June 20, 2023

The Daily Bankruptcy News

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Law:

The Biglaw Layoffs Are Far From Over
(DBN)

Are Workdays Getting Shorter Despite Mandatory Office Policies?
(DBN)

Will Employers Model Their Post-Affirmative Action Hiring After These Two Law Schools?
(DBN)

Skadden's Executive Partner Steps Down After 15 Years, Ushering In New Leader
(DBN)

Baker Botts Elects Litigator Danny David as New Managing Partner
(DBN)

Bankruptcy Quiz
(DBN)

Lawyer Figures Out ChatGPT Made Up Fake Cases In His Brief On Day Of Hearing
(DBN)

Rainmaking Kirkland & Ellis Trial Partner Jim Hurst Departs Firm
(DBN)

Grand jury reviewing teenager's death after Murdaugh case leads to renewed interest: Atty
(DBN)

Ex-clients accuse Trump lawyer and Cadwalader of ‘haphazard’ billing and malpractice
(DBN)

Lawyer’s racist and anti-Muslim rants on social media entitle defendant to new trial, court rules
(DBN)

Lottery lawyer’s ‘luck has run out’ after sentencing judge says he is responsible for $62M in client losses 'Go-to' lawyer for major lotto winners sent to prison for blowing jackpots on Ponzi scheme
(DBN)

DOJ seeks protective order to prevent Trump from releasing classified materials amid ongoing investigation Magistrate judge signs off on special counsel's protective order in Trump-Mar-a-Lago case Judge bars Trump from disclosing — or keeping — evidence in documents case Trump All But Confesses to Mishandling Classified Docs on Fox News Trump: I was too busy to sort through the boxes I took to Mar-a-Lago Trump claims he didn’t show off secret Iran attack plan, says he actually rustled ‘newspaper articles’ on tape DOJ responds to Jordan’s demands for more information on Trump docs probe House GOP ponders action against DOJ in defense of Trump Joe Scarborough Has ‘Every Reason to Believe’ Trump Kept Documents to Make Deals: ‘This is All About Money’ Trump fires back at Kelly after ‘scared s—less’ remarks Hints at 'Ongoing Investigations' Trump’s promise of payback for prosecution follows years of attacking democratic traditions Trump lacked power to declassify secret nuclear arms document, experts say Barr, Bolton, Kelly line up to condemn Trump over alleged crimes Former Trump Defense secretary brands him a security threat Barr blasts Trump’s defense in document case as ‘absurd’ Pence on Trump: I don’t know why other GOP 2024 candidates ‘presume the president will be found guilty’ Republican reaction to Trump indictment is 'absurd,' former GOP governor says GOP House Intel chair says Trump classified documents case ‘of grave concern’ The perils to democracy of indicting — and not indicting — Donald Trump Barr: Trump Like a 9 Year Old Defiant Child
(DBN)

Judge Cannon Orders Trump Lawyers To Get Security Clearances So They Can See All The Documents Their Client Stole
(DBN)

Trump attorney who left classified documents defense departs another Trump case Trump v. CNN provides first clue as to why his lawyer resigned after Mar-a-Lago charges
(DBN)

Disciplinary hearing against Trump attorney John Eastman begins in California
(DBN)

Trump investigation into Westchester golf club in New York wraps up without charges
(DBN)

Jonathan Turley Says It's 'Untoward' And 'Unwise' To Put Odds On Trump Case... THEN SAYS IT'S '50-50'
(DBN)

Can a president pardon himself?
(DBN)

Have pro-Trump extremists finally gotten the message about political violence?
(DBN)

Hutchinson warns Republicans to ‘back off’ allegations DOJ has been ‘weaponized’
(DBN)

John Durham to testify on Capitol Hill after scathing report
(DBN)

Ex-Trump lawyer turned witness against him loses bid for release from probation
(DBN)

A lawyer for the far-right Oath Keepers was deemed incompetent and her trial over the Jan. 6 Capitol riot will be delayed House GOP flirts with Jan. 6 extremism Capitol rioter lampooned as JackTheTripper ordered to prison
(DBN)

FBI resisted opening probe into Trump’s role in Jan. 6 for more than a year
(DBN)

