminal contempt case against Bannon • 'We Won't Be Delayed': Jan. 6 Committee Unanimously Votes to Advance Contempt Report Against Steve Bannon • U.S. Capitol Police Officer Pleads Not Guilty to Obstruction Charges Related to the Jan. 6 Siege • How lawmakers are investigating the Jan. 6 riot • Steve Bannon not cooperating suggests Trump may have been 'personally involved in the planning and execution' of the January 6 insurrection, Liz Cheney says
(DBN)

'Coup For Dummies' Author Finds Second Act Filing Amici Briefs For SCOTUS Recycling Bin
(DBN)

Trump suit says executive privilege can’t be waived by Biden in Capitol records fight • Trump Sues Jan. 6 Committee For Bad Law Thingy • White House: Executive privilege shouldn't shield evidence of 'effort to subvert the Constitution'
(DBN)

Deposition: Trump Admits He's Ex-President
(DBN)

Ex-Giuliani Associate Lev Parnas Kicks Off Defense Case with Testimony from Director of Pro-Trump Super PAC
(DBN)

FBI agents swarm Russian oligarch's DC home
(DBN)

‘A dangerous time’: Portland, Oregon, sees record homicides
(DBN)

District attorneys refuse to prosecute some GOP-led laws
(DBN)

Brian Laundrie's father was captured removing a yellow protest sign about his daughter from his front yard, report says • A Florida woman is suing Brian Laundrie's dad for $40. She says it's an effort to 'break their silence' around Gabby Petito's death.
(DBN)

GOP lawmaker says he expects to be indicted over FBI investigation
(DBN)

Man Enraged 'Over a Video Game' Is Sentenced to Prison for Shaking Infant to Death, Leaving Victim 'Bleeding From the Brain and Eyes'
(DBN)

Tractor-Trailer Ran Over and Killed a Motorcyclist Who Was Just Hit by a Florida Trooper
(DBN)

McDonald's Is Again Facing Hot Coffee Spill Lawsuits. One Alleges Second-Degree Burns on a Texas Woman's 'Legs, Groin and Buttocks'
(DBN)

Woman sues Kellogg's, says strawberry Pop-Tarts don't have enough berries
(DBN)

School District to Pay $25 Million to Parkland Shooting Victims
(DBN)

Man That Killed Two People By Driving A Tesla Through A House Was Going 116 MPH
(DBN)

U.S. Supreme Court justice rejects challenge to Maine COVID-19 vaccine mandate
(DBN)

Texas’s anti-abortion law is back at SCOTUS. Here’s what’s different this time around • SCOTUS considers expediting request to hear Texas abortion case, orders quick responses
(DBN)

Manslaughter conviction of 21-year-old Oklahoma woman who suffered miscarriage sparks outcry
(DBN)

Train riders held up phones as woman was raped, police say • Passengers who did not intervene in sexual assault on train could face charges: report
(DBN)

Ghislaine Maxwell Asks Judge Not to Let Prosecutors Mention 'Victims,' 'Minor Victims' or Alleged 'Rape' by Jeffrey Epstein
(DBN)

The Trump administration tried to send 250,000 troops to secure the US border with Mexico, but the Pentagon shut it down, report says
(DBN)

Migrants make increasingly dangerous journeys to enter California through the coast
(DBN)

______________

Judges:

NCBJ 2021: Awards Edition
(DBN)

Pandemic-Induced Improvements In Judicial Processes Are Here To Stay: A Report
(DBN)

Typo in 1928 Supreme Court opinion created ‘reign of error,’ law prof says
(DBN)

Amid Cloud Of Secrecy, Judge Charged With Felony And Removed From Position
(DBN)

Beyond the Gavel: Mentors for Life
(DBN)

Guthrie Grills Couric on Ginsberg Interview
(DBN)

______________

Wall Street:

Stock futures are little changed as investors digest earnings results • US stocks tread water as earnings optimism offsets concern over inflation, while bitcoin nears all-time highs after ETF launch
(DBN)

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Layoffs:

Newton plant makes layoffs official. Hundreds will be out of work by the end of the year.
(DBN)

U.S. workers face layoffs as U.S COVID-19 vaccine mandates kick in
(DBN)

Global telecom company’s layoffs in NC will leave more than 150 people without jobs
(DBN)

