August 1, 2024

The Daily Bankruptcy News

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Law:

Would You Take The Bar If They Paid You Like A 4th Year Associate?
(DBN)

More Law Grads Are Coming to Crash the Big Law Hiring Party
(DBN)

The Best Law Schools For Nontraditional Students (2024)
(DBN)

Lewis Brisbois settles one former partner’s lawsuit; second is pending
(DBN)

Jones Day Tries To Be 'Hip' With Kamala Meme In Its Supreme Court Filing... For More Pollution
(DBN)

Does the legal profession still need Latin?
(DBN)

Students fighting California law school closure face court setback
(DBN)

Lawyer smuggled drug-soaked papers disguised as legal docs into prison at 4:20: Feds
(DBN)

The Bar Exam Doesn't Stop For The Olympics
(DBN)

US appeals court lets Texas keep river barrier against illegal border crossings Texas’ floating Rio Grande barrier can stay for now, court rules as larger legal battle persists
(DBN)

Trump Says Venezuela Sends Criminals to the U.S. Here’s What to Know.
(DBN)

Barr led DOJ into ‘chaotic and disorganized’ response to George Floyd protests: Watchdog Justice Dept. Watchdog Finds That Barr Did Not Order Protesters Cleared in 2020
(DBN)

Judge’s sanctions threat based on just one misused word, Hunter Biden’s attorneys say Judge Threatens To Sanction Hunter Biden's Lawyers For The Dumbest Of Reasons
(DBN)

Giuliani Reaches Bankruptcy Dismissal Deal to Pay Legal Fees Rudy Giuliani finally reaches agreement to toss out doomed bankruptcy case after judge threatens to put him in the witness box Rudy Giuliani May Dodge Testifying About His Finances in Bankruptcy Case Giuliani puts up $5.7 million NYC penthouse to move bankruptcy case to an end
(DBN)

Schumer tries to strip Trump immunity ruling
(DBN)

Dominion Kraken Suit Veers Into 'Piano Wire And Blowtorch' Territory
(DBN)

Merrick Garland Thinks He's Way Smarter Than Aileen Cannon
(DBN)

Jan. 6 security tapes reveal Trump alleged co-conspirator handing off fake elector docs
(DBN)

Dominion suit judge has 'clear' message for 'Kraken' lawyer on Tina Peters trial
(DBN)

Jeffrey Epstein 'tunneled' his way into Bill Gates's orbit costing the billionaire his marriage and almost shattering his reputation, new book reveals
(DBN)

'I got a bead on her': Man who vowed to kill Rep. Marjorie Taylor Greene pleads guilty
(DBN)

States break out new tactics to thwart abortion ballot measures
(DBN)

Federal judge says New Jersey’s ban on AR-15 rifles is unconstitutional
(DBN)

Philly DA to face trial for COVID-19 vax mandate possibly biased against religion
(DBN)

Death by Firing Squad Is a Legal Punishment, South Carolina’s Top Court Rules
(DBN)

Missouri Man Is Freed After 1991 Murder Conviction Is Overturned
(DBN)

New Louisiana Law Serves as a Warning to Bystanders Who Film Police: Stay Away or Face Arrest
(DBN)

Arrests at Mexican Border Drop 30%
(DBN)

Ankle monitoring company owner and employee ordered to face negligent homicide trial in woman’s murder
(DBN)

Dad charged with dumping daughter, 10, on the highway: ‘Something bad could’ve happened’
(DBN)

Bodycam video shows fatal police shooting of 4-year-old Illinois boy and man holding him hostage
(DBN)

Woman thrown from car died, boyfriend drove away because 'she was a strong woman': Cops
(DBN)

U.K. Police Officers Injured in Far-Right Riot After Deadly Stabbing Southport Stabbing: What We Know About the U.K. Knife Attack and a Later Riot U.K. Prime Minister Warns ‘Full Force of the Law’ After Killing of Three Children Sparks ‘Violence and Thuggery’
(DBN)

Shocking new details of Florida man's alleged threats to kill Trump, Vance
(DBN)

9/11 mastermind Khalid Sheikh Mohammad, two others charged in terror plot reach plea agreements
(DBN)

Domestic Violence Victims Reported Abuse. Then They Were Surveilled By Caseworkers
(DBN)

Knock-down, drag-out fight erupts over how to cook chicken
(DBN)

Husband sets wife on fire after argument over air conditioning settings: Cops
(DBN)