Federal Probe Advances Into Trump’s Effort to Reverse 2020 Election - WSJ
(DBN)

JPMorgan Defeats Bid to Depose Dimon Again in Epstein Suit by US Virgin Islands Internal JPMorgan Report Provides New Details on Bank’s Ties to Jeffrey Epstein - WSJ
(DBN)

Deutsche Bank $75 mln settlement with Epstein accusers wins preliminary approval
(DBN)

America’s biggest counties prepare for major fights over local prosecutors
(DBN)

Minneapolis PD agrees to consent decree and monitoring after George Floyd's murder: AG
(DBN)

U.S. Energy Dept gets two ransom notices as MOVEit hack claims more victims Ransomware Gang Haunted US Firms Long Before MOVEit Hack US Agencies Are Latest Victims in Expanding MOVEit Hacking Spree
(DBN)

Federal court blocks most of Indiana's gender-affirming care ban
(DBN)

Report of discriminatory policing in Minneapolis ‘unsurprising,’ says Congressional Black Caucus 6 key points from the scathing report on Minneapolis police after George Floyd’s killing
(DBN)

Father admits to fatally shooting 3 young sons at Ohio home, prosecutors say
(DBN)

Judge acquits off-duty Chicago cop seen in video kneeling on teen’s back
(DBN)

20 shot at Illinois shopping mall Juneteenth celebration 1 dead, at least 22 wounded in mass shooting at Juneteenth celebration in Illinois 1 killed, 9 shot at St. Louis office building party Six dead, dozens injured in weekend mass shootings Shootings on Juneteenth Leave 12 Dead
(DBN)

Police: DEA Agent Was Stalked For 10 Years
(DBN)

Woman warned court before estranged husband went on murder-suicide rampage that killed 6
(DBN)

Unconscious Utah girl trapped in sinking van rescued by heroic cops
(DBN)

FBI arrests Michigan man for allegedly planning mass attack on synagogue 'I won't be taken alive': Antisemite plotted mass shooting at synagogue, FBI says
(DBN)

Tree of Life synagogue shooter convicted on all charges in anti-Jewish massacre
(DBN)

Conor McGregor accused of sexual assault hours after sending Miami Heat mascot to hospital
(DBN)

Pittsburgh synagogue gunman found guilty in worst antisemitic attack in U.S. history
(DBN)

‘Shrouded in heat’: Hopes for safe prison temperatures fade with end of Texas legislative session
(DBN)

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Judges:

‘She’s Going to Be Famous for a Long Time’
(DBN)

Supreme Court considers recoil from landmark gun rights ruling
(DBN)

The Circuit Court That's Won The Most And The Least At The Supreme Court
(DBN)

The Highest Cites In The Land
(DBN)

Ketanji Brown Jackson’s ancestors were enslaved. Her husband’s were enslavers.
(DBN)

Questionable ethics by justices of the Supreme Court goes as far back as the founding fathers. But the frequency and depth of transgressions in recent times seems to have reached a crescendo
(DBN)

A look at major cases the Supreme Court still needs to rule on
(DBN)

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Wall Street:

Stock futures fall as investors kick off holiday-shortened week of trading
(DBN)

S&P 500 breaks six-day win streak on Friday, but still notches best week since March
(DBN)

Wall Street Rally Wipes Away a Year of Fed-Induced Losses
(DBN)

Ex-Goldman Banker Takes Stand in Risky Denial of Insider Charges
(DBN)

Hedge Funds Could Bet $100 Million on US Election in Kalshi Plan
(DBN)

S&P 500 Above 4,400 Leaves No Room for More Gains, Citigroup Says
(DBN)

'New shiny bull market' could be a mirage and Wall Street should brace for a 'big collapse' after recent rally, warns Bank of America analyst
(DBN)

Abu Dhabi Wealth Fund ADQ Held Early Talks to Acquire Lazard
(DBN)

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Layoffs:

Nikola to Cut 270 Jobs as Maker of EVs Seeks to Preserve Cash Nikola to Cut 23% of Workforce in Electric Truck Industry
(DBN)

Shiloh Industries to shut down Detroit area plant, lay off 107
(DBN)

