September 11, 2023

The Daily Bankruptcy News

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Law:

Top Walmart Trial Lawyer, 47, Retires for ‘Second Shot at Life’
(DBN)

Oregon and Kentucky law schools are back in compliance, ABA Legal Ed Section says
(DBN)

The Best Law Review Of Them All
(DBN)

Someone Keeps Editing Joshua Wright's Wikipedia Page To Downplay The Whole 'Sleeping With 1Ls' Thing
(DBN)

Cahill Is Experiencing Some Pain Points Thanks To Slowdown In Leveraged Finance Work
(DBN)

How Law Firms Use AI To Write Blog Posts Efficiently
(DBN)

Sheriff calls Trump’s attitude while surrendering ‘stoic’
(DBN)

Judge refuses to move prosecution of Mark Meadows to federal court
(DBN)

Judge releases special grand jury report that helped indict Trump in Georgia
(DBN)

Jim Jordan Can Start S---, But DA Willis Is Gonna Finish It
(DBN)

Trump Fared Better Than Most in Georgia Special Grand Jury Votes
(DBN)

Giuliani asks judge to rescind charges in Georgia election case citing ‘deficiencies’
(DBN)

Jan. 6 rioter with gas mask, accused of breaching Capitol entrance arrested by FBI Conservative activist’s son found guilty of bashing window, leading mob in Jan. 6 riot
(DBN)

How Lindsey Graham escaped charges in Georgia Georgia grand jury recommended charging Lindsey Graham
(DBN)

Peter Navarro Becomes Roadkill
(DBN)

‘I’ve never seen anything like this’: Giuliani poll stuns data reporter
(DBN)

President Biden Keeps Hunter Close Despite the Political Peril What’s next for House GOP Biden investigations
(DBN)

Paxton’s former top aide wonders whether he had been blackmailed, aide testifies in impeachment trial In Ken Paxton's impeachment trial, the defense and prosecution are scoring wins
(DBN)

New Mexico gov issues order suspending right to carry firearms in public across Albuquerque Gun rights group sues New Mexico over order banning guns in public in Albuquerque
(DBN)

How Florida's new immigration law could slow hurricane recovery efforts
(DBN)

Mike Lindell blasts ‘frivolous’ and ‘evil’ lawyers in heated deposition ‘You’re Not My Boss’: Mike Lindell Lashes Out at ‘Rotten, Horrible Lawyers’ and Judge in Deposition
(DBN)

Court eases curbs on Biden administration's contacts with social media firms
(DBN)

As Migrants Are Placed Around Massachusetts, Towns Are Welcoming but Worried NYC Mayor Seeks 5% Cuts Across Agencies as Migrant Costs Mount
(DBN)

Abortion pill maker and DOJ ask Supreme Court to review ruling that limited access Abortion rights at stake as Florida court weighs DeSantis-backed ban
(DBN)

NYC kids being used to rob businesses like modern day ‘Oliver Twist’
(DBN)

Man admits role in cadaver-stealing network that allegedly included Harvard morgue manager
(DBN)

Girlfriend 'watched' as ex-boyfriend executed her grandma, then killed her, ran over body
(DBN)

Husband killed wife with nail gun day before court hearing, sent kids 'goodbye' text
(DBN)

'No attorney can satisfy her': Lawyer is absolutely fed up with murder defendant client
(DBN)

Country star Zach Bryan issues mea culpa after arrest for getting lippy with cop
(DBN)

Man wearing bear slippers shot to death while trying to repossess vehicle: Report
(DBN)

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Judges:

What Ginni Thomas and Leonard Leo wrought: How a justice’s wife and a key activist started a movement Ginni Thomas and Conservative Activists Worked Together to Exploit Citizens United Ruling: Report
(DBN)

Justice Alito rebuffs Senate Democrats' call for recusal in tax case Justice Alito sees ‘no sound reason’ to recuse in tax case involving lawyer who interviewed him for newspaper Samuel Alito Isn't Going To Recuse Himself No Matter How Bad That Makes Him Look
(DBN)

The Wisconsin plan to overturn an election
(DBN)

We've Entered The 'Hopes And Wishes' Phase Of SCOTUS Accountability
(DBN)

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Wall Street:

Stock futures gain to start the week
(DBN)

Fear of Stock Market Dive Creeps Back as Hedging Costs Climb
(DBN)

