August 30, 2024

The Daily Bankruptcy News

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Due to the Labor Day holiday, The Daily Bankruptcy News will not publish on Monday, September 2, 2024



Law:

Hourly Rates Rocket Higher, as Elite Firms Leverage Pricing Power
(DBN)

Not Everyone Is Benefiting From Biglaw's Strong 2024
(DBN)

Where Are Those Milbank Bonus Matches?
(DBN)

Associates' Patience Is Running Low Waiting On Biglaw Summer Bonuses
(DBN)

Biglaw Partner Accused Of Improperly Rifling Through Client Files To Get Advantage In Divorce Case
(DBN)

Can Lawyers Wear T-Shirts On Video Client Calls?
(DBN)

Criticizing plaintiff’s ‘chutzpah,’ federal judge holds lawyer jointly responsible for over $207K in legal fees
(DBN)

Lawyer Found Way Back to Work One National Park at a Time
(DBN)

Scores are in for July 2024 MBE; how did test-takers fare? Bar Exam Scores Are Up!
(DBN)

St. Thomas College of Law reinstates fired tenured professor, will start termination hearings
(DBN)

Personal injury firm sues TD Bank after loss in fraud scheme
(DBN)

Mandatory bar violated lawyer’s association rights, but remedy ‘need not be drastic,’ 9th Circuit says
(DBN)

Divorce attorneys share the most outlandish requests they’ve seen
(DBN)

Kinzinger rips Republicans after Pelosi’s Jan. 6 video surfaces: ‘Makes me furious’
(DBN)

2nd Circuit cites push notifications to jurors as one reason why Sarah Palin deserves new defamation trial
(DBN)

Could Jack Smith's Donald Trump Gamble Pay Off?
(DBN)

Jeffrey Clark cites removal from Trump indictment in bid to keep law license Jeffrey Clark filing says he is 'unindictable' for anything related to Jan. 6
(DBN)

Judge Releases Jan. 6 Protester Citing Supreme Court Ruling
(DBN)

Trump asks federal court to seize N.Y. hush-money case
(DBN)

If Trump loses, expect a Republican civil war
(DBN)

QAnon Dad Who Killed Kids Over ‘Serpent DNA’ Is Being Medicated Against His Will
(DBN)

‘War Game’ is January 6 all over again
(DBN)

Steve Bannon tells Trump-appointed judge that 'significant events' warrant prison release
(DBN)

Litigant Successfully Wins Right To Not Be Associated With True Statements About Donald Trump
(DBN)

A YouTube chef, who’s the son of a famous Spanish actor, is sentenced to life in prison for murder
(DBN)

MrBeast is in a tough spot. But PR experts say an aggressive 'super lawyer' isn't the fix he needs.
(DBN)

Justice Department watchdog finds flaws in FBI’s reporting of sex crimes against children FBI continues to fail child sex abuse victims despite reforms after bungled Nassar investigation, watchdog finds
(DBN)

U.S. to reopen migrant sponsor program with new vetting process aimed at curbing fraud
(DBN)

Constitutional challenge to Texas anti-ESG law filed in federal court
(DBN)

Paxton takes Dallas to court over gun ban at State Fair
(DBN)

Idaho murder suspect wants trial moved after survey results say town will ‘burn the courthouse down’ if he’s acquitted
(DBN)

Ex-politician convicted in 2022 killing of Las Vegas reporter sentenced to 20 years to life
(DBN)

The “Ketamine Queen” and Matthew Perry’s Hollywood
(DBN)

Cruise Ship Worker Sentenced to 30 Years for Hiding Cameras in Bathrooms
(DBN)

Georgia motorcycle officer injured after assisting with Harris motorcade
(DBN)

D.C. police officer fatally shot after gun he tried to retrieve from storm drain suddenly goes off
(DBN)

A missing woman leads to a man's mysterious murder and 3 men are now in jail
(DBN)

Bar owner who dragged a 9-year-old girl for blocks in Hummer had startling BAC, cops say
(DBN)

Spree-killing son forced mom to drive from one house to another to kill grandpa: Police
(DBN)

Banker caught trying to have brother-in-law murdered with 'rat poison,' texting receipt
(DBN)