Green 'Power Rangers' actor wanted in Idaho disabled parking dispute battery case
(DBN)

Kamala Harris’ stepdaughter Ella Emhoff’s Secret Service detail arrests ‘anti-police watcher’ in NYC after heated altercation
(DBN)

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Judges:

New SCOTUS Leak: Alito Even Alienated Other Conservatives
(DBN)

Samuel Alito Was The Big Supreme Court Loser This Term
(DBN)

Americans Deserve a High Court That’s in Tune With the Majority
(DBN)

Supreme Court Term Limits Don't Require A Constitutional Amendment... But Do Require Serious Hardball Term Limits Aren’t Enough. The Supreme Court Needs More Justices Recalibrating Supreme Court Terms Is the Long Game to Fairness
(DBN)

Inside John Roberts's Hard Right Turn On Presidential Immunity
(DBN)

Alaska Judge’s Clerk Alleges Retaliation by US Attorney Office
(DBN)

Another secret ex parte meeting in Young Thug RICO case reignites calls for a mistrial
(DBN)

Senators grill US appeals court nominee over ‘activist’ legal work
(DBN)

State Judges *Really* Need To Be Paid More
(DBN)

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Wall Street:

S&P 500 futures rise after Meta posts quarterly beat
(DBN)

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Layoffs:

Bungie lays off 220 people
(DBN)

Morgan Olson to lay off 139
(DBN)

FibroGen lays off 75% of US staff
(DBN)

Chrysler to Offer Broad Buyouts
(DBN)

ABC, 'GMA' staffers brace for more layoffs
(DBN)

Settlement reached in Bitwise class action lawsuit
(DBN)

Disney to Fire 140 in TV Division
(DBN)

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Autos:

Famous Wheel Brand BBS Just Declared Insolvency For The Fifth Time Since 2007
(DBN)

Key auto industry suppliers are private equity’s newest victims
(DBN)

Tesla is struggling to find new buyers
(DBN)

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Gambling:

Legalized sports betting is creating a disastrous doom loop
(DBN)

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Food/Beverage:

Bankrupt Foxtrot Market Eyes Revival in Dallas and Austin Amid Retail Challenges
(DBN)

A once-thriving California wine company is in shambles. Here’s what it means for other wineries
(DBN)

Why Americans are snubbing McDonald’s and Starbucks
(DBN)

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Nursing Homes:

‘Strong industry headwinds’ lead to bankruptcy for Guardian Healthcare
(DBN)

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Auto Racing:

Long-Time NASCAR Xfinity Series Team Files For Bankruptcy
(DBN)

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Edtech:

An Edtech Giant Declares Bankruptcy. What Might It Mean for Online Higher Ed?
(DBN)

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Fraud:

July 2024 Ponzi Scheme Roundup
(DBN)

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Crypto:

Mt. Gox Has Now Paid Over 17,000 Creditors, Still Holds $2.1 Billion BTC
(DBN)

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Economy:

FOMC Statement: No Change to Fed Funds Rate Fed statement opens door to rate cut Fed holds interest rates steady, but hints at cut ahead Powell says September rate cut ‘on the table’ if inflation data continues to cool Fed on Course for September Rate Cut as Risks to Job Market Grow
(DBN)

Politics Makes the Fed’s Job Trickier, but Doesn’t Drive Its Decisions
(DBN)

Private payroll growth slowed to 122,000 in July, less than expected, ADP says
(DBN)

The Haves and Have-Nots at the Center of America’s Inflation Fight
(DBN)

Parents say back-to-school shopping becoming too expensive: Survey
(DBN)

Fed poised to cut rates, ignoring Trump and GOP lawmakers
(DBN)

Los Angeles gave families $1,000 a month in the biggest basic income pilot in the country. Now the results are in.
(DBN)

More than half of child-free Americans under 50 who don't think they'll ever have kids say they just don't want them
(DBN)

Gen Z is transforming office email etiquette — but it could backfire
(DBN)

Soup Dumpling Index: How prices compare around the world
(DBN)

Trump Vows to Cut Taxes on Social Security in Bid to Woo Seniors
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

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Real Estate:

UBS just filed a lawsuit against Bank of America
(DBN)

Mass. ends practice of state-sponsored theft of home equity
(DBN)

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Municipalities:

Bankruptcy Rules, Politics Make Chapter 9 Rare Event for Cities
(DBN)

‘The perfect storm times three’: Crime, political chaos divide Oakland
(DBN)

