April 7, 2023

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:

Advice For Layoff Victims On Being Transparent During Their New Job Searches
(DBN)

ChatGPT falsely accuses law prof of sexual harassment; is libel suit possible?
(DBN)

Shall We Chat About ChatGPT And AI?
(DBN)

Biglaw Still Isn’t Big Enough For Women Who Want To Make It Big
(DBN)

BigLaw associate’s admonition to be available 24/7 with ‘no exceptions, no excuses’ goes viral ‘You are online 24/7’: Paul Hastings associate goes viral with list of ‘non-negotiable expectations’
(DBN)

The Client Service A-Team: Ranking The Biglaw Superheroes Of Client Service (2023)
(DBN)

Goodwin Associates Who Lost The Visa Lottery Lost Their Job
(DBN)

Goodwin's Chair Steps Down During Time Of Transition For Firm
(DBN)

Making Law Review Is Career Gold. But NYU Students Want Cash Too
(DBN)

Greenberg Traurig taps Willkie for new European restructuring co-chair in Milan
(DBN)

‘Healthier’ Boies Schiller Sees Shrinking Size Boost Profits
(DBN)

Tenured Law Professor Amy Wax, Under Siege For ‘Truth Telling’ On Race, Makes Her Case
(DBN)

Willkie nudges NQ lawyer pay in London to £150k
(DBN)

Magic Circle firms reveal gender pay gap results
(DBN)

Top lawyers refuse to prosecute climate protesters
(DBN)

Jonathan Turley Finds A Way To Make ChatGPT All About Him
(DBN)

Supreme Court rules West Virginia transgender athletes can compete on female sports teams SCOTUS denies West Virginia's request to enforce anti-transgender sports ban against 12-year-old athlete She's running: 12-year-old trans girl wins significant SCOTUS ruling letting her compete in track
(DBN)

Biden administration’s Title IX changes would prevent broad bans on transgender athletes
(DBN)

House GOP subpoenas ex-prosecutor in escalation of Manhattan DA probe House GOP probe into Trump indictment spurs new battle $35 in political donations to Democrats in 2020 raises scrutiny of judge on Trump's case Trump Judge Receives Dozens of Threats Bragg hits back at House GOP over subpoena for ex-prosecutor in Trump case Yes, Alvin Bragg’s indictment of Trump is political Ex-Tabloid King Poses Threat to Donald Trump in Hush-Money Case - WSJ Stormy Daniels ‘absolutely’ wants to testify against Trump — and hopes he’s jailed Former Trump attorney makes bold prediction in hush-money case Security ‘Boosted’ As Judge And His Wife and Daughter Receive Flood Of Threats After Trump Arrest Trump’s Judge is Getting Threats, While Trump Calls NY Officials ‘Perverts’ New York Trump Prosecution The Arraignment of Donald J. Trump: A Detailed Summary The Trump Indictment, Tax Law, And Conway Twitty While pinning Trump case to campaign laws, Bragg eyes a backup plan Hillary and Comey on Trump Indictment
(DBN)

Trump Lawyer Warned by Stormy Daniels’s Attorney of ‘Ethical Breach’
(DBN)

Over 1,000 people now face charges in connection to Jan. 6 riots
(DBN)

Attacks on Dominion Voting Persist Despite High-Profile Lawsuits Smartmatic subpoenas fired Fox producer about 'coerced' testimony claims in similar Dominion case
(DBN)

Idaho bans adults from helping minors cross state lines to get an abortion without parents’ consent This State Is Banning Interstate Travel for Abortion by Calling it ‘Abortion Trafficking’
(DBN)

The multibillion-dollar defamation lawsuits against Fox News, explained
(DBN)

Cash App founder Bob Lee seen pleading with bystander after stabbing but they drove away Cash App creator Bob Lee moved out of San Francisco because he thought the city was 'deteriorating' shortly before he was stabbed there, friend says
(DBN)

Harvard police raided a dorm where 4 Black students were living after someone made a false call about an active threat: 'We are traumatized'
(DBN)

JPMorgan Subpoenas Staley’s Former Hedge Fund in Epstein Dispute
(DBN)

Bullets and children. And what to do about it.
(DBN)

Why it's so hard to come to the U.S. legally
(DBN)

Migrants Died In Detention Fire Because They Couldn't Pay $200 Bribe to Be Released
(DBN)

