May 22, 2023

The Daily Bankruptcy News

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Law:

California moves a step closer to developing its own bar exam
(DBN)

Former FBI employees accuse bureau of ‘weaponization’ against conservatives FBI Whistleblowers Admit Taking Money From Ex-Trump Official
(DBN)

Georgia prosecutor clears decks for possible Trump charges
(DBN)

Judge orders Rudy Giuliani to detail finances in election defamation suit
(DBN)

Former key Trump attorney says he left because of legal team infighting
(DBN)

Prosecutor connected to Jan. 6 probe takes on lawyer for tech companies in mystery appeals court fight
(DBN)

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

Ex-Trump White House Lawyer Predicts Bad News for Former President
(DBN)

FBI repeatedly misused surveillance tool, unsealed FISA order reveals
(DBN)

Winner of Mike Lindell’s $5M election fraud contest asks a federal court to make him pay
(DBN)

A Ten Month Affair with Trump and Off to Willis
(DBN)

Federal inquiry details abuses of power by Trump's CEO over Voice of America
(DBN)

Air Force Leadership Knew About Teixeira
(DBN)

JPMorgan, ex-executive spar in court over responsibility for Epstein Epstein Threatened Bill Gates Over an Affair - WSJ
(DBN)

Nebraska lawmakers pass 12-week abortion ban, restrictions on gender-affirming care for minors
(DBN)

North Carolina’s abortion law means even traveling for an abortion may be impossible for some in the South
(DBN)

Abortion battles fuel push against ballot measures
(DBN)

The Fine Print of the New Anti-Trans Laws
(DBN)

Mother of child who died in Border Patrol custody speaks out: ‘They didn’t do anything for her’
(DBN)

Prosecutors looking into false reports of veterans displaced by migrants
(DBN)

Daniel Penny, who choked a homeless man to death on the subway, says 'it's a little bit comical' because 'I love all people'
(DBN)

Uvalde families dig in for new test of gun industry protections
(DBN)

School gun violence torments America's youngest generation
(DBN)

Abbott Sends Busload of Migrants to Colorado
(DBN)

Student arrested after bringing AR-15, ammunition to a Phoenix high school, police say
(DBN)

NYC hospital employee seen in viral video appearing to take bike from young Black men has receipts showing she rented it, lawyer says
(DBN)

Semi truck driver charged in Oregon crash that killed 7 and injured 4
(DBN)

2024 Republican hopefuls rush to defend Marine who put NYC subway rider in fatal chokehold
(DBN)

Girl, 2, dies after Florida parents 'decided to leave the child in the car', authorities say
(DBN)

A man at a Mets game accused of acting disorderly claimed he was forced to strip naked and sign a contract to get his clothes back: suit
(DBN)

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Judges:

Supreme Court justice ties lessons from reality show ‘Survivor’ into commencement address
(DBN)

Gorsuch Goes Off on Covid 19 Restrictions
(DBN)

The Supreme Court Is Hiding Important Decisions From You
(DBN)

DeSantis asks that judge be disqualified from Disney's free speech lawsuit
(DBN)

In pointed dissent, Justice Kagan accuses fellow liberal Justice Sotomayor of hypocrisy in Warhol decision, says the court is 'trying too hard' and anti-artist ruling will 'stifle creativity' and 'make our world poorer'
(DBN)

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Wall Street:

Stock futures are flat as Wall Street focuses on tense debt ceiling negotiations
(DBN)

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Layoffs:

BT is cutting 55,000 jobs. Its CEO says AI could replace 10,000 of those by 2030.
(DBN)

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Healthcare:

Pear Therapeutics assets sold for $6M at auction after bankruptcy
(DBN)

States with abortion bans could drive away young doctors, survey finds
(DBN)

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Fraud:

Banks Now Targets of US Drive to Uncover Pandemic Loan Fraud
(DBN)

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Politics:

DeSantis stumbles while seeking to stick Trump with loser label Air DeSantis: The Private Jets and Secret Donors Flying Him Around GOP senators unsettled by DeSantis’s escalating fight with Disney NAACP issues shock travel advisory against visiting Florida The Publisher Fighting DeSantis' Book Bans DeSantis Signs Crackdown on Florida High School Athletic Association Florida is a Circus of the Absurd
(DBN)

