October 2, 2023

The Daily Bankruptcy News

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Law:

'Don't Take Yourself Too Seriously': Advice On Side Hustles From A Lawyer Turned TV Star
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The Depressing Reality Of 'Lawyer Math'
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Worst clubbers? Law students, says door supervisor in viral TikTok
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Skadden, Proskauer Guide XFL, USFL on Possible Football Deal The Biglaw Firms That Might Just Bring Us A Major Spring Football League
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Judge Scheindlin Jumps to Boies Schiller as Stroock Mulls Merger Ex-New York judge Scheindlin heads to Boies law firm as Stroock eyes merger Stroock Suffers High-Profile Departure As Judge Shira Schiendlin Heads To Boies Schiller Amid Merger Talks
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First all-remote, full-time law degree with ABA blessing set to start next fall
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The lowdown on life at a leading US law firm in London
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Trump co-defendant pleads guilty in Georgia RICO case Donald Trump Georgia RICO co-defendant pleads guilty in 'impromptu' court hearing
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Trump floats plan to attend New York trial on business fraud Trump goes to trial in New York before a judge who just ruled he’s a fraud Trump Copes And Seethes As NY Appeals Court Refuses To Stay Next Week's NY Civil Trial Trump Wins Delay on Deposition So He Can Attend Fraud Trial
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Trump's campaign machine is bleeding cash for legal expenses
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Jan. 6 rioter accused of assaulting police with cone-like object pleads guilty FBI arrests Proud Boy who disappeared days before Jan. 6 sentencing
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Judge denies Jeffrey Clark’s attempt to move Georgia case to federal court Federal Judge Tosses DOJ Lawyer Jeff Clark Back To State Court For Trump RICO Case
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Liberal group in Michigan sues to keep Trump off ballot, citing 14th Amendment
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Jack Smith Demands Trump Gag Order Citing Attacks On Judge And Witnesses In Cases Against Him Special Counsel Says Trump Potentially Violated Terms of Release Over Gun Video
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Prosecutors reiterate need for gag order against Trump in 2020 election case Special counsel notes Trump’s gun store visit and Milley remarks in push for gag order
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Proud Boy who disappeared ahead of his Jan. 6 sentencing was found unconscious by agents at his home
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Migrants are being raped at Mexico border as they await entry to US
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Biden to start giving foreign aid for deportations
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Last living suspect in 1996 drive-by shooting of Tupac Shakur indicted in Las Vegas on murder charge
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Philly influencer 'Meatball' sells merch with infamous mugshot after six felony charges At least 61 arrested following 2 nights of looting
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A MAGA-hat wearing man shot a native protester, got in a Tesla, and drove away Man who showed up to statue protest in MAGA hat opens fire, hitting Native American: Cops
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Garland: I'd resign if Biden asked me to take action on Trump
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The dismal tradeoff on police violence in America
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Inside the tactics that won Christian vendors the right to reject gay weddings
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Navy veteran once touted by Trump as 'victim' of #MeToo is accused of murdering his girlfriend and beheading her with electric saw
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Mississippi sheriff who oversaw 'goon squad' was once investigated for subpoenaing his own girlfriend's phone records
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Judge rules school shooter Ethan Crumbley can be sentenced to life without parole
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New Jersey authorities say a man drove into a house, then a police station. He emerged pumping his hands in the air while playing 'Welcome to the Jungle.'
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Federal judge rules against some provisions in Maryland gun control law
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Federal judge lifts some restrictions in North Carolina’s abortion ban
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Appeals court rejects challenge to Tennessee, Kentucky gender-affirming care bans
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Federal court temporarily blocks race-based grant program
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Woman who gunned down colleague at work over argument about 'moving tables' is sentenced
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Woman who tossed kids from bridge to 'meet God' because they had 'germs' gets life
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Judges:

Supreme Court will decide landmark social media cases
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As new term begins, Supreme Court faces fallout from its rightward shift
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Faith in the Supreme Court is down. Voters now say they want changes.
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The Supreme Court will take up abortion and gun cases in its new term while ethics concerns swirl
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Cases to watch in the Supreme Court's new term This Supreme Court Term’s Grimmest Cases Share One Thing in Common
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Who is Arthur Engoron? Judge weighing future of Donald Trump empire is Ivy League-educated ex-cabbie
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5th Circuit Does It Again: Puts Yet Another Law Already Deemed Unconstitutional Into Effect With No Explanation
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Citing Down The Ladder
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Trump's war on federal agencies — fueled by his judges — reaches the Supreme Court
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Wall Street:

Stock futures rise after lawmakers avert government shutdown
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Dow sheds more than 100 points Friday, S&P 500 and Nasdaq wrap worst month in 2023
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European stocks log worst quarter in a year with a drop of 2.9%
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Layoffs:

Workers are worried about AI taking their jobs. Artists say it's already happening.
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Wells Fargo to lay off 525
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Politics:

Biden warns US democracy in peril from 'extremist' Trump Biden previews 2024 message by warning that Trump’s movement is a threat to American democracy
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Trump in new donor push claims a Biden win means ‘this country will die’
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Haley draws Trump’s fury after strong debate showing Trump Campaign Leaves Bird Cage Outside Nikki Haley’s Hotel Room
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Science vs. ‘wokeism’: The growing tensions between the doctors’ lobby and the GOP
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Bob Menendez’s prosecutors are already grappling with some tough Supreme Court precedents
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Arizona’s Governor Didn’t ‘Mysteriously’ Step Down. She Was in DC Less Than a Day and Is Back Now
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Dianne Feinstein, trailblazing California senator, dies at 90 Pioneering Feinstein remembered by women lawmakers: "A force" Feinstein’s Demise is a Warning for Biden and Trump Newsom's complicated choice in replacing Feinstein The race to replace Dianne Feinstein is about to get even more expensive Newsom facing competing pressures as he decides on Feinstein successor Here are the oldest U.S. senators after Feinstein's death Dianne Feinstein leaves stunning properties to her and billionaire husband's feuding kids
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EMILY's List head Laphonza Butler picked to fill Feinstein's Senate seat
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Trump mocks Pelosi family as he rallies conservative support in California
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Sam Bankman-Fried wanted to pay Donald Trump not to run for office. The price? $5 billion, says his biographer.
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Milley says the military doesn’t swear oath to a ‘wannabe dictator’ in apparent swipe at Trump Trump accuses Milley of being ‘slow moving and thinking’ after retirement remarks
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‘There isn't a mainstream mega-donor now not looking at Nikki’: Haley catches post-debate spark Haley draws insults in sign she is gaining ground
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Mike Lindell Says Vendors 'Calling Me Up' as MyPillow Faces Financial Ruin
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Donald Trump Wants Jamaal Bowman to 'Suffer' Like Jan. 6 Rioters
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Gold Bars, Cash Won’t Convict Menendez But These Two Words Might
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How Joe Biden's Kin Profited Off the Family Name. 'The Big Guy Is Calling Me.'
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The MAGAmerican dream lives in Sarasota
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First impeachment inquiry panned -- by Republicans
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Kennedy to Run as Independent Biden Says No Labels 2024 Bid Would Be ‘Mistake’ That Helps GOP
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U.S. Rep. Henry Cuellar’s former staffer running against him as a Republican
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DeSantis says he would not serve as Trump’s VP
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Kitchenware:

Instant Brands Picks Centre Lane as Buyer for its Assets in Bankruptcy
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Crypto:

Bankman-Fried trial poses biggest test to date for crypto's top cop FTX's Bankman-Fried Cannot Blame Lawyers in Opening Statement: Judge Sam Bankman-Fried faces his day in court The trial of Sam Bankman-Fried: Key players The Most Astounding Part of the Sam Bankman-Fried Trial As trial looms, Sam Bankman-Fried’s own words may pose his biggest risk ‘Dark’ donations, free love and the fall: the Sam Bankman-Fried trial is here How long could Sam Bankman-Fried go to jail for? Crypto lawyers weigh in Who’s Rooting Hardest for a Sam Bankman-Fried Conviction? The Crypto Industry Sam Bankman-Fried's fraud trial: How will he defend himself?
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Sam Bankman-Fried opposes Ukraine FTX victim testifying remotely, lawyers tell trial judge
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Short seller Jim Chanos slams Michael Lewis' defense of FTX and compares the failed crypto exchange to Enron Sam Bankman-Fried was a horrible manager, says 'Big Short' author Michael Lewis
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Crypto Industry Grapples With FTX Fallout As Trial Looms
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Will FTX Creditors Get Their Money Back As Payment Ratio Rises FTX’s Creditor Payment Ratio Surges Amid Bankruptcy Proceedings
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Bankrupt FTX Group Considers Clawing Back Athlete Payments Amid Financial Crisis
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Michael Lewis breaks down Sam Bankman-Fried's rise, fall Sam Bankman-Fried would readily choose a Brooklyn jail cell with internet access over a $39 million Bahamas penthouse that doesn't have Wi-Fi, author of FTX book says Anna Wintour wanted Sam Bankman-Fried to sponsor the Met Gala, but he had no idea who she was, FTX book author says Bankman-Fried Saw Missing FTX Billions as ‘Rounding Error,’ Biographer Says
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SEC initiates legal action against FTX’s auditor
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Fugitive founder of crypto hedge fund that lost $10 billion arrested in Singapore Three Arrows Founder's Arrest Marks Downfall of Crypto Highflier
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BlockFi Says It's Taken Major Step Toward Emerging From Bankruptcy
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FTX customers who lost a fortune on the bankrupt exchange are doubling down on crypto
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Cryptocurrency Exchange’s Outlandish Plan to Purchase Entire Nation Revealed in Lawsuit
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Radio:

Capital Public Radio projected to be insolvent by January, Sacramento State says
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Sports:

Bankrupt Diamond Asks Court For Another Extension on Bally Sports Restructuring Plan
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Private Equity:

Where Are All the Private Equity Bankruptcies?
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Gig Economy:

Airbnb guest ties up and robs Georgia homeowner at gunpoint, police say
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Airbnb Is Fundamentally Broken, Its CEO Says. He Plans to Fix It.
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Economy:

Personal Income increased 0.4% in August; Spending increased 0.4%
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New York, California Income Fell for First Time Since 2009
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Citigroup CEO Jane Fraser sees ‘cracks’ emerging among some consumers as savings dry up
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The Fed’s favorite inflation indicator rose less than expected in August
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Fed and ECB Tread Hopefully Into Final Stretch of 2023
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Q3 GDP Tracking: Around 3%
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Why a US Recession Is Still Likely — and Coming Soon
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Inflation pressures are finally receding. Here's what it looks like
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What the plastic surgery industry can tell us about the path of the economy
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Some Democrats fear Bidenomics branding is backfiring
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House GOP stunner: Spending patch passes with mostly Dem votes Congress delays government shutdown deadline until November Biden warns MAGA Republicans will try to thwart the next funding deal Shutdown averted: Senate clears stopgap bill with hours to spare Government shutdown averted in last hour after Biden signs bill: recap Why McCarthy decided to take on his right flank and prevent the shutdown Shutdown averted: Political winners and losers Biden ‘sick and tired’ of brinkmanship after Congress narrowly avoids shutdown
(DBN)

Does working from home damage productivity? Just look at the data.
(DBN)

