March 15, 2022

The Daily Bankruptcy News

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Law:

Law firms scramble to keep pace with unprecedented Russian sanctions
(DBN)

Dentons to spin out 250-strong Russian arm into independent firm
(DBN)

Hogan Lovells latest to announce Moscow office closure as five more US firms reveal Russia withdrawal plans
(DBN)

These Biglaw Associates Are Rolling In The Green
(DBN)

It's Time For Associates To Earn More Money At This Top 50 Biglaw Firm
(DBN)

Former Weil, Proskauer Partners Helped Save Baseball Season
(DBN)

Shearman & Sterling posts 'stellar' 58% jump in PEP as revenue grows 18% to hit $1bn
(DBN)

Jenner & Block Blasts Law Firms Advising Russia's Sberbank
(DBN)

Former BigLaw Partner Who Left $800k Salary For $32k College Basketball Job Is Headed To The Big Dance As Head Coach Of Upstart Longwood Lancers
(DBN)

Pashman Stein Launches Bankruptcy Practice With Big Law Alum Seeking 'Different Product Offering'
(DBN)

Modern Challenges For The Modern Lawyer
(DBN)

Four Days Before Pre-Release Of New U.S. News Grad School Rankings, Former Temple Dean Sentenced To 14 Months In Federal Prison For Rankings Fraud
(DBN)

Former Vinson & Elkins Lawyer Leads Team To March Madness Showdown Against Tennessee
(DBN)

Where in the world will US law firms want to be in 2022?
(DBN)

Disgraced Former Attorney General Arrested. Again.
(DBN)

Texas Ban on Soliciting Others' Clients Beats Lawyer's Appeal
(DBN)

The Essay That Prompted An Editorial Revolt At Duke Law School
(DBN)

Florida's Lt Gov Is Very Confused About The First Amendment. Just Like Her Boss.
(DBN)

Document in Jan. 6 Case Shows Plan to Storm Government Buildings Lawyer is accused of climbing down wall, entering Capitol during Jan. 6 riot Federal Judge Approves of Split Sentences in Jan. 6 Misdemeanor Cases 'Some Term of Imprisonment Is Essential': Judge Sentences N.C. Man Who Fist-Bumped Rioters, Texted Family Inside Capitol on Jan. 6 She Lost Job, Husband and Wants Leniency
(DBN)

Trump Accused of Campaign Finance Violation
(DBN)

Merrick Garland's goal is to restore the integrity of the Justice Department. His legacy will still be defined by Trump.
(DBN)

Feds Charge Russian Oligarch at Center of Campaign Finance Scheme Involving Ex-Rudy Giuliani Associates Lev Parnas and Igor Fruman
(DBN)

Florida Judge Sides with Bob Saget's Family, Permanently Blocks Authorities from Turning Over Photos and Body Cam Videos to Media
(DBN)

Senate Democrats 'deeply disappointed' in Biden administration's decision to keep Trump-era rule
(DBN)

Texas judge blocks investigations of parents of transgender kids throughout the state
(DBN)

Georgia state House passes bill allowing people to carry gun without license Alabama joins Georgia, 20 other states in getting rid of concealed carry permits
(DBN)

Man Caught on Video at Florida Starbucks, Ignoring Audible Disgust of Witnesses
(DBN)

Pennsylvania Man Pleads Guilty After Genetic Genealogy Identifies Him
(DBN)

'Battered' Nebraska Wife Found Not Guilty of Murder in Fatal Shooting After She Testifies Husband Abused Her
(DBN)

Delaware Woman Carjacked Vehicle, Fatally Struck Man, Crashed Head-On Into Maserati, Then Carjacked Good Samaritan: Police
(DBN)

Man Punched 67-Year-Old Asian Woman 125 Times in Hate Crime Attempted Murder: Police
(DBN)

Leon Black, Ex-Mistress Pretty Sure These Tawdry Lawsuits Are Going The Full 12 Rounds
(DBN)