Badger Bus Lines to layoff up to 200 employees
(DBN)

Tech job postings fall again; layoffs wipe out nearly 50% of May gains
(DBN)

Bitwise Industries lays off over 500 Californians
(DBN)

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Awards:

The 2023 Lawdragon 500 Leading Bankruptcy & Restructuring Lawyers
(DBN)

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Kitchenware:

Instant Brands filed for bankruptcy. Here's why that’s not necessarily a bad thing Supply Chain Pressures Burned Instant Pot Maker - WSJ
(DBN)

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Fishing:

Cheap Imports Leave US Shrimpers Struggling to Compete
(DBN)

Crisis-hit Brazilian tilapia producer meets creditors in bid to stave off bankruptcy threat
(DBN)

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Paper:

How Wall Street drove the Maine paper industry’s collapse
(DBN)

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Crypto:

FTX Incurred More than $121M in Legal and Advisory Fees between February 1 and April 30
(DBN)

Under court deal, Binance can continue U.S. operations as it battles SEC fraud charges Binance.US Reaches Agreement With SEC to Avoid Full Asset Freeze Binance France chief brushed off concerns days before police visit
(DBN)

Did CZ Admit That Binance.US Was Insolvent?
(DBN)

Liquidators of Crypto Fund Three Arrows Seek to Fine Co-Founder $10,000 Per Day
(DBN)

Crypto Hit by Falling Prices, Regulatory Actions and Contagion Concerns
(DBN)

Crypto is dead: long live crypto!
(DBN)

Four-Month Imprisonment for Terra Co-Founder, Do Kwon, Over Alleged Passport Forgery
(DBN)

Cayman Islands’ Joint Provisional Liquidators Appointed Over Failed Cryptocurrency Exchange
(DBN)

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Tech:

Mark Zuckerberg goes in for the kill as Elon Musk’s Twitter bleeds ad dollars
(DBN)

Will Elon Lose Control of Twitter?
(DBN)

Scientists on Twitter head for the exit
(DBN)

AI: The worst-case scenario
(DBN)

Musk Courts EU Leaders as Twitter Future Hangs in Balance
(DBN)

Twitter looks to reassure anxious advertisers at Cannes
(DBN)

Hackers threaten to leak stolen Reddit data if company doesn’t pay $4.5 million and change pricing policy
(DBN)

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Movie Theaters:

The bosses of the Regal Cinemas owner are set to depart with $35 million after Cineworld emerges from Chapter 11
(DBN)

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Hotels:

Redevelopers are pouncing on shuttered hotels
(DBN)

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Corporate Governance:

Norway to Mandate 40% Quota for Women on Company Boards!
(DBN)

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Private Equity:

Private Equity Realizing Higher Yields Through Bankruptcies Sponsors Are Getting More Aggressive as Private Equity Turns to Bankruptcy to Increase Yields
(DBN)

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Solar:

Solar industry facing bankruptcies, leaving many with roof panels that don't work
(DBN)

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Economy:

Fed Officials Say Rates May Need to Go Higher to Tame Inflation
(DBN)

Powell Wake-Up Call Means More Corporate Defaults
(DBN)

Janus Henderson Sees Rising Threat of Credit Crunch as Fed Hikes
(DBN)

Fed Says Tighter Credit Conditions to Weigh on US Growth
(DBN)

Powell Faces Tricky Task of Explaining Rate Pause in Congress
(DBN)

Why It Seems Everything We Knew About the Global Economy Is No Longer True
(DBN)

Fed’s Goolsbee Likens Rate Pause to ‘Reconnaissance’ on Policy Impact
(DBN)

White House and GOP agree: This is the Biden economy
(DBN)

Biden to Counter Trump by Focusing on Economy Not Indictments
(DBN)

Senate Democrats ready for spending fight with House GOP
(DBN)

Tech workers blast startup CEO who said he didn't want to hire workers focused on pay, or those who want to 'clock in and out'
(DBN)

How to break the poverty cycle
(DBN)

Calif. to Become World's Fourth Largest Economy
(DBN)

2024’s hidden prize: The upper hand in tax ‘Armageddon’
(DBN)