Explainer: Seeking asylum in the U.S.
(DBN)

'Heads need to roll': Judge scorches Alabama police after they 'throw away' murder weapons
(DBN)

7 shocking things about accused killer 'cult mom' Lori Vallow
(DBN)

Dermatologist allegedly caught on nanny cam using 'Drano-like' cleaner to poison husband
(DBN)

Texas county clerk allegedly tries to get her son un-arrested but gets arrested herself
(DBN)

Dem actress slams 's–thole' San Francisco's 'liberal' leadership after Bob Lee's death
(DBN)

Steven Tyler's 'repugnant' consent defense to teen sex abuse claims is 'gaslighting': Lawyer
(DBN)

Conservative sheriff indicted in scheme to illegally buy machine guns, let supporter rent them out
(DBN)

Groom Dies From an Exploding Wedding Gift. It Was From His Bride’s Ex.
(DBN)

______________

Judges:

Bankruptcy Judgeship Position in the Middle District of Georgia
(DBN)

Bankruptcy judge's novels appear to be based on me, litigant says in seeking her removal
(DBN)

Clarence Thomas and the Billionaire Paragon Of Virtue Clarence Thomas Has Been Given Millions Of Dollars In Value Off The Record And It Totally Hasn't Impacted His Judging. Not One Bit. Nope. Clarence Thomas slammed from across political spectrum, as former House GOP member says he 'should not be allowed anywhere near a judicial decision' Justice Thomas accused of breaking the law with secret 'superyacht' trips Clarence Thomas Broke the Law and It Isn’t Even Close Supreme Court ethics criticism grows louder with Clarence Thomas investigation Supreme Court Justice Thomas Luxury Gift Report Prompts Call for Ethics Code Democrats express outrage over Clarence Thomas luxury travel report Justice Thomas cruises on yachts and flies on private jets, thanks to billionaire GOP donor, report says Ocasio-Cortez calls for Thomas impeachment Senate Judiciary chair: Committee ‘will act’ on alleged misconduct by Thomas Thomas Travel Report Draws Supreme Court Deeper Into Ethics Fray
(DBN)

Biden Judicial Nominations Machine Slows Amid New Hiccups
(DBN)

The Law Clerk Boycott Hits Stanford Law School
(DBN)

Federalist Society Judges Acting Badly
(DBN)

The Path To Coveted Supreme Court Clerkship Has Gotten Longer Over The Last 20 Years
(DBN)

______________

Wall Street:

S&P 500 ends Thursday higher, but suffers its first down week in four
(DBN)

______________

Layoffs:

Layoffs are up nearly fivefold so far this year with tech leading the way
(DBN)

Layoffs via Zoom are here to stay
(DBN)

Up to 75% of Credit Suisse investment bank jobs at risk – consultant
(DBN)

Bed Bath & Beyond faces lawsuit over Harmon layoffs
(DBN)

______________

Cannabis:

New Opinion Confirms Growing Trend Away from “Zero Tolerance” Cannabis Bankruptcy Relief Policy
(DBN)

Ex-Michigan House speaker, 3 others plead guilty in marijuana bribery probe
(DBN)

____________


Economy:

Weekly Initial Unemployment Claims decrease to 228,000; Major Revisions to Seasonal Factors
(DBN)

Hiring Plans for US Small Businesses Fall to Lowest Since 2020
(DBN)

Jobless claims aren't as low as they seemed
(DBN)

Jamie Dimon Says Banking Crisis Has Increased the Odds of a Recession
(DBN)

Most Oppose Social Security, Medicare Cuts
(DBN)

Big Change Many be Coming to Social Security What the US could do about Social Security to avoid the same fate as France
(DBN)

As recession fears grow, a ‘credit crunch’ is already under way, economist warns
(DBN)

US Credit Conditions to Weaken to Post-Pandemic Low, Banks Say
(DBN)

Powell's Fed may be remembered not for conquering inflation but for undermining its own credibility, Mohamed El-Erian says
(DBN)

‘We may be looking at the end of capitalism’: One of the world’s oldest and largest investment banks warns ‘Greedflation’ has gone too far
(DBN)

Lending to consumers has dropped as banks move quickly to further tighten credit standards after the failure of SVB, Fed survey says
(DBN)

More signs are pointing to an imminent slowdown in the US economy
(DBN)