Idaho legislature approves bill banning abortion after six weeks, modeling its legislation on restrictive Texas law
(DBN)

Secret Service report details incel threat
(DBN)

'Fentanyl in everything': New hospitalizations days after Spring Breakers overdosed
(DBN)

______________

Judges:

Local attorney becomes federal bankruptcy judge
(DBN)

GOP raises red flag on Supreme Court nominee's Guantánamo work
(DBN)

Jackson should tell the Senate she's pro-cameras, but she won't
(DBN)

GOP White House hopefuls get Supreme Court spotlight
(DBN)

Ginni Thomas says she attended Jan. 6 rally but left before riot Ginni Thomas, Wife of Longtime Justice Clarence Thomas, Acknowledges Attendance at Trump Rally Before Jan. 6 Turned Violent
(DBN)

Justice Thomas warns against court packing, cancel culture and incivility
(DBN)

I Am Clarence Thomas's Complete Lack Of Irony
(DBN)

May jurors see 3D defense reenactment of alleged crime? Judge appears reluctant to allow it
(DBN)

______________

Wall Street:

S&P 500 futures are little changed in early volatile trading as oil prices slide further below $100
(DBN)

Russia's stock market to close for a 3rd week, while the clock ticks down to a key debt payment deadline
(DBN)

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Education:

MS: Kids Limited in Discussing Race in School
(DBN)

____________

Climate:

House Democrats press Biden to revive climate talks
(DBN)

Shareholders at four U.S. oil companies to vote on climate proposals
(DBN)

____________

Tech:

Russians' demand for VPNs skyrockets after Meta block
(DBN)

Russia bans Instagram
(DBN)

____________

Fraud:

Ernst & Young Faces German Civil Mass Trial Over Wirecard
(DBN)

____________

Transit:

Lyft joins Uber in charging customers extra for fuel amid high gas prices
(DBN)

____________

Retailing:

Amazon, Walmart Online Orders Likely Delayed by China Lockdowns
(DBN)

____________

Politics:

Politico demands Hawley stop using Jan. 6 photo on campaign mug
(DBN)

How GOP hopefuls navigate a maze of secretive challenges to prove their loyalty and win a Trump endorsement
(DBN)

Multiple House Democrats get COVID after retreat
(DBN)

Trump Offers to Help Russia File for Bankruptcy :)
(DBN)

'People's Convoy' drives through D.C. after permit for organized demonstration downtown partially denied
(DBN)

Top Maryland Democratic Party official resigns after questioning electability of Black candidates
(DBN)

Biden finds hands tied on Ukraine
(DBN)

Trump: I am not using campaign funds for new plane
(DBN)

____________


Economy:

Federal Reserve likely to raise interest rates this week What the Fed's expected rate hike means for you Here's everything the Fed is expected to do at its meeting this week
(DBN)

Fed Seeks Economic Soft Landing, Rarely Seen in Wild
(DBN)

With war in Ukraine, Fed's game plan for rate hikes faces new challenges
(DBN)

Inflation Costing Your Family $300 a Month
(DBN)

Fed nominee Raskin loses key Democrat, White House sticks with her Manchin says he can't support Biden's Fed nominee Sarah Bloom Raskin White House working to line up bipartisan support for Fed nominee Raskin
(DBN)

Mohamed El-Erian warns Putin's war could drive US inflation above 10% — and suggests the Fed isn't equipped to tackle the problem well enough
(DBN)

Inflation expectations keep rising
(DBN)

U.S. consumers lift inflation, spending expectations, NY Fed survey finds
(DBN)

If you're not making $14.50 an hour, you probably can't afford to live in any US county
(DBN)

Six High Frequency Indicators for the Economy
(DBN)

Other retirees could take Tom Brady's cue and return to the workforce
(DBN)

Why US Frontline Workers Are Quitting
(DBN)