Experts are split on whether stocks will beat the 'September Effect' – Ed Yardeni warns of pain while Bank of America sees room for gains
(DBN)

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Layoffs:

Flexport CEO says he's rescinding job offer letters for candidates joining as soon as Monday: 'I have no ideas why more than 75 people were signed to join'
(DBN)

Hundreds Left Jobless as Florida Car Dealer Chain Declares Bankruptcy
(DBN)

UBS to Cut Hundreds of Wealth Jobs in Asia as Activity Slows
(DBN)

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Climate:

Smoke from wildfires may increase risk of dementia, study finds
(DBN)

Phoenix has set another heat record by hitting 110 degrees on 54 days this year
(DBN)

A first: Category 5 storms have formed in every ocean basin this year
(DBN)

Scorching heat wave pushes U.S. Open players to the brink
(DBN)

Biden Says Climate Change Poses Greater Threat Than Nuclear War
(DBN)

Extreme Heat Is Fast Becoming a Threat to Global Fuel Security
(DBN)

As School Started in the US, So Did the School Closures for Heat Puerto Rico’s public schools clamor for air conditioning to get relief from record-breaking heat
(DBN)

Climate Change Is Causing an Insurance Crisis in Louisiana
(DBN)

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Tech:

Poll: Americans believe AI will hurt elections
(DBN)

Elon Musk's X sues California over the state's content moderation law
(DBN)

Twitter hits decade low in downloads post “X” rebranding, a steep 30% drop in 60 days
(DBN)

Musk defames the ADL Elon Musk’s Antisemitism Problem Isn’t About Free Speech
(DBN)

Elon Musk Wants to Save Humanity. The Only Problem: People.
(DBN)

The Technology Facebook and Google Didn’t Dare Release
(DBN)

ChatGPT web traffic drops for third straight month
(DBN)

In U.S.-China AI contest, the race is on to deploy killer robots
(DBN)

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Festivals:

Burning Man vehicles caked in mud are reportedly damaging some car washes — and some burners are being refused service altogether
(DBN)

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Fashion:

Dressing Like a 1950s Housewife Is Not Just for ‘Trad Wives’ - WSJ
(DBN)

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Utilities:

Extremists keep trying to trigger mass blackouts — and that’s not even the scariest part
(DBN)

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History:

Our Supposedly Glorious Past Existed Only for Some
(DBN)

How Hippies Saved the Fourth Amendment
(DBN)

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Tourism:

Maui lifting most tourism restrictions next month A month after deadly Maui fire, 66 people still missing
(DBN)

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Autos:

Cerberus-Owned Used-Car Dealer Files for Chapter 11 Bankruptcy
(DBN)

Major car dealership files for bankruptcy and abruptly closes all its locations laying off hundreds of workers
(DBN)

After bankruptcy filing, Off Lease Only hopes to refund $350,000 in customer deposits
(DBN)

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Buses:

Electric bus bankruptcy further complicates Iowa test project
(DBN)

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Furniture:

Bankrupt Mitchell Gold Sued Over Sudden Shutdown
(DBN)

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Economy:

Why America's deficit doubled to $2 trillion in one year
(DBN)

Suits and ties disappearing from many office spaces, survey shows
(DBN)

American economic power is potent but unstable
(DBN)

Fear of Being Made Obsolete Grips College-Educated US Workers
(DBN)

What do rising corporate bankruptcies say about the economy?
(DBN)

The dollar wiped out this year's losses over the past 2 months following a barrage of strong economic data
(DBN)

Yellen ‘Feeling Very Good’ About Soft Landing for US Economy
(DBN)

Wall Street Fears a Too-Hot Economy as Recession Bets Plunge
(DBN)

Top 10 cities around the world with most ultra-wealthy people
(DBN)

Grindr loses about half its workers after trying to make them come back to the office
(DBN)

Executives Go Quiet on Diversity After Affirmative Action Ruling, Conservative Threats
(DBN)

Companies Bet Against High for Long in Bond Blitz
(DBN)

The Permanent Crisis Economy
(DBN)

U.S. debt is nearly $33 trillion. But some economists say not all debt is bad.
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

Baby boomers may be to blame for today's housing imbalance, Barclays says
(DBN)

Months after Supreme Court ruling, 'equity theft' law still on the books in Mass.
(DBN)

Landlords Ponder Whether to Cave to WeWork's Demands for Better Lease Rates
(DBN)