Electric chair tested and firing squad prepared, South Carolina prison director says
(DBN)

______________

Judges:

Comparing Biden’s judicial appointment record to Trump’s
(DBN)

Which Justice Writes the Most Important Decisions on the Supreme Court?
(DBN)

Ex-teacher gets 5 years in prison for threatening Florida judge in LGBTQ case
(DBN)

Justice Sotomayor’s side hustle during a hectic term? A children’s musical
(DBN)

Judge must take training after banning law clerk from courthouse and threatening jail time
(DBN)

Legal thriller author David Ellis’ day job? Appellate court justice
(DBN)

Lunch Fit For A Supreme Court Justice Or Toddler? You Be The Judge
(DBN)

Can Texas Replace Delaware As The Incorporation Hub? Why Texas Business Court Will Struggle to Top Delaware
(DBN)

Biden Picks Prosecutors, Honeywell Lawyer for Blue State Courts
(DBN)

Biden faces hurdles to match Trump on judicial appointments
(DBN)

______________

Wall Street:

S&P 500 futures climb as traders brace for key inflation report
(DBN)

Stocks Hit Fresh Record High
(DBN)

Warren Presses Wall Street Regulator to Explain Decline in Enforcement Actions
(DBN)

______________

Layoffs:

Shell Set to Cut 20% of Jobs in Some Oil and Gas Divisions
(DBN)

BioMarin cuts deeper with 225 layoffs
(DBN)

Stratasys to lay off 300
(DBN)

______________

Education:

Hard Choices Loom Alongside Deficit for California College of the Arts
(DBN)

Book Publishers Sue Florida, Alleging School Library Law Violates First Amendment
(DBN)

University of Virginia Suspends Tours That Emphasized Ties to Slavery
(DBN)

Agriculture teacher smiles in mug shot after allegedly telling students how to staple cat
(DBN)

Day care driver arrested after 6-year-old girl found 'banging on a window' inside hot bus
(DBN)

____________

Religion:

Megachurch faces worshipper exodus after child sex abuse scandal
(DBN)

Gateway Church's Summer of Turmoil
(DBN)

____________

Personal Finance:

Meet the Gen Zers skipping college to take blue-collar jobs and launch trade businesses: ‘One of the smartest decisions I ever made’
(DBN)

____________

Retailing:

Dollar General’s stock set for record drop as core customers ‘feel worse off’ Dollar General Conquered Rural America. Now It’s Struggling With “Financially Constrained” Customers Dollar General just showed how bad things are for budget-conscious shoppers Dollar stores ailing as Dollar General reports slew of problems
(DBN)

Bankrupt M Den retailer is racing to sell itself while football season still young
(DBN)

Major US discount retailer on brink of bankruptcy with 1,400 stores under threat - as shares drop by 50% Big Lots bankruptcy reports send shares tumbling to record lows
(DBN)

____________

Autos:

NHTSA Closes Two Preliminary Probes Into Fisker’s Ocean SUVs
(DBN)

Tesla FSD Doesn't Even Work in 1 Lane Tunnels
(DBN)

A single headlight module for the $1.5 million Bugatti EB 16.4 Veyron Sang Noir costs as much as a BMW X1
(DBN)

____________

Solar:

Bankrupt Solar Firm SunPower Gets Nod to Sell Assets to Rival US Bankruptcy Court Approves Stalking Horse Bid for SunPower Assets
(DBN)

Maxeon will offer warranty support to SunPower systems after installer’s bankruptcy
(DBN)

Biden administration releases plan to expand US West solar development
(DBN)

China's solar policy could trigger global industry reshuffle amid bankruptcies and exit wave
(DBN)

____________

Student Debt:

Supreme Court keeps Biden's SAVE plan on ice. Here's what that means for people with student loans.
(DBN)

____________

Climate:

Climate Change Comes to the Grand Tetons
(DBN)

Pork Producers Face Downgrades as Climate Risks Rise, Fitch Says
(DBN)

Climate Change Intensified Typhoon Shanshan, Study Says
(DBN)

____________


Economy:

The Fed’s preferred inflation indicator is out Friday. Here’s what to expect
(DBN)

The U.S. economy grew 3% in the second quarter — faster than initially thought
(DBN)

Places that were China shock losers are Bidenomics winners
(DBN)

Officials probe death of Wells Fargo employee found dead in her cubicle 4 days after last scanning into work
(DBN)

A man was left stranded on a mountain by his colleagues in a work retreat gone wrong
(DBN)

Legal Fate of FTC Noncompete Ban Far From Resolved
(DBN)

America's fastest-growing job, mapped The 15 fastest-shrinking jobs in the US
(DBN)

Inside Harris' delicate balancing act on the economy
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

______________

Real Estate:

US Pending Home Sales Gauge Drops to Lowest on Record
(DBN)

How one company transformed the apartment rental market
(DBN)

Gavin Newsom to decide if California should help undocumented immigrants buy homes
(DBN)

Mortgage rates are falling, but there are 3 reasons buyers are still on the sidelines
(DBN)

After winning a landmark case against real estate agents, this startup aims to replace them with a flat fee
(DBN)

The Alleged Kickback Schemes That Inflated Costs for Homebuyers
(DBN)

Kamala Harris’ $25,000 down payment assistance plan is a band-aid fix for the housing crisis, Zillow’s chief economist says. 3 policies that will actually help home affordability.
(DBN)

YIMBYs are having a moment
(DBN)

Photos from U.S. military bases show mold, mice, roaches and brown water in living quarters and dining areas
(DBN)

Unrated bonds latest to fund growth of Florida's Villages senior development
(DBN)

Mall owners turn from new tenants to complete redos
(DBN)

____________

Municipalities:

Chicago’s Budget Deficit Balloons to Nearly $1 Billion in 2025
(DBN)

____________

Oil/Gas:

Shell plans wide cuts in oil exploration division, sources say
(DBN)

Texas Attorney General Ken Paxton Facing Lawsuit Over Pro-Fossil Fuels Law
(DBN)

Harris vows not to ban fracking as president Kamala Harris goes all in on fracking in testy interview exchange
(DBN)

‘Political poison’: How Trump’s tariffs could raise gasoline prices
(DBN)

____________

Politics:

With flannel, football and pheasants, Harris and Walz make a play for Trump territory Harris, Trump locked in tight race in 7 swing states: Poll Kamala Harris Sees 8-Point Boost Compared to Biden Against Trump Bloomberg: +8 WI, +4 PA Harris Edges Trump in Key States, With Sun Belt Now Up for Grabs Kamala Harris' Election Odds Slide With Bookmaker After CNN Interview Harris, Trump essentially tied in the sun belt swing states, but the trend lines favor Harris Harris leading Trump by 2 points in battleground states: Poll MAGA faithful blow off polls in Michigan, insist ‘Trump’s got it made.’ Quinnipiac poll finds Harris with two-point lead over Trump after convention Harris campaign says it’s ‘in discussion’ with ABC on muted mics for debate How Harris is preparing for her first Trump debate The real story behind the Harris-Trump hot mic feud ABC News debate rules include muted mics, despite Harris campaign's pushback Harris says appointing a Republican to her Cabinet would "benefit" Americans Harris defends policy flip-flops in preview of first interview since ascending ticket Harris explains in exclusive CNN interview why she’s shifted her position on key issues since her first run for president Key takeaways from Harris and Walz's CNN interview Fact-checking Harris’ CNN interview Some key lines and context from Harris’ interview Harris defends border record, rips Trump for killing bipartisan bill Harris defends her policy changes in first interview: 'My values have not changed' Was Kamala Harris' First Interview a Success? Experts Weigh In Harris hugs Biden record in high-stakes CNN interview Harris bolsters momentum in first sit-down interview but leaves gaps on policy detail ‘Next question please’: Dana Bash asks Kamala Harris about Donald Trump Read Harris and Walz’s exclusive joint interview with CNN Harris vows tougher approach on migration, supports weapons for Israel The Grand Strategist Who Has Kamala’s Ear Keep calm and get under his skin
(DBN)