Texas Closer to Ending DEI in Universities
(DBN)

Trump's 2025 vision, revealed A boast that could sink Trump GOP senator: 'I don’t think Trump can win a general election'
(DBN)

55 Things You Need to Know About Tim Scott Thune, No. 2 Senate Republican, set to endorse Tim Scott's presidential bid
(DBN)

European officials are quietly preparing for the possibility Biden loses the next election
(DBN)

Strange alliances emerge in Tennessee as the GOP governor pushes for gun reform
(DBN)

Republicans deploy new playbook for abortion bans, citing political backlash
(DBN)

Khanna reups call for Feinstein to resign after return to Senate: ‘It’s painful to watch’ Standstill settles in as Dems fret over Feinstein health
(DBN)

PAC to draft Tucker Carlson for president launches
(DBN)

End of an era? GOP walkout shows political chasm where ‘The Oregon Way’ once meant bipartisan trust
(DBN)

The Queers Versus The Homosexuals
(DBN)

“They’re Afraid of the Majority”: Republicans Are Pushing a Quiet Assault on Direct Democracy
(DBN)

The Problem with America's Aging Politicians
(DBN)

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Media:

Digital upstarts like Buzzfeed and Vice have been seen off by the old school they hoped to replace
(DBN)

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Retailing:

As Consumers Pull Back Postpandemic, Troubled Retailers Lose a Lifeline
(DBN)

Final sales ongoing as bankrupt home goods store closes offering 30% off
(DBN)

Foot Locker slumps as weak demand, heavy discounts drive annual outlook cut
(DBN)

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Student Debt:

Meet a teacher with $44,000 in student debt who is worried she'll be thrown back into repayment in a few months without the public service relief she was promised
(DBN)

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Economy:

World watches in disbelief and horror as U.S. nears possible default Biden's grim warning signals a sharp shift before debt ceiling deadline GOP turned down White House offer to freeze spending Debt ceiling deadlock centers on 2024 spending levels Biden and McCarthy set to meet again to try to close distance on debt Biden calls Republican debt ceiling offer 'unacceptable' ahead of call with McCarthy How a 12-year-old playbook is shaping the battle over the debt limit Yellen says June 1 is 'hard deadline' for raising debt ceiling Debt ceiling breach could cut millions of jobs. Here's who would lose employment first ‘Hard choices’ will need to be made about which bills go unpaid if the debt ceiling is not raised, Yellen says House Speaker McCarthy says debt ceiling negotiations can’t resume until Biden returns from G-7 summit US cities with military bases risk economic damage in debt ceiling fight Key sticking points, possible areas of compromise in the debt ceiling showdown Debt ceiling talks back on after GOP negotiators briefly 'press pause' Negotiators resume weekend debt talks as clock ticks How Dems ended up where they swore they wouldn’t be: Negotiating on the debt limit AOC’s advice to Joe Biden on the debt limit showdown Who’s to blame for the national debt? It’s more complicated than one culprit Biden Says He Has Authority to Challenge Debt Limit, but No Time Biden: GOP must move off ‘extreme’ positions, no debt limit deal solely on its ‘partisan terms’ As debt ceiling negotiations go down to the wire, an economic disaster looms that could affect everything from student loans to mortgage payments Liberals Are Persuading Themselves of a Debt Ceiling Plan That Won’t Work Biden teases 14th Amendment "authority" on debt ceiling Biden and McCarthy's shared math problem Banks and Fed are Preparing for US Default Biden ratchets up the pressure as the debt ceiling fight strains his presidency
(DBN)

Missing in this year’s debt-ceiling talks: Democratic demands for new taxes
(DBN)

Extending 2017 Tax Cuts to Cost $3.5 Trillion
(DBN)

Fed's Kashkari open to holding rates steady in Jun
(DBN)

Fed's Powell says risks more balanced, June policy decision unclear
(DBN)

US bank deposits and credit slip in latest week, Fed data shows
(DBN)

Americans' Views of Federal Income Taxes Worsen
(DBN)

More Than a Dozen US States Boast Best Job Markets in Their History
(DBN)

Will Gen Z’s ‘funemployment’ attitude change work in America?
(DBN)