Gen-Z is taking courses on how to send an email and what to wear in the office
(DBN)

Meet a millennial mom who paid over $22,000 for daycare last year — and had to quit her job when her second kid came along: 'We don't really have a village of any sort'
(DBN)

The Rapid Decline of Global Birth Rates
(DBN)

LA Port Inbound Traffic Down Sharply YoY in May
(DBN)

America’s paternity leave patchwork
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

Housing June 19th Weekly Update: Inventory Increased 1.8% Week-over-week
(DBN)

Eviction filings are 50% higher than they were pre-pandemic in some cities as rents rise
(DBN)

Middle Class Buyers Facing Housing Shortages
(DBN)

Macerich Eyes Makeovers for Former Sears Boxes
(DBN)

Some More Good News for Homebuilders
(DBN)

NAHB: Builder Confidence Increased in June
(DBN)

Top US Regulators Keeping Eye on Commercial Real Estate Risks as Vacancies Rise
(DBN)

The housing market has about 40% fewer homes for sale than before the pandemic, and listings keep falling
(DBN)

Why Is U.S. Housing Inventory So Stubbornly Low This Year?
(DBN)

Why it’s becoming harder and more expensive to get homeowners insurance
(DBN)

Florida housing boom comes to end: Home prices flatline
(DBN)

Sowing Insolvency at the LRA
(DBN)

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Municipalities:

Filling an Empty Arsenal: Puerto Rico's Bankruptcy from the Recovery Act to Promesa
(DBN)

Puerto Rico Board Will Amend Power Utility’s Debt-Cutting Plan
(DBN)

New Jersey’s Tax Revenue Sinks 20% in May From Last Year
(DBN)

Puerto Rico Board Will Amend Power Utility’s Debt-Cutting Plan
(DBN)

Empty offices, abandoned malls, concerns over crime: Why San Francisco, the Golden City, is losing its luster
(DBN)

Homeless Numbers Rise in U.S. Cities - WSJ
(DBN)

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Oil/Gas:

Ownership feud: Frac sand mining business and quarry lands in San Antonio bankruptcy court
(DBN)

Stellantis Restricts Gasoline-Car Sales as California’s Stricter Emissions Rules Bite
(DBN)

Private car use will decline globally, researchers project
(DBN)

A cheap fix to global warming is finally gaining support
(DBN)

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Politics:

Well-funded Christian group behind US effort to roll back LGBTQ+ rights
(DBN)

Majority of Republicans support Trump staying in presidential race despite indictment: poll
(DBN)

Poll: 56% believe he should end campaign
(DBN)

Trump prosecution could stretch well beyond 2024 election
(DBN)

2024 Presidential Rivals Quietly Start to Consider a GOP Primary Without Trump The GOP field discovers there are only side acts in the Trump show
(DBN)

Trump’s attacks on FBI, DOJ create Senate GOP fault line
(DBN)

No One Is Looking Forward to the 2024 Presidential Election - WSJ
(DBN)

Trump repeatedly celebrated the inclusion of transgender women in his beauty pageant Donald Trump's Pride Merchandise Resurfaces Amid Target, Bud Light Backlash
(DBN)

Trump visit to Cuban landmark in Miami thrilled some. Others felt rage.
(DBN)

Trump slams Republicans who voted to block censure resolution against Schiff Trump ally plans renewed push to censure Adam Schiff
(DBN)

71% say Biden too old to be president
(DBN)

Biden's weird words
(DBN)

Newsom’s media blitz fuels presidential talk
(DBN)

Judge to decide if Biden administration improperly censored social media users
(DBN)

Support for political violence depends on specifics, study shows
(DBN)

Jack Smith swag is hot as Dems embrace Trump foe
(DBN)

These Latino conservatives like DeSantis but loathe Florida’s immigration law
(DBN)

GOP, Grassley dig for dirt on Biden amid Trump indictment furor
(DBN)

Tim Scott fires back at Obama over race remarks
(DBN)

John Fetterman's bizarre response when asked about Philadelphia highway collapse in the Senate
(DBN)

Transgender activist apologizes for going topless at the White House
(DBN)

Thousands protest Dodgers’ Pride night event honoring LGBTQ+ ‘nun’ group
(DBN)

