April 24, 2024

The Daily Bankruptcy News

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Law:

Herrick, Feinstein's Executive Chair Explains Why Lawyers May Prefer Working At A Midsize Firm
(DBN)

Law Firm Partners Made BANK Last Year And There's Nothing Clients Can Do About It
(DBN)

US Justice Department flags Kirkland & Ellis' potential conflict of interest in a bankruptcy case
(DBN)

Butler Snow Gets The Jump On Associate Recruitment Really Early
(DBN)

Nearly three-quarters of Americans think US democracy is getting weaker, ABA poll finds
(DBN)

Motion for sanctions against David Boies is itself deserving of sanctions, law firm says
(DBN)

Dozens of death penalty cases in jeopardy after Black and Jewish jurors excluded: DA
(DBN)

Ashurst elects largest ever cohort of new partners
(DBN)

Elite Law School Reigns Supreme In The U.S. News Law School Omnibus Specialty Rankings
(DBN)

At Some Law Schools, The Role Of Dean Has Always Been A Man's Job
(DBN)

Where law firms and legal departments are succeeding with innovation
(DBN)

Trump again tempts his fate on New York gag order Judge warns Trump lawyer is 'losing all credibility' during gag order hearing Trump Attorney Gags All Over Gag Order Hearing Gag order hearing in Trump hush-money case goes sideways for the defense Trump blasts ‘kangaroo court’ as judge considers gag order violation MSNBC analyst: ‘Decent chance’ Trump testifies because he ‘believes he is smarter than anyone in the room’ National Enquirer publisher agreed to be Trump’s ‘eyes and ears’ of 2016 campaign 5 takeaways from opening statements in the Trump trial David Pecker details ‘catch-and-kill’ arrangement about Trump stories during hush-money trial Ex-National Enquirer publisher testifies Trump disavowed buying negative stories National Enquirer Made Up Cruz Dad's JFK Link Former National Enquirer boss reveals sleazy tactics the tabloid used to protect Trump The Two Jury Members Who May Help Donald Trump Something Stinks In The Trump Hush Money Case Trump trial illustrates jury challenges in the social media age
(DBN)

Trump urged to return docs nearly a year before search, FBI filing says Trump brushed off warnings he’d be charged in documents case: Unsealed filings A 'hidden room'? Trump now argues FBI's Mar-a-Lago search wasn't intrusive enough Trump had weird 'you're the man' reaction to Mar-a-Lago visitor who warned of indictment
(DBN)

Judge grants Trump brief discovery reprieve — with condition — in Jan. 6 civil lawsuit
(DBN)

Appeals court greenlights release of secret Trump battles to block aides from testifying
(DBN)

Unsealed docs shed light on Trump's bribery claim against prosecutor on Jack Smith's team
(DBN)

Watergate Lawyer Shares Worries Over Trump's Presidential Immunity Claims At The Supreme Court
(DBN)

Will noncompete clauses soon be illegal? The FTC is about to vote on it FTC Votes to Ban Noncompete Agreements
(DBN)

The American Kennel Club's pedophile problem
(DBN)

SCOTUS weighs strict abortion ban against emergency care law
(DBN)

Judge strikes down North Carolina felon voting law
(DBN)

Minnesota state senator arrested on burglary charge
(DBN)

Return of the zombie abortion bills Kari Lake bemoans fact that Arizona’s 1864 abortion ban is not being enforced, in another apparent shift
(DBN)

The Supreme Court doesn’t seem eager to get involved with homelessness policy What's Constitutional About Being Homeless?
(DBN)

The fate of emergency abortion care rests with Supreme Court Abortion back on the Supreme Court docket today Solicitor General Elizabeth Prelogar again in the spotlight fighting the conservative Supreme Court on abortion
(DBN)

Even immigration restrictionists stay away from GOP’s ‘invasion’ rhetoric Migrants indicted in Texas over alleged border breach after judge dismissed charges
(DBN)

Cicadas are so noisy in a South Carolina county that residents are calling the police
(DBN)

Ex-cop accused in 2 killings, kidnapping of baby fatally shoots self at end of chase, police say
(DBN)

Someone fishing with a magnet dredged up new evidence in Georgia couple’s killing, officials say
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Judges:

'You're Losing All Credibility': Judge Rebukes Todd Blanche During Contempt Hearing
(DBN)

Court program bets on autistic kids
(DBN)

10 temporary federal judgeships would become permanent under Senate bill approved on voice vote
(DBN)

New Clerkships Database Empowers Law Clerks To Review Their Bosses
(DBN)

Universal Injunctions’ Outsize Effects May Spur Justices to Act
(DBN)

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Wall Street:

S&P 500 futures nudge higher after earnings lift the index to a second winning day
(DBN)

Dow rallies 200 points, S&P 500 surges 1% as strong earnings drive gains
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Layoffs:

Tesla layoffs impacted nearly 12% of its Texas staff
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Climate:

A long, hot U.S. summer is looming, forecasters say
(DBN)

Europe is the world's fastest-warming continent, report says
(DBN)

A powerful volcano is erupting. Here’s what that could mean for weather and climate
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Education:

NYPD arrests Gaza war protesters at NYU in fresh U.S. campus flashpoint Anti-Israel protesters carry flares to march on NYPD HQ after over 130 arrested at NYU
(DBN)

Robert Kraft Withholds Columbia Support Due to Gaza War Protests Cardona ‘deeply concerned’ about situation at Columbia: ‘Antisemitic hate’ is ‘unacceptable’ Columbia kicks the hornet’s nest with student protests over Israel-Hamas war 12 Suspended Columbia Students Reinstated
(DBN)

Protesters remain at Yale University a day after 45 pro-Palestinian activists were arrested on campus
(DBN)

GOP senators press Biden officials to ‘restore order’ to college campuses GOP senators urge Biden to mobilize National Guard to protect Jewish college students
(DBN)

Trump: College protests are a ‘disgrace’ and all ‘Biden’s fault’
(DBN)

Protests at US campuses are pressing colleges to cut financial ties with Israel
(DBN)

Pro-Palestinian protests, mass arrests roil college campuses Protests roiling US colleges escalate with arrests, new encampments and closures Abbott Slams Ivy League Colleges Over Protests
(DBN)

America's campuses reach boiling point
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Economy:

Could interest rate hikes be keeping inflation high?
(DBN)

Trump called this visa ‘very bad’ for Americans. Truth Social applied for one
(DBN)

Paxton asks Texas’s high court for ’emergency’ action on poverty relief program
(DBN)

Nearly two-thirds of parents feel lonely and burned out, survey finds
(DBN)

Millions more salaried workers will be eligible for overtime pay under final Biden administration rule
(DBN)

US Debt Clock
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World Debt Clock
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Real Estate:

MBA: Mortgage Applications Increased in Weekly Survey
(DBN)

New Home Sales Increase to 693,000 Annual Rate in March; Median New Home Price is Down 13% from the Peak
(DBN)

WeWork founder Neumann wants bankruptcy court's help in bid to repurchase company
(DBN)

Chicago woman convicted of killing, dismembering landlord, hiding some remains in freezer
(DBN)

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Oil/Gas:

U.S. oil rises nearly 2% to top $83 a barrel as slowing manufacturing raises rate cut hopes
(DBN)

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Politics:

Greene faces uphill battle to oust Johnson
(DBN)

Inside the Off-the-Record Calls Held by Anti-Trump Legal Pundits
(DBN)

McConnell says Tucker Carlson and Trump's waffling delayed crucial Ukraine aid
(DBN)

GOP Senators That Voted No on Ukraine Aid
(DBN)

How Republicans castrated themselves
(DBN)

RFK Jr.: ‘I’m gonna put the entire US budget on blockchain’ Republicans are starting to worry about RFK Jr.
(DBN)

The Pennsylvania House race testing the fallout from the Israel-Hamas war
(DBN)

Democrats back Republican effort to double fines for protesters in California
(DBN)

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Autos:

Teetering Fisker considering bankruptcy, trimming more jobs Calif. carmaker Fisker, once worth $2.9 billion, warns of looming bankruptcy Fisker may seek bankruptcy protection in 30 days if unable to meet debt obligations
(DBN)

U.S. is just 10% of global EV market, new report shows
(DBN)

California grid will require major upgrade to meet EV demands: Study
(DBN)

Tesla's war footing Tesla Stock in ‘No Man’s Land’ After 43% Rout Ahead of Earnings Tesla's affordability push eases growing doubts about its performance and Musk's focus
(DBN)

General Motors reports strong first-quarter profits as prices help offset small US sales dip
(DBN)

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Sports:

How bad are Barcelona's finances, and how can they be fixed?
(DBN)

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Student Debt:

Here’s why Biden administration believes new student loan forgiveness plan will survive legal challenges
(DBN)

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Healthcare:

Gamida Cell files for U.S. bankruptcy as it undergoes restructuring
(DBN)

UnitedHealth says wide swath of patient files may have been taken in Change cyberattack
(DBN)

COVID prison death rate increased 3 times higher than broader population: study
(DBN)

When does ‘old age’ really begin? Seniors think 75 is the new 65
(DBN)

More than 90 percent of transgender teens live in states that have proposed or passed anti-trans laws: report
(DBN)

Patients are being denied emergency abortions. Courts can only do so much.
(DBN)

Gun-toting trauma surgeon accused of sexual misconduct on unconscious patients: Lawsuit
(DBN)

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Retailing:

Apparel company Express seeks quick bankruptcy sale Express Fast Tracks Chapter 11 Bankruptcy Filing These 95 Express stores are set to close amid bankruptcy: court documents
(DBN)

San Diego-based luxury appliance retailer Pirch owes $100M-$500M to creditors: court docs
(DBN)