Battleground polls carry warning signs for Trump Trump campaign knocks Fox News after polling shows Harris lead in battleground states ABBA to Trump: Stop using our tunes Jack White rips Trump campaign for posting band’s song: ‘Don’t even think about using my music you fascists’ ‘It Is Not the Job of the Pro-Life Movement to Vote for President Trump.’ Trump’s Latest Move to Avoid Abortion Is His Strangest One Yet Trump Under Fire From Anti-Abortion Activists As Team Plays Down Comments In New Coffee-Table Book, Trump Threatens to Send Mark Zuckerberg to Prison for “the Rest of His Life” Trump’s attacks on Harris underscore increasingly nasty race Trump amps up culture war agenda with Moms for Liberty appearance Trump's Truth Social spree: QAnon, sexism and threats of vengeance Trump Calls for Death for His Enemies
(DBN)

Women in Florida reach across the aisle to support abortion access initiative Harris bus tour focused on reproductive rights to start in Palm Beach
(DBN)

How a Trump visit sparked turmoil at America’s most sacred cemetery The Trump camp is doubling down on the Arlington mess and picking a fight with the Army Arlington altercation latest spat in Trump's controversial military messaging Arlington National Cemetery worker was ‘pushed aside’ in Trump staff dispute but won’t seek charges Arlington Worker in Altercation With Trump Staffers Not Pressing Charges Because She Fears ‘Retaliation’ 'Unfairly attacked': Army defends employee involved in Trump campaign incident at Arlington Trump campaign was warned not to take photos at Arlington before altercation, defense official says 'Furious': Veterans slam Trump team's altercation at Arlington National Cemetery Trump team downplays Arlington 'incident' in an effort to minimize political fallout Dems hunt for info on Trump cemetery incident NYT: Trump Filmed Green Beret's tombstone without permission from family US Army rebukes Trump campaign for incident at Arlington National Cemetery Trump strikes again: The day politics invaded our hallowed grounds Federal law 'prohibits election-related activities' Arlington confrontation isn’t Trump’s first military cemetery controversy X flags NPR story on Trump, Arlington as unsafe What the performative patriotism of Donald Trump reveals about his character What are the rules for filming at Arlington National Cemetery?
(DBN)

Trump Goes on Crazed, Violent Rant Calling for Death of His Enemies
(DBN)

Trump can soon tap his $2 billion Truth Social fortune. But it won’t be easy
(DBN)

JD Vance Booed by Firefighters at Union Event Vance draws boos at firefighter union event: ‘We got some fans and some haters’
(DBN)

Walz says his military ‘record speaks for itself' Walz defends misstatements as "candid" words during CNN interview
(DBN)

Pentagon approves additional support to Secret Service for election campaigns
(DBN)

Hogan says his job in Senate would be to push back against his party like Manchin, Sinema
(DBN)

Rubio, Michigan Republican ask Pentagon to blacklist world’s biggest EV battery maker from contracts
(DBN)

How California Became a New Center of Political Corruption
(DBN)

Fake X Accounts Push MAGA Content Using Stolen Pics Of European Influencers
(DBN)

Wes Moore and the Bronze Star He Claimed but Never Received Maryland Gov. Wes Moore regrets "honest mistake" on Bronze Star
(DBN)

How Biden’s Senate Allies Helped Push Him From the Race Here’s how Harris found out Biden was exiting 2024 race
(DBN)

America Needs Georgia Republicans to Defend Democracy Again
(DBN)

____________

Food/Beverage:

9 deaths, 57 hospitalizations reported from listeria outbreak linked to Boar's Head deli meat recall
(DBN)

Nearly 80% of Americans too tired to cook after work
(DBN)

Kroger Executive Admits Company Gouged Prices Above Inflation
(DBN)

____________

Media:

St. Louis judge sets trial date for defamation case against Gateway Pundit
(DBN)

____________

Crypto:

Ex-FTX exec scraps vacating guilty plea, refers matter to partner’s case
(DBN)

CEO of Toss parent company borrowed $54M from bankrupt FTX
(DBN)

____________

Celebs:

Katie Price flogs 'completely naked' snaps as she attempts to tackle bankruptcy
(DBN)

____________

Personal Finance:

3 small mistakes that can get you into big trouble at work, from an HR professional
(DBN)

____________

Pharma:

Biden Drug Cap to Save Millions $1,500 a Year
(DBN)

____________

Hotels:

‘It’s always going to be there’: The Greenbrier’s potential sale causes concern for its neighbors
(DBN)

____________

:Corporate Governance

Yes, But Who is an “Officer”?
(DBN)

____________

Coal:

Why Coal is Still a Cornerstone of the Global Energy Mix
(DBN)

____________

Culture:

Ten Ways to Spot Gen Z, According to ChatGPT
(DBN)

____________

Mail:

Postal Service Overhaul Runs Into Challenges
(DBN)

____________

Sports:

Sports Fans Could Face Well Over $1,000 A Year To Watch Streaming Due To Exclusivity Deals
(DBN)

Why the NFL Let Private Equity Get Into the Game
(DBN)

____________

 


New Bankruptcy Opinions
(3 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (20 new filings today)
(DBN)

Recent Ch. Adversary Proceeding Filings (15 new filings today)
(DBN)

Chapter 11 Bankruptcy Case Studies
(DBN)

Bankruptcy Reform:

“Ending Corporate Bankruptcy Abuse Act”: Three Strikes Already!
(DBN)

____________

Mass Torts:

The Impact of Purdue Pharma
(DBN)

Public voices often ignored in states’ opioid settlement money decisions
(DBN)

____________

Involuntary Bankruptcy:

Eighth Circuit Issues Decision on Involuntary Bankruptcy Case and Damages Arising from a Bad Faith Filing
(DBN)

____________

Aviation:

Passengers on a plane locked a crying toddler in a bathroom. The airline said her grandma gave them permission.
(DBN)

Budget Airlines Want to Go Premium. That’s Easier Said Than Done.
(DBN)

FAA grounds SpaceX after rocket falls over in flames at landing Stranded astronauts risk further delay as SpaceX rocket grounded NASA finally gives Boeing Starliner capsule a return date. But it will fly home without its crew
(DBN)

United Airlines Flight Attendants Vote 99.9% In Favor Of Strike Ahead Of Labor Day Travel
(DBN)

LAX's most iconic image is a rotting building without a future
(DBN)

Airline Owner Abra Nears $1.3 Billion Loan Deal With Castlelake
(DBN)

Creditors to vote on Air Belgium's restructuring plan
(DBN)

Norse Atlantic Cuts Winter Routes Amid Low Demand
(DBN)

____________

Healthcare:

Steward has "definitive agreements" to sell some hospitals in Massachusetts Bankrupt Steward Finds Buyers for Massachusetts Hospitals Mass. Gov. Healey announces formal takeover deals for four Steward hospitals Steward Health Care signs deals for four of six hospital sales Nashoba Valley Hospital, Carney Hospital closing Saturday morning Sales of other Steward hospitals move forward Patients will suffer with bankrupt health care firm's closure of Massachusetts hospitals, staff say 'Unprecedented': 2 Ohio hospitals are slated to shut down in September
(DBN)

Trump says he wants to make IVF treatments paid for by government or insurance companies
(DBN)

Summer COVID surge shows we may have to return to 2020 pandemic measures ‘Most people are confused’: What to know about the latest Covid shot
(DBN)

Google's Latest AI Can Diagnose Diseases From Coughing Sounds
(DBN)

Medical center fails to give patient's positive cancer test to specialist for 13 months
(DBN)

____________

Tech:

Telegram CEO's arrest roils far-right users in US Telegram’s Pavel Durov built a haven for free speech — and child predators Telegram Founder’s Indictment Thrusts Encryption Into the Spotlight 3 unsolved mysteries in the case of Telegram CEO Pavel Durov
(DBN)

All the tech giants say their chatbot is the hot one
(DBN)

Musk slams Brazil judge over Starlink frozen accounts, X shutdown threat Musk ramps up attacks on Brazil’s top judge as X faces possible ban, Starlink finances frozen Explainer-What is Elon Musk's feud with a Brazilian Supreme Court justice about?
(DBN)

Elon Musk’s X can proceed to trial in case against Media Matters after Texas judge denies dismissal
(DBN)