US Economy Flashing Warning Signs
(DBN)

Income inequality across racial groups and the Gini ratio
(DBN)

Rising share of Americans see women raising children on their own, cohabitation as bad for society
(DBN)

Jobless Rate Fell in Most States in January, 10 at Record Low
(DBN)

War in Ukraine disrupts key supply chains - and lives
(DBN)

Over 300 companies have exited Russia since invasion Credit Suisse CEO Says No Decision Taken Yet on Russia Citi faces $1.5BN of charges in Russia exit, analyst says Factbox-Stranded Assets: How Many Billions Are Stuck in Russia? Deutsche Bank shares up 8% after U-turn to wind down Russia operations Goldman Sachs CEO: Isolating Russia is "not our job" Russia's efforts to salvage economy could have devastating impacts An exiled Russian oligarch says blocking all Putin's bankers and sanctioning all oligarchs is the 'only thing' that will stop Russia's invasion of Ukraine Squatters occupy London mansion thought to belong to sanctioned Russian oligarch Roman Abramovich's $65 million private jet reportedly flew from Moscow to Israel, after his assets were frozen by UK sanctions Chelsea FC's financial future is a mess after sanctions against Russian owner Roman Abramovich, with fears the club won't afford to travel to games Russia threatens to pay foreign debts in rubles following sanctions Pfizer halts Russian clinical trials, will donate profits from Russia business Pfizer, Bayer to maintain drug supply to Russia U.S. options remain toward Russia, including full trade embargo Seized or sailing away: What we know about oligarchs and their assets EU approves new round of Russia sanctions targeting energy, steel, defense sectors Israel is trying to keep out Russian oligarchs fleeing sanctions - but some have already arrived Where Banks Have Most Outstanding Debt from Russia McDonald's closure feeds Russian resale market with a Big Mac on sale for $44 IRS probe targets oligarchs to ID sanctioned properties U.K. Bans Export of Luxury Goods to Russia, Imposes New Tariffs Maersk Chairman Sees Russia's Economy Suffering for Many Years Russia's VK Seeks Debt Negotiations as Bond Redemption Looms
(DBN)

Oligarch who founded Russia's largest fertilizer and coal companies warns the world faces food crisis without an end to the conflict in Ukraine
(DBN)

Russia may suspend grain exports until Jun 30: Interfax
(DBN)

JPMorgan to resume hiring unvaccinated individuals, drop mask mandate -memo
(DBN)

Biden administration announces $409 million for transportation projects in 39 states
(DBN)

Workers face ditching slobbish 'goblin mode' as they return to office
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

"Mortgage Rates Explode Higher"
(DBN)

Housing Inventory May Have Bottomed Seasonally
(DBN)

All Year reaches deal with Rubin Schron for massive Brooklyn portfolio
(DBN)

Chaskiel Strulovitch's Brooklyn bankruptcy saga nears end with auction
(DBN)

Hold the housewarming on The One
(DBN)

This Is America's Hottest Real Estate Market
(DBN)

WeWork Won't Work
(DBN)

____________

Municipalities:

Puerto Rico exits bankruptcy after grueling debt negotiation
(DBN)

Mammoth Energy Statement On Puerto Rico Bankruptcy Developments
(DBN)

Puerto Rico bankruptcy nears end on eve of $22 billion debt swap
(DBN)

Puerto Rico's debt restructuring a boon for high-yield
(DBN)

Record revenues pour into states
(DBN)

Oldest US Latino civil rights group backs Puerto Rico statehood
(DBN)

From Beer to Semiconductors, War Will Hit U.S. State Economies
(DBN)

____________

Oil/Gas:

The truth about gas prices and oil production
(DBN)

Brent Oil Falls Below $100 With Retreat Gathering Momentum
(DBN)

As West shuns Moscow, officials say India eyes more cheap Russian oil
(DBN)