Mark Zuckerberg's Fortune Grew $44 Billion This Year, Most Among Billionaires
(DBN)

Employees say returning to the office is breaking the bank. Here's what's costing them so much
(DBN)

The Real Impact of Immigration on the U.S.
(DBN)

WTO chief pushes for reglobalized supply chains to cut down bottleneck risks
(DBN)

America’s Poverty Is Built by Design
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

Low-income tenants lack options as old mobile home parks are razed
(DBN)

California Homes Destroyed by Landslides
(DBN)

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Municipalities:

Bond traders say appetite for Puerto Rico is high
(DBN)

Detroit enclave built on auto industry struggles under $20M water debt
(DBN)

Texas 'Death Star Bill' heads to Gov. Greg Abbott's desk for signature
(DBN)

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Oil/Gas:

Denmark is Getting Off Fossil Fuels
(DBN)

US Shale Production Set for Rapid Decline
(DBN)

China's EV Market is Exploding
(DBN)

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Celebs:

'If you want the truth, join me': Katie Price announces new career move with sister Sophie as her bankruptcy hearing draws near
(DBN)

Elon Musk: I Went Too Far on George Soros
(DBN)

____________

Sports:

Phoenix Mercury games set to air on broadcast TV despite Diamond lawsuit
(DBN)

____________

Education:

Trans girl misses Mississippi graduation after being told to dress like boy
(DBN)

Suspicion hangs in the air, as activist moms battle over pronouns in schools and gather intel on each other
(DBN)

Florida education officials want to interview students of teacher under investigation for showing Disney movie to class
(DBN)

Book bans soared in the ’70s, too. The Supreme Court stepped in.
(DBN)

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Climate:

Fixing the ozone hole was a bigger deal than anyone realized
(DBN)

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Autos:

China Now World's Top Car Exporter
(DBN)

30 Milli0n Drivers at Risk from Airbag Detonator
(DBN)

As the West surges toward electric cars, here’s where the unwanted gas guzzlers go
(DBN)

A man whose Tesla Model Y caught fire on a California highway says customer service asked him to haul the burned husk of his car to their service center
(DBN)

Why the Detroit automakers are losing ground in the world's largest auto market
(DBN)

____________

Crypto:

Gemini Says Genesis Parent DCG Missed $630 Million Payment
(DBN)

‘Big Short’ author Michael Lewis almost ready to publish book on SBF
(DBN)

Malaysia Says Crypto Exchange Huobi Global Isn't Registered, Must Cease Operations
(DBN)

Bankrupt crypto hedge fund 3AC’s NFT auction fetches $2.5M
(DBN)

A husband hid $500,000 in bitcoin during a divorce—and got busted by a crypto hunter
(DBN)

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Utilities:

These areas of the US at ‘elevated’ risk of blackouts this summer
(DBN)

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Tech:

New AI tool predicts Parkinson’s disease with 96% accuracy — 15 years in advance!
(DBN)

Debate over whether AI will destroy us is dividing Silicon Valley
(DBN)

Inside sex parties loved by Silicon Valley titans
(DBN)

EU hits Meta with record €1.2B privacy fine
(DBN)

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Hotels:

Ex-owner of defunct Bel-Aire Hotel loses his other Millcreek hotel at sheriff's sale
(DBN)

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Awards:

IFLR Americas Awards 2023: winners announced
(DBN)

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New Bankruptcy Opinions
(4 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (25 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (5 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:

Bankruptcies are skyrocketing — and that’s only half the story
(DBN)

Corporate bankruptcies climb year-to-date, tracking toward more normal levels
(DBN)

Foreclosures, bankruptcies remain well below pre-pandemic levels
(DBN)

'I'm going to be a busy guy for years to come,’ says bankruptcy expert
(DBN)

______________

Mass Torts:

Sandy Hook families preparing to sue Alex Jones' wife, family Sandy Hook families seek to reverse payments Alex Jones made to wife Alex Jones could be forced to take back money he gave his wife to pay for $1.5 billion lawsuit
(DBN)

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Aviation:

American and JetBlue airlines must end alliance, US judge rules
(DBN)

American Airlines pilot union reaches tentative deal
(DBN)