Pandemic Population Boom in Rural Hotspots Sparks Resentment
(DBN)

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Municipalities:

Cash-strapped New Yorkers are doing the unthinkable: Moving to Jersey City
(DBN)

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Oil/Gas:

Oil prices are surging again, but this time Biden has way less ammunition to bring them down
(DBN)

Why Trump’s tax law could limit Biden’s efforts to protect Arctic wildlife from drilling
(DBN)

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Politics:

‘We’re Bankrupt’: Leaked Meeting Reveals Project Veritas On Verge of Collapse
(DBN)

The GOP Turned Its Back on Science. So Science Turned Its Backs on the GOP.
(DBN)

The Macabre Scene as Mitch McConnell Returns to the Senate
(DBN)

Trump stirs speculation over second GOP debate
(DBN)

Trump tells supporters how extreme his second term would be
(DBN)

Trump in South Dakota: Decision to overturn Roe v. Wade ‘probably cost’ GOP politically
(DBN)

Trump, the ultimate attention seeker, wages a campaign largely out of public view
(DBN)

Trump and Biden hunker down for 2024 bunker campaigns
(DBN)

Trump told Masters he’d likely lose to Lake in Arizona: report
(DBN)

Trump met with ‘USA’ chant, large crowd outside Iowa-Iowa State game Cheers and Jeers for Trump in Iowa A 'Where's Melania?' banner was flown over an Iowa football stadium just before Trump, DeSantis, and other presidential hopefuls arrived
(DBN)

Colorado secretary of state calls Trump a ‘liar,’ vows to see ballot lawsuit through Trump blasts ‘slime balls’ who sued to keep him off Colorado ballot
(DBN)

Could Trump be blocked from ballot? 14th Amendment raises eligibility arguments
(DBN)

Trump’s Resilience Leaves Anxious G.O.P. Donors in Despair and Denial
(DBN)

Democrats express frustration with Biden’s moribund poll numbers Bad Biden polls stoke third-party angst for Democrats It's Time For Biden To Leave The Stage Five Democratic alternatives if President Biden exits the 2024 race
(DBN)

Over 75% of voters want maximum age limit for elected officials, poll shows
(DBN)

US Officials Should Reveal More Health Records, GOP Senator Says
(DBN)

Biden's broken bully pulpit
(DBN)

White House staff abruptly end Biden's rambling Vietnam press conference mid-sentence and cut his mic
(DBN)

Ohio’s working class felt deserted by Democrats. Can Biden win them back?
(DBN)

Pelosi: I’m Running Partly to Thwart Trump Inside Nancy Pelosi’s Fight For San Francisco
(DBN)

Ramaswamy says he’d deport children of undocumented immigrants, calls 14th amendment ‘contested’
(DBN)

Key House Democrat wants Senate rule change over Tuberville military hold McCaul: Tuberville is Paralyzing the Pentagon
(DBN)

New poll finds California voters resoundingly oppose cash reparations for slavery
(DBN)

Elizabeth Warren Has Raked In $4.6 Million In Book Payments While A Senator
(DBN)

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Trucking:

Nikola truck erupts in flames again, company still suspects 'foul play'
(DBN)

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Crypto:

FTX seeks to reverse payments made to Shaq, Naomi Osaka and Miami Heat
(DBN)

If You Lost Money When Crypto Exchange FTX Went Bankrupt, You Have a Few Weeks Left to Make a Claim
(DBN)

Texas Bitcoin Miners Are Shuttering Operations While Power Crisis Intensifies
(DBN)

How the largest U.S. crypto exchange is brawling with the SEC
(DBN)

Solana falls 6% amid fears of FTX dump — but there's a catch
(DBN)

FTX sues LayerZero Labs, seeks to recover over $21M moved prior to bankruptcy
(DBN)

Steve Kokinos, Creditors Named to Run Celsius 2.0
(DBN)

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Healthcare:

Texas hospital files for Chapter 11 protection The Hospital at Westlake Files for Chapter 11 Bankruptcy Protection Amid Turbulent Times for the Industry
(DBN)

U.S. bankruptcy trustee objects to Mercy Hospital attorneys, interim management
(DBN)

Medical debt nearly pushed this family into homelessness. Millions more are at risk
(DBN)

Florida Surgeon General goes on anti-vaccine rant against new COVID-19 booster
(DBN)

