March 22, 2022

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:

It's Time For Yet Another Raise At This Biglaw Firm
(DBN)

Spring Has Sprung, And So Has The Cash Compensation At This Top 50 Biglaw Firm
(DBN)

Weil Picks Up Paul Weiss Restructuring Lawyer Saferstein in N.Y. Weil Adds Restructuring Partner Jeffrey D. Saferstein in New York
(DBN)

Biglaw Firm Getting Dragged For Representing Alex Jones
(DBN)

Banning Law School Protests To Protect Free Speech Marks New Orwellian Heights
(DBN)

Columbia Law School Embroiled In Short Sales Kerfuffle
(DBN)

Top state court grants reprieve to lawyer who flubbed electronic filing in 2020 after his secretary quit
(DBN)

Capitol riot trial opens for Cowboys for Trump founder Republican elected official, Trump grass-roots leader facing Jan. 6 trial by judge, not jury Mark Meadows Helped Plan Jan. 6 March to the Capitol, Witness Told Congress
(DBN)

Gunfire interrupts vigil for shooting victims in Alabama
(DBN)

Accused leader of plot to kidnap Michigan Gov. Gretchen Whitmer texted: "When's the lynching?"
(DBN)

Man Sentenced to 25 Years in Prison for Murdering Father Who Gave Ultimatum to Get a Job or Move Out
(DBN)

Good Samaritan Was Protecting Himself and Wife When He Fatally Shot Man They Saved from Drowning: Authorities
(DBN)

Gunfire 'Swept Across a Crowd' at Arkansas Car Show, Killing 1 and Injuring At Least 24: Police
(DBN)

Ukraine War Refugees Find a Visa Nightmare Blocking Their Path to the U.S.
(DBN)

Supreme Court declines to hear discrimination case involving Christian legal group
(DBN)

Justice Alito Makes Statement in Discrimination Case of Bisexual Lawyer, Suggests Attorneys Can Be Religious 'Messengers'
(DBN)

State-level Republicans are going all in on extreme anti-trans, anti-abortion laws
(DBN)

Missouri ramps up the fight against abortion access
(DBN)

Justices Give Little Away as They Consider Whether GOP Legislators Can Defend North Carolina Voter ID Law Alongside Democratic AG
(DBN)

Texas's strict new abortion law has eluded multiple court challenges. Abortion rights advocates think they have a new path to get it blocked.
(DBN)

______________

Judges:

Southern District of Texas Conducts Spring Cleaning of Noticing
(DBN)

Poll: More than half of Americans support Jackson confirmation As Jackson's Supreme Court nomination hearing kicks off, senators spar over 'new game' in hearings Republicans are attacking Judge Jackson for defending poor people's rights Why Ketanji Brown Jackson's time as a public defender matters Hearing opens for Jackson with pointed comments from GOP Brown Jackson's Business Rulings May Stem Pro-Labor Criticism Republicans search for a unified message to oppose Jackson What to Know About Supreme Court Nominee Ketanji Brown Jackson 'McCarthyism on steroids': Josh Hawley scorched for 'QAnon-style' attack on Ketanji Brown Jackson Hawley says he wants answers on SCOTUS nominee Jackson's below-guidelines sentences Jackson Set to Make History as Supreme Court Confirmation Starts 'You Need to Ask Her': Lindsey Graham Caters to Josh Hawley's QAnon-style Narrative Against SCOTUS Nominee Jackson's hearings could produce fireworks. These are the topics that'll likely cause sparks. Jackson Gets Her Moment as Supreme Court Hearing Opens After Weeks of Buildup Black women rally behind Jackson At Harvard, a Confederate Flag Spurred Ketanji Brown Jackson to Act Jackson pledges to decide cases 'without fear or favor' Jackson Promises 'Neutral Posture' as Approach to Deciding Cases 'You Can Be The First': Ketanji Brown Jackson's Historic Confirmation Hearing Ketanji Brown Jackson hearings won't be a 'spectacle' like the Kavanaugh hearings, Sen. Grassley says Ketanji Brown Jackson recognizes "historic" moment
(DBN)

Justice Thomas misses oral arguments due to illness What we know about Justice Clarence Thomas' hospitalization Justice Thomas is hospitalized with an infection; spokeswoman says he doesn't have COVID
(DBN)

Westchester County judge criticized for failure to disclose $50K loan to associate
(DBN)

______________

Wall Street:

 

 

KKR Says Investors Will Need to Take More Risk to See Returns
(DBN)

Wall Street refocuses on risk as stocks dip, oil climbs
(DBN)

______________

Layoffs:

P&O Firings Spark U.K. Protests Over Alleged $2.38 Wages
(DBN)

______________

Agribusiness:

Wheat prices soar on Ukraine fears, but U.S. growers can't cash in
(DBN)

____________

Crypto:

Global Regulators Monitor Crypto Use in Ukraine War
(DBN)

____________

Coal:

Coal Buyers in India Are Paying 300% Premiums to Secure Fuel
(DBN)

____________

Autos:

How a New Jeep Factory In Detroit Turned Into a Civil Rights Fight
(DBN)

____________

Mass Torts:

The Sacklers Get to Walk Away
(DBN)

____________

Healthcare:

FDA Advisers to Consider Extra Covid Boosters as Masks Come Off
(DBN)

Fauci says US unlikely to see surge from new COVID-19 variant
(DBN)

How the next pandemic surge will be different
(DBN)

Doctors finding hurdles to using pills to treat COVID-19
(DBN)

A quarter of parents say their child has seen a mental health specialist during pandemic: poll
(DBN)

New NYC health commissioner: Kids under 5 still have to wear masks
(DBN)

____________


Economy:

Six High Frequency Indicators for the Economy
(DBN)

Fed's Bostic sees 6 rate hikes this year, war risks Fed's Bostic Favors Six Rate Hikes in 2022, Fewer Than Colleagues
(DBN)

Fed's Powell: Faster rate increases are in play Fed Chair Powell says a more rapid removal of economic support is possible Powell says Fed will hike further and faster if necessary Powell says 'inflation is much too high' and the Fed will address
(DBN)

Wall Street falls after Powell vows 'aggressive' inflation action
(DBN)

Summers Says Fed Policy Is 'Triumph of Hope Over Experience'
(DBN)

For Fed's Powell, 2019 remains the touchstone for a post-pandemic economy
(DBN)

Top economist Mohamed El-Erian says sell risk assets now and warns 'a policy mistake is coming'
(DBN)

Sky-high shipping costs could keep prices surging until mid-2023
(DBN)

Oil, food industry executives invited to White House -sources
(DBN)

Russian Cash in Swiss Banks Back in Focus After Zelenskiy Speech White House believes Russia is seeing a big drop in oil sales, imperiling key source of funding SEB Bank Says Not Viable to Maintain Operations in Russia U.K. Prepares to Temporarily Nationalize Gazprom M&T Retail Unit Energy Trader Gunvor Halts New Business in Russia Australian alumina ban to disrupt Rusal aluminium output EU Ban on Russian Oil 'Would Hit Everyone,' Kremlin Says Just a Few Major Energy Firms Still Trade With Gazprom Arm Nestle Says Not Profiting in Russia Amid Intensifying Criticism Russia Sees Oil Sales Continuing Thanks to Discount, Interfax Reports Russian Shoppers Are Literally Fighting Each Other for Sugar What is an oligarch, really? Koch Industries' campaign donations questioned after company's decision to remain in Russia
(DBN)

Corporate America Loves the Rooney Rule. But Does It Work?
(DBN)

As America returns to work, child care remains a serious obstacle Parents could earn $48 billion more if Congress helped with childcare so they could go back to work
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

Housing Inventory March 21st Update: Inventory down slightly Week-over-week; Up 3% from 2 weeks Ago
(DBN)

There still aren't enough houses
(DBN)

San Francisco Rents Barely Changed During Covid Housing Boom
(DBN)

Manhattan Skyscraper to Be Fully Powered by Renewable Energy
(DBN)

The sale of L.A.'s biggest mansion to Fashion Nova owner is approved
(DBN)

____________

Oil/Gas:

Oil is likely to remain expensive as world deals with supply shortages
(DBN)

Wells Fargo's $28 Billion Oil Lenders Are Ready for This Boom
(DBN)

Canada to Sell Green Bond as Push to Exit Oil Rises Amid War
(DBN)

VW to invest $7.1 billion, add 25 new electric vehicles in North America
(DBN)

Major Intergovernmental Organization Releases 10-Point Plan to Conserve Oil. The US Isn't Doing Any of It.
(DBN)

____________

Tech:

Meta labeled 'extremist organization' by Russian court
(DBN)

____________

Celebs:

Boris Becker accused of hiding tennis trophies during trial Boris Becker trial: Tennis player 'acted dishonestly', court told
(DBN)

____________

Utilities:

Subsidiary of Bankrupt Texas Power Co-op Brazos Files for Chapter 7
(DBN)

____________

Bankruptcy Crimes:

Florida woman sentenced for bankruptcy fraud
(DBN)

____________

Climate:

SEC proposes first climate disclosure rules for public companies SEC climate rule would boost Biden agenda
(DBN)

As it enters a third year, California's drought is strangling the farming industry
(DBN)

UN Says Ukraine War Risks Climate Doom If Fossil Fuels Revived
(DBN)

Kuwait, among world's hottest places, lags on climate action
(DBN)

____________

Politics:

Daylight saving change faces trouble in House
(DBN)

Pence distances himself from Trump as he eyes 2024 campaign
(DBN)