Stroke victim Senator John Fetterman mispronounces 'infrastructure' and 'delegation' after wearing hoodie and shorts to inspect collapsed Philly freeway with president
(DBN)

Supermajorities in state capitols push controversial policies to the edge
(DBN)

GOP leaders face down conservative threats to paralyze House again
(DBN)

He’s Deeply Religious and a Democrat. He Might Be the Next Big Thing in Texas Politics.
(DBN)

Christie Made Millions After Leaving New Jersey Office, NYT Says The Business of Being Chris Christie
(DBN)

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Utilities:

Oregon wildfires case highlights the climate change risks to utilities
(DBN)

Grid Braces for Record Power Demand as Temps Soar Upwards of 120
(DBN)

Power companies spend millions to fight Maine’s proposed non-profit utility
(DBN)

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Education:

Why more and more colleges are closing down across the U.S.
(DBN)

More States Go to Private School Vouchers
(DBN)

Jewish teacher resigns after antisemitic harassment from 12-year-old student
(DBN)

Pupil who questioned classmate ‘identifying as a cat’ called ‘despicable’ by teacher
(DBN)

The “anti-intellectual attack” on higher ed will take years to undo
(DBN)

'School shooters ruined that s---': Ohio high-schooler caught with gun, bullets on school
(DBN)

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Healthcare:

Envision’s Bankruptcy Provides Insight Into All That is Ailing The Healthcare Industry
(DBN)

Medtech firm Surgalign files for Chapter 11 bankruptcy
(DBN)

Jill Biden to host a conversation with women denied medical care post-Roe v. Wade
(DBN)

West Nile virus cases detected across country
(DBN)

June 16th COVID Update: New Pandemic Lows for Deaths and Hospitalizations
(DBN)

Black children are more likely to have asthma. A lot comes down to where they live
(DBN)

Mayo Clinic accused of ‘placing academic freedom in jeopardy’ after suspending physician who criticized US agency during pandemic
(DBN)

America’s unlikeliest abortion clinic has opened in its reddest state
(DBN)

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Transportation:

Damaged I-95 Stretch to Reopen Within Two Weeks, Governor Says
(DBN)

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History:

What to know about Juneteenth, the newest federal holiday The story behind Juneteenth and how it became a federal holiday
(DBN)

As the nation celebrates Juneteenth, it’s time to get rid of these three myths about slavery
(DBN)

The new museum at America’s largest slave port site also taps into a deeply rooted joy
(DBN)

What Aaron Burr and Jefferson Davis Tell Us About the Trump Indictments
(DBN)

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Food/Beverage:

Do Good Foods files for bankruptcy after being named “one of the world’s most innovative companies”
(DBN)

Ireland’s Cancer Warnings on Beer, Wine Spark Alarm Among Top Exporters
(DBN)

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Newspapers:

How Local Officials Seek Revenge on Their Hometown Newspapers
(DBN)

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Fraud:

Staggering Scope of Covid Relief Fraud
(DBN)

AI-assisted fraud schemes could cost taxpayers $1 trillion in just 1 year, expert says
(DBN)

Two Ex-Wirecard Asia Employees in Singapore Get Jail Time
(DBN)

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Media:

Mark Cuban says Joe Rogan and Elon Musk have become everything they say is wrong with the mainstream media
(DBN)

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Sports:

Rokit’s Defense Shield Tested as Bankruptcy Trustee Lawyers Up
(DBN)

French Prosecutors Search Paris 2024 Olympic Committee Offices
(DBN)

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Footwear:

Rockport up for sale as shoemaker files for Chapter 11 bankruptcy PKF Clear Thinking’s Joseph Marchese Appointed Chief Restructuring Officer of The Rockport Company, LLC
(DBN)

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New Bankruptcy Opinions
(10 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (45 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (6 new filings today)
(DBN)

Chapter 11 Bankruptcy Case Studies
(DBN)

Mass Torts:

Mallinckrodt Gets Extension on $200 Million Opioid Payment Deadline
(DBN)

Opaque Capital and Mass Tort Financing
(DBN)

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Subchapter V:

ABI to Hold Second Virtual Public Hearing on Subchapter V of Chapter 11 of Bankruptcy Code
(DBN)

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Sovereign Immunity:

What's At Stake In High Court's Tribal Bankruptcy Ruling
(DBN)

Supreme Court: Tribal sovereign immunity doesn’t extend to bankruptcy court
(DBN)

SCOTUS Issues Two Significant Decisions Impacting Tribal Sovereignty
(DBN)

Supreme Court Addresses Interplay of Sovereign Immunity And Insolvency Statutes
(DBN)

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Intercreditor:

Uptiering in European leveraged finance — does the Serta decision move the needle?
(DBN)

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Bankruptcy Strategy:

Chapter 11 Success: A CEO Reveals His Secrets To A Successful Turnaround
(DBN)

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Aviation:

Delta pilot allegedly shows up drunk for flight from Scotland to NYC before being arrested
(DBN)

Plane door busts open in midair as passengers sit stunned, jaw-dropping video shows
(DBN)

Wheelchair users fight for easier air travel
(DBN)

NCLT adjourns aircraft lessor’s insolvency plea against SpiceJet, ET Infra
(DBN)

Go First may face forensic scrutiny
(DBN)

India aims to resolve discrepancy between global plane leasing rules, national laws
(DBN)

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Banking:

UBS Faces Hit Over Credit Suisse’s Archegos Debacle
(DBN)

SVB customers who lost deposits under pressure to repay loans
(DBN)

SVB Financial Group Enters into Definitive Purchase Agreement to Sell SVB Securities to Management Team Group Led by Jeff Leerink and Backed by The Baupost Group
(DBN)

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Radio:

Sirius XM: Bankruptcy Threat's Real
(DBN)

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Climate:

Ocean heat spikes: Are we at a climate tipping point?
(DBN)

Four alarming charts that show just how extreme the climate is right now
(DBN)

Canada Wildfires Heat Up Climate Change Pressure on Trudeau
(DBN)

Europe Faces an Inflation-Regime Reckoning Over Climate Goals
(DBN)

Rail Groups Sue California as State Pushes For Zero-Emissions Locomotives
(DBN)

EU Nations Back Renewable Deal as France Wins Nuclear Assurances
(DBN)

Forecasters warn dangerous temperatures will persist in Texas, Gulf Coast Heat wave fuels deadly storms and power outages across southern U.S.
(DBN)

Wild Weather in China Poses New Threat to Country’s Grain Crops
(DBN)

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Agribusiness:

Is bankruptcy filing just a temporary setback for AeroFarms?
(DBN)

Venture capital's AI-run lettuce farms are starting to go bust
(DBN)

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Pharma:

Bankruptcy Final Blow To Athenex That Once Brought Hope
(DBN)

Drugmakers aim to strike down Medicare drug-price negotiations at Supreme Court
(DBN)

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Celebs:

Lamar Odom's Ex-manager Filed for Bankruptcy Two Months Before Being Accused of Stealing Former NBA Star's Home
(DBN)

'Catwoman' Jocelyn Wildenstein claims she is flat broke
(DBN)

Meghan Markle, Prince Harry slammed as ‘lazy,’ ‘grifters’ by Spotify as they face cash crisis
(DBN)

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Sovereigns:

Pakistan: Shehbaz Sharif govt's failure to seal deal with IMF to 'increase risk of default' Pakistan economic crisis gets worse with dollar crunch halting food imports
(DBN)

Zambia's creditors aim to make debt relief proposal this week
(DBN)

Ghana sees agreement with bilateral creditors in coming weeks
(DBN)

Argentina faces crunch IMF talks to defuse looming debt bomb
(DBN)

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UK:

R3 responds to May 2023 insolvency stats
(DBN)

SRA rebukes lawyers for bankruptcy and costs misconduct
(DBN)

McColl’s still owes £45m to unsecured creditors following collapse
(DBN)

Britain Faces Recession and Flood of Job Losses if Rates Hit 6%
(DBN)

UK economy in growth ‘doom loop’ as business investment slumps versus G7 peers, think tank says
(DBN)

Altnet funding crisis deepens as Airband seeks new funds
(DBN)

Grocery inflation in Great Britain eases to 16.5% but remains high
(DBN)