‘We would’ve done everything differently’: Newsom reflects on Covid approach
(DBN)

Biden admin wants employers to make opioid overdose reversal drug available
(DBN)

US CDC says existing antibodies can work against new COVID variant
(DBN)

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Tax:

IRS announces new plan to hire more agents for high-dollar cases to keep ‘wealthiest filers accountable’
(DBN)

IRS will use AI to crack down on wealthy potential tax violators
(DBN)

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Student Debt:

Meet a Gen Xer with $145,000 in student debt who said she had to sell items on eBay to afford loan payments: 'It makes me feel tremendously hopeless'
(DBN)

Student Loan Uprising As 1 in 4 Consider Refusing To Make Repayments
(DBN)

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Retailing:

Why Some Ex-Workers at Bed Bath & Beyond Face 401(k) Losses
(DBN)

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Fraud:

US Judge Says 2008 Bank Fraudsters Got Off Easy
(DBN)

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Pharma:

Durham pharma Novan to sell assets in bankruptcy case
(DBN)

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Lehman:

How It Went Down: Three Accounts Of The Lehman Bankruptcy
(DBN)

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Newspapers:

‘Santa Barbara News-Press’ Owner Wendy McCaw Questioned During Bankruptcy Proceedings
(DBN)

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New Bankruptcy Opinions
(6 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (21 new filings today)
(DBN)

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

Chapter 11 Bankruptcy Case Studies
(DBN)

Bankruptcy Statistics:

People who ‘manifest’ big dreams are more likely to go bankrupt: study
(DBN)

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Mass Torts:

New Orleans archbishop: local Catholic institutions must help with cost of clergy abuse claims Bankruptcy filing to impact more than administrative offices of Archdiocese of New Orleans
(DBN)

Kroger agrees to pay $1.2B to settle opioid lawsuits
(DBN)

Catholics condemn Archdiocese of Baltimore for bankruptcy response to sexual abuse lawsuits
(DBN)

Amid pausing of Purdue Pharma's $225M opioid settlement meant for Pa., larger issues about priorities arise
(DBN)

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Discovery:

Preparing for the Fishing Expedition
(DBN)

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Aviation:

FAA: SpaceX Can't Launch Again Until Fixes are Made
(DBN)

Go First lenders likely to extend deadline seeking investor interest: Sources
(DBN)

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Personal Finance:

I worked 2 full-time jobs and made $211K a year. The main downside of double-dipping was that I had no social life, but it wasn't that hard to do both jobs.
(DBN)

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Cannabis:

Cannabis Rescheduling Will Not Open Bankruptcy Doors
(DBN)

Marijuana rescheduling falls short of expectations on Biden
(DBN)

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Education:

Alderson Broaddus bankruptcy leaves Barbour community with more questions
(DBN)

Virginia Went to War Over History. And Students Actually Came Out on Top.
(DBN)

University of Florida president Ben Sasse says professors shouldn't feel stifled by the state's new law stipulating they can't 'distort' history in their teachings
(DBN)

Michigan State University football coach Mel Tucker suspended without pay amid investigation into reported accusation of sexual harassment
(DBN)

New Texas law allows schools to hire proselytizing chaplains to replace counselors
(DBN)

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Labor:

A big auto workers’ strike could hit next week — with Biden’s policies in the balance
(DBN)

Even Brief UAW Strike Seen Causing Billions in US Economic Damage
(DBN)

The 4 key reasons why the UAW could strike GM, Ford and Stellantis
(DBN)

Auto workers reject Detroit Three contract offers, ready to strike
(DBN)

Why autoworkers' leader is calling for a 4-day work week from Big 3 car makers
(DBN)

____________

Television:

Streaming Has Reached Its Sad, Predictable Fate
(DBN)

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Religion:

He was Mormon royalty. Now his lawsuit against the church is a rallying cry.
(DBN)

Why the Next Pope Won't Be Good News for American Conservatives
(DBN)

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Sovereigns:

Greece hopes for investment boost after key credit rating upgrade
(DBN)

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UK:

High Court Considers Creditor Duties in Face of Solvency-Threatening Claims
(DBN)

UK insolvency firms face formal regulation for first time
(DBN)