IMF Warns Five-Year Global Growth Outlook Is Weakest Since 1990
(DBN)

The perilous fantasy of work-life balance
(DBN)

The dos and don'ts of congressional hearings
(DBN)

Visualized: The Largest Trading Partners of the U.S.
(DBN)

Americans Divided on Taxing the Rich
(DBN)

When negotiating starting salaries, most U.S. women and men don’t ask for higher pay
(DBN)

States with the Largest Number of Homeless
(DBN)

In hard times, Corporate America looks out for its CEOs
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

______________

Real Estate:

Realtor.com Reports Weekly Active Inventory Up 53% YoY; New Listings Down 22% YoY
(DBN)

Mortgage Rates in the US Are Slipping — Again
(DBN)

Home Prices Are Collapsing in This City
(DBN)

Homebuyers who fled to Miami hoping to escape high taxes are in for a rude awakening
(DBN)

____________

Municipalities:

Detroit nears huge financial health milestone
(DBN)

____________

Oil/Gas:

Walmart will add thousands of EV charging stations to stores by 2030
(DBN)

Biden Is Set to Propose Toughest-Ever Rules on Car Pollution to Spur EVs
(DBN)

____________

Autos:

Tesla Employees Shared Embarrassing Videos From Car Cameras Of Tesla Owners: Report
(DBN)

____________

Crypto:

New York regulator could set world standard for crypto
(DBN)

Decentralized Crypto Markets Threaten National Security, Treasury Says - WSJ
(DBN)

Bitcoin, Crypto Billionaires Lost $110 Billion In Past Year
(DBN)

____________

Hotels:

Hotels: Occupancy Rate Down 3.5% Compared to Same Week in 2019
(DBN)

____________

Tech:

Twitter is no longer policing Russian and Chinese state-backed media
(DBN)

Turnitin Plagiarism Detector Will Catch Students Who Cheat With ChatGPT With 98% Accuracy
(DBN)

Before meeting with Elon Musk, top advertisers privately debate his “racist rhetoric”
(DBN)

____________

Climate:

How a Texas abortion law could spur N.Y. climate lawsuits
(DBN)

Showing people the effects of the climate emergency fails to shift attitudes, study finds
(DBN)

Tons of clean energy stuck waiting in line in outdated U.S. grid
(DBN)

____________

Consumer Finance:

The Powerful Forces Keeping High Interest Title Lending Alive in Georgia
(DBN)

____________

Celebs:

Once the Prince of Tennis and a Prison Inmate, Boris Becker Starts Again
(DBN)

____________

Sports:

In First Sign of Bally Sports Bankruptcy Fallout, MLB Files Motion to Get Twins and Guardians Paid
(DBN)

____________

Food/Beverage:

TOMS King bankruptcy yields bids for 82 of its 90 Burger King units
(DBN)

____________

Banking:

Bankers with restructuring chops are in high demand — again
(DBN)

Short sellers just reaped a $7 billion bounty in the most profitable bets against banks since the 2008 financial crisis
(DBN)

Bank stocks continue to sink and that shows the turmoil hasn't faded yet, Jim Bianco says
(DBN)

Economist who called 2008 crisis says more bank collapses are coming
(DBN)

Ranked: The U.S. Banks With the Most Uninsured Deposits
(DBN)

Fed’s Emergency Loans to Banks Decline to $149 Billion
(DBN)

Mixed-Up Markets Can’t Get Story Straight as Bank Drama Smolders
(DBN)

It’s Big vs Small as Banks Square Off to Avoid New Rules After Failures
(DBN)

BlackRock Can’t Wait Forever to Sell Failed Banks’ Assets
(DBN)

____________

 


New Bankruptcy Opinions
(4 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 (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)

Bankruptcy Statistics:

BK ED LA: Updated Bankruptcy Filing Statistics
(DBN)

Small Businesses File For Bankruptcy At Record Pace
(DBN)

US corporate bankruptcy filings spiked in March: S&P Global
(DBN)

______________

Bankruptcy Remoteness:

Pre-Petition Waiver Of Right To File Bankruptcy—Is It Enforceable? (In re Roberson)
(DBN)

____________

Bankruptcy Strategy:

Distressed Startups: A Bankruptcy Lawyer’s Perspective
(DBN)

____________

Intercreditor:

Creditor-on-Creditor Clashes Driven by FOMO, Fidelity Says
(DBN)