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Crypto:

US seeks 36 months' jail for Binance founder Zhao
(DBN)

Do Kwon, Terraform Labs Should Get $5.3B Fine, SEC Tells Court
(DBN)

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Pickleball:

Where did the millions go? Pickleball Rocks CEO faces angry investors in bankruptcy call
(DBN)

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Maritime:

Baltimore Files Claim Against Ship's Owner
(DBN)

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Nursing Homes:

More than 100 people evicted from senior care facility due to bankruptcy
(DBN)

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Bicycles:

Stages Cycling ceases operations and lays off entire staff, report suggests
(DBN)

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New Bankruptcy Opinions
(7 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (25 new filings today)
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Recent Ch. 11/9/12/15 Adversary Proceeding Filings (9 new filings today)
(DBN)

Chapter 11 Bankruptcy Case Studies
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Bankruptcy Statistics:

Small-Business Bankruptcies Surge Ahead of Potential Law Change
(DBN)

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Exemptions:

Bill to increase bankruptcy exemption thresholds passes Delaware House, heads to Senate
(DBN)

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Mass Torts:

Justice Department to pay $139 million to USA Gymnastics sex abuse victims
(DBN)

Court ruling for insurer a devastating loss for N.Y. archdiocese
(DBN)

Archdiocese of New Orleans bankruptcy among oldest, costliest in U.S., documents say
(DBN)

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UST:

U.S. Trustee Program Enforcement Leads to Injunctions, Fines Against Bankruptcy Petition Preparers Who Targeted Vulnerable Consumers in Foreclosure
(DBN)

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Aviation:

Victims' families to urge US prosecute Boeing over fatal crashes
(DBN)

Pilot proposes to flight attendant girlfriend in front of passengers
(DBN)

New federal rule to guarantee hassle-free airline cash refunds, administration says
(DBN)

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Food/Beverage:

Oberweis Dairy says it found two potential buyers following Chapter 11 bankruptcy
(DBN)

Foxtrot Markets Suddenly Shut Down, Leaving Chicagoans and Other Fans in Shock Here's what we know about Foxtrot Market suddenly closing all locations Foxtrot closes all coffee shops permanently and plans to file bankruptcy
(DBN)

Clover emerging from bankruptcy, with plans to grow bigger than ever
(DBN)

City voids Etta’s food license application amid bankruptcy filings
(DBN)

Digging into all the latest restaurant bankruptcy news
(DBN)

Bird flu virus found in pasteurized milk, though officials maintain supply is safe
(DBN)

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Tech:

LexisNexis launches newest version of generative artificial intelligence platform
(DBN)

AI shakes up corporate boards
(DBN)

Court orders Elon Musk's X to block Sydney church stabbing footage Musk decries Australian court 'censorship' of X terror posts Musk targets Australian senator and gun laws in deepening dispute over violent video
(DBN)

ByteDance, TikTok shelled out $7 million on lobbying and ads to combat potential U.S. ban FBI director warns of three-part TikTok threat Congress sends Biden a bill that could ban TikTok — after the 2024 election TikTok may be banned in the US. Here’s what happened when India did it
(DBN)

Google search boss warns employees of ‘new operating reality,’ urges them to move faster
(DBN)

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Banking:

15 AGs put BofA on notice for ‘de-banking’ conservatives
(DBN)

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Awards:

New ABI Officers and Directors Elected
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UK:

Axiom Ince: Former boss of disgraced law firm faces bankruptcy petition
(DBN)

The councils selling the family silver to pay bills
(DBN)

UK bankers warned of ‘severe losses’ if they fail to monitor private equity exposures
(DBN)

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Russia:

Senate set to advance Ukraine aid after roller-coaster House battle
(DBN)

UK puts its defense industry on ‘war footing’ as it gives Ukraine $620 million in new military aid
(DBN)

US preparing $1B weapons package for Ukraine More US military aid will help Ukraine defend against Russia. But victory is a long way off New U.S. military aid is finally heading to Ukraine - but is it too little, too late?
(DBN)

Russian Cyberattack Hits Muleshoe Water Depart.
(DBN)

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MENA:

Israel gears up for Rafah civilian evacuation ahead of promised assault
(DBN)

UN Horrified by Mass Graves Found in Gaza
(DBN)

Nancy Pelosi says Israel's Netanyahu 'should resign' as prime minister
(DBN)

New evidence challenges the Pentagon’s account of a horrific attack as the US withdrew from Afghanistan
(DBN)

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China:

Blinken Heads to China Over Support for Russia
(DBN)

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New Zealand:

Horse trainer Mitchell Kerr sentenced after hiding information during bankruptcy proceedings
(DBN)

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North Korea:

Over 80% of people filing bankruptcy in Seoul in their 50s and older
(DBN)

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Hong Kong:

Troubled Economic Fortunes Spell Opportunity For Specialist Lawyers In Hong Kong
(DBN)

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