More than 1,800 Washington workers were fired or left their jobs over the COVID-19 mandate for state workers
(DBN)

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Maritime:

Shipping industry faces ESG heat from lenders
(DBN)

____________

Satellites:

Intelsat bankruptcy ‘Omnibus’ hearing update
(DBN)

____________

Climate:

Manchin: Carbon tax 'not on the board' for Biden spending plan • Manchin, Tester voice opposition to carbon tax • Dems scramble for climate Plan C as Manchin dashes their dreams
(DBN)

Amazon and others commit to using zero-carbon shipping fuels by 2040
(DBN)

Biden's carbon emissions-cutting pledge faces tough climb
(DBN)

Concrete: the world's 3rd largest CO2 emitter
(DBN)

Lake Tahoe waters plummet as drought, climate change plague resort
(DBN)

California Declares a Drought Emergency
(DBN)

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Sports:

Jon Gruden's Emails Were the Tip of the Iceberg
(DBN)

Vaccination requirements may keep Novak Djokovic from Australian Open
(DBN)

____________

Healthcare:

U.S. COVID-19 death toll tops 726,000 amid report FDA is set to allow mix-and-match vaccine booster shots
(DBN)

More than 40 Texas hospitals face ICU bed shortages
(DBN)

Walkouts and strikes hit hospitals in pandemic hot spots
(DBN)

Chart: COVID death risk for age groups by vaccination status
(DBN)

It's not just Americans — global COVID-Slackers will keep the pandemic alive
(DBN)

COVID-19 and pregnancy: Women regret not getting the vaccine
(DBN)

Half of nurses said they're thinking of quitting the profession within 2 years in a survey. Higher pay and better staffing could convince them to stay.
(DBN)

Couple vocally opposed to vaccine die of COVID two weeks apart
(DBN)

FDA to allow 'mix-and-match' approach on coronavirus booster vaccines
(DBN)

Conservative radio host said he constantly hugged strangers to catch covid: 'What I hoped for the entire time'
(DBN)

19 states offered million-dollar lotteries to increase COVID vaccination rates — this research says they didn't work
(DBN)

US high court won’t block vaccines for Maine health workers
(DBN)

Scientists are closely tracking a new variant spreading in the UK that could be 10% more infectious than Delta
(DBN)

Religious exemptions threaten to undermine US Covid vaccine mandates
(DBN)

If the chickenpox vaccine lasts 20 years, why not the COVID-19 shot?
(DBN)

The global coronavirus vaccine gap
(DBN)

____________


Economy:

S&P Sees Risk of Rising 2022 Defaults as ‘Key Lifelines’ Vanish
(DBN)

World Faces Fiscal Problems Much Worse Than Those From Covid, OECD Warns
(DBN)

There are millions of jobs, but a shortage of workers. Economists explain why that’s worrying
(DBN)

A worker in Florida applied to 60 entry-level jobs in September and got one interview
(DBN)

US Needs 80,000 Truck Drivers Now
(DBN)

White House has weighed tapping National Guard to address mounting supply chain backlog
(DBN)

Who got rich from 40 years of falling interest rates?
(DBN)

Fed's Bowman says U.S. labor market could struggle to return to pre-pandemic levels
(DBN)

Fed’s Waller Sees Tapering Next Month, Rate Hike ‘Some Time Off’ • Fed's Waller says high inflation through year end may need 'aggressive' response • Inflation: 'We've seen some cracks to this transitory narrative,' JPMorgan strategist explains • Fed Chair Powell’s 5 measuring sticks on inflation aren’t holding up very well • Fed Seen Well Behind as Global Race to Rate Hikes Hits Overdrive
(DBN)

Guggenheim CIO Scott Minerd: Jerome Powell no longer favorite for Fed chair job
(DBN)

Americans say they've lost confidence in the economy, but they're spending like it's happy hour
(DBN)

America isn't running out of everything just because of a supply-chain crisis. America is running out of everything because Americans are buying so much stuff • Supply chain concerns causing shoppers to stockpile gifts just in case, data shows • ‘People Are Hoarding’: Food Shortages Are The Next Supply-Chain Crunch • Panic ordering by retailers is making the supply chain crisis ‘even worse’
(DBN)

P&G to increase prices further as commodity, freight costs bite
(DBN)