The House GOP's funding patch fails, teeing up shutdown House Republicans to vote on 45-day, clean stopgap funding bill McCarthy dares critics to remove him over clean stopgap: ‘Go ahead and try’ GOP Rep. Byron Donalds says McCarthy ‘in trouble’ Gaetz says he’ll push to unseat McCarthy this week Gaetz’s plan to oust McCarthy meets chilly Dem reception Possible Gaetz Expulsion Picks Up Steam Among House Republicans Centrist Republican: Gaetz attacks on McCarthy ‘a diatribe of delusional thinking’ Ocasio-Cortez says she’d ‘absolutely’ vote for motion to get rid of McCarthy as Speaker 'It is a surrender': Why McCarthy reversed with his survival uncertain ‘Adopt Kevin or ditch him’: McCarthy’s speakership now at the mercy of Dems Rep. Jason Smith calls Gaetz’s push to oust McCarthy a ‘waste of time’ House Republicans cancel planned recess as government shutdown appears more likely GOP infighting is bringing the country to a standstill, but even Republicans aren't entirely sure why The hypocrisy of GOP House members on the government shutdown What would a government shutdown mean for me? SNAP, student loans and travel impacts, explained Looming shutdown rattles families who rely on Head Start program for disadvantaged children McCarthy gets unexpected win in key procedural vote Amid GOP confusion, U.S. braces for ‘first-ever shutdown about nothing’ 9 ways a government shutdown could affect your daily life Janet Yellen warns shutdown would be ‘dangerous and unnecessary’ What Shutdown? Downtown D.C. Is Already a Ghost Town McCarthy Says 'Nothing' in Back Pocket: 'I'm Broke' McCarthy's weekend from hell GOP tensions flare as McCarthy grasps for shutdown solution Gates will be locked and thousands of rangers furloughed at national parks if government shuts down Biden says shutdown isn’t his fault. Will Americans agree? What closes and what keeps running in a federal government shutdown A simple way to prevent government shutdowns
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3.5M workers will go without pay in shutdown
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‘I see more fear than anytime in my business career,’ says BlackRock’s Larry Fink
(DBN)

Why A US Recession Is Still Likely - And Coming Soon
(DBN)

Don’t Expect the Same Raise You Got Last Year
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How much money you need to make to be in the top 1% in every U.S. state
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US Debt Clock
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World Debt Clock
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How People Really Live
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Real Estate:

Freddie Mac House Price Index Increased in August to New High; Up 4.0% Year-over-year
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Severe Crash Is Coming for US Office Properties, Investors Say
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Fannie and Freddie: Single-Family Mortgage Delinquency Rate Declined, Multi-Family Increased in August
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PCE Measure of Shelter Slows to 7.4% YoY in August
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Blocked by Wall Street: How homebuyers are being outbid in droves by investors
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Biden's top economist says the key to ending the housing crisis is giving cities and developers monetary incentives to build more affordable homes
(DBN)

California governor signs law to bolster eviction protections for renters
(DBN)

How Florida became America's 2nd-most-valuable housing market
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Tech workers are paying up to $700 a month for tiny bed 'pods' in San Francisco
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Popular mall files for bankruptcy with over $60,000 sales tax debts but store plans to stay open for now
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Labor:

ILWU dockworkers union files for Chapter 11 bankruptcy protection West Coast Dockworkers Union Files for Bankruptcy to Weather Port Lawsuit ILWU Files for Bankruptcy to End ICTSI's Work-Slowdown Lawsuit
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UAW workers and Mack Trucks reach deal to avoid strike
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Ford CEO says UAW is ‘holding the deal hostage’ over EV battery plants Ford: EVs aren't going to cost jobs UAW fires back at Ford's claim that a deal is close
(DBN)

UAW Strike Spreads to More GM, Ford Plants Ford warns extended UAW strike could result in up to 500,000 supplier employee layoffs
(DBN)

How Tesla is at the center of the UAW strikes
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United Airlines pilots approve new contract with up to 40% raises
(DBN)

A contract for 75,000 workers is about to expire. The largest US health care strike in history could be next
(DBN)

What the Hollywood Writers Gained Peak TV Is Over. A Different Hollywood Is Coming - WSJ
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NLRB judge: Starbucks violated labor law in offering pay raises, benefits to nonunion workers
(DBN)

Detroit casino workers approve strike authorization at three casinos
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Autos:

Tesla’s new Mexico factory divides a city
(DBN)