CNN report finds cause that contributed to summer flight delays As airlines came under fire for last summer’s flight chaos, many delays could be traced to FAA staff shortages at a key facility
(DBN)

NASA Awards Moon Lander to Bezos Blue Origin
(DBN)

NCLAT upholds Go First bankruptcy proceedings in a setback to lessors Another relief for airline after apex arbitrator NCLAT disallows lessors from repossessing aircraft Financial investors being tapped to bid for Go First Agents reluctant to sell GoFirst tickets
(DBN)

Jet Airways, SpiceJet hit 52-week lows, slip up to 10% in firm market DGCA's Early Red-Flagging Points Out Long Awaited Trouble For Aviation Giant
(DBN)

Iceland’s Niceair to file for bankruptcy
(DBN)

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Labor:

Popeyes shut down a store after teenage workers said they were asked to skip school and do late weeknight shifts
(DBN)

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History:

How Abraham Lincoln Broke the Barrier Between Church and State
(DBN)

____________

Religion:

What Christian Nationalism Has Done to My State and My Faith Is a Sin
(DBN)

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Banking:

America’s Biggest Bank Is Everywhere—and It Isn’t Done Growing - WSJ
(DBN)

Regional Bank Stocks Sink After Yellen's Comments on Mergers
(DBN)

Bankers are better behaved at home than in the office
(DBN)

JPMorgan investors to scrutinize First Republic takeover
(DBN)

____________

Radio:

Is This the Last Days of AM Radio?
(DBN)

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UK:

Begbies Traynor: Jump in businesses going bust lifts firm’s profit guidance
(DBN)

No Longer a Secret: Brexit Has Failed
(DBN)

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EU:

Insolvency Fears Haunt EU Parliament Pension Fund
(DBN)

U.S. pumps the brakes on EU clean car deal
(DBN)

____________

Russia:

Russian private army head claims control of Bakhmut but Ukraine says fighting continues Ukraine deputy defense minister says 'situation is critical' in Bakhmut What Bakhmut means to Russia and Ukraine Zelensky says 'Bakhmut only in our hearts' after Russia claims control Zelensky meets with Biden and denies claims Bakhmut has fallen Ukraine's Zelensky denies that Russian forces are occupying Bakhmut Russia Destroyed Everything in Bakhmut
(DBN)

Zelenskyy making his appeal in person to G7 leaders in Japan could be a 'game changer' as the Ukrainian president seeks more aid and hopes to persuade on-the-fence countries like India
(DBN)

Russia warns West sending F-16s to Ukraine ‘carries enormous risks’: TASS Biden tells G-7 leaders he supports joint training for Ukrainians on F-16s Why Ukraine Needs Those F-16s National security adviser explains why Biden changed his stance on F-16 fighter jets
(DBN)

Russia issues retaliatory arrest warrant for International Criminal Court prosecutor
(DBN)

Diplomatic tour by Ukraine’s Zelenskyy highlights Putin’s stark isolation
(DBN)

The west’s tightening of Russian sanctions is a sign of failure
(DBN)

Ukraine found an unlikely tool to resist Russia: Solar panels
(DBN)

Russia Loses 29 Artillery Systems, 16 APVs in a Day: Ukraine
(DBN)


____________

Cuba:

Russia and Cuba ink deals to revitalize island’s ailing economy
(DBN)

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Hong Kong:

Clearing up the cloud? Perhaps partly, as the Court of Final Appeal affirms the approach to dismissing bankruptcy proceedings in favor of the parties’ agreed forum
(DBN)

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Malaysia:

Bankruptcy tops woes affecting youths, says Hannah
(DBN)

Amendments to Insolvency Act expected to be tabled this week, says Azalina
(DBN)

____________

China:

The Chinese Dream is dead because China's Gen Z is flat broke, and they have the receipts to prove it
(DBN)

G7 Pushes China on Russian War and Taiwan
(DBN)

China's $23 Trillion Debt Mess to Get Worse
(DBN)

____________

Mexico:

10 Massacred in Baja California Road Racing Event
(DBN)

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Northern Ireland:

Sinn Féin scores record win in Northern Ireland as voters rage
(DBN)

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Vietnam:

Struggling Poultry Farmers Seek Support To Avoid Bankruptcy
(DBN)

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