UPS, Disney to meet with White House and discuss vaccine mandate
(DBN)

Union Pacific, unions sue each other over COVID-19 vaccine mandate
(DBN)

NYC to Mandate Vaccines, Eliminate Testing Option for Workforce
(DBN)

Unvaccinated L.A. city employees could get until mid-December to get their shots
(DBN)

Goldman CEO David Solomon beats 'back-to-office' drum — from LA
(DBN)

Biden to huddle with warring Democrats in hopes of reviving economic agenda • Democrats feel high anxiety in Biden spending conflict • Biden’s dilemma: Satisfying Manchin risks losing other Dems • Hoyer: Democrats 'committed' to Oct. 31 timeline for Biden's agenda • Biden bets his agenda on the inside game • Democrats struggle to sell Biden plan amid feuding • Manchin, Sanders to seek deal on Biden agenda • Dems edge closer to ditching disarray
(DBN)

Here are Washington's new deadlines for infrastructure, a government shutdown, the debt limit and more
(DBN)

IMF cuts Asia's growth forecast, warns of supply chain risks
(DBN)

Fund Managers Sour on Global Growth Expectations, BofA Says
(DBN)

Are supply chain disruptions the beginning of the end of globalization?
(DBN)

Supply Chain Issues: ‘There Really Are Problems Everywhere,’ Even For Small Companies
(DBN)

WSJ Op-Ed: The Democrats’ Tax-The-Rich Ruse
(DBN)

Happiest Places
(DBN)

New study compares the economic policies of Texas and California
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

Here's where the cost of rent is increasing the most. Hint: it's NOT New York or San Francisco
(DBN)

Foreclosures See 'Significant' Increase Now That Ban Is Lifted
(DBN)

October 2021 Emerging Housing Markets Index
(DBN)

U.S. housing starts fall; permits hit one-year low as shortages bite • U.S. Housing Starts Fell Last Month, Led by Multifamily Slowdown
(DBN)

Most Housing Units Under Construction Since 1974
(DBN)

How A $2 Million Condo In Brooklyn Ends Up With A $157 Real Estate Tax Bill
(DBN)

Affiliates of Englewood developer file for bankruptcy after $10.6M verdict
(DBN)

____________

Oil/Gas:

Borrowing Base Redeterminations Survey
(DBN)

Oil remains near multi-year highs as energy crunch continues • Oil futures on track to finish at multiyear highs as Russia's offer to boost natural-gas supplies may come with a catch
(DBN)

Speculators Laying Down $200 Oil Bets
(DBN)

Planned fossil fuel output ‘vastly exceeds’ climate limits, says UN
(DBN)

Banks Are Extending More Credit to Shale Drillers Amid Oil Rally
(DBN)

Halliburton posts Q3 profit as drilling rebounds, eyes jump in customer spending
(DBN)

Peugeot CEO says nearly 20% of European sales through August electrified
(DBN)

Automakers are spending billions to produce battery cells for EVs in the U.S.
(DBN)

'We may forsake some amount of return for future generations': Ford Foundation divesting millions from fossil fuels
(DBN)

U.S. Propane Market Headed for ‘Armageddon’ This Winter, IHS Says
(DBN)

Bankrupt gas company, pipeline firm spar over auction process
(DBN)

3 reasons Texas' economy will be just fine without oil and gas - and so will the rest of the country
(DBN)

____________

Municipalities:

Puerto Rico House Passes Bond Bill to Restructure Debt
(DBN)

____________

Utilities:

‘Why Don’t We Have Electricity?’: Outages Plague Puerto Rico
(DBN)

‘We want sun’: the battle for solar power in Puerto Rico
(DBN)

____________

Crypto:

Most Cryptocurrencies Are ‘Garbage,’ Guggenheim’s Minerd Says
(DBN)

____________

Mass Torts:

Johnson & Johnson pulls the trigger on Texas talc gambit
(DBN)

J&J Wants Talc Suits On Hold After Unit’s Bankruptcy Filing
(DBN)

Mass Exploitation
(DBN)

Boy Scout abuse survivor recounts horror for first time, says settlement is ‘massive step forward’
(DBN)

____________

Banking:

Biden’s pick to run a key bank regulator runs into Democratic resistance in the Senate
(DBN)

____________

Fertilizer:

Salt Lake Potash Declares Itself Insolvent
(DBN)