For one UK city, the cost of underpaying women is bankruptcy Bosses at five councils facing bankruptcy are pocketing more pay than the PM with CEO of cash-strapped Birmingham getting wage rise of nearly a third since last year Councils across the country are on the brink and Labour must step up Councils' toxic debt is why parts of Britain are going bust Our stinking bins are piling up & houses need repairs… council has gone bankrupt after wasting millions – it’s a mess Birmingham council: it won’t be the last to fail until local government funding is overhauled Residents of Slough where council racked up £760m in debts warn Brummies their lives will be 'plunged into misery' after council goes bust How Labour drove Birmingham to bankruptcy Former council advisor questions legacy of Commonwealth Games amid Birmingham's financial crisis Derby City Council 'not facing bankruptcy', bosses insist Birmingham City Council ‘bankruptcy’ three key questions asked by members Local authorities must dodge the fate of Birmingham City Council and fix their finances Birmingham's bankruptcy is a symptom of larger problems in the West
(DBN)

Wilko releases full list of 52 stores set to close this week Wilko administrators 'set to sell 100 stores' as HMV's rescue bid collapses Thousands of UK Jobs Lost as Wilko Rescue Deal Collapses
(DBN)

How austerity (and ideology) broke Britain
(DBN)

Chef is accused of sending £47 packets of death to dozens of Britons who used his drugs to take their own lives
(DBN)

____________

Canada:

Beyond oil and gas: The latest application of the Redwater super-priority
(DBN)

Housing market will endure high costs for a while longer: Economist
(DBN)

Canada job gains double expectations, wages accelerate
(DBN)

____________

EU:

The Inflation Crisis Is Fraying Europe’s Climate Consensus
(DBN)

Germany predicted to be the only major European economy to contract this year as recession lingers
(DBN)

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Russia:

Ukraine Seeks as Much as $14 Billion in US Financial Aid in 2024
(DBN)

Russia carries out overnight drone attack on Ukrainian capital
(DBN)

Russia Loses 490 Troops, 10 Tanks, 22 Artillery Systems in a Day: Ukraine Powerful Explosions Rock Crimea
(DBN)

Ukraine’s Bayraktar TB2 drones appear to be back in combat — and with devastating effect, reports say
(DBN)

US General Warns Time Is Running Out for Ukraine's Counteroffensive
(DBN)

Americans back most U.S. steps for Ukraine as Republicans grow more split, CBS News poll finds
(DBN)

G20 members agree to refer to Russia's invasion of Ukraine as the 'war in Ukraine' instead of the 'war against Ukraine' in a capitulation to Putin, who wasn't even there West goes easy on Russia to save the G20 G20 summit statement doesn’t criticize Russia for Ukraine war Inside the G20’s scramble to get consensus on the war in Ukraine G20 softening of language on Russia ‘nothing to be proud of’, says Ukraine Don’t Look to G-20 for Progress on Ukraine, Macron Says Russia hails unexpected G20 'milestone' as Ukraine fumes
(DBN)

Some of Ukraine's Western-made vehicles are getting 'killed' on the battlefield, but it's not as much of a win for Russia's forces as it was
(DBN)

18 months after Putin invaded Ukraine, Russia's sanctioned oligarchs are still rich and even less likely to stand up to him
(DBN)

Musk biographer tries to ‘clarify’ details on Starlink in Ukraine after outcry Blinken Says Musk’s Starlink Should Keep Giving Ukraine Full Use Elon Musk ‘committed evil’ with Starlink order, says Ukrainian official Elon Musk scrambled to justify blocking a Ukrainian attack on the Russian navy using Starlink
(DBN)

Wartime Russians Fall Back on an Ancient Survival Strategy
(DBN)

Ukraine Estimates Russia Has 420,000 Troops in Occupied Regions
(DBN)

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China:

Death and debt in China: how a ‘half-baked’ bankruptcy law offers few individuals a fresh start
(DBN)

Xi Jinping Is Done With the Established World Order
(DBN)

China On 'High Alert' After US, Canadian Ships Transit Taiwan Strait
(DBN)

Biden Doubts China Capacity to Invade Taiwan Amid Economic Woes
(DBN)

China Economy Shows Tentative Signs of Stability as CPI Ticks Up
(DBN)

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Mexico:

Gunmen open fire on convoy crossing into Mexico from US, wounding 3
(DBN)

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Argentina:

Argentina Ordered to Pay $16 Billion in US Suit Over YPF Litigation funder eyes up $6.2bn return from single case
(DBN)

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MENA:

What to know as Israel’s Supreme Court takes up the judicial overhaul
(DBN)

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