Why Used Cars are 33% More Expensive
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Drivers Are Buying New Cars to Replace Older Models, Even With Surging Prices
(DBN)

Ebay Could Owe $1.9 Billion in Fines for Allowing Sale of 343,000 Emissions Defeat Devices
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Healthcare:

SmileDirectClub Files for Bankruptcy, Capping Years of Losses SmileDirectClub's stock plummets 85% after Chapter 11 bankruptcy filing
(DBN)

Andreessen Horowitz And Others Poured $200 Million Into Startup Health IQ - Now It's Bankrupt
(DBN)

A government shutdown will stop ‘bread-and-butter mental health care’ at community health centers
(DBN)

The prices hospitals post online can be wildly different than what they tell patients over the phone
(DBN)

Kaiser Permanente workers say they are unlikely to reach deal to avert strike
(DBN)

Sept 29th COVID Update: Deaths and Hospitalizations Increased
(DBN)

A rise in workplace suicides has put companies on the front lines of a mental-health crisis - WSJ
(DBN)

6th Circuit upholds bans on transition treatment for transgender minors
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Climate:

New York City in state of emergency as rains flood subways, roads and basements Here's why New York City floods are getting worse and more frequent Rain wallops NYC, and the response draws deluge of critiques New York City area gets one of its wettest days in decades, as rain swamps subways and streets On floating cars, subway slip-‘n-slides, and a whirlpool in Brooklyn Flights canceled, subways shut, cars submerged - and even a sea lion swim for freedom New York stunned and swamped by record-breaking rainfall as more downpours are expected
(DBN)

The “new abnormal”: The rise of extreme flooding, briefly explained
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No water, roads or emergency services: How climate change left a rural neighborhood nearly uninhabitable
(DBN)

Calif. Companies Now Have to Report Emissions
(DBN)

Automakers say they face $14 billion in fines from Biden's 'unfeasible' fuel rules
(DBN)

Climate Looms Large Over Middle East’s Biggest Oil Gathering
(DBN)

Twin Cities Marathon canceled due to extreme heat
(DBN)

The Mississippi River's flow is the weakest it's been in 35 years. Seawater overtaking the river could make New Orleans' drinking water too salty for months New Orleans bracing for major threat to drinking water supply
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Banking:

US CFTC orders 3 major US banks to pay over $50 million for swap reporting failures
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Food/Beverage:

Court orders Subway franchise owners to pay workers nearly $1M - and to sell or close their stores
(DBN)

Bankrupt Burger King Franchisee Unloads Nearly 6 Dozen Stores
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Fraud:

September 2023 Ponzi Scheme Roundup
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Former Staples exec sentenced in college scheme
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Agribusiness:

In a remote, dry patch of California, a battle is raging over carrots
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Hotels:

Occupancy Rate Decreased 1.6% Year-over-year
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Cruise Lines:

Chair hogs, dining divas, boorish boozers and other dreaded passengers on cruise ships
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Fraud:

All I wanted was a swimming pool. What I got was a $31,000 lesson in Zelle fraud.
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Auto Racing:

“Bankruptcy Incoming” – Kyle Busch Raises Skepticism as Fans and Critics Heave Questions About Legitimacy of New Owners
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Student Debt:

What a shutdown would mean for student loan borrowers
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How the Biden administration is trying to manage the student loan restart
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Student loan bills resume for 40 million Americans. How it could shake the economy
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Biden administration announces next steps for student debt relief
(DBN)

After 3 years, student loan payments are back
(DBN)

An overlooked group of borrowers will be hit hard as student loan repayments resume, former Fed economist says
(DBN)

Here’s an idea to solve the college debt crisis: Student Loan Bonds
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Corporate Reform:

Consumer bureau poised for the fight of its life before Supreme Court Supreme Court Weighs Fate of Consumer Agency That Vexes Banks, Riles GOP
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New Bankruptcy Opinions
(9 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (90 new filings today)
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Recent Ch. 11 Adversary Proceeding Filings (6 new filings today)
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Chapter 11 Bankruptcy Case Studies
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Bankruptcy Statistics:

Large Company Bankruptcy Filings “Surged” in Year’s First Half
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Small Business Bankruptcies Rising at Worst Pace Since Pandemic - WSJ
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Global Business Insolvencies Escalate Amid Pandemic Fallout and Tightening Financial Conditions
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UST:

Refundability of unconstitutional UST fees added to Supreme Court calendar
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An Update on the Ongoing Fight Over the United States Trustee’s Fees
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Mass Torts:

Archdiocese of Baltimore files for Chapter 11 bankruptcy amid potential child sex abuse lawsuits Baltimore Archdiocese, Bracing for More Abuse Claims, Files for Bankruptcy Archdiocese of Baltimore, More than 200 Years Old, Files for Bankruptcy Baltimore archdiocese declares bankruptcy as sexual abuse lawsuits loom Baltimore Archdiocese Files for Bankruptcy Before New Law on Abuse Lawsuits Takes Effect Archdiocese should raise funds for its victims If Baltimore archdiocese wants bankruptcy protection, it ought to give up nonprofit status Baltimore Archdiocese Files for Bankruptcy As State Ends Shield Against Old Claims
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New rights for child sex abuse victims to take effect in Md. 'Child Victims Act' now in effect in Maryland. Here's what it means for sex abuse survivors
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These two moms lost sons to opioids. Now they’re on opposite sides at the Supreme Court.
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Safe Harbors:

Court's Broad Interpretation of Definition of "Securities Contracts" Promotes Expansive Scope of Bankruptcy Code "Safe Harbor"
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Bankruptcy Exemption of Repo Markets: Too Much Now for Too Little Tomorrow?
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UCC:

Secured Creditor's Rights in Receivables Are Paramount
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Mootness:

Sixth Circuit: Equitable Mootness Does Not Bar an Appeal in a Chapter 7 Case
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Appeals:

Ninth Circuit: Standard for Constitutional Standing Applies to Bankruptcy Appeals
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Intercreditor:

Texas Bankruptcy Court Blesses Serta Chapter 11 Plan Over Objections of Lenders Excluded from "Position Enhancement Transaction"
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Bankruptcy Research:

Startup Failure
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Avoidance Actions:

Circuit Split Widens on Extent of Abrogation of Sovereign Immunity for Governmental Units in Bankruptcy Avoidance Litigation
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Seventh Circuit: No Avoidance of Preferential or Fraudulent Transfer Absent Diminution of the Estate
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Aviation:

Wild videos show flooded LaGuardia Airport terminal, travelers attempting to flee ankle-deep waters
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Woman shocks passengers by wearing 'nothing from waist down' in airport
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Weight-Loss Drugs Estimated to Save Airlines Millions
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Too Expensive, Too Scarce: Doubt Sets in On Green Aviation Fuel
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Childcare:

Child Care Staffing Cuts, Closures Are Coming as Funding Cliff Approaches
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Cannabis:

If marijuana is rescheduled, will it be legalized nationwide?
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Newspapers:

The police chief who led a raid of a small Kansas newspaper has been suspended
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Retailing:

6 years after declaring bankruptcy, Toys R Us will return with 24 stores across the US
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Trump calls for store robbers to be shot in speech to California Republicans
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Tech:

Musk Dislikes Govt Rules -- Unless He Proposes Them - WSJ
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Tax:

IRS contractor charged with leaking tax return info of wealthy IRS consultant charged with leaking Trump’s tax information
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Pharma:

Federal judge declines to block Medicare drug price negotiations
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Pharmaceutical companies tight-lipped on reason for hydrocodone shortage
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History:

America Helped My Ancestors Flee Antisemitism. The Lakota Paid the Price.
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Education:

In Florida schools, parent permission now a must for many more activities
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Attorneys for college taken over by DeSantis allies threaten to sue ‘alternate’ school
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Idaho Sheriff Won’t Return Library Books He Thinks Are Obscene
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Sovereigns:

Argentina says US$16-billion US judgment is 20% of its budget
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Sri Lanka’s creditors likely to reach debt reduction deal in Oct
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UK:

Directors’ Knowledge And The Duty To Creditors.
(DBN)

As Britain’s town hall services crumble, the case for reform is overwhelming
(DBN)

Guildford issues bankruptcy update as 'significant overspend' in housing revealed
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Birmingham City Council’s seven-point ‘bankruptcy’ recovery plan - including Council Tax
(DBN)

Bankrupt Birmingham Council spent £4.5million on mostly online tuition and unsupervised 'home study' for expelled children
(DBN)

Buckingham Group owed £108m at collapse
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UK Retailers Demand Crackdown to Stop Wave of Shoplifting
(DBN)

Huge new blow for Wilko as creditors face vast losses with 400 stores closing & jobs axed
(DBN)

Half a million sole traders could see bankruptcy over the next year, Tide says
(DBN)Water Bills to Rise 35% By 2030 in England To Fund Investment
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Russia:

Russia Drafts 130,000 New Conscripts Russia to begin drafting soldiers from occupied regions of Ukraine
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Putin Says Waging War in Ukraine Defends Russia’s ‘Sovereignty’
(DBN)

A Ukrainian soldier called up Russian tech support when his captured Russian tank wouldn't start: report
(DBN)

Graham says Ukraine aid will not be separated from border funding McCarthy: Border is bigger priority than Ukraine White House prepares to fight for Ukraine aid after shutdown averted OMB chief confident Ukraine aid will come through Biden says there’s ‘not much time’ to keep aid flowing to Ukraine and Congress must ‘stop the games’ Biden Urges McCarthy to Secure Ukraine Aid Left Out of Stopgap White House Seeks to Reassure Ukraine After Aid Funding Omitted What Ukrainians have to say about the lack of Ukraine funding in the US spending bill Inside the Senate's looming showdown over the future of Ukraine Biden says there’s ‘not much time’ to keep aid flowing to Ukraine and Congress must ‘stop the games’
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Leaked doc shows Biden admin is more worried about Ukraine corruption than it says publicly
(DBN)

Ukraine Ready to Load Five Grain Ships Despite Russian Threats
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Anger grows over Ukraine's largest Orthodox church, aligned with Moscow despite war
(DBN)

Ukraine’s War of Drones Runs Into an Obstacle: China
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China:

Why Evergrande’s Problems Are Only Getting Worse Evergrande founder joins list of Chinese tycoons investigated, arrested Anxious Chinese home buyers reel from crisis Evergrande crisis: Hui’s ‘arrest’ clouds debt-support deal with offshore creditors, access to assets Evergrande sold yacht this year, say sources, as creditors sharpen focus on offshore assets
(DBN)

China Says US Is the True 'Empire of Lies'
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China Manufacturing Activity Expands for First Time Since March
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China’s Precarious Economic Recovery Signals More Support Needed
(DBN)

How Xi Jinping’s ‘Red Empire’ dream crumbled
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Does China's Property Bust Make a Financial Crisis Inevitable?
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Germany:

Nazi Barbs in Bavaria Revive Germany’s Struggles With Its Past
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France:

Debt-laden Casino seals sale of first batch of 61 stores to Les Mousquetaires French retailer Casino extends deadline with creditors to Oct. 3
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Brazil:

Amid Unpaid Debts and Store Closures, Americanas Faces an Uncertain Future
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India:

Centre seeks capacity for 1k IBC cases
(DBN)

Don’t Settle. IBC Cases. NCLT progress on the rise, but MCA warns of a ‘Large Gap’
(DBN)

300 IBC cases set to be resolved this year: Corporate affairs secretary
(DBN)

IBBI’s new measures aim to boost efficiency in personal guarantor insolvency
(DBN)

NCLAT Fortnightly: Important orders on IBC (August 1, 2023 –August 15, 2023)
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Sweden:

Swedish Bankruptcies Jump 14% in September on Construction Slump
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Singapore:

When Restructuring And Insolvency Regimes Collide
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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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