____________

Retailing:

I've worked at Ikea for 5 years, and customers have gotten so bad that I can't look at them the same anymore
(DBN)

Dollar General Staffs are Fed Up
(DBN)

This Beloved Discount Supermarket Chain Is Closing More Locations
(DBN)

Over 70% of retail sales will come from stores in the next few years: Forrester
(DBN)

Rising gas prices will take a big bite out of holiday spending
(DBN)

Hot holiday toys may not be as scarce as predicted
(DBN)

Lower-Income Americans Starting to Opt Out of Holiday Spending
(DBN)

____________

Fraud:

Theranos trial reveals investors' questionable due diligence
(DBN)

____________

Taxis:

She's a 64-Year-Old Taxi Driver Drowning in Medallion Debt—And She's Fighting Back
(DBN)

____________

Politics:

Poll: U.S. leadership approval rebounds from Trump low
(DBN)

Fiona Hill: Trump reelection would spur 'one constitutional crisis after another'
(DBN)

Biden, Trump tied in potential 2024 matchup: poll
(DBN)

Trump-backed bills on election audits, illegal voting penalties expected to die in Texas legislature
(DBN)

Bill to ban employer vaccine mandates fails in Texas legislature
(DBN)

Walmart donated to Texas Gov. Greg Abbott as he fought Biden Covid vaccine mandate
(DBN)

Trump Can’t Help Himself, Lashes Out at Colin Powell • Trump Has No Idea Who Powell Really Was • Trump criticizes media for treating Powell 'beautifully' in death • President Trump reacts to Colin Powell's death: 'But, anyway, may he rest in peace!' • Trump’s Response to Powell’s Death Lays Bare the Politics of Mourning
(DBN)

Iowa Democratic Party chair says he received multiple threats after op-ed critical of Trump
(DBN)

South Dakota lawmaker's name leaked as member of anti-government militia
(DBN)

Mayorkas tests positive for COVID-19 breakthrough case
(DBN)

Dems hit crossroads on voting rights
(DBN)

Alyssa Milano arrested at White House voting rights protest
(DBN)

Why Democratic Gains In Texas’s Big Metro Areas Could Outweigh Republican Success In South Texas
(DBN)

Fox News anchor Neil Cavuto tests positive for Covid-19
(DBN)

____________

 
New Bankruptcy Opinions
(9 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 (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)

______________

Bankruptcy Statistics:

Researchers teach AI to predict bankruptcy
(DBN)

______________

Bonuses:

Bankruptcy bonuses for top executives are in trouble, if this congresswoman gets her way
(DBN)

____________

Discharge:

Bankruptcy/CERCLA(Superfund): Federal Court Addresses Whether Chapter 11 Discharge Nullifies Contribution Action
(DBN)

____________

Automatic Stay:

Sanctions Imposed for Failure to Adequately Investigate in Stay Violation Proceedings
(DBN)

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Venue:

Cause for reform: The Bankruptcy Venue Reform Act of 2021
(DBN)

____________

Aviation:

American Airlines flight attendants union tells employees they won't be fired if they refuse to get vaccinated by the airline's deadline
(DBN)

Southwest drops plan to put unvaccinated staff on unpaid leave starting in December
(DBN)

Airplane passenger uses microphone to rant about pandemic midflight
(DBN)

German cheap flight hub Frankfurt Hahn files for insolvency
(DBN)

New U.S. Travel Rules Bar Foreign Covid Survivors With One Shot
(DBN)

Judge approves a new financing of 750 million dollars for Latam
(DBN)

Bankruptcy looms for Garuda, international routes no longer feasible
(DBN)

TX: Plane Crashes. Burns with 21 on Board. All Survive
(DBN)

Lufthansa, easyJet win EU court backing to buy Air Berlin assets
(DBN)

____________

Corporate Governance:

Black Americans, women make big strides on top U.S. corporate boards -report
(DBN)

____________

Personal Bankruptcy:

Senior Savings: When Retirees Should Consider Bankruptcy
(DBN)

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Finance:

Unqualified "Cares" Act Funds Can't Be Used To Pay Creditors
(DBN)

____________

Tax:

Democrats to scale back Treasury’s IRS bank reporting plan amid GOP uproar • Yellen says Democrats raise proposed IRS bank reporting threshold to $10,000
(DBN)