OpenAI says ChatGPT usage has doubled since last year
(DBN)

Apple is reportedly considering a major investment in OpenAI
(DBN)

OpenAI is the new Nvidia for investors that even Nvidia wants in on
(DBN)

OpenAI's potential investors: World's most valuable companies
(DBN)

Nvidia's results show AI spending boom continues
(DBN)

Intel working with bankers to present board with strategic options
(DBN)

OpenAI, Anthropic reach AI safety, research agreement with feds OpenAI and Anthropic agree to send models to US government for safety evaluations
(DBN)

TikTok lawsuit over 10-year-old girl who died after 'Blackout Challenge' reignited
(DBN)

Data Centers Face Seven-Year Wait for Power Hookups in Virginia
(DBN)

____________

UK:

Council submits £100m plan to help stave off bankruptcy
(DBN)

Cineworld clears first hurdle in controversial restructuring plan
(DBN)

UK House Prices Post Surprise Fall Despite BOE Rate Cut
(DBN)

____________

EU:

Euro-Zone Inflation Slumps to 3-Year Low, Boosting Rate-Cut Case
(DBN)

ECB Should Proceed Cautiously With Rate Cuts, Schnabel Warns
(DBN)

ECB Mustn’t Cut Too Quickly as 2% Goal Not Reached, Nagel Says
(DBN)

Violent Drug Gangs Bring Mayhem to Western Europe
(DBN)

____________

MENA:

Poll on American attitudes toward Israel reveals partisan divide Most in US favor continued military support for Israel until hostages are released: Survey
(DBN)

Gaza talks focus on "nitty gritty" in hope of getting hostage-ceasefire deal
(DBN)

As the world focuses on Gaza, the West Bank has reached boiling point Israeli military says commander among 5 militants killed in massive West Bank operation
(DBN)

Aid group says Israel hit convoy to hospital in Gaza. Israel says it hit gunmen who seized the car
(DBN)

WHO announces limited pauses in Gaza fighting to allow for polio vaccinations
(DBN)

Inside the Frantic U.S. Efforts to Contain a Mideast Disaster
(DBN)

Terrorism threats on the rise 3 years after Afghanistan exit
(DBN)

____________

Russia:

Top Ukrainian pilot killed when US-made F-16 fighter jet crashed
(DBN)

Putin and Kim Jong Un's new alliance is proving to be a win-win
(DBN)

NATO member says Ukraine's Kursk incursion shows just how hollow the Russian war machine is ‘Who blinks first?’ Why Putin still hasn’t driven Ukraine's invaders out of Russia
(DBN)

Ukraine F-16 Crash May Have Been Friendly Fire: Reports
(DBN)

Some Western aid promised to Ukraine in 2023 won't actually arrive until 2027, NATO-state minister says
(DBN)

The EU will push ahead with plans to use frozen Russian funds to aid Ukraine, despite US pushback
(DBN)

Beijing and Washington Clash Over Russia Sanctions
(DBN)

____________

Mexico:

Mexico's judicial reform plans spark protests, clash with U.S. embassy
(DBN)

____________

El Salvador:

How Nayib Bukele’s ‘Iron Fist’ Has Transformed El Salvador
(DBN)

____________

Germany:

Germany's far right predicted to make biggest gains since Nazi era in key state elections
(DBN)

____________

Poland:

Liberty Steel's Polish Plant Faces Bankruptcy
(DBN)

____________

China:

US efforts to stop Chinese hackers haven’t been fully effective, FBI official says
(DBN)

____________

France:

Panic in France as 'war' between migrants and police sparks chaos in seaside town near UK
(DBN)

French Inflation Retreats to Its Lowest Level in Three Years
(DBN)

____________

India:

Indian authorities capture one of three wolves that have killed six children
(DBN)

____________

Switzerland:

Putin, cash and guns prompt ‘explosive’ rethink of Swiss neutrality
(DBN)

____________

Sweden:

Intrum Wins Bondholder Support to Start Restructuring
(DBN)

____________

Australia:

Australian Retail Sales Stagnate as Elevated Rates Take Toll
(DBN)

____________


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