'Aggressive' homeless camp sweeps begin in San Fran
(DBN)

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Oil/Gas:

Oil prices rise amid spiraling Middle East violence
(DBN)

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Awards:

Vault: Best Law Firms in Bankruptcy/Restructuring
(DBN)

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Climate:

U.S. oil fields release four times more methane than EPA estimates, flyover data reveal
(DBN)

Rain-Soaked, Broiling Paris Does Battle With Olympic Weather Gods Heatwave blanketing Olympics ‘impossible’ without climate change
(DBN)

The Park Fire, one of California's largest ever, grows as hotter weather looms
(DBN)

Antarctic Temperatures 50 Degrees Above Normal
(DBN)

Why does Vermont keep flooding? It’s complicated, but experts warn it could become the norm
(DBN)

European Union prepares for showdown with China over climate aid
(DBN)

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Sports:

Paris Triathletes Finally Swim in Seine but Say It ‘Didn’t Taste Great’
(DBN)

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Healthcare:

After private equity takes over hospitals, they are less able to care for patients, say top medical researchers
(DBN)

Steward’s Boston, Ayer hospitals doomed, bankruptcy judge rules Judge approves Carney, Nashoba Valley closures as Steward crisis deepens Massachusetts warns of health 'crisis' amid Steward hospital sale delay Steward closing hospitals in Boston, Central Mass. Creditors challenge $30M in state aid for Steward hospitals Nurses protest as judge approves closure of two Mass. hospitals Senate subpoenas Dallas-based Steward Health Care’s CEO amid bankruptcy Trahan Calls on U.S. Attorney General, Other Feds to Investigate Steward Health Care
(DBN)

Mercy Iowa City bondholders fear their payout dwindling
(DBN)

Health officials report more Colorado workers infected with bird flu The latest bird flu concern: county fairs
(DBN)

Ransomware attack hits blood donation center that services 350 hospitals
(DBN)

Mapped: COVID summer continues to heat up
(DBN)

'Modern day snake oil salesman' posing as doctor with fake COVID-19 cure sent to prison
(DBN)

Gen X, Millennials face higher risk of cancer than previous generations, study shows
(DBN)

More US women have tried to induce their own abortion since fall of Roe – report
(DBN)

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Banking:

Wells Fargo Inconveniently Hit With Two Racial Discrimination Lawsuits While Trying To Convince Judge To Toss Lawsuit About Alleged Phony Job Interviews For Minorities
(DBN)

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Scandal:

Failing to See What’s in Front of Our Eyes: The Effect of Cognitive Errors on Corporate Scandals
(DBN)

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Politics:

Harris holds onto 1 point lead over Trump in latest Reuters/Ipsos poll Harris leading Trump in New Hampshire by 4 points: Survey Harris slices Trump’s national lead in half: New polling average Kamala Harris Takes Big Lead in Battleground State: MI Report: Harris Leads Trump; Democrats Happy to Have a New Nominee Kamala Harris Vs Donald Trump: Nate Silver Issues Polling Update More Than 100 Silicon Valley Investors Pledge to Support Kamala Harris Joe Rogan Predicts Kamala Harris Defeats Trump: ‘I’m Just Being Honest’ Kamala Harris Offers Swing State Clue to Veepstakes Winner Progressives sound alarm as Shapiro VP stock rises Who’s Afraid of Josh Shapiro? Josh Shapiro's VP bid ignites debate over Israel and antisemitism Kelly says Trump’s comments at NABJ are of a ‘desperate’ and ‘scared old man’ Hundreds of 'Harris for President' golf carts roll through Trump stronghold Mark Kelly would break tradition of VP as attack dog Kelly hits Trump, GOP on border: ‘They don’t actually wanna solve this problem’ ‘She Became a Black Person!’ Trump Spars With Moderator Over Whether Or Not Republicans Should Call Harris a ‘DEI Hire’ Trump goes on rant questioning Harris' race JD Vance Says Trump’s Comments About Kamala Harris’ Racial Identity Were ‘Hysterical’ Top Senate Republican says Trump should focus on issues, not race in campaign against Harris Trump falsely says Harris ‘turned Black’ after previously promoting Indian heritage at NABJ meeting Fact check Trump’s lie that Harris ‘all of a sudden’ embraced a Black identity Kamala Harris said Trump's remarks, where he said she 'happened to turn Black,' were 'the same old show' of disrespect Trump falsely accuses Harris of deciding to 'turn Black' during a combative panel with Black journalists White House blasts Trump’s comments as ‘repulsive’ Republicans reel at Trump's "embarrassing" remarks about Harris Trump’s first try at pivoting to Harris blows up in his face Harris hits back at Trump for mocking her heritage: ‘The American people deserve better’ Harris dismisses Trump as the ‘same old show’ as he rips into her on race Trump doubles down after false attack on Kamala Harris Trump's new birtherism Trump and his allies had a plan for how to hit Harris. Then he opened his mouth.
(DBN)