____________

Cruise Lines:

Carnival to Sell $1.5 Billion Junk Bond as Cruises Return to Water
(DBN)

____________

Student Debt:

New student-loan forgiveness guidelines explained: a step-by-step guide to taking advantage of the PSLF waiver
(DBN)

Is Student Loan Forgiveness Tax-Free?
(DBN)

Boomers Face Higher Student-Loan Bills When U.S. Moratorium Ends
(DBN)

Student Loan Forgiveness Will Never Happen If This Continues To Be The Best Strategy
(DBN)

____________

Pharma:

In secret vaccine contracts with governments, Pfizer took hard line in push for profit, report says
(DBN)

____________

Food/Beverage:

A Florida restaurant chain says staff got bigger tips after it hired a $1,000-a-month robot to carry plates
(DBN)

A shortage of glass bottles means wine is sitting in barrels for longer, leading it to taste 'like a sawmill'
(DBN)

Creditors Accuse Old Country Buffet’s Former Owners of Misusing PPP Funds
(DBN)

A Chicago pizzeria had to temporarily close because of the labor shortage. Its owner said it was the first time it's happened - and it cost him $5,000.
(DBN)

____________

Autos:

U.K. Used Cars Are Getting More Expensive Than New Equivalents
(DBN)

____________

Labor:

John Deere strikers want to reclaim labor’s lost bargaining power
(DBN)

Texas refinery workers overwhelmingly reject Exxon contract offer
(DBN)

____________

Education:

Democrats Agree to Drop Community College From Biden Plan
(DBN)

'U Can't Just Ghost Me, Be a Good Boy': Ex-Substitute Teacher Admits to Child Porn Charges in Years-Long s Scheme Targeting Students He Knew
(DBN)

____________

Sovereigns:

U.S. says Credit Suisse to pay $475 mln to resolve Mozambican scandal charges
(DBN)

____________

UK:

Covid Surges in U.K. Schools After Lag in Shots for Children • U.K. Expands Vaccine Access for Children After Surge in Schools
(DBN)

UK doctors call for urgent return of Covid restrictions as experts monitor new mutation
(DBN)

U.K. Rules Out Another Lockdown Even With Cases on the Rise
(DBN)

As U.K. Covid Cases Surge, Israel Offers a Lesson in Boosters
(DBN)

U.K.’s Boris Johnson Predicts Difficult Winter as Covid Deaths Rise
(DBN)

Food price rises are terrifying, warns industry
(DBN)

Energy price cap not working, says power boss
(DBN)

Amazon is offering $4,000 bonuses to lure UK workers as Britain faces labor crunch
(DBN)

UK inflation unexpectedly cools in September - but analysts say it's the 'lull before the storm'
(DBN)


____________

Canada:

Rising cost of living, burden of COVID-19 forcing Canadians further into debt: survey
(DBN)

____________

China:

Key Evergrande deal to sell stake in unit put on hold - sources
(DBN)

China's plunging construction starts reminiscent of 2015 downturn
(DBN)

Chinese companies default amid rising debt bubble
(DBN)

Evergrande creditors’ rights protected
(DBN)

HNA creditors rebel against Chinese conglomerate’s restructuring plan
(DBN)

____________

Netherlands:

Port of Rotterdam freight volumes rise 15% as economy recovers
(DBN)

____________

India:

India's floods force couple to sail to their wedding in a giant cooking pot
(DBN)

____________

Norway:

Norway bow-and-arrow attacker killed five people with 'stabbing weapon,' police say
(DBN)

____________

MENA:

The Taliban's new challenge: Enforcing the law
(DBN)

____________

Russia:

Russia Plans New Stay-at-Home Measures as Covid Cases Surge
(DBN)

____________

New Zealand:

New Zealand Covid cases hit record despite vaccination push
(DBN)

____________

South Korea:

Edison Motors likely preferred bidder for troubled SsangYong Motor
(DBN)

____________

Luxembourg:

Burning all bridges – a bridge too far: COMI and Real Seat of a Luxembourg Company
(DBN)

____________

Chile:

Restructuring, Insolvency and Bankruptcy Newsletter Chile – September/October 2021
(DBN)

____________

Singapore:

Singapore’s Record Cases Sparks Warning of Strain on Hospitals
(DBN)

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