____________

Mass Torts:

Cancer Victims’ Lawyers Vow to Fight J&J Proposed Settlement Lanier Law Firm Responds to Proposed Plan to Resolve Talc Litigation
(DBN)

Victims criticize church after Catholic sex abuse report
(DBN)

____________

Aviation:

Virgin Orbit Bankruptcy Casts Shadow Over Japan's Space Dreams Virgin Orbit’s bankruptcy may offer lessons for other launch companies
(DBN)

Airlines’ answer for congested airports and rising costs: Bigger planes
(DBN)

An Aging, Unreliable Runway Safety Device Leaves US Airports Vulnerable
(DBN)

Southwest CEO Bonus Rose After Meltdown Prompted Pledge to Cut Incentive Pay
(DBN)

____________

Tax:

How the Ultrarich Claim Huge Tax Deductions on Their Private Jets and Luxury Yachts
(DBN)

IRS Overhaul to Increase Audits Tenfold
(DBN)

____________

Retailing:

Bed Bath & Beyond proposes reverse stock split as it struggles to avoid bankruptcy Bed Bath & Beyond stock hits record low as company teeters on bankruptcy Bed Bath & Beyond calls for special meeting; sounds bankruptcy alarm again
(DBN)

YCMC Files for Bankruptcy, will Cease All Operations by May
(DBN)

____________

Celebs:

Mark Cuban says highly successful people aren’t afraid to go broke—here’s why
(DBN)

____________

Fraud:

March 2023 Ponzi Scheme Roundup
(DBN)

Forbes mocked as another ‘30 Under 30’ honoree joins the ranks of fraudsters Elizabeth Holmes, SBF
(DBN)

____________

Healthcare:

Hospitals Face ‘Make-or-Break Year’ After Bleak 2022, Fitch Says
(DBN)

Covid Is Still Deadlier for Patients Than Flu
(DBN)

Crackdown: Misleading Medicare Advantage Ads
(DBN)

Texas Continues War on Trans Kids
(DBN)

____________

Politics:

Former Trump aide Anthony Scaramucci says Donald Trump is a 'family guy' who's just like Logan Roy — the ruthless patriarch in 'Succession' Trump’s call to defund DOJ, FBI puts Senate, House GOP at odds
(DBN)

Trump Basks in Limelight of Indictment to Lure Donors for 2024
(DBN)

Stunning endorsement: DeSantis ally Rep. Byron Donalds backs Trump for president in 2024
(DBN)

Biden vetoes congressional bid to undo his water regulations
(DBN)

Tennessee House expels Democratic lawmaker over anti-gun protest Congressional Black Caucus heaps criticism on Tennessee lawmakers for expelling Black lawmakers Tennessee GOP expels 2 Black Democratic lawmakers for anti-gun violence protests. A white legislator survived her vote Tennessee Republicans Accused of Racism After Expelling Two Black Lawmakers What to Know About the Tennessee Three
(DBN)

Fact and fiction: Trump super PAC attacks on DeSantis on Social Security and Medicare
(DBN)

Lindsey Graham Breaks from Trump (Slightly)
(DBN)

____________

Sovereigns:

IMF Says China Must Show It Can Play by World Debt-Revamp Rules
(DBN)

Ukraine Rating Downgraded by S&P on Debt Restructuring Plan
(DBN)

____________

UK:

What Is HSBC Getting in Its £1 SVB UK Deal? Ooni Pizza Ovens and 10x
(DBN)

____________

Sweden:

‘We’re not out of the woods’: Sweden’s sliding house prices could be only halfway to the bottom
(DBN)

____________

MENA:

Rockets fired from Lebanon toward Israel in major escalation At least 34 rockets launched from Lebanon into Israel during first day of Passover Israel begins airstrikes in Gaza following rocket fire
(DBN)

Israel’s Judicial Coup-in-Waiting
(DBN)

U.S. admits Afghanistan evacuation should have begun sooner
(DBN)

____________

Russia:

How Vladimir Putin Saved NATO
(DBN)

Ukraine is preparing to strike back against Russia. Timing will be key
(DBN)

____________

France:

French Unions Renew Strikes to Push Macron Into Pension U-Turn French pension protesters occupy finance firm, torch restaurant favored by Macron
(DBN)

____________

China:

US Pushes China to a Red Line for US Firms
(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 $74.00/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 2023