Biden to give opening remarks at DNC convention in Chicago
(DBN)

Dramatic Shift In Voter Interest In Election — Now Predicts Record Turnout
(DBN)

Right Wing Pundit Warns Trump, MAGA Not to Use D List Celebs In Their Fight Against Dems’ A Listers
(DBN)

Trump Makes Bizarre Comments About ‘Black Jobs’ and Bacon at NABJ Black Journalists Convention Black journalists invite Trump to speak, then laugh at him Trump says immigrants are taking "Black jobs," but there's no such thing Trump attacks ABC News reporter during tense NABJ interview Fact-checking Donald Trump at the NABJ conference Five explosive moments from Trump’s off-the-rails NABJ interview Speaking to Black journalists, Trump reminded everyone how racist he can be
(DBN)

Trump responds to Harris’s call to compare records: Challenge accepted
(DBN)

Donald Trump apparently thinks Antonin Scalia had a 'stupid' opinion about flag burning
(DBN)

Trump nephew reveals Uncle Donald’s racist outburst in new book
(DBN)

‘Worst Vice Presidential Pick of My Lifetime’: JD Vance’s Net Negative Favorable Rating Gets Even Worse J.D. Vance Revives Couch-Sex Rumors With Awkward Wife Joke JD Vance's Surprisingly Non-Weird Law School Habit The Mystery of JD Vance Is Unraveling JD Vance’s Drunken College Photo Met With Shrugs as the Facebook Generation Runs for Office Trump Allies Believe Kellyanne Conway Is Badmouthing JD Vance Did Anyone Even Vet This Guy?
(DBN)

Trump issues retort to Harris campaign attacks: ‘She’s a weird person’
(DBN)

Johnson faces frustration from hard-liners on spending issues
(DBN)

Arizona election official who defended 2020 results ousted
(DBN)

DHS leaders clashed with watchdog ahead of report on Secret Service’s handling of Jan. 6 Some Republicans Embrace Conspiracy Theories on Trump Assassination Pennsylvania county law enforcement officials say Secret Service is presenting a ‘misleading’ picture of Trump shooting scene
(DBN)

Robert F. Kennedy Jr.’S Presidential Campaign Set To Be Derailed By 'Explosive Investigation': ‘Washington Post’ Said To Be Preparing Publication Of Bombshell Exposé
(DBN)

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New Bankruptcy Opinions
(4 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (14 new filings today)
(DBN)

Recent Ch. Adversary Proceeding Filings (5 new filings today)
(DBN)

Chapter 11 Bankruptcy Case Studies
(DBN)

Bankruptcy Statistics:

Black bankruptcy filers more likely to be denied debt relief
(DBN)

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Professional Employment:

Vinson & Elkins Pursues Narrower Role in Enviva’s Bankruptcy
(DBN)

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Sanctions:

Byju's ex-director fined $10,000 per day over missing $533 million
(DBN)

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Lock-Up Provisions:

Bankruptcy Court Rejects Attempts to Lock Up Creditor Votes in Favor of Reorganization Plan
(DBN)

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Mass Torts:

Judge sends Archdiocese of Baltimore bankruptcy to critical mediation phase Mediation framework set for archdiocesan bankruptcy
(DBN)

Faith & Fallout: Catholics question transparency of Buffalo Diocese in closing of churches
(DBN)

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Avoidance Actions:

Monetizing Preference Claims in Bankruptcy: Fifth Circuit Decision Contributes to Growing Trend
(DBN)

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Property of the Estate:

The Odonata Case: Trusts, Escrows and Property of the Estate (or Not) Part II
(DBN)

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Aviation:

Spirit Airlines Curtailing Workforce as Quarterly Loss Widens
(DBN)

Boeing names new CEO as company continues to face scrutiny, revenue loss Boeing's new CEO already seems to have given a major indication of where his priorities lie
(DBN)