Trump 'Dead Wrong' on 2020 Election, Says Chris Christie in Focused Attack
(DBN)

Activists face an avalanche of anti-transgender bills
(DBN)

____________

 


New Bankruptcy Opinions
(7 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 (12 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 Statistics:

Pandemic hasn't bankrupted Nevadans as significantly as the Great Recession, so far
(DBN)

______________

Bankruptcy Research:

The Importance of Being Bound: Bondholders' Vote and Workouts in the U.S. and in Italy
(DBN)

____________

Avoidance Actions:

Gone, But Not Forgotten: Tribune Over but Leaves Impact on Fraudulent Transfer Claims
(DBN)

____________

Aviation:

Boeing stock drops after 737-800 crashes in China with 132 on board Boeing, Suppliers' Shares Fall After 737 Plane Crashes In Southern China Plane Crash Is China's First Commercial Air Disaster in a Decade 737 Model in China Crash Has Strong Safety Record, Isn't the Max China Eastern is grounding all of its Boeing 737-800 passenger flights after plane crashed with 132 people on board
(DBN)

Ryanair to reach net zero via sustainable fuel, offsetting measures
(DBN)

____________

Sovereigns:

Russia faces a raft of external debt payments
(DBN)

Russian default fears send bond yields to record high despite recent payment as trading resumes
(DBN)

Investors on Russia Watch as Another Debt Payment Comes Due
(DBN)

Sri Lanka govt panel says international financial assistance needed
(DBN)

____________

UK:

Police Interview 'Key Witnesses' Over Downing Street Parties
(DBN)

____________

EU:

Europe split on how to spare consumers energy price pain
(DBN)

Oil prices up more than $6 as EU considers Russian oil ban
(DBN)

Russia Shows No Sign of Boosting Gas Flows to Europe in April
(DBN)

Hedge Fund Star Floats Idea for Squeezing Russian Oil Cash
(DBN)

European Steel Prices Hit New Record on Prospect of Russian Ban
(DBN)

Why Biden can't help Europe rid itself of Russian gas
(DBN)

Expect ECB, Fed to be out of sync: ECB's Lagarde
(DBN)

Traders Are Back to Betting ECB Will Hike Rates to Zero in 2022
(DBN)

____________

Myanmar:

U.S. declares Myanmar's military committed genocide against Rohingya Why America Just Said Myanmar Carried Out a Genocide
(DBN)

____________

Russia:

Russian strike levels Kyiv shopping center, killing 8 They thought they would be safe in the theater. Then it was bombed 20 days in Mariupol: The team that documented city's agony Ukraine rejects Russian demand for surrender in Mariupol 'Bombs are falling every 10 minutes' in Mariupol Ukrainian refugees speak of bombs, half-empty cities, hunger Top EU diplomat accuses Russia of 'massive war crime' in Mariupol assault They were covering the Russian attack on Mariupol, then these journalists became the hunted In an exclusive interview, a top State Department spokesperson says Russia knows the invasion of Ukraine is going poorly: 'Putin is all too aware of the fact that his soldiers are coming home in body bags' Kremlin rules out further peace talks until Zelensky does his 'homework' Ukrainian refugees are flooding into Warsaw. Its mayor warns it's on the brink.
(DBN)

Russia, Failing to Achieve Early Victory in Ukraine, Is Seen Shifting to 'Plan B'
(WSJ)

Russia tells U.S. ambassador bilateral ties "on the verge of breaking"
(DBN)

A 1986 dystopian Russian novel basically predicted Vladimir Putin
(DBN)

Israeli prime minister rejects Zelensky comparison of Russia's invasion to Nazi genocide
(DBN)

Russia Bans Facebook, Instagram Under 'Extremism' Law
(DBN)

U.K. Says Russia Made Hoax Calls to British Ministers Last Week
(DBN)

Biden warns Russia "exploring options" for cyberattacks
(DBN)

Goldman, Barclays Cut 2022 Russia Outlook, See Double-Digit Drop
(DBN)

____________

Brazil:

Brazilians Blame Bolsonaro More Than War for Rising Fuel Prices
(DBN)

Brazil Analysts See Rates Hitting 13% After Central Bank Pledge
(DBN)

____________

Denmark:

Denmark Warns of Stagflation Threat If Russian Gas Flow Stops
(DBN)

____________

China:

Xi's Bet on Putin to Counter U.S. Risks Leaving China Isolated
(DBN)

Foxconn's Shenzhen factories resume operations after lockdown
(DBN)

U.S. imposes visa restrictions on Chinese officials
(DBN)

____________

Hong Kong:

Hong Kong Gives Economy Limited Boost With Easing of Virus Curbs
(DBN)

____________

Philippines:

Landlords, Business Groups in Philippines Want Workers Back in The Office
(DBN)

____________

France:

France's Covid-19 infections surge week-on-week after restrictions lifted
(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 $69.00/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 2022