UK tenants face increasing financial stress as rents rise
(DBN)

Boris Johnson fumbles the Trump playbook
(DBN)

Marsh faces court case over role as Greensill's insurance broker
(DBN)

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EU:

ECB’s Lagarde Affirms Pledge That More to Be Done on Rates
(DBN)

ECB’s Rehn Says Underlying Inflation Easing ‘Only Gradually’
(DBN)

‘Nobody Expected This’: Beloved Vegan Meat Brand Prepares For Bankruptcy
(DBN)

ECB Hawks Warn Rate Hikes May Need to Persist Beyond Summer
(DBN)

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Canada:

Faithless Fiduciaries May Not Be Released From Bankruptcy
(DBN)

Students left in the dark after McKay Career Training suddenly shuts doors
(DBN)

Prove It or Lose It: Alberta Court Provides Guidance on Evidence Required for Approval of Litigation Trusts and Litigation Financing
(DBN)

Canadians Say Higher Rates Are Crimping Their Personal Spending
(DBN)

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Russia:

Rescuers are braving snipers and racing time to ferry Ukrainians out of Russian-occupied flood zones As Floodwaters Recede, Ukrainian Authorities Brace for Possible Disease Outbreaks UN: Russia won't permit aid workers in flooded areas after Ukraine dam collapse
(DBN)

Russia launches major overnight attacks across Ukraine, including in west Russia attacks Ukrainian cities in overnight air strikes
(DBN)

Ukraine Builds Layered Air Defences As Russia Ramps Up Strikes
(DBN)

The Ukraine counteroffensive is different from what experts anticipated Ukraine recaptures southeastern village as counteroffensive pushes on Ukrainian leaders say they’ve retaken eight villages in counteroffensive
(DBN)

Ukraine won’t get formal invite to join NATO at July summit, Stoltenberg says
(DBN)

Ukraine Runs Into Russian Air Superiority -WSJ
(DBN)

The U.S. worries about private Chinese companies aiding Russia, Blinken says.
(DBN)

Russia claims to have remotely detonated tank laden with explosives
(DBN)

How U.S.-made sniper ammunition ends up in Russian rifles
(DBN)

Leaked Emails Reveal How Putin’s Friends Dodged Sanctions With Help of Western Enablers
(DBN)

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Germany:

Germany’s Economy Will Flatline in 2023, BDI Chief Tells FAZ
(DBN)

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China:

Blinken says spy balloon 'chapter should be closed' after China talks
(DBN)

Xi rejects US offer to set up military crisis hotline, Blinken says
(DBN)

Blinken and Xi pledge to stabilize deteriorated US-China ties
(DBN)

China has assured US it will not provide lethal aid to Russia, Blinken says
(DBN)

US lawmakers to urge automakers to cut reliance on China
(DBN)

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India:

Interest compounding pulling down recovery in IBC cases
(DBN)

Govt starts interministerial discussions on the upcoming IBC Amendment Bill
(DBN)

MCA calls for Insolvency Professionals with high integrity and credibility to strengthen IBC
(DBN)

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MENA:

US ‘deeply troubled’ by reported Israeli move on West Bank settlements Fiercest fighting in years erupts in West Bank
(DBN)

20 years after the United States invaded Iraq, Iraqis are still trying to emigrate to the US
(DBN)

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Italy:

Italy Wants to Punish Surrogacy With Jail Even If Done Legally
(DBN)

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France:

Creditors strike deal with supermarket Casino's holding company Rallye
(DBN)

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Ireland:

Bankruptcy investigations netted €6m in hidden assets last year
(DBN)

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Argentina:

In Argentina, Inflation Passes 100% (and the Restaurants Are Packed)
(DBN)

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Sweden:

KKR to Hand Over Swedish Mattress Firm to Creditors in Restructuring
(DBN)

SBB Bondholders Have Picked a Tricky Fight
(DBN)

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Hong Kong:

Kept-well: Hong Kong court hands keepwell trustee significant win
(DBN)

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Japan:

Meet Japan’s millennials – they’re ‘sober’, trapped in dead-end jobs and never want children
(DBN)

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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.

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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.

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