Why two astronauts are stuck in space
(DBN)

Boeing 737 MAX crash families say planemaker should face much higher fine
(DBN)

Delta faces $500 million in lost revenue as result of tech outage last week, CEO says
(DBN)

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Theatres:

Bidders file motions objecting to State Theatre’s pending sale
(DBN)

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Agribusiness:

Biden Administration Begins Paying Farmers Who Faced Discrimination
(DBN)

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Movie Theaters:

AMC!!
(DBN)

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Trucking:

Another distressed trucking company files Chapter 11 bankruptcy
(DBN)

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Utilities:

Scandal-tainted FirstEnergy demands appeal of ‘shockwave’ privilege ruling
(DBN)

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Tech:

Having Elon Musk as a boss is a tough gig — just ask X's Linda Yaccarino
(DBN)

CrowdStrike Hit with Outage-Related Securities Suit
(DBN)

Taco Bell to roll out AI drive-thru ordering in hundreds of locations by end of year
(DBN)

Google Escapes Suit From RNC Over Fundraiser Email Filtering
(DBN)

____________

Religion:

After Accusations of Misconduct, How Do Megachurches Move Forward?
(DBN)

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Celebs:

Katie Price ordered to pay back £25,000 in bankruptcy case after warrant is issued for her arrest
(DBN)

Deion Sanders' son Shilo accused of trying to 'avoid responsibility' in bankruptcy case
(DBN)

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Education:

Shutdown of EGCC is now underway DeWine appoints college conservator for Eastern Gateway closure
(DBN)

Oklahoma's MAGA superintendent dares schools to defy his Bible-teaching order
(DBN)

U.S. judge upholds LGBTQ student protections in a win for the Biden administration
(DBN)

____________

UK:

London borough warns it faces bankruptcy over housing costs as government announces building programme
(DBN)

Telegraph co-owner avoids bankruptcy after High Court settlement
(DBN)

The biggest PFI disasters: Bankrupt hospitals and billions in debt
(DBN)

Should we all be a bit more relaxed about procedural hiccups in notices appointing administrators?
(DBN)

U.K. PM to meet with police chiefs after more violence linked to dance class stabbing rampage
(DBN)

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Canada:

Canada’s high court rules bankruptcy does not completely erase millions in penalties owed by B.C. stock manipulators B.C. couple partially victorious in bankruptcy fight with securities regulator
(DBN)

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MENA:

The killing of a top Hamas leader in its backyard is 'humiliating' for Iran, experts say Fears of all-out war after Israel ‘assassinates’ Hamas chief in airstrike & Iran vows ‘we have a duty to avenge him’ Iran Vows Revenge on Israel US says it was not involved in top Hamas leader assassination Killing of Hamas chief raises fear of Iranian reprisal and jeopardizes Gaza negotiations
(DBN)

A very dangerous 24 hours in the Middle East
(DBN)

Israeli military says it killed Hamas armed wing leader Mohammed Deif in Gaza airstrike last month
(DBN)

US bets on Gaza cease-fire talks as assassinations tilt Mideast toward bigger war
(DBN)

Unrest at Army Bases Highlights a Long Battle for Israel’s Soul
(DBN)

Palestinians detained by Israel faced torture — UN report
(DBN)

US launches strike on Iran-backed forces in Iraq, first since February
(DBN)

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Venezuela:

Venezuela’s Maduro Moves to Silence Opposition After Disputed Election Election Results Presented by Venezuela’s Opposition Suggest Maduro Lost Decisively US Says Maduro Lost Venezuela Vote as He Seeks to Jail Rivals Venezuela’s Military Holds Keys to Maduro’s Future in Power Maduro asks Supreme Court to audit Venezuela’s disputed presidential election Venezuelan Election Denounced by International Monitoring Group Venezuela’s Election Was Deeply Flawed. Here’s How EU calls for full vote count in election dispute
(DBN)

____________

Russia:

Russian Economy in 'Stormy Uncharted Waters,' Putin's Banking Chief Says
(DBN)

As War Gets Bleaker, More Ukrainians Appear Open to a Peace Deal
(DBN)

Speculation rises over Russia prison swap including Paul Whelan
(DBN)

US Aid is Flowing to Ukraine Again. Can It Turn the Tide of the War?
(DBN)

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Germany:

Germany's unemployment rises as economic growth stalls
(DBN)

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India:

Byju’s clarifies source of BCCI settlement money to appeals court
(DBN)

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