Russian Oil Sales Going Underground as Cheap Crude Tempts Buyers
(DBN)

Russian Oil May Be Parked Off Singapore in Wait for Buyers
(DBN)

Oil falls over 5% on Russia-Ukraine talk hopes, China lockdowns
(DBN)

Europe Could Plunge Into Recession If Russia Cuts Its Gas Supply
(DBN)

____________

Autos:

Auto Sales Set to Recover in 2022
(DBN)

Ukraine Plant Shutdowns Put 15% of Europe Car Output at Risk
(DBN)

Tesla Raises Prices Across Lineup; Cheapest Model Is Now $46,990
(DBN)

____________

Rail:

US Railroad Workers Pushed to the Brink
(DBN)

____________

Healthcare:

COVID spike in Europe could signal increase in U.S.
(DBN)

Covid cases are rising as omicron's 'stealth' subvariant spreads around the world
(DBN)

Germany Raises Alarm as Covid Infections Surge to Record
(DBN)

'Deltacron' is hybrid of Delta and Omicron variants. How afraid should California be?
(DBN)

Sewer data warns of new bump in COVID cases after lull
(DBN)

Envision Healthcare Hits the Skids
(DBN)

Vaccine maker stocks rise as China battles worst Covid outbreak since 2020
(DBN)

2016 lawsuit alleging bogus claims by now-defunct La Jolla stem cell clinic is settled for $3.65 million
(DBN)

U.S. Capitol complex takes steps toward phased reopening after coronavirus shutdown
(DBN)

Millions of vulnerable Americans likely to fall off Medicaid once the federal public health emergency ends
(DBN)

Costs of pregnancy, birth put many U.S. families at 'financial risk'
(DBN)

____________

 


New Bankruptcy Opinions
(5 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

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

Recent Ch. 11 Adversary Proceeding Filings (9 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)

Proofs of Claim:

Fifth Circuit Opinion Illustrates Risks of Class Proofs of Claim
(DBN)

____________

Avoidance Actions:

The "Catch-22" of Preference Law
(DBN)

Preference Proofing a Settlement Agreement
(DBN)

____________

Mediation:

Mediation and Insolvency, with a focus on developing countries
(DBN)

____________

Miscellaneous:

MoFo: 2021 Business Restructuring + Insolvency Annual Review
(DBN)

____________

Aviation:

Bermuda suspended all Russian jets on the island — but flight trackers show some delisted planes are still flying anyway
(DBN)

Russian law creates new hurdle for foreign plane lessors
(DBN)

Putin signs law allowing foreign aircraft to be re-registered as Russian
(DBN)

____________

Cruise Lines:

CDC lowers coronavirus warnings for cruise ships and popular Caribbean islands
(DBN)

____________

Sovereigns:

As Russia nears a debt default, talk now turns to global contagion
(DBN)

Should Investors Who Care About ESG Buy Russian Sovereign Bonds?
(DBN)

Russia to restructure Belarus loans
(DBN)

Sri Lanka to start formal talks with IMF as protests grow
(DBN)

Ukraine War Adds to Tunisia's Economic Woes as It Seeks IMF Help
(DBN)

____________

UK:

Business Recovery: What Should UK Directors Be Thinking About Now?
(DBN)

Activists stormed a Russian oligarch's mansion in London and unfurled a sign saying the property had been 'liberated'
(DBN)

U.K. Supreme Court denies Assange permission to appeal extradition
(DBN)

Police checks to be carried out on people offering to take in Ukrainian refugees in Britain
(DBN)

Visualizing 1,000 Years of England's Kings and Queens
(DBN)

U.K. Unemployment Drops Below Pre-Pandemic Level for First Time
(DBN)

____________

EU:

EU to tighten sanctions on Russian oil companies, but stops short of import ban - source
(DBN)

RWE Supports German Plan to Reduce Russian Energy Dependency
(DBN)

Russian gas will continue to flow through Ukraine to Europe - Ukraine's Naftogaz
(DBN)

German oil lobby says imports from Russia being reduced
(DBN)

Europe's Credit Sales Suffer March Misery With Record Collapse
(DBN)

____________

Russia:

Russian cenbank is expected to hold key rate at 20% on Friday - Reuters poll
(DBN)

Putin's invasion of Ukraine will knock 30 years of progress off the Russian economy
(DBN)

UN: Over 2.8 million Ukrainian refugees have fled since Russian invasion began Mapped: Where Ukrainian refugees are fleeing to Zelensky to virtually address Congress this week The climate spillover of Russia's war The humanitarian crisis unfolding in Ukraine's cities Russian National Guard head says Ukraine invasion has been slowed If Putin uses chemical weapons in Ukraine it's a 'game changer' for NATO The dangerous new phase of Russia's war in Ukraine, explained Lawmakers fear Ukraine could spiral into US-Russian war Biden's CIA head leads the charge against Putin's information war Why the US scrapped Polish plans to give Ukraine fighter jets Fighting near Kyiv intensifies as Ukraine and Russia hold talks Here Are Three Reasons Putin Might Fight On Kyiv under attack as European leaders announce visit to besieged capital How Kyiv's outgunned defenders have kept Russian forces from capturing the capital Kyiv residents on edge after strikes devastate civilian homes Kyiv announces 35-hour curfew after missile strikes on residential buildings Russians 'could buckle in 10 DAYS' as Ukraine claims to have killed 13,500 troops and destroyed hundreds of tanks & jets Child becoming refugee every second in Ukraine war Warehouse Bombed, Tractors Stolen as Russia Strikes Ukraine Food
(DBN)

Mapped: All the World's Military Personnel
(DBN)

The World's Biggest Arms Exporters
(DBN)

Brits offered £350 a month to house Ukraine refugees
(DBN)

Fewer Americans see Russia favorably than ever before: poll
(DBN)

UN secretary-general: Nuclear war is 'back within the realm of possibility'
(DBN)

Soros: Putin and the Risk of WWIII
(DBN)

German WWII ghosts loom large in Ukraine crisis
(DBN)

Russian Media Loves Tucker Carlson
(DBN)

Young Texan Was the Face of Putin TV
(DBN)

Employee bursts onto live Russian state TV to denounce war: 'They are lying to you here' The antiwar protester who crashed a Russian TV broadcast can't be found, her lawyers say
(DBN)

NATO Amasses 50,000 Troops, Warships
(DBN)

____________

China:

Report: U.S. tells allies China may be open to giving Russia military support US: China Willing to Support Putin's War U.S. warns China not to assist Russia How plausible is Chinese military aid for Russia?
(DBN)

Future Winner of Ukraine War: China
(DBN)

China Puts 61 Million in Lockdown Over New Covid Wave
(DBN)

US holds 'intense' 7-hour talks with China amid Russia's war in Ukraine
(DBN)

Chinese stocks continue to melt down as spike in COVID-19 cases spurs new lockdowns and threatens global supply chain
(DBN)

China's COVID curbs hit Toyota, Volkswagen and Apple supplier Foxconn
(DBN)

China Developer Shares Tumble Most Since 2008: Evergrande Update
(DBN)

____________

Brazil:

Brazil government readies $32 billion of economic stimulus -sources
(DBN)

____________

Hong Kong:

Hong Kong business leaders warn of mass closures, bankruptcy as city's universal testing plan remains uncertain Nearly Half of Hong Kong's Population Has Already Caught Covid
(DBN)

____________

India:

No Insolvency Can Be Initiated Under The Code Against Personal Guarantor Of NBFC, Until It Falls Within The Threshold Of Having Asset Size INR Five Billion
(DBN)

NCLT Can Issue A Non-bailable Warrant For Enforcing Attendance Of A